# EDGAR Filing Document

**Accession Number:** 0001688680
**File Stem:** 0001003715-26-000197
**Filing Date:** 2026-1
**Character Count:** 1120337
**Document Hash:** a1727db5c90850af82a9ed6fb846f5b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-26-000197.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0001003715-26-000197

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brinker Capital Destinations Trust
- **CENTRAL INDEX KEY:** 0001688680

**ORGANIZATION NAME:**
- **EIN:** 816867493
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23207
- **FILM NUMBER:** 26554372

**BUSINESS ADDRESS:**
- **STREET 1:** 1055 WESTLAKES DRIVE, SUITE 250
- **CITY:** BERWYN
- **STATE:** PA
- **ZIP:** 19312
- **BUSINESS PHONE:** (610) 407-8348

**MAIL ADDRESS:**
- **STREET 1:** 1055 WESTLAKES DRIVE, SUITE 250
- **CITY:** BERWYN
- **STATE:** PA
- **ZIP:** 19312

## Series and Classes Contracts Data

### Destinations Municipal Fixed Income Fund (Series ID: S000056109)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000176701 | Class I      | DMFFX           |
| C000202461 | Class Z      | DMFZX           |

## Nport-Ex

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Large Cap Equity Fund**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 93.0%** | **COMMON STOCKS - 93.0%** |  |
| **BASIC MATERIALS - 1.4%** | **BASIC MATERIALS - 1.4%** |  |
| **Chemicals - 0.5%** | **Chemicals - 0.5%** |  |
| 3527 | Air Products & Chemicals Inc. | $920723 |
| 96656 | Celanese Corp., Class A Shares | 4025722 |
| 4016 | Ecolab Inc. | 1105043 |
| 26699 | Linde PLC | 10955134 |
| 3728 | Sherwin-Williams Co. | 1281276 |
| 2573 | Solstice Advanced Materials Inc.<sup>\*</sup> | 122681 |
|  | Total Chemicals | 18410579 |
| **Mining - 0.9%** | **Mining - 0.9%** |  |
| 123354 | Alcoa Corp. | 5148796 |
| 292130 | Freeport-McMoRan Inc. | 12555747 |
| 156491 | Newmont Corp. | 14198429 |
| 1294 | Southern Copper Corp. | 174405 |
|  | Total Mining | 32077377 |
|  | **TOTAL BASIC MATERIALS** | **50487956** |
| **COMMUNICATIONS - 13.3%** | **COMMUNICATIONS - 13.3%** |  |
| **Advertising - 0.3%** | **Advertising - 0.3%** |  |
| 168281 | Omnicom Group Inc. | 12052285 |
| **Internet - 11.2%** | **Internet - 11.2%** |  |
| 18408 | Airbnb Inc., Class A Shares<sup>\*</sup> | 2153552 |
| 397615 | Alphabet Inc., Class A Shares | 127308371 |
| 75727 | Alphabet Inc., Class C Shares | 24241727 |
| 495612 | Amazon.com Inc.<sup>\*</sup> | 115586631 |
| 8355 | AppLovin Corp., Class A Shares<sup>\*</sup> | 5008656 |
| 560 | Booking Holdings Inc. | 2752227 |
| 23611 | DoorDash Inc., Class A Shares<sup>\*</sup> | 4683714 |
| 36171 | eBay Inc. | 2994597 |
| 46207 | Maplebear Inc.<sup>\*</sup> | 1941156 |
| 127815 | Meta Platforms Inc., Class A Shares | 82817729 |
| 117580 | Netflix Inc.<sup>\*</sup> | 12649256 |
| 31493 | Palo Alto Networks Inc.<sup>\*</sup> | 5987764 |
| 7855 | Reddit Inc., Class A Shares<sup>\*</sup> | 1700372 |
| 8538 | Spotify Technology SA<sup>\*</sup> | 5113152 |
| 28869 | TripAdvisor Inc.<sup>\*</sup> | 429282 |
| 132622 | Uber Technologies Inc.<sup>\*</sup> | 11609730 |
| 4303 | Wayfair Inc., Class A Shares<sup>\*</sup> | 476772 |
|  | Total Internet | 407454688 |
| **Media - 0.3%** | **Media - 0.3%** |  |
| 59193 | Comcast Corp., Class A Shares | 1579861 |
| 95682 | Walt Disney Co. | 9995899 |
|  | Total Media | 11575760 |
| **Telecommunications - 1.5%** | **Telecommunications - 1.5%** |  |
| 39816 | Arista Networks Inc.<sup>\*</sup> | 5203155 |
| 348907 | AT&T Inc. | 9078560 |
| 426378 | Cisco Systems Inc. | 32805523 |
| 2732 | Motorola Solutions Inc. | 1009966 |
| 7226 | T-Mobile US Inc. | 1510306 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **COMMUNICATIONS - (continued)** | **COMMUNICATIONS - (continued)** |  |
| **Telecommunications - (continued)** | **Telecommunications - (continued)** |  |
| 67572 | Verizon Communications Inc. | $2777885 |
|  | Total Telecommunications | 52385395 |
|  | **TOTAL COMMUNICATIONS** | **483468128** |
| **CONSUMER CYCLICAL - 9.7%** | **CONSUMER CYCLICAL - 9.7%** |  |
| **Airlines - 0.9%** | **Airlines - 0.9%** |  |
| 498118 | Delta Air Lines Inc. | 31929364 |
| **Apparel - 0.4%** | **Apparel - 0.4%** |  |
| 15561 | Deckers Outdoor Corp.<sup>\*</sup> | 1369835 |
| 84895 | LVMH Moet Hennessy Louis Vuitton SE, ADR<sup>(a)</sup> | 12586533 |
| 18527 | NIKE Inc., Class B Shares | 1197400 |
|  | Total Apparel | 15153768 |
| **Auto Manufacturers - 1.2%** | **Auto Manufacturers - 1.2%** |  |
| 11443 | Cummins Inc. | 5698385 |
| 15487 | General Motors Co. | 1138604 |
| 8200 | PACCAR Inc. | 864444 |
| 80343 | Tesla Inc.<sup>\*</sup> | 34561149 |
|  | Total Auto Manufacturers | 42262582 |
| **Distribution/Wholesale - 0.2%** | **Distribution/Wholesale - 0.2%** |  |
| 207128 | Copart Inc.<sup>\*</sup> | 8073850 |
| **Entertainment - 0.5%** | **Entertainment - 0.5%** |  |
| 2315 | Live Nation Entertainment Inc.<sup>\*</sup> | 304307 |
| 1459006 | Universal Music Group NV, ADR<sup>(a)</sup> | 18631506 |
|  | Total Entertainment | 18935813 |
| **Home Builders - 0.4%** | **Home Builders - 0.4%** |  |
| 102524 | Lennar Corp., Class A Shares | 13461401 |
| **Home Furnishings - 0.2%** | **Home Furnishings - 0.2%** |  |
| 116029 | Dolby Laboratories Inc., Class A Shares | 7826156 |
| **Leisure Time - 0.4%** | **Leisure Time - 0.4%** |  |
| 20443 | Royal Caribbean Cruises Ltd. | 5442949 |
| 140756 | Viking Holdings Ltd.<sup>\*</sup> | 9399685 |
|  | Total Leisure Time | 14842634 |
| **Lodging - 0.2%** | **Lodging - 0.2%** |  |
| 116985 | Las Vegas Sands Corp. | 7973697 |
| 3592 | Marriott International Inc., Class A Shares | 1094806 |
|  | Total Lodging | 9068503 |
| **Retail - 5.3%** | **Retail - 5.3%** |  |
| 583 | AutoZone Inc.<sup>\*</sup> | 2305374 |
| 405894 | BJ's Wholesale Club Holdings Inc.<sup>\*</sup> | 36217922 |
| 17618 | Casey's General Stores Inc. | 10050364 |
| 45375 | Cava Group Inc.<sup>\*</sup> | 2218384 |
| 139546 | Chipotle Mexican Grill Inc., Class A Shares<sup>\*</sup> | 4817128 |
| 29150 | Costco Wholesale Corp. | 26631149 |
| 749 | Domino's Pizza Inc. | 314303 |
| 23672 | Ferguson Enterprises Inc. | 5957532 |
| 43734 | Five Below Inc.<sup>\*</sup> | 7211299 |
| 15971 | Home Depot Inc. | 5700369 |
| 67180 | Lithia Motors Inc., Class A Shares | 21419671 |
| 42620 | Lowe's Cos., Inc. | 10334498 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Retail - (continued)** | **Retail - (continued)** |  |
| 11466 | McDonald's Corp. | $3575328 |
| 147407 | O'Reilly Automotive Inc.<sup>\*</sup> | 14991292 |
| 177427 | Restaurant Brands International Inc. | 12843941 |
| 143819 | Starbucks Corp. | 12528073 |
| 7273 | Target Corp. | 659079 |
| 24157 | TJX Cos., Inc. | 3669931 |
| 4523 | Ulta Beauty Inc.<sup>\*</sup> | 2437128 |
| 69835 | Walmart Inc. | 7717466 |
|  | Total Retail | 191600231 |
|  | **TOTAL CONSUMER CYCLICAL** | **353154302** |
| **CONSUMER NON-CYCLICAL - 12.7%** | **CONSUMER NON-CYCLICAL - 12.7%** |  |
| **Agriculture - 0.2%** | **Agriculture - 0.2%** |  |
| 27000 | Altria Group Inc. | 1593270 |
| 24885 | Philip Morris International Inc. | 3918890 |
|  | Total Agriculture | 5512160 |
| **Beverages - 0.6%** | **Beverages - 0.6%** |  |
| 62187 | Coca-Cola Co. | 4547114 |
| 20700 | Keurig Dr Pepper Inc. | 577530 |
| 176890 | Monster Beverage Corp.<sup>\*</sup> | 13264981 |
| 21891 | PepsiCo Inc. | 3256067 |
|  | Total Beverages | 21645692 |
| **Biotechnology - 1.0%** | **Biotechnology - 1.0%** |  |
| 2011 | Alnylam Pharmaceuticals Inc.<sup>\*</sup> | 907423 |
| 19560 | Amgen Inc. | 6757198 |
| 80996 | Gilead Sciences Inc. | 10192537 |
| 19428 | Illumina Inc.<sup>\*</sup> | 2553811 |
| 32169 | Incyte Corp.<sup>\*</sup> | 3360374 |
| 9091 | Regeneron Pharmaceuticals Inc. | 7092707 |
| 14327 | Sarepta Therapeutics Inc.<sup>\*</sup> | 305738 |
| 7746 | Vertex Pharmaceuticals Inc.<sup>\*</sup> | 3358743 |
|  | Total Biotechnology | 34528531 |
| **Commercial Services - 0.6%** | **Commercial Services - 0.6%** |  |
| 6536 | Automatic Data Processing Inc. | 1668641 |
| 5500 | Cintas Corp. | 1023110 |
| 2554 | Moody's Corp. | 1253452 |
| 15589 | PayPal Holdings Inc. | 977274 |
| 4912 | S&P Global Inc. | 2450253 |
| 154301 | StoneCo Ltd., Class A Shares<sup>\*</sup> | 2599972 |
| 115404 | TransUnion | 9815110 |
| 14216 | Verisk Analytics Inc., Class A Shares | 3199595 |
|  | Total Commercial Services | 22987407 |
| **Cosmetics/Personal Care - 0.4%** | **Cosmetics/Personal Care - 0.4%** |  |
| 12820 | Colgate-Palmolive Co. | 1030600 |
| 88815 | Estee Lauder Cos., Inc., Class A Shares | 8354827 |
| 37585 | Procter & Gamble Co. | 5568593 |
|  | Total Cosmetics/Personal Care | 14954020 |
| **Food - 0.6%** | **Food - 0.6%** |  |
| 20733 | Flowers Foods Inc. | 222465 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |  |
| **Food - (continued)** | **Food - (continued)** |  |
| 287400 | Kroger Co. | $19336272 |
| 20669 | Mondelez International Inc., Class A Shares | 1189914 |
|  | Total Food | 20748651 |
| **Healthcare-Products - 3.4%** | **Healthcare-Products - 3.4%** |  |
| 27675 | Abbott Laboratories | 3567308 |
| 89218 | Agilent Technologies Inc. | 13694963 |
| 69375 | Alcon AG | 5502131 |
| 23620 | Boston Scientific Corp.<sup>\*</sup> | 2399320 |
| 36576 | Danaher Corp. | 8294705 |
| 76722 | Edwards Lifesciences Corp.<sup>\*</sup> | 6649496 |
| 251473 | GE HealthCare Technologies Inc. | 20115325 |
| 18990 | IDEXX Laboratories Inc.<sup>\*</sup> | 14297191 |
| 5703 | Intuitive Surgical Inc.<sup>\*</sup> | 3270556 |
| 242070 | Medtronic PLC | 25497233 |
| 5570 | Stryker Corp. | 2067473 |
| 28836 | Thermo Fisher Scientific Inc. | 17037174 |
|  | Total Healthcare-Products | 122392875 |
| **Healthcare-Services - 2.1%** | **Healthcare-Services - 2.1%** |  |
| 4288 | Cigna Group | 1188977 |
| 27310 | Elevance Health Inc. | 9237880 |
| 2806 | HCA Healthcare Inc. | 1426262 |
| 36764 | Humana Inc. | 9035488 |
| 96115 | Labcorp Holdings Inc. | 25833790 |
| 91417 | UnitedHealth Group Inc. | 30146584 |
|  | Total Healthcare-Services | 76868981 |
| **Household Products/Wares - 0.0%** | **Household Products/Wares - 0.0%** |  |
| 5273 | Kimberly-Clark Corp. | 575390 |
| **Pharmaceuticals - 3.8%** | **Pharmaceuticals - 3.8%** |  |
| 84436 | AbbVie Inc. | 19226077 |
| 113641 | Becton Dickinson & Co. | 22048627 |
| 156332 | Bristol-Myers Squibb Co. | 7691534 |
| 16470 | Cardinal Health Inc. | 3495922 |
| 16857 | Cencora Inc. | 6219053 |
| 20000 | CVS Health Corp. | 1607200 |
| 16526 | DexCom Inc.<sup>\*</sup> | 1048905 |
| 18165 | Eli Lilly & Co. | 19535913 |
| 22604 | Jazz Pharmaceuticals PLC<sup>\*</sup> | 3990284 |
| 179812 | Johnson & Johnson | 37206699 |
| 2003 | McKesson Corp. | 1764883 |
| 40277 | Merck & Co., Inc. | 4222238 |
| 392283 | Pfizer Inc. | 10097365 |
| 7115 | Zoetis Inc., Class A Shares | 912001 |
|  | Total Pharmaceuticals | 139066701 |
|  | **TOTAL CONSUMER NON-CYCLICAL** | **459280408** |
| **ENERGY - 2.6%** | **ENERGY - 2.6%** |  |
| **Energy-Alternate Sources - 0.0%** | **Energy-Alternate Sources - 0.0%** |  |
| 6688 | Enphase Energy Inc.<sup>\*</sup> | 192949 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **ENERGY - (continued)** | **ENERGY - (continued)** |  |
| **Oil & Gas - 2.6%** | **Oil & Gas - 2.6%** |  |
| 30858 | Chevron Corp. | $4663570 |
| 20226 | ConocoPhillips | 1793844 |
| 58749 | Diamondback Energy Inc. | 8964510 |
| 8804 | EOG Resources Inc. | 949511 |
| 145953 | EQT Corp. | 8882700 |
| 252223 | Exxon Mobil Corp. | 29237690 |
| 78453 | Marathon Petroleum Corp. | 15198700 |
| 535474 | Permian Resources Corp., Class A Shares | 7759018 |
| 110193 | Phillips 66 | 15092033 |
| 16178 | Weatherford International PLC | 1210114 |
|  | Total Oil & Gas | 93751690 |
| **Oil & Gas Services - 0.0%** | **Oil & Gas Services - 0.0%** |  |
| 24000 | SLB Ltd. | 869760 |
| **Pipelines - 0.0%** | **Pipelines - 0.0%** |  |
| 19500 | Williams Cos., Inc. | 1188135 |
|  | **TOTAL ENERGY** | **96002534** |
| **FINANCIAL - 15.1%** | **FINANCIAL - 15.1%** |  |
| **Banks - 4.6%** | **Banks - 4.6%** |  |
| 501503 | Bank of America Corp. | 26905636 |
| 18777 | Bank of New York Mellon Corp. | 2104902 |
| 184677 | Citigroup Inc. | 19132537 |
| 12747 | First Citizens BancShares Inc., Class A Shares | 23937464 |
| 536540 | First Horizon Corp. | 11986304 |
| 21170 | Goldman Sachs Group Inc. | 17487267 |
| 128770 | JPMorgan Chase & Co. | 40315312 |
| 98496 | Morgan Stanley | 16710831 |
| 54800 | NU Holdings Ltd., Class A Shares<sup>\*</sup> | 952972 |
| 6338 | PNC Financial Services Group Inc. | 1208783 |
| 20973 | Truist Financial Corp. | 975244 |
| 24963 | US Bancorp | 1224435 |
| 52130 | Wells Fargo & Co. | 4475360 |
|  | Total Banks | 167417047 |
| **Diversified Financial Services - 3.4%** | **Diversified Financial Services - 3.4%** |  |
| 8762 | American Express Co. | 3200496 |
| 6600 | Apollo Global Management Inc. | 870210 |
| 100866 | Ares Management Corp., Class A Shares | 15820832 |
| 2437 | Blackrock Inc. | 2552270 |
| 189496 | Blue Owl Capital Inc., Class A Shares | 2842440 |
| 6100 | Brookfield Asset Management Ltd., Class A Shares | 321714 |
| 47849 | Capital One Financial Corp. | 10482280 |
| 95365 | Charles Schwab Corp. | 8843197 |
| 36603 | CME Group Inc., Class A Shares | 10302280 |
| 6800 | Interactive Brokers Group Inc., Class A Shares | 442136 |
| 9095 | Intercontinental Exchange Inc. | 1430644 |
| 70374 | Mastercard Inc., Class A Shares | 38742998 |
| 53205 | Visa Inc., Class A Shares | 17793880 |
| 127698 | Voya Financial Inc. | 8977169 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Diversified Financial Services - (continued)** | **Diversified Financial Services - (continued)** |  |
| 111129 | Western Union Co. | $976824 |
|  | Total Diversified Financial Services | 123599370 |
| **Equity Real Estate Investment Trusts (REITs) - 0.2%** | **Equity Real Estate Investment Trusts (REITs) - 0.2%** |  |
| 7511 | American Tower Corp. | 1361519 |
| 1558 | Equinix Inc. | 1173657 |
| 14863 | Prologis Inc. | 1910342 |
| 2558 | Public Storage | 702273 |
| 10800 | Welltower Inc. | 2248776 |
|  | Total Equity Real Estate Investment Trusts (REITs) | 7396567 |
| **Insurance - 5.5%** | **Insurance - 5.5%** |  |
| 7800 | Aflac Inc. | 860418 |
| 121063 | American International Group Inc. | 9220158 |
| 51406 | Aon PLC, Class A Shares | 18193612 |
| 3570 | Arch Capital Group Ltd.<sup>\*</sup> | 335295 |
| 4100 | Arthur J Gallagher & Co. | 1015242 |
| 104775 | Assurant Inc. | 23905464 |
| 197714 | Berkshire Hathaway Inc., Class B Shares<sup>\*</sup> | 101587430 |
| 5941 | Chubb Ltd. | 1759605 |
| 9271 | Fairfax Financial Holdings Ltd.<sup>(a)</sup> | 15945564 |
| 7927 | Marsh & McLennan Cos., Inc. | 1454208 |
| 9029 | MetLife Inc. | 691260 |
| 9406 | Progressive Corp. | 2151999 |
| 3593 | Travelers Cos., Inc. | 1052246 |
| 62485 | Willis Towers Watson PLC | 20057685 |
|  | Total Insurance | 198230186 |
| **Private Equity - 1.4%** | **Private Equity - 1.4%** |  |
| 11700 | Blackstone Inc. | 1713114 |
| 495472 | Brookfield Corp. | 23287184 |
| 197759 | Carlyle Group Inc. | 10783798 |
| 117464 | KKR & Co., Inc. | 14367022 |
|  | Total Private Equity | 50151118 |
|  | **TOTAL FINANCIAL** | **546794288** |
| **INDUSTRIAL - 10.0%** | **INDUSTRIAL - 10.0%** |  |
| **Aerospace/Defense - 1.3%** | **Aerospace/Defense - 1.3%** |  |
| 11587 | Boeing Co.<sup>\*</sup> | 2189943 |
| 4088 | General Dynamics Corp. | 1396583 |
| 16830 | General Electric Co. | 5022913 |
| 21277 | Howmet Aerospace Inc. | 4353061 |
| 60953 | L3Harris Technologies Inc. | 16986992 |
| 3317 | Lockheed Martin Corp. | 1518722 |
| 16522 | Northrop Grumman Corp. | 9454715 |
| 21434 | RTX Corp. | 3749021 |
| 886 | TransDigm Group Inc. | 1205111 |
|  | Total Aerospace/Defense | 45877061 |
| **Building Materials - 3.7%** | **Building Materials - 3.7%** |  |
| 575425 | Amrize Ltd.<sup>\*</sup> | 29640142 |
| 92353 | Carlisle Cos., Inc. | 29374719 |
| 12900 | Carrier Global Corp. | 707952 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |  |
| **Building Materials - (continued)** | **Building Materials - (continued)** |  |
| 525897 | CRH PLC | $63086604 |
| 10535 | Johnson Controls International PLC | 1225326 |
| 11927 | Martin Marietta Materials Inc. | 7433383 |
| 9287 | Trane Technologies PLC | 3914285 |
|  | Total Building Materials | 135382411 |
| **Electrical Components & Equipment - 0.3%** | **Electrical Components & Equipment - 0.3%** |  |
| 5238 | Acuity Inc. | 1919308 |
| 6300 | Eaton Corp. PLC | 2179107 |
| 58137 | Emerson Electric Co. | 7754313 |
|  | Total Electrical Components & Equipment | 11852728 |
| **Electronics - 0.9%** | **Electronics - 0.9%** |  |
| 22026 | Amphenol Corp., Class A Shares | 3103463 |
| 53427 | Honeywell International Inc. | 10268135 |
| 22962 | Hubbell Inc., Class B Shares | 9906496 |
| 34242 | TE Connectivity PLC | 7743828 |
|  | Total Electronics | 31021922 |
| **Environmental Control - 0.4%** | **Environmental Control - 0.4%** |  |
| 3200 | Republic Services Inc., Class A Shares | 694592 |
| 128968 | Veralto Corp. | 13054141 |
| 5921 | Waste Management Inc. | 1290008 |
|  | Total Environmental Control | 15038741 |
| **Machinery-Construction & Mining - 0.9%** | **Machinery-Construction & Mining - 0.9%** |  |
| 24188 | Caterpillar Inc. | 13926483 |
| 30258 | GE Vernova Inc. | 18147841 |
|  | Total Machinery-Construction & Mining | 32074324 |
| **Machinery-Diversified - 0.8%** | **Machinery-Diversified - 0.8%** |  |
| 56435 | Deere & Co. | 26213493 |
| 21238 | Dover Corp. | 3934977 |
|  | Total Machinery-Diversified | 30148470 |
| **Miscellaneous Manufacturers - 0.1%** | **Miscellaneous Manufacturers - 0.1%** |  |
| 8600 | 3M Co. | 1479630 |
| 4734 | Illinois Tool Works Inc. | 1180091 |
| 2060 | Parker-Hannifin Corp. | 1775102 |
|  | Total Miscellaneous Manufacturers | 4434823 |
| **Transportation - 1.6%** | **Transportation - 1.6%** |  |
| 398753 | CSX Corp. | 14099906 |
| 20802 | FedEx Corp. | 5734695 |
| 3569 | Norfolk Southern Corp. | 1042469 |
| 149809 | Union Pacific Corp. | 34730221 |
| 11779 | United Parcel Service Inc., Class B Shares | 1128311 |
|  | Total Transportation | 56735602 |
|  | **TOTAL INDUSTRIAL** | **362566082** |
| **TECHNOLOGY - 27.8%** | **TECHNOLOGY - 27.8%** |  |
| **Computers - 6.9%** | **Computers - 6.9%** |  |
| 10014 | Accenture PLC, Class A Shares | 2503500 |
| 712025 | Apple Inc. | 198548171 |
| 24324 | CACI International Inc., Class A Shares<sup>\*</sup> | 15010340 |
| 21000 | Check Point Software Technologies Ltd.<sup>\*</sup> | 3922170 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |  |
| **Computers - (continued)** | **Computers - (continued)** |  |
| 3900 | Crowdstrike Holdings Inc., Class A Shares<sup>\*</sup> | $1985724 |
| 22896 | Dell Technologies Inc., Class C Shares | 3053182 |
| 9034 | EPAM Systems Inc.<sup>\*</sup> | 1689358 |
| 10177 | Fortinet Inc.<sup>\*</sup> | 825660 |
| 42039 | International Business Machines Corp. | 12972395 |
| 16925 | NetApp Inc. | 1888153 |
| 36228 | Pure Storage Inc., Class A Shares<sup>\*</sup> | 3222843 |
| 4189 | Rubrik Inc., Class A Shares<sup>\*</sup> | 290381 |
| 20026 | Zscaler Inc.<sup>\*</sup> | 5036539 |
|  | Total Computers | 250948416 |
| **Semiconductors - 11.0%** | **Semiconductors - 11.0%** |  |
| 78352 | Advanced Micro Devices Inc.<sup>\*</sup> | 17043910 |
| 7914 | Analog Devices Inc. | 2099901 |
| 83312 | Applied Materials Inc. | 21015452 |
| 283335 | Broadcom Inc. | 114172672 |
| 163963 | Intel Corp.<sup>\*</sup> | 6650339 |
| 3369 | KLA Corp. | 3960158 |
| 20410 | Lam Research Corp. | 3183960 |
| 13800 | Marvell Technology Inc. | 1233720 |
| 17827 | Micron Technology Inc. | 4215729 |
| 1212111 | NVIDIA Corp. | 214543647 |
| 18746 | QUALCOMM Inc. | 3151015 |
| 30901 | Teradyne Inc. | 5620583 |
| 14540 | Texas Instruments Inc. | 2446646 |
|  | Total Semiconductors | 399337732 |
| **Software - 9.9%** | **Software - 9.9%** |  |
| 52764 | Adobe Inc.<sup>\*</sup> | 16891339 |
| 2600 | Atlassian Corp., Class A Shares<sup>\*</sup> | 388752 |
| 6335 | Autodesk Inc.<sup>\*</sup> | 1921659 |
| 4410 | Cadence Design Systems Inc.<sup>\*</sup> | 1375214 |
| 2851 | Datadog Inc., Class A Shares<sup>\*</sup> | 456189 |
| 146633 | Fiserv Inc.<sup>\*</sup> | 9013531 |
| 479 | HubSpot Inc.<sup>\*</sup> | 175946 |
| 23340 | Intuit Inc. | 14799427 |
| 835 | Magic Leap Inc., Series D, Private Placement<sup>\*@(a)(b)</sup> | 3131 |
| 417755 | Microsoft Corp. | 205539638 |
| 1714 | MSCI Inc., Class A Shares | 966216 |
| 139546 | Nutanix Inc., Class A Shares<sup>\*</sup> | 6670299 |
| 68690 | Oracle Corp. | 13871945 |
| 103123 | Palantir Technologies Inc., Class A Shares<sup>\*</sup> | 17371069 |
| 21207 | Paycom Software Inc. | 3417932 |
| 30233 | ROBLOX Corp., Class A Shares<sup>\*</sup> | 2873042 |
| 1717 | Roper Technologies Inc. | 766160 |
| 28561 | Salesforce Inc. | 6584453 |
| 21211 | ServiceNow Inc.<sup>\*</sup> | 17232029 |
| 57463 | Snowflake Inc., Class A Shares<sup>\*</sup> | 14437004 |
| 4200 | Strategy Inc., Class A Shares<sup>\*</sup> | 744156 |
| 2967 | Synopsys Inc.<sup>\*</sup> | 1240236 |
| 20688 | Tyler Technologies Inc.<sup>\*</sup> | 9715499 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |  |
| **Software - (continued)** | **Software - (continued)** |  |
| 35546 | Veeva Systems Inc., Class A Shares<sup>\*</sup> | $8541348 |
| 3400 | Workday Inc., Class A Shares<sup>\*</sup> | 733108 |
| 67314 | ZoomInfo Technologies Inc., Class A Shares<sup>\*</sup> | 667755 |
|  | Total Software | 356397077 |
|  | **TOTAL TECHNOLOGY** | **1006683225** |
| **UTILITIES - 0.4%** | **UTILITIES - 0.4%** |  |
| **Electric - 0.4%** | **Electric - 0.4%** |  |
| 8565 | American Electric Power Co., Inc. | 1060090 |
| 16492 | Constellation Energy Corp. | 6009025 |
| 13605 | Dominion Energy Inc. | 853986 |
| 12442 | Duke Energy Corp. | 1542062 |
| 32946 | NextEra Energy Inc. | 2842910 |
| 10406 | Sempra | 985656 |
| 17577 | Southern Co. | 1601616 |
| 1026 | Vistra Corp. | 183511 |
|  | Total Electric | 15078856 |
|  | **TOTAL UTILITIES** | **15078856** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $2,509,564,499) | **3373515779** |
| **EXCHANGE TRADED FUNDS (ETFs) - 5.7%** | **EXCHANGE TRADED FUNDS (ETFs) - 5.7%** |  |
| 122929 | iShares S&P 500 Value | 26112578 |
| 342908 | Vanguard Mega Capital Growth | 142070213 |
| 199649 | Vanguard Value | 38029142 |
|  | **TOTAL EXCHANGE TRADED FUNDS (ETFs)** |  |
|  | (Cost - $178,634,033) | **206211933** |
| **PREFERRED STOCKS - 0.0%** | **PREFERRED STOCKS - 0.0%** |  |
| **INDUSTRIAL - 0.0%** | **INDUSTRIAL - 0.0%** |  |
| **Machinery - 0.0%** | **Machinery - 0.0%** |  |
| 108389 | Nuro Inc., Series C, Private Placement<sup>\*@(a)(b)</sup> | 593972 |
| 26242 | Nuro Inc., Series D<sup>\*@(a)(b)</sup> | 177396 |
|  | Total Machinery | 771368 |
|  | **TOTAL INDUSTRIAL** | **771368** |
|  | **TOTAL PREFERRED STOCKS** |  |
|  | (Cost - $1,962,008) | **771368** |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $2,690,160,540) | **3580499080** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Large Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount†** | | **Security** | **Value** |
| **SHORT-TERM INVESTMENTS - 1.3%** | **SHORT-TERM INVESTMENTS - 1.3%** | **SHORT-TERM INVESTMENTS - 1.3%** |  |
| **TIME DEPOSITS - 1.3%** | **TIME DEPOSITS - 1.3%** | **TIME DEPOSITS - 1.3%** |  |
| 7010 |  | ANZ National Bank - London, 3.220% due 12/1/25 | $7010 |
| 2423 | <sup>CHF</sup> | BNP Paribas SA - Paris, (0.300)% due 12/1/25 | 3015 |
|  |  | Citibank - London: |  |
| 95217 | <sup>EUR</sup> | &nbsp;&nbsp;0.880% due 12/1/25 | 110418 |
| 4 | <sup>GBP</sup> | &nbsp;&nbsp;2.910% due 12/1/25 | 6 |
| 30989821 |  | Citibank - New York, 3.220% due 12/1/25 | 30989821 |
| 7111465 |  | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 7111465 |
| 1313 |  | Royal Bank of Canada - Toronto, 3.220% due 12/1/25 | 1313 |
| 4139827 |  | Skandinaviska Enskilda Banken AB - Stockholm, 3.220% due 12/1/25 | 4139827 |
| 3477208 |  | Sumitomo Mitsui Banking Corp. - Tokyo, 3.220% due 12/1/25 | 3477208 |
|  |  | **TOTAL TIME DEPOSITS** |  |
|  |  | (Cost - $45,840,083) | **45840083** |
|  |  | **TOTAL INVESTMENTS - 100.0%** |  |
|  |  | (Cost - $2,736,000,623) | **3626339163** |
|  |  | Liabilities in Excess of Other Assets - 0.0% | (808790) |
|  |  | **TOTAL NET ASSETS - 100.0%** | $**3625530373** |

---

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $47,938,102 and represents 1.32% of net assets. |
| (b) | Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs. |
| @ | Restricted security – Investment in security not registered under the Securities Act of 1933. The investment is deemed to not be liquid and may be sold only to qualified buyers.<br>|

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Security** | **First <br> Acquisition <br> Date** | **First <br> Acquisition <br> Cost** | **Market<br> Value** | **Percent of<br> Net Assets** |  |
| Magic Leap Inc., Series D, Private Placement | 10/12/2017 | $406053 | $3131 | 0.00 | %\* |
| Nuro Inc., Series C, Private Placement | 10/30/2020 | 940662 | 593972 | 0.02 | % |
| Nuro Inc., Series D | 10/29/2021 | 547033 | 177396 | 0.00 | %\* |
|  |  |  | $**774499** | **0.02** | **%** |

---

\* Position represents less than 0.005%.

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| ADR | **—** | American Depositary Receipts |
| PLC | **—** | Public Limited Company |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Large Cap Equity Fund (concluded)** |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Sector^** | |
| Technology | 27.8% |
| Financial | 15.1 |
| Communications | 13.3 |
| Consumer Non-cyclical | 12.7 |
| Industrial | 10.0 |
| Consumer Cyclical | 9.7 |
| Energy | 2.6 |
| Basic Materials | 1.4 |
| Utilities | 0.4 |
| Exchange Traded Funds (ETFs) | 5.7 |
| Short-Term Investments | 1.3 |
|  | 100.0% |

---

^ As a percentage of total investments.

At November 30, 2025, Destinations Large Cap Equity Fund had open exchange traded futures contracts as described below.

The unrealized appreciation on the open contracts was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts** | **Number of<br> Contracts** | **Expiration<br> Date (Month/Year)** | **Notional<br> Amounts** | **Market Value** | **Unrealized Appreciation** |
| **Contracts to Buy:** |  |  |  |  |  |
| S&P 500 E-mini Index December Futures | 12 | 12/25 | $4013290 | $4115700 | $102410 |

---

At November 30, 2025, Destinations Large Cap Equity Fund had deposited cash of $212,006 with a broker or brokers as margin collateral on open exchange traded futures contracts.

---

| | | |
|:---|:---|:---|
| Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: |
| CHF | **—** | Swiss Franc |
| EUR | **—** | Euro |
| GBP | **—** | British Pound |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 95.2%** | **COMMON STOCKS - 95.2%** |  |
| **BASIC MATERIALS - 4.6%** | **BASIC MATERIALS - 4.6%** |  |
| **Chemicals - 1.2%** | **Chemicals - 1.2%** |  |
| 641 | AdvanSix Inc. | $9865 |
| 647 | Albemarle Corp. | 84104 |
| 1025 | American Vanguard Corp.<sup>\*</sup> | 4776 |
| 292 | Ashland Inc. | 15447 |
| 53300 | Axalta Coating Systems Ltd.<sup>\*</sup> | 1605929 |
| 822 | Balchem Corp. | 128405 |
| 23432 | Cabot Corp. | 1466140 |
| 1677 | Calumet Inc.<sup>\*</sup> | 32366 |
| 561 | Celanese Corp., Class A Shares | 23366 |
| 851 | CF Industries Holdings Inc. | 66974 |
| 3583 | Chemours Co. | 45827 |
| 1788 | Codexis Inc.<sup>\*</sup> | 3093 |
| 3650 | Dow Inc. | 87052 |
| 2220 | DuPont de Nemours Inc. | 88289 |
| 643 | Eastman Chemical Co. | 39917 |
| 2936 | Ecovyst Inc.<sup>\*</sup> | 27011 |
| 1332 | Element Solutions Inc. | 34525 |
| 619 | FMC Corp. | 8846 |
| 469 | Hawkins Inc. | 60979 |
| 1318 | HB Fuller Co. | 76813 |
| 946 | Huntsman Corp. | 9857 |
| 19974 | Ingevity Corp.<sup>\*</sup> | 1043242 |
| 8624 | Innospec Inc. | 644730 |
| 1321 | International Flavors & Fragrances Inc. | 91783 |
| 325 | Intrepid Potash Inc.<sup>\*</sup> | 8223 |
| 477 | Koppers Holdings Inc. | 14153 |
| 907 | Kronos Worldwide Inc. | 4598 |
| 1317 | LyondellBasell Industries NV, Class A Shares | 64520 |
| 1369 | Mativ Holdings Inc. | 17099 |
| 768 | Minerals Technologies Inc. | 45043 |
| 1614 | Mosaic Co. | 39527 |
| 29 | NewMarket Corp. | 22142 |
| 225 | Oil-Dri Corp. of America | 12247 |
| 691 | Olin Corp. | 14580 |
| 1426 | Orion SA | 7244 |
| 30418 | Perimeter Solutions Inc.<sup>\*</sup> | 848054 |
| 1215 | PPG Industries Inc. | 121549 |
| 1110 | Qnity Electronics Inc. | 90010 |
| 369 | Quaker Chemical Corp. | 50867 |
| 1554 | Rayonier Advanced Materials Inc.<sup>\*</sup> | 10148 |
| 16279 | Rogers Corp.<sup>\*</sup> | 1364343 |
| 653 | RPM International Inc. | 70034 |
| 1051 | Sensient Technologies Corp. | 102462 |
| 559 | Stepan Co. | 25339 |
| 1243 | Trinseo PLC | 1211 |
| 3099 | Tronox Holdings PLC | 12830 |
| 103 | Valhi Inc. | 1306 |
| 197 | Westlake Corp. | 13162 |
|  | Total Chemicals | 8660027 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **BASIC MATERIALS - (continued)** | **BASIC MATERIALS - (continued)** |  |
| **Forest Products & Paper - 0.0%** | **Forest Products & Paper - 0.0%** |  |
| 2794 | International Paper Co. | $110307 |
| 1008 | Magnera Corp.<sup>\*</sup> | 14273 |
| 817 | Sylvamo Corp. | 38702 |
|  | Total Forest Products & Paper | 163282 |
| **Iron/Steel - 0.8%** | **Iron/Steel - 0.8%** |  |
| 16064 | Carpenter Technology Corp. | 5117026 |
| 3024 | Cleveland-Cliffs Inc.<sup>\*</sup> | 39433 |
| 2831 | Commercial Metals Co. | 180561 |
| 240 | Friedman Industries Inc. | 4870 |
| 1218 | Nucor Corp. | 194259 |
| 272 | Reliance Inc. | 75975 |
| 757 | Steel Dynamics Inc. | 127047 |
|  | Total Iron/Steel | 5739171 |
| **Mining - 2.6%** | **Mining - 2.6%** |  |
| 1308 | Alcoa Corp. | 54596 |
| 65712 | Almonty Industries Inc.<sup>\*</sup> | 450784 |
| 2694 | American Battery Technology Co.<sup>\*</sup> | 10076 |
| 2687 | Anglogold Ashanti PLC | 230222 |
| 361 | Caledonia Mining Corp. PLC | 11122 |
| 54144 | Cameco Corp.<sup>\*</sup> | 4792285 |
| 4249 | Centrus Energy Corp., Class A Shares<sup>\*</sup> | 1101766 |
| 1348 | Century Aluminum Co.<sup>\*</sup> | 40400 |
| 80923 | Coeur Mining Inc.<sup>\*</sup> | 1397540 |
| 1024 | Compass Minerals International Inc.<sup>\*</sup> | 19446 |
| 3390 | Constellium SE, Class A Shares<sup>\*</sup> | 56986 |
| 353 | Contango ORE Inc.<sup>\*</sup> | 8550 |
| 784 | Critical Metals Corp.<sup>\*</sup> | 6452 |
| 2447 | Dakota Gold Corp.<sup>\*</sup> | 11427 |
| 4551 | Encore Energy Corp.<sup>\*</sup> | 12424 |
| 45859 | Energy Fuels Inc.<sup>\*</sup> | 660370 |
| 3607 | Ferroglobe PLC | 15979 |
| 14595 | Hecla Mining Co. | 245488 |
| 143623 | IAMGOLD Corp.<sup>\*</sup> | 2231901 |
| 442 | Idaho Strategic Resources Inc.<sup>\*</sup> | 17543 |
| 67192 | Ivanhoe Electric Inc.<sup>\*</sup> | 961517 |
| 413 | Kaiser Aluminum Corp. | 39669 |
| 1514 | Lifezone Metals Ltd.<sup>\*</sup> | 5920 |
| 14011 | MP Materials Corp.<sup>\*</sup> | 867981 |
| 250210 | NexGen Energy Ltd.<sup>\*</sup> | 2241882 |
| 1805 | NioCorp Developments Ltd.<sup>\*</sup> | 11299 |
| 7369 | Novagold Resources Inc.<sup>\*</sup> | 75090 |
| 31413 | Perpetua Resources Corp.<sup>\*</sup> | 808571 |
| 442 | Royal Gold Inc. | 90097 |
| 5121 | SSR Mining Inc.<sup>\*</sup> | 119217 |
| 43023 | United States Antimony Corp.<sup>\*</sup> | 262870 |
| 272 | United States Lime & Minerals Inc. | 33067 |
| 93573 | Uranium Energy Corp.<sup>\*</sup> | 1148141 |
| 372 | US Gold Corp.<sup>\*</sup> | 6421 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **BASIC MATERIALS - (continued)** | **BASIC MATERIALS - (continued)** |  |
| **Mining - (continued)** | **Mining - (continued)** |  |
| 1378 | Vox Royalty Corp. | $6601 |
|  | Total Mining | 18053700 |
|  | **TOTAL BASIC MATERIALS** | **32616180** |
| **COMMUNICATIONS - 4.3%** | **COMMUNICATIONS - 4.3%** |  |
| **Advertising - 0.0%** | **Advertising - 0.0%** |  |
| 3342 | Advantage Solutions Inc.<sup>\*</sup> | 3174 |
| 554 | Boston Omaha Corp., Class A Shares<sup>\*</sup> | 6886 |
| 1720 | National CineMedia Inc. | 7413 |
| 1156 | Nexxen International Ltd., ADR<sup>\*</sup> | 7479 |
| 1705 | Omnicom Group Inc. | 122112 |
| 2762 | Stagwell Inc., Class A Shares<sup>\*</sup> | 14804 |
| 650 | TechTarget Inc.<sup>\*</sup> | 3400 |
| 2364 | Trade Desk Inc., Class A Shares<sup>\*</sup> | 93520 |
|  | Total Advertising | 258788 |
| **Internet - 1.4%** | **Internet - 1.4%** |  |
| 1097 | 1-800-Flowers.com Inc., Class A Shares<sup>\*</sup> | 3741 |
| 989 | Angi Inc., Class A Shares<sup>\*</sup> | 11294 |
| 346 | AudioEye Inc.<sup>\*</sup> | 4277 |
| 1452 | Backblaze Inc., Class A Shares<sup>\*</sup> | 6882 |
| 2614 | BARK Inc.<sup>\*</sup> | 1869 |
| 1568 | Bed Bath & Beyond Inc.<sup>\*</sup> | 9439 |
| 1595 | Bumble Inc., Class A Shares<sup>\*</sup> | 5662 |
| 1976 | Cargurus Inc., Class A Shares<sup>\*</sup> | 69713 |
| 1694 | Cars.com Inc.<sup>\*</sup> | 19650 |
| 706 | CDW Corp. | 101819 |
| 1062 | Chewy Inc., Class A Shares<sup>\*</sup> | 36926 |
| 1175 | Cogent Communications Holdings Inc. | 22419 |
| 6560 | Coupang Inc., Class A Shares<sup>\*</sup> | 184730 |
| 355 | Crexendo Inc.<sup>\*</sup> | 2478 |
| 2441 | eBay Inc. | 202090 |
| 1100 | Entravision Communications Corp., Class A Shares | 3058 |
| 697 | ePlus Inc. | 62451 |
| 515 | Etsy Inc.<sup>\*</sup> | 27923 |
| 2928 | Eventbrite Inc., Class A Shares<sup>\*</sup> | 7291 |
| 609 | EverQuote Inc., Class A Shares<sup>\*</sup> | 16071 |
| 647 | Expedia Group Inc. | 165431 |
| 297 | F5 Inc.<sup>\*</sup> | 71030 |
| 47402 | Figs Inc., Class A Shares<sup>\*</sup> | 464066 |
| 7826 | fuboTV Inc., Class A Shares<sup>\*</sup> | 23791 |
| 625 | Gambling.com Group Ltd.<sup>\*</sup> | 3544 |
| 2827 | Gen Digital Inc. | 74548 |
| 2372 | Getty Images Holdings Inc.<sup>\*(a)</sup> | 3653 |
| 711 | GoDaddy Inc., Class A Shares<sup>\*</sup> | 90908 |
| 961 | Grindr Inc.<sup>\*</sup> | 12330 |
| 696 | Groupon Inc., Class A Shares<sup>\*</sup> | 11769 |
| 611 | HealthStream Inc. | 15367 |
| 4712 | Hims & Hers Health Inc.<sup>\*</sup> | 187349 |
| 430 | IAC Inc.<sup>\*</sup> | 15080 |
| 362 | Lands' End Inc.<sup>\*</sup> | 5716 |
| 841 | LifeMD Inc.<sup>\*</sup> | 3221 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **COMMUNICATIONS - (continued)** | **COMMUNICATIONS - (continued)** |  |
| **Internet - (continued)** | **Internet - (continued)** |  |
| 515 | Liquidity Services Inc.<sup>\*</sup> | $15471 |
| 2123 | Lyft Inc., Class A Shares<sup>\*</sup> | 44647 |
| 3372 | Magnite Inc.<sup>\*</sup> | 49535 |
| 922 | Maplebear Inc.<sup>\*</sup> | 38733 |
| 1238 | Match Group Inc. | 41238 |
| 725 | MediaAlpha Inc., Class A Shares<sup>\*</sup> | 9251 |
| 1111 | Nerdy Inc.<sup>\*</sup> | 1489 |
| 272 | Newsmax Inc., Class B Shares<sup>\*</sup> | 2258 |
| 5858 | Nextdoor Holdings Inc.<sup>\*</sup> | 10251 |
| 2424 | Open Lending Corp.<sup>\*</sup> | 4630 |
| 581 | OptimizeRx Corp.<sup>\*</sup> | 8872 |
| 3050 | Pinterest Inc., Class A Shares<sup>\*</sup> | 79666 |
| 1563 | Q2 Holdings Inc.<sup>\*</sup> | 112739 |
| 1358 | QuinStreet Inc.<sup>\*</sup> | 18958 |
| 95153 | RealReal Inc.<sup>\*</sup> | 1377815 |
| 623 | Reddit Inc., Class A Shares<sup>\*</sup> | 134861 |
| 1036 | Revolve Group Inc., Class A Shares<sup>\*</sup> | 25040 |
| 25773 | Robinhood Markets Inc., Class A Shares<sup>\*</sup> | 3311573 |
| 658 | Roku Inc., Class A Shares<sup>\*</sup> | 63688 |
| 2282 | Rumble Inc.<sup>\*(a)</sup> | 15449 |
| 1396 | Serve Robotics Inc.<sup>\*(a)</sup> | 14323 |
| 632 | Shutterstock Inc. | 13158 |
| 2548 | Sprinklr Inc., Class A Shares<sup>\*</sup> | 18422 |
| 2392 | Stitch Fix Inc., Class A Shares<sup>\*</sup> | 10166 |
| 2755 | TripAdvisor Inc.<sup>\*</sup> | 40967 |
| 3536 | TrueCar Inc.<sup>\*</sup> | 7532 |
| 864 | Trump Media & Technology Group Corp.<sup>\*</sup> | 9971 |
| 182 | Tucows Inc., Class A Shares<sup>\*</sup> | 3944 |
| 2992 | Upwork Inc.<sup>\*</sup> | 59062 |
| 445 | VeriSign Inc. | 112136 |
| 124 | Vivid Seats Inc., Class A Shares<sup>\*</sup> | 956 |
| 15959 | Wayfair Inc., Class A Shares<sup>\*</sup> | 1768257 |
| 1476 | Yelp Inc., Class A Shares<sup>\*</sup> | 42671 |
| 1001 | Ziff Davis Inc.<sup>\*</sup> | 32853 |
| 288 | Zillow Group Inc., Class A Shares<sup>\*</sup> | 20837 |
| 832 | Zillow Group Inc., Class C Shares<sup>\*</sup> | 61884 |
| 1692 | ZipRecruiter Inc., Class A Shares<sup>\*</sup> | 8037 |
|  | Total Internet | 9538926 |
| **Media - 0.2%** | **Media - 0.2%** |  |
| 1186 | AMC Networks Inc., Class A Shares<sup>\*</sup> | 10579 |
| 149 | Cable One Inc. | 17461 |
| 482 | Charter Communications Inc., Class A Shares<sup>\*</sup> | 96458 |
| 1107 | CuriosityStream Inc. | 5325 |
| 1114 | EW Scripps Co., Class A Shares<sup>\*</sup> | 4712 |
| 196 | FactSet Research Systems Inc. | 54345 |
| 1104 | Fox Corp., Class A Shares | 72312 |
| 790 | Fox Corp., Class B Shares | 46026 |
| 2846 | Gray Media Inc. | 14002 |
| 1923 | iHeartMedia Inc., Class A Shares<sup>\*</sup> | 7557 |
| 83 | Liberty Broadband Corp., Class A Shares<sup>\*</sup> | 3844 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **COMMUNICATIONS - (continued)** | **COMMUNICATIONS - (continued)** |  |
| **Media - (continued)** | **Media - (continued)** |  |
| 572 | Liberty Broadband Corp., Class C Shares<sup>\*</sup> | $26478 |
| 954 | Liberty Global Ltd., Class A Shares<sup>\*</sup> | 10885 |
| 921 | Liberty Global Ltd., Class C Shares<sup>\*</sup> | 10573 |
| 626 | Liberty Latin America Ltd., Class A Shares<sup>\*</sup> | 5434 |
| 3363 | Liberty Latin America Ltd., Class C Shares<sup>\*</sup> | 29426 |
| 126 | Liberty Media Corp. Liberty Formula One, Class A Shares<sup>\*</sup> | 11073 |
| 1149 | Liberty Media Corp. Liberty Formula One, Class C Shares<sup>\*</sup> | 110281 |
| 816 | New York Times Co., Class A Shares | 52632 |
| 1935 | News Corp., Class A Shares | 49691 |
| 654 | News Corp., Class B Shares | 19247 |
| 140 | Nexstar Media Group Inc., Class A Shares | 26900 |
| 7696 | Optimum Communications Inc., Class A Shares<sup>\*</sup> | 14623 |
| 544 | Scholastic Corp. | 16070 |
| 1034 | Sinclair Inc. | 16296 |
| 938 | Sirius XM Holdings Inc. | 19942 |
| 685 | Sphere Entertainment Co.<sup>\*</sup> | 57944 |
| 3860 | TEGNA Inc. | 75347 |
| 1126 | Thryv Holdings Inc.<sup>\*</sup> | 6339 |
| 3430 | USA TODAY Co., Inc.<sup>\*</sup> | 17184 |
| 12524 | Warner Bros Discovery Inc.<sup>\*</sup> | 300576 |
| 1024 | WideOpenWest Inc.<sup>\*</sup> | 5304 |
|  | Total Media | 1214866 |
| **Telecommunications - 2.7%** | **Telecommunications - 2.7%** |  |
| 1822 | A10 Networks Inc. | 31375 |
| 2127 | ADTRAN Holdings Inc.<sup>\*</sup> | 16867 |
| 233 | Anterix Inc.<sup>\*</sup> | 4791 |
| 15154 | Applied Digital Corp.<sup>\*</sup> | 410673 |
| 16050 | AST SpaceMobile Inc., Class A Shares<sup>\*</sup> | 902010 |
| 418 | ATN International Inc. | 8816 |
| 435 | Aviat Networks Inc.<sup>\*</sup> | 9618 |
| 92 | BK Technologies Corp.<sup>\*</sup> | 5887 |
| 805 | BlackSky Technology Inc., Class A Shares<sup>\*</sup> | 14265 |
| 1418 | Calix Inc.<sup>\*</sup> | 78373 |
| 759 | Ciena Corp.<sup>\*</sup> | 154995 |
| 287 | Clearfield Inc.<sup>\*</sup> | 8426 |
| 38828 | CommScope Holding Co., Inc.<sup>\*</sup> | 766465 |
| 33204 | Corning Inc. | 2795777 |
| 3603 | Credo Technology Group Holding Ltd.<sup>\*</sup> | 639893 |
| 4071 | DigitalBridge Group Inc. | 39529 |
| 3299 | EchoStar Corp., Class A Shares<sup>\*</sup> | 241784 |
| 3334 | Extreme Networks Inc.<sup>\*</sup> | 58345 |
| 222 | Frequency Electronics Inc.<sup>\*</sup> | 6358 |
| 1355 | Frontier Communications Parent Inc.<sup>\*</sup> | 51382 |
| 16 | GCI Liberty Inc., Class A Shares<sup>\*</sup> | 533 |
| 114 | GCI Liberty Inc., Class C Shares<sup>\*</sup> | 3798 |
| 1313 | Globalstar Inc.<sup>\*</sup> | 79765 |
| 1939 | Gogo Inc.<sup>\*</sup> | 13864 |
| 186890 | Harmonic Inc.<sup>\*</sup> | 1786668 |
| 387 | IDT Corp., Class B Shares | 19261 |
| 453 | Inseego Corp.<sup>\*</sup> | 4951 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **COMMUNICATIONS - (continued)** | **COMMUNICATIONS - (continued)** |  |
| **Telecommunications - (continued)** | **Telecommunications - (continued)** |  |
| 7235 | InterDigital Inc. | $2588321 |
| 454 | Iridium Communications Inc. | 7446 |
| 23929 | Lumen Technologies Inc.<sup>\*</sup> | 194064 |
| 629 | Millicom International Cellular SA | 33381 |
| 6800 | Motorola Solutions Inc. | 2513824 |
| 700 | NETGEAR Inc.<sup>\*</sup> | 18515 |
| 398000 | Nokia OYJ, ADR | 2419840 |
| 563 | Ooma Inc.<sup>\*</sup> | 6328 |
| 2552 | Powerfleet Inc. NJ<sup>\*</sup> | 12683 |
| 54 | Preformed Line Products Co. | 11084 |
| 2118 | Ribbon Communications Inc.<sup>\*</sup> | 6057 |
| 2250 | Satellogic Inc., Class A Shares<sup>\*</sup> | 3713 |
| 1155 | Shenandoah Telecommunications Co. | 12624 |
| 397 | Spok Holdings Inc. | 5272 |
| 2366 | Telephone & Data Systems Inc. | 95279 |
| 24 | Ubiquiti Inc. | 13994 |
| 2853 | Viasat Inc.<sup>\*</sup> | 97944 |
| 165881 | Viavi Solutions Inc.<sup>\*</sup> | 2975905 |
|  | Total Telecommunications | 19170743 |
|  | **TOTAL COMMUNICATIONS** | **30183323** |
| **CONSUMER CYCLICAL - 10.2%** | **CONSUMER CYCLICAL - 10.2%** |  |
| **Airlines - 0.5%** | **Airlines - 0.5%** |  |
| 614 | Alaska Air Group Inc.<sup>\*</sup> | 26316 |
| 398 | Allegiant Travel Co.<sup>\*</sup> | 30248 |
| 3296 | American Airlines Group Inc.<sup>\*</sup> | 46309 |
| 42853 | Delta Air Lines Inc. | 2746877 |
| 2391 | Frontier Group Holdings Inc.<sup>\*</sup> | 10903 |
| 8209 | JetBlue Airways Corp.<sup>\*</sup> | 37515 |
| 1014 | SkyWest Inc.<sup>\*</sup> | 102941 |
| 2632 | Southwest Airlines Co. | 91620 |
| 1498 | Sun Country Airlines Holdings Inc.<sup>\*</sup> | 20523 |
| 1727 | United Airlines Holdings Inc.<sup>\*</sup> | 176085 |
|  | Total Airlines | 3289337 |
| **Apparel - 0.7%** | **Apparel - 0.7%** |  |
| 298 | Birkenstock Holding PLC<sup>\*</sup> | 12912 |
| 2777 | Capri Holdings Ltd.<sup>\*</sup> | 70452 |
| 831 | Carter's Inc. | 26517 |
| 188 | Columbia Sportswear Co. | 10097 |
| 272 | Crocs Inc.<sup>\*</sup> | 23115 |
| 777 | Deckers Outdoor Corp.<sup>\*</sup> | 68399 |
| 1820 | Ermenegildo Zegna NV | 19419 |
| 1369 | Kontoor Brands Inc. | 101785 |
| 317 | Lakeland Industries Inc. | 4812 |
| 1126 | On Holding AG, Class A Shares<sup>\*</sup> | 49533 |
| 382 | Oxford Industries Inc. | 14577 |
| 256 | PVH Corp. | 21699 |
| 200 | Ralph Lauren Corp., Class A Shares | 73466 |
| 153 | Rocky Brands Inc. | 4647 |
| 29612 | Steven Madden Ltd. | 1237189 |
| 552 | Superior Group of Cos., Inc. | 5365 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Apparel - (continued)** | **Apparel - (continued)** |  |
| 12535 | Tapestry Inc. | $1369825 |
| 683 | Torrid Holdings Inc.<sup>\*</sup> | 888 |
| 950 | Under Armour Inc., Class A Shares<sup>\*</sup> | 4389 |
| 948 | Under Armour Inc., Class C Shares<sup>\*</sup> | 4200 |
| 103395 | VF Corp. | 1809413 |
| 202 | Weyco Group Inc. | 6052 |
| 1960 | Wolverine World Wide Inc. | 31772 |
|  | Total Apparel | 4970523 |
| **Auto Manufacturers - 0.2%** | **Auto Manufacturers - 0.2%** |  |
| 8190 | Blue Bird Corp.<sup>\*</sup> | 427682 |
| 742 | Cummins Inc. | 369501 |
| 2865 | Faraday Future Intelligent Electric Inc.<sup>\*(a)</sup> | 3295 |
| 21049 | Ford Motor Co. | 279531 |
| 5001 | Hyliion Holdings Corp.<sup>\*</sup> | 9402 |
| 654 | Lucid Group Inc., Class A Shares<sup>\*(a)</sup> | 8914 |
| 1180 | REV Group Inc. | 62858 |
| 3954 | Rivian Automotive Inc., Class A Shares<sup>\*</sup> | 66664 |
| 1100 | Wabash National Corp. | 9284 |
|  | Total Auto Manufacturers | 1237131 |
| **Auto Parts & Equipment - 0.7%** | **Auto Parts & Equipment - 0.7%** |  |
| 1999 | Adient PLC<sup>\*</sup> | 38901 |
| 873 | Aeva Technologies Inc.<sup>\*</sup> | 9734 |
| 431 | Allison Transmission Holdings Inc. | 38213 |
| 2783 | American Axle & Manufacturing Holdings Inc.<sup>\*</sup> | 18284 |
| 1178 | Aptiv PLC<sup>\*</sup> | 91354 |
| 5928 | Aurora Innovation Inc., Class A Shares<sup>\*</sup> | 24838 |
| 1205 | BorgWarner Inc. | 51887 |
| 14031 | Cooper-Standard Holdings Inc.<sup>\*</sup> | 438469 |
| 3376 | Dana Inc. | 75656 |
| 13731 | Dorman Products Inc.<sup>\*</sup> | 1816199 |
| 544 | Douglas Dynamics Inc. | 17577 |
| 1105 | Fox Factory Holding Corp.<sup>\*</sup> | 16343 |
| 3281 | Garrett Motion Inc. | 54235 |
| 50045 | Gentex Corp. | 1142527 |
| 817 | Gentherm Inc.<sup>\*</sup> | 29142 |
| 6271 | Goodyear Tire & Rubber Co.<sup>\*</sup> | 54307 |
| 958 | Holley Inc.<sup>\*</sup> | 4081 |
| 5337 | indie Semiconductor Inc., Class A Shares<sup>\*</sup> | 19000 |
| 266 | Lear Corp. | 28558 |
| 664 | Luminar Technologies Inc., Class A Shares<sup>\*(a)</sup> | 602 |
| 1230 | Methode Electronics Inc. | 9323 |
| 5712 | Microvast Holdings Inc.<sup>\*</sup> | 20106 |
| 270 | Miller Industries Inc. | 10460 |
| 323 | Motorcar Parts of America Inc.<sup>\*</sup> | 4257 |
| 937 | Phinia Inc. | 50682 |
| 2174 | QuantumScape Corp., Class A Shares<sup>\*</sup> | 26566 |
| 2971 | Solid Power Inc.<sup>\*</sup> | 15449 |
| 522 | Standard Motor Products Inc. | 19596 |
| 128 | Strattec Security Corp.<sup>\*</sup> | 9600 |
| 1165 | Titan International Inc.<sup>\*</sup> | 9425 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Auto Parts & Equipment - (continued)** | **Auto Parts & Equipment - (continued)** |  |
| 8674 | Visteon Corp. | $895591 |
| 633 | XPEL Inc.<sup>\*</sup> | 29422 |
|  | Total Auto Parts & Equipment | 5070384 |
| **Distribution/Wholesale - 0.5%** | **Distribution/Wholesale - 0.5%** |  |
| 555 | A-Mark Precious Metals Inc. | 15934 |
| 971 | Core & Main Inc., Class A Shares<sup>\*</sup> | 46938 |
| 117 | EVI Industries Inc. | 2392 |
| 6195 | Fastenal Co. | 250278 |
| 1048 | G-III Apparel Group Ltd.<sup>\*</sup> | 30549 |
| 349 | Global Industrial Co. | 9995 |
| 799 | Hudson Technologies Inc.<sup>\*</sup> | 5433 |
| 1451 | LKQ Corp. | 43080 |
| 20742 | OPENLANE Inc.<sup>\*</sup> | 527677 |
| 183 | Pool Corp. | 44579 |
| 995 | RB Global Inc. | 97709 |
| 3356 | Resideo Technologies Inc.<sup>\*</sup> | 110714 |
| 1508 | Rush Enterprises Inc., Class A Shares | 78507 |
| 207 | Rush Enterprises Inc., Class B Shares | 11048 |
| 503 | ScanSource Inc.<sup>\*</sup> | 20683 |
| 221 | SiteOne Landscape Supply Inc.<sup>\*</sup> | 29676 |
| 76895 | ThredUp Inc., Class A Shares<sup>\*</sup> | 578250 |
| 475 | Titan Machinery Inc.<sup>\*</sup> | 8797 |
| 6195 | VSE Corp. | 1116277 |
| 179 | Watsco Inc. | 62006 |
| 244 | WESCO International Inc. | 65248 |
| 241 | WW Grainger Inc. | 228620 |
|  | Total Distribution/Wholesale | 3384390 |
| **Entertainment - 0.7%** | **Entertainment - 0.7%** |  |
| 1269 | Accel Entertainment Inc., Class A Shares<sup>\*</sup> | 12995 |
| 11090 | AMC Entertainment Holdings Inc., Class A Shares<sup>\*</sup> | 27171 |
| 238 | Atlanta Braves Holdings Inc., Class A Shares<sup>\*</sup> | 10370 |
| 1102 | Atlanta Braves Holdings Inc., Class C Shares<sup>\*</sup> | 43860 |
| 2659 | Brightstar Lottery PLC | 41587 |
| 1035 | Caesars Entertainment Inc.<sup>\*</sup> | 24084 |
| 327 | Churchill Downs Inc. | 35672 |
| 2565 | Cinemark Holdings Inc. | 70230 |
| 2571 | DraftKings Inc., Class A Shares<sup>\*</sup> | 85254 |
| 945 | Flutter Entertainment PLC<sup>\*</sup> | 197325 |
| 533 | Golden Entertainment Inc. | 16001 |
| 28680 | IMAX Corp.<sup>\*</sup> | 1064028 |
| 394 | Inspired Entertainment Inc.<sup>\*</sup> | 3239 |
| 107 | Liberty Media Corp. Liberty Live, Class A Shares<sup>\*</sup> | 8230 |
| 263 | Liberty Media Corp. Liberty Live, Class C Shares<sup>\*</sup> | 20832 |
| 4471 | Lionsgate Studios Corp.<sup>\*</sup> | 33354 |
| 845 | Live Nation Entertainment Inc.<sup>\*</sup> | 111075 |
| 1025 | Madison Square Garden Entertainment Corp., Class A Shares<sup>\*</sup> | 50707 |
| 78 | Madison Square Garden Sports Corp.<sup>\*</sup> | 17786 |
| 678 | Marriott Vacations Worldwide Corp. | 37019 |
| 329 | Monarch Casino & Resort Inc. | 31775 |
| 859 | Penn Entertainment Inc.<sup>\*</sup> | 12748 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Entertainment - (continued)** | **Entertainment - (continued)** |  |
| 515 | Pursuit Attractions & Hospitality Inc.<sup>\*</sup> | $17680 |
| 291 | RCI Hospitality Holdings Inc. | 7089 |
| 1171 | Red Rock Resorts Inc., Class A Shares | 68585 |
| 492 | Reservoir Media Inc.<sup>\*</sup> | 3749 |
| 69073 | Rush Street Interactive Inc.<sup>\*</sup> | 1273706 |
| 2308 | Six Flags Entertainment Corp.<sup>\*</sup> | 35035 |
| 317 | Starz Entertainment Corp.<sup>\*</sup> | 3477 |
| 4047 | Super Group SGHC Ltd. | 43829 |
| 9524 | TKO Group Holdings Inc., Class A Shares | 1846608 |
| 638 | United Parks & Resorts Inc.<sup>\*</sup> | 23025 |
| 179 | Vail Resorts Inc. | 25098 |
| 436 | Webtoon Entertainment Inc.<sup>\*</sup> | 6065 |
|  | Total Entertainment | 5309288 |
| **Food Service - 0.0%** | **Food Service - 0.0%** |  |
| 1349 | Aramark | 50142 |
| **Home Builders - 0.9%** | **Home Builders - 0.9%** |  |
| 756 | Beazer Homes USA Inc.<sup>\*</sup> | 17290 |
| 190 | Cavco Industries Inc.<sup>\*</sup> | 113173 |
| 635 | Century Communities Inc. | 41459 |
| 1394 | Champion Homes Inc.<sup>\*</sup> | 119661 |
| 1454 | DR Horton Inc. | 231200 |
| 683 | Dream Finders Homes Inc., Class A Shares<sup>\*</sup> | 13503 |
| 440 | Forestar Group Inc.<sup>\*</sup> | 11229 |
| 822 | Green Brick Partners Inc.<sup>\*</sup> | 55797 |
| 127 | Hovnanian Enterprises Inc., Class A Shares<sup>\*</sup> | 16711 |
| 10164 | Installed Building Products Inc. | 2724155 |
| 1615 | KB Home | 103893 |
| 4274 | LCI Industries | 485826 |
| 1192 | Lennar Corp., Class A Shares | 156510 |
| 38 | Lennar Corp., Class B Shares | 4696 |
| 551 | LGI Homes Inc.<sup>\*</sup> | 28663 |
| 635 | M/I Homes Inc.<sup>\*</sup> | 87370 |
| 1779 | Meritage Homes Corp. | 130009 |
| 15 | NVR Inc.<sup>\*</sup> | 112609 |
| 1067 | PulteGroup Inc. | 135712 |
| 2362 | Taylor Morrison Home Corp., Class A Shares<sup>\*</sup> | 148074 |
| 12719 | Thor Industries Inc. | 1343381 |
| 506 | Toll Brothers Inc. | 70754 |
| 2150 | Tri Pointe Homes Inc.<sup>\*</sup> | 73358 |
| 741 | Winnebago Industries Inc. | 26817 |
|  | Total Home Builders | 6251850 |
| **Home Furnishings - 0.7%** | **Home Furnishings - 0.7%** |  |
| 50124 | Alliance Laundry Holdings Inc.<sup>\*</sup> | 1191447 |
| 1228 | Arhaus Inc., Class A Shares<sup>\*</sup> | 12697 |
| 939 | Daktronics Inc.<sup>\*</sup> | 17775 |
| 342 | Dolby Laboratories Inc., Class A Shares | 23068 |
| 554 | Ethan Allen Interiors Inc. | 13097 |
| 93 | Flexsteel Industries Inc. | 3676 |
| 224 | Hamilton Beach Brands Holding Co., Class A Shares | 3573 |
| 3131 | Leggett & Platt Inc. | 32124 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Home Furnishings - (continued)** | **Home Furnishings - (continued)** |  |
| 309 | Lovesac Co.<sup>\*</sup> | $4434 |
| 1825 | MillerKnoll Inc. | 28890 |
| 446 | SharkNinja Inc.<sup>\*</sup> | 43516 |
| 471 | Sleep Number Corp.<sup>\*</sup> | 2402 |
| 39507 | Somnigroup International Inc. | 3615681 |
| 2861 | Sonos Inc.<sup>\*</sup> | 53100 |
| 2027 | Traeger Inc.<sup>\*</sup> | 1847 |
| 313 | Whirlpool Corp. | 24211 |
| 1443 | Xperi Inc.<sup>\*</sup> | 8355 |
|  | Total Home Furnishings | 5079893 |
| **Housewares - 0.0%** | **Housewares - 0.0%** |  |
| 216 | Central Garden & Pet Co.<sup>\*</sup> | 7379 |
| 1364 | Central Garden & Pet Co., Class A Shares<sup>\*</sup> | 42202 |
| 2321 | Newell Brands Inc. | 8472 |
| 246 | Scotts Miracle-Gro Co. | 13928 |
|  | Total Housewares | 71981 |
| **Leisure Time - 0.7%** | **Leisure Time - 0.7%** |  |
| 672 | Acushnet Holdings Corp. | 56515 |
| 746 | Amer Sports Inc.<sup>\*</sup> | 27699 |
| 423 | American Outdoor Brands Inc.<sup>\*</sup> | 3033 |
| 400 | Brunswick Corp. | 26444 |
| 5733 | Carnival Corp.<sup>\*</sup> | 147797 |
| 535 | Clarus Corp. | 1915 |
| 175 | Escalade Inc. | 2320 |
| 2112 | Global Business Travel Group I<sup>\*</sup> | 16283 |
| 704 | Harley-Davidson Inc. | 17241 |
| 98 | Johnson Outdoors Inc., Class A Shares | 4017 |
| 33039 | Life Time Group Holdings Inc.<sup>\*</sup> | 922449 |
| 18240 | Lindblad Expeditions Holdings Inc.<sup>\*</sup> | 219427 |
| 1183 | Livewire Group Inc.<sup>\*</sup> | 5040 |
| 517 | Malibu Boats Inc., Class A Shares<sup>\*</sup> | 14678 |
| 442 | Marine Products Corp. | 3744 |
| 354 | MasterCraft Boat Holdings Inc.<sup>\*</sup> | 6542 |
| 2437 | Norwegian Cruise Line Holdings Ltd.<sup>\*</sup> | 44987 |
| 2259 | OneSpaWorld Holdings Ltd. | 46129 |
| 782 | Patrick Industries Inc. | 84628 |
| 9545 | Peloton Interactive Inc., Class A Shares<sup>\*</sup> | 64810 |
| 7859 | Planet Fitness Inc., Class A Shares<sup>\*</sup> | 879972 |
| 1276 | Polaris Inc. | 84675 |
| 1365 | Royal Caribbean Cruises Ltd. | 363431 |
| 9739 | Sabre Corp.<sup>\*</sup> | 15680 |
| 3694 | Topgolf Callaway Brands Corp.<sup>\*</sup> | 47579 |
| 13105 | Viking Holdings Ltd.<sup>\*</sup> | 875152 |
| 554 | Xponential Fitness Inc., Class A Shares<sup>\*</sup> | 3679 |
| 17840 | YETI Holdings Inc.<sup>\*</sup> | 740003 |
|  | Total Leisure Time | 4725869 |
| **Lodging - 0.4%** | **Lodging - 0.4%** |  |
| 288 | Boyd Gaming Corp. | 23991 |
| 157 | Choice Hotels International Inc. | 14328 |
| 1469 | Hilton Grand Vacations Inc.<sup>\*</sup> | 62917 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Lodging - (continued)** | **Lodging - (continued)** |  |
| 1254 | Hilton Worldwide Holdings Inc. | $357428 |
| 201 | Hyatt Hotels Corp., Class A Shares | 33042 |
| 32346 | Las Vegas Sands Corp. | 2204703 |
| 630 | Marcus Corp. | 9891 |
| 1036 | MGM Resorts International<sup>\*</sup> | 36561 |
| 385 | Travel + Leisure Co. | 26403 |
| 381 | Wyndham Hotels & Resorts Inc. | 27889 |
| 424 | Wynn Resorts Ltd. | 54560 |
|  | Total Lodging | 2851713 |
| **Office Furnishings - 0.0%** | **Office Furnishings - 0.0%** |  |
| 1110 | HNI Corp. | 46087 |
| 1472 | Interface Inc., Class A Shares | 41084 |
| 2039 | Steelcase Inc., Class A Shares | 33215 |
| 491 | Virco Mfg. Corp. | 3457 |
|  | Total Office Furnishings | 123843 |
| **Retail - 4.2%** | **Retail - 4.2%** |  |
| 1185 | Abercrombie & Fitch Co., Class A Shares<sup>\*</sup> | 115976 |
| 1596 | Academy Sports & Outdoors Inc. | 77007 |
| 1443 | Advance Auto Parts Inc. | 74863 |
| 4109 | American Eagle Outfitters Inc. | 83824 |
| 226 | America's Car-Mart Inc.<sup>\*</sup> | 4893 |
| 1938 | Arko Corp. | 9225 |
| 476 | Asbury Automotive Group Inc.<sup>\*</sup> | 110703 |
| 148 | AutoNation Inc.<sup>\*</sup> | 31271 |
| 519 | Barnes & Noble Education Inc.<sup>\*</sup> | 4853 |
| 280 | Bassett Furniture Industries Inc. | 4348 |
| 1073 | Bath & Body Works Inc. | 18681 |
| 22292 | Best Buy Co., Inc. | 1767310 |
| 18 | Biglari Holdings Inc., Class B Shares<sup>\*</sup> | 5290 |
| 609 | BJ's Restaurants Inc.<sup>\*</sup> | 23355 |
| 671 | BJ's Wholesale Club Holdings Inc.<sup>\*</sup> | 59873 |
| 10372 | Black Rock Coffee Bar Inc., Class A Shares<sup>\*</sup> | 235963 |
| 2052 | Bloomin' Brands Inc. | 14569 |
| 212 | BlueLinx Holdings Inc.<sup>\*</sup> | 13227 |
| 10130 | Boot Barn Holdings Inc.<sup>\*</sup> | 1963397 |
| 1099 | Brinker International Inc.<sup>\*</sup> | 169015 |
| 803 | Buckle Inc. | 45353 |
| 337 | Build-A-Bear Workshop Inc. | 17895 |
| 345 | Burlington Stores Inc.<sup>\*</sup> | 87019 |
| 878 | Caleres Inc. | 10281 |
| 1520 | Camping World Holdings Inc., Class A Shares | 17009 |
| 778 | CarMax Inc.<sup>\*</sup> | 30078 |
| 10376 | Carvana Co., Class A Shares<sup>\*</sup> | 3885812 |
| 2804 | Casey's General Stores Inc. | 1599570 |
| 506 | Cava Group Inc.<sup>\*</sup> | 24738 |
| 13317 | Cheesecake Factory Inc. | 634688 |
| 113 | Citi Trends Inc.<sup>\*</sup> | 5118 |
| 4002 | Clean Energy Fuels Corp.<sup>\*</sup> | 8724 |
| 569 | Cracker Barrel Old Country Store Inc. | 16438 |
| 625 | Darden Restaurants Inc. | 112238 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Retail - (continued)** | **Retail - (continued)** |  |
| 624 | Dave & Buster's Entertainment Inc.<sup>\*</sup> | $10914 |
| 1927 | Denny's Corp.<sup>\*</sup> | 11890 |
| 1579 | Designer Brands Inc., Class A Shares | 6853 |
| 339 | Dick's Sporting Goods Inc. | 70027 |
| 16 | Dillard's Inc., Class A Shares | 10721 |
| 347 | Dine Brands Global Inc. | 10844 |
| 1178 | Dollar General Corp. | 128979 |
| 1049 | Dollar Tree Inc.<sup>\*</sup> | 116240 |
| 163 | Domino's Pizza Inc. | 68400 |
| 648 | Dutch Bros Inc., Class A Shares<sup>\*</sup> | 37979 |
| 562 | El Pollo Loco Holdings Inc.<sup>\*</sup> | 6131 |
| 3770 | EVgo Inc., Class A Shares<sup>\*</sup> | 12215 |
| 9044 | Ferguson Enterprises Inc. | 2276104 |
| 1133 | First Watch Restaurant Group Inc.<sup>\*</sup> | 21029 |
| 991 | FirstCash Holdings Inc. | 156984 |
| 8358 | Five Below Inc.<sup>\*</sup> | 1378151 |
| 540 | Floor & Decor Holdings Inc., Class A Shares<sup>\*</sup> | 34355 |
| 277 | Freshpet Inc.<sup>\*</sup> | 15833 |
| 2196 | GameStop Corp., Class A Shares<sup>\*</sup> | 49476 |
| 1173 | Gap Inc. | 31753 |
| 285 | Genesco Inc.<sup>\*</sup> | 10217 |
| 736 | Genuine Parts Co. | 95974 |
| 4302 | Group 1 Automotive Inc. | 1725274 |
| 271 | Haverty Furniture Cos., Inc. | 6450 |
| 80 | J Jill Inc. | 1262 |
| 503 | Jack in the Box Inc. | 9914 |
| 2653 | Kohl's Corp. | 65237 |
| 2191 | Krispy Kreme Inc.<sup>(a)</sup> | 9158 |
| 139 | Kura Sushi USA Inc., Class A Shares<sup>\*</sup> | 6829 |
| 1108 | La-Z-Boy Inc. | 43123 |
| 130 | Lithia Motors Inc., Class A Shares | 41449 |
| 545 | Lululemon Athletica Inc.<sup>\*</sup> | 100378 |
| 92601 | Macy's Inc. | 2070558 |
| 518 | MarineMax Inc.<sup>\*</sup> | 12111 |
| 583 | Movado Group Inc. | 12208 |
| 266 | MSC Industrial Direct Co., Inc., Class A Shares | 23663 |
| 3626 | Murphy USA Inc. | 1396264 |
| 38979 | National Vision Holdings Inc.<sup>\*</sup> | 1124544 |
| 1123 | Nu Skin Enterprises Inc., Class A Shares | 11106 |
| 611 | ODP Corp.<sup>\*</sup> | 17090 |
| 310 | Ollie's Bargain Outlet Holdings Inc.<sup>\*</sup> | 38164 |
| 494 | OneWater Marine Inc., Class A Shares<sup>\*</sup> | 6002 |
| 873 | Papa John's International Inc. | 36727 |
| 291 | PC Connection Inc. | 16890 |
| 105 | Penske Automotive Group Inc. | 16981 |
| 1883 | Petco Health & Wellness Co., Inc., Class A Shares<sup>\*</sup> | 6026 |
| 1650 | Portillo's Inc., Class A Shares<sup>\*</sup> | 8613 |
| 616 | PriceSmart Inc. | 75830 |
| 54923 | QXO Inc.<sup>\*</sup> | 1028708 |
| 1744 | Restaurant Brands International Inc. | 126248 |
| 88 | RH<sup>\*</sup> | 13868 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Retail - (continued)** | **Retail - (continued)** |  |
| 10139 | Ross Stores Inc. | $1788114 |
| 2681 | Sally Beauty Holdings Inc.<sup>\*</sup> | 42521 |
| 934 | Savers Value Village Inc.<sup>\*</sup> | 8509 |
| 942 | Shake Shack Inc., Class A Shares<sup>\*</sup> | 82406 |
| 442 | Shoe Carnival Inc. | 7302 |
| 1007 | Signet Jewelers Ltd. | 100861 |
| 369 | Sonic Automotive Inc., Class A Shares | 23258 |
| 2445 | Sweetgreen Inc., Class A Shares<sup>\*</sup> | 15868 |
| 339 | Texas Roadhouse Inc., Class A Shares | 59410 |
| 505 | Tile Shop Holdings Inc.<sup>\*</sup> | 3277 |
| 2821 | Tractor Supply Co. | 154534 |
| 238 | Ulta Beauty Inc.<sup>\*</sup> | 128242 |
| 13865 | Urban Outfitters Inc.<sup>\*</sup> | 1026981 |
| 1610 | Victoria's Secret & Co.<sup>\*</sup> | 66541 |
| 2345 | Warby Parker Inc., Class A Shares<sup>\*</sup> | 46454 |
| 992 | Wendy's Co. | 8382 |
| 633 | Williams-Sonoma Inc. | 113946 |
| 141 | Wingstop Inc. | 37327 |
| 75 | Winmark Corp. | 30826 |
| 13417 | Yum! Brands Inc. | 2055619 |
| 348 | Zumiez Inc.<sup>\*</sup> | 9048 |
|  | Total Retail | 29703774 |
| **Textiles - 0.0%** | **Textiles - 0.0%** |  |
| 362 | UniFirst Corp. | 62463 |
| **Toys/Games/Hobbies - 0.0%** | **Toys/Games/Hobbies - 0.0%** |  |
| 720 | Funko Inc., Class A Shares<sup>\*</sup> | 2275 |
| 674 | Hasbro Inc. | 55673 |
| 154 | JAKKS Pacific Inc. | 2530 |
| 1615 | Mattel Inc.<sup>\*</sup> | 34109 |
|  | Total Toys/Games/Hobbies | 94587 |
|  | **TOTAL CONSUMER CYCLICAL** | **72277168** |
| **CONSUMER NON-CYCLICAL - 21.2%** | **CONSUMER NON-CYCLICAL - 21.2%** |  |
| **Agriculture - 0.1%** | **Agriculture - 0.1%** |  |
| 131 | Alico Inc. | 4558 |
| 853 | Andersons Inc. | 43930 |
| 2521 | Archer-Daniels-Midland Co. | 153126 |
| 743 | Bunge Global SA | 71380 |
| 784 | Darling Ingredients Inc.<sup>\*</sup> | 28702 |
| 1534 | Dole PLC | 22212 |
| 871 | Fresh Del Monte Produce Inc. | 31478 |
| 391 | Ispire Technology Inc.<sup>\*</sup> | 954 |
| 392 | Limoneira Co. | 5445 |
| 464 | Tejon Ranch Co.<sup>\*</sup> | 7531 |
| 432 | Turning Point Brands Inc. | 43269 |
| 623 | Universal Corp. | 32869 |
| 8885 | Vital Farms Inc.<sup>\*</sup> | 290540 |
|  | Total Agriculture | 735994 |
| **Beverages - 0.4%** | **Beverages - 0.4%** |  |
| 50 | Boston Beer Co., Inc., Class A Shares<sup>\*</sup> | 9740 |
| 2109 | BRC Inc., Class A Shares<sup>\*</sup> | 2679 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |  |
| **Beverages - (continued)** | **Beverages - (continued)** |  |
| 240 | Brown-Forman Corp., Class A Shares | $6842 |
| 726 | Brown-Forman Corp., Class B Shares | 21040 |
| 30696 | Celsius Holdings Inc.<sup>\*</sup> | 1256694 |
| 259 | Coca-Cola Consolidated Inc. | 42204 |
| 777 | Constellation Brands Inc., Class A Shares | 105967 |
| 8219 | MGP Ingredients Inc. | 187475 |
| 953 | Molson Coors Beverage Co., Class B Shares | 44324 |
| 605 | National Beverage Corp.<sup>\*</sup> | 20606 |
| 1298 | Primo Brands Corp., Class A Shares | 20366 |
| 23077 | Vita Coco Co., Inc.<sup>\*</sup> | 1232543 |
| 1130 | Westrock Coffee Co.<sup>\*</sup> | 4916 |
| 774 | Zevia PBC, Class A Shares<sup>\*</sup> | 2074 |
|  | Total Beverages | 2957470 |
| **Biotechnology - 7.2%** | **Biotechnology - 7.2%** |  |
| 976 | 4D Molecular Therapeutics Inc.<sup>\*</sup> | 11380 |
| 1404 | Abeona Therapeutics Inc.<sup>\*</sup> | 7118 |
| 3065 | Absci Corp.<sup>\*</sup> | 9716 |
| 2984 | ACADIA Pharmaceuticals Inc.<sup>\*</sup> | 74719 |
| 3124 | ADC Therapeutics SA<sup>\*</sup> | 13433 |
| 5598 | ADMA Biologics Inc.<sup>\*</sup> | 107370 |
| 1685 | Akero Therapeutics Inc.<sup>\*</sup> | 91597 |
| 1104 | Aldeyra Therapeutics Inc.<sup>\*</sup> | 6050 |
| 3487 | Allogene Therapeutics Inc.<sup>\*</sup> | 5091 |
| 5430 | Alnylam Pharmaceuticals Inc.<sup>\*</sup> | 2450179 |
| 1655 | Altimmune Inc.<sup>\*</sup> | 8705 |
| 1811 | Alumis Inc.<sup>\*</sup> | 13890 |
| 6592 | Amicus Therapeutics Inc.<sup>\*</sup> | 65459 |
| 421 | AnaptysBio Inc.<sup>\*</sup> | 17535 |
| 2026 | Anavex Life Sciences Corp.<sup>\*(a)</sup> | 7760 |
| 2859 | ANI Pharmaceuticals Inc.<sup>\*</sup> | 242586 |
| 3027 | Annexon Inc.<sup>\*</sup> | 13621 |
| 585 | Apellis Pharmaceuticals Inc.<sup>\*</sup> | 12460 |
| 38661 | Apogee Therapeutics Inc.<sup>\*</sup> | 2782432 |
| 3443 | Arbutus Biopharma Corp.<sup>\*</sup> | 15184 |
| 876 | Arcellx Inc.<sup>\*</sup> | 63694 |
| 525 | Arcturus Therapeutics Holdings Inc.<sup>\*</sup> | 3565 |
| 2015 | Arcus Biosciences Inc.<sup>\*</sup> | 52591 |
| 35330 | Arcutis Biotherapeutics Inc.<sup>\*</sup> | 1082865 |
| 6049 | Ardelyx Inc.<sup>\*</sup> | 35084 |
| 1030 | Argenx SE, ADR<sup>\*</sup> | 939339 |
| 714 | ArriVent Biopharma Inc.<sup>\*</sup> | 16379 |
| 43024 | Arrowhead Pharmaceuticals Inc.<sup>\*</sup> | 2267365 |
| 1557 | ARS Pharmaceuticals Inc.<sup>\*</sup> | 14854 |
| 1091 | Astria Therapeutics Inc.<sup>\*</sup> | 13801 |
| 1524 | Atea Pharmaceuticals Inc.<sup>\*</sup> | 4724 |
| 1446 | Aura Biosciences Inc.<sup>\*</sup> | 9544 |
| 2711 | Aurinia Pharmaceuticals Inc.<sup>\*</sup> | 43701 |
| 2479 | Avidity Biosciences Inc.<sup>\*</sup> | 177744 |
| 1014 | Axsome Therapeutics Inc.<sup>\*</sup> | 153621 |
| 2416 | Beam Therapeutics Inc.<sup>\*</sup> | 61197 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |  |
| **Biotechnology - (continued)** | **Biotechnology - (continued)** |  |
| 493 | Benitec Biopharma Inc.<sup>\*</sup> | $6389 |
| 982 | Bicara Therapeutics Inc.<sup>\*</sup> | 18226 |
| 883 | BioAge Labs Inc.<sup>\*</sup> | 8380 |
| 5417 | BioCryst Pharmaceuticals Inc.<sup>\*</sup> | 38894 |
| 785 | Biogen Inc.<sup>\*</sup> | 142941 |
| 2320 | Biohaven Ltd.<sup>\*</sup> | 23270 |
| 1057 | BioMarin Pharmaceutical Inc.<sup>\*</sup> | 59118 |
| 115 | Bio-Rad Laboratories Inc., Class A Shares<sup>\*</sup> | 37359 |
| 30861 | Bridgebio Pharma Inc.<sup>\*</sup> | 2222301 |
| 6391 | Bright Minds Biosciences Inc.<sup>\*(b)</sup> | 447370 |
| 797 | Capricor Therapeutics Inc.<sup>\*(a)</sup> | 4264 |
| 1935 | Cardiff Oncology Inc.<sup>\*</sup> | 4412 |
| 326 | Cartesian Therapeutics Inc.<sup>\*</sup> | 2442 |
| 8449 | Celcuity Inc.<sup>\*</sup> | 854532 |
| 1694 | Celldex Therapeutics Inc.<sup>\*</sup> | 45772 |
| 921 | Certara Inc.<sup>\*</sup> | 8436 |
| 1359 | CG oncology Inc.<sup>\*</sup> | 60938 |
| 3391 | Cogent Biosciences Inc.<sup>\*</sup> | 136386 |
| 3209 | Compass Therapeutics Inc.<sup>\*</sup> | 18612 |
| 1073 | Contra Alimera Science<sup>\*(b)(c)</sup> | 43 |
| 3689 | Corteva Inc. | 248897 |
| 114102 | Crinetics Pharmaceuticals Inc.<sup>\*</sup> | 5198487 |
| 2067 | CRISPR Therapeutics AG<sup>\*</sup> | 110522 |
| 1309 | Cullinan Therapeutics Inc.<sup>\*</sup> | 14883 |
| 3278 | Cytek Biosciences Inc.<sup>\*</sup> | 18521 |
| 2928 | Cytokinetics Inc.<sup>\*</sup> | 199485 |
| 2151 | Day One Biopharmaceuticals Inc.<sup>\*</sup> | 20413 |
| 3311 | Denali Therapeutics Inc.<sup>\*</sup> | 64465 |
| 581 | Design Therapeutics Inc.<sup>\*</sup> | 5456 |
| 648 | DiaMedica Therapeutics Inc.<sup>\*</sup> | 5592 |
| 399 | Dianthus Therapeutics Inc.<sup>\*</sup> | 17548 |
| 626 | Disc Medicine Inc., Class A Shares<sup>\*</sup> | 58443 |
| 2447 | Dynavax Technologies Corp.<sup>\*</sup> | 27822 |
| 2660 | Dyne Therapeutics Inc.<sup>\*</sup> | 58254 |
| 32696 | Edgewise Therapeutics Inc.<sup>\*</sup> | 851404 |
| 2959 | Editas Medicine Inc.<sup>\*</sup> | 7131 |
| 2075 | Eledon Pharmaceuticals Inc.<sup>\*</sup> | 3382 |
| 1657 | Emergent BioSolutions Inc.<sup>\*</sup> | 18509 |
| 543 | Entrada Therapeutics Inc.<sup>\*</sup> | 5577 |
| 4782 | Erasca Inc.<sup>\*</sup> | 15159 |
| 4211 | Esperion Therapeutics Inc.<sup>\*</sup> | 16886 |
| 1358 | Evolus Inc.<sup>\*</sup> | 9723 |
| 21940 | Exelixis Inc.<sup>\*</sup> | 969090 |
| 1427 | EyePoint Pharmaceuticals Inc.<sup>\*</sup> | 21162 |
| 3093 | Fate Therapeutics Inc.<sup>\*</sup> | 3526 |
| 15412 | Geron Corp.<sup>\*</sup> | 18186 |
| 6117 | Gossamer Bio Inc.<sup>\*</sup> | 20431 |
| 331 | Greenwich Lifesciences Inc.<sup>\*</sup> | 2890 |
| 616 | Halozyme Therapeutics Inc.<sup>\*</sup> | 43982 |
| 3124 | Humacyte Inc.<sup>\*</sup> | 4217 |
| 1989 | Ideaya Biosciences Inc.<sup>\*</sup> | 70848 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Biotechnology - (continued)** | **Biotechnology - (continued)** |  |
| 867 | Illumina Inc.<sup>\*</sup> | $113967 |
| 4803 | ImmunityBio Inc.<sup>\*</sup> | 11335 |
| 47689 | Immunome Inc.<sup>\*</sup> | 878431 |
| 1592 | Immunovant Inc.<sup>\*</sup> | 38447 |
| 8684 | Incyte Corp.<sup>\*</sup> | 907131 |
| 220 | Inhibrx Biosciences Inc.<sup>\*</sup> | 18506 |
| 650 | Inmune Bio Inc.<sup>\*</sup> | 1131 |
| 1476 | Innoviva Inc.<sup>\*</sup> | 32073 |
| 7437 | Insmed Inc.<sup>\*</sup> | 1545185 |
| 2508 | Intellia Therapeutics Inc.<sup>\*</sup> | 22547 |
| 160621 | Invivyd Inc.<sup>\*</sup> | 390309 |
| 859 | Ionis Pharmaceuticals Inc.<sup>\*</sup> | 71065 |
| 7637 | Iovance Biotherapeutics Inc.<sup>\*</sup> | 18863 |
| 1003 | Jade Biosciences Inc. | 12858 |
| 917 | Janux Therapeutics Inc.<sup>\*</sup> | 31261 |
| 827 | Keros Therapeutics Inc.<sup>\*</sup> | 14456 |
| 19576 | Kiniksa Pharmaceuticals International PLC, Class A Shares<sup>\*</sup> | 832372 |
| 801 | Kodiak Sciences Inc.<sup>\*</sup> | 18407 |
| 140 | Korro Bio Inc.<sup>\*</sup> | 798 |
| 597 | Krystal Biotech Inc.<sup>\*</sup> | 130146 |
| 1878 | Kura Oncology Inc.<sup>\*</sup> | 22799 |
| 1228 | Kymera Therapeutics Inc.<sup>\*</sup> | 83357 |
| 1737 | Larimar Therapeutics Inc.<sup>\*</sup> | 6149 |
| 446 | LENZ Therapeutics Inc.<sup>\*</sup> | 13612 |
| 458 | Lexeo Therapeutics Inc.<sup>\*</sup> | 4516 |
| 5349 | Ligand Pharmaceuticals Inc.<sup>\*</sup> | 1086810 |
| 1561 | Liquidia Corp.<sup>\*</sup> | 50935 |
| 2798 | Maravai LifeSciences Holdings Inc., Class A Shares<sup>\*</sup> | 10129 |
| 367 | Maze Therapeutics Inc.<sup>\*</sup> | 13854 |
| 28280 | MBX Biosciences Inc.<sup>\*</sup> | 975377 |
| 1494 | MeiraGTx Holdings PLC<sup>\*</sup> | 12400 |
| 73274 | Mind Medicine MindMed Inc.<sup>\*</sup> | 926916 |
| 1007 | Mineralys Therapeutics Inc.<sup>\*</sup> | 43422 |
| 199 | Mirati Therapeutics Inc.<sup>\*(b)(c)</sup> | 139 |
| 1809 | Moderna Inc.<sup>\*</sup> | 46998 |
| 135 | Monopar Therapeutics Inc.<sup>\*</sup> | 11634 |
| 950 | Monte Rosa Therapeutics Inc.<sup>\*</sup> | 15362 |
| 2357 | Myriad Genetics Inc.<sup>\*</sup> | 17984 |
| 62438 | NeoGenomics Inc.<sup>\*</sup> | 755500 |
| 1498 | Niagen Bioscience Inc.<sup>\*</sup> | 10141 |
| 2164 | Nkarta Inc.<sup>\*</sup> | 4090 |
| 3470 | Novavax Inc.<sup>\*</sup> | 24464 |
| 1901 | Nurix Therapeutics Inc.<sup>\*</sup> | 33610 |
| 10383 | Nuvalent Inc., Class A Shares<sup>\*</sup> | 1135381 |
| 5681 | Nuvation Bio Inc.<sup>\*</sup> | 45618 |
| 1571 | Olema Pharmaceuticals Inc.<sup>\*</sup> | 44491 |
| 1323 | Omeros Corp.<sup>\*</sup> | 12820 |
| 2438 | Organogenesis Holdings Inc., Class A Shares<sup>\*</sup> | 12629 |
| 850 | Oruka Therapeutics Inc.<sup>\*</sup> | 25585 |
| 222 | Palvella Therapeutics Inc.<sup>\*</sup> | 22819 |
| 1850 | Perspective Therapeutics Inc.<sup>\*</sup> | 4348 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Biotechnology - (continued)** | **Biotechnology - (continued)** |  |
| 1253 | Phathom Pharmaceuticals Inc.<sup>\*</sup> | $19572 |
| 17638 | Praxis Precision Medicines Inc.<sup>\*</sup> | 3465161 |
| 140128 | Precigen Inc.<sup>\*</sup> | 536690 |
| 2350 | Prime Medicine Inc.<sup>\*</sup> | 8977 |
| 2547 | Protalix BioTherapeutics Inc.<sup>\*</sup> | 4534 |
| 792 | Protara Therapeutics Inc.<sup>\*</sup> | 5845 |
| 1032 | Prothena Corp. PLC<sup>\*</sup> | 11094 |
| 24671 | PTC Therapeutics Inc.<sup>\*</sup> | 2121459 |
| 2018 | Puma Biotechnology Inc.<sup>\*</sup> | 10191 |
| 331 | Rapport Therapeutics Inc.<sup>\*</sup> | 9834 |
| 8949 | Recursion Pharmaceuticals Inc., Class A Shares<sup>\*</sup> | 41434 |
| 3200 | Regeneron Pharmaceuticals Inc. | 2496608 |
| 1455 | REGENXBIO Inc.<sup>\*</sup> | 19482 |
| 3206 | Relay Therapeutics Inc.<sup>\*</sup> | 25392 |
| 1856 | Replimune Group Inc.<sup>\*</sup> | 18560 |
| 956 | Revolution Medicines Inc.<sup>\*</sup> | 74339 |
| 40605 | Rezolute Inc.<sup>\*</sup> | 394681 |
| 515 | Rigel Pharmaceuticals Inc.<sup>\*</sup> | 26002 |
| 1696 | Rocket Pharmaceuticals Inc.<sup>\*</sup> | 5800 |
| 2174 | Roivant Sciences Ltd.<sup>\*</sup> | 45241 |
| 2002 | Royalty Pharma PLC, Class A Shares | 80120 |
| 3020 | Sana Biotechnology Inc.<sup>\*</sup> | 12986 |
| 549 | Sarepta Therapeutics Inc.<sup>\*</sup> | 11716 |
| 3419 | Savara Inc.<sup>\*</sup> | 21506 |
| 21894 | Scholar Rock Holding Corp.<sup>\*</sup> | 964650 |
| 32575 | Septerna Inc.<sup>\*</sup> | 945327 |
| 423 | Sionna Therapeutics Inc.<sup>\*</sup> | 18430 |
| 967 | Soleno Therapeutics Inc.<sup>\*</sup> | 48785 |
| 1875 | Solid Biosciences Inc.<sup>\*</sup> | 10181 |
| 1118 | Stoke Therapeutics Inc.<sup>\*</sup> | 34557 |
| 17170 | Structure Therapeutics Inc., ADR<sup>\*</sup> | 614858 |
| 736 | Summit Therapeutics Inc.<sup>\*</sup> | 13167 |
| 2149 | Syndax Pharmaceuticals Inc.<sup>\*</sup> | 42593 |
| 1655 | Tango Therapeutics Inc.<sup>\*</sup> | 18056 |
| 13955 | Tarsus Pharmaceuticals Inc.<sup>\*</sup> | 1115842 |
| 4163 | Taysha Gene Therapies Inc.<sup>\*</sup> | 19733 |
| 363 | Tectonic Therapeutic Inc.<sup>\*</sup> | 7783 |
| 2299 | Terns Pharmaceuticals Inc.<sup>\*</sup> | 64625 |
| 3627 | TG Therapeutics Inc.<sup>\*</sup> | 120634 |
| 810 | Theravance Biopharma Inc.<sup>\*</sup> | 16443 |
| 840 | Third Harmonic Bio Inc.<sup>\*(b)</sup> | 25 |
| 2308 | Travere Therapeutics Inc.<sup>\*</sup> | 81726 |
| 115 | Tvardi Therapeutics Inc.<sup>\*</sup> | 474 |
| 429 | Tyra Biosciences Inc.<sup>\*</sup> | 9678 |
| 529 | Ultragenyx Pharmaceutical Inc.<sup>\*</sup> | 18383 |
| 245 | United Therapeutics Corp.<sup>\*</sup> | 119070 |
| 1064 | Upstream Bio Inc.<sup>\*</sup> | 30430 |
| 907 | UroGen Pharma Ltd.<sup>\*</sup> | 26131 |
| 1203 | Vera Therapeutics Inc., Class A Shares<sup>\*</sup> | 40601 |
| 1870 | Veracyte Inc.<sup>\*</sup> | 88526 |
| 1463 | Verastem Inc.<sup>\*</sup> | 15566 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Biotechnology - (continued)** | **Biotechnology - (continued)** |  |
| 1270 | Vericel Corp.<sup>\*</sup> | $51118 |
| 631 | Viking Therapeutics Inc.<sup>\*</sup> | 23227 |
| 2217 | Vir Biotechnology Inc.<sup>\*</sup> | 14233 |
| 1611 | Viridian Therapeutics Inc.<sup>\*</sup> | 51488 |
| 50465 | WaVe Life Sciences Ltd.<sup>\*</sup> | 391608 |
| 1886 | Xencor Inc.<sup>\*</sup> | 32666 |
| 53657 | Xenon Pharmaceuticals Inc.<sup>\*</sup> | 2399541 |
| 186 | XOMA Royalty Corp.<sup>\*</sup> | 5976 |
| 422 | Zenas Biopharma Inc.<sup>\*</sup> | 16386 |
| 1220 | Zevra Therapeutics Inc.<sup>\*</sup> | 10285 |
| 1409 | Zymeworks Inc.<sup>\*</sup> | 37634 |
|  | Total Biotechnology | 50718166 |
| **Commercial Services - 4.0%** | **Commercial Services - 4.0%** |  |
| 1488 | ABM Industries Inc. | 63984 |
| 668 | Acacia Research Corp.<sup>\*</sup> | 2498 |
| 2747 | ADT Inc. | 22663 |
| 863 | Adtalem Global Education Inc.<sup>\*</sup> | 79879 |
| 21281 | Affirm Holdings Inc., Class A Shares<sup>\*</sup> | 1509887 |
| 727 | AirSculpt Technologies Inc.<sup>\*(a)</sup> | 2566 |
| 1143 | Alarm.com Holdings Inc.<sup>\*</sup> | 59390 |
| 10331 | Alight Inc., Class A Shares | 23865 |
| 309 | Alta Equipment Group Inc. | 1508 |
| 11462 | American Public Education Inc.<sup>\*</sup> | 399050 |
| 989 | AMN Healthcare Services Inc.<sup>\*</sup> | 16467 |
| 1886 | API Group Corp.<sup>\*</sup> | 74610 |
| 69340 | Arlo Technologies Inc.<sup>\*</sup> | 1005430 |
| 89 | Avis Budget Group Inc.<sup>\*</sup> | 12093 |
| 654 | Barrett Business Services Inc. | 22949 |
| 2885 | Block Inc., Class A Shares<sup>\*</sup> | 192718 |
| 641 | Booz Allen Hamilton Holding Corp., Class A Shares | 53498 |
| 286 | Bright Horizons Family Solutions Inc.<sup>\*</sup> | 29389 |
| 1488 | BrightView Holdings Inc.<sup>\*</sup> | 18779 |
| 1024 | Brink's Co. | 115026 |
| 988 | Cadiz Inc.<sup>\*</sup> | 5503 |
| 326 | Carriage Services Inc., Class A Shares | 14116 |
| 325 | Cass Information Systems Inc. | 13650 |
| 1265 | CBIZ Inc.<sup>\*</sup> | 61605 |
| 1084 | Chaince Digital Holdings Inc., ADR<sup>\*</sup> | 10450 |
| 365 | Cimpress PLC<sup>\*</sup> | 25130 |
| 2196 | Clarivate PLC<sup>\*</sup> | 8257 |
| 1280 | CompoSecure Inc., Class A Shares<sup>\*</sup> | 25434 |
| 2828 | CoreCivic Inc.<sup>\*</sup> | 51045 |
| 372 | Corpay Inc.<sup>\*</sup> | 110038 |
| 3716 | Coursera Inc.<sup>\*</sup> | 29542 |
| 237 | CPI Card Group Inc.<sup>\*</sup> | 3202 |
| 171 | CRA International Inc. | 30154 |
| 876 | Cross Country Healthcare Inc.<sup>\*</sup> | 8988 |
| 1729 | Custom Truck One Source Inc.<sup>\*</sup> | 11048 |
| 1122 | Deluxe Corp. | 22799 |
| 195 | Distribution Solutions Group Inc.<sup>\*</sup> | 5413 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Commercial Services - (continued)** | **Commercial Services - (continued)** |  |
| 1526 | Driven Brands Holdings Inc.<sup>\*</sup> | $22295 |
| 422 | Emerald Holding Inc. | 1545 |
| 603 | Ennis Inc. | 10516 |
| 659 | Equifax Inc. | 139952 |
| 262 | Euronet Worldwide Inc.<sup>\*</sup> | 19412 |
| 1262 | European Wax Center Inc., Class A Shares<sup>\*</sup> | 4884 |
| 1540 | EVERTEC Inc. | 44506 |
| 1863 | First Advantage Corp.<sup>\*</sup> | 25858 |
| 3188 | Flywire Corp.<sup>\*</sup> | 44600 |
| 219 | Forrester Research Inc.<sup>\*</sup> | 1575 |
| 253 | Franklin Covey Co.<sup>\*</sup> | 3977 |
| 167 | FTI Consulting Inc.<sup>\*</sup> | 27246 |
| 3293 | GEO Group Inc.<sup>\*</sup> | 51898 |
| 1316 | Global Payments Inc. | 99700 |
| 81 | Graham Holdings Co., Class B Shares | 89626 |
| 5868 | Grand Canyon Education Inc.<sup>\*</sup> | 925618 |
| 1197 | Green Dot Corp., Class A Shares<sup>\*</sup> | 15046 |
| 574 | GXO Logistics Inc.<sup>\*</sup> | 29125 |
| 670 | H&R Block Inc. | 28220 |
| 683 | Hackett Group Inc. | 12615 |
| 1863 | Healthcare Services Group Inc.<sup>\*</sup> | 34987 |
| 509 | Heidrick & Struggles International Inc. | 29965 |
| 15890 | Herc Holdings Inc. | 2133550 |
| 2710 | Hertz Global Holdings Inc.<sup>\*(a)</sup> | 14200 |
| 320 | HireQuest Inc. | 2781 |
| 17264 | Huron Consulting Group Inc.<sup>\*</sup> | 2841827 |
| 435 | ICF International Inc. | 33947 |
| 616 | Information Services Group Inc. | 3314 |
| 862 | Insperity Inc. | 30489 |
| 978 | John Wiley & Sons Inc., Class A Shares | 35560 |
| 716 | Kelly Services Inc., Class A Shares | 6186 |
| 481 | Kforce Inc. | 14141 |
| 753 | KinderCare Learning Cos., Inc.<sup>\*</sup> | 2997 |
| 24515 | Korn Ferry | 1612352 |
| 3095 | Laureate Education Inc., Class A Shares<sup>\*</sup> | 95635 |
| 2570 | Legalzoom.com Inc.<sup>\*</sup> | 23978 |
| 756 | Lifecore Biomedical Inc.<sup>\*</sup> | 5972 |
| 14415 | Lincoln Educational Services Corp.<sup>\*</sup> | 296661 |
| 269 | ManpowerGroup Inc. | 7736 |
| 185 | MarketAxess Holdings Inc. | 30320 |
| 9191 | Marqeta Inc., Class A Shares<sup>\*</sup> | 44025 |
| 743 | Matthews International Corp., Class A Shares | 18233 |
| 410 | Medifast Inc.<sup>\*</sup> | 4498 |
| 2345 | Mister Car Wash Inc.<sup>\*</sup> | 12522 |
| 757 | Monro Inc. | 14163 |
| 5100 | Moody's Corp. | 2502978 |
| 119 | Morningstar Inc. | 25568 |
| 528 | National Research Corp. | 8971 |
| 256 | NIQ Global Intelligence PLC<sup>\*</sup> | 4024 |
| 2005 | NPK International Inc.<sup>\*</sup> | 24682 |
| 228 | Paylocity Holding Corp.<sup>\*</sup> | 33591 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Commercial Services - (continued)** | **Commercial Services - (continued)** |  |
| 33924 | Paymentus Holdings Inc., Class A Shares<sup>\*</sup> | $1177841 |
| 6993 | Payoneer Global Inc.<sup>\*</sup> | 40420 |
| 805 | Paysafe Ltd.<sup>\*</sup> | 6190 |
| 1466 | Perdoceo Education Corp. | 40989 |
| 744 | Priority Technology Holdings Inc.<sup>\*</sup> | 4352 |
| 956 | PROG Holdings Inc. | 27514 |
| 1890 | Progyny Inc.<sup>\*</sup> | 49839 |
| 1041 | Quad/Graphics Inc. | 5975 |
| 13211 | Quanta Services Inc. | 6141530 |
| 170 | RCM Technologies Inc.<sup>\*</sup> | 3329 |
| 4072 | Remitly Global Inc.<sup>\*</sup> | 55155 |
| 2093 | Repay Holdings Corp., Class A Shares<sup>\*</sup> | 6949 |
| 1227 | Resources Connection Inc. | 5933 |
| 605 | Robert Half Inc. | 16359 |
| 1541 | Rollins Inc. | 94741 |
| 712 | Service Corp. International | 56554 |
| 354 | Sezzle Inc.<sup>\*</sup> | 21859 |
| 363 | Shift4 Payments Inc., Class A Shares<sup>\*</sup> | 26782 |
| 176 | SoundThinking Inc.<sup>\*</sup> | 1095 |
| 781 | Spire Global Inc.<sup>\*</sup> | 6396 |
| 6026 | StoneCo Ltd., Class A Shares<sup>\*</sup> | 101538 |
| 575 | Strategic Education Inc. | 44862 |
| 1067 | Stride Inc.<sup>\*</sup> | 67787 |
| 1220 | Target Hospitality Corp.<sup>\*</sup> | 9516 |
| 4126 | TIC Solutions Inc.<sup>\*</sup> | 40105 |
| 2330 | Toast Inc., Class A Shares<sup>\*</sup> | 79663 |
| 259 | Transcat Inc.<sup>\*</sup> | 14644 |
| 1004 | TransUnion | 85390 |
| 715 | TriNet Group Inc. | 41899 |
| 1175 | TrueBlue Inc.<sup>\*</sup> | 5758 |
| 2259 | Udemy Inc.<sup>\*</sup> | 11476 |
| 47 | U-Haul Holding Co.<sup>\*</sup> | 2475 |
| 599 | U-Haul Holding Co. (Non-Voting) | 28818 |
| 18161 | UL Solutions Inc., Class A Shares | 1656465 |
| 342 | United Rentals Inc. | 278792 |
| 12471 | Universal Technical Institute Inc.<sup>\*</sup> | 287082 |
| 1404 | Upbound Group Inc. | 25160 |
| 262 | USCB Financial Holdings Inc. | 4661 |
| 34558 | Valvoline Inc.<sup>\*</sup> | 1082011 |
| 741 | Verisk Analytics Inc., Class A Shares | 166777 |
| 3858 | Verra Mobility Corp., Class A Shares<sup>\*</sup> | 84182 |
| 3335 | Vestis Corp. | 21611 |
| 169 | WEX Inc.<sup>\*</sup> | 25073 |
| 4057 | Willdan Group Inc.<sup>\*</sup> | 409351 |
| 885 | WillScot Holdings Corp. | 17479 |
|  | Total Commercial Services | 28073067 |
| **Cosmetics/Personal Care - 0.5%** | **Cosmetics/Personal Care - 0.5%** |  |
| 3178 | Beauty Health Co.<sup>\*</sup> | 4703 |
| 2077 | Coty Inc., Class A Shares<sup>\*</sup> | 6896 |
| 1291 | Edgewell Personal Care Co. | 23057 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Cosmetics/Personal Care - (continued)** | **Cosmetics/Personal Care - (continued)** |  |
| 8228 | elf Beauty Inc.<sup>\*</sup> | $626727 |
| 1322 | Estee Lauder Cos., Inc., Class A Shares | 124361 |
| 2231 | Honest Co., Inc.<sup>\*</sup> | 6001 |
| 439 | Interparfums Inc. | 35677 |
| 10037 | Kenvue Inc. | 174142 |
| 5994 | Olaplex Holdings Inc.<sup>\*</sup> | 6833 |
| 782 | Perrigo Co. PLC | 10440 |
| 44460 | Prestige Consumer Healthcare Inc.<sup>\*</sup> | 2647593 |
| 671 | Waldencast PLC, Class A Shares<sup>\*</sup> | 1691 |
|  | Total Cosmetics/Personal Care | 3668121 |
| **Food - 1.0%** | **Food - 1.0%** |  |
| 2105 | Albertsons Cos., Inc., Class A Shares | 38585 |
| 2550 | B&G Foods Inc. | 11755 |
| 1969 | Beyond Meat Inc.<sup>\*</sup> | 1933 |
| 392 | Calavo Growers Inc. | 8032 |
| 1150 | Cal-Maine Foods Inc. | 95818 |
| 973 | Campbell's Co. | 29657 |
| 872 | Chefs' Warehouse Inc.<sup>\*</sup> | 53471 |
| 2667 | Conagra Brands Inc. | 47606 |
| 1095 | Flowers Foods Inc. | 11749 |
| 2888 | General Mills Inc. | 136747 |
| 2220 | Grocery Outlet Holding Corp.<sup>\*</sup> | 24709 |
| 2265 | Hain Celestial Group Inc.<sup>\*</sup> | 2492 |
| 768 | Hershey Co. | 144445 |
| 745 | HF Foods Group Inc.<sup>\*</sup> | 1870 |
| 1470 | Hormel Foods Corp. | 34119 |
| 370 | Ingles Markets Inc., Class A Shares | 28460 |
| 10344 | Ingredion Inc. | 1112394 |
| 404 | J & J Snack Foods Corp. | 37309 |
| 578 | JM Smucker Co. | 60216 |
| 225 | John B Sanfilippo & Son Inc. | 16342 |
| 1491 | Kellanova | 124707 |
| 4566 | Kraft Heinz Co. | 116479 |
| 3302 | Kroger Co. | 222159 |
| 687 | Lamb Weston Holdings Inc. | 40574 |
| 233 | Lifeway Foods Inc.<sup>\*</sup> | 5775 |
| 678 | Mama's Creations Inc.<sup>\*</sup> | 7675 |
| 5326 | Marzetti Co. | 889122 |
| 1370 | McCormick & Co., Inc. | 92448 |
| 1336 | Mission Produce Inc.<sup>\*</sup> | 16059 |
| 96 | Nathan's Famous Inc. | 8857 |
| 380 | Natural Grocers by Vitamin Cottage Inc. | 10545 |
| 20226 | Performance Food Group Co.<sup>\*</sup> | 1963338 |
| 226 | Pilgrim's Pride Corp. | 8597 |
| 292 | Post Holdings Inc.<sup>\*</sup> | 30377 |
| 1 | Seaboard Corp. | 4680 |
| 106 | Seneca Foods Corp., Class A Shares<sup>\*</sup> | 12821 |
| 2256 | Simply Good Foods Co.<sup>\*</sup> | 44398 |
| 152 | Smithfield Foods Inc. | 3285 |
| 503 | Sprouts Farmers Market Inc.<sup>\*</sup> | 42156 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Food - (continued)** | **Food - (continued)** |  |
| 2265 | SunOpta Inc.<sup>\*</sup> | $8516 |
| 2570 | Sysco Corp. | 195834 |
| 515 | Tootsie Roll Industries Inc. | 19755 |
| 38144 | TreeHouse Foods Inc.<sup>\*</sup> | 911260 |
| 1439 | Tyson Foods Inc., Class A Shares | 83534 |
| 1411 | United Natural Foods Inc.<sup>\*</sup> | 52644 |
| 1183 | US Foods Holding Corp.<sup>\*</sup> | 93067 |
| 1678 | Utz Brands Inc. | 16260 |
| 309 | Village Super Market Inc., Class A Shares | 10679 |
| 423 | Weis Markets Inc. | 27482 |
|  | Total Food | 6960792 |
| **Healthcare-Products - 4.6%** | **Healthcare-Products - 4.6%** |  |
| 2478 | 10X Genomics Inc., Class A Shares<sup>\*</sup> | 46611 |
| 1695 | Accuray Inc.<sup>\*</sup> | 1831 |
| 71329 | Adaptive Biotechnologies Corp.<sup>\*</sup> | 1402328 |
| 18117 | Agilent Technologies Inc. | 2780960 |
| 351 | Align Technology Inc.<sup>\*</sup> | 51664 |
| 45094 | Alphatec Holdings Inc.<sup>\*</sup> | 1016870 |
| 1353 | AngioDynamics Inc.<sup>\*</sup> | 16777 |
| 826 | Anteris Technologies Global Corp.<sup>\*</sup> | 3387 |
| 14232 | Artivion Inc.<sup>\*</sup> | 664065 |
| 1239 | AtriCure Inc.<sup>\*</sup> | 44753 |
| 1153 | Avanos Medical Inc.<sup>\*</sup> | 13536 |
| 3360 | Avantor Inc.<sup>\*</sup> | 39413 |
| 954 | Avita Medical Inc.<sup>\*</sup> | 3530 |
| 1046 | Axogen Inc.<sup>\*</sup> | 29968 |
| 958 | Azenta Inc.<sup>\*</sup> | 34066 |
| 2635 | Baxter International Inc. | 49380 |
| 24222 | Beta Bionics Inc.<sup>\*</sup> | 759117 |
| 915 | BioLife Solutions Inc.<sup>\*</sup> | 24248 |
| 42495 | Bio-Techne Corp. | 2741352 |
| 1140 | Bioventus Inc., Class A Shares<sup>\*</sup> | 8653 |
| 509 | Bruker Corp. | 24844 |
| 5866 | Butterfly Network Inc., Class A Shares<sup>\*</sup> | 18185 |
| 1305 | CareDx Inc.<sup>\*</sup> | 23320 |
| 659 | Castle Biosciences Inc.<sup>\*</sup> | 26327 |
| 742 | Ceribell Inc.<sup>\*</sup> | 12592 |
| 6901 | Cerus Corp.<sup>\*</sup> | 12146 |
| 818 | ClearPoint Neuro Inc.<sup>\*</sup> | 11828 |
| 815 | CONMED Corp. | 35387 |
| 1023 | Cooper Cos., Inc.<sup>\*</sup> | 79722 |
| 460 | CVRx Inc.<sup>\*</sup> | 4513 |
| 909 | Delcath Systems Inc.<sup>\*</sup> | 8817 |
| 1188 | DENTSPLY SIRONA Inc. | 13472 |
| 248 | Electromed Inc.<sup>\*</sup> | 6639 |
| 1468 | Embecta Corp. | 18724 |
| 1360 | Enovis Corp.<sup>\*</sup> | 41167 |
| 35197 | Envista Holdings Corp.<sup>\*</sup> | 735617 |
| 1020 | Exact Sciences Corp.<sup>\*</sup> | 103316 |
| 2426 | GE HealthCare Technologies Inc. | 194056 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Healthcare-Products - (continued)** | **Healthcare-Products - (continued)** |  |
| 1355 | Glaukos Corp.<sup>\*</sup> | $144023 |
| 30069 | Globus Medical Inc., Class A Shares<sup>\*</sup> | 2737482 |
| 720 | GRAIL Inc.<sup>\*</sup> | 79481 |
| 44919 | Guardant Health Inc.<sup>\*</sup> | 4870118 |
| 1216 | Haemonetics Corp.<sup>\*</sup> | 98922 |
| 1225 | Hologic Inc.<sup>\*</sup> | 91838 |
| 582 | ICU Medical Inc.<sup>\*</sup> | 86392 |
| 436 | IDEXX Laboratories Inc.<sup>\*</sup> | 328256 |
| 483 | Inogen Inc.<sup>\*</sup> | 3420 |
| 174 | Inspire Medical Systems Inc.<sup>\*</sup> | 21647 |
| 6725 | Insulet Corp.<sup>\*</sup> | 2200353 |
| 833 | Integer Holdings Corp.<sup>\*</sup> | 60126 |
| 42710 | Integra LifeSciences Holdings Corp.<sup>\*</sup> | 560355 |
| 187 | iRadimed Corp. | 17432 |
| 798 | iRhythm Technologies Inc.<sup>\*</sup> | 150032 |
| 431 | Kestra Medical Technologies Ltd.<sup>\*</sup> | 11628 |
| 1398 | KORU Medical Systems Inc.<sup>\*</sup> | 8276 |
| 1635 | Lantheus Holdings Inc.<sup>\*</sup> | 96252 |
| 533 | LeMaitre Vascular Inc. | 44212 |
| 329 | LENSAR Inc.<sup>\*</sup> | 3349 |
| 1306 | LivaNova PLC<sup>\*</sup> | 83336 |
| 255 | Masimo Corp.<sup>\*</sup> | 36320 |
| 3354 | MaxCyte Inc.<sup>\*</sup> | 5903 |
| 1468 | Merit Medical Systems Inc.<sup>\*</sup> | 127114 |
| 3002 | MiMedx Group Inc.<sup>\*</sup> | 20654 |
| 15500 | Natera Inc.<sup>\*</sup> | 3701555 |
| 5809 | Neogen Corp.<sup>\*</sup> | 34738 |
| 31687 | NeuroPace Inc.<sup>\*</sup> | 518399 |
| 2414 | Novocure Ltd.<sup>\*</sup> | 30923 |
| 3430 | OmniAb Inc.<sup>\*</sup> | 6208 |
| 1206 | Omnicell Inc.<sup>\*</sup> | 44031 |
| 2423 | OraSure Technologies Inc.<sup>\*</sup> | 5767 |
| 826 | Orthofix Medical Inc.<sup>\*</sup> | 13290 |
| 380 | OrthoPediatrics Corp.<sup>\*</sup> | 7026 |
| 547 | Outset Medical Inc.<sup>\*</sup> | 2494 |
| 8898 | Pacific Biosciences of California Inc.<sup>\*</sup> | 20643 |
| 190 | Penumbra Inc.<sup>\*</sup> | 55702 |
| 1262 | PROCEPT BioRobotics Corp.<sup>\*</sup> | 39980 |
| 842 | Pulmonx Corp.<sup>\*</sup> | 1364 |
| 411 | Pulse Biosciences Inc.<sup>\*</sup> | 5627 |
| 1087 | QIAGEN NV | 51904 |
| 1247 | Quanterix Corp.<sup>\*</sup> | 9053 |
| 3978 | Quantum-Si Inc.<sup>\*</sup> | 5609 |
| 23081 | QuidelOrtho Corp.<sup>\*</sup> | 631265 |
| 265 | Repligen Corp.<sup>\*</sup> | 45320 |
| 773 | ResMed Inc. | 197757 |
| 615 | Revvity Inc. | 64212 |
| 944 | RxSight Inc.<sup>\*</sup> | 10780 |
| 91 | Sanara Medtech Inc.<sup>\*</sup> | 1904 |
| 230 | SANUWAVE Health Inc.<sup>\*</sup> | 7802 |
| 212 | Semler Scientific Inc.<sup>\*</sup> | 4605 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Healthcare-Products - (continued)** | **Healthcare-Products - (continued)** |  |
| 1008 | SI-BONE Inc.<sup>\*</sup> | $19616 |
| 779 | Solventum Corp.<sup>\*</sup> | 66418 |
| 1291 | STAAR Surgical Co.<sup>\*</sup> | 34263 |
| 2874 | Stereotaxis Inc.<sup>\*</sup> | 7070 |
| 526 | STERIS PLC | 140063 |
| 18015 | Tactile Systems Technology Inc.<sup>\*</sup> | 463166 |
| 38799 | Tandem Diabetes Care Inc.<sup>\*</sup> | 815167 |
| 223 | Teleflex Inc. | 25516 |
| 495 | Tempus AI Inc., Class A Shares<sup>\*</sup> | 38575 |
| 14068 | TransMedics Group Inc.<sup>\*</sup> | 2058289 |
| 1652 | Treace Medical Concepts Inc.<sup>\*</sup> | 4923 |
| 1412 | Twist Bioscience Corp.<sup>\*</sup> | 45198 |
| 191 | UFP Technologies Inc.<sup>\*</sup> | 43298 |
| 120 | Utah Medical Products Inc. | 6762 |
| 912 | Varex Imaging Corp.<sup>\*</sup> | 10552 |
| 326 | Waters Corp.<sup>\*</sup> | 131515 |
| 386 | West Pharmaceutical Services Inc. | 107019 |
| 1051 | Zimmer Biomet Holdings Inc. | 102494 |
|  | Total Healthcare-Products | 32627964 |
| **Healthcare-Services - 1.4%** | **Healthcare-Services - 1.4%** |  |
| 529 | Acadia Healthcare Co., Inc.<sup>\*</sup> | 9099 |
| 12099 | Addus HomeCare Corp.<sup>\*</sup> | 1454300 |
| 8464 | agilon health Inc.<sup>\*</sup> | 5511 |
| 749 | Ardent Health Inc.<sup>\*</sup> | 6576 |
| 1140 | Astrana Health Inc.<sup>\*</sup> | 26266 |
| 1149 | Aveanna Healthcare Holdings Inc.<sup>\*</sup> | 10732 |
| 2612 | BrightSpring Health Services Inc.<sup>\*</sup> | 94450 |
| 5430 | Brookdale Senior Living Inc.<sup>\*</sup> | 60436 |
| 2571 | Centene Corp.<sup>\*</sup> | 101143 |
| 247 | Charles River Laboratories International Inc.<sup>\*</sup> | 44001 |
| 72 | Chemed Corp. | 31622 |
| 9414 | Clover Health Investments Corp., Class A Shares<sup>\*</sup> | 23441 |
| 3046 | Community Health Systems Inc.<sup>\*</sup> | 10539 |
| 2797 | Concentra Group Holdings Parent Inc. | 57506 |
| 700 | CorVel Corp.<sup>\*</sup> | 51226 |
| 191 | DaVita Inc.<sup>\*</sup> | 22859 |
| 3054 | DocGo Inc.<sup>\*</sup> | 3146 |
| 24925 | Encompass Health Corp. | 2896783 |
| 1193 | Enhabit Inc.<sup>\*</sup> | 10665 |
| 1394 | Ensign Group Inc. | 258643 |
| 2221 | Fortrea Holdings Inc.<sup>\*</sup> | 28229 |
| 458 | Fulgent Genetics Inc.<sup>\*</sup> | 13548 |
| 4434 | GeneDx Holdings Corp., Class A Shares<sup>\*</sup> | 740256 |
| 1193 | Ginkgo Bioworks Holdings Inc.<sup>\*</sup> | 11071 |
| 2117 | HealthEquity Inc.<sup>\*</sup> | 222666 |
| 637 | Humana Inc. | 156555 |
| 485 | Innovage Holding Corp.<sup>\*</sup> | 2561 |
| 908 | IQVIA Holdings Inc.<sup>\*</sup> | 208849 |
| 339 | Joint Corp.<sup>\*</sup> | 2854 |
| 448 | Labcorp Holdings Inc. | 120413 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Healthcare-Services - (continued)** | **Healthcare-Services - (continued)** |  |
| 3564 | LifeStance Health Group Inc.<sup>\*</sup> | $23166 |
| 115 | Medpace Holdings Inc.<sup>\*</sup> | 68133 |
| 276 | Molina Healthcare Inc.<sup>\*</sup> | 40920 |
| 1585 | Nano-X Imaging Ltd.<sup>\*</sup> | 7101 |
| 326 | National HealthCare Corp. | 44431 |
| 1266 | Neuronetics Inc.<sup>\*</sup> | 1886 |
| 1959 | Oncology Institute Inc.<sup>\*</sup> | 6151 |
| 7757 | OPKO Health Inc.<sup>\*</sup> | 10549 |
| 58569 | Option Care Health Inc.<sup>\*</sup> | 1821496 |
| 4731 | Oscar Health Inc., Class A Shares<sup>\*</sup> | 85016 |
| 1036 | PACS Group Inc.<sup>\*</sup> | 34613 |
| 1999 | Pediatrix Medical Group Inc.<sup>\*</sup> | 48156 |
| 884 | Pennant Group Inc.<sup>\*</sup> | 24487 |
| 1577 | Personalis Inc.<sup>\*</sup> | 16921 |
| 2757 | Privia Health Group Inc.<sup>\*</sup> | 67188 |
| 610 | Quest Diagnostics Inc. | 115400 |
| 1712 | RadNet Inc.<sup>\*</sup> | 141736 |
| 2887 | Select Medical Holdings Corp. | 44720 |
| 180 | Sonida Senior Living Inc.<sup>\*</sup> | 5832 |
| 1103 | Sotera Health Co.<sup>\*</sup> | 19280 |
| 1045 | Strata Critical Medical Inc.<sup>\*</sup> | 4535 |
| 2030 | Surgery Partners Inc.<sup>\*</sup> | 34652 |
| 4451 | Teladoc Health Inc.<sup>\*</sup> | 33783 |
| 471 | Tenet Healthcare Corp.<sup>\*</sup> | 102132 |
| 281 | Universal Health Services Inc., Class B Shares | 68460 |
| 387 | US Physical Therapy Inc. | 28580 |
| 1334 | Viemed Healthcare Inc.<sup>\*</sup> | 9218 |
|  | Total Healthcare-Services | 9594488 |
| **Household Products/Wares - 0.0%** | **Household Products/Wares - 0.0%** |  |
| 3111 | ACCO Brands Corp. | 10702 |
| 111 | Acme United Corp. | 4107 |
| 399 | Avery Dennison Corp. | 68776 |
| 1321 | Church & Dwight Co., Inc. | 112496 |
| 633 | Clorox Co. | 68326 |
| 595 | Helen of Troy Ltd.<sup>\*</sup> | 11275 |
| 1150 | Quanex Building Products Corp. | 14904 |
| 274 | Reynolds Consumer Products Inc. | 6844 |
| 603 | Spectrum Brands Holdings Inc. | 35788 |
| 327 | WD-40 Co. | 64027 |
|  | Total Household Products/Wares | 397245 |
| **Pharmaceuticals - 2.0%** | **Pharmaceuticals - 2.0%** |  |
| 49965 | AbCellera Biologics Inc.<sup>\*</sup> | 186369 |
| 3121 | Aclaris Therapeutics Inc.<sup>\*</sup> | 8832 |
| 2618 | AdaptHealth Corp., Class A Shares<sup>\*</sup> | 25290 |
| 1498 | Agios Pharmaceuticals Inc.<sup>\*</sup> | 43742 |
| 6520 | Akebia Therapeutics Inc.<sup>\*</sup> | 10302 |
| 2403 | Alector Inc.<sup>\*</sup> | 3196 |
| 3924 | Alkermes PLC<sup>\*</sup> | 116072 |
| 4140 | Amneal Pharmaceuticals Inc.<sup>\*</sup> | 51833 |
| 1014 | Amphastar Pharmaceuticals Inc.<sup>\*</sup> | 28088 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Pharmaceuticals - (continued)** | **Pharmaceuticals - (continued)** |  |
| 48834 | Amylyx Pharmaceuticals Inc.<sup>\*</sup> | $731533 |
| 266 | Anika Therapeutics Inc.<sup>\*</sup> | 2628 |
| 2165 | Aquestive Therapeutics Inc.<sup>\*</sup> | 13401 |
| 1686 | Arvinas Inc.<sup>\*</sup> | 21218 |
| 9525 | Ascendis Pharma AS, ADR<sup>\*</sup> | 2022443 |
| 2610 | aTyr Pharma Inc.<sup>\*</sup> | 2037 |
| 2410 | Avadel Pharmaceuticals PLC, ADR<sup>\*</sup> | 51791 |
| 641 | BellRing Brands Inc.<sup>\*</sup> | 19801 |
| 778 | Biote Corp., Class A Shares<sup>\*</sup> | 2104 |
| 1217 | Candel Therapeutics Inc.<sup>\*</sup> | 5805 |
| 1279 | Cardinal Health Inc. | 271481 |
| 2771 | Catalyst Pharmaceuticals Inc.<sup>\*</sup> | 64869 |
| 987 | Cencora Inc. | 364134 |
| 376 | Cidara Therapeutics Inc.<sup>\*</sup> | 82675 |
| 1851 | Coherus Oncology Inc.<sup>\*</sup> | 2517 |
| 840 | Collegium Pharmaceutical Inc.<sup>\*</sup> | 39211 |
| 12030 | Corcept Therapeutics Inc.<sup>\*</sup> | 955182 |
| 1791 | CorMedix Inc.<sup>\*</sup> | 17570 |
| 1741 | Corvus Pharmaceuticals Inc.<sup>\*</sup> | 15965 |
| 2073 | DexCom Inc.<sup>\*</sup> | 131573 |
| 2483 | Elanco Animal Health Inc.<sup>\*</sup> | 57779 |
| 796 | Enanta Pharmaceuticals Inc.<sup>\*</sup> | 11240 |
| 865 | Enliven Therapeutics Inc.<sup>\*</sup> | 18684 |
| 792 | Eton Pharmaceuticals Inc.<sup>\*</sup> | 12791 |
| 411 | Fennec Pharmaceuticals Inc.<sup>\*(b)</sup> | 3366 |
| 484 | Foghorn Therapeutics Inc.<sup>\*</sup> | 2299 |
| 1233 | Fulcrum Therapeutics Inc.<sup>\*</sup> | 13489 |
| 16142 | Guardian Pharmacy Services Inc., Class A Shares<sup>\*</sup> | 472638 |
| 370 | Gyre Therapeutics Inc.<sup>\*</sup> | 2868 |
| 1030 | Harmony Biosciences Holdings Inc.<sup>\*</sup> | 36349 |
| 795 | Harrow Inc.<sup>\*</sup> | 33215 |
| 555 | Henry Schein Inc.<sup>\*</sup> | 41386 |
| 2517 | Herbalife Ltd.<sup>\*</sup> | 32041 |
| 4679 | Heron Therapeutics Inc.<sup>\*</sup> | 5428 |
| 30830 | Indivior PLC<sup>\*</sup> | 1035888 |
| 2165 | Inhibikase Therapeutics Inc.<sup>\*</sup> | 3291 |
| 4866 | Ironwood Pharmaceuticals Inc., Class A Shares<sup>\*</sup> | 17031 |
| 298 | Jazz Pharmaceuticals PLC<sup>\*</sup> | 52606 |
| 298 | Journey Medical Corp.<sup>\*</sup> | 2405 |
| 1162 | KalVista Pharmaceuticals Inc.<sup>\*</sup> | 16814 |
| 353 | Lifevantage Corp. | 2425 |
| 452 | Madrigal Pharmaceuticals Inc.<sup>\*</sup> | 269835 |
| 7361 | MannKind Corp.<sup>\*</sup> | 39381 |
| 397 | MediWound Ltd.<sup>\*</sup> | 7114 |
| 981 | Mirum Pharmaceuticals Inc.<sup>\*</sup> | 71662 |
| 241 | Nature's Sunshine Products Inc.<sup>\*</sup> | 4960 |
| 9358 | Neurocrine Biosciences Inc.<sup>\*</sup> | 1423913 |
| 316 | Neurogene Inc.<sup>\*</sup> | 6661 |
| 316 | Nuvectis Pharma Inc.<sup>\*</sup> | 1972 |
| 4235 | Ocular Therapeutix Inc.<sup>\*</sup> | 51455 |
| 1515 | Organon & Co. | 11681 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Pharmaceuticals - (continued)** | **Pharmaceuticals - (continued)** |  |
| 1414 | ORIC Pharmaceuticals Inc.<sup>\*</sup> | $16798 |
| 1930 | Owens & Minor Inc.<sup>\*</sup> | 5250 |
| 1155 | Pacira BioSciences Inc.<sup>\*</sup> | 27223 |
| 476 | Phibro Animal Health Corp., Class A Shares | 19935 |
| 14304 | Protagonist Therapeutics Inc.<sup>\*</sup> | 1287360 |
| 20559 | Rhythm Pharmaceuticals Inc.<sup>\*</sup> | 2242781 |
| 3306 | SELLAS Life Sciences Group Inc.<sup>\*</sup> | 5356 |
| 810 | SIGA Technologies Inc. | 4909 |
| 23315 | Spyre Therapeutics Inc.<sup>\*</sup> | 699450 |
| 1280 | Supernus Pharmaceuticals Inc.<sup>\*</sup> | 58355 |
| 244 | Tonix Pharmaceuticals Holding Corp.<sup>\*</sup> | 3897 |
| 2045 | Trevi Therapeutics Inc.<sup>\*</sup> | 26974 |
| 256 | USANA Health Sciences Inc.<sup>\*</sup> | 5082 |
| 1092 | Vanda Pharmaceuticals Inc.<sup>\*</sup> | 5853 |
| 2784 | Vaxcyte Inc.<sup>\*</sup> | 138114 |
| 6057 | Viatris Inc. | 64749 |
| 1516 | Voyager Therapeutics Inc.<sup>\*</sup> | 6200 |
| 85248 | Xeris Biopharma Holdings Inc.<sup>\*</sup> | 612081 |
|  | Total Pharmaceuticals | 14284696 |
|  | **TOTAL CONSUMER NON-CYCLICAL** | **150018003** |
| **ENERGY - 5.4%** | **ENERGY - 5.4%** |  |
| **Coal - 0.0%** | **Coal - 0.0%** |  |
| 291 | Alpha Metallurgical Resources Inc.<sup>\*</sup> | 46330 |
| 1307 | Core Natural Resources Inc. | 104560 |
| 749 | Hallador Energy Co.<sup>\*</sup> | 15272 |
| 74 | NACCO Industries Inc., Class A Shares | 3570 |
| 2898 | Peabody Energy Corp. | 78941 |
| 856 | Ramaco Resources Inc., Class A Shares<sup>\*</sup> | 13431 |
| 2130 | SunCoke Energy Inc. | 13887 |
| 1247 | Warrior Met Coal Inc. | 97628 |
|  | Total Coal | 373619 |
| **Energy-Alternate Sources - 1.1%** | **Energy-Alternate Sources - 1.1%** |  |
| 3917 | Array Technologies Inc.<sup>\*</sup> | 29417 |
| 1865 | ASP Isotopes Inc.<sup>\*</sup> | 11600 |
| 634 | Enphase Energy Inc.<sup>\*</sup> | 18291 |
| 343874 | Eos Energy Enterprises Inc.<sup>\*(a)</sup> | 5175304 |
| 544 | First Solar Inc.<sup>\*</sup> | 148469 |
| 2019 | Fluence Energy Inc., Class A Shares<sup>\*</sup> | 39653 |
| 480 | FutureFuel Corp. | 1584 |
| 7315 | Gevo Inc.<sup>\*</sup> | 15654 |
| 2042 | Green Plains Inc.<sup>\*</sup> | 21094 |
| 1406 | Montauk Renewables Inc.<sup>\*</sup> | 2292 |
| 17204 | Nextpower Inc., Class A Shares<sup>\*</sup> | 1576230 |
| 26555 | Plug Power Inc.<sup>\*(a)</sup> | 53376 |
| 770 | REX American Resources Corp.<sup>\*</sup> | 25402 |
| 47706 | Shoals Technologies Group Inc., Class A Shares<sup>\*</sup> | 400253 |
| 2107 | SunPower Inc.<sup>\*</sup> | 3645 |
| 5275 | Sunrun Inc.<sup>\*</sup> | 106819 |
| 4984 | T1 Energy Inc.<sup>\*</sup> | 20534 |
|  | Total Energy-Alternate Sources | 7649617 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **ENERGY - (continued)** | **ENERGY - (continued)** | **ENERGY - (continued)** |
| **Oil & Gas - 2.5%** | **Oil & Gas - 2.5%** |  |
| 36981 | Antero Resources Corp.<sup>\*</sup> | $1347218 |
| 1786 | APA Corp. | 44596 |
| 2782 | Berry Corp. | 9431 |
| 389 | BKV Corp.<sup>\*</sup> | 10740 |
| 6078 | Borr Drilling Ltd.<sup>\*</sup> | 20118 |
| 1571 | California Resources Corp. | 75062 |
| 296 | Chord Energy Corp. | 27783 |
| 35868 | Civitas Resources Inc. | 1053443 |
| 3446 | CNX Resources Corp.<sup>\*</sup> | 133843 |
| 1762 | Comstock Resources Inc.<sup>\*</sup> | 47327 |
| 4134 | Coterra Energy Inc. | 110957 |
| 4424 | Crescent Energy Co., Class A Shares | 41718 |
| 833 | CVR Energy Inc. | 28763 |
| 1452 | Delek US Holdings Inc. | 56149 |
| 3337 | Devon Energy Corp. | 123669 |
| 17006 | Diamondback Energy Inc. | 2594946 |
| 1574 | Diversified Energy Co. | 23673 |
| 322 | Empire Petroleum Corp.<sup>\*</sup> | 966 |
| 644 | Epsilon Energy Ltd. | 3098 |
| 44642 | EQT Corp. | 2716912 |
| 568 | Evolution Petroleum Corp. | 2232 |
| 21685 | Expand Energy Corp. | 2644052 |
| 1159 | Granite Ridge Resources Inc. | 5969 |
| 396 | Gulfport Energy Corp.<sup>\*</sup> | 88106 |
| 2575 | Helmerich & Payne Inc. | 71843 |
| 804 | HF Sinclair Corp. | 42540 |
| 638 | HighPeak Energy Inc.<sup>(a)</sup> | 4281 |
| 349 | Infinity Natural Resources Inc., Class A Shares<sup>\*</sup> | 4621 |
| 1147 | Kolibri Global Energy Inc.<sup>\*</sup> | 4611 |
| 12290 | Kosmos Energy Ltd.<sup>\*</sup> | 13765 |
| 4686 | Magnolia Oil & Gas Corp., Class A Shares | 108434 |
| 1643 | Marathon Petroleum Corp. | 318298 |
| 584 | Matador Resources Co. | 24762 |
| 3254 | Murphy Oil Corp. | 104356 |
| 431 | Nabors Industries Ltd.<sup>\*</sup> | 21494 |
| 3044 | Noble Corp. PLC | 93207 |
| 2217 | Northern Oil & Gas Inc. | 49639 |
| 3792 | Occidental Petroleum Corp. | 159264 |
| 1448 | Ovintiv Inc. | 59310 |
| 1232 | Par Pacific Holdings Inc.<sup>\*</sup> | 56241 |
| 8434 | Patterson-UTI Energy Inc. | 49002 |
| 1994 | PBF Energy Inc., Class A Shares | 68753 |
| 164907 | Permian Resources Corp., Class A Shares | 2389502 |
| 2197 | Phillips 66 | 300901 |
| 11 | PrimeEnergy Resources Corp.<sup>\*</sup> | 2020 |
| 1201 | Range Resources Corp. | 47427 |
| 258 | Riley Exploration Permian Inc. | 7067 |
| 1614 | Sable Offshore Corp.<sup>\*</sup> | 7053 |
| 733 | SandRidge Energy Inc. | 10365 |
| 1490 | Seadrill Ltd.<sup>\*</sup> | 45475 |
| 2744 | SM Energy Co. | 52273 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **ENERGY - (continued)** | **ENERGY - (continued)** | **ENERGY - (continued)** |
| **Oil & Gas - (continued)** | **Oil & Gas - (continued)** |  |
| 2797 | Talos Energy Inc.<sup>\*</sup> | $32054 |
| 106 | Texas Pacific Land Corp. | 91615 |
| 20706 | Transocean Ltd.<sup>\*</sup> | 91313 |
| 3503 | VAALCO Energy Inc. | 12541 |
| 1530 | Valaris Ltd.<sup>\*</sup> | 86307 |
| 1682 | Valero Energy Corp. | 297310 |
| 1030 | Viper Energy Inc., Class A Shares | 37626 |
| 722 | Vital Energy Inc.<sup>\*</sup> | 12945 |
| 780 | Vitesse Energy Inc. | 16505 |
| 4198 | W&T Offshore Inc. | 7430 |
| 22498 | Weatherford International PLC | 1682850 |
|  | Total Oil & Gas | 17695771 |
| **Oil & Gas Services - 1.6%** | **Oil & Gas Services - 1.6%** |  |
| 3995 | Archrock Inc. | 98037 |
| 2114 | Atlas Energy Solutions Inc., Class A Shares | 18223 |
| 5394 | Baker Hughes Co., Class A Shares | 270779 |
| 809 | Bristow Group Inc.<sup>\*</sup> | 30346 |
| 1196 | Core Laboratories Inc. | 18060 |
| 756 | DMC Global Inc.<sup>\*</sup> | 4695 |
| 4490 | DNOW Inc.<sup>\*</sup> | 62680 |
| 146643 | Expro Group Holdings NV<sup>\*</sup> | 2045670 |
| 19303 | Flotek Industries Inc.<sup>\*</sup> | 275840 |
| 539 | Flowco Holdings Inc., Class A Shares | 9147 |
| 416 | Forum Energy Technologies Inc.<sup>\*</sup> | 13062 |
| 4622 | Halliburton Co. | 121189 |
| 3748 | Helix Energy Solutions Group Inc.<sup>\*</sup> | 24962 |
| 818 | Innovex International Inc.<sup>\*</sup> | 18012 |
| 1845 | Kodiak Gas Services Inc. | 64944 |
| 19157 | Liberty Energy Inc., Class A Shares | 340611 |
| 1322 | Mammoth Energy Services Inc.<sup>\*</sup> | 2432 |
| 590 | Matrix Service Co.<sup>\*</sup> | 6897 |
| 38874 | National Energy Services Reunited Corp.<sup>\*</sup> | 541904 |
| 230 | Natural Gas Services Group Inc. | 7123 |
| 1854 | NOV Inc. | 28477 |
| 2240 | Oceaneering International Inc.<sup>\*</sup> | 54656 |
| 1294 | Oil States International Inc.<sup>\*</sup> | 8152 |
| 471 | ProFrac Holding Corp., Class A Shares<sup>\*</sup> | 1667 |
| 2138 | ProPetro Holding Corp.<sup>\*</sup> | 20461 |
| 530 | Ranger Energy Services Inc., Class A Shares | 7160 |
| 2004 | RPC Inc. | 10661 |
| 939 | SEACOR Marine Holdings Inc.<sup>\*</sup> | 6686 |
| 2336 | Select Water Solutions Inc., Class A Shares | 23594 |
| 59255 | Solaris Energy Infrastructure Inc., Class A Shares | 2837722 |
| 74104 | TechnipFMC PLC | 3353947 |
| 85760 | TETRA Technologies Inc.<sup>\*</sup> | 666355 |
| 1197 | Tidewater Inc.<sup>\*</sup> | 64662 |
|  | Total Oil & Gas Services | 11058813 |
| **Pipelines - 0.2%** | **Pipelines - 0.2%** |  |
| 1677 | Antero Midstream Corp. | 30203 |
| 1190 | Cheniere Energy Inc. | 248067 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **ENERGY - (continued)** | **ENERGY - (continued)** | **ENERGY - (continued)** |
| **Pipelines - (continued)** | **Pipelines - (continued)** |  |
| 518 | DT Midstream Inc. | $62916 |
| 668 | Excelerate Energy Inc., Class A Shares | 18758 |
| 2413 | Golar LNG Ltd. | 89160 |
| 10479 | Kinder Morgan Inc. | 286286 |
| 1055 | Kinetik Holdings Inc., Class A Shares<sup>(a)</sup> | 36587 |
| 5155 | New Fortress Energy Inc., Class A Shares<sup>\*(a)</sup> | 6289 |
| 3125 | NextDecade Corp.<sup>\*</sup> | 19094 |
| 3369 | ONEOK Inc. | 245331 |
| 322 | Summit Midstream Corp.<sup>\*</sup> | 8063 |
| 1138 | Targa Resources Corp. | 199503 |
|  | Total Pipelines | 1250257 |
|  | **TOTAL ENERGY** | **38028077** |
| **FINANCIAL - 16.9%** | **FINANCIAL - 16.9%** |  |
| **Banks - 6.2%** | **Banks - 6.2%** |  |
| 473 | 1st Source Corp. | 29534 |
| 281 | ACNB Corp. | 13600 |
| 687 | Alerus Financial Corp. | 14798 |
| 676 | Amalgamated Financial Corp. | 19841 |
| 948 | Amerant Bancorp Inc., Class A Shares | 17832 |
| 1658 | Ameris Bancorp | 125610 |
| 151 | Ames National Corp. | 3295 |
| 385 | Arrow Financial Corp. | 11608 |
| 87172 | Associated Banc-Corp. | 2291752 |
| 3572 | Atlantic Union Bankshares Corp. | 120841 |
| 501 | BancFirst Corp. | 55531 |
| 1093 | Bancorp Inc.<sup>\*</sup> | 70029 |
| 250 | Bank First Corp. | 31182 |
| 945 | Bank of Hawaii Corp. | 61935 |
| 360 | Bank of Marin Bancorp | 9740 |
| 3831 | Bank of New York Mellon Corp. | 429455 |
| 1037 | Bank of NT Butterfield & Son Ltd. | 48158 |
| 625 | Bank OZK | 28762 |
| 101 | Bank7 Corp. | 4184 |
| 1812 | BankUnited Inc. | 78297 |
| 135 | Bankwell Financial Group Inc. | 6196 |
| 815 | Banner Corp. | 51190 |
| 351 | Bar Harbor Bankshares | 10474 |
| 358 | BayCom Corp. | 10446 |
| 279 | BCB Bancorp Inc. | 2229 |
| 433 | Blue Foundry Bancorp<sup>\*</sup> | 4919 |
| 2146 | Blue Ridge Bankshares Inc. | 9292 |
| 125 | BOK Financial Corp. | 14077 |
| 715 | Bridgewater Bancshares Inc.<sup>\*</sup> | 12377 |
| 344 | Burke & Herbert Financial Services Corp. | 22443 |
| 824 | Business First Bancshares Inc. | 21440 |
| 790 | Byline Bancorp Inc. | 22057 |
| 105 | C&F Financial Corp. | 7292 |
| 4548 | Cadence Bank | 181192 |
| 472 | California BanCorp<sup>\*</sup> | 9162 |
| 492 | Camden National Corp. | 19896 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |
| **Banks - (continued)** | **Banks - (continued)** |  |
| 285 | Capital Bancorp Inc. | $7923 |
| 324 | Capital City Bank Group Inc. | 13582 |
| 540 | Carter Bankshares Inc.<sup>\*</sup> | 9920 |
| 1621 | Cathay General Bancorp | 78521 |
| 158 | CB Financial Services Inc. | 5601 |
| 669 | Central Pacific Financial Corp. | 19896 |
| 62 | Chemung Financial Corp. | 3266 |
| 298 | ChoiceOne Financial Services Inc. | 9071 |
| 325 | Citizens & Northern Corp. | 6552 |
| 49134 | Citizens Financial Group Inc. | 2658149 |
| 161 | Citizens Financial Services Inc. | 8998 |
| 8622 | City Holding Co. | 1045935 |
| 319 | Civista Bancshares Inc. | 7254 |
| 618 | CNB Financial Corp. | 16019 |
| 10954 | Coastal Financial Corp.<sup>\*</sup> | 1219728 |
| 353 | Colony Bankcorp Inc. | 6054 |
| 102775 | Columbia Banking System Inc. | 2848923 |
| 661 | Comerica Inc. | 53131 |
| 624 | Commerce Bancshares Inc. | 33640 |
| 1274 | Community Financial System Inc. | 72312 |
| 388 | Community Trust Bancorp Inc. | 21534 |
| 533 | Community West Bancshares | 12072 |
| 1315 | ConnectOne Bancorp Inc. | 33230 |
| 301 | Cullen/Frost Bankers Inc. | 37240 |
| 771 | Customers Bancorp Inc.<sup>\*</sup> | 53122 |
| 3173 | CVB Financial Corp. | 62445 |
| 930 | Dime Community Bancshares Inc. | 26366 |
| 745 | Eagle Bancorp Inc. | 14133 |
| 152 | Eagle Financial Services Inc. | 5711 |
| 702 | East West Bancorp Inc. | 74903 |
| 5378 | Eastern Bankshares Inc. | 101268 |
| 269 | ECB Bancorp Inc.<sup>\*</sup> | 4681 |
| 875 | Enterprise Financial Services Corp. | 47784 |
| 343 | Equity Bancshares Inc., Class A Shares | 14934 |
| 169 | Esquire Financial Holdings Inc. | 17248 |
| 280 | Farmers & Merchants Bancorp Inc. | 6860 |
| 862 | Farmers National Banc Corp. | 11715 |
| 603 | FB Bancorp Inc.<sup>\*</sup> | 7628 |
| 42345 | FB Financial Corp. | 2365392 |
| 90 | Fidelity D&D Bancorp Inc. | 3940 |
| 3548 | Fifth Third Bancorp | 154196 |
| 578 | Financial Institutions Inc. | 17687 |
| 304 | Finwise Bancorp<sup>\*</sup> | 5487 |
| 3896 | First BanCorp (Puerto Rico) | 77024 |
| 1050 | First Bancorp (Southern Pines NC) | 53561 |
| 227 | First Bancorp Inc. | 5809 |
| 461 | First Bank | 7245 |
| 2042 | First Busey Corp. | 48069 |
| 181 | First Business Financial Services Inc. | 9452 |
| 51 | First Citizens BancShares Inc., Class A Shares | 95772 |
| 2652 | First Commonwealth Financial Corp. | 43095 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Banks - (continued)** | **Banks - (continued)** |  |
| 424 | First Community Bankshares Inc. | $14170 |
| 257 | First Community Corp. | 7458 |
| 2282 | First Financial Bancorp | 56776 |
| 3381 | First Financial Bankshares Inc. | 105622 |
| 274 | First Financial Corp. | 15993 |
| 1977 | First Foundation Inc.<sup>\*</sup> | 10518 |
| 730 | First Hawaiian Inc. | 18192 |
| 107423 | First Horizon Corp. | 2399830 |
| 168 | First Internet Bancorp | 3200 |
| 74662 | First Interstate BancSystem Inc., Class A Shares | 2451900 |
| 1396 | First Merchants Corp. | 51429 |
| 582 | First Mid Bancshares Inc. | 22151 |
| 253 | First National Corp. | 6199 |
| 209 | First United Corp. | 7980 |
| 380 | Firstsun Capital Bancorp<sup>\*</sup> | 12703 |
| 404 | Five Star Bancorp | 13934 |
| 7318 | Flagstar Bank N.A. | 89572 |
| 2101 | FNB Corp. | 34961 |
| 138 | Franklin Financial Services Corp. | 7384 |
| 4398 | Fulton Financial Corp. | 79824 |
| 295 | FVCBankcorp Inc. | 3749 |
| 855 | German American Bancorp Inc. | 33944 |
| 3144 | Glacier Bancorp Inc. | 132991 |
| 204 | Great Southern Bancorp Inc. | 12273 |
| 2156 | Hancock Whitney Corp. | 130632 |
| 752 | Hanmi Financial Corp. | 20770 |
| 172 | Hanover Bancorp Inc. | 3913 |
| 207 | Hawthorn Bancshares Inc. | 7038 |
| 282 | HBT Financial Inc. | 6824 |
| 1439 | Heritage Commerce Corp. | 15671 |
| 866 | Heritage Financial Corp. | 20732 |
| 1215 | Hilltop Holdings Inc. | 41699 |
| 4706 | Home BancShares Inc. | 132050 |
| 2747 | Hope Bancorp Inc. | 29173 |
| 1084 | Horizon Bancorp Inc. | 18580 |
| 8298 | Huntington Bancshares Inc. | 135257 |
| 31797 | Independent Bank Corp. (Massachusetts) | 2290974 |
| 496 | Independent Bank Corp. (Michingan) | 16194 |
| 1316 | International Bancshares Corp. | 87488 |
| 168 | Investar Holding Corp. | 4166 |
| 444 | John Marshall Bancorp Inc. | 8880 |
| 1238 | Kearny Financial Corp. | 8505 |
| 141717 | KeyCorp | 2604758 |
| 652 | Lakeland Financial Corp. | 37986 |
| 157 | Landmark Bancorp Inc. | 4559 |
| 242 | LCNB Corp. | 3841 |
| 358 | LINKBANCORP Inc. | 2728 |
| 903 | Live Oak Bancshares Inc. | 28824 |
| 842 | M&T Bank Corp. | 160165 |
| 235 | MainStreet Bancshares Inc. | 4580 |
| 435 | Mechanics Bancorp, Class A Shares<sup>\*</sup> | 6760 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Banks - (continued)** | **Banks - (continued)** |  |
| 394 | Mercantile Bank Corp. | $18116 |
| 741 | Merchants Bancorp | 24223 |
| 315 | Meridian Corp. | 5034 |
| 440 | Metrocity Bankshares Inc. | 11726 |
| 259 | Metropolitan Bank Holding Corp. | 19324 |
| 603 | Mid Penn Bancorp Inc. | 17602 |
| 144 | Middlefield Banc Corp. | 5011 |
| 691 | Midland States Bancorp Inc. | 11236 |
| 558 | MidWestOne Financial Group Inc. | 22080 |
| 408 | MVB Financial Corp. | 11040 |
| 60602 | National Bank Holdings Corp., Class A Shares | 2255000 |
| 102 | National Bankshares Inc. | 3012 |
| 1048 | NB Bancorp Inc. | 20530 |
| 1223 | NBT Bancorp Inc. | 50706 |
| 919 | NewtekOne Inc. | 9815 |
| 320 | Nicolet Bankshares Inc. | 40314 |
| 202 | Northeast Bank | 17954 |
| 264 | Northeast Community Bancorp Inc. | 5586 |
| 1033 | Northern Trust Corp. | 135674 |
| 346 | Northpointe Bancshares Inc. | 6034 |
| 492 | Northrim BanCorp Inc. | 12084 |
| 272 | Norwood Financial Corp. | 7796 |
| 124 | Oak Valley Bancorp | 3484 |
| 1080 | OFG Bancorp | 42908 |
| 131 | Ohio Valley Banc Corp. | 5080 |
| 112556 | Old National Bancorp | 2445842 |
| 1093 | Old Second Bancorp Inc. | 20603 |
| 380 | OP Bancorp | 5111 |
| 214 | Orange County Bancorp Inc. | 5802 |
| 749 | Origin Bancorp Inc. | 27256 |
| 458 | Orrstown Financial Services Inc. | 16378 |
| 382 | Park National Corp. | 58656 |
| 193 | Parke Bancorp Inc. | 4418 |
| 559 | Pathward Financial Inc. | 40192 |
| 202 | PCB Bancorp | 4387 |
| 408 | Peapack-Gladstone Financial Corp. | 11016 |
| 890 | Peoples Bancorp Inc. | 26371 |
| 221 | Peoples Bancorp of North Carolina Inc. | 7238 |
| 214 | Peoples Financial Services Corp. | 10441 |
| 388 | Pinnacle Financial Partners Inc. | 35572 |
| 309 | Pioneer Bancorp Inc.<sup>\*</sup> | 4110 |
| 188 | Plumas Bancorp | 8161 |
| 612 | Ponce Financial Group Inc.<sup>\*</sup> | 9755 |
| 342 | Popular Inc. | 39231 |
| 319 | Preferred Bank | 30117 |
| 719 | Primis Financial Corp. | 8074 |
| 116 | Princeton Bancorp Inc. | 3989 |
| 460 | Prosperity Bancshares Inc. | 31607 |
| 426 | QCR Holdings Inc. | 34774 |
| 348 | RBB Bancorp | 6894 |
| 168 | Red River Bancshares Inc. | 11768 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Banks - (continued)** | **Banks - (continued)** |  |
| 4803 | Regions Financial Corp. | $122236 |
| 2273 | Renasant Corp. | 80555 |
| 203 | Republic Bancorp Inc., Class A Shares | 14009 |
| 315 | Richmond Mutual BanCorp Inc. | 4338 |
| 994 | S&T Bancorp Inc. | 39243 |
| 213 | SB Financial Group Inc. | 4557 |
| 2036 | Seacoast Banking Corp. of Florida | 64256 |
| 1247 | ServisFirst Bancshares Inc. | 88699 |
| 717 | Shore Bancshares Inc. | 12526 |
| 296 | Sierra Bancorp | 9194 |
| 3508 | Simmons First National Corp., Class A Shares | 65073 |
| 387 | SmartFinancial Inc. | 14033 |
| 269 | South Plains Financial Inc. | 10166 |
| 274 | Southern First Bancshares Inc.<sup>\*</sup> | 13908 |
| 734 | Southside Bancshares Inc. | 21528 |
| 26711 | Southstate Bank Corp. | 2390902 |
| 288 | SR Bancorp Inc. | 4432 |
| 1528 | State Street Corp. | 181863 |
| 1278 | Stellar Bancorp Inc. | 40398 |
| 534 | Sterling Bancorp Inc.<sup>\*(b)(c)</sup> |  |
| 671 | Stock Yards Bancorp Inc. | 44400 |
| 701 | Synovus Financial Corp. | 33788 |
| 1098 | Texas Capital Bancshares Inc.<sup>\*</sup> | 99007 |
| 260 | Third Coast Bancshares Inc.<sup>\*</sup> | 9909 |
| 316 | Tompkins Financial Corp. | 21839 |
| 1862 | Towne Bank | 62470 |
| 833 | TriCo Bancshares | 40067 |
| 582 | Triumph Financial Inc.<sup>\*</sup> | 31783 |
| 459 | TrustCo Bank Corp. NY | 19338 |
| 1356 | Trustmark Corp. | 52748 |
| 1804 | UMB Financial Corp. | 200388 |
| 135 | Union Bankshares Inc. | 3123 |
| 3544 | United Bankshares Inc. | 131979 |
| 2907 | United Community Banks Inc. | 88838 |
| 478 | United Security Bancshares | 4727 |
| 157 | Unity Bancorp Inc. | 7855 |
| 38499 | Univest Financial Corp. | 1224268 |
| 225628 | Valley National Bancorp | 2554109 |
| 106 | Virginia National Bankshares Corp. | 4304 |
| 857 | Walker & Dunlop Inc. | 55396 |
| 575 | Washington Trust Bancorp Inc. | 16330 |
| 852 | Webster Financial Corp. | 50779 |
| 2278 | WesBanco Inc. | 73511 |
| 363 | West BanCorp Inc. | 8066 |
| 16567 | Westamerica BanCorp | 794885 |
| 548 | Western Alliance Bancorp | 44678 |
| 647 | Western New England Bancorp Inc. | 7919 |
| 17574 | Wintrust Financial Corp. | 2355267 |
| 734 | Zions Bancorp N.A. | 39071 |
|  | Total Banks | 43792134 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Diversified Financial Services - 3.0%** | **Diversified Financial Services - 3.0%** |  |
| 694 | Acadian Asset Management Inc. | $31119 |
| 140 | Affiliated Managers Group Inc. | 37636 |
| 522 | Air Lease Corp., Class A Shares | 33371 |
| 53810 | Ally Financial Inc. | 2222353 |
| 1542 | AlTi Global Inc.<sup>\*</sup> | 6230 |
| 516 | Ameriprise Financial Inc. | 235162 |
| 997 | Ares Management Corp., Class A Shares | 156379 |
| 1504 | Artisan Partners Asset Management Inc., Class A Shares | 62386 |
| 189 | Atlanticus Holdings Corp.<sup>\*</sup> | 11142 |
| 270 | Bakkt Holdings Inc., Class A Shares<sup>\*</sup> | 4258 |
| 126 | Better Home & Finance Holding Co.<sup>\*</sup> | 6101 |
| 8648 | BGC Group Inc., Class A Shares | 75238 |
| 3120 | Blue Owl Capital Inc., Class A Shares | 46800 |
| 1120 | Bread Financial Holdings Inc. | 75858 |
| 643 | Brookfield Business Corp., Class A Shares | 22415 |
| 4597 | Burford Capital Ltd. | 43993 |
| 560 | Cboe Global Markets Inc. | 144575 |
| 254 | Circle Internet Group Inc., Class A Shares<sup>\*</sup> | 20302 |
| 9400 | CME Group Inc., Class A Shares | 2645724 |
| 730 | Cohen & Steers Inc. | 46172 |
| 1130 | Coinbase Global Inc., Class A Shares<sup>\*</sup> | 308287 |
| 629 | Columbia Financial Inc.<sup>\*</sup> | 9957 |
| 487 | Consumer Portfolio Services Inc.<sup>\*</sup> | 4027 |
| 24 | Credit Acceptance Corp.<sup>\*</sup> | 11087 |
| 4520 | Dave Inc.<sup>\*</sup> | 986535 |
| 60 | Diamond Hill Investment Group Inc. | 7080 |
| 750 | Enact Holdings Inc. | 29032 |
| 603 | Encore Capital Group Inc.<sup>\*</sup> | 31290 |
| 587 | Enova International Inc.<sup>\*</sup> | 76950 |
| 10673 | Evercore Inc., Class A Shares | 3416107 |
| 240 | Federal Agricultural Mortgage Corp., Class C Shares | 41222 |
| 163 | Finance Of America Cos., Inc., Class A Shares<sup>\*</sup> | 3905 |
| 141 | First Western Financial Inc.<sup>\*</sup> | 3433 |
| 275 | Forge Global Holdings Inc.<sup>\*</sup> | 12199 |
| 1553 | Franklin Resources Inc. | 35082 |
| 111 | Freedom Holding Corp.<sup>\*</sup> | 14641 |
| 282 | GBank Financial Holdings Inc.<sup>\*</sup> | 9549 |
| 1025 | GCM Grosvenor Inc., Class A Shares | 11254 |
| 200 | Hamilton Lane Inc., Class A Shares | 24787 |
| 276 | Houlihan Lokey Inc., Class A Shares | 48410 |
| 856 | International Money Express Inc.<sup>\*</sup> | 13045 |
| 1823 | Invesco Ltd. | 44572 |
| 624 | Janus Henderson Group PLC | 27275 |
| 777 | Jefferies Financial Group Inc. | 44724 |
| 282 | Jefferson Capital Inc. | 5914 |
| 495 | Lazard Inc., Class A Shares | 24998 |
| 41840 | LendingClub Corp.<sup>\*</sup> | 757304 |
| 311 | LendingTree Inc.<sup>\*</sup> | 17736 |
| 3009 | loanDepot Inc., Class A Shares<sup>\*</sup> | 8515 |
| 424 | LPL Financial Holdings Inc. | 150961 |
| 1309 | Marex Group PLC | 45540 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Diversified Financial Services - (continued)** | **Diversified Financial Services - (continued)** |  |
| 344 | Medallion Financial Corp. | $3419 |
| 15980 | Miami International Holdings Inc.<sup>\*</sup> | 728848 |
| 1860 | Moelis & Co., Class A Shares | 119356 |
| 2185 | Nasdaq Inc. | 198660 |
| 1639 | Navient Corp. | 20324 |
| 314 | Nelnet Inc., Class A Shares | 40581 |
| 1244 | NerdWallet Inc., Class A Shares<sup>\*</sup> | 18672 |
| 669 | OneMain Holdings Inc., Class A Shares | 41498 |
| 207 | Onity Group Inc.<sup>\*</sup> | 9222 |
| 1101 | Oportun Financial Corp.<sup>\*</sup> | 5692 |
| 748 | OppFi Inc. | 7405 |
| 4206 | Pagseguro Digital Ltd., Class A Shares | 44079 |
| 888 | Paysign Inc.<sup>\*</sup> | 4626 |
| 703 | PennyMac Financial Services Inc. | 94603 |
| 1427 | Perella Weinberg Partners, Class A Shares | 26057 |
| 435 | Piper Sandler Cos | 146117 |
| 555 | PJT Partners Inc., Class A Shares | 93246 |
| 979 | PRA Group Inc.<sup>\*</sup> | 15860 |
| 3298 | Radian Group Inc. | 117244 |
| 974 | Raymond James Financial Inc. | 152470 |
| 287 | Regional Management Corp. | 10917 |
| 112 | Resolute Holdings Management Inc.<sup>\*</sup> | 19896 |
| 4980 | Rocket Cos., Inc., Class A Shares | 99500 |
| 509 | Security National Financial Corp., Class A Shares<sup>\*</sup> | 4398 |
| 529 | SEI Investments Co. | 42775 |
| 167 | Silvercrest Asset Management Group Inc., Class A Shares | 2305 |
| 1055 | SLM Corp. | 30912 |
| 5979 | SoFi Technologies Inc.<sup>\*</sup> | 177696 |
| 1697 | StepStone Group Inc., Class A Shares | 107183 |
| 22510 | Stifel Financial Corp. | 2746220 |
| 11859 | StoneX Group Inc.<sup>\*</sup> | 1074544 |
| 222 | SWK Holdings Corp. | 3770 |
| 2028 | Synchrony Financial | 156886 |
| 1170 | T Rowe Price Group Inc. | 119785 |
| 652 | TPG Inc., Class A Shares | 38520 |
| 600 | Tradeweb Markets Inc., Class A Shares | 65316 |
| 2092 | Upstart Holdings Inc.<sup>\*</sup> | 94056 |
| 534 | UWM Holdings Corp. | 3124 |
| 211 | Velocity Financial Inc.<sup>\*</sup> | 4079 |
| 1063 | Victory Capital Holdings Inc., Class A Shares | 66852 |
| 426 | Virtu Financial Inc., Class A Shares | 15234 |
| 176 | Virtus Investment Partners Inc. | 28088 |
| 28283 | Voya Financial Inc. | 1988295 |
| 1928 | Western Union Co. | 16947 |
| 266 | Westwood Holdings Group Inc. | 4506 |
| 29920 | WisdomTree Inc. | 330317 |
| 63 | World Acceptance Corp.<sup>\*</sup> | 9744 |
| 2053 | XP Inc., Class A Shares | 40465 |
|  | Total Diversified Financial Services | 21342941 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Equity Real Estate Investment Trusts (REITs) - 3.8%** | **Equity Real Estate Investment Trusts (REITs) - 3.8%** |  |
| 3161 | Acadia Realty Trust | $65022 |
| 222 | ACRES Commercial Realty Corp.<sup>\*</sup> | 4709 |
| 2177 | Adamas Trust Inc. | 16589 |
| 301 | Advanced Flower Capital Inc. | 879 |
| 569 | AG Mortgage Investment Trust Inc. | 4654 |
| 5247 | AGNC Investment Corp. | 55041 |
| 29740 | Agree Realty Corp. | 2237043 |
| 1894 | Alexander & Baldwin Inc. | 29603 |
| 50 | Alexander's Inc. | 10596 |
| 879 | Alexandria Real Estate Equities Inc. | 47176 |
| 238 | Alpine Income Property Trust Inc. | 4127 |
| 1245 | American Assets Trust Inc. | 24277 |
| 3974 | American Healthcare REIT Inc. | 201800 |
| 1896 | American Homes 4 Rent, Class A Shares | 60899 |
| 1702 | Americold Realty Trust Inc. | 18433 |
| 290 | Angel Oak Mortgage REIT Inc. | 2552 |
| 3455 | Annaly Capital Management Inc. | 78774 |
| 3683 | Apartment Investment & Management Co., Class A Shares | 21030 |
| 3700 | Apollo Commercial Real Estate Finance Inc. | 37481 |
| 5373 | Apple Hospitality REIT Inc. | 63885 |
| 4891 | Arbor Realty Trust Inc.<sup>(a)</sup> | 43579 |
| 1981 | Ares Commercial Real Estate Corp. | 10499 |
| 2285 | Armada Hoffler Properties Inc. | 15012 |
| 2500 | ARMOUR Residential REIT Inc. | 43800 |
| 758 | AvalonBay Communities Inc. | 137911 |
| 3915 | Blackstone Mortgage Trust Inc., Class A Shares | 76225 |
| 1207 | Braemar Hotels & Resorts Inc. | 3223 |
| 4307 | Brandywine Realty Trust | 14773 |
| 3263 | BrightSpire Capital Inc., Class A Shares | 18305 |
| 1542 | Brixmor Property Group Inc. | 40308 |
| 4564 | Broadstone Net Lease Inc., Class A Shares | 80189 |
| 219 | BRT Apartments Corp. | 3206 |
| 878 | BXP Inc. | 63532 |
| 550 | Camden Property Trust | 58487 |
| 5168 | CareTrust REIT Inc. | 193955 |
| 590 | CBL & Associates Properties Inc. | 19718 |
| 474 | Centerspace | 31644 |
| 1602 | Chatham Lodging Trust | 10862 |
| 128163 | Chimera Investment Corp. | 1639205 |
| 884 | City Office REIT Inc. | 6020 |
| 3235 | Claros Mortgage Trust Inc.<sup>\*</sup> | 10773 |
| 642 | Community Healthcare Trust Inc. | 10002 |
| 57060 | COPT Defense Properties | 1753454 |
| 1001 | Cousins Properties Inc. | 25806 |
| 2339 | Crown Castle Inc. | 213504 |
| 41870 | CTO Realty Growth Inc. | 757010 |
| 1153 | CubeSmart | 42926 |
| 2509 | Curbline Properties Corp. | 60065 |
| 5531 | DiamondRock Hospitality Co. | 50387 |
| 1816 | Digital Realty Trust Inc. | 290778 |
| 5365 | Diversified Healthcare Trust | 25913 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Equity Real Estate Investment Trusts (REITs) - (continued)** | **Equity Real Estate Investment Trusts (REITs) - (continued)** |  |
| 3882 | Douglas Emmett Inc. | $47322 |
| 3163 | Dynex Capital Inc. | 44314 |
| 1009 | Easterly Government Properties Inc., Class A Shares | 21996 |
| 14291 | EastGroup Properties Inc. | 2589243 |
| 2514 | Ellington Financial Inc. | 34442 |
| 2299 | Elme Communities | 39911 |
| 3495 | Empire State Realty Trust Inc., Class A Shares | 24570 |
| 431 | EPR Properties | 22528 |
| 3000 | Equinix Inc. | 2259930 |
| 1040 | Equity LifeStyle Properties Inc. | 65385 |
| 2030 | Equity Residential | 125352 |
| 4960 | Essential Properties Realty Trust Inc. | 157034 |
| 345 | Essex Property Trust Inc. | 90949 |
| 1117 | Extra Space Storage Inc. | 148751 |
| 1048 | Farmland Partners Inc. | 10312 |
| 469 | Federal Realty Investment Trust | 46304 |
| 642 | First Industrial Realty Trust Inc. | 36748 |
| 2395 | Four Corners Property Trust Inc. | 57576 |
| 2113 | Franklin BSP Realty Trust Inc. | 22017 |
| 1845 | Franklin Street Properties Corp. | 1919 |
| 475 | FrontView REIT Inc. | 7258 |
| 1461 | Gaming & Leisure Properties Inc. | 63597 |
| 1294 | Getty Realty Corp. | 36840 |
| 1339 | Gladstone Commercial Corp. | 14809 |
| 760 | Gladstone Land Corp. | 7076 |
| 287 | Global Medical REIT Inc. | 9520 |
| 5254 | Global Net Lease Inc. | 43135 |
| 1930 | Healthcare Realty Trust Inc., Class A Shares | 35184 |
| 3550 | Healthpeak Properties Inc. | 64823 |
| 602 | Highwoods Properties Inc. | 16736 |
| 3502 | Host Hotels & Resorts Inc. | 61740 |
| 8439 | Hudson Pacific Properties Inc.<sup>\*</sup> | 16709 |
| 5618 | Independence Realty Trust Inc. | 96349 |
| 1352 | Industrial Logistics Properties Trust | 7490 |
| 657 | Innovative Industrial Properties Inc., Class A Shares | 32489 |
| 1863 | InvenTrust Properties Corp. | 53170 |
| 1624 | Invesco Mortgage Capital Inc. | 13317 |
| 3311 | Invitation Homes Inc. | 93370 |
| 1563 | Iron Mountain Inc. | 134965 |
| 1518 | JBG SMITH Properties | 27673 |
| 687 | Kilroy Realty Corp. | 29465 |
| 3430 | Kimco Realty Corp. | 70864 |
| 5550 | Kite Realty Group Trust | 128427 |
| 1468 | KKR Real Estate Finance Trust Inc. | 12463 |
| 2949 | Ladder Capital Corp., Class A Shares | 32586 |
| 487 | Lamar Advertising Co., Class A Shares | 64474 |
| 362 | Lineage Inc. | 12967 |
| 1227 | LTC Properties Inc. | 44773 |
| 1707 | Lument Finance Trust Inc. | 2782 |
| 1396 | LXP Industrial Trust | 67706 |
| 6388 | Macerich Co. | 110896 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Equity Real Estate Investment Trusts (REITs) - (continued)** | **Equity Real Estate Investment Trusts (REITs) - (continued)** |  |
| 3362 | Medical Properties Trust Inc.<sup>(a)</sup> | $19365 |
| 2656 | MFA Financial Inc. | 25551 |
| 599 | Mid-America Apartment Communities Inc. | 81398 |
| 630 | Millrose Properties Inc. | 19190 |
| 318 | Modiv Industrial Inc., Class C Shares | 4738 |
| 1113 | National Health Investors Inc. | 88461 |
| 45554 | National Storage Affiliates Trust | 1341565 |
| 354 | NET Lease Office Properties | 10439 |
| 2307 | NETSTREIT Corp.<sup>(a)</sup> | 42287 |
| 196 | Nexpoint Real Estate Finance Inc. | 2838 |
| 580 | NexPoint Residential Trust Inc. | 18450 |
| 948 | NNN REIT Inc. | 39200 |
| 1465 | Omega Healthcare Investors Inc. | 67273 |
| 364 | One Liberty Properties Inc. | 7586 |
| 3123 | Orchid Island Capital Inc. | 22579 |
| 3332 | Outfront Media Inc. | 78402 |
| 4701 | Paramount Group Inc.<sup>\*</sup> | 30980 |
| 1181 | Park Hotels & Resorts Inc. | 12778 |
| 828 | Peakstone Realty Trust | 11319 |
| 3115 | Pebblebrook Hotel Trust | 35324 |
| 2247 | PennyMac Mortgage Investment Trust | 28851 |
| 3054 | Phillips Edison & Co., Inc. | 108417 |
| 3200 | Piedmont Realty Trust Inc., Class A Shares | 27968 |
| 973 | Plymouth Industrial REIT Inc. | 21348 |
| 814 | Postal Realty Trust Inc., Class A Shares | 12650 |
| 1885 | PotlatchDeltic Corp. | 75852 |
| 912 | Rayonier Inc. | 20256 |
| 4168 | Ready Capital Corp. | 10545 |
| 4864 | Realty Income Corp. | 280215 |
| 3370 | Redwood Trust Inc. | 18569 |
| 926 | Regency Centers Corp. | 65894 |
| 1301 | Rexford Industrial Realty Inc. | 54135 |
| 3036 | Rithm Capital Corp. | 34884 |
| 1505 | Rithm Property Trust Inc. | 4033 |
| 3966 | RLJ Lodging Trust | 29904 |
| 1469 | Ryman Hospitality Properties Inc. | 140187 |
| 5910 | Sabra Health Care REIT Inc. | 115304 |
| 1335 | Safehold Inc. | 18516 |
| 315 | Saul Centers Inc. | 9796 |
| 588 | SBA Communications Corp., Class A Shares | 114231 |
| 3830 | Service Properties Trust | 6664 |
| 590 | Seven Hills Realty Trust | 5168 |
| 1307 | Sila Realty Trust Inc. | 31263 |
| 1744 | Simon Property Group Inc. | 324942 |
| 1157 | SITE Centers Corp. | 8516 |
| 1738 | SL Green Realty Corp. | 81912 |
| 800 | Smartstop Self Storage REIT Inc. | 26144 |
| 51500 | STAG Industrial Inc. | 2022920 |
| 84822 | Starwood Property Trust Inc. | 1555635 |
| 354 | Strawberry Fields REIT Inc. | 4436 |
| 2608 | Summit Hotel Properties Inc. | 13979 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Equity Real Estate Investment Trusts (REITs) - (continued)** | **Equity Real Estate Investment Trusts (REITs) - (continued)** |  |
| 650 | Sun Communities Inc. | $83746 |
| 400 | Sunrise Realty Trust Inc. | 4020 |
| 4571 | Sunstone Hotel Investors Inc. | 42785 |
| 2694 | Tanger Inc. | 90465 |
| 2554 | Terreno Realty Corp. | 160366 |
| 1453 | TPG RE Finance Trust Inc. | 13208 |
| 2688 | Two Harbors Investment Corp. | 27256 |
| 1695 | UDR Inc. | 61732 |
| 2039 | UMH Properties Inc. | 30850 |
| 307 | Universal Health Realty Income Trust | 12480 |
| 3045 | Urban Edge Properties | 58525 |
| 30936 | Ventas Inc. | 2494370 |
| 2039 | Veris Residential Inc. | 30707 |
| 5597 | VICI Properties Inc., Class A Shares | 161306 |
| 888 | Vornado Realty Trust | 32696 |
| 3737 | Weyerhaeuser Co. | 82999 |
| 1220 | Whitestone REIT, Class B Shares | 16214 |
| 1112 | WP Carey Inc. | 74915 |
| 2660 | Xenia Hotels & Resorts Inc. | 37187 |
|  | Total Equity Real Estate Investment Trusts (REITs) | 26744581 |
| **Insurance - 2.3%** | **Insurance - 2.3%** |  |
| 981 | Abacus Global Management Inc.<sup>\*</sup> | 6504 |
| 1422 | Allstate Corp. | 302858 |
| 525 | American Coastal Insurance Corp. | 6274 |
| 335 | American Financial Group Inc. | 46136 |
| 489 | AMERISAFE Inc. | 19951 |
| 1935 | Arch Capital Group Ltd.<sup>\*</sup> | 181735 |
| 9300 | Arthur J Gallagher & Co. | 2302866 |
| 375 | Aspen Insurance Holdings Ltd., Class A Shares<sup>\*</sup> | 13894 |
| 258 | Assurant Inc. | 58865 |
| 229 | Assured Guaranty Ltd. | 20734 |
| 384 | Axis Capital Holdings Ltd. | 39260 |
| 1689 | Baldwin Insurance Group Inc., Class A Shares<sup>\*</sup> | 48153 |
| 435 | Bowhead Specialty Holdings Inc.<sup>\*</sup> | 12115 |
| 352 | Brighthouse Financial Inc.<sup>\*</sup> | 23074 |
| 1469 | Brown & Brown Inc. | 118152 |
| 824 | Cincinnati Financial Corp. | 138094 |
| 1628 | Citizens Inc., Class A Shares<sup>\*</sup> | 9703 |
| 113 | CNA Financial Corp. | 5283 |
| 2394 | CNO Financial Group Inc. | 97986 |
| 1465 | Corebridge Financial Inc. | 43979 |
| 327 | Crawford & Co., Class A Shares | 3656 |
| 483 | Donegal Group Inc., Class A Shares | 9723 |
| 1016 | eHealth Inc.<sup>\*</sup> | 4145 |
| 640 | Employers Holdings Inc. | 25504 |
| 1575 | Equitable Holdings Inc. | 73537 |
| 2372 | Essent Group Ltd. | 148867 |
| 216 | Everest Group Ltd. | 67887 |
| 468 | F&G Annuities & Life Inc. | 15121 |
| 1416 | Fidelis Insurance Holdings Ltd. | 26961 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Insurance - (continued)** | **Insurance - (continued)** |  |
| 1336 | Fidelity National Financial Inc. | $79398 |
| 22078 | First American Financial Corp. | 1451849 |
| 9916 | Genworth Financial Inc., Class A Shares<sup>\*</sup> | 86071 |
| 462 | Globe Life Inc. | 62245 |
| 298 | GoHealth Inc., Class A Shares<sup>\*</sup> | 894 |
| 571 | Goosehead Insurance Inc., Class A Shares | 40855 |
| 622 | Greenlight Capital Re Ltd., Class A Shares<sup>\*</sup> | 8217 |
| 1209 | Hamilton Insurance Group Ltd., Class B Shares<sup>\*</sup> | 32981 |
| 10772 | Hanover Insurance Group Inc. | 1998745 |
| 16004 | Hartford Insurance Group Inc. | 2193028 |
| 3285 | HCI Group Inc. | 583909 |
| 553 | Heritage Insurance Holdings Inc.<sup>\*</sup> | 16065 |
| 470 | Hippo Holdings Inc.<sup>\*</sup> | 15407 |
| 1075 | Horace Mann Educators Corp. | 49213 |
| 31 | Investors Title Co. | 8646 |
| 1789 | Jackson Financial Inc., Class A Shares | 175340 |
| 1462 | James River Group Holdings Inc. | 8611 |
| 352 | Kemper Corp. | 14333 |
| 79 | Kestrel Group Ltd.<sup>\*</sup> | 1176 |
| 388 | Kingstone Cos., Inc. | 5905 |
| 301 | Kingsway Financial Services Inc.<sup>\*</sup> | 3913 |
| 113 | Kinsale Capital Group Inc. | 43494 |
| 1332 | Lemonade Inc.<sup>\*</sup> | 104056 |
| 853 | Lincoln National Corp. | 35092 |
| 937 | Loews Corp. | 101074 |
| 66 | Markel Group Inc.<sup>\*</sup> | 137309 |
| 900 | MBIA Inc.<sup>\*</sup> | 6795 |
| 704 | Mercury General Corp. | 65556 |
| 63608 | MGIC Investment Corp. | 1803287 |
| 211 | NI Holdings Inc.<sup>\*</sup> | 2865 |
| 29335 | NMI Holdings Inc., Class A Shares<sup>\*</sup> | 1119130 |
| 1080 | Octave Specialty Group Inc.<sup>\*</sup> | 9709 |
| 1291 | Old Republic International Corp. | 59515 |
| 637 | Palomar Holdings Inc.<sup>\*</sup> | 79122 |
| 185 | Primerica Inc. | 47604 |
| 1218 | Principal Financial Group Inc. | 103311 |
| 1283 | ProAssurance Corp.<sup>\*</sup> | 30895 |
| 1879 | Prudential Financial Inc. | 203402 |
| 338 | Reinsurance Group of America Inc. | 64176 |
| 244 | RenaissanceRe Holdings Ltd. | 63725 |
| 410 | RLI Corp. | 25281 |
| 250 | Root Inc., Class A Shares<sup>\*</sup> | 20222 |
| 530 | Ryan Specialty Holdings Inc., Class A Shares | 30777 |
| 379 | Safety Insurance Group Inc. | 28812 |
| 1502 | Selective Insurance Group Inc. | 117997 |
| 3276 | Selectquote Inc.<sup>\*</sup> | 4750 |
| 2562 | SiriusPoint Ltd.<sup>\*</sup> | 53290 |
| 852 | Skyward Specialty Insurance Group Inc.<sup>\*</sup> | 41714 |
| 650 | Slide Insurance Holdings Inc.<sup>\*</sup> | 10978 |
| 712 | Stewart Information Services Corp. | 54561 |
| 592 | Tiptree Inc. | 11118 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Insurance - (continued)** | **Insurance - (continued)** |  |
| 884 | Trupanion Inc.<sup>\*</sup> | $31196 |
| 16961 | TypTap Insurance Group Inc.<sup>\*</sup> | 319715 |
| 567 | United Fire Group Inc. | 20724 |
| 674 | Universal Insurance Holdings Inc. | 22330 |
| 888 | Unum Group | 67461 |
| 15 | White Mountains Insurance Group Ltd. | 30364 |
| 528 | Willis Towers Watson PLC | 169488 |
| 1611 | WR Berkley Corp. | 125159 |
|  | Total Insurance | 15973872 |
| **Investment Companies - 0.9%** | **Investment Companies - 0.9%** |  |
| 7736 | Bit Digital Inc.<sup>\*</sup> | 18412 |
| 2183 | Bitdeer Technologies Group, Class A Shares<sup>\*</sup> | 29274 |
| 1453 | Cannae Holdings Inc. | 23393 |
| 36008 | Cipher Mining Inc.<sup>\*</sup> | 732763 |
| 6675 | Cleanspark Inc.<sup>\*</sup> | 100792 |
| 98731 | Core Scientific Inc.<sup>\*</sup> | 1667567 |
| 2422 | FTAI Infrastructure Inc. | 10366 |
| 2947 | HA Sustainable Infrastructure Capital Inc., REIT | 101259 |
| 9117 | Hut 8 Corp.<sup>\*</sup> | 410265 |
| 10204 | IREN Ltd.<sup>\*</sup> | 487853 |
| 9041 | MARA Holdings Inc.<sup>\*</sup> | 106774 |
| 8505 | Riot Platforms Inc.<sup>\*</sup> | 137186 |
| 173031 | Terawulf Inc.<sup>\*</sup> | 2683711 |
|  | Total Investment Companies | 6509615 |
| **Private Equity - 0.0%** | **Private Equity - 0.0%** |  |
| 1342 | Carlyle Group Inc. | 73179 |
| 367 | Chicago Atlantic Real Estate Finance Inc., REIT | 4683 |
| 1605 | P10 Inc., Class A Shares | 15055 |
| 1705 | Patria Investments Ltd., Class A Shares | 25694 |
|  | Total Private Equity | 118611 |
| **Real Estate - 0.6%** | **Real Estate - 0.6%** |  |
| 2688 | Anywhere Real Estate Inc.<sup>\*</sup> | 38304 |
| 1618 | CBRE Group Inc., Class A Shares<sup>\*</sup> | 261841 |
| 11440 | Compass Inc., Class A Shares<sup>\*</sup> | 119205 |
| 2213 | CoStar Group Inc.<sup>\*</sup> | 152255 |
| 5823 | Cushman & Wakefield Ltd.<sup>\*</sup> | 97535 |
| 2537 | Douglas Elliman Inc.<sup>\*</sup> | 6723 |
| 2112 | eXp World Holdings Inc. | 23971 |
| 306 | FRP Holdings Inc.<sup>\*</sup> | 7133 |
| 173 | Howard Hughes Holdings Inc.<sup>\*</sup> | 15489 |
| 241 | Jones Lang LaSalle Inc.<sup>\*</sup> | 78491 |
| 2946 | Kennedy-Wilson Holdings Inc. | 28665 |
| 241 | Legacy Housing Corp.<sup>\*</sup> | 4803 |
| 598 | Marcus & Millichap Inc. | 17521 |
| 190 | Maui Land & Pineapple Co., Inc.<sup>\*</sup> | 3012 |
| 590 | McGrath RentCorp | 60817 |
| 188836 | Newmark Group Inc., Class A Shares | 3281970 |
| 638 | RE/MAX Holdings Inc., Class A Shares<sup>\*</sup> | 5244 |
| 2345 | Real Brokerage Inc.<sup>\*</sup> | 9310 |
| 595 | RMR Group Inc., Class A Shares | 9074 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Real Estate - (continued)** | **Real Estate - (continued)** |  |
| 242 | Seaport Entertainment Group Inc.<sup>\*</sup> | $5193 |
| 593 | Sky Harbour Group Corp., Class A Shares<sup>\*</sup> | 5479 |
| 949 | St Joe Co. | 57253 |
| 128 | Stratus Properties Inc.<sup>\*</sup> | 2835 |
|  | Total Real Estate | 4292123 |
| **Savings & Loans - 0.1%** | **Savings & Loans - 0.1%** |  |
| 1306 | Axos Financial Inc.<sup>\*</sup> | 107327 |
| 3122 | Banc of California Inc. | 57570 |
| 382 | BankFinancial Corp. | 4492 |
| 2060 | Beacon Financial Corp. | 52715 |
| 294 | BV Financial Inc.<sup>\*</sup> | 5392 |
| 3137 | Capitol Federal Financial Inc. | 20736 |
| 94 | CF Bankshares Inc. | 2248 |
| 323 | Citizens Community Bancorp Inc. | 5572 |
| 255 | Eagle Bancorp Montana Inc. | 4233 |
| 84 | Finward Bancorp | 3192 |
| 109 | First Capital Inc. | 5449 |
| 185 | First Savings Financial Group Inc. | 5765 |
| 987 | Flushing Financial Corp. | 16197 |
| 236 | FS Bancorp Inc. | 9664 |
| 248 | Greene County Bancorp Inc. | 5654 |
| 36 | Hingham Institution For Savings The | 10545 |
| 156 | Home Bancorp Inc. | 8653 |
| 350 | HomeTrust Bancshares Inc. | 14353 |
| 882 | Northfield Bancorp Inc. | 9481 |
| 3592 | Northwest Bancshares Inc. | 42960 |
| 1479 | OceanFirst Financial Corp. | 27879 |
| 3333 | Provident Financial Services Inc. | 63927 |
| 725 | Riverview Bancorp Inc. | 3821 |
| 80 | Sound Financial Bancorp Inc. | 3545 |
| 233 | Southern Missouri Bancorp Inc. | 13116 |
| 210 | TFS Financial Corp. | 2992 |
| 153 | Timberland Bancorp Inc. | 5233 |
| 1927 | WaFd Inc. | 61009 |
| 338 | Waterstone Financial Inc. | 5293 |
| 1397 | WSFS Financial Corp. | 77967 |
|  | Total Savings & Loans | 656980 |
|  | **TOTAL FINANCIAL** | **119430857** |
| **GOVERNMENT - 0.0%** | **GOVERNMENT - 0.0%** |  |
| **Multi-National - 0.0%** | **Multi-National - 0.0%** |  |
| 696 | Banco Latinoamericano de Comercio Exterior SA, Class E Shares | 31250 |
| **INDUSTRIAL - 20.4%** | **INDUSTRIAL - 20.4%** |  |
| **Aerospace/Defense - 3.2%** | **Aerospace/Defense - 3.2%** |  |
| 904 | AAR Corp.<sup>\*</sup> | 75222 |
| 8523 | AeroVironment Inc.<sup>\*</sup> | 2381838 |
| 782 | AerSale Corp.<sup>\*</sup> | 5060 |
| 100179 | Amprius Technologies Inc.<sup>\*</sup> | 1134026 |
| 15162 | Archer Aviation Inc., Class A Shares<sup>\*</sup> | 118112 |
| 21353 | Astronics Corp.<sup>\*</sup> | 1165233 |
| 13689 | ATI Inc.<sup>\*</sup> | 1379851 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |  |
| **Aerospace/Defense - (continued)** | **Aerospace/Defense - (continued)** |  |
| 5579 | Curtiss-Wright Corp. | $3148174 |
| 343 | Ducommun Inc.<sup>\*</sup> | 31450 |
| 1635 | Eve Holding Inc.<sup>\*</sup> | 6442 |
| 16014 | FTAI Aviation Ltd. | 2774265 |
| 218 | HEICO Corp. | 69086 |
| 411 | HEICO Corp., Class A Shares | 101505 |
| 58816 | Hexcel Corp. | 4483544 |
| 2164 | Howmet Aerospace Inc. | 442733 |
| 2558 | Intuitive Machines Inc., Class A Shares<sup>\*</sup> | 24301 |
| 11440 | Joby Aviation Inc.<sup>\*</sup> | 165079 |
| 26312 | Karman Holdings Inc.<sup>\*</sup> | 1763693 |
| 4075 | Kratos Defense & Security Solutions Inc.<sup>\*</sup> | 310108 |
| 1006 | L3Harris Technologies Inc. | 280362 |
| 467 | Leonardo DRS Inc. | 15957 |
| 252 | Loar Holdings Inc.<sup>\*</sup> | 17249 |
| 10713 | Mercury Systems Inc.<sup>\*</sup> | 748732 |
| 703 | Moog Inc., Class A Shares | 161465 |
| 122 | National Presto Industries Inc. | 11450 |
| 2210 | Red Cat Holdings Inc.<sup>\*(a)</sup> | 16398 |
| 990 | Redwire Corp.<sup>\*(a)</sup> | 5455 |
| 26180 | Rocket Lab Corp.<sup>\*</sup> | 1103225 |
| 665 | Spirit AeroSystems Holdings Inc., Class A Shares<sup>\*</sup> | 24425 |
| 773 | StandardAero Inc.<sup>\*</sup> | 20191 |
| 10016 | TAT Technologies Ltd.<sup>\*</sup> | 384815 |
| 334 | Voyager Technologies Inc., Class A Shares<sup>\*</sup> | 7508 |
|  | Total Aerospace/Defense | 22376954 |
| **Building Materials - 1.5%** | **Building Materials - 1.5%** |  |
| 39730 | AAON Inc. | 3713960 |
| 762 | AirJoule Technologies Corp.<sup>\*</sup> | 2484 |
| 406 | American Woodmark Corp.<sup>\*</sup> | 22383 |
| 573 | Apogee Enterprises Inc. | 20863 |
| 8627 | Armstrong World Industries Inc. | 1636887 |
| 1498 | Aspen Aerogels Inc.<sup>\*</sup> | 4824 |
| 919 | Boise Cascade Co. | 70065 |
| 573 | Builders FirstSource Inc.<sup>\*</sup> | 64308 |
| 221 | Carlisle Cos., Inc. | 70294 |
| 166 | Eagle Materials Inc. | 37138 |
| 608 | Fortune Brands Innovations Inc. | 31391 |
| 709 | Gibraltar Industries Inc.<sup>\*</sup> | 35422 |
| 943 | Griffon Corp. | 70725 |
| 1241 | Hayward Holdings Inc.<sup>\*</sup> | 20414 |
| 885 | James Hardie Industries PLC<sup>\*</sup> | 17505 |
| 2225 | JELD-WEN Holding Inc.<sup>\*</sup> | 5941 |
| 1432 | Knife River Corp.<sup>\*</sup> | 107171 |
| 169 | Lennox International Inc. | 84309 |
| 315 | Louisiana-Pacific Corp. | 25833 |
| 683 | LSI Industries Inc. | 12492 |
| 318 | Martin Marietta Materials Inc. | 198190 |
| 1083 | Masco Corp. | 70254 |
| 3352 | Masterbrand Inc.<sup>\*</sup> | 37174 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |  |
| **Building Materials - (continued)** | **Building Materials - (continued)** |  |
| 8634 | Modine Manufacturing Co.<sup>\*</sup> | $1399830 |
| 256 | Mohawk Industries Inc.<sup>\*</sup> | 29670 |
| 226 | NWPX Infrastructure Inc.<sup>\*</sup> | 13248 |
| 435 | Owens Corning | 49259 |
| 211 | Simpson Manufacturing Co., Inc. | 35317 |
| 30 | Smith-Midland Corp.<sup>\*</sup> | 1045 |
| 1192 | SPX Technologies Inc.<sup>\*</sup> | 256328 |
| 579 | Tecnoglass Inc. | 28823 |
| 36883 | Tecogen Inc.<sup>\*</sup> | 275147 |
| 762 | Titan America SA<sup>\*</sup> | 12375 |
| 535 | Trex Co., Inc.<sup>\*</sup> | 18714 |
| 1508 | UFP Industries Inc. | 140229 |
| 7601 | Vulcan Materials Co. | 2259321 |
|  | Total Building Materials | 10879333 |
| **Electrical Components & Equipment - 0.7%** | **Electrical Components & Equipment - 0.7%** |  |
| 157 | Acuity Inc. | 57528 |
| 25141 | American Superconductor Corp.<sup>\*</sup> | 781634 |
| 1254 | AMETEK Inc. | 248154 |
| 722 | AZZ Inc. | 76113 |
| 14767 | Belden Inc. | 1674578 |
| 1561 | Energizer Holdings Inc. | 28457 |
| 935 | EnerSys | 133808 |
| 296 | Generac Holdings Inc.<sup>\*</sup> | 44882 |
| 8839 | Graham Corp.<sup>\*</sup> | 508242 |
| 446 | Insteel Industries Inc. | 13639 |
| 145 | Littelfuse Inc. | 37123 |
| 18833 | nLight Inc.<sup>\*</sup> | 663487 |
| 874 | Novanta Inc.<sup>\*</sup> | 99339 |
| 1502 | Powell Industries Inc. | 485476 |
| 221 | Universal Display Corp. | 26284 |
|  | Total Electrical Components & Equipment | 4878744 |
| **Electronics - 2.8%** | **Electronics - 2.8%** |  |
| 943 | Advanced Energy Industries Inc. | 199152 |
| 441 | Allegion PLC | 73219 |
| 12292 | Allient Inc. | 662047 |
| 16963 | Applied Optoelectronics Inc.<sup>\*</sup> | 454269 |
| 260 | Arrow Electronics Inc.<sup>\*</sup> | 28083 |
| 825 | Atkore Inc. | 55234 |
| 2009 | Atmus Filtration Technologies Inc. | 101676 |
| 425 | Avnet Inc. | 20192 |
| 737 | Badger Meter Inc. | 131584 |
| 39 | Bel Fuse Inc., Class A Shares | 5130 |
| 261 | Bel Fuse Inc., Class B Shares | 40202 |
| 934 | Benchmark Electronics Inc. | 41965 |
| 4669 | Celestica Inc.<sup>\*</sup> | 1608050 |
| 10404 | Coherent Corp.<sup>\*</sup> | 1708961 |
| 786 | CTS Corp. | 33271 |
| 3905 | Enovix Corp.<sup>\*</sup> | 30420 |
| 651 | ESCO Technologies Inc. | 138604 |
| 118126 | Evolv Technologies Holdings Inc.<sup>\*</sup> | 754825 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |  |
| **Electronics - (continued)** | **Electronics - (continued)** |  |
| 2046 | Flex Ltd.<sup>\*</sup> | $120939 |
| 1863 | Fortive Corp. | 99633 |
| 864 | Garmin Ltd. | 168756 |
| 282 | Hubbell Inc., Class B Shares | 121663 |
| 171 | Ingram Micro Holding Corp. | 3661 |
| 1134 | Itron Inc.<sup>\*</sup> | 112311 |
| 12366 | Jabil Inc. | 2605640 |
| 917 | Keysight Technologies Inc.<sup>\*</sup> | 181520 |
| 569 | Kimball Electronics Inc.<sup>\*</sup> | 16444 |
| 2273 | Knowles Corp.<sup>\*</sup> | 51097 |
| 4883 | Kopin Corp.<sup>\*</sup> | 11915 |
| 1149 | KULR Technology Group Inc.<sup>\*</sup> | 3723 |
| 126 | Mesa Laboratories Inc. | 10105 |
| 112 | Mettler-Toledo International Inc.<sup>\*</sup> | 165393 |
| 6353 | MicroVision Inc.<sup>\*(a)</sup> | 5984 |
| 5720 | Mirion Technologies Inc., Class A Shares<sup>\*</sup> | 148834 |
| 60 | M-Tron Industries Inc.<sup>\*</sup> | 3100 |
| 916 | Napco Security Technologies Inc. | 37006 |
| 344 | Neonode Inc.<sup>\*</sup> | 767 |
| 107 | NVE Corp. | 6842 |
| 12410 | nVent Electric PLC | 1331221 |
| 387 | OSI Systems Inc.<sup>\*</sup> | 104819 |
| 648 | Plexus Corp.<sup>\*</sup> | 92632 |
| 655 | Ralliant Corp. | 32337 |
| 1307 | Sanmina Corp.<sup>\*</sup> | 204108 |
| 883 | Sensata Technologies Holding PLC | 28318 |
| 7257 | Standard BioTools Inc.<sup>\*</sup> | 10886 |
| 13002 | TD SYNNEX Corp. | 1982545 |
| 10700 | TE Connectivity PLC | 2419805 |
| 1307 | Trimble Inc.<sup>\*</sup> | 106416 |
| 2530 | TTM Technologies Inc.<sup>\*</sup> | 177555 |
| 358 | Turtle Beach Corp.<sup>\*</sup> | 4969 |
| 586 | Vicor Corp.<sup>\*</sup> | 52359 |
| 2885 | Vishay Intertechnology Inc. | 39438 |
| 739 | Vontier Corp. | 26811 |
| 11372 | Woodward Inc. | 3411941 |
|  | Total Electronics | 19988377 |
| **Engineering & Construction - 2.4%** | **Engineering & Construction - 2.4%** |  |
| 502 | 908 Devices Inc.<sup>\*</sup> | 3188 |
| 680 | AECOM | 70128 |
| 1217 | Arcosa Inc. | 129659 |
| 2256 | Argan Inc. | 891571 |
| 408 | Bowman Consulting Group Ltd.<sup>\*</sup> | 14761 |
| 1788 | Centuri Holdings Inc.<sup>\*</sup> | 40212 |
| 3422 | Comfort Systems USA Inc. | 3343089 |
| 473 | Concrete Pumping Holdings Inc. | 2975 |
| 7889 | Construction Partners Inc., Class A Shares<sup>\*</sup> | 859901 |
| 696 | Dycom Industries Inc.<sup>\*</sup> | 251625 |
| 4633 | EMCOR Group Inc. | 2849619 |
| 413 | Energy Services of America Corp. | 3696 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |
| **Engineering & Construction - (continued)** | **Engineering & Construction - (continued)** | **Engineering & Construction - (continued)** | **Engineering & Construction - (continued)** |
| 15306 | Everus Construction Group Inc.<sup>\*</sup> | $| 1407540 |
| 1227 | Exponent Inc. |  | 88712 |
| 3990 | Fluor Corp.<sup>\*</sup> |  | 171291 |
| 1871 | Frontdoor Inc.<sup>\*</sup> |  | 100903 |
| 1097 | Granite Construction Inc. |  | 117960 |
| 1661 | Great Lakes Dredge & Dock Corp.<sup>\*</sup> |  | 21211 |
| 217 | IES Holdings Inc.<sup>\*</sup> |  | 90830 |
| 625 | Jacobs Solutions Inc. |  | 84256 |
| 64307 | Latham Group Inc.<sup>\*</sup> |  | 459795 |
| 258 | Limbach Holdings Inc.<sup>\*</sup> |  | 18254 |
| 6667 | MasTec Inc.<sup>\*</sup> |  | 1425938 |
| 400 | Mistras Group Inc.<sup>\*</sup> |  | 4796 |
| 3096 | MYR Group Inc.<sup>\*</sup> |  | 694495 |
| 1271 | Orion Group Holdings Inc.<sup>\*</sup> |  | 12710 |
| 1337 | Primoris Services Corp. |  | 169211 |
| 5945 | Sterling Infrastructure Inc.<sup>\*</sup> |  | 2046923 |
| 3015 | TopBuild Corp.<sup>\*</sup> |  | 1364288 |
| 542 | TSS Inc.<sup>\*</sup> |  | 5219 |
| 1117 | Tutor Perini Corp.<sup>\*</sup> |  | 76570 |
| 3734 | Uniti Group Inc.<sup>\*</sup> |  | 23786 |
|  | Total Engineering & Construction |  | 16845112 |
| **Environmental Control - 1.0%** | **Environmental Control - 1.0%** | **Environmental Control - 1.0%** | **Environmental Control - 1.0%** |
| 1171 | Arq Inc.<sup>\*</sup> |  | 4356 |
| 1562 | Casella Waste Systems Inc., Class A Shares<sup>\*</sup> |  | 150561 |
| 16217 | CECO Environmental Corp.<sup>\*</sup> |  | 845717 |
| 9058 | Clean Harbors Inc.<sup>\*</sup> |  | 2061239 |
| 1458 | Energy Recovery Inc.<sup>\*</sup> |  | 21068 |
| 86726 | Enviri Corp.<sup>\*</sup> |  | 1590555 |
| 807 | Montrose Environmental Group Inc.<sup>\*</sup> |  | 20700 |
| 898 | Pentair PLC |  | 94506 |
| 624 | Perma-Fix Environmental Services Inc.<sup>\*</sup> |  | 7656 |
| 711 | Pure Cycle Corp.<sup>\*</sup> |  | 8091 |
| 3229 | PureCycle Technologies Inc.<sup>\*</sup> |  | 28415 |
| 1360 | Tetra Tech Inc. |  | 47246 |
| 1274 | Veralto Corp. |  | 128954 |
| 8200 | Waste Management Inc. |  | 1786534 |
|  | Total Environmental Control |  | 6795598 |
| **Hand/Machine Tools - 0.7%** | **Hand/Machine Tools - 0.7%** | **Hand/Machine Tools - 0.7%** | **Hand/Machine Tools - 0.7%** |
| 664 | Cadre Holdings Inc. |  | 28340 |
| 28176 | Enerpac Tool Group Corp., Class A Shares |  | 1067025 |
| 963 | Franklin Electric Co., Inc. |  | 91629 |
| 1838 | Kennametal Inc. |  | 50876 |
| 14630 | Lincoln Electric Holdings Inc. |  | 3502861 |
| 606 | Luxfer Holdings PLC, ADR |  | 7575 |
| 186 | MSA Safety Inc. |  | 30002 |
| 281 | Snap-on Inc. |  | 95554 |
| 860 | Stanley Black & Decker Inc. |  | 61507 |
|  | Total Hand/Machine Tools |  | 4935369 |
| **Machinery-Construction & Mining - 0.9%** | **Machinery-Construction & Mining - 0.9%** | **Machinery-Construction & Mining - 0.9%** | **Machinery-Construction & Mining - 0.9%** |
| 572 | Astec Industries Inc. |  | 25317 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |
| **Machinery-Construction & Mining - (continued)** | **Machinery-Construction & Mining - (continued)** | **Machinery-Construction & Mining - (continued)** | **Machinery-Construction & Mining - (continued)** |
| 50440 | Babcock & Wilcox Enterprises Inc.<sup>\*</sup> | $| 315250 |
| 14255 | Bloom Energy Corp., Class A Shares<sup>\*</sup> |  | 1557216 |
| 10750 | BWX Technologies Inc. |  | 1922960 |
| 288 | Hyster-Yale Inc. |  | 8375 |
| 604 | Lightbridge Corp.<sup>\*</sup> |  | 9821 |
| 779 | Manitowoc Co., Inc.<sup>\*</sup> |  | 8787 |
| 673 | NANO Nuclear Energy Inc.<sup>\*(a)</sup> |  | 22007 |
| 920 | Net Power Inc.<sup>\*</sup> |  | 2668 |
| 3152 | NuScale Power Corp.<sup>\*</sup> |  | 63040 |
| 323 | Oshkosh Corp. |  | 41402 |
| 1568 | Terex Corp. |  | 72458 |
| 13448 | Vertiv Holdings Co., Class A Shares |  | 2417009 |
|  | Total Machinery-Construction & Mining |  | 6466310 |
| **Machinery-Diversified - 2.9%** | **Machinery-Diversified - 2.9%** | **Machinery-Diversified - 2.9%** | **Machinery-Diversified - 2.9%** |
| 795 | Aebi Schmidt Holding AG |  | 9468 |
| 312 | AGCO Corp. |  | 33059 |
| 269 | Alamo Group Inc. |  | 43140 |
| 721 | Albany International Corp., Class A Shares |  | 34377 |
| 194 | Applied Industrial Technologies Inc. |  | 50211 |
| 33016 | Cactus Inc., Class A Shares |  | 1417047 |
| 1123 | Chart Industries Inc.<sup>\*</sup> |  | 229036 |
| 4490 | CNH Industrial NV |  | 42341 |
| 837 | Cognex Corp. |  | 31890 |
| 724 | Columbus McKinnon Corp. |  | 11903 |
| 24226 | Crane Co. |  | 4439414 |
| 394 | CSW Industrials Inc. |  | 107117 |
| 13823 | Dover Corp. |  | 2561125 |
| 4215 | DXP Enterprises Inc.<sup>\*</sup> |  | 396168 |
| 1396 | Eastman Kodak Co.<sup>\*</sup> |  | 10665 |
| 287 | ESAB Corp. |  | 32213 |
| 19213 | Flowserve Corp. |  | 1370848 |
| 126340 | Gates Industrial Corp. PLC<sup>\*</sup> |  | 2875498 |
| 241 | Gencor Industries Inc.<sup>\*</sup> |  | 3232 |
| 517 | Gorman-Rupp Co. |  | 24035 |
| 853 | Graco Inc. |  | 70321 |
| 843 | Ichor Holdings Ltd.<sup>\*</sup> |  | 14162 |
| 388 | IDEX Corp. |  | 67485 |
| 2139 | Ingersoll Rand Inc. |  | 171847 |
| 284 | Kadant Inc. |  | 78986 |
| 281 | Lindsay Corp. |  | 32295 |
| 255 | Middleby Corp.<sup>\*</sup> |  | 30141 |
| 3765 | Mueller Water Products Inc., Class A Shares |  | 91264 |
| 276 | Nordson Corp. |  | 65594 |
| 2154 | Otis Worldwide Corp. |  | 191383 |
| 853 | Palladyne AI Corp.<sup>\*</sup> |  | 4862 |
| 7285 | Power Solutions International Inc.<sup>\*</sup> |  | 393973 |
| 79 | Pro-Dex Inc.<sup>\*</sup> |  | 2879 |
| 13175 | Regal Rexnord Corp. |  | 1923418 |
| 2354 | Richtech Robotics Inc., Class B Shares<sup>\*</sup> |  | 8357 |
| 6916 | Rockwell Automation Inc. |  | 2737768 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |
| **Machinery-Diversified - (continued)** | **Machinery-Diversified - (continued)** | **Machinery-Diversified - (continued)** | **Machinery-Diversified - (continued)** |
| 497 | Tennant Co. | $| 36346 |
| 849 | Thermon Group Holdings Inc.<sup>\*</sup> |  | 29800 |
| 561 | Toro Co. |  | 39124 |
| 682 | Watts Water Technologies Inc., Class A Shares |  | 188150 |
| 898 | Westinghouse Air Brake Technologies Corp. |  | 187278 |
| 1291 | Xylem Inc. |  | 181605 |
| 3714 | Zurn Elkay Water Solutions Corp. |  | 177158 |
|  | Total Machinery-Diversified |  | 20446983 |
| **Metal Fabricate/Hardware - 1.8%** | **Metal Fabricate/Hardware - 1.8%** | **Metal Fabricate/Hardware - 1.8%** | **Metal Fabricate/Hardware - 1.8%** |
| 8444 | Advanced Drainage Systems Inc. |  | 1286697 |
| 296 | Ascent Industries Co.<sup>\*</sup> |  | 4194 |
| 254 | Eastern Co. |  | 4953 |
| 10007 | Helios Technologies Inc. |  | 540278 |
| 5188 | Hillman Solutions Corp.<sup>\*</sup> |  | 45395 |
| 3648 | Janus International Group Inc.<sup>\*</sup> |  | 22654 |
| 187 | L B Foster Co., Class A Shares<sup>\*</sup> |  | 5045 |
| 436 | Mayville Engineering Co., Inc.<sup>\*</sup> |  | 7408 |
| 1040 | Metallus Inc.<sup>\*</sup> |  | 17586 |
| 551 | Mueller Industries Inc. |  | 60538 |
| 224 | Olympic Steel Inc. |  | 8711 |
| 59 | Omega Flex Inc. |  | 1599 |
| 305 | Park-Ohio Holdings Corp. |  | 6530 |
| 12461 | Proto Labs Inc.<sup>\*</sup> |  | 633268 |
| 4306 | RBC Bearings Inc.<sup>\*</sup> |  | 1916041 |
| 653 | Ryerson Holding Corp. |  | 14973 |
| 13884 | Standex International Corp. |  | 3403802 |
| 310 | Timken Co. |  | 25231 |
| 890 | Tredegar Corp.<sup>\*</sup> |  | 6942 |
| 6172 | Valmont Industries Inc. |  | 2548851 |
| 750 | Worthington Enterprises Inc. |  | 41145 |
| 844 | Worthington Steel Inc. |  | 28485 |
| 37104 | Xometry Inc., Class A Shares<sup>\*</sup> |  | 2169471 |
|  | Total Metal Fabricate/Hardware |  | 12799797 |
| **Miscellaneous Manufacturers - 1.8%** | **Miscellaneous Manufacturers - 1.8%** | **Miscellaneous Manufacturers - 1.8%** | **Miscellaneous Manufacturers - 1.8%** |
| 585 | AO Smith Corp. |  | 38598 |
| 2211 | Avient Corp. |  | 67634 |
| 4820 | Axon Enterprise Inc.<sup>\*</sup> |  | 2603475 |
| 467 | Byrna Technologies Inc.<sup>\*</sup> |  | 8523 |
| 141 | Core Molding Technologies Inc.<sup>\*</sup> |  | 2665 |
| 604 | Donaldson Co., Inc. |  | 54300 |
| 12939 | Enpro Inc. |  | 2883456 |
| 768 | Entegris Inc. |  | 59243 |
| 5819 | Fabrinet<sup>\*</sup> |  | 2673307 |
| 5716 | Federal Signal Corp. |  | 651624 |
| 1850 | Hillenbrand Inc. |  | 58904 |
| 11247 | ITT Inc. |  | 2071247 |
| 1298 | JBT Marel Corp. |  | 182408 |
| 1221 | LSB Industries Inc.<sup>\*</sup> |  | 10903 |
| 503 | Materion Corp. |  | 61461 |
| 844 | Myers Industries Inc. |  | 15243 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |
| **Miscellaneous Manufacturers - (continued)** | **Miscellaneous Manufacturers - (continued)** | **Miscellaneous Manufacturers - (continued)** | **Miscellaneous Manufacturers - (continued)** |
| 501 | NL Industries Inc. | $| 2831 |
| 1659 | Outdoor Holding Co.<sup>\*</sup> |  | 3052 |
| 381 | Park Aerospace Corp. |  | 7388 |
| 1044 | Sight Sciences Inc.<sup>\*</sup> |  | 8728 |
| 1056 | Smith & Wesson Brands Inc. |  | 9198 |
| 408 | Sturm Ruger & Co., Inc. |  | 12289 |
| 1892 | Teledyne Technologies Inc.<sup>\*</sup> |  | 945092 |
| 924 | Textron Inc. |  | 76840 |
| 1957 | Trinity Industries Inc. |  | 51900 |
|  | Total Miscellaneous Manufacturers |  | 12560309 |
| **Packaging & Containers - 0.4%** | **Packaging & Containers - 0.4%** | **Packaging & Containers - 0.4%** | **Packaging & Containers - 0.4%** |
| 12427 | Amcor PLC |  | 105878 |
| 334 | AptarGroup Inc. |  | 41666 |
| 3524 | Ardagh Metal Packaging SA |  | 13215 |
| 1453 | Ball Corp. |  | 71967 |
| 377 | Clearwater Paper Corp.<sup>\*</sup> |  | 6858 |
| 592 | Crown Holdings Inc. |  | 57323 |
| 1498 | Graphic Packaging Holding Co. |  | 24238 |
| 652 | Greif Inc., Class A Shares |  | 42791 |
| 104 | Greif Inc., Class B Shares |  | 7403 |
| 140 | Karat Packaging Inc. |  | 3086 |
| 64905 | O-I Glass Inc.<sup>\*</sup> |  | 874919 |
| 485 | Packaging Corp. of America |  | 98974 |
| 933 | Ranpak Holdings Corp., Class A Shares<sup>\*</sup> |  | 4609 |
| 860 | Sealed Air Corp. |  | 36937 |
| 31693 | Silgan Holdings Inc. |  | 1256310 |
| 2794 | Smurfit WestRock PLC |  | 99718 |
| 579 | Sonoco Products Co. |  | 24416 |
| 769 | TriMas Corp. |  | 26200 |
|  | Total Packaging & Containers |  | 2796508 |
| **Shipbuilding - 0.0%** | **Shipbuilding - 0.0%** | **Shipbuilding - 0.0%** | **Shipbuilding - 0.0%** |
| 199 | Huntington Ingalls Industries Inc. |  | 62410 |
| **Transportation - 0.3%** | **Transportation - 0.3%** | **Transportation - 0.3%** | **Transportation - 0.3%** |
| 549 | ArcBest Corp. |  | 35229 |
| 953 | Ardmore Shipping Corp. |  | 11655 |
| 6916 | CH Robinson Worldwide Inc. |  | 1098745 |
| 199 | Costamare Bulkers Holdings Ltd.<sup>\*</sup> |  | 3278 |
| 999 | Costamare Inc. |  | 15255 |
| 372 | Covenant Logistics Group Inc., Class A Shares |  | 7418 |
| 1557 | CryoPort Inc.<sup>\*</sup> |  | 14978 |
| 3001 | DHT Holdings Inc. |  | 39103 |
| 935 | Dorian LPG Ltd. |  | 23169 |
| 751 | Expeditors International of Washington Inc. |  | 110322 |
| 768 | FLEX LNG Ltd.<sup>(a)</sup> |  | 19484 |
| 638 | Forward Air Corp.<sup>\*</sup> |  | 14655 |
| 1014 | Genco Shipping & Trading Ltd. |  | 19185 |
| 1098 | Heartland Express Inc. |  | 8630 |
| 643 | Himalaya Shipping Ltd.<sup>\*</sup> |  | 5781 |
| 1426 | Hub Group Inc., Class A Shares |  | 55001 |
| 1061 | International Seaways Inc. |  | 56201 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |
| **Transportation - (continued)** | **Transportation - (continued)** | **Transportation - (continued)** | **Transportation - (continued)** |
| 408 | JB Hunt Transport Services Inc. | $| 70976 |
| 285 | Kirby Corp.<sup>\*</sup> |  | 32353 |
| 795 | Knight-Swift Transportation Holdings Inc., Class A Shares |  | 36411 |
| 172 | Landstar System Inc. |  | 22505 |
| 1480 | Marten Transport Ltd. |  | 15170 |
| 784 | Matson Inc. |  | 85440 |
| 973 | Navigator Holdings Ltd. |  | 17407 |
| 5082 | Nordic American Tankers Ltd. |  | 18499 |
| 992 | Old Dominion Freight Line Inc. |  | 134208 |
| 309 | PAMT Corp.<sup>\*</sup> |  | 2775 |
| 665 | Pangaea Logistics Solutions Ltd. |  | 4668 |
| 539 | Proficient Auto Logistics Inc.<sup>\*</sup> |  | 4398 |
| 1217 | Radiant Logistics Inc.<sup>\*</sup> |  | 7594 |
| 3901 | RXO Inc.<sup>\*</sup> |  | 51571 |
| 203 | Ryder System Inc. |  | 35162 |
| 1214 | Safe Bulkers Inc. |  | 6422 |
| 135 | Saia Inc.<sup>\*</sup> |  | 38011 |
| 242 | Schneider National Inc., Class B Shares |  | 5472 |
| 1033 | Scorpio Tankers Inc. |  | 59222 |
| 2817 | SFL Corp., Ltd, Class B Shares |  | 23184 |
| 1378 | Teekay Corp., Ltd |  | 13380 |
| 620 | Teekay Tankers Ltd., Class A Shares |  | 35755 |
| 268 | Universal Logistics Holdings Inc. |  | 4025 |
| 1424 | Werner Enterprises Inc. |  | 36397 |
| 1308 | World Kinect Corp. |  | 30319 |
| 589 | XPO Inc.<sup>\*</sup> |  | 83673 |
|  | Total Transportation |  | 2413086 |
| **Trucking & Leasing - 0.0%** | **Trucking & Leasing - 0.0%** | **Trucking & Leasing - 0.0%** | **Trucking & Leasing - 0.0%** |
| 897 | GATX Corp. |  | 143457 |
| 807 | Greenbrier Cos., Inc. |  | 35896 |
| 97 | Willis Lease Finance Corp. |  | 11903 |
|  | Total Trucking & Leasing |  | 191256 |
|  | **TOTAL INDUSTRIAL** |  | **144436146** |
| **TECHNOLOGY - 8.5%** | **TECHNOLOGY - 8.5%** | **TECHNOLOGY - 8.5%** | **TECHNOLOGY - 8.5%** |
| **Computers - 2.7%** | **Computers - 2.7%** | **Computers - 2.7%** | **Computers - 2.7%** |
| 3019 | 3D Systems Corp.<sup>\*</sup> |  | 6280 |
| 619 | Amdocs Ltd. |  | 47341 |
| 949 | Amentum Holdings Inc.<sup>\*</sup> |  | 27170 |
| 1023 | ASGN Inc.<sup>\*</sup> |  | 46045 |
| 8139 | CACI International Inc., Class A Shares<sup>\*</sup> |  | 5022577 |
| 1577 | Cantaloupe Inc.<sup>\*</sup> |  | 16827 |
| 2616 | Cognizant Technology Solutions Corp., Class A Shares |  | 203289 |
| 4943 | Conduent Inc.<sup>\*</sup> |  | 9589 |
| 1390 | Corsair Gaming Inc.<sup>\*</sup> |  | 9063 |
| 274 | Crane NXT Co. |  | 15426 |
| 1004 | Cricut Inc., Class A Shares |  | 4759 |
| 654 | Diebold Nixdorf Inc.<sup>\*</sup> |  | 42196 |
| 7515 | D-Wave Quantum Inc.<sup>\*</sup> |  | 170365 |
| 1034 | DXC Technology Co.<sup>\*</sup> |  | 13649 |
| 305 | EPAM Systems Inc.<sup>\*</sup> |  | 57035 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |
| **Computers - (continued)** | **Computers - (continued)** | **Computers - (continued)** | **Computers - (continued)** |
| 33429 | ExlService Holdings Inc.<sup>\*</sup> | $| 1328134 |
| 388 | Gartner Inc.<sup>\*</sup> |  | 90303 |
| 813 | Genpact Ltd. |  | 35821 |
| 253 | Globant SA<sup>\*</sup> |  | 16098 |
| 1774 | Grid Dynamics Holdings Inc.<sup>\*</sup> |  | 15540 |
| 6990 | Hewlett Packard Enterprise Co. |  | 152871 |
| 5041 | HP Inc. |  | 123101 |
| 670 | Insight Enterprises Inc.<sup>\*</sup> |  | 58002 |
| 2240 | Integral Ad Science Holding Corp.<sup>\*</sup> |  | 23027 |
| 645 | KBR Inc. |  | 26587 |
| 1266 | Kyndryl Holdings Inc.<sup>\*</sup> |  | 32701 |
| 682 | Leidos Holdings Inc. |  | 130330 |
| 17612 | Lumentum Holdings Inc.<sup>\*</sup> |  | 5726718 |
| 1418 | MAXIMUS Inc. |  | 122076 |
| 1466 | Mitek Systems Inc.<sup>\*</sup> |  | 12989 |
| 1899 | NCR Atleos Corp.<sup>\*</sup> |  | 70396 |
| 3300 | NCR Voyix Corp.<sup>\*</sup> |  | 33363 |
| 1089 | NetApp Inc. |  | 121489 |
| 1806 | NetScout Systems Inc.<sup>\*</sup> |  | 48545 |
| 2195 | NextNav Inc.<sup>\*</sup> |  | 31191 |
| 848 | Okta Inc., Class A Shares<sup>\*</sup> |  | 68120 |
| 808 | OneSpan Inc. |  | 9858 |
| 962 | PAR Technology Corp.<sup>\*</sup> |  | 33199 |
| 270 | Parsons Corp.<sup>\*</sup> |  | 22864 |
| 8142 | Pure Storage Inc., Class A Shares<sup>\*</sup> |  | 724312 |
| 908 | Qualys Inc.<sup>\*</sup> |  | 127892 |
| 1641 | Rapid7 Inc.<sup>\*</sup> |  | 25731 |
| 7772 | Rigetti Computing Inc.<sup>\*</sup> |  | 198730 |
| 1184 | Rimini Street Inc.<sup>\*</sup> |  | 4511 |
| 625 | Rubrik Inc., Class A Shares<sup>\*</sup> |  | 43325 |
| 405 | SailPoint Inc.<sup>\*</sup> |  | 7460 |
| 766 | Sandisk Corp.<sup>\*</sup> |  | 171032 |
| 235 | Science Applications International Corp. |  | 20259 |
| 2726 | Super Micro Computer Inc.<sup>\*</sup> |  | 92275 |
| 1309 | Telos Corp.<sup>\*</sup> |  | 7566 |
| 2885 | Tenable Holdings Inc.<sup>\*</sup> |  | 76510 |
| 354 | TTEC Holdings Inc.<sup>\*</sup> |  | 1189 |
| 1437 | Unisys Corp.<sup>\*</sup> |  | 3851 |
| 456 | V2X Inc.<sup>\*</sup> |  | 25012 |
| 2757 | Varonis Systems Inc., Class B Shares<sup>\*</sup> |  | 91174 |
| 2219 | Vuzix Corp.<sup>\*</sup> |  | 5969 |
| 16148 | Western Digital Corp. |  | 2637453 |
| 14083 | Whitefiber Inc.<sup>\*(a)</sup> |  | 301799 |
| 523 | Zscaler Inc.<sup>\*</sup> |  | 131535 |
|  | Total Computers |  | 18722519 |
| **Office/Business Equipment - 0.0%** | **Office/Business Equipment - 0.0%** | **Office/Business Equipment - 0.0%** | **Office/Business Equipment - 0.0%** |
| 4376 | Pitney Bowes Inc. |  | 43147 |
| 2975 | Xerox Holdings Corp. |  | 8271 |
| 261 | Zebra Technologies Corp., Class A Shares<sup>\*</sup> |  | 65968 |
|  | Total Office/Business Equipment |  | 117386 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |
| **Semiconductors - 3.4%** | **Semiconductors - 3.4%** | **Semiconductors - 3.4%** |
| 1188 | ACM Research Inc., Class A Shares<sup>\*</sup> | $39691 |
| 607 | Aehr Test Systems<sup>\*</sup> | 13943 |
| 339 | Aeluma Inc.<sup>\*</sup> | 4753 |
| 696 | Allegro MicroSystems Inc.<sup>\*</sup> | 18576 |
| 594 | Alpha & Omega Semiconductor Ltd.<sup>\*</sup> | 12046 |
| 977 | Ambarella Inc.<sup>\*</sup> | 72474 |
| 641 | Amkor Technology Inc. | 23326 |
| 593 | Arteris Inc.<sup>\*</sup> | 8504 |
| 677 | Astera Labs Inc.<sup>\*</sup> | 106675 |
| 972 | Atomera Inc.<sup>\*</sup> | 2411 |
| 771 | Axcelis Technologies Inc.<sup>\*</sup> | 63816 |
| 1780 | Blaize Holdings Inc.<sup>\*</sup> | 4450 |
| 630 | CEVA Inc.<sup>\*</sup> | 13602 |
| 265 | Cirrus Logic Inc.<sup>\*</sup> | 31890 |
| 70560 | Cohu Inc.<sup>\*</sup> | 1716019 |
| 1100 | Diodes Inc.<sup>\*</sup> | 50831 |
| 1870 | FormFactor Inc.<sup>\*</sup> | 102887 |
| 566 | GLOBALFOUNDRIES Inc.<sup>\*</sup> | 20285 |
| 13746 | Impinj Inc.<sup>\*</sup> | 2362525 |
| 153 | IPG Photonics Corp.<sup>\*</sup> | 12185 |
| 1241 | Kulicke & Soffa Industries Inc. | 55982 |
| 685 | Lattice Semiconductor Corp.<sup>\*</sup> | 48094 |
| 7730 | MACOM Technology Solutions Holdings Inc.<sup>\*</sup> | 1352673 |
| 2051 | MaxLinear Inc., Class A Shares<sup>\*</sup> | 31934 |
| 2795 | Microchip Technology Inc. | 149756 |
| 10138 | MKS Inc. | 1585482 |
| 250 | Monolithic Power Systems Inc. | 232042 |
| 3074 | Navitas Semiconductor Corp., Class A Shares<sup>\*</sup> | 26867 |
| 2249 | ON Semiconductor Corp.<sup>\*</sup> | 112990 |
| 7865 | Onto Innovation Inc.<sup>\*</sup> | 1125953 |
| 1377 | Ouster Inc.<sup>\*</sup> | 31616 |
| 1309 | Penguin Solutions Inc.<sup>\*</sup> | 26481 |
| 1606 | Photronics Inc.<sup>\*</sup> | 36793 |
| 1365 | Power Integrations Inc. | 45864 |
| 472 | Qorvo Inc.<sup>\*</sup> | 40540 |
| 15819 | Rambus Inc.<sup>\*</sup> | 1511822 |
| 211 | Richardson Electronics Ltd. | 2207 |
| 21585 | Semtech Corp.<sup>\*</sup> | 1600744 |
| 14918 | Silicon Laboratories Inc.<sup>\*</sup> | 1903238 |
| 9884 | Silicon Motion Technology Corp., ADR | 879281 |
| 9857 | SiTime Corp.<sup>\*</sup> | 2934429 |
| 573 | SkyWater Technology Inc.<sup>\*</sup> | 8818 |
| 784 | Skyworks Solutions Inc. | 51705 |
| 935 | Synaptics Inc.<sup>\*</sup> | 64057 |
| 28489 | Teradyne Inc. | 5181864 |
| 15184 | Ultra Clean Holdings Inc.<sup>\*</sup> | 385066 |
| 1456 | Veeco Instruments Inc.<sup>\*</sup> | 42559 |
| 260 | Vishay Precision Group Inc.<sup>\*</sup> | 8876 |
|  | Total Semiconductors | 24158622 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |
| **Software - 2.4%** | **Software - 2.4%** | **Software - 2.4%** |
| 2844 | 8x8 Inc.<sup>\*</sup> | $5517 |
| 2642 | ACI Worldwide Inc.<sup>\*</sup> | 123804 |
| 4031 | ACV Auctions Inc., Class A Shares<sup>\*</sup> | 31643 |
| 2831 | Adeia Inc. | 35019 |
| 5240 | Agilysys Inc.<sup>\*</sup> | 644310 |
| 710 | Airship AI Holdings Inc.<sup>\*</sup> | 2613 |
| 734 | Akamai Technologies Inc.<sup>\*</sup> | 65708 |
| 3554 | Alignment Healthcare Inc.<sup>\*</sup> | 68272 |
| 1626 | Alkami Technology Inc.<sup>\*</sup> | 34666 |
| 2029 | Amplitude Inc., Class A Shares<sup>\*</sup> | 20858 |
| 109 | Appfolio Inc., Class A Shares<sup>\*</sup> | 24883 |
| 1051 | Appian Corp., Class A Shares<sup>\*</sup> | 42460 |
| 2191 | Asana Inc., Class A Shares<sup>\*</sup> | 28220 |
| 516 | Asure Software Inc.<sup>\*</sup> | 4128 |
| 3452 | AvePoint Inc.<sup>\*</sup> | 44876 |
| 577 | Bandwidth Inc., Class A Shares<sup>\*</sup> | 8216 |
| 837 | Bentley Systems Inc., Class B Shares | 35121 |
| 6887 | BigBear.ai Holdings Inc.<sup>\*(a)</sup> | 43664 |
| 454 | BILL Holdings Inc.<sup>\*</sup> | 22768 |
| 917 | Blackbaud Inc.<sup>\*</sup> | 51700 |
| 1267 | BlackLine Inc.<sup>\*</sup> | 72206 |
| 5891 | Blend Labs Inc., Class A Shares<sup>\*</sup> | 18616 |
| 3400 | Box Inc., Class A Shares<sup>\*</sup> | 100436 |
| 1822 | Braze Inc., Class A Shares<sup>\*</sup> | 52291 |
| 621 | Broadridge Financial Solutions Inc. | 141644 |
| 2910 | C3.ai Inc., Class A Shares<sup>\*</sup> | 42049 |
| 2891 | CCC Intelligent Solutions Holdings Inc.<sup>\*</sup> | 21538 |
| 973 | Cerence Inc.<sup>\*</sup> | 10781 |
| 4804 | Claritev Corp., Class A Shares<sup>\*</sup> | 259752 |
| 2002 | Clear Secure Inc., Class A Shares | 71071 |
| 6199 | Clearwater Analytics Holdings Inc., Class A Shares<sup>\*</sup> | 136750 |
| 127 | Climb Global Solutions Inc. | 12835 |
| 1659 | Cloudflare Inc., Class A Shares<sup>\*</sup> | 332148 |
| 2263 | Commerce.com Inc.<sup>\*</sup> | 10387 |
| 1099 | CommVault Systems Inc.<sup>\*</sup> | 135726 |
| 241 | Concentrix Corp. | 8727 |
| 1477 | Confluent Inc., Class A Shares<sup>\*</sup> | 32863 |
| 421 | Consensus Cloud Solutions Inc.<sup>\*</sup> | 9195 |
| 1030 | CS Disco Inc.<sup>\*</sup> | 7375 |
| 661 | CSG Systems International Inc. | 52067 |
| 28 | Daily Journal Corp.<sup>\*</sup> | 12835 |
| 1665 | Datadog Inc., Class A Shares<sup>\*</sup> | 266417 |
| 775 | Dayforce Inc.<sup>\*</sup> | 53552 |
| 1830 | Definitive Healthcare Corp., Class A Shares<sup>\*</sup> | 5197 |
| 918 | Digi International Inc.<sup>\*</sup> | 38400 |
| 349 | Digimarc Corp.<sup>\*(a)</sup> | 2795 |
| 2199 | Digital Turbine Inc.<sup>\*</sup> | 10533 |
| 1669 | DigitalOcean Holdings Inc.<sup>\*</sup> | 74304 |
| 1033 | DocuSign Inc., Class A Shares<sup>\*</sup> | 71639 |
| 753 | Domo Inc., Class B Shares<sup>\*</sup> | 8614 |
| 631 | Donnelley Financial Solutions Inc.<sup>\*</sup> | 30957 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |
| **Software - (continued)** | **Software - (continued)** | **Software - (continued)** |
| 818 | DoubleVerify Holdings Inc.<sup>\*</sup> | $8622 |
| 693 | Doximity Inc., Class A Shares<sup>\*</sup> | 35648 |
| 1011 | Dropbox Inc., Class A Shares<sup>\*</sup> | 30209 |
| 193 | Duolingo Inc., Class A Shares<sup>\*</sup> | 36942 |
| 1510 | Dynatrace Inc.<sup>\*</sup> | 67286 |
| 483 | eGain Corp.<sup>\*</sup> | 5033 |
| 483 | Elastic NV<sup>\*</sup> | 34066 |
| 1352 | Electronic Arts Inc. | 273145 |
| 425 | EverCommerce Inc.<sup>\*</sup> | 3689 |
| 3065 | Evolent Health Inc., Class A Shares<sup>\*</sup> | 12873 |
| 2152 | Expensify Inc., Class A Shares<sup>\*</sup> | 3336 |
| 125 | Fair Isaac Corp.<sup>\*</sup> | 225729 |
| 46378 | Fastly Inc., Class A Shares<sup>\*</sup> | 540767 |
| 2788 | Fidelity National Information Services Inc. | 183367 |
| 1822 | Five9 Inc.<sup>\*</sup> | 35693 |
| 4906 | Freshworks Inc., Class A Shares<sup>\*</sup> | 59559 |
| 37446 | Genius Sports Ltd.<sup>\*</sup> | 377081 |
| 573 | GigaCloud Technology Inc., Class A Shares<sup>\*</sup> | 21258 |
| 764 | Gitlab Inc., Class A Shares<sup>\*</sup> | 31370 |
| 8113 | Guidewire Software Inc.<sup>\*</sup> | 1752246 |
| 2097 | Health Catalyst Inc.<sup>\*</sup> | 6270 |
| 270 | HubSpot Inc.<sup>\*</sup> | 99176 |
| 558 | I3 Verticals Inc., Class A Shares<sup>\*</sup> | 13208 |
| 202 | IBEX Holdings Ltd.<sup>\*</sup> | 7108 |
| 422 | Ibotta Inc., Class A Shares<sup>\*</sup> | 10069 |
| 644 | Immersion Corp. | 4579 |
| 7112 | Innodata Inc.<sup>\*</sup> | 408727 |
| 1331 | Intapp Inc.<sup>\*</sup> | 57486 |
| 6726 | IonQ Inc.<sup>\*</sup> | 331592 |
| 372 | Jack Henry & Associates Inc. | 64907 |
| 1514 | Jamf Holding Corp.<sup>\*</sup> | 19576 |
| 1888 | Kaltura Inc.<sup>\*</sup> | 2775 |
| 374 | Life360 Inc.<sup>\*</sup> | 29774 |
| 1543 | LiveRamp Holdings Inc.<sup>\*</sup> | 44516 |
| 307 | Manhattan Associates Inc.<sup>\*</sup> | 54170 |
| 571 | McGraw Hill Inc.<sup>\*</sup> | 10021 |
| 422 | MongoDB Inc., Class A Shares<sup>\*</sup> | 140260 |
| 409 | MSCI Inc., Class A Shares | 230561 |
| 1818 | N-able Inc.<sup>\*</sup> | 13090 |
| 603 | nCino Inc.<sup>\*</sup> | 14894 |
| 1316 | Nutanix Inc., Class A Shares<sup>\*</sup> | 62905 |
| 104 | Nutex Health Inc.<sup>\*</sup> | 11971 |
| 224 | Omada Health Inc.<sup>\*</sup> | 4196 |
| 597 | ON24 Inc.<sup>\*</sup> | 3379 |
| 1204 | Pagaya Technologies Ltd., Class A Shares<sup>\*</sup> | 30040 |
| 1983 | PagerDuty Inc.<sup>\*</sup> | 23796 |
| 19055 | Pattern Group Inc., Class A Shares<sup>\*</sup> | 277060 |
| 1758 | Paychex Inc. | 196351 |
| 263 | Paycom Software Inc. | 42388 |
| 792 | PDF Solutions Inc.<sup>\*</sup> | 21463 |
| 516 | Pegasystems Inc. | 28261 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |
| **Software - (continued)** | **Software - (continued)** | **Software - (continued)** |
| 1338 | Phreesia Inc.<sup>\*</sup> | $27416 |
| 155684 | Planet Labs PBC<sup>\*</sup> | 1852640 |
| 1550 | Playstudios Inc.<sup>\*</sup> | 995 |
| 1639 | Playtika Holding Corp. | 6638 |
| 82019 | Porch Group Inc.<sup>\*</sup> | 794764 |
| 629 | Procore Technologies Inc.<sup>\*</sup> | 46584 |
| 1025 | Progress Software Corp.<sup>\*</sup> | 42445 |
| 1166 | PROS Holdings Inc.<sup>\*</sup> | 27098 |
| 637 | PTC Inc.<sup>\*</sup> | 111749 |
| 1007 | PubMatic Inc., Class A Shares<sup>\*</sup> | 9073 |
| 3265 | Quantum Computing Inc.<sup>\*</sup> | 38200 |
| 1609 | Rackspace Technology Inc.<sup>\*</sup> | 1706 |
| 255 | Red Violet Inc. | 13818 |
| 239 | ReposiTrak Inc. | 3222 |
| 2926 | Rezolve AI PLC<sup>\*</sup> | 8924 |
| 468 | RingCentral Inc., Class A Shares<sup>\*</sup> | 13216 |
| 3285 | ROBLOX Corp., Class A Shares<sup>\*</sup> | 312174 |
| 1369 | Samsara Inc., Class A Shares<sup>\*</sup> | 52063 |
| 795 | Sapiens International Corp. NV | 34400 |
| 1424 | Schrodinger Inc.<sup>\*</sup> | 25005 |
| 1253 | SEMrush Holdings Inc., Class A Shares<sup>\*</sup> | 14823 |
| 1645 | SentinelOne Inc., Class A Shares<sup>\*</sup> | 26665 |
| 375 | Simulations Plus Inc.<sup>\*</sup> | 6375 |
| 9198 | SoundHound AI Inc., Class A Shares<sup>\*(a)</sup> | 110836 |
| 1284 | Sprout Social Inc., Class A Shares<sup>\*</sup> | 12801 |
| 923 | SPS Commerce Inc.<sup>\*</sup> | 76904 |
| 1160 | SS&C Technologies Holdings Inc. | 99690 |
| 11126 | Take-Two Interactive Software Inc.<sup>\*</sup> | 2737775 |
| 2774 | Talkspace Inc.<sup>\*</sup> | 9376 |
| 752 | Teads Holding Co.<sup>\*</sup> | 532 |
| 556 | Teradata Corp.<sup>\*</sup> | 15924 |
| 329 | TruBridge Inc.<sup>\*</sup> | 7225 |
| 776 | Twilio Inc., Class A Shares<sup>\*</sup> | 100639 |
| 236 | Tyler Technologies Inc.<sup>\*</sup> | 110830 |
| 2175 | UiPath Inc., Class A Shares<sup>\*</sup> | 30146 |
| 1769 | Unity Software Inc.<sup>\*</sup> | 75218 |
| 804 | Veeva Systems Inc., Class A Shares<sup>\*</sup> | 193193 |
| 1555 | Vertex Inc., Class A Shares<sup>\*</sup> | 30587 |
| 516 | Viant Technology Inc., Class A Shares<sup>\*</sup> | 5475 |
| 1766 | VTEX, Class A Shares<sup>\*</sup> | 7329 |
| 2660 | Waystar Holding Corp.<sup>\*</sup> | 98181 |
| 1739 | Weave Communications Inc.<sup>\*</sup> | 11095 |
| 4846 | WM Technology Inc.<sup>\*</sup> | 4105 |
| 1211 | Workiva Inc., Class A Shares<sup>\*</sup> | 112090 |
| 2641 | Yext Inc.<sup>\*</sup> | 22237 |
| 4520 | Zeta Global Holdings Corp., Class A Shares<sup>\*</sup> | 82490 |
| 1410 | Zoom Communications Inc., Class A Shares<sup>\*</sup> | 119794 |
| 1693 | ZoomInfo Technologies Inc., Class A Shares<sup>\*</sup> | 16795 |
|  | Total Software | 17005894 |
|  | **TOTAL TECHNOLOGY** | **60004421** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **UTILITIES - 3.7%** | **UTILITIES - 3.7%** | **UTILITIES - 3.7%** |
| **Electric - 2.8%** | **Electric - 2.8%** | **Electric - 2.8%** |
| 3591 | AES Corp. | $50489 |
| 1412 | ALLETE Inc. | 95479 |
| 1409 | Alliant Energy Corp. | 97883 |
| 1439 | Ameren Corp. | 153038 |
| 16435 | Ameresco Inc., Class A Shares<sup>\*</sup> | 570459 |
| 2067 | Avista Corp. | 85532 |
| 17607 | Black Hills Corp. | 1299221 |
| 789 | Brookfield Renewable Corp. | 32736 |
| 59483 | CenterPoint Energy Inc. | 2378130 |
| 190 | Clearway Energy Inc., Class A Shares | 6498 |
| 456 | Clearway Energy Inc., Class C Shares | 16699 |
| 1604 | CMS Energy Corp. | 121006 |
| 1910 | Consolidated Edison Inc. | 191688 |
| 1104 | DTE Energy Co. | 151281 |
| 2047 | Edison International | 120548 |
| 27901 | Entergy Corp. | 2720905 |
| 1263 | Evergy Inc. | 98072 |
| 1970 | Eversource Energy | 132345 |
| 5455 | Exelon Corp. | 257040 |
| 2934 | FirstEnergy Corp. | 140010 |
| 460 | Genie Energy Ltd., Class B Shares | 6661 |
| 4153 | Hawaiian Electric Industries Inc.<sup>\*</sup> | 48839 |
| 18992 | IDACORP Inc. | 2502766 |
| 889 | MGE Energy Inc. | 73627 |
| 1485 | Northwestern Energy Group Inc. | 102599 |
| 1023 | NRG Energy Inc. | 173388 |
| 1021 | OGE Energy Corp. | 46741 |
| 2644 | Oklo Inc., Class A Shares<sup>\*</sup> | 241609 |
| 14396 | Ormat Technologies Inc. | 1625452 |
| 927 | Otter Tail Corp. | 76199 |
| 11680 | PG&E Corp. | 188282 |
| 608 | Pinnacle West Capital Corp. | 55243 |
| 29497 | Portland General Electric Co. | 1499038 |
| 55046 | PPL Corp. | 2031197 |
| 2719 | Public Service Enterprise Group Inc. | 227091 |
| 1796 | Talen Energy Corp.<sup>\*</sup> | 708109 |
| 2322 | TXNM Energy Inc. | 135721 |
| 408 | Unitil Corp. | 20494 |
| 1819 | Vistra Corp. | 325346 |
| 1693 | WEC Energy Group Inc. | 189734 |
| 3183 | Xcel Energy Inc. | 261356 |
|  | Total Electric | 19258551 |
| **Gas - 0.6%** | **Gas - 0.6%** | **Gas - 0.6%** |
| 844 | Atmos Energy Corp. | 148856 |
| 3028 | Brookfield Infrastructure Corp., Class A Shares | 138228 |
| 589 | Chesapeake Utilities Corp. | 81906 |
| 1167 | MDU Resources Group Inc. | 24880 |
| 453 | National Fuel Gas Co. | 37350 |
| 2540 | New Jersey Resources Corp. | 122123 |
| 50537 | NiSource Inc. | 2230198 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **UTILITIES - (continued)** | **UTILITIES - (continued)** | **UTILITIES - (continued)** |
| **Gas - (continued)** | **Gas - (continued)** | **Gas - (continued)** |
| 959 | Northwest Natural Holding Co. | 47442 |
| 1489 | ONE Gas Inc. | 124689 |
| 141 | RGC Resources Inc. | 3181 |
| 1622 | Southwest Gas Holdings Inc. | 134707 |
| 12959 | Spire Inc. | 1148945 |
| 1192 | UGI Corp. | 47144 |
|  | Total Gas | 4289649 |
| **Water - 0.3%** | **Water - 0.3%** | **Water - 0.3%** |
| 930 | American States Water Co. | 68606 |
| 14338 | American Water Works Co., Inc. | 1864944 |
| 1436 | California Water Service Group | 65151 |
| 345 | Consolidated Water Co., Ltd. | 11809 |
| 1521 | Essential Utilities Inc. | 60217 |
| 200 | Global Water Resources Inc. | 1714 |
| 755 | H2O America | 35055 |
| 455 | Middlesex Water Co. | 23346 |
| 335 | York Water Co. | 10931 |
|  | Total Water | 2141773 |
|  | **TOTAL UTILITIES** | **25689973** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $520,852,153) | **672715398** |
| **EXCHANGE TRADED FUNDS (ETFs) - 3.2%** | **EXCHANGE TRADED FUNDS (ETFs) - 3.2%** | **EXCHANGE TRADED FUNDS (ETFs) - 3.2%** |
| 3971 | iShares Russell 2000 Value<sup>(a)</sup> | 723635 |
| 240325 | State Street SPDR S&P 600 Small Capital Value | 21809494 |
|  | **TOTAL EXCHANGE TRADED FUNDS (ETFs)** |  |
|  | (Cost - $20,845,640) | **22533129** |
| **LIMITED PARTNERSHIP - 0.0%** | **LIMITED PARTNERSHIP - 0.0%** | **LIMITED PARTNERSHIP - 0.0%** |
| **FINANCIAL - 0.0%** | **FINANCIAL - 0.0%** | **FINANCIAL - 0.0%** |
| **Investment Companies - 0.0%** | **Investment Companies - 0.0%** | **Investment Companies - 0.0%** |
| 1739 | Compass Diversified Holdings |  |
|  | (Cost - $35,399) | 12799 |
| **CLOSED-END FUND - 0.0%** | **CLOSED-END FUND - 0.0%** | **CLOSED-END FUND - 0.0%** |
| 664 | NexPoint Diversified Real Estate Trust, Class Common Shares |  |
|  | (Cost - $4,918) | 1919 |
| **RIGHTS - 0.0%** | **RIGHTS - 0.0%** | **RIGHTS - 0.0%** |
| 49 | GCI Liberty Inc., Class R Shares<sup>\*(b)</sup> | 304 |
| 590 | Seven Hills Realty Trust<sup>\*(b)</sup> | 16 |
|  | **TOTAL RIGHTS** |  |
|  | (Cost - $0) | **320** |
| **WARRANT - 0.0%** | **WARRANT - 0.0%** | **WARRANT - 0.0%** |
| **CONSUMER NON-CYCLICAL - 0.0%** | **CONSUMER NON-CYCLICAL - 0.0%** | **CONSUMER NON-CYCLICAL - 0.0%** |
| **Healthcare-Products - 0.0%** | **Healthcare-Products - 0.0%** | **Healthcare-Products - 0.0%** |
| 30 | Pulse Biosciences Inc.<sup>\*</sup> |  |
|  | (Cost - $0) | 81 |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $541,738,110) | **695263646** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount** | **Security** | **Value** |
| **SHORT-TERM INVESTMENTS - 1.8%** | **SHORT-TERM INVESTMENTS - 1.8%** | **SHORT-TERM INVESTMENTS - 1.8%** |
| **TIME DEPOSITS - 1.8%** | **TIME DEPOSITS - 1.8%** | **TIME DEPOSITS - 1.8%** |
| $9324244 | Citibank - New York, 3.220% due 12/1/25 | $9324244 |
| 2476144 | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 2476144 |
| 1059142 | Royal Bank of Canada - Toronto, 3.220% due 12/1/25 | 1059142 |
|  | **TOTAL TIME DEPOSITS** |  |
|  | (Cost - $12,859,530) | **12859530** |
| **Shares/Units** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.9%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.9%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.9%** |
| **MONEY MARKET FUND - 0.9%** | **MONEY MARKET FUND - 0.9%** | **MONEY MARKET FUND - 0.9%** |
| 6469146 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(d)</sup> |  |
|  | (Cost - $6,469,146) | $6469146 |
|  | **TOTAL INVESTMENTS - 101.1%** |  |
|  | (Cost - $561,066,786) | **714592322** |
|  | Liabilities in Excess of Other Assets - (1.1)% | (7715378) |
|  | **TOTAL NET ASSETS - 100.0%** | $**706876944** |

---

\* Non-income producing security.

(a) All or a portion of this security is on loan.

(b) Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $451,263 and represents 0.06% of net assets.

(c) Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs.

(d) Represents investment of collateral received from securities lending transactions.

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| ADR | **—** | American Depositary Receipts |
| MFA | **—** | Mortgage Finance Authority |
| PLC | **—** | Public Limited Company |
| REIT | **—** | Real Estate Investment Trust |
| SPDR | **—** | Standard & Poor's Depository Receipts |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Sector^** | |
| Consumer Non-cyclical | 21.0% |
| Industrial | 20.2 |
| Financial | 16.7 |
| Consumer Cyclical | 10.1 |
| Technology | 8.4 |
| Energy | 5.3 |
| Basic Materials | 4.6 |
| Communications | 4.2 |
| Utilities | 3.6 |
| Government | 0.0 \* |
| Exchange Traded Funds (ETFs) | 3.2 |
| Closed-End Fund | 0.0 \* |
| Rights | 0.0 \* |
| Short-Term Investments | 1.8 |
| Money Market Fund | 0.9 |
|  | 100.0% |

---

^ As a percentage of total investments.

\* Position represents less than 0.05%.

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Small-Mid Cap Equity Fund (concluded)**

At November 30, 2025, Destinations Small-Mid Cap Equity Fund had open exchange traded futures contracts as described below.

The unrealized appreciation on the open contracts was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts** | **Number of<br> Contracts** | **Expiration<br> Date (Month/Year)** | **Notional<br> Amounts** | **Market Value** | **Unrealized<br> Appreciation** |
| **Contracts to Buy:** |  |  |  |  |  |
| E-mini Russell 2000 Index December Futures | 8 | 12/25 | $966440 | $1002040 | $35600 |
| S&P MidCap 400 Index December Futures | 2 | 12/25 | 661785 | 662880 | 1095 |
|  |  |  |  |  | $36695 |

---

At November 30, 2025, Destinations Small-Mid Cap Equity Fund had deposited cash of $103,228 with a broker or brokers as margin collateral on open exchange traded futures contracts.

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 84.4%** | **COMMON STOCKS - 84.4%** | **COMMON STOCKS - 84.4%** |
| **BASIC MATERIALS - 2.5%** | **BASIC MATERIALS - 2.5%** | **BASIC MATERIALS - 2.5%** |
| **Chemicals - 0.8%** | **Chemicals - 0.8%** | **Chemicals - 0.8%** |
| 27763 | DSM-Firmenich AG | $2278517 |
| 28870 | Nutrien Ltd. | 1679368 |
|  | Total Chemicals | 3957885 |
| **Mining - 1.7%** | **Mining - 1.7%** | **Mining - 1.7%** |
| 24410 | Agnico Eagle Mines Ltd. | 4257836 |
| 82525 | BHP Group Ltd. | 2261637 |
| 6300 | Southern Copper Corp. | 849114 |
| 9000 | Valterra Platinum Ltd. | 625433 |
|  | Total Mining | 7994020 |
|  | **TOTAL BASIC MATERIALS** | **11951905** |
| **COMMUNICATIONS - 6.2%** | **COMMUNICATIONS - 6.2%** | **COMMUNICATIONS - 6.2%** |
| **Advertising - 0.4%** | **Advertising - 0.4%** | **Advertising - 0.4%** |
| 18295 | Publicis Groupe SA | 1783199 |
| **Internet - 1.5%** | **Internet - 1.5%** | **Internet - 1.5%** |
| 9248 | Alibaba Group Holding Ltd., ADR | 1454710 |
| 9904 | Alphabet Inc., Class A Shares | 3171063 |
| 4012 | Meta Platforms Inc., Class A Shares | 2599575 |
|  | Total Internet | 7225348 |
| **Media - 0.5%** | **Media - 0.5%** | **Media - 0.5%** |
| 56800 | Informa PLC | 721789 |
| 17028 | Walt Disney Co. | 1778915 |
|  | Total Media | 2500704 |
| **Telecommunications - 3.8%** | **Telecommunications - 3.8%** | **Telecommunications - 3.8%** |
| 141810 | AT&T Inc. | 3689896 |
| 35534 | Cisco Systems Inc. | 2733986 |
| 36500 | Deutsche Telekom AG, Class Registered Shares | 1175588 |
| 728000 | Singapore Telecommunications Ltd. | 2653423 |
| 156699 | Telenor ASA | 2262902 |
| 148120 | Verizon Communications Inc. | 6089213 |
|  | Total Telecommunications | 18605008 |
|  | **TOTAL COMMUNICATIONS** | **30114259** |
| **CONSUMER CYCLICAL - 4.8%** | **CONSUMER CYCLICAL - 4.8%** | **CONSUMER CYCLICAL - 4.8%** |
| **Auto Manufacturers - 0.6%** | **Auto Manufacturers - 0.6%** | **Auto Manufacturers - 0.6%** |
| 37493 | General Motors Co. | 2756486 |
| **Distribution/Wholesale - 0.5%** | **Distribution/Wholesale - 0.5%** | **Distribution/Wholesale - 0.5%** |
| 85900 | Mitsui & Co., Ltd. | 2279743 |
| 1135 | Watsco Inc. | 393164 |
|  | Total Distribution/Wholesale | 2672907 |
| **Entertainment - 0.3%** | **Entertainment - 0.3%** | **Entertainment - 0.3%** |
| 57521 | Warner Music Group Corp., Class A Shares | 1624393 |
| **Retail - 3.4%** | **Retail - 3.4%** | **Retail - 3.4%** |
| 23825 | Best Buy Co., Inc. | 1888846 |
| 12287 | Darden Restaurants Inc. | 2206499 |
| 11500 | Genuine Parts Co. | 1499600 |
| 12251 | Home Depot Inc. | 4372627 |
| 24127 | Industria de Diseno Textil SA | 1352044 |
| 4420 | McDonald's Corp. | 1378244 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |
| **Retail - (continued)** | **Retail - (continued)** | **Retail - (continued)** |
| 32788 | Walmart Inc. | 3623402 |
|  | Total Retail | 16321262 |
|  | **TOTAL CONSUMER CYCLICAL** | **23375048** |
| **CONSUMER NON-CYCLICAL - 19.2%** | **CONSUMER NON-CYCLICAL - 19.2%** | **CONSUMER NON-CYCLICAL - 19.2%** |
| **Agriculture - 2.5%** | **Agriculture - 2.5%** | **Agriculture - 2.5%** |
| 22000 | Altria Group Inc. | 1298220 |
| 97025 | British American Tobacco PLC | 5680600 |
| 32876 | Philip Morris International Inc. | 5177312 |
|  | Total Agriculture | 12156132 |
| **Beverages - 2.4%** | **Beverages - 2.4%** | **Beverages - 2.4%** |
| 60589 | Coca-Cola Co. | 4430268 |
| 65650 | Diageo PLC | 1504186 |
| 21247 | Heineken NV | 1729622 |
| 25300 | PepsiCo Inc. | 3763122 |
|  | Total Beverages | 11427198 |
| **Biotechnology - 1.9%** | **Biotechnology - 1.9%** | **Biotechnology - 1.9%** |
| 14849 | Amgen Inc. | 5129736 |
| 16687 | Gilead Sciences Inc. | 2099892 |
| 2590 | Regeneron Pharmaceuticals Inc. | 2020692 |
|  | Total Biotechnology | 9250320 |
| **Cosmetics/Personal Care - 1.1%** | **Cosmetics/Personal Care - 1.1%** | **Cosmetics/Personal Care - 1.1%** |
| 429201 | Haleon PLC | 2106484 |
| 36910 | Kao Corp. | 1491484 |
| 10427 | Procter & Gamble Co. | 1544864 |
|  | Total Cosmetics/Personal Care | 5142832 |
| **Food - 1.0%** | **Food - 1.0%** | **Food - 1.0%** |
| 12962 | Hershey Co. | 2437893 |
| 40250 | Mondelez International Inc., Class A Shares | 2317192 |
|  | Total Food | 4755085 |
| **Healthcare-Products - 0.9%** | **Healthcare-Products - 0.9%** | **Healthcare-Products - 0.9%** |
| 33584 | Abbott Laboratories | 4328978 |
| **Healthcare-Services - 0.4%** | **Healthcare-Services - 0.4%** | **Healthcare-Services - 0.4%** |
| 4663 | Elevance Health Inc. | 1577306 |
| 41250 | Sonic Healthcare Ltd. | 629913 |
|  | Total Healthcare-Services | 2207219 |
| **Household Products/Wares - 0.3%** | **Household Products/Wares - 0.3%** | **Household Products/Wares - 0.3%** |
| 15400 | Kimberly-Clark Corp. | 1680448 |
| **Pharmaceuticals - 8.7%** | **Pharmaceuticals - 8.7%** | **Pharmaceuticals - 8.7%** |
| 17508 | AbbVie Inc. | 3986572 |
| 12178 | AstraZeneca PLC | 2257239 |
| 40610 | AstraZeneca PLC, ADR | 3765359 |
| 135100 | GSK PLC | 3204892 |
| 23225 | Johnson & Johnson | 4805717 |
| 26597 | Merck & Co., Inc. | 2788164 |
| 225575 | Pfizer Inc. | 5806300 |
| 5983 | Roche Holding AG | 2288115 |
| 51406 | Roche Holding AG, ADR<sup>(a)(b)</sup> | 2458749 |
| 82608 | Sanofi SA | 8227409 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |
| **Pharmaceuticals - (continued)** | **Pharmaceuticals - (continued)** | **Pharmaceuticals - (continued)** |
| 8679 | UCB SA | 2426324 |
|  | Total Pharmaceuticals | 42014840 |
|  | **TOTAL CONSUMER NON-CYCLICAL** | **92963052** |
| **ENERGY - 8.8%** | **ENERGY - 8.8%** | **ENERGY - 8.8%** |
| **Oil & Gas - 6.1%** | **Oil & Gas - 6.1%** | **Oil & Gas - 6.1%** |
| 42651 | Chevron Corp. | 6445846 |
| 12115 | ConocoPhillips | 1074479 |
| 16855 | Expand Energy Corp. | 2055130 |
| 69961 | Exxon Mobil Corp. | 8109879 |
| 59290 | Noble Corp. PLC | 1815460 |
| 113191 | Shell PLC | 4162814 |
| 91105 | TotalEnergies SE | 5983536 |
|  | Total Oil & Gas | 29647144 |
| **Pipelines - 2.7%** | **Pipelines - 2.7%** | **Pipelines - 2.7%** |
| 9527 | Cheniere Energy Inc. | 1985998 |
| 106625 | Enbridge Inc. | 5180814 |
| 74426 | TC Energy Corp. | 4019286 |
| 28286 | Williams Cos., Inc. | 1723466 |
|  | Total Pipelines | 12909564 |
|  | **TOTAL ENERGY** | **42556708** |
| **FINANCIAL - 20.3%** | **FINANCIAL - 20.3%** | **FINANCIAL - 20.3%** |
| **Banks - 11.7%** | **Banks - 11.7%** | **Banks - 11.7%** |
| 43295 | Bank of America Corp. | 2322777 |
| 18575 | Bank of Montreal<sup>(a)</sup> | 2350491 |
| 46288 | Fifth Third Bancorp | 2011676 |
| 1901 | Goldman Sachs Group Inc. | 1570302 |
| 136290 | Huntington Bancshares Inc. | 2221527 |
| 97670 | ING Groep NV | 2534638 |
| 22975 | JPMorgan Chase & Co. | 7193013 |
| 13970 | Morgan Stanley | 2370150 |
| 146478 | Nordea Bank Abp | 2603342 |
| 159756 | Oversea-Chinese Banking Corp., Ltd. | 2281674 |
| 28775 | PNC Financial Services Group Inc. | 5487968 |
| 153080 | Sumitomo Mitsui Trust Group Inc. | 4429309 |
| 111200 | Truist Financial Corp. | 5170800 |
| 117098 | US Bancorp | 5743657 |
| 99107 | Wells Fargo & Co. | 8508336 |
|  | Total Banks | 56799660 |
| **Diversified Financial Services - 0.7%** | **Diversified Financial Services - 0.7%** | **Diversified Financial Services - 0.7%** |
| 4200 | CME Group Inc., Class A Shares | 1182132 |
| 7510 | Deutsche Boerse AG | 2006553 |
|  | Total Diversified Financial Services | 3188685 |
| **Equity Real Estate Investment Trusts (REITs) - 3.8%** | **Equity Real Estate Investment Trusts (REITs) - 3.8%** | **Equity Real Estate Investment Trusts (REITs) - 3.8%** |
| 114335 | Brixmor Property Group Inc. | 2988717 |
| 40150 | Invitation Homes Inc. | 1132230 |
| 181075 | Kimco Realty Corp. | 3741009 |
| 40137 | NNN REIT Inc. | 1659665 |
| 42925 | Prologis Inc. | 5517150 |
| 9800 | Terreno Realty Corp. | 615342 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **<br>Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |
| **Equity Real Estate Investment Trusts (REITs) - (continued)** | **Equity Real Estate Investment Trusts (REITs) - (continued)** | **Equity Real Estate Investment Trusts (REITs) - (continued)** |
| 15985 | Ventas Inc. | 1288871 |
| 52509 | VICI Properties Inc., Class A Shares | 1513309 |
|  | Total Equity Real Estate Investment Trusts (REITs) | 18456293 |
| **Insurance - 3.8%** | **Insurance - 3.8%** | **Insurance - 3.8%** |
| 9020 | Allianz SE, Class Registered Shares | 3894695 |
| 31690 | American International Group Inc. | 2413510 |
| 32437 | NN Group NV | 2353015 |
| 5979 | Progressive Corp. | 1367936 |
| 367637 | Prudential PLC | 5330415 |
| 14565 | Unum Group | 1106503 |
| 2938 | Zurich Insurance Group AG | 2112172 |
|  | Total Insurance | 18578246 |
| **Real Estate - 0.3%** | **Real Estate - 0.3%** | **Real Estate - 0.3%** |
| 1387000 | Hang Lung Properties Ltd. | 1605361 |
|  | **TOTAL FINANCIAL** | **98628245** |
| **INDUSTRIAL - 8.4%** | **INDUSTRIAL - 8.4%** | **INDUSTRIAL - 8.4%** |
| **Aerospace/Defense - 1.9%** | **Aerospace/Defense - 1.9%** | **Aerospace/Defense - 1.9%** |
| 9489 | Airbus SE | 2200655 |
| 93315 | BAE Systems PLC | 2039283 |
| 5674 | General Dynamics Corp. | 1938409 |
| 1065 | Lockheed Martin Corp. | 487621 |
| 7175 | RTX Corp. | 1254979 |
| 221000 | Singapore Technologies Engineering Ltd. | 1418618 |
|  | Total Aerospace/Defense | 9339565 |
| **Building Materials - 1.7%** | **Building Materials - 1.7%** | **Building Materials - 1.7%** |
| 15878 | CRH PLC | 1904725 |
| 12994 | Heidelberg Materials AG | 3335688 |
| 111100 | Mitsubishi Electric Corp. | 3024572 |
|  | Total Building Materials | 8264985 |
| **Electrical Components & Equipment - 1.2%** | **Electrical Components & Equipment - 1.2%** | **Electrical Components & Equipment - 1.2%** |
| 8737 | Eaton Corp. PLC | 3022041 |
| 20935 | Emerson Electric Co. | 2792310 |
|  | Total Electrical Components & Equipment | 5814351 |
| **Engineering & Construction - 1.0%** | **Engineering & Construction - 1.0%** | **Engineering & Construction - 1.0%** |
| 34600 | Aena SME SA | 941168 |
| 54945 | Ferrovial SE | 3595866 |
|  | Total Engineering & Construction | 4537034 |
| **Miscellaneous Manufacturers - 0.5%** | **Miscellaneous Manufacturers - 0.5%** | **Miscellaneous Manufacturers - 0.5%** |
| 9186 | Siemens AG, Class Registered Shares | 2432730 |
| **Packaging & Containers - 1.2%** | **Packaging & Containers - 1.2%** | **Packaging & Containers - 1.2%** |
| 412875 | Amcor PLC | 3517695 |
| 65853 | Smurfit WestRock PLC | 2350293 |
|  | Total Packaging & Containers | 5867988 |
| **Transportation - 0.9%** | **Transportation - 0.9%** | **Transportation - 0.9%** |
| 58430 | Deutsche Post AG | 3041486 |
| 5595 | Union Pacific Corp. | 1297089 |
|  | Total Transportation | 4338575 |
|  | **TOTAL INDUSTRIAL** | **40595228** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **TECHNOLOGY - 4.0%** | **TECHNOLOGY - 4.0%** | **TECHNOLOGY - 4.0%** |
| **Computers - 0.5%** | **Computers - 0.5%** | **Computers - 0.5%** |
| 7318 | International Business Machines Corp. | $2258189 |
| **Semiconductors - 2.4%** | **Semiconductors - 2.4%** | **Semiconductors - 2.4%** |
| 6688 | Analog Devices Inc. | 1774594 |
| 12345 | Broadcom Inc. | 4974541 |
| 38063 | Samsung Electronics Co., Ltd. | 1950347 |
| 18190 | Texas Instruments Inc. | 3060831 |
|  | Total Semiconductors | 11760313 |
| **Software - 1.1%** | **Software - 1.1%** | **Software - 1.1%** |
| 2822 | Microsoft Corp. | 1388452 |
| 7398 | Oracle Corp. | 1494026 |
| 24153 | Paychex Inc. | 2697649 |
|  | Total Software | 5580127 |
|  | **TOTAL TECHNOLOGY** | **19598629** |
| **UTILITIES - 10.2%** | **UTILITIES - 10.2%** | **UTILITIES - 10.2%** |
| **Electric - 9.0%** | **Electric - 9.0%** | **Electric - 9.0%** |
| 180330 | Algonquin Power & Utilities Corp. | 1110833 |
| 55078 | Alliant Energy Corp. | 3826269 |
| 23260 | American Electric Power Co., Inc. | 2878890 |
| 69085 | CenterPoint Energy Inc. | 2762018 |
| 20551 | Duke Energy Corp. | 2547091 |
| 233016 | Enel SpA | 2407873 |
| 62400 | Evergy Inc. | 4845360 |
| 30328 | Eversource Energy | 2037435 |
| 88075 | FirstEnergy Corp. | 4202939 |
| 534617 | National Grid PLC | 8103415 |
| 52510 | PPL Corp. | 1937619 |
| 21395 | Sempra | 2026535 |
| 12050 | Southern Co. | 1097996 |
| 18700 | WEC Energy Group Inc. | 2095709 |
| 21000 | Xcel Energy Inc. | 1724310 |
|  | Total Electric | 43604292 |
| **Gas - 1.2%** | **Gas - 1.2%** | **Gas - 1.2%** |
| 59130 | MDU Resources Group Inc. | 1260652 |
| 28110 | Southwest Gas Holdings Inc. | 2334535 |
| 54275 | UGI Corp. | 2146576 |
|  | Total Gas | 5741763 |
|  | **TOTAL UTILITIES** | **49346055** |
|  | **TOTAL COMMON STOCKS**<br> (Cost - $307,354,772) | **409129129** |
| **EXCHANGE TRADED FUND (ETF) - 12.6%** | **EXCHANGE TRADED FUND (ETF) - 12.6%** | **EXCHANGE TRADED FUND (ETF) - 12.6%** |
| 874387 | iShares Core Dividend Growth<br> (Cost - $51,921,301) | 61145883 |
| **LIMITED PARTNERSHIP - 0.5%** | **LIMITED PARTNERSHIP - 0.5%** | **LIMITED PARTNERSHIP - 0.5%** |
| **ENERGY - 0.5%** | **ENERGY - 0.5%** | **ENERGY - 0.5%** |
| **Pipelines - 0.5%** | **Pipelines - 0.5%** | **Pipelines - 0.5%** |
| 77335 | Enterprise Products Partners LP<br> (Cost - $1,809,205) | 2531948 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **** | **Security** | **Value** |
| **CONVERTIBLE PREFERRED STOCK - 0.5%** | **CONVERTIBLE PREFERRED STOCK - 0.5%** | **CONVERTIBLE PREFERRED STOCK - 0.5%** | **CONVERTIBLE PREFERRED STOCK - 0.5%** |
| **INDUSTRIAL - 0.5%** | **INDUSTRIAL - 0.5%** | **INDUSTRIAL - 0.5%** | **INDUSTRIAL - 0.5%** |
| **Aerospace/Defense - 0.5%** | **Aerospace/Defense - 0.5%** | **Aerospace/Defense - 0.5%** | **Aerospace/Defense - 0.5%** |
| 34800 | | Boeing Co., 6.000%<br> (Cost - $1,925,735) | $2200056 |
| **WARRANT - 0.3%** | **WARRANT - 0.3%** | **WARRANT - 0.3%** | **WARRANT - 0.3%** |
| **FINANCIAL - 0.3%** | **FINANCIAL - 0.3%** | **FINANCIAL - 0.3%** | **FINANCIAL - 0.3%** |
| **Banks - 0.3%** | **Banks - 0.3%** | **Banks - 0.3%** | **Banks - 0.3%** |
| 12900 | | BofA Finance LLC<sup>\*(b)</sup><br> (Cost - $1,720,631) | 1486966 |
|  | | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS**<br> (Cost - $364,731,644) | **476493982** |
|  | |  |  |
| **<br>Face Amount†** | **** |  |  |
| **SHORT-TERM INVESTMENTS - 1.4%** | **SHORT-TERM INVESTMENTS - 1.4%** | **SHORT-TERM INVESTMENTS - 1.4%** | **SHORT-TERM INVESTMENTS - 1.4%** |
| **CORPORATE NOTES - 0.3%** | **CORPORATE NOTES - 0.3%** | **CORPORATE NOTES - 0.3%** | **CORPORATE NOTES - 0.3%** |
| 9460 | | JPMorgan Chase Bank N.A., (68.000)% due 12/23/25<sup>(b)(c)</sup> | 592663 |
| 1070 | | Merrill Lynch International & Co. CV, 12.000% due 5/18/26<sup>(b)</sup> | 800308 |
|  | | **TOTAL CORPORATE NOTES** <br> (Cost - $2,334,393) | **1392971** |
| **TIME DEPOSITS - 1.1%** | **TIME DEPOSITS - 1.1%** | **TIME DEPOSITS - 1.1%** | **TIME DEPOSITS - 1.1%** |
| 3 | <sup>CHF</sup> | BNP Paribas SA - Paris, (0.300)% due 12/1/25 | 4 |
|  | | Citibank - London: |  |
| 1154 | <sup>EUR</sup> | &nbsp;&nbsp;0.880% due 12/1/25 | 1338 |
| 11 | <sup>GBP</sup> | &nbsp;&nbsp;2.910% due 12/1/25 | 15 |
| 3192591 | | Citibank - New York, 3.220% due 12/1/25 | 3192591 |
| 99 | <sup>SGD</sup> | Hong Kong & Shanghai Bank - Singapore, 0.350% due 12/1/25 | 77 |
| 849462 | | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 849462 |
|  | | Royal Bank of Canada - Toronto: |  |
| 33945 | <sup>CAD</sup> | &nbsp;&nbsp;1.080% due 12/1/25 | 24280 |
| 1352708 | | &nbsp;&nbsp;3.220% due 12/1/25 | 1352708 |
|  | | **TOTAL TIME DEPOSITS**<br> (Cost - $5,420,475) | **5420475** |
|  | | **TOTAL SHORT-TERM INVESTMENTS**<br> (Cost - $7,754,868) | **6813446** |
|  | |  |  |
| **<br>Shares/Units** | **** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.0%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.0%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.0%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.0%** |
| **MONEY MARKET FUND - 1.0%** | **MONEY MARKET FUND - 1.0%** | **MONEY MARKET FUND - 1.0%** | **MONEY MARKET FUND - 1.0%** |
| 4940755 | | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(d)</sup><br> (Cost - $4,940,755) | 4940755 |
|  | | **TOTAL INVESTMENTS - 100.7%**<br> (Cost - $377,427,267) | **488248183** |
|  | | Liabilities in Excess of Other Assets - (0.7)% | (3157103) |
|  | | **TOTAL NET ASSETS - 100.0%** | $**485091080** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (continued)**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | All or a portion of this security is on loan. |
| (b) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $5,338,686 and represents 1.10% of net assets. |
| (c) | Rate shown represents yield-to-maturity. |
| (d) | Represents investment of collateral received from securities lending transactions. |

---

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| ADR | **—** | American Depositary Receipts |
| LLC | **—** | Limited Liability Company |
| LP | **—** | Limited Partnership |
| PLC | **—** | Public Limited Company |
| REIT | **—** | Real Estate Investment Trust |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Sector^** | **Summary of Investments by Security Sector^** |
| Financial | 20.5% |
| Consumer Non-cyclical | 19 |
| Utilities | 10.1 |
| Energy | 9.2 |
| Industrial | 8.8 |
| Communications | 6.2 |
| Consumer Cyclical | 4.8 |
| Technology | 4 |
| Basic Materials | 2.5 |
| Exchange Traded Fund (ETFs) | 12.5 |
| Short-Term Investments | 1.4 |
| Money Market Fund | 1 |
|  | 100.0% |

---

^ As a percentage of total investments.

**Schedule of Options Contracts Written**

**Equity Options**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Number of <br> Contracts** | **Notional <br> Amount** | **Security Name** | **Counterparty** | **Expiration <br> Date** | **Exercise <br> Rate** | **Value** |
| 10 | $174430 | Agnico Eagle Mines Ltd., Call | BNP | 12/19/25 | $210.00 | $(750) |
| 15 | 415920 | Cigna Group, Put | BNP | 12/19/25 | 210.00 | (900) |
| 15 | 269370 | Darden Restaurants Inc., Put | BNP | 12/19/25 | 150.00 | (900) |
| 3 | 247812 | Goldman Sachs Group Inc., Call | BNP | 12/19/25 | 880.00 | (915) |
| 5 | 154290 | International Business Machines Corp., Call | BNP | 12/19/25 | 340.00 | (265) |
| 5 | 154290 | International Business Machines Corp., Call | BNP | 12/19/25 | 350.00 | (110) |
| 10 | 168270 | Texas Instruments Inc., Put | BNP | 12/19/25 | 135.00 | (140) |
| 10 | 168270 | Texas Instruments Inc., Put | BNP | 12/19/25 | 140.00 | (240) |
| 20 | 171700 | Wells Fargo & Co., Call | BNP | 12/19/25 | 100.00 | (60) |
|  |  | **TOTAL OPTIONS CONTRACTS WRITTEN<br> (Premiums received — $9,711)** |  |  |  | $**(4280)** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

 **Destinations Equity Income Fund (concluded)**

---

| | | |
|:---|:---|:---|
| Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: |
| CAD | **—** | Canadian Dollar |
| CHF | **—** | Swiss Franc |
| EUR | **—** | Euro |
| GBP | **—** | British Pound |
| SGD | **—** | Singapore Dollar |

---

---

| | | |
|:---|:---|:---|
| Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: |
| BNP | **—** | BNP Paribas SA |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations International Equity Fund**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 92.5%** | **COMMON STOCKS - 92.5%** | **COMMON STOCKS - 92.5%** |
| **Australia - 2.5%** | **Australia - 2.5%** | **Australia - 2.5%** |
| 148779 | AGL Energy Ltd. | $916042 |
| 8566 | ALS Ltd. | 125608 |
| 33522 | AMP Ltd. | 38158 |
| 4019 | Ampol Ltd. | 81173 |
| 1960 | Ansell Ltd. | 48119 |
| 457635 | ANZ Group Holdings Ltd. | 10392206 |
| 19985 | APA Group | 121274 |
| 9162 | Aristocrat Leisure Ltd. | 351283 |
| 3351 | ASX Ltd. | 127707 |
| 17818 | Atlas Arteria Ltd. | 58106 |
| 31108 | Aurizon Holdings Ltd. | 72939 |
| 9383 | Bank of Queensland Ltd. | 39584 |
| 16624 | Beach Energy Ltd. | 12852 |
| 9063 | Bendigo & Adelaide Bank Ltd. | 60819 |
| 79688 | BHP Group Ltd. | 2183887 |
| 6697 | BlueScope Steel Ltd. | 106739 |
| 22708 | Brambles Ltd. | 358115 |
| 6293 | CAR Group Ltd. | 143334 |
| 7593 | Challenger Ltd. | 44203 |
| 8219 | Charter Hall Group | 133857 |
| 36818 | Cleanaway Waste Management Ltd. | 64925 |
| 1027 | Cochlear Ltd. | 187747 |
| 22544 | Coles Group Ltd. | 329454 |
| 27262 | Commonwealth Bank of Australia | 2725860 |
| 8504 | Computershare Ltd. | 200012 |
| 7859 | CSL Ltd. | 958073 |
| 6567 | Deterra Royalties Ltd. | 17443 |
| 19148 | Dexus | 89929 |
| 1601 | Domino's Pizza Enterprises Ltd. | 22452 |
| 9664 | Downer EDI Ltd. | 50074 |
| 33245 | Dyno Nobel Ltd. | 74384 |
| 2674 | EBOS Group Ltd. | 43691 |
| 22901 | Endeavour Group Ltd. | 55499 |
| 34072 | Evolution Mining Ltd. | 268674 |
| 3188 | Flight Centre Travel Group Ltd. | 28298 |
| 26676 | Fortescue Ltd. | 374869 |
| 32829 | Goodman Group | 638511 |
| 29829 | GPT Group | 108609 |
| 159647 | GrainCorp Ltd., Class A Shares | 844792 |
| 9902 | Harvey Norman Holdings Ltd. | 45066 |
| 983 | HUB24 Ltd. | 67104 |
| 12879 | IGO Ltd.<sup>\*</sup> | 57172 |
| 5462 | Iluka Resources Ltd. | 23178 |
| 4882 | Insignia Financial Ltd.<sup>\*</sup> | 14545 |
| 37548 | Insurance Australia Group Ltd. | 190948 |
| 1654 | JB Hi-Fi Ltd. | 106488 |
| 14290 | Lendlease Corp., Ltd. | 48972 |
| 34638 | Lottery Corp., Ltd | 124094 |
| 16571 | Lynas Rare Earths Ltd.<sup>\*</sup> | 157647 |
| 5541 | Macquarie Group Ltd. | 717107 |
| 3449 | Magellan Financial Group Ltd. | 21494 |
| 45011 | Medibank Pvt Ltd. | 140072 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Australia - (continued)** | **Australia - (continued)** | **Australia - (continued)** |
| 198614 | Metcash Ltd. | $481579 |
| 2507 | Mineral Resources Ltd.<sup>\*</sup> | 80683 |
| 71491 | Mirvac Group | 101300 |
| 67200 | MMG Ltd.<sup>\*</sup> | 59867 |
| 49847 | National Australia Bank Ltd. | 1310809 |
| 1941 | Netwealth Group Ltd. | 36449 |
| 5455 | New Hope Corp., Ltd | 13671 |
| 11013 | NEXTDC Ltd.<sup>\*</sup> | 98294 |
| 484466 | Northern Star Resources Ltd. | 8722299 |
| 8723 | Orica Ltd. | 136483 |
| 27745 | Origin Energy Ltd. | 212312 |
| 20515 | Orora Ltd. | 29998 |
| 662252 | Perenti Ltd. | 1272660 |
| 1441 | Perpetual Ltd. | 18149 |
| 44102 | Pilbara Minerals Ltd.<sup>\*</sup> | 117157 |
| 869 | Pro Medicus Ltd. | 152191 |
| 11642 | Qantas Airways Ltd. | 76255 |
| 24628 | QBE Insurance Group Ltd. | 310739 |
| 25075 | Qube Holdings Ltd. | 79814 |
| 2908 | Ramsay Health Care Ltd. | 70089 |
| 783 | REA Group Ltd. | 100487 |
| 4543 | Reece Ltd. | 37826 |
| 18711 | Region Group | 29313 |
| 632966 | Regis Resources Ltd. | 3102624 |
| 6065 | Rio Tinto Ltd. | 525687 |
| 52629 | Santos Ltd. | 223061 |
| 83204 | Scentre Group | 222386 |
| 6293 | SEEK Ltd. | 101104 |
| 3031 | SGH Ltd. | 94131 |
| 65607 | Sigma Healthcare Ltd. | 123660 |
| 2325 | Sims Ltd. | 26115 |
| 7194 | Sonic Healthcare Ltd. | 109857 |
| 68973 | South32 Ltd. | 145554 |
| 18415 | Steadfast Group Ltd. | 62606 |
| 37458 | Stockland | 147925 |
| 17801 | Suncorp Group Ltd. | 204848 |
| 5243 | Technology One Ltd. | 103725 |
| 4144 | Telix Pharmaceuticals Ltd.<sup>\*</sup> | 41118 |
| 67116 | Telstra Group Ltd. | 216267 |
| 5739 | TPG Telecom Ltd. | 14095 |
| 51864 | Transurban Group | 507203 |
| 11246 | Treasury Wine Estates Ltd. | 42866 |
| 69356 | Vicinity Ltd. | 111775 |
| 4069 | Washington H Soul Pattinson & Co., Ltd. | 100852 |
| 18344 | Wesfarmers Ltd. | 984912 |
| 55816 | Westpac Banking Corp. | 1376295 |
| 14521 | Whitehaven Coal Ltd. | 65911 |
| 3064 | WiseTech Global Ltd. | 146633 |
| 94111 | Woodside Energy Group Ltd. | 1539103 |
| 19649 | Woolworths Group Ltd. | 377218 |
| 8374 | Worley Ltd. | 73170 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Australia - (continued)** | **Australia - (continued)** | **Australia - (continued)** | **Australia - (continued)** |
| 5571 | Yancoal Australia Ltd. | $| 19877 |
|  | Total Australia |  | 48572190 |
| **Austria - 0.0%** | **Austria - 0.0%** | **Austria - 0.0%** | **Austria - 0.0%** |
| 980 | ANDRITZ AG |  | 70841 |
| 974 | BAWAG Group AG<sup>\*(a)</sup> |  | 129983 |
| 4668 | Erste Group Bank AG |  | 510253 |
| 2255 | OMV AG |  | 124779 |
| 2035 | Raiffeisen Bank International AG |  | 82273 |
| 217 | Strabag SE |  | 19402 |
| 783 | Telekom Austria AG, Class A Shares |  | 8099 |
| 1154 | Verbund AG |  | 84552 |
|  | Total Austria |  | 1030182 |
| **Belgium - 0.2%** | **Belgium - 0.2%** | **Belgium - 0.2%** | **Belgium - 0.2%** |
| 392 | Ackermans & van Haaren NV |  | 100303 |
| 2834 | Ageas SA |  | 193283 |
| 15353 | Anheuser-Busch InBev SA |  | 943695 |
| 363 | D'ieteren Group |  | 63219 |
| 798 | Elia Group SA, Class B Shares |  | 96401 |
| 1170 | Groupe Bruxelles Lambert NV |  | 101236 |
| 3717 | KBC Group NV |  | 458106 |
| 7 | Lotus Bakeries NV |  | 62843 |
| 105821 | Proximus SADP |  | 909920 |
| 251 | Sofina SA |  | 70675 |
| 1276 | Syensqo SA |  | 104080 |
| 1973 | UCB SA |  | 551577 |
| 3154 | Warehouses De Pauw CVA |  | 81978 |
|  | Total Belgium |  | 3737316 |
| **Bermuda - 0.1%** | **Bermuda - 0.1%** | **Bermuda - 0.1%** | **Bermuda - 0.1%** |
| 113306 | Hiscox Ltd. |  | 2010612 |
| **Brazil - 1.5%** | **Brazil - 1.5%** | **Brazil - 1.5%** | **Brazil - 1.5%** |
| 42620 | Afya Ltd., Class A Shares |  | 645267 |
| 511660 | B3 SA - Brasil Bolsa Balcao |  | 1434422 |
| 191726 | Banco BTG Pactual SA |  | 1940165 |
| 399500 | GPS Participacoes e Empreendimentos SA<sup>(a)</sup> |  | 1489820 |
| 1103518 | Inter & Co., Inc. |  | 10070991 |
| 232635 | Localiza Rent a Car SA |  | 1972684 |
| 997407 | Lojas Renner SA |  | 2943857 |
| 443208 | Metalurgica Gerdau SA |  | 913617 |
| 121463 | NU Holdings Ltd., Class A Shares<sup>\*</sup> |  | 2112241 |
| 251000 | Odontoprev SA |  | 545626 |
| 102835 | Petroleo Brasileiro SA - Petrobras, Class AShares, ADR |  | 1222708 |
| 208600 | TOTVS SA |  | 1673100 |
| 98353 | XP Inc., Class A Shares |  | 1938538 |
|  | Total Brazil |  | 28903036 |
| **Canada - 6.6%** | **Canada - 6.6%** | **Canada - 6.6%** | **Canada - 6.6%** |
| 269208 | AGF Management Ltd., Class B Shares |  | 2726644 |
| 40544 | Agnico Eagle Mines Ltd. |  | 7070006 |
| 39500 | Air Canada<sup>\*</sup> |  | 537384 |
| 6500 | Alamos Gold Inc., Class A Shares |  | 245299 |
| 12673 | Alimentation Couche-Tard Inc. |  | 691914 |
| 3600 | AltaGas Ltd. |  | 111035 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Canada - (continued)** | **Canada - (continued)** | **Canada - (continued)** |
| 8500 | ARC Resources Ltd. | $152058 |
| 2600 | AtkinsRealis Group Inc. | 161295 |
| 11912 | Bank of Montreal<sup>(b)</sup> | 1507351 |
| 162023 | Bank of Nova Scotia | 11234584 |
| 148110 | Barrick Mining Corp. | 6190099 |
| 5385 | BCE Inc. | 126801 |
| 1400 | Bombardier Inc., Class B Shares<sup>\*</sup> | 232414 |
| 34951 | Brookfield Corp. | 1649488 |
| 4800 | CAE Inc.<sup>\*</sup> | 131257 |
| 7167 | Cameco Corp.<sup>\*</sup> | 635421 |
| 21200 | Canadian Apartment Properties REIT | 576686 |
| 15505 | Canadian Imperial Bank of Commerce | 1340059 |
| 67368 | Canadian National Railway Co. | 6458410 |
| 34194 | Canadian Natural Resources Ltd. | 1156636 |
| 15332 | Canadian Pacific Kansas City Ltd. | 1110159 |
| 600 | Canadian Tire Corp., Ltd, Class A Shares | 72967 |
| 11679 | Celestica Inc.<sup>\*</sup> | 4010733 |
| 20862 | Cenovus Energy Inc. | 372011 |
| 160200 | Centerra Gold Inc. | 2122173 |
| 3333 | CGI Inc., Class A Shares | 296741 |
| 1043 | Constellation Software Inc. | 2523291 |
| 39342 | Definity Financial Corp. | 2030346 |
| 32693 | Descartes Systems Group Inc.<sup>\*</sup> | 2694173 |
| 4409 | Dollarama Inc. | 630578 |
| 120021 | Element Fleet Management Corp. | 3196153 |
| 4000 | Emera Inc. | 194042 |
| 36009 | Enbridge Inc.<sup>(b)</sup> | 1749645 |
| 363 | Fairfax Financial Holdings Ltd.<sup>(c)</sup> | 624797 |
| 61449 | Finning International Inc. | 3285953 |
| 10800 | First Quantum Minerals Ltd.<sup>\*</sup> | 245965 |
| 500 | FirstService Corp. | 78588 |
| 8246 | Fortis Inc. | 432103 |
| 65100 | Fortuna Mining Corp.<sup>\*</sup> | 657961 |
| 57874 | Franco-Nevada Corp. | 12093909 |
| 2601 | George Weston Ltd. | 178287 |
| 4000 | GFL Environmental Inc. | 181911 |
| 2000 | Gildan Activewear Inc., Class A Shares | 114717 |
| 4315 | Great-West Lifeco Inc. | 199971 |
| 5102 | Hydro One Ltd.<sup>(a)</sup> | 199766 |
| 1200 | iA Financial Corp. Inc. | 141677 |
| 2500 | Imperial Oil Ltd. | 249812 |
| 2984 | Intact Financial Corp. | 609158 |
| 11200 | Ivanhoe Mines Ltd., Class A Shares<sup>\*</sup> | 117123 |
| 2800 | Keyera Corp. | 90426 |
| 19800 | Kinross Gold Corp. | 557723 |
| 13800 | Linamar Corp. | 780590 |
| 9504 | Loblaw Cos., Ltd. | 421479 |
| 1600 | Lundin Gold Inc. | 134782 |
| 10100 | Lundin Mining Corp. | 188628 |
| 4625 | Magna International Inc. | 226246 |
| 28624 | Manulife Financial Corp. | 1012860 |
| 3165 | Metro Inc. | 226975 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Canada - (continued)** | **Canada - (continued)** | **Canada - (continued)** | **Canada - (continued)** |
| 6506 | National Bank of Canada | $| 786230 |
| 8158 | Nutrien Ltd. |  | 474408 |
| 120500 | OceanaGold Corp. |  | 3100308 |
| 3500 | Open Text Corp. |  | 117789 |
| 6600 | Pan American Silver Corp. |  | 299019 |
| 9627 | Pembina Pipeline Corp. |  | 373016 |
| 8787 | Power Corp. of Canada |  | 447191 |
| 5221 | Restaurant Brands International Inc. |  | 379200 |
| 34400 | RioCan Real Estate Investment Trust |  | 466032 |
| 23358 | Royal Bank of Canada |  | 3611171 |
| 38568 | Russel Metals Inc. |  | 1125549 |
| 2700 | Saputo Inc. |  | 76497 |
| 43946 | Shopify Inc., Class A Shares<sup>\*</sup> |  | 6991815 |
| 1700 | Stantec Inc. |  | 163416 |
| 9476 | Sun Life Financial Inc. |  | 561423 |
| 164560 | Suncor Energy Inc.<sup>(b)</sup> |  | 7396696 |
| 45232 | Suncor Energy Inc. |  | 2025489 |
| 85200 | Superior Plus Corp. |  | 452799 |
| 17157 | TC Energy Corp. |  | 926543 |
| 8116 | Teck Resources Ltd., Class B Shares |  | 345353 |
| 8379 | TELUS Corp. |  | 109918 |
| 1100 | TFI International Inc. |  | 95889 |
| 2254 | Thomson Reuters Corp. |  | 305601 |
| 32959 | TMX Group Ltd. |  | 1209396 |
| 28480 | Toronto-Dominion Bank |  | 2396675 |
| 5839 | Tourmaline Oil Corp. |  | 268635 |
| 4256 | Waste Connections Inc. |  | 755306 |
| 59892 | Wheaton Precious Metals Corp. |  | 6574604 |
| 15900 | Whitecap Resources Inc. |  | 132950 |
| 1900 | WSP Global Inc. |  | 332216 |
|  | Total Canada |  | 129290394 |
| **Chile - 0.1%** | **Chile - 0.1%** | **Chile - 0.1%** | **Chile - 0.1%** |
| 5858 | Antofagasta PLC |  | 214357 |
| 21840 | Sociedad Quimica y Minera de Chile SA, ADR<sup>\*</sup> |  | 1404749 |
|  | Total Chile |  | 1619106 |
| **China - 3.3%** | **China - 3.3%** | **China - 3.3%** | **China - 3.3%** |
| 13500 | AAC Technologies Holdings Inc. |  | 63837 |
| 118314 | BYD Co., Ltd., Class H Shares<sup>(d)</sup> |  | 1486734 |
| 573292 | China Mengniu Dairy Co., Ltd. |  | 1107566 |
| 75406 | Contemporary Amperex Technology Co., Ltd., Class A Shares |  | 3995880 |
| 292406 | FinVolution Group, ADR |  | 1459106 |
| 750000 | Fufeng Group Ltd. |  | 774251 |
| 222185 | Full Truck Alliance Co., Ltd., ADR |  | 2521800 |
| 157542 | Fuyao Glass Industry Group Co., Ltd., Class A Shares |  | 1469648 |
| 44951 | GDS Holdings Ltd., ADR<sup>\*(b)</sup> |  | 1526985 |
| 234000 | Harbin Electric Co., Ltd., Class H Shares<sup>(d)</sup> |  | 429238 |
| 167106 | Hello Group Inc., ADR |  | 1163058 |
| 270160 | Hongfa Technology Co., Ltd., Class A Shares |  | 1115225 |
| 142900 | iQIYI Inc., ADR<sup>\*(b)</sup> |  | 312951 |
| 137406 | Jiangsu Hengli Hydraulic Co., Ltd., Class A Shares |  | 1973557 |
| 97304 | KE Holdings Inc., ADR |  | 1676548 |
| 1353960 | Kingdee International Software Group Co., Ltd.<sup>\*</sup> |  | 2461503 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **China - (continued)** | **China - (continued)** | **China - (continued)** | **China - (continued)** |
| 189255 | Kuaishou Technology, Class B Shares<sup>(a)</sup> | $| 1656209 |
| 21865 | Kweichow Moutai Co., Ltd., Class A Shares |  | 4487728 |
| 270500 | Legend Holdings Corp., Class H Shares<sup>\*(d)</sup> |  | 331914 |
| 122000 | Lenovo Group Ltd. |  | 152237 |
| 95863 | Pony AI Inc., ADR<sup>\*(b)</sup> |  | 1310447 |
| 273700 | Sany Heavy Industry Co., Ltd., Class A Shares |  | 787320 |
| 54800 | Sany Heavy Industry Co., Ltd., Class H Shares<sup>\*(d)</sup> |  | 148937 |
| 267320 | SF Holding Co., Ltd., Class H Shares<sup>(d)</sup> |  | 1230315 |
| 192000 | Shenzhen Inovance Technology Co., Ltd., Class A Shares |  | 1922327 |
| 262700 | Shenzhou International Group Holdings Ltd. |  | 2343144 |
| 134031 | Tencent Holdings Ltd. |  | 10592621 |
| 16891 | Tencent Holdings Ltd., ADR |  | 1335065 |
| 80875 | Tencent Music Entertainment Group, ADR |  | 1492144 |
| 558800 | Tongcheng Travel Holdings Ltd.<sup>@</sup> |  | 1570999 |
| 138008 | Weibo Corp., ADR |  | 1371799 |
| 98614 | Wuxi Biologics Cayman Inc.<sup>\*(a)</sup> |  | 395918 |
| 198600 | XD Inc. |  | 1808601 |
| 38453 | XPeng Inc., ADR<sup>\*(b)</sup> |  | 839429 |
| 34016 | XPeng Inc., Class A Shares<sup>\*</sup> |  | 370685 |
| 953900 | Yangzijiang Shipbuilding Holdings Ltd. |  | 2464479 |
| 53456 | Zai Lab Ltd., ADR<sup>\*</sup> |  | 1091037 |
| 388325 | Zhejiang Sanhua Intelligent Controls Co., Ltd., Class H Shares<sup>\*(d)</sup> |  | 1741081 |
| 325096 | Zhejiang Shuanghuan Driveline Co., Ltd., Class A Shares |  | 1837669 |
|  | Total China |  | 64819992 |
| **Denmark - 1.3%** | **Denmark - 1.3%** | **Denmark - 1.3%** | **Denmark - 1.3%** |
| 47 | AP Moller - Maersk AS, Class A Shares |  | 94158 |
| 64 | AP Moller - Maersk AS, Class B Shares |  | 127976 |
| 50094 | Carlsberg AS, Class B Shares |  | 6220651 |
| 2049 | Coloplast AS, Class B Shares |  | 184849 |
| 15891 | D/S Norden AS |  | 625108 |
| 10673 | Danske Bank AS |  | 491022 |
| 1470 | Demant AS<sup>\*</sup> |  | 50063 |
| 3150 | DSV AS |  | 717483 |
| 1009 | Genmab AS<sup>\*</sup> |  | 325753 |
| 4982 | H Lundbeck AS |  | 34379 |
| 31465 | ISS AS |  | 1039533 |
| 51727 | Novo Nordisk AS, ADR |  | 2552727 |
| 51681 | Novo Nordisk AS, Class B Shares |  | 2545056 |
| 14541 | Novonesis Novozymes B |  | 906481 |
| 8152 | Orsted AS<sup>\*(a)</sup> |  | 173364 |
| 1260 | Pandora AS |  | 150593 |
| 1255 | ROCKWOOL AS, Class B Shares |  | 42393 |
| 5034 | Tryg AS |  | 124681 |
| 386647 | Vestas Wind Systems AS |  | 9191099 |
|  | Total Denmark |  | 25597369 |
| **Finland - 1.9%** | **Finland - 1.9%** | **Finland - 1.9%** | **Finland - 1.9%** |
| 2273 | Elisa OYJ |  | 99629 |
| 439542 | Fortum OYJ |  | 9023355 |
| 4770 | Kesko OYJ, Class B Shares |  | 101506 |
| 5175 | Kone OYJ, Class B Shares |  | 351589 |
| 11788 | Metso OYJ |  | 194225 |
| 7223 | Neste OYJ |  | 139579 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Finland - (continued)** | **Finland - (continued)** | **Finland - (continued)** | **Finland - (continued)** |
| 1027818 | Nokia OYJ | $| 6219791 |
| 623758 | Nordea Bank Abp |  | 11086000 |
| 1673 | Orion OYJ, Class B Shares |  | 119686 |
| 38780 | Sampo OYJ, Class A Shares |  | 455903 |
| 697716 | Stora Enso OYJ, Class R Shares |  | 8205255 |
| 8287 | UPM-Kymmene OYJ |  | 226114 |
| 2318 | Valmet OYJ |  | 75611 |
| 7483 | Wartsila OYJ Abp |  | 242675 |
|  | Total Finland |  | 36540918 |
| **France - 6.5%** | **France - 6.5%** | **France - 6.5%** | **France - 6.5%** |
| 3603 | Accor SA |  | 195602 |
| 645 | Aeroports de Paris SA |  | 94564 |
| 9306 | Air Liquide SA |  | 1781586 |
| 22290 | Airbus SE |  | 5169417 |
| 5244 | Alstom SA<sup>\*</sup> |  | 137397 |
| 948 | Amundi SA<sup>(a)</sup> |  | 75917 |
| 1037 | Arkema SA |  | 62793 |
| 56883 | AXA SA |  | 2566509 |
| 3273 | Ayvens SA<sup>(a)</sup> |  | 42195 |
| 737 | BioMerieux |  | 92266 |
| 126291 | BNP Paribas SA |  | 10860376 |
| 9638 | Bollore SE |  | 53450 |
| 2913 | Bouygues SA |  | 145519 |
| 5255 | Bureau Veritas SA |  | 168203 |
| 62174 | Capgemini SE |  | 9718595 |
| 8991 | Carrefour SA |  | 137873 |
| 51117 | Compania de Saint-Gobain SA |  | 5104347 |
| 10542 | Compania Generale des Etablissements Michelin SCA |  | 344405 |
| 939 | Covivio SA |  | 60681 |
| 15468 | Credit Agricole SA |  | 296718 |
| 10450 | Danone SA |  | 932596 |
| 9302 | Dassault Aviation SA |  | 2917634 |
| 130110 | Dassault Systemes SE |  | 3640800 |
| 4083 | Edenred SE |  | 87546 |
| 1127 | Eiffage SA |  | 155450 |
| 29157 | Engie SA |  | 740776 |
| 16700 | EssilorLuxottica SA |  | 5981554 |
| 786 | Eurazeo SE |  | 49900 |
| 1690 | FDJ UNITED |  | 47571 |
| 926 | Gecina SA |  | 85804 |
| 5280 | Getlink SE |  | 95382 |
| 1444 | Hermes International SCA |  | 3516800 |
| 16535 | ICADE |  | 407267 |
| 610 | Ipsen SA |  | 88000 |
| 1114 | Kering SA |  | 379668 |
| 3239 | Klepierre SA |  | 125988 |
| 73614 | Legrand SA |  | 11157911 |
| 3734 | L'Oreal SA |  | 1626723 |
| 4149 | LVMH Moet Hennessy Louis Vuitton SE |  | 3077169 |
| 34508 | Orange SA |  | 569051 |
| 31367 | Pernod Ricard SA |  | 2824873 |
| 3806 | Publicis Groupe SA |  | 370968 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **France - (continued)** | **France - (continued)** | **France - (continued)** | **France - (continued)** |
| 2966 | Renault SA | $| 118668 |
| 3700 | Rexel SA |  | 140863 |
| 17358 | Safran SA |  | 5855142 |
| 17437 | Sanofi SA |  | 1736652 |
| 13606 | Sartorius Stedim Biotech |  | 3275413 |
| 40733 | Schneider Electric SE |  | 10951556 |
| 317950 | SCOR SE |  | 10221396 |
| 507 | SEB SA |  | 28692 |
| 11885 | Societe Generale SA |  | 828592 |
| 1445 | Sodexo SA |  | 76357 |
| 1787 | SPIE SA |  | 96768 |
| 864 | Teleperformance SE |  | 59382 |
| 26537 | Thales SA |  | 6933526 |
| 156319 | TotalEnergies SE |  | 10266620 |
| 1599 | Unibail-Rodamco-Westfield |  | 169950 |
| 9957 | Veolia Environnement SA |  | 338483 |
| 8239 | Vinci SA |  | 1167560 |
| 379 | Wendel SE |  | 35380 |
|  | Total France |  | 128288844 |
| **Germany - 5.1%** | **Germany - 5.1%** | **Germany - 5.1%** | **Germany - 5.1%** |
| 2744 | adidas AG |  | 511573 |
| 6275 | Allianz SE, Class Registered Shares |  | 2709447 |
| 102679 | Aumovio SE<sup>\*</sup> |  | 4418205 |
| 14713 | BASF SE |  | 766175 |
| 16229 | Bayer AG, Class Registered Shares |  | 573755 |
| 5614 | Bayerische Motoren Werke AG |  | 565712 |
| 1239 | Bechtle AG |  | 63784 |
| 19246 | Beiersdorf AG |  | 2070234 |
| 1943 | Brenntag SE |  | 111433 |
| 527 | Carl Zeiss Meditec AG |  | 27230 |
| 12365 | Commerzbank AG |  | 485474 |
| 69102 | Continental AG |  | 5172327 |
| 2797 | Covestro AG<sup>\*</sup> |  | 200763 |
| 907 | CTS Eventim AG & Co. KGaA |  | 88831 |
| 8229 | Daimler Truck Holding AG |  | 348008 |
| 3870 | Delivery Hero SE, Class A Shares<sup>\*(a)</sup> |  | 90747 |
| 29152 | Deutsche Bank AG, Class Registered Shares |  | 1034884 |
| 29752 | Deutsche Boerse AG |  | 7949262 |
| 10030 | Deutsche Lufthansa AG, Class Registered Shares |  | 96204 |
| 135259 | Deutsche Post AG |  | 7040704 |
| 144428 | Deutsche Telekom AG, Class Registered Shares |  | 4651720 |
| 1070 | Deutsche Wohnen SE |  | 27083 |
| 556 | DWS Group GmbH & Co. KGaA<sup>(a)</sup> |  | 34460 |
| 36471 | E.ON SE |  | 649244 |
| 3067 | Evonik Industries AG |  | 47203 |
| 460 | Fielmann Group AG |  | 23392 |
| 79985 | Fraport AG Frankfurt Airport Services Worldwide<sup>\*</sup> |  | 6708910 |
| 3441 | Fresenius Medical Care AG |  | 164602 |
| 6976 | Fresenius SE & Co. KGaA |  | 382540 |
| 1739 | FUCHS SE |  | 72875 |
| 2397 | GEA Group AG |  | 162350 |
| 987 | Hannover Rueck SE |  | 297133 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Germany - (continued)** | **Germany - (continued)** | **Germany - (continued)** | **Germany - (continued)** |
| 2072 | Heidelberg Materials AG | $| 531903 |
| 1611 | Henkel AG & Co. KGaA |  | 120920 |
| 2577 | Henkel AG & Co. KGaA |  | 208046 |
| 947 | Hensoldt AG |  | 75080 |
| 1901 | HOCHTIEF AG |  | 672019 |
| 196937 | Infineon Technologies AG |  | 8298266 |
| 1041 | KION Group AG |  | 77910 |
| 22874 | Knorr-Bremse AG |  | 2424631 |
| 1314 | LEG Immobilien SE |  | 98789 |
| 12103 | Mercedes-Benz Group AG |  | 816364 |
| 2115 | Merck KGaA |  | 284316 |
| 884 | MTU Aero Engines AG |  | 361109 |
| 2127 | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class Registered Shares |  | 1341942 |
| 994 | Nemetschek SE |  | 110950 |
| 86 | Rational AG |  | 64302 |
| 1117 | RENK Group AG |  | 65405 |
| 733 | Rheinmetall AG |  | 1258378 |
| 10934 | RWE AG |  | 555355 |
| 60911 | SAP SE |  | 14733113 |
| 51410 | Schott Pharma AG & Co. KGaA |  | 1140991 |
| 1124 | Scout24 SE<sup>(a)</sup> |  | 114875 |
| 24329 | Siemens AG, Class Registered Shares |  | 6443053 |
| 10501 | Siemens Energy AG<sup>\*</sup> |  | 1404210 |
| 65155 | Siemens Healthineers AG<sup>(a)</sup> |  | 3237250 |
| 56153 | Symrise AG, Class A Shares |  | 4652399 |
| 1067 | Talanx AG |  | 138479 |
| 959 | Traton SE |  | 32656 |
| 309855 | TUI AG<sup>\*</sup> |  | 2956119 |
| 3842 | Volkswagen AG |  | 438952 |
| 11549 | Vonovia SE |  | 349788 |
| 3666 | Zalando SE<sup>\*(a)</sup> |  | 98760 |
|  | Total Germany |  | 100652594 |
| **Greece - 0.3%** | **Greece - 0.3%** | **Greece - 0.3%** | **Greece - 0.3%** |
| 1146 | Metlen Energy & Metals PLC<sup>\*</sup> |  | 58726 |
| 136386 | National Bank of Greece SA |  | 2136074 |
| 429503 | Piraeus Financial Holdings SA<sup>\*</sup> |  | 3523444 |
|  | Total Greece |  | 5718244 |
| **Hong Kong - 1.6%** | **Hong Kong - 1.6%** | **Hong Kong - 1.6%** | **Hong Kong - 1.6%** |
| 1190385 | AIA Group Ltd. |  | 12404077 |
| 52422 | Alibaba Group Holding Ltd., ADR |  | 8245981 |
| 13055 | Bank of East Asia Ltd. |  | 22044 |
| 58500 | BOC Hong Kong Holdings Ltd. |  | 282040 |
| 37100 | Budweiser Brewing Co. APAC Ltd.<sup>(a)</sup> |  | 38222 |
| 10000 | Cathay Pacific Airways Ltd. |  | 15511 |
| 27400 | Chow Tai Fook Jewellery Group Ltd. |  | 48103 |
| 28500 | CK Asset Holdings Ltd. |  | 146377 |
| 44120 | CK Hutchison Holdings Ltd. |  | 312093 |
| 10500 | CK Infrastructure Holdings Ltd. |  | 72689 |
| 26658 | CLP Holdings Ltd. |  | 232951 |
| 19800 | CTF Services Ltd. |  | 19289 |
| 7500 | DFI Retail Group Holdings Ltd., Class Registered Shares |  | 25818 |
| 50000 | First Pacific Co., Ltd. |  | 40233 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Hong Kong - (continued)** | **Hong Kong - (continued)** | **Hong Kong - (continued)** | **Hong Kong - (continued)** |
| 37000 | Galaxy Entertainment Group Ltd. | $| 191881 |
| 15000 | Hang Lung Group Ltd. |  | 30123 |
| 20185 | Hang Lung Properties Ltd. |  | 23363 |
| 11100 | Hang Seng Bank Ltd. |  | 216954 |
| 18000 | Henderson Land Development Co., Ltd. |  | 67935 |
| 188000 | Hong Kong & China Gas Co., Ltd. |  | 174923 |
| 19700 | Hong Kong Exchanges & Clearing Ltd. |  | 1047543 |
| 16200 | Hongkong Land Holdings Ltd. |  | 102963 |
| 133300 | Hutchison Port Holdings Trust, Class U Shares |  | 27974 |
| 8000 | HUTCHMED China Ltd.<sup>\*</sup> |  | 23152 |
| 10000 | Hysan Development Co., Ltd. |  | 22804 |
| 3100 | Jardine Matheson Holdings Ltd. |  | 203826 |
| 7500 | Johnson Electric Holdings Ltd. |  | 28982 |
| 12000 | Kerry Properties Ltd. |  | 32519 |
| 41710 | Link REIT |  | 198034 |
| 28400 | Man Wah Holdings Ltd. |  | 17428 |
| 26500 | MTR Corp., Ltd |  | 105217 |
| 24000 | New World Development Co., Ltd.<sup>\*</sup> |  | 21206 |
| 2500 | Orient Overseas International Ltd. |  | 40615 |
| 63000 | PCCW Ltd. |  | 48596 |
| 21000 | Power Assets Holdings Ltd. |  | 140456 |
| 41766 | Prudential PLC |  | 605570 |
| 34000 | Shangri-La Asia Ltd. |  | 19734 |
| 48000 | Sino Land Co., Ltd. |  | 64443 |
| 21000 | SITC International Holdings Co., Ltd. |  | 72253 |
| 73000 | SJM Holdings Ltd.<sup>\*</sup> |  | 25387 |
| 23000 | Sun Hung Kai Properties Ltd. |  | 291791 |
| 6500 | Swire Pacific Ltd., Class A Shares |  | 55820 |
| 14600 | Swire Properties Ltd. |  | 40086 |
| 1746000 | TCL Electronics Holdings Ltd.<sup>\*</sup> |  | 2298987 |
| 23000 | Techtronic Industries Co., Ltd. |  | 270795 |
| 136000 | United Energy Group Ltd. |  | 8665 |
| 2280000 | VSTECS Holdings Ltd. |  | 2439488 |
| 3600 | VTech Holdings Ltd. |  | 29152 |
| 119000 | WH Group Ltd.<sup>(a)</sup> |  | 124719 |
| 13000 | Wharf Holdings Ltd. |  | 39489 |
| 28000 | Wharf Real Estate Investment Co., Ltd. |  | 88415 |
| 27658 | Xinyi Glass Holdings Ltd. |  | 30496 |
| 17500 | Yue Yuen Industrial Holdings Ltd. |  | 37018 |
|  | Total Hong Kong |  | 31214230 |
| **India - 5.5%** | **India - 5.5%** | **India - 5.5%** | **India - 5.5%** |
| 408416 | Afcons Infrastructure Ltd. |  | 1851219 |
| 107461 | Akums Drugs & Pharmaceuticals Ltd.<sup>\*</sup> |  | 511241 |
| 572784 | ASK Automotive Ltd. |  | 3167550 |
| 192581 | Axis Bank Ltd. |  | 2764286 |
| 442629 | Bajaj Finance Ltd. |  | 5138208 |
| 245931 | Bharat Electronics Ltd. |  | 1135094 |
| 172297 | Bharti Airtel Ltd. |  | 3869399 |
| 237590 | Cello World Ltd. |  | 1577456 |
| 402126 | Cholamandalam Investment & Finance Co., Ltd. |  | 7811673 |
| 29976 | Cummins India Ltd. |  | 1499202 |
| 253725 | DCW Ltd. |  | 174582 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **India - (continued)** | **India - (continued)** | **India - (continued)** | **India - (continued)** |
| 7294 | Dixon Technologies India Ltd. | $| 1193092 |
| 18282 | Dr Lal PathLabs Ltd. |  | 624341 |
| 998940 | Eternal Ltd.<sup>\*</sup> |  | 3361592 |
| 62694 | Godrej Consumer Products Ltd. |  | 803444 |
| 33449 | Godrej Properties Ltd.<sup>\*</sup> |  | 789148 |
| 142741 | HDFC Bank Ltd. |  | 1612191 |
| 33455 | HDFC Bank Ltd., ADR |  | 1231813 |
| 41320 | Hindustan Unilever Ltd. |  | 1142615 |
| 617320 | Honasa Consumer Ltd.<sup>\*</sup> |  | 2009058 |
| 160396 | ICICI Bank Ltd. |  | 2493891 |
| 52939 | ICICI Bank Ltd., ADR |  | 1653285 |
| 176810 | Info Edge India Ltd. |  | 2633088 |
| 45468 | InterGlobe Aviation Ltd.<sup>(a)</sup> |  | 3003622 |
| 140503 | Inventurus Knowledge Solutions Ltd.<sup>\*</sup> |  | 2650742 |
| 268783 | Jio Financial Services Ltd. |  | 920904 |
| 969613 | JM Financial Ltd. |  | 1576301 |
| 26705 | Kaynes Technology India Ltd.<sup>\*</sup> |  | 1652532 |
| 156116 | Kotak Mahindra Bank Ltd. |  | 3711806 |
| 50896 | Larsen & Toubro Ltd. |  | 2318315 |
| 296 | LG Electronics India Ltd.<sup>\*</sup> |  | 5498 |
| 111802 | LIC Housing Finance Ltd. |  | 688022 |
| 30617 | Mahindra & Mahindra Ltd. |  | 1286980 |
| 40061 | Maruti Suzuki India Ltd. |  | 7133071 |
| 184918 | Max Healthcare Institute Ltd. |  | 2404492 |
| 1111757 | National Aluminium Co., Ltd. |  | 3233787 |
| 165025 | Nippon Life India Asset Management Ltd.<sup>(a)</sup> |  | 1617239 |
| 729439 | NTPC Ltd. |  | 2669635 |
| 10415 | Nuvama Wealth Management Ltd. |  | 868416 |
| 488964 | Power Finance Corp., Ltd. |  | 1984411 |
| 437170 | Power Grid Corp. of India Ltd. |  | 1321552 |
| 186606 | PTC India Ltd. |  | 329307 |
| 640953 | Redington Ltd. |  | 2019731 |
| 221089 | Reliance Industries Ltd. |  | 3880925 |
| 84776 | SBI Life Insurance Co., Ltd.<sup>(a)</sup> |  | 1868523 |
| 21353 | SRF Ltd. |  | 700529 |
| 45165 | Suyog Telematics Ltd. |  | 332281 |
| 52976 | Tata Communications Ltd. |  | 1076418 |
| 60643 | Tata Consumer Products Ltd. |  | 795685 |
| 183886 | Titan Co., Ltd. |  | 8041699 |
| 27833 | Trent Ltd. |  | 1324064 |
| 108035 | Varun Beverages Ltd. |  | 582407 |
|  | Total India |  | 109046362 |
| **Indonesia - 1.1%** | **Indonesia - 1.1%** | **Indonesia - 1.1%** | **Indonesia - 1.1%** |
| 959700 | Adaro Andalan Indonesia PT |  | 432092 |
| 17265600 | Aneka Tambang Tbk |  | 3031108 |
| 16617400 | Bank Central Asia Tbk PT |  | 8292308 |
| 21312200 | Bank Mandiri Persero Tbk PT |  | 6188699 |
| 409600 | Indo Tambangraya Megah Tbk PT |  | 542717 |
| 2663400 | Japfa Comfeed Indonesia Tbk PT |  | 389999 |
| 10354000 | Telkom Indonesia Persero Tbk PT |  | 2191384 |
|  | Total Indonesia |  | 21068307 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Ireland - 1.7%** | **Ireland - 1.7%** | **Ireland - 1.7%** |
| 715846 | AIB Group PLC | $7361336 |
| 270617 | Bank of Ireland Group PLC | 4996808 |
| 39146 | CRH PLC | 4695954 |
| 1552 | DCC PLC | 102405 |
| 145968 | Experian PLC | 6419691 |
| 9081 | James Hardie Industries PLC, CDI<sup>\*</sup> | 180614 |
| 24517 | Kerry Group PLC, Class A Shares | 2273056 |
| 16379 | Kingspan Group PLC | 1401275 |
| 53593 | Ryanair Holdings PLC | 1754078 |
| 58734 | Ryanair Holdings PLC, ADR | 4003309 |
|  | Total Ireland | 33188526 |
| **Israel - 0.4%** | **Israel - 0.4%** | **Israel - 0.4%** |
| 1281 | Airport City Ltd.<sup>\*</sup> | 24038 |
| 4825 | Amot Investments Ltd. | 35983 |
| 524 | Azrieli Group Ltd. | 53132 |
| 22397 | Bank Hapoalim BM | 483296 |
| 24617 | Bank Leumi Le-Israel BM | 514950 |
| 288626 | Bezeq The Israeli Telecommunication Corp., Ltd. | 566902 |
| 242 | Big Shopping Centers Ltd. | 54234 |
| 369 | Camtek Ltd.<sup>\*</sup> | 39012 |
| 1074 | Clal Insurance Enterprises Holdings Ltd. | 62296 |
| 133 | Delek Group Ltd. | 34896 |
| 439 | Elbit Systems Ltd. | 205837 |
| 6484 | Energix-Renewable Energies Ltd. | 28314 |
| 2487 | Enlight Renewable Energy Ltd.<sup>\*</sup> | 98007 |
| 57 | Fattal Holdings 1998 Ltd.<sup>\*</sup> | 10316 |
| 1031 | First International Bank Of Israel Ltd. | 77597 |
| 1772 | Harel Insurance Investments & Financial Services Ltd. | 66018 |
| 12202 | ICL Group Ltd. | 67429 |
| 77 | Israel Corp., Ltd. | 21238 |
| 19710 | Israel Discount Bank Ltd., Class A Shares | 205826 |
| 451 | Melisron Ltd. | 56166 |
| 341 | Menora Mivtachim Holdings Ltd. | 37925 |
| 7256 | Migdal Insurance & Financial Holdings Ltd. | 29426 |
| 10478 | Mivne Real Estate KD Ltd. | 45027 |
| 2591 | Mizrahi Tefahot Bank Ltd. | 181036 |
| 977 | Next Vision Stabilized Systems Ltd. | 42154 |
| 1104 | Nice Ltd.<sup>\*</sup> | 117377 |
| 475 | Nova Ltd.<sup>\*</sup> | 148074 |
| 1352 | OPC Energy Ltd.<sup>\*</sup> | 27955 |
| 3413 | Phoenix Financial Ltd. | 137237 |
| 3042 | Shapir Engineering & Industry Ltd. | 27373 |
| 4585 | Shikun & Binui Ltd.<sup>\*</sup> | 25884 |
| 2749 | Shufersal Ltd. | 32919 |
| 160 | Strauss Group Ltd. | 4814 |
| 18816 | Teva Pharmaceutical Industries Ltd.<sup>\*</sup> | 502889 |
| 2008 | Tower Semiconductor Ltd.<sup>\*</sup> | 213777 |
| 188680 | ZIM Integrated Shipping Services Ltd.<sup>(b)</sup> | 3850959 |
|  | Total Israel | 8130313 |
| **Italy - 2.9%** | **Italy - 2.9%** | **Italy - 2.9%** |
| 27166 | A2A SpA | 74362 |
| 1931 | Amplifon SpA | 29676 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Italy - (continued)** | **Italy - (continued)** | **Italy - (continued)** | **Italy - (continued)** |
| 231703 | Azimut Holding SpA | $| 9593619 |
| 67483 | Banca Mediolanum SpA |  | 1445317 |
| 48267 | Banca Monte dei Paschi di Siena SpA |  | 457525 |
| 23793 | Banco BPM SpA |  | 343287 |
| 149161 | BPER Banca SpA |  | 1800056 |
| 605 | Brunello Cucinelli SpA |  | 64409 |
| 1488 | Buzzi SpA |  | 91781 |
| 8315 | Davide Campari-Milano NV |  | 56887 |
| 527 | DiaSorin SpA |  | 37784 |
| 824516 | Enel SpA |  | 8520143 |
| 31917 | Eni SpA |  | 597022 |
| 7155 | Ferrari NV |  | 2809169 |
| 9870 | FinecoBank Banca Fineco SpA |  | 241419 |
| 73714 | Generali |  | 2925354 |
| 101789 | Hera SpA |  | 486800 |
| 6069 | Infrastrutture Wireless Italiane SpA<sup>(a)</sup> |  | 55473 |
| 1183 | Interpump Group SpA |  | 60178 |
| 256806 | Intesa Sanpaolo SpA |  | 1668072 |
| 9559 | Italgas SpA |  | 107809 |
| 6649 | Leonardo SpA |  | 362301 |
| 3697 | Moncler SpA |  | 249808 |
| 9473 | Nexi SpA<sup>(a)</sup> |  | 44185 |
| 6281 | Pirelli & C SpA<sup>(a)</sup> |  | 43649 |
| 7256 | Poste Italiane SpA<sup>(a)</sup> |  | 173595 |
| 9000 | PRADA SpA |  | 53383 |
| 4785 | Prysmian SpA |  | 478252 |
| 1570 | Recordati Industria Chimica e Farmaceutica SpA |  | 92735 |
| 408 | Reply SpA |  | 54268 |
| 1966485 | Saipem SpA |  | 5358152 |
| 1532490 | Snam SpA |  | 10191759 |
| 241806 | Telecom Italia SpA<sup>\*</sup> |  | 141791 |
| 23083 | Terna - Rete Elettrica Nazionale |  | 243454 |
| 55041 | UniCredit SpA |  | 4112048 |
| 146507 | Unipol Assicurazioni SpA |  | 3361410 |
|  | Total Italy |  | 56426932 |
| **Japan - 13.4%** | **Japan - 13.4%** | **Japan - 13.4%** | **Japan - 13.4%** |
| 1200 | ABC-Mart Inc. |  | 20826 |
| 8500 | Acom Co., Ltd. |  | 25840 |
| 26 | Activia Properties Inc. |  | 23879 |
| 38 | Advance Residence Investment Corp. |  | 41629 |
| 11900 | Advantest Corp. |  | 1579967 |
| 40620 | Aeon Co., Ltd. |  | 735873 |
| 2300 | AEON Financial Service Co., Ltd. |  | 23052 |
| 22 | AEON REIT Investment Corp. |  | 19142 |
| 3200 | AGC Inc. |  | 110621 |
| 800 | Aica Kogyo Co., Ltd. |  | 18271 |
| 3700 | Air Water Inc. |  | 52226 |
| 8000 | Aisin Corp. |  | 142324 |
| 88300 | Ajinomoto Co., Inc. |  | 2047362 |
| 76200 | Alfresa Holdings Corp. |  | 1151211 |
| 171500 | Alps Alpine Co., Ltd. |  | 2225170 |
| 4500 | ALSOK Co., Ltd. |  | 35254 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 5500 | Amada Co., Ltd. | $65394 |
| 1100 | Amano Corp. | 29642 |
| 2400 | ANA Holdings Inc. | 45266 |
| 27600 | and ST HD Co., Ltd. | 519665 |
| 2100 | Aozora Bank Ltd. | 32460 |
| 23746 | Asahi Group Holdings Ltd. | 275508 |
| 2900 | Asahi Intecc Co., Ltd. | 54351 |
| 18600 | Asahi Kasei Corp. | 155232 |
| 10800 | Asics Corp. | 258066 |
| 29300 | Astellas Pharma Inc. | 369023 |
| 8000 | Azbil Corp. | 75359 |
| 9200 | Bandai Namco Holdings Inc. | 269499 |
| 2100 | BayCurrent Inc. | 91971 |
| 1000 | Bic Camera Inc. | 10232 |
| 1500 | BIPROGY Inc. | 57851 |
| 400 | Blue Zones Holdings Co., Ltd. | 21993 |
| 8900 | Bridgestone Corp. | 417132 |
| 44600 | Brother Industries Ltd. | 891964 |
| 66800 | Calbee Inc. | 1271900 |
| 13800 | Canon Inc. | 406793 |
| 800 | Canon Marketing Japan Inc. | 35024 |
| 5600 | Capcom Co., Ltd. | 137019 |
| 3300 | Casio Computer Co., Ltd. | 27287 |
| 14100 | Central Japan Railway Co. | 384820 |
| 274700 | Chiba Bank Ltd. | 2891032 |
| 384600 | Chiyoda Corp.<sup>\*</sup> | 1754831 |
| 11800 | Chubu Electric Power Co., Inc. | 184435 |
| 67900 | Chugai Pharmaceutical Co., Ltd. | 3660699 |
| 2900 | Chugin Financial Group Inc. | 43300 |
| 138800 | Chugoku Electric Power Co., Inc. | 908496 |
| 2000 | Coca-Cola Bottlers Japan Holdings Inc. | 36952 |
| 17100 | COMSYS Holdings Corp. | 471048 |
| 1800 | Cosmo Energy Holdings Co., Ltd. | 46766 |
| 600 | Cosmos Pharmaceutical Corp. | 28659 |
| 88400 | Credit Saison Co., Ltd. | 2221640 |
| 6200 | CyberAgent Inc. | 55414 |
| 6300 | Dai Nippon Printing Co., Ltd. | 106447 |
| 4800 | Daicel Corp. | 40382 |
| 1900 | Daido Steel Co., Ltd. | 19244 |
| 6000 | Daifuku Co., Ltd. | 190296 |
| 56300 | Dai-ichi Life Holdings Inc. | 439020 |
| 30500 | Daiichi Sankyo Co., Ltd. | 752810 |
| 35800 | Daiichikosho Co., Ltd. | 385858 |
| 4500 | Daikin Industries Ltd. | 583846 |
| 5000 | Daito Trust Construction Co., Ltd. | 95594 |
| 9600 | Daiwa House Industry Co., Ltd. | 327359 |
| 70 | Daiwa House REIT Investment Corp., Class A Shares | 63467 |
| 10 | Daiwa Office Investment Corp., Class A Shares | 24398 |
| 21100 | Daiwa Securities Group Inc. | 174787 |
| 38 | Daiwa Securities Living Investments Corp., Class A Shares | 27664 |
| 29200 | Denso Corp. | 384390 |
| 3600 | Dentsu Group Inc. | 82384 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 500 | Dentsu Soken Inc. | $25318 |
| 2100 | Dexerials Corp. | 40125 |
| 1200 | DIC Corp. | 29792 |
| 6700 | Disco Corp. | 1873953 |
| 2200 | DMG Mori Co., Ltd. | 38764 |
| 800 | Dowa Holdings Co., Ltd. | 31133 |
| 16900 | East Japan Railway Co. | 437060 |
| 6900 | Ebara Corp. | 180433 |
| 4100 | Eisai Co., Ltd. | 128287 |
| 35900 | Electric Power Development Co., Ltd. | 723494 |
| 42900 | ENEOS Holdings Inc. | 282377 |
| 3300 | EXEO Group Inc. | 51896 |
| 34300 | Ezaki Glico Co., Ltd. | 1207745 |
| 15000 | FANUC Corp. | 480640 |
| 2900 | Fast Retailing Co., Ltd. | 1062351 |
| 1900 | Food & Life Cos., Ltd. | 85533 |
| 1200 | FP Corp. | 20787 |
| 40 | Frontier Real Estate Investment Corp. | 24326 |
| 2100 | Fuji Electric Co., Ltd. | 148510 |
| 900 | Fuji Media Holdings Inc. | 20242 |
| 400 | Fuji Oil Co., Ltd. | 9247 |
| 19600 | FUJIFILM Holdings Corp. | 421481 |
| 4400 | Fujikura Ltd. | 505113 |
| 1200 | Fujitec Co., Ltd. | 43685 |
| 27700 | Fujitsu Ltd. | 742087 |
| 2700 | Fukuoka Financial Group Inc. | 83068 |
| 1200 | Furukawa Electric Co., Ltd. | 76202 |
| 1200 | Fuyo General Lease Co., Ltd. | 32118 |
| 599 | GLP J-Reit | 567497 |
| 1200 | GMO internet group Inc. | 30807 |
| 600 | GMO Payment Gateway Inc. | 38582 |
| 1500 | Goldwin Inc. | 28332 |
| 1400 | GS Yuasa Corp. | 37241 |
| 3900 | Gunma Bank Ltd. | 43293 |
| 6600 | Hachijuni Bank Ltd. | 70681 |
| 5100 | Hakuhodo DY Holdings Inc. | 38463 |
| 5400 | Hamamatsu Photonics KK | 54842 |
| 4000 | Hankyu Hanshin Holdings Inc. | 100401 |
| 21300 | Hanwa Co., Ltd. | 946060 |
| 900 | Harmonic Drive Systems Inc. | 17792 |
| 4500 | Haseko Corp. | 86092 |
| 1400 | Heiwa Corp. | 18380 |
| 3800 | Hikari Tsushin Inc. | 1056545 |
| 5700 | Hino Motors Ltd.<sup>\*</sup> | 14328 |
| 4100 | Hirogin Holdings Inc. | 40633 |
| 14210 | Hirose Electric Co., Ltd. | 1602625 |
| 900 | Hisamitsu Pharmaceutical Co., Inc. | 24711 |
| 1300 | Hitachi Construction Machinery Co., Ltd. | 37808 |
| 112600 | Hitachi Ltd. | 3582875 |
| 63928 | Honda Motor Co., Ltd. | 645719 |
| 500 | Horiba Ltd. | 46247 |
| 1900 | Hoshizaki Corp. | 63955 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 1700 | House Foods Group Inc. | $31811 |
| 5500 | Hoya Corp. | 825225 |
| 7600 | Hulic Co., Ltd. | 83848 |
| 2100 | Ibiden Co., Ltd. | 159686 |
| 14200 | Idemitsu Kosan Co., Ltd. | 105640 |
| 14700 | IHI Corp. | 261906 |
| 2600 | Iida Group Holdings Co., Ltd. | 41229 |
| 48 | Industrial & Infrastructure Fund Investment Corp., Class A Shares | 46365 |
| 2100 | INFRONEER Holdings Inc. | 26956 |
| 13000 | Inpex Corp. | 272617 |
| 1400 | Internet Initiative Japan Inc. | 25741 |
| 139 | Invincible Investment Corp. | 59434 |
| 5200 | Isetan Mitsukoshi Holdings Ltd. | 81003 |
| 8800 | Isuzu Motors Ltd. | 141283 |
| 600 | Ito En Ltd. | 12467 |
| 20100 | ITOCHU Corp. | 1209991 |
| 200 | Itoham Yonekyu Holdings Inc. | 7359 |
| 3200 | Iwatani Corp. | 34917 |
| 3000 | Iyogin Holdings Inc. | 49286 |
| 900 | Izumi Co., Ltd. | 17077 |
| 3600 | J Front Retailing Co., Ltd. | 51793 |
| 2900 | Japan Airlines Co., Ltd. | 53952 |
| 1100 | Japan Airport Terminal Co., Ltd. | 31838 |
| 16700 | Japan Exchange Group Inc. | 191412 |
| 100 | Japan Hotel REIT Investment Corp., Class A Shares | 55242 |
| 36 | Japan Logistics Fund Inc. | 23874 |
| 99 | Japan Metropolitan Fund Invest | 78013 |
| 29600 | Japan Post Bank Co., Ltd. | 355778 |
| 28600 | Japan Post Holdings Co., Ltd. | 280979 |
| 3000 | Japan Post Insurance Co., Ltd. | 83426 |
| 52 | Japan Prime Realty Investment Corp. | 35385 |
| 116 | Japan Real Estate Investment Corp. | 99281 |
| 1100 | Japan Steel Works Ltd. | 64981 |
| 18200 | Japan Tobacco Inc. | 684652 |
| 600 | Jeol Ltd. | 18518 |
| 10100 | JFE Holdings Inc. | 123791 |
| 1500 | JGC Holdings Corp. | 18279 |
| 500 | JMDC Inc. | 13759 |
| 4700 | JTEKT Corp. | 51054 |
| 200 | Justsystems Corp. | 6558 |
| 7700 | JX Advanced Metals Corp. | 82211 |
| 1500 | Kadokawa Corp. | 31788 |
| 19200 | Kaga Electronics Co., Ltd. | 461372 |
| 1500 | Kagome Co., Ltd. | 26193 |
| 7100 | Kajima Corp. | 264445 |
| 1800 | Kakaku.com Inc. | 26546 |
| 1300 | Kamigumi Co., Ltd. | 41545 |
| 2100 | Kandenko Co., Ltd. | 66496 |
| 700 | Kaneka Corp. | 19666 |
| 16300 | Kansai Electric Power Co., Inc. | 278762 |
| 2500 | Kansai Paint Co., Ltd. | 38427 |
| 7500 | Kao Corp. | 303065 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 2400 | Kawasaki Heavy Industries Ltd. | $151725 |
| 5900 | Kawasaki Kisen Kaisha Ltd. | 78544 |
| 45300 | KDDI Corp. | 781864 |
| 68 | KDX Realty Investment Corp., Class A Shares | 77525 |
| 1100 | Keihan Holdings Co., Ltd. | 23811 |
| 4500 | Keikyu Corp. | 44045 |
| 2000 | Keio Corp. | 52174 |
| 6900 | Keisei Electric Railway Co., Ltd. | 56005 |
| 1600 | Kewpie Corp. | 45093 |
| 9100 | Keyence Corp. | 3094521 |
| 12000 | Kikkoman Corp. | 109881 |
| 1900 | Kinden Corp. | 78837 |
| 3200 | Kintetsu Group Holdings Co., Ltd. | 60512 |
| 1400 | Kioxia Holdings Corp.<sup>\*</sup> | 84174 |
| 12500 | Kirin Holdings Co., Ltd. | 196128 |
| 800 | Kobayashi Pharmaceutical Co., Ltd. | 26716 |
| 2200 | Kobe Bussan Co., Ltd. | 53373 |
| 83100 | Kobe Steel Ltd. | 1038457 |
| 2200 | Koei Tecmo Holdings Co., Ltd. | 30097 |
| 3800 | Koito Manufacturing Co., Ltd. | 55177 |
| 2900 | Kokusai Electric Corp. | 79638 |
| 7200 | Kokuyo Co., Ltd. | 42976 |
| 234029 | Komatsu Ltd. | 7664460 |
| 1600 | Konami Group Corp. | 244076 |
| 6600 | Konica Minolta Inc. | 27709 |
| 6300 | Kose Corp. | 207845 |
| 1300 | Kotobuki Spirits Co., Ltd. | 15289 |
| 600 | Kraftia Corp. | 30416 |
| 2200 | K's Holdings Corp. | 22145 |
| 15900 | Kubota Corp. | 231372 |
| 3700 | Kuraray Co., Ltd. | 36376 |
| 1900 | Kurita Water Industries Ltd. | 75666 |
| 1200 | Kusuri no Aoki Holdings Co., Ltd. | 30021 |
| 21900 | Kyocera Corp. | 299485 |
| 3800 | Kyoto Financial Group Inc. | 82684 |
| 4300 | Kyowa Kirin Co., Ltd. | 72355 |
| 213800 | Kyushu Electric Power Co., Inc. | 2385237 |
| 7600 | Kyushu Financial Group Inc. | 46815 |
| 74000 | Kyushu Railway Co. | 1902814 |
| 23 | LaSalle Logiport REIT | 22865 |
| 1300 | Lasertec Corp. | 235436 |
| 27800 | Lion Corp. | 294430 |
| 3900 | Lixil Corp. | 46157 |
| 43500 | LY Corp. | 117885 |
| 157500 | M3 Inc. | 2588979 |
| 1200 | Mabuchi Motor Co., Ltd. | 21325 |
| 2700 | Macnica Holdings Inc. | 40082 |
| 78076 | Makita Corp. | 2277250 |
| 24300 | Marubeni Corp. | 640527 |
| 2200 | Marui Group Co., Ltd. | 44708 |
| 2100 | Maruichi Steel Tube Ltd. | 19400 |
| 100 | Maruwa Co., Ltd. | 30257 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 6200 | MatsukiyoCocokara & Co. | $114529 |
| 10100 | Mazda Motor Corp. | 74117 |
| 1500 | McDonald's Holdings Co. Japan Ltd. | 61167 |
| 16600 | Mebuki Financial Group Inc. | 108309 |
| 62700 | Medipal Holdings Corp. | 1093261 |
| 3800 | MEIJI Holdings Co., Ltd. | 81955 |
| 2200 | Mercari Inc.<sup>\*</sup> | 37607 |
| 15800 | Metaplanet Inc.<sup>\*</sup> | 40432 |
| 470604 | MINEBEA MITSUMI Inc. | 9548601 |
| 482430 | MISUMI Group Inc. | 6984963 |
| 19200 | Mitsubishi Chemical Group Corp. | 108290 |
| 53500 | Mitsubishi Corp. | 1267527 |
| 242768 | Mitsubishi Electric Corp. | 6609085 |
| 18400 | Mitsubishi Estate Co., Ltd. | 436291 |
| 2800 | Mitsubishi Gas Chemical Co., Inc. | 48338 |
| 14500 | Mitsubishi HC Capital Inc. | 115877 |
| 52200 | Mitsubishi Heavy Industries Ltd. | 1317723 |
| 5100 | Mitsubishi Logistics Corp. | 38242 |
| 2500 | Mitsubishi Materials Corp. | 50099 |
| 13200 | Mitsubishi Motors Corp. | 31450 |
| 181600 | Mitsubishi UFJ Financial Group Inc. | 2856076 |
| 41800 | Mitsui & Co., Ltd. | 1109351 |
| 3000 | Mitsui Chemicals Inc. | 75573 |
| 27 | Mitsui Fudosan Accommodations Fund Inc., Class A Shares | 22975 |
| 43100 | Mitsui Fudosan Co., Ltd. | 506583 |
| 44 | Mitsui Fudosan Logistics Park Inc. | 33962 |
| 900 | Mitsui Kinzoku Co., Ltd. | 102626 |
| 5000 | Mitsui OSK Lines Ltd. | 141877 |
| 800 | Miura Co., Ltd. | 15692 |
| 44800 | MIXI Inc. | 830744 |
| 39800 | Mizuho Financial Group Inc. | 1401883 |
| 700 | Modec Inc. | 70243 |
| 500 | Money Forward Inc.<sup>\*</sup> | 13358 |
| 4000 | MonotaRO Co., Ltd. | 58521 |
| 28 | Mori Hills REIT Investment Corp., Class A Shares | 26904 |
| 1400 | Morinaga & Co., Ltd. | 23923 |
| 1100 | Morinaga Milk Industry Co., Ltd. | 26406 |
| 20500 | MS&AD Insurance Group Holdings Inc. | 458061 |
| 503550 | Murata Manufacturing Co., Ltd. | 10351989 |
| 337953 | Nabtesco Corp. | 7354321 |
| 1600 | Nagase & Co., Ltd. | 37591 |
| 3500 | Nagoya Railroad Co., Ltd. | 36875 |
| 1800 | Nankai Electric Railway Co., Ltd. | 33831 |
| 20400 | NEC Corp. | 770605 |
| 6400 | Nexon Co., Ltd. | 155807 |
| 74700 | Nextage Co., Ltd. | 1284510 |
| 3700 | NGK Insulators Ltd. | 72955 |
| 1400 | NH Foods Ltd. | 61836 |
| 2700 | NHK Spring Co., Ltd. | 44062 |
| 700 | Nichias Corp. | 27849 |
| 2700 | Nichirei Corp. | 33645 |
| 15400 | NIDEC Corp. | 194053 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 1800 | Nifco Inc. | $55356 |
| 2800 | Nihon Kohden Corp. | 28364 |
| 4300 | Nihon M&A Center Holdings Inc. | 20149 |
| 4400 | Nikon Corp. | 50866 |
| 16400 | Nintendo Co., Ltd. | 1390042 |
| 120 | Nippon Building Fund Inc. | 114686 |
| 1000 | Nippon Electric Glass Co., Ltd. | 37067 |
| 3500 | NIPPON EXPRESS HOLDINGS Inc. | 74353 |
| 2400 | Nippon Kayaku Co., Ltd. | 25189 |
| 16800 | Nippon Paint Holdings Co., Ltd. | 109510 |
| 123 | Nippon Prologis REIT Inc. | 74094 |
| 60800 | Nippon Sanso Holdings Corp. | 1977982 |
| 20900 | Nippon Shinyaku Co., Ltd. | 486275 |
| 2400 | Nippon Shokubai Co., Ltd. | 28711 |
| 81000 | Nippon Steel Corp. | 325958 |
| 300 | Nippon Television Holdings Inc. | 7685 |
| 6700 | Nippon Yusen KK | 212280 |
| 2600 | Nipro Corp. | 25064 |
| 2200 | Nissan Chemical Corp. | 74328 |
| 30600 | Nissan Motor Co., Ltd.<sup>\*</sup> | 74992 |
| 4300 | Nisshin Seifun Group Inc. | 51575 |
| 3200 | Nissin Foods Holdings Co., Ltd. | 58037 |
| 2500 | Niterra Co., Ltd. | 107955 |
| 30300 | Nitori Holdings Co., Ltd. | 524146 |
| 105400 | Nitto Denko Corp. | 2603663 |
| 3200 | NOF Corp. | 64898 |
| 1500 | NOK Corp. | 26706 |
| 48500 | Nomura Holdings Inc. | 365415 |
| 7700 | Nomura Real Estate Holdings Inc. | 47259 |
| 76 | Nomura Real Estate Master Fund Inc. | 82899 |
| 16000 | Nomura Research Institute Ltd. | 643165 |
| 1200 | NS Solutions Corp. | 29352 |
| 23600 | NS United Kaiun Kaisha Ltd. | 903273 |
| 8720 | NSK Ltd. | 51320 |
| 457300 | NTT Inc. | 455764 |
| 10500 | Obayashi Corp. | 213961 |
| 300 | OBIC Business Consultants Co., Ltd. | 16795 |
| 5300 | Obic Co., Ltd. | 170457 |
| 4800 | Odakyu Electric Railway Co., Ltd. | 54380 |
| 11800 | Oji Holdings Corp. | 62094 |
| 1000 | OKUMA Corp. | 24121 |
| 913785 | Olympus Corp. | 12325261 |
| 331245 | Omron Corp. | 8487402 |
| 5800 | Ono Pharmaceutical Co., Ltd. | 81650 |
| 1300 | Open House Group Co., Ltd. | 76388 |
| 500 | Oracle Corp. Japan | 42968 |
| 300 | Organo Corp. | 25622 |
| 17100 | Oriental Land Co., Ltd. | 329777 |
| 18100 | ORIX Corp. | 493694 |
| 80 | Orix JREIT Inc. | 54911 |
| 5700 | Osaka Gas Co., Ltd. | 199973 |
| 3500 | Otsuka Corp. | 69204 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 7100 | Otsuka Holdings Co., Ltd. | $402329 |
| 700 | PALTAC Corp. | 21034 |
| 31000 | Pan Pacific International Holdings Corp. | 187912 |
| 36700 | Panasonic Holdings Corp. | 461655 |
| 1700 | Park24 Co., Ltd. | 20109 |
| 2000 | PeptiDream Inc.<sup>\*</sup> | 22724 |
| 471700 | Persol Holdings Co., Ltd. | 848037 |
| 1700 | Pola Orbis Holdings Inc. | 14616 |
| 3200 | Rakus Co., Ltd. | 25302 |
| 16800 | Rakuten Bank Ltd.<sup>\*</sup> | 796841 |
| 24100 | Rakuten Group Inc.<sup>\*</sup> | 147207 |
| 60700 | Recruit Holdings Co., Ltd. | 3138020 |
| 1700 | Relo Group Inc. | 18670 |
| 365400 | Renesas Electronics Corp. | 4327899 |
| 771700 | Resona Holdings Inc. | 7850578 |
| 3200 | Resonac Holdings Corp. | 133593 |
| 2400 | Resorttrust Inc. | 29873 |
| 9000 | Ricoh Co., Ltd. | 80698 |
| 1600 | Rinnai Corp. | 40739 |
| 4900 | Rohm Co., Ltd. | 65624 |
| 137300 | Rohto Pharmaceutical Co., Ltd. | 2224017 |
| 2200 | Rorze Corp. | 29437 |
| 2200 | Round One Corp. | 14278 |
| 7800 | Ryohin Keikaku Co., Ltd. | 154700 |
| 83500 | Sankyo Co., Ltd. | 1444028 |
| 600 | Sankyu Inc. | 32433 |
| 25800 | Sanrio Co., Ltd. | 922021 |
| 72600 | Santen Pharmaceutical Co., Ltd. | 743079 |
| 2900 | Sanwa Holdings Corp. | 74675 |
| 1100 | Sapporo Holdings Ltd. | 56994 |
| 2100 | Sawai Group Holdings Co., Ltd. | 26642 |
| 9400 | SBI Holdings Inc. | 197755 |
| 1500 | SCREEN Holdings Co., Ltd. | 123151 |
| 2200 | SCSK Corp. | 80172 |
| 6600 | Secom Co., Ltd. | 223105 |
| 2500 | Sega Sammy Holdings Inc. | 42899 |
| 2600 | Seibu Holdings Inc. | 80694 |
| 4500 | Seiko Epson Corp. | 56011 |
| 2300 | Seino Holdings Co., Ltd. | 33169 |
| 6200 | Sekisui Chemical Co., Ltd. | 105485 |
| 8800 | Sekisui House Ltd. | 196938 |
| 51 | Sekisui House REIT Inc. | 25987 |
| 211000 | Seven & i Holdings Co., Ltd. | 2904477 |
| 9900 | Seven Bank Ltd. | 18357 |
| 5500 | SG Holdings Co., Ltd. | 54954 |
| 3200 | Sharp Corp.<sup>\*</sup> | 15980 |
| 3000 | SHIFT Inc.<sup>\*</sup> | 18599 |
| 3200 | Shikoku Electric Power Co., Inc. | 32042 |
| 93100 | Shimadzu Corp. | 2656936 |
| 800 | Shimamura Co., Ltd. | 57306 |
| 4500 | Shimano Inc. | 478944 |
| 7700 | Shimizu Corp. | 136545 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** |  |
| 125400 | Shin-Etsu Chemical Co., Ltd. | $3781953 |
| 12500 | Shionogi & Co., Ltd. | 214127 |
| 45900 | Ship Healthcare Holdings Inc. | 760610 |
| 6200 | Shiseido Co., Ltd. | 88305 |
| 6600 | Shizuoka Financial Group Inc. | 95571 |
| 400 | SHO-BOND Holdings Co., Ltd. | 12943 |
| 3800 | Skylark Holdings Co., Ltd. | 89971 |
| 900 | SMC Corp. | 316058 |
| 2400 | Socionext Inc. | 34120 |
| 473400 | SoftBank Corp. | 676539 |
| 16000 | SoftBank Group Corp. | 1721348 |
| 3700 | Sojitz Corp. | 108074 |
| 14200 | Sompo Holdings Inc. | 449658 |
| 98200 | Sony Financial Group Inc.<sup>\*</sup> | 92913 |
| 246400 | Sony Group Corp. | 7226355 |
| 1100 | Sotetsu Holdings Inc. | 19560 |
| 4500 | Square Enix Holdings Co., Ltd. | 90097 |
| 1900 | Stanley Electric Co., Ltd. | 37137 |
| 9200 | Subaru Corp. | 206190 |
| 1100 | Sugi Holdings Co., Ltd. | 25946 |
| 4500 | SUMCO Corp. | 35496 |
| 1200 | Sumitomo Bakelite Co., Ltd. | 39097 |
| 26600 | Sumitomo Chemical Co., Ltd. | 81289 |
| 16800 | Sumitomo Corp. | 526600 |
| 12200 | Sumitomo Electric Industries Ltd. | 479215 |
| 7500 | Sumitomo Forestry Co., Ltd. | 80060 |
| 1100 | Sumitomo Heavy Industries Ltd. | 29994 |
| 3800 | Sumitomo Metal Mining Co., Ltd. | 124972 |
| 60300 | Sumitomo Mitsui Financial Group Inc. | 1825562 |
| 10700 | Sumitomo Mitsui Trust Group Inc. | 309600 |
| 2500 | Sumitomo Pharma Co., Ltd.<sup>\*</sup> | 43498 |
| 5300 | Sumitomo Realty & Development Co., Ltd. | 255891 |
| 3800 | Sumitomo Rubber Industries Ltd. | 52953 |
| 1400 | Sundrug Co., Ltd. | 38789 |
| 2300 | Suntory Beverage & Food Ltd. | 72902 |
| 33400 | Suzuken Co., Ltd. | 1297947 |
| 28900 | Suzuki Motor Corp. | 451462 |
| 7300 | Sysmex Corp. | 69940 |
| 7900 | T&D Holdings Inc. | 171575 |
| 25000 | Taiheiyo Cement Corp. | 606256 |
| 32100 | Taisei Corp. | 2742520 |
| 800 | Taiyo Holdings Co., Ltd. | 23862 |
| 2000 | Taiyo Yuden Co., Ltd. | 41694 |
| 2900 | Takara Holdings Inc. | 27874 |
| 2000 | Takasago Thermal Engineering Co., Ltd. | 58131 |
| 5600 | Takashimaya Co., Ltd. | 60186 |
| 25900 | Takeda Pharmaceutical Co., Ltd. | 746399 |
| 800 | TBS Holdings Inc. | 29779 |
| 31100 | TDK Corp. | 509223 |
| 2500 | Teijin Ltd. | 21017 |
| 24100 | Terumo Corp. | 378513 |
| 1500 | THK Co., Ltd. | 38394 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Japan - (continued)** | **Japan - (continued)** |  |
| 3500 | TIS Inc. | $115531 |
| 3400 | Tobu Railway Co., Ltd. | 57177 |
| 4100 | Toda Corp. | 31849 |
| 1000 | Toei Animation Co., Ltd. | 18427 |
| 1700 | Toho Co., Ltd. | 97873 |
| 1600 | Toho Gas Co., Ltd. | 49963 |
| 159700 | Tohoku Electric Power Co., Inc. | 1176956 |
| 3700 | Tokai Carbon Co., Ltd. | 24369 |
| 29900 | Tokio Marine Holdings Inc. | 1054094 |
| 2000 | Tokyo Century Corp. | 25303 |
| 20500 | Tokyo Electric Power Co. Holdings Inc.<sup>\*</sup> | 104027 |
| 7300 | Tokyo Electron Ltd. | 1504859 |
| 5800 | Tokyo Gas Co., Ltd. | 235018 |
| 4000 | Tokyo Metro Co., Ltd. | 41104 |
| 1600 | Tokyo Ohka Kogyo Co., Ltd. | 61342 |
| 14200 | Tokyo Seimitsu Co., Ltd. | 939758 |
| 36300 | Tokyo Tatemono Co., Ltd. | 802275 |
| 8300 | Tokyu Corp. | 96780 |
| 191400 | Tokyu Fudosan Holdings Corp. | 1780314 |
| 1300 | Tomy Co., Ltd. | 24080 |
| 3900 | TOPPAN Holdings Inc. | 125801 |
| 23600 | Toray Industries Inc. | 153309 |
| 900 | Toridoll Holdings Corp. | 25879 |
| 4906 | Tosoh Corp. | 73934 |
| 345252 | TOTO Ltd. | 9025043 |
| 1700 | Toyo Seikan Group Holdings Ltd. | 40562 |
| 60300 | Toyo Suisan Kaisha Ltd. | 4330019 |
| 1500 | Toyo Tire Corp. | 41217 |
| 24600 | Toyoda Gosei Co., Ltd. | 561985 |
| 89200 | Toyota Boshoku Corp. | 1383259 |
| 2800 | Toyota Industries Corp. | 313373 |
| 173600 | Toyota Motor Corp. | 3505285 |
| 11800 | Toyota Tsusho Corp. | 381612 |
| 21800 | Transcosmos Inc. | 520899 |
| 2200 | Trend Micro Inc. | 109771 |
| 1800 | TS Tech Co., Ltd. | 20774 |
| 1100 | Tsumura & Co. | 27500 |
| 3000 | Tsuruha Holdings Inc. | 53172 |
| 1700 | UBE Corp. | 27306 |
| 1000 | Ulvac Inc. | 42874 |
| 19800 | Unicharm Corp. | 115998 |
| 43 | United Urban Investment Corp. | 50837 |
| 6900 | USS Co., Ltd. | 76898 |
| 47000 | Valor Holdings Co., Ltd. | 970546 |
| 200 | Visional Inc.<sup>\*</sup> | 13422 |
| 2011 | Welcia Holdings Co., Ltd.<sup>(c)(e)</sup> | 40713 |
| 7800 | West Japan Railway Co. | 155093 |
| 300 | Workman Co., Ltd. | 13782 |
| 3900 | Yakult Honsha Co., Ltd. | 60948 |
| 308500 | Yamada Holdings Co., Ltd. | 945130 |
| 3200 | Yamaguchi Financial Group Inc. | 41740 |
| 4500 | Yamaha Corp. | 31000 |

---

 **Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Japan - (continued)** | **Japan - (continued)** |  |
| 15500 | Yamaha Motor Co., Ltd. | $112349 |
| 4600 | Yamato Holdings Co., Ltd. | 66298 |
| 500 | Yamato Kogyo Co., Ltd. | 33425 |
| 2200 | Yamazaki Baking Co., Ltd. | 46070 |
| 4400 | Yaskawa Electric Corp. | 115400 |
| 4200 | Yokogawa Electric Corp. | 134162 |
| 16400 | Yokohama Financial Group Inc. | 129571 |
| 2100 | Yokohama Rubber Co., Ltd. | 83219 |
| 2000 | Zenkoku Hosho Co., Ltd. | 40602 |
| 1600 | Zensho Holdings Co., Ltd. | 96412 |
| 48000 | Zeon Corp. | 548230 |
| 7500 | ZOZO Inc. | 64425 |
|  | Total Japan | 264173217 |
| **Luxembourg - 0.5%** | **Luxembourg - 0.5%** |  |
| 79384 | ArcelorMittal SA | 3421660 |
| 113758 | Aroundtown SA<sup>\*</sup> | 391569 |
| 140725 | CVC Capital Partners PLC<sup>(a)</sup> | 2324938 |
| 1741 | Eurofins Scientific SE | 118472 |
| 27391 | Millicom International Cellular SA | 1453640 |
| 434 | RTL Group SA | 17138 |
| 92145 | Tenaris SA | 1859073 |
|  | Total Luxembourg | 9586490 |
| **Macau - 0.0%** |  |  |
| 15600 | MGM China Holdings Ltd. | 33156 |
| 34800 | Sands China Ltd. | 95185 |
| 20800 | Wynn Macau Ltd. | 17531 |
|  | Total Macau | 145872 |
| **Malaysia - 0.1%** |  |  |
| 3493000 | Sime Darby Bhd | 1648070 |
| **Mexico - 0.7%** |  |  |
| 3190 | Fresnillo PLC | 111302 |
| 905200 | Grupo Financiero Banorte SAB de CV, Class O Shares | 8626202 |
| 568580 | Grupo Mexico SAB de CV, Class B Shares | 4965005 |
|  | Total Mexico | 13702509 |
| **Netherlands - 3.7%** | **Netherlands - 3.7%** |  |
| 269309 | ABN AMRO Bank NV, GDR<sup>(a)</sup> | 9120645 |
| 1832 | Adyen NV<sup>\*(a)</sup> | 2850509 |
| 20709 | Aegon Ltd. | 166347 |
| 104712 | Akzo Nobel NV | 6824324 |
| 1009 | Argenx SE<sup>\*</sup> | 918708 |
| 2611 | Argenx SE, ADR<sup>\*</sup> | 2381180 |
| 4018 | ASM International NV | 2228708 |
| 16941 | ASML Holding NV | 17967404 |
| 2425 | ASR Nederland NV | 163279 |
| 1146 | BE Semiconductor Industries NV | 174208 |
| 1698 | CTP NV<sup>(a)</sup> | 36126 |
| 34238 | Euronext NV | 5253614 |
| 1629 | EXOR NV | 136849 |
| 8008 | Ferrovial SE | 524082 |
| 2030 | Heineken Holding NV | 144909 |
| 4555 | Heineken NV | 370802 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Netherlands - (continued)** | **Netherlands - (continued)** |  |
| 901 | IMCD NV | $80730 |
| 48645 | ING Groep NV | 1262388 |
| 2461 | JDE Peet's NV | 90231 |
| 14953 | Koninklijke Ahold Delhaize NV | 618074 |
| 62859 | Koninklijke KPN NV | 286854 |
| 12592 | Koninklijke Philips NV | 354768 |
| 1018 | Koninklijke Vopak NV | 46114 |
| 4299 | NN Group NV | 311854 |
| 123912 | Prosus NV<sup>\*</sup> | 7798301 |
| 69123 | QIAGEN NV | 3296821 |
| 1897 | Randstad NV | 73890 |
| 254855 | Signify NV<sup>(a)</sup> | 6025108 |
| 35046 | Stellantis NV | 374518 |
| 15600 | Universal Music Group NV | 399475 |
| 20137 | Wolters Kluwer NV | 2139551 |
|  | Total Netherlands | 72420371 |
| **New Zealand - 0.0%** | **New Zealand - 0.0%** |  |
| 11489 | a2 Milk Co., Ltd. | 72304 |
| 39575 | Air New Zealand Ltd. | 13505 |
| 29420 | Auckland International Airport Ltd. | 135027 |
| 13834 | Contact Energy Ltd. | 76443 |
| 9229 | Fisher & Paykel Healthcare Corp., Ltd | 197515 |
| 18829 | Fletcher Building Ltd.<sup>\*</sup> | 36219 |
| 14748 | Infratil Ltd. | 98735 |
| 1194 | Mainfreight Ltd. | 46031 |
| 10284 | Mercury NZ Ltd. | 37515 |
| 18727 | Meridian Energy Ltd. | 60510 |
| 12378 | Ryman Healthcare Ltd.<sup>\*</sup> | 20688 |
| 30230 | Spark New Zealand Ltd. | 39082 |
| 2522 | Xero Ltd.<sup>\*</sup> | 202553 |
|  | Total New Zealand | 1036127 |
| **Norway - 0.9%** |  |  |
| 343 | Aker ASA, Class A Shares | 26738 |
| 379939 | Aker BP ASA | 9242580 |
| 161772 | Aker Solutions ASA | 489366 |
| 13718 | DNB Bank ASA | 366293 |
| 208102 | Equinor ASA | 4770051 |
| 2802 | Gjensidige Forsikring ASA | 78381 |
| 37658 | Hoegh Autoliners ASA | 331663 |
| 6966 | Kongsberg Gruppen ASA | 165041 |
| 6943 | Mowi ASA | 157465 |
| 378343 | MPC Container Ships ASA | 669786 |
| 20114 | Norsk Hydro ASA | 143823 |
| 254351 | Norwegian Air Shuttle ASA | 434750 |
| 10714 | Orkla ASA | 114598 |
| 984 | Salmar ASA | 57448 |
| 9907 | Telenor ASA | 143068 |
| 14878 | Var Energi ASA | 46479 |
| 2174 | Vend Marketplaces ASA, Class B Shares | 60424 |
| 47134 | Wallenius Wilhelmsen ASA, Class B Shares | 424717 |
| 2828 | Yara International ASA | 103225 |
|  | Total Norway | 17825896 |

---

 **Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Peru - 0.1%** |  |  |
| 10796 | Credicorp Ltd. | $2776839 |
| **Philippines - 0.1%** |  |  |
| 602476 | BDO Unibank Inc. | 1346574 |
| 120340 | SM Investments Corp. | 1518813 |
|  | Total Philippines | 2865387 |
| **Poland - 0.2%** |  |  |
| 10677 | Allegro.eu SA<sup>\*(a)</sup> | 93712 |
| 3093 | Bank Polska Kasa Opieki SA | 169322 |
| 7380 | Dino Polska SA<sup>\*(a)</sup> | 82504 |
| 158284 | InPost SA<sup>\*</sup> | 1853082 |
| 2435 | KGHM Polska Miedz SA<sup>\*</sup> | 141333 |
| 23 | LPP SA | 107150 |
| 198 | mBank SA<sup>\*</sup> | 55551 |
| 10038 | ORLEN SA | 258409 |
| 14016 | Powszechna Kasa Oszczednosci Bank Polski SA | 297012 |
| 9087 | Powszechny Zaklad Ubezpieczen SA | 156399 |
| 564 | Santander Bank Polska SA | 79525 |
|  | Total Poland | 3293999 |
| **Portugal - 0.3%** |  |  |
| 143297 | Banco Comercial Portugues SA, Class R Shares | 136651 |
| 47661 | EDP SA | 212783 |
| 149969 | Galp Energia SGPS SA | 3012627 |
| 49881 | Jeronimo Martins SGPS SA | 1182387 |
| 137405 | NOS SGPS SA | 587222 |
|  | Total Portugal | 5131670 |
| **Russia - 0.0%** |  |  |
| 4413 | Novatek PJSC, Class Registered Shares, GDR<sup>\*@(c)(e)</sup> | 88 |
| 1187 | Novatek PJSC, GDR<sup>\*@(c)(e)</sup> | 24 |
| 978392 | Sberbank of Russia PJSC<sup>\*@(c)(e)</sup> | 731 |
|  | Total Russia | 843 |
| **Saudi Arabia - 0.1%** | **Saudi Arabia - 0.1%** |  |
| 257716 | Saudi National Bank | 2536966 |
| **Singapore - 0.7%** |  |  |
| 403843 | ASMPT Ltd. | 3897194 |
| 4100 | BOC Aviation Ltd.<sup>(a)</sup> | 37308 |
| 54000 | CapitaLand Ascendas REIT | 117231 |
| 32300 | CapitaLand Ascott Trust | 23574 |
| 98690 | CapitaLand Integrated Commercial Trust | 179178 |
| 34200 | CapitaLand Investment Ltd. | 70027 |
| 9100 | City Developments Ltd. | 50840 |
| 40900 | ComfortDelGro Corp., Ltd | 45475 |
| 33310 | DBS Group Holdings Ltd. | 1394740 |
| 41400 | Frasers Logistics & Commercial Trust | 31354 |
| 93700 | Genting Singapore Ltd. | 55016 |
| 1100 | Jardine Cycle & Carriage Ltd. | 28973 |
| 49128 | JOYY Inc., ADR | 3100959 |
| 35889 | Keppel DC REIT | 64073 |
| 21100 | Keppel Ltd. | 166506 |
| 48400 | Keppel REIT | 39610 |
| 23500 | Mapletree Industrial Trust | 37403 |
| 51500 | Mapletree Logistics Trust | 52522 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Singapore - (continued)** | **Singapore - (continued)** |  |
| 655100 | Mapletree Pan Asia Commercial Trust | $739703 |
| 48500 | NETLINK NBN TRUST | 36121 |
| 3500 | Olam Group Ltd. | 2552 |
| 53700 | Oversea-Chinese Banking Corp., Ltd | 766957 |
| 14400 | SATS Ltd. | 37826 |
| 13416 | Sea Ltd., ADR<sup>\*</sup> | 1864958 |
| 35865 | Seatrium Ltd. | 59605 |
| 16100 | Sembcorp Industries Ltd. | 76310 |
| 23000 | Singapore Airlines Ltd. | 115170 |
| 13100 | Singapore Exchange Ltd. | 170820 |
| 24300 | Singapore Technologies Engineering Ltd. | 155984 |
| 118300 | Singapore Telecommunications Ltd. | 431181 |
| 37700 | Suntec Real Estate Investment Trust | 39899 |
| 20667 | United Overseas Bank Ltd. | 542393 |
| 8900 | UOL Group Ltd. | 57875 |
| 4500 | Venture Corp., Ltd | 51938 |
| 27300 | Wilmar International Ltd. | 68281 |
|  | Total Singapore | 14609556 |
| **South Africa - 0.2%** | **South Africa - 0.2%** |  |
| 49074 | Absa Group Ltd. | 598331 |
| 147221 | FirstRand Ltd. | 701190 |
| 941927 | Growthpoint Properties Ltd. | 963577 |
| 15335 | Naspers Ltd., Class N Shares | 961938 |
| 346716 | Telkom SA SOC Ltd. | 1015698 |
|  | Total South Africa | 4240734 |
| **South Korea - 4.3%** | **South Korea - 4.3%** |  |
| 669 | Alteogen Inc.<sup>\*</sup> | 243324 |
| 466 | Amorepacific Corp. | 39470 |
| 217 | BGF retail Co., Ltd. | 16011 |
| 6404 | Binggrae Co., Ltd. | 319487 |
| 2556 | BNK Financial Group Inc. | 26228 |
| 2387 | Celltrion Inc. | 302171 |
| 464 | Celltrion Pharm Inc.<sup>\*</sup> | 19605 |
| 1556 | Cheil Worldwide Inc. | 24041 |
| 192 | CJ CheilJedang Corp. | 27413 |
| 184 | CJ Corp. | 22114 |
| 199 | CJ Logistics Corp. | 12385 |
| 951 | Coway Co., Ltd. | 55721 |
| 736 | DB Insurance Co., Ltd. | 62515 |
| 118 | Dongsuh Cos., Inc. | 2203 |
| 928 | Doosan Bobcat Inc. | 34961 |
| 117 | Doosan Co., Ltd. | 70130 |
| 26946 | Doosan Enerbility Co., Ltd.<sup>\*</sup> | 1407146 |
| 853 | Ecopro BM Co., Ltd.<sup>\*</sup> | 87381 |
| 1815 | Ecopro Co., Ltd. | 104837 |
| 211 | Ecopro Materials Co., Ltd.<sup>\*</sup> | 8365 |
| 380 | E-MART Inc. | 20244 |
| 246 | F&F Co., Ltd. | 12183 |
| 1811 | GS Engineering & Construction Corp. | 23862 |
| 23757 | GS Holdings Corp. | 914329 |
| 1045 | GS Retail Co., Ltd. | 15347 |
| 4640 | Hana Financial Group Inc. | 295239 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **South Korea - (continued)** | **South Korea - (continued)** |  |
| 505 | Hanjin Kal Corp. | $35233 |
| 901 | Hankook Tire & Technology Co., Ltd. | 37794 |
| 132 | Hanmi Pharm Co., Ltd. | 41105 |
| 157 | Hanmi Science Co., Ltd. | 4164 |
| 655 | Hanmi Semiconductor Co., Ltd. | 55330 |
| 2894 | Hanon Systems<sup>\*</sup> | 7434 |
| 556 | Hanwha Aerospace Co., Ltd. | 323122 |
| 53238 | Hanwha Corp. | 2859736 |
| 1744 | Hanwha Life Insurance Co., Ltd.<sup>\*</sup> | 3578 |
| 1994 | Hanwha Ocean Co., Ltd.<sup>\*</sup> | 146616 |
| 1609 | Hanwha Solutions Corp. | 30716 |
| 22169 | Hanwha Systems Co., Ltd. | 698457 |
| 774 | Hanwha Vision Co., Ltd.<sup>\*</sup> | 22916 |
| 701 | HD Hyundai Co., Ltd. | 94216 |
| 353 | HD Hyundai Electric Co., Ltd. | 186285 |
| 5619 | HD Hyundai Heavy Industries Co., Ltd. | 2051009 |
| 213 | HD Hyundai Marine Solution Co., Ltd. | 27044 |
| 14680 | HD Korea Shipbuilding & Offshore Engineering Co., Ltd. | 4099270 |
| 661 | HL Mando Co., Ltd. | 21037 |
| 1750 | HLB Inc.<sup>\*</sup> | 55985 |
| 4819 | HMM Co., Ltd. | 62974 |
| 520 | Hotel Shilla Co., Ltd.<sup>\*</sup> | 16136 |
| 21606 | HPSP Co., Ltd. | 446470 |
| 325 | HYBE Co., Ltd.<sup>\*</sup> | 66390 |
| 7520 | Hyosung Corp. | 672038 |
| 80 | Hyosung Heavy Industries Corp. | 103970 |
| 192 | Hyundai Autoever Corp. | 26420 |
| 9115 | Hyundai Department Store Co., Ltd. | 566659 |
| 1268 | Hyundai Engineering & Construction Co., Ltd. | 58136 |
| 12885 | Hyundai Glovis Co., Ltd. | 1444472 |
| 966 | Hyundai Marine & Fire Insurance Co., Ltd.<sup>\*</sup> | 19798 |
| 949 | Hyundai Mobis Co., Ltd. | 200039 |
| 2904 | Hyundai Motor Co. | 483354 |
| 1144 | Hyundai Rotem Co., Ltd. | 137210 |
| 1743 | Hyundai Steel Co. | 35933 |
| 41493 | iM Financial Group Co., Ltd. | 404500 |
| 3442 | Industrial Bank of Korea | 48220 |
| 21817 | ISC Co., Ltd. | 1667551 |
| 4959 | Kakao Corp. | 198588 |
| 1210 | Kakao Games Corp.<sup>\*</sup> | 12885 |
| 3172 | KakaoBank Corp. | 46847 |
| 554 | Kakaopay Corp.<sup>\*</sup> | 18743 |
| 1709 | Kangwon Land Inc. | 20976 |
| 5750 | KB Financial Group Inc. | 489584 |
| 1690 | KCC Corp. | 481664 |
| 190 | KEPCO Plant Service & Engineering Co., Ltd. | 6920 |
| 4131 | Kia Corp. | 321676 |
| 14348 | Korea Aerospace Industries Ltd. | 1066316 |
| 3960 | Korea Electric Power Corp. | 141930 |
| 280 | Korea Gas Corp. | 7929 |
| 631 | Korea Investment Holdings Co., Ltd. | 69189 |
| 81 | Korea Zinc Co., Ltd. | 74078 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **South Korea - (continued)** | **South Korea - (continued)** |  |
| 2382 | Korean Air Lines Co., Ltd. | $35482 |
| 56658 | Korean Reinsurance Co. | 447559 |
| 480 | Krafton Inc.<sup>\*</sup> | 84342 |
| 1607 | KT&G Corp. | 159310 |
| 176 | Kumho Petrochemical Co., Ltd. | 14035 |
| 539 | L&F Co., Ltd.<sup>\*</sup> | 46121 |
| 831 | LG Chem Ltd. | 199737 |
| 430 | LG CNS Co., Ltd. | 17034 |
| 1418 | LG Corp. | 76213 |
| 5562 | LG Display Co., Ltd.<sup>\*</sup> | 47503 |
| 1982 | LG Electronics Inc. | 115865 |
| 682 | LG Energy Solution Ltd.<sup>\*</sup> | 190621 |
| 212 | LG H&H Co., Ltd. | 40013 |
| 11994 | LG Innotek Co., Ltd. | 1936121 |
| 3143 | LG Uplus Corp. | 32224 |
| 187 | LIG Nex1 Co., Ltd. | 48914 |
| 460 | Lotte Chemical Corp. | 22679 |
| 368 | Lotte Shopping Co., Ltd. | 17950 |
| 314 | LS Corp. | 38391 |
| 242 | LS Electric Co., Ltd. | 76185 |
| 55939 | LX INTERNATIONAL Corp. | 1202170 |
| 1180 | Meritz Financial Group Inc. | 87347 |
| 3433 | Mirae Asset Securities Co., Ltd. | 51271 |
| 968 | Misto Holdings Corp. | 28204 |
| 2432 | NAVER Corp. | 404885 |
| 276 | NCSoft Corp. | 39592 |
| 451 | Netmarble Corp.<sup>(a)</sup> | 16317 |
| 2677 | NH Investment & Securities Co., Ltd. | 37768 |
| 66 | NongShim Co., Ltd. | 20117 |
| 276 | Orion Corp. | 19857 |
| 5618 | Pan Ocean Co., Ltd. | 14436 |
| 4209 | Park Systems Corp. | 680452 |
| 607 | Pearl Abyss Corp.<sup>\*</sup> | 14938 |
| 1105 | Posco DX Co., Ltd. | 19179 |
| 481 | POSCO Future M Co., Ltd.<sup>\*</sup> | 67872 |
| 1133 | POSCO Holdings Inc. | 239463 |
| 744 | Posco International Corp. | 27170 |
| 478 | S-1 Corp. | 24438 |
| 1082 | Samsung Biologics Co., Ltd.<sup>\*(a)</sup> | 1186979 |
| 1189 | Samsung C&T Corp. | 182793 |
| 188 | Samsung Card Co., Ltd. | 7026 |
| 136518 | Samsung E&A Co., Ltd. | 2377262 |
| 953 | Samsung Electro-Mechanics Co., Ltd. | 163348 |
| 13242 | Samsung Electronics Co., Ltd. | 678520 |
| 326287 | Samsung Electronics Co., Ltd. | 22329994 |
| 582 | Samsung Episholdings Co., Ltd.<sup>\*</sup> | 170080 |
| 6508 | Samsung Fire & Marine Insurance Co., Ltd. | 2129303 |
| 10204 | Samsung Heavy Industries Co., Ltd.<sup>\*</sup> | 171311 |
| 1212 | Samsung Life Insurance Co., Ltd. | 126521 |
| 1017 | Samsung SDI Co., Ltd. | 208187 |
| 628 | Samsung SDS Co., Ltd. | 72309 |
| 13758 | Samsung Securities Co., Ltd. | 740783 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **South Korea - (continued)** | **South Korea - (continued)** |  |
| 60 | Samyang Foods Co., Ltd. | $59070 |
| 6598 | Shinhan Financial Group Co., Ltd. | 351878 |
| 481 | SK Biopharmaceuticals Co., Ltd.<sup>\*</sup> | 45902 |
| 416 | SK Bioscience Co., Ltd.<sup>\*</sup> | 15505 |
| 36711 | SK hynix Inc. | 13246483 |
| 390 | SK IE Technology Co., Ltd.<sup>\*(a)</sup> | 7588 |
| 560 | SK Inc. | 101612 |
| 1065 | SK Innovation Co., Ltd. | 83609 |
| 1532 | SK Square Co., Ltd.<sup>\*</sup> | 313046 |
| 389 | SKC Co., Ltd.<sup>\*</sup> | 29591 |
| 841 | S-Oil Corp.<sup>\*</sup> | 44046 |
| 11903 | Woori Financial Group Inc. | 215501 |
| 9086 | Youngone Corp. | 541869 |
| 99121 | Yuhan Corp. | 8226488 |
|  | Total South Korea | 84853733 |
| **Spain - 1.5%** |  |  |
| 396 | Acciona SA | 79539 |
| 3022 | ACS Actividades de Construccion y Servicios SA | 279629 |
| 11182 | Aena SME SA<sup>(a)</sup> | 304166 |
| 61168 | Amadeus IT Group SA | 4503947 |
| 92807 | Banco Bilbao Vizcaya Argentaria SA | 2000311 |
| 86867 | Banco de Sabadell SA | 314917 |
| 243002 | Banco Santander SA | 2595809 |
| 10265 | Bankinter SA | 161671 |
| 778828 | CaixaBank SA | 8662672 |
| 9334 | Cellnex Telecom SA<sup>(a)</sup> | 279911 |
| 796 | Corp. ACCIONA Energias Renovables SA | 19483 |
| 5186 | EDP Renovaveis SA | 69037 |
| 298307 | Enagas SA | 4927856 |
| 5260 | Endesa SA | 190692 |
| 4553 | Grifols SA | 55685 |
| 4065 | Grifols SA, Class B Shares | 35980 |
| 108719 | Iberdrola SA | 2295718 |
| 17947 | Industria de Diseno Textil SA | 1005725 |
| 13582 | Mapfre SA | 62829 |
| 6070 | Merlin Properties Socimi SA | 89559 |
| 1516 | Naturgy Energy Group SA | 46635 |
| 6619 | Redeia Corp. SA | 118053 |
| 18428 | Repsol SA | 341970 |
| 67829 | Telefonica SA | 293798 |
| 235588 | Unicaja Banco SA | 692394 |
|  | Total Spain | 29427986 |
| **Sweden - 2.4%** |  |  |
| 3110 | AAK AB | 87438 |
| 3335 | AddTech AB, Class B Shares | 114736 |
| 4262 | Alfa Laval AB | 201082 |
| 28224 | Ambea AB | 421587 |
| 193872 | Assa Abloy AB, Class B Shares | 7377749 |
| 41590 | Atlas Copco AB, Class A Shares | 708210 |
| 23597 | Atlas Copco AB, Class B Shares | 361099 |
| 1634 | Axfood AB | 46695 |
| 6978 | Beijer Ref AB, Class B Shares | 111246 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Sweden - (continued)** | **Sweden - (continued)** |  |
| 144734 | Boliden AB<sup>\*</sup> | $6936671 |
| 6203 | Castellum AB | 70382 |
| 958767 | Elekta AB, Class B Shares | 5886616 |
| 58774 | Epiroc AB, Class A Shares | 1262014 |
| 7392 | Epiroc AB, Class B Shares | 142348 |
| 9473 | EQT AB | 326611 |
| 146640 | Essity AB, Class B Shares | 4053972 |
| 2238 | Evolution AB<sup>(a)</sup> | 152903 |
| 9511 | Fastighets AB Balder, Class B Shares<sup>\*</sup> | 68380 |
| 292952 | Getinge AB, Class B Shares | 6679358 |
| 7887 | H & M Hennes & Mauritz AB, Class B Shares | 143033 |
| 34074 | Hexagon AB, Class B Shares | 399412 |
| 1350 | Holmen AB, Class B Shares | 49390 |
| 2066 | Industrivarden AB, Class A Shares | 86531 |
| 2211 | Industrivarden AB, Class C Shares | 92684 |
| 4024 | Indutrade AB | 99875 |
| 2486 | Investment AB Latour, Class B Shares | 59409 |
| 6573 | Investor AB, Class A Shares | 222619 |
| 29611 | Investor AB, Class B Shares | 1008601 |
| 1374 | L E Lundbergforetagen AB, Class B Shares | 72887 |
| 3524 | Lifco AB, Class B Shares | 129423 |
| 26122 | Nibe Industrier AB, Class B Shares | 96668 |
| 5802 | Saab AB, Class B Shares | 292370 |
| 3642 | Sagax AB, Class B Shares | 77877 |
| 963 | Sagax AB, Class D Shares | 3486 |
| 50360 | Sandvik AB | 1523439 |
| 7751 | Securitas AB, Class B Shares | 118115 |
| 24545 | Skandinaviska Enskilda Banken AB, Class A Shares | 487262 |
| 5786 | Skanska AB, Class B Shares | 148491 |
| 5859 | SKF AB, Class B Shares | 153343 |
| 4841 | Spotify Technology SA<sup>\*</sup> | 2899130 |
| 11605 | SSAB AB, Class B Shares | 81449 |
| 174783 | Svenska Cellulosa AB SCA, Class B Shares | 2270477 |
| 24886 | Svenska Handelsbanken AB, Class A Shares | 344863 |
| 3604 | Sweco AB, Class B Shares | 61360 |
| 13339 | Swedbank AB, Class A Shares | 424849 |
| 3076 | Swedish Orphan Biovitrum AB<sup>\*</sup> | 110434 |
| 9594 | Tele2 AB, Class B Shares | 152546 |
| 45045 | Telefonaktiebolaget LM Ericsson, Class B Shares | 433945 |
| 37265 | Telia Co. AB | 149492 |
| 3136 | Trelleborg AB, Class B Shares | 131648 |
| 2667 | Volvo AB, Class A Shares | 80141 |
| 25656 | Volvo AB, Class B Shares | 768997 |
| 13221 | Volvo Car AB, Class B Shares<sup>\*</sup> | 44134 |
|  | Total Sweden | 48227477 |
| **Switzerland - 4.5%** |  |  |
| 25701 | ABB Ltd., Class Registered Shares | 1850539 |
| 2750 | Adecco Group AG, Class Registered Shares | 76800 |
| 44003 | Alcon AG | 3503357 |
| 755939 | Amcor PLC | 6440600 |
| 8248 | Amrize Ltd.<sup>\*</sup> | 425769 |
| 1453 | Avolta AG | 79797 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Switzerland - (continued)** | **Switzerland - (continued)** |  |
| 391 | Bachem Holding AG, Class B Shares | $25274 |
| 692 | Baloise Holding AG, Class Registered Shares | 181030 |
| 450 | Banque Cantonale Vaudoise, Class Registered Shares | 54576 |
| 64 | Barry Callebaut AG, Class Registered Shares | 102692 |
| 156 | Belimo Holding AG, Class Registered Shares | 152348 |
| 295 | BKW AG | 61573 |
| 87 | Chocoladefabriken Lindt & Spruengli AG | 1281507 |
| 2 | Chocoladefabriken Lindt & Spruengli AG, Class Registered Shares | 298092 |
| 3301 | Coca-Cola HBC AG<sup>\*</sup> | 165452 |
| 36208 | Compania Financiere Richemont SA, Class Registered Shares | 7691165 |
| 512 | DKSH Holding AG | 35805 |
| 2846 | DSM-Firmenich AG | 233572 |
| 30 | Emmi AG, Class Registered Shares | 27106 |
| 106 | EMS-Chemie Holding AG, Class Registered Shares | 72293 |
| 347 | Flughafen Zurich AG, Class Registered Shares | 103434 |
| 2813 | Galderma Group AG | 560995 |
| 509 | Geberit AG, Class Registered Shares | 397003 |
| 1268 | Georg Fischer AG, Class Registered Shares | 83931 |
| 126 | Givaudan SA, Class Registered Shares | 531095 |
| 977669 | Glencore PLC<sup>\*</sup> | 4678150 |
| 551 | Helvetia Holding AG, Class Registered Shares | 142978 |
| 8251 | Holcim AG<sup>\*</sup> | 773276 |
| 187259 | Julius Baer Group Ltd. | 13397913 |
| 779 | Kuehne + Nagel International AG, Class Registered Shares | 156473 |
| 2370 | Logitech International SA, Class Registered Shares | 267018 |
| 1173 | Lonza Group AG, Class Registered Shares | 805122 |
| 41174 | Nestle SA, Class Registered Shares | 4090298 |
| 23200 | Novartis AG, ADR | 3025280 |
| 7233 | Novartis AG, Class Registered Shares | 943116 |
| 876 | Partners Group Holding AG | 1034498 |
| 673 | PSP Swiss Property AG, Class Registered Shares | 119061 |
| 465 | Roche Holding AG | 184804 |
| 27145 | Roche Holding AG | 10381227 |
| 72815 | Sandoz Group AG | 5148707 |
| 5390 | Schindler Holding AG | 1926927 |
| 357 | Schindler Holding AG, Class Registered Shares | 121205 |
| 2764 | SGS SA, Class Registered Shares | 317034 |
| 4817 | SIG Group AG<sup>\*</sup> | 58408 |
| 13068 | Sika AG, Class Registered Shares | 2579517 |
| 9514 | Sonova Holding AG, Class Registered Shares | 2375681 |
| 10816 | STMicroelectronics NV | 248771 |
| 1750 | Straumann Holding AG, Class Registered Shares | 199597 |
| 547 | Swatch Group AG | 110491 |
| 546 | Swatch Group AG, Class Registered Shares | 22563 |
| 475 | Swiss Life Holding AG, Class Registered Shares | 520933 |
| 1308 | Swiss Prime Site AG, Class Registered Shares | 192921 |
| 4884 | Swiss Re AG | 858368 |
| 428 | Swisscom AG, Class Registered Shares | 307085 |
| 140 | Swissquote Group Holding SA, Class Registered Shares | 86665 |
| 819 | Temenos AG, Class Registered Shares | 73507 |
| 190882 | UBS Group AG, Class Registered Shares | 7339394 |
| 431 | VAT Group AG<sup>(a)</sup> | 190095 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **Switzerland - (continued)** | **Switzerland - (continued)** |  |
| 90 | VZ Holding AG | $16733 |
| 2325 | Zurich Insurance Group AG | 1671477 |
|  | Total Switzerland | 88801098 |
| **Taiwan - 4.4%** |  |  |
| 137000 | Arcadyan Technology Corp. | 798838 |
| 4468 | ASPEED Technology Inc. | 1048200 |
| 35071 | Chroma ATE Inc. | 917619 |
| 77203 | Delta Electronics Inc. | 2293099 |
| 142510 | E Ink Holdings Inc. | 872890 |
| 13682 | eMemory Technology Inc. | 891978 |
| 34000 | FIT Hon Teng Ltd.<sup>\*(a)</sup> | 22296 |
| 107000 | Hon Hai Precision Industry Co., Ltd. | 768667 |
| 328000 | Primax Electronics Ltd. | 862268 |
| 128000 | Sercomm Corp. | 336535 |
| 216000 | Simplo Technology Co., Ltd. | 2361880 |
| 1208000 | Supreme Electronics Co., Ltd. | 2671984 |
| 188000 | T3EX Global Holdings Corp. | 401365 |
| 1273566 | Taiwan Semiconductor Manufacturing Co., Ltd. | 58549524 |
| 37652 | Taiwan Semiconductor Manufacturing Co., Ltd., ADR | 10975935 |
| 175000 | Tripod Technology Corp. | 1710651 |
| 130000 | Wah Lee Industrial Corp. | 440157 |
| 247000 | WNC Corp. | 803325 |
| 133000 | WT Microelectronics Co., Ltd. | 608201 |
|  | Total Taiwan | 87335412 |
| **Thailand - 0.1%** |  |  |
| 1519800 | Regional Container Lines PCL<sup>(c)</sup> | 1218585 |
| 16356700 | Sansiri PCL<sup>(c)</sup> | 718136 |
| 142400 | Thai Beverage PCL | 51137 |
|  | Total Thailand | 1987858 |
| **Turkey - 0.0%** |  |  |
| 261427 | Torunlar Gayrimenkul Yatirim Ortakligi AS | 447604 |
| **United Arab Emirates - 0.0%** | **United Arab Emirates - 0.0%** |  |
| 1216816 | Dubai Residential REIT | 407910 |
| 1296738 | Talabat Holding PLC | 327572 |
|  | Total United Arab Emirates | 735482 |
| **United Kingdom - 9.4%** | **United Kingdom - 9.4%** |  |
| 15651 | 3i Group PLC | 654852 |
| 4207 | Admiral Group PLC | 176576 |
| 7340 | Airtel Africa PLC<sup>(a)</sup> | 30215 |
| 17544 | Anglo American PLC | 663737 |
| 6972 | Ashtead Group PLC | 446139 |
| 4682 | Associated British Foods PLC | 132346 |
| 24477 | AstraZeneca PLC | 4536905 |
| 70818 | AstraZeneca PLC, ADR | 6566245 |
| 14106 | Auto Trader Group PLC<sup>(a)</sup> | 119315 |
| 50577 | Aviva PLC | 436614 |
| 48954 | BAE Systems PLC | 1069829 |
| 79124 | Balfour Beatty PLC | 737433 |
| 1309063 | Barclays PLC | 7437051 |
| 22663 | Barratt Redrow PLC | 118377 |
| 9913 | Beazley PLC | 104483 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **United Kingdom - (continued)** | **United Kingdom - (continued)** |  |
| 1417 | Berkeley Group Holdings PLC | $70453 |
| 260021 | BP PLC | 1563236 |
| 295582 | Bridgepoint Group PLC | 1107605 |
| 32044 | British American Tobacco PLC | 1876106 |
| 14378 | British Land Co. PLC | 77443 |
| 93529 | BT Group PLC, Class A Shares | 224211 |
| 5679 | Bunzl PLC | 162670 |
| 6390 | Burberry Group PLC<sup>\*</sup> | 96747 |
| 3558181 | Centrica PLC | 8078001 |
| 569328 | Chemring Group PLC | 3629871 |
| 3623 | Coca-Cola Europacific Partners PLC | 333184 |
| 27512 | Compass Group PLC | 863953 |
| 21268 | Computacenter PLC | 836225 |
| 29757 | Convatec Group PLC<sup>(a)</sup> | 92872 |
| 19234 | Croda International PLC | 692947 |
| 595647 | Currys PLC | 1038783 |
| 35979 | Diageo PLC | 824358 |
| 2036 | Diploma PLC | 147267 |
| 204980 | Drax Group PLC | 2015378 |
| 433253 | easyJet PLC | 2864112 |
| 3148 | Endeavour Mining PLC | 145527 |
| 9845 | Entain PLC | 101242 |
| 237118 | Firstgroup PLC | 553860 |
| 65941 | GSK PLC | 1564277 |
| 1434635 | Haleon PLC | 7041073 |
| 6260 | Halma PLC | 295516 |
| 2836 | Hikma Pharmaceuticals PLC | 58360 |
| 9170 | Howden Joinery Group PLC | 102080 |
| 284396 | HSBC Holdings PLC | 4037552 |
| 4512 | ICG PLC | 123939 |
| 143174 | IMI PLC | 4614544 |
| 12864 | Imperial Brands PLC | 546152 |
| 91160 | Inchcape PLC | 929631 |
| 21794 | Informa PLC | 276948 |
| 2421 | InterContinental Hotels Group PLC | 320943 |
| 39283 | International Consolidated Airlines Group SA | 206180 |
| 18096 | Intertek Group PLC | 1108654 |
| 28437 | J Sainsbury PLC | 121274 |
| 38702 | JD Sports Fashion PLC | 39603 |
| 116851 | JET2 PLC | 2174361 |
| 55219 | Keller Group PLC | 1186256 |
| 29774 | Kingfisher PLC | 120474 |
| 13397 | Land Securities Group PLC | 107338 |
| 2136072 | Legal & General Group PLC | 6985231 |
| 3887763 | Lloyds Banking Group PLC | 4923547 |
| 48333 | London Stock Exchange Group PLC | 5700938 |
| 2756198 | LondonMetric Property PLC | 6867183 |
| 2091966 | M&G PLC | 7545568 |
| 32689 | Marks & Spencer Group PLC | 150419 |
| 20772 | Melrose Industries PLC | 163863 |
| 6459 | Mondi PLC | 74275 |
| 127405 | National Grid PLC | 1931131 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **United Kingdom - (continued)** | **United Kingdom - (continued)** |  |
| 1226750 | NatWest Group PLC | $10229437 |
| 1869 | Next PLC | 349490 |
| 309651 | Patisserie Holdings PLC<sup>\*(c)(e)</sup> | 4097 |
| 10518 | Pearson PLC | 138802 |
| 5491 | Persimmon PLC | 97032 |
| 13431 | Phoenix Group Holdings PLC | 123837 |
| 671668 | QinetiQ Group PLC | 3694304 |
| 37554 | Reckitt Benckiser Group PLC | 2908106 |
| 72240 | RELX PLC | 2900539 |
| 40528 | Rentokil Initial PLC | 223215 |
| 11905 | Rightmove PLC | 86457 |
| 16739 | Rio Tinto PLC | 1203864 |
| 138952 | Rolls-Royce Holdings PLC | 1967375 |
| 16224 | Sage Group PLC | 230736 |
| 11161 | Schroders PLC | 57457 |
| 206750 | Segro PLC | 1952633 |
| 4646 | Severn Trent PLC | 173226 |
| 96039 | Shell PLC | 3532016 |
| 617700 | Smith & Nephew PLC | 10259575 |
| 5369 | Smiths Group PLC | 173734 |
| 14354 | Spirax Group PLC | 1274322 |
| 19294 | SSE PLC | 561499 |
| 477497 | St James's Place PLC | 8805672 |
| 480440 | Standard Chartered PLC | 10657817 |
| 55156 | Taylor Wimpey PLC | 74934 |
| 104671 | Tesco PLC | 623930 |
| 49549 | Unilever PLC | 2988828 |
| 39291 | Unilever PLC | 2362706 |
| 5716 | UNITE Group PLC | 39952 |
| 10887 | United Utilities Group PLC | 178184 |
| 304597 | Vodafone Group PLC | 380415 |
| 4152 | Weir Group PLC | 152565 |
| 2764 | Whitbread PLC | 91145 |
| 14625 | Willis Towers Watson PLC | 4694625 |
| 11589 | Wise PLC, Class A Shares<sup>\*</sup> | 135260 |
| 18785 | WPP PLC | 75449 |
| 12330 | YuLife Holdings Ltd., Private Placement, Class C Shares<sup>\*@(c)(e)</sup> | 148799 |
| 201385 | Zigup PLC | 916076 |
|  | Total United Kingdom | 184411588 |
| **United States - 1.5%** | **United States - 1.5%** |  |
| 28885 | Agilent Technologies Inc. | 4433847 |
| 7042 | BeOne Medicines Ltd., ADR<sup>\*</sup> | 2398576 |
| 6357 | Brookfield Asset Management Ltd., Class A Shares | 334617 |
| 4550 | Cadence Design Systems Inc.<sup>\*</sup> | 1418872 |
| 572 | Canva Inc., Private Placement<sup>\*@(c)(e)</sup> | 941592 |
| 122760 | Codere Online Luxembourg SA Private Shares<sup>\*(c)</sup> | 876506 |
| 118383 | Coupang Inc., Class A Shares<sup>\*</sup> | 3333665 |
| 13870 | GQG Partners Inc., CDI | 16818 |
| 1350 | Light & Wonder Inc., CDI<sup>\*</sup> | 135739 |
| 2346 | Mastercard Inc., Class A Shares | 1291543 |
| 1580 | MSCI Inc., Class A Shares | 890678 |
| 11472 | Philip Morris International Inc. | 1806611 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** |  |
| 2800 | RB Global Inc. | $274182 |
| 1 | S&P Global Inc. | 499 |
| 20700 | Samsonite Group SA<sup>(a)</sup> | 51208 |
| 255555 | Sensata Technologies Holding PLC | 8195649 |
| 8414 | Waters Corp.<sup>\*</sup> | 3394376 |
|  | Total United States | 29794978 |
| **Uruguay - 0.7%** |  |  |
| 6434 | MercadoLibre Inc.<sup>\*</sup> | 13329833 |
| **Vietnam - 0.1%** |  |  |
| 961860 | Asia Commercial Bank JSC | 884477 |
| 297000 | Bank for Foreign Trade of Vietnam JSC | 646456 |
|  | Total Vietnam | 1530933 |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $1,314,312,913) | **1822733995** |
| **EXCHANGE TRADED FUNDS (ETFs) - 5.3%** | **EXCHANGE TRADED FUNDS (ETFs) - 5.3%** |  |
| **United States - 5.3%** | **United States - 5.3%** |  |
| 1083679 | iShares Core MSCI Emerging Markets | 72714861 |
| 162552 | iShares MSCI EAFE Value | 11422529 |
| 13364 | Vanguard FTSE All World ex-US Small-Capital | 1921209 |
| 231212 | Vanguard FTSE Developed Markets | 14235723 |
| 65692 | Vanguard FTSE Emerging Markets | 3567075 |
|  | Total United States | 103861397 |
|  | **TOTAL EXCHANGE TRADED FUNDS (ETFs)** |  |
|  | (Cost - $92,981,566) | **103861397** |
| **PREFERRED STOCKS - 0.4%** | **PREFERRED STOCKS - 0.4%** |  |
| **Germany - 0.4%** |  |  |
| 134521 | Dr Ing hc F Porsche AG<sup>(a)</sup> | 6964540 |
| **United States - 0.0%** | **United States - 0.0%** |  |
| 31 | Canva Inc., Series A, Private Placement<sup>\*@(c)(e)</sup> | 51031 |
| 1 | Canva Inc., Series A-3, Private Placement<sup>\*@(c)(e)</sup> | 1646 |
|  | Total United States | 52677 |
|  | **TOTAL PREFERRED STOCKS** |  |
|  | (Cost - $6,854,593) | **7017217** |
| **WARRANTS - 0.0%** | **WARRANTS - 0.0%** |  |
| **Canada - 0.0%** |  |  |
| 2323 | Constellation Software Inc.<sup>\*(c)(e)</sup> | – |
| **United States - 0.0%** |  |  |
| 915 | Codere Online Luxembourg SA<sup>\*</sup> | 650 |
|  | **TOTAL WARRANTS** |  |
|  | (Cost - $0) | **650** |
| **RIGHT - 0.0%** |  |  |
| **South Korea - 0.0%** | **South Korea - 0.0%** |  |
| 1185 | Hanon Systems<sup>\*(c)(e)</sup> |  |
|  | (Cost - $0) | 230 |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $1,414,149,072) | **1933613489** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount†** | **** | **Security** | **Value** |
| **SHORT-TERM INVESTMENTS - 1.5%** | **SHORT-TERM INVESTMENTS - 1.5%** | **SHORT-TERM INVESTMENTS - 1.5%** |  |
| **TIME DEPOSITS - 1.0%** | **TIME DEPOSITS - 1.0%** | **TIME DEPOSITS - 1.0%** |  |
| 364672 | <sup>AUD</sup> | ANZ National Bank - Hong Kong, 2.300% due 12/1/25 | $238769 |
| 5127503 | | ANZ National Bank - London, 3.220% due 12/1/25 | 5127503 |
| 37264 | <sup>CHF</sup> | BNP Paribas SA - Paris, (0.300)% due 12/1/25 | 46372 |
|  | | Brown Brothers Harriman - Grand Cayman: |  |
| 1 | <sup>SGD</sup> | &nbsp;&nbsp;0.350% due 12/1/25 | 1 |
| 643704 | <sup>DKK</sup> | &nbsp;&nbsp;0.600% due 12/1/25 | 99952 |
| 620164 | <sup>SEK</sup> | &nbsp;&nbsp;0.660% due 12/1/25 | 65640 |
| 25400 | <sup>NZD</sup> | &nbsp;&nbsp;1.100% due 12/1/25 | 14566 |
| 1126678 | <sup>NOK</sup> | &nbsp;&nbsp;2.720% due 12/1/25 | 111287 |
| 650499 | <sup>ZAR</sup> | &nbsp;&nbsp;4.580% due 12/1/25 | 38018 |
|  | | Citibank - London: |  |
| 1149398 | <sup>EUR</sup> | &nbsp;&nbsp;0.880% due 12/1/25 | 1332900 |
| 208382 | <sup>GBP</sup> | &nbsp;&nbsp;2.910% due 12/1/25 | 275742 |
| 109813 | | Citibank - New York, 3.220% due 12/1/25 | 109813 |
| 2876869 | <sup>HKD</sup> | Hong Kong & Shanghai Bank - Hong Kong, 0.980% due 12/1/25 | 369511 |
| 116265 | <sup>SGD</sup> | Hong Kong & Shanghai Bank - Singapore, 0.350% due 12/1/25 | 89718 |
| 3506430 | | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 3506430 |
|  | | Royal Bank of Canada - Toronto: |  |
| 452147 | <sup>CAD</sup> | &nbsp;&nbsp;1.080% due 12/1/25 | 323413 |
| 6262908 | | &nbsp;&nbsp;3.220% due 12/1/25 | 6262908 |
| 144953244 | <sup>JPY</sup> | Sumitomo Mitsui Banking Corp. - Tokyo, 0.120% due 12/1/25 | 927938 |
|  | | **TOTAL TIME DEPOSITS** |  |
|  | | (Cost - $18,940,481) | **18940481** |
| **U.S. GOVERNMENT AGENCY - 0.5%** | **U.S. GOVERNMENT AGENCY - 0.5%** | **U.S. GOVERNMENT AGENCY - 0.5%** |  |
| 10457000 | | Federal Home Loan Bank Discount Notes, 3.841% due 12/1/25<sup>(f)</sup> |  |
|  | | (Cost - $10,457,000) | 10457000 |
|  | | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | | (Cost - $29,397,481) | **29397481** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.7%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.7%** |  |
| **MONEY MARKET FUND - 0.7%** | **MONEY MARKET FUND - 0.7%** |  |
| 14501488 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(g)</sup> |  |
|  | (Cost - $14,501,488) | 14501488 |
|  | **TOTAL INVESTMENTS - 100.4%** |  |
|  | (Cost - $1,458,048,041) | **1977512458** |
|  | Liabilities in Excess of Other Assets - (0.4)% | (7954685) |
|  | **TOTAL NET ASSETS - 100.0%** | $**1969557773** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (continued)**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $44,697,746 and represents 2.27% of net assets. |
| (b) | All or a portion of this security is on loan. |
| (c) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $4,626,745 and represents 0.23% of net assets. |
| (d) | Security trades on the Hong Kong exchange. |
| (e) | Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs. |
| (f) | Rate shown represents yield-to-maturity. |
| (g) | Represents investment of collateral received from securities lending transactions. |
| @ | Restricted security – Investment in security not registered under the Securities Act of 1933. The investment is deemed to not be liquid and may be sold only to qualified buyers. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Security** | **First <br> Acquisition <br> Date** | **First <br> Acquisition <br> Cost** | **Market<br> Value** | **Percent of<br> Net Assets** | |
| Canva Inc., Private Placement | 8/16/2021 | $397070 | $941592 | 0.05 | % |
| Canva Inc., Series A, Private Placement | 11/4/2021 | 52848 | 51031 | 0.00 | %\* |
| Canva Inc., Series A-3, Private Placement | 11/4/2021 | 1705 | 1646 | 0.00 | %\* |
| Novatek PJSC, Class Registered Shares, GDR | 3/19/2020 | 251081 | 88 | 0.00 | %\* |
| Novatek PJSC, GDR | 4/25/2022 | 52881 | 24 | 0.00 | %\* |
| Sberbank of Russia PJSC | 4/6/2017 | 557253 | 731 | 0.00 | %\* |
| YuLife Holdings Ltd., Private Placement, Class C Shares | 10/11/2022 | 243652 | 148799 | 0.01 | % |
| Tongcheng Travel Holdings Ltd. | 3/28/2025 | 118294 | 1570999 | 0.08 | % |
|  |  |  | **2714910** | **0.14** | **%** |

---

\* Position represents less than 0.005%

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| ADR | **—** | American Depositary Receipts |
| CDI | **—** | Clearing House Electronics Systems (CHESS) Depositary Interest |
| GDR | **—** | Global Depositary Receipts |
| PCL | **—** | Public Company Limited |
| PLC | **—** | Public Limited Company |
| REIT | **—** | Real Estate Investment Trust |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations International Equity Fund (continued)** |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Sector^** | |
| Financial | 23.1% |
| Industrial | 17.6 |
| Consumer Non-cyclical | 13.6 |
| Technology | 10.7 |
| Consumer Cyclical | 8.2 |
| Basic Materials | 6.2 |
| Communications | 6.1 |
| Energy | 3.7 |
| Utilities | 3.4 |
| Diversified | 0.0 \* |
| Exchange Traded Funds (ETFs) | 5.2 |
| Short-Term Investments | 1.5 |
| Money Market Fund | 0.7 |
|  | 100.0% |

---

^ As a percentage of total investments.

\* Position represents less than 0.05%.

At November 30, 2025, Destinations International Equity Fund had open exchange traded futures contracts as described below.

The unrealized appreciation on the open contracts was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts** | **Number of<br> Contracts** | **Expiration<br> Date<br> (Month/Year)** | **Notional<br> Amounts** | **Market Value** | **Unrealized<br> Appreciation** |
| **Contracts to Buy:** |  |  |  |  |  |
| MSCI EAFE Index December Futures | 29 | 12/25 | $4021311 | $4087405 | $66094 |

---

At November 30, 2025, Destinations International Equity Fund had deposited cash of $88,785 with a broker or brokers as margin collateral on open exchange traded futures contracts.

**Schedule of Options Contracts Written**

**Equity Options**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Notional <br> Amount** | **Security Name** | **Counterparty** | **Expiration <br> Date** | **Exercise <br> Rate** | **Value** |
| 3 | $273594 | Argenx SE, ADR, Call | MSCS | 12/19/25 | $870.00 | $(17250) |
|  |  | **TOTAL OPTION CONTRACTS WRITTEN** |  |  |  |  |
|  |  | **(Premiums received — $9,052)** |  |  |  | $**(17250)** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations International Equity Fund (concluded)**

**OTC Total Return Swaps**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Currency** | **Notional <br> Amount** | **Maturity <br> Date** | **Counterparty** | **Payment<br> Frequency** | **Pay** | **Receive** | **Unrealized<br> Appreciation/<br> (Depreciation)** |
| USD | 3414011 | 11/12/2025 | MSCS | 3-Month | Daily FED + 0.40% | Investcorp Capital PLC | $(1177586) |
| USD | 4719504 | 3/29/2027 | MSCS | 3-Month | Daily FED + 0.85% | Samsung Electronics Co., Ltd. | 476346 |
| USD | 3295847 | 3/29/2027 | MSCS | 3-Month | Daily FED + 0.85% | Samsung Electronics Co., Ltd. | 617451 |
|  |  |  |  |  |  |  | $**(83789)** |

---

---

| | | |
|:---|:---|:---|
| Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: |
| AUD | **—** | Australian Dollar |
| CAD | **—** | Canadian Dollar |
| CHF | **—** | Swiss Franc |
| DKK | **—** | Danish Krone |
| EUR | **—** | Euro |
| GBP | **—** | British Pound |
| HKD | **—** | Hong Kong Dollar |
| JPY | **—** | Japanese Yen |
| NOK | **—** | Norwegian Krone |
| NZD | **—** | New Zealand Dollar |
| SEK | **—** | Swedish Krona |
| SGD | **—** | Singapore Dollar |
| ZAR | **—** | South African Rand |

---

---

| | | |
|:---|:---|:---|
| Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: |
| MSCS | **—** | Morgan Stanley Capital Services LLC |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 26.7%** | **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 26.7%** | **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 26.7%** |
| **U.S. GOVERNMENT AGENCIES - 0.7%** | **U.S. GOVERNMENT AGENCIES - 0.7%** |  |
| $4990000 | Federal Farm Credit Banks Funding Corp., 2.490% due 6/30/36 | $4158216 |
|  | Federal Home Loan Banks: |  |
| 2700000 | &nbsp;&nbsp;1.700% due 9/4/35 | 2099371 |
| 2285000 | &nbsp;&nbsp;1.930% due 2/11/36 | 1813820 |
| 4302000 | Federal National Mortgage Association, 1.625% due 8/24/35 | 3395689 |
|  | **TOTAL U.S. GOVERNMENT AGENCIES** | **11467096** |
| **U.S. GOVERNMENT OBLIGATIONS - 26.0%** | **U.S. GOVERNMENT OBLIGATIONS - 26.0%** |  |
|  | U.S. Treasury Bonds: |  |
| 22000000 | &nbsp;&nbsp;1.125% due 5/15/40 | 14233828 |
| 7065000 | &nbsp;&nbsp;2.000% due 11/15/41 | 5030777 |
| 5735000 | &nbsp;&nbsp;3.375% due 8/15/42 | 4943301 |
| 33950000 | &nbsp;&nbsp;3.875% due 2/15/43 | 31154430 |
| 6715000 | &nbsp;&nbsp;3.625% due 2/15/44 | 5888740 |
| 12905000 | &nbsp;&nbsp;3.375% due 5/15/44 | 10884561 |
| 980000 | &nbsp;&nbsp;4.625% due 5/15/44 | 982756 |
| 3205000 | &nbsp;&nbsp;4.125% due 8/15/44 | 3004813 |
| 4780000 | &nbsp;&nbsp;4.625% due 11/15/44 | 4781867 |
| 2470000 | &nbsp;&nbsp;2.500% due 2/15/45 | 1790171 |
| 2975000 | &nbsp;&nbsp;4.875% due 8/15/45 | 3067969 |
| 3240000 | &nbsp;&nbsp;2.250% due 8/15/46 | 2187000 |
| 8500000 | &nbsp;&nbsp;3.000% due 2/15/48 | 6492871 |
| 9545000 | &nbsp;&nbsp;3.125% due 5/15/48 | 7441744 |
| 5110000 | &nbsp;&nbsp;3.375% due 11/15/48 | 4147484 |
| 47114000 | &nbsp;&nbsp;1.250% due 5/15/50 | 23372961 |
| 9050000 | &nbsp;&nbsp;1.375% due 8/15/50 | 4603127 |
| 29315000 | &nbsp;&nbsp;2.375% due 5/15/51 | 19068491 |
| 12330000 | &nbsp;&nbsp;1.875% due 11/15/51 | 7049774 |
| 7170000 | &nbsp;&nbsp;3.000% due 8/15/52 | 5296837 |
| 2801600 | &nbsp;&nbsp;4.000% due 11/15/52 | 2501194 |
| 5797000 | &nbsp;&nbsp;3.625% due 5/15/53 | 4830758 |
| 8290000 | &nbsp;&nbsp;4.125% due 8/15/53 | 7559768 |
| 2880000 | &nbsp;&nbsp;4.250% due 8/15/54 | 2682112 |
| 1015000 | &nbsp;&nbsp;4.500% due 11/15/54 | 985819 |
| 6190000 | &nbsp;&nbsp;4.625% due 2/15/55 | 6137772 |
| 3625000 | &nbsp;&nbsp;4.750% due 8/15/55 | 3670312 |
|  | U.S. Treasury Inflation Indexed Bonds: |  |
| 4923164 | &nbsp;&nbsp;0.750% due 2/15/42 | 3904733 |
| 2144812 | &nbsp;&nbsp;0.750% due 2/15/45 | 1599571 |
| 2160329 | &nbsp;&nbsp;0.250% due 2/15/50 | 1279841 |
|  | U.S. Treasury Inflation Indexed Notes: |  |
| 1540225 | &nbsp;&nbsp;0.375% due 7/15/27 | 1523962 |
| 1995539 | &nbsp;&nbsp;1.625% due 10/15/27 | 2015821 |
| 1553777 | &nbsp;&nbsp;0.500% due 1/15/28 | 1529571 |
| 3418198 | &nbsp;&nbsp;1.750% due 1/15/34 | 3437049 |
|  | U.S. Treasury Notes: |  |
| 18600000 | &nbsp;&nbsp;0.750% due 3/31/26 | 18416034 |
| 4650000 | &nbsp;&nbsp;0.750% due 5/31/26 | 4581413 |
| 6800000 | &nbsp;&nbsp;0.875% due 9/30/26 | 6644995 |
| 26400000 | &nbsp;&nbsp;3.500% due 9/30/27 | 26392781 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - (continued)** | **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - (continued)** | **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - (continued)** | **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - (continued)** |
| **U.S. GOVERNMENT OBLIGATIONS - (continued)** | **U.S. GOVERNMENT OBLIGATIONS - (continued)** | **U.S. GOVERNMENT OBLIGATIONS - (continued)** |  |
| $| 12098000 | &nbsp;&nbsp;0.625% due 11/30/27 | $11431665 |
|  | 5000000 | &nbsp;&nbsp;0.750% due 1/31/28 | 4716016 |
|  | 25795000 | &nbsp;&nbsp;3.375% due 9/15/28 | 25714391 |
|  | 24590000 | &nbsp;&nbsp;2.375% due 3/31/29 | 23707257 |
|  | 3960000 | &nbsp;&nbsp;4.125% due 11/30/29 | 4042603 |
|  | 22610000 | &nbsp;&nbsp;4.375% due 12/31/29 | 23299782 |
|  | 9480000 | &nbsp;&nbsp;3.875% due 4/30/30 | 9593686 |
|  | 26000000 | &nbsp;&nbsp;0.875% due 11/15/30 | 22803828 |
|  | 9660000 | &nbsp;&nbsp;3.875% due 9/30/32 | 9712828 |
|  | 220000 | &nbsp;&nbsp;4.250% due 11/15/34 | 224933 |
|  | 2500000 | &nbsp;&nbsp;4.250% due 5/15/35 | 2551563 |
|  |  | **TOTAL U.S. GOVERNMENT OBLIGATIONS** | **402915560** |
|  |  | **TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS** |  |
|  |  | (Cost - $444,388,826) | **414382656** |
| **MORTGAGE-BACKED SECURITIES - 25.5%** | **MORTGAGE-BACKED SECURITIES - 25.5%** | **MORTGAGE-BACKED SECURITIES - 25.5%** |  |
| **FHLMC - 6.5%** | **FHLMC - 6.5%** | **FHLMC - 6.5%** |  |
|  |  | Federal Home Loan Mortgage Corp. (FHLMC)., Gold: |  |
|  | 142090 | &nbsp;&nbsp;2.000% due 6/1/36 | 132231 |
|  | 74470 | &nbsp;&nbsp;2.000% due 12/1/40 | 64796 |
|  | 485465 | &nbsp;&nbsp;2.000% due 5/1/41 | 427196 |
|  | 574602 | &nbsp;&nbsp;2.000% due 12/1/41 | 504964 |
|  | 246223 | &nbsp;&nbsp;2.000% due 9/1/50 | 204107 |
|  | 4832493 | &nbsp;&nbsp;2.000% due 3/1/51 | 3960873 |
|  | 722906 | &nbsp;&nbsp;2.000% due 4/1/51 | 592547 |
|  | 416946 | &nbsp;&nbsp;2.000% due 5/1/51 | 347646 |
|  | 163086 | &nbsp;&nbsp;2.000% due 8/1/51 | 133871 |
|  | 166195 | &nbsp;&nbsp;2.000% due 11/1/51 | 137196 |
|  | 652651 | &nbsp;&nbsp;2.000% due 4/1/52 | 542571 |
|  | 244901 | &nbsp;&nbsp;2.500% due 5/1/50 | 212667 |
|  | 282814 | &nbsp;&nbsp;2.500% due 6/1/50 | 243707 |
|  | 1617129 | &nbsp;&nbsp;2.500% due 7/1/50 | 1399505 |
|  | 432975 | &nbsp;&nbsp;2.500% due 9/1/50 | 373460 |
|  | 61637 | &nbsp;&nbsp;2.500% due 10/1/50 | 53738 |
|  | 494445 | &nbsp;&nbsp;2.500% due 11/1/50 | 424993 |
|  | 151154 | &nbsp;&nbsp;2.500% due 2/1/51 | 131717 |
|  | 386863 | &nbsp;&nbsp;2.500% due 3/1/51 | 332046 |
|  | 181665 | &nbsp;&nbsp;2.500% due 5/1/51 | 156106 |
|  | 245384 | &nbsp;&nbsp;2.500% due 7/1/51 | 210667 |
|  | 271909 | &nbsp;&nbsp;2.500% due 10/1/51 | 233358 |
|  | 5179057 | &nbsp;&nbsp;2.500% due 12/1/51 | 4440789 |
|  | 6674687 | &nbsp;&nbsp;2.500% due 1/1/52 | 5757928 |
|  | 769819 | &nbsp;&nbsp;2.500% due 4/1/52 | 659287 |
|  | 458886 | &nbsp;&nbsp;3.000% due 2/1/33 | 446573 |
|  | 244274 | &nbsp;&nbsp;3.000% due 5/1/33 | 238806 |
|  | 207179 | &nbsp;&nbsp;3.000% due 3/1/35 | 198680 |
|  | 357654 | &nbsp;&nbsp;3.000% due 5/1/35 | 345896 |
|  | 3384179 | &nbsp;&nbsp;3.000% due 3/1/42 | 3159400 |
|  | 99399 | &nbsp;&nbsp;3.000% due 1/1/47 | 90542 |
|  | 200786 | &nbsp;&nbsp;3.000% due 2/1/47 | 183628 |
|  | 4717901 | &nbsp;&nbsp;3.000% due 4/1/50 | 4087649 |
|  | 563262 | &nbsp;&nbsp;3.000% due 8/1/51 | 507599 |
|  | 420922 | &nbsp;&nbsp;3.000% due 9/1/51 | 379618 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** |
| **FHLMC - (continued)** | **FHLMC - (continued)** | **FHLMC - (continued)** |  |
| $| 513207 | &nbsp;&nbsp;3.000% due 10/1/51 | $463050 |
|  | 6403550 | &nbsp;&nbsp;3.000% due 1/1/52 | 5780340 |
|  | 6821962 | &nbsp;&nbsp;3.000% due 5/1/52 | 6153882 |
|  | 3566131 | &nbsp;&nbsp;3.030% due 1/1/50 | 2924056 |
|  | 667781 | &nbsp;&nbsp;3.500% due 8/1/43 | 636988 |
|  | 297435 | &nbsp;&nbsp;3.500% due 1/1/48 | 280995 |
|  | 306845 | &nbsp;&nbsp;3.500% due 4/1/50 | 287631 |
|  | 2582339 | &nbsp;&nbsp;3.500% due 8/1/52 | 2417666 |
|  | 539492 | &nbsp;&nbsp;4.000% due 10/1/44 | 525259 |
|  | 34711 | &nbsp;&nbsp;4.000% due 4/1/47 | 33995 |
|  | 683946 | &nbsp;&nbsp;4.000% due 12/1/47 | 664139 |
|  | 4873905 | &nbsp;&nbsp;4.000% due 3/1/49 | 4731618 |
|  | 369350 | &nbsp;&nbsp;4.000% due 4/1/49 | 357389 |
|  | 126851 | &nbsp;&nbsp;4.000% due 5/1/49 | 123425 |
|  | 430449 | &nbsp;&nbsp;4.000% due 7/1/49 | 419291 |
|  | 6123228 | &nbsp;&nbsp;4.000% due 2/1/51 | 5944788 |
|  | 1225331 | &nbsp;&nbsp;4.000% due 8/1/51 | 1188860 |
|  | 242700 | &nbsp;&nbsp;4.500% due 5/1/48 | 240964 |
|  | 212627 | &nbsp;&nbsp;5.000% due 7/1/40 | 215153 |
|  | 146386 | &nbsp;&nbsp;5.000% due 8/1/52 | 147029 |
|  | 668494 | &nbsp;&nbsp;5.000% due 10/1/52 | 670025 |
|  | 261083 | &nbsp;&nbsp;5.000% due 4/1/53 | 263091 |
|  | 3003934 | &nbsp;&nbsp;5.000% due 6/1/53 | 3039192 |
|  | 3758337 | &nbsp;&nbsp;5.000% due 3/1/54 | 3799387 |
|  | 6422369 | &nbsp;&nbsp;5.000% due 8/1/55 | 6454980 |
|  | 727063 | &nbsp;&nbsp;5.500% due 12/1/37 | 744847 |
|  | 540338 | &nbsp;&nbsp;5.500% due 2/1/53 | 550319 |
|  | 3010976 | &nbsp;&nbsp;5.500% due 9/1/53 | 3098179 |
|  | 3561791 | &nbsp;&nbsp;5.500% due 1/1/55 | 3664619 |
|  | 527659 | &nbsp;&nbsp;5.500% due 6/1/55 | 538989 |
|  | 2975000 | &nbsp;&nbsp;5.500% due 12/1/55 | 3013915 |
|  | 299349 | &nbsp;&nbsp;6.000% due 11/1/52 | 307978 |
|  | 343179 | &nbsp;&nbsp;6.000% due 12/1/52 | 355709 |
|  | 141181 | &nbsp;&nbsp;6.000% due 3/1/53 | 146932 |
|  | 3122506 | &nbsp;&nbsp;6.000% due 8/1/53 | 3240581 |
|  | 2808359 | &nbsp;&nbsp;6.000% due 4/1/54 | 2926241 |
|  | 1223823 | &nbsp;&nbsp;6.000% due 6/1/54 | 1258530 |
|  | 1152039 | &nbsp;&nbsp;6.000% due 8/1/54 | 1183173 |
|  |  | **TOTAL FHLMC** | **100109562** |
| **FNMA - 16.0%** | **FNMA - 16.0%** |  |  |
|  |  | Federal National Mortgage Association (FNMA): |  |
|  | 951368 | &nbsp;&nbsp;1.500% due 9/1/51 | 739245 |
|  | 223375 | &nbsp;&nbsp;1.500% due 10/1/51 | 173538 |
|  | 139313 | &nbsp;&nbsp;1.500% due 11/1/51 | 108335 |
|  | 772815 | &nbsp;&nbsp;1.500% due 4/1/52 | 600023 |
|  | 192609 | &nbsp;&nbsp;2.000% due 5/1/36 | 178038 |
|  | 400969 | &nbsp;&nbsp;2.000% due 8/1/36 | 371094 |
|  | 260888 | &nbsp;&nbsp;2.000% due 9/1/36 | 243579 |
|  | 287653 | &nbsp;&nbsp;2.000% due 9/1/40 | 255762 |
|  | 712520 | &nbsp;&nbsp;2.000% due 12/1/40 | 629991 |
|  | 329629 | &nbsp;&nbsp;2.000% due 4/1/41 | 291936 |
|  | 98635 | &nbsp;&nbsp;2.000% due 5/1/41 | 87235 |
|  | 414575 | &nbsp;&nbsp;2.000% due 10/1/41 | 364849 |
|  | 12862897 | &nbsp;&nbsp;2.000% due 6/1/50 | 10551031 |
|  | 9697031 | &nbsp;&nbsp;2.000% due 8/1/50 | 7982534 |
|  | 1098593 | &nbsp;&nbsp;2.000% due 9/1/50 | 910680 |
|  | 268630 | &nbsp;&nbsp;2.000% due 12/1/50 | 222737 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** |
| **FNMA - (continued)** | **FNMA - (continued)** |  |
| $1644533 | &nbsp;&nbsp;2.000% due 2/1/51 | $1368180 |
| 4394292 | &nbsp;&nbsp;2.000% due 3/1/51 | 3597897 |
| 2615971 | &nbsp;&nbsp;2.000% due 4/1/51 | 2140649 |
| 5434748 | &nbsp;&nbsp;2.000% due 5/1/51 | 4498482 |
| 126912 | &nbsp;&nbsp;2.000% due 7/1/51 | 104015 |
| 225065 | &nbsp;&nbsp;2.250% due 4/1/33 | 199202 |
| 47842 | &nbsp;&nbsp;2.500% due 6/1/30 | 46671 |
| 5253673 | &nbsp;&nbsp;2.500% due 2/1/47 | 4604123 |
| 267701 | &nbsp;&nbsp;2.500% due 4/1/50 | 229937 |
| 260901 | &nbsp;&nbsp;2.500% due 6/1/50 | 224702 |
| 266090 | &nbsp;&nbsp;2.500% due 7/1/50 | 230573 |
| 451687 | &nbsp;&nbsp;2.500% due 9/1/50 | 387876 |
| 4430591 | &nbsp;&nbsp;2.500% due 10/1/50 | 3857444 |
| 8657248 | &nbsp;&nbsp;2.500% due 11/1/50 | 7393727 |
| 261747 | &nbsp;&nbsp;2.500% due 1/1/51 | 227172 |
| 931130 | &nbsp;&nbsp;2.500% due 2/1/51 | 798158 |
| 3270590 | &nbsp;&nbsp;2.500% due 5/1/51 | 2822545 |
| 368091 | &nbsp;&nbsp;2.500% due 7/1/51 | 316306 |
| 9285730 | &nbsp;&nbsp;2.500% due 8/1/51 | 7948934 |
| 228734 | &nbsp;&nbsp;2.500% due 9/1/51 | 197155 |
| 7059089 | &nbsp;&nbsp;2.500% due 10/1/51 | 6053973 |
| 6887669 | &nbsp;&nbsp;2.500% due 11/1/51 | 5924735 |
| 5705807 | &nbsp;&nbsp;2.500% due 12/1/51 | 4889700 |
| 424197 | &nbsp;&nbsp;2.500% due 1/1/52 | 366362 |
| 284789 | &nbsp;&nbsp;2.500% due 3/1/52 | 244226 |
| 576442 | &nbsp;&nbsp;2.500% due 1/1/57 | 493716 |
| 183415 | &nbsp;&nbsp;3.000% due 2/1/30 | 180470 |
| 118173 | &nbsp;&nbsp;3.000% due 10/1/30 | 116047 |
| 276093 | &nbsp;&nbsp;3.000% due 1/1/31 | 271044 |
| 758207 | &nbsp;&nbsp;3.000% due 11/1/36 | 724475 |
| 2794919 | &nbsp;&nbsp;3.000% due 3/1/43 | 2594776 |
| 5157557 | &nbsp;&nbsp;3.000% due 6/1/43 | 4788225 |
| 97337 | &nbsp;&nbsp;3.000% due 11/1/48 | 88555 |
| 184462 | &nbsp;&nbsp;3.000% due 2/1/50 | 167371 |
| 744750 | &nbsp;&nbsp;3.000% due 8/1/50 | 666339 |
| 305054 | &nbsp;&nbsp;3.000% due 10/1/50 | 272041 |
| 438866 | &nbsp;&nbsp;3.000% due 12/1/50 | 391440 |
| 349358 | &nbsp;&nbsp;3.000% due 5/1/51 | 317905 |
| 556919 | &nbsp;&nbsp;3.000% due 7/1/51 | 499003 |
| 856293 | &nbsp;&nbsp;3.000% due 8/1/51 | 768383 |
| 85030 | &nbsp;&nbsp;3.000% due 9/1/51 | 75898 |
| 966227 | &nbsp;&nbsp;3.000% due 10/1/51 | 867649 |
| 188414 | &nbsp;&nbsp;3.000% due 11/1/51 | 168999 |
| 174879 | &nbsp;&nbsp;3.000% due 12/1/51 | 156694 |
| 260150 | &nbsp;&nbsp;3.000% due 1/1/52 | 233122 |
| 279548 | &nbsp;&nbsp;3.000% due 4/1/52 | 251108 |
| 389056 | &nbsp;&nbsp;3.000% due 5/1/52 | 349529 |
| 6078738 | &nbsp;&nbsp;3.000% due 6/1/52 | 5471841 |
| 3363544 | &nbsp;&nbsp;3.000% due 4/1/53 | 3070735 |
| 137586 | &nbsp;&nbsp;3.500% due 7/1/32 | 136348 |
| 412537 | &nbsp;&nbsp;3.500% due 3/1/33 | 408289 |
| 312251 | &nbsp;&nbsp;3.500% due 7/1/37 | 303491 |
| 539991 | &nbsp;&nbsp;3.500% due 8/1/43 | 514405 |
| 540488 | &nbsp;&nbsp;3.500% due 3/1/46 | 511446 |
| 549406 | &nbsp;&nbsp;3.500% due 5/1/47 | 522937 |
| 671803 | &nbsp;&nbsp;3.500% due 11/1/47 | 633308 |
| 676812 | &nbsp;&nbsp;3.500% due 2/1/48 | 642695 |
| 354719 | &nbsp;&nbsp;3.500% due 7/1/50 | 331534 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** |
| **FNMA - (continued)** | **FNMA - (continued)** |  |
| $139342 | &nbsp;&nbsp;3.500% due 9/1/50 | $131377 |
| 525583 | &nbsp;&nbsp;3.500% due 1/1/51 | 491464 |
| 1158220 | &nbsp;&nbsp;3.500% due 2/1/51 | 1083034 |
| 5923314 | &nbsp;&nbsp;3.500% due 7/1/51 | 5541231 |
| 573764 | &nbsp;&nbsp;3.500% due 4/1/52 | 536518 |
| 842752 | &nbsp;&nbsp;3.500% due 10/1/56 | 775630 |
| 169322 | &nbsp;&nbsp;3.500% due 2/1/57 | 155836 |
| 336000 | &nbsp;&nbsp;3.920% due 10/1/30 | 334044 |
| 205287 | &nbsp;&nbsp;4.000% due 8/1/38 | 204597 |
| 363312 | &nbsp;&nbsp;4.000% due 11/1/38 | 361683 |
| 1600000 | &nbsp;&nbsp;4.000% due 12/1/40<sup>(a)</sup> | 1577981 |
| 75100 | &nbsp;&nbsp;4.000% due 3/1/46 | 73320 |
| 464529 | &nbsp;&nbsp;4.000% due 3/1/47 | 451216 |
| 45761 | &nbsp;&nbsp;4.000% due 12/1/47 | 44544 |
| 65681 | &nbsp;&nbsp;4.000% due 2/1/48 | 63771 |
| 94956 | &nbsp;&nbsp;4.000% due 1/1/49 | 92881 |
| 1902166 | &nbsp;&nbsp;4.000% due 3/1/49 | 1840055 |
| 124756 | &nbsp;&nbsp;4.000% due 5/1/49 | 121179 |
| 31811 | &nbsp;&nbsp;4.000% due 8/1/49 | 31056 |
| 1543419 | &nbsp;&nbsp;4.000% due 11/1/49 | 1498280 |
| 513811 | &nbsp;&nbsp;4.000% due 4/1/50 | 499524 |
| 7811992 | &nbsp;&nbsp;4.000% due 5/1/51 | 7565727 |
| 330351 | &nbsp;&nbsp;4.000% due 8/1/51 | 321338 |
| 385936 | &nbsp;&nbsp;4.000% due 6/1/52 | 371453 |
| 523800 | &nbsp;&nbsp;4.120% due 11/1/30 | 525313 |
| 335000 | &nbsp;&nbsp;4.370% due 11/1/30 | 339677 |
| 793797 | &nbsp;&nbsp;4.390% due 4/1/29 | 806363 |
| 264204 | &nbsp;&nbsp;4.500% due 12/1/37 | 266105 |
| 8735000 | &nbsp;&nbsp;4.500% due 12/1/40<sup>(a)</sup> | 8734996 |
| 174467 | &nbsp;&nbsp;4.500% due 5/1/48 | 173860 |
| 176544 | &nbsp;&nbsp;4.500% due 6/1/48 | 175820 |
| 2970798 | &nbsp;&nbsp;4.500% due 10/1/50 | 2957803 |
| 1023978 | &nbsp;&nbsp;4.500% due 6/1/52 | 1007198 |
| 3325743 | &nbsp;&nbsp;4.500% due 7/1/52 | 3256477 |
| 711332 | &nbsp;&nbsp;4.500% due 3/1/53 | 698353 |
| 262000 | &nbsp;&nbsp;4.520% due 10/1/30 | 267366 |
| 120000 | &nbsp;&nbsp;4.750% due 4/1/28 | 121948 |
| 510496 | &nbsp;&nbsp;5.000% due 7/1/52 | 512739 |
| 14972163 | &nbsp;&nbsp;5.000% due 9/1/52 | 15017782 |
| 768376 | &nbsp;&nbsp;5.000% due 10/1/52 | 769799 |
| 117339 | &nbsp;&nbsp;5.000% due 11/1/52 | 117694 |
| 1533454 | &nbsp;&nbsp;5.000% due 12/1/52 | 1537659 |
| 62669 | &nbsp;&nbsp;5.000% due 3/1/53 | 62713 |
| 7489802 | &nbsp;&nbsp;5.000% due 4/1/53 | 7508804 |
| 2200000 | &nbsp;&nbsp;5.000% due 12/1/54<sup>(a)</sup> | 2195327 |
| 585000 | &nbsp;&nbsp;5.065% due 12/1/28 | 604087 |
| 231341 | &nbsp;&nbsp;5.500% due 4/1/38 | 237000 |
| 326205 | &nbsp;&nbsp;5.500% due 11/1/39 | 333891 |
| 748176 | &nbsp;&nbsp;5.500% due 8/1/40 | 766502 |
| 2215000 | &nbsp;&nbsp;5.500% due 12/1/40<sup>(a)</sup> | 2266725 |
| 347506 | &nbsp;&nbsp;5.500% due 10/1/52 | 354128 |
| 1026207 | &nbsp;&nbsp;5.500% due 11/1/52 | 1046012 |
| 1194945 | &nbsp;&nbsp;5.500% due 12/1/52 | 1217342 |
| 5015567 | &nbsp;&nbsp;5.500% due 1/1/53 | 5102395 |
| 634305 | &nbsp;&nbsp;5.500% due 6/1/53 | 645900 |
| 6343388 | &nbsp;&nbsp;5.500% due 7/1/53 | 6531460 |
| 5962989 | &nbsp;&nbsp;5.500% due 11/1/54 | 6139491 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** |
| **FNMA - (continued)** | **FNMA - (continued)** | **FNMA - (continued)** |  |
| $| 39089 | &nbsp;&nbsp;5.500% due 1/1/55 | $39596 |
|  | 970227 | &nbsp;&nbsp;5.500% due 7/1/55 | 982703 |
|  | 970989 | &nbsp;&nbsp;5.500% due 8/1/55 | 983475 |
|  | 3862883 | &nbsp;&nbsp;5.500% due 10/1/55 | 3977236 |
|  | 16036000 | &nbsp;&nbsp;5.500% due 12/1/55<sup>(a)</sup> | 16238150 |
|  | 373582 | &nbsp;&nbsp;6.000% due 5/1/53 | 387658 |
|  | 8843976 | &nbsp;&nbsp;6.000% due 6/1/54 | 9187581 |
|  | 386466 | &nbsp;&nbsp;6.000% due 9/1/54 | 396633 |
|  | 9845000 | &nbsp;&nbsp;6.000% due 12/1/55<sup>(a)</sup> | 10079795 |
|  |  | **TOTAL FNMA** | **248112464** |
| **GNMA - 3.0%** | **GNMA - 3.0%** | **GNMA - 3.0%** |  |
|  |  | Government National Mortgage Association (GNMA): |  |
|  | 2405000 | &nbsp;&nbsp;2.000% due 12/1/55<sup>(a)</sup> | 2001851 |
|  | 12424000 | &nbsp;&nbsp;2.500% due 12/1/55<sup>(a)</sup> | 10780221 |
|  | 1380000 | &nbsp;&nbsp;5.000% due 12/1/54<sup>(a)</sup> | 1378341 |
|  | 3795000 | &nbsp;&nbsp;5.500% due 12/1/55<sup>(a)</sup> | 3832486 |
|  | 2622000 | &nbsp;&nbsp;6.000% due 12/1/55<sup>(a)</sup> | 2672343 |
|  |  | Government National Mortgage Association (GNMA) II: |  |
|  | 557786 | &nbsp;&nbsp;2.000% due 10/20/50 | 464587 |
|  | 1244578 | &nbsp;&nbsp;2.000% due 12/20/50 | 1036409 |
|  | 528631 | &nbsp;&nbsp;2.500% due 11/20/49 | 462036 |
|  | 416964 | &nbsp;&nbsp;2.500% due 3/20/51 | 362029 |
|  | 3378679 | &nbsp;&nbsp;2.500% due 10/20/51 | 2926186 |
|  | 140995 | &nbsp;&nbsp;3.000% due 4/20/31 | 138509 |
|  | 415910 | &nbsp;&nbsp;3.000% due 6/20/50 | 374912 |
|  | 76125 | &nbsp;&nbsp;3.000% due 12/20/50 | 68915 |
|  | 1856641 | &nbsp;&nbsp;3.000% due 6/20/51 | 1677171 |
|  | 691155 | &nbsp;&nbsp;3.000% due 9/20/51 | 624251 |
|  | 392597 | &nbsp;&nbsp;3.000% due 12/20/52 | 354999 |
|  | 93673 | &nbsp;&nbsp;3.500% due 8/20/42 | 89357 |
|  | 351936 | &nbsp;&nbsp;3.500% due 10/20/43 | 333472 |
|  | 62961 | &nbsp;&nbsp;3.500% due 12/20/43 | 59431 |
|  | 282771 | &nbsp;&nbsp;3.500% due 3/20/44 | 267467 |
|  | 12572 | &nbsp;&nbsp;3.500% due 7/20/44 | 11874 |
|  | 313141 | &nbsp;&nbsp;3.500% due 6/20/46 | 293401 |
|  | 263488 | &nbsp;&nbsp;3.500% due 2/20/49 | 245249 |
|  | 190778 | &nbsp;&nbsp;3.500% due 6/20/49 | 176614 |
|  | 464987 | &nbsp;&nbsp;3.500% due 11/20/49 | 430294 |
|  | 405184 | &nbsp;&nbsp;3.500% due 6/20/50 | 374880 |
|  | 521536 | &nbsp;&nbsp;3.500% due 9/20/50 | 482503 |
|  | 438338 | &nbsp;&nbsp;3.500% due 2/20/51 | 405664 |
|  | 2487087 | &nbsp;&nbsp;3.500% due 10/20/51 | 2297495 |
|  | 3694833 | &nbsp;&nbsp;3.500% due 2/20/52 | 3414877 |
|  | 712184 | &nbsp;&nbsp;3.500% due 1/20/53 | 659781 |
|  | 391527 | &nbsp;&nbsp;4.000% due 10/20/44 | 379610 |
|  | 260402 | &nbsp;&nbsp;4.000% due 2/20/45 | 252479 |
|  | 179097 | &nbsp;&nbsp;4.000% due 10/20/45 | 174346 |
|  | 222712 | &nbsp;&nbsp;4.000% due 2/20/47 | 215187 |
|  | 464247 | &nbsp;&nbsp;4.000% due 10/20/48 | 447811 |
|  | 381829 | &nbsp;&nbsp;4.000% due 3/20/49 | 367450 |
|  | 1056064 | &nbsp;&nbsp;4.000% due 2/20/52 | 1010278 |
|  | 501986 | &nbsp;&nbsp;4.500% due 2/20/40 | 507562 |
|  | 168698 | &nbsp;&nbsp;4.500% due 7/20/49 | 167432 |
|  | 173252 | &nbsp;&nbsp;4.500% due 8/20/49 | 171195 |
|  | 245750 | &nbsp;&nbsp;4.500% due 8/20/52 | 242220 |
|  | 229759 | &nbsp;&nbsp;4.500% due 9/20/52 | 226388 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** |
| **GNMA - (continued)** | **GNMA - (continued)** | **GNMA - (continued)** |  |
| $| 1034552 | &nbsp;&nbsp;4.500% due 10/20/52 | $1019216 |
|  | 223239 | &nbsp;&nbsp;5.000% due 5/20/40 | 229799 |
|  | 178098 | &nbsp;&nbsp;5.000% due 6/20/40 | 183874 |
|  | 69949 | &nbsp;&nbsp;5.000% due 7/20/40 | 72046 |
|  | 1761478 | &nbsp;&nbsp;5.500% due 11/20/54 | 1783735 |
|  | 234818 | &nbsp;&nbsp;6.000% due 7/20/55 | 239758 |
|  | 799777 | &nbsp;&nbsp;6.000% due 9/20/55 | 817332 |
|  |  | **TOTAL GNMA** | **47205323** |
|  |  | **TOTAL MORTGAGE-BACKED SECURITIES** |  |
|  |  | (Cost - $412,296,194) | **395427349** |
| **CORPORATE BONDS & NOTES - 18.4%** | **CORPORATE BONDS & NOTES - 18.4%** | **CORPORATE BONDS & NOTES - 18.4%** |  |
| **Basic Materials - 0.3%** | **Basic Materials - 0.3%** | **Basic Materials - 0.3%** |  |
|  | 200000 | AngloGold Ashanti Holdings PLC, Company Guaranteed Notes, 3.375% due 11/1/28 | 193991 |
|  | 80000 | ArcelorMittal SA, Senior Unsecured Notes, 6.000% due 6/17/34 | 86383 |
|  | 200000 | Aris Mining Corp., Company Guaranteed Notes, 8.000% due 10/31/29<sup>(b)</sup> | 208776 |
|  | 40000 | Arsenal AIC Parent LLC, Senior Secured Notes, 8.000% due 10/1/30<sup>(b)</sup> | 42485 |
|  |  | BHP Billiton Finance USA Ltd., Company Guaranteed Notes: |  |
|  | 20000 | &nbsp;&nbsp;5.125% due 2/21/32 | 20748 |
|  | 245000 | &nbsp;&nbsp;4.900% due 2/28/33 | 250993 |
|  | 25000 | &nbsp;&nbsp;5.250% due 9/8/33 | 26095 |
|  | 400000 | CAP SA, Senior Unsecured Notes, 3.900% due 4/27/31 | 326000 |
|  |  | Celanese US Holdings LLC, Company Guaranteed Notes: |  |
|  | 40000 | &nbsp;&nbsp;6.500% due 4/15/30 | 39937 |
|  | 40000 | &nbsp;&nbsp;6.750% due 4/15/33 | 39807 |
|  | 65000 | Cleveland-Cliffs Inc., Company Guaranteed Notes, 6.875% due 11/1/29<sup>(b)</sup> | 66875 |
|  | 250000 | Corp. Nacional del Cobre de Chile, Senior Unsecured Notes, 3.000% due 9/30/29 | 237100 |
|  | 200000 | CSN Resources SA, Company Guaranteed Notes, 5.875% due 4/8/32 | 150500 |
|  |  | Glencore Funding LLC, Company Guaranteed Notes: |  |
|  | 525000 | &nbsp;&nbsp;5.371% due 4/4/29<sup>(b)</sup> | 542661 |
|  | 50000 | &nbsp;&nbsp;6.375% due 10/6/30<sup>(b)</sup> | 54042 |
|  | 145000 | &nbsp;&nbsp;2.850% due 4/27/31<sup>(b)</sup> | 133835 |
|  | 80000 | &nbsp;&nbsp;6.500% due 10/6/33<sup>(b)</sup> | 88855 |
|  | 95000 | &nbsp;&nbsp;5.634% due 4/4/34<sup>(b)</sup> | 99674 |
|  | 200000 | Gold Fields Orogen Holdings BVI Ltd., Company Guaranteed Notes, 6.125% due 5/15/29 | 210239 |
|  | 23000 | Illuminate Buyer LLC/Illuminate Holdings IV Inc., Senior Unsecured Notes, 9.000% due 7/1/28<sup>(b)</sup> | 22995 |
|  | 200000 | Inversiones CMPC SA, Company Guaranteed Notes, 6.700% (5-Year CMT Index + 2.834%) due 12/9/57<sup>(b)(c)</sup> | 199600 |
|  | 25000 | Mativ Holdings Inc., Company Guaranteed Notes, 8.000% due 10/1/29<sup>(b)</sup> | 25045 |
|  | 35000 | Novelis Corp., Company Guaranteed Notes, 6.875% due 1/30/30<sup>(b)</sup> | 36268 |
|  | 200000 | OCP SA, Senior Unsecured Notes, 6.750% due 5/2/34 | 215091 |
|  | 55000 | Olin Corp., Senior Unsecured Notes, 6.625% due 4/1/33<sup>(b)</sup> | 54633 |
|  | 200000 | Orbia Advance Corp. SAB de CV, Company Guaranteed Notes, 5.875% due 9/17/44 | 153598 |
|  | 300000 | Rio Tinto Alcan Inc., Senior Unsecured Notes, 6.125% due 12/15/33 | 331061 |
|  |  | Rio Tinto Finance USA PLC, Company Guaranteed Notes: |  |
|  | 95000 | &nbsp;&nbsp;5.000% due 3/14/32 | 98216 |
|  | 88000 | &nbsp;&nbsp;5.750% due 3/14/55 | 91111 |
|  | 160000 | &nbsp;&nbsp;5.875% due 3/14/65 | 167132 |
|  | 90000 | Solstice Advanced Materials Inc., Senior Unsecured Notes, 5.625% due 9/30/33<sup>(b)</sup> | 90492 |
|  | 89000 | Suzano Netherlands BV, Company Guaranteed Notes, 5.500% due 1/15/36 | 88444 |
|  | 15000 | Tronox Inc., Senior Secured Notes, 9.125% due 9/30/30<sup>(b)</sup> | 14143 |
|  | 83000 | Vale Overseas Ltd., Company Guaranteed Notes, 6.400% due 6/28/54 | 85573 |
|  | 40000 | Volcan Compania Minera SAA, Senior Secured Notes, 8.500% due 10/28/32<sup>(b)</sup> | 40650 |
|  |  | Westlake Corp., Senior Unsecured Notes: |  |
|  | 130000 | &nbsp;&nbsp;5.550% due 11/15/35 | 130825 |
|  | 55000 | &nbsp;&nbsp;6.375% due 11/15/55 | 54913 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Basic Materials - (continued)** | **Basic Materials - (continued)** | **Basic Materials - (continued)** |  |
| $| 55000 | WR Grace Holdings LLC, Senior Unsecured Notes, 5.625% due 8/15/29<sup>(b)</sup> | $51776 |
|  |  | Total Basic Materials | 4770562 |
| **Communications - 1.9%** | **Communications - 1.9%** | **Communications - 1.9%** |  |
|  |  | Alphabet Inc., Senior Unsecured Notes: |  |
|  | 670000 | &nbsp;&nbsp;5.350% due 11/15/45 | 685092 |
|  | 560000 | &nbsp;&nbsp;5.300% due 5/15/65 | 550621 |
|  | 360000 | &nbsp;&nbsp;5.700% due 11/15/75 | 370254 |
|  | 55000 | Altice France SA, Senior Secured Notes, 6.875% due 7/15/32<sup>(b)</sup> | 53609 |
|  | 72000 | AppLovin Corp., Senior Unsecured Notes, 5.375% due 12/1/31 | 74907 |
|  |  | AT&T Inc., Senior Unsecured Notes: |  |
|  | 660000 | &nbsp;&nbsp;1.650% due 2/1/28 | 627658 |
|  | 1986000 | &nbsp;&nbsp;2.250% due 2/1/32 | 1751516 |
|  | 3495000 | &nbsp;&nbsp;2.550% due 12/1/33 | 2998678 |
|  | 308000 | &nbsp;&nbsp;6.050% due 8/15/56 | 317624 |
|  | 90000 | Bell Telephone Co. of Canada or Bell Canada, Company Guaranteed Notes, 6.875% (5-Year CMT Index + 2.390%) due 9/15/55<sup>(c)</sup> | 93416 |
|  |  | CCO Holdings LLC/CCO Holdings Capital Corp., Senior Unsecured Notes: |  |
|  | 115000 | &nbsp;&nbsp;5.125% due 5/1/27<sup>(b)</sup> | 114838 |
|  | 140000 | &nbsp;&nbsp;4.750% due 3/1/30<sup>(b)</sup> | 133347 |
|  | 95000 | &nbsp;&nbsp;4.750% due 2/1/32<sup>(b)</sup> | 87289 |
|  |  | Charter Communications Operating LLC/Charter Communications Operating Capital, Senior Secured Notes: |  |
|  | 105000 | &nbsp;&nbsp;6.650% due 2/1/34 | 111116 |
|  | 285000 | &nbsp;&nbsp;6.550% due 6/1/34 | 300572 |
|  | 4640000 | &nbsp;&nbsp;6.384% due 10/23/35 | 4794274 |
|  | 230000 | &nbsp;&nbsp;5.850% due 12/1/35 | 230523 |
|  | 126000 | &nbsp;&nbsp;3.500% due 3/1/42 | 88434 |
|  | 140000 | &nbsp;&nbsp;5.750% due 4/1/48 | 122683 |
|  | 165000 | &nbsp;&nbsp;5.125% due 7/1/49 | 132459 |
|  | 310000 | &nbsp;&nbsp;4.800% due 3/1/50 | 238213 |
|  | 80000 | &nbsp;&nbsp;4.400% due 12/1/61 | 53445 |
|  | 75000 | Cipher Compute LLC, Senior Secured Notes, 7.125% due 11/15/30<sup>(b)</sup> | 76196 |
|  | 35000 | Clear Channel Outdoor Holdings Inc., Company Guaranteed Notes, 7.500% due 6/1/29<sup>(b)</sup> | 34620 |
|  | 65000 | Clear Channel Outdoor Holdings Inc., Senior Secured Notes, 7.125% due 2/15/31<sup>(b)</sup> | 67653 |
|  |  | Comcast Corp., Company Guaranteed Notes: |  |
|  | 585000 | &nbsp;&nbsp;3.750% due 4/1/40 | 488983 |
|  | 375000 | &nbsp;&nbsp;2.887% due 11/1/51 | 226889 |
|  |  | CommScope LLC, Senior Secured Notes: |  |
|  | 27000 | &nbsp;&nbsp;4.750% due 9/1/29<sup>(b)</sup> | 26953 |
|  | 10000 | &nbsp;&nbsp;9.500% due 12/15/31<sup>(b)</sup> | 10145 |
|  | 45000 | CommScope Technologies LLC, Company Guaranteed Notes, 5.000% due 3/15/27<sup>(b)</sup> | 44942 |
|  |  | Cox Communications Inc., Company Guaranteed Notes: |  |
|  | 80000 | &nbsp;&nbsp;5.450% due 9/1/34<sup>(b)</sup> | 78989 |
|  | 295000 | &nbsp;&nbsp;5.950% due 9/1/54<sup>(b)</sup> | 262667 |
|  | 235000 | Cox Communications Inc., Senior Unsecured Notes, 2.600% due 6/15/31<sup>(b)</sup> | 209339 |
|  | 109449 | Digicel Group Holdings Ltd., Senior Secured Notes, zero coupon, due 12/31/30<sup>(b)</sup> | 1839 |
|  | 55000 | Directv Financing LLC, Senior Secured Notes, 8.875% due 2/1/30<sup>(b)</sup> | 54403 |
|  | 39000 | Directv Financing LLC/Directv Financing Co.-Obligor Inc., Senior Secured Notes, 5.875% due 8/15/27<sup>(b)</sup> | 39012 |
|  | 60000 | DISH DBS Corp., Company Guaranteed Notes, 5.125% due 6/1/29 | 50782 |
|  | 95000 | DISH DBS Corp., Senior Secured Notes, 5.750% due 12/1/28<sup>(b)</sup> | 91802 |
|  | 85000 | EchoStar Corp., Senior Secured Notes, 10.750% due 11/30/29 | 93713 |
|  | 20000 | Embarq LLC, Senior Unsecured Notes, 7.995% due 6/1/36 | 7906 |
|  | 333000 | Expedia Group Inc., Company Guaranteed Notes, 3.800% due 2/15/28 | 330780 |
|  | 20000 | Getty Images Inc., Senior Secured Notes, 10.500% due 11/15/30<sup>(b)</sup> | 20435 |
|  | 45000 | Gray Media Inc., Secured Notes, 9.625% due 7/15/32<sup>(b)</sup> | 46638 |
|  | 45000 | Gray Media Inc., Senior Secured Notes, 7.250% due 8/15/33<sup>(b)</sup> | 45078 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Communications - (continued)** | **Communications - (continued)** |  |
| $20000 | iHeartCommunications Inc., Senior Secured Notes, 9.125% due 5/1/29<sup>(b)</sup> | $18506 |
| 200000 | ION Platform Finance US Inc./ION Platform Finance SARL, Senior Secured Notes, 5.000% due 5/1/28<sup>(b)(d)</sup> | 186352 |
| 90000 | Lamar Media Corp., Company Guaranteed Notes, 5.375% due 11/1/33<sup>(b)</sup> | 90098 |
| 40000 | Level 3 Financing Inc., Company Guaranteed Notes, 3.750% due 7/15/29<sup>(b)</sup> | 35341 |
| 65000 | Level 3 Financing Inc., Secured Notes, 4.500% due 4/1/30<sup>(b)</sup> | 59881 |
| 90000 | Level 3 Financing Inc., Senior Secured Notes, 6.875% due 6/30/33<sup>(b)</sup> | 91655 |
| 150000 | Match Group Holdings II LLC, Senior Unsecured Notes, 5.000% due 12/15/27<sup>(b)</sup> | 149776 |
|  | McGraw-Hill Education Inc., Senior Secured Notes: |  |
| 60000 | &nbsp;&nbsp;5.750% due 8/1/28<sup>(b)</sup> | 60049 |
| 50000 | &nbsp;&nbsp;7.375% due 9/1/31<sup>(b)</sup> | 51846 |
|  | Meta Platforms Inc., Senior Unsecured Notes: |  |
| 570000 | &nbsp;&nbsp;5.500% due 11/15/45 | 570186 |
| 257000 | &nbsp;&nbsp;5.600% due 5/15/53 | 256005 |
| 335000 | &nbsp;&nbsp;5.550% due 8/15/64 | 324063 |
| 405000 | &nbsp;&nbsp;5.750% due 11/15/65 | 403282 |
| 180000 | Millicom International Cellular SA, Senior Unsecured Notes, 6.250% due 3/25/29 | 180541 |
| 126000 | Motorola Solutions Inc., Senior Unsecured Notes, 5.200% due 8/15/32 | 130163 |
| 65000 | Neptune Bidco US Inc., Senior Secured Notes, 10.375% due 5/15/31<sup>(b)</sup> | 65717 |
|  | Netflix Inc., Senior Unsecured Notes: |  |
| 117000 | &nbsp;&nbsp;5.375% due 11/15/29<sup>(b)</sup> | 122623 |
| 98000 | &nbsp;&nbsp;5.400% due 8/15/54 | 97489 |
|  | NTT Finance Corp., Senior Unsecured Notes: |  |
| 200000 | &nbsp;&nbsp;4.876% due 7/16/30<sup>(b)</sup> | 204323 |
| 1080000 | &nbsp;&nbsp;5.171% due 7/16/32<sup>(b)</sup> | 1113697 |
| 55000 | Outfront Media Capital LLC/Outfront Media Capital Corp., Senior Secured Notes, 7.375% due 2/15/31<sup>(b)</sup> | 58287 |
|  | Paramount Global, Company Guaranteed Notes: |  |
| 85000 | &nbsp;&nbsp;4.950% due 1/15/31 | 83872 |
| 10000 | &nbsp;&nbsp;4.200% due 5/19/32 | 9313 |
| 340000 | &nbsp;&nbsp;4.375% due 3/15/43 | 255858 |
| 265000 | &nbsp;&nbsp;5.850% due 9/1/43 | 238370 |
| 20000 | Radiate Holdco LLC/Radiate Finance Inc., Senior Secured Notes, 4.500% due 9/15/26<sup>(b)</sup> | 18050 |
| 125000 | Sirius XM Radio LLC, Company Guaranteed Notes, 5.500% due 7/1/29<sup>(b)</sup> | 125643 |
| 151000 | TELUS Corp., Junior Subordinated Notes, 7.000% (5-Year CMT Index + 2.709%) due 10/15/55<sup>(c)</sup> | 157626 |
|  | T-Mobile USA Inc., Company Guaranteed Notes: |  |
| 295000 | &nbsp;&nbsp;3.875% due 4/15/30 | 290586 |
| 580000 | &nbsp;&nbsp;2.550% due 2/15/31 | 531378 |
| 2001000 | &nbsp;&nbsp;2.875% due 2/15/31 | 1863723 |
| 35000 | &nbsp;&nbsp;5.125% due 5/15/32 | 36233 |
| 90000 | &nbsp;&nbsp;5.050% due 7/15/33 | 92404 |
| 20000 | &nbsp;&nbsp;5.750% due 1/15/34 | 21336 |
| 235000 | &nbsp;&nbsp;4.700% due 1/15/35 | 233109 |
| 381000 | &nbsp;&nbsp;5.500% due 1/15/55 | 368261 |
|  | Uber Technologies Inc., Senior Unsecured Notes: |  |
| 294000 | &nbsp;&nbsp;4.800% due 9/15/34 | 295646 |
| 640000 | &nbsp;&nbsp;4.800% due 9/15/35 | 639710 |
| 90000 | Univision Communications Inc., Senior Secured Notes, 8.500% due 7/31/31<sup>(b)</sup> | 93105 |
| 187000 | VeriSign Inc., Senior Unsecured Notes, 5.250% due 6/1/32 | 192251 |
|  | Verizon Communications Inc., Senior Unsecured Notes: |  |
| 3376000 | &nbsp;&nbsp;1.750% due 1/20/31 | 2978084 |
| 190000 | &nbsp;&nbsp;5.750% due 11/30/45 | 191645 |
| 130000 | &nbsp;&nbsp;5.875% due 11/30/55 | 131209 |
| 150000 | Videotron Ltd., Company Guaranteed Notes, 5.700% due 1/15/35<sup>(b)</sup> | 154508 |
|  | Wayfair LLC, Senior Secured Notes: |  |
| 50000 | &nbsp;&nbsp;7.250% due 10/31/29<sup>(b)</sup> | 52012 |
| 60000 | &nbsp;&nbsp;6.750% due 11/15/32<sup>(b)</sup> | 61221 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Communications - (continued)** | **Communications - (continued)** | **Communications - (continued)** |  |
| $| 40000 | Windstream Services LLC, Senior Secured Notes, 7.500% due 10/15/33<sup>(b)</sup> | $40707 |
|  | 65000 | Windstream Services LLC/Windstream Escrow Finance Corp., Senior Secured Notes, 8.250% due 10/1/31<sup>(b)</sup> | 67486 |
|  | 40000 | WULF Compute LLC, Senior Secured Notes, 7.750% due 10/15/30<sup>(b)</sup> | 41357 |
|  |  | Total Communications | 29774915 |
| **Consumer Cyclical - 0.4%** | **Consumer Cyclical - 0.4%** | **Consumer Cyclical - 0.4%** |  |
|  | 90000 | Academy Ltd., Senior Secured Notes, 6.000% due 11/15/27<sup>(b)</sup> | 90067 |
|  | 95000 | Acushnet Co., Company Guaranteed Notes, 5.625% due 12/1/33<sup>(b)</sup> | 95738 |
|  | 25000 | Advance Auto Parts Inc., Company Guaranteed Notes, 7.375% due 8/1/33<sup>(b)</sup> | 25468 |
|  | 30000 | AMC Entertainment Holdings Inc., Senior Secured Notes, 7.500% due 2/15/29<sup>(b)</sup> | 26958 |
|  | 60000 | American Airlines Inc., Senior Secured Notes, 8.500% due 5/15/29<sup>(b)</sup> | 62679 |
|  |  | American Axle & Manufacturing Inc., Company Guaranteed Notes: |  |
|  | 60000 | &nbsp;&nbsp;5.000% due 10/1/29 | 57505 |
|  | 35000 | &nbsp;&nbsp;7.750% due 10/15/33<sup>(b)</sup> | 35348 |
|  | 40000 | American Axle & Manufacturing Inc., Senior Secured Notes, 6.375% due 10/15/32<sup>(b)</sup> | 40245 |
|  | 60000 | Ashton Woods USA LLC/Ashton Woods Finance Co., Senior Unsecured Notes, 4.625% due 4/1/30<sup>(b)</sup> | 56801 |
|  |  | AutoZone Inc., Senior Unsecured Notes: |  |
|  | 150000 | &nbsp;&nbsp;5.125% due 6/15/30 | 155263 |
|  | 100000 | &nbsp;&nbsp;6.550% due 11/1/33 | 111863 |
|  | 40000 | &nbsp;&nbsp;5.400% due 7/15/34 | 41668 |
|  | 85000 | Caesars Entertainment Inc., Company Guaranteed Notes, 6.000% due 10/15/32<sup>(b)</sup> | 81093 |
|  |  | Carnival Corp., Company Guaranteed Notes: |  |
|  | 53000 | &nbsp;&nbsp;5.125% due 5/1/29<sup>(b)</sup> | 53443 |
|  | 45000 | &nbsp;&nbsp;5.750% due 8/1/32<sup>(b)</sup> | 46130 |
|  | 54000 | &nbsp;&nbsp;6.125% due 2/15/33<sup>(b)</sup> | 55625 |
|  | 100000 | Clarios Global LP/Clarios US Finance Co., Company Guaranteed Notes, 6.750% due 9/15/32<sup>(b)</sup> | 102858 |
|  |  | Clarios Global LP/Clarios US Finance Co., Senior Secured Notes: |  |
|  | 140000 | &nbsp;&nbsp;6.750% due 5/15/28<sup>(b)</sup> | 143613 |
|  | 90000 | &nbsp;&nbsp;6.750% due 2/15/30<sup>(b)</sup> | 93553 |
|  | 50000 | Cougar JV Subsidiary LLC, Senior Unsecured Notes, 8.000% due 5/15/32<sup>(b)</sup> | 53402 |
|  | 45000 | Dana Inc., Senior Unsecured Notes, 5.375% due 11/15/27 | 45089 |
|  | 55000 | Dealer Tire LLC/DT Issuer LLC, Senior Unsecured Notes, 8.000% due 2/1/28<sup>(b)</sup> | 54478 |
|  | 45000 | Dornoch Debt Merger Sub Inc., Senior Unsecured Notes, 6.625% due 10/15/29<sup>(b)</sup> | 37884 |
|  | 40000 | Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc., Company Guaranteed Notes, 6.750% due 1/15/30<sup>(b)</sup> | 37306 |
|  | 40000 | Full House Resorts Inc., Senior Secured Notes, 8.250% due 2/15/28<sup>(b)</sup> | 34600 |
|  | 70000 | Gates Corp., Company Guaranteed Notes, 6.875% due 7/1/29<sup>(b)</sup> | 72948 |
|  | 110000 | Genuine Parts Co., Senior Unsecured Notes, 4.950% due 8/15/29 | 111692 |
|  | 55000 | Goodyear Tire & Rubber Co., Company Guaranteed Notes, 5.250% due 7/15/31 | 51964 |
|  | 70000 | Group 1 Automotive Inc., Company Guaranteed Notes, 6.375% due 1/15/30<sup>(b)</sup> | 71910 |
|  | 251000 | Hyundai Capital America, Senior Unsecured Notes, 5.300% due 1/8/29<sup>(b)</sup> | 257681 |
|  | 200000 | InRetail Consumer, Senior Secured Notes, 3.250% due 3/22/28 | 194295 |
|  | 80000 | Installed Building Products Inc., Company Guaranteed Notes, 5.750% due 2/1/28<sup>(b)</sup> | 80115 |
|  | 30000 | JetBlue Airways Corp./JetBlue Loyalty LP, Senior Secured Notes, 9.875% due 9/20/31<sup>(b)</sup> | 29632 |
|  | 40000 | K Hovnanian Enterprises Inc., Company Guaranteed Notes, 8.000% due 4/1/31<sup>(b)</sup> | 41162 |
|  | 20000 | LBM Acquisition LLC, Company Guaranteed Notes, 6.250% due 1/15/29<sup>(b)</sup> | 17890 |
|  | 30000 | LBM Acquisition LLC, Senior Secured Notes, 9.500% due 6/15/31<sup>(b)</sup> | 30922 |
|  | 105000 | Life Time Inc., Senior Secured Notes, 6.000% due 11/15/31<sup>(b)</sup> | 107077 |
|  |  | Light & Wonder International Inc., Company Guaranteed Notes: |  |
|  | 65000 | &nbsp;&nbsp;7.250% due 11/15/29<sup>(b)</sup> | 66758 |
|  | 60000 | &nbsp;&nbsp;6.250% due 10/1/33<sup>(b)</sup> | 60369 |
|  | 60000 | Lindblad Expeditions LLC, Senior Secured Notes, 7.000% due 9/15/30<sup>(b)</sup> | 61535 |
|  | 77000 | Lowe's Cos., Inc., Senior Unsecured Notes, 5.625% due 4/15/53 | 76179 |
|  |  | Marriott International Inc., Senior Unsecured Notes: |  |
|  | 155000 | &nbsp;&nbsp;4.500% due 10/15/31 | 155815 |
|  | 282000 | &nbsp;&nbsp;5.350% due 3/15/35 | 291934 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Consumer Cyclical - (continued)** | **Consumer Cyclical - (continued)** |  |
| $80000 | Mattamy Group Corp., Senior Unsecured Notes, 4.625% due 3/1/30<sup>(b)</sup> | $77613 |
| 62000 | Mattel Inc., Senior Unsecured Notes, 5.000% due 11/17/30 | 62557 |
|  | McDonald's Corp., Senior Unsecured Notes: |  |
| 350000 | &nbsp;&nbsp;5.000% due 2/13/36 | 355511 |
| 250000 | &nbsp;&nbsp;3.625% due 9/1/49 | 187465 |
| 148000 | &nbsp;&nbsp;5.450% due 8/14/53 | 146697 |
| 45000 | Michaels Cos., Inc., Senior Secured Notes, 5.250% due 5/1/28<sup>(b)</sup> | 42402 |
| 100000 | Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., Senior Secured Notes, 4.875% due 5/1/29<sup>(b)</sup> | 97665 |
|  | NCL Corp., Ltd, Senior Unsecured Notes: |  |
| 30000 | &nbsp;&nbsp;5.875% due 1/15/31<sup>(b)</sup> | 29605 |
| 30000 | &nbsp;&nbsp;6.250% due 9/15/33<sup>(b)</sup> | 29641 |
| 55000 | Newell Brands Inc., Senior Unsecured Notes, 6.375% due 5/15/30 | 52854 |
| 45000 | Nissan Motor Acceptance Co. LLC, Senior Unsecured Notes, 5.625% due 9/29/28<sup>(b)</sup> | 44886 |
| 130000 | Ontario Gaming GTA LP/OTG Co.-Issuer Inc., Senior Secured Notes, 8.000% due 8/1/30<sup>(b)</sup> | 127497 |
|  | O'Reilly Automotive Inc., Senior Unsecured Notes: |  |
| 68000 | &nbsp;&nbsp;5.750% due 11/20/26 | 69049 |
| 89000 | &nbsp;&nbsp;4.700% due 6/15/32 | 90038 |
| 177000 | &nbsp;&nbsp;5.000% due 8/19/34 | 179385 |
| 55000 | Penn Entertainment Inc., Senior Unsecured Notes, 4.125% due 7/1/29<sup>(b)</sup> | 50872 |
| 30000 | Premier Entertainment Sub LLC/Premier Entertainment Finance Corp., Company Guaranteed Notes, 5.625% due 9/1/29<sup>(b)</sup> | 15953 |
| 40000 | Qnity Electronics Inc., Company Guaranteed Notes, 6.250% due 8/15/33<sup>(b)</sup> | 41453 |
| 35000 | QXO Building Products Inc., Senior Secured Notes, 6.750% due 4/30/32<sup>(b)</sup> | 36551 |
| 145000 | Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp., Senior Secured Notes, 6.625% due 2/1/33<sup>(b)</sup> | 146920 |
| 50000 | Rivers Enterprise Lender LLC/Rivers Enterprise Lender Corp., Senior Secured Notes, 6.250% due 10/15/30<sup>(b)</sup> | 50761 |
|  | Royal Caribbean Cruises Ltd., Senior Unsecured Notes: |  |
| 77000 | &nbsp;&nbsp;5.375% due 7/15/27<sup>(b)</sup> | 77594 |
| 66000 | &nbsp;&nbsp;5.375% due 1/15/36 | 66719 |
|  | Sabre GLBL Inc., Senior Secured Notes: |  |
| 12000 | &nbsp;&nbsp;8.625% due 6/1/27<sup>(b)</sup> | 12142 |
| 37000 | &nbsp;&nbsp;10.750% due 11/15/29<sup>(b)</sup> | 32561 |
| 15000 | Six Flags Entertainment Corp., Company Guaranteed Notes, 7.250% due 5/15/31<sup>(b)</sup> | 14303 |
| 60000 | Staples Inc., Senior Secured Notes, 10.750% due 9/1/29<sup>(b)</sup> | 58970 |
| 20000 | Starz Capital Holdings LLC, Company Guaranteed Notes, 5.500% due 4/15/29<sup>(b)</sup> | 15382 |
| 55000 | Station Casinos LLC, Company Guaranteed Notes, 6.625% due 3/15/32<sup>(b)</sup> | 56327 |
| 65000 | Suburban Propane Partners LP/Suburban Energy Finance Corp., Senior Unsecured Notes, 5.000% due 6/1/31<sup>(b)</sup> | 62391 |
| 20000 | SWF Holdings I Corp., Senior Unsecured Notes, 6.500% due 10/1/29<sup>(b)</sup> | 7000 |
|  | Tapestry Inc., Senior Unsecured Notes: |  |
| 150000 | &nbsp;&nbsp;5.100% due 3/11/30 | 153978 |
| 110000 | &nbsp;&nbsp;5.500% due 3/11/35 | 112765 |
| 100000 | Taylor Morrison Communities Inc., Company Guaranteed Notes, 5.750% due 11/15/32<sup>(b)</sup> | 103072 |
| 45000 | Vail Resorts Inc., Company Guaranteed Notes, 6.500% due 5/15/32<sup>(b)</sup> | 46778 |
| 125000 | Victra Holdings LLC/Victra Finance Corp., Senior Secured Notes, 8.750% due 9/15/29<sup>(b)</sup> | 132351 |
| 180000 | Viking Cruises Ltd., Senior Unsecured Notes, 5.875% due 10/15/33<sup>(b)</sup> | 182918 |
| 50000 | Voyager Parent LLC, Senior Secured Notes, 9.250% due 7/1/32<sup>(b)</sup> | 52983 |
|  | Warnermedia Holdings Inc., Company Guaranteed Notes: |  |
| 75000 | &nbsp;&nbsp;4.054% due 3/15/29 | 72749 |
| 35000 | &nbsp;&nbsp;4.279% due 3/15/32 | 31981 |
| 55000 | &nbsp;&nbsp;5.050% due 3/15/42 | 43993 |
| 45000 | Whirlpool Corp., Senior Unsecured Notes, 6.500% due 6/15/33 | 44718 |
| 155000 | Wyndham Hotels & Resorts Inc., Company Guaranteed Notes, 4.375% due 8/15/28<sup>(b)</sup> | 152545 |
|  | Total Consumer Cyclical | 6888150 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Consumer Non-cyclical - 1.9%** | **Consumer Non-cyclical - 1.9%** |  |
| $200000 | 1261229 BC Ltd., Senior Secured Notes, 10.000% due 4/15/32<sup>(b)</sup> | $206763 |
| 154000 | AbbVie Inc., Senior Unsecured Notes, 5.500% due 3/15/64 | 153495 |
| 229500 | Adani International Container Terminal Pvt Ltd., Senior Secured Notes, 3.000% due 2/16/31<sup>(b)</sup> | 209954 |
| 200000 | Adani Ports & Special Economic Zone Ltd., Senior Unsecured Notes, 3.100% due 2/2/31 | 176691 |
| 35000 | AdaptHealth LLC, Company Guaranteed Notes, 5.125% due 3/1/30<sup>(b)</sup> | 33987 |
| 159000 | Agilent Technologies Inc., Senior Unsecured Notes, 4.750% due 9/9/34 | 159739 |
| 140000 | Allied Universal Holdco LLC, Senior Secured Notes, 7.875% due 2/15/31<sup>(b)</sup> | 147400 |
| 221000 | Amgen Inc., Senior Unsecured Notes, 5.750% due 3/2/63 | 221415 |
| 490000 | Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide Inc., Company Guaranteed Notes, 4.900% due 2/1/46 | 461493 |
| 179000 | Bacardi Ltd./Bacardi-Martini BV, Senior Unsecured Notes, 5.400% due 6/15/33<sup>(b)</sup> | 181692 |
| 155000 | Bacardi-Martini BV, Senior Unsecured Notes, 6.000% due 2/1/35<sup>(b)</sup> | 161979 |
|  | BAT Capital Corp., Company Guaranteed Notes: |  |
| 160000 | &nbsp;&nbsp;5.834% due 2/20/31 | 170041 |
| 443000 | &nbsp;&nbsp;5.625% due 8/15/35 | 464487 |
| 176000 | &nbsp;&nbsp;4.540% due 8/15/47 | 148484 |
| 170000 | Bausch + Lomb Corp., Senior Secured Notes, 8.375% due 10/1/28<sup>(b)</sup> | 177225 |
| 20000 | Bausch Health Americas Inc., Company Guaranteed Notes, 8.500% due 1/31/27<sup>(b)</sup> | 19915 |
| 35000 | Bausch Health Cos., Inc., Company Guaranteed Notes, 5.250% due 1/30/30<sup>(b)</sup> | 25725 |
| 60000 | Bausch Health Cos., Inc., Senior Secured Notes, 4.875% due 6/1/28<sup>(b)</sup> | 54300 |
| 302000 | Biogen Inc., Senior Unsecured Notes, 5.050% due 1/15/31 | 312508 |
| 331000 | Block Financial LLC, Company Guaranteed Notes, 5.375% due 9/15/32 | 335545 |
| 176000 | Bunge Ltd. Finance Corp., Company Guaranteed Notes, 4.650% due 9/17/34 | 174157 |
| 70000 | Campbell's Co., Senior Unsecured Notes, 5.400% due 3/21/34 | 72132 |
|  | Cardinal Health Inc., Senior Unsecured Notes: |  |
| 445000 | &nbsp;&nbsp;5.000% due 11/15/29 | 457907 |
| 645000 | &nbsp;&nbsp;4.500% due 9/15/30 | 651668 |
| 328000 | &nbsp;&nbsp;4.900% due 9/15/45 | 300212 |
| 300000 | Cencosud SA, Company Guaranteed Notes, 4.375% due 7/17/27 | 300010 |
|  | Centene Corp., Senior Unsecured Notes: |  |
| 105000 | &nbsp;&nbsp;2.500% due 3/1/31 | 90525 |
| 305000 | &nbsp;&nbsp;2.625% due 8/1/31 | 261343 |
| 35000 | CHS/Community Health Systems Inc., Secured Notes, 6.875% due 4/15/29<sup>(b)</sup> | 31588 |
|  | CHS/Community Health Systems Inc., Senior Secured Notes: |  |
| 70000 | &nbsp;&nbsp;6.000% due 1/15/29<sup>(b)</sup> | 69994 |
| 45000 | &nbsp;&nbsp;4.750% due 2/15/31<sup>(b)</sup> | 40259 |
| 310000 | Cigna Group, Senior Unsecured Notes, 4.875% due 9/15/32 | 315360 |
| 55000 | Clarivate Science Holdings Corp., Company Guaranteed Notes, 4.875% due 7/1/29<sup>(b)</sup> | 51981 |
|  | CVS Health Corp., Senior Unsecured Notes: |  |
| 135000 | &nbsp;&nbsp;3.250% due 8/15/29 | 130384 |
| 30000 | &nbsp;&nbsp;3.750% due 4/1/30 | 29298 |
| 60000 | &nbsp;&nbsp;1.750% due 8/21/30 | 53355 |
| 165000 | &nbsp;&nbsp;1.875% due 2/28/31 | 145117 |
| 220000 | &nbsp;&nbsp;2.125% due 9/15/31 | 193496 |
| 255000 | &nbsp;&nbsp;5.450% due 9/15/35 | 263213 |
| 60000 | Dcli Bidco LLC, 2nd Mortgage Notes, 7.750% due 11/15/29<sup>(b)</sup> | 58994 |
|  | Element Fleet Management Corp., Senior Unsecured Notes: |  |
| 154000 | &nbsp;&nbsp;5.037% due 3/25/30<sup>(b)</sup> | 157792 |
| 445000 | &nbsp;&nbsp;4.641% due 11/24/30<sup>(b)</sup> | 447304 |
| 288000 | Elevance Health Inc., Senior Unsecured Notes, 5.125% due 2/15/53 | 263906 |
|  | Eli Lilly & Co., Senior Unsecured Notes: |  |
| 645000 | &nbsp;&nbsp;4.550% due 10/15/32 | 657639 |
| 145000 | &nbsp;&nbsp;5.500% due 2/12/55 | 148927 |
| 160900 | Fideicomiso PA Pacifico Tres, Senior Secured Notes, 8.250% due 1/15/35 | 169267 |
| 148000 | Flowers Foods Inc., Senior Unsecured Notes, 5.750% due 3/15/35 | 149509 |
| 80000 | Garda World Security Corp., Senior Secured Notes, 6.500% due 1/15/31<sup>(b)</sup> | 82134 |
| 90000 | Garda World Security Corp., Senior Unsecured Notes, 8.250% due 8/1/32<sup>(b)</sup> | 92000 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Consumer Non-cyclical - (continued)** | **Consumer Non-cyclical - (continued)** |  |
|  | GE HealthCare Technologies Inc., Senior Unsecured Notes: |  |
| $152000 | &nbsp;&nbsp;4.800% due 1/15/31 | $155079 |
| 225000 | &nbsp;&nbsp;5.905% due 11/22/32 | 243079 |
| 220000 | &nbsp;&nbsp;5.500% due 6/15/35 | 229758 |
| 76000 | Global Payments Inc., Senior Unsecured Notes, 5.550% due 11/15/35 | 75938 |
| 145000 | Graham Holdings Co., Company Guaranteed Notes, 5.625% due 12/1/33<sup>(b)</sup> | 145170 |
| 50000 | Herc Holdings Inc., Company Guaranteed Notes, 7.000% due 6/15/30<sup>(b)</sup> | 52487 |
|  | Humana Inc., Senior Unsecured Notes: |  |
| 410000 | &nbsp;&nbsp;5.375% due 4/15/31 | 424189 |
| 270000 | &nbsp;&nbsp;5.550% due 5/1/35 | 277105 |
| 126000 | Illumina Inc., Senior Unsecured Notes, 4.750% due 12/12/30 | 126677 |
| 60000 | IQVIA Inc., Company Guaranteed Notes, 6.250% due 6/1/32<sup>(b)</sup> | 62758 |
| 94000 | IQVIA Inc., Senior Secured Notes, 6.250% due 2/1/29 | 99094 |
|  | JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL, Company Guaranteed Notes: |  |
| 233000 | &nbsp;&nbsp;3.750% due 12/1/31 | 221391 |
| 190000 | &nbsp;&nbsp;5.750% due 4/1/33 | 199119 |
| 305000 | &nbsp;&nbsp;6.750% due 3/15/34 | 338519 |
| 115000 | &nbsp;&nbsp;7.250% due 11/15/53 | 130917 |
|  | JBS USA Holding Lux SARL/JBS USA Foods Group Holdings Inc./JBS USA Food Co., Company Guaranteed Notes: |  |
| 405000 | &nbsp;&nbsp;5.500% due 1/15/36<sup>(b)</sup> | 414559 |
| 55000 | &nbsp;&nbsp;6.250% due 3/1/56<sup>(b)</sup> | 55732 |
| 560000 | &nbsp;&nbsp;6.375% due 4/15/66<sup>(b)</sup> | 569837 |
|  | Kenvue Inc., Senior Unsecured Notes: |  |
| 410000 | &nbsp;&nbsp;4.850% due 5/22/32 | 420437 |
| 155000 | &nbsp;&nbsp;5.050% due 3/22/53 | 143974 |
|  | Keurig Dr Pepper Inc., Company Guaranteed Notes: |  |
| 155000 | &nbsp;&nbsp;3.950% due 4/15/29 | 153148 |
| 215000 | &nbsp;&nbsp;4.600% due 5/15/30 | 216009 |
| 471000 | &nbsp;&nbsp;2.250% due 3/15/31 | 419890 |
| 105000 | &nbsp;&nbsp;5.200% due 3/15/31 | 107677 |
| 235000 | &nbsp;&nbsp;4.050% due 4/15/32 | 226412 |
| 259000 | &nbsp;&nbsp;5.300% due 3/15/34 | 264505 |
| 535000 | Kraft Heinz Foods Co., Company Guaranteed Notes, 5.200% due 3/15/32 | 552418 |
| 154000 | Kroger Co., Senior Unsecured Notes, 5.650% due 9/15/64 | 150112 |
|  | Laboratory Corp. of America Holdings, Company Guaranteed Notes: |  |
| 230000 | &nbsp;&nbsp;4.550% due 4/1/32 | 230496 |
| 307000 | &nbsp;&nbsp;4.800% due 10/1/34 | 305855 |
| 45000 | LifePoint Health Inc., Senior Unsecured Notes, 10.000% due 6/1/32<sup>(b)</sup> | 47564 |
|  | Mars Inc., Senior Unsecured Notes: |  |
| 205000 | &nbsp;&nbsp;4.600% due 3/1/28<sup>(b)</sup> | 207644 |
| 825000 | &nbsp;&nbsp;5.000% due 3/1/32<sup>(b)</sup> | 852610 |
| 2700000 | &nbsp;&nbsp;5.200% due 3/1/35<sup>(b)</sup> | 2793466 |
| 925000 | &nbsp;&nbsp;5.650% due 5/1/45<sup>(b)</sup> | 946488 |
| 154000 | &nbsp;&nbsp;5.700% due 5/1/55<sup>(b)</sup> | 156979 |
| 105000 | &nbsp;&nbsp;5.800% due 5/1/65<sup>(b)</sup> | 107817 |
| 35000 | Mavis Tire Express Services Topco Corp., Senior Unsecured Notes, 6.500% due 5/15/29<sup>(b)</sup> | 34700 |
| 105000 | Medline Borrower LP, Company Guaranteed Notes, 5.250% due 10/1/29<sup>(b)</sup> | 105245 |
| 191000 | Merck & Co., Inc., Company Guaranteed Notes, 5.700% due 9/15/55 | 197887 |
|  | Philip Morris International Inc., Senior Unsecured Notes: |  |
| 480000 | &nbsp;&nbsp;4.375% due 11/1/27 | 484215 |
| 220000 | &nbsp;&nbsp;5.125% due 2/15/30 | 227986 |
| 310000 | &nbsp;&nbsp;5.125% due 2/13/31 | 322254 |
| 180000 | &nbsp;&nbsp;4.750% due 11/1/31 | 184034 |
| 504000 | &nbsp;&nbsp;5.375% due 2/15/33 | 528280 |
| 140000 | &nbsp;&nbsp;5.250% due 2/13/34 | 145375 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Consumer Non-cyclical - (continued)** | **Consumer Non-cyclical - (continued)** | **Consumer Non-cyclical - (continued)** |  |
| $| 85000 | Post Holdings Inc., Company Guaranteed Notes, 6.375% due 3/1/33<sup>(b)</sup> | $86034 |
|  | 85000 | Primo Water Holdings Inc./Triton Water Holdings Inc., Company Guaranteed Notes, 6.250% due 4/1/29<sup>(b)</sup> | 85498 |
|  | 202630 | Prumo Participacoes e Investimentos S/A, Senior Secured Notes, 7.500% due 12/31/31 | 206893 |
|  | 227000 | Quanta Services Inc., Senior Unsecured Notes, 5.250% due 8/9/34 | 234821 |
|  | 143000 | Quest Diagnostics Inc., Senior Unsecured Notes, 5.000% due 12/15/34 | 145732 |
|  | 30188 | Radiology Partners Inc., Secured Notes, 9.781% due 2/15/30<sup>(b)(e)</sup> | 29207 |
|  | 75000 | Radiology Partners Inc., Senior Secured Notes, 8.500% due 7/15/32<sup>(b)</sup> | 77906 |
|  | 157000 | Rollins Inc., Company Guaranteed Notes, 5.250% due 2/24/35 | 160938 |
|  |  | Royalty Pharma PLC, Company Guaranteed Notes: |  |
|  | 910000 | &nbsp;&nbsp;5.200% due 9/25/35 | 919967 |
|  | 94000 | &nbsp;&nbsp;5.950% due 9/25/55 | 94908 |
|  | 293333 | Rutas 2 & 7 Finance Ltd., Senior Secured Notes, zero coupon, due 9/30/36 | 219094 |
|  | 50000 | Select Medical Corp., Company Guaranteed Notes, 6.250% due 12/1/32<sup>(b)(f)</sup> | 49647 |
|  | 54000 | Solventum Corp., Company Guaranteed Notes, 5.400% due 3/1/29 | 55845 |
|  |  | Tenet Healthcare Corp., Senior Secured Notes: |  |
|  | 120000 | &nbsp;&nbsp;6.125% due 6/15/30 | 122657 |
|  | 15000 | &nbsp;&nbsp;5.500% due 11/15/32<sup>(b)</sup> | 15238 |
|  | 15000 | Tenet Healthcare Corp., Senior Unsecured Notes, 6.000% due 11/15/33<sup>(b)</sup> | 15488 |
|  | 810000 | Thermo Fisher Scientific Inc., Senior Unsecured Notes, 4.473% due 10/7/32 | 816144 |
|  | 157000 | Triton Container International Ltd./TAL International Container Corp., Company Guaranteed Notes, 3.250% due 3/15/32 | 141795 |
|  | 295000 | United Natural Foods Inc., Company Guaranteed Notes, 6.750% due 10/15/28<sup>(b)</sup> | 295185 |
|  | 30000 | United Rentals North America Inc., Senior Unsecured Notes, 5.375% due 11/15/33<sup>(b)</sup> | 30069 |
|  |  | UnitedHealth Group Inc., Senior Unsecured Notes: |  |
|  | 35000 | &nbsp;&nbsp;5.300% due 2/15/30 | 36585 |
|  | 145000 | &nbsp;&nbsp;5.300% due 6/15/35 | 151106 |
|  | 135000 | &nbsp;&nbsp;3.500% due 8/15/39 | 113994 |
|  | 80000 | &nbsp;&nbsp;2.750% due 5/15/40 | 60724 |
|  | 50000 | &nbsp;&nbsp;3.700% due 8/15/49 | 37879 |
|  | 385000 | &nbsp;&nbsp;5.375% due 4/15/54 | 371914 |
|  | 85000 | &nbsp;&nbsp;4.950% due 5/15/62 | 74944 |
|  | 100000 | &nbsp;&nbsp;6.050% due 2/15/63 | 104628 |
|  | 45000 | &nbsp;&nbsp;5.750% due 7/15/64 | 45110 |
|  | 45000 | Upbound Group Inc., Company Guaranteed Notes, 6.375% due 2/15/29<sup>(b)</sup> | 43941 |
|  | 145000 | US Foods Inc., Company Guaranteed Notes, 5.750% due 4/15/33<sup>(b)</sup> | 147610 |
|  | 148000 | Verisk Analytics Inc., Senior Unsecured Notes, 5.250% due 6/5/34 | 152548 |
|  | 50000 | Veritiv Operating Co., Senior Secured Notes, 10.500% due 11/30/30<sup>(b)</sup> | 53737 |
|  | 111000 | VSP Optical Group Inc., Company Guaranteed Notes, 5.450% due 12/1/35<sup>(b)</sup> | 112692 |
|  | 40000 | VT Topco Inc., Senior Secured Notes, 8.500% due 8/15/30<sup>(b)</sup> | 41656 |
|  | 80000 | Wand NewCo 3 Inc., Senior Secured Notes, 7.625% due 1/30/32<sup>(b)</sup> | 84298 |
|  | 141000 | Zimmer Biomet Holdings Inc., Senior Unsecured Notes, 5.200% due 9/15/34 | 145045 |
|  |  | Zoetis Inc., Senior Unsecured Notes: |  |
|  | 154000 | &nbsp;&nbsp;4.150% due 8/17/28 | 154947 |
|  | 62000 | &nbsp;&nbsp;4.700% due 2/1/43 | 57643 |
|  |  | Total Consumer Non-cyclical | 29831261 |
| **Energy - 2.7%** | **Energy - 2.7%** |  |  |
|  | 164250 | Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash, Senior Secured Notes, 4.625% due 10/15/39 | 139525 |
|  | 105000 | Aethon United BR LP/Aethon United Finance Corp., Senior Unsecured Notes, 7.500% due 10/1/29<sup>(b)</sup> | 109717 |
|  |  | Aker BP ASA, Senior Unsecured Notes: |  |
|  | 150000 | &nbsp;&nbsp;4.000% due 1/15/31<sup>(b)</sup> | 144887 |
|  | 150000 | &nbsp;&nbsp;5.250% due 10/30/35<sup>(b)</sup> | 148118 |
|  | 530000 | &nbsp;&nbsp;5.800% due 10/1/54<sup>(b)</sup> | 490673 |
|  |  | AL Candelaria - spain- SA, Senior Secured Notes: |  |
|  | 162500 | &nbsp;&nbsp;7.500% due 12/15/28 | 164328 |
|  | 250000 | &nbsp;&nbsp;5.750% due 6/15/33<sup>(b)</sup> | 224000 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Energy - (continued)** | **Energy - (continued)** |  |
| $105000 | Archrock Partners LP/Archrock Partners Finance Corp., Company Guaranteed Notes, 6.625% due 9/1/32<sup>(b)</sup> | $108121 |
|  | BP Capital Markets America Inc., Company Guaranteed Notes: |  |
| 2790000 | &nbsp;&nbsp;4.812% due 2/13/33 | 2839008 |
| 2690000 | &nbsp;&nbsp;4.893% due 9/11/33 | 2754356 |
| 200000 | BPRL International Singapore Pte Ltd., Company Guaranteed Notes, 4.375% due 1/18/27 | 199956 |
| 90000 | Buckeye Partners LP, Senior Unsecured Notes, 6.875% due 7/1/29<sup>(b)</sup> | 93749 |
| 262000 | Cheniere Energy Inc., Senior Unsecured Notes, 4.625% due 10/15/28 | 262001 |
|  | Cheniere Energy Partners LP, Company Guaranteed Notes: |  |
| 152000 | &nbsp;&nbsp;4.000% due 3/1/31 | 147664 |
| 485000 | &nbsp;&nbsp;5.550% due 10/30/35<sup>(b)</sup> | 498972 |
|  | Chord Energy Corp., Company Guaranteed Notes: |  |
| 35000 | &nbsp;&nbsp;6.000% due 10/1/30<sup>(b)</sup> | 35290 |
| 60000 | &nbsp;&nbsp;6.750% due 3/15/33<sup>(b)</sup> | 61935 |
| 125000 | CNX Midstream Partners LP, Company Guaranteed Notes, 4.750% due 4/15/30<sup>(b)</sup> | 119891 |
| 70000 | CNX Resources Corp., Company Guaranteed Notes, 6.000% due 1/15/29<sup>(b)</sup> | 70263 |
| 92000 | Colonial Enterprises Inc., Company Guaranteed Notes, 5.627% due 11/15/35<sup>(b)</sup> | 93192 |
|  | Columbia Pipelines Holding Co. LLC, Senior Unsecured Notes: |  |
| 120000 | &nbsp;&nbsp;5.097% due 10/1/31<sup>(b)</sup> | 122358 |
| 160000 | &nbsp;&nbsp;5.681% due 1/15/34<sup>(b)</sup> | 166203 |
| 80000 | Columbia Pipelines Operating Co. LLC, Senior Unsecured Notes, 6.036% due 11/15/33<sup>(b)</sup> | 85908 |
|  | ConocoPhillips Co., Company Guaranteed Notes: |  |
| 371000 | &nbsp;&nbsp;3.800% due 3/15/52 | 278757 |
| 85000 | &nbsp;&nbsp;5.300% due 5/15/53 | 80917 |
| 50000 | &nbsp;&nbsp;5.550% due 3/15/54 | 49092 |
| 245000 | &nbsp;&nbsp;4.025% due 3/15/62 | 182702 |
| 150000 | &nbsp;&nbsp;5.700% due 9/15/63 | 149223 |
| 20000 | &nbsp;&nbsp;5.650% due 1/15/65 | 19713 |
| 300000 | Cosan Overseas Ltd., Company Guaranteed Notes, 8.250%<sup>(g)</sup> | 300750 |
| 349000 | Coterra Energy Inc., Senior Unsecured Notes, 5.600% due 3/15/34 | 361532 |
|  | Diamondback Energy Inc., Company Guaranteed Notes: |  |
| 65000 | &nbsp;&nbsp;6.250% due 3/15/53 | 66727 |
| 45000 | &nbsp;&nbsp;5.750% due 4/18/54 | 43385 |
| 75000 | &nbsp;&nbsp;5.900% due 4/18/64 | 72391 |
|  | DT Midstream Inc., Company Guaranteed Notes: |  |
| 77000 | &nbsp;&nbsp;4.125% due 6/15/29<sup>(b)</sup> | 75595 |
| 260000 | &nbsp;&nbsp;5.800% due 12/15/34<sup>(b)</sup> | 271017 |
| 156000 | Eastern Energy Gas Holdings LLC, Senior Unsecured Notes, 5.650% due 10/15/54 | 153756 |
| 300000 | Ecopetrol SA, Senior Unsecured Notes, 5.875% due 11/2/51 | 218170 |
|  | Energy Transfer LP, Senior Unsecured Notes: |  |
| 100000 | &nbsp;&nbsp;6.400% due 12/1/30 | 108557 |
| 3354000 | &nbsp;&nbsp;4.900% due 3/15/35 | 3289366 |
| 330000 | &nbsp;&nbsp;5.700% due 4/1/35 | 343188 |
| 1683000 | &nbsp;&nbsp;5.950% due 10/1/43 | 1663509 |
| 110000 | &nbsp;&nbsp;5.000% due 5/15/50 | 93536 |
| 365000 | ENI SpA, Senior Unsecured Notes, 5.500% due 5/15/34<sup>(b)</sup> | 378304 |
|  | Enterprise Products Operating LLC, Company Guaranteed Notes: |  |
| 260000 | &nbsp;&nbsp;4.600% due 1/15/31 | 263804 |
| 205000 | &nbsp;&nbsp;5.200% due 1/15/36 | 210343 |
| 70000 | &nbsp;&nbsp;3.300% due 2/15/53 | 47897 |
| 149000 | &nbsp;&nbsp;5.550% due 2/16/55 | 147530 |
|  | EOG Resources Inc., Senior Unsecured Notes: |  |
| 25000 | &nbsp;&nbsp;4.400% due 1/15/31 | 25121 |
| 215000 | &nbsp;&nbsp;5.000% due 7/15/32 | 220756 |
| 275000 | &nbsp;&nbsp;5.350% due 1/15/36 | 285252 |
| 130000 | &nbsp;&nbsp;5.650% due 12/1/54 | 130027 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Energy - (continued)** | **Energy - (continued)** |  |
| $210000 | Equinor ASA, Company Guaranteed Notes, 3.700% due 4/6/50 | $163123 |
|  | Expand Energy Corp., Company Guaranteed Notes: |  |
| 55000 | &nbsp;&nbsp;6.750% due 4/15/29<sup>(b)</sup> | 55400 |
| 77000 | &nbsp;&nbsp;4.750% due 2/1/32 | 76151 |
| 64000 | Florida Gas Transmission Co. LLC, Senior Unsecured Notes, 5.750% due 7/15/35<sup>(b)</sup> | 67012 |
| 94160 | GNL Quintero SA, Senior Unsecured Notes, 4.634% due 7/31/29 | 94273 |
| 105000 | Gulfport Energy Operating Corp., Company Guaranteed Notes, 6.750% due 9/1/29<sup>(b)</sup> | 108391 |
| 92000 | Gulfstream Natural Gas System LLC, Senior Unsecured Notes, 5.600% due 7/23/35<sup>(b)</sup> | 94809 |
| 100000 | Harvest Midstream I LP, Senior Unsecured Notes, 7.500% due 5/15/32<sup>(b)</sup> | 103913 |
| 203000 | Hess Corp., Senior Unsecured Notes, 7.125% due 3/15/33 | 237215 |
| 40000 | Hilcorp Energy I LP/Hilcorp Finance Co., Senior Unsecured Notes, 7.250% due 2/15/35<sup>(b)</sup> | 38051 |
| 69000 | Kinder Morgan Energy Partners LP, Company Guaranteed Notes, 6.950% due 1/15/38 | 78496 |
|  | Kodiak Gas Services LLC, Company Guaranteed Notes: |  |
| 125000 | &nbsp;&nbsp;7.250% due 2/15/29<sup>(b)</sup> | 130327 |
| 25000 | &nbsp;&nbsp;6.500% due 10/1/33<sup>(b)</sup> | 25501 |
| 25000 | &nbsp;&nbsp;6.750% due 10/1/35<sup>(b)</sup> | 25687 |
| 90000 | Matador Resources Co., Company Guaranteed Notes, 6.500% due 4/15/32<sup>(b)</sup> | 91401 |
|  | MPLX LP, Senior Unsecured Notes: |  |
| 535000 | &nbsp;&nbsp;4.800% due 2/15/31 | 541844 |
| 2995000 | &nbsp;&nbsp;5.000% due 1/15/33 | 3022540 |
| 410000 | &nbsp;&nbsp;5.500% due 6/1/34 | 420825 |
| 150000 | &nbsp;&nbsp;5.400% due 9/15/35 | 151795 |
|  | Nabors Industries Inc., Company Guaranteed Notes: |  |
| 50000 | &nbsp;&nbsp;9.125% due 1/31/30<sup>(b)</sup> | 52422 |
| 65000 | &nbsp;&nbsp;7.625% due 11/15/32<sup>(b)</sup> | 63025 |
| 30000 | NGL Energy Operating LLC/NGL Energy Finance Corp., Senior Secured Notes, 8.125% due 2/15/29<sup>(b)</sup> | 30862 |
| 162000 | NGPL PipeCo LLC, Senior Unsecured Notes, 3.250% due 7/15/31<sup>(b)</sup> | 148873 |
| 4720000 | Occidental Petroleum Corp., Senior Unsecured Notes, 7.150% due 5/15/28 | 5075463 |
|  | ONEOK Inc., Company Guaranteed Notes: |  |
| 305000 | &nbsp;&nbsp;4.750% due 10/15/31 | 306415 |
| 125000 | &nbsp;&nbsp;6.050% due 9/1/33 | 133515 |
| 640000 | &nbsp;&nbsp;5.050% due 11/1/34 | 636749 |
| 375000 | &nbsp;&nbsp;5.400% due 10/15/35 | 380339 |
| 40000 | &nbsp;&nbsp;6.625% due 9/1/53 | 42279 |
| 200000 | ONGC Videsh Vankorneft Pte Ltd., Company Guaranteed Notes, 3.750% due 7/27/26 | 199216 |
| 25000 | PBF Holding Co. LLC/PBF Finance Corp., Company Guaranteed Notes, 6.000% due 2/15/28 | 24730 |
| 135000 | Permian Resources Operating LLC, Company Guaranteed Notes, 6.250% due 2/1/33<sup>(b)</sup> | 138365 |
| 200000 | Pertamina Persero PT, Senior Unsecured Notes, 1.400% due 2/9/26 | 198750 |
| 150020 | Peru LNG Srl, Senior Unsecured Notes, 5.375% due 3/22/30 | 144573 |
| 100000 | Petrobras Global Finance BV, Company Guaranteed Notes, 5.125% due 9/10/30 | 98845 |
| 150000 | Petroleos Mexicanos, Company Guaranteed Notes, 6.750% due 9/21/47 | 122062 |
| 185000 | Plains All American Pipeline LP/PAA Finance Corp., Senior Unsecured Notes, 5.600% due 1/15/36 | 187969 |
| 200000 | Raizen Fuels Finance SA, Company Guaranteed Notes, 6.700% due 2/25/37 | 171500 |
| 65000 | SM Energy Co., Senior Unsecured Notes, 7.000% due 8/1/32<sup>(b)</sup> | 63596 |
| 41000 | Southern Natural Gas Co. LLC, Senior Unsecured Notes, 5.450% due 8/1/35<sup>(b)</sup> | 41957 |
| 55000 | SunCoke Energy Inc., Senior Secured Notes, 4.875% due 6/30/29<sup>(b)</sup> | 50322 |
| 55000 | Sunoco LP/Sunoco Finance Corp., Company Guaranteed Notes, 6.000% due 4/15/27 | 55087 |
| 25000 | Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Company Guaranteed Notes, 6.750% due 3/15/34<sup>(b)</sup> | 25030 |
| 65000 | Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Senior Unsecured Notes, 7.375% due 2/15/29<sup>(b)</sup> | 67445 |
|  | Targa Resources Corp., Company Guaranteed Notes: |  |
| 130000 | &nbsp;&nbsp;6.500% due 3/30/34 | 142846 |
| 375000 | &nbsp;&nbsp;5.550% due 8/15/35 | 385363 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Energy - (continued)** | **Energy - (continued)** | **Energy - (continued)** |  |
| $| 175000 | &nbsp;&nbsp;5.650% due 2/15/36 | $180839 |
|  | 320000 | &nbsp;&nbsp;5.400% due 7/30/36 | 322843 |
|  | 380000 | Targa Resources Partners LP/Targa Resources Partners Finance Corp., Company Guaranteed Notes, 4.000% due 1/15/32 | 362925 |
|  | 6275000 | Tennessee Gas Pipeline Co. LLC, Company Guaranteed Notes, 2.900% due 3/1/30<sup>(b)</sup> | 5922828 |
|  |  | TotalEnergies Capital SA, Company Guaranteed Notes: |  |
|  | 345000 | &nbsp;&nbsp;5.638% due 4/5/64 | 343466 |
|  | 150000 | &nbsp;&nbsp;5.425% due 9/10/64 | 144340 |
|  | 20000 | Transocean International Ltd., Senior Secured Notes, 7.875% due 10/15/32<sup>(b)</sup> | 20848 |
|  | 200000 | Var Energi ASA, Senior Unsecured Notes, 5.875% due 5/22/30<sup>(b)</sup> | 208450 |
|  | 415000 | Variable Energi ASA, Senior Unsecured Notes, 6.500% due 5/22/35<sup>(b)</sup> | 441922 |
|  |  | Venture Global LNG Inc., Senior Secured Notes: |  |
|  | 95000 | &nbsp;&nbsp;8.125% due 6/1/28<sup>(b)</sup> | 97306 |
|  | 50000 | &nbsp;&nbsp;8.375% due 6/1/31<sup>(b)</sup> | 50123 |
|  | 30000 | &nbsp;&nbsp;9.875% due 2/1/32<sup>(b)</sup> | 31234 |
|  |  | Venture Global Plaquemines LNG LLC, Senior Secured Notes: |  |
|  | 15000 | &nbsp;&nbsp;7.500% due 5/1/33<sup>(b)</sup> | 16345 |
|  | 50000 | &nbsp;&nbsp;6.500% due 1/15/34<sup>(b)</sup> | 51715 |
|  | 109000 | Viper Energy Partners LLC, Company Guaranteed Notes, 4.900% due 8/1/30 | 110364 |
|  | 45000 | Vital Energy Inc., Company Guaranteed Notes, 7.875% due 4/15/32<sup>(b)</sup> | 43610 |
|  | 80000 | WBI Operating LLC, Senior Unsecured Notes, 6.500% due 10/15/33<sup>(b)</sup> | 79961 |
|  | 90000 | Weatherford International Ltd., Company Guaranteed Notes, 6.750% due 10/15/33<sup>(b)</sup> | 92113 |
|  |  | Whistler Pipeline LLC, Senior Unsecured Notes: |  |
|  | 106000 | &nbsp;&nbsp;5.700% due 9/30/31<sup>(b)</sup> | 110245 |
|  | 162000 | &nbsp;&nbsp;5.950% due 9/30/34<sup>(b)</sup> | 168193 |
|  |  | Total Energy | 41925054 |
| **Financial - 6.6%** | **Financial - 6.6%** | **Financial - 6.6%** |  |
|  | 75000 | Acrisure LLC/Acrisure Finance Inc., Senior Secured Notes, 6.750% due 7/1/32<sup>(b)</sup> | 76821 |
|  | 35000 | Acrisure LLC/Acrisure Finance Inc., Senior Unsecured Notes, 6.000% due 8/1/29<sup>(b)</sup> | 34375 |
|  | 102000 | Agree LP, Company Guaranteed Notes, 5.625% due 6/15/34 | 107171 |
|  | 65000 | Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Senior Secured Notes, 6.500% due 10/1/31<sup>(b)</sup> | 66866 |
|  | 100000 | Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Senior Unsecured Notes, 6.750% due 10/15/27<sup>(b)</sup> | 100325 |
|  |  | American Express Co., Senior Unsecured Notes: |  |
|  | 440000 | &nbsp;&nbsp;5.085% (SOFRRATE + 1.020%) due 1/30/31<sup>(c)</sup> | 455021 |
|  | 741000 | &nbsp;&nbsp;5.016% (SOFRRATE + 1.440%) due 4/25/31<sup>(c)</sup> | 765776 |
|  | 205000 | American Homes 4 Rent LP, Senior Unsecured Notes, 5.500% due 2/1/34 | 212467 |
|  |  | American Tower Corp., Senior Unsecured Notes: |  |
|  | 1680000 | &nbsp;&nbsp;3.950% due 3/15/29 | 1665992 |
|  | 2618000 | &nbsp;&nbsp;2.100% due 6/15/30 | 2378636 |
|  | 54000 | &nbsp;&nbsp;3.700% due 10/15/49 | 40531 |
|  | 435000 | Ameriprise Financial Inc., Senior Unsecured Notes, 5.200% due 4/15/35 | 446455 |
|  | 100000 | AmWINS Group Inc., Senior Unsecured Notes, 4.875% due 6/30/29<sup>(b)</sup> | 97532 |
|  | 50000 | Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp., Secured Notes, 7.000% due 4/15/30<sup>(b)</sup> | 50212 |
|  | 35000 | Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp., Company Guaranteed Notes, 5.250% due 4/15/30<sup>(b)</sup> | 32620 |
|  | 85000 | APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Inves, Senior Unsecured Notes, 7.875% due 11/1/29<sup>(b)</sup> | 85714 |
|  |  | Ares Strategic Income Fund, Senior Unsecured Notes: |  |
|  | 300000 | &nbsp;&nbsp;5.800% due 9/9/30<sup>(b)</sup> | 303211 |
|  | 420000 | &nbsp;&nbsp;5.150% due 1/15/31<sup>(b)</sup> | 412834 |
|  | 84000 | Arthur J Gallagher & Co., Senior Unsecured Notes, 4.850% due 12/15/29 | 85841 |
|  |  | Athene Global Funding, Secured Notes: |  |
|  | 445000 | &nbsp;&nbsp;4.721% due 10/8/29<sup>(b)</sup> | 445123 |
|  | 86000 | &nbsp;&nbsp;5.033% due 7/17/30<sup>(b)</sup> | 87027 |
|  | 370000 | &nbsp;&nbsp;2.646% due 10/4/31<sup>(b)</sup> | 327292 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Financial - (continued)** | **Financial - (continued)** |  |
| $98000 | Aviation Capital Group LLC, Senior Unsecured Notes, 5.375% due 7/15/29<sup>(b)</sup> | $100608 |
| 254000 | Avolon Holdings Funding Ltd., Company Guaranteed Notes, 5.750% due 3/1/29<sup>(b)</sup> | 263199 |
|  | Azorra Finance Ltd., Company Guaranteed Notes: |  |
| 55000 | &nbsp;&nbsp;7.750% due 4/15/30<sup>(b)</sup> | 58060 |
| 70000 | &nbsp;&nbsp;7.250% due 1/15/31<sup>(b)</sup> | 73067 |
| 200000 | Banco Davivienda SA, Subordinated Notes, 8.125% (5-Year CMT Index + 4.588%) due 7/2/35<sup>(b)(c)</sup> | 206000 |
| 200000 | Banco de Bogota SA, Subordinated Notes, 6.250% due 5/12/26 | 200755 |
| 450000 | Banco de Credito del Peru SA, Subordinated Notes, 3.250% (5-Year CMT Index + 2.450%) due 9/30/31<sup>(c)</sup> | 443548 |
| 300000 | Banco Industrial SA, Subordinated Notes, 4.875% (5-Year CMT Index + 4.442%) due 1/29/31<sup>(c)</sup> | 298485 |
| 76000 | Bank of America Corp., Junior Subordinated Notes, 6.625% (5-Year CMT Index + 2.684%)<sup>(c)(g)</sup> | 78815 |
|  | Bank of America Corp., Senior Unsecured Notes: |  |
| 100000 | &nbsp;&nbsp;3.974% (3-Month TSFR + 1.472%) due 2/7/30<sup>(c)</sup> | 99563 |
| 685000 | &nbsp;&nbsp;2.592% (SOFRRATE + 2.150%) due 4/29/31<sup>(c)</sup> | 640456 |
| 4925000 | &nbsp;&nbsp;1.922% (SOFRRATE + 1.370%) due 10/24/31<sup>(c)</sup> | 4417481 |
| 2615000 | &nbsp;&nbsp;2.687% (SOFRRATE + 1.320%) due 4/22/32<sup>(c)</sup> | 2407527 |
| 335000 | &nbsp;&nbsp;2.972% (SOFRRATE + 1.330%) due 2/4/33<sup>(c)</sup> | 307940 |
| 110000 | &nbsp;&nbsp;5.468% (SOFRRATE + 1.650%) due 1/23/35<sup>(c)</sup> | 115692 |
|  | Bank of America Corp., Subordinated Notes: |  |
| 390000 | &nbsp;&nbsp;5.518% (SOFRRATE + 1.738%) due 10/25/35<sup>(c)</sup> | 402933 |
| 129000 | &nbsp;&nbsp;5.744% (SOFRRATE + 1.697%) due 2/12/36<sup>(c)</sup> | 135587 |
| 335000 | &nbsp;&nbsp;2.482% (5-Year CMT Index + 1.200%) due 9/21/36<sup>(c)</sup> | 294880 |
|  | Bank of New York Mellon Corp., Senior Unsecured Notes: |  |
| 357000 | &nbsp;&nbsp;5.060% (SOFRRATE + 1.230%) due 7/22/32<sup>(c)</sup> | 371071 |
| 100000 | &nbsp;&nbsp;5.188% (SOFRRATE + 1.418%) due 3/14/35<sup>(c)</sup> | 103783 |
| 5000000 | Barclays PLC, Senior Unsecured Notes, 4.972% (3-Month USD-SOFR + 1.902%) due 5/16/29<sup>(c)</sup> | 5086276 |
| 600000 | Blackstone Secured Lending Fund, Senior Unsecured Notes, 5.125% due 1/31/31 | 594219 |
| 375000 | BNP Paribas SA, Subordinated Notes, 5.906% (SOFRRATE + 1.920%) due 11/19/35<sup>(b)(c)</sup> | 392238 |
|  | BPCE SA, Senior Non-Preferred Notes: |  |
| 250000 | &nbsp;&nbsp;4.625% due 9/12/28<sup>(b)</sup> | 252603 |
| 550000 | &nbsp;&nbsp;5.876% (SOFRRATE + 1.680%) due 1/14/31<sup>(b)(c)</sup> | 575980 |
| 385000 | &nbsp;&nbsp;5.389% (SOFRRATE + 1.581%) due 5/28/31<sup>(b)(c)</sup> | 396843 |
| 470000 | BPCE SA, Subordinated Notes, 6.508% (SOFRRATE + 2.791%) due 1/18/35<sup>(b)(c)</sup> | 502770 |
| 65000 | Brown & Brown Inc., Senior Unsecured Notes, 6.250% due 6/23/55 | 68099 |
| 151000 | Canadian Imperial Bank of Commerce, Senior Unsecured Notes, 5.245% (SOFRRATE + 1.105%) due 1/13/31<sup>(c)</sup> | 156480 |
|  | Capital One Financial Corp., Senior Unsecured Notes: |  |
| 325000 | &nbsp;&nbsp;4.493% (SOFRRATE + 1.250%) due 9/11/31<sup>(c)</sup> | 324792 |
| 495000 | &nbsp;&nbsp;7.624% (SOFRRATE + 3.070%) due 10/30/31<sup>(c)</sup> | 560121 |
| 240000 | Capital One Financial Corp., Subordinated Notes, 6.183% (SOFRRATE + 2.036%) due 1/30/36<sup>(c)</sup> | 251743 |
| 280000 | Citibank NA, Senior Unsecured Notes, 4.914% due 5/29/30 | 288783 |
| 78000 | Citigroup Inc., Junior Subordinated Notes, 6.875% (5-Year CMT Index + 2.890%)<sup>(c)(g)</sup> | 79836 |
|  | Citigroup Inc., Senior Unsecured Notes: |  |
| 135000 | &nbsp;&nbsp;5.174% (SOFRRATE + 1.364%) due 2/13/30<sup>(c)</sup> | 138877 |
| 460000 | &nbsp;&nbsp;4.952% (SOFRRATE + 1.463%) due 5/7/31<sup>(c)</sup> | 471457 |
| 712000 | &nbsp;&nbsp;4.503% (SOFRRATE + 1.171%) due 9/11/31<sup>(c)</sup> | 716993 |
| 6930000 | &nbsp;&nbsp;2.520% (SOFRRATE + 1.177%) due 11/3/32<sup>(c)</sup> | 6221573 |
| 73000 | Citigroup Inc., Subordinated Notes, 6.174% (SOFRRATE + 2.661%) due 5/25/34<sup>(c)</sup> | 77996 |
| 265000 | Citizens Financial Group Inc., Senior Unsecured Notes, 5.253% (SOFRRATE + 1.259%) due 3/5/31<sup>(c)</sup> | 271702 |
| 1340000 | Credit Agricole SA, Senior Non-Preferred Notes, 5.222% (SOFRRATE + 1.460%) due 5/27/31<sup>(b)(c)</sup> | 1381704 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Financial - (continued)** | **Financial - (continued)** |  |
|  | Crown Castle Inc., Senior Unsecured Notes: |  |
| $110000 | &nbsp;&nbsp;4.800% due 9/1/28 | $111449 |
| 185000 | &nbsp;&nbsp;3.100% due 11/15/29 | 176483 |
| 545000 | &nbsp;&nbsp;2.250% due 1/15/31 | 487779 |
| 70000 | &nbsp;&nbsp;2.100% due 4/1/31 | 61711 |
| 200000 | DBS Group Holdings Ltd., Subordinated Notes, 1.822% (5-Year CMT Index + 1.100%) due 3/10/31<sup>(c)</sup> | 198463 |
|  | Equinix Inc., Senior Unsecured Notes: |  |
| 151000 | &nbsp;&nbsp;3.900% due 4/15/32 | 145585 |
| 266000 | &nbsp;&nbsp;2.950% due 9/15/51 | 170501 |
| 575000 | Equitable America Global Funding, Secured Notes, 4.700% due 9/15/32<sup>(b)</sup> | 572334 |
| 180000 | Equitable Financial Life Global Funding, Secured Notes, 5.000% due 3/27/30<sup>(b)</sup> | 184512 |
| 27000 | Equitable Holdings Inc., Senior Unsecured Notes, 4.350% due 4/20/28 | 27101 |
| 85000 | Essential Properties LP, Company Guaranteed Notes, 5.400% due 12/1/35 | 85378 |
|  | Extra Space Storage LP, Company Guaranteed Notes: |  |
| 77000 | &nbsp;&nbsp;4.950% due 1/15/33 | 77930 |
| 140000 | &nbsp;&nbsp;5.400% due 2/1/34 | 144324 |
| 199000 | First Industrial LP, Company Guaranteed Notes, 5.250% due 1/15/31 | 204533 |
| 40000 | Freedom Mortgage Holdings LLC, Senior Unsecured Notes, 8.375% due 4/1/32<sup>(b)</sup> | 42017 |
| 370000 | GA Global Funding Trust, Secured Notes, 4.500% due 9/18/30<sup>(b)</sup> | 365295 |
| 105000 | GGAM Finance Ltd., Company Guaranteed Notes, 6.875% due 4/15/29<sup>(b)</sup> | 108951 |
| 285000 | Global Aircraft Leasing Co., Ltd., Senior Secured Notes, 8.750% due 9/1/27<sup>(b)</sup> | 294757 |
| 72000 | Goldman Sachs Group Inc., Junior Subordinated Notes, 6.850% (5-Year CMT Index + 2.461%)<sup>(c)(g)</sup> | 74681 |
|  | Goldman Sachs Group Inc., Senior Unsecured Notes: |  |
| 215000 | &nbsp;&nbsp;5.049% (SOFRRATE + 1.210%) due 7/23/30<sup>(c)</sup> | 220869 |
| 535000 | &nbsp;&nbsp;4.692% (SOFRRATE + 1.135%) due 10/23/30<sup>(c)</sup> | 543774 |
| 245000 | &nbsp;&nbsp;5.207% (SOFRRATE + 1.078%) due 1/28/31<sup>(c)</sup> | 253835 |
| 210000 | &nbsp;&nbsp;5.218% (SOFRRATE + 1.580%) due 4/23/31<sup>(c)</sup> | 217566 |
| 159000 | &nbsp;&nbsp;4.369% (SOFRRATE + 1.060%) due 10/21/31<sup>(c)</sup> | 159187 |
| 55000 | &nbsp;&nbsp;2.615% (SOFRRATE + 1.281%) due 4/22/32<sup>(c)</sup> | 50303 |
| 148000 | &nbsp;&nbsp;5.330% (SOFRRATE + 1.550%) due 7/23/35<sup>(c)</sup> | 153593 |
| 136000 | Guardian Life Global Funding, Secured Notes, 4.798% due 4/28/30<sup>(b)</sup> | 139380 |
| 65000 | Hightower Holding LLC, Company Guaranteed Notes, 6.750% due 4/15/29<sup>(b)</sup> | 65066 |
|  | HSBC Holdings PLC, Senior Unsecured Notes: |  |
| 430000 | &nbsp;&nbsp;5.130% (SOFRRATE + 1.290%) due 3/3/31<sup>(c)</sup> | 441893 |
| 400000 | &nbsp;&nbsp;5.240% (SOFRRATE + 1.570%) due 5/13/31<sup>(c)</sup> | 413587 |
| 200000 | &nbsp;&nbsp;2.848% (SOFRRATE + 2.387%) due 6/4/31<sup>(c)</sup> | 187339 |
| 205000 | &nbsp;&nbsp;4.619% (SOFRRATE + 1.190%) due 11/6/31<sup>(c)</sup> | 206333 |
| 65000 | HUB International Ltd., Senior Secured Notes, 7.250% due 6/15/30<sup>(b)</sup> | 68106 |
| 415000 | Intercontinental Exchange Inc., Senior Unsecured Notes, 2.650% due 9/15/40 | 312134 |
| 80000 | Iron Mountain Inc., Company Guaranteed Notes, 7.000% due 2/15/29<sup>(b)</sup> | 82176 |
|  | JPMorgan Chase & Co., Senior Unsecured Notes: |  |
| 555000 | &nbsp;&nbsp;4.505% (SOFRRATE + 0.860%) due 10/22/28<sup>(c)</sup> | 560038 |
| 340000 | &nbsp;&nbsp;5.299% (SOFRRATE + 1.450%) due 7/24/29<sup>(c)</sup> | 350583 |
| 485000 | &nbsp;&nbsp;5.581% (SOFRRATE + 1.160%) due 4/22/30<sup>(c)</sup> | 507575 |
| 565000 | &nbsp;&nbsp;4.995% (SOFRRATE + 1.125%) due 7/22/30<sup>(c)</sup> | 581366 |
| 313000 | &nbsp;&nbsp;5.140% (SOFRRATE + 1.010%) due 1/24/31<sup>(c)</sup> | 324698 |
| 645000 | &nbsp;&nbsp;5.103% (SOFRRATE + 1.435%) due 4/22/31<sup>(c)</sup> | 668922 |
| 431000 | &nbsp;&nbsp;4.255% (SOFRRATE + 0.930%) due 10/22/31<sup>(c)</sup> | 431504 |
| 5000000 | &nbsp;&nbsp;2.545% (SOFRRATE + 1.180%) due 11/8/32<sup>(c)</sup> | 4526659 |
| 1975000 | &nbsp;&nbsp;5.336% (SOFRRATE + 1.620%) due 1/23/35<sup>(c)</sup> | 2066115 |
| 273000 | &nbsp;&nbsp;5.294% (SOFRRATE + 1.460%) due 7/22/35<sup>(c)</sup> | 284634 |
| 75000 | &nbsp;&nbsp;4.946% (SOFRRATE + 1.340%) due 10/22/35<sup>(c)</sup> | 76413 |
| 318000 | JPMorgan Chase & Co., Subordinated Notes, 5.576% (SOFRRATE + 1.635%) due 7/23/36<sup>(c)</sup> | 332704 |
| 45000 | LFS Topco LLC, Senior Unsecured Notes, 8.750% due 7/15/30<sup>(b)</sup> | 43998 |
| 153000 | Lineage OP LP, Company Guaranteed Notes, 5.250% due 7/15/30<sup>(b)</sup> | 155282 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Financial - (continued)** | **Financial - (continued)** |  |
|  | Macquarie Airfinance Holdings Ltd., Senior Unsecured Notes: |  |
| $80000 | &nbsp;&nbsp;5.200% due 3/27/28<sup>(b)</sup> | $81436 |
| 79000 | &nbsp;&nbsp;5.150% due 3/17/30<sup>(b)</sup> | 80129 |
| 127000 | MetLife Inc., Subordinated Notes, 6.350% (5-Year CMT Index + 2.078%) due 3/15/55<sup>(c)</sup> | 134154 |
|  | Morgan Stanley, Senior Unsecured Notes: |  |
| 35000 | &nbsp;&nbsp;5.449% (SOFRRATE + 1.630%) due 7/20/29<sup>(c)</sup> | 36172 |
| 330000 | &nbsp;&nbsp;4.654% (SOFRRATE + 1.100%) due 10/18/30<sup>(c)</sup> | 334870 |
| 15000 | &nbsp;&nbsp;5.230% (SOFRRATE + 1.108%) due 1/15/31<sup>(c)</sup> | 15515 |
| 1240000 | &nbsp;&nbsp;2.699% (SOFRRATE + 1.143%) due 1/22/31<sup>(c)</sup> | 1164984 |
| 159000 | &nbsp;&nbsp;4.356% (SOFRRATE + 1.074%) due 10/22/31<sup>(c)</sup> | 159171 |
| 3485000 | &nbsp;&nbsp;5.831% (SOFRRATE + 1.580%) due 4/19/35<sup>(c)</sup> | 3737958 |
| 3055000 | &nbsp;&nbsp;5.320% (SOFRRATE + 1.555%) due 7/19/35<sup>(c)</sup> | 3172745 |
|  | Morgan Stanley, Subordinated Notes: |  |
| 74000 | &nbsp;&nbsp;5.948% (5-Year CMT Index + 2.430%) due 1/19/38<sup>(c)</sup> | 78209 |
| 146000 | &nbsp;&nbsp;5.942% (5-Year CMT Index + 1.800%) due 2/7/39<sup>(c)</sup> | 154112 |
| 50000 | Nassau Cos. of New York, Senior Unsecured Notes, 7.875% due 7/15/30<sup>(b)</sup> | 48718 |
|  | Navient Corp., Senior Unsecured Notes: |  |
| 30000 | &nbsp;&nbsp;5.000% due 3/15/27 | 29973 |
| 30000 | &nbsp;&nbsp;7.875% due 6/15/32 | 30998 |
| 69000 | New York Life Insurance Co., Subordinated Notes, 6.750% due 11/15/39<sup>(b)</sup> | 79577 |
|  | Omega Healthcare Investors Inc., Company Guaranteed Notes: |  |
| 83000 | &nbsp;&nbsp;3.375% due 2/1/31 | 77488 |
| 88000 | &nbsp;&nbsp;3.250% due 4/15/33 | 78462 |
|  | OneMain Finance Corp., Company Guaranteed Notes: |  |
| 45000 | &nbsp;&nbsp;7.500% due 5/15/31 | 47274 |
| 65000 | &nbsp;&nbsp;6.500% due 3/15/33 | 65315 |
| 1320000 | Ontario Teachers' Cadillac Fairview Properties Trust, Senior Unsecured Notes, 2.500% due 10/15/31<sup>(b)</sup> | 1189581 |
| 200000 | Oversea-Chinese Banking Corp., Ltd, Subordinated Notes, 4.602% (5-Year CMT Index + 1.575%) due 6/15/32<sup>(c)</sup> | 200695 |
| 90000 | Panther Escrow Issuer LLC, Senior Secured Notes, 7.125% due 6/1/31<sup>(b)</sup> | 93061 |
| 75000 | Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Company Guaranteed Notes, 7.000% due 2/1/30<sup>(b)</sup> | 76570 |
|  | PennyMac Financial Services Inc., Company Guaranteed Notes: |  |
| 45000 | &nbsp;&nbsp;4.250% due 2/15/29<sup>(b)</sup> | 43981 |
| 80000 | &nbsp;&nbsp;7.875% due 12/15/29<sup>(b)</sup> | 85327 |
| 35000 | &nbsp;&nbsp;6.875% due 5/15/32<sup>(b)</sup> | 36538 |
| 152000 | Phillips Edison Grocery Center Operating Partnership I LP, Company Guaranteed Notes, 5.750% due 7/15/34 | 159903 |
|  | PNC Financial Services Group Inc., Senior Unsecured Notes: |  |
| 3610000 | &nbsp;&nbsp;5.068% (SOFRRATE + 1.933%) due 1/24/34<sup>(c)</sup> | 3711620 |
| 102000 | &nbsp;&nbsp;5.373% (SOFRRATE + 1.417%) due 7/21/36<sup>(c)</sup> | 105665 |
|  | Prologis Targeted US Logistics Fund LP, Company Guaranteed Notes: |  |
| 135000 | &nbsp;&nbsp;4.250% due 1/15/31<sup>(b)</sup> | 134406 |
| 400000 | &nbsp;&nbsp;4.750% due 1/15/36<sup>(b)</sup> | 393391 |
| 95000 | Prudential Financial Inc., Senior Unsecured Notes, 5.200% due 3/14/35 | 97926 |
|  | Realty Income Corp., Senior Unsecured Notes: |  |
| 555000 | &nbsp;&nbsp;4.500% due 2/1/33 | 552220 |
| 220000 | &nbsp;&nbsp;5.125% due 4/15/35 | 225132 |
| 80000 | RHP Hotel Properties LP/RHP Finance Corp., Company Guaranteed Notes, 6.500% due 6/15/33<sup>(b)</sup> | 83133 |
| 45000 | Rocket Cos., Inc., Company Guaranteed Notes, 6.375% due 8/1/33<sup>(b)</sup> | 47123 |
|  | Royal Bank of Canada, Senior Unsecured Notes: |  |
| 400000 | &nbsp;&nbsp;5.153% (SOFRRATE + 1.030%) due 2/4/31<sup>(c)</sup> | 413360 |
| 249000 | &nbsp;&nbsp;4.305% (SOFRRATE + 0.980%) due 11/3/31<sup>(c)</sup> | 248844 |
| 255000 | Sammons Financial Group Global Funding, Secured Notes, 4.950% due 6/12/30<sup>(b)</sup> | 259027 |
| 3415000 | SBA Tower Trust, Asset Backed, 1.631% due 11/15/26<sup>(b)</sup> | 3328499 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Financial - (continued)** | **Financial - (continued)** | **Financial - (continued)** |  |
|  |  | Service Properties Trust, Company Guaranteed Notes: |  |
| $| 25000 | &nbsp;&nbsp;5.500% due 12/15/27 | $24489 |
|  | 40000 | &nbsp;&nbsp;8.875% due 6/15/32 | 38525 |
|  | 60000 | Service Properties Trust, Senior Secured Notes, zero coupon, due 9/30/27<sup>(b)</sup> | 53457 |
|  | 75000 | Starwood Property Trust Inc., Company Guaranteed Notes, 5.250% due 10/15/28<sup>(b)</sup> | 75513 |
|  |  | Starwood Property Trust Inc., Senior Unsecured Notes: |  |
|  | 70000 | &nbsp;&nbsp;7.250% due 4/1/29<sup>(b)</sup> | 74185 |
|  | 35000 | &nbsp;&nbsp;6.000% due 4/15/30<sup>(b)</sup> | 36029 |
|  | 165000 | Sun Communities Operating LP, Company Guaranteed Notes, 2.700% due 7/15/31 | 150472 |
|  |  | Synchrony Financial, Senior Unsecured Notes: |  |
|  | 460000 | &nbsp;&nbsp;5.450% (SOFRRATE + 1.680%) due 3/6/31<sup>(c)</sup> | 470581 |
|  | 215000 | &nbsp;&nbsp;6.000% (SOFRRATE + 2.070%) due 7/29/36<sup>(c)</sup> | 221031 |
|  | 80000 | Toronto-Dominion Bank, Senior Unsecured Notes, 4.928% due 10/15/35 | 80801 |
|  |  | Travelers Cos., Inc., Senior Unsecured Notes: |  |
|  | 335000 | &nbsp;&nbsp;5.050% due 7/24/35 | 342727 |
|  | 62000 | &nbsp;&nbsp;5.700% due 7/24/55 | 64432 |
|  |  | Truist Financial Corp., Senior Unsecured Notes: |  |
|  | 64000 | &nbsp;&nbsp;7.161% (SOFRRATE + 2.446%) due 10/30/29<sup>(c)</sup> | 69298 |
|  | 141000 | &nbsp;&nbsp;5.153% (SOFRRATE + 1.571%) due 8/5/32<sup>(c)</sup> | 145652 |
|  | 3295000 | &nbsp;&nbsp;5.122% (SOFRRATE + 1.852%) due 1/26/34<sup>(c)</sup> | 3365037 |
|  |  | UBS Group AG, Senior Unsecured Notes: |  |
|  | 3400000 | &nbsp;&nbsp;3.091% (SOFRRATE + 1.730%) due 5/14/32<sup>(b)(c)</sup> | 3169425 |
|  | 1850000 | &nbsp;&nbsp;2.746% (1-Year CMT Index + 1.100%) due 2/11/33<sup>(b)(c)</sup> | 1663324 |
|  | 5160000 | UDR Inc., Company Guaranteed Notes, 3.200% due 1/15/30 | 4957628 |
|  | 200000 | United Overseas Bank Ltd., Subordinated Notes, 2.000% (5-Year CMT Index + 1.230%) due 10/14/31<sup>(c)</sup> | 195978 |
|  | 40000 | Uniti Group LP/Uniti Group Finance 2019 Inc./CSL Capital LLC, Company Guaranteed Notes, 8.625% due 6/15/32<sup>(b)</sup> | 38355 |
|  | 1145000 | US Bancorp, Senior Unsecured Notes, 4.839% (SOFRRATE + 1.600%) due 2/1/34<sup>(c)</sup> | 1159855 |
|  | 305000 | VICI Properties LP/VICI Note Co., Inc., Company Guaranteed Notes, 4.625% due 12/1/29<sup>(b)</sup> | 303312 |
|  | 60000 | Walker & Dunlop Inc., Company Guaranteed Notes, 6.625% due 4/1/33<sup>(b)</sup> | 61670 |
|  |  | Wells Fargo & Co., Senior Unsecured Notes: |  |
|  | 270000 | &nbsp;&nbsp;3.000% due 4/22/26 | 268781 |
|  | 225000 | &nbsp;&nbsp;5.244% (SOFRRATE + 1.110%) due 1/24/31<sup>(c)</sup> | 233796 |
|  | 95000 | &nbsp;&nbsp;2.572% (3-Month TSFR + 1.262%) due 2/11/31<sup>(c)</sup> | 88953 |
|  | 580000 | &nbsp;&nbsp;5.150% (SOFRRATE + 1.500%) due 4/23/31<sup>(c)</sup> | 600674 |
|  | 735000 | &nbsp;&nbsp;3.350% (SOFRRATE + 1.500%) due 3/2/33<sup>(c)</sup> | 690594 |
|  | 5845000 | &nbsp;&nbsp;5.389% (SOFRRATE + 2.020%) due 4/24/34<sup>(c)</sup> | 6127362 |
|  | 95000 | &nbsp;&nbsp;6.491% (SOFRRATE + 2.060%) due 10/23/34<sup>(c)</sup> | 106234 |
|  | 325000 | &nbsp;&nbsp;4.892% (SOFRRATE + 1.340%) due 9/15/36<sup>(c)</sup> | 327793 |
|  | 45000 | &nbsp;&nbsp;5.013% (3-Month TSFR + 4.502%) due 4/4/51<sup>(c)</sup> | 42246 |
|  | 255000 | XHR LP, Company Guaranteed Notes, 6.625% due 5/15/30<sup>(b)</sup> | 261374 |
|  |  | Total Financial | 102670638 |
| **Industrial - 1.0%** | **Industrial - 1.0%** | **Industrial - 1.0%** |  |
|  | 70000 | AAR Escrow Issuer LLC, Company Guaranteed Notes, 6.750% due 3/15/29<sup>(b)</sup> | 72653 |
|  | 226000 | Amphenol Corp., Senior Unsecured Notes, 5.300% due 11/15/55 | 220157 |
|  | 65000 | Amrize Finance US LLC, Company Guaranteed Notes, 4.950% due 4/7/30<sup>(b)</sup> | 66686 |
|  | 158000 | Arrow Electronics Inc., Senior Unsecured Notes, 5.150% due 8/21/29 | 161905 |
|  | 15000 | Artera Services LLC, Senior Secured Notes, 8.500% due 2/15/31<sup>(b)</sup> | 12967 |
|  | 286000 | Avnet Inc., Senior Unsecured Notes, 6.250% due 3/15/28 | 296768 |
|  | 385000 | BAE Systems PLC, Senior Unsecured Notes, 5.125% due 3/26/29<sup>(b)</sup> | 397321 |
|  | 332969 | Bioceanico Sovereign Certificate Ltd., Senior Secured Notes, zero coupon, due 6/5/34 | 273101 |
|  |  | Boeing Co., Senior Unsecured Notes: |  |
|  | 125000 | &nbsp;&nbsp;3.200% due 3/1/29 | 120902 |
|  | 126000 | &nbsp;&nbsp;2.950% due 2/1/30 | 119297 |
|  | 600000 | &nbsp;&nbsp;5.150% due 5/1/30 | 618408 |
|  | 110000 | &nbsp;&nbsp;6.388% due 5/1/31 | 119682 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Industrial - (continued)** | **Industrial - (continued)** |  |
| $205000 | &nbsp;&nbsp;6.528% due 5/1/34 | $227956 |
| 445000 | &nbsp;&nbsp;5.705% due 5/1/40 | 457166 |
| 70000 | &nbsp;&nbsp;7.008% due 5/1/64 | 80158 |
|  | Builders FirstSource Inc., Company Guaranteed Notes: |  |
| 65000 | &nbsp;&nbsp;6.375% due 3/1/34<sup>(b)</sup> | 67608 |
| 50000 | &nbsp;&nbsp;6.750% due 5/15/35<sup>(b)</sup> | 52735 |
| 139000 | Burlington Northern Santa Fe LLC, Senior Unsecured Notes, 5.500% due 3/15/55 | 139597 |
| 65000 | Carlisle Cos., Inc., Senior Unsecured Notes, 5.550% due 9/15/40 | 66083 |
| 165000 | CCL Industries Inc., Senior Unsecured Notes, 3.050% due 6/1/30<sup>(b)</sup> | 156061 |
| 200000 | Cemex SAB de CV, Subordinated Notes, 5.125% (5-Year CMT Index + 4.534%)<sup>(c)(g)</sup> | 199245 |
| 95000 | Clydesdale Acquisition Holdings Inc., Senior Secured Notes, 6.750% due 4/15/32<sup>(b)</sup> | 95856 |
| 35000 | Cornerstone Building Brands Inc., Senior Secured Notes, 9.500% due 8/15/29<sup>(b)</sup> | 28104 |
| 158000 | CRH America Finance Inc., Company Guaranteed Notes, 4.400% due 2/9/31 | 158357 |
|  | CSX Corp., Senior Unsecured Notes: |  |
| 755000 | &nbsp;&nbsp;5.050% due 6/15/35 | 774503 |
| 352000 | &nbsp;&nbsp;3.350% due 9/15/49 | 253102 |
| 115000 | Danaos Corp., Company Guaranteed Notes, 6.875% due 10/15/32<sup>(b)</sup> | 117044 |
| 115000 | EMRLD Borrower LP/Emerald Co.-Issuer Inc., Senior Secured Notes, 6.625% due 12/15/30<sup>(b)</sup> | 119181 |
| 30000 | Energizer Holdings Inc., Company Guaranteed Notes, 6.000% due 9/15/33<sup>(b)</sup> | 28319 |
| 79000 | Flex Ltd., Senior Unsecured Notes, 5.375% due 11/13/35 | 79377 |
| 50000 | FTAI Aviation Investors LLC, Company Guaranteed Notes, 5.875% due 4/15/33<sup>(b)</sup> | 50625 |
|  | GATX Corp., Senior Unsecured Notes: |  |
| 89000 | &nbsp;&nbsp;5.500% due 6/15/35 | 91974 |
| 83000 | &nbsp;&nbsp;5.200% due 3/15/44 | 79137 |
| 210000 | Genesee & Wyoming Inc., Senior Secured Notes, 6.250% due 4/15/32<sup>(b)</sup> | 215937 |
| 55000 | Goat Holdco LLC, Senior Secured Notes, 6.750% due 2/1/32<sup>(b)</sup> | 56408 |
| 30000 | GrafTech Finance Inc., Secured Notes, 4.625% due 12/23/29<sup>(b)</sup> | 22088 |
| 115000 | Griffon Corp., Company Guaranteed Notes, 5.750% due 3/1/28 | 115140 |
| 90000 | Hubbell Inc., Senior Unsecured Notes, 4.800% due 11/15/35 | 90119 |
| 155000 | Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC, Senior Secured Notes, 9.000% due 2/15/29<sup>(b)</sup> | 163138 |
| 264000 | Jacobs Engineering Group Inc., Company Guaranteed Notes, 5.900% due 3/1/33 | 279088 |
| 228723 | Lima Metro Line 2 Finance Ltd., Senior Secured Notes, 5.875% due 7/5/34 | 237448 |
| 153000 | Lockheed Martin Corp., Senior Unsecured Notes, 5.000% due 8/15/35 | 157135 |
| 145000 | Madison IAQ LLC, Senior Unsecured Notes, 5.875% due 6/30/29<sup>(b)</sup> | 143400 |
| 147000 | MasTec Inc., Senior Unsecured Notes, 5.900% due 6/15/29 | 153714 |
| 200000 | Mexico City Airport Trust, Senior Secured Notes, 3.875% due 4/30/28 | 195652 |
| 105000 | Miter Brands Acquisition Holdco Inc./MIWD Borrower LLC, Senior Secured Notes, 6.750% due 4/1/32<sup>(b)</sup> | 107263 |
| 168000 | Molex Electronic Technologies LLC, Senior Unsecured Notes, 5.250% due 4/30/32<sup>(b)</sup> | 172885 |
| 146464 | MV24 Capital BV, Senior Secured Notes, 6.748% due 6/1/34 | 143989 |
|  | Northrop Grumman Corp., Senior Unsecured Notes: |  |
| 120000 | &nbsp;&nbsp;4.650% due 7/15/30 | 122361 |
| 260000 | &nbsp;&nbsp;5.150% due 5/1/40 | 261460 |
| 95000 | &nbsp;&nbsp;4.030% due 10/15/47 | 77907 |
| 257000 | &nbsp;&nbsp;5.200% due 6/1/54 | 245696 |
| 138000 | Owens Corning, Senior Unsecured Notes, 5.700% due 6/15/34 | 145671 |
|  | Penske Truck Leasing Co. LP/PTL Finance Corp., Senior Unsecured Notes: |  |
| 35000 | &nbsp;&nbsp;5.750% due 5/24/26<sup>(b)</sup> | 35209 |
| 125000 | &nbsp;&nbsp;6.050% due 8/1/28<sup>(b)</sup> | 130526 |
| 300000 | &nbsp;&nbsp;5.250% due 2/1/30<sup>(b)</sup> | 309500 |
| 85000 | Quikrete Holdings Inc., Senior Unsecured Notes, 6.750% due 3/1/33<sup>(b)</sup> | 88505 |
|  | Republic Services Inc., Senior Unsecured Notes: |  |
| 50000 | &nbsp;&nbsp;4.875% due 4/1/29 | 51357 |
| 55000 | &nbsp;&nbsp;1.450% due 2/15/31 | 48118 |
| 325000 | &nbsp;&nbsp;5.200% due 11/15/34 | 339134 |
| 147000 | &nbsp;&nbsp;5.150% due 3/15/35 | 153175 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Industrial - (continued)** | **Industrial - (continued)** | **Industrial - (continued)** |  |
| $| 95000 | Seaspan Corp., Senior Unsecured Notes, 5.500% due 8/1/29<sup>(b)</sup> | $90639 |
|  | 305000 | Simpar Europe SA, Company Guaranteed Notes, 5.200% due 1/26/31 | 239120 |
|  | 73000 | Sonoco Products Co., Senior Unsecured Notes, 4.600% due 9/1/29 | 73652 |
|  | 50000 | Standard Building Solutions Inc., Senior Unsecured Notes, 6.500% due 8/15/32<sup>(b)</sup> | 51582 |
|  | 30000 | Star Leasing Co. LLC, Secured Notes, 7.625% due 2/15/30<sup>(b)</sup> | 28660 |
|  | 145000 | Textron Inc., Senior Unsecured Notes, 5.500% due 5/15/35 | 151260 |
|  | 90000 | TransDigm Inc., Company Guaranteed Notes, 6.375% due 5/31/33<sup>(b)</sup> | 92250 |
|  |  | TransDigm Inc., Senior Secured Notes: |  |
|  | 135000 | &nbsp;&nbsp;6.875% due 12/15/30<sup>(b)</sup> | 140735 |
|  | 5000 | &nbsp;&nbsp;6.250% due 1/31/34<sup>(b)</sup> | 5184 |
|  | 10000 | TransDigm Inc., Senior Subordinated Notes, 6.750% due 1/31/34<sup>(b)</sup> | 10448 |
|  | 40000 | Trident TPI Holdings Inc., Company Guaranteed Notes, 12.750% due 12/31/28<sup>(b)</sup> | 40258 |
|  |  | Veralto Corp., Company Guaranteed Notes: |  |
|  | 130000 | &nbsp;&nbsp;5.500% due 9/18/26 | 131219 |
|  | 50000 | &nbsp;&nbsp;5.350% due 9/18/28 | 51626 |
|  | 77000 | &nbsp;&nbsp;5.450% due 9/18/33 | 80823 |
|  | 161000 | Vertiv Group Corp., Senior Secured Notes, 4.125% due 11/15/28<sup>(b)</sup> | 159605 |
|  | 127000 | Waste Connections Inc., Senior Unsecured Notes, 5.250% due 9/1/35 | 132517 |
|  | 110000 | Watco Cos LLC/Watco Finance Corp., Senior Unsecured Notes, 7.125% due 8/1/32<sup>(b)</sup> | 114949 |
|  | 35000 | WESCO Distribution Inc., Company Guaranteed Notes, 6.375% due 3/15/33<sup>(b)</sup> | 36605 |
|  |  | Westinghouse Air Brake Technologies Corp., Company Guaranteed Notes: |  |
|  | 519000 | &nbsp;&nbsp;4.900% due 5/29/30 | 531899 |
|  | 390000 | &nbsp;&nbsp;5.611% due 3/11/34 | 413950 |
|  | 2400000 | WRKCo Inc., Company Guaranteed Notes, 3.900% due 6/1/28 | 2385249 |
|  | 170000 | XPO Inc., Company Guaranteed Notes, 7.125% due 6/1/31<sup>(b)</sup> | 177838 |
|  | 200000 | Yinson Bergenia Production BV, Senior Secured Notes, 8.498% due 1/31/45<sup>(b)</sup> | 209766 |
|  |  | Total Industrial | 15413892 |
| **Technology - 0.7%** | **Technology - 0.7%** | **Technology - 0.7%** |  |
|  | 40000 | Amentum Holdings Inc., Company Guaranteed Notes, 7.250% due 8/1/32<sup>(b)</sup> | 41986 |
|  | 385000 | Applied Materials Inc., Senior Unsecured Notes, 4.600% due 1/15/36 | 382203 |
|  | 110000 | AthenaHealth Group Inc., Senior Unsecured Notes, 6.500% due 2/15/30<sup>(b)</sup> | 109246 |
|  | 96000 | Atlassian Corp., Senior Unsecured Notes, 5.250% due 5/15/29 | 98533 |
|  | 390000 | Broadcom Inc., Company Guaranteed Notes, 3.500% due 2/15/41 | 324102 |
|  |  | Broadcom Inc., Senior Unsecured Notes: |  |
|  | 150000 | &nbsp;&nbsp;4.150% due 2/15/28 | 150725 |
|  | 95000 | &nbsp;&nbsp;5.050% due 7/12/29 | 98165 |
|  | 570000 | &nbsp;&nbsp;4.200% due 10/15/30 | 572051 |
|  | 190000 | &nbsp;&nbsp;5.200% due 7/15/35 | 197853 |
|  | 35000 | CACI International Inc., Company Guaranteed Notes, 6.375% due 6/15/33<sup>(b)</sup> | 36488 |
|  | 18000 | Castle US Holding Corp., Secured Notes, 10.000% due 6/30/31<sup>(b)</sup> | 2520 |
|  | 50000 | Cloud Software Group Inc., Secured Notes, 9.000% due 9/30/29<sup>(b)</sup> | 51577 |
|  |  | Cloud Software Group Inc., Senior Secured Notes: |  |
|  | 65000 | &nbsp;&nbsp;6.500% due 3/31/29<sup>(b)</sup> | 65522 |
|  | 35000 | &nbsp;&nbsp;6.625% due 8/15/33<sup>(b)</sup> | 34938 |
|  | 55000 | CoreWeave Inc., Company Guaranteed Notes, 9.250% due 6/1/30<sup>(b)</sup> | 50743 |
|  | 72000 | Dell Inc., Senior Unsecured Notes, 6.500% due 4/15/38 | 78476 |
|  | 95000 | Ellucian Holdings Inc., Senior Secured Notes, 6.500% due 12/1/29<sup>(b)</sup> | 96297 |
|  |  | Fiserv Inc., Senior Unsecured Notes: |  |
|  | 157000 | &nbsp;&nbsp;4.550% due 2/15/31 | 155829 |
|  | 126000 | &nbsp;&nbsp;5.450% due 3/15/34 | 128194 |
|  | 1110000 | Foundry JV Holdco LLC, Senior Secured Notes, 6.150% due 1/25/32<sup>(b)</sup> | 1186180 |
|  |  | Hewlett Packard Enterprise Co., Senior Unsecured Notes: |  |
|  | 307000 | &nbsp;&nbsp;5.000% due 10/15/34 | 305465 |
|  | 430000 | &nbsp;&nbsp;5.600% due 10/15/54 | 402453 |
|  |  | Intel Corp., Senior Unsecured Notes: |  |
|  | 185000 | &nbsp;&nbsp;4.150% due 8/5/32 | 179694 |
|  | 220000 | &nbsp;&nbsp;5.200% due 2/10/33 | 225734 |
|  | 130000 | &nbsp;&nbsp;4.100% due 5/11/47 | 100639 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Technology - (continued)** | **Technology - (continued)** | **Technology - (continued)** |  |
| $| 370000 | &nbsp;&nbsp;&nbsp;3.734% due 12/8/47 | $270560 |
|  | 325000 | &nbsp;&nbsp;&nbsp;3.250% due 11/15/49 | 213887 |
|  | 205000 | &nbsp;&nbsp;&nbsp;4.750% due 3/25/50 | 172769 |
|  | 125000 | &nbsp;&nbsp;&nbsp;5.050% due 8/5/62 | 104994 |
|  | 345000 | International Business Machines Corp., Senior Unsecured Notes, 4.800% due 2/10/30 | 354305 |
|  | 285000 | Kyndryl Holdings Inc., Senior Unsecured Notes, 4.100% due 10/15/41 | 226314 |
|  | 279000 | Marvell Technology Inc., Senior Unsecured Notes, 5.950% due 9/15/33 | 299172 |
|  | 25000 | McAfee Corp., Senior Unsecured Notes, 7.375% due 2/15/30<sup>(b)</sup> | 21814 |
|  | 270000 | Micron Technology Inc., Senior Unsecured Notes, 5.650% due 11/1/32 | 284183 |
|  | 72000 | NetApp Inc., Senior Unsecured Notes, 5.500% due 3/17/32 | 75291 |
|  |  | NVIDIA Corp., Senior Unsecured Notes: |  |
|  | 100000 | &nbsp;&nbsp;&nbsp;2.850% due 4/1/30 | 95852 |
|  | 290000 | &nbsp;&nbsp;&nbsp;3.500% due 4/1/40 | 249684 |
|  | 124000 | NXP BV/NXP Funding LLC/NXP USA Inc., Company Guaranteed Notes, 4.850% due 8/19/32 | 125103 |
|  |  | Oracle Corp., Senior Unsecured Notes: |  |
|  | 740000 | &nbsp;&nbsp;&nbsp;4.800% due 9/26/32 | 727497 |
|  | 90000 | &nbsp;&nbsp;&nbsp;4.700% due 9/27/34 | 85258 |
|  | 79000 | &nbsp;&nbsp;&nbsp;5.200% due 9/26/35 | 77411 |
|  | 250000 | &nbsp;&nbsp;&nbsp;3.800% due 11/15/37 | 207929 |
|  | 123000 | &nbsp;&nbsp;&nbsp;5.875% due 9/26/45 | 115979 |
|  | 614000 | &nbsp;&nbsp;&nbsp;3.600% due 4/1/50 | 406154 |
|  | 115000 | &nbsp;&nbsp;&nbsp;3.950% due 3/25/51 | 80027 |
|  | 55000 | &nbsp;&nbsp;&nbsp;5.500% due 9/27/64 | 46305 |
|  | 301000 | Paychex Inc., Senior Unsecured Notes, 5.350% due 4/15/32 | 313033 |
|  | 102000 | Qorvo Inc., Company Guaranteed Notes, 3.375% due 4/1/31<sup>(b)</sup> | 93720 |
|  |  | QUALCOMM Inc., Senior Unsecured Notes: |  |
|  | 250000 | &nbsp;&nbsp;&nbsp;4.750% due 5/20/32 | 257010 |
|  | 70000 | &nbsp;&nbsp;&nbsp;4.800% due 5/20/45 | 65258 |
|  | 93000 | Roper Technologies Inc., Senior Unsecured Notes, 4.250% due 9/15/28 | 93437 |
|  | 105000 | UKG Inc., Senior Secured Notes, 6.875% due 2/1/31<sup>(b)</sup> | 108397 |
|  | 76000 | Workday Inc., Senior Unsecured Notes, 3.800% due 4/1/32 | 72944 |
|  |  | Total Technology | 10319900 |
| **Utilities - 2.9%** | **Utilities - 2.9%** | **Utilities - 2.9%** |  |
|  | 200000 | Adani Electricity Mumbai Ltd., Senior Secured Notes, 3.949% due 2/12/30 | 186476 |
|  | 266000 | Adani Transmission Step-One Ltd., Senior Secured Notes, 4.250% due 5/21/36 | 239274 |
|  | 81000 | AEP Texas Inc., Senior Unsecured Notes, 5.450% due 5/15/29 | 84217 |
|  |  | Alabama Power Co., Senior Unsecured Notes: |  |
|  | 485000 | &nbsp;&nbsp;&nbsp;4.300% due 3/15/31 | 486357 |
|  | 30000 | &nbsp;&nbsp;&nbsp;5.100% due 4/2/35 | 30812 |
|  | 225000 | &nbsp;&nbsp;&nbsp;3.450% due 10/1/49 | 164046 |
|  | 66000 | Alliant Energy Corp., Junior Subordinated Notes, 5.750% (5-Year CMT Index + 2.077%) due 4/1/56<sup>(c)</sup> | 65757 |
|  |  | Arizona Public Service Co., Senior Unsecured Notes: |  |
|  | 235000 | &nbsp;&nbsp;&nbsp;5.700% due 8/15/34 | 248187 |
|  | 315000 | &nbsp;&nbsp;&nbsp;5.900% due 8/15/55 | 323849 |
|  | 145000 | Baltimore Gas & Electric Co., Senior Unsecured Notes, 5.450% due 6/1/35 | 151623 |
|  | 1100000 | Berkshire Hathaway Energy Co., Senior Unsecured Notes, 5.950% due 5/15/37 | 1194454 |
|  | 144000 | Black Hills Corp., Senior Unsecured Notes, 6.000% due 1/15/35 | 154131 |
|  | 310000 | Brooklyn Union Gas Co., Senior Unsecured Notes, 4.866% due 8/5/32<sup>(b)</sup> | 309775 |
|  | 198982 | Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy, Senior Secured Notes, 7.875% due 2/15/39<sup>(b)</sup> | 216874 |
|  | 292000 | CenterPoint Energy Inc., Senior Unsecured Notes, 5.400% due 6/1/29 | 302794 |
|  | 87000 | CenterPoint Energy Resources Corp., Senior Unsecured Notes, 1.750% due 10/1/30 | 77600 |
|  | 194174 | Chile Electricity Lux Mpc II SARL, Government Guaranteed Notes, 5.672% due 10/20/35<sup>(b)</sup> | 200582 |
|  | 179000 | Chile Electricity Lux MPC SARL, Government Guaranteed Notes, 6.010% due 1/20/33 | 187508 |
|  | 180833 | Chile Electricity PEC SpA, Senior Secured Notes, zero coupon, due 1/25/28<sup>(b)</sup> | 162750 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Utilities - (continued)** |  |  |
| $100000 | Cleco Corporate Holdings LLC, Senior Unsecured Notes, 3.375% due 9/15/29 | $94297 |
| 75000 | CMS Energy Corp., Junior Subordinated Notes, 6.500% (5-Year CMT Index + 1.961%) due 6/1/55<sup>(c)</sup> | 77634 |
| 200000 | Comision Federal de Electricidad, Company Guaranteed Notes, 6.450% due 1/24/35<sup>(b)</sup> | 204865 |
| 309000 | Commonwealth Edison Co., 1st Mortgage Notes, 5.950% due 6/1/55 | 328057 |
|  | Consolidated Edison Co. of New York Inc., Senior Unsecured Notes: |  |
| 290000 | &nbsp;&nbsp;&nbsp;3.200% due 12/1/51 | 197099 |
| 185000 | &nbsp;&nbsp;&nbsp;5.500% due 3/15/55 | 183270 |
| 215000 | &nbsp;&nbsp;&nbsp;5.750% due 11/15/55 | 219895 |
| 92000 | Consumers Energy Co., 1st Mortgage Notes, 4.500% due 1/15/31 | 93244 |
|  | Dominion Energy Inc., Senior Unsecured Notes: |  |
| 3025000 | &nbsp;&nbsp;&nbsp;3.375% due 4/1/30 | 2921166 |
| 285000 | &nbsp;&nbsp;&nbsp;5.000% due 6/15/30 | 293569 |
| 204000 | DTE Energy Co., Senior Unsecured Notes, 5.850% due 6/1/34 | 218402 |
| 380000 | Duke Energy Carolinas LLC, 1st Mortgage Notes, 5.300% due 2/15/40 | 389752 |
|  | Duke Energy Corp., Senior Unsecured Notes: |  |
| 705000 | &nbsp;&nbsp;&nbsp;2.550% due 6/15/31 | 642592 |
| 85000 | &nbsp;&nbsp;&nbsp;5.450% due 6/15/34 | 89054 |
| 570000 | &nbsp;&nbsp;&nbsp;4.950% due 9/15/35 | 569726 |
| 173000 | &nbsp;&nbsp;&nbsp;5.000% due 8/15/52 | 156094 |
| 263000 | &nbsp;&nbsp;&nbsp;5.800% due 6/15/54 | 266236 |
| 100000 | Duke Energy Ohio Inc., 1st Mortgage Notes, 5.550% due 3/15/54 | 99989 |
|  | Duke Energy Progress LLC, 1st Mortgage Notes: |  |
| 270000 | &nbsp;&nbsp;&nbsp;5.050% due 3/15/35 | 276626 |
| 270000 | &nbsp;&nbsp;&nbsp;5.550% due 3/15/55 | 270932 |
|  | Edison International, Senior Unsecured Notes: |  |
| 210000 | &nbsp;&nbsp;&nbsp;6.250% due 3/15/30 | 219504 |
| 76000 | &nbsp;&nbsp;&nbsp;5.250% due 3/15/32<sup>(f)</sup> | 76083 |
| 46400 | Empresa Electrica Cochrane SpA, Senior Secured Notes, 5.500% due 5/14/27 | 45943 |
| 200000 | Empresas Publicas de Medellin ESP, Senior Unsecured Notes, 4.375% due 2/15/31 | 185365 |
| 78000 | Entergy Arkansas LLC, 1st Mortgage Notes, 5.750% due 6/1/54 | 80491 |
| 146000 | Entergy Corp., Junior Subordinated Notes, 7.125% (5-Year CMT Index + 2.670%) due 12/1/54<sup>(c)</sup> | 153549 |
| 107000 | Entergy Louisiana LLC, 1st Mortgage Notes, 4.750% due 9/15/52 | 95341 |
| 158000 | Evergy Kansas Central Inc., 1st Mortgage Notes, 5.700% due 3/15/53 | 159758 |
|  | Eversource Energy, Senior Unsecured Notes: |  |
| 135000 | &nbsp;&nbsp;&nbsp;4.450% due 12/15/30 | 134643 |
| 335000 | &nbsp;&nbsp;&nbsp;5.125% due 5/15/33 | 340001 |
| 342000 | &nbsp;&nbsp;&nbsp;5.500% due 1/1/34 | 353520 |
| 85000 | FirstEnergy Corp., Senior Unsecured Notes, 3.900% due 7/15/27 | 84555 |
| 1945000 | Florida Power & Light Co., 1st Mortgage Notes, 5.300% due 6/15/34 | 2046217 |
|  | Georgia Power Co., Senior Unsecured Notes: |  |
| 275000 | &nbsp;&nbsp;&nbsp;4.000% due 10/1/28 | 275611 |
| 235000 | &nbsp;&nbsp;&nbsp;4.550% due 3/15/30 | 239409 |
| 200000 | &nbsp;&nbsp;&nbsp;5.200% due 3/15/35 | 206473 |
| 260000 | Interstate Power & Light Co., Senior Unsecured Notes, 5.600% due 6/29/35 | 272503 |
| 80000 | Jersey Central Power & Light Co., Senior Unsecured Notes, 5.100% due 1/15/35 | 81265 |
| 278000 | JSW Hydro Energy Ltd., Senior Secured Notes, 4.125% due 5/18/31 | 258919 |
| 64000 | Kentucky Utilities Co., 1st Mortgage Notes, 5.850% due 8/15/55 | 65955 |
| 219436 | Mexico Generadora de Energia S de rl, Senior Secured Notes, 5.500% due 12/6/32 | 224748 |
| 200000 | Minejesa Capital BV, Senior Secured Notes, 4.625% due 8/10/30 | 199003 |
| 144845 | Mong Duong Finance Holdings BV, Senior Secured Notes, 5.125% due 5/7/29 | 143197 |
| 30000 | Monongahela Power Co., 1st Mortgage Notes, 5.850% due 2/15/34<sup>(b)</sup> | 31962 |
| 64000 | National Fuel Gas Co., Senior Unsecured Notes, 5.950% due 3/15/35 | 67370 |
| 2960000 | National Rural Utilities Cooperative Finance Corp., Collateral Trust, 5.000% due 8/15/34 | 3033435 |
|  | NextEra Energy Capital Holdings Inc., Company Guaranteed Notes: |  |
| 640000 | &nbsp;&nbsp;&nbsp;2.250% due 6/1/30 | 588579 |
| 154000 | &nbsp;&nbsp;&nbsp;5.900% due 3/15/55 | 158435 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Utilities - (continued)** | **Utilities - (continued)** |  |
| $154000 | Niagara Mohawk Power Corp., Senior Unsecured Notes, 4.647% due 10/3/30<sup>(b)</sup> | $155136 |
| 70000 | NiSource Inc., Junior Subordinated Notes, 6.950% (5-Year CMT Index + 2.451%) due 11/30/54<sup>(c)</sup> | 72928 |
|  | NiSource Inc., Senior Unsecured Notes: |  |
| 259000 | &nbsp;&nbsp;&nbsp;3.600% due 5/1/30 | 251908 |
| 222000 | &nbsp;&nbsp;&nbsp;5.350% due 4/1/34 | 230046 |
| 465000 | &nbsp;&nbsp;&nbsp;5.350% due 7/15/35 | 477090 |
| 127000 | &nbsp;&nbsp;&nbsp;5.850% due 4/1/55 | 128943 |
| 60000 | NRG Energy Inc., Company Guaranteed Notes, 6.000% due 2/1/33<sup>(b)</sup> | 61272 |
| 20000 | NRG Energy Inc., Senior Unsecured Notes, 5.750% due 1/15/34<sup>(b)</sup> | 20160 |
|  | NSTAR Electric Co., Senior Unsecured Notes: |  |
| 75000 | &nbsp;&nbsp;&nbsp;5.400% due 6/1/34 | 78237 |
| 350000 | &nbsp;&nbsp;&nbsp;5.200% due 3/1/35 | 359115 |
| 85000 | Oglethorpe Power Corp., 1st Mortgage Notes, 5.050% due 10/1/48 | 77415 |
|  | Ohio Edison Co., Senior Unsecured Notes: |  |
| 125000 | &nbsp;&nbsp;&nbsp;4.950% due 12/15/29<sup>(b)</sup> | 128418 |
| 70000 | &nbsp;&nbsp;&nbsp;5.500% due 1/15/33<sup>(b)</sup> | 73361 |
| 455000 | Ohio Power Co., Senior Unsecured Notes, 5.000% due 6/1/33 | 464546 |
|  | Pacific Gas & Electric Co., 1st Mortgage Notes: |  |
| 215000 | &nbsp;&nbsp;&nbsp;6.100% due 1/15/29 | 224734 |
| 935000 | &nbsp;&nbsp;&nbsp;2.500% due 2/1/31 | 841185 |
| 340000 | &nbsp;&nbsp;&nbsp;6.150% due 1/15/33 | 362515 |
| 225000 | &nbsp;&nbsp;&nbsp;6.950% due 3/15/34 | 251827 |
| 525000 | &nbsp;&nbsp;&nbsp;5.800% due 5/15/34 | 547705 |
| 112000 | &nbsp;&nbsp;&nbsp;3.300% due 8/1/40 | 85675 |
| 95000 | &nbsp;&nbsp;&nbsp;4.750% due 2/15/44 | 81617 |
| 61000 | &nbsp;&nbsp;&nbsp;4.950% due 7/1/50 | 52648 |
| 85000 | &nbsp;&nbsp;&nbsp;3.500% due 8/1/50 | 58503 |
| 468000 | &nbsp;&nbsp;&nbsp;6.750% due 1/15/53 | 507962 |
| 213000 | &nbsp;&nbsp;&nbsp;5.900% due 10/1/54 | 208281 |
| 36000 | &nbsp;&nbsp;&nbsp;6.150% due 3/1/55 | 36470 |
| 110000 | &nbsp;&nbsp;&nbsp;6.100% due 10/15/55 | 110646 |
| 280000 | Pacific Gas & Electric Co., Senior Secured Notes, 3.250% due 6/1/31 | 260251 |
| 230000 | PacifiCorp, 1st Mortgage Notes, 5.500% due 5/15/54 | 210106 |
| 200000 | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, Senior Unsecured Notes, 4.125% due 5/15/27 | 199501 |
| 65000 | Pike Corp., Senior Unsecured Notes, 8.625% due 1/31/31<sup>(b)</sup> | 68718 |
|  | Pinnacle West Capital Corp., Senior Unsecured Notes: |  |
| 118000 | &nbsp;&nbsp;&nbsp;4.900% due 5/15/28 | 120026 |
| 267000 | &nbsp;&nbsp;&nbsp;5.150% due 5/15/30 | 276020 |
| 105000 | PSEG Power LLC, Senior Unsecured Notes, 5.200% due 5/15/30<sup>(b)</sup> | 107746 |
| 450000 | Public Service Co. of Oklahoma, Senior Unsecured Notes, 5.200% due 1/15/35 | 457414 |
|  | Public Service Enterprise Group Inc., Senior Unsecured Notes: |  |
| 435000 | &nbsp;&nbsp;&nbsp;4.900% due 3/15/30 | 445575 |
| 40000 | &nbsp;&nbsp;&nbsp;6.125% due 10/15/33 | 43369 |
| 620000 | &nbsp;&nbsp;&nbsp;5.400% due 3/15/35 | 642088 |
|  | Puget Energy Inc., Senior Secured Notes: |  |
| 75000 | &nbsp;&nbsp;&nbsp;4.100% due 6/15/30 | 73449 |
| 840000 | &nbsp;&nbsp;&nbsp;5.725% due 3/15/35 | 866522 |
| 200000 | Saavi Energia SARL, Senior Unsecured Notes, 8.875% due 2/10/35<sup>(b)</sup> | 214876 |
| 320000 | San Diego Gas & Electric Co., 1st Mortgage Notes, 5.400% due 4/15/35 | 333612 |
|  | Southern California Edison Co., 1st Mortgage Notes: |  |
| 375000 | &nbsp;&nbsp;&nbsp;5.950% due 11/1/32 | 397947 |
| 85000 | &nbsp;&nbsp;&nbsp;6.000% due 1/15/34 | 89763 |
| 365000 | &nbsp;&nbsp;&nbsp;5.200% due 6/1/34 | 368069 |
| 55000 | &nbsp;&nbsp;&nbsp;5.450% due 3/1/35 | 56176 |
| 52000 | &nbsp;&nbsp;&nbsp;3.900% due 3/15/43 | 40693 |
| 130000 | &nbsp;&nbsp;&nbsp;4.650% due 10/1/43 | 112469 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Utilities - (continued)** | **Utilities - (continued)** | **Utilities - (continued)** |  |
| $| 29000 | &nbsp;&nbsp;&nbsp;4.000% due 4/1/47 | $22229 |
|  | 638000 | &nbsp;&nbsp;&nbsp;4.125% due 3/1/48 | 495704 |
|  | 181000 | &nbsp;&nbsp;&nbsp;5.450% due 6/1/52 | 166162 |
|  | 233000 | &nbsp;&nbsp;&nbsp;5.700% due 3/1/53 | 220684 |
|  | 145000 | &nbsp;&nbsp;&nbsp;5.875% due 12/1/53 | 141670 |
|  | 192000 | &nbsp;&nbsp;&nbsp;5.900% due 3/1/55 | 189102 |
|  | 20000 | &nbsp;&nbsp;&nbsp;6.200% due 9/15/55 | 20522 |
|  |  | Southern California Gas Co., 1st Mortgage Notes: |  |
|  | 4390000 | &nbsp;&nbsp;&nbsp;5.750% due 6/1/53 | 4453787 |
|  | 385000 | &nbsp;&nbsp;&nbsp;6.000% due 6/15/55 | 403300 |
|  |  | Southern Co. Gas Capital Corp., Company Guaranteed Notes: |  |
|  | 53000 | &nbsp;&nbsp;&nbsp;4.050% due 9/15/28 | 53034 |
|  | 410000 | &nbsp;&nbsp;&nbsp;5.100% due 9/15/35 | 414901 |
|  | 49000 | Southern Co., Junior Subordinated Notes, 6.375% (5-Year CMT Index + 2.069%) due 3/15/55<sup>(c)</sup> | 51877 |
|  |  | Southern Co., Senior Unsecured Notes: |  |
|  | 65000 | &nbsp;&nbsp;&nbsp;4.850% due 6/15/28 | 66163 |
|  | 45000 | &nbsp;&nbsp;&nbsp;5.700% due 3/15/34 | 47529 |
|  | 130000 | &nbsp;&nbsp;&nbsp;4.850% due 3/15/35 | 129483 |
|  | 456000 | Southern Power Co., Senior Unsecured Notes, 4.900% due 10/1/35 | 453145 |
|  | 193000 | Southwest Gas Corp., Senior Unsecured Notes, 2.200% due 6/15/30 | 176250 |
|  | 90000 | Southwestern Electric Power Co., Senior Unsecured Notes, 5.300% due 4/1/33 | 92627 |
|  | 40000 | Talen Energy Supply LLC, Company Guaranteed Notes, 6.250% due 2/1/34<sup>(b)</sup> | 40757 |
|  | 345000 | Trans-Allegheny Interstate Line Co., Senior Unsecured Notes, 5.000% due 1/15/31<sup>(b)</sup> | 355455 |
|  |  | Virginia Electric & Power Co., Senior Unsecured Notes: |  |
|  | 130000 | &nbsp;&nbsp;&nbsp;5.000% due 4/1/33 | 133512 |
|  | 510000 | &nbsp;&nbsp;&nbsp;5.000% due 1/15/34 | 520522 |
|  | 145000 | &nbsp;&nbsp;&nbsp;5.050% due 8/15/34 | 147972 |
|  | 580000 | &nbsp;&nbsp;&nbsp;4.900% due 9/15/35 | 581135 |
|  | 25000 | &nbsp;&nbsp;&nbsp;4.200% due 5/15/45 | 21166 |
|  | 105000 | &nbsp;&nbsp;&nbsp;5.350% due 1/15/54 | 100707 |
|  | 68000 | &nbsp;&nbsp;&nbsp;5.550% due 8/15/54 | 67354 |
|  | 155000 | &nbsp;&nbsp;&nbsp;5.650% due 3/15/55 | 155286 |
|  | 79000 | &nbsp;&nbsp;&nbsp;5.600% due 9/15/55 | 78614 |
|  | 50000 | VoltaGrid LLC, Secured Notes, 7.375% due 11/1/30<sup>(b)</sup> | 49864 |
|  | 110000 | WEC Energy Group Inc., Junior Subordinated Notes, 5.625% (5-Year CMT Index + 1.905%) due 5/15/56<sup>(c)</sup> | 111644 |
|  | 115000 | Wisconsin Power & Light Co., Senior Unsecured Notes, 5.375% due 3/30/34 | 119520 |
|  |  | Xcel Energy Inc., Senior Unsecured Notes: |  |
|  | 110000 | &nbsp;&nbsp;&nbsp;4.600% due 6/1/32 | 109900 |
|  | 365000 | &nbsp;&nbsp;&nbsp;5.600% due 4/15/35 | 380103 |
|  |  | Total Utilities | 44105812 |
|  |  | **TOTAL CORPORATE BONDS & NOTES** |  |
|  |  | (Cost - $283,865,497) | **285700184** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 16.5%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 16.5%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 16.5%** |  |
| **Asset Backed Securities - 0.5%** | **Asset Backed Securities - 0.5%** | **Asset Backed Securities - 0.5%** |  |
|  | 185866 | Cascade MH Asset Trust, Series 2021-MH1, Class A1, 1.753% due 2/25/46<sup>(b)</sup> | 169452 |
|  |  | FMC GMSR Issuer Trust: |  |
|  | 4000000 | &nbsp;&nbsp;&nbsp;Series 2021-GT1, Class A, 3.620% due 7/25/26<sup>(b)(c)</sup> | 3858281 |
|  | 3420000 | &nbsp;&nbsp;&nbsp;Series 2021-GT2, Class A, 3.850% due 10/25/26<sup>(b)(c)</sup> | 3311610 |
|  |  | Total Asset Backed Securities | 7339343 |
| **Mortgage Securities - 16.0%** | **Mortgage Securities - 16.0%** | **Mortgage Securities - 16.0%** |  |
|  | 220000 | 280 Park Avenue Mortgage Trust, Series 2017-280P, Class A, 5.152% (1-Month TSFR + 1.180%) due 9/15/34<sup>(b)(c)</sup> | 218230 |
|  | 163098 | Ajax Mortgage Loan Trust, Series 2021-C, Class A, step bond to yield, 6.115% due 1/25/61<sup>(b)</sup> | 163080 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
|  | Alternative Loan Trust: |  |
| $467813 | &nbsp;&nbsp;&nbsp;Series 2005-28CB, Class 1A7, 5.500% due 8/25/35 | $402922 |
| 3957452 | &nbsp;&nbsp;&nbsp;Series 2005-7CB, Class 2A2, 0.981% (1-Month TSFR + 4.936%) due 3/1/38<sup>(c)(h)</sup> | 252455 |
| 3957452 | &nbsp;&nbsp;&nbsp;Series 2005-7CB, Class 2A5, 4.519% (1-Month TSFR + 0.564%) due 3/1/38<sup>(c)</sup> | 2898759 |
| 3284247 | &nbsp;&nbsp;&nbsp;Series 2006-OA2, Class A1, 4.494% (1-Month TSFR + 0.534%) due 5/20/46<sup>(c)</sup> | 2994504 |
| 1749092 | &nbsp;&nbsp;&nbsp;Series 2007-4CB, Class 1A1, 4.669% (1-Month TSFR + 0.714%) due 4/25/37<sup>(c)</sup> | 1328564 |
| 6397338 | &nbsp;&nbsp;&nbsp;Series 2007-9T1, Class 2A2, 6.000% due 5/25/37 | 2600352 |
|  | Angel Oak Mortgage Trust: |  |
| 273658 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1, 0.909% due 1/25/66<sup>(b)(c)</sup> | 244957 |
| 247177 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1, 0.985% due 4/25/66<sup>(b)(c)</sup> | 220816 |
| 477470 | &nbsp;&nbsp;&nbsp;Series 2021-3, Class A1, 1.068% due 5/25/66<sup>(b)(c)</sup> | 413251 |
| 403493 | &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1, 1.035% due 1/20/65<sup>(b)(c)</sup> | 344316 |
| 582522 | &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1, 0.951% due 7/25/66<sup>(b)(c)</sup> | 505551 |
| 965762 | &nbsp;&nbsp;&nbsp;Series 2021-6, Class A1, 1.458% due 9/25/66<sup>(b)(c)</sup> | 825447 |
| 1102499 | &nbsp;&nbsp;&nbsp;Series 2022-1, Class A1, step bond to yield, 2.881% due 12/25/66<sup>(b)</sup> | 1051112 |
|  | BANK: |  |
| 9640139 | &nbsp;&nbsp;&nbsp;Series 2017-BNK4, Class XA, 1.485% due 5/15/50<sup>(c)(h)</sup> | 128048 |
| 14896676 | &nbsp;&nbsp;&nbsp;Series 2018-BN10, Class XA, 0.828% due 2/15/61<sup>(c)(h)</sup> | 181078 |
| 6397957 | &nbsp;&nbsp;&nbsp;Series 2022-BNK39, Class XA, 0.523% due 2/15/55<sup>(c)(h)</sup> | 140824 |
| 1501384 | &nbsp;&nbsp;&nbsp;Series 2023-BNK45, Class XA, 1.279% due 2/15/56<sup>(c)(h)</sup> | 86075 |
| 3453489 | &nbsp;&nbsp;&nbsp;Series 2024-BNK47, Class XA, 1.042% due 6/15/57<sup>(c)(h)</sup> | 191148 |
| 3861511 | &nbsp;&nbsp;&nbsp;Series 2024-BNK48, Class XA, 1.350% due 10/15/57<sup>(c)(h)</sup> | 310818 |
|  | BANK5: |  |
| 1033182 | &nbsp;&nbsp;&nbsp;Series 2023-5YR4, Class XA, 1.258% due 12/15/56<sup>(c)(h)</sup> | 26091 |
| 12248762 | &nbsp;&nbsp;&nbsp;Series 2024-5YR8, Class XA, 1.126% due 8/15/57<sup>(c)(h)</sup> | 353166 |
| 360000 | &nbsp;&nbsp;&nbsp;Series 2024-5YR9, Class A3, 5.614% due 8/15/57 | 375812 |
| 180000 | &nbsp;&nbsp;&nbsp;Series 2025-5YR15, Class AS, 5.762% due 7/15/58 | 187406 |
| 343000 | &nbsp;&nbsp;&nbsp;Series 2025-5YR16, Class AS, 5.751% due 8/15/63<sup>(c)</sup> | 357600 |
| 260000 | &nbsp;&nbsp;&nbsp;Series 2025-5YR17, Class AS, 5.626% due 11/15/58<sup>(c)</sup> | 269274 |
| 155000 | &nbsp;&nbsp;&nbsp;Series 2025-5YR18, Class A3, 5.145% due 12/15/58 | 159766 |
| 270000 | BANK5 Trust, Series 2024-5YR6, Class A3, 6.225% due 5/15/57 | 285375 |
|  | BBCMS Mortgage Trust: |  |
| 1416442 | &nbsp;&nbsp;&nbsp;Series 2020-C7, Class XA, 1.705% due 4/15/53<sup>(c)(h)</sup> | 62779 |
| 305000 | &nbsp;&nbsp;&nbsp;Series 2022-C15, Class A5, 3.662% due 4/15/55<sup>(c)</sup> | 286092 |
| 362000 | &nbsp;&nbsp;&nbsp;Series 2024-5C29, Class A3, 5.208% due 9/15/57 | 372865 |
| 2486054 | &nbsp;&nbsp;&nbsp;Series 2024-C24, Class XA, 1.863% due 2/15/57<sup>(c)(h)</sup> | 233811 |
| 3673760 | &nbsp;&nbsp;&nbsp;Series 2024-C26, Class XA, 1.241% due 5/15/57<sup>(c)(h)</sup> | 260199 |
| 2422046 | &nbsp;&nbsp;&nbsp;Series 2024-C28, Class XA, 1.326% due 9/15/57<sup>(c)(h)</sup> | 181649 |
| 259000 | &nbsp;&nbsp;&nbsp;Series 2025-5C37, Class AS, 5.382% due 9/15/58<sup>(c)</sup> | 265520 |
| 252000 | &nbsp;&nbsp;&nbsp;Series 2025-5C38, Class AS, 5.476% due 11/15/58 | 260774 |
| 1957693 | &nbsp;&nbsp;&nbsp;Series 2025-C32, Class XA, 1.356% due 2/15/62<sup>(c)(h)</sup> | 162947 |
| 1724425 | Bear Stearns ALT-A Trust, Series 2006-1, Class 21A2, 4.498% due 2/25/36<sup>(c)</sup> | 1207771 |
|  | Benchmark Mortgage Trust: |  |
| 2328259 | &nbsp;&nbsp;&nbsp;Series 2020-B22, Class XA, 1.604% due 1/15/54<sup>(c)(h)</sup> | 142139 |
| 2375000 | &nbsp;&nbsp;&nbsp;Series 2022-B35, Class A5, 4.591% due 5/15/55<sup>(c)</sup> | 2340660 |
| 6195462 | &nbsp;&nbsp;&nbsp;Series 2023-B39, Class XA, 0.722% due 7/15/56<sup>(c)(h)</sup> | 218836 |
| 1696247 | &nbsp;&nbsp;&nbsp;Series 2023-B40, Class XA, 1.428% due 12/15/56<sup>(c)(h)</sup> | 92325 |
| 262000 | &nbsp;&nbsp;&nbsp;Series 2024-V10, Class AS, 5.725% due 9/15/57<sup>(c)</sup> | 270297 |
| 260000 | &nbsp;&nbsp;&nbsp;Series 2024-V6, Class A3, 5.926% due 3/15/57 | 272416 |
| 262000 | &nbsp;&nbsp;&nbsp;Series 2024-V6, Class AS, 6.384% due 3/15/57 | 274632 |
| 358000 | &nbsp;&nbsp;&nbsp;Series 2024-V9, Class A3, 5.602% due 8/15/57 | 373090 |
| 180000 | &nbsp;&nbsp;&nbsp;Series 2025-V16, Class A3, 5.439% due 8/15/58<sup>(c)</sup> | 187775 |
| 346000 | &nbsp;&nbsp;&nbsp;Series 2025-V17, Class AM, 5.425% due 9/15/58<sup>(c)</sup> | 355566 |
| 260000 | &nbsp;&nbsp;&nbsp;Series 2025-V18, Class AS, 5.593% due 10/15/58 | 269100 |
| 170000 | BFLD Trust, Series 2025-FPM, Class A, 5.178% due 10/10/40<sup>(b)(c)</sup> | 172769 |
| 266359 | BINOM Securitization Trust, Series 2021-INV1, Class A1, 2.034% due 6/25/56<sup>(b)(c)</sup> | 245614 |
|  | BMO Mortgage Trust: |  |
| 361000 | &nbsp;&nbsp;&nbsp;Series 2024-5C6, Class A3, 5.316% due 9/15/57 | 372655 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
| $232000 | &nbsp;&nbsp;&nbsp;Series 2024-5C7, Class AS, 5.888% due 11/15/57<sup>(c)</sup> | $239228 |
| 3405198 | &nbsp;&nbsp;&nbsp;Series 2024-C9, Class XA, 1.078% due 7/15/57<sup>(c)(h)</sup> | 213784 |
| 261000 | &nbsp;&nbsp;&nbsp;Series 2025-5C12, Class AS, 5.557% due 10/15/58 | 268898 |
| 1410000 | BOCA Commercial Mortgage Trust, Series 2024-BOCA, Class A, 5.880% (1-Month TSFR + 1.921%) due 8/15/41<sup>(b)(c)</sup> | 1411760 |
| 620000 | BPR Trust, Series 2024-PMDW, Class A, 5.358% due 11/5/41<sup>(b)(c)</sup> | 636553 |
| 130005 | BRAVO Residential Funding Trust, Series 2021-NQM1, Class A1, 0.941% due 2/25/49<sup>(b)(c)</sup> | 122359 |
| 130000 | BSTN Commercial Mortgage Trust, Series 2025-HUB, Class A, 5.062% due 4/13/41<sup>(b)(c)</sup> | 131492 |
| 695000 | BWAY Trust, Series 2025-1535, Class A, 6.519% due 5/5/42<sup>(b)(c)</sup> | 722470 |
|  | BX: |  |
| 175000 | &nbsp;&nbsp;&nbsp;Series 2021-MFM1, Class D, 5.573% (1-Month TSFR + 1.614%) due 1/15/34<sup>(b)(c)</sup> | 174895 |
| 3375000 | &nbsp;&nbsp;&nbsp;Series 2024-PALM, Class B, 5.750% (1-Month TSFR + 1.791%) due 6/15/37<sup>(b)(c)</sup> | 3356303 |
|  | BX Commercial Mortgage Trust: |  |
| 2205449 | &nbsp;&nbsp;&nbsp;Series 2024-MDHS, Class B, 5.800% (1-Month TSFR + 1.841%) due 5/15/41<sup>(b)(c)</sup> | 2206823 |
| 3030000 | &nbsp;&nbsp;&nbsp;Series 2025-JDI, Class A, 5.400% (1-Month TSFR + 1.400%) due 11/15/42<sup>(b)(c)</sup> | 3033782 |
|  | BX Trust: |  |
| 200000 | &nbsp;&nbsp;&nbsp;Series 2019-OC11, Class E, 4.075% due 12/9/41<sup>(b)(c)</sup> | 184722 |
| 280000 | &nbsp;&nbsp;&nbsp;Series 2024-PAT, Class A, 6.049% (1-Month TSFR + 2.090%) due 3/15/41<sup>(b)(c)</sup> | 280000 |
| 182000 | BXP Trust, Series 2017-GM, Class B, 3.539% due 6/13/39<sup>(b)(c)</sup> | 177695 |
| 14999136 | CD Mortgage Trust, Series 2017-CD4, Class XA, 1.370% due 5/10/50<sup>(c)(h)</sup> | 163293 |
| 240000 | CEDR Commercial Mortgage Trust, Series 2022-SNAI, Class A, 4.947% (1-Month TSFR + 0.988%) due 2/15/39<sup>(b)(c)</sup> | 236554 |
| 326000 | CENT, Series 2025-CITY, Class A, 5.091% due 7/10/40<sup>(b)(c)</sup> | 331747 |
| 693337 | CIM Trust, Series 2021-R6, Class A1, 1.425% due 7/25/61<sup>(b)(c)</sup> | 631262 |
|  | Citigroup Commercial Mortgage Trust: |  |
| 233361 | &nbsp;&nbsp;&nbsp;Series 2015-GC31, Class A4, 3.762% due 6/10/48 | 229426 |
| 8345289 | &nbsp;&nbsp;&nbsp;Series 2015-GC35, Class XA, 0.778% due 11/10/48<sup>(c)(h)</sup> | 4103 |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2016-P4, Class B, 3.377% due 7/10/49 | 379341 |
| 170000 | &nbsp;&nbsp;&nbsp;Series 2020-555, Class A, 2.647% due 12/10/41<sup>(b)</sup> | 155386 |
| 2195000 | &nbsp;&nbsp;&nbsp;Series 2023-SMRT, Class B, 6.048% due 10/12/40<sup>(b)(c)</sup> | 2243650 |
|  | COLT Mortgage Loan Trust: |  |
| 384696 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1, 0.910% due 6/25/66<sup>(b)(c)</sup> | 335792 |
| 414861 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1, 0.924% due 8/25/66<sup>(b)(c)</sup> | 353015 |
| 726713 | &nbsp;&nbsp;&nbsp;Series 2021-3, Class A1, 0.956% due 9/27/66<sup>(b)(c)</sup> | 616675 |
| 1057068 | &nbsp;&nbsp;&nbsp;Series 2021-HX1, Class A1, 1.110% due 10/25/66<sup>(b)(c)</sup> | 919193 |
| 1020179 | &nbsp;&nbsp;&nbsp;Series 2022-1, Class A1, 2.284% due 12/27/66<sup>(b)(c)</sup> | 926119 |
|  | Commercial Mortgage Trust: |  |
| 203000 | &nbsp;&nbsp;&nbsp;Series 2022-HC, Class A, 2.819% due 1/10/39<sup>(b)</sup> | 195569 |
| 300000 | &nbsp;&nbsp;&nbsp;Series 2022-HC, Class C, 3.376% due 1/10/39<sup>(b)</sup> | 284677 |
| 370000 | &nbsp;&nbsp;&nbsp;Series 2024-277P, Class A, 6.338% due 8/10/44<sup>(b)</sup> | 390421 |
| 255000 | &nbsp;&nbsp;&nbsp;Series 2024-CBM, Class A2, 5.867% due 12/10/41<sup>(b)(c)</sup> | 260558 |
| 230000 | Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M2, 5.872% (SOFR30A + 1.800%) due 2/25/44<sup>(b)(c)</sup> | 230862 |
|  | Credit Suisse Commercial Mortgage Capital Trust: |  |
| 934800 | &nbsp;&nbsp;&nbsp;Series 2018-RPL9, Class A, 3.850% due 9/25/57<sup>(b)(c)</sup> | 907164 |
| 298907 | &nbsp;&nbsp;&nbsp;Series 2021-AFC1, Class A1, 0.830% due 3/25/56<sup>(b)(c)</sup> | 256930 |
| 391844 | &nbsp;&nbsp;&nbsp;Series 2021-NQM5, Class A1, 0.938% due 5/25/66<sup>(b)(c)</sup> | 335431 |
| 2358510 | &nbsp;&nbsp;&nbsp;Series 2021-RPL3, Class A1, 2.000% due 1/25/60<sup>(b)(c)</sup> | 2106298 |
| 276592 | &nbsp;&nbsp;&nbsp;Series 2021-RPL4, Class A1, 4.144% due 12/27/60<sup>(b)(c)</sup> | 275501 |
| 1291092 | CSFB Mortgage-Backed Pass-Through Certificates, Series 2005-9, Class 5A6, 5.500% due 10/25/35 | 629123 |
|  | CSMC: |  |
| 763969 | &nbsp;&nbsp;&nbsp;Series 2010-8R, Class 5A11, 5.561% due 2/26/37<sup>(b)(c)</sup> | 774696 |
| 157768 | &nbsp;&nbsp;&nbsp;Series 2021-B33, Class A1, 3.053% due 10/10/43<sup>(b)</sup> | 151089 |
| 109437 | &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1, 0.809% due 5/25/65<sup>(b)(c)</sup> | 99850 |
| 536274 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1, 1.179% due 2/25/66<sup>(b)(c)</sup> | 482430 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
| $626194 | &nbsp;&nbsp;&nbsp;Series 2021-NQM4, Class A1, 1.101% due 5/25/66<sup>(b)(c)</sup> | $547964 |
| 483875 | &nbsp;&nbsp;&nbsp;Series 2021-NQM8, Class A1, 2.841% due 10/25/66<sup>(b)(c)</sup> | 444062 |
| 999328 | Csmc Trust, Series 2021-NQM6, Class A1, 1.174% due 7/25/66<sup>(b)(c)</sup> | 860458 |
|  | DBJPM Mortgage Trust: |  |
| 21195000 | &nbsp;&nbsp;&nbsp;Series 2017-C6, Class XB, 0.362% due 6/10/50<sup>(c)(h)</sup> | 86115 |
| 1756770 | &nbsp;&nbsp;&nbsp;Series 2020-C9, Class XA, 1.699% due 9/15/53<sup>(c)(h)</sup> | 76660 |
| 300000 | DC Trust, Series 2024-HLTN, Class A, 5.933% due 4/13/40<sup>(b)(c)</sup> | 303952 |
|  | Deephaven Residential Mortgage Trust: |  |
| 53571 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1, 0.715% due 5/25/65<sup>(b)(c)</sup> | 51524 |
| 163713 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1, 0.899% due 4/25/66<sup>(b)(c)</sup> | 145982 |
| 180000 | Del Amo Fashion Center Trust, Series 2017-AMO, Class A, 3.757% due 6/5/35<sup>(b)(c)</sup> | 174630 |
| 3560652 | DSLA Mortgage Loan Trust, Series 2005-AR4, Class 1A, 4.768% (1-Month TSFR + 0.634%) due 8/19/45<sup>(c)</sup> | 2802627 |
| 180000 | Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% due 8/10/42<sup>(b)(c)</sup> | 183930 |
|  | Ellington Financial Mortgage Trust: |  |
| 67246 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1, 0.797% due 2/25/66<sup>(b)(c)</sup> | 59056 |
| 179650 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1, 0.931% due 6/25/66<sup>(b)(c)</sup> | 153303 |
|  | Federal Home Loan Mortgage Corp. (FHLMC). REMICS: |  |
| 3952231 | &nbsp;&nbsp;&nbsp;Series 4223, Class SB, 0.214% (SOFR30A + 5.293%) due 7/15/43<sup>(c)</sup> | 2848796 |
| 515307 | &nbsp;&nbsp;&nbsp;Series 4447, Class IO, 5.000% due 3/15/45<sup>(h)</sup> | 103776 |
| 137292 | &nbsp;&nbsp;&nbsp;Series 4518, Class CZ, 3.500% due 10/15/45 | 131393 |
| 161375 | &nbsp;&nbsp;&nbsp;Series 4751, Class PL, 3.000% due 12/15/47 | 137010 |
| 3332095 | &nbsp;&nbsp;&nbsp;Series 4892, Class ES, 1.964% (SOFR30A + 6.036%) due 7/25/45<sup>(c)(h)</sup> | 399708 |
| 7129694 | &nbsp;&nbsp;&nbsp;Series 4957, Class PB, 2.500% due 3/25/50 | 6151771 |
| 291883 | &nbsp;&nbsp;&nbsp;Series 5018, Class LW, 1.000% due 10/25/40 | 252232 |
| 10089105 | &nbsp;&nbsp;&nbsp;Series 5068, Class UZ, 2.500% due 1/25/51 | 6598810 |
| 627330 | &nbsp;&nbsp;&nbsp;Series 5083, Class AI, 2.500% due 3/25/51<sup>(h)</sup> | 93319 |
| 1208392 | &nbsp;&nbsp;&nbsp;Series 5092, Class WI, 2.500% due 4/25/36<sup>(h)</sup> | 105823 |
| 5317281 | &nbsp;&nbsp;&nbsp;Series 5131, Class IG, 3.500% due 8/25/51<sup>(h)</sup> | 967947 |
| 708784 | &nbsp;&nbsp;&nbsp;Series 5169, Class IO, 3.000% due 9/25/51<sup>(h)</sup> | 115131 |
| 582985 | &nbsp;&nbsp;&nbsp;Series 5178, Class IO, 4.000% due 3/25/45<sup>(h)</sup> | 95704 |
| 451229 | &nbsp;&nbsp;&nbsp;Series 5201, Class PA, 2.500% due 3/25/52 | 410269 |
| 1241188 | &nbsp;&nbsp;&nbsp;Series 5537, Class CS, 1.678% (SOFR30A + 5.750%) due 5/25/55<sup>(c)(h)</sup> | 78242 |
|  | Federal National Mortgage Association (FNMA), Aces: |  |
| 30084078 | &nbsp;&nbsp;&nbsp;Series 2020-M12, Class IO, 1.401% due 7/25/29<sup>(c)(h)</sup> | 996048 |
| 8965111 | &nbsp;&nbsp;&nbsp;Series 2020-M15, Class X1, 1.563% due 9/25/31<sup>(c)(h)</sup> | 534425 |
| 20550094 | &nbsp;&nbsp;&nbsp;Series 2020-M7, Class X2, 1.328% due 3/25/31<sup>(c)(h)</sup> | 816885 |
| 4134972 | &nbsp;&nbsp;&nbsp;Series 2022-M4, Class A1X, 2.539% due 5/25/30<sup>(c)</sup> | 3970217 |
| 6369528 | &nbsp;&nbsp;&nbsp;Series 2022-M5, Class A1, 2.414% due 1/1/34<sup>(c)</sup> | 6030770 |
| 6844000 | &nbsp;&nbsp;&nbsp;Series 2025-M1, Class A2, 4.700% due 1/25/35<sup>(c)</sup> | 6895783 |
|  | Federal National Mortgage Association (FNMA), Interest Strip: |  |
| 1052530 | &nbsp;&nbsp;&nbsp;Series 426, Class C38, 2.000% due 3/25/52<sup>(h)</sup> | 132535 |
| 8164023 | &nbsp;&nbsp;&nbsp;Series 427, Class C28, 2.500% due 10/25/50<sup>(h)</sup> | 1324328 |
| 855937 | &nbsp;&nbsp;&nbsp;Series 429, Class C3, 2.500% due 9/25/52<sup>(h)</sup> | 133825 |
| 874797 | &nbsp;&nbsp;&nbsp;Series 437, Class C8, 2.500% due 6/25/52<sup>(h)</sup> | 134535 |
|  | Federal National Mortgage Association (FNMA), REMICS: |  |
| 471000 | &nbsp;&nbsp;&nbsp;Series 2011-142, Class PE, 3.500% due 1/25/42 | 451144 |
| 93186 | &nbsp;&nbsp;&nbsp;Series 2011-51, Class TO, 0.000% due 6/25/41<sup>(i)</sup> | 71684 |
| 104119 | &nbsp;&nbsp;&nbsp;Series 2013-2, Class MA, 3.500% due 2/25/43 | 100345 |
| 715347 | &nbsp;&nbsp;&nbsp;Series 2013-72, Class IW, 3.500% due 7/25/33<sup>(h)</sup> | 42388 |
| 296709 | &nbsp;&nbsp;&nbsp;Series 2015-55, Class PD, 2.500% due 3/25/43 | 292211 |
| 423851 | &nbsp;&nbsp;&nbsp;Series 2016-3, Class MI, 5.500% due 2/25/46<sup>(h)</sup> | 58177 |
| 546800 | &nbsp;&nbsp;&nbsp;Series 2016-43, Class GZ, 3.000% due 7/25/46 | 496281 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
| $841336 | &nbsp;&nbsp;&nbsp;Series 2017-105, Class ZE, 3.000% due 1/25/48 | $694042 |
| 317114 | &nbsp;&nbsp;&nbsp;Series 2020-35, Class AI, 3.000% due 6/25/50<sup>(h)</sup> | 50858 |
| 568400 | &nbsp;&nbsp;&nbsp;Series 2020-37, Class IM, 4.000% due 6/25/50<sup>(h)</sup> | 114659 |
| 473665 | &nbsp;&nbsp;&nbsp;Series 2020-74, Class HI, 5.500% due 10/25/50<sup>(h)</sup> | 82279 |
| 610926 | &nbsp;&nbsp;&nbsp;Series 2020-77, Class HI, 4.000% due 11/25/50<sup>(h)</sup> | 125682 |
| 1407549 | &nbsp;&nbsp;&nbsp;Series 2020-99, Class KI, 1.500% due 11/25/35<sup>(h)</sup> | 65479 |
| 827542 | &nbsp;&nbsp;&nbsp;Series 2021-3, Class NI, 2.500% due 2/25/51<sup>(h)</sup> | 125690 |
| 825688 | &nbsp;&nbsp;&nbsp;Series 2021-3, Class TI, 2.500% due 2/25/51<sup>(h)</sup> | 140945 |
| 802767 | &nbsp;&nbsp;&nbsp;Series 2021-95, Class GI, 3.000% due 1/25/52<sup>(h)</sup> | 128049 |
| 10390191 | &nbsp;&nbsp;&nbsp;Series 2021-95, Class ZV, 2.500% due 1/25/52 | 6298395 |
| 697664 | &nbsp;&nbsp;&nbsp;Series 2022-3, Class PI, 3.000% due 1/25/52<sup>(h)</sup> | 98634 |
| 286396 | &nbsp;&nbsp;&nbsp;Series 2022-5, Class AB, 2.000% due 3/25/50 | 250477 |
| 7845596 | &nbsp;&nbsp;&nbsp;Series 2023-36, Class IO, 2.500% due 10/25/52<sup>(h)</sup> | 1222357 |
| 1224699 | &nbsp;&nbsp;&nbsp;Series 2024-70, Class SA, 1.878% (SOFR30A + 5.950%) due 10/25/54<sup>(c)(h)</sup> | 67083 |
| 796213 | &nbsp;&nbsp;&nbsp;Series 2025-19, Class SC, 1.768% (SOFR30A + 5.840%) due 3/25/55<sup>(c)(h)</sup> | 45870 |
| 402854 | &nbsp;&nbsp;&nbsp;Series 2025-3, Class BA, 5.500% due 3/25/52 | 407942 |
| 366045 | &nbsp;&nbsp;&nbsp;Series 2025-3, Class DA, 5.500% due 4/25/52 | 371366 |
| 361155 | &nbsp;&nbsp;&nbsp;Series 2025-34, Class BA, 5.000% due 12/25/51 | 362589 |
|  | Freddie Mac Multifamily Structured Pass-Through Certificates: |  |
| 100441231 | &nbsp;&nbsp;&nbsp;Series K064, Class X1, 0.722% due 3/25/27<sup>(c)(h)</sup> | 592774 |
| 26262408 | &nbsp;&nbsp;&nbsp;Series K066, Class X1, 0.864% due 6/25/27<sup>(c)(h)</sup> | 219204 |
| 2042502 | &nbsp;&nbsp;&nbsp;Series K118, Class X1, 1.042% due 9/25/30<sup>(c)(h)</sup> | 77477 |
| 5032264 | &nbsp;&nbsp;&nbsp;Series K124, Class X1, 0.805% due 12/25/30<sup>(c)(h)</sup> | 152657 |
| 53300068 | &nbsp;&nbsp;&nbsp;Series K125, Class X1, 0.667% due 1/25/31<sup>(c)(h)</sup> | 1300783 |
| 30394732 | &nbsp;&nbsp;&nbsp;Series K129, Class X1, 1.136% due 5/25/31<sup>(c)(h)</sup> | 1295548 |
| 27613981 | &nbsp;&nbsp;&nbsp;Series K130, Class X1, 1.141% due 6/25/31<sup>(c)(h)</sup> | 1301809 |
| 31244930 | &nbsp;&nbsp;&nbsp;Series K132, Class X1, 0.605% due 8/25/31<sup>(c)(h)</sup> | 773159 |
| 5565000 | &nbsp;&nbsp;&nbsp;Series K-158, Class A2, 4.050% due 7/25/33 | 5510465 |
| 1770219 | &nbsp;&nbsp;&nbsp;Series K-162, Class X1, 0.570% due 12/25/33<sup>(c)(h)</sup> | 50178 |
| 2994239 | &nbsp;&nbsp;&nbsp;Series K-164, Class X1, 0.470% due 5/25/34<sup>(c)(h)</sup> | 71920 |
| 46095115 | &nbsp;&nbsp;&nbsp;Series K-165, Class X1, 0.785% due 9/25/34<sup>(c)(h)</sup> | 2118785 |
| 1572455 | &nbsp;&nbsp;&nbsp;Series K-170, Class X1, 0.399% due 2/25/35<sup>(c)(h)</sup> | 31203 |
| 266687145 | &nbsp;&nbsp;&nbsp;Series K-173, Class X1, 0.205% due 9/25/35<sup>(c)(h)</sup> | 1980525 |
| 2346839 | &nbsp;&nbsp;&nbsp;Series K753, Class X1, 0.401% due 10/25/30<sup>(c)(h)</sup> | 29363 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series Q001, Class A3, 3.815% due 2/25/32 | 1469708 |
|  | Freddie Mac Seasoned Credit Risk Transfer Trust: |  |
| 238976 | &nbsp;&nbsp;&nbsp;Series 2019-1, Class MA, 3.500% due 7/25/58 | 233053 |
| 536160 | &nbsp;&nbsp;&nbsp;Series 2020-1, Class MT, 2.500% due 8/25/59 | 445561 |
| 5250968 | &nbsp;&nbsp;&nbsp;Series 2020-2, Class MT, 2.000% due 11/25/59 | 4237471 |
| 4845122 | &nbsp;&nbsp;&nbsp;Series 2020-3, Class M5TW, 3.000% due 5/25/60 | 4388228 |
|  | Freddie Mac STACR REMIC Trust: |  |
| 1040000 | &nbsp;&nbsp;&nbsp;Series 2021-DNA6, Class B1, 7.472% (SOFR30A + 3.400%) due 10/25/41<sup>(b)(c)</sup> | 1058855 |
| 550000 | &nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class M1B, 7.422% (SOFR30A + 3.350%) due 5/25/42<sup>(b)(c)</sup> | 568150 |
| 245000 | &nbsp;&nbsp;&nbsp;Series 2022-DNA7, Class M1B, 9.072% (SOFR30A + 5.000%) due 3/25/52<sup>(b)(c)</sup> | 261745 |
| 570000 | &nbsp;&nbsp;&nbsp;Series 2022-HQA3, Class M1B, 7.622% (SOFR30A + 3.550%) due 8/25/42<sup>(b)(c)</sup> | 595387 |
|  | Freddie Mac Strips: |  |
| 530841 | &nbsp;&nbsp;&nbsp;Series 303, Class C10, 3.500% due 1/15/33<sup>(h)</sup> | 41587 |
| 799612 | &nbsp;&nbsp;&nbsp;Series 375, Class C1, 2.500% due 1/25/51<sup>(h)</sup> | 118150 |
| 715903 | &nbsp;&nbsp;&nbsp;Series 386, Class C14, 2.500% due 3/15/52<sup>(h)</sup> | 114999 |
| 2185441 | &nbsp;&nbsp;&nbsp;Series 389, Class C1, 1.500% due 5/15/37<sup>(h)</sup> | 112861 |
| 1107686 | &nbsp;&nbsp;&nbsp;Series 389, Class C35, 2.000% due 6/15/52<sup>(h)</sup> | 146516 |
| 887107 | &nbsp;&nbsp;&nbsp;Series 405, Class C17, 2.500% due 8/25/52<sup>(h)</sup> | 138350 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
|  | GCAT Trust: |  |
| $313259 | &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1, 0.874% due 1/25/66<sup>(b)(c)</sup> | $280999 |
| 354257 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1, 1.036% due 5/25/66<sup>(b)(c)</sup> | 309667 |
| 450938 | &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1, 1.091% due 5/25/66<sup>(b)(c)</sup> | 398171 |
| 676727 | &nbsp;&nbsp;&nbsp;Series 2021-NQM4, Class A1, 1.093% due 8/25/66<sup>(b)(c)</sup> | 569189 |
| 962234 | &nbsp;&nbsp;&nbsp;Series 2021-NQM5, Class A1, 1.262% due 7/25/66<sup>(b)(c)</sup> | 821880 |
| 302279 | &nbsp;&nbsp;&nbsp;Series 2021-NQM7, Class A1, 1.915% due 8/25/66<sup>(b)(c)</sup> | 282271 |
|  | Government National Mortgage Association (GNMA): |  |
| 584506 | &nbsp;&nbsp;&nbsp;Series 2012-116, Class IB, 4.000% due 9/16/42<sup>(h)</sup> | 122405 |
| 1056127 | &nbsp;&nbsp;&nbsp;Series 2012-32, Class Z, 3.500% due 3/20/42 | 991159 |
| 635559 | &nbsp;&nbsp;&nbsp;Series 2014-12, Class ZB, 3.000% due 1/16/44 | 591092 |
| 465979 | &nbsp;&nbsp;&nbsp;Series 2014-46, Class IO, 5.000% due 3/16/44<sup>(h)</sup> | 62484 |
| 362436 | &nbsp;&nbsp;&nbsp;Series 2019-5, Class JI, 5.000% due 7/16/44<sup>(h)</sup> | 55671 |
| 6852268 | &nbsp;&nbsp;&nbsp;Series 2020-151, Class MI, 2.500% due 10/20/50<sup>(h)</sup> | 990773 |
| 20546275 | &nbsp;&nbsp;&nbsp;Series 2020-173, Class JI, 2.000% due 11/20/50<sup>(h)</sup> | 2373395 |
| 14473394 | &nbsp;&nbsp;&nbsp;Series 2021-129, Class IO, 0.983% due 6/16/63<sup>(c)(h)</sup> | 1028611 |
| 8919974 | &nbsp;&nbsp;&nbsp;Series 2021-137, Class IQ, 3.000% due 8/20/51<sup>(h)</sup> | 1503909 |
| 20619623 | &nbsp;&nbsp;&nbsp;Series 2021-184, Class IO, 0.885% due 12/16/61<sup>(c)(h)</sup> | 1401409 |
| 694497 | &nbsp;&nbsp;&nbsp;Series 2021-215, Class KA, 2.500% due 10/20/49 | 628785 |
| 11606115 | &nbsp;&nbsp;&nbsp;Series 2021-30, Class IB, 2.500% due 2/20/51<sup>(h)</sup> | 1751644 |
| 16361122 | &nbsp;&nbsp;&nbsp;Series 2021-35, Class IO, 1.034% due 12/16/62<sup>(c)(h)</sup> | 1193757 |
| 18287087 | &nbsp;&nbsp;&nbsp;Series 2021-52, Class IO, 0.722% due 4/16/63<sup>(c)(h)</sup> | 1004824 |
| 13246092 | &nbsp;&nbsp;&nbsp;Series 2021-58, Class SL, 0.000% (1-Month TSFR + 3.636%) due 4/20/51<sup>(c)(h)</sup> | 340791 |
| 3705792 | &nbsp;&nbsp;&nbsp;Series 2021-77, Class EA, 1.000% due 7/20/50 | 2901302 |
| 12726762 | &nbsp;&nbsp;&nbsp;Series 2021-77, Class IT, 2.500% due 5/20/51<sup>(h)</sup> | 2206421 |
| 18070512 | &nbsp;&nbsp;&nbsp;Series 2021-79, Class IO, 0.867% due 8/16/63<sup>(c)(h)</sup> | 1175751 |
| 6531703 | &nbsp;&nbsp;&nbsp;Series 2022-213, Class DO, 0.000% due 1/20/52<sup>(i)</sup> | 1773218 |
| 366224 | &nbsp;&nbsp;&nbsp;Series 2022-24, Class GA, 3.000% due 2/20/52 | 342661 |
| 26843086 | &nbsp;&nbsp;&nbsp;Series 2022-49, Class IO, 0.756% due 3/16/64<sup>(c)(h)</sup> | 1361991 |
| 13162120 | &nbsp;&nbsp;&nbsp;Series 2022-61, Class EI, 3.000% due 7/20/51<sup>(h)</sup> | 2143863 |
| 7110368 | &nbsp;&nbsp;&nbsp;Series 2022-64, Class IO, 2.500% due 2/20/50<sup>(h)</sup> | 732788 |
| 30106221 | &nbsp;&nbsp;&nbsp;Series 2022-80, Class IO, 0.594% due 6/16/64<sup>(c)(h)</sup> | 1454793 |
| 27562806 | &nbsp;&nbsp;&nbsp;Series 2022-82, Class IO, 0.540% due 2/16/64<sup>(c)(h)</sup> | 1292078 |
| 23743218 | &nbsp;&nbsp;&nbsp;Series 2024-29, Class AI, 0.726% due 10/16/65<sup>(c)(h)</sup> | 1381663 |
| 1405000 | GS Mortgage Securities Corp. II, Series 2024-70P, Class A, 5.487% due 3/10/41<sup>(b)(c)</sup> | 1421270 |
|  | GS Mortgage Securities Corp. Trust: |  |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR, Class D, 5.856% (1-Month TSFR + 1.897%) due 7/15/31<sup>(b)(c)</sup> | 53808 |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR, Class E, 6.356% (1-Month TSFR + 2.397%) due 7/15/31<sup>(b)(c)</sup> | 39808 |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR, Class F, 7.056% (1-Month TSFR + 3.097%) due 7/15/31<sup>(b)(c)</sup> | 35808 |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2018-TWR, Class G, 8.181% (1-Month TSFR + 4.222%) due 7/15/31<sup>(b)(c)</sup> | 31808 |
|  | GS Mortgage Securities Trust: |  |
| 9389963 | &nbsp;&nbsp;&nbsp;Series 2017-GS7, Class XA, 1.168% due 8/10/50<sup>(c)(h)</sup> | 117094 |
| 1400000 | &nbsp;&nbsp;&nbsp;Series 2018-GS9, Class A4, 3.992% due 3/10/51<sup>(c)</sup> | 1391517 |
| 350000 | &nbsp;&nbsp;&nbsp;Series 2018-GS9, Class C, 4.489% due 3/10/51<sup>(c)</sup> | 319543 |
| 344839 | HIH Trust, Series 2024-61P, Class A, 5.801% (1-Month TSFR + 1.842%) due 10/15/41<sup>(b)(c)</sup> | 345701 |
| 1303990 | Homes Trust, Series 2023-NQM2, Class A1, step bond to yield, 6.456% due 2/25/68<sup>(b)</sup> | 1307445 |
| 320000 | HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 6.071% due 5/10/39<sup>(b)(c)</sup> | 323799 |
| 170000 | ILPT Commercial Mortgage Trust, Series 2025-LPF2, Class D, 6.725% due 7/13/42<sup>(b)(c)</sup> | 174991 |
|  | Imperial Fund Mortgage Trust: |  |
| 356289 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1, 1.073% due 9/25/56<sup>(b)(c)</sup> | 303436 |
| 699918 | &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1, 1.595% due 11/25/56<sup>(b)(c)</sup> | 608400 |
| 1158095 | &nbsp;&nbsp;&nbsp;Series 2022-NQM2, Class A1, step bond to yield, 3.638% due 3/25/67<sup>(b)</sup> | 1110506 |
| 395000 | INT Commercial Mortgage Trust, Series 2025-PLAZA, Class A, 4.879% due 11/5/37<sup>(b)(c)</sup> | 398240 |
| 1950000 | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2019-OSB, Class A, 3.397% due 6/5/39<sup>(b)</sup> | 1847552 |
|  | JP Morgan Mortgage Trust: |  |
| 6342106 | &nbsp;&nbsp;&nbsp;Series 2006-S4, Class A7, 6.000% due 1/25/37 | 2278799 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
| $1437226 | &nbsp;&nbsp;&nbsp;Series 2021-3, Class B1, 2.933% due 7/25/51<sup>(b)(c)</sup> | $1227307 |
| 411998 | JPMBB Commercial Mortgage Securities Trust, Series 2016-C1, Class A5, 3.576% due 3/17/49 | 411081 |
| 1100000 | JPMCC Commercial Mortgage Securities Trust, Series 2017-JP6, Class A5, 3.490% due 7/15/50 | 1076516 |
| 2885905 | KIND Trust, Series 2021-KIND, Class A, 5.030% (1-Month TSFR + 1.064%) due 8/15/38<sup>(b)(c)</sup> | 2868067 |
|  | Legacy Mortgage Asset Trust: |  |
| 263268 | &nbsp;&nbsp;&nbsp;Series 2021-GS2, Class A1, step bond to yield, 5.750% due 4/25/61<sup>(b)</sup> | 263281 |
| 363069 | &nbsp;&nbsp;&nbsp;Series 2021-GS3, Class A1, step bond to yield, 5.750% due 7/25/61<sup>(b)</sup> | 363062 |
| 177340 | &nbsp;&nbsp;&nbsp;Series 2021-GS4, Class A1, step bond to yield, 5.650% due 11/25/60<sup>(b)</sup> | 177468 |
| 2179526 | Lehman XS Trust, Series 2007-4N, Class 1A3, 4.549% (1-Month TSFR + 0.594%) due 3/25/47<sup>(c)</sup> | 1935857 |
| 2400000 | Life Mortgage Trust, Series 2022-BMR2, Class D, 6.501% (1-Month TSFR + 2.542%) due 5/15/39<sup>(b)(c)</sup> | 1851696 |
|  | MAD Commercial Mortgage Trust: |  |
| 895000 | &nbsp;&nbsp;&nbsp;Series 2025-11MD, Class A, 4.912% due 10/15/42<sup>(b)(c)</sup> | 899267 |
| 170000 | &nbsp;&nbsp;&nbsp;Series 2025-11MD, Class C, 5.818% due 10/15/42<sup>(b)(c)</sup> | 172219 |
| 5937472 | Merrill Lynch Mortgage Investors Trust, Series 2006-AF1, Class AF1, 5.750% due 8/25/36 | 2446758 |
|  | MFA Trust: |  |
| 154988 | &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1, 1.153% due 4/25/65<sup>(b)(c)</sup> | 146434 |
| 247829 | &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1, 1.029% due 11/25/64<sup>(b)(c)</sup> | 220155 |
| 112000 | MHC Trust, Series 2021-MHC2, Class D, 5.573% (1-Month TSFR + 1.614%) due 5/15/38<sup>(b)(c)</sup> | 111966 |
|  | Morgan Stanley Capital I Trust: |  |
| 12903837 | &nbsp;&nbsp;&nbsp;Series 2016-UB11, Class XA, 1.563% due 8/15/49<sup>(c)(h)</sup> | 52959 |
| 10911226 | &nbsp;&nbsp;&nbsp;Series 2016-UB12, Class XA, 0.760% due 12/15/49<sup>(c)(h)</sup> | 33145 |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2019-H7, Class AS, 3.524% due 7/15/52 | 381615 |
| 20342533 | &nbsp;&nbsp;&nbsp;Series 2019-L3, Class XA, 0.724% due 11/15/52<sup>(c)(h)</sup> | 415195 |
| 400000 | &nbsp;&nbsp;&nbsp;Series 2020-L4, Class B, 3.082% due 2/15/53 | 363288 |
| 344337 | &nbsp;&nbsp;&nbsp;Series 2024-NSTB, Class A, 3.900% due 9/24/57<sup>(b)(c)</sup> | 339247 |
| 169999 | MSBAM Commercial Mortgage Securities Trust, Series 2012-CKSV, Class A2, 3.277% due 10/15/30<sup>(b)</sup> | 161924 |
| 797242 | MSWF Commercial Mortgage Trust, Series 2023-2, Class XA, 1.141% due 12/15/56<sup>(c)(h)</sup> | 44949 |
| 180000 | MTN Commercial Mortgage Trust, Series 2022-LPFL, Class A, 5.357% (1-Month TSFR + 1.397%) due 3/15/39<sup>(b)(c)</sup> | 180112 |
|  | New Residential Mortgage Loan Trust: |  |
| 197861 | &nbsp;&nbsp;&nbsp;Series 2021-NQ1R, Class A1, 0.943% due 7/25/55<sup>(b)(c)</sup> | 180783 |
| 103670 | &nbsp;&nbsp;&nbsp;Series 2021-NQ2R, Class A1, 0.941% due 10/25/58<sup>(b)(c)</sup> | 99449 |
| 732904 | &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1, 1.156% due 11/27/56<sup>(b)(c)</sup> | 662602 |
| 722000 | NJ, Series 2025-WBRK, Class A, 5.867% due 3/5/35<sup>(b)(c)</sup> | 752247 |
| 724170 | NMLT Trust, Series 2021-INV1, Class A1, 1.185% due 5/25/56<sup>(b)(c)</sup> | 640901 |
| 530000 | NRTH Commercial Mortgage Trust, Series 2025-PARK, Class A, 5.352% (1-Month TSFR + 1.393%) due 10/15/40<sup>(b)(c)</sup> | 530000 |
|  | NXPT Commercial Mortgage Trust: |  |
| 2650000 | &nbsp;&nbsp;&nbsp;Series 2024-STOR, Class A, 4.455% due 11/5/41<sup>(b)(c)</sup> | 2633963 |
| 130000 | &nbsp;&nbsp;&nbsp;Series 2024-STOR, Class B, 4.803% due 11/5/41<sup>(b)(c)</sup> | 129659 |
| 195000 | NY Commercial Mortgage Trust, Series 2025-299P, Class A, 5.853% due 2/10/47<sup>(b)(c)</sup> | 206972 |
| 590000 | NYC Commercial Mortgage Trust, Series 2025-3BP, Class A, 5.172% (1-Month TSFR + 1.213%) due 2/15/42<sup>(b)(c)</sup> | 585969 |
|  | OBX Trust: |  |
| 498959 | &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1, 1.072% due 2/25/66<sup>(b)(c)</sup> | 439586 |
| 464302 | &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1, 1.054% due 7/25/61<sup>(b)(c)</sup> | 384196 |
| 945563 | &nbsp;&nbsp;&nbsp;Series 2022-NQM1, Class A1, 2.305% due 11/25/61<sup>(b)(c)</sup> | 855473 |
| 786732 | PRET LLC, Series 2021-RN3, Class A1, step bond to yield, 5.843% due 9/25/51<sup>(b)</sup> | 787142 |
| 3200000 | PRM7 Trust, Series 2025-PRM7, Class A, 4.509% due 11/10/42<sup>(b)(c)</sup> | 3167225 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |  |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
|  | PRPM LLC: |  |
| $227871 | &nbsp;&nbsp;&nbsp;Series 2025-5, Class A1, step bond to yield, 5.729% due 7/25/30<sup>(b)</sup> | $228081 |
| 553300 | &nbsp;&nbsp;&nbsp;Series 2025-6, Class A1, step bond to yield, 5.774% due 8/25/28<sup>(b)</sup> | 554227 |
| 392528 | &nbsp;&nbsp;&nbsp;Series 2025-7, Class A1, step bond to yield, 5.503% due 8/25/30<sup>(b)</sup> | 393533 |
|  | Rali Trust: |  |
| 808084 | &nbsp;&nbsp;&nbsp;Series 2005-QS13, Class 1A3, 5.500% due 9/25/35 | 647689 |
| 2433428 | &nbsp;&nbsp;&nbsp;Series 2006-QS17, Class A8, 6.000% due 12/25/36 | 2060406 |
| 79119 | RCO VIII Mortgage LLC, Series 2025-3, Class A1, step bond to yield, 6.435% due 5/25/30<sup>(b)</sup> | 79303 |
| 3251990 | Residential Asset Securitization Trust, Series 2005-A8CB, Class A6, 5.000% due 7/25/35 | 1600685 |
|  | Residential Mortgage Loan Trust: |  |
| 3100000 | &nbsp;&nbsp;&nbsp;Series 2020-1, Class M1, 3.242% due 1/26/60<sup>(b)(c)</sup> | 3026017 |
| 80718 | &nbsp;&nbsp;&nbsp;Series 2021-1R, Class A1, 0.859% due 1/25/65<sup>(b)(c)</sup> | 78239 |
| 174000 | ROCK Trust, Series 2024-CNTR, Class A, 5.388% due 11/13/41<sup>(b)</sup> | 179460 |
| 180000 | SFO Commercial Mortgage Trust, Series 2021-555, Class B, 5.573% (1-Month TSFR + 1.614%) due 5/15/38<sup>(b)(c)</sup> | 178656 |
|  | SG Residential Mortgage Trust: |  |
| 737077 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1, 1.160% due 7/25/61<sup>(b)(c)</sup> | 617073 |
| 5238000 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class B1, 4.038% due 12/25/61<sup>(b)(c)</sup> | 4062464 |
| 1455000 | SHR Trust, Series 2024-LXRY, Class A, 5.909% (1-Month TSFR + 1.950%) due 10/15/41<sup>(b)(c)</sup> | 1455909 |
| 180000 | SREIT Trust, Series 2021-MFP2, Class C, 5.444% (1-Month TSFR + 1.485%) due 11/15/36<sup>(b)(c)</sup> | 179833 |
| 287321 | STAR Trust, Series 2021-1, Class A1, 1.219% due 5/25/65<sup>(b)(c)</sup> | 270800 |
|  | Starwood Mortgage Residential Trust: |  |
| 79175 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1, 0.943% due 5/25/65<sup>(b)(c)</sup> | 75117 |
| 727496 | &nbsp;&nbsp;&nbsp;Series 2021-6, Class A1, 1.920% due 11/25/66<sup>(b)(c)</sup> | 647626 |
|  | Towd Point Mortgage Trust: |  |
| 1371608 | &nbsp;&nbsp;&nbsp;Series 2021-R1, Class A1, 2.918% due 11/30/60<sup>(b)(c)</sup> | 1257118 |
| 2221769 | &nbsp;&nbsp;&nbsp;Series 2022-4, Class A1, 3.750% due 9/25/62<sup>(b)</sup> | 2146728 |
| 240570 | TRK Trust, Series 2021-INV1, Class A1, 1.153% due 7/25/56<sup>(b)(c)</sup> | 215581 |
| 3593268 | UBS Commercial Mortgage Trust, Series 2017-C1, Class XA, 1.616% due 6/15/50<sup>(c)(h)</sup> | 49534 |
| 113000 | VEGAS Trust, Series 2024-TI, Class A, 5.518% due 11/10/39<sup>(b)</sup> | 114559 |
|  | Verus Securitization Trust: |  |
| 3814000 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class B1, 2.977% due 1/25/66<sup>(b)(c)</sup> | 3084938 |
| 181181 | &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1, 1.031% due 2/25/66<sup>(b)(c)</sup> | 165656 |
| 327782 | &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1, 0.938% due 7/25/66<sup>(b)(c)</sup> | 279942 |
| 783846 | &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1, 1.013% due 9/25/66<sup>(b)(c)</sup> | 685831 |
| 829771 | &nbsp;&nbsp;&nbsp;Series 2021-6, Class A1, 1.630% due 10/25/66<sup>(b)(c)</sup> | 735279 |
| 1021598 | &nbsp;&nbsp;&nbsp;Series 2021-7, Class A1, step bond to yield, 2.829% due 10/25/66<sup>(b)</sup> | 942533 |
| 74984 | &nbsp;&nbsp;&nbsp;Series 2021-R1, Class A1, 0.820% due 10/25/63<sup>(b)(c)</sup> | 72551 |
| 181717 | &nbsp;&nbsp;&nbsp;Series 2021-R2, Class A1, 0.918% due 2/25/64<sup>(b)(c)</sup> | 170607 |
| 734564 | &nbsp;&nbsp;&nbsp;Series 2022-1, Class A1, step bond to yield, 2.724% due 1/25/67<sup>(b)</sup> | 693322 |
| 3500000 | &nbsp;&nbsp;&nbsp;Series 2024-R1, Class M1, 5.899% due 9/25/69<sup>(b)(c)</sup> | 3505305 |
| 102515 | VOLT C LLC, Series 2021-NPL9, Class A1, step bond to yield, 5.992% due 5/25/51<sup>(b)</sup> | 102494 |
|  | Wells Fargo Commercial Mortgage Trust: |  |
| 1400000 | &nbsp;&nbsp;&nbsp;Series 2016-BNK1, Class A3, 2.652% due 8/15/49 | 1382474 |
| 8509611 | &nbsp;&nbsp;&nbsp;Series 2017-C38, Class XA, 1.046% due 7/15/50<sup>(c)(h)</sup> | 77820 |
| 400192 | &nbsp;&nbsp;&nbsp;Series 2018-C45, Class ASB, 4.147% due 6/15/51 | 400761 |
| 4332405 | &nbsp;&nbsp;&nbsp;Series 2024-C63, Class XA, 1.213% due 8/15/57<sup>(c)(h)</sup> | 306966 |
| 261000 | &nbsp;&nbsp;&nbsp;Series 2025-5C6, Class AS, 5.582% due 10/15/58<sup>(c)</sup> | 270256 |
|  | Total Mortgage Securities | 248190687 |
|  | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** |  |
|  | (Cost - $297,332,725) | **255530030** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **ASSET-BACKED SECURITIES - 9.5%** | **ASSET-BACKED SECURITIES - 9.5%** |  |
| **Automobile ABS - 2.1%** | **Automobile ABS - 2.1%** |  |
| $1000000 | Chase Auto Owner Trust, Series 2024-5A, Class A4, 4.150% due 3/25/30<sup>(b)</sup> | $1005143 |
| 1727895 | Enterprise Fleet Financing LLC, Series 2024-3, Class A2, 5.310% due 4/20/27<sup>(b)</sup> | 1736137 |
| 230000 | Exeter Automobile Receivables Trust, Series 2025-4A, Class B, 4.400% due 5/15/30 | 231047 |
|  | Ford Credit Auto Lease Trust: |  |
| 5640000 | &nbsp;&nbsp;&nbsp;Series 2023-B, Class B, 6.200% due 2/15/27 | 5656048 |
| 5800000 | &nbsp;&nbsp;&nbsp;Series 2024-B, Class A3, 4.990% due 12/15/27 | 5835239 |
|  | Ford Credit Auto Owner Trust: |  |
| 3350000 | &nbsp;&nbsp;&nbsp;Series 2023-B, Class B, 5.560% due 3/15/29 | 3408838 |
| 2405000 | &nbsp;&nbsp;&nbsp;Series 2023-B, Class C, 5.710% due 12/15/30 | 2444815 |
|  | GM Financial Consumer Automobile Receivables Trust: |  |
| 2455000 | &nbsp;&nbsp;&nbsp;Series 2023-2, Class B, 4.820% due 10/16/28 | 2474769 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2023-2, Class C, 5.210% due 12/18/28 | 1516025 |
| 1555000 | &nbsp;&nbsp;&nbsp;Series 2023-3, Class B, 5.720% due 1/16/29 | 1584502 |
| 2290000 | &nbsp;&nbsp;&nbsp;Series 2023-3, Class C, 5.920% due 2/16/29 | 2335211 |
| 120110 | Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% due 7/25/31<sup>(b)</sup> | 121165 |
| 4733444 | Wheels Fleet Lease Funding 1 LLC, Series 2024-2A, Class A1, 4.870% due 6/21/39<sup>(b)</sup> | 4772220 |
|  | Total Automobile ABS | 33121159 |
| **Credit Card ABS - 0.1%** | **Credit Card ABS - 0.1%** |  |
| 1430000 | Synchrony Card Funding LLC, Series 2023-A2, Class A, 5.740% due 10/15/29 | 1450890 |
| **Home Equity ABS - 1.0%** | **Home Equity ABS - 1.0%** |  |
| 1265009 | Asset Backed Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Class A4, 4.299% (1-Month TSFR + 0.344%) due 5/25/37<sup>(c)</sup> | 912587 |
| 4063912 | C-BASS Trust, Series 2006-CB9, Class A4, 4.529% (1-Month TSFR + 0.574%) due 11/25/36<sup>(c)</sup> | 1859322 |
| 3809760 | Credit-Based Asset Servicing & Securitization LLC, Series 2006-CB4, Class AV4, 3.081% (1-Month TSFR + 0.594%) due 5/25/36<sup>(c)</sup> | 2642734 |
| 6967971 | Merrill Lynch Mortgage Investors Trust, Series 2006-HE6, Class A1, 4.244% (1-Month TSFR + 0.394%) due 11/25/37<sup>(c)</sup> | 3424898 |
| 4000000 | New Century Home Equity Loan Trust, Series 2005-B, Class M2, 4.804% (1-Month TSFR + 0.849%) due 10/25/35<sup>(c)</sup> | 3582649 |
| 8700000 | Structured Asset Investment Loan Trust, Series 2006-4, Class A5, 4.689% (1-Month TSFR + 0.734%) due 7/25/36<sup>(c)</sup> | 3233427 |
|  | Total Home Equity ABS | 15655617 |
| **Other ABS - 5.7%** | **Other ABS - 5.7%** |  |
| 405000 | Affirm Asset Securitization Trust, Series 2024-A, Class A, 5.610% due 2/15/29<sup>(b)</sup> | 406014 |
|  | AMSR Trust: |  |
| 2392000 | &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class B, step bond to yield, 4.290% due 7/17/41<sup>(b)</sup> | 2360159 |
| 415000 | &nbsp;&nbsp;&nbsp;Series 2024-SFR2, Class A, 4.150% due 11/17/41<sup>(b)</sup> | 410990 |
| 440000 | Auxilior Term Funding LLC, Series 2024-1A, Class A3, 5.490% due 7/15/31<sup>(b)</sup> | 446712 |
| 750000 | Avant Loans Funding Trust, Series 2024-REV1, Class A, 5.920% due 10/15/33<sup>(b)</sup> | 756351 |
| 393291 | BHG Securitization Trust, Series 2021-B, Class B, 1.670% due 10/17/34<sup>(b)</sup> | 389023 |
| 172902 | Blue Owl Asset Leasing Trust LLC, Series 2024-1A, Class A2, 5.050% due 3/15/29<sup>(b)</sup> | 173536 |
|  | CF Hippolyta Issuer LLC: |  |
| 282599 | &nbsp;&nbsp;&nbsp;Series 2020-1, Class A1, 1.690% due 7/15/60<sup>(b)</sup> | 241246 |
| 121389 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A1, 1.530% due 3/15/61<sup>(b)</sup> | 99085 |
| 108381 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class B1, 1.980% due 3/15/61<sup>(b)</sup> | 66759 |
| 182008 | &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A1, 5.970% due 8/15/62<sup>(b)</sup> | 178913 |
|  | CNH Equipment Trust: |  |
| 1055213 | &nbsp;&nbsp;&nbsp;Series 2024-C, Class A2A, 4.300% due 2/18/28 | 1055931 |
| 2670000 | &nbsp;&nbsp;&nbsp;Series 2024-C, Class A3, 4.030% due 1/15/30 | 2675575 |
| 1000000 | Cologix Data Centers US Issuer LLC, Series 2021-1A, Class A2, 3.300% due 12/26/51<sup>(b)</sup> | 979435 |
| 239373 | Commercial Equipment Finance LLC, Series 2024-1A, Class A, 5.970% due 7/16/29<sup>(b)</sup> | 241827 |
|  | Compass Datacenters Issuer II LLC: |  |
| 1600000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A1, 5.250% due 2/25/49<sup>(b)</sup> | 1607633 |
| 1210000 | &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A1, 4.926% due 11/25/50<sup>(b)</sup> | 1200642 |
| 250000 | CyrusOne Data Centers Issuer I LLC, Series 2024-2A, Class A2, 4.500% due 5/20/49<sup>(b)</sup> | 245040 |
| 320640 | DB Master Finance LLC, Series 2021-1A, Class A23, 2.791% due 11/20/51<sup>(b)</sup> | 286934 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** |  |
| **Other ABS - (continued)** | **Other ABS - (continued)** |  |
|  | Domino's Pizza Master Issuer LLC: |  |
| $974400 | &nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2, 3.668% due 10/25/49<sup>(b)</sup> | $940919 |
| 1248690 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I, 2.662% due 4/25/51<sup>(b)</sup> | 1189179 |
| 500000 | ExteNet Issuer LLC, Series 2024-1A, Class B, 6.150% due 7/25/54<sup>(b)</sup> | 506518 |
| 1357279 | GoodLeap Sustainable Home Solutions Trust, Series 2021-5CS, Class C, 3.500% due 10/20/48<sup>(b)</sup> | 516405 |
| 165000 | GreenSky Home Improvement Issuer Trust, Series 2025-2A, Class A3, 5.020% due 6/25/60<sup>(b)</sup> | 167617 |
|  | Home Partners of America Trust: |  |
| 1593771 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class D, 2.477% due 9/17/41<sup>(b)</sup> | 1432417 |
| 728019 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class E, 2.577% due 9/17/41<sup>(b)</sup> | 641193 |
| 838698 | &nbsp;&nbsp;&nbsp;Series 2021-1, Class F, 3.325% due 9/17/41<sup>(b)</sup> | 728848 |
| 2601016 | Horizon Aircraft Finance III Ltd., Series 2019-2, Class A, 3.425% due 11/15/39<sup>(b)</sup> | 2542111 |
| 470850 | Horizon Aircraft Finance IV Ltd., Series 2024-1, Class A, 5.375% due 9/15/49<sup>(b)</sup> | 477895 |
|  | HPEFS Equipment Trust: |  |
| 1521481 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A3, 5.180% due 5/20/31<sup>(b)</sup> | 1523901 |
| 1725000 | &nbsp;&nbsp;&nbsp;Series 2024-2A, Class B, 5.350% due 10/20/31<sup>(b)</sup> | 1743567 |
|  | John Deere Owner Trust: |  |
| 1950000 | &nbsp;&nbsp;&nbsp;Series 2023-B, Class A4, 5.110% due 5/15/30 | 1976981 |
| 2400000 | &nbsp;&nbsp;&nbsp;Series 2023-C, Class A4, 5.390% due 8/15/30 | 2447191 |
| 6900000 | &nbsp;&nbsp;&nbsp;Series 2024-A, Class A4, 4.910% due 2/18/31 | 7029361 |
| 3350000 | Kubota Credit Owner Trust, Series 2024-1A, Class A3, 5.190% due 7/17/28<sup>(b)</sup> | 3391427 |
| 351000 | NMEF Funding LLC, Series 2025-B, Class A2, 4.640% due 1/18/33<sup>(b)</sup> | 352086 |
| 2915000 | PFS Financing Corp., Series 2023-C, Class A, 5.520% due 10/15/28<sup>(b)</sup> | 2949005 |
|  | Progress Residential Trust: |  |
| 319293 | &nbsp;&nbsp;&nbsp;Series 2022-SFR3, Class A, 3.200% due 4/17/39<sup>(b)</sup> | 314414 |
| 234449 | &nbsp;&nbsp;&nbsp;Series 2022-SFR5, Class A, 4.451% due 6/17/39<sup>(b)</sup> | 234307 |
| 1052527 | &nbsp;&nbsp;&nbsp;Series 2022-SFR6, Class A, 4.451% due 7/20/39<sup>(b)</sup> | 1051453 |
| 541837 | &nbsp;&nbsp;&nbsp;Series 2023-SFR1, Class A, 4.300% due 3/17/40<sup>(b)</sup> | 541226 |
| 465326 | &nbsp;&nbsp;&nbsp;Series 2024-SFR2, Class A, 3.300% due 4/17/41<sup>(b)</sup> | 450314 |
| 728004 | &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A, 3.400% due 2/17/42<sup>(b)</sup> | 699239 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2025-SFR4, Class A, 4.300% due 8/17/42<sup>(b)</sup> | 744888 |
|  | Retained Vantage Data Centers Issuer LLC: |  |
| 1040000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2A, 5.000% due 9/15/48<sup>(b)</sup> | 1038825 |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class B, 5.750% due 9/15/48<sup>(b)</sup> | 493479 |
| 560000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2, 4.992% due 9/15/49<sup>(b)</sup> | 557360 |
| 165000 | Sabey Data Center Issuer LLC, Series 2024-1, Class A2, 6.000% due 4/20/49<sup>(b)</sup> | 167540 |
| 285000 | SCF Equipment Leasing LLC, Series 2024-1A, Class A3, 5.520% due 1/20/32<sup>(b)</sup> | 289895 |
|  | Stack Infrastructure Issuer LLC: |  |
| 590000 | &nbsp;&nbsp;&nbsp;Series 2023-2A, Class A2, 5.900% due 7/25/48<sup>(b)</sup> | 594907 |
| 320000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2, 5.900% due 3/25/49<sup>(b)</sup> | 323918 |
| 3500000 | STAR Trust, Series 2021-SFR1, Class G, 7.273% (1-Month TSFR + 3.314%) due 4/17/38<sup>(b)(c)</sup> | 3496818 |
| 495000 | Subway Funding LLC, Series 2024-1A, Class A23, 6.505% due 7/30/54<sup>(b)</sup> | 512808 |
| 1581635 | Sunrun Demeter Issuer LLC, Series 2021-2A, Class A, 2.270% due 1/30/57<sup>(b)</sup> | 1439478 |
| 1000000 | Switch ABS Issuer LLC, Series 2024-2A, Class B, 6.200% due 6/25/54<sup>(b)</sup> | 1007977 |
| 1473750 | Taco Bell Funding LLC, Series 2021-1A, Class A23, 2.542% due 8/25/51<sup>(b)</sup> | 1303219 |
|  | T-Mobile US Trust: |  |
| 2300000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A, 5.050% due 9/20/29<sup>(b)</sup> | 2313917 |
| 6000000 | &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A, 4.250% due 5/21/29<sup>(b)</sup> | 6021075 |
|  | Tricon Residential Trust: |  |
| 259633 | &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class A, 4.650% due 4/17/41<sup>(b)</sup> | 260076 |
| 895000 | &nbsp;&nbsp;&nbsp;Series 2025-SFR2, Class A, 5.200% due 8/17/44<sup>(b)</sup> | 912746 |
| 425000 | Upstart Securitization Trust, Series 2025-4, Class A2, 4.560% due 11/20/35<sup>(b)</sup> | 425000 |
| 670000 | VB-S1 Issuer LLC - VBTEL, Series 2024-1A, Class C2, 5.590% due 5/15/54<sup>(b)</sup> | 675155 |
|  | Verizon Master Trust: |  |
| 3355000 | &nbsp;&nbsp;&nbsp;Series 2024-1, Class C, 5.490% due 12/20/28 | 3356851 |
| 2915000 | &nbsp;&nbsp;&nbsp;Series 2024-7, Class B, 4.600% due 8/20/32<sup>(b)</sup> | 2940477 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** |  |
| **Other ABS - (continued)** | **Other ABS - (continued)** | **Other ABS - (continued)** |  |
| $| 2695000 | &nbsp;&nbsp;&nbsp;Series 2024-8, Class B, 4.820% due 11/20/30 | $2728713 |
|  | 1055000 | &nbsp;&nbsp;&nbsp;Series 2024-8, Class C, 4.990% due 11/20/30 | 1067642 |
|  | 1970000 | &nbsp;&nbsp;&nbsp;Series 2025-1, Class B, 4.940% due 1/21/31 | 1999975 |
|  | 2484000 | &nbsp;&nbsp;&nbsp;Series 2025-9, Class B, 4.240% due 10/21/30 | 2487961 |
|  | 938475 | Wendy's Funding LLC, Series 2022-1A, Class A2I, 4.236% due 3/15/52<sup>(b)</sup> | 923763 |
|  | 985000 | Wingstop Funding LLC, Series 2020-1A, Class A2, 2.841% due 12/5/50<sup>(b)</sup> | 951519 |
|  | 685000 | Zayo Issuer LLC, Series 2025-1A, Class A2, 5.648% due 3/20/55<sup>(b)</sup> | 696809 |
|  |  | Total Other ABS | 87402170 |
| **Student Loan ABS - 0.1%** | **Student Loan ABS - 0.1%** | **Student Loan ABS - 0.1%** |  |
|  |  | Navient Private Education Refi Loan Trust: |  |
|  | 267985 | &nbsp;&nbsp;&nbsp;Series 2021-EA, Class A, 0.970% due 12/16/69<sup>(b)</sup> | 240914 |
|  | 424288 | &nbsp;&nbsp;&nbsp;Series 2021-FA, Class A, 1.110% due 2/18/70<sup>(b)</sup> | 378851 |
|  | 530705 | &nbsp;&nbsp;&nbsp;Series 2023-A, Class A, 5.510% due 10/15/71<sup>(b)</sup> | 545250 |
|  | 999139 | Sofi Professional Loan Program Trust, Series 2018-B, Class BFX, 3.830% due 8/25/47<sup>(b)</sup> | 974085 |
|  |  | Total Student Loan ABS | 2139100 |
| **WL Collateral CMO - 0.5%** | **WL Collateral CMO - 0.5%** | **WL Collateral CMO - 0.5%** |  |
|  | 4742804 | First Franklin Mortgage Loan Trust, Series 2007-FF2, Class A1, 4.349% (1-Month TSFR + 0.394%) due 3/25/37<sup>(c)</sup> | 2495251 |
|  |  | PRET LLC: |  |
|  | 1256417 | &nbsp;&nbsp;&nbsp;Series 2025-NPL11, Class A1, step bond to yield, 5.193% due 10/25/55<sup>(b)</sup> | 1258203 |
|  | 1006572 | &nbsp;&nbsp;&nbsp;Series 2025-NPL6, Class A1, step bond to yield, 5.744% due 6/25/55<sup>(b)</sup> | 1010566 |
|  | 1620204 | &nbsp;&nbsp;&nbsp;Series 2025-NPL7, Class A1, step bond to yield, 5.657% due 7/25/55<sup>(b)</sup> | 1624105 |
|  | 616222 | &nbsp;&nbsp;&nbsp;Series 2025-NPL8, Class A1, step bond to yield, 5.732% due 8/25/55<sup>(b)</sup> | 617496 |
|  | 194040 | VOLT CII LLC, Series 2021-NP11, Class A1, step bond to yield, 5.868% due 8/25/51<sup>(b)</sup> | 194004 |
|  | 311315 | VOLT CIII LLC, Series 2021-CF1, Class A1, step bond to yield, 5.992% due 8/25/51<sup>(b)</sup> | 311557 |
|  | 45985 | VOLT XCV LLC, Series 2021-NPL4, Class A1, step bond to yield, 6.240% due 3/27/51<sup>(b)</sup> | 45983 |
|  |  | Total WL Collateral CMO | 7557165 |
|  |  | **TOTAL ASSET-BACKED SECURITIES** |  |
|  |  | (Cost - $155,810,862) | **147326101** |
| **COLLATERALIZED LOAN OBLIGATIONS - 1.5%** | **COLLATERALIZED LOAN OBLIGATIONS - 1.5%** | **COLLATERALIZED LOAN OBLIGATIONS - 1.5%** |  |
| **Commercial MBS - 0.3%** | **Commercial MBS - 0.3%** | **Commercial MBS - 0.3%** |  |
|  | 260000 | ACRES LLC, Series 2025-FL3, Class A, 5.582% (1-Month TSFR + 1.619%) due 8/18/40<sup>(b)(c)</sup> | 260211 |
|  | 260000 | Arbor Realty Commercial Real Estate Notes LLC, Series 2025-FL1, Class A, 5.314% (1-Month TSFR + 1.354%) due 1/20/43<sup>(b)(c)</sup> | 259818 |
|  | 67480 | AREIT Ltd., Series 2024-CRE9, Class A, 5.645% (1-Month TSFR + 1.686%) due 5/17/41<sup>(b)(c)</sup> | 67475 |
|  | 360000 | BDS LLC, Series 2024-FL13, Class A, 5.535% (1-Month TSFR + 1.576%) due 9/19/39<sup>(b)(c)</sup> | 360903 |
|  | 357000 | BRSP Ltd., Series 2024-FL2, Class A, 5.904% (1-Month TSFR + 1.945%) due 8/19/37<sup>(b)(c)</sup> | 358926 |
|  | 177168 | FS RIALTO, Series 2021-FL2, Class A, 5.293% (1-Month TSFR + 1.334%) due 5/16/38<sup>(b)(c)</sup> | 176403 |
|  | 31588 | Greystone CRE Notes Ltd., Series 2021-FL3, Class A, 5.093% (1-Month TSFR + 1.134%) due 7/15/39<sup>(b)(c)</sup> | 31571 |
|  | 175262 | KREF Ltd., Series 2021-FL2, Class A, 5.147% (1-Month TSFR + 1.184%) due 2/15/39<sup>(b)(c)</sup> | 174591 |
|  | 320000 | LoanCore 2025 Issuer LLC, Series 2025-CRE8, Class A, 5.344% (1-Month TSFR + 1.385%) due 8/17/42<sup>(b)(c)</sup> | 319596 |
|  | 360000 | MF1, Series 2024-FL15, Class A, 5.651% (1-Month TSFR + 1.688%) due 8/18/41<sup>(b)(c)</sup> | 360682 |
|  |  | MF1 LLC: |  |
|  | 297826 | &nbsp;&nbsp;&nbsp;Series 2022-FL9, Class A, 6.110% (1-Month TSFR + 2.150%) due 6/19/37<sup>(b)(c)</sup> | 297892 |
|  | 320000 | &nbsp;&nbsp;&nbsp;Series 2025-FL17, Class A, 5.283% (1-Month TSFR + 1.320%) due 2/18/40<sup>(b)(c)</sup> | 319535 |
|  |  | MF1 Ltd.: |  |
|  | 103701 | &nbsp;&nbsp;&nbsp;Series 2021-FL7, Class A, 5.153% (1-Month TSFR + 1.194%) due 10/16/36<sup>(b)(c)</sup> | 103639 |
|  | 90908 | &nbsp;&nbsp;&nbsp;Series 2022-FL8, Class A, 5.310% (1-Month TSFR + 1.350%) due 2/19/37<sup>(b)(c)</sup> | 90889 |
|  | 845000 | &nbsp;&nbsp;&nbsp;Series 2022-FL8, Class AS, 5.710% (1-Month TSFR + 1.750%) due 2/19/37<sup>(b)(c)</sup> | 842982 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED LOAN OBLIGATIONS - (continued)** | **COLLATERALIZED LOAN OBLIGATIONS - (continued)** | **COLLATERALIZED LOAN OBLIGATIONS - (continued)** |  |
| **Commercial MBS - (continued)** | **Commercial MBS - (continued)** | **Commercial MBS - (continued)** |  |
| $| 251450 | STWD Ltd., Series 2021-FL2, Class A, 5.277% (1-Month TSFR + 1.314%) due 4/18/38<sup>(b)(c)</sup> | $249670 |
|  | 213213 | TRTX Issuer Ltd., Series 2022-FL5, Class A, 5.613% (1-Month TSFR + 1.650%) due 2/15/39<sup>(b)(c)</sup> | 212258 |
|  |  | Total Commercial MBS | 4487041 |
| **Other ABS - 1.2%** | **Other ABS - 1.2%** | **Other ABS - 1.2%** |  |
|  | 500000 | Apidos CLO XXXIX Ltd., Series 2022-39A, Class A1R, 5.400% (3-Month TSFR + 1.230%) due 10/21/38<sup>(b)(c)</sup> | 500500 |
|  | 500000 | Balboa Bay Loan Funding Ltd., Series 2025-2A, Class A1, 0.000% (3-Month TSFR + 1.250%) due 1/20/39<sup>(b)(c)(d)</sup> | 500000 |
|  | 835000 | Barings CLO Ltd., Series 2024-1A, Class B, 5.984% (3-Month TSFR + 2.100%) due 1/20/37<sup>(b)(c)</sup> | 838904 |
|  | 500000 | Benefit Street Partners CLO XXXII Ltd., Series 2023-32A, Class AR, 5.070% (3-Month TSFR + 1.210%) due 10/25/38<sup>(b)(c)</sup> | 499442 |
|  | 500000 | Brant Point CLO Ltd., Series 2024-5A, Class D1, 6.984% (3-Month TSFR + 3.100%) due 10/20/37<sup>(b)(c)</sup> | 502766 |
|  | 500000 | Carlyle US CLO, Series 2024-4A, Class D, 7.084% (3-Month TSFR + 3.200%) due 7/20/37<sup>(b)(c)</sup> | 502675 |
|  | 500000 | CARLYLE US CLO Ltd., Series 2018-4A, Class D1R, 6.982% (3-Month TSFR + 3.100%) due 10/17/37<sup>(b)(c)</sup> | 502766 |
|  | 1495000 | CBAM Ltd., Series 2017-2A, Class BR, 5.993% (3-Month TSFR + 2.112%) due 7/17/34<sup>(b)(c)</sup> | 1497401 |
|  | 1000000 | Cedar Funding XIX CLO Ltd., Series 2024-19A, Class D1, 6.860% (3-Month TSFR + 3.000%) due 1/23/38<sup>(b)(c)</sup> | 999970 |
|  | 500000 | CIFC Funding Ltd., Series 2018-2A, Class D1R, 6.934% (3-Month TSFR + 3.050%) due 10/20/37<sup>(b)(c)</sup> | 502771 |
|  |  | Clover CLO LLC: |  |
|  | 500000 | &nbsp;&nbsp;&nbsp;Series 2018-1A, Class A1RR, 5.414% (3-Month TSFR + 1.530%) due 4/20/37<sup>(b)(c)</sup> | 501055 |
|  | 500000 | &nbsp;&nbsp;&nbsp;Series 2021-3A, Class DR, 6.408% (3-Month TSFR + 2.550%) due 1/25/35<sup>(b)(c)</sup> | 498747 |
|  | 500000 | Eldridge CLO Ltd., Series 2025-1A, Class A1, 5.250% (3-Month TSFR + 1.330%) due 10/20/38<sup>(b)(c)</sup> | 500422 |
|  | 655000 | Elmwood CLO 23 Ltd., Series 2023-2A, Class BR, 5.644% (3-Month TSFR + 1.750%) due 4/16/36<sup>(b)(c)</sup> | 656211 |
|  | 500000 | Empower CLO Ltd., Series 2023-2A, Class AR, 5.225% (3-Month TSFR + 1.320%) due 10/15/38<sup>(b)(c)</sup> | 500237 |
|  | 500000 | Jamestown CLO XII Ltd., Series 2019-1A, Class ARR, 5.602% (3-Month TSFR + 1.370%) due 3/20/38<sup>(b)(c)</sup> | 500751 |
|  | 1000000 | Katayma CLO I Ltd., Series 2023-1A, Class D, 9.134% (3-Month TSFR + 5.250%) due 10/20/36<sup>(b)(c)</sup> | 1001633 |
|  | 750755 | LCM XV LP, Series 15A, Class DR, 7.846% (3-Month TSFR + 3.962%) due 7/20/30<sup>(b)(c)</sup> | 753077 |
|  | 1000000 | Marble Point CLO XXI Ltd., Series 2021-3A, Class A1, 5.383% (3-Month TSFR + 1.502%) due 10/17/34<sup>(b)(c)</sup> | 1001551 |
|  | 600000 | Octagon Investment Partners 44 Ltd., Series 2019-1A, Class DR, 7.416% (3-Month TSFR + 3.512%) due 10/15/34<sup>(b)(c)</sup> | 590964 |
|  | 1000000 | OHA Credit Funding 2 Ltd., Series 2019-2A, Class D1R2, 6.570% (3-Month TSFR + 2.700%) due 1/21/38<sup>(b)(c)</sup> | 1002846 |
|  | 500000 | Shackleton CLO Ltd., Series 2013-3A, Class DR, 7.186% (3-Month TSFR + 3.282%) due 7/15/30<sup>(b)(c)</sup> | 500531 |
|  | 500000 | Sound Point CLO VI-R Ltd., Series 2014-2RA, Class B, 5.946% (3-Month TSFR + 2.062%) due 10/20/31<sup>(b)(c)</sup> | 501645 |
|  | 1000000 | Trestles CLO IV Ltd., Series 2021-4A, Class AR1, 5.071% (3-Month TSFR + 1.280%) due 10/30/38<sup>(b)(c)</sup> | 1000000 |
|  | 1710000 | Venture 42 CLO Ltd., Series 2021-42A, Class A1A, 5.296% (3-Month TSFR + 1.392%) due 4/15/34<sup>(b)(c)</sup> | 1711200 |
|  |  | Total Other ABS | 18068065 |
|  |  | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** |  |
|  |  | (Cost - $22,492,555) | **22555106** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **SOVEREIGN BONDS - 0.6%** | **SOVEREIGN BONDS - 0.6%** |  |
| **Bermuda - 0.1%** | **Bermuda - 0.1%** |  |
| $890000 | Bermuda Government International Bond, 2.375% due 8/20/30 | $806518 |
| **Brazil - 0.0%** | **Brazil - 0.0%** |  |
| 200000 | Brazilian Government International Bond, 4.750% due 1/14/50 | 147900 |
| **Canada - 0.1%** | **Canada - 0.1%** |  |
| 1845000 | Province of Ontario Canada, 4.450% due 11/20/35 | 1855450 |
| **Colombia - 0.0%** | **Colombia - 0.0%** |  |
| 200000 | Colombia Government International Bond, 4.125% due 5/15/51 | 125100 |
| **Dominican Republic - 0.0%** | **Dominican Republic - 0.0%** |  |
| 100000 | Dominican Republic International Bond, 5.950% due 1/25/27 | 101025 |
| **Hungary - 0.0%** | **Hungary - 0.0%** |  |
| 435000 | Hungary Government International Bond, 5.500% due 3/26/36<sup>(b)</sup> | 435325 |
| **Israel - 0.1%** | **Israel - 0.1%** |  |
|  | Israel Government International Bond: |  |
| 300000 | &nbsp;&nbsp;&nbsp;5.375% due 2/19/30 | 310343 |
| 400000 | &nbsp;&nbsp;&nbsp;2.750% due 7/3/30 | 371875 |
| 200000 | State of Israel, 3.800% due 5/13/60 | 137199 |
|  | Total Israel | 819417 |
| **Mexico - 0.2%** | **Mexico - 0.2%** |  |
|  | Mexico Government International Bond: |  |
| 1135000 | &nbsp;&nbsp;&nbsp;5.375% due 3/22/33 | 1131484 |
| 210000 | &nbsp;&nbsp;&nbsp;3.500% due 2/12/34 | 181052 |
| 225000 | &nbsp;&nbsp;&nbsp;5.625% due 9/22/35 | 222642 |
| 555000 | &nbsp;&nbsp;&nbsp;6.000% due 5/7/36 | 565212 |
| 620000 | &nbsp;&nbsp;&nbsp;6.875% due 5/13/37 | 665508 |
| 490000 | &nbsp;&nbsp;&nbsp;6.625% due 1/29/38 | 515333 |
| 300000 | &nbsp;&nbsp;&nbsp;6.338% due 5/4/53 | 290010 |
|  | Total Mexico | 3571241 |
| **Morocco - 0.0%** | **Morocco - 0.0%** |  |
| 200000 | Morocco Government International Bond, 4.000% due 12/15/50 | 145879 |
| **Panama - 0.0%** | **Panama - 0.0%** |  |
| 450000 | Panama Government International Bond, 2.252% due 9/29/32 | 367245 |
| **Romania - 0.1%** | **Romania - 0.1%** |  |
|  | Romanian Government International Bond: |  |
| 300000 | &nbsp;&nbsp;&nbsp;5.875% due 1/30/29<sup>(b)</sup> | 308911 |
| 1130000 | &nbsp;&nbsp;&nbsp;3.625% due 3/27/32 | 1027591 |
| 120000 | &nbsp;&nbsp;&nbsp;7.500% due 2/10/37<sup>(b)</sup> | 131792 |
|  | Total Romania | 1468294 |
|  | **TOTAL SOVEREIGN BONDS** |  |
|  | (Cost - $9,754,988) | **9843394** |
| **SENIOR LOANS<sup>(c)</sup> - 0.3%** | **SENIOR LOANS<sup>(c)</sup> - 0.3%** |  |
| **Canada - 0.0%** | **Canada - 0.0%** |  |
| 9975 | 1261229 BC Ltd., 10.166% (1-Month USD-SOFR + 0.625%) due 10/8/30 | 9840 |
| 79800 | Bausch + Lomb Corp., 8.166% (1-Month USD-SOFR + 0.425%) due 1/15/31 | 80239 |
| 80000 | Green Infrastructure Partners Inc., 6.753% (3-Month USD-SOFR + 0.275%) due 9/24/32 | 80100 |
| 48873 | Husky Injection Molding Systems Ltd., 7.753% (6-Month USD-SOFR + 0.375%) due 2/15/29 | 49104 |
| 21435 | Ontario Gaming GTA LP, 8.240% (3-Month USD-SOFR + 0.425%) due 8/1/30 | 19968 |
|  | Total Canada | 239251 |
| **Cayman Islands - 0.0%** | **Cayman Islands - 0.0%** |  |
| 34825 | AAdvantage Loyality IP Ltd., 7.134% (3-Month USD-SOFR + 0.325%) due 5/28/32 | 34921 |
| **Denmark - 0.0%** | **Denmark - 0.0%** |  |
| 25000 | Genmab AS, 0.000% due 11/19/32 | 25083 |
| **France - 0.0%** | **France - 0.0%** |  |
| 45493 | Altice France SA, 10.860% (3-Month USD-SOFR + 0.688%) due 5/31/31 | 45587 |
| **Germany - 0.0%** | **Germany - 0.0%** |  |
| 24938 | MV Holding GmbH, 5.916% (1-Month USD-SOFR + 0.200%) due 3/17/32 | 25031 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **SENIOR LOANS<sup>(c)</sup> – (continued)** | **SENIOR LOANS<sup>(c)</sup> – (continued)** |  |
| **Ireland - 0.0%** | **Ireland - 0.0%** |  |
| $14963 | Flutter Entertainment PLC, 6.002% (3-Month USD-SOFR + 0.200%) due 6/4/32 | $14913 |
| **Netherlands - 0.0%** | **Netherlands - 0.0%** |  |
| 49625 | GBT Group Services BV, 6.358% (3-Month USD-SOFR + 0.250%) due 7/25/31 | 49665 |
| 34626 | Hunter Douglas Holding BV, 7.252% (3-Month USD-SOFR + 0.325%) due 1/17/32 | 34695 |
| 25000 | Lavender Dutch BorrowerCo BV, 0.000% due 9/27/32 | 25047 |
| 35000 | Sunrise HoldCo III BV, 0.000% due 2/15/32 | 35025 |
|  | Total Netherlands | 144432 |
| **United Kingdom - 0.0%** | **United Kingdom - 0.0%** |  |
| 44775 | Ardonagh Midco 3 Ltd., 6.940% (6-Month USD-SOFR + 0.275%) due 2/15/31 | 44607 |
| 36196 | EG Group Ltd., 7.322% (3-Month USD-SOFR + 0.350%) due 2/7/28 | 36310 |
| 40000 | Froneri International Ltd., 6.372% (6-Month USD-SOFR + 0.250%) due 8/2/32 | 40002 |
| 9700 | Ineos Quattro Holdings UK Ltd., 8.166% (1-Month USD-SOFR + 0.425%) due 10/7/31 | 7184 |
| 15000 | Project Aurora Holdco 1 Ltd., 0.000% due 9/30/32 | 15056 |
|  | Total United Kingdom | 143159 |
| **United States - 0.3%** | **United States - 0.3%** |  |
| 95000 | Acrisure LLC, 6.916% (1-Month USD-SOFR + 0.300%) due 11/6/30 | 94857 |
| 27966 | ADMI Corp., 7.780% (1-Month USD-SOFR + 0.375%) due 12/23/27 | 26008 |
| 35000 | Alera Group Inc., 7.166% (1-Month USD-SOFR + 0.325%) due 5/30/32 | 35131 |
| 35000 | Allied Universal Holdco LLC, 7.266% (1-Month USD-SOFR + 0.325%) due 8/20/32 | 35127 |
| 45000 | Allison Transmission Inc., 0.000% due 11/5/32 | 45135 |
| 25000 | American Axle & Manufacturing Inc., 0.000% due 2/24/32 | 25000 |
| 9975 | AmWINS Group Inc., 6.252% (3-Month USD-SOFR + 0.225%) due 1/30/32 | 9997 |
| 20000 | Applied Systems Inc, 8.502% (3-Month USD-SOFR + 0.450%) due 2/23/32 | 20350 |
| 89100 | Apro LLC, 7.677% (3-Month USD-SOFR + 0.375%) due 7/9/31 | 89295 |
| 89509 | Ascend Learning LLC, 6.916% (1-Month USD-SOFR + 0.300%) due 12/11/28 | 89488 |
| 69474 | Aspire Bakeries Holdings LLC, 7.416% (1-Month USD-SOFR + 0.350%) due 12/23/30 | 69767 |
|  | Asurion LLC: |  |
| 10000 | &nbsp;&nbsp;&nbsp;9.280% (1-Month USD-SOFR + 0.525%) due 1/20/29 | 9346 |
| 19988 | &nbsp;&nbsp;&nbsp;8.166% (1-Month USD-SOFR + 0.425%) due 9/19/30 | 19598 |
| 35000 | Aveanna Healthcare LLC, 7.666% (1-Month USD-SOFR + 0.375%) due 9/17/32 | 35159 |
| 30000 | Blackfin Pipeline LLC, 6.938% (1-Month USD-SOFR + 0.300%) due 9/29/32 | 30013 |
| 30000 | Boots Group Finco LP, 7.416% (1-Month USD-SOFR + 0.350%) due 8/30/32 | 30187 |
| 44439 | Cengage Learning Inc., 7.357% (1-Month USD-SOFR + 0.350%) due 3/24/31 | 44081 |
| 95000 | Colossus AcquireCo LLC, 5.890% (3-Month + 0.175%) due 7/30/32 | 94599 |
| 90401 | Commscope LLC, 8.666% (1-Month USD-SOFR + 0.475%) due 12/17/29 | 90827 |
| 19850 | Corpay Technologies Operating Co. LLC, 5.666% (1-Month USD-SOFR + 0.175%) due 4/28/28 | 19847 |
| 44850 | Cotiviti Inc., 6.734% (1-Month USD-SOFR + 0.275%) due 3/26/32 | 43019 |
| 5000 | CPI Holdco B LLC, 0.000% (1-Month USD-SOFR + 0.200%) due 5/17/31 | 5002 |
| 44738 | Crown Finance US Inc., 8.484% (1-Month USD-SOFR + 0.450%) due 12/2/31 | 44677 |
| 8232 | CSC Holdings LLC, 8.500% (3-Month Prime Rate + 0.150%) due 4/15/27 | 7311 |
| 27565 | Cyxtera DC Holdings Inc., 0.000% (3-Month USD-SOFR + 0.300%) due 6/12/25<sup>(d)</sup> |  |
| 90000 | Dawn Bidco LLC, 0.000% due 10/7/32 | 89724 |
| 90000 | DG Investment Intermediate Holdings 2 Inc., 7.666% (1-Month USD-SOFR + 0.375%) due 7/9/32 | 90140 |
| 3730 | DIRECTV Financing LLC, 9.102% (3-Month USD-SOFR + 0.500%) due 8/2/27 | 3729 |
| 53779 | Eagle Parent Corp., 8.252% (3-Month USD-SOFR + 0.425%) due 4/2/29 | 53686 |
| 10000 | Edelman Financial Engines Center LLC, 9.166% (1-Month USD-SOFR + 0.525%) due 10/6/28 | 9997 |
| 24750 | EMRLD Borrower LP, 6.122% (6-Month USD-SOFR + 0.225%) due 8/4/31 | 24749 |
| 14962 | Focus Financial Partners LLC, 6.416% (1-Month USD-SOFR + 0.250%) due 9/15/31 | 14959 |
| 42835 | Freeport LNG investments LLLP, 7.120% (3-Month USD-SOFR + 0.325%) due 12/21/28 | 42942 |
| 77608 | Gainwell Acquisition Corp., 8.102% (3-Month USD-SOFR + 0.400%) due 10/1/27 | 76735 |
| 9962 | Golden State Foods LLC, 7.998% (3-Month USD-SOFR + 0.400%) due 12/4/31 | 9999 |
| 35000 | Grant Thornton Advisors LLC, 6.916% (1-Month USD-SOFR + 0.300%) due 6/2/31 | 35050 |
| 25000 | Great Outdoors Group LLC, 0.000% (1-Month USD-SOFR + 0.325%) due 1/23/32 | 25050 |
| 15000 | Herc Holdings Inc., 6.006% (1-Month USD-SOFR + 0.200%) due 6/2/32 | 15066 |
| 49459 | Hexion Inc., 7.960% (1-Month USD-SOFR + 0.400%) due 3/15/29 | 48078 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **SENIOR LOANS<sup>(c)</sup> - (continued)** | **SENIOR LOANS<sup>(c)</sup> - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** |  |
| $54863 | HighTower Holding LLC, 6.651% (3-Month USD-SOFR + 0.275%) due 2/3/32 | $54794 |
| 5000 | Ineos US Finance LLC, 6.916% (1-Month USD-SOFR + 0.300%) due 2/7/31 | 4116 |
| 55000 | ION Platform Finance US Inc., 7.685% (3-Month USD-SOFR + 0.375%) due 10/7/32 | 52216 |
|  | Kaman Corp.: |  |
| 372 | &nbsp;&nbsp;1.520% (3-Month + 0.250%) due 2/26/32 | 373 |
| 41113 | &nbsp;&nbsp;&nbsp;6.378% (6-Month USD-SOFR + 0.250%) due 2/26/32 | 41228 |
| 24937 | Kenan Advantage Group Inc., 7.166% (1-Month USD-SOFR + 0.325%) due 1/25/29 | 24594 |
| 25784 | LBM Acquisition LLC, 7.810% (1-Month USD-SOFR + 0.375%) due 6/6/31 | 24259 |
| 64511 | LC Ahab US Bidco LLC, 6.916% (1-Month USD-SOFR + 0.300%) due 5/1/31 | 64659 |
| 55739 | LifePoint Health Inc., 7.655% (1-Month USD-SOFR + 0.375%) due 5/17/31 | 55873 |
| 35000 | Live Nation Entertainment Inc., 5.950% (1-Month USD-SOFR + 0.200%) due 10/21/32 | 35000 |
| 45436 | Lumen Technologies Inc., 6.380% (1-Month USD-SOFR + 0.235%) due 4/16/29 | 45135 |
| 49287 | Madison IAQ LLC, 6.637% (3-Month USD-SOFR + 0.275%) due 11/8/32 | 49489 |
| 37200 | Madison Safety & Flow LLC, 6.416% (1-Month USD-SOFR + 0.250%) due 9/26/31 | 37339 |
| 22157 | McAfee Corp., 6.916% (1-Month USD-SOFR + 0.300%) due 3/1/29 | 20420 |
| 30000 | Meade Pipeline Co. LLC, 6.003% (3-Month USD-SOFR + 0.200%) due 9/22/32 | 30113 |
| 52795 | MH Sub I LLC, 8.166% (1-Month USD-SOFR + 0.425%) due 12/31/31 | 42918 |
| 34825 | MI Windows and Doors LLC, 6.666% (1-Month USD-SOFR + 0.275%) due 3/28/31 | 34750 |
|  | Mitchell International Inc.: |  |
| 49516 | &nbsp;&nbsp;&nbsp;7.166% (1-Month USD-SOFR + 0.325%) due 6/17/31 | 49618 |
| 10000 | &nbsp;&nbsp;&nbsp;9.166% (1-Month USD-SOFR + 0.525%) due 6/17/32 | 9840 |
| 36292 | NEP Group Inc., 8.416% (1-Month USD-SOFR + 0.450%) due 10/17/31 | 33461 |
| 34913 | Nexstar Media Inc., 6.416% (1-Month USD-SOFR + 0.250%) due 6/28/32 | 34975 |
| 35000 | OPENLANE Inc., 6.365% (3-Month USD-SOFR + 0.250%) due 10/8/32 | 35000 |
| 85000 | OVG Business Services LLC, 6.916% (1-Month USD-SOFR + 0.300%) due 6/25/31 | 84841 |
| 20000 | Pacific Dental Services LLC, 0.000% (1-Month USD-SOFR + 0.325%) due 3/15/31 | 20034 |
| 25000 | PetSmart LLC, 7.960% (1-Month USD-SOFR + 0.400%) due 8/18/32 | 24771 |
| 12581 | Pinnacle Buyer LLC, 6.485% (3-Month USD-SOFR + 0.250%) due 10/1/32 | 12636 |
| 37464 | Polaris Newco LLC, 8.102% (3-Month USD-SOFR + 0.400%) due 6/2/28 | 35254 |
| 49875 | Prime Security Services Borrower LLC, 5.750% (1-Month USD-SOFR + 0.175%) due 3/7/32 | 49575 |
| 79600 | Quikrete Holdings Inc., 6.166% (1-Month USD-SOFR + 0.225%) due 2/10/32 | 79672 |
| 55000 | Radiology Partners Inc., 8.502% (3-Month USD-SOFR + 0.450%) due 6/30/32 | 54744 |
|  | RealPage Inc.: |  |
| 15000 | &nbsp;&nbsp;&nbsp;7.263% (3-Month USD-SOFR + 0.300%) due 4/24/28 | 14976 |
| 34825 | &nbsp;&nbsp;&nbsp;7.752% (3-Month USD-SOFR + 0.375%) due 4/24/28 | 34922 |
| 14574 | Sabre GLBL Inc., 10.016% (1-Month USD-SOFR + 0.600%) due 11/15/29 | 13117 |
| 63806 | Savor Acquisition Inc., 6.840% (3-Month USD-SOFR + 0.300%) due 2/19/32 | 64125 |
| 14924 | Staples Inc., 9.604% (3-Month USD-SOFR + 0.575%) due 9/4/29 | 13987 |
| 35240 | Stubhub Holdco Sub LLC, 8.666% (1-Month USD-SOFR + 0.475%) due 3/15/30 | 34337 |
| 35000 | Talen Energy Supply LLC, 0.000% due 11/25/32 | 35000 |
| 29925 | Team Health Holdings Inc., 8.340% (3-Month USD-SOFR + 0.450%) due 6/30/28 | 29954 |
| 79800 | Tecta America Corp., 6.916% (1-Month USD-SOFR + 0.300%) due 2/18/32 | 80045 |
| 14963 | TKO Worldwide Holdings LLC, 5.868% (3-Month USD-SOFR + 0.200%) due 11/21/31 | 15008 |
| 110000 | TransDigm Inc., 6.502% (3-Month USD-SOFR + 0.250%) due 8/19/32 | 110216 |
| 45000 | Trucordia Insurance Holdings LLC, 7.166% (1-Month USD-SOFR + 0.325%) due 6/17/32 | 45037 |
| 55000 | Univision Communications Inc., 0.000% due 1/31/29 | 54416 |
| 19800 | Verde Purchaser LLC, 8.002% (3-Month USD-SOFR + 0.400%) due 11/30/30 | 19607 |
| 38188 | Vestis Corp., 6.072% (3-Month USD-SOFR + 0.225%) due 2/22/31 | 34369 |
| 10000 | Victory Capital Holdings Inc., 6.102% (3-Month USD-SOFR + 0.200%) due 9/23/32 | 10054 |
| 48141 | Victra Holdings LLC, 7.752% (3-Month USD-SOFR + 0.375%) due 3/29/29 | 48141 |
| 40000 | Virgin Media Bristol LLC, 7.052% (6-Month USD-SOFR + 0.318%) due 3/31/31 | 39231 |
| 50000 | Voyager Parent LLC, 8.752% (3-Month USD-SOFR + 0.475%) due 7/1/32 | 49996 |
| 24363 | White Cap Supply Holdings LLC, 7.215% (1-Month USD-SOFR + 0.325%) due 10/19/29 | 24425 |
| 10000 | WhiteWater Matterhorn Holdings LLC, 6.252% (3-Month USD-SOFR + 0.225%) due 6/16/32 | 10014 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | | **Security** | **Value** |
| **SENIOR LOANS<sup>(c)</sup> - (continued)** | **SENIOR LOANS<sup>(c)</sup> - (continued)** | **SENIOR LOANS<sup>(c)</sup> - (continued)** | **SENIOR LOANS<sup>(c)</sup> - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** | **United States - (continued)** | **United States - (continued)** |  |
|  |  |  | X Corp.: |  |
| $| 25000 |  | &nbsp;&nbsp;&nbsp;9.500% (6-Month USD-SOFR + 0.950%) due 10/26/29 | $24760 |
|  | 44885 |  | &nbsp;&nbsp;&nbsp;10.448% (6-Month USD-SOFR + 0.650%) due 10/26/29 | 43673 |
|  | 38357 |  | Zayo Group Holdings Inc., 7.530% (1-Month USD-SOFR + 0.350%) due 3/11/30 | 36327 |
|  | 48496 |  | Zelis Cost Management Buyer Inc., 7.166% (1-Month USD-SOFR + 0.325%) due 11/26/31 | 48037 |
|  | 18227 |  | Ziggo Financing Partnership, 6.706% (6-Month USD-SOFR + 0.250%) due 4/30/28 | 18214 |
|  |  |  | Total United States | 3647410 |
|  |  |  | **TOTAL SENIOR LOANS** |  |
|  |  |  | (Cost - $4,365,964) | **4319787** |
| **Rating††** | **Rating††** |  |  |  |
| **MUNICIPAL BONDS - 0.1%** | **MUNICIPAL BONDS - 0.1%** | **MUNICIPAL BONDS - 0.1%** | **MUNICIPAL BONDS - 0.1%** |  |
| **California - 0.0%** | **California - 0.0%** | **California - 0.0%** | **California - 0.0%** |  |
|  | 20000 | AA- | Regents of the University of California Medical Center Pooled Revenue, Revenue Bonds, 6.548% due 5/15/48 | 21844 |
| **New York - 0.1%** | **New York - 0.1%** | **New York - 0.1%** | **New York - 0.1%** |  |
|  | 340000 | A | Metropolitan Transportation Authority, Revenue Bonds, 6.814% due 11/15/40 | 387207 |
|  | 580000 | A+ | New York Transportation Development Corp., Revenue Bonds, 4.248% due 9/1/35 | 573419 |
|  |  |  | Total New York | 960626 |
|  |  |  | **TOTAL MUNICIPAL BONDS** |  |
|  |  |  | (Cost - $1,136,331) | **982470** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | |  |
| **EXCHANGE TRADED FUND (ETF) - 1.9%** | **EXCHANGE TRADED FUND (ETF) - 1.9%** |  |
| 294180 | iShares Core U.S. Aggregate Bond |  |
|  | (Cost - $29,025,593) | 29659228 |
| **COMMON STOCK - 0.0%** | **COMMON STOCK - 0.0%** |  |
| **INDUSTRIAL - 0.0%** | **INDUSTRIAL - 0.0%** |  |
| **Machinery-Diversified - 0.0%** | **Machinery-Diversified - 0.0%** |  |
| 266 | Mangrove Luxco III SARL<sup>\*(d)(j)</sup> |  |
|  | (Cost - $4,765) | 4858 |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $1,660,474,300) | **1565731163** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount†** |  | |  |
| **SHORT-TERM INVESTMENTS - 1.5%** | **SHORT-TERM INVESTMENTS - 1.5%** | **SHORT-TERM INVESTMENTS - 1.5%** |  |
| **TIME DEPOSITS - 1.5%** | **TIME DEPOSITS - 1.5%** | **TIME DEPOSITS - 1.5%** |  |
| 56 | <sup>EUR</sup> | Citibank - London, 0.880% due 12/1/25 | 65 |
| 21104593 |  | Citibank - New York, 3.220% due 12/1/25 | 21104593 |
| 2196743 |  | Royal Bank of Canada - Toronto, 3.220% due 12/1/25 | 2196743 |
|  |  | **TOTAL TIME DEPOSITS** |  |
|  |  | (Cost - $23,301,401) | **23301401** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.0%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.0%** |  |
| **MONEY MARKET FUND - 0.0%** | **MONEY MARKET FUND - 0.0%** |  |
| 94035 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(k)</sup> |  |
|  | (Cost - $94,035) | 94035 |
|  | **TOTAL INVESTMENTS - 102.5%** |  |
|  | (Cost - $1,683,869,736) | **1589126599** |
|  | Liabilities in Excess of Other Assets - (2.5)% | (39423445) |
|  | **TOTAL NET ASSETS - 100.0%** | $**1549703154** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| †† | All ratings are by Standard & Poor's Rating Service, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | This security is traded on a TBA basis. |
| (b) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $260,437,474 and represents 16.81% of net assets. |
| (c) | Variable rate security. Interest rate disclosed is that which was in effect at November 30, 2025. |
| (d) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $691,210 and represents 0.04% of net assets. |
| (e) | Payment in-kind security for which part of the income earned may be paid as additional principal. At the option of the issuer. |
| (f) | All or a portion of this security is on loan. |
| (g) | Security is perpetual in nature and has no stated maturity date. |
| (h) | Interest only security. |
| (i) | Principal only security. |
| (j) | Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs. |
| (k) | Represents investment of collateral received from securities lending transactions. |

---

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| CBT | **—** | Chicago Board of Trade |
| CLO | **—** | Collateralized Loan Obligation |
| CMT | **—** | Constant Maturity Treasury Index |
| LLC | **—** | Limited Liability Company |
| LP | **—** | Limited Partnership |
| MFA | **—** | Mortgage Finance Authority |
| PLC | **—** | Public Limited Company |
| REMICS | **—** | Real Estate Mortgage Investment Conduit |
| SARL | **—** | Société à Responsabilité Limitée |
| SOFR | **—** | Secured Overnight Financing Rate |
| STRIPS | **—** | Separate Trading of Registered Interest and Principals |
| TSFR | **—** | CME Term SOFR Reference Rate |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Type^** | **Summary of Investments by Security Type^** |
| U.S. Government Agencies & Obligations | 26.1% |
| Mortgage-Backed Securities | 24.9 |
| Corporate Bonds & Notes | 18.0 |
| Collateralized Mortgage Obligations | 16.1 |
| Asset-Backed Securities | 9.2 |
| Exchange Traded Fund (ETF) | 1.9 |
| Collateralized Loan Obligations | 1.4 |
| Sovereign Bonds | 0.6 |
| Senior Loans | 0.3 |
| Municipal Bonds | 0.0 \* |
| Common Stocks | 0.0 \* |
| Short-Term Investments | 1.5 |
| Money Market Fund | 0.0 \* |
|  | 100.0% |

---

^ As a percentage of total investments.

\* Position represents less than 0.05%.

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (continued)**

At November 30, 2025, Destinations Core Fixed Income Fund had open exchange traded futures contracts as described below.

The unrealized appreciation/(depreciation) on the open contracts were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts** | **Number of<br> Contracts** | **Expiration<br> Date (Month/Year)** | **Notional<br> Amounts** | **Market Value** | **Unrealized Appreciation/<br> (Depreciation)** |
| **Contracts to Buy:** |  |  |  |  |  |
| U.S. 10 Year Note (CBT) | 62 | 3/26 | $7025938 | $7027313 | $1375 |
| U.S. 10 Year Ultra | 52 | 3/26 | 6037472 | 6042562 | 5090 |
| U.S. 2 Year Note (CBT) | 118 | 3/26 | 24651859 | 24645406 | (6453) |
| U.S. Long Bond (CBT) | 30 | 3/26 | 3619674 | 3628125 | 8451 |
|  |  |  |  |  | $8463 |
| **Contracts to Sell:** |  |  |  |  |  |
| U.S. 5 Year Note (CBT) | 223 | 3/26 | $(24480202) | $24477734 | $2468 |
| U.S. Long Bond (CBT) | 40 | 3/26 | (4687654) | 4697500 | (9846) |
|  |  |  |  |  | $(7378) |
| Net Unrealized Depreciation on Open Exchange Traded Futures Contracts |  |  |  |  | $1085 |

---

At November 30, 2025, Destinations Core Fixed Income Fund had deposited cash of $(984) with a broker or brokers as margin collateral on open exchange traded futures contracts.

At November 30, 2025, Destinations Core Fixed Income Fund held the following Centrally Cleared Interest Rate Swap Contracts:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay/Receive Floating Rate** | **Floating**<br> **Rate**<br> **Index** | **Fixed**<br> **Rate** | **Maturity<br> Date** | **Notional<br> Amounts** | **Notional<br> Amounts** | **Market<br> Value** | **Upfront<br> Premiums <br> Paid/ <br> (Received)** | **Unrealized<br> Appreciation/<br> (Depreciation)** |
| Receive | SOFR | 4.160% | 3/19/45 | USD | 7445000 | $(193514) | $(14326) | $(179188) |
| Receive | SOFR | 3.590% | 9/20/53 | USD | 1175000 | 77697 | 5065 | 72632 |
| Receive | SOFR | 3.250% | 6/21/53 | USD | 960000 | 122021 | (10562) | 132583 |
| Receive | SOFR | 2.970% | 3/15/53 | USD | 2025000 | 362296 | 6559 | 355737 |
|  |  |  |  |  |  | $**368500** | $**(13264)** | $**381764** |

---

**Schedule of Forward Sale Commitments**

---

| | | |
|:---|:---|:---|
| **Face <br> Amounts** | **Security** | **Value** |
|  | Federal National Mortgage Association: |  |
| $300000 | &nbsp;&nbsp;&nbsp;&nbsp;2.000% due 12/1/40<sup>(a)</sup> (Proceeds — $275,695) | $(277281) |
| 1550000 | &nbsp;&nbsp;&nbsp;&nbsp;3.000% due 12/1/40<sup>(a)</sup> (Proceeds — $1,486,184) | (1491317) |
| 675000 | &nbsp;&nbsp;&nbsp;&nbsp;3.500% due 12/1/40<sup>(a)</sup> (Proceeds — $654,064) | (656236) |
| 5320000 | &nbsp;&nbsp;&nbsp;&nbsp;5.000% due 12/1/54<sup>(a)</sup> (Proceeds — $5,311,644) | (5308700) |
| 3575000 | &nbsp;&nbsp;&nbsp;&nbsp;2.000% due 12/1/55<sup>(a)</sup> (Proceeds — $2,898,568) | (2908134) |
| 4446000 | &nbsp;&nbsp;&nbsp;&nbsp;2.500% due 12/1/55<sup>(a)</sup> (Proceeds — $3,816,834) | (3782043) |
| 1690000 | &nbsp;&nbsp;&nbsp;&nbsp;3.000% due 12/1/55<sup>(a)</sup> (Proceeds — $1,498,782) | (1500746) |
| 361000 | &nbsp;&nbsp;&nbsp;&nbsp;3.500% due 12/1/55<sup>(a)</sup> (Proceeds — $332,712) | (333869) |
| 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;4.000% due 12/1/55<sup>(a)</sup> (Proceeds — $1,417,441) | (1428504) |
| 2196000 | &nbsp;&nbsp;&nbsp;&nbsp;4.500% due 12/1/55<sup>(a)</sup> (Proceeds — $2,153,195) | (2149554) |
| 2830000 | &nbsp;&nbsp;&nbsp;&nbsp;2.500% due 1/1/56<sup>(a)</sup> (Proceeds — $2,410,389) | (2408147) |
| 3325000 | &nbsp;&nbsp;&nbsp;&nbsp;4.500% due 1/1/56<sup>(a)</sup> (Proceeds — $3,246,153) | (3252337) |
| 950000 | &nbsp;&nbsp;&nbsp;&nbsp;6.500% due 1/1/56<sup>(a)</sup> (Proceeds — $984,289) | (984630) |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Core Fixed Income Fund (concluded)**

---

| | | |
|:---|:---|:---|
| **Face<br> Amounts** | **Security** | **Value** |
|  | Government National Mortgage Association: |  |
| $350000 | &nbsp;&nbsp;&nbsp;&nbsp;3.000% due 12/1/55<sup>(a)</sup> (Proceeds — $315,848) | $(315727) |
| 1313000 | &nbsp;&nbsp;&nbsp;&nbsp;3.500% due 12/1/55<sup>(a)</sup> (Proceeds — $1,195,446) | (1203498) |
| 590000 | &nbsp;&nbsp;&nbsp;&nbsp;4.000% due 12/1/55<sup>(a)</sup> (Proceeds — $558,941) | (559318) |
| 180000 | &nbsp;&nbsp;&nbsp;&nbsp;4.500% due 12/1/55<sup>(a)</sup> (Proceeds — $175,577) | (176024) |
|  | **TOTAL OPEN FORWARD SALE COMMITMENTS**<br> (Proceeds — $28,731,762) | $**(28736065)** |

---

(a) This security is traded on a TBA basis.

<u>Currency Abbreviations used in this schedule:</u>

---

| | |
|:---|:---|
| EUR | Euro |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - 38.0%** | **CORPORATE BONDS & NOTES - 38.0%** | **CORPORATE BONDS & NOTES - 38.0%** | **CORPORATE BONDS & NOTES - 38.0%** |
| **Basic Materials - 0.4%** | **Basic Materials - 0.4%** | **Basic Materials - 0.4%** |  |
| 200000 |  | Freeport Indonesia PT, Senior Unsecured Notes, 4.763% due 4/14/27<sup>(a)</sup> | $200523 |
| 200000 |  | Freeport-McMoRan Inc., Company Guaranteed Notes, 4.125% due 3/1/28 | 199402 |
| 200000 |  | Gold Fields Orogen Holdings BVI Ltd., Company Guaranteed Notes, 6.125% due 5/15/29 | 210239 |
| 200000 |  | OCP SA, Senior Unsecured Notes, 6.100% due 4/30/30 | 208486 |
| 108000 |  | Rio Tinto Finance USA PLC, Company Guaranteed Notes, 4.875% due 3/14/30 | 111165 |
|  |  | Sherwin-Williams Co., Senior Unsecured Notes: |  |
| 35000 |  | &nbsp;&nbsp;4.550% due 3/1/28 | 35362 |
| 80000 |  | &nbsp;&nbsp;4.300% due 8/15/28 | 80499 |
|  |  | Total Basic Materials | 1045676 |
| **Communications - 4.4%** | **Communications - 4.4%** | **Communications - 4.4%** |  |
| 98000 |  | AppLovin Corp., Senior Unsecured Notes, 5.125% due 12/1/29 | 100245 |
| 1701000 |  | GCI LLC, Company Guaranteed Notes, 4.750% due 10/15/28<sup>(a)</sup> | 1648340 |
| 1351000 |  | Gen Digital Inc., Company Guaranteed Notes, 6.750% due 9/30/27<sup>(a)</sup> | 1377601 |
| 1848000 |  | Getty Images Inc., Company Guaranteed Notes, 14.000% due 3/1/28<sup>(a)(b)</sup> | 1755600 |
| 2169000 |  | Getty Images Inc., Senior Secured Notes, 11.250% due 2/21/30<sup>(a)</sup> | 2082335 |
| 344695 |  | Go North Group AB, zero coupon, due 12/31/49<sup>(c)(d)</sup> |  |
| 944079 |  | Go North Group AB, Senior Secured Notes, 9.808% (SOFRRATE + 5.762%) due 2/9/26<sup>(d)(e)</sup> | 908204 |
| 1835971 | <sup>SEK</sup> | Go North Group AB, Senior Unsecured Notes, 15.000% due 2/2/28<sup>(d)</sup> |  |
| 3565490 |  | GrubHub Holdings Inc., Senior Secured Notes, 13.000% due 7/31/30<sup>(a)(b)(f)</sup> | 3024625 |
| 37000 |  | Meta Platforms Inc., Senior Unsecured Notes, 4.200% due 11/15/30 | 37257 |
| 180000 |  | Millicom International Cellular SA, Senior Unsecured Notes, 5.125% due 1/15/28 | 179014 |
| 200000 |  | Telefonica Celular del Paraguay SA, Senior Unsecured Notes, 5.875% due 4/15/27 | 199000 |
| 912000 |  | T-Mobile USA Inc., Company Guaranteed Notes, 2.250% due 2/15/26 | 907973 |
| 87000 |  | Uber Technologies Inc., Senior Unsecured Notes, 4.150% due 1/15/31 | 86619 |
|  |  | Total Communications | 12306813 |
| **Consumer Cyclical - 2.2%** | **Consumer Cyclical - 2.2%** | **Consumer Cyclical - 2.2%** |  |
|  |  | Dana Inc., Senior Unsecured Notes: |  |
| 322000 |  | &nbsp;&nbsp;5.375% due 11/15/27 | 322639 |
| 1320000 |  | &nbsp;&nbsp;5.625% due 6/15/28 | 1320607 |
| 48000 |  | Darden Restaurants Inc., Senior Unsecured Notes, 4.350% due 10/15/27 | 48208 |
| 159000 |  | Delta Air Lines Inc., Senior Unsecured Notes, 4.950% due 7/10/28 | 161439 |
| 1400000 | <sup>EUR</sup> | European Entertainment Intressenter BidCo AB, Senior Secured Notes, 9.261% (3-Month EURIBOR + 7.250%) due 9/29/30<sup>(e)</sup> | 1551263 |
| 548000 |  | General Motors Financial Co., Inc., Senior Unsecured Notes, 1.250% due 1/8/26 | 546245 |
| 147000 |  | Genuine Parts Co., Senior Unsecured Notes, 4.950% due 8/15/29 | 149261 |
| 114000 |  | Hyundai Capital America, Senior Unsecured Notes, 4.550% due 9/26/29<sup>(a)</sup> | 114583 |
| 106000 |  | Marriott International Inc., Senior Unsecured Notes, 4.800% due 3/15/30 | 108358 |
|  |  | Meritage Homes Corp., Company Guaranteed Notes: |  |
| 77000 |  | &nbsp;&nbsp;5.125% due 6/6/27 | 77470 |
| 10000 |  | &nbsp;&nbsp;3.875% due 4/15/29<sup>(a)</sup> | 9797 |
| 659000 | <sup>EUR</sup> | Secop Group Holding GmbH, Senior Secured Notes, 10.380% (3-Month EURIBOR + 8.400%) due 12/29/26<sup>(e)</sup> | 769942 |
| 929000 |  | United Airlines Inc., Senior Secured Notes, 4.375% due 4/15/26<sup>(a)</sup> | 927829 |
|  |  | Total Consumer Cyclical | 6107641 |
| **Consumer Non-cyclical - 11.7%** | **Consumer Non-cyclical - 11.7%** | **Consumer Non-cyclical - 11.7%** |  |
|  |  | AbbVie Inc., Senior Unsecured Notes: |  |
| 890000 |  | &nbsp;&nbsp;2.950% due 11/21/26 | 881683 |
| 39000 |  | &nbsp;&nbsp;4.875% due 3/15/30 | 40303 |
| 9000 |  | Agilent Technologies Inc., Senior Unsecured Notes, 4.200% due 9/9/27 | 9025 |
|  |  | Altria Group Inc., Company Guaranteed Notes: |  |
| 28000 |  | &nbsp;&nbsp;6.200% due 11/1/28 | 29611 |
| 47000 |  | &nbsp;&nbsp;4.500% due 8/6/30 | 47355 |
| 17000 |  | Avery Dennison Corp., Senior Unsecured Notes, 4.875% due 12/6/28 | 17354 |
| 7000 |  | BAT Capital Corp., Company Guaranteed Notes, 4.906% due 4/2/30 | 7169 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Consumer Non-cyclical - (continued)** | **Consumer Non-cyclical - (continued)** | **Consumer Non-cyclical - (continued)** |  |
| 75000 |  | BAT International Finance PLC, Company Guaranteed Notes, 5.931% due 2/2/29 | $78839 |
| 159000 |  | Biogen Inc., Senior Unsecured Notes, 5.050% due 1/15/31 | 164532 |
| 200000 |  | BRF GmbH, Company Guaranteed Notes, 4.350% due 9/29/26 | 197586 |
| 79000 |  | Bunge Ltd. Finance Corp., Company Guaranteed Notes, 4.200% due 9/17/29 | 79017 |
| 13681000 |  | Cannabist Co. Holdings Inc., Senior Secured Notes, 9.250% due 12/31/28 | 7319335 |
| 78000 |  | Cardinal Health Inc., Senior Unsecured Notes, 5.125% due 2/15/29 | 80426 |
| 826000 |  | Charles River Laboratories International Inc., Company Guaranteed Notes, 4.250% due 5/1/28<sup>(a)</sup> | 817424 |
| 86000 |  | Edwards Lifesciences Corp., Senior Unsecured Notes, 4.300% due 6/15/28 | 86308 |
| 266000 |  | Element Fleet Management Corp., Senior Unsecured Notes, 5.037% due 3/25/30<sup>(a)</sup> | 272549 |
| 103000 |  | Elevance Health Inc., Senior Unsecured Notes, 5.150% due 6/15/29 | 106256 |
| 1451000 |  | Eli Lilly & Co., Senior Unsecured Notes, 5.000% due 2/27/26 | 1451018 |
| 112000 |  | Equifax Inc., Senior Unsecured Notes, 4.800% due 9/15/29 | 113825 |
| 920000 |  | Euronet Worldwide Inc., Senior Unsecured Notes, 0.625% due 10/1/30<sup>(a)</sup> | 821100 |
| 1199000 | <sup>EUR</sup> | Formycon AG, Company Guaranteed Notes, 9.029% (3-Month EURIBOR + 7.000%) due 7/9/29<sup>(e)</sup> | 1287946 |
| 208000 |  | GE HealthCare Technologies Inc., Senior Unsecured Notes, 4.800% due 8/14/29 | 212773 |
|  |  | Global Payments Inc., Senior Unsecured Notes: |  |
| 40000 |  | &nbsp;&nbsp;5.300% due 8/15/29 | 40931 |
| 79000 |  | &nbsp;&nbsp;4.875% due 11/15/30 | 79185 |
| 901000 |  | HCA Inc., Company Guaranteed Notes, 5.250% due 6/15/26 | 901692 |
| 70000 |  | Illumina Inc., Senior Unsecured Notes, 4.650% due 9/9/26 | 70201 |
| 200000 |  | JSW Infrastructure Ltd., Senior Secured Notes, 4.950% due 1/21/29 | 199979 |
| 114000 |  | Laboratory Corp. of America Holdings, Company Guaranteed Notes, 4.350% due 4/1/30 | 114299 |
| 7075000 |  | Leafly Holdings Inc., Senior Unsecured Notes, 8.000% due 7/1/25<sup>@(c)(d)</sup> | 6013750 |
| 11250000 | <sup>SEK</sup> | Magle Chemoswed Holding AB, Senior Secured Notes, 8.369% (3-Month SEK-STIBOR + 6.500%) due 7/4/28<sup>(c)(e)</sup> | 1152042 |
| 185000 |  | Mars Inc., Senior Unsecured Notes, 4.800% due 3/1/30<sup>(a)</sup> | 189511 |
| 74000 |  | Merck Sharp & Dohme Corp., Company Guaranteed Notes, 5.950% due 12/1/28 | 78374 |
| 200000 |  | NBM US Holdings Inc., Company Guaranteed Notes, 7.000% due 5/14/26 | 200169 |
| 2300000 | <sup>EUR</sup> | OP Holdco GmbH, Senior Secured Notes, 8.576% (3-Month EURIBOR + 6.500%) due 6/5/29<sup>(a)(e)</sup> | 2500500 |
| 39000 |  | PayPal Holdings Inc., Senior Unsecured Notes, 4.450% due 3/6/28 | 39486 |
| 2354000 |  | Performance Food Group Inc., Company Guaranteed Notes, 5.500% due 10/15/27<sup>(a)</sup> | 2353856 |
| 429000 |  | Pfizer Inc., Senior Unsecured Notes, 4.200% due 11/15/30 | 431053 |
| 412000 |  | Prime Security Services Borrower LLC/Prime Finance Inc., Senior Secured Notes, 5.750% due 4/15/26<sup>(a)</sup> | 413144 |
| 135087 |  | Prumo Participacoes e Investimentos S/A, Senior Secured Notes, 7.500% due 12/31/31 | 137929 |
|  |  | Quanta Services Inc., Senior Unsecured Notes: |  |
| 78000 |  | &nbsp;&nbsp;4.750% due 8/9/27 | 78801 |
| 81000 |  | &nbsp;&nbsp;4.500% due 1/15/31 | 81341 |
| 93000 |  | Quest Diagnostics Inc., Senior Unsecured Notes, 4.200% due 6/30/29 | 93403 |
| 146667 |  | Rutas 2 & 7 Finance Ltd., Senior Secured Notes, zero coupon, due 9/30/36 | 109547 |
| 81000 |  | Sysco Corp., Company Guaranteed Notes, 5.100% due 9/23/30 | 83668 |
| 1815000 |  | Trulieve Cannabis Corp., Senior Secured Notes, 8.000% due 10/6/26 | 1816265 |
| 87000 |  | Verisk Analytics Inc., Senior Unsecured Notes, 4.500% due 8/15/30 | 87705 |
| 1370000 |  | Williams Scotsman Inc., Senior Secured Notes, 4.625% due 8/15/28<sup>(a)</sup> | 1353321 |
|  |  | Zimmer Biomet Holdings Inc., Senior Unsecured Notes: |  |
| 31000 |  | &nbsp;&nbsp;4.700% due 2/19/27 | 31209 |
| 90000 |  | &nbsp;&nbsp;5.050% due 2/19/30 | 92814 |
|  |  | Total Consumer Non-cyclical | 32865609 |
| **Energy - 3.3%** | **Energy - 3.3%** | **Energy - 3.3%** |  |
| 162500 |  | AI Candelaria - spain- SA, Senior Secured Notes, 7.500% due 12/15/28 | 164328 |
| 55000 |  | Boardwalk Pipelines LP, Company Guaranteed Notes, 4.450% due 7/15/27 | 55154 |
| 133000 |  | Cheniere Energy Partners LP, Company Guaranteed Notes, 4.500% due 10/1/29 | 132962 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Energy - (continued)** | **Energy - (continued)** |  |
|  | Coterra Energy Inc., Senior Unsecured Notes: |  |
| 10000 | &nbsp;&nbsp;3.900% due 5/15/27 | $9959 |
| 7000 | &nbsp;&nbsp;4.375% due 3/15/29 | 7011 |
| 24000 | DCP Midstream Operating LP, Company Guaranteed Notes, 5.125% due 5/15/29 | 24567 |
| 27000 | Devon Energy Corp., Senior Unsecured Notes, 5.250% due 10/15/27 | 27000 |
| 44000 | Enbridge Inc., Company Guaranteed Notes, 6.000% due 11/15/28 | 46258 |
| 183000 | Energy Transfer LP, Senior Unsecured Notes, 6.050% due 12/1/26 | 186183 |
| 2400000 | Forum Energy Technologies Inc., Senior Secured Notes, 10.500% due 11/7/29 | 2472000 |
| 94160 | GNL Quintero SA, Senior Unsecured Notes, 4.634% due 7/31/29 | 94273 |
| 2800000 | HMH Holding BV, Senior Secured Notes, 9.875% due 11/16/26 | 2861420 |
| 76000 | Kinder Morgan Inc., Company Guaranteed Notes, 5.000% due 2/1/29 | 77896 |
| 158000 | MPLX LP, Senior Unsecured Notes, 4.800% due 2/15/29 | 160535 |
| 1901000 | Nabors Industries Ltd., Company Guaranteed Notes, 7.500% due 1/15/28<sup>(a)</sup> | 1903452 |
| 123000 | NGPL PipeCo LLC, Senior Unsecured Notes, 4.875% due 8/15/27<sup>(a)</sup> | 123309 |
|  | ONEOK Inc., Company Guaranteed Notes: |  |
| 160000 | &nbsp;&nbsp;5.375% due 6/1/29 | 164900 |
| 79000 | &nbsp;&nbsp;4.400% due 10/15/29 | 79246 |
|  | Petrobras Global Finance BV, Company Guaranteed Notes: |  |
| 100000 | &nbsp;&nbsp;7.375% due 1/17/27 | 103333 |
| 50000 | &nbsp;&nbsp;5.999% due 1/27/28 | 51219 |
|  | Targa Resources Partners LP/Targa Resources Partners Finance Corp., Company Guaranteed Notes: |  |
| 77000 | &nbsp;&nbsp;6.875% due 1/15/29 | 78101 |
| 117000 | &nbsp;&nbsp;5.500% due 3/1/30 | 119052 |
|  | Western Midstream Operating LP, Senior Unsecured Notes: |  |
| 16000 | &nbsp;&nbsp;6.350% due 1/15/29 | 16884 |
| 100000 | &nbsp;&nbsp;4.050% due 2/1/30 | 98346 |
| 109000 | Williams Cos., Inc., Senior Unsecured Notes, 4.800% due 11/15/29 | 111158 |
|  | Total Energy | 9168546 |
| **Financial - 5.8%** | **Financial - 5.8%** |  |
| 258000 | AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Company Guaranteed Notes, 5.750% due 6/6/28 | 267482 |
| 84000 | Agree LP, Company Guaranteed Notes, 2.900% due 10/1/30 | 78798 |
| 256000 | American Express Co., Senior Unsecured Notes, 4.731% (SOFRRATE + 1.260%) due 4/25/29<sup>(e)</sup> | 260251 |
| 57000 | American Homes 4 Rent LP, Senior Unsecured Notes, 4.250% due 2/15/28 | 57111 |
| 288000 | American Tower Corp., Senior Unsecured Notes, 4.900% due 3/15/30 | 294708 |
|  | Athene Global Funding, Secured Notes: |  |
| 107000 | &nbsp;&nbsp;4.721% due 10/8/29<sup>(a)</sup> | 107030 |
| 181000 | &nbsp;&nbsp;5.033% due 7/17/30<sup>(a)</sup> | 183162 |
|  | Aviation Capital Group LLC, Senior Unsecured Notes: |  |
| 16000 | &nbsp;&nbsp;6.250% due 4/15/28<sup>(a)</sup> | 16644 |
| 189000 | &nbsp;&nbsp;4.800% due 10/24/30<sup>(a)</sup> | 189307 |
|  | Avolon Holdings Funding Ltd., Company Guaranteed Notes: |  |
| 75000 | &nbsp;&nbsp;6.375% due 5/4/28<sup>(a)</sup> | 78206 |
| 174000 | &nbsp;&nbsp;5.375% due 5/30/30<sup>(a)</sup> | 178889 |
| 150000 | Banco Continental SAECA, Senior Unsecured Notes, 2.750% due 12/10/25 | 149550 |
| 150000 | Banco Continental SAECA, Senior Unsecured Notes, 2.750% due 12/10/25<sup>(a)</sup> | 149550 |
| 200000 | Banco de Bogota SA, Subordinated Notes, 6.250% due 5/12/26 | 200755 |
| 200000 | Banco de Credito del Peru SA, Subordinated Notes, 3.250% (5-Year CMT Index + 2.450%) due 9/30/31<sup>(e)</sup> | 197132 |
| 300000 | Banco Industrial SA, Subordinated Notes, 4.875% (5-Year CMT Index + 4.442%) due 1/29/31<sup>(e)</sup> | 298485 |
| 200000 | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand, Subordinated Notes, 7.525% (5-Year CMT Index + 2.995%) due 10/1/28<sup>(e)</sup> | 213723 |
| 200000 | Bank Negara Indonesia Persero Tbk PT, Subordinated Notes, 3.750% due 3/30/26 | 198810 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Financial - (continued)** | **Financial - (continued)** | **Financial - (continued)** |  |
|  |  | Bank of America Corp., Senior Unsecured Notes: |  |
| 58000 |  | &nbsp;&nbsp;3.559% (3-Month TSFR + 1.322%) due 4/23/27<sup>(e)</sup> | $57866 |
| 157000 |  | &nbsp;&nbsp;4.979% (SOFRRATE + 0.830%) due 1/24/29<sup>(e)</sup> | 159935 |
| 2104000 |  | BGC Group Inc., Senior Unsecured Notes, 4.375% due 12/15/25 | 2102725 |
|  |  | Brown & Brown Inc., Senior Unsecured Notes: |  |
| 25000 |  | &nbsp;&nbsp;4.700% due 6/23/28 | 25242 |
| 26000 |  | &nbsp;&nbsp;4.500% due 3/15/29 | 26089 |
|  |  | Canadian Imperial Bank of Commerce, Senior Unsecured Notes: |  |
| 247000 |  | &nbsp;&nbsp;4.243% (SOFRRATE + 0.600%) due 9/8/28<sup>(e)</sup> | 247611 |
| 78000 |  | &nbsp;&nbsp;5.245% (SOFRRATE + 1.105%) due 1/13/31<sup>(e)</sup> | 80831 |
|  |  | Citigroup Inc., Senior Unsecured Notes: |  |
| 95000 |  | &nbsp;&nbsp;4.786% (SOFRRATE + 0.870%) due 3/4/29<sup>(e)</sup> | 96343 |
| 201000 |  | &nbsp;&nbsp;4.542% (SOFRRATE + 1.338%) due 9/19/30<sup>(e)</sup> | 202834 |
| 28000 |  | CNA Financial Corp., Senior Unsecured Notes, 3.900% due 5/1/29 | 27731 |
| 3307424 |  | Compass Group Diversified Holdings LLC, Company Guaranteed Notes, 5.250% due 4/15/29<sup>(a)</sup> | 3090418 |
| 100000 |  | Corebridge Global Funding, Senior Secured Notes, 5.750% due 7/2/26<sup>(a)</sup> | 101002 |
| 55000 |  | CubeSmart LP, Company Guaranteed Notes, 4.375% due 2/15/29 | 55206 |
| 200000 |  | DBS Group Holdings Ltd., Subordinated Notes, 1.822% (5-Year CMT Index + 1.100%) due 3/10/31<sup>(e)</sup> | 198463 |
| 159000 |  | Equinix Europe 2 Financing Corp. LLC, Company Guaranteed Notes, 4.600% due 11/15/30 | 160044 |
| 313000 |  | Extra Space Storage LP, Company Guaranteed Notes, 5.500% due 7/1/30 | 327225 |
| 124000 |  | Goldman Sachs Bank USA, Senior Unsecured Notes, 4.893% (SOFRRATE + 0.770%) due 3/18/27<sup>(e)</sup> | 124159 |
| 81000 |  | Goldman Sachs Group Inc., Senior Unsecured Notes, 4.153% (SOFRRATE + 0.900%) due 10/21/29<sup>(e)</sup> | 81058 |
| 2734000 |  | Icahn Enterprises LP/Icahn Enterprises Finance Corp., Senior Secured Notes, 5.250% due 5/15/27 | 2698865 |
| 260000 |  | Intercorp Financial Services Inc., Senior Unsecured Notes, 4.125% due 10/19/27 | 258616 |
| 1902 |  | Interoceanica IV Finance Ltd., Senior Secured Notes, zero coupon, due 11/30/25 | 1902 |
| 200000 |  | Itau Unibanco Holding SA, Subordinated Notes, 3.875% (5-Year CMT Index + 3.446%) due 4/15/31<sup>(e)</sup> | 198207 |
|  |  | JPMorgan Chase & Co., Senior Unsecured Notes: |  |
| 182000 |  | &nbsp;&nbsp;4.993% (SOFRRATE + 0.920%) due 4/22/28<sup>(e)</sup> | 183186 |
| 127000 |  | &nbsp;&nbsp;4.915% (SOFRRATE + 0.800%) due 1/24/29<sup>(e)</sup> | 129429 |
| 110000 |  | LPL Holdings Inc., Company Guaranteed Notes, 4.625% due 11/15/27<sup>(a)</sup> | 109976 |
| 53000 |  | M&T Bank Corp., Senior Unsecured Notes, 4.833% (SOFRRATE + 0.930%) due 1/16/29<sup>(e)</sup> | 53766 |
|  |  | New York Life Global Funding, Secured Notes: |  |
| 10000 |  | &nbsp;&nbsp;4.648% (SOFRRATE + 0.480%) due 6/9/26<sup>(a)(e)</sup> | 10013 |
| 13000 |  | &nbsp;&nbsp;4.700% due 1/29/29<sup>(a)</sup> | 13253 |
| 2500000 | <sup>SEK</sup> | Novedo Holding AB, Senior Secured Notes, 9.144% (3-Month SEK-STIBOR + 7.000%) due 9/23/27<sup>(e)</sup> | 253363 |
| 573000 |  | Oaktree Strategic Credit Fund, Senior Unsecured Notes, 6.190% due 7/15/30<sup>(a)</sup> | 578022 |
| 75000 |  | Omega Healthcare Investors Inc., Company Guaranteed Notes, 4.750% due 1/15/28 | 75645 |
| 200000 |  | Oversea-Chinese Banking Corp., Ltd, Subordinated Notes, 4.602% (5-Year CMT Index + 1.575%) due 6/15/32<sup>(e)</sup> | 200695 |
| 9000 |  | Pacific Life Global Funding II, Senior Secured Notes, 4.799% (SOFRRATE + 0.620%) due 6/4/26<sup>(a)(e)</sup> | 9017 |
| 154000 |  | Royal Bank of Canada, Senior Unsecured Notes, 4.940% (SOFRRATE + 0.860%) due 10/18/28<sup>(e)</sup> | 154944 |
| 40000 |  | State Street Corp., Senior Unsecured Notes, 4.543% (SOFRRATE + 0.950%) due 4/24/28<sup>(e)</sup> | 40331 |
| 264000 |  | Truist Financial Corp., Senior Unsecured Notes, 7.161% (SOFRRATE + 2.446%) due 10/30/29<sup>(e)</sup> | 285856 |
| 200000 |  | United Overseas Bank Ltd., Subordinated Notes, 2.000% (5-Year CMT Index + 1.230%) due 10/14/31<sup>(e)</sup> | 195978 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Financial - (continued)** | **Financial - (continued)** | **Financial - (continued)** |  |
| 225000 |  | VICI Properties LP/VICI Note Co., Inc., Company Guaranteed Notes, 4.250% due 12/1/26<sup>(a)</sup> | $224881 |
|  |  | Wells Fargo & Co., Senior Unsecured Notes: |  |
| 164000 |  | &nbsp;&nbsp;5.143% (SOFRRATE + 1.070%) due 4/22/28<sup>(e)</sup> | 164959 |
| 76000 |  | &nbsp;&nbsp;6.303% (SOFRRATE + 1.790%) due 10/23/29<sup>(e)</sup> | 80475 |
|  |  | Total Financial | 16205754 |
| **Healthcare - 1.9%** | **Healthcare - 1.9%** | **Healthcare - 1.9%** |  |
| 6068970 |  | ProSomnus Inc., Senior Secured Notes, 8.000% due 12/31/26<sup>@(c)(d)</sup> | 5410487 |
| **Industrial - 3.3%** | **Industrial - 3.3%** | **Industrial - 3.3%** |  |
| 205000 | <sup>EUR</sup> | Alltub Group SAS, Senior Secured Notes, 8.498% (3-Month EURIBOR + 6.500%) due 4/30/30<sup>(e)</sup> | 240701 |
| 90000 |  | Amrize Finance US LLC, Company Guaranteed Notes, 4.700% due 4/7/28<sup>(a)</sup> | 91113 |
| 128000 |  | Arrow Electronics Inc., Senior Unsecured Notes, 5.150% due 8/21/29 | 131163 |
| 221979 |  | Bioceanico Sovereign Certificate Ltd., Senior Secured Notes, zero coupon, due 6/5/34 | 182067 |
| 15590000 | <sup>SEK</sup> | Cabonline Group Holding AB, Senior Secured Notes, 10.000% due 3/19/28 | 1567597 |
| 185000 |  | Canadian Pacific Railway Co., Company Guaranteed Notes, 4.800% due 3/30/30 | 189823 |
| 200000 |  | Cemex SAB de CV, Subordinated Notes, 5.125% (5-Year CMT Index + 4.534%)<sup>(e)(g)</sup> | 199245 |
|  |  | GATX Corp., Senior Unsecured Notes: |  |
| 81000 |  | &nbsp;&nbsp;4.700% due 4/1/29 | 82095 |
| 5000 |  | &nbsp;&nbsp;4.000% due 6/30/30 | 4931 |
| 2845000 |  | Imola Merger Corp., Senior Secured Notes, 4.750% due 5/15/29<sup>(a)</sup> | 2810139 |
| 249000 |  | Jacobs Engineering Group Inc., Company Guaranteed Notes, 6.350% due 8/18/28 | 262752 |
| 114361 |  | Lima Metro Line 2 Finance Ltd., Senior Secured Notes, 5.875% due 7/5/34 | 118724 |
| 165000 |  | MasTec Inc., Company Guaranteed Notes, 4.500% due 8/15/28<sup>(a)</sup> | 164666 |
| 200000 |  | MISC Capital Two Labuan Ltd., Company Guaranteed Notes, 3.750% due 4/6/27 | 198538 |
| 67000 |  | Molex Electronic Technologies LLC, Senior Unsecured Notes, 4.750% due 4/30/28<sup>(a)</sup> | 67764 |
| 214000 |  | New Enterprise Stone & Lime Co., Inc., Senior Unsecured Notes, 9.750% due 7/15/28<sup>(a)</sup> | 214215 |
| 172000 |  | Northrop Grumman Corp., Senior Unsecured Notes, 4.650% due 7/15/30 | 175384 |
| 159000 |  | Penske Truck Leasing Co. LP/PTL Finance Corp., Senior Unsecured Notes, 5.250% due 2/1/30<sup>(a)</sup> | 164035 |
| 157000 |  | Republic Services Inc., Senior Unsecured Notes, 4.750% due 7/15/30 | 161201 |
|  |  | Ryder System Inc., Senior Unsecured Notes: |  |
| 6000 |  | &nbsp;&nbsp;5.250% due 6/1/28 | 6164 |
| 63000 |  | &nbsp;&nbsp;4.300% due 12/1/30 | 62902 |
| 63000 |  | Sonoco Products Co., Senior Unsecured Notes, 4.450% due 9/1/26 | 63046 |
| 167000 |  | Veralto Corp., Company Guaranteed Notes, 5.500% due 9/18/26 | 168565 |
| 2077000 |  | XPO Inc., Senior Secured Notes, 6.250% due 6/1/28<sup>(a)</sup> | 2119462 |
|  |  | Total Industrial | 9446292 |
| **Technology - 3.8%** | **Technology - 3.8%** | **Technology - 3.8%** |  |
| 76000 |  | Atlassian Corp., Senior Unsecured Notes, 5.250% due 5/15/29 | 78006 |
| 1400000 | <sup>EUR</sup> | Azerion Group NV, Senior Secured Notes, 7.532% (3-Month EURIBOR + 5.500%) due 10/2/29<sup>(e)</sup> | 1561037 |
| 67000 |  | Broadcom Inc., Senior Unsecured Notes, 4.350% due 2/15/30 | 67571 |
| 163000 |  | Dell International LLC/EMC Corp., Company Guaranteed Notes, 4.350% due 2/1/30 | 163082 |
| 1115000 |  | Fair Isaac Corp., Senior Unsecured Notes, 5.250% due 5/15/26<sup>(a)</sup> | 1117197 |
| 252000 |  | Fiserv Inc., Senior Unsecured Notes, 4.750% due 3/15/30 | 253507 |
|  |  | Hewlett Packard Enterprise Co., Senior Unsecured Notes: |  |
| 141000 |  | &nbsp;&nbsp;4.050% due 9/15/27 | 140871 |
| 213000 |  | &nbsp;&nbsp;4.550% due 10/15/29 | 214492 |
| 17493689 | <sup>SEK</sup> | Impala BondCo PLC, Senior Secured Notes, 12.000% due 10/30/27<sup>(c)(h)</sup> | 1110957 |
| 74000 |  | Kyndryl Holdings Inc., Senior Unsecured Notes, 2.050% due 10/15/26 | 72549 |
| 81000 |  | Marvell Technology Inc., Company Guaranteed Notes, 4.750% due 7/15/30 | 82204 |
| 63000 |  | Marvell Technology Inc., Senior Unsecured Notes, 5.750% due 2/15/29 | 65840 |
| 121000 |  | NXP BV/NXP Funding LLC/NXP USA Inc., Company Guaranteed Notes, 4.300% due 8/19/28 | 121353 |
| 47000 |  | Oracle Corp., Senior Unsecured Notes, 4.450% due 9/26/30 | 46312 |
| 46000 |  | Paychex Inc., Senior Unsecured Notes, 5.100% due 4/15/30 | 47273 |
| 49000 |  | Roper Technologies Inc., Senior Unsecured Notes, 4.250% due 9/15/28 | 49230 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |
| **Technology - (continued)** | **Technology - (continued)** | **Technology - (continued)** |  |
| 2653000 |  | SS&C Technologies Inc., Company Guaranteed Notes, 5.500% due 9/30/27<sup>(a)</sup> | $2652574 |
| 1900000 | <sup>EUR</sup> | Trustly AB, Senior Secured Notes, 8.776% (3-Month EURIBOR + 6.750%) due 10/8/30<sup>(e)</sup> | 2148258 |
| 612000 |  | Western Digital Corp., Company Guaranteed Notes, 4.750% due 2/15/26 | 611477 |
|  |  | Total Technology | 10603790 |
| **Utilities - 1.2%** | **Utilities - 1.2%** | **Utilities - 1.2%** |  |
| 208000 |  | American Electric Power Co., Inc., Senior Unsecured Notes, 5.200% due 1/15/29 | 214871 |
| 65000 |  | Black Hills Corp., Senior Unsecured Notes, 4.550% due 1/31/31 | 65022 |
| 50000 |  | CenterPoint Energy Inc., Senior Unsecured Notes, 5.400% due 6/1/29 | 51848 |
| 179000 |  | Chile Electricity Lux MPC SARL, Government Guaranteed Notes, 6.010% due 1/20/33 | 187508 |
| 271250 |  | Chile Electricity PEC SpA, Senior Secured Notes, zero coupon, due 1/25/28 | 244125 |
| 200000 |  | Comision Federal de Electricidad, Senior Unsecured Notes, 4.750% due 2/23/27 | 200444 |
| 92000 |  | Dominion Energy Inc., Senior Unsecured Notes, 5.000% due 6/15/30 | 94766 |
| 95000 |  | DTE Energy Co., Senior Unsecured Notes, 5.200% due 4/1/30 | 98246 |
|  |  | Essential Utilities Inc., Senior Unsecured Notes: |  |
| 63000 |  | &nbsp;&nbsp;4.800% due 8/15/27 | 63670 |
| 4000 |  | &nbsp;&nbsp;3.566% due 5/1/29 | 3915 |
| 157000 |  | Evergy Kansas Central Inc., Senior Unsecured Notes, 4.700% due 3/13/28 | 158798 |
| 98000 |  | Exelon Corp., Senior Unsecured Notes, 5.150% due 3/15/29 | 100918 |
| 4000 |  | FirstEnergy Transmission LLC, Senior Unsecured Notes, 4.550% due 1/15/30 | 4051 |
| 323000 |  | Interstate Power & Light Co., Senior Unsecured Notes, 3.600% due 4/1/29 | 317101 |
| 139000 |  | JSW Hydro Energy Ltd., Senior Secured Notes, 4.125% due 5/18/31 | 129460 |
| 219436 |  | Mexico Generadora de Energia S de rl, Senior Secured Notes, 5.500% due 12/6/32 | 224748 |
| 78000 |  | National Fuel Gas Co., Senior Unsecured Notes, 5.500% due 3/15/30 | 80759 |
|  |  | National Rural Utilities Cooperative Finance Corp., Senior Unsecured Notes: |  |
| 78000 |  | &nbsp;&nbsp;4.750% due 2/7/28 | 79165 |
| 79000 |  | &nbsp;&nbsp;4.150% due 8/25/28 | 79449 |
| 156000 |  | NextEra Energy Capital Holdings Inc., Company Guaranteed Notes, 4.685% due 9/1/27 | 157651 |
| 160000 |  | Niagara Mohawk Power Corp., Senior Unsecured Notes, 4.647% due 10/3/30<sup>(a)</sup> | 161180 |
| 159000 |  | NiSource Inc., Senior Unsecured Notes, 5.200% due 7/1/29 | 164205 |
| 200000 |  | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, Senior Unsecured Notes, 4.125% due 5/15/27 | 199501 |
| 44000 |  | Pinnacle West Capital Corp., Senior Unsecured Notes, 4.900% due 5/15/28 | 44756 |
| 150000 |  | Public Service Enterprise Group Inc., Senior Unsecured Notes, 5.875% due 10/15/28 | 156977 |
| 27000 |  | Southern Co. Gas Capital Corp., Company Guaranteed Notes, 4.050% due 9/15/28 | 27017 |
| 66000 |  | Southern Power Co., Senior Unsecured Notes, 4.250% due 10/1/30 | 65892 |
|  |  | Total Utilities | 3376043 |
|  |  | **TOTAL CORPORATE BONDS & NOTES** |  |
|  |  | (Cost - $115,115,265) | **106536651** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 11.6%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 11.6%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 11.6%** |  |
| **Mortgage Securities - 11.6%** | **Mortgage Securities - 11.6%** | **Mortgage Securities - 11.6%** |  |
| 120000 |  | 1211 Avenue of the Americas Trust, Series 2015-1211, Class A1A1, 3.901% due 8/10/35<sup>(a)</sup> | 115350 |
| 200000 |  | 280 Park Avenue Mortgage Trust, Series 2017-280P, Class A, 5.152% (1-Month TSFR + 1.180%) due 9/15/34<sup>(a)(e)</sup> | 198391 |
| 139701 |  | Angel Oak Mortgage Trust, Series 2020-6, Class A1, 1.261% due 5/25/65<sup>(a)(e)</sup> | 128872 |
| 183000 |  | Arbor Multifamily Mortgage Securities Trust, Series 2021-MF2, Class A2, 2.023% due 6/15/54<sup>(a)</sup> | 180127 |
|  |  | BANK: |  |
| 1208448 |  | &nbsp;&nbsp;Series 2017-BNK4, Class XA, 1.485% due 5/15/50<sup>(e)(i)</sup> | 16052 |
| 1383793 |  | &nbsp;&nbsp;Series 2017-BNK6, Class XA, 0.902% due 7/15/60<sup>(e)(i)</sup> | 12058 |
| 220000 |  | &nbsp;&nbsp;Series 2021-BN33, Class ASB, 2.218% due 5/15/64 | 209133 |
|  |  | BANK5: |  |
| 206944 |  | &nbsp;&nbsp;Series 2024-5YR5, Class A3, 5.702% due 2/15/29 | 215178 |
| 246377 |  | &nbsp;&nbsp;Series 2024-5YR8, Class A1, 5.188% due 8/15/57 | 250545 |
|  |  | BBCMS Mortgage Trust: |  |
| 176201 |  | &nbsp;&nbsp;Series 2024-C24, Class A1, 5.229% due 2/15/57 | 177950 |
| 248432 |  | &nbsp;&nbsp;Series 2025-5C33, Class A1, 4.971% due 3/15/58 | 252098 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
|  | Benchmark Mortgage Trust: |  |
| 9189598 | &nbsp;&nbsp;Series 2018-B4, Class XA, 0.612% due 7/15/51<sup>(e)(i)</sup> | $82872 |
| 147656 | &nbsp;&nbsp;Series 2019-B14, Class A2, 2.915% due 12/15/62 | 142799 |
| 3541590 | &nbsp;&nbsp;Series 2020-B16, Class XA, 0.910% due 2/15/53<sup>(e)(i)</sup> | 102614 |
| 235000 | &nbsp;&nbsp;Series 2024-V5, Class A3, 5.805% due 1/10/57 | 245168 |
| 243621 | &nbsp;&nbsp;Series 2024-V8, Class A1, 5.514% due 7/15/57 | 247698 |
| 295200 | &nbsp;&nbsp;Series 2025-V16, Class A1, 4.653% due 8/15/58 | 297072 |
| 150000 | BFLD Mortgage Trust, Series 2024-VICT, Class A, 5.849% (1-Month TSFR + 1.890%) due 7/15/41<sup>(a)(e)</sup> | 150468 |
| 303625 | BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, 5.301% (1-Month TSFR + 1.342%) due 3/15/41<sup>(a)(e)</sup> | 303625 |
|  | BMO Mortgage Trust: |  |
| 119348 | &nbsp;&nbsp;Series 2023-C5, Class A1, 5.740% due 6/15/56 | 120633 |
| 242750 | &nbsp;&nbsp;Series 2024-5C4, Class A1, 6.017% due 5/15/57 | 248853 |
| 241000 | &nbsp;&nbsp;Series 2024-5C6, Class A2, 4.869% due 9/15/57 | 244941 |
| 255078 | &nbsp;&nbsp;Series 2024-C9, Class A1, 5.478% due 7/15/57 | 259472 |
| 160000 | BPR Trust, Series 2021-TY, Class A, 5.123% (1-Month TSFR + 1.164%) due 9/15/38<sup>(a)(e)</sup> | 159950 |
|  | BRAVO Residential Funding Trust: |  |
| 685600 | &nbsp;&nbsp;Series 2022-RPL1, Class A1, 2.750% due 9/25/61<sup>(a)(e)</sup> | 633853 |
| 353272 | &nbsp;&nbsp;Series 2023-NQM5, Class A1, step bond to yield, 6.505% due 6/25/63<sup>(a)</sup> | 355250 |
| 126330 | BX, Series 2021-MFM1, Class B, 5.023% (1-Month TSFR + 1.064%) due 1/15/34<sup>(a)(e)</sup> | 126254 |
|  | BX Commercial Mortgage Trust: |  |
| 62181 | &nbsp;&nbsp;Series 2021-21M, Class A, 4.803% (1-Month TSFR + 0.844%) due 10/15/36<sup>(a)(e)</sup> | 62066 |
| 109223 | &nbsp;&nbsp;Series 2021-ACNT, Class B, 5.323% (1-Month TSFR + 1.364%) due 11/15/38<sup>(a)(e)</sup> | 109149 |
| 100682 | &nbsp;&nbsp;Series 2021-XL2, Class A, 4.762% (1-Month TSFR + 0.803%) due 10/15/38<sup>(a)(e)</sup> | 100556 |
| 77000 | &nbsp;&nbsp;Series 2021-XL2, Class B, 5.071% (1-Month TSFR + 1.112%) due 10/15/38<sup>(a)(e)</sup> | 76880 |
| 40573 | &nbsp;&nbsp;Series 2022-LP2, Class A, 4.972% (1-Month TSFR + 1.013%) due 2/15/39<sup>(a)(e)</sup> | 40497 |
| 114994 | &nbsp;&nbsp;Series 2025-BCAT, Class A, 5.339% (1-Month TSFR + 1.380%) due 8/15/42<sup>(a)(e)</sup> | 114994 |
| 160000 | BX Mortgage Trust, Series 2021-PAC, Class A, 4.763% (1-Month TSFR + 0.804%) due 10/15/36<sup>(a)(e)</sup> | 159703 |
|  | BX Trust: |  |
| 160000 | &nbsp;&nbsp;Series 2021-LGCY, Class B, 4.928% (1-Month TSFR + 0.969%) due 10/15/36<sup>(a)(e)</sup> | 159207 |
| 160613 | &nbsp;&nbsp;Series 2021-RISE, Class A, 4.821% (1-Month TSFR + 0.862%) due 11/15/36<sup>(a)(e)</sup> | 160312 |
| 111357 | &nbsp;&nbsp;Series 2021-SDMF, Class B, 4.811% (1-Month TSFR + 0.852%) due 9/15/34<sup>(a)(e)</sup> | 110735 |
| 160000 | &nbsp;&nbsp;Series 2022-LBA6, Class A, 4.959% (1-Month TSFR + 1.000%) due 1/15/39<sup>(a)(e)</sup> | 159801 |
| 1633332 | &nbsp;&nbsp;Series 2025-LUNR, Class A, 5.459% (1-Month TSFR + 1.500%) due 6/15/40<sup>(a)(e)</sup> | 1633331 |
| 156582 | Cantor Commercial Real Estate Lending, Series 2019-CF1, Class A2, 3.623% due 5/15/52 | 153921 |
| 1254583 | CD Mortgage Trust, Series 2017-CD4, Class XA, 1.370% due 5/10/50<sup>(e)(i)</sup> | 13658 |
| 287000 | CFCRE Commercial Mortgage Trust, Series 2017-C8, Class XB, 1.053% due 6/15/50<sup>(e)(i)</sup> | 3164 |
|  | Citigroup Commercial Mortgage Trust: |  |
| 65217 | &nbsp;&nbsp;Series 2016-P3, Class A3, 3.063% due 4/15/49 | 65021 |
| 400000 | &nbsp;&nbsp;Series 2016-P3, Class A4, 3.329% due 4/15/49 | 397853 |
| 200000 | &nbsp;&nbsp;Series 2016-P4, Class A4, 2.902% due 7/10/49 | 198068 |
| 250513 | &nbsp;&nbsp;Series 2017-P7, Class A3, 3.442% due 4/14/50 | 248109 |
| 76391 | COLT Mortgage Pass-Through Certificates, Series 2021-1R, Class A1, 0.857% due 5/25/65<sup>(a)(e)</sup> | 69877 |
| 521613 | COLT Trust, Series 2021-RPL1, Class A1, 1.665% due 9/25/61<sup>(a)(e)</sup> | 483390 |
| 227000 | Commercial Mortgage Trust, Series 2018-HCLV, Class A, 5.255% (1-Month TSFR + 1.296%) due 9/15/33<sup>(a)(e)</sup> | 208898 |
| 472073 | Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, 5.122% (SOFR30A + 1.050%) due 1/25/44<sup>(a)(e)</sup> | 471632 |
|  | Cross Mortgage Trust: |  |
| 517000 | &nbsp;&nbsp;Series 2024-H1, Class A1, step bond to yield, 6.085% due 12/25/68<sup>(a)</sup> | 520904 |
| 578651 | &nbsp;&nbsp;Series 2024-H5, Class A1, step bond to yield, 5.854% due 8/26/69<sup>(a)</sup> | 583563 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mortgage Securities - (continued)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mortgage Securities - (continued)** |  |
|  | CSAIL Commercial Mortgage Trust: |  |
| 551501 | &nbsp;&nbsp;Series 2017-C8, Class XA, 1.199% due 6/15/50<sup>(e)(i)</sup> | $5804 |
| 3352979 | &nbsp;&nbsp;Series 2017-CX10, Class XA, 0.982% due 11/15/50<sup>(e)(i)</sup> | 34253 |
| 2925963 | &nbsp;&nbsp;Series 2018-CX12, Class XA, 0.703% due 8/15/51<sup>(e)(i)</sup> | 34941 |
|  | DBJPM Mortgage Trust: |  |
| 200000 | &nbsp;&nbsp;Series 2016-C3, Class A5, 2.890% due 8/10/49 | 198099 |
| 15023 | &nbsp;&nbsp;Series 2020-C9, Class A2, 1.900% due 8/15/53 | 14993 |
| 170000 | Del Amo Fashion Center Trust, Series 2017-AMO, Class A, 3.757% due 6/5/35<sup>(a)(e)</sup> | 164928 |
| 943739 | Ellington Financial Mortgage Trust, Series 2022-3, Class A1, step bond to yield, 5.000% due 8/25/67<sup>(a)</sup> | 940558 |
| 166121 | EQUS Mortgage Trust, Series 2021-EQAZ, Class A, 4.978% (1-Month TSFR + 1.019%) due 10/15/38<sup>(a)(e)</sup> | 165913 |
|  | Federal Home Loan Mortgage Corp. (FHLMC), REMICS: |  |
| 1030616 | &nbsp;&nbsp;Series 4987, Class BF, 4.586% (SOFR30A + 0.514%) due 6/25/50<sup>(e)</sup> | 1016323 |
| 404982 | &nbsp;&nbsp;Series 5475, Class FG, 5.222% (SOFR30A + 1.150%) due 11/25/54<sup>(e)</sup> | 405791 |
| 431898 | &nbsp;&nbsp;Series 5480, Class FD, 5.422% (SOFR30A + 1.350%) due 3/25/54<sup>(e)</sup> | 433911 |
| 219128 | &nbsp;&nbsp;Series 5524, Class AF, 5.272% (SOFR30A + 1.200%) due 4/25/55<sup>(e)</sup> | 218136 |
| 575703 | &nbsp;&nbsp;Series 5596, Class FH, 5.272% (SOFR30A + 1.200%) due 11/25/55<sup>(e)</sup> | 573961 |
|  | Federal National Mortgage Association (FNMA), Aces: |  |
| 913056 | &nbsp;&nbsp;Series 2020-M49, Class 1A1, 1.297% due 11/25/30<sup>(e)</sup> | 857764 |
| 138626 | &nbsp;&nbsp;Series 2021-M7, Class A1, 1.765% due 3/25/31<sup>(e)</sup> | 133292 |
|  | Federal National Mortgage Association (FNMA), REMICS: |  |
| 324789 | &nbsp;&nbsp;Series 2024-82, Class FH, 5.222% (SOFR30A + 1.150%) due 11/25/54<sup>(e)</sup> | 325384 |
| 364505 | &nbsp;&nbsp;Series 2025-28, Class FM, 5.322% (SOFR30A + 1.250%) due 4/25/55<sup>(e)</sup> | 365912 |
| 150000 | Great Wolf Trust, Series 2024-WOLF, Class A, 5.501% (1-Month TSFR + 1.542%) due 3/15/39<sup>(a)(e)</sup> | 150094 |
| 250000 | GS Mortgage Securities Corp. Trust, Series 2023-SHIP, Class A, 4.466% due 9/10/38<sup>(a)(e)</sup> | 249551 |
|  | GS Mortgage Securities Trust: |  |
| 4956 | &nbsp;&nbsp;Series 2015-GC34, Class A4, 3.506% due 10/10/48 | 4894 |
| 3267400 | &nbsp;&nbsp;Series 2016-GS4, Class XA, 0.624% due 11/10/49<sup>(e)(i)</sup> | 6363 |
| 1637266 | &nbsp;&nbsp;Series 2017-GS6, Class XA, 1.139% due 5/10/50<sup>(e)(i)</sup> | 19360 |
| 3102541 | &nbsp;&nbsp;Series 2017-GS8, Class XA, 1.070% due 11/10/50<sup>(e)(i)</sup> | 38597 |
|  | JP Morgan Chase Commercial Mortgage Securities Trust: |  |
| 285000 | &nbsp;&nbsp;Series 2016-JP2, Class A4, 2.822% due 8/15/49 | 282478 |
| 129892 | &nbsp;&nbsp;Series 2021-MHC, Class A, 5.123% (1-Month TSFR + 1.164%) due 4/15/38<sup>(a)(e)</sup> | 129811 |
|  | JPMBB Commercial Mortgage Securities Trust: |  |
| 278235 | &nbsp;&nbsp;Series 2015-C32, Class XA, 1.150% due 11/15/48<sup>(e)(i)</sup> | 22 |
| 155765 | &nbsp;&nbsp;Series 2016-C1, Class A5, 3.576% due 3/17/49 | 155418 |
| 281491 | Legacy Mortgage Asset Trust, Series 2021-GS4, Class A1, step bond to yield, 5.650% due 11/25/60<sup>(a)</sup> | 281695 |
| 417022 | MFA Trust, Series 2023-NQM3, Class A1, step bond to yield, 6.617% due 7/25/68<sup>(a)</sup> | 420128 |
| 41954 | MHC Commercial Mortgage Trust, Series 2021-MHC, Class A, 4.874% (1-Month TSFR + 0.915%) due 4/15/38<sup>(a)(e)</sup> | 41941 |
| 10558 | MHP, Series 2022-MHIL, Class A, 4.774% (1-Month TSFR + 0.815%) due 1/15/39<sup>(a)(e)</sup> | 10538 |
|  | Morgan Stanley Capital I Trust: |  |
| 1080005 | &nbsp;&nbsp;Series 2016-UB11, Class XA, 1.563% due 8/15/49<sup>(e)(i)</sup> | 4432 |
| 3153513 | &nbsp;&nbsp;Series 2016-UB12, Class XA, 0.760% due 12/15/49<sup>(e)(i)</sup> | 9579 |
| 102157 | &nbsp;&nbsp;Series 2016-UBS9, Class A4, 3.594% due 3/15/49 | 101934 |
| 763401 | &nbsp;&nbsp;Series 2017-H1, Class XA, 1.446% due 6/15/50<sup>(e)(i)</sup> | 10246 |
| 147701 | &nbsp;&nbsp;Series 2021-L6, Class A2, 2.126% due 6/15/54<sup>(e)</sup> | 143100 |
| 153249 | &nbsp;&nbsp;Series 2024-NSTB, Class A, 3.900% due 9/24/57<sup>(a)(e)</sup> | 150983 |
| 153809 | MSBAM Commercial Mortgage Securities Trust, Series 2012-CKSV, Class A2, 3.277% due 10/15/30<sup>(a)</sup> | 146503 |
|  | New Residential Mortgage Loan Trust: |  |
| 688885 | &nbsp;&nbsp;Series 2019-RPL3, Class A1, 2.750% due 7/25/59<sup>(a)(e)</sup> | 667118 |
| 103030 | &nbsp;&nbsp;Series 2020-NQM1, Class A2, 2.718% due 1/26/60<sup>(a)(e)</sup> | 97788 |
| 1111137 | &nbsp;&nbsp;Series 2024-NQM1, Class A1, step bond to yield, 6.129% due 3/25/64<sup>(a)</sup> | 1121107 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |  |
|  | OBX Trust: |  |
| 501293 | &nbsp;&nbsp;Series 2022-NQM1, Class A1, 2.305% due 11/25/61<sup>(a)(e)</sup> | $453531 |
| 631584 | &nbsp;&nbsp;Series 2023-NQM1, Class A1, 6.120% due 11/25/62<sup>(a)(e)</sup> | 629591 |
| 582870 | &nbsp;&nbsp;Series 2024-NQM5, Class A1, step bond to yield, 5.988% due 1/25/64<sup>(a)</sup> | 587488 |
| 614814 | &nbsp;&nbsp;Series 2024-NQM7, Class A1, step bond to yield, 6.243% due 3/25/64<sup>(a)</sup> | 621330 |
| 561646 | &nbsp;&nbsp;Series 2025-NQM14, Class A3, step bond to yield, 5.618% due 7/25/65<sup>(a)</sup> | 568112 |
| 851863 | &nbsp;&nbsp;Series 2025-NQM7, Class A1, step bond to yield, 5.560% due 5/25/55<sup>(a)</sup> | 858366 |
| 762023 | &nbsp;&nbsp;PRPM Trust, Series 2025-NQM2, Class A1, step bond to yield, 5.688% due 4/25/70<sup>(a)</sup> | 767113 |
| 330000 | SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A, 5.351% (1-Month TSFR + 1.392%) due 5/15/39<sup>(a)(e)</sup> | 330059 |
|  | SREIT Trust: |  |
| 176157 | &nbsp;&nbsp;Series 2021-MFP, Class A, 4.804% (1-Month TSFR + 0.845%) due 11/15/38<sup>(a)(e)</sup> | 175992 |
| 120000 | &nbsp;&nbsp;Series 2021-MFP2, Class A, 4.895% (1-Month TSFR + 0.936%) due 11/15/36<sup>(a)(e)</sup> | 119888 |
| 696215 | UBS Commercial Mortgage Trust, Series 2017-C1, Class XA, 1.616% due 6/15/50<sup>(e)(i)</sup> | 9597 |
| 109000 | VEGAS Trust, Series 2024-TI, Class A, 5.518% due 11/10/39<sup>(a)</sup> | 110504 |
|  | Velocity Commercial Capital Loan Trust: |  |
| 700659 | &nbsp;&nbsp;Series 2021-2, Class A, 1.520% due 8/25/51<sup>(a)(e)</sup> | 607194 |
| 269672 | &nbsp;&nbsp;Series 2021-2, Class M1, 1.820% due 8/25/51<sup>(a)(e)</sup> | 223591 |
| 790203 | &nbsp;&nbsp;Series 2024-5, Class A, 5.490% due 10/25/54<sup>(a)(e)</sup> | 793038 |
| 888167 | &nbsp;&nbsp;Series 2025-4, Class A, 5.190% due 9/25/55<sup>(a)(e)</sup> | 886290 |
|  | Verus Securitization Trust: |  |
| 418198 | &nbsp;&nbsp;Series 2021-7, Class A1, step bond to yield, 2.829% due 10/25/66<sup>(a)</sup> | 385832 |
| 68594 | &nbsp;&nbsp;Series 2021-R1, Class A2, 1.057% due 10/25/63<sup>(a)(e)</sup> | 66520 |
| 374035 | &nbsp;&nbsp;Series 2023-1, Class A1, step bond to yield, 5.850% due 12/25/67<sup>(a)</sup> | 373177 |
| 415090 | &nbsp;&nbsp;Series 2023-INV2, Class A1, step bond to yield, 6.443% due 8/25/68<sup>(a)</sup> | 417382 |
| 382887 | &nbsp;&nbsp;Series 2024-1, Class A1, step bond to yield, 5.712% due 1/25/69<sup>(a)</sup> | 384595 |
| 831538 | &nbsp;&nbsp;Series 2024-2, Class A1, step bond to yield, 6.095% due 2/25/69<sup>(a)</sup> | 838452 |
| 48569 | Vista Point Securitization Trust, Series 2020-2, Class A1, 1.475% due 4/25/65<sup>(a)(e)</sup> | 46940 |
|  | Wells Fargo Commercial Mortgage Trust: |  |
| 295975 | &nbsp;&nbsp;Series 2015-NXS2, Class XA, 0.000% due 7/15/58<sup>(e)(i)</sup> | 3 |
| 231192 | &nbsp;&nbsp;Series 2016-C33, Class A4, 3.426% due 3/15/59 | 230347 |
| 169048 | &nbsp;&nbsp;Series 2021-C60, Class A2, 2.042% due 8/15/54 | 165920 |
| 23150 | &nbsp;&nbsp;Series 2021-SAVE, Class A, 5.323% (1-Month TSFR + 1.364%) due 2/15/40<sup>(a)(e)</sup> | 23171 |
|  | Total Mortgage Securities | 32590231 |
|  | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** |  |
|  | (Cost - $34,944,496) | **32590231** |
| **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 10.4%** | **U.S. GOVERNMENT AGENCIES & OBLIGATIONS - 10.4%** |  |
| **U.S. GOVERNMENT OBLIGATIONS - 10.4%** | **U.S. GOVERNMENT OBLIGATIONS - 10.4%** |  |
| 241590 | U.S. Treasury Inflation Indexed Bonds, 2.375% due 1/15/27 | 244156 |
|  | U.S. Treasury Inflation Indexed Notes: |  |
| 368115 | &nbsp;&nbsp;0.125% due 4/15/27 | 361684 |
| 186397 | &nbsp;&nbsp;1.625% due 10/15/27 | 188291 |
|  | U.S. Treasury Notes: |  |
| 4450000 | &nbsp;&nbsp;0.500% due 6/30/27 | 4244014 |
| 5500000 | &nbsp;&nbsp;3.500% due 10/31/27 | 5498711 |
| 11300000 | &nbsp;&nbsp;0.750% due 1/31/28 | 10658195 |
| 5500000 | &nbsp;&nbsp;3.500% due 11/15/28 | 5501289 |
| 2800000 | &nbsp;&nbsp;0.875% due 11/15/30 | 2455797 |
|  | **TOTAL U.S. GOVERNMENT OBLIGATIONS** | **29152137** |
|  | **TOTAL U.S. GOVERNMENT AGENCIES & OBLIGATIONS** |  |
|  | (Cost - $29,101,162) | **29152137** |
| **COLLATERALIZED LOAN OBLIGATIONS - 7.0%** | **COLLATERALIZED LOAN OBLIGATIONS - 7.0%** |  |
| **Commercial MBS - 1.6%** | **Commercial MBS - 1.6%** |  |
|  | ACREC Ltd.: |  |
| 67450 | &nbsp;&nbsp;Series 2021-FL1, Class A, 5.227% (1-Month TSFR + 1.264%) due 10/16/36<sup>(a)(e)</sup> | 67372 |
| 350000 | &nbsp;&nbsp;Series 2021-FL1, Class AS, 5.577% (1-Month TSFR + 1.614%) due 10/16/36<sup>(a)(e)</sup> | 350031 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **COLLATERALIZED LOAN OBLIGATIONS - (continued)** | **COLLATERALIZED LOAN OBLIGATIONS - (continued)** | **COLLATERALIZED LOAN OBLIGATIONS - (continued)** |
| **Commercial MBS - (continued)** | **Commercial MBS - (continued)** |  |
| 210000 | Arbor Realty Commercial Real Estate Notes LLC, Series 2025-FL1, Class A, 5.314% (1-Month TSFR + 1.354%) due 1/20/43<sup>(a)(e)</sup> | $209853 |
| 142221 | Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class A, 5.423% (1-Month TSFR + 1.464%) due 11/15/36<sup>(a)(e)</sup> | 142235 |
| 170000 | BDS LLC, Series 2025-FL16, Class A, 0.000% (1-Month TSFR + 1.400%) due 7/19/43<sup>(a)(c)(e)</sup> | 170000 |
| 70769 | BDS Ltd., Series 2021-FL10, Class A, 5.423% (1-Month TSFR + 1.464%) due 12/16/36<sup>(a)(e)</sup> | 70743 |
|  | &nbsp;&nbsp;BRSP Ltd.: |  |
| 147456 | &nbsp;&nbsp;Series 2021-FL1, Class A, 5.223% (1-Month TSFR + 1.264%) due 8/19/38<sup>(a)(e)</sup> | 147102 |
| 277000 | &nbsp;&nbsp;Series 2024-FL2, Class A, 5.904% (1-Month TSFR + 1.945%) due 8/19/37<sup>(a)(e)</sup> | 278495 |
|  | BSPRT Issuer Ltd.: |  |
| 57329 | &nbsp;&nbsp;Series 2022-FL8, Class A, 5.642% (SOFR30A + 1.500%) due 2/15/37<sup>(a)(e)</sup> | 57144 |
| 216553 | &nbsp;&nbsp;Series 2023-FL10, Class A, 6.218% (1-Month TSFR + 2.259%) due 9/15/35<sup>(a)(e)</sup> | 215372 |
| 203381 | FS Rialto, Series 2021-FL3, Class A, 5.323% (1-Month TSFR + 1.364%) due 11/16/36<sup>(a)(e)</sup> | 202990 |
| 139204 | FS RIALTO, Series 2021-FL2, Class A, 5.293% (1-Month TSFR + 1.334%) due 5/16/38<sup>(a)(e)</sup> | 138602 |
|  | GPMT Ltd.: |  |
| 25783 | &nbsp;&nbsp;Series 2021-FL3, Class A, 5.573% (1-Month TSFR + 1.614%) due 7/16/35<sup>(a)(e)</sup> | 25753 |
| 230000 | &nbsp;&nbsp;Series 2021-FL3, Class AS, 5.923% (1-Month TSFR + 1.964%) due 7/16/35<sup>(a)(e)</sup> | 229437 |
| 197847 | &nbsp;&nbsp;Series 2021-FL4, Class A, 5.416% (1-Month TSFR + 1.464%) due 12/15/36<sup>(a)(e)</sup> | 197605 |
| 39801 | Greystone CRE Notes Ltd., Series 2021-FL3, Class A, 5.093% (1-Month TSFR + 1.134%) due 7/15/39<sup>(a)(e)</sup> | 39779 |
| 250000 | INCREF LLC, Series 2025-FL1, Class A, 5.687% (1-Month TSFR + 1.728%) due 10/19/42<sup>(a)(e)</sup> | 249989 |
|  | KREF Ltd.: |  |
| 160657 | &nbsp;&nbsp;Series 2021-FL2, Class A, 5.147% (1-Month TSFR + 1.184%) due 2/15/39<sup>(a)(e)</sup> | 160042 |
| 220000 | &nbsp;&nbsp;Series 2021-FL2, Class B, 5.727% (1-Month TSFR + 1.764%) due 2/15/39<sup>(a)(e)</sup> | 218112 |
| 250000 | LMNT CRE LLC, Series 2025-FL3, Class A, 5.550% (1-Month TSFR + 1.550%) due 7/21/43<sup>(a)(c)(e)</sup> | 250000 |
| 230000 | LoanCore Issuer LLC, Series 2025-CRE9, Class A, 5.413% (1-Month TSFR + 1.450%) due 8/18/42<sup>(a)(e)</sup> | 230069 |
| 67283 | LoanCore Issuer Ltd., Series 2021-CRE6, Class A, 5.373% (1-Month TSFR + 1.414%) due 11/15/38<sup>(a)(e)</sup> | 67207 |
| 250000 | MF1, Series 2024-FL15, Class A, 5.651% (1-Month TSFR + 1.688%) due 8/18/41<sup>(a)(e)</sup> | 250474 |
|  | MF1 Ltd.: |  |
| 672 | &nbsp;&nbsp;Series 2021-FL6, Class A, 5.177% (1-Month TSFR + 1.214%) due 7/16/36<sup>(a)(e)</sup> | 671 |
| 330000 | &nbsp;&nbsp;Series 2021-FL7, Class AS, 5.523% (1-Month TSFR + 1.564%) due 10/16/36<sup>(a)(e)</sup> | 328120 |
| 64935 | &nbsp;&nbsp;Series 2022-FL8, Class A, 5.310% (1-Month TSFR + 1.350%) due 2/19/37<sup>(a)(e)</sup> | 64921 |
| 83817 | STWD Ltd., Series 2021-FL2, Class A, 5.277% (1-Month TSFR + 1.314%) due 4/18/38<sup>(a)(e)</sup> | 83223 |
| 189522 | TRTX Issuer Ltd., Series 2022-FL5, Class A, 5.613% (1-Month TSFR + 1.650%) due 2/15/39<sup>(a)(e)</sup> | 188674 |
|  | Total Commercial MBS | 4634015 |
| **Other ABS - 5.4%** | **Other ABS - 5.4%** |  |
| 500000 | Bain Capital Credit CLO Ltd., Series 2022-6A, Class A1R, 5.227% (3-Month TSFR + 1.370%) due 1/22/38<sup>(a)(e)</sup> | 500463 |
| 2000000 | Brant Point CLO Ltd., Series 2024-3A, Class A1, 5.489% (3-Month TSFR + 1.600%) due 2/20/37<sup>(a)(e)</sup> | 2004995 |
|  | Carlyle US CLO Ltd.: |  |
| 1000000 | &nbsp;&nbsp;Series 2019-4A, Class A11R, 5.225% (3-Month TSFR + 1.320%) due 4/15/35<sup>(a)(e)</sup> | 1000185 |
| 500000 | &nbsp;&nbsp;Series 2023-3A, Class A1R, 5.135% (3-Month TSFR + 1.230%) due 10/15/38<sup>(a)(e)</sup> | 500300 |
| 500000 | CarVal CLO IX-C Ltd., Series 2024-1A, Class A, 5.564% (3-Month TSFR + 1.680%) due 4/20/37<sup>(a)(e)</sup> | 501277 |
| 500000 | Franklin Park Place CLO I LLC, Series 2022-1A, Class AR, 5.162% (3-Month TSFR + 1.250%) due 4/14/38<sup>(a)(c)(e)</sup> | 500483 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **COLLATERALIZED LOAN OBLIGATIONS - (continued)** | **COLLATERALIZED LOAN OBLIGATIONS - (continued)** | **COLLATERALIZED LOAN OBLIGATIONS - (continued)** |
| **Other ABS - (continued)** | **Other ABS - (continued)** |  |
| 166164 | Greywolf CLO VII Ltd., Series 2018-2A, Class A1, 5.324% (3-Month TSFR + 1.440%) due 10/20/31<sup>(a)(e)</sup> | $166167 |
| 500000 | Halseypoint CLO 5 Ltd., Series 2021-5A, Class A1A, 5.310% (3-Month TSFR + 1.472%) due 1/30/35<sup>(a)(e)</sup> | 500360 |
|  | Katayma CLO I Ltd.: |  |
| 1000000 | &nbsp;&nbsp;Series 2023-1A, Class A1, 5.884% (3-Month TSFR + 2.000%) due 10/20/36<sup>(a)(e)</sup> | 1003437 |
| 1000000 | &nbsp;&nbsp;Series 2023-1A, Class AR, 0.000% (3-Month TSFR + 1.270%) due 1/20/39<sup>(a)(c)(e)</sup> | 999000 |
| 1000000 | Katayma CLO II Ltd., Series 2024-2A, Class A1, 5.534% (3-Month TSFR + 1.650%) due 4/20/37<sup>(a)(e)</sup> | 1002539 |
| 1000000 | Madison Park Funding LXIII Ltd., Series 2023-63A, Class A1R, 5.270% (3-Month TSFR + 1.400%) due 7/21/38<sup>(a)(e)</sup> | 1004095 |
| 1000000 | Marble Point CLO XXI Ltd., Series 2021-3A, Class A1, 5.383% (3-Month TSFR + 1.502%) due 10/17/34<sup>(a)(e)</sup> | 1001551 |
| 1000000 | Rockford Tower CLO Ltd., Series 2024-1A, Class A1, 5.494% (3-Month TSFR + 1.610%) due 4/20/37<sup>(a)(e)</sup> | 1002522 |
| 358328 | Sound Point CLO VI-R Ltd., Series 2014-2RA, Class A, 5.396% (3-Month TSFR + 1.512%) due 10/20/31<sup>(a)(e)</sup> | 358424 |
| 14586 | Sound Point CLO XVIII Ltd., Series 2017-4A, Class A1, 5.266% (3-Month TSFR + 1.382%) due 1/21/31<sup>(a)(e)</sup> | 14586 |
| 42993 | Steele Creek CLO Ltd., Series 2018-2A, Class A, 5.336% (3-Month TSFR + 1.462%) due 8/18/31<sup>(a)(e)</sup> | 42998 |
| 2000000 | THL Credit Wind River CLO Ltd., Series 2017-1A, Class ARR, 5.206% (3-Month TSFR + 1.322%) due 4/18/36<sup>(a)(e)</sup> | 2001531 |
| 1000000 | Warwick Capital CLO 4 Ltd., Series 2024-4A, Class A1, 5.284% (3-Month TSFR + 1.400%) due 7/20/37<sup>(a)(e)</sup> | 1001759 |
|  | Total Other ABS | 15106672 |
|  | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** |  |
|  | (Cost - $19,638,524) | **19740687** |
| **ASSET-BACKED SECURITIES - 4.3%** | **ASSET-BACKED SECURITIES - 4.3%** |  |
| **Automobile ABS - 0.8%** | **Automobile ABS - 0.8%** |  |
| 2721 | American Credit Acceptance Receivables Trust, Series 2024-3, Class A, 5.760% due 11/12/27<sup>(a)</sup> | 2723 |
| 300000 | Carvana Auto Receivables Trust, Series 2024-P3, Class A4, 4.310% due 9/10/30 | 301977 |
| 223932 | DT Auto Owner Trust, Series 2021-3A, Class D, 1.310% due 5/17/27<sup>(a)</sup> | 222543 |
| 291832 | GLS Auto Select Receivables Trust, Series 2024-3A, Class A2, 5.590% due 10/15/29<sup>(a)</sup> | 294832 |
| 992000 | Hertz Vehicle Financing III LLC, Series 2025-1A, Class A, 4.910% due 9/25/29<sup>(a)</sup> | 1003237 |
| 250000 | Santander Drive Auto Receivables Trust, Series 2024-5, Class C, 4.780% due 1/15/31 | 251908 |
|  | Total Automobile ABS | 2077220 |
| **Other ABS - 3.2%** | **Other ABS - 3.2%** |  |
|  | Affirm Asset Securitization Trust: |  |
| 275000 | &nbsp;&nbsp;Series 2024-A, Class A, 5.610% due 2/15/29<sup>(a)</sup> | 275689 |
| 132877 | &nbsp;&nbsp;Series 2025-X1, Class A, 5.080% due 4/15/30<sup>(a)</sup> | 133124 |
| 200000 | &nbsp;&nbsp;Series 2025-X2, Class A, 4.450% due 10/15/30<sup>(a)</sup> | 200192 |
| 11752 | Aqua Finance Trust, Series 2020-AA, Class A, 1.900% due 7/17/46<sup>(a)</sup> | 11146 |
| 500000 | Avant Loans Funding Trust, Series 2024-REV1, Class A, 5.920% due 10/15/33<sup>(a)</sup> | 504234 |
| 278958 | CAL Funding IV Ltd., Series 2020-1A, Class A, 2.220% due 9/25/45<sup>(a)</sup> | 267197 |
|  | DataBank Issuer: |  |
| 500000 | &nbsp;&nbsp;Series 2021-1A, Class A2, 2.060% due 2/27/51<sup>(a)</sup> | 496228 |
| 500000 | &nbsp;&nbsp;Series 2023-1A, Class A2, 5.116% due 2/25/53<sup>(a)</sup> | 498255 |
| 470000 | Domino's Pizza Master Issuer LLC, Series 2017-1A, Class A23, 4.118% due 7/25/47<sup>(a)</sup> | 466839 |
| 200000 | GreenSky Home Improvement Issuer Trust, Series 2025-3A, Class A1, 4.340% due 12/27/60<sup>(a)</sup> | 200051 |
| 80095 | Hilton Grand Vacations Trust, Series 2020-AA, Class A, 2.740% due 2/25/39<sup>(a)</sup> | 78926 |
| 862000 | Lyra Music Assets Delaware LP, Series 2025-1A, Class A2, 5.604% due 9/20/65<sup>(a)</sup> | 872995 |
| 250000 | Mariner Finance Issuance Trust, Series 2025-AA, Class A, 4.980% due 5/20/38<sup>(a)</sup> | 253387 |
| 200000 | Marlette Funding Trust, Series 2025-1A, Class B, 4.950% due 7/16/35<sup>(a)</sup> | 200881 |

---

 **Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** |
| **Other ABS - (continued)** | **Other ABS - (continued)** |  |
|  | Pagaya AI Debt Grantor Trust: |  |
| 249974 | &nbsp;&nbsp;Series 2025-2, Class B, 5.329% due 10/15/32<sup>(a)</sup> | $251061 |
| 139902 | &nbsp;&nbsp;Series 2025-3, Class A1, 5.028% due 5/16/32<sup>(a)</sup> | 139960 |
| 499899 | &nbsp;&nbsp;Series 2025-3, Class A2, 5.365% due 12/15/32<sup>(a)</sup> | 504009 |
|  | RCKTL: |  |
| 250000 | &nbsp;&nbsp;Series 2025-2A, Class A, 4.480% due 11/27/34<sup>(a)</sup> | 250028 |
| 250000 | &nbsp;&nbsp;Series 2025-2A, Class C, 4.950% due 11/27/34<sup>(a)</sup> | 249813 |
| 197203 | Reach ABS Trust, Series 2025-2A, Class A, 4.930% due 8/18/32<sup>(a)</sup> | 197952 |
| 323883 | Slam Ltd., Series 2024-1A, Class A, 5.335% due 9/15/49<sup>(a)</sup> | 329388 |
|  | SoFi Consumer Loan Program Trust: |  |
| 247460 | &nbsp;&nbsp;Series 2025-1, Class A, 4.800% due 2/27/34<sup>(a)</sup> | 248268 |
| 250000 | &nbsp;&nbsp;Series 2025-2, Class B, 4.970% due 6/25/34<sup>(a)</sup> | 252563 |
| 164560 | &nbsp;&nbsp;Series 2025-3, Class A, 4.470% due 8/15/34<sup>(a)</sup> | 164908 |
| 191240 | &nbsp;&nbsp;Series 2025-4, Class A, 4.240% due 8/25/35<sup>(a)</sup> | 191308 |
| 468797 | Tesla Sustainable Energy Trust, Series 2024-1A, Class A2, 5.080% due 6/21/50<sup>(a)</sup> | 470438 |
| 283580 | Upgrade Master Pass-Thru Trust, Series 2025-ST7, Class A, 4.546% due 11/15/32<sup>(a)</sup> | 283604 |
|  | Upstart Securitization Trust: |  |
| 120232 | &nbsp;&nbsp;Series 2024-1, Class A, 5.330% due 11/20/34<sup>(a)</sup> | 120540 |
| 164170 | &nbsp;&nbsp;Series 2025-1, Class A, 5.450% due 4/20/35<sup>(a)</sup> | 165158 |
| 250000 | &nbsp;&nbsp;Series 2025-3, Class A2, 4.600% due 9/20/35<sup>(a)</sup> | 250193 |
| 275000 | &nbsp;&nbsp;Series 2025-4, Class A1, 4.344% due 11/20/26<sup>(a)</sup> | 275000 |
| 205000 | Vantage Data Centers Issuer LLC, Series 2021-1A, Class A2, 2.165% due 10/15/46<sup>(a)</sup> | 200363 |
|  | Total Other ABS | 9003698 |
| **Student Loan ABS - 0.1%** | **Student Loan ABS - 0.1%** |  |
| 102807 | Commonbond Student Loan Trust, Series 2020-AGS, Class A, 1.980% due 8/25/50<sup>(a)</sup> | 92718 |
|  | Navient Private Education Refi Loan Trust: |  |
| 37301 | &nbsp;&nbsp;Series 2020-GA, Class A, 1.170% due 9/16/69<sup>(a)</sup> | 35158 |
| 228037 | &nbsp;&nbsp;Series 2022-A, Class A, 2.230% due 7/15/70<sup>(a)</sup> | 209425 |
|  | Total Student Loan ABS | 337301 |
| **WL Collateral CMO - 0.2%** | **WL Collateral CMO - 0.2%** |  |
| 538346 | First Franklin Mortgage Loan Trust, Series 2003-FF2, Class M1, 5.899% (1-Month TSFR + 1.914%) due 7/25/33<sup>(e)</sup> | 533369 |
|  | **TOTAL ASSET-BACKED SECURITIES** |  |
|  | (Cost - $11,820,416) | **11951588** |
| **SENIOR LOANS<sup>(e)</sup> - 3.7%** | **SENIOR LOANS<sup>(e)</sup> - 3.7%** |  |
| **United States - 3.7%** | **United States - 3.7%** |  |
| 2916367 | Bally's Corp., 7.369% (3-Month USD-SOFR + 0.325%) due 10/2/28 | 2648440 |
| 2359104 | Fiserv Investment Solutions Inc., 7.889% (3-Month USD-SOFR + 0.400%) due 2/18/27 | 2327256 |
| 2858569 | K&N Parent Inc., 12.030% (1-Month USD-SOFR + 0.800%) due 2/3/27<sup>(d)</sup> | 2844276 |
| 1266534 | Magnite Inc., 6.916% (1-Month USD-SOFR + 0.300%) due 2/6/31 | 1263368 |
|  | Marelli North America Inc.: |  |
| 487600 | &nbsp;&nbsp;11.930% (1-Month USD-SOFR + 0.800%) due 3/13/26 | 497352 |
| 731400 | &nbsp;&nbsp;11.948% (1-Month USD-SOFR + 0.800%) due 3/13/26 | 746028 |
|  | Total United States | 10326720 |
|  | **TOTAL SENIOR LOANS** |  |
|  | (Cost - $10,378,163) | **10326720** |
| **MORTGAGE-BACKED SECURITIES - 1.1%** | **MORTGAGE-BACKED SECURITIES - 1.1%** |  |
| **FHLMC - 0.4%** | **FHLMC - 0.4%** |  |
|  | Freddie Mac Pool: |  |
| 288184 | &nbsp;&nbsp;5.500% due 7/1/53 | 292709 |
| 404672 | &nbsp;&nbsp;5.500% due 2/1/55 | 413962 |
| 441428 | &nbsp;&nbsp;6.000% due 4/1/54 | 457308 |
|  | **TOTAL FHLMC** | **1163979** |
| **FNMA - 0.7%** | **FNMA - 0.7%** |  |
|  | Federal National Mortgage Association (FNMA) Pool: |  |
| 380870 | &nbsp;&nbsp;5.000% due 8/1/43 | 383724 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** | **MORTGAGE-BACKED SECURITIES - (continued)** |
| **FNMA - (continued)** | **FNMA - (continued)** |  |
| 397288 | &nbsp;&nbsp;5.500% due 8/1/45 | $403853 |
| 408574 | &nbsp;&nbsp;5.500% due 2/1/55 | 418487 |
| 325395 | &nbsp;&nbsp;5.500% due 4/1/55 | 330191 |
| 281818 | &nbsp;&nbsp;6.000% due 10/1/53 | 292170 |
|  | **TOTAL FNMA** | **1828425** |
|  | **TOTAL MORTGAGE-BACKED SECURITIES** |  |
|  | (Cost - $2,941,628) | **2992404** |
| **SOVEREIGN BONDS - 0.1%** | **SOVEREIGN BONDS - 0.1%** |  |
| **Guatemala - 0.1%** | **Guatemala - 0.1%** |  |
| 200000 | Guatemala Government Bond, 4.500% due 5/3/26 | 198900 |
| **Paraguay - 0.0%** | **Paraguay - 0.0%** |  |
| 50000 | Paraguay Government International Bond, 5.000% due 4/15/26 | 50082 |
|  | **TOTAL SOVEREIGN BONDS** |  |
|  | (Cost - $248,845) | **248982** |

---

---

| | | |
|:---|:---|:---|
| **<br> Shares/Units** |  |  |
| **EXCHANGE TRADED FUND (ETF) - 12.5%** | **EXCHANGE TRADED FUND (ETF) - 12.5%** |  |
| 713481 | iShares Core 1-5 Year USD Bond |  |
|  | (Cost - $33,090,290) | 34917760 |
| **COMMON STOCKS - 1.2%** | **COMMON STOCKS - 1.2%** |  |
| **CONSUMER NON-CYCLICAL - 0.3%** | **CONSUMER NON-CYCLICAL - 0.3%** |  |
| **Commercial Services - 0.0%** | **Commercial Services - 0.0%** |  |
| 393 | Euronet Worldwide Inc.<sup>\*</sup> | 29117 |
| **Healthcare-Products - 0.3%** | **Healthcare-Products - 0.3%** |  |
| 833981 | Prosomnus Sleep Technologies Inc.<sup>\*@(c)(d)</sup> | 833981 |
| **Healthcare-Services - 0.0%** | **Healthcare-Services - 0.0%** |  |
| 161689 | UpHealth Inc.<sup>\*@(c)(d)</sup> | – |
| **Pharmaceuticals - 0.0%** | **Pharmaceuticals - 0.0%** |  |
| 6449526 | Cannabist Co. Holdings Inc.<sup>\*(c)</sup> | – |
|  | **TOTAL CONSUMER NON-CYCLICAL** | **863098** |
| **DIVERSIFIED - 0.9%** | **DIVERSIFIED - 0.9%** |  |
| **SPACs - 0.9%** |  |  |
| 8000 | Blueport Acquisition Ltd.<sup>\*</sup> | 80480 |
| 30783 | Cantor Equity Partners I Inc., Class A Shares<sup>\*</sup> | 320451 |
| 35000 | Harvard Ave Acquisition Corp.<sup>\*</sup> | 350875 |
| 140700 | Mercer Park Opportunities Corp.<sup>\*</sup> | 1463280 |
| 26500 | NMP Acquisition Corp., Class A Shares<sup>\*</sup> | 265795 |
| 10000 | Spring Valley Acquisition Corp. III, Class A Shares<sup>\*</sup> | 102500 |
|  | Total SPACs | 2583381 |
|  | **TOTAL DIVERSIFIED** | **2583381** |
| **FINANCIAL - 0.0%** | **FINANCIAL - 0.0%** |  |
| **Financial Services - 0.0%** | **Financial Services - 0.0%** |  |
| 16305 | Alpha Partners Technology<sup>\*(c)(d)</sup> | – |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $3,388,734) | **3446479** |
| **PREFERRED STOCK - 0.5%** | **PREFERRED STOCK - 0.5%** |  |
| **FINANCIAL - 0.5%** | **FINANCIAL - 0.5%** |  |
| **Diversified Financial Services - 0.5%** | **Diversified Financial Services - 0.5%** |  |
| 56213 | SWK Holdings Corp., 9.000% |  |
|  | (Cost - $1,405,325) | 1441863 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **WARRANT - 0.0%** | **WARRANT - 0.0%** | |
| **DIVERSIFIED - 0.0%** | **DIVERSIFIED - 0.0%** | |
| **Holding Companies-Diversified - 0.0%** | **Holding Companies-Diversified - 0.0%** |  |
| 43327 | Leafly Holdings Inc.<sup>\*@(c)(d)</sup> |  |
|  | (Cost - $0) | $– |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $262,072,848) | **253345502** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br> Face Amount†** |  |  |  |
| **SHORT-TERM INVESTMENTS - 9.3%** | **SHORT-TERM INVESTMENTS - 9.3%** | **SHORT-TERM INVESTMENTS - 9.3%** |  |
| **COMMERCIAL PAPERS - 4.6%** | **COMMERCIAL PAPERS - 4.6%** | **COMMERCIAL PAPERS - 4.6%** |  |
| 2287000 |  | Bacardi-Martini BV, 4.267% due 12/29/25<sup>(a)(j)</sup> | 2278394 |
| 1360000 |  | Crown Castle Inc., 4.344% due 12/16/25<sup>(a)(j)</sup> | 1356981 |
| 1462000 |  | Dollarama Inc., 4.216% due 12/9/25<sup>(a)(j)</sup> | 1460066 |
| 2147000 |  | Genuine Parts Co., 4.415% due 12/11/25<sup>(a)(j)</sup> | 2143850 |
| 1325000 |  | International Flavors & Fragrances Inc., 4.417% due 12/12/25<sup>(a)(j)</sup> | 1322904 |
| 2500000 |  | Keurig Dr Pepper Inc., 4.210% due 12/11/25<sup>(a)(j)</sup> | 2496281 |
| 1779000 |  | Stanley Black & Decker Inc., 4.251% due 12/22/25<sup>(a)(j)</sup> | 1774027 |
|  |  | **TOTAL COMMERCIAL PAPERS** |  |
|  |  | (Cost - $12,836,910) | **12832503** |
| **CORPORATE NOTES - 0.5%** | **CORPORATE NOTES - 0.5%** | **CORPORATE NOTES - 0.5%** |  |
| 1448735 |  | Go North Group AB, 0.000% due 3/17/26<sup>(c)(d)(j)</sup> | 1393683 |
| 1468461 |  | Tacora Resources Inc., 13.000% due 11/3/23<sup>(a)(c)(d)</sup> | – |
|  |  | **TOTAL CORPORATE NOTES** |  |
|  |  | (Cost - $2,788,501) | **1393683** |
| **TIME DEPOSITS - 4.2%** | **TIME DEPOSITS - 4.2%** | **TIME DEPOSITS - 4.2%** |  |
| 40 | <sup>EUR</sup> | Citibank - London, 0.880% due 12/1/25 | 46 |
| 5646297 |  | Citibank - New York, 3.220% due 12/1/25 | 5646297 |
| 6110678 |  | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 6110678 |
|  |  | **TOTAL TIME DEPOSITS** |  |
|  |  | (Cost - $11,757,021) | **11757021** |
|  |  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  |  | (Cost - $27,382,432) | **25983207** |

---

---

| | | |
|:---|:---|:---|
| **<br> Shares/Units** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.3%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.3%** |  |
| **MONEY MARKET FUND - 1.3%** | **MONEY MARKET FUND - 1.3%** |  |
| 3623544 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(k)</sup> |  |
|  | (Cost - $3,623,544) | 3623544 |
|  | **TOTAL INVESTMENTS - 101.0%** |  |
|  | (Cost - $293,078,824) | **282952253** |
|  | Liabilities in Excess of Other Assets - (1.0)% | (2914244) |
|  | **TOTAL NET ASSETS - 100.0%** | $**280038009** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (continued)**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $102,513,085 and represents 36.61% of net assets. |
| (b) | All or a portion of this security is on loan. |
| (c) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $17,834,383 and represents 6.37% of net assets. |
| (d) | Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs. |
| (e) | Variable rate security. Interest rate disclosed is that which was in effect at November 30, 2025. |
| (f) | Payment in-kind security for which part of the income earned may be paid as additional principal. At the option of the issuer. |
| (g) | Security is perpetual in nature and has no stated maturity date. |
| (h) | Security is currently in default. |
| (i) | Interest only security. |
| (j) | Rate shown represents yield-to-maturity. |
| (k) | Represents investment of collateral received from securities lending transactions. |
| @ | Restricted security – Investment in security not registered under the Securities Act of 1933. The investment is deemed to not be liquid and may be sold only to qualified buyers. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Security** | **First <br> Acquisition <br> Date** | **First <br> Acquisition <br> Cost** | **Market<br> Value** | **Percent of<br> Net Assets** |  |
| Leafly Holdings Inc. | 2/7/2022 | $– | $– | 0.00 | %\* |
| Leafly Holdings Inc., Senior Unsecured Notes, 8.000% due 7/1/25 | 2/4/2022 | 8497000 | 6013750 | 2.15 | % |
| ProSomnus Inc., Senior Secured Notes, 8.000% due 12/31/26 | 8/6/2024 | 4810432 | 5410487 | 1.93 | % |
| ProSomnus Sleep Technologies Inc. | 8/6/2024 | 728853 | 833981 | 0.30 | % |
| UpHealth Inc. | 11/22/2023 | 85141 | – | 0.00 | %\* |
|  |  |  | $**12258218** | **4.38** | **%** |

---

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| CLO | **—** | Collateralized Loan Obligation |
| CMT | **—** | Constant Maturity Treasury Index |
| EURIBOR | **—** | Euro Interbank Offered Rate |
| LLC | **—** | Limited Liability Company |
| LP | **—** | Limited Partnership |
| MFA | **—** | Mortgage Finance Authority |
| PLC | **—** | Public Limited Company |
| REMICS | **—** | Real Estate Mortgage Investment Conduit |
| SARL | **—** | Société à Responsabilité Limitée |
| SOFR | **—** | Secured Overnight Financing Rate |
| SPACs | **—** | Special Purpose Acquisition Companies |
| STIBOR | **—** | Stockholm Interbank Offered Rate |
| TSFR | **—** | CME Term SOFR Reference Rate |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Low Duration Fixed Income Fund (concluded)**

---

| | |
|:---|:---|
| **Summary of Investments by Security Type^** | |
| Corporate Bonds & Notes | 37.7% |
| Exchange Traded Fund (ETF) | 12.3 |
| Collateralized Mortgage Obligations | 11.5 |
| U.S. Government Agencies & Obligations | 10.3 |
| Collateralized Loan Obligations | 7.0 |
| Asset-Backed Securities | 4.2 |
| Senior Loans | 3.6 |
| Common Stocks | 1.2 |
| Mortgage-Backed Securities | 1.1 |
| Preferred Stock | 0.5 |
| Sovereign Bonds | 0.1 |
| Warrant | 0.0 \* |
| Short-Term Investments | 9.2 |
| Money Market Fund | 1.3 |
|  | 100.0% |

---

^ As a percentage of total investments.

\* Position represents less than 0.05%.

At November 30, 2025, Destinations Low Duration Fixed Income Fund had open forward foreign currency contracts as described below.

The unrealized (depreciation) on the open contracts was as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Foreign Currency** | **Local<br> Currency** | **Market<br> Value** | **Settlement<br> Date** | **Unrealized<br> Appreciation** | **Unrealized<br> (Depreciation)** | **Unrealized<br> Appreciation/<br> (Depreciation)** |
| **Contracts to Sell:** |  |  |  |  |  |  |
| &nbsp;&nbsp;Euro | 8865000 BBH | $10305491 | 1/15/26 | $– | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19653) | $(19653) |
| &nbsp;&nbsp;Swedish Krona | 38890000 BBH | 4127483 | 1/15/26 | – | (6994) | (6994) |
| Net Unrealized Depreciation on Open Forward Foreign Currency Contracts | Net Unrealized Depreciation on Open Forward Foreign Currency Contracts | Net Unrealized Depreciation on Open Forward Foreign Currency Contracts |  | $– | $(26647) | $(26647) |

---

---

| | | |
|:---|:---|:---|
| Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: |
| BBH | **—** | Brown Brothers Harriman & Co. |

---

---

| | | |
|:---|:---|:---|
| Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: |
| EUR | **—** | Euro |
| SEK | **—** | Swedish Krona |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Global Fixed Income Opportunities Fund**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - 73.6%** | **CORPORATE BONDS & NOTES - 73.6%** | **CORPORATE BONDS & NOTES - 73.6%** |  |
| **Argentina - 0.1%** | **Argentina - 0.1%** | **Argentina - 0.1%** |  |
|  |  | Telecom Argentina SA, Senior Unsecured Notes: |  |
| 221000 |  | &nbsp;&nbsp;9.500% due 7/18/31 | $230989 |
| 510000 |  | &nbsp;&nbsp;9.250% due 5/28/33 | 523079 |
|  |  | Total Argentina | 754068 |
| **Australia - 0.1%** | **Australia - 0.1%** | **Australia - 0.1%** |  |
| 300000 |  | Fortescue Treasury Pty Ltd., Senior Unsecured Notes, 6.125% due 4/15/32<sup>(a)</sup> | 313133 |
| 300000 |  | Hillgrove Mines Pty Ltd., Senior Secured Notes, 12.000% due 8/1/29 | 296213 |
|  |  | Mineral Resources Ltd., Senior Unsecured Notes: |  |
| 324000 |  | &nbsp;&nbsp;9.250% due 10/1/28<sup>(a)</sup> | 340198 |
| 41000 |  | &nbsp;&nbsp;7.000% due 4/1/31<sup>(a)</sup> | 42614 |
|  |  | Total Australia | 992158 |
| **Bermuda - 1.4%** | **Bermuda - 1.4%** | **Bermuda - 1.4%** |  |
| 125000 | <sup>EUR</sup> | Aegon Ltd., Subordinated Notes, 0.496% (10-Year Netherlands Government Bond Yield + 0.850%)<sup>(b)(c)</sup> | 99295 |
| 255020 |  | Digicel Group Holdings Ltd., Senior Secured Notes, zero coupon, due 12/31/30<sup>(a)</sup> | 9357 |
| 200000 |  | Fidelis Insurance Holdings Ltd., Subordinated Notes, 7.750% (5-Year CMT Index + 4.280%) due 6/15/55<sup>(b)</sup> | 216337 |
| 3973000 |  | Golar LNG Ltd., Senior Unsecured Notes, 7.500% due 10/2/30<sup>(a)</sup> | 3851808 |
| 584000 |  | Lancashire Holdings Ltd., Junior Subordinated Notes, 5.625% (5-Year CMT Index + 5.080%) due 9/18/41<sup>(b)</sup> | 572723 |
| 3527000 |  | Nabors Industries Ltd., Company Guaranteed Notes, 7.500% due 1/15/28<sup>(a)</sup> | 3531550 |
| 875000 |  | SP Cruises Intermediate Ltd., Senior Secured Notes, 11.500% due 3/14/30<sup>(a)</sup> | 857811 |
| 100000 |  | Valaris Ltd., Secured Notes, 8.375% due 4/30/30<sup>(a)</sup> | 104326 |
| 650000 |  | Viking Cruises Ltd., Company Guaranteed Notes, 9.125% due 7/15/31<sup>(a)</sup> | 697288 |
| 50000 |  | Weatherford International Ltd., Company Guaranteed Notes, 6.750% due 10/15/33<sup>(a)</sup> | 51174 |
|  |  | Total Bermuda | 9991669 |
| **Brazil - 0.5%** | **Brazil - 0.5%** | **Brazil - 0.5%** |  |
| 200000 |  | Itau Unibanco Holding SA, Subordinated Notes, 3.875% (5-Year CMT Index + 3.446%) due 4/15/31<sup>(b)</sup> | 198206 |
| 3039448 |  | Prumo Participacoes e Investimentos S/A, Senior Secured Notes, 7.500% due 12/31/31 | 3103395 |
|  |  | Total Brazil | 3301601 |
| **British Virgin Islands - 0.2%** | **British Virgin Islands - 0.2%** | **British Virgin Islands - 0.2%** |  |
| 1400000 |  | Gold Fields Orogen Holdings BVI Ltd., Company Guaranteed Notes, 6.125% due 5/15/29 | 1471673 |
| **Canada - 2.5%** | **Canada - 2.5%** |  |  |
| 2100000 |  | Aris Mining Corp., Company Guaranteed Notes, 8.000% due 10/31/29<sup>(a)</sup> | 2192148 |
| 1793000 |  | Brookfield Residential Properties Inc./Brookfield Residential US LLC, Company Guaranteed Notes, 4.875% due 2/15/30<sup>(a)</sup> | 1663008 |
| 10024000 |  | Cannabist Co. Holdings Inc., Senior Secured Notes, 9.250% due 12/31/28 | 5362840 |
| 1414000 |  | Enerflex Ltd., Senior Secured Notes, 9.000% due 10/15/27<sup>(a)</sup> | 1444386 |
| 2500000 |  | Polaris Renewable Energy Inc., Senior Secured Notes, 9.500% due 12/3/29 | 2562500 |
| 50000 |  | Rogers Communications Inc., Subordinated Notes, 7.000% (5-Year CMT Index + 2.653%) due 4/15/55<sup>(b)</sup> | 51970 |
| 290000 |  | Saturn Oil & Gas Inc., Senior Secured Notes, 9.625% due 6/15/29<sup>(a)</sup> | 294932 |
| 3595000 |  | Trulieve Cannabis Corp., Senior Secured Notes, 8.000% due 10/6/26 | 3597506 |
| 50000 |  | Vermilion Energy Inc., Senior Unsecured Notes, 7.250% due 2/15/33<sup>(a)</sup> | 47378 |
|  |  | Total Canada | 17216668 |
| **Cayman Islands - 2.2%** | **Cayman Islands - 2.2%** | **Cayman Islands - 2.2%** |  |
| 4920538 |  | Bioceanico Sovereign Certificate Ltd., Senior Secured Notes, zero coupon, due 6/5/34 | 4035825 |
| 848000 |  | C&W Senior Finance Ltd., Company Guaranteed Notes, 9.000% due 1/15/33<sup>(a)</sup> | 881146 |
| 1328000 |  | CHC Group LLC, Senior Secured Notes, 11.750% due 9/1/30<sup>(a)</sup> | 1273175 |
| 1900000 |  | Cosan Overseas Ltd., Company Guaranteed Notes, 8.250%<sup>(c)</sup> | 1904750 |
| 19023 |  | Interoceanica IV Finance Ltd., Senior Secured Notes, zero coupon, due 11/30/25 | 19020 |
| 390000 |  | Ittihad International II Ltd., Company Guaranteed Notes, 7.375% due 11/13/30<sup>(a)</sup> | 392683 |
| 3049640 |  | Lima Metro Line 2 Finance Ltd., Senior Secured Notes, 5.875% due 7/5/34 | 3165971 |
| 1927200 |  | Rutas 2 & 7 Finance Ltd., Senior Secured Notes, zero coupon, due 9/30/36 | 1439445 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Cayman Islands - (continued)** | **Cayman Islands - (continued)** | **Cayman Islands - (continued)** |  |
| 2507000 |  | Sable International Finance Ltd., Senior Secured Notes, 7.125% due 10/15/32<sup>(a)</sup> | $2531611 |
|  |  | Total Cayman Islands | 15643626 |
| **Chile - 1.7%** |  |  |  |
| 5000000 |  | CAP SA, Senior Unsecured Notes, 3.900% due 4/27/31 | 4075000 |
| 1041000 |  | Cencosud SA, Company Guaranteed Notes, 4.375% due 7/17/27 | 1041034 |
| 3074169 |  | Chile Electricity PEC SpA, Senior Secured Notes, zero coupon, due 1/25/28<sup>(a)</sup> | 2766752 |
| 1500000 |  | Corp. Nacional del Cobre de Chile, Senior Unsecured Notes, 3.000% due 9/30/29 | 1422600 |
| 212800 |  | Empresa Electrica Angamos SA, Senior Secured Notes, 4.875% due 5/25/29 | 192052 |
| 788800 |  | Empresa Electrica Cochrane SpA, Senior Secured Notes, 5.500% due 5/14/27 | 781023 |
| 1741960 |  | GNL Quintero SA, Senior Unsecured Notes, 4.634% due 7/31/29 | 1744056 |
|  |  | Total Chile | 12022517 |
| **Colombia - 0.7%** | **Colombia - 0.7%** |  |  |
| 1700000 |  | Banco Davivienda SA, Subordinated Notes, 8.125% (5-Year CMT Index + 4.588%) due 7/2/35<sup>(a)(b)</sup> | 1751000 |
| 1000000 |  | Banco de Bogota SA, Subordinated Notes, 6.250% due 5/12/26 | 1003776 |
| 150000 |  | Banco GNB Sudameris SA, Subordinated Notes, 7.500% (5-Year CMT Index + 6.660%) due 4/16/31<sup>(b)</sup> | 148337 |
| 1300000 |  | Empresas Publicas de Medellin ESP, Senior Unsecured Notes, 4.375% due 2/15/31 | 1204871 |
| 643600 |  | Fideicomiso PA Pacifico Tres, Senior Secured Notes, 8.250% due 1/15/35 | 677067 |
|  |  | Total Colombia | 4785051 |
| **Czech Republic - 0.6%** | **Czech Republic - 0.6%** |  |  |
|  |  | Czechoslovak Group AS, Senior Secured Notes: |  |
| 1207000 | <sup>EUR</sup> | &nbsp;&nbsp;5.250% due 1/10/31<sup>(a)</sup> | 1453149 |
| 1720000 |  | &nbsp;&nbsp;6.500% due 1/10/31<sup>(a)</sup> | 1770617 |
| 1039000 | <sup>EUR</sup> | Energo-Pro AS, Local Government Guaranteed Notes, 8.000% due 5/27/30<sup>(a)</sup> | 1273336 |
|  |  | Total Czech Republic | 4497102 |
| **Ecuador - 0.0%** | **Ecuador - 0.0%** |  |  |
| 200000 |  | Corp. Quiport SA, Senior Secured Notes, 9.000% due 12/15/37<sup>(a)</sup> | 210880 |
| **France - 0.5%** |  |  |  |
| 700000 | <sup>EUR</sup> | CAB SELAS, Senior Secured Notes, 3.375% due 2/1/28 | 761405 |
| 513000 | <sup>EUR</sup> | Emeria SASU, Senior Secured Notes, 7.750% due 3/31/28 | 543097 |
| 300000 |  | Iliad Holding SAS, Senior Secured Notes, 8.500% due 4/15/31<sup>(a)</sup> | 322234 |
| 687000 | <sup>EUR</sup> | Laboratoire Eimer SELAS, Company Guaranteed Notes, 5.000% due 2/1/29 | 615717 |
|  |  | Viridien, Senior Secured Notes: |  |
| 860221 | <sup>EUR</sup> | &nbsp;&nbsp;8.500% due 10/15/30<sup>(a)</sup> | 1045522 |
| 400000 |  | &nbsp;&nbsp;10.000% due 10/15/30<sup>(a)</sup> | 421670 |
|  |  | Total France | 3709645 |
| **Germany - 2.9%** | **Germany - 2.9%** |  |  |
| 1800000 |  | Cerdia Finanz GmbH, Senior Secured Notes, 9.375% due 10/3/31<sup>(a)</sup> | 1858014 |
| 495000 | <sup>EUR</sup> | Cheplapharm Arzneimittel GmbH, Senior Secured Notes, 7.125% due 6/15/31<sup>(a)</sup> | 585641 |
| 3068000 | <sup>EUR</sup> | Duran Life Science Holding GmbH, Senior Secured Notes, 8.561% (3-Month EURIBOR + 6.500%) due 5/31/30<sup>(b)</sup> | 3584490 |
|  |  | IHO Verwaltungs GmbH, Senior Secured Notes: |  |
| 400000 |  | &nbsp;&nbsp;7.750% due 11/15/30<sup>(a)(d)</sup> | 416802 |
| 500000 |  | &nbsp;&nbsp;8.000% due 11/15/32<sup>(a)(d)</sup> | 520884 |
| 2253000 | <sup>EUR</sup> | JDC Group AG, Senior Secured Notes, 6.569% (3-Month EURIBOR + 4.500%) due 8/28/29<sup>(a)(b)</sup> | 2632025 |
| 1000000 | <sup>EUR</sup> | Kolibri Beteiligungsgesellschaft mbH & Co. KGaA, Senior Secured Notes, 9.032% (3-Month EURIBOR + 7.000%) due 2/13/29<sup>(a)(b)</sup> | 1189221 |
| 1305000 | <sup>EUR</sup> | LifeFit Group MidCo GmbH, Senior Secured Notes, 9.069% (3-Month EURIBOR + 7.000%) due 8/29/29<sup>(b)</sup> | 1576767 |
| 1700000 | <sup>EUR</sup> | Muehlhan Holding GmbH, Senior Secured Notes, 7.926% (3-Month EURIBOR + 5.900%) due 5/15/30<sup>(a)(b)</sup> | 1976934 |
| 3208000 | <sup>EUR</sup> | Platform Group AG, Company Guaranteed Notes, 8.875% due 7/11/28 | 3553003 |
| 1487000 | <sup>EUR</sup> | Secop Group Holding GmbH, Senior Secured Notes, 10.380% (3-Month EURIBOR + 8.400%) due 12/29/26<sup>(b)</sup> | 1737334 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Germany - (continued)** | **Germany - (continued)** | **Germany - (continued)** |  |
| 443000 | <sup>EUR</sup> | smava GmbH, Senior Secured Notes, 9.054% (3-Month EURIBOR + 7.000%) due 5/22/29<sup>(b)</sup> | $531705 |
|  |  | Total Germany | 20162820 |
| **Gibraltar - 0.7%** | **Gibraltar - 0.7%** | **Gibraltar - 0.7%** |  |
|  |  | 888 Acquisitions Ltd., Senior Secured Notes: |  |
| 568000 | <sup>EUR</sup> | &nbsp;&nbsp;7.526% (3-Month EURIBOR + 5.500%) due 7/15/28<sup>(b)</sup> | 588216 |
| 2759000 | <sup>GBP</sup> | &nbsp;&nbsp;10.750% due 5/15/30 | 3202495 |
| 1370000 | <sup>EUR</sup> | &nbsp;&nbsp;8.000% due 9/30/31<sup>(a)</sup> | 1332834 |
|  |  | Total Gibraltar | 5123545 |
| **Guatemala - 0.3%** | **Guatemala - 0.3%** |  |  |
| 2267000 |  | Banco Industrial SA, Subordinated Notes, 4.875% (5-Year CMT Index + 4.442%) due 1/29/31<sup>(b)</sup> | 2255552 |
| **India - 2.0%** |  |  |  |
|  |  | Adani Electricity Mumbai Ltd., Senior Secured Notes: |  |
| 2000000 |  | &nbsp;&nbsp;3.949% due 2/12/30 | 1864756 |
| 600000 |  | &nbsp;&nbsp;3.867% due 7/22/31 | 538355 |
| 1797750 |  | Adani International Container Terminal Pvt Ltd., Senior Secured Notes, 3.000% due 2/16/31 | 1644640 |
|  |  | Adani Ports & Special Economic Zone Ltd., Senior Unsecured Notes: |  |
| 2100000 |  | &nbsp;&nbsp;4.000% due 7/30/27 | 2055676 |
| 400000 |  | &nbsp;&nbsp;4.375% due 7/3/29 | 385842 |
| 200000 |  | &nbsp;&nbsp;3.100% due 2/2/31 | 176691 |
| 739125 |  | Adani Renewable Energy RJ Ltd./Kodangal Solar Parks Pvt Ltd./Wardha Solar Maharash, Senior Secured Notes, 4.625% due 10/15/39 | 627863 |
|  |  | Adani Transmission Step-One Ltd., Senior Secured Notes: |  |
| 1000000 |  | &nbsp;&nbsp;4.000% due 8/3/26 | 989000 |
| 1729000 |  | &nbsp;&nbsp;4.250% due 5/21/36 | 1555284 |
| 2849500 |  | JSW Hydro Energy Ltd., Senior Secured Notes, 4.125% due 5/18/31 | 2653919 |
| 900000 |  | JSW Infrastructure Ltd., Senior Secured Notes, 4.950% due 1/21/29 | 899904 |
| 750000 |  | Reliance Industries Ltd., Senior Unsecured Notes, 3.667% due 11/30/27 | 742270 |
|  |  | Total India | 14134200 |
| **Indonesia - 0.7%** | **Indonesia - 0.7%** |  |  |
| 200000 |  | Freeport Indonesia PT, Senior Unsecured Notes, 4.763% due 4/14/27 | 200523 |
| 1900000 |  | Pertamina Persero PT, Senior Unsecured Notes, 1.400% due 2/9/26 | 1888127 |
| 3000000 |  | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, Senior Unsecured Notes, 4.125% due 5/15/27 | 2992519 |
|  |  | Total Indonesia | 5081169 |
| **Ireland - 0.3%** | **Ireland - 0.3%** |  |  |
| 2125000 |  | Priority 1 Issuer Logistics DAC, Senior Secured Notes, 12.625% due 11/19/27 | 2075004 |
| **Isle of Man - 0.3%** | **Isle of Man - 0.3%** |  |  |
| 2500000 |  | AngloGold Ashanti Holdings PLC, Company Guaranteed Notes, 3.375% due 11/1/28 | 2424883 |
| **Italy - 0.8%** | **Italy - 0.8%** |  |  |
| 1600000 | <sup>EUR</sup> | EVOCA SpA, Senior Secured Notes, 7.279% (3-Month EURIBOR + 5.250%) due 4/9/29<sup>(b)</sup> | 1773656 |
| 900000 | <sup>EUR</sup> | Fiber Midco SpA, Senior Unsecured Notes, 10.750% due 6/15/29<sup>(d)</sup> | 833952 |
| 2125000 | <sup>EUR</sup> | Gruppo San Donato SpA, Senior Secured Notes, 6.500% due 10/31/31<sup>(a)</sup> | 2510461 |
| 362000 | <sup>EUR</sup> | Nexture SpA, Senior Secured Notes, 6.026% (3-Month EURIBOR + 4.000%) due 7/30/32<sup>(a)</sup> | 421938 |
|  |  | Total Italy | 5540007 |
| **Japan - 0.3%** |  |  |  |
| 250000 |  | Kioxia Holdings Corp., Company Guaranteed Notes, 6.625% due 7/24/33<sup>(a)</sup> | 260014 |
|  |  | Rakuten Group Inc., Senior Unsecured Notes: |  |
| 1150000 |  | &nbsp;&nbsp;11.250% due 2/15/27<sup>(a)</sup> | 1231924 |
| 300000 |  | &nbsp;&nbsp;9.750% due 4/15/29<sup>(a)</sup> | 333357 |
|  |  | Total Japan | 1825295 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Jersey, Channel Islands - 0.3%** | **Jersey, Channel Islands - 0.3%** | **Jersey, Channel Islands - 0.3%** |  |
| 1100000 |  | Aptiv Swiss Holdings Ltd., Company Guaranteed Notes, 6.875% (5-Year CMT Index + 3.385%) due 12/15/54<sup>(b)</sup> | $1129475 |
| 1087552 | <sup>GBP</sup> | Wheel Bidco Ltd., Senior Secured Notes, 9.875% due 9/15/29 | 1305619 |
|  |  | Total Jersey, Channel Islands | 2435094 |
| **Kazakhstan - 0.1%** | **Kazakhstan - 0.1%** | **Kazakhstan - 0.1%** |  |
| 411000 |  | ForteBank JSC, Junior Subordinated Notes, 9.750% (5-Year CMT Index + 6.188%)<sup>(a)(b)(c)(e)</sup> | 399786 |
| **Kuwait - 0.0%** |  |  |  |
| 300000 |  | EQUATE Petrochemical Co. KSC, Company Guaranteed Notes, 4.250% due 11/3/26 | 299118 |
| **Luxembourg - 5.1%** | **Luxembourg - 5.1%** | **Luxembourg - 5.1%** |  |
| 1370502 |  | Acu Petroleo Luxembourg SARL, Senior Secured Notes, 7.500% due 1/13/32 | 1385289 |
| 900000 |  | Albion Financing 1 SARL/Aggreko Holdings Inc., Senior Secured Notes, 7.000% due 5/21/30<sup>(a)</sup> | 935509 |
|  |  | Altice Financing SA, Senior Secured Notes: |  |
| 1059000 | <sup>EUR</sup> | &nbsp;&nbsp;3.000% due 1/15/28 | 917822 |
| 1112000 |  | &nbsp;&nbsp;5.000% due 1/15/28<sup>(a)</sup> | 743339 |
| 2720000 |  | Auna SA, Senior Secured Notes, 8.750% due 11/6/32<sup>(a)</sup> | 2723454 |
| 260000 | <sup>GBP</sup> | B&M European Value Retail SA, Senior Secured Notes, 8.125% due 11/15/30 | 354461 |
| 970871 |  | Chile Electricity Lux Mpc II SARL, Government Guaranteed Notes, 5.672% due 10/20/35<sup>(a)</sup> | 1002910 |
| 1649900 |  | Chile Electricity Lux MPC SARL, Government Guaranteed Notes, 6.010% due 1/20/33 | 1728320 |
| 200000 |  | Cosan Luxembourg SA, Senior Unsecured Notes, 5.500% due 9/20/29 | 196500 |
| 3000000 |  | CSN Resources SA, Company Guaranteed Notes, 5.875% due 4/8/32 | 2257500 |
| 1134231 | <sup>EUR</sup> | Cullinan Holdco Scsp, Senior Secured Notes, 8.500% due 10/15/29<sup>(a)</sup> | 1057460 |
| 1637000 | <sup>EUR</sup> | Flamingo Lux II SCA, Senior Unsecured Notes, 5.000% due 3/31/29 | 927754 |
| 2711000 | <sup>EUR</sup> | GTC Aurora Luxembourg SA, Company Guaranteed Notes, 2.250% due 6/23/26 | 3116461 |
| 742000 |  | Herens Holdco SARL, Senior Secured Notes, 4.750% due 5/15/28<sup>(a)</sup> | 645525 |
|  |  | Mangrove Luxco III SARL, Senior Secured Notes: |  |
| 5237000 | <sup>EUR</sup> | &nbsp;&nbsp;7.009% (3-Month EURIBOR + 5.000%) due 7/15/29<sup>(b)</sup> | 6075386 |
| 1998000 | <sup>EUR</sup> | &nbsp;&nbsp;7.026% (3-Month EURIBOR + 5.000%) due 7/15/29<sup>(b)</sup> | 2317858 |
|  |  | Millicom International Cellular SA, Senior Unsecured Notes: |  |
| 900000 |  | &nbsp;&nbsp;5.125% due 1/15/28<sup>(f)</sup> | 895069 |
| 270000 |  | &nbsp;&nbsp;6.250% due 3/25/29 | 270812 |
| 200000 |  | &nbsp;&nbsp;4.500% due 4/27/31 | 185622 |
| 1400000 |  | Movida Europe SA, Company Guaranteed Notes, 7.850% due 4/11/29<sup>(f)</sup> | 1326472 |
| 500000 |  | Nexa Resources SA, Company Guaranteed Notes, 6.500% due 1/18/28 | 510456 |
| 1500000 | <sup>EUR</sup> | Odyssey Europe Holdco SARL, Senior Secured Notes, 11.000% due 12/31/25<sup>(d)</sup> | 1662141 |
|  |  | Raizen Fuels Finance SA, Company Guaranteed Notes: |  |
| 300000 |  | &nbsp;&nbsp;6.450% due 3/5/34 | 259490 |
| 1100000 |  | &nbsp;&nbsp;5.700% due 1/17/35 | 905130 |
| 200000 |  | &nbsp;&nbsp;6.700% due 2/25/37 | 171500 |
| 600000 |  | Saavi Energia SARL, Senior Unsecured Notes, 8.875% due 2/10/35<sup>(a)</sup> | 644628 |
| 200000 |  | Simpar Europe SA, Company Guaranteed Notes, 5.200% due 1/26/31 | 156800 |
|  |  | Telecom Italia Capital SA, Company Guaranteed Notes: |  |
| 50000 |  | &nbsp;&nbsp;6.375% due 11/15/33 | 52629 |
| 150000 |  | &nbsp;&nbsp;6.000% due 9/30/34 | 154068 |
| 1700000 |  | &nbsp;&nbsp;7.200% due 7/18/36 | 1848624 |
| 422639 |  | Tierra Mojada Luxembourg II SARL, Senior Secured Notes, 5.750% due 12/1/40 | 417910 |
|  |  | Total Luxembourg | 35846899 |
| **Malaysia - 0.1%** | **Malaysia - 0.1%** |  |  |
| 400000 |  | MISC Capital Two Labuan Ltd., Company Guaranteed Notes, 3.750% due 4/6/27 | 397076 |
| **Marshall Islands - 0.2%** | **Marshall Islands - 0.2%** | **Marshall Islands - 0.2%** |  |
| 1200000 |  | Navios South American Logistics Inc., Senior Secured Notes, 8.875% due 7/14/30<sup>(a)</sup> | 1226949 |
| **Mexico - 3.6%** |  |  |  |
| 900000 |  | Banco Mercantil del Norte SA, Junior Subordinated Notes, 8.375% (5-Year CMT Index + 4.072%)<sup>(a)(b)(c)</sup> | 942759 |
| 2000000 |  | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico, Subordinated Notes, 5.875% (5-Year CMT Index + 4.308%) due 9/13/34<sup>(b)</sup> | 1996348 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Mexico - (continued)** | **Mexico - (continued)** |  |  |
| 1094402 |  | Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy, Senior Secured Notes, 7.875% due 2/15/39<sup>(a)</sup> | $1192808 |
| 3600000 |  | Cemex SAB de CV, Subordinated Notes, 5.125% (5-Year CMT Index + 4.534%)<sup>(b)(c)</sup> | 3586412 |
| 882000 |  | Cometa Energia SA de CV, Senior Secured Notes, 6.375% due 4/24/35 | 916971 |
|  |  | Comision Federal de Electricidad, Company Guaranteed Notes: |  |
| 600000 |  | &nbsp;&nbsp;3.348% due 2/9/31 | 540610 |
| 1200000 |  | &nbsp;&nbsp;6.450% due 1/24/35<sup>(a)</sup> | 1229192 |
| 1676523 |  | Fermaca Enterprises S de RL de CV, Senior Secured Notes, 6.375% due 3/30/38 | 1700162 |
|  |  | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple, Senior Secured Notes: |  |
| 693355 |  | &nbsp;&nbsp;7.250% due 1/31/41 | 724674 |
| 396203 |  | &nbsp;&nbsp;7.250% due 1/31/41<sup>(a)</sup> | 414099 |
|  |  | Grupo Aeromexico SAB de CV, Senior Secured Notes: |  |
| 1820000 |  | &nbsp;&nbsp;8.250% due 11/15/29 | 1819945 |
| 1717000 |  | &nbsp;&nbsp;8.625% due 11/15/31 | 1716554 |
| 3236681 |  | Mexico Generadora de Energia S de rl, Senior Secured Notes, 5.500% due 12/6/32 | 3315034 |
|  |  | Orbia Advance Corp. SAB de CV, Company Guaranteed Notes: |  |
| 600000 |  | &nbsp;&nbsp;6.750% due 9/19/42 | 516212 |
| 200000 |  | &nbsp;&nbsp;5.875% due 9/17/44 | 153598 |
| 2000000 |  | Petroleos Mexicanos, Company Guaranteed Notes, 6.750% due 9/21/47 | 1627488 |
|  |  | Total Play Telecomunicaciones SA de CV, Senior Secured Notes: |  |
| 1800000 |  | &nbsp;&nbsp;10.500% due 12/31/28 | 1776636 |
| 1300000 |  | &nbsp;&nbsp;11.125% due 12/31/32<sup>(a)</sup> | 1239875 |
|  |  | Total Mexico | 25409377 |
| **Morocco - 0.3%** | **Morocco - 0.3%** |  |  |
| 1900000 |  | OCP SA, Senior Unsecured Notes, 6.750% due 5/2/34 | 2043365 |
| **Multinational - 0.6%** | **Multinational - 0.6%** | **Multinational - 0.6%** |  |
| 236463 |  | Borr IHC Ltd./Borr Finance LLC, Senior Secured Notes, 10.000% due 11/15/28<sup>(a)</sup> | 235750 |
| 500000 |  | Cascades Inc./Cascades USA Inc., Company Guaranteed Notes, 5.375% due 1/15/28<sup>(a)</sup> | 500333 |
| 1900000 |  | Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes, 9.000% due 9/15/29<sup>(a)</sup> | 2017802 |
| 1150000 |  | Digicel International Finance Ltd./Difl US LLC, Senior Secured Notes, 8.625% due 8/1/32<sup>(a)</sup> | 1177408 |
|  |  | Total Multinational | 3931293 |
| **Netherlands - 1.4%** | **Netherlands - 1.4%** | **Netherlands - 1.4%** |  |
| 1600000 | <sup>EUR</sup> | Arles I BV, Senior Secured Notes, 8.540% (3-Month EURIBOR + 6.500%) due 11/4/30<sup>(a)(b)</sup> | 1850300 |
| 109000 | <sup>EUR</sup> | Centrient Holding BV, Senior Secured Notes, 6.750% due 5/30/30<sup>(a)</sup> | 109102 |
| 564000 | <sup>EUR</sup> | Eastern European Electric Co. BV, Senior Secured Notes, 6.500% due 5/15/30<sup>(a)</sup> | 688353 |
| 863040 |  | Minejesa Capital BV, Senior Secured Notes, 4.625% due 8/10/30 | 858737 |
| 1593297 |  | Mong Duong Finance Holdings BV, Senior Secured Notes, 5.125% due 5/7/29 | 1575165 |
| 2270192 |  | MV24 Capital BV, Senior Secured Notes, 6.748% due 6/1/34 | 2231833 |
|  |  | Petrobras Global Finance BV, Company Guaranteed Notes: |  |
| 500000 |  | &nbsp;&nbsp;5.125% due 9/10/30 | 494225 |
| 348000 |  | &nbsp;&nbsp;6.250% due 1/10/36 | 341649 |
| 660000 | <sup>EUR</sup> | VZ Secured Financing BV, Senior Secured Notes, 5.250% due 1/15/33 | 759820 |
| 500000 |  | Yinson Bergenia Production BV, Senior Secured Notes, 8.498% due 1/31/45<sup>(a)</sup> | 524415 |
| 700000 |  | Ziggo Bond Co. BV, Company Guaranteed Notes, 5.125% due 2/28/30<sup>(a)</sup> | 628310 |
|  |  | Total Netherlands | 10061909 |
| **Norway - 1.3%** | **Norway - 1.3%** |  |  |
| 625000 |  | Archer Norge AS, Senior Secured Notes, 9.500% due 2/25/30 | 657934 |
| 350000 |  | BLUENORD ASA, Senior Unsecured Notes, 9.500% due 7/2/29<sup>(a)</sup> | 365704 |
| 17500000 | <sup>NOK</sup> | Bonheur ASA, Senior Unsecured Notes, 6.490% (3-Month NIBOR + 2.350%) due 10/9/29<sup>(a)(b)</sup> | 1737192 |
| 1231000 |  | DNO ASA, Senior Unsecured Notes, 8.500% due 3/27/30<sup>(a)</sup> | 1273889 |
| 1800000 |  | DNO ASA, Subordinated Notes, step bond to yield, 10.750% due 6/17/85<sup>(a)</sup> | 1883900 |
| 1500000 |  | NES Fircroft Bondco AS, Senior Secured Notes, 8.000% due 9/30/29<sup>(a)</sup> | 1514698 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Norway - (continued)** | **Norway - (continued)** | **Norway - (continued)** |  |
| 17000000 | <sup>NOK</sup> | Nord-troendelag Elektrisitetsverk AS, Senior Unsecured Notes, 4.858% due 9/10/32 | $1674460 |
|  |  | Total Norway | 9107777 |
| **Panama - 0.2%** | **Panama - 0.2%** |  |  |
| 1300000 |  | Intercorp Financial Services Inc., Senior Unsecured Notes, 4.125% due 10/19/27 | 1293078 |
| **Paraguay - 0.3%** | **Paraguay - 0.3%** |  |  |
| 1500000 |  | Banco Continental SAECA, Senior Unsecured Notes, 2.750% due 12/10/25 | 1495500 |
| 300000 |  | Frigorifico Concepcion SA, Senior Secured Notes, 7.700% due 7/21/28 | 166500 |
| 200000 |  | Telefonica Celular del Paraguay SA, Senior Unsecured Notes, 5.875% due 4/15/27 | 199000 |
|  |  | Total Paraguay | 1861000 |
| **Peru - 1.2%** |  |  |  |
| 3550000 |  | Banco de Credito del Peru SA, Subordinated Notes, 3.250% (5-Year CMT Index + 2.450%) due 9/30/31<sup>(b)</sup> | 3499101 |
| 2100000 |  | InRetail Consumer, Senior Secured Notes, 3.250% due 3/22/28 | 2040094 |
| 1806000 |  | Minsur SA, Senior Unsecured Notes, 4.500% due 10/28/31 | 1731148 |
| 375050 |  | Peru LNG Srl, Senior Unsecured Notes, 5.375% due 3/22/30 | 361433 |
| 500000 |  | Scotiabank Peru SAA, Subordinated Notes, 6.100% (1-Year CMT Index + 2.309%) due 10/1/35<sup>(a)(b)</sup> | 514000 |
| 600000 |  | Volcan Compania Minera SAA, Senior Secured Notes, 8.500% due 10/28/32<sup>(a)</sup> | 609750 |
|  |  | Total Peru | 8755526 |
| **Portugal - 0.0%** | **Portugal - 0.0%** |  |  |
| 70068 |  | Invepar, zero coupon, due 12/30/28<sup>(e)</sup> | – |
| **Romania - 0.0%** | **Romania - 0.0%** |  |  |
| 158000 | <sup>EUR</sup> | Banca Transilvania SA, Senior Non-Preferred Notes, 8.875% (1-Year EURIBOR ICE Swap Rate + 5.580%) due 4/27/27<sup>(b)</sup> | 187258 |
| **Singapore - 2.5%** | **Singapore - 2.5%** |  |  |
| 2500000 |  | BPRL International Singapore Pte Ltd., Company Guaranteed Notes, 4.375% due 1/18/27 | 2499451 |
| 2900000 |  | DBS Group Holdings Ltd., Subordinated Notes, 1.822% (5-Year CMT Index + 1.100%) due 3/10/31<sup>(b)</sup> | 2877710 |
| 800000 |  | Medco Laurel Tree Pte Ltd., Company Guaranteed Notes, 6.950% due 11/12/28 | 804028 |
| 3000000 |  | ONGC Videsh Vankorneft Pte Ltd., Company Guaranteed Notes, 3.750% due 7/27/26 | 2988246 |
| 2700000 |  | Oversea-Chinese Banking Corp., Ltd, Subordinated Notes, 4.602% (5-Year CMT Index + 1.575%) due 6/15/32<sup>(b)</sup> | 2709383 |
|  |  | Seagate Data Storage Technology Pte Ltd., Company Guaranteed Notes: |  |
| 50000 |  | &nbsp;&nbsp;4.091% due 6/1/29<sup>(a)</sup> | 48776 |
| 500000 |  | &nbsp;&nbsp;5.875% due 7/15/30<sup>(a)</sup> | 514847 |
| 1433000 |  | &nbsp;&nbsp;5.750% due 12/1/34<sup>(a)</sup> | 1473094 |
|  |  | United Overseas Bank Ltd., Subordinated Notes: |  |
| 1600000 |  | &nbsp;&nbsp;1.750% (5-Year CMT Index + 1.520%) due 3/16/31<sup>(b)</sup> | 1587931 |
| 1800000 |  | &nbsp;&nbsp;2.000% (5-Year CMT Index + 1.230%) due 10/14/31<sup>(b)</sup> | 1763805 |
|  |  | Total Singapore | 17267271 |
| **Spain - 0.8%** |  |  |  |
|  |  | AI Candelaria - spain- SA, Senior Secured Notes: |  |
| 1494996 |  | &nbsp;&nbsp;7.500% due 12/15/28 | 1511815 |
| 3050000 |  | &nbsp;&nbsp;5.750% due 6/15/33 | 2732800 |
| 853000 | <sup>EUR</sup> | Eroski S Coop, Senior Secured Notes, 5.750% due 5/15/31<sup>(a)</sup> | 1016839 |
| 200000 |  | Termocandelaria Power SA, Company Guaranteed Notes, 7.750% due 9/17/31<sup>(a)</sup> | 206015 |
|  |  | Total Spain | 5467469 |
| **Sweden - 2.9%** |  |  |  |
| 8200000 | <sup>EUR</sup> | European Entertainment Intressenter BidCo AB, Senior Secured Notes, 9.261% (3-Month EURIBOR + 7.250%) due 9/29/30<sup>(b)</sup> | 9085970 |
| 1200000 | <sup>EUR</sup> | Genexis International AB, Senior Secured Notes, 9.578% (3-Month EURIBOR + 7.500%) due 9/6/26<sup>(b)</sup> | 841841 |
| 522000 | <sup>EUR</sup> | Geveko AB, Senior Secured Notes, 6.493% (3-Month EURIBOR + 4.500%) due 12/26/28<sup>(b)</sup> | 608365 |
| 590990 |  | Go North Group AB, zero coupon, due 12/31/49<sup>(e)(g)</sup> |  |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **Sweden - (continued)** | **Sweden - (continued)** |  |  |
| 1618738 |  | Go North Group AB, Senior Secured Notes, 9.808% (SOFRRATE + 5.762%) due 2/9/26<sup>(b)(g)</sup> | $1557226 |
| 3147394 | <sup>SEK</sup> | Go North Group AB, Senior Unsecured Notes, 15.000% due 2/2/28<sup>(g)</sup> |  |
| 7500000 | <sup>SEK</sup> | Goldcup 100865 AB, Senior Secured Notes, 7.398% (3-Month SEK-STIBOR + 5.500%) due 7/11/28<sup>(b)</sup> | 809704 |
| 7000000 | <sup>SEK</sup> | Novedo Holding AB, Senior Secured Notes, 12.000% due 9/18/28<sup>(d)</sup> | 702008 |
| 2250000 |  | Nynas AB, Senior Secured Notes, 11.750% due 6/17/28<sup>(a)</sup> | 2356165 |
| 3800000 | <sup>EUR</sup> | Trustly AB, Senior Secured Notes, 8.776% (3-Month EURIBOR + 6.750%) due 10/8/30<sup>(b)</sup> | 4296515 |
|  |  | Total Sweden | 20257794 |
| **United Kingdom - 4.8%** | **United Kingdom - 4.8%** |  |  |
| 1500000 |  | 3t Global Bidco PLC, Senior Secured Notes, 11.250% due 5/22/28 | 1514963 |
| 2029000 |  | Azule Energy Finance PLC, Company Guaranteed Notes, 8.125% due 1/23/30<sup>(a)</sup> | 2035687 |
| 5832000 | <sup>GBP</sup> | Bellis Acquisition Co. PLC, Senior Secured Notes, 8.125% due 5/14/30 | 7194054 |
| 1750000 | <sup>GBP</sup> | Bracken MidCo1 PLC, Senior Unsecured Notes, 6.750% due 11/1/27<sup>(d)</sup> | 2298880 |
| 411000 |  | Endeavour Mining PLC, Company Guaranteed Notes, 7.000% due 5/28/30<sup>(a)</sup> | 424922 |
| 760000 |  | EnQuest PLC, Company Guaranteed Notes, 11.625% due 11/1/27 | 769054 |
| 1900000 |  | Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Unsecured Notes, 11.500% due 8/15/29<sup>(a)</sup> | 1950702 |
| 15903354 | <sup>SEK</sup> | Impala BondCo PLC, Senior Secured Notes, 12.000% due 10/30/27<sup>(e)(h)</sup> | 1009961 |
| 250000 |  | Ithaca Energy North Sea PLC, Senior Unsecured Notes, 8.125% due 10/15/29<sup>(a)</sup> | 261689 |
|  |  | Jerrold Finco PLC, Senior Secured Notes: |  |
| 2600000 | <sup>GBP</sup> | &nbsp;&nbsp;7.875% due 4/15/30 | 3520165 |
| 1095000 | <sup>GBP</sup> | &nbsp;&nbsp;7.500% due 6/15/31<sup>(a)</sup> | 1469924 |
| 187000 | <sup>GBP</sup> | Liverpool Victoria Friendly Society Ltd., Subordinated Notes, 9.440% (5-Year UK Government Note Generic Bid Yield + 5.630%) due 5/22/43<sup>(b)</sup> | 252563 |
| 850000 |  | Marks & Spencer PLC, Senior Unsecured Notes, 7.125% due 12/1/37<sup>(a)</sup> | 939925 |
|  |  | Mobico Group PLC, Company Guaranteed Notes: |  |
| 537000 | <sup>GBP</sup> | &nbsp;&nbsp;3.625% due 11/20/28 | 625810 |
| 601000 | <sup>EUR</sup> | &nbsp;&nbsp;4.875% due 9/26/31 | 525357 |
| 569000 | <sup>GBP</sup> | Oaknorth Bank PLC, Subordinated Notes, 10.000% (5-Year UK Government Note Generic Bid Yield + 6.199%) due 1/9/35<sup>(b)</sup> | 812459 |
|  |  | Ocado Group PLC, Company Guaranteed Notes: |  |
| 341000 | <sup>GBP</sup> | &nbsp;&nbsp;10.500% due 8/8/29 | 426875 |
| 100000 | <sup>GBP</sup> | &nbsp;&nbsp;11.000% due 6/15/30 | 125912 |
| 408000 | <sup>EUR</sup> | Project Grand UK PLC, Senior Secured Notes, 9.000% due 6/1/29 | 486430 |
| 1315000 | <sup>GBP</sup> | Punch Finance PLC, Senior Secured Notes, 7.875% due 12/30/30<sup>(a)</sup> | 1770411 |
| 2700000 | <sup>GBP</sup> | RAC Bond Co. PLC, Senior Secured Notes, 5.250% due 11/4/27 | 3544326 |
| 1000000 |  | Trident Energy Finance PLC, Company Guaranteed Notes, 12.500% due 11/30/29 | 1013935 |
| 202000 |  | WE Soda Investments Holding PLC, Senior Secured Notes, 9.375% due 2/14/31 | 202799 |
| 380000 | <sup>GBP</sup> | Zopa Group PLC, Subordinated Notes, 14.400% (5-Year UK Government Note Generic Bid Yield + 9.740%) due 11/25/33<sup>(b)</sup> | 586321 |
|  |  | Total United Kingdom | 33763124 |
| **United States - 29.1%** | **United States - 29.1%** |  |  |
| 1150000 |  | Adtalem Global Education Inc., Senior Secured Notes, 5.500% due 3/1/28<sup>(a)</sup> | 1147406 |
|  |  | Advance Auto Parts Inc., Company Guaranteed Notes: |  |
| 600000 |  | &nbsp;&nbsp;3.900% due 4/15/30 | 551369 |
| 500000 |  | &nbsp;&nbsp;7.375% due 8/1/33<sup>(a)</sup> | 509370 |
|  |  | Albertsons Cos., Inc./Safeway Inc./New Albertsons LP/Albertsons LLC, Company Guaranteed Notes: |  |
| 100000 |  | &nbsp;&nbsp;4.625% due 1/15/27<sup>(a)</sup> | 99926 |
| 200000 |  | &nbsp;&nbsp;3.500% due 3/15/29<sup>(a)</sup> | 191745 |
| 86000 |  | Allegiant Travel Co., Senior Secured Notes, 7.250% due 8/15/27<sup>(a)</sup> | 87084 |
| 1300000 |  | Alliance Resource Operating Partners LP/Alliance Resource Finance Corp., Company Guaranteed Notes, 8.625% due 6/15/29<sup>(a)</sup> | 1371222 |
| 50000 |  | Ally Financial Inc., Subordinated Notes, 6.646% (5-Year CMT Index + 2.450%) due 1/17/40<sup>(b)</sup> | 50236 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** |  |
|  | AMC Networks Inc., Senior Secured Notes: |  |
| 1640000 | &nbsp;&nbsp;10.250% due 1/15/29<sup>(a)</sup> | $1720513 |
| 50000 | &nbsp;&nbsp;10.500% due 7/15/32<sup>(a)</sup> | 53563 |
|  | American Axle & Manufacturing Inc., Company Guaranteed Notes: |  |
| 650000 | &nbsp;&nbsp;5.000% due 10/1/29 | 622972 |
| 650000 | &nbsp;&nbsp;7.750% due 10/15/33<sup>(a)</sup> | 656463 |
|  | AmeriGas Partners LP/AmeriGas Finance Corp., Senior Unsecured Notes: |  |
| 1250000 | &nbsp;&nbsp;9.375% due 6/1/28<sup>(a)</sup> | 1297721 |
| 150000 | &nbsp;&nbsp;9.500% due 6/1/30<sup>(a)</sup> | 158971 |
| 215000 | ANGI Group LLC, Company Guaranteed Notes, 3.875% due 8/15/28<sup>(a)</sup> | 194130 |
| 1650000 | Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp., Secured Notes, 9.750% due 4/15/30<sup>(a)</sup> | 1792486 |
| 500000 | Atlanticus Holdings Corp., Company Guaranteed Notes, 9.750% due 9/1/30<sup>(a)</sup> | 483068 |
| 608000 | AutoNation Inc., Senior Unsecured Notes, 2.400% due 8/1/31 | 536723 |
|  | Avis Budget Car Rental LLC/Avis Budget Finance Inc., Company Guaranteed Notes: |  |
| 350000 | &nbsp;&nbsp;8.250% due 1/15/30<sup>(a)</sup> | 360444 |
| 150000 | &nbsp;&nbsp;8.000% due 2/15/31<sup>(a)</sup> | 153182 |
| 1150000 | &nbsp;&nbsp;8.375% due 6/15/32<sup>(a)</sup> | 1184079 |
| 1719000 | BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer Inc., Senior Secured Notes, 9.500% due 7/1/32<sup>(a)</sup> | 1676599 |
|  | Blue Racer Midstream LLC/Blue Racer Finance Corp., Senior Unsecured Notes: |  |
| 450000 | &nbsp;&nbsp;7.000% due 7/15/29<sup>(a)</sup> | 469327 |
| 50000 | &nbsp;&nbsp;7.250% due 7/15/32<sup>(a)</sup> | 53165 |
| 450000 | Bread Financial Holdings Inc., Subordinated Notes, 8.375% (5-Year CMT Index + 4.300%) due 6/15/35<sup>(a)(b)</sup> | 461254 |
| 50000 | Brinker International Inc., Company Guaranteed Notes, 8.250% due 7/15/30<sup>(a)(i)</sup> | 53047 |
| 150000 | Brink's Co., Company Guaranteed Notes, 6.500% due 6/15/29<sup>(a)</sup> | 154884 |
| 495000 | Brookfield Property REIT Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL, Senior Secured Notes, 4.500% due 4/1/27<sup>(a)</sup> | 486447 |
| 946000 | Brundage-Bone Concrete Pumping Holdings Inc., Senior Secured Notes, 7.500% due 2/1/32<sup>(a)</sup> | 958442 |
| 1100000 | California Resources Corp., Company Guaranteed Notes, 8.250% due 6/15/29<sup>(a)</sup> | 1150902 |
| 185000 | Carpenter Technology Corp., Senior Unsecured Notes, 5.625% due 3/1/34<sup>(a)</sup> | 188025 |
| 400000 | Carriage Services Inc., Company Guaranteed Notes, 4.250% due 5/15/29<sup>(a)</sup> | 383152 |
| 1765500 | Carvana Co., Senior Secured Notes, 9.000% due 6/1/31<sup>(a)(d)</sup> | 1985605 |
|  | CCO Holdings LLC/CCO Holdings Capital Corp., Senior Unsecured Notes: |  |
| 50000 | &nbsp;&nbsp;5.125% due 5/1/27<sup>(a)</sup> | 49929 |
| 350000 | &nbsp;&nbsp;5.000% due 2/1/28<sup>(a)</sup> | 347077 |
|  | Charles River Laboratories International Inc., Company Guaranteed Notes: |  |
| 350000 | &nbsp;&nbsp;3.750% due 3/15/29<sup>(a)</sup> | 337684 |
| 3324000 | &nbsp;&nbsp;4.000% due 3/15/31<sup>(a)</sup> | 3144435 |
|  | CHS/Community Health Systems Inc., Senior Secured Notes: |  |
| 50000 | &nbsp;&nbsp;5.250% due 5/15/30<sup>(a)</sup> | 47235 |
| 343000 | &nbsp;&nbsp;4.750% due 2/15/31<sup>(a)</sup> | 306861 |
| 850000 | &nbsp;&nbsp;10.875% due 1/15/32<sup>(a)</sup> | 918106 |
| 150000 | &nbsp;&nbsp;9.750% due 1/15/34<sup>(a)</sup> | 159522 |
| 500000 | Ciena Corp., Company Guaranteed Notes, 4.000% due 1/31/30<sup>(a)</sup> | 482113 |
| 250000 | Clearway Energy Operating LLC, Company Guaranteed Notes, 4.750% due 3/15/28<sup>(a)</sup> | 249940 |
| 1650000 | Coinbase Global Inc., Company Guaranteed Notes, 3.625% due 10/1/31<sup>(a)</sup> | 1466857 |
| 1450000 | CommScope LLC, Senior Secured Notes, 9.500% due 12/15/31<sup>(a)</sup> | 1470967 |
| 6433314 | Compass Group Diversified Holdings LLC, Company Guaranteed Notes, 5.250% due 4/15/29<sup>(a)</sup> | 6011213 |
| 1700000 | Compass Minerals International Inc., Senior Unsecured Notes, 8.000% due 7/1/30<sup>(a)</sup> | 1769793 |
| 350000 | Comstock Resources Inc., Company Guaranteed Notes, 5.875% due 1/15/30<sup>(a)</sup> | 340060 |
| 1300000 | CoreCivic Inc., Company Guaranteed Notes, 8.250% due 4/15/29 | 1369580 |
| 186000 | CPI CG Inc., Senior Secured Notes, 10.000% due 7/15/29<sup>(a)</sup> | 195393 |
| 6101000 | Crocs Inc., Company Guaranteed Notes, 4.125% due 8/15/31<sup>(a)(f)</sup> | 5624460 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Global Fixed Income Opportunities Fund (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** | **United States - (continued)** |  |
| 1600000 |  | CVR Energy Inc., Company Guaranteed Notes, 5.750% due 2/15/28<sup>(a)</sup> | $1577108 |
| 150000 |  | DaVita Inc., Company Guaranteed Notes, 6.875% due 9/1/32<sup>(a)</sup> | 156079 |
| 469000 |  | DBR Land Holdings LLC, Company Guaranteed Notes, 6.250% due 12/1/30<sup>(a)</sup> | 475008 |
|  |  | Delek Logistics Partners LP/Delek Logistics Finance Corp., Company Guaranteed Notes: |  |
| 250000 |  | &nbsp;&nbsp;8.625% due 3/15/29<sup>(a)</sup> | 262039 |
| 1600000 |  | &nbsp;&nbsp;7.375% due 6/30/33<sup>(a)</sup> | 1639150 |
| 400000 |  | Deluxe Corp., Senior Secured Notes, 8.125% due 9/15/29<sup>(a)</sup> | 421343 |
| 450000 |  | Directv Financing LLC, Senior Secured Notes, 8.875% due 2/1/30<sup>(a)</sup> | 446763 |
| 779000 |  | Directv Financing LLC/Directv Financing Co.-Obligor Inc., Senior Secured Notes, 5.875% due 8/15/27<sup>(a)</sup> | 779230 |
| 150000 |  | Discovery Communications LLC, Company Guaranteed Notes, 3.625% due 5/15/30 | 139125 |
| 1125000 |  | Diversified Gas & Oil Corp., Senior Secured Notes, 9.750% due 4/9/29 | 1102419 |
| 250000 |  | DT Midstream Inc., Company Guaranteed Notes, 4.375% due 6/15/31<sup>(a)</sup> | 244523 |
| 100000 |  | EnerSys, Company Guaranteed Notes, 6.625% due 1/15/32<sup>(a)</sup> | 103922 |
|  |  | Enova International Inc., Company Guaranteed Notes: |  |
| 1250000 |  | &nbsp;&nbsp;11.250% due 12/15/28<sup>(a)</sup> | 1331237 |
| 450000 |  | &nbsp;&nbsp;9.125% due 8/1/29<sup>(a)</sup> | 475380 |
| 200000 |  | Esab Corp., Company Guaranteed Notes, 6.250% due 4/15/29<sup>(a)</sup> | 206039 |
| 568000 | <sup>EUR</sup> | Euronet Worldwide Inc., Senior Unsecured Notes, 1.375% due 5/22/26 | 654666 |
| 618000 |  | EZCORP Inc., Company Guaranteed Notes, 7.375% due 4/1/32<sup>(a)</sup> | 647883 |
| 50000 |  | Ferrellgas LP/Ferrellgas Finance Corp., Company Guaranteed Notes, 9.250% due 1/15/31<sup>(a)</sup> | 50499 |
| 1388000 |  | Five Point Operating Co. LP, Company Guaranteed Notes, 8.000% due 10/1/30<sup>(a)</sup> | 1449105 |
| 10650000 |  | Forum Energy Technologies Inc., Senior Secured Notes, 10.500% due 11/7/29 | 10969500 |
| 200000 |  | Garrett Motion Holdings Inc./Garrett LX I SARL, Company Guaranteed Notes, 7.750% due 5/31/32<sup>(a)</sup> | 211320 |
| 1000000 |  | Genesis Energy LP/Genesis Energy Finance Corp., Company Guaranteed Notes, 8.000% due 5/15/33 | 1031657 |
|  |  | Genworth Holdings Inc., Company Guaranteed Notes: |  |
| 911000 |  | &nbsp;&nbsp;6.500% due 6/15/34 | 921350 |
| 1080000 |  | &nbsp;&nbsp;6.116% (3-Month TSFR + 2.264%) due 11/15/36<sup>(b)</sup> | 904214 |
| 1250000 |  | GEO Group Inc., Company Guaranteed Notes, 10.250% due 4/15/31 | 1371622 |
| 150000 |  | GEO Group Inc., Senior Secured Notes, 8.625% due 4/15/29 | 158062 |
| 3262000 |  | Getty Images Inc., Company Guaranteed Notes, 14.000% due 3/1/28<sup>(a)</sup> | 3098900 |
| 4148000 |  | Getty Images Inc., Senior Secured Notes, 11.250% due 2/21/30<sup>(a)</sup> | 3982261 |
| 250000 |  | Global Atlantic Finance Co., Company Guaranteed Notes, 7.950% (5-Year CMT Index + 3.608%) due 10/15/54<sup>(a)(b)</sup> | 257841 |
| 6933460 |  | GrubHub Holdings Inc., Senior Secured Notes, 13.000% due 7/31/30<sup>(a)(d)(f)</sup> | 5881693 |
| 50000 |  | HA Sustainable Infrastructure Capital Inc., Company Guaranteed Notes, 6.375% due 7/1/34 | 51061 |
| 939000 |  | Harrow Inc., Company Guaranteed Notes, 8.625% due 9/15/30<sup>(a)</sup> | 985070 |
| 2055000 |  | Hawaii Electric Light Co., Inc., 3.280% due 12/30/40<sup>(e)(g)</sup> | 1243275 |
| 1450000 |  | HLF Financing SARL LLC/Herbalife International Inc., Senior Secured Notes, 12.250% due 4/15/29<sup>(a)</sup> | 1562287 |
|  |  | Howard Hughes Corp., Company Guaranteed Notes: |  |
| 600000 |  | &nbsp;&nbsp;4.125% due 2/1/29<sup>(a)</sup> | 582459 |
| 1250000 |  | &nbsp;&nbsp;4.375% due 2/1/31<sup>(a)</sup> | 1194209 |
|  |  | Icahn Enterprises LP/Icahn Enterprises Finance Corp., Senior Secured Notes: |  |
| 857000 |  | &nbsp;&nbsp;6.250% due 5/15/26 | 856180 |
| 1469000 |  | &nbsp;&nbsp;10.000% due 11/15/29<sup>(a)</sup> | 1477262 |
| 5157000 |  | Imola Merger Corp., Senior Secured Notes, 4.750% due 5/15/29<sup>(a)</sup> | 5093808 |
| 950000 |  | Iron Mountain Inc., Company Guaranteed Notes, 4.500% due 2/15/31<sup>(a)</sup> | 908624 |
| 150000 |  | Iron Mountain Information Management Services Inc., Company Guaranteed Notes, 5.000% due 7/15/32<sup>(a)</sup> | 144387 |
|  |  | Jane Street Group/JSG Finance Inc., Senior Secured Notes: |  |
| 3297000 |  | &nbsp;&nbsp;6.125% due 11/1/32<sup>(a)</sup> | 3353992 |
| 354000 |  | &nbsp;&nbsp;6.750% due 5/1/33<sup>(a)</sup> | 370241 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)**

**Destinations Global Fixed Income Opportunities Fund (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** | **United States - (continued)** |  |
| 1900000 |  | Jefferies Finance LLC/JFIN Co.-Issuer Corp., Senior Unsecured Notes, 5.000% due 8/15/28<sup>(a)</sup> | $1804747 |
|  |  | Jefferson Capital Holdings LLC, Company Guaranteed Notes: |  |
| 23000 |  | &nbsp;&nbsp;9.500% due 2/15/29<sup>(a)</sup> | 24284 |
| 403000 |  | &nbsp;&nbsp;8.250% due 5/15/30<sup>(a)</sup> | 421597 |
| 500000 |  | Karoon USA Finance Inc., Senior Secured Notes, 10.500% due 5/14/29<sup>(a)</sup> | 515767 |
| 800000 |  | Kinetik Holdings LP, Senior Unsecured Notes, 6.625% due 12/15/28<sup>(a)</sup> | 822987 |
| 150000 |  | Knife River Corp., Company Guaranteed Notes, 7.750% due 5/1/31<sup>(a)</sup> | 157760 |
| 550000 |  | Kodiak Gas Services LLC, Company Guaranteed Notes, 7.250% due 2/15/29<sup>(a)</sup> | 573437 |
| 1250000 |  | Kohl's Corp., Senior Unsecured Notes, 5.125% due 5/1/31 | 1073572 |
| 100000 |  | Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., Company Guaranteed Notes, 4.250% due 2/1/27<sup>(a)</sup> | 99049 |
| 600000 |  | Lamar Media Corp., Company Guaranteed Notes, 3.750% due 2/15/28 | 588124 |
| 5918000 |  | Leafly Holdings Inc., Senior Unsecured Notes, 8.000% due 7/1/25<sup>@(e)(g)</sup> | 5030300 |
| 150000 |  | LSB Industries Inc., Senior Secured Notes, 6.250% due 10/15/28<sup>(a)</sup> | 149249 |
| 200000 |  | M/I Homes Inc., Company Guaranteed Notes, 4.950% due 2/1/28 | 199444 |
|  |  | Macy's Retail Holdings LLC, Company Guaranteed Notes: |  |
| 600000 |  | &nbsp;&nbsp;7.375% due 8/1/33<sup>(a)</sup> | 631306 |
| 850000 |  | &nbsp;&nbsp;5.125% due 1/15/42 | 700022 |
| 250000 |  | Manitowoc Co., Inc., Secured Notes, 9.250% due 10/1/31<sup>(a)</sup> | 265628 |
| 400000 |  | Match Group Holdings II LLC, Senior Unsecured Notes, 5.625% due 2/15/29<sup>(a)</sup> | 401494 |
| 400000 |  | Midcap Financial Issuer Trust, Senior Unsecured Notes, 6.500% due 5/1/28<sup>(a)</sup> | 393898 |
|  |  | Molina Healthcare Inc., Senior Unsecured Notes: |  |
| 600000 |  | &nbsp;&nbsp;4.375% due 6/15/28<sup>(a)</sup> | 583926 |
| 50000 |  | &nbsp;&nbsp;6.250% due 1/15/33<sup>(a)</sup> | 50113 |
| 750000 |  | Moog Inc., Company Guaranteed Notes, 4.250% due 12/15/27<sup>(a)</sup> | 745704 |
| 750000 |  | Moss Creek Resources Holdings Inc., Senior Unsecured Notes, 8.250% due 9/1/31<sup>(a)</sup> | 719301 |
| 3990000 | <sup>GBP</sup> | MPT Operating Partnership LP/MPT Finance Corp., Company Guaranteed Notes, 3.692% due 6/5/28 | 4447756 |
| 156000 | <sup>EUR</sup> | MPT Operating Partnership LP/MPT Finance Corp., Senior Secured Notes, 7.000% due 2/15/32<sup>(a)</sup> | 187920 |
| 100000 |  | Nabors Industries Inc., Company Guaranteed Notes, 9.125% due 1/31/30<sup>(a)</sup> | 104844 |
| 241000 |  | Nassau Cos. of New York, Senior Unsecured Notes, 7.875% due 7/15/30<sup>(a)</sup> | 234820 |
| 500000 |  | NBM US Holdings Inc., Company Guaranteed Notes, 6.625% due 8/6/29 | 504665 |
| 1150000 |  | NCR Atleos Corp., Senior Secured Notes, 9.500% due 4/1/29<sup>(a)</sup> | 1242941 |
| 400000 |  | New Flyer Holdings Inc., Secured Notes, 9.250% due 7/1/30<sup>(a)</sup> | 428407 |
| 1150000 |  | NGL Energy Operating LLC/NGL Energy Finance Corp., Senior Secured Notes, 8.375% due 2/15/32<sup>(a)</sup> | 1192218 |
|  |  | Nordstrom Inc., Senior Secured Notes: |  |
| 450000 |  | &nbsp;&nbsp;4.375% due 4/1/30 | 422993 |
| 100000 |  | &nbsp;&nbsp;4.250% due 8/1/31 | 91751 |
| 1850000 |  | &nbsp;&nbsp;5.000% due 1/15/44 | 1391966 |
| 723000 |  | Northern Oil & Gas Inc., Senior Unsecured Notes, 7.875% due 10/15/33<sup>(a)</sup> | 703624 |
|  |  | Novelis Corp., Company Guaranteed Notes: |  |
| 700000 |  | &nbsp;&nbsp;4.750% due 1/30/30<sup>(a)</sup> | 673472 |
| 1000000 |  | &nbsp;&nbsp;3.875% due 8/15/31<sup>(a)</sup> | 912301 |
| 100000 |  | NuStar Logistics LP, Company Guaranteed Notes, 5.625% due 4/28/27 | 101022 |
| 450000 |  | Oceaneering International Inc., Senior Unsecured Notes, 6.000% due 2/1/28 | 456899 |
|  |  | OneMain Finance Corp., Company Guaranteed Notes: |  |
| 150000 |  | &nbsp;&nbsp;5.375% due 11/15/29 | 149510 |
| 50000 |  | &nbsp;&nbsp;7.875% due 3/15/30 | 52921 |
| 300000 |  | &nbsp;&nbsp;6.750% due 3/15/32 | 306611 |
| 250000 |  | &nbsp;&nbsp;7.125% due 9/15/32 | 258917 |
| 700000 |  | PacifiCorp, Junior Subordinated Notes, 7.375% (5-Year CMT Index + 3.319%) due 9/15/55<sup>(b)</sup> | 711789 |
| 1400000 |  | Pagaya US Holdings Co. LLC, Company Guaranteed Notes, 8.875% due 8/1/30<sup>(a)</sup> | 1260985 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** |  |
| 2498000 | Paradigm Parent LLC & Paradigm Parent CO-Issuer Inc., Senior Secured Notes, 8.750% due 4/17/32<sup>(a)</sup> | $2365931 |
| 950000 | PBF Holding Co. LLC/PBF Finance Corp., Company Guaranteed Notes, 9.875% due 3/15/30<sup>(a)</sup> | 998633 |
| 150000 | Pediatrix Medical Group Inc., Company Guaranteed Notes, 5.375% due 2/15/30<sup>(a)</sup> | 150425 |
| 300000 | PennyMac Financial Services Inc., Company Guaranteed Notes, 6.750% due 2/15/34<sup>(a)</sup> | 309128 |
| 200000 | Phinia Inc., Senior Secured Notes, 6.750% due 4/15/29<sup>(a)</sup> | 206399 |
| 4826000 | Prime Healthcare Services Inc., Senior Secured Notes, 9.375% due 9/1/29<sup>(a)</sup> | 5116525 |
| 750000 | Rain Carbon Inc., Senior Secured Notes, 12.250% due 9/1/29<sup>(a)</sup> | 773915 |
| 550000 | Rand Parent LLC, Senior Secured Notes, 8.500% due 2/15/30<sup>(a)</sup> | 567543 |
|  | Resorts World Las Vegas LLC/RWLV Capital Inc., Company Guaranteed Notes: |  |
| 400000 | &nbsp;&nbsp;4.625% due 4/16/29<sup>(a)</sup> | 352290 |
| 1200000 | &nbsp;&nbsp;8.450% due 7/27/30<sup>(a)</sup> | 1184955 |
|  | Rithm Capital Corp., Senior Unsecured Notes: |  |
| 1400000 | &nbsp;&nbsp;8.000% due 4/1/29<sup>(a)</sup> | 1430302 |
| 300000 | &nbsp;&nbsp;8.000% due 7/15/30<sup>(a)</sup> | 305780 |
| 737000 | RR Donnelley & Sons Co., Secured Notes, 10.875% due 8/1/29<sup>(a)</sup> | 743581 |
| 974000 | RR Donnelley & Sons Co., Senior Secured Notes, 9.500% due 8/1/29<sup>(a)</sup> | 1001291 |
| 891000 | Sabre Financial Borrower LLC, Senior Secured Notes, 11.125% due 6/15/29<sup>(a)</sup> | 910103 |
| 597000 | Sabre GLBL Inc., Senior Secured Notes, 11.125% due 7/15/30<sup>(a)</sup> | 516369 |
| 100000 | Sealed Air Corp./Sealed Air Corp. US, Company Guaranteed Notes, 6.125% due 2/1/28<sup>(a)</sup> | 101688 |
| 1432000 | SierraCol Energy Andina LLC/SierraCol Energy Arauca/Colombia Energy Development, Company Guaranteed Notes, 9.000% due 11/14/30<sup>(a)</sup> | 1405150 |
| 250000 | Sirius XM Radio LLC, Company Guaranteed Notes, 4.000% due 7/15/28<sup>(a)</sup> | 243708 |
| 1450000 | Sotheby's, Senior Secured Notes, 7.375% due 10/15/27<sup>(a)</sup> | 1443605 |
| 50000 | Spirit AeroSystems Inc., Senior Secured Notes, 9.375% due 11/30/29<sup>(a)</sup> | 52509 |
| 2791000 | Stonex Escrow Issuer LLC, Secured Notes, 6.875% due 7/15/32<sup>(a)</sup> | 2888975 |
| 200000 | StoneX Group Inc., Secured Notes, 7.875% due 3/1/31<sup>(a)</sup> | 211834 |
| 4518000 | Summit Midstream Holdings LLC, Senior Secured Notes, 8.625% due 10/31/29<sup>(a)</sup> | 4662065 |
| 1900000 | SunCoke Energy Inc., Senior Secured Notes, 4.875% due 6/30/29<sup>(a)</sup> | 1738398 |
| 1250000 | Synchrony Financial, Subordinated Notes, 7.250% due 2/2/33 | 1339172 |
| 350000 | Taylor Morrison Communities Inc., Company Guaranteed Notes, 5.750% due 1/15/28<sup>(a)</sup> | 357541 |
| 350000 | TEGNA Inc., Company Guaranteed Notes, 4.625% due 3/15/28 | 345772 |
| 50000 | TerraForm Power Operating LLC, Company Guaranteed Notes, 4.750% due 1/15/30<sup>(a)</sup> | 48068 |
| 500000 | Tidewater Inc., Company Guaranteed Notes, 9.125% due 7/15/30<sup>(a)</sup> | 534553 |
| 50000 | TransDigm Inc., Senior Secured Notes, 6.375% due 3/1/29<sup>(a)</sup> | 51498 |
|  | Travel + Leisure Co., Senior Secured Notes: |  |
| 500000 | &nbsp;&nbsp;6.000% due 4/1/27 | 507761 |
| 150000 | &nbsp;&nbsp;4.625% due 3/1/30<sup>(a)</sup> | 146066 |
| 50000 | TriMas Corp., Company Guaranteed Notes, 4.125% due 4/15/29<sup>(a)</sup> | 49062 |
| 113000 | Tronox Inc., Company Guaranteed Notes, 4.625% due 3/15/29<sup>(a)</sup> | 72992 |
| 350000 | TTM Technologies Inc., Company Guaranteed Notes, 4.000% due 3/1/29<sup>(a)</sup> | 338996 |
| 1700000 | Turning Point Brands Inc., Senior Secured Notes, 7.625% due 3/15/32<sup>(a)</sup> | 1811025 |
| 2916000 | Uber Technologies Inc., Company Guaranteed Notes, 4.500% due 8/15/29<sup>(a)</sup> | 2913651 |
| 942000 | Unisys Corp., Senior Secured Notes, 10.625% due 1/15/31<sup>(a)</sup> | 951506 |
| 50000 | United Rentals North America Inc., Company Guaranteed Notes, 4.875% due 1/15/28 | 49993 |
| 650000 | Univision Communications Inc., Senior Secured Notes, 8.500% due 7/31/31<sup>(a)</sup> | 672422 |
| 100000 | Viavi Solutions Inc., Company Guaranteed Notes, 3.750% due 10/1/29<sup>(a)</sup> | 95189 |
| 3576000 | Viking Baked Goods Acquisition Corp., Senior Secured Notes, 8.625% due 11/1/31<sup>(a)</sup> | 3613062 |
| 1200000 | Vornado Realty LP, Senior Unsecured Notes, 3.400% due 6/1/31 | 1085478 |
| 845000 | Voyager Parent LLC, Senior Secured Notes, 9.250% due 7/1/32<sup>(a)</sup> | 895408 |
|  | Warnermedia Holdings Inc., Company Guaranteed Notes: |  |
| 1850000 | &nbsp;&nbsp;4.279% due 3/15/32 | 1690438 |
| 1450000 | &nbsp;&nbsp;5.141% due 3/15/52 | 1084600 |
| 500000 | Wayfair LLC, Senior Secured Notes, 7.750% due 9/15/30<sup>(a)</sup> | 532888 |
| 2133000 | Western Digital Corp., Senior Secured Notes, 3.100% due 2/1/32 | 1950622 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units†** | **Security** | **Value** |
| **CORPORATE BONDS & NOTES - (continued)** | **CORPORATE BONDS & NOTES - (continued)** |  |
| **United States - (continued)** | **United States - (continued)** |  |
| 1200000 | Whirlpool Corp., Senior Unsecured Notes, 5.500% due 3/1/33 | $1147032 |
| 1000000 | Wipro IT Services LLC, Company Guaranteed Notes, 1.500% due 6/23/26 | 984576 |
| 1700000 | WULF Compute LLC, Senior Secured Notes, 7.750% due 10/15/30<sup>(a)</sup> | 1757665 |
| 350000 | Wyndham Hotels & Resorts Inc., Company Guaranteed Notes, 4.375% due 8/15/28<sup>(a)</sup> | 344456 |
|  | XPLR Infrastructure Operating Partners LP, Company Guaranteed Notes: |  |
| 1050000 | &nbsp;&nbsp;4.500% due 9/15/27<sup>(a)</sup> | 1031607 |
| 100000 | &nbsp;&nbsp;8.375% due 1/15/31<sup>(a)</sup> | 104791 |
| 100000 | &nbsp;&nbsp;8.625% due 3/15/33<sup>(a)</sup> | 104558 |
| 850000 | XPLR Infrastructure Operating Partners LP, Senior Unsecured Notes, 7.250% due 1/15/29<sup>(a)</sup> | 871106 |
| 5394000 | XPO Inc., Senior Secured Notes, 6.250% due 6/1/28<sup>(a)</sup> | 5504275 |
| 500000 | ZF North America Capital Inc., Company Guaranteed Notes, 6.875% due 4/14/28<sup>(a)</sup> | 510312 |
| 5373000 | Ziff Davis Inc., Company Guaranteed Notes, 4.625% due 10/15/30<sup>(a)</sup> | 5095772 |
|  | Total United States | 204372596 |
|  | **TOTAL CORPORATE BONDS & NOTES** |  |
|  | (Cost - $516,690,042) | **517602892** |
| **SENIOR LOANS<sup>(b)</sup> - 6.0%** | **SENIOR LOANS<sup>(b)</sup> - 6.0%** |  |
| **United States - 6.0%** | **United States - 6.0%** |  |
| 4549133 | Audacy Capital LLC, 10.030% (1-Month USD-SOFR + 0.600%) due 10/1/29 | 3533175 |
| 5433528 | Bally's Corp., 7.369% (3-Month USD-SOFR + 0.325%) due 10/2/28 | 4934350 |
| 3264333 | Charter Communications Operating LLC, 6.235% (3-Month USD-SOFR + 0.225%) due 12/15/31 | 3255258 |
| 7503515 | CMG Media Corp., 7.602% (3-Month USD-SOFR + 0.350%) due 6/18/29 | 6843206 |
|  | Container Store Inc.: |  |
| 778314 | &nbsp;&nbsp;4.916% (1-Month USD-SOFR + 0.550%) due 4/30/29<sup>@</sup> | 778314 |
| 1526362 | &nbsp;&nbsp;4.916% (1-Month USD-SOFR + 0.550%) due 7/30/29<sup>@</sup> | 1343198 |
| 178857 | &nbsp;&nbsp;5.197% (6-Month USD-SOFR + 0.400%) due 7/30/29<sup>@</sup> | 89428 |
| 329937 | Elevate Textiles Inc., 12.635% (3-Month USD-SOFR + 0.850%) due 9/30/27 | 330349 |
| 5704738 | Fiserv Investment Solutions Inc., 7.889% (3-Month USD-SOFR + 0.400%) due 2/18/27 | 5627724 |
| 8015325 | Inotiv Inc., 10.893% (3-Month USD-SOFR + 0.650%) due 11/5/26<sup>@</sup> | 6559181 |
| 2567365 | Magnite Inc., 6.916% (1-Month USD-SOFR + 0.300%) due 2/6/31 | 2560947 |
|  | Mountaineer Merger Corp.: |  |
| 149553 | &nbsp;&nbsp;4.916% (1-Month USD-SOFR + 0.700%) due 6/14/30<sup>(g)</sup> | 149553 |
| 242400 | &nbsp;&nbsp;11.949% (1-Month USD-SOFR + 0.800%) due 6/14/30<sup>(g)</sup> | 242400 |
| 6536155 | TPC Group Inc., 9.773% (3-Month USD-SOFR + 0.575%) due 12/16/31 | 5675539 |
|  | Total United States | 41922622 |
|  | **TOTAL SENIOR LOANS** |  |
|  | (Cost - $45,089,077) | **41922622** |
| **SOVEREIGN BONDS - 1.3%** | **SOVEREIGN BONDS - 1.3%** |  |
| **Brazil - 0.1%** |  |  |
| 700000 | Brazilian Government International Bond, 4.750% due 1/14/50 | 517650 |
| **Dominican Republic - 0.3%** | **Dominican Republic - 0.3%** |  |
|  | Dominican Republic International Bond: |  |
| 500000 | &nbsp;&nbsp;5.950% due 1/25/27 | 505125 |
| 1200000 | &nbsp;&nbsp;5.500% due 2/22/29 | 1213080 |
| 200000 | &nbsp;&nbsp;4.500% due 1/30/30 | 194000 |
|  | Total Dominican Republic | 1912205 |
| **Guatemala - 0.2%** | **Guatemala - 0.2%** |  |
| 1800000 | Guatemala Government Bond, 5.250% due 8/10/29 | 1809900 |
| **Mexico - 0.1%** |  |  |
| 450000 | Mexico Government International Bond, 4.500% due 4/22/29 | 451530 |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units†** | | **Security** | **Value** |
| **SOVEREIGN BONDS - (continued)** | **SOVEREIGN BONDS - (continued)** | **SOVEREIGN BONDS - (continued)** |  |
| **Morocco - 0.1%** | **Morocco - 0.1%** | **Morocco - 0.1%** |  |
|  |  | Morocco Government International Bond: |  |
| 800000 |  | &nbsp;&nbsp;2.375% due 12/15/27 | $766430 |
| 500000 |  | &nbsp;&nbsp;4.000% due 12/15/50 | 364699 |
|  |  | Total Morocco | 1131129 |
| **Paraguay - 0.2%** | **Paraguay - 0.2%** |  |  |
| 1400000 |  | Paraguay Government International Bond, 4.700% due 3/27/27 | 1403559 |
| **Romania - 0.3%** | **Romania - 0.3%** |  |  |
| 1724000 | <sup>EUR</sup> | Romanian Government International Bond, 6.750% due 7/11/39<sup>(a)</sup> | 2096911 |
|  |  | **TOTAL SOVEREIGN BONDS** |  |
|  |  | (Cost - $9,188,564) | **9322884** |
| **ASSET-BACKED SECURITIES - 0.9%** | **ASSET-BACKED SECURITIES - 0.9%** | **ASSET-BACKED SECURITIES - 0.9%** |  |
| **Real Estate - 0.9%** | **Real Estate - 0.9%** |  |  |
|  |  | Vivion Investments SARL: |  |
| 4221224 | <sup>EUR</sup> | &nbsp;&nbsp;8.250% due 8/31/28<sup>(d)</sup> | 4901353 |
| 1213634 | <sup>EUR</sup> | &nbsp;&nbsp;6.500% due 2/28/29<sup>(d)</sup> | 1403216 |
|  |  | Total Real Estate | 6304569 |
|  |  | **TOTAL ASSET-BACKED SECURITIES** |  |
|  |  | (Cost - $5,732,953) | **6304569** |
| **U.S. GOVERNMENT AGENCY & OBLIGATION - 0.7%** | **U.S. GOVERNMENT AGENCY & OBLIGATION - 0.7%** | **U.S. GOVERNMENT AGENCY & OBLIGATION - 0.7%** |  |
| **U.S. GOVERNMENT OBLIGATION - 0.7%** | **U.S. GOVERNMENT OBLIGATION - 0.7%** | **U.S. GOVERNMENT OBLIGATION - 0.7%** |  |
| 4910978 |  | U.S. Treasury Inflation Indexed Notes, 1.875% due 7/15/35 |  |
|  |  | (Cost - $5,044,451) | 4955250 |
| **Shares/Units** |  |  |  |
| **EXCHANGE TRADED FUND (ETF) - 2.0%** | **EXCHANGE TRADED FUND (ETF) - 2.0%** | **EXCHANGE TRADED FUND (ETF) - 2.0%** |  |
| **United States - 2.0%** | **United States - 2.0%** |  |  |
| 368652 |  | Xtrackers USD High Yield Corporate Bond |  |
|  |  | (Cost - $13,286,460) | 13647497 |
| **COMMON STOCKS - 1.8%** | **COMMON STOCKS - 1.8%** | **COMMON STOCKS - 1.8%** |  |
| **Australia - 0.0%** | **Australia - 0.0%** |  |  |
| 10209 |  | Champion Iron Ltd., Class Common S Shares | 38118 |
| **Canada - 0.0%** |  |  |  |
| 4725534 |  | Cannabist Co. Holdings Inc.<sup>\*(e)</sup> | – |
| **Mexico - 0.1%** |  |  |  |
| 59000 |  | Globa Terra Acquisition Corp., Class A Shares<sup>\*</sup> | 592950 |
| **United States - 1.7%** | **United States - 1.7%** | **United States - 1.7%** |  |
| 15560 |  | Alpha Partners Technology<sup>\*(e)(g)</sup> |  |
| 14584 |  | CTO Realty Growth Inc. | 263679 |
| 21859 |  | Euronet Worldwide Inc.<sup>\*</sup> | 1619533 |
| 100510 |  | GCI Liberty Inc., Class C Shares<sup>\*</sup> | 3348993 |
| 18843 |  | Ingram Micro Holding Corp. | 403429 |
| 4821523 |  | Mountaineer Merger Corp.<sup>\*(e)</sup> |  |
| 2735078 |  | Prosomnus Sleep Technologies Inc.<sup>\*@(e)(g)</sup> | 2735078 |
| 57 |  | Real Alloy Holding Inc.<sup>\*(e)(g)</sup> | 3650560 |
| 238311 |  | UpHealth Inc.<sup>\*@(e)(g)</sup> | – |
|  |  | Total United States | 12021272 |
|  |  | **TOTAL COMMON STOCKS** |  |
|  |  | (Cost - $13,625,077) | **12652340** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **<br>Shares/Units** | | **Security** | **Value** |
| **PREFERRED STOCKS - 1.1%** | **PREFERRED STOCKS - 1.1%** | **PREFERRED STOCKS - 1.1%** |  |
| **United States - 1.1%** | **United States - 1.1%** | **United States - 1.1%** |  |
| 71733 |  | CTO Realty Growth Inc., 6.375%<sup>(c)</sup> | $1523430 |
| 4821523 |  | Mountaineer Merger Corp., 0.000%<sup>\*(e)</sup> | 640162 |
| 196289 |  | NGL Energy Partners LP, 11.267% (3-Month TSFR + 7.475%)<sup>(b)(c)</sup> | 4573534 |
| 43599 |  | Saratoga Investment Corp., 6.000% | 1079075 |
|  |  | Total United States | 7816201 |
|  |  | **TOTAL PREFERRED STOCKS** |  |
|  |  | (Cost - $11,217,288) | **7816201** |
| **RIGHT - 0.0%** | **RIGHT - 0.0%** |  |  |
| **United States - 0.0%** | **United States - 0.0%** | **United States - 0.0%** |  |
| 38937 |  | GCI Liberty Inc., Class R Shares<sup>\*(e)</sup> |  |
|  |  | (Cost - $0) | 241409 |
| **WARRANTS – 0.0%** | **WARRANTS – 0.0%** |  |  |
| **United States - 0.0%** | **United States - 0.0%** | **United States - 0.0%** |  |
| 36249 |  | Leafly Holdings Inc.<sup>\*@(e)(g)</sup> |  |
| 1061473 |  | Mcdermott International Ltd.<sup>\*(e)(g)</sup> | – |
|  |  | Total United States | – |
|  |  | **TOTAL WARRANTS** |  |
|  |  | (Cost - $362,512) | **–** |
|  |  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  |  | (Cost - $620,236,424) | **614465664** |
| **Face Amount†** |  |  |  |
| **SHORT-TERM INVESTMENTS - 11.6%** | **SHORT-TERM INVESTMENTS - 11.6%** | **SHORT-TERM INVESTMENTS - 11.6%** |  |
| **COMMERCIAL PAPERS - 4.5%** | **COMMERCIAL PAPERS - 4.5%** | **COMMERCIAL PAPERS - 4.5%** |  |
| 4855000 |  | Bacardi-Martini BV, 4.375% due 12/30/25<sup>(a)(j)</sup> | 4836141 |
| 4252000 |  | Conagra Brands Inc., 4.316% due 12/15/25<sup>(a)(j)</sup> | 4243431 |
| 4405000 |  | Genuine Parts Co., 4.415% due 12/11/25<sup>(a)(j)</sup> | 4398538 |
| 5100000 |  | HCA Inc., 4.304% due 1/13/26<sup>(a)(j)</sup> | 5071813 |
| 5255000 |  | Keurig Dr Pepper Inc., 4.297% due 1/16/26<sup>(a)(j)</sup> | 5225817 |
| 3855000 |  | National Fuel Gas Co., 4.261% due 12/9/25<sup>(j)</sup> | 3849868 |
| 3945000 |  | Stanley Black & Decker Inc., 4.248% due 12/4/25<sup>(a)(j)</sup> | 3942286 |
|  |  | **TOTAL COMMERCIAL PAPERS** |  |
|  |  | (Cost - $31,577,717) | **31567894** |
| **CORPORATE NOTES - 0.3%** | **CORPORATE NOTES - 0.3%** | **CORPORATE NOTES - 0.3%** |  |
| 2484031 |  | Go North Group AB, 31.486% due 3/17/26<sup>(e)(g)(j)</sup> | 2389637 |
| 2165123 |  | Tacora Resources Inc., 13.000% due 11/3/23<sup>(a)(e)(g)</sup> | – |
|  |  | **TOTAL CORPORATE NOTES** |  |
|  |  | (Cost - $4,491,997) | **2389637** |
| **TIME DEPOSITS - 4.8%** | **TIME DEPOSITS - 4.8%** | **TIME DEPOSITS - 4.8%** |  |
|  |  | Brown Brothers Harriman - Grand Cayman: |  |
| 251327 | <sup>SEK</sup> | &nbsp;&nbsp;0.660% due 12/1/25 | 26602 |
| 1369 | <sup>NOK</sup> | &nbsp;&nbsp;2.720% due 12/1/25 | 135 |
|  |  | Citibank - London: |  |
| 2893285 | <sup>EUR</sup> | &nbsp;&nbsp;0.880% due 12/1/25 | 3355198 |
| 18787 | <sup>GBP</sup> | &nbsp;&nbsp;2.910% due 12/1/25 | 24860 |
| 26154407 |  | Citibank - New York, 3.220% due 12/1/25 | 26154407 |
| 481841 |  | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 481841 |
| 3590883 |  | Skandinaviska Enskilda Banken AB - Stockholm, 3.220% due 12/1/25 | 3590883 |
|  |  | **TOTAL TIME DEPOSITS** |  |
|  |  | (Cost - $33,633,926) | **33633926** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount†** | **Security** | **Value** |
| **U.S. GOVERNMENT OBLIGATIONS - 2.0%** | **U.S. GOVERNMENT OBLIGATIONS - 2.0%** |  |
|  | U.S. Treasury Bills: |  |
| 6400000 | &nbsp;&nbsp;3.864% due 12/4/25<sup>(j)</sup> | $6397947 |
| 7500000 | &nbsp;&nbsp;3.776% due 1/8/26<sup>(j)</sup> | 7470285 |
|  | **TOTAL U.S. GOVERNMENT OBLIGATIONS** |  |
|  | (Cost - $13,868,232) | **13868232** |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $83,571,872) | **81459689** |
| **Shares/Units** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.1%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.1%** |  |
| **MONEY MARKET FUND - 1.1%** | **MONEY MARKET FUND - 1.1%** |  |
| 7867613 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(k)</sup> |  |
|  | (Cost - $7,867,613) | 7867613 |
|  | **TOTAL INVESTMENTS - 100.1%** |  |
|  | (Cost - $711,675,909) | **703792966** |
|  | Liabilities in Excess of Other Assets – (0.1)% | (642529) |
|  | **TOTAL NET ASSETS - 100.0%** | $**703150437** |

---

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $276,282,946 and represents 39.29% of net assets. |
| (b) | Variable rate security. Interest rate disclosed is that which was in effect at November 30, 2025. |
| (c) | Security is perpetual in nature and has no stated maturity date. |
| (d) | Payment in-kind security for which part of the income earned may be paid as additional principal. At the option of the issuer. |
| (e) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $17,340,168 and represents 2.47% of net assets. |
| (f) | All or a portion of this security is on loan. |
| (g) | Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs. |
| (h) | Security is currently in default. |
| (i) | Affiliated security. |
| (j) | Rate shown represents yield-to-maturity. |
| (k) | Represents investment of collateral received from securities lending transactions. |
| @ | Restricted security – Investment in security not registered under the Securities Act of 1933. The investment is deemed to not be liquid and may be sold only to qualified buyers.<br>|

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **First <br> Acquisition <br> Date** | **First <br> Acquisition <br> Cost** | **Market<br> Value** | **Percent of<br> Net Assets** |
| Container Store Inc.: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;4.916% (1-Month USD-SOFR + 0.550%) due 4/30/29 | 9/12/2025 | 1495828 | $778314 | 0.11% |
| &nbsp;&nbsp;&nbsp;4.916% (1-Month USD-SOFR + 0.550%) due 7/30/29 | 9/15/2025 | 1319808 | 1343198 | 0.19% |
| &nbsp;&nbsp;&nbsp;5.197% (6-Month USD-SOFR + 0.400%) due 7/30/29 | 1/28/2025 | 1052761 | 89428 | 0.01% |
| Inotiv Inc., 10.893% (3-Month USD-SOFR + 0.650%) due 11/5/26 | 9/21/2021 | 4204200 | 6559181 | 0.93% |
| Leafly Holdings Inc., Senior Unsecured Notes, 8.000% due 7/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;2/4/2022 | 7109000 | 5030300 | 0.72% |
| Prosomnus Sleep Technologies Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8/6/2024 | 4003437 | 2735078 | 0.39% |
|  |  |  | **16535499** | **2.35%** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| CMT | **—** | Constant Maturity Treasury Index |
| EURIBOR | **—** | Euro Interbank Offered Rate |
| ICE | **—** | Intercontinental Exchange |
| LLC | **—** | Limited Liability Company |
| LP | **—** | Limited Partnership |
| NIBOR | **—** | Norwegian Interbank Offered Rate |
| PLC | **—** | Public Limited Company |
| REIT | **—** | Real Estate Investment Trust |
| SARL | **—** | Société à Responsabilité Limitée |
| SOFR | **—** | Secured Overnight Financing Rate |
| STIBOR | **—** | Stockholm Interbank Offered Rate |
| TSFR | **—** | CME Term SOFR Reference Rate |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Type^** | **Summary of Investments by Security Type^** |
| Corporate Bonds & Notes | 73.5% |
| Senior Loans | 6.0 |
| Exchange Traded Fund (ETF) | 1.9 |
| Common Stocks | 1.8 |
| Sovereign Bonds | 1.3 |
| Preferred Stocks | 1.1 |
| Asset-Backed Securities | 0.9 |
| U.S. Government Agency & Obligation | 0.7 |
| Right | 0.0 \* |
| Warrants | 0.0 \* |
| Short-Term Investments | 11.7 |
| Money Market Fund | 1.1 |
|  | 100.0% |

---

---

| |
|:---|
| ^ As a percentage of total investments. |
| \* Position represents less than 0.05%. |

---

**Schedule of Options Contracts Written**

**Equity Options**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Notional<br> Amount** | **Security Name** | **Counterparty** | **Expiration<br> Date** | **Exercise <br> Rate** | **Value** |
| 146 | $1182454 | iShares iBoxx HighYield, Put | RJA | 12/19/25 | $79.00 | $(1898) |
| 8 | 64792 | iShares iBoxx HighYield, Call | RJA | 12/19/25 | 80.00 | (776) |
| 103 | 338046 | Ziff Davis Inc., Put | RJA | 12/19/25 | 30.00 | (27295) |
| 103 | 338046 | Ziff Davis Inc., Put | RJA | 12/19/25 | 35.00 | (23587) |
|  |  | **TOTAL OPTIONS CONTRACTS WRITTEN** |  |  |  |  |
|  |  | **(Premiums received — $58,581)** |  |  |  | $**(53556)** |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (continued)**

At November 30, 2025, Destinations Global Fixed Income Opportunities Fund had open forward foreign currency contracts as described below.

The unrealized appreciation/(depreciation) on the open contracts were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Foreign Currency** | **Local<br> Currency** | **Counterparty** | **Market <br> Value** | **Settlement <br> Date** | **Unrealized<br> Appreciation** | **Unrealized<br> (Depreciation)** | **Unrealized<br> Appreciation/<br> (Depreciation)** |
| **Contracts to Sell:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;British Pound | 232116 | BBH | $307149 | 12/18/25 | $– | $(3034) | $(3034) |
| &nbsp;&nbsp;British Pound | 405824 | BBH | 537008 | 12/18/25 |  | (1171) | (1171) |
| &nbsp;&nbsp;British Pound | 23915596 | BBH | 31646358 | 12/18/25 |  | (270986) | (270986) |
| &nbsp;&nbsp;Euro | 41339737 | BBH | 47983037 | 12/18/25 |  | (80327) | (80327) |
| &nbsp;&nbsp;Euro | 1294128 | BBH | 1502094 | 12/18/25 |  | (3748) | (3748) |
| &nbsp;&nbsp;Euro | 23510000 | BBH | 27330186 | 1/15/26 |  | (52121) | (52121) |
| &nbsp;&nbsp;Euro | 345000 | BBH | 401060 | 1/15/26 |  | (498) | (498) |
| &nbsp;&nbsp;Norwegian Krone | 33100000 | BBH | 3268920 | 1/15/26 | 11449 |  | 11449 |
| &nbsp;&nbsp;Swedish Krona | 16360000 | BBH | 1736324 | 1/15/26 | – | (2942) | (2942) |
| Net Unrealized Depreciation on Open Forward Foreign Currency Contracts | Net Unrealized Depreciation on Open Forward Foreign Currency Contracts | Net Unrealized Depreciation on Open Forward Foreign Currency Contracts |  |  | $11449 | $(414827) | $(403378) |

---

---

| | | |
|:---|:---|:---|
| Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: |
| EUR | **—** | Euro |
| GBP | **—** | British Pound |
| NOK | **—** | Norwegian Krone |
| SEK | **—** | Swedish Krona |

---

---

| | | |
|:---|:---|:---|
| Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: |
| BBH | **—** | Brown Brothers Harriman & Co. |
| RJA | **—** | Raymond James & Associates |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Global Fixed Income Opportunities Fund (concluded)**

---

| | | |
|:---|:---|:---|
| **Face Amount** | **Security** | **Value** |
| **SECURITIES SOLD SHORT - 0.6%** | **SECURITIES SOLD SHORT - 0.6%** |  |
| **CORPORATE BONDS & NOTES - 0.6%** | **CORPORATE BONDS & NOTES - 0.6%** |  |
| **Basic Materials - 0.1%** | **Basic Materials - 0.1%** |  |
| $583000 | &nbsp;&nbsp;Champion Iron Canada Inc., Company Guaranteed Notes, 7.875% due 7/15/32<sup>(a)</sup> | $613975 |
| **Communications - 0.2%** | **Communications - 0.2%** |  |
| 1519000 | &nbsp;&nbsp;Comcast Corp., Company Guaranteed Notes, 5.300% due 6/1/34 | 1568834 |
| **Consumer Non-cyclical - 0.3%** | **Consumer Non-cyclical - 0.3%** |  |
|  | General Mills Inc., Senior Unsecured Notes: |  |
| 304000 | &nbsp;&nbsp;4.875% due 1/30/30 | 311820 |
| 304000 | &nbsp;&nbsp;4.950% due 3/29/33 | 310015 |
| 1519000 | &nbsp;&nbsp;PepsiCo Inc., Senior Unsecured Notes, 5.000% due 2/7/35 | 1571370 |
|  | Total Consumer Non-cyclical | 4376014 |
|  | **TOTAL CORPORATE BONDS & NOTES** |  |
|  | (Proceeds - $4,276,388) | **4376014** |
| **Shares/Units** |  |  |
| **EXCHANGE TRADED FUND (ETF) - 0.3%** | **EXCHANGE TRADED FUND (ETF) - 0.3%** |  |
| 28400 | iShares iBoxx $ High Yield Corporate Bond |  |
|  | (Proceeds - $2,271,432) | 2300116 |
|  | **TOTAL SECURITIES SOLD SHORT - 0.9%** |  |
|  | (Proceeds - $6,547,820) | $**6676130** |

---

(a) Restricted security that may be repurchased from "qualified
institutional buyers" pursuant to the conditions of Rule 144Aunder the Securities Act of 1933, as amended. This security has
been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted
144A holdings at November 30, 2025, amounts to $613,975 and represents 0.09% of net assets.

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 23.6%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 23.6%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 23.6%** |
| **Mortgage Securities - 23.6%** | **Mortgage Securities - 23.6%** | **Mortgage Securities - 23.6%** |
| $875104 | Adjustable Rate Mortgage Trust, Series 2005-2, Class 6M2, 5.049% (1-Month TSFR + 1.094%) due 6/25/35<sup>(a)</sup> | $877197 |
| 344523 | Bear Stearns ALT-A Trust, Series 2006-8, Class 3A1, 4.389% (1-Month TSFR + 0.434%) due 2/25/34<sup>(a)</sup> | 328913 |
|  | Citigroup Commercial Mortgage Trust: |  |
| 5890000 | &nbsp;&nbsp;Series 2015-GC35, Class AS, 4.072% due 11/10/48<sup>(a)</sup> | 5583310 |
| 5000000 | &nbsp;&nbsp;Series 2017-P8, Class AS, 3.789% due 9/15/50<sup>(a)</sup> | 4732756 |
| 7858337 | Connecticut Avenue Securities Trust, Series 2019-HRP1, Class B1, 13.436% (SOFR30A + 9.364%) due 11/25/39<sup>(a)(b)</sup> | 8353693 |
|  | CSAIL Commercial Mortgage Trust: |  |
| 1557454 | &nbsp;&nbsp;Series 2015-C3, Class AS, 4.053% due 8/15/48<sup>(a)</sup> | 1541895 |
| 7728558 | &nbsp;&nbsp;Series 2017-CX10, Class AS, 3.670% due 11/15/50<sup>(a)</sup> | 7445323 |
| 2971564 | Deutsche Alternative-A Securities Mortgage Loan Trust, Series 2007-OA5, Class A1A, 4.469% (1-Month TSFR + 0.514%) due 8/25/47<sup>(a)</sup> | 2718035 |
|  | Federal National Mortgage Association (FNMA), Connecticut Avenue Securities: |  |
| 3378647 | &nbsp;&nbsp;Series 2016-C02, Class 1B, 16.436% (SOFR30A + 12.364%) due 9/25/28<sup>@(a)</sup> | 3489588 |
| 885864 | &nbsp;&nbsp;Series 2016-C03, Class 2M2, 10.086% (SOFR30A + 6.014%) due 10/25/28<sup>@(a)</sup> | 894607 |
| 1250231 | &nbsp;&nbsp;Series 2016-C04, Class 1B, 14.436% (SOFR30A + 10.364%) due 1/25/29<sup>@(a)</sup> | 1316218 |
| 4620326 | &nbsp;&nbsp;Series 2016-C06, Class 1B, 13.436% (SOFR30A + 9.364%) due 4/25/29<sup>@(a)</sup> | 4911972 |
| 1900824 | FNBA Mortgage Loan Trust, Series 2004-AR1, Class M2, 5.723% (1-Month TSFR + 1.764%) due 8/19/34<sup>(a)</sup> | 2120416 |
|  | Freddie Mac STACR REMIC Trust: |  |
| 5438000 | &nbsp;&nbsp;Series 2020-DNA1, Class B2, 9.436% (SOFR30A + 5.364%) due 1/25/50<sup>(a)(b)</sup> | 6041950 |
| 3780000 | &nbsp;&nbsp;Series 2020-DNA5, Class B2, 15.572% (SOFR30A + 11.500%) due 10/25/50<sup>(a)(b)</sup> | 5281382 |
| 1500000 | &nbsp;&nbsp;Series 2020-DNA6, Class B2, 9.722% (SOFR30A + 5.650%) due 12/25/50<sup>(a)(b)</sup> | 1728537 |
| 1280000 | &nbsp;&nbsp;Series 2020-HQA3, Class B2, 14.186% (SOFR30A + 10.114%) due 7/25/50<sup>(a)(b)</sup> | 1692599 |
| 1260000 | &nbsp;&nbsp;Series 2020-HQA4, Class B2, 13.586% (SOFR30A + 9.514%) due 9/25/50<sup>(a)(b)</sup> | 1631110 |
|  | Freddie Mac STACR Trust: |  |
| 4870000 | &nbsp;&nbsp;Series 2019-DNA3, Class B2, 12.336% (SOFR30A + 8.264%) due 7/25/49<sup>(a)(b)</sup> | 5469946 |
| 4588000 | &nbsp;&nbsp;Series 2019-DNA4, Class B2, 10.436% (SOFR30A + 6.364%) due 10/25/49<sup>(a)(b)</sup> | 5098051 |
| 5800000 | &nbsp;&nbsp;Series 2019-FTR1, Class B2, 12.536% (SOFR30A + 8.464%) due 1/25/48<sup>(a)(b)</sup> | 6889853 |
| 4030000 | &nbsp;&nbsp;Series 2019-HQA1, Class B2, 16.436% (SOFR30A + 12.364%) due 2/25/49<sup>(a)(b)</sup> | 4933498 |
| 3100000 | &nbsp;&nbsp;Series 2019-HRP1, Class B1, 8.236% (SOFR30A + 4.164%) due 2/25/49<sup>(a)(b)</sup> | 3391965 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes: |  |
| 1903534 | &nbsp;&nbsp;Series 2016-DNA1, Class B, 14.186% (SOFR30A + 10.114%) due 7/25/28<sup>@(a)</sup> | 1927465 |
| 4290000 | &nbsp;&nbsp;Series 2017-HQA3, Class B1, 8.636% (SOFR30A + 4.564%) due 4/25/30<sup>@(a)</sup> | 4571064 |
| 2710774 | IndyMac INDX Mortgage Loan Trust, Series 2006-FLX1, Class A1, 4.489% (1-Month TSFR + 0.534%) due 11/25/36<sup>(a)</sup> | 2648997 |
| 1993000 | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016-JP2, Class AS, 3.056% due 8/15/49 | 1948040 |
|  | JPMBB Commercial Mortgage Securities Trust: |  |
| 1390000 | &nbsp;&nbsp;Series 2014-C25, Class AS, 4.065% due 11/15/47 | 1348356 |
| 9209944 | &nbsp;&nbsp;Series 2015-C32, Class AS, 3.984% due 11/15/48 | 8484661 |
| 3000000 | SG Commercial Mortgage Securities Trust, Series 2016-C5, Class AM, 3.379% due 10/10/48 | 2909940 |
|  | STACR Trust: |  |
| 2981673 | &nbsp;&nbsp;Series 2018-HRP1, Class B1, 7.936% (SOFR30A + 3.864%) due 4/25/43<sup>(a)(b)</sup> | 3084570 |
| 4674871 | &nbsp;&nbsp;Series 2018-HRP1, Class B2, 15.936% (SOFR30A + 11.864%) due 5/25/43<sup>(a)(b)</sup> | 5561343 |
| 8098000 | Wells Fargo Commercial Mortgage Trust, Series 2017-RB1, Class A5, 3.635% due 3/15/50 | 7909117 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Security** | **Value** | **Value** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS - (continued)** |
| **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** | **Mortgage Securities - (continued)** |
| $| 3038766 | WFRBS Commercial Mortgage Trust, Series 2014-C22, Class AS, 4.069% due 9/15/57<sup>(a)</sup> | $| 2886888 |
|  |  | Total Mortgage Securities |  | 129753255 |
|  |  | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** |  |  |
|  |  | (Cost - $124,443,148) |  | **129753255** |
| **ASSET-BACKED SECURITIES - 11.3%** | **ASSET-BACKED SECURITIES - 11.3%** | **ASSET-BACKED SECURITIES - 11.3%** | **ASSET-BACKED SECURITIES - 11.3%** | **ASSET-BACKED SECURITIES - 11.3%** |
| **Automobile ABS - 5.9%** | **Automobile ABS - 5.9%** | **Automobile ABS - 5.9%** | **Automobile ABS - 5.9%** | **Automobile ABS - 5.9%** |
|  | 3052563 | BMW Vehicle Owner Trust, Series 2025-A, Class A2A, 4.430% due 10/25/27 |  | 3056871 |
|  | 2126393 | Carmax Auto Owner Trust, Series 2025-1, Class A2A, 4.630% due 3/15/28 |  | 2131114 |
|  | 760572 | Exeter Automobile Receivables Trust, Series 2023-5A, Class B, 6.580% due 4/17/28 |  | 762669 |
|  | 1555060 | Ford Credit Auto Owner Trust, Series 2023-B, Class A3, 5.230% due 5/15/28 |  | 1564975 |
|  |  | GM Financial Consumer Automobile Receivables Trust: |  |  |
|  | 2014911 | &nbsp;&nbsp;Series 2023-1, Class A3, 4.660% due 2/16/28 |  | 2020068 |
|  | 1588510 | &nbsp;&nbsp;Series 2025-1, Class A2A, 4.440% due 1/18/28 |  | 1590411 |
|  | 903770 | Honda Auto Receivables Owner Trust, Series 2024-1, Class A3, 5.210% due 8/15/28 |  | 911612 |
|  | 2606284 | Hyundai Auto Receivables Trust, Series 2023-B, Class A3, 5.480% due 4/17/28 |  | 2625202 |
|  | 1942438 | Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A3, 4.800% due 4/16/29 |  | 1953879 |
|  | 2567366 | Toyota Auto Receivables Owner Trust, Series 2022-A, Class A4, 1.540% due 5/17/27 |  | 2554012 |
|  | 3710000 | Westlake Automobile Receivables Trust, Series 2025-3A, Class A2, 4.310% due 4/17/28<sup>(b)</sup> |  | 3712685 |
|  |  | World Omni Auto Receivables Trust: |  |  |
|  | 1516538 | &nbsp;&nbsp;Series 2025-A, Class A2A, 4.490% due 4/17/28 |  | 1518705 |
|  | 8000000 | &nbsp;&nbsp;Series 2025-D, Class A2A, 3.910% due 2/15/29 |  | 8006983 |
|  |  | Total Automobile ABS |  | 32409186 |
| **Home Equity ABS - 4.7%** | **Home Equity ABS - 4.7%** | **Home Equity ABS - 4.7%** | **Home Equity ABS - 4.7%** | **Home Equity ABS - 4.7%** |
|  | 544847 | Aames Mortgage Investment Trust, Series 2005-4, Class M3, 4.849% (1-Month TSFR + 0.894%) due 10/25/35<sup>(a)</sup> |  | 542102 |
|  | 3186673 | ABFC Trust, Series 2003-OPT1, Class A3, 4.749% (1-Month TSFR + 0.794%) due 4/25/33<sup>(a)</sup> |  | 3177149 |
|  | 2430000 | Accredited Mortgage Loan Trust, Series 2006-2, Class M1, 4.339% (1-Month TSFR + 0.384%) due 9/25/36<sup>(a)</sup> |  | 2344901 |
|  | 590228 | Asset Backed Securities Corp. Home Equity Loan Trust, Series 2007-HE1, Class A4, 3.843% (1-Month TSFR + 0.394%) due 12/25/36<sup>(a)</sup> |  | 585262 |
|  | 1472662 | CHEC Loan Trust, Series 2004-1, Class A3, 5.069% (1-Month TSFR + 1.114%) due 7/25/34<sup>(a)(b)</sup> |  | 1467105 |
|  | 1085413 | Ellington Loan Acquisition Trust, Series 2007-1, Class A1, 5.169% (1-Month TSFR + 1.214%) due 5/25/37<sup>(a)(b)</sup> |  | 1068010 |
|  | 2112745 | EquiFirst Mortgage Loan Trust, Series 2003-2, Class 1A1, 5.198% (1-Month TSFR + 1.239%) due 9/25/33<sup>(a)</sup> |  | 2133418 |
|  | 3459816 | Fremont Home Loan Trust, Series 2003-A, Class M1, 5.044% (1-Month TSFR + 1.089%) due 8/25/33<sup>(a)</sup> |  | 3778429 |
|  | 1197408 | Mastr Asset Backed Securities Trust, Series 2004-WMC1, Class M1, 4.849% (1-Month TSFR + 0.894%) due 2/25/34<sup>(a)</sup> |  | 1325218 |
|  | 991126 | Merrill Lynch Mortgage Investors Trust, Series 2006-OPT1, Class A2C, 4.369% (1-Month TSFR + 0.414%) due 8/25/37<sup>(a)</sup> |  | 955435 |
|  | 899 | NovaStar Mortgage Funding Trust, Series 2006-1, Class A2C, 4.389% (1-Month TSFR + 0.434%) due 5/25/36<sup>(a)</sup> |  | 896 |
|  | 3350552 | Park Place Securities Inc. Asset-Backed Pass-Through Certificates, Series 2005-WCH1, Class M5, 5.389% (1-Month TSFR + 1.434%) due 1/25/36<sup>(a)</sup> |  | 3252516 |
|  | 2245702 | Structured Asset Investment Loan Trust, Series 2004-2, Class A4, 4.774% (1-Month TSFR + 0.819%) due 3/25/34<sup>(a)</sup> |  | 2379581 |
|  | 437310 | Structured Asset Securities Corp. Mortgage Loan Trust, Series 2007-BC3, Class 2A3, 4.249% (1-Month TSFR + 0.294%) due 5/25/47<sup>(a)</sup> |  | 430453 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount/Units** | **Security** | **Value** |
| **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** | **ASSET-BACKED SECURITIES - (continued)** |
| **Home Equity ABS - (continued)** | **Home Equity ABS - (continued)** | **Home Equity ABS - (continued)** |
| 2465000 | Terwin Mortgage Trust, Series 2006-7, Class 1A2C, 4.609% (1-Month TSFR + 0.654%) due 7/25/37<sup>(a)(b)</sup> | 2277125 |
|  | Total Home Equity ABS | 25717600 |
| **WL Collateral CMO - 0.7%** | **WL Collateral CMO - 0.7%** | **WL Collateral CMO - 0.7%** |
| 1707064 | Ramp Trust, Series 2004-RS8, Class MII2, 5.615% (1-Month TSFR + 1.264%) due 8/25/34<sup>(a)</sup> | 1731274 |
| 1858162 | Specialty Underwriting & Residential Finance Trust, Series 2004-BC1, Class M1, 4.834% (1-Month TSFR + 0.879%) due 2/25/35<sup>(a)</sup> | 1965832 |
|  | Total WL Collateral CMO | 3697106 |
|  | **TOTAL ASSET-BACKED SECURITIES** |  |
|  | (Cost - $60,880,851) | **61823892** |
| **CORPORATE BONDS & NOTES - 6.4%** | **CORPORATE BONDS & NOTES - 6.4%** | **CORPORATE BONDS & NOTES - 6.4%** |
| **Financial - 1.2%** | **Financial - 1.2%** | **Financial - 1.2%** |
| 8018000 | Genworth Holdings Inc., Company Guaranteed Notes, 6.116% (3-Month TSFR + 2.264%) due 11/15/36<sup>(a)(c)</sup> | 6712953 |
| **Industrial - 1.6%** | **Industrial - 1.6%** | **Industrial - 1.6%** |
| 8665000 | Danaos Corp., Senior Unsecured Notes, 8.500% due 3/1/28<sup>(b)</sup> | 8745697 |
| **Technology - 0.2%** | **Technology - 0.2%** | **Technology - 0.2%** |
| 1153000 | NCR Atleos Corp., Senior Secured Notes, 9.500% due 4/1/29<sup>(b)</sup> | 1246183 |
| **Utilities - 3.4%** | **Utilities - 3.4%** | **Utilities - 3.4%** |
| 6965420 | NRG Energy Inc., Junior Subordinated Notes, 10.250% (5-Year CMT Index + 5.920%)<sup>(a)(b)(d)</sup> | 7601558 |
| 10754000 | Vistra Corp., Junior Subordinated Notes, 7.000% (5-Year CMT Index + 5.740%)<sup>(a)(b)(c)(d)</sup> | 10905599 |
|  | Total Utilities | 18507157 |
|  | **TOTAL CORPORATE BONDS & NOTES** |  |
|  | (Cost - $33,429,311) | **35211990** |
| **COLLATERALIZED LOAN OBLIGATIONS - 3.5%** | **COLLATERALIZED LOAN OBLIGATIONS - 3.5%** | **COLLATERALIZED LOAN OBLIGATIONS - 3.5%** |
| **Other ABS - 3.5%** | **Other ABS - 3.5%** | **Other ABS - 3.5%** |
| 5000000 | Anchorage Capital CLO 18 Ltd., Series 2021-18A, Class A1, 5.316% (3-Month TSFR + 1.412%) due 4/15/34<sup>(a)(b)</sup> | 5003548 |
| 13505000 | Barings CLO Ltd., Series 2021-1A, Class B, 5.520% (3-Month TSFR + 1.662%) due 4/25/34<sup>(a)(b)</sup> | 13508602 |
| 380000 | Steele Creek CLO Ltd., Series 2016-1A, Class ER, 10.049% (3-Month TSFR + 6.012%) due 6/15/31<sup>(a)(b)</sup> | 261568 |
| 1048524 | Venture XVIII CLO Ltd., Series 2014-18A, Class ER, 10.756% (3-Month TSFR + 6.852%) due 10/15/29<sup>(a)(b)</sup> | 523829 |
|  | Total Other ABS | 19297547 |
|  | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** |  |
|  | (Cost - $19,324,320) | **19297547** |
| **SENIOR LOANS(a) - 2.1%** | **SENIOR LOANS(a) - 2.1%** | **SENIOR LOANS(a) - 2.1%** |
| **United States - 2.1%** | **United States - 2.1%** | **United States - 2.1%** |
| 3528867 | Crown Finance US Inc., 8.484% (1-Month USD-SOFR + 0.450%) due 12/2/31 | 3524032 |
| 3977820 | Crown Subsea Communications Holding Inc., 7.416% (1-Month USD-SOFR + 0.350%) due 1/30/31 | 4002681 |
| 3955986 | Recess Holdings Inc., 7.615% (3-Month USD-SOFR + 0.375%) due 2/20/30 | 3969595 |
|  | Total United States | 11496308 |
|  | **TOTAL SENIOR LOANS** |  |
|  | (Cost - $11,502,272) | **11496308** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 19.5%** | **COMMON STOCKS - 19.5%** |  |
| **CONSUMER CYCLICAL - 1.7%** | **CONSUMER CYCLICAL - 1.7%** |  |
| **Entertainment - 1.2%** | **Entertainment - 1.2%** |  |
| 144905 | Golden Entertainment Inc. | $4350048 |
| 161554 | Penn Entertainment Inc.<sup>\*</sup> | 2397461 |
|  | Total Entertainment | 6747509 |
| **Leisure Time - 0.5%** | **Leisure Time - 0.5%** |  |
| 320268 | Lucky Strike Entertainment Corp.<sup>(e)</sup> | 2504496 |
|  | **TOTAL CONSUMER CYCLICAL** | **9252005** |
| **CONSUMER NON-CYCLICAL - 7.6%** | **CONSUMER NON-CYCLICAL - 7.6%** |  |
| **Biotechnology - 6.0%** | **Biotechnology - 6.0%** |  |
| 37200 | Apogee Therapeutics Inc.<sup>\*</sup> | 2677284 |
| 207221 | Crinetics Pharmaceuticals Inc.<sup>\*</sup> | 9440989 |
| 204085 | Septerna Inc.<sup>\*</sup> | 5922547 |
| 117098 | Viridian Therapeutics Inc.<sup>\*</sup> | 3742452 |
| 249562 | Xenon Pharmaceuticals Inc.<sup>\*</sup> | 11160412 |
|  | Total Biotechnology | 32943684 |
| **Commercial Services - 1.5%** | **Commercial Services - 1.5%** |  |
| 72946 | GXO Logistics Inc.<sup>\*</sup> | 3701280 |
| 227395 | WillScot Holdings Corp. | 4491051 |
|  | Total Commercial Services | 8192331 |
| **Healthcare-Products - 0.1%** | **Healthcare-Products - 0.1%** |  |
| 17331 | Beta Bionics Inc.<sup>\*</sup> | 543154 |
|  | **TOTAL CONSUMER NON-CYCLICAL** | **41679169** |
| **DIVERSIFIED - 7.2%** | **DIVERSIFIED - 7.2%** |  |
| **SPACs - 7.2%** | **SPACs - 7.2%** |  |
| 174682 | Apex Treasury Corp., Class A Shares<sup>\*(f)</sup> | 1724985 |
| 406488 | Archimedes Tech SPAC Partners II Co.<sup>\*(f)</sup> | 4211216 |
| 138476 | Blue Water Acquisition Corp. III, Class A Shares<sup>\*(f)</sup> | 1393068 |
| 474136 | Bold Eagle Acquisition Corp., Class A Shares<sup>\*</sup> | 5085108 |
| 70586 | BTC Development Corp., Class A Shares<sup>\*</sup> | 712919 |
| 63886 | Cantor Equity Partners III Inc., Class A Shares<sup>\*</sup> | 650998 |
| 35001 | Cantor Equity Partners V Inc., Class A Shares<sup>\*</sup> | 358760 |
| 209974 | Dynamix Corp. III, Class A Shares<sup>\*(f)</sup> | 2078743 |
| 138902 | Galata Acquisition Corp. II, Class A Shares<sup>\*(f)</sup> | 1380686 |
| 213051 | Gesher Acquisition Corp. II, Class A Shares<sup>\*(f)</sup> | 2185903 |
| 33162 | HCM III Acquisition Corp., Class A Shares<sup>\*</sup> | 335931 |
| 332626 | Highview Merger Corp., Class A Shares<sup>\*(f)</sup> | 3329586 |
| 34952 | Insight Digital Partners II<sup>\*</sup> | 351967 |
| 511975 | K&F Growth Acquisition Corp. II, Class A Shares<sup>\*(f)</sup> | 5268223 |
| 265063 | NewHold Investment Corp. III, Class A Shares<sup>\*</sup> | 2738101 |
| 479838 | Oaktree Acquisition Corp. III Life Sciences, Class A Shares<sup>\*(f)</sup> | 5067089 |
| 222075 | Willow Lane Acquisition Corp., Class A Shares<sup>\*</sup> | 2664900 |
|  | Total SPACs | 39538183 |
|  | **TOTAL DIVERSIFIED** | **39538183** |
| **FINANCIAL - 2.0%** | **FINANCIAL - 2.0%** |  |
| **Banks - 0.5%** | **Banks - 0.5%** |  |
| 256100 | Blue Foundry Bancorp<sup>\*</sup> | 2909296 |
| **Diversified Financial Services - 0.7%** | **Diversified Financial Services - 0.7%** |  |
| 172344 | Jefferson Capital Inc. | 3614054 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Investment Companies - 0.8%** | **Investment Companies - 0.8%** |  |
| 290604 | Cannae Holdings Inc. | $4678724 |
|  | **TOTAL FINANCIAL** | **11202074** |
| **INDUSTRIAL - 1.0%** | **INDUSTRIAL - 1.0%** |  |
| **Metal Fabricate/Hardware - 1.0%** | **Metal Fabricate/Hardware - 1.0%** |  |
| 658377 | Hillman Solutions Corp.<sup>\*</sup> | 5760799 |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $92,346,396) | **107432230** |
| **OPEN-END FUND - 13.3%** | **OPEN-END FUND - 13.3%** |  |
| 6377661 | JPMorgan Strategic Income Opportunities Fund, Class R6 Shares |  |
|  | (Cost - $72,754,764) | 73024221 |
| **WARRANTS - 0.2%** | **WARRANTS - 0.2%** |  |
| **DIVERSIFIED - 0.2%** | **DIVERSIFIED - 0.2%** |  |
| **SPACs - 0.2%** | **SPACs - 0.2%** |  |
| 87341 | Apex Treasury Corp.<sup>\*(f)</sup> | 24543 |
| 203244 | Archimedes Tech SPAC Partners II Co.<sup>\*(f)</sup> | 71156 |
| 133619 | Berto Acquisition Corp.<sup>\*(f)</sup> | 53448 |
| 69238 | Blue Water Acquisition Corp. III<sup>\*(f)</sup> | 12179 |
| 468723 | Bridger Aerospace Group Holdings Inc.<sup>\*(f)</sup> | 66887 |
| 17646 | BTC Development Corp.<sup>\*(f)</sup> | 13249 |
| 556875 | Calidi Biotherapeutics Inc.<sup>\*(f)</sup> | 3341 |
| 104987 | Dynamix Corp. III<sup>\*(f)</sup> | 45144 |
| 46300 | Galata Acquisition Corp. II<sup>\*(f)</sup> | 14821 |
| 106525 | Gesher Acquisition Corp. II<sup>\*(f)</sup> | 46157 |
| 146171 | Haymaker Acquisition Corp. 4<sup>\*(f)</sup> | 175405 |
| 11054 | HCM III Acquisition Corp.<sup>\*(f)</sup> | 5528 |
| 166313 | Highview Merger Corp.<sup>\*(f)</sup> | 52754 |
| 131807 | Inspirato Inc.<sup>\*(f)</sup> | 1450 |
| 132531 | NewHold Investment Corp. III<sup>\*(f)</sup> | 54338 |
| 100093 | Oaktree Acquisition Corp. III Life Sciences<sup>\*(f)</sup> | 76071 |
| 358816 | Pagaya Technologies Ltd.<sup>\*(f)</sup> | 134771 |
| 88320 | Revolution Medicines Inc.<sup>\*(f)</sup> | 75072 |
| 77310 | SomaLogic Inc.<sup>\*(f)</sup> | 7808 |
|  | Total SPACs | 934122 |
|  | **TOTAL DIVERSIFIED** | **934122** |
|  | **TOTAL WARRANTS** |  |
|  | (Cost - $1,780,756) | **934122** |
| **RIGHTS - 0.1%** | **RIGHTS - 0.1%** |  |
| 667287 | Bold Eagle Acquisition Corp.<sup>\*(f)</sup> | 255371 |
| 611174 | K&F Growth Acquisition Corp. II<sup>\*(f)</sup> | 110011 |
|  | **TOTAL RIGHTS** |  |
|  | (Cost - $232,027) | **365382** |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $416,693,845) | **439338947** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | |
|:---|:---|:---|
| **Face Amount** | **Security** | **Value** |
| **SHORT-TERM INVESTMENTS - 16.8%** | **SHORT-TERM INVESTMENTS - 16.8%** | **SHORT-TERM INVESTMENTS - 16.8%** |
| **TIME DEPOSITS - 16.8%** | **TIME DEPOSITS - 16.8%** | **TIME DEPOSITS - 16.8%** |
| $91336343 | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | $91336343 |
| 1021249 | Royal Bank of Canada - Toronto, 3.220% due 12/1/25 | 1021249 |
|  | **TOTAL TIME DEPOSITS** |  |
|  | (Cost - $92,357,592) | **92357592** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** |
| **MONEY MARKET FUND - 0.3%** | **MONEY MARKET FUND - 0.3%** | **MONEY MARKET FUND - 0.3%** |
| 1614647 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(g)</sup> |  |
|  | (Cost - $1,614,647) | 1614647 |
|  | **TOTAL INVESTMENTS - 97.1%** |  |
|  | (Cost - $510,666,084) | **533311186** |
|  | Other Assets in Excess of Liabilities - 2.9% | 16026558 |
|  | **TOTAL NET ASSETS - 100.0%** | $**549337744** |

---

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| (a) | Variable rate security. Interest rate disclosed is that which was in effect at November 30, 2025. |
| (b) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $115,480,006 and represents 21.02% of net assets. |
| (c) | All or a portion of this security is pledged by the Fund as collateral for short sales or derivative transactions. |
| (d) | Security is perpetual in nature and has no stated maturity date. |
| (e) | All or a portion of this security is on loan. |
| (f) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $27,939,003 and represents 5.09% of net assets. |
| (g) | Represents investment of collateral received from securities lending transactions. |
| @ | Restricted security – Investment in security not registered under the Securities Act of 1933. The investment is deemed to not be liquid and may be sold only to qualified buyers. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **First <br> Acquisition <br> Date** | **First <br> Acquisition <br> Cost** | **Market<br> Value** | **Percent of<br> Net Assets** |
| Federal National Mortgage Association (FNMA), Connecticut Avenue Securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-C02, Class 1B, 16.436% (SOFR30A + 12.364%) due 9/25/28 | 8/10/2021 | 537977 | $3489588 | 0.64% |
| &nbsp;&nbsp;&nbsp;Series 2016-C03, Class 2M2, 10.086% (SOFR30A + 6.014%) due 10/25/28 | 3/17/2020 | 2941204 | 894607 | 0.16% |
| &nbsp;&nbsp;&nbsp;Series 2016-C04, Class 1B, 14.436% (SOFR30A + 10.364%) due 1/25/29 | 4/13/2022 | 1355446 | 1316218 | 0.24% |
| &nbsp;&nbsp;&nbsp;Series 2016-C06, Class 1B, 13.436% (SOFR30A + 9.364%) due 4/25/29 | 3/11/2022 | 2850909 | 4911972 | 0.89% |
| Freddie Mac Structured Agency Credit Risk Debt Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-DNA1, Class B, 14.186% (SOFR30A + 10.114%) due 7/25/28 | 1/11/2022 | 611767 | 1927465 | 0.35% |
| &nbsp;&nbsp;&nbsp;Series 2017-HQA3, Class B1, 8.636% (SOFR30A + 4.564%) due 4/25/30 | 4/29/2021 | 4504500 | 4571064 | 0.83% |
|  |  |  | $**17110914** | **3.11%** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| CLO | **—** | Collateralized Loan Obligation |
| CMT | **—** | Constant Maturity Treasury Index |
| REMIC | **—** | Real Estate Mortgage Investment Conduit |
| SOFR | **—** | Secured Overnight Financing Rate |
| SPACs | **—** | Special Purpose Acquisition Companies |
| TSFR | **—** | CME Term SOFR Reference Rate |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Industry^** | |
| Collateralized Mortgage Obligations | 24.3% |
| Common Stocks | 20.1 |
| Open-End Fund | 13.7 |
| Asset-Backed Securities | 11.6 |
| Corporate Bonds & Notes | 6.6 |
| Collateralized Loan Obligations | 3.6 |
| Senior Loans | 2.2 |
| Warrants | 0.2 |
| Rights | 0.1 |
| Short-Term Investments | 17.3 |
| Money Market Fund | 0.3 |
|  | 100.0% |

---

^ As a percentage of total investments.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **OTC Total Return Swaps** | **OTC Total Return Swaps** | **OTC Total Return Swaps** | **OTC Total Return Swaps** | **OTC Total Return Swaps** | **OTC Total Return Swaps** | **OTC Total Return Swaps** | **OTC Total Return Swaps** |
| **Currency** | **Notional <br> Amount** | **Maturity<br> Date** | **Counterparty** | **Payment <br> Frequency** | **Pay** | **Receive** | **Unrealized<br> Appreciation/**<br> **(Depreciation)** |
| USD | 14617004 | 5/4/2026 | MSCS | 1-Month | USD-Federal Funds-H.15 - 95 bps | MSXXBIOH Basket\* | $(1288365) |
| USD | 2488346 | 5/4/2026 | MSCS | 1-Month | USD-Federal Funds-H.15 - 35 bps | MSDRCASI Basket\*\* | (68752) |
| USD | 10163769 | 10/29/2025 | GSC | 3-Month | USD-Federal Funds-H.15 - 118 bps | GSUCDHY1 Basket\*\*\* | (30231) |
| USD | 4180858 | 5/4/2026 | MSCS | 1-Month | USD-Federal Funds-H.15 - 36 bps | MSHEWSC Basket\*\*\*\* | 4724 |
|  |  |  |  |  |  |  | $**(1382624)** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

___________________

\* MSXXBIOH Basket consists of a portfolio of:

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Exact Sciences Corp. | 1502 | $(12970) | 1.00% |
| Arrowhead Pharmaceuticals Inc. | 2512 | (11286) | 0.88% |
| Arcus Biosciences Inc. | 5045 | (11226) | 0.87% |
| GRAIL Inc. | 1187 | (11174) | 0.87% |
| ADMA Biologics Inc. | 6540 | (10694) | 0.83% |
| Sarepta Therapeutics Inc. | 5750 | (10460) | 0.81% |
| Twist Bioscience Corp. | 3811 | (10401) | 0.81% |
| Scholar Rock Holding Corp. | 2765 | (10387) | 0.81% |
| Veracyte Inc. | 2567 | (10362) | 0.80% |
| Cogent Biosciences Inc. | 2988 | (10246) | 0.80% |
| Janux Therapeutics Inc. | 3511 | (10205) | 0.79% |
| Arcutis Biotherapeutics Inc. | 3854 | (10070) | 0.78% |
| Natera Inc. | 489 | (9965) | 0.77% |
| Olema Pharmaceuticals Inc. | 4109 | (9921) | 0.77% |
| Syndax Pharmaceuticals Inc. | 5870 | (9919) | 0.77% |
| Beam Therapeutics Inc. | 4580 | (9890) | 0.77% |
| Stoke Therapeutics Inc. | 3742 | (9861) | 0.77% |
| Vera Therapeutics Inc. | 3423 | (9850) | 0.76% |
| PTC Therapeutics Inc. | 1334 | (9779) | 0.76% |
| Ionis Pharmaceuticals Inc. | 1377 | (9709) | 0.75% |
| Revolution Medicines Inc. | 1459 | (9670) | 0.75% |
| Recursion Pharmaceuticals Inc. | 24478 | (9662) | 0.75% |
| Apogee Therapeutics Inc. | 1556 | (9545) | 0.74% |
| Regeneron Pharmaceuticals Inc. | 143 | (9524) | 0.74% |
| Biogen Inc. | 612 | (9507) | 0.74% |
| Viridian Therapeutics Inc. | 3478 | (9475) | 0.74% |
| Xenon Pharmaceuticals Inc. | 2483 | (9468) | 0.73% |
| Celcuity Inc. | 1093 | (9428) | 0.73% |
| Denali Therapeutics Inc. | 5644 | (9369) | 0.73% |
| Inhibrx Biosciences Inc. | 1304 | (9350) | 0.73% |
| CG oncology Inc. | 2445 | (9346) | 0.73% |
| TG Therapeutics Inc. | 3286 | (9318) | 0.72% |
| Rhythm Pharmaceuticals Inc. | 1002 | (9315) | 0.72% |
| Dyne Therapeutics Inc. | 4983 | (9303) | 0.72% |
| Madrigal Pharmaceuticals Inc. | 182 | (9275) | 0.72% |
| Bridgebio Pharma Inc. | 1507 | (9255) | 0.72% |
| Nurix Therapeutics Inc. | 6132 | (9244) | 0.72% |
| Newamsterdam Pharma Co., NV | 2615 | (9209) | 0.71% |
| Ideaya Biosciences Inc. | 3025 | (9186) | 0.71% |
| Ultragenyx Pharmaceutical Inc. | 3099 | (9182) | 0.71% |
| Soleno Therapeutics Inc. | 2134 | (9180) | 0.71% |
| Protagonist Therapeutics Inc. | 1190 | (9128) | 0.71% |
| Intellia Therapeutics Inc. | 11893 | (9115) | 0.71% |
| Neurocrine Biosciences Inc. | 702 | (9113) | 0.71% |
| Apellis Pharmaceuticals Inc. | 5017 | (9111) | 0.71% |
| Kymera Therapeutics Inc. | 1573 | (9105) | 0.71% |
| MoonLake Immunotherapeutics | 7764 | (9088) | 0.71% |
| Summit Therapeutics Inc. | 5950 | (9075) | 0.70% |
| Amicus Therapeutics Inc. | 10706 | (9063) | 0.70% |
| Insmed Inc. | 511 | (9049) | 0.70% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Moderna Inc. | 4073 | $(9021) | 0.70% |
| Krystal Biotech Inc. | 484 | (9000) | 0.70% |
| ACADIA Pharmaceuticals Inc. | 4200 | (8967) | 0.70% |
| Disc Medicine Inc. | 1125 | (8954) | 0.69% |
| Exelixis Inc. | 2377 | (8952) | 0.69% |
| Catalyst Pharmaceuticals Inc. | 4470 | (8922) | 0.69% |
| Novavax Inc. | 14831 | (8914) | 0.69% |
| United Therapeutics Corp. | 214 | (8854) | 0.69% |
| BioMarin Pharmaceutical Inc. | 1852 | (8830) | 0.69% |
| Vaxcyte Inc. | 2086 | (8824) | 0.68% |
| BioCryst Pharmaceuticals Inc. | 14345 | (8781) | 0.68% |
| Iovance Biotherapeutics Inc. | 41673 | (8775) | 0.68% |
| Cytokinetics Inc. | 1506 | (8749) | 0.68% |
| Gilead Sciences Inc. | 813 | (8719) | 0.68% |
| Nuvalent Inc. | 934 | (8705) | 0.68% |
| Roivant Sciences Ltd. | 4905 | (8702) | 0.68% |
| Halozyme Therapeutics Inc. | 1429 | (8700) | 0.68% |
| Mirum Pharmaceuticals Inc. | 1397 | (8698) | 0.68% |
| Amgen Inc. | 295 | (8692) | 0.67% |
| Alkermes PLC | 3438 | (8671) | 0.67% |
| Tango Therapeutics Inc. | 9302 | (8652) | 0.67% |
| BioNTech SE | 982 | (8638) | 0.67% |
| Incyte Corp. | 968 | (8622) | 0.67% |
| Travere Therapeutics Inc. | 2846 | (8591) | 0.67% |
| Vertex Pharmaceuticals Inc. | 232 | (8590) | 0.67% |
| Replimune Group Inc. | 10061 | (8578) | 0.67% |
| Aurinia Pharmaceuticals Inc. | 6239 | (8574) | 0.67% |
| Praxis Precision Medicines Inc. | 510 | (8549) | 0.66% |
| Immunovant Inc. | 4150 | (8545) | 0.66% |
| Ascendis Pharma A/S | 466 | (8430) | 0.65% |
| Alnylam Pharmaceuticals Inc. | 219 | (8424) | 0.65% |
| UroGen Pharma Ltd. | 3428 | (8419) | 0.65% |
| Mineralys Therapeutics Inc. | 2279 | (8376) | 0.65% |
| AbbVie Inc. | 431 | (8366) | 0.65% |
| CRISPR Therapeutics AG | 1823 | (8310) | 0.65% |
| Viking Therapeutics Inc. | 2639 | (8281) | 0.64% |
| Centessa Pharmaceuticals PLC | 3281 | (8121) | 0.63% |
| Legend Biotech Corp. | 3393 | (8016) | 0.62% |
| Vericel Corp. | 2309 | (7923) | 0.61% |
| Biohaven Ltd. | 9145 | (7820) | 0.61% |
| uniQure NV | 3325 | (7798) | 0.61% |
| Immunome Inc. | 4635 | (7279) | 0.56% |
| Rigel Pharmaceuticals Inc. | 1680 | (7233) | 0.56% |
| Caris Life Sciences Inc. | 3308 | (7200) | 0.56% |
| Arcellx Inc. | 1116 | (6920) | 0.54% |
| CareDx Inc. | 4425 | (6741) | 0.52% |
| MannKind Corp. | 14626 | (6671) | 0.52% |
| ARS Pharmaceuticals Inc. | 8036 | (6536) | 0.51% |
| Zai Lab Ltd. | 3749 | (6524) | 0.51% |
| Kiniksa Pharmaceuticals International PLC | 1793 | (6499) | 0.50% |
| Celldex Therapeutics Inc. | 2801 | (6453) | 0.50% |
| Verastem Inc. | 7041 | (6387) | 0.50% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Spyre Therapeutics Inc. | 2472 | $(6324) | 0.49% |
| Kura Oncology Inc. | 5938 | (6145) | 0.48% |
| ImmunityBio Inc. | 30360 | (6108) | 0.47% |
| Day One Biopharmaceuticals Inc. | 7446 | (6025) | 0.47% |
| Kodiak Sciences Inc. | 3037 | (5950) | 0.46% |
| Dianthus Therapeutics Inc. | 1558 | (5842) | 0.45% |
| Xencor Inc. | 3946 | (5826) | 0.45% |
| Zymeworks Inc. | 2520 | (5738) | 0.45% |
| Monte Rosa Therapeutics Inc. | 4116 | (5674) | 0.44% |
| Sana Biotechnology Inc. | 15390 | (5642) | 0.44% |
| Taysha Gene Therapies Inc. | 13938 | (5632) | 0.44% |
| Dynavax Technologies Corp. | 5783 | (5606) | 0.44% |
| Ardelyx Inc. | 10901 | (5390) | 0.42% |
| Zenas Biopharma Inc. | 1600 | (5298) | 0.41% |
| RAPT Therapeutics Inc. | 1809 | (5213) | 0.40% |
| Relay Therapeutics Inc. | 7617 | (5143) | 0.40% |
| Ethzilla Corp. | 5553 | (5056) | 0.39% |
| Agios Pharmaceuticals Inc. | 1955 | (4867) | 0.38% |
| Palvella Therapeutics Inc. | 532 | (4661) | 0.36% |
| Rezolute Inc. | 5619 | (4656) | 0.36% |
| KalVista Pharmaceuticals Inc. | 3676 | (4534) | 0.35% |
| ORIC Pharmaceuticals Inc. | 4414 | (4470) | 0.35% |
| Altimmune Inc. | 9694 | (4347) | 0.34% |
| CytomX Therapeutics Inc. | 11442 | (4175) | 0.32% |
| AnaptysBio Inc. | 1168 | (4148) | 0.32% |
| Monopar Therapeutics Inc. | 550 | (4040) | 0.31% |
| Prime Medicine Inc. | 11771 | (3834) | 0.30% |
| Precigen Inc. | 11719 | (3827) | 0.30% |
| Lexeo Therapeutics Inc. | 4433 | (3726) | 0.29% |
| Absci Corp. | 13712 | (3706) | 0.29% |
| Bicara Therapeutics Inc. | 2326 | (3681) | 0.29% |
| Emergent BioSolutions Inc. | 3744 | (3565) | 0.28% |
| Tectonic Therapeutic Inc. | 1905 | (3482) | 0.27% |
| Savara Inc. | 6335 | (3397) | 0.26% |
| Abeona Therapeutics Inc. | 7763 | (3355) | 0.26% |
| 4D Molecular Therapeutics Inc. | 3325 | (3306) | 0.26% |
| Oruka Therapeutics Inc. | 1240 | (3182) | 0.25% |
| Tonix Pharmaceuticals Holding Corp. | 2334 | (3177) | 0.25% |
| Arcturus Therapeutics Holdings Inc. | 5179 | (2998) | 0.23% |
| Compass Therapeutics Inc. | 6015 | (2974) | 0.23% |
| Immunocore Holdings PLC | 881 | (2967) | 0.23% |
| Cabaletta Bio Inc. | 13480 | (2954) | 0.23% |
| Upstream Bio Inc. | 1199 | (2924) | 0.23% |
| Geron Corp. | 28512 | (2868) | 0.22% |
| Sionna Therapeutics Inc. | 772 | (2867) | 0.22% |
| Corvus Pharmaceuticals Inc. | 3616 | (2827) | 0.22% |
| Vir Biotechnology Inc. | 5102 | (2793) | 0.22% |
| Immuneering Corp. | 4048 | (2643) | 0.21% |
| Compass Pathways PLC | 5518 | (2611) | 0.20% |
| Cullinan Therapeutics Inc. | 2556 | (2477) | 0.19% |
| Myriad Genetics Inc. | 3785 | (2462) | 0.19% |
| REGENXBIO Inc. | 2138 | (2441) | 0.19% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Palisade Bio Inc. | 13532 | $(2434) | 0.19% |
| SELLAS Life Sciences Group Inc. | 16891 | (2333) | 0.18% |
| Annexon Inc. | 6028 | (2313) | 0.18% |
| Immatics NV | 2367 | (2157) | 0.17% |
| Rocket Pharmaceuticals Inc. | 7373 | (2150) | 0.17% |
| Akebia Therapeutics Inc. | 15915 | (2144) | 0.17% |
| Gossamer Bio Inc. | 7496 | (2135) | 0.17% |
| Prothena Corp. PLC | 2324 | (2130) | 0.17% |
| ArriVent Biopharma Inc. | 1083 | (2119) | 0.16% |
| MiMedx Group Inc. | 3550 | (2082) | 0.16% |
| Avalo Therapeutics Inc. | 1245 | (2017) | 0.16% |
| Humacyte Inc. | 17353 | (1997) | 0.16% |
| Solid Biosciences Inc. | 3872 | (1792) | 0.14% |
| Tenaya Therapeutics Inc. | 14449 | (1725) | 0.13% |
| Corbus Pharmaceuticals Holdings Inc. | 1743 | (1715) | 0.13% |
| Tyra Biosciences Inc. | 881 | (1695) | 0.13% |
| Ovid therapeutics Inc. | 10779 | (1636) | 0.13% |
| Invivyd Inc. | 7892 | (1635) | 0.13% |
| DiaMedica Therapeutics Inc. | 2186 | (1608) | 0.12% |
| Achieve Life Sciences Inc. | 3819 | (1586) | 0.12% |
| Protara Therapeutics Inc. | 2516 | (1583) | 0.12% |
| Enanta Pharmaceuticals Inc. | 1311 | (1578) | 0.12% |
| Neurogene Inc. | 873 | (1569) | 0.12% |
| Editas Medicine Inc. | 7600 | (1562) | 0.12% |
| Plus Therapeutics Inc. | 29481 | (1533) | 0.12% |
| Design Therapeutics Inc. | 1886 | (1510) | 0.12% |
| Gain Therapeutics Inc. | 4969 | (1483) | 0.12% |
| Ironwood Pharmaceuticals Inc. | 4920 | (1468) | 0.11% |
| Opus Genetics Inc. | 8053 | (1462) | 0.11% |
| Vanda Pharmaceuticals Inc. | 3185 | (1455) | 0.11% |
| Entrada Therapeutics Inc. | 1654 | (1448) | 0.11% |
| PepGen Inc. | 2619 | (1438) | 0.11% |
| Coherus Oncology Inc. | 12400 | (1438) | 0.11% |
| Larimar Therapeutics Inc. | 4760 | (1437) | 0.11% |
| Aura Biosciences Inc. | 2548 | (1434) | 0.11% |
| C4 Therapeutics Inc. | 6160 | (1423) | 0.11% |
| Allogene Therapeutics Inc. | 11392 | (1418) | 0.11% |
| Ocugen Inc. | 13277 | (1404) | 0.11% |
| Fate Therapeutics Inc. | 14401 | (1400) | 0.11% |
| Bicycle Therapeutics PLC | 2169 | (1383) | 0.11% |
| Crescent Biopharma Inc. | 1072 | (1376) | 0.11% |
| TScan Therapeutics Inc. | 14445 | (1367) | 0.11% |
| Assembly Biosciences Inc. | 424 | (1366) | 0.11% |
| ProQR Therapeutics NV | 6835 | (1364) | 0.11% |
| Estrella Immunopharma Inc. | 7533 | (1355) | 0.11% |
| Sangamo Therapeutics Inc. | 34093 | (1340) | 0.10% |
| Unicycive Therapeutics Inc. | 2428 | (1340) | 0.10% |
| iBio Inc. | 12738 | (1336) | 0.10% |
| Pyxis Oncology Inc. | 3013 | (1333) | 0.10% |
| Coya Therapeutics Inc. | 2395 | (1329) | 0.10% |
| Vistagen Therapeutics Inc. | 3170 | (1324) | 0.10% |
| Aldeyra Therapeutics Inc. | 2831 | (1323) | 0.10% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Cardiff Oncology Inc. | 6802 | $(1322) | 0.10% |
| Erasca Inc. | 4882 | (1319) | 0.10% |
| Adicet Bio Inc. | 23613 | (1305) | 0.10% |
| IO Biotech Inc. | 21237 | (1303) | 0.10% |
| Zentalis Pharmaceuticals Inc. | 10615 | (1294) | 0.10% |
| ADC Therapeutics SA | 3530 | (1294) | 0.10% |
| Sutro Biopharma Inc. | 16483 | (1292) | 0.10% |
| Elicio Therapeutics Inc. | 1607 | (1282) | 0.10% |
| Alector Inc. | 11300 | (1281) | 0.10% |
| Kyverna Therapeutics Inc. | 1957 | (1280) | 0.10% |
| Arbutus Biopharma Corp. | 3392 | (1275) | 0.10% |
| Heron Therapeutics Inc. | 12855 | (1271) | 0.10% |
| Perspective Therapeutics Inc. | 6340 | (1270) | 0.10% |
| Genelux Corp. | 2669 | (1265) | 0.10% |
| Precision BioSciences Inc. | 2726 | (1264) | 0.10% |
| Mereo Biopharma Group PLC | 7916 | (1262) | 0.10% |
| Agenus Inc. | 3244 | (1261) | 0.10% |
| MeiraGTx Holdings PLC | 1778 | (1258) | 0.10% |
| Autolus Therapeutics PLC | 10457 | (1257) | 0.10% |
| Immix Biopharma Inc. | 3468 | (1257) | 0.10% |
| Nkarta Inc. | 7742 | (1247) | 0.10% |
| Inovio Pharmaceuticals Inc. | 7077 | (1243) | 0.10% |
| Organogenesis Holdings Inc. | 2805 | (1239) | 0.10% |
| aTyr Pharma Inc. | 18538 | (1234) | 0.10% |
| Metagenomi Inc. | 8242 | (1230) | 0.10% |
| Caribou Biosciences Inc. | 7414 | (1226) | 0.10% |
| Anika Therapeutics Inc. | 1452 | (1223) | 0.09% |
| Jade Biosciences Inc. | 1113 | (1216) | 0.09% |
| Puma Biotechnology Inc. | 2825 | (1216) | 0.09% |
| InflaRx NV | 11300 | (1214) | 0.09% |
| Cartesian Therapeutics Inc. | 1899 | (1212) | 0.09% |
| MacroGenics Inc. | 9280 | (1210) | 0.09% |
| Lineage Cell Therapeutics Inc. | 8053 | (1208) | 0.09% |
| Candel Therapeutics Inc. | 2962 | (1205) | 0.09% |
| Eledon Pharmaceuticals Inc. | 8649 | (1202) | 0.09% |
| Silence Therapeutics PLC | 2091 | (1202) | 0.09% |
| Climb Bio Inc. | 7453 | (1201) | 0.09% |
| XOMA Royalty Corp. | 437 | (1198) | 0.09% |
| Instil Bio Inc. | 1097 | (1194) | 0.09% |
| Amarin Corp. PLC | 874 | (1189) | 0.09% |
| Voyager Therapeutics Inc. | 3409 | (1189) | 0.09% |
| Alvotech SA | 2726 | (1185) | 0.09% |
| Acrivon Therapeutics Inc. | 5887 | (1185) | 0.09% |
| Spero Therapeutics Inc. | 5766 | (1180) | 0.09% |
| Foghorn Therapeutics Inc. | 2913 | (1180) | 0.09% |
| ProKidney Corp. | 6228 | (1179) | 0.09% |
| Immunic Inc. | 19195 | (1165) | 0.09% |
| AC Immune SA | 4520 | (1152) | 0.09% |
| Zura Bio Ltd. | 3512 | (1150) | 0.09% |
| Benitec Biopharma Inc. | 1036 | (1144) | 0.09% |
| Black Diamond Therapeutics Inc. | 3494 | (1138) | 0.09% |
| Protalix BioTherapeutics Inc. | 7415 | (1125) | 0.09% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Biomea Fusion Inc. | 12080 | $(1123) | 0.09% |
| Exagen Inc. | 1655 | (1114) | 0.09% |
| Korro Bio Inc. | 2279 | (1107) | 0.09% |
| Sagimet Biosciences Inc. | 1795 | (1104) | 0.09% |
| Theriva Biologics Inc. | 47208 | (1086) | 0.08% |
| BridgeBio Oncology Therapeutics Inc. | 1022 | (1071) | 0.08% |
| NovaBridge Biosciences | 3207 | (1050) | 0.08% |
| Cypherpunk Technologies Inc. | 5767 | (752) | 0.06% |
|  |  |  | 100% |

---

\*\* MSDRCASI Basket consists of a portfolio of:

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Boyd Gaming Corp. | 15712 | $(8305) | 12.09% |
| Travel + Leisure Co. | 13167 | (5730) | 8.33% |
| Red Rock Resorts Inc. | 14691 | (5460) | 7.94% |
| Wyndham Hotels & Resorts Inc. | 9981 | (4636) | 6.74% |
| MGM Resorts International | 19457 | (4357) | 6.34% |
| Las Vegas Sands Corp. | 8325 | (3601) | 5.24% |
| Carnival Corp. | 21926 | (3587) | 5.22% |
| Marriott International Inc./MD | 1794 | (3470) | 5.05% |
| Brightstar Lottery PLC | 33083 | (3283) | 4.78% |
| Wynn Resorts Ltd. | 3958 | (3232) | 4.70% |
| Marriott Vacations Worldwide Corp. | 8063 | (2794) | 4.06% |
| Vail Resorts Inc. | 2840 | (2527) | 3.68% |
| Norwegian Cruise Line Holdings Ltd. | 20471 | (2398) | 3.49% |
| Hyatt Hotels Corp. | 2150 | (2243) | 3.26% |
| Monarch Casino & Resort Inc. | 3573 | (2190) | 3.18% |
| Topgolf Callaway Brands Corp. | 24907 | (2036) | 2.96% |
| Dine Brands Global Inc. | 9481 | (1880) | 2.73% |
| DraftKings Inc. | 8037 | (1691) | 2.46% |
| Airbnb Inc. | 2136 | (1586) | 2.31% |
| Churchill Downs Inc. | 2178 | (1508) | 2.19% |
| Portillo's Inc. | 36175 | (1198) | 1.74% |
| Bloomin' Brands Inc. | 23095 | (1040) | 1.51% |
|  |  |  | 100% |

---

\*\*\* GSUCDHY1 Basket consists of a portfolio of:

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Asbury Automotive Group Inc. | 373426 | $(47664) | 3.70% |
| Ardagh Metal Packaging Finance USA LLC | 373426 | (47664) | 3.70% |
| Aramark Services Inc. | 373426 | (47664) | 3.70% |
| Ball Corporation | 373426 | (47664) | 3.70% |
| Bath & BodyWorks Inc. | 373426 | (47664) | 3.70% |
| 1011778 B.C. Unlimited Liability Company | 373426 | (47664) | 3.70% |
| Builders FirstSource Inc. | 373426 | (47664) | 3.70% |
| Standard Building Solutions Inc. | 373426 | (47664) | 3.70% |
| Mauser Packaging Solutions Holding Company | 373426 | (47664) | 3.70% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Carnival Corp. | 373426 | $(47664) | 3.70% |
| EMRLD Borrower LP | 373426 | (47664) | 3.70% |
| Fertitta Entertainment LLC | 373426 | (47664) | 3.70% |
| GFL Environment Inc. | 373426 | (47664) | 3.70% |
| Chart Industries Inc. | 373426 | (47664) | 3.70% |
| Hilton Domestic Operating Company Inc. | 373426 | (47664) | 3.70% |
| Imola Merger Corp. | 373426 | (47664) | 3.70% |
| Las Vegas Sands Corp. | 373426 | (47664) | 3.70% |
| MGM Resorts International | 373426 | (47664) | 3.70% |
| NCL Corporation Ltd. | 373426 | (47664) | 3.70% |
| Rolls-Royce PLC | 373426 | (47665) | 3.70% |
| Spirit Aerosystems Inc. | 373426 | (47665) | 3.70% |
| Sensata Technologies BV | 373426 | (47665) | 3.70% |
| Transdigm Inc. | 373425 | (47665) | 3.70% |
| Viking Cruises Ltd. | 373425 | (47665) | 3.70% |
| Wesco Distribution Inc. | 373425 | (47665) | 3.70% |
| Wynn Las Vegas LLC | 373425 | (47665) | 3.69% |
| Yum! Brands Inc. | 373425 | (47665) | 3.70% |
| Weatherford International Ltd. | 11192 | (1429) | 0.11% |
|  |  |  | 100% |

---

\*\*\*\* MSHEWSC Basket consists of a portfolio of:

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of**<br> **November 30,**<br> **2025** | **% of the Basket** |
| Comfort Systems USA Inc. | 1083 | $374 | 7.89% |
| United Rentals Inc. | 1226 | 353 | 7.45% |
| Ferguson Enterprises Inc. | 3835 | 340 | 7.20% |
| API Group Corp. | 24071 | 336 | 7.10% |
| SiteOne Landscape Supply Inc. | 5829 | 276 | 5.84% |
| McGrath RentCorp. | 6888 | 250 | 5.30% |
| MasTec Inc. | 3292 | 248 | 5.25% |
| Quanta Services Inc. | 1473 | 241 | 5.11% |
| Ryder System Inc. | 3808 | 232 | 4.92% |
| AECOM | 6253 | 227 | 4.81% |
| MSC Industrial Direct Co., Inc. | 6203 | 194 | 4.12% |
| Genuine Parts Co. | 4010 | 184 | 3.90% |
| Air Lease Corp. | 7787 | 175 | 3.71% |
| Advanced Drainage Systems Inc. | 2741 | 147 | 3.12% |
| Primoris Services Corp. | 2926 | 130 | 2.76% |
| Pitney Bowes Inc. | 37435 | 130 | 2.75% |
| Sensata Technologies Holding PLC | 10134 | 115 | 2.42% |
| Construction Partners Inc. | 2898 | 111 | 2.36% |
| Fluor Corp. | 6927 | 105 | 2.22% |
| Core & Main Inc. | 5806 | 99 | 2.09% |
| Fastenal Co | 6406 | 91 | 1.93% |
| AerCap Holdings NV | 1788 | 84 | 1.79% |
| Atkore Inc. | 2740 | 65 | 1.37% |
| Terex Corp. | 3872 | 63 | 1.33% |
| Stanley Black & Decker Inc. | 2340 | 59 | 1.25% |
| nVent Electric PLC | 1152 | 44 | 0.92% |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (continued)**

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value as of<br> November 30,<br> 2025** | **% of the Basket** |
| Builders FirstSource Inc. | 736 | $29 | 0.62% |
| Trex Co Inc. | 1802 | 22 | 0.47% |
|  |  |  | 100% |

---

At November 30, 2025, Destinations Multi Strategy Alternatives Fund held the following OTC and Centrally Cleared Credit Default Swap Contracts:

**OTC Credit Default Swaps on Indexes - Sell Protection<sup>(1)</sup>** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br> Obligation** | **Fixed<br> Deal<br> Receive<br> Rate**  | **Maturity<br> Date**  | **Payment<br> Frequency<sup>(2)</sup>** | **Counterparty** | **Implied<br> Credit<br> Spread at<br> 11/30/25<sup>(3)</sup>** | **Notional<br> Amounts** | **Notional<br> Amounts** | **Market<br> Value** | **Upfront<br> Premiums<br> Paid/ (Received)** | **Unrealized<br> Appreciation/ <br> (Depreciation)** |
| CDX.NA.HY.35 | 5.000% | 12/20/25 | 3-month | MSCS | 0.944% | USD | 20000000 | $251647 | $651500 | $(399853) |
| CDX.NA.HY.37 | 5.000% | 12/20/26 | 3-month | GSC | 0.202% | USD | 15000000 | 904597 | 1228500 | (323903) |
| CDX.NA.HY.39 | 5.000% | 12/20/27 | 3-month | GSC | 0.803% | USD | 20000000 | 1871829 | 1725000 | 146829 |
| CDX.NA.HY.41 | 5.000% | 12/20/28 | 3-month | GSC | 0.516% | USD | 15000000 | 2114970 | 1945500 | 169470 |
| CDX.NA.HY.45 | 5.000% | 12/20/30 | 3-month | MSCS | 1.761% | USD | 30000000 | 4761588 | 4245900 | 515688 |
| CDX.NA.IG.45 | 1.000% | 12/20/30 | 3-month | MSCS | 2.035% | USD | 20000000 | (904639) | (954000) | 49361 |
| CDX.NA.IG.45 | 1.000% | 12/20/30 | 3-month | GSC | 6.105% | USD | 60000000 | (2713917) | (2964000) | 250083 |
|  |  |  |  |  |  |  |  | $**6286075** | $**5878400** | $**407675** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Multi Strategy Alternatives Fund (concluded)**

(1) If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either: (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

(2) Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues or sovereign issues of on emerging country as of period end serve as indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. A credit spread identified as "Defaulted" indicates a credit event has occurred for the referenced entity or obligation.

(3) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

---

| | | |
|:---|:---|:---|
| Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: |
| GSC | **—** | Goldman Sachs & Co. |
| MSCS | **—** | Morgan Stanley Capital Services LLC |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **SECURITIES SOLD SHORT - 1.3%** | **SECURITIES SOLD SHORT - 1.3%** | **SECURITIES SOLD SHORT - 1.3%** |
| **COMMON STOCKS - 1.3%** | **COMMON STOCKS - 1.3%** | **COMMON STOCKS - 1.3%** |
| **FINANCIAL - 1.3%** | **FINANCIAL - 1.3%** | **FINANCIAL - 1.3%** |
| **Banks - 0.6%** | **Banks - 0.6%** | **Banks - 0.6%** |
| 166000 | Fulton Financial Corp. | $3012900 |
| **Equity Real Estate Investment Trusts (REITs) - 0.7%** | **Equity Real Estate Investment Trusts (REITs) - 0.7%** | **Equity Real Estate Investment Trusts (REITs) - 0.7%** |
| 136031 | VICI Properties Inc., Class A Shares | 3920413 |
|  | **TOTAL FINANCIAL** | **6933313** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Proceeds - $7,064,522) | **6933313** |
|  | **TOTAL SECURITIES SOLD SHORT - 1.3%** |  |
|  | (Proceeds - $7,064,522) | $**6933313** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Municipal Fixed Income Fund**

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Rating††** | **Security** | **Value** |
| **MUNICIPAL BONDS - 95.0%** | **MUNICIPAL BONDS - 95.0%** | **MUNICIPAL BONDS - 95.0%** |  |
| **Alabama - 2.2%** | **Alabama - 2.2%** | **Alabama - 2.2%** |  |
| $550000 | AA | City of Gadsden AL, GO, Series A, 5.000% due 10/1/35 | $632725 |
| 1500000 | AA+ | County of Jefferson AL, Revenue Bonds, 5.000% due 9/15/35 | 1535864 |
| 1500000 | BB+ | Hoover Industrial Development Board, Revenue Bonds, 5.750% due 10/1/49<sup>(a)</sup> | 1520264 |
| 2540000 | A<sup>(b)</sup> | Lower Alabama Gas District, Revenue Bonds, Series Prerefunded 12/1/25 @ 100, 4.000% due 12/1/50<sup>(c)(d)</sup> | 2540000 |
|  |  | Mobile County Board of School Commissioners, Special Tax: |  |
| 260000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 3/1/28 | 261358 |
| 175000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 3/1/29 | 175919 |
| 180000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 3/1/30 | 180951 |
| 185000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 3/1/31 | 185983 |
| 145000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 3/1/32 | 145755 |
| 215000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 3/1/33 | 216081 |
| 1500000 | BBB | Mobile County Industrial Development Authority, Revenue Bonds, Series A, 5.000% due 6/1/54<sup>(a)</sup> | 1454271 |
|  |  | Southeast Energy Authority A Cooperative District, Revenue Bonds: |  |
| 3050000 | Aa3<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 10/1/30 | 3282526 |
| 1000000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series H, 5.000% due 11/1/35<sup>(f)</sup> | 1079271 |
| 1000000 | NR | Tuscaloosa County Industrial Development Authority, Revenue Bonds, Series A, 5.250% due 5/1/44<sup>(g)</sup> | 1002320 |
|  |  | Total Alabama | 14213288 |
| **Arizona - 1.7%** | **Arizona - 1.7%** | **Arizona - 1.7%** |  |
| 1695000 | BB- | Arizona Industrial Development Authority, Revenue Bonds, 5.000% due 7/1/49<sup>(g)</sup> | 1500644 |
| 5000000 | AAA | City of Phoenix Civic Improvement Corp., Revenue Bonds, Series B, 4.000% due 7/1/29 | 5010317 |
|  |  | Maricopa County Industrial Development Authority, Revenue Bonds: |  |
| 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A, 6.250% due 7/1/44<sup>(g)</sup> | 1024380 |
| 800000 | AA- | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 1/1/46<sup>(c)</sup> | 807872 |
| 1350000 | Aa3<sup>(e)</sup> | Maricopa County Special Health Care District, GO, Series D, 4.000% due 7/1/35 | 1405325 |
| 1000000 | NR | Sierra Vista Industrial Development Authority, Revenue Bonds, 5.750% due 6/15/58<sup>(g)</sup> | 999882 |
|  |  | Total Arizona | 10748420 |
| **Arkansas - 0.6%** | **Arkansas - 0.6%** | **Arkansas - 0.6%** |  |
|  |  | Arkansas Development Finance Authority, Revenue Bonds: |  |
| 1000000 | BB+ | &nbsp;&nbsp;&nbsp;4.500% due 9/1/49<sup>(a)(g)</sup> | 968583 |
| 1150000 | BB+ | &nbsp;&nbsp;&nbsp;5.700% due 5/1/53<sup>(a)</sup> | 1172725 |
| 1000000 | NR | City of Osceola AR, Revenue Bonds, 5.500% due 4/1/36<sup>(a)(c)</sup> | 1000248 |
| 500000 | NR | Clarksville Public Educational Facilities Board, Revenue Bonds, Series B, 6.250% due 8/1/49 | 513161 |
|  |  | Total Arkansas | 3654717 |
| **California - 4.2%** | **California - 4.2%** | **California - 4.2%** |  |
| 1000000 | NR | California Community Housing Agency, Revenue Bonds, Series A2, 4.000% due 2/1/50<sup>(g)</sup> | 760968 |
| 1000000 | BBB+ | California Health Facilities Financing Authority, Revenue Bonds, Series A, 5.000% due 12/1/32 | 1112159 |
| 940000 | NR | California Infrastructure & Economic Development Bank, Revenue Bonds, Series B, 12.000% due 1/1/65<sup>(a)(c)</sup> | 799000 |
| 300000 | BB | California Municipal Finance Authority, Revenue Bonds, 6.375% due 6/15/64<sup>(g)</sup> | 316398 |
|  |  | California Public Finance Authority, Revenue Bonds: |  |
| 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A, 6.375% due 6/1/59<sup>(g)</sup> | 955647 |
| 990000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 6.750% due 7/1/65<sup>(g)</sup> | 1059150 |
|  |  | California Statewide Communities Development Authority, Revenue Bonds: |  |
| 2525000 | BB+ | &nbsp;&nbsp;&nbsp;5.500% due 12/1/54 | 2530764 |
| 1000000 | BB+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 12/1/46<sup>(g)</sup> | 1000342 |
| 650000 | AA- | City of Los Angeles Department of Airports, Revenue Bonds, 4.000% due 5/15/38<sup>(a)</sup> | 654313 |
| 1105000 | NR | CMFA Special Finance Agency VII, Revenue Bonds, Series A1, 3.000% due 8/1/56<sup>(g)</sup> | 761592 |
| 1000000 | NR | CMFA Special Finance Agency, Revenue Bonds, Series A, 4.000% due 12/1/45<sup>(g)</sup> | 791145 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Municipal Fixed Income Fund (continued)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **California - (continued)** | **California - (continued)** | **California - (continued)** | **California - (continued)** | **California - (continued)** | **California - (continued)** |
|  |  |  | CSCDA Community Improvement Authority, Revenue Bonds: |  |  |
| $| 1500000 | NR | &nbsp;&nbsp;&nbsp;3.000% due 6/1/47<sup>(g)</sup> | $| 1053312 |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;3.000% due 12/1/56<sup>(g)</sup> |  | 712551 |
|  | 1000000 | NR | Fairfield Community Facilities District, Special Tax, Series A, 5.000% due 9/1/54 |  | 1015334 |
|  | 1260000 | A | Los Angeles Department of Water & Power, Revenue Bonds, Series B, 5.000% due 7/1/34 |  | 1334554 |
|  | 2000000 | WD<sup>(b)</sup> | Silicon Valley Tobacco Securitization Authority, Revenue Bonds, Series A, zero coupon, due 6/1/41 |  | 734303 |
|  | 1345000 | Aa2<sup>(e)</sup> | Southern California Public Power Authority, Revenue Bonds, Series 2, 5.000% due 7/1/53<sup>(c)</sup> |  | 1421088 |
|  |  |  | State of California, GO: |  |  |
|  | 760000 | AA- | &nbsp;&nbsp;&nbsp;4.000% due 3/1/26 |  | 762993 |
|  | 2250000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 9/1/26 |  | 2293749 |
|  | 3335000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 8/1/32 |  | 3857546 |
|  | 435000 | AA- | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 8/1/26 |  | 442514 |
|  | 205000 | AA- | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 8/1/29 |  | 208361 |
|  | 2000000 | AA | University of California, Revenue Bonds, Series CA, 5.000% due 5/15/39 |  | 2324137 |
|  |  |  | Total California |  | 26901920 |
| **Colorado - 2.5%** | **Colorado - 2.5%** | **Colorado - 2.5%** | **Colorado - 2.5%** | **Colorado - 2.5%** | **Colorado - 2.5%** |
|  | 1000000 | AA | Board of Governors of Colorado State University System, Revenue Bonds, Series A, 5.000% due 3/1/43 |  | 1116096 |
|  |  |  | Boulder Larimer & Weld Counties St Vrain Valley School District Re1J, GO: |  |  |
|  | 650000 | AA+ | &nbsp;&nbsp;&nbsp;5.000% due 12/15/29 |  | 713668 |
|  | 775000 | AA+ | &nbsp;&nbsp;&nbsp;5.000% due 12/15/38 |  | 882288 |
|  |  |  | City & County of Denver CO Airport System Revenue, Revenue Bonds: |  |  |
|  | 315000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 12/1/26<sup>(a)</sup> |  | 321517 |
|  | 195000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 11/15/28<sup>(a)</sup> |  | 202557 |
|  | 455000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 11/15/29<sup>(a)</sup> |  | 472690 |
|  | 115000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 11/15/30<sup>(a)</sup> |  | 119418 |
|  | 1000000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 12/1/37<sup>(a)</sup> |  | 1034125 |
|  | 3400000 | AA- | &nbsp;&nbsp;&nbsp;Series D, 5.500% due 11/15/30<sup>(a)</sup> |  | 3808167 |
|  |  |  | Colorado Bridge & Tunnel Enterprise, Revenue Bonds: |  |  |
|  | 500000 | AA | &nbsp;&nbsp;&nbsp;Series A, AGM-Insured, 5.000% due 12/1/41 |  | 553299 |
|  | 1200000 | AA | &nbsp;&nbsp;&nbsp;Series A, AGM-Insured, 5.250% due 12/1/54 |  | 1277566 |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;Series A, AGM-Insured, 5.500% due 12/1/54 |  | 1083849 |
|  | 600000 | BB | Colorado Educational & Cultural Facilities Authority, Revenue Bonds, 5.800% due 4/1/54<sup>(g)</sup> |  | 593054 |
|  | 60000 | NR | Colorado Health Facilities Authority, Revenue Bonds, Series Prerefunded 11/19/26 @ 100, 5.000% due 11/15/49<sup>(c)(d)</sup> |  | 61341 |
|  | 35000 | AA | Colorado Housing & Finance Authority, Revenue Bonds, Series H, 4.250% due 11/1/49 |  | 35329 |
|  | 1330000 | AAA | Regional Transportation District Sales Tax Revenue, Revenue Bonds, Series A, 4.250% due 11/1/36 |  | 1456062 |
|  |  |  | Vauxmont Metropolitan District, GO, AGM-Insured: |  |  |
|  | 125000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 12/15/27 |  | 127612 |
|  | 120000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 12/15/29 |  | 122505 |
|  | 135000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 12/15/31 |  | 137815 |
|  | 1750000 | NR | Village Metropolitan District, GO, 5.000% due 12/1/49 |  | 1700332 |
|  |  |  | Total Colorado |  | 15819290 |
| **Connecticut - 0.7%** | **Connecticut - 0.7%** | **Connecticut - 0.7%** | **Connecticut - 0.7%** | **Connecticut - 0.7%** | **Connecticut - 0.7%** |
|  | 1500000 | AAA | Connecticut State Health & Educational Facilities Authority, Revenue Bonds, Series B2, 5.000% due 7/1/64<sup>(c)</sup> |  | 1703766 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

**Destinations Municipal Fixed Income Fund (continued)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Connecticut - (continued)** | **Connecticut - (continued)** | **Connecticut - (continued)** | **Connecticut - (continued)** | **Connecticut - (continued)** | **Connecticut - (continued)** |
|  |  |  | State of Connecticut, GO: |  |  |
| $| 375000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 4/15/26 | $| 378370 |
|  | 150000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 4/15/30 |  | 161909 |
|  | 170000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 4/15/34 |  | 182155 |
|  | 175000 | AA- | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/15/26 |  | 175510 |
|  | 1150000 | AA- | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 8/15/30 |  | 1275481 |
|  | 100000 | AA- | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 10/15/26 |  | 102122 |
|  | 150000 | AA- | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 10/15/29 |  | 152959 |
|  | 330000 | AA- | University of Connecticut, Revenue Bonds, Series A, 5.000% due 11/1/27 |  | 345881 |
|  |  |  | Total Connecticut |  | 4478153 |
| **District of Columbia - 0.8%** | **District of Columbia - 0.8%** | **District of Columbia - 0.8%** | **District of Columbia - 0.8%** | **District of Columbia - 0.8%** | **District of Columbia - 0.8%** |
|  |  |  | Metropolitan Washington Airports Authority Aviation Revenue, Revenue Bonds: |  |  |
|  | 1820000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 10/1/36<sup>(a)</sup> |  | 1863654 |
|  | 1000000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/35<sup>(a)</sup> |  | 1138103 |
|  |  |  | Washington Metropolitan Area Transit Authority Dedicated Revenue, Revenue Bonds: |  |  |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 7/15/37 |  | 1119561 |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 7/15/38 |  | 1111510 |
|  |  |  | Total District of Columbia |  | 5232828 |
| **Florida - 6.7%** | **Florida - 6.7%** | **Florida - 6.7%** | **Florida - 6.7%** | **Florida - 6.7%** | **Florida - 6.7%** |
|  | 1000000 | NR | Cabot Citrus Farms Community Development District, Special Assessment, 5.250% due 3/1/29 |  | 1011761 |
|  |  |  | Capital Trust Agency Inc., Revenue Bonds: |  |  |
|  | 500000 | BB | &nbsp;&nbsp;&nbsp;6.375% due 5/1/53<sup>(g)</sup> |  | 507662 |
|  | 250000 | NR | &nbsp;&nbsp;&nbsp;Series A, 4.000% due 6/15/29<sup>(g)</sup> |  | 245104 |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 5.000% due 7/1/56<sup>(g)</sup> |  | 888546 |
|  | 1200000 | BB | Capital Trust Authority, Revenue Bonds, Series A, 5.250% due 7/1/55<sup>(g)</sup> |  | 1162294 |
|  | 1000000 | AA- | Central Florida Expressway Authority, Revenue Bonds, Series B, 4.000% due 7/1/36 |  | 1002980 |
|  | 2535000 | AA | City of Jacksonville FL, Revenue Bonds, 5.000% due 10/1/37 |  | 2886946 |
|  | 1500000 | AA- | City Of South Miami Health Facilities Authority Inc., Revenue Bonds, 5.000% due 8/15/42 |  | 1524467 |
|  |  |  | County of Broward FL Airport System Revenue, Revenue Bonds: |  |  |
|  | 120000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/29<sup>(a)</sup> |  | 120162 |
|  | 85000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/31<sup>(a)</sup> |  | 85101 |
|  | 115000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/32<sup>(a)</sup> |  | 115123 |
|  | 1000000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 10/1/29<sup>(a)</sup> |  | 1072259 |
|  |  |  | County of Miami-Dade FL Water & Sewer System Revenue, Revenue Bonds: |  |  |
|  | 4335000 | AA | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 10/1/38 |  | 4375622 |
|  | 10000000 | AA | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 10/1/44 |  | 10349826 |
|  | 600000 | NR | Florida Development Finance Corp., Revenue Bonds, Series A, 6.750% due 6/15/53<sup>(g)</sup> |  | 630436 |
|  |  |  | Florida Higher Educational Facilities Financing Authority, Revenue Bonds: |  |  |
|  | 1600000 | NR | &nbsp;&nbsp;&nbsp;5.000% due 6/1/48<sup>(g)</sup> |  | 1398823 |
|  | 2000000 | BB+ | &nbsp;&nbsp;&nbsp;6.250% due 7/1/55<sup>(g)</sup> |  | 1998379 |
|  |  |  | Hillsborough County Port District, Revenue Bonds: |  |  |
|  | 850000 | A+<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 6/1/33<sup>(a)</sup> |  | 891028 |
|  | 185000 | A+<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 6/1/38<sup>(a)</sup> |  | 192389 |
|  | 750000 | NR | Hobe-St Lucie Conservancy District, Special Assessment, 5.875% due 5/1/55 |  | 768365 |
|  | 500000 | NR | Lakewood Ranch Stewardship District, Special Assessment, 6.300% due 5/1/54 |  | 527596 |
|  |  |  | Lee County Industrial Development Authority, Revenue Bonds: |  |  |
|  | 580000 | A+ | &nbsp;&nbsp;&nbsp;Series 2019A1, 5.000% due 4/1/33 |  | 613912 |
|  | 515000 | A+ | &nbsp;&nbsp;&nbsp;Series 2019A1, 5.000% due 4/1/35 |  | 541858 |
|  | 755000 | A+ | &nbsp;&nbsp;&nbsp;Series 2019A2, 5.000% due 4/1/33<sup>(c)</sup> |  | 755668 |
|  |  |  | Marion County School Board, COP, AGM-Insured: |  |  |
|  | 1950000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 6/1/31 |  | 2169046 |
|  | 2000000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 6/1/37 |  | 2245666 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Florida - (continued)** | **Florida - (continued)** | **Florida - (continued)** | **Florida - (continued)** | **Florida - (continued)** | **Florida - (continued)** |
|  |  |  | Miami-Dade County Expressway Authority, Revenue Bonds: |  |  |
| $| 235000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/40 | $| 236002 |
|  | 85000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/44 |  | 84095 |
|  |  |  | School Board of Miami-Dade County, COP: |  |  |
|  | 570000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 5/1/31 |  | 574378 |
|  | 220000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 8/1/27 |  | 223295 |
|  | 115000 | A+ | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 2/1/29 |  | 115372 |
|  | 190000 | A+ | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 2/1/30 |  | 190598 |
|  | 2625000 | AA+ | Tampa Bay Water, Revenue Bonds, Series A, 5.000% due 10/1/49 |  | 2765092 |
|  | 985000 | NR | Village Community Development District No 12, Special Assessment, 4.250% due 5/1/43 |  | 942061 |
|  |  |  | Total Florida |  | 43211912 |
| **Georgia - 2.2%** | **Georgia - 2.2%** | **Georgia - 2.2%** | **Georgia - 2.2%** | **Georgia - 2.2%** | **Georgia - 2.2%** |
|  |  |  | City of Atlanta GA Water & Wastewater Revenue, Revenue Bonds: |  |  |
|  | 30000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 11/1/27 |  | 30058 |
|  | 70000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 11/1/29 |  | 70136 |
|  | 2000000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 11/1/40 |  | 2002416 |
|  | 335000 | BBB<sup>(b)</sup> | Fayette County Development Authority, Revenue Bonds, 5.000% due 10/1/30 |  | 365100 |
|  | 5040000 | AAA | Forsyth County School District, GO, 5.000% due 2/1/28<sup>(f)</sup> |  | 5298258 |
|  | 1500000 | Aa1<sup>(e)</sup> | Main Street Natural Gas Inc., Revenue Bonds, Series C, 5.000% due 9/1/53<sup>(c)</sup> |  | 1600687 |
|  | 4000000 | AAA | Metropolitan Atlanta Rapid Transit Authority, Revenue Bonds, Series B, 5.000% due 7/1/33 |  | 4652710 |
|  |  |  | Total Georgia |  | 14019365 |
| **Hawaii - 0.8%** | **Hawaii - 0.8%** | **Hawaii - 0.8%** | **Hawaii - 0.8%** | **Hawaii - 0.8%** | **Hawaii - 0.8%** |
|  | 5000000 | Aa2<sup>(e)</sup> | City & County of Honolulu HI, GO, Series C, 4.000% due 10/1/32 |  | 5033940 |
| **Idaho - 0.5%** | **Idaho - 0.5%** | **Idaho - 0.5%** | **Idaho - 0.5%** | **Idaho - 0.5%** | **Idaho - 0.5%** |
|  | 1500000 | NR | Idaho Falls Auditorium District, COP, 5.250% due 5/15/51<sup>(g)</sup> |  | 1429021 |
|  | 1000000 | NR | Idaho Health Facilities Authority, Revenue Bonds, 7.125% due 11/1/57 |  | 1071419 |
|  |  |  | Idaho Housing & Finance Association, Revenue Bonds: |  |  |
|  | 25000 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 4.000% due 1/1/50 |  | 25123 |
|  | 250000 | Aa3<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/15/30 |  | 274565 |
|  | 250000 | Aa3<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/15/31 |  | 279617 |
|  |  |  | Total Idaho |  | 3079745 |
| **Illinois - 4.4%** | **Illinois - 4.4%** | **Illinois - 4.4%** | **Illinois - 4.4%** | **Illinois - 4.4%** | **Illinois - 4.4%** |
|  |  |  | Chicago Board of Education, GO: |  |  |
|  | 1040000 | BB+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 12/1/47 |  | 927189 |
|  | 1500000 | BB+ | &nbsp;&nbsp;&nbsp;Series A, 5.750% due 12/1/50 |  | 1466915 |
|  |  |  | Chicago O'Hare International Airport, Revenue Bonds: |  |  |
|  | 1635000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/1/41 |  | 1635916 |
|  | 1000000 | A+ | &nbsp;&nbsp;&nbsp;Series D, 5.250% due 1/1/42 |  | 1013465 |
|  | 1000000 | AA | City of Aurora IL, GO, Series C, 5.000% due 12/30/42 |  | 1068530 |
|  | 1100000 | BBB | City of Chicago IL, GO, Series E, 6.000% due 1/1/42 |  | 1200306 |
|  |  |  | County of Cook IL Sales Tax Revenue, Revenue Bonds: |  |  |
|  | 980000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 11/15/41 |  | 1052714 |
|  | 980000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 11/15/42 |  | 1043652 |
|  | 675000 | AA+ | DuPage & Cook Counties Community Unit School District No 205 Elmhurst, GO, Series B, 5.000% due 1/1/28<sup>(f)</sup> |  | 705023 |
|  | 5000 | NR | Grundy & Will Counties Community Unit School District No 1 Coal City, GO, Series Prerefunded 2/1/27 @ 100, 5.000% due 2/1/29<sup>(d)</sup> |  | 5132 |
|  |  |  | Illinois Finance Authority, Revenue Bonds: |  |  |
|  | 870000 | AA- | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 1/1/28 @ 100, 5.000% due 1/1/38<sup>(d)</sup> |  | 915421 |
|  | 1300000 | AA- | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 1/1/28 @ 100, 5.000% due 1/1/44<sup>(d)</sup> |  | 1367871 |
|  | 255000 | Aa3<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 7/1/26 @ 100, 5.000% due 7/1/36<sup>(d)</sup> |  | 258727 |
|  | 95000 | WD<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 8/15/26 @ 100, 5.000% due 8/15/33<sup>(d)</sup> |  | 96679 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Illinois - (continued)** | **Illinois - (continued)** | **Illinois - (continued)** | **Illinois - (continued)** | **Illinois - (continued)** | **Illinois - (continued)** |
| $| 20000 | NR | &nbsp;&nbsp;&nbsp;Series C, Prerefunded 2/15/27 @ 100, 4.000% due 2/15/41<sup>(d)</sup> | $| 20369 |
|  | 170000 | AA- | &nbsp;&nbsp;&nbsp;Series Prerefunded 1/1/27 @ 100, 5.000% due 1/1/36<sup>(d)</sup> |  | 174627 |
|  |  |  | Illinois State Toll Highway Authority, Revenue Bonds: |  |  |
|  | 1535000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 1/1/42 |  | 1568918 |
|  | 1500000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 1/1/45 |  | 1555209 |
|  | 2000000 | AA- | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/1/40 |  | 2001948 |
|  | 1045000 | Aa1<sup>(e)</sup> | Maine Township High School District No 207, GO, Series 2022, 4.000% due 12/1/25 |  | 1045000 |
|  | 2880000 | A | State of Illinois Sales Tax Revenue, Revenue Bonds, Series A, 5.000% due 6/15/28 |  | 3027726 |
|  |  |  | State of Illinois, GO: |  |  |
|  | 195000 | A- | &nbsp;&nbsp;&nbsp;5.000% due 2/1/27 |  | 199479 |
|  | 180000 | A- | &nbsp;&nbsp;&nbsp;5.000% due 2/1/28 |  | 184133 |
|  | 2980000 | A- | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 5/1/32 |  | 3323249 |
|  | 390000 | A- | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 11/1/26 |  | 397244 |
|  | 1500000 | A- | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 7/1/32 |  | 1675480 |
|  | 165000 | AA | Will County Community Unit School District No 365-U Valley View, GO, Series B, AGM-Insured, zero coupon, due 11/1/26 |  | 160837 |
|  |  |  | Total Illinois |  | 28091759 |
| **Indiana - 2.0%** | **Indiana - 2.0%** | **Indiana - 2.0%** | **Indiana - 2.0%** | **Indiana - 2.0%** | **Indiana - 2.0%** |
|  | 3750000 | AA | Carmel Redevelopment Authority, Revenue Bonds, Series B, 5.000% due 7/15/35 |  | 4171591 |
|  | 105000 | Aaa<sup>(e)</sup> | Indiana Housing & Community Development Authority, Revenue Bonds, Series B, 3.500% due 1/1/49 |  | 104663 |
|  |  |  | Indianapolis Local Public Improvement Bond Bank, Revenue Bonds: |  |  |
|  | 550000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 1/1/35<sup>(a)</sup> |  | 602072 |
|  | 550000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.250% due 1/1/36<sup>(a)</sup> |  | 606193 |
|  | 600000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.250% due 1/1/37<sup>(a)</sup> |  | 657361 |
|  | 1250000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.250% due 1/1/38<sup>(a)</sup> |  | 1361426 |
|  | 1895000 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series 202, 6.000% due 1/15/41 |  | 2163401 |
|  | 2115000 | AA+ | Peru Multi-School Building Corp., Revenue Bonds, 5.000% due 7/15/43<sup>(f)</sup> |  | 2241352 |
|  | 580000 | AA | Warrick County Industrial Building Corp., Revenue Bonds, 5.000% due 8/1/32 |  | 645531 |
|  |  |  | Total Indiana |  | 12553590 |
| **Iowa - 1.8%** | **Iowa - 1.8%** | **Iowa - 1.8%** | **Iowa - 1.8%** | **Iowa - 1.8%** | **Iowa - 1.8%** |
|  | 1000000 | Aa1<sup>(e)</sup> | City of Cedar Rapids IA, GO, Series A, 5.000% due 6/1/40 |  | 1077191 |
|  | 1000000 | Aaa<sup>(e)</sup> | City of West Des Moines IA, GO, Series A, 5.000% due 6/1/32 |  | 1143679 |
|  | 1000000 | AAA | County of Polk IA, GO, Series A, 5.000% due 6/1/38<sup>(a)</sup> |  | 1083586 |
|  | 2000000 | BBB+ | Iowa Finance Authority, Revenue Bonds, 4.750% due 8/1/42 |  | 2000020 |
|  | 6440000 | A3<sup>(e)</sup> | PEFA Inc., Revenue Bonds, 5.000% due 9/1/49<sup>(c)</sup> |  | 6506838 |
|  |  |  | Total Iowa |  | 11811314 |
| **Kansas - 0.2%** | **Kansas - 0.2%** | **Kansas - 0.2%** | **Kansas - 0.2%** | **Kansas - 0.2%** | **Kansas - 0.2%** |
|  | 1000000 | NR | City of Colby KS, Revenue Bonds, 5.500% due 7/1/26 |  | 1000385 |
|  | 250000 | NR | City of Garden City KS, Revenue Bonds, 5.375% due 6/1/39<sup>(g)</sup> |  | 252747 |
|  | 20000 | SP-1+ | City of Maize KS, GO, Series B, 4.000% due 10/1/26 |  | 20001 |
|  |  |  | Total Kansas |  | 1273133 |
| **Kentucky - 1.1%** | **Kentucky - 1.1%** | **Kentucky - 1.1%** | **Kentucky - 1.1%** | **Kentucky - 1.1%** | **Kentucky - 1.1%** |
|  | 2200000 | AA- | Fayette County School District Finance Corp., Revenue Bonds, 5.000% due 6/1/43 |  | 2310551 |
|  | 500000 | Baa2<sup>(e)</sup> | Kentucky Public Energy Authority, Revenue Bonds, Series B, 5.000% due 12/1/33 |  | 522987 |
|  |  |  | Kentucky State Property & Building Commission, Revenue Bonds: |  |  |
|  | 160000 | A | &nbsp;&nbsp;&nbsp;5.000% due 4/1/27 |  | 165060 |
|  | 145000 | A | &nbsp;&nbsp;&nbsp;5.000% due 5/1/28 |  | 152930 |
|  | 165000 | A | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 2/1/26 @ 100, 5.000% due 2/1/29<sup>(d)</sup> |  | 165623 |
|  | 170000 | A | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 2/1/26 @ 100, 5.000% due 2/1/30<sup>(d)</sup> |  | 170642 |
|  | 1795000 | A | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 11/1/26 |  | 1834068 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Kentucky - (continued)** | **Kentucky - (continued)** | **Kentucky - (continued)** | **Kentucky - (continued)** | **Kentucky - (continued)** | **Kentucky - (continued)** |
| $| 2000000 | AA | Louisville & Jefferson County Metropolitan Sewer District, Revenue Bonds, Series A, 3.000% due 5/15/44 | $| 1631650 |
|  |  |  | Total Kentucky |  | 6953511 |
| **Louisiana - 2.9%** | **Louisiana - 2.9%** | **Louisiana - 2.9%** | **Louisiana - 2.9%** | **Louisiana - 2.9%** | **Louisiana - 2.9%** |
|  | 2505000 | AA | City of Lafayette LA Utilities Revenue, Revenue Bonds, 5.000% due 11/1/42 |  | 2694253 |
|  | 265000 | AA+ | Lafayette Parish School Board Sale Tax Revenue, Revenue Bonds, 5.000% due 4/1/37 |  | 297052 |
|  |  |  | Louisiana Local Government Environmental Facilities & Community Development Authority, Revenue Bonds: |  |  |
|  | 1500000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 10/1/26 |  | 1527668 |
|  | 2800000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 8/15/37 |  | 2863415 |
|  | 1000000 | NR | Louisiana Public Facilities Authority, Revenue Bonds, 6.000% due 6/15/59<sup>(g)</sup> |  | 1003238 |
|  | 1000000 | A2<sup>(e)</sup> | St John the Baptist Parish School District No 1, GO, 5.250% due 3/1/37 |  | 1091878 |
|  |  |  | State of Louisiana, GO: |  |  |
|  | 3350000 | AA | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 9/1/31 |  | 3788861 |
|  | 4835000 | AA | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 9/1/33 |  | 5607069 |
|  |  |  | Total Louisiana |  | 18873434 |
| **Maine - 0.4%** | **Maine - 0.4%** | **Maine - 0.4%** | **Maine - 0.4%** | **Maine - 0.4%** | **Maine - 0.4%** |
|  | 2500000 | AA+ | Maine State Housing Authority, Revenue Bonds, Series B, 3.150% due 11/15/39 |  | 2307995 |
| **Maryland - 1.8%** | **Maryland - 1.8%** | **Maryland - 1.8%** | **Maryland - 1.8%** | **Maryland - 1.8%** | **Maryland - 1.8%** |
|  | 5805000 | AAA | County of Prince George's MD, GO, Series A, 5.000% due 7/15/29 |  | 6164124 |
|  |  |  | Maryland Community Development Administration, Revenue Bonds: |  |  |
|  | 120000 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 9/1/49 |  | 121108 |
|  | 110000 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series C, 3.500% due 3/1/50 |  | 109633 |
|  | 320000 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 9/1/28 |  | 337606 |
|  | 2000000 | NR | Maryland Economic Development Corp., Special Tax, 4.000% due 9/1/50 |  | 1706644 |
|  | 3000000 | AAA | State of Maryland Department of Transportation, Revenue Bonds, 3.500% due 10/1/33 |  | 3006673 |
|  |  |  | Total Maryland |  | 11445788 |
| **Massachusetts - 2.3%** | **Massachusetts - 2.3%** | **Massachusetts - 2.3%** | **Massachusetts - 2.3%** | **Massachusetts - 2.3%** | **Massachusetts - 2.3%** |
|  |  |  | Commonwealth of Massachusetts, GO: |  |  |
|  | 1250000 | AA+ | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 8/1/41 |  | 1404628 |
|  | 1500000 | AA+ | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 11/1/45 |  | 1582502 |
|  | 2665000 | AA+ | Massachusetts Bay Transportation Authority Sales Tax Revenue, Revenue Bonds, Series B, 5.000% due 7/1/38 |  | 3082112 |
|  |  |  | Massachusetts Development Finance Agency, Revenue Bonds: |  |  |
|  | 1500000 | AA- | &nbsp;&nbsp;&nbsp;4.000% due 4/1/41 |  | 1493663 |
|  | 1000000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 7/1/35 |  | 1011165 |
|  | 1290000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 4.000% due 7/15/36 |  | 1290023 |
|  | 500000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 11/1/55<sup>(c)</sup> |  | 589606 |
|  | 1000000 | AA+ | &nbsp;&nbsp;&nbsp;Series N, 5.000% due 7/1/42<sup>(f)</sup> |  | 1110352 |
|  | 500000 | AA | Massachusetts Port Authority, Revenue Bonds, Series E, 5.000% due 7/1/31<sup>(a)</sup> |  | 550102 |
|  | 250000 | AA | Massachusetts School Building Authority, Revenue Bonds, Series B, 5.000% due 2/15/38 |  | 297631 |
|  | 1700000 | AA+ | Massachusetts Water Resources Authority, Revenue Bonds, AGM-Insured, Series B, 5.250% due 8/1/38 |  | 2084838 |
|  |  |  | Total Massachusetts |  | 14496622 |
| **Michigan - 1.2%** | **Michigan - 1.2%** | **Michigan - 1.2%** | **Michigan - 1.2%** | **Michigan - 1.2%** | **Michigan - 1.2%** |
|  | 160000 | AA | City of Detroit MI Sewage Disposal System Revenue, Revenue Bonds, AGM-Insured, Series D, 3.445% due 7/1/32<sup>(c)</sup> |  | 158410 |
|  | 495000 | AA- | Michigan State Building Authority, Revenue Bonds, Series I, 5.000% due 10/15/34 |  | 504355 |
|  | 4870000 | AA+ | Michigan State Housing Development Authority, Revenue Bonds, Series A, 3.700% due 4/1/30 |  | 4873647 |
|  | 1295000 | Aa1<sup>(e)</sup> | Thornapple Kellogg School District, GO, 5.000% due 5/1/43 |  | 1352019 |
|  | 700000 | A+ | Wayne County Airport Authority, Revenue Bonds, Series D, 5.000% due 12/1/32<sup>(a)</sup> |  | 773278 |
|  |  |  | Total Michigan |  | 7661709 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Rating††** | **Security** | **Value** | |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Minnesota - 2.0%** | **Minnesota - 2.0%** | **Minnesota - 2.0%** | **Minnesota - 2.0%** | **Minnesota - 2.0%** |
|  |  | Metropolitan Council, GO: |  | |
| $2000000 | AAA | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 12/1/27 | $2095575 | |
| 2500000 | AAA | &nbsp;&nbsp;&nbsp;Series I, 3.000% due 3/1/27 | 2500354 | |
| 5000000 | AAA | State of Minnesota, GO, Series A, 5.000% due 8/1/37 | 5261859 | |
| 2850000 | Aa1<sup>(e)</sup> | Willmar Independent School District No 347, GO, Series A, 5.000% due 2/1/28 | 2992470 | |
|  |  | Total Minnesota | 12850258 | |
| **Mississippi - 0.7%** | **Mississippi - 0.7%** | **Mississippi - 0.7%** | **Mississippi - 0.7%** | **Mississippi - 0.7%** |
|  |  | State of Mississippi, GO: |  | |
| 160000 | AA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/30 | 166856 | |
| 4000000 | AA | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 10/1/35 | 4220699 | |
|  |  | Total Mississippi | 4387555 | |
| **Missouri - 1.3%** | **Missouri - 1.3%** | **Missouri - 1.3%** | **Missouri - 1.3%** | **Missouri - 1.3%** |
| 2550000 | AA+ | Grain Valley No R-V School District, GO, Series A, 5.000% due 3/1/35 | 2674720 | |
| 350000 | NR | Kansas City Industrial Development Authority, Revenue Bonds, Series A1, 5.000% due 6/1/54<sup>(g)</sup> | 331372 | |
| 2500000 | AAA | Metropolitan St Louis Sewer District, Revenue Bonds, Series A, 5.000% due 5/1/37 | 2560186 | |
| 2100000 | AA- | Missouri Development Finance Board, Revenue Bonds, 5.500% due 5/1/41 | 2277497 | |
|  |  | Missouri Housing Development Commission, Revenue Bonds: |  | |
| 35000 | AA+ | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 5/1/50 | 35158 | |
| 525000 | AA+ | &nbsp;&nbsp;&nbsp;Series F, 3.650% due 11/1/33 | 528976 | |
|  |  | Total Missouri | 8407909 | |
| **Montana - 0.4%** | **Montana - 0.4%** | **Montana - 0.4%** | **Montana - 0.4%** | **Montana - 0.4%** |
| 1000000 | AA | Lewis & Clark County High School District No 1 Helena, GO, 5.000% due 7/1/43<sup>(f)</sup> | 1085262 | |
| 15000 | AA+ | Montana Board of Housing, Revenue Bonds, Series B, 4.000% due 6/1/50 | 15090 | |
| 1390000 | AA | Yellowstone & Carbon Counties School District No 7-70 Laurel, GO, 5.000% due 7/1/42 | 1499110 | |
|  |  | Total Montana | 2599462 | |
| **Nebraska - 0.9%** | **Nebraska - 0.9%** | **Nebraska - 0.9%** | **Nebraska - 0.9%** | **Nebraska - 0.9%** |
| 340000 | A | Douglas County Hospital Authority No 3, Revenue Bonds, 5.250% due 11/1/43 | 368503 | |
|  |  | Nebraska Investment Finance Authority, Revenue Bonds: |  | |
| 60000 | AAA | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 9/1/49<sup>(a)</sup> | 60058 | |
| 45000 | AAA | &nbsp;&nbsp;&nbsp;Series E, 3.750% due 9/1/49<sup>(a)</sup> | 44929 | |
|  |  | Nebraska Public Power District, Revenue Bonds: |  | |
| 115000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/1/31 | 115177 | |
| 125000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/1/34 | 125163 | |
| 155000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/1/36 | 155171 | |
|  |  | Public Power Generation Agency, Revenue Bonds: |  | |
| 1815000 | A2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 1/1/41 | 1826977 | |
| 1885000 | A2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 1/1/27 | 1932237 | |
| 1000000 | Aa3<sup>(e)</sup> | Ralston Public Schools, GO, 5.000% due 12/15/43 | 1061630 | |
|  |  | Total Nebraska | 5689845 | |
| **Nevada - 1.0%** | **Nevada - 1.0%** | **Nevada - 1.0%** | **Nevada - 1.0%** | **Nevada - 1.0%** |
| 1520000 | AAA | Clark County Water Reclamation District, GO, 4.000% due 7/1/35 | 1520759 | |
|  |  | County of Clark NV, GO: |  | |
| 2750000 | AAA | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 11/1/34 | 2768044 | |
| 2000000 | AAA | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 12/1/39 | 2022852 | |
| 30000 | AA+ | Nevada Housing Division, Revenue Bonds, Series B, 4.000% due 10/1/49 | 30120 | |
|  |  | Total Nevada | 6341775 | |
| **New Jersey - 2.8%** | **New Jersey - 2.8%** | **New Jersey - 2.8%** | **New Jersey - 2.8%** | **New Jersey - 2.8%** |
| 1000000 | A | New Jersey Economic Development Authority, Revenue Bonds, Series EEE, 5.000% due 6/15/30 | 1066985 | |
|  |  | New Jersey Educational Facilities Authority, Revenue Bonds: |  | |
| 1000000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/64<sup>(c)</sup> | 1110477 | |
| 1315000 | AAA | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 3/1/28 | 1389492 | |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **New Jersey - (continued)** | **New Jersey - (continued)** | **New Jersey - (continued)** | **New Jersey - (continued)** | **New Jersey - (continued)** | **New Jersey - (continued)** |
| $| 1000000 | A | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, 5.000% due 9/15/32 | $| 1133052 |
|  |  |  | New Jersey Transportation Trust Fund Authority, Revenue Bonds: |  |  |
|  | 1320000 | A | &nbsp;&nbsp;&nbsp;5.000% due 12/15/28 |  | 1410039 |
|  | 870000 | A | &nbsp;&nbsp;&nbsp;Series A, zero coupon, due 12/15/27 |  | 818802 |
|  | 195000 | A | &nbsp;&nbsp;&nbsp;Series A, zero coupon, due 12/15/28 |  | 177950 |
|  | 895000 | A | &nbsp;&nbsp;&nbsp;Series A, 4.000% due 6/15/39 |  | 899504 |
|  | 220000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 12/15/33 |  | 232965 |
|  | 5580000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 6/15/36 |  | 6375561 |
|  | 675000 | A | &nbsp;&nbsp;&nbsp;Series AA, 5.000% due 6/15/33 |  | 771970 |
|  | 1050000 | A | &nbsp;&nbsp;&nbsp;Series AA, 5.000% due 6/15/40 |  | 1114597 |
|  | 1770000 | A | &nbsp;&nbsp;&nbsp;Series BB, 5.000% due 6/15/44 |  | 1810286 |
|  |  |  | Total New Jersey |  | 18311680 |
| **New Mexico - 0.0%** | **New Mexico - 0.0%** | **New Mexico - 0.0%** | **New Mexico - 0.0%** | **New Mexico - 0.0%** | **New Mexico - 0.0%** |
|  | 85000 | Aa1<sup>(e)</sup> | New Mexico Mortgage Finance Authority, Revenue Bonds, Series D, 3.750% due 1/1/50 |  | 85035 |
| **New York - 10.6%** | **New York - 10.6%** | **New York - 10.6%** | **New York - 10.6%** | **New York - 10.6%** | **New York - 10.6%** |
|  | 1430000 | Ba1<sup>(e)</sup> | Brooklyn Arena Local Development Corp., Revenue Bonds, zero coupon, due 7/15/46<sup>(h)</sup> |  | 494609 |
|  | 1650000 | BBB+ | Build NYC Resource Corp., Revenue Bonds, 5.500% due 7/1/55<sup>(a)</sup> |  | 1714604 |
|  |  |  | City of New York NY, GO: |  |  |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 8/1/40 |  | 1088769 |
|  | 2500000 | AA | &nbsp;&nbsp;&nbsp;Series B1, 5.000% due 12/1/41 |  | 2524306 |
|  | 500000 | AA | &nbsp;&nbsp;&nbsp;Series B1, 5.250% due 10/1/41 |  | 541983 |
|  | 3000000 | AA | &nbsp;&nbsp;&nbsp;Series C1, 5.000% due 8/1/31 |  | 3299611 |
|  | 3425000 | AA | &nbsp;&nbsp;&nbsp;Series D1, 5.000% due 12/1/34 |  | 3603557 |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;Series F1, 5.000% due 4/1/43 |  | 1018251 |
|  |  |  | Empire State Development Corp., Revenue Bonds: |  |  |
|  | 1000000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 3.000% due 3/15/50 |  | 740223 |
|  | 3500000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 3/15/38 |  | 3576643 |
|  | 1780000 | AA | Metropolitan Transportation Authority Dedicated Tax Fund, Revenue Bonds, Series A, 5.250% due 11/15/27 |  | 1822639 |
|  |  |  | Metropolitan Transportation Authority, Revenue Bonds: |  |  |
|  | 245000 | A | &nbsp;&nbsp;&nbsp;Series A2, 5.000% due 11/15/29 |  | 251635 |
|  | 270000 | A | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 11/15/30 |  | 275442 |
|  | 290000 | A | &nbsp;&nbsp;&nbsp;Series C1, 5.000% due 11/15/27 |  | 295716 |
|  | 300000 | A | &nbsp;&nbsp;&nbsp;Series C1, 5.000% due 11/15/31 |  | 315798 |
|  | 370000 | A3<sup>(e)</sup> | MTA Hudson Rail Yards Trust Obligations, Revenue Bonds, Series A, 5.000% due 11/15/51 |  | 369844 |
|  | 250000 | CCC+ | Nassau County Tobacco Settlement Corp., Revenue Bonds, Series A3, 5.000% due 6/1/35 |  | 201566 |
|  |  |  | New York City Municipal Water Finance Authority, Revenue Bonds: |  |  |
|  | 1000000 | AA+ | &nbsp;&nbsp;&nbsp;5.000% due 6/15/41 |  | 1059566 |
|  | 2430000 | AA+ | &nbsp;&nbsp;&nbsp;Series DD, 5.000% due 6/15/28 |  | 2582649 |
|  | 1945000 | AA+ | &nbsp;&nbsp;&nbsp;Series EE, 5.000% due 6/15/45 |  | 1982909 |
|  | 1500000 | AA | New York City Transitional Finance Authority Building Aid Revenue, Revenue Bonds, Series S2, 5.000% due 7/15/37 |  | 1737512 |
|  |  |  | New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds: |  |  |
|  | 3200000 | AAA | &nbsp;&nbsp;&nbsp;Series A1, 5.000% due 8/1/41 |  | 3435028 |
|  | 2185000 | AAA | &nbsp;&nbsp;&nbsp;Series A1, 5.000% due 8/1/43 |  | 2304457 |
|  | 275000 | AAA | &nbsp;&nbsp;&nbsp;Series C2, 5.000% due 5/1/32 |  | 289305 |
|  | 1000000 | AAA | &nbsp;&nbsp;&nbsp;Series C3, 5.000% due 5/1/41 |  | 1032117 |
|  | 1600000 | AAA | &nbsp;&nbsp;&nbsp;Series F1, 5.000% due 2/1/41 |  | 1727279 |
|  | 1000000 | NR | New York Liberty Development Corp., Revenue Bonds, 5.000% due 11/15/44<sup>(g)</sup> |  | 999997 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **New York - (continued)** | **New York - (continued)** | **New York - (continued)** | **New York - (continued)** | **New York - (continued)** | **New York - (continued)** |
|  |  |  | New York State Dormitory Authority, Revenue Bonds: |  |  |
| $| 1000000 | B | &nbsp;&nbsp;&nbsp;4.000% due 7/1/45 | $| 804239 |
|  | 1000000 | BBB- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/15/42 |  | 1013129 |
|  | 3000000 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 5.250% due 3/15/38 |  | 3157972 |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;Series K, 3.000% due 10/1/31 |  | 981400 |
|  | 1000000 | AAA | New York State Environmental Facilities Corp., Revenue Bonds, Series C, 5.250% due 6/15/43 |  | 1121265 |
|  |  |  | New York State Housing Finance Agency, Revenue Bonds: |  |  |
|  | 925000 | Aa2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series B2, 3.600% due 11/1/64<sup>(c)</sup> |  | 930468 |
|  | 1225000 | Aa2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series D2, 3.375% due 5/1/65<sup>(c)</sup> |  | 1220690 |
|  |  |  | New York Transportation Development Corp., Revenue Bonds: |  |  |
|  | 2000000 | Baa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 12/1/36<sup>(a)</sup> |  | 2143390 |
|  | 2500000 | Baa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 12/1/37<sup>(a)</sup> |  | 2661226 |
|  | 1500000 | BBB- | &nbsp;&nbsp;&nbsp;5.625% due 4/1/40<sup>(a)</sup> |  | 1575595 |
|  | 1500000 | BBB- | &nbsp;&nbsp;&nbsp;6.000% due 4/1/35<sup>(a)</sup> |  | 1655390 |
|  | 1585000 | Baa3<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;6.000% due 6/30/50<sup>(a)</sup> |  | 1698919 |
|  | 1500000 | B- | Niagara Area Development Corp., Revenue Bonds, Series A, 4.750% due 11/1/42<sup>(a)(g)</sup> |  | 1344426 |
|  |  |  | Port Authority of New York & New Jersey, Revenue Bonds: |  |  |
|  | 4000000 | AA- | &nbsp;&nbsp;&nbsp;Series 249, 5.000% due 10/15/29<sup>(a)</sup> |  | 4283997 |
|  | 2250000 | AA- | &nbsp;&nbsp;&nbsp;Series 249, 5.000% due 10/15/31<sup>(a)</sup> |  | 2485144 |
|  | 35000 | Aa1<sup>(e)</sup> | State of New York Mortgage Agency Homeowner Mortgage Revenue, Revenue Bonds, Series 221, 3.500% due 10/1/32<sup>(a)</sup> |  | 34832 |
|  | 1500000 | NR | TSASC Inc., Revenue Bonds, 5.000% due 6/1/48 |  | 1319469 |
|  |  |  | Total New York |  | 67717566 |
| **North Carolina - 1.3%** | **North Carolina - 1.3%** | **North Carolina - 1.3%** | **North Carolina - 1.3%** | **North Carolina - 1.3%** | **North Carolina - 1.3%** |
|  | 615000 | Aa3<sup>(e)</sup> | City of Charlotte NC Airport Revenue, Revenue Bonds, Series B, 5.000% due 7/1/34<sup>(a)</sup> |  | 696191 |
|  | 2890000 | AA | City of Fayetteville NC Public Works Commission Revenue, Revenue Bonds, 4.000% due 3/1/55 |  | 2726345 |
|  |  |  | County of Wake NC, Revenue Bonds: |  |  |
|  | 1210000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 5/1/28 |  | 1280552 |
|  | 1470000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 5/1/41 |  | 1642757 |
|  | 1725000 | Aa1<sup>(e)</sup> | North Carolina Turnpike Authority, Revenue Bonds, 5.000% due 1/1/34 |  | 2011138 |
|  | 105000 | Aa3<sup>(e)</sup> | Raleigh Durham Airport Authority, Revenue Bonds, Series A, 5.000% due 5/1/29<sup>(a)</sup> |  | 111796 |
|  |  |  | Total North Carolina |  | 8468779 |
| **Ohio - 1.7%** | **Ohio - 1.7%** | **Ohio - 1.7%** | **Ohio - 1.7%** | **Ohio - 1.7%** | **Ohio - 1.7%** |
|  | 3945000 | NR | Buckeye Tobacco Settlement Financing Authority, Revenue Bonds, Series B2, 5.000% due 6/1/55 |  | 3321935 |
|  | 1000000 | BB+ | Cleveland-Cuyahoga County Port Authority, Revenue Bonds, 5.500% due 12/1/43 |  | 1011632 |
|  | 5000 | NR | Columbus City School District, GO, Series Prerefunded 6/1/26 @ 100, 5.000% due 12/1/32<sup>(d)</sup> |  | 5055 |
|  | 1000000 | Aa2<sup>(e)</sup> | County of Franklin OH, Revenue Bonds, Series A, 5.250% due 11/1/55<sup>(f)</sup> |  | 1056798 |
|  | 140000 | BB+ | County of Muskingum OH, Revenue Bonds, 5.000% due 2/15/44 |  | 139045 |
|  | 1000000 | NR | County of Washington OH, Revenue Bonds, 6.625% due 12/1/42 |  | 1061985 |
|  |  |  | Jefferson County Port Authority, Revenue Bonds: |  |  |
|  | 1000000 | Ba1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;3.500% due 12/1/51<sup>(a)(g)</sup> |  | 828767 |
|  | 1000000 | Ba1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 12/1/53<sup>(a)(c)(g)</sup> |  | 1024703 |
|  | 1250000 | CCC+ | Ohio Air Quality Development Authority, Revenue Bonds, 5.000% due 7/1/49<sup>(a)(g)</sup> |  | 1137704 |
|  | 30000 | Aa1<sup>(e)</sup> | Ohio Housing Finance Agency, Revenue Bonds, Series B, 4.500% due 3/1/50 |  | 30287 |
|  | 1000000 | A | State of Ohio, Revenue Bonds, Series A, 5.000% due 1/15/29 |  | 1056211 |
|  |  |  | Total Ohio |  | 10674122 |
| **Oklahoma - 2.1%** | **Oklahoma - 2.1%** | **Oklahoma - 2.1%** | **Oklahoma - 2.1%** | **Oklahoma - 2.1%** | **Oklahoma - 2.1%** |
|  |  |  | Creek County Educational Facilities Authority, Revenue Bonds: |  |  |
|  | 850000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 9/1/38 |  | 945517 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Oklahoma - (continued)** | **Oklahoma - (continued)** | **Oklahoma - (continued)** | **Oklahoma - (continued)** | **Oklahoma - (continued)** |
| $| 800000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 9/1/39 | 882939 |
|  | 1150000 | AA | &nbsp;&nbsp;&nbsp;5.000% due 9/1/40 | 1251595 |
|  | 1000000 | Aa3<sup>(e)</sup> | Oklahoma County Independent School District No 52 Midwest City-Del City, GO, 4.000% due 7/1/28 | 1032324 |
|  | 2500000 | AA | Oklahoma County Independent School District No 89 Oklahoma City, GO, Series A, 1.250% due 7/1/26 | 2477628 |
|  |  |  | Oklahoma Development Finance Authority, Revenue Bonds: |  |
|  | 2000000 | BB+ | &nbsp;&nbsp;&nbsp;Series B, 5.500% due 8/15/52 | 2007775 |
|  | 1170000 | BB+ | &nbsp;&nbsp;&nbsp;Series B, 5.500% due 8/15/57 | 1172216 |
|  | 1000000 | AA- | Oklahoma Industries Authority, Revenue Bonds, 5.000% due 4/1/31 | 1113618 |
|  | 2155000 | AAA | Oklahoma Water Resources Board, Revenue Bonds, 5.000% due 4/1/38 | 2466705 |
|  |  |  | Total Oklahoma | 13350317 |
| **Oregon - 0.4%** | **Oregon - 0.4%** | **Oregon - 0.4%** | **Oregon - 0.4%** | **Oregon - 0.4%** |
|  | 750000 | AA | City of Tigard OR Water Revenue, Revenue Bonds, 5.000% due 8/1/43 | 817991 |
|  |  |  | Port of Portland OR Airport Revenue, Revenue Bonds: |  |
|  | 300000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 7/1/28<sup>(a)</sup> | 315790 |
|  | 165000 | AA- | &nbsp;&nbsp;&nbsp;5.000% due 7/1/29 | 173497 |
|  | 205000 | AA- | &nbsp;&nbsp;&nbsp;Series 24B, 5.000% due 7/1/32<sup>(a)</sup> | 208598 |
|  | 1275000 | Aa2<sup>(e)</sup> | State of Oregon Housing & Community Services Department, Revenue Bonds, Series D, 3.800% due 7/1/34 | 1278819 |
|  |  |  | Total Oregon | 2794695 |
| **Pennsylvania - 3.2%** | **Pennsylvania - 3.2%** | **Pennsylvania - 3.2%** | **Pennsylvania - 3.2%** | **Pennsylvania - 3.2%** |
|  | 1000000 | BBB+ | Bucks County Industrial Development Authority, Revenue Bonds, 4.000% due 7/1/51 | 838761 |
|  |  |  | City of Philadelphia PA, GO: |  |
|  | 3000000 | A+ | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 8/1/30 | 3307961 |
|  | 6795000 | A+ | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 8/1/32 | 7717720 |
|  | 500000 | AA- | City of Pittsburgh PA, GO, 5.000% due 9/1/40 | 544603 |
|  | 1010000 | A | Commonwealth Financing Authority, Revenue Bonds, Series A, 5.000% due 6/1/28 | 1064351 |
|  |  |  | Commonwealth of Pennsylvania, GO: |  |
|  | 1950000 | A+ | &nbsp;&nbsp;&nbsp;4.000% due 9/15/34 | 1964277 |
|  | 810000 | A+ | &nbsp;&nbsp;&nbsp;5.000% due 9/15/29 | 824154 |
|  | 1000000 | Baa2<sup>(e)</sup> | Pennsylvania Economic Development Financing Authority, Revenue Bonds, 5.500% due 6/30/37<sup>(a)</sup> | 1094148 |
|  |  |  | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds: |  |
|  | 775000 | AA | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 8/15/38 | 793089 |
|  | 1000000 | AA | &nbsp;&nbsp;&nbsp;Series C, 4.000% due 8/15/41 | 983298 |
|  | 1500000 | Aa2<sup>(e)</sup> | West Shore School District, GO, 5.000% due 11/15/43 | 1519132 |
|  |  |  | Total Pennsylvania | 20651494 |
| **Puerto Rico - 0.9%** | **Puerto Rico - 0.9%** | **Puerto Rico - 0.9%** | **Puerto Rico - 0.9%** | **Puerto Rico - 0.9%** |
|  |  |  | Commonwealth of Puerto Rico, GO: |  |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 4.000% due 7/1/41 | 923481 |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 4.000% due 7/1/46 | 888386 |
|  |  |  | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Revenue Bonds: |  |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/47<sup>(g)</sup> | 982999 |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 7/1/47<sup>(g)</sup> | 853411 |
|  |  |  | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Revenue Bonds: |  |
|  | 1500000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 4.750% due 7/1/53 | 1424738 |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 5.000% due 7/1/58 | 972614 |
|  |  |  | Total Puerto Rico | 6045629 |
| **Rhode Island - 0.5%** | **Rhode Island - 0.5%** | **Rhode Island - 0.5%** | **Rhode Island - 0.5%** | **Rhode Island - 0.5%** |
|  |  |  | Providence Public Building Authority, Revenue Bonds: |  |
|  | 400000 | AA | &nbsp;&nbsp;&nbsp;Series A, 5.250% due 9/15/41 | 440756 |
|  | 410000 | AA | &nbsp;&nbsp;&nbsp;Series A, 5.250% due 9/15/43 | 442207 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Rhode Island - (continued)** | **Rhode Island - (continued)** | **Rhode Island - (continued)** | **Rhode Island - (continued)** | **Rhode Island - (continued)** | **Rhode Island - (continued)** |
| $| 1000000 | AA- | Rhode Island Health & Educational Building Corp., Revenue Bonds, Series A, 5.000% due 5/15/42 | $| 1073289 |
|  | 45000 | AA+ | Rhode Island Housing & Mortgage Finance Corp., Revenue Bonds, Series 70, 4.000% due 10/1/49 |  | 45155 |
|  |  |  | Rhode Island Student Loan Authority, Revenue Bonds: |  |  |
|  | 55000 | AA | &nbsp;&nbsp;&nbsp;Series A, 3.500% due 12/1/34<sup>(a)</sup> |  | 54611 |
|  | 1125000 | AA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 12/1/26<sup>(a)</sup> |  | 1143292 |
|  |  |  | Total Rhode Island |  | 3199310 |
| **South Carolina - 1.3%** | **South Carolina - 1.3%** | **South Carolina - 1.3%** | **South Carolina - 1.3%** | **South Carolina - 1.3%** | **South Carolina - 1.3%** |
|  | 1000000 | A1<sup>(e)</sup> | Patriots Energy Group Financing Agency, Revenue Bonds, Series A1, 5.250% due 10/1/54<sup>(c)</sup> |  | 1089771 |
|  |  |  | South Carolina Jobs-Economic Development Authority, Revenue Bonds: |  |  |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;7.500% due 11/15/53 |  | 1060131 |
|  | 1000000 | NR | &nbsp;&nbsp;&nbsp;7.750% due 11/15/58 |  | 1070991 |
|  | 1600000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.250% due 11/1/41 |  | 1768295 |
|  | 2500000 | NR | &nbsp;&nbsp;&nbsp;Series A1, 6.750% due 10/15/60<sup>(g)</sup> |  | 2508801 |
|  |  |  | South Carolina Public Service Authority, Revenue Bonds: |  |  |
|  | 185000 | A- | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 12/1/35 |  | 188323 |
|  | 275000 | A- | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 12/1/36 |  | 279630 |
|  |  |  | South Carolina State Housing Finance & Development Authority, Revenue Bonds: |  |  |
|  | 80000 | Aaa<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 4.000% due 1/1/50 |  | 80523 |
|  | 65000 | Aaa<sup>(e)</sup> | Series A, 4.000% due 7/1/50 |  | 65409 |
|  |  |  | Total South Carolina |  | 8111874 |
| **Tennessee - 0.7%** | **Tennessee - 0.7%** | **Tennessee - 0.7%** | **Tennessee - 0.7%** | **Tennessee - 0.7%** | **Tennessee - 0.7%** |
|  | 1000000 | A | Chattanooga Health Educational & Housing Facility Board, Revenue Bonds, 5.000% due 12/1/34 |  | 1133631 |
|  | 1000000 | AA+ | County of Shelby TN, GO, Series A, 4.000% due 4/1/37 |  | 1019829 |
|  | 25000 | A | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Revenue Bonds, 5.000% due 7/1/31 |  | 27379 |
|  | 1125000 | A1<sup>(e)</sup> | Metropolitan Nashville Airport Authority, Revenue Bonds, Series B, 5.250% due 7/1/33<sup>(a)</sup> |  | 1263122 |
|  | 1000000 | AA+ | Tennessee State School Bond Authority, Revenue Bonds, 5.000% due 11/1/42 |  | 1047873 |
|  |  |  | Total Tennessee |  | 4491834 |
| **Texas - 13.7%** | **Texas - 13.7%** | **Texas - 13.7%** | **Texas - 13.7%** | **Texas - 13.7%** | **Texas - 13.7%** |
|  | 1765000 | AAA | Academy Independent School District, GO, PSF-GTD-Insured, 5.000% due 8/15/43 |  | 1876006 |
|  | 2500000 | AAA | Aldine Independent School District, GO, PSF-GTD-Insured, Series B, 5.000% due 2/15/33 |  | 2868129 |
|  | 1000000 | Aaa<sup>(e)</sup> | Argyle Independent School District, GO, PSF-GTD-Insured, Series B1, 4.000% due 8/15/57<sup>(c)</sup> |  | 1018570 |
|  | 1000000 | AAA | Arlington Higher Education Finance Corp., Revenue Bonds, PSF-GTD-Insured, 5.000% due 8/15/48 |  | 1044832 |
|  | 1500000 | Aaa<sup>(e)</sup> | Brazosport Independent School District, GO, PSF-GTD-Insured, 4.000% due 2/15/33 |  | 1515610 |
|  |  |  | Central Texas Regional Mobility Authority, Revenue Bonds: |  |  |
|  | 600000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 1/1/41 |  | 598051 |
|  | 375000 | A+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 1/1/29 |  | 399355 |
|  | 1800000 | A+ | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 1/1/38 |  | 1909844 |
|  | 80000 | A+ | City of Austin TX Airport System Revenue, Revenue Bonds, Series Prerefunded 1/6/26 @ 100, 5.000% due 11/15/29<sup>(a)(d)</sup> |  | 80156 |
|  | 405000 | AA | City of Bryan TX Electric System Revenue, Revenue Bonds, 5.000% due 7/1/41<sup>(f)</sup> |  | 428722 |
|  | 980000 | AA- | City of Corpus Christi TX Utility System Revenue, Revenue Bonds, 5.000% due 7/15/40 |  | 1063945 |
|  |  |  | City of Houston TX Airport System Revenue, Revenue Bonds: |  |  |
|  | 360000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 7/1/29 |  | 380230 |
|  | 800000 | Ba2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series B, 5.500% due 7/15/37<sup>(a)</sup> |  | 870636 |
|  | 2330000 | A1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series D, 5.000% due 7/1/26 |  | 2360697 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Rating††** | **Security** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Texas - (continued)** | **Texas - (continued)** | **Texas - (continued)** | **Texas - (continued)** |
|  |  | City of Houston TX Combined Utility System Revenue, Revenue Bonds: |  |
| $1000000 | Aa2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 11/15/41 | $1094900 |
| 3000000 | Aa2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;Series B, 4.000% due 11/15/31 | 3019805 |
|  |  | City of San Antonio TX Airport System, Revenue Bonds: |  |
| 500000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/27<sup>(a)</sup> | 514772 |
| 480000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/28<sup>(a)</sup> | 503674 |
|  |  | City of San Antonio TX Electric & Gas Systems Revenue, Revenue Bonds: |  |
| 1000000 | A+ | &nbsp;&nbsp;&nbsp;Series Prerefunded 12/1/25 @ 100, 1.750% due 2/1/49<sup>(c)(d)</sup> | 1000000 |
| 500000 | A+ | &nbsp;&nbsp;&nbsp;4.000% due 2/1/43 | 492295 |
| 2345000 | AAA | Community Independent School District, GO, PSF-GTD-Insured, 5.000% due 2/15/41 | 2535615 |
| 700000 | NR | County of Denton TX, Special Assessment, 6.125% due 12/31/55<sup>(g)</sup> | 725151 |
| 1795000 | Aaa<sup>(e)</sup> | County of Harris TX, GO, Series A, 5.000% due 9/15/32 | 2050285 |
| 1490000 | AAA | County of Travis TX, GO, Series A, 5.000% due 3/1/38 | 1573080 |
|  |  | Cypress-Fairbanks Independent School District, GO, PSF-GTD-Insured: |  |
| 1975000 | AAA | &nbsp;&nbsp;&nbsp;4.000% due 2/15/32 | 1978727 |
| 105000 | AAA | &nbsp;&nbsp;&nbsp;5.000% due 2/15/27 | 105468 |
| 1000000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 3.400% due 2/15/31 | 1000251 |
| 1925000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 2/15/26 | 1934418 |
| 1000000 | AAA | Dripping Springs Independent School District, GO, PSF-GTD-Insured, 5.000% due 2/15/38 | 1142285 |
|  |  | Eagle Mountain & Saginaw Independent School District, GO, PSF-GTD-Insured: |  |
| 1270000 | Aaa<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 8/15/29 | 1376706 |
| 1000000 | Aaa<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 8/15/30 | 1105418 |
|  |  | Georgetown Independent School District, GO, PSF-GTD-Insured: |  |
| 1000000 | AAA | &nbsp;&nbsp;&nbsp;3.750% due 8/15/41 | 1000813 |
| 1000000 | AAA | &nbsp;&nbsp;&nbsp;3.875% due 8/15/44 | 969942 |
|  |  | Grand Parkway Transportation Corp., Revenue Bonds: |  |
| 150000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/31 | 158093 |
| 125000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/32 | 131551 |
| 190000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/33 | 199659 |
| 145000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 10/1/34 | 152031 |
| 1500000 | AA- | Harris County Cultural Education Facilities Finance Corp., Revenue Bonds, 5.000% due 7/1/39 | 1511538 |
| 325000 | AA+ | Houston Independent School District, GO, Series A, 5.000% due 7/15/45<sup>(c)</sup> | 341532 |
| 800000 | AAA | Hutto Independent School District, GO, PSF-GTD-Insured, 5.000% due 8/1/35 | 935014 |
| 5050000 | AAA | Lamar Consolidated Independent School District, GO, PSF-GTD-Insured, 5.000% due 2/15/34 | 5181983 |
|  |  | Love Field Airport Modernization Corp., Revenue Bonds: |  |
| 40000 | A | &nbsp;&nbsp;&nbsp;5.000% due 11/1/30<sup>(a)</sup> | 40052 |
| 90000 | A | &nbsp;&nbsp;&nbsp;5.000% due 11/1/31<sup>(a)</sup> | 90107 |
| 1180000 | AAA | Lovejoy Independent School District, GO, PSF-GTD-Insured, 5.000% due 2/15/34 | 1363547 |
| 1200000 | NR | New Hope Cultural Education Facilities Finance Corp., Revenue Bonds, Series A, 6.500% due 7/1/56<sup>(g)</sup> | 1139195 |
| 1000000 | Aaa<sup>(e)</sup> | North East Independent School District, GO, PSF-GTD-Insured, Series A, 4.000% due 8/1/41 | 1009039 |
| 1000000 | NR | North Parkway Municipal Management District No 1, Special Assessment, 5.000% due 9/15/51<sup>(g)</sup> | 951558 |
|  |  | North Texas Tollway Authority, Revenue Bonds: |  |
| 1000000 | A+ | &nbsp;&nbsp;&nbsp;4.000% due 1/1/38 | 1001979 |
| 1750000 | AA- | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 1/1/26 @ 100, 5.000% due 1/1/28<sup>(d)</sup> | 1753361 |
| 200000 | AA- | &nbsp;&nbsp;&nbsp;Series A, Prerefunded 1/1/26 @ 100, 5.000% due 1/1/39<sup>(d)</sup> | 200384 |
| 985000 | Aaa<sup>(e)</sup> | Northside Independent School District, GO, PSF-GTD-Insured, Series B, 3.450% due 8/1/54<sup>(c)</sup> | 991721 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount/Units** | **Face Amount/Units** | **Rating††** | **Security** | **Value** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Texas - (continued)** | **Texas - (continued)** | **Texas - (continued)** | **Texas - (continued)** | **Texas - (continued)** | **Texas - (continued)** |
| $| 1000000 | AAA | Pecos Barstow Toyah Independent School District, GO, PSF-GTD-Insured, 5.000% due 2/15/38 | $| 1001895 |
|  |  |  | Permanent University Fund - University of Texas System, Revenue Bonds: |  |  |
|  | 4335000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/39 |  | 5168028 |
|  | 3025000 | AAA | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 7/1/36 |  | 3592274 |
|  | 1000000 | NR | Port of Beaumont Navigation District, Revenue Bonds, Series A, 5.250% due 1/1/54<sup>(a)(g)</sup> |  | 958591 |
|  |  |  | State of Texas, GO: |  |  |
|  | 150000 | AAA | &nbsp;&nbsp;&nbsp;5.000% due 8/1/26<sup>(a)</sup> |  | 150263 |
|  | 1375000 | Aaa<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 10/1/43 |  | 1503541 |
|  | 200000 | AAA | &nbsp;&nbsp;&nbsp;5.500% due 8/1/26<sup>(a)</sup> |  | 203267 |
|  | 2750000 | A1<sup>(e)</sup> | Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds, Series A, 5.000% due 7/1/32 |  | 3043695 |
|  |  |  | Texas Department of Housing & Community Affairs, Revenue Bonds: |  |  |
|  | 381366 | Aa1<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;2.950% due 7/1/36 |  | 349435 |
|  | 190000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 4.000% due 3/1/50 |  | 191339 |
|  | 2640000 | A1<sup>(e)</sup> | Texas Municipal Gas Acquisition & Supply Corp. V, Revenue Bonds, 5.000% due 1/1/33 |  | 2874396 |
|  | 600000 | AA+ | Texas Public Finance Authority, Revenue Bonds, 5.000% due 2/1/28 |  | 631006 |
|  |  |  | Texas Water Development Board, Revenue Bonds: |  |  |
|  | 2000000 | AAA | &nbsp;&nbsp;&nbsp;4.650% due 10/15/40 |  | 2108845 |
|  | 3500000 | AAA | &nbsp;&nbsp;&nbsp;5.000% due 4/15/34 |  | 4079537 |
|  | 125000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 4/15/26 |  | 126100 |
|  | 190000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 4/15/29 |  | 198018 |
|  | 505000 | AAA | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 4/15/30 |  | 526033 |
|  |  |  | Tomball Independent School District, GO, PSF-GTD-Insured: |  |  |
|  | 1500000 | AAA | &nbsp;&nbsp;&nbsp;4.000% due 2/15/50 |  | 1403291 |
|  | 2000000 | AAA | &nbsp;&nbsp;&nbsp;5.000% due 2/15/26 |  | 2009993 |
|  |  |  | Total Texas |  | 87810279 |
| **Utah - 1.6%** | **Utah - 1.6%** | **Utah - 1.6%** | **Utah - 1.6%** | **Utah - 1.6%** | **Utah - 1.6%** |
|  | 600000 | NR | Black Desert Public Infrastructure District, Special Assessment, 5.625% due 12/1/53<sup>(g)</sup> |  | 606613 |
|  | 1000000 | NR | Black Ridge Infrastructure Financing District, Special Assessment, 6.250% due 12/1/54 |  | 1004252 |
|  |  |  | City of Salt Lake City UT Airport Revenue, Revenue Bonds: |  |  |
|  | 115000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/28<sup>(a)</sup> |  | 118527 |
|  | 155000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/30<sup>(a)</sup> |  | 162164 |
|  | 1000000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 7/1/32<sup>(a)</sup> |  | 1097017 |
|  | 625000 | A+ | &nbsp;&nbsp;&nbsp;Series A, 5.250% due 7/1/36<sup>(a)</sup> |  | 698405 |
|  | 1250000 | AA | City of Vineyard UT Water & Sewer Revenue, Revenue Bonds, 5.000% due 5/1/43 |  | 1326229 |
|  | 1400000 | A2<sup>(e)</sup> | Duchesne County School District, Revenue Bonds, 5.000% due 6/1/37 |  | 1471681 |
|  | 500000 | NR | Grapevine Wash Local District, Special Assessment, Series A2, 5.250% due 12/1/44<sup>(g)</sup> |  | 491172 |
|  | 1165000 | NR | Mida Mountain Village Public Infrastructure District, Special Assessment, 4.000% due 8/1/50<sup>(g)</sup> |  | 1000084 |
|  | 500000 | NR | Mida Mountain Village Public Infrastructure District, Special Tax, Series 2, 6.000% due 6/15/54<sup>(g)</sup> |  | 515033 |
|  | 1000000 | NR | Verk Industrial Regional Public Infrastructure District, Special Tax, 6.625% due 9/1/47<sup>(g)</sup> |  | 1049463 |
|  | 700000 | NR | Wolf Creek Infrastructure Financing District No 1, Special Assessment, 5.750% due 12/1/44 |  | 716167 |
|  |  |  | Total Utah |  | 10256807 |
| **Vermont - 0.2%** | **Vermont - 0.2%** | **Vermont - 0.2%** | **Vermont - 0.2%** | **Vermont - 0.2%** | **Vermont - 0.2%** |
|  |  |  | Vermont Student Assistance Corp., Revenue Bonds: |  |  |
|  | 750000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 6/15/29<sup>(a)</sup> |  | 774944 |
|  | 675000 | A | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 6/15/30<sup>(a)</sup> |  | 708906 |
|  |  |  | Total Vermont |  | 1483850 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Rating††** | **Security** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Virginia - 0.8%** | **Virginia - 0.8%** | **Virginia - 0.8%** | **Virginia - 0.8%** |
| $1000000 | AA | Hampton Roads Transportation Accountability Commission, Revenue Bonds, Series A, Prerefunded 1/1/28 @ 100, 5.000% due 7/1/35<sup>(d)</sup> | $1050957 |
| 1700000 | NR | Peninsula Town Center Community Development Authority, Special Assessment, 4.500% due 9/1/45<sup>(g)</sup> | 1581349 |
| 1000000 | B- | Tobacco Settlement Financing Corp., Revenue Bonds, Series B1, 5.000% due 6/1/47 | 828786 |
|  |  | Virginia College Building Authority, Revenue Bonds: |  |
| 165000 | AA+ | &nbsp;&nbsp;&nbsp;5.000% due 2/1/26 | 165657 |
| 265000 | AA+ | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 2/1/30 | 278309 |
| 305000 | AA+ | &nbsp;&nbsp;&nbsp;Series E, 5.000% due 2/1/31 | 320308 |
| 300000 | AAA | Virginia Housing Development Authority, Revenue Bonds, Series F3, 3.600% due 1/1/33 | 301808 |
| 500000 | AAA | Virginia Resources Authority, Revenue Bonds, Series C, 5.000% due 11/1/29 | 547267 |
|  |  | Total Virginia | 5074441 |
| **Washington - 4.5%** | **Washington - 4.5%** | **Washington - 4.5%** | **Washington - 4.5%** |
| 1070000 | AA | City of Seattle WA Municipal Light & Power Revenue, Revenue Bonds, 5.000% due 2/1/34 | 1246470 |
| 1690000 | Baa2<sup>(e)</sup> | Grant County Public Hospital District No 1, GO, 5.500% due 12/1/43 | 1774068 |
| 1000000 | BB+ | Grays Harbor County Public Hospital District No 1, Revenue Bonds, 6.875% due 12/1/53 | 1107121 |
|  |  | Port of Seattle WA, Revenue Bonds: |  |
| 1245000 | AA- | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 5/1/36<sup>(a)</sup> | 1267875 |
| 1000000 | AA | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 10/1/26<sup>(a)</sup> | 1006095 |
| 980000 | AA | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 10/1/27<sup>(a)</sup> | 985596 |
| 135000 | AA | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 10/1/29<sup>(a)</sup> | 135757 |
| 575000 | Baa3<sup>(e)</sup> | Skagit County Public Hospital District No 1, Revenue Bonds, 5.500% due 12/1/54 | 592233 |
|  |  | State of Washington, GO: |  |
| 430000 | AA+ | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 8/1/32 | 446825 |
| 7500000 | AA+ | &nbsp;&nbsp;&nbsp;Series A3, 5.000% due 8/1/45 | 7917970 |
| 2500000 | AA+ | &nbsp;&nbsp;&nbsp;Series B, 5.000% due 6/1/44 | 2667555 |
| 2000000 | AA+ | &nbsp;&nbsp;&nbsp;Series C, 5.000% due 2/1/33 | 2141382 |
| 355000 | AA+ | &nbsp;&nbsp;&nbsp;Series R2018C, 5.000% due 8/1/30 | 369245 |
| 640000 | AA+ | &nbsp;&nbsp;&nbsp;Series R2018D, 5.000% due 8/1/33 | 664190 |
| 1375000 | AA+ | &nbsp;&nbsp;&nbsp;Series R2024C, 5.000% due 8/1/37 | 1573399 |
| 1800000 | AA+ | &nbsp;&nbsp;&nbsp;Series R2025B, 5.000% due 7/1/29 | 1955072 |
| 1000000 | BBB- | Washington State Convention Center Public Facilities District, Revenue Bonds, Series B, 3.000% due 7/1/48 | 734225 |
|  |  | Washington State Housing Finance Commission, Revenue Bonds: |  |
| 1000000 | BBB- | &nbsp;&nbsp;&nbsp;5.500% due 7/1/59 | 1016250 |
| 500000 | BBB | &nbsp;&nbsp;&nbsp;6.250% due 7/1/59<sup>(g)</sup> | 539602 |
| 1000000 | AA | &nbsp;&nbsp;&nbsp;Series A, 5.250% due 7/1/55<sup>(g)</sup> | 1016403 |
|  |  | Total Washington | 29157333 |
| **Wisconsin - 1.4%** | **Wisconsin - 1.4%** | **Wisconsin - 1.4%** | **Wisconsin - 1.4%** |
| 680000 | Aa2<sup>(e)</sup> | City of Appleton WI Storm Water System Revenue, Revenue Bonds, 5.000% due 4/1/33 | 773087 |
| 1000000 | AA | Oshkosh Area School District, GO, 4.750% due 3/1/44 | 1027810 |
|  |  | Public Finance Authority, Revenue Bonds: |  |
| 1375000 | NR | zero coupon, due 12/15/39<sup>(g)(h)</sup> | 561538 |
| 1000000 | NR | &nbsp;&nbsp;&nbsp;4.250% due 7/1/54<sup>(a)</sup> | 830834 |
| 1500000 | Baa3<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.750% due 12/31/65<sup>(a)</sup> | 1555543 |
| 500000 | NR | &nbsp;&nbsp;&nbsp;Series A, 5.000% due 6/1/36<sup>(g)</sup> | 500473 |
| 1000000 | BBB- | &nbsp;&nbsp;&nbsp;Series A, 5.750% due 7/1/53<sup>(g)</sup> | 1008422 |
| 250000 | NR | &nbsp;&nbsp;&nbsp;Series A, 6.250% due 9/1/46<sup>(a)(g)</sup> | 258959 |
| 1000000 | NR | Public Finance Authority, Special Tax, Series A, 5.000% due 6/1/41<sup>(g)</sup> | 1015618 |
|  |  | Wisconsin Health & Educational Facilities Authority, Revenue Bonds: |  |
| 1000000 | AA | &nbsp;&nbsp;&nbsp;4.000% due 4/1/39 | 998429 |
| 30000 | A2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 6/1/32 | 30054 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (continued)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Face Amount/Units** | **Rating††** | **Security** | **Value** |
| **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** | **MUNICIPAL BONDS - (continued)** |
| **Wisconsin - (continued)** | **Wisconsin - (continued)** | **Wisconsin - (continued)** | **Wisconsin - (continued)** |
| $70000 | A2<sup>(e)</sup> | &nbsp;&nbsp;&nbsp;5.000% due 6/1/39 | $70127 |
| 220000 | AA+ | Wisconsin Housing & Economic Development Authority Home Ownership Revenue, Revenue Bonds, Series A, 3.500% due 9/1/50 | 218964 |
|  |  | Total Wisconsin | 8849858 |
|  |  | **TOTAL MUNICIPAL BONDS** |  |
|  |  | (Cost - $603,954,277) | **608674140** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** |  |  |
| **EXCHANGE TRADED FUND (ETF) - 1.7%** | **EXCHANGE TRADED FUND (ETF) - 1.7%** | **EXCHANGE TRADED FUND (ETF) - 1.7%** |
| 217083 | Vanguard Tax-Exempt Bond Index<sup>(i)</sup> |  |
|  | (Cost - $10,922,824) | 10967033 |
| **WARRANT - 0.0%** | **WARRANT - 0.0%** | **WARRANT - 0.0%** |
| **DIVERSIFIED - 0.0%** | **DIVERSIFIED - 0.0%** | **DIVERSIFIED - 0.0%** |
| **SPACs - 0.0%** | **SPACs - 0.0%** | **SPACs - 0.0%** |
| 7800 | BL Train Holdings West LLC |  |
|  | (Cost - $0) | – |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $614,877,101) | **619641173** |

---

---

| | | |
|:---|:---|:---|
| **Face Amount** | |  |
| **SHORT-TERM INVESTMENTS - 4.1%** | **SHORT-TERM INVESTMENTS - 4.1%** | **SHORT-TERM INVESTMENTS - 4.1%** |
| **MUNICIPAL BOND - 0.3%** | **MUNICIPAL BOND - 0.3%** | **MUNICIPAL BOND - 0.3%** |
| $2000000 | PMA Levy & Aid Anticipation Notes Program, Revenue Notes, Series A, 5.000% due 9/24/26 |  |
|  | (Cost - $2,038,385) | 2035674 |
| **TIME DEPOSITS - 3.8%** | **TIME DEPOSITS - 3.8%** | **TIME DEPOSITS - 3.8%** |
| 20650638 | Citibank - New York, 3.220% due 12/1/25 | 20650638 |
| 2546627 | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 2546627 |
| 969397 | Sumitomo Mitsui Banking Corp. - Tokyo, 3.220% due 12/1/25 | 969397 |
|  | **TOTAL TIME DEPOSITS** |  |
|  | (Cost - $24,166,662) | **24166662** |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $26,205,047) | **26202336** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.7%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.7%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 1.7%** |
| **MONEY MARKET FUND - 1.7%** | **MONEY MARKET FUND - 1.7%** | **MONEY MARKET FUND - 1.7%** |
| 11048625 | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(j)</sup> |  |
|  | (Cost - $11,048,625) | 11048625 |
|  | **TOTAL INVESTMENTS - 102.5%** |  |
|  | (Cost - $652,130,773) | **656892134** |
|  | Liabilities in Excess of Other Assets - (2.5)% | (16041640) |
|  | **TOTAL NET ASSETS - 100.0%** | $**640850494** |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Municipal Fixed Income Fund (concluded)** |

---

---

| | |
|:---|:---|
| †† | All ratings are by Standard & Poor's Rating Service, unless otherwise noted. |
| (a) | Income from this issue is considered a preference item for purposes of calculating the alternative minimum tax (AMT). |
| (b) | Rating by Fitch Ratings Service. All ratings are unaudited. |
| (c) | Variable rate security. Interest rate disclosed is that which was in effect at November 30, 2025. |
| (d) | Pre-refunded bonds are escrowed with government obligations and/or government agency securities and are considered by the Manager to be triple-A rated even if the issuer has not applied for new ratings. |
| (e) | Rating by Moody's Investors Service. All ratings are unaudited. |
| (f) | When-Issued or delayed delivery security. |
| (g) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $46,947,622 and represents 7.33% of net assets. |
| (h) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $1,056,147 and represents 0.16% of net assets. |
| (i) | All or a portion of this security is on loan. |
| (j) | Represents investment of collateral received from securities lending transactions. |

---

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| AGM | **—** | Assured Guaranty Municipal Corporation |
| COP | **—** | Certificate of Participation |
| ETF | **—** | Exchange Traded Fund |
| GO | **—** | General Obligation |
| LLC | **—** | Limited Liability Company |
| MTA | **—** | Metropolitan Transportation Authority |
| PSF-GTD | **—** | Permanent School Fund Guaranteed |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Industry^** | |
| General Obligation | 37.2% |
| Education | 15.9 |
| Water and Sewer | 8.7 |
| Airport | 6.1 |
| Health Care Providers & Services | 5.5 |
| Development | 5.4 |
| Transportation | 4.3 |
| Multifamily Housing | 1.7 |
| Utilities | 1.4 |
| Power | 1.2 |
| Nursing Homes | 1 |
| Tobacco Settlement | 1 |
| Single Family Housing | 0.9 |
| Bond Bank | 0.8 |
| Housing | 0.8 |
| Student Loan | 0.4 |
| Mello-Roos | 0.2 |
| Facilities | 0.1 |
| Exchange Traded Fund (ETF) | 1.7 |
| Short-Term Investments | 4 |
| Money Market Fund | 1.7 |
|  | 100.0% |

---

^ As a percentage of total investments.

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 98.8%** | **COMMON STOCKS - 98.8%** |  |
| **BASIC MATERIALS - 1.4%** | **BASIC MATERIALS - 1.4%** |  |
| **Chemicals - 1.1%** | **Chemicals - 1.1%** |  |
| 12035 | Dow Inc. | $287035 |
| 1139 | Linde PLC | 467354 |
| 3888 | LyondellBasell Industries NV, Class A Shares | 190473 |
| 1318 | RPM International Inc. | 141356 |
|  | Total Chemicals | 1086218 |
| **Iron/Steel - 0.0%** | **Iron/Steel - 0.0%** |  |
| 3110 | Vale SA, Class B Shares, ADR | 39217 |
| **Mining - 0.3%** | **Mining - 0.3%** |  |
| 1461 | Barrick Mining Corp. | 60398 |
| 3660 | Freeport-McMoRan Inc. | 157307 |
| 417 | Southern Copper Corp. | 56203 |
|  | Total Mining | 273908 |
|  | **TOTAL BASIC MATERIALS** | **1399343** |
| **COMMUNICATIONS - 17.0%** | **COMMUNICATIONS - 17.0%** |  |
| **Internet - 15.5%** | **Internet - 15.5%** |  |
| 801 | Alphabet Inc., Class A Shares<sup>(a)</sup> | 256464 |
| 18789 | Alphabet Inc., Class C Shares<sup>(a)</sup> | 6014735 |
| 17232 | Amazon.com Inc.<sup>\*(a)</sup> | 4018847 |
| 104 | Booking Holdings Inc. | 511128 |
| 11 | MercadoLibre Inc.<sup>\*</sup> | 22790 |
| 4097 | Meta Platforms Inc., Class A Shares<sup>(a)</sup> | 2654651 |
| 9400 | Netflix Inc.<sup>\*(a)</sup> | 1011252 |
| 952 | Roku Inc., Class A Shares<sup>\*</sup> | 92144 |
| 586 | Shopify Inc., Class A Shares<sup>\*</sup> | 92963 |
| 4125 | Uber Technologies Inc.<sup>\*</sup> | 361102 |
|  | Total Internet | 15036076 |
| **Media - 0.3%** | **Media - 0.3%** |  |
| 253 | New York Times Co., Class A Shares | 16318 |
| 2285 | Walt Disney Co.<sup>(a)</sup> | 238714 |
|  | Total Media | 255032 |
| **Telecommunications - 1.2%** | **Telecommunications - 1.2%** |  |
| 7852 | Cisco Systems Inc.<sup>(a)</sup> | 604133 |
| 13618 | Telefonaktiebolaget LM Ericsson, ADR | 130733 |
| 8342 | Verizon Communications Inc.<sup>(a)</sup> | 342940 |
| 7403 | Vodafone Group PLC, ADR | 92315 |
|  | Total Telecommunications | 1170121 |
|  | **TOTAL COMMUNICATIONS** | **16461229** |
| **CONSUMER CYCLICAL - 8.4%** | **CONSUMER CYCLICAL - 8.4%** |  |
| **Airlines - 0.3%** | **Airlines - 0.3%** |  |
| 4554 | Delta Air Lines Inc. | 291911 |
| **Auto Manufacturers - 2.2%** | **Auto Manufacturers - 2.2%** |  |
| 4963 | Tesla Inc.<sup>\*(a)</sup> | 2134934 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (continued)** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER CYCLICAL - (continued)** | **CONSUMER CYCLICAL - (continued)** |  |
| **Auto Parts & Equipment - 0.2%** | **Auto Parts & Equipment - 0.2%** |  |
| 630 | Autoliv Inc. | $74334 |
| 1368 | Magna International Inc. | 66813 |
|  | Total Auto Parts & Equipment | 141147 |
| **Distribution/Wholesale - 0.3%** | **Distribution/Wholesale - 0.3%** |  |
| 307 | WW Grainger Inc. | 291229 |
| **Entertainment - 0.0%** | **Entertainment - 0.0%** |  |
| 318 | DraftKings Inc., Class A Shares<sup>\*</sup> | 10545 |
| 144 | Light & Wonder Inc.<sup>\*</sup> | 14266 |
|  | Total Entertainment | 24811 |
| **Food Service - 0.0%** | **Food Service - 0.0%** |  |
| 1163 | Aramark | 43229 |
| **Home Builders - 0.8%** | **Home Builders - 0.8%** |  |
| 2967 | Lennar Corp., Class A Shares | 389567 |
| 2377 | Toll Brothers Inc. | 332376 |
|  | Total Home Builders | 721943 |
| **Leisure Time - 0.0%** | **Leisure Time - 0.0%** |  |
| 223 | Planet Fitness Inc., Class A Shares<sup>\*</sup> | 24969 |
| **Lodging - 0.1%** | **Lodging - 0.1%** |  |
| 1603 | Las Vegas Sands Corp. | 109260 |
| **Retail - 4.5%** | **Retail - 4.5%** |  |
| 80 | Burlington Stores Inc.<sup>\*</sup> | 20178 |
| 987 | Costco Wholesale Corp. | 901713 |
| 192 | Dick's Sporting Goods Inc. | 39662 |
| 1473 | Home Depot Inc.<sup>(a)</sup> | 525743 |
| 1324 | Lowe's Cos., Inc. | 321044 |
| 1620 | McDonald's Corp. | 505148 |
| 831 | Restaurant Brands International Inc. | 60156 |
| 4005 | TJX Cos., Inc. | 608440 |
| 11892 | Walmart Inc.<sup>(a)</sup> | 1314185 |
| 482 | Williams-Sonoma Inc. | 86765 |
|  | Total Retail | 4383034 |
|  | **TOTAL CONSUMER CYCLICAL** | **8166467** |
| **CONSUMER NON-CYCLICAL - 11.9%** | **CONSUMER NON-CYCLICAL - 11.9%** |  |
| **Agriculture - 1.0%** | **Agriculture - 1.0%** |  |
| 2467 | British American Tobacco PLC, ADR | 144714 |
| 5025 | Philip Morris International Inc. | 791337 |
|  | Total Agriculture | 936051 |
| **Beverages - 0.7%** | **Beverages - 0.7%** |  |
| 6729 | Brown-Forman Corp., Class B Shares | 195006 |
| 287 | Coca-Cola Europacific Partners PLC | 26315 |
| 5072 | Molson Coors Beverage Co., Class B Shares | 235899 |
| 3491 | Monster Beverage Corp.<sup>\*</sup> | 261790 |
|  | Total Beverages | 719010 |
| **Biotechnology - 0.9%** | **Biotechnology - 0.9%** |  |
| 185 | Alnylam Pharmaceuticals Inc.<sup>\*</sup> | 83477 |
| 1439 | Amgen Inc. | 497117 |
| 203 | Biogen Inc.<sup>\*</sup> | 36964 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (continued)** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **CONSUMER NON-CYCLICAL - (continued)** | **CONSUMER NON-CYCLICAL - (continued)** |  |
| **Biotechnology - (continued)** | **Biotechnology - (continued)** |  |
| 415 | Illumina Inc.<sup>\*</sup> | $54552 |
| 152 | Regeneron Pharmaceuticals Inc. | 118589 |
| 182 | United Therapeutics Corp.<sup>\*</sup> | 88452 |
|  | Total Biotechnology | 879151 |
| **Commercial Services - 0.6%** | **Commercial Services - 0.6%** |  |
| 1769 | Automatic Data Processing Inc. | 451625 |
| 1470 | Block Inc., Class A Shares<sup>\*</sup> | 98196 |
| 509 | Booz Allen Hamilton Holding Corp., Class A Shares | 42481 |
| 394 | TransUnion | 33510 |
|  | Total Commercial Services | 625812 |
| **Cosmetics/Personal Care - 0.1%** | **Cosmetics/Personal Care - 0.1%** |  |
| 769 | Estee Lauder Cos., Inc., Class A Shares | 72340 |
| **Food - 0.6%** | **Food - 0.6%** |  |
| 15251 | Conagra Brands Inc. | 272230 |
| 2996 | Kellanova | 250586 |
| 737 | US Foods Holding Corp.<sup>\*</sup> | 57980 |
|  | Total Food | 580796 |
| **Healthcare-Products - 2.4%** | **Healthcare-Products - 2.4%** |  |
| 3301 | Abbott Laboratories | 425499 |
| 1138 | Alcon AG | 90255 |
| 6941 | Baxter International Inc. | 130074 |
| 389 | Exact Sciences Corp.<sup>\*</sup> | 39402 |
| 1694 | GE HealthCare Technologies Inc. | 135503 |
| 925 | Intuitive Surgical Inc.<sup>\*</sup> | 530469 |
| 3244 | Revvity Inc. | 338706 |
| 884 | Thermo Fisher Scientific Inc. | 522294 |
| 201 | Waters Corp.<sup>\*</sup> | 81087 |
|  | Total Healthcare-Products | 2293289 |
| **Healthcare-Services - 1.2%** | **Healthcare-Services - 1.2%** |  |
| 3644 | Centene Corp.<sup>\*</sup> | 143355 |
| 1135 | Cigna Group | 314713 |
| 703 | Elevance Health Inc. | 237797 |
| 230 | ICON PLC, ADR<sup>\*</sup> | 42550 |
| 1252 | UnitedHealth Group Inc.<sup>(a)</sup> | 412872 |
|  | Total Healthcare-Services | 1151287 |
| **Household Products/Wares - 0.3%** | **Household Products/Wares - 0.3%** |  |
| 2690 | Clorox Co. | 290359 |
| **Pharmaceuticals - 4.1%** | **Pharmaceuticals - 4.1%** |  |
| 3575 | AbbVie Inc. | 814028 |
| 1291 | AstraZeneca PLC, ADR | 119702 |
| 767 | DexCom Inc.<sup>\*</sup> | 48681 |
| 1435 | Eli Lilly & Co. | 1543299 |
| 238 | Jazz Pharmaceuticals PLC<sup>\*</sup> | 42014 |
| 3878 | Johnson & Johnson<sup>(a)</sup> | 802436 |
| 4803 | Merck & Co., Inc. | 503498 |
| 183 | Novartis AG, ADR | 23863 |
| 2538 | Teva Pharmaceutical Industries Ltd., ADR<sup>\*</sup> | 68247 |
|  | Total Pharmaceuticals | 3965768 |
|  | **TOTAL CONSUMER NON-CYCLICAL** | **11513863** |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (continued)** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **ENERGY - 2.9%** | **ENERGY - 2.9%** |  |
| **Oil & Gas - 2.6%** | **Oil & Gas - 2.6%** |  |
| 3338 | Canadian Natural Resources Ltd. | $112724 |
| 1579 | Cenovus Energy Inc. | 28201 |
| 3651 | Chevron Corp. | 551776 |
| 10298 | Exxon Mobil Corp.<sup>(a)</sup> | 1193744 |
| 982 | HF Sinclair Corp. | 51958 |
| 3501 | Occidental Petroleum Corp. | 147042 |
| 590 | Ovintiv Inc. | 24167 |
| 1598 | Phillips 66 | 218862 |
| 629 | Range Resources Corp. | 24839 |
| 2703 | Suncor Energy Inc. | 121040 |
|  | Total Oil & Gas | 2474353 |
| **Pipelines - 0.3%** | **Pipelines - 0.3%** |  |
| 217 | Enbridge Inc. | 10585 |
| 51 | South Bow Corp. | 1406 |
| 1562 | Targa Resources Corp. | 273834 |
| 257 | TC Energy Corp. | 14063 |
|  | Total Pipelines | 299888 |
|  | **TOTAL ENERGY** | **2774241** |
| **FINANCIAL - 15.5%** | **FINANCIAL - 15.5%** |  |
| **Banks - 4.8%** | **Banks - 4.8%** |  |
| 2682 | Banco Bradesco SA, ADR | 9923 |
| 7616 | Bank of America Corp.<sup>(a)</sup> | 408598 |
| 60 | Bank of Montreal | 7568 |
| 1227 | East West Bancorp Inc. | 130921 |
| 2100 | First Horizon Corp. | 46914 |
| 1219 | Goldman Sachs Group Inc. | 1006943 |
| 554 | ICICI Bank Ltd., ADR | 17301 |
| 4796 | Itau Unibanco Holding SA, ADR | 37409 |
| 6735 | JPMorgan Chase & Co.<sup>(a)</sup> | 2108594 |
| 510 | Southstate Bank Corp. | 45650 |
| 9852 | Wells Fargo & Co. | 845794 |
|  | Total Banks | 4665615 |
| **Diversified Financial Services - 4.7%** | **Diversified Financial Services - 4.7%** |  |
| 2097 | American Express Co. | 765971 |
| 940 | Ameriprise Financial Inc. | 428395 |
| 470 | Brookfield Asset Management Ltd., Class A Shares | 24788 |
| 684 | Evercore Inc., Class A Shares | 218928 |
| 1682 | Jefferies Financial Group Inc. | 96816 |
| 2305 | Mastercard Inc., Class A Shares<sup>(a)</sup> | 1268972 |
| 2501 | Nasdaq Inc. | 227391 |
| 4380 | Visa Inc., Class A Shares<sup>(a)</sup> | 1464847 |
| 249 | Voya Financial Inc. | 17505 |
|  | Total Diversified Financial Services | 4513613 |
| **Equity Real Estate Investment Trusts (REITs) - 1.4%** | **Equity Real Estate Investment Trusts (REITs) - 1.4%** |  |
| 3415 | Equity Residential | 210876 |
| 8447 | Realty Income Corp. | 486632 |
| 3358 | Rexford Industrial Realty Inc. | 139726 |
| 15232 | VICI Properties Inc., Class A Shares | 438986 |
| 1569 | WP Carey Inc. | 105704 |
|  | Total Equity Real Estate Investment Trusts (REITs) | 1381924 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (continued)** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **FINANCIAL - (continued)** | **FINANCIAL - (continued)** |  |
| **Insurance - 4.1%** | **Insurance - 4.1%** |  |
| 3161 | Aflac Inc. | $348690 |
| 664 | Aon PLC, Class A Shares | 235003 |
| 1800 | Arthur J Gallagher & Co. | 445716 |
| 3586 | Berkshire Hathaway Inc., Class B Shares<sup>\*</sup> | 1842523 |
| 2817 | Brown & Brown Inc. | 226571 |
| 2124 | Fidelity National Financial Inc. | 126229 |
| 5545 | Manulife Financial Corp. | 195239 |
| 104 | Markel Group Inc.<sup>\*</sup> | 216366 |
| 187 | RenaissanceRe Holdings Ltd. | 48839 |
| 1618 | Unum Group | 122920 |
| 2545 | WR Berkley Corp. | 197721 |
|  | Total Insurance | 4005817 |
| **Private Equity - 0.3%** | **Private Equity - 0.3%** |  |
| 6280 | Brookfield Corp. | 295160 |
| **Real Estate - 0.2%** | **Real Estate - 0.2%** |  |
| 665 | Jones Lang LaSalle Inc.<sup>\*</sup> | 216584 |
|  | **TOTAL FINANCIAL** | **15078713** |
| **INDUSTRIAL - 7.2%** | **INDUSTRIAL - 7.2%** |  |
| **Aerospace/Defense - 1.8%** | **Aerospace/Defense - 1.8%** |  |
| 1185 | Boeing Co.<sup>\*</sup> | 223965 |
| 1276 | General Dynamics Corp. | 435920 |
| 2843 | General Electric Co. | 848493 |
| 842 | HEICO Corp. | 266838 |
|  | Total Aerospace/Defense | 1775216 |
| **Building Materials - 0.3%** | **Building Materials - 0.3%** |  |
| 330 | Carlisle Cos., Inc. | 104963 |
| 315 | Lennox International Inc. | 157144 |
| 249 | Louisiana-Pacific Corp. | 20421 |
|  | Total Building Materials | 282528 |
| **Electrical Components & Equipment - 0.5%** | **Electrical Components & Equipment - 0.5%** |  |
| 359 | Acuity Inc. | 131545 |
| 1651 | AMETEK Inc. | 326716 |
|  | Total Electrical Components & Equipment | 458261 |
| **Electronics - 0.5%** | **Electronics - 0.5%** |  |
| 3754 | Amphenol Corp., Class A Shares | 528939 |
| **Engineering & Construction - 0.1%** | **Engineering & Construction - 0.1%** |  |
| 694 | AECOM | 71572 |
| **Environmental Control - 0.5%** | **Environmental Control - 0.5%** |  |
| 1466 | Republic Services Inc., Class A Shares | 318210 |
| 806 | Waste Connections Inc. | 142299 |
|  | Total Environmental Control | 460509 |
| **Hand/Machine Tools - 0.0%** | **Hand/Machine Tools - 0.0%** |  |
| 148 | Lincoln Electric Holdings Inc. | 35436 |
| **Machinery-Construction & Mining - 1.4%** | **Machinery-Construction & Mining - 1.4%** |  |
| 1045 | BWX Technologies Inc. | 186930 |
| 1362 | Caterpillar Inc. | 784185 |
| 587 | GE Vernova Inc. | 352065 |
|  | Total Machinery-Construction & Mining | 1323180 |
| **Machinery-Diversified - 1.0%** | **Machinery-Diversified - 1.0%** |  |
| 863 | Deere & Co. | 400855 |
| 1956 | Graco Inc. | 161253 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (continued)** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **INDUSTRIAL - (continued)** | **INDUSTRIAL - (continued)** |  |
| **Machinery-Diversified - (continued)** | **Machinery-Diversified - (continued)** |  |
| 461 | Rockwell Automation Inc. | $182491 |
| 1686 | Xylem Inc. | 237169 |
|  | Total Machinery-Diversified | 981768 |
| **Miscellaneous Manufacturers - 0.6%** | **Miscellaneous Manufacturers - 0.6%** |  |
| 2170 | 3M Co. | 373349 |
| 682 | Entegris Inc. | 52609 |
| 1487 | Textron Inc. | 123659 |
|  | Total Miscellaneous Manufacturers | 549617 |
| **Packaging & Containers - 0.2%** | **Packaging & Containers - 0.2%** |  |
| 393 | Crown Holdings Inc. | 38054 |
| 906 | Packaging Corp. of America | 184888 |
|  | Total Packaging & Containers | 222942 |
| **Transportation - 0.3%** | **Transportation - 0.3%** |  |
| 1263 | Canadian National Railway Co. | 121109 |
| 926 | Canadian Pacific Kansas City Ltd. | 67200 |
| 441 | XPO Inc.<sup>\*</sup> | 62648 |
|  | Total Transportation | 250957 |
|  | **TOTAL INDUSTRIAL** | **6940925** |
| **TECHNOLOGY - 32.2%** | **TECHNOLOGY - 32.2%** |  |
| **Computers - 8.5%** | **Computers - 8.5%** |  |
| 1040 | Accenture PLC, Class A Shares | 260000 |
| 25657 | Apple Inc.<sup>(a)</sup> | 7154454 |
| 484 | Check Point Software Technologies Ltd.<sup>\*</sup> | 90397 |
| 1088 | Dell Technologies Inc., Class C Shares | 145085 |
| 1944 | International Business Machines Corp. | 599879 |
| 683 | Super Micro Computer Inc.<sup>\*</sup> | 23120 |
|  | Total Computers | 8272935 |
| **Semiconductors - 14.1%** | **Semiconductors - 14.1%** |  |
| 2816 | Advanced Micro Devices Inc.<sup>\*</sup> | 612565 |
| 44 | ASML Holding NV, Class NY Registered Shares, ADR | 46640 |
| 8936 | Broadcom Inc.<sup>(a)</sup> | 3600851 |
| 272 | Cirrus Logic Inc.<sup>\*</sup> | 32732 |
| 7458 | Intel Corp.<sup>\*</sup> | 302496 |
| 2680 | Lam Research Corp. | 418080 |
| 832 | Marvell Technology Inc. | 74381 |
| 1985 | Micron Technology Inc. | 469413 |
| 43970 | NVIDIA Corp.<sup>(a)</sup> | 7782690 |
| 727 | NXP Semiconductors NV | 141721 |
| 781 | ON Semiconductor Corp.<sup>\*</sup> | 39237 |
| 477 | Silicon Laboratories Inc.<sup>\*</sup> | 60856 |
| 176 | Taiwan Semiconductor Manufacturing Co., Ltd., ADR | 51306 |
|  | Total Semiconductors | 13632968 |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (continued)** |

---

---

| | | |
|:---|:---|:---|
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |  |
| **TECHNOLOGY - (continued)** | **TECHNOLOGY - (continued)** |  |
| **Software - 9.6%** | **Software - 9.6%** |  |
| 409 | Intuit Inc. | $259339 |
| 13595 | Microsoft Corp.<sup>(a)</sup> | 6688876 |
| 3102 | Oracle Corp. | 626449 |
| 3775 | Palantir Technologies Inc., Class A Shares<sup>\*</sup> | 635899 |
| 2148 | Salesforce Inc.<sup>(a)</sup> | 495200 |
| 470 | SAP SE, ADR | 113622 |
| 468 | ServiceNow Inc.<sup>\*</sup> | 380208 |
| 107 | Veeva Systems Inc., Class A Shares<sup>\*</sup> | 25711 |
| 546 | Zoom Communications Inc., Class A Shares<sup>\*</sup> | 46388 |
|  | Total Software | 9271692 |
|  | **TOTAL TECHNOLOGY** | **31177595** |
| **UTILITIES - 2.3%** | **UTILITIES - 2.3%** |  |
| **Electric - 2.3%** | **Electric - 2.3%** |  |
| 4555 | Ameren Corp. | 484424 |
| 3696 | American Electric Power Co., Inc. | 457454 |
| 3809 | Consolidated Edison Inc. | 382271 |
| 11604 | PPL Corp. | 428188 |
| 5435 | Xcel Energy Inc. | 446268 |
|  | Total Electric | 2198605 |
| **Water - 0.0%** | **Water - 0.0%** |  |
| 1077 | Essential Utilities Inc. | 42638 |
|  | **TOTAL UTILITIES** | **2241243** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $51,696,931) | **95753619** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Notional<br> Amounts** |  | |
| **PURCHASED OPTIONS - 0.9%** | **PURCHASED OPTIONS - 0.9%** | **PURCHASED OPTIONS - 0.9%** | **PURCHASED OPTIONS - 0.9%** |
| **Index Option - 0.9%** | **Index Option - 0.9%** | **Index Option - 0.9%** | **Index Option - 0.9%** |
| 46 | $31505814 | S&P 500 Index Options, Put, @ $6,350.00, expires 12/31/2025, Counterparty: MSC | 90620 |
| 47 | 32190723 | S&P 500 Index Options, Put, @ $6,525.00, expires 01/30/2026, Counterparty: MSC | 326415 |
| 45 | 30820905 | S&P 500 Index Options, Put, @ $6,500.00, expires 02/27/2026, Counterparty: MSC | 431550 |
|  |  | **TOTAL PURCHASED OPTIONS** |  |
|  |  | (Cost - $1,359,737) | **848585** |
|  |  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  |  | (Cost - $53,056,668) | **96602204** |

---

---

| |
|:---|
| **Schedules of Investments** |
| **November 30, 2025 (unaudited)** |
| **Destinations Shelter Fund (concluded)** |

---

---

| | | |
|:---|:---|:---|
| **Face Amount** | **Security** | **Value** |
| **SHORT-TERM INVESTMENT - 0.4%** | **SHORT-TERM INVESTMENT - 0.4%** |  |
| **TIME DEPOSIT - 0.4%** | **TIME DEPOSIT - 0.4%** |  |
| $383298 | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 |  |
|  | (Cost - $383,298) | $383298 |
|  | **TOTAL INVESTMENTS - 100.1%** |  |
|  | (Cost - $53,439,966) | **96985502** |
|  | Liabilities in Excess of Other Assets – (0.1)% | (85617) |
|  | **TOTAL NET ASSETS - 100.0%** | $**96899885** |

---

\* Non-income producing security. <br> (a) All or a portion of this security is pledged by the Fund as collateral for short sales or derivative transactions.

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| ADR | **—** | American Depositary Receipts |
| PLC | **—** | Public Limited Company |
| REIT | **—** | Real Estate Investment Trust |

---

---

| | |
|:---|:---|
| **Summary of Investments by Security Sector^** | |
| Technology | 32.1% |
| Communications | 17.0 |
| Financial | 15.5 |
| Consumer Non-cyclical | 11.9 |
| Consumer Cyclical | 8.4 |
| Industrial | 7.2 |
| Energy | 2.9 |
| Utilities | 2.3 |
| Basic Materials | 1.4 |
| Purchased Options | 0.9 |
| Short-Term Investments | 0.4 |
|  | 100.0% |

---

^ As a percentage of total investments.

**Schedule of Options Contracts Written**

**Equity Options**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Notional <br> Amount** | **Security Name** | **Counterparty** | **Expiration<br> Date** | **Exercise <br> Rate** | **Value** |
| 46 | $31505814 | S&P 500 Index Options, Put | MSC | 12/31/25 | $5350.00 | $(13570) |
| 23 | 15752907 | S&P 500 Index Options, Call | MSC | 12/31/25 | 6975.00 | (124200) |
| 47 | 32190723 | S&P 500 Index Options, Put | MSC | 1/30/26 | 5500.00 | (57340) |
| 23 | 15752907 | S&P 500 Index Options, Call | MSC | 1/30/26 | 7210.00 | (82915) |
| 45 | 30820905 | S&P 500 Index Options, Put | MSC | 2/27/26 | 5450.00 | (93825) |
| 24 | 16437816 | S&P 500 Index Options, Call | MSC | 2/27/26 | 7175.00 | (185880) |
|  |  | **TOTAL OPTIONS CONTRACTS WRITTEN** |  |  |  |  |
|  |  | **(Premiums received — $835,367)** |  |  |  | $**(557730)** |

---

---

| | | |
|:---|:---|:---|
| Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: | Counterparty Abbreviations used in this schedule: |
| MSC | **—** | Morgan Stanley |

---

---

| | | |
|:---|:---|:---|
| **Schedules of Investments** | **Schedules of Investments** | **Schedules of Investments** |
| **November 30, 2025 (unaudited)** | **November 30, 2025 (unaudited)** | **November 30, 2025 (unaudited)** |
| **Destinations Real Assets Fund** | **Destinations Real Assets Fund** | **Destinations Real Assets Fund** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - 88.0%** | **COMMON STOCKS - 88.0%** | **COMMON STOCKS - 88.0%** |
| **Australia - 3.5%** | **Australia - 3.5%** | **Australia - 3.5%** |
| 345641 | Atlas Arteria Ltd. | $1127170 |
| 57416 | Cleanaway Waste Management Ltd. | 101248 |
| 57613 | Dalrymple Bay Infrastructure Ltd. | 170277 |
| 41796 | DigiCo Infrastructure REIT | 77071 |
| 161522 | Goodman Group | 3141537 |
| 77347 | HMC Capital Ltd. | 196220 |
| 158448 | Ingenia Communities Group | 539250 |
| 32268 | Lendlease Corp., Ltd. | 110582 |
| 40053 | Lifestyle Communities Ltd.<sup>\*</sup> | 149666 |
| 128779 | NEXTDC Ltd.<sup>\*</sup> | 1149388 |
| 268882 | Qube Holdings Ltd. | 855850 |
| 294871 | Scentre Group | 788127 |
| 248909 | Stockland | 982967 |
| 248955 | Transurban Group | 2434651 |
| 94257 | Vicinity Ltd. | 151906 |
|  | Total Australia | 11975910 |
| **Belgium - 0.3%** | **Belgium - 0.3%** | **Belgium - 0.3%** |
| 2021 | Elia Group SA, Class B Shares | 244144 |
| 2763 | Montea NV | 229448 |
| 8101 | Titan SA | 426696 |
| 399 | VGP NV | 47936 |
| 8062 | Warehouses De Pauw CVA | 209546 |
|  | Total Belgium | 1157770 |
| **Bermuda - 0.2%** | **Bermuda - 0.2%** | **Bermuda - 0.2%** |
| 42966 | DHT Holdings Inc. | 559847 |
| **Canada - 8.1%** | **Canada - 8.1%** | **Canada - 8.1%** |
| 2365 | Agnico Eagle Mines Ltd. | 412527 |
| 20451 | Alamos Gold Inc., Class A Shares | 766912 |
| 13185 | AltaGas Ltd. | 406664 |
| 52594 | ARC Resources Ltd. | 940865 |
| 15461 | Barrick Mining Corp. | 639158 |
| 3800 | Cameco Corp.<sup>\*</sup> | 336338 |
| 6735 | Canadian National Railway Co. | 644716 |
| 32713 | Canadian Natural Resources Ltd. | 1106540 |
| 44884 | Canfor Corp.<sup>\*</sup> | 394888 |
| 71477 | Capstone Copper Corp.<sup>\*</sup> | 634476 |
| 34425 | Chartwell Retirement Residences | 496904 |
| 25914 | Enbridge Inc. | 1264085 |
| 79028 | Enbridge Inc.<sup>(a)</sup> | 3839900 |
| 12925 | Extendicare Inc. | 189985 |
| 19229 | First Capital Real Estate Investment Trust | 270132 |
| 4722 | GFL Environmental Inc. | 214709 |
| 69270 | Gibson Energy Inc. | 1259004 |
| 2147 | Granite Real Estate Investment Trust | 117620 |
| 100905 | Hudbay Minerals Inc. | 1711349 |
| 35356 | Ivanhoe Mines Ltd., Class A Shares<sup>\*</sup> | 369733 |
| 39266 | Methanex Corp. | 1398262 |
| 28604 | Nutrien Ltd. | 1663895 |
| 23337 | Pan American Silver Corp. | 1065801 |
| 38436 | Parex Resources Inc. | 508613 |
| 15411 | Pembina Pipeline Corp. | 597127 |
| 37630 | Primaris Real Estate Investment Trust | 409932 |
| 2765 | Rockpoint Gas Storage Inc., Class A Shares<sup>\*</sup> | 55357 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Canada - (continued)** | **Canada - (continued)** | **Canada - (continued)** |
| 20906 | Sienna Senior Living Inc. | 309840 |
| 30918 | Suncor Energy Inc. | 1384508 |
| 9455 | TC Energy Corp. | 510606 |
| 24954 | Teck Resources Ltd., Class B Shares | 1066737 |
| 2222 | Waste Connections Inc. | 392294 |
| 12653 | West Fraser Timber Co., Ltd. | 783860 |
| 12994 | Wheaton Precious Metals Corp. | 1429990 |
|  | Total Canada | 27593327 |
| **China - 0.2%** | **China - 0.2%** | **China - 0.2%** |
| 429231 | China Tower Corp., Ltd, Class H Shares<sup>(b)</sup> | 679470 |
| **France - 1.8%** | **France - 1.8%** | **France - 1.8%** |
| 19198 | Aeroports de Paris SA | 2814624 |
| 16782 | Carmila SA | 333202 |
| 13420 | Engie SA | 340954 |
| 32327 | Getlink SE | 583983 |
| 14210 | Unibail-Rodamco-Westfield | 1510311 |
| 13364 | Veolia Environnement SA | 454302 |
| 1521 | Vinci SA | 215543 |
|  | Total France | 6252919 |
| **Germany - 1.1%** | **Germany - 1.1%** | **Germany - 1.1%** |
| 52815 | E.ON SE | 940194 |
| 7865 | Fraport AG Frankfurt Airport Services Worldwide<sup>\*</sup> | 659693 |
| 6026 | LEG Immobilien SE | 453045 |
| 5317 | RWE AG | 270059 |
| 327232 | Sirius Real Estate Ltd., REIT | 425309 |
| 51026 | TAG Immobilien AG | 870195 |
|  | Total Germany | 3618495 |
| **Greece - 0.2%** | **Greece - 0.2%** | **Greece - 0.2%** |
| 53275 | Athens International Airport SA | 627111 |
| **Hong Kong - 1.5%** | **Hong Kong - 1.5%** | **Hong Kong - 1.5%** |
| 462600 | China Gas Holdings Ltd. | 511626 |
| 142000 | CLP Holdings Ltd. | 1240866 |
| 33000 | Henderson Land Development Co., Ltd. | 124547 |
| 377500 | HK Electric Investments & HK Electric Investments Ltd. | 303044 |
| 171942 | Hongkong Land Holdings Ltd. | 1092821 |
| 97180 | Link REIT | 461398 |
| 94811 | Sun Hung Kai Properties Ltd. | 1202825 |
| 117313 | Swire Properties Ltd. | 322097 |
|  | Total Hong Kong | 5259224 |
| **Ireland - 0.4%** | **Ireland - 0.4%** | **Ireland - 0.4%** |
| 11476 | CRH PLC | 1377321 |
| **Italy - 2.1%** | **Italy - 2.1%** | **Italy - 2.1%** |
| 388179 | Enav SpA | 2060743 |
| 254892 | Enel SpA | 2633929 |
| 36443 | ERG SpA | 926678 |
| 38299 | Infrastrutture Wireless Italiane SpA | 350067 |
| 106242 | Terna - Rete Elettrica Nazionale | 1120522 |
|  | Total Italy | 7091939 |
| **Japan - 3.1%** | **Japan - 3.1%** | **Japan - 3.1%** |
| 39 | Advance Residence Investment Corp. | 42724 |
| 33606 | Arealink Co., Ltd. | 222611 |
| 94 | GLP J-Reit | 89056 |
| 1104 | Invincible Investment Corp. | 472051 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Japan - (continued)** | **Japan - (continued)** | **Japan - (continued)** |
| 401 | Japan Real Estate Investment Corp. | 343205 |
| 393 | KDX Realty Investment Corp., Class A Shares | 448046 |
| 157 | LaSalle Logiport REIT | 156081 |
| 56620 | Mitsubishi Estate Co., Ltd. | 1342544 |
| 447 | Mitsui Fudosan Accommodations Fund Inc., Class A Shares | 380356 |
| 226389 | Mitsui Fudosan Co., Ltd. | 2660900 |
| 1651 | Nippon Prologis REIT Inc. | 994550 |
| 324 | Nomura Real Estate Master Fund Inc. | 353412 |
| 3118 | Open House Group Co., Ltd. | 183213 |
| 762 | Orix JREIT Inc. | 523028 |
| 289 | Star Asia Investment Corp. | 115623 |
| 32160 | Sumitomo Realty & Development Co., Ltd. | 1552730 |
| 18773 | Tokyo Metro Co., Ltd. | 192910 |
| 306 | United Urban Investment Corp. | 361770 |
|  | Total Japan | 10434810 |
| **Luxembourg - 0.4%** | **Luxembourg - 0.4%** | **Luxembourg - 0.4%** |
| 35147 | ArcelorMittal SA | 1515539 |
| **Mexico - 1.1%** | **Mexico - 1.1%** | **Mexico - 1.1%** |
| 10778 | Corp. Inmobiliaria Vesta SAB de CV, ADR | 335735 |
| 3008 | Grupo Aeroportuario del Centro Norte SAB de CV, ADR<sup>(a)</sup> | 323540 |
| 3544 | Grupo Aeroportuario del Pacifico SAB de CV, ADR | 841665 |
| 7645 | Grupo Aeroportuario del Sureste SAB de CV, ADR | 2308408 |
|  | Total Mexico | 3809348 |
| **Netherlands - 0.7%** | **Netherlands - 0.7%** | **Netherlands - 0.7%** |
| 33684 | CTP NV | 716646 |
| 5404 | Ferrovial SE | 353664 |
| 25064 | Koninklijke Vopak NV | 1135361 |
|  | Total Netherlands | 2205671 |
| **New Zealand - 0.9%** | **New Zealand - 0.9%** | **New Zealand - 0.9%** |
| 591198 | Auckland International Airport Ltd. | 2713390 |
| 35916 | Infratil Ltd. | 240451 |
|  | Total New Zealand | 2953841 |
| **Norway - 0.1%** | **Norway - 0.1%** | **Norway - 0.1%** |
| 56825 | Norsk Hydro ASA | 406320 |
| **Philippines - 0.1%** | **Philippines - 0.1%** | **Philippines - 0.1%** |
| 35994 | International Container Terminal Services Inc. | 333470 |
| **Singapore - 1.2%** | **Singapore - 1.2%** | **Singapore - 1.2%** |
| 404648 | CapitaLand Ascendas REIT | 878465 |
| 477177 | CapitaLand Integrated Commercial Trust | 866347 |
| 317300 | Centurion Accommodation Reit<sup>\*</sup> | 281777 |
| 257713 | Frasers Centrepoint Trust | 453538 |
| 186994 | Keppel DC REIT | 333843 |
| 119021 | Lendlease Global Commercial REIT | 56983 |
| 792428 | NTT DC REIT<sup>\*</sup> | 761194 |
| 79783 | Sembcorp Industries Ltd. | 378154 |
|  | Total Singapore | 4010301 |
| **South Africa - 0.6%** | **South Africa - 0.6%** | **South Africa - 0.6%** |
| 39422 | Impala Platinum Holdings Ltd., ADR<sup>(c)</sup> | 492775 |
| 22631 | Valterra Platinum Ltd. | 1577449 |
|  | Total South Africa | 2070224 |
| **Spain - 4.1%** | **Spain - 4.1%** | **Spain - 4.1%** |
| 106575 | Aena SME SA<sup>(d)</sup> | 2898988 |
| 112897 | Cellnex Telecom SA<sup>(d)</sup> | 3385587 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

---

| | | |
|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **Spain - (continued)** | **Spain - (continued)** | **Spain - (continued)** |
| 126513 | EDP Renovaveis SA | 1684159 |
| 59600 | Iberdrola SA | 1258518 |
| 47303 | Merlin Properties Socimi SA | 697924 |
| 9911 | Neinor Homes SA<sup>\*</sup> | 211404 |
| 66216 | Redeia Corp. SA | 1180990 |
| 55043 | Repsol SA | 1021439 |
| 357519 | Sacyr SA | 1596995 |
|  | Total Spain | 13936004 |
| **Sweden - 0.7%** | **Sweden - 0.7%** | **Sweden - 0.7%** |
| 4383 | Catena AB | 205518 |
| 23637 | Cibus Nordic Real Estate AB publ | 409819 |
| 68735 | Dios Fastigheter AB | 470629 |
| 155652 | Fastighets AB Balder, Class B Shares<sup>\*</sup> | 1119071 |
| 14108 | Wihlborgs Fastigheter AB | 137381 |
|  | Total Sweden | 2342418 |
| **Switzerland - 0.0%** | **Switzerland - 0.0%** | **Switzerland - 0.0%** |
| 162 | Flughafen Zurich AG, Class Registered Shares | 48289 |
| **Thailand - 0.2%** | **Thailand - 0.2%** | **Thailand - 0.2%** |
| 475000 | Airports of Thailand PCL<sup>(c)</sup> | 643391 |
| **United Kingdom - 6.0%** | **United Kingdom - 6.0%** | **United Kingdom - 6.0%** |
| 55685 | Anglo American PLC | 2106716 |
| 277115 | BP PLC | 1666005 |
| 23498 | BP PLC, ADR | 848278 |
| 11669 | Derwent London PLC | 261851 |
| 124702 | Helios Towers PLC<sup>\*</sup> | 263407 |
| 52327 | Land Securities Group PLC | 419249 |
| 284703 | LondonMetric Property PLC | 709349 |
| 259460 | National Grid PLC | 3932745 |
| 1635 | National Grid PLC, ADR | 124440 |
| 164078 | Pennon Group PLC | 1197596 |
| 20219 | Rio Tinto PLC | 1454145 |
| 22637 | Safestore Holdings PLC | 222051 |
| 15663 | Segro PLC | 147928 |
| 10388 | Severn Trent PLC | 387316 |
| 132513 | Shaftesbury Capital PLC | 253562 |
| 54398 | Shell PLC | 2000590 |
| 39548 | SSE PLC | 1150936 |
| 324745 | Tritax Big Box REIT PLC | 638868 |
| 68308 | UNITE Group PLC | 477437 |
| 141382 | United Utilities Group PLC | 2313957 |
|  | Total United Kingdom | 20576426 |
| **United States - 49.4%** | **United States - 49.4%** | **United States - 49.4%** |
| 25981 | Acadia Realty Trust | 534429 |
| 29149 | Agree Realty Corp. | 2192588 |
| 50482 | Alcoa Corp. | 2107119 |
| 2141 | Alexandria Real Estate Equities Inc. | 114907 |
| 3546 | Alliant Energy Corp. | 246341 |
| 8426 | Ameren Corp. | 896105 |
| 24969 | American Electric Power Co., Inc. | 3090413 |
| 11659 | American Healthcare REIT Inc. | 592044 |
| 7058 | American Homes 4 Rent, Class A Shares | 226703 |
| 8063 | American Tower Corp. | 1461580 |
| 19217 | Antero Resources Corp.<sup>\*</sup> | 700075 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

---

| | | |
|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **United States - (continued)** | **United States - (continued)** | **United States - (continued)** |
| 8123 | Arcosa Inc. | $865424 |
| 9127 | AvalonBay Communities Inc. | 1660566 |
| 4326 | Black Hills Corp. | 319216 |
| 14725 | Brixmor Property Group Inc. | 384912 |
| 26745 | Broadstone Net Lease Inc., Class A Shares | 469910 |
| 15685 | Bunge Global SA | 1506858 |
| 3801 | Camden Property Trust | 404198 |
| 26647 | CareTrust REIT Inc. | 1000062 |
| 4064 | Casella Waste Systems Inc., Class A Shares<sup>\*</sup> | 391729 |
| 1353 | Caterpillar Inc. | 779003 |
| 2062 | CBRE Group Inc., Class A Shares<sup>\*</sup> | 333693 |
| 34089 | CenterPoint Energy Inc. | 1362878 |
| 18771 | CF Industries Holdings Inc. | 1477278 |
| 14117 | Cheniere Energy Inc. | 2942830 |
| 4897 | Chord Energy Corp. | 459632 |
| 25375 | CMS Energy Corp. | 1914290 |
| 61780 | Coeur Mining Inc.<sup>\*</sup> | 1066941 |
| 13393 | ConocoPhillips | 1187825 |
| 781 | Constellation Energy Corp. | 284565 |
| 8032 | COPT Defense Properties | 246823 |
| 7079 | Core Natural Resources Inc. | 566320 |
| 27885 | Corteva Inc. | 1881401 |
| 93856 | Crescent Energy Co., Class A Shares | 885062 |
| 36716 | Crown Castle Inc. | 3351437 |
| 11418 | CSX Corp. | 403741 |
| 5858 | CubeSmart | 218093 |
| 9921 | Curbline Properties Corp. | 237509 |
| 31379 | Darling Ingredients Inc.<sup>\*</sup> | 1148785 |
| 1104 | Deere & Co. | 512797 |
| 18420 | Diamondback Energy Inc. | 2810708 |
| 16763 | Digital Realty Trust Inc. | 2684092 |
| 42698 | DigitalBridge Group Inc. | 414598 |
| 26074 | Dominion Energy Inc. | 1636665 |
| 10782 | Douglas Emmett Inc. | 131433 |
| 1494 | DT Midstream Inc. | 181461 |
| 5538 | EastGroup Properties Inc. | 1003375 |
| 14637 | Empire State Realty Trust Inc., Class A Shares | 102898 |
| 24978 | Entergy Corp. | 2435855 |
| 10540 | EQT Corp. | 641464 |
| 7563 | Equinix Inc. | 5697284 |
| 903 | Equity LifeStyle Properties Inc. | 56772 |
| 21609 | Equity Residential | 1334356 |
| 10493 | Essential Properties Realty Trust Inc. | 332208 |
| 48320 | Essential Utilities Inc. | 1912989 |
| 5453 | Essex Property Trust Inc. | 1437520 |
| 13817 | Evergy Inc. | 1072890 |
| 42802 | Exelon Corp. | 2016830 |
| 21595 | Expand Energy Corp. | 2633078 |
| 7570 | Extra Space Storage Inc. | 1008097 |
| 7955 | Exxon Mobil Corp. | 922144 |
| 20890 | First Industrial Realty Trust Inc. | 1195744 |
| 3787 | First Solar Inc.<sup>\*</sup> | 1033548 |
| 8558 | Four Corners Property Trust Inc. | 205734 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

---

| | | |
|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **United States - (continued)** | **United States - (continued)** | **United States - (continued)** |
| 39687 | Freeport-McMoRan Inc. | $1705747 |
| 19542 | Gaming & Leisure Properties Inc. | 850663 |
| 35072 | GO Residential Real Estate Investment Trust | 387195 |
| 34147 | Helmerich & Payne Inc. | 952701 |
| 10885 | HF Sinclair Corp. | 575925 |
| 7764 | Highwoods Properties Inc. | 215839 |
| 1254 | Hyatt Hotels Corp., Class A Shares | 206145 |
| 1056 | IDACORP Inc. | 139160 |
| 56082 | International Paper Co. | 2214117 |
| 73344 | Invitation Homes Inc. | 2068301 |
| 16146 | Iron Mountain Inc. | 1394207 |
| 14561 | Kilroy Realty Corp. | 624521 |
| 70696 | Kimbell Royalty Partners LP | 880165 |
| 37119 | Kimco Realty Corp. | 766879 |
| 74260 | Kinder Morgan Inc. | 2028783 |
| 1121 | Lamar Advertising Co., Class A Shares | 148409 |
| 8439 | Lineage Inc. | 302285 |
| 6102 | Louisiana-Pacific Corp. | 500425 |
| 4219 | LXP Industrial Trust | 204622 |
| 35001 | Macerich Co. | 607617 |
| 7162 | Marathon Petroleum Corp. | 1387494 |
| 657 | Marriott International Inc., Class A Shares | 200247 |
| 36508 | Metallus Inc.<sup>\*</sup> | 617350 |
| 3887 | Mid-America Apartment Communities Inc. | 528204 |
| 26959 | Mosaic Co. | 660226 |
| 46004 | NETSTREIT Corp.<sup>(a)</sup> | 843253 |
| 42998 | Newmont Corp. | 3901209 |
| 64815 | NextEra Energy Inc. | 5592886 |
| 49069 | NiSource Inc. | 2165415 |
| 5122 | NNN REIT Inc. | 211795 |
| 2205 | Norfolk Southern Corp. | 644058 |
| 3077 | NRG Energy Inc. | 521521 |
| 3608 | Nucor Corp. | 575440 |
| 4237 | Omega Healthcare Investors Inc. | 194563 |
| 33054 | ONEOK Inc. | 2406992 |
| 6034 | Packaging Corp. of America | 1231358 |
| 27873 | Peabody Energy Corp. | 759261 |
| 102358 | Permian Resources Corp., Class A Shares | 1483167 |
| 128594 | PG&E Corp. | 2072935 |
| 10350 | Phillips 66 | 1417536 |
| 40999 | Prologis Inc. | 5269601 |
| 8632 | Public Storage | 2369829 |
| 7055 | Realty Income Corp. | 406439 |
| 6131 | Regency Centers Corp. | 436282 |
| 3162 | Republic Services Inc., Class A Shares | 686344 |
| 18039 | Rexford Industrial Realty Inc. | 750603 |
| 5471 | Royal Gold Inc. | 1115209 |
| 4715 | Ryman Hospitality Properties Inc. | 449952 |
| 24233 | Sabra Health Care REIT Inc. | 472786 |
| 50933 | Sempra | 4824374 |
| 15165 | Simon Property Group Inc. | 2825543 |
| 11145 | SITE Centers Corp. | 82027 |
| 8449 | SL Green Realty Corp. | 398201 |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

---

| | | |
|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Shares/Units** | **Security** | **Value** |
| **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** | **COMMON STOCKS - (continued)** |
| **United States - (continued)** | **United States - (continued)** | **United States - (continued)** |
| 8425 | Smartstop Self Storage REIT Inc. | 275329 |
| 9256 | Southern Co. | 843407 |
| 10072 | Spire Inc. | 892984 |
| 24819 | SSR Mining Inc.<sup>\*</sup> | 577669 |
| 10308 | Steel Dynamics Inc. | 1729992 |
| 5637 | Sun Communities Inc. | 726271 |
| 15946 | Tanger Inc. | 535467 |
| 2637 | Targa Resources Corp. | 462292 |
| 2719 | UDR Inc. | 99026 |
| 2129 | Union Pacific Corp. | 493566 |
| 17579 | Unit Corp.<sup>(c)</sup> | 595823 |
| 6796 | Urban Edge Properties | 130619 |
| 9138 | Valero Energy Corp. | 1615233 |
| 44341 | Ventas Inc. | 3575215 |
| 10113 | Veris Residential Inc. | 152302 |
| 63154 | VICI Properties Inc., Class A Shares | 1820098 |
| 2629 | Vistra Corp. | 470223 |
| 7869 | Waste Management Inc. | 1714419 |
| 797 | WEC Energy Group Inc. | 89320 |
| 39327 | Welltower Inc. | 8188668 |
| 23741 | Williams Cos., Inc. | 1446539 |
| 5657 | Wyndham Hotels & Resorts Inc. | 414092 |
| 44714 | Xcel Energy Inc. | 3671467 |
|  | Total United States | 168123652 |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost - $273,837,758) | **299603037** |
| **EXCHANGE TRADED FUNDS (ETFs) - 10.6%** | **EXCHANGE TRADED FUNDS (ETFs) - 10.6%** | **EXCHANGE TRADED FUNDS (ETFs) - 10.6%** |
| **United States - 10.6%** | **United States - 10.6%** | **United States - 10.6%** |
| 30694 | Bitwise Bitcoin<sup>\*</sup> | 1513828 |
| 531918 | Pimco Commodity Strategy Active Exchange-Traded Fund | 14750086 |
| 182236 | SPDR Gold MiniShares Trust<sup>\*</sup> | 15209416 |
| 55660 | VanEck Gold Miners | 4632582 |
|  | Total United States | 36105912 |
|  | **TOTAL EXCHANGE TRADED FUNDS (ETFs)** |  |
|  | (Cost - $30,008,470) | **36105912** |
| **LIMITED PARTNERSHIP - 0.2%** | **LIMITED PARTNERSHIP - 0.2%** | **LIMITED PARTNERSHIP - 0.2%** |
| **United States - 0.2%** | **United States - 0.2%** | **United States - 0.2%** |
| 33442 | Energy Transfer LP |  |
|  | (Cost - $598,176) | 558816 |
| **CLOSED-END FUND - 0.0%** | **CLOSED-END FUND - 0.0%** | **CLOSED-END FUND - 0.0%** |
| **Jersey, Channel Islands - 0.0%** | **Jersey, Channel Islands - 0.0%** | **Jersey, Channel Islands - 0.0%** |
| 33279 | 3i Infrastructure PLC |  |
|  | (Cost - $138,982) | 160784 |
|  | **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS** |  |
|  | (Cost - $304,583,386) | **336428549** |

---

**Schedules of Investments**

**November 30, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** | **Destinations Real Assets Fund (continued)** |
| **Face Amount†** | **** | **Security** | **Value** |
| **SHORT-TERM INVESTMENTS - 1.1%** | **SHORT-TERM INVESTMENTS - 1.1%** | **SHORT-TERM INVESTMENTS - 1.1%** | **SHORT-TERM INVESTMENTS - 1.1%** |
| **TIME DEPOSITS - 1.1%** | **TIME DEPOSITS - 1.1%** | **TIME DEPOSITS - 1.1%** | **TIME DEPOSITS - 1.1%** |
| 486 | <sup>AUD</sup> | ANZ National Bank - Hong Kong, 2.300% due 12/1/25 | $319 |
|  | | Brown Brothers Harriman - Grand Cayman: |  |
| 227 | <sup>JPY</sup> | &nbsp;&nbsp;0.120% due 12/1/25 | 2 |
| 58 | <sup>SEK</sup> | &nbsp;&nbsp;0.660% due 12/1/25 | 6 |
| 16 | <sup>NZD</sup> | &nbsp;&nbsp;1.100% due 12/1/25 | 9 |
|  | | Citibank - London: |  |
| 89 | <sup>EUR</sup> | &nbsp;&nbsp;0.880% due 12/1/25 | 103 |
| 4909 | <sup>GBP</sup> | &nbsp;&nbsp;2.910% due 12/1/25 | 6496 |
| 196 | <sup>HKD</sup> | Hong Kong & Shanghai Bank - Hong Kong, 0.980% due 12/1/25 | 25 |
| 12690 | <sup>SGD</sup> | Hong Kong & Shanghai Bank - Singapore, 0.350% due 12/1/25 | 9793 |
| 3122079 | | JPMorgan Chase & Co. - New York, 3.220% due 12/1/25 | 3122079 |
|  | | Royal Bank of Canada - Toronto: |  |
| 56 | <sup>CAD</sup> | &nbsp;&nbsp;1.080% due 12/1/25 | 40 |
| 733031 | | &nbsp;&nbsp;3.220% due 12/1/25 | 733031 |
|  | | **TOTAL TIME DEPOSITS** |  |
|  | | (Cost - $3,871,903) | **3871903** |
| **Shares/Units** | **** |  |  |
| **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** | **INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING - 0.3%** |
| **MONEY MARKET FUND - 0.3%** | **MONEY MARKET FUND - 0.3%** | **MONEY MARKET FUND - 0.3%** | **MONEY MARKET FUND - 0.3%** |
| 946357 | | Federated Government Obligations Fund, Premier Class, 3.915%<sup>(e)</sup> |  |
|  | | (Cost - $946,357) | 946357 |
|  | | **TOTAL INVESTMENTS - 100.2%** |  |
|  | | (Cost - $309,401,646) | **341246809** |
|  | | Liabilities in Excess of Other Assets - (0.2)% | (777846) |
|  | | **TOTAL NET ASSETS - 100.0%** | $**340468963** |

---

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| \* | Non-income producing security. |
| (a) | All or a portion of this security is on loan. |
| (b) | Security trades on the Hong Kong exchange. |
| (c) | Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $1,731,989 and represents 0.51% of net assets. |
| (d) | Restricted security that may be sold to "qualified institutional buyers" pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. The aggregate value of restricted 144A holdings at November 30, 2025, amounts to $6,284,575 and represents 1.85% of net assets. |
| (e) | Represents investment of collateral received from securities lending transactions. |

---

---

| | | |
|:---|:---|:---|
| Abbreviations used in this schedule: | Abbreviations used in this schedule: | Abbreviations used in this schedule: |
| ADR | **—** | American Depositary Receipts |
| LP | **—** | Limited Partnership |
| PCL | **—** | Public Company Limited |
| PLC | **—** | Public Limited Company |
| REIT | **—** | Real Estate Investment Trust |
| SPDR | **—** | Standard & Poor's Depository Receipts |

---

**Schedules of Investments** 

**November 30, 2025 (unaudited)** 

**Destinations Real Assets Fund (concluded)**

---

| | |
|:---|:---|
| **Summary of Investments by Security Sector^** | |
| Financial | 30.0% |
| Utilities | 17.7 |
| Energy | 14.8 |
| Industrial | 11.1 |
| Basic Materials | 10.7 |
| Consumer Non-cyclical | 2.8 |
| Communications | 0.5 |
| Consumer Cyclical | 0.4 |
| Exchange Traded Funds (ETFs) | 10.6 |
| Closed-End Fund | 0.0 \* |
| Short-Term Investments | 1.1 |
| Money Market Fund | 0.3 |
|  | 100.0% |

---

---

| |
|:---|
| ^ As a percentage of total investments. |
| \* Position represents less than 0.05%. |

---

---

| | | |
|:---|:---|:---|
| Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: | Currency Abbreviations used in this schedule: |
| AUD | **—** | Australian Dollar |
| CAD | **—** | Canadian Dollar |
| EUR | **—** | Euro |
| GBP | **—** | British Pound |
| HKD | **—** | Hong Kong Dollar |
| JPY | **—** | Japanese Yen |
| NZD | **—** | New Zealand Dollar |
| SEK | **—** | Swedish Krona |
| SGD | **—** | Singapore Dollar |

---

**Ratings (unaudited)**

The definitions of the applicable rating symbols are set forth below:

*Standard & Poor's Ratings Service ("Standard & Poor's")* — Ratings from "AA" to "CCC" may be modified by the addition of a plus (+) or minus (-) sign to show relative standings within the major rating categories.

AAA — Bonds rated "AAA" have the highest rating assigned by Standard & Poor's. Capacity to pay interest and repay principal is extremely strong.

AA — Bonds rated "AA" have a very strong capacity to pay interest and repay principal and differ from the highest rated issues only in a small degree.

A — Bonds rated "A" have a strong capacity to pay interest and repay principal although they are somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than debt in higher rated categories.

BBB — Bonds rated "BBB" are regarded as having an adequate capacity to pay interest and repay principal. Whereas they normally exhibit adequate protection parameters, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity to pay interest and repay principal for bonds in this category than in higher rated categories.

BB, B, CCC, CC and C — Bonds rated "BB", "B", "CCC", "CC" and "C" are regarded, on balance, as predominantly speculative with respect to capacity to pay interest and repay principal in accordance with the terms of the obligation. "BB" represents the lowest degree of speculation and "C" the highest degree of speculation. While such bonds will likely have some quality and protective characteristics, these are outweighed by large uncertainties or major risk exposures to adverse conditions.

D — Bonds rated "D" are in default and payment of interest and/or repayment of principal is in arrears.

P — Preliminary rating.

u — The upgrade state defines bonds that have recently been upgraded into higher rating categories.

*Moody's Investors Service ("Moody's")* — Numerical modifiers 1, 2 and 3 may be applied to each generic rating from "Aa" to "Caa", where 1 is the highest and 3 the lowest ranking within its generic category.

Aaa — Bonds rated "Aaa" are judged to be of the best quality. They carry the smallest degree of investment risk and are generally referred to as "gilt edge". Interest payments are protected by a large or by an exceptionally stable margin and principal is secure. While the various protective elements are likely to change, such changes as can be visualized are most unlikely to impair the fundamentally strong position of such issues.

Aa — Bonds rated "Aa" are judged to be of high quality by all standards. Together with the "Aaa" group they comprise what are generally known as high grade bonds. They are rated lower than the best bonds because margins of protection may not be as large as in "Aaa" securities or fluctuation of protective elements may be of greater amplitude or there may be other elements present which make the long-term risks appear somewhat larger than in "Aaa" securities.

A — Bonds rated "A" possess many favorable investment attributes and are to be considered as upper medium grade obligations. Factors giving security to principal and interest are considered adequate but elements may be present which suggest a susceptibility to impairment some time in the future.

Baa — Bonds rated "Baa" are considered as medium grade obligations, i.e., they are neither highly protected nor poorly secured. Interest payments and principal security appear adequate for the present but certain protective elements may be lacking or may be characteristically unreliable over any great length of time. Such bonds lack outstanding investment characteristics and in fact have speculative characteristics as well.

**Ratings (unaudited) (continued)**

Ba — Bonds rated "Ba" are judged to have speculative elements; their future cannot be considered as well assured. Often the protection of interest and principal payments may be very moderate and therefore not well safeguarded during both good and bad times over the future. Uncertainty of position characterizes bonds in this class.

B — Bonds rated "B" generally lack characteristics of desirable investments. Assurance of interest and principal payments or of maintenance of other terms of the contract over any long period of time may be small.

Caa — Bonds rated "Caa" are of poor standing. These may be in default, or present elements of danger may exist with respect to principal or interest.

Ca — Bonds rated "Ca" represent obligations which are speculative in a high degree. Such issues are often in default or have other marked short-comings.

C — Bonds rated "C" are the lowest class of bonds and issues so rated can be regarded as having extremely poor prospects of ever attaining any real investment standing.

e — Expected.

u — Upgraded.

*Fitch Ratings Service ("Fitch")* — Ratings from "AA" to "CCC" may be modified by the addition of a plus (+) or minus (-) sign to show relative standings within the major rating categories.

AAA — Bonds rated "AAA" have the highest rating assigned by Fitch. Capacity to pay interest and repay principal is extremely strong.

AAApre — Stable Outlook rating is based on the pledge of securities in the escrow deposit fund securing the bonds and reflects the lien of the refunded bondholders on the escrow trust funds and that all amounts have been invested in direct non-callable obligations of the United States.

AA — Bonds rated "AA" have a very strong capacity to pay interest and repay principal and differ from the highest rated issues only in a small degree.

A — Bonds rated "A" have a strong capacity to pay interest and repay principal although they are somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than debt in higher rated categories.

BBB — Bonds rated "BBB" are regarded as having an adequate capacity to pay interest and repay principal. Whereas they normally exhibit adequate protection parameters, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity to pay interest and repay principal for bonds in this category than in higher rated categories.

BB, B, CCC, CC and C — Bonds rated "BB", "B", "CCC", "CC" and "C" are regarded, on balance, as predominantly speculative with respect to capacity to pay interest and repay principal in accordance with the terms of the obligation. "BB" represents a lower degree of speculation than "B", and "CC" the highest degree of speculation. While such bonds will likely have some quality and protective characteristics, these are outweighed by large uncertainties or major risk exposures to adverse conditions.

D — Bonds rated "D" are in default and payment of interest and/or repayment of principal is in arrears.

NR — Indicates that the bond is not rated by Standard & Poor's, Moody's, or Fitch.

WD, WR — Indicates that the bonds rating has been withdrawn and the issuer is no longer rated by Standard & Poor's, Moody's or Fitch.

**Ratings (unaudited) (concluded)**

**Short-Term Security Ratings**

SP-1 — Standard & Poor's highest rating indicating very strong or strong capacity to pay principal and interest; those issues determined to possess overwhelming safety characteristics are denoted with a plus (+) sign.

A-1 — Standard & Poor's highest commercial paper and variable-rate demand obligation (VRDO) rating indicating that the degree of safety regarding timely payment is either overwhelming or very strong; those issues determined to possess overwhelming safety characteristics are denoted with a plus (+) sign.

VMIG 1 — Moody's highest rating for issues having a demand feature — VRDO.

MIG1 — Moody's highest rating for short-term municipal obligations.

P-1 — Moody's highest rating for commercial paper and for VRDO prior to the advent of the VMIG 1 rating.

F-1 — Fitch's highest rating indicating the strongest capacity for timely payment of financial commitments; those issues determined to possess overwhelming strong credit feature are denoted with a plus (+) sign.

F-2 — Fitch's rating indicating a good capacity for timely payment of financial commitments.

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)**

**1. Organization**

Brinker Capital Destinations Trust ("Trust") is organized as a Delaware statutory trust and registered under the Investment Company Act of 1940, as amended ("1940 Act"), as an open-end management investment company. The Trust currently consists of Destinations Large Cap Equity Fund, Destinations Small-Mid Cap Equity Fund, Destinations International Equity Fund, Destinations Equity Income Fund, Destinations Core Fixed Income Fund, Destinations Low Duration Fixed Income Fund, Destinations Global Fixed Income Opportunities Fund, Destinations Municipal Fixed Income Fund, Destinations Multi Strategy Alternatives Fund, Destinations Shelter Fund and Destinations Real Assets Fund (reopened on November 14, 2024) (individually, a "Fund" and collectively, the "Funds"). The Destinations Funds are used to implement certain model-based advisory programs. Client assets from such advisory programs were reallocated into the Fund as of November 14, 2024, and, accordingly, audited financial statements have only been provided for the period from November 14, 2024 until the Fund's fiscal year end on February 28, 2025. Because the Fund was not an active component in those advisory programs during its 2022, 2023 and 2024 fiscal years, there were no audited financial statements for the Fund during those fiscal years. For the Fund's 2022, 2023 and 2024 fiscal years, the Adviser was the sole beneficial owner of the Fund, and the Fund had only de minimis assets, which consisted entirely of cash. Because the Fund was not obligated to conduct an audit for the fiscal years ended 2022, 2023 and 2024, unaudited financial statements for those time periods have not been included within this report. Each Fund currently offers two classes of shares designated as Class I and Class Z shares.

Orion Portfolio Solutions LLC serves as the investment adviser to the Funds and conducts business as Brinker Capital Investments ("Brinker Capital" or the "Adviser"). The Funds employ a multimanager strategy. The Adviser selects and oversees professional money managers (each a "Sub-adviser") who are responsible for investing the assets of the Funds allocated to them.

**2. Investment valuation**

Equity securities for each Fund for which market quotations are readily available and are traded on an exchange are valued at the closing sale price or official closing price on the exchange on which such security is principally traded. In the event there are no sales that day, such securities are valued at the bid price. For equity securities that are primarily traded on foreign exchanges, these values are converted to U.S. dollars using the current exchange rates as of the close of the New York Stock Exchange ("NYSE").

Futures contracts are valued at the last posted settlement price in the market where such contracts are principally traded. Foreign currency forward contracts are valued at the current Business Day's interpolated foreign exchange rate, as calculated using the current day's spot rate, and the thirty, sixty, ninety and one-hundred eighty day forward rates provided by an independent source.

Portfolio securities traded in the over-the-counter market for which market quotations are readily available are valued at the last sales price that day. In the event there are no sales that day, such securities are valued at the bid price. Investments in registered open-end management investment companies are valued at the last reported net asset value per share.

Securities pledged by the Funds as collateral, if any, are identified as such in the Schedules of Investments.

Debt obligations that will mature in 60 days or less are valued at amortized cost, which approximates market value. Debt obligations that will mature in more than 60 days are valued using valuations furnished by an approved third-party pricing service; such valuations are determined by the third-party pricing service based upon its analysis of a variety of factors, including transactions in debt obligations, quotations from bond dealers, market transactions in comparable securities and its analysis of various relationships between securities, prices or yields of securities with similar characteristics, benchmark curves or information pertaining to the issuer, as well as industry and economic events.

The Board of Trustees (the "Board") has ultimate responsibility for ensuring the Funds' investments are valued appropriately. Pursuant to the requirements of the 1940 Act and Rule 2a-5, the Board designated a committee of persons at the investment adviser as the "Valuation Designee" to perform fair value determinations and approved revised policies and procedures for the Trust. The Valuation Designee is subject to the Board's oversight and certain reporting and other requirements intended to ensure that the Board receives the information it needs to oversee the Valuation Designee's fair value determinations. When market quotations are not readily available or are determined to be unreliable, investments are valued at fair value as determined in good faith by the valuation committee established by the Adviser in accordance with such procedures under the oversight of the Board. Circumstances that may indicate that market quotations are not readily available or are unreliable include, but are not limited to, such instances when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, and before the applicable Fund calculates its Net Asset Value ("NAV").

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

Each business day, the Funds use a Board-approved third-party pricing service to assist with the valuation of foreign equity securities. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair-valued securities to more accurately reflect their fair value as of the close of regular trading on the NYSE.

The Funds disclose the fair value of their investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The hierarchy prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities that segregates fair value measurements into levels (Level 1, 2, and 3). The three levels of the fair value hierarchy are as follows:

Level 1 — unadjusted quoted prices in active markets for identical securities.

Level 2 — significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 — significant unobservable inputs (including assumptions made by the Board or persons acting at their direction that are used in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The following are certain inputs and techniques that the Funds generally use to evaluate how to classify each major category of assets and liabilities in accordance with GAAP.

Fixed income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. treasury obligations, sovereign bonds, bank loans, convertible preferred securities and non-U.S. bonds are normally valued by third-party pricing service providers that use broker quotations, reported trades or valuation estimates from their internal pricing models. The service providers' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy. To the extent that these inputs are significant and unobservable, the values are categorized as Level 3 of the fair value hierarchy.

Mortgage-related and asset-backed securities are usually issued as separate tranches, or classes, of securities within each deal. These securities are also normally valued by third-party pricing service providers that use broker-dealer quotations or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche-level attributes, current market data, estimated cash flows and market-based yield spreads for each tranche, and incorporate deal collateral performance, as available. Mortgage-related and asset-backed securities and the related forward sales commitments that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy. To the extent that these inputs are significant and unobservable, the values are categorized as Level 3 of the fair value hierarchy.

Common stocks, preferred stocks, rights, warrants, exchange-traded funds and financial derivative instruments, such as futures contracts or options contracts that are traded on a national securities exchange, are categorized as Level 1 of the fair value hierarchy, to the extent these securities are actively traded and valuation adjustments are not applied.

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

Valuation adjustments may be applied to certain securities that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the NYSE close. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy. Preferred securities and other equities traded on inactive markets or valued by reference to similar instruments are also categorized as Level 2 of the fair value hierarchy.

Investments in registered open-end investment management companies are valued based upon the NAVs of such investments on the valuation date and are categorized as Level 1 of the fair value hierarchy.

Short-term investments having a maturity of 60 days or less are generally valued at amortized cost which approximates fair market value. These investments are categorized as Level 2 of the fair value hierarchy.

Over-the-counter financial derivative instruments, such as forward foreign currency contracts, derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These contracts are normally valued on the basis of broker dealer quotations or by third-party pricing service providers. Depending on the product and the terms of the transaction, the value of financial derivatives can be estimated by a third-party pricing service provider using a series of techniques, including simulation pricing models. The pricing models use inputs that are observed from actively quoted markets such as issuer details, indices, spreads, interest rates, yield curves, dividends and exchange rates. Financial derivatives that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy. To the extent that these inputs are significant and unobservable, the values are categorized as Level 3 of the fair value hierarchy.

Centrally cleared swaps listed or traded on the multilateral or trade facility platform, such as a registered exchange, are valued at the daily settlement price determined by the respective exchange. For centrally cleared credit default swaps, the clearing facility requires its members to provide actionable levels across complete term structures. These levels along with external third party prices are used to produce daily settlement prices. Centrally cleared interest rate swaps are valued using a pricing model that references the underlying rates including the overnight index swap rate and London Interbank Offered Rate ("LIBOR") forward rate to produce the daily settlement price. These securities are categorized as Level 2 of the fair value hierarchy.

The Funds' policy is to recognize transfers between levels at the end of the reporting period. In some instances, the inputs used to measure fair value might fall in different levels of the fair value hierarchy. The level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

The following table summarizes the valuation of each Fund's assets and liabilities using the fair value hierarchy:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Large Cap Equity Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic Materials | $50487956 | $50487956 | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Communications | 483468128 | 483468128 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Cyclical | 353154302 | 353154302 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Non-cyclical | 459280408 | 459280408 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy | 96002534 | 96002534 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial | 546794288 | 546794288 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial | 362566082 | 362566082 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Technology | 1006683225 | 1006680094 |  | 3131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Utilities | 15078856 | 15078856 |  |  |
| &nbsp;&nbsp;Exchange Traded Funds (ETFs) | 206211933 | 206211933 |  |  |
| &nbsp;&nbsp;Preferred Stocks | 771368 |  |  | 771368 |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 45840083 | – | 45840083 | – |
| **Total Investments, at value** | $**3626339163** | $**3579724581** | $**45840083** | $**774499** |
| **Other Financial Instruments - Assets** |  |  |  |  |
| &nbsp;&nbsp;Futures Contracts | $102410 | $102410 | $– | $– |
| **Total Other Financial Instruments - Assets** | $**102410** | $**102410** | $**–** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Small-Mid Cap Equity Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic Materials | $32616180 | $32616180 | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Communications | 30183323 | 30183323 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Cyclical | 72277168 | 72277168 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Non-cyclical | 150018003 | 150017821 |  | 182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy | 38028077 | 38028077 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial | 119430857 | 119430857 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government | 31250 | 31250 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial | 144436146 | 144436146 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Technology | 60004421 | 60004421 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Utilities | 25689973 | 25689973 |  |  |
| &nbsp;&nbsp;Exchange Traded Funds (ETFs) | 22533129 | 22533129 |  |  |
| &nbsp;&nbsp;Limited Partnership | 12799 | 12799 |  |  |
| &nbsp;&nbsp;Closed-End Fund | 1919 | 1919 |  |  |
| &nbsp;&nbsp;Rights | 320 | 320 |  |  |
| &nbsp;&nbsp;Warrant | 81 | 81 |  |  |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 12859530 |  | 12859530 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 6469146 | 6469146 | – | – |
| **Total Investments, at value** | $**714592322** | $**701732610** | $**12859530** | $**182** |
| **Other Financial Instruments - Assets** |  |  |  |  |
| &nbsp;&nbsp;Futures Contracts | $36695 | $36695 | $– | $– |
| **Total Other Financial Instruments - Assets** | $**36695** | $**36695** | $**–** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations International Equity Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia | $48572190 | $– | $48572190 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Austria | 1030182 |  | 1030182 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Belgium | 3737316 |  | 3737316 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bermuda | 2010612 |  | 2010612 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brazil | 28903036 | 5918754 | 22984282 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canada | 129290394 | 18071367 | 111219027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chile | 1619106 | 1404749 | 214357 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;China | 64819992 | 16100369 | 48719623 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Denmark | 25597369 | 2552727 | 23044642 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Finland | 36540918 |  | 36540918 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;France | 128288844 |  | 128288844 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Germany | 100652594 |  | 100652594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Greece | 5718244 |  | 5718244 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | 31214230 | 8245981 | 22968249 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;India | 109046362 | 2885098 | 106161264 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Indonesia | 21068307 |  | 21068307 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ireland | 33188526 | 8699263 | 24489263 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Israel | 8130313 | 3850959 | 4279354 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Italy | 56426932 |  | 56426932 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan | 264173217 |  | 264132504 | 40713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | 9586490 | 1453640 | 8132850 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Macau | 145872 |  | 145872 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Malaysia | 1648070 |  | 1648070 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico | 13702509 |  | 13702509 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Netherlands | 72420371 | 2381180 | 70039191 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand | 1036127 |  | 1036127 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Norway | 17825896 |  | 17825896 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Peru | 2776839 | 2776839 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Philippines | 2865387 |  | 2865387 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Poland | 3293999 |  | 3293999 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Portugal | 5131670 |  | 5131670 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Russia | 843 |  |  | 843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabia | 2536966 |  | 2536966 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore | 14609556 | 4965917 | 9643639 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;South Africa | 4240734 |  | 4240734 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;South Korea | 84853733 |  | 84853733 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Spain | 29427986 |  | 29427986 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sweden | 48227477 | 2899130 | 45328347 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Switzerland | 88801098 | 9465880 | 79335218 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan | 87335412 | 10975935 | 76359477 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Thailand | 1987858 |  | 1987858 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkey | 447604 |  | 447604 |  |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations International Equity Fund (continued)** |  |  |  |  |
| Investments, at value (continued) |  |  |  |  |
| &nbsp;&nbsp;Common Stocks: (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United Arab Emirates | $735482 | $– | $735482 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | 184411588 | 11260870 | 172997822 | 152896 |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 29794978 | 28040822 | 812564 | 941592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uruguay | 13329833 | 13329833 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Vietnam | 1530933 |  | 1530933 |  |
| &nbsp;&nbsp;Exchange Traded Funds (ETFs) | 103861397 | 103861397 |  |  |
| &nbsp;&nbsp;Preferred Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Germany | 6964540 |  | 6964540 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 52677 |  |  | 52677 |
| &nbsp;&nbsp;Warrants: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canada | – \* |  |  | – \* |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 650 | 650 |  |  |
| &nbsp;&nbsp;Right | 230 |  |  | 230 |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 18940481 |  | 18940481 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Agency | 10457000 |  | 10457000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 14501488 | 14501488 | – | – |
| **Total Investments, at value** | $**1977512458** | $**273642848** | $**1702680659** | $**1188951** |
| **Other Financial Instruments - Assets** |  |  |  |  |
| &nbsp;&nbsp;Futures Contracts | $66094 | $66094 | $– | $– |
| &nbsp;&nbsp;OTC Total Return Swaps | 1093797 | – | 1093797 | – |
| **Total Other Financial Instruments - Assets** | $**1159891** | $**66094** | $**1093797** | $**–** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;Options Contracts Written | $(17250) | $(17250) | $– | $– |
| &nbsp;&nbsp;OTC Total Return Swaps | (1177586) | – | (1177586) | – |
| **Total Other Financial Instruments - Liabilities** | $**(1194836)** | $**(17250)** | $**(1177586)** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Equity Income Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic Materials | $11951905 | $6786318 | $5165587 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Communications | 30114259 | 21517358 | 8596901 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Cyclical | 23375048 | 19743261 | 3631787 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Non-cyclical | 92963052 | 61416784 | 31546268 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy | 42556708 | 23210258 | 19346450 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial | 98628245 | 67126580 | 31501665 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial | 40595228 | 18565162 | 22030066 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Technology | 19598629 | 17648282 | 1950347 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Utilities | 49346055 | 38834767 | 10511288 |  |
| &nbsp;&nbsp;Exchange Traded Fund (ETF) | 61145883 | 61145883 |  |  |
| &nbsp;&nbsp;Limited Partnership | 2531948 | 2531948 |  |  |
| &nbsp;&nbsp;Convertible Preferred Stock | 2200056 | 2200056 |  |  |
| &nbsp;&nbsp;Warrant | 1486966 | 1486966 |  |  |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Notes | 1392971 |  | 1392971 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 5420475 |  | 5420475 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 4940755 | 4940755 | – | – |
| **Total Investments, at value** | $**488248183** | $**347154378** | $**141093805** | $**–** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;Options Contracts Written | $(4280) | $(4280) | $– | $– |
| **Total Other Financial Instruments - Liabilities** | $**(4280)** | $**(4280)** | $**–** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Core Fixed Income Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;U.S. Government Agencies & Obligations | $414382656 | $– | $414382656 | $– |
| &nbsp;&nbsp;Mortgage-Backed Securities | 395427349 |  | 395427349 |  |
| &nbsp;&nbsp;Corporate Bonds & Notes | 285700184 |  | 285700184 |  |
| &nbsp;&nbsp;Collateralized Mortgage Obligations | 255530030 |  | 255530030 |  |
| &nbsp;&nbsp;Asset-Backed Securities | 147326101 |  | 147326101 |  |
| &nbsp;&nbsp;Collateralized Loan Obligations | 22555106 |  | 22555106 |  |
| &nbsp;&nbsp;Sovereign Bonds | 9843394 |  | 9843394 |  |
| &nbsp;&nbsp;Senior Loans | 4319787 |  | 4319787 |  |
| &nbsp;&nbsp;Municipal Bonds | 982470 |  | 982470 |  |
| &nbsp;&nbsp;Exchange Traded Fund (ETF) | 29659228 | 29659228 |  |  |
| &nbsp;&nbsp;Common Stock | 4858 |  |  | 4858 |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 23301401 |  | 23301401 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 94035 | 94035 | – | – |
| **Total Investments, at value** | $**1589126599** | $**29753263** | $**1559368478** | $**4858** |
| **Other Financial Instruments - Assets** |  |  |  |  |
| &nbsp;&nbsp;Futures Contracts | $17384 | $17384 | $– | $– |
| &nbsp;&nbsp;Centrally Cleared Interest Rate Swap Contracts | 560952 | – | 560952 | – |
| **Total Other Financial Instruments - Assets** | $**578336** | $**17384** | $**560952** | $**–** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;Futures Contracts | $(16299) | $(16299) | $– | $– |
| &nbsp;&nbsp;Centrally Cleared Interest Rate Swap Contracts | (179188) |  | (179188) |  |
| &nbsp;&nbsp;Forward Sale Commitments | (28736065) | – | (28736065) | – |
| **Total Other Financial Instruments - Liabilities** | $**(28931552)** | $**(16299)** | $**(28915253)** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Low Duration Fixed Income Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Corporate Bonds & Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic Materials | $1045676 | $– | $1045676 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Communications | 12306813 |  | 11398609 | 908204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Cyclical | 6107641 |  | 6107641 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Non-cyclical | 32865609 |  | 26851859 | 6013750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy | 9168546 |  | 9168546 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial | 16205754 |  | 16205754 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthcare | 5410487 |  |  | 5410487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial | 9446292 |  | 9446292 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Technology | 10603790 |  | 10603790 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Utilities | 3376043 |  | 3376043 |  |
| &nbsp;&nbsp;Collateralized Mortgage Obligations | 32590231 |  | 32590231 |  |
| &nbsp;&nbsp;U.S. Government Agencies & Obligations | 29152137 |  | 29152137 |  |
| &nbsp;&nbsp;Collateralized Loan Obligations | 19740687 |  | 19740687 |  |
| &nbsp;&nbsp;Asset-Backed Securities | 11951588 |  | 11951588 |  |
| &nbsp;&nbsp;Senior Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 10326720 |  | 7482444 | 2844276 |
| &nbsp;&nbsp;Mortgage-Backed Securities | 2992404 |  | 2992404 |  |
| &nbsp;&nbsp;Sovereign Bonds | 248982 |  | 248982 |  |
| &nbsp;&nbsp;Exchange Traded Fund (ETF) | 34917760 | 34917760 |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Non-cyclical | 863098 | 29117 | – \* | 833981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diversified | 2583381 | 2583381 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial | – \* |  |  | – \* |
| &nbsp;&nbsp;Preferred Stock | 1441863 | 1441863 |  |  |
| &nbsp;&nbsp;Warrant | – \* |  |  | – \* |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Papers | 12832503 |  | 12832503 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Notes | 1393683 |  |  | 1393683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 11757021 |  | 11757021 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 3623544 | 3623544 | – | – |
| **Total Investments, at value** | $**282952253** | $**42595665** | $**222952207** | $**17404381** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;Forward Foreign Currency Contracts | $(26647) | $– | $(26647) | $– |
| **Total Other Financial Instruments - Liabilities** | $**(26647)** | $**–** | $**(26647)** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Global Fixed Income Opportunities Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Corporate Bonds & Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Argentina | $754068 | $– | $754068 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia | 992158 |  | 992158 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bermuda | 9991669 |  | 9991669 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brazil | 3301601 |  | 3301601 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;British Virgin Islands | 1471673 |  | 1471673 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canada | 17216668 |  | 17216668 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cayman Islands | 15643626 |  | 15643626 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chile | 12022517 |  | 12022517 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Colombia | 4785051 |  | 4785051 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Czech Republic | 4497102 |  | 4497102 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecuador | 210880 |  | 210880 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;France | 3709645 |  | 3709645 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Germany | 20162820 |  | 20162820 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gibraltar | 5123545 |  | 5123545 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Guatemala | 2255552 |  | 2255552 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;India | 14134200 |  | 14134200 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Indonesia | 5081169 |  | 5081169 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ireland | 2075004 |  | 2075004 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Isle of Man | 2424883 |  | 2424883 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Italy | 5540007 |  | 5540007 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan | 1825295 |  | 1825295 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Jersey, Channel Islands | 2435094 |  | 2435094 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kazakhstan | 399786 |  | 399786 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuwait | 299118 |  | 299118 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | 35846899 |  | 35846899 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Malaysia | 397076 |  | 397076 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Marshall Islands | 1226949 |  | 1226949 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico | 25409377 |  | 25409377 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Morocco | 2043365 |  | 2043365 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Multinational | 3931293 |  | 3931293 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Netherlands | 10061909 |  | 10061909 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Norway | 9107777 |  | 9107777 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Panama | 1293078 |  | 1293078 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Paraguay | 1861000 |  | 1861000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Peru | 8755526 |  | 8755526 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Portugal | – \* |  | – \* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Romania | 187258 |  | 187258 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore | 17267271 |  | 17267271 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Spain | 5467469 |  | 5467469 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sweden | 20257794 |  | 18700568 | 1557226 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | 33763124 |  | 33763124 |  |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Global Fixed Income Opportunities Fund (continued)** |  |  |  |  |
| Investments, at value (continued) |  |  |  |  |
| &nbsp;&nbsp;Corporate Bonds & Notes: (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | $204372596 | $– | $198099021 | $6273575 |
| &nbsp;&nbsp;Senior Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 41922622 |  | 41530669 | 391953 |
| &nbsp;&nbsp;Sovereign Bonds | 9322884 |  | 9322884 |  |
| &nbsp;&nbsp;Asset-Backed Securities | 6304569 |  | 6304569 |  |
| &nbsp;&nbsp;U.S. Government Agency & Obligation | 4955250 |  | 4955250 |  |
| &nbsp;&nbsp;Exchange Traded Fund (ETF) | 13647497 | 13647497 |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia | 38118 | 38118 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canada | – \* |  | – \* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico | 592950 | 592950 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 12021272 | 5635634 |  | 6385638 |
| &nbsp;&nbsp;Preferred Stocks | 7816201 | 7816201 |  |  |
| &nbsp;&nbsp;Right | 241409 | 241409 |  |  |
| &nbsp;&nbsp;Warrants | – \* |  |  | – \* |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Papers | 31567894 |  | 31567894 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Notes | 2389637 |  |  | 2389637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 33633926 |  | 33633926 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Obligations | 13868232 |  | 13868232 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 7867613 | 7867613 | – | – |
| **Total Investments, at value** | $**703792966** | $**35839422** | $**650955515** | $**16998029** |
| **Other Financial Instruments - Assets** |  |  |  |  |
| &nbsp;&nbsp;Forward Foreign Currency Contract | $11449 | $– | $11449 | $– |
| **Total Other Financial Instruments - Assets** | $**11449** | $**–** | $**11449** | $**–** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;Options Contracts Written | $(53556) | $(53556) | $– | $– |
| &nbsp;&nbsp;Forward Foreign Currency Contracts | (414827) |  | (414827) |  |
| **Securities Sold Short:** |  |  |  |  |
| &nbsp;&nbsp;Corporate Bonds & Notes | (4376014) |  | (4376014) |  |
| &nbsp;&nbsp;Exchange Traded Fund (ETF) | (2300116) | (2300116) | – | – |
| **Total Other Financial Instruments - Liabilities** | $**(7144513)** | $**(2353672)** | $**(4790841)** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Municipal Fixed Income Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Municipal Bonds | $608674140 | $– | $608674140 | $– |
| &nbsp;&nbsp;Exchange Traded Fund (ETF) | 10967033 | 10967033 |  |  |
| &nbsp;&nbsp;Warrant | – \* | – \* |  |  |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bond | 2035674 |  | 2035674 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 24166662 |  | 24166662 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 11048625 | 11048625 | – | – |
| **Total Investments, at value** | $**656892134** | $**22015658** | $**634876476** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Multi Strategy Alternatives Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Collateralized Mortgage Obligations | $129753255 | $– | $129753255 | $– |
| &nbsp;&nbsp;Asset-Backed Securities | 61823892 |  | 61823892 |  |
| &nbsp;&nbsp;Corporate Bonds & Notes | 35211990 |  | 35211990 |  |
| &nbsp;&nbsp;Collateralized Loan Obligations | 19297547 |  | 19297547 |  |
| &nbsp;&nbsp;Senior Loans | 11496308 |  | 11496308 |  |
| &nbsp;&nbsp;Common Stocks | 107432230 | 107432230 |  |  |
| &nbsp;&nbsp;Open-End Fund | 73024221 |  | 73024221 |  |
| &nbsp;&nbsp;Warrants | 934122 | 934122 |  |  |
| &nbsp;&nbsp;Rights | 365382 | 365382 |  |  |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 92357592 |  | 92357592 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 1614647 | 1614647 | – | – |
| **Total Investments, at value** | $**533311186** | $**110346381** | $**422964805** | $**–** |
| **Other Financial Instruments - Assets** |  |  |  |  |
| &nbsp;&nbsp;OTC Credit Default Swaps | $1131431 | $– | $1131431 | $– |
| &nbsp;&nbsp;OTC Total Return Swaps | 4724 | – | 4724 | – |
| **Total Other Financial Instruments - Assets** | $**1136155** | $**–** | $**1136155** | $**–** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;OTC Credit Default Swaps | $(723756) | $– | $(723756) | $– |
| &nbsp;&nbsp;OTC Total Return Swaps | (1387348) |  | (1387348) |  |
| **Securities Sold Short:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | (6933313) | (6933313) | – | – |
| **Total Other Financial Instruments - Liabilities** | $**(9044417)** | $**(6933313)** | $**(2111104)** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Shelter Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Common Stocks | $95753619 | $95753619 | $– | $– |
| &nbsp;&nbsp;Purchased Options | 848585 | 848585 |  |  |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposit | 383298 | – | 383298 | – |
| **Total Investments, at value** | $**96985502** | $**96602204** | $**383298** | $**–** |
| **Other Financial Instruments - Liabilities** |  |  |  |  |
| &nbsp;&nbsp;Options Contracts Written | $(557730) | $(557730) | $– | $– |
| **Total Other Financial Instruments - Liabilities** | $**(557730)** | $**(557730)** | $**–** | $**–** |

---

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total Fair Value at<br> November 30, 2025 | Unadjusted Quoted<br> Prices<br> in Active Markets<br> for Identical<br> Investments<br> (Level 1) | Significant <br> Observable<br> Inputs<br> (Level 2) | Significant<br> Unobservable<br> Inputs<br> (Level 3) |
| **Destinations Real Assets Fund** |  |  |  |  |
| Investments, at value |  |  |  |  |
| &nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia | $11975910 | $– | $11975910 | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;Belgium | 1157770 | 47936 | 1109834 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bermuda | 559847 | 559847 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canada | 27593327 | 13300661 | 14292666 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;China | 679470 |  | 679470 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;France | 6252919 |  | 6252919 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Germany | 3618495 |  | 3618495 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Greece | 627111 |  | 627111 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | 5259224 |  | 5259224 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ireland | 1377321 |  | 1377321 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Italy | 7091939 |  | 7091939 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan | 10434810 |  | 10434810 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | 1515539 | 1515539 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico | 3809348 | 3809348 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Netherlands | 2205671 |  | 2205671 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand | 2953841 |  | 2953841 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Norway | 406320 |  | 406320 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Philippines | 333470 |  | 333470 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore | 4010301 |  | 4010301 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;South Africa | 2070224 | 492775 | 1577449 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Spain | 13936004 |  | 13936004 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sweden | 2342418 |  | 2342418 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Switzerland | 48289 |  | 48289 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Thailand | 643391 |  | 643391 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | 20576426 | 972718 | 19603708 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United States | 168123652 | 167545983 | 577669 |  |
| &nbsp;&nbsp;Exchange Traded Funds (ETFs) | 36105912 | 36105912 |  |  |
| &nbsp;&nbsp;Limited Partnerships | 558816 | 558816 |  |  |
| &nbsp;&nbsp;Closed-End Fund | 160784 |  | 160784 |  |
| &nbsp;&nbsp;Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Deposits | 3871903 |  | 3871903 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 946357 | 946357 | – | – |
| **Total Investments, at value** | $**341246809** | $**225855892** | $**115390917** | $**–** |

---

\* Includes securities that are fair valued at $0.

\*\* The following table summarizes the valuation technique used and unobservable input approved by the Valuation Committee to determine the fair value of certain, material Level 3 investments.

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(continued)**

**2. Investment valuation (continued)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Fair Value at<br> November 30, 2025** | **Valuation Technique** | **Unobservable Input** | **Range** | **Weighted<br> Average** |
| **Destinations Low Duration Fixed Income Fund** |  |  |  |  |  |
| Senior Loans | $2844276 | Prior Transaction Analysis | Transaction Price | 99.50 | 99.50 |
| Common Stock | $833981 | Asset-Based Valuation | Discounted Price Share 15% | 1.00 | 1.00 |
| Corporate Bond | $8315637 | Prior Transaction Analysis | Transaction Price | 85 - 96.20 | 88.10 |
| Corporate Bond | $5410487 | Market Comparables | Yield to Maturity 20% | 89.15 | 89.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $**17404381** |  |  |  |  |
| **Destinations Global Fixed Income Opportunities Fund** |  |  |  |  |  |
| Senior Loans | $391953 | Prior Transaction Analysis | Transaction Price | 100 | 100 |
| Common Stock | $2735078 | Asset-Based Valuation | Discounted Price Share 15% | 1.00 | 1.00 |
| Common Stock | $3650560 | LTM EBITDA | Enterprise Value $64-$66mm | 64000 | 64000 |
| Corporate Bond | $8977163 | Prior Transaction Analysis | Transaction Price | 85 - 96.20 | 89.92 |
| Corporate Bond | $1243275 | Spread-Based Valuation | Spread to Worst | +316 | +316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $**16998029** |  |  |  |  |

---

The level classification by major category of investments is the same as the category presentation in the Schedules of Investments.

The following is a reconciliation of assets for which significant unobservable inputs (Level 3) were used in determining fair value during the period February 28, 2025 through November 30, 2025:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Total** | **Corporate<br> Bonds &<br> Notes** | **Senior<br> Loans** | **Common<br> Stocks** | **Warrants** | **Short<br> Terms** |
| **Destinations Low Duration Fixed Income Fund** |  |  |  |  |  |  |
| Balance as of February 28, 2025 | $17914916 | $10711118 | $5562972 | $1347134 | $- | $293692 |
| &nbsp;&nbsp;&nbsp;Purchases | 1977605 | 571379 | 86356 |  |  | 1319870 |
| &nbsp;&nbsp;&nbsp;(Sales/Paydowns) | (3217302) | (361000) | (2268625) | (587677) |  |  |
| &nbsp;&nbsp;&nbsp;Total realized gain (loss) | (2635950) |  | (2950289) | 314339 |  |  |
| Change in unrealized appreciation (depreciation) | 2456908 | 502740 | 2413862 | (239815) |  | (219879) |
| &nbsp;&nbsp;&nbsp;Transfers In\*\* | 908204 | 908204 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Transfers Out | - | - | - | - | - | - |
| Balance as of November 30, 2025 | $17404381 | $12332441 | $2844276 | $833981 \* | $- \* | $1393683 |
| Change in unrealized appreciation (depreciation) from Investments held as of November 30, 2025 | $2564964 | $367255 | $2660541 | $(239815) | $- | $(223017) |
| **Destinations Global Fixed Income Opportunities Fund** |  |  |  |  |  |  |
| Balance as of February 28, 2025 | $15634693 | $6537468 | $1280084 | $7180584 | $203532 \* | $433025 |
| &nbsp;&nbsp;&nbsp;Purchases | 2915112 | 379514 | 272521 |  |  | 2263077 |
| &nbsp;&nbsp;&nbsp;(Sales/Paydowns) | (402000) | (302000) |  | (100000) |  |  |
| &nbsp;&nbsp;&nbsp;Total realized gain (loss) | (1603085) |  | (994453) | (103133) | (505499) |  |
| Change in unrealized appreciation (depreciation) | (1014489) | (341407) | (76771) | (591813) | 301967 | (306465) |
| &nbsp;&nbsp;&nbsp;Transfers In\*\* | 1557226 | 1557226 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Transfers Out\*\*\* | (89428) | - | (89428) | - | - | - |
| Balance as of November 30, 2025 | $16998029 | $7830801 | $391953 | $6385638 | $- \* | $2389637 |
| Change in unrealized appreciation (depreciation) from Investments held as of November 30, 2025 | $9202192 | $8754497 | $1107212 | $(591813) | $301967 | $(369671) |

---

\* Includes securities that are fair valued at $0.

\*\* Amounts were transferred into Level 3 as the observability of price inputs has decreased during the reporting period.

\*\*\* Amounts were transferred out of Level 3 as the observability of price inputs has increased during the reporting period.

**Notes to Financial Statements**

**November 30, 2025** **(unaudited)(concluded)**

**2. Investment valuation (continued)**

Level 3 investments held during and at the end of the period ended November 30, 2025 in relation to net assets of the Destinations Large Cap Equity Fund, Destinations Small-Mid Cap Equity Fund, Destinations International Equity Fund and Destinations Core Fixed Income Fund were not significant (0.02%, 0.00%, 0.06% and 0.00% of total net assets, respectively) and accordingly, a reconciliation of Level 3 assets for the period ended November 30, 2025 is not presented.

**3. Investments**

At November 30, 2025, the aggregate gross unrealized appreciation and depreciation of investments for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| <br>**Fund** | **Aggregate Cost**<br>**For Federal Income**<br>**Tax Purposes** | **Gross**<br>**Unrealized**<br>**Appreciation** | **Gross**<br>**Unrealized**<br>**(Depreciation)** | **Net Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| Destinations Large Cap Equity Fund | $2736000623 | $916319746 | $(25878796) | $890440950 |
| Destinations Small-Mid Cap Equity Fund | 561066786 | 172500342 | (18938111) | 153562231 |
| Destinations International Equity Fund | 1458038989 | 589814352 | (70375828) | 519438524 |
| Destinations Equity Income Fund | 377417556 | 118192024 | (7365677) | 110826347 |
| Destinations Core Fixed Income Fund | 1655137974 | 22444900 | (116809491) | (94364591) |
| Destinations Low Duration Fixed Income Fund | 293078824 | 4204380 | (14357598) | (10153218) |
| Destinations Global Fixed Income Opportunities Fund | 705069508 | 17088637 | (25498243) | (8409606) |
| Destinations Municipal Fixed Income Fund | 652130773 | 14630721 | (9869360) | 4761361 |
| Destinations Multi Strategy Alternatives Fund | 503601562 | 32691400 | (10890038) | 21801362 |
| Destinations Shelter Fund | 52604599 | 44660475 | (837302) | 43823173 |
| Destinations Real Assets Fund | 309401646 | 43349855 | (11504692) | 31845163 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Brinker Capital Destinations Trust

- **b. Investment Company Act file number:** 811-23207

- **c. CIK number of Registrant:** 0001688680

- **d. LEI of Registrant:** 549300X40Y9W6WTS8B82

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1055 Westlakes Drive, Suite 250

  - **City:** Berwyn

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19312

  - **Telephone number:** 800-333-4573

**Item A.2. Information about the Series.**

- **a. Name of Series:** Destinations Municipal Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000056109

- **c. LEI of Series:** 549300XK00ZU1ZYAM779

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $665624143.01

**Total Liabilities:** $24927983.21

**Net Assets:** $640696159.80

**Cash Not Reported:** $23996332.99

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -1599.00771023 | **1-Year:** -24298.82899547 | **5-Year:** -77202.98808640 | **10-Year:** -108182.90934173 | **30-Year:** -17930.09957406

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -33.38711659 | **1-Year:** -922.93795758 | **5-Year:** -2190.38797213 | **10-Year:** -4986.66520383 | **30-Year:** -2726.37056656

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176701 | 1.75%                | 0.85%                | 0.34%                |
| Class ID C000202461 | 1.75%                | 0.86%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $327109.08               | $9395197.28                                |
| Month 2  | $342570.71               | $3806626.94                                |
| Month 3  | $20893.99                | $188109.71                                 |

### Schedule of Portfolio Investments

| Name                           | Title                                                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KANSAS CITY MO IND 5% 06/01/54 | KANSAS CITY MO INDL DEV AUTH E REGD OID B/E 5.00000000                                   | CUSIP: 48502MAB9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    350000 | PA      | $331372.27    | 0.05%             | 2054-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HOUSTON TX ARPT SY 5% 07/01/26 | HOUSTON TX ARPT SYS REVENUE REGD N/C B/E 5.00000000                                      | CUSIP: 442349CR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2360696.82   | 0.37%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDU V/R 07/01/64 | NEW JERSEY ST EDUCTNL FACS AUT REGD V/R B/E 5.00000000                                   | CUSIP: 646067KD9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110477.10   | 0.17%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST 4% 03/01/26      | CALIFORNIA ST REGD N/C B/E 4.00000000                                                    | CUSIP: 13063DTT5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    760000 | PA      | $762993.41    | 0.12%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA J 7.5% 11/15/53 | SOUTH CAROLINA JOBS-ECON DEV A REGD B/E 7.50000000                                       | CUSIP: 83704EAC8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060131.20   | 0.17%             | 2053-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX 5% 09/15/32     | HARRIS CNTY TX REGD N/C B/E 5.00000000                                                   | CUSIP: 4140052U1<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $2050285.44   | 0.32%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM A 4% 07/01/45 | NEW YORK ST DORM AUTH REVENUES REGD B/E 4.00000000                                       | CUSIP: 64990GME9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $804238.70    | 0.13%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURA 6.5% 07/01/56 | NEW HOPE CULTURAL EDU FACS FIN REGD B/E 6.50000000                                       | CUSIP: 64542PGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1139195.40   | 0.18%             | 2056-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NEBRASKA ST INVEST 4% 09/01/49 | NEBRASKA ST INVESTMENT FIN AUT REGD B/E AMT GNMA/FN 4.00000000                           | CUSIP: 63968MTQ2<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60058.22     | 0.01%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRA ZCP 12/15/28 | NEW JERSEY ST TRANSPRTN TRUST REGD N/C ZCP OID B/E 0.00000000                            | CUSIP: 646136XF3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    195000 | PA      | $177950.02    | 0.03%             | 2028-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPER 5% 11/01/26 | KENTUCKY ST PROPERTY & BLDGS C REGD N/C B/E ST APPR 5.00000000                           | CUSIP: 49151FNK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1834067.82   | 0.29%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS  4% 02/15/32 | CYPRESS-FAIRBANKS TX INDEP SCH REGD B/E PSF-GTD 4.00000000                               | CUSIP: 232769CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1978726.63   | 0.31%             | 2032-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH  4% 04/01/39 | WISCONSIN ST HLTH & EDUCTNL FA REGD OID B/E 4.00000000                                   | CUSIP: 97712DVZ6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998428.80    | 0.16%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN TX I 3.75% 08/15/41 | GEORGETOWN TX INDEP SCH DIST REGD OID B/E PSF-GTD 3.75000000                             | CUSIP: 373046A35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000812.90   | 0.16%             | 2041-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY O 3.5% 12/01/51 | JEFFERSON CNTY OH PORT AUTH EC REGD B/E AMT 3.50000000                                   | CUSIP: 473318AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $828767.30    | 0.13%             | 2051-12-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| MARYLAND ST ECON D 4% 09/01/50 | MARYLAND ST ECON DEV CORP SPL REGD B/E 4.00000000                                        | CUSIP: 57422FAF3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1706643.80   | 0.27%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST 5% 02/01/27        | ILLINOIS ST REGD N/C B/E 5.00000000                                                      | CUSIP: 452152G88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    195000 | PA      | $199478.97    | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUSKINGUM CNTY OH  5% 02/15/44 | MUSKINGUM CNTY OH HOSP FACS REGD OID B/E 5.00000000                                      | CUSIP: 628077CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $139044.86    | 0.02%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DE 5% 07/01/49 | ARIZONA ST INDL DEV AUTH EDU R REGD B/E 5.00000000                                       | CUSIP: 04052BJY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1500643.84   | 0.23%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| JACKSON CNTY MO RE 5% 03/01/35 | JACKSON CNTY MO REORG SCH DIST REGD B/E ST AID 5.00000000                                | CUSIP: 467494PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2674719.99   | 0.42%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH 4% 07/01/46 | PUERTO RICO CMWLTH REGD OID B/E 4.00000000                                               | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $888386.60    | 0.14%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRAN 5% 10/01/34 | GRAND PARKWAY TRANSPRTN CORP T REGD B/E 5.00000000                                       | CUSIP: 38611TBK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $152031.41    | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH  5% 06/01/39 | WISCONSIN ST HLTH & EDUCTNL FA REGD B/E 5.00000000                                       | CUSIP: 97710BW73<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70127.02     | 0.01%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET COUNCIL MINNEA 5% 12/01/27 | MET COUNCIL MINNEAPOLIS-SAINT REGD N/C B/E 5.00000000                                    | CUSIP: 591852Z68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095574.40   | 0.33%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSHKOSH WI AREA 4.75% 03/01/44 | OSHKOSH WI AREA SCH DIST REGD OID B/E BAM 4.75000000                                     | CUSIP: 687908KW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027810.20   | 0.16%             | 2044-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY  5% 06/01/33 | HILLSBOROUGH CNTY FL PORT DIST REGD B/E AMT 5.00000000                                   | CUSIP: 432325JK5<br>LEI: 549300HV3CIZREMO9Q36 | Long             | DBT              | MUN               | US        |    850000 | PA      | $891027.80    | 0.14%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH 5% 11/15/29 | MET TRANSPRTN AUTH NY REVENUE REGD B/E 5.00000000                                        | CUSIP: 59261AML8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    245000 | PA      | $251635.46    | 0.04%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH W ZCP 12/15/39 | PUBLIC FIN AUTH WI REVENUE REGD ZCP OID B/E 0.00000000                                   | CUSIP: 74442PS48<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $561538.04    | 0.09%             | 2039-12-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CITY NY T 5% 07/15/37 | NEW YORK CITY NY TRANSITIONAL REGD B/E ST AID 5.00000000                                 | CUSIP: 64972LBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1737512.10   | 0.27%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST CMNTY  5% 09/01/28 | MARYLAND ST CMNTY DEV ADMIN DE REGD N/C B/E 5.00000000                                   | CUSIP: 57419TDA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $337605.92    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RE 5% 04/01/38 | OKLAHOMA ST WTR RESOURCE BRD R REGD B/E 5.00000000                                       | CUSIP: 67919PVS9<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2466705.23   | 0.39%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH 5.75% 07/01/53 | PUBLIC FIN AUTH WI STUDENT HSG REGD OID B/E 5.75000000                                   | CUSIP: 74439YET4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008422.00   | 0.16%             | 2053-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MOBILE CNTY AL BRD 5% 03/01/33 | MOBILE CNTY AL BRD OF SCH COMM REGD B/E 5.00000000                                       | CUSIP: 607284TY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $216081.15    | 0.03%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 5% 12/15/33 | NEW JERSEY ST TRANSPRTN TRUST REGD B/E 5.00000000                                        | CUSIP: 6461364E8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    220000 | PA      | $232965.35    | 0.04%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 06/01/44      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974EL95<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2667554.75   | 0.42%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC MET  5% 07/15/38 | WASHINGTON DC MET AREA TRANSIT REGD B/E 5.00000000                                       | CUSIP: 93878YDJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111509.60   | 0.17%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOB 5% 01/01/29 | CENTRL TX REGL MOBILITY AUTH R REGD N/C B/E 5.00000000                                   | CUSIP: 155498LH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $399355.16    | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS  5% 01/01/33 | TEXAS ST MUNI GAS ACQUISITION REGD N/C B/E 5.00000000                                    | CUSIP: 88256RAH9<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2874396.36   | 0.45%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VANGUARD TAX-EXEMPT BOND ETF   | VANGUARD TAX-EXEMPT BOND INDEX ETF CL USD INC 0.00000000                                 | CUSIP: 922907746<br>LEI: N/A                  | Long             | EC               | PF                | US        |    217083 | NS      | $10967033.16  | 1.71%             |  |  |  | No            |                  1 | On Loan: —       |
| EAGLE MOUNTAIN & S 5% 08/15/29 | EAGLE MOUNTAIN & SAGINAW TX IN REGD N/C B/E PSF-GTD 5.00000000                           | CUSIP: 269696PU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1376706.29   | 0.21%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPER 5% 02/01/29 | KENTUCKY ST PROPERTY & BLDGS C REGD B/E ST APPR 5.00000000                               | CUSIP: 49151FMH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165622.84    | 0.03%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT  5% 07/01/30 | SALT LAKE CITY UT ARPT REVENUE REGD B/E AMT 5.00000000                                   | CUSIP: 795576HA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $162164.46    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES  5% 07/01/58 | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000                                   | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $972614.00    | 0.15%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT T 5.25% 01/01/54 | PORT BEAUMONT TX NAV DIST DOCK REGD B/E AMT 5.25000000                                   | CUSIP: 73360CAR5<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958590.70    | 0.15%             | 2054-01-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| THORNAPPLE KELLOGG 5% 05/01/43 | THORNAPPLE KELLOGG MI SCH DIST REGD B/E Q-SBLF 5.00000000                                | CUSIP: 885205PK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1352018.98   | 0.21%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRANT CNTY WA PU 5.5% 12/01/43 | GRANT CNTY WA PUBLIC HOSP DIST REGD B/E 5.50000000                                       | CUSIP: 387812DV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1774068.37   | 0.28%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFE 3% 05/15/44 | LOUISVILLE & JEFFERSON CNTY KY REGD B/E 3.00000000                                       | CUSIP: 546589V74<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1631650.40   | 0.25%             | 2044-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL AR 5% 10/01/31 | BROWARD CNTY FL ARPT SYS REVEN REGD B/E AMT 5.00000000                                   | CUSIP: 114894WC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85101.50     | 0.01%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAMAR TX CONSOL IN 5% 02/15/34 | LAMAR TX CONSOL INDEP SCH DIST REGD B/E PSF-GTD 5.00000000                               | CUSIP: 513174XH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5181983.27   | 0.81%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY T 5% 05/01/32 | NEW YORK CITY NY TRANSITIONAL REGD B/E 5.00000000                                        | CUSIP: 64971XDF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $289305.06    | 0.05%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 08/01/30      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974DX29<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    355000 | PA      | $369244.98    | 0.06%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SY 5% 07/01/29 | HOUSTON TX ARPT SYS REVENUE REGD B/E 5.00000000                                          | CUSIP: 442349BG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $380230.38    | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL BRD 5% 03/01/32 | MOBILE CNTY AL BRD OF SCH COMM REGD B/E 5.00000000                                       | CUSIP: 607284TX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145754.93    | 0.02%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY G V/R 10/01/54 | PATRIOTS ENERGY GROUP FING AGY REGD V/R B/E 5.25000000                                   | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089771.00   | 0.17%             | 2054-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY  5% 07/01/56 | CAPITAL TRUST AGY FL REVENUE REGD B/E 5.00000000                                         | CUSIP: 14052WDN4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888546.30    | 0.14%             | 2056-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PERU IN MULTI-SCH  5% 07/15/43 | PERU IN MULTI-SCH BLDG CORP REGD B/E ST AID 5.00000000                                   | CUSIP: 715540EC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2241352.22   | 0.35%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO FALLS ID  5.25% 05/15/51 | IDAHO FALLS ID AUDITORIUM DIST REGD B/E 5.25000000                                       | CUSIP: 45118AAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1429021.50   | 0.22%             | 2051-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CREEK CNTY OK EDUC 5% 09/01/40 | CREEK CNTY OK EDUCTNL FACS AUT REGD B/E BAM 5.00000000                                   | CUSIP: 225472BQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1251594.68   | 0.20%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST DES MOINES IA 5% 06/01/32 | WEST DES MOINES IA REGD N/C B/E 5.00000000                                               | CUSIP: 952531PF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1143678.90   | 0.18%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY 5% 12/01/26 | DENVER CITY & CNTY CO ARPT REV REGD N/C B/E AMT 5.00000000                               | CUSIP: 249182KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $321516.85    | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX INDEP  V/R 07/15/45 | HOUSTON TX INDEP SCH DIST REGD V/R B/E 5.00000000                                        | CUSIP: 442403SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $341531.94    | 0.05%             | 2045-07-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST 5% 09/01/31       | LOUISIANA ST REGD N/C B/E 5.00000000                                                     | CUSIP: 546417KH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3788861.39   | 0.59%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA 5% 10/01/27 | PORT OF SEATTLE WA REVENUE REGD B/E AMT 5.00000000                                       | CUSIP: 735389XF0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    980000 | PA      | $985596.19    | 0.15%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST  5% 12/01/36 | SOUTH CAROLINA ST PUBLIC SVC A REGD B/E 5.00000000                                       | CUSIP: 837151RP6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    275000 | PA      | $279629.90    | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY 5% 04/01/43        | NEW YORK NY REGD B/E 5.00000000                                                          | CUSIP: 64966MZY8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018250.80   | 0.16%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF  5% 12/01/47 | CHICAGO IL BRD OF EDU REGD B/E 5.00000000                                                | CUSIP: 167505YB6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $927189.54    | 0.14%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST HSG &  3.8% 07/01/34 | OREGON ST HSG & CMNTY SVCS DEP REGD B/E 3.80000000                                       | CUSIP: 686087B55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1278818.50   | 0.20%             | 2034-07-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LO 5% 01/01/35 | INDIANAPOLIS IN LOCAL PUBLIC I REGD B/E AMT 5.00000000                                   | CUSIP: 45528U5C1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    550000 | PA      | $602071.86    | 0.09%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALIT 5% 07/01/49 | OHIO ST AIR QUALITY DEV AUTH E REGD B/E AMT 5.00000000                                   | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1137703.50   | 0.18%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MOBILE CNTY AL BRD 5% 03/01/30 | MOBILE CNTY AL BRD OF SCH COMM REGD B/E 5.00000000                                       | CUSIP: 607284TV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180950.80    | 0.03%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRD OF 5% 03/01/43 | COLORADO ST BRD OF GOVERNORS U REGD N/C B/E ST HGR 5.00000000                            | CUSIP: 196707MR1<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116096.30   | 0.17%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY 5.25% 10/01/41     | NEW YORK NY REGD B/E 5.25000000                                                          | CUSIP: 64966QK90<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $541982.60    | 0.08%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST DEV  5.5% 08/15/52 | OKLAHOMA ST DEV FIN AUTH HLTHS REGD B/E 5.50000000                                       | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007775.20   | 0.31%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CN 4% 10/01/32 | HONOLULU CITY & CNTY HI REGD B/E 4.00000000                                              | CUSIP: 4386705L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5033940.00   | 0.79%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST WTR DEV B 5% 04/15/30 | TEXAS ST WTR DEV BRD REGD B/E 5.00000000                                                 | CUSIP: 882854A36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $526032.64    | 0.08%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY 5% 12/01/41        | NEW YORK NY REGD B/E 5.00000000                                                          | CUSIP: 64966MHL6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2524305.75   | 0.39%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH 4% 07/01/47 | PUERTO RICO CMWLTH AQUEDUCT &S REGD B/E 4.00000000                                       | CUSIP: 745160TJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $853411.20    | 0.13%             | 2047-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| VIRGINIA HSG DEV 3.6% 01/01/33 | VIRGINIA HSG DEV AUTH REGD N/C B/E 3.60000000                                            | CUSIP: 92812XNN8<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    300000 | PA      | $301808.61    | 0.05%             | 2033-01-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TEXAS ST WTR DEV B 5% 04/15/29 | TEXAS ST WTR DEV BRD REGD B/E 5.00000000                                                 | CUSIP: 882854ZZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $198017.91    | 0.03%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INV 3.75% 09/01/49 | NEBRASKA ST INVESTMENT FIN AUT REGD B/E AMT GNMA/FN 3.75000000                           | CUSIP: 63968MUU1<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |     45000 | PA      | $44929.22     | 0.01%             | 2049-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 02/01/30 | MIAMI-DADE CNTY FL SCH BRD COP REGD B/E 5.00000000                                       | CUSIP: 59333MU29<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190598.54    | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA 5% 05/15/39 | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.00000000                                       | CUSIP: 91412HUT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2324136.60   | 0.36%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUDENT 5% 06/15/30 | VERMONT ST STUDENT ASSISTANCEC REGD N/C B/E AMT 5.00000000                               | CUSIP: 92428CMG6<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    675000 | PA      | $708905.72    | 0.11%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEWIS & CLARK CNTY 5% 07/01/43 | LEWIS & CLARK CNTY MT HIGH SCH REGD B/E BAM 5.00000000                                   | CUSIP: 527605JL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085262.30   | 0.17%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HG 4% 08/15/41 | PENNSYLVANIA ST HGR EDUCTNL FA REGD B/E 4.00000000                                       | CUSIP: 70917SYU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983298.30    | 0.15%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE &  5% 12/01/41 | COLORADO BRIDGE & TUNNEL ENTER REGD B/E AG 5.00000000                                    | CUSIP: 19633TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553299.10    | 0.09%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST 5% 05/01/32        | ILLINOIS ST REGD N/C B/E 5.00000000                                                      | CUSIP: 452153JP5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3323249.21   | 0.52%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV 4% 11/01/34      | CLARK CNTY NV REGD B/E 4.00000000                                                        | CUSIP: 180848SE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2768044.13   | 0.43%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIZE KS 4% 10/01/26           | MAIZE KS REGD OID B/E 4.00000000                                                         | CUSIP: 560687VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20001.00     | 0.00%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA 5% 06/01/38       | POLK CNTY IA REGD B/E AMT 5.00000000                                                     | CUSIP: 7311973H0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083585.80   | 0.17%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TR 5.625% 04/01/40 | NEW YORK ST TRANSPRTN DEV CORP REGD OID B/E AMT 5.62500000                               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1575594.60   | 0.25%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HAMPTON ROADS VA T 5% 07/01/35 | PREREF HAMPTON ROADS VA TRANSPRTN ACC REGD B/E PREREFUNDED 01/01/28 @ 100 5.00000000     | CUSIP: 40934TAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050956.90   | 0.16%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAKE CNTY NC LIMIT 5% 05/01/41 | WAKE CNTY NC LIMITED OBLIG REGD B/E 5.00000000                                           | CUSIP: 930876JK4<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1642756.90   | 0.26%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HL V/R 07/01/64 | CONNECTICUT ST HLTH & EDUCTNL REGD V/R B/E 5.00000000                                    | CUSIP: 20775DZT2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1703766.45   | 0.27%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST D 4% 04/01/41 | MASSACHUSETTS ST DEV FIN AGY R REGD B/E 4.00000000                                       | CUSIP: 57584X3E9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1493662.50   | 0.23%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPER 5% 02/01/30 | KENTUCKY ST PROPERTY & BLDGS C REGD B/E ST APPR 5.00000000                               | CUSIP: 49151FMJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170641.72    | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY M 5% 06/15/45 | NEW YORK CITY NY MUNI WTR FIN REGD B/E 5.00000000                                        | CUSIP: 64972GA95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1982909.02   | 0.31%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST 5% 10/01/43           | TEXAS ST REGD B/E 5.00000000                                                             | CUSIP: 882725DE1<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1503540.64   | 0.23%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOULDER LARIMER &  5% 12/15/29 | BOULDER LARIMER & WELD CNTYS C REGD N/C B/E ST AID 5.00000000                            | CUSIP: 101565L31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $713667.50    | 0.11%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST 5% 08/01/26      | CALIFORNIA ST REGD N/C B/E 5.00000000                                                    | CUSIP: 13063C4N7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    435000 | PA      | $442513.89    | 0.07%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AU 5% 01/01/38 | PREREF ILLINOIS ST FIN AUTH REVENUE REGD B/E PREREFUNDED 01/01/28 @ 100 5.00000000       | CUSIP: 45204EM88<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    870000 | PA      | $915421.13    | 0.14%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY 5% 12/01/37 | DENVER CITY & CNTY CO ARPT REV REGD B/E AMT 5.00000000                                   | CUSIP: 249182LT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034125.20   | 0.16%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY A 5% 10/01/30 | SOUTHEAST ENERGY AUTHORITY A C REGD B/E 5.00000000                                       | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3282526.21   | 0.51%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY A 6.25% 07/01/44 | MARICOPA CNTY AZ INDL DEV AUTH REGD OID B/E 6.25000000                                   | CUSIP: 56681NHM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024380.50   | 0.16%             | 2044-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SKAGIT CNTY WA P 5.5% 12/01/54 | SKAGIT CNTY WA PUBLIC HOSP DIS REGD B/E 5.50000000                                       | CUSIP: 830227EP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $592233.10    | 0.09%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST CMNTY  4% 09/01/49 | MARYLAND ST CMNTY DEV ADMIN DE REGD B/E 4.00000000                                       | CUSIP: 57419R7Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $121108.10    | 0.02%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST 5% 11/01/26        | ILLINOIS ST REGD N/C B/E 5.00000000                                                      | CUSIP: 452152Q61<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    390000 | PA      | $397243.78    | 0.06%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM A 3% 10/01/31 | NEW YORK ST DORM AUTH REVENUES REGD OID B/E AG ST A 3.00000000                           | CUSIP: 64990CHF1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981399.50    | 0.15%             | 2031-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SILICON VLY CA TO ZCP 06/01/41 | SILICON VLY CA TOBACCO SECURIT REGD ZCP OID B/E 0.00000000                               | CUSIP: 82706TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $734302.80    | 0.11%             | 2041-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HOBE ST LUCIE  5.875% 05/01/55 | HOBE ST LUCIE CONSERVANCY DIST REGD OID B/E 5.87500000                                   | CUSIP: 434043AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $768364.73    | 0.12%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE 5.25% 12/01/54 | COLORADO BRIDGE & TUNNEL ENTER REGD B/E AG 5.25000000                                    | CUSIP: 19633TBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1277566.20   | 0.20%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL HIGH  4% 12/01/25 | COOK CNTY IL HIGH SCH DIST #20 REGD N/C B/E 4.00000000                                   | CUSIP: 215543MJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1045000.00   | 0.16%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRAN 5% 10/01/33 | GRAND PARKWAY TRANSPRTN CORP T REGD B/E 5.00000000                                       | CUSIP: 38611TBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $199658.92    | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMNTY TX INDEP SCH 5% 02/15/41 | CMNTY TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000                                      | CUSIP: 203714SY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2535615.20   | 0.40%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC MET  5% 07/15/37 | WASHINGTON DC MET AREA TRANSIT REGD B/E 5.00000000                                       | CUSIP: 93878YDH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119560.90   | 0.17%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA WTR & W 5% 11/01/40 | ATLANTA GA WTR & WSTWTR REVENU REGD B/E 5.00000000                                       | CUSIP: 047870NE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002415.60   | 0.31%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CN 5.5% 11/15/30 | DENVER CITY & CNTY CO ARPT REV REGD N/C B/E AMT 5.50000000                               | CUSIP: 249182SY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3808166.94   | 0.59%             | 2030-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HS 5.5% 07/01/59 | WASHINGTON ST HSG FIN COMMISSI REGD B/E 5.50000000                                       | CUSIP: 93978LHH2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016249.90   | 0.16%             | 2059-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT  5% 07/01/34 | CHARLOTTE NC ARPT REVENUE REGD N/C B/E AMT 5.00000000                                    | CUSIP: 161036XU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $696191.69    | 0.11%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNT 5% 07/15/29 | PRINCE GEORGES CNTY MD REGD B/E 5.00000000                                               | CUSIP: 7417014S2<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   5805000 | PA      | $6164123.42   | 0.96%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VINEYARD UT WTR &  5% 05/01/43 | VINEYARD UT WTR & SWR REVENUE REGD B/E BAM 5.00000000                                    | CUSIP: 92743EAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1326228.75   | 0.21%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC PWR GENERAT 5% 01/01/41 | PUBLIC PWR GENERATION AGY NE R REGD B/E 5.00000000                                       | CUSIP: 744434EN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1826976.64   | 0.29%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH 5% 11/15/31 | MET TRANSPRTN AUTH NY REVENUE REGD B/E 5.00000000                                        | CUSIP: 59261AQB6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    300000 | PA      | $315798.45    | 0.05%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY M 5% 06/15/28 | NEW YORK CITY NY MUNI WTR FIN REGD N/C B/E 5.00000000                                    | CUSIP: 64972GN91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2582648.96   | 0.40%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 08/01/37      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974E2C9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1573398.61   | 0.25%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL BRD 5% 03/01/31 | MOBILE CNTY AL BRD OF SCH COMM REGD B/E 5.00000000                                       | CUSIP: 607284TW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185982.70    | 0.03%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE PARISH L 5% 04/01/37 | LAFAYETTE PARISH LA SCH BRD SA REGD B/E 5.00000000                                       | CUSIP: 506624UH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $297051.99    | 0.05%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND O 5% 07/01/29 | PORT OF PORTLAND OR ARPT REVEN REGD N/C B/E 5.00000000                                   | CUSIP: 735240T52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $173497.40    | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN 5% 07/15/31 | IDAHO ST HSG & FIN ASSN REGD N/C B/E 5.00000000                                          | CUSIP: 45129WPZ7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    250000 | PA      | $279617.08    | 0.04%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SALES 5% 11/15/42 | COOK CNTY IL SALES TAX REVENUE REGD B/E 5.00000000                                       | CUSIP: 213248ER4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1043652.37   | 0.16%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL H 5% 01/01/40 | ILLINOIS ST TOLL HIGHWAY AUTH REGD B/E 5.00000000                                        | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001948.40   | 0.31%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GADSDEN AL 5% 10/01/35         | GADSDEN AL REGD N/C B/E BAM 5.00000000                                                   | CUSIP: 362460WA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $632724.90    | 0.10%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST D 5% 07/01/42 | MASSACHUSETTS ST DEV FIN AGY R REGD B/E 5.00000000                                       | CUSIP: 57585BQE1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110351.50   | 0.17%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA  5.25% 11/01/41 | SOUTH CAROLINA ST JOBS-ECON DE REGD B/E 5.25000000                                       | CUSIP: 837032BU4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1768295.04   | 0.28%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW Y 5% 10/15/31 | PORT AUTH OF NEW YORK & NEW JE REGD N/C B/E AMT 5.00000000                               | CUSIP: 73358XRE4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2485144.13   | 0.39%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE  5% 01/01/41 | CHICAGO IL O'HARE INTERNATIONA REGD B/E 5.00000000                                       | CUSIP: 167593UT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1635915.60   | 0.26%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST 5% 10/01/35     | MISSISSIPPI ST REGD B/E 5.00000000                                                       | CUSIP: 605581PN1<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4220699.60   | 0.66%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUDENT 5% 06/15/29 | VERMONT ST STUDENT ASSISTANCEC REGD N/C B/E AMT 5.00000000                               | CUSIP: 92428CMF8<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    750000 | PA      | $774944.55    | 0.12%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT O 2.95% 07/01/36 | TEXAS ST DEPT OF HSG & CMNTY A REGD N/C B/E FNMA CO 2.95000000                           | CUSIP: 88275ADV9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    381926 | PA      | $349947.70    | 0.05%             | 2036-07-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ACADEMY TX INDEP S 5% 08/15/43 | ACADEMY TX INDEP SCH DIST BELL REGD B/E PSF-GTD 5.00000000                               | CUSIP: 004014JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1876006.50   | 0.29%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPER 5% 04/01/27 | KENTUCKY ST PROPERTY & BLDGS C REGD N/C B/E 5.00000000                                   | CUSIP: 49151FTB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $165060.08    | 0.03%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 4% 10/01/38 | MIAMI-DADE CNTY FL WTR & SWR R REGD B/E 4.00000000                                       | CUSIP: 59334DKM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4335000 | PA      | $4375621.98   | 0.68%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CREEK CNTY OK EDUC 5% 09/01/38 | CREEK CNTY OK EDUCTNL FACS AUT REGD B/E BAM 5.00000000                                   | CUSIP: 225472BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $945517.14    | 0.15%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST INDUST 5% 04/01/31 | OKLAHOMA ST INDUSTRIES AUTH ED REGD N/C B/E 5.00000000                                   | CUSIP: 67910FAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113617.80   | 0.17%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 10/15/26     | CONNECTICUT ST REGD N/C B/E 5.00000000                                                   | CUSIP: 20772J3V2<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102122.35    | 0.02%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV BRD  5% 04/15/34 | TEXAS WTR DEV BRD REVENUE REGD N/C B/E 5.00000000                                        | CUSIP: 88285AJK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4079537.35   | 0.64%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOB 4% 01/01/41 | CENTRL TX REGL MOBILITY AUTH R REGD B/E 4.00000000                                       | CUSIP: 155498LV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $598051.26    | 0.09%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTILITY 4% 11/15/31 | HOUSTON TX UTILITY SYS REVENUE REGD B/E 4.00000000                                       | CUSIP: 44244CGP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3019804.50   | 0.47%             | 2031-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE 5% 07/01/31 | MET GOVT NASHVILLE & DAVIDSONC REGD B/E 5.00000000                                       | CUSIP: 592041ZV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27379.00     | 0.00%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOUR 5.5% 07/01/55 | BUILD NYC RESOURCE CORP NY REV REGD B/E AMT 5.50000000                                   | CUSIP: 12008QAG4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1714603.94   | 0.27%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE RI P 5.25% 09/15/41 | PROVIDENCE RI PUBLIC BLDGS AUT REGD B/E AG 5.25000000                                    | CUSIP: 74381MDJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $440756.44    | 0.07%             | 2041-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORSYTH CNTY GA SC 5% 02/01/28 | FORSYTH CNTY GA SCH DIST REGD N/C B/E 5.00000000                                         | CUSIP: 346604LW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5040000 | PA      | $5298258.17   | 0.83%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARKSVILLE AR  6.25% 08/01/49 | CLARKSVILLE AR PUBLIC EDUCTNL REGD OID B/E 6.25000000                                    | CUSIP: 18233PBB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513160.95    | 0.08%             | 2049-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #12  4.25% 05/01/43 | VLG FL CDD #12 SPL ASSMNT REVE REGD B/E 4.25000000                                       | CUSIP: 92708FAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $942060.60    | 0.15%             | 2043-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD  5.5% 12/01/54 | CALIFORNIA STWD CMNTYS DEV AUT REGD B/E 5.50000000                                       | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2530763.57   | 0.40%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BUCKS CNTY PA INDL 4% 07/01/51 | BUCKS CNTY PA INDL DEV AUTH HO REGD B/E 4.00000000                                       | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $838760.90    | 0.13%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA  7.75% 11/15/58 | SOUTH CAROLINA JOBS-ECON DEV A REGD B/E 7.75000000                                       | CUSIP: 83704EAD6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070991.30   | 0.17%             | 2058-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WILLMAR MN INDEP S 5% 02/01/28 | WILLMAR MN INDEP SCH DIST #347 REGD N/C B/E SD CRED 5.00000000                           | CUSIP: 970871RU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2992470.08   | 0.47%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUC 5% 03/01/28 | NEW JERSEY ST EDUCTNL FACS AUT REGD N/C B/E 5.00000000                                   | CUSIP: 646067HC5<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1389491.73   | 0.22%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTILITY 5% 11/15/41 | HOUSTON TX UTILITY SYS REVENUE REGD B/E 5.00000000                                       | CUSIP: 44244CT98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094900.40   | 0.17%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNT ZCP 11/01/26 | WILL CNTY IL CMNTY UNIT SCH DI REGD N/C ZCP OID B/E AG 0.00000000                        | CUSIP: 969078UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $136447.42    | 0.02%             | 2026-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS 6% 06/15/59 | LOUISIANA PUB FACS AUTH REVENU REGD OID B/E 6.00000000                                   | CUSIP: 546399UY0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003237.80   | 0.16%             | 2059-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CLARK CNTY NV 4% 12/01/39      | CLARK CNTY NV REGD B/E 4.00000000                                                        | CUSIP: 180848YF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022851.80   | 0.32%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TX 6.125% 12/31/55 | DENTON CNTY TX SPL ASSMNT REVE REGD B/E 6.12500000                                       | CUSIP: 24880GAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $725150.86    | 0.11%             | 2055-12-31      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FAYETTEVILLE NC PU 4% 03/01/55 | FAYETTEVILLE NC PUBLIC WKS COM REGD OID B/E 4.00000000                                   | CUSIP: 312805QM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $2726344.79   | 0.43%             | 2055-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAPEVINE WASH  5.25% 12/01/44 | GRAPEVINE WASH LOCAL DIST UT S REGD B/E 5.25000000                                       | CUSIP: 38860FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $491171.55    | 0.08%             | 2044-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BROWARD CNTY FL AR 5% 10/01/29 | BROWARD CNTY FL ARPT SYS REVEN REGD N/C B/E AMT 5.00000000                               | CUSIP: 114894ZE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072258.60   | 0.17%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNT ZCP 11/01/26 | WILL CNTY IL CMNTY UNIT SCH DI REGD N/C ZCP OID B/E ETM AG 0.00000000                    | CUSIP: 969078UV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24389.86     | 0.00%             | 2026-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY NY TOB 5% 06/01/35 | NASSAU CNTY NY TOBACCO SETTLEM REGD OID B/E 5.00000000                                   | CUSIP: 63166MCA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $201566.35    | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOVE FIELD TX ARPT 5% 11/01/31 | LOVE FIELD TX ARPT MODERNIZATI REGD B/E AMT 5.00000000                                   | CUSIP: 54714CAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90107.27     | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH PARKWAY MUNI 5% 09/15/51 | NORTH PARKWAY MUNI MGMT DIST # REGD B/E 5.00000000                                       | CUSIP: 661441AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951558.10    | 0.15%             | 2051-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LOUISIANA ST 5% 09/01/33       | LOUISIANA ST REGD N/C B/E 5.00000000                                                     | CUSIP: 546417KK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4835000 | PA      | $5607069.24   | 0.88%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA 5% 05/01/36 | PORT OF SEATTLE WA REVENUE REGD B/E AMT 5.00000000                                       | CUSIP: 735389D70<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1267875.13   | 0.20%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 08/01/33      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974DZ35<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    640000 | PA      | $664190.40    | 0.10%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA AZ 5.75% 06/15/58 | SIERRA VISTA AZ INDL DEV AUTH REGD OID B/E 5.75000000                                    | CUSIP: 82652UAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999881.60    | 0.16%             | 2058-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK ST MTGE 3.5% 10/01/32 | NEW YORK ST MTGE AGY HOMEOWNER REGD B/E AMT 3.50000000                                   | CUSIP: 64988YCS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $34832.45     | 0.01%             | 2032-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN  3% 03/15/50 | NEW YORK ST URBAN DEV CORP SAL REGD B/E 3.00000000                                       | CUSIP: 64985TCX7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $740223.10    | 0.12%             | 2050-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW Y 5% 10/15/29 | PORT AUTH OF NEW YORK & NEW JE REGD N/C B/E AMT 5.00000000                               | CUSIP: 73358XRC8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4283996.80   | 0.67%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST H 6.25% 07/01/59 | WASHINGTON ST HSG FIN COMMISSI REGD OID B/E 6.25000000                                   | CUSIP: 93978LGQ3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $539602.20    | 0.08%             | 2059-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PMA LEVY & AID ANT 5% 09/24/26 | PMA LEVY & AID ANTIC NTS PROGR REGD N/C B/E 5.00000000                                   | CUSIP: 730146DL8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2035674.20   | 0.32%             | 2026-09-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY M 5% 06/15/41 | NEW YORK CITY NY MUNI WTR FIN REGD B/E 5.00000000                                        | CUSIP: 64972GXB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059565.50   | 0.17%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN 5.25% 01/01/38 | INDIANAPOLIS IN LOCAL PUBLIC I REGD B/E AMT 5.25000000                                   | CUSIP: 45528U5F4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1361425.50   | 0.21%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY  5.25% 07/01/36 | SALT LAKE CITY UT ARPT REVENUE REGD B/E AMT 5.25000000                                   | CUSIP: 795576LT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $698405.38    | 0.11%             | 2036-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANK 3.4% 02/15/31 | CYPRESS-FAIRBANKS TX INDEP SCH REGD B/E PSF-GTD 3.40000000                               | CUSIP: 232769BM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000251.40   | 0.16%             | 2031-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS  5% 02/15/27 | CYPRESS-FAIRBANKS TX INDEP SCH REGD B/E PSF-GTD 5.00000000                               | CUSIP: 232769CG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105468.47    | 0.02%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 08/01/27 | MIAMI-DADE CNTY FL SCH BRD COP REGD B/E 5.00000000                                       | CUSIP: 59333MR31<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    220000 | PA      | $223294.70    | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON 5% 06/15/30 | NEW JERSEY ST ECON DEV AUTH RE REGD B/E 5.00000000                                       | CUSIP: 64577B4W1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066985.30   | 0.17%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARMEL IN REDEV AU 5% 07/15/35 | CARMEL IN REDEV AUTH REGD B/E ST INTE 5.00000000                                         | CUSIP: 143293CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4171591.50   | 0.65%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ  V/R 01/01/46 | MARICOPA CNTY AZ INDL DEV AUTH REGD V/R B/E 5.00000000                                   | CUSIP: 56682HCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $807871.76    | 0.13%             | 2046-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA 5% 10/01/26 | PORT OF SEATTLE WA REVENUE REGD B/E AMT 5.00000000                                       | CUSIP: 735389XE3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006094.90   | 0.16%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZOSPORT TX INDE 4% 02/15/33 | BRAZOSPORT TX INDEP SCH DIST REGD B/E PSF-GTD 4.00000000                                 | CUSIP: 106241C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515610.50   | 0.24%             | 2033-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSP 6% 04/01/35 | NEW YORK ST TRANSPRTN DEV CORP REGD B/E AMT 6.00000000                                   | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1655389.65   | 0.26%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEATTLE WA MUNI LI 5% 02/01/34 | SEATTLE WA MUNI LIGHT & PWR RE REGD N/C B/E 5.00000000                                   | CUSIP: 812643D35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1246469.86   | 0.19%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH 5% 12/01/32 | CALIFORNIA ST HLTH FACS FING A REGD B/E 5.00000000                                       | CUSIP: 13032U4W5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112159.00   | 0.17%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST 5% 11/01/45   | MASSACHUSETTS ST REGD B/E 5.00000000                                                     | CUSIP: 57582RZ82<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1582501.80   | 0.25%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN A 5.25% 11/15/27 | MET TRANSPRTN AUTH NY DEDICATE REGD B/E 5.25000000                                       | CUSIP: 59259N2G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1822638.65   | 0.28%             | 2027-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET COUNCIL MINNEA 3% 03/01/27 | MET COUNCIL MINNEAPOLIS-SAINT REGD B/E 3.00000000                                        | CUSIP: 591852WH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500354.00   | 0.39%             | 2027-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT 5% 06/01/47 | TOBACCO SETTLEMENT FING CORP V REGD OID B/E 5.00000000                                   | CUSIP: 88880NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $828785.80    | 0.13%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY T 5% 02/01/41 | NEW YORK CITY NY TRANSITIONAL REGD B/E 5.00000000                                        | CUSIP: 64971X7B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1727279.36   | 0.27%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPER 5% 05/01/28 | KENTUCKY ST PROPERTY & BLDGS C REGD N/C B/E 5.00000000                                   | CUSIP: 49151FYY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $152930.33    | 0.02%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP 5% 07/01/34 | LOS ANGELES CA DEPT WTR & PWR REGD B/E 5.00000000                                        | CUSIP: 5444957L2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1334554.33   | 0.21%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT A 3% 06/01/47 | CSCDA CMNTY IMPT AUTH CA ESSEN REGD OID B/E 3.00000000                                   | CUSIP: 126292CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1053312.30   | 0.16%             | 2047-06-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| COOK CNTY IL SALES 5% 11/15/41 | COOK CNTY IL SALES TAX REVENUE REGD B/E 5.00000000                                       | CUSIP: 213248EQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1052713.75   | 0.16%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY 5% 11/15/28 | DENVER CITY & CNTY CO ARPT REV REGD B/E AMT 5.00000000                                   | CUSIP: 249182KN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $202556.56    | 0.03%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY H 4% 02/01/50 | CALIFORNIA CMNTY HSG AGY ESSEN REGD B/E 4.00000000                                       | CUSIP: 13013FBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $760967.80    | 0.12%             | 2050-02-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| WOLF CREEK INFR 5.75% 12/01/44 | WOLF CREEK INFRASTRUCTURE FING REGD B/E 5.75000000                                       | CUSIP: 977695AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $716166.50    | 0.11%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WEST SHORE PA SCH  5% 11/15/43 | WEST SHORE PA SCH DIST REGD B/E ST AID 5.00000000                                        | CUSIP: 955819TH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519132.35   | 0.24%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH 5% 07/01/47 | PUERTO RICO CMWLTH AQUEDUCT & REGD B/E 5.00000000                                        | CUSIP: 745160SJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $982998.60    | 0.15%             | 2047-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MET SAINT LOUIS MO 5% 05/01/37 | MET SAINT LOUIS MO SWR DIST WS REGD B/E 5.00000000                                       | CUSIP: 592481KE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2560186.00   | 0.40%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK DESERT P 5.625% 12/01/53 | BLACK DESERT PUB INFRASTRUCTUR REGD B/E 5.62500000                                       | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $606613.02    | 0.09%             | 2053-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC 5% 12/01/33 | KENTUCKY ST PUBLIC ENERGY AUTH REGD B/E 5.00000000                                       | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $522987.35    | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| APPLETON WI STORM  5% 04/01/33 | APPLETON WI STORM WTR SYS REVE REGD N/C B/E 5.00000000                                   | CUSIP: 038137PN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $773086.76    | 0.12%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST B 5% 07/01/38 | MASSACHUSETTS ST BAY TRANSPRTN REGD B/E 5.00000000                                       | CUSIP: 575579Z42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2665000 | PA      | $3082112.48   | 0.48%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY 5% 11/15/30 | DENVER CITY & CNTY CO ARPT REV REGD B/E AMT 5.00000000                                   | CUSIP: 249182KQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119418.24    | 0.02%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 5% 06/15/40 | NEW JERSEY ST TRANSPRTN TRUST REGD B/E 5.00000000                                        | CUSIP: 6461367G0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1114597.26   | 0.17%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST 5% 10/01/30     | MISSISSIPPI ST REGD B/E 5.00000000                                                       | CUSIP: 605581JN8<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    160000 | PA      | $166855.81    | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAUXMONT MET DIST  5% 12/15/31 | VAUXMONT MET DIST CO REGD B/E AG 5.00000000                                              | CUSIP: 92242SAL7<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    135000 | PA      | $137814.93    | 0.02%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY T 5% 08/01/41 | NEW YORK CITY NY TRANSITIONAL REGD B/E 5.00000000                                        | CUSIP: 64971XX45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3435027.52   | 0.54%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 5% 06/15/44 | NEW JERSEY ST TRANSPRTN TRUST REGD B/E 5.00000000                                        | CUSIP: 6461365N7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1810285.38   | 0.28%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST H 5.25% 07/01/55 | WASHINGTON ST HSG FIN COMMISSI REGD OID B/E BAM 5.25000000                               | CUSIP: 93978LJN7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016403.30   | 0.16%             | 2055-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| COLORADO EDUCTNL 5.8% 04/01/54 | COLORADO EDUCTNL & CULTURAL AU REGD B/E 5.80000000                                       | CUSIP: 19645URG1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    600000 | PA      | $593053.62    | 0.09%             | 2054-04-01      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| PENNSYLVANIA ST 4% 09/15/34    | PENNSYLVANIA ST REGD B/E 4.00000000                                                      | CUSIP: 70914PF23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1964276.93   | 0.31%             | 2034-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OH CITY S 5% 12/01/32 | PREREF COLUMBUS OH CITY SCH DIST REGD B/E PREREFUNDED 06/01/26 @ 100 5.00000000          | CUSIP: 1995077U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5055.19      | 0.00%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 04/15/30     | CONNECTICUT ST REGD B/E 5.00000000                                                       | CUSIP: 20772KFY0<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    150000 | PA      | $161909.00    | 0.03%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALDINE TX INDEP SC 5% 02/15/33 | ALDINE TX INDEP SCH DIST REGD N/C B/E PSF-GTD 5.00000000                                 | CUSIP: 014393B50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2868129.00   | 0.45%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HS 4% 10/01/49 | RHODE ISLAND ST HSG & MTGE FIN REGD B/E GNMA CO 4.00000000                               | CUSIP: 76221RB44<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45154.69     | 0.01%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST  5% 12/01/35 | SOUTH CAROLINA ST PUBLIC SVC A REGD B/E 5.00000000                                       | CUSIP: 837151RN1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    185000 | PA      | $188323.30    | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH 5% 11/15/27 | MET TRANSPRTN AUTH NY REVENUE REGD B/E 5.00000000                                        | CUSIP: 59261AGY7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    290000 | PA      | $295715.47    | 0.05%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH 5% 11/15/30 | MET TRANSPRTN AUTH NY REVENUE REGD B/E 5.00000000                                        | CUSIP: 59261AFA0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    270000 | PA      | $275441.47    | 0.04%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARDEN CITY KS 5.375% 06/01/39 | GARDEN CITY KS SALES TAX SPL O REGD OID B/E 5.37500000                                   | CUSIP: 36508AAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252746.58    | 0.04%             | 2039-06-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| COLORADO ST HSG 4.25% 11/01/49 | COLORADO ST HSG & FIN AUTH REGD B/E 4.25000000                                           | CUSIP: 1964795U9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35329.06     | 0.01%             | 2049-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC  5% 10/01/35 | MET WASHINGTON DC ARPTS AUTH A REGD N/C B/E AMT 5.00000000                               | CUSIP: 592647NS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138103.20   | 0.18%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUB FIN AUTH WI TA 5% 06/01/41 | PUB FIN AUTH WI TAX INCREMENT REGD OID B/E 5.00000000                                    | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015617.80   | 0.16%             | 2041-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TEXAS ST DEPT OF H 4% 03/01/50 | TEXAS ST DEPT OF HSG & CMNTY A REGD B/E GNMA CO 4.00000000                               | CUSIP: 88275FRD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $191339.35    | 0.03%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ARP 5% 07/01/28 | SAN ANTONIO TX ARPT SYS REVENU REGD N/C B/E AMT 5.00000000                               | CUSIP: 796242TM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $503674.18    | 0.08%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH  5% 01/01/28 | N TX TOLLWAY AUTH REVENUE REGD B/E 5.00000000                                            | CUSIP: 66285WSG2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1753360.53   | 0.27%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TUSCALOOSA CNTY 5.25% 05/01/44 | TUSCALOOSA CNTY AL INDL DEV AU REGD B/E 5.25000000                                       | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002319.90   | 0.16%             | 2044-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC PWR GENERAT 5% 01/01/27 | PUBLIC PWR GENERATION AGY NE R REGD N/C B/E 5.00000000                                   | CUSIP: 744434EY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1932236.97   | 0.30%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ARP 5% 07/01/27 | SAN ANTONIO TX ARPT SYS REVENU REGD N/C B/E AMT 5.00000000                               | CUSIP: 796242TZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514771.70    | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS S 5.25% 08/01/38 | MASSACHUSETTS ST WTR RESOURCES REGD N/C B/E AG 5.25000000                                | CUSIP: 576049X39<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $2084837.84   | 0.33%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP 4% 05/15/38 | LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 4.00000000                                   | CUSIP: 544445YB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $654313.21    | 0.10%             | 2038-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE RI P 5.25% 09/15/43 | PROVIDENCE RI PUBLIC BLDGS AUT REGD B/E AG 5.25000000                                    | CUSIP: 74381MDL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $442206.77    | 0.07%             | 2043-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST  6.375% 06/15/64 | CALIFORNIA ST MUNI FIN AUTH ED REGD B/E 6.37500000                                       | CUSIP: 130497AY6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $316398.06    | 0.05%             | 2064-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 5% 06/15/36 | NEW JERSEY ST TRANSPRTN TRUST REGD B/E 5.00000000                                        | CUSIP: 64613CEN4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5580000 | PA      | $6375560.69   | 1.00%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG 3.65% 11/01/33 | MISSOURI ST HSG DEV COMMISSION REGD N/C B/E GNMA/FN 3.65000000                           | CUSIP: 60637GLS6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    525000 | PA      | $528975.88    | 0.08%             | 2033-11-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 04/15/34     | CONNECTICUT ST REGD B/E 5.00000000                                                       | CUSIP: 20772KGC7<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    170000 | PA      | $182154.59    | 0.03%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST  3.5% 12/01/34 | RHODE ISLAND ST STUDENT LOAN A REGD OID B/E AMT 3.50000000                               | CUSIP: 762315QU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54610.81     | 0.01%             | 2034-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ S 4% 07/01/35 | MARICOPA CNTY AZ SPL HLTH CARE REGD B/E 4.00000000                                       | CUSIP: 56756TBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1405325.03   | 0.22%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEV FIN 5.7% 05/01/53 | ARKANSAS DEV FIN AUTH ENVIRONM REGD B/E AMT 5.70000000                                   | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1172724.92   | 0.18%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX P 5% 07/01/39 | UNIV OF TEXAS TX PERMANENT UNI REGD N/C B/E 5.00000000                                   | CUSIP: 915130CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4335000 | PA      | $5168027.91   | 0.81%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DE 4% 05/01/50 | MISSOURI ST HSG DEV COMMISSION REGD B/E GNMA/FN 4.00000000                               | CUSIP: 60637BVE7<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35157.77     | 0.01%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL AR 5% 10/01/29 | BROWARD CNTY FL ARPT SYS REVEN REGD B/E AMT 5.00000000                                   | CUSIP: 114894WA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120162.28    | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST 5% 09/15/29    | PENNSYLVANIA ST REGD B/E 5.00000000                                                      | CUSIP: 70914PE57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $824153.94    | 0.13%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STHRN CALIFORNIA  V/R 07/01/53 | STHRN CALIFORNIA ST PUBLIC PWR REGD V/R B/E 5.00000000                                   | CUSIP: 842469DL9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1421088.00   | 0.22%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVEN 5% 01/15/29 | OHIO ST HOSP REVENUE REGD N/C B/E 5.00000000                                             | CUSIP: 67756CGK8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056211.30   | 0.16%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST  5.5% 06/30/37 | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.50000000                                    | CUSIP: 70868YAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094147.80   | 0.17%             | 2037-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST  4% 01/01/50 | SOUTH CAROLINA ST HSG FIN & DE REGD B/E 4.00000000                                       | CUSIP: 83712DC79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80522.82     | 0.01%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN  4.5% 03/01/50 | OHIO ST HSG FIN AGY RSDL MTGE REGD B/E 4.50000000                                        | CUSIP: 67756QZW0<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30287.15     | 0.00%             | 2050-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOB 5% 01/01/38 | CENTRL TX REGL MOBILITY AUTH R REGD B/E 5.00000000                                       | CUSIP: 155498KL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1909844.10   | 0.30%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST S 5% 02/15/38 | MASSACHUSETTS ST SCH BLDG AUTH REGD N/C B/E 5.00000000                                   | CUSIP: 576000G72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $297630.90    | 0.05%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH  5% 01/01/39 | N TX TOLLWAY AUTH REVENUE REGD B/E 5.00000000                                            | CUSIP: 66285WSR8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200384.06    | 0.03%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TN 4% 04/01/37     | SHELBY CNTY TN REGD B/E 4.00000000                                                       | CUSIP: 821686V82<br>LEI: 5493000UVZ1EF2SIPO10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019829.00   | 0.16%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT 5% 12/01/32 | WAYNE CNTY MI ARPT AUTH REVENU REGD N/C B/E AMT 5.00000000                               | CUSIP: 944514X45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $773278.31    | 0.12%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 07/01/40 | MIAMI-DADE CNTY FL EXPRESSWAY REGD OID B/E 5.00000000                                    | CUSIP: 59334KFW3<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |    235000 | PA      | $236002.06    | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLT 5% 12/01/34 | CHATTANOOGA TN HLTH EDUCTNL & REGD N/C B/E 5.00000000                                    | CUSIP: 162409AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133631.00   | 0.18%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH  4% 01/01/38 | N TX TOLLWAY AUTH REVENUE REGD OID B/E 4.00000000                                        | CUSIP: 66285WXY7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001978.60   | 0.16%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEFA INC IA GAS P V/R 09/01/49 | PEFA INC IA GAS PROJ REVENUE REGD V/R B/E 5.00000000                                     | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   6440000 | PA      | $6506838.18   | 1.02%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC  5% 10/01/36 | MET WASHINGTON DC ARPTS AUTH A REGD B/E AMT 5.00000000                                   | CUSIP: 592647EN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1863654.52   | 0.29%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE  5.5% 12/01/54 | COLORADO BRIDGE & TUNNEL ENTER REGD B/E AG 5.50000000                                    | CUSIP: 19633TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083848.50   | 0.17%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY T 5% 05/01/41 | NEW YORK CITY NY TRANSITIONAL REGD B/E 5.00000000                                        | CUSIP: 64971XDQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032117.30   | 0.16%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERK INDL REGL 6.625% 09/01/47 | VERK INDL REGL PUBLIC INFRASTR REGD B/E 6.62500000                                       | CUSIP: 92348YAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049463.30   | 0.16%             | 2047-09-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| MARION CNTY FL SCH 5% 06/01/37 | MARION CNTY FL SCH BRD COPS REGD B/E AG 5.00000000                                       | CUSIP: 56879EHD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2245666.00   | 0.35%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPL FIN AGY V 3% 08/01/56 | CMFA SPL FIN AGY VII CA ESSENT REGD B/E 3.00000000                                       | CUSIP: 12574UAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $761592.41    | 0.12%             | 2056-08-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CORPUS CHRISTI TX  5% 07/15/40 | CORPUS CHRISTI TX UTILITY SYSR REGD B/E 5.00000000                                       | CUSIP: 2202452F0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1063944.64   | 0.17%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRAN 5% 10/01/31 | GRAND PARKWAY TRANSPRTN CORP T REGD B/E 5.00000000                                       | CUSIP: 38611TBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $158092.68    | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARION CNTY FL SCH 5% 06/01/31 | MARION CNTY FL SCH BRD COPS REGD N/C B/E AG 5.00000000                                   | CUSIP: 56879EGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2169046.23   | 0.34%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TIGARD OR WTR SYS  5% 08/01/43 | TIGARD OR WTR SYS REVENUE REGD B/E BAM 5.00000000                                        | CUSIP: 88675ADB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $817990.88    | 0.13%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA 5% 09/01/40      | PITTSBURGH PA REGD B/E 5.00000000                                                        | CUSIP: 725209SL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544603.35    | 0.09%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDEP S V/R 08/15/57 | ARGYLE TX INDEP SCH DIST REGD V/R B/E PSF-GTD 4.00000000                                 | CUSIP: 040319X26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018570.40   | 0.16%             | 2057-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY O 5.25% 11/01/55 | FRANKLIN CNTY OH HOSP FACS REV REGD B/E 5.25000000                                       | CUSIP: 353187FK8<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056797.90   | 0.16%             | 2055-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 07/01/44 | MIAMI-DADE CNTY FL EXPRESSWAY REGD B/E 5.00000000                                        | CUSIP: 59334KJP4<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |     85000 | PA      | $84095.45     | 0.01%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HSG 3.5% 09/01/50 | WISCONSIN ST HSG & ECON DEV AU REGD B/E 3.50000000                                       | CUSIP: 97689QNB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $218964.02    | 0.03%             | 2050-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDE V/R 08/01/54 | NORTHSIDE TX INDEP SCH DIST REGD V/R B/E PSF-GTD 3.45000000                              | CUSIP: 66702RK92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $991720.66    | 0.15%             | 2054-08-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST PUBLIC 5% 01/01/31 | NEBRASKA ST PUBLIC PWR DIST RE REGD B/E 5.00000000                                       | CUSIP: 63968AJ97<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115177.45    | 0.02%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPL FIN AGY C 4% 12/01/45 | CMFA SPL FIN AGY CA ESSENTIAL REGD B/E 4.00000000                                        | CUSIP: 12574WAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $791144.80    | 0.12%             | 2045-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CITY NY T 5% 08/01/43 | NEW YORK CITY NY TRANSITIONAL REGD B/E 5.00000000                                        | CUSIP: 64971XX60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2304457.23   | 0.36%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SC 5% 12/15/43 | DOUGLAS CNTY NE SCH DIST #54 REGD B/E 5.00000000                                         | CUSIP: 259345QZ2<br>LEI: 5493001OD76DCJN87865 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061629.70   | 0.17%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDE 4% 08/01/41 | NORTH EAST TX INDEP SCH DIST REGD B/E PSF-GTD 4.00000000                                 | CUSIP: 659155QD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009039.40   | 0.16%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DU PAGE & COOK CNT 5% 01/01/28 | DU PAGE & COOK CNTYS IL CMNTY REGD N/C B/E 5.00000000                                    | CUSIP: 262588MU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $705023.12    | 0.11%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 10/01/44 | MIAMI-DADE CNTY FL WTR & SWR R REGD B/E 5.00000000                                       | CUSIP: 59334DLU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10349826.00  | 1.62%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 07/01/29      | WASHINGTON ST REGD N/C B/E 5.00000000                                                    | CUSIP: 93974E5E2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1955071.44   | 0.31%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS  5% 02/15/26 | CYPRESS-FAIRBANKS TX INDEP SCH REGD N/C B/E PSF-GTD 5.00000000                           | CUSIP: 232769MQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1934417.68   | 0.30%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA  6.75% 10/15/60 | SOUTH CAROLINA ST JOBS-ECON DE REGD OID B/E 6.75000000                                   | CUSIP: 83704KAC4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2508800.75   | 0.39%             | 2060-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FAYETTE CNTY GA DE 5% 10/01/30 | FAYETTE CNTY GA DEV AUTH REVEN REGD N/C B/E 5.00000000                                   | CUSIP: 31222PAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $365099.92    | 0.06%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HGR EDU FACS FI 6.25% 07/01/55 | HGR EDU FACS FING AUTH FL HGR REGD B/E 6.25000000                                        | CUSIP: 42982GAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998379.20   | 0.31%             | 2055-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FAYETTE CNTY KY SC 5% 06/01/43 | FAYETTE CNTY KY SCH DIST FIN C REGD B/E ST INTE 5.00000000                               | CUSIP: 312432Y35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2310550.66   | 0.36%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST WTR DEV B 5% 04/15/26 | TEXAS ST WTR DEV BRD REGD N/C B/E 5.00000000                                             | CUSIP: 882854ZU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126100.00    | 0.02%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY 5% 08/01/40        | NEW YORK NY REGD B/E 5.00000000                                                          | CUSIP: 64966Q6F2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088769.20   | 0.17%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK RIDGE INF 6.25% 12/01/54 | BLACK RIDGE INFRASTRUCTURE FIN REGD B/E 6.25000000                                       | CUSIP: 09217JAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004252.30   | 0.16%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEVADA ST HSG DIV  4% 10/01/49 | NEVADA ST HSG DIV SF MTGE REVE REGD B/E GNMA/FN 4.00000000                               | CUSIP: 641279NU4<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30119.51     | 0.00%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUT 4.75% 08/01/42 | IOWA ST FIN AUTH MIDWSTRN DISA REGD B/E 4.75000000                                       | CUSIP: 46246SAE5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000020.20   | 0.31%             | 2042-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VLG  6% 06/15/54 | MIDA MOUNTAIN VLG PUBLIC INFRA REGD B/E 6.00000000                                       | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515033.10    | 0.08%             | 2054-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CABOT CITRUS FA 5.25% 03/01/29 | CABOT CITRUS FARMS FL CDD REGD B/E 5.25000000                                            | CUSIP: 127052AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011760.70   | 0.16%             | 2029-03-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PHILADELPHIA PA 5% 08/01/30    | PHILADELPHIA PA REGD N/C B/E 5.00000000                                                  | CUSIP: 717813C56<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3307960.50   | 0.52%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSCEOLA AR SOL WS V/R 04/01/36 | OSCEOLA AR SOL WST DIST REVENU REGD V/R B/E AMT 5.50000000                               | CUSIP: 688008AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000247.90   | 0.16%             | 2036-04-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL 5% 08/15/37 | LOUISIANA ST LOCAL GOVT ENVRNM REGD B/E 5.00000000                                       | CUSIP: 546275AN8<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2863414.68   | 0.45%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 4% 06/15/39 | NEW JERSEY ST TRANSPRTN TRUST REGD B/E 4.00000000                                        | CUSIP: 64613CAB4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    895000 | PA      | $899503.82    | 0.14%             | 2039-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE LA UTILI 5% 11/01/42 | LAFAYETTE LA UTILITIES REVENUE REGD B/E AG 5.00000000                                    | CUSIP: 506498E83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2694252.75   | 0.42%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL H 5% 01/01/42 | ILLINOIS ST TOLL HIGHWAY AUTH REGD B/E 5.00000000                                        | CUSIP: 452252MT3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1568918.43   | 0.24%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER AL GAS DIST V/R 12/01/50 | LOWER AL GAS DIST GAS PROJ REV REGD V/R B/E 4.00000000                                   | CUSIP: 547804AM6<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2540000.00   | 0.40%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD  5.75% 12/01/50 | CHICAGO IL BRD OF EDU REGD OID B/E 5.75000000                                            | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1466914.65   | 0.23%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH F 6.3% 05/01/54 | LAKEWOOD RANCH FL STEWARDSHIP REGD OID B/E 6.30000000                                    | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527595.70    | 0.08%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST  4% 07/01/50 | SOUTH CAROLINA ST HSG FIN & DE REGD B/E 4.00000000                                       | CUSIP: 83712DK70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65408.47     | 0.01%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG F V/R 05/01/65 | NEW YORK ST HSG FIN AGY AFFORD REGD V/R B/E SONYMA 3.37500000                            | CUSIP: 64987J6Z9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1220690.21   | 0.19%             | 2065-05-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| PECOS BARSTOW TOYA 5% 02/15/38 | PECOS BARSTOW TOYAH TX INDEP S REGD B/E PSF-GTD 5.00000000                               | CUSIP: 705227HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001895.00   | 0.16%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRAVIS CNTY TX 5% 03/01/38     | TRAVIS CNTY TX REGD B/E 5.00000000                                                       | CUSIP: 89453PJ26<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1573079.72   | 0.25%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES  5% 06/15/28 | ILLINOIS ST SALES TAX REVENUE REGD N/C B/E 5.00000000                                    | CUSIP: 452227UY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3027725.86   | 0.47%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ARPT SYS 5% 11/15/29 | AUSTIN TX ARPT SYS REVENUE REGD B/E AMT 5.00000000                                       | CUSIP: 052398EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80155.52     | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOMBALL TX INDEP S 5% 02/15/26 | TOMBALL TX INDEP SCH DIST REGD N/C B/E PSF-GTD 5.00000000                                | CUSIP: 889855W81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009993.00   | 0.31%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAMPA BAY FL WTR R 5% 10/01/49 | TAMPA BAY FL WTR REGL WTR SPLY REGD B/E 5.00000000                                       | CUSIP: 875124HW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2765092.31   | 0.43%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AU 5% 07/01/36 | PREREF ILLINOIS ST FIN AUTH REVENUE REGD B/E PREREFUNDED 07/01/26 @ 100 5.00000000       | CUSIP: 45204EDL9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    255000 | PA      | $258727.11    | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST 5% 08/01/37       | MINNESOTA ST REGD B/E 5.00000000                                                         | CUSIP: 60412APM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5261859.00   | 0.82%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST CMNT 3.5% 03/01/50 | MARYLAND ST CMNTY DEV ADMIN DE REGD B/E 3.50000000                                       | CUSIP: 57419TDL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $109633.26    | 0.02%             | 2050-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST CLG BL 5% 02/01/30 | VIRGINIA ST CLG BLDG AUTH EDUC REGD B/E 5.00000000                                       | CUSIP: 92778VFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $278308.62    | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CU 5% 07/01/32 | TARRANT CNTY TX CULTURAL EDU F REGD B/E 5.00000000                                       | CUSIP: 87638THF3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3043694.78   | 0.48%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH  V/R 11/15/49 | PREREF COLORADO ST HLTH FACS AUTH REV REGD V/R B/E PREREFUNDED 11/19/26 @ 100 5.00000000 | CUSIP: 19648FXB5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61341.14     | 0.01%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN 5% 07/15/30 | IDAHO ST HSG & FIN ASSN REGD N/C B/E 5.00000000                                          | CUSIP: 45129WPY0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    250000 | PA      | $274564.88    | 0.04%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY  5% 06/01/38 | HILLSBOROUGH CNTY FL PORT DIST REGD B/E AMT 5.00000000                                   | CUSIP: 432325JM1<br>LEI: 549300HV3CIZREMO9Q36 | Long             | DBT              | MUN               | US        |    185000 | PA      | $192388.94    | 0.03%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST 5% 08/01/26           | TEXAS ST REGD B/E AMT 5.00000000                                                         | CUSIP: 882723SB6<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150262.64    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL 5% 10/01/26 | LOUISIANA ST LOCAL GOVT ENVRNM REGD N/C B/E BAM 5.00000000                               | CUSIP: 54628CCP5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527668.25   | 0.24%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELE 4% 02/01/43 | SAN ANTONIO TX ELEC & GAS REVE REGD B/E 4.00000000                                       | CUSIP: 79625GEW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492294.55    | 0.08%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNT 6.625% 12/01/42 | WASHINGTON CNTY OH HOSP REVENU REGD OID B/E 6.62500000                                   | CUSIP: 938154DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061984.40   | 0.17%             | 2042-12-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST  V/R 11/01/55 | MASSACHUSETTS ST DEV FIN AGY S REGD V/R B/E 5.00000000                                   | CUSIP: 57585BKD9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $589606.10    | 0.09%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SWR DI V/R 07/01/32 | DETROIT MI SWR DISP SYS REVENU REGD V/R B/E AG 3.44540000                                | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $158409.52    | 0.02%             | 2032-07-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| DUCHESNE UT SCH DI 5% 06/01/37 | DUCHESNE UT SCH DIST MUNI BLDG REGD B/E 5.00000000                                       | CUSIP: 26410TAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1471681.12   | 0.23%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HA 5.25% 01/01/42 | CHICAGO IL O'HARE INTERNATIONA REGD B/E 5.25000000                                       | CUSIP: 167593WQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013464.90   | 0.16%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MTA HUDSON RAIL YA 5% 11/15/51 | MTA HUDSON RAIL YARDS TRUST OB REGD B/E 5.00000000                                       | CUSIP: 62476RAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $369843.79    | 0.06%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH DURHAM NC  5% 05/01/29 | RALEIGH DURHAM NC ARPT AUTH AR REGD N/C B/E AMT 5.00000000                               | CUSIP: 751073LX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $111795.75    | 0.02%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST CLG BL 5% 02/01/26 | VIRGINIA ST CLG BLDG AUTH EDUC REGD N/C B/E 5.00000000                                   | CUSIP: 92778VDZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165657.21    | 0.03%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAKE CNTY NC LIMIT 5% 05/01/28 | WAKE CNTY NC LIMITED OBLIG REGD N/C B/E 5.00000000                                       | CUSIP: 930876HW0<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1280551.71   | 0.20%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST DEV  5.5% 08/15/57 | OKLAHOMA ST DEV FIN AUTH HLTHS REGD B/E 5.50000000                                       | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1172216.10   | 0.18%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT  5% 07/01/28 | SALT LAKE CITY UT ARPT REVENUE REGD B/E AMT 5.00000000                                   | CUSIP: 795576FM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $118526.84    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV  6.75% 06/15/53 | FLORIDA ST DEV FIN CORP EDUCTN REGD OID B/E 6.75000000                                   | CUSIP: 34061UMC9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    600000 | PA      | $630436.50    | 0.10%             | 2053-06-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MICHIGAN ST BLDG A 5% 10/15/34 | MICHIGAN ST BLDG AUTH REVENUE REGD B/E 5.00000000                                        | CUSIP: 594615FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $504355.40    | 0.08%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CONNECTICU 5% 11/01/27 | UNIV OF CONNECTICUT CT REGD N/C B/E ST APPR 5.00000000                                   | CUSIP: 914233T76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $345881.12    | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA 5% 10/01/29 | PORT OF SEATTLE WA REVENUE REGD B/E AMT 5.00000000                                       | CUSIP: 735389XH6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135756.41    | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOVE FIELD TX ARPT 5% 11/01/30 | LOVE FIELD TX ARPT MODERNIZATI REGD B/E AMT 5.00000000                                   | CUSIP: 54714CAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40051.75     | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INF V/R 01/01/65 | CALIFORNIA ST INFRASTRUCTURE & REGD V/R OID B/E AMT 9.50000000                           | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1105000.00   | 0.17%             | 2065-01-01      | Variable      | 9.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA ST 5% 08/01/29      | CALIFORNIA ST REGD B/E 5.00000000                                                        | CUSIP: 13063C4R8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    205000 | PA      | $208361.53    | 0.03%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 01/15/26     | CONNECTICUT ST REGD N/C B/E 5.00000000                                                   | CUSIP: 20772KJK6<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175509.72    | 0.03%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRYAN TX ELEC SYS  5% 07/01/41 | BRYAN TX ELEC SYS REVENUE REGD B/E BAM 5.00000000                                        | CUSIP: 117569NB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $428722.07    | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY 5% 08/01/31        | NEW YORK NY REGD B/E 5.00000000                                                          | CUSIP: 64966QGX2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3299610.90   | 0.52%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 10/15/29     | CONNECTICUT ST REGD B/E 5.00000000                                                       | CUSIP: 20772J3Y6<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152958.56    | 0.02%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAYS HARBOR C 6.875% 12/01/53 | GRAYS HARBOR CNTY WA PUBLIC HO REGD OID B/E 6.87500000                                   | CUSIP: 389526AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107121.00   | 0.17%             | 2053-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 08/01/45      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974EXW1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7917969.75   | 1.24%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY OH V/R 12/01/53 | JEFFERSON CNTY OH PORT AUTH EC REGD V/R B/E AMT 5.00000000                               | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024702.90   | 0.16%             | 2053-12-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| S MIAMI FL HLTH FA 5% 08/15/42 | S MIAMI FL HLTH FACS AUTH REGD B/E 5.00000000                                            | CUSIP: 838810ED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1524467.10   | 0.24%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & 3.5% 01/01/49 | INDIANA ST HSG & CMNTY DEV AUT REGD B/E GNMA/FN 3.50000000                               | CUSIP: 45505TPP0<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    105000 | PA      | $104662.85    | 0.02%             | 2049-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DOR 5.25% 03/15/38 | NEW YORK ST DORM AUTH ST PERSO REGD B/E 5.25000000                                       | CUSIP: 64990FJF2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3157972.20   | 0.49%             | 2038-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DRIPPING SPRINGS T 5% 02/15/38 | DRIPPING SPRINGS TX INDEP SCHD REGD B/E PSF-GTD 5.00000000                               | CUSIP: 262061US1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1142284.70   | 0.18%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST P 5% 07/01/31 | MASSACHUSETTS ST PORT AUTH REGD N/C B/E AMT 5.00000000                                   | CUSIP: 575896XX8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |    500000 | PA      | $550101.85    | 0.09%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CM 5% 12/01/46 | CALIFORNIA STWD CMNTYS DEV AUT REGD B/E 5.00000000                                       | CUSIP: 13080SMK7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000341.70   | 0.16%             | 2046-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WARRICK CNTY IN BL 5% 08/01/32 | WARRICK CNTY IN BLDG CORP LEAS REGD N/C B/E ST INTE 5.00000000                           | CUSIP: 93618RAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $645531.36    | 0.10%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO 5% 06/01/55 | BUCKEYE OH TOBACCO SETTLEMENT REGD B/E 5.00000000                                        | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $3321934.98   | 0.52%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOMBALL TX INDEP S 4% 02/15/50 | TOMBALL TX INDEP SCH DIST REGD OID B/E PSF-GTD 4.00000000                                | CUSIP: 889855Z54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1403291.10   | 0.22%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV B 4.65% 10/15/40 | TEXAS WTR DEV BRD REVENUE REGD B/E 4.65000000                                            | CUSIP: 88285ABE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2108845.20   | 0.33%             | 2040-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST M 3.75% 01/01/50 | NEW MEXICO ST MTGE FIN AUTH REGD B/E GNMA/FN 3.75000000                                  | CUSIP: 647201HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85035.23     | 0.01%             | 2050-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MET ATLANTA RAPID  5% 07/01/33 | MET ATLANTA RAPID TRANSIT AUTH REGD N/C B/E 5.00000000                                   | CUSIP: 591746CJ9<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4652710.00   | 0.73%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 08/01/32      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974DP36<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    430000 | PA      | $446824.87    | 0.07%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST 5% 09/01/26      | CALIFORNIA ST REGD N/C B/E 5.00000000                                                    | CUSIP: 13063D4Y1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2293748.78   | 0.36%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT 3.5% 10/01/33 | MARYLAND ST DEPT OF TRANSPRTN REGD B/E 3.50000000                                        | CUSIP: 574204M59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006673.20   | 0.47%             | 2033-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY A 5% 11/01/35 | SOUTHEAST ENERGY AUTHORITY A C REGD B/E 5.00000000                                       | CUSIP: 84136HDM2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079271.40   | 0.17%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federated Investors, Inc.      | Federated Government Obligations Fund                                                    | CUSIP: 608919718<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | STIV             | RF                | US        |  11048625 | OU      | $11048625.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SAINT JOHN THE  5.25% 03/01/37 | SAINT JOHN THE BAPTIST PARISHL REGD B/E 5.25000000                                       | CUSIP: 790229SV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091878.10   | 0.17%             | 2037-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VILLAGE MET DIST C 5% 12/01/49 | VILLAGE MET DIST CO REGD B/E 5.00000000                                                  | CUSIP: 92708CAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1700332.38   | 0.27%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL TRANSPRTN  4.25% 11/01/36 | REGL TRANSPRTN DIST CO SALES T REGD N/C B/E 4.25000000                                   | CUSIP: 759136SA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1456062.32   | 0.23%             | 2036-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHO 5.5% 12/01/43 | CLEVELAND-CUYAHOGA CNTY OH POR REGD B/E 5.50000000                                       | CUSIP: 18610PAV0<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011632.30   | 0.16%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG F V/R 11/01/64 | NEW YORK ST HSG FIN AGY AFFORD REGD V/R B/E SONYMA 3.60000000                            | CUSIP: 64987J4L2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    925000 | PA      | $930468.14    | 0.15%             | 2064-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 5% 06/15/33 | NEW JERSEY ST TRANSPRTN TRUST REGD N/C B/E 5.00000000                                    | CUSIP: 64613CHB7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    675000 | PA      | $771969.62    | 0.12%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL  V/R 04/01/33 | LEE CNTY FL INDL DEV AUTH HOSP REGD V/R B/E 5.00000000                                   | CUSIP: 52350LAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $755667.57    | 0.12%             | 2033-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST CLG BL 5% 02/01/31 | VIRGINIA ST CLG BLDG AUTH EDUC REGD B/E 5.00000000                                       | CUSIP: 92778VFK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $320307.74    | 0.05%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 05/01/31 | MIAMI-DADE CNTY FL SCH BRD COP REGD B/E 5.00000000                                       | CUSIP: 59333MQ73<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    570000 | PA      | $574378.51    | 0.09%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY O 1.25% 07/01/26 | OKLAHOMA CNTY OK INDEP SCH DIS REGD N/C OID B/E 1.25000000                               | CUSIP: 678841LN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2477628.25   | 0.39%             | 2026-07-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BROOKLYN ARENA NY ZCP 07/15/46 | BROOKLYN ARENA NY LOCAL DEV CO REGD N/C ZCP OID B/E 0.00000000                           | CUSIP: 113807AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $494609.12    | 0.08%             | 2046-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH 5.75% 12/31/65 | PUBLIC FIN AUTH WI REVENUE REGD OID B/E AMT 5.75000000                                   | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555542.75   | 0.24%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VAUXMONT MET DIST  5% 12/15/29 | VAUXMONT MET DIST CO REGD B/E AG 5.00000000                                              | CUSIP: 92242SAJ2<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    120000 | PA      | $122505.36    | 0.02%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT A 3% 12/01/56 | CSCDA CMNTY IMPT AUTH CA ESSEN REGD OID B/E 3.00000000                                   | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $712551.10    | 0.11%             | 2056-12-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| LEE CNTY FL INDL D 5% 04/01/35 | LEE CNTY FL INDL DEV AUTH HOSP REGD B/E 5.00000000                                       | CUSIP: 52350LAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $541857.71    | 0.08%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN  5% 03/15/38 | NEW YORK ST URBAN DEV CORP REV REGD B/E 5.00000000                                       | CUSIP: 6500354L9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3576642.65   | 0.56%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL D 5% 04/01/33 | LEE CNTY FL INDL DEV AUTH HOSP REGD B/E 5.00000000                                       | CUSIP: 52350LAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $613911.61    | 0.10%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN TX  3.875% 08/15/44 | GEORGETOWN TX INDEP SCH DIST REGD OID B/E PSF-GTD 3.87500000                             | CUSIP: 373046A76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969942.10    | 0.15%             | 2044-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN 5.25% 01/01/37 | INDIANAPOLIS IN LOCAL PUBLIC I REGD B/E AMT 5.25000000                                   | CUSIP: 45528U5E7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    600000 | PA      | $657361.50    | 0.10%             | 2037-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST D 5% 07/01/35 | MASSACHUSETTS ST DEV FIN AGY R REGD B/E 5.00000000                                       | CUSIP: 57584XHY0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011165.40   | 0.16%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VLG  4% 08/01/50 | MIDA MOUNTAIN VLG PUBLIC INFRA REGD OID B/E 4.00000000                                   | CUSIP: 59561TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1000083.77   | 0.16%             | 2050-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS ST FIN AU 5% 08/15/33 | PREREF ILLINOIS ST FIN AUTH REVENUE REGD B/E PREREFUNDED 08/15/26 @ 100 5.00000000       | CUSIP: 45204EQH4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     95000 | PA      | $96679.32     | 0.02%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOVEJOY TX INDEP S 5% 02/15/34 | LOVEJOY TX INDEP SCH DIST REGD N/C B/E PSF-GTD 5.00000000                                | CUSIP: 547160XR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1363547.35   | 0.21%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR E 5% 08/15/48 | ARLINGTON TX HGR EDU FIN CORP REGD B/E PSF-GTD 5.00000000                                | CUSIP: 041807FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044831.80   | 0.16%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY 5% 11/15/29 | DENVER CITY & CNTY CO ARPT REV REGD B/E AMT 5.00000000                                   | CUSIP: 249182KP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $472689.76    | 0.07%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 08/15/30     | CONNECTICUT ST REGD N/C B/E 5.00000000                                                   | CUSIP: 20772KH36<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1275481.10   | 0.20%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE 5.25% 11/01/43 | DOUGLAS CNTY NE HOSP AUTH #3 REGD B/E 5.25000000                                         | CUSIP: 259234DB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $368502.61    | 0.06%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST 5% 02/01/33      | WASHINGTON ST REGD B/E 5.00000000                                                        | CUSIP: 93974D6N3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2141382.20   | 0.33%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC I 4% 07/01/29 | PHOENIX AZ CIVIC IMPT CORP WTR REGD B/E 4.00000000                                       | CUSIP: 71883RNN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5010317.50   | 0.78%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND O 5% 07/01/28 | PORT OF PORTLAND OR ARPT REVEN REGD N/C B/E AMT 5.00000000                               | CUSIP: 735240V83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $315790.08    | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT  5% 07/01/32 | SALT LAKE CITY UT ARPT REVENUE REGD B/E AMT 5.00000000                                   | CUSIP: 795576JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097017.20   | 0.17%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMWLTH FING AUTH P 5% 06/01/28 | CMWLTH FING AUTH PA REGD N/C B/E 5.00000000                                              | CUSIP: 20281PLL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1064350.63   | 0.17%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA 5% 08/01/32    | PHILADELPHIA PA REGD N/C B/E 5.00000000                                                  | CUSIP: 717813C72<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   6795000 | PA      | $7717720.23   | 1.20%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRA ZCP 12/15/27 | NEW JERSEY ST TRANSPRTN TRUST REGD N/C ZCP OID B/E 0.00000000                            | CUSIP: 646136XE6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    870000 | PA      | $818802.33    | 0.13%             | 2027-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HUTTO TX INDEP SCH 5% 08/01/35 | HUTTO TX INDEP SCH DIST REGD N/C B/E PSF-GTD 5.00000000                                  | CUSIP: 4484925Z7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $935013.68    | 0.15%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA WTR & W 5% 11/01/27 | ATLANTA GA WTR & WSTWTR REVENU REGD B/E 5.00000000                                       | CUSIP: 047870MV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30057.79     | 0.00%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA TOWN C 4.5% 09/01/45 | PENINSULA TOWN CENTER VA CMNTY REGD B/E 4.50000000                                       | CUSIP: 70718LAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1581348.67   | 0.25%             | 2045-09-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MASSACHUSETTS ST D 4% 07/15/36 | MASSACHUSETTS ST DEV FIN AGY R REGD B/E 4.00000000                                       | CUSIP: 57584XYC9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1290023.22   | 0.20%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL 6% 01/01/42         | CHICAGO IL REGD B/E 6.00000000                                                           | CUSIP: 167486W47<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1200306.47   | 0.19%             | 2042-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH 4% 07/01/41 | PUERTO RICO CMWLTH REGD OID B/E 4.00000000                                               | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $923481.10    | 0.14%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HLTH 5% 09/15/32 | NEW JERSEY ST HLTH CARE FACS F REGD N/C B/E 5.00000000                                   | CUSIP: 64579XEH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133052.00   | 0.18%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENV 5.25% 06/15/43 | NEW YORK ST ENVRNMNTL FACS COR REGD B/E 5.25000000                                       | CUSIP: 64986DQE8<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1121265.40   | 0.18%             | 2043-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL 5% 09/15/35  | JEFFERSON CNTY AL REGD B/E 5.00000000                                                    | CUSIP: 472628RE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535864.40   | 0.24%             | 2035-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL BRD 5% 03/01/29 | MOBILE CNTY AL BRD OF SCH COMM REGD B/E 5.00000000                                       | CUSIP: 607284TU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175919.22    | 0.03%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOULDER LARIMER &  5% 12/15/38 | BOULDER LARIMER & WELD CNTYS C REGD B/E ST AID 5.00000000                                | CUSIP: 101565M30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $882288.06    | 0.14%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST RESOUR 5% 11/01/29 | VIRGINIA ST RESOURCES AUTH INF REGD N/C B/E 5.00000000                                   | CUSIP: 92818PGQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547267.20    | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AU 4% 02/15/41 | PREREF ILLINOIS ST FIN AUTH REVENUE REGD OID B/E PREREFUNDED 02/15/27 @ 100 4.00000000   | CUSIP: 45204E6G8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20368.99     | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN 4% 01/01/50 | IDAHO ST HSG & FIN ASSN SF MTG REGD B/E GNMA CO 4.00000000                               | CUSIP: 45129YN44<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25123.24     | 0.00%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| YELLOWSTONE CARBON 5% 07/01/42 | YELLOWSTONE CARBON CNTY MT SCH REGD B/E BAM 5.00000000                                   | CUSIP: 985686CJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1499110.00   | 0.23%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY 5% 12/01/34        | NEW YORK NY REGD B/E 5.00000000                                                          | CUSIP: 64966QAN0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3603556.90   | 0.56%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI 5% 06/01/36 | PUBLIC FIN AUTH WI REVENUE REGD B/E 5.00000000                                           | CUSIP: 74442PCR4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500473.40    | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS ST FIN AU 5% 01/01/44 | PREREF ILLINOIS ST FIN AUTH REVENUE REGD B/E PREREFUNDED 01/01/28 @ 100 5.00000000       | CUSIP: 45204EM96<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1367870.66   | 0.21%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM A 5% 07/15/42 | NEW YORK ST DORM AUTH REVENUES REGD B/E 5.00000000                                       | CUSIP: 65000BRH3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013128.90   | 0.16%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT  5.5% 07/15/37 | HOUSTON TX ARPT SYS REVENUE REGD B/E AMT 5.50000000                                      | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $870636.24    | 0.14%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLBY KS HOSP LO 5.5% 07/01/26 | COLBY KS HOSP LOAN ANTICIPATIO REGD B/E 5.50000000                                       | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000384.90   | 0.16%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND O 5% 07/01/32 | PORT OF PORTLAND OR ARPT REVEN REGD B/E AMT 5.00000000                                   | CUSIP: 735240M26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $208598.41    | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL H 5% 01/01/45 | ILLINOIS ST TOLL HIGHWAY AUTH REGD B/E 5.00000000                                        | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555208.55   | 0.24%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LO 6% 01/15/41 | INDIANAPOLIS IN LOCAL PUBLIC I REGD B/E 6.00000000                                       | CUSIP: 45528CAS0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $2163400.79   | 0.34%             | 2041-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AURORA IL 5% 12/30/42          | AURORA IL REGD B/E 5.00000000                                                            | CUSIP: 0516454L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068529.60   | 0.17%             | 2042-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST PUBLIC 5% 01/01/34 | NEBRASKA ST PUBLIC PWR DIST RE REGD B/E 5.00000000                                       | CUSIP: 63968AK38<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125163.14    | 0.02%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OK I 4% 07/01/28 | OKLAHOMA CNTY OK INDEP SCH DIS REGD N/C B/E 4.00000000                                   | CUSIP: 678807RV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032324.10   | 0.16%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOOVER AL INDL  5.75% 10/01/49 | HOOVER AL INDL DEV BRD ENVNMNT REGD B/E AMT 5.75000000                                   | CUSIP: 439241AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520263.50   | 0.24%             | 2049-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HGR EDU 5% 06/01/48 | FLORIDA ST HGR EDUCTNL FACS FI REGD B/E 5.00000000                                       | CUSIP: 34073TKX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1398823.04   | 0.22%             | 2048-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA PUB 6.375% 06/01/59 | CALIFORNIA PUBLIC FIN AUTH SEN REGD OID B/E 6.37500000                                   | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955647.40    | 0.15%             | 2059-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| WISCONSIN ST HLTH  5% 06/01/32 | WISCONSIN ST HLTH & EDUCTNL FA REGD B/E 5.00000000                                       | CUSIP: 97710BW65<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30054.44     | 0.00%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL BRD 5% 03/01/28 | MOBILE CNTY AL BRD OF SCH COMM REGD B/E 5.00000000                                       | CUSIP: 607284TE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $261358.01    | 0.04%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HG 4% 08/15/38 | PENNSYLVANIA ST HGR EDUCTNL FA REGD B/E 4.00000000                                       | CUSIP: 70917TCU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $793089.43    | 0.12%             | 2038-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST 5% 02/01/28        | ILLINOIS ST REGD B/E 5.00000000                                                          | CUSIP: 452152G96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    180000 | PA      | $184132.93    | 0.03%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST 5% 04/15/26     | CONNECTICUT ST REGD N/C B/E 5.00000000                                                   | CUSIP: 20772KFT1<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    375000 | PA      | $378370.20    | 0.06%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AU 5% 01/01/36 | PREREF ILLINOIS ST FIN AUTH REVENUE REGD B/E PREREFUNDED 01/01/27 @ 100 5.00000000       | CUSIP: 45204ERL4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    170000 | PA      | $174626.55    | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST CONV 3% 07/01/48 | WASHINGTON ST CONVENTION CENTE REGD B/E 3.00000000                                       | CUSIP: 93976AET5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $734225.30    | 0.11%             | 2048-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX EL V/R 02/01/49 | SAN ANTONIO TX ELEC & GAS REVE REGD V/R B/E 1.75000000                                   | CUSIP: 79625GBX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.16%             | 2049-02-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| EAGLE MOUNTAIN & S 5% 08/15/30 | EAGLE MOUNTAIN & SAGINAW TX IN REGD N/C B/E PSF-GTD 5.00000000                           | CUSIP: 269696PV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105418.00   | 0.17%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV  4.5% 09/01/49 | ARKANSAS ST DEV FIN AUTH INDL REGD B/E AMT 4.50000000                                    | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968583.00    | 0.15%             | 2049-09-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| GRAND PARKWAY TRAN 5% 10/01/32 | GRAND PARKWAY TRANSPRTN CORP T REGD B/E 5.00000000                                       | CUSIP: 38611TBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $131550.70    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRAN 5% 12/15/28 | NEW JERSEY ST TRANSPRTN TRUST REGD N/C B/E 5.00000000                                    | CUSIP: 6461366E6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1410039.18   | 0.22%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST SCH B 5% 11/01/42 | TENNESSEE ST SCH BOND AUTH REGD B/E ST HGR 5.00000000                                    | CUSIP: 880558MG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047872.60   | 0.16%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SAL 4.75% 07/01/53 | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000                                   | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1500000 | PA      | $1424737.65   | 0.22%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV WTR  4% 07/01/35 | CLARK CNTY NV WTR RECLAMATION REGD B/E 4.00000000                                        | CUSIP: 181070DZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1520759.09   | 0.24%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST M 6.75% 07/01/65 | CALIFORNIA ST MUNI FIN AUTH SE REGD OID B/E 6.75000000                                   | CUSIP: 13057TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1059149.72   | 0.17%             | 2065-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| HARRIS CNTY TX CUL 5% 07/01/39 | HARRIS CNTY TX CULTURAL EDU FA REGD B/E 5.00000000                                       | CUSIP: 414009KJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511538.30   | 0.24%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFIELD CA CMNTY 5% 09/01/54 | FAIRFIELD CA CMNTY FACS DIST S REGD B/E 5.00000000                                       | CUSIP: 304194FP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015333.90   | 0.16%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST 5.5% 08/01/26         | TEXAS ST REGD N/C B/E AMT 5.50000000                                                     | CUSIP: 8827235Z8<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203266.56    | 0.03%             | 2026-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH 4.25% 07/01/54 | PUBLIC FIN AUTH WI SPL FAC REV REGD B/E AMT 4.25000000                                   | CUSIP: 74446DAJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $830833.80    | 0.13%             | 2054-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST 5% 08/01/41   | MASSACHUSETTS ST REGD B/E 5.00000000                                                     | CUSIP: 57582TEX6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1404628.38   | 0.22%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL AR 5% 10/01/32 | BROWARD CNTY FL ARPT SYS REVEN REGD B/E AMT 5.00000000                                   | CUSIP: 114894WD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115122.58    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG  3.7% 04/01/30 | MICHIGAN ST HSG DEV AUTH RENTA REGD B/E HUD SEC 3.70000000                               | CUSIP: 59465PEV6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   4870000 | PA      | $4873646.66   | 0.76%             | 2030-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FL SP 5% 10/01/37 | JACKSONVILLE FL SPL REVENUE REGD B/E 5.00000000                                          | CUSIP: 469487WT5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2886946.22   | 0.45%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC INC NY 5% 06/01/48       | TSASC INC NY REGD B/E 5.00000000                                                         | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1319469.45   | 0.21%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA NY AREA 4.75% 11/01/42 | NIAGARA NY AREA DEV CORP SOLID REGD B/E AMT 4.75000000                                   | CUSIP: 653542AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1344426.00   | 0.21%             | 2042-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TRUST  6.375% 05/01/53 | CAPITAL TRUST AGY FL EDUCTNL F REGD B/E 6.37500000                                       | CUSIP: 14054CFL8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507662.45    | 0.08%             | 2053-05-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TRUST A 5.25% 07/01/55 | CAPITAL TRUST AUTH FL EDUCTNL REGD OID B/E 5.25000000                                    | CUSIP: 14054WBW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1162293.60   | 0.18%             | 2055-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA ST 5% 08/01/32      | CALIFORNIA ST REGD N/C B/E 5.00000000                                                    | CUSIP: 13063ENR3<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3857546.14   | 0.60%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST ST 5% 12/01/26 | RHODE ISLAND ST STUDENT LOAN A REGD N/C B/E AMT 5.00000000                               | CUSIP: 762315RE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1143292.16   | 0.18%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST DEV  5.5% 05/01/41 | MISSOURI ST DEV FIN BRD REGD B/E 5.50000000                                              | CUSIP: 60636VCY1<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2277496.62   | 0.36%             | 2041-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATUR V/R 09/01/53 | MAIN STREET NATURAL GAS INC GA REGD V/R B/E 5.00000000                                   | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1600686.90   | 0.25%             | 2053-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST PUBLIC 5% 01/01/36 | NEBRASKA ST PUBLIC PWR DIST RE REGD B/E 5.00000000                                       | CUSIP: 63968AK46<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155170.70    | 0.02%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HL 5% 05/15/42 | RHODE ISLAND ST HLTH & EDUCTNL REGD B/E ST AID 5.00000000                                | CUSIP: 7621964D2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073289.40   | 0.17%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSP 5% 12/01/36 | NEW YORK ST TRANSPRTN DEV CORP REGD B/E AMT 5.00000000                                   | CUSIP: 650116FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2143390.40   | 0.33%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR RAPIDS IA 5% 06/01/40    | CEDAR RAPIDS IA REGD B/E 5.00000000                                                      | CUSIP: 1505282L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077190.90   | 0.17%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL IND 5% 06/01/54 | MOBILE CNTY AL INDL DEV AUTH S REGD B/E AMT 5.00000000                                   | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1454270.85   | 0.23%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSP 6% 06/30/50 | NEW YORK ST TRANSPRTN DEV CORP REGD B/E AMT 6.00000000                                   | CUSIP: 650116JN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1698918.86   | 0.27%             | 2050-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSW 4% 07/01/36 | CENTRL FL EXPRESSWAY AUTH SR L REGD B/E 4.00000000                                       | CUSIP: 153476BW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002979.90   | 0.16%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HLTH  7.125% 11/01/57 | IDAHO ST HLTH FACS AUTH REVENU REGD OID B/E 7.12500000                                   | CUSIP: 451295D97<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071418.50   | 0.17%             | 2057-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MONTANA ST BRD OF  4% 06/01/50 | MONTANA ST BRD OF HSG SF MTGE REGD B/E 4.00000000                                        | CUSIP: 61212WGR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15090.03     | 0.00%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL 5% 02/01/29 | MIAMI-DADE CNTY FL SCH BRD COP REGD B/E 5.00000000                                       | CUSIP: 59333MU78<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115371.99    | 0.02%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSP 5% 12/01/37 | NEW YORK ST TRANSPRTN DEV CORP REGD B/E AMT 5.00000000                                   | CUSIP: 650116FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2661226.25   | 0.42%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAUXMONT MET DIST  5% 12/15/27 | VAUXMONT MET DIST CO REGD B/E AG 5.00000000                                              | CUSIP: 92242SAG8<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    125000 | PA      | $127611.71    | 0.02%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PUBLIC FI 5% 02/01/28 | TEXAS ST PUBLIC FIN AUTH LEASE REGD N/C B/E 5.00000000                                   | CUSIP: 882669BC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $631005.66    | 0.10%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX P 5% 07/01/36 | UNIV OF TEXAS TX PERMANENT UNI REGD N/C B/E 5.00000000                                   | CUSIP: 915130BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3592274.02   | 0.56%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERT 5% 11/15/44 | NEW YORK ST LIBERTY DEV CORP L REGD B/E 5.00000000                                       | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999997.40    | 0.16%             | 2044-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS ST 5% 07/01/32        | ILLINOIS ST REGD N/C B/E 5.00000000                                                      | CUSIP: 452153GH6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1675479.60   | 0.26%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST  5% 01/01/34 | NORTH CAROLINA ST TURNPIKE AUT REGD N/C B/E 5.00000000                                   | CUSIP: 65830WBF4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $2011138.34   | 0.31%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH 6.25% 09/01/46 | PUBLIC FIN AUTH WI SPL FAC REV REGD OID B/E AMT 6.25000000                               | CUSIP: 74446DAM0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258959.30    | 0.04%             | 2046-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CREEK CNTY OK EDUC 5% 09/01/39 | CREEK CNTY OK EDUCTNL FACS AUT REGD B/E BAM 5.00000000                                   | CUSIP: 225472BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $882938.40    | 0.14%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY  4% 06/15/29 | CAPITAL TRUST AGY FL EDUCTNL F REGD B/E 4.00000000                                       | CUSIP: 14054CBT5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245104.05    | 0.04%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| INDIANAPOLIS IN 5.25% 01/01/36 | INDIANAPOLIS IN LOCAL PUBLIC I REGD B/E AMT 5.25000000                                   | CUSIP: 45528U5D9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    550000 | PA      | $606192.73    | 0.09%             | 2036-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE T 5.25% 07/01/33 | MET NASHVILLE TN ARPT AUTH ARP REGD B/E AMT 5.25000000                                   | CUSIP: 592190QN5<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1263122.55   | 0.20%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAINE ST HSG AU 3.15% 11/15/39 | MAINE ST HSG AUTH MTGE PURCHAS REGD B/E 3.15000000                                       | CUSIP: 56052FPE9<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2307995.25   | 0.36%             | 2039-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GRUNDY & WILL CNTY 5% 02/01/29 | PREREF GRUNDY & WILL CNTYS IL CMNTY U REGD B/Q B/E PREREFUNDED 02/01/27 @ 100 5.00000000 | CUSIP: 400208HN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5131.88      | 0.00%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA WTR & W 5% 11/01/29 | ATLANTA GA WTR & WSTWTR REVENU REGD B/E 5.00000000                                       | CUSIP: 047870MX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70136.14     | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Brinker Capital Destinations Trust

**Signature:** Brian Ferko

**Name of Signer:** Brian Ferko

**Title:** Chief Operating Officer and Chief Compliance Officer