# EDGAR Filing Document

**Accession Number:** 0001504079
**File Stem:** 0001145549-23-011417
**Filing Date:** 2023-2
**Character Count:** 123945
**Document Hash:** b973b70ec0673b1e12be8d24d0682d61
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-011417.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001145549-23-011417

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GPS Funds II
- **CENTRAL INDEX KEY:** 0001504079
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22486
- **FILM NUMBER:** 23674333

**BUSINESS ADDRESS:**
- **STREET 1:** 1655 GRANT STREET
- **STREET 2:** 10TH FLOOR
- **CITY:** CONCORD
- **STATE:** CA
- **ZIP:** 94520
- **BUSINESS PHONE:** 800-664-5345

**MAIL ADDRESS:**
- **STREET 1:** 1655 GRANT STREET
- **STREET 2:** 10TH FLOOR
- **CITY:** CONCORD
- **STATE:** CA
- **ZIP:** 94520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AssetMark Funds II
- **DATE OF NAME CHANGE:** 20101021

## Series and Classes Contracts Data

### GuidePath(R) Managed Futures Strategy Fund (Series ID: S000052240)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000164318 | Service Shares       | GPMFX           |
| C000164319 | Institutional Shares | GIFMX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **GuidePath<sup>®</sup> Managed Futures Strategy Fund** | **GuidePath<sup>®</sup> Managed Futures Strategy Fund** | |
| **Consolidated Schedule of Investments (Unaudited)** | **Consolidated Schedule of Investments (Unaudited)** | |
| **December 31, 2022** | **December 31, 2022** | |
| **Principal Amounts** |  | **Value** |
| | **SHORT TERM INVESTMENTS - 95.23%** | |
| | **Certificate of Deposit - 50.32%** | |
|  | Bank of America NA |  |
| $8000000 | &nbsp;&nbsp;&nbsp; 3.250%, 01/13/2023 | $8000000 |
| 8000000 | &nbsp;&nbsp;&nbsp; 5.050%, 04/12/2023 | 8011710 |
|  | Bank of Montreal |  |
| 7000000 | &nbsp;&nbsp;&nbsp; 3.600%, 06/23/2023 | 6952353 |
| 5000000 | &nbsp;&nbsp;&nbsp; 5.000%, 10/06/2023 | 4986222 |
|  | Bank of Nova Scotia |  |
| 4000000 | &nbsp;&nbsp;&nbsp; 2.970%, 08/16/2023 | 4005417 |
| 10000000 | &nbsp;&nbsp;&nbsp; 5.000%, 08/17/2023 | 10014664 |
|  | CIBC |  |
| 6000000 | &nbsp;&nbsp;&nbsp; 3.590%, 06/26/2023 | 5956539 |
| 5000000 | &nbsp;&nbsp;&nbsp; 5.200%, 09/21/2023 | 4997951 |
|  | Commonwealth Bank of Australia |  |
| 14000000 | &nbsp;&nbsp;&nbsp; 3.400%, 04/20/2023 | 14000464 |
| 6500000 | &nbsp;&nbsp;&nbsp; 4.49%, 06/05/2023 | 6508890 |
|  | Cooperatieve Centrale Raiffe |  |
| 5000000 | &nbsp;&nbsp;&nbsp; 3.350%, 02/13/2023 | 5000000 |
| 10000000 | &nbsp;&nbsp;&nbsp; 5.010% (SOFR + 0.710%), 11/24/2023 | 10019212 |
|  | Mitsubishi Trust & Banking Corp. |  |
| 10000000 | &nbsp;&nbsp;&nbsp; 4.520%, 04/21/2023 | 9991418 |
| 7000000 | &nbsp;&nbsp;&nbsp; 4.520%, 04/21/2023 | 6994005 |
| 3000000 | &nbsp;&nbsp;&nbsp; 5.280%, 05/17/2023 | 3003725 |
|  | Mizuho Bank, Ltd. |  |
| 7000000 | &nbsp;&nbsp;&nbsp; 4.600% (SOFR + 0.300%), 01/20/2023 | 7000000 |
| 3000000 | &nbsp;&nbsp;&nbsp; 4.350%, 02/01/2023 | 3000026 |
| 10000000 | &nbsp;&nbsp;&nbsp; 5.000%, 04/28/2023 | 10005454 |
|  | Royal Bank of Canada |  |
| 7000000 | &nbsp;&nbsp;&nbsp; 3.890%, 05/08/2023 | 6975818 |
| 3000000 | &nbsp;&nbsp;&nbsp; 3.000%, 06/05/2023 | 2974215 |
|  | Sumitomo Mitsui Banking Corp. |  |
| 7000000 | &nbsp;&nbsp;&nbsp; 4.800% (SOFR + 0.500%), 02/23/2023 | 7000000 |
| 10000000 | &nbsp;&nbsp;&nbsp; 4.700% (SOFR + 0.400%), 03/16/2023 | 10000757 |
|  | Sumitomo Mitsui Trust Bank, Ltd. |  |
| 10000000 | &nbsp;&nbsp;&nbsp; 4.270%, 01/04/2023 | 10000000 |
| 5000000 | &nbsp;&nbsp;&nbsp; 4.790%, 02/24/2023 | 5000074 |
|  | Svenska HandelBanken - A Shares |  |
| 7000000 | &nbsp;&nbsp;&nbsp; 4.080%, 02/06/2023 | 7000069 |
| 2000000 | &nbsp;&nbsp;&nbsp; 3.460%, 06/13/2023 | 1986246 |
|  | Toronto Dominion Bank |  |
| 3000000 | &nbsp;&nbsp;&nbsp; 4.020%, 08/22/2023 | 2976030 |
| 15000000 | &nbsp;&nbsp;&nbsp; 5.320%, 09/27/2023 | 15002350 |
| 10000000 | Nordea Bank |  |
|  | &nbsp;&nbsp;&nbsp; 5.070%, 10/23/2023 | 10019607 |
| 20000000 | Oversea-Chinese Banking Corp., Ltd. |  |
|  | &nbsp;&nbsp;&nbsp; 4.620% (SOFR + 0.320%), 02/23/2023 | 20000000 |
| 8000000 | Svenska Handelsbanken - A Shares |  |
|  | &nbsp;&nbsp;&nbsp; 5.090% (SOFR + 0.790%), 10/25/2023 | 8009725 |
| 10000000 | Westpac Banking Corp. |  |
|  | &nbsp;&nbsp;&nbsp; 4.600%, 04/11/2023 | 10000126 |
|  |  | 245393067 |
| **Number of Shares** |  |  |
|  | **Money Market Funds - 2.90%** |  |
| 14127927 | DWS Government Money Market Series - Institutional Shares |  |
|  | &nbsp;&nbsp;&nbsp; Effective Yield, 4.220% (a)(b) | 14127927 |
| **Principal Amounts** |  |  |
|  | **United States Treasury Bill - 42.01%** |  |
| $15000000 | &nbsp;&nbsp;&nbsp; 3.419%, 01/03/2023 (c) | 14997205 |
| 6000000 | &nbsp;&nbsp;&nbsp; 3.911%, 01/10/2023 (c) | 5994248 |
| 18000000 | &nbsp;&nbsp;&nbsp; 3.928%, 01/12/2023 (b)(c)(d) | 17978829 |
| 5000000 | &nbsp;&nbsp;&nbsp; 4.114%, 01/24/2023 (c) | 4987117 |
| 10000000 | &nbsp;&nbsp;&nbsp; 3.703%, 01/26/2023 (c) | 9974722 |
| 10000000 | &nbsp;&nbsp;&nbsp; 3.990%, 02/07/2023 (c) | 9959788 |
| 15000000 | &nbsp;&nbsp;&nbsp; 3.882%, 02/09/2023 (b)(c)(d) | 14938201 |
| 17500000 | &nbsp;&nbsp;&nbsp; 3.994%, 02/14/2023 (c) | 17416156 |
| 22000000 | &nbsp;&nbsp;&nbsp; 4.070%, 02/21/2023 (c) | 21875645 |
| 17500000 | &nbsp;&nbsp;&nbsp; 4.080%, 02/23/2023 (c) | 17396944 |
| 12000000 | &nbsp;&nbsp;&nbsp; 4.311%, 03/09/2023 (c)(d) | 11908171 |
| 15000000 | &nbsp;&nbsp;&nbsp; 4.162%, 03/16/2023 (c) | 14875756 |
| 14000000 | &nbsp;&nbsp;&nbsp; 4.232%, 03/23/2023 (c) | 13869849 |
| 15000000 | &nbsp;&nbsp;&nbsp; 3.876%, 03/30/2023 (c) | 14846521 |
| 14000000 | &nbsp;&nbsp;&nbsp; 4.331%, 04/04/2023 (c) | 13849096 |
|  |  | 204868248 |
|  | **Total Short Term Investments (Cost $464,510,038)** | 464389242 |
|  | **Total Investments (Cost $464,510,038) - 95.23%** | **464389242** |
|  | **Other assets in excess of liabilities - 4.77%** | **23253022** |
|  | **TOTAL NET ASSETS - 100.00%** | $**487642264** |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |
| (a) | Seven-day yield as of December 31, 2022. |  |
| (b) | All or a portion of this security is held by GuidePath<sup>®</sup> Managed Futures Strategy Cayman Fund Ltd. |  |
| (c) | Zero coupon bond. The effective yield is listed. |  |
| (d) | All or a portion of this security is held as collateral for certain futures contracts. The approximate value of the portion of these securities held as collateral is $38,832,258. |  |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | |
| **Consolidated Schedule of Open Futures Contracts (Unaudited)** | **Consolidated Schedule of Open Futures Contracts (Unaudited)** | **Consolidated Schedule of Open Futures Contracts (Unaudited)** | **Consolidated Schedule of Open Futures Contracts (Unaudited)** | **Consolidated Schedule of Open Futures Contracts (Unaudited)** | **Consolidated Schedule of Open Futures Contracts (Unaudited)** | |
| **December 31, 2022** | **December 31, 2022** | | | | | |
| | **Description** | **Number of Contracts Purchased / (Sold)** | **Long/Short** | **Notional Value** | **Settlement Month** | **Value /Unrealized** <br> **Appreciation (Depreciation)** |
|  | 90-Day Bank Bill Futures | 41 | Long | $27668552 | Mar-23 | $(9523) |
|  | Amsterdam IDX Futures | 32 | Long | 4724692 | Jan-23 | (249098) |
|  | Brazilian Real Futures | 103 | Long | 1920435 | Jan-23 | (59229) |
|  | CAC40 Index Futures | 111 | Long | 7688217 | Jan-23 | (237223) |
|  | DAX® Index Futures | 17 | Long | 6363695 | Mar-23 | (202027) |
|  | DJIA E-Mini CBOT Futures | 40 | Long | 6657000 | Mar-23 | (133139) |
|  | ECX Emissions Futures (a) | 27 | Long | 2426905 | Dec-23 | (213077) |
|  | E-mini S&P Mid Cap 400 Futures | 5 | Long | 1221300 | Mar-23 | (35881) |
|  | Euro Fx Futures | 80 | Long | 10754000 | Mar-23 | 51149 |
|  | Euro Stoxx 50<sup>®</sup> Index Futures | 272 | Long | 11020456 | Mar-23 | (467911) |
|  | Euro Stoxx 600 Futures | 143 | Long | 3245930 | Mar-23 | (101495) |
|  | FTSE 100 Index Futures | 170 | Long | 15344311 | Mar-23 | (4326) |
|  | FTSE JSE Top 40 Futures | 76 | Long | 3029041 | Mar-23 | (78604) |
|  | FTSE MIB Index Futures | 76 | Long | 9643691 | Mar-23 | (236847) |
|  | FTSE Taiwan Index Futures | 22 | Long | 1092740 | Jan-23 | (17977) |
|  | Gold 100 Oz. Futures (a) | 23 | Long | 4200260 | Feb-23 | 20533 |
|  | IBEX 35® Index Futures | 86 | Long | 7543538 | Jan-23 | (18635) |
|  | Live Cattle Futures (a) | 278 | Long | 17558480 | Feb-23 | 234731 |
|  | LME Aluminium Futures (a)(b) | 23 | Long | 1363906 | Mar-23 | (1471) |
|  | LME Copper Futures (a)(b) | 7 | Long | 1465713 | Mar-23 | 18706 |
|  | LME Nickel Futures (a)(b) | 18 | Long | 3244860 | Mar-23 | 135201 |
|  | LME Zinc Futures (a)(b) | 12 | Long | 892950 | Mar-23 | (81158) |
|  | Low Sulphur Gas Oil Futures (a) | 26 | Long | 2355600 | Feb-23 | 43348 |
|  | Mexican Peso Futures | 1549 | Long | 39205190 | Mar-23 | 440664 |
|  | MSCI EAFE Index Futures | 26 | Long | 2534220 | Mar-23 | (84089) |
|  | New Zealand Dollar Futures | 317 | Long | 20110480 | Mar-23 | (407274) |
|  | NY Harbor ULSD Futures (a) | 22 | Long | 3044580 | Jan-23 | 111889 |
|  | OMXS30 Futures | 340 | Long | 6653474 | Jan-23 | (259131) |
|  | Platinum Futures (a) | 83 | Long | 4494035 | Apr-23 | 296562 |
|  | RBOB Gasoline Futures (a) | 19 | Long | 1977683 | Jan-23 | 88752 |
|  | S&P/TSX 60 Index Futures | 18 | Long | 3110517 | Mar-23 | (107283) |
|  | SGX Iron Ore 62% Futures (a) | 163 | Long | 1892756 | Feb-23 | 113609 |
|  | Silver Futures (a) | 159 | Long | 19111800 | Mar-23 | 366501 |
|  | Soybean Futures (a) | 157 | Long | 11963400 | Mar-23 | 435517 |
|  | Soybean Meal Futures (a) | 381 | Long | 17945100 | Mar-23 | 1343179 |
|  | Soybean Oil Futures (a) | 79 | Long | 3036918 | Mar-23 | (280676) |
|  | SPI 200 Index Futures | 148 | Long | 17613889 | Mar-23 | (449736) |
|  | Sugar No. 11 Futures (a) | 747 | Long | 16766266 | Feb-23 | (85733) |
|  | Swiss Franc Futures | 154 | Long | 20986350 | Mar-23 | (11531) |
|  | Topix Index Futures | 22 | Long | 3170756 | Mar-23 | (89540) |
|  | 3 Month SOFR Futures | (1586) | Short | (376833600) | Sep-23 | 771732 |
|  | Australian 10-Year Treasury Bond Futures | (282) | Short | (22210838) | Mar-23 | 102339 |
|  | Australian 3-Year Treasury Bond Futures | (473) | Short | (34393072) | Mar-23 | 36756 |
|  | Australian Dollar Futures | (329) | Short | (22465765) | Mar-23 | (223059) |
|  | Bank Accept Futures | (339) | Short | (59443925) | Mar-23 | 152541 |
|  | Brent Crude Futures (a) | (17) | Short | (1460470) | Jan-23 | (137521) |
|  | British Pound Futures | (64) | Short | (4833600) | Mar-23 | (6705) |
|  | Canadian 10-Year Bond Futures | (42) | Short | (3801403) | Mar-23 | (6478) |
|  | Canadian Dollar Futures | (656) | Short | (48491520) | Mar-23 | (8185) |
|  | Coffee 'C' Futures (a) | (171) | Short | (10728113) | Mar-23 | (297320) |
|  | Corn Futures (a) | (41) | Short | (1390925) | Mar-23 | (68819) |
|  | Cotton No. 2 Futures (a) | (92) | Short | (3835020) | Mar-23 | (140682) |
|  | E-mini NASDAQ 100 Futures | (57) | Short | (12565365) | Mar-23 | 484239 |
|  | E-mini Russell 2000 Futures | (72) | Short | (6375240) | Mar-23 | 52267 |
|  | E-mini S&P 500 Futures | (26) | Short | (5019300) | Mar-23 | 50139 |
|  | Euribor 3 Month Futures | (2388) | Short | (619820700) | Mar-23 | 370454 |
|  | Euro-Bobl Futures | (847) | Short | (104946799) | Mar-23 | 1905084 |
|  | Euro-BTP Futures | (110) | Short | (12825228) | Mar-23 | 430532 |
|  | Euro-BTP Futures - Short | (346) | Short | (38930046) | Mar-23 | 125251 |
|  | Euro-Bund Futures | (336) | Short | (47810916) | Mar-23 | 1579974 |
|  | Euro-Buxl® 30 Year Futures | (86) | Short | (12449973) | Mar-23 | 805047 |
|  | Euro-OAT Futures | (419) | Short | (57096201) | Mar-23 | 2157592 |
|  | Euro-Schatz Futures | (3204) | Short | (361559940) | Mar-23 | 3355470 |
|  | FTSE China A50 Index Futures | (296) | Short | (3872864) | Jan-23 | (36515) |
|  | ICE 3 Month Sonia Futures | (336) | Short | (97185551) | Jun-23 | (831085) |
|  | Indian Rupee Futures | (315) | Short | (7604100) | Jan-23 | (9321) |
|  | Japanese Yen Futures | (239) | Short | (23024663) | Mar-23 | (1071446) |
|  | KC HRW Wheat Future (a) | (20) | Short | (888000) | Mar-23 | (41284) |
|  | Lean Hogs Futures (a) | (16) | Short | (561280) | Feb-23 | (34207) |
|  | LME Aluminium Futures (a)(b) | (69) | Short | (4091717) | Mar-23 | (60734) |
|  | LME Copper Futures (a)(b) | (7) | Short | (1465713) | Mar-23 | (153793) |
|  | LME Zinc Futures (a)(b) | (19) | Short | (1413838) | Mar-23 | (30822) |
|  | Long Gilt Futures | (178) | Short | (21497896) | Mar-23 | 575479 |
|  | MSCI Emerging Markets Index Futures | (140) | Short | (6715800) | Mar-23 | 188808 |
|  | MSCI Singapore Index Futures | (17) | Short | (368773) | Jan-23 | 1652 |
|  | Natural Gas Futures (a) | (134) | Short | (5996500) | Jan-23 | 575049 |
|  | Nikkei 225 Futures | (54) | Short | (10730875) | Mar-23 | 52016 |
|  | Palladium Futures (a) | (7) | Short | (1258600) | Mar-23 | (29578) |
|  | South African Rand Futures | (261) | Short | (7627725) | Mar-23 | (298267) |
|  | U.S. Treasury 10-Year Note Futures | (392) | Short | (44020375) | Mar-23 | 102282 |
|  | U.S. Treasury 2-Year Note Futures | (1154) | Short | (236660157) | Mar-23 | (193296) |
|  | U.S. Treasury 5-Year Note Futures | (630) | Short | (67995703) | Mar-23 | 125036 |
|  | U.S. Treasury Long Bond Futures | (144) | Short | (18049500) | Mar-23 | 83599 |
|  | U.S. Treasury Ultra Bond Futures | (115) | Short | (15445938) | Mar-23 | 45359 |
|  | U.S. Ultra 10 Year Future | (197) | Short | (23301406) | Mar-23 | 30872 |
|  | Wheat Futures (a) | (162) | Short | (6415200) | Mar-23 | (370272) |
|  | WTI Crude Futures (a) | (73) | Short | (5858980) | Jan-23 | (614311) |
|  |  |  |  |  |  | $9273596 |
| (a) | All or a portion of this security is held by GuidePath<sup>®</sup> Managed Futures Strategy Cayman Fund Ltd. | All or a portion of this security is held by GuidePath<sup>®</sup> Managed Futures Strategy Cayman Fund Ltd. | All or a portion of this security is held by GuidePath<sup>®</sup> Managed Futures Strategy Cayman Fund Ltd. | All or a portion of this security is held by GuidePath<sup>®</sup> Managed Futures Strategy Cayman Fund Ltd. |  |  |
| (b) | London Metal Exchange ("LME") futures contracts settle on their respective maturity date, and do not have daily cash movements like other futures contracts. The unrealized appreciation on these contracts is a receivable for unsettled open futures contracts and the unrealized depreciation is a payable for unsettled open futures contracts on the Fund's consolidated statement of assets and liabilities. | London Metal Exchange ("LME") futures contracts settle on their respective maturity date, and do not have daily cash movements like other futures contracts. The unrealized appreciation on these contracts is a receivable for unsettled open futures contracts and the unrealized depreciation is a payable for unsettled open futures contracts on the Fund's consolidated statement of assets and liabilities. | London Metal Exchange ("LME") futures contracts settle on their respective maturity date, and do not have daily cash movements like other futures contracts. The unrealized appreciation on these contracts is a receivable for unsettled open futures contracts and the unrealized depreciation is a payable for unsettled open futures contracts on the Fund's consolidated statement of assets and liabilities. | London Metal Exchange ("LME") futures contracts settle on their respective maturity date, and do not have daily cash movements like other futures contracts. The unrealized appreciation on these contracts is a receivable for unsettled open futures contracts and the unrealized depreciation is a payable for unsettled open futures contracts on the Fund's consolidated statement of assets and liabilities. |  |  |
| **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** | **GuidePath Managed Futures Strategy Fund** |  |
| **Consolidated Schedule of Open Forward Currency Contracts (Unaudited)** | **Consolidated Schedule of Open Forward Currency Contracts (Unaudited)** | **Consolidated Schedule of Open Forward Currency Contracts (Unaudited)** | **Consolidated Schedule of Open Forward Currency Contracts (Unaudited)** | **Consolidated Schedule of Open Forward Currency Contracts (Unaudited)** | **Consolidated Schedule of Open Forward Currency Contracts (Unaudited)** |  |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** | **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |  |
| **Forward** |  |  | **Amount of** |  | **Amount of** | **Unrealized** |
| **Expiration** |  | **Currency to be** | **Currency to** | **Currency to be** | **Currency to** | **Appreciation** |
| **Date** | **Counterparty** | **received** | **be received** | **delivered** | **be delivered** | (Depreciation) |
| 3/15/2023 | UBS AG | Chinese Yuan Renminbi | 34000000 | U.S. Dollar | 4906950 | $34677 |
| 3/15/2023 | UBS AG | Chinese Yuan Renminbi | 9000000 | U.S. Dollar | 1303729 | 4349 |
| 3/15/2023 | UBS AG | Chinese Yuan Renminbi | 11000000 | U.S. Dollar | 1590445 | 8317 |
| 3/15/2023 | UBS AG | New Turkish Lira | 23100000 | U.S. Dollar | 1187905 | (21111) |
| 3/15/2023 | UBS AG | Norwegian Krone | 8000000 | U.S. Dollar | 813752 | 5523 |
| 3/15/2023 | UBS AG | Norwegian Krone | 6000000 | U.S. Dollar | 615775 | (1319) |
| 3/15/2023 | UBS AG | Norwegian Krone | 10000000 | U.S. Dollar | 1021583 | 2512 |
| 3/15/2023 | UBS AG | Polish Zloty | 6000000 | U.S. Dollar | 1351751 | 8937 |
| 3/15/2023 | UBS AG | Polish Zloty | 38500000 | U.S. Dollar | 8717246 | 13832 |
| 3/15/2023 | UBS AG | Polish Zloty | 39000000 | U.S. Dollar | 8676343 | 168126 |
| 3/15/2023 | UBS AG | Singapore Dollar | 21625000 | U.S. Dollar | 16086788 | 78336 |
| 3/15/2023 | UBS AG | Singapore Dollar | 100375000 | U.S. Dollar | 74307831 | 721631 |
| 3/15/2023 | UBS AG | Swedish Krona | 6000000 | U.S. Dollar | 579043 | (1559) |
| 3/15/2023 | UBS AG | Swedish Krona | 14000000 | U.S. Dollar | 1369652 | (22189) |
| 3/15/2023 | UBS AG | U.S. Dollar | 23045059 | Chinese Yuan Renminbi | 160000001 | (209657) |
| 3/15/2023 | UBS AG | U.S. Dollar | 10326624 | Norwegian Krone | 102000000 | (119136) |
| 3/15/2023 | UBS AG | U.S. Dollar | 13837813 | Swedish Krona | 142000000 | 170689 |
|  |  |  |  |  |  | $841958 |

---

## Nport-Ex

---

| |
|:---|
| The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS is a service mark of MSCI and S&P and has been licesned for use by U.S. Bank Global Fund Services. |
| **Security Valuation** |
| The Funds have adopted authoritative fair valuation accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion in changes in valuation techniques and related inputs, if any, during the period. In addition, these standards require expanded disclosure for each major category of assets. These inputs are summarized in the three broad levels listed below: |
| Level 1 - Quoted prices in active markets for identical securities. |
| Level 2 - Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). |
| Level 3 - Significant unobservable inputs (including the Funds' own assumptions in determining the fair value of investments). |
| During the period, certain securities and other instruments held by the Funds were categorized as Level 2 or Level 3 based upon the inputs and methodologies used to determine the fair value of the security or instrument. Descriptions of the inputs and valuation methodologies used to determine the fair values of each class of investments within Level 2 and Level 3 are set forth below. |
| <u>Level 2 Investments.</u> The Funds' investments that were categorized as Level 2 include: (1) certain fixed income securities, including asset-backed securities, collateralized mortgage obligations, corporate obligations, U.S. and foreign government obligations, mortgage-backed securities and municipal bonds; (2) certain foreign common stocks, preferred stocks, participatory notes, and real estate investment trusts; and (3) certain over-the-counter derivative instruments, including forward currency contracts, written options, and swaps. |
| Fixed income securities are normally valued by pricing vendors that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The service providers' internal models typically use inputs that are observable such as institutional-sized trading in similar groups of securities, yield, credit quality, coupon rate, maturity, type of issue, trading characteristics and other market data. |
| Certain common stocks that trade on foreign exchanges are subject to valuation adjustments. These valuation adjustments are applied to the foreign exchange-traded common stocks to account for the market movement between the close of the foreign market in which the security is traded and the close of the New York Stock Exchange. These securities are valued using pricing vendors that consider the correlation patterns of price movements of the foreign security to the intraday trading in the U.S. markets. |
| Forward currency contracts and swaps derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued using pricing vendors. Depending upon the instrument, its value may be provided by a pricing vendor using a series of techniques, including pricing models. The pricing models typically use inputs that are observed from active markets such as indices, spreads, interest rates, curves, dividends and exchange rates. |
| <u>Level 3 Investments.</u> The Funds' investments that were categorized as Level 3 include: fair valued securities. |
| Fair valued securities are normally valued by pricing vendors using relevant observable inputs, as described above. In certain circumstances, the types of observable inputs that are typically used by a pricing service may be unavailable or deemed by the pricing service to be unreliable. In these instances, the pricing vendor may value the security based upon significant unobservable inputs, or the pricing vendor may not provide a value for the security. To the extent that a pricing vendor does not provide a value for a particular security, or the pricing vendor provides a value that the Valuation Committee does not believe accurately reflects the value of the security, the security will be valued by the Valuation Committee based upon the information available to the Committee at the time of valuation and in accordance with procedures adopted by the Board. These methodologies may require subjective judgments and determinations about the value of a particular security. When significant unobservable inputs are used to value a security, the security is categorized as Level 3. |
| To verify Level 3 unobservable inputs, the Valuation Committee uses a variety of techniques as appropriate to substantiate these valuation approaches including a regular review of key inputs and assumptions, transaction back-testing or disposition analysis and review of related market activity. |
| The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. |
| The following is a summary of the inputs used to value the Funds' net assets as of December 31, 2022: |

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| | | | | |
|:---|:---|:---|:---|:---|
| **GuideMark<sup>®</sup> Large Cap Core Fund** | | | | |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Common Stocks** | $**471028200** | $**-** | $**70957** | $**471099157** |
| **Investment Companies** | **11185612** | **-** | **-** | **11185612** |
| **Real Estate Investment Trusts** | **5550898** | **-** | **-** | **5550898** |
| **Short Term Investments** | **60815** | **-** | **-** | **60815** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **60957881** |
| **Total Investments in Securities** | $**487825525** | $**-** | $**70957** | $**548854363** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. |  |
| **Description** |  |  |  | **Common Stocks** |
| Balance as of April 1, 2022 |  |  |  | $140204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchases |  |  |  | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Sales proceeds and paydowns |  |  |  | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Accreted discounts, net |  |  |  | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Actions |  |  |  | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Realized gain (loss) |  |  |  | - |
| Change in unrealized appreciation (depreciation) | Change in unrealized appreciation (depreciation) |  |  | (69247) |
| &nbsp;&nbsp;&nbsp;&nbsp; Transfers into/(out of) Level 3 |  |  |  | - |
| **Balance as of December 31, 2022** |  |  |  | $**70957** |
| Change in unrealized appreciation (depreciation) during the | Change in unrealized appreciation (depreciation) during the |  |  |  |
| period for Level 3 investments held at December 31, 2022. | period for Level 3 investments held at December 31, 2022. |  |  | $**(69247)** |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuideMark<sup>®</sup> Emerging Markets Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Common Stocks** |  |  |  |  |
| Communication Services | $217335 | $3535838 | $- | $3753173 |
| Consumer Discretionary | 725739 | 5044213 | 8242 | 5778194 |
| Consumer Staples | 592544 | 3467573 | 0 | 4060117 |
| Energy | 54255 | 2846162 | 0 | 2900417 |
| Financials | 520153 | 8076753 | 0 | 8596906 |
| Health Care | 111686 | 1921630 | - | 2033316 |
| Industrials | - | 2901127 | - | 2901127 |
| Information Technology | 63359 | 8377738 | 0 | 8441097 |
| Materials | 305344 | 3178745 | 0 | 3484089 |
| Real Estate | - | 518328 | 22761 | 541089 |
| Utilities | 65249 | 944987 | - | 1010236 |
| **Total Common Stocks** | **2655664** | **40813094** | **31003** | **43499761** |
| **Investment Companies** | **1797094** | **-** | **-** | **1797094** |
| **Preferred Stocks** | **-** | **1154691** | **-** | **1154691** |
| **Rights** | **-** | **-** | **0** | **0** |
| **Short Term Investments** | **944** | **-** | **-** | **944** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **2102029** |
| **Total Investments in Securities** | $**4453702** | $**41967785** | $**31003** | $**48554519** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |

---

---

| | | |
|:---|:---|:---|
| Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. |
| **Description** | **Common Stocks** | **Right** |
| Balance as of April 1, 2022 | $- | $- |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchases | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Sales proceeds and paydowns | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Accreted discounts, net | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Actions | 7557 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; Realized gain (loss) | 684 | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in unrealized appreciation (depreciation) | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Transfers into/(out of) Level 3 | 22762<br> \* | - |
| **Balance as of December 31, 2022** | $**31003** | $**0** |
| Change in unrealized appreciation (depreciation) during the |  |  |
| period for Level 3 investments held at December 31, 2022. | $**(42450)** | $**-** |
| \*Two common stocks transferred from Level 2 to Level 3 due to a lack of observable market data. | \*Two common stocks transferred from Level 2 to Level 3 due to a lack of observable market data. |  |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |

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| | | | | |
|:---|:---|:---|:---|:---|
| **GuideMark<sup>®</sup> Small/Mid Cap Core Fund** | | | | |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Common Stock** | $**84318604** | $**-** | $**13672** | $**84332276** |
| **Investment Companies** | **2192456** | **-** | **-** | **2192456** |
| **Real Estate Investment Trusts** | **4407392** | **-** | **-** | **4407392** |
| **Rights** | **-** | **-** | **0** | **0** |
| **Short Term Investments** | **266869** | **-** | **-** | **266869** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **30064806** |
| **Total Investments in Securities** | $**91185321** | $**-** | $**13672** | $**121263799** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |

---

---

| | | |
|:---|:---|:---|
| Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. | Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. |
| **Description** | **Common Stocks** | **Rights** |
| Balance as of April 1, 2022 | 23760 | 322 |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchases | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Sales proceeds and paydowns | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Accreted discounts, net | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Actions | (544) | 2063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Realized gain (loss) | 544 | (2026) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in unrealized appreciation (depreciation) | (10088) | (359) |
| &nbsp;&nbsp;&nbsp;&nbsp; Transfers into/(out of) Level 3 | - | - |
| **Balance as of December 31, 2022** | $**13672** | $**0** |
| Change in unrealized appreciation (depreciation) during the |  |  |
| period for Level 3 investments held at December 31, 2022. | $**(10088)** | $**(359)** |
| For further information regarding security characteristics, see the Schedule of Investments. |  |  |

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| | | | | |
|:---|:---|:---|:---|:---|
| **GuideMark<sup>®</sup> World ex-US Fund** | | | | |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Common Stocks** |  |  |  |  |
| Communication Services | $11656 | $4175647 | $- | $4187303 |
| Consumer Discretionary | 582435 | 11676186 | - | 12258621 |
| Consumer Staples | 1535256 | 8419255 | - | 9954511 |
| Energy | 2395373 | 5439218 | - | 7834591 |
| Financials | 3395879 | 15483616 | - | 18879495 |
| Health Care | 172122 | 11946457 | - | 12118579 |
| Industrials | 1221324 | 13211244 | - | 14432568 |
| Information Technology | 782633 | 4337768 | - | 5120401 |
| Materials | 1265269 | 5137414 | - | 6402683 |
| Real Estate | 80701 | 888575 | - | 969276 |
| Utilities | 123440 | 1578969 | - | 1702409 |
| **Total Common Stocks** | **11566088** | **82294349** | **-** | **93860437** |
| **Preferred Stocks** | **-** | **428636** | **-** | **428636** |
| **Real Estate Investment Trusts** | **12641** | **68526** | **-** | **81167** |
| **Short Term Investments** | **3852** | **-** | **-** | **3852** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **2018962** |
| **Total Investments in Securities** | $**11582581** | $**82791511** | $**-** | $**96393054** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuideMark<sup>®</sup> Core Fixed Income Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Fixed Income** |  |  |  |  |
| Asset Backed Securities | $- | $12902081 | $- | $12902081 |
| Collateralized Mortgage Obligations | - | 26875247 | - | 26875247 |
| Corporate Obligations | - | 40416655 | - | 40416655 |
| Foreign Government Debt Obligations | - | 2438321 | - | 2438321 |
| Mortgage Backed Securities - U.S. Government Agency | - | 62923143 | - | 62923143 |
| Municipal Debt Obligations | - | 2876391 | - | 2876391 |
| U.S. Treasury Obligations | - | 44109864 | - | 44109864 |
| **Total Fixed Income** | **-** | **192541702** | **-** | **192541702** |
| **Short Term Investments** | **1481701** | **-** | **-** | **1481701** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **1856938** |
| **Total Investments in Securities** | $**1481701** | $**192541702** | $**-** | $**195880341** |
| **Other Financial Instruments\*\*** |  |  |  |  |
| **Futures** | $**159832** | $**-** | $**-** | $**159832** |
| **Swaps** | **-** | **176783** | **-** | **176783** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and swaps. Futures and swaps are reflected as the unrealized appreciation (depreciation) on the instrument. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and swaps. Futures and swaps are reflected as the unrealized appreciation (depreciation) on the instrument. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and swaps. Futures and swaps are reflected as the unrealized appreciation (depreciation) on the instrument. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and swaps. Futures and swaps are reflected as the unrealized appreciation (depreciation) on the instrument. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and swaps. Futures and swaps are reflected as the unrealized appreciation (depreciation) on the instrument. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |
| **GuidePath<sup>®</sup> Growth Allocation Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**883569788** | $**-** | $**-** | $**883569788** |
| **Short Term Investments** | **7382196** | **-** | **-** | **7382196** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **137161776** |
| **Total Investments in Securities** | $**890951984** | $**-** | $**-** | $**1028113760** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuidePath<sup>®</sup> Conservative Allocation Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**392495831** | $**-** | $**-** | $**392495831** |
| **Short Term Investments** | **922** | **-** | **-** | **922** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **37341365** |
| **Total Investments in Securities** | $**392496753** | $**-** | $**-** | $**429838118** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuidePath<sup>®</sup> Tactical Allocation Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Common Stocks** | $**293944622** | $**-** | $**-** | $**293944622** |
| **Short Term Investments** | **196866896** | **-** | **-** | **196866896** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **39698073** |
| **Total Investments in Securities** | $**490811518** | $**-** | $**-** | $**530509591** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuidePath<sup>®</sup> Absolute Return Allocation Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**326529992** | $**-** | $**-** | $**326529992** |
| **Short Term Investments** | **211** | **-** | **-** | **211** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **24027998** |
| **Total Investments in Securities** | $**326530203** | $**-** | $**-** | $**350558201** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuidePath<sup>®</sup> Multi-Asset Income Allocation Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**85396650** | $**-** | $**-** | $**85396650** |
| **Short Term Investments** | **82** | **-** | **-** | **82** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **10337699** |
| **Total Investments in Securities** | $**85396732** | $**-** | $**-** | $**95734431** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuidePath<sup>®</sup> Flexible Income Allocation Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**288861713** | $**-** | $**-** | $**288861713** |
| **Short Term Investments** | **2536128** | **-** | **-** | **2536128** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **61808433** |
| **Total Investments in Securities** | $**291397841** | $**-** | $**-** | $**353206274** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |  |
| **GuidePath<sup>®</sup> Managed Futures Strategy Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Short Term Investments** | $**14127927** | $**450261315** | $**-** | $**464389242** |
| **Total Investments in Securities** | $**14127927** | $**450261315** | $**-** | $**464389242** |
| **Other Financial Instruments\*** |  |  |  |  |
| **Futures** | $**9273596** | $**-** | $**-** | $**9273596** |
| **Forward Currency Contracts** | $**-** | $**841958** | $**-** | $**841958** |
| \*Other financial instruments are derivative instruments not reflected in the Consolidated Schedule of Investments, such as futures and forward currency contracts. Futures and forward currency contracts are reflected as the unrealized appreciation (depreciation) on the instrument. | \*Other financial instruments are derivative instruments not reflected in the Consolidated Schedule of Investments, such as futures and forward currency contracts. Futures and forward currency contracts are reflected as the unrealized appreciation (depreciation) on the instrument. | \*Other financial instruments are derivative instruments not reflected in the Consolidated Schedule of Investments, such as futures and forward currency contracts. Futures and forward currency contracts are reflected as the unrealized appreciation (depreciation) on the instrument. | \*Other financial instruments are derivative instruments not reflected in the Consolidated Schedule of Investments, such as futures and forward currency contracts. Futures and forward currency contracts are reflected as the unrealized appreciation (depreciation) on the instrument. | \*Other financial instruments are derivative instruments not reflected in the Consolidated Schedule of Investments, such as futures and forward currency contracts. Futures and forward currency contracts are reflected as the unrealized appreciation (depreciation) on the instrument. |
| For further information regarding security characteristics, see the Consolidated Schedule of Investments. | For further information regarding security characteristics, see the Consolidated Schedule of Investments. | For further information regarding security characteristics, see the Consolidated Schedule of Investments. | For further information regarding security characteristics, see the Consolidated Schedule of Investments. |  |
| **GuidePath<sup>®</sup> Conservative Income Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**6440408** | $**-** | $**-** | $**6440408** |
| **Short Term Investments** | **4620515** | **2685921** | **-** | **7306436** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **2207725** |
| **Total Investments in Securities** | $**11060923** | $**2685921** | $**-** | $**15954569** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |
| **GuidePath<sup>®</sup> Income Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investment Companies** | $**52829056** | $**-** | $**-** | $**52829056** |
| **Short Term Investments** | **1380090** | **-** | **-** | **1380090** |
| **Total Investments in Securities** | $**54209146** | $**-** | $**-** | $**54209146** |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |
| **GuidePath<sup>®</sup> Growth & Income Fund** |  |  |  |  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Common Stock** | $**36363428** | $**-** | $**-** | $**36363428** |
| **Investment Companies** | **37268672** | **-** | **-** | **37268672** |
| **Short Term Investments** | **17721363** | **11739007** | **-** | **29460370** |
| **Investments Purchased with Proceeds from Securities Lending Collateral\*** | **-** | **-** | **-** | **8706335** |
| **Total Investments in Securities** | $**91353463** | $**11739007** | $**-** | $**111798805** |
| **Other Financial Instruments\*\*** |  |  |  |  |
| **Futures** | $**407967** | $**-** | $**-** | $**407967** |
| **Options Written** | **(447165)** | **(109950)** | **-** | **(557115)** |
| \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. | \* Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and written options. Futures are reflected as unrealized appreciation (depreciation) on the instrument, while written options are reflected at value. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and written options. Futures are reflected as unrealized appreciation (depreciation) on the instrument, while written options are reflected at value. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and written options. Futures are reflected as unrealized appreciation (depreciation) on the instrument, while written options are reflected at value. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and written options. Futures are reflected as unrealized appreciation (depreciation) on the instrument, while written options are reflected at value. | \*\*Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and written options. Futures are reflected as unrealized appreciation (depreciation) on the instrument, while written options are reflected at value. |
| For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. | For further information regarding security characteristics, see the Schedule of Investments. |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The GuidePath<sup>®</sup> Flexible Income Allocation Fund owned 5% or more of the voting securities of the following company during the period ended December 31, 2022. As a result, this company is deemed to be an affiliated company. The below table represents fair value: | The GuidePath<sup>®</sup> Flexible Income Allocation Fund owned 5% or more of the voting securities of the following company during the period ended December 31, 2022. As a result, this company is deemed to be an affiliated company. The below table represents fair value: | The GuidePath<sup>®</sup> Flexible Income Allocation Fund owned 5% or more of the voting securities of the following company during the period ended December 31, 2022. As a result, this company is deemed to be an affiliated company. The below table represents fair value: | The GuidePath<sup>®</sup> Flexible Income Allocation Fund owned 5% or more of the voting securities of the following company during the period ended December 31, 2022. As a result, this company is deemed to be an affiliated company. The below table represents fair value: | The GuidePath<sup>®</sup> Flexible Income Allocation Fund owned 5% or more of the voting securities of the following company during the period ended December 31, 2022. As a result, this company is deemed to be an affiliated company. The below table represents fair value: |
| **Issuer** | **Value as of April 1, 2022** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund<sup>1</sup> | $11530173 | $4048738 | $5770581 | $213000 |
|  | $11530173 | $4048738 | $5770581 | $213000 |
| **Issuer** | **Change in Unrealized Appreciation (Depreciation)** | **Dividend** <br> **Income** | **Fair Value as of** <br> **December 31, 2022** | **Share Balance as of<br> December 31, 2022** |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund<sup>1</sup> | $(171851) | $104469 | $9849479 | 378099 |
|  | $(171851) | $104469 | $9849479 | 378099 |
| <sup>1</sup>No longer an affiliate as of December 31, 2022. | <sup>1</sup>No longer an affiliate as of December 31, 2022. | <sup>1</sup>No longer an affiliate as of December 31, 2022. | <sup>1</sup>No longer an affiliate as of December 31, 2022. |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GPS Funds II

- **b. Investment Company Act file number:** 811-22486

- **c. CIK number of Registrant:** 0001504079

- **d. LEI of Registrant:** 549300EMT7QA1K47T038

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

  - **Street Address 1:** 1655 Grant Street

  - **City:** Concord

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94520

  - **Telephone number:** 800-664-5345

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

- **a. Name of Series:** GuidePath Managed Futures Strategy Fund

- **b. EDGAR series identifier (if any):** S000052240

- **c. LEI of Series:** 549300OKORB6EFCRC477

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $502716342.05

**Total Liabilities:** $15397364.23

**Net Assets:** $487318977.82

**Amount of Assets Invested in Other Investment Companies:** $15982087.33

**Cash Not Reported:** $11254822.93

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 3124.500000000000 | **1-Year:** 1310.790000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 1855.050000000000 | **1-Year:** 1011.240000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000164318 | -0.54%               | -6.89%               | -0.55%               |
| Class ID C000164319 | -0.51%               | -6.86%               | -0.52%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $359815.15               | $-534102.51                                |
| Month 2  | $115528.78               | $-77127.50                                 |
| Month 3  | $-201124.51              | $391902.03                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BACNA CD 3.2500 01/13/23       | BACNA CD 3.2500 01/13/23                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   8000000 | PA      | $8000000.00   | 1.64%             | 2023-01-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BACNA CD 5.0500 04/12/23       | BACNA CD 5.0500 04/12/23                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   8000000 | PA      | $8011709.92   | 1.64%             | 2023-04-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BMOCHG YCD 3.6000 06/23/23     | BMOCHG YCD 3.6000 06/23/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   7000000 | PA      | $6952353.10   | 1.43%             | 2023-06-23      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL CHICAGO       | Bank of Montreal/Chicago IL                | CUSIP: PPGB01CU6<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4986222.00   | 1.02%             | 2023-10-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA HOUS       | Bank of Nova Scotia/Houston                | CUSIP: 06417MD93<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4005416.60   | 0.82%             | 2023-08-16      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA HOUS       | Bank of Nova Scotia/Houston                | CUSIP: 06417ML52<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  10000000 | PA      | $10014664.00  | 2.06%             | 2023-08-17      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CIBCNY YCD 3.5900 06/26/23     | CIBCNY YCD 3.5900 06/26/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   6000000 | PA      | $5956538.76   | 1.22%             | 2023-06-26      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| CIBCNY YCD 5.2000 09/21/23     | CIBCNY YCD 5.2000 09/21/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4997950.90   | 1.03%             | 2023-09-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTR NY       | Commonwealth Bank of Australia/New York NY | CUSIP: 20271EB24<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   6500000 | PA      | $6508889.73   | 1.34%             | 2023-06-05      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTR NY       | Commonwealth Bank of Australia/New York NY | CUSIP: 20271EZP7<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  14000000 | PA      | $14000464.38  | 2.87%             | 2023-04-20      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY        | Cooperatieve Rabobank UA/NY                | CUSIP: 21684LFJ6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  10000000 | PA      | $10019212.30  | 2.06%             | 2023-11-24      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| RABOND YCD 3.3500 02/13/23     | RABOND YCD 3.3500 02/13/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   5000000 | PA      | $5000000.00   | 1.03%             | 2023-02-13      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MIZBNK YCD 5 04/28/23          | MIZBNK YCD 5 04/28/23                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |  10000000 | PA      | $10005454.00  | 2.05%             | 2023-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIZBNK YCD 4.3500 02/01/23     | MIZBNK YCD 4.3500 02/01/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   3000000 | PA      | $3000025.69   | 0.62%             | 2023-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/NY             | Mizuho Bank Ltd/New York NY                | CUSIP: 60710RUU7<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | DBT              | CORP              | JP        |   7000000 | PA      | $7000000.00   | 1.44%             | 2023-01-20      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP NEW YORK       | Nordea Bank Abp/New York NY                | CUSIP: 65558UXZ0<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  10000000 | PA      | $10019606.70  | 2.06%             | 2023-10-23      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BK CO NY       | Oversea-Chinese Banking Corp Ltd/New York  | CUSIP: 69033MT72<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |  20000000 | PA      | $20000000.00  | 4.10%             | 2023-02-23      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| RY YCD 3 06/05/23              | RY YCD 3 06/05/23                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   3000000 | PA      | $2974214.85   | 0.61%             | 2023-06-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RY YCD 3.8900 05/08/23         | RY YCD 3.8900 05/08/23                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   7000000 | PA      | $6975818.22   | 1.43%             | 2023-05-08      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| SEBNY YCD 4.0800 02/06/23      | SEBNY YCD 4.0800 02/06/23                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   7000000 | PA      | $7000068.99   | 1.44%             | 2023-02-06      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TRUST NY       | Sumitomo Mitsui Trust Bank Ltd/ New York   | CUSIP: PPFY52504<br>LEI: 5493006GGLR4BTEL8O61 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $10000000.00  | 2.05%             | 2023-01-04      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| SUMTNY YCD 4.7900 02/24/23     | SUMTNY YCD 4.7900 02/24/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   5000000 | PA      | $5000073.96   | 1.03%             | 2023-02-24      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| N/A                            | NASDAQ 100 E-MINI Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -57 | NC      | $484238.65    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NEW ZEALAND $ FUT Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       317 | NC      | $-407273.64   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Euro-OAT Future   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -412 | NC      | $2149134.79   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-BOBL FUTURE  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -847 | NC      | $1905084.62   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | PALLADIUM FUTURE  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        -7 | NC      | $-29578.28    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | MEXICAN PESO FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      1549 | NC      | $440663.93    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | PLATINUM FUTURE   Apr23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        83 | NC      | $296562.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | PLN/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $190895.02    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | S&P/TSX 60 IX FUT Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | CA        |        18 | NC      | $-107282.79   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | OMXS30 IND FUTURE Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SE        |       340 | NC      | $-259130.80   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Low Su Gasoil G   Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        19 | NC      | $52164.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | MSCI SING IX ETS  Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |       -17 | NC      | $1652.14      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SA RAND CURR(CME) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      -290 | NC      | $-331635.39   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | DJIA MINI e-CBOT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        40 | NC      | $-133138.68   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-SCHATZ FUT   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |     -3204 | NC      | $3355471.33   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO FX CURR FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |        80 | NC      | $51148.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AMSTERDAM IDX FUT Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | NL        |        32 | NC      | $-249098.11   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3MO EURO EURIBOR  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     -2554 | NC      | $387658.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P500 EMINI FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -26 | NC      | $50139.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P MID 400 EMINI Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $-35881.43    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 5YR NOTE (CBT) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -602 | NC      | $128028.33    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LONG GILT FUTURE  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |      -169 | NC      | $577993.21    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | GOLD 100 OZ FUTR  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        17 | NC      | $20312.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | DAX INDEX FUTURE  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |        17 | NC      | $-202027.02   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | COPPER FUTURE     Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        -5 | NC      | $-19177.24    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO STOXX 50     Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |       272 | NC      | $-467911.41   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | WHEAT FUTURE(CBT) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -186 | NC      | $-427640.40   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US ULTRA BOND CBT Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -111 | NC      | $46355.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | GASOLINE RBOB FUT Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        19 | NC      | $88751.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | INR/USD           Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | SG        |      -315 | NC      | $-9320.75     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AUST 10Y BOND FUT Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |      -221 | NC      | $93235.37     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SPI 200 FUTURES   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | AU        |       148 | NC      | $-449735.90   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FTSE CHINA A50    Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |      -296 | NC      | $-36514.92    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AUST 3YR BOND FUT Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |      -392 | NC      | $37459.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FTSE 100 IDX FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |       170 | NC      | $-4326.25     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NY Harb ULSD Fut  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        17 | NC      | $99996.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | IBEX 35 INDX FUTR Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | ES        |        86 | NC      | $-18635.37    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Euro-BTP Future   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -102 | NC      | $424727.91    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 90-DAY BANK BILL  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |        63 | NC      | $-14599.72    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | JPN YEN CURR FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      -256 | NC      | $-1147694.67  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | COFFEE 'C' FUTURE Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -171 | NC      | $-297320.41   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | KC HRW WHEAT FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -20 | NC      | $-41283.63    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME PRI ALUM FUTR Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -69 | NC      | $-60733.79    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME PRI ALUM FUTR Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        23 | NC      | $-1471.43     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LIVE CATTLE FUTR  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       278 | NC      | $234730.55    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LEAN HOGS FUTURE  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -16 | NC      | $-34207.01    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME NICKEL FUTURE Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        18 | NC      | $135201.66    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME COPPER FUTURE Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        -7 | NC      | $-154321.37   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME COPPER FUTURE Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |         7 | NC      | $18706.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME ZINC FUTURE   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -19 | NC      | $-30822.29    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LME ZINC FUTURE   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |        12 | NC      | $-81158.42    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | MSCI EmgMkt       Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -140 | NC      | $188808.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | MSCI EAFE         Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        26 | NC      | $-84089.18    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | ECX EMISSION      Dec23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | NL        |        27 | NC      | $-213077.42   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NATURAL GAS FUTR  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -118 | NC      | $575684.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NIKKEI 225  (OSE) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |       -45 | NC      | $43904.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NOK/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-119135.71   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NOK/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $6715.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANK NY        | Sumitomo Mitsui Banking Corp/New York      | CUSIP: 86565FSZ6<br>LEI: 549300MS3WYYVQ4HXM15 | Long             | DBT              | CORP              | JP        |  10000000 | PA      | $10000757.40  | 2.05%             | 2023-03-16      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANK NY        | Sumitomo Mitsui Banking Corp/New York      | CUSIP: 86565FUU4<br>LEI: 549300MS3WYYVQ4HXM15 | Long             | DBT              | CORP              | JP        |   7000000 | PA      | $7000000.00   | 1.44%             | 2023-02-23      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN NY       | Svenska Handelsbanken/New York NY          | CUSIP: 86959RM80<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   8000000 | PA      | $8009725.20   | 1.64%             | 2023-10-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| SVSNY YCD 3.4600 06/13/23      | SVSNY YCD 3.4600 06/13/23                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1986245.50   | 0.41%             | 2023-06-13      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BANK NY       | Toronto-Dominion Bank/NY                   | CUSIP: PPFMEKMJ0<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | US        |   3000000 | PA      | $2976029.94   | 0.61%             | 2023-08-22      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| TDNY YCD 5.3200 09/27/23       | TDNY YCD 5.3200 09/27/23                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |  15000000 | PA      | $15002351.10  | 3.08%             | 2023-09-27      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9974722.21   | 2.05%             | 2023-01-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17500000 | PA      | $17396944.46  | 3.57%             | 2023-02-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $13869849.14  | 2.85%             | 2023-03-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796XR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18000000 | PA      | $17978828.67  | 3.69%             | 2023-01-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796XZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14938201.25  | 3.07%             | 2023-02-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796Y60<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22000000 | PA      | $21875645.07  | 4.49%             | 2023-02-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11908171.20  | 2.44%             | 2023-03-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14875755.00  | 3.05%             | 2023-03-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14846521.35  | 3.05%             | 2023-03-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796Z93<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $13849095.82  | 2.84%             | 2023-04-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796ZH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14997205.56  | 3.08%             | 2023-01-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796ZJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $5994247.50   | 1.23%             | 2023-01-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796ZL6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4987116.80   | 1.02%             | 2023-01-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796ZT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9959788.19   | 2.04%             | 2023-02-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912796ZU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17500000 | PA      | $17416155.54  | 3.57%             | 2023-02-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WSTNY YCD 4.6000 04/11/23      | WSTNY YCD 4.6000 04/11/23                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |  10000000 | PA      | $10000125.90  | 2.05%             | 2023-04-11      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| N/A                            | AUDUSD Crncy Fut  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      -339 | NC      | $-229210.69   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | E-Mini Russ 2000  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -72 | NC      | $52266.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-BUND FUTURE  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -336 | NC      | $1579974.58   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SOYBEAN FUTURE    Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       140 | NC      | $442511.79    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SUGAR #11 (WORLD) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       747 | NC      | $-85733.09    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SGX Iron Ore 62%  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | SG        |       163 | NC      | $113608.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SEK/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-23747.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SEK/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $170688.94    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CHF CURRENCY FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       105 | NC      | $-6393.94     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | ICE 3MTH SONIA FU Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |      -336 | NC      | $-831084.85   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3 MONTH SOFR FUT  Jun23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -1586 | NC      | $771733.01    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SGD/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $790546.99    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SILVER FUTURE     Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       159 | NC      | $366500.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SOYBEAN MEAL FUTR Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       381 | NC      | $1343179.84   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FTSE/MIB IDX FUT  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | IT        |        81 | NC      | $-252411.64   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | STOXX EUROPE 600  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |       143 | NC      | $-101495.31   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | TOPIX INDX FUTR   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |        26 | NC      | $-103790.43   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | TRY/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-21110.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | US 2YR NOTE (CBT) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -1094 | NC      | $-193726.83   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FTSE Taiwan Index Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |        22 | NC      | $-17976.70    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 10YR NOTE (CBT)Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -375 | NC      | $105148.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-BUXL 30Y BND Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -81 | NC      | $787584.17    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US LONG BOND(CBT) Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -136 | NC      | $87242.66     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 10yr Ultra Fut Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -189 | NC      | $33661.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FTSE/JSE TOP 40   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | ZA        |        76 | NC      | $-78604.20    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | BANK ACCEPT FUTR  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |      -339 | NC      | $152540.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SOYBEAN OIL FUTR  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        79 | NC      | $-280675.95   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | BP CURRENCY FUT   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       -52 | NC      | $-6367.87     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | BRAZIL REAL FUT   Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       103 | NC      | $-59229.22    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Short Euro-BTP Fu Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -319 | NC      | $123986.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CORN FUTURE       Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -41 | NC      | $-68818.64    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | C$ CURRENCY FUT   Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      -656 | NC      | $-8185.41     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CAC40 10 EURO FUT Jan23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | FR        |       111 | NC      | $-237223.16   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | WTI CRUDE FUTURE  Feb23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -73 | NC      | $-614310.96   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CAN 10YR BOND FUT Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |       -28 | NC      | $-1355.58     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CNH/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-209656.59   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CNH/USD FWD 20230315                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $47342.38     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BRENT CRUDE FUTR  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -17 | NC      | $-137520.95   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | COTTON NO.2 FUTR  Mar23                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -92 | NC      | $-140682.40   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| DWS Government Money Market Se | DWS Government Money Market Series         | CUSIP: 25160K207<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  22217264 | NS      | $22217263.68  | 4.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MITTNY YCD 4.5200 04/21/23     | MITTNY YCD 4.5200 04/21/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9991417.60   | 2.05%             | 2023-04-21      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| MITTNY YCD 4.5200 04/21/23     | MITTNY YCD 4.5200 04/21/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   7000000 | PA      | $6994005.13   | 1.44%             | 2023-04-21      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| MITTNY YCD 5.2800 05/17/23     | MITTNY YCD 5.2800 05/17/23                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   3000000 | PA      | $3003724.47   | 0.62%             | 2023-05-17      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** GPS Funds II

**Signature:** /s/ Patrick Young

**Name of Signer:** Patrick Young

**Title:** Principal Financial Officer/Treasurer