# EDGAR Filing Document

**Accession Number:** 0001660765
**File Stem:** 0001145549-25-057320
**Filing Date:** 2025-8
**Character Count:** 6986
**Document Hash:** e90faad1a2e1f525fb797e8c18111bb1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057320.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057320

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Clayton Street Trust
- **CENTRAL INDEX KEY:** 0001660765

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23121
- **FILM NUMBER:** 251279182

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

## Series and Classes Contracts Data

### Protective Life Dynamic Allocation Series - Growth Portfolio (Series ID: S000053000)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000166590 | Protective Life Dynamic Allocation Series - Growth Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** CLAYTON STREET TRUST

- **b. Investment Company Act file number:** 811-23121

- **c. CIK number of Registrant:** 0001660765

- **d. LEI of Registrant:** 549300A5MQR2XX0LRL20

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

  - **Street Address 1:** 151 DETROIT STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

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

- **a. Name of Series:** Protective Life Dynamic Allocation Series - Growth Portfolio

- **b. EDGAR series identifier (if any):** S000053000

- **c. LEI of Series:** 5493009BEQOIM22QO631

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $38218410.07

**Total Liabilities:** $77288.66

**Net Assets:** $38141121.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000166590 | -0.21%               | 3.47%                | 4.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $103602.00               | $-270735.00                                |
| Month 2  | $33295.00                | $1209806.00                                |
| Month 3  | $71754.00                | $1309118.00                                |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** INTRNL-1407098649

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Invesco Exchange Traded Fund Trust II     | Invesco Exchange Traded Fund Trust II NASDAQ 100 ETF                                   | CUSIP: 46138G649<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     25912 | NS      | $5884615.20   | 15.43%            |  |  |  | No            |                  1 | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust     | J P Morgan Exchange Traded Fund Trust BETABUILDERS DEVELOPED ASIA PACIFIC-EX JAPAN ETF | CUSIP: 46641Q233<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |     35383 | NS      | $1928373.50   | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton ETF Trust              | Franklin Templeton ETF Trust FTSE UNITED KINGDOM ETF                                   | CUSIP: 35473P678<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    122961 | NS      | $3766295.43   | 9.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton ETF Trust              | Franklin Templeton ETF Trust FTSE JAPAN ETF                                            | CUSIP: 35473P744<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     59766 | NS      | $1921476.90   | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JANUS CAPITAL GROUP INC                   | Janus Henderson Cash Liquidity Fund LLC                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |     51025 | NS      | $51035.35     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard International Equity Index Funds | Vanguard International Equity Index Funds FTSE EUROPE ETF                              | CUSIP: 922042874<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |     49767 | NS      | $3856942.50   | 10.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                      | Vanguard Index Funds S&P 500 ETF USD                                                   | CUSIP: 922908363<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     26486 | NS      | $15044842.58  | 39.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                      | Vanguard Index Funds VANGUARD SMALL-CAP ETF                                            | CUSIP: 922908751<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     23998 | NS      | $5687046.04   | 14.91%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-14

**Name of Applicant:** CLAYTON STREET TRUST

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

**Title:** VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER