# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-23-000008
**Filing Date:** 2023-2
**Character Count:** 331553
**Document Hash:** 4d36ff385f6e2e311985b1eb118484be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-23-000008.hdr.sgml**: 20230703

**ACCESSION NUMBER**: 0000811869-23-000008

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 8

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230601

**EFFECTIVENESS DATE**: 20230227

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 23670114

**BUSINESS ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211
- **BUSINESS PHONE:** 612-844-7190

**MAIL ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent Diversified Income Plus Fund (Series ID: S000001341)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003588 | Class A      | AAHYX           |
| C000003590 | Class S      | THYFX           |

### Thrivent Multidimensional Income Fund (Series ID: S000056339)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177512 | Class S      | TMLDX           |

United States#NEWLINE# Securities and Exchange Commission#NEWLINE# Washington, D.C. 20549

# **Form N-CSR**

Certified Shareholder Report of Registered Management Investment Companies
Investment Company Act file number: 811-05075
Thrivent Mutual Funds
(Exact name of registrant as specified in charter)

901 Marquette Avenue, Suite 2500
Minneapolis, Minnesota 55402-3211
(Address of principal executive offices) (Zip code)

John D. Jackson
Secretary and Chief Legal Officer
Thrivent Mutual Funds
901 Marquette Avenue, Suite 2500
Minneapolis, Minnesota 55402-3211
(Name and address of agent for service)
Registrant's telephone number, including area code: (612) 844-7190
Date of fiscal year end: December 31
Date of reporting period: December 31, 2022

# **Item 1. Report to Stockholders**

[Insert shareholder report]

# **Item 2. Code of Ethics**

As of the end of the period covered by this report, registrant has adopted a code of ethics (as defined in Item 2 of Form N-CSR) applicable to registrant's Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer. No waivers were granted to such code of ethics during the period covered by this report. A copy of this code of ethics is filed as an exhibit to this Form N-CSR.

# **Item 3. Audit Committee Financial Expert**

Registrant's Board of Trustees has determined that Robert J. Chersi, an independent trustee, is the Audit Committee Financial Expert.

# **Item 4. Principal Accountant Fees and Services**

# **(a) through (d)**

Thrivent Diversified Income Plus Fund and Thrivent Multidimensional Income Fund (each a "Fund" and collectively, the "Funds") are each a series of Thrivent Mutual Funds, a Massachusetts business trust (the "Trust"). The Trust, as of the date of filing this Form N-CSR, contains a total of 25 series (the "Series"), including the Funds. This Form N-CSR relates to the annual report of each Fund. The following table presents the aggregate fees billed to the Funds for the respective fiscal years ended December 31, 2021 and December 31, 2022 by the Funds' independent public accountants, PricewaterhouseCoopers LLP ("PwC"), for professional services rendered for the audit of the Funds' annual financial statements and fees billed for other services rendered by PwC during those periods.

| Fiscal Years Ended | 12/31/2021 | 12/31/2022 |
| --- | --- | --- |
| Audit Fees | $45,419 | $60,400 |
| Audit-Related Fees##SUP##(1)##/SUP## | $0 | $0 |
| Tax Fees##SUP##(2)##/SUP## | $13,612 | $14,022 |
| All Other Fees##SUP##(3)##/SUP## | $3,600 | $4,150 |
| Total | $62,631 | $78,572 |

##SUP##

(1)

##/SUP##

Audit-related fees consist of the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit of financial statements and are not reported under the category of audit fees.

##SUP##

(2)

##/SUP##

Tax fees consist of the aggregate fees billed for professional services rendered by the principal accountant relating to tax compliance, tax advice, and tax planning and specifically include fees for tax return preparation. These fees include payments for tax return compliance services, excise distribution review services, and other tax related matters.

##SUP##

(3)

##/SUP##

All other fees consist of the aggregate fees billed for products and services provided by the principal accountant other than audit, audit-related, and tax services. The 2021 and 2022 payments were for access to a PwC-sponsored online library that provides interpretive guidance regarding U.S. and foreign accounting standards. These figures are also reported in the response to Item 4(g) below.

The following table presents the aggregate fees billed to all Series of the Trust (other than the Funds) with fiscal years ending on October 31 for the fiscal years ended October 31, 2021 and October 31, 2022 by PwC for professional services rendered for the audit of the annual financial statements of the applicable Series and fees billed for other services rendered by PwC during those periods.

| Fiscal Years Ended | 10/31/2021 | 10/31/2022 |
| --- | --- | --- |
| Audit Fees | $522,321 | $639,405 |
| Audit-Related Fees##SUP##(1)##/SUP## | $0 | $0 |
| Tax Fees##SUP##(2)##/SUP## | $156,538 | $161,258 |
| All Other Fees##SUP##(3)##/SUP## | $3,600 | $4,150 |
| Total | $682,459 | $804,813 |

##SUP##

(1)

##/SUP##

Audit-related fees consist of the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit of financial statements and are not reported under the category of audit fees.

##SUP##

(2)

##/SUP##

Tax fees consist of the aggregate fees billed for professional services rendered by the principal accountant relating to tax compliance, tax advice, and tax planning and specifically include fees for tax return preparation. These fees include payments for tax return compliance services, excise distribution review services, and other tax related matters.

##SUP##

(3)

##/SUP##

All other fees consist of the aggregate fees billed for products and services provided by the principal accountant other than audit, audit-related, and tax services. The 2021 and 2022 payments were for access to a PwC-sponsored online library that provides interpretive guidance regarding U.S. and foreign accounting standards. These figures are also reported in response to Item 4(g) below.

(e)

Registrant's audit committee charter, adopted in February 2010, provides that the audit committee (comprised of the independent Trustees of registrant) is responsible for pre-approval of all auditing services performed for the registrant. The audit committee also is responsible for pre-approval (subject to the *de minimis* exceptions for non-audit services described in Section 10A(i)(1)(B) of the Securities Exchange Act of 1934) of all non-auditing services performed for the registrant or an affiliate of registrant. In addition, registrant's audit committee charter permits a designated member of the audit committee to pre-approve, between meetings, one or more audit or non-audit service projects, subject to an expense limit and notification to the audit committee at the next committee meeting. Registrant's audit committee pre-approved all fees described above that PwC billed to registrant.

(f)

Less than 50% of the hours billed by PwC for auditing services to registrant for the fiscal year ended December 31, 2022 was for work performed by persons other than full-time permanent employees of PwC.

(g) The aggregate non-audit fees billed by PwC to registrant and to registrant's investment adviser and any entity controlling, controlled by, or under common control with registrant's investment adviser for the fiscal years set forth below are disclosed in the table below. The disclosed payments were for access to a PwC-sponsored online library that provides interpretive guidance regarding U.S. and foreign accounting standards and for fees related to the merger of certain series of Thrivent Mutual Funds and certain series of Thrivent Series Fund, Inc. These figures are also reported in response to Item 4(d) above.

| Fiscal Year Ended | 10/31/2021 | 12/31/2021 | 10/31/2022 | 12/31/2022 |
| --- | --- | --- | --- | --- |
| Registrant##SUP## | $0 | $0 | $0 | $0 |
| (1)##/SUP## |  |  |  |  |
| Adviser | $3,600 | $3,600 | $4,150 | $4,150 |

(h) Registrant's audit committee has considered the non-audit services provided to the registrant and registrant's investment adviser and any entity controlling, controlled by, or under common control with registrant's investment adviser as described above and determined that these services do not compromise PwC's independence.

# **Item 5. Audit Committee of Listed Registrants**

Not applicable.

# **Item 6. Investments**

(a)&nbsp;&nbsp;&nbsp;&nbsp; Registrant's Schedule of Investments is included in the report to shareholders filed under Item 1.

(b)&nbsp;&nbsp;&nbsp;&nbsp; Not applicable to this filing.

# **Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies**

Not applicable.

# **Item 8. Portfolio Managers of Closed-End Management Investment Companies**

Not applicable.

# **Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers**

Not applicable.

# **Item 10. Submission of Matters to a Vote of Security Holders**

There have been no material changes to the procedures by which shareholders may recommend nominees to registrant's board of trustees implemented after the registrant last provided disclosure in response to this item.

# **Item 11. Controls and Procedures**

(a) INDENT## Registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) are effective, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.

(b) INDENT## There were no changes in registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, registrant's internal control over financial reporting.

# **Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies**

Not applicable.

# **Item 13. Exhibits**

(a)(1) INDENT## Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit. See EX-99.CODE attached hereto.

(a)(2) INDENT## A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)) in the exact form set forth below. See EX-99.CERT attached hereto.

(a)(3) INDENT## Any written solicitation to purchase securities under Rule 23c-1 under the 1940 Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable.

(a)(4) INDENT## Change in the registrant's independent public accountant. Not applicable.

(b) INDENT## If the report is filed under Section 13(a) or 15(d) of the Exchange Act, provide the certifications required by Rule 30a-2(b) under the 1940 Act (17 CFR 270.30a-2(b)), Rule 13a-14(b) or Rule 15d-14(b) under the Exchange Act (17 CFR 270.30a-2(b), 14(b) or 15(d) of the Exchange Act (17 CFR 270.30a-2(b)), and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) as an exhibit. A certification furnished pursuant to this paragraph will not be deemed "filed" for purposes of Section 18 of the Exchange Act (15 U.S.C. 78A) or otherwise subject to the liability of that section. Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference. See EX-99.906CERT attached hereto.

# **Signatures**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 27, 2023 INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Date: February 27, 2023 INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT## INDENT

thrivent®

Mutual Funds
December 31, 2022

![img-0.jpeg](img-0.jpeg)

# Thrivent Diversified Income Plus Fund
Thrivent Multidimensional Income Fund

Manage your delivery preferences and sign up for email notifications by emailing at thrivent.com/gapepf.com or, if you purchased directly online, by emailing at thriventfunds.com. If you purchased shares from a firm other than Thrivent, contact your financial professional.

# Annual Report

# Table of Contents

| Letter from the President | 2 |
| --- | --- |
| Letter from the Chief Investment Officer | 3 |
| Portfolio Perspectives |  |
| Thivard Diversified Income Plus Fund | 4 |
| Thivard Multidimensional Income Fund | 5 |
| Shareholder Expense Example | 8 |

Dear Shareholder:

The past year has been a volatile one for the economy and the

market. Most of the world's sales are down at 5.6% and 6.4% for the market. In the present study, the market is 5.6% and 6.4% for the market. In the present study, the market is 5.6% and 6.4% for the market. In the present study, the market is 5.6% and 6.4% for the market. In the present study, the market is 5.6% and 6.4% for the market.

University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania
University of Pennsylvania

circumstances, the clock market may be primed for a recovery -

assuming clock prices haven't already recovered by then.

For all of 2022, the S&P 500 Index of large cap stocks was down
about 10%, the NASDAQ, a composite of 1.100 stocks, was down
about 20%, the S&P SmallCap 500 Growth Index was down about
21%, and the Russell MidCap Growth Index was down about
19%.

Statement of Assets and Liabilities

62

2

Dear Shareholder:

The Federal Reserve's (Fed) monetary tightening policy aimed at the best chance to deploy capital in when things are going down, making inflation was a discipline time in both the local and local. The Federal Reserve's (Fed) financial plan is a 2018-2020 period. The Federal Reserve's (Fed) financial plan is a 2018-2020 period. The Federal Reserve's (Fed) financial plan is a 2018-2020 period.

Year-over-year, sales were still up 5.0% in December, according to the Federal Reserve's (Fed) financial plan. The Federal Reserve's (Fed) financial plan is a 2018-2020 period. The Federal Reserve's (Fed) financial plan is a 2018-2020 period.

Market Review

The much more tangible market development, particularly for

C:\Users\C0443

8

# Thirvent Diversified Income Plus Fund

David R. Spangler, CFA, Stephen D. Lowe, CFA, and Theron G. Whitehorn, CFA, Portfolio Co-Managers®

This report is based on the latest data in the United States of America. The report is based on the latest data in the United States of America. The report is based on the latest data in the United States of America.

Quoted Fund performance is for Class A shares and does not reflect a sales charge.

The report should be included in the following table:

| Portfolio Composition (% of Portfolio) |  | Major Market Sectors (% of Net Assets) |  | Top 10 Holdings (% of Net Assets) |  |
| --- | --- | --- | --- | --- | --- |
| Long-Term Fixed Income | 57.9% | Montgage-Backed Securities | 21.3% | Thinest Core Emerging Markets Debt | 0.9% |
| Common Stock | 14.9% | Freeest | 11.4% | Fund | 0.9% |
| Total | 100.0% | Total | 100.0% | Total | 100.0% |
| Total | 100.0% | Total | 100.0% | Total | 100.0% |

Portfolio Composition excludes derivatives and collateral held for securities loaned.

Market Sectors and Top 10 Holdings exclude short-term investments, derivatives, and collateral held for securities loaned.
Quoted Major Market Sectors, Portfolio Composition and Top 10 Holdings are subject to change.

| Average Annual Total Returns 1 As of December 31, 2022 |  |  |  |
| --- | --- | --- | --- |
| Class A 2 | 1-Year | 5-Year | 10-Year |
| without sales charge | -12.94% | 1.64% | 3.69% |
| with sales charge | -16.54% | 0.71% | 3.19% |
| Class S | 1-Year | 5-Year | 10-Year |

![img-1.jpeg](img-1.jpeg)

1. Past performance is not an indication of future results. The prospectus contains more complete information on the investment objectives, risks, charges and expenses of the investment company, which investors should read and consider carefully before investing. To obtain a prospectus, contact a registered representative or visit Thirunothi and.com. Total investment return and principal value of your investment will fluctuate, and your shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Call 800-847-4305 or visit thirunothi.com for performance results current to the most recent month end.
Average annual total returns represent past performance and reflect changes in share prices, the environment of all dividends, and capital gains, and the effects of compounding. Periods of less than one year are not calculated. At various times, the Fund's calcium may have ceased its management fee (some reimbursed Fund expenses, without which the Fund's total returns would have been lower). The returns shown do not reflect losses or liabilities would pay

5

| Thrivest Multidimensional Income Fund |  |  |  |
| --- | --- | --- | --- |
| Preferred Stock | 1.4% | 1.4% | 1.4% |
| Stephen D. Lowe, CFA, Kent L. Wharf, CFA and Theatres & Western, CFA, Portfolio V.A. (2016) | 4.6% | 1.3% | 1.3% |
| Materials | 4.6% | 1.3% | 1.3% |
| Total | 4.6% | 1.3% | 1.3% |

Net Asset Value -12.55% 1.89% 3.94%

The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:
The following table provides the information in a tabular format:

The returns shown do not reflect taxes a shareholder would pay on distributions or redemptions.

6

![img-0.jpeg](img-0.jpeg)

# **Major Market Sectors**
(% of Net Assets)

Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution

Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution
Convention: **Top 10 Holdings**
Federal National Banking Institution

Bond quality ratings are obtained from Moody's Investors Service, Inc. ("Moody's") and Standard & Poor's Ratings Services ("S&P"). Ratings from S&P when used, are converted into their equivalent Moody's ratings. If Moody's and S&P have assigned different ratings to a security, the lowest rating for the security is used. Not rated may include cash. Investments in derivatives and short-term investments are not reflected in the table. Major Market Sectors and Top 10 Holdings exclude short-term investments, derivatives and collateral held for securities loaned. Bond Quality Ratings Distributions exclude collateral held for securities loaned. Quoted Bond Quality Ratings Distributions, Major Market Sectors and Top 10 Holdings are subject to change.

# **Average Annual Total Returns1**
As of December 31, 2022

|  |  |  | From Inception |
| --- | --- | --- | --- |
| Class 5 | 1-Year | 5-Year | 2/28/2017 |
| Net Asset Value | -13.49% | 1.04% | 1.72% |

The Bloomberg U.S. Bank (Net) (2022) 2% (since Capped) is a 2022 and 2023. The Bank's Bank (2022) 2% (since Capped) is a 2022 and 2023. The Morningstar (2023) 2% (since Capped) is a 2022 and 2023. The Morningstar (2023) 2% (since Capped) is a 2022 and 2023. The Morningstar (2023) 2% (since Capped) is a 2022 and 2023.

# **Value of a $10,000 Investment**

![img-1.jpeg](img-1.jpeg)

1 Past performance is not an indication of future results. The prospectus contains more complete information on the investment objectives, risks, charges and expenses of the investment company, which investors should read and consider carefully before investing. To obtain a prospectus, contact a registered representative on visit Thirvan@unibs.com. Total investment return and principal value of your investment will fluctuate, and your shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Call 800-847-4000 or visit Thirvan@unibs.com for performance results cannot to the most recent month-end.

7

# Shareholder Expense Example

Consolidated Company 0.7% Bank of America Corporation 0.6%

Market Shareholders' Equity 0.3% Profit Global High Yield Fund, Inc. 0.5%

of materials and workers of contributed to the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business

The Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business, the Company's business

6

market (DM) and investment securities, and corporate bonds.

The Corporate Finance Corporation (CFP) is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP).

Opinions on the Financial Statements

We have audited the accompanying statements of severance liabilities, including the schedules of investments, of Thirvent Diversified Income Plus Fund and Thirvent Multidimensional Income Fund (two of the funds constituting Thirvent Mutual Funds) hereafter collectively referred to as the "Funds" as of December 31, 2022, the related statements of operations for the year ended December 31, 2022, the statements

The Corporate Finance Corporation (CFP) is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP) and is a member of the Company's Group of Companies (CFP).

PricewaterhouseCoopers LLP, 45 South Seventh Street, Suite 3400, Minneapolis, MN 55402
T: (612) 586-0000, www.pmc.com/pa

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

rises over the period. However, the segment held up better than some other areas of the fixed income market due to its shorter duration, and the financial statements were not available. This is a general case for the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of

The accompanying Notes to Financial Statements are an integral part of this schedule.

10

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

proved in the increasing likelihood of a global recession in 2022. However, we believe the first will likely pause to reassess in the first or

last month. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply. The financial statements are and to the following rules and regulations apply.

These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) [PCAOB] and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

The accompanying Notes to Financial Statements are an integral part of this schedule.

11

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

used on by offer effective income opportunities for long-term investors. The default year to the 100,000 sector has created significant
losses. The Company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding

The accompanying Notes to Financial Statements are an integral part of this schedule.

12

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022[{"box_2d": [19, 31, 476, 114], "label": "table", "caption": "

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Amount | 1,000,000 | 1,000,000 | Amount | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

| 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |
| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 |

<table><thead><tr><th>2022</th><th>2021</th><th>2020</th><th>2019</th><th>2018</th></tr></thead><tr><td>Proposed</td><td>1,000,000</

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Projected | 1,000,000 | Projected | 750,000 | Projected | 1,000,000 | Projected | 750,000 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | Amount | 1,000,000 | Amount | 1,000,000 | Amount | 1,000,000 |
| Total | 1,000,000 | Total | 1,000,000 | Total | 1,000,000 | Total | 1,000,000 |
| Total | 1,000,000 | Total | 1,000,000 | Total | 1,000,000 | Total | 1,000,000 |
| Total | 1,000,000 | Total | 1,000,000 | Total | 1,000,000 | Total | 1,000,000 |

Minneapolis, Minnesota

February 19, 2023

We have served as the auditor of one or more investment companies in Thirsent Financial for Lutheran investment company complex since 1987.

The accompanying Notes to Financial Statements are an integral part of this schedule.

14

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Financing | 1,120,000 | Financing | 687,000 |
| --- | --- | --- | --- |
| Accounts Receivable | 1,120,000 | Accounts Receivable | 1,120,000 |
| Asset Deferred | 1,120,000 | Asset Deferred | 1,120,000 |
| Debt | 1,120,000 | Debt | 1,120,000 |
| Interest | 1,120,000 | Interest | 1,120,000 |
| Interest | 1,120,000 | Interest | 1,120,000 |
| Interest | 1,120,000 | Interest | 1,120,000 |
| Interest | 1,120,000 | Interest | 1,120,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

15

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022[{"box_2d": [17, 32, 474, 89], "label": "table", "caption": "

| Principal | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Asset | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Asset | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Principal | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Amount | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Amount | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

<table><thead><tr><th>Amount</th><th>2022</th><th>2021</th><th>2020</th><th>2019</th><th>2018</th></tr></thead><tr><td>Amount</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td></tr></tabletable><thead><tr><th>Amount</th><th>2022</th><th>2021</th><th>2020</th><th>2019</th><th>2018</th></tr></thead><tr><td>Amount</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td></tr></tabletable><thead><tr><th>Amount</th><th>2022</th><th>2021</th><th>2020</th><th>2019</th><th>2018</th></tr></thead><tr><td>Amount</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td><td>

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Projected | 123,000 | Projected | 181,375 |
| --- | --- | --- | --- |
| Projected | 123,000 | Projected | 181,375 |
| Capital | 123,000 | Capital | 123,000 |
| Capital | 123,000 | Capital | 123,000 |
| Total | 123,000 | Total | 123,000 |
| Less: | 123,000 | Less: | 123,000 |
| Total | 123,000 | Total | 123,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

17

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Financial | 1,000,000 | 1,000,000 | Financial | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | Depreciation | 1,000,000 | 1,000,000 |
| Cashflow | 1,000,000 | 1,000,000 | Cashflow | 1,000,000 | 1,000,000 |
| Interest | 1,000,000 | 1,000,000 | Interest | 1,000,000 | 1,000,000 |
| Other | 1,000,000 | 1,000,000 | Other | 1,000,000 | 1,000,000 |
| Total | 1,000,000 | 1,000,000 | Total | 1,000,000 | 1,000,000 |
| 1st Quarter | 1,000,000 | 1,000,000 | 1st Quarter | 1,000,000 | 1,000,000 |
| 2nd Quarter | 1,000,000 | 1,000,000 | 2nd Quarter | 1,000,000 | 1,000,000 |
| 3rd Quarter | 1,000,000 | 1,000,000 | 3rd Quarter | 1,000,000 | 1,000,000 |
| 4th Quarter | 1,000,000 | 1,000,000 | 4th Quarter | 1,000,000 | 1,000,000 |
| 5th Quarter | 1,000,000 | 1,000,000 | 5th Quarter | 1,000,000 | 1,000,000 |
| 6th Quarter | 1,000,000 | 1,000,000 | 6th Quarter | 1,000,000 | 1,000,000 |
| 7th Quarter | 1,000,000 | 1,000,000 | 7th Quarter | 1,000,000 | 1,000,000 |
| 8th Quarter | 1,000,000 | 1,000,000 | 8th Quarter | 1,000,000 | 1,000,000 |
| 9th Quarter | 1,000,000 | 1,000,000 | 9th Quarter | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

18

# Diversified Income Plus Fund
Schedule of Investments as of December 31, 2022

| Premiums | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| Accounts Receivables | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Cash and cash equivalents | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Inventories | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Other | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

19

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022[{"box_2d": [18, 32, 475, 89], "label": "table", "caption": "

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Project | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Sustaining 11 | 1,000,000 | 1,000,000 | 1,000,000 |
| Completeness | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

<table><thead><tr><th>Project</th><th>2022</th><th>2021</th><th>2020</th></tr></thead><tr><td>Sustaining 11</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td></tr><tr><td>Completeness</td><td>1,000,000</td><td>1,000,000</td><td>1,000,000</td></tr><tr><td>1,000,000</td><td>1,000,000</td><td>1,000,000</

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Proposed | 2022 | 2021 | Proposed | 2022 | 2021 |
| --- | --- | --- | --- | --- | --- |
| Accrued | 1,000,000 | 1,000,000 | Accrued | 1,000,000 | 1,000,000 |
| Committed | 1,000,000 | 1,000,000 | Committed | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

21

# Diversified Income Plus Fund
Schedule of Investments as of December 31, 2022

| Projected | Total Investment | 2022 |
| --- | --- | --- |
| Acquisitions | 1,000,000 | 1,000,000 |
| Commissions | 1,000,000 | 1,000,000 |
| Liabilities | 1,000,000 | 1,000,000 |
| Liabilities | 1,000,000 | 1,000,000 |
| Liabilities | 1,000,000 | 1,000,000 |
| Liabilities | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

22

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Pre-2022 | 2022 | 2022 | 2022 |
| --- | --- | --- | --- |
| Pre-2022 | 2022 | 2022 | 2022 |
| Pre-2022 | 2022 | 2022 | 2022 |
| Pre-2022 | 2022 | 2022 | 2022 |
| Pre-2022 | 2022 | 2022 | 2022 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

23

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Projected | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- |
| Accumulated | 1,000,000 | 1,000,000 | 1,000,000 |
| Committed | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 |  |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 |  |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

23

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Project No. | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Accrued | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 |  |  |  |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 |  |  |  |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 |  |  |  |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 |  |  |  |
| Exempt | 1 | 2 | 3 | 4 | 5 | 6 | 7 |  |  |  |
| Exempt | 1 | 2 |  |  |  |  |  |  |  |  |

The accompanying Notes to Financial Statements are an integral part of this schedule.

22

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Principal | 2022 | 2021 | 2020 | 2019 |
| --- | --- | --- | --- | --- |
| Amortization | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Dividend | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Commodity | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Dividend | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Dividend | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

25

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Premiums | 1,000,000 | 1,000,000 | 1,000,000 | Premiums | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Accumulated Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | Accumulated Depreciation | 1,000,000 | 1,000,000 | 1,000,000 |
| Premiums | 1,000,000 | 1,000,000 | 1,000,000 | Premiums | 1,000,000 | 1,000,000 | 1,000,000 |
| Accumulated Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | Accumulated Depreciation | 1,000,000 | 1,000,000 | 1,000,000 |
| Premiums | 1,000,000 | 1,000,000 | 1,000,000 | Premiums | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

27

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Project No. | Project Name | Project Price | Project Price |
| --- | --- | --- | --- |
| 1 | Arlington, VA | $1.00 | $1.00 |
| 2 | Arlington, VA | $1.00 | $1.00 |
| 3 | Arlington, VA | $1.00 | $1.00 |
| 4 | Arlington, VA | $1.00 | $1.00 |
| 5 | Arlington, VA | $1.00 | $1.00 |
| 6 | Arlington, VA | $1.00 | $1.00 |
| 7 | Arlington, VA | $1.00 | $1.00 |
| 8 | Arlington, VA | $1.00 | $1.00 |
| 9 | Arlington, VA | $1.00 | $1.00 |
| 10 | Arlington, VA | $1.00 | $1.00 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

22

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

![img-0.jpeg](img-0.jpeg)

The accompanying Notes to Financial Statements are an integral part of this schedule.

29

Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

![img-1.jpeg](img-1.jpeg)

The accompanying Notes to Financial Statements are an integral part of this schedule.

33

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

![img-2.jpeg](img-2.jpeg)

![img-3.jpeg](img-3.jpeg)

![img-4.jpeg](img-4.jpeg)

The accompanying Notes to Financial Statements are an integral part of this schedule.

11

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Projected | December 31, 2022 | Total | December 31, 2022 |
| --- | --- | --- | --- |
| Accumulated | December 31, 2022 | ($82,896) | December 31, 2022 |
| Taxes | December 31, 2022 | ($82,896) | December 31, 2022 |
| Total | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |

| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| --- | --- | --- | --- |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |
| 1,000,000 | December 31, 2022 | ($82,896) | December 31, 2022 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

33

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022[{"box_2d": [18, 32, 474, 89], "label": "table", "caption": "

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Investigation | $10,000 |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Investigation | $10,000 |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Investigation | $10,000 |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |
| Investigation | Investigation | $10,000 |

| Project | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Investigation | $10,000 |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

| Investigation | Description | Amount |
| --- | --- | --- |
| Amortization | Investigation | $10,000 |

<table><td><b>Investigation</b></td><td><b>10,000</b></td></tr></table>

<table><b>Investigation</b></td><td><b>10,000</b></td></tr></table>

<table><b>Investigation</b></td><td><b>10,000</b></td></tr></table>

<table><b>Investigation</b></td><td><b>10,000</b></td></tr></table>

<table><b>Investigation</b></td><td><b>10,000</b></td></tr></table>

<table><b>Investigation</b></td><td><b>10,000</

# Diversified Income Plus Fund
Schedule of Investments as of December 31, 2022[{"box_2d": [18, 32, 474, 89], "label": "table", "caption": "

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |
| 2025 | Investments | $1,000,000 |
| 2026 | Investments | $1,000,000 |
| 2027 | Investments | $1,000,000 |
| 2028 | Investments | $1,000,000 |
| 2029 | Investments | $1,000,000 |
| 2030 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |
| 2025 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |
| 2024 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |
| 2023 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

| Project | Description | Value |
| --- | --- | --- |
| 2022 | Investments | $1,000,000 |

<table><thead><tr><th>Project</th><th>Description</th><th>Value</th></tr></thead><tr><td>2022</td><td>Investments</td

# Diversified Income Plus Fund
Schedule of Investments as of December 31, 2022

| Dividend | Value | Total |
| --- | --- | --- |
| Current | $1,000,000 | 1,000,000 |
| Less: | (1,000,000 - 1,000,000) | (1,000,000 - 1,000,000) |
| 1st | $1,000,000 | 1,000,000 |
| 2nd | $1,000,000 | 1,000,000 |
| 3rd | $1,000,000 | 1,000,000 |
| 4th | $1,000,000 | 1,000,000 |
| 5th | $1,000,000 | 1,000,000 |
| 6th | $1,000,000 | 1,000,000 |
| 7th | $1,000,000 | 1,000,000 |
| 8th | $1,000,000 | 1,000,000 |
| 9th | $1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

35

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| 2022 | 2021 | 2020 | 2019 |
| --- | --- | --- | --- |
| Income | Income | Income | Income |
| Income | Income | Income | Income |
| Income | Income | Income | Income |
| Income | Income | Income | Income |
| Income | Income | Income | Income |
| Income | Income | Income | Income |
| Income | Income | Income | Income |

The accompanying Notes to Financial Statements are an integral part of this schedule.

35

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Shares | Liabilities | Notes | Shares | Liabilities | Notes |
| --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |
| 1,000,000 |  |  |  |  |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |

The accompanying Notes to Financial Statements are an integral part of this schedule.

31

# Diversified Income Plus Fund
Schedule of Investments as of December 31, 2022

| Projected | 2022 | 2021 |
| --- | --- | --- |
| 1. 2022 | 2022 | 2022 |
| 2. 2022 | 2022 | 2022 |
| 3. 2022 | 2022 | 2022 |
| 4. 2022 | 2022 | 2022 |
| 5. 2022 | 2022 | 2022 |
| 6. 2022 | 2022 | 2022 |
| 7. 2022 | 2022 | 2022 |
| 8. 2022 | 2022 | 2022 |
| 9. 2022 | 2022 | 2022 |
| 10. 2022 | 2022 | 2022 |
| 11. 2022 | 2022 | 2022 |
| 12. 2022 | 2022 | 2022 |
| 13. 2022 | 2022 | 2022 |
| 14. 2022 | 2022 | 2022 |
| 15. 2022 | 2022 | 2022 |
| 16. 2022 | 2022 | 2022 |
| 17. 2022 | 2022 | 2022 |
| 18. 2022 | 2022 | 2022 |
| 19. 2022 | 2022 | 2022 |
| 20. 2022 | 2022 | 2022 |
| 21. 2022 | 2022 | 2022 |
| 22. 2022 | 2022 | 2022 |
| 23. 2022 | 2022 | 2022 |
| 24. 2022 | 2022 | 2022 |
| 25. 2022 | 2022 | 2022 |
| 26. 2022 | 2022 | 2022 |
| 27. 2022 | 2022 | 2022 |
| 28. 2022 | 2022 | 2022 |
| 29. 2022 | 2022 | 2022 |
| 30. 2022 | 2022 | 2022 |
| 31. 2022 | 2022 | 2022 |
| 32. 2022 | 2022 | 2022 |
| 33. 2022 | 2022 | 2022 |
| 34. 2022 | 2022 | 2022 |
| 35. 2022 | 2022 | 2022 |
| 36. 2022 | 2022 | 2022 |
| 37. 2022 | 2022 | 2022 |
| 38. 2022 | 2022 | 2022 |
| 39. 2022 | 2022 | 2022 |
| 40. 2022 | 2022 | 2022 |
| 41. 2022 | 2022 | 2022 |
| 42. 2022 | 2022 | 2022 |
| 43. 2022 | 2022 | 2022 |
| 44. 2022 | 2022 | 2022 |
| 45. 2022 | 2022 | 2022 |
| 46. 2022 | 2022 | 2022 |
| 47. 2022 | 2022 | 2022 |
| 48. 2022 | 2022 | 2022 |
| 49. 2022 | 2022 | 2022 |
| 50. 2022 | 2022 | 2022 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

35

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Short Form | Investments | Total |
| --- | --- | --- |
| 1.0 | Investments | 1,000,000 |
| 2.0 | Investments | 1,000,000 |
| 3.0 | Investments | 1,000,000 |
| 4.0 | Investments | 1,000,000 |
| 5.0 | Investments | 1,000,000 |
| 6.0 | Investments | 1,000,000 |
| 7.0 | Investments | 1,000,000 |
| 8.0 | Investments | 1,000,000 |
| 9.0 | Investments | 1,000,000 |
| 10.0 | Investments | 1,000,000 |

---

---

---

---

The accompanying Notes to Financial Statements are an integral part of this schedule.

33

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Investment | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |  |  |  |  |  |  |  |  |  |

| Energy | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

The accompanying Notes to Financial Statements are an integral part of this schedule.

43

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Management | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Technical | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Insurance | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 |  |  |  |  |  |  |  |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |  |  |  |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

The accompanying Notes to Financial Statements are an integral part of this schedule.

41

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| COMMERCIAL ITEMS | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| COMMERCIAL ITEMS | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| COMMERCIAL ITEMS | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

82

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| Total Assets (losses) in millions of dollars | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Net assets acquired | $1,000,000 | $1,000,000 | $1,000,000 |
| Cash and cash equivalents | $1,000,000 | $1,000,000 | $1,000,000 |
| Total assets acquired | $1,000,000 | $1,000,000 | $1,000,000 |
| Total assets acquired | $1,000,000 | $1,000,000 | $1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

The accompanying Notes to Financial Statements are an integral part of this schedule.

44

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

The following is the following items and the following items are not included in the following items. The following items are not included in the following items.

The following items are not included in the following items.

The accompanying Notes to Financial Statements are an integral part of this schedule.

44

# Diversified Income Plus Fund

Schedule of Investments as of December 31, 2022

| 2022 | March 2022 | 2022 | March 2022 | 2022 |
| --- | --- | --- | --- | --- |
| 1 | 2 | 3 | 4 | 5 |
| 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 |
| 31 | 32 | 33 | 34 | 35 |
| 36 | 37 | 38 | 39 | 40 |
| 41 | 42 | 43 | 44 | 45 |
| 46 | 47 | 48 | 49 | 50 |
| 51 | 52 | 53 | 54 | 55 |
| 56 | 57 | 58 | 59 | 60 |
| 61 | 62 | 63 | 64 | 65 |
| 66 | 67 | 68 | 69 | 70 |
| 71 | 72 | 73 | 74 | 75 |
| 76 | 77 | 78 | 79 | 80 |
| 81 | 82 | 83 | 84 | 85 |
| 86 | 87 | 88 | 89 | 90 |
| 91 | 92 | 93 | 94 | 95 |
| 96 | 97 | 98 | 99 | 100 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

The accompanying Notes to Financial Statements are an integral part of this schedule.

45

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Total Annual Shareholders | Principal | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- |
| Total Current Assets | 1,000,000 | 1,000,000 | 1,000,000 |
| Total Current Assets | 1,000,000 | 1,000,000 | 1,000,000 |
| Total Current Assets | 1,000,000 | 1,000,000 | 1,000,000 |
| Total Current Assets | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

45

Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

The accompanying Notes to Financial Statements are an integral part of this schedule.

41

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| 1 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| 2 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
| 3 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
| 4 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
| 5 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| 6 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
| 7 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| 8 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| 9 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| 10 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| 11 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 12 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

22

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Total | 31,248 | CR 997,411 | PR 9,000 | CR 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- |
| Total | 31,248 | CR 997,411 | PR 9,000 | CR 1,000,000 | 1,000,000 | 1,000,000 |
| Total | 31,248 | CR 997,411 | PR 9,000 | CR 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

22

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| PHASE | 1.000 | 1.000 | 1.000 | 1.000 |
| --- | --- | --- | --- | --- |
| Amount | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed in the United States | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed in the United Kingdom | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed in the United States of America | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed in the United Kingdom of Canada | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed in the United States of America | 1.000 | 1.000 | 1.000 | 1.000 |
| Committed in the United Kingdom of Canada | 1.000 | 1.000 | 1.000 | 1.000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

33

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Period | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr | 6th Qtr | 7th Qtr | 8th Qtr |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2023 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2024 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2025 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2026 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2027 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2028 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2029 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

51

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Projected | 12,000 | 12,000 | 12,000 | 12,000 |
| --- | --- | --- | --- | --- |
| Amount | 12,000 | 12,000 | 12,000 | 12,000 |
| Financing | 12,000 | 12,000 | 12,000 | 12,000 |
| Amount | 12,000 | 12,000 | 12,000 | 12,000 |
| Income | 12,000 | 12,000 | 12,000 | 12,000 |
| Income Before Taxes | 12,000 | 12,000 | 12,000 | 12,000 |
| Income Before Taxes | 12,000 | 12,000 | 12,000 | 12,000 |
| Income Before Taxes | 12,000 | 12,000 | 12,000 | 12,000 |
| Income Before Taxes | 12,000 | 12,000 | 12,000 | 12,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

52

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Corporate | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- |
| Financing | 1,000,000 | 1,000,000 | 1,000,000 |
| Income | 1,000,000 | 1,000,000 | 1,000,000 |
| Income Before Taxes | 1,000,000 | 1,000,000 | 1,000,000 |
| Income Before Taxes | 1,000,000 | 1,000,000 | 1,000,000 |
| Income Before Taxes | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

53

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

![img-2.jpeg](img-2.jpeg)

---

The accompanying Notes to Financial Statements are an integral part of this schedule.

64

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Proposed | 1,000,000 | 1,000,000 | Proposed | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Authorised | 1,000,000 | 1,000,000 | Authorised | 1,000,000 | 1,000,000 |
| Transcribed | 1,000,000 | 1,000,000 | Untranscribed | 1,000,000 | 1,000,000 |
| 1st | 1,000,000 | 1,000,000 | 1st | 1,000,000 | 1,000,000 |
| 2nd | 1,000,000 | 1,000,000 | 2nd | 1,000,000 | 1,000,000 |
| 3rd | 1,000,000 | 1,000,000 | 3rd | 1,000,000 | 1,000,000 |
| 4th | 1,000,000 | 1,000,000 | 4th | 1,000,000 | 1,000,000 |
| 5th | 1,000,000 | 1,000,000 | 5th | 1,000,000 | 1,000,000 |
| 6th | 1,000,000 | 1,000,000 | 6th | 1,000,000 | 1,000,000 |
| 7th | 1,000,000 | 1,000,000 | 7th | 1,000,000 | 1,000,000 |
| 8th | 1,000,000 | 1,000,000 | 8th | 1,000,000 | 1,000,000 |
| 9th | 1,000,000 | 1,000,000 | 9th | 1,000,000 | 1,000,000 |

---

The accompanying Notes to Financial Statements are an integral part of this schedule.

55

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022[{"box_2d": [15, 32, 475, 89], "label": "table", "caption": "

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |
| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |
| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

| 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| --- | --- | --- | --- | --- | --- | --- |

<table><tr><td>10,000</td><td>10,000</td><td>10,000</td><

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022[{"box_2d": [15, 30, 475, 406], "label": "table", "caption": "

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

| Project | Value | Value |
| --- | --- | --- |
| Financial Services | 1,000.00 | 1,000.00 |
| Financial Services | 1,000.00 | 1,000.00 |

<table><thead><tr><th>Project</th><th>Value</th><th>Value</th></tr></thead><tr><td>Financial Services</td><td>1,000

Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| a. Deposits | Deposits | Deposits | Deposits | Deposits |
| --- | --- | --- | --- | --- |
| b. Deposits | Deposits | Deposits | Deposits | Deposits |
| c. Deposits | Deposits | Deposits | Deposits | Deposits |
| d. Deposits | Deposits | Deposits | Deposits | Deposits |
| e. Deposits | Deposits | Deposits | Deposits | Deposits |
| f. Deposits | Deposits | Deposits | Deposits | Deposits |
| g. Deposits | Deposits | Deposits | Deposits | Deposits |
| h. Deposits | Deposits | Deposits | Deposits | Deposits |
| i. Deposits | Deposits | Deposits | Deposits | Deposits |
| j. Deposits | Deposits | Deposits | Deposits | Deposits |
| k. Deposits | Deposits | Deposits | Deposits | Deposits |
| l. Deposits | Deposits | Deposits | Deposits | Deposits |
| m. Deposits | Deposits | Deposits | Deposits | Deposits |
| n. Deposits | Deposits | Deposits | Deposits | Deposits |
| o. Deposits | Deposits | Deposits | Deposits | Deposits |
| p. Deposits | Deposits | Deposits | Deposits | Deposits |

The accompanying Notes to Financial Statements are an integral part of this schedule.

34

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| For the year ended December 31, 2022, the following amounts were not available for the year ended December 31, 2022: |  |  |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |
| Income from continuing operations | $1,000,000 | $1,000,000 |
| Income from continuing operations | $1,000,000 | $1,000,000 |
| Income from continuing operations | $1,000,000 | $1,000,000 |
| Income from continuing operations | $1,000,000 | $1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this schedule.

The accompanying Notes to Financial Statements are an integral part of this schedule.

55

Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Income | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Income Margin | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Income Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin Margin |  |  |  |  |  |  |  |  |  |  |

The accompanying Notes to Financial Statements are an integral part of this schedule.

The accompanying Notes to Financial Statements are an integral part of this schedule.

83

# Multidimensional Income Fund

Schedule of Investments as of December 31, 2022

| The following table shows the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results of the various financial instruments and the results |
| --- |

The accompanying Notes to Financial Statements are an integral part of this schedule.

The accompanying Notes to Financial Statements are an integral part of this schedule.

42

Thrivent Mutual Funds

Statement of Assets and Liabilities

| 2017 | 2018 | 2019 | 2020 | 2021 |
| --- | --- | --- | --- | --- |
| 2017 | 2018 | 2019 | 2020 | 2021 |
| 2017 | 2018 | 2019 | 2020 | 2021 |
| 2017 | 2018 | 2019 | 2020 | 2021 |
| 2017 | 2018 | 2019 | 2020 | 2021 |

![img-0.jpeg](img-0.jpeg)

The accompanying Notes to Financial Statements are an integral part of this statement.

42

# Thrivent Mutual Funds

## Statement of Operations

| 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 |
| --- | --- | --- | --- | --- | --- |
| 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 |
| 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 |

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

A2

The accompanying Notes in Financial Statements are an integral part of this statement.

# Thrivent Mutual Funds

## Statement of Changes in Net Assets

| Statement of Changes in Net Assets | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- |
| Statement of Changes in Net Assets | 1,000,000 | 1,000,000 | 1,000,000 |
| Statement of Changes in Net Assets | 1,000,000 | 1,000,000 | 1,000,000 |
| Statement of Changes in Net Assets | 1,000,000 | 1,000,000 | 1,000,000 |

The accompanying Notes to Financial Statements are an integral part of this statement.

43

Thrivent Mutual Funds

Notes to Financial Statements

December 15, 2019

The financial statements of the financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided by the Financial Statements. The financial statements are based on the information provided

66

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

The following table shows the financial statements for the period 31 March 2020 and 31 April 2020. The data is presented in the following table for the period 31 March 2020 and 31 April 2020. The data is presented in the following table for the period 31 March 2020 and 31 April 2020.

44

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2015

The financial statements of the financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements. The financial statements are based on the results of the financial statements.

67

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2022

Class A shares
The Funds may also enter into the following financial statements:
1. The Funds may also enter into the following financial statements:
   a. The Funds may also enter into the following financial statements:
      1. The Funds may also enter into the following financial statements:
         1. The Funds may also enter into the following financial statements:
            1. The Funds may also enter into the following financial statements:
              1. The Funds may also enter into the following financial statements:
                    1. The Funds may also enter into the following financial statements:
                        1. The Funds may also enter into the following financial statements:
                            1. The Funds may also enter into the following financial statements:
                                1. The Funds may also enter into the following financial statements:
                                    1. The Funds may also enter into the following financial statements:
                                        1. The Funds may also enter into the following financial statements:
                                            1. The Funds may also enter into the following financial statements:
                                                1. The Funds may also enter into the following financial statements:
                                                    1. The Funds may also enter into the following financial statements:
                                                        1. The Funds may also enter into the following financial statements:
                                                            1. The Funds may also enter into the following financial statements:
                                                                1. The Funds may also enter into the following financial statements:
                                                                    1. The Funds may also enter into the following financial statements:
                                                                        1. The Funds may also enter into the following financial statements:
                                                                            1. The Funds may also enter into the following financial statements:
                                                                                1. The Funds may also enter into the following financial statements:
                                                                     1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements:
                                                                       1. The Funds may also enter into the following financial statements

66

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

default event is said to buy protection when no matter of a credit line of 0.25% and to maximum front-end rates (cost of 0.25%, Class 3

related gain or loss is recorded upon a default event or the maturity

![img-0.jpeg](img-0.jpeg)

44

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

offered as an inducement to the Funds to "roll over" their purchase
of the funds. The funds are not to be sold or sold in the
Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in

A Fund may dispose of a delayed-delivery transaction after it is
that heaps its cash and will not be required to purchase the funds. The funds
are not to be sold or sold in the Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the Funds, but they are not to be sold or sold in the
Funds, but they are not to be sold or sold in the Funds

10

# Thirvent Mutual Funds
Notes to Financial Statements
December 31, 2020

**Bank Loans (Leveraged Loans)** - Certain Funds may invest in unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, un

unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, un

unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, unsecured, un

---

11

# Thirvent Mutual Funds
Notes to Financial Statements
December 31, 2020

result of its investment in any other mutual fund for which the Admiser
independent Trustees for reasonable expenses incurred in relation
to the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements of the financial statements. The financial statements are based on the
statements

12

# Thrivent Mutual Funds
Notes to Financial Statements
December 31, 2022

At December 31, 2022, the following Funds had accumulated

![img-1.jpeg](img-1.jpeg)

---

74---

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

# (7) RELATED PARTY TRANSACTIONS

The following table provides the information in a specific format:

14

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

to bear value. While the Funds' service providers have established likely be negatively affected by portfolio exposure to countries and

16

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

correlations, the Fund does not engage in extension foreign currency. **Interest Rate Risk** - Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt. Interest rate risk is the risk that proves of debt.

10

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

insufficient to meet the obligations of the borrower, or be difficult

![img-0.jpeg](img-0.jpeg)

**Market Risk** - Own time, securities markets generally tend to

![img-1.jpeg](img-1.jpeg)

17

Thrivent Mutual Funds

Notes to Financial Statements

December 31, 2020

and therefore will be subject to greater credit risk than most senior
funded as such in its financial statements. The financial statements
are based on the financial statements of the financial
statements and are based on the financial statements of the
financial statements. The financial statements are based on the
financial statements of the financial statements of the
financial statements.

requirements under the Internal Revenue Code. There is the risk,
the risk of the financial statements and the financial statements
of the financial statements. The financial statements are based on the
financial statements of the financial statements of the
financial statements. The financial statements are based on the
financial statements of the financial statements of the
financial statements.

19

# Thrivent Mutual Funds

# Financial Highlights

Per Share Outstanding Throughout Each Period *

![img-2.jpeg](img-2.jpeg)

The accompanying Notes to Financial Statements are an integral part of this statement.

85

# Thrivent Mutual Funds

## Financial Highlights - continued

### Ratios/Supplemental Data

![img-3.jpeg](img-3.jpeg)

The accompanying Notes to Financial Statements are an integral part of this statement.

81

Additional Information

(unaudited)

# Shareholder Notification of Federal Tax Information

| Year | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 |
| --- | --- | --- | --- | --- | --- | --- |
| 1993 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 1994 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 1995 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 1996 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 1997 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 1998 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 1999 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2000 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |

92

## Additional Information

(unaudited)

4. The cost of services provided and profit realized by the Adviser:
Act of 2003 as follows:

The following table provides the information in a specific format:

99

# Additional Information

(unaudited)

Compliance Officer met regularly between quarterly meetings with the Chair of the Ethics and Compliance Committee and the Chairs of

other Committees communicated with relevant communications between quarterly meetings. The Chair of the Ethics and Compliance Committee and the Chairs of other Committees communicated with relevant communications between quarterly meetings. The Chair of the Ethics and Compliance Committee and the Chairs of other Committees communicated with relevant communications between quarterly meetings. The Chair of the Ethics and Compliance Committee and the Chairs of other Committees communicated with relevant communications between quarterly meetings. The Chair of the Ethics and Compliance Committee and the Chairs of other Committees communicated with relevant communications between quarterly meetings. The Chair of the Ethics and Compliance Committee and the Chairs of other Committees communicated with relevant communications between quarterly meetings. The Chair

94

## Additional Information

(unaudited)

The Board reviewed information prepared by MPs comparing each Fund's overall expense ratio with the expense ratio of its peer group, which can be used to identify the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total of the total

---

99

## Additional Information

(unaudited)

In addition, the Board considered the potential benefits, other than subsidiarity fees, that the Subsidiser and its affiliates may receive the annual calendar renewal contract. The Board also considered information obtained from management throughout the course of the business of the Company's business. The Board also considered information obtained from management throughout the course of the business of the Company's business. The Board also considered information obtained from management throughout the course of the business of the Company's business. The Board also considered information obtained from management throughout the course of the business of the Company's business.

The annual review may not consider with the change in aggregate gains and losses of portfolio securities due to the timing of sales and redemptions of fund shares.

---

99

# Board of Trustees and Officers

The following table provides information about the Trustees and Officers of the Trust. The Board is responsible for the management and

the following table provides information about the Trustees and Officers of the Trust. The Board is responsible for the management and management of the Trustees and Officers of the Trust. The Board is responsible for the management of the Trustees and Officers of the Trust.

![img-4.jpeg](img-4.jpeg)

![img-5.jpeg](img-5.jpeg)

![img-6.jpeg](img-6.jpeg)

![img-7.jpeg](img-7.jpeg)

![img-8.jpeg](img-8.jpeg)

87

Board of Trustees and Officers

James W. Runcie
Co-Founder and CEO of Partnership for Education Advancement since 2017, Board Member of Foliart
Higher Education since 2022, Director and Audit Committee Chair of Class Acceleration Corporation since 2022

The Board of Trustees and Officers has established a position in the Board of Trustees and officers' office. The Board of Trustees and officers' office has been established in the Board of Trustees and officers' office. The Board of Trustees and officers' office has been established in the Board of Trustees and officers' office.

98

# Board of Trustees and Officers

Executive Officers

Principal Occupations During the Past Five Years

By David S. Royal (2013)
Chief Financial Officer, Thirvent since 2022, Executive Vice President, Chief
Investment Officer, Thirvent since 2017, President, Mutual Funds since 2015, Vice
President, Chief Financial Officer, Thirvent since 2022, Executive Vice President, Chief
Investment Officer, Thirvent since 2017, President, Mutual Funds since 2015, Vice
President, Chief Financial Officer, Thirvent since 2022, Executive Vice President, Chief
Investment Officer, Thirvent since 2017, President, Mutual Funds since 2015, Vice
President, Chief Financial Officer, Thirvent since 2022

![img-0.jpeg](img-0.jpeg)

99

The Financial Security Program, The Post Plan, Copyright, Thivent from 2015 to 2020.

This document is the property of Thivent Mutual Funds, Inc. and is not to be used, reproduced, or transferred. The use of this document is prohibited, and the use of the document is prohibited. The use of this document is prohibited, and the use of the document is prohibited. The use of this document is prohibited, and the use of the document is prohibited. The use of this document is prohibited, and the use of the document is prohibited. The use of this document is prohibited, and the use of the document is prohibited. The use of this document is prohibited, and the use of the document is prohibited.

# **A better way to deliver documents**

Thivent Mutual Funds annual and semi-annual shareholder reports are made available on thiventmutualfunds, com/prospectus, and we will notify you by mail each time a report is posted. You may also manage your delivery preferences and sign up for email notifications of reports by enrolling at thivent.com/gopaperless or, if you purchased directly online, by enrolling at thiventfunds.com.

- **If you purchased shares through Thivent:**
  If you wish receive paper copies of a shareholder report for Thivent Mutual Funds in the future, you may

The distributor for Thivent Mutual Funds is Thivent Distributors, LLC, a registered broker-dealer, member of FINRA/SIPC and subsidiary of Thivent, the marketing name for Thivent Financial for Luflorans.

24042AR R2-20

Secretary and Chief Executive Officer

Asset Management & (6) Inc. from 2011 to 2017

The following table provides the information in English:

write to us at 4321 North Ballard Road, Appleton, WI 54919-0001. We will begin to send paper copies of shareholder reports within 30 days of when we receive your request. Reports are also available by visiting thirventmutualfunds.com/prospectus.

If you purchased shares from a firm other than Thirvent:

For paperless delivery or to receive paper copies of a shareholder report for Thirvent Mutual Funds in

Troy A. Beaver (1987) **The President, Mutual Funds Marketing & Distribution**, Thievernance: 2015.
**Beaver & Co.** **Founder of Client Services LLC** consulting firm since 2014. Director and member of the Audit and Risk
**Department of Management of Financial Services** is a member of the Audit and Risk, and staff for and over the general principles of the
**Department of Management of Financial Services** is a member of the Audit and Risk, and staff for and over the general principles of the
**Department of Management of Financial Services** is a member of the Audit and Risk, and staff for and over the general principles of the
**Department of Management of Financial Services** is a member of the Audit and Risk, and staff for and over the general principles of the
**Department of Management of Financial Services** is a member of the Audit and Risk, and staff for and over the general principles of the
**Department of Management of Financial Services** is a member of the Audit and Risk, and staff for and over the general principles of the
**Department of Management of Financial Services** is a member

The Board also corresponds to the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

The Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors, the Board of Directors

Assistant Secretary
Richard L. Pomszyn (1976) 2021
Texas Alumni Association since 2021, Board of Directors, University of Texas Law School Foundation since 2021
Director, Fund Accounting and Valuation, Thawed since 2022, Manager, Mutual
Portfolio Manager for U.S. Department of Labor, 2022
and currency of IBM Retirement Funds from 1997 to 2022.

Robert S. M. (1962) 2006
Texas Alumni Association since 2021, Board of Directors, University of Texas Law School Foundation since 2021
Director, Fund Accounting and Valuation, Thawed since 2022, Manager, Mutual
Portfolio Manager for U.S. Department of Labor, 2022
and currency of IBM Retirement Funds from 1997 to 2022.

[{"box_2d": [27, 24, 487, 80], "label": "list", "caption": "2022 Each Trustee generally is a new, established term and has been developed in the first and second of the Trustee's new term. The provision of the Trustee's new term is not to be used in the first and second of the Trustee's new term.
2023 Each Trustee, other than Mr. Royal and Mr. Kromersak, provides the facilities, Mr. Royal and Mr. Kromersak reserves the same to those of the Trustee's new term. The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2024 The address for each Trustee and other Trustee's new term is not to be used in the first and second of the Trustee's new term.
2025 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2026 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2027 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2028 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2029 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2030 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2031 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2032 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2033 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2034 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2035 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2036 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2037 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2038 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2039 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2040 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2041 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2042 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2043 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2044 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2045 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2046 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2047 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2048 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2049 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2050 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2051 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2052 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2053 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2054 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2055 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2056 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2057 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2058 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2059 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2060 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2061 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2062 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2063 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2064 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2065 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2066 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2067 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2068 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2069 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2070 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2071 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2072 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2073 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2074 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2075 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2076 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2077 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2078 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2079 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2080 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2081 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2082 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2083 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2084 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2085 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2086 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2087 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2088 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2089 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2090 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2091 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2092 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2093 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2094 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2095 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2096 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2097 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2098 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2099 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2100 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2101 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2102 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2103 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2104 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2105 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2106 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2107 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2108 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2109 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2110 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2111 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2112 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2113 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2114 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2115 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2116 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2117 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2118 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2119 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2120 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2121 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2122 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2123 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2124 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2125 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2126 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2127 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2128 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2129 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2130 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2131 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2132 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2133 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2134 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2135 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2136 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2137 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2138 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2139 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2140 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2141 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2142 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2143 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2144 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2145 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2146 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2147 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2148 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2149 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2150 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2151 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2152 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2153 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2154 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2155 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2156 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2157 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2158 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2159 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2160 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2161 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2162 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2163 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2164 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2165 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2166 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2167 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2168 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2169 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2170 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2171 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2172 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2173 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2174 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2175 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2176 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2177 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2178 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2179 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2180 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2181 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2182 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2183 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2184 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2185 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2186 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2187 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2188 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2189 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2190 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2191 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2192 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2193 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2194 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2195 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2196 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2197 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2198 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2199 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2200 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2201 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2202 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2203 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2204 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2205 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2206 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2207 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2208 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2209 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2210 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2211 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2212 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2213 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2214 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2215 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2216 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2217 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2218 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2219 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2220 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2221 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2222 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2223 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2224 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2225 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2226 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2227 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2228 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2229 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2230 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2231 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2232 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2233 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2234 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2235 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2236 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2237 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2238 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2239 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2240 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2241 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2242 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2243 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2244 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2245 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2246 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2247 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2248 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2249 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2250 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2251 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2252 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2253 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2254 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2255 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2256 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2257 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2258 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2259 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2260 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2261 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2262 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2263 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2264 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2265 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2266 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2267 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2268 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2269 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2270 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2271 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2272 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2273 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2274 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2275 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2276 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2277 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2278 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2279 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2280 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2281 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2282 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2283 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2284 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2285 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2286 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2287 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2288 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2289 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2290 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2291 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2292 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2293 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2294 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2295 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2296 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2297 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2298 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2299 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2300 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2301 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2302 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2303 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2304 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2305 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2306 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2307 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2308 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2309 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2310 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2311 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2312 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2313 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2314 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2315 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2316 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2317 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2318 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2319 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2320 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2321 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2322 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2323 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2324 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2325 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2326 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2327 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2328 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2329 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2330 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2331 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2332 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2333 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2334 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2335 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2336 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2337 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2338 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2339 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2340 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2341 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2342 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2343 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2344 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2345 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2346 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2347 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2348 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2349 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2350 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2351 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2352 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2353 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2354 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2355 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2356 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2357 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2358 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2359 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2360 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2361 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2362 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2363 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2364 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2365 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2366 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2367 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2368 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2369 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2370 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2371 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2372 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2373 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2374 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2375 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2376 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2377 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2378 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2379 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2380 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2381 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2382 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2383 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2384 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2385 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2386 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2387 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2388 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2389 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2390 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2391 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2392 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2393 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2394 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2395 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2396 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2397 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2398 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2399 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2400 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2401 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2402 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2403 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2404 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2405 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2406 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2407 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2408 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2409 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2410 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2411 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2412 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2413 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2414 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2415 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2416 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2417 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2418 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2419 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2420 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2421 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2422 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2423 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2424 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2425 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2426 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2427 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2428 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2429 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2430 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2431 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2432 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2433 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2434 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2435 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2436 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2437 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2438 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2439 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2440 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2441 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2442 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2443 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2444 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2445 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2446 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2447 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2448 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2449 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2450 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2451 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2452 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2453 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2454 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2455 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2456 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2457 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2458 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2459 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2460 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2461 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2462 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2463 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2464 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2465 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2466 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2467 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2468 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2469 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2470 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2471 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2472 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2473 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2474 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2475 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2476 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2477 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2478 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2479 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2480 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2481 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2482 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2483 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2484 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2485 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2486 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2487 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2488 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2489 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2490 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2491 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2492 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2493 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2494 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2495 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2496 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2497 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2498 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2499 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2500 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2501 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2502 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2503 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2504 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2505 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2506 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2507 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2508 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2509 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2510 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2511 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2512 The Trustee's new term is not to be used in the first and second of the Trustee's new term.
2513 The Trustee's new

## Ex-99.Cert

**Certification**

I, David S. Royal, certify that:

1. I have reviewed this report on Form N-CSR of Thrivent Mutual Funds;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. &nbsp;&nbsp;&nbsp;&nbsp;

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: February 27, 2023&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ David S. Royal&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

David S. Royal

President and Chief Investment Officer

(principal executive officer)

**Certification**

I, Sarah L. Bergstrom, certify that:

1. I have reviewed this report on Form N-CSR of Thrivent Mutual Funds;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. &nbsp;&nbsp;&nbsp;&nbsp;

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: February 27, 2023&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ Sarah L. Bergstrom &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

Sarah L. Bergstrom

Treasurer and Principal Accounting Officer

(principal financial officer)

## Exhibit 99.906

# Certification Under Section 906 of Sarbanes-Oxley Act of 2002
Name of Registrant: Thrivent Mutual Funds

In connection with the Report on Form N-CSR for the above-named issuer, the undersigned hereby certify, to the best of their knowledge, that:

1. &nbsp;&nbsp;&nbsp;&nbsp;

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. &nbsp;&nbsp;&nbsp;&nbsp;

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Issuer.

Date: February 27, 2023&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ David S. Royal&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

David S. Royal

President and Chief Investment Officer

(principal executive officer)

Date: February 27, 2023&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ Sarah L. Bergstrom &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

Sarah L. Bergstrom

Treasurer and Principal Accounting Officer

(principal financial officer)

## Ex-99.Code

## CODE OF ETHICS
(Sarbanes-Oxley Act of 2002, Section 406)

for

PRINCIPAL EXECUTIVE OFFICER

PRINCIPAL FINANCIAL OFFICER

AND

PRINCIPAL ACCOUNTING OFFICER

OF

THRIVENT MUTUAL FUNDS

THRIVENT CASH MANAGEMENT TRUST

THRIVENT SERIES FUND, INC.

THRIVENT CORE FUNDS

AND

THRIVENT CHURCH LOAN AND INCOME FUND

**November 14, 2018**

**I.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CODE OF ETHICS**

It is the policy of the Thrivent Mutual Funds, Thrivent Cash Management Trust, Thrivent Series Fund, Inc., Thrivent Core Funds and Thrivent Church Loan and Income Fund (collectively, the "**Funds**") that the President, as chief executive officer, and the Treasurer, as chief financial officer and chief accounting officer (or persons performing similar functions), of each Fund adhere to and advocate the following principles governing their professional and ethical conduct in the fulfillment of their responsibilities:

A. Act with honesty and integrity, and ethically handle actual or apparent conflicts between his or her personal, private interests and the interests of the Funds, including receiving improper personal benefits as a result of his or her position.

B. &nbsp;&nbsp;&nbsp;&nbsp; Take such actions as are necessary as to ensure that periodic reports filed with the Securities and Exchange Commission and other public communications contain information which provides full, fair, accurate, timely and understandable disclosure. Such actions shall include adoption and maintenance of adequate disclosure controls and procedures.

C. &nbsp;&nbsp;&nbsp;&nbsp; Comply with laws of federal, state, and local governments applicable to the Funds, and the rules and regulations of private and public regulatory agencies having jurisdiction over the Funds.

D. Act in good faith, responsibly, with due care and diligence, without misrepresenting or omitting material facts or allowing independent judgment to be compromised.

E. &nbsp;&nbsp;&nbsp;&nbsp; Respect the confidentiality of information acquired in the course of the performance of his or her responsibilities except when authorized or otherwise legally obligated to disclose such information. Do not use confidential information acquired in the course of the performance of his or her responsibilities for personal advantage.

F. &nbsp;&nbsp;&nbsp;&nbsp; Proactively promote ethical behavior among subordinates and peers.

G. Use Fund assets and resources employed or entrusted in a responsible manner.

H. Do not use Fund information, assets, opportunities or one's position with the Funds for personal gain. Do not compete directly or indirectly with the Funds.

I. &nbsp;&nbsp;&nbsp;&nbsp; Promptly report any violation of this Code to the Chief Compliance Officer.

J. &nbsp;&nbsp;&nbsp;&nbsp; Comply in all respects with (a) the Funds' Code of Ethics; (b) Thrivent Financial for Lutheran's Code of Conduct, and (c) Thrivent Financial for Lutherans' and Thrivent Asset Management, LLC's Policy on Insider Trading.

K. Acknowledge and certify compliance with the foregoing annually and file a copy of such certification with the Audit Committee of each Fund's Board of Directors/Trustees ("Fund Board").

II.&nbsp;&nbsp;&nbsp;&nbsp; ADMINISTRATION OF CODE

A.&nbsp;&nbsp;&nbsp;&nbsp; <u>Chief Compliance Officer.</u>

The Independent Directors of each Fund Board shall appoint a Chief Compliance Officer, who shall have overall responsibility for ensuring this Code is adhered to. In such capacity, the Chief Compliance Officer shall report to each Fund Board's Audit Committee. The Chief Compliance Officer shall be a person who has sufficient status within Thrivent Financial for Lutherans to engender respect for the Code and the authority adequately to deal with the persons subject to the Code regardless of their stature in the company.

B.&nbsp;&nbsp;&nbsp;&nbsp; <u>Amendments</u>

Any material amendment to this Code shall be disclosed in accordance with the requirements of Rule 30b2-1(a) under the Investment Company Act of 1940, as amended (the "1940 Act"), and form N-CSR. Form N-CSR does not require disclosure of technical, administrative or other non-substantive amendments.

C.&nbsp;&nbsp;&nbsp;&nbsp; <u>Waivers</u>

A waiver of a provision of this Code must be requested whenever there is a reasonable likelihood that a contemplated action will violate the Code. Requests for waivers must be in writing and submitted to the Chief Compliance Officer, who shall make a recommendation to the Audit Committee for final determination. Any waiver or implicit waiver shall be disclosed in accordance with the requirements of Rule 30b2-1(a) under the 1940 Act and Form N-CSR.

As used herein, "waiver" means any approval by the Audit Committee of a material departure from a provision of this Code. "Implicit waiver" means failure by the Chief Compliance Officer or the Audit Committee to take action within a reasonable period of time regarding a material departure from a provision of the Code that has been made known to an executive officer (as defined by Rule 3b-7 under the Securities Exchange Act of 1934, as amended) of the Funds.

D.&nbsp;&nbsp;&nbsp;&nbsp; <u>Violations</u>

Upon learning of a violation or potential violation of this Code, the Chief Compliance Officer shall prepare a written report to Audit Committee providing full details and recommendations for further action.

The Audit Committee will, in consultation with the Chief Compliance Officer and/or such legal counsel as the Audit Committee deems appropriate, make the final determination of whether a violation has occurred and the action, if any, to be taken in response thereto. The Audit Committee may take into account the qualitative and quantitative materiality of the violation from the perspective of either the determent to the Fund or the benefit to the violating officer, the policy behind the provision violated and such other facts and circumstances as it deems advisable under all of the facts and circumstances.

Any material violation shall be reported in accordance with the requirements of Rule 30b2-1 of the 1940 Act and Form N-CSR.

E.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Regulatory Filing</u>

A copy of this Code of Ethics shall be filed as an exhibit to each Fund's annual report on Form N-CSR.

F.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Records</u>

The Chief Compliance Officer or Chief Legal Officer shall retain copies of all records required by Form N-CSR and/or rules and regulations promulgated under the 1940 Act.

## Cover

**Thrivent Mutual Funds**

**901 Marquette Avenue, Suite 2500**

**Minneapolis, Minnesota 55402-3211**

February 27, 2023

Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

RE:&nbsp;&nbsp;&nbsp;&nbsp; Thrivent Mutual Funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form N-CSR Annual Report to Shareholders

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1940 Act File No. 811-05075

Ladies and Gentlemen:

On behalf of Thrivent Mutual Funds (the "Registrant"), I am transmitting herewith for filing electronically with the Securities and Exchange Commission a copy of the Registrant's annual report on Form N-CSR.

If you have any questions, please call me at (612) 844-7190.

Sincerely,

/s/ John D. Jackson

John D. Jackson

Secretary and Chief Legal Officer