# EDGAR Filing Document

**Accession Number:** 0000924211
**File Stem:** 0000924211-26-000002
**Filing Date:** 2026-3
**Character Count:** 429372
**Document Hash:** 03c254314e0e2e646ef2da91c091a8a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000924211-26-000002.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0000924211-26-000002

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 18

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**EFFECTIVENESS DATE**: 20260327

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS INC
- **CENTRAL INDEX KEY:** 0000924211

**ORGANIZATION NAME:**
- **EIN:** 431677617
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08532
- **FILM NUMBER:** 26801953

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** 816-531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TWENTIETH CENTURY STRATEGIC PORTFOLIOS INC /MO/
- **DATE OF NAME CHANGE:** 19951130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TWENTIETH CENTURY INSTITUTIONAL PORTFILIOS INC
- **DATE OF NAME CHANGE:** 19940531

## Series and Classes Contracts Data

### STRATEGIC ALLOCATION: AGGRESSIVE FUND (Series ID: S000005931)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000016318 | R CLASS        | AAARX           |
| C000016319 | INVESTOR CLASS | TWSAX           |
| C000016320 | A CLASS        | ACVAX           |
| C000016321 | I CLASS        | AAAIX           |
| C000016324 | C CLASS        | ASTAX           |
| C000131619 | R6 CLASS       | AAAUX           |
| C000189654 | R5 CLASS       | ASAUX           |

### STRATEGIC ALLOCATION: MODERATE FUND (Series ID: S000005932)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000016325 | INVESTOR CLASS | TWSMX           |
| C000016326 | A CLASS        | ACOAX           |
| C000016327 | I CLASS        | ASAMX           |
| C000016330 | C CLASS        | ASTCX           |
| C000016331 | R CLASS        | ASMRX           |
| C000131620 | R6 CLASS       | ASMDX           |
| C000189655 | R5 CLASS       | ASMUX           |

### STRATEGIC ALLOCATION: CONSERVATIVE FUND (Series ID: S000005933)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000016332 | R CLASS        | AACRX           |
| C000016333 | INVESTOR CLASS | TWSCX           |
| C000016334 | A CLASS        | ACCAX           |
| C000016335 | I CLASS        | ACCIX           |
| C000016338 | C CLASS        | AACCX           |
| C000131621 | R6 CLASS       | AACDX           |
| C000189656 | R5 CLASS       | AACGX           |

?xml version='1.0' encoding='ASCII'? ck0000924211-20260131

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investment Company Act file number | Investment Company Act file number | **811-08532** | **811-08532** | **811-08532** |
| **AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.** | **AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.** | **AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.** | **AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.** | **AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.** |
| (Exact name of registrant as specified in charter) | (Exact name of registrant as specified in charter) | (Exact name of registrant as specified in charter) | (Exact name of registrant as specified in charter) | (Exact name of registrant as specified in charter) |
| **4500 MAIN STREET, KANSAS CITY, MISSOURI** | **4500 MAIN STREET, KANSAS CITY, MISSOURI** | **4500 MAIN STREET, KANSAS CITY, MISSOURI** | **4500 MAIN STREET, KANSAS CITY, MISSOURI** | **64111** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |
| **JOHN PAK<br>4500 MAIN STREET, KANSAS CITY, MISSOURI 64111** | **JOHN PAK<br>4500 MAIN STREET, KANSAS CITY, MISSOURI 64111** | **JOHN PAK<br>4500 MAIN STREET, KANSAS CITY, MISSOURI 64111** | **JOHN PAK<br>4500 MAIN STREET, KANSAS CITY, MISSOURI 64111** | **JOHN PAK<br>4500 MAIN STREET, KANSAS CITY, MISSOURI 64111** |
| (Name and address of agent for service) | (Name and address of agent for service) | (Name and address of agent for service) | (Name and address of agent for service) | (Name and address of agent for service) |
| Registrant's telephone number, including area code: | Registrant's telephone number, including area code: | Registrant's telephone number, including area code: | **816-531-5575** | **816-531-5575** |
| Date of fiscal year end: | **07-31** | **07-31** | **07-31** | **07-31** |
| Date of reporting period: | **01-31-2026** | **01-31-2026** | **01-31-2026** | **01-31-2026** |

---

------

**ITEM 1. REPORTS TO STOCKHOLDERS.**

(a) Provided under separate cover.

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **Investor Class (TWSCX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Investor Class | $36 | 0.70% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085101

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **I Class (ACCIX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| I Class | $26 | 0.50% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085879

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **A Class (ACCAX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| A Class | $49 | 0.95% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085309

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **C Class (AACCX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| C Class | $88 | 1.70% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085739

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R Class (AACRX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R Class | $62 | 1.20% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085721

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R5 Class (AACGX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R5 Class | $26 | 0.50% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085523

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Conservative Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R6 Class (AACDX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Conservative Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R6 Class | $18 | 0.35% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $285200120 |
| Management Fees (dollars paid during the reporting period) | $852295 |
| Portfolio Turnover Rate | 41% |
| Total Number of Portfolio Holdings | 986 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 41.7% |
| Common Stocks | 18.2% |
| U.S. Treasury Securities | 13.5% |
| Corporate Bonds | 5.4% |
| U.S. Government Agency Mortgage-Backed Securities | 5.4% |
| Sovereign Governments and Agencies | 4.3% |
| Collateralized Mortgage Obligations | 2.6% |
| Asset-Backed Securities | 1.1% |
| Commercial Mortgage-Backed Securities | 0.7% |
| Municipal Securities | 0.4% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.8% |
| Other Assets and Liabilities | (1.2)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085648

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **Investor Class (TWSMX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Investor Class | $35 | 0.67% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085408

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **I Class (ASAMX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| I Class | $25 | 0.47% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085861

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **A Class (ACOAX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| A Class | $48 | 0.92% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085606

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **C Class (ASTCX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| C Class | $87 | 1.67% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085846

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R Class (ASMRX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R Class | $61 | 1.17% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085820

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R5 Class (ASMUX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R5 Class | $25 | 0.47% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085515

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Moderate Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R6 Class (ASMDX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Moderate Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R6 Class | $17 | 0.32% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $777601702 |
| Management Fees (dollars paid during the reporting period) | $2217191 |
| Portfolio Turnover Rate | 36% |
| Total Number of Portfolio Holdings | 997 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 50.1% |
| Common Stocks | 24.5% |
| U.S. Treasury Securities | 8.0% |
| U.S. Government Agency Mortgage-Backed Securities | 3.3% |
| Sovereign Governments and Agencies | 3.2% |
| Corporate Bonds | 3.2% |
| Collateralized Mortgage Obligations | 1.7% |
| Asset-Backed Securities | 0.7% |
| Commercial Mortgage-Backed Securities | 0.4% |
| Municipal Securities | 0.3% |
| Exchange-Traded Funds | 0.1% |
| Preferred Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 6.6% |
| Other Assets and Liabilities | (2.1)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085630

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **Investor Class (TWSAX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Investor Class | $32 | 0.61% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085705

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **I Class (AAAIX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| I Class | $22 | 0.41% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085853

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **A Class (ACVAX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| A Class | $45 | 0.86% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085887

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **C Class (ASTAX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| C Class | $85 | 1.61% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085838

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R Class (AAARX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R Class | $59 | 1.11% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085713

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R5 Class (ASAUX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R5 Class | $22 | 0.41% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085499

------

**SEMIANNUAL SHAREHOLDER REPORT**

Strategic Allocation: Aggressive Fund ![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| | |
|:---|:---|
| **R6 Class (AAAUX)**  | **January 31, 2026** |

---

This semi-annual shareholder report contains important information about Strategic Allocation: Aggressive Fund for the period of August 1, 2025 to January 31, 2026. You can find additional information about the fund at americancentury.com/docs. You can also request this information by contacting us at 1-800-345-2021.

---

| | | |
|:---|:---|:---|
| **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* | **What were the fund costs for the last six months?** *(based on a hypothetical $10,000 investment)* |
|  | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| R6 Class | $14 | 0.26% |

---

---

| | |
|:---|:---|
| **Fund Statistics**  | |
| Net Assets | $732191215 |
| Management Fees (dollars paid during the reporting period) | $1719739 |
| Portfolio Turnover Rate | 32% |
| Total Number of Portfolio Holdings | 902 |

---

**Fund Holdings**

---

| | |
|:---|:---|
| **Types of Investments in Portfolio** *(as a % of net assets)* | **Types of Investments in Portfolio** *(as a % of net assets)* |
| Affiliated Funds | 58.2% |
| Common Stocks | 30.2% |
| Corporate Bonds | 2.4% |
| U.S. Government Agency Mortgage-Backed Securities | 2.0% |
| U.S. Treasury Securities | 2.0% |
| Sovereign Governments and Agencies | 1.3% |
| Collateralized Mortgage Obligations | 1.0% |
| Convertible Preferred Securities | 0.6% |
| Asset-Backed Securities | 0.4% |
| Commercial Mortgage-Backed Securities | 0.3% |
| Exchange-Traded Funds | 0.2% |
| Preferred Securities | 0.0% |
| Municipal Securities | 0.0% |
| Rights | 0.0% |
| Short-Term Investments | 7.7% |
| Other Assets and Liabilities | (6.3)% |

---

*For additional information about the fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy voting information, scan the QR code or visit americancentury.com/docs.*

![QR ACI Docs.jpg](ck0000924211-20260131_g2.jpg)

 <br>©2026 American Century Proprietary Holdings, Inc. All rights reserved.

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

S-25085622

------

(b) Not applicable.

**ITEM 2. CODE OF ETHICS.**

Not applicable for semiannual report filings.

**ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.**

Not applicable for semiannual report filings.

**ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.**

Not applicable for semiannual report filings.

**ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.**

Not applicable for semiannual report filings.

**ITEM 6. INVESTMENTS.**

(a) The schedule of investments is included as part of the financial statements and other information filed under Item 7 of this Form.

(b) Not applicable.

**ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.**

(a) ------

&nbsp;&nbsp;&nbsp;&nbsp;

![ACI_Horiz_RGB_Black.jpg](ck0000924211-20260131_g1.jpg)

---

| |
|:---|
| Semiannual Financial Statements and Other Information |
| January 31, 2026 |
| Strategic Allocation: Conservative Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor Class (TWSCX) |
| &nbsp;&nbsp;&nbsp;&nbsp;I Class (ACCIX) |
| &nbsp;&nbsp;&nbsp;&nbsp;A Class (ACCAX) |
| &nbsp;&nbsp;&nbsp;&nbsp;C Class (AACCX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R Class (AACRX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R5 Class (AACGX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R6 Class (AACDX) |
| Strategic Allocation: Moderate Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor Class (TWSMX) |
| &nbsp;&nbsp;&nbsp;&nbsp;I Class (ASAMX) |
| &nbsp;&nbsp;&nbsp;&nbsp;A Class (ACOAX) |
| &nbsp;&nbsp;&nbsp;&nbsp;C Class (ASTCX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R Class (ASMRX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R5 Class (ASMUX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R6 Class (ASMDX) |
| Strategic Allocation: Aggressive Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor Class (TWSAX) |
| &nbsp;&nbsp;&nbsp;&nbsp;I Class (AAAIX) |
| &nbsp;&nbsp;&nbsp;&nbsp;A Class (ACVAX) |
| &nbsp;&nbsp;&nbsp;&nbsp;C Class (ASTAX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R Class (AAARX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R5 Class (ASAUX) |
| &nbsp;&nbsp;&nbsp;&nbsp;R6 Class (AAAUX) |

---

***Investors should carefully consider a fund's investment objectives, risks, charges and expenses. For this and additional information about a fund, including the Annual Shareholder Report, Semiannual Shareholder Report, Prospectus and Statement of Additional Information, visit americancentury.com/docs.***

------

**Table of Contents**

---

| | |
|:---|:---|
| Schedules of Investments | [2](#i7c0343e3af044bb9b2467576600f7b45_103) |
| Statements of Assets and Liabilities | [93](#i7c0343e3af044bb9b2467576600f7b45_40) |
| Statements of Operations | [97](#i7c0343e3af044bb9b2467576600f7b45_43) |
| Statements of Changes in Net Assets | [99](#i7c0343e3af044bb9b2467576600f7b45_46) |
| Notes to Financial Statements | [101](#i7c0343e3af044bb9b2467576600f7b45_49) |
| Financial Highlights | [111](#i7c0343e3af044bb9b2467576600f7b45_127) |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

**JANUARY 31, 2026 (UNAUDITED)**

---

| | | |
|:---|:---|:---|
|<br>**AFFILIATED FUNDS**<sup>(1)</sup> **— 41.7%** | **Shares/Principal<br>Amount** | **Value** |
| American Century Diversified Corporate Bond ETF | 324082 | $15379311 |
| American Century Focused Dynamic Growth ETF<sup>(2)</sup> | 38749 | 4907948 |
| American Century Focused Large Cap Value ETF | 63973 | 5064103 |
| American Century Multisector Income ETF | 346566 | 15363271 |
| American Century Quality Diversified International ETF | 84853 | 5729275 |
| American Century Short Duration Strategic Income ETF | 251577 | 13041752 |
| American Century U.S. Quality Growth ETF | 141462 | 15931450 |
| American Century U.S. Quality Value ETF<sup>(3)</sup> | 258823 | 17752670 |
| Avantis International Equity ETF | 73943 | 6424907 |
| Avantis International Small Cap Value ETF | 21299 | 2153755 |
| Avantis U.S. Equity ETF<sup>(3)</sup> | 129739 | 15006910 |
| Avantis U.S. Small Cap Value ETF | 19702 | 2152837 |
| **TOTAL AFFILIATED FUNDS**<br>(Cost $86,119,064) |  | **118908189** |
| **COMMON STOCKS — 18.2%** |  |  |
| **Aerospace and Defense — 0.5%** |  |  |
| AAR Corp.<sup>(2)</sup> | 252 | 26689 |
| Airbus SE | 562 | 128670 |
| Astronics Corp.<sup>(2)</sup> | 310 | 23482 |
| ATI, Inc.<sup>(2)</sup> | 223 | 26827 |
| Axon Enterprise, Inc.<sup>(2)</sup> | 213 | 103003 |
| Babcock International Group PLC | 1501 | 29594 |
| Carpenter Technology Corp. | 74 | 23519 |
| CSG NV<sup>(2)</sup> | 1047 | 37921 |
| Curtiss-Wright Corp. | 198 | 130025 |
| Exosens SAS | 402 | 25752 |
| HEICO Corp. | 315 | 104237 |
| Hexcel Corp. | 926 | 76682 |
| Howmet Aerospace, Inc. | 1425 | 296514 |
| Karman Holdings, Inc.<sup>(2)</sup> | 203 | 21071 |
| L3Harris Technologies, Inc. | 468 | 160454 |
| Rheinmetall AG | 42 | 88992 |
| Rocket Lab Corp.<sup>(2)</sup> | 1297 | 103851 |
|  |  | 1407283 |
| **Air Freight and Logistics — 0.1%** |  |  |
| Deutsche Post AG | 1716 | 95973 |
| FedEx Corp. | 174 | 56072 |
|  |  | 152045 |
| **Automobile Components — 0.1%** |  |  |
| BorgWarner, Inc. | 1034 | 49022 |
| Cie Generale des Etablissements Michelin SCA | 3630 | 134802 |
| Continental AG | 1252 | 98519 |
| Gentex Corp. | 2343 | 53912 |
| JTEKT Corp. | 2300 | 27158 |
| Linamar Corp. | 728 | 46151 |
|  |  | 409564 |
| **Automobiles — 0.2%** |  |  |
| Bayerische Motoren Werke AG | 904 | 93094 |
| Ferrari NV | 329 | 109737 |
| Kia Corp. | 212 | 22557 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Mercedes-Benz Group AG | 1362 | $93085 |
| Suzuki Motor Corp. | 4600 | 62721 |
| Tesla, Inc.<sup>(2)</sup> | 500 | 215205 |
|  |  | 596399 |
| **Banks — 1.1%** |  |  |
| AIB Group PLC | 6917 | 77319 |
| AL Sydbank | 199 | 18022 |
| Banco do Brasil SA | 5200 | 24830 |
| Banco Santander SA | 6184 | 78958 |
| Bancorp, Inc.<sup>(2)</sup> | 308 | 18308 |
| Bank of America Corp. | 3598 | 191414 |
| Bankinter SA | 883 | 15073 |
| Barclays PLC | 22266 | 148605 |
| BAWAG Group AG<sup>(2)</sup> | 199 | 32372 |
| BNP Paribas SA | 1436 | 155278 |
| BPER Banca SpA<sup>(3)</sup> | 2341 | 32969 |
| Coastal Financial Corp.<sup>(2)</sup> | 128 | 12260 |
| Commerce Bancshares, Inc. | 3366 | 177186 |
| Erste Group Bank AG | 807 | 104917 |
| First Hawaiian, Inc. | 2900 | 76995 |
| Hana Financial Group, Inc. | 669 | 46483 |
| HDFC Bank Ltd. | 9200 | 93024 |
| Itau Unibanco Holding SA, Preference Shares | 6800 | 58442 |
| JPMorgan Chase & Co. | 662 | 202499 |
| Lloyds Banking Group PLC | 86132 | 128613 |
| Mebuki Financial Group, Inc.<sup>(3)</sup> | 4800 | 36212 |
| NOBA Bank Group AB<sup>(2)</sup> | 1617 | 20994 |
| NU Holdings Ltd., Class A<sup>(2)</sup> | 9773 | 173471 |
| Prosperity Bancshares, Inc. | 2010 | 138710 |
| Rakuten Bank Ltd.<sup>(2)</sup> | 2300 | 110074 |
| Regions Financial Corp. | 6159 | 175531 |
| Societe Generale SA | 3945 | 345698 |
| Suruga Bank Ltd. | 3200 | 40192 |
| Triumph Financial, Inc.<sup>(2)</sup> | 140 | 8833 |
| Truist Financial Corp. | 2465 | 126750 |
| U.S. Bancorp | 2473 | 138760 |
| United Overseas Bank Ltd. | 3500 | 105487 |
| Westamerica Bancorporation | 995 | 50327 |
| Woori Financial Group, Inc. | 1273 | 26630 |
|  |  | 3191236 |
| **Beverages — 0.2%** |  |  |
| Anheuser-Busch InBev SA | 409 | 29441 |
| Celsius Holdings, Inc.<sup>(2)</sup> | 231 | 12123 |
| Heineken NV | 2107 | 173932 |
| Lifedrink Co., Inc. | 1000 | 10486 |
| PepsiCo, Inc. | 660 | 101396 |
| Pernod Ricard SA | 955 | 85393 |
|  |  | 412771 |
| **Biotechnology — 0.4%** |  |  |
| AbbVie, Inc. | 576 | 128454 |
| ADMA Biologics, Inc.<sup>(2)</sup> | 1315 | 22750 |
| Alkermes PLC<sup>(2)</sup> | 364 | 12336 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Alnylam Pharmaceuticals, Inc.<sup>(2)</sup> | 254 | $85867 |
| Arcellx, Inc.<sup>(2)</sup> | 125 | 8539 |
| Arcutis Biotherapeutics, Inc.<sup>(2)</sup> | 474 | 12025 |
| Argenx SE, ADR<sup>(2)</sup> | 29 | 24375 |
| Bridgebio Pharma, Inc.<sup>(2)</sup> | 347 | 26813 |
| Celldex Therapeutics, Inc.<sup>(2)</sup> | 245 | 6027 |
| Centessa Pharmaceuticals PLC, ADR<sup>(2)</sup> | 352 | 8649 |
| Cogent Biosciences, Inc.<sup>(2)</sup> | 298 | 10701 |
| Cytokinetics, Inc.<sup>(2)</sup> | 154 | 9731 |
| Evommune, Inc.<sup>(2)</sup> | 171 | 3095 |
| Gilead Sciences, Inc. | 856 | 121509 |
| Grifols SA, Preference Shares | 3443 | 31912 |
| Insmed, Inc.<sup>(2)</sup> | 529 | 82984 |
| Ionis Pharmaceuticals, Inc.<sup>(2)</sup> | 137 | 11326 |
| Madrigal Pharmaceuticals, Inc.<sup>(2)</sup> | 55 | 26912 |
| Mineralys Therapeutics, Inc.<sup>(2)</sup> | 302 | 9329 |
| Natera, Inc.<sup>(2)</sup> | 517 | 119499 |
| Newamsterdam Pharma Co. NV<sup>(2)(3)</sup> | 125 | 3890 |
| Nuvalent, Inc., Class A<sup>(2)</sup> | 127 | 13067 |
| Praxis Precision Medicines, Inc.<sup>(2)</sup> | 36 | 11304 |
| Protagonist Therapeutics, Inc.<sup>(2)</sup> | 179 | 14642 |
| Revolution Medicines, Inc.<sup>(2)</sup> | 141 | 13670 |
| Scholar Rock Holding Corp.<sup>(2)</sup> | 242 | 10730 |
| Twist Bioscience Corp.<sup>(2)</sup> | 176 | 7228 |
| UroGen Pharma Ltd.<sup>(2)</sup> | 393 | 7707 |
| Vaxcyte, Inc.<sup>(2)</sup> | 114 | 6107 |
| Vera Therapeutics, Inc.<sup>(2)</sup> | 243 | 10512 |
| Vertex Pharmaceuticals, Inc.<sup>(2)</sup> | 161 | 75654 |
| Viking Therapeutics, Inc.<sup>(2)(3)</sup> | 1567 | 45506 |
| Xenon Pharmaceuticals, Inc.<sup>(2)</sup> | 234 | 9596 |
|  |  | 992446 |
| **Broadline Retail — 0.3%** |  |  |
| Alibaba Group Holding Ltd. | 1300 | 27656 |
| Alibaba Group Holding Ltd., ADR | 1075 | 182277 |
| Amazon.com, Inc.<sup>(2)</sup> | 2107 | 504205 |
| Coupang, Inc.<sup>(2)</sup> | 2859 | 57637 |
| Ollie's Bargain Outlet Holdings, Inc.<sup>(2)</sup> | 76 | 8383 |
| Ryohin Keikaku Co. Ltd. | 3900 | 77785 |
|  |  | 857943 |
| **Building Products — 0.2%** |  |  |
| A.O. Smith Corp. | 944 | 69375 |
| Fortune Brands Innovations, Inc. | 242 | 13092 |
| Hayward Holdings, Inc.<sup>(2)</sup> | 1943 | 31360 |
| Johnson Controls International PLC | 1673 | 199522 |
| Masco Corp. | 861 | 56904 |
| Munters Group AB | 833 | 16446 |
| Trane Technologies PLC | 249 | 104724 |
| Trex Co., Inc.<sup>(2)</sup> | 418 | 17314 |
| Volution Group PLC | 1451 | 12699 |
|  |  | 521436 |
| **Capital Markets — 0.6%** |  |  |
| Ameriprise Financial, Inc. | 162 | 85405 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Ares Management Corp., Class A | 839 | $125573 |
| Bank of New York Mellon Corp. | 325 | 38974 |
| Blackrock, Inc. | 80 | 89515 |
| Coinbase Global, Inc., Class A<sup>(2)</sup> | 148 | 28822 |
| Etoro Group Ltd., Class A<sup>(2)</sup> | 265 | 7791 |
| flatexDEGIRO SE | 412 | 20097 |
| Goldman Sachs Group, Inc. | 128 | 119732 |
| Hamilton Lane, Inc., Class A | 137 | 19350 |
| HUB24 Ltd. | 168 | 11771 |
| Intercontinental Exchange, Inc. | 387 | 67253 |
| KKR & Co., Inc. | 512 | 58501 |
| London Stock Exchange Group PLC | 988 | 110204 |
| LPL Financial Holdings, Inc. | 385 | 140333 |
| Miami International Holdings, Inc.<sup>(2)</sup> | 313 | 13061 |
| Morgan Stanley | 559 | 102185 |
| MSCI, Inc. | 50 | 30461 |
| Northern Trust Corp. | 996 | 148832 |
| P10, Inc., Class A | 902 | 9724 |
| Piper Sandler Cos. | 44 | 15239 |
| Raymond James Financial, Inc. | 125 | 20733 |
| S&P Global, Inc. | 269 | 141976 |
| St. James's Place PLC | 1398 | 29198 |
| T. Rowe Price Group, Inc. | 687 | 72602 |
| TPG, Inc. | 1386 | 81649 |
| XP, Inc., Class A | 6791 | 132492 |
|  |  | 1721473 |
| **Chemicals — 0.2%** |  |  |
| Arkema SA | 1453 | 87503 |
| Axalta Coating Systems Ltd.<sup>(2)</sup> | 1628 | 54668 |
| Chugoku Marine Paints Ltd. | 700 | 19743 |
| Ecolab, Inc. | 291 | 82059 |
| Element Solutions, Inc. | 629 | 18304 |
| Linde PLC | 276 | 126124 |
| Novonesis Novozymes B, Class B | 1435 | 87928 |
| PPG Industries, Inc. | 645 | 74581 |
| Resonac Holdings Corp.<sup>(3)</sup> | 500 | 29037 |
| Tokyo Ohka Kogyo Co. Ltd. | 600 | 28321 |
|  |  | 608268 |
| **Commercial Services and Supplies — 0.1%** |  |  |
| ABM Industries, Inc. | 945 | 43508 |
| Boyd Group, Inc. | 115 | 18848 |
| Daiei Kankyo Co. Ltd. | 500 | 13188 |
| Mitie Group PLC | 10463 | 23919 |
| OPENLANE, Inc.<sup>(2)</sup> | 848 | 25474 |
| Park24 Co. Ltd. | 1300 | 18116 |
| Republic Services, Inc. | 403 | 86681 |
|  |  | 229734 |
| **Communications Equipment — 0.1%** |  |  |
| Ciena Corp.<sup>(2)</sup> | 222 | 55902 |
| F5, Inc.<sup>(2)</sup> | 347 | 95637 |
| Motorola Solutions, Inc. | 245 | 98622 |
|  |  | 250161 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| **Construction and Engineering — 0.1%** | | |
| Argan, Inc. | 55 | $19091 |
| Balfour Beatty PLC | 2347 | 22983 |
| Construction Partners, Inc., Class A<sup>(2)</sup> | 297 | 32634 |
| Eiffage SA | 186 | 27585 |
| EMCOR Group, Inc. | 239 | 172255 |
| INFRONEER Holdings, Inc. | 1500 | 22466 |
| Kinden Corp. | 200 | 8850 |
| Kumagai Gumi Co. Ltd. | 2500 | 28058 |
| Sterling Infrastructure, Inc.<sup>(2)</sup> | 99 | 35433 |
| Ventia Services Group Pty. Ltd. | 6537 | 26180 |
|  |  | 395535 |
| **Construction Materials — 0.1%** |  |  |
| Amrize Ltd.<sup>(2)</sup> | 1372 | 72195 |
| CRH PLC | 470 | 57533 |
| SigmaRoc PLC<sup>(2)</sup> | 5908 | 11595 |
| Titan America SA<sup>(2)</sup> | 832 | 14443 |
| Vulcan Materials Co. | 472 | 141855 |
|  |  | 297621 |
| **Consumer Finance — 0.1%** |  |  |
| American Express Co. | 363 | 127838 |
| Dave, Inc.<sup>(2)</sup> | 98 | 16042 |
| Enova International, Inc.<sup>(2)</sup> | 49 | 8093 |
| Zip Co. Ltd.<sup>(2)(3)</sup> | 7935 | 14639 |
|  |  | 166612 |
| **Consumer Staples Distribution & Retail — 0.3%** |  |  |
| BGF retail Co. Ltd. | 1087 | 91542 |
| Casey's General Stores, Inc. | 182 | 110383 |
| Costco Wholesale Corp. | 94 | 88384 |
| Koninklijke Ahold Delhaize NV | 3160 | 123556 |
| PriceSmart, Inc. | 100 | 14221 |
| Sprouts Farmers Market, Inc.<sup>(2)</sup> | 409 | 29002 |
| Sysco Corp. | 2376 | 199228 |
| Target Corp. | 358 | 37758 |
| Tsuruha Holdings, Inc.<sup>(3)</sup> | 1100 | 17528 |
|  |  | 711602 |
| **Containers and Packaging — 0.1%** |  |  |
| Ball Corp. | 1083 | 61590 |
| Graphic Packaging Holding Co. | 5063 | 74173 |
| Packaging Corp. of America | 726 | 161571 |
| Rengo Co. Ltd. | 2600 | 22274 |
| Verallia SA | 2876 | 75287 |
|  |  | 394895 |
| **Distributors — 0.0%** |  |  |
| Pool Corp. | 241 | 61236 |
| **Diversified Consumer Services — 0.0%** |  |  |
| Bright Horizons Family Solutions, Inc.<sup>(2)</sup> | 274 | 25381 |
| Coursera, Inc.<sup>(2)</sup> | 81 | 491 |
| Duolingo, Inc.<sup>(2)</sup> | 121 | 16221 |
| OneSpaWorld Holdings Ltd. | 512 | 10061 |
|  |  | 52154 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| **Diversified REITs — 0.2%** | | |
| British Land Co. PLC | 12894 | $73547 |
| Broadstone Net Lease, Inc. | 4343 | 80389 |
| CapitaLand Integrated Commercial Trust | 45500 | 85422 |
| Charter Hall Group | 4612 | 73447 |
| Essential Properties Realty Trust, Inc. | 2261 | 68644 |
| Merlin Properties Socimi SA | 3340 | 49710 |
| Stockland | 5382 | 20137 |
| WP Carey, Inc. | 1332 | 92907 |
|  |  | 544203 |
| **Diversified Telecommunication Services — 0.1%** |  |  |
| Bezeq The Israeli Telecommunication Corp. Ltd. | 10064 | 25846 |
| Globalstar, Inc.<sup>(2)</sup> | 204 | 12571 |
| Orange SA | 1348 | 25059 |
| Telkom Indonesia Persero Tbk. PT | 722000 | 154335 |
| Verizon Communications, Inc. | 979 | 43585 |
|  |  | 261396 |
| **Electric Utilities — 0.3%** |  |  |
| Duke Energy Corp. | 733 | 88950 |
| Evergy, Inc. | 2095 | 160749 |
| Eversource Energy | 1391 | 96160 |
| Iberdrola SA | 8320 | 187056 |
| NextEra Energy, Inc. | 2572 | 226079 |
| Oklo, Inc.<sup>(2)</sup> | 81 | 6449 |
| PPL Corp. | 1620 | 58725 |
| Xcel Energy, Inc. | 2003 | 152348 |
|  |  | 976516 |
| **Electrical Equipment — 0.3%** |  |  |
| Accelleron Industries AG | 174 | 16667 |
| Eaton Corp. PLC | 285 | 100155 |
| GE Vernova, Inc. | 101 | 73363 |
| Hubbell, Inc. | 103 | 50258 |
| Nexans SA | 45 | 7088 |
| Regal Rexnord Corp. | 108 | 17442 |
| Schneider Electric SE | 509 | 145931 |
| Sensata Technologies Holding PLC | 1608 | 55621 |
| Siemens Energy AG<sup>(2)</sup> | 881 | 150105 |
| Sinfonia Technology Co. Ltd. | 400 | 27070 |
| SWCC Corp. | 100 | 7453 |
| Vertiv Holdings Co., Class A | 1236 | 230119 |
|  |  | 881272 |
| **Electronic Equipment, Instruments and Components — 0.1%** |  |  |
| Alps Alpine Co. Ltd. | 1600 | 20957 |
| CDW Corp. | 483 | 61046 |
| Cognex Corp. | 288 | 11157 |
| Coherent Corp.<sup>(2)</sup> | 249 | 52833 |
| Fabrinet<sup>(2)</sup> | 49 | 23983 |
| Itron, Inc.<sup>(2)</sup> | 90 | 8917 |
| Koa Corp. | 1400 | 14108 |
| Lagercrantz Group AB, B Shares<sup>(3)</sup> | 280 | 6135 |
| Littelfuse, Inc. | 52 | 16836 |
| Mirion Technologies, Inc., Class A<sup>(2)</sup> | 645 | 16022 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Novanta, Inc.<sup>(2)</sup> | 184 | $24755 |
| Plexus Corp.<sup>(2)</sup> | 202 | 40265 |
| Ralliant Corp. | 1222 | 64729 |
| TE Connectivity PLC | 130 | 28961 |
|  |  | 390704 |
| **Energy Equipment and Services — 0.1%** |  |  |
| Baker Hughes Co. | 3261 | 182747 |
| DOF Group ASA | 1899 | 22226 |
| Expro Group Holdings NV<sup>(2)</sup> | 552 | 8838 |
| SBM Offshore NV | 404 | 14512 |
| SLB Ltd. | 2260 | 109339 |
| Subsea 7 SA | 623 | 15925 |
| TechnipFMC PLC | 195 | 10865 |
| Tecnicas Reunidas SA<sup>(2)</sup> | 588 | 22264 |
|  |  | 386716 |
| **Entertainment — 0.1%** |  |  |
| Liberty Media Corp.-Liberty Formula One, Class C<sup>(2)</sup> | 214 | 18622 |
| Netflix, Inc.<sup>(2)</sup> | 1110 | 92674 |
| ROBLOX Corp., Class A<sup>(2)</sup> | 2238 | 147171 |
| Spotify Technology SA<sup>(2)</sup> | 239 | 119584 |
|  |  | 378051 |
| **Financial Services — 0.3%** |  |  |
| Adyen NV<sup>(2)</sup> | 79 | 117145 |
| Affirm Holdings, Inc.<sup>(2)</sup> | 1136 | 68501 |
| Banco Latinoamericano de Comercio Exterior SA | 249 | 12069 |
| Chime Financial, Inc., Class A<sup>(2)(3)</sup> | 693 | 17616 |
| Corpay, Inc.<sup>(2)</sup> | 449 | 141269 |
| GMO Payment Gateway, Inc.<sup>(3)</sup> | 300 | 17327 |
| Mastercard, Inc., Class A | 415 | 223598 |
| Toast, Inc., Class A<sup>(2)</sup> | 1646 | 51207 |
| Visa, Inc., Class A | 356 | 114571 |
|  |  | 763303 |
| **Food Products — 0.1%** |  |  |
| Conagra Brands, Inc. | 3606 | 66747 |
| Cranswick PLC | 164 | 11838 |
| General Mills, Inc. | 524 | 24240 |
| Greencore Group PLC | 2943 | 11639 |
| Magnum Ice Cream Co. NV<sup>(2)</sup> | 2422 | 43046 |
| Mondelez International, Inc., Class A | 823 | 48121 |
| Vital Farms, Inc.<sup>(2)</sup> | 324 | 9218 |
|  |  | 214849 |
| **Gas Utilities — 0.1%** |  |  |
| Nippon Gas Co. Ltd. | 500 | 9483 |
| ONE Gas, Inc. | 1684 | 133979 |
| Spire, Inc. | 1003 | 84743 |
|  |  | 228205 |
| **Ground Transportation — 0.2%** |  |  |
| CSX Corp. | 4025 | 151984 |
| Norfolk Southern Corp. | 346 | 100769 |
| Uber Technologies, Inc.<sup>(2)</sup> | 728 | 58276 |
| Union Pacific Corp. | 278 | 65358 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| XPO, Inc.<sup>(2)</sup> | 326 | $48284 |
|  |  | 424671 |
| **Health Care Equipment and Supplies — 0.6%** |  |  |
| Alphatec Holdings, Inc.<sup>(2)</sup> | 2101 | 31158 |
| Becton Dickinson & Co. | 790 | 160749 |
| Dexcom, Inc.<sup>(2)</sup> | 2763 | 201810 |
| Envista Holdings Corp.<sup>(2)</sup> | 3332 | 78202 |
| EssilorLuxottica SA | 373 | 114025 |
| GE HealthCare Technologies, Inc. | 2996 | 236594 |
| IDEXX Laboratories, Inc.<sup>(2)</sup> | 211 | 141467 |
| Insulet Corp.<sup>(2)</sup> | 680 | 173951 |
| Intuitive Surgical, Inc.<sup>(2)</sup> | 127 | 64036 |
| Medtronic PLC | 805 | 82883 |
| SI-BONE, Inc.<sup>(2)</sup> | 823 | 13645 |
| Terumo Corp. | 7600 | 99417 |
| UFP Technologies, Inc.<sup>(2)</sup> | 71 | 17831 |
| Zimmer Biomet Holdings, Inc. | 2799 | 243709 |
|  |  | 1659477 |
| **Health Care Providers and Services — 0.4%** |  |  |
| Cencora, Inc. | 572 | 205474 |
| Chartwell Retirement Residences | 6765 | 100458 |
| Cigna Group | 397 | 108822 |
| Encompass Health Corp. | 197 | 18622 |
| Ensign Group, Inc. | 126 | 21629 |
| Galenica AG | 92 | 11500 |
| HealthEquity, Inc.<sup>(2)</sup> | 241 | 20646 |
| Henry Schein, Inc.<sup>(2)</sup> | 2451 | 185001 |
| Labcorp Holdings, Inc. | 606 | 164541 |
| Omada Health, Inc.<sup>(2)</sup> | 493 | 7370 |
| PACS Group, Inc.<sup>(2)</sup> | 187 | 6313 |
| Pediatrix Medical Group, Inc.<sup>(2)</sup> | 513 | 10968 |
| Quest Diagnostics, Inc. | 518 | 96882 |
| RadNet, Inc.<sup>(2)</sup> | 209 | 14651 |
| Sienna Senior Living, Inc.<sup>(3)</sup> | 701 | 10919 |
| Talkspace, Inc.<sup>(2)</sup> | 97 | 392 |
| U.S. Physical Therapy, Inc. | 110 | 9226 |
| UnitedHealth Group, Inc. | 207 | 59395 |
| Universal Health Services, Inc., Class B | 425 | 85535 |
|  |  | 1138344 |
| **Health Care REITs — 0.4%** |  |  |
| Aedifica SA | 443 | 39010 |
| American Healthcare REIT, Inc. | 1563 | 73320 |
| CareTrust REIT, Inc. | 2462 | 91931 |
| Healthpeak Properties, Inc. | 5690 | 98096 |
| Omega Healthcare Investors, Inc. | 1437 | 63056 |
| Ventas, Inc. | 2875 | 223301 |
| Welltower, Inc. | 2951 | 555850 |
|  |  | 1144564 |
| **Health Care Technology — 0.1%** |  |  |
| Phreesia, Inc.<sup>(2)</sup> | 359 | 4821 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Veeva Systems, Inc., Class A<sup>(2)</sup> | 656 | $133772 |
|  |  | 138593 |
| **Hotel & Resort REITs — 0.1%** |  |  |
| Host Hotels & Resorts, Inc. | 7315 | 135547 |
| **Hotels, Restaurants and Leisure — 0.5%** |  |  |
| Airbnb, Inc., Class A<sup>(2)</sup> | 191 | 24710 |
| Booking Holdings, Inc. | 14 | 70026 |
| Chipotle Mexican Grill, Inc.<sup>(2)</sup> | 673 | 26159 |
| DoorDash, Inc., Class A<sup>(2)</sup> | 222 | 45426 |
| Expedia Group, Inc. | 259 | 68594 |
| Flutter Entertainment PLC<sup>(2)</sup> | 597 | 98594 |
| Fujita Kanko, Inc.<sup>(3)</sup> | 400 | 6447 |
| Hilton Worldwide Holdings, Inc. | 1169 | 348958 |
| Life Time Group Holdings, Inc.<sup>(2)</sup> | 721 | 21032 |
| Marriott International, Inc., Class A | 296 | 93329 |
| Planet Fitness, Inc., Class A<sup>(2)</sup> | 184 | 16751 |
| Royal Caribbean Cruises Ltd. | 1074 | 348674 |
| Scandic Hotels Group AB | 2068 | 20665 |
| Sodexo SA<sup>(3)</sup> | 972 | 49661 |
| Viking Holdings Ltd.<sup>(2)</sup> | 1612 | 116306 |
| Whitbread PLC | 2562 | 95635 |
| Wingstop, Inc. | 82 | 21765 |
|  |  | 1472732 |
| **Household Durables — 0.3%** |  |  |
| Barratt Redrow PLC | 17077 | 90930 |
| De' Longhi SpA | 344 | 15207 |
| Haseko Corp. | 800 | 16397 |
| Mohawk Industries, Inc.<sup>(2)</sup> | 771 | 91271 |
| Neinor Homes SA<sup>(2)</sup> | 4245 | 101149 |
| PulteGroup, Inc. | 750 | 93817 |
| Sony Group Corp. | 4400 | 97011 |
| Sumitomo Forestry Co. Ltd. | 1100 | 11927 |
| Taylor Wimpey PLC | 75927 | 111002 |
| TopBuild Corp.<sup>(2)</sup> | 198 | 92674 |
|  |  | 721385 |
| **Household Products — 0.2%** |  |  |
| Church & Dwight Co., Inc. | 869 | 83641 |
| Colgate-Palmolive Co. | 511 | 46138 |
| Henkel AG & Co. KGaA, Preference Shares | 1083 | 95144 |
| Kimberly-Clark Corp. | 1549 | 154884 |
| Procter & Gamble Co. | 949 | 144030 |
| Reckitt Benckiser Group PLC | 1827 | 152425 |
|  |  | 676262 |
| **Independent Power and Renewable Electricity Producers — 0.1%** |  |  |
| Talen Energy Corp.<sup>(2)</sup> | 60 | 20902 |
| TransAlta Corp. | 1571 | 20075 |
| Vistra Corp. | 1641 | 259852 |
|  |  | 300829 |
| **Industrial Conglomerates — 0.0%** |  |  |
| Honeywell International, Inc. | 468 | 106479 |
| **Industrial REITs — 0.3%** |  |  |
| First Industrial Realty Trust, Inc. | 1538 | 89250 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| GLP J-Reit | 42 | $38608 |
| Goodman Group<sup>(3)</sup> | 7228 | 153549 |
| Prologis, Inc. | 4369 | 570417 |
| Segro PLC | 6890 | 71784 |
| Tritax Big Box REIT PLC | 9775 | 22189 |
|  |  | 945797 |
| **Insurance — 0.4%** |  |  |
| Aegon Ltd. | 8705 | 68373 |
| AIA Group Ltd. | 9400 | 108452 |
| Allstate Corp. | 258 | 51340 |
| Beazley PLC | 1709 | 26550 |
| Bowhead Specialty Holdings, Inc.<sup>(2)</sup> | 429 | 10536 |
| Hanover Insurance Group, Inc. | 227 | 39530 |
| HCI Group, Inc. | 70 | 11107 |
| Intact Financial Corp. | 363 | 66090 |
| Kinsale Capital Group, Inc. | 31 | 12272 |
| Marsh & McLennan Cos., Inc. | 939 | 176711 |
| MetLife, Inc. | 1139 | 89844 |
| Phoenix Financial Ltd. | 558 | 27084 |
| Progressive Corp. | 255 | 53040 |
| Prudential PLC | 8308 | 136461 |
| Reinsurance Group of America, Inc. | 785 | 159159 |
| Storebrand ASA | 1985 | 34737 |
| Willis Towers Watson PLC | 364 | 115559 |
|  |  | 1186845 |
| **Interactive Media and Services — 0.5%** |  |  |
| Alphabet, Inc., Class A | 2565 | 866970 |
| Meta Platforms, Inc., Class A | 455 | 326007 |
| Reddit, Inc., Class A<sup>(2)</sup> | 366 | 65979 |
| Tencent Holdings Ltd. | 2700 | 207527 |
|  |  | 1466483 |
| **IT Services — 0.4%** |  |  |
| Amdocs Ltd. | 1347 | 110373 |
| Capgemini SE | 379 | 58888 |
| Cloudflare, Inc., Class A<sup>(2)</sup> | 1061 | 188169 |
| Cognizant Technology Solutions Corp., Class A | 1189 | 97569 |
| Computacenter PLC | 586 | 26820 |
| Fujitsu Ltd. | 3300 | 91693 |
| GDS Holdings Ltd., ADR<sup>(2)(3)</sup> | 694 | 31015 |
| International Business Machines Corp. | 669 | 205182 |
| MongoDB, Inc.<sup>(2)</sup> | 97 | 36019 |
| NEC Corp. | 5100 | 172888 |
| NEXTDC Ltd.<sup>(2)(3)</sup> | 2213 | 20447 |
| Okta, Inc.<sup>(2)</sup> | 500 | 42240 |
| Snowflake, Inc., Class A<sup>(2)</sup> | 211 | 40660 |
| Twilio, Inc., Class A<sup>(2)</sup> | 331 | 39872 |
|  |  | 1161835 |
| **Leisure Products — 0.0%** |  |  |
| BRP, Inc. | 260 | 19623 |
| Brunswick Corp. | 127 | 10188 |
| Callaway Golf Co.<sup>(2)</sup> | 674 | 9672 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Technogym SpA | 907 | $18941 |
|  |  | 58424 |
| **Life Sciences Tools and Services — 0.3%** |  |  |
| Agilent Technologies, Inc. | 349 | 46714 |
| Bio-Techne Corp. | 980 | 62808 |
| Chemometec AS | 101 | 9762 |
| Danaher Corp. | 590 | 129145 |
| ICON PLC<sup>(2)</sup> | 1237 | 222969 |
| IQVIA Holdings, Inc.<sup>(2)</sup> | 447 | 102877 |
| Lonza Group AG | 224 | 152197 |
| Siegfried Holding AG<sup>(2)</sup> | 157 | 19305 |
| Thermo Fisher Scientific, Inc. | 171 | 98942 |
| West Pharmaceutical Services, Inc. | 517 | 119489 |
|  |  | 964208 |
| **Machinery — 0.7%** |  |  |
| Alstom SA<sup>(2)</sup> | 5678 | 181289 |
| Atlas Copco AB, A Shares | 6111 | 126022 |
| CECO Environmental Corp.<sup>(2)</sup> | 491 | 33108 |
| CNH Industrial NV | 2118 | 22790 |
| Construcciones y Auxiliar de Ferrocarriles SA | 249 | 16599 |
| Crane Co. | 407 | 74335 |
| Cummins, Inc. | 457 | 264521 |
| Daimler Truck Holding AG | 1457 | 70546 |
| Deere & Co. | 134 | 70752 |
| Deutz AG | 1288 | 16494 |
| Dover Corp. | 145 | 29216 |
| FANUC Corp. | 3500 | 140541 |
| Flowserve Corp. | 166 | 12973 |
| Fluidra SA<sup>(3)</sup> | 197 | 5730 |
| Fortive Corp. | 1096 | 57880 |
| IDEX Corp. | 249 | 49439 |
| IMI PLC | 480 | 18126 |
| Kardex Holding AG | 41 | 14413 |
| Konecranes OYJ | 161 | 18960 |
| Kurita Water Industries Ltd. | 400 | 20008 |
| Nabtesco Corp. | 1000 | 27098 |
| Organo Corp. | 200 | 21118 |
| Oshkosh Corp. | 465 | 66876 |
| PACCAR, Inc. | 470 | 57768 |
| Parker-Hannifin Corp. | 87 | 81418 |
| RBC Bearings, Inc.<sup>(2)</sup> | 66 | 32978 |
| Timken Co. | 934 | 87039 |
| Toro Co. | 769 | 70364 |
| Weir Group PLC | 562 | 24823 |
| Xylem, Inc. | 747 | 102989 |
| Yaskawa Electric Corp.<sup>(3)</sup> | 1000 | 31919 |
|  |  | 1848132 |
| **Media — 0.1%** |  |  |
| Magnite, Inc.<sup>(2)</sup> | 1252 | 18116 |
| New York Times Co., Class A | 216 | 15835 |
| Omnicom Group, Inc. | 941 | 72495 |
| Publicis Groupe SA | 1013 | 101248 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Trade Desk, Inc., Class A<sup>(2)</sup> | 1009 | $30603 |
|  |  | 238297 |
| **Metals and Mining — 0.1%** |  |  |
| Capstone Copper Corp.<sup>(2)</sup> | 2051 | 22730 |
| Genesis Minerals Ltd.<sup>(2)</sup> | 5147 | 25416 |
| GMK Norilskiy Nickel PAO<sup>(2)(4)</sup> | 94900 | 1 |
| Lynas Rare Earths Ltd.<sup>(2)(3)</sup> | 1595 | 16055 |
| MP Materials Corp.<sup>(2)(3)</sup> | 429 | 25212 |
| PLS Group Ltd.<sup>(2)(3)</sup> | 5333 | 15648 |
| Reliance, Inc. | 273 | 89954 |
| Sandfire Resources Ltd.<sup>(2)</sup> | 1592 | 21602 |
| SSR Mining, Inc.<sup>(2)</sup> | 587 | 13401 |
| Taseko Mines Ltd.<sup>(2)</sup> | 1526 | 11628 |
| Torex Gold Resources, Inc. | 624 | 30035 |
| Vale SA | 3800 | 60739 |
|  |  | 332421 |
| **Multi-Utilities — 0.0%** |  |  |
| Northwestern Energy Group, Inc. | 1712 | 116176 |
| **Office REITs — 0.0%** |  |  |
| COPT Defense Properties | 890 | 27421 |
| Mindspace Business Parks REIT | 5466 | 29633 |
| SL Green Realty Corp. | 746 | 33406 |
|  |  | 90460 |
| **Oil, Gas and Consumable Fuels — 0.6%** |  |  |
| Cameco Corp. | 271 | 33439 |
| Centrus Energy Corp., Class A<sup>(2)(3)</sup> | 39 | 10853 |
| Cheniere Energy, Inc. | 421 | 89050 |
| ConocoPhillips | 798 | 83175 |
| Coterra Energy, Inc. | 3299 | 95176 |
| Diamondback Energy, Inc. | 646 | 105912 |
| Eni SpA | 1785 | 36484 |
| Enterprise Products Partners LP | 4441 | 147397 |
| Expand Energy Corp. | 596 | 66996 |
| Friedrich Vorwerk Group SE | 196 | 21055 |
| Gaztransport Et Technigaz SA | 104 | 22407 |
| NAC Kazatomprom JSC, GDR | 1414 | 115541 |
| ONEOK, Inc. | 783 | 62006 |
| PBF Energy, Inc., Class A | 553 | 18503 |
| Permian Resources Corp. | 3750 | 60487 |
| Repsol SA | 5933 | 116887 |
| Shell PLC | 4644 | 178513 |
| Targa Resources Corp. | 714 | 143500 |
| TC Energy Corp. | 1792 | 105073 |
| Williams Cos., Inc. | 1737 | 116831 |
|  |  | 1629285 |
| **Paper and Forest Products — 0.0%** |  |  |
| Mondi PLC | 7837 | 91585 |
| **Passenger Airlines — 0.0%** |  |  |
| Alaska Air Group, Inc.<sup>(2)</sup> | 243 | 12351 |
| Southwest Airlines Co. | 1715 | 81497 |
|  |  | 93848 |
| **Personal Care Products — 0.1%** |  |  |
| Estee Lauder Cos., Inc., Class A | 373 | 43000 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Kenvue, Inc. | 8811 | $153311 |
| L'Oreal SA | 235 | 107968 |
|  |  | 304279 |
| **Pharmaceuticals — 0.5%** |  |  |
| ALK-Abello AS<sup>(2)</sup> | 735 | 24287 |
| AstraZeneca PLC | 1039 | 193580 |
| AstraZeneca PLC, ADR | 1066 | 98893 |
| Bristol-Myers Squibb Co. | 690 | 37984 |
| Crinetics Pharmaceuticals, Inc.<sup>(2)</sup> | 307 | 15332 |
| Edgewise Therapeutics, Inc.<sup>(2)</sup> | 380 | 10697 |
| Eli Lilly & Co. | 193 | 200170 |
| Financiere de Tubize SA<sup>(3)</sup> | 77 | 19642 |
| Galderma Group AG | 727 | 135512 |
| GSK PLC | 8498 | 219772 |
| Hikma Pharmaceuticals PLC | 3351 | 70292 |
| Merck & Co., Inc. | 628 | 69250 |
| Roche Holding AG | 201 | 91403 |
| Sanofi SA | 476 | 44898 |
| Structure Therapeutics, Inc., ADR<sup>(2)</sup> | 598 | 52893 |
| Zoetis, Inc. | 586 | 73144 |
|  |  | 1357749 |
| **Professional Services — 0.2%** |  |  |
| Adecco Group AG | 4124 | 121190 |
| ALS Ltd. | 1750 | 29840 |
| Automatic Data Processing, Inc. | 303 | 74786 |
| CACI International, Inc., Class A<sup>(2)</sup> | 110 | 68264 |
| First Advantage Corp.<sup>(2)</sup> | 699 | 9437 |
| Randstad NV | 3067 | 109757 |
| RELX PLC | 2336 | 82816 |
| Teleperformance SE | 1868 | 120664 |
| Verra Mobility Corp.<sup>(2)</sup> | 588 | 11348 |
|  |  | 628102 |
| **Real Estate Management and Development — 0.2%** |  |  |
| CBRE Group, Inc., Class A<sup>(2)</sup> | 502 | 85506 |
| City Developments Ltd. | 5900 | 42991 |
| Colliers International Group, Inc. | 115 | 15720 |
| CTP NV | 1226 | 26728 |
| FirstService Corp. (Toronto) | 67 | 10380 |
| Hang Lung Properties Ltd. | 32000 | 38613 |
| Hongkong Land Holdings Ltd. | 6000 | 50909 |
| Katitas Co. Ltd. | 1600 | 31614 |
| Mitsui Fudosan Co. Ltd. | 2400 | 27521 |
| Sumitomo Realty & Development Co. Ltd.<sup>(3)</sup> | 4900 | 136450 |
| Sun Hung Kai Properties Ltd. | 1000 | 16059 |
| Tokyo Tatemono Co. Ltd. | 3500 | 82363 |
| UOL Group Ltd. | 5600 | 47827 |
|  |  | 612681 |
| **Residential REITs — 0.2%** |  |  |
| American Homes 4 Rent, Class A | 1551 | 48577 |
| AvalonBay Communities, Inc. | 145 | 25762 |
| Camden Property Trust | 923 | 100653 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Equity Residential | 2138 | $133240 |
| Essex Property Trust, Inc. | 122 | 30728 |
| GO Residential Real Estate Investment Trust | 2186 | 23456 |
| Sun Communities, Inc. | 295 | 37592 |
| UDR, Inc. | 2312 | 85891 |
| UNITE Group PLC<sup>(3)</sup> | 6642 | 51658 |
|  |  | 537557 |
| **Retail REITs — 0.4%** |  |  |
| Agree Realty Corp. | 483 | 34887 |
| Brixmor Property Group, Inc. | 4522 | 121144 |
| Japan Metropolitan Fund Invest | 75 | 59031 |
| Macerich Co. | 1097 | 20766 |
| NETSTREIT Corp. | 3051 | 57481 |
| Phillips Edison & Co., Inc. | 1893 | 68583 |
| Realty Income Corp. | 2537 | 155163 |
| Regency Centers Corp. | 477 | 34759 |
| Scentre Group | 37490 | 106246 |
| Simon Property Group, Inc. | 1097 | 209867 |
| Tanger, Inc. | 1673 | 54741 |
| Unibail-Rodamco-Westfield | 564 | 62359 |
|  |  | 985027 |
| **Semiconductors and Semiconductor Equipment — 1.3%** |  |  |
| Analog Devices, Inc. | 545 | 169430 |
| Applied Materials, Inc. | 360 | 116035 |
| ASML Holding NV | 162 | 232293 |
| Astera Labs, Inc.<sup>(2)</sup> | 285 | 42927 |
| Broadcom, Inc. | 1265 | 419094 |
| Credo Technology Group Holding Ltd.<sup>(2)</sup> | 260 | 32573 |
| Impinj, Inc.<sup>(2)</sup> | 116 | 16020 |
| Infineon Technologies AG | 3466 | 169427 |
| Kokusai Electric Corp. | 600 | 24910 |
| Lam Research Corp. | 356 | 83112 |
| Lattice Semiconductor Corp.<sup>(2)</sup> | 1328 | 106930 |
| MACOM Technology Solutions Holdings, Inc.<sup>(2)</sup> | 97 | 21249 |
| Micron Technology, Inc. | 79 | 32775 |
| MKS, Inc. | 98 | 23070 |
| Monolithic Power Systems, Inc. | 196 | 220333 |
| Nova Ltd.<sup>(2)</sup> | 34 | 15567 |
| NVIDIA Corp. | 6007 | 1148118 |
| NXP Semiconductors NV | 199 | 45002 |
| ON Semiconductor Corp.<sup>(2)</sup> | 833 | 49888 |
| Onto Innovation, Inc.<sup>(2)</sup> | 55 | 11113 |
| Silicon Laboratories, Inc.<sup>(2)</sup> | 179 | 25498 |
| SiTime Corp.<sup>(2)</sup> | 75 | 27233 |
| SUMCO Corp. | 6700 | 69948 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 6000 | 331775 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 214 | 70740 |
| Teradyne, Inc. | 357 | 86055 |
| Tower Semiconductor Ltd.<sup>(2)</sup> | 160 | 21557 |
| Veeco Instruments, Inc.<sup>(2)</sup> | 195 | 6090 |
|  |  | 3618762 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| **Software — 0.8%** | | |
| ACI Worldwide, Inc.<sup>(2)</sup> | 122 | $5290 |
| Agilysys, Inc.<sup>(2)</sup> | 241 | 20907 |
| AppLovin Corp., Class A<sup>(2)</sup> | 103 | 48730 |
| BlackLine, Inc.<sup>(2)</sup> | 297 | 13801 |
| Cadence Design Systems, Inc.<sup>(2)</sup> | 715 | 211897 |
| Cellebrite DI Ltd.<sup>(2)</sup> | 342 | 5031 |
| Core Scientific, Inc.<sup>(2)(3)</sup> | 825 | 14842 |
| Crowdstrike Holdings, Inc., Class A<sup>(2)</sup> | 116 | 51203 |
| Datadog, Inc., Class A<sup>(2)</sup> | 1081 | 139795 |
| Descartes Systems Group, Inc.<sup>(2)</sup> | 100 | 7476 |
| Dynatrace, Inc.<sup>(2)</sup> | 1306 | 49745 |
| Elastic NV<sup>(2)</sup> | 116 | 7648 |
| Fair Isaac Corp.<sup>(2)</sup> | 124 | 181433 |
| HubSpot, Inc.<sup>(2)</sup> | 171 | 47880 |
| Klaviyo, Inc., Class A<sup>(2)</sup> | 641 | 14236 |
| Microsoft Corp. | 2085 | 897155 |
| Netskope, Inc., Class A<sup>(2)</sup> | 79 | 1173 |
| Onestream, Inc.<sup>(2)</sup> | 424 | 10011 |
| Pegasystems, Inc. | 171 | 7471 |
| Q2 Holdings, Inc.<sup>(2)</sup> | 311 | 19049 |
| Riot Platforms, Inc.<sup>(2)(3)</sup> | 657 | 10164 |
| Salesforce, Inc. | 220 | 46704 |
| Samsara, Inc., Class A<sup>(2)</sup> | 2070 | 58063 |
| SAP SE | 484 | 96688 |
| ServiceNow, Inc.<sup>(2)</sup> | 570 | 66696 |
| Unity Software, Inc.<sup>(2)</sup> | 598 | 17402 |
| Workday, Inc., Class A<sup>(2)</sup> | 325 | 57080 |
| Zscaler, Inc.<sup>(2)</sup> | 374 | 74804 |
|  |  | 2182374 |
| **Specialized REITs — 0.4%** |  |  |
| American Tower Corp. | 578 | 103624 |
| Big Yellow Group PLC | 2561 | 36253 |
| CubeSmart | 851 | 31938 |
| Digital Realty Trust, Inc. | 893 | 148193 |
| Equinix, Inc. | 370 | 303744 |
| Extra Space Storage, Inc. | 1005 | 138660 |
| Iron Mountain, Inc. | 1163 | 107147 |
| Millrose Properties, Inc. | 2192 | 65322 |
| National Storage Affiliates Trust | 1161 | 36932 |
| Public Storage | 351 | 96943 |
| VICI Properties, Inc. | 1755 | 49280 |
| Weyerhaeuser Co. | 1036 | 26708 |
|  |  | 1144744 |
| **Specialty Retail — 0.4%** |  |  |
| Aritzia, Inc.<sup>(2)</sup> | 1189 | 93721 |
| Auto1 Group SE<sup>(2)</sup> | 698 | 22959 |
| Boot Barn Holdings, Inc.<sup>(2)</sup> | 132 | 23559 |
| Burlington Stores, Inc.<sup>(2)</sup> | 461 | 136391 |
| Carvana Co.<sup>(2)</sup> | 517 | 207374 |
| Clas Ohlson AB, B Shares | 343 | 11745 |
| Five Below, Inc.<sup>(2)</sup> | 118 | 22613 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Home Depot, Inc. | 486 | $182051 |
| Istyle, Inc.<sup>(3)</sup> | 800 | 2347 |
| National Vision Holdings, Inc.<sup>(2)</sup> | 737 | 19420 |
| Nextage Co. Ltd. | 1600 | 33896 |
| O'Reilly Automotive, Inc.<sup>(2)</sup> | 809 | 79614 |
| RealReal, Inc.<sup>(2)</sup> | 773 | 11340 |
| TJX Cos., Inc. | 958 | 143518 |
| Tractor Supply Co. | 4386 | 223160 |
| Wayfair, Inc., Class A<sup>(2)</sup> | 202 | 20905 |
|  |  | 1234613 |
| **Technology Hardware, Storage and Peripherals — 0.4%** |  |  |
| Apple, Inc. | 2460 | 638321 |
| HP, Inc. | 4364 | 84836 |
| Pure Storage, Inc., Class A<sup>(2)</sup> | 579 | 40264 |
| Samsung Electronics Co. Ltd. | 3211 | 354734 |
|  |  | 1118155 |
| **Textiles, Apparel and Luxury Goods — 0.1%** |  |  |
| Asics Corp. | 700 | 16851 |
| Burberry Group PLC<sup>(2)</sup> | 969 | 14640 |
| LVMH Moet Hennessy Louis Vuitton SE | 71 | 45824 |
| On Holding AG, Class A<sup>(2)</sup> | 4499 | 203580 |
| Tapestry, Inc. | 301 | 38200 |
|  |  | 319095 |
| **Tobacco — 0.0%** |  |  |
| British American Tobacco PLC | 1350 | 81558 |
| **Trading Companies and Distributors — 0.4%** |  |  |
| Applied Industrial Technologies, Inc. | 55 | 14323 |
| Ashtead Group PLC | 756 | 48671 |
| Bunzl PLC | 6061 | 169969 |
| Diploma PLC | 147 | 10709 |
| Fastenal Co. | 3399 | 147381 |
| Ferguson Enterprises, Inc. | 249 | 62863 |
| Herc Holdings, Inc. | 176 | 25228 |
| MSC Industrial Direct Co., Inc., Class A | 1526 | 128703 |
| SiteOne Landscape Supply, Inc.<sup>(2)</sup> | 123 | 17655 |
| Sojitz Corp. | 800 | 29172 |
| Sumitomo Corp. | 3300 | 134010 |
| United Rentals, Inc. | 88 | 68821 |
| WESCO International, Inc. | 440 | 127349 |
|  |  | 984854 |
| **Transportation Infrastructure — 0.0%** |  |  |
| Flughafen Zurich AG | 36 | 11181 |
| **Wireless Telecommunication Services — 0.0%** |  |  |
| Indosat Tbk. PT | 281800 | 37476 |
| Millicom International Cellular SA | 323 | 19713 |
|  |  | 57189 |
| **TOTAL COMMON STOCKS**<br>(Cost $36,868,818) |  | **51776228** |
| **U.S. TREASURY SECURITIES — 13.5%** |  |  |
| U.S. Treasury Bonds, 2.50%, 2/15/45 | $400000 | 282625 |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/42 | 717205 | 560557 |
| U.S. Treasury Inflation-Indexed Bonds, 0.625%, 2/15/43 | 704880 | 527186 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/45 | $3592430 | $2625574 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 4/15/27 | 3753797 | 3716269 |
| U.S. Treasury Inflation-Indexed Notes, 0.375%, 7/15/27 | 1364750 | 1360746 |
| U.S. Treasury Inflation-Indexed Notes, 0.50%, 1/15/28 | 4599000 | 4562223 |
| U.S. Treasury Inflation-Indexed Notes, 0.875%, 1/15/29 | 3209075 | 3193174 |
| U.S. Treasury Inflation-Indexed Notes, 1.625%, 10/15/29 | 2575200 | 2627568 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/30 | 4661186 | 4473230 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 7/15/31 | 1487451 | 1395573 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/32 | 2379424 | 2200648 |
| U.S. Treasury Notes, 3.375%, 12/31/27 | 1300000 | 1296293 |
| U.S. Treasury Notes, 4.125%, 11/30/29<sup>(5)</sup> | 3587000 | 3640595 |
| U.S. Treasury Notes, 3.50%, 11/30/30 | 2200000 | 2171984 |
| U.S. Treasury Notes, 3.625%, 12/31/30 | 3775000 | 3745803 |
| **TOTAL U.S. TREASURY SECURITIES**<br>(Cost $39,837,111) |  | **38380048** |
| **CORPORATE BONDS — 5.4%** |  |  |
| **Aerospace and Defense — 0.2%** |  |  |
| Boeing Co., 2.20%, 2/4/26 | 275000 | 274554 |
| Embraer Netherlands Finance BV, 5.40%, 1/9/38 | 96000 | 94853 |
| Lockheed Martin Corp., 4.50%, 2/15/29 | 92000 | 93621 |
| RTX Corp., 6.40%, 3/15/54 | 42000 | 46295 |
| Textron, Inc., 5.50%, 5/15/35 | 91000 | 93974 |
|  |  | 603297 |
| **Air Freight and Logistics — 0.0%** |  |  |
| United Parcel Service, Inc., 5.50%, 5/22/54 | 48000 | 46789 |
| **Automobile Components — 0.0%** |  |  |
| Magna International, Inc., 5.875%, 6/1/35 | 90000 | 94971 |
| **Automobiles — 0.2%** |  |  |
| BMW U.S. Capital LLC, 5.20%, 8/11/35<sup>(6)</sup> | 93000 | 93789 |
| Ford Motor Co., 3.25%, 2/12/32 | 108000 | 95968 |
| General Motors Co., 6.25%, 4/15/35 | 89000 | 94534 |
| General Motors Co., 6.60%, 4/1/36 | 87000 | 94813 |
| Hyundai Capital America, 5.15%, 3/27/30<sup>(6)</sup> | 92000 | 94419 |
| Hyundai Capital America, 4.55%, 1/8/31<sup>(6)</sup> | 20000 | 20022 |
|  |  | 493545 |
| **Banks — 0.7%** |  |  |
| Bank of America Corp., VRN, 5.93%, 9/15/27 | 62000 | 62739 |
| Bank of America Corp., VRN, 2.48%, 9/21/36 | 108000 | 94808 |
| Bank of Montreal, VRN, 3.80%, 12/15/32 | 97000 | 96062 |
| Bank of Montreal, VRN, 3.09%, 1/10/37 | 60000 | 54205 |
| Canadian Imperial Bank of Commerce, VRN, 4.86%, 3/30/29 | 80000 | 81346 |
| Citizens Financial Group, Inc., VRN, 5.25%, 3/5/31 | 93000 | 95387 |
| Citizens Financial Group, Inc., VRN, 5.30%, 1/29/36 | 5000 | 5025 |
| Comerica, Inc., VRN, 5.98%, 1/30/30 | 90000 | 94094 |
| Huntington Bancshares, Inc., VRN, 6.14%, 11/18/39 | 31000 | 32434 |
| Huntington Bancshares, Inc., VRN, 5.61%, 1/28/41 | 60000 | 59732 |
| JPMorgan Chase & Co., VRN, 5.58%, 7/23/36 | 90000 | 92496 |
| JPMorgan Chase & Co., VRN, 5.19%, 2/5/37<sup>(7)</sup> | 90000 | 89735 |
| KeyCorp, VRN, 5.31%, 1/28/37 | 35000 | 35053 |
| M&T Bank Corp., VRN, 6.08%, 3/13/32 | 88000 | 93504 |
| M&T Bank Corp., VRN, 5.39%, 1/16/36 | 45000 | 45647 |
| PNC Financial Services Group, Inc., VRN, 5.10%, 7/23/27 | 200000 | 201083 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Royal Bank of Canada, VRN, 4.97%, 5/2/31 | $93000 | $95280 |
| Santander Holdings USA, Inc., VRN, 6.17%, 1/9/30 | 89000 | 92922 |
| Toronto-Dominion Bank, 3.91%, 1/13/28 | 65000 | 65047 |
| Toronto-Dominion Bank, VRN, 5.15%, 9/10/34 | 72000 | 73217 |
| U.S. Bancorp, VRN, 4.97%, 7/22/33 | 83000 | 83615 |
| U.S. Bancorp, VRN, 2.49%, 11/3/36 | 110000 | 96328 |
| Wells Fargo & Co., VRN, 4.90%, 1/24/28 | 93000 | 93800 |
| Wells Fargo & Co., VRN, 6.30%, 10/23/29 | 90000 | 95062 |
| Westpac Banking Corp., VRN, 3.02%, 11/18/36 | 106000 | 96056 |
|  |  | 2024677 |
| **Beverages — 0.0%** |  |  |
| Keurig Dr. Pepper, Inc., 4.35%, 5/15/28 | 95000 | 95435 |
| **Biotechnology — 0.1%** |  |  |
| Amgen, Inc., 5.25%, 3/2/30 | 68000 | 70572 |
| Amgen, Inc., 5.75%, 3/2/63 | 47000 | 45986 |
| Biogen, Inc., 6.45%, 5/15/55 | 44000 | 46413 |
|  |  | 162971 |
| **Capital Markets — 0.2%** |  |  |
| Apollo Debt Solutions BDC, 5.875%, 8/30/30 | 62000 | 62490 |
| Apollo Debt Solutions BDC, 5.70%, 1/23/31<sup>(6)</sup> | 5000 | 4975 |
| ARES Capital Corp., 2.875%, 6/15/28 | 75000 | 72000 |
| ARES Capital Corp., 5.25%, 4/12/31 | 50000 | 49248 |
| ARES Strategic Income Fund, 5.55%, 4/15/31<sup>(6)</sup> | 60000 | 59345 |
| Blackstone Private Credit Fund, 5.35%, 3/12/31 | 63000 | 61574 |
| Blue Owl Technology Finance Corp., 6.125%, 1/23/31 | 60000 | 59126 |
| Goldman Sachs BDC, Inc., 5.10%, 1/28/29 | 32000 | 31796 |
| Goldman Sachs Group, Inc., VRN, 5.22%, 4/23/31 | 92000 | 94784 |
| HPS Corporate Lending Fund, 5.15%, 4/2/29<sup>(6)</sup> | 20000 | 19925 |
| Jefferies Financial Group, Inc., 6.20%, 4/14/34 | 90000 | 94679 |
| Jefferies Financial Group, Inc., 5.50%, 2/15/36 | 40000 | 39503 |
| Raymond James Financial, Inc., 4.90%, 9/11/35 | 11000 | 10897 |
|  |  | 660342 |
| **Chemicals — 0.0%** |  |  |
| EQUATE Petrochemical Co. KSC, 4.25%, 11/3/26<sup>(6)</sup> | 34000 | 33968 |
| LYB International Finance III LLC, 5.50%, 3/1/34 | 63000 | 62193 |
|  |  | 96161 |
| **Consumer Finance — 0.2%** |  |  |
| Air Lease Corp., 5.10%, 3/1/29 | 93000 | 94760 |
| American Express Co., VRN, 4.73%, 4/25/29 | 94000 | 95426 |
| Avolon Holdings Funding Ltd., 4.95%, 10/15/32<sup>(6)</sup> | 64000 | 63518 |
| Capital One Financial Corp., VRN, 5.82%, 2/1/34 | 80000 | 83454 |
| Capital One Financial Corp., VRN, 6.38%, 6/8/34 | 79000 | 84860 |
|  |  | 422018 |
| **Consumer Staples Distribution & Retail — 0.1%** |  |  |
| Dollar Tree, Inc., 4.20%, 5/15/28 | 95000 | 95125 |
| Target Corp., 5.00%, 4/15/35 | 94000 | 94961 |
| Walmart, Inc., 4.10%, 4/28/27 | 95000 | 95644 |
|  |  | 285730 |
| **Diversified REITs — 0.1%** |  |  |
| Crown Castle, Inc., 3.80%, 2/15/28 | 96000 | 95407 |
| Host Hotels & Resorts LP, 5.50%, 4/15/35 | 35000 | 35486 |
| Simon Property Group LP, 6.65%, 1/15/54 | 41000 | 45944 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Store Capital LLC, 5.40%, 4/30/30<sup>(6)</sup> | $62000 | $63190 |
|  |  | 240027 |
| **Diversified Telecommunication Services — 0.1%** |  |  |
| AT&T, Inc., 5.70%, 11/1/54 | 48000 | 45869 |
| AT&T, Inc., 6.00%, 4/30/56<sup>(7)</sup> | 45000 | 44675 |
| AT&T, Inc., 6.05%, 8/15/56 | 45000 | 45071 |
| Verizon Communications, Inc., 5.875%, 11/30/55 | 47000 | 46428 |
| Verizon Communications, Inc., 6.00%, 11/30/65 | 48000 | 47518 |
|  |  | 229561 |
| **DNU- Internet and Direct Marketing Retail — 0.0%** |  |  |
| Amazon.com, Inc., 5.55%, 11/20/65 | 49000 | 47579 |
| **Electric Utilities — 0.2%** |  |  |
| Basin Electric Power Cooperative, 5.85%, 10/15/55<sup>(6)</sup> | 47000 | 46492 |
| Eversource Energy, 5.45%, 3/1/28 | 92000 | 94456 |
| Niagara Mohawk Power Corp., 6.00%, 7/3/55<sup>(6)</sup> | 45000 | 45391 |
| PacifiCorp, 6.25%, 10/15/37 | 39000 | 40970 |
| PacifiCorp, 5.35%, 12/1/53 | 53000 | 46771 |
| PSEG Power LLC, 5.20%, 5/15/30<sup>(6)</sup> | 94000 | 96459 |
| Southern California Edison Co., 5.45%, 6/1/31 | 38000 | 39340 |
| Southern California Edison Co., 5.875%, 12/1/53 | 49000 | 47134 |
| Xcel Energy, Inc., 5.60%, 4/15/35 | 133000 | 137494 |
| Xcel Energy, Inc., 6.50%, 7/1/36 | 31000 | 33794 |
|  |  | 628301 |
| **Electronic Equipment, Instruments and Components — 0.0%** |  |  |
| Amphenol Corp., 4.40%, 2/15/33 | 97000 | 95916 |
| **Energy Equipment and Services — 0.0%** |  |  |
| Patterson-UTI Energy, Inc., 7.15%, 10/1/33 | 89000 | 95938 |
| **Entertainment — 0.0%** |  |  |
| Meta Platforms, Inc., 5.75%, 5/15/63 | 48000 | 45643 |
| Meta Platforms, Inc., 5.55%, 8/15/64 | 49000 | 45020 |
|  |  | 90663 |
| **Financial Services — 1.2%** |  |  |
| Apollo Global Management, Inc., 5.15%, 8/12/35 | 84000 | 83685 |
| Bank of America Corp., VRN, 3.85%, 3/8/37 | 100000 | 93905 |
| Bank of Nova Scotia, VRN, 4.59%, 5/4/37 | 46000 | 45052 |
| Gulf Gate Apartments LLC, VRN, 3.76%, (Acquired 9/29/03 - 11/10/03, Cost $3,000,000), 9/1/28<sup>(8)</sup> | 3000000 | 3000000 |
| Morgan Stanley, VRN, 5.07%, 1/30/37<sup>(7)</sup> | 65000 | 64773 |
| Morgan Stanley, VRN, 5.30%, 4/20/37 | 93000 | 94551 |
|  |  | 3381966 |
| **Gas Utilities — 0.0%** |  |  |
| Southern California Gas Co., 6.00%, 6/15/55 | 44000 | 45170 |
| **Ground Transportation — 0.2%** |  |  |
| Burlington Northern Santa Fe LLC, 5.80%, 3/15/56 | 17000 | 17452 |
| Fedex Freight Holding Co., Inc., 4.65%, 3/15/31<sup>(6)(7)</sup> | 30000 | 29990 |
| Fedex Freight Holding Co., Inc., 4.95%, 3/15/33<sup>(6)(7)</sup> | 30000 | 29925 |
| JB Hunt Transport Services, Inc., 4.90%, 3/15/30 | 93000 | 95139 |
| Penske Truck Leasing Co. LP/PTL Finance Corp., 4.55%, 1/15/31<sup>(6)</sup> | 65000 | 64888 |
| Triton Container International Ltd./TAL International Container Corp., 5.15%, 2/15/33 | 65000 | 64743 |
| XPO, Inc., 6.25%, 6/1/28<sup>(6)</sup> | 93000 | 94786 |
|  |  | 396923 |
| **Health Care Providers and Services — 0.2%** |  |  |
| Ascension Health, 4.92%, 11/15/35 | 54000 | 54062 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Centene Corp., 2.45%, 7/15/28 | $102000 | $96026 |
| CommonSpirit Health, 4.98%, 9/1/35 | 96000 | 94620 |
| CommonSpirit Health, 5.66%, 9/1/55 | 48000 | 46653 |
| CVS Health Corp., 6.00%, 6/1/44 | 46000 | 46139 |
| CVS Health Corp., 5.875%, 6/1/53 | 48000 | 46354 |
| CVS Health Corp., 6.00%, 6/1/63 | 48000 | 46165 |
| Health Care Service Corp. A Mutual Legal Reserve Co., 5.875%, 6/15/54<sup>(6)</sup> | 47000 | 45429 |
| Sutter Health, 5.54%, 8/15/35 | 10000 | 10426 |
|  |  | 485874 |
| **Health Care REITs — 0.0%** |  |  |
| National Health Investors, Inc., 5.35%, 2/1/33 | 95000 | 95175 |
| **Household Durables — 0.0%** |  |  |
| Meritage Homes Corp., 5.125%, 6/6/27 | 40000 | 40300 |
| **Insurance — 0.2%** |  |  |
| American National Global Funding, 5.55%, 1/28/30<sup>(6)</sup> | 16000 | 16470 |
| American National Global Funding, 4.875%, 1/23/31<sup>(6)</sup> | 55000 | 54799 |
| Athene Global Funding, 5.54%, 8/22/35<sup>(6)</sup> | 42000 | 42136 |
| Lincoln Financial Global Funding, 4.20%, 1/12/29<sup>(6)</sup> | 65000 | 64960 |
| NLG Global Funding, 5.40%, 1/23/30<sup>(6)</sup> | 68000 | 70059 |
| RGA Global Funding, 5.00%, 8/25/32<sup>(6)</sup> | 93000 | 93896 |
| Western-Southern Global Funding, 4.25%, 1/29/29<sup>(6)</sup> | 35000 | 35092 |
| Willis North America, Inc., 4.55%, 3/15/31 | 65000 | 64998 |
|  |  | 442410 |
| **Interactive Media and Services — 0.0%** |  |  |
| Meta Platforms, Inc., 5.625%, 11/15/55 | 48000 | 45705 |
| **IT Services — 0.0%** |  |  |
| CDW LLC/CDW Finance Corp., 3.25%, 2/15/29 | 99000 | 95565 |
| **Life Sciences Tools and Services — 0.1%** |  |  |
| Illumina, Inc., 4.75%, 12/12/30 | 96000 | 97036 |
| **Machinery — 0.1%** |  |  |
| Caterpillar Financial Services Corp., 4.40%, 3/3/28 | 94000 | 95182 |
| Cummins, Inc., 5.30%, 5/9/35 | 91000 | 94064 |
| IDEX Corp., 4.95%, 9/1/29 | 92000 | 93974 |
| Stanley Black & Decker, Inc., 2.30%, 3/15/30 | 104000 | 95696 |
|  |  | 378916 |
| **Media — 0.1%** |  |  |
| Comcast Corp., 5.50%, 5/15/64 | 52000 | 46686 |
| Cox Communications, Inc., 5.70%, 6/15/33<sup>(6)</sup> | 95000 | 95904 |
| Paramount Global, 4.95%, 1/15/31 | 64000 | 61250 |
|  |  | 203840 |
| **Metals and Mining — 0.1%** |  |  |
| Barrick North America Finance LLC, 5.70%, 5/30/41 | 46000 | 46873 |
| BHP Billiton Finance USA Ltd., 5.75%, 9/5/55 | 45000 | 46090 |
| Glencore Funding LLC, 5.19%, 4/1/30<sup>(6)</sup> | 92000 | 94748 |
| Rio Tinto Finance USA PLC, 5.875%, 3/14/65 | 45000 | 46202 |
|  |  | 233913 |
| **Oil, Gas and Consumable Fuels — 0.4%** |  |  |
| Antero Resources Corp., 7.625%, 2/1/29<sup>(6)</sup> | 75000 | 76191 |
| Continental Resources, Inc., 4.375%, 1/15/28 | 94000 | 94151 |
| Devon Energy Corp., 5.75%, 9/15/54 | 51000 | 48486 |
| Energy Transfer LP, 5.35%, 1/15/36 | 45000 | 44969 |
| Energy Transfer LP, 6.20%, 4/1/55 | 47000 | 46516 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Energy Transfer LP, 6.30%, 1/15/56 | $45000 | $45017 |
| MPLX LP, 6.20%, 9/15/55 | 46000 | 46043 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 177000 | 172783 |
| Plains All American Pipeline LP, 5.95%, 6/15/35 | 43000 | 44855 |
| Plains All American Pipeline LP/PAA Finance Corp., 5.60%, 1/15/36 | 93000 | 94397 |
| Shell Finance U.S., Inc., 4.00%, 5/10/46 | 58000 | 47045 |
| Targa Resources Corp., 5.40%, 7/30/36 | 63000 | 63133 |
| TotalEnergies Capital SA, 5.43%, 9/10/64 | 49000 | 46180 |
| Western Midstream Operating LP, 5.30%, 3/1/48 | 53000 | 46213 |
| Woodside Finance Ltd., 6.00%, 5/19/35 | 92000 | 95737 |
|  |  | 1011716 |
| **Passenger Airlines — 0.1%** |  |  |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(6)</sup> | 27 | 27 |
| Southwest Airlines Co., 2.625%, 2/10/30 | 102000 | 94965 |
| Southwest Airlines Co., 5.25%, 11/15/35 | 39000 | 38190 |
| United Airlines, Inc., 4.625%, 4/15/29<sup>(6)</sup> | 95000 | 94957 |
|  |  | 228139 |
| **Personal Care Products — 0.0%** |  |  |
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 6.625%, 7/15/30<sup>(6)</sup> | 90000 | 92373 |
| **Pharmaceuticals — 0.2%** |  |  |
| McKesson Corp., 4.65%, 5/30/30 | 94000 | 95547 |
| Merck & Co., Inc., 5.70%, 9/15/55 | 46000 | 46220 |
| Novartis Capital Corp., 4.60%, 11/5/35 | 96000 | 95083 |
| Novartis Capital Corp., 5.30%, 11/5/55 | 48000 | 46426 |
| Pfizer Investment Enterprises Pte. Ltd., 5.34%, 5/19/63 | 51000 | 47475 |
| Viatris, Inc., 2.30%, 6/22/27 | 98000 | 95459 |
| Viatris, Inc., 2.70%, 6/22/30 | 50000 | 45829 |
|  |  | 472039 |
| **Real Estate Management and Development — 0.0%** |  |  |
| Jones Lang LaSalle, Inc., 6.875%, 12/1/28 | 60000 | 64072 |
| **Semiconductors and Semiconductor Equipment — 0.2%** |  |  |
| Applied Materials, Inc., 1.75%, 6/1/30 | 106000 | 95997 |
| Broadcom, Inc., 4.30%, 1/15/31 | 30000 | 29990 |
| Intel Corp., 4.80%, 10/1/41 | 52000 | 46695 |
| KLA Corp., 4.65%, 7/15/32 | 41000 | 41628 |
| KLA Corp., 5.25%, 7/15/62 | 49000 | 45614 |
| Qorvo, Inc., 4.375%, 10/15/29 | 97000 | 95612 |
| QUALCOMM, Inc., 5.00%, 5/20/35 | 94000 | 95116 |
|  |  | 450652 |
| **Software — 0.1%** |  |  |
| Cadence Design Systems, Inc., 4.30%, 9/10/29 | 95000 | 95627 |
| Oracle Corp., 6.15%, 11/9/29 | 90000 | 93891 |
| Oracle Corp., 4.30%, 7/8/34 | 55000 | 49692 |
| Oracle Corp., 5.375%, 9/27/54 | 54000 | 43422 |
|  |  | 282632 |
| **Specialty Retail — 0.1%** |  |  |
| Genuine Parts Co., 4.95%, 8/15/29 | 93000 | 94529 |
| Genuine Parts Co., 2.75%, 2/1/32 | 39000 | 34613 |
| Home Depot, Inc., 5.15%, 6/25/26 | 200000 | 201138 |
|  |  | 330280 |
| **Thrifts and Mortgage Finance — 0.0%** |  |  |
| Enact Holdings, Inc., 6.25%, 5/28/29 | 60000 | 62906 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal<br>Amount** | **Value** |
| **Tobacco — 0.0%** | | | |
| BAT Capital Corp., 7.08%, 8/2/53 |  | $40000 | $45282 |
| **Transportation Infrastructure — 0.0%** |  |  |  |
| FedEx Corp., 3.25%, 5/15/41 |  | 64000 | 49315 |
| FedEx Corp., 4.10%, 2/1/45 |  | 58000 | 46759 |
|  |  |  | 96074 |
| **Wireless Telecommunication Services — 0.0%** |  |  |  |
| T-Mobile USA, Inc., 5.85%, 2/15/56 |  | 45000 | 44406 |
| **TOTAL CORPORATE BONDS**<br>(Cost $15,530,142) |  |  | **15537285** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 5.3%** |  |  |  |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 5.3%** |  |  |  |
| FHLMC, 6.00%, 2/1/38 |  | 34522 | 36491 |
| FHLMC, 4.50%, 10/1/52 |  | 1168903 | 1150478 |
| FHLMC, 5.50%, 12/1/52 |  | 1184041 | 1207160 |
| FHLMC, 5.00%, 6/1/53 |  | 1288823 | 1294024 |
| FNMA, 3.50%, 9/1/52 |  | 1518562 | 1406929 |
| FNMA, 4.50%, 10/1/52 |  | 2581733 | 2542632 |
| FNMA, 5.50%, 3/1/54 |  | 1386720 | 1410066 |
| FNMA, 4.00%, 1/1/55 |  | 1437008 | 1376677 |
| GNMA, 5.00%, TBA |  | 1378000 | 1377995 |
| GNMA, 8.25%, 7/15/26 |  | 921 | 924 |
| GNMA, 7.00%, 12/15/27 |  | 3187 | 3233 |
| GNMA, 6.50%, 3/15/28 |  | 1774 | 1798 |
| GNMA, 6.00%, 10/15/28 |  | 2203 | 2254 |
| GNMA, 7.00%, 5/15/31 |  | 1077 | 1123 |
| GNMA, 6.50%, 10/15/38 |  | 113943 | 122136 |
| GNMA, 4.50%, 6/15/41 |  | 50984 | 50876 |
| GNMA, 3.50%, 6/20/42 |  | 77368 | 73327 |
| GNMA, 4.00%, 4/20/54 |  | 1862724 | 1768122 |
| UMBS, 5.00%, TBA |  | 1444000 | 1443941 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES**<br>(Cost $14,953,474) |  |  | **15270186** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 4.3%** |  |  |  |
| **Australia — 0.4%** |  |  |  |
| Australia Government Bonds, 3.00%, 3/21/47 | AUD | 505000 | 252486 |
| Queensland Treasury Corp., 4.50%, 8/22/35<sup>(6)</sup> | AUD | 510000 | 334193 |
| Treasury Corp. of Victoria, 2.00%, 9/17/35 | AUD | 870000 | 454338 |
|  |  |  | 1041017 |
| **Belgium — 0.3%** |  |  |  |
| Kingdom of Belgium Government Bonds, 2.85%, 10/22/34<sup>(6)</sup> | EUR | 800000 | 926009 |
| Kingdom of Belgium Government Bonds, 4.25%, 3/28/41<sup>(6)</sup> | EUR | 47000 | 58744 |
|  |  |  | 984753 |
| **Canada — 0.1%** |  |  |  |
| Province of Quebec, 5.75%, 12/1/36 | CAD | 325000 | 274338 |
| Province of Quebec, 5.00%, 12/1/41 | CAD | 33000 | 25838 |
| Province of Quebec, 3.50%, 12/1/48 | CAD | 102000 | 62750 |
|  |  |  | 362926 |
| **Colombia — 0.1%** |  |  |  |
| Colombia Government International Bonds, 5.00%, 9/19/32 | EUR | 310000 | 355747 |
| **Indonesia — 0.1%** |  |  |  |
| Indonesia Treasury Bonds, 7.00%, 2/15/33 | IDR | 2800000000 | 172817 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal<br>Amount** | **Value** |
| **Japan — 0.3%** | | | |
| Japan Government Thirty Year Bonds, 1.40%, 12/20/45 | JPY | 11400000 | $54615 |
| Japan Government Thirty Year Bonds, 1.40%, 3/20/53 | JPY | 72800000 | 291352 |
| Japan Government Thirty Year Bonds, 1.20%, 6/20/53 | JPY | 81500000 | 306871 |
| Japan Government Thirty Year Bonds, 1.80%, 9/20/53 | JPY | 35600000 | 157547 |
|  |  |  | 810385 |
| **Malaysia — 0.1%** |  |  |  |
| Malaysia Government Bonds, 3.83%, 7/5/34 | MYR | 750000 | 194371 |
| **Mexico — 0.4%** |  |  |  |
| Eagle Funding Luxco SARL, 5.50%, 8/17/30<sup>(6)</sup> |  | $504000 | 512604 |
| Mexico Government International Bonds, 4.875%, 5/16/36 | EUR | 530000 | 628486 |
|  |  |  | 1141090 |
| **New Zealand — 1.0%** |  |  |  |
| New Zealand Government Bonds, 2.00%, 5/15/32 | NZD | 2000000 | 1059304 |
| New Zealand Government Bonds, 4.50%, 5/15/35 | NZD | 3090000 | 1858141 |
|  |  |  | 2917445 |
| **Norway — 0.3%** |  |  |  |
| Norway Government Bonds, 4.125%, 6/3/36<sup>(6)(7)</sup> | NOK | 8372000 | 864393 |
| **Poland — 0.2%** |  |  |  |
| Republic of Poland Government Bonds, 1.75%, 4/25/32 | PLN | 2000000 | 478102 |
| **Saudi Arabia — 0.2%** |  |  |  |
| Saudi Government International Bonds, 4.875%, 1/12/36<sup>(6)</sup> |  | $620000 | 613485 |
| **South Africa — 0.1%** |  |  |  |
| Republic of South Africa Government Bonds, 8.50%, 1/31/37 | ZAR | 4000000 | 248673 |
| **Spain — 0.6%** |  |  |  |
| Spain Government Bonds, 3.10%, 7/30/31 | EUR | 1490000 | 1802956 |
| **Turkey — 0.1%** |  |  |  |
| Turkiye Government International Bonds, 6.875%, 1/14/38 |  | $310000 | 307334 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES**<br>(Cost $12,784,599) |  |  | **12295494** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 2.6%** |  |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 2.6%** |  |  |  |
| BRAVO Residential Funding Trust, Series 2024-NQM5, Class A3, 6.16%, 6/25/64<sup>(6)</sup> |  | 234226 | 236894 |
| Chase Home Lending Mortgage Trust, Series 2025-10, Class A4A, VRN, 5.50%, 7/25/56<sup>(6)</sup> |  | 417892 | 422238 |
| Chase Home Lending Mortgage Trust, Series 2025-8, Class A4, SEQ, VRN, 6.00%, 6/25/56<sup>(6)</sup> |  | 608842 | 616617 |
| Ellington Financial Mortgage Trust, Series 2022-4, Class A3, 5.90%, 9/25/67<sup>(6)</sup> |  | 148967 | 149217 |
| GS Mortgage-Backed Securities Trust, Series 2024-PJ1, Class A15, VRN, 6.00%, 6/25/54<sup>(6)</sup> |  | 118021 | 118824 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ5, Class A5, VRN, 5.50%, 10/25/55<sup>(6)</sup> |  | 272354 | 273880 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ6, Class A4, SEQ, VRN, 6.00%, 11/25/55<sup>(6)</sup> |  | 288874 | 293632 |
| JP Morgan Mortgage Trust, Series 2014-5, Class A1, VRN, 2.55%, 10/25/29<sup>(6)</sup> |  | 9891 | 9789 |
| JP Morgan Mortgage Trust, Series 2024-1, Class A4, SEQ, VRN, 6.00%, 6/25/54<sup>(6)</sup> |  | 237232 | 238826 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A4, VRN, 6.00%, 6/25/55<sup>(6)</sup> |  | 234811 | 237013 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A9, VRN, 6.15%, 6/25/55<sup>(6)</sup> |  | 258852 | 263324 |
| JP Morgan Mortgage Trust, Series 2024-2, Class A3, VRN, 6.00%, 8/25/54<sup>(6)</sup> |  | 191231 | 193363 |
| JP Morgan Mortgage Trust, Series 2024-6, Class A9A, VRN, 6.00%, 12/25/54<sup>(6)</sup> |  | 372491 | 376883 |
| JP Morgan Mortgage Trust, Series 2025-NQM1, Class A3, 5.97%, 6/25/65<sup>(6)</sup> |  | 200394 | 202585 |
| OBX Trust, Series 2025-J3, Class A5, SEQ, VRN, 5.00%, 10/25/55<sup>(6)</sup> |  | 319661 | 318967 |
| OBX Trust, Series 2025-NQM15, Class A1B, 5.14%, 7/27/65<sup>(6)</sup> |  | 493407 | 496723 |
| PRKCM Trust, Series 2025-AFC1, Class A1B, 5.10%, 10/25/60<sup>(6)</sup> |  | 637399 | 640233 |
| Provident Funding Mortgage Trust, Series 2025-2, Class A4, SEQ, VRN, 5.50%, 6/25/55<sup>(6)</sup> |  | 332232 | 334900 |
| PRPM Trust, Series 2022-NQM1, Class A3, 5.50%, 8/25/67<sup>(6)</sup> |  | 458545 | 457427 |
| Radian Mortgage Capital Trust, Series 2025-J2, Class A15, VRN, 5.50%, 11/25/55<sup>(6)</sup> |  | 503971 | 506884 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal<br>Amount** | **Value** |
| Rate Mortgage Trust, Series 2025-J1, Class A4, VRN, 6.00%, 3/25/55<sup>(6)</sup> | $419867 | $426807 |
| Sequoia Mortgage Trust, Series 2023-4, Class A10, SEQ, VRN, 5.80%, 11/25/53<sup>(6)</sup> | 108419 | 108473 |
| Sequoia Mortgage Trust, Series 2024-2, Class A4, VRN, 6.00%, 3/25/54<sup>(6)</sup> | 249036 | 251606 |
| Sequoia Mortgage Trust, Series 2024-6, Class A11, SEQ, VRN, 6.00%, 7/27/54<sup>(6)</sup> | 249347 | 250913 |
| SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46<sup>(6)</sup> | 9948 | 9025 |
|  |  | 7435043 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 0.0%** |  |  |
| FNMA, Series 2024-R01, Class 1M1, VRN, 4.75%, (30-day average SOFR plus 1.05%), 1/25/44<sup>(6)</sup> | 119340 | 119500 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS**<br>(Cost $7,516,394) |  | **7554543** |
| **ASSET-BACKED SECURITIES — 1.1%** |  |  |
| ACM Auto Trust, Series 2025-2A, Class B, 7.25%, 2/20/32<sup>(6)</sup> | 290000 | 293789 |
| ACM Auto Trust, Series 2025-3A, Class B, 6.08%, 7/20/32<sup>(6)</sup> | 265000 | 264501 |
| Blackbird Capital II Aircraft Lease Ltd., Series 2021-1A, Class A, SEQ, 2.44%, 7/15/46<sup>(6)</sup> | 203207 | 194453 |
| Elara HGV Timeshare Issuer LLC, Series 2025-A, Class A, SEQ, 4.54%, 1/25/40<sup>(6)</sup> | 548879 | 549095 |
| JP Morgan Mortgage Trust, Series 2025-CES5, Class A1A, 5.14%, 2/25/56<sup>(6)</sup> | 589530 | 594253 |
| JP Morgan Mortgage Trust, Series 2025-CES5, Class A1B, 5.24%, 2/25/56<sup>(6)</sup> | 598963 | 603752 |
| Lendbuzz Securitization Trust, Series 2026-1A, Class C, 5.74%, 9/15/31<sup>(6)</sup> | 260000 | 259978 |
| Pagaya AI Debt Grantor Trust, Series 2025-6, Class B, 4.88%, 4/15/33<sup>(6)</sup> | 236001 | 235516 |
| USQ Rail I LLC, Series 2021-2A, Class B, SEQ, 2.98%, 2/28/51<sup>(6)</sup> | 269000 | 254883 |
| **TOTAL ASSET-BACKED SECURITIES**<br>(Cost $3,246,750) |  | **3250220** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.7%** |  |  |
| BX Trust, Series 2023-LIFE, Class A, SEQ, 5.05%, 2/15/28<sup>(6)</sup> | 428000 | 424541 |
| Credit Suisse Mortgage Trust, Series 2021-BHAR, Class A, VRN, 4.95%, (1-month SOFR plus 1.26%), 11/15/38<sup>(6)</sup> | 397000 | 394508 |
| DBSG Mortgage Trust, Series 2024-ALTA, Class A, SEQ, VRN, 5.95%, 6/10/37<sup>(6)</sup> | 396000 | 402137 |
| NJ Trust, Series 2023-GSP, Class A, SEQ, VRN, 6.48%, 1/6/29<sup>(6)</sup> | 397000 | 417165 |
| WB Commercial Mortgage Trust, Series 2024-HQ, Class A, SEQ, VRN, 6.13%, 3/15/40<sup>(6)</sup> | 323000 | 323899 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES**<br>(Cost $1,956,718) |  | **1962250** |
| **MUNICIPAL SECURITIES — 0.4%** |  |  |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41 | 9000 | 10412 |
| New York City GO, 6.27%, 12/1/37 | 40000 | 42953 |
| North Dakota Housing Finance Agency Rev., VRDN, 3.75%, 2/6/26 (SBBPA: Royal Bank of Canada) | 750000 | 750000 |
| Port Authority of New York & New Jersey Rev., 4.93%, 10/1/51 | 50000 | 46583 |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60 | 125000 | 81146 |
| State of California GO, 7.60%, 11/1/40 | 65000 | 78992 |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41 | 30000 | 30455 |
| **TOTAL MUNICIPAL SECURITIES**<br>(Cost $1,085,108) |  | **1040541** |
| **EXCHANGE-TRADED FUNDS — 0.1%** |  |  |
| iShares Core S&P 500 ETF | 228 | 158467 |
| iShares MSCI EAFE Small-Cap ETF<sup>(3)</sup> | 242 | 19788 |
| **TOTAL EXCHANGE-TRADED FUNDS**<br>(Cost $174,405) |  | **178255** |
| **PREFERRED SECURITIES — 0.0%** |  |  |
| **Oil, Gas and Consumable Fuels — 0.0%** |  |  |
| BP Capital Markets PLC, 6.45%<br>(Cost $93,438) | 88000 | **93571** |
| **RIGHTS — 0.0%** |  |  |
| **Biotechnology — 0.0%** |  |  |
| Akero Therapeutics, Inc.<sup>(2)</sup><br>(Cost $211) | 325 | **211** |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
|<br>**SHORT-TERM INVESTMENTS — 7.8%** | **Shares/Principal<br>Amount** | **Value** |
| **Commercial Paper**<sup>(9)</sup> **— 4.2%** | | |
| Brigantine Funding Co. LLC, 4.07%, 2/5/26<sup>(6)</sup> | $1500000 | $1499073 |
| Endeavour Funding Co. LLC, 4.03%, 4/10/26 (LOC: HSBC Bank PLC)<sup>(6)</sup> | 2000000 | 1985456 |
| Ionic Funding LLC, 4.24%, 2/4/26 (LOC: Bank of America N.A.)<sup>(6)</sup> | 1000000 | 999484 |
| Ionic Funding LLC, VRN, 3.89%, (SOFR plus 0.24%), 2/4/26<sup>(6)</sup> | 1000000 | 999984 |
| Ionic Funding LLC, Series IIA, 3.94%, 5/22/26<sup>(6)</sup> | 1250000 | 1235222 |
| Ionic Funding LLC, Series MCIA, 3.95%, 4/27/26<sup>(6)</sup> | 3000000 | 2972668 |
| Overwatch Alpha Funding LLC, 3.76%, 2/2/26<sup>(6)</sup> | 1300000 | 1299602 |
| Overwatch Bravo Funding LLC, 3.87%, 2/13/26<sup>(6)</sup> | 1000000 | 998563 |
|  |  | 11990052 |
| **Money Market Funds — 2.7%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 7051083 | 7051083 |
| State Street Navigator Securities Lending Government Money Market Portfolio<sup>(10)</sup> | 641135 | 641135 |
|  |  | 7692218 |
| **Treasury Bills**<sup>(9)</sup> **— 0.9%** |  |  |
| U.S. Treasury Bills, 3.66%, 3/19/26 | $1500000 | 1493213 |
| U.S. Treasury Bills, 3.64%, 3/26/26 | 1000000 | 994769 |
|  |  | 2487982 |
| **TOTAL SHORT-TERM INVESTMENTS**<br>(Cost $22,172,689) |  | **22170252** |
| **TOTAL INVESTMENT SECURITIES — 101.1%**<br>(Cost $242,338,921) |  | **288417273** |
| **OTHER ASSETS AND LIABILITIES — (1.1)%** |  | **(3217153)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**285200120** |

---

**FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized Appreciation (Depreciation)** |
| USD | 249444 | AUD | 374893 | Morgan Stanley & Co. LLC | 3/18/26 | $(11585) |
| USD | 753240 | AUD | 1136866 | UBS AG | 3/18/26 | (38335) |
| CAD | 3829 | USD | 2796 | Citibank NA | 3/27/26 | 23 |
| CAD | 4908 | USD | 3576 | Citibank NA | 3/27/26 | 36 |
| CAD | 3490 | USD | 2545 | Citibank NA | 3/27/26 | 25 |
| CAD | 870 | USD | 635 | Citibank NA | 3/27/26 | 5 |
| CAD | 910 | USD | 670 | Citibank NA | 3/27/26 |  |
| USD | 379635 | CAD | 520337 | Morgan Stanley & Co. LLC | 3/18/26 | (3215) |
| USD | 35420 | CAD | 48549 | Citibank NA | 3/27/26 | (315) |
| USD | 2054 | CAD | 2783 | Citibank NA | 3/27/26 | 6 |
| USD | 864 | CAD | 1168 | Citibank NA | 3/27/26 | 4 |
| EUR | 48053 | USD | 57553 | Morgan Stanley & Co. LLC | 3/18/26 | (478) |
| EUR | 1134 | USD | 1334 | Goldman Sachs & Co. LLC | 3/27/26 | 13 |
| EUR | 1263 | USD | 1490 | Morgan Stanley & Co. LLC | 3/27/26 | 10 |
| EUR | 1353 | USD | 1593 | Morgan Stanley & Co. LLC | 3/27/26 | 15 |
| EUR | 1572 | USD | 1834 | Morgan Stanley & Co. LLC | 3/27/26 | 33 |
| EUR | 10865 | USD | 12749 | Morgan Stanley & Co. LLC | 3/27/26 | 162 |
| USD | 3210308 | EUR | 2715977 | Citibank NA | 3/18/26 | (15601) |
| USD | 390547 | EUR | 333797 | Morgan Stanley & Co. LLC | 3/18/26 | (5921) |
| USD | 97736 | EUR | 83622 | Morgan Stanley & Co. LLC | 3/18/26 | (1587) |
| USD | 129151 | EUR | 110501 | Morgan Stanley & Co. LLC | 3/18/26 | (2096) |
| USD | 10863 | EUR | 9197 | Citibank NA | 3/27/26 | (66) |
| USD | 108051 | EUR | 91485 | Citibank NA | 3/27/26 | (656) |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized Appreciation (Depreciation)** |
| USD | 13247 | EUR | 11208 | Citibank NA | 3/27/26 | $(71) |
| USD | 10868 | EUR | 9197 | Goldman Sachs & Co. LLC | 3/27/26 | (61) |
| USD | 108099 | EUR | 91485 | Goldman Sachs & Co. LLC | 3/27/26 | (608) |
| USD | 26157 | EUR | 22146 | Goldman Sachs & Co. LLC | 3/27/26 | (158) |
| USD | 1275 | EUR | 1079 | Goldman Sachs & Co. LLC | 3/27/26 | (8) |
| USD | 3894 | EUR | 3312 | Goldman Sachs & Co. LLC | 3/27/26 | (41) |
| USD | 14482 | EUR | 12344 | Goldman Sachs & Co. LLC | 3/27/26 | (187) |
| USD | 10855 | EUR | 9197 | Morgan Stanley & Co. LLC | 3/27/26 | (74) |
| USD | 107973 | EUR | 91485 | Morgan Stanley & Co. LLC | 3/27/26 | (735) |
| USD | 11619 | EUR | 9820 | Morgan Stanley & Co. LLC | 3/27/26 | (50) |
| USD | 12849 | EUR | 10910 | Morgan Stanley & Co. LLC | 3/27/26 | (115) |
| USD | 3070 | EUR | 2616 | Morgan Stanley & Co. LLC | 3/27/26 | (38) |
| USD | 3142 | EUR | 2682 | Morgan Stanley & Co. LLC | 3/27/26 | (46) |
| USD | 3084 | EUR | 2651 | Morgan Stanley & Co. LLC | 3/27/26 | (66) |
| USD | 14261 | EUR | 12063 | Morgan Stanley & Co. LLC | 3/27/26 | (72) |
| USD | 2938 | EUR | 2456 | Morgan Stanley & Co. LLC | 3/27/26 | 20 |
| USD | 108091 | EUR | 91485 | UBS AG | 3/27/26 | (617) |
| USD | 10867 | EUR | 9197 | UBS AG | 3/27/26 | (62) |
| USD | 13331 | EUR | 11444 | UBS AG | 3/27/26 | (267) |
| USD | 1584 | EUR | 1345 | UBS AG | 3/27/26 | (14) |
| GBP | 6675 | USD | 9002 | Bank of America NA | 3/27/26 | 131 |
| GBP | 4625 | USD | 6218 | Bank of America NA | 3/27/26 | 111 |
| GBP | 5977 | USD | 8044 | Bank of America NA | 3/27/26 | 134 |
| GBP | 5767 | USD | 7744 | Goldman Sachs & Co. LLC | 3/27/26 | 147 |
| GBP | 3831 | USD | 5253 | Goldman Sachs & Co. LLC | 3/27/26 | (11) |
| GBP | 8716 | USD | 11657 | JPMorgan Chase Bank NA | 3/27/26 | 269 |
| GBP | 5982 | USD | 8053 | JPMorgan Chase Bank NA | 3/27/26 | 132 |
| USD | 86827 | GBP | 64868 | Citibank NA | 3/27/26 | (1929) |
| USD | 86793 | GBP | 64868 | Goldman Sachs & Co. LLC | 3/27/26 | (1963) |
| USD | 86805 | GBP | 64868 | JPMorgan Chase Bank NA | 3/27/26 | (1951) |
| USD | 177754 | IDR | 2974020090 | Goldman Sachs & Co. LLC | 3/25/26 | 664 |
| USD | 873029 | JPY | 134170973 | Morgan Stanley & Co. LLC | 3/18/26 | 2868 |
| USD | 84030 | JPY | 13231561 | UBS AG | 3/18/26 | (1783) |
| USD | 194576 | MYR | 798230 | Goldman Sachs & Co. LLC | 3/18/26 | (8202) |
| USD | 861331 | NOK | 8292299 | Morgan Stanley & Co. LLC | 3/18/26 | 461 |
| USD | 1799462 | NZD | 3090453 | Morgan Stanley & Co. LLC | 3/18/26 | (64265) |
| USD | 1025614 | NZD | 1765569 | Morgan Stanley & Co. LLC | 3/18/26 | (39130) |
| USD | 459185 | PLN | 1667594 | Morgan Stanley & Co. LLC | 3/18/26 | (10120) |
| USD | 233645 | ZAR | 3998602 | Goldman Sachs & Co. LLC | 3/18/26 | (13106) |
|  |  |  |  |  |  | $(220336) |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| Australian 10-Year Government Bonds | 15 | March 2026 | $1140119 | $(5859) |
| Canadian 10-Year Government Bonds | 12 | March 2026 | 1067058 | (10166) |
| Euro-BTP Italian Government 10-Year Bonds | 10 | March 2026 | 1435577 | 4179 |
| Euro-Bund 10-Year Bonds | 26 | March 2026 | 3950082 | (2830) |
| Euro-OAT 10-Year Bonds | 13 | March 2026 | 1878886 | 12151 |
| Japanese 10-Year Government Bonds | 3 | March 2026 | 2551241 | (37044) |
| Korean Treasury 10-Year Bonds | 9 | March 2026 | 693726 | (10755) |
| U.K. Gilt 10-Year Bonds | 11 | March 2026 | 1367461 | 2319 |
| U.S. Treasury Long Bonds | 12 | March 2026 | 1381500 | (4273) |
|  |  |  | $15465650 | $(52278) |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| U.S. Treasury 2-Year Notes | 60 | March 2026 | $12509531 | $18773 |
| U.S. Treasury 5-Year Notes | 32 | March 2026 | 3485750 | (828) |
| U.S. Treasury 10-Year Notes | 20 | March 2026 | 559141 | 9539 |
| U.S. Treasury 10-Year Ultra Notes | 2 | March 2026 | 228312 | 340 |
| U.S. Treasury Long Bonds | 6 | March 2026 | 690750 | 926 |
|  |  |  | $17473484 | $28750 |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** |
| **Reference Entity** | **Type**<sup>‡</sup> | **Fixed Rate Received<br>(Paid) Quarterly** | **Termination<br>Date** | | **Notional<br>Amount** | **Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Value^** |
| Markit CDX North America High Yield Index Series 45 | Sell | 5.00% | 12/20/30 |  | $2772000 | $186174 | $62327 | $248501 |
| Markit CDX North America Investment Grade Index Series 44 | Buy | (1.00)% | 6/20/30 |  | $3950000 | (84225) | (8135) | (92360) |
| Markit CDX North America Investment Grade Index Series 45 | Buy | (1.00)% | 12/20/30 |  | $3300000 | (67079) | (11071) | (78150) |
| Markit iTraxx Europe Crossover Index Series 43 | Sell | 5.00% | 6/20/30 | EUR | 6670 | (9125) | 10041 | 916 |
| Markit iTraxx Europe Senior Financial Index Series 44 | Sell | 1.00% | 12/20/30 | EUR | 950000 | 20171 | 5099 | 25270 |
|  |  |  |  |  |  | $45916 | $58261 | $104177 |

---

‡The maximum potential amount the fund could be required to deliver as a seller of credit protection if a credit event occurs as defined under the terms of the agreement is the notional amount. The maximum potential amount may be partially offset by any recovery values of the reference entities and upfront payments received upon entering into the agreement.

^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** |
| **Floating Rate Index** | **Pay/Receive Floating <br>Rate Index at<br>Termination** | **Fixed Rate** | **Termination <br>Date** | **Notional <br>Amount** | **Premiums Paid (Received)** | **Unrealized <br>Appreciation <br>(Depreciation)** | **Value** |
| CPURNSA | Receive | 2.44% | 12/10/30 | $3100000 | $504 | $4784 | $5288 |
| CPURNSA | Receive | 2.43% | 12/11/30 | $4500000 | 512 | 7401 | 7913 |
| CPURNSA | Receive | 2.52% | 2/3/31 | $1700000 | 510 | (51) | 459 |
|  |  |  |  |  | $1526 | $12134 | $13660 |

---

------

Schedule of Investments - Strategic Allocation: Conservative Fund

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| ADR | – | American Depositary Receipt |
| AUD | – | Australian Dollar |
| CAD | – | Canadian Dollar |
| CDX | – | Credit Derivatives Indexes |
| CPURNSA | – | U.S. Consumer Price Index Urban Consumers Not Seasonally Adjusted Index |
| EUR | – | Euro |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GBP | – | British Pound |
| GDR | – | Global Depositary Receipt |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| IDR | – | Indonesian Rupiah |
| JPY | – | Japanese Yen |
| LOC | – | Letter of Credit |
| MYR | – | Malaysian Ringgit |
| NOK | – | Norwegian Krone |
| NZD | – | New Zealand Dollar |
| PLN | – | Polish Zloty |
| SBBPA | – | Standby Bond Purchase Agreement |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| UMBS | – | Uniform Mortgage-Backed Securities |
| USD | – | United States Dollar |
| VRDN | – | Variable Rate Demand Note. The instrument may be payable upon demand and adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The date of the demand feature is disclosed. |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |
| ZAR | – | South African Rand |

---

(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds.

(2)Non-income producing.

(3)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $1,804,441. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

(4)Security may be subject to resale, redemption or transferability restrictions.

(5)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, forward foreign currency exchange contracts, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $1,244,566.

(6)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $29,804,616, which represented 10.5% of total net assets.

(7)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(8)Restricted security that may not be offered for public sale without being registered with the Securities and Exchange Commission and/or may be subject to resale, redemption or transferability restrictions. The aggregate value of these securities at the period end was $3,000,000, which represented 1.1% of total net assets.

(9)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.

(10)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $1,882,643, which includes securities collateral of $1,241,508.

------

Schedule of Investments - Strategic Allocation: Conservative Fund

**AFFILIATED FUND TRANSACTIONS**

A summary of transactions for each affiliated fund for the period ended January 31, 2026 follows (amounts in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Fund**<sup>(1)</sup> | **Beginning Value** | **Purchase <br>Cost** | **Sales <br>Cost** | **Change in Net Unrealized Appreciation (Depreciation)** | **Ending <br>Value** | **Ending <br>Shares** | **Net Realized <br>Gain (Loss)** | **Distributions <br>Received**<sup>(2)</sup> |
| American Century Diversified Corporate Bond ETF | $15187 |  |  | $192 | $15379 | 324 |  | $392 |
| American Century Focused Dynamic Growth ETF<sup>(3)</sup> | 5112 |  | $315 | 111 | 4908 | 39 | $419 |  |
| American Century Focused Large Cap Value ETF | 4961 | $26 | 291 | 368 | 5064 | 64 | 165 | 46 |
| American Century Multisector Income ETF | 15197 |  |  | 166 | 15363 | 347 |  | 433 |
| American Century Quality Diversified International ETF | 9031 | 465 | 3267 | (500) | 5729 | 85 | 1640 | 72 |
| American Century Short Duration Strategic Income ETF | 1634 | 11360 |  | 48 | 13042 | 252 |  | 216 |
| American Century U.S. Quality Growth ETF | 11870 | 3925 | 181 | 317 | 15931 | 141 | 1 | 17 |
| American Century U.S. Quality Value ETF<sup>(4)</sup> | 13671 | 2867 | 552 | 1767 | 17753 | 259 | 7 | 161 |
| Avantis International Equity ETF | 7082 | 984 | 2611 | 970 | 6425 | 74 | 230 | 74 |
| Avantis International Small Cap Value ETF | 1574 | 583 | 312 | 309 | 2154 | 21 | 108 | 32 |
| Avantis U.S. Equity ETF<sup>(4)</sup> | 11238 | 2631 | 329 | 1467 | 15007 | 130 | 12 | 74 |
| Avantis U.S. Small Cap Value ETF | 2692 | 5 | 674 | 130 | 2153 | 20 | 330 | 21 |
|  | $99249 | $22846 | $8532 | $5345 | $118908 | 1756 | $2912 | $1538 |

---

(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds. Additional information and attributes of each affiliated fund are available at americancentury.com or avantisinvestors.com.

(2)Distributions received includes distributions from net investment income and from capital gains, if any.

(3)Non-income producing.

(4)Security, or a portion thereof, is on loan.

------

Schedule of Investments - Strategic Allocation: Conservative Fund

**FAIR VALUE MEASUREMENTS**

The following is a summary of the fund's valuation inputs as of period end.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | | | |
| **Investment Securities** | | | |
| Affiliated Funds | $118908189 |  |  |
| Common Stocks | 37327773 | $14448455 |  |
| U.S. Treasury Securities |  | 38380048 |  |
| Corporate Bonds |  | 15537285 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 15270186 |  |
| Sovereign Governments and Agencies |  | 12295494 |  |
| Collateralized Mortgage Obligations |  | 7554543 |  |
| Asset-Backed Securities |  | 3250220 |  |
| Commercial Mortgage-Backed Securities |  | 1962250 |  |
| Municipal Securities |  | 1040541 |  |
| Exchange-Traded Funds | 178255 |  |  |
| Preferred Securities |  | 93571 |  |
| Rights | 211 |  |  |
| Short-Term Investments | 7692218 | 14478034 |  |
|  | $164106646 | $124310627 |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $29578 | $18649 |  |
| Swap Agreements |  | 288347 |  |
| Forward Foreign Currency Exchange Contracts |  | 5269 |  |
|  | $29578 | $312265 |  |
| **Liabilities** |  |  |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $5101 | $66654 |  |
| Swap Agreements |  | 170510 |  |
| Forward Foreign Currency Exchange Contracts |  | 225605 |  |
|  | $5101 | $462769 |  |

---

**DERIVATIVE INSTRUMENTS**

As of period end, the value of derivative instruments located on the Statement of Assets and Liabilities were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** |
| | **Credit** | **Foreign Currency** | **Interest Rate** | **Other Contracts** | **Total** |
| **Asset Derivatives:** | | | | | |
| &nbsp;&nbsp;Receivable for variation margin on futures contracts\* |  |  | $170239 |  | $170239 |
| &nbsp;&nbsp;Unrealized appreciation on forward foreign currency exchange contracts |  | $5269 |  |  | 5269 |
|  |  |  |  |  | $175508 |
| **Liability Derivatives:** |  |  |  |  |  |
| &nbsp;&nbsp;Payable for variation margin on futures contracts\* |  |  | $148385 |  | $148385 |
| &nbsp;&nbsp;Payable for variation margin on swap agreements\* | $1744 |  |  | $8516 | 10260 |
| &nbsp;&nbsp;Unrealized depreciation on forward foreign currency exchange contracts |  | $225605 |  |  | 225605 |
|  |  |  |  |  | $384250 |

---

\*Included in the unrealized appreciation (depreciation) on futures contracts or centrally cleared swap agreements, as applicable, as reported in the Schedule of Investments.

------

Schedule of Investments - Strategic Allocation: Conservative Fund

The following is a summary of the effect of derivative instruments on the Statement of Operations for the period ended January 31, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** |
| | **Credit** | **Foreign Currency** | **Interest Rate** | **Other Contracts** | **Total** |
| **Net realized gain (loss) on:** | | | | | |
| &nbsp;&nbsp;Forward foreign currency exchange transactions |  | $133209 |  |  | $133209 |
| &nbsp;&nbsp;Futures contract transactions |  |  | $(70947) |  | (70947) |
| &nbsp;&nbsp;Swap agreement transactions | $25721 |  |  |  | 25721 |
|  |  |  |  |  | $87983 |
| **Change in net unrealized appreciation (depreciation) on:** |  |  |  |  |  |
| &nbsp;&nbsp;Forward foreign currency exchange contracts |  | $(509045) |  |  | $(509045) |
| &nbsp;&nbsp;Futures contracts |  |  | $(4783) |  | (4783) |
| &nbsp;&nbsp;Swap agreements | $39886 |  |  | $12134 | 52020 |
|  |  |  |  |  | $(461808) |

---

See Notes to Financial Statements.

------

Schedule of Investments - Strategic Allocation: Moderate Fund

**JANUARY 31, 2026 (UNAUDITED)**

---

| | | |
|:---|:---|:---|
|<br>**AFFILIATED FUNDS**<sup>(1)</sup> **— 50.1%** | **Shares/Principal Amount** | **Value** |
| American Century Diversified Corporate Bond ETF | 546672 | $25942320 |
| American Century Focused Dynamic Growth ETF<sup>(2)</sup> | 224931 | 28489760 |
| American Century Focused Large Cap Value ETF | 377432 | 29877517 |
| American Century Multisector Income ETF | 812544 | 36020075 |
| American Century Quality Diversified International ETF | 385170 | 26006678 |
| American Century Short Duration Strategic Income ETF | 433177 | 22455896 |
| American Century U.S. Quality Growth ETF | 439671 | 49515748 |
| American Century U.S. Quality Value ETF<sup>(3)</sup> | 741146 | 50835204 |
| Avantis Emerging Markets Equity ETF | 379179 | 31532526 |
| Avantis International Equity ETF<sup>(3)</sup> | 300081 | 26074038 |
| Avantis International Small Cap Value ETF<sup>(3)</sup> | 102563 | 10371171 |
| Avantis U.S. Equity ETF | 407024 | 47080466 |
| Avantis U.S. Small Cap Value ETF | 47348 | 5173716 |
| **TOTAL AFFILIATED FUNDS** <br>(Cost $260,451,546) |  | **389375115** |
| **COMMON STOCKS — 24.5%** |  |  |
| **Aerospace and Defense — 0.7%** |  |  |
| AAR Corp.<sup>(2)</sup> | 845 | 89494 |
| Airbus SE | 2238 | 512389 |
| Astronics Corp.<sup>(2)</sup> | 1029 | 77947 |
| ATI, Inc.<sup>(2)</sup> | 751 | 90345 |
| Axon Enterprise, Inc.<sup>(2)</sup> | 825 | 398954 |
| Babcock International Group PLC | 7248 | 142905 |
| Carpenter Technology Corp. | 249 | 79140 |
| CSG NV<sup>(2)</sup> | 4314 | 156246 |
| Curtiss-Wright Corp. | 718 | 471503 |
| Exosens SAS | 1912 | 122484 |
| HEICO Corp. | 1231 | 407350 |
| Hexcel Corp. | 3175 | 262922 |
| Howmet Aerospace, Inc. | 5330 | 1109066 |
| Karman Holdings, Inc.<sup>(2)</sup> | 675 | 70065 |
| L3Harris Technologies, Inc. | 1671 | 572902 |
| Rheinmetall AG | 161 | 341134 |
| Rocket Lab Corp.<sup>(2)</sup> | 4838 | 387379 |
|  |  | 5292225 |
| **Air Freight and Logistics — 0.1%** |  |  |
| Deutsche Post AG | 6365 | 355985 |
| FedEx Corp. | 578 | 186260 |
|  |  | 542245 |
| **Automobile Components — 0.2%** |  |  |
| BorgWarner, Inc. | 3593 | 170344 |
| Cie Generale des Etablissements Michelin SCA | 12788 | 474890 |
| Continental AG | 4643 | 365354 |
| Gentex Corp. | 8352 | 192180 |
| JTEKT Corp. | 10800 | 127525 |
| Linamar Corp. | 2835 | 179721 |
|  |  | 1510014 |
| **Automobiles — 0.3%** |  |  |
| Bayerische Motoren Werke AG | 3352 | 345190 |
| Ferrari NV | 1332 | 444283 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Kia Corp. | 758 | $80653 |
| Mercedes-Benz Group AG | 5054 | 345412 |
| Suzuki Motor Corp. | 18900 | 257703 |
| Tesla, Inc.<sup>(2)</sup> | 1650 | 710176 |
|  |  | 2183417 |
| **Banks — 1.5%** |  |  |
| AIB Group PLC | 27642 | 308986 |
| AL Sydbank | 964 | 87304 |
| Banco do Brasil SA | 20100 | 95979 |
| Banco Santander SA | 22040 | 281408 |
| Bancorp, Inc.<sup>(2)</sup> | 1021 | 60688 |
| Bank of America Corp. | 11903 | 633240 |
| Bankinter SA | 4240 | 72377 |
| Barclays PLC | 81291 | 542542 |
| BAWAG Group AG<sup>(2)</sup> | 958 | 155844 |
| BNP Paribas SA | 5254 | 568128 |
| BPER Banca SpA<sup>(3)</sup> | 11569 | 162931 |
| Coastal Financial Corp.<sup>(2)</sup> | 415 | 39749 |
| Commerce Bancshares, Inc. | 11999 | 631627 |
| Erste Group Bank AG | 3675 | 477783 |
| First Hawaiian, Inc. | 10296 | 273359 |
| Hana Financial Group, Inc. | 2440 | 169536 |
| HDFC Bank Ltd. | 23028 | 232842 |
| Itau Unibanco Holding SA, Preference Shares | 28300 | 243221 |
| JPMorgan Chase & Co. | 2190 | 669899 |
| Lloyds Banking Group PLC | 350523 | 523402 |
| Mebuki Financial Group, Inc.<sup>(3)</sup> | 23000 | 173517 |
| NOBA Bank Group AB<sup>(2)</sup> | 7761 | 100762 |
| NU Holdings Ltd., Class A<sup>(2)</sup> | 37111 | 658720 |
| Prosperity Bancshares, Inc. | 7209 | 497493 |
| Rakuten Bank Ltd.<sup>(2)</sup> | 10400 | 497725 |
| Regions Financial Corp. | 20261 | 577439 |
| Societe Generale SA | 15423 | 1351509 |
| Suruga Bank Ltd. | 15300 | 192167 |
| Triumph Financial, Inc.<sup>(2)</sup> | 468 | 29526 |
| Truist Financial Corp. | 8805 | 452753 |
| U.S. Bancorp | 8820 | 494890 |
| United Overseas Bank Ltd. | 12700 | 382767 |
| Westamerica Bancorporation | 3547 | 179407 |
| Woori Financial Group, Inc. | 4891 | 102314 |
|  |  | 11921834 |
| **Beverages — 0.2%** |  |  |
| Anheuser-Busch InBev SA | 1404 | 101064 |
| Celsius Holdings, Inc.<sup>(2)</sup> | 759 | 39832 |
| Heineken NV<sup>(3)</sup> | 7517 | 620525 |
| Lifedrink Co., Inc. | 4500 | 47188 |
| PepsiCo, Inc. | 2155 | 331073 |
| Pernod Ricard SA | 3404 | 304374 |
|  |  | 1444056 |
| **Biotechnology — 0.4%** |  |  |
| AbbVie, Inc. | 1879 | 419036 |
| ADMA Biologics, Inc.<sup>(2)</sup> | 4388 | 75912 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Alkermes PLC<sup>(2)</sup> | 1206 | $40871 |
| Alnylam Pharmaceuticals, Inc.<sup>(2)</sup> | 962 | 325214 |
| Arcellx, Inc.<sup>(2)</sup> | 411 | 28075 |
| Arcutis Biotherapeutics, Inc.<sup>(2)</sup> | 1544 | 39171 |
| Argenx SE, ADR<sup>(2)</sup> | 109 | 91614 |
| Bridgebio Pharma, Inc.<sup>(2)</sup> | 1176 | 90870 |
| Celldex Therapeutics, Inc.<sup>(2)</sup> | 810 | 19926 |
| Centessa Pharmaceuticals PLC, ADR<sup>(2)</sup> | 1302 | 31990 |
| Cogent Biosciences, Inc.<sup>(2)</sup> | 979 | 35156 |
| Cytokinetics, Inc.<sup>(2)</sup> | 497 | 31405 |
| Evommune, Inc.<sup>(2)(3)</sup> | 618 | 11186 |
| Gilead Sciences, Inc. | 2795 | 396750 |
| Grifols SA, Preference Shares | 12829 | 118909 |
| Insmed, Inc.<sup>(2)</sup> | 2003 | 314211 |
| Ionis Pharmaceuticals, Inc.<sup>(2)</sup> | 449 | 37119 |
| Madrigal Pharmaceuticals, Inc.<sup>(2)</sup> | 187 | 91501 |
| Mineralys Therapeutics, Inc.<sup>(2)</sup> | 1022 | 31570 |
| Natera, Inc.<sup>(2)</sup> | 1941 | 448643 |
| Newamsterdam Pharma Co. NV<sup>(2)</sup> | 458 | 14253 |
| Nuvalent, Inc., Class A<sup>(2)</sup> | 409 | 42082 |
| Praxis Precision Medicines, Inc.<sup>(2)</sup> | 120 | 37680 |
| Protagonist Therapeutics, Inc.<sup>(2)</sup> | 577 | 47199 |
| Revolution Medicines, Inc.<sup>(2)</sup> | 481 | 46633 |
| Scholar Rock Holding Corp.<sup>(2)</sup> | 797 | 35339 |
| Twist Bioscience Corp.<sup>(2)</sup> | 584 | 23985 |
| UroGen Pharma Ltd.<sup>(2)</sup> | 1454 | 28513 |
| Vaxcyte, Inc.<sup>(2)</sup> | 386 | 20678 |
| Vera Therapeutics, Inc.<sup>(2)</sup> | 767 | 33180 |
| Vertex Pharmaceuticals, Inc.<sup>(2)</sup> | 513 | 241059 |
| Viking Therapeutics, Inc.<sup>(2)(3)</sup> | 5859 | 170145 |
| Xenon Pharmaceuticals, Inc.<sup>(2)</sup> | 751 | 30799 |
|  |  | 3450674 |
| **Broadline Retail — 0.4%** |  |  |
| Alibaba Group Holding Ltd. | 4800 | 102113 |
| Alibaba Group Holding Ltd., ADR | 4277 | 725208 |
| Amazon.com, Inc.<sup>(2)</sup> | 6951 | 1663374 |
| Coupang, Inc.<sup>(2)</sup> | 11051 | 222788 |
| Ollie's Bargain Outlet Holdings, Inc.<sup>(2)</sup> | 247 | 27247 |
| Ryohin Keikaku Co. Ltd. | 16000 | 319117 |
|  |  | 3059847 |
| **Building Products — 0.2%** |  |  |
| A.O. Smith Corp. | 3368 | 247514 |
| Fortune Brands Innovations, Inc. | 790 | 42739 |
| Hayward Holdings, Inc.<sup>(2)</sup> | 6566 | 105975 |
| Johnson Controls International PLC | 5775 | 688727 |
| Masco Corp. | 3068 | 202764 |
| Munters Group AB | 4055 | 80061 |
| Trane Technologies PLC | 816 | 343193 |
| Trex Co., Inc.<sup>(2)</sup> | 1393 | 57698 |
| Volution Group PLC | 6514 | 57011 |
|  |  | 1825682 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Capital Markets — 0.8%** | | |
| Ameriprise Financial, Inc. | 529 | $278884 |
| Ares Management Corp., Class A | 3133 | 468916 |
| Bank of New York Mellon Corp. | 1180 | 141506 |
| Blackrock, Inc. | 255 | 285330 |
| Coinbase Global, Inc., Class A<sup>(2)</sup> | 577 | 112365 |
| Etoro Group Ltd., Class A<sup>(2)</sup> | 880 | 25872 |
| flatexDEGIRO SE | 1851 | 90291 |
| Goldman Sachs Group, Inc. | 414 | 387260 |
| Hamilton Lane, Inc., Class A | 476 | 67230 |
| HUB24 Ltd. | 822 | 57594 |
| Intercontinental Exchange, Inc. | 1227 | 213228 |
| KKR & Co., Inc. | 1713 | 195727 |
| London Stock Exchange Group PLC | 3998 | 445945 |
| LPL Financial Holdings, Inc. | 1487 | 542012 |
| Miami International Holdings, Inc.<sup>(2)</sup> | 1025 | 42773 |
| Morgan Stanley | 1825 | 333610 |
| MSCI, Inc. | 227 | 138293 |
| Northern Trust Corp. | 3551 | 530626 |
| P10, Inc., Class A<sup>(3)</sup> | 3004 | 32383 |
| Piper Sandler Cos. | 148 | 51260 |
| Raymond James Financial, Inc. | 433 | 71817 |
| S&P Global, Inc. | 875 | 461816 |
| St. James's Place PLC | 6756 | 141101 |
| T. Rowe Price Group, Inc. | 2449 | 258810 |
| TPG, Inc. | 5429 | 319823 |
| XP, Inc., Class A | 24251 | 473137 |
|  |  | 6167609 |
| **Chemicals — 0.3%** |  |  |
| Arkema SA | 5199 | 313094 |
| Axalta Coating Systems Ltd.<sup>(2)</sup> | 5805 | 194932 |
| Chugoku Marine Paints Ltd. | 3000 | 84612 |
| Ecolab, Inc. | 949 | 267609 |
| Element Solutions, Inc. | 2095 | 60964 |
| Linde PLC | 930 | 424982 |
| Novonesis Novozymes B, Class B | 5739 | 351649 |
| PPG Industries, Inc. | 2299 | 265833 |
| Resonac Holdings Corp.<sup>(3)</sup> | 2300 | 133572 |
| Tokyo Ohka Kogyo Co. Ltd. | 2900 | 136885 |
|  |  | 2234132 |
| **Commercial Services and Supplies — 0.1%** |  |  |
| ABM Industries, Inc. | 3371 | 155201 |
| Boyd Group, Inc. | 544 | 89160 |
| Daiei Kankyo Co. Ltd. | 2200 | 58026 |
| Mitie Group PLC | 50020 | 114349 |
| OPENLANE, Inc.<sup>(2)</sup> | 2837 | 85224 |
| Park24 Co. Ltd. | 5900 | 82220 |
| Republic Services, Inc. | 1513 | 325431 |
|  |  | 909611 |
| **Communications Equipment — 0.1%** |  |  |
| Ciena Corp.<sup>(2)</sup> | 905 | 227888 |
| F5, Inc.<sup>(2)</sup> | 1239 | 341481 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Motorola Solutions, Inc. | 820 | $330083 |
|  |  | 899452 |
| **Construction and Engineering — 0.2%** |  |  |
| Argan, Inc. | 181 | 62827 |
| Balfour Beatty PLC | 11274 | 110398 |
| Construction Partners, Inc., Class A<sup>(2)</sup> | 983 | 108012 |
| Eiffage SA | 637 | 94472 |
| EMCOR Group, Inc. | 911 | 656585 |
| INFRONEER Holdings, Inc. | 7100 | 106341 |
| Kinden Corp. | 1200 | 53100 |
| Kumagai Gumi Co. Ltd.<sup>(3)</sup> | 11700 | 131310 |
| Sterling Infrastructure, Inc.<sup>(2)</sup> | 332 | 118826 |
| Ventia Services Group Pty. Ltd. | 31568 | 126429 |
|  |  | 1568300 |
| **Construction Materials — 0.1%** |  |  |
| Amrize Ltd.<sup>(2)</sup> | 4928 | 259311 |
| CRH PLC | 1937 | 237108 |
| SigmaRoc PLC<sup>(2)</sup> | 28075 | 55103 |
| Titan America SA<sup>(2)</sup> | 2778 | 48226 |
| Vulcan Materials Co. | 1769 | 531655 |
|  |  | 1131403 |
| **Consumer Finance — 0.1%** |  |  |
| American Express Co. | 1198 | 421900 |
| Dave, Inc.<sup>(2)</sup> | 328 | 53690 |
| Enova International, Inc.<sup>(2)</sup> | 167 | 27583 |
| Zip Co. Ltd.<sup>(2)(3)</sup> | 37896 | 69913 |
|  |  | 573086 |
| **Consumer Staples Distribution & Retail — 0.3%** |  |  |
| BGF retail Co. Ltd. | 3976 | 334840 |
| Casey's General Stores, Inc. | 654 | 396651 |
| Costco Wholesale Corp. | 314 | 295239 |
| Koninklijke Ahold Delhaize NV | 11257 | 440150 |
| PriceSmart, Inc. | 329 | 46787 |
| Sprouts Farmers Market, Inc.<sup>(2)</sup> | 1528 | 108351 |
| Sysco Corp. | 8096 | 678850 |
| Target Corp. | 1269 | 133841 |
| Tsuruha Holdings, Inc.<sup>(3)</sup> | 4900 | 78080 |
|  |  | 2512789 |
| **Containers and Packaging — 0.2%** |  |  |
| Ball Corp. | 3534 | 200979 |
| Graphic Packaging Holding Co. | 17930 | 262675 |
| Packaging Corp. of America | 2591 | 576627 |
| Rengo Co. Ltd. | 12500 | 107084 |
| Verallia SA | 10668 | 279265 |
|  |  | 1426630 |
| **Distributors — 0.0%** |  |  |
| Pool Corp. | 913 | 231984 |
| **Diversified Consumer Services — 0.0%** |  |  |
| Bright Horizons Family Solutions, Inc.<sup>(2)</sup> | 1085 | 100504 |
| Coursera, Inc.<sup>(2)</sup> | 288 | 1745 |
| Duolingo, Inc.<sup>(2)</sup> | 354 | 47457 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| OneSpaWorld Holdings Ltd. | 1691 | $33228 |
|  |  | 182934 |
| **Diversified REITs — 0.3%** |  |  |
| British Land Co. PLC | 50471 | 287883 |
| Broadstone Net Lease, Inc. | 17069 | 315947 |
| CapitaLand Integrated Commercial Trust | 176900 | 332113 |
| Charter Hall Group | 17967 | 286128 |
| Essential Properties Realty Trust, Inc. | 8857 | 268899 |
| Merlin Properties Socimi SA | 13688 | 203721 |
| Stockland | 21154 | 79150 |
| WP Carey, Inc. | 5189 | 361933 |
|  |  | 2135774 |
| **Diversified Telecommunication Services — 0.1%** |  |  |
| Bezeq The Israeli Telecommunication Corp. Ltd. | 47487 | 121955 |
| Globalstar, Inc.<sup>(2)</sup> | 676 | 41655 |
| Orange SA | 5268 | 97932 |
| Telkom Indonesia Persero Tbk. PT | 2641200 | 564584 |
| Verizon Communications, Inc. | 3152 | 140327 |
|  |  | 966453 |
| **Electric Utilities — 0.4%** |  |  |
| Duke Energy Corp. | 2609 | 316602 |
| Evergy, Inc. | 7255 | 556676 |
| Eversource Energy | 4836 | 334313 |
| Iberdrola SA | 33073 | 743572 |
| NextEra Energy, Inc. | 8501 | 747238 |
| Oklo, Inc.<sup>(2)</sup> | 280 | 22293 |
| PPL Corp. | 5779 | 209489 |
| Xcel Energy, Inc. | 7149 | 543753 |
|  |  | 3473936 |
| **Electrical Equipment — 0.4%** |  |  |
| Accelleron Industries AG | 839 | 80365 |
| Eaton Corp. PLC | 930 | 326821 |
| GE Vernova, Inc. | 327 | 237523 |
| Hubbell, Inc. | 404 | 197128 |
| Nexans SA | 213 | 33550 |
| Regal Rexnord Corp. | 352 | 56848 |
| Schneider Electric SE | 2085 | 597773 |
| Sensata Technologies Holding PLC | 5733 | 198304 |
| Siemens Energy AG<sup>(2)</sup> | 3560 | 606553 |
| Sinfonia Technology Co. Ltd. | 1600 | 108282 |
| SWCC Corp. | 400 | 29812 |
| Vertiv Holdings Co., Class A | 4621 | 860338 |
|  |  | 3333297 |
| **Electronic Equipment, Instruments and Components — 0.2%** |  |  |
| Alps Alpine Co. Ltd. | 7900 | 103473 |
| CDW Corp. | 1722 | 217644 |
| Cognex Corp. | 945 | 36609 |
| Coherent Corp.<sup>(2)</sup> | 939 | 199237 |
| Fabrinet<sup>(2)</sup> | 164 | 80268 |
| Itron, Inc.<sup>(2)</sup> | 294 | 29130 |
| Koa Corp. | 6400 | 64493 |
| Lagercrantz Group AB, B Shares<sup>(3)</sup> | 1306 | 28615 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Littelfuse, Inc. | 175 | $56658 |
| Maruwa Co. Ltd. | 300 | 92237 |
| Mirion Technologies, Inc., Class A<sup>(2)</sup> | 2146 | 53307 |
| Novanta, Inc.<sup>(2)</sup> | 616 | 82877 |
| Plexus Corp.<sup>(2)</sup> | 677 | 134946 |
| Ralliant Corp. | 4358 | 230843 |
| TE Connectivity PLC | 454 | 101142 |
|  |  | 1511479 |
| **Energy Equipment and Services — 0.2%** |  |  |
| Baker Hughes Co. | 11628 | 651633 |
| DOF Group ASA | 9019 | 105559 |
| Expro Group Holdings NV<sup>(2)</sup> | 1840 | 29459 |
| SBM Offshore NV | 1809 | 64980 |
| SLB Ltd. | 7374 | 356754 |
| Subsea 7 SA | 2756 | 70449 |
| TechnipFMC PLC | 842 | 46916 |
| Tecnicas Reunidas SA<sup>(2)</sup> | 2804 | 106172 |
|  |  | 1431922 |
| **Entertainment — 0.2%** |  |  |
| Liberty Media Corp.-Liberty Formula One, Class C<sup>(2)</sup> | 674 | 58652 |
| Netflix, Inc.<sup>(2)</sup> | 3635 | 303486 |
| ROBLOX Corp., Class A<sup>(2)</sup> | 8478 | 557513 |
| Spotify Technology SA<sup>(2)</sup> | 942 | 471330 |
|  |  | 1390981 |
| **Financial Services — 0.4%** |  |  |
| Adyen NV<sup>(2)</sup> | 318 | 471544 |
| Affirm Holdings, Inc.<sup>(2)</sup> | 4419 | 266466 |
| Banco Latinoamericano de Comercio Exterior SA | 900 | 43623 |
| Chime Financial, Inc., Class A<sup>(2)(3)</sup> | 2542 | 64618 |
| Corpay, Inc.<sup>(2)</sup> | 1674 | 526691 |
| GMO Payment Gateway, Inc.<sup>(3)</sup> | 1400 | 80858 |
| Mastercard, Inc., Class A | 1370 | 738142 |
| Toast, Inc., Class A<sup>(2)</sup> | 6039 | 187873 |
| Visa, Inc., Class A | 1198 | 385552 |
|  |  | 2765367 |
| **Food Products — 0.1%** |  |  |
| Conagra Brands, Inc. | 12831 | 237502 |
| Cranswick PLC | 741 | 53486 |
| General Mills, Inc. | 1828 | 84563 |
| Greencore Group PLC | 13785 | 54517 |
| Magnum Ice Cream Co. NV<sup>(2)</sup> | 8636 | 153489 |
| Mondelez International, Inc., Class A | 2861 | 167283 |
| Vital Farms, Inc.<sup>(2)</sup> | 1058 | 30100 |
|  |  | 780940 |
| **Gas Utilities — 0.1%** |  |  |
| Nippon Gas Co. Ltd. | 2300 | 43620 |
| ONE Gas, Inc. | 6003 | 477599 |
| Spire, Inc. | 3621 | 305938 |
|  |  | 827157 |
| **Ground Transportation — 0.2%** |  |  |
| CSX Corp. | 14354 | 542007 |
| Norfolk Southern Corp. | 1234 | 359390 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Uber Technologies, Inc.<sup>(2)</sup> | 2377 | $190279 |
| Union Pacific Corp. | 923 | 216998 |
| XPO, Inc.<sup>(2)</sup> | 1220 | 180694 |
|  |  | 1489368 |
| **Health Care Equipment and Supplies — 0.8%** |  |  |
| Alphatec Holdings, Inc.<sup>(2)</sup> | 6816 | 101081 |
| Becton Dickinson & Co. | 2757 | 560994 |
| Dexcom, Inc.<sup>(2)</sup> | 10291 | 751655 |
| Envista Holdings Corp.<sup>(2)</sup> | 11838 | 277838 |
| EssilorLuxottica SA | 1527 | 466798 |
| GE HealthCare Technologies, Inc. | 10937 | 863695 |
| IDEXX Laboratories, Inc.<sup>(2)</sup> | 757 | 507538 |
| Insulet Corp.<sup>(2)</sup> | 2554 | 653339 |
| Intuitive Surgical, Inc.<sup>(2)</sup> | 411 | 207234 |
| Medtronic PLC | 2870 | 295495 |
| SI-BONE, Inc.<sup>(2)</sup> | 2995 | 49657 |
| Terumo Corp. | 31700 | 414676 |
| UFP Technologies, Inc.<sup>(2)</sup> | 238 | 59771 |
| Zimmer Biomet Holdings, Inc. | 9982 | 869133 |
|  |  | 6078904 |
| **Health Care Providers and Services — 0.5%** |  |  |
| Cencora, Inc. | 2116 | 760109 |
| Chartwell Retirement Residences | 27994 | 415701 |
| Cigna Group | 1297 | 355521 |
| Encompass Health Corp. | 650 | 61444 |
| Ensign Group, Inc. | 448 | 76904 |
| Galenica AG | 395 | 49374 |
| HealthEquity, Inc.<sup>(2)</sup> | 803 | 68793 |
| Henry Schein, Inc.<sup>(2)</sup> | 8741 | 659771 |
| Labcorp Holdings, Inc. | 2140 | 581053 |
| Omada Health, Inc.<sup>(2)</sup> | 1798 | 26880 |
| PACS Group, Inc.<sup>(2)</sup> | 628 | 21201 |
| Pediatrix Medical Group, Inc.<sup>(2)</sup> | 1705 | 36453 |
| Quest Diagnostics, Inc. | 1848 | 345631 |
| RadNet, Inc.<sup>(2)</sup> | 682 | 47808 |
| Sienna Senior Living, Inc.<sup>(3)</sup> | 3278 | 51060 |
| Talkspace, Inc.<sup>(2)</sup> | 344 | 1390 |
| U.S. Physical Therapy, Inc. | 406 | 34051 |
| UnitedHealth Group, Inc. | 706 | 202573 |
| Universal Health Services, Inc., Class B | 1515 | 304909 |
|  |  | 4100626 |
| **Health Care REITs — 0.6%** |  |  |
| Aedifica SA | 1739 | 153133 |
| American Healthcare REIT, Inc. | 5969 | 280006 |
| CareTrust REIT, Inc. | 9259 | 345731 |
| Healthpeak Properties, Inc. | 19831 | 341886 |
| Omega Healthcare Investors, Inc. | 5629 | 247001 |
| Ventas, Inc. | 10958 | 851108 |
| Welltower, Inc. | 11136 | 2097577 |
|  |  | 4316442 |
| **Health Care Technology — 0.1%** |  |  |
| Phreesia, Inc.<sup>(2)</sup> | 1201 | 16129 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Veeva Systems, Inc., Class A<sup>(2)</sup> | 2463 | $502255 |
|  |  | 518384 |
| **Hotel & Resort REITs — 0.1%** |  |  |
| Host Hotels & Resorts, Inc. | 28693 | 531681 |
| **Hotels, Restaurants and Leisure — 0.7%** |  |  |
| Airbnb, Inc., Class A<sup>(2)</sup> | 552 | 71412 |
| Booking Holdings, Inc. | 46 | 230085 |
| Chipotle Mexican Grill, Inc.<sup>(2)</sup> | 2659 | 103355 |
| DoorDash, Inc., Class A<sup>(2)</sup> | 878 | 179656 |
| Expedia Group, Inc. | 981 | 259808 |
| Flutter Entertainment PLC<sup>(2)</sup> | 2240 | 369936 |
| Fujita Kanko, Inc. | 1500 | 24177 |
| Hilton Worldwide Holdings, Inc. | 4359 | 1301205 |
| Life Time Group Holdings, Inc.<sup>(2)</sup> | 2405 | 70154 |
| Marriott International, Inc., Class A | 980 | 308994 |
| Planet Fitness, Inc., Class A<sup>(2)</sup> | 650 | 59176 |
| Royal Caribbean Cruises Ltd. | 4070 | 1321326 |
| Scandic Hotels Group AB | 9225 | 92183 |
| Sodexo SA<sup>(3)</sup> | 3467 | 177135 |
| Viking Holdings Ltd.<sup>(2)</sup> | 6041 | 435858 |
| Whitbread PLC | 9373 | 349879 |
| Wingstop, Inc. | 305 | 80956 |
|  |  | 5435295 |
| **Household Durables — 0.4%** |  |  |
| Barratt Redrow PLC | 61103 | 325357 |
| De' Longhi SpA | 1685 | 74489 |
| Haseko Corp. | 3700 | 75837 |
| Mohawk Industries, Inc.<sup>(2)</sup> | 2749 | 325427 |
| Neinor Homes SA<sup>(2)</sup> | 17327 | 412863 |
| PulteGroup, Inc. | 2677 | 334866 |
| Sony Group Corp. | 18000 | 396862 |
| Sumitomo Forestry Co. Ltd. | 4800 | 52043 |
| Taylor Wimpey PLC | 277786 | 406112 |
| TopBuild Corp.<sup>(2)</sup> | 790 | 369759 |
|  |  | 2773615 |
| **Household Products — 0.3%** |  |  |
| Church & Dwight Co., Inc. | 2979 | 286729 |
| Colgate-Palmolive Co. | 1602 | 144644 |
| Henkel AG & Co. KGaA, Preference Shares | 3860 | 339108 |
| Kimberly-Clark Corp. | 5522 | 552145 |
| Procter & Gamble Co. | 3097 | 470032 |
| Reckitt Benckiser Group PLC | 6633 | 553385 |
|  |  | 2346043 |
| **Independent Power and Renewable Electricity Producers — 0.1%** |  |  |
| Talen Energy Corp.<sup>(2)</sup> | 203 | 70717 |
| TransAlta Corp. | 5211 | 66589 |
| Vistra Corp. | 6123 | 969577 |
|  |  | 1106883 |
| **Industrial Conglomerates — 0.0%** |  |  |
| Honeywell International, Inc. | 1526 | 347196 |
| **Industrial REITs — 0.5%** |  |  |
| First Industrial Realty Trust, Inc. | 6044 | 350733 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| GLP J-Reit | 164 | $150756 |
| Goodman Group<sup>(3)</sup> | 28409 | 603512 |
| Prologis, Inc. | 16479 | 2151498 |
| Segro PLC | 27081 | 282146 |
| Tritax Big Box REIT PLC | 46730 | 106074 |
|  |  | 3644719 |
| **Insurance — 0.6%** |  |  |
| Aegon Ltd. | 32551 | 255671 |
| AIA Group Ltd. | 39800 | 459192 |
| Allstate Corp. | 900 | 179091 |
| Beazley PLC | 6739 | 104694 |
| Bowhead Specialty Holdings, Inc.<sup>(2)</sup> | 1413 | 34703 |
| Hanover Insurance Group, Inc. | 786 | 136874 |
| HCI Group, Inc. | 227 | 36018 |
| Intact Financial Corp. | 1431 | 260536 |
| Kinsale Capital Group, Inc. | 102 | 40380 |
| Marsh & McLennan Cos., Inc. | 3244 | 610488 |
| MetLife, Inc. | 3858 | 304319 |
| Phoenix Financial Ltd. | 2645 | 128382 |
| Progressive Corp. | 833 | 173264 |
| Prudential PLC | 30399 | 499311 |
| Reinsurance Group of America, Inc. | 2800 | 567700 |
| Storebrand ASA | 9387 | 164271 |
| Willis Towers Watson PLC | 1297 | 411759 |
|  |  | 4366653 |
| **Interactive Media and Services — 0.7%** |  |  |
| Alphabet, Inc., Class A | 8451 | 2856438 |
| Meta Platforms, Inc., Class A | 1499 | 1074033 |
| Reddit, Inc., Class A<sup>(2)</sup> | 1395 | 251477 |
| Tencent Holdings Ltd. | 12700 | 976145 |
|  |  | 5158093 |
| **IT Services — 0.6%** |  |  |
| Amdocs Ltd. | 4804 | 393640 |
| Capgemini SE | 1359 | 211159 |
| Cloudflare, Inc., Class A<sup>(2)</sup> | 3983 | 706385 |
| Cognizant Technology Solutions Corp., Class A | 4240 | 347934 |
| Computacenter PLC | 2845 | 130209 |
| Fujitsu Ltd. | 13600 | 377887 |
| GDS Holdings Ltd., ADR<sup>(2)(3)</sup> | 2696 | 120484 |
| International Business Machines Corp. | 2214 | 679034 |
| MongoDB, Inc.<sup>(2)</sup> | 323 | 119940 |
| NEC Corp. | 20800 | 705112 |
| NEXTDC Ltd.<sup>(2)(3)</sup> | 9582 | 88533 |
| Okta, Inc.<sup>(2)</sup> | 1876 | 158484 |
| Snowflake, Inc., Class A<sup>(2)</sup> | 797 | 153582 |
| Twilio, Inc., Class A<sup>(2)</sup> | 1241 | 149491 |
|  |  | 4341874 |
| **Leisure Products — 0.0%** |  |  |
| BRP, Inc. | 1230 | 92834 |
| Brunswick Corp. | 417 | 33452 |
| Callaway Golf Co.<sup>(2)</sup> | 2454 | 35215 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Technogym SpA | 4232 | $88376 |
|  |  | 249877 |
| **Life Sciences Tools and Services — 0.5%** |  |  |
| Agilent Technologies, Inc. | 1130 | 151251 |
| Bio-Techne Corp. | 3713 | 237966 |
| Chemometec AS | 456 | 44071 |
| Danaher Corp. | 1927 | 421801 |
| ICON PLC<sup>(2)</sup> | 4551 | 820318 |
| IQVIA Holdings, Inc.<sup>(2)</sup> | 1665 | 383200 |
| Lonza Group AG | 887 | 602672 |
| Siegfried Holding AG<sup>(2)</sup> | 735 | 90377 |
| Thermo Fisher Scientific, Inc. | 558 | 322864 |
| West Pharmaceutical Services, Inc. | 1958 | 452533 |
|  |  | 3527053 |
| **Machinery — 0.9%** |  |  |
| Alstom SA<sup>(2)</sup> | 20776 | 663344 |
| Atlas Copco AB, A Shares | 25038 | 516338 |
| CECO Environmental Corp.<sup>(2)</sup> | 1628 | 109776 |
| CNH Industrial NV | 8105 | 87210 |
| Construcciones y Auxiliar de Ferrocarriles SA | 1201 | 80063 |
| Crane Co. | 1458 | 266289 |
| Cummins, Inc. | 1561 | 903538 |
| Daimler Truck Holding AG | 5178 | 250713 |
| Deere & Co. | 427 | 225456 |
| Deutz AG | 6139 | 78614 |
| Dover Corp. | 505 | 101752 |
| FANUC Corp. | 14500 | 582241 |
| Flowserve Corp. | 560 | 43764 |
| Fluidra SA | 858 | 24958 |
| Fortive Corp. | 3903 | 206117 |
| IDEX Corp. | 900 | 178695 |
| IMI PLC | 2239 | 84550 |
| Kardex Holding AG | 192 | 67495 |
| Konecranes OYJ | 768 | 90441 |
| Kurita Water Industries Ltd. | 2200 | 110044 |
| Nabtesco Corp. | 5000 | 135488 |
| Organo Corp.<sup>(3)</sup> | 1100 | 116151 |
| Oshkosh Corp. | 1658 | 238454 |
| PACCAR, Inc. | 1704 | 209439 |
| Parker-Hannifin Corp. | 287 | 268586 |
| RBC Bearings, Inc.<sup>(2)</sup> | 220 | 109927 |
| Timken Co. | 3269 | 304638 |
| Toro Co. | 2776 | 254004 |
| Weir Group PLC | 2606 | 115104 |
| Xylem, Inc. | 2506 | 345502 |
| Yaskawa Electric Corp.<sup>(3)</sup> | 4700 | 150021 |
|  |  | 6918712 |
| **Media — 0.1%** |  |  |
| Magnite, Inc.<sup>(2)</sup> | 4136 | 59848 |
| New York Times Co., Class A | 719 | 52710 |
| Omnicom Group, Inc. | 3355 | 258469 |
| Publicis Groupe SA | 3649 | 364711 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Trade Desk, Inc., Class A<sup>(2)</sup> | 3787 | $114860 |
|  |  | 850598 |
| **Metals and Mining — 0.2%** |  |  |
| Capstone Copper Corp.<sup>(2)</sup> | 10110 | 112040 |
| Genesis Minerals Ltd.<sup>(2)</sup> | 24773 | 122329 |
| GMK Norilskiy Nickel PAO<sup>(2)(4)</sup> | 265800 | 3 |
| Lynas Rare Earths Ltd.<sup>(2)(3)</sup> | 7231 | 72788 |
| MP Materials Corp.<sup>(2)(3)</sup> | 1610 | 94620 |
| PLS Group Ltd.<sup>(2)(3)</sup> | 26066 | 76482 |
| Reliance, Inc. | 974 | 320933 |
| Sandfire Resources Ltd.<sup>(2)</sup> | 7417 | 100641 |
| SSR Mining, Inc.<sup>(2)</sup> | 1925 | 43948 |
| Taseko Mines Ltd.<sup>(2)</sup> | 7209 | 54933 |
| Torex Gold Resources, Inc. | 2995 | 144158 |
| Vale SA | 13500 | 215785 |
|  |  | 1358660 |
| **Multi-Utilities — 0.0%** |  |  |
| Northwestern Energy Group, Inc. | 6104 | 414217 |
| **Office REITs — 0.0%** |  |  |
| COPT Defense Properties | 3431 | 105709 |
| Mindspace Business Parks REIT | 21265 | 115285 |
| SL Green Realty Corp. | 2902 | 129952 |
|  |  | 350946 |
| **Oil, Gas and Consumable Fuels — 0.8%** |  |  |
| Cameco Corp. | 1017 | 125488 |
| Centrus Energy Corp., Class A<sup>(2)(3)</sup> | 132 | 36733 |
| Cheniere Energy, Inc. | 1408 | 297820 |
| ConocoPhillips | 2844 | 296430 |
| Coterra Energy, Inc. | 11761 | 339305 |
| Diamondback Energy, Inc. | 2303 | 377577 |
| Eni SpA | 6675 | 136431 |
| Enterprise Products Partners LP | 15840 | 525729 |
| Expand Energy Corp. | 2375 | 266974 |
| Friedrich Vorwerk Group SE | 929 | 99798 |
| Gaztransport Et Technigaz SA | 510 | 109879 |
| NAC Kazatomprom JSC, GDR | 5246 | 428663 |
| ONEOK, Inc. | 2793 | 221178 |
| PBF Energy, Inc., Class A | 1847 | 61801 |
| Permian Resources Corp. | 13891 | 224062 |
| Repsol SA | 21706 | 427632 |
| Shell PLC | 16991 | 653125 |
| Targa Resources Corp. | 2745 | 551690 |
| TC Energy Corp. | 7020 | 411616 |
| Williams Cos., Inc. | 5804 | 390377 |
|  |  | 5982308 |
| **Paper and Forest Products — 0.0%** |  |  |
| Mondi PLC | 29069 | 339707 |
| **Passenger Airlines — 0.0%** |  |  |
| Alaska Air Group, Inc.<sup>(2)</sup> | 796 | 40461 |
| Southwest Airlines Co. | 6117 | 290680 |
|  |  | 331141 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Personal Care Products — 0.1%** | | |
| Estee Lauder Cos., Inc., Class A | 1332 | $153553 |
| Kenvue, Inc. | 31422 | 546743 |
| L'Oreal SA | 922 | 423603 |
|  |  | 1123899 |
| **Pharmaceuticals — 0.6%** |  |  |
| ALK-Abello AS<sup>(2)</sup> | 3574 | 118098 |
| AstraZeneca PLC | 4204 | 783265 |
| AstraZeneca PLC, ADR | 3915 | 363195 |
| Bristol-Myers Squibb Co. | 2269 | 124908 |
| Crinetics Pharmaceuticals, Inc.<sup>(2)</sup> | 1033 | 51588 |
| Edgewise Therapeutics, Inc.<sup>(2)</sup> | 1225 | 34484 |
| Eli Lilly & Co. | 638 | 661702 |
| Financiere de Tubize SA<sup>(3)</sup> | 373 | 95148 |
| Galderma Group AG | 2899 | 540370 |
| GSK PLC | 31057 | 803186 |
| Hikma Pharmaceuticals PLC | 12429 | 260715 |
| Merck & Co., Inc. | 2050 | 226053 |
| Roche Holding AG | 747 | 339690 |
| Sanofi SA | 1722 | 162425 |
| Structure Therapeutics, Inc., ADR<sup>(2)</sup> | 2266 | 200428 |
| Zoetis, Inc. | 1913 | 238781 |
|  |  | 5004036 |
| **Professional Services — 0.3%** |  |  |
| Adecco Group AG | 14924 | 438562 |
| ALS Ltd.<sup>(3)</sup> | 8545 | 145705 |
| Automatic Data Processing, Inc. | 1035 | 255459 |
| CACI International, Inc., Class A<sup>(2)</sup> | 439 | 272434 |
| First Advantage Corp.<sup>(2)</sup> | 2260 | 30510 |
| Randstad NV | 11375 | 407072 |
| RELX PLC | 9406 | 333462 |
| Teleperformance SE | 6938 | 448163 |
| Verra Mobility Corp.<sup>(2)</sup> | 1937 | 37384 |
|  |  | 2368751 |
| **Real Estate Management and Development — 0.3%** |  |  |
| CBRE Group, Inc., Class A<sup>(2)</sup> | 1977 | 336742 |
| City Developments Ltd. | 23400 | 170506 |
| Colliers International Group, Inc. | 384 | 52493 |
| CTP NV | 5231 | 114039 |
| FirstService Corp. (Toronto) | 180 | 27887 |
| Hang Lung Properties Ltd. | 129000 | 155661 |
| Hongkong Land Holdings Ltd. | 23800 | 201940 |
| Katitas Co. Ltd. | 7600 | 150165 |
| Mitsui Fudosan Co. Ltd. | 9400 | 107789 |
| Sumitomo Realty & Development Co. Ltd. | 19100 | 531877 |
| Sun Hung Kai Properties Ltd. | 3500 | 56206 |
| Tokyo Tatemono Co. Ltd. | 14700 | 345924 |
| UOL Group Ltd. | 22000 | 187893 |
|  |  | 2439122 |
| **Residential REITs — 0.3%** |  |  |
| American Homes 4 Rent, Class A | 6085 | 190582 |
| AvalonBay Communities, Inc. | 570 | 101272 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Camden Property Trust | 3628 | $395633 |
| Equity Residential | 7786 | 485224 |
| Essex Property Trust, Inc. | 433 | 109060 |
| GO Residential Real Estate Investment Trust | 8645 | 92761 |
| Sun Communities, Inc. | 1133 | 144378 |
| UDR, Inc. | 9086 | 337545 |
| UNITE Group PLC | 25843 | 200991 |
|  |  | 2057446 |
| **Retail REITs — 0.5%** |  |  |
| Agree Realty Corp. | 1799 | 129942 |
| Brixmor Property Group, Inc. | 17663 | 473192 |
| Japan Metropolitan Fund Invest | 312 | 245570 |
| Macerich Co. | 4310 | 81588 |
| NETSTREIT Corp. | 11968 | 225477 |
| Phillips Edison & Co., Inc. | 7417 | 268718 |
| Realty Income Corp. | 9000 | 550440 |
| Regency Centers Corp. | 1699 | 123806 |
| Scentre Group | 146068 | 413952 |
| Simon Property Group, Inc. | 4311 | 824737 |
| Tanger, Inc. | 6542 | 214054 |
| Unibail-Rodamco-Westfield | 2204 | 243685 |
|  |  | 3795161 |
| **Semiconductors and Semiconductor Equipment — 1.7%** |  |  |
| Analog Devices, Inc. | 1795 | 558030 |
| Applied Materials, Inc. | 1173 | 378081 |
| ASML Holding NV | 624 | 894757 |
| Astera Labs, Inc.<sup>(2)</sup> | 1187 | 178786 |
| Broadcom, Inc. | 4169 | 1381190 |
| Credo Technology Group Holding Ltd.<sup>(2)</sup> | 863 | 108117 |
| Impinj, Inc.<sup>(2)</sup> | 382 | 52754 |
| Infineon Technologies AG | 13616 | 665584 |
| Kokusai Electric Corp. | 2500 | 103791 |
| Lam Research Corp. | 1169 | 272915 |
| Lattice Semiconductor Corp.<sup>(2)</sup> | 4949 | 398493 |
| MACOM Technology Solutions Holdings, Inc.<sup>(2)</sup> | 322 | 70537 |
| Micron Technology, Inc. | 259 | 107454 |
| MKS, Inc. | 328 | 77214 |
| Monolithic Power Systems, Inc. | 742 | 834119 |
| Nova Ltd.<sup>(2)</sup> | 148 | 67760 |
| NVIDIA Corp. | 19796 | 3783609 |
| NXP Semiconductors NV | 721 | 163047 |
| ON Semiconductor Corp.<sup>(2)</sup> | 3117 | 186677 |
| Onto Innovation, Inc.<sup>(2)</sup> | 180 | 36369 |
| Silicon Laboratories, Inc.<sup>(2)</sup> | 594 | 84615 |
| SiTime Corp.<sup>(2)</sup> | 252 | 91504 |
| SUMCO Corp. | 24400 | 254736 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 31000 | 1714173 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 737 | 243623 |
| Teradyne, Inc. | 1275 | 307339 |
| Tower Semiconductor Ltd.<sup>(2)</sup> | 781 | 105224 |
| Veeco Instruments, Inc.<sup>(2)</sup> | 663 | 20706 |
|  |  | 13141204 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Software — 1.0%** | | |
| ACI Worldwide, Inc.<sup>(2)</sup> | 395 | $17127 |
| Agilysys, Inc.<sup>(2)</sup> | 880 | 76340 |
| AppLovin Corp., Class A<sup>(2)</sup> | 354 | 167481 |
| BlackLine, Inc.<sup>(2)</sup> | 1000 | 46470 |
| Cadence Design Systems, Inc.<sup>(2)</sup> | 2505 | 742382 |
| Cellebrite DI Ltd.<sup>(2)</sup> | 1660 | 24419 |
| Core Scientific, Inc.<sup>(2)(3)</sup> | 2761 | 49670 |
| Crowdstrike Holdings, Inc., Class A<sup>(2)</sup> | 384 | 169500 |
| Datadog, Inc., Class A<sup>(2)</sup> | 4057 | 524651 |
| Descartes Systems Group, Inc.<sup>(2)</sup> | 328 | 24521 |
| Dynatrace, Inc.<sup>(2)</sup> | 4347 | 165577 |
| Elastic NV<sup>(2)</sup> | 382 | 25185 |
| Fair Isaac Corp.<sup>(2)</sup> | 464 | 678911 |
| HubSpot, Inc.<sup>(2)</sup> | 641 | 179480 |
| Klaviyo, Inc., Class A<sup>(2)</sup> | 2153 | 47818 |
| Microsoft Corp. | 6869 | 2955662 |
| Netskope, Inc., Class A<sup>(2)</sup> | 277 | 4113 |
| Onestream, Inc.<sup>(2)</sup> | 1371 | 32369 |
| Pegasystems, Inc. | 569 | 24860 |
| Q2 Holdings, Inc.<sup>(2)</sup> | 1040 | 63700 |
| Riot Platforms, Inc.<sup>(2)(3)</sup> | 2165 | 33493 |
| Salesforce, Inc. | 734 | 155821 |
| Samsara, Inc., Class A<sup>(2)</sup> | 7278 | 204148 |
| SAP SE | 1975 | 394543 |
| ServiceNow, Inc.<sup>(2)</sup> | 1900 | 222319 |
| Unity Software, Inc.<sup>(2)</sup> | 2245 | 65329 |
| Workday, Inc., Class A<sup>(2)</sup> | 1060 | 186168 |
| Zscaler, Inc.<sup>(2)</sup> | 1405 | 281014 |
|  |  | 7563071 |
| **Specialized REITs — 0.6%** |  |  |
| American Tower Corp. | 2063 | 369855 |
| Big Yellow Group PLC | 9836 | 139236 |
| CubeSmart | 3344 | 125500 |
| Digital Realty Trust, Inc. | 3508 | 582153 |
| Equinix, Inc. | 1413 | 1159974 |
| Extra Space Storage, Inc. | 3949 | 544844 |
| Iron Mountain, Inc. | 4570 | 421034 |
| Millrose Properties, Inc. | 8588 | 255922 |
| National Storage Affiliates Trust | 4563 | 145149 |
| Public Storage | 1252 | 345790 |
| VICI Properties, Inc. | 6273 | 176146 |
| Weyerhaeuser Co. | 4071 | 104950 |
|  |  | 4370553 |
| **Specialty Retail — 0.6%** |  |  |
| Aritzia, Inc.<sup>(2)</sup> | 5274 | 415715 |
| Auto1 Group SE<sup>(2)</sup> | 3367 | 110750 |
| Boot Barn Holdings, Inc.<sup>(2)</sup> | 435 | 77639 |
| Burlington Stores, Inc.<sup>(2)</sup> | 1737 | 513909 |
| Carvana Co.<sup>(2)</sup> | 1933 | 775346 |
| Clas Ohlson AB, B Shares<sup>(3)</sup> | 1652 | 56566 |
| Five Below, Inc.<sup>(2)</sup> | 391 | 74931 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Home Depot, Inc. | 1600 | $599344 |
| Istyle, Inc.<sup>(3)</sup> | 3000 | 8801 |
| National Vision Holdings, Inc.<sup>(2)</sup> | 2446 | 64452 |
| Nextage Co. Ltd. | 7500 | 158889 |
| O'Reilly Automotive, Inc.<sup>(2)</sup> | 2639 | 259704 |
| RealReal, Inc.<sup>(2)</sup> | 2571 | 37717 |
| TJX Cos., Inc. | 3156 | 472800 |
| Tractor Supply Co. | 15996 | 813876 |
| Wayfair, Inc., Class A<sup>(2)</sup> | 713 | 73788 |
|  |  | 4514227 |
| **Technology Hardware, Storage and Peripherals — 0.5%** |  |  |
| Apple, Inc. | 8107 | 2103604 |
| HP, Inc. | 15559 | 302467 |
| Pure Storage, Inc., Class A<sup>(2)</sup> | 2053 | 142766 |
| Samsung Electronics Co. Ltd. | 12533 | 1384580 |
|  |  | 3933417 |
| **Textiles, Apparel and Luxury Goods — 0.2%** |  |  |
| Asics Corp. | 3500 | 84255 |
| Burberry Group PLC<sup>(2)</sup> | 4437 | 67038 |
| LVMH Moet Hennessy Louis Vuitton SE | 285 | 183940 |
| On Holding AG, Class A<sup>(2)</sup> | 17952 | 812328 |
| Tapestry, Inc. | 1124 | 142647 |
|  |  | 1290208 |
| **Tobacco — 0.0%** |  |  |
| British American Tobacco PLC | 5039 | 304424 |
| **Trading Companies and Distributors — 0.5%** |  |  |
| Applied Industrial Technologies, Inc. | 187 | 48697 |
| Ashtead Group PLC | 2646 | 170349 |
| Bunzl PLC | 22251 | 623986 |
| Diploma PLC | 689 | 50195 |
| Fastenal Co. | 12311 | 533805 |
| Ferguson Enterprises, Inc. | 801 | 202220 |
| Herc Holdings, Inc. | 588 | 84284 |
| MSC Industrial Direct Co., Inc., Class A | 5402 | 455605 |
| SiteOne Landscape Supply, Inc.<sup>(2)</sup> | 408 | 58564 |
| Sojitz Corp. | 3900 | 142215 |
| Sumitomo Corp. | 12000 | 487309 |
| United Rentals, Inc. | 297 | 232272 |
| WESCO International, Inc. | 1634 | 472928 |
|  |  | 3562429 |
| **Transportation Infrastructure — 0.0%** |  |  |
| Flughafen Zurich AG | 157 | 48761 |
| **Wireless Telecommunication Services — 0.0%** |  |  |
| Indosat Tbk. PT | 1056600 | 140518 |
| Millicom International Cellular SA | 1442 | 88005 |
|  |  | 228523 |
| **TOTAL COMMON STOCKS** <br>(Cost $135,902,314) |  | 190309457 |
| **U.S. TREASURY SECURITIES — 8.0%** |  |  |
| U.S. Treasury Bonds, 5.00%, 5/15/45 | $1311900 | 1341008 |
| U.S. Treasury Inflation-Indexed Bonds, 2.50%, 1/15/29 | 1713441 | 1785380 |
| U.S. Treasury Inflation-Indexed Bonds, 3.375%, 4/15/32 | 182603 | 203289 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal Amount** | **Value** |
| U.S. Treasury Inflation-Indexed Bonds, 2.125%, 2/15/41 |  | $1213649 | $1193035 |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/42 |  | 932367 | 728724 |
| U.S. Treasury Inflation-Indexed Bonds, 0.625%, 2/15/43 |  | 1367467 | 1022742 |
| U.S. Treasury Inflation-Indexed Bonds, 1.375%, 2/15/44 |  | 3685408 | 3094128 |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/45 |  | 4060409 | 2967603 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 4/15/27 |  | 5125597 | 5074355 |
| U.S. Treasury Inflation-Indexed Notes, 0.375%, 7/15/27 |  | 2186250 | 2179836 |
| U.S. Treasury Inflation-Indexed Notes, 0.50%, 1/15/28 |  | 2430900 | 2411461 |
| U.S. Treasury Inflation-Indexed Notes, 0.875%, 1/15/29 |  | 2438897 | 2426812 |
| U.S. Treasury Inflation-Indexed Notes, 1.625%, 10/15/29 |  | 7416576 | 7567396 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 7/15/31 |  | 2612110 | 2450763 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/32 |  | 3197899 | 2957627 |
| U.S. Treasury Notes, 2.375%, 4/30/26 |  | 1000000 | 996862 |
| U.S. Treasury Notes, 3.875%, 5/31/27 |  | 2850000 | 2862580 |
| U.S. Treasury Notes, 3.375%, 12/31/27 |  | 6000000 | 5982891 |
| U.S. Treasury Notes, 3.50%, 11/30/30 |  | 5000000 | 4936328 |
| U.S. Treasury Notes, 4.375%, 11/30/30 |  | 1390000 | 1425293 |
| U.S. Treasury Notes, 3.625%, 12/31/30 |  | 2400000 | 2381438 |
| U.S. Treasury Notes, 1.875%, 2/15/32<sup>(5)</sup> |  | 5240000 | 4662372 |
| U.S. Treasury Notes, VRN, 3.76%, (3-month USBMMY plus 0.15%), 4/30/26 |  | 1500000 | 1500365 |
| **TOTAL U.S. TREASURY SECURITIES** <br>(Cost $64,215,762) |  |  | **62152288** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 3.3%** |  |  |  |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 3.3%** |  |  |  |
| FHLMC, 6.00%, 2/1/38 |  | 13266 | 14022 |
| FHLMC, 4.50%, 10/1/52 |  | 4539985 | 4468422 |
| FHLMC, 5.50%, 12/1/52 |  | 2016594 | 2055968 |
| FHLMC, 5.00%, 6/1/53 |  | 2268259 | 2277412 |
| FNMA, 4.50%, 10/1/52 |  | 4542749 | 4473947 |
| FNMA, 5.50%, 3/1/54 |  | 2095341 | 2130617 |
| FNMA, 4.00%, 1/1/55 |  | 2412695 | 2311402 |
| GNMA, 5.00%, TBA |  | 2499000 | 2498991 |
| GNMA, 7.00%, 12/15/27 |  | 2276 | 2310 |
| GNMA, 7.50%, 12/15/27 |  | 198 | 199 |
| GNMA, 6.00%, 5/15/28 |  | 1712 | 1739 |
| GNMA, 6.50%, 5/15/28 |  | 1500 | 1512 |
| GNMA, 7.00%, 5/15/31 |  | 3553 | 3705 |
| GNMA, 6.50%, 10/15/38 |  | 211279 | 226471 |
| GNMA, 4.50%, 6/15/41 |  | 94568 | 94367 |
| GNMA, 4.00%, 4/20/54 |  | 2534280 | 2405572 |
| UMBS, 5.00%, TBA |  | 2543000 | 2542896 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES** <br>(Cost $24,948,450) |  |  | **25509552** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 3.2%** |  |  |  |
| **Australia — 0.3%** |  |  |  |
| Australia Government Bonds, 3.00%, 3/21/47 | AUD | 1270000 | 634965 |
| Queensland Treasury Corp., 4.50%, 8/22/35<sup>(6)</sup> | AUD | 920000 | 602857 |
| Treasury Corp. of Victoria, 2.00%, 9/17/35 | AUD | 1600000 | 835565 |
|  |  |  | 2073387 |
| **Belgium — 0.2%** |  |  |  |
| Kingdom of Belgium Government Bonds, 2.85%, 10/22/34<sup>(6)</sup> | EUR | 1100000 | 1273263 |
| Kingdom of Belgium Government Bonds, 4.25%, 3/28/41<sup>(6)</sup> | EUR | 74000 | 92490 |
|  |  |  | 1365753 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal Amount** | **Value** |
| **Canada — 0.1%** | | | |
| Province of Quebec, 5.75%, 12/1/36 | CAD | 445000 | $375631 |
| Province of Quebec, 5.00%, 12/1/41 | CAD | 30000 | 23490 |
| Province of Quebec, 3.50%, 12/1/48 | CAD | 110000 | 67671 |
|  |  |  | 466792 |
| **Chile — 0.0%** |  |  |  |
| Chile Government International Bonds, 5.33%, 1/5/54 |  | $160000 | 155292 |
| **Colombia — 0.1%** |  |  |  |
| Colombia Government International Bonds, 5.00%, 9/19/32 | EUR | 550000 | 631165 |
| **Indonesia — 0.0%** |  |  |  |
| Indonesia Treasury Bonds, 7.00%, 2/15/33 | IDR | 3800000000 | 234537 |
| **Japan — 0.1%** |  |  |  |
| Japan Government Thirty Year Bonds, 1.40%, 3/20/53 | JPY | 78000000 | 312163 |
| Japan Government Thirty Year Bonds, 1.20%, 6/20/53 | JPY | 164500000 | 619391 |
| Japan Government Thirty Year Bonds, 1.80%, 9/20/53 | JPY | 51300000 | 227027 |
|  |  |  | 1158581 |
| **Malaysia — 0.0%** |  |  |  |
| Malaysia Government Bonds, 3.83%, 7/5/34 | MYR | 1450000 | 375784 |
| **Mexico — 0.5%** |  |  |  |
| Eagle Funding Luxco SARL, 5.50%, 8/17/30<sup>(6)</sup> |  | $865000 | 879765 |
| Mexico Bonos, 7.75%, 11/13/42 | MXN | 44900000 | 2244829 |
| Mexico Government International Bonds, 4.875%, 5/16/36 | EUR | 950000 | 1126532 |
|  |  |  | 4251126 |
| **New Zealand — 0.7%** |  |  |  |
| New Zealand Government Bonds, 2.00%, 5/15/32 | NZD | 3600000 | 1906749 |
| New Zealand Government Bonds, 4.50%, 5/15/35 | NZD | 5235000 | 3148015 |
|  |  |  | 5054764 |
| **Norway — 0.2%** |  |  |  |
| Norway Government Bonds, 4.125%, 6/3/36<sup>(6)(7)</sup> | NOK | 15349000 | 1584756 |
| **Poland — 0.1%** |  |  |  |
| Republic of Poland Government Bonds, 1.75%, 4/25/32 | PLN | 3500000 | 836679 |
| **Saudi Arabia — 0.1%** |  |  |  |
| Saudi Government International Bonds, 4.875%, 1/12/36<sup>(6)</sup> |  | $1100000 | 1088440 |
| **South Africa — 0.1%** |  |  |  |
| Republic of South Africa Government Bonds, 8.50%, 1/31/37 | ZAR | 7000000 | 435178 |
| **Spain — 0.5%** |  |  |  |
| Spain Government Bonds, 3.10%, 7/30/31 | EUR | 3190000 | 3860020 |
| **Turkey — 0.2%** |  |  |  |
| Turkiye Government Bonds, 30.00%, 9/12/29 | TRY | 44000000 | 998906 |
| Turkiye Government International Bonds, 6.875%, 1/14/38 |  | $560000 | 555183 |
|  |  |  | 1554089 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES** <br>(Cost $25,426,815) |  |  | **25126343** |
| **CORPORATE BONDS — 3.2%** |  |  |  |
| **Aerospace and Defense — 0.1%** |  |  |  |
| Boeing Co., 2.20%, 2/4/26 |  | 470000 | 469920 |
| Embraer Netherlands Finance BV, 5.40%, 1/9/38 |  | 173000 | 170933 |
| Lockheed Martin Corp., 4.50%, 2/15/29 |  | 166000 | 168925 |
| RTX Corp., 6.40%, 3/15/54 |  | 75000 | 82671 |
| Textron, Inc., 5.50%, 5/15/35 |  | 164000 | 169359 |
|  |  |  | 1061808 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Air Freight and Logistics — 0.0%** | | |
| United Parcel Service, Inc., 5.50%, 5/22/54 | $87000 | $84806 |
| **Automobile Components — 0.0%** |  |  |
| Magna International, Inc., 5.875%, 6/1/35 | 162000 | 170947 |
| **Automobiles — 0.1%** |  |  |
| BMW U.S. Capital LLC, 5.20%, 8/11/35<sup>(6)</sup> | 166000 | 167408 |
| Ford Motor Co., 3.25%, 2/12/32 | 194000 | 172388 |
| General Motors Co., 6.25%, 4/15/35 | 160000 | 169948 |
| General Motors Co., 6.60%, 4/1/36 | 156000 | 170009 |
| Hyundai Capital America, 5.15%, 3/27/30<sup>(6)</sup> | 165000 | 169339 |
| Hyundai Capital America, 4.55%, 1/8/31<sup>(6)</sup> | 30000 | 30033 |
|  |  | 879125 |
| **Banks — 0.7%** |  |  |
| Banco Santander Chile, 4.55%, 11/20/30<sup>(6)</sup> | 150000 | 150188 |
| Banco Santander SA, 1.85%, 3/25/26 | 2000000 | 1993336 |
| Bank of America Corp., VRN, 5.93%, 9/15/27 | 111000 | 112323 |
| Bank of America Corp., VRN, 2.48%, 9/21/36 | 194000 | 170304 |
| Bank of Montreal, VRN, 3.80%, 12/15/32 | 225000 | 222824 |
| Bank of Montreal, VRN, 3.09%, 1/10/37 | 109000 | 98473 |
| Canadian Imperial Bank of Commerce, VRN, 4.86%, 3/30/29 | 143000 | 145406 |
| Citizens Financial Group, Inc., VRN, 5.25%, 3/5/31 | 166000 | 170261 |
| Citizens Financial Group, Inc., VRN, 5.30%, 1/29/36 | 10000 | 10050 |
| Comerica, Inc., VRN, 5.98%, 1/30/30 | 162000 | 169369 |
| Huntington Bancshares, Inc., VRN, 6.14%, 11/18/39 | 55000 | 57545 |
| Huntington Bancshares, Inc., VRN, 5.61%, 1/28/41 | 110000 | 109510 |
| JPMorgan Chase & Co., VRN, 5.58%, 7/23/36 | 162000 | 166493 |
| JPMorgan Chase & Co., VRN, 5.19%, 2/5/37<sup>(7)</sup> | 95000 | 94721 |
| KeyCorp, VRN, 5.31%, 1/28/37 | 55000 | 55084 |
| M&T Bank Corp., VRN, 6.08%, 3/13/32 | 159000 | 168944 |
| M&T Bank Corp., VRN, 5.39%, 1/16/36 | 82000 | 83178 |
| PNC Financial Services Group, Inc., VRN, 5.10%, 7/23/27 | 230000 | 231245 |
| Royal Bank of Canada, VRN, 4.97%, 5/2/31 | 166000 | 170070 |
| Santander Holdings USA, Inc., VRN, 6.17%, 1/9/30 | 160000 | 167051 |
| Standard Chartered PLC, VRN, 4.30%, 1/13/30<sup>(6)</sup> | 200000 | 199926 |
| Toronto-Dominion Bank, VRN, 5.15%, 9/10/34 | 130000 | 132197 |
| U.S. Bancorp, VRN, 4.97%, 7/22/33 | 149000 | 150103 |
| U.S. Bancorp, VRN, 2.49%, 11/3/36 | 197000 | 172514 |
| Wells Fargo & Co., VRN, 4.90%, 1/24/28 | 167000 | 168436 |
| Wells Fargo & Co., VRN, 6.30%, 10/23/29 | 161000 | 170055 |
| Westpac Banking Corp., VRN, 3.02%, 11/18/36 | 191000 | 173082 |
|  |  | 5712688 |
| **Beverages — 0.0%** |  |  |
| Keurig Dr. Pepper, Inc., 4.35%, 5/15/28 | 170000 | 170778 |
| **Biotechnology — 0.0%** |  |  |
| Amgen, Inc., 5.25%, 3/2/30 | 122000 | 126614 |
| Amgen, Inc., 5.75%, 3/2/63 | 85000 | 83166 |
| Biogen, Inc., 6.45%, 5/15/55 | 79000 | 83333 |
|  |  | 293113 |
| **Capital Markets — 0.2%** |  |  |
| Apollo Debt Solutions BDC, 5.875%, 8/30/30 | 111000 | 111876 |
| Apollo Debt Solutions BDC, 5.70%, 1/23/31<sup>(6)</sup> | 10000 | 9950 |
| ARES Capital Corp., 2.875%, 6/15/28 | 135000 | 129600 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| ARES Capital Corp., 5.25%, 4/12/31 | $90000 | $88647 |
| ARES Strategic Income Fund, 5.55%, 4/15/31<sup>(6)</sup> | 110000 | 108800 |
| Blackstone Private Credit Fund, 5.35%, 3/12/31 | 112000 | 109464 |
| Blue Owl Technology Finance Corp., 6.125%, 1/23/31 | 110000 | 108397 |
| Goldman Sachs BDC, Inc., 5.10%, 1/28/29 | 57000 | 56637 |
| Goldman Sachs Group, Inc., VRN, 5.22%, 4/23/31 | 165000 | 169994 |
| HPS Corporate Lending Fund, 5.15%, 4/2/29<sup>(6)</sup> | 5000 | 4981 |
| Jefferies Financial Group, Inc., 6.20%, 4/14/34 | 161000 | 169370 |
| Jefferies Financial Group, Inc., 5.50%, 2/15/36 | 55000 | 54316 |
| Raymond James Financial, Inc., 4.90%, 9/11/35 | 21000 | 20803 |
|  |  | 1142835 |
| **Chemicals — 0.0%** |  |  |
| EQUATE Petrochemical Co. KSC, 4.25%, 11/3/26<sup>(6)</sup> | 82000 | 81922 |
| LYB International Finance III LLC, 5.50%, 3/1/34 | 113000 | 111553 |
|  |  | 193475 |
| **Consumer Finance — 0.1%** |  |  |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 4.125%, 2/28/29 | 150000 | 149510 |
| Air Lease Corp., 5.10%, 3/1/29 | 113000 | 115138 |
| American Express Co., VRN, 4.73%, 4/25/29 | 176000 | 178671 |
| Avolon Holdings Funding Ltd., 4.95%, 10/15/32<sup>(6)</sup> | 115000 | 114134 |
| Capital One Financial Corp., VRN, 5.82%, 2/1/34 | 144000 | 150218 |
| Capital One Financial Corp., VRN, 6.38%, 6/8/34 | 142000 | 152533 |
|  |  | 860204 |
| **Consumer Staples Distribution & Retail — 0.1%** |  |  |
| Dollar Tree, Inc., 4.20%, 5/15/28 | 171000 | 171225 |
| Target Corp., 5.00%, 4/15/35 | 168000 | 169717 |
| Walmart, Inc., 4.10%, 4/28/27 | 230000 | 231561 |
|  |  | 572503 |
| **Diversified REITs — 0.1%** |  |  |
| Crown Castle, Inc., 3.80%, 2/15/28 | 172000 | 170937 |
| Host Hotels & Resorts LP, 5.50%, 4/15/35 | 168000 | 170334 |
| Simon Property Group LP, 6.65%, 1/15/54 | 73000 | 81803 |
| Store Capital LLC, 5.40%, 4/30/30<sup>(6)</sup> | 111000 | 113131 |
|  |  | 536205 |
| **Diversified Telecommunication Services — 0.1%** |  |  |
| AT&T, Inc., 6.00%, 4/30/56<sup>(7)</sup> | 80000 | 79422 |
| AT&T, Inc., 6.05%, 8/15/56 | 81000 | 81127 |
| Verizon Communications, Inc., 5.875%, 11/30/55 | 85000 | 83966 |
| Verizon Communications, Inc., 6.00%, 11/30/65 | 86000 | 85137 |
|  |  | 329652 |
| **DNU- Internet and Direct Marketing Retail — 0.0%** |  |  |
| Amazon.com, Inc., 5.55%, 11/20/65 | 87000 | 84477 |
| **Electric Utilities — 0.2%** |  |  |
| Basin Electric Power Cooperative, 5.85%, 10/15/55<sup>(6)</sup> | 85000 | 84081 |
| Eversource Energy, 5.45%, 3/1/28 | 165000 | 169404 |
| Niagara Mohawk Power Corp., 6.00%, 7/3/55<sup>(6)</sup> | 80000 | 80695 |
| PacifiCorp, 6.25%, 10/15/37 | 69000 | 72486 |
| PacifiCorp, 5.35%, 12/1/53 | 96000 | 84718 |
| PSEG Power LLC, 5.20%, 5/15/30<sup>(6)</sup> | 168000 | 172396 |
| Southern California Edison Co., 5.45%, 6/1/31 | 69000 | 71433 |
| Southern California Edison Co., 5.875%, 12/1/53 | 88000 | 84650 |
| Xcel Energy, Inc., 5.60%, 4/15/35 | 232000 | 239839 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Xcel Energy, Inc., 6.50%, 7/1/36 | $63000 | $68677 |
|  |  | 1128379 |
| **Electronic Equipment, Instruments and Components — 0.0%** |  |  |
| Amphenol Corp., 4.40%, 2/15/33 | 174000 | 172055 |
| **Energy Equipment and Services — 0.0%** |  |  |
| Patterson-UTI Energy, Inc., 7.15%, 10/1/33 | 159000 | 171395 |
| **Entertainment — 0.0%** |  |  |
| Meta Platforms, Inc., 5.75%, 5/15/63 | 87000 | 82728 |
| Meta Platforms, Inc., 5.55%, 8/15/64 | 87000 | 79934 |
|  |  | 162662 |
| **Financial Services — 0.2%** |  |  |
| Apollo Global Management, Inc., 5.15%, 8/12/35 | 150000 | 149437 |
| Bank of America Corp., VRN, 3.85%, 3/8/37 | 180000 | 169029 |
| Bank of Nova Scotia, VRN, 4.59%, 5/4/37 | 84000 | 82270 |
| BNP Paribas SA, VRN, 4.92%, 1/15/34<sup>(6)</sup> | 250000 | 248833 |
| HSBC Holdings PLC, 6.50%, 9/15/37 | 156000 | 169047 |
| Morgan Stanley, VRN, 5.30%, 4/20/37 | 167000 | 169784 |
| Societe Generale SA, VRN, 4.45%, 4/12/30<sup>(6)</sup> | 200000 | 200177 |
|  |  | 1188577 |
| **Gas Utilities — 0.0%** |  |  |
| Southern California Gas Co., 6.00%, 6/15/55 | 79000 | 81101 |
| **Ground Transportation — 0.1%** |  |  |
| Burlington Northern Santa Fe LLC, 5.80%, 3/15/56 | 31000 | 31824 |
| Fedex Freight Holding Co., Inc., 4.65%, 3/15/31<sup>(6)(7)</sup> | 55000 | 54982 |
| Fedex Freight Holding Co., Inc., 4.95%, 3/15/33<sup>(6)(7)</sup> | 55000 | 54863 |
| JB Hunt Transport Services, Inc., 4.90%, 3/15/30 | 167000 | 170841 |
| Penske Truck Leasing Co. LP/PTL Finance Corp., 4.55%, 1/15/31<sup>(6)</sup> | 115000 | 114803 |
| Triton Container International Ltd./TAL International Container Corp., 5.15%, 2/15/33 | 115000 | 114545 |
| XPO, Inc., 6.25%, 6/1/28<sup>(6)</sup> | 167000 | 170206 |
|  |  | 712064 |
| **Health Care Providers and Services — 0.1%** |  |  |
| Ascension Health, 4.92%, 11/15/35 | 96000 | 96109 |
| Centene Corp., 2.45%, 7/15/28 | 183000 | 172281 |
| CommonSpirit Health, 4.98%, 9/1/35 | 172000 | 169528 |
| CommonSpirit Health, 5.66%, 9/1/55 | 87000 | 84560 |
| CVS Health Corp., 6.00%, 6/1/44 | 83000 | 83251 |
| CVS Health Corp., 5.875%, 6/1/53 | 87000 | 84017 |
| CVS Health Corp., 6.00%, 6/1/63 | 87000 | 83673 |
| Health Care Service Corp. A Mutual Legal Reserve Co., 5.875%, 6/15/54<sup>(6)</sup> | 85000 | 82159 |
| Sutter Health, 5.54%, 8/15/35 | 17000 | 17724 |
|  |  | 873302 |
| **Health Care REITs — 0.0%** |  |  |
| National Health Investors, Inc., 5.35%, 2/1/33 | 171000 | 171315 |
| **Household Durables — 0.0%** |  |  |
| Meritage Homes Corp., 5.125%, 6/6/27 | 160000 | 161201 |
| **Insurance — 0.1%** |  |  |
| American National Global Funding, 5.55%, 1/28/30<sup>(6)</sup> | 30000 | 30880 |
| American National Global Funding, 4.875%, 1/23/31<sup>(6)</sup> | 100000 | 99635 |
| Athene Global Funding, 5.54%, 8/22/35<sup>(6)</sup> | 75000 | 75242 |
| Lincoln Financial Global Funding, 4.20%, 1/12/29<sup>(6)</sup> | 110000 | 109932 |
| NLG Global Funding, 5.40%, 1/23/30<sup>(6)</sup> | 122000 | 125694 |
| RGA Global Funding, 5.00%, 8/25/32<sup>(6)</sup> | 167000 | 168610 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Western-Southern Global Funding, 4.25%, 1/29/29<sup>(6)</sup> | $60000 | $60157 |
| Willis North America, Inc., 4.55%, 3/15/31 | 115000 | 114997 |
|  |  | 785147 |
| **Interactive Media and Services — 0.0%** |  |  |
| Meta Platforms, Inc., 5.625%, 11/15/55 | 87000 | 82840 |
| **IT Services — 0.0%** |  |  |
| CDW LLC/CDW Finance Corp., 3.25%, 2/15/29 | 177000 | 170859 |
| **Life Sciences Tools and Services — 0.0%** |  |  |
| Illumina, Inc., 4.75%, 12/12/30 | 172000 | 173856 |
| **Machinery — 0.1%** |  |  |
| Caterpillar Financial Services Corp., 4.40%, 3/3/28 | 168000 | 170112 |
| Cummins, Inc., 5.30%, 5/9/35 | 164000 | 169522 |
| IDEX Corp., 4.95%, 9/1/29 | 165000 | 168540 |
| Stanley Black & Decker, Inc., 2.30%, 3/15/30 | 186000 | 171149 |
|  |  | 679323 |
| **Media — 0.1%** |  |  |
| Comcast Corp., 5.50%, 5/15/64 | 94000 | 84393 |
| Cox Communications, Inc., 5.70%, 6/15/33<sup>(6)</sup> | 170000 | 171618 |
| Paramount Global, 4.95%, 1/15/31 | 116000 | 111016 |
|  |  | 367027 |
| **Metals and Mining — 0.1%** |  |  |
| Barrick North America Finance LLC, 5.70%, 5/30/41 | 83000 | 84575 |
| BHP Billiton Finance USA Ltd., 5.75%, 9/5/55 | 81000 | 82963 |
| Glencore Funding LLC, 5.19%, 4/1/30<sup>(6)</sup> | 166000 | 170958 |
| Rio Tinto Finance USA PLC, 5.875%, 3/14/65 | 81000 | 83163 |
|  |  | 421659 |
| **Oil, Gas and Consumable Fuels — 0.3%** |  |  |
| Antero Resources Corp., 7.625%, 2/1/29<sup>(6)</sup> | 108000 | 109715 |
| Continental Resources, Inc., 4.375%, 1/15/28 | 169000 | 169272 |
| Devon Energy Corp., 5.75%, 9/15/54 | 91000 | 86514 |
| Energy Transfer LP, 5.35%, 1/15/36 | 70000 | 69951 |
| Energy Transfer LP, 6.20%, 4/1/55 | 85000 | 84125 |
| Energy Transfer LP, 6.30%, 1/15/56 | 70000 | 70026 |
| MPLX LP, 6.20%, 9/15/55 | 83000 | 83078 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 413000 | 403161 |
| Plains All American Pipeline LP, 5.95%, 6/15/35 | 77000 | 80322 |
| Plains All American Pipeline LP/PAA Finance Corp., 5.60%, 1/15/36 | 167000 | 169508 |
| Shell Finance U.S., Inc., 4.00%, 5/10/46 | 105000 | 85168 |
| Targa Resources Corp., 5.40%, 7/30/36 | 113000 | 113239 |
| TotalEnergies Capital SA, 5.43%, 9/10/64 | 89000 | 83877 |
| Western Midstream Operating LP, 5.30%, 3/1/48 | 96000 | 83707 |
| Woodside Finance Ltd., 6.00%, 5/19/35 | 165000 | 171702 |
|  |  | 1863365 |
| **Passenger Airlines — 0.1%** |  |  |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(6)</sup> | 50 | 50 |
| Southwest Airlines Co., 2.625%, 2/10/30 | 184000 | 171309 |
| Southwest Airlines Co., 5.25%, 11/15/35 | 70000 | 68547 |
| United Airlines, Inc., 4.625%, 4/15/29<sup>(6)</sup> | 171000 | 170923 |
|  |  | 410829 |
| **Personal Care Products — 0.0%** |  |  |
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 6.625%, 7/15/30<sup>(6)</sup> | 162000 | 166271 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Pharmaceuticals — 0.1%** | | |
| McKesson Corp., 4.65%, 5/30/30 | $169000 | $171782 |
| Merck & Co., Inc., 5.70%, 9/15/55 | 82000 | 82393 |
| Novartis Capital Corp., 4.60%, 11/5/35 | 172000 | 170357 |
| Novartis Capital Corp., 5.30%, 11/5/55 | 86000 | 83180 |
| Pfizer Investment Enterprises Pte. Ltd., 5.34%, 5/19/63 | 91000 | 84709 |
| Viatris, Inc., 2.30%, 6/22/27 | 176000 | 171436 |
| Viatris, Inc., 2.70%, 6/22/30 | 90000 | 82492 |
|  |  | 846349 |
| **Real Estate Management and Development — 0.0%** |  |  |
| Jones Lang LaSalle, Inc., 6.875%, 12/1/28 | 133000 | 142027 |
| **Semiconductors and Semiconductor Equipment — 0.1%** |  |  |
| Applied Materials, Inc., 1.75%, 6/1/30 | 190000 | 172070 |
| Intel Corp., 4.80%, 10/1/41 | 93000 | 83512 |
| KLA Corp., 4.65%, 7/15/32 | 73000 | 74118 |
| KLA Corp., 5.25%, 7/15/62 | 88000 | 81919 |
| Qorvo, Inc., 4.375%, 10/15/29 | 173000 | 170525 |
| QUALCOMM, Inc., 5.00%, 5/20/35 | 169000 | 171005 |
|  |  | 753149 |
| **Software — 0.1%** |  |  |
| Cadence Design Systems, Inc., 4.30%, 9/10/29 | 170000 | 171121 |
| Oracle Corp., 6.15%, 11/9/29 | 162000 | 169004 |
| Oracle Corp., 4.30%, 7/8/34 | 99000 | 89446 |
| Oracle Corp., 5.375%, 9/27/54 | 98000 | 78803 |
|  |  | 508374 |
| **Specialty Retail — 0.0%** |  |  |
| Genuine Parts Co., 4.95%, 8/15/29 | 166000 | 168729 |
| Genuine Parts Co., 2.75%, 2/1/32 | 71000 | 63013 |
|  |  | 231742 |
| **Tobacco — 0.0%** |  |  |
| BAT Capital Corp., 7.08%, 8/2/53 | 72000 | 81508 |
| **Transportation Infrastructure — 0.0%** |  |  |
| FedEx Corp., 3.25%, 5/15/41 | 114000 | 87842 |
| FedEx Corp., 4.10%, 2/1/45 | 105000 | 84650 |
|  |  | 172492 |
| **Wireless Telecommunication Services — 0.0%** |  |  |
| T-Mobile USA, Inc., 5.85%, 2/15/56 | 80000 | 78944 |
| **TOTAL CORPORATE BONDS** <br>(Cost $24,830,526) |  | **24850428** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 1.7%** |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 1.7%** |  |  |
| ABN AMRO Mortgage Corp., Series 2003-4, Class A4, 5.50%, 3/25/33 | 1570 | 1578 |
| BRAVO Residential Funding Trust, Series 2024-NQM5, Class A3, 6.16%, 6/25/64<sup>(6)</sup> | 384800 | 389183 |
| Chase Home Lending Mortgage Trust, Series 2025-10, Class A4A, VRN, 5.50%, 7/25/56<sup>(6)</sup> | 725812 | 733361 |
| Chase Home Lending Mortgage Trust, Series 2025-8, Class A4, SEQ, VRN, 6.00%, 6/25/56<sup>(6)</sup> | 1055326 | 1068803 |
| Ellington Financial Mortgage Trust, Series 2022-4, Class A3, 5.90%, 9/25/67<sup>(6)</sup> | 260204 | 260641 |
| GS Mortgage-Backed Securities Trust, Series 2024-PJ1, Class A15, VRN, 6.00%, 6/25/54<sup>(6)</sup> | 242599 | 244249 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ5, Class A5, VRN, 5.50%, 10/25/55<sup>(6)</sup> | 458247 | 460815 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ6, Class A4, SEQ, VRN, 6.00%, 11/25/55<sup>(6)</sup> | 486916 | 494937 |
| JP Morgan Mortgage Trust, Series 2024-1, Class A4, SEQ, VRN, 6.00%, 6/25/54<sup>(6)</sup> | 397713 | 400384 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A4, VRN, 6.00%, 6/25/55<sup>(6)</sup> | 425595 | 429586 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A9, VRN, 6.15%, 6/25/55<sup>(6)</sup> | 423136 | 430446 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| JP Morgan Mortgage Trust, Series 2024-2, Class A3, VRN, 6.00%, 8/25/54<sup>(6)</sup> | $326680 | $330323 |
| JP Morgan Mortgage Trust, Series 2024-6, Class A9A, VRN, 6.00%, 12/25/54<sup>(6)</sup> | 633235 | 640701 |
| JP Morgan Mortgage Trust, Series 2025-NQM1, Class A3, 5.97%, 6/25/65<sup>(6)</sup> | 332654 | 336291 |
| OBX Trust, Series 2025-J3, Class A5, SEQ, VRN, 5.00%, 10/25/55<sup>(6)</sup> | 575391 | 574140 |
| OBX Trust, Series 2025-NQM15, Class A1B, 5.14%, 7/27/65<sup>(6)</sup> | 852248 | 857976 |
| PRKCM Trust, Series 2025-AFC1, Class A1B, 5.10%, 10/25/60<sup>(6)</sup> | 1103191 | 1108095 |
| Provident Funding Mortgage Trust, Series 2025-2, Class A4, SEQ, VRN, 5.50%, 6/25/55<sup>(6)</sup> | 559441 | 563933 |
| PRPM Trust, Series 2022-NQM1, Class A3, 5.50%, 8/25/67<sup>(6)</sup> | 781225 | 779320 |
| Radian Mortgage Capital Trust, Series 2025-J2, Class A15, VRN, 5.50%, 11/25/55<sup>(6)</sup> | 852874 | 857804 |
| Rate Mortgage Trust, Series 2025-J1, Class A4, VRN, 6.00%, 3/25/55<sup>(6)</sup> | 839733 | 853613 |
| Sequoia Mortgage Trust, Series 2023-4, Class A10, SEQ, VRN, 5.80%, 11/25/53<sup>(6)</sup> | 184714 | 184805 |
| Sequoia Mortgage Trust, Series 2024-2, Class A4, VRN, 6.00%, 3/25/54<sup>(6)</sup> | 448265 | 452892 |
| Sequoia Mortgage Trust, Series 2024-6, Class A11, SEQ, VRN, 6.00%, 7/27/54<sup>(6)</sup> | 435626 | 438363 |
| SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46<sup>(6)</sup> | 22382 | 20307 |
|  |  | 12912546 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 0.0%** |  |  |
| FNMA, Series 2024-R01, Class 1M1, VRN, 4.75%, (30-day average SOFR plus 1.05%), 1/25/44<sup>(6)</sup> | 198899 | 199166 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** <br>(Cost $13,044,322) |  | **13111712** |
| **ASSET-BACKED SECURITIES — 0.7%** |  |  |
| ACM Auto Trust, Series 2025-2A, Class B, 7.25%, 2/20/32<sup>(6)</sup> | 524000 | 530845 |
| ACM Auto Trust, Series 2025-3A, Class B, 6.08%, 7/20/32<sup>(6)</sup> | 478000 | 477101 |
| Blackbird Capital II Aircraft Lease Ltd., Series 2021-1A, Class A, SEQ, 2.44%, 7/15/46<sup>(6)</sup> | 265732 | 254285 |
| Elara HGV Timeshare Issuer LLC, Series 2025-A, Class A, SEQ, 4.54%, 1/25/40<sup>(6)</sup> | 951334 | 951710 |
| JP Morgan Mortgage Trust, Series 2025-CES5, Class A1A, 5.14%, 2/25/56<sup>(6)</sup> | 990411 | 998345 |
| JP Morgan Mortgage Trust, Series 2025-CES5, Class A1B, 5.24%, 2/25/56<sup>(6)</sup> | 1037574 | 1045870 |
| Lendbuzz Securitization Trust, Series 2026-1A, Class C, 5.74%, 9/15/31<sup>(6)</sup> | 470000 | 469959 |
| Pagaya AI Debt Grantor Trust, Series 2025-6, Class B, 4.88%, 4/15/33<sup>(6)</sup> | 407321 | 406484 |
| USQ Rail I LLC, Series 2021-2A, Class B, SEQ, 2.98%, 2/28/51<sup>(6)</sup> | 399000 | 378060 |
| **TOTAL ASSET-BACKED SECURITIES** <br>(Cost $5,503,736) |  | **5512659** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.4%** |  |  |
| BX Trust, Series 2023-LIFE, Class A, SEQ, 5.05%, 2/15/28<sup>(6)</sup> | 762000 | 755841 |
| Credit Suisse Mortgage Trust, Series 2021-BHAR, Class A, VRN, 4.95%, (1-month SOFR plus 1.26%), 11/15/38<sup>(6)</sup> | 706000 | 701569 |
| DBSG Mortgage Trust, Series 2024-ALTA, Class A, SEQ, VRN, 5.95%, 6/10/37<sup>(6)</sup> | 706000 | 716941 |
| NJ Trust, Series 2023-GSP, Class A, SEQ, VRN, 6.48%, 1/6/29<sup>(6)</sup> | 705000 | 740809 |
| WB Commercial Mortgage Trust, Series 2024-HQ, Class A, SEQ, VRN, 6.13%, 3/15/40<sup>(6)</sup> | 564000 | 565570 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** <br>(Cost $3,470,882) |  | **3480730** |
| **MUNICIPAL SECURITIES — 0.3%** |  |  |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41 | 140000 | 161961 |
| New York City GO, 4.06%, 8/1/26 | 2000000 | 2001741 |
| New York City GO, 6.27%, 12/1/37 | 40000 | 42953 |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60 | 175000 | 113605 |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41 | 45000 | 45682 |
| **TOTAL MUNICIPAL SECURITIES** <br>(Cost $2,408,971) |  | **2365942** |
| **EXCHANGE-TRADED FUNDS — 0.1%** |  |  |
| iShares Core S&P 500 ETF | 490 | 340565 |
| iShares MSCI EAFE Small-Cap ETF<sup>(3)</sup> | 885 | 72366 |
| **TOTAL EXCHANGE-TRADED FUNDS** <br>(Cost $401,117) |  | **412931** |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
|<br>**PREFERRED SECURITIES — 0.0%** | **Shares/Principal Amount** | **Value** |
| **Oil, Gas and Consumable Fuels — 0.0%** | | |
| BP Capital Markets PLC, 6.45% <br>(Cost $168,825) | 159000 | $**169066** |
| **RIGHTS — 0.0%** |  |  |
| **Biotechnology — 0.0%** |  |  |
| Akero Therapeutics, Inc.<sup>(2)</sup> <br>(Cost $822) | 1264 | **822** |
| **SHORT-TERM INVESTMENTS — 6.6%** |  |  |
| **Commercial Paper**<sup>(8)</sup> **— 2.7%** |  |  |
| Brigantine Funding Co. LLC, 4.07%, 2/5/26<sup>(6)</sup> | $1500000 | 1499073 |
| Chesham Finance Ltd./Chesham Finance LLC, VRDN, 3.66%, (SOFR plus 0.01%), 2/2/26<sup>(6)</sup> | 500000 | 499977 |
| Endeavour Funding Co. LLC, 4.03%, 4/10/26 (LOC: HSBC Bank PLC)<sup>(6)</sup> | 2750000 | 2730002 |
| HQLA Funding LLC, Series SARA, VRN, 3.97%, (SOFR plus 0.32%), 7/9/26<sup>(6)</sup> | 250000 | 249978 |
| Intrepid Funding Co. LLC, 4.37%, 2/12/26 (LOC: Goldman Sachs International)<sup>(6)</sup> | 4700000 | 4693732 |
| Ionic Funding LLC, 4.24%, 2/4/26 (LOC: Bank of America N.A.)<sup>(6)</sup> | 1750000 | 1749097 |
| Ionic Funding LLC, VRN, 3.89%, (SOFR plus 0.24%), 2/4/26<sup>(6)</sup> | 1500000 | 1499976 |
| Ionic Funding LLC, Series IIA, 3.94%, 5/22/26<sup>(6)</sup> | 2500000 | 2470445 |
| Ionic Funding LLC, Series MCIA, 3.95%, 4/27/26<sup>(6)</sup> | 2000000 | 1981778 |
| Overwatch Alpha Funding LLC, 3.76%, 2/2/26<sup>(6)</sup> | 2250000 | 2249312 |
| Overwatch Bravo Funding LLC, 3.87%, 2/13/26<sup>(6)</sup> | 1500000 | 1497845 |
|  |  | 21121215 |
| **Money Market Funds — 3.5%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 13754040 | 13754040 |
| State Street Navigator Securities Lending Government Money Market Portfolio<sup>(9)</sup> | 13099329 | 13099329 |
|  |  | 26853369 |
| **Treasury Bills**<sup>(8)</sup> **— 0.4%** |  |  |
| U.S. Treasury Bills, 3.72%, 3/3/26 | $1000000 | 997086 |
| U.S. Treasury Bills, 3.66%, 3/19/26 | 1000000 | 995475 |
| U.S. Treasury Bills, 3.64%, 3/26/26 | 1250000 | 1243461 |
|  |  | 3236022 |
| **TOTAL SHORT-TERM INVESTMENTS** <br>(Cost $51,212,699) |  | **51210606** |
| **TOTAL INVESTMENT SECURITIES — 102.1%** <br>(Cost $611,986,787) |  | **793587651** |
| **OTHER ASSETS AND LIABILITIES — (2.1)%** |  | **(15985949)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**777601702** |

---

**FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 620722 | AUD | 932890 | Morgan Stanley & Co. LLC | 3/18/26 | $(28828) |
| USD | 1373967 | AUD | 2073731 | UBS AG | 3/18/26 | (69925) |
| CAD | 15008 | USD | 10957 | Citibank NA | 3/27/26 | 90 |
| CAD | 19569 | USD | 14259 | Citibank NA | 3/27/26 | 145 |
| CAD | 13045 | USD | 9510 | Citibank NA | 3/27/26 | 92 |
| CAD | 3062 | USD | 2236 | Citibank NA | 3/27/26 | 18 |
| CAD | 3845 | USD | 2796 | Citibank NA | 3/27/26 | 34 |
| CAD | 6672 | USD | 4877 | Citibank NA | 3/27/26 | 34 |
| USD | 491694 | CAD | 673928 | Morgan Stanley & Co. LLC | 3/18/26 | (4164) |
| USD | 129540 | CAD | 177556 | Citibank NA | 3/27/26 | (1151) |
| USD | 3035 | CAD | 4189 | Citibank NA | 3/27/26 | (48) |
| EUR | 3624 | USD | 4264 | Goldman Sachs & Co. LLC | 3/27/26 | 42 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| EUR | 4036 | USD | 4763 | Morgan Stanley & Co. LLC | 3/27/26 | $33 |
| EUR | 4323 | USD | 5090 | Morgan Stanley & Co. LLC | 3/27/26 | 47 |
| EUR | 5023 | USD | 5862 | Morgan Stanley & Co. LLC | 3/27/26 | 107 |
| USD | 4744551 | EUR | 4013973 | Citibank NA | 3/18/26 | (23057) |
| USD | 1211771 | EUR | 1032579 | JPMorgan Chase Bank NA | 3/18/26 | (14677) |
| USD | 699488 | EUR | 597846 | Morgan Stanley & Co. LLC | 3/18/26 | (10606) |
| USD | 174528 | EUR | 149325 | Morgan Stanley & Co. LLC | 3/18/26 | (2833) |
| USD | 232705 | EUR | 199100 | Morgan Stanley & Co. LLC | 3/18/26 | (3777) |
| USD | 34714 | EUR | 29391 | Citibank NA | 3/27/26 | (211) |
| USD | 373801 | EUR | 316491 | Citibank NA | 3/27/26 | (2271) |
| USD | 46027 | EUR | 38941 | Citibank NA | 3/27/26 | (246) |
| USD | 34729 | EUR | 29391 | Goldman Sachs & Co. LLC | 3/27/26 | (195) |
| USD | 373968 | EUR | 316491 | Goldman Sachs & Co. LLC | 3/27/26 | (2105) |
| USD | 92258 | EUR | 78110 | Goldman Sachs & Co. LLC | 3/27/26 | (557) |
| USD | 4073 | EUR | 3449 | Goldman Sachs & Co. LLC | 3/27/26 | (25) |
| USD | 12444 | EUR | 10583 | Goldman Sachs & Co. LLC | 3/27/26 | (131) |
| USD | 373530 | EUR | 316491 | Morgan Stanley & Co. LLC | 3/27/26 | (2542) |
| USD | 34688 | EUR | 29391 | Morgan Stanley & Co. LLC | 3/27/26 | (236) |
| USD | 40668 | EUR | 34373 | Morgan Stanley & Co. LLC | 3/27/26 | (175) |
| USD | 54667 | EUR | 46416 | Morgan Stanley & Co. LLC | 3/27/26 | (488) |
| USD | 9810 | EUR | 8359 | Morgan Stanley & Co. LLC | 3/27/26 | (123) |
| USD | 10040 | EUR | 8572 | Morgan Stanley & Co. LLC | 3/27/26 | (146) |
| USD | 51570 | EUR | 44029 | Morgan Stanley & Co. LLC | 3/27/26 | (748) |
| USD | 9855 | EUR | 8472 | Morgan Stanley & Co. LLC | 3/27/26 | (212) |
| USD | 9388 | EUR | 7847 | Morgan Stanley & Co. LLC | 3/27/26 | 64 |
| USD | 373939 | EUR | 316491 | UBS AG | 3/27/26 | (2133) |
| USD | 34726 | EUR | 29391 | UBS AG | 3/27/26 | (198) |
| USD | 53686 | EUR | 45580 | UBS AG | 3/27/26 | (475) |
| USD | 5063 | EUR | 4298 | UBS AG | 3/27/26 | (45) |
| GBP | 24019 | USD | 32392 | Bank of America NA | 3/27/26 | 472 |
| GBP | 16251 | USD | 21846 | Bank of America NA | 3/27/26 | 390 |
| GBP | 13589 | USD | 18633 | Goldman Sachs & Co. LLC | 3/27/26 | (39) |
| GBP | 48119 | USD | 64355 | JPMorgan Chase Bank NA | 3/27/26 | 1485 |
| GBP | 20704 | USD | 27871 | JPMorgan Chase Bank NA | 3/27/26 | 457 |
| USD | 5784 | GBP | 4298 | Bank of America NA | 3/27/26 | (97) |
| USD | 300563 | GBP | 224549 | Citibank NA | 3/27/26 | (6678) |
| USD | 300444 | GBP | 224549 | Goldman Sachs & Co. LLC | 3/27/26 | (6796) |
| USD | 300486 | GBP | 224549 | JPMorgan Chase Bank NA | 3/27/26 | (6754) |
| USD | 241141 | IDR | 4034549419 | Goldman Sachs & Co. LLC | 3/25/26 | 900 |
| USD | 1250241 | JPY | 192142586 | Morgan Stanley & Co. LLC | 3/18/26 | 4107 |
| USD | 122506 | JPY | 19290107 | UBS AG | 3/18/26 | (2599) |
| USD | 2237787 | MXN | 39323098 | Bank of America NA | 3/18/26 | (3603) |
| USD | 374332 | MYR | 1535661 | Goldman Sachs & Co. LLC | 3/18/26 | (15779) |
| USD | 1579141 | NOK | 15202878 | Morgan Stanley & Co. LLC | 3/18/26 | 845 |
| USD | 3048802 | NZD | 5236108 | Morgan Stanley & Co. LLC | 3/18/26 | (108883) |
| USD | 1846104 | NZD | 3178024 | Morgan Stanley & Co. LLC | 3/18/26 | (70433) |
| USD | 805937 | PLN | 2926874 | Morgan Stanley & Co. LLC | 3/18/26 | (17762) |
| USD | 408879 | ZAR | 6997554 | Goldman Sachs & Co. LLC | 3/18/26 | (22936) |
|  |  |  |  |  |  | $(425325) |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| Australian 10-Year Government Bonds | 21 | March 2026 | $1596166 | $(10391) |
| Canadian 10-Year Government Bonds | 19 | March 2026 | 1689509 | (16096) |
| Euro-BTP Italian Government 10-Year Bonds | 16 | March 2026 | 2296923 | 8128 |
| Euro-Bund 10-Year Bonds | 29 | March 2026 | 4405861 | 934 |
| Euro-OAT 10-Year Bonds | 21 | March 2026 | 3035123 | 19629 |
| Japanese 10-Year Government Bonds | 4 | March 2026 | 3401654 | (49393) |
| Japanese 10-Year Mini Government Bonds | 9 | March 2026 | 765256 | (11195) |
| Korean Treasury 10-Year Bonds | 13 | March 2026 | 1002050 | (15534) |
| U.K. Gilt 10-Year Bonds | 16 | March 2026 | 1989034 | 3373 |
| U.S. Treasury Long Bonds | 18 | March 2026 | 2072250 | (6910) |
| U.S. Treasury Ultra Bonds | 8 | March 2026 | 939500 | (3088) |
|  |  |  | $23193326 | $(80543) |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| U.S. Treasury 2-Year Notes | 70 | March 2026 | $14594453 | $12660 |
| U.S. Treasury 10-Year Notes | 5 | March 2026 | 559141 | 1334 |
| U.S. Treasury 10-Year Ultra Notes | 9 | March 2026 | 1027406 | 1530 |
|  |  |  | $16181000 | $15524 |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** |
| **Reference Entity** | **Type**<sup>‡</sup> | **Fixed<br>Rate<br>Received<br>(Paid)<br>Quarterly** | **Termination<br>Date** | **Notional<br>Amount** | **Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Value^** |
| Markit CDX North America High Yield Index Series 45 | Sell | 5.00% | 12/20/30 | $10494000 | $721221 | $219534 | $940755 |
| Markit iTraxx Europe Crossover Index Series 43 | Sell | 5.00% | 6/20/30 | EUR 2,762,648 | 270424 | 108791 | 379215 |
| Markit iTraxx Europe Senior Financial Index Series 44 | Sell | 1.00% | 12/20/30 | EUR 3,500,000 | 73930 | 19155 | 93085 |
|  |  |  |  |  | $1065575 | $347480 | $1413055 |

---

‡The maximum potential amount the fund could be required to deliver as a seller of credit protection if a credit event occurs as defined under the terms of the agreement is the notional amount. The maximum potential amount may be partially offset by any recovery values of the reference entities and upfront payments received upon entering into the agreement.

^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** |
| **Floating Rate Index** | **Pay/Receive Floating <br>Rate Index at<br>Termination** | **Fixed Rate** | **Termination <br>Date** | **Notional <br>Amount** | **Premiums Paid (Received)** | **Unrealized <br>Appreciation <br>(Depreciation)** | **Value** |
| CPURNSA | Receive | 2.44% | 12/10/30 | $5400000 | $518 | $8694 | $9212 |
| CPURNSA | Receive | 2.43% | 12/11/30 | $5150000 | 516 | 8540 | 9056 |
| CPURNSA | Receive | 2.52% | 2/3/31 | $2500000 | 515 | 160 | 675 |
|  |  |  |  |  | $1549 | $17394 | $18943 |

---

------

Schedule of Investments - Strategic Allocation: Moderate Fund

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| ADR | – | American Depositary Receipt |
| AUD | – | Australian Dollar |
| CAD | – | Canadian Dollar |
| CDX | – | Credit Derivatives Indexes |
| CPURNSA | – | U.S. Consumer Price Index Urban Consumers Not Seasonally Adjusted Index |
| EUR | – | Euro |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GBP | – | British Pound |
| GDR | – | Global Depositary Receipt |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| IDR | – | Indonesian Rupiah |
| JPY | – | Japanese Yen |
| LOC | – | Letter of Credit |
| MXN | – | Mexican Peso |
| MYR | – | Malaysian Ringgit |
| NOK | – | Norwegian Krone |
| NZD | – | New Zealand Dollar |
| PLN | – | Polish Zloty |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| TRY | – | Turkish Lira |
| UMBS | – | Uniform Mortgage-Backed Securities |
| USBMMY | – | U.S. Treasury Bill Money Market Yield |
| USD | – | United States Dollar |
| VRDN | – | Variable Rate Demand Note. The instrument may be payable upon demand and adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The date of the demand feature is disclosed. |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |
| ZAR | – | South African Rand |

---

(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds.

(2)Non-income producing.

(3)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $15,037,349. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

(4)Security may be subject to resale, redemption or transferability restrictions.

(5)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, forward foreign currency exchange contracts, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $2,220,661.

(6)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $52,619,001, which represented 6.8% of total net assets.

(7)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(8)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.

(9)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $15,459,673, which includes securities collateral of $2,360,344.

------

Schedule of Investments - Strategic Allocation: Moderate Fund

**AFFILIATED FUND TRANSACTIONS**

A summary of transactions for each affiliated fund for the period ended January 31, 2026 follows (amounts in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Fund**<sup>(1)</sup> | **Beginning Value** | **Purchase <br>Cost** | **Sales <br>Cost** | **Change in Net Unrealized Appreciation (Depreciation)** | **Ending <br>Value** | **Ending <br>Shares** | **Net Realized <br>Gain (Loss)** | **Distributions <br>Received**<sup>(2)</sup> |
| American Century Diversified Corporate Bond ETF | $28574 |  | $3236 | $604 | $25942 | 547 | $(265) | $675 |
| American Century Focused Dynamic Growth ETF<sup>(3)</sup> | 25534 | $2428 | 1180 | 1708 | 28490 | 225 | 1029 |  |
| American Century Focused Large Cap Value ETF | 24734 | 2566 | 200 | 2778 | 29878 | 377 | 27 | 251 |
| American Century Multisector Income ETF | 35630 |  |  | 390 | 36020 | 813 |  | 1015 |
| American Century Quality Diversified International ETF | 31932 | 2569 | 8554 | 60 | 26007 | 385 | 4378 | 315 |
| American Century Short Duration Strategic Income ETF | 4619 | 17744 |  | 93 | 22456 | 433 |  | 387 |
| American Century U.S. Quality Growth ETF | 35503 | 13823 | 634 | 824 | 49516 | 440 | 2 | 50 |
| American Century U.S. Quality Value ETF<sup>(4)</sup> | 35627 | 10971 | 361 | 4598 | 50835 | 741 | 6 | 433 |
| Avantis Emerging Markets Equity ETF | 30192 | 6258 | 8842 | 3924 | 31532 | 379 | 1414 | 460 |
| Avantis International Equity ETF<sup>(4)</sup> | 23193 | 5029 | 6040 | 3892 | 26074 | 300 | 339 | 287 |
| Avantis International Small Cap Value ETF<sup>(4)</sup> | 8422 | 508 | 475 | 1916 | 10371 | 103 | 241 | 146 |
| Avantis U.S. Equity ETF | 43502 | 2925 | 3683 | 4336 | 47080 | 407 | 1062 | 251 |
| Avantis U.S. Small Cap Value ETF | 10412 | 60 | 2096 | (3202) | 5174 | 47 | 4950 | 80 |
|  | $337874 | $64881 | $35301 | $21921 | $389375 | 5197 | $13183 | $4350 |

---

(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds. Additional information and attributes of each affiliated fund are available at americancentury.com or avantisinvestors.com.

(2)Distributions received includes distributions from net investment income and from capital gains, if any.

(3)Non-income producing.

(4)Security, or a portion thereof, is on loan.

------

Schedule of Investments - Strategic Allocation: Moderate Fund

**FAIR VALUE MEASUREMENTS**

The following is a summary of the fund's valuation inputs as of period end.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | | | |
| **Investment Securities** | | | |
| Affiliated Funds | $389375115 |  |  |
| Common Stocks | 132365589 | $57943868 |  |
| U.S. Treasury Securities |  | 62152288 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 25509552 |  |
| Sovereign Governments and Agencies |  | 25126343 |  |
| Corporate Bonds |  | 24850428 |  |
| Collateralized Mortgage Obligations |  | 13111712 |  |
| Asset-Backed Securities |  | 5512659 |  |
| Commercial Mortgage-Backed Securities |  | 3480730 |  |
| Municipal Securities |  | 2365942 |  |
| Exchange-Traded Funds | 412931 |  |  |
| Preferred Securities |  | 169066 |  |
| Rights | 822 |  |  |
| Short-Term Investments | 26853369 | 24357237 |  |
|  | $549007826 | $244579825 |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $15524 | $32064 |  |
| Swap Agreements |  | 1431998 |  |
| Forward Foreign Currency Exchange Contracts |  | 9362 |  |
|  | $15524 | $1473424 |  |
| **Liabilities** |  |  |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $9998 | $102609 |  |
| Forward Foreign Currency Exchange Contracts |  | 434687 |  |
|  | $9998 | $537296 |  |

---

**DERIVATIVE INSTRUMENTS**

As of period end, the value of derivative instruments located on the Statement of Assets and Liabilities were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** |
| | **Credit** | **Foreign Currency** | **Interest Rate** | **Other Contracts** | **Total** |
| **Asset Derivatives:** | | | | | |
| &nbsp;&nbsp;Receivable for variation margin on futures contracts\* |  |  | $237117 |  | $237117 |
| &nbsp;&nbsp;Unrealized appreciation on forward foreign currency exchange contracts |  | $9362 |  |  | 9362 |
|  |  |  |  |  | $246479 |
| **Liability Derivatives:** |  |  |  |  |  |
| &nbsp;&nbsp;Payable for variation margin on futures contracts\* |  |  | $199208 |  | $199208 |
| &nbsp;&nbsp;Payable for variation margin on swap agreements\* | $3589 |  |  | $11640 | 15229 |
| &nbsp;&nbsp;Unrealized depreciation on forward foreign currency exchange contracts |  | $434687 |  |  | 434687 |
|  |  |  |  |  | $649124 |

---

\*Included in the unrealized appreciation (depreciation) on futures contracts or centrally cleared swap agreements, as applicable, as reported in the Schedule of Investments.

------

Schedule of Investments - Strategic Allocation: Moderate Fund

The following is a summary of the effect of derivative instruments on the Statement of Operations for the period ended January 31, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** |
| | **Credit** | **Foreign Currency** | **Interest Rate** | **Other Contracts** | **Total** |
| **Net realized gain (loss) on:** | | | | | |
| &nbsp;&nbsp;Forward foreign currency exchange transactions |  | $165434 |  |  | $165434 |
| &nbsp;&nbsp;Futures contract transactions |  |  | $135775 |  | 135775 |
| &nbsp;&nbsp;Swap agreement transactions | $3599 |  |  |  | 3599 |
|  |  |  |  |  | $304808 |
| **Change in net unrealized appreciation (depreciation) on:** |  |  |  |  |  |
| &nbsp;&nbsp;Forward foreign currency exchange contracts |  | $(856115) |  |  | $(856115) |
| &nbsp;&nbsp;Futures contracts |  |  | $(75431) |  | (75431) |
| &nbsp;&nbsp;Swap agreements | $300101 |  |  | $17394 | 317495 |
|  |  |  |  |  | $(614051) |

---

See Notes to Financial Statements.

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

**JANUARY 31, 2026 (UNAUDITED)**

---

| | | |
|:---|:---|:---|
|<br>**AFFILIATED FUNDS**<sup>(1)</sup> **— 58.2%** | **Shares/Principal Amount** | **Value** |
| American Century Diversified Corporate Bond ETF | 314591 | $14928916 |
| American Century Focused Dynamic Growth ETF<sup>(2)</sup> | 337832 | 42789801 |
| American Century Focused Large Cap Value ETF | 567891 | 44954252 |
| American Century Multisector Income ETF | 556847 | 24685028 |
| American Century Quality Diversified International ETF | 531245 | 35869662 |
| American Century Short Duration Strategic Income ETF | 243416 | 12618686 |
| American Century U.S. Quality Growth ETF<sup>(3)</sup> | 422676 | 47601771 |
| American Century U.S. Quality Value ETF<sup>(3)</sup> | 730921 | 50133871 |
| Avantis Emerging Markets Equity ETF<sup>(3)</sup> | 513815 | 42728855 |
| Avantis International Equity ETF<sup>(3)</sup> | 392014 | 34062097 |
| Avantis International Small Cap Value ETF | 135932 | 13745444 |
| Avantis U.S. Equity ETF | 464375 | 53714256 |
| Avantis U.S. Small Cap Value ETF | 78457 | 8572996 |
| **TOTAL AFFILIATED FUNDS** <br>(Cost $267,638,004) |  | **426405635** |
| **COMMON STOCKS — 30.2%** |  |  |
| **Aerospace and Defense — 0.9%** |  |  |
| AAR Corp.<sup>(2)</sup> | 990 | 104851 |
| Airbus SE | 2449 | 560698 |
| Astronics Corp.<sup>(2)</sup> | 1250 | 94688 |
| ATI, Inc.<sup>(2)</sup> | 886 | 106586 |
| Axon Enterprise, Inc.<sup>(2)</sup> | 1001 | 484064 |
| Babcock International Group PLC | 9499 | 187286 |
| Carpenter Technology Corp. | 293 | 93124 |
| CSG NV<sup>(2)</sup> | 4759 | 172363 |
| Curtiss-Wright Corp. | 866 | 568694 |
| Exosens SAS | 2513 | 160984 |
| HEICO Corp. | 1473 | 487430 |
| Hexcel Corp. | 3857 | 319398 |
| Howmet Aerospace, Inc. | 6406 | 1332960 |
| Karman Holdings, Inc.<sup>(2)</sup> | 803 | 83351 |
| L3Harris Technologies, Inc. | 2009 | 688786 |
| Rheinmetall AG | 178 | 377155 |
| Rocket Lab Corp.<sup>(2)</sup> | 5776 | 462484 |
|  |  | 6284902 |
| **Air Freight and Logistics — 0.1%** |  |  |
| Deutsche Post AG | 7343 | 410683 |
| FedEx Corp. | 610 | 196572 |
|  |  | 607255 |
| **Automobile Components — 0.2%** |  |  |
| BorgWarner, Inc. | 4321 | 204859 |
| Cie Generale des Etablissements Michelin SCA | 15247 | 566207 |
| Continental AG | 5356 | 421460 |
| Gentex Corp. | 10044 | 231112 |
| JTEKT Corp. | 14200 | 167671 |
| Linamar Corp. | 3356 | 212749 |
|  |  | 1804058 |
| **Automobiles — 0.3%** |  |  |
| Bayerische Motoren Werke AG | 3866 | 398122 |
| Ferrari NV | 1468 | 489645 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Kia Corp. | 878 | $93422 |
| Mercedes-Benz Group AG | 5830 | 398447 |
| Suzuki Motor Corp. | 20900 | 284973 |
| Tesla, Inc.<sup>(2)</sup> | 1774 | 763547 |
|  |  | 2428156 |
| **Banks — 1.9%** |  |  |
| AIB Group PLC | 30741 | 343627 |
| AL Sydbank | 1260 | 114111 |
| Banco do Brasil SA | 24300 | 116034 |
| Banco Santander SA | 25437 | 324781 |
| Bancorp, Inc.<sup>(2)</sup> | 1227 | 72933 |
| Bank of America Corp. | 12753 | 678460 |
| Bankinter SA | 5603 | 95643 |
| Barclays PLC | 93795 | 625994 |
| BAWAG Group AG<sup>(2)</sup> | 1253 | 203833 |
| BNP Paribas SA | 6053 | 654525 |
| BPER Banca SpA | 14815 | 208646 |
| Coastal Financial Corp.<sup>(2)</sup> | 496 | 47507 |
| Commerce Bancshares, Inc. | 14430 | 759595 |
| Erste Group Bank AG | 4018 | 522376 |
| First Hawaiian, Inc. | 12381 | 328716 |
| Hana Financial Group, Inc. | 2792 | 193994 |
| HDFC Bank Ltd. | 26433 | 267271 |
| Itau Unibanco Holding SA, Preference Shares | 31300 | 269004 |
| JPMorgan Chase & Co. | 2360 | 721900 |
| Lloyds Banking Group PLC | 384704 | 574442 |
| Mebuki Financial Group, Inc.<sup>(3)</sup> | 30400 | 229343 |
| NOBA Bank Group AB<sup>(2)</sup> | 10170 | 132039 |
| NU Holdings Ltd., Class A<sup>(2)</sup> | 42086 | 747026 |
| Prosperity Bancshares, Inc. | 8669 | 598248 |
| Rakuten Bank Ltd.<sup>(2)</sup> | 11400 | 545583 |
| Regions Financial Corp. | 21418 | 610413 |
| Societe Generale SA | 17121 | 1500304 |
| Suruga Bank Ltd. | 20400 | 256223 |
| Triumph Financial, Inc.<sup>(2)</sup> | 550 | 34699 |
| Truist Financial Corp. | 10590 | 544538 |
| U.S. Bancorp | 10607 | 595159 |
| United Overseas Bank Ltd. | 14600 | 440031 |
| Westamerica Bancorporation | 4265 | 215724 |
| Woori Financial Group, Inc. | 5527 | 115619 |
|  |  | 13688341 |
| **Beverages — 0.2%** |  |  |
| Anheuser-Busch InBev SA | 1595 | 114813 |
| Celsius Holdings, Inc.<sup>(2)</sup> | 897 | 47074 |
| Heineken NV<sup>(3)</sup> | 8801 | 726519 |
| Lifedrink Co., Inc. | 5800 | 60820 |
| PepsiCo, Inc. | 2336 | 358880 |
| Pernod Ricard SA | 4093 | 365982 |
|  |  | 1674088 |
| **Biotechnology — 0.5%** |  |  |
| AbbVie, Inc. | 2025 | 451595 |
| ADMA Biologics, Inc.<sup>(2)</sup> | 5228 | 90444 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Alkermes PLC<sup>(2)</sup> | 1408 | $47717 |
| Alnylam Pharmaceuticals, Inc.<sup>(2)</sup> | 1151 | 389107 |
| Arcellx, Inc.<sup>(2)</sup> | 490 | 33472 |
| Arcutis Biotherapeutics, Inc.<sup>(2)</sup> | 1904 | 48304 |
| Argenx SE, ADR<sup>(2)</sup> | 131 | 110105 |
| Bridgebio Pharma, Inc.<sup>(2)</sup> | 1379 | 106555 |
| Celldex Therapeutics, Inc.<sup>(2)</sup> | 1010 | 24846 |
| Centessa Pharmaceuticals PLC, ADR<sup>(2)</sup> | 1545 | 37961 |
| Cogent Biosciences, Inc.<sup>(2)</sup> | 1161 | 41692 |
| Cytokinetics, Inc.<sup>(2)</sup> | 587 | 37093 |
| Evommune, Inc.<sup>(2)(3)</sup> | 755 | 13665 |
| Gilead Sciences, Inc. | 3010 | 427269 |
| Grifols SA, Preference Shares | 14800 | 137178 |
| Insmed, Inc.<sup>(2)</sup> | 2396 | 375861 |
| Ionis Pharmaceuticals, Inc.<sup>(2)</sup> | 531 | 43898 |
| Madrigal Pharmaceuticals, Inc.<sup>(2)</sup> | 220 | 107648 |
| Mineralys Therapeutics, Inc.<sup>(2)</sup> | 1216 | 37562 |
| Natera, Inc.<sup>(2)</sup> | 2322 | 536707 |
| Newamsterdam Pharma Co. NV<sup>(2)</sup> | 555 | 17272 |
| Nuvalent, Inc., Class A<sup>(2)</sup> | 480 | 49387 |
| Praxis Precision Medicines, Inc.<sup>(2)</sup> | 141 | 44274 |
| Protagonist Therapeutics, Inc.<sup>(2)</sup> | 687 | 56197 |
| Revolution Medicines, Inc.<sup>(2)</sup> | 564 | 54680 |
| Scholar Rock Holding Corp.<sup>(2)</sup> | 934 | 41414 |
| Twist Bioscience Corp.<sup>(2)</sup> | 704 | 28913 |
| UroGen Pharma Ltd.<sup>(2)</sup> | 1647 | 32298 |
| Vaxcyte, Inc.<sup>(2)</sup> | 461 | 24696 |
| Vera Therapeutics, Inc.<sup>(2)</sup> | 954 | 41270 |
| Vertex Pharmaceuticals, Inc.<sup>(2)</sup> | 566 | 265963 |
| Viking Therapeutics, Inc.<sup>(2)(3)</sup> | 7013 | 203658 |
| Xenon Pharmaceuticals, Inc.<sup>(2)</sup> | 896 | 36745 |
|  |  | 3995446 |
| **Broadline Retail — 0.5%** |  |  |
| Alibaba Group Holding Ltd. | 5600 | 119132 |
| Alibaba Group Holding Ltd., ADR | 4677 | 793032 |
| Amazon.com, Inc.<sup>(2)</sup> | 7443 | 1781110 |
| Coupang, Inc.<sup>(2)</sup> | 13157 | 265245 |
| Ollie's Bargain Outlet Holdings, Inc.<sup>(2)</sup> | 289 | 31880 |
| Ryohin Keikaku Co. Ltd. | 17600 | 351028 |
|  |  | 3341427 |
| **Building Products — 0.3%** |  |  |
| A.O. Smith Corp. | 4050 | 297634 |
| Fortune Brands Innovations, Inc. | 935 | 50584 |
| Hayward Holdings, Inc.<sup>(2)</sup> | 7749 | 125069 |
| Johnson Controls International PLC | 6654 | 793556 |
| Masco Corp. | 3690 | 243872 |
| Munters Group AB | 5333 | 105293 |
| Trane Technologies PLC | 899 | 378101 |
| Trex Co., Inc.<sup>(2)</sup> | 1666 | 69006 |
| Volution Group PLC | 8484 | 74253 |
|  |  | 2137368 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Capital Markets — 1.0%** | | |
| Ameriprise Financial, Inc. | 575 | $303134 |
| Ares Management Corp., Class A | 3700 | 553779 |
| Bank of New York Mellon Corp. | 1389 | 166569 |
| Blackrock, Inc. | 275 | 307708 |
| Coinbase Global, Inc., Class A<sup>(2)</sup> | 600 | 116844 |
| Etoro Group Ltd., Class A<sup>(2)</sup> | 1049 | 30841 |
| flatexDEGIRO SE | 2588 | 126242 |
| Goldman Sachs Group, Inc. | 441 | 412516 |
| Hamilton Lane, Inc., Class A | 557 | 78671 |
| HUB24 Ltd. | 1080 | 75671 |
| Intercontinental Exchange, Inc. | 1369 | 237905 |
| KKR & Co., Inc. | 1826 | 208639 |
| London Stock Exchange Group PLC | 4414 | 492347 |
| LPL Financial Holdings, Inc. | 1777 | 647716 |
| Miami International Holdings, Inc.<sup>(2)</sup> | 1225 | 51119 |
| Morgan Stanley | 1971 | 360299 |
| MSCI, Inc. | 274 | 166926 |
| Northern Trust Corp. | 4271 | 638215 |
| P10, Inc., Class A<sup>(3)</sup> | 3536 | 38118 |
| Piper Sandler Cos. | 177 | 61304 |
| Raymond James Financial, Inc. | 514 | 85252 |
| S&P Global, Inc. | 940 | 496122 |
| St. James's Place PLC | 8915 | 186193 |
| T. Rowe Price Group, Inc. | 2945 | 311228 |
| TPG, Inc. | 6482 | 381855 |
| XP, Inc., Class A | 28011 | 546495 |
|  |  | 7081708 |
| **Chemicals — 0.4%** |  |  |
| Arkema SA | 5996 | 361091 |
| Axalta Coating Systems Ltd.<sup>(2)</sup> | 6981 | 234422 |
| Chugoku Marine Paints Ltd. | 4100 | 115636 |
| Ecolab, Inc. | 1040 | 293270 |
| Element Solutions, Inc. | 2499 | 72721 |
| Linde PLC | 1002 | 457884 |
| Novonesis Novozymes B, Class B | 6334 | 388107 |
| PPG Industries, Inc. | 2764 | 319601 |
| Resonac Holdings Corp.<sup>(3)</sup> | 3000 | 174225 |
| Tokyo Ohka Kogyo Co. Ltd. | 3900 | 184086 |
|  |  | 2601043 |
| **Commercial Services and Supplies — 0.2%** |  |  |
| ABM Industries, Inc. | 4054 | 186646 |
| Boyd Group, Inc. | 712 | 116694 |
| Daiei Kankyo Co. Ltd. | 3100 | 81764 |
| Mitie Group PLC | 66130 | 151178 |
| OPENLANE, Inc.<sup>(2)</sup> | 3426 | 102917 |
| Park24 Co. Ltd. | 7700 | 107305 |
| Republic Services, Inc. | 1812 | 389743 |
|  |  | 1136247 |
| **Communications Equipment — 0.1%** |  |  |
| Ciena Corp.<sup>(2)</sup> | 1083 | 272710 |
| F5, Inc.<sup>(2)</sup> | 1490 | 410659 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Motorola Solutions, Inc. | 861 | $346587 |
|  |  | 1029956 |
| **Construction and Engineering — 0.3%** |  |  |
| Argan, Inc. | 217 | 75323 |
| Balfour Beatty PLC | 14936 | 146258 |
| Construction Partners, Inc., Class A<sup>(2)</sup> | 1193 | 131087 |
| Eiffage SA | 772 | 114493 |
| EMCOR Group, Inc. | 1081 | 779109 |
| INFRONEER Holdings, Inc. | 9400 | 140789 |
| Kinden Corp. | 1400 | 61950 |
| Kumagai Gumi Co. Ltd.<sup>(3)</sup> | 15400 | 172836 |
| Sterling Infrastructure, Inc.<sup>(2)</sup> | 402 | 143880 |
| Ventia Services Group Pty. Ltd. | 40870 | 163683 |
|  |  | 1929408 |
| **Construction Materials — 0.2%** |  |  |
| Amrize Ltd.<sup>(2)</sup> | 5926 | 311826 |
| CRH PLC | 2136 | 261468 |
| SigmaRoc PLC<sup>(2)</sup> | 36679 | 71990 |
| Titan America SA<sup>(2)</sup> | 3268 | 56732 |
| Vulcan Materials Co. | 2115 | 635642 |
|  |  | 1337658 |
| **Consumer Finance — 0.1%** |  |  |
| American Express Co. | 1293 | 455356 |
| Dave, Inc.<sup>(2)</sup> | 405 | 66294 |
| Enova International, Inc.<sup>(2)</sup> | 199 | 32869 |
| Zip Co. Ltd.<sup>(2)(3)</sup> | 49343 | 91031 |
|  |  | 645550 |
| **Consumer Staples Distribution & Retail — 0.4%** |  |  |
| BGF retail Co. Ltd. | 4650 | 391601 |
| Casey's General Stores, Inc. | 782 | 474283 |
| Costco Wholesale Corp. | 341 | 320625 |
| Koninklijke Ahold Delhaize NV | 13538 | 529338 |
| PriceSmart, Inc. | 390 | 55462 |
| Sprouts Farmers Market, Inc.<sup>(2)</sup> | 1827 | 129553 |
| Sysco Corp. | 9229 | 773852 |
| Target Corp. | 1526 | 160947 |
| Tsuruha Holdings, Inc.<sup>(3)</sup> | 6400 | 101982 |
|  |  | 2937643 |
| **Containers and Packaging — 0.2%** |  |  |
| Ball Corp. | 3787 | 215367 |
| Graphic Packaging Holding Co. | 21548 | 315678 |
| Packaging Corp. of America | 3116 | 693466 |
| Rengo Co. Ltd. | 16200 | 138781 |
| Verallia SA | 12307 | 322171 |
|  |  | 1685463 |
| **Distributors — 0.0%** |  |  |
| Pool Corp. | 1092 | 277466 |
| **Diversified Consumer Services — 0.0%** |  |  |
| Bright Horizons Family Solutions, Inc.<sup>(2)</sup> | 1165 | 107914 |
| Coursera, Inc.<sup>(2)</sup> | 350 | 2121 |
| Duolingo, Inc.<sup>(2)</sup> | 559 | 74939 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| OneSpaWorld Holdings Ltd. | 2009 | $39477 |
|  |  | 224451 |
| **Diversified REITs — 0.4%** |  |  |
| British Land Co. PLC | 62021 | 353763 |
| Broadstone Net Lease, Inc. | 20976 | 388266 |
| CapitaLand Integrated Commercial Trust | 218200 | 409649 |
| Charter Hall Group | 22161 | 352919 |
| Essential Properties Realty Trust, Inc. | 10883 | 330408 |
| Merlin Properties Socimi SA | 17108 | 254622 |
| Stockland | 25995 | 97263 |
| WP Carey, Inc. | 6400 | 446400 |
|  |  | 2633290 |
| **Diversified Telecommunication Services — 0.2%** |  |  |
| Bezeq The Israeli Telecommunication Corp. Ltd. | 63048 | 161919 |
| Globalstar, Inc.<sup>(2)</sup> | 819 | 50467 |
| Orange SA | 6119 | 113752 |
| Telkom Indonesia Persero Tbk. PT | 3042800 | 650429 |
| Verizon Communications, Inc. | 3382 | 150567 |
|  |  | 1127134 |
| **Electric Utilities — 0.5%** |  |  |
| Duke Energy Corp. | 3138 | 380796 |
| Evergy, Inc. | 8670 | 665249 |
| Eversource Energy | 5779 | 399502 |
| Iberdrola SA | 36166 | 813111 |
| NextEra Energy, Inc. | 9240 | 812196 |
| Oklo, Inc.<sup>(2)</sup> | 324 | 25797 |
| PPL Corp. | 6950 | 251938 |
| Xcel Energy, Inc. | 8597 | 653888 |
|  |  | 4002477 |
| **Electrical Equipment — 0.5%** |  |  |
| Accelleron Industries AG | 1084 | 103833 |
| Eaton Corp. PLC | 976 | 342986 |
| GE Vernova, Inc. | 350 | 254230 |
| Hubbell, Inc. | 463 | 225916 |
| Nexans SA | 278 | 43788 |
| Regal Rexnord Corp. | 421 | 67992 |
| Schneider Electric SE | 2301 | 659701 |
| Sensata Technologies Holding PLC | 6894 | 238463 |
| Siemens Energy AG<sup>(2)</sup> | 3930 | 669594 |
| Sinfonia Technology Co. Ltd. | 2200 | 148887 |
| SWCC Corp. | 500 | 37266 |
| Vertiv Holdings Co., Class A | 5590 | 1040746 |
|  |  | 3833402 |
| **Electronic Equipment, Instruments and Components — 0.2%** |  |  |
| Alps Alpine Co. Ltd. | 10200 | 133599 |
| CDW Corp. | 2071 | 261754 |
| Cognex Corp. | 1128 | 43699 |
| Coherent Corp.<sup>(2)</sup> | 1124 | 238490 |
| Fabrinet<sup>(2)</sup> | 195 | 95441 |
| Itron, Inc.<sup>(2)</sup> | 351 | 34777 |
| Koa Corp. | 8500 | 85654 |
| Lagercrantz Group AB, B Shares | 1690 | 37029 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Littelfuse, Inc. | 207 | $67018 |
| Maruwa Co. Ltd. | 400 | 122983 |
| Mirion Technologies, Inc., Class A<sup>(2)</sup> | 2556 | 63491 |
| Novanta, Inc.<sup>(2)</sup> | 728 | 97945 |
| Plexus Corp.<sup>(2)</sup> | 807 | 160859 |
| Ralliant Corp. | 5241 | 277616 |
| TE Connectivity PLC | 546 | 121638 |
|  |  | 1841993 |
| **Energy Equipment and Services — 0.2%** |  |  |
| Baker Hughes Co. | 13984 | 783664 |
| DOF Group ASA | 11752 | 137546 |
| Expro Group Holdings NV<sup>(2)</sup> | 2231 | 35718 |
| SBM Offshore NV | 2357 | 84664 |
| SLB Ltd. | 8064 | 390136 |
| Subsea 7 SA | 3661 | 93583 |
| TechnipFMC PLC | 1139 | 63465 |
| Tecnicas Reunidas SA<sup>(2)</sup> | 3654 | 138357 |
|  |  | 1727133 |
| **Entertainment — 0.2%** |  |  |
| Liberty Media Corp.-Liberty Formula One, Class C<sup>(2)</sup> | 772 | 67179 |
| Netflix, Inc.<sup>(2)</sup> | 3860 | 322271 |
| ROBLOX Corp., Class A<sup>(2)</sup> | 10144 | 667070 |
| Spotify Technology SA<sup>(2)</sup> | 1083 | 541879 |
|  |  | 1598399 |
| **Financial Services — 0.4%** |  |  |
| Adyen NV<sup>(2)</sup> | 351 | 520478 |
| Affirm Holdings, Inc.<sup>(2)</sup> | 5283 | 318565 |
| Banco Latinoamericano de Comercio Exterior SA | 1006 | 48761 |
| Chime Financial, Inc., Class A<sup>(2)(3)</sup> | 2631 | 66880 |
| Corpay, Inc.<sup>(2)</sup> | 1983 | 623911 |
| GMO Payment Gateway, Inc.<sup>(3)</sup> | 1900 | 109736 |
| Mastercard, Inc., Class A | 1479 | 796870 |
| Toast, Inc., Class A<sup>(2)</sup> | 7023 | 218486 |
| Visa, Inc., Class A | 1249 | 401966 |
|  |  | 3105653 |
| **Food Products — 0.1%** |  |  |
| Conagra Brands, Inc. | 15430 | 285609 |
| Cranswick PLC | 981 | 70810 |
| General Mills, Inc. | 2189 | 101263 |
| Greencore Group PLC | 18126 | 71685 |
| Magnum Ice Cream Co. NV<sup>(2)</sup> | 10385 | 184574 |
| Mondelez International, Inc., Class A | 3441 | 201195 |
| Vital Farms, Inc.<sup>(2)</sup> | 1271 | 36160 |
|  |  | 951296 |
| **Gas Utilities — 0.1%** |  |  |
| Nippon Gas Co. Ltd. | 3000 | 56895 |
| ONE Gas, Inc. | 7219 | 574344 |
| Spire, Inc. | 4355 | 367954 |
|  |  | 999193 |
| **Ground Transportation — 0.2%** |  |  |
| CSX Corp. | 17262 | 651813 |
| Norfolk Southern Corp. | 1484 | 432200 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Uber Technologies, Inc.<sup>(2)</sup> | 2590 | $207330 |
| Union Pacific Corp. | 957 | 224991 |
| XPO, Inc.<sup>(2)</sup> | 1459 | 216092 |
|  |  | 1732426 |
| **Health Care Equipment and Supplies — 1.0%** |  |  |
| Alphatec Holdings, Inc.<sup>(2)</sup> | 8167 | 121117 |
| Becton Dickinson & Co. | 3333 | 678199 |
| Dexcom, Inc.<sup>(2)</sup> | 12257 | 895251 |
| Envista Holdings Corp.<sup>(2)</sup> | 14150 | 332101 |
| EssilorLuxottica SA | 1685 | 515098 |
| GE HealthCare Technologies, Inc. | 13122 | 1036244 |
| IDEXX Laboratories, Inc.<sup>(2)</sup> | 862 | 577937 |
| Insulet Corp.<sup>(2)</sup> | 3056 | 781755 |
| Intuitive Surgical, Inc.<sup>(2)</sup> | 438 | 220848 |
| Medtronic PLC | 3451 | 355315 |
| SI-BONE, Inc.<sup>(2)</sup> | 3504 | 58096 |
| Terumo Corp. | 35000 | 457844 |
| UFP Technologies, Inc.<sup>(2)</sup> | 282 | 70821 |
| Zimmer Biomet Holdings, Inc. | 12005 | 1045275 |
|  |  | 7145901 |
| **Health Care Providers and Services — 0.7%** |  |  |
| Cencora, Inc. | 2410 | 865720 |
| Chartwell Retirement Residences | 34609 | 513931 |
| Cigna Group | 1386 | 379916 |
| Encompass Health Corp. | 783 | 74017 |
| Ensign Group, Inc. | 504 | 86517 |
| Galenica AG | 541 | 67624 |
| HealthEquity, Inc.<sup>(2)</sup> | 961 | 82329 |
| Henry Schein, Inc.<sup>(2)</sup> | 10511 | 793370 |
| Labcorp Holdings, Inc. | 2574 | 698892 |
| Omada Health, Inc.<sup>(2)</sup> | 2076 | 31036 |
| PACS Group, Inc.<sup>(2)</sup> | 883 | 29810 |
| Pediatrix Medical Group, Inc.<sup>(2)</sup> | 2030 | 43401 |
| Quest Diagnostics, Inc. | 2222 | 415581 |
| RadNet, Inc.<sup>(2)</sup> | 814 | 57061 |
| Sienna Senior Living, Inc.<sup>(3)</sup> | 4313 | 67182 |
| Talkspace, Inc.<sup>(2)</sup> | 414 | 1673 |
| U.S. Physical Therapy, Inc. | 465 | 39000 |
| UnitedHealth Group, Inc. | 788 | 226101 |
| Universal Health Services, Inc., Class B | 1822 | 366696 |
|  |  | 4839857 |
| **Health Care REITs — 0.7%** |  |  |
| Aedifica SA | 2138 | 188268 |
| American Healthcare REIT, Inc. | 7321 | 343428 |
| CareTrust REIT, Inc. | 11240 | 419702 |
| Healthpeak Properties, Inc. | 23698 | 408553 |
| Omega Healthcare Investors, Inc. | 6917 | 303518 |
| Ventas, Inc. | 13376 | 1038914 |
| Welltower, Inc. | 13272 | 2499914 |
|  |  | 5202297 |
| **Health Care Technology — 0.1%** |  |  |
| Phreesia, Inc.<sup>(2)</sup> | 1456 | 19554 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Veeva Systems, Inc., Class A<sup>(2)</sup> | 2947 | $600952 |
|  |  | 620506 |
| **Hotel & Resort REITs — 0.1%** |  |  |
| Host Hotels & Resorts, Inc. | 35260 | 653368 |
| **Hotels, Restaurants and Leisure — 0.9%** |  |  |
| Airbnb, Inc., Class A<sup>(2)</sup> | 652 | 84349 |
| Booking Holdings, Inc. | 49 | 245090 |
| Chipotle Mexican Grill, Inc.<sup>(2)</sup> | 3208 | 124695 |
| DoorDash, Inc., Class A<sup>(2)</sup> | 946 | 193571 |
| Expedia Group, Inc. | 1174 | 310922 |
| Flutter Entertainment PLC<sup>(2)</sup> | 2724 | 449869 |
| Fujita Kanko, Inc.<sup>(3)</sup> | 2000 | 32236 |
| Hilton Worldwide Holdings, Inc. | 5224 | 1559416 |
| Life Time Group Holdings, Inc.<sup>(2)</sup> | 2853 | 83222 |
| Marriott International, Inc., Class A | 1055 | 332642 |
| Planet Fitness, Inc., Class A<sup>(2)</sup> | 775 | 70556 |
| Royal Caribbean Cruises Ltd. | 4870 | 1581045 |
| Scandic Hotels Group AB | 12101 | 120922 |
| Sodexo SA<sup>(3)</sup> | 4169 | 213001 |
| Viking Holdings Ltd.<sup>(2)</sup> | 7272 | 524675 |
| Whitbread PLC | 10963 | 409231 |
| Wingstop, Inc. | 365 | 96882 |
|  |  | 6432324 |
| **Household Durables — 0.4%** |  |  |
| Barratt Redrow PLC | 70483 | 375303 |
| De' Longhi SpA | 2230 | 98582 |
| Haseko Corp. | 5200 | 106581 |
| Mohawk Industries, Inc.<sup>(2)</sup> | 3306 | 391364 |
| Neinor Homes SA<sup>(2)</sup> | 21610 | 514917 |
| PulteGroup, Inc. | 3219 | 402665 |
| Sony Group Corp. | 19900 | 438753 |
| Sumitomo Forestry Co. Ltd. | 6400 | 69391 |
| Taylor Wimpey PLC | 324890 | 474977 |
| TopBuild Corp.<sup>(2)</sup> | 946 | 442775 |
|  |  | 3315308 |
| **Household Products — 0.4%** |  |  |
| Church & Dwight Co., Inc. | 3278 | 315507 |
| Colgate-Palmolive Co. | 1903 | 171822 |
| Henkel AG & Co. KGaA, Preference Shares | 4642 | 407809 |
| Kimberly-Clark Corp. | 6641 | 664034 |
| Procter & Gamble Co. | 3263 | 495225 |
| Reckitt Benckiser Group PLC | 7730 | 644906 |
|  |  | 2699303 |
| **Independent Power and Renewable Electricity Producers — 0.2%** |  |  |
| Talen Energy Corp.<sup>(2)</sup> | 240 | 83606 |
| TransAlta Corp. | 6209 | 79343 |
| Vistra Corp. | 7377 | 1168148 |
|  |  | 1331097 |
| **Industrial Conglomerates — 0.0%** |  |  |
| Honeywell International, Inc. | 1602 | 364487 |
| **Industrial REITs — 0.6%** |  |  |
| First Industrial Realty Trust, Inc. | 7427 | 430989 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| GLP J-Reit | 203 | $186607 |
| Goodman Group<sup>(3)</sup> | 34911 | 741638 |
| Prologis, Inc. | 19630 | 2562893 |
| Segro PLC | 33279 | 346720 |
| Tritax Big Box REIT PLC | 61011 | 138490 |
|  |  | 4407337 |
| **Insurance — 0.7%** |  |  |
| Aegon Ltd. | 37257 | 292634 |
| AIA Group Ltd. | 44000 | 507649 |
| Allstate Corp. | 1093 | 217496 |
| Beazley PLC | 8024 | 124657 |
| Bowhead Specialty Holdings, Inc.<sup>(2)</sup> | 1718 | 42194 |
| Hanover Insurance Group, Inc. | 951 | 165607 |
| HCI Group, Inc. | 272 | 43158 |
| Intact Financial Corp. | 1576 | 286936 |
| Kinsale Capital Group, Inc. | 124 | 49089 |
| Marsh & McLennan Cos., Inc. | 3791 | 713429 |
| MetLife, Inc. | 4094 | 322935 |
| Phoenix Financial Ltd. | 3579 | 173716 |
| Progressive Corp. | 886 | 184288 |
| Prudential PLC | 35021 | 575229 |
| Reinsurance Group of America, Inc. | 3367 | 682659 |
| Storebrand ASA | 12411 | 217191 |
| Willis Towers Watson PLC | 1560 | 495253 |
|  |  | 5094120 |
| **Interactive Media and Services — 0.8%** |  |  |
| Alphabet, Inc., Class A | 9188 | 3105544 |
| Meta Platforms, Inc., Class A | 1586 | 1136369 |
| Reddit, Inc., Class A<sup>(2)</sup> | 1667 | 300510 |
| Tencent Holdings Ltd. | 13800 | 1060693 |
|  |  | 5603116 |
| **IT Services — 0.7%** |  |  |
| Amdocs Ltd. | 5778 | 473449 |
| Capgemini SE | 1555 | 241613 |
| Cloudflare, Inc., Class A<sup>(2)</sup> | 4766 | 845250 |
| Cognizant Technology Solutions Corp., Class A | 5099 | 418424 |
| Computacenter PLC | 3781 | 173048 |
| Fujitsu Ltd. | 15000 | 416787 |
| GDS Holdings Ltd., ADR<sup>(2)(3)</sup> | 3313 | 148058 |
| International Business Machines Corp. | 2380 | 729946 |
| MongoDB, Inc.<sup>(2)</sup> | 358 | 132936 |
| NEC Corp. | 23300 | 789862 |
| NEXTDC Ltd.<sup>(2)(3)</sup> | 12267 | 113341 |
| Okta, Inc.<sup>(2)</sup> | 2245 | 189658 |
| Snowflake, Inc., Class A<sup>(2)</sup> | 865 | 166685 |
| Twilio, Inc., Class A<sup>(2)</sup> | 1484 | 178763 |
|  |  | 5017820 |
| **Leisure Products — 0.0%** |  |  |
| BRP, Inc. | 1607 | 121288 |
| Brunswick Corp. | 500 | 40110 |
| Callaway Golf Co.<sup>(2)</sup> | 2836 | 40697 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Technogym SpA | 5565 | $116213 |
|  |  | 318308 |
| **Life Sciences Tools and Services — 0.6%** |  |  |
| Agilent Technologies, Inc. | 1247 | 166911 |
| Bio-Techne Corp. | 4442 | 284688 |
| Chemometec AS | 602 | 58182 |
| Danaher Corp. | 2087 | 456823 |
| ICON PLC<sup>(2)</sup> | 5459 | 983985 |
| IQVIA Holdings, Inc.<sup>(2)</sup> | 1995 | 459149 |
| Lonza Group AG | 971 | 659746 |
| Siegfried Holding AG<sup>(2)</sup> | 963 | 118412 |
| Thermo Fisher Scientific, Inc. | 606 | 350638 |
| West Pharmaceutical Services, Inc. | 2343 | 541514 |
|  |  | 4080048 |
| **Machinery — 1.1%** |  |  |
| Alstom SA<sup>(2)</sup> | 23935 | 764206 |
| Atlas Copco AB, A Shares | 27628 | 569750 |
| CECO Environmental Corp.<sup>(2)</sup> | 1944 | 131084 |
| CNH Industrial NV | 9948 | 107040 |
| Construcciones y Auxiliar de Ferrocarriles SA | 1578 | 105194 |
| Crane Co. | 1749 | 319437 |
| Cummins, Inc. | 1746 | 1010620 |
| Daimler Truck Holding AG | 5986 | 289836 |
| Deere & Co. | 452 | 238656 |
| Deutz AG | 8020 | 102702 |
| Dover Corp. | 608 | 122506 |
| FANUC Corp. | 16000 | 642473 |
| Flowserve Corp. | 667 | 52126 |
| Fluidra SA | 1153 | 33539 |
| Fortive Corp. | 4694 | 247890 |
| IDEX Corp. | 1083 | 215030 |
| IMI PLC | 2929 | 110606 |
| Kardex Holding AG | 249 | 87533 |
| Konecranes OYJ | 1014 | 119411 |
| Kurita Water Industries Ltd. | 2900 | 145057 |
| Nabtesco Corp. | 6600 | 178844 |
| Organo Corp.<sup>(3)</sup> | 1400 | 147828 |
| Oshkosh Corp. | 1994 | 286777 |
| PACCAR, Inc. | 2050 | 251966 |
| Parker-Hannifin Corp. | 300 | 280752 |
| RBC Bearings, Inc.<sup>(2)</sup> | 264 | 131913 |
| Timken Co. | 3931 | 366330 |
| Toro Co. | 3338 | 305427 |
| Weir Group PLC | 3409 | 150571 |
| Xylem, Inc. | 2660 | 366734 |
| Yaskawa Electric Corp.<sup>(3)</sup> | 6200 | 197899 |
|  |  | 8079737 |
| **Media — 0.1%** |  |  |
| Magnite, Inc.<sup>(2)</sup> | 4970 | 71916 |
| New York Times Co., Class A | 847 | 62094 |
| Omnicom Group, Inc. | 4035 | 310856 |
| Publicis Groupe SA | 4290 | 428778 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Trade Desk, Inc., Class A<sup>(2)</sup> | 4509 | $136758 |
|  |  | 1010402 |
| **Metals and Mining — 0.2%** |  |  |
| Capstone Copper Corp.<sup>(2)</sup> | 13136 | 145575 |
| Genesis Minerals Ltd.<sup>(2)</sup> | 32305 | 159522 |
| GMK Norilskiy Nickel PAO<sup>(2)(4)</sup> | 244600 | 3 |
| Lynas Rare Earths Ltd.<sup>(2)(3)</sup> | 9459 | 95215 |
| MP Materials Corp.<sup>(2)(3)</sup> | 1926 | 113191 |
| PLS Group Ltd.<sup>(2)(3)</sup> | 33685 | 98838 |
| Reliance, Inc. | 1171 | 385845 |
| Sandfire Resources Ltd.<sup>(2)</sup> | 9740 | 132162 |
| SSR Mining, Inc.<sup>(2)</sup> | 2296 | 52418 |
| Taseko Mines Ltd.<sup>(2)</sup> | 9416 | 71750 |
| Torex Gold Resources, Inc. | 3926 | 188969 |
| Vale SA | 15500 | 247753 |
|  |  | 1691241 |
| **Multi-Utilities — 0.1%** |  |  |
| Northwestern Energy Group, Inc. | 7341 | 498160 |
| **Office REITs — 0.1%** |  |  |
| COPT Defense Properties | 4227 | 130234 |
| Mindspace Business Parks REIT | 25610 | 138841 |
| SL Green Realty Corp. | 3566 | 159685 |
|  |  | 428760 |
| **Oil, Gas and Consumable Fuels — 1.0%** |  |  |
| Cameco Corp. | 1217 | 150166 |
| Centrus Energy Corp., Class A<sup>(2)(3)</sup> | 159 | 44247 |
| Cheniere Energy, Inc. | 1501 | 317491 |
| ConocoPhillips | 3420 | 356467 |
| Coterra Energy, Inc. | 14144 | 408054 |
| Diamondback Energy, Inc. | 2770 | 454141 |
| Eni SpA | 7640 | 156155 |
| Enterprise Products Partners LP | 19048 | 632203 |
| Expand Energy Corp. | 2853 | 320706 |
| Friedrich Vorwerk Group SE | 1222 | 131274 |
| Gaztransport Et Technigaz SA | 662 | 142627 |
| NAC Kazatomprom JSC, GDR | 6052 | 494524 |
| ONEOK, Inc. | 3359 | 265999 |
| PBF Energy, Inc., Class A | 2180 | 72943 |
| Permian Resources Corp. | 16734 | 269919 |
| Repsol SA | 25006 | 492645 |
| Shell PLC | 19574 | 752415 |
| Targa Resources Corp. | 3329 | 669062 |
| TC Energy Corp. | 7677 | 450139 |
| Williams Cos., Inc. | 6191 | 416407 |
|  |  | 6997584 |
| **Paper and Forest Products — 0.1%** |  |  |
| Mondi PLC | 33536 | 391909 |
| **Passenger Airlines — 0.1%** |  |  |
| Alaska Air Group, Inc.<sup>(2)</sup> | 967 | 49153 |
| Southwest Airlines Co. | 7356 | 349557 |
|  |  | 398710 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Personal Care Products — 0.2%** | | |
| Estee Lauder Cos., Inc., Class A | 1601 | $184563 |
| Kenvue, Inc. | 37788 | 657511 |
| L'Oreal SA | 1009 | 463574 |
|  |  | 1305648 |
| **Pharmaceuticals — 0.8%** |  |  |
| ALK-Abello AS<sup>(2)</sup> | 4678 | 154579 |
| AstraZeneca PLC | 4641 | 864684 |
| AstraZeneca PLC, ADR | 4504 | 417836 |
| Bristol-Myers Squibb Co. | 2461 | 135478 |
| Crinetics Pharmaceuticals, Inc.<sup>(2)</sup> | 1218 | 60827 |
| Edgewise Therapeutics, Inc.<sup>(2)</sup> | 1430 | 40254 |
| Eli Lilly & Co. | 687 | 712522 |
| Financiere de Tubize SA<sup>(3)</sup> | 490 | 124993 |
| Galderma Group AG | 3164 | 589766 |
| GSK PLC | 35758 | 924761 |
| Hikma Pharmaceuticals PLC | 14339 | 300780 |
| Merck & Co., Inc. | 2206 | 243256 |
| Roche Holding AG | 861 | 391531 |
| Sanofi SA | 1987 | 187421 |
| Structure Therapeutics, Inc., ADR<sup>(2)</sup> | 2712 | 239876 |
| Zoetis, Inc. | 2050 | 255881 |
|  |  | 5644445 |
| **Professional Services — 0.4%** |  |  |
| Adecco Group AG | 17218 | 505975 |
| ALS Ltd. | 11184 | 190704 |
| Automatic Data Processing, Inc. | 1128 | 278413 |
| CACI International, Inc., Class A<sup>(2)</sup> | 524 | 325184 |
| First Advantage Corp.<sup>(2)</sup> | 2697 | 36409 |
| Randstad NV | 12926 | 462577 |
| RELX PLC | 10381 | 368027 |
| Teleperformance SE | 7884 | 509270 |
| Verra Mobility Corp.<sup>(2)</sup> | 2298 | 44351 |
|  |  | 2720910 |
| **Real Estate Management and Development — 0.4%** |  |  |
| CBRE Group, Inc., Class A<sup>(2)</sup> | 2429 | 413732 |
| City Developments Ltd. | 28800 | 209853 |
| Colliers International Group, Inc. | 458 | 62609 |
| CTP NV | 6347 | 138369 |
| FirstService Corp. (Toronto) | 270 | 41831 |
| Hang Lung Properties Ltd. | 159000 | 191861 |
| Hongkong Land Holdings Ltd. | 29200 | 247758 |
| Katitas Co. Ltd. | 10000 | 197586 |
| Mitsui Fudosan Co. Ltd. | 11500 | 131869 |
| Sumitomo Realty & Development Co. Ltd.<sup>(3)</sup> | 23400 | 651619 |
| Sun Hung Kai Properties Ltd. | 4500 | 72265 |
| Tokyo Tatemono Co. Ltd. | 18600 | 437699 |
| UOL Group Ltd. | 27100 | 231450 |
|  |  | 3028501 |
| **Residential REITs — 0.3%** |  |  |
| American Homes 4 Rent, Class A | 7426 | 232582 |
| AvalonBay Communities, Inc. | 700 | 124369 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Camden Property Trust | 4458 | $486145 |
| Equity Residential | 9363 | 583502 |
| Essex Property Trust, Inc. | 521 | 131224 |
| GO Residential Real Estate Investment Trust | 10450 | 112129 |
| Sun Communities, Inc. | 1400 | 178402 |
| UDR, Inc. | 11492 | 426928 |
| UNITE Group PLC<sup>(3)</sup> | 31757 | 246986 |
|  |  | 2522267 |
| **Retail REITs — 0.6%** |  |  |
| Agree Realty Corp. | 2120 | 153128 |
| Brixmor Property Group, Inc. | 21762 | 583004 |
| Japan Metropolitan Fund Invest | 391 | 307749 |
| Macerich Co. | 5297 | 100272 |
| NETSTREIT Corp. | 14707 | 277080 |
| Phillips Edison & Co., Inc. | 9114 | 330200 |
| Realty Income Corp. | 10750 | 657470 |
| Regency Centers Corp. | 2065 | 150477 |
| Scentre Group | 180162 | 510573 |
| Simon Property Group, Inc. | 5297 | 1013369 |
| Tanger, Inc. | 8039 | 263036 |
| Unibail-Rodamco-Westfield | 2698 | 298304 |
|  |  | 4644662 |
| **Semiconductors and Semiconductor Equipment — 2.0%** |  |  |
| Analog Devices, Inc. | 1955 | 607770 |
| Applied Materials, Inc. | 1278 | 411925 |
| ASML Holding NV | 686 | 983659 |
| Astera Labs, Inc.<sup>(2)</sup> | 1408 | 212073 |
| Broadcom, Inc. | 4551 | 1507746 |
| Credo Technology Group Holding Ltd.<sup>(2)</sup> | 1031 | 129164 |
| Impinj, Inc.<sup>(2)</sup> | 456 | 62974 |
| Infineon Technologies AG | 15424 | 753963 |
| Kokusai Electric Corp. | 3200 | 132852 |
| Lam Research Corp. | 1287 | 300463 |
| Lattice Semiconductor Corp.<sup>(2)</sup> | 5907 | 475632 |
| MACOM Technology Solutions Holdings, Inc.<sup>(2)</sup> | 386 | 84557 |
| Micron Technology, Inc. | 285 | 118241 |
| MKS, Inc. | 390 | 91810 |
| Monolithic Power Systems, Inc. | 888 | 998245 |
| Nova Ltd.<sup>(2)</sup> | 199 | 91110 |
| NVIDIA Corp. | 21285 | 4068202 |
| NXP Semiconductors NV | 855 | 193350 |
| ON Semiconductor Corp.<sup>(2)</sup> | 3727 | 223210 |
| Onto Innovation, Inc.<sup>(2)</sup> | 215 | 43441 |
| Silicon Laboratories, Inc.<sup>(2)</sup> | 708 | 100855 |
| SiTime Corp.<sup>(2)</sup> | 302 | 109659 |
| SUMCO Corp. | 27800 | 290232 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 34000 | 1880061 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 781 | 258167 |
| Teradyne, Inc. | 1533 | 369530 |
| Tower Semiconductor Ltd.<sup>(2)</sup> | 981 | 132170 |
| Veeco Instruments, Inc.<sup>(2)</sup> | 814 | 25421 |
|  |  | 14656482 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Software — 1.2%** | | |
| ACI Worldwide, Inc.<sup>(2)</sup> | 478 | $20726 |
| Agilysys, Inc.<sup>(2)</sup> | 1010 | 87617 |
| AppLovin Corp., Class A<sup>(2)</sup> | 371 | 175524 |
| BlackLine, Inc.<sup>(2)</sup> | 1185 | 55067 |
| Cadence Design Systems, Inc.<sup>(2)</sup> | 2841 | 841959 |
| Cellebrite DI Ltd.<sup>(2)</sup> | 2158 | 31744 |
| Core Scientific, Inc.<sup>(2)(3)</sup> | 3344 | 60159 |
| Crowdstrike Holdings, Inc., Class A<sup>(2)</sup> | 410 | 180976 |
| Datadog, Inc., Class A<sup>(2)</sup> | 4855 | 627849 |
| Descartes Systems Group, Inc.<sup>(2)</sup> | 405 | 30278 |
| Dynatrace, Inc.<sup>(2)</sup> | 4656 | 177347 |
| Elastic NV<sup>(2)</sup> | 461 | 30394 |
| Fair Isaac Corp.<sup>(2)</sup> | 554 | 810596 |
| HubSpot, Inc.<sup>(2)</sup> | 767 | 214760 |
| Klaviyo, Inc., Class A<sup>(2)</sup> | 2571 | 57102 |
| Microsoft Corp. | 7457 | 3208673 |
| Netskope, Inc., Class A<sup>(2)</sup> | 390 | 5792 |
| Onestream, Inc.<sup>(2)</sup> | 1668 | 39381 |
| Pegasystems, Inc. | 692 | 30233 |
| Q2 Holdings, Inc.<sup>(2)</sup> | 1242 | 76072 |
| Riot Platforms, Inc.<sup>(2)(3)</sup> | 2625 | 40609 |
| Salesforce, Inc. | 811 | 172167 |
| Samsara, Inc., Class A<sup>(2)</sup> | 9028 | 253235 |
| SAP SE | 2202 | 439890 |
| ServiceNow, Inc.<sup>(2)</sup> | 2030 | 237530 |
| Unity Software, Inc.<sup>(2)</sup> | 2687 | 78192 |
| Workday, Inc., Class A<sup>(2)</sup> | 1156 | 203028 |
| Zscaler, Inc.<sup>(2)</sup> | 1682 | 336417 |
|  |  | 8523317 |
| **Specialized REITs — 0.7%** |  |  |
| American Tower Corp. | 2481 | 444794 |
| Big Yellow Group PLC | 12336 | 174626 |
| CubeSmart | 4109 | 154211 |
| Digital Realty Trust, Inc. | 4311 | 715410 |
| Equinix, Inc. | 1699 | 1394760 |
| Extra Space Storage, Inc. | 4853 | 669568 |
| Iron Mountain, Inc. | 5616 | 517402 |
| Millrose Properties, Inc. | 10553 | 314479 |
| National Storage Affiliates Trust | 5608 | 178391 |
| Public Storage | 1505 | 415666 |
| VICI Properties, Inc. | 7544 | 211836 |
| Weyerhaeuser Co. | 5003 | 128977 |
|  |  | 5320120 |
| **Specialty Retail — 0.7%** |  |  |
| Aritzia, Inc.<sup>(2)</sup> | 6306 | 497061 |
| Auto1 Group SE<sup>(2)</sup> | 4411 | 145090 |
| Boot Barn Holdings, Inc.<sup>(2)</sup> | 523 | 93345 |
| Burlington Stores, Inc.<sup>(2)</sup> | 2067 | 611543 |
| Carvana Co.<sup>(2)</sup> | 2323 | 931778 |
| Clas Ohlson AB, B Shares | 2189 | 74953 |
| Five Below, Inc.<sup>(2)</sup> | 467 | 89496 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| Home Depot, Inc. | 1745 | $653660 |
| Istyle, Inc.<sup>(3)</sup> | 3900 | 11441 |
| National Vision Holdings, Inc.<sup>(2)</sup> | 2904 | 76520 |
| Nextage Co. Ltd. | 9900 | 209733 |
| O'Reilly Automotive, Inc.<sup>(2)</sup> | 2836 | 279091 |
| RealReal, Inc.<sup>(2)</sup> | 3119 | 45756 |
| TJX Cos., Inc. | 3451 | 516994 |
| Tractor Supply Co. | 18576 | 945147 |
| Wayfair, Inc., Class A<sup>(2)</sup> | 846 | 87553 |
|  |  | 5269161 |
| **Technology Hardware, Storage and Peripherals — 0.6%** |  |  |
| Apple, Inc. | 8697 | 2256698 |
| HP, Inc. | 18711 | 363742 |
| Pure Storage, Inc., Class A<sup>(2)</sup> | 2533 | 176145 |
| Samsung Electronics Co. Ltd. | 14041 | 1551175 |
|  |  | 4347760 |
| **Textiles, Apparel and Luxury Goods — 0.2%** |  |  |
| Asics Corp. | 4600 | 110734 |
| Burberry Group PLC<sup>(2)</sup> | 5764 | 87088 |
| LVMH Moet Hennessy Louis Vuitton SE | 314 | 202657 |
| On Holding AG, Class A<sup>(2)</sup> | 20595 | 931924 |
| Tapestry, Inc. | 1344 | 170567 |
|  |  | 1502970 |
| **Tobacco — 0.0%** |  |  |
| British American Tobacco PLC | 5812 | 351124 |
| **Trading Companies and Distributors — 0.6%** |  |  |
| Applied Industrial Technologies, Inc. | 219 | 57030 |
| Ashtead Group PLC | 3182 | 204856 |
| Bunzl PLC | 26631 | 746815 |
| Diploma PLC | 904 | 65858 |
| Fastenal Co. | 14896 | 645890 |
| Ferguson Enterprises, Inc. | 880 | 222165 |
| Herc Holdings, Inc. | 705 | 101055 |
| MSC Industrial Direct Co., Inc., Class A | 6497 | 547957 |
| SiteOne Landscape Supply, Inc.<sup>(2)</sup> | 485 | 69617 |
| Sojitz Corp. | 5100 | 185973 |
| Sumitomo Corp. | 13800 | 560405 |
| United Rentals, Inc. | 314 | 245567 |
| WESCO International, Inc. | 1952 | 564967 |
|  |  | 4218155 |
| **Transportation Infrastructure — 0.0%** |  |  |
| Flughafen Zurich AG | 210 | 65222 |
| **Wireless Telecommunication Services — 0.0%** |  |  |
| Indosat Tbk. PT | 1176500 | 156463 |
| Millicom International Cellular SA | 1904 | 116201 |
|  |  | 272664 |
| **TOTAL COMMON STOCKS** <br>(Cost $162,323,943) |  | **221415138** |
| **CORPORATE BONDS — 2.4%** |  |  |
| **Aerospace and Defense — 0.2%** |  |  |
| Boeing Co., 2.20%, 2/4/26 | $270000 | 269954 |
| Boeing Co., 5.71%, 5/1/40 | 190000 | 194329 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal Amount** | **Value** |
| RTX Corp., 4.125%, 11/16/28 |  | $265000 | $266299 |
| Spirit AeroSystems, Inc., 4.60%, 6/15/28 |  | 316000 | 318244 |
| TransDigm, Inc., 4.625%, 1/15/29 |  | 190000 | 188951 |
|  |  |  | 1237777 |
| **Automobiles — 0.1%** |  |  |  |
| Ford Motor Credit Co. LLC, 3.625%, 6/17/31 |  | 370000 | 342081 |
| Hyundai Capital America, 5.95%, 9/21/26<sup>(5)</sup> |  | 130000 | 131617 |
|  |  |  | 473698 |
| **Banks — 0.3%** |  |  |  |
| Bank of America Corp., VRN, 5.93%, 9/15/27 |  | 130000 | 131550 |
| Bank of Montreal, VRN, 3.80%, 12/15/32 |  | 200000 | 198066 |
| Commerzbank AG, 4.00%, 3/23/26 | EUR | 150000 | 178139 |
| Dresdner Funding Trust I, 8.15%, 6/30/31<sup>(5)</sup> |  | $251000 | 276882 |
| Huntington Bancshares, Inc., VRN, 4.62%, 1/28/32 |  | 275000 | 275516 |
| JPMorgan Chase & Co., VRN, 4.35%, 1/22/32 |  | 100000 | 99759 |
| PNC Financial Services Group, Inc., VRN, 5.10%, 7/23/27 |  | 130000 | 130704 |
| PNC Financial Services Group, Inc., VRN, 5.42%, 1/25/41 |  | 37000 | 36980 |
| Wells Fargo & Co., VRN, 6.30%, 10/23/29 |  | 125000 | 132030 |
| Wells Fargo & Co., VRN, 5.43%, 1/23/47 |  | 85000 | 83359 |
| Western Alliance Bank, VRN, 6.54%, 11/15/35 |  | 313000 | 317178 |
|  |  |  | 1860163 |
| **Beverages — 0.0%** |  |  |  |
| PepsiCo, Inc., 4.40%, 2/7/27 |  | 200000 | 201475 |
| **Capital Markets — 0.1%** |  |  |  |
| Blue Owl Technology Finance Corp., 6.10%, 3/15/28 |  | 140000 | 142062 |
| Blue Owl Technology Finance Corp., 6.75%, 4/4/29 |  | 140000 | 143712 |
| Coinbase Global, Inc., 3.375%, 10/1/28<sup>(5)</sup> |  | 39000 | 37258 |
| Goldman Sachs BDC, Inc., 5.10%, 1/28/29 |  | 127000 | 126193 |
| Goldman Sachs Group, Inc., VRN, 5.07%, 1/21/37 |  | 90000 | 89649 |
| Goldman Sachs Group, Inc., VRN, 5.54%, 1/21/47 |  | 70000 | 68995 |
| HPS Corporate Lending Fund, 5.15%, 4/2/29<sup>(5)</sup> |  | 85000 | 84682 |
| Jefferies Financial Group, Inc., 5.50%, 2/15/36 |  | 140000 | 138259 |
| Morgan Stanley, VRN, 4.89%, 10/22/36 |  | 65000 | 64014 |
|  |  |  | 894824 |
| **Chemicals — 0.1%** |  |  |  |
| Braskem Netherlands Finance BV, 4.50%, 1/10/28<sup>(5)</sup> |  | 200000 | 91170 |
| Braskem Netherlands Finance BV, 4.50%, 1/31/30<sup>(5)</sup> |  | 270000 | 116694 |
| Celanese U.S. Holdings LLC, 7.00%, 2/15/31 |  | 190000 | 194466 |
| EQUATE Petrochemical Co. KSC, 4.25%, 11/3/26<sup>(5)</sup> |  | 46000 | 45956 |
|  |  |  | 448286 |
| **Construction Materials — 0.1%** |  |  |  |
| Eagle Materials, Inc., 5.00%, 3/15/36 |  | 151000 | 147904 |
| Quikrete Holdings, Inc., 6.75%, 3/1/33<sup>(5)</sup> |  | 205000 | 213082 |
|  |  |  | 360986 |
| **Consumer Finance — 0.1%** |  |  |  |
| Avilease Capital Ltd., 4.75%, 11/12/30<sup>(5)</sup> |  | 240000 | 238509 |
| Capital One Financial Corp., VRN, 4.72%, 1/30/32<sup>(6)</sup> |  | 160000 | 160083 |
| Capital One Financial Corp., VRN, 5.40%, 1/30/37<sup>(6)</sup> |  | 137000 | 136802 |
|  |  |  | 535394 |
| **Consumer Staples Distribution & Retail — 0.0%** |  |  |  |
| Walmart, Inc., 4.10%, 4/28/27 |  | 130000 | 130882 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| **Containers and Packaging — 0.0%** | | |
| Smurfit Kappa Treasury ULC, 5.20%, 1/15/30 | $260000 | $268072 |
| **Diversified REITs — 0.1%** |  |  |
| Piedmont Operating Partnership LP, 5.625%, 1/15/33 | 285000 | 286611 |
| Trust 2401, 7.70%, 1/23/32<sup>(5)</sup> | 208000 | 228483 |
| Vornado Realty LP, 5.75%, 2/1/33 | 205000 | 207402 |
|  |  | 722496 |
| **Diversified Telecommunication Services — 0.0%** |  |  |
| Sprint Capital Corp., 6.875%, 11/15/28 | 258000 | 276848 |
| **Electric Utilities — 0.0%** |  |  |
| Duke Energy Florida LLC, 4.85%, 12/1/35 | 71000 | 70560 |
| Kentucky Utilities Co., 5.85%, 8/15/55 | 100000 | 101479 |
| MidAmerican Energy Co., 5.85%, 9/15/54 | 45000 | 46188 |
|  |  | 218227 |
| **Electronic Equipment, Instruments and Components — 0.0%** |  |  |
| Flex Ltd., 5.375%, 11/13/35 | 140000 | 139915 |
| **Energy Equipment and Services — 0.0%** |  |  |
| Enerflex, Inc., 6.875%, 1/15/31<sup>(5)</sup> | 37000 | 38266 |
| **Financial Services — 0.1%** |  |  |
| Atlas Warehouse Lending Co. LP, 4.95%, 11/15/30<sup>(5)</sup> | 290000 | 291356 |
| Atlas Warehouse Lending Co. LP, 5.25%, 1/15/33<sup>(5)</sup> | 250000 | 250441 |
| Freedom Mortgage Holdings LLC, 6.875%, 5/1/31<sup>(5)</sup> | 285000 | 283034 |
|  |  | 824831 |
| **Food Products — 0.0%** |  |  |
| Mars, Inc., 4.60%, 3/1/28<sup>(5)</sup> | 265000 | 268576 |
| **Gas Utilities — 0.1%** |  |  |
| Grupo Energia Bogota SA ESP, 5.75%, 10/22/35<sup>(5)</sup> | 200000 | 196191 |
| Spire, Inc., VRN, 6.25%, 6/1/56 | 212000 | 211355 |
|  |  | 407546 |
| **Health Care Providers and Services — 0.0%** |  |  |
| DaVita, Inc., 4.625%, 6/1/30<sup>(5)</sup> | 270000 | 259925 |
| Kaiser Foundation Hospitals, 3.00%, 6/1/51 | 70000 | 45898 |
|  |  | 305823 |
| **Hotels, Restaurants and Leisure — 0.1%** |  |  |
| Caesars Entertainment, Inc., 4.625%, 10/15/29<sup>(5)</sup> | 110000 | 105692 |
| Caesars Entertainment, Inc., 7.00%, 2/15/30<sup>(5)</sup> | 142000 | 146699 |
| Hyatt Hotels Corp., 5.75%, 1/30/27 | 130000 | 132054 |
| Marriott International, Inc., 5.45%, 9/15/26 | 130000 | 131061 |
| MGM Resorts International, 4.625%, 9/1/26 | 39000 | 39040 |
|  |  | 554546 |
| **Household Durables — 0.1%** |  |  |
| KB Home, 4.80%, 11/15/29 | 263000 | 262064 |
| Meritage Homes Corp., 5.125%, 6/6/27 | 190000 | 191426 |
| Taylor Morrison Communities, Inc., 5.75%, 11/15/32<sup>(5)</sup> | 61000 | 62643 |
|  |  | 516133 |
| **Industrial Conglomerates — 0.0%** |  |  |
| Honeywell International, Inc., 4.65%, 7/30/27 | 265000 | 268365 |
| **Insurance — 0.1%** |  |  |
| Asurion LLC & Asurion Co-Issuer, Inc., 8.00%, 12/31/32<sup>(5)</sup> | 90000 | 94091 |
| Asurion LLC & Asurion Co-Issuer, Inc., 8.375%, 2/1/34<sup>(5)</sup> | 120000 | 121428 |
| Liberty Mutual Group, Inc., VRN, 4.125%, 12/15/51<sup>(5)</sup> | 30000 | 29697 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| MetLife, Inc., 10.75%, 8/1/69 | $130000 | $173392 |
|  |  | 418608 |
| **Interactive Media and Services — 0.1%** |  |  |
| Meta Platforms, Inc., 4.60%, 11/15/32 | 240000 | 240669 |
| Meta Platforms, Inc., 4.875%, 11/15/35 | 165000 | 163271 |
| Meta Platforms, Inc., 5.50%, 11/15/45 | 75000 | 72167 |
| Meta Platforms, Inc., 5.625%, 11/15/55 | 210000 | 199960 |
| Meta Platforms, Inc., 5.75%, 11/15/65 | 110000 | 104093 |
|  |  | 780160 |
| **IT Services — 0.0%** |  |  |
| International Business Machines Corp., 5.80%, 2/3/56<sup>(6)</sup> | 115000 | 114720 |
| **Life Sciences Tools and Services — 0.0%** |  |  |
| Thermo Fisher Scientific, Inc., 5.00%, 12/5/26 | 195000 | 196891 |
| **Machinery — 0.0%** |  |  |
| Caterpillar Financial Services Corp., 4.40%, 3/3/28 | 265000 | 268331 |
| **Media — 0.1%** |  |  |
| CCO Holdings LLC/CCO Holdings Capital Corp., 5.125%, 5/1/27<sup>(5)</sup> | 77000 | 77068 |
| CCO Holdings LLC/CCO Holdings Capital Corp., 4.75%, 3/1/30<sup>(5)</sup> | 255000 | 243764 |
| CCO Holdings LLC/CCO Holdings Capital Corp., 7.00%, 2/1/33<sup>(5)</sup> | 86000 | 86893 |
| Discovery Communications LLC, 3.95%, 3/20/28 | 130000 | 125558 |
| Discovery Communications LLC, 4.125%, 5/15/29 | 290000 | 281950 |
| Discovery Communications LLC, 5.00%, 9/20/37 | 165000 | 127606 |
|  |  | 942839 |
| **Metals and Mining — 0.1%** |  |  |
| Freeport-McMoRan, Inc., 5.40%, 11/14/34 | 215000 | 221774 |
| Rio Tinto Finance USA PLC, 4.50%, 3/14/28 | 265000 | 268320 |
|  |  | 490094 |
| **Multi-Utilities — 0.0%** |  |  |
| Dominion Energy, Inc., 4.90%, 8/1/41 | 20000 | 18438 |
| **Oil, Gas and Consumable Fuels — 0.2%** |  |  |
| Antero Resources Corp., 7.625%, 2/1/29<sup>(5)</sup> | 65000 | 66032 |
| Antero Resources Corp., 5.40%, 2/1/36 | 69000 | 68592 |
| Azule Energy Finance PLC, 8.25%, 1/22/31<sup>(5)</sup> | 200000 | 200971 |
| Cenovus Energy, Inc., 5.40%, 3/20/36 | 101000 | 100914 |
| Columbia Pipelines Holding Co. LLC, 5.00%, 11/17/32<sup>(5)</sup> | 142000 | 142768 |
| Ecopetrol SA, 7.75%, 2/1/32 | 215000 | 220907 |
| Enbridge, Inc., VRN, 6.00%, 1/15/77 | 350000 | 352455 |
| Occidental Petroleum Corp., 6.20%, 3/15/40 | 28000 | 28607 |
| Occidental Petroleum Corp., 4.20%, 3/15/48 | 24000 | 17982 |
| Ovintiv, Inc., 7.10%, 7/15/53 | 135000 | 146266 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 239000 | 233306 |
| Venture Global Plaquemines LNG LLC, 6.50%, 6/15/34<sup>(5)</sup> | 303 | 314 |
|  |  | 1579114 |
| **Passenger Airlines — 0.1%** |  |  |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(5)</sup> | 58 | 58 |
| Avianca Midco 2 PLC, 9.625%, 2/14/30<sup>(5)</sup> | 200000 | 205068 |
| JetBlue Airways Corp./JetBlue Loyalty LP, 9.875%, 9/20/31<sup>(5)</sup> | 190000 | 191041 |
| United Airlines Holdings, Inc., 5.375%, 3/1/31<sup>(6)</sup> | 215000 | 217404 |
|  |  | 613571 |
| **Professional Services — 0.0%** |  |  |
| Concentrix Corp., 6.60%, 8/2/28 | 305000 | 317096 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal Amount** | **Value** |
| **Real Estate Management and Development — 0.0%** | | | |
| Arbor Realty SR, Inc., 8.50%, 12/15/28<sup>(5)</sup> |  | $130000 | $126727 |
| CBRE Services, Inc., 4.90%, 1/15/33 |  | 125000 | 125527 |
|  |  |  | 252254 |
| **Semiconductors and Semiconductor Equipment — 0.1%** |  |  |  |
| Broadcom, Inc., 4.60%, 1/15/33 |  | 105000 | 104733 |
| Foundry JV Holdco LLC, 5.875%, 1/25/34<sup>(5)</sup> |  | 215000 | 222444 |
|  |  |  | 327177 |
| **Software — 0.1%** |  |  |  |
| Oracle Corp., 5.375%, 7/15/40 |  | 180000 | 162313 |
| Workday, Inc., 3.80%, 4/1/32 |  | 198000 | 189176 |
|  |  |  | 351489 |
| **Specialty Retail — 0.0%** |  |  |  |
| Home Depot, Inc., 5.15%, 6/25/26 |  | 130000 | 130739 |
| Lowe's Cos., Inc., 3.10%, 5/3/27 |  | 135000 | 133764 |
|  |  |  | 264503 |
| **TOTAL CORPORATE BONDS** <br>(Cost $18,004,315) |  |  | **17888414** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 2.0%** |  |  |  |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 2.0%** |  |  |  |
| FHLMC, 4.50%, 10/1/52 |  | 2148085 | 2114225 |
| FHLMC, 5.50%, 12/1/52 |  | 1149786 | 1172236 |
| FHLMC, 5.00%, 6/1/53 |  | 1252322 | 1257376 |
| FNMA, 3.50%, 9/1/52 |  | 1408690 | 1305133 |
| FNMA, 4.50%, 10/1/52 |  | 2507182 | 2469210 |
| FNMA, 5.50%, 3/1/54 |  | 1152438 | 1171839 |
| FNMA, 4.00%, 1/1/55 |  | 1377330 | 1319505 |
| GNMA, 5.00%, TBA |  | 1327000 | 1326995 |
| GNMA, 7.00%, 12/15/27 |  | 683 | 693 |
| GNMA, 7.00%, 5/15/31 |  | 1884 | 1965 |
| GNMA, 6.50%, 10/15/38 |  | 68714 | 73655 |
| GNMA, 4.50%, 6/15/41 |  | 74009 | 73853 |
| GNMA, 4.00%, 4/20/54 |  | 1332795 | 1265106 |
| UMBS, 5.00%, TBA |  | 1404000 | 1403942 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES** <br>(Cost $14,622,817) |  |  | **14955733** |
| **U.S. TREASURY SECURITIES — 2.0%** |  |  |  |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/42 |  | 1520475 | 1188381 |
| U.S. Treasury Inflation-Indexed Bonds, 0.625%, 2/15/43 |  | 437026 | 326855 |
| U.S. Treasury Inflation-Indexed Bonds, 1.375%, 2/15/44 |  | 1599328 | 1342735 |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/45 |  | 818964 | 598550 |
| U.S. Treasury Inflation-Indexed Notes, 0.375%, 7/15/27 |  | 1285250 | 1281479 |
| U.S. Treasury Inflation-Indexed Notes, 0.875%, 1/15/29 |  | 449270 | 447044 |
| U.S. Treasury Inflation-Indexed Notes, 1.625%, 10/15/29 |  | 2935728 | 2995428 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 7/15/31 |  | 1523731 | 1429612 |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/32 |  | 970477 | 897561 |
| U.S. Treasury Notes, 1.50%, 11/30/28<sup>(7)</sup> |  | 4400000 | 4154305 |
| **TOTAL U.S. TREASURY SECURITIES** <br>(Cost $15,578,802) |  |  | **14661950** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 1.3%** |  |  |  |
| **Belgium — 0.1%** |  |  |  |
| Kingdom of Belgium Government Bonds, 2.85%, 10/22/34<sup>(5)</sup> | EUR | 470000 | 544030 |
| Kingdom of Belgium Government Bonds, 4.25%, 3/28/41<sup>(5)</sup> | EUR | 27000 | 33747 |
|  |  |  | 577777 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares/Principal Amount** | **Value** |
| **Canada — 0.0%** | | | |
| Province of Quebec, 5.75%, 12/1/36 | CAD | 108000 | $91164 |
| Province of Quebec, 3.50%, 12/1/48 | CAD | 20000 | 12304 |
|  |  |  | 103468 |
| **Chile — 0.0%** |  |  |  |
| Chile Government International Bonds, 5.33%, 1/5/54 |  | $60000 | 58235 |
| **Colombia — 0.2%** |  |  |  |
| Colombia Government International Bonds, 5.00%, 9/19/32 | EUR | 320000 | 367223 |
| Colombia Government International Bonds, 7.75%, 11/7/36 |  | $600000 | 628020 |
|  |  |  | 995243 |
| **Indonesia — 0.0%** |  |  |  |
| Indonesia Treasury Bonds, 7.00%, 2/15/33 | IDR | 2800000000 | 172817 |
| **Japan — 0.1%** |  |  |  |
| Japan Government Thirty Year Bonds, 1.20%, 6/20/53 | JPY | 103000000 | 387825 |
| **Malaysia — 0.0%** |  |  |  |
| Malaysia Government Bonds, 3.83%, 7/5/34 | MYR | 800000 | 207329 |
| **Mexico — 0.3%** |  |  |  |
| Eagle Funding Luxco SARL, 5.50%, 8/17/30<sup>(5)</sup> |  | $495000 | 503450 |
| Mexico Bonos, 7.75%, 11/13/42 | MXN | 25900000 | 1294902 |
| Mexico Government International Bonds, 4.875%, 5/16/36 | EUR | 540000 | 640344 |
|  |  |  | 2438696 |
| **New Zealand — 0.2%** |  |  |  |
| New Zealand Government Bonds, 4.50%, 5/15/35 | NZD | 2750000 | 1653685 |
| **Poland — 0.1%** |  |  |  |
| Republic of Poland Government Bonds, 1.75%, 4/25/32 | PLN | 2000000 | 478102 |
| **South Africa — 0.0%** |  |  |  |
| Republic of South Africa Government Bonds, 8.50%, 1/31/37 | ZAR | 4000000 | 248673 |
| **Spain — 0.2%** |  |  |  |
| Spain Government Bonds, 3.10%, 7/30/31 | EUR | 850000 | 1028532 |
| **Turkey — 0.1%** |  |  |  |
| Turkiye Government Bonds, 30.00%, 9/12/29 | TRY | 25000000 | 567560 |
| Turkiye Government International Bonds, 6.875%, 1/14/38 |  | $320000 | 317248 |
|  |  |  | 884808 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES** <br>(Cost $9,190,711) |  |  | **9235190** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 1.0%** |  |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 1.0%** |  |  |  |
| ABN AMRO Mortgage Corp., Series 2003-4, Class A4, 5.50%, 3/25/33 |  | 628 | 631 |
| BRAVO Residential Funding Trust, Series 2024-NQM5, Class A3, 6.16%, 6/25/64<sup>(5)</sup> |  | 217496 | 219973 |
| Chase Home Lending Mortgage Trust, Series 2025-10, Class A4A, VRN, 5.50%, 7/25/56<sup>(5)</sup> |  | 439886 | 444461 |
| Chase Home Lending Mortgage Trust, Series 2025-8, Class A4, SEQ, VRN, 6.00%, 6/25/56<sup>(5)</sup> |  | 608842 | 616617 |
| Ellington Financial Mortgage Trust, Series 2022-4, Class A3, 5.90%, 9/25/67<sup>(5)</sup> |  | 146365 | 146611 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ5, Class A5, VRN, 5.50%, 10/25/55<sup>(5)</sup> |  | 262987 | 264461 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ6, Class A4, SEQ, VRN, 6.00%, 11/25/55<sup>(5)</sup> |  | 279195 | 283794 |
| JP Morgan Mortgage Trust, Series 2024-1, Class A4, SEQ, VRN, 6.00%, 6/25/54<sup>(5)</sup> |  | 230255 | 231801 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A4, VRN, 6.00%, 6/25/55<sup>(5)</sup> |  | 234811 | 237013 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A9, VRN, 6.15%, 6/25/55<sup>(5)</sup> |  | 258852 | 263324 |
| JP Morgan Mortgage Trust, Series 2024-2, Class A3, VRN, 6.00%, 8/25/54<sup>(5)</sup> |  | 188671 | 190775 |
| JP Morgan Mortgage Trust, Series 2024-6, Class A9A, VRN, 6.00%, 12/25/54<sup>(5)</sup> |  | 360075 | 364320 |
| JP Morgan Mortgage Trust, Series 2025-NQM1, Class A3, 5.97%, 6/25/65<sup>(5)</sup> |  | 180355 | 182326 |
| OBX Trust, Series 2025-J3, Class A5, SEQ, VRN, 5.00%, 10/25/55<sup>(5)</sup> |  | 340972 | 340231 |
| OBX Trust, Series 2025-NQM15, Class A1B, 5.14%, 7/27/65<sup>(5)</sup> |  | 493407 | 496723 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| PRKCM Trust, Series 2025-AFC1, Class A1B, 5.10%, 10/25/60<sup>(5)</sup> | $661914 | $664857 |
| Provident Funding Mortgage Trust, Series 2025-2, Class A4, SEQ, VRN, 5.50%, 6/25/55<sup>(5)</sup> | 320563 | 323137 |
| PRPM Trust, Series 2022-NQM1, Class A3, 5.50%, 8/25/67<sup>(5)</sup> | 458545 | 457427 |
| Radian Mortgage Capital Trust, Series 2025-J2, Class A15, VRN, 5.50%, 11/25/55<sup>(5)</sup> | 503971 | 506884 |
| Rate Mortgage Trust, Series 2025-J1, Class A4, VRN, 6.00%, 3/25/55<sup>(5)</sup> | 174944 | 177836 |
| Sequoia Mortgage Trust, Series 2023-4, Class A10, SEQ, VRN, 5.80%, 11/25/53<sup>(5)</sup> | 108419 | 108473 |
| Sequoia Mortgage Trust, Series 2024-2, Class A4, VRN, 6.00%, 3/25/54<sup>(5)</sup> | 257337 | 259994 |
| Sequoia Mortgage Trust, Series 2024-6, Class A11, SEQ, VRN, 6.00%, 7/27/54<sup>(5)</sup> | 241220 | 242735 |
| SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46<sup>(5)</sup> | 7461 | 6769 |
|  |  | 7031173 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 0.0%** |  |  |
| FNMA, Series 2024-R01, Class 1M1, VRN, 4.75%, (30-day average SOFR plus 1.05%), 1/25/44<sup>(5)</sup> | 99449 | 99583 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** <br>(Cost $7,095,305) |  | **7130756** |
| **CONVERTIBLE PREFERRED SECURITIES — 0.6%** |  |  |
| **Banks — 0.5%** |  |  |
| Barclays PLC, 8.00% | 465000 | 497361 |
| BNP Paribas SA, 8.50%<sup>(5)</sup> | 700000 | 749972 |
| HSBC Holdings PLC, 6.00% | 175000 | 177417 |
| HSBC Holdings PLC, 6.875% | 245000 | 253252 |
| ING Groep NV, 4.875% | 650000 | 634618 |
| Lloyds Banking Group PLC, 8.00% | 295000 | 320424 |
| Societe Generale SA, 9.375%<sup>(5)</sup> | 770000 | 822837 |
| Swedbank AB, 7.625% | 600000 | 630234 |
|  |  | 4086115 |
| **Capital Markets — 0.1%** |  |  |
| UBS Group AG, 9.25%<sup>(5)</sup> | 485000 | 529781 |
| **TOTAL CONVERTIBLE PREFERRED SECURITIES** <br>(Cost $4,583,797) |  | **4615896** |
| **ASSET-BACKED SECURITIES — 0.5%** |  |  |
| ACM Auto Trust, Series 2025-2A, Class B, 7.25%, 2/20/32<sup>(5)</sup> | $301000 | 304932 |
| ACM Auto Trust, Series 2025-3A, Class B, 6.08%, 7/20/32<sup>(5)</sup> | 275000 | 274483 |
| Blackbird Capital II Aircraft Lease Ltd., Series 2021-1A, Class A, SEQ, 2.44%, 7/15/46<sup>(5)</sup> | 156313 | 149579 |
| Elara HGV Timeshare Issuer LLC, Series 2025-A, Class A, SEQ, 4.54%, 1/25/40<sup>(5)</sup> | 555573 | 555792 |
| JP Morgan Mortgage Trust, Series 2025-CES5, Class A1A, 5.14%, 2/25/56<sup>(5)</sup> | 589530 | 594253 |
| JP Morgan Mortgage Trust, Series 2025-CES5, Class A1B, 5.24%, 2/25/56<sup>(5)</sup> | 622544 | 627522 |
| Lendbuzz Securitization Trust, Series 2026-1A, Class C, 5.74%, 9/15/31<sup>(5)</sup> | 270000 | 269977 |
| Pagaya AI Debt Grantor Trust, Series 2025-6, Class B, 4.88%, 4/15/33<sup>(5)</sup> | 237945 | 237456 |
| USQ Rail I LLC, Series 2021-2A, Class B, SEQ, 2.98%, 2/28/51<sup>(5)</sup> | 262000 | 248250 |
| **TOTAL ASSET-BACKED SECURITIES** <br>(Cost $3,256,296) |  | **3262244** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.3%** |  |  |
| BX Trust, Series 2023-LIFE, Class A, SEQ, 5.05%, 2/15/28<sup>(5)</sup> | 430000 | 426524 |
| Credit Suisse Mortgage Trust, Series 2021-BHAR, Class A, VRN, 4.95%, (1-month SOFR plus 1.26%), 11/15/38<sup>(5)</sup> | 397000 | 394509 |
| DBSG Mortgage Trust, Series 2024-ALTA, Class A, SEQ, VRN, 5.95%, 6/10/37<sup>(5)</sup> | 398000 | 404168 |
| NJ Trust, Series 2023-GSP, Class A, SEQ, VRN, 6.48%, 1/6/29<sup>(5)</sup> | 398000 | 418216 |
| WB Commercial Mortgage Trust, Series 2024-HQ, Class A, SEQ, VRN, 6.13%, 3/15/40<sup>(5)</sup> | 313000 | 313871 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES**<br>(Cost $1,951,703) |  | **1957288** |
| **EXCHANGE-TRADED FUNDS — 0.2%** |  |  |
| iShares Core S&P 500 ETF | 2096 | 1456783 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount** | **Value** |
| iShares MSCI EAFE Small-Cap ETF<sup>(3)</sup> | 79 | $6460 |
| **TOTAL EXCHANGE-TRADED FUNDS** <br>(Cost $1,308,529) |  | **1463243** |
| **PREFERRED SECURITIES — 0.1%** |  |  |
| **Oil, Gas and Consumable Fuels — 0.1%** |  |  |
| Energy Transfer LP, 6.625% | 183000 | 185601 |
| Sunoco LP, 7.875%<sup>(5)</sup> | 150000 | 154596 |
| **TOTAL PREFERRED SECURITIES** <br>(Cost $336,313) |  | **340197** |
| **MUNICIPAL SECURITIES — 0.0%** |  |  |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41 | $30000 | 34706 |
| New York City GO, 6.27%, 12/1/37 | 5000 | 5369 |
| Port Authority of New York & New Jersey Rev., 4.93%, 10/1/51 | 35000 | 32608 |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60 | 100000 | 64917 |
| State of California GO, 7.60%, 11/1/40 | 40000 | 48610 |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41 | 30000 | 30455 |
| University of California College of the Law San Francisco Rev., 5.99%, 8/1/50 (BAM) | 25000 | 25398 |
| University of California College of the Law San Francisco Rev., 6.09%, 8/1/55 (BAM) | 30000 | 30591 |
| **TOTAL MUNICIPAL SECURITIES** <br>(Cost $311,516) |  | **272654** |
| **RIGHTS — 0.0%** |  |  |
| **Biotechnology — 0.0%** |  |  |
| Akero Therapeutics, Inc.<sup>(2)</sup> <br>(Cost $1,003) | 1543 | **1003** |
| **SHORT-TERM INVESTMENTS — 7.7%** |  |  |
| **Commercial Paper**<sup>(8)</sup> **— 0.3%** |  |  |
| Endeavour Funding Co. LLC, 4.03%, 4/10/26 (LOC: HSBC Bank PLC)<sup>(5)</sup> | $250000 | 248182 |
| Ionic Funding LLC, Series IIA, 3.94%, 5/22/26<sup>(5)</sup> | 1500000 | 1482267 |
| Overwatch Alpha Funding LLC, 3.76%, 2/2/26<sup>(5)</sup> | 415000 | 414873 |
|  |  | 2145322 |
| **Money Market Funds — 7.4%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 7035898 | 7035898 |
| State Street Navigator Securities Lending Government Money Market Portfolio<sup>(9)</sup> | 47016750 | 47016750 |
|  |  | 54052648 |
| **TOTAL SHORT-TERM INVESTMENTS** <br>(Cost $56,198,484) |  | **56197970** |
| **TOTAL INVESTMENT SECURITIES — 106.5%** <br>(Cost $562,401,538) |  | **779803311** |
| **OTHER ASSETS AND LIABILITIES — (6.5)%** |  | **(47612096)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**732191215** |

---

**FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| AUD | 681692 | USD | 453590 | Morgan Stanley & Co. LLC | 3/18/26 | $21057 |
| CAD | 1085922 | USD | 792114 | Citibank NA | 3/18/26 | 6879 |
| CAD | 18405 | USD | 13437 | Citibank NA | 3/27/26 | 110 |
| CAD | 23724 | USD | 17286 | Citibank NA | 3/27/26 | 176 |
| CAD | 16673 | USD | 12155 | Citibank NA | 3/27/26 | 117 |
| CAD | 4244 | USD | 3112 | Citibank NA | 3/27/26 | 12 |
| CAD | 4113 | USD | 2976 | Citibank NA | 3/27/26 | 51 |
| CAD | 27687 | USD | 19988 | Citibank NA | 3/27/26 | 391 |
| CAD | 5789 | USD | 4197 | Citibank NA | 3/27/26 | 64 |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| CAD | 3749 | USD | 2727 | Citibank NA | 3/27/26 | $33 |
| CAD | 6280 | USD | 4591 | Citibank NA | 3/27/26 | 32 |
| CAD | 3618 | USD | 2663 | Citibank NA | 3/27/26 |  |
| USD | 176267 | CAD | 241603 | Citibank NA | 3/27/26 | (1566) |
| USD | 3206 | CAD | 4396 | Citibank NA | 3/27/26 | (30) |
| USD | 3248 | CAD | 4490 | Citibank NA | 3/27/26 | (57) |
| USD | 9095 | CAD | 12323 | Citibank NA | 3/27/26 | 24 |
| USD | 3390 | CAD | 4584 | Citibank NA | 3/27/26 | 16 |
| CHF | 146868 | USD | 186512 | Morgan Stanley & Co. LLC | 3/18/26 | 4351 |
| CNY | 22828991 | USD | 3257794 | JPMorgan Chase Bank NA | 2/5/26 | 23762 |
| CNY | 22901102 | USD | 3290152 | Goldman Sachs & Co. LLC | 3/5/26 | (1606) |
| USD | 3272504 | CNY | 22828991 | Goldman Sachs & Co. LLC | 2/5/26 | (9052) |
| EUR | 3637674 | USD | 4296420 | Citibank NA | 3/18/26 | 24237 |
| EUR | 200000 | USD | 234432 | Morgan Stanley & Co. LLC | 3/18/26 | 3118 |
| EUR | 793873 | USD | 942881 | Morgan Stanley & Co. LLC | 3/18/26 | 44 |
| EUR | 54229 | USD | 64950 | Morgan Stanley & Co. LLC | 3/18/26 | (539) |
| EUR | 3944 | USD | 4641 | Goldman Sachs & Co. LLC | 3/27/26 | 46 |
| EUR | 4393 | USD | 5184 | Morgan Stanley & Co. LLC | 3/27/26 | 36 |
| EUR | 4706 | USD | 5540 | Morgan Stanley & Co. LLC | 3/27/26 | 51 |
| EUR | 5467 | USD | 6380 | Morgan Stanley & Co. LLC | 3/27/26 | 116 |
| USD | 74954 | EUR | 63734 | JPMorgan Chase Bank NA | 3/18/26 | (746) |
| USD | 397542 | EUR | 339776 | Morgan Stanley & Co. LLC | 3/18/26 | (6028) |
| USD | 98899 | EUR | 84617 | Morgan Stanley & Co. LLC | 3/18/26 | (1606) |
| USD | 132642 | EUR | 113487 | Morgan Stanley & Co. LLC | 3/18/26 | (2153) |
| USD | 37783 | EUR | 31991 | Citibank NA | 3/27/26 | (230) |
| USD | 445097 | EUR | 376856 | Citibank NA | 3/27/26 | (2704) |
| USD | 54562 | EUR | 46163 | Citibank NA | 3/27/26 | (291) |
| USD | 445295 | EUR | 376856 | Goldman Sachs & Co. LLC | 3/27/26 | (2506) |
| USD | 37800 | EUR | 31991 | Goldman Sachs & Co. LLC | 3/27/26 | (213) |
| USD | 99768 | EUR | 84469 | Goldman Sachs & Co. LLC | 3/27/26 | (602) |
| USD | 4434 | EUR | 3754 | Goldman Sachs & Co. LLC | 3/27/26 | (27) |
| USD | 13545 | EUR | 11519 | Goldman Sachs & Co. LLC | 3/27/26 | (143) |
| USD | 37756 | EUR | 31991 | Morgan Stanley & Co. LLC | 3/27/26 | (257) |
| USD | 444773 | EUR | 376856 | Morgan Stanley & Co. LLC | 3/27/26 | (3027) |
| USD | 48346 | EUR | 40862 | Morgan Stanley & Co. LLC | 3/27/26 | (208) |
| USD | 91858 | EUR | 78015 | Morgan Stanley & Co. LLC | 3/27/26 | (845) |
| USD | 10678 | EUR | 9098 | Morgan Stanley & Co. LLC | 3/27/26 | (134) |
| USD | 56626 | EUR | 48521 | Morgan Stanley & Co. LLC | 3/27/26 | (1030) |
| USD | 10927 | EUR | 9330 | Morgan Stanley & Co. LLC | 3/27/26 | (159) |
| USD | 53658 | EUR | 46127 | Morgan Stanley & Co. LLC | 3/27/26 | (1152) |
| USD | 10726 | EUR | 9221 | Morgan Stanley & Co. LLC | 3/27/26 | (230) |
| USD | 69562 | EUR | 58839 | Morgan Stanley & Co. LLC | 3/27/26 | (354) |
| USD | 10219 | EUR | 8541 | Morgan Stanley & Co. LLC | 3/27/26 | 70 |
| USD | 37797 | EUR | 31991 | UBS AG | 3/27/26 | (216) |
| USD | 445261 | EUR | 376856 | UBS AG | 3/27/26 | (2540) |
| USD | 5510 | EUR | 4678 | UBS AG | 3/27/26 | (49) |
| GBP | 980739 | USD | 1313423 | Morgan Stanley & Co. LLC | 3/18/26 | 28498 |
| GBP | 30519 | USD | 41158 | Bank of America NA | 3/27/26 | 600 |
| GBP | 19531 | USD | 26256 | Bank of America NA | 3/27/26 | 468 |
| GBP | 3771 | USD | 5075 | Bank of America NA | 3/27/26 | 85 |
| GBP | 16342 | USD | 22407 | Goldman Sachs & Co. LLC | 3/27/26 | (47) |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| GBP | 38949 | USD | 52090 | JPMorgan Chase Bank NA | 3/27/26 | $1202 |
| GBP | 25253 | USD | 33996 | JPMorgan Chase Bank NA | 3/27/26 | 557 |
| USD | 357887 | GBP | 267376 | Citibank NA | 3/27/26 | (7951) |
| USD | 357746 | GBP | 267376 | Goldman Sachs & Co. LLC | 3/27/26 | (8092) |
| USD | 357796 | GBP | 267376 | JPMorgan Chase Bank NA | 3/27/26 | (8042) |
| USD | 29250 | IDR | 489377354 | Goldman Sachs & Co. LLC | 3/25/26 | 109 |
| JPY | 349398437 | USD | 2273179 | Morgan Stanley & Co. LLC | 3/18/26 | (7169) |
| USD | 76939 | JPY | 12114931 | UBS AG | 3/18/26 | (1632) |
| KRW | 566369100 | USD | 387028 | UBS AG | 3/18/26 | 3955 |
| MXN | 2404858 | USD | 130878 | Goldman Sachs & Co. LLC | 3/18/26 | 6198 |
| USD | 1290839 | MXN | 22683034 | Bank of America NA | 3/18/26 | (2078) |
| USD | 56628 | MYR | 232310 | Goldman Sachs & Co. LLC | 3/18/26 | (2387) |
| USD | 1546674 | NZD | 2656306 | Morgan Stanley & Co. LLC | 3/18/26 | (55237) |
| USD | 353313 | PLN | 1283106 | Morgan Stanley & Co. LLC | 3/18/26 | (7787) |
| SEK | 1125720 | USD | 121856 | Morgan Stanley & Co. LLC | 3/18/26 | 4797 |
| THB | 4637226 | USD | 146303 | UBS AG | 3/18/26 | 1504 |
| USD | 233645 | ZAR | 3998602 | Goldman Sachs & Co. LLC | 3/18/26 | (13106) |
|  |  |  |  |  |  | $(21062) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized Appreciation <br>(Depreciation)^** |
| Australian 10-Year Government Bonds | 27 | March 2026 | $2052214 | $(12989) |
| Canadian 10-Year Government Bonds | 9 | March 2026 | 800294 | (7624) |
| Euro-BTP Italian Government 10-Year Bonds | 5 | March 2026 | 717788 | 2540 |
| Euro-Bund 10-Year Bonds | 6 | March 2026 | 911558 | (1646) |
| Euro-OAT 10-Year Bonds | 9 | March 2026 | 1300767 | 8412 |
| Japanese 10-Year Government Bonds | 2 | March 2026 | 1700827 | (24696) |
| Korean Treasury 10-Year Bonds | 5 | March 2026 | 385404 | (6009) |
| U.K. Gilt 10-Year Bonds | 7 | March 2026 | 870202 | 1645 |
| U.S. Treasury Ultra Bonds | 11 | March 2026 | 1291812 | (6704) |
|  |  |  | $10030866 | $(47071) |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| U.S. Treasury 2-Year Notes | 44 | March 2026 | $9173656 | $8512 |
| U.S. Treasury 5-Year Notes | 4 | March 2026 | 435719 | (203) |
| U.S. Treasury 10-Year Notes | 9 | March 2026 | 1006453 | 4904 |
| U.S. Treasury 10-Year Ultra Notes | 11 | March 2026 | 1255719 | (240) |
|  |  |  | $11871547 | $12973 |

---

^Amount represents value and unrealized appreciation (depreciation).

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS** |
| **Reference <br>Entity** | **Type**<sup>‡</sup> | **Fixed Rate<br>Received<br>(Paid)<br>Quarterly** | **Termination<br>Date** | **Notional <br>Amount** | **Premiums <br>Paid <br>(Received)** | **Unrealized <br>Appreciation <br>(Depreciation)** | **Value^** |
| Markit CDX North America High Yield Index Series 45 | Sell | 5.00% | 12/20/30 | $8811000 | $576528 | $213351 | $789879 |
| Markit iTraxx Europe Crossover Index Series 43 | Sell | 5.00% | 6/20/30 | EUR 1,549,056 | 154262 | 58370 | 212632 |
|  |  |  |  |  | $730790 | $271721 | $1002511 |

---

‡The maximum potential amount the fund could be required to deliver as a seller of credit protection if a credit event occurs as defined under the terms of the agreement is the notional amount. The maximum potential amount may be partially offset by any recovery values of the reference entities and upfront payments received upon entering into the agreement.

^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** | **CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS** |
| **Floating**<br>**Rate Index** | **Pay/Receive**<br>**Floating Rate**<br>**Index at**<br>**Termination** | **Fixed**<br>**Rate** | **Termination**<br>**Date** | **Notional**<br>**Amount** | **Premiums**<br>**Paid**<br>**(Received)** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** | **Value** |
| CPURNSA | Receive | 2.44% | 12/10/30 | $3000000 | $503 | $4614 | $5117 |
| CPURNSA | Receive | 2.43% | 12/11/30 | $6350000 | 524 | 10643 | 11167 |
| CPURNSA | Receive | 2.52% | 2/3/31 | $3000000 | 518 | 292 | 810 |
|  |  |  |  |  | $1545 | $15549 | $17094 |

---

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| ADR | – | American Depositary Receipt |
| AUD | – | Australian Dollar |
| BAM | – | Build America Mutual Assurance Corp. |
| CAD | – | Canadian Dollar |
| CDX | – | Credit Derivatives Indexes |
| CHF | – | Swiss Franc |
| CNY | – | Chinese Yuan |
| CPURNSA | – | U.S. Consumer Price Index Urban Consumers Not Seasonally Adjusted Index |
| EUR | – | Euro |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GBP | – | British Pound |
| GDR | – | Global Depositary Receipt |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| IDR | – | Indonesian Rupiah |
| JPY | – | Japanese Yen |
| KRW | – | South Korean Won |
| LOC | – | Letter of Credit |
| MXN | – | Mexican Peso |
| MYR | – | Malaysian Ringgit |
| NZD | – | New Zealand Dollar |
| PLN | – | Polish Zloty |
| SEK | – | Swedish Krona |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| THB | – | Thai Baht |

---

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

---

| | | |
|:---|:---|:---|
| TRY | – | Turkish Lira |
| UMBS | – | Uniform Mortgage-Backed Securities |
| USD | – | United States Dollar |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |
| ZAR | – | South African Rand |

---

(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds.

(2)Non-income producing.

(3)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $47,427,059. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

(4)Security may be subject to resale, redemption or transferability restrictions.

(5)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $23,008,912, which represented 3.1% of total net assets.

(6)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(7)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, forward foreign currency exchange contracts, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $1,667,859.

(8)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.

(9)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $48,551,326, which includes securities collateral of $1,534,576.

**AFFILIATED FUND TRANSACTIONS**

A summary of transactions for each affiliated fund for the period ended January 31, 2026 follows (amounts in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Fund**<sup>(1)</sup> | **Beginning**<br>**Value** | **Purchase**<br>**Cost** | **Sales**<br>**Cost** | **Change in Net**<br>**Unrealized**<br>**Appreciation**<br>**(Depreciation)** | **Ending**<br>**Value** | **Ending**<br>**Shares** | **Net**<br>**Realized**<br>**Gain**<br>**(Loss)** | **Distributions**<br>**Received**<sup>(2)</sup> |
| American Century Diversified Corporate Bond ETF | $13509 | $1240 |  | $180 | $14929 | 315 |  | $375 |
| American Century Focused Dynamic Growth ETF<sup>(3)</sup> | 40654 | 302 | $1255 | 3089 | 42790 | 338 | $1325 |  |
| American Century Focused Large Cap Value ETF | 40792 | 345 | 532 | 4349 | 44954 | 568 | 149 | 387 |
| American Century Multisector Income ETF | 24418 |  |  | 267 | 24685 | 557 |  | 696 |
| American Century Quality Diversified International ETF | 35375 | 7647 | 8412 | 1260 | 35870 | 531 | 4093 | 432 |
| American Century Short Duration Strategic Income ETF | 3646 | 9524 | 610 | 59 | 12619 | 243 | (2) | 236 |
| American Century U.S. Quality Growth ETF<sup>(4)</sup> | 38276 | 9061 | 427 | 692 | 47602 | 423 | 253 | 50 |
| American Century U.S. Quality Value ETF<sup>(4)</sup> | 37487 | 7952 |  | 4695 | 50134 | 731 |  | 442 |
| Avantis Emerging Markets Equity ETF<sup>(4)</sup> | 39227 | 7220 | 9196 | 5478 | 42729 | 514 | 1754 | 623 |
| Avantis International Equity ETF<sup>(4)</sup> | 26334 | 7904 | 4727 | 4551 | 34062 | 392 | 349 | 373 |
| Avantis International Small Cap Value ETF | 10082 | 2104 | 701 | 2260 | 13745 | 136 | 431 | 192 |
| Avantis U.S. Equity ETF | 43451 | 4990 | 84 | 5357 | 53714 | 464 | 86 | 268 |
| Avantis U.S. Small Cap Value ETF | 12592 | 122 | 2987 | (1154) | 8573 | 78 | 3331 | 102 |
|  | $365843 | $58411 | $28931 | $31083 | $426406 | 5290 | $11769 | $4176 |

---

(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds. Additional information and attributes of each affiliated fund are available at americancentury.com or avantisinvestors.com.

(2)Distributions received includes distributions from net investment income and from capital gains, if any.

(3)Non-income producing.

(4)Security, or a portion thereof, is on loan.

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

**FAIR VALUE MEASUREMENTS**

The following is a summary of the fund's valuation inputs as of period end.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | | | |
| **Investment Securities** | | | |
| Affiliated Funds | $426405635 |  |  |
| Common Stocks | 153501483 | $67913655 |  |
| Corporate Bonds |  | 17888414 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 14955733 |  |
| U.S. Treasury Securities |  | 14661950 |  |
| Sovereign Governments and Agencies |  | 9235190 |  |
| Collateralized Mortgage Obligations |  | 7130756 |  |
| Convertible Preferred Securities |  | 4615896 |  |
| Asset-Backed Securities |  | 3262244 |  |
| Commercial Mortgage-Backed Securities |  | 1957288 |  |
| Exchange-Traded Funds | 1463243 |  |  |
| Preferred Securities |  | 340197 |  |
| Municipal Securities |  | 272654 |  |
| Rights | 1003 |  |  |
| Short-Term Investments | 54052648 | 2145322 |  |
|  | $635424012 | $144379299 |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $13416 | $12597 |  |
| Swap Agreements |  | 1019605 |  |
| Forward Foreign Currency Exchange Contracts |  | 132766 |  |
|  | $13416 | $1164968 |  |
| **Liabilities** |  |  |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $7147 | $52964 |  |
| Forward Foreign Currency Exchange Contracts |  | 153828 |  |
|  | $7147 | $206792 |  |

---

**DERIVATIVE INSTRUMENTS**

As of period end, the value of derivative instruments located on the Statement of Assets and Liabilities were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** |
| | **Credit** | **Foreign Currency** | **Interest Rate** | **Other Contracts** | **Total** |
| **Asset Derivatives:** | | | | | |
| &nbsp;&nbsp;Receivable for variation margin on futures contracts\* |  |  | $313835 |  | $313835 |
| &nbsp;&nbsp;Receivable for variation margin on swap agreements\* |  |  |  | $15095 | 15095 |
| &nbsp;&nbsp;Unrealized appreciation on forward foreign currency exchange contracts |  | $132766 |  |  | 132766 |
|  |  |  |  |  | $461696 |
| **Liability Derivatives:** |  |  |  |  |  |
| &nbsp;&nbsp;Payable for variation margin on futures contracts\* |  |  | $281699 |  | $281699 |
| &nbsp;&nbsp;Payable for variation margin on swap agreements\* | $32862 |  |  |  | 32862 |
| &nbsp;&nbsp;Unrealized depreciation on forward foreign currency exchange contracts |  | $153828 |  |  | 153828 |
|  |  |  |  |  | $468389 |

---

\*Included in the unrealized appreciation (depreciation) on futures contracts or centrally cleared swap agreements, as applicable, as reported in the Schedule of Investments.

------

Schedule of Investments - Strategic Allocation: Aggressive Fund

The following is a summary of the effect of derivative instruments on the Statement of Operations for the period ended January 31, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** | **Type of Risk Exposure** |
| | **Credit** | **Foreign Currency** | **Interest Rate** | **Other Contracts** | **Total** |
| **Net realized gain (loss) on:** | | | | | |
| &nbsp;&nbsp;Forward foreign currency exchange transactions |  | $149154 |  |  | $149154 |
| &nbsp;&nbsp;Futures contract transactions |  |  | $(26663) |  | (26663) |
| &nbsp;&nbsp;Swap agreement transactions | $474479 |  |  |  | 474479 |
|  |  |  |  |  | $596970 |
| **Change in net unrealized appreciation (depreciation) on:** |  |  |  |  |  |
| &nbsp;&nbsp;Forward foreign currency exchange contracts |  | $(215158) |  |  | $(215158) |
| &nbsp;&nbsp;Futures contracts |  |  | $(21392) |  | (21392) |
| &nbsp;&nbsp;Swap agreements | $(34982) |  |  | $15549 | (19433) |
|  |  |  |  |  | $(255983) |

---

See Notes to Financial Statements.

------

Statements of Assets and Liabilities

---

| | | |
|:---|:---|:---|
| **JANUARY 31, 2026 (UNAUDITED)** | **JANUARY 31, 2026 (UNAUDITED)** | |
| | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Moderate Fund** |
| **Assets** | | |
| Investment securities, at value | $168867949 | $391113207 |
| Investment securities - affiliated, at value | 118908189 | 389375115 |
| Investment made with cash collateral received for securities on loan, at value | 641135 | 13099329 |
| Cash | 2730 |  |
| Foreign currency holdings, at value | 1384 | 4368 |
| Receivable for investments sold | 1397840 | 5671358 |
| Receivable for capital shares sold | 175522 | 297281 |
| Receivable for variation margin on futures contracts | 170239 | 237117 |
| Unrealized appreciation on forward foreign currency exchange contracts | 5269 | 9362 |
| Interest and dividends receivable | 564347 | 1472495 |
| Securities lending receivable | 1108 | 7482 |
| Other assets |  | 15422 |
|  | 290735712 | 801302536 |
| **Liabilities** |  |  |
| Disbursements in excess of demand deposit cash |  | 33972 |
| Payable for collateral received for securities on loan | 641135 | 13099329 |
| Payable for investments purchased | 4075390 | 8521245 |
| Payable for capital shares redeemed | 271137 | 954274 |
| Payable for variation margin on futures contracts | 148385 | 199208 |
| Payable for variation margin on swap agreements | 10260 | 15229 |
| Unrealized depreciation on forward foreign currency exchange contracts | 225605 | 434687 |
| Accrued management fees | 140757 | 366649 |
| Distribution and service fees payable | 22723 | 75970 |
| Accrued foreign taxes | 200 | 271 |
|  | 5535592 | 23700834 |
| **Net Assets** | $285200120 | $777601702 |
| **Net Assets Consist of:** |  |  |
| Capital (par value and paid-in surplus) | $238663506 | $586883218 |
| Distributable earnings (loss) | 46536614 | 190718484 |
|  | $285200120 | $777601702 |
| Investment securities, at cost | $155578722 | $338435912 |
| Investment securities on loan, at value | $644130 | $2102000 |
| Investment securities - affiliated, at cost | $86119064 | $260451546 |
| Investment securities on loan - affiliated, at value | $1160311 | $12935349 |
| Investment made with cash collateral received for securities on loan, at cost | $641135 | $13099329 |
| Foreign currency holdings, at cost | $18319 | $52528 |

---

------

Statements of Assets and Liabilities

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Net Assets** | **Shares Outstanding** | **Net Asset Value Per Share** |
| **Strategic Allocation: Conservative Fund** | | | |
| Investor Class, $0.01 Par Value | $114605768 | 19983554 | $5.74 |
| I Class, $0.01 Par Value | $26353980 | 4593829 | $5.74 |
| A Class, $0.01 Par Value | $68810554 | 12012960 | $5.73 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maximum Offering Price Per Share (Net asset value divide by 0.9425) | &nbsp;&nbsp;&nbsp;&nbsp;Maximum Offering Price Per Share (Net asset value divide by 0.9425) |  | $6.08 |
| C Class, $0.01 Par Value | $4536437 | 814810 | $5.57 |
| R Class, $0.01 Par Value | $9843657 | 1724778 | $5.71 |
| R5 Class, $0.01 Par Value | $10678 | 1860 | $5.74 |
| R6 Class, $0.01 Par Value | $61039046 | 10637472 | $5.74 |
| **Strategic Allocation: Moderate Fund** |  |  |  |
| Investor Class, $0.01 Par Value | $237555356 | 34298530 | $6.93 |
| I Class, $0.01 Par Value | $86324674 | 12454326 | $6.93 |
| A Class, $0.01 Par Value | $268608303 | 38984334 | $6.89 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maximum Offering Price Per Share (Net asset value divide by 0.9425) | &nbsp;&nbsp;&nbsp;&nbsp;Maximum Offering Price Per Share (Net asset value divide by 0.9425) |  | $7.31 |
| C Class, $0.01 Par Value | $8883590 | 1337530 | $6.64 |
| R Class, $0.01 Par Value | $26266067 | 3858079 | $6.81 |
| R5 Class, $0.01 Par Value | $12847 | 1852 | $6.94 |
| R6 Class, $0.01 Par Value | $149950865 | 21691656 | $6.91 |

---

Maximum offering price per share was equal to the net asset value per share for all share classes, except A Class. The A Class may incur an initial sales charge and the A Class and C Class may be subject to a contingent deferred sales charge.

See Notes to Financial Statements.

------

Statements of Assets and Liabilities

---

| | |
|:---|:---|
| **JANUARY 31, 2026 (UNAUDITED)** | **JANUARY 31, 2026 (UNAUDITED)** |
| | **Strategic Allocation: Aggressive Fund** |
| **Assets** | **Assets** |
| Investment securities, at value | $306380926 |
| Investment securities - affiliated, at value | 426405635 |
| Investment made with cash collateral received for securities on loan, at value | 47016750 |
| Cash | 310914 |
| Foreign currency holdings, at value | 5231 |
| Receivable for investments sold | 3480213 |
| Receivable for capital shares sold | 355476 |
| Receivable for variation margin on futures contracts | 313835 |
| Receivable for variation margin on swap agreements | 15095 |
| Unrealized appreciation on forward foreign currency exchange contracts | 132766 |
| Interest and dividends receivable | 936298 |
| Securities lending receivable | 9131 |
| Other assets | 22296 |
|  | 785384566 |
| **Liabilities** | **Liabilities** |
| Payable for collateral received for securities on loan | 47016750 |
| Payable for investments purchased | 4100848 |
| Payable for capital shares redeemed | 1275308 |
| Payable for variation margin on futures contracts | 281699 |
| Payable for variation margin on swap agreements | 32862 |
| Unrealized depreciation on forward foreign currency exchange contracts | 153828 |
| Accrued management fees | 279907 |
| Distribution and service fees payable | 51949 |
| Accrued foreign taxes | 200 |
|  | 53193351 |
| **Net Assets** | $732191215 |
| **Net Assets Consist of:** | **Net Assets Consist of:** |
| Capital (par value and paid-in surplus) | $506694126 |
| Distributable earnings (loss) | 225497089 |
|  | $732191215 |
| Investment securities, at cost | $247746784 |
| Investment securities on loan, at value | $2907564 |
| Investment securities - affiliated, at cost | $267638004 |
| Investment securities on loan - affiliated, at value | $44519495 |
| Investment made with cash collateral received for securities on loan, at cost | $47016750 |
| Foreign currency holdings, at cost | $49227 |

---

------

Statements of Assets and Liabilities

---

| | | | |
|:---|:---|:---|:---|
| **Fund/Class** | **Net Assets** | **Shares Outstanding** | **Net Asset Value Per Share** |
| **Strategic Allocation: Aggressive Fund** | | | |
| Investor Class, $0.01 Par Value | $263822876 | 30120604 | $8.76 |
| I Class, $0.01 Par Value | $33523490 | 3877884 | $8.64 |
| A Class, $0.01 Par Value | $162221761 | 18240964 | $8.89 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maximum Offering Price Per Share (Net asset value divide by 0.9425) | &nbsp;&nbsp;&nbsp;&nbsp;Maximum Offering Price Per Share (Net asset value divide by 0.9425) |  | $9.43 |
| C Class, $0.01 Par Value | $13093538 | 1536295 | $8.52 |
| R Class, $0.01 Par Value | $15304140 | 1722226 | $8.89 |
| R5 Class, $0.01 Par Value | $101188 | 11695 | $8.65 |
| R6 Class, $0.01 Par Value | $244124222 | 28390479 | $8.60 |

---

Maximum offering price per share was equal to the net asset value per share for all share classes, except A Class. The A Class may incur an initial sales charge and the A Class and C Class may be subject to a contingent deferred sales charge.

See Notes to Financial Statements.

------

Statements of Operations

---

| | | |
|:---|:---|:---|
| **FOR THE SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED)** | | |
| | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Moderate Fund** |
| **Investment Income (Loss)** | | |
| **Income:** | | |
| Interest | $2261106 | $4089028 |
| Income distributions from affiliated funds | 1538013 | 4349884 |
| Dividends | 424083 | 1541796 |
| Securities lending, net | 7480 | 24827 |
| Less foreign taxes withheld | (12414) | (51359) |
|  | 4218268 | 9954176 |
| **Expenses:** |  |  |
| Management fees | 1291572 | 3894802 |
| Distribution and service fees: |  |  |
| &nbsp;&nbsp;&nbsp;A Class | 87334 | 336807 |
| &nbsp;&nbsp;&nbsp;C Class | 23341 | 46126 |
| &nbsp;&nbsp;&nbsp;R Class | 24332 | 67120 |
| Directors' fees and expenses | 4159 | 11218 |
| Other expenses | 7062 | 21706 |
|  | 1437800 | 4377779 |
| Fees waived | (439277) | (1677611) |
|  | 998523 | 2700168 |
| **Net investment income (loss)** | 3219745 | 7254008 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| **Net realized gain (loss) on:** |  |  |
| Investment transactions\* | 2392354 | 11015087 |
| Sales of investments in affiliated funds | 2912327 | 13182597 |
| Forward foreign currency exchange contract transactions | 133209 | 165434 |
| Futures contract transactions | (70947) | 135775 |
| Swap agreement transactions | 25721 | 3599 |
| Foreign currency translation transactions | 9250 | 6497 |
|  | 5401914 | 24508989 |
| **Change in net unrealized appreciation (depreciation) on:** |  |  |
| Investments\*\* | 2645405 | 4727712 |
| Investments in affiliated funds | 5344616 | 21920579 |
| Forward foreign currency exchange contracts | (509045) | (856115) |
| Futures contracts | (4783) | (75431) |
| Swap agreements | 52020 | 317495 |
| Translation of assets and liabilities in foreign currencies | 5934 | 7249 |
|  | 7534147 | 26041489 |
| **Net realized and unrealized gain (loss)** | 12936061 | 50550478 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $16155806 | $57804486 |
| \*Net of foreign tax expenses paid (refunded) | $438 | $1503 |
| \*\*Includes (increase) decrease in accrued foreign taxes | $54 | $253 |

---

See Notes to Financial Statements.

------

Statements of Operations

---

| | |
|:---|:---|
| **FOR THE SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED)** | **FOR THE SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED)** |
| | **Strategic Allocation: Aggressive Fund** |
| **Investment Income (Loss)** | |
| **Income:** | |
| Interest | $2119815 |
| Income distributions from affiliated funds | 4175808 |
| Dividends | 1735560 |
| Securities lending, net | 33342 |
| Less foreign taxes withheld | (55162) |
|  | 8009363 |
| **Expenses:** |  |
| Management fees | 3704634 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;A Class | 200944 |
| &nbsp;&nbsp;&nbsp;C Class | 66792 |
| &nbsp;&nbsp;&nbsp;R Class | 38200 |
| Directors' fees and expenses | 10534 |
| Other expenses | 26076 |
|  | 4047180 |
| Fees waived | (1984895) |
|  | 2062285 |
| **Net investment income (loss)** | 5947078 |
| **Realized and Unrealized Gain (Loss)** | **Realized and Unrealized Gain (Loss)** |
| **Net realized gain (loss) on:** |  |
| Investment transactions\* | 9735599 |
| Sales of investments in affiliated funds | 11768659 |
| Forward foreign currency exchange contract transactions | 149154 |
| Futures contract transactions | (26663) |
| Swap agreement transactions | 474479 |
| Foreign currency translation transactions | (15910) |
|  | 22085318 |
| **Change in net unrealized appreciation (depreciation) on:** |  |
| Investments\*\* | 6540512 |
| Investments in affiliated funds | 31083295 |
| Forward foreign currency exchange contracts | (215158) |
| Futures contracts | (21392) |
| Swap agreements | (19433) |
| Translation of assets and liabilities in foreign currencies | 15946 |
|  | 37383770 |
| **Net realized and unrealized gain (loss)** | 59469088 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $65416166 |
| \*Net of foreign tax expenses paid (refunded) | $438 |
| \*\*Includes (increase) decrease in accrued foreign taxes | $74 |

---

See Notes to Financial Statements.

------

Statements of Changes in Net Assets

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED) AND YEAR ENDED JULY 31, 2025** | **SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED) AND YEAR ENDED JULY 31, 2025** | **SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED) AND YEAR ENDED JULY 31, 2025** | | |
| | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** |
| **Increase (Decrease) in Net Assets** | **January 31, 2026** | **July 31, 2025** | **January 31, 2026** | **July 31, 2025** |
| **Operations** | | | | |
| Net investment income (loss) | $3219745 | $7107385 | $7254008 | $15682195 |
| Net realized gain (loss) | 5401914 | 8087400 | 24508989 | 27713541 |
| Change in net unrealized appreciation (depreciation) | 7534147 | 7534066 | 26041489 | 28730066 |
| Net increase (decrease) in net assets resulting from operations | 16155806 | 22728851 | 57804486 | 72125802 |
| **Distributions to Shareholders** |  |  |  |  |
| From earnings: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investor Class | (4783336) | (7915559) | (13689240) | (12881685) |
| &nbsp;&nbsp;&nbsp;I Class | (1126100) | (1642258) | (4837413) | (4375192) |
| &nbsp;&nbsp;&nbsp;A Class | (2858352) | (4782252) | (15371488) | (13966120) |
| &nbsp;&nbsp;&nbsp;C Class | (173111) | (295530) | (496989) | (563765) |
| &nbsp;&nbsp;&nbsp;R Class | (389045) | (602952) | (1471707) | (1395997) |
| &nbsp;&nbsp;&nbsp;R5 Class | (371) | (565) | (592) | (512) |
| &nbsp;&nbsp;&nbsp;R6 Class | (2709453) | (4338973) | (8910494) | (8446444) |
| Decrease in net assets from distributions | (12039768) | (19578089) | (44777923) | (41629715) |
| **Capital Share Transactions** |  |  |  |  |
| Net increase (decrease) in net assets from capital share transactions (Note 5) | 4246499 | (49930001) | 24767280 | (44786757) |
| **Net increase (decrease) in net assets** | 8362537 | (46779239) | 37793843 | (14290670) |
| **Net Assets** |  |  |  |  |
| Beginning of period | 276837583 | 323616822 | 739807859 | 754098529 |
| End of period | $285200120 | $276837583 | $777601702 | $739807859 |

---

See Notes to Financial Statements.

------

Statements of Changes in Net Assets

---

| | | |
|:---|:---|:---|
| **SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED) AND YEAR ENDED JULY 31, 2025** | **SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED) AND YEAR ENDED JULY 31, 2025** | **SIX MONTHS ENDED JANUARY 31, 2026 (UNAUDITED) AND YEAR ENDED JULY 31, 2025** |
| | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** |
| **Increase (Decrease) in Net Assets** | **January 31, 2026** | **July 31, 2025** |
| **Operations** | **Operations** | **Operations** |
| Net investment income (loss) | $5947078 | $12991204 |
| Net realized gain (loss) | 22085318 | 29653354 |
| Change in net unrealized appreciation (depreciation) | 37383770 | 35328306 |
| Net increase (decrease) in net assets resulting from operations | 65416166 | 77972864 |
| **Distributions to Shareholders** | **Distributions to Shareholders** | **Distributions to Shareholders** |
| From earnings: |  |  |
| &nbsp;&nbsp;&nbsp;Investor Class | (16883866) | (15941418) |
| &nbsp;&nbsp;&nbsp;I Class | (2247136) | (2153201) |
| &nbsp;&nbsp;&nbsp;A Class | (9946306) | (9269895) |
| &nbsp;&nbsp;&nbsp;C Class | (745102) | (735773) |
| &nbsp;&nbsp;&nbsp;R Class | (911531) | (824049) |
| &nbsp;&nbsp;&nbsp;R5 Class | (1095) | (901) |
| &nbsp;&nbsp;&nbsp;R6 Class | (16947529) | (14489592) |
| Decrease in net assets from distributions | (47682565) | (43414829) |
| **Capital Share Transactions** | **Capital Share Transactions** | **Capital Share Transactions** |
| Net increase (decrease) in net assets from capital share transactions (Note 5) | 19671547 | (2284258) |
| **Net increase (decrease) in net assets** | 37405148 | 32273777 |
| **Net Assets** | **Net Assets** | **Net Assets** |
| Beginning of period | 694786067 | 662512290 |
| End of period | $732191215 | $694786067 |

---

See Notes to Financial Statements.

------

Notes to Financial Statements

**JANUARY 31, 2026 (UNAUDITED)** 

**1. Organization**

American Century Strategic Asset Allocations, Inc. (the corporation) is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company and is organized as a Maryland corporation. Each fund is an asset allocation fund, meaning that it diversifies its investments among equity securities, bonds and money market instruments. The funds may invest in varying combinations of other affiliated investment companies such as mutual funds and exchange-traded funds advised by American Century Investments (affiliated funds). The financial statements herein relate to the following funds and the respective share classes offered by the corporation.

---

| | |
|:---|:---|
| Strategic Allocation: Conservative Fund | Investor, I, A, C, R, R5, R6 |
| Strategic Allocation: Moderate Fund | Investor, I, A, C, R, R5, R6 |
| Strategic Allocation: Aggressive Fund | Investor, I, A, C, R, R5, R6 |

---

Each fund represents a single operating segment as its operating results are monitored as a whole and the long-term asset allocation is determined in accordance with its prospectus, based on defined investment objectives executed by the fund's portfolio management team. The President of the funds serves as the chief operating decision maker (CODM). A fund's income, expenses, assets, and performance are regularly monitored and assessed by the CODM, using the information consistent with that presented in the financial statements and financial highlights.

**2. Significant Accounting Policies**

The following is a summary of significant accounting policies consistently followed by the funds in preparation of their financial statements. Each fund is an investment company and follows accounting and reporting guidance in accordance with accounting principles generally accepted in the United States of America. This may require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from these estimates. Management evaluated the impact of events or transactions occurring through the date the financial statements were issued that would merit recognition or disclosure.

**Investment Valuations —** Each fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of a fund's investments is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Directors oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, bank loan obligations, municipal securities, convertible bonds and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Collateralized loan obligations are valued based on discounted cash flow models that consider trade and economic data, prepayment assumptions and default projections. Commercial paper and certificates of deposit are valued using a curve-based approach that considers money market rates for specific instruments, programs, currencies and maturity points from a variety of active market makers.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred securities and convertible preferred securities with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers. Forward foreign currency exchange contracts are valued at the mean of the appropriate forward exchange rate at the close of the NYSE as provided by an independent pricing service.

------

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**Fair Value Measurements —** The investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by a fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments. The Schedule of Investments provides additional information on a fund's level classifications.

**Foreign Currency Translations —** All assets and liabilities, including investment securities and other financial instruments, initially expressed in foreign currencies are translated into U.S. dollars each day at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service. A fund may enter into spot foreign currency exchange contracts to facilitate transactions denominated in a foreign currency. Purchases and sales of investment securities, dividend and interest income, spot foreign currency exchange contracts, and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions. Net realized and unrealized foreign currency exchange gains or losses related to investment securities are a component of net realized gain (loss) on investment transactions and change in net unrealized appreciation (depreciation) on investments, respectively.

**Security Transactions —** Security transactions are accounted for as of the trade date. Net realized gains and losses are determined on the identified cost basis, which is also used for federal income tax purposes. Certain countries impose taxes on realized gains on the sale of securities registered in their country. A fund records the foreign tax expense, if any, on an accrual basis. The foreign tax expense on realized gains and unrealized appreciation reduces the net realized gain (loss) on investment transactions and net unrealized appreciation (depreciation) on investments, respectively.

**Investment Income —** Dividend income less foreign taxes withheld, if any, is recorded as of the ex-dividend date. Income and capital gain distributions, if any, from the affiliated funds are recorded as of the ex-dividend date. Distributions received on securities that represent a return of capital or long-term capital gain are recorded as a reduction of cost of investments and/or as a realized gain. A fund may estimate the components of distributions received that may be considered nontaxable distributions or long-term capital gain distributions for income tax purposes. Interest income less foreign taxes withheld, if any, is recorded on the accrual basis and includes paydown gain (loss) and accretion of discounts and amortization of premiums. Inflation adjustments related to inflation-linked debt securities are reflected as interest income. Securities lending income is net of fees and rebates earned by the lending agent for its services.

**Forward Commitments —** A fund may engage in securities transactions on a forward commitment basis. In these transactions, the securities' prices and yields are fixed on the date of the commitment. A fund may sell a to-be-announced (TBA) security and at the same time make a commitment to purchase the same security at a future date at a specified price. Conversely, a fund may purchase a TBA security and at the same time make a commitment to sell the same security at a future date at a specified price. These types of transactions are known as "TBA roll" transactions and are accounted for as purchases and sales. A fund will segregate cash, cash equivalents or other appropriate liquid securities on its records in amounts sufficient to meet the purchase price.

**Income Tax Status —** It is each fund's policy to distribute substantially all net investment income and net realized gains to shareholders and to otherwise qualify as a regulated investment company under provisions of the Internal Revenue Code. Accordingly, no provision has been made for income taxes. A fund files U.S. federal, state, local and non-U.S. tax returns as applicable. A fund's tax returns are subject to examination by the relevant taxing authority until expiration of the applicable statute of limitations, which is generally three years from the date of filing but can be longer in certain jurisdictions. At this time, management believes there are no uncertain tax positions which, based on their technical merit, would not be sustained upon examination and for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

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**Multiple Class —** All shares of a fund represent an equal pro rata interest in the net assets of the class to which such shares belong, and have identical voting, dividend, liquidation and other rights and the same terms and conditions, except for class specific expenses and exclusive rights to vote on matters affecting only individual classes. Income, non-class specific expenses, and realized and unrealized capital gains and losses of a fund are allocated to each class of shares based on their relative net assets.

**Distributions to Shareholders —** Distributions to shareholders are recorded on the ex-dividend date in a manner consistent with provisions of the 1940 Act. A fund may elect to treat a portion of its payment to a redeeming shareholder, which represents the pro rata share of undistributed net investment income and net realized gains, as a distribution for federal income tax purposes (tax equalization). Distributions from net realized gains, if any, are generally declared and paid annually. Distributions from net investment income, if any, are generally declared and paid as follows:

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| | |
|:---|:---|
| Strategic Allocation: Conservative Fund | Quarterly |
| Strategic Allocation: Moderate Fund | Quarterly |
| Strategic Allocation: Aggressive Fund | Annually |

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**Indemnifications —** Under the corporation's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to a fund. In addition, in the normal course of business, a fund may enter into contracts that provide general indemnifications. The maximum exposure under these arrangements is unknown as this would involve future claims that may be made against a fund. The risk of material loss from such claims is considered by management to be remote.

**Securities Lending —** Securities are lent to qualified financial institutions and brokers. State Street Bank & Trust Co. serves as securities lending agent to the funds pursuant to a Securities Lending Agreement. The lending of securities exposes a fund to risks such as: the borrowers may fail to return the loaned securities, the borrowers may not be able to provide additional collateral, a fund may experience delays in recovery of the loaned securities or delays in access to collateral, or a fund may experience losses related to the investment collateral. To minimize certain risks, loan counterparties pledge collateral in the form of cash and/or securities. The lending agent has agreed to indemnify the funds in the case of default of any securities borrowed. Cash collateral received is invested in the State Street Navigator Securities Lending Government Money Market Portfolio, a money market mutual fund registered under the 1940 Act. The loans may also be secured by U.S. government securities in an amount at least equal to the market value of the securities loaned, plus accrued interest and dividends, determined on a daily basis and adjusted accordingly. By lending securities, a fund seeks to increase its net investment income through the receipt of interest and fees. Such income is reflected separately within the Statement of Operations. The value of loaned securities and related collateral outstanding at period end, if any, are shown on a gross basis within the Schedule of Investments and Statement of Assets and Liabilities, and the remaining contractual maturities of any securities lending transactions are considered overnight and continuous.

**3. Fees and Transactions with Related Parties**

Certain officers and directors of the corporation are also officers and/or directors of American Century Companies, Inc. (ACC). The corporation's investment advisor, ACIM, the corporation's distributor, American Century Investment Services, Inc. (ACIS), and the corporation's transfer agent, American Century Services, LLC, are wholly owned, directly or indirectly, by ACC. ACIM serves as the investment advisor for the affiliated funds.

**Management Fees —** The corporation has entered into a management agreement with ACIM, under which ACIM provides each fund with investment advisory and management services in exchange for a single, unified management fee (the fee) per class. The agreement provides that ACIM will pay all expenses of managing and operating a fund, except brokerage expenses, taxes, interest, fees and expenses of the independent directors (including legal counsel fees), extraordinary expenses, and expenses incurred in connection with the provision of shareholder services and distribution services under a plan adopted pursuant to Rule 12b-1 under the 1940 Act. The fee is computed and accrued daily based on the daily net assets of each class and paid monthly in arrears. The difference in the fee among the classes is a result of their separate arrangements for non-Rule 12b-1 shareholder services. It is not the result of any difference in advisory or custodial fees or other expenses related to the management of a fund's assets, which do not vary by class. The rate of the fee is determined by applying a fee rate calculation formula. This formula takes into account a fund's assets as well as certain assets, if any, of other clients of the investment advisor outside the American Century Investments family of funds (such as subadvised funds and separate accounts), as well as exchange-traded funds managed by the investment advisor, that use very similar investment teams and strategies (strategy assets). The investment advisor will waive the portion of a fund's management fee equal to the expenses attributable to the management fees of the funds advised by American Century Investments in which a fund invests (the underlying funds waiver). The amount of the underlying funds waiver will fluctuate depending on a fund's daily allocation to such funds. This waiver is expected to remain in effect permanently and it cannot be terminated without the approval of the Board of Directors.

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The management fee schedule range and the effective annual management fee including any waiver impacts for the period ended January 31, 2026 are as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Management Fee**<br>**Schedule Range** | **Effective Annual Management Fee** | **Effective Annual Management Fee** | **Management Fee Waived** |
| **Strategic Allocation: Conservative Fund** | **Management Fee**<br>**Schedule Range** | **Before Waiver** | **After Waiver** | **Management Fee Waived** |
| Investor Class | 0.80% to 1.00% | 1.00% | 0.69% | $175134 |
| I Class | 0.60% to 0.80% | 0.80% | 0.49% | $39002 |
| A Class | 0.80% to 1.00% | 1.00% | 0.69% | $107661 |
| C Class | 0.80% to 1.00% | 1.00% | 0.69% | $7189 |
| R Class | 0.80% to 1.00% | 1.00% | 0.69% | $15001 |
| R5 Class | 0.60% to 0.80% | 0.80% | 0.49% | $13 |
| R6 Class | 0.45% to 0.65% | 0.65% | 0.34% | $95277 |

---

In addition to the underlying funds waiver, the investment advisor agreed to waive 0.19% of the fund's management fee. The investment advisor expects this waiver to continue until November 30, 2026 and cannot terminate it prior to such date without the approval of the Board of Directors.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Management Fee Schedule Range** | **Effective Annual Management Fee** | **Effective Annual Management Fee** | **Management Fee Waived** |
| **Strategic Allocation: Moderate Fund** | **Management Fee Schedule Range** | **Before Waiver** | **After Waiver** | **Management Fee Waived** |
| Investor Class | 0.90% to 1.10% | 1.10% | 0.66% | $512654 |
| I Class | 0.70% to 0.90% | 0.90% | 0.46% | $175871 |
| A Class | 0.90% to 1.10% | 1.10% | 0.66% | $586883 |
| C Class | 0.90% to 1.10% | 1.10% | 0.66% | $20081 |
| R Class | 0.90% to 1.10% | 1.10% | 0.66% | $58453 |
| R5 Class | 0.70% to 0.90% | 0.90% | 0.46% | $22 |
| R6 Class | 0.55% to 0.75% | 0.75% | 0.31% | $323647 |

---

In addition to the underlying funds waiver, the investment advisor agreed to waive 0.29% of the fund's management fee. The investment advisor expects this waiver to continue until November 30, 2026 and cannot terminate it prior to such date without the approval of the Board of Directors.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Management Fee Schedule Range** | **Effective Annual Management Fee** | **Effective Annual Management Fee** | **Management Fee Waived** |
| **Strategic Allocation: Aggressive Fund** | **Management Fee Schedule Range** | **Before Waiver** | **After Waiver** | **Management Fee Waived** |
| Investor Class | 0.90% to 1.15% | 1.15% | 0.60% | $713262 |
| I Class | 0.70% to 0.95% | 0.95% | 0.40% | $90564 |
| A Class | 0.90% to 1.15% | 1.15% | 0.60% | $441075 |
| C Class | 0.90% to 1.15% | 1.15% | 0.60% | $36635 |
| R Class | 0.90% to 1.15% | 1.15% | 0.60% | $41920 |
| R5 Class | 0.70% to 0.95% | 0.95% | 0.40% | $70 |
| R6 Class | 0.55% to 0.80% | 0.80% | 0.25% | $661369 |

---

In addition to the underlying funds waiver, the investment advisor agreed to waive 0.37% of the fund's management fee. The investment advisor expects this waiver to continue until November 30, 2026 and cannot terminate it prior to such date without the approval of the Board of Directors.

**Distribution and Service Fees —** The Board of Directors has adopted a separate Master Distribution and Individual Shareholder Services Plan for each of the A Class, C Class and R Class (collectively the plans), pursuant to Rule 12b-1 of the 1940 Act. The plans provide that the A Class will pay ACIS an annual distribution and service fee of 0.25%. The plans provide that the C Class will pay ACIS an annual distribution and service fee of 1.00%, of which 0.25% is paid for individual shareholder services and 0.75% is paid for distribution services. The plans provide that the R Class will pay ACIS an annual distribution and service fee of 0.50%. The fees are computed and accrued daily based on each class's daily net assets and paid monthly in arrears. The fees are used to pay financial intermediaries for distribution and individual shareholder services. Fees incurred under the plans during the period ended January 31, 2026 are detailed in the Statement of Operations.

**Directors' Fees and Expenses —** The Board of Directors is responsible for overseeing the investment advisor's management and operations of the funds. The directors receive detailed information about the funds and their investment advisor regularly throughout the year, and meet at least quarterly with management of the investment advisor to review reports about fund operations. The funds' officers do not receive compensation from the funds.

**Other Expenses —** A fund's other expenses may include interest charges, clearing exchange fees, proxy solicitation expenses, fees associated with the recovery of foreign tax reclaims and other miscellaneous expenses.

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**Interfund Transactions —** A fund may enter into security transactions with other American Century Investments funds and other client accounts of the investment advisor, in accordance with the 1940 Act rules and procedures adopted by the Board of Directors. The rules and procedures require, among other things, that these transactions be effected at the independent current market price of the security. During the period, the interfund purchases and sales and the effect of interfund transactions on the Statement of Operations were as follows:

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| | | | |
|:---|:---|:---|:---|
| | **Interfund Purchases** | **Interfund Sales** | **Net Realized Gain (loss) on<br>Investment Transactions** |
| Strategic Allocation: Conservative Fund | $5070 | $533512 | $24562 |
| Strategic Allocation: Moderate Fund | $3785 | $459630 | $38417 |
| Strategic Allocation: Aggressive Fund | $872395 | $193000 | $42873 |

---

**4. Investment Transactions**

Investment transactions, excluding short-term investments, for the period ended January 31, 2026 were as follows:

---

| | | | |
|:---|:---|:---|:---|
| | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Aggressive Fund** |
| Purchases of U.S. Treasury and Government Agency obligations | $37038344 | $73264736 | $40234728 |
| Purchases of other investment securities | $70748689 | $189212790 | $182390711 |
| Total Purchases | $107787033 | $262477526 | $222625439 |
| Sales of U.S. Treasury and Government Agency obligations | $49177193 | $91414825 | $70263518 |
| Sales of other investment securities | $68965574 | $198577798 | $170719896 |
| Total Sales | $118142767 | $289992623 | $240983414 |

---

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**5. Capital Share Transactions**

Transactions in shares of the funds were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Six months ended<br>January 31, 2026** | **Six months ended<br>January 31, 2026** | **Year ended<br>July 31, 2025** | **Year ended<br>July 31, 2025** |
| | **Shares** | **Amount** | **Shares** | **Amount** |
| **Strategic Allocation: Conservative Fund** | | | | |
| **Investor Class/Shares Authorized** | 500000000 |  | 500000000 |  |
| Sold | 1137782 | $6574196 | 1490304 | $8289788 |
| Issued in reinvestment of distributions | 815218 | 4613086 | 1407775 | 7700061 |
| Redeemed | (1530580) | (8833664) | (4096470) | (22980226) |
|  | 422420 | 2353618 | (1198391) | (6990377) |
| **I Class/Shares Authorized** | 120000000 |  | 120000000 |  |
| Sold | 630076 | 3648623 | 966054 | 5401287 |
| Issued in reinvestment of distributions | 198925 | 1125792 | 300062 | 1641810 |
| Redeemed | (285590) | (1651708) | (1276534) | (7128990) |
|  | 543411 | 3122707 | (10418) | (85893) |
| **A Class/Shares Authorized** | 270000000 |  | 270000000 |  |
| Sold | 572802 | 3303078 | 1171852 | 6529900 |
| Issued in reinvestment of distributions | 499564 | 2826196 | 864147 | 4723423 |
| Redeemed | (1192760) | (6867280) | (2955912) | (16554869) |
|  | (120394) | (738006) | (919913) | (5301546) |
| **C Class/Shares Authorized** | 70000000 |  | 70000000 |  |
| Sold | 46870 | 263354 | 117538 | 630221 |
| Issued in reinvestment of distributions | 31510 | 173061 | 55594 | 295451 |
| Redeemed | (97746) | (550571) | (282526) | (1531691) |
|  | (19366) | (114156) | (109394) | (606019) |
| **R Class/Shares Authorized** | 50000000 |  | 50000000 |  |
| Sold | 92699 | 533856 | 199152 | 1098983 |
| Issued in reinvestment of distributions | 68940 | 388524 | 110471 | 601463 |
| Redeemed | (129410) | (745012) | (349746) | (1968347) |
|  | 32229 | 177368 | (40123) | (267901) |
| **R5 Class/Shares Authorized** | 150000000 |  | 150000000 |  |
| Sold | 346 | 1981 |  |  |
| Issued in reinvestment of distributions | 65 | 371 | 104 | 565 |
|  | 411 | 2352 | 104 | 565 |
| **R6 Class/Shares Authorized** | 235000000 |  | 235000000 |  |
| Sold | 941487 | 5452396 | 4610710 | 25611181 |
| Issued in reinvestment of distributions | 478638 | 2709453 | 793089 | 4338973 |
| Redeemed | (1505712) | (8719233) | (11634447) | (66628984) |
|  | (85587) | (557384) | (6230648) | (36678830) |
| Net increase (decrease) | 773124 | $4246499 | (8508783) | $(49930001) |

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------

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Six months ended<br>January 31, 2026** | **Six months ended<br>January 31, 2026** | **Year ended<br>July 31, 2025** | **Year ended<br>July 31, 2025** |
| | **Shares** | **Amount** | **Shares** | **Amount** |
| **Strategic Allocation: Moderate Fund** | | | | |
| **Investor Class/Shares Authorized** | 790000000 |  | 790000000 |  |
| Sold | 2499352 | $17559886 | 2358019 | $15587240 |
| Issued in reinvestment of distributions | 1952543 | 13254477 | 1943728 | 12595148 |
| Redeemed | (3430745) | (24021682) | (7203685) | (47572263) |
|  | 1021150 | 6792681 | (2901938) | (19389875) |
| **I Class/Shares Authorized** | 380000000 |  | 380000000 |  |
| Sold | 2281503 | 15976682 | 2495739 | 16544258 |
| Issued in reinvestment of distributions | 712130 | 4835018 | 674379 | 4373097 |
| Redeemed | (1359642) | (9535675) | (4018444) | (26448731) |
|  | 1633991 | 11276025 | (848326) | (5531376) |
| **A Class/Shares Authorized** | 670000000 |  | 670000000 |  |
| Sold | 1591916 | 11113316 | 3018713 | 19759330 |
| Issued in reinvestment of distributions | 2217410 | 14959780 | 2109144 | 13594280 |
| Redeemed | (3431858) | (23854010) | (6991352) | (45773184) |
|  | 377468 | 2219086 | (1863495) | (12419574) |
| **C Class/Shares Authorized** | 160000000 |  | 160000000 |  |
| Sold | 38220 | 256383 | 151927 | 969280 |
| Issued in reinvestment of distributions | 76259 | 496444 | 90523 | 563312 |
| Redeemed | (194696) | (1311914) | (759685) | (4764700) |
|  | (80217) | (559087) | (517235) | (3232108) |
| **R Class/Shares Authorized** | 90000000 |  | 90000000 |  |
| Sold | 191810 | 1319699 | 406645 | 2638839 |
| Issued in reinvestment of distributions | 220824 | 1471667 | 219084 | 1395932 |
| Redeemed | (493935) | (3426636) | (907775) | (5932716) |
|  | (81301) | (635270) | (282046) | (1897945) |
| **R5 Class/Shares Authorized** | 50000000 |  | 50000000 |  |
| Sold | 379 | 2616 |  |  |
| Issued in reinvestment of distributions | 87 | 592 | 78 | 512 |
|  | 466 | 3208 | 78 | 512 |
| **R6 Class/Shares Authorized** | 295000000 |  | 295000000 |  |
| Sold | 1899221 | 13297093 | 3956287 | 26091837 |
| Issued in reinvestment of distributions | 1315840 | 8910494 | 1305795 | 8446444 |
| Redeemed | (2360303) | (16536950) | (5573742) | (36854672) |
|  | 854758 | 5670637 | (311660) | (2316391) |
| Net increase (decrease) | 3726315 | $24767280 | (6724622) | $(44786757) |

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------

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Six months ended<br>January 31, 2026** | **Six months ended<br>January 31, 2026** | **Year ended<br>July 31, 2025** | **Year ended<br>July 31, 2025** |
| | **Shares** | **Amount** | **Shares** | **Amount** |
| **Strategic Allocation: Aggressive Fund** | | | | |
| **Investor Class/Shares Authorized** | 550000000 |  | 550000000 |  |
| Sold | 910020 | $8050533 | 2020800 | $16540941 |
| Issued in reinvestment of distributions | 1960121 | 16680628 | 1986899 | 15716369 |
| Redeemed | (1942787) | (17239055) | (5532584) | (45363863) |
|  | 927354 | 7492106 | (1524885) | (13106553) |
| **I Class/Shares Authorized** | 150000000 |  | 150000000 |  |
| Sold | 302228 | 2649308 | 509819 | 4146780 |
| Issued in reinvestment of distributions | 264352 | 2220560 | 273931 | 2139399 |
| Redeemed | (444570) | (3888502) | (1107150) | (9006081) |
|  | 122010 | 981366 | (323400) | (2719902) |
| **A Class/Shares Authorized** | 325000000 |  | 325000000 |  |
| Sold | 810077 | 7282497 | 1708040 | 14196612 |
| Issued in reinvestment of distributions | 1130328 | 9766031 | 1134414 | 9098002 |
| Redeemed | (1574856) | (14086598) | (3193923) | (26428667) |
|  | 365549 | 2961930 | (351469) | (3134053) |
| **C Class/Shares Authorized** | 90000000 |  | 90000000 |  |
| Sold | 85646 | 733232 | 246805 | 1953203 |
| Issued in reinvestment of distributions | 89880 | 745102 | 95431 | 735773 |
| Redeemed | (215216) | (1848171) | (472996) | (3746801) |
|  | (39690) | (369837) | (130760) | (1057825) |
| **R Class/Shares Authorized** | 50000000 |  | 50000000 |  |
| Sold | 96311 | 862328 | 226741 | 1870832 |
| Issued in reinvestment of distributions | 104479 | 902695 | 101876 | 817046 |
| Redeemed | (173300) | (1549141) | (384785) | (3209034) |
|  | 27490 | 215882 | (56168) | (521156) |
| **R5 Class/Shares Authorized** | 50000000 |  | 50000000 |  |
| Sold | 9809 | 84451 | 79 | 646 |
| Issued in reinvestment of distributions | 130 | 1095 | 115 | 901 |
| Redeemed | (5) | (46) | (11) | (95) |
|  | 9934 | 85500 | 183 | 1452 |
| **R6 Class/Shares Authorized** | 455000000 |  | 455000000 |  |
| Sold | 2876728 | 25253984 | 5487469 | 44331393 |
| Issued in reinvestment of distributions | 2029644 | 16947529 | 1864812 | 14489592 |
| Redeemed | (3887057) | (33896913) | (5013458) | (40567206) |
|  | 1019315 | 8304600 | 2338823 | 18253779 |
| Net increase (decrease) | 2431962 | $19671547 | (47676) | $(2284258) |

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**6. Derivative Instruments**

A fund may invest in various types of derivative instruments as permitted by its investment objectives and policies. The following is a summary of the primary underlying risks and derivative strategies used during the period. The Schedule of Investments provides additional information on the value and effect of a fund's derivative instruments activity.

**Credit Risk —** The funds may be subject to credit risk in the normal course of pursuing their investment objectives. The value of a bond generally declines as the credit quality of its issuer declines. Credit default swap agreements enable a fund to buy/sell protection against a credit event of a specific issuer or index. A fund may attempt to enhance returns by selling protection or attempt to mitigate credit risk by buying protection. The buyer/seller of credit protection against a security or basket of securities may pay/receive an up-front or periodic payment to compensate for/against potential default events. Changes in value, including the periodic amounts of interest to be paid or received on swap agreements, are recorded as unrealized appreciation (depreciation) on swap agreements. Upon entering into a centrally cleared swap, a fund is required to deposit cash or securities (initial margin) with a financial intermediary in an amount equal to a certain percentage of the notional amount. A fund may incur charges or earn income on cash deposit balances, which are reflected in interest expenses or interest income, respectively. Subsequent payments (variation margin) are made or received daily, in cash, by a fund. The variation margin is equal to the daily change in the value and is a component of unrealized gains and losses. Realized gain or loss is recorded upon receipt or payment of a periodic settlement or termination of

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swap agreements. Net realized and unrealized gains or losses occurring during the holding period of swap agreements are a component of net realized gain (loss) on swap agreement transactions and change in net unrealized appreciation (depreciation) on swap agreements, respectively. The risks of entering into swap agreements include the possible lack of liquidity, failure of the counterparty to meet its obligations, and that there may be unfavorable changes in the underlying investments or instruments. The average notional exposure to credit risk derivative instruments held during the period was as follows:

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| | |
|:---|:---|
| Strategic Allocation: Conservative Fund | $11519907 |
| Strategic Allocation: Moderate Fund | $17529549 |
| Strategic Allocation: Aggressive Fund | $15866028 |

---

**Foreign Currency Risk —** The funds may be subject to foreign currency exchange rate risk in the normal course of pursuing their investment objectives. The value of foreign investments held by a fund may be significantly affected by changes in foreign currency exchange rates. The dollar value of a foreign security generally decreases when the value of the dollar rises against the foreign currency in which the security is denominated and tends to increase when the value of the dollar declines against such foreign currency. A fund may enter into forward foreign currency exchange contracts to reduce a fund's exposure to foreign currency exchange rate fluctuations or to gain exposure to the fluctuations in the value of foreign currencies. A fund will segregate cash, cash equivalents or other appropriate liquid securities on its records in amounts sufficient to meet requirements. The net U.S. dollar value of foreign currency underlying all contractual commitments held by a fund and the resulting unrealized appreciation or depreciation are determined daily. Realized gain or loss is recorded upon settlement of the contract. Net realized and unrealized gains or losses occurring during the holding period of forward foreign currency exchange contracts are a component of net realized gain (loss) on forward foreign currency exchange contract transactions and change in net unrealized appreciation (depreciation) on forward foreign currency exchange contracts, respectively. A fund bears the risk of an unfavorable change in the foreign currency exchange rate underlying the forward contract. Additionally, losses, up to the fair value, may arise if the counterparties do not perform under the contract terms. The average U.S. dollar exposure to foreign currency risk derivative instruments held during the period was as follows:

---

| | |
|:---|:---|
| Strategic Allocation: Conservative Fund | $16523992 |
| Strategic Allocation: Moderate Fund | $28660274 |
| Strategic Allocation: Aggressive Fund | $30384758 |

---

**Interest Rate Risk —** The funds may be subject to interest rate risk in the normal course of pursuing their investment objectives. The value of bonds generally declines as interest rates rise. A fund may enter into futures contracts based on a bond index or a specific underlying security. A fund may purchase futures contracts to gain exposure to increases in market value or sell futures contracts to protect against a decline in market value. Upon entering into a futures contract, a fund will segregate cash, cash equivalents or other appropriate liquid securities on its records in amounts sufficient to meet requirements. A fund may incur charges or earn income on cash deposit balances, which are reflected in interest expenses or interest income, respectively. Subsequent payments (variation margin) are made or received daily, in cash, by a fund. The variation margin is equal to the daily change in the contract value and is recorded as unrealized gains and losses. A fund recognizes a realized gain or loss when the futures contract is closed or expires. Net realized and unrealized gains or losses occurring during the holding period of futures contracts are a component of net realized gain (loss) on futures contract transactions and change in net unrealized appreciation (depreciation) on futures contracts, respectively. One of the risks of entering into futures contracts is the possibility that the change in value of the contract may not correlate with the changes in value of the underlying securities. The average notional exposure to interest rate risk derivative instruments held during the period was as follows:

---

| | | |
|:---|:---|:---|
| | **Futures Contracts**<br>**Purchased** | **Futures Contracts**<br>**Sold** |
| Strategic Allocation: Conservative Fund | $25293408 | $23762926 |
| Strategic Allocation: Moderate Fund | $34035560 | $15086082 |
| Strategic Allocation: Aggressive Fund | $14080265 | $14277961 |

---

**Other Contracts —** The funds may enter into total return swap agreements in order to attempt to obtain or preserve a particular return or spread at a lower cost than obtaining a return or spread through purchases and/or sales of instruments in other markets or gain exposure to certain markets in the most economical way possible. A fund will segregate cash, cash equivalents or other appropriate liquid securities on its records in amounts sufficient to meet requirements. Changes in value, including the periodic amounts of interest to be paid or received on swap agreements, are recorded as unrealized appreciation (depreciation) on swap agreements. Upon entering into a centrally cleared swap, a fund is required to deposit cash or securities (initial margin) with a financial intermediary in an amount equal to a certain percentage of the notional amount. A fund may incur charges or earn income on cash deposit balances, which are reflected in interest expenses or interest income, respectively. Subsequent payments (variation margin) are made or received daily, in cash, by a fund. The variation margin is equal to the daily change in the value and is a component of unrealized gains and losses. Realized gain or loss is recorded upon receipt or payment of a periodic settlement or termination of swap agreements. Net realized and unrealized gains or losses occurring during the holding period of swap agreements are a component of net realized gain (loss) on swap agreement transactions and change in net unrealized appreciation (depreciation) on swap agreements, respectively. The risks of entering into swap agreements include the possible lack of liquidity, failure of the counterparty to meet its obligations, and that there may be unfavorable changes in the underlying investments or instruments, including inflationary risk. The average notional exposure held during the period was as follows:

---

| | |
|:---|:---|
| Strategic Allocation: Conservative Fund | $8450000 |
| Strategic Allocation: Moderate Fund | $11800000 |
| Strategic Allocation: Aggressive Fund | $10850000 |

---

------

**7. Risk Factors**

The overall risk profile of a fund will be impacted by the fund's investment strategy, including the investment vehicles and techniques utilized to manage a portfolio. The net asset value of a fund will go up and down, sometimes rapidly or unpredictably, based on the performance of the securities owned by the fund and other factors generally affecting the securities market. Market risks, including political, regulatory, economic and social developments, can affect the value of a fund's investments. Natural disasters, public health emergencies, war, terrorism and other unforeseeable events may lead to increased market volatility and may have adverse long-term effects on world economies and markets generally.

**8. Federal Tax Information**

The book-basis character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. These differences reflect the differing character of certain income items and net realized gains and losses for financial statement and tax purposes, and may result in reclassification among certain capital accounts on the financial statements.

As of period end, the components of investments for federal income tax purposes were as follows:

---

| | | | |
|:---|:---|:---|:---|
| | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Aggressive Fund** |
| Federal tax cost of investments | $243134465 | $614992157 | $565743919 |
| Gross tax appreciation of investments | $52056922 | $193454126 | $225713271 |
| Gross tax depreciation of investments | (6774114) | (14858632) | (11653879) |
| Net tax appreciation (depreciation) of investments | $45282808 | $178595494 | $214059392 |

---

The difference between book-basis and tax-basis unrealized appreciation (depreciation), if any, is attributable primarily to the tax deferral of losses on wash sales.

**9. Investments in Affiliated Funds**

The funds do not invest in an affiliated fund for the purpose of exercising management or control; however, investments by the funds within their investment strategies may represent a significant portion of an affiliated fund's net assets.

------

Financial Highlights

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | | | | | |
| **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** |
| | | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Distributions From:** | **Distributions From:** | **Distributions From:** | | | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | | |
| | **Net Asset**<br>**Value,**<br>**Beginning**<br>**of Period** | **Net**<br>**Investment**<br>**Income**<br>**(Loss)**<sup>(1)</sup> | **Net**<br>**Realized**<br>**and**<br>**Unrealized**<br>**Gain (Loss)** | **Total From**<br>**Investment**<br>**Operations** | **Net<br>Investment<br>Income** | **Net<br>Realized<br>Gains** | **Total<br>Distributions** | **Net Asset Value,**<br>**End**<br>**of Period** | **Total**<br>**Return**<sup>(2)</sup> | **Operating<br>Expenses** | **Operating<br>Expenses<br>(before<br>expense<br>waiver)** | **Net<br>Investment<br>Income<br>(Loss)** | **Net Investment Income (Loss) (before expense<br>waiver)** | **Portfolio<br>Turnover<br>Rate** | **Net Assets, End of<br>Period (in<br>thousands)** |
| **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | | | | | | | | | | | |
| **Investor Class** | **Investor Class** | **Investor Class** | | | | | | | | | | | | | |
| 2026<sup>(3)</sup> | $5.65 | 0.07 | 0.27 | 0.34 | (0.08) | (0.17) | (0.25) | $5.74 | 6.08% | 0.70% | 1.01% | 2.26% | 1.95% | 41% | $114606 |
| 2025 | $5.63 | 0.14 | 0.28 | 0.42 | (0.14) | (0.26) | (0.40) | $5.65 | 7.85% | 0.72% | 1.01% | 2.48% | 2.19% | 95% | $110612 |
| 2024 | $5.26 | 0.13 | 0.35 | 0.48 | (0.11) | —<sup>(4)</sup> | (0.11) | $5.63 | 9.37% | 0.72% | 1.01% | 2.49% | 2.20% | 30% | $116902 |
| 2023 | $5.35 | 0.12 | 0.03 | 0.15 | (0.11) | (0.13) | (0.24) | $5.26 | 3.04% | 0.72% | 1.01% | 2.39% | 2.10% | 21% | $126027 |
| 2022 | $6.39 | 0.12 | (0.61) | (0.49) | (0.12) | (0.43) | (0.55) | $5.35 | (8.39)% | 0.72% | 1.01% | 2.00% | 1.71% | 40% | $136990 |
| 2021 | $5.65 | 0.08 | 0.92 | 1.00 | (0.07) | (0.19) | (0.26) | $6.39 | 18.09% | 0.76% | 1.00% | 1.38% | 1.14% | 57% | $167285 |
| **I Class** | **I Class** | **I Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $5.66 | 0.07 | 0.26 | 0.33 | (0.08) | (0.17) | (0.25) | $5.74 | 6.01% | 0.50% | 0.81% | 2.46% | 2.15% | 41% | $26354 |
| 2025 | $5.63 | 0.15 | 0.29 | 0.44 | (0.15) | (0.26) | (0.41) | $5.66 | 8.25% | 0.52% | 0.81% | 2.68% | 2.39% | 95% | $22912 |
| 2024 | $5.26 | 0.14 | 0.35 | 0.49 | (0.12) | —<sup>(4)</sup> | (0.12) | $5.63 | 9.59% | 0.52% | 0.81% | 2.69% | 2.40% | 30% | $22876 |
| 2023 | $5.35 | 0.13 | 0.03 | 0.16 | (0.12) | (0.13) | (0.25) | $5.26 | 3.24% | 0.52% | 0.81% | 2.59% | 2.30% | 21% | $24080 |
| 2022 | $6.40 | 0.13 | (0.62) | (0.49) | (0.13) | (0.43) | (0.56) | $5.35 | (8.35)% | 0.52% | 0.81% | 2.20% | 1.91% | 40% | $35548 |
| 2021 | $5.65 | 0.10 | 0.93 | 1.03 | (0.09) | (0.19) | (0.28) | $6.40 | 18.51% | 0.56% | 0.80% | 1.58% | 1.34% | 57% | $38058 |
| **A Class** | **A Class** | **A Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $5.65 | 0.06 | 0.26 | 0.32 | (0.07) | (0.17) | (0.24) | $5.73 | 5.76% | 0.95% | 1.26% | 2.01% | 1.70% | 41% | $68811 |
| 2025 | $5.62 | 0.12 | 0.30 | 0.42 | (0.13) | (0.26) | (0.39) | $5.65 | 7.77% | 0.97% | 1.26% | 2.23% | 1.94% | 95% | $68525 |
| 2024 | $5.25 | 0.12 | 0.35 | 0.47 | (0.10) | —<sup>(4)</sup> | (0.10) | $5.62 | 9.12% | 0.97% | 1.26% | 2.24% | 1.95% | 30% | $73419 |
| 2023 | $5.34 | 0.11 | 0.03 | 0.14 | (0.10) | (0.13) | (0.23) | $5.25 | 2.77% | 0.97% | 1.26% | 2.14% | 1.85% | 21% | $74616 |
| 2022 | $6.39 | 0.10 | (0.62) | (0.52) | (0.10) | (0.43) | (0.53) | $5.34 | (8.78)% | 0.97% | 1.26% | 1.75% | 1.46% | 40% | $79128 |
| 2021 | $5.65 | 0.07 | 0.92 | 0.99 | (0.06) | (0.19) | (0.25) | $6.39 | 17.79% | 1.01% | 1.25% | 1.13% | 0.89% | 57% | $92011 |
| **C Class** | **C Class** | **C Class** | **C Class** |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $5.49 | 0.04 | 0.26 | 0.30 | (0.05) | (0.17) | (0.22) | $5.57 | 5.51% | 1.70% | 2.01% | 1.26% | 0.95% | 41% | $4536 |
| 2025 | $5.48 | 0.08 | 0.27 | 0.35 | (0.08) | (0.26) | (0.34) | $5.49 | 6.76% | 1.72% | 2.01% | 1.48% | 1.19% | 95% | $4584 |
| 2024 | $5.12 | 0.08 | 0.34 | 0.42 | (0.06) | —<sup>(4)</sup> | (0.06) | $5.48 | 8.37% | 1.72% | 2.01% | 1.49% | 1.20% | 30% | $5172 |
| 2023 | $5.21 | 0.07 | 0.03 | 0.10 | (0.06) | (0.13) | (0.19) | $5.12 | 2.05% | 1.72% | 2.01% | 1.39% | 1.10% | 21% | $6118 |
| 2022 | $6.24 | 0.06 | (0.60) | (0.54) | (0.06) | (0.43) | (0.49) | $5.21 | (9.37)% | 1.72% | 2.01% | 1.00% | 0.71% | 40% | $8606 |
| 2021 | $5.53 | 0.02 | 0.90 | 0.92 | (0.02) | (0.19) | (0.21) | $6.24 | 16.90% | 1.76% | 2.00% | 0.38% | 0.14% | 57% | $11902 |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | | | | | |
| **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** |
| | | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Distributions From:** | **Distributions From:** | **Distributions From:** | | | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | | |
| | **Net Asset**<br>**Value,**<br>**Beginning**<br>**of Period** | **Net**<br>**Investment**<br>**Income**<br>**(Loss)**<sup>(1)</sup> | **Net**<br>**Realized**<br>**and**<br>**Unrealized**<br>**Gain (Loss)** | **Total From**<br>**Investment**<br>**Operations** | **Net<br>Investment<br>Income** | **Net<br>Realized<br>Gains** | **Total<br>Distributions** | **Net Asset Value,**<br>**End**<br>**of Period** | **Total**<br>**Return**<sup>(2)</sup> | **Operating<br>Expenses** | **Operating<br>Expenses<br>(before<br>expense<br>waiver)** | **Net<br>Investment<br>Income<br>(Loss)** | **Net Investment Income (Loss) (before expense<br>waiver)** | **Portfolio<br>Turnover<br>Rate** | **Net Assets, End of<br>Period (in<br>thousands)** |
| **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | **Strategic Allocation: Conservative Fund** | | | | | | | | | | | |
| **R Class** | **R Class** | **R Class** | | | | | | | | | | | | | |
| 2026<sup>(3)</sup> | $5.63 | 0.05 | 0.26 | 0.31 | (0.06) | (0.17) | (0.23) | $5.71 | 5.65% | 1.20% | 1.51% | 1.76% | 1.45% | 41% | $9844 |
| 2025 | $5.61 | 0.11 | 0.28 | 0.39 | (0.11) | (0.26) | (0.37) | $5.63 | 7.34% | 1.22% | 1.51% | 1.98% | 1.69% | 95% | $9525 |
| 2024 | $5.24 | 0.11 | 0.35 | 0.46 | (0.09) | —<sup>(4)</sup> | (0.09) | $5.61 | 8.86% | 1.22% | 1.51% | 1.99% | 1.70% | 30% | $9714 |
| 2023 | $5.32 | 0.10 | 0.03 | 0.13 | (0.08) | (0.13) | (0.21) | $5.24 | 2.72% | 1.22% | 1.51% | 1.89% | 1.60% | 21% | $8681 |
| 2022 | $6.37 | 0.09 | (0.62) | (0.53) | (0.09) | (0.43) | (0.52) | $5.32 | (9.04)% | 1.22% | 1.51% | 1.50% | 1.21% | 40% | $10251 |
| 2021 | $5.63 | 0.05 | 0.93 | 0.98 | (0.05) | (0.19) | (0.24) | $6.37 | 17.59% | 1.26% | 1.50% | 0.88% | 0.64% | 57% | $11768 |
| **R5 Class** | **R5 Class** | **R5 Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $5.66 | 0.07 | 0.26 | 0.33 | (0.08) | (0.17) | (0.25) | $5.74 | 6.00% | 0.50% | 0.81% | 2.46% | 2.15% | 41% | $11 |
| 2025 | $5.64 | 0.15 | 0.28 | 0.43 | (0.15) | (0.26) | (0.41) | $5.66 | 8.05% | 0.52% | 0.81% | 2.68% | 2.39% | 95% | $8 |
| 2024 | $5.27 | 0.14 | 0.35 | 0.49 | (0.12) | —<sup>(4)</sup> | (0.12) | $5.64 | 9.57% | 0.52% | 0.81% | 2.69% | 2.40% | 30% | $8 |
| 2023 | $5.36 | 0.13 | 0.03 | 0.16 | (0.12) | (0.13) | (0.25) | $5.27 | 3.23% | 0.52% | 0.81% | 2.59% | 2.30% | 21% | $9 |
| 2022 | $6.41 | 0.10 | (0.59) | (0.49) | (0.13) | (0.43) | (0.56) | $5.36 | (8.34)% | 0.52% | 0.81% | 2.20% | 1.91% | 40% | $8 |
| 2021 | $5.66 | 0.10 | 0.93 | 1.03 | (0.09) | (0.19) | (0.28) | $6.41 | 18.48% | 0.56% | 0.80% | 1.58% | 1.34% | 57% | $38543 |
| **R6 Class** | **R6 Class** | **R6 Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $5.66 | 0.08 | 0.26 | 0.34 | (0.09) | (0.17) | (0.26) | $5.74 | 6.09% | 0.35% | 0.66% | 2.61% | 2.30% | 41% | $61039 |
| 2025 | $5.63 | 0.16 | 0.29 | 0.45 | (0.16) | (0.26) | (0.42) | $5.66 | 8.41% | 0.37% | 0.66% | 2.83% | 2.54% | 95% | $60671 |
| 2024 | $5.26 | 0.15 | 0.35 | 0.50 | (0.13) | —<sup>(4)</sup> | (0.13) | $5.63 | 9.76% | 0.37% | 0.66% | 2.84% | 2.55% | 30% | $95526 |
| 2023 | $5.35 | 0.14 | 0.03 | 0.17 | (0.13) | (0.13) | (0.26) | $5.26 | 3.40% | 0.37% | 0.66% | 2.74% | 2.45% | 21% | $94974 |
| 2022 | $6.40 | 0.14 | (0.62) | (0.48) | (0.14) | (0.43) | (0.57) | $5.35 | (8.21)% | 0.37% | 0.66% | 2.35% | 2.06% | 40% | $87310 |
| 2021 | $5.66 | 0.10 | 0.93 | 1.03 | (0.10) | (0.19) | (0.29) | $6.40 | 18.48% | 0.41% | 0.65% | 1.73% | 1.49% | 57% | $92483 |

---

**Notes to Financial Highlights**

(1)Computed using average shares outstanding throughout the period.

(2)Total returns are calculated based on the net asset value of the last business day and do not reflect applicable sales charges, if any. Total returns for periods less than one year are not annualized.

(3)Six months ended January 31, 2026 (unaudited).

(4)Per-share amount was less than $0.005.

\*The amount shown for a share outstanding throughout the period may not correlate with the Statement of Operations or precisely reflect the class expense differentials due to the timing of transactions in shares of a fund in relation to income earned and/or fluctuations in the fair value of a fund's investments.

†Ratios for periods less than one year are annualized. Zero balances may reflect amounts less than 0.005%.

See Notes to Financial Statements.

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** |
| **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | | | | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | | |
| | | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Distributions From:** | **Distributions From:** | **Distributions From:** | | | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | | |
| | **Net Asset Value, Beginning<br>of Period** | **Net**<br>**Investment Income**<br>**(Loss)**<sup>(1)</sup> | **Net<br>Realized and Unrealized Gain (Loss)** | **Total From Investment Operations** | **Net<br>Investment Income** | **Net<br>Realized<br>Gains** | **Total Distributions** | **Net <br>Asset Value,<br>End of Period** | **Total**<br>**Return**<sup>(2)</sup> | **Operating Expenses** | **Operating Expenses<br>(before expense waiver)** | **Net<br>Investment Income<br>(Loss)** | **Net Investment Income (Loss) (before expense waiver)** | **Portfolio Turnover<br>Rate** | **Net <br>Assets,<br>End of Period (in thousands)** |
| **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | | | | | | | | | | | |
| **Investor Class** | **Investor Class** | **Investor Class** | | | | | | | | | | | | | |
| 2026<sup>(3)</sup> | $6.81 | 0.07 | 0.47 | 0.54 | (0.09) | (0.33) | (0.42) | $6.93 | 8.05% | 0.67% | 1.11% | 1.92% | 1.48% | 36% | $237555 |
| 2025 | $6.54 | 0.14 | 0.50 | 0.64 | (0.15) | (0.22) | (0.37) | $6.81 | 10.20% | 0.69% | 1.11% | 2.14% | 1.72% | 75% | $226765 |
| 2024 | $5.99 | 0.13 | 0.54 | 0.67 | (0.12) |  | (0.12) | $6.54 | 11.30% | 0.69% | 1.11% | 2.21% | 1.79% | 28% | $236663 |
| 2023 | $6.00 | 0.12 | 0.20 | 0.32 | (0.11) | (0.22) | (0.33) | $5.99 | 5.89% | 0.69% | 1.11% | 2.10% | 1.68% | 25% | $256440 |
| 2022 | $7.40 | 0.10 | (0.76) | (0.66) | (0.11) | (0.63) | (0.74) | $6.00 | (9.97)% | 0.70% | 1.12% | 1.55% | 1.13% | 39% | $262310 |
| 2021 | $6.25 | 0.07 | 1.43 | 1.50 | (0.07) | (0.28) | (0.35) | $7.40 | 24.69% | 0.73% | 1.11% | 1.01% | 0.63% | 48% | $332602 |
| **I Class** | **I Class** | **I Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $6.82 | 0.07 | 0.47 | 0.54 | (0.10) | (0.33) | (0.43) | $6.93 | 8.00% | 0.47% | 0.91% | 2.12% | 1.68% | 36% | $86325 |
| 2025 | $6.55 | 0.15 | 0.50 | 0.65 | (0.16) | (0.22) | (0.38) | $6.82 | 10.42% | 0.49% | 0.91% | 2.34% | 1.92% | 75% | $73791 |
| 2024 | $6.00 | 0.15 | 0.53 | 0.68 | (0.13) |  | (0.13) | $6.55 | 11.50% | 0.49% | 0.91% | 2.41% | 1.99% | 28% | $76385 |
| 2023 | $6.00 | 0.13 | 0.21 | 0.34 | (0.12) | (0.22) | (0.34) | $6.00 | 6.28% | 0.49% | 0.91% | 2.30% | 1.88% | 25% | $55900 |
| 2022 | $7.40 | 0.12 | (0.77) | (0.65) | (0.12) | (0.63) | (0.75) | $6.00 | (9.80)% | 0.50% | 0.92% | 1.75% | 1.33% | 39% | $56679 |
| 2021 | $6.25 | 0.08 | 1.44 | 1.52 | (0.09) | (0.28) | (0.37) | $7.40 | 24.93% | 0.53% | 0.91% | 1.21% | 0.83% | 48% | $71639 |
| **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** |
| 2026<sup>(3)</sup> | $6.78 | 0.06 | 0.46 | 0.52 | (0.08) | (0.33) | (0.41) | $6.89 | 7.79% | 0.92% | 1.36% | 1.67% | 1.23% | 36% | $268608 |
| 2025 | $6.51 | 0.12 | 0.50 | 0.62 | (0.13) | (0.22) | (0.35) | $6.78 | 9.98% | 0.94% | 1.36% | 1.89% | 1.47% | 75% | $261797 |
| 2024 | $5.97 | 0.12 | 0.52 | 0.64 | (0.10) |  | (0.10) | $6.51 | 10.89% | 0.94% | 1.36% | 1.96% | 1.54% | 28% | $263506 |
| 2023 | $5.97 | 0.11 | 0.20 | 0.31 | (0.09) | (0.22) | (0.31) | $5.97 | 5.82% | 0.94% | 1.36% | 1.85% | 1.43% | 25% | $267677 |
| 2022 | $7.37 | 0.09 | (0.77) | (0.68) | (0.09) | (0.63) | (0.72) | $5.97 | (10.26)% | 0.95% | 1.37% | 1.30% | 0.88% | 39% | $280223 |
| 2021 | $6.22 | 0.05 | 1.44 | 1.49 | (0.06) | (0.28) | (0.34) | $7.37 | 24.48% | 0.98% | 1.36% | 0.76% | 0.38% | 48% | $342835 |
| **C Class** | **C Class** | **C Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $6.55 | 0.03 | 0.45 | 0.48 | (0.06) | (0.33) | (0.39) | $6.64 | 7.34% | 1.67% | 2.11% | 0.92% | 0.48% | 36% | $8884 |
| 2025 | $6.31 | 0.07 | 0.49 | 0.56 | (0.10) | (0.22) | (0.32) | $6.55 | 9.15% | 1.69% | 2.11% | 1.14% | 0.72% | 75% | $9286 |
| 2024 | $5.79 | 0.07 | 0.51 | 0.58 | (0.06) |  | (0.06) | $6.31 | 10.09% | 1.69% | 2.11% | 1.21% | 0.79% | 28% | $12208 |
| 2023 | $5.81 | 0.06 | 0.21 | 0.27 | (0.07) | (0.22) | (0.29) | $5.79 | 5.12% | 1.69% | 2.11% | 1.10% | 0.68% | 25% | $14930 |
| 2022 | $7.19 | 0.03 | (0.73) | (0.70) | (0.05) | (0.63) | (0.68) | $5.81 | (10.90)% | 1.70% | 2.12% | 0.55% | 0.13% | 39% | $18764 |
| 2021 | $6.10 | —<sup>(4)</sup> | 1.39 | 1.39 | (0.02) | (0.28) | (0.30) | $7.19 | 23.55% | 1.73% | 2.11% | 0.01% | (0.37)% | 48% | $28683 |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** |
| **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | **Per-Share Data** | | | | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | | |
| | | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Distributions From:** | **Distributions From:** | **Distributions From:** | | | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | | |
| | **Net Asset Value, Beginning<br>of Period** | **Net**<br>**Investment Income**<br>**(Loss)**<sup>(1)</sup> | **Net<br>Realized and Unrealized Gain (Loss)** | **Total From Investment Operations** | **Net<br>Investment Income** | **Net<br>Realized<br>Gains** | **Total Distributions** | **Net <br>Asset Value,<br>End of Period** | **Total**<br>**Return**<sup>(2)</sup> | **Operating Expenses** | **Operating Expenses<br>(before expense waiver)** | **Net<br>Investment Income<br>(Loss)** | **Net Investment Income (Loss) (before expense waiver)** | **Portfolio Turnover<br>Rate** | **Net <br>Assets,<br>End of Period (in thousands)** |
| **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | **Strategic Allocation: Moderate Fund** | | | | | | | | | | | |
| **R Class** | **R Class** | **R Class** | | | | | | | | | | | | | |
| 2026<sup>(3)</sup> | $6.70 | 0.05 | 0.46 | 0.51 | (0.07) | (0.33) | (0.40) | $6.81 | 7.75% | 1.17% | 1.61% | 1.42% | 0.98% | 36% | $26266 |
| 2025 | $6.44 | 0.11 | 0.49 | 0.60 | (0.12) | (0.22) | (0.34) | $6.70 | 9.70% | 1.19% | 1.61% | 1.64% | 1.22% | 75% | $26412 |
| 2024 | $5.91 | 0.10 | 0.52 | 0.62 | (0.09) |  | (0.09) | $6.44 | 10.55% | 1.19% | 1.61% | 1.71% | 1.29% | 28% | $27204 |
| 2023 | $5.91 | 0.09 | 0.21 | 0.30 | (0.08) | (0.22) | (0.30) | $5.91 | 5.65% | 1.19% | 1.61% | 1.60% | 1.18% | 25% | $25907 |
| 2022 | $7.31 | 0.07 | (0.76) | (0.69) | (0.08) | (0.63) | (0.71) | $5.91 | (10.56)% | 1.20% | 1.62% | 1.05% | 0.63% | 39% | $30086 |
| 2021 | $6.17 | 0.03 | 1.43 | 1.46 | (0.04) | (0.28) | (0.32) | $7.31 | 24.23% | 1.23% | 1.61% | 0.51% | 0.13% | 48% | $38353 |
| **R5 Class** | **R5 Class** | **R5 Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $6.83 | 0.07 | 0.47 | 0.54 | (0.10) | (0.33) | (0.43) | $6.94 | 7.99% | 0.47% | 0.91% | 2.12% | 1.68% | 36% | $13 |
| 2025 | $6.55 | 0.15 | 0.51 | 0.66 | (0.16) | (0.22) | (0.38) | $6.83 | 10.57% | 0.49% | 0.91% | 2.34% | 1.92% | 75% | $9 |
| 2024 | $6.00 | 0.14 | 0.54 | 0.68 | (0.13) |  | (0.13) | $6.55 | 11.50% | 0.49% | 0.91% | 2.41% | 1.99% | 28% | $9 |
| 2023 | $6.00 | 0.14 | 0.20 | 0.34 | (0.12) | (0.22) | (0.34) | $6.00 | 6.27% | 0.49% | 0.91% | 2.30% | 1.88% | 25% | $688 |
| 2022 | $7.41 | 0.09 | (0.75) | (0.66) | (0.12) | (0.63) | (0.75) | $6.00 | (9.92)% | 0.50% | 0.92% | 1.75% | 1.33% | 39% | $470 |
| 2021 | $6.25 | 0.08 | 1.45 | 1.53 | (0.09) | (0.28) | (0.37) | $7.41 | 25.10% | 0.53% | 0.91% | 1.21% | 0.83% | 48% | $7768 |
| **R6 Class** | **R6 Class** | **R6 Class** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026<sup>(3)</sup> | $6.80 | 0.08 | 0.47 | 0.55 | (0.11) | (0.33) | (0.44) | $6.91 | 8.10% | 0.32% | 0.76% | 2.27% | 1.83% | 36% | $149951 |
| 2025 | $6.53 | 0.16 | 0.50 | 0.66 | (0.17) | (0.22) | (0.39) | $6.80 | 10.61% | 0.34% | 0.76% | 2.49% | 2.07% | 75% | $141748 |
| 2024 | $5.99 | 0.16 | 0.52 | 0.68 | (0.14) |  | (0.14) | $6.53 | 11.52% | 0.34% | 0.76% | 2.56% | 2.14% | 28% | $138125 |
| 2023 | $5.99 | 0.14 | 0.21 | 0.35 | (0.13) | (0.22) | (0.35) | $5.99 | 6.45% | 0.34% | 0.76% | 2.45% | 2.03% | 25% | $132562 |
| 2022 | $7.39 | 0.13 | (0.77) | (0.64) | (0.13) | (0.63) | (0.76) | $5.99 | (9.67)% | 0.35% | 0.77% | 1.90% | 1.48% | 39% | $113859 |
| 2021 | $6.24 | 0.09 | 1.44 | 1.53 | (0.10) | (0.28) | (0.38) | $7.39 | 25.17% | 0.38% | 0.76% | 1.36% | 0.98% | 48% | $134426 |

---

**Notes to Financial Highlights**

(1)Computed using average shares outstanding throughout the period.

(2)Total returns are calculated based on the net asset value of the last business day and do not reflect applicable sales charges, if any. Total returns for periods less than one year are not annualized.

(3)Six months ended January 31, 2026 (unaudited).

(4)Per-share amount was less than $0.005.

\*The amount shown for a share outstanding throughout the period may not correlate with the Statement of Operations or precisely reflect the class expense differentials due to the timing of transactions in shares of a fund in relation to income earned and/or fluctuations in the fair value of a fund's investments.

†Ratios for periods less than one year are annualized. Zero balances may reflect amounts less than 0.005%.

See Notes to Financial Statements.

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** |
| **Per-Share Data** | **Per-Share Data** | | | | | | | | | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | |
| | | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Distributions From:** | **Distributions From:** | **Distributions From:** | | | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | | |
| | **Net Asset<br>Value,<br>Beginning<br>of Period** | **Net**<br>**Investment**<br>**Income**<br>**(Loss)**<sup>(1)</sup> | **Net <br>Realized <br>and <br>Unrealized <br>Gain (Loss)** | **Total From<br>Investment<br>Operations** | **Net<br>Investment<br>Income** | **Net<br>Realized<br>Gains** | **Total<br>Distributions** | **Net <br>Asset<br>Value,<br>End<br>of Period** | **Total**<br>**Return**<sup>(2)</sup> | **Operating<br>Expenses** | **Operating<br>Expenses<br>(before<br>expense<br>waiver)** | **Net<br>Investment<br>Income<br>(Loss)** | **Net<br>Investment<br>Income<br>(Loss)<br>(before<br>expense<br>waiver)** | **Portfolio<br>Turnover<br>Rate** | **Net<br>Assets,<br>End of<br>Period<br>(in thousands)** |
| **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | | | | | | | | | | | |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2026<sup>(3)</sup> | $8.56 | 0.07 | 0.73 | 0.80 | (0.16) | (0.44) | (0.60) | $8.76 | 9.49% | 0.61% | 1.16% | 1.60% | 1.05% | 32% | $263823 |
| 2025 | $8.15 | 0.16 | 0.80 | 0.96 | (0.15) | (0.40) | (0.55) | $8.56 | 12.26% | 0.62% | 1.16% | 1.90% | 1.36% | 60% | $249750 |
| 2024 | $7.39 | 0.14 | 0.80 | 0.94 | (0.14) | (0.04) | (0.18) | $8.15 | 12.93% | 0.62% | 1.16% | 1.88% | 1.34% | 29% | $250281 |
| 2023 | $7.20 | 0.13 | 0.42 | 0.55 | (0.11) | (0.25) | (0.36) | $7.39 | 8.35% | 0.63% | 1.17% | 1.85% | 1.31% | 28% | $249998 |
| 2022 | $9.09 | 0.13 | (0.93) | (0.80) | (0.14) | (0.95) | (1.09) | $7.20 | (10.38)% | 0.63% | 1.17% | 1.61% | 1.07% | 36% | $250891 |
| 2021 | $7.45 | 0.08 | 2.09 | 2.17 | (0.06) | (0.47) | (0.53) | $9.09 | 30.04% | 0.67% | 1.16% | 0.95% | 0.46% | 44% | $316039 |
| **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** | **I Class** |
| 2026<sup>(3)</sup> | $8.46 | 0.08 | 0.71 | 0.79 | (0.17) | (0.44) | (0.61) | $8.64 | 9.58% | 0.41% | 0.96% | 1.80% | 1.25% | 32% | $33523 |
| 2025 | $8.06 | 0.17 | 0.80 | 0.97 | (0.17) | (0.40) | (0.57) | $8.46 | 12.51% | 0.42% | 0.96% | 2.10% | 1.56% | 60% | $31773 |
| 2024 | $7.31 | 0.15 | 0.79 | 0.94 | (0.15) | (0.04) | (0.19) | $8.06 | 13.16% | 0.42% | 0.96% | 2.08% | 1.54% | 29% | $32894 |
| 2023 | $7.13 | 0.14 | 0.42 | 0.56 | (0.13) | (0.25) | (0.38) | $7.31 | 8.51% | 0.43% | 0.97% | 2.05% | 1.51% | 28% | $57065 |
| 2022 | $9.02 | 0.15 | (0.93) | (0.78) | (0.16) | (0.95) | (1.11) | $7.13 | (10.28)% | 0.43% | 0.97% | 1.81% | 1.27% | 36% | $60934 |
| 2021 | $7.40 | 0.10 | 2.07 | 2.17 | (0.08) | (0.47) | (0.55) | $9.02 | 30.42% | 0.47% | 0.96% | 1.15% | 0.66% | 44% | $55466 |
| **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** | **A Class** |
| 2026<sup>(3)</sup> | $8.67 | 0.06 | 0.73 | 0.79 | (0.13) | (0.44) | (0.57) | $8.89 | 9.33% | 0.86% | 1.41% | 1.35% | 0.80% | 32% | $162222 |
| 2025 | $8.25 | 0.14 | 0.81 | 0.95 | (0.13) | (0.40) | (0.53) | $8.67 | 11.95% | 0.87% | 1.41% | 1.65% | 1.11% | 60% | $154934 |
| 2024 | $7.48 | 0.12 | 0.81 | 0.93 | (0.12) | (0.04) | (0.16) | $8.25 | 12.63% | 0.87% | 1.41% | 1.63% | 1.09% | 29% | $150330 |
| 2023 | $7.28 | 0.11 | 0.44 | 0.55 | (0.10) | (0.25) | (0.35) | $7.48 | 8.12% | 0.88% | 1.42% | 1.60% | 1.06% | 28% | $146576 |
| 2022 | $9.18 | 0.11 | (0.94) | (0.83) | (0.12) | (0.95) | (1.07) | $7.28 | (10.64)% | 0.88% | 1.42% | 1.36% | 0.82% | 36% | $144188 |
| 2021 | $7.52 | 0.06 | 2.11 | 2.17 | (0.04) | (0.47) | (0.51) | $9.18 | 29.69% | 0.92% | 1.41% | 0.70% | 0.21% | 44% | $177147 |
| **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** | **C Class** |
| 2026<sup>(3)</sup> | $8.30 | 0.03 | 0.70 | 0.73 | (0.07) | (0.44) | (0.51) | $8.52 | 8.90% | 1.61% | 2.16% | 0.60% | 0.05% | 32% | $13094 |
| 2025 | $7.91 | 0.07 | 0.79 | 0.86 | (0.07) | (0.40) | (0.47) | $8.30 | 11.20% | 1.62% | 2.16% | 0.90% | 0.36% | 60% | $13074 |
| 2024 | $7.18 | 0.06 | 0.77 | 0.83 | (0.06) | (0.04) | (0.10) | $7.91 | 11.73% | 1.62% | 2.16% | 0.88% | 0.34% | 29% | $13504 |
| 2023 | $7.00 | 0.06 | 0.41 | 0.47 | (0.04) | (0.25) | (0.29) | $7.18 | 7.29% | 1.63% | 2.17% | 0.85% | 0.31% | 28% | $14782 |
| 2022 | $8.86 | 0.05 | (0.91) | (0.86) | (0.05) | (0.95) | (1.00) | $7.00 | (11.30)% | 1.63% | 2.17% | 0.61% | 0.07% | 36% | $16652 |
| 2021 | $7.29 | (0.01) | 2.05 | 2.04 |  | (0.47) | (0.47) | $8.86 | 28.76% | 1.67% | 2.16% | (0.05)% | (0.54)% | 44% | $23338 |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** | **For a Share Outstanding Throughout the Years Ended July 31 (except as noted)** |
| **Per-Share Data** | **Per-Share Data** | | | | | | | | | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | **Ratios and Supplemental Data** | |
| | | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Income From Investment Operations\*:** | **Distributions From:** | **Distributions From:** | **Distributions From:** | | | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | **Ratio to Average Net Assets of**<sup>†</sup>**:** | | |
| | **Net Asset<br>Value,<br>Beginning<br>of Period** | **Net**<br>**Investment**<br>**Income**<br>**(Loss)**<sup>(1)</sup> | **Net <br>Realized <br>and <br>Unrealized <br>Gain (Loss)** | **Total From<br>Investment<br>Operations** | **Net<br>Investment<br>Income** | **Net<br>Realized<br>Gains** | **Total<br>Distributions** | **Net <br>Asset<br>Value,<br>End<br>of Period** | **Total**<br>**Return**<sup>(2)</sup> | **Operating<br>Expenses** | **Operating<br>Expenses<br>(before<br>expense<br>waiver)** | **Net<br>Investment<br>Income<br>(Loss)** | **Net<br>Investment<br>Income<br>(Loss)<br>(before<br>expense<br>waiver)** | **Portfolio<br>Turnover<br>Rate** | **Net<br>Assets,<br>End of<br>Period<br>(in thousands)** |
| **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | **Strategic Allocation: Aggressive Fund** | | | | | | | | | | | |
| **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** | **R Class** |
| 2026<sup>(3)</sup> | $8.65 | 0.05 | 0.74 | 0.79 | (0.11) | (0.44) | (0.55) | $8.89 | 9.31% | 1.11% | 1.66% | 1.10% | 0.55% | 32% | $15304 |
| 2025 | $8.23 | 0.12 | 0.81 | 0.93 | (0.11) | (0.40) | (0.51) | $8.65 | 11.69% | 1.12% | 1.66% | 1.40% | 0.86% | 60% | $14660 |
| 2024 | $7.46 | 0.11 | 0.80 | 0.91 | (0.10) | (0.04) | (0.14) | $8.23 | 12.38% | 1.12% | 1.66% | 1.38% | 0.84% | 29% | $14413 |
| 2023 | $7.27 | 0.09 | 0.43 | 0.52 | (0.08) | (0.25) | (0.33) | $7.46 | 7.71% | 1.13% | 1.67% | 1.35% | 0.81% | 28% | $14296 |
| 2022 | $9.17 | 0.09 | (0.95) | (0.86) | (0.09) | (0.95) | (1.04) | $7.27 | (10.88)% | 1.13% | 1.67% | 1.11% | 0.57% | 36% | $15518 |
| 2021 | $7.51 | 0.04 | 2.11 | 2.15 | (0.02) | (0.47) | (0.49) | $9.17 | 29.58% | 1.17% | 1.66% | 0.45% | (0.04)% | 44% | $18729 |
| **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** | **R5 Class** |
| 2026<sup>(3)</sup> | $8.47 | 0.05 | 0.74 | 0.79 | (0.17) | (0.44) | (0.61) | $8.65 | 9.58% | 0.41% | 0.96% | 1.80% | 1.25% | 32% | $101 |
| 2025 | $8.07 | 0.17 | 0.80 | 0.97 | (0.17) | (0.40) | (0.57) | $8.47 | 12.49% | 0.42% | 0.96% | 2.10% | 1.56% | 60% | $15 |
| 2024 | $7.32 | 0.15 | 0.79 | 0.94 | (0.15) | (0.04) | (0.19) | $8.07 | 13.14% | 0.42% | 0.96% | 2.08% | 1.54% | 29% | $13 |
| 2023 | $7.13 | 0.15 | 0.42 | 0.57 | (0.13) | (0.25) | (0.38) | $7.32 | 8.66% | 0.43% | 0.97% | 2.05% | 1.51% | 28% | $22 |
| 2022 | $9.02 | 0.15 | (0.93) | (0.78) | (0.16) | (0.95) | (1.11) | $7.13 | (10.28)% | 0.43% | 0.97% | 1.81% | 1.27% | 36% | $16 |
| 2021 | $7.40 | 0.10 | 2.07 | 2.17 | (0.08) | (0.47) | (0.55) | $9.02 | 30.24% | 0.47% | 0.96% | 1.15% | 0.66% | 44% | $15 |
| **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** | **R6 Class** |
| 2026<sup>(3)</sup> | $8.42 | 0.09 | 0.72 | 0.81 | (0.19) | (0.44) | (0.63) | $8.60 | 9.80% | 0.26% | 0.81% | 1.95% | 1.40% | 32% | $244124 |
| 2025 | $8.03 | 0.18 | 0.79 | 0.97 | (0.18) | (0.40) | (0.58) | $8.42 | 12.60% | 0.27% | 0.81% | 2.25% | 1.71% | 60% | $230581 |
| 2024 | $7.29 | 0.17 | 0.77 | 0.94 | (0.16) | (0.04) | (0.20) | $8.03 | 13.23% | 0.27% | 0.81% | 2.23% | 1.69% | 29% | $201078 |
| 2023 | $7.11 | 0.15 | 0.42 | 0.57 | (0.14) | (0.25) | (0.39) | $7.29 | 8.71% | 0.28% | 0.82% | 2.20% | 1.66% | 28% | $183818 |
| 2022 | $8.99 | 0.16 | (0.92) | (0.76) | (0.17) | (0.95) | (1.12) | $7.11 | (10.05)% | 0.28% | 0.82% | 1.96% | 1.42% | 36% | $162186 |
| 2021 | $7.38 | 0.11 | 2.06 | 2.17 | (0.09) | (0.47) | (0.56) | $8.99 | 30.57% | 0.32% | 0.81% | 1.30% | 0.81% | 44% | $268579 |

---

**Notes to Financial Highlights**

(1)Computed using average shares outstanding throughout the period.

(2)Total returns are calculated based on the net asset value of the last business day and do not reflect applicable sales charges, if any. Total returns for periods less than one year are not annualized.

(3)Six months ended January 31, 2026 (unaudited).

\*The amount shown for a share outstanding throughout the period may not correlate with the Statement of Operations or precisely reflect the class expense differentials due to the timing of transactions in shares of a fund in relation to income earned and/or fluctuations in the fair value of a fund's investments.

†Ratios for periods less than one year are annualized. Zero balances may reflect amounts less than 0.005%.

See Notes to Financial Statements.

------

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| | |
|:---|:---|
| Contact Us | americancentury.com |
| Automated Information Line | 1-800-345-8765 |
| Investor Services Representative | 1-800-345-2021<br>or 816-531-5575 |
| Banks and Trust Companies, Broker-Dealers, Financial Professionals, Insurance Companies | 1-800-345-6488 |
| *This report and the statements it contains are submitted for the general information of our shareholders. The report is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.* | *This report and the statements it contains are submitted for the general information of our shareholders. The report is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.* |
| **©2026 American Century Proprietary Holdings, Inc. All rights reserved.<br>CL-SAN-92640 2603** | **©2026 American Century Proprietary Holdings, Inc. All rights reserved.<br>CL-SAN-92640 2603** |

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------

(b) The information required by Item 13 of Form N-1A is included as part of the financial statements filed under Item 7(a) of this Form.

**ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.**

None.

**ITEM 9. PROXY DISCLOSURES FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.**

None.

**ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.**

The remuneration paid to directors, officers and others is included as part of the financial statements and other information filed under Item 7 of this Form.

**ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.**

None. <br>

**ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.**

Not applicable.

**ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.**

Not applicable.

**ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.**

Not applicable.

**ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.**

During the reporting period, there were no material changes to the procedures by which shareholders may recommend nominees to the registrant's board.

**ITEM 16. CONTROLS AND PROCEDURES.**

(a) The registrant's principal executive officer and principal financial officer have concluded that the 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) There were no changes in the 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, the registrant's internal control over financial reporting.

**ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.**

Not applicable.

**ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.**

(a) Not applicable.

(b) Not applicable.

**ITEM 19. EXHIBITS.** 

(a)(1) Not applicable for semiannual report filings.

(a)(2) Not applicable for semiannual report filings.

(a)(3) <u>[Separate certifications by the registrant's principal executive officer and principal financial officer](acsaan-csrexx99cert.htm)</u>, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are filed and attached hereto as EX-99.CERT.

(a)(4) Not applicable.

(a)(5) Not applicable.

(b) <u>[A certification by the registrant's chief executive officer and chief financial officer](acsaan-csrexx99906cert.htm)</u>, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, is furnished and attached hereto as EX- 99.906CERT.

------

**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.

---

| | | |
|:---|:---|:---|
| Registrant: | American Century Strategic Asset Allocations, Inc. | American Century Strategic Asset Allocations, Inc. |
| By: | /s/ Patrick Bannigan | /s/ Patrick Bannigan |
|  | Name: | Patrick Bannigan |
|  | Title: | President |
| Date: | March 27, 2026 | March 27, 2026 |

---

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.

---

| | | |
|:---|:---|:---|
| By: | /s/ Patrick Bannigan | /s/ Patrick Bannigan |
|  | Name: | Patrick Bannigan |
|  | Title: | President |
|  |  | (principal executive officer) |
| Date: | March 27, 2026 | March 27, 2026 |

---

---

| | | |
|:---|:---|:---|
| By: | /s/ R. Wes Campbell | /s/ R. Wes Campbell |
|  | Name: | R. Wes Campbell |
|  | Title: | Treasurer and |
|  |  | Chief Financial Officer |
|  |  | (principal financial officer) |
| Date: | March 27, 2026 | March 27, 2026 |

---

## Ex-99

EX-99.CERT

CERTIFICATIONS

I, Patrick Bannigan, certify that:

1. I have reviewed this report on Form N-CSR of American Century Strategic Asset Allocations, Inc.;

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. The registrant's other certifying officer 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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 and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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: | March 27, 2026 |
| /s/ Patrick Bannigan | /s/ Patrick Bannigan |
| Patrick Bannigan | Patrick Bannigan |
| President | President |
| (principal executive officer) | (principal executive officer) |

---

------

I, R. Wes Campbell, certify that:

1. I have reviewed this report on Form N-CSR of American Century Strategic Asset Allocations, Inc.;

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. The registrant's other certifying officer 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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 and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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: | March 27, 2026 |
| /s/ R. Wes Campbell | /s/ R. Wes Campbell |
| R. Wes Campbell | R. Wes Campbell |
| Treasurer and Chief Financial Officer | Treasurer and Chief Financial Officer |
| (principal financial officer) | (principal financial officer) |

---

## Exhibit 99.906

EX-99.906CERT

**CERTIFICATION** 

**<u>PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002</u>**

&nbsp;&nbsp;&nbsp;&nbsp;

In connection with the shareholder report of American Century Strategic Asset Allocations, Inc. (the "Registrant") on Form N-CSR for the period ending January 31, 2026 (the "Report"), we, the undersigned, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Report fully complies with the requirements of Section 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

---

| | | | |
|:---|:---|:---|:---|
| Date: | March 27, 2026 |  |  |
|  |  | By: | /s/ Patrick Bannigan |
|  |  |  | Patrick Bannigan |
|  |  |  | President |
|  |  |  | (chief executive officer) |
|  |  | By: | /s/ R. Wes Campbell |
|  |  |  | R. Wes Campbell |
|  |  |  | Treasurer and Chief Financial Officer |
|  |  |  | (chief financial officer) |

---

<br>