| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VEREIT OPERATING PARTNER 2.2% 06/15/2028 SR LIEN | 321,363 | 333,196 |
| PHILIP MORRIS INTL INC 0.875% 05/01/2026 SR LIEN | 313,838 | 316,762 |
| BANK OF AMERICA CORPORATION MTN 3.3% 01/11/2023 USD SER L SR LIEN | 306,688 | 311,980 |
| APPLE INC. 3.25% 02/23/2026 USD SR LIEN | 307,879 | 311,786 |
| TORONTO-DOMINION BANK (THE) MTN 0.75% 06/12/2023 USD SR LIEN | 307,083 | 308,351 |
| ROYAL BANK OF CANADA MTN 0.5% 10/26/2023 SR LIEN | 304,811 | 306,959 |
| PACCAR FINANCIAL CORP MTN 1.8% 02/06/2025 USD SR LIEN | 286,920 | 290,111 |
| BRISTOL-MYERS SQUIBB CO 1.45% 11/13/2030 SR LIEN | 269,549 | 271,853 |
| CITIGROUP INC. 2.35% 08/02/2021 USD SR LIEN | 263,211 | 265,558 |
| PROCTER & GAMBLE CO/THE 1.2% 10/29/2030 SR LIEN | 248,875 | 250,852 |
| LOWE'S COMPANIES INC 1.7% 10/15/2030 SR LIEN | 245,994 | 249,027 |
| BANCO SANTANDER, S.A. 4.25% 04/11/2027 USD SR LIEN | 228,831 | 233,241 |
| DOMINION ENERGY INC STEP 08/15/2021 USD JRSUB LIEN 2.715% 06/27/19-08/15/21 | 228,034 | 230,084 |
| BNP PARIBAS MTN 4.25% 10/15/2024 USD SUB LIEN | 222,880 | 226,982 |
| MITSUBISHI UFJ FINANCIAL GROUP 3.535% 07/26/2021 USD SR LIEN | 193,478 | 196,337 |
| CANADIAN IMPERIAL BANK OF COMM 0.95% 10/23/2025 SR LIEN | 189,926 | 193,043 |
| CATERPILLAR FINL SERVICE MTN 0.95% 05/13/2022 USD SR LIEN | 191,697 | 191,947 |
| GOLDMAN SACHS BANK USA DEPOSIT (BDA) | 187,257 | 187,258 |
| VERIZON COMMUNICATIONS, INC. 1.75% 01/20/2031 SR LIEN | 179,181 | 179,459 |
| FRANKLIN RESOURCES INC 1.6% 10/30/2030 SR LIEN | 174,580 | 174,612 |
| SHIRE ACQUISITIONS INVESTMENTS 2.4% 09/23/2021 USD SR LIEN | 172,301 | 173,327 |
| MORGAN STANLEY MTN 3.125% 01/23/2023 USD SR LIEN | 158,154 | 160,363 |
| WELLS FARGO & COMPANY HYBRID MTN 06/02/2028 USD SR LIEN CPN 06/02/20 2.393% | 155,803 | 159,982 |
| ENERGY TRANSFER OPERATNG 5.875% 01/15/2024 USD SR LIEN | 148,165 | 155,409 |
| STRYKER CORP 0.6% 12/01/2023 SR LIEN | 154,865 | 155,343 |
| MORGAN STANLEY HYBRID MTN 10/21/2025 SER I SR LIEN CPN 10/21/20 0.864% | 150,000 | 151,485 |
| ORACLE CORPORATION 1.9% 09/15/2021 USD SR LIEN | 136,407 | 137,115 |
| AMERICAN HONDA FINANCE MTN 0.4% 10/21/2022 SR LIEN | 134,960 | 135,295 |
| MPLX LP 4.125% 03/01/2027 USD SR LIEN | 130,002 | 134,215 |
| CIGNA CORPORATION 3.75% 07/15/2023 USD SER WI SR LIEN | 128,583 | 131,803 |
| U.S. BANCORP MTN 1.375% 07/22/2030 SR LIEN | 129,167 | 131,109 |
| NORTHROP GRUMMAN CORPORATION 3.2% 02/01/2027 USD SR LIEN | 126,658 | 131,005 |
| ORACLE CORPORATION 2.5% 04/01/2025 USD SR LIEN | 127,614 | 129,721 |
| ROPER TECHNOLOGIES INC 3.65% 09/15/2023 USD SR LIEN | 123,698 | 126,016 |
| MONDELEZ INTERNATIONAL, INC. 0.625% 07/01/2022 USD SR LIEN | 124,983 | 125,931 |
| KEURIG DR PEPPER INC. 4.057% 05/25/2023 USD SR LIEN | 118,193 | 119,963 |
| CATERPILLAR FINL SERVICE 0.65% 07/07/2023 SR LIEN | 114,936 | 116,323 |
| HP ENTERPRISE CO 1.75% 04/01/2026 SR LIEN | 104,811 | 109,582 |
| AMAZON.COM, INC. 1.2% 06/03/2027 USD SR LIEN | 105,642 | 107,213 |
| THERMO FISHER SCIENTIFIC INC. 3.0% 04/15/2023 SR LIEN | 104,964 | 106,172 |
| JPMORGAN CHASE & CO. HYBRID 04/01/2023 USD SR LIEN CPN 03/22/19 3.207% | 103,355 | 104,433 |
| MOODY'S CORPORATION 3.75% 03/24/2025 USD SR LIEN | 100,747 | 101,978 |
| ENTERGY LOUISIANA LLC 0.62% 11/17/2023 SR LIEN | 99,982 | 100,396 |
| BANK OF MONTREAL HYBRID 12/15/2032 USD SUB LIEN CPN 12/12/17-12/14/27 3.803% | 96,210 | 96,490 |
| BP CAP MARKETS AMERICA 2.75% 05/10/2023 USD SER * SR LIEN | 94,283 | 95,277 |
| AEP TEXAS INC 2.1% 07/01/2030 SER I SR LIEN | 89,637 | 95,036 |
| HEWLETT PACKARD ENTERPRISE COM STEP 10/15/2025 SER WI SR LIEN M-W+45.00BP 4. | 92,382 | 94,424 |
| AIR LEASE CORP 2.75% 01/15/2023 USD SR LIEN | 92,702 | 94,172 |
| KIMCO REALTY CORP 3.8% 04/01/2027 USD SR LIEN | 90,421 | 91,262 |
| AT&T INC. 2.3% 06/01/2027 USD SER * SR LIEN | 89,691 | 90,819 |
| XYLEM INC 2.25% 01/30/2031 SR LIEN | 84,332 | 90,503 |
| JEFFERIES GROUP, INC. 5.125% 01/20/2023 USD SR LIEN | 86,013 | 89,229 |
| INTUIT INC 1.65% 07/15/2030 SR LIEN | 79,808 | 82,811 |
| AT&T INC. 2.25% 02/01/2032 SR LIEN | 79,855 | 81,889 |
| HONEYWELL INTERNATIONAL INC. 3.35% 12/01/2023 USD SR LIEN | 75,519 | 76,421 |
| SOUTHERN COMPANY GAS CAPITAL C 1.75% 01/15/2031 SER 20-A SR LIEN | 74,753 | 76,258 |
| CVS HEALTH CORPORATION 4.3% 03/25/2028 USD SR LIEN | 69,157 | 72,086 |
| HONEYWELL INTERNATIONAL INC. 0.483% 08/19/2022 SR LIEN | 60,000 | 60,202 |
| WASTE MANAGEMENT INC 1.5% 03/15/2031 SR LIEN | 44,893 | 44,659 |
| UDR INC MTN 2.1% 08/01/2032 SR LIEN | 39,958 | 41,145 |
| AMERICAN HONDA FINANCE MTN 1.0% 09/10/2025 SR LIEN | 29,999 | 30,550 |
| GS HIGH YIELD FUND CLASS P | 3,072,300 | 3,222,335 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APPLIED INDUSTRIAL TECHNOLOGY INC | 34,040 | 43,440 |
| REPLIGEN CORP CMN | 29,104 | 36,218 |
| LITTELFUSE, INC. CMN | 23,815 | 32,342 |
| SEMTECH CORP CMN | 24,109 | 31,648 |
| ACADIA HEALTHCARE COMPANY INC CMN | 19,192 | 31,362 |
| SYNEOS HEALTH INC CMN | 25,978 | 31,067 |
| ICON PUBLIC LIMITED COMPANY CMN | 28,768 | 30,222 |
| AVIENT COR CMN | 20,962 | 29,114 |
| EMERGENT BIOSOLUTIONS INC. CMN | 27,686 | 26,970 |
| ACI WORLDWIDE, INC. CMN | 19,398 | 25,710 |
| INGEVITY CORPORATION CMN | 19,048 | 25,672 |
| BIOTELEMETRY INC CMN | 15,441 | 25,372 |
| ALTRA INDUSTRIAL MOTION CORP CMN | 17,870 | 24,638 |
| GROUP 1 AUTOMOTIVE, INC. CMN | 17,807 | 24,523 |
| HMS HOLDINGS CORP. CMN | 17,962 | 22,895 |
| IDACORP, INC. CMN | 20,863 | 22,855 |
| MUELLER INDUSTRIES INC CMN | 17,835 | 22,190 |
| WILEY JOHN & SONS CL-A CMN CLASS A | 17,016 | 21,989 |
| WESTERN ALLIANCE BANCORP CMN | 14,013 | 21,582 |
| QUAKER CHEMICAL CORP CMN | 15,706 | 21,538 |
| WSFS FINANCIAL CORP CMN | 14,070 | 21,138 |
| BARNES GROUP INC. CMN | 15,765 | 20,783 |
| RLI CORP CMN | 17,340 | 20,726 |
| RITCHIE BROS. AUCTIONEERS INC CMN | 15,849 | 20,656 |
| SAIA INC CMN CLASS | 15,343 | 20,611 |
| EASTGROUP PROPERTIES INC CMN | 18,800 | 19,856 |
| INDEPENDENT BANK CORP. CMN | 15,588 | 19,404 |
| COVETRUS INC CMN | 15,574 | 19,256 |
| WESTAMERICA BANCORP CMN | 18,711 | 18,854 |
| CULLEN FROST BANKERS INC CMN | 15,327 | 18,842 |
| REVOLVE GROUP INC CMN CLASS A | 11,619 | 18,546 |
| NIC INC CMN | 15,481 | 18,443 |
| REALPAGE, INC CMN | 12,958 | 18,408 |
| PERFORMANCE FOOD GROUP COMPANY CMN | 12,514 | 17,949 |
| UNISYS CORPORATION CMN | 10,959 | 17,909 |
| LKQ CORPORATION CMN | 15,092 | 17,902 |
| TEXAS ROADHOUSE, INC. CMN | 14,378 | 17,820 |
| COUSINS PROPERTIES INCORPORATE CMN | 14,648 | 17,272 |
| BRUKER CORPORATION CMN | 12,973 | 16,834 |
| NATIONAL INSTRUMENTS CORP CMN | 13,358 | 16,785 |
| PRIMO WATER CORPORATION CMN | 14,422 | 16,323 |
| TRUPANION, INC. CMN | 8,217 | 16,161 |
| HEALTHCARE SVCS GROUP INC CMN | 13,499 | 16,045 |
| BROOKS AUTOMATION, INC. CMN | 11,637 | 15,877 |
| BUCKLE INC COM CMN | 11,527 | 15,768 |
| ALTAIR ENGINEERING INC. CMN CLASS A | 11,677 | 15,650 |
| PROG HOLDINGS, INC. CMN | 14,944 | 15,245 |
| ONTO INNOVATION INC. CMN | 10,497 | 14,883 |
| CSG SYSTEMS INTL INC CMN | 13,557 | 14,738 |
| FULTON FINANCIAL CORPORATION CMN | 11,982 | 14,585 |
| RLJ LODGING TRUST CMN | 9,124 | 14,245 |
| CORNERSTONE ONDEMAND, INC. CMN | 12,050 | 13,917 |
| RESOURCES CONNECTION, INC. CMN | 12,088 | 13,387 |
| COMPASS MINERALS INTL, INC. CMN | 12,221 | 13,085 |
| MEDNAX INC CMN | 8,506 | 12,736 |
| HORACE MANN EDUCATORS CORP CMN | 10,724 | 12,654 |
| DECKERS OUTDOORS CORP CMN | 10,118 | 12,618 |
| TELEDYNE TECHNOLOGIES INCORPOR CMN | 10,336 | 12,543 |
| IAA, INC. CMN | 9,792 | 12,346 |
| HERON THERAPEUTICS INC CMN | 9,608 | 12,128 |
| AMERISAFE, INC CMN | 12,452 | 12,060 |
| WOODWARD INC CMN | 7,928 | 11,667 |
| BLACKBAUD, INC CMN | 11,490 | 11,627 |
| BLACKLINE, INC. CMN | 7,229 | 11,337 |
| PDC ENERGY INC CMN | 7,188 | 11,209 |
| TAYLOR MORRISON HOME CORP. CMN | 10,591 | 10,773 |
| HANGER INC CMN | 8,339 | 10,203 |
| COMMERCIAL METALS CO CMN | 10,117 | 10,085 |
| CRACKER BARREL OLD COUNTRY STO CMN | 8,678 | 9,894 |
| GIBRALTAR INDUSTRIES INC CMN | 8,195 | 9,568 |
| MSA SAFETY INC CMN | 8,278 | 9,561 |
| EASTERLY GOVERNMENT PROPERTIES CMN | 8,912 | 9,128 |
| CHEESECAKE FACTORY INCORPORATE CMN | 6,990 | 9,080 |
| MATTHEWS INTL CORP CL-A CMN CLASS A | 6,680 | 8,879 |
| ONESPAWORLD HOLDINGS LIMITED CMN | 4,782 | 7,595 |
| AARON'S CO INC/THE CMN | 7,122 | 7,584 |
| CORESITE REALTY CORPORATION CMN | 7,050 | 7,338 |
| MERITOR INC CMN | 6,809 | 7,285 |
| MONRO, INC. CMN | 6,180 | 7,036 |
| VERRA MOBILITY CORPORATION CMN | 6,151 | 6,710 |
| STRIDE INC CMN | 8,609 | 6,624 |
| RAYMOND JAMES FINANCIAL, INC. CMN | 5,129 | 6,506 |
| INTRICON CORPORATION CMN | 4,514 | 6,371 |
| OIL STATES INTERNATIONAL, INC. CMN | 3,731 | 5,381 |
| PLANTRONICS INC CMN | 3,119 | 5,190 |
| PING IDENTITY HOLDING CORP. CMN | 4,903 | 5,155 |
| PROSPERITY BANCSHARES, INC. CMN | 3,790 | 4,610 |
| BURLINGTON STORES INC CMN | 1,664 | 2,092 |
| TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 5ORDS | 82,706 | 115,190 |
| KEYENCE CORPORATION CMN | 91,217 | 112,852 |
| AIA GROUP LIMITED SPONSORED ADR CMN SERIES | 71,584 | 86,793 |
| ASML HOLDING N.V. ADR CMN | 59,668 | 76,572 |
| LONDON STOCK EXCHANGE GROUP PL ADR CMN | 64,699 | 70,865 |
| NOVO-NORDISK A/S ADR ADR CMN | 65,981 | 68,034 |
| ENEL SOCIETA PER AZIONI ADR CMN | 58,485 | 66,892 |
| ASTRAZENECA PLC SPONS ADR SPONSORED ADR CMN | 68,612 | 62,488 |
| KERING ADR CMN | 52,121 | 58,619 |
| SAP SE (SPON ADR) | 60,554 | 58,415 |
| SAFRAN SA SPONSORED ADR CMN | 45,872 | 58,168 |
| TENCENT HOLDINGS LIMITED UNSPONSORED ADR CMN ADD ADR REL 19358779 | 53,968 | 55,863 |
| GENMAB A/S SPONSORED ADR CMN | 48,433 | 55,501 |
| CARLSBERG A/S SPONSORED ADR CMN | 45,861 | 53,927 |
| SMC CORP. CMN | 47,794 | 51,246 |
| IBERDROLA SOCIEDAD ANONIMA SPONSORED ADR CMN | 43,576 | 49,818 |
| NESTLE SA SPONSORED ADR (REP 1/20 CHF 10 REGD SHS) | 48,875 | 49,302 |
| LOREAL CO (ADR) ADR CMN | 43,541 | 49,208 |
| ESSILOR INTERNATIONAL SA ADR CMN | 40,709 | 47,563 |
| GIVAUDAN SA ADR CMN | 46,698 | 46,839 |
| UNICHARM CORP. SPONSORED ADR CMN | 42,713 | 43,765 |
| REED ELSEVIER PLC SPONSORED ADR CMN | 39,079 | 42,711 |
| PERNOD RICARD UNSPONSORRED ADR CMN | 36,015 | 41,095 |
| SOFTBANK GRP CORP UNSPONSORED ADR CMN | 31,975 | 40,858 |
| RECKITT BENCKISER GROUP PLC SPONSORED ADR CMN | 42,726 | 40,527 |
| BRITISH AMERICAN TOBACCO PLC SPONS ADR | 37,060 | 39,841 |
| SHIN-ETSU CHEMICAL CO., LTD. UNSPONSORED ADR CMN | 28,222 | 38,922 |
| HONG KONG EXCHANGES & CLEARING UNSPONSORED ADR CMN | 30,208 | 35,737 |
| MERCADOLIBRE, INC. CMN | 26,737 | 35,180 |
| LVMH MOET HENNESSY LOUIS VUITTON S.A. ADR CMN | 24,818 | 33,381 |
| STRAUMANN HOLDING AG UNSPONSORED ADR CMN | 29,486 | 33,316 |
| ABB LTD SPONSORED ADR CMN | 30,549 | 33,216 |
| SHIONOGI & CO., LTD. UNSPONSORED ADR CMN | 32,790 | 32,625 |
| AIRBUS S.E. ADR CMN | 24,486 | 32,599 |
| DIAGEO PLC SPON ADR (NEW) SPONSORED ADR CMN | 28,396 | 31,762 |
| HOYA CORP SPONSORED ADR CMN | 25,095 | 30,960 |
| NIDEC CORPORATION SPONSORED ADR | 21,232 | 30,361 |
| ANHEUSER-BUSCH INBEV SPONSORED ADR CMN | 26,711 | 29,642 |
| DNB ASA SPONSORED ADR CMN | 24,653 | 28,825 |
| DSV PANALPINA A/S UNSPONSORED ADR CMN | 26,092 | 28,671 |
| HERMES INTERNATIONAL UNSPONSORED ADR CMN | 24,270 | 28,520 |
| BEIGENE, LTD. SPONSORED ADR CMN | 30,520 | 28,421 |
| ASHAI KASEI CORP ADR CMN | 23,127 | 26,964 |
| TERUMO CORPORATION ADR CMN | 25,094 | 26,395 |
| INDUSTRIA DE DISENO TEXTIL, S. ADR CMN | 26,594 | 26,015 |
| BANCO BILBAO VIZCAYA S A ADR SPONSORED ADR CMN USD0.3296 | 21,212 | 25,935 |
| NIPPON TELEG & TEL SPON ADR SPONSORED ADR CMN (1 ADR = 1/2 COMMON SHS) | 21,451 | 24,445 |
| KONINKLIJKE PHILIPS N.V. ADR CMN | 22,100 | 24,268 |
| TOTAL SE SPONSORED ADR CMN | 18,930 | 23,805 |
| KONINKLIJKE KPN N.V. SPONSORED ADR CMN | 21,471 | 23,687 |
| DAIICHI SANKYO CO LTD SPONSORED ADR CMN | 17,644 | 21,023 |
| TFI INTERNATIONAL INC CMN | 17,597 | 20,183 |
| DBS GROUP HOLDINGS SPONSORED ADR CMN | 20,336 | 20,159 |
| COMPAGNIE FINANCIERE RICHEMONT UNSPONSORED ADR CMN | 19,486 | 19,450 |
| RECRUIT HOLDINGS CO., LTD. ADR | 17,874 | 19,042 |
| HDFC BANK LIMITED SPONSORED ADR CMN | 14,404 | 18,932 |
| NITORI HOLDINGS CO., LTD. ADR CMN | 18,667 | 18,826 |
| MURATA MANUFACTURING CO., LTD. UNSPONSORED ADR CMN | 13,712 | 18,190 |
| SUZUKI MOTOR CORPORATION UNSPONSORED ADR CMN | 16,192 | 17,786 |
| CANADIAN NATIONAL RAILWAY CO. CMN | 16,290 | 17,576 |
| GALAPAGOS NV SPONSORED ADR CMN | 26,297 | 17,223 |
| B&M EUROPEAN VALUE RETAIL S.A. ADR CMN | 14,957 | 16,663 |
| HUTCHISON CHINA MEDITECH LTD SPONSORED ADR CMN | 15,171 | 16,170 |
| ROCHE HOLDING AG ADR B SHS(NOM CHF 100) VAL 224.184 | 14,762 | 15,556 |
| JARDINE MATHESON HOLDINGS LTD ADR CMN | 11,942 | 14,952 |
| AIR LIQUIDE SA ADR CMN | 13,885 | 14,620 |
| DEUTSCHE BOERSE AG UNPOSNORED ADR CMN | 14,030 | 14,227 |
| PROSUS NV SPONSORED ADR CMN | 12,724 | 14,185 |
| FLUTTER ENTERTAINMENT PUBLIC L ADR CMN | 10,952 | 13,989 |
| STMICROELECTRONICS NV ADR CMN | 11,946 | 13,549 |
| ASSA ABLOY AB UNSPONSORED ADR (SWEDEN) | 11,897 | 12,760 |
| TOKYO ELECTRON LIMITED UNSPONSORED ADR CMN | 11,955 | 12,553 |
| RIO TINTO PLC SPONSORED ADR | 8,911 | 11,283 |
| ENGIE SPONSORED ADR CMN | 9,713 | 11,137 |
| AON PUBLIC LIMITED COMPANY CMN | 10,356 | 10,986 |
| GRIFOLS S A ADR CMN | 10,624 | 10,585 |
| AMERICA MOVIL SAB DE CV SPONSORED ADR CMN SERIES L | 9,283 | 10,440 |
| ATLASSIAN CORPORATION PLC CMN CLASS A | 10,660 | 10,056 |
| DAIKIN INDUSTRIES, LTD. UNSPONSORED ADR CMN | 7,627 | 9,790 |
| UNILEVER PLC (NEW) SPONSORED ADR CMN | 9,597 | 9,477 |
| ISHARES S&P 500 INDEX FUND CLASS G | 9,588,274 | 10,918,360 |
| ISHARES RUSSELL 2000 VALUE ETF | 603,403 | 758,221 |
| ISHARES RUSSELL 1000 VALUE ETF | 628,852 | 712,227 |
| PRUDENTIAL GLOBAL REAL ESTATE FUND Q | 1,542,159 | 1,647,266 |
| STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K | 2,732,816 | 2,959,355 |
| STATE STREET EMERGING MARKETS EQUITY INDEX FUND K CLASS | 1,244,393 | 1,458,536 |
| GS TACTICAL TILT OVERLAY FUND CLASS P | 1,851,704 | 1,832,656 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| RENASANT CORPORATION CMN | AT COST | 20,551 | 26,171 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL AND ACCOUNTING | 840 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL CORPORATE FEE | 25 | 0 | 0 | |
| ADR FEES | 323 | 323 | 0 | |
| INVESTMENT MANAGEMENT FEES | 16,994 | 16,994 | 0 |
| Description | Amount |
|---|---|
| OTHER BASIS ADJUSTMENTS | 173,486 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2019 990 PF TAX | 604 | 0 | 0 | |
| 2020 990 PF ESTIMATED TAX | 640 | 0 | 0 | |
| FOREIGN TAX WITHHELD | 8,362 | 8,362 | 0 |