SCHEDULE OF INVESTMENTS (Unaudited) June 30, 2020 -100® 2x STRATEGY FUND

Shares Value Shares Value

COMMON STOCKS† - 53.5% , Inc. — Class A* 1,191 $ 607,458 , Inc.* 236 375,792 TECHNOLOGY - 24.1% JD.com, Inc. ADR* 5,355 322,264 Apple, Inc. 19,602 $ 7,150,810 MercadoLibre, Inc.* 287 282,916 Corp. 34,296 6,979,579 eBay, Inc. 4,054 212,632 Corp. 24,425 1,461,348 , Inc. ADR* 1,587 190,265 Corp. 3,548 1,347,921 Sirius XM Holdings, Inc. 25,263 148,294 Adobe, Inc.* 2,779 1,209,727 , Inc.* 667 137,956 Broadcom, Inc. 2,306 727,797 CDW Corp. 821 95,384 Instruments, Inc. 5,295 672,306 Trip.com Group Ltd. ADR* 3,017 78,201 , Inc. 6,490 591,953 Group, Inc. 781 64,198 , Inc. 1,504 445,470 Fox Corp. — Class A 1,977 53,023 , Inc.* 3,862 377,008 Liberty Global plc — Class C* 2,374 51,065 , Inc.* 6,756 355,433 Fox Corp. — Class B 1,506 40,421 , Inc. 4,445 337,376 Liberty Global plc — Class A* 1,051 22,975 , Inc.* 6,416 330,552 , Inc. 5,287 319,599 Total Communications 19,789,709 , Inc.* 1,264 302,336 CONSUMER, NON-CYCLICAL - 7.3% Corp. 837 270,736 PayPal Holdings, Inc.* 6,774 1,180,234 , Inc. 2,125 260,610 PepsiCo, Inc. 8,004 1,058,609 Zoom Video Communications, , Inc. 3,394 800,509 Inc. — Class A* 967 245,173 , Inc. 7,236 556,738 , Inc.* 1,665 219,863 , Inc.* 1,496 434,304 Workday, Inc. — Class A* 1,004 188,109 , Inc. — Class A 8,235 421,055 NXP Semiconductor N.V. 1,610 183,605 , Inc.* 673 383,496 NetEase, Inc. ADR 427 183,345 Automatic Data Processing, Inc. 2,479 369,098 , Inc.* 916 182,009 Regeneron Pharmaceuticals, Inc.* 582 362,964 DocuSign, Inc.* 1,056 181,854 Illumina, Inc.* 848 314,057 Technology , Inc.* 941 251,764 Solutions Corp. — Class A 3,119 177,221 Co. 7,049 224,793 KLA Corp. 894 173,865 , Inc.* 533 216,078 , Inc.* 870 169,650 Corp.* 3,038 210,594 ASML Holding N.V. — Class G 443 163,037 Seattle Genetics, Inc.* 999 169,750 , Inc. 2,069 156,727 , Inc.* 490 161,778 , Inc.* 1,611 154,592 CoStar Group, Inc.* 225 159,901 , Inc. 1,415 149,014 Corp. 600 159,816 , Inc.* 494 144,115 , Inc. — Class A 936 159,307 , Inc. 1,403 138,041 , Inc.* 1,274 142,994 , Inc. 962 123,001 Corp.* 1,254 130,378 Corp. 1,756 120,374 BioMarin Pharmaceutical, Inc.* 1,043 128,644 Citrix Systems, Inc. 712 105,312 , Inc.* 454 124,596 Products, Inc. 1,538 93,218 Total Consumer, Non-cyclical 8,121,457 Take-Two Interactive Software, Inc.* 657 91,697 Software Technologies Ltd.* 825 88,630 CONSUMER, CYCLICAL - 3.6% Western Digital Corp. 1,729 76,335 Tesla, Inc.* 1,069 1,154,317 NetApp, Inc. 1,276 56,616 Wholesale Corp. 2,547 772,276 Total Technology 26,705,964 Corp. 6,740 495,996 , Inc.* 717 223,711 COMMUNICATIONS - 17.9% , Inc. 5,061 214,536 .com, Inc.* 2,256 6,223,898 O’Reilly Automotive, Inc.* 428 180,475 Facebook, Inc. — Class A* 10,874 2,469,159 , Inc. 2,050 174,742 Alphabet, Inc. — Class A* 1,557 2,207,904 , Inc. — Class A 1,871 160,401 Alphabet, Inc. — Class C* 1,520 2,148,687 , Inc. 1,994 149,251 , Inc.* 2,537 1,154,437 Co. 3,305 141,586 , Inc. 24,358 1,136,057 , Inc.* 1,369 126,879 Corp. — Class A 26,276 1,024,238 , Inc.* 1,354 112,748 T-Mobile US, Inc.* 7,129 742,485 SCHEDULE OF INVESTMENTS (Unaudited)(continued) June 30, 2020 NASDAQ-100® 2x STRATEGY FUND

Face Shares Value Amount Value

Ulta Beauty, Inc.* 325 $ 66,111 U.S. TREASURY BILLS†† - 7.2% Total Consumer, Cyclical 3,973,029 U.S. Treasury Bills 0.14% due 09/17/202,3 $ 5,000,000 $ 4,998,429 UTILITIES - 0.3% 0.15% due 07/23/203,4 1,569,000 1,568,883 Corp. 5,621 203,986 0.12% due 09/17/202,3 1,400,000 1,399,560 , Inc. 3,030 189,375 Total U.S. Treasury Bills Total Utilities 393,361 (Cost $7,966,964) 7,966,872 INDUSTRIAL - 0.3% REPURCHASE AGREEMENTS††,5 - 10.9% CSX Corp. 4,416 307,972 J.P. Morgan Securities LLC issued 06/30/20 at 0.07% Total Common Stocks 2 (Cost $50,100,645) 59,291,492 due 07/01/20 6,676,156 6,676,156 BofA Securities, Inc. RIGHTS† - 0.0% issued 06/30/20 at 0.07% COMMUNICATIONS - 0.0% due 07/01/202 2,764,898 2,764,898 T-Mobile US, Inc. Barclays Capital, Inc. Expires 07/27/20* 7,617 1,280 issued 06/30/20 at 0.07% 2 Total Rights due 07/01/20 2,599,004 2,599,004 (Cost $—) 1,280 Total Repurchase Agreements (Cost $12,040,058) 12,040,058 MUTUAL FUNDS† - 25.4% Guggenheim Strategy Fund II1 586,862 14,513,092 Total Investments - 97.0% Guggenheim Ultra Short Duration (Cost $98,077,305) $ 107,430,531 1 Fund — Institutional Class 1,372,756 13,617,737 Other Assets & Liabilities, net - 3.0% 3,358,789 Total Mutual Funds Total Net Assets - 100.0% $ 110,789,320 (Cost $27,969,638) 28,130,829

Futures Contracts Value and Number of Expiration Notional Unrealized Description Contracts Date Amount Appreciation** Equity Futures Contracts Purchased† NASDAQ-100 Index Mini Futures Contracts 173 Sep 2020 $ 35,062,775 $ 1,200,634

Total Return Swap Agreements Value and Financing Payment Maturity Notional Unrealized Counterparty Index Rate Pay Frequency Date Units Amount Appreciation OTC Equity Index Swap Agreements†† Goldman Sachs International NASDAQ-100 Index 0.66% (1 Week USD LIBOR + 0.55%) At Maturity 07/28/20 5,420 $ 55,051,041 $ 1,584,669 Barclays Bank plc NASDAQ-100 Index 0.61% (1 Week USD LIBOR + 0.50%) At Maturity 07/30/20 5,568 56,557,127 306,360 BNP Paribas NASDAQ-100 Index 0.83% (1 Month USD LIBOR + 0.65%) At Maturity 07/29/20 1,536 15,602,822 236,810 $ 127,210,990 $ 2,127,839 SCHEDULE OF INVESTMENTS (Unaudited)(concluded) June 30, 2020 NASDAQ-100® 2x STRATEGY FUND

* Non-income producing security. ** Includes cumulative appreciation (depreciation). † Value determined based on Level 1 inputs. †† Value determined based on Level 2 inputs. 1 Affiliated issuer. 2 All or a portion of this security is pledged as equity index swap collateral at June 30, 2020. 3 Rate indicated is the effective yield at the time of purchase. 4 All or a portion of this security is pledged as futures collateral at June 30, 2020. 5 Repurchase Agreements. ADR — American Depositary Receipt LIBOR — London Interbank Offered Rate plc — Public Limited Company