Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Bank Loans (15.6%)a Value Amount Bank Loans (15.6%)a Value Basic Materials (0.4%) Communications Services (3.9%) - continued Ball Metalpack Finco, LLC, Term CommScope Inc., Term Loan Loan 5.294%, (LIBOR 1M + 6.624%, (LIBOR 3M + $915,000 3.250%), 4/4/2026b $910,919 $207,375 4.500%), 7/31/2025b $194,414 CSC Holdings, LLC, Term Loan Big River Steel, LLC, Term Loan 4.278%, (LIBOR 1M + 7.104%, (LIBOR 3M + 5.000%), 630,487 2.250%), 7/17/2025b ​629,472 416,500 8/23/2023b,c ​412,335 5.028%, (LIBOR 1M + Hexion, Inc., Term Loan 1,077,300 3.000%), 4/15/2027b ​1,077,300 5.820%, (LIBOR 3M + 0.000%, (LIBOR 1M + 210,000 3.500%), 7/1/2026b ​209,212 220,000 2.500%), 4/27/2029b,d,e ​220,000 Momentive Performance Materials 0.000%, (LIBOR 1M + USA, LLC, Term Loan 1,120,000 2.500%), 4/27/2029b,d,e ​1,121,400 5.300%, (LIBOR 1M + Diamond Sports Group, LLC, Term 336,158 3.250%), 5/15/2024b ​333,636 Loan Pixelle Specialty Solutions, LLC, Term 5.300%, (LIBOR 1M + Loan 900,000 3.250%), 8/24/2026b ​904,500 8.044%, (LIBOR 1M + Entercom Media Corporation, Term 535,950 6.000%), 10/31/2024b ​528,581 Loan Starfruit US Holdco, LLC, Term Loan 4.804%, (LIBOR 1M + 5.292%, (LIBOR 1M + 534,269 2.750%), 11/17/2024b ​534,403 233,825 3.250%), 10/1/2025b,d,e ​228,681 Frontier Communications Total ​1,906,859 Corporation, Term Loan 5.800%, (LIBOR 1M + Capital Goods (1.2%) 891,072 3.750%), 6/15/2024b ​888,211 Advanced Disposal Services, Inc., HCP Acquisition, LLC, Term Loan Term Loan 5.044%, (LIBOR 1M + 4.197%, (LIBOR 1W + 2.250%), 691,857 3.000%), 5/16/2024b ​690,646 366,687 11/10/2023b ​367,651 Intelsat Jackson Holdings SA, Term BWAY Holding Company, Term Loan Loan 5.590%, (LIBOR 3M + 5.804%, (LIBOR 1M + 433,890 3.250%), 4/3/2024b,d,e ​424,371 490,000 3.750%), 11/27/2023b ​491,073 Flex Acquisition Company, Inc. Term Liberty Cablevision of Puerto Rico, Loan LLC, Term Loan 5.569%, (LIBOR 3M + 5.528%, (LIBOR 1M + 313,126 3.250%), 6/29/2025b ​301,089 965,000 3.500%), 1/7/2022b,c ​961,381 GFL Environmental, Inc., Term Loan 8.778%, (LIBOR 1M + 5.044%, (LIBOR 1M + 152,838 6.750%), 7/7/2023b,c ​150,545 1,073,495 3.000%), 5/31/2025b ​1,063,909 Mediacom Illinois, LLC, Term Loan Natgasoline, LLC, Term Loan 3.680%, (LIBOR 1W + 5.813%, (LIBOR 3M + 339,825 1.750%), 2/15/2024b ​340,250 431,737 3.500%), 11/14/2025b,c ​430,658 NEP Group, Inc., Term Loan Navistar, Inc., Term Loan 5.294%, (LIBOR 1M + 5.530%, (LIBOR 1M + 714,600 3.250%), 10/20/2025b ​700,158 763,375 3.500%), 11/6/2024b ​758,841 Sprint Communications, Inc., Term TransDigm, Inc., Term Loan Loan 4.544%, (LIBOR 1M + 4.563%, (LIBOR 1M + 537,273 2.500%), 6/9/2023b ​535,500 1,413,750 2.500%), 2/3/2024b ​1,402,709 Vertiv Group Corporation, Term Loan 5.063%, (LIBOR 1M + 6.044%, (LIBOR 1M + 550,838 3.000%), 2/3/2024b ​548,943 1,123,174 4.000%), 11/15/2023b ​1,067,015 TNS, Inc., Term Loan Total ​4,949,034 6.260%, (LIBOR 3M + 288,352 4.000%), 8/14/2022b ​284,099 Communications Services (3.9%) Virgin Media Bristol, LLC, Term Loan Altice France SA, Term Loan 4.528%, (LIBOR 1M + 4.794%, (LIBOR 1M + 960,000 2.500%), 1/15/2026b ​960,000 342,125 2.750%), 7/31/2025b ​333,250 WideOpenWest Finance, LLC, Term CenturyLink, Inc., Term Loan Loan 4.794%, (LIBOR 1M + 5.294%, (LIBOR 1M + 1,727,305 2.750%), 1/31/2025b ​1,714,834 590,940 3.250%), 8/19/2023b ​569,519 Charter Communications Operating, Windstream Services, LLC, Term LLC, Term Loan Loan 4.050%, (LIBOR 1M + 4.550%, (LIBOR 1M + 373,350 2.000%), 4/30/2025b ​375,403 390,000 2.500%), 2/26/2021b ​390,000

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 1 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Bank Loans (15.6%)a Value Amount Bank Loans (15.6%)a Value Communications Services (3.9%) - continued Consumer Non-Cyclical (2.9%) - continued 10.000%, (PRIME + 5.000%), Bausch Health Companies, Inc., $203,439 3/30/2021b,f $206,194 Term Loan Total ​16,405,209 5.039%, (LIBOR 1M + $1,046,490 3.000%), 6/1/2025b $1,050,310 Consumer Cyclical (2.5%) Chobani, LLC, Term Loan 1011778 B.C., ULC, Term Loan 5.544%, (LIBOR 1M + 4.294%, (LIBOR 1M + 537,240 3.500%), 10/7/2023b ​532,206 1,318,940 2.250%), 2/17/2024b ​1,322,897 Endo International plc, Term Loan Boyd Gaming Corporation, Term Loan 6.313%, (LIBOR 1M + 4.166%, (LIBOR 1W + 1,431,344 4.250%), 4/27/2024b ​1,300,290 271,976 2.250%), 9/15/2023b ​272,626 Energizer Holdings, Inc., Term Loan Cengage Learning, Inc., Term Loan 4.375%, (LIBOR 1M + 6.294%, (LIBOR 1M + 314,400 2.250%), 1/2/2026b ​314,205 923,936 4.250%), 6/7/2023b ​872,353 Grifols Worldwide Operations USA, Eldorado Resorts, Inc., Term Loan Inc., Term Loan 4.313%, (LIBOR 1M + 4.197%, (LIBOR 1W + 2.250%), 201,812 2.250%), 4/17/2024b ​201,392 589,875 1/31/2025b ​592,712 Four Seasons Hotels, Ltd., Term Loan JBS USA LUX SA, Term Loan 4.044%, (LIBOR 1M + 4.544%, (LIBOR 1M + 564,836 2.000%), 11/30/2023b ​567,270 606,950 2.500%), 5/1/2026b ​609,481 Golden Entertainment, Inc., Term Libbey Glass, Inc., Term Loan Loan 5.042%, (LIBOR 1M + 5.060%, (LIBOR 1M + 295,524 3.000%), 4/9/2021b ​230,695 1,032,550 3.000%), 10/20/2024b,c ​1,035,132 Mallinckrodt International Finance Golden Nugget, LLC, Term Loan SA, Term Loan 4.800%, (LIBOR 1M + 5.175%, (LIBOR 3M + 3.000%), 799,764 2.750%), 10/4/2023b,d,e ​798,348 716,364 2/24/2025b ​533,333 IAA, Inc., Term Loan McGraw-Hill Global Education 4.313%, (LIBOR 1M + Holdings, LLC, Term Loan 221,625 2.250%), 6/28/2026b ​222,456 6.044%, (LIBOR 1M + Mohegan Gaming and 702,429 4.000%), 5/4/2022b ​659,146 Entertainment, Term Loan MPH Acquisition Holdings, LLC, Term 6.044%, (LIBOR 1M + Loan 900,273 4.000%), 10/13/2023b ​831,879 4.854%, (LIBOR 3M + Scientific Games International, Inc., 1,335,000 2.750%), 6/7/2023b ​1,269,639 Term Loan Ortho-Clinical Diagnostics SA, Term 4.876%, (LIBOR 1M + 2.750%), Loan 1,824,111 8/14/2024b ​1,807,019 5.563%, (LIBOR 3M + Staples, Inc., Term Loan 1,256,150 3.250%), 6/1/2025b ​1,213,127 6.623%, (LIBOR 3M + Plantronics, Inc., Term Loan 244,387 4.500%), 9/12/2024b ​241,130 4.544%, (LIBOR 1M + 7.123%, (LIBOR 3M + 5.000%), 584,650 2.500%), 7/2/2025b ​582,942 738,150 4/12/2026b ​727,233 R.R. Donnelly & Sons Company, Term Stars Group Holdings BV, Term Loan Loan 5.604%, (LIBOR 3M + 7.044%, (LIBOR 3M + 5.000%), 911,838 3.500%), 7/10/2025b ​915,257 99,749 1/15/2024b ​99,998 Tenneco, Inc., Term Loan Total ​12,524,317 5.044%, (LIBOR 1M + 645,125 3.000%), 10/1/2025b ​604,805 Energy (1.1%) Total ​10,419,797 BCP Raptor II, LLC, Term Loan 6.794%, (LIBOR 1M + Consumer Non-Cyclical (2.9%) 403,988 4.750%), 12/19/2025b ​361,904 Air Medical Group Holdings, Inc., Calpine Corporation, Term Loan Term Loan 4.610%, (LIBOR 3M + 5.307%, (LIBOR 1M + 597,519 2.500%), 1/15/2024b ​598,666 1,773,412 3.250%), 4/28/2022b ​1,656,296 CONSOL Energy, Inc., Term Loan Albertson's LLC, Term Loan 6.550%, (LIBOR 1M + 4.794%, (LIBOR 1M + 432,825 4.500%), 9/28/2024b ​428,497 1,335,000 2.750%), 8/17/2026b,d,e ​1,342,863 Consolidated Energy Finance SA, Amneal Pharmaceuticals, LLC, Term Term Loan Loan 4.547%, (LIBOR 3M + 5.563%, (LIBOR 1M + 395,000 2.500%), 5/7/2025b,c ​382,163 631,852 3.500%), 5/4/2025b ​537,074 Fieldwood Energy, LLC, Term Loan 7.506%, (LIBOR 3M + 5.250%), 435,000 4/11/2022b ​376,031

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 2 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Bank Loans (15.6%)a Value Amount Bank Loans (15.6%)a Value Energy (1.1%) - continued Technology (1.0%) - continued HFOTCO, LLC, Term Loan Prime Security Services Borrower, 4.800%, (LIBOR 1M + LLC, Term Loan $962,812 2.750%), 6/26/2025b $959,809 0.000%, (LIBOR 1M + Radiate Holdco, LLC, Term Loan $1,150,000 3.250%), 9/23/2026b,d,e $1,137,246 5.044%, (LIBOR 1M + Rackspace Hosting, Inc., Term Loan 1,552,141 3.000%), 2/1/2024b ​1,545,079 5.287%, (LIBOR 3M + Total ​4,652,149 1,500,856 3.000%), 11/3/2023b ​1,374,919 SS&C Technologies Holdings Europe Financials (2.3%) SARL, Term Loan Avolon TLB Borrower 1 US, LLC, Term 4.294%, (LIBOR 1M + Loan 198,099 2.250%), 4/16/2025b ​198,594 3.794%, (LIBOR 1M + SS&C Technologies, Inc., Term Loan 736,822 1.750%), 1/15/2025b ​739,091 4.294%, (LIBOR 1M + Cyxtera DC Holdings, Inc., Term Loan 299,911 2.250%), 4/16/2025b ​300,661 5.040%, (LIBOR 1M + Total ​4,133,817 190,612 3.000%), 5/1/2024b ​171,279 9.300%, (LIBOR 1M + 7.250%), Utilities (0.3%) 105,000 5/1/2025b ​85,488 Core and Main, LP, Term Loan Digicel International Finance, Ltd., 4.863%, (LIBOR 1M + Term Loan 486,337 2.750%), 8/1/2024b ​481,781 5.340%, (LIBOR 3M + EnergySolutions, LLC, Term Loan 948,074 3.250%), 5/27/2024b ​819,297 5.854%, (LIBOR 3M + Genworth Holdings, Inc., Term Loan 345,625 3.750%), 5/11/2025b ​320,567 6.670%, (LIBOR 2M + Talen Energy Supply, LLC, Term Loan 172,375 4.500%), 3/7/2023b,c ​172,806 5.792%, (LIBOR 1M + GGP Nimbus, LLC, Term Loan 290,000 3.750%), 7/8/2026b ​289,275 4.544%, (LIBOR 1M + TerraForm Power Operating, LLC, 1,044,450 2.500%), 8/24/2025b ​1,029,441 Term Loan Grizzly Finco, Term Loan 4.044%, (LIBOR 1M + 5.569%, (LIBOR 3M + 315,188 2.000%), 11/8/2022b,c ​315,582 712,800 3.250%), 10/1/2025b ​706,413 Total ​1,407,205 Harland Clarke Holdings Corporation, Term Loan Total Bank Loans 6.854%, (LIBOR 3M + (cost $67,657,924) ​66,360,355 816,801 4.750%), 11/3/2023b ​635,063 Level 3 Parent, LLC, Term Loan Shares Common Stock (46.7%) Value 4.294%, (LIBOR 1M + Communications Services (2.5%) 1,275,000 2.250%), 2/22/2024b ​1,276,861 4,966 Activision Blizzard, Inc. ​262,801 MoneyGram International, Inc., Term 1,712 Alphabet, Inc., Class Ag ​2,090,592 Loan 908 Alphabet, Inc., Class Cg ​1,106,852 8.044%, (LIBOR 1M + 81,377 Auto Trader Group plch ​510,041 404,287 6.000%), 6/30/2023b,c ​380,030 4,940 CBS Corporation ​199,428 NCR Corporation, Delayed Draw 24,690 Comcast Corporation ​1,113,025 0.000%, (LIBOR 3M + 12,040 DISH Network Corporationg ​410,203 328,000 2.500%), 8/28/2026b,d,e ​328,410 5,611 Facebook, Inc.g ​999,207 NCR Corporation, Term Loan 42,000 HKT Trust and HKT, Ltd. ​66,625 0.000%, (LIBOR 3M + 1,462 Ipsos SA ​41,647 287,000 2.500%), 8/28/2026b,d,e ​287,359 6,300 KDDI Corporation ​164,384 Sable International Finance, Ltd., 41,714 Mediaset Espana Comunicacion SAi ​268,883 Term Loan 3,458 Rightmove plc ​23,398 5.294%, (LIBOR 2M + 19,505 Seven West Media, Ltd.g ​5,139 1,491,307 3.250%), 1/31/2026b ​1,496,482 19,648 Telenor ASA ​394,215 Trans Union, LLC, Term Loan 65,975 Telstra Corporation, Ltd. ​156,391 4.044%, (LIBOR 1M + 14,400 TV Asahi Holdings Corporation ​227,324 526,568 2.000%), 4/9/2023b ​528,032 13,024 Twitter, Inc.g ​536,589 Tronox Finance, LLC, Term Loan 26,920 Verizon Communications, Inc. ​1,624,891 4.817%, (LIBOR 1M + 2.750%), 3,253 Wolters Kluwer NV ​237,356 1,307,080 9/22/2024b ​1,305,916 8,025 Zillow Group, Inc.g ​237,099 Total ​9,961,968 Total ​10,676,090

Technology (1.0%) Consumer Discretionary (4.3%) Clear Channel Outdoor Holdings, 1,740 Alibaba Group Holding, Ltd. ADRg ​290,980 Inc., Term Loan 1,536 Amazon.com, Inc.g ​2,666,358 5.544%, (LIBOR 1M + 1,900 AOKI Holdings, Inc. ​18,324 1,120,000 3.500%), 8/23/2026b ​1,122,397 3,000 Aoyama Trading Company, Ltd. ​52,360

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 3 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (46.7%) Value Shares Common Stock (46.7%) Value Consumer Discretionary (4.3%) - continued Consumer Staples (3.3%) - continued 4,062 Aptiv plc $355,100 5,356 Bunge, Ltd. $303,257 2,100 Autobacs Seven Company, Ltd. ​34,439 3,329 Carlsberg AS ​491,953 24,079 Barratt Developments plc ​191,683 1,449 Casey's General Stores, Inc. ​233,521 4,600 Benesse Holdings, Inc. ​119,831 12,003 Coca-Cola Company ​653,443 8,426 Berkeley Group Holdings plc ​432,626 12,412 Colgate-Palmolive Company ​912,406 331 Booking Holdings, Inc.g ​649,624 780 Costco Wholesale Corporation ​224,726 2,934 Bright Horizons Family Solutions, 24,397 Cott Corporation ​304,231 Inc.g ​447,435 3,555 ForFarmers BV ​22,394 1,186 Century Casinos, Inc.g ​9,168 799 Glanbia plc ​9,928 3,404 Children's Place, Inc.i ​262,074 25,889 Hain Celestial Group, Inc.g,i ​555,966 2,400 Chiyoda Company, Ltd. ​37,699 58,000 Japan Tobacco, Inc. ​1,270,759 2,376 Cie Generale des Etablissements 2,564 John B. Sanfilippo & Son, Inc. ​247,682 Michelin ​264,552 2,190 Kimberly-Clark Corporation ​311,089 47,000 Citizen Watch Company, Ltd. ​230,581 446 L'Oreal SA ​124,733 1,459 Compass Group plc ​37,544 800 Ministop Company, Ltd. ​10,309 4,737 Countryside Properties plch ​19,554 4,228 Monster Beverage Corporationg ​245,478 6,868 Crocs, Inc.g ​190,656 6,734 Nestle SA ​730,333 5,171 D.R. Horton, Inc. ​272,563 7,383 PepsiCo, Inc. ​1,012,209 13,400 Denso Corporation ​592,111 6,300 Philip Morris International, Inc. ​478,359 1,009 Emerald Expositions Events, Inc. ​9,818 8,032 Procter & Gamble Company ​999,020 8,359 Etsy, Inc.g ​472,283 7,300 Sugi Holdings Company, Ltd. ​396,174 900 Exedy Corporation ​17,647 15,100 Sundrug Company, Ltd. ​476,456 3,490 G-III Apparel Group, Ltd.g ​89,937 30,271 SunOpta, Inc.g ​54,488 8,558 Harley-Davidson, Inc. ​307,831 6,325 TreeHouse Foods, Inc.g ​350,721 6,866 Home Depot, Inc. ​1,593,049 1,200 TSURUHA Holdings, Inc. ​131,044 9,740 Lowe's Companies, Inc. ​1,071,010 7,703 Turning Point Brands, Inc. ​177,631 2,350 Lululemon Athletica, Inc.g ​452,445 12,763 Unilever NV ​766,388 800 McDonald's Corporation ​171,768 20,891 Unilever plc ​1,255,584 1,350 Mohawk Industries, Inc.g ​167,494 10,779 Wal-Mart Stores, Inc. ​1,279,252 42,469 Moneysupermarket.com Group plc ​197,502 Total ​14,082,100 4,371 Movado Group, Inc. ​108,663 1,233 Netflix,Inc. g ​329,975 Energy (2.0%) 14,600 NHK Spring Company, Ltd. ​112,002 13,000 BP plc ADRi ​493,870 6,526 NIKE, Inc. ​612,922 10,480 Chevron Corporation ​1,242,928 114,000 Nissan Motor Company, Ltd. ​711,743 6,067 Contura Energy, Inc.g ​169,633 5,975 Norwegian Cruise Line Holdings, 2,800 Diamondback Energy, Inc. ​251,748 Ltd.g ​309,326 18,650 Enbridge, Inc. ​654,242 2,100 Onward Holdings Company, Ltd. ​10,941 30,476 Enterprise Products Partners, LP ​871,004 2,447 Oxford Industries, Inc. ​175,450 16,025 EQT Corporation ​170,506 8,400 Park24 Company, Ltd. ​195,141 37,776 Euronav NV ​347,539 2,928 Playa Hotels and Resorts NVg ​22,926 420 Exxon Mobil Corporation ​29,656 1,600 Plenus Company, Ltd. ​26,880 571 Gaztransport Et Technigaz SA ​56,494 13,180 Red Rock Resorts, Inc. ​267,620 11,208 Halliburton Company ​211,271 21,141 Redrow plc ​160,554 34,170 Marathon Oil Corporation ​419,266 2,950 RHg,i ​503,949 9,677 Marathon Petroleum Corporation ​587,878 1,500 Rinnai Corporation ​101,074 9,096 Nine Energy Service, Inc.g ​56,122 4,200 Sangetsu Company, Ltd. ​79,340 19,091 Pacific Drilling SAg,i ​74,646 26,600 Sekisui House, Ltd. ​524,876 29,850 Patterson-UTI Energy, Inc. ​255,218 1,100 SHIMAMURA Company, Ltd. ​87,392 3,047 Pioneer Natural Resources Company ​383,221 3,390 Sony Corporation ADR ​200,451 25,327 Royal Dutch Shell plc, Class A ​742,785 3,150 Starbucks Corporation ​278,523 34,972 Royal Dutch Shell plc, Class B ​1,033,608 1,000 Sumitomo Forestry Company, Ltd. ​13,352 5,030 Talos Energy, Inc.g ​102,260 37,400 Sumitomo Rubber Industries, Ltd. ​445,358 24,598 WPX Energy, Inc.g ​260,493 7,535 Super Retail Group, Ltd. ​50,457 Total ​8,414,388 800 Takara Standard Company, Ltd. ​13,244 81,076 Taylor Wimpey plc ​160,929 Financials (8.2%) 11,563 Toll Brothers, Inc. ​474,661 4,290 AB Industrivarden ​93,848 17,900 Toyoda Gosei Company, Ltd. ​360,352 8,940 Aflac, Inc. ​467,741 1,700 United Arrows, Ltd. ​49,772 4,392 Allianz SE ​1,022,338 2,842 WH Smith plc ​69,444 17,100 Ally Financial, Inc. ​567,036 13,000 Yahoo Japan Corporation ​36,626 1,319 American Express Company ​156,011 4,582 Zumiez, Inc.g ​145,135 5,662 American Financial Group, Inc. ​610,647 Total ​18,365,124 5,430 American International Group, Inc. ​302,451 2,551 Ameriprise Financial, Inc. ​375,252 Consumer Staples (3.3%) 6,464 Ares Capital Corporation ​120,457 2,500 Arcs Company, Ltd. ​52,566

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 4 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (46.7%) Value Shares Common Stock (46.7%) Value Financials (8.2%) - continued Financials (8.2%) - continued 1,455 Argo Group International Holdings, 3,229 MidWestOne Financial Group, Inc. $98,549 Ltd. $102,199 504 Moody's Corporation ​103,234 23,734 Assured Guaranty, Ltd. ​1,055,214 6,540 Morgan Stanley ​279,062 1,413 Baloise Holding AG ​253,174 7,050 National Bank of Canada ​350,784 47,211 Bank Leumi Le-Israel BM ​336,134 4,457 Northern Trust Corporation ​415,927 56,639 Bank of America Corporation ​1,652,160 2,245 Paragon Banking Group plc ​13,313 308 Bank of Marin Bancorp ​12,779 2,150 Pargesa Holding SA ​165,375 11,384 Bank of Montreal ​838,473 11,608 PCSB Financial Corporation ​232,044 2,449 Berkshire Hathaway, Inc.g ​509,441 266 Peapack-Gladstone Financial 1,056 BlackRock, Inc. ​470,596 Corporation ​7,456 1,692 BOK Financial Corporation ​133,922 1,635 Primerica, Inc. ​208,021 6,681 Bridgewater Bancshares, Inc.g ​79,771 7,949 Prosight Global, Inc.g ​153,893 4,170 BrightSphere Investment Group ​41,325 2,560 Prudential Financial, Inc. ​230,272 7,530 Capital One Financial Corporation ​685,079 214 QCR Holdings, Inc. ​8,128 5,647 Charles Schwab Corporation ​236,214 15,700 Radian Group, Inc. ​358,588 2,830 Chubb, Ltd. ​456,875 5,010 Raymond James Financial, Inc. ​413,125 48,829 CI Financial Corporation ​712,431 3,982 Royal Bank of Canada ​323,014 19,931 Citigroup, Inc. ​1,376,833 1,087 S&P Global, Inc. ​266,293 17,883 CNP Assurances ​345,583 9,066 Santander Consumer USA Holdings, 3,924 Cohen & Steers, Inc. ​215,545 Inc. ​231,274 3,360 Comerica, Inc. ​221,726 8,753 Seacoast Banking Corporation of 1,246 Community Trust Bancorp, Inc. ​53,055 Floridag ​221,538 43,500 DBS Group Holdings, Ltd. ​786,963 2,600 Senshu Ikeda Holdings, Inc. ​4,514 784 Deutsche Boerse AG ​122,272 11,411 Skandinaviska Enskilda Banken AB ​104,852 16,170 Deutsche Pfandbriefbank AGh ​197,143 26,566 SLM Corporation ​234,445 27,878 Direct Line Insurance Group plc ​102,856 3,825 State Auto Financial Corporation ​123,892 20,435 DnB ASA ​360,228 2,414 State Street Corporation ​142,885 12,522 E*TRADE Financial Corporation ​547,086 4,983 Sun Life Financial, Inc. ​222,812 2,033 Ellington Residential Mortgage REIT ​21,428 10,092 Synovus Financial Corporation ​360,890 8,645 Euronext NVh ​707,863 4,631 Topdanmark AS ​223,549 313 FBL Financial Group, Inc. ​18,627 19,688 Toronto-Dominion Bank ​1,147,977 23,200 Fifth Third Bancorp ​635,216 4,489 TrustCo Bank Corporation ​36,585 370 Financial Institutions, Inc. ​11,167 13,610 U.S. Bancorp ​753,177 2,571 First Busey Corporation ​64,995 5,215 United Community Banks, Inc. ​147,845 754 First Citizens BancShares, Inc. ​355,549 218 Washington Trust Bancorp, Inc. ​10,532 335 First Defiance Financial Corporation ​9,703 116 Wells Fargo & Company ​5,851 140 First Financial Corporation ​6,086 20,905 Zions Bancorporations NA ​930,691 5,220 First Interstate BancSystem, Inc. ​210,053 Total ​34,957,881 239 First Mid-Illinois Bancshares, Inc. ​8,274 4,300 First Republic Bank ​415,810 Health Care (6.1%) 66,501 FlexiGroup, Ltd. ​114,668 4,303 Abbott Laboratories ​360,032 872 Goldman Sachs Group, Inc. ​180,704 4,672 Amgen, Inc. ​904,079 1,668 Great Southern Bancorp, Inc. ​94,993 2,217 Amplifon SPA ​54,391 1,912 Hamilton Lane, Inc. ​108,907 2,486 Anthem, Inc. ​596,889 17,491 Hartford Financial Services Group, 12,600 Bausch Health Companies, Inc.g ​275,310 Inc. ​1,060,129 670 Becton, Dickinson and Company ​169,483 4,282 Heartland Financial USA, Inc. ​191,577 582 Biogen, Inc.g ​135,501 18,160 Heritage Commerce Corporation ​213,471 2,766 Catalent, Inc.g ​131,828 958 Hometrust Bancshares, Inc. ​24,975 1,150 Cigna Holding Company ​174,558 4,063 Horace Mann Educators Corporation ​188,239 12,207 CVS Health Corporation ​769,895 2,151 Houlihan Lokey, Inc. ​97,010 8,174 Danaher Corporation ​1,180,571 97,562 HSBC Holdings plc ​747,541 4,868 Edwards Lifesciences Corporationg ​1,070,522 4,649 IBERIABANK Corporation ​351,185 19,614 Gilead Sciences, Inc. ​1,243,135 433 Independent Bank Corporation ​9,229 56,396 GlaxoSmithKline plc ​1,208,820 4,228 Intercontinental Exchange, Inc. ​390,118 22,376 Halozyme Therapeutics, Inc.g ​347,052 110,467 Israel Discount Bank, Ltd. ​485,523 732 Humana, Inc. ​187,150 9,372 J.P. Morgan Chase & Company ​1,102,991 916 Illumina, Inc.g ​278,666 1,761 Kemper Corporation ​137,270 739 Intuitive Surgical, Inc.g ​399,008 32,720 KeyCorp ​583,725 2,550 Jazz Pharmaceuticals, Inc.g ​326,757 646 Lakeland Bancorp, Inc. ​9,968 16,438 Johnson & Johnson ​2,126,748 7,771 Laurentian Bank of Canada ​264,127 1,100 KYORIN Holdings, Inc. ​18,261 38,873 Manulife Financial Corporation ​712,997 2,075 LHC Group, Inc.g ​235,637 504 Markel Corporationg ​595,678 2,125 Ligand Pharmaceuticals, Inc.g,i ​211,522 63,741 Medibank Private, Ltd. ​146,383 381 LNA Sante ​19,472 8,597 Meridian Bancorp, Inc. ​161,194 17,338 Medtronic plc ​1,883,254 7,830 MetLife, Inc. ​369,263 17,594 Merck & Company, Inc. ​1,481,063

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 5 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (46.7%) Value Shares Common Stock (46.7%) Value Health Care (6.1%) - continued Industrials (6.7%) - continued 5,300 Mitsubishi Tanabe Pharma 12,813 National Express Group plc $68,215 Corporation $58,408 9,800 Nitto Kogyo Corporation ​186,334 1,140 Neurocrine Biosciences, Inc.g ​102,725 5,470 Nobina ABh ​34,185 18,215 Novartis AG ​1,580,825 3,380 Norfolk Southern Corporation ​607,251 28,076 Novo Nordisk AS ​1,450,861 3,906 Northgate plc ​15,849 8,804 Optinose, Inc.g,i ​61,628 1,550 Old Dominion Freight Line, Inc. ​263,454 1,116 PerkinElmer, Inc. ​95,050 18,315 PageGroup plc ​98,730 12,170 Pfizer, Inc. ​437,268 2,350 Parker Hannifin Corporation ​424,434 9,871 Recordati SPA ​423,357 16,902 Primoris Services Corporation ​331,448 4,857 Roche Holding AG ​1,414,187 4,342 Raven Industries, Inc. ​145,283 6,177 Syneos Health, Inc.g ​328,678 33,536 RELX plc ​796,467 3,992 Thermo Fisher Scientific, Inc. ​1,162,750 7,504 Ritchie Brothers Auctioneers, Inc. ​299,410 8,156 UnitedHealth Group, Inc. ​1,772,462 749 Roper Industries, Inc. ​267,093 2,950 Universal Health Services, Inc. ​438,813 1,787 Saia, Inc.g ​167,442 1,524 Vertex Pharmaceuticals, Inc.g ​258,196 6,079 Sandvik AB ​94,638 16,080 Wright Medical Group NVg ​331,730 7,119 Schneider Electric SE ​622,502 3,302 Zoetis, Inc. ​411,396 16,396 Signify NVh ​450,606 Total ​26,117,938 22,474 SKF AB ​371,116 58,400 Sojitz Corporation ​181,675 Industrials (6.7%) 15,450 Southwest Airlines Company ​834,455 1,359 Aalberts NV ​53,818 1,573 Spirax-Sarco Engineering plc ​151,548 3,877 ACS Actividades de Construccion y 775 Standex International Corporation ​56,529 Servicios, SA ​154,910 32,200 Sumitomo Corporation ​504,106 10,158 AGCO Corporation ​768,961 52,400 Sumitomo Electric Industries, Ltd. ​668,699 16,897 Altra Industrial Motion Corporation ​467,962 1,500 Taikisha, Ltd. ​45,417 6,987 AMETEK, Inc. ​641,546 1,925 Teledyne Technologies, Inc.g ​619,831 6,636 Arcosa, Inc. ​227,018 4,200 Toppan Forms Company, Ltd. ​39,894 5,064 ASGN, Inc.g ​318,323 2,814 Transcontinental, Inc. ​32,880 23,174 Atlas Copco AB, Class A ​713,600 3,100 Tsubakimoto Chain Company ​99,781 12,472 Atlas Copco AB, Class B ​337,730 219 UniFirst Corporation ​42,731 2,904 AZZ, Inc. ​126,498 5,550 United Airlines Holdings, Inc.g ​490,676 910 Boeing Company ​346,228 12,404 United Technologies Corporation ​1,693,394 1,989 CBIZ, Inc.g ​46,741 2,300 Valmont Industries, Inc. ​318,412 2,441 CIA De Distribucion Integral ​47,563 5,777 Verisk Analytics, Inc. ​913,575 1,833 Crane Company ​147,795 1,076 Waste Connections, Inc. ​98,992 1,082 CSW Industrials, Inc. ​74,690 1,700 Yuasa Trading Company, Ltd. ​48,664 3,792 CSX Corporation ​262,672 Total ​28,603,564 4,971 Curtiss-Wright Corporation ​643,098 10,710 Delta Air Lines, Inc. ​616,896 Information Technology (9.0%) 6,012 EMCOR Group, Inc. ​517,753 3,630 Accenture plc ​698,230 7,366 Emerson Electric Company ​492,491 2,028 Advanced Energy Industries, Inc.g ​116,427 4,904 Encore Wire Corporation ​275,997 32,466 Advanced Micro Devices, Inc.g ​941,189 29 Geberit AG ​13,859 9,350 Akamai Technologies, Inc.g ​854,403 5,705 General Dynamics Corporation ​1,042,475 3,450 Alliance Data Systems Corporation ​442,048 289 Gorman-Rupp Company ​10,054 8,324 Amadeus IT Holding SA ​596,430 1,903 Granite Construction, Inc. ​61,143 6,430 Amphenol Corporation ​620,495 1,900 GS Yuasa Corporation ​33,000 2,946 ANSYS, Inc.g ​652,127 32,976 GWA Group, Ltd.i ​75,489 14,701 Apple, Inc. ​3,292,583 500 Hanwa Company, Ltd. ​13,728 636 Arista Networks, Inc.g ​151,953 5,900 Hino Motors, Ltd. ​48,894 4,702 Automatic Data Processing, Inc. ​758,997 12,574 Honeywell International, Inc. ​2,127,521 3,918 Blackline, Inc.g ​187,320 3,450 Huntington Ingalls Industries, Inc. ​730,676 23,500 Canon, Inc. ​628,441 1,455 ICF International, Inc. ​122,904 7,030 Capgemini SA ​827,794 2,717 IDEX Corporation ​445,262 16,220 CGI, Inc.g ​1,282,566 3,900 Inaba Denki Sangyo Company, Ltd. ​171,254 18,169 Ciena Corporationg ​712,770 3,440 Ingersoll-Rand plc ​423,842 67,432 Cisco Systems, Inc. ​3,331,815 7,580 Johnson Controls International plc ​332,686 3,627 Clearwater Energy, Inc. ​62,892 9,274 Koninklijke Philips NV ​428,544 2,886 Computer Services, Inc. ​131,313 9,393 Legrand SA ​670,380 24,499 Computershare, Ltd. ​267,819 2,691 Lockheed Martin Corporation ​1,049,651 6,050 DocuSign, Inc.g ​374,616 39,200 Marubeni Corporation ​261,424 12,809 Dolby Laboratories, Inc. ​827,974 400 Masonite International Corporationg ​23,200 1,932 Euronet Worldwide, Inc.g ​282,652 16,900 Mitsubishi Corporation ​416,127 447 Fair Isaac Corporationg ​135,673 3,000 Mitsuboshi Belting, Ltd. ​49,392 1,546 Fiserv, Inc.g ​160,150 36,800 Mitsui & Company, Ltd. ​604,492 30,285 Halma plc ​733,058 6,559 MRC Global, Inc.g ​79,561

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 6 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (46.7%) Value Shares Common Stock (46.7%) Value Information Technology (9.0%) - continued Materials (1.7%) - continued 377 International Business Machines 953 PPG Industries, Inc. $112,940 Corporation $54,823 22,087 Sandfire Resources NL ​97,905 2,906 Intuit, Inc. ​772,822 500 Sanyo Special Steel Company, Ltd. ​6,703 3,400 KLA-Tencor Corporation ​542,130 11,150 Steel Dynamics, Inc. ​332,270 727 Lam Research Corporation ​168,017 1,500 Taiyo Holdings Company, Ltd. ​50,707 5,400 Lattice Semiconductor Corporationg ​98,739 6,800 Toagosei Company, Ltd. ​77,111 5,748 MasterCard, Inc. ​1,560,984 2,043 United States Lime & Minerals, Inc. ​156,290 16,061 Micron Technology, Inc.g ​688,214 7,426 UPM-Kymmene Oyj ​219,280 36,430 Microsoft Corporation ​5,064,863 10,156 Verso Corporationg ​125,731 321 MicroStrategy, Inc.g ​47,627 Total ​7,072,573 856 Monolithic Power Systems, Inc. ​133,219 1,370 Motorola Solutions, Inc. ​233,462 Real Estate (1.9%) 6,843 National Instruments Corporation ​287,338 2,634 Agree Realty Corporation ​192,677 5,200 NEC Networks & System Integration 3,256 Alexandria Real Estate Equities, Inc. ​501,554 Corporation ​141,614 3,488 Allied Properties REIT ​141,036 1,610 Nice, Ltd. ADRg ​231,518 3,480 Alstria Office REIT AG ​59,702 1,603 NVIDIA Corporation ​279,034 7,101 American Campus Communities, Inc. ​341,416 16,878 Oracle Corporation ​928,796 2,335 American Tower Corporation ​516,338 5,127 PayPal Holdings, Inc.g ​531,106 5,914 Apple Hospitality REIT, Inc. ​98,054 5,577 Plexus Corporationg ​348,618 27,000 Ascendas REIT ​60,977 3,960 QUALCOMM, Inc. ​302,069 5,107 Camden Property Trust ​566,928 2,006 Rogers Corporationg ​274,240 7,996 Castellum AB ​171,186 2,100 Ryoyo Electro Corporation ​36,022 3,846 Choice Properties REIT ​41,919 9,332 SailPoint Technologies Holdings, Inc.g ​174,415 94 Cofinimmo SA ​13,237 2,742 Salesforce.com, Inc.g ​407,022 1,122 CoreSite Realty Corporation ​136,716 328 Samsung Electronics Company, Ltd. 7,046 Cousins Properties, Inc. ​264,859 GDR ​334,193 4,100 Daito Trust Construction Company, 10,000 Shinko Electric Industries Company, Ltd. ​525,122 Ltd. ​85,820 809 Deutsche EuroShop AG ​22,819 2,537 Square, Inc.g ​157,167 2,655 Digital Realty Trust, Inc. ​344,646 4,500 Synopsys, Inc.g ​617,625 11,973 Duke Realty Corporation ​406,723 5,614 TE Connectivity, Ltd. ​523,113 1,060 Entra ASAh ​16,625 8,500 Teradata Corporationg ​263,500 1,564 First Capital Realty, Inc. ​26,054 8,550 Teradyne, Inc. ​495,130 32 GLP J-Reit ​42,440 12,742 Texas Instruments, Inc. ​1,646,776 5,808 Granite REIT ​281,227 400 TTM Technologies, Inc.g ​4,878 1,980 H&R REIT ​34,568 1,287 VeriSign, Inc.g ​242,767 27,971 Host Hotels & Resorts, Inc. ​483,619 5,784 Virtusa Corporationg ​208,340 57,000 Hysan Development Company, Ltd. ​229,860 5,679 Visa, Inc. ​976,845 14,842 Klepierre SA ​504,043 704 Workday, Inc.g ​119,652 317 LEG Immobilien AG ​36,276 Total ​38,054,233 25,800 Mapletree Commercial Trust ​42,769 17,200 Mapletree Logistics Trust ​20,163 Materials (1.7%) 5,203 Merlin Properties Socimi SA ​72,641 8,980 Alcoa Corporationg ​180,229 10,976 MGIC Investment Corporation ​138,078 1,399 Balchem Corporation ​138,767 148,528 Mirvac Group ​306,839 6,750 Ball Corporation ​491,467 7,759 Physicians Realty Trust ​137,722 22,718 BHP Group, Ltd. ​561,375 2,398 PSP Swiss Property AG ​304,455 3,321 Boise Cascade Company ​108,231 6,000 QTS Realty Trust, Inc. ​308,460 9,200 CF Industries Holdings, Inc. ​452,640 5,259 Quebecor, Inc. ​119,403 7,150 Eastman Chemical Company ​527,885 4,409 RioCan REIT ​87,791 4,450 Ecolab, Inc. ​881,278 19,000 Road King Infrastructure, Ltd. ​32,095 10,031 Granges AB ​102,367 1,034 Swiss Prime Site AG ​101,192 1,859 Hexpol AB ​14,269 7,581 TAG Immobilien AG ​173,003 2,700 Hokuetsu Corporation ​13,567 1,978 Terreno Realty Corporation ​101,056 14,800 JSR Corporation ​238,291 44,700 Wing Tai Holdings, Ltd. ​66,295 1,133 Kadant, Inc. ​99,466 Total ​8,072,583 874 Kaiser Aluminum Corporation ​86,500 4,511 Koninklijke DSM NV ​543,044 Utilities (1.0%) 9,800 Kyoei Steel, Ltd. ​184,653 34,369 AGL Energy, Ltd. ​444,631 1,600 Lintec Corporation ​31,851 8,250 Alliant Energy Corporation ​444,923 13,077 Louisiana-Pacific Corporation ​321,433 6,900 CMS Energy Corporation ​441,255 9,900 Mitsubishi Gas Chemical Company, 7,696 Contact Energy, Ltd. ​41,161 Inc. ​133,154 20,751 Enagas SA ​479,692 1,300 Nippon Kayaku Company, Ltd. ​15,588 4,650 Entergy Corporation ​545,724 40,900 Nippon Steel Corporation ​573,105 17,052 Exelon Corporation ​823,782 3,820 Nucor Corporation ​194,476 2,682 New Jersey Resources Corporation ​121,280

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 7 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (46.7%) Value Principal Utilities (1.0%) - continued Amount Long-Term Fixed Income (24.9%) Value 2,751 Northland Power, Inc. $52,784 Asset-Backed Securities (2.2%) - continued 1,903 NorthWestern Corporation ​142,820 Park Avenue Institutional Advisers 4,451 PNM Resources, Inc. ​231,808 CLO, Ltd. 5,850 Public Service Enterprise Group, Inc. ​363,168 3.778%, (LIBOR 3M + 1,785 Spire, Inc. ​155,723 1.500%), 10/20/2031, Ser. 398 Unitil Corporation ​25,249 $800,000 2018-1A, Class A1Bb,h $787,889 Total ​4,314,000 Preston Ridge Partners Mortgage Trust, LLC Total Common Stock 4.250%, 1/25/2022, Ser. (cost $181,228,549) ​198,730,474 45,831 2017-1A, Class A1h,j ​45,931 Pretium Mortgage Credit Partners, Principal LLC Amount Long-Term Fixed Income (24.9%) Value 3.721%, 1/25/2059, Ser. Asset-Backed Securities (2.2%) 393,777 2019-CFL1, Class A1h,j ​392,932 Babson CLO, Ltd. 4.826%, 9/25/2058, Ser. 5.178%, (LIBOR 3M + 2.900%), 210,993 2018-NPL4, Class A1h,j ​212,146 7/20/2029, Ser. 2018-3A, Riserva CLO, Ltd. 675,000 Class Db,h ​630,950 4.000%, (LIBOR 3M + Bayview Opportunity Master Fund 1.700%), 10/18/2028, Ser. Trust 350,000 2016-3A, Class BRb,h ​349,161 3.228%, 8/28/2034, Ser. Sound Point CLO X, Ltd. 379,036 2019-LT1, Class A1h ​379,153 4.978%, (LIBOR 3M + Benefit Street Partners CLO IV, Ltd. 2.700%), 1/20/2028, Ser. 4.028%, (LIBOR 3M + 400,000 2015-3A, Class DRb,h ​388,923 1.750%), 1/20/2029, Ser. Sound Point CLO XXI, Ltd. 300,000 2014-IVA, Class A2RRb,h ​299,857 3.717%, (LIBOR 3M + 1.450%), Business Jet Securities, LLC 10/26/2031, Ser. 2018-3A, 4.447%, 6/15/2033, Ser. 800,000 Class A1Bb,h ​787,594 401,654 2018-2, Class Ah ​408,743 THL Credit Wind River CLO, Ltd. Cent CLO, LP 5.153%, (LIBOR 3M + 4.576%, (LIBOR 3M + 2.300%), 2.850%), 7/15/2028, Ser. 10/25/2028, Ser. 2018-27A, 350,000 2016-1A, Class DRb,h ​340,355 850,000 Class Bb,h ​843,292 Vericrest Opportunity Loan College Ave Student Loans, LLC Transferee 3.668%, (LIBOR 1M + 3.352%, 9/25/2049, Ser. 1.650%), 11/26/2046, Ser. 346,304 2019-NPL5, Class A1Ah,j ​347,381 244,437 2017-A, Class A1b,h ​245,317 Total ​9,437,297 Foundation Finance Trust 3.300%, 7/15/2033, Ser. Basic Materials (0.4%) 202,929 2017-1A, Class Ah ​203,835 Anglo American Capital plc Harley Marine Financing, LLC 86,000 4.125%, 9/27/2022h ​89,578 5.682%, 5/15/2043, Ser. BHP Billiton Finance USA, Ltd. 453,375 2018-1A, Class A2h ​396,703 144,000 6.750%, 10/19/2075b,h ​168,300 Madison Park Funding XIV, Ltd. CF Industries, Inc. 3.678%, (LIBOR 3M + 195,000 3.450%, 6/1/2023 ​197,925 1.400%), 10/22/2030, Ser. First Quantum Minerals, Ltd. 500,000 2014-14A, Class A2RRb,h ​493,677 240,000 7.500%, 4/1/2025h ​236,400 OHA Credit Funding 1, Ltd. Kinross Gold Corporation 3.728%, (LIBOR 3M + 44,000 5.125%, 9/1/2021 ​45,650 1.450%), 10/20/2030, Ser. Novelis Corporation 390,000 2018-1A, Class A2b,h ​385,244 230,000 5.875%, 9/30/2026h ​241,212 OZLM Funding II, Ltd. Olin Corporation 3.766%, (LIBOR 3M + 200,000 5.125%, 9/15/2027 ​204,500 1.500%), 7/30/2031, Ser. Packaging Corporation of America 785,000 2012-2A, Class A1BRb,h ​777,836 63,000 2.450%, 12/15/2020 ​63,131 OZLM IX, Ltd. Peabody Securities Finance 3.828%, (LIBOR 3M + Corporation 1.550%), 10/20/2031, Ser. 170,000 6.375%, 3/31/2025h ​167,982 425,000 2014-9A, Class A1BRb,h ​422,828 Syngenta Finance NV Palmer Square Loan Funding, Ltd. 71,000 3.933%, 4/23/2021h ​72,298 4.528%, (LIBOR 3M + Tronox Finance plc 2.250%), 4/20/2027, Ser. 130,000 5.750%, 10/1/2025h ​122,948 300,000 2019-1A, Class Bb,h ​297,550 Vale Overseas, Ltd. 20,000 4.375%, 1/11/2022 ​20,650

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 8 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Basic Materials (0.4%) - continued Capital Goods (1.2%) - continued Xstrata Finance Canada, Ltd. United Technologies Corporation $66,000 4.950%, 11/15/2021h $69,036 $78,000 3.950%, 8/16/2025 $85,389 Total ​1,699,610 Waste Management, Inc. 35,000 2.950%, 6/15/2024 ​36,190 Capital Goods (1.2%) Total ​5,061,574 AECOM 100,000 5.875%, 10/15/2024 ​108,700 Collateralized Mortgage Obligations (4.4%) 170,000 5.125%, 3/15/2027 ​178,500 Alternative Loan Trust 2007-6 Aerojet Rocketdyne Holdings, Inc., 5.750%, 4/25/2047, Ser. Convertible 168,562 2007-6, Class A4 ​149,018 240,000 2.250%, 12/15/2023 ​478,500 Antler Mortgage Trust Amsted Industries, Inc. 4.458%, 6/27/2022, Ser. 150,000 5.625%, 7/1/2027h ​158,250 400,000 2019-RTL1, Class A1h ​405,420 Ardagh Packaging Finance plc 4.335%, 7/25/2022, Ser. 220,000 6.000%, 2/15/2025h ​230,032 1,225,000 2018-RTL1, Class A1h ​1,231,823 Bombardier, Inc. Banc of America Alternative Loan 340,000 7.500%, 3/15/2025h ​339,575 Trust Building Materials Corporation of 6.000%, 11/25/2035, Ser. America 263,444 2005-10, Class 3CB1 ​253,980 280,000 6.000%, 10/15/2025h ​293,569 Banc of America Mortgage Securities Caterpillar Financial Services Trust Corporation 4.305%, 9/25/2035, Ser. 65,000 1.850%, 9/4/2020 ​64,906 311,101 2005-H, Class 3A1b ​309,851 53,000 1.900%, 9/6/2022 ​52,932 Banc of America Mortgage Cemex SAB de CV Securities, Inc. 300,000 5.700%, 1/11/2025h ​308,613 4.252%, 9/25/2035, Ser. Chart Industries, Inc., Convertible 60,576 2005-H, Class 2A1b ​59,666 29,000 1.000%, 11/15/2024h ​36,286 Bear Stearns ARM Trust Cintas Corporation No. 2 4.471%, 1/25/2034, Ser. 64,000 2.900%, 4/1/2022 ​65,401 81,392 2003-8, Class 5Ab ​81,772 CNH Industrial Capital, LLC Bellemeade Re 2018-1, Ltd. 64,000 4.875%, 4/1/2021 ​66,252 3.618%, (LIBOR 1M + Covanta Holding Corporation 1.600%), 4/25/2028, Ser. 120,000 6.000%, 1/1/2027 ​126,300 752,204 2018-1A, Class M1Bb,h ​753,034 Crown Americas Capital Corporation CHL Mortgage Pass-Through Trust IV 3.837%, 11/20/2035, Ser. 190,000 4.500%, 1/15/2023 ​199,500 287,102 2005-HYB7, Class 6A1b ​262,083 General Electric Company 4.254%, 12/20/2035, Ser. 260,000 5.000%, 1/21/2021b,k ​246,675 141,241 2005-HYB8, Class 3A1b ​138,529 H&E Equipment Services, Inc. 6.000%, 11/25/2037, Ser. 185,000 5.625%, 9/1/2025 ​190,439 456,964 2007-18, Class 1A2 ​390,658 KBR, Inc., Convertible CIM Trust 80,000 2.500%, 11/1/2023h ​92,555 5.000%, 12/25/2057, Ser. Lockheed Martin Corporation 331,110 2018-R3, Class A1b,h ​346,950 65,000 2.500%, 11/23/2020 ​65,285 Citigroup Mortgage Loan Trust, Inc. Owens-Brockway Glass Container, 4.738%, 4/25/2037, Ser. Inc. 378,260 2007-AR5, Class 1A1Ab ​377,759 225,000 5.000%, 1/15/2022h ​232,076 Countrywide Alternative Loan Trust Parker-Hannifin Corporation 6.500%, 8/25/2036, Ser. 70,000 2.700%, 6/14/2024 ​71,305 298,496 2006-23CB, Class 2A3 ​181,048 Republic Services, Inc. Countrywide Home Loan Mortgage 34,000 2.500%, 8/15/2024 ​34,374 Pass Through Trust Reynolds Group Issuer, Inc. 3.985%, 11/25/2035, Ser. 340,000 5.125%, 7/15/2023h ​348,075 164,786 2005-22, Class 2A1b ​149,428 Rockwell Collins, Inc. Credit Suisse First Boston Mortgage 41,000 2.800%, 3/15/2022 ​41,676 Securities Corporation Roper Technologies, Inc. 5.250%, 10/25/2035, Ser. 33,000 2.350%, 9/15/2024 ​33,009 124,344 2005-9, Class 1A3 ​126,782 Textron Financial Corporation Credit Suisse Mortgage Capital 3.893%, (LIBOR 3M + Certificates 500,000 1.735%), 2/15/2042b,h ​378,135 3.322%, 10/25/2058, Ser. TTM Technologies, Inc., Convertible 298,952 2019-RPL8, Class A1b,h ​300,218 148,000 1.750%, 12/15/2020 ​197,330 United Rentals North America, Inc. 290,000 5.500%, 7/15/2025 ​301,745

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 9 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Collateralized Mortgage Obligations (4.4%) - Collateralized Mortgage Obligations (4.4%) - continued continued Deutsche Alt-A Securities, Inc., IndyMac Seconds Asset-Backed Trust Mortgage Loan Trust 2.358%, (LIBOR 1M + 5.250%, 6/25/2035, Ser. 0.340%), 10/25/2036, Ser. $240,163 2005-3, Class 4A6 $251,326 $167,754 2006-2B, Class Ab,m $91,665 3.423%, 8/25/2035, Ser. J.P. Morgan Alternative Loan Trust 175,415 2005-AR1, Class 2A3b ​167,522 6.500%, 3/25/2036, Ser. Eagle Re, Ltd. 411,571 2006-S1, Class 1A19 ​344,364 3.818%, (LIBOR 1M + Legacy Mortgage Asset Trust 1.800%), 4/25/2029, Ser. 4.000%, 1/25/2059, Ser. 500,000 2019-1, Class M1Bb,h ​501,913 449,723 2019-GS1, Class A1h ​455,115 Federal Home Loan Mortgage Master Asset Securitization Trust Corporation - REMIC 2.518%, (LIBOR 1M + 3.000%, 5/15/2027, Ser. 0.500%), 6/25/2036, Ser. 986,248 4046, Class GIl ​66,706 519,113 2006-2, Class 2A2b ​217,792 3.500%, 10/15/2032, Ser. Merrill Lynch Mortgage Investors 981,928 4119, Class KIl ​118,743 Trust 3.000%, 4/15/2033, Ser. 4.338%, 6/25/2035, Ser. 1,159,629 4203, Class DIl ​87,090 295,385 2005-A5, Class M1b ​310,166 Federal National Mortgage Oak Hill Advisors Residential Loan Association - REMIC Trust 3.000%, 7/25/2027, Ser. 3.125%, 6/25/2057, Ser. 1,253,534 2012-73, Class DIl ​93,130 25,046 2017-NPL1, Class A1h,j ​25,045 3.000%, 7/25/2027, Ser. Preston Ridge Partners Mortgage 986,207 2012-74, Class AIl ​64,473 Trust, LLC 3.000%, 8/25/2027, Ser. 4.500%, 1/25/2024, Ser. 2,004,117 2012-95, Class HIl ​129,308 152,688 2019-1A, Class A1h,j ​153,767 3.000%, 11/25/2027, Ser. 3.967%, 4/25/2024, Ser. 2,300,442 2012-121, Class BIl ​166,237 469,815 2019-2A, Class A1h,j ​474,577 3.000%, 12/25/2027, Ser. Pretium Mortgage Credit Partners, 1,415,828 2012-139, Class DIl ​96,904 LLC 2.500%, 1/25/2028, Ser. 4.213%, 7/25/2060, Ser. 701,108 2012-152, Class AIl ​45,861 390,576 2019-NPL1, Class A1h,j ​393,815 3.000%, 1/25/2028, Ser. Radnor RE, Ltd. 1,890,789 2012-147, Class EIl ​129,520 4.718%, (LIBOR 1M + 3.000%, 2/25/2028, Ser. 2.700%), 3/25/2028, Ser. 783,878 2013-2, Class GIl ​56,791 525,000 2018-1, Class M2b,h ​527,648 3.000%, 3/25/2028, Ser. RCO 2017-INV1 Trust 3,011,332 2013-18, Class ILl ​202,432 3.197%, 11/25/2052, Ser. 2.500%, 6/25/2028, Ser. 554,070 2017-INV1, Class Ab,h ​550,772 722,140 2013-87, Class IWl ​47,904 Renaissance Home Equity Loan Trust 3.000%, 11/25/2031, Ser. 5.285%, 1/25/2037, Ser. 1,096,449 2013-69, Class IOl ​67,772 535,303 2006-4, Class AF2j ​275,472 3.000%, 2/25/2033, Ser. Residential Accredit Loans, Inc. Trust 661,532 2013-1, Class YIl ​77,063 6.000%, 8/25/2035, Ser. GMAC Mortgage Corporation Loan 180,291 2005-QS10, Class 2A ​181,569 Trust 5.750%, 9/25/2035, Ser. 4.072%, 5/25/2035, Ser. 195,555 2005-QS13, Class 2A3 ​194,071 115,577 2005-AR2, Class 4Ab ​113,338 6.000%, 1/25/2037, Ser. 2.518%, (LIBOR 1M + 157,404 2007-QS1, Class 1A1 ​149,164 0.500%), 8/25/2035, Ser. Residential Asset Securitization Trust 61,903 2005-HE1, Class A2b,m ​73,449 3.614%, 1/25/2034, Ser. GMACM Mortgage Loan Trust 204,582 2004-IP1, Class A1b ​204,521 4.632%, 11/19/2035, Ser. Residential Funding Mortgage 78,980 2005-AR6, Class 1A1b ​78,081 Security I Trust GSAA Home Equity Trust 6.000%, 7/25/2037, Ser. 4.485%, 8/25/2034, Ser. 318,028 2007-S7, Class A20 ​312,629 76,740 2004-10, Class M2j ​80,087 Starwood Mortgage Residential Trust IndyMac INDA Mortgage Loan Trust 4.121%, 10/25/2048, Ser. 3.868%, 8/25/2036, Ser. 395,999 2018-IMC2, Class A1b,h ​403,512 847,918 2006-AR1, Class A1b ​820,779 Structured Adjustable Rate Mortgage IndyMac INDX Mortgage Loan Trust Loan Trust 2.228%, (LIBOR 1M + 4.240%, 7/25/2035, Ser. 0.210%), 4/25/2046, Ser. 114,258 2005-15, Class 4A1b ​107,271 381,914 2006-AR2, Class 1A1Bb ​360,519

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 10 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Collateralized Mortgage Obligations (4.4%) - Communications Services (2.0%) - continued continued $36,000 4.500%, 2/1/2024 $38,679 4.256%, 9/25/2035, Ser. 37,000 4.908%, 7/23/2025 ​40,662 $213,425 2005-18, Class 1A1b $188,816 Comcast Corporation Structured Asset Mortgage 88,000 1.625%, 1/15/2022 ​87,662 Investments, Inc. 39,000 3.700%, 4/15/2024 ​41,583 2.328%, (LIBOR 1M + 39,000 3.950%, 10/15/2025 ​42,463 0.310%), 12/25/2035, Ser. Cox Communications, Inc. 446,174 2005-AR4, Class A1b ​448,302 51,000 2.950%, 6/30/2023h ​51,721 Toorak Mortgage Corporation Crown Castle International 4.375%, 8/25/2021, Ser. Corporation 500,000 2018-1, Class A1h,j ​505,121 35,000 3.400%, 2/15/2021 ​35,479 4.458%, 3/25/2022, Ser. 44,000 3.150%, 7/15/2023 ​45,183 500,000 2019-1, Class A1h,j ​508,036 CSC Holdings, LLC Vericrest Opportunity Loan Trust 200,000 5.500%, 5/15/2026h ​210,480 3.750%, 4/25/2048, Ser. Deutsche Telekom International 291,923 2018-NPL1, Class A1h,j ​292,389 Finance BV 3.967%, 3/25/2049, Ser. 34,000 2.485%, 9/19/2023h ​34,189 194,684 2019-NPL3, Class A1h,j ​195,771 Discovery Communications, LLC 3.352%, 8/25/2049, Ser. 85,000 2.950%, 3/20/2023 ​86,369 192,980 2019-NPL4, Class A1Ah,j ​193,326 DISH Network Corporation, Verus Securitization Trust Convertible 3.345%, 4/25/2059, Ser. 1,104,000 3.375%, 8/15/2026 ​1,011,491 357,835 2019-2, Class A2b,h ​359,851 Embarq Corporation Wachovia Asset Securitization, Inc. 110,000 7.995%, 6/1/2036 ​108,728 2.158%, (LIBOR 1M + 0.140%), Fox Corporation 7/25/2037, Ser. 2007-HE1, 76,000 4.030%, 1/25/2024h ​80,853 272,680 Class Ab,h,m ​255,801 Frontier Communications WaMu Mortgage Pass Through Corporation Certificates 110,000 8.000%, 4/1/2027h ​116,016 3.326%, (12 MTA + 0.880%), GCI Liberty, Inc., Convertible 10/25/2046, Ser. 2006-AR13, 759,000 1.750%, 9/30/2046h ​923,134 320,619 Class 1Ab ​303,861 Gray Escrow, Inc. 3.186%, (12 MTA + 0.740%), 220,000 7.000%, 5/15/2027h ​241,714 1/25/2047, Ser. 2006-AR19, IAC FinanceCo, Inc., Convertible 163,337 Class 1Ab ​158,542 185,000 0.875%, 10/1/2022h ​282,196 Wells Fargo Home Equity Trust Level 3 Communications, Inc. 2.518%, (LIBOR 1M + 200,000 5.375%, 1/15/2024 ​203,970 0.500%), 4/25/2034, Ser. Level 3 Financing, Inc. 254,852 2004-1, Class M1b ​251,337 190,000 5.250%, 3/15/2026 ​197,572 Wells Fargo Mortgage Backed Liberty Interactive, LLC, Convertible Securities Trust 118,000 1.800%, 1/15/2031 ​107,704 5.005%, 3/25/2036, Ser. Liberty Media Corporation, 107,033 2006-AR2, Class 2A1b ​109,976 Convertible 5.500%, 4/25/2036, Ser. 451,000 1.000%, 1/30/2023 ​564,800 123,726 2006-4, Class 2A2 ​122,030 Moody's Corporation 6.000%, 7/25/2037, Ser. 44,000 2.750%, 12/15/2021 ​44,581 93,448 2007-10, Class 1A1 ​94,177 Neptune Finco Corporation Total ​18,775,238 100,000 10.875%, 10/15/2025h ​113,245 Netflix, Inc. Communications Services (2.0%) 200,000 4.875%, 4/15/2028 ​203,490 AMC Networks, Inc. Nexstar Escrow Corporation 300,000 5.000%, 4/1/2024 ​309,000 174,000 5.625%, 8/1/2024h ​181,108 American Tower Corporation Sirius XM Radio, Inc. 65,000 2.800%, 6/1/2020 ​65,247 220,000 5.000%, 8/1/2027h ​226,919 41,000 2.950%, 1/15/2025 ​41,889 Sprint Corporation AT&T, Inc. 420,000 7.625%, 2/15/2025 ​462,000 140,000 4.450%, 4/1/2024 ​151,450 Telefonica Emisiones SAU CCO Holdings, LLC 53,000 4.570%, 4/27/2023 ​57,131 125,000 5.500%, 5/1/2026h ​130,925 T-Mobile USA, Inc. 110,000 5.125%, 5/1/2027h ​114,812 340,000 4.500%, 2/1/2026 ​349,962 CCOH Safari, LLC Twitter, Inc., Convertible 305,000 5.750%, 2/15/2026h ​321,775 379,000 0.250%, 6/15/2024 ​401,123 Charter Communications Operating, Verizon Communications, Inc. LLC 102,000 2.946%, 3/15/2022 ​104,445 78,000 3.579%, 7/23/2020 ​78,698

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 11 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Communications Services (2.0%) - continued Consumer Cyclical (1.4%) - continued 3.258%, (LIBOR 3M + Macy's Retail Holdings, Inc. $81,000 1.100%), 5/15/2025b $82,252 $16,000 3.875%, 1/15/2022 $16,273 Viacom, Inc. 25,000 2.875%, 2/15/2023 ​24,684 65,000 4.250%, 9/1/2023 ​68,933 Mattamy Group Corporation 100,000 5.875%, 2/28/2057b ​103,813 180,000 6.500%, 10/1/2025h ​189,000 Virgin Media Secured Finance plc McDonald's Corporation 220,000 5.250%, 1/15/2026h ​226,050 70,000 3.350%, 4/1/2023 ​73,062 Vodafone Group plc MGM Resorts International 52,000 3.750%, 1/16/2024 ​54,826 170,000 6.000%, 3/15/2023 ​187,289 Total ​8,446,322 185,000 5.750%, 6/15/2025 ​203,731 Navistar International Corporation Consumer Cyclical (1.4%) 185,000 6.625%, 11/1/2025h ​187,775 Allison Transmission, Inc. New Red Finance, Inc. 305,000 5.000%, 10/1/2024h ​311,672 185,000 4.250%, 5/15/2024h ​190,311 American Honda Finance 60,000 5.000%, 10/15/2025h ​61,980 Corporation Prime Security Services Borrower, 66,000 2.000%, 2/14/2020 ​65,994 LLC 52,000 2.050%, 1/10/2023 ​51,932 235,000 5.750%, 4/15/2026h ​244,706 BMW Finance NV Ralph Lauren Corporation 34,000 2.250%, 8/12/2022h ​34,030 60,000 2.625%, 8/18/2020 ​60,379 Brookfield Property REIT, Inc. Scientific Games International, Inc. 110,000 5.750%, 5/15/2026h ​114,950 110,000 5.000%, 10/15/2025h ​113,498 Brookfield Residential Properties, ServiceMaster Company, LLC Inc. 220,000 5.125%, 11/15/2024h ​228,250 240,000 6.250%, 9/15/2027h ​241,200 Six Flags Entertainment Corporation Cinemark USA, Inc. 230,000 4.875%, 7/31/2024h ​238,050 263,000 4.875%, 6/1/2023 ​266,616 Viking Cruises, Ltd. D.R. Horton, Inc. 160,000 5.875%, 9/15/2027h ​169,536 60,000 2.550%, 12/1/2020 ​60,176 Visa, Inc. Daimler Finance North America, LLC 65,000 2.200%, 12/14/2020 ​65,250 32,000 2.550%, 8/15/2022h ​32,122 Volkswagen Group of America Ford Motor Credit Company, LLC Finance, LLC 87,000 2.597%, 11/4/2019 ​86,996 62,000 4.250%, 11/13/2023h ​66,061 64,000 3.336%, 3/18/2021 ​64,297 Yum! Brands, Inc. 78,000 5.596%, 1/7/2022 ​81,951 245,000 5.000%, 6/1/2024h ​254,187 General Motors Financial Company, 60,000 4.750%, 1/15/2030h ​61,875 Inc. Total ​5,933,839 64,000 2.650%, 4/13/2020 ​64,085 64,000 4.375%, 9/25/2021 ​66,119 Consumer Non-Cyclical (1.4%) 36,000 4.200%, 11/6/2021 ​37,139 Abbott Laboratories 43,000 3.150%, 6/30/2022 ​43,498 88,000 2.550%, 3/15/2022 ​88,915 42,000 6.500%, 9/30/2028b,k ​42,210 46,000 3.400%, 11/30/2023 ​48,358 Hanesbrands, Inc. AbbVie, Inc. 170,000 4.875%, 5/15/2026h ​179,605 88,000 2.500%, 5/14/2020 ​88,201 Harley-Davidson Financial Services, 44,000 2.900%, 11/6/2022 ​44,845 Inc. Albertson's Companies, LLC 52,000 4.050%, 2/4/2022h ​53,633 220,000 6.625%, 6/15/2024 ​230,450 Hilton Domestic Operating Company, Allergan, Inc. Inc. 35,000 2.800%, 3/15/2023 ​35,324 220,000 4.875%, 1/15/2030h ​232,287 Altria Group, Inc. Home Depot, Inc. 35,000 3.800%, 2/14/2024 ​36,591 65,000 2.625%, 6/1/2022 ​66,505 35,000 4.400%, 2/14/2026 ​37,415 Hyundai Capital America Anheuser-Busch Companies, LLC 52,000 3.000%, 6/20/2022h ​52,395 35,000 3.650%, 2/1/2026 ​37,501 L Brands, Inc. Anheuser-Busch InBev Finance, Inc. 245,000 6.694%, 1/15/2027 ​240,712 40,000 3.300%, 2/1/2023 ​41,582 Landry's, Inc. Anheuser-Busch InBev Worldwide, 220,000 6.750%, 10/15/2024h ​225,500 Inc. Lennar Corporation 56,000 4.150%, 1/23/2025 ​61,182 65,000 2.950%, 11/29/2020 ​64,916 Anthem, Inc., Convertible 20,000 4.125%, 1/15/2022 ​20,475 10,000 2.750%, 10/15/2042 ​33,451 265,000 4.500%, 4/30/2024 ​279,177 B&G Foods, Inc. Live Nation Entertainment, Inc. 80,000 5.250%, 9/15/2027 ​81,808 110,000 5.375%, 6/15/2022h ​111,375 BAT Capital Corporation 100,000 5.625%, 3/15/2026h ​106,375 44,000 2.764%, 8/15/2022 ​44,417

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 12 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Consumer Non-Cyclical (1.4%) - continued Consumer Non-Cyclical (1.4%) - continued $56,000 3.222%, 8/15/2024 $56,677 Post Holdings, Inc. Bayer U.S. Finance II, LLC $100,000 5.500%, 3/1/2025h $104,750 70,000 3.500%, 6/25/2021h ​71,400 Reynolds American, Inc. Becton, Dickinson and Company 35,000 4.850%, 9/15/2023 ​37,881 70,000 3.363%, 6/6/2024 ​73,019 Shire Acquisitions Investments Boston Scientific Corporation Ireland Designated Activity 70,000 3.450%, 3/1/2024 ​73,035 Company Bunge, Ltd. Finance Corporation 86,000 2.400%, 9/23/2021 ​86,399 65,000 3.500%, 11/24/2020 ​65,702 Simmons Foods, Inc. Cardtronics, Inc., Convertible 210,000 5.750%, 11/1/2024h ​204,750 284,000 1.000%, 12/1/2020 ​276,793 Smithfield Foods, Inc. Celgene Corporation 66,000 2.700%, 1/31/2020h ​65,961 56,000 3.625%, 5/15/2024 ​59,141 Spectrum Brands, Inc. Centene Corporation 170,000 5.750%, 7/15/2025 ​177,393 220,000 4.750%, 1/15/2025 ​225,830 Teleflex, Inc. Cigna Corporation 180,000 4.625%, 11/15/2027 ​187,875 75,000 4.125%, 11/15/2025 ​80,759 Tenet Healthcare Corporation Conagra Brands, Inc. 60,000 4.625%, 7/15/2024 ​61,664 37,000 3.800%, 10/22/2021 ​38,183 170,000 5.125%, 11/1/2027h ​175,669 37,000 4.300%, 5/1/2024 ​39,705 Teva Pharmaceutical Finance Constellation Brands, Inc. Netherlands III BV 70,000 4.250%, 5/1/2023 ​74,840 65,000 2.200%, 7/21/2021 ​59,394 CVS Health Corporation UnitedHealth Group, Inc. 44,000 2.750%, 12/1/2022 ​44,540 65,000 3.350%, 7/15/2022 ​67,351 129,000 3.700%, 3/9/2023 ​134,267 Valeant Pharmaceuticals 70,000 4.100%, 3/25/2025 ​74,746 International, Inc. Energizer Holdings, Inc. 110,000 5.875%, 5/15/2023h ​111,375 200,000 6.375%, 7/15/2026h,i ​214,228 VRX Escrow Corporation Express Scripts Holding Company 460,000 6.125%, 4/15/2025h ​477,250 44,000 4.750%, 11/15/2021 ​46,239 Zimmer Biomet Holdings, Inc. Forest Laboratories, LLC 70,000 3.550%, 4/1/2025 ​73,502 21,000 4.875%, 2/15/2021h ​21,584 Zoetis, Inc. General Mills, Inc. 65,000 3.450%, 11/13/2020 ​65,839 35,000 3.700%, 10/17/2023 ​36,844 52,000 3.250%, 2/1/2023 ​53,379 35,000 3.650%, 2/15/2024 ​36,731 Total ​6,084,186 HCA, Inc. 320,000 5.375%, 2/1/2025 ​349,600 Energy (1.3%) Imperial Brands Finance plc Alliance Resource Operating 34,000 3.125%, 7/26/2024h ​34,072 Partners, LP J.M. Smucker Company 170,000 7.500%, 5/1/2025h ​167,875 42,000 2.200%, 12/6/2019 ​41,985 Antero Resources Corporation JBS USA Lux SA 200,000 5.125%, 12/1/2022 ​175,500 240,000 5.500%, 1/15/2030h ​254,395 BP Capital Markets America, Inc. JBS USA, LLC 172,000 2.520%, 9/19/2022 ​174,075 180,000 5.750%, 6/15/2025h ​187,528 BP Capital Markets plc Kellogg Company 44,000 2.315%, 2/13/2020 ​44,047 78,000 3.125%, 5/17/2022 ​79,781 Canadian Natural Resources, Ltd. Keurig Dr Pepper, Inc. 43,000 2.950%, 1/15/2023 ​43,784 82,000 3.551%, 5/25/2021 ​83,813 Canadian Oil Sands, Ltd. Kroger Company 43,000 9.400%, 9/1/2021h ​48,001 43,000 2.800%, 8/1/2022 ​43,755 Cheniere Corpus Christi Holdings, Mead Johnson Nutrition Company LLC 65,000 3.000%, 11/15/2020 ​65,563 170,000 7.000%, 6/30/2024 ​195,288 Mondelez International Holdings Cheniere Energy Partners, LP Netherlands BV 235,000 5.625%, 10/1/2026 ​249,370 65,000 2.000%, 10/28/2021h ​64,870 Chesapeake Energy Corporation Mylan NV 220,000 7.000%, 10/1/2024 ​157,850 41,000 3.150%, 6/15/2021 ​41,523 Continental Resources, Inc. Mylan, Inc. 23,000 5.000%, 9/15/2022 ​23,203 34,000 4.200%, 11/29/2023 ​35,636 Diamondback Energy, Inc. Par Pharmaceutical, Inc. 220,000 4.750%, 11/1/2024 ​225,225 110,000 7.500%, 4/1/2027h ​100,100 Enbridge, Inc. Pernod Ricard SA 42,000 2.900%, 7/15/2022 ​42,797 35,000 5.750%, 4/7/2021h ​36,830 267,000 6.250%, 3/1/2078b ​282,989

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 13 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Energy (1.3%) - continued Energy (1.3%) - continued Energy Transfer Operating, LP $70,000 5.250%, 10/15/2027 $70,525 $41,000 4.200%, 9/15/2023 $43,134 Total ​5,309,820 70,000 5.875%, 1/15/2024 ​77,829 80,000 6.625%, 2/15/2028b,k ​75,600 Financials (4.1%) EnLink Midstream Partners, LP ACE INA Holdings, Inc. 220,000 4.850%, 7/15/2026 ​209,000 65,000 2.875%, 11/3/2022 ​66,630 Enterprise Products Operating, LLC AIG Global Funding 200,000 4.875%, 8/16/2077b ​193,250 86,000 2.150%, 7/2/2020h ​86,073 EOG Resources, Inc. Air Lease Corporation 65,000 2.625%, 3/15/2023 ​66,258 83,000 2.500%, 3/1/2021 ​83,242 EQM Midstream Partners LP Aircastle, Ltd. 56,000 4.750%, 7/15/2023 ​56,211 51,000 5.000%, 4/1/2023 ​54,621 Hess Corporation Ally Financial, Inc. 41,000 3.500%, 7/15/2024 ​41,846 210,000 5.750%, 11/20/2025 ​235,204 Kinder Morgan Energy Partners, LP American Express Company 88,000 3.450%, 2/15/2023 ​90,761 40,000 3.375%, 5/17/2021 ​40,800 Marathon Oil Corporation 34,000 3.700%, 8/3/2023 ​35,824 44,000 2.700%, 6/1/2020 ​44,086 35,000 3.400%, 2/22/2024 ​36,608 Marathon Petroleum Corporation Ares Capital Corporation 35,000 4.750%, 12/15/2023 ​37,986 86,000 3.875%, 1/15/2020 ​86,229 MPLX, LP Ares Capital Corporation, Convertible 66,000 4.500%, 7/15/2023 ​70,315 294,000 4.625%, 3/1/2024 ​309,215 Nabors Industries, Inc. Athene Global Funding 120,000 5.750%, 2/1/2025 ​88,800 60,000 4.000%, 1/25/2022h ​62,269 Newfield Exploration Company Australia and New Zealand Banking 35,000 5.625%, 7/1/2024 ​38,614 Group, Ltd. Noble Energy, Inc. 130,000 6.750%, 6/15/2026b,h,k ​143,975 52,000 3.900%, 11/15/2024 ​54,518 Avolon Holdings Funding, Ltd. Occidental Petroleum Corporation 18,000 5.250%, 5/15/2024h ​19,273 14,000 4.850%, 3/15/2021 ​14,476 BAC Capital Trust XIV 71,000 2.700%, 8/15/2022 ​71,621 4.000%, (LIBOR 3M + 53,000 2.900%, 8/15/2024 ​53,402 92,000 0.400%), 10/17/2019b,k ​80,454 Parsley Energy, LLC Bank of America Corporation 170,000 5.625%, 10/15/2027h ​175,525 84,000 2.738%, 1/23/2022b ​84,486 Plains All American Pipeline, LP 82,000 3.499%, 5/17/2022b ​83,624 94,000 5.000%, 2/1/2021 ​96,432 115,000 3.550%, 3/5/2024b ​119,595 169,000 6.125%, 11/15/2022b,k ​159,191 164,000 5.125%, 6/20/2024b,k ​169,945 13,000 2.850%, 1/31/2023 ​13,001 143,000 3.864%, 7/23/2024b ​150,607 Precision Drilling Corporation 70,000 4.200%, 8/26/2024 ​75,085 130,000 7.125%, 1/15/2026h ​120,250 276,000 6.250%, 9/5/2024b,k ​300,288 Sabine Pass Liquefaction, LLC 35,000 3.458%, 3/15/2025b ​36,518 43,000 6.250%, 3/15/2022 ​46,332 Bank of Montreal 43,000 5.625%, 4/15/2023 ​46,726 105,000 3.300%, 2/5/2024 ​109,273 Southwestern Energy Company Bank of New York Mellon Corporation 185,000 7.500%, 4/1/2026 ​160,950 88,000 2.600%, 2/7/2022 ​89,215 Sunoco Logistics Partners Bank of Nova Scotia Operations, LP 2.718%, (LIBOR 3M + 65,000 4.400%, 4/1/2021 ​66,766 41,000 0.440%), 4/20/2021b ​41,155 Sunoco, LP 64,000 2.700%, 3/7/2022 ​65,119 110,000 5.500%, 2/15/2026 ​114,804 72,000 2.375%, 1/18/2023 ​72,630 100,000 5.875%, 3/15/2028 ​106,125 Barclays plc Tallgrass Energy Partners, LP 200,000 7.750%, 9/15/2023b,k ​208,134 355,000 5.500%, 1/15/2028h ​346,977 62,000 4.338%, 5/16/2024b ​64,770 Transocean Guardian, Ltd. BB&T Corporation 178,000 5.875%, 1/15/2024h ​178,890 86,000 2.150%, 2/1/2021 ​86,139 W&T Offshore, Inc. 34,000 2.500%, 8/1/2024 ​34,274 190,000 9.750%, 11/1/2023h ​181,378 112,000 4.800%, 9/1/2024b,k ​111,999 Western Gas Partners, LP Blackstone Mortgage Trust, Inc., 44,000 4.000%, 7/1/2022 ​44,533 Convertible Williams Partners, LP 65,000 4.375%, 5/5/2022 ​67,681 88,000 4.000%, 11/15/2021 ​90,454 BNP Paribas SA WPX Energy, Inc. 300,000 7.625%, 3/30/2021b,h,k ​316,125 130,000 5.750%, 6/1/2026 ​133,250 BPCE SA 35,000 3.000%, 5/22/2022h ​35,516

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 14 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Financials (4.1%) - continued Financials (4.1%) - continued Camden Property Trust General Electric Capital Corporation $35,000 4.875%, 6/15/2023 $38,057 $35,000 3.100%, 1/9/2023 $35,465 Capital One Bank USA NA Goldman Sachs Group, Inc. 52,000 3.375%, 2/15/2023 ​53,589 86,000 5.375%, 5/10/2020b,k ​86,645 Capital One Financial Corporation 88,000 5.250%, 7/27/2021 ​92,726 129,000 3.050%, 3/9/2022 ​131,572 3.328%, (LIBOR 3M + 1.170%), Central Fidelity Capital Trust I 65,000 11/15/2021b ​65,498 3.303%, (LIBOR 3M + 88,000 3.000%, 4/26/2022 ​88,978 135,000 1.000%), 4/15/2027b ​125,550 59,000 2.876%, 10/31/2022b ​59,683 CIT Bank NA 3.177%, (LIBOR 3M + 1.050%), 32,000 2.969%, 9/27/2025b ​32,040 43,000 6/5/2023b ​43,258 CIT Group, Inc. 70,000 3.625%, 2/20/2024 ​73,436 185,000 4.750%, 2/16/2024 ​195,638 206,000 5.500%, 8/10/2024b,i,k ​216,300 Citigroup, Inc. GS Finance Corporation, Convertible 88,000 2.650%, 10/26/2020 ​88,537 891,000 0.500%, 6/23/2025c ​913,453 104,000 2.350%, 8/2/2021 ​104,476 Hannon Armstrong Sustainable 43,000 2.750%, 4/25/2022 ​43,641 Infrastructure Capital, Convertible 2.946%, (LIBOR 3M + 61,000 4.125%, 9/1/2022 ​68,091 43,000 0.690%), 10/27/2022b ​43,055 Hartford Financial Services Group, 83,000 3.142%, 1/24/2023b ​84,538 Inc. 184,000 5.000%, 9/12/2024b,k ​186,245 4.283%, (LIBOR 3M + 105,000 3.352%, 4/24/2025b ​108,894 66,000 2.125%), 2/12/2047b,h ​56,120 92,000 5.950%, 5/15/2025b,k ​97,407 Hospitality Properties Trust CNA Financial Corporation 60,000 4.250%, 2/15/2021 ​60,814 35,000 5.750%, 8/15/2021 ​37,173 HSBC Holdings plc 40,000 3.950%, 5/15/2024 ​42,932 128,000 3.400%, 3/8/2021 ​129,958 Commonwealth Bank of Australia 88,000 6.875%, 6/1/2021b,k ​92,312 86,000 2.250%, 3/10/2020h ​86,078 88,000 6.375%, 9/17/2024b,k ​92,345 Cooperatieve Centrale Raiffeisen- Huntington Bancshares, Inc. Boerenleenbank BA 80,000 3.150%, 3/14/2021 ​81,074 86,000 3.950%, 11/9/2022 ​89,576 Icahn Enterprises, LP Credit Agricole SA 75,000 6.750%, 2/1/2024 ​78,000 43,000 3.375%, 1/10/2022h ​43,961 90,000 6.375%, 12/15/2025 ​94,636 122,700 8.125%, 12/23/2025b,h,k ​144,326 ILFC E-Capital Trust II Credit Suisse Group AG 4.020%, (H15T30Y + 1.800%), 138,000 7.500%, 12/11/2023b,h,k ​152,490 138,000 12/21/2065b,h ​96,200 34,000 2.593%, 9/11/2025b,h ​33,680 ING Groep NV 200,000 6.375%, 8/21/2026b,h,k ​207,000 150,000 6.000%, 4/16/2020b,k ​151,365 Credit Suisse Group Funding 70,000 4.100%, 10/2/2023 ​74,312 (Guernsey), Ltd. International Lease Finance 132,000 3.800%, 9/15/2022 ​137,144 Corporation Danske Bank AS 88,000 4.625%, 4/15/2021 ​90,617 61,000 5.000%, 1/12/2022h ​64,134 88,000 5.875%, 8/15/2022 ​96,417 Deutsche Bank AG Iron Mountain, Inc. 43,000 2.700%, 7/13/2020 ​42,912 122,936 6.000%, 8/15/2023 ​125,837 129,000 4.250%, 10/14/2021 ​130,861 iStar, Inc., Convertible Digital Realty Trust, LP 81,000 3.125%, 9/15/2022 ​85,777 65,000 2.750%, 2/1/2023 ​65,660 J.P. Morgan Chase & Company Discover Bank 2.818%, (LIBOR 3M + 28,000 8.700%, 11/18/2019 ​28,217 65,000 0.680%), 6/1/2021b ​65,104 51,000 2.450%, 9/12/2024 ​50,862 99,000 2.776%, 4/25/2023b ​100,421 Discover Bank of Greenwood 70,000 3.375%, 5/1/2023 ​72,419 Delaware 108,000 5.150%, 5/1/2023b,k ​111,105 35,000 4.200%, 8/8/2023 ​37,206 3.513%, (LIBOR 3M + Fidelity National Financial, Inc. 89,000 1.230%), 10/24/2023b ​90,411 57,000 5.500%, 9/1/2022 ​61,171 296,000 5.000%, 8/1/2024b,k ​304,140 Fifth Third Bancorp 70,000 3.875%, 9/10/2024 ​74,578 65,000 2.600%, 6/15/2022 ​65,698 145,000 4.023%, 12/5/2024b ​154,675 35,000 3.650%, 1/25/2024 ​36,898 Liberty Mutual Group, Inc. FTI Consulting, Inc., Convertible 35,000 5.000%, 6/1/2021h ​36,321 253,000 2.000%, 8/15/2023 ​307,929 Lincoln National Corporation GE Capital International Funding 55,000 6.250%, 2/15/2020 ​55,761 Company 4.481%, (LIBOR 3M + 147,000 3.373%, 11/15/2025 ​149,987 50,000 2.358%), 5/17/2066b ​40,516

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 15 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Financials (4.1%) - continued Financials (4.1%) - continued Lloyds Banking Group plc Societe Generale SA $51,000 2.858%, 3/17/2023b $51,165 $265,000 8.000%, 9/29/2025b,h,k $298,456 65,000 3.900%, 3/12/2024 ​68,025 Standard Chartered plc 156,000 6.657%, 5/21/2037b,h,k ​166,530 52,000 2.744%, 9/10/2022b,h ​52,054 Macquarie Bank, Ltd. State Street Capital Trust IV 178,000 6.125%, 3/8/2027b,h,k ​179,113 3.119%, (LIBOR 3M + Marsh & McLennan Companies, Inc. 482,000 1.000%), 6/15/2047b ​369,892 56,000 3.875%, 3/15/2024 ​59,698 Sumitomo Mitsui Financial Group, MGIC Investment Corporation, Inc. Convertible 43,000 2.784%, 7/12/2022 ​43,640 459,000 9.000%, 4/1/2063h ​613,626 136,000 2.778%, 10/18/2022 ​138,049 Mitsubishi UFJ Financial Group, Inc. 39,000 2.448%, 9/27/2024 ​38,974 44,000 2.998%, 2/22/2022 ​44,767 SunTrust Banks, Inc. 53,000 2.623%, 7/18/2022 ​53,426 55,000 2.900%, 3/3/2021 ​55,572 83,000 3.455%, 3/2/2023 ​85,906 Synchrony Financial 35,000 3.407%, 3/7/2024 ​36,418 3.517%, (LIBOR 3M + 1.230%), Mizuho Financial Group, Inc. 30,000 2/3/2020b ​30,064 53,000 2.721%, 7/16/2023b ​53,440 34,000 2.850%, 7/25/2022 ​34,300 Morgan Stanley 38,000 4.250%, 8/15/2024 ​40,093 88,000 2.800%, 6/16/2020 ​88,444 Toronto-Dominion Bank 86,000 5.500%, 7/28/2021 ​91,226 51,000 2.550%, 1/25/2021 ​51,385 43,000 2.750%, 5/19/2022 ​43,619 35,000 3.250%, 3/11/2024 ​36,608 10,000 4.875%, 11/1/2022 ​10,723 UBS Group Funding Jersey, Ltd. 84,000 3.125%, 1/23/2023 ​86,168 86,000 3.000%, 4/15/2021h ​87,030 34,000 2.720%, 7/22/2025b ​34,392 USB Realty Corporation MPT Operating Partnership, LP 3.450%, (LIBOR 3M + 1.147%), 100,000 5.500%, 5/1/2024 ​102,625 436,000 1/15/2022b,h,k ​372,780 130,000 4.625%, 8/1/2029 ​133,900 Ventas Realty, LP Nordea Bank Abp 41,000 3.100%, 1/15/2023 ​42,059 200,000 6.625%, 3/26/2026b,h,k ​215,250 35,000 3.750%, 5/1/2024 ​36,918 Park Aerospace Holdings, Ltd. Wachovia Capital Trust II 17,000 4.500%, 3/15/2023h ​17,592 2.803%, (LIBOR 3M + PNC Bank NA 50,000 0.500%), 1/15/2027b ​46,250 86,000 2.450%, 11/5/2020 ​86,384 Wells Fargo & Company PNC Financial Services Group, Inc. 50,000 2.100%, 7/26/2021 ​49,985 35,000 3.500%, 1/23/2024 ​36,980 43,000 2.625%, 7/22/2022 ​43,478 Preferred Term Securities XXIII, Ltd. 3.393%, (LIBOR 3M + 1.110%), 2.319%, (LIBOR 3M + 124,000 1/24/2023b ​125,361 140,656 0.200%), 12/22/2036b,h ​128,466 70,000 4.125%, 8/15/2023 ​74,274 Quicken Loans, Inc. 3.486%, (LIBOR 3M + 295,000 5.750%, 5/1/2025h ​304,219 60,000 1.230%), 10/31/2023b ​60,906 Realty Income Corporation 38,000 3.750%, 1/24/2024 ​40,244 64,000 5.750%, 1/15/2021 ​66,374 Total ​17,426,523 Regions Financial Corporation 55,000 3.200%, 2/8/2021 ​55,677 Mortgage-Backed Securities (4.2%) 41,000 3.800%, 8/14/2023 ​43,251 Federal Home Loan Mortgage Reinsurance Group of America, Inc. Corporation 64,000 4.700%, 9/15/2023 ​69,161 3.500%, 8/15/2035, Ser. Royal Bank of Canada 1,044,688 345, Class C8l ​109,845 87,000 2.125%, 3/2/2020 ​87,059 Federal Home Loan Mortgage Royal Bank of Scotland Group plc Corporation Gold 30-Yr. Pass 208,000 8.625%, 8/15/2021b,k ​222,737 Through 35,000 6.125%, 12/15/2022 ​37,871 298 9.000%, 4/1/2025 ​325 35,000 6.100%, 6/10/2023 ​38,122 2,113 8.000%, 6/1/2027 ​2,339 185,000 5.125%, 5/28/2024 ​197,213 1,035 8.000%, 8/1/2030 ​1,216 88,000 4.269%, 3/22/2025b ​92,035 Federal National Mortgage Santander Holdings USA, Inc. Association Conventional 15-Yr. 56,000 4.450%, 12/3/2021 ​58,488 Pass Through Santander UK Group Holdings plc 1,400,000 2.500%, 10/1/2034e ​1,412,059 86,000 2.875%, 8/5/2021 ​86,307 2,000,000 3.500%, 10/1/2034e ​2,068,594 Simon Property Group, LP 3,860,000 3.000%, 10/1/2034e ​3,946,096 90,000 2.500%, 7/15/2021 ​90,699 Federal National Mortgage 34,000 2.000%, 9/13/2024 ​33,652 Association Conventional 30-Yr. SITE Centers Corporation Pass Through 20,000 4.625%, 7/15/2022 ​20,906 384 8.000%, 11/1/2026 ​422

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 16 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Principal Amount Long-Term Fixed Income (24.9%) Value Amount Long-Term Fixed Income (24.9%) Value Mortgage-Backed Securities (4.2%) - continued Technology (1.4%) - continued $2,946 8.500%, 4/1/2030 $3,564 NXP BV/NXP Funding, LLC 3,880,000 3.500%, 10/1/2049e ​3,980,789 $52,000 4.875%, 3/1/2024h $56,391 6,243,000 3.000%, 10/1/2049e ​6,338,108 Okta, Inc., Convertible Government National Mortgage 295,000 0.125%, 9/1/2025h ​267,095 Association 30-Yr. Pass Through ON Semiconductor Corporation, 553 9.000%, 12/15/2026 ​621 Convertible Total ​17,863,978 57,000 1.000%, 12/1/2020 ​66,534 266,000 1.625%, 10/15/2023 ​319,851 Technology (1.4%) Oracle Corporation Akamai Technologies, Inc., 65,000 2.500%, 5/15/2022 ​65,822 Convertible Panasonic Corporation 321,000 0.375%, 9/1/2027h ​327,227 53,000 2.536%, 7/19/2022h ​53,323 Apple, Inc. Plantronics, Inc. 86,000 2.400%, 1/13/2023 ​87,405 170,000 5.500%, 5/31/2023h ​170,425 122,000 3.450%, 5/6/2024 ​129,898 Seagate HDD Cayman Baidu, Inc. 19,000 4.250%, 3/1/2022 ​19,573 43,000 3.000%, 6/30/2020 ​43,148 SS&C Technologies, Inc. Booking Holdings, Inc., Convertible 170,000 5.500%, 9/30/2027h ​177,654 177,000 0.350%, 6/15/2020 ​264,559 Verint Systems, Inc., Convertible Broadcom Corporation 159,000 1.500%, 6/1/2021 ​159,866 86,000 2.650%, 1/15/2023 ​85,920 Total ​5,907,618 CommScope Technologies Finance, LLC Transportation (0.2%) 210,000 6.000%, 6/15/2025h ​189,525 Air Canada Pass Through Trust Cypress Semiconductor Corporation, 17,526 3.875%, 3/15/2023h ​17,759 Convertible Boeing Company 126,000 4.500%, 1/15/2022 ​219,697 70,000 3.100%, 5/1/2026 ​73,446 Dell International, LLC/EMC CSX Corporation Corporation 35,000 3.700%, 11/1/2023 ​37,016 52,000 4.000%, 7/15/2024h ​54,391 Delta Air Lines, Inc. Diamond 1 Finance Corporation 64,000 2.875%, 3/13/2020 ​64,137 122,000 5.450%, 6/15/2023h ​132,849 Hertz Corporation Diamond Sports Group, LLC 120,000 5.500%, 10/15/2024h ​120,180 230,000 6.625%, 8/15/2027h,i ​238,292 J.B. Hunt Transport Services, Inc. Equinix, Inc. 65,000 3.300%, 8/15/2022 ​66,482 200,000 5.750%, 1/1/2025 ​208,260 Penske Truck Leasing Company, LP Fiserv, Inc. 35,000 3.375%, 2/1/2022h ​35,722 75,000 2.750%, 7/1/2024 ​76,283 Ryder System, Inc. Global Payments, Inc. 75,000 3.500%, 6/1/2021 ​76,622 17,000 2.650%, 2/15/2025 ​17,072 Union Pacific Corporation Harland Clarke Holdings Corporation 62,000 3.750%, 7/15/2025 ​66,783 95,000 8.375%, 8/15/2022h ​77,900 United Airlines Pass Through Trust Hewlett Packard Enterprise Company 65,000 3.700%, 12/1/2022 ​66,794 111,000 3.600%, 10/15/2020 ​112,428 United Continental Holdings, Inc. 33,000 2.250%, 4/1/2023 ​32,904 230,000 4.875%, 1/15/2025 ​241,983 Inception Merger Sub, Inc. XPO Logistics, Inc. 180,000 8.625%, 11/15/2024h,i ​165,582 150,000 6.750%, 8/15/2024h ​162,375 Intel Corporation Total ​1,029,299 65,000 3.100%, 7/29/2022 ​67,274 Intel Corporation, Convertible Utilities (0.7%) 242,000 3.250%, 8/1/2039 ​614,675 Alabama Power Company j2 Global, Inc., Convertible 44,000 2.450%, 3/30/2022 ​44,524 208,000 3.250%, 6/15/2029 ​294,909 Ameren Corporation Marvell Technology Group, Ltd. 65,000 2.700%, 11/15/2020 ​65,339 41,000 4.200%, 6/22/2023 ​42,977 34,000 2.500%, 9/15/2024 ​34,173 Microchip Technology, Inc., Berkshire Hathaway Energy Company Convertible 96,000 2.400%, 2/1/2020 ​96,071 119,000 1.625%, 2/15/2027 ​153,190 Calpine Corporation Microsoft Corporation 95,000 5.375%, 1/15/2023 ​96,187 88,000 2.400%, 2/6/2022 ​89,231 110,000 5.875%, 1/15/2024h ​112,475 NCR Corporation CenterPoint Energy, Inc. 150,000 6.125%, 9/1/2029h ​158,108 43,000 2.500%, 9/1/2022 ​43,298 Nuance Communications, Inc., 34,000 2.500%, 9/1/2024 ​33,956 Convertible Consolidated Edison, Inc. 681,000 1.250%, 4/1/2025 ​667,380 44,000 2.000%, 3/15/2020 ​43,976

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 17 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Principal Registered Investment Companies Amount Long-Term Fixed Income (24.9%) Value Shares (8.7%) Value Utilities (0.7%) - continued Unaffiliated (1.8%)- continued Dominion Energy, Inc. 28,200 Invesco Variable Rate Preferred ETF $716,844 $35,000 2.715%, 8/15/2021 $35,228 5,435 iShares iBoxx $ High Yield Corporate 35,000 3.071%, 8/15/2024 ​35,817 Bond ETFi ​473,769 DTE Energy Company 2,382 iShares Russell 2000 Value Index 56,000 3.300%, 6/15/2022 ​57,389 Fund ​284,435 53,000 2.529%, 10/1/2024 ​53,164 49,000 iShares S&P U.S. Preferred Stock Duke Energy Corporation Index Fund ​1,838,970 86,000 2.400%, 8/15/2022 ​86,870 3,590 Materials Select Sector SPDR Fund ​208,938 138,000 4.875%, 9/16/2024b,k ​141,174 39,971 MFS Intermediate Income Trust ​152,689 Edison International 1,100 SPDR Bloomberg Barclays High Yield 109,000 2.950%, 3/15/2023 ​109,234 Bond ETF ​119,614 Evergy, Inc. 4,597 SPDR S&P Metals & Mining ETF ​116,994 34,000 2.450%, 9/15/2024 ​33,941 2,187 SPDR S&P Retail ETF ​92,794 Eversource Energy 42,782 Templeton Global Income Fund ​262,681 43,000 2.500%, 3/15/2021 ​43,135 10,463 VanEck Vectors Oil Services ETF ​122,940 Exelon Generation Company, LLC 15,303 Vanguard Real Estate ETF ​1,427,005 52,000 5.200%, 10/1/2019 ​52,000 8,050 Vanguard Short-Term Corporate 65,000 2.950%, 1/15/2020 ​65,089 Bond ETF ​652,453 FirstEnergy Corporation 54,379 Western Asset High Income 66,000 2.850%, 7/15/2022 ​67,005 Opportunity Fund, Inc. ​274,614 Fortis, Inc. Total ​7,685,798 60,000 2.100%, 10/4/2021 ​59,800 Georgia Power Company Affiliated (6.9%) 34,000 2.200%, 9/15/2024 ​33,605 2,979,427 Thrivent Core Emerging Markets NextEra Energy Operating Partners, Debt Fund ​29,228,184 LP Total ​29,228,184 220,000 3.875%, 10/15/2026h ​220,000 NiSource, Inc. Total Registered Investment 56,000 3.650%, 6/15/2023 ​58,466 Companies (cost $36,497,311) 36,913,982 213,000 5.650%, 6/15/2023b,k ​214,065 NRG Energy, Inc., Convertible Shares Preferred Stock (1.4%) Value 125,000 2.750%, 6/1/2048 ​140,482 Communications Services (0.1%) Oncor Electric Delivery Company, LLC 385 Crown Castle International 52,000 2.750%, 6/1/2024h ​53,398 Corporation, Convertible, 6.875% ​486,659 Pinnacle West Capital Corporation Total ​486,659 42,000 2.250%, 11/30/2020 ​41,971 PPL Capital Funding, Inc. Consumer Staples (0.1%) 70,000 3.950%, 3/15/2024 ​73,896 12,800 CHS, Inc., 7.100%b,k ​340,608 PSEG Power, LLC Total ​340,608 55,000 3.000%, 6/15/2021 ​55,559 Public Service Enterprise Group, Inc. Energy (0.2%) 35,000 2.875%, 6/15/2024 ​35,917 45,708 Crestwood Equity Partners, LP, Sempra Energy 9.250%k ​422,113 25,000 2.400%, 3/15/2020 ​25,011 1,600 Energy Transfer Operating, LP, Southern Company 7.600%b,k ​40,544 43,000 2.350%, 7/1/2021 ​43,129 7,136 Nustar Logistics, LP, 9.037%b ​184,751 TerraForm Power Operating, LLC Total ​647,408 190,000 5.000%, 1/31/2028h ​197,600 TransCanada Trust Financials (0.7%) 350,000 5.875%, 8/15/2076b ​370,251 3,174 Agribank FCB, 6.875%b,k ​339,618 Total ​2,973,195 5,700 Allstate Corporation, 5.100%k ​149,682 5,000 Bank of America Corporation, Total Long-Term Fixed Income 5.000%k ​128,300 (cost $104,634,265) ​105,948,499 120 Bank of America Corporation, Convertible, 7.250%k ​179,905 Registered Investment Companies 5,525 Capital One Financial Corporation, Shares (8.7%) Value 5.000%g,k ​137,959 Unaffiliated (1.8%) 2,485 Cobank ACB, 6.250%b,k ​260,925 13,850 AllianzGI NFJ Dividend Interest & 6,957 Federal National Mortgage Premium Strategy Fund ​169,247 Association, 0.000%g,i,k ​92,876 18,221 BlackRock Resources & 380 First Tennessee Bank NA, 3.750%b,h,k ​277,400 Commodities Strategy Trust ​136,293 7,800 GMAC Capital Trust I, 7.943%b ​204,438 1,990 Consumer Discretionary Select 3,700 Hartford Financial Services Group, Sector SPDR Fund ​240,193 Inc., 7.875%b ​107,892 17,500 Invesco Senior Loan ETF ​395,325 6,200 Morgan Stanley, 7.125%b,k ​177,940

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 18 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Shares Preferred Stock (1.4%) Value b Denotes variable rate securities. The rate shown is as of Financials (0.7%) - continued September 30, 2019. The rates of certain variable rate 4,000 Regions Financial Corporation, securities are based on a published reference rate and spread; 5.700%b,k $113,160 these may vary by security and the reference rate and spread 775 Synovus Financial Corporation, are indicated in their description. The rates of other variable 5.875%b,k ​20,677 rate securities are determined by the issuer or agent and are 540 Wells Fargo & Company, Convertible, based on current market conditions. These securities do not 7.500%k ​822,145 indicate a reference rate and spread in their description. Total ​3,012,917 c Security is valued using significant unobservable inputs. Further information on valuation can be found in the Notes to Financial Health Care (0.1%) Statements. 440 Danaher Corporation, Convertible, d All or a portion of the loan is unfunded. 4.750%i ​499,123 e Denotes investments purchased on a when-issued or delayed Total ​499,123 delivery basis. f In bankruptcy. Interest is not being accrued. Industrials (<0.1%) g Non-income producing security. 111 Fortive Corporation, Convertible, h Denotes securities sold under Rule 144A of the Securities Act of 5.000% ​100,136 1933, which exempts them from registration. These securities Total ​100,136 may be resold to other dealers in the program or to other qualified institutional buyers. As of September 30, 2019, the Real Estate (<0.1%) value of these investments was $41,375,634 or 9.7% of total 1,706 Colony Capital, Inc., 8.750%k ​43,145 net assets. Total ​43,145 i All or a portion of the security is on loan. j Denotes step coupon securities. Step coupon securities pay an Utilities (0.2%) initial coupon rate for the first period and then different coupon 142 Sempra Energy, Convertible, 6.000% ​16,785 rates for following periods. The rate shown is as of September 12,830 Southern Company, Convertible, 30, 2019. 6.750%g ​686,533 k Denotes perpetual securities. Perpetual securities pay an Total ​703,318 indefinite stream of interest and have no contractual maturity date. Date shown, if applicable, is next call date. Total Preferred Stock l Denotes interest only security. Interest only securities represent (cost $5,460,301) ​5,833,314 the right to receive monthly interest payments on an underlying pool of mortgages or assets. The principal shown is the Collateral Held for Securities Loaned outstanding par amount of the pool as of the end of the period. Shares (0.9%) Value The actual effective yield of the security is different than the 3,615,081 Thrivent Cash Management Trust ​3,615,081 stated coupon rate. Total Collateral Held for Securities m All or a portion of the security is insured or guaranteed. Loaned n The interest rate shown reflects the yield, coupon rate or the (cost $3,615,081) ​3,615,081 discount rate at the date of purchase. o All or a portion of the security is held on deposit with the Shares or counterparty and pledged as the initial margin deposit for open Principal futures contracts. Amount Short-Term Investments (7.4%) Value Federal Home Loan Bank Discount The following table presents the total amount of securities loaned with Notes continuous maturity, by type, offset by the gross payable upon return of n,o 200,000 2.120%, 10/2/2019 ​199,989 collateral for securities loaned by Thrivent Balanced Income Plus Portfolio n,o 400,000 1.950%, 10/16/2019 ​399,686 as of September 30, 2019: 300,000 1.995%, 10/30/2019n,o ​299,546 n,o 400,000 1.980%, 11/5/2019 ​399,269 Securities Lending Transactions n,o 700,000 1.970%, 11/19/2019 ​698,209 Common Stock $2,763,502 Thrivent Core Short-Term Reserve Long-Term Fixed Income ​753,628 Fund Total lending $3,517,130 2,964,487 2.230% ​29,644,867 Gross amount payable upon return of Total Short-Term Investments (cost collateral for securities loaned $3,615,081 $31,641,401) 31,641,566 Net amounts due to counterparty $97,951 Total Investments (cost $430,734,832) 105.6% $449,043,271 Other Assets and Liabilities, Net (5.6%) (23,884,634) Total Net Assets 100.0% $425,158,637

a The stated interest rate represents the weighted average of all contracts within the bank loan facility.

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 19 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Definitions: ADR - American Depositary Receipt, which are certificates for an underlying foreign security's shares held by an issuing U.S. depository bank. CLO - Collateralized Loan Obligation ETF - Exchange Traded Fund GDR - Global Depository Receipts, which are certificates for shares of an underlying foreign security’s shares held by an issuing depository bank from more than one country. REMIC - Real Estate Mortgage Investment Conduit REIT - Real Estate Investment Trust is a company that buys, develops, manages and/or sells real estate assets. Ser. - Series SPDR - S&P Depository Receipts, which are exchange-traded funds traded in the U.S., Europe, and Asia-Pacific and managed by State Street Global Advisors.

Reference Rate Index: 12 MTA - 12 Month Treasury Average H15T30Y U. S. Treasury Yield Curve Rate Treasury - Note Constant Maturity 30 Year LIBOR 1W - ICE Libor USD Rate 1 Week LIBOR 1M - ICE Libor USD Rate 1 Month LIBOR 2M - ICE Libor USD Rate 2 Month LIBOR 3M - ICE Libor USD Rate 3 Month PRIME - Federal Reserve Prime Loan Rate

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 20 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited)

Fair Valuation Measurements The following table is a summary of the inputs used, as of September 30, 2019, in valuing Balanced Income Plus Portfolio's assets carried at fair value.

Investments in Securities Total Level 1 Level 2 Level 3 Bank Loans Basic Materials 1,906,859 – 1,494,524 412,335 Capital Goods 4,949,034 – 4,518,376 430,658 Communications Services 16,405,209 – 15,293,283 1,111,926 Consumer Cyclical 10,419,797 – 9,384,665 1,035,132 Consumer Non-Cyclical 12,524,317 – 12,524,317 – Energy 4,652,149 – 4,269,986 382,163 Financials 9,961,968 – 9,409,132 552,836 Technology 4,133,817 – 4,133,817 – Utilities 1,407,205 – 1,091,623 315,582 Common Stock Communications Services 10,676,090 8,580,687 2,095,403 – Consumer Discretionary 18,365,124 12,909,194 5,455,930 – Consumer Staples 14,082,100 8,343,479 5,738,621 – Energy 8,414,388 6,581,501 1,832,887 – Financials 34,957,881 24,051,146 10,906,735 – Health Care 26,117,938 19,889,356 6,228,582 – Industrials 28,603,564 19,998,054 8,605,510 – Information Technology 38,054,233 33,120,476 4,933,757 – Materials 7,072,573 4,209,603 2,862,970 – Real Estate 8,072,583 4,538,846 3,533,737 – Utilities 4,314,000 3,295,732 1,018,268 – Long-Term Fixed Income Asset-Backed Securities 9,437,297 – 9,437,297 – Basic Materials 1,699,610 – 1,699,610 – Capital Goods 5,061,574 – 5,061,574 – Collateralized Mortgage Obligations 18,775,238 – 18,775,238 – Communications Services 8,446,322 – 8,446,322 – Consumer Cyclical 5,933,839 – 5,933,839 – Consumer Non-Cyclical 6,084,186 – 6,084,186 – Energy 5,309,820 – 5,309,820 – Financials 17,426,523 – 16,513,070 913,453 Mortgage-Backed Securities 17,863,978 – 17,863,978 – Technology 5,907,618 – 5,907,618 – Transportation 1,029,299 – 1,029,299 – Utilities 2,973,195 – 2,973,195 – Registered Investment Companies Unaffiliated 7,685,798 7,685,798 – – Preferred Stock Communications Services 486,659 486,659 – – Consumer Staples 340,608 340,608 – – Energy 647,408 647,408 – – Financials 3,012,917 2,134,974 877,943 – Health Care 499,123 499,123 – – Industrials 100,136 100,136 – – Real Estate 43,145 43,145 – – Utilities 703,318 703,318 – – Short-Term Investments 1,996,699 – 1,996,699 – Subtotal Investments in Securities $386,555,139 $158,159,243 $223,241,811 $5,154,085 Other Investments * Total Affiliated Registered Investment Companies 29,228,184 Affiliated Short-Term Investments 29,644,867 Collateral Held for Securities Loaned 3,615,081 Subtotal Other Investments $62,488,132

Total Investments at Value $449,043,271

* Certain investments are measured at fair value using a net asset value per share that is not publicly available (practical expedient). According to disclosure requirements of Accounting Standards Codification (ASC) 820, Fair Value Measurement, securities valued using the practical expedient are not classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Assets and Liabilities.

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 21 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited)

Other Financial Instruments Total Level 1 Level 2 Level 3 Asset Derivatives Futures Contracts 177,870 177,870 – – Total Asset Derivatives $177,870 $177,870 $– $– Liability Derivatives Futures Contracts 239,013 239,013 – – Total Liability Derivatives $239,013 $239,013 $– $–

There were no significant transfers between Levels during the period ended September 30, 2019. Transfers between Levels are identified as of the end of the period.

The following table presents Balanced Income Plus Portfolio's futures contracts held as of September 30, 2019. Investments and/or cash totaling $1,996,699 were pledged as the initial margin deposit for these contracts.

Number of Contracts Expiration Notional Principal Value and Futures Contracts Description Long/(Short) Date Amount Unrealized CBOT 10-Yr. U.S. Treasury Note 40 December 2019 $5,266,379 ($53,879) CBOT 2-Yr. U.S. Treasury Note 16 December 2019 ​3,455,924 (​7,924) CME E-mini Russell 2000 Index 30 December 2019 ​2,374,940 (​87,440) CME Euro Foreign Exchange Currency 58 December 2019 ​8,023,721 (​75,909) CME Ultra Long Term U.S. Treasury Bond 10 December 2019 ​1,932,924 (​13,861) Eurex Euro STOXX 50 Index 207 December 2019 ​7,916,021 ​104,787 Total Futures Long Contracts $28,969,909 ($134,226) CBOT 5-Yr. U.S. Treasury Note (1) December 2019 ($119,661) $513 CBOT U.S. Long Bond (2) December 2019 (​329,290) ​4,665 CME E-mini S&P 500 Index (4) December 2019 (​601,572) ​5,871 ICE mini MSCI EAFE Index (55) December 2019 (​5,282,634) ​62,034 Total Futures Short Contracts ($6,333,157) $73,083 Total Futures Contracts $22,636,752 ($61,143)

Reference Description: CBOT - Chicago Board of Trade CME - Chicago Mercantile Exchange EAFE - Europe, Australasia and Far East ICE - Intercontinental Exchange MSCI - Morgan Stanley Capital International S&P - Standard & Poor's

Investment in Affiliates Affiliated issuers, as defined under the Investment Company Act of 1940, include those in which the Portfolio's holdings of an issuer represent 5% or more of the outstanding voting securities of an issuer, any affiliated mutual fund, or a company which is under common ownership or control with the Portfolio. The Portfolio owns shares of Thrivent Cash Management Trust for the purpose of securities lending and Thrivent Core Short-Term Reserve Fund, a series of Thrivent Core Funds, primarily to serve as a cash sweep vehicle for the Portfolio. Thrivent Cash Management Trust and Thrivent Core Funds are established solely for investment by Thrivent entities. A summary of transactions (in thousands; values shown as zero are less than $500) for the fiscal year to date, in Balanced Income Plus Portfolio, is as follows: Value Gross Gross Value Shares Held at % of Net Assets Portfolio 12/31/2018 Purchases Sales 9/30/2019 9/30/2019 9/30/2019 Affiliated Registered Investment Companies Core Emerging Markets Debt $26,264 $960 $– $29,228 2,979 6.9% Total Affiliated Registered Investment Companies 26,264 29,228 6.9 Affiliated Short-Term Investments Core Short-Term Reserve, 2.230% 39,017 98,878 108,250 29,645 2,964 7.0 Total Affiliated Short-Term Investments 39,017 29,645 7.0 Collateral held for Securities Loaned Cash Management Trust- Collateral Investment 3,132 44,855 44,372 3,615 3,615 0.9 Total Collateral Held for Securities Loaned 3,132 3,615 0.9 Total Value $68,413 $62,488

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 22 Balanced Income Plus Portfolio Schedule of Investments as of September 30, 2019 (unaudited) Change in Unrealized Distributions of Income Earned Net Realized Appreciation/ Realized Capital 1/1/2019 Portfolio Gain/(Loss) (Depreciation) Gains - 9/30/2019 Affiliated Registered Investment Companies Core Emerging Markets Debt $– $2,004 – $960 Affiliated Short-Term Investments Core Short-Term Reserve, 2.230% – – – 643 Total Income from Affiliated Investments $1,603 Collateral Held for Securities Loaned Cash Management Trust- Collateral Investment – – – 23 Total Affiliated Income from Securities Loaned, Net $23 Total Value $– $2,004 $–

The accompanying Notes to Schedule of Investments are an integral part of this schedule. 23 Notes to Schedule of Investments as of September 30, 2019 (unaudited)

SIGNIFICANT ACCOUNTING POLICIES specific developments. If the Committee decides that such events warrant using fair value estimates, the Committee Valuation of Investments — Securities traded on U.S. or will take such events into consideration in determining the foreign securities exchanges or included in a national fair value of such securities. If market quotations or prices market system are valued at the last sale price on the are not readily available or determined to be unreliable, the principal exchange as of the close of regular trading on securities will be valued at fair value as determined in good such exchange or the official closing price of the national faith pursuant to procedures adopted by the Board. market system. Over-the-counter securities and listed In accordance with U.S. Generally Accepted Accounting securities for which no price is readily available are valued Principles (“GAAP”), the various inputs used to determine at the current bid price considered best to represent the the fair value of the Portfolios’ investments are summarized value at that time. Security prices are based on quotes in three broad levels. Level 1 includes quoted prices in that are obtained from an independent pricing service active markets for identical securities, typically included approved by the Fund's Board of Directors (the “Board”). in this level are U.S. equity securities, futures, options and The pricing service, in determining values of fixed-income registered investment company funds. Level 2 includes securities, takes into consideration such factors as current other significant observable inputs such as quoted prices quotations by broker/dealers, coupon, maturity, quality, for similar securities, interest rates, prepayment speeds type of issue, trading characteristics, and other yield and and credit risk, typically included in this level are fixed risk factors it deems relevant in determining valuations. income securities, international securities, swaps and Securities which cannot be valued by the approved pricing forward contracts. Level 3 includes significant unobservable service are valued using valuations from dealers that make inputs such as the Adviser’s own assumptions and broker markets in the securities. Exchange-listed options and evaluations in determining the fair value of investments. Of futures contracts are valued at the primary exchange settle the Level 3 securities, those for which market values were price. Exchange cleared swap agreements are valued using not readily available or were deemed unreliable were fair a vendor provided settlement or clearing price used by the valued as determined in good faith pursuant to procedures clearinghouse. Swap agreements not cleared on exchanges established by the Board. The valuation levels are not will be valued using the mid-price from the primary necessarily an indication of the risk associated with investing approved pricing service. Forward foreign currency in these securities or other investments. Investments exchange contracts are marked-to-market based upon measured using net asset value per share as a practical foreign currency exchange rates provided by the pricing expedient for fair value and that are not publicly available- service. Investments in open-ended mutual funds are for-sale are not categorized within the fair value hierarchy. valued at their net asset value at the close of each business day. Valuation of International Securities — The Portfolios value certain foreign securities traded on foreign exchanges that Securities held by the Money Market Portfolio are valued close prior to the close of the New York Stock Exchange on the basis of amortized cost (which approximates market using a fair value pricing service. The fair value pricing value), whereby a portfolio security is valued at its cost initially service uses a multi-factor model that may take into and thereafter valued to reflect a constant amortization to account the local close, relevant general and sector indices, maturity of any discount or premium. The Money Market currency fluctuation, prices of other securities (including Portfolio and the Adviser follow procedures designed to ADRs, New York registered shares, and ETFs), and futures, help maintain a constant net asset value of $1.00 per share. as applicable, to determine price adjustments for each The Board has delegated responsibility for daily valuation security in order to reflect the effects of post-closing of the Portfolios' securities to the Adviser. The Adviser events. The Board has authorized the Adviser to make fair has formed a Valuation Committee (“Committee”) that is valuation determinations pursuant to policies approved by responsible for overseeing the Portfolios’ valuation policies the Board. in accordance with Valuation Policies and Procedures. The — The accounting records of Committee meets on a monthly and on an as-needed basis to Foreign Currency Translation each Portfolio are maintained in U.S. dollars. Securities and review price challenges, price overrides, stale prices, shadow other assets and liabilities that are denominated in foreign prices, manual prices, money market pricing, international currencies are translated into U.S. dollars at the daily fair valuation, and other securities requiring fair valuation. closing rates of exchange. The Committee monitors for significant events occurring Foreign currency amounts related to the purchase or prior to the close of trading on the New York Stock Exchange sale of securities and income and expenses are translated that could have a material impact on the value of any securities at the exchange rate on the transaction date. Net realized that are held by the Portfolios. Examples of such events and unrealized currency gains and losses are recorded include trading halts, national news/events, and issuer- from closed currency contracts, disposition of foreign

24 Notes to Schedule of Investments as of September 30, 2019 (unaudited) currencies, exchange gains or losses between the trade date are required to segregate customer margin from their own and settlement date on securities transactions, and other assets, in the event that a broker becomes insolvent or translation gains or losses on dividends, interest income and goes into bankruptcy and at that time there is a shortfall foreign withholding taxes. The Portfolios do not separately in the aggregate amount of margin held by the broker for report the effect of changes in foreign exchange rates from all its clients, U.S. bankruptcy laws will typically allocate changes in prices on securities held. Such changes are that shortfall on a pro-rata basis across all of the broker’s included in net realized and unrealized gain or loss from customers, potentially resulting in losses to the Portfolios. investments in the Statement of Operations. Using derivatives to hedge can guard against potential risks, but it also adds to the Portfolios’ expenses and can eliminate For federal income tax purposes, the Portfolios treat the some opportunities for gains. In addition, a derivative used effect of changes in foreign exchange rates arising from for mitigating exposure or replication may not accurately actual foreign currency transactions and the changes in track the value of the underlying asset. Another risk with foreign exchange rates between the trade date and settlement derivatives is that some types can amplify a gain or loss, date as ordinary income. potentially earning or losing substantially more money than the actual cost of the derivative. Foreign Denominated Investments — Foreign denominated assets and currency contracts may involve more risks than In order to define their contractual rights and to secure domestic transactions including currency risk, political rights that will help the Portfolios mitigate their counterparty and economic risk, regulatory risk, and market risk. Certain risk, the Portfolios may enter into an International Swaps Portfolios may also invest in securities of companies and Derivatives Association, Inc. Master Agreement (“ISDA located in emerging markets. Future economic or political Master Agreement”) or similar agreement with derivative developments could adversely affect the liquidity or value, contract counterparties. An ISDA Master Agreement is a or both, of such securities. bilateral agreement between a Portfolio and a counterparty that governs OTC derivatives and foreign exchange contracts — Each of the Portfolios, with Derivative Financial Instruments and typically includes, among other things, collateral posting the exception of the Money Market Portfolio, may invest in terms and netting provisions in the event of a default and/ derivatives. Derivatives, a category that includes options, or termination event. Under an ISDA Master Agreement, futures, swaps, foreign currency forward contracts and each Portfolio may, under certain circumstances, offset hybrid instruments, are financial instruments whose value with the counterparty certain derivatives' payables and/or is derived from another security, an index or a currency. receivables with collateral held and/or posted and create Each applicable Portfolio may use derivatives for hedging one single net payment. The provisions of the ISDA Master (attempting to offset a potential loss in one position by Agreement typically permit a single net payment in the event establishing an interest in an opposite position). This of a default (close-out netting) including the bankruptcy includes the use of currency-based derivatives to manage or insolvency of the counterparty. Note, however, that the risk of its positions in foreign securities. Each applicable bankruptcy and insolvency laws of a particular jurisdiction Portfolio may also use derivatives for replication of a may impose restrictions on or prohibitions against the right certain asset class or speculation (investing for potential of offset in bankruptcy, insolvency or other events. income or capital gain). These contracts may be transacted on an exchange or over-the-counter ("OTC"). Collateral and margin requirements vary by type of derivative. Margin requirements are established by the A derivative may incur a mark to market loss if the value of broker or clearinghouse for exchange traded and centrally the derivative decreases due to an unfavorable change in the cleared derivatives (futures, options, and centrally cleared market rates or values of the underlying derivative. Losses swaps). Brokers can ask for margining in excess of the can also occur if the counterparty does not perform under minimum in certain situations. Collateral terms are contract the derivative. A Portfolio’s risk of loss from the counterparty specific for OTC derivatives (foreign currency exchange credit risk on OTC derivatives is generally limited to the contracts, options, and swaps). For derivatives traded under aggregate unrealized gain netted against any collateral an ISDA Master Agreement, the collateral requirements are held by such Portfolio. With exchange traded futures and typically calculated by netting the mark to market amount centrally cleared swaps, there is minimal counterparty credit for each transaction under such agreement and comparing risk to the Portfolios because the exchange’s clearinghouse, that amount to the value of any collateral currently pledged as counterparty to such derivatives, guarantees against a by the Portfolio and the counterparty. For financial reporting possible default. The clearinghouse stands between the purposes, non-cash collateral that has been pledged to cover buyer and the seller of the derivative; thus, the credit risk is obligations of the Portfolio has been noted in the Schedule of limited to the failure of the clearinghouse. However, credit Investments. To the extent amounts due to a Portfolio from risk still exists in exchange traded futures and centrally its counterparties are not fully collateralized, contractually cleared swaps with respect to initial and variation margin or otherwise, the Portfolio bears the risk of loss from that is held in a broker’s customer accounts. While brokers

25 Notes to Schedule of Investments as of September 30, 2019 (unaudited) counterparty nonperformance. The Portfolios attempt to Futures Contracts — All Portfolios, with the exception of mitigate counterparty risk by only entering into agreements the Money Market Portfolio, may use futures contracts with counterparties that they believe have the financial to manage the exposure to interest rate and market or resources to honor their obligations and by monitoring the currency fluctuations. Gains or losses on futures contracts financial stability of those counterparties. can offset changes in the yield of securities. When a futures contract is opened, cash or other investments equal to the Options — All Portfolios, with the exception of the Money required “initial margin deposit” are held on deposit with Market Portfolio, may buy put and call options and write and pledged to the broker. Additional securities held by put and covered call options. The Portfolios intend to use the Portfolios may be earmarked to cover open futures such derivative instruments as hedges to facilitate buying contracts. A futures contract’s daily change in value or selling securities or to provide protection against (“variation margin”) is either paid to or received from the adverse movements in security prices or interest rates. The broker, and is recorded as an unrealized gain or loss. When Portfolios may also enter into options contracts to protect the contract is closed, realized gain or loss is recorded against adverse foreign exchange rate fluctuations. Option equal to the difference between the value of the contract contracts are valued daily and unrealized appreciation or when opened and the value of the contract when closed. depreciation is recorded. A Portfolio will realize a gain or Futures contracts involve, to varying degrees, risk of loss in loss upon expiration or closing of the option transaction. excess of the variation margin disclosed in the Statement When an option is exercised, the proceeds upon sale for a of Assets and Liabilities. Exchange-traded futures have no written call option or the cost of a security for purchased significant counterparty risk as the exchange guarantees put and call options is adjusted by the amount of premium the contracts against default. received or paid. During the period ended September 30, 2019, Buying put options tends to decrease a Portfolio’s exposure Aggressive Allocation, Balanced Income Plus, Diversified to the underlying security while buying call options tends to Income Plus, Government Bond, Income, International increase a Portfolio’s exposure to the underlying security. The Allocation, Limited Maturity Bond, Moderate Allocation, risk associated with purchasing put and call options is limited Moderately Aggressive Allocation, Moderately Conservative to the premium paid. There is no significant counterparty Allocation, Multidimensional Income, and Opportunity risk on exchange-traded options as the exchange guarantees Income Plus used treasury futures to manage the duration the contract against default. Writing put options tends to and yield curve exposure of the respective Portfolio versus its increase a Portfolio’s exposure to the underlying security benchmark. while writing call options tends to decrease a Portfolio’s exposure to the underlying security. The writer of an option During the period ended September 30, 2019, Aggressive has no control over whether the underlying security may be Allocation, Balanced Income Plus, Diversified Income Plus, bought or sold, and therefore bears the market risk of an Global Stock, International Allocation, Large Cap Index, unfavorable change in the price of the underlying security. Low Volatility Equity, Mid Cap Index, Moderate Allocation, The counterparty risk for purchased options arises when the Moderately Aggressive Allocation, Moderately Conservative Portfolio has purchased an option, exercises that option, and Allocation, Opportunity Income Plus, and Small Cap Index the counterparty doesn’t buy from the Portfolio or sell to the used equity futures to manage exposure to the equities Portfolio the underlying asset as required. In the case where market. the Portfolio has written an option, the Portfolio doesn’t have counterparty risk. Counterparty risk on purchased over- During the period ended September 30, 2019, Aggressive the-counter options is partially mitigated by the Portfolio’s Allocation, Balanced Income Plus, Diversified Income Plus, collateral posting requirements. As the option increases Global Stock, International Allocation, Moderate Allocation, in value to the Portfolio, the Portfolio receives collateral Moderately Aggressive Allocation, and Moderately from the counterparty. Risks of loss may exceed amounts Conservative Allocation used foreign exchange futures to recognized on the Statement of Assets and Liabilities. hedge currency risk.

During the period ended September 30, 2019, Aggressive Foreign Currency Forward Contracts — In connection with Allocation, Balanced Income Plus, Diversified Income Plus, purchases and sales of securities denominated in foreign Government Bond, Income, Limited Maturity Bond, Moderate currencies, all Portfolios, with the exception of the Money Allocation, Moderately Aggressive Allocation, Moderately Market Portfolio, may enter into foreign currency forward Conservative Allocation, and Opportunity Income Plus used contracts. Additionally, the Portfolios may enter into such treasury options to manage the duration of the Portfolio contracts to mitigate currency and counterparty exposure versus the benchmark. Options on mortgage backed to other foreign-currency-denominated investments. securities were used to generate income and/or to manage These contracts are recorded at value and the realized and the duration of the Portfolio. change in unrealized foreign exchange gains and losses are included in the Statement of Operations. In the event

26 Notes to Schedule of Investments as of September 30, 2019 (unaudited) that counterparties fail to settle these forward contracts, cash or securities, may be required to be held with the the Portfolios could be exposed to foreign currency Portfolio’s custodian, or a third party, in connection with fluctuations. Foreign currency contracts are valued daily these agreements. Certain swap agreements are over-the- and unrealized appreciation or depreciation is recorded counter. In these types of transactions, the Portfolio is daily as the difference between the contract exchange rate exposed to counterparty risk, which is the discounted and the closing forward rate applied to the face amount of net amount of payments owed to the Portfolio. This the contract. A realized gain or loss is recorded at the time risk is partially mitigated by the Portfolio’s collateral a forward contract is closed. These contracts are over-the- posting requirements. As the swap increases in value to counter and a Portfolio is exposed to counterparty risk the Portfolio, the Portfolio receives collateral from the equal to the discounted net amount of payments to the counterparty. Certain interest rate and credit default index Portfolio. swaps must be cleared through a clearinghouse or central counterparty. During the period ended September 30, 2019, Partner Healthcare used foreign currency forward contracts in order Credit Default Swaps — A credit default swap is a swap to hedge unwanted currency exposure. agreement between two parties to exchange the credit risk of a particular issuer, basket of securities or reference During the period ended September 30, 2019, International entity. In a credit default swap transaction, a buyer pays Allocation used foreign currency forward contracts in order periodic fees in return for payment by the seller which is to gain active currency exposure and to hedge unwanted contingent upon an adverse credit event occurring in the currency exposure. underlying issuer or reference entity. The seller collects periodic fees from the buyer and profits if the credit of — All Portfolios, with the exception of the Swap Agreements the underlying issuer or reference entity remains stable Money Market Portfolio, may enter into swap transactions, or improves while the swap is outstanding, but the seller which involve swapping one or more investment in a credit default swap contract would be required to pay characteristics of a security or a basket of securities with the amount of credit loss, determined as specified in the another party. Such transactions include market risk, risk agreement, to the buyer in the event of an adverse credit of default by the other party to the transaction, risk of event in the reference entity. A buyer of a credit default imperfect correlation and manager risk and may involve swap is said to buy protection whereas a seller of a credit commissions or other costs. Swap transactions generally do default swap is said to sell protection. The Portfolios may not involve delivery of securities, other underlying assets be either the protection buyer or the protection seller. or principal. Accordingly, the risk of loss with respect to swap transactions is generally limited to the net amount Certain Portfolios enter into credit default derivative of payments that the Portfolio is contractually obligated contracts directly through credit default swaps ("CDS") or to make, or in the case of the counterparty defaulting, the through credit default swap indices ("CDX Indices"). CDX net amount of payments that the Portfolio is contractually Indices are static pools of equally weighted credit default entitled to receive. Risks of loss may exceed amounts swaps referencing corporate bonds and/or loans designed recognized on the Statement of Assets and Liabilities. If to provide diversified credit exposure to these asset classes. there is a default by the counterparty, the Portfolio may Portfolios sell default protection and assume long-risk have contractual remedies pursuant to the agreements positions in individual credits or indices. Index positions are related to the transaction. The contracts are valued daily entered into to gain exposure to the corporate bond and/or and unrealized appreciation or depreciation is recorded. loan markets in a cost-efficient and diversified structure. In Swap agreements are valued at the clearinghouse end of the event that a position defaults, by going into bankruptcy day prices as furnished by an independent pricing service. and failing to pay interest or principal on borrowed money, The pricing service takes into account such factors as within any given CDX Index held, the maximum potential swap curves, default probabilities, recent trades, recovery amount of future payments required would be equal to the rates and other factors it deems relevant in determining pro-rata share of that position within the index based on valuations. Daily fluctuations in the value of the centrally the notional amount of the index. In the event of a default cleared credit default contracts are recorded in variation under a CDS contract, the maximum potential amount of margin in the Statement of Assets and Liabilities and future payments would be the notional amount. For CDS, recorded as unrealized gain or loss. The Portfolio accrues the default events could be bankruptcy and failing to pay for the periodic payment and amortizes upfront payments, interest or principal on borrowed money or a restructuring. if any, on swap agreements on a daily basis with the A restructuring is a change in the underlying obligations net amount recorded as realized gains or losses in the which would include reduction in interest or principal, Statement of Operations. Receipts and payments received maturity extension and subordination to other obligations. or made as a result of a credit event or termination of the contract are also recognized as realized gains or losses During the period ended September 30, 2019, High in the Statement of Operations. Collateral, in the form of Yield, Income, Moderate Allocation, Moderately Aggressive

27 Notes to Schedule of Investments as of September 30, 2019 (unaudited)

Allocation, and Moderately Conservative Allocation used CDX indices (comprised of credit default swaps) to help manage credit risk exposure within the fund.

Total Return Swaps— A total return swap is a swap agreement between two parties to exchange the total return of a particular reference asset. A total return swap involves commitments to pay interest in exchange for a market linked return based on a notional amount. To the extent that the total return of the security, group of securities, or index underlying the transactions exceeds or falls short of the offsetting interest obligation, the Portfolios will receive a payment from or make a payment to the counterparty. The Portfolios may take a "long" or "short" position with respect to the underlying referenced asset.

During the period ended September 30, 2019, International Allocation used total return swaps to achieve exposure to foreign equity markets where liquidity and/or access is limited.

For financial reporting purposes, the Portfolios do not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statement of Assets and Liabilities.

Additional information for the Portfolio's policy regarding valuation of investments and other significant accounting policies can be obtained by referring to the Portfolio's most recent annual or semiannual shareholder report.

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