SCHEDULE OF INVESTMENTS September 30, 2016

STYLEPLUS—MID GROWTH FUND

SHARES VALUE

COMMON STOCKS† - 18.1%

CONSUMER, NON-CYCLICAL - 8.0% , Inc.* 313 $ 226,871 Zimmer Biomet Holdings, Inc. 1,573 204,522 AmerisourceBergen Corp. — Class A 2,487 200,899 Nielsen Holdings plc 3,565 190,977 Hologic, Inc.* 4,272 165,882 DaVita, Inc.* 2,465 162,863 Laboratory Corporation of America Holdings* 1,182 162,501 Cardinal Health, Inc. 1,778 138,151 Total System Services, Inc. 2,930 138,149 Zoetis, Inc. 2,627 136,630 HCA Holdings, Inc.* 1,795 135,756 Kellogg Co. 1,736 134,488 Flowers Foods, Inc. 8,862 133,993 Corp.* 1,416 133,514 Molina Healthcare, Inc.* 2,241 130,695 ConAgra Foods, Inc. 2,747 129,411 Kroger Co. 4,339 128,782 Dr Pepper Snapple Group, Inc. 1,369 125,003 CR Bard, Inc. 550 123,354 Tyson Foods, Inc. — Class A 1,629 121,637 Equifax, Inc. 900 121,122 ResMed, Inc. 1,815 117,594 Henry Schein, Inc.* 701 114,249 B&G Foods, Inc. 2,184 107,409 HealthSouth Corp. 2,576 104,508 Boston Scientific Corp.* 4,141 98,556 Universal Health Services, Inc. — Class B 779 95,988 Coty, Inc. — Class A* 3,961 93,084 Robert Half International, Inc. 2,425 91,811 RR Donnelley & Sons Co. 5,759 90,531 KAR Auction Services, Inc. 1,967 84,896 Hill-Rom Holdings, Inc. 1,339 82,991 Charles River Laboratories International, Inc.* 952 79,340 Constellation Brands, Inc. — Class A 475 79,083 MEDNAX, Inc.* 1,181 78,241 Post Holdings, Inc.* 988 76,244 CoreLogic, Inc.* 1,927 75,577 , Inc.* 860 75,388 United Rentals, Inc.* 919 72,132 Edwards Lifesciences Corp.* 594 71,613 Sysco Corp. 1,428 69,986 Campbell Soup Co. 1,270 69,469 United Therapeutics Corp.* 576 68,014 VCA, Inc.* 959 67,111 , Inc.* 743 64,797 , Inc. — Class A* 759 61,692 Avis Budget Group, Inc.* 1,779 60,860 Global Payments, Inc. 787 60,410 Western Union Co. 2,825 58,817 Tenet Healthcare Corp.* 2,480 56,197 Spectrum Brands Holdings, Inc. 404 55,626 TreeHouse Foods, Inc.* 603 52,576 Seattle Genetics, Inc.* 966 52,174 Herbalife Ltd.* 768 47,608 Centene Corp.* 698 46,738 WellCare Health Plans, Inc.* 390 45,665 S&P Global, Inc. 360 45,562 Darling Ingredients, Inc.* 3,151 42,570 Clorox Co. 337 42,186 , Inc.* 344 42,154 Hain Celestial Group, Inc.* 1,163 41,380 Pilgrim’s Pride Corp. 1,884 39,790 ServiceMaster Global Holdings, Inc.* 1,123 37,823 Total Consumer, Non-cyclical 6,063,640

CONSUMER, CYCLICAL - 3.3% , Inc. 2,552 150,007 Southwest Airlines Co. 3,710 144,281 Liberty Interactive Corporation QVC Group — Class A* 7,077 141,611 Alaska Air Group, Inc. 2,071 136,396 Newell Brands, Inc. 2,444 128,701 , Inc.* 1,556 122,815 Delphi Automotive plc 1,671 119,175 Michael Kors Holdings Ltd.* 2,301 107,664 Dollar General Corp. 1,514 105,965 Lear Corp. 808 97,946 O’Reilly Automotive, Inc.* 347 97,198 WW Grainger, Inc. 430 96,682 JetBlue Airways Corp.* 5,532 95,372 Tesla Motors, Inc.* 433 88,345 Fastenal Co. 2,071 86,526 BorgWarner, Inc. 2,409 84,749 The Gap, Inc. 3,602 80,108 AutoZone, Inc.* 93 71,456 Delta Air Lines, Inc. 1,751 68,919 Whirlpool Corp. 406 65,837 Under Armour, Inc. — Class A* 1,565 60,534 , Inc. 895 57,549 Casey’s General Stores, Inc. 441 52,986 PulteGroup, Inc. 2,502 50,140 AutoNation, Inc.* 1,018 49,587 Polaris Industries, Inc. 594 45,999 Harman International Industries, Inc. 530 44,759 DR Horton, Inc. 1,362 41,132 , Inc. — Class A 598 40,263 Total Consumer, Cyclical 2,532,702

INDUSTRIAL - 2.8% Rockwell Automation, Inc. 1,289 157,696 Spirit AeroSystems Holdings, Inc. — Class A* 3,513 156,468 TransDigm Group, Inc.* 530 153,234 Rockwell Collins, Inc. 1,548 130,558 Agilent Technologies, Inc. 2,619 123,329 Huntington Ingalls Industries, Inc. 803 123,196 Stericycle, Inc.* 1,388 111,235 AMERCO 318 103,105 Roper Technologies, Inc. 547 99,811 SCHEDULE OF INVESTMENTS (concluded) September 30, 2016

STYLEPLUS—MID GROWTH FUND

SHARES VALUE

AMETEK, Inc. 2,034 $ 97,185 Carlisle Companies, Inc. 825 84,620 Textron, Inc. 2,082 82,760 Waste Management, Inc. 1,211 77,213 Clean Harbors, Inc.* 1,430 68,611 Energizer Holdings, Inc. 1,317 65,797 Ingersoll-Rand plc 893 60,670 Acuity Brands, Inc. 206 54,508 Snap-on, Inc. 329 49,995 SBA Communications Corp. — Class A* 444 49,799 J.B. Hunt Transport Services, Inc. 556 45,114 Wabtec Corp. 545 44,499 Owens-, Inc.* 2,374 43,658 Johnson Controls International plc 924 42,994 Waters Corp.* 269 42,634 Packaging Corporation of America 508 41,280 Ball Corp. 502 41,139 Total Industrial 2,151,108

COMMUNICATIONS - 1.9% Expedia, Inc. 1,766 206,127 IAC/InterActiveCorp 2,387 149,116 Scripps Networks Interactive, Inc. — Class A 2,339 148,503 Viacom, Inc. — Class B 3,679 140,170 Palo Alto Networks, Inc.* 823 131,129 DISH Network Corp. — Class A* 2,291 125,501 Omnicom Group, Inc. 1,413 120,105 Discovery Communications, Inc. — Class A* 3,334 89,751 Ciena Corp.* 3,895 84,911 AMC Networks, Inc. — Class A* 1,589 82,406 Interpublic Group of Companies, Inc. 3,163 70,693 , Inc.* 891 52,284 Sinclair Broadcast Group, Inc. — Class A 1,756 50,713 Total Communications 1,451,409

TECHNOLOGY - 1.4% Fidelity National Information Services, Inc. 2,703 208,212 Corp.* 2,377 146,780 Teradata Corp.* 3,394 105,214 , Inc.* 846 72,248 , Inc. 1,147 71,275 Corp. 715 67,718 , Inc. 1,442 63,881 SS&C Technologies Holdings, Inc. 1,962 63,078 Technology Solutions Corp. — Class A* 1,236 58,970 , Inc. 689 52,460 Tableau Software, Inc. — Class A* 857 47,366 Nuance Communications, Inc.* 3,231 46,850 Pitney Bowes, Inc. 2,496 45,327 Corp. 641 43,921 Total Technology 1,093,300

FINANCIAL - 0.3% Alliance Data Systems Corp.* 831 178,274 Iron Mountain, Inc. 1,086 40,758 Total Financial 219,032

ENERGY - 0.3% Cabot Oil & Gas Corp. — Class A 3,791 97,808 ONEOK, Inc. 1,174 60,332 Diamondback Energy, Inc.* 243 23,459 Continental Resources, Inc.* 447 23,226 Total Energy 204,825

BASIC MATERIALS - 0.1% Steel Dynamics, Inc. 1,438 35,936

Total Common Stocks (Cost $13,657,714) 13,751,952

MUTUAL FUNDS† - 80.4% Guggenheim Strategy Fund III1 1,061,404 26,513,876 Guggenheim Strategy Fund II1 811,978 20,250,726 Guggenheim Strategy Fund I1 329,039 8,222,675 Guggenheim Limited Duration Fund - Institutional Class1 253,799 6,271,368 Total Mutual Funds (Cost $61,011,261) 61,258,645

SHORT-TERM INVESTMENTS† - 3.6% Dreyfus Treasury Securities Cash Management Fund - Institutional Shares 0.16%2 2,750,363 2,750,363 Total Short-Term Investments (Cost $2,750,363) 2,750,363

Total Investments - 102.1% (Cost $77,419,338) $ 77,760,960 Other Assets & Liabilities, net - (2.1)% (1,606,203) Total Net Assets - 100.0% $ 76,154,757

UNREALIZED UNITS GAIN

OTC EQUITY INDEX SWAP AGREEMENTS†† Deutsche Bank August 2017 Russell Midcap Growth Index Swap 0.60%3, Terminating 08/03/17 (Notional Value $63,280,937) 28,105 $ 2,662,190

* Non-income producing security. † Value determined based on Level 1 inputs. †† Value determined based on Level 2 inputs. 1 Affiliated issuer. 2 Rate indicated is the 7 day yield as of September 30, 2016. 3 Total Return based on Russell Midcap Growth Index +/- financing at a variable rate. Rate indicated is the rate effective at September 30, 2016. plc — Public Limited Company