|
Amplify Etho Climate Leadership U.S. ETF
|
||||||||
|
Schedule of Investments
|
||||||||
|
December 31, 2024 (Unaudited)
|
||||||||
|
COMMON STOCKS - 95.9%
|
Shares
|
Value
|
||||||
|
Communication Services - 5.3%
|
||||||||
|
Cargurus, Inc. (a)
|
26,342
|
$
|
962,537
|
|||||
|
Cars.com, Inc. (a)
|
35,394
|
613,378
|
||||||
|
Electronic Arts, Inc.
|
4,584
|
670,639
|
||||||
|
Eventbrite, Inc. - Class A (a)
|
110,951
|
372,795
|
||||||
|
Interpublic Group of Cos., Inc.
|
19,097
|
535,098
|
||||||
|
John Wiley & Sons, Inc. - Class A
|
16,092
|
703,381
|
||||||
|
Netflix, Inc. (a)
|
1,005
|
895,777
|
||||||
|
New York Times Co. - Class A
|
14,069
|
732,291
|
||||||
|
Omnicom Group, Inc.
|
6,345
|
545,924
|
||||||
|
Paramount Global - Class B (b)
|
51,648
|
540,238
|
||||||
|
Take-Two Interactive Software, Inc. (a)
|
4,096
|
753,992
|
||||||
|
TEGNA, Inc.
|
41,184
|
753,255
|
||||||
|
T-Mobile US, Inc.
|
3,725
|
822,219
|
||||||
|
Verizon Communications, Inc.
|
15,043
|
601,570
|
||||||
|
9,503,094
|
||||||||
|
Consumer Discretionary - 13.4%
|
||||||||
|
Asbury Automotive Group, Inc. (a)
|
2,580
|
627,017
|
||||||
|
Beazer Homes USA, Inc. (a)
|
18,534
|
508,944
|
||||||
|
Booking Holdings, Inc.
|
172
|
854,568
|
||||||
|
Burlington Stores, Inc. (a)
|
2,620
|
746,857
|
||||||
|
Carter's, Inc.
|
7,396
|
400,789
|
||||||
|
Cheesecake Factory, Inc.
|
17,100
|
811,224
|
||||||
|
Chegg, Inc. (a)
|
80,300
|
129,283
|
||||||
|
Chipotle Mexican Grill, Inc. (a)
|
10,525
|
634,657
|
||||||
|
Columbia Sportswear Co.
|
7,491
|
628,720
|
||||||
|
Crocs, Inc. (a)
|
4,229
|
463,202
|
||||||
|
Deckers Outdoor Corp. (a)
|
3,888
|
789,614
|
||||||
|
Denny's Corporation (a)
|
67,848
|
410,480
|
||||||
|
Etsy, Inc. (a)
|
8,847
|
467,918
|
||||||
|
Floor & Decor Holdings, Inc. - Class A (a)
|
4,690
|
467,593
|
||||||
|
Frontdoor, Inc. (a)
|
18,660
|
1,020,142
|
||||||
|
Gentex Corp.
|
16,834
|
483,641
|
||||||
|
Gentherm, Inc. (a)
|
10,560
|
421,608
|
||||||
|
G-III Apparel Group Ltd. (a)
|
20,957
|
683,617
|
||||||
|
Haverty Furniture Cos., Inc.
|
18,318
|
407,759
|
||||||
|
Helen of Troy Ltd. (a)
|
5,278
|
315,783
|
||||||
|
iRobot Corp. (a)
|
69,431
|
538,090
|
||||||
|
La-Z-Boy, Inc.
|
16,159
|
704,048
|
||||||
|
LCI Industries
|
5,051
|
522,223
|
||||||
|
Lear Corp.
|
4,200
|
397,740
|
||||||
|
Levi Strauss & Co. - Class A
|
30,419
|
526,249
|
||||||
|
Lithia Motors, Inc.
|
2,023
|
723,081
|
||||||
|
Marriott Vacations Worldwide Corp.
|
5,714
|
513,117
|
||||||
|
Meritage Homes Corp.
|
3,468
|
533,448
|
||||||
|
Modine Manufacturing Co. (a)
|
6,389
|
740,677
|
||||||
|
Movado Group, Inc.
|
22,047
|
433,885
|
||||||
|
Planet Fitness, Inc. - Class A (a)
|
9,711
|
960,127
|
||||||
|
Ralph Lauren Corp.
|
3,240
|
748,375
|
||||||
|
Ross Stores, Inc.
|
4,142
|
626,560
|
||||||
|
Steven Madden Ltd.
|
14,380
|
611,438
|
||||||
|
Tesla, Inc. (a)
|
3,461
|
1,397,690
|
||||||
|
TJX Cos., Inc.
|
5,998
|
724,618
|
||||||
|
Tri Pointe Homes, Inc. (a)
|
15,723
|
570,116
|
||||||
|
Valvoline, Inc. (a)
|
13,640
|
493,495
|
||||||
|
Wayfair, Inc. - Class A (a)
|
8,956
|
396,930
|
||||||
|
YETI Holdings, Inc. (a)
|
15,774
|
607,457
|
||||||
|
24,042,780
|
||||||||
|
Consumer Staples - 4.4%
|
||||||||
|
Church & Dwight Co., Inc.
|
5,828
|
610,250
|
||||||
|
Coty, Inc. - Class A (a)
|
50,820
|
353,707
|
||||||
|
Edgewell Personal Care Co.
|
15,731
|
528,562
|
||||||
|
Estee Lauder Cos., Inc. - Class A
|
3,947
|
295,946
|
||||||
|
Ingredion, Inc.
|
5,264
|
724,116
|
||||||
|
Kimberly-Clark Corp.
|
4,755
|
623,095
|
||||||
|
Kroger Co.
|
10,642
|
650,758
|
||||||
|
Performance Food Group Co. (a)
|
8,147
|
688,829
|
||||||
|
Sprouts Farmers Market, Inc. (a)
|
9,453
|
1,201,193
|
||||||
|
SunOpta, Inc. (a)
|
88,485
|
681,334
|
||||||
|
Sysco Corp.
|
7,560
|
578,037
|
||||||
|
TreeHouse Foods, Inc. (a)
|
15,606
|
548,239
|
||||||
|
USANA Health Sciences, Inc. (a)
|
12,538
|
449,989
|
||||||
|
7,934,055
|
||||||||
|
Financials - 17.8%
|
||||||||
|
Ally Financial, Inc.
|
15,259
|
549,477
|
||||||
|
Amerant Bancorp, Inc.
|
26,101
|
584,923
|
||||||
|
American Express Co.
|
2,672
|
793,023
|
||||||
|
Arthur J Gallagher & Co.
|
2,434
|
690,891
|
||||||
|
Associated Banc-Corp.
|
28,910
|
690,949
|
||||||
|
Atlantic Union Bankshares Corp.
|
17,584
|
666,082
|
||||||
|
Bank of Hawaii Corp.
|
9,986
|
711,403
|
||||||
|
Bank OZK
|
13,539
|
602,892
|
||||||
|
BankUnited, Inc.
|
22,207
|
847,641
|
||||||
|
BOK Financial Corp.
|
6,703
|
713,534
|
||||||
|
Brown & Brown, Inc.
|
6,948
|
708,835
|
||||||
|
Camden National Corp. (b)
|
18,649
|
797,058
|
||||||
|
Cass Information Systems, Inc.
|
12,622
|
516,366
|
||||||
|
Cohen & Steers, Inc.
|
8,044
|
742,783
|
||||||
|
Columbia Banking System, Inc.
|
32,511
|
878,122
|
||||||
|
Comerica, Inc.
|
11,299
|
698,843
|
||||||
|
Commerce Bancshares, Inc./MO
|
12,001
|
747,751
|
||||||
|
Discover Financial Services
|
4,699
|
814,008
|
||||||
|
Essent Group Ltd.
|
10,389
|
565,577
|
||||||
|
First Busey Corp.
|
25,863
|
609,591
|
||||||
|
First Financial Bancorp
|
27,717
|
745,033
|
||||||
|
First Horizon Corp.
|
40,139
|
808,399
|
||||||
|
First Interstate BancSystem, Inc. - Class A
|
23,177
|
752,557
|
||||||
|
Global Payments, Inc.
|
4,552
|
510,097
|
||||||
|
Hamilton Lane, Inc. - Class A
|
5,396
|
798,878
|
||||||
|
Hancock Whitney Corp.
|
13,392
|
732,810
|
||||||
|
Huntington Bancshares, Inc./OH
|
44,407
|
722,502
|
||||||
|
Jack Henry & Associates, Inc.
|
3,501
|
613,725
|
||||||
|
KeyCorp
|
39,568
|
678,196
|
||||||
|
LPL Financial Holdings, Inc.
|
2,303
|
751,953
|
||||||
|
Mastercard, Inc. - Class A
|
1,264
|
665,585
|
||||||
|
MSCI, Inc.
|
1,095
|
657,011
|
||||||
|
NMI Holdings, Inc. - Class A (a)
|
18,797
|
690,978
|
||||||
|
OneMain Holdings, Inc.
|
12,457
|
649,383
|
||||||
|
Pacific Premier Bancorp, Inc.
|
25,818
|
643,385
|
||||||
|
PayPal Holdings, Inc. (a)
|
9,076
|
774,637
|
||||||
|
PennyMac Financial Services, Inc.
|
6,730
|
687,402
|
||||||
|
Piper Sandler Cos.
|
3,087
|
925,946
|
||||||
|
Primerica, Inc.
|
2,403
|
652,222
|
||||||
|
Sandy Spring Bancorp, Inc.
|
26,720
|
900,731
|
||||||
|
Selective Insurance Group, Inc.
|
5,572
|
521,093
|
||||||
|
Visa, Inc. - Class A
|
2,180
|
688,967
|
||||||
|
Voya Financial, Inc.
|
8,347
|
574,524
|
||||||
|
W R Berkley Corp.
|
10,404
|
608,842
|
||||||
|
Webster Financial Corp.
|
12,217
|
674,623
|
||||||
|
Wintrust Financial Corp.
|
5,823
|
726,186
|
||||||
|
32,085,414
|
||||||||
|
Health Care - 13.0%
|
||||||||
|
Agios Pharmaceuticals, Inc. (a)
|
20,789
|
683,127
|
||||||
|
Allogene Therapeutics, Inc. (a)
|
135,952
|
289,578
|
||||||
|
Alnylam Pharmaceuticals, Inc. (a)
|
4,080
|
960,065
|
||||||
|
Amgen, Inc.
|
2,177
|
567,413
|
||||||
|
AMN Healthcare Services, Inc. (a)
|
9,601
|
229,656
|
||||||
|
Arrowhead Pharmaceuticals, Inc. (a)
|
21,249
|
399,481
|
||||||
|
AtriCure, Inc. (a)
|
19,979
|
610,558
|
||||||
|
BioMarin Pharmaceutical, Inc. (a)
|
6,961
|
457,547
|
||||||
|
Bruker Corp.
|
6,475
|
379,565
|
||||||
|
Catalyst Pharmaceuticals, Inc. (a)
|
38,141
|
796,003
|
||||||
|
Cytokinetics, Inc. (a)
|
8,676
|
408,119
|
||||||
|
DexCom, Inc. (a)
|
4,384
|
340,944
|
||||||
|
Editas Medicine, Inc. (a)
|
81,904
|
104,018
|
||||||
|
Edwards Lifesciences Corp. (a)
|
6,361
|
470,905
|
||||||
|
Elanco Animal Health, Inc. (a)
|
37,337
|
452,151
|
||||||
|
Exact Sciences Corp. (a)
|
8,808
|
494,922
|
||||||
|
Exelixis, Inc. (a)
|
25,620
|
853,146
|
||||||
|
Glaukos Corp. (a)
|
6,451
|
967,263
|
||||||
|
Haemonetics Corp. (a)
|
7,127
|
556,476
|
||||||
|
IDEXX Laboratories, Inc. (a)
|
1,130
|
467,187
|
||||||
|
Insulet Corp. (a)
|
3,547
|
926,015
|
||||||
|
Integer Holdings Corp. (a)
|
5,214
|
690,959
|
||||||
|
Ionis Pharmaceuticals, Inc. (a)
|
14,026
|
490,349
|
||||||
|
Merck & Co., Inc.
|
4,611
|
458,702
|
||||||
|
Merit Medical Systems, Inc. (a)
|
8,028
|
776,468
|
||||||
|
Moderna, Inc. (a)
|
5,705
|
237,214
|
||||||
|
Neurocrine Biosciences, Inc. (a)
|
4,410
|
601,965
|
||||||
|
Nevro Corp. (a)
|
42,087
|
156,564
|
||||||
|
Pacira BioSciences, Inc. (a)
|
20,807
|
392,004
|
||||||
|
Penumbra, Inc. (a)
|
2,726
|
647,370
|
||||||
|
Pfizer, Inc.
|
22,344
|
592,786
|
||||||
|
Premier, Inc. - Class A
|
27,911
|
591,713
|
||||||
|
Protagonist Therapeutics, Inc. (a)
|
21,012
|
811,063
|
||||||
|
Repligen Corp. (a)
|
3,305
|
475,722
|
||||||
|
ResMed, Inc.
|
3,070
|
702,078
|
||||||
|
Ultragenyx Pharmaceutical, Inc. (a)
|
13,025
|
547,962
|
||||||
|
United Therapeutics Corp. (a)
|
2,647
|
933,967
|
||||||
|
Veeva Systems, Inc. - Class A (a)
|
2,627
|
552,327
|
||||||
|
Veracyte, Inc. (a)
|
27,427
|
1,086,109
|
||||||
|
Vertex Pharmaceuticals, Inc. (a)
|
1,455
|
585,929
|
||||||
|
Zoetis, Inc.
|
3,597
|
586,059
|
||||||
|
23,331,449
|
||||||||
|
Industrials - 12.8%
|
||||||||
|
A.O. Smith Corp.
|
6,796
|
463,555
|
||||||
|
AAON, Inc.
|
6,902
|
812,227
|
||||||
|
Alamo Group, Inc.
|
2,667
|
495,822
|
||||||
|
Atkore, Inc.
|
3,194
|
266,539
|
||||||
|
Bloom Energy Corp. - Class A (a)(b)
|
54,100
|
1,201,561
|
||||||
|
Brady Corp. - Class A
|
10,300
|
760,655
|
||||||
|
CSG Systems International, Inc.
|
11,905
|
608,465
|
||||||
|
Dayforce, Inc. (a)
|
9,180
|
666,835
|
||||||
|
Franklin Covey Co. (a)
|
15,484
|
581,889
|
||||||
|
Franklin Electric Co., Inc.
|
5,695
|
554,978
|
||||||
|
HNI Corp.
|
13,694
|
689,767
|
||||||
|
Illinois Tool Works, Inc.
|
2,269
|
575,328
|
||||||
|
John Bean Technologies Corp.
|
5,797
|
736,799
|
||||||
|
Kelly Services, Inc. - Class A
|
24,280
|
338,463
|
||||||
|
Lennox International, Inc.
|
1,247
|
759,797
|
||||||
|
Liquidity Services, Inc. (a)
|
32,687
|
1,055,463
|
||||||
|
Matson, Inc.
|
5,410
|
729,484
|
||||||
|
MSA Safety, Inc.
|
3,142
|
520,849
|
||||||
|
MYR Group, Inc. (a)
|
3,441
|
511,918
|
||||||
|
NORDSON Corp.
|
2,219
|
464,304
|
||||||
|
Paychex, Inc.
|
5,005
|
701,801
|
||||||
|
Paycom Software, Inc.
|
3,076
|
630,488
|
||||||
|
Plug Power, Inc. (a)(b)
|
176,664
|
376,294
|
||||||
|
Resideo Technologies, Inc. (a)
|
27,119
|
625,093
|
||||||
|
Robert Half, Inc.
|
7,816
|
550,715
|
||||||
|
Rockwell Automation, Inc.
|
2,090
|
597,301
|
||||||
|
Rush Enterprises, Inc. - Class A
|
11,470
|
628,441
|
||||||
|
SiteOne Landscape Supply, Inc. (a)
|
3,483
|
458,955
|
||||||
|
SS&C Technologies Holdings, Inc.
|
9,446
|
715,818
|
||||||
|
Steelcase, Inc. - Class A
|
46,949
|
554,937
|
||||||
|
Thermon Group Holdings, Inc. (a)
|
18,584
|
534,662
|
||||||
|
TPI Composites, Inc. (a)(b)
|
208,868
|
394,761
|
||||||
|
Trex Co., Inc. (a)
|
6,097
|
420,876
|
||||||
|
United Rentals, Inc.
|
843
|
593,843
|
||||||
|
Verisk Analytics, Inc.
|
2,580
|
710,609
|
||||||
|
W.W. Grainger, Inc.
|
600
|
632,430
|
||||||
|
Watts Water Technologies, Inc. - Class A
|
2,863
|
582,048
|
||||||
|
Xylem, Inc./NY
|
4,706
|
545,990
|
||||||
|
23,049,760
|
||||||||
|
Information Technology - 25.3%(c)
|
||||||||
|
A10 Networks, Inc.
|
44,406
|
817,070
|
||||||
|
Adobe Systems, Inc. (a)
|
1,205
|
535,839
|
||||||
|
Advanced Micro Devices, Inc. (a)
|
3,368
|
406,821
|
||||||
|
Amkor Technology, Inc.
|
18,856
|
484,411
|
||||||
|
Analog Devices, Inc.
|
3,075
|
653,314
|
||||||
|
Ansys, Inc. (a)
|
1,752
|
591,002
|
||||||
|
Apple, Inc.
|
3,545
|
887,739
|
||||||
|
Applied Materials, Inc.
|
2,949
|
479,596
|
||||||
|
Arista Networks, Inc. (a)
|
8,398
|
928,231
|
||||||
|
Autodesk, Inc. (a)
|
2,338
|
691,043
|
||||||
|
Badger Meter, Inc.
|
3,760
|
797,571
|
||||||
|
BlackLine, Inc. (a)
|
9,418
|
572,238
|
||||||
|
Box, Inc. - Class A (a)
|
21,470
|
678,452
|
||||||
|
Cadence Design System, Inc. (a)
|
1,956
|
587,700
|
||||||
|
CDW Corp./DE
|
2,380
|
414,215
|
||||||
|
Cisco Systems, Inc.
|
12,312
|
728,870
|
||||||
|
Cognex Corp.
|
14,334
|
514,017
|
||||||
|
Cohu, Inc. (a)
|
18,240
|
487,008
|
||||||
|
CTS Corp.
|
12,994
|
685,174
|
||||||
|
Datadog, Inc. - Class A (a)
|
4,920
|
703,019
|
||||||
|
DocuSign, Inc. (a)
|
10,210
|
918,287
|
||||||
|
Dropbox, Inc. - Class A (a)
|
25,019
|
751,571
|
||||||
|
Dynatrace, Inc. (a)
|
13,093
|
711,604
|
||||||
|
Enphase Energy, Inc. (a)
|
5,028
|
345,323
|
||||||
|
Entegris, Inc.
|
4,326
|
428,534
|
||||||
|
EPAM Systems, Inc. (a)
|
2,205
|
515,573
|
||||||
|
Extreme Networks, Inc. (a)
|
52,679
|
881,846
|
||||||
|
F5, Inc. (a)
|
3,209
|
806,967
|
||||||
|
Gartner, Inc. (a)
|
1,277
|
618,668
|
||||||
|
GoDaddy, Inc. - Class A (a)
|
5,126
|
1,011,719
|
||||||
|
HubSpot, Inc. (a)
|
971
|
676,564
|
||||||
|
Infinera Corp. (a)(b)
|
100,788
|
662,177
|
||||||
|
InterDigital, Inc.
|
5,768
|
1,117,377
|
||||||
|
Intuit, Inc.
|
938
|
589,533
|
||||||
|
IPG Photonics Corp. (a)
|
6,706
|
487,660
|
||||||
|
KLA Corp.
|
873
|
550,095
|
||||||
|
Lam Research Corp.
|
6,268
|
452,738
|
||||||
|
Lattice Semiconductor Corp. (a)
|
7,773
|
440,340
|
||||||
|
Littelfuse, Inc.
|
2,512
|
591,953
|
||||||
|
Lumentum Holdings, Inc. (a)
|
12,840
|
1,077,918
|
||||||
|
MaxLinear, Inc. (a)
|
32,586
|
644,551
|
||||||
|
Microsoft Corp.
|
1,445
|
609,067
|
||||||
|
MKS Instruments, Inc.
|
4,571
|
477,167
|
||||||
|
MongoDB, Inc. (a)
|
1,696
|
394,846
|
||||||
|
Monolithic Power Systems, Inc.
|
900
|
532,530
|
||||||
|
NetApp, Inc.
|
5,794
|
672,567
|
||||||
|
NetScout Systems, Inc. (a)
|
27,831
|
602,819
|
||||||
|
Novanta, Inc. (a)
|
3,480
|
531,640
|
||||||
|
Nutanix, Inc. - Class A (a)
|
9,853
|
602,806
|
||||||
|
NVIDIA Corp.
|
6,734
|
904,309
|
||||||
|
Okta, Inc. (a)
|
5,814
|
458,143
|
||||||
|
Power Integrations, Inc.
|
8,573
|
528,954
|
||||||
|
PTC, Inc. (a)
|
3,221
|
592,245
|
||||||
|
Pure Storage, Inc. - Class A (a)
|
11,699
|
718,670
|
||||||
|
Qualcomm, Inc.
|
3,595
|
552,264
|
||||||
|
Rambus, Inc. (a)
|
9,839
|
520,089
|
||||||
|
Rogers Corp. (a)
|
5,124
|
520,650
|
||||||
|
Salesforce, Inc.
|
2,022
|
676,015
|
||||||
|
ScanSource, Inc. (a)
|
13,802
|
654,905
|
||||||
|
ServiceNow, Inc. (a)
|
799
|
847,036
|
||||||
|
Smartsheet, Inc. - Class A (a)
|
15,792
|
884,826
|
||||||
|
Teradyne, Inc.
|
5,413
|
681,605
|
||||||
|
Texas Instruments, Inc.
|
3,549
|
665,473
|
||||||
|
Trimble, Inc. (a)
|
9,447
|
667,525
|
||||||
|
Twilio, Inc. - Class A (a)
|
9,945
|
1,074,856
|
||||||
|
Universal Display Corp.
|
3,629
|
530,560
|
||||||
|
VeriSign, Inc. (a)
|
3,210
|
664,342
|
||||||
|
Workday, Inc. - Class A (a)
|
2,230
|
575,407
|
||||||
|
Zoom Communications, Inc. - Class A (a)
|
9,300
|
758,973
|
||||||
|
Zscaler, Inc. (a)
|
3,158
|
569,735
|
||||||
|
45,394,352
|
||||||||
|
Materials - 2.3%
|
||||||||
|
AptarGroup, Inc.
|
4,227
|
664,062
|
||||||
|
Balchem Corp.
|
3,925
|
639,756
|
||||||
|
Berry Global Group, Inc.
|
10,054
|
650,192
|
||||||
|
Element Solutions, Inc.
|
24,341
|
618,992
|
||||||
|
Greif, Inc. - Class B
|
8,891
|
603,254
|
||||||
|
Kronos Worldwide, Inc.
|
52,497
|
511,846
|
||||||
|
Magnera Corp. (a)
|
2,778
|
50,476
|
||||||
|
Stepan Co.
|
6,839
|
442,483
|
||||||
|
4,181,061
|
||||||||
|
Utilities - 1.6%
|
||||||||
|
American States Water Co.
|
8,537
|
663,495
|
||||||
|
American Water Works Co., Inc.
|
4,979
|
619,836
|
||||||
|
California Water Service Group
|
13,900
|
630,087
|
||||||
|
Middlesex Water Co.
|
11,663
|
613,824
|
||||||
|
Sunnova Energy International, Inc. (a)
|
99,069
|
339,807
|
||||||
|
2,867,049
|
||||||||
|
TOTAL COMMON STOCKS (Cost $160,881,489)
|
172,389,014
|
|||||||
|
REAL ESTATE INVESTMENT TRUSTS - 3.8%
|
Shares
|
Value
|
||||||
|
AGNC Investment Corp. (b)
|
65,934
|
607,252
|
||||||
|
HA Sustainable Infrastructure Capital, Inc.
|
21,798
|
584,840
|
||||||
|
American Assets Trust, Inc.
|
28,371
|
745,022
|
||||||
|
Apple Hospitality REIT, Inc.
|
38,344
|
588,580
|
||||||
|
Easterly Government Properties, Inc.
|
55,330
|
628,549
|
||||||
|
Essential Properties Realty Trust, Inc.
|
23,099
|
722,537
|
||||||
|
Hudson Pacific Properties, Inc.
|
94,260
|
285,608
|
||||||
|
Prologis, Inc.
|
4,720
|
498,904
|
||||||
|
Rexford Industrial Realty, Inc.
|
12,232
|
472,889
|
||||||
|
Ryman Hospitality Properties, Inc.
|
5,337
|
556,863
|
||||||
|
Sunstone Hotel Investors, Inc.
|
55,204
|
653,615
|
||||||
|
Xenia Hotels & Resorts, Inc.
|
40,953
|
608,562
|
||||||
|
6,953,221
|
||||||||
|
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $7,359,069)
|
6,953,221
|
|||||||
|
SHORT-TERM INVESTMENTS - 2.2%
|
||||||||
|
Investments Purchased with Proceeds from Securities Lending - 1.7%
|
||||||||
|
First American Government Obligations Fund - Class X, 4.39% (d)
|
3,039,967
|
3,039,967
|
||||||
|
Money Market Funds - 0.5%
|
||||||||
|
Invesco Government & Agency Portfolio – Institutional Class, 4.42% (d)
|
866,230
|
866,230
|
||||||
|
TOTAL SHORT-TERM INVESTMENTS
(Cost $3,906,197)
|
3,906,197
|
|||||||
|
TOTAL INVESTMENTS - 101.9% (Cost
$172,146,755)
|
183,248,432
|
|||||||
|
Liabilities in Excess of Other Assets - (1.9)%
|
(3,439,125
|
)
|
||||||
|
TOTAL NET ASSETS - 100.0%
|
$
|
179,809,307
|
||||||
|
two
|
–
|
%
|
||||||
|
Percentages are stated as a percent of net assets.
|
–
|
%
|
||||||
|
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc.
("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
|
||||||||
|
(a)
|
Non-income producing security.
|
|
(b)
|
All or a portion of this security is on loan as of December 31, 2024. The total market value of these securities was $2,902,767
which represented 1.6% of net assets.
|
|
(c)
|
To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be
especially sensitive to developments that significantly affect those industries or sectors.
|
|
(d)
|
The rate shown represents the 7-day annualized effective yield as of December 31, 2024.
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
|
Investments:
|
||||||||||||||||
|
Common Stocks
|
$
|
172,389,014
|
$
|
–
|
$
|
–
|
$
|
172,389,014
|
||||||||
|
Real Estate Investment Trusts
|
6,953,221
|
–
|
–
|
6,953,221
|
||||||||||||
|
Investments Purchased with Proceeds from Securities Lending
|
3,039,967
|
–
|
–
|
3,039,967
|
||||||||||||
|
Money Market Funds
|
866,230
|
–
|
–
|
866,230
|
||||||||||||
|
Total Investments
|
$
|
183,248,432
|
$
|
–
|
$
|
–
|
$
|
183,248,432
|
||||||||
|
Refer to the Schedule of Investments for further disaggregation of investment categories.
|
||||||||||||||||