Securian AM Real Asset Income Fund
SCHEDULE OF INVESTMENTS
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
CLOSED-END FUNDS — 0.6% | ||||||||
35,122 | BlackRock Floating Rate Income Strategies Fund, Inc. | $ | 454,830 | |||||
TOTAL CLOSED-END FUNDS | ||||||||
(Cost $453,279) | 454,830 | |||||||
COMMON STOCKS — 69.7% | ||||||||
OTHER COMMON STOCKS — 17.5% | ||||||||
COMMUNICATIONS — 0.4% | ||||||||
4,500 | Verizon Communications, Inc. | 254,205 | ||||||
ENERGY — 4.9% | ||||||||
11,700 | Baker Hughes Co. | 285,480 | ||||||
24,600 | DCP Midstream LP | 619,182 | ||||||
19,600 | Enbridge, Inc.1 | 754,208 | ||||||
17,473 | Kinder Morgan, Inc. | 320,455 | ||||||
14,500 | NuStar Energy LP | 266,075 | ||||||
23,818 | Targa Resources Corp. | 925,567 | ||||||
23,400 | Williams Cos., Inc. | 616,356 | ||||||
3,787,323 | ||||||||
UTILITIES — 12.2% | ||||||||
31,600 | AES Corp. | 802,956 | ||||||
4,900 | Alliant Energy Corp. | 280,035 | ||||||
8,810 | American Electric Power Co., Inc. | 757,660 | ||||||
4,802 | Brookfield Infrastructure Corp. - Class A1 | 343,727 | ||||||
10,800 | Brookfield Infrastructure Partners LP1 | 585,576 | ||||||
9,812 | Brookfield Renewable Corp. - Class A1 | 419,169 | ||||||
20,700 | CenterPoint Energy, Inc. | 523,710 | ||||||
19,400 | Clearway Energy, Inc. - Class A | 487,522 | ||||||
6,400 | CMS Energy Corp. | 401,536 | ||||||
13,070 | Dominion Energy, Inc. | 995,150 | ||||||
2,247 | DTE Energy Co. | 310,063 | ||||||
5,100 | Duke Energy Corp. | 511,122 | ||||||
6,500 | Entergy Corp. | 684,190 | ||||||
1,836 | Evergy, Inc. | 113,814 | ||||||
12,300 | NextEra Energy, Inc. | 900,606 | ||||||
12,500 | NRG Energy, Inc. | 401,875 | ||||||
6,100 | Sempra Energy | 826,489 | ||||||
3,800 | South Jersey Industries, Inc. | 101,308 | ||||||
9,446,508 | ||||||||
TOTAL OTHER COMMON STOCKS | ||||||||
(Cost $10,654,392) | 13,488,036 | |||||||
REIT COMMON STOCKS — 52.2% | ||||||||
FINANCIAL — 52.2% | ||||||||
10,512 | Agree Realty Corp. | 738,783 |
Securian AM Real Asset Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
COMMON STOCKS (Continued) | ||||||||
FINANCIAL (Continued) | ||||||||
3,200 | Alexandria Real Estate Equities, Inc. | $ | 570,432 | |||||
5,400 | American Campus Communities, Inc. | 254,664 | ||||||
2,900 | American Tower Corp. | 740,834 | ||||||
23,200 | Americold Realty Trust | 882,064 | ||||||
3,900 | AvalonBay Communities, Inc. | 807,066 | ||||||
12,047 | Blackstone Mortgage Trust, Inc. - Class A | 385,865 | ||||||
4,900 | Boston Properties, Inc. | 576,044 | ||||||
6,900 | Brixmor Property Group, Inc. | 156,699 | ||||||
22,399 | Broadstone Net Lease, Inc. | 489,194 | ||||||
7,678 | Camden Property Trust | 962,668 | ||||||
29,060 | CareTrust REIT, Inc. | 676,517 | ||||||
5,500 | Community Healthcare Trust, Inc. | 260,040 | ||||||
24,910 | Corporate Office Properties Trust | 687,516 | ||||||
11,900 | Cousins Properties, Inc. | 441,371 | ||||||
7,500 | Crown Castle International Corp. | 1,421,250 | ||||||
8,949 | CyrusOne, Inc. | 659,989 | ||||||
25,500 | DiamondRock Hospitality Co. | 246,840 | ||||||
10,912 | Digital Realty Trust, Inc. | 1,653,823 | ||||||
24,800 | Easterly Government Properties, Inc. | 514,104 | ||||||
2,275 | Equinix, Inc. | 1,676,038 | ||||||
3,400 | Equity LifeStyle Properties, Inc. | 240,924 | ||||||
30,500 | Essential Properties Realty Trust, Inc. | 780,800 | ||||||
2,900 | Essex Property Trust, Inc. | 856,341 | ||||||
8,043 | Extra Space Storage, Inc. | 1,204,922 | ||||||
5,000 | First Industrial Realty Trust, Inc. | 253,200 | ||||||
9,100 | Getty Realty Corp. | 283,283 | ||||||
8,500 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 418,285 | ||||||
34,513 | Healthpeak Properties, Inc. | 1,152,044 | ||||||
14,300 | Highwoods Properties, Inc. | 653,224 | ||||||
26,100 | Host Hotels & Resorts, Inc. | 448,137 | ||||||
23,500 | Hudson Pacific Properties, Inc. | 681,265 | ||||||
36,300 | Independence Realty Trust, Inc. | 620,004 | ||||||
28,300 | Invitation Homes, Inc. | 1,026,441 | ||||||
8,800 | Kilroy Realty Corp. | 617,848 | ||||||
6,400 | Life Storage, Inc. | 636,416 | ||||||
11,250 | MGM Growth Properties LLC - Class A | 403,537 | ||||||
5,400 | Mid-America Apartment Communities, Inc. | 867,780 | ||||||
14,137 | National Retail Properties, Inc. | 655,250 | ||||||
9,678 | Omega Healthcare Investors, Inc. | 354,408 | ||||||
11,100 | Pebblebrook Hotel Trust | 248,085 | ||||||
30,800 | Physicians Realty Trust | 558,404 | ||||||
1,700 | PotlatchDeltic Corp. | 102,340 |
Securian AM Real Asset Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
COMMON STOCKS (Continued) | ||||||||
FINANCIAL (Continued) | ||||||||
19,701 | Prologis, Inc. | $ | 2,321,566 | |||||
5,100 | Public Storage | 1,440,648 | ||||||
9,900 | QTS Realty Trust, Inc. - Class A | 627,462 | ||||||
11,200 | Regency Centers Corp. | 723,520 | ||||||
11,636 | Retail Opportunity Investments Corp. | 207,819 | ||||||
18,400 | RLJ Lodging Trust | 282,808 | ||||||
16,000 | Sabra Health Care REIT, Inc. | 279,520 | ||||||
4,300 | Simon Property Group, Inc. | 552,507 | ||||||
28,384 | STAG Industrial, Inc. | 1,013,593 | ||||||
10,300 | Starwood Property Trust, Inc. | 261,517 | ||||||
5,698 | STORE Capital Corp. | 196,011 | ||||||
26,295 | Summit Hotel Properties, Inc. | 252,695 | ||||||
4,600 | Sun Communities, Inc. | 770,132 | ||||||
11,500 | Sunstone Hotel Investors, Inc. | 144,440 | ||||||
24,200 | UDR, Inc. | 1,152,646 | ||||||
13,400 | VICI Properties, Inc. | 417,142 | ||||||
8,100 | Weingarten Realty Investors | 265,437 | ||||||
17,464 | Welltower, Inc. | 1,305,783 | ||||||
6,800 | Weyerhaeuser Co. | 258,128 | ||||||
40,338,113 | ||||||||
TOTAL REIT COMMON STOCKS | ||||||||
(Cost $29,004,771) | 40,338,113 | |||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $39,659,163) | 53,826,149 |
Principal | ||||||||
CORPORATE BONDS — 0.3% | ||||||||
UTILITIES — 0.3% | ||||||||
$ | 200,000 | CenterPoint Energy, Inc. 6.125% (3-Month USD Libor+327 basis points)2,3,4 | 213,625 | |||||
TOTAL CORPORATE BONDS | ||||||||
(Cost $200,000) | 213,625 |
Number | ||||||||
MASTER LIMITED PARTNERSHIPS — 9.2% | ||||||||
ENERGY — 8.6% | ||||||||
3,200 | Cheniere Energy Partners LP | 132,032 | ||||||
104,852 | Energy Transfer LP | 1,038,035 | ||||||
49,984 | Enterprise Products Partners LP | 1,180,122 | ||||||
35,382 | Genesis Energy LP | 330,468 | ||||||
10,901 | Magellan Midstream Partners LP | 537,310 |
Securian AM Real Asset Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
MASTER LIMITED PARTNERSHIPS (Continued) | ||||||||
ENERGY (Continued) | ||||||||
39,172 | MPLX LP | $ | 1,121,494 | |||||
109,700 | Plains All American Pipeline LP | 1,155,141 | ||||||
6,000 | USA Compression Partners LP | 92,580 | ||||||
16,656 | Viper Energy Partners LP | 300,308 | ||||||
36,800 | Western Midstream Partners LP | 735,264 | ||||||
6,622,754 | ||||||||
UTILITIES — 0.6% | ||||||||
7,300 | NextEra Energy Partners LP | 499,101 | ||||||
TOTAL MASTER LIMITED PARTNERSHIPS | ||||||||
(Cost $5,315,982) | 7,121,855 | |||||||
PREFERRED STOCKS — 10.5% | ||||||||
ENERGY — 0.4% | ||||||||
12,400 | Energy Transfer LP, 7.625%2,3,4 | 309,752 | ||||||
FINANCIAL — 8.6% | ||||||||
19,898 | American Homes 4 Rent, 5.875%2,3 | 519,537 | ||||||
10,500 | Armada Hoffler Properties, Inc., 6.750%2,3 | 290,325 | ||||||
10,732 | Centerspace, 6.625%2,3 | 284,184 | ||||||
10,200 | Digital Realty Trust, Inc., 5.200%2,3 | 283,152 | ||||||
8,980 | EPR Properties, 5.750%2,3 | 231,415 | ||||||
13,357 | Pebblebrook Hotel Trust, 6.375%2,3 | 338,600 | ||||||
17,513 | Pebblebrook Hotel Trust, 6.375%2,3 | 445,005 | ||||||
14,900 | Pebblebrook Hotel Trust, 6.375%2,3 | 385,016 | ||||||
11,600 | PS Business Parks, Inc., 4.875%2,3 | 314,360 | ||||||
13,600 | PS Business Parks, Inc., 5.200%2,3 | 352,784 | ||||||
20,800 | Public Storage, 4.875%2,3 | 567,632 | ||||||
4,476 | Public Storage, 5.600%2,3 | 125,283 | ||||||
10,500 | Rexford Industrial Realty, Inc., 5.625%2,3 | 291,165 | ||||||
14,800 | Saul Centers, Inc., 6.000%2,3 | 393,976 | ||||||
12,800 | Saul Centers, Inc., 6.125%2,3 | 338,816 | ||||||
10,800 | Summit Hotel Properties, Inc., 6.250%2,3 | 287,928 | ||||||
12,827 | Summit Hotel Properties, Inc., 6.450%2,3 | 326,960 | ||||||
15,400 | Sunstone Hotel Investors, Inc., 6.125%2,3 | 411,796 | ||||||
10,107 | Sunstone Hotel Investors, Inc., 6.950%2,3 | 255,404 | ||||||
9,100 | Vornado Realty Trust, 5.250%2,3 | 242,242 | ||||||
6,685,580 | ||||||||
UTILITIES — 1.5% | ||||||||
14,400 | Brookfield Infrastructure Partners LP, 5.000%1,2,3 | 359,136 | ||||||
9,700 | CMS Energy Corp., 5.875%, 10/15/20782 | 267,526 | ||||||
7,200 | Duke Energy Corp., 5.625%, 9/15/20782 | 195,264 |
Securian AM Real Asset Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
PREFERRED STOCKS (Continued) | ||||||||
UTILITIES (Continued) | ||||||||
11,400 | Sempra Energy, 5.750%, 7/1/20792 | $ | 309,624 | |||||
1,131,550 | ||||||||
TOTAL PREFERRED STOCKS | ||||||||
(Cost $7,557,964) | 8,126,882 |
Principal | ||||||||
U.S. GOVERNMENT SECURITIES — 9.6% | ||||||||
United States Treasury Inflation Indexed Bonds | ||||||||
$ | 587,480 | 0.625%, 7/15/2021 | 594,315 | |||||
458,912 | 0.125%, 1/15/2023 | 481,722 | ||||||
568,965 | 0.375%, 7/15/2023 | 609,957 | ||||||
1,198,915 | 0.125%, 7/15/2024 | 1,303,740 | ||||||
1,404,890 | 2.375%, 1/15/2025 | 1,651,770 | ||||||
446,676 | 0.375%, 7/15/2025 | 496,435 | ||||||
612,975 | 0.625%, 1/15/2026 | 688,813 | ||||||
805,435 | 3.875%, 4/15/2029 | 1,140,736 | ||||||
306,303 | 2.125%, 2/15/2040 | 450,888 | ||||||
TOTAL U.S. GOVERNMENT SECURITIES | ||||||||
(Cost $6,791,036) | 7,418,376 |
Number | ||||||||
SHORT-TERM INVESTMENTS — 0.3% | ||||||||
235,750 | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Class Institutional, 0.03%5 | 235,750 | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $235,750) | 235,750 | |||||||
TOTAL INVESTMENTS — 100.2% | ||||||||
(Cost $60,213,174) | 77,397,467 | |||||||
Liabilities in Excess of Other Assets — (0.2)% | (127,829 | ) | ||||||
TOTAL NET ASSETS — 100.0% | $ | 77,269,638 |
LLC – Limited Liability Company |
LP – Limited Partnership |
REIT – Real Estate Investment Trusts |
1 | Foreign security denominated in U.S. Dollars. |
2 | Callable. |
3 | Perpetual security. Maturity date is not applicable. |
4 | Variable rate security. |
5 | The rate is the annualized seven-day yield at period end. |
Securian AM Balanced Stabilization Fund
SCHEDULE OF INVESTMENTS
As of May 31, 2021 (Unaudited)
Principal | Value | |||||||
CORPORATE BONDS — 17.2% | ||||||||
BASIC MATERIALS — 0.9% | ||||||||
$ | 300,000 | Sherwin-Williams Co. 3.950%, 1/15/20261 | $ | 335,746 | ||||
250,000 | Yara International A.S.A. 4.750%, 6/1/20281,2,3 | 293,259 | ||||||
629,005 | ||||||||
COMMUNICATIONS — 2.8% | ||||||||
300,000 | AT&T, Inc. 4.500%, 5/15/20351 | 344,772 | ||||||
250,000 | Comcast Corp. 4.650%, 7/15/2042 | 306,427 | ||||||
500,000 | E*TRADE Financial Corp. 2.950%, 8/24/20221 | 515,091 | ||||||
298,000 | Verizon Communications, Inc. 2.987%, 10/30/20561 | 266,665 | ||||||
300,000 | ViacomCBS, Inc. 3.500%, 1/15/20251 | 324,177 | ||||||
250,000 | Vodafone Group PLC 4.125%, 5/30/20253 | 280,197 | ||||||
2,037,329 | ||||||||
CONSUMER, CYCLICAL — 0.2% | ||||||||
148,608 | British Airways 2013-1 Class A Pass-Through Trust 4.625%, 12/20/20252 | 154,193 | ||||||
CONSUMER, NON-CYCLICAL — 2.0% | ||||||||
300,000 | Abbott Laboratories 4.750%, 4/15/20431 | 388,779 | ||||||
173,046 | CVS Pass-Through Trust 6.943%, 1/10/2030 | 211,875 | ||||||
250,000 | Global Payments, Inc. 4.800%, 4/1/20261 | 287,701 | ||||||
500,000 | Takeda Pharmaceutical Co., Ltd. 5.000%, 11/26/20281,3 | 597,517 | ||||||
1,485,872 | ||||||||
ENERGY — 2.4% | ||||||||
300,000 | Florida Gas Transmission Co. LLC 4.350%, 7/15/20251,2 | 332,718 | ||||||
250,000 | ONEOK, Inc. 4.000%, 7/13/20271 | 276,228 | ||||||
200,000 | Phillips 66 4.650%, 11/15/20341 | 234,435 | ||||||
Valero Energy Corp. | ||||||||
300,000 | 3.650%, 3/15/2025 | 326,853 |
Securian AM Balanced Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Principal | Value | |||||||
CORPORATE BONDS (Continued) | ||||||||
ENERGY (Continued) | ||||||||
$ | 250,000 | 4.350%, 6/1/20281 | $ | 281,439 | ||||
250,000 | Williams Cos., Inc. 3.750%, 6/15/20271 | 277,600 | ||||||
1,729,273 | ||||||||
FINANCIAL — 6.5% | ||||||||
200,000 | Alexandria Real Estate Equities, Inc. 4.300%, 1/15/20261 | 225,191 | ||||||
250,000 | Allied World Assurance Co. Holdings Ltd. 4.350%, 10/29/20251,3 | 272,469 | ||||||
250,000 | American Express Co. 2.500%, 8/1/20221 | 256,098 | ||||||
200,000 | Assured Guaranty U.S. Holdings, Inc. 5.000%, 7/1/2024 | 224,676 | ||||||
200,000 | Barclays PLC 4.375%, 1/12/20263 | 224,946 | ||||||
250,000 | Capital One Financial Corp. 4.250%, 4/30/20251 | 279,900 | ||||||
300,000 | Essex Portfolio LP 3.500%, 4/1/20251 | 325,970 | ||||||
200,000 | First American Financial Corp. 4.600%, 11/15/2024 | 223,075 | ||||||
250,000 | Hanover Insurance Group, Inc. 4.500%, 4/15/20261 | 284,205 | ||||||
250,000 | Healthcare Trust of America Holdings LP 3.750%, 7/1/20271 | 279,616 | ||||||
250,000 | Horace Mann Educators Corp. 4.500%, 12/1/20251 | 274,442 | ||||||
250,000 | Invesco Finance PLC 3.750%, 1/15/20263 | 277,791 | ||||||
250,000 | Kimco Realty Corp. 3.400%, 11/1/20221 | 259,333 | ||||||
250,000 | Liberty Mutual Group, Inc. 4.250%, 6/15/20232 | 268,573 | ||||||
250,000 | Manulife Financial Corp. 4.150%, 3/4/20263 | 283,113 | ||||||
200,000 | Old Republic International Corp. 4.875%, 10/1/20241 | 224,262 | ||||||
250,000 | PNC Bank N.A. 2.450%, 7/28/20221 | 256,148 | ||||||
250,000 | Synchrony Bank 3.000%, 6/15/20221 | 256,342 | ||||||
4,696,150 |
Securian AM Balanced Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Principal | Value | |||||||
CORPORATE BONDS (Continued) | ||||||||
INDUSTRIAL — 1.9% | ||||||||
$ | 250,000 | General Dynamics Corp. 3.500%, 5/15/20251 | $ | 275,065 | ||||
250,000 | Kansas City Southern 4.300%, 5/15/20431 | 280,346 | ||||||
250,000 | Penske Truck Leasing Co. Lp / PTL Finance Corp. 3.900%, 2/1/20241,2 | 269,838 | ||||||
250,000 | Textron, Inc. 4.000%, 3/15/20261 | 277,608 | ||||||
250,000 | Tyco Electronics Group S.A. 3.700%, 2/15/20261,3 | 273,989 | ||||||
1,376,846 | ||||||||
TECHNOLOGY — 0.2% | ||||||||
100,000 | Hewlett Packard Enterprise Co. 4.900%, 10/15/20251 | 114,205 | ||||||
UTILITIES — 0.3% | ||||||||
200,000 | Oglethorpe Power Corp. 4.250%, 4/1/20461 | 212,087 | ||||||
TOTAL CORPORATE BONDS | ||||||||
(Cost $11,149,740) | 12,434,960 |
Number | ||||||||
EXCHANGE-TRADED FUNDS — 55.3% | ||||||||
80,666 | iShares Core S&P 500 ETF4 | 34,012,819 | ||||||
45,500 | iShares iBoxx $ Investment Grade Corporate Bond ETF | 5,992,805 | ||||||
TOTAL EXCHANGE-TRADED FUNDS | ||||||||
(Cost $22,820,471) | 40,005,624 |
Number | ||||||||
PURCHASED OPTIONS CONTRACTS — 0.1% | ||||||||
CALL OPTIONS — 0.0% | ||||||||
144 | CBOE Volatility Index Exercise Price: $21.00, Notional Amount: $302,400 Expiration Date: June 30, 2021 | 30,960 | ||||||
TOTAL CALL OPTIONS | ||||||||
(Cost $31,024) | 30,960 | |||||||
PUT OPTIONS — 0.1% | ||||||||
13 | S&P 500 Index Exercise Price: $4,085.00, Notional Amount: $5,310,500 Expiration Date: June 30, 2021 | 40,040 | ||||||
TOTAL PUT OPTIONS | ||||||||
(Cost $46,144) | 40,040 |
Securian AM Balanced Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
PURCHASED OPTIONS CONTRACTS (Continued) | ||||||||
TOTAL PURCHASED OPTIONS CONTRACTS | ||||||||
(Cost $77,168) | 71,000 |
Principal | ||||||||
U.S. GOVERNMENT SECURITIES — 4.7% | ||||||||
$ | 3,400,000 | United States Treasury Note 2.625%, 12/15/2021 | 3,447,508 | |||||
TOTAL U.S. GOVERNMENT SECURITIES | ||||||||
(Cost $3,386,597) | 3,447,508 |
Number | ||||||||
SHORT-TERM INVESTMENTS — 21.3% | ||||||||
15,389,240 | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Class Institutional, 0.03%5 | 15,389,240 | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $15,389,240) | 15,389,240 | |||||||
TOTAL INVESTMENTS — 98.6% | ||||||||
(Cost $52,823,216) | 71,348,332 | |||||||
Other Assets in Excess of Liabilities — 1.4% | 994,519 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 72,342,851 |
Number | ||||||||
WRITTEN OPTIONS CONTRACTS — (0.0)% | ||||||||
CALL OPTIONS — (0.0)% | ||||||||
(144 | ) | CBOE Volatility Index Exercise Price: $30.00, Notional Amount: $(432,000) Expiration Date: June 30, 2021 | (14,400 | ) | ||||
TOTAL CALL OPTIONS | ||||||||
(Proceeds $13,750) | (14,400 | ) | ||||||
PUT OPTIONS — (0.0)% | ||||||||
(13 | ) | S&P 500 Index Exercise Price: $3,670.00, Notional Amount: $(4,771,000) Expiration Date: June 30, 2021 | (7,410 | ) | ||||
TOTAL PUT OPTIONS | ||||||||
(Proceeds $8,864) | (7,410 | ) | ||||||
TOTAL WRITTEN OPTIONS CONTRACTS | ||||||||
(Proceeds $22,614) | $ | (21,810 | ) |
ETF – Exchange-Traded Fund |
LLC – Limited Liability Company |
LP – Limited Partnership |
PLC – Public Limited Company |
1 | Callable. |
Securian AM Balanced Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
2 | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities are restricted and may be resold in transactions exempt from registration normally to qualified institutional buyers. The total value of these securities is $1,318,581, which represents 1.8% of total net assets of the Fund. |
3 | Foreign security denominated in U.S. Dollars. |
4 | All or a portion of this security is segregated as collateral for securities sold short. The market value of the securities pledged as collateral was $4,216,500. |
5 | The rate is the annualized seven-day yield at period end. |
Securian AM Balanced Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
FUTURES CONTRACTS
Number of | Unrealized | |||||||||||||||||
Contracts | Expiration | Notional | Value at | Appreciation | ||||||||||||||
Long (Short) | Description | Date | Value | May 31, 2021 | (Depreciation) | |||||||||||||
86 | E-mini S&P 500 Index | June 2021 | $ | 17,553,312 | $ | 18,070,320 | $ | 517,008 | ||||||||||
TOTAL FUTURES CONTRACTS | $ | 17,553,312 | $ | 18,070,320 | $ | 517,008 |
Securian AM Equity Stabilization Fund
SCHEDULE OF INVESTMENTS
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
EXCHANGE-TRADED FUNDS — 90.8% | ||||||||
16,365 | BlackRock Short Maturity Bond ETF | $ | 821,523 | |||||
36,907 | iShares Core High Dividend ETF | 3,620,577 | ||||||
65,571 | iShares MSCI EAFE Min Vol Factor ETF | 5,012,247 | ||||||
21,186 | iShares MSCI Emerging Markets Min Vol Factor ETF | 1,372,853 | ||||||
27,246 | iShares MSCI Germany ETF | 974,862 | ||||||
90,049 | iShares MSCI USA Min Vol Factor ETF1 | 6,535,756 | ||||||
TOTAL EXCHANGE-TRADED FUNDS | ||||||||
(Cost $12,235,549) | 18,337,818 |
Number | ||||||||
PURCHASED OPTIONS CONTRACTS — 0.1% | ||||||||
CALL OPTIONS — 0.0% | ||||||||
34 | CBOE Volatility Index Exercise Price: $21.00, Notional Amount: $71,400 Expiration Date: June 30, 2021 | 7,310 | ||||||
TOTAL CALL OPTIONS | ||||||||
(Cost $7,325) | 7,310 | |||||||
PUT OPTIONS — 0.1% | ||||||||
5 | S&P 500 Index Exercise Price: $4,085.00, Notional Amount: $2,042,500 Expiration Date: June 30, 2021 | 15,400 | ||||||
TOTAL PUT OPTIONS | ||||||||
(Cost $17,748) | 15,400 | |||||||
TOTAL PURCHASED OPTIONS CONTRACTS | ||||||||
(Cost $25,073) | 22,710 |
Number | ||||||||
SHORT-TERM INVESTMENTS — 8.3% | ||||||||
1,666,898 | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Class Institutional, 0.03%2 | 1,666,898 | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $1,666,898) | 1,666,898 | |||||||
TOTAL INVESTMENTS — 99.2% | ||||||||
(Cost $13,927,520) | 20,027,426 | |||||||
Other Assets in Excess of Liabilities — 0.8% | 161,113 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 20,188,539 |
Securian AM Equity Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
Number | Value | |||||||
WRITTEN OPTIONS CONTRACTS — (0.0)% | ||||||||
CALL OPTIONS — (0.0)% | ||||||||
(34 | ) | CBOE Volatility Index Exercise Price: $30.00, Notional Amount: $(102,000) Expiration Date: June 30, 2021 | $ | (3,400 | ) | |||
TOTAL CALL OPTIONS | ||||||||
(Proceeds $3,247) | (3,400 | ) | ||||||
PUT OPTIONS — (0.0)% | ||||||||
(5 | ) | S&P 500 Index Exercise Price: $3,670.00, Notional Amount: $(1,835,000) Expiration Date: June 30, 2021 | (2,850 | ) | ||||
TOTAL PUT OPTIONS | ||||||||
(Proceeds $3,409) | (2,850 | ) | ||||||
TOTAL WRITTEN OPTIONS CONTRACTS | ||||||||
(Proceeds $6,656) | $ | (6,250 | ) |
ETF – Exchange-Traded Fund |
1 | All or a portion of this security is segregated as collateral for securities sold short. The market value of the securities pledged as collateral was $725,800. |
2 | The rate is the annualized seven-day yield at period end. |
Securian AM Equity Stabilization Fund
SCHEDULE OF INVESTMENTS - Continued
As of May 31, 2021 (Unaudited)
FUTURES CONTRACTS
Number of | Unrealized | |||||||||||||||||
Contracts | Expiration | Value at | Value at | Appreciation | ||||||||||||||
Long (Short) | Description | Date | Trade Date | May 31, 2021 | (Depreciation) | |||||||||||||
14 | E-mini S&P 500 Index | June 2021 | $ | 2,841,124 | $ | 2,941,680 | $ | 100,556 | ||||||||||
TOTAL FUTURES CONTRACTS | $ | 2,841,124 | $ | 2,941,680 | $ | 100,556 |