UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-03015
Ohio National Fund, Inc.
(Exact name of registrant as specified in charter)
One Financial Way, Cincinnati, Ohio | 45242 |
(Address of principal executive offices) | (Zip code) |
CT Corporation 300 E. Lombard St. Suite 1400 Baltimore, MD 21202
(Name and address of agent for service)
Registrant’s telephone number, including area code: 513-794-6971
Date of fiscal year end: December 31
Date of reporting period: June 30, 2021
Item 1. Reports To Stockholders.
(a)
1 | |
The following pages contain Performance, Comments from Adviser/Sub-Adviser, Change in Value of $10,000 Investment, Portfolio Composition, Top Holdings and Schedule of Investments (all of which are unaudited) for each of the Fund’s Portfolios: | |
3 | |
9 | |
19 | |
26 | |
29 | |
38 | |
47 | |
55 | |
60 | |
71 | |
75 | |
80 | |
87 | |
94 | |
99 | |
115 | |
131 | |
134 | |
137 | |
140 | |
143 | |
146 | |
149 | |
152 | |
155 | |
161 | |
167 | |
189 | |
203 |
Dear Investor:
Index | 06/30/21 YTD U.S. Dollar Total Return (price and dividend) | |
S&P 500® | +15.3% | |
Russell 1000® Growth | +13.0% | |
Russell 1000® Value | +17.1% | |
S&P MidCap 400® | +17.6% | |
Russell 2000® | +17.5% | |
MSCI All Country World Ex-USA (Net) | +9.2% | |
MSCI Emerging Market (Net) | +7.5% |
Index | 06/30/21 YTD U.S. Dollar Total Return (price and interest) | |
Bloomberg Barclays U.S. Aggregate | -1.6% | |
Bloomberg Barclays U.S. Treasury | -2.6% | |
Bloomberg Barclays Securitized | -0.8% | |
Bloomberg Barclays Corporate | -1.3% | |
Bloomberg Barclays U.S. Corporate High Yield | +3.6% |
Ohio National Fund, Inc. | ON Bond Portfolio (Unaudited) |
Average Annual returns | |
One year | 4.13% |
Five years | 4.80% |
Ten years | 4.47% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Bond Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Corporate Bonds (4) | 94.2 |
Asset-Backed Securities (4) | 2.6 |
U.S. Treasury Obligations | 1.1 |
Money Market Funds and Other Net Assets | 2.1 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Campbell Soup Co. 4.150%, 03/15/2028 | 1.6 |
2. | Lear Corp. 4.250%, 05/15/2029 | 1.6 |
3. | AbbVie, Inc. 4.250%, 11/21/2049 | 1.3 |
4. | Kinross Gold Corp. 4.500%, 07/15/2027 | 1.2 |
5. | Mosaic Co. / The 4.050%, 11/15/2027 | 1.2 |
6. | Hasbro, Inc. 3.900%, 11/19/2029 | 1.2 |
7. | Keurig Dr Pepper, Inc. 3.430%, 06/15/2027 | 1.1 |
8. | RPM International, Inc. 4.250%, 01/15/2048 | 1.1 |
9. | Comcast Corp. 3.250%, 11/01/2039 | 1.1 |
10. | Boeing Co. / The 3.200%, 03/01/2029 | 1.1 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Corporate Bonds, Asset-Backed Securities): |
% of Net Assets | |
Financials | 25.9 |
Industrials | 11.7 |
Consumer Staples | 10.6 |
Energy | 10.0 |
Materials | 8.2 |
Utilities | 7.9 |
Consumer Discretionary | 7.4 |
Communication Services | 6.6 |
Health Care | 3.8 |
Real Estate | 3.3 |
Information Technology | 1.4 |
96.8 |
Ohio National Fund, Inc. | ON Bond Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds–94.2% | Rate | Maturity | Face Amount | Value | |
Communication Services–6.6% | |||||
AT&T, Inc. (Diversified Telecom. Svs.) | 4.900% | 08/15/2037 | $1,000,000 | $ 1,232,185 | |
Charter Communications Operating LLC / Charter Communications Operating Capital (Media) | 3.700% | 04/01/2051 | 2,800,000 | 2,769,387 | |
Comcast Corp. (Media) | 3.250% | 11/01/2039 | 3,000,000 | 3,190,910 | |
Lamar Media Corp. (Media) | 4.875% | 01/15/2029 | 1,200,000 | 1,266,000 | |
Rogers Communications, Inc. (Wireless Telecom. Svs.) | 3.700% | 11/15/2049 | 2,100,000 | 2,235,537 | |
Time Warner Cable LLC (Media) | 6.550% | 05/01/2037 | 850,000 | 1,157,896 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.875% | 04/15/2030 | 1,800,000 | 2,012,076 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.500% | 08/10/2033 | 1,000,000 | 1,194,968 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.400% | 11/01/2034 | 1,500,000 | 1,786,811 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 2.875% | 11/20/2050 | 1,000,000 | 949,917 | |
Walt Disney Co. / The (Entertainment) | 3.600% | 01/13/2051 | 1,000,000 | 1,133,507 | |
18,929,194 | |||||
Consumer Discretionary–7.4% | |||||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | 3.875% | 08/22/2037 | 1,000,000 | 1,192,451 | |
Aptiv PLC (Auto Components) | 4.350% | 03/15/2029 | 1,000,000 | 1,151,654 | |
Best Buy Co., Inc. (Specialty Retail) | 1.950% | 10/01/2030 | 3,000,000 | 2,909,830 | |
Expedia Group, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 08/01/2027 | 1,000,000 | 1,130,145 | |
Hasbro, Inc. (Leisure Products) | 3.900% | 11/19/2029 | 3,000,000 | 3,335,641 | |
Home Depot, Inc. / The (Specialty Retail) | 2.375% | 03/15/2051 | 2,000,000 | 1,849,832 | |
Lear Corp. (Auto Components) | 4.250% | 05/15/2029 | 4,000,000 | 4,502,480 | |
Lowe's Cos., Inc. (Specialty Retail) | 3.000% | 10/15/2050 | 2,000,000 | 1,971,855 | |
M.D.C. Holdings, Inc. (Household Durables) | 3.850% | 01/15/2030 | 2,000,000 | 2,141,000 | |
Magna International, Inc. (Auto Components) | 3.625% | 06/15/2024 | 1,000,000 | 1,077,967 | |
21,262,855 | |||||
Consumer Staples–10.6% | |||||
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.700% | 02/01/2036 | 2,000,000 | 2,454,687 | |
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.900% | 02/01/2046 | 1,000,000 | 1,265,750 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.600% | 04/15/2048 | 2,000,000 | 2,441,687 | |
B.A.T. Capital Corp. (Tobacco) | 3.215% | 09/06/2026 | 1,000,000 | 1,060,915 | |
B.A.T. Capital Corp. (Tobacco) | 4.700% | 04/02/2027 | 2,000,000 | 2,260,006 | |
Campbell Soup Co. (Food Products) | 4.150% | 03/15/2028 | 4,000,000 | 4,558,270 | |
Coca-Cola Co. / The (Beverages) | 3.000% | 03/05/2051 | 1,000,000 | 1,040,865 | |
Coca-Cola Co. / The (Beverages) | 2.500% | 03/15/2051 | 1,000,000 | 941,659 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 1.750% | 04/20/2032 | 1,200,000 | 1,181,777 | |
Hershey Co. / The (Food Products) | 1.700% | 06/01/2030 | 1,800,000 | 1,787,946 | |
Keurig Dr Pepper, Inc. (Beverages) | 3.430% | 06/15/2027 | 3,000,000 | 3,307,074 | |
Kimberly-Clark Corp. (Household Products) | 1.050% | 09/15/2027 | 2,000,000 | 1,955,833 | |
Kraft Heinz Foods Co. (Food Products) | 4.625% | 10/01/2039 | 1,200,000 | 1,397,599 | |
Philip Morris International, Inc. (Tobacco) | 3.375% | 08/15/2029 | 2,500,000 | 2,764,148 | |
Smithfield Foods, Inc. (Food Products) | (a) | 3.000% | 10/15/2030 | 2,000,000 | 2,016,453 |
30,434,669 | |||||
Energy–10.0% | |||||
Baker Hughes, a GE Co. LLC / Baker Hughes Co-Obligor, Inc. (Energy Equip. & Svs.) | 4.080% | 12/15/2047 | 2,000,000 | 2,284,622 | |
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 3.017% | 01/16/2027 | 1,000,000 | 1,079,098 | |
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 1.749% | 08/10/2030 | 1,400,000 | 1,366,020 | |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 2.895% | 03/03/2024 | 900,000 | 952,697 | |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 2.236% | 05/11/2030 | 1,800,000 | 1,854,870 | |
ConocoPhillips (Oil, Gas & Consumable Fuels) | (a) | 3.750% | 10/01/2027 | 2,000,000 | 2,247,300 |
ConocoPhillips (Oil, Gas & Consumable Fuels) | (a) | 2.400% | 02/15/2031 | 1,800,000 | 1,842,371 |
Energy Transfer LP (Oil, Gas & Consumable Fuels) | 4.950% | 06/15/2028 | 2,000,000 | 2,310,757 | |
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 4.114% | 03/01/2046 | 900,000 | 1,061,694 | |
Halliburton Co. (Energy Equip. & Svs.) | 4.850% | 11/15/2035 | 900,000 | 1,059,317 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 5.300% | 12/01/2034 | 1,000,000 | 1,235,168 | |
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 3.850% | 06/01/2025 | 850,000 | 925,718 | |
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.750% | 09/15/2044 | 1,000,000 | 1,181,536 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 5.850% | 01/15/2026 | 1,200,000 | 1,418,714 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 6.000% | 06/15/2035 | 1,000,000 | 1,256,822 | |
Sabine Pass Liquefaction LLC (Oil, Gas & Consumable Fuels) | 4.500% | 05/15/2030 | 600,000 | 692,431 | |
Shell International Finance B.V. (Oil, Gas & Consumable Fuels) | 4.000% | 05/10/2046 | 1,000,000 | 1,169,320 | |
Tennessee Gas Pipeline Co. LLC (Oil, Gas & Consumable Fuels) | (a) | 2.900% | 03/01/2030 | 1,000,000 | 1,037,471 |
Texas Eastern Transmission LP (Oil, Gas & Consumable Fuels) | (a) | 4.150% | 01/15/2048 | 1,000,000 | 1,115,387 |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 3.750% | 06/15/2027 | 1,000,000 | 1,110,962 | |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.400% | 03/04/2044 | 1,000,000 | 1,263,723 | |
28,465,998 |
Ohio National Fund, Inc. | ON Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Financials–25.9% | |||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Diversified Financial Svs.) | 3.300% | 01/23/2023 | $2,000,000 | $ 2,074,307 | |
American Express Co. (Consumer Finance) | QL + 75 | 08/03/2023 | 1,000,000 | 1,012,843 | |
American International Group, Inc. (Insurance) | 3.875% | 01/15/2035 | 2,500,000 | 2,827,265 | |
Bank of America Corp. (Banks) | 3.875% | 08/01/2025 | 1,000,000 | 1,111,055 | |
Bank of America Corp. (Rate is fixed until 01/23/2025, at which point, the rate becomes QL + 81) (Banks) | (b) | 3.366% | 01/23/2026 | 2,000,000 | 2,156,390 |
Bank of America Corp. (Rate is fixed until 04/24/2037, at which point, the rate becomes QL + 181) (Banks) | (b) | 4.244% | 04/24/2038 | 1,000,000 | 1,188,201 |
Bank of Montreal (Rate is fixed until 12/15/2027, at which point, the rate becomes USSW5 + 143) (Banks) | (b) | 3.803% | 12/15/2032 | 2,800,000 | 3,086,970 |
Berkshire Hathaway, Inc. (Diversified Financial Svs.) | 3.125% | 03/15/2026 | 900,000 | 983,823 | |
BlackRock, Inc. (Capital Markets) | 2.400% | 04/30/2030 | 1,000,000 | 1,046,849 | |
Capital One Bank U.S.A. N.A. (Rate is fixed until 01/28/2025, at which point, the rate becomes SOFR + 91) (Consumer Finance) | (b) | 2.280% | 01/28/2026 | 1,500,000 | 1,555,475 |
Citigroup, Inc. (Banks) | 4.400% | 06/10/2025 | 2,000,000 | 2,233,639 | |
Citigroup, Inc. (Banks) | 3.700% | 01/12/2026 | 1,000,000 | 1,105,863 | |
Citigroup, Inc. (Banks) | 4.450% | 09/29/2027 | 2,000,000 | 2,284,992 | |
Discover Bank (Rate is fixed until 08/09/2023, at which point, the rate becomes USSW5 + 173) (Banks) | (b) | 4.682% | 08/09/2028 | 2,000,000 | 2,124,300 |
E*TRADE Financial Corp. (Capital Markets) | 2.950% | 08/24/2022 | 1,800,000 | 1,848,742 | |
Ford Motor Credit Co. LLC (Consumer Finance) | QL + 88 | 10/12/2021 | 2,000,000 | 1,997,447 | |
General Motors Financial Co., Inc. (Consumer Finance) | QL + 99 | 01/05/2023 | 2,000,000 | 2,018,292 | |
Goldman Sachs Group, Inc. / The (Capital Markets) | 3.750% | 05/22/2025 | 2,000,000 | 2,187,891 | |
Goldman Sachs Group, Inc. / The (Rate is fixed until 04/23/2028, at which point, the rate becomes QL + 116) (Capital Markets) | (b) | 3.814% | 04/23/2029 | 2,000,000 | 2,236,769 |
Intercontinental Exchange, Inc. (Capital Markets) | 3.750% | 12/01/2025 | 1,000,000 | 1,108,876 | |
Jefferies Group LLC / Jefferies Group Capital Finance, Inc. (Diversified Financial Svs.) | 4.850% | 01/15/2027 | 1,800,000 | 2,093,718 | |
JPMorgan Chase & Co. (Banks) | 3.625% | 12/01/2027 | 2,000,000 | 2,197,690 | |
JPMorgan Chase & Co. (Rate is fixed until 05/13/2030, at which point, the rate becomes SOFR + 252) (Banks) | (b) | 2.956% | 05/13/2031 | 2,000,000 | 2,101,013 |
Marsh & McLennan Cos., Inc. (Insurance) | 3.500% | 06/03/2024 | 1,400,000 | 1,504,439 | |
Morgan Stanley (Capital Markets) | QL + 140 | 10/24/2023 | 1,260,000 | 1,280,481 | |
Morgan Stanley (Capital Markets) | 3.950% | 04/23/2027 | 1,000,000 | 1,117,368 | |
Morgan Stanley (Rate is fixed until 01/23/2029, at which point, the rate becomes QL + 163) (Capital Markets) | (b) | 4.431% | 01/23/2030 | 2,000,000 | 2,341,781 |
Nasdaq, Inc. (Capital Markets) | 3.850% | 06/30/2026 | 2,000,000 | 2,225,338 | |
PNC Bank N.A. (Banks) | 2.700% | 10/22/2029 | 2,500,000 | 2,647,169 | |
S&P Global, Inc. (Capital Markets) | 1.250% | 08/15/2030 | 600,000 | 567,908 | |
State Street Corp. (Capital Markets) | 2.200% | 03/03/2031 | 2,000,000 | 2,016,067 | |
Synchrony Financial (Consumer Finance) | 4.250% | 08/15/2024 | 1,000,000 | 1,092,729 | |
Synchrony Financial (Consumer Finance) | 5.150% | 03/19/2029 | 2,000,000 | 2,367,292 | |
TD Ameritrade Holding Corp. (Capital Markets) | 3.300% | 04/01/2027 | 2,000,000 | 2,193,749 | |
Truist Bank (Banks) | 3.625% | 09/16/2025 | 1,000,000 | 1,100,245 | |
U.S. Bancorp (Banks) | 1.375% | 07/22/2030 | 2,000,000 | 1,927,535 | |
Wells Fargo & Co. (Banks) | 3.000% | 04/22/2026 | 1,000,000 | 1,075,258 | |
Wells Fargo & Co. (Rate is fixed until 10/30/2029, at which point, the rate becomes SOFR + 143) (Banks) | (b) | 2.879% | 10/30/2030 | 2,000,000 | 2,117,935 |
Wells Fargo & Co. (Rate is fixed until 04/30/2040, at which point, the rate becomes SOFR + 253) (Banks) | (b) | 3.068% | 04/30/2041 | 1,200,000 | 1,230,820 |
Wells Fargo & Co. (Banks) | 4.650% | 11/04/2044 | 1,000,000 | 1,232,042 | |
Westpac Banking Corp. (Rate is fixed until 02/04/2025, at which point, the rate becomes H15T5Y + 135) (Banks) | (b) | 2.894% | 02/04/2030 | 1,500,000 | 1,555,755 |
Westpac Banking Corp. (Rate is fixed until 11/23/2026, at which point, the rate becomes USISDA05 + 224) (Banks) | (b) | 4.322% | 11/23/2031 | 1,800,000 | 1,997,486 |
74,173,807 | |||||
Health Care–3.8% | |||||
AbbVie, Inc. (Biotechnology) | 3.200% | 11/21/2029 | 1,000,000 | 1,086,044 | |
AbbVie, Inc. (Biotechnology) | 4.250% | 11/21/2049 | 3,000,000 | 3,595,543 | |
HCA, Inc. (Health Care Providers & Svs.) | 5.250% | 06/15/2026 | 1,000,000 | 1,157,560 | |
Quest Diagnostics, Inc. (Health Care Providers & Svs.) | 2.950% | 06/30/2030 | 2,000,000 | 2,122,092 | |
Quest Diagnostics, Inc. (Health Care Providers & Svs.) | 2.800% | 06/30/2031 | 1,200,000 | 1,252,597 | |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | 1.750% | 09/15/2030 | 1,800,000 | 1,705,524 | |
10,919,360 | |||||
Industrials–9.1% | |||||
Air Lease Corp. (Trading Companies & Distributors) | 2.250% | 01/15/2023 | 2,000,000 | 2,053,158 | |
Air Lease Corp. (Trading Companies & Distributors) | 2.300% | 02/01/2025 | 2,000,000 | 2,067,564 | |
BAE Systems PLC (Aerospace & Defense) | (a) | 1.900% | 02/15/2031 | 2,000,000 | 1,927,470 |
Boeing Co. / The (Aerospace & Defense) | 3.200% | 03/01/2029 | 3,000,000 | 3,148,495 |
Ohio National Fund, Inc. | ON Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Industrials (continued) | |||||
Burlington Northern Santa Fe LLC (Road & Rail) | 4.550% | 09/01/2044 | $ 900,000 | $ 1,149,883 | |
Canadian Pacific Railway Co. (Road & Rail) | 2.050% | 03/05/2030 | 1,300,000 | 1,293,873 | |
FedEx Corp. (Air Freight & Logistics) | 4.900% | 01/15/2034 | 2,000,000 | 2,495,944 | |
Lockheed Martin Corp. (Aerospace & Defense) | 1.850% | 06/15/2030 | 1,200,000 | 1,203,902 | |
Lockheed Martin Corp. (Aerospace & Defense) | 3.600% | 03/01/2035 | 1,000,000 | 1,144,599 | |
Northrop Grumman Corp. (Aerospace & Defense) | 2.930% | 01/15/2025 | 2,500,000 | 2,665,212 | |
Parker-Hannifin Corp. (Machinery) | 4.200% | 11/21/2034 | 1,400,000 | 1,645,947 | |
Union Pacific Corp. (Road & Rail) | 3.250% | 08/15/2025 | 1,000,000 | 1,083,145 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 5.250% | 01/15/2030 | 2,000,000 | 2,190,780 | |
Waste Connections, Inc. (Commercial Svs. & Supplies) | 4.250% | 12/01/2028 | 1,800,000 | 2,081,345 | |
26,151,317 | |||||
Information Technology–1.4% | |||||
Broadcom, Inc. (Semiconductors & Equip.) | (a) | 2.600% | 02/15/2033 | 2,000,000 | 1,955,737 |
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 4.900% | 10/15/2025 | 850,000 | 967,648 | |
Seagate HDD Cayman (Tech. Hardware, Storage & Periph.) | 4.875% | 03/01/2024 | 900,000 | 969,714 | |
3,893,099 | |||||
Materials–8.2% | |||||
Anglo American Capital PLC (Metals & Mining) | (a) | 4.750% | 04/10/2027 | 1,000,000 | 1,149,434 |
Anglo American Capital PLC (Metals & Mining) | (a) | 4.000% | 09/11/2027 | 900,000 | 997,807 |
Dow Chemical Co. / The (Chemicals) | 4.250% | 10/01/2034 | 2,000,000 | 2,311,849 | |
Glencore Funding LLC (Metals & Mining) | (a) | 2.850% | 04/27/2031 | 2,000,000 | 2,033,870 |
Kinross Gold Corp. (Metals & Mining) | 4.500% | 07/15/2027 | 3,000,000 | 3,426,366 | |
Mosaic Co. / The (Chemicals) | 4.050% | 11/15/2027 | 3,000,000 | 3,363,516 | |
Nutrien Ltd. (Chemicals) | 4.200% | 04/01/2029 | 1,900,000 | 2,185,257 | |
RPM International, Inc. (Chemicals) | 4.250% | 01/15/2048 | 3,000,000 | 3,273,113 | |
Steel Dynamics, Inc. (Metals & Mining) | 3.250% | 01/15/2031 | 1,200,000 | 1,287,553 | |
Syngenta Finance N.V. (Chemicals) | (a) | 5.182% | 04/24/2028 | 1,000,000 | 1,142,798 |
Yamana Gold, Inc. (Metals & Mining) | 4.625% | 12/15/2027 | 2,000,000 | 2,201,958 | |
23,373,521 | |||||
Real Estate–3.3% | |||||
Alexandria Real Estate Equities, Inc. (Equity REIT) | 3.950% | 01/15/2028 | 1,000,000 | 1,129,300 | |
Federal Realty Investment Trust (Equity REIT) | 3.250% | 07/15/2027 | 2,000,000 | 2,154,149 | |
Healthcare Realty Trust, Inc. (Equity REIT) | 3.875% | 05/01/2025 | 1,400,000 | 1,516,215 | |
Healthcare Realty Trust, Inc. (Equity REIT) | 3.625% | 01/15/2028 | 1,000,000 | 1,095,732 | |
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (a) | 4.625% | 12/01/2029 | 1,300,000 | 1,381,250 |
Welltower, Inc. (Equity REIT) | 4.250% | 04/01/2026 | 1,000,000 | 1,127,820 | |
Welltower, Inc. (Equity REIT) | 2.700% | 02/15/2027 | 1,000,000 | 1,061,179 | |
9,465,645 | |||||
Utilities–7.9% | |||||
AEP Transmission Co. LLC (Electric Utilities) | 4.000% | 12/01/2046 | 1,000,000 | 1,177,107 | |
AEP Transmission Co. LLC (Electric Utilities) | 3.750% | 12/01/2047 | 1,351,000 | 1,533,911 | |
Ameren Corp. (Multi-Utilities) | 3.500% | 01/15/2031 | 2,000,000 | 2,189,861 | |
American Water Capital Corp. (Water Utilities) | 4.300% | 12/01/2042 | 1,400,000 | 1,724,077 | |
Berkshire Hathaway Energy Co. (Multi-Utilities) | 3.250% | 04/15/2028 | 1,900,000 | 2,088,431 | |
Commonwealth Edison Co. (Electric Utilities) | 4.350% | 11/15/2045 | 2,000,000 | 2,487,586 | |
Connecticut Light & Power Co. / The (Electric Utilities) | 4.000% | 04/01/2048 | 1,000,000 | 1,209,740 | |
Duke Energy Corp. (Electric Utilities) | 3.750% | 09/01/2046 | 1,000,000 | 1,068,077 | |
Eversource Energy (Electric Utilities) | 3.300% | 01/15/2028 | 1,000,000 | 1,095,275 | |
FirstEnergy Transmission LLC (Electric Utilities) | (a) | 4.550% | 04/01/2049 | 1,800,000 | 2,111,153 |
Florida Power & Light Co. (Electric Utilities) | 3.150% | 10/01/2049 | 2,000,000 | 2,173,341 | |
Jersey Central Power & Light Co. (Electric Utilities) | (a) | 4.300% | 01/15/2026 | 900,000 | 996,089 |
Public Service Electric & Gas Co. (Multi-Utilities) | 3.600% | 12/01/2047 | 1,500,000 | 1,704,301 | |
Southwest Gas Corp. (Gas Utilities) | 3.875% | 04/01/2022 | 1,000,000 | 1,017,104 | |
22,576,053 | |||||
Total Corporate Bonds (Cost $247,490,603) | $269,645,518 |
Asset-Backed Securities–2.6% | Rate | Maturity | Face Amount | Value | |
Industrials–2.6% | |||||
Air Canada 2017-1 Class B Pass Through Trust | (a) | 3.700% | 01/15/2026 | $1,888,227 | $ 1,840,784 |
American Airlines 2015-1 Class B Pass Through Trust | 3.700% | 05/01/2023 | 473,433 | 463,800 | |
FedEx Corp. 2020-1 Class AA Pass Through Trust | 1.875% | 02/20/2034 | 2,919,791 | 2,897,148 | |
United Airlines 2016-1 Class B Pass Through Trust | 3.650% | 01/07/2026 | 1,337,500 | 1,328,035 | |
United Airlines 2019-2 Class AA Pass Through Trust | 2.700% | 05/01/2032 | 961,105 | 963,248 | |
Total Asset-Backed Securities (Cost $7,580,180) | $ 7,493,015 |
Ohio National Fund, Inc. | ON Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
U.S. Treasury Obligations–1.1% | Rate | Maturity | Face Amount | Value | |
U.S. Treasury Note | 1.625% | 05/15/2031 | $3,000,000 | $ 3,045,938 | |
Total U.S. Treasury Obligations (Cost $3,002,443) | $ 3,045,938 |
Money Market Funds–1.4% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (c) | 4,025,002 | $ 4,026,209 |
Total Money Market Funds (Cost $4,026,209) | $ 4,026,209 | ||
Total Investments – 99.3% (Cost $262,099,435) | (d) | $284,210,680 | |
Other Assets in Excess of Liabilities – 0.7% | 1,920,924 | ||
Net Assets – 100.0% | $286,131,604 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 0.870% at 06/30/2021 | |
QL: | Quarterly U.S. LIBOR Rate, 0.146% at 06/30/2021 | |
SOFR: | Secured Overnight Financing Rate, 0.050% at 06/30/2021 | |
USISDA05: | USD ICE Swap Rate 11:00am NY 5 Year, 0.947% at 06/30/2021 | |
USSW5: | USD Swap Semi 30/360 5 Year, 0.965% at 06/30/2021 |
Footnotes: | ||
(a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified buyers under Rule 144A. At June 30, 2021, the value of these securities totaled $23,795,374, or 8.3% of the Portfolio’s net assets. | |
(b) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates stated, including interest rate caps and floors, if any, are those in effect at June 30, 2021. | |
(c) | Rate represents the seven-day yield at June 30, 2021. | |
(d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Unaudited) |
Average Annual returns | |
One year | 27.72% |
Five years | 12.97% |
Ten years | 11.18% |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Unaudited) (Continued) |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 69.5 |
Corporate Bonds (4) | 27.4 |
U.S. Treasury Obligations | 0.9 |
Asset-Backed Securities (4) | 0.6 |
Money Market Funds and Other Net Assets | 1.6 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Apple, Inc. | 4.2 |
2. | Microsoft Corp. | 3.1 |
3. | Alphabet, Inc. Class A | 2.2 |
4. | Amazon.com, Inc. | 2.1 |
5. | Johnson & Johnson | 1.6 |
6. | Alphabet, Inc. Class C | 1.4 |
7. | Adobe, Inc. | 1.3 |
8. | Facebook, Inc. Class A | 1.2 |
9. | Visa, Inc. | 1.1 |
10. | Costco Wholesale Corp. | 1.1 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks, Corporate Bonds, Asset-Backed Securities): |
% of Net Assets | |
Information Technology | 20.6 |
Financials | 15.2 |
Health Care | 10.5 |
Consumer Discretionary | 10.2 |
Communication Services | 9.8 |
Industrials | 8.9 |
Consumer Staples | 6.9 |
Energy | 5.0 |
Utilities | 4.7 |
Materials | 3.3 |
Real Estate | 2.4 |
97.5 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–69.5% | Shares | Value | |
Communication Services–7.5% | |||
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 4,880 | $ 11,915,935 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 2,985 | 7,481,365 |
AT&T, Inc. (Diversified Telecom. Svs.) | 80,110 | 2,305,566 | |
Comcast Corp. Class A (Media) | 53,240 | 3,035,745 | |
Discovery, Inc. Class A (Media) | (a) | 24,440 | 749,819 |
Discovery, Inc. Class C (Media) | (a) | 3,400 | 98,532 |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 18,880 | 6,564,765 |
Live Nation Entertainment, Inc. (Entertainment) | (a) | 11,598 | 1,015,869 |
Roku, Inc. (Entertainment) | (a) | 311 | 142,827 |
Sirius XM Holdings, Inc. (Media) | 180,162 | 1,178,259 | |
Spotify Technology SA (Entertainment) | (a) | 2,583 | 711,849 |
Twitter, Inc. (Interactive Media & Svs.) | (a) | 12,620 | 868,382 |
United States Cellular Corp. (Wireless Telecom. Svs.) | (a) | 5,319 | 193,133 |
Vimeo, Inc. (Interactive Media & Svs.) | (a) | 2,384 | 116,816 |
Walt Disney Co. / The (Entertainment) | (a) | 22,122 | 3,888,384 |
Zynga, Inc. Class A (Entertainment) | (a) | 75,032 | 797,590 |
41,064,836 | |||
Consumer Discretionary–8.2% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 3,320 | 11,421,331 |
Aramark (Hotels, Restaurants & Leisure) | 9,028 | 336,293 | |
Booking Holdings, Inc. (Internet & Direct Marketing Retail) | (a) | 94 | 205,681 |
BorgWarner, Inc. (Auto Components) | 88,689 | 4,304,964 | |
Bright Horizons Family Solutions, Inc. (Diversified Consumer Svs.) | (a) | 522 | 76,791 |
Genuine Parts Co. (Distributors) | 19,541 | 2,471,350 | |
Home Depot, Inc. / The (Specialty Retail) | 10,751 | 3,428,386 | |
International Game Technology PLC (Hotels, Restaurants & Leisure) | (a) | 20,842 | 499,374 |
iRobot Corp. (Household Durables) | (a) | 995 | 92,923 |
Levi Strauss & Co. Class A (Textiles, Apparel & Luxury Goods) | 4,923 | 136,466 | |
Lowe's Cos., Inc. (Specialty Retail) | 9,274 | 1,798,878 | |
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | (a) | 699 | 111,351 |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 13,904 | 3,211,685 | |
NIKE, Inc. Class B (Textiles, Apparel & Luxury Goods) | 8,226 | 1,270,835 | |
Shake Shack, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 5,455 | 583,794 |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 33,005 | 1,428,456 |
Target Corp. (Multiline Retail) | 17,463 | 4,221,506 | |
Terminix Global Holdings, Inc. (Diversified Consumer Svs.) | (a) | 24,131 | 1,151,290 |
Tesla, Inc. (Automobiles) | (a) | 6,994 | 4,753,822 |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 13,794 | 997,168 | |
Wynn Resorts Ltd. (Hotels, Restaurants & Leisure) | (a) | 18,836 | 2,303,643 |
44,805,987 | |||
Consumer Staples–3.9% | |||
Bunge Ltd. (Food Products) | 3,344 | 261,334 | |
Coca-Cola Co. / The (Beverages) | 5,029 | 272,119 | |
Colgate-Palmolive Co. (Household Products) | 25,570 | 2,080,120 | |
Conagra Brands, Inc. (Food Products) | 1,875 | 68,213 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 15,196 | 6,012,601 | |
Estee Lauder Cos., Inc. / The Class A (Personal Products) | 7,100 | 2,258,368 | |
Hershey Co. / The (Food Products) | 13,602 | 2,369,196 | |
Kellogg Co. (Food Products) | 14,458 | 930,083 | |
PepsiCo, Inc. (Beverages) | 27,014 | 4,002,664 | |
Procter & Gamble Co. / The (Household Products) | 20,951 | 2,826,918 | |
21,081,616 | |||
Energy–2.3% | |||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 13,410 | 139,330 | |
ChampionX Corp. (Energy Equip. & Svs.) | (a) | 5,098 | 130,764 |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 27,598 | 2,890,615 | |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 6,229 | 181,824 | |
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 14,827 | 1,237,165 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 25,142 | 2,195,399 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 104,891 | 1,912,163 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 25,886 | 2,221,537 | |
Schlumberger N.V. (Energy Equip. & Svs.) | 58,131 | 1,860,773 | |
12,769,570 | |||
Financials–8.2% | |||
Ally Financial, Inc. (Consumer Finance) | 76,954 | 3,835,387 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
American Express Co. (Consumer Finance) | 27,477 | $ 4,540,025 | |
Bank of Hawaii Corp. (Banks) | 1,150 | 96,853 | |
Berkshire Hathaway, Inc. Class B (Diversified Financial Svs.) | (a) | 7,566 | 2,102,743 |
Charles Schwab Corp. / The (Capital Markets) | 24,261 | 1,766,443 | |
Citigroup, Inc. (Banks) | 31,157 | 2,204,358 | |
CME Group, Inc. (Capital Markets) | 8,419 | 1,790,553 | |
First Republic Bank (Banks) | 1,697 | 317,628 | |
JPMorgan Chase & Co. (Banks) | 19,452 | 3,025,564 | |
Marsh & McLennan Cos., Inc. (Insurance) | 27,005 | 3,799,063 | |
MetLife, Inc. (Insurance) | 77,675 | 4,648,849 | |
Morgan Stanley (Capital Markets) | 63,579 | 5,829,559 | |
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 94,263 | 1,038,778 | |
Progressive Corp. / The (Insurance) | 18,606 | 1,827,295 | |
Signature Bank (Banks) | 1,702 | 418,096 | |
Stifel Financial Corp. (Capital Markets) | 3,314 | 214,946 | |
Travelers Cos., Inc. / The (Insurance) | 12,288 | 1,839,637 | |
Truist Financial Corp. (Banks) | 32,067 | 1,779,719 | |
Voya Financial, Inc. (Diversified Financial Svs.) | 38,472 | 2,366,028 | |
Wells Fargo & Co. (Banks) | 27,743 | 1,256,480 | |
Willis Towers Watson PLC (Insurance) | 1,355 | 311,677 | |
45,009,681 | |||
Health Care–8.7% | |||
AbbVie, Inc. (Biotechnology) | 992 | 111,739 | |
Agilent Technologies, Inc. (Life Sciences Tools & Svs.) | 5,169 | 764,030 | |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 3,258 | 1,990,638 |
AmerisourceBergen Corp. (Health Care Providers & Svs.) | 2,608 | 298,590 | |
Anthem, Inc. (Health Care Providers & Svs.) | 1,816 | 693,349 | |
BioMarin Pharmaceutical, Inc. (Biotechnology) | (a) | 10,408 | 868,443 |
Bio-Rad Laboratories, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 103 | 66,362 |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 58,251 | 3,892,332 | |
Bruker Corp. (Life Sciences Tools & Svs.) | 6,291 | 477,990 | |
Cerner Corp. (Health Care Technology) | 21,392 | 1,671,999 | |
Cigna Corp. (Health Care Providers & Svs.) | 1,378 | 326,682 | |
Danaher Corp. (Health Care Equip. & Supplies) | 17,055 | 4,576,880 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 9,529 | 4,068,883 |
Envista Holdings Corp. (Health Care Equip. & Supplies) | (a) | 3,417 | 147,648 |
Gilead Sciences, Inc. (Biotechnology) | 75,575 | 5,204,094 | |
Hill-Rom Holdings, Inc. (Health Care Equip. & Supplies) | 3,045 | 345,881 | |
Hologic, Inc. (Health Care Equip. & Supplies) | (a) | 2,712 | 180,945 |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 7,502 | 4,737,888 |
Johnson & Johnson (Pharmaceuticals) | 53,028 | 8,735,833 | |
McKesson Corp. (Health Care Providers & Svs.) | 11,492 | 2,197,730 | |
Pfizer, Inc. (Pharmaceuticals) | 29,489 | 1,154,789 | |
PPD, Inc. (Life Sciences Tools & Svs.) | (a) | 8,664 | 399,324 |
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Svs.) | 278 | 140,243 | |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 6,520 | 2,610,869 | |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 9,152 | 1,845,318 |
47,508,479 | |||
Industrials–6.3% | |||
Allegion PLC (Building Products) | 5,264 | 733,275 | |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 6,756 | 632,835 | |
Carrier Global Corp. (Building Products) | 14,779 | 718,259 | |
Caterpillar, Inc. (Machinery) | 10,583 | 2,303,178 | |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 12,812 | 1,689,006 |
Deere & Co. (Machinery) | 4,010 | 1,414,367 | |
Delta Air Lines, Inc. (Airlines) | (a) | 14,669 | 634,581 |
EMCOR Group, Inc. (Construction & Engineering) | 1,655 | 203,879 | |
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 35,336 | 4,473,538 | |
Honeywell International, Inc. (Industrial Conglomerates) | 21,539 | 4,724,580 | |
IAA, Inc. (Commercial Svs. & Supplies) | (a) | 22,201 | 1,210,843 |
IHS Markit Ltd. (Professional Svs.) | 3,914 | 440,951 | |
Landstar System, Inc. (Road & Rail) | 2,881 | 455,256 | |
Lockheed Martin Corp. (Aerospace & Defense) | 9,058 | 3,427,094 | |
Oshkosh Corp. (Machinery) | 49 | 6,107 | |
Otis Worldwide Corp. (Machinery) | 39,785 | 3,253,219 | |
Owens Corning (Building Products) | 1,573 | 153,997 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 3,032 | 1,425,646 | |
Ryder System, Inc. (Road & Rail) | 18,342 | 1,363,361 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
Schneider National, Inc. Class B (Road & Rail) | 12,915 | $ 281,160 | |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 996 | 168,583 |
Southwest Airlines Co. (Airlines) | (a) | 6,782 | 360,056 |
Trane Technologies PLC (Building Products) | 23,135 | 4,260,079 | |
34,333,850 | |||
Information Technology–19.4% | |||
Accenture PLC Class A (IT Svs.) | 13,312 | 3,924,245 | |
Adobe, Inc. (Software) | (a) | 11,961 | ��� 7,004,840 |
Advanced Micro Devices, Inc. (Semiconductors & Equip.) | (a) | 20,619 | 1,936,743 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 170,417 | 23,340,312 | |
Automatic Data Processing, Inc. (IT Svs.) | 13,334 | 2,648,399 | |
Dell Technologies, Inc. Class C (Tech. Hardware, Storage & Periph.) | (a) | 22,287 | 2,221,345 |
Fidelity National Information Services, Inc. (IT Svs.) | 8,868 | 1,256,330 | |
Fiserv, Inc. (IT Svs.) | (a) | 1,836 | 196,250 |
Flex Ltd. (Electronic Equip., Instr. & Comp.) | (a) | 92,097 | 1,645,773 |
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 211,601 | 3,085,143 | |
HP, Inc. (Tech. Hardware, Storage & Periph.) | 25,599 | 772,834 | |
HubSpot, Inc. (Software) | (a) | 1,743 | 1,015,681 |
Intel Corp. (Semiconductors & Equip.) | 88,505 | 4,968,671 | |
Intuit, Inc. (Software) | 11,570 | 5,671,267 | |
Lam Research Corp. (Semiconductors & Equip.) | 1,505 | 979,304 | |
Mastercard, Inc. Class A (IT Svs.) | 8,377 | 3,058,359 | |
Microsoft Corp. (Software) | 63,397 | 17,174,247 | |
NVIDIA Corp. (Semiconductors & Equip.) | 4,149 | 3,319,615 | |
PayPal Holdings, Inc. (IT Svs.) | (a) | 13,942 | 4,063,814 |
PTC, Inc. (Software) | (a) | 4,817 | 680,449 |
QUALCOMM, Inc. (Semiconductors & Equip.) | 39,851 | 5,695,903 | |
salesforce.com, Inc. (Software) | (a) | 360 | 87,937 |
ServiceNow, Inc. (Software) | (a) | 949 | 521,523 |
Silicon Laboratories, Inc. (Semiconductors & Equip.) | (a) | 1,075 | 164,744 |
Splunk, Inc. (Software) | (a) | 2,949 | 426,366 |
UiPath, Inc. Class A (Software) | (a) | 4,647 | 315,671 |
Visa, Inc. (IT Svs.) | 26,634 | 6,227,562 | |
VMware, Inc. Class A (Software) | (a) | 9,237 | 1,477,643 |
Workday, Inc. Class A (Software) | (a) | 7,899 | 1,885,807 |
Xilinx, Inc. (Semiconductors & Equip.) | 2,575 | 372,448 | |
106,139,225 | |||
Materials–1.5% | |||
Crown Holdings, Inc. (Containers & Packaging) | 11,767 | 1,202,705 | |
Ecolab, Inc. (Chemicals) | 6,308 | 1,299,259 | |
Linde PLC (Chemicals) | 1,941 | 561,143 | |
PPG Industries, Inc. (Chemicals) | 21,496 | 3,649,376 | |
Reliance Steel & Aluminum Co. (Metals & Mining) | 9,958 | 1,502,662 | |
Vulcan Materials Co. (Construction Materials) | 243 | 42,299 | |
8,257,444 | |||
Real Estate–1.5% | |||
CBRE Group, Inc. Class A (Real Estate Mgmt. & Development) | (a) | 17,341 | 1,486,644 |
Equinix, Inc. (Equity REIT) | 3,081 | 2,472,811 | |
Prologis, Inc. (Equity REIT) | 36,815 | 4,400,497 | |
8,359,952 | |||
Utilities–2.0% | |||
Atmos Energy Corp. (Gas Utilities) | 2,475 | 237,872 | |
Brookfield Renewable Corp. Class A (Ind. Power & Renewable Elec.) | 7,418 | 311,111 | |
CMS Energy Corp. (Multi-Utilities) | 4,268 | 252,153 | |
Consolidated Edison, Inc. (Multi-Utilities) | 52,583 | 3,771,253 | |
DTE Energy Co. (Multi-Utilities) | 10,361 | 1,342,786 | |
Eversource Energy (Electric Utilities) | 37,218 | 2,986,372 | |
NextEra Energy, Inc. (Electric Utilities) | 12,957 | 949,489 | |
OGE Energy Corp. (Electric Utilities) | 24,960 | 839,904 | |
UGI Corp. (Gas Utilities) | 10,438 | 483,384 | |
11,174,324 | |||
Total Common Stocks (Cost $317,008,969) | $380,504,964 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds–27.4% | Rate | Maturity | Face Amount | Value | |
Communication Services–2.3% | |||||
AT&T, Inc. (Diversified Telecom. Svs.) | 4.900% | 08/15/2037 | $1,000,000 | $ 1,232,185 | |
Charter Communications Operating LLC / Charter Communications Operating Capital (Media) | 3.700% | 04/01/2051 | 1,200,000 | 1,186,880 | |
Comcast Corp. (Media) | 3.250% | 11/01/2039 | 2,000,000 | 2,127,273 | |
Lamar Media Corp. (Media) | 4.875% | 01/15/2029 | 800,000 | 844,000 | |
Rogers Communications, Inc. (Wireless Telecom. Svs.) | 3.700% | 11/15/2049 | 1,400,000 | 1,490,358 | |
Time Warner Cable LLC (Media) | 6.550% | 05/01/2037 | 150,000 | 204,335 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.875% | 04/15/2030 | 1,200,000 | 1,341,384 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.500% | 08/10/2033 | 1,000,000 | 1,194,968 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.400% | 11/01/2034 | 1,000,000 | 1,191,207 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 2.875% | 11/20/2050 | 1,000,000 | 949,917 | |
Walt Disney Co. / The (Entertainment) | 3.600% | 01/13/2051 | 750,000 | 850,131 | |
12,612,638 | |||||
Consumer Discretionary–2.0% | |||||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | 3.875% | 08/22/2037 | 1,000,000 | 1,192,451 | |
Aptiv PLC (Auto Components) | 4.350% | 03/15/2029 | 150,000 | 172,748 | |
Best Buy Co., Inc. (Specialty Retail) | 1.950% | 10/01/2030 | 2,000,000 | 1,939,886 | |
Expedia Group, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 08/01/2027 | 1,000,000 | 1,130,145 | |
Hasbro, Inc. (Leisure Products) | 3.900% | 11/19/2029 | 2,000,000 | 2,223,761 | |
Lear Corp. (Auto Components) | 3.500% | 05/30/2030 | 1,000,000 | 1,074,337 | |
Lowe's Cos., Inc. (Specialty Retail) | 3.000% | 10/15/2050 | 1,000,000 | 985,927 | |
Target Corp. (Multiline Retail) | 2.350% | 02/15/2030 | 2,000,000 | 2,088,969 | |
10,808,224 | |||||
Consumer Staples–3.0% | |||||
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.700% | 02/01/2036 | 2,000,000 | 2,454,687 | |
B.A.T. Capital Corp. (Tobacco) | 3.215% | 09/06/2026 | 1,000,000 | 1,060,915 | |
B.A.T. Capital Corp. (Tobacco) | 4.700% | 04/02/2027 | 1,000,000 | 1,130,003 | |
Campbell Soup Co. (Food Products) | 4.150% | 03/15/2028 | 2,000,000 | 2,279,135 | |
Coca-Cola Co. / The (Beverages) | 3.000% | 03/05/2051 | 2,000,000 | 2,081,731 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 1.750% | 04/20/2032 | 800,000 | 787,851 | |
Diageo Capital PLC (Beverages) | 2.375% | 10/24/2029 | 2,000,000 | 2,070,302 | |
Hershey Co. / The (Food Products) | 1.700% | 06/01/2030 | 1,200,000 | 1,191,964 | |
Keurig Dr Pepper, Inc. (Beverages) | 3.430% | 06/15/2027 | 1,000,000 | 1,102,358 | |
Kraft Heinz Foods Co. (Food Products) | 4.625% | 10/01/2039 | 800,000 | 931,733 | |
Philip Morris International, Inc. (Tobacco) | 3.375% | 08/15/2029 | 1,000,000 | 1,105,659 | |
16,196,338 | |||||
Energy–2.7% | |||||
Baker Hughes, a GE Co. LLC / Baker Hughes Co-Obligor, Inc. (Energy Equip. & Svs.) | 3.337% | 12/15/2027 | 1,000,000 | 1,092,684 | |
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 3.017% | 01/16/2027 | 1,000,000 | 1,079,098 | |
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 1.749% | 08/10/2030 | 600,000 | 585,437 | |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 2.895% | 03/03/2024 | 100,000 | 105,855 | |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 2.236% | 05/11/2030 | 1,200,000 | 1,236,580 | |
ConocoPhillips (Oil, Gas & Consumable Fuels) | (b) | 3.750% | 10/01/2027 | 1,000,000 | 1,123,650 |
ConocoPhillips (Oil, Gas & Consumable Fuels) | (b) | 2.400% | 02/15/2031 | 1,200,000 | 1,228,247 |
Energy Transfer LP (Oil, Gas & Consumable Fuels) | 4.950% | 06/15/2028 | 1,000,000 | 1,155,379 | |
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 4.114% | 03/01/2046 | 100,000 | 117,966 | |
Halliburton Co. (Energy Equip. & Svs.) | 4.850% | 11/15/2035 | 100,000 | 117,702 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 5.300% | 12/01/2034 | 1,000,000 | 1,235,168 | |
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 3.850% | 06/01/2025 | 150,000 | 163,362 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 5.850% | 01/15/2026 | 800,000 | 945,809 | |
Sabine Pass Liquefaction LLC (Oil, Gas & Consumable Fuels) | 4.500% | 05/15/2030 | 400,000 | 461,621 | |
Shell International Finance B.V. (Oil, Gas & Consumable Fuels) | 4.000% | 05/10/2046 | 1,500,000 | 1,753,979 | |
Tennessee Gas Pipeline Co. LLC (Oil, Gas & Consumable Fuels) | (b) | 2.900% | 03/01/2030 | 1,000,000 | 1,037,471 |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 3.750% | 06/15/2027 | 1,000,000 | 1,110,962 | |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5.400% | 03/04/2044 | 100,000 | 126,372 | |
14,677,342 | |||||
Financials–7.0% | |||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Diversified Financial Svs.) | 3.300% | 01/23/2023 | 1,000,000 | 1,037,154 | |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Diversified Financial Svs.) | 4.875% | 01/16/2024 | 1,000,000 | 1,088,640 | |
American International Group, Inc. (Insurance) | 3.875% | 01/15/2035 | 150,000 | 169,636 | |
Bank of America Corp. (Banks) | 3.875% | 08/01/2025 | 1,000,000 | 1,111,055 | |
Bank of Montreal (Rate is fixed until 12/15/2027, at which point, the rate becomes USSW5 + 143) (Banks) | (c) | 3.803% | 12/15/2032 | 200,000 | 220,498 |
Berkshire Hathaway, Inc. (Diversified Financial Svs.) | 3.125% | 03/15/2026 | 100,000 | 109,314 | |
BlackRock, Inc. (Capital Markets) | 2.400% | 04/30/2030 | 500,000 | 523,424 | |
Capital One Bank U.S.A. N.A. (Rate is fixed until 01/28/2025, at which point, the rate becomes SOFR + 91) (Consumer Finance) | (c) | 2.280% | 01/28/2026 | 1,000,000 | 1,036,983 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Financials (continued) | |||||
Citigroup, Inc. (Banks) | 4.125% | 07/25/2028 | $1,000,000 | $ 1,126,542 | |
Citigroup, Inc. (Rate is fixed until 11/05/2029, at which point, the rate becomes SOFR + 142) (Banks) | (c) | 2.976% | 11/05/2030 | 1,000,000 | 1,059,182 |
Citigroup, Inc. (Rate is fixed until 05/01/2031, at which point, the rate becomes SOFR + 117) (Banks) | (c) | 2.561% | 05/01/2032 | 2,000,000 | 2,035,904 |
Discover Bank (Banks) | 2.450% | 09/12/2024 | 1,000,000 | 1,046,277 | |
Discover Bank (Rate is fixed until 08/09/2023, at which point, the rate becomes USSW5 + 173) (Banks) | (c) | 4.682% | 08/09/2028 | 250,000 | 265,537 |
E*TRADE Financial Corp. (Capital Markets) | 2.950% | 08/24/2022 | 200,000 | 205,416 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 3.087% | 01/09/2023 | 2,000,000 | 2,040,000 | |
General Motors Financial Co., Inc. (Consumer Finance) | 2.700% | 06/10/2031 | 3,000,000 | 3,010,785 | |
Goldman Sachs Group, Inc. / The (Capital Markets) | 3.750% | 05/22/2025 | 1,000,000 | 1,093,945 | |
Goldman Sachs Group, Inc. / The (Rate is fixed until 06/05/2027, at which point, the rate becomes QL + 151) (Capital Markets) | (c) | 3.691% | 06/05/2028 | 1,000,000 | 1,104,108 |
Jefferies Group LLC / Jefferies Group Capital Finance, Inc. (Diversified Financial Svs.) | 4.850% | 01/15/2027 | 200,000 | 232,635 | |
JPMorgan Chase & Co. (Banks) | 3.625% | 12/01/2027 | 1,000,000 | 1,098,845 | |
JPMorgan Chase & Co. (Rate is fixed until 05/13/2030, at which point, the rate becomes SOFR + 252) (Banks) | (c) | 2.956% | 05/13/2031 | 1,000,000 | 1,050,507 |
Marsh & McLennan Cos., Inc. (Insurance) | 3.500% | 06/03/2024 | 100,000 | 107,460 | |
Morgan Stanley (Capital Markets) | 3.950% | 04/23/2027 | 1,000,000 | 1,117,368 | |
Morgan Stanley (Rate is fixed until 01/22/2030, at which point, the rate becomes SOFR + 114) (Capital Markets) | (c) | 2.699% | 01/22/2031 | 1,500,000 | 1,570,204 |
Nasdaq, Inc. (Capital Markets) | 3.850% | 06/30/2026 | 1,000,000 | 1,112,669 | |
PNC Bank N.A. (Banks) | 4.050% | 07/26/2028 | 1,950,000 | 2,255,288 | |
S&P Global, Inc. (Capital Markets) | 1.250% | 08/15/2030 | 400,000 | 378,605 | |
State Street Corp. (Capital Markets) | 2.200% | 03/03/2031 | 1,000,000 | 1,008,033 | |
Synchrony Financial (Consumer Finance) | 4.250% | 08/15/2024 | 1,000,000 | 1,092,729 | |
TD Ameritrade Holding Corp. (Capital Markets) | 3.300% | 04/01/2027 | 1,000,000 | 1,096,874 | |
Truist Bank (Rate is fixed until 09/17/2024, at which point, the rate becomes H15T5Y + 115) (Banks) | (c) | 2.636% | 09/17/2029 | 2,500,000 | 2,617,725 |
U.S. Bancorp (Banks) | 1.375% | 07/22/2030 | 1,000,000 | 963,768 | |
Wells Fargo & Co. (Banks) | 3.000% | 04/22/2026 | 1,500,000 | 1,612,886 | |
Wells Fargo & Co. (Rate is fixed until 04/30/2040, at which point, the rate becomes SOFR + 253) (Banks) | (c) | 3.068% | 04/30/2041 | 800,000 | 820,547 |
Westpac Banking Corp. (Rate is fixed until 02/04/2025, at which point, the rate becomes H15T5Y + 135) (Banks) | (c) | 2.894% | 02/04/2030 | 1,500,000 | 1,555,755 |
Westpac Banking Corp. (Rate is fixed until 11/23/2026, at which point, the rate becomes USISDA05 + 224) (Banks) | (c) | 4.322% | 11/23/2031 | 200,000 | 221,943 |
38,198,241 | |||||
Health Care–1.8% | |||||
AbbVie, Inc. (Biotechnology) | 3.200% | 11/21/2029 | 1,000,000 | 1,086,044 | |
AbbVie, Inc. (Biotechnology) | 4.250% | 11/21/2049 | 2,000,000 | 2,397,029 | |
HCA, Inc. (Health Care Providers & Svs.) | 5.250% | 06/15/2026 | 2,000,000 | 2,315,119 | |
Quest Diagnostics, Inc. (Health Care Providers & Svs.) | 2.800% | 06/30/2031 | 800,000 | 835,065 | |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | 1.750% | 09/15/2030 | 1,200,000 | 1,137,016 | |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 3.875% | 12/15/2028 | 2,000,000 | 2,300,075 | |
10,070,348 | |||||
Industrials–2.0% | |||||
Air Lease Corp. (Trading Companies & Distributors) | 2.250% | 01/15/2023 | 1,000,000 | 1,026,579 | |
Air Lease Corp. (Trading Companies & Distributors) | 2.300% | 02/01/2025 | 2,000,000 | 2,067,564 | |
Boeing Co. / The (Aerospace & Defense) | 3.200% | 03/01/2029 | 1,500,000 | 1,574,247 | |
Burlington Northern Santa Fe LLC (Road & Rail) | 4.550% | 09/01/2044 | 100,000 | 127,765 | |
FedEx Corp. (Air Freight & Logistics) | 4.900% | 01/15/2034 | 1,000,000 | 1,247,972 | |
Lockheed Martin Corp. (Aerospace & Defense) | 1.850% | 06/15/2030 | 800,000 | 802,602 | |
Lockheed Martin Corp. (Aerospace & Defense) | 3.600% | 03/01/2035 | 100,000 | 114,460 | |
Northrop Grumman Corp. (Aerospace & Defense) | 2.930% | 01/15/2025 | 100,000 | 106,608 | |
Parker-Hannifin Corp. (Machinery) | 4.200% | 11/21/2034 | 100,000 | 117,568 | |
Union Pacific Corp. (Road & Rail) | 3.250% | 08/15/2025 | 100,000 | 108,314 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 4.875% | 01/15/2028 | 1,000,000 | 1,060,500 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 5.250% | 01/15/2030 | 100,000 | 109,539 | |
Waste Connections, Inc. (Commercial Svs. & Supplies) | 4.250% | 12/01/2028 | 200,000 | 231,261 | |
Waste Connections, Inc. (Commercial Svs. & Supplies) | 2.600% | 02/01/2030 | 2,000,000 | 2,066,458 | |
10,761,437 | |||||
Information Technology–1.2% | |||||
Broadcom, Inc. (Semiconductors & Equip.) | (b) | 2.600% | 02/15/2033 | 1,000,000 | 977,869 |
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 4.900% | 10/15/2025 | 150,000 | 170,761 | |
HP, Inc. (Tech. Hardware, Storage & Periph.) | (b) | 2.650% | 06/17/2031 | 3,000,000 | 2,994,680 |
Oracle Corp. (Software) | 4.300% | 07/08/2034 | 2,100,000 | 2,434,481 | |
Seagate HDD Cayman (Tech. Hardware, Storage & Periph.) | 4.875% | 03/01/2024 | 100,000 | 107,746 | |
6,685,537 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Materials–1.8% | |||||
Anglo American Capital PLC (Metals & Mining) | (b) | 4.000% | 09/11/2027 | $ 100,000 | $ 110,867 |
Dow Chemical Co. / The (Chemicals) | 4.250% | 10/01/2034 | 2,000,000 | 2,311,849 | |
Glencore Funding LLC (Metals & Mining) | (b) | 2.850% | 04/27/2031 | 3,000,000 | 3,050,805 |
Kinross Gold Corp. (Metals & Mining) | 4.500% | 07/15/2027 | 1,000,000 | 1,142,122 | |
Mosaic Co. / The (Chemicals) | 4.050% | 11/15/2027 | 1,000,000 | 1,121,172 | |
Nutrien Ltd. (Chemicals) | 4.200% | 04/01/2029 | 100,000 | 115,014 | |
Steel Dynamics, Inc. (Metals & Mining) | 3.250% | 01/15/2031 | 800,000 | 858,369 | |
Yamana Gold, Inc. (Metals & Mining) | 4.625% | 12/15/2027 | 1,000,000 | 1,100,979 | |
9,811,177 | |||||
Real Estate–0.9% | |||||
Alexandria Real Estate Equities, Inc. (Equity REIT) | 3.950% | 01/15/2028 | 1,000,000 | 1,129,300 | |
American Tower Corp. (Equity REIT) | 2.750% | 01/15/2027 | 2,000,000 | 2,115,774 | |
Healthcare Realty Trust, Inc. (Equity REIT) | 3.875% | 05/01/2025 | 100,000 | 108,301 | |
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (b) | 4.625% | 12/01/2029 | 700,000 | 743,750 |
Welltower, Inc. (Equity REIT) | 2.700% | 02/15/2027 | 1,000,000 | 1,061,178 | |
5,158,303 | |||||
Utilities–2.7% | |||||
AEP Transmission Co. LLC (Electric Utilities) | 4.000% | 12/01/2046 | 1,000,000 | 1,177,107 | |
AEP Transmission Co. LLC (Electric Utilities) | 3.750% | 12/01/2047 | 1,000,000 | 1,135,389 | |
Ameren Corp. (Multi-Utilities) | 2.500% | 09/15/2024 | 1,000,000 | 1,051,558 | |
Ameren Corp. (Multi-Utilities) | 3.500% | 01/15/2031 | 1,000,000 | 1,094,931 | |
American Water Capital Corp. (Water Utilities) | 4.300% | 12/01/2042 | 100,000 | 123,148 | |
Berkshire Hathaway Energy Co. (Multi-Utilities) | 3.250% | 04/15/2028 | 100,000 | 109,917 | |
Black Hills Corp. (Multi-Utilities) | 3.050% | 10/15/2029 | 2,500,000 | 2,660,572 | |
Commonwealth Edison Co. (Electric Utilities) | 4.350% | 11/15/2045 | 1,000,000 | 1,243,793 | |
Connecticut Light & Power Co. / The (Electric Utilities) | 4.000% | 04/01/2048 | 1,000,000 | 1,209,740 | |
Duke Energy Corp. (Electric Utilities) | 3.750% | 09/01/2046 | 1,500,000 | 1,602,116 | |
Duke Energy Indiana LLC (Electric Utilities) | 3.250% | 10/01/2049 | 1,000,000 | 1,056,303 | |
FirstEnergy Transmission LLC (Electric Utilities) | (b) | 4.550% | 04/01/2049 | 200,000 | 234,572 |
Florida Power & Light Co. (Electric Utilities) | 3.150% | 10/01/2049 | 1,000,000 | 1,086,670 | |
Jersey Central Power & Light Co. (Electric Utilities) | (b) | 4.300% | 01/15/2026 | 100,000 | 110,677 |
Public Service Electric & Gas Co. (Multi-Utilities) | 3.600% | 12/01/2047 | 1,000,000 | 1,136,201 | |
15,032,694 | |||||
Total Corporate Bonds (Cost $142,458,476) | $150,012,279 |
U.S. Treasury Obligations–0.9% | Rate | Maturity | Face Amount | Value | |
U.S. Treasury Note | 1.625% | 05/15/2026 | $5,000,000 | $ 5,182,617 | |
Total U.S. Treasury Obligations (Cost $5,180,925) | $ 5,182,617 |
Asset-Backed Securities–0.6% | Rate | Maturity | Face Amount | Value | |
Industrials–0.6% | |||||
FedEx Corp. 2020-1 Class AA Pass Through Trust | 1.875% | 02/20/2034 | $1,946,527 | $ 1,931,432 | |
United Airlines 2016-1 Class B Pass Through Trust | 3.650% | 01/07/2026 | 148,611 | 147,559 | |
United Airlines 2019-2 Class AA Pass Through Trust | 2.700% | 05/01/2032 | 961,105 | 963,248 | |
Total Asset-Backed Securities (Cost $3,056,244) | $ 3,042,239 |
Money Market Funds–1.5% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (d) | 8,284,089 | $ 8,286,574 |
Total Money Market Funds (Cost $8,286,574) | $ 8,286,574 | ||
Total Investments – 99.9% (Cost $475,991,188) | (e) | $547,028,673 | |
Other Assets in Excess of Liabilities – 0.1% | (f) | 554,297 | |
Net Assets – 100.0% | $547,582,970 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 0.870% at 06/30/2021 | |
QL: | Quarterly U.S. LIBOR Rate, 0.146% at 06/30/2021 | |
SOFR: | Secured Overnight Financing Rate, 0.050% at 06/30/2021 | |
USISDA05: | USD ICE Swap Rate 11:00am NY 5 Year, 0.947% at 06/30/2021 | |
USSW5: | USD Swap Semi 30/360 5 Year, 0.965% at 06/30/2021 |
Ohio National Fund, Inc. | ON BlackRock Balanced Allocation Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified buyers under Rule 144A. At June 30, 2021, the value of these securities totaled $11,612,588, or 2.1% of the Portfolio’s net assets. | |
(c) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates stated, including interest rate caps and floors, if any, are those in effect at June 30, 2021. | |
(d) | Rate represents the seven-day yield at June 30, 2021. | |
(e) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(f) | Includes $275,000 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini S&P 500 Index - Long | 25 | September 17, 2021 | $5,298,156 | $5,360,750 | $62,594 | $6,410 |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio (Unaudited) |
Average Annual returns | |
One year | 33.52% |
Five years | 9.94% |
Ten years | 3.73% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) (5) | 95.9 |
Preferred Securities (4) (5) | 0.5 |
Money Market Funds and Other Net Assets | 3.6 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | LVMH Moet Hennessy Louis Vuitton SE | 1.6 |
2. | Novo Nordisk A/S Class B | 1.6 |
3. | AIA Group Ltd. | 1.5 |
4. | Nestle SA | 1.5 |
5. | Keyence Corp. | 1.4 |
6. | AstraZeneca PLC | 1.3 |
7. | British American Tobacco PLC | 1.3 |
8. | Schneider Electric SE | 1.2 |
9. | Kering SA | 1.2 |
10. | Deutsche Post AG | 1.2 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Top 10 Country Weightings (Common Stocks, Preferred Securities): |
% of Net Assets | |
Japan | 21.0 |
United Kingdom | 12.2 |
France | 11.2 |
Germany | 8.9 |
Switzerland | 8.3 |
Australia | 8.3 |
Netherlands | 5.5 |
Sweden | 3.9 |
Denmark | 3.8 |
Hong Kong | 3.5 |
(5) | Sectors (Common Stocks, Preferred Securities): |
% of Net Assets | |
Industrials | 16.6 |
Financials | 16.3 |
Consumer Discretionary | 14.6 |
Health Care | 10.3 |
Information Technology | 10.1 |
Consumer Staples | 8.2 |
Materials | 7.3 |
Communication Services | 4.5 |
Energy | 3.4 |
Real Estate | 3.1 |
Utilities | 2.0 |
96.4 |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–95.9% | Shares | Value | |
Japan–21.0% | |||
Alps Alpine Co. Ltd. (Information Technology) | (a) | 63,200 | $ 668,853 |
Amada Co. Ltd. (Industrials) | (a) | 47,100 | 477,735 |
Asahi Kasei Corp. (Materials) | (a) | 115,800 | 1,272,779 |
Astellas Pharma, Inc. (Health Care) | (a) | 54,600 | 951,496 |
Benesse Holdings, Inc. (Consumer Discretionary) | (a) | 16,000 | 397,358 |
Bridgestone Corp. (Consumer Discretionary) | (a) | 42,700 | 1,940,816 |
Calbee, Inc. (Consumer Staples) | (a) | 39,000 | 900,096 |
Canon Marketing Japan, Inc. (Information Technology) | (a) | 2,800 | 65,017 |
Canon, Inc. (Information Technology) | (a) | 137,100 | 3,098,728 |
Capcom Co. Ltd. (Communication Services) | (a) | 800 | 23,383 |
Daikin Industries Ltd. (Industrials) | (a) | 6,900 | 1,285,813 |
Daiwa House Industry Co. Ltd. (Real Estate) | (a) | 28,319 | 851,510 |
Denso Corp. (Consumer Discretionary) | (a) | 25,500 | 1,738,883 |
Dip Corp. (Communication Services) | (a) | 9,100 | 280,538 |
Disco Corp. (Information Technology) | (a) | 2,800 | 851,337 |
Electric Power Development Co. Ltd. (Utilities) | (a) | 12,600 | 180,269 |
FANUC Corp. (Industrials) | (a) | 11,700 | 2,805,635 |
Fast Retailing Co. Ltd. (Consumer Discretionary) | (a) | 3,100 | 2,330,232 |
Hikari Tsushin, Inc. (Consumer Discretionary) | (a) | 900 | 158,171 |
Hoya Corp. (Health Care) | (a) | 2,100 | 277,768 |
Inpex Corp. (Energy) | (a) | 49,200 | 368,232 |
Isuzu Motors Ltd. (Consumer Discretionary) | (a) | 4,900 | 65,021 |
Japan Post Holdings Co. Ltd. (Financials) | (a) | 159,100 | 1,306,804 |
Japan Tobacco, Inc. (Consumer Staples) | (a) | 210,500 | 3,978,093 |
KDDI Corp. (Communication Services) | (a) | 70,600 | 2,199,591 |
Keyence Corp. (Information Technology) | (a) | 13,900 | 7,000,361 |
Kirin Holdings Co. Ltd. (Consumer Staples) | (a) | 107,600 | 2,099,902 |
Konica Minolta, Inc. (Information Technology) | (a) | 22,800 | 126,316 |
Kose Corp. (Consumer Staples) | (a) | 4,600 | 722,646 |
Kubota Corp. (Industrials) | (a) | 20,500 | 414,709 |
Kyocera Corp. (Information Technology) | (a) | 1,100 | 67,958 |
Maeda Corp. (Industrials) | (a) | 9,800 | 85,015 |
Marubeni Corp. (Industrials) | (a) | 5,900 | 51,380 |
Mitsubishi Chemical Holdings Corp. (Materials) | (a) | 62,600 | 526,716 |
Mitsubishi HC Capital, Inc. (Financials) | (a) | 219,300 | 1,175,995 |
Mitsubishi Heavy Industries Ltd. (Industrials) | (a) | 7,000 | 206,655 |
Mitsubishi Materials Corp. (Materials) | (a) | 31,800 | 635,761 |
Morinaga & Co. Ltd. (Consumer Staples) | (a) | 9,700 | 310,222 |
MS&AD Insurance Group Holdings, Inc. (Financials) | (a) | 79,100 | 2,286,955 |
Murata Manufacturing Co. Ltd. (Information Technology) | (a) | 20,700 | 1,576,819 |
Nexon Co. Ltd. (Communication Services) | (a) | 23,600 | 525,207 |
NGK Spark Plug Co. Ltd. (Consumer Discretionary) | (a) | 17,100 | 254,218 |
Nichirei Corp. (Consumer Staples) | (a) | 1,400 | 36,811 |
Nidec Corp. (Industrials) | (a) | 22,500 | 2,587,279 |
Nihon M&A Center, Inc. (Industrials) | (a) | 1,300 | 33,670 |
Nikon Corp. (Consumer Discretionary) | (a) | 79,500 | 848,065 |
Nintendo Co. Ltd. (Communication Services) | (a) | 3,900 | 2,256,824 |
Nippon Paint Holdings Co. Ltd. (Materials) | (a) | 23,400 | 316,558 |
Nippon Telegraph & Telephone Corp. (Communication Services) | (a) | 102,700 | 2,685,110 |
Nippon Television Holdings, Inc. (Communication Services) | (a) | 2,900 | 33,827 |
Nippon Yusen KK (Industrials) | (a) | 7,400 | 375,536 |
Nitto Denko Corp. (Materials) | (a) | 1,900 | 141,494 |
Nomura Holdings, Inc. (Financials) | (a) | 334,200 | 1,700,906 |
Nomura Research Institute Ltd. (Information Technology) | (a) | 9,200 | 303,845 |
Obayashi Corp. (Industrials) | (a) | 42,100 | 335,653 |
Obic Co. Ltd. (Information Technology) | (a) | 1,900 | 353,360 |
Olympus Corp. (Health Care) | (a) | 2,900 | 57,684 |
Omron Corp. (Information Technology) | (a) | 10,500 | 831,357 |
Oracle Corp. (Information Technology) | (a) | 1,900 | 145,177 |
Common Stocks (Continued) | Shares | Value | |
Japan (continued) | |||
Otsuka Corp. (Information Technology) | (a) | 4,400 | $ 230,649 |
Pigeon Corp. (Consumer Staples) | (a) | 14,300 | 403,316 |
Rakus Co. Ltd. (Information Technology) | (a) | 9,900 | 269,100 |
Recruit Holdings Co. Ltd. (Industrials) | (a) | 98,100 | 4,810,703 |
Ricoh Co. Ltd. (Information Technology) | (a) | 26,100 | 293,782 |
Sanwa Holdings Corp. (Industrials) | (a) | 3,200 | 39,356 |
Shimano, Inc. (Consumer Discretionary) | (a) | 3,200 | 761,357 |
Shin-Etsu Chemical Co. Ltd. (Materials) | (a) | 1,100 | 183,987 |
Shiseido Co. Ltd. (Consumer Staples) | (a) | 8,200 | 604,822 |
SMC Corp. (Industrials) | (a) | 4,500 | 2,662,176 |
SoftBank Corp. (Communication Services) | (a) | 83,200 | 1,087,839 |
SoftBank Group Corp. (Communication Services) | (a) | 36,400 | 2,538,602 |
Sony Group Corp. (Consumer Discretionary) | (a) | 5,300 | 513,926 |
Subaru Corp. (Consumer Discretionary) | (a) | 53,700 | 1,064,306 |
Sumitomo Chemical Co. Ltd. (Materials) | (a) | 787,100 | 4,183,330 |
Sumitomo Corp. (Industrials) | (a) | 109,600 | 1,469,564 |
Sumitomo Electric Industries Ltd. (Consumer Discretionary) | (a) | 7,000 | 103,389 |
Sumitomo Mitsui Financial Group, Inc. (Financials) | (a) | 151,800 | 5,232,844 |
Sumitomo Rubber Industries Ltd. (Consumer Discretionary) | (a) | 170,500 | 2,357,162 |
Suntory Beverage & Food Ltd. (Consumer Staples) | (a) | 15,000 | 565,385 |
Sysmex Corp. (Health Care) | (a) | 700 | 83,044 |
Taiheiyo Cement Corp. (Materials) | (a) | 3,100 | 68,143 |
Takeda Pharmaceutical Co. Ltd. (Health Care) | (a) | 163,902 | 5,500,641 |
Tokio Marine Holdings, Inc. (Financials) | (a) | 64,600 | 2,975,491 |
Tokyo Electron Ltd. (Information Technology) | (a) | 8,300 | 3,588,788 |
Tokyu Fudosan Holdings Corp. (Real Estate) | (a) | 15,500 | 93,208 |
Toshiba Corp. (Industrials) | (a) | 12,000 | 518,412 |
Toyoda Gosei Co. Ltd. (Consumer Discretionary) | (a) | 2,900 | 71,527 |
Toyota Motor Corp. (Consumer Discretionary) | (a) | 27,800 | 2,430,110 |
Trend Micro, Inc. (Information Technology) | (a) | 5,000 | 261,817 |
Unicharm Corp. (Consumer Staples) | (a) | 45,300 | 1,824,695 |
Welcia Holdings Co. Ltd. (Consumer Staples) | (a) | 13,200 | 431,621 |
Yamazaki Baking Co. Ltd. (Consumer Staples) | (a) | 1,500 | 21,173 |
Z Holdings Corp. (Communication Services) | (a) | 87,700 | 438,891 |
107,267,305 | |||
United Kingdom–12.2% | |||
3i Group PLC (Financials) | (a) | 10,447 | 169,543 |
Anglo American PLC (Materials) | (a) | 24,680 | 982,119 |
Associated British Foods PLC (Consumer Staples) | (a) | 35,866 | 1,100,973 |
AstraZeneca PLC (Health Care) | (a) | 54,907 | 6,596,754 |
Barratt Developments PLC (Consumer Discretionary) | (a) | 8,537 | 82,200 |
Bellway PLC (Consumer Discretionary) | (a) | 7,746 | 347,030 |
BP PLC (Energy) | (a) | 538,598 | 2,361,962 |
British American Tobacco PLC (Consumer Staples) | (a) | 169,871 | 6,595,335 |
British Land Co. PLC / The (Real Estate) | (a) | 17,015 | 116,393 |
Burberry Group PLC (Consumer Discretionary) | (a) | 13,448 | 384,602 |
Compass Group PLC (Consumer Discretionary) | (a)(b) | 18,296 | 385,458 |
Diageo PLC (Consumer Staples) | (a) | 99,358 | 4,762,078 |
Dunelm Group PLC (Consumer Discretionary) | (a) | 40,917 | 804,871 |
easyJet PLC (Industrials) | (a)(b) | 13,679 | 169,656 |
GlaxoSmithKline PLC (Health Care) | (a) | 81,182 | 1,595,964 |
Greggs PLC (Consumer Discretionary) | (a)(b) | 12,209 | 439,462 |
HomeServe PLC (Industrials) | (a) | 42,938 | 567,875 |
Howden Joinery Group PLC (Industrials) | (a) | 106,689 | 1,206,542 |
HSBC Holdings PLC (Financials) | (a) | 645,357 | 3,724,681 |
IG Group Holdings PLC (Financials) | (a) | 30,871 | 361,756 |
Imperial Brands PLC (Consumer Staples) | (a) | 53,638 | 1,156,582 |
ITV PLC (Communication Services) | (a)(b) | 173,872 | 302,189 |
J Sainsbury PLC (Consumer Staples) | (a) | 60,527 | 227,816 |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
United Kingdom (continued) | |||
JD Sports Fashion PLC (Consumer Discretionary) | (a) | 73,073 | $ 929,901 |
JET2 PLC (Industrials) | (a)(b) | 35,765 | 585,613 |
John Wood Group PLC (Energy) | (a)(b) | 19,314 | 58,841 |
Johnson Matthey PLC (Materials) | (a) | 18,364 | 781,870 |
Kingfisher PLC (Consumer Discretionary) | (a) | 405,324 | 2,045,709 |
Lloyds Banking Group PLC (Financials) | (a) | 3,638,727 | 2,353,732 |
Meggitt PLC (Industrials) | (a)(b) | 12,818 | 81,881 |
Micro Focus International PLC (Information Technology) | (a) | 263,793 | 1,997,355 |
Next PLC (Consumer Discretionary) | (a)(b) | 4,650 | 506,077 |
Prudential PLC (Financials) | (a) | 87,934 | 1,673,012 |
Redrow PLC (Consumer Discretionary) | (a) | 38,081 | 323,032 |
RELX PLC (Industrials) | (a) | 72,467 | 1,921,586 |
Rightmove PLC (Communication Services) | (a) | 225,540 | 2,027,198 |
Rio Tinto PLC (Materials) | (a) | 16,271 | 1,343,780 |
Royal Mail PLC (Industrials) | (a)(b) | 158,249 | 1,265,334 |
Smith & Nephew PLC (Health Care) | (a) | 42,215 | 915,526 |
Smiths Group PLC (Industrials) | (a) | 26,462 | 582,795 |
SSE PLC (Utilities) | (a) | 41,399 | 859,806 |
Standard Chartered PLC (Financials) | (a) | 162,511 | 1,037,113 |
Tesco PLC (Consumer Staples) | (a) | 635,103 | 1,961,947 |
Unilever PLC (Consumer Staples) | (a) | 60,112 | 3,512,557 |
Whitbread PLC (Consumer Discretionary) | (a)(b) | 9,965 | 430,766 |
Wm Morrison Supermarkets PLC (Consumer Staples) | (c) | 187,435 | 639,641 |
62,276,913 | |||
France–11.2% | |||
Amundi SA (Financials) | (a) | 19,573 | 1,726,316 |
Atos SE (Information Technology) | (a) | 28,809 | 1,754,252 |
AXA SA (Financials) | (a) | 83,730 | 2,126,100 |
BNP Paribas SA (Financials) | (a) | 86,942 | 5,456,448 |
Casino Guichard Perrachon SA (Consumer Staples) | (a)(b) | 55,427 | 1,760,208 |
CNP Assurances (Financials) | (a) | 62,649 | 1,067,753 |
Credit Agricole SA (Financials) | (a) | 44,257 | 620,465 |
Dassault Systemes SE (Information Technology) | (a)(b) | 19,977 | 4,848,341 |
Engie SA (Utilities) | (a) | 178,648 | 2,449,723 |
Hermes International (Consumer Discretionary) | (a) | 3,621 | 5,284,168 |
Kering SA (Consumer Discretionary) | (a) | 6,981 | 6,116,872 |
Klepierre SA (Real Estate) | (a) | 17,978 | 463,181 |
Legrand SA (Industrials) | (a) | 8,336 | 883,476 |
L'Oreal SA (Consumer Staples) | (a) | 809 | 361,294 |
LVMH Moet Hennessy Louis Vuitton SE (Consumer Discretionary) | (a) | 10,697 | 8,414,867 |
Orange SA (Communication Services) | (a) | 22,406 | 255,715 |
Rubis SCA (Utilities) | (a) | 24,615 | 1,095,259 |
Safran SA (Industrials) | (a) | 1,083 | 150,302 |
Sanofi (Health Care) | (a) | 3,145 | 330,422 |
Schneider Electric SE (Industrials) | (a) | 40,446 | 6,376,091 |
SCOR SE (Financials) | (a) | 568 | 18,082 |
Sodexo SA (Consumer Discretionary) | (a)(b) | 5,069 | 473,747 |
Teleperformance (Industrials) | (a) | 393 | 159,593 |
TotalEnergies SE (Energy) | (a) | 89,237 | 4,042,596 |
Unibail-Rodamco-Westfield (Real Estate) | (a)(b) | 5,467 | 473,967 |
Valeo SA (Consumer Discretionary) | (a) | 19,246 | 580,527 |
57,289,765 | |||
Germany–8.4% | |||
adidas AG (Consumer Discretionary) | (a) | 6,806 | 2,539,710 |
Allianz SE (Financials) | (a) | 6,867 | 1,713,706 |
BASF SE (Materials) | (a) | 27,070 | 2,136,899 |
Bayer AG (Health Care) | (a) | 12,233 | 743,708 |
Bayerische Motoren Werke AG (Consumer Discretionary) | (a) | 28,971 | 3,071,376 |
Deutsche Boerse AG (Financials) | (a) | 4,524 | 789,647 |
Deutsche Post AG (Industrials) | (a) | 87,858 | 5,983,541 |
Common Stocks (Continued) | Shares | Value | |
Germany (continued) | |||
E.ON SE (Utilities) | (a) | 90,681 | $ 1,049,149 |
Evonik Industries AG (Materials) | (a) | 31,408 | 1,054,473 |
Fresenius Medical Care AG & Co. KGaA (Health Care) | (a) | 39,910 | 3,316,369 |
Hannover Rueck SE (Financials) | (a) | 1,301 | 217,798 |
Hella GmbH & Co. KGaA (Consumer Discretionary) | (a)(b) | 2 | 137 |
HelloFresh SE (Consumer Discretionary) | (a)(b) | 26,156 | 2,542,600 |
Nemetschek SE (Information Technology) | (a) | 206 | 15,769 |
Rheinmetall AG (Industrials) | (a) | 5,905 | 583,492 |
SAP SE (Information Technology) | (a) | 35,092 | 4,929,011 |
Scout24 AG (Communication Services) | (a) | 12,222 | 1,031,216 |
Siemens AG (Industrials) | (a) | 34,433 | 5,467,226 |
Volkswagen AG (Consumer Discretionary) | (a) | 211 | 69,348 |
Zalando SE (Consumer Discretionary) | (a)(b) | 37,300 | 4,511,059 |
Zalando SE (Consumer Discretionary) | (b) | 7,912 | 956,460 |
42,722,694 | |||
Switzerland–8.3% | |||
Adecco Group AG (Industrials) | (a) | 32,747 | 2,228,163 |
Cie Financiere Richemont SA (Consumer Discretionary) | (a) | 47,458 | 5,753,265 |
Givaudan SA (Materials) | (a) | 1,123 | 5,227,802 |
Glencore PLC (Materials) | (a) | 221,776 | 951,882 |
Kuehne + Nagel International AG (Industrials) | (a) | 6,573 | 2,249,670 |
Nestle SA (Consumer Staples) | (a) | 60,543 | 7,546,507 |
Novartis AG (Health Care) | (a) | 61,633 | 5,622,565 |
Roche Holding AG Bearer Shares (Health Care) | (a) | 597 | 242,800 |
Roche Holding AG Non Voting Shares (Health Care) | (a) | 12,303 | 4,636,236 |
Sika AG (Materials) | (a) | 17,090 | 5,599,328 |
Straumann Holding AG (Health Care) | (a) | 388 | 618,877 |
Swiss Re AG (Financials) | (a) | 19,018 | 1,717,755 |
42,394,850 | |||
Australia–8.3% | |||
AGL Energy Ltd. (Utilities) | (a) | 98,228 | 603,495 |
Alumina Ltd. (Materials) | (a) | 392,468 | 483,152 |
APA Group (Utilities) | (a) | 6,254 | 41,731 |
Appen Ltd. (Information Technology) | (a) | 7,755 | 79,222 |
Aristocrat Leisure Ltd. (Consumer Discretionary) | (a) | 81,226 | 2,622,180 |
ASX Ltd. (Financials) | (a) | 18,536 | 1,080,569 |
Aurizon Holdings Ltd. (Industrials) | (a) | 306,577 | 853,924 |
BHP Group Ltd. (Materials) | (a) | 132,051 | 4,804,056 |
BHP Group PLC (Materials) | (a) | 36,796 | 1,088,829 |
Brambles Ltd. (Industrials) | (a) | 59,409 | 509,845 |
carsales.com Ltd. (Communication Services) | (a) | 22,775 | 337,276 |
Challenger Ltd. (Financials) | (a) | 35,430 | 143,546 |
Commonwealth Bank of Australia (Financials) | (a) | 51,426 | 3,850,913 |
CSL Ltd. (Health Care) | (a) | 12,631 | 2,701,372 |
Domain Holdings Australia Ltd. (Communication Services) | (a)(b) | 17,051 | 66,086 |
Goodman Group (Real Estate) | (a) | 124,799 | 1,975,028 |
GPT Group / The (Real Estate) | (a) | 130,020 | 475,632 |
Harvey Norman Holdings Ltd. (Consumer Discretionary) | (a) | 7,139 | 29,363 |
Iluka Resources Ltd. (Materials) | (a) | 144,458 | 989,116 |
IOOF Holdings Ltd. (Financials) | (a) | 242,738 | 776,285 |
Lendlease Corp. Ltd. (Real Estate) | (a) | 19,876 | 170,789 |
Magellan Financial Group Ltd. (Financials) | (a) | 4,631 | 187,035 |
Medibank Pvt Ltd. (Financials) | (a) | 1,297,197 | 3,075,425 |
Mineral Resources Ltd. (Materials) | (a) | 6,316 | 253,688 |
Mirvac Group (Real Estate) | (a) | 66,172 | 144,278 |
Origin Energy Ltd. (Utilities) | (a) | 48,434 | 163,572 |
Qantas Airways Ltd. (Industrials) | (a)(b) | 244,108 | 852,178 |
REA Group Ltd. (Communication Services) | (a) | 33,385 | 4,230,190 |
Rio Tinto Ltd. (Materials) | (a) | 9,302 | 881,881 |
Scentre Group (Real Estate) | (a) | 1,489,378 | 3,047,745 |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Australia (continued) | |||
SEEK Ltd. (Communication Services) | (a) | 13,405 | $ 333,235 |
South32 Ltd. (Materials) | (a) | 197,890 | 433,970 |
Stockland (Real Estate) | (a) | 107,297 | 373,635 |
Tabcorp Holdings Ltd. (Consumer Discretionary) | (a) | 30,477 | 118,249 |
Telstra Corp. Ltd. (Communication Services) | (a) | 138,209 | 389,803 |
Transurban Group (Industrials) | (a) | 46,181 | 492,524 |
Treasury Wine Estates Ltd. (Consumer Staples) | (a) | 33,226 | 290,937 |
Westpac Banking Corp. (Financials) | (a) | 130,955 | 2,534,215 |
WiseTech Global Ltd. (Information Technology) | (a) | 27,081 | 647,145 |
Worley Ltd. (Energy) | (a) | 2,175 | 19,461 |
42,151,575 | |||
Netherlands–5.5% | |||
Adyen N.V. (Information Technology) | (a)(b) | 940 | 2,305,190 |
Aegon N.V. (Financials) | (a) | 321,601 | 1,337,575 |
Akzo Nobel N.V. (Materials) | (a) | 5,781 | 715,808 |
Argenx SE (Health Care) | (a)(b) | 521 | 157,194 |
ASML Holding N.V. (Information Technology) | (a) | 7,818 | 5,396,916 |
Flow Traders (Financials) | (c) | 15,408 | 662,837 |
JDE Peet's N.V. (Consumer Staples) | (a)(b) | 544 | 19,745 |
Koninklijke KPN N.V. (Communication Services) | (a) | 6,329 | 19,795 |
Koninklijke Philips N.V. (Health Care) | (a) | 21,288 | 1,056,612 |
NN Group N.V. (Financials) | (a) | 29,449 | 1,391,151 |
PostNL N.V. (Industrials) | (a) | 256,037 | 1,391,145 |
Prosus N.V. (Consumer Discretionary) | (a) | 15,003 | 1,469,807 |
Randstad N.V. (Industrials) | (a) | 43,956 | 3,369,677 |
Royal Dutch Shell PLC Class A (Energy) | (a) | 188,563 | 3,780,286 |
Royal Dutch Shell PLC Class B (Energy) | (a) | 150,982 | 2,930,981 |
Signify N.V. (Industrials) | (a) | 29,089 | 1,846,508 |
27,851,227 | |||
Sweden–3.9% | |||
Assa Abloy AB Class B (Industrials) | (a) | 157,413 | 4,745,673 |
Atlas Copco AB Class A (Industrials) | (a) | 54,901 | 3,371,381 |
Atlas Copco AB Class B (Industrials) | (a) | 10,364 | 545,835 |
Elekta AB Class B (Health Care) | (a) | 15,282 | 221,556 |
Evolution AB (Consumer Discretionary) | (a) | 6,623 | 1,047,640 |
Hexagon AB Class B (Information Technology) | (c) | 20,214 | 299,498 |
Intrum AB (Industrials) | (a) | 555 | 18,181 |
Investor AB Class B (Financials) | (a) | 60,743 | 1,400,150 |
Kinnevik AB Class B (Financials) | (a) | 37,068 | 1,484,347 |
L E Lundbergforetagen AB Class B (Financials) | (a) | 6,741 | 435,068 |
Saab AB Class B (Industrials) | (a) | 68,336 | 1,814,220 |
SKF AB (Industrials) | (a) | 15,817 | 403,146 |
Swedish Match AB (Consumer Staples) | (a) | 20,126 | 171,637 |
Tele2 AB Class B (Communication Services) | (a) | 19,928 | 271,697 |
Telefonaktiebolaget LM Ericsson Class B (Information Technology) | (a) | 258,340 | 3,248,342 |
Telia Co. AB (Communication Services) | (a) | 35,420 | 157,317 |
19,635,688 | |||
Denmark–3.8% | |||
AP Moller - Maersk A/S Class B (Industrials) | (a) | 906 | 2,608,292 |
AP Moller - Maersk A/S Class A (Industrials) | (a) | 568 | 1,579,949 |
Chr Hansen Holding A/S (Materials) | (a) | 15,936 | 1,437,972 |
Coloplast A/S Class B (Health Care) | (a) | 16,357 | 2,685,545 |
Genmab A/S (Health Care) | (a)(b) | 1,293 | 529,797 |
GN Store Nord A/S (Health Care) | (a) | 15,499 | 1,355,386 |
Netcompany Group A/S (Information Technology) | (a) | 4,118 | 468,214 |
Novo Nordisk A/S Class B (Health Care) | (a) | 98,287 | 8,227,468 |
SimCorp A/S (Information Technology) | (a) | 4,251 | 533,936 |
19,426,559 | |||
Hong Kong–3.5% | |||
AIA Group Ltd. (Financials) | (a) | 610,800 | 7,577,325 |
Common Stocks (Continued) | Shares | Value | |
Hong Kong (continued) | |||
BOC Hong Kong Holdings Ltd. (Financials) | (a) | 445,500 | $ 1,509,937 |
Budweiser Brewing Co. APAC Ltd. (Consumer Staples) | (a) | 20,900 | 65,809 |
Cathay Pacific Airways Ltd. (Industrials) | (a)(b) | 256,000 | 216,318 |
CK Asset Holdings Ltd. (Real Estate) | (a) | 63,600 | 437,760 |
CK Infrastructure Holdings Ltd. (Utilities) | (a) | 3,000 | 17,871 |
Hysan Development Co. Ltd. (Real Estate) | (c) | 18,000 | 71,752 |
Kerry Properties Ltd. (Real Estate) | (a) | 327,500 | 1,079,930 |
Link REIT (Real Estate) | (a) | 98,900 | 956,891 |
MTR Corp. Ltd. (Industrials) | (a) | 131,000 | 729,407 |
New World Development Co. Ltd. (Real Estate) | (a) | 145,000 | 751,963 |
NWS Holdings Ltd. (Industrials) | (a) | 340,000 | 361,685 |
PCCW Ltd. (Communication Services) | (a) | 161,000 | 84,321 |
Sun Hung Kai Properties Ltd. (Real Estate) | (a) | 67,500 | 1,003,181 |
Swire Properties Ltd. (Real Estate) | (a) | 429,600 | 1,279,639 |
Techtronic Industries Co. Ltd. (Industrials) | (a) | 81,000 | 1,411,584 |
Wharf Real Estate Investment Co. Ltd. (Real Estate) | (a) | 81,000 | 470,856 |
18,026,229 | |||
Finland–2.1% | |||
Kone Oyj Class B (Industrials) | (a) | 59,440 | 4,851,148 |
Neste Oyj (Energy) | (a) | 5,920 | 363,145 |
Nordea Bank Abp (Financials) | (a) | 474,208 | 5,280,736 |
TietoEVRY Oyj (Information Technology) | (a) | 395 | 12,480 |
UPM-Kymmene Oyj (Materials) | (a) | 3,766 | 142,573 |
10,650,082 | |||
Israel–1.9% | |||
Bank Hapoalim BM (Financials) | (a)(b) | 403,455 | 3,239,185 |
Israel Discount Bank Ltd. Class A (Financials) | (a)(b) | 131,173 | 624,886 |
Nice Ltd. (Information Technology) | (a)(b) | 17,525 | 4,325,755 |
Teva Pharmaceutical Industries Ltd. (Health Care) | (a)(b) | 141,434 | 1,404,414 |
9,594,240 | |||
Italy–1.1% | |||
Amplifon SpA (Health Care) | (a) | 10,736 | 530,828 |
Assicurazioni Generali SpA (Financials) | (a) | 47,659 | 956,835 |
Azimut Holding SpA (Financials) | (a) | 1,298 | 31,565 |
Banca Generali SpA (Financials) | (a)(b) | 3,773 | 161,185 |
Banca Mediolanum SpA (Financials) | (a) | 9,395 | 91,500 |
DiaSorin SpA (Health Care) | (a) | 227 | 42,952 |
Enel SpA (Utilities) | (a) | 21,420 | 199,053 |
Hera SpA (Utilities) | (a) | 5,696 | 23,548 |
Italgas SpA (Utilities) | (a) | 32,023 | 209,469 |
Leonardo SpA (Industrials) | (a)(b) | 38,606 | 312,375 |
Mediobanca Banca di Credito Finanziario SpA (Financials) | (a)(b) | 67,893 | 794,358 |
Pirelli & C SpA (Consumer Discretionary) | (a) | 200,250 | 1,164,466 |
PRADA SpA (Consumer Discretionary) | (a) | 5,900 | 44,766 |
Telecom Italia SpA (Communication Services) | (a) | 352,794 | 175,539 |
Unipol Gruppo SpA (Financials) | (a) | 164,900 | 899,235 |
5,637,674 | |||
Ireland–1.1% | |||
AIB Group PLC (Financials) | (a)(b) | 13,753 | 35,491 |
Bank of Ireland Group PLC (Financials) | (a)(b) | 39,321 | 211,002 |
Experian PLC (Industrials) | (a) | 67,540 | 2,607,662 |
Flutter Entertainment PLC (Consumer Discretionary) | (a)(b) | 6,930 | 1,256,591 |
James Hardie Industries PLC (Materials) | (a) | 17,726 | 601,480 |
Kerry Group PLC Class A (Consumer Staples) | (a) | 366 | 51,170 |
Kingspan Group PLC (Industrials) | (a) | 7,768 | 734,179 |
5,497,575 | |||
Spain–1.1% | |||
Acciona SA (Utilities) | (a) | 2,736 | 413,213 |
Amadeus IT Group SA (Information Technology) | (a)(b) | 6,680 | 470,917 |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Spain (continued) | |||
Banco Bilbao Vizcaya Argentaria SA (Financials) | (a) | 172,606 | $ 1,070,672 |
Banco de Sabadell SA (Financials) | (a)(b) | 98,568 | 67,294 |
CaixaBank SA (Financials) | (a) | 91,245 | 280,916 |
Endesa SA (Utilities) | (a) | 20,063 | 487,045 |
Iberdrola SA (Utilities) | (a) | 177,141 | 2,160,173 |
Naturgy Energy Group SA (Utilities) | (a) | 4,336 | 111,593 |
Repsol SA (Energy) | (a) | 29,474 | 370,270 |
Telefonica SA (Communication Services) | (a) | 997 | 4,653 |
5,436,746 | |||
Norway–0.9% | |||
DNB ASA (Financials) | (a) | 56,920 | 1,240,526 |
Equinor ASA (Energy) | (a) | 150,677 | 3,189,607 |
4,430,133 | |||
Singapore–0.6% | |||
Jardine Cycle & Carriage Ltd. (Consumer Discretionary) | (a) | 154,300 | 2,456,151 |
Oversea-Chinese Banking Corp. Ltd. (Financials) | (a) | 17,800 | 158,629 |
Singapore Airlines Ltd. (Industrials) | (a)(b) | 36,300 | 130,902 |
Singapore Telecommunications Ltd. (Communication Services) | (a) | 8,700 | 14,843 |
United Overseas Bank Ltd. (Financials) | (a) | 10,300 | 198,351 |
Venture Corp. Ltd. (Information Technology) | (a) | 13,800 | 197,422 |
3,156,298 | |||
New Zealand–0.4% | |||
Air New Zealand Ltd. (Industrials) | (a)(b) | 275,942 | 298,957 |
Fisher & Paykel Healthcare Corp. Ltd. (Health Care) | (a) | 65,848 | 1,432,484 |
Spark New Zealand Ltd. (Communication Services) | (a) | 77,045 | 258,616 |
Xero Ltd. (Information Technology) | (a)(b) | 1,091 | 112,220 |
2,102,277 | |||
Luxembourg–0.4% | |||
Aroundtown SA (Real Estate) | (a) | 181,515 | 1,416,221 |
RTL Group SA (Communication Services) | (a) | 11,397 | 678,711 |
2,094,932 |
Common Stocks (Continued) | Shares | Value | |
Austria–0.2% | |||
ANDRITZ AG (Industrials) | (a) | 694 | $ 39,032 |
Raiffeisen Bank International AG (Financials) | (a) | 45,339 | 1,029,127 |
1,068,159 | |||
Belgium–0.0% | |||
Telenet Group Holding N.V. (Communication Services) | (a) | 5,571 | 209,865 |
Total Common Stocks (Cost $456,084,192) | $488,920,786 |
Preferred Securities–0.5% | Rate | Quantity | Value | |
Germany–0.5% | ||||
Bayerische Motoren Werke AG (Consumer Discretionary) | (a) | 2.533% (d) | 1,712 | $ 154,010 |
Sartorius AG (Health Care) | (a) | 0.161% (d) | 964 | 501,770 |
Schaeffler AG (Consumer Discretionary) | (a) | 3.224% (d) | 92,973 | 858,090 |
Volkswagen AG (Consumer Discretionary) | (a) | 2.302% (d) | 4,453 | 1,116,507 |
2,630,377 | ||||
Total Preferred Securities (Cost $2,624,761) | $ 2,630,377 |
Money Market Funds–1.9% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (e) | 9,702,086 | $ 9,704,997 |
State Street Institutional U.S. Government Money Market Fund, 0.025% | 3,185 | 3,185 | |
Total Money Market Funds (Cost $9,708,182) | $ 9,708,182 | ||
Total Investments – 98.3% (Cost $468,417,135) | (f) | $501,259,345 | |
Other Assets in Excess of Liabilities – 1.7% | (g) | 8,660,398 | |
Net Assets – 100.0% | $509,919,743 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Security traded on a foreign exchange has been valued at an estimate of fair value that is different than the local market close price. These fair value estimates are determined by an independent fair valuation service that has been approved by the Board. These securities represent $488,920,975 or 95.9% of the Portfolio’s net assets. | |
(b) | Non-income producing security. | |
(c) | As discussed in Note 2 of the Notes to Financial Statements, not all investments that are traded on a foreign exchange are valued at an estimate that is different from the local close price. In some instances, the independent fair valuation service uses a stock’s local close price because the service’s measure of predictability related to their valuation model of a stock is below a chosen threshold. These securities represent $1,673,728 or 0.3% of the Portfolio’s net assets. Other Portfolio securities are not subjected to fair valuation procedures because they are traded on domestic or foreign exchanges that have close times that are consistent with the U.S. market close, normally 4:00 pm Eastern Time. | |
(d) | Represents twelve-month dividend yield. Rates are determined by actual distributions, which are impacted by factors unique to each preference share such as board authorization, distributable earnings, and preferred payout features compared to other classes of equity. | |
(e) | Rate represents the seven-day yield at June 30, 2021. | |
(f) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(g) | Includes $689,990 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Ohio National Fund, Inc. | ON BlackRock Advantage International Equity Portfolio (Continued) |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
MSCI EAFE Index - Long | 88 | September 17, 2021 | $10,402,585 | $10,138,040 | $(264,545) | $(75,650) |
Ohio National Fund, Inc. | ON Janus Henderson Forty Portfolio (Unaudited) |
Average Annual returns | |
One year | 41.92% |
Five years | 24.20% |
Ten years | 17.86% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Janus Henderson Forty Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 100.4 |
Warrants (4) | 0.0 |
Money Market Funds Less Net Liabilities | (0.4) |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Microsoft Corp. | 9.0 |
2. | Amazon.com, Inc. | 8.6 |
3. | Facebook, Inc. Class A | 6.0 |
4. | Mastercard, Inc. Class A | 5.9 |
5. | Alphabet, Inc. Class C | 3.9 |
6. | Apple, Inc. | 3.8 |
7. | NVIDIA Corp. | 3.6 |
8. | Adobe, Inc. | 3.5 |
9. | Danaher Corp. | 3.3 |
10. | Snap, Inc. Class A | 3.2 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks, Warrants): |
% of Net Assets | |
Information Technology | 37.4 |
Communication Services | 19.9 |
Consumer Discretionary | 15.6 |
Health Care | 14.0 |
Industrials | 6.0 |
Materials | 4.4 |
Real Estate | 2.0 |
Financials | 1.1 |
100.4 |
Ohio National Fund, Inc. | ON Janus Henderson Forty Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–100.4% | Shares | Value | |
Communication Services–19.9% | |||
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 3,193 | $ 8,002,680 |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 36,117 | 12,558,242 |
Match Group, Inc. (Interactive Media & Svs.) | (a) | 19,641 | 3,167,111 |
Netflix, Inc. (Entertainment) | (a) | 8,712 | 4,601,766 |
Snap, Inc. Class A (Interactive Media & Svs.) | (a) | 97,742 | 6,660,140 |
T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | (a) | 29,016 | 4,202,387 |
Walt Disney Co. / The (Entertainment) | (a) | 11,669 | 2,051,060 |
41,243,386 | |||
Consumer Discretionary–15.6% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 5,194 | 17,868,191 |
Booking Holdings, Inc. (Internet & Direct Marketing Retail) | (a) | 2,386 | 5,220,783 |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 21,099 | 2,189,021 |
LVMH Moet Hennessy Louis Vuitton SE (Textiles, Apparel & Luxury Goods) | (b) | 6,102 | 4,800,180 |
NIKE, Inc. Class B (Textiles, Apparel & Luxury Goods) | 14,495 | 2,239,332 | |
32,317,507 | |||
Financials–1.1% | |||
Altimeter Growth Corp. Class A (Capital Markets) | (a) | 54,970 | 643,149 |
OneMain Holdings, Inc. (Consumer Finance) | 28,819 | 1,726,546 | |
2,369,695 | |||
Health Care–14.0% | |||
Accolade, Inc. (Health Care Providers & Svs.) | (a) | 22,299 | 1,211,058 |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 8,391 | 5,126,901 |
Ascendis Pharma A/S – ADR (Biotechnology) | (a) | 8,349 | 1,098,311 |
Boston Scientific Corp. (Health Care Equip. & Supplies) | (a) | 115,505 | 4,938,994 |
Cooper Cos., Inc. / The (Health Care Equip. & Supplies) | 8,634 | 3,421,395 | |
Danaher Corp. (Health Care Equip. & Supplies) | 25,239 | 6,773,138 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 10,366 | 4,426,282 |
Neurocrine Biosciences, Inc. (Biotechnology) | (a) | 20,246 | 1,970,341 |
28,966,420 | |||
Industrials–6.0% | |||
CoStar Group, Inc. (Professional Svs.) | (a) | 47,060 | 3,897,509 |
Howmet Aerospace, Inc. (Aerospace & Defense) | (a) | 118,039 | 4,068,804 |
L3Harris Technologies, Inc. (Aerospace & Defense) | 15,733 | 3,400,688 | |
Uber Technologies, Inc. (Road & Rail) | (a) | 21,637 | 1,084,447 |
12,451,448 |
Common Stocks (Continued) | Shares | Value | |
Information Technology–37.4% | |||
Adobe, Inc. (Software) | (a) | 12,365 | $ 7,241,439 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 56,926 | 7,796,585 | |
ASML Holding N.V. (Semiconductors & Equip.) | 9,319 | 6,437,938 | |
Atlassian Corp. PLC Class A (Software) | (a) | 8,937 | 2,295,558 |
Dlocal Ltd. (IT Svs.) | (a) | 22,956 | 1,205,879 |
Mastercard, Inc. Class A (IT Svs.) | 33,568 | 12,255,341 | |
Microsoft Corp. (Software) | 69,292 | 18,771,203 | |
NVIDIA Corp. (Semiconductors & Equip.) | 9,280 | 7,424,928 | |
Texas Instruments, Inc. (Semiconductors & Equip.) | 31,974 | 6,148,600 | |
Twilio, Inc. Class A (IT Svs.) | (a) | 8,296 | 3,269,951 |
Wix.com Ltd. (IT Svs.) | (a) | 8,696 | 2,524,275 |
Workday, Inc. Class A (Software) | (a) | 9,637 | 2,300,737 |
77,672,434 | |||
Materials–4.4% | |||
Crown Holdings, Inc. (Containers & Packaging) | 41,522 | 4,243,964 | |
Sherwin-Williams Co. / The (Chemicals) | 18,016 | 4,908,459 | |
9,152,423 | |||
Real Estate–2.0% | |||
American Tower Corp. (Equity REIT) | 15,376 | 4,153,673 | |
Total Common Stocks (Cost $119,861,310) | $208,326,986 |
Warrants –0.0% | Expiration | Strike Price | Quantity | Value | |
Financials–0.0% | |||||
Altimeter Growth Corp. (Capital Markets) | 09/30/2025 | $32.76 | 10,994 | $ 35,071 | |
Total Warrants (Cost $31,447) | $ 35,071 |
Money Market Funds–1.3% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (c) | 2,685,987 | $ 2,686,793 |
Total Money Market Funds (Cost $2,686,793) | $ 2,686,793 | ||
Total Investments – 101.7% (Cost $122,579,550) | (d) | $211,048,850 | |
Liabilities in Excess of Other Assets – (1.7)% | (3,513,896) | ||
Net Assets – 100.0% | $207,534,954 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
ADR: | American Depositary Receipts |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Security traded on a foreign exchange has been valued at an estimate of fair value that is different than the local market close price. These fair value estimates are determined by an independent fair valuation service that has been approved by the Board. These securities represent $4,800,180 or 2.3% of the Portfolio’s net assets. | |
(c) | Rate represents the seven-day yield at June 30, 2021. | |
(d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Unaudited) |
Average Annual returns | |
One year | 47.24% |
Five years | 17.59% |
Ten years | 14.58% |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Unaudited) (Continued) |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 98.5 |
Exchange Traded Funds | 0.5 |
Money Market Funds Less Net Liabilities | 1.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Trupanion, Inc. | 1.0 |
2. | Saia, Inc. | 1.0 |
3. | John Bean Technologies Corp. | 0.9 |
4. | Matador Resources Co. | 0.9 |
5. | Chart Industries, Inc. | 0.8 |
6. | Lattice Semiconductor Corp. | 0.8 |
7. | Texas Roadhouse, Inc. | 0.8 |
8. | Synaptics, Inc. | 0.8 |
9. | LHC Group, Inc. | 0.8 |
10. | SiteOne Landscape Supply, Inc. | 0.8 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Information Technology | 19.5 |
Health Care | 18.3 |
Industrials | 16.7 |
Consumer Discretionary | 15.7 |
Financials | 12.4 |
Real Estate | 4.5 |
Materials | 3.5 |
Consumer Staples | 3.4 |
Energy | 3.0 |
Utilities | 0.8 |
Communication Services | 0.7 |
98.5 |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–98.5% | Shares | Value | |
Communication Services–0.7% | |||
AMC Networks, Inc. Class A (Media) | (a) | 3,530 | $ 235,804 |
Cogent Communications Holdings, Inc. (Diversified Telecom. Svs.) | 3,530 | 271,422 | |
EW Scripps Co. / The Class A (Media) | 8,220 | 167,606 | |
Meredith Corp. (Media) | (a) | 5,710 | 248,042 |
Shenandoah Telecommunications Co. (Wireless Telecom. Svs.) | 4,140 | 200,831 | |
TechTarget, Inc. (Media) | (a) | 2,320 | 179,777 |
1,303,482 | |||
Consumer Discretionary–15.7% | |||
Abercrombie & Fitch Co. Class A (Specialty Retail) | (a) | 5,210 | 241,900 |
American Axle & Manufacturing Holdings, Inc. (Auto Components) | (a) | 19,150 | 198,203 |
Asbury Automotive Group, Inc. (Specialty Retail) | (a) | 1,700 | 291,329 |
Bed Bath & Beyond, Inc. (Specialty Retail) | (a) | 8,785 | 292,453 |
Big Lots, Inc. (Multiline Retail) | 2,840 | 187,468 | |
Bloomin' Brands, Inc. (Hotels, Restaurants & Leisure) | (a) | 6,750 | 183,195 |
Boot Barn Holdings, Inc. (Specialty Retail) | (a) | 2,520 | 211,806 |
Brinker International, Inc. (Hotels, Restaurants & Leisure) | (a) | 3,970 | 245,544 |
Buckle, Inc. / The (Specialty Retail) | 4,240 | 210,940 | |
Cavco Industries, Inc. (Household Durables) | (a) | 850 | 188,862 |
Century Communities, Inc. (Household Durables) | 2,400 | 159,696 | |
Cheesecake Factory, Inc. / The (Hotels, Restaurants & Leisure) | (a) | 3,690 | 199,924 |
Children's Place, Inc. / The (Specialty Retail) | (a) | 2,270 | 211,246 |
Core-Mark Holding Co., Inc. (Distributors) | 4,180 | 188,142 | |
Dave & Buster's Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 3,890 | 157,934 |
Designer Brands, Inc. Class A (Specialty Retail) | (a) | 10,040 | 166,162 |
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | (a) | 1,840 | 164,220 |
Dorman Products, Inc. (Auto Components) | (a) | 2,510 | 260,212 |
Fisker, Inc. (Automobiles) | (a) | 24,150 | 465,612 |
Five Below, Inc. (Specialty Retail) | (a) | 4,490 | 867,782 |
Floor & Decor Holdings, Inc. Class A (Specialty Retail) | (a) | 10,600 | 1,120,420 |
Fox Factory Holding Corp. (Auto Components) | (a) | 8,170 | 1,271,742 |
GameStop Corp. Class A (Specialty Retail) | (a) | 4,710 | 1,008,599 |
Gentherm, Inc. (Auto Components) | (a) | 2,750 | 195,388 |
G-III Apparel Group Ltd. (Textiles, Apparel & Luxury Goods) | (a) | 5,470 | 179,744 |
Group 1 Automotive, Inc. (Specialty Retail) | 1,410 | 217,746 | |
Guess?, Inc. (Specialty Retail) | 6,570 | 173,448 | |
Haverty Furniture Cos., Inc. (Specialty Retail) | 3,820 | 163,343 | |
Hayward Holdings, Inc. (Leisure Products) | (a) | 40,880 | 1,063,698 |
Hibbett, Inc. (Specialty Retail) | 2,240 | 200,771 | |
Hilton Grand Vacations, Inc. (Hotels, Restaurants & Leisure) | (a) | 19,360 | 801,310 |
Installed Building Products, Inc. (Household Durables) | 10,300 | 1,260,308 | |
iRobot Corp. (Household Durables) | (a) | 2,450 | 228,806 |
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 3,960 | 223,384 | |
LCI Industries (Auto Components) | 2,180 | 286,496 | |
LGI Homes, Inc. (Household Durables) | (a) | 1,930 | 312,544 |
Lithia Motors, Inc. Class A (Specialty Retail) | 3,360 | 1,154,630 | |
Lovesac Co. / The (Household Durables) | (a) | 11,093 | 885,110 |
M.D.C. Holdings, Inc. (Household Durables) | 4,850 | 245,410 | |
M/I Homes, Inc. (Household Durables) | (a) | 2,550 | 149,609 |
Macy's, Inc. (Multiline Retail) | (a) | 26,800 | 508,128 |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
MarineMax, Inc. (Specialty Retail) | (a) | 3,640 | $ 177,414 |
Meritage Homes Corp. (Household Durables) | (a) | 3,170 | 298,234 |
Monarch Casino & Resort, Inc. (Hotels, Restaurants & Leisure) | (a) | 2,358 | 156,029 |
Monro, Inc. (Specialty Retail) | 2,770 | 175,923 | |
National Vision Holdings, Inc. (Specialty Retail) | (a) | 10,380 | 530,729 |
ODP Corp. / The (Specialty Retail) | (a) | 4,400 | 211,244 |
Patrick Industries, Inc. (Auto Components) | 1,980 | 144,540 | |
Planet Fitness, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 9,200 | 692,300 |
RealReal, Inc. / The (Internet & Direct Marketing Retail) | (a) | 33,320 | 658,403 |
Rent-A-Center, Inc. (Specialty Retail) | 4,917 | 260,945 | |
Sally Beauty Holdings, Inc. (Specialty Retail) | (a) | 9,740 | 214,962 |
Shake Shack, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 3,100 | 331,762 |
Shutterstock, Inc. (Internet & Direct Marketing Retail) | 2,040 | 200,267 | |
Signet Jewelers Ltd. (Specialty Retail) | (a) | 4,460 | 360,323 |
Skyline Champion Corp. (Household Durables) | (a) | 19,660 | 1,047,878 |
Sleep Number Corp. (Specialty Retail) | (a) | 12,030 | 1,322,698 |
Sonic Automotive, Inc. Class A (Specialty Retail) | 3,600 | 161,064 | |
Stamps.com, Inc. (Internet & Direct Marketing Retail) | (a) | 1,560 | 312,452 |
Steven Madden Ltd. (Textiles, Apparel & Luxury Goods) | 6,550 | 286,628 | |
Sturm Ruger & Co., Inc. (Leisure Products) | 2,740 | 246,545 | |
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 15,060 | 1,448,772 | |
Tupperware Brands Corp. (Household Durables) | (a) | 7,290 | 173,138 |
Vista Outdoor, Inc. (Leisure Products) | (a) | 5,450 | 252,226 |
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 6,560 | 1,034,053 | |
Winnebago Industries, Inc. (Automobiles) | 2,890 | 196,404 | |
Wolverine World Wide, Inc. (Textiles, Apparel & Luxury Goods) | 7,240 | 243,554 | |
27,881,751 | |||
Consumer Staples–3.4% | |||
B&G Foods, Inc. (Food Products) | 6,090 | 199,752 | |
Calavo Growers, Inc. (Food Products) | 2,270 | 143,963 | |
Cal-Maine Foods, Inc. (Food Products) | 4,760 | 172,360 | |
Celsius Holdings, Inc. (Beverages) | (a) | 3,100 | 235,879 |
Central Garden & Pet Co. Class A (Household Products) | (a) | 3,610 | 174,363 |
Chefs' Warehouse, Inc. / The (Food & Staples Retailing) | (a) | 20,110 | 640,101 |
Coca-Cola Consolidated, Inc. (Beverages) | 610 | 245,299 | |
Edgewell Personal Care Co. (Personal Products) | 4,650 | 204,135 | |
Fresh Del Monte Produce, Inc. (Food Products) | 6,300 | 207,144 | |
Freshpet, Inc. (Food Products) | (a) | 6,900 | 1,124,424 |
Honest Co., Inc. / The (Personal Products) | (a) | 7,090 | 114,787 |
Inter Parfums, Inc. (Personal Products) | 2,410 | 173,520 | |
J & J Snack Foods Corp. (Food Products) | 1,300 | 226,733 | |
Medifast, Inc. (Personal Products) | 1,020 | 288,640 | |
National Beverage Corp. (Beverages) | 3,660 | 172,862 | |
PriceSmart, Inc. (Food & Staples Retailing) | 1,960 | 178,380 | |
Simply Good Foods Co. / The (Food Products) | (a) | 7,200 | 262,872 |
United Natural Foods, Inc. (Food & Staples Retailing) | (a) | 4,820 | 178,244 |
USANA Health Sciences, Inc. (Personal Products) | (a) | 1,970 | 201,787 |
Vector Group Ltd. (Tobacco) | 13,620 | 192,587 |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Consumer Staples (continued) | |||
Vital Farms, Inc. (Food Products) | (a) | 20,500 | $ 409,180 |
WD-40 Co. (Household Products) | 1,140 | 292,170 | |
6,039,182 | |||
Energy–3.0% | |||
Archrock, Inc. (Energy Equip. & Svs.) | 19,030 | 169,557 | |
Callon Petroleum Co. (Oil, Gas & Consumable Fuels) | (a) | 4,750 | 274,028 |
Core Laboratories N.V. (Energy Equip. & Svs.) | 6,310 | 245,775 | |
Dril-Quip, Inc. (Energy Equip. & Svs.) | (a) | 5,800 | 196,214 |
Green Plains, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5,960 | 200,375 |
Helmerich & Payne, Inc. (Energy Equip. & Svs.) | 9,010 | 293,996 | |
Matador Resources Co. (Oil, Gas & Consumable Fuels) | 41,780 | 1,504,498 | |
Oceaneering International, Inc. (Energy Equip. & Svs.) | (a) | 11,190 | 174,228 |
Patterson-UTI Energy, Inc. (Energy Equip. & Svs.) | 26,290 | 261,323 | |
PBF Energy, Inc. Class A (Oil, Gas & Consumable Fuels) | (a) | 12,530 | 191,709 |
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 8,760 | 401,120 | |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 21,720 | 364,027 |
Renewable Energy Group, Inc. (Oil, Gas & Consumable Fuels) | (a) | 3,840 | 239,386 |
RPC, Inc. (Energy Equip. & Svs.) | (a) | 36,570 | 181,022 |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 11,250 | 277,087 | |
Southwestern Energy Co. (Oil, Gas & Consumable Fuels) | (a) | 54,100 | 306,747 |
5,281,092 | |||
Financials–12.4% | |||
American Equity Investment Life Holding Co. (Insurance) | 7,460 | 241,107 | |
Ameris Bancorp (Banks) | 5,910 | 299,223 | |
Apollo Commercial Real Estate Finance, Inc. (Mortgage REIT) | 11,680 | 186,296 | |
Assured Guaranty Ltd. (Insurance) | 6,640 | 315,267 | |
Axos Financial, Inc. (Thrifts & Mortgage Finance) | (a) | 4,330 | 200,869 |
B Riley Financial, Inc. (Capital Markets) | 2,490 | 187,995 | |
BancFirst Corp. (Banks) | 2,560 | 159,821 | |
Bancorp, Inc. / The (Banks) | (a) | 7,170 | 164,982 |
BankUnited, Inc. (Banks) | 8,010 | 341,947 | |
Banner Corp. (Banks) | 3,130 | 169,677 | |
Berkshire Hills Bancorp, Inc. (Banks) | 8,010 | 219,554 | |
Brightsphere Investment Group, Inc. (Capital Markets) | 7,890 | 184,863 | |
Brookline Bancorp, Inc. (Banks) | 11,040 | 165,048 | |
Cadence BanCorp (Banks) | 10,380 | 216,734 | |
Capitol Federal Financial, Inc. (Thrifts & Mortgage Finance) | 13,750 | 161,975 | |
Columbia Banking System, Inc. (Banks) | 6,120 | 235,987 | |
Community Bank System, Inc. (Banks) | 4,580 | 346,477 | |
Customers Bancorp, Inc. (Banks) | (a) | 5,150 | 200,799 |
CVB Financial Corp. (Banks) | 10,890 | 224,225 | |
Dime Community Bancshares, Inc. (Banks) | 5,370 | 180,539 | |
Eagle Bancorp, Inc. (Banks) | 3,330 | 186,746 | |
eHealth, Inc. (Insurance) | (a) | 2,510 | 146,584 |
Employers Holdings, Inc. (Insurance) | 4,390 | 187,892 | |
Encore Capital Group, Inc. (Consumer Finance) | (a) | 4,520 | 214,203 |
Enova International, Inc. (Consumer Finance) | (a) | 5,190 | 177,550 |
FB Financial Corp. (Banks) | 4,240 | 158,237 | |
First BanCorp (Banks) | 18,380 | 219,090 | |
First Commonwealth Financial Corp. (Banks) | 12,260 | 172,498 | |
First Financial Bancorp (Banks) | 7,980 | 188,567 | |
First Financial Bankshares, Inc. (Banks) | 26,280 | 1,291,136 |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
First Hawaiian, Inc. (Banks) | 11,000 | $ 311,740 | |
First Midwest Bancorp, Inc. (Banks) | 10,170 | 201,671 | |
Flagstar Bancorp, Inc. (Thrifts & Mortgage Finance) | 4,200 | 177,534 | |
Genworth Financial, Inc. Class A (Insurance) | (a) | 41,820 | 163,098 |
Great Western Bancorp, Inc. (Banks) | 5,380 | 176,410 | |
Green Dot Corp. Class A (Consumer Finance) | (a) | 4,660 | 218,321 |
Hilltop Holdings, Inc. (Banks) | 5,550 | 202,020 | |
Hope Bancorp, Inc. (Banks) | 11,840 | 167,891 | |
Houlihan Lokey, Inc. (Capital Markets) | 12,710 | 1,039,551 | |
Independent Bank Corp. (Banks) | 2,820 | 212,910 | |
Independent Bank Group, Inc. (Banks) | 3,060 | 226,379 | |
Investors Bancorp, Inc. (Banks) | 19,420 | 276,929 | |
KKR Real Estate Finance Trust, Inc. (Mortgage REIT) | 8,420 | 182,125 | |
Live Oak Bancshares, Inc. (Banks) | 13,740 | 810,660 | |
Meta Financial Group, Inc. (Thrifts & Mortgage Finance) | 3,610 | 182,774 | |
Mr. Cooper Group, Inc. (Thrifts & Mortgage Finance) | (a) | 6,180 | 204,311 |
National Bank Holdings Corp. Class A (Banks) | 4,450 | 167,943 | |
NBT Bancorp, Inc. (Banks) | 4,690 | 168,699 | |
New York Mortgage Trust, Inc. (Mortgage REIT) | 38,720 | 173,078 | |
NMI Holdings, Inc. Class A (Thrifts & Mortgage Finance) | (a) | 7,570 | 170,174 |
Northwest Bancshares, Inc. (Thrifts & Mortgage Finance) | 12,660 | 172,682 | |
Old National Bancorp (Banks) | 14,100 | 248,301 | |
Pacific Premier Bancorp, Inc. (Banks) | 8,070 | 341,280 | |
Palomar Holdings, Inc. (Insurance) | (a) | 2,530 | 190,914 |
Park National Corp. (Banks) | 1,420 | 166,736 | |
PennyMac Mortgage Investment Trust (Mortgage REIT) | 8,860 | 186,592 | |
Piper Sandler Cos. (Capital Markets) | 1,530 | 198,227 | |
PRA Group, Inc. (Consumer Finance) | (a) | 4,720 | 181,578 |
ProAssurance Corp. (Insurance) | 7,110 | 161,753 | |
Provident Financial Services, Inc. (Thrifts & Mortgage Finance) | 7,540 | 172,591 | |
Redwood Trust, Inc. (Mortgage REIT) | 16,000 | 193,120 | |
Renasant Corp. (Banks) | 4,640 | 185,600 | |
S&T Bancorp, Inc. (Banks) | 5,390 | 168,707 | |
Safety Insurance Group, Inc. (Insurance) | 2,170 | 169,868 | |
Seacoast Banking Corp. of Florida (Banks) | 4,890 | 166,994 | |
SelectQuote, Inc. (Insurance) | (a) | 25,968 | 500,144 |
ServisFirst Bancshares, Inc. (Banks) | 3,930 | 267,161 | |
Simmons First National Corp. Class A (Banks) | 9,350 | 274,329 | |
SiriusPoint Ltd. (Insurance) | (a) | 16,800 | 169,176 |
Southside Bancshares, Inc. (Banks) | 4,430 | 169,359 | |
Stewart Information Services Corp. (Insurance) | 3,030 | 171,771 | |
Stifel Financial Corp. (Capital Markets) | 16,840 | 1,092,242 | |
StoneX Group, Inc. (Capital Markets) | (a) | 2,800 | 169,876 |
Trean Insurance Group, Inc. (Insurance) | (a) | 16,830 | 253,796 |
Triumph Bancorp, Inc. (Banks) | (a) | 2,360 | 175,244 |
Trupanion, Inc. (Insurance) | (a) | 15,460 | 1,779,446 |
Two Harbors Investment Corp. (Mortgage REIT) | 22,520 | 170,251 | |
United Community Banks, Inc. (Banks) | 7,600 | 243,276 | |
Veritex Holdings, Inc. (Banks) | 5,260 | 186,257 | |
Virtus Investment Partners, Inc. (Capital Markets) | 650 | 180,551 | |
Walker & Dunlop, Inc. (Thrifts & Mortgage Finance) | 2,560 | 267,213 | |
WSFS Financial Corp. (Thrifts & Mortgage Finance) | 4,170 | 194,280 | |
21,949,421 |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Health Care–18.3% | |||
ADC Therapeutics SA (Biotechnology) | (a) | 16,580 | $ 403,723 |
Addus HomeCare Corp. (Health Care Providers & Svs.) | (a) | 1,680 | 146,563 |
Allakos, Inc. (Biotechnology) | (a) | 5,130 | 437,948 |
Allogene Therapeutics, Inc. (Biotechnology) | (a) | 16,819 | 438,640 |
Allovir, Inc. (Biotechnology) | (a) | 12,660 | 249,908 |
Allscripts Healthcare Solutions, Inc. (Health Care Technology) | (a) | 11,420 | 211,384 |
AMN Healthcare Services, Inc. (Health Care Providers & Svs.) | (a) | 4,030 | 390,829 |
Annexon, Inc. (Biotechnology) | (a) | 15,120 | 340,351 |
Apollo Medical Holdings, Inc. (Health Care Providers & Svs.) | (a) | 3,898 | 244,833 |
Ascendis Pharma A/S – ADR (Biotechnology) | (a) | 3,117 | 410,041 |
AtriCure, Inc. (Health Care Equip. & Supplies) | (a) | 14,360 | 1,139,179 |
Avanos Medical, Inc. (Health Care Equip. & Supplies) | (a) | 4,106 | 149,335 |
Beyondspring, Inc. (Biotechnology) | (a) | 29,600 | 309,024 |
Biohaven Pharmaceutical Holding Co. Ltd. (Biotechnology) | (a) | 7,400 | 718,392 |
Bioxcel Therapeutics, Inc. (Biotechnology) | (a) | 8,950 | 260,087 |
Blueprint Medicines Corp. (Biotechnology) | (a) | 7,510 | 660,580 |
Cardiovascular Systems, Inc. (Health Care Equip. & Supplies) | (a) | 4,410 | 188,087 |
Certara, Inc. (Health Care Technology) | (a) | 22,730 | 643,941 |
Coherus Biosciences, Inc. (Biotechnology) | (a) | 23,670 | 327,356 |
Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 15,940 | 246,114 |
CONMED Corp. (Health Care Equip. & Supplies) | 2,520 | 346,324 | |
Corcept Therapeutics, Inc. (Pharmaceuticals) | (a) | 9,360 | 205,920 |
CorVel Corp. (Health Care Providers & Svs.) | (a) | 1,520 | 204,136 |
Covetrus, Inc. (Health Care Providers & Svs.) | (a) | 8,680 | 234,360 |
Eagle Pharmaceuticals, Inc. (Biotechnology) | (a) | 4,357 | 186,480 |
Eargo, Inc. (Health Care Equip. & Supplies) | (a) | 13,744 | 548,523 |
Endo International PLC (Pharmaceuticals) | (a) | 31,010 | 145,127 |
Ensign Group, Inc. / The (Health Care Providers & Svs.) | 4,350 | 377,014 | |
FIGS, Inc. Class A (Health Care Equip. & Supplies) | (a) | 16,031 | 803,153 |
Fulgent Genetics, Inc. (Health Care Providers & Svs.) | (a) | 2,310 | 213,051 |
Glaukos Corp. (Health Care Equip. & Supplies) | (a) | 3,959 | 335,842 |
Health Catalyst, Inc. (Health Care Technology) | (a) | 19,670 | 1,091,882 |
Heska Corp. (Health Care Equip. & Supplies) | (a) | 969 | 222,608 |
Inari Medical, Inc. (Health Care Equip. & Supplies) | (a) | 11,650 | 1,086,712 |
Inogen, Inc. (Health Care Equip. & Supplies) | (a) | 2,720 | 177,262 |
Insmed, Inc. (Biotechnology) | (a) | 18,259 | 519,651 |
Instil Bio, Inc. (Biotechnology) | (a) | 20,610 | 398,185 |
Integer Holdings Corp. (Health Care Equip. & Supplies) | (a) | 2,840 | 267,528 |
Intellia Therapeutics, Inc. (Biotechnology) | (a) | 6,570 | 1,063,749 |
iTeos Therapeutics, Inc. (Biotechnology) | (a) | 13,230 | 339,349 |
Lantheus Holdings, Inc. (Health Care Equip. & Supplies) | (a) | 7,500 | 207,300 |
Legend Biotech Corp. – ADR (Biotechnology) | (a) | 10,060 | 412,963 |
LHC Group, Inc. (Health Care Providers & Svs.) | (a) | 6,790 | 1,359,765 |
Luminex Corp. (Life Sciences Tools & Svs.) | 4,840 | 178,112 | |
Magellan Health, Inc. (Health Care Providers & Svs.) | (a) | 1,890 | 178,038 |
MEDNAX, Inc. (Health Care Providers & Svs.) | (a) | 7,430 | 224,015 |
Merit Medical Systems, Inc. (Health Care Equip. & Supplies) | (a) | 4,190 | 270,925 |
Mesa Laboratories, Inc. (Health Care Equip. & Supplies) | 710 | 192,531 | |
ModivCare, Inc. (Health Care Providers & Svs.) | (a) | 1,273 | 216,499 |
Myriad Genetics, Inc. (Biotechnology) | (a) | 6,470 | 197,853 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
NeoGenomics, Inc. (Life Sciences Tools & Svs.) | (a) | 10,157 | $ 458,792 |
NextGen Healthcare, Inc. (Health Care Technology) | (a) | 9,710 | 161,089 |
Omnicell, Inc. (Health Care Technology) | (a) | 3,680 | 557,336 |
Organogenesis Holdings, Inc. (Biotechnology) | (a) | 14,662 | 243,682 |
Outset Medical, Inc. (Health Care Equip. & Supplies) | (a) | 14,370 | 718,213 |
Owens & Minor, Inc. (Health Care Providers & Svs.) | 6,400 | 270,912 | |
Pacira BioSciences, Inc. (Pharmaceuticals) | (a) | 3,660 | 222,089 |
Praxis Precision Medicines, Inc. (Biotechnology) | (a) | 14,460 | 264,329 |
Prestige Consumer Healthcare, Inc. (Pharmaceuticals) | (a) | 4,080 | 212,568 |
RadNet, Inc. (Health Care Providers & Svs.) | (a) | 7,950 | 267,835 |
Recursion Pharmaceuticals, Inc. Class A (Biotechnology) | (a) | 12,690 | 463,185 |
REGENXBIO, Inc. (Biotechnology) | (a) | 5,120 | 198,912 |
Relay Therapeutics, Inc. (Biotechnology) | (a) | 11,610 | 424,810 |
Repligen Corp. (Life Sciences Tools & Svs.) | (a) | 4,710 | 940,210 |
Revance Therapeutics, Inc. (Pharmaceuticals) | (a) | 16,130 | 478,093 |
Select Medical Holdings Corp. (Health Care Providers & Svs.) | 9,420 | 398,089 | |
Silk Road Medical, Inc. (Health Care Equip. & Supplies) | (a) | 12,060 | 577,192 |
Simulations Plus, Inc. (Health Care Technology) | 2,810 | 154,297 | |
Supernus Pharmaceuticals, Inc. (Pharmaceuticals) | (a) | 5,840 | 179,814 |
Surmodics, Inc. (Health Care Equip. & Supplies) | (a) | 3,320 | 180,110 |
Tivity Health, Inc. (Health Care Providers & Svs.) | (a) | 7,350 | 193,379 |
Treace Medical Concepts, Inc. (Health Care Equip. & Supplies) | (a) | 17,453 | 545,581 |
Turning Point Therapeutics, Inc. (Biotechnology) | (a) | 7,210 | 562,524 |
Twist Bioscience Corp. (Biotechnology) | (a) | 7,870 | 1,048,677 |
U.S. Physical Therapy, Inc. (Health Care Providers & Svs.) | 1,580 | 183,075 | |
Ultragenyx Pharmaceutical, Inc. (Biotechnology) | (a) | 6,420 | 612,147 |
Vericel Corp. (Biotechnology) | (a) | 3,990 | 209,475 |
Vir Biotechnology, Inc. (Biotechnology) | (a) | 11,260 | 532,373 |
Xencor, Inc. (Biotechnology) | (a) | 5,010 | 172,795 |
Y-mAbs Therapeutics, Inc. (Biotechnology) | (a) | 12,540 | 423,852 |
Zentalis Pharmaceuticals, Inc. (Biotechnology) | (a) | 8,560 | 455,392 |
32,431,999 | |||
Industrials–16.7% | |||
AAON, Inc. (Building Products) | 3,530 | 220,943 | |
AAR Corp. (Aerospace & Defense) | (a) | 4,420 | 171,275 |
ABM Industries, Inc. (Commercial Svs. & Supplies) | 5,880 | 260,778 | |
ACV Auctions, Inc. Class A (Commercial Svs. & Supplies) | (a) | 19,610 | 502,604 |
Aerojet Rocketdyne Holdings, Inc. (Aerospace & Defense) | 6,090 | 294,086 | |
AeroVironment, Inc. (Aerospace & Defense) | (a) | 1,930 | 193,289 |
Alamo Group, Inc. (Machinery) | 1,130 | 172,528 | |
Albany International Corp. Class A (Machinery) | 2,590 | 231,183 | |
Allegiant Travel Co. (Airlines) | (a) | 1,130 | 219,220 |
American Woodmark Corp. (Building Products) | (a) | 2,120 | 173,196 |
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 3,340 | 304,140 |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
ArcBest Corp. (Road & Rail) | 2,440 | $ 141,984 | |
Arcosa, Inc. (Construction & Engineering) | 4,130 | 242,596 | |
Atlas Air Worldwide Holdings, Inc. (Air Freight & Logistics) | (a) | 2,620 | 178,448 |
Axon Enterprise, Inc. (Aerospace & Defense) | (a) | 5,390 | 952,952 |
AZEK Co., Inc. / The (Building Products) | (a) | 22,150 | 940,489 |
AZZ, Inc. (Electrical Equip.) | 3,380 | 175,016 | |
Barnes Group, Inc. (Machinery) | 3,920 | 200,900 | |
Boise Cascade Co. (Trading Companies & Distributors) | 3,460 | 201,891 | |
Brady Corp. Class A (Commercial Svs. & Supplies) | 4,230 | 237,049 | |
Chart Industries, Inc. (Machinery) | (a) | 10,050 | 1,470,516 |
Comfort Systems, U.S.A., Inc. (Construction & Engineering) | 3,020 | 237,946 | |
CoreCivic, Inc. (Commercial Svs. & Supplies) | (a) | 16,450 | 172,231 |
Deluxe Corp. (Commercial Svs. & Supplies) | 4,040 | 192,991 | |
Driven Brands Holdings, Inc. (Commercial Svs. & Supplies) | (a) | 35,960 | 1,111,883 |
Encore Wire Corp. (Electrical Equip.) | 2,380 | 180,380 | |
Enerpac Tool Group Corp. (Machinery) | 6,680 | 177,822 | |
EnPro Industries, Inc. (Machinery) | 2,070 | 201,100 | |
ESCO Technologies, Inc. (Machinery) | 2,290 | 214,825 | |
Exponent, Inc. (Professional Svs.) | 4,430 | 395,200 | |
Federal Signal Corp. (Machinery) | 5,150 | 207,184 | |
Forward Air Corp. (Air Freight & Logistics) | 2,420 | 217,195 | |
Franklin Electric Co., Inc. (Machinery) | 3,280 | 264,434 | |
Gibraltar Industries, Inc. (Building Products) | (a) | 2,710 | 206,800 |
GMS, Inc. (Trading Companies & Distributors) | (a) | 4,070 | 195,930 |
Granite Construction, Inc. (Construction & Engineering) | 4,660 | 193,530 | |
Greenbrier Cos., Inc. / The (Machinery) | 3,760 | 163,861 | |
Griffon Corp. (Building Products) | 6,550 | 167,877 | |
Harsco Corp. (Commercial Svs. & Supplies) | (a) | 9,910 | 202,362 |
Heartland Express, Inc. (Road & Rail) | 9,560 | 163,763 | |
Hillenbrand, Inc. (Machinery) | 6,520 | 287,402 | |
HNI Corp. (Commercial Svs. & Supplies) | 4,200 | 184,674 | |
Hub Group, Inc. Class A (Air Freight & Logistics) | (a) | 2,970 | 195,961 |
Hydrofarm Holdings Group, Inc. (Machinery) | (a) | 14,214 | 840,190 |
ITT, Inc. (Machinery) | 11,028 | 1,010,055 | |
John Bean Technologies Corp. (Machinery) | 11,680 | 1,665,802 | |
Kaman Corp. (Aerospace & Defense) | 3,330 | 167,832 | |
Korn Ferry (Professional Svs.) | 4,710 | 341,710 | |
Lindsay Corp. (Machinery) | 1,070 | 176,850 | |
Lydall, Inc. (Machinery) | (a) | 2,880 | 174,298 |
ManTech International Corp. Class A (Professional Svs.) | 2,290 | 198,177 | |
Matson, Inc. (Marine) | 3,810 | 243,840 | |
Matthews International Corp. Class A (Commercial Svs. & Supplies) | 4,290 | 154,268 | |
Meritor, Inc. (Machinery) | (a) | 6,570 | 153,869 |
Middleby Corp. / The (Machinery) | (a) | 6,260 | 1,084,608 |
Moog, Inc. Class A (Aerospace & Defense) | 2,460 | 206,788 | |
Mueller Industries, Inc. (Machinery) | 4,750 | 205,722 | |
MYR Group, Inc. (Construction & Engineering) | (a) | 2,280 | 207,298 |
Pitney Bowes, Inc. (Commercial Svs. & Supplies) | 23,790 | 208,638 | |
Proto Labs, Inc. (Machinery) | (a) | 2,380 | 218,484 |
Raven Industries, Inc. (Industrial Conglomerates) | 4,370 | 252,804 | |
Resideo Technologies, Inc. (Building Products) | (a) | 12,440 | 373,200 |
Saia, Inc. (Road & Rail) | (a) | 8,210 | 1,719,913 |
Shoals Technologies Group, Inc. Class A (Electrical Equip.) | (a) | 21,880 | 776,740 |
Simpson Manufacturing Co., Inc. (Building Products) | 11,410 | 1,260,120 | |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 7,970 | 1,349,002 |
SkyWest, Inc. (Airlines) | (a) | 4,290 | 184,770 |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
SPX Corp. (Machinery) | (a) | 3,807 | $ 232,532 |
SPX FLOW, Inc. (Machinery) | 3,740 | 243,998 | |
Standex International Corp. (Machinery) | 1,870 | 177,482 | |
Tennant Co. (Machinery) | 2,250 | 179,662 | |
Tetra Tech, Inc. (Commercial Svs. & Supplies) | 10,260 | 1,252,130 | |
U.S. Ecology, Inc. (Commercial Svs. & Supplies) | (a) | 4,190 | 157,209 |
UFP Industries, Inc. (Building Products) | 5,290 | 393,259 | |
UniFirst Corp. (Commercial Svs. & Supplies) | 1,270 | 297,993 | |
Vicor Corp. (Electrical Equip.) | (a) | 1,930 | 204,078 |
Watts Water Technologies, Inc. Class A (Machinery) | 2,280 | 332,675 | |
29,666,430 | |||
Information Technology–19.5% | |||
3D Systems Corp. (Tech. Hardware, Storage & Periph.) | (a) | 10,730 | 428,878 |
8x8, Inc. (Software) | (a) | 9,319 | 258,695 |
ADTRAN, Inc. (Communications Equip.) | 10,400 | 214,760 | |
Advanced Energy Industries, Inc. (Electronic Equip., Instr. & Comp.) | 3,220 | 362,926 | |
Agilysys, Inc. (Software) | (a) | 3,530 | 200,751 |
Alarm.com Holdings, Inc. (Software) | (a) | 3,760 | 318,472 |
Allegro MicroSystems, Inc. (Semiconductors & Equip.) | (a) | 33,060 | 915,762 |
Ambarella, Inc. (Semiconductors & Equip.) | (a) | 7,122 | 759,419 |
Anaplan, Inc. (Software) | (a) | 1,680 | 89,544 |
Axcelis Technologies, Inc. (Semiconductors & Equip.) | (a) | 4,280 | 172,998 |
Badger Meter, Inc. (Electronic Equip., Instr. & Comp.) | 2,470 | 242,356 | |
BigCommerce Holdings, Inc. (IT Svs.) | (a) | 14,980 | 972,502 |
Blackline, Inc. (Software) | (a) | 8,800 | 979,176 |
Bottomline Technologies DE, Inc. (Software) | (a) | 4,680 | 173,534 |
Cohu, Inc. (Semiconductors & Equip.) | (a) | 4,440 | 163,348 |
CSG Systems International, Inc. (IT Svs.) | 3,860 | 182,115 | |
DigitalOcean Holdings, Inc. (IT Svs.) | (a) | 13,460 | 748,241 |
Diodes, Inc. (Semiconductors & Equip.) | (a) | 3,700 | 295,149 |
Duck Creek Technologies, Inc. (Software) | (a) | 17,560 | 764,036 |
Ebix, Inc. (Software) | 5,090 | 172,551 | |
Everbridge, Inc. (Software) | (a) | 6,327 | 860,978 |
EVERTEC, Inc. (IT Svs.) | 5,340 | 233,091 | |
ExlService Holdings, Inc. (IT Svs.) | (a) | 2,890 | 307,091 |
Extreme Networks, Inc. (Communications Equip.) | (a) | 15,620 | 174,319 |
Fabrinet (Electronic Equip., Instr. & Comp.) | (a) | 3,110 | 298,156 |
FARO Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 2,340 | 181,982 |
FormFactor, Inc. (Semiconductors & Equip.) | (a) | 6,810 | 248,293 |
Ichor Holdings Ltd. (Semiconductors & Equip.) | (a) | 3,190 | 171,622 |
II-VI, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 14,870 | 1,079,413 |
Insight Enterprises, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 3,010 | 301,030 |
InterDigital, Inc. (Software) | 2,560 | 186,957 | |
Itron, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 3,750 | 374,925 |
Knowles Corp. (Electronic Equip., Instr. & Comp.) | (a) | 8,500 | 167,790 |
Kulicke & Soffa Industries, Inc. (Semiconductors & Equip.) | 5,310 | 324,972 | |
Lattice Semiconductor Corp. (Semiconductors & Equip.) | (a) | 25,980 | 1,459,556 |
Littelfuse, Inc. (Electronic Equip., Instr. & Comp.) | 3,920 | 998,777 | |
LivePerson, Inc. (Software) | (a) | 5,529 | 349,654 |
MACOM Technology Solutions Holdings, Inc. (Semiconductors & Equip.) | (a) | 14,880 | 953,510 |
Manhattan Associates, Inc. (Software) | (a) | 8,420 | 1,219,553 |
MaxLinear, Inc. (Semiconductors & Equip.) | (a) | 5,930 | 251,966 |
Methode Electronics, Inc. (Electronic Equip., Instr. & Comp.) | 3,960 | 194,872 |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
MicroStrategy, Inc. Class A (Software) | (a) | 650 | $ 431,925 |
MKS Instruments, Inc. (Semiconductors & Equip.) | 5,010 | 891,529 | |
NETGEAR, Inc. (Communications Equip.) | (a) | 4,780 | 183,170 |
Novanta, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 8,505 | 1,146,134 |
OneSpan, Inc. (Software) | (a) | 6,630 | 169,330 |
Onto Innovation, Inc. (Semiconductors & Equip.) | (a) | 4,150 | 303,116 |
OSI Systems, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 1,837 | 186,713 |
PC Connection, Inc. (Electronic Equip., Instr. & Comp.) | 3,920 | 181,378 | |
Perficient, Inc. (IT Svs.) | (a) | 2,710 | 217,938 |
Plantronics, Inc. (Communications Equip.) | (a) | 4,170 | 174,014 |
Plexus Corp. (Electronic Equip., Instr. & Comp.) | (a) | 2,500 | 228,525 |
Power Integrations, Inc. (Semiconductors & Equip.) | 5,150 | 422,609 | |
Progress Software Corp. (Software) | 4,070 | 188,237 | |
Rambus, Inc. (Semiconductors & Equip.) | (a) | 9,360 | 221,926 |
Rapid7, Inc. (Software) | (a) | 10,470 | 990,776 |
Rogers Corp. (Electronic Equip., Instr. & Comp.) | (a) | 1,630 | 327,304 |
Sanmina Corp. (Electronic Equip., Instr. & Comp.) | (a) | 5,660 | 220,514 |
Semtech Corp. (Semiconductors & Equip.) | (a) | 17,450 | 1,200,560 |
Shift4 Payments, Inc. Class A (IT Svs.) | (a) | 12,782 | 1,197,929 |
Silicon Laboratories, Inc. (Semiconductors & Equip.) | (a) | 7,040 | 1,078,880 |
SMART Global Holdings, Inc. (Semiconductors & Equip.) | (a) | 3,850 | 183,568 |
Smartsheet, Inc. Class A (Software) | (a) | 13,160 | 951,731 |
SPS Commerce, Inc. (Software) | (a) | 3,120 | 311,532 |
Sykes Enterprises, Inc. (IT Svs.) | (a) | 4,050 | 217,485 |
Synaptics, Inc. (Semiconductors & Equip.) | (a) | 9,200 | 1,431,336 |
TTEC Holdings, Inc. (IT Svs.) | 1,750 | 180,408 | |
TTM Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 11,850 | 169,455 |
Ultra Clean Holdings, Inc. (Semiconductors & Equip.) | (a) | 3,830 | 205,748 |
Unisys Corp. (IT Svs.) | (a) | 7,400 | 187,294 |
Varonis Systems, Inc. (Software) | (a) | 21,210 | 1,222,120 |
Viavi Solutions, Inc. (Communications Equip.) | (a) | 19,550 | 345,253 |
Vonage Holdings Corp. (Diversified Telecom. Svs.) | (a) | 19,669 | 283,430 |
Xperi Holding Corp. (Software) | 8,650 | 192,376 | |
34,597,963 | |||
Materials–3.5% | |||
Allegheny Technologies, Inc. (Metals & Mining) | (a) | 10,700 | 223,095 |
Arconic Corp. (Metals & Mining) | (a) | 8,080 | 287,810 |
Balchem Corp. (Chemicals) | 2,790 | 366,215 | |
Carpenter Technology Corp. (Metals & Mining) | 4,690 | 188,632 | |
Domtar Corp. (Paper & Forest Products) | (a) | 4,510 | 247,870 |
Element Solutions, Inc. (Chemicals) | 47,630 | 1,113,590 | |
Ferro Corp. (Chemicals) | (a) | 10,670 | 230,152 |
GCP Applied Technologies, Inc. (Chemicals) | (a) | 6,920 | 160,959 |
HB Fuller Co. (Chemicals) | 4,520 | 287,517 | |
Innospec, Inc. (Chemicals) | 2,190 | 198,436 | |
Kaiser Aluminum Corp. (Metals & Mining) | 1,470 | 181,530 | |
Kraton Corp. (Chemicals) | (a) | 4,970 | 160,481 |
Livent Corp. (Chemicals) | (a) | 12,820 | 248,195 |
Materion Corp. (Metals & Mining) | 2,510 | 189,129 | |
Mercer International, Inc. (Paper & Forest Products) | 10,780 | 137,445 | |
O-I Glass, Inc. (Containers & Packaging) | (a) | 14,010 | 228,783 |
Quaker Chemical Corp. (Chemicals) | 1,100 | 260,909 |
Common Stocks (Continued) | Shares | Value | |
Materials (continued) | |||
Ranpak Holdings Corp. (Containers & Packaging) | (a) | 39,490 | $ 988,435 |
Schweitzer-Mauduit International, Inc. (Paper & Forest Products) | 3,890 | 157,078 | |
Stepan Co. (Chemicals) | 1,770 | 212,878 | |
Trinseo SA (Chemicals) | 3,160 | 189,094 | |
6,258,233 | |||
Real Estate–4.5% | |||
Acadia Realty Trust (Equity REIT) | 8,510 | 186,880 | |
Agree Realty Corp. (Equity REIT) | 5,300 | 373,597 | |
Alexander & Baldwin, Inc. (Equity REIT) | 9,700 | 177,704 | |
American Assets Trust, Inc. (Equity REIT) | 5,070 | 189,060 | |
Brandywine Realty Trust (Equity REIT) | 14,450 | 198,109 | |
CareTrust REIT, Inc. (Equity REIT) | 8,080 | 187,698 | |
Community Healthcare Trust, Inc. (Equity REIT) | 3,490 | 165,635 | |
DiamondRock Hospitality Co. (Equity REIT) | (a) | 18,760 | 181,972 |
Easterly Government Properties, Inc. (Equity REIT) | 8,296 | 174,880 | |
Essential Properties Realty Trust, Inc. (Equity REIT) | 9,500 | 256,880 | |
Four Corners Property Trust, Inc. (Equity REIT) | 6,770 | 186,920 | |
Getty Realty Corp. (Equity REIT) | 5,630 | 175,375 | |
Independence Realty Trust, Inc. (Equity REIT) | 10,550 | 192,326 | |
Industrial Logistics Properties Trust (Equity REIT) | 7,170 | 187,424 | |
Innovative Industrial Properties, Inc. (Equity REIT) | 2,040 | 389,681 | |
iStar, Inc. (Equity REIT) | 8,500 | 176,205 | |
Kite Realty Group Trust (Equity REIT) | 8,540 | 187,965 | |
Lexington Realty Trust (Equity REIT) | 23,230 | 277,598 | |
LTC Properties, Inc. (Equity REIT) | 4,180 | 160,470 | |
Mack-Cali Realty Corp. (Equity REIT) | 10,860 | 186,249 | |
Marcus & Millichap, Inc. (Real Estate Mgmt. & Development) | (a) | 5,030 | 195,516 |
NexPoint Residential Trust, Inc. (Equity REIT) | 3,540 | 194,629 | |
Office Properties Income Trust (Equity REIT) | 6,400 | 187,584 | |
QTS Realty Trust, Inc. Class A (Equity REIT) | 14,170 | 1,095,341 | |
Realogy Holdings Corp. (Real Estate Mgmt. & Development) | (a) | 10,280 | 187,302 |
Retail Opportunity Investments Corp. (Equity REIT) | 10,100 | 178,366 | |
Retail Properties of America, Inc. Class A (Equity REIT) | 18,180 | 208,161 | |
Safehold, Inc. (Equity REIT) | 2,510 | 197,035 | |
Service Properties Trust (Equity REIT) | 13,641 | 171,877 | |
SITE Centers Corp. (Equity REIT) | 14,460 | 217,768 | |
St. Joe Co. / The (Real Estate Mgmt. & Development) | 3,880 | 173,087 | |
Tanger Factory Outlet Centers, Inc. (Equity REIT) | 10,180 | 191,893 | |
Uniti Group, Inc. (Equity REIT) | 20,270 | 214,659 | |
Washington Real Estate Investment Trust (Equity REIT) | 7,650 | 175,950 | |
Xenia Hotels & Resorts, Inc. (Equity REIT) | (a) | 10,060 | 188,424 |
7,990,220 | |||
Utilities–0.8% | |||
American States Water Co. (Water Utilities) | 3,140 | 249,818 | |
Avista Corp. (Multi-Utilities) | 5,790 | 247,059 | |
California Water Service Group (Water Utilities) | 4,230 | 234,934 | |
Chesapeake Utilities Corp. (Gas Utilities) | 1,500 | 180,495 | |
Northwest Natural Holding Co. (Gas Utilities) | 3,300 | 173,316 | |
South Jersey Industries, Inc. (Gas Utilities) | 8,620 | 223,517 | |
1,309,139 | |||
Total Common Stocks (Cost $165,833,305) | $174,708,912 |
Ohio National Fund, Inc. | ON AB Small Cap Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Exchange Traded Funds–0.5% | Shares | Value | |
iShares Core S&P Small-Cap ETF | 7,174 | $ 810,519 | |
Total Exchange Traded Funds (Cost $819,729) | $ 810,519 |
Money Market Funds–1.5% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 2,697,782 | $ 2,698,591 |
Total Money Market Funds (Cost $2,698,591) | $ 2,698,591 | ||
Total Investments – 100.5% (Cost $169,351,625) | (c) | $178,218,022 | |
Liabilities in Excess of Other Assets – (0.5)% | (853,376) | ||
Net Assets – 100.0% | $177,364,646 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
ADR: | American Depositary Receipts |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Unaudited) |
Average Annual returns | |
One year | 43.77% |
Five years | 17.09% |
Ten years | 13.28% |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Unaudited) (Continued) |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 99.2 |
Money Market Funds Less Net Liabilities | 0.8 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Cognex Corp. | 0.7 |
2. | Entegris, Inc. | 0.7 |
3. | Monolithic Power Systems, Inc. | 0.7 |
4. | Pool Corp. | 0.6 |
5. | Zendesk, Inc. | 0.6 |
6. | Trex Co., Inc. | 0.6 |
7. | Repligen Corp. | 0.6 |
8. | Manhattan Associates, Inc. | 0.6 |
9. | Fair Isaac Corp. | 0.6 |
10. | 10X Genomics, Inc. Class A | 0.6 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Information Technology | 20.9 |
Industrials | 16.8 |
Consumer Discretionary | 16.5 |
Financials | 12.3 |
Health Care | 12.2 |
Real Estate | 5.8 |
Materials | 4.4 |
Consumer Staples | 3.0 |
Energy | 2.7 |
Utilities | 2.3 |
Communication Services | 2.3 |
99.2 |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–99.2% | Shares | Value | |
Communication Services–2.3% | |||
Altice U.S.A., Inc. Class A (Media) | (a) | 2,100 | $ 71,694 |
Criteo SA – ADR (Media) | (a) | 6,640 | 300,327 |
Discovery, Inc. Class A (Media) | (a) | 2,020 | 61,974 |
Discovery, Inc. Class C (Media) | (a) | 2,360 | 68,393 |
Fox Corp. Class A (Media) | 2,040 | 75,745 | |
Interpublic Group of Cos., Inc. / The (Media) | 2,400 | 77,976 | |
Liberty Broadband Corp. Class A (Media) | (a) | 480 | 80,722 |
Liberty Broadband Corp. Class C (Media) | (a) | 660 | 114,616 |
Liberty Media Corp. - Liberty Formula One Class C (Entertainment) | (a) | 1,625 | 78,341 |
Liberty Media Corp. - Liberty SiriusXM (Media) | (a) | 1,690 | 78,720 |
Live Nation Entertainment, Inc. (Entertainment) | (a) | 930 | 81,459 |
Match Group, Inc. (Interactive Media & Svs.) | (a) | 920 | 148,350 |
Omnicom Group, Inc. (Media) | 930 | 74,391 | |
Pinterest, Inc. Class A (Interactive Media & Svs.) | (a) | 1,640 | 129,478 |
Playtika Holding Corp. (Entertainment) | (a) | 2,740 | 65,322 |
Roku, Inc. (Entertainment) | (a) | 450 | 206,662 |
Sirius XM Holdings, Inc. (Media) | 12,500 | 81,750 | |
Spotify Technology SA (Entertainment) | (a) | 550 | 151,574 |
Take-Two Interactive Software, Inc. (Entertainment) | (a) | 470 | 83,199 |
Twitter, Inc. (Interactive Media & Svs.) | (a) | 3,190 | 219,504 |
ViacomCBS, Inc. Class B (Media) | 2,310 | 104,412 | |
Vimeo, Inc. (Interactive Media & Svs.) | (a) | 503 | 24,647 |
Zynga, Inc. Class A (Entertainment) | (a) | 7,050 | 74,941 |
2,454,197 | |||
Consumer Discretionary–16.5% | |||
Advance Auto Parts, Inc. (Specialty Retail) | 380 | 77,953 | |
Aptiv PLC (Auto Components) | (a) | 1,100 | 173,063 |
Aramark (Hotels, Restaurants & Leisure) | 1,962 | 73,085 | |
AutoZone, Inc. (Specialty Retail) | (a) | 90 | 134,300 |
Best Buy Co., Inc. (Specialty Retail) | 940 | 108,081 | |
BorgWarner, Inc. (Auto Components) | 1,570 | 76,208 | |
Brunswick Corp. (Leisure Products) | 2,480 | 247,058 | |
Burlington Stores, Inc. (Specialty Retail) | (a) | 264 | 85,005 |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 770 | 79,888 |
CarMax, Inc. (Specialty Retail) | (a) | 671 | 86,660 |
Carnival Corp. (Hotels, Restaurants & Leisure) | (a) | 2,730 | 71,963 |
Carter's, Inc. (Textiles, Apparel & Luxury Goods) | 3,120 | 321,890 | |
Carvana Co. (Specialty Retail) | (a) | 270 | 81,491 |
Chegg, Inc. (Diversified Consumer Svs.) | (a) | 5,610 | 466,247 |
Chipotle Mexican Grill, Inc. (Hotels, Restaurants & Leisure) | (a) | 110 | 170,537 |
D.R. Horton, Inc. (Household Durables) | 1,350 | 122,000 | |
Dana, Inc. (Auto Components) | 7,730 | 183,665 | |
Darden Restaurants, Inc. (Hotels, Restaurants & Leisure) | 530 | 77,375 | |
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | (a) | 3,110 | 277,568 |
Dollar Tree, Inc. (Multiline Retail) | (a) | 970 | 96,515 |
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 180 | 83,968 | |
DoorDash, Inc. Class A (Internet & Direct Marketing Retail) | (a) | 430 | 76,682 |
DraftKings, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 1,490 | 77,733 |
Etsy, Inc. (Internet & Direct Marketing Retail) | (a) | 2,360 | 485,782 |
Expedia Group, Inc. (Hotels, Restaurants & Leisure) | (a) | 570 | 93,315 |
Fisker, Inc. (Automobiles) | (a) | 8,340 | 160,795 |
Five Below, Inc. (Specialty Retail) | (a) | 3,110 | 601,070 |
Floor & Decor Holdings, Inc. Class A (Specialty Retail) | (a) | 5,937 | 627,541 |
Foot Locker, Inc. (Specialty Retail) | 4,130 | 254,532 | |
frontdoor, Inc. (Diversified Consumer Svs.) | (a) | 1,428 | 71,143 |
Gap, Inc. / The (Specialty Retail) | 2,327 | 78,304 | |
Garmin Ltd. (Household Durables) | 610 | 88,230 | |
Gentex Corp. (Auto Components) | 2,170 | 71,805 | |
Genuine Parts Co. (Distributors) | 610 | 77,147 | |
Goodyear Tire & Rubber Co. / The (Auto Components) | (a) | 20,810 | 356,891 |
Hasbro, Inc. (Leisure Products) | 770 | 72,780 |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
Hilton Grand Vacations, Inc. (Hotels, Restaurants & Leisure) | (a) | 5,198 | $ 215,145 |
Hilton Worldwide Holdings, Inc. (Hotels, Restaurants & Leisure) | (a) | 1,120 | 135,094 |
Houghton Mifflin Harcourt Co. (Diversified Consumer Svs.) | (a) | 15,470 | 170,789 |
Hyatt Hotels Corp. Class A (Hotels, Restaurants & Leisure) | (a) | 930 | 72,205 |
KB Home (Household Durables) | 7,170 | 291,962 | |
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 4,770 | 269,076 | |
L Brands, Inc. (Specialty Retail) | 1,160 | 83,590 | |
Latham Group, Inc. (Leisure Products) | (a) | 10,430 | 333,343 |
Lear Corp. (Auto Components) | 1,800 | 315,504 | |
Lennar Corp. Class A (Household Durables) | 1,100 | 109,285 | |
Lithia Motors, Inc. Class A (Specialty Retail) | 1,510 | 518,896 | |
LKQ Corp. (Distributors) | (a) | 1,630 | 80,229 |
Lululemon Athletica, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 460 | 167,886 |
MGM Resorts International (Hotels, Restaurants & Leisure) | 1,930 | 82,315 | |
Mister Car Wash, Inc. (Diversified Consumer Svs.) | (a) | 16,272 | 350,336 |
Mohawk Industries, Inc. (Household Durables) | (a) | 370 | 71,110 |
National Vision Holdings, Inc. (Specialty Retail) | (a) | 10,250 | 524,082 |
Norwegian Cruise Line Holdings Ltd. (Hotels, Restaurants & Leisure) | (a) | 2,460 | 72,349 |
NVR, Inc. (Household Durables) | (a) | 102 | 507,277 |
O'Reilly Automotive, Inc. (Specialty Retail) | (a) | 290 | 164,201 |
Papa John's International, Inc. (Hotels, Restaurants & Leisure) | 2,840 | 296,610 | |
Peloton Interactive, Inc. Class A (Leisure Products) | (a) | 1,040 | 128,981 |
Penn National Gaming, Inc. (Hotels, Restaurants & Leisure) | (a) | 980 | 74,960 |
Planet Fitness, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 4,620 | 347,655 |
Pool Corp. (Distributors) | 1,523 | 698,539 | |
PulteGroup, Inc. (Household Durables) | 9,780 | 533,695 | |
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 3,620 | 426,472 | |
RH (Specialty Retail) | (a) | 110 | 74,690 |
Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | (a) | 880 | 75,046 |
Sally Beauty Holdings, Inc. (Specialty Retail) | (a) | 14,970 | 330,388 |
Scientific Games Corp. (Hotels, Restaurants & Leisure) | (a) | 4,960 | 384,102 |
Steven Madden Ltd. (Textiles, Apparel & Luxury Goods) | 4,780 | 209,173 | |
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 8,630 | 375,232 |
Taylor Morrison Home Corp. (Household Durables) | (a) | 7,540 | 199,207 |
Tempur Sealy International, Inc. (Household Durables) | 11,280 | 442,063 | |
Terminix Global Holdings, Inc. (Diversified Consumer Svs.) | (a) | 1,499 | 71,517 |
TopBuild Corp. (Household Durables) | (a) | 2,310 | 456,872 |
Tractor Supply Co. (Specialty Retail) | 470 | 87,448 | |
Ulta Beauty, Inc. (Specialty Retail) | (a) | 230 | 79,527 |
Under Armour, Inc. Class A (Textiles, Apparel & Luxury Goods) | (a) | 3,140 | 66,411 |
V.F. Corp. (Textiles, Apparel & Luxury Goods) | 1,330 | 109,113 | |
Vail Resorts, Inc. (Hotels, Restaurants & Leisure) | (a) | 1,810 | 572,901 |
Vroom, Inc. (Specialty Retail) | (a) | 1,652 | 69,153 |
Wayfair, Inc. Class A (Internet & Direct Marketing Retail) | (a) | 288 | 90,924 |
Whirlpool Corp. (Household Durables) | 320 | 69,766 | |
Williams-Sonoma, Inc. (Specialty Retail) | 2,110 | 336,862 | |
Wynn Resorts Ltd. (Hotels, Restaurants & Leisure) | (a) | 590 | 72,157 |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
Yum China Holdings, Inc. (Hotels, Restaurants & Leisure) | 1,640 | $ 108,650 | |
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 1,150 | 132,285 | |
17,743,343 | |||
Consumer Staples–3.0% | |||
Archer-Daniels-Midland Co. (Food Products) | 2,280 | 138,168 | |
Boston Beer Co., Inc. / The Class A (Beverages) | (a) | 60 | 61,248 |
Brown-Forman Corp. Class B (Beverages) | 1,000 | 74,940 | |
Bunge Ltd. (Food Products) | 900 | 70,335 | |
Campbell Soup Co. (Food Products) | 1,600 | 72,944 | |
Casey's General Stores, Inc. (Food & Staples Retailing) | 1,580 | 307,531 | |
Church & Dwight Co., Inc. (Household Products) | 1,020 | 86,924 | |
Clorox Co. / The (Household Products) | 510 | 91,754 | |
Conagra Brands, Inc. (Food Products) | 2,060 | 74,943 | |
Freshpet, Inc. (Food Products) | (a) | 2,840 | 462,806 |
Hain Celestial Group, Inc. / The (Food Products) | (a) | 9,790 | 392,775 |
Hershey Co. / The (Food Products) | 600 | 104,508 | |
Honest Co., Inc. / The (Personal Products) | (a) | 2,890 | 46,789 |
Hormel Foods Corp. (Food Products) | 1,650 | 78,788 | |
J.M. Smucker Co. / The (Food Products) | 580 | 75,151 | |
Kellogg Co. (Food Products) | 1,220 | 78,483 | |
Kroger Co. / The (Food & Staples Retailing) | 3,100 | 118,761 | |
Lamb Weston Holdings, Inc. (Food Products) | 950 | 76,627 | |
McCormick & Co., Inc. (Food Products) | 1,010 | 89,203 | |
Nomad Foods Ltd. (Food Products) | (a) | 12,820 | 362,421 |
Oatly Group AB – ADR (Food Products) | (a) | 10,514 | 257,172 |
Tyson Foods, Inc. Class A (Food Products) | 1,180 | 87,037 | |
3,209,308 | |||
Energy–2.7% | |||
Baker Hughes Co. (Energy Equip. & Svs.) | 3,800 | 86,906 | |
Cheniere Energy, Inc. (Oil, Gas & Consumable Fuels) | (a) | 980 | 85,005 |
Cimarex Energy Co. (Oil, Gas & Consumable Fuels) | 4,370 | 316,606 | |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 3,260 | 95,159 | |
Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 930 | 87,318 | |
Dril-Quip, Inc. (Energy Equip. & Svs.) | (a) | 5,430 | 183,697 |
Halliburton Co. (Energy Equip. & Svs.) | 3,900 | 90,168 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 1,130 | 98,672 | |
HollyFrontier Corp. (Oil, Gas & Consumable Fuels) | 8,900 | 292,810 | |
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 6,770 | 92,207 | |
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 2,660 | 160,717 | |
Matador Resources Co. (Oil, Gas & Consumable Fuels) | 11,480 | 413,395 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 3,440 | 107,569 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 1,810 | 100,708 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 1,700 | 145,894 | |
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 830 | 134,892 | |
Targa Resources Corp. (Oil, Gas & Consumable Fuels) | 2,200 | 97,790 | |
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 1,580 | 123,366 | |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 5,010 | 133,016 | |
2,845,895 | |||
Financials–12.3% | |||
Aflac, Inc. (Insurance) | 2,600 | 139,516 | |
AGNC Investment Corp. (Mortgage REIT) | 4,250 | 71,782 | |
Ally Financial, Inc. (Consumer Finance) | 1,520 | 75,757 | |
American Financial Group, Inc. (Insurance) | 3,290 | 410,329 | |
Ameriprise Financial, Inc. (Capital Markets) | 480 | 119,462 |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
Annaly Capital Management, Inc. (Mortgage REIT) | 8,400 | $ 74,592 | |
Apollo Global Management, Inc. (Capital Markets) | 1,380 | 85,836 | |
Arch Capital Group Ltd. (Insurance) | (a) | 1,920 | 74,765 |
Ares Management Corp. Class A (Capital Markets) | 9,730 | 618,731 | |
Arthur J. Gallagher & Co. (Insurance) | 780 | 109,262 | |
Athene Holding Ltd. Class A (Insurance) | (a) | 1,280 | 86,400 |
BankUnited, Inc. (Banks) | 7,960 | 339,812 | |
Brown & Brown, Inc. (Insurance) | 1,430 | 75,990 | |
Carlyle Group, Inc. / The (Capital Markets) | 1,790 | 83,199 | |
CBOE Global Markets, Inc. (Capital Markets) | 734 | 87,383 | |
Cincinnati Financial Corp. (Insurance) | 680 | 79,302 | |
Citizens Financial Group, Inc. (Banks) | 1,740 | 79,814 | |
CNA Financial Corp. (Insurance) | 1,620 | 73,694 | |
Comerica, Inc. (Banks) | 6,940 | 495,100 | |
Commerce Bancshares, Inc. (Banks) | 980 | 73,069 | |
Discover Financial Services (Consumer Finance) | 1,250 | 147,862 | |
East West Bancorp, Inc. (Banks) | 1,000 | 71,690 | |
Everest Re Group Ltd. (Insurance) | 1,172 | 295,356 | |
FactSet Research Systems, Inc. (Capital Markets) | 230 | 77,190 | |
Fidelity National Financial, Inc. (Insurance) | 1,670 | 72,578 | |
Fifth Third Bancorp (Banks) | 2,900 | 110,867 | |
First Citizens BancShares, Inc. Class A (Banks) | 590 | 491,317 | |
First Hawaiian, Inc. (Banks) | 4,058 | 115,004 | |
First Horizon Corp. (Banks) | 4,170 | 72,058 | |
First Republic Bank (Banks) | 710 | 132,891 | |
Franklin Resources, Inc. (Capital Markets) | 2,540 | 81,255 | |
Globe Life, Inc. (Insurance) | 740 | 70,485 | |
Goosehead Insurance, Inc. Class A (Insurance) | 2,030 | 258,419 | |
Hanover Insurance Group, Inc. / The (Insurance) | 1,960 | 265,854 | |
Hartford Financial Services Group, Inc. / The (Insurance) | 1,470 | 91,096 | |
Huntington Bancshares, Inc. (Banks) | 4,980 | 71,065 | |
Invesco Ltd. (Capital Markets) | 2,820 | 75,379 | |
KeyCorp (Banks) | 4,000 | 82,600 | |
Kinsale Capital Group, Inc. (Insurance) | 1,870 | 308,120 | |
KKR & Co., Inc. (Capital Markets) | 2,230 | 132,105 | |
Lincoln National Corp. (Insurance) | 1,190 | 74,780 | |
Loews Corp. (Insurance) | 1,370 | 74,870 | |
LPL Financial Holdings, Inc. (Capital Markets) | 490 | 66,140 | |
M&T Bank Corp. (Banks) | 520 | 75,561 | |
Markel Corp. (Insurance) | (a) | 60 | 71,203 |
MarketAxess Holdings, Inc. (Capital Markets) | 160 | 74,174 | |
Moelis & Co. Class A (Capital Markets) | 4,140 | 235,525 | |
Morningstar, Inc. (Capital Markets) | 290 | 74,562 | |
MSCI, Inc. (Capital Markets) | 329 | 175,383 | |
Nasdaq, Inc. (Capital Markets) | 470 | 82,626 | |
Northern Trust Corp. (Capital Markets) | 780 | 90,184 | |
OneMain Holdings, Inc. (Consumer Finance) | 3,550 | 212,680 | |
Pinnacle Financial Partners, Inc. (Banks) | 4,130 | 364,638 | |
Principal Financial Group, Inc. (Insurance) | 1,190 | 75,196 | |
Prudential Financial, Inc. (Insurance) | 1,630 | 167,026 | |
Raymond James Financial, Inc. (Capital Markets) | 580 | 75,342 | |
Regions Financial Corp. (Banks) | 3,950 | 79,711 | |
Rocket Cos., Inc. Class A (Thrifts & Mortgage Finance) | 3,750 | 72,562 | |
Santander Consumer U.S.A. Holdings, Inc. (Consumer Finance) | 2,250 | 81,720 | |
Selective Insurance Group, Inc. (Insurance) | 2,650 | 215,047 | |
Signature Bank (Banks) | 300 | 73,695 | |
State Street Corp. (Capital Markets) | 1,440 | 118,483 | |
Sterling Bancorp (Banks) | 14,490 | 359,207 | |
Stifel Financial Corp. (Capital Markets) | 5,960 | 386,566 | |
SVB Financial Group (Banks) | (a) | 997 | 554,761 |
Synchrony Financial (Consumer Finance) | 2,390 | 115,963 | |
Synovus Financial Corp. (Banks) | 9,050 | 397,114 | |
T. Rowe Price Group, Inc. (Capital Markets) | 920 | 182,132 | |
Texas Capital Bancshares, Inc. (Banks) | (a) | 5,790 | 367,607 |
Tradeweb Markets, Inc. Class A (Capital Markets) | 940 | 79,486 |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
Umpqua Holdings Corp. (Banks) | 12,790 | $ 235,975 | |
Voya Financial, Inc. (Diversified Financial Svs.) | 4,140 | 254,610 | |
W.R. Berkley Corp. (Insurance) | 955 | 71,081 | |
Webster Financial Corp. (Banks) | 6,550 | 349,377 | |
Western Alliance Bancorp (Banks) | 730 | 67,780 | |
Willis Towers Watson PLC (Insurance) | 530 | 121,911 | |
Wintrust Financial Corp. (Banks) | 4,830 | 365,293 | |
Zions Bancorp N.A. (Banks) | 6,850 | 362,091 | |
13,179,048 | |||
Health Care–12.2% | |||
10X Genomics, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 3,210 | 628,582 |
ABIOMED, Inc. (Health Care Equip. & Supplies) | (a) | 240 | 74,906 |
ADC Therapeutics SA (Biotechnology) | (a) | 6,640 | 161,684 |
Agilent Technologies, Inc. (Life Sciences Tools & Svs.) | 1,260 | 186,241 | |
Alexion Pharmaceuticals, Inc. (Biotechnology) | (a) | 870 | 159,828 |
Alignment Healthcare, Inc. (Health Care Providers & Svs.) | (a) | 6,970 | 162,889 |
Allogene Therapeutics, Inc. (Biotechnology) | (a) | 6,326 | 164,982 |
Alnylam Pharmaceuticals, Inc. (Biotechnology) | (a) | 540 | 91,541 |
Amedisys, Inc. (Health Care Providers & Svs.) | (a) | 2,020 | 494,759 |
AmerisourceBergen Corp. (Health Care Providers & Svs.) | 630 | 72,129 | |
Arrowhead Pharmaceuticals, Inc. (Biotechnology) | (a) | 3,770 | 312,231 |
Ascendis Pharma A/S – ADR (Biotechnology) | (a) | 1,249 | 164,306 |
AtriCure, Inc. (Health Care Equip. & Supplies) | (a) | 6,110 | 484,706 |
Avantor, Inc. (Life Sciences Tools & Svs.) | (a) | 2,380 | 84,514 |
Biohaven Pharmaceutical Holding Co. Ltd. (Biotechnology) | (a) | 2,570 | 249,496 |
BioMarin Pharmaceutical, Inc. (Biotechnology) | (a) | 975 | 81,354 |
Bio-Rad Laboratories, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 120 | 77,315 |
Bio-Techne Corp. (Life Sciences Tools & Svs.) | 180 | 81,047 | |
Blueprint Medicines Corp. (Biotechnology) | (a) | 2,480 | 218,141 |
Bruker Corp. (Life Sciences Tools & Svs.) | 1,110 | 84,338 | |
Cardinal Health, Inc. (Health Care Providers & Svs.) | 1,260 | 71,933 | |
Catalent, Inc. (Pharmaceuticals) | (a) | 679 | 73,413 |
Cerner Corp. (Health Care Technology) | 1,250 | 97,700 | |
Charles River Laboratories International, Inc. (Life Sciences Tools & Svs.) | (a) | 230 | 85,082 |
Coherus Biosciences, Inc. (Biotechnology) | (a) | 8,940 | 123,640 |
Cooper Cos., Inc. / The (Health Care Equip. & Supplies) | 201 | 79,650 | |
DaVita, Inc. (Health Care Providers & Svs.) | (a) | 650 | 78,280 |
DENTSPLY SIRONA, Inc. (Health Care Equip. & Supplies) | 1,134 | 71,737 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 370 | 157,990 |
Elanco Animal Health, Inc. (Pharmaceuticals) | (a) | 2,404 | 83,395 |
Exact Sciences Corp. (Biotechnology) | (a) | 610 | 75,829 |
Guardant Health, Inc. (Health Care Providers & Svs.) | (a) | 3,536 | 439,136 |
Hologic, Inc. (Health Care Equip. & Supplies) | (a) | 1,160 | 77,395 |
Horizon Therapeutics PLC (Biotechnology) | (a) | 810 | 75,848 |
ICON PLC (Life Sciences Tools & Svs.) | (a) | 1,700 | 351,407 |
ICU Medical, Inc. (Health Care Equip. & Supplies) | (a) | 364 | 74,911 |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 350 | 221,042 |
Inari Medical, Inc. (Health Care Equip. & Supplies) | (a) | 4,950 | 461,736 |
Incyte Corp. (Biotechnology) | (a) | 890 | 74,876 |
Instil Bio, Inc. (Biotechnology) | (a) | 8,580 | 165,766 |
Insulet Corp. (Health Care Equip. & Supplies) | (a) | 1,650 | 452,941 |
Intellia Therapeutics, Inc. (Biotechnology) | (a) | 2,040 | 330,296 |
IQVIA Holdings, Inc. (Life Sciences Tools & Svs.) | (a) | 780 | 189,010 |
Laboratory Corp. of America Holdings (Health Care Providers & Svs.) | (a) | 400 | 110,340 |
Legend Biotech Corp. – ADR (Biotechnology) | (a) | 4,090 | 167,894 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
LifeStance Health Group, Inc. (Health Care Providers & Svs.) | (a) | 7,685 | $ 214,104 |
Maravai LifeSciences Holdings, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 1,960 | 81,791 |
Masimo Corp. (Health Care Equip. & Supplies) | (a) | 330 | 80,008 |
McKesson Corp. (Health Care Providers & Svs.) | 650 | 124,306 | |
MEDNAX, Inc. (Health Care Providers & Svs.) | (a) | 14,720 | 443,808 |
Mettler-Toledo International, Inc. (Life Sciences Tools & Svs.) | (a) | 90 | 124,681 |
Molina Healthcare, Inc. (Health Care Providers & Svs.) | (a) | 300 | 75,918 |
Neurocrine Biosciences, Inc. (Biotechnology) | (a) | 802 | 78,051 |
Novocure Ltd. (Health Care Equip. & Supplies) | (a) | 420 | 93,164 |
Oak Street Health, Inc. (Health Care Providers & Svs.) | (a) | 1,240 | 72,627 |
Penumbra, Inc. (Health Care Equip. & Supplies) | (a) | 250 | 68,515 |
PerkinElmer, Inc. (Life Sciences Tools & Svs.) | 584 | 90,175 | |
PPD, Inc. (Life Sciences Tools & Svs.) | (a) | 1,650 | 76,049 |
PRA Health Sciences, Inc. (Life Sciences Tools & Svs.) | (a) | 455 | 75,171 |
QIAGEN N.V. (Life Sciences Tools & Svs.) | (a) | 1,580 | 76,440 |
Quest Diagnostics, Inc. (Health Care Providers & Svs.) | 580 | 76,543 | |
Repligen Corp. (Life Sciences Tools & Svs.) | (a) | 3,260 | 650,761 |
ResMed, Inc. (Health Care Equip. & Supplies) | 590 | 145,447 | |
Revance Therapeutics, Inc. (Pharmaceuticals) | (a) | 6,080 | 180,211 |
Royalty Pharma PLC Class A (Pharmaceuticals) | 1,730 | 70,913 | |
Sarepta Therapeutics, Inc. (Biotechnology) | (a) | 1,153 | 89,634 |
Seagen, Inc. (Biotechnology) | (a) | 530 | 83,676 |
Silk Road Medical, Inc. (Health Care Equip. & Supplies) | (a) | 5,270 | 252,222 |
STERIS PLC (Health Care Equip. & Supplies) | 360 | ���74,268 | |
Teladoc Health, Inc. (Health Care Technology) | (a) | 440 | 73,168 |
Teleflex, Inc. (Health Care Equip. & Supplies) | 195 | 78,349 | |
Turning Point Therapeutics, Inc. (Biotechnology) | (a) | 2,590 | 202,072 |
Ultragenyx Pharmaceutical, Inc. (Biotechnology) | (a) | 2,190 | 208,816 |
Universal Health Services, Inc. Class B (Health Care Providers & Svs.) | 510 | 74,679 | |
Veeva Systems, Inc. Class A (Health Care Technology) | (a) | 560 | 174,132 |
Viatris, Inc. (Pharmaceuticals) | 5,730 | 81,882 | |
Vir Biotechnology, Inc. (Biotechnology) | (a) | 3,970 | 187,702 |
Waters Corp. (Life Sciences Tools & Svs.) | (a) | 253 | 87,439 |
West Pharmaceutical Services, Inc. (Health Care Equip. & Supplies) | 300 | 107,730 | |
Zimmer Biomet Holdings, Inc. (Health Care Equip. & Supplies) | 850 | 136,697 | |
13,037,385 | |||
Industrials–16.8% | |||
A.O. Smith Corp. (Building Products) | 1,130 | 81,428 | |
ADT, Inc. (Commercial Svs. & Supplies) | 26,720 | 288,309 | |
AECOM (Construction & Engineering) | (a) | 6,260 | 396,383 |
AGCO Corp. (Machinery) | 520 | 67,798 | |
Alaska Air Group, Inc. (Airlines) | (a) | 4,375 | 263,856 |
Allegion PLC (Building Products) | 570 | 79,401 | |
AMERCO (Road & Rail) | 130 | 76,622 | |
AMETEK, Inc. (Electrical Equip.) | 4,240 | 566,040 | |
Armstrong World Industries, Inc. (Building Products) | 2,750 | 294,965 | |
Axon Enterprise, Inc. (Aerospace & Defense) | (a) | 3,065 | 541,892 |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 790 | 73,999 | |
Carrier Global Corp. (Building Products) | 3,550 | 172,530 | |
Cintas Corp. (Commercial Svs. & Supplies) | 360 | 137,520 | |
Clarivate PLC (Professional Svs.) | (a) | 2,930 | 80,663 |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 4,200 | 553,686 |
CoStar Group, Inc. (Professional Svs.) | (a) | 1,620 | 134,168 |
Crane Co. (Machinery) | 3,000 | 277,110 | |
Cummins, Inc. (Machinery) | 610 | 148,724 | |
Delta Air Lines, Inc. (Airlines) | (a) | 2,620 | 113,341 |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
Dover Corp. (Machinery) | 590 | $ 88,854 | |
Equifax, Inc. (Professional Svs.) | 490 | 117,360 | |
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 690 | 87,354 | |
Fastenal Co. (Trading Companies & Distributors) | 2,350 | 122,200 | |
Fortive Corp. (Machinery) | 1,210 | 84,385 | |
Fortune Brands Home & Security, Inc. (Building Products) | 730 | 72,715 | |
GATX Corp. (Trading Companies & Distributors) | 2,490 | 220,290 | |
Generac Holdings, Inc. (Electrical Equip.) | (a) | 250 | 103,788 |
Graco, Inc. (Machinery) | 990 | 74,943 | |
HEICO Corp. Class A (Aerospace & Defense) | 600 | 74,508 | |
Herc Holdings, Inc. (Trading Companies & Distributors) | (a) | 2,390 | 267,847 |
Herman Miller, Inc. (Commercial Svs. & Supplies) | 8,160 | 384,662 | |
Hillenbrand, Inc. (Machinery) | 4,630 | 204,090 | |
Howmet Aerospace, Inc. (Aerospace & Defense) | (a) | 11,280 | 388,822 |
Hubbell, Inc. (Electrical Equip.) | 400 | 74,736 | |
IDEX Corp. (Machinery) | 350 | 77,018 | |
IHS Markit Ltd. (Professional Svs.) | 1,630 | 183,636 | |
Ingersoll Rand, Inc. (Machinery) | (a) | 10,471 | 511,090 |
J.B. Hunt Transport Services, Inc. (Road & Rail) | 450 | 73,328 | |
Jacobs Engineering Group, Inc. (Construction & Engineering) | 3,730 | 497,657 | |
Kansas City Southern (Road & Rail) | 370 | 104,847 | |
Knight-Swift Transportation Holdings, Inc. (Road & Rail) | 8,560 | 389,138 | |
Korn Ferry (Professional Svs.) | 5,460 | 396,123 | |
Lennox International, Inc. (Building Products) | 230 | 80,684 | |
Lyft, Inc. Class A (Road & Rail) | (a) | 1,370 | 82,858 |
Masco Corp. (Building Products) | 1,190 | 70,103 | |
Masonite International Corp. (Building Products) | (a) | 2,820 | 315,248 |
Middleby Corp. / The (Machinery) | (a) | 2,716 | 470,574 |
Nordson Corp. (Machinery) | 360 | 79,024 | |
Old Dominion Freight Line, Inc. (Road & Rail) | 400 | 101,520 | |
Oshkosh Corp. (Machinery) | 3,500 | 436,240 | |
Otis Worldwide Corp. (Machinery) | 1,680 | 137,374 | |
Owens Corning (Building Products) | 790 | 77,341 | |
PACCAR, Inc. (Machinery) | 1,390 | 124,057 | |
Parker-Hannifin Corp. (Machinery) | 520 | 159,697 | |
Pentair PLC (Machinery) | 1,180 | 79,638 | |
Quanta Services, Inc. (Construction & Engineering) | 790 | 71,550 | |
Regal Beloit Corp. (Electrical Equip.) | 2,950 | 393,854 | |
Republic Services, Inc. (Commercial Svs. & Supplies) | 860 | 94,609 | |
Robert Half International, Inc. (Professional Svs.) | 5,480 | 487,556 | |
Rockwell Automation, Inc. (Electrical Equip.) | 470 | 134,429 | |
Rollins, Inc. (Commercial Svs. & Supplies) | 2,040 | 69,768 | |
Sensata Technologies Holding PLC (Electrical Equip.) | (a) | 1,321 | 76,578 |
Shoals Technologies Group, Inc. Class A (Electrical Equip.) | (a) | 9,070 | 321,985 |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 3,310 | 560,251 |
SkyWest, Inc. (Airlines) | (a) | 6,350 | 273,494 |
Snap-on, Inc. (Machinery) | 320 | 71,498 | |
Southwest Airlines Co. (Airlines) | (a) | 2,410 | 127,947 |
Spirit AeroSystems Holdings, Inc. Class A (Aerospace & Defense) | 7,460 | 352,037 | |
Stanley Black & Decker, Inc. (Machinery) | 630 | 129,144 | |
Sunrun, Inc. (Electrical Equip.) | (a) | 1,340 | 74,745 |
Teledyne Technologies, Inc. (Aerospace & Defense) | (a) | 175 | 73,295 |
TFI International, Inc. (Road & Rail) | 4,450 | 405,795 | |
Timken Co. / The (Machinery) | 3,660 | 294,959 | |
Toro Co. / The (Machinery) | 670 | 73,620 | |
Trane Technologies PLC (Building Products) | 980 | 180,457 |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
TransDigm Group, Inc. (Aerospace & Defense) | (a) | 220 | $ 142,404 |
TransUnion (Professional Svs.) | 780 | 85,652 | |
Trex Co., Inc. (Building Products) | (a) | 6,590 | 673,564 |
United Airlines Holdings, Inc. (Airlines) | (a) | 1,400 | 73,206 |
United Rentals, Inc. (Trading Companies & Distributors) | (a) | 1,654 | 527,643 |
Verisk Analytics, Inc. (Professional Svs.) | 649 | 113,393 | |
Vertiv Holdings Co. (Electrical Equip.) | 9,890 | 269,997 | |
W.W. Grainger, Inc. (Trading Companies & Distributors) | 180 | 78,840 | |
Watsco, Inc. (Trading Companies & Distributors) | 260 | 74,526 | |
Westinghouse Air Brake Technologies Corp. (Machinery) | 930 | 76,539 | |
XPO Logistics, Inc. (Air Freight & Logistics) | (a) | 2,590 | 362,315 |
Xylem, Inc. (Machinery) | 730 | 87,571 | |
17,995,405 | |||
Information Technology–20.9% | |||
Akamai Technologies, Inc. (IT Svs.) | (a) | 700 | 81,620 |
Amdocs Ltd. (IT Svs.) | 3,448 | 266,737 | |
Amphenol Corp. Class A (Electronic Equip., Instr. & Comp.) | 2,390 | 163,500 | |
ANSYS, Inc. (Software) | (a) | 350 | 121,471 |
Arista Networks, Inc. (Communications Equip.) | (a) | 240 | 86,954 |
Avalara, Inc. (Software) | (a) | 3,590 | 580,862 |
Avnet, Inc. (Electronic Equip., Instr. & Comp.) | 8,800 | 352,704 | |
Belden, Inc. (Electronic Equip., Instr. & Comp.) | 5,810 | 293,812 | |
Bill.com Holdings, Inc. (Software) | (a) | 490 | 89,758 |
Black Knight, Inc. (Software) | (a) | 1,050 | 81,879 |
Booz Allen Hamilton Holding Corp. (IT Svs.) | 920 | 78,366 | |
Broadridge Financial Solutions, Inc. (IT Svs.) | 477 | 77,050 | |
Cadence Design Systems, Inc. (Software) | (a) | 1,130 | 154,607 |
CDW Corp. (Electronic Equip., Instr. & Comp.) | 590 | 103,044 | |
Ceridian HCM Holding, Inc. (Software) | (a) | 809 | 77,599 |
Citrix Systems, Inc. (Software) | 620 | 72,707 | |
Cloudflare, Inc. Class A (Software) | (a) | 900 | 95,256 |
Cognex Corp. (Electronic Equip., Instr. & Comp.) | 8,530 | 716,946 | |
CommVault Systems, Inc. (Software) | (a) | 2,800 | 218,876 |
Corning, Inc. (Electronic Equip., Instr. & Comp.) | 3,080 | 125,972 | |
Coupa Software, Inc. (Software) | (a) | 816 | 213,882 |
Cree, Inc. (Semiconductors & Equip.) | (a) | 4,120 | 403,472 |
Crowdstrike Holdings, Inc. Class A (Software) | (a) | 630 | 158,325 |
Datadog, Inc. Class A (Electronic Equip., Instr. & Comp.) | (a) | 890 | 92,631 |
DigitalOcean Holdings, Inc. (IT Svs.) | (a) | 5,660 | 314,639 |
DocuSign, Inc. (Software) | (a) | 740 | 206,882 |
Dolby Laboratories, Inc. Class A (Software) | 755 | 74,209 | |
Dropbox, Inc. Class A (Software) | (a) | 2,970 | 90,021 |
Dynatrace, Inc. (Software) | (a) | 1,460 | 85,293 |
Elastic N.V. (Software) | (a) | 630 | 91,829 |
Enphase Energy, Inc. (Semiconductors & Equip.) | (a) | 550 | 100,997 |
Entegris, Inc. (Semiconductors & Equip.) | 5,710 | 702,159 | |
EPAM Systems, Inc. (IT Svs.) | (a) | 220 | 112,411 |
Euronet Worldwide, Inc. (IT Svs.) | (a) | 696 | 94,204 |
Fair Isaac Corp. (Software) | (a) | 1,280 | 643,430 |
Five9, Inc. (Software) | (a) | 410 | 75,190 |
FleetCor Technologies, Inc. (IT Svs.) | (a) | 340 | 87,060 |
Fortinet, Inc. (Software) | (a) | 540 | 128,623 |
Gartner, Inc. (IT Svs.) | (a) | 390 | 94,458 |
Genpact Ltd. (IT Svs.) | 4,280 | 194,440 | |
GoDaddy, Inc. Class A (IT Svs.) | (a) | 877 | 76,264 |
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 5,300 | 77,274 | |
HP, Inc. (Tech. Hardware, Storage & Periph.) | 5,300 | 160,007 | |
HubSpot, Inc. (Software) | (a) | 1,017 | 592,626 |
IPG Photonics Corp. (Electronic Equip., Instr. & Comp.) | (a) | 1,130 | 238,170 |
Jack Henry & Associates, Inc. (IT Svs.) | 470 | 76,850 | |
Juniper Networks, Inc. (Communications Equip.) | 3,000 | 82,050 | |
Keysight Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 760 | 117,352 |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Kulicke & Soffa Industries, Inc. (Semiconductors & Equip.) | 4,370 | $ 267,444 | |
Lattice Semiconductor Corp. (Semiconductors & Equip.) | (a) | 9,980 | 560,676 |
Leidos Holdings, Inc. (IT Svs.) | 750 | 75,825 | |
Littelfuse, Inc. (Electronic Equip., Instr. & Comp.) | 1,610 | 410,212 | |
Lumentum Holdings, Inc. (Communications Equip.) | (a) | 2,760 | 226,403 |
MACOM Technology Solutions Holdings, Inc. (Semiconductors & Equip.) | (a) | 5,980 | 383,198 |
Manhattan Associates, Inc. (Software) | (a) | 4,480 | 648,883 |
Marvell Technology, Inc. (Semiconductors & Equip.) | 3,180 | 185,489 | |
Maxim Integrated Products, Inc. (Semiconductors & Equip.) | 1,090 | 114,842 | |
MaxLinear, Inc. (Semiconductors & Equip.) | (a) | 4,450 | 189,080 |
McAfee Corp. Class A (Software) | 3,140 | 87,983 | |
Microchip Technology, Inc. (Semiconductors & Equip.) | 1,023 | 153,184 | |
MKS Instruments, Inc. (Semiconductors & Equip.) | 3,140 | 558,763 | |
Monday.com Ltd. (Software) | (a) | 1,118 | 249,974 |
MongoDB, Inc. (IT Svs.) | (a) | 1,660 | 600,123 |
Monolithic Power Systems, Inc. (Semiconductors & Equip.) | 1,880 | 702,086 | |
Motorola Solutions, Inc. (Communications Equip.) | 700 | 151,795 | |
National Instruments Corp. (Electronic Equip., Instr. & Comp.) | 1,839 | 77,753 | |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 4,350 | 198,403 |
NetApp, Inc. (Tech. Hardware, Storage & Periph.) | 1,020 | 83,456 | |
NortonLifeLock, Inc. (Software) | 3,530 | 96,087 | |
Novanta, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 3,130 | 421,799 |
Nuance Communications, Inc. (Software) | (a) | 1,430 | 77,849 |
Okta, Inc. (IT Svs.) | (a) | 480 | 117,446 |
ON Semiconductor Corp. (Semiconductors & Equip.) | (a) | 12,144 | 464,872 |
Palantir Technologies, Inc. Class A (Software) | (a) | 6,290 | 165,804 |
Palo Alto Networks, Inc. (Software) | (a) | 390 | 144,709 |
Paychex, Inc. (IT Svs.) | 1,320 | 141,636 | |
Paycom Software, Inc. (Software) | (a) | 200 | 72,694 |
PTC, Inc. (Software) | (a) | 580 | 81,931 |
Qorvo, Inc. (Semiconductors & Equip.) | (a) | 470 | 91,956 |
RingCentral, Inc. Class A (Software) | (a) | 1,080 | 313,826 |
Shift4 Payments, Inc. Class A (IT Svs.) | (a) | 5,350 | 501,402 |
Skyworks Solutions, Inc. (Semiconductors & Equip.) | 680 | 130,390 | |
Slack Technologies, Inc. Class A (Software) | (a) | 2,030 | 89,929 |
Smartsheet, Inc. Class A (Software) | (a) | 7,660 | 553,971 |
Splunk, Inc. (Software) | (a) | 660 | 95,423 |
SS&C Technologies Holdings, Inc. (Software) | 1,030 | 74,222 | |
StoneCo Ltd. Class A (IT Svs.) | (a) | 1,180 | 79,131 |
Synaptics, Inc. (Semiconductors & Equip.) | (a) | 3,400 | 528,972 |
Synopsys, Inc. (Software) | (a) | 620 | 170,990 |
Teradyne, Inc. (Semiconductors & Equip.) | 680 | 91,093 | |
Trade Desk, Inc. / The Class A (Software) | (a) | 1,700 | 131,512 |
Trimble, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 1,020 | 83,467 |
Tyler Technologies, Inc. (Software) | (a) | 180 | 81,427 |
Ubiquiti, Inc. (Communications Equip.) | 270 | 84,291 | |
Unity Software, Inc. (Software) | (a) | 750 | 82,373 |
Universal Display Corp. (Semiconductors & Equip.) | 1,900 | 422,427 | |
Varonis Systems, Inc. (Software) | (a) | 8,290 | 477,670 |
VeriSign, Inc. (IT Svs.) | (a) | 410 | 93,353 |
Western Digital Corp. (Tech. Hardware, Storage & Periph.) | (a) | 1,250 | 88,963 |
WEX, Inc. (IT Svs.) | (a) | 369 | 71,549 |
Wix.com Ltd. (IT Svs.) | (a) | 250 | 72,570 |
Xilinx, Inc. (Semiconductors & Equip.) | 1,000 | 144,640 | |
Zebra Technologies Corp. Class A (Electronic Equip., Instr. & Comp.) | (a) | 220 | 116,488 |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Zendesk, Inc. (Software) | (a) | 4,830 | $ 697,162 |
Zscaler, Inc. (Software) | (a) | 410 | 88,585 |
22,392,649 | |||
Materials–4.4% | |||
Albemarle Corp. (Chemicals) | 470 | 79,176 | |
Amcor PLC (Containers & Packaging) | 6,490 | 74,375 | |
Avery Dennison Corp. (Containers & Packaging) | 360 | 75,686 | |
Ball Corp. (Containers & Packaging) | 1,300 | 105,326 | |
Carpenter Technology Corp. (Metals & Mining) | 8,630 | 347,099 | |
Celanese Corp. (Chemicals) | 490 | 74,284 | |
Commercial Metals Co. (Metals & Mining) | 10,150 | 311,808 | |
Corteva, Inc. (Chemicals) | 3,080 | 136,598 | |
Crown Holdings, Inc. (Containers & Packaging) | 690 | 70,525 | |
Eastman Chemical Co. (Chemicals) | 660 | 77,055 | |
FMC Corp. (Chemicals) | 3,480 | 376,536 | |
GCP Applied Technologies, Inc. (Chemicals) | (a) | 9,080 | 211,201 |
Innospec, Inc. (Chemicals) | 1,810 | 164,004 | |
International Flavors & Fragrances, Inc. (Chemicals) | 1,020 | 152,388 | |
International Paper Co. (Containers & Packaging) | 1,610 | 98,709 | |
LyondellBasell Industries N.V. Class A (Chemicals) | 1,050 | 108,014 | |
Martin Marietta Materials, Inc. (Construction Materials) | 250 | 87,953 | |
Mosaic Co. / The (Chemicals) | 2,170 | 69,245 | |
Nucor Corp. (Metals & Mining) | 1,230 | 117,994 | |
Orion Engineered Carbons SA (Chemicals) | (a) | 10,960 | 208,130 |
Packaging Corp. of America (Containers & Packaging) | 520 | 70,418 | |
PPG Industries, Inc. (Chemicals) | 970 | 164,677 | |
Reliance Steel & Aluminum Co. (Metals & Mining) | 2,600 | 392,340 | |
RPM International, Inc. (Chemicals) | 800 | 70,944 | |
Scotts Miracle-Gro Co. / The (Chemicals) | 330 | 63,334 | |
Sealed Air Corp. (Containers & Packaging) | 8,990 | 532,657 | |
Steel Dynamics, Inc. (Metals & Mining) | 1,260 | 75,096 | |
Trinseo SA (Chemicals) | 4,290 | 256,714 | |
Vulcan Materials Co. (Construction Materials) | 540 | 93,998 | |
Westrock Co. (Containers & Packaging) | 1,370 | 72,911 | |
4,739,195 | |||
Real Estate–5.8% | |||
Alexandria Real Estate Equities, Inc. (Equity REIT) | 550 | 100,067 | |
American Campus Communities, Inc. (Equity REIT) | 5,070 | 236,870 | |
American Homes 4 Rent Class A (Equity REIT) | 2,060 | 80,031 | |
Americold Realty Trust (Equity REIT) | 1,890 | 71,537 | |
AvalonBay Communities, Inc. (Equity REIT) | 570 | 118,953 | |
Boston Properties, Inc. (Equity REIT) | 700 | 80,213 | |
Camden Property Trust (Equity REIT) | 3,240 | 429,851 | |
CBRE Group, Inc. Class A (Real Estate Mgmt. & Development) | (a) | 1,370 | 117,450 |
Cousins Properties, Inc. (Equity REIT) | 6,850 | 251,943 | |
CubeSmart (Equity REIT) | 7,280 | 337,210 | |
Duke Realty Corp. (Equity REIT) | 1,640 | 77,654 | |
Equity LifeStyle Properties, Inc. (Equity REIT) | 1,100 | 81,741 | |
Equity Residential (Equity REIT) | 1,510 | 116,270 | |
Essex Property Trust, Inc. (Equity REIT) | 270 | 81,003 | |
Extra Space Storage, Inc. (Equity REIT) | 530 | 86,825 | |
Gaming and Leisure Properties, Inc. (Equity REIT) | 1,640 | 75,981 | |
Healthpeak Properties, Inc. (Equity REIT) | 2,220 | 73,904 | |
Host Hotels & Resorts, Inc. (Equity REIT) | (a) | 4,200 | 71,778 |
Invitation Homes, Inc. (Equity REIT) | 2,300 | 85,767 | |
Iron Mountain, Inc. (Equity REIT) | 1,900 | 80,408 | |
Jones Lang LaSalle, Inc. (Real Estate Mgmt. & Development) | (a) | 410 | 80,139 |
Kimco Realty Corp. (Equity REIT) | 3,630 | 75,685 | |
Lamar Advertising Co. Class A (Equity REIT) | 767 | 80,090 | |
Medical Properties Trust, Inc. (Equity REIT) | 3,460 | 69,546 |
Ohio National Fund, Inc. | ON AB Mid Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Real Estate (continued) | |||
MGM Growth Properties LLC Class A (Equity REIT) | 9,520 | $ 348,622 | |
Mid-America Apartment Communities, Inc. (Equity REIT) | 480 | 80,842 | |
Omega Healthcare Investors, Inc. (Equity REIT) | 2,010 | 72,943 | |
Physicians Realty Trust (Equity REIT) | 20,080 | 370,878 | |
Realty Income Corp. (Equity REIT) | 1,530 | 102,112 | |
Regency Centers Corp. (Equity REIT) | 1,200 | 76,884 | |
RLJ Lodging Trust (Equity REIT) | 19,270 | 293,482 | |
Safehold, Inc. (Equity REIT) | 4,000 | 314,000 | |
SBA Communications Corp. (Equity REIT) | 420 | 133,854 | |
Simon Property Group, Inc. (Equity REIT) | 1,340 | 174,843 | |
STAG Industrial, Inc. (Equity REIT) | 10,650 | 398,629 | |
STORE Capital Corp. (Equity REIT) | 2,130 | 73,506 | |
Sun Communities, Inc. (Equity REIT) | 460 | 78,844 | |
UDR, Inc. (Equity REIT) | 1,640 | 80,327 | |
Ventas, Inc. (Equity REIT) | 1,530 | 87,363 | |
VEREIT, Inc. (Equity REIT) | 1,590 | 73,029 | |
VICI Properties, Inc. (Equity REIT) | 2,400 | 74,448 | |
Vornado Realty Trust (Equity REIT) | 1,670 | 77,939 | |
W.P. Carey, Inc. (Equity REIT) | 1,020 | 76,112 | |
Welltower, Inc. (Equity REIT) | 1,710 | 142,101 | |
Weyerhaeuser Co. (Equity REIT) | 3,060 | 105,325 | |
6,196,999 | |||
Utilities–2.3% | |||
AES Corp. / The (Ind. Power & Renewable Elec.) | 2,740 | 71,432 | |
Alliant Energy Corp. (Electric Utilities) | 1,358 | 75,722 | |
Ameren Corp. (Multi-Utilities) | 1,010 | 80,840 | |
American Water Works Co., Inc. (Water Utilities) | 750 | 115,598 | |
Atmos Energy Corp. (Gas Utilities) | 740 | 71,121 |
Common Stocks (Continued) | Shares | Value | |
Utilities (continued) | |||
Avangrid, Inc. (Electric Utilities) | 1,500 | $ 77,145 | |
CenterPoint Energy, Inc. (Multi-Utilities) | 3,110 | 76,257 | |
CMS Energy Corp. (Multi-Utilities) | 1,180 | 69,714 | |
Consolidated Edison, Inc. (Multi-Utilities) | 1,410 | 101,125 | |
DTE Energy Co. (Multi-Utilities) | 790 | 102,384 | |
Edison International (Electric Utilities) | 1,470 | 84,995 | |
Entergy Corp. (Electric Utilities) | 830 | 82,751 | |
Essential Utilities, Inc. (Water Utilities) | 1,620 | 74,034 | |
Evergy, Inc. (Electric Utilities) | 1,190 | 71,912 | |
Eversource Energy (Electric Utilities) | 1,400 | 112,336 | |
FirstEnergy Corp. (Electric Utilities) | 2,210 | 82,234 | |
IDACORP, Inc. (Electric Utilities) | 4,080 | 397,800 | |
NiSource, Inc. (Multi-Utilities) | 2,930 | 71,785 | |
PPL Corp. (Electric Utilities) | 3,140 | 87,826 | |
Public Service Enterprise Group, Inc. (Multi-Utilities) | 2,070 | 123,662 | |
Southwest Gas Holdings, Inc. (Gas Utilities) | 2,860 | 189,304 | |
WEC Energy Group, Inc. (Multi-Utilities) | 1,290 | 114,746 | |
Xcel Energy, Inc. (Electric Utilities) | 2,150 | 141,642 | |
2,476,365 | |||
Total Common Stocks (Cost $103,280,524) | $106,269,789 |
Money Market Funds–1.0% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 1,111,667 | $ 1,112,000 |
Total Money Market Funds (Cost $1,112,000) | $ 1,112,000 | ||
Total Investments – 100.2% (Cost $104,392,524) | (c) | $107,381,789 | |
Liabilities in Excess of Other Assets – (0.2)% | (198,619) | ||
Net Assets – 100.0% | $107,183,170 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
ADR: | American Depositary Receipts |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Unaudited) |
Average Annual returns | |
One year | 40.31% |
Five years | 17.20% |
Ten years | 14.35% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 99.7 |
Money Market Funds and Other Net Assets | 0.3 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Apple, Inc. | 5.9 |
2. | Microsoft Corp. | 5.6 |
3. | Amazon.com, Inc. | 4.1 |
4. | Facebook, Inc. Class A | 2.3 |
5. | Alphabet, Inc. Class A | 2.0 |
6. | Alphabet, Inc. Class C | 2.0 |
7. | Berkshire Hathaway, Inc. Class B | 1.4 |
8. | Tesla, Inc. | 1.4 |
9. | NVIDIA Corp. | 1.4 |
10. | JPMorgan Chase & Co. | 1.3 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Information Technology | 27.4 |
Health Care | 13.0 |
Consumer Discretionary | 12.2 |
Financials | 11.3 |
Communication Services | 11.1 |
Industrials | 8.5 |
Consumer Staples | 5.8 |
Energy | 2.8 |
Materials | 2.6 |
Real Estate | 2.6 |
Utilities | 2.4 |
99.7 |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–99.7% | Shares | Value | |
Communication Services–11.1% | |||
Activision Blizzard, Inc. (Entertainment) | 27,260 | $ 2,601,694 | |
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 10,472 | 25,570,425 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 10,061 | 25,216,086 |
AT&T, Inc. (Diversified Telecom. Svs.) | 250,548 | ��� 7,210,771 | |
Charter Communications, Inc. Class A (Media) | (a) | 4,831 | 3,485,325 |
Comcast Corp. Class A (Media) | 160,799 | 9,168,759 | |
Discovery, Inc. Class A (Media) | (a) | 5,049 | 154,903 |
Discovery, Inc. Class C (Media) | (a) | 11,638 | 337,269 |
DISH Network Corp. Class A (Media) | (a) | 8,721 | 364,538 |
Electronic Arts, Inc. (Entertainment) | 10,045 | 1,444,772 | |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 84,045 | 29,223,287 |
Fox Corp. Class A (Media) | 12,211 | 453,394 | |
Fox Corp. Class B (Media) | 4,526 | 159,315 | |
Interpublic Group of Cos., Inc. / The (Media) | 13,907 | 451,838 | |
Live Nation Entertainment, Inc. (Entertainment) | (a) | 5,140 | 450,213 |
Lumen Technologies, Inc. (Diversified Telecom. Svs.) | 34,854 | 473,666 | |
Netflix, Inc. (Entertainment) | (a) | 15,554 | 8,215,778 |
News Corp. Class A (Media) | 15,661 | 403,584 | |
News Corp. Class B (Media) | 2,172 | 52,888 | |
Omnicom Group, Inc. (Media) | 7,549 | 603,845 | |
Take-Two Interactive Software, Inc. (Entertainment) | (a) | 4,080 | 722,242 |
T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | (a) | 20,538 | 2,974,519 |
Twitter, Inc. (Interactive Media & Svs.) | (a) | 28,101 | 1,933,630 |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 145,200 | 8,135,556 | |
ViacomCBS, Inc. Class B (Media) | 21,110 | 954,172 | |
Walt Disney Co. / The (Entertainment) | (a) | 63,724 | 11,200,768 |
141,963,237 | |||
Consumer Discretionary–12.2% | |||
Advance Auto Parts, Inc. (Specialty Retail) | 2,282 | 468,129 | |
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 15,037 | 51,729,686 |
Aptiv PLC (Auto Components) | (a) | 9,527 | 1,498,883 |
AutoZone, Inc. (Specialty Retail) | (a) | 757 | 1,129,611 |
Best Buy Co., Inc. (Specialty Retail) | 7,768 | 893,165 | |
Booking Holdings, Inc. (Internet & Direct Marketing Retail) | (a) | 1,441 | 3,153,038 |
BorgWarner, Inc. (Auto Components) | 8,402 | 407,833 | |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 7,280 | 755,300 |
CarMax, Inc. (Specialty Retail) | (a) | 5,704 | 736,672 |
Carnival Corp. (Hotels, Restaurants & Leisure) | (a) | 27,763 | 731,833 |
Chipotle Mexican Grill, Inc. (Hotels, Restaurants & Leisure) | (a) | 986 | 1,528,635 |
D.R. Horton, Inc. (Household Durables) | 11,562 | 1,044,858 | |
Darden Restaurants, Inc. (Hotels, Restaurants & Leisure) | 4,539 | 662,649 | |
Dollar General Corp. (Multiline Retail) | 8,297 | 1,795,388 | |
Dollar Tree, Inc. (Multiline Retail) | (a) | 8,151 | 811,025 |
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 1,354 | 631,627 | |
eBay, Inc. (Internet & Direct Marketing Retail) | 22,608 | 1,587,308 | |
Etsy, Inc. (Internet & Direct Marketing Retail) | (a) | 4,457 | 917,429 |
Expedia Group, Inc. (Hotels, Restaurants & Leisure) | (a) | 5,001 | 818,714 |
Ford Motor Co. (Automobiles) | (a) | 137,581 | 2,044,454 |
Gap, Inc. / The (Specialty Retail) | 7,453 | 250,793 | |
Garmin Ltd. (Household Durables) | 5,222 | 755,310 | |
General Motors Co. (Automobiles) | (a)(b) | 44,780 | 2,649,633 |
Genuine Parts Co. (Distributors) | 5,085 | 643,100 | |
Hanesbrands, Inc. (Textiles, Apparel & Luxury Goods) | 11,873 | 221,669 | |
Hasbro, Inc. (Leisure Products) | 4,525 | 427,703 |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
Hilton Worldwide Holdings, Inc. (Hotels, Restaurants & Leisure) | (a) | 9,820 | $ 1,184,488 |
Home Depot, Inc. / The (Specialty Retail) | 37,304 | 11,895,873 | |
L Brands, Inc. (Specialty Retail) | 8,191 | 590,243 | |
Las Vegas Sands Corp. (Hotels, Restaurants & Leisure) | (a) | 11,487 | 605,250 |
Leggett & Platt, Inc. (Household Durables) | 4,742 | 245,683 | |
Lennar Corp. Class A (Household Durables) | 9,713 | 964,987 | |
LKQ Corp. (Distributors) | (a) | 9,754 | 480,092 |
Lowe's Cos., Inc. (Specialty Retail) | 24,807 | 4,811,814 | |
Marriott International, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 9,365 | 1,278,510 |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 26,181 | 6,047,549 | |
MGM Resorts International (Hotels, Restaurants & Leisure) | 14,092 | 601,024 | |
Mohawk Industries, Inc. (Household Durables) | (a) | 2,070 | 397,833 |
Newell Brands, Inc. (Household Durables) | 13,205 | 362,741 | |
NIKE, Inc. Class B (Textiles, Apparel & Luxury Goods) | 44,746 | 6,912,810 | |
Norwegian Cruise Line Holdings Ltd. (Hotels, Restaurants & Leisure) | (a) | 13,098 | 385,212 |
NVR, Inc. (Household Durables) | (a) | 119 | 591,823 |
O'Reilly Automotive, Inc. (Specialty Retail) | (a) | 2,439 | 1,380,986 |
Penn National Gaming, Inc. (Hotels, Restaurants & Leisure) | (a) | 5,227 | 399,813 |
Pool Corp. (Distributors) | 1,407 | 645,335 | |
PulteGroup, Inc. (Household Durables) | 9,226 | 503,463 | |
PVH Corp. (Textiles, Apparel & Luxury Goods) | (a) | 2,460 | 264,671 |
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 1,729 | 203,693 | |
Ross Stores, Inc. (Specialty Retail) | 12,491 | 1,548,884 | |
Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | (a) | 7,703 | 656,912 |
Starbucks Corp. (Hotels, Restaurants & Leisure) | 41,345 | 4,622,784 | |
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 9,619 | 418,234 |
Target Corp. (Multiline Retail) | 17,360 | 4,196,606 | |
Tesla, Inc. (Automobiles) | (a) | 27,033 | 18,374,330 |
TJX Cos., Inc. / The (Specialty Retail) | 42,345 | 2,854,900 | |
Tractor Supply Co. (Specialty Retail) | 4,023 | 748,519 | |
Ulta Beauty, Inc. (Specialty Retail) | (a) | 1,937 | 669,756 |
Under Armour, Inc. Class A (Textiles, Apparel & Luxury Goods) | (a) | 6,316 | 133,583 |
Under Armour, Inc. Class C (Textiles, Apparel & Luxury Goods) | (a) | 6,976 | 129,544 |
V.F. Corp. (Textiles, Apparel & Luxury Goods) | 11,370 | 932,795 | |
Whirlpool Corp. (Household Durables) | 2,223 | 484,658 | |
Wynn Resorts Ltd. (Hotels, Restaurants & Leisure) | (a) | 3,697 | 452,143 |
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 10,411 | 1,197,577 | |
156,469,563 | |||
Consumer Staples–5.8% | |||
Altria Group, Inc. (Tobacco) | 64,956 | 3,097,102 | |
Archer-Daniels-Midland Co. (Food Products) | 19,586 | 1,186,912 | |
Brown-Forman Corp. Class B (Beverages) | 6,434 | 482,164 | |
Campbell Soup Co. (Food Products) | 7,160 | 326,424 | |
Church & Dwight Co., Inc. (Household Products) | 8,599 | 732,807 | |
Clorox Co. / The (Household Products) | 4,371 | 786,387 | |
Coca-Cola Co. / The (Beverages) | 136,150 | 7,367,077 | |
Colgate-Palmolive Co. (Household Products) | 29,676 | 2,414,143 | |
Conagra Brands, Inc. (Food Products) | 16,813 | 611,657 | |
Constellation Brands, Inc. Class A (Beverages) | 5,934 | 1,387,903 |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Consumer Staples (continued) | |||
Costco Wholesale Corp. (Food & Staples Retailing) | 15,511 | $ 6,137,237 | |
Estee Lauder Cos., Inc. / The Class A (Personal Products) | 8,131 | 2,586,308 | |
General Mills, Inc. (Food Products) | 21,527 | 1,311,640 | |
Hershey Co. / The (Food Products) | 5,096 | 887,621 | |
Hormel Foods Corp. (Food Products) | 10,047 | 479,744 | |
J.M. Smucker Co. / The (Food Products) | 3,862 | 500,399 | |
Kellogg Co. (Food Products) | 8,766 | 563,917 | |
Kimberly-Clark Corp. (Household Products) | 11,873 | 1,588,370 | |
Kraft Heinz Co. / The (Food Products) | 22,881 | 933,087 | |
Kroger Co. / The (Food & Staples Retailing) | 26,571 | 1,017,935 | |
Lamb Weston Holdings, Inc. (Food Products) | 5,051 | 407,414 | |
McCormick & Co., Inc. (Food Products) | 8,705 | 768,826 | |
Molson Coors Beverage Co. Class B (Beverages) | (a) | 6,613 | 355,052 |
Mondelez International, Inc. Class A (Food Products) | 49,239 | 3,074,483 | |
Monster Beverage Corp. (Beverages) | (a) | 12,942 | 1,182,252 |
PepsiCo, Inc. (Beverages) | 48,484 | 7,183,874 | |
Philip Morris International, Inc. (Tobacco) | 54,656 | 5,416,956 | |
Procter & Gamble Co. / The (Household Products) | 85,860 | 11,585,090 | |
Sysco Corp. (Food & Staples Retailing) | 18,008 | 1,400,122 | |
Tyson Foods, Inc. Class A (Food Products) | 10,406 | 767,547 | |
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 25,030 | 1,316,828 | |
Walmart, Inc. (Food & Staples Retailing) | 48,164 | 6,792,087 | |
74,649,365 | |||
Energy–2.8% | |||
APA Corp. (Oil, Gas & Consumable Fuels) | 13,119 | 283,764 | |
Baker Hughes Co. (Energy Equip. & Svs.) | 25,745 | 588,788 | |
Cabot Oil & Gas Corp. (Oil, Gas & Consumable Fuels) | 13,642 | 238,189 | |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 67,801 | 7,101,477 | |
ConocoPhillips (Oil, Gas & Consumable Fuels) | 47,400 | 2,886,660 | |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 20,735 | 605,255 | |
Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 6,338 | 595,075 | |
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 20,472 | 1,708,184 | |
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 148,506 | 9,367,758 | |
Halliburton Co. (Energy Equip. & Svs.) | 31,529 | 728,950 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 9,571 | 835,740 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 68,294 | 1,245,000 | |
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 27,528 | 374,931 | |
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 22,274 | 1,345,795 | |
NOV, Inc. (Energy Equip. & Svs.) | (a) | 13,200 | 202,224 |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 29,689 | 928,375 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 15,743 | 875,940 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 15,335 | 1,316,050 | |
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 8,136 | 1,322,263 | |
Schlumberger N.V. (Energy Equip. & Svs.) | 48,969 | 1,567,498 | |
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 14,345 | 1,120,057 | |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 42,855 | 1,137,800 | |
36,375,773 | |||
Financials–11.3% | |||
Aflac, Inc. (Insurance) | 22,274 | 1,195,223 | |
Allstate Corp. / The (Insurance) | 10,433 | 1,360,880 |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
American Express Co. (Consumer Finance) | 22,822 | $ 3,770,879 | |
American International Group, Inc. (Insurance) | 30,204 | 1,437,710 | |
Ameriprise Financial, Inc. (Capital Markets) | 4,097 | 1,019,661 | |
Aon PLC Class A (Insurance) | 7,911 | 1,888,830 | |
Arthur J. Gallagher & Co. (Insurance) | 7,178 | 1,005,494 | |
Assurant, Inc. (Insurance) | 2,149 | 335,631 | |
Bank of America Corp. (Banks) | 264,500 | 10,905,335 | |
Bank of New York Mellon Corp. / The (Capital Markets) | 28,324 | 1,451,038 | |
Berkshire Hathaway, Inc. Class B (Diversified Financial Svs.) | (a) | 66,466 | 18,472,231 |
BlackRock, Inc. (Capital Markets) | 4,972 | 4,350,351 | |
Capital One Financial Corp. (Consumer Finance) | 15,842 | 2,450,599 | |
CBOE Global Markets, Inc. (Capital Markets) | 3,734 | 444,533 | |
Charles Schwab Corp. / The (Capital Markets) | 52,595 | 3,829,442 | |
Chubb Ltd. (Insurance) | 15,789 | 2,509,504 | |
Cincinnati Financial Corp. (Insurance) | 5,293 | 617,270 | |
Citigroup, Inc. (Banks) | 72,528 | 5,131,356 | |
Citizens Financial Group, Inc. (Banks) | 14,787 | 678,280 | |
CME Group, Inc. (Capital Markets) | 12,595 | 2,678,705 | |
Comerica, Inc. (Banks) | 4,861 | 346,784 | |
Discover Financial Services (Consumer Finance) | 10,680 | 1,263,337 | |
Everest Re Group Ltd. (Insurance) | 1,416 | 356,846 | |
Fifth Third Bancorp (Banks) | 24,794 | 947,875 | |
First Republic Bank (Banks) | 6,197 | 1,159,892 | |
Franklin Resources, Inc. (Capital Markets) | 9,333 | 298,563 | |
Globe Life, Inc. (Insurance) | 3,365 | 320,516 | |
Goldman Sachs Group, Inc. / The (Capital Markets) | 11,933 | 4,528,931 | |
Hartford Financial Services Group, Inc. / The (Insurance) | 12,407 | 768,862 | |
Huntington Bancshares, Inc. (Banks) | 51,995 | 741,969 | |
Intercontinental Exchange, Inc. (Capital Markets) | 19,737 | 2,342,782 | |
Invesco Ltd. (Capital Markets) | 13,255 | 354,306 | |
JPMorgan Chase & Co. (Banks) | 106,175 | 16,514,459 | |
KeyCorp (Banks) | 33,688 | 695,657 | |
Lincoln National Corp. (Insurance) | 6,237 | 391,933 | |
Loews Corp. (Insurance) | 7,752 | 423,647 | |
M&T Bank Corp. (Banks) | 4,503 | 654,331 | |
MarketAxess Holdings, Inc. (Capital Markets) | 1,340 | 621,211 | |
Marsh & McLennan Cos., Inc. (Insurance) | 17,841 | 2,509,872 | |
MetLife, Inc. (Insurance) | 26,210 | 1,568,668 | |
Moody's Corp. (Capital Markets) | 5,633 | 2,041,230 | |
Morgan Stanley (Capital Markets) | 52,196 | 4,785,851 | |
MSCI, Inc. (Capital Markets) | 2,904 | 1,548,064 | |
Nasdaq, Inc. (Capital Markets) | 3,990 | 701,442 | |
Northern Trust Corp. (Capital Markets) | 7,366 | 851,657 | |
People's United Financial, Inc. (Banks) | 15,347 | 263,048 | |
PNC Financial Services Group, Inc. / The (Banks) | 14,901 | 2,842,515 | |
Principal Financial Group, Inc. (Insurance) | 8,796 | 555,819 | |
Progressive Corp. / The (Insurance) | 20,505 | 2,013,796 | |
Prudential Financial, Inc. (Insurance) | 13,840 | 1,418,185 | |
Raymond James Financial, Inc. (Capital Markets) | 4,263 | 553,764 | |
Regions Financial Corp. (Banks) | 33,939 | 684,889 | |
S&P Global, Inc. (Capital Markets) | 8,451 | 3,468,713 | |
State Street Corp. (Capital Markets) | 12,174 | 1,001,677 | |
SVB Financial Group (Banks) | (a) | 1,918 | 1,067,233 |
Synchrony Financial (Consumer Finance) | 19,002 | 921,977 | |
T. Rowe Price Group, Inc. (Capital Markets) | 7,950 | 1,573,861 | |
Travelers Cos., Inc. / The (Insurance) | 8,782 | 1,314,753 | |
Truist Financial Corp. (Banks) | 47,190 | 2,619,045 | |
U.S. Bancorp (Banks) | 47,568 | 2,709,949 | |
Unum Group (Insurance) | 7,305 | 207,462 | |
W.R. Berkley Corp. (Insurance) | 4,983 | 370,885 |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
Wells Fargo & Co. (Banks) | 145,004 | $ 6,567,231 | |
Willis Towers Watson PLC (Insurance) | 4,493 | 1,033,480 | |
Zions Bancorp N.A. (Banks) | 5,756 | 304,262 | |
143,764,181 | |||
Health Care–13.0% | |||
Abbott Laboratories (Health Care Equip. & Supplies) | 62,335 | 7,226,497 | |
AbbVie, Inc. (Biotechnology) | 61,948 | 6,977,823 | |
ABIOMED, Inc. (Health Care Equip. & Supplies) | (a) | 1,569 | 489,701 |
Agilent Technologies, Inc. (Life Sciences Tools & Svs.) | 10,620 | 1,569,742 | |
Alexion Pharmaceuticals, Inc. (Biotechnology) | (a) | 7,790 | 1,431,101 |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 2,524 | 1,542,164 |
AmerisourceBergen Corp. (Health Care Providers & Svs.) | 5,188 | 593,974 | |
Amgen, Inc. (Biotechnology) | 20,153 | 4,912,294 | |
Anthem, Inc. (Health Care Providers & Svs.) | 8,593 | 3,280,807 | |
Baxter International, Inc. (Health Care Equip. & Supplies) | 17,690 | 1,424,045 | |
Becton Dickinson and Co. (Health Care Equip. & Supplies) | 10,194 | 2,479,079 | |
Biogen, Inc. (Biotechnology) | (a) | 5,276 | 1,826,920 |
Bio-Rad Laboratories, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 764 | 492,238 |
Boston Scientific Corp. (Health Care Equip. & Supplies) | (a) | 49,861 | 2,132,056 |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 78,379 | 5,237,285 | |
Cardinal Health, Inc. (Health Care Providers & Svs.) | 10,158 | 579,920 | |
Catalent, Inc. (Pharmaceuticals) | (a) | 5,932 | 641,368 |
Centene Corp. (Health Care Providers & Svs.) | (a) | 20,440 | 1,490,689 |
Cerner Corp. (Health Care Technology) | 10,568 | 825,995 | |
Charles River Laboratories International, Inc. (Life Sciences Tools & Svs.) | (a) | 1,769 | 654,388 |
Cigna Corp. (Health Care Providers & Svs.) | 12,043 | 2,855,034 | |
Cooper Cos., Inc. / The (Health Care Equip. & Supplies) | 1,735 | 687,528 | |
CVS Health Corp. (Health Care Providers & Svs.) | 46,212 | 3,855,929 | |
Danaher Corp. (Health Care Equip. & Supplies) | 22,271 | 5,976,646 | |
DaVita, Inc. (Health Care Providers & Svs.) | (a) | 2,469 | 297,342 |
DENTSPLY SIRONA, Inc. (Health Care Equip. & Supplies) | 7,569 | 478,815 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 3,382 | 1,444,114 |
Edwards Lifesciences Corp. (Health Care Equip. & Supplies) | (a) | 21,810 | 2,258,862 |
Eli Lilly & Co. (Pharmaceuticals) | 27,923 | 6,408,887 | |
Gilead Sciences, Inc. (Biotechnology) | 44,008 | 3,030,391 | |
HCA Healthcare, Inc. (Health Care Providers & Svs.) | 9,206 | 1,903,248 | |
Henry Schein, Inc. (Health Care Providers & Svs.) | (a) | 4,845 | 359,451 |
Hologic, Inc. (Health Care Equip. & Supplies) | (a) | 9,053 | 604,016 |
Humana, Inc. (Health Care Providers & Svs.) | 4,514 | 1,998,438 | |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 2,993 | 1,890,229 |
Illumina, Inc. (Life Sciences Tools & Svs.) | (a) | 5,117 | 2,421,416 |
Incyte Corp. (Biotechnology) | (a) | 6,542 | 550,378 |
Intuitive Surgical, Inc. (Health Care Equip. & Supplies) | (a) | 4,155 | 3,821,104 |
IQVIA Holdings, Inc. (Life Sciences Tools & Svs.) | (a) | 6,711 | 1,626,210 |
Johnson & Johnson (Pharmaceuticals) | 92,372 | 15,217,363 | |
Laboratory Corp. of America Holdings (Health Care Providers & Svs.) | (a) | 3,409 | 940,373 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
McKesson Corp. (Health Care Providers & Svs.) | 5,580 | $ 1,067,119 | |
Medtronic PLC (Health Care Equip. & Supplies) | 47,198 | 5,858,688 | |
Merck & Co., Inc. (Pharmaceuticals) | 88,854 | 6,910,176 | |
Mettler-Toledo International, Inc. (Life Sciences Tools & Svs.) | (a) | 821 | 1,137,364 |
Organon & Co. (Pharmaceuticals) | (a) | 8,930 | 270,222 |
PerkinElmer, Inc. (Life Sciences Tools & Svs.) | 3,948 | 609,611 | |
Perrigo Co. PLC (Pharmaceuticals) | 4,544 | 208,342 | |
Pfizer, Inc. (Pharmaceuticals) | 196,388 | 7,690,554 | |
Quest Diagnostics, Inc. (Health Care Providers & Svs.) | 4,543 | 599,540 | |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | (a) | 3,674 | 2,052,076 |
ResMed, Inc. (Health Care Equip. & Supplies) | 5,089 | 1,254,540 | |
STERIS PLC (Health Care Equip. & Supplies) | 3,445 | 710,703 | |
Stryker Corp. (Health Care Equip. & Supplies) | 11,496 | 2,985,856 | |
Teleflex, Inc. (Health Care Equip. & Supplies) | 1,648 | 662,150 | |
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Svs.) | 13,783 | 6,953,110 | |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 33,107 | 13,257,367 | |
Universal Health Services, Inc. Class B (Health Care Providers & Svs.) | 2,775 | 406,343 | |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 9,083 | 1,831,405 |
Viatris, Inc. (Pharmaceuticals) | 42,094 | 601,523 | |
Waters Corp. (Life Sciences Tools & Svs.) | (a) | 2,170 | 749,974 |
West Pharmaceutical Services, Inc. (Health Care Equip. & Supplies) | 2,607 | 936,174 | |
Zimmer Biomet Holdings, Inc. (Health Care Equip. & Supplies) | 7,273 | 1,169,644 | |
Zoetis, Inc. (Pharmaceuticals) | 16,657 | 3,104,198 | |
165,460,539 | |||
Industrials–8.5% | |||
3M Co. (Industrial Conglomerates) | 20,341 | 4,040,333 | |
A.O. Smith Corp. (Building Products) | 4,702 | 338,826 | |
Alaska Air Group, Inc. (Airlines) | (a) | 4,327 | 260,961 |
Allegion PLC (Building Products) | 3,192 | 444,646 | |
American Airlines Group, Inc. (Airlines) | (a) | 22,533 | 477,925 |
AMETEK, Inc. (Electrical Equip.) | 8,080 | 1,078,680 | |
Boeing Co. / The (Aerospace & Defense) | (a) | 19,291 | 4,621,352 |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 4,593 | 430,226 | |
Carrier Global Corp. (Building Products) | 28,519 | 1,386,023 | |
Caterpillar, Inc. (Machinery) | 19,213 | 4,181,325 | |
Cintas Corp. (Commercial Svs. & Supplies) | 3,091 | 1,180,762 | |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 7,322 | 965,259 |
CSX Corp. (Road & Rail) | 79,717 | 2,557,321 | |
Cummins, Inc. (Machinery) | 5,100 | 1,243,431 | |
Deere & Co. (Machinery) | 10,940 | 3,858,647 | |
Delta Air Lines, Inc. (Airlines) | (a) | 22,588 | 977,157 |
Dover Corp. (Machinery) | 5,003 | 753,452 | |
Eaton Corp. PLC (Electrical Equip.) | 14,037 | 2,080,003 | |
Emerson Electric Co. (Electrical Equip.) | 20,998 | 2,020,848 | |
Equifax, Inc. (Professional Svs.) | 4,274 | 1,023,666 | |
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 5,887 | 745,294 | |
Fastenal Co. (Trading Companies & Distributors) | 20,075 | 1,043,900 | |
FedEx Corp. (Air Freight & Logistics) | 8,576 | 2,558,478 | |
Fortive Corp. (Machinery) | 11,975 | 835,137 | |
Fortune Brands Home & Security, Inc. (Building Products) | 4,896 | 487,691 | |
Generac Holdings, Inc. (Electrical Equip.) | (a) | 2,203 | 914,575 |
General Dynamics Corp. (Aerospace & Defense) | 7,989 | 1,504,009 | |
General Electric Co. (Industrial Conglomerates) | 307,958 | 4,145,115 |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
Honeywell International, Inc. (Industrial Conglomerates) | 24,358 | $ 5,342,927 | |
Howmet Aerospace, Inc. (Aerospace & Defense) | (a) | 13,843 | 477,168 |
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 1,408 | 296,736 | |
IDEX Corp. (Machinery) | 2,674 | 588,414 | |
IHS Markit Ltd. (Professional Svs.) | 13,140 | 1,480,352 | |
Illinois Tool Works, Inc. (Machinery) | 10,069 | 2,251,026 | |
Ingersoll Rand, Inc. (Machinery) | (a) | 13,163 | 642,486 |
J.B. Hunt Transport Services, Inc. (Road & Rail) | 2,947 | 480,214 | |
Jacobs Engineering Group, Inc. (Construction & Engineering) | 4,603 | 614,132 | |
Johnson Controls International PLC (Building Products) | 25,075 | 1,720,897 | |
Kansas City Southern (Road & Rail) | 3,163 | 896,299 | |
L3Harris Technologies, Inc. (Aerospace & Defense) | 7,215 | 1,559,522 | |
Lockheed Martin Corp. (Aerospace & Defense) | 8,584 | 3,247,756 | |
Masco Corp. (Building Products) | 9,024 | 531,604 | |
Nielsen Holdings PLC (Professional Svs.) | 12,544 | 309,461 | |
Norfolk Southern Corp. (Road & Rail) | 8,775 | 2,328,973 | |
Northrop Grumman Corp. (Aerospace & Defense) | 5,254 | 1,909,461 | |
Old Dominion Freight Line, Inc. (Road & Rail) | 3,359 | 852,514 | |
Otis Worldwide Corp. (Machinery) | 14,242 | 1,164,568 | |
PACCAR, Inc. (Machinery) | 12,243 | 1,092,688 | |
Parker-Hannifin Corp. (Machinery) | 4,505 | 1,383,531 | |
Pentair PLC (Machinery) | 5,857 | 395,289 | |
Quanta Services, Inc. (Construction & Engineering) | 4,970 | 450,133 | |
Raytheon Technologies Corp. (Aerospace & Defense) | 53,137 | 4,533,118 | |
Republic Services, Inc. (Commercial Svs. & Supplies) | 7,440 | 818,474 | |
Robert Half International, Inc. (Professional Svs.) | 3,978 | 353,923 | |
Rockwell Automation, Inc. (Electrical Equip.) | 4,066 | 1,162,957 | |
Rollins, Inc. (Commercial Svs. & Supplies) | 7,580 | 259,236 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 3,686 | 1,733,157 | |
Snap-on, Inc. (Machinery) | 1,887 | 421,612 | |
Southwest Airlines Co. (Airlines) | (a) | 20,840 | 1,106,396 |
Stanley Black & Decker, Inc. (Machinery) | 5,688 | 1,165,983 | |
Teledyne Technologies, Inc. (Aerospace & Defense) | (a) | 1,617 | 677,248 |
Textron, Inc. (Aerospace & Defense) | 8,004 | 550,435 | |
Trane Technologies PLC (Building Products) | 8,381 | 1,543,277 | |
TransDigm Group, Inc. (Aerospace & Defense) | (a) | 1,919 | 1,242,150 |
Union Pacific Corp. (Road & Rail) | 23,306 | 5,125,689 | |
United Airlines Holdings, Inc. (Airlines) | (a) | 11,281 | 589,884 |
United Parcel Service, Inc. Class B (Air Freight & Logistics) | 25,382 | 5,278,695 | |
United Rentals, Inc. (Trading Companies & Distributors) | (a) | 2,531 | 807,414 |
Verisk Analytics, Inc. (Professional Svs.) | 5,688 | 993,807 | |
W.W. Grainger, Inc. (Trading Companies & Distributors) | 1,527 | 668,826 | |
Waste Management, Inc. (Commercial Svs. & Supplies) | 13,609 | 1,906,757 | |
Westinghouse Air Brake Technologies Corp. (Machinery) | 6,313 | 519,560 | |
Xylem, Inc. (Machinery) | 6,300 | 755,748 | |
108,385,539 | |||
Information Technology–27.4% | |||
Accenture PLC Class A (IT Svs.) | 22,290 | 6,570,869 | |
Adobe, Inc. (Software) | (a) | 16,764 | 9,817,669 |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Advanced Micro Devices, Inc. (Semiconductors & Equip.) | (a) | 42,625 | $ 4,003,766 |
Akamai Technologies, Inc. (IT Svs.) | (a) | 5,680 | 662,288 |
Amphenol Corp. Class A (Electronic Equip., Instr. & Comp.) | 20,846 | 1,426,075 | |
Analog Devices, Inc. (Semiconductors & Equip.) | 12,919 | 2,224,135 | |
ANSYS, Inc. (Software) | (a) | 3,065 | 1,063,739 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 550,219 | 75,357,994 | |
Applied Materials, Inc. (Semiconductors & Equip.) | 32,180 | 4,582,432 | |
Arista Networks, Inc. (Communications Equip.) | (a) | 1,912 | 692,737 |
Autodesk, Inc. (Software) | (a) | 7,712 | 2,251,133 |
Automatic Data Processing, Inc. (IT Svs.) | 14,926 | 2,964,602 | |
Broadcom, Inc. (Semiconductors & Equip.) | 14,316 | 6,826,442 | |
Broadridge Financial Solutions, Inc. (IT Svs.) | 4,114 | 664,534 | |
Cadence Design Systems, Inc. (Software) | (a) | 9,733 | 1,331,669 |
CDW Corp. (Electronic Equip., Instr. & Comp.) | 4,879 | 852,117 | |
Cisco Systems, Inc. (Communications Equip.) | 147,859 | 7,836,527 | |
Citrix Systems, Inc. (Software) | 4,419 | 518,216 | |
Cognizant Technology Solutions Corp. Class A (IT Svs.) | 18,568 | 1,286,020 | |
Corning, Inc. (Electronic Equip., Instr. & Comp.) | 27,215 | 1,113,094 | |
DXC Technology Co. (IT Svs.) | (a) | 9,093 | 354,081 |
Enphase Energy, Inc. (Semiconductors & Equip.) | (a) | 4,796 | 880,690 |
F5 Networks, Inc. (Communications Equip.) | (a) | 2,055 | 383,586 |
Fidelity National Information Services, Inc. (IT Svs.) | 21,756 | 3,082,173 | |
Fiserv, Inc. (IT Svs.) | (a) | 20,877 | 2,231,543 |
FleetCor Technologies, Inc. (IT Svs.) | (a) | 2,934 | 751,280 |
Fortinet, Inc. (Software) | (a) | 4,753 | 1,132,117 |
Gartner, Inc. (IT Svs.) | (a) | 3,040 | 736,288 |
Global Payments, Inc. (IT Svs.) | 10,334 | 1,938,038 | |
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 46,188 | 673,421 | |
HP, Inc. (Tech. Hardware, Storage & Periph.) | 42,094 | 1,270,818 | |
Intel Corp. (Semiconductors & Equip.) | 141,639 | 7,951,614 | |
International Business Machines Corp. (IT Svs.) | 31,349 | 4,595,450 | |
Intuit, Inc. (Software) | 9,583 | 4,697,299 | |
IPG Photonics Corp. (Electronic Equip., Instr. & Comp.) | (a) | 1,286 | 271,050 |
Jack Henry & Associates, Inc. (IT Svs.) | 2,602 | 425,453 | |
Juniper Networks, Inc. (Communications Equip.) | 11,425 | 312,474 | |
Keysight Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 6,477 | 1,000,114 |
KLA Corp. (Semiconductors & Equip.) | 5,375 | 1,742,629 | |
Lam Research Corp. (Semiconductors & Equip.) | 5,002 | 3,254,801 | |
Leidos Holdings, Inc. (IT Svs.) | 4,653 | 470,418 | |
Mastercard, Inc. Class A (IT Svs.) | 30,682 | 11,201,691 | |
Maxim Integrated Products, Inc. (Semiconductors & Equip.) | 9,442 | 994,809 | |
Microchip Technology, Inc. (Semiconductors & Equip.) | 9,560 | 1,431,514 | |
Micron Technology, Inc. (Semiconductors & Equip.) | (a) | 39,343 | 3,343,368 |
Microsoft Corp. (Software) | 264,176 | 71,565,278 | |
Monolithic Power Systems, Inc. (Semiconductors & Equip.) | 1,520 | 567,644 | |
Motorola Solutions, Inc. (Communications Equip.) | 5,987 | 1,298,281 | |
NetApp, Inc. (Tech. Hardware, Storage & Periph.) | 7,823 | 640,078 | |
NortonLifeLock, Inc. (Software) | 20,441 | 556,404 | |
NVIDIA Corp. (Semiconductors & Equip.) | 21,852 | 17,483,785 |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
NXP Semiconductors N.V. (Semiconductors & Equip.) | 9,670 | $ 1,989,312 | |
Oracle Corp. (Software) | 63,715 | 4,959,576 | |
Paychex, Inc. (IT Svs.) | 11,211 | 1,202,940 | |
Paycom Software, Inc. (Software) | (a) | 1,707 | 620,443 |
PayPal Holdings, Inc. (IT Svs.) | (a) | 41,206 | 12,010,725 |
PTC, Inc. (Software) | (a) | 3,686 | 520,684 |
Qorvo, Inc. (Semiconductors & Equip.) | (a) | 3,945 | 771,839 |
QUALCOMM, Inc. (Semiconductors & Equip.) | 39,561 | 5,654,454 | |
salesforce.com, Inc. (Software) | (a) | 32,480 | 7,933,890 |
Seagate Technology Holdings PLC (Tech. Hardware, Storage & Periph.) | 6,961 | 612,081 | |
ServiceNow, Inc. (Software) | (a) | 6,927 | 3,806,733 |
Skyworks Solutions, Inc. (Semiconductors & Equip.) | 5,769 | 1,106,206 | |
Synopsys, Inc. (Software) | (a) | 5,349 | 1,475,201 |
TE Connectivity Ltd. (Electronic Equip., Instr. & Comp.) | 11,576 | 1,565,191 | |
Teradyne, Inc. (Semiconductors & Equip.) | 5,869 | 786,211 | |
Texas Instruments, Inc. (Semiconductors & Equip.) | 32,372 | 6,225,136 | |
Trimble, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 8,845 | 723,786 |
Tyler Technologies, Inc. (Software) | (a) | 1,428 | 645,984 |
VeriSign, Inc. (IT Svs.) | (a) | 3,456 | 786,897 |
Visa, Inc. (IT Svs.) | 59,336 | 13,873,944 | |
Western Digital Corp. (Tech. Hardware, Storage & Periph.) | (a) | 10,784 | 767,497 |
Western Union Co. / The (IT Svs.) | 14,557 | 334,374 | |
Xilinx, Inc. (Semiconductors & Equip.) | 8,669 | 1,253,884 | |
Zebra Technologies Corp. Class A (Electronic Equip., Instr. & Comp.) | (a) | 1,874 | 992,264 |
349,903,499 | |||
Materials–2.6% | |||
Air Products & Chemicals, Inc. (Chemicals) | 7,755 | 2,230,958 | |
Albemarle Corp. (Chemicals) | 4,051 | 682,432 | |
Amcor PLC (Containers & Packaging) | 54,546 | 625,097 | |
Avery Dennison Corp. (Containers & Packaging) | 2,934 | 616,844 | |
Ball Corp. (Containers & Packaging) | 11,444 | 927,193 | |
Celanese Corp. (Chemicals) | 3,947 | 598,365 | |
CF Industries Holdings, Inc. (Chemicals) | 7,531 | 387,470 | |
Corteva, Inc. (Chemicals) | 25,801 | 1,144,274 | |
Dow, Inc. (Chemicals) | 26,249 | 1,661,037 | |
DuPont de Nemours, Inc. (Chemicals) | 18,622 | 1,441,529 | |
Eastman Chemical Co. (Chemicals) | 4,809 | 561,451 | |
Ecolab, Inc. (Chemicals) | 8,697 | 1,791,321 | |
FMC Corp. (Chemicals) | 4,511 | 488,090 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 51,421 | 1,908,233 | |
International Flavors & Fragrances, Inc. (Chemicals) | 8,712 | 1,301,573 | |
International Paper Co. (Containers & Packaging) | 13,640 | 836,268 | |
Linde PLC (Chemicals) | 18,254 | 5,277,232 | |
LyondellBasell Industries N.V. Class A (Chemicals) | 9,106 | 936,734 | |
Martin Marietta Materials, Inc. (Construction Materials) | 2,190 | 770,464 | |
Mosaic Co. / The (Chemicals) | 12,190 | 388,983 | |
Newmont Corp. (Metals & Mining) | 28,144 | 1,783,767 | |
Nucor Corp. (Metals & Mining) | 10,434 | 1,000,934 | |
Packaging Corp. of America (Containers & Packaging) | 3,319 | 449,459 | |
PPG Industries, Inc. (Chemicals) | 8,326 | 1,413,505 | |
Sealed Air Corp. (Containers & Packaging) | 5,305 | 314,321 | |
Sherwin-Williams Co. / The (Chemicals) | 8,402 | 2,289,125 | |
Vulcan Materials Co. (Construction Materials) | 4,614 | 803,159 | |
Westrock Co. (Containers & Packaging) | 9,241 | 491,806 | |
33,121,624 |
Common Stocks (Continued) | Shares | Value | |
Real Estate–2.6% | |||
Alexandria Real Estate Equities, Inc. (Equity REIT) | 4,822 | $ 877,315 | |
American Tower Corp. (Equity REIT) | 15,969 | 4,313,866 | |
AvalonBay Communities, Inc. (Equity REIT) | 4,928 | 1,028,424 | |
Boston Properties, Inc. (Equity REIT) | 4,953 | 567,564 | |
CBRE Group, Inc. Class A (Real Estate Mgmt. & Development) | (a) | 11,820 | 1,013,329 |
Crown Castle International Corp. (Equity REIT) | 15,190 | 2,963,569 | |
Digital Realty Trust, Inc. (Equity REIT) | 9,849 | 1,481,880 | |
Duke Realty Corp. (Equity REIT) | 13,248 | 627,293 | |
Equinix, Inc. (Equity REIT) | 3,148 | 2,526,585 | |
Equity Residential (Equity REIT) | 12,093 | 931,161 | |
Essex Property Trust, Inc. (Equity REIT) | 2,272 | 681,623 | |
Extra Space Storage, Inc. (Equity REIT) | 4,648 | 761,435 | |
Federal Realty Investment Trust (Equity REIT) | 2,494 | 292,222 | |
Healthpeak Properties, Inc. (Equity REIT) | 18,689 | 622,157 | |
Host Hotels & Resorts, Inc. (Equity REIT) | (a) | 24,385 | 416,740 |
Iron Mountain, Inc. (Equity REIT) | 9,970 | 421,930 | |
Kimco Realty Corp. (Equity REIT) | 15,131 | 315,481 | |
Mid-America Apartment Communities, Inc. (Equity REIT) | 3,970 | 668,627 | |
Prologis, Inc. (Equity REIT) | 26,000 | 3,107,780 | |
Public Storage (Equity REIT) | 5,358 | 1,611,097 | |
Realty Income Corp. (Equity REIT) | 13,153 | 877,831 | |
Regency Centers Corp. (Equity REIT) | 5,495 | 352,065 | |
SBA Communications Corp. (Equity REIT) | 3,817 | 1,216,478 | |
Simon Property Group, Inc. (Equity REIT) | 11,537 | 1,505,348 | |
UDR, Inc. (Equity REIT) | 10,347 | 506,796 | |
Ventas, Inc. (Equity REIT) | 13,227 | 755,262 | |
Vornado Realty Trust (Equity REIT) | 5,376 | 250,898 | |
Welltower, Inc. (Equity REIT) | 14,632 | 1,215,919 | |
Weyerhaeuser Co. (Equity REIT) | 26,419 | 909,342 | |
32,820,017 | |||
Utilities–2.4% | |||
AES Corp. / The (Ind. Power & Renewable Elec.) | 23,615 | 615,643 | |
Alliant Energy Corp. (Electric Utilities) | 8,654 | 482,547 | |
Ameren Corp. (Multi-Utilities) | 8,949 | 716,278 | |
American Electric Power Co., Inc. (Electric Utilities) | 17,613 | 1,489,884 | |
American Water Works Co., Inc. (Water Utilities) | 6,330 | 975,643 | |
Atmos Energy Corp. (Gas Utilities) | 4,522 | 434,609 | |
CenterPoint Energy, Inc. (Multi-Utilities) | 20,376 | 499,620 | |
CMS Energy Corp. (Multi-Utilities) | 10,049 | 593,695 | |
Consolidated Edison, Inc. (Multi-Utilities) | 12,022 | 862,218 | |
Dominion Energy, Inc. (Multi-Utilities) | 28,249 | 2,078,279 | |
DTE Energy Co. (Multi-Utilities) | 6,850 | 887,760 | |
Duke Energy Corp. (Electric Utilities) | 26,995 | 2,664,946 | |
Edison International (Electric Utilities) | 13,281 | 767,908 | |
Entergy Corp. (Electric Utilities) | 6,971 | 695,009 | |
Evergy, Inc. (Electric Utilities) | 7,941 | 479,875 | |
Eversource Energy (Electric Utilities) | 11,992 | 962,238 | |
Exelon Corp. (Electric Utilities) | 34,259 | 1,518,016 | |
FirstEnergy Corp. (Electric Utilities) | 18,997 | 706,878 | |
NextEra Energy, Inc. (Electric Utilities) | 68,905 | 5,049,358 | |
NiSource, Inc. (Multi-Utilities) | 13,444 | 329,378 | |
NRG Energy, Inc. (Ind. Power & Renewable Elec.) | 8,523 | 343,477 | |
Pinnacle West Capital Corp. (Electric Utilities) | 3,947 | 323,536 | |
PPL Corp. (Electric Utilities) | 26,890 | 752,113 | |
Public Service Enterprise Group, Inc. (Multi-Utilities) | 17,791 | 1,062,834 | |
Sempra Energy (Multi-Utilities) | 11,086 | 1,468,673 | |
Southern Co. / The (Electric Utilities) | 37,295 | 2,256,721 |
Ohio National Fund, Inc. | ON S&P 500® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Utilities (continued) | |||
WEC Energy Group, Inc. (Multi-Utilities) | 11,135 | $ 990,458 | |
Xcel Energy, Inc. (Electric Utilities) | 18,847 | 1,241,640 | |
31,249,234 | |||
Total Common Stocks (Cost $762,138,135) | $1,274,162,571 |
Money Market Funds–0.1% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (c) | 1,299,554 | $ 1,299,944 |
Total Money Market Funds (Cost $1,299,944) | $ 1,299,944 | ||
Total Investments – 99.8% (Cost $763,438,079) | (d) | $1,275,462,515 | |
Other Assets in Excess of Liabilities – 0.2% | (e) | 2,351,920 | |
Net Assets – 100.0% | $1,277,814,435 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Issuer of the security has the option to make coupon payments in cash or in additional par value of this bond (Payment-in-Kind). | |
(c) | Rate represents the seven-day yield at June 30, 2021. | |
(d) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(e) | Includes $649,000 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini S&P 500 Index - Long | 59 | September 17, 2021 | $12,609,225 | $12,651,370 | $42,145 | $17,203 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Value Portfolio (Unaudited) |
Average Annual returns | |
One year | 42.10% |
Five years | 7.74% |
Ten years | 10.37% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Value Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 97.1 |
Money Market Funds and Other Net Assets | 2.9 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Johnson & Johnson | 3.2 |
2. | JPMorgan Chase & Co. | 1.8 |
3. | Intel Corp. | 1.8 |
4. | Morgan Stanley | 1.8 |
5. | Honeywell International, Inc. | 1.6 |
6. | Chevron Corp. | 1.6 |
7. | Gilead Sciences, Inc. | 1.6 |
8. | Alphabet, Inc. Class A | 1.5 |
9. | Prologis, Inc. | 1.5 |
10. | Berkshire Hathaway, Inc. Class B | 1.5 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Financials | 19.9 |
Health Care | 15.8 |
Industrials | 12.6 |
Information Technology | 10.9 |
Communication Services | 7.4 |
Consumer Discretionary | 6.4 |
Consumer Staples | 6.0 |
Energy | 6.0 |
Utilities | 5.6 |
Real Estate | 3.4 |
Materials | 3.1 |
97.1 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Value Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–97.1% | Shares | Value | |
Communication Services–7.4% | |||
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 2,026 | $ 4,947,067 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 605 | 1,516,324 |
AT&T, Inc. (Diversified Telecom. Svs.) | 159,317 | 4,585,143 | |
Comcast Corp. Class A (Media) | 64,648 | 3,686,229 | |
Discovery, Inc. Class A (Media) | (a) | 27,190 | 834,189 |
Discovery, Inc. Class C (Media) | (a) | 4,982 | 144,378 |
Fox Corp. Class A (Media) | 3,673 | 136,378 | |
Live Nation Entertainment, Inc. (Entertainment) | (a) | 3,118 | 273,106 |
Sirius XM Holdings, Inc. (Media) | 181,625 | 1,187,828 | |
Spotify Technology SA (Entertainment) | (a) | 1,517 | 418,070 |
Twitter, Inc. (Interactive Media & Svs.) | (a) | 11,795 | 811,614 |
United States Cellular Corp. (Wireless Telecom. Svs.) | (a) | 24,778 | 899,689 |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 3,071 | 172,068 | |
Walt Disney Co. / The (Entertainment) | (a) | 21,326 | 3,748,471 |
Zynga, Inc. Class A (Entertainment) | (a) | 17,049 | 181,231 |
23,541,785 | |||
Consumer Discretionary–6.4% | |||
Aramark (Hotels, Restaurants & Leisure) | 11,719 | 436,533 | |
BorgWarner, Inc. (Auto Components) | 74,601 | 3,621,132 | |
Bright Horizons Family Solutions, Inc. (Diversified Consumer Svs.) | (a) | 401 | 58,991 |
Genuine Parts Co. (Distributors) | 17,408 | 2,201,590 | |
International Game Technology PLC (Hotels, Restaurants & Leisure) | (a) | 21,775 | 521,729 |
iRobot Corp. (Household Durables) | (a) | 1,346 | 125,703 |
Levi Strauss & Co. Class A (Textiles, Apparel & Luxury Goods) | 3,554 | 98,517 | |
Lithia Motors, Inc. Class A (Specialty Retail) | 128 | 43,986 | |
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | (a) | 860 | 136,998 |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 13,205 | 3,050,223 | |
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 5,495 | 647,366 | |
Shake Shack, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 7,362 | 787,881 |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 30,211 | 1,307,532 |
Target Corp. (Multiline Retail) | 14,578 | 3,524,086 | |
Terminix Global Holdings, Inc. (Diversified Consumer Svs.) | (a) | 25,921 | 1,236,691 |
Under Armour, Inc. Class C (Textiles, Apparel & Luxury Goods) | (a) | 3,056 | 56,750 |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 10,598 | 766,129 | |
Wynn Resorts Ltd. (Hotels, Restaurants & Leisure) | (a) | 14,387 | 1,759,530 |
20,381,367 | |||
Consumer Staples–6.0% | |||
Bunge Ltd. (Food Products) | 5,317 | 415,524 | |
Colgate-Palmolive Co. (Household Products) | 38,578 | 3,138,320 | |
Conagra Brands, Inc. (Food Products) | 42,899 | 1,560,666 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 9,096 | 3,599,014 | |
Estee Lauder Cos., Inc. / The Class A (Personal Products) | 1,415 | 450,083 | |
Herbalife Nutrition Ltd. (Personal Products) | (a) | 6,784 | 357,720 |
Hershey Co. / The (Food Products) | 18,494 | 3,221,285 | |
Kellogg Co. (Food Products) | 17,238 | 1,108,920 | |
McCormick & Co., Inc. (Food Products) | 6,001 | 530,008 | |
Molson Coors Beverage Co. Class B (Beverages) | (a) | 14,320 | 768,841 |
PepsiCo, Inc. (Beverages) | 13,280 | 1,967,698 |
Common Stocks (Continued) | Shares | Value | |
Consumer Staples (continued) | |||
Performance Food Group Co. (Food & Staples Retailing) | (a) | 3,395 | $ 164,624 |
Procter & Gamble Co. / The (Household Products) | 13,391 | 1,806,848 | |
19,089,551 | |||
Energy–6.0% | |||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 15,733 | 163,466 | |
ChampionX Corp. (Energy Equip. & Svs.) | (a) | 11,114 | 285,074 |
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | 4,718 | 244,959 | |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 47,681 | 4,994,108 | |
Continental Resources, Inc. (Oil, Gas & Consumable Fuels) | 2,113 | 80,357 | |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 9,082 | 265,104 | |
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 23,802 | 1,986,039 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | (a) | 3,113 | 69,295 |
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 11,438 | 721,509 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 18,168 | 1,586,430 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 126,619 | 2,308,264 | |
NOV, Inc. (Energy Equip. & Svs.) | (a) | 16,055 | 245,963 |
Phillips 66 (Oil, Gas & Consumable Fuels) | 37,153 | 3,188,470 | |
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 801 | 130,178 | |
Schlumberger N.V. (Energy Equip. & Svs.) | 58,585 | 1,875,306 | |
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 10,884 | 849,823 | |
18,994,345 | |||
Financials–19.9% | |||
Ally Financial, Inc. (Consumer Finance) | 72,900 | 3,633,336 | |
American Express Co. (Consumer Finance) | 25,412 | 4,198,825 | |
American International Group, Inc. (Insurance) | 2,718 | 129,377 | |
Athene Holding Ltd. Class A (Insurance) | (a) | 1,771 | 119,543 |
Bank of America Corp. (Banks) | 35,603 | 1,467,912 | |
Bank of Hawaii Corp. (Banks) | 4,870 | 410,151 | |
Bank of New York Mellon Corp. / The (Capital Markets) | 23,079 | 1,182,337 | |
Berkshire Hathaway, Inc. Class B (Diversified Financial Svs.) | (a) | 16,972 | 4,716,858 |
Charles Schwab Corp. / The (Capital Markets) | 31,681 | 2,306,694 | |
Citigroup, Inc. (Banks) | 58,798 | 4,159,958 | |
CME Group, Inc. (Capital Markets) | 10,695 | 2,274,613 | |
First American Financial Corp. (Insurance) | 1,371 | 85,482 | |
Hanover Insurance Group, Inc. / The (Insurance) | 2,071 | 280,910 | |
Interactive Brokers Group, Inc. Class A (Capital Markets) | 3,173 | 208,561 | |
Invesco Ltd. (Capital Markets) | 9,619 | 257,116 | |
JPMorgan Chase & Co. (Banks) | 37,419 | 5,820,151 | |
Marsh & McLennan Cos., Inc. (Insurance) | 17,811 | 2,505,651 | |
MetLife, Inc. (Insurance) | 68,751 | 4,114,747 | |
Morgan Stanley (Capital Markets) | 61,142 | 5,606,110 | |
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 168,952 | 1,861,851 | |
Pinnacle Financial Partners, Inc. (Banks) | 7,578 | 669,062 | |
Progressive Corp. / The (Insurance) | 26,264 | 2,579,387 | |
Regions Financial Corp. (Banks) | 57,981 | 1,170,057 | |
Santander Consumer U.S.A. Holdings, Inc. (Consumer Finance) | 1,957 | 71,078 | |
Signature Bank (Banks) | 3,867 | 949,929 | |
Stifel Financial Corp. (Capital Markets) | 4,872 | 315,998 | |
Travelers Cos., Inc. / The (Insurance) | 24,488 | 3,666,098 | |
Truist Financial Corp. (Banks) | 40,156 | 2,228,658 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Value Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
Voya Financial, Inc. (Diversified Financial Svs.) | 52,919 | $ 3,254,519 | |
Wells Fargo & Co. (Banks) | 42,822 | 1,939,408 | |
Willis Towers Watson PLC (Insurance) | 2,001 | 460,270 | |
Wintrust Financial Corp. (Banks) | 8,768 | 663,124 | |
63,307,771 | |||
Health Care–15.8% | |||
Alexion Pharmaceuticals, Inc. (Biotechnology) | (a) | 1,102 | 202,448 |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 2,192 | 1,339,312 |
AmerisourceBergen Corp. (Health Care Providers & Svs.) | 6,823 | 781,165 | |
Anthem, Inc. (Health Care Providers & Svs.) | 3,756 | 1,434,041 | |
BioMarin Pharmaceutical, Inc. (Biotechnology) | (a) | 7,009 | 584,831 |
Bio-Rad Laboratories, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 514 | 331,165 |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 49,422 | 3,302,378 | |
Bruker Corp. (Life Sciences Tools & Svs.) | 6,188 | 470,164 | |
Centene Corp. (Health Care Providers & Svs.) | (a) | 5,366 | 391,342 |
Cerner Corp. (Health Care Technology) | 17,730 | 1,385,777 | |
Cigna Corp. (Health Care Providers & Svs.) | 6,493 | 1,539,296 | |
Danaher Corp. (Health Care Equip. & Supplies) | 16,371 | 4,393,322 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 5,290 | 2,258,830 |
Envista Holdings Corp. (Health Care Equip. & Supplies) | (a) | 17,667 | 763,391 |
Gilead Sciences, Inc. (Biotechnology) | 72,459 | 4,989,527 | |
Hill-Rom Holdings, Inc. (Health Care Equip. & Supplies) | 9,259 | 1,051,730 | |
Hologic, Inc. (Health Care Equip. & Supplies) | (a) | 8,879 | 592,407 |
Humana, Inc. (Health Care Providers & Svs.) | 2,589 | 1,146,202 | |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 5,519 | 3,485,524 |
Johnson & Johnson (Pharmaceuticals) | 61,184 | 10,079,452 | |
McKesson Corp. (Health Care Providers & Svs.) | 10,255 | 1,961,166 | |
Perrigo Co. PLC (Pharmaceuticals) | 11,001 | 504,396 | |
Pfizer, Inc. (Pharmaceuticals) | 62,434 | 2,444,915 | |
PPD, Inc. (Life Sciences Tools & Svs.) | (a) | 11,960 | 551,236 |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | (a) | 522 | 291,558 |
Tandem Diabetes Care, Inc. (Health Care Equip. & Supplies) | (a) | 1,514 | 147,464 |
Teladoc Health, Inc. (Health Care Technology) | (a) | 3,267 | 543,269 |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 4,924 | 1,971,767 | |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 7,738 | 1,560,213 |
50,498,288 | |||
Industrials–12.6% | |||
Allegion PLC (Building Products) | 7,015 | 977,189 | |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 10,377 | 972,014 | |
Carrier Global Corp. (Building Products) | 17,781 | 864,157 | |
Caterpillar, Inc. (Machinery) | 13,175 | 2,867,275 | |
Copa Holdings SA Class A (Airlines) | (a) | 587 | 44,219 |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 901 | 118,779 |
CSX Corp. (Road & Rail) | 2,622 | 84,114 | |
Curtiss-Wright Corp. (Aerospace & Defense) | 1,556 | 184,791 | |
Deere & Co. (Machinery) | 1,819 | 641,579 | |
Delta Air Lines, Inc. (Airlines) | (a) | 27,078 | 1,171,394 |
EMCOR Group, Inc. (Construction & Engineering) | 5,526 | 680,748 | |
Emerson Electric Co. (Electrical Equip.) | 1,764 | 169,767 | |
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 24,904 | 3,152,846 | |
Flowserve Corp. (Machinery) | 1,898 | 76,527 | |
Honeywell International, Inc. (Industrial Conglomerates) | 23,945 | 5,252,336 |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
IAA, Inc. (Commercial Svs. & Supplies) | (a) | 38,792 | $ 2,115,716 |
IHS Markit Ltd. (Professional Svs.) | 2,811 | 316,687 | |
Landstar System, Inc. (Road & Rail) | 4,131 | 652,781 | |
Lockheed Martin Corp. (Aerospace & Defense) | 8,808 | 3,332,507 | |
Mercury Systems, Inc. (Aerospace & Defense) | (a) | 5,747 | 380,911 |
Oshkosh Corp. (Machinery) | 7,896 | 984,157 | |
Otis Worldwide Corp. (Machinery) | 45,149 | 3,691,834 | |
Owens Corning (Building Products) | 2,775 | 271,673 | |
Rockwell Automation, Inc. (Electrical Equip.) | 1,119 | 320,056 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 2,316 | 1,088,983 | |
Ryder System, Inc. (Road & Rail) | 31,348 | 2,330,097 | |
Schneider National, Inc. Class B (Road & Rail) | 41,721 | 908,266 | |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 3,342 | 565,667 |
Trane Technologies PLC (Building Products) | 20,088 | 3,699,004 | |
Valmont Industries, Inc. (Construction & Engineering) | 413 | 97,489 | |
W.W. Grainger, Inc. (Trading Companies & Distributors) | 1,230 | 538,740 | |
Xylem, Inc. (Machinery) | 13,737 | 1,647,891 | |
40,200,194 | |||
Information Technology–10.9% | |||
Accenture PLC Class A (IT Svs.) | 6,673 | 1,967,134 | |
Adobe, Inc. (Software) | (a) | 2,731 | 1,599,383 |
Alteryx, Inc. Class A (Software) | (a) | 2,677 | 230,276 |
Automatic Data Processing, Inc. (IT Svs.) | 10,732 | 2,131,590 | |
Cisco Systems, Inc. (Communications Equip.) | 811 | 42,983 | |
Dell Technologies, Inc. Class C (Tech. Hardware, Storage & Periph.) | (a) | 18,780 | 1,871,803 |
F5 Networks, Inc. (Communications Equip.) | (a) | 3,414 | 637,257 |
Fidelity National Information Services, Inc. (IT Svs.) | 28,916 | 4,096,530 | |
Fiserv, Inc. (IT Svs.) | (a) | 6,179 | 660,473 |
Flex Ltd. (Electronic Equip., Instr. & Comp.) | (a) | 87,563 | 1,564,751 |
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 243,049 | 3,543,654 | |
HP, Inc. (Tech. Hardware, Storage & Periph.) | 27,203 | 821,259 | |
HubSpot, Inc. (Software) | (a) | 256 | 149,176 |
Intel Corp. (Semiconductors & Equip.) | 100,511 | 5,642,687 | |
Intuit, Inc. (Software) | 7,324 | 3,590,005 | |
Mastercard, Inc. Class A (IT Svs.) | 392 | 143,115 | |
QUALCOMM, Inc. (Semiconductors & Equip.) | 15,213 | 2,174,394 | |
salesforce.com, Inc. (Software) | (a) | 1,831 | 447,258 |
Silicon Laboratories, Inc. (Semiconductors & Equip.) | (a) | 475 | 72,794 |
Twilio, Inc. Class A (IT Svs.) | (a) | 341 | 134,409 |
UiPath, Inc. Class A (Software) | (a) | 3,914 | 265,878 |
Visa, Inc. (IT Svs.) | 3,280 | 766,930 | |
VMware, Inc. Class A (Software) | (a) | 4,025 | 643,879 |
Workday, Inc. Class A (Software) | (a) | 6,007 | 1,434,111 |
34,631,729 | |||
Materials–3.1% | |||
Amcor PLC (Containers & Packaging) | 19,183 | 219,837 | |
AptarGroup, Inc. (Containers & Packaging) | 449 | 63,237 | |
Crown Holdings, Inc. (Containers & Packaging) | 7,985 | 816,147 | |
Ecolab, Inc. (Chemicals) | 7,253 | 1,493,900 | |
FMC Corp. (Chemicals) | 2,705 | 292,681 | |
Linde PLC (Chemicals) | 3,140 | 907,774 | |
Martin Marietta Materials, Inc. (Construction Materials) | 680 | 239,231 | |
PPG Industries, Inc. (Chemicals) | 16,963 | 2,879,809 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Value Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Materials (continued) | |||
Reliance Steel & Aluminum Co. (Metals & Mining) | 14,302 | $ 2,158,172 | |
Vulcan Materials Co. (Construction Materials) | 4,076 | 709,509 | |
9,780,297 | |||
Real Estate–3.4% | |||
Brixmor Property Group, Inc. (Equity REIT) | 29,304 | 670,769 | |
CBRE Group, Inc. Class A (Real Estate Mgmt. & Development) | (a) | 31,617 | 2,710,525 |
Equinix, Inc. (Equity REIT) | 2,227 | 1,787,390 | |
Equity Residential (Equity REIT) | 11,035 | 849,695 | |
Prologis, Inc. (Equity REIT) | 40,636 | 4,857,221 | |
10,875,600 | |||
Utilities–5.6% | |||
AES Corp. / The (Ind. Power & Renewable Elec.) | 4,800 | 125,136 | |
Atmos Energy Corp. (Gas Utilities) | 14,706 | 1,413,393 | |
Brookfield Renewable Corp. Class A (Ind. Power & Renewable Elec.) | 7,401 | 310,398 | |
CMS Energy Corp. (Multi-Utilities) | 17,284 | 1,021,139 | |
Consolidated Edison, Inc. (Multi-Utilities) | 50,637 | 3,631,685 |
Common Stocks (Continued) | Shares | Value | |
Utilities (continued) | |||
DTE Energy Co. (Multi-Utilities) | 17,028 | $ 2,206,829 | |
Eversource Energy (Electric Utilities) | 28,933 | 2,321,584 | |
NextEra Energy, Inc. (Electric Utilities) | 23,996 | 1,758,427 | |
OGE Energy Corp. (Electric Utilities) | 62,934 | 2,117,729 | |
Pinnacle West Capital Corp. (Electric Utilities) | 17,774 | 1,456,935 | |
Portland General Electric Co. (Electric Utilities) | 960 | 44,237 | |
Southern Co. / The (Electric Utilities) | 4,600 | 278,346 | |
UGI Corp. (Gas Utilities) | 23,596 | 1,092,731 | |
Xcel Energy, Inc. (Electric Utilities) | 584 | 38,474 | |
17,817,043 | |||
Total Common Stocks (Cost $276,194,281) | $309,117,970 |
Money Market Funds–1.5% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 4,764,535 | $ 4,765,964 |
Total Money Market Funds (Cost $4,765,964) | $ 4,765,964 | ||
Total Investments – 98.6% (Cost $280,960,245) | (c) | $313,883,934 | |
Other Assets in Excess of Liabilities – 1.4% | (d) | 4,588,656 | |
Net Assets – 100.0% | $318,472,590 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(d) | Includes $278,300 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini S&P 500 Index - Long | 23 | September 17, 2021 | $4,880,028 | $4,931,890 | $51,862 | $7,590 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Unaudited) |
Average Annual returns | |
One year | 14.66% |
Five years | 6.90% |
Ten years | 6.38% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Corporate Bonds (4) | 96.9 |
Common Stocks (4) | 0.7 |
Warrants (4) | 0.0 |
Money Market Funds and Other Net Assets | 2.4 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | CCO Holdings LLC / CCO Holdings Capital Corp. 4.750%, 03/01/2030 | 1.3 |
2. | HUB International Ltd. 7.000%, 05/01/2026 | 1.2 |
3. | 1011778 B.C. ULC / New Red Finance, Inc. 4.000%, 10/15/2030 | 1.0 |
4. | Tempo Acquisition LLC / Tempo Acquisition Finance Corp. 6.750%, 06/01/2025 | 0.8 |
5. | Allied Universal Holdco LLC / Allied Universal Finance Corp. 9.750%, 07/15/2027 | 0.8 |
6. | Clarios Global LP / Clarios U.S. Finance Co. 8.500%, 05/15/2027 | 0.7 |
7. | NFP Corp. 6.875%, 08/15/2028 | 0.7 |
8. | ARD Finance SA 6.500%,7.250% PIK, 06/30/2027 | 0.7 |
9. | Standard Industries, Inc. 5.000%, 02/15/2027 | 0.7 |
10. | Garda World Security Corp. 9.500%, 11/01/2027 | 0.7 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks, Corporate Bonds, Warrants): |
% of Net Assets | |
Communication Services | 16.8 |
Energy | 15.2 |
Health Care | 12.0 |
Industrials | 11.5 |
Consumer Discretionary | 10.9 |
Materials | 10.0 |
Financials | 8.9 |
Information Technology | 5.7 |
Utilities | 3.3 |
Consumer Staples | 2.9 |
Real Estate | 0.4 |
97.6 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds–96.9% | Rate | Maturity | Face Amount | Value | |
Communication Services–16.7% | |||||
Altice France SA (Diversified Telecom. Svs.) | (a) | 7.375% | 05/01/2026 | $ 363,000 | $ 377,495 |
AMC Networks, Inc. (Media) | 5.000% | 04/01/2024 | 240,000 | 243,053 | |
AMC Networks, Inc. (Media) | 4.750% | 08/01/2025 | 175,000 | 179,673 | |
AMC Networks, Inc. (Media) | 4.250% | 02/15/2029 | 350,000 | 353,062 | |
Cars.com, Inc. (Interactive Media & Svs.) | (a) | 6.375% | 11/01/2028 | 400,000 | 426,616 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 5.750% | 02/15/2026 | 37,000 | 38,242 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 5.125% | 05/01/2027 | 125,000 | 131,113 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 5.000% | 02/01/2028 | 650,000 | 681,687 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 5.375% | 06/01/2029 | 175,000 | 191,293 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 4.750% | 03/01/2030 | 2,175,000 | 2,300,062 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 4.500% | 08/15/2030 | 250,000 | 260,303 |
CSC Holdings LLC (Media) | 5.250% | 06/01/2024 | 375,000 | 406,389 | |
CSC Holdings LLC (Media) | (a) | 5.500% | 04/15/2027 | 1,100,000 | 1,155,055 |
CSC Holdings LLC (Media) | (a) | 7.500% | 04/01/2028 | 550,000 | 603,625 |
CSC Holdings LLC (Media) | (a) | 5.750% | 01/15/2030 | 300,000 | 311,625 |
CSC Holdings LLC (Media) | (a) | 4.125% | 12/01/2030 | 200,000 | 198,750 |
CSC Holdings LLC (Media) | (a) | 4.625% | 12/01/2030 | 675,000 | 662,249 |
CSC Holdings LLC (Media) | (a) | 3.375% | 02/15/2031 | 200,000 | 188,982 |
Cumulus Media New Holdings, Inc. (Media) | (a) | 6.750% | 07/01/2026 | 356,000 | 372,465 |
Diamond Sports Group LLC / Diamond Sports Finance Co. (Media) | (a) | 5.375% | 08/15/2026 | 400,000 | 259,000 |
Diamond Sports Group LLC / Diamond Sports Finance Co. (Media) | (a) | 6.625% | 08/15/2027 | 400,000 | 196,454 |
DISH DBS Corp. (Media) | 5.875% | 11/15/2024 | 125,000 | 134,219 | |
DISH DBS Corp. (Media) | 7.750% | 07/01/2026 | 400,000 | 453,000 | |
DISH DBS Corp. (Media) | 7.375% | 07/01/2028 | 100,000 | 107,613 | |
DISH DBS Corp. (Media) | (a) | 5.125% | 06/01/2029 | 625,000 | 617,144 |
Entercom Media Corp. (Media) | (a) | 6.500% | 05/01/2027 | 450,000 | 468,000 |
Entercom Media Corp. (Media) | (a) | 6.750% | 03/31/2029 | 325,000 | 337,225 |
Gray Television, Inc. (Media) | (a) | 5.875% | 07/15/2026 | 750,000 | 774,375 |
Gray Television, Inc. (Media) | (a) | 4.750% | 10/15/2030 | 75,000 | 74,740 |
iHeartCommunications, Inc. (Media) | 6.375% | 05/01/2026 | 41,769 | 44,432 | |
iHeartCommunications, Inc. (Media) | 8.375% | 05/01/2027 | 1,025,707 | 1,098,789 | |
iHeartCommunications, Inc. (Media) | (a) | 5.250% | 08/15/2027 | 250,000 | 261,350 |
iHeartCommunications, Inc. (Media) | (a) | 4.750% | 01/15/2028 | 100,000 | 102,875 |
Intelsat Jackson Holdings SA (Acquired 05/15/2018, Cost $259,500) (Diversified Telecom. Svs.) | (b) | 5.500% | 08/01/2023 | 300,000 | 171,750 |
Intelsat Jackson Holdings SA (Acquired 10/02/2018, Cost $50,375) (Diversified Telecom. Svs.) | (a)(b) | 8.500% | 10/15/2024 | 50,000 | 29,500 |
Intelsat Jackson Holdings SA (Acquired 06/19/2017, Cost $250,000) (Diversified Telecom. Svs.) | (a)(b) | 9.750% | 07/15/2025 | 250,000 | 145,625 |
Lamar Media Corp. (Media) | 4.875% | 01/15/2029 | 150,000 | 158,250 | |
Lamar Media Corp. (Media) | (a) | 3.625% | 01/15/2031 | 100,000 | 97,750 |
Match Group Holdings II LLC (Interactive Media & Svs.) | (a) | 5.000% | 12/15/2027 | 450,000 | 473,062 |
Match Group Holdings II LLC (Interactive Media & Svs.) | (a) | 4.625% | 06/01/2028 | 75,000 | 77,990 |
Match Group Holdings II LLC (Interactive Media & Svs.) | (a) | 4.125% | 08/01/2030 | 425,000 | 432,437 |
Nexstar Broadcasting, Inc. (Media) | (a) | 5.625% | 07/15/2027 | 300,000 | 318,000 |
Nexstar Broadcasting, Inc. (Media) | (a) | 4.750% | 11/01/2028 | 750,000 | 770,625 |
Outfront Media Capital LLC / Outfront Media Capital Corp. (Media) | (a) | 4.250% | 01/15/2029 | 100,000 | 100,625 |
Outfront Media Capital LLC / Outfront Media Capital Corp. (Media) | (a) | 4.625% | 03/15/2030 | 225,000 | 228,375 |
Rackspace Technology Global, Inc. (Interactive Media & Svs.) | (a) | 3.500% | 02/15/2028 | 350,000 | 338,625 |
Rackspace Technology Global, Inc. (Interactive Media & Svs.) | (a) | 5.375% | 12/01/2028 | 275,000 | 281,875 |
Scripps Escrow II, Inc. (Media) | (a) | 3.875% | 01/15/2029 | 100,000 | 99,203 |
Scripps Escrow II, Inc. (Media) | (a) | 5.375% | 01/15/2031 | 300,000 | 299,052 |
Scripps Escrow, Inc. (Media) | (a) | 5.875% | 07/15/2027 | 350,000 | 362,372 |
Sinclair Television Group, Inc. (Media) | (a) | 5.875% | 03/15/2026 | 650,000 | 670,904 |
Sinclair Television Group, Inc. (Media) | (a) | 5.125% | 02/15/2027 | 125,000 | 125,469 |
Sinclair Television Group, Inc. (Media) | (a) | 5.500% | 03/01/2030 | 275,000 | 280,387 |
Sirius XM Radio, Inc. (Media) | (a) | 5.375% | 07/15/2026 | 725,000 | 748,562 |
Sirius XM Radio, Inc. (Media) | (a) | 5.000% | 08/01/2027 | 75,000 | 78,581 |
Sirius XM Radio, Inc. (Media) | (a) | 4.000% | 07/15/2028 | 175,000 | 180,250 |
Sirius XM Radio, Inc. (Media) | (a) | 4.125% | 07/01/2030 | 475,000 | 479,218 |
Sprint Corp. (Wireless Telecom. Svs.) | 7.625% | 02/15/2025 | 300,000 | 356,439 | |
TEGNA, Inc. (Media) | 4.625% | 03/15/2028 | 300,000 | 311,250 | |
TEGNA, Inc. (Media) | 5.000% | 09/15/2029 | 750,000 | 784,860 | |
Telenet Finance Luxembourg Notes SARL (Media) | (a) | 5.500% | 03/01/2028 | 800,000 | 841,600 |
Terrier Media Buyer, Inc. (Media) | (a) | 8.875% | 12/15/2027 | 1,000,000 | 1,081,250 |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 4.500% | 02/01/2026 | 25,000 | 25,478 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | (a) | 2.250% | 02/15/2026 | 200,000 | 201,500 |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | (a) | 3.375% | 04/15/2029 | 500,000 | 515,997 |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 2.875% | 02/15/2031 | 150,000 | 148,875 | |
Townsquare Media, Inc. (Media) | (a) | 6.875% | 02/01/2026 | 125,000 | 133,750 |
Univision Communications, Inc. (Media) | (a) | 4.500% | 05/01/2029 | 250,000 | 251,875 |
UPC Broadband Finco B.V. (Media) | (a) | 4.875% | 07/15/2031 | 725,000 | 726,667 |
Urban One, Inc. (Media) | (a) | 7.375% | 02/01/2028 | 375,000 | 405,000 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Communication Services (continued) | |||||
Virgin Media Finance PLC (Media) | (a) | 5.000% | 07/15/2030 | $ 325,000 | $ 328,344 |
Virgin Media Secured Finance PLC (Media) | (a) | 4.500% | 08/15/2030 | 200,000 | 201,500 |
Virgin Media Vendor Financing Notes IV DAC (Media) | (a) | 5.000% | 07/15/2028 | 575,000 | 586,500 |
Vmed O2 U.K. Financing I PLC (Wireless Telecom. Svs.) | (a) | 4.250% | 01/31/2031 | 200,000 | 196,493 |
Vmed O2 U.K. Financing I PLC (Wireless Telecom. Svs.) | (a) | 4.750% | 07/15/2031 | 200,000 | 203,000 |
WMG Acquisition Corp. (Entertainment) | (a) | 3.875% | 07/15/2030 | 75,000 | 75,743 |
Ziggo B.V. (Diversified Telecom. Svs.) | (a) | 5.500% | 01/15/2027 | 477,000 | 495,603 |
Ziggo Bond Co. B.V. (Diversified Telecom. Svs.) | (a) | 6.000% | 01/15/2027 | 625,000 | 653,125 |
29,484,291 | |||||
Consumer Discretionary–10.9% | |||||
1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.000% | 10/15/2030 | 1,800,000 | 1,741,500 |
Academy Ltd. (Specialty Retail) | (a) | 6.000% | 11/15/2027 | 175,000 | 187,031 |
Adient Global Holdings Ltd. (Auto Components) | (a) | 4.875% | 08/15/2026 | 700,000 | 720,461 |
Affinity Gaming (Hotels, Restaurants & Leisure) | (a) | 6.875% | 12/15/2027 | 400,000 | 424,500 |
American Axle & Manufacturing, Inc. (Auto Components) | 6.500% | 04/01/2027 | 225,000 | 238,500 | |
Aramark Services, Inc. (Hotels, Restaurants & Leisure) | (a) | 6.375% | 05/01/2025 | 275,000 | 292,187 |
Aramark Services, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.000% | 02/01/2028 | 100,000 | 104,720 |
Bally's Corp. (Hotels, Restaurants & Leisure) | (a) | 6.750% | 06/01/2027 | 175,000 | 186,485 |
Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | (a) | 8.625% | 06/01/2025 | 50,000 | 55,119 |
Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | 4.750% | 12/01/2027 | 175,000 | 181,125 | |
Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | (a) | 4.750% | 06/15/2031 | 200,000 | 207,500 |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 6.250% | 07/01/2025 | 325,000 | 344,500 |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 8.125% | 07/01/2027 | 450,000 | 500,490 |
Caesars Resort Collection LLC / CRC Finco, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.750% | 07/01/2025 | 50,000 | 52,688 |
Caesars Resort Collection LLC / CRC Finco, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.250% | 10/15/2025 | 400,000 | 405,000 |
CCM Merger, Inc. (Hotels, Restaurants & Leisure) | (a) | 6.375% | 05/01/2026 | 50,000 | 52,500 |
Clarios Global LP / Clarios U.S. Finance Co. (Auto Components) | (a) | 6.250% | 05/15/2026 | 112,000 | 119,315 |
Clarios Global LP / Clarios U.S. Finance Co. (Auto Components) | (a) | 8.500% | 05/15/2027 | 1,175,000 | 1,280,985 |
Garda World Security Corp. (Diversified Consumer Svs.) | (a) | 9.500% | 11/01/2027 | 1,103,000 | 1,221,572 |
Gates Global LLC / Gates Corp. (Auto Components) | (a) | 6.250% | 01/15/2026 | 950,000 | 995,139 |
Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure) | (a) | 5.375% | 05/01/2025 | 25,000 | 26,313 |
Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure) | (a) | 5.750% | 05/01/2028 | 75,000 | 81,155 |
Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure) | 4.875% | 01/15/2030 | 150,000 | 160,125 | |
Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure) | (a) | 3.625% | 02/15/2032 | 300,000 | 296,250 |
IHO Verwaltungs GmbH (Auto Components) | (a)(c) | 4.750%, 5.500% PIK | 09/15/2026 | 400,000 | 408,916 |
IHO Verwaltungs GmbH (Auto Components) | (a)(c) | 6.000%, 6.750% PIK | 05/15/2027 | 400,000 | 419,000 |
J.B. Poindexter & Co., Inc. (Auto Components) | (a) | 7.125% | 04/15/2026 | 550,000 | 580,937 |
KFC Holding Co. / Pizza Hut Holdings LLC / Taco Bell of America LLC (Hotels, Restaurants & Leisure) | (a) | 4.750% | 06/01/2027 | 525,000 | 549,281 |
Levi Strauss & Co. (Textiles, Apparel & Luxury Goods) | (a) | 3.500% | 03/01/2031 | 50,000 | 49,710 |
MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.625% | 06/15/2025 | 100,000 | 106,837 |
MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer, Inc. (Hotels, Restaurants & Leisure) | (a) | 3.875% | 02/15/2029 | 50,000 | 50,779 |
MGM Resorts International (Hotels, Restaurants & Leisure) | 6.750% | 05/01/2025 | 400,000 | 428,464 | |
MGM Resorts International (Hotels, Restaurants & Leisure) | 4.625% | 09/01/2026 | 498,000 | 526,012 | |
MGM Resorts International (Hotels, Restaurants & Leisure) | 4.750% | 10/15/2028 | 225,000 | 239,062 | |
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. (Hotels, Restaurants & Leisure) | (a) | 4.875% | 05/01/2029 | 200,000 | 200,250 |
Mohegan Gaming & Entertainment (Hotels, Restaurants & Leisure) | (a) | 7.875% | 10/15/2024 | 125,000 | 130,938 |
Mohegan Gaming & Entertainment (Hotels, Restaurants & Leisure) | (a) | 8.000% | 02/01/2026 | 800,000 | 835,920 |
NMG Holding Co., Inc. / Neiman Marcus Group LLC (Specialty Retail) | (a) | 7.125% | 04/01/2026 | 250,000 | 266,875 |
Penn National Gaming, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.625% | 01/15/2027 | 50,000 | 51,938 |
Penn National Gaming, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.125% | 07/01/2029 | 125,000 | 124,844 |
Raptor Acquisition Corp. / Raptor Co-Issuer LLC (Hotels, Restaurants & Leisure) | (a) | 4.875% | 11/01/2026 | 50,000 | 50,699 |
Real Hero Merger Sub 2, Inc. (Auto Components) | (a) | 6.250% | 02/01/2029 | 750,000 | 777,900 |
Scientific Games International, Inc. (Hotels, Restaurants & Leisure) | (a) | 8.625% | 07/01/2025 | 150,000 | 164,250 |
Scientific Games International, Inc. (Hotels, Restaurants & Leisure) | (a) | 8.250% | 03/15/2026 | 150,000 | 160,872 |
Scientific Games International, Inc. (Hotels, Restaurants & Leisure) | (a) | 7.250% | 11/15/2029 | 250,000 | 282,000 |
Signal Parent, Inc. (Diversified Consumer Svs.) | (a) | 6.125% | 04/01/2029 | 425,000 | 408,000 |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 5.500% | 04/15/2027 | 500,000 | 515,665 |
Six Flags Theme Parks, Inc. (Hotels, Restaurants & Leisure) | (a) | 7.000% | 07/01/2025 | 50,000 | 53,885 |
Stars Group Holdings B.V. / Stars Group U.S. Co-Borrower LLC (Hotels, Restaurants & Leisure) | (a) | 7.000% | 07/15/2026 | 925,000 | 957,412 |
Station Casinos LLC (Hotels, Restaurants & Leisure) | (a) | 5.000% | 10/01/2025 | 410,000 | 416,150 |
Station Casinos LLC (Hotels, Restaurants & Leisure) | (a) | 4.500% | 02/15/2028 | 200,000 | 203,409 |
William Carter Co. / The (Textiles, Apparel & Luxury Goods) | (a) | 5.500% | 05/15/2025 | 75,000 | 79,351 |
William Carter Co. / The (Textiles, Apparel & Luxury Goods) | (a) | 5.625% | 03/15/2027 | 75,000 | 78,915 |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.375% | 08/15/2028 | 75,000 | 77,866 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Consumer Discretionary (continued) | |||||
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.750% | 01/15/2030 | $ 75,000 | $ 81,188 |
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 01/31/2032 | 100,000 | 105,000 | |
19,257,485 | |||||
Consumer Staples–2.9% | |||||
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | 5.750% | 03/15/2025 | 116,000 | 118,610 | |
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | (a) | 3.250% | 03/15/2026 | 175,000 | 177,494 |
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | (a) | 5.875% | 02/15/2028 | 100,000 | 107,740 |
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | (a) | 3.500% | 03/15/2029 | 425,000 | 420,219 |
Edgewell Personal Care Co. (Personal Products) | (a) | 5.500% | 06/01/2028 | 175,000 | 185,500 |
Edgewell Personal Care Co. (Personal Products) | (a) | 4.125% | 04/01/2029 | 200,000 | 202,000 |
Energizer Holdings, Inc. (Household Products) | (a) | 4.750% | 06/15/2028 | 150,000 | 153,713 |
Energizer Holdings, Inc. (Household Products) | (a) | 4.375% | 03/31/2029 | 425,000 | 425,438 |
Kraft Heinz Foods Co. (Food Products) | 4.250% | 03/01/2031 | 500,000 | 567,994 | |
Kraft Heinz Foods Co. (Food Products) | 5.200% | 07/15/2045 | 275,000 | 341,396 | |
Kraft Heinz Foods Co. (Food Products) | 4.375% | 06/01/2046 | 500,000 | 566,599 | |
Post Holdings, Inc. (Food Products) | (a) | 5.750% | 03/01/2027 | 550,000 | 575,437 |
Post Holdings, Inc. (Food Products) | (a) | 5.625% | 01/15/2028 | 500,000 | 530,000 |
Post Holdings, Inc. (Food Products) | (a) | 4.625% | 04/15/2030 | 125,000 | 127,104 |
Post Holdings, Inc. (Food Products) | (a) | 4.500% | 09/15/2031 | 350,000 | 349,422 |
U.S. Foods, Inc. (Food & Staples Retailing) | (a) | 4.750% | 02/15/2029 | 250,000 | 255,000 |
5,103,666 | |||||
Energy–14.7% | |||||
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 7.875% | 05/15/2026 | 125,000 | 139,701 |
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 03/01/2027 | 225,000 | 234,000 |
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 01/15/2028 | 625,000 | 657,669 |
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.375% | 06/15/2029 | 625,000 | 651,562 |
Antero Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.375% | 07/15/2026 | 25,000 | 28,438 |
Antero Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 7.625% | 02/01/2029 | 50,000 | 55,500 |
Antero Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.375% | 03/01/2030 | 225,000 | 229,642 |
Apache Corp. (Oil, Gas & Consumable Fuels) | 4.625% | 11/15/2025 | 75,000 | 81,000 | |
Apache Corp. (Oil, Gas & Consumable Fuels) | 4.875% | 11/15/2027 | 125,000 | 135,374 | |
Archrock Partners LP / Archrock Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.875% | 04/01/2027 | 625,000 | 663,281 |
Archrock Partners LP / Archrock Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.250% | 04/01/2028 | 450,000 | 469,759 |
Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 7.000% | 11/01/2026 | 425,000 | 444,639 |
Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.250% | 12/31/2028 | 100,000 | 110,000 |
Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.875% | 06/30/2029 | 75,000 | 75,000 |
Berry Petroleum Co. LLC (Oil, Gas & Consumable Fuels) | (a) | 7.000% | 02/15/2026 | 325,000 | 329,875 |
Callon Petroleum Co. (Oil, Gas & Consumable Fuels) | 8.250% | 07/15/2025 | 450,000 | 447,750 | |
Callon Petroleum Co. (Oil, Gas & Consumable Fuels) | 6.375% | 07/01/2026 | 125,000 | 119,688 | |
Centennial Resource Production LLC (Oil, Gas & Consumable Fuels) | (a) | 6.875% | 04/01/2027 | 350,000 | 357,913 |
Cheniere Energy Partners LP (Oil, Gas & Consumable Fuels) | 4.500% | 10/01/2029 | 125,000 | 134,375 | |
Cheniere Energy Partners LP (Oil, Gas & Consumable Fuels) | (a) | 4.000% | 03/01/2031 | 725,000 | 757,625 |
Cheniere Energy, Inc. (Oil, Gas & Consumable Fuels) | (a) | 4.625% | 10/15/2028 | 175,000 | 184,625 |
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.500% | 02/01/2026 | 50,000 | 52,750 |
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.875% | 02/01/2029 | 50,000 | 54,123 |
CNX Midstream Partners LP / CNX Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.500% | 03/15/2026 | 725,000 | 760,525 |
Comstock Resources, Inc. (Oil, Gas & Consumable Fuels) | (a) | 6.750% | 03/01/2029 | 500,000 | 532,615 |
Comstock Resources, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.875% | 01/15/2030 | 100,000 | 102,000 |
Continental Resources, Inc. (Oil, Gas & Consumable Fuels) | 4.375% | 01/15/2028 | 225,000 | 248,906 | |
Continental Resources, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 01/15/2031 | 350,000 | 419,125 |
CrownRock LP / CrownRock Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.625% | 10/15/2025 | 600,000 | 621,000 |
CrownRock LP / CrownRock Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.000% | 05/01/2029 | 50,000 | 52,513 |
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | (a) | 4.375% | 06/15/2031 | 200,000 | 204,358 |
Endeavor Energy Resources LP / EER Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 6.625% | 07/15/2025 | 200,000 | 214,000 |
Endeavor Energy Resources LP / EER Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.500% | 01/30/2026 | 50,000 | 51,938 |
Endeavor Energy Resources LP / EER Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 01/30/2028 | 100,000 | 106,625 |
Enviva Partners LP / Enviva Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.500% | 01/15/2026 | 900,000 | 940,500 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | 4.750% | 07/15/2023 | 59,000 | 61,581 | |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | (a) | 6.000% | 07/01/2025 | 225,000 | 244,687 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | (a) | 6.500% | 07/01/2027 | 325,000 | 362,375 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | 5.500% | 07/15/2028 | 350,000 | 378,203 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Energy (continued) | |||||
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | (a) | 4.500% | 01/15/2029 | $ 225,000 | $ 228,910 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | (a) | 4.750% | 01/15/2031 | 525,000 | 540,981 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | 6.500% | 07/15/2048 | 75,000 | 80,250 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | 7.625% | 02/01/2025 | 100,000 | 116,649 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | (a) | 3.125% | 05/15/2026 | 250,000 | 256,177 |
EQT Corp. (Oil, Gas & Consumable Fuels) | 3.900% | 10/01/2027 | 25,000 | 26,781 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | 5.000% | 01/15/2029 | 75,000 | 83,623 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | (a) | 3.625% | 05/15/2031 | 125,000 | 130,313 |
Hess Midstream Operations LP (Oil, Gas & Consumable Fuels) | (a) | 5.125% | 06/15/2028 | 300,000 | 314,625 |
Holly Energy Partners LP / Holly Energy Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.000% | 02/01/2028 | 300,000 | 306,750 |
Nabors Industries Ltd. (Energy Equip. & Svs.) | (a) | 7.250% | 01/15/2026 | 225,000 | 220,500 |
Nabors Industries Ltd. (Energy Equip. & Svs.) | (a) | 7.500% | 01/15/2028 | 200,000 | 192,000 |
NuStar Logistics LP (Oil, Gas & Consumable Fuels) | 5.625% | 04/28/2027 | 750,000 | 803,160 | |
Oasis Midstream Partners LP / OMP Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.000% | 04/01/2029 | 250,000 | 265,762 |
Oasis Petroleum, Inc. (Oil, Gas & Consumable Fuels) | (a) | 6.375% | 06/01/2026 | 75,000 | 78,205 |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 2.900% | 08/15/2024 | 300,000 | 306,750 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 3.500% | 06/15/2025 | 275,000 | 281,187 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 8.000% | 07/15/2025 | 100,000 | 119,750 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 5.875% | 09/01/2025 | 225,000 | 250,312 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 3.200% | 08/15/2026 | 200,000 | 201,500 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 8.875% | 07/15/2030 | 375,000 | 501,521 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 6.625% | 09/01/2030 | 275,000 | 330,000 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 6.450% | 09/15/2036 | 325,000 | 388,570 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.300% | 08/15/2039 | 325,000 | 310,375 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.100% | 02/15/2047 | 150,000 | 139,668 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.400% | 08/15/2049 | 250,000 | 240,000 | |
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 6.125% | 09/15/2024 | 150,000 | 153,405 | |
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 5.750% | 05/15/2026 | 250,000 | 261,170 | |
Precision Drilling Corp. (Energy Equip. & Svs.) | (a) | 7.125% | 01/15/2026 | 100,000 | 103,000 |
Precision Drilling Corp. (Energy Equip. & Svs.) | (a) | 6.875% | 01/15/2029 | 175,000 | 180,250 |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | 4.875% | 05/15/2025 | 75,000 | 77,625 | |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | 9.250% | 02/01/2026 | 150,000 | 165,375 | |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.250% | 01/15/2029 | 200,000 | 225,500 |
Rattler Midstream LP (Oil, Gas & Consumable Fuels) | (a) | 5.625% | 07/15/2025 | 200,000 | 210,250 |
Shelf Drilling Holdings Ltd. (Oil, Gas & Consumable Fuels) | (a) | 8.250% | 02/15/2025 | 225,000 | 178,763 |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 6.750% | 09/15/2026 | 275,000 | 279,812 | |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 6.625% | 01/15/2027 | 25,000 | 25,688 | |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 6.500% | 07/15/2028 | 50,000 | 51,375 | |
Southwestern Energy Co. (Oil, Gas & Consumable Fuels) | 8.375% | 09/15/2028 | 225,000 | 254,250 | |
Summit Midstream Holdings LLC / Summit Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | 5.500% | 08/15/2022 | 325,000 | 320,937 | |
Summit Midstream Holdings LLC / Summit Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | 5.750% | 04/15/2025 | 250,000 | 229,375 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 5.875% | 04/15/2026 | 150,000 | 157,547 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 5.375% | 02/01/2027 | 700,000 | 728,875 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 6.500% | 07/15/2027 | 25,000 | 27,093 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 5.000% | 01/15/2028 | 475,000 | 501,125 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 5.500% | 03/01/2030 | 475,000 | 522,338 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 4.875% | 02/01/2031 | 75,000 | 81,188 |
TransMontaigne Partners LP / TLP Finance Corp. (Oil, Gas & Consumable Fuels) | 6.125% | 02/15/2026 | 225,000 | 230,063 | |
U.S.A. Compression Partners LP / U.S.A. Compression Finance Corp. (Energy Equip. & Svs.) | 6.875% | 04/01/2026 | 925,000 | 968,937 | |
U.S.A. Compression Partners LP / U.S.A. Compression Finance Corp. (Energy Equip. & Svs.) | 6.875% | 09/01/2027 | 100,000 | 106,828 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 4.000% | 07/01/2022 | 100,000 | 101,625 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 4.650% | 07/01/2026 | 50,000 | 53,359 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 4.500% | 03/01/2028 | 175,000 | 186,813 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 4.750% | 08/15/2028 | 75,000 | 81,000 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.450% | 04/01/2044 | 175,000 | 188,563 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.300% | 03/01/2048 | 800,000 | 852,000 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.500% | 08/15/2048 | 100,000 | 108,839 | |
26,042,527 | |||||
Financials–8.9% | |||||
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Insurance) | (a) | 6.750% | 10/15/2027 | 825,000 | 867,042 |
AmWINS Group, Inc. (Insurance) | (a) | 7.750% | 07/01/2026 | 950,000 | 1,007,617 |
Ardonagh Midco 2 PLC (Insurance) | (a)(c) | 11.500%, 12.700% PIK | 01/15/2027 | 399,039 | 436,948 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Financials (continued) | |||||
AssuredPartners, Inc. (Insurance) | (a) | 7.000% | 08/15/2025 | $ 675,000 | $ 689,344 |
AssuredPartners, Inc. (Insurance) | (a) | 5.625% | 01/15/2029 | 75,000 | 75,000 |
BroadStreet Partners, Inc. (Insurance) | (a) | 5.875% | 04/15/2029 | 450,000 | 459,000 |
Ford Motor Credit Co. LLC (Consumer Finance) | 3.813% | 10/12/2021 | 300,000 | 302,250 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 3.096% | 05/04/2023 | 400,000 | 408,000 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.063% | 11/01/2024 | 375,000 | 398,869 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 5.125% | 06/16/2025 | 400,000 | 440,500 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 3.375% | 11/13/2025 | 575,000 | 596,246 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.389% | 01/08/2026 | 225,000 | 243,000 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.271% | 01/09/2027 | 450,000 | 482,130 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.125% | 08/17/2027 | 300,000 | 318,233 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 5.113% | 05/03/2029 | 525,000 | 587,727 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.000% | 11/13/2030 | 275,000 | 288,063 | |
GTCR AP Finance, Inc. (Insurance) | (a) | 8.000% | 05/15/2027 | 275,000 | 292,875 |
HUB International Ltd. (Insurance) | (a) | 7.000% | 05/01/2026 | 2,000,000 | 2,074,180 |
LD Holdings Group LLC (Thrifts & Mortgage Finance) | (a) | 6.125% | 04/01/2028 | 350,000 | 349,563 |
Navient Corp. (Consumer Finance) | 5.875% | 10/25/2024 | 775,000 | 836,031 | |
Navient Corp. (Consumer Finance) | 6.750% | 06/25/2025 | 175,000 | 193,762 | |
Navient Corp. (Consumer Finance) | 6.750% | 06/15/2026 | 125,000 | 139,531 | |
Navient Corp. (Consumer Finance) | 5.000% | 03/15/2027 | 50,000 | 51,738 | |
NFP Corp. (Insurance) | (a) | 6.875% | 08/15/2028 | 1,200,000 | 1,263,252 |
Quicken Loans LLC (Thrifts & Mortgage Finance) | (a) | 5.250% | 01/15/2028 | 425,000 | 446,250 |
Quicken Loans LLC / Quicken Loans Co-Issuer, Inc. (Thrifts & Mortgage Finance) | (a) | 3.625% | 03/01/2029 | 200,000 | 197,500 |
Quicken Loans LLC / Quicken Loans Co-Issuer, Inc. (Thrifts & Mortgage Finance) | (a) | 3.875% | 03/01/2031 | 300,000 | 302,247 |
United Wholesale Mortgage LLC (Thrifts & Mortgage Finance) | (a) | 5.500% | 11/15/2025 | 700,000 | 724,871 |
United Wholesale Mortgage LLC (Thrifts & Mortgage Finance) | (a) | 5.500% | 04/15/2029 | 225,000 | 224,948 |
USI, Inc. (Insurance) | (a) | 6.875% | 05/01/2025 | 1,050,000 | 1,063,156 |
15,759,873 | |||||
Health Care–12.0% | |||||
Acadia Healthcare Co., Inc. (Health Care Providers & Svs.) | (a) | 5.500% | 07/01/2028 | 25,000 | 26,688 |
Acadia Healthcare Co., Inc. (Health Care Providers & Svs.) | (a) | 5.000% | 04/15/2029 | 25,000 | 26,073 |
AdaptHealth LLC (Health Care Providers & Svs.) | (a) | 4.625% | 08/01/2029 | 225,000 | 227,812 |
AHP Health Partners, Inc. (Health Care Providers & Svs.) | (a) | 5.750% | 07/15/2029 | 100,000 | 101,375 |
Avantor Funding, Inc. (Health Care Equip. & Supplies) | (a) | 4.625% | 07/15/2028 | 600,000 | 633,462 |
Bausch Health Americas, Inc. (Pharmaceuticals) | (a) | 8.500% | 01/31/2027 | 525,000 | 570,622 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 6.125% | 04/15/2025 | 1,018,000 | 1,043,450 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.500% | 11/01/2025 | 200,000 | 205,200 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 9.000% | 12/15/2025 | 425,000 | 455,727 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.750% | 08/15/2027 | 175,000 | 185,742 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.000% | 01/30/2028 | 200,000 | 189,750 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 4.875% | 06/01/2028 | 150,000 | 153,525 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.000% | 02/15/2029 | 75,000 | 69,938 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 6.250% | 02/15/2029 | 175,000 | 173,084 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 7.250% | 05/30/2029 | 575,000 | 587,598 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.250% | 01/30/2030 | 375,000 | 348,750 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.250% | 02/15/2031 | 75,000 | 70,009 |
Centene Corp. (Health Care Providers & Svs.) | (a) | 5.375% | 06/01/2026 | 625,000 | 653,125 |
Centene Corp. (Health Care Providers & Svs.) | (a) | 5.375% | 08/15/2026 | 225,000 | 235,125 |
Centene Corp. (Health Care Providers & Svs.) | 4.250% | 12/15/2027 | 800,000 | 843,000 | |
Centene Corp. (Health Care Providers & Svs.) | 4.625% | 12/15/2029 | 425,000 | 467,402 | |
Centene Corp. (Health Care Providers & Svs.) | 3.375% | 02/15/2030 | 50,000 | 52,266 | |
Charles River Laboratories International, Inc. (Life Sciences Tools & Svs.) | (a) | 3.750% | 03/15/2029 | 100,000 | 101,375 |
Charles River Laboratories International, Inc. (Life Sciences Tools & Svs.) | (a) | 4.000% | 03/15/2031 | 125,000 | 130,041 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.625% | 02/15/2025 | 100,000 | 105,749 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 8.000% | 03/15/2026 | 350,000 | 377,125 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 5.625% | 03/15/2027 | 150,000 | 160,125 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.000% | 01/15/2029 | 50,000 | 53,500 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.875% | 04/15/2029 | 500,000 | 523,235 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.125% | 04/01/2030 | 100,000 | 101,500 |
DaVita, Inc. (Health Care Providers & Svs.) | (a) | 4.625% | 06/01/2030 | 350,000 | 359,877 |
Endo DAC / Endo Finance LLC / Endo Finco, Inc. (Pharmaceuticals) | (a) | 9.500% | 07/31/2027 | 175,000 | 178,500 |
Endo DAC / Endo Finance LLC / Endo Finco, Inc. (Pharmaceuticals) | (a) | 6.000% | 06/30/2028 | 552,000 | 372,244 |
Endo Luxembourg Finance Co. I SARL / Endo U.S., Inc. (Pharmaceuticals) | (a) | 6.125% | 04/01/2029 | 150,000 | 147,000 |
Global Medical Response, Inc. (Health Care Providers & Svs.) | (a) | 6.500% | 10/01/2025 | 825,000 | 848,719 |
HCA, Inc. (Health Care Providers & Svs.) | 5.375% | 02/01/2025 | 900,000 | 1,015,200 | |
HCA, Inc. (Health Care Providers & Svs.) | 5.875% | 02/15/2026 | 200,000 | 231,130 | |
HCA, Inc. (Health Care Providers & Svs.) | 5.625% | 09/01/2028 | 200,000 | 237,000 | |
HCA, Inc. (Health Care Providers & Svs.) | 3.500% | 09/01/2030 | 675,000 | 719,125 | |
IQVIA, Inc. (Life Sciences Tools & Svs.) | (a) | 5.000% | 10/15/2026 | 300,000 | 310,500 |
IQVIA, Inc. (Life Sciences Tools & Svs.) | (a) | 5.000% | 05/15/2027 | 200,000 | 209,500 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Health Care (continued) | |||||
Jaguar Holding Co. II / PPD Development LP (Health Care Providers & Svs.) | (a) | 4.625% | 06/15/2025 | $ 275,000 | $ 288,750 |
Jaguar Holding Co. II / PPD Development LP (Health Care Providers & Svs.) | (a) | 5.000% | 06/15/2028 | 200,000 | 216,784 |
Jazz Securities DAC (Pharmaceuticals) | (a) | 4.375% | 01/15/2029 | 350,000 | 362,880 |
Legacy LifePoint Health LLC (Health Care Providers & Svs.) | (a) | 6.750% | 04/15/2025 | 250,000 | 266,412 |
Legacy LifePoint Health LLC (Health Care Providers & Svs.) | (a) | 4.375% | 02/15/2027 | 125,000 | 126,500 |
LifePoint Health, Inc. (Health Care Providers & Svs.) | (a) | 5.375% | 01/15/2029 | 25,000 | 24,375 |
Mallinckrodt International Finance SA / Mallinckrodt CB LLC (Acquired 10/04/2016 through 07/09/2018, Cost $1,210,062) (Pharmaceuticals) | (a)(b) | 5.625% | 10/15/2023 | 1,275,000 | 892,500 |
Mallinckrodt International Finance SA / Mallinckrodt CB LLC (Acquired 05/05/2016 through 09/24/2018, Cost $354,937) (Pharmaceuticals) | (a)(b) | 5.500% | 04/15/2025 | 400,000 | 278,000 |
MEDNAX, Inc. (Health Care Providers & Svs.) | (a) | 6.250% | 01/15/2027 | 325,000 | 344,094 |
MPH Acquisition Holdings LLC (Health Care Providers & Svs.) | (a) | 5.750% | 11/01/2028 | 925,000 | 929,542 |
Organon & Co / Organon Foreign Debt Co-Issuer B.V. (Pharmaceuticals) | (a) | 5.125% | 04/30/2031 | 250,000 | 257,550 |
Prestige Brands, Inc. (Pharmaceuticals) | (a) | 3.750% | 04/01/2031 | 175,000 | 168,722 |
RegionalCare Hospital Partners Holdings, Inc. / LifePoint Health, Inc. (Health Care Providers & Svs.) | (a) | 9.750% | 12/01/2026 | 650,000 | 699,562 |
Syneos Health, Inc. (Life Sciences Tools & Svs.) | (a) | 3.625% | 01/15/2029 | 125,000 | 123,750 |
Team Health Holdings, Inc. (Health Care Providers & Svs.) | (a) | 6.375% | 02/01/2025 | 475,000 | 451,753 |
Teleflex, Inc. (Health Care Equip. & Supplies) | 4.625% | 11/15/2027 | 175,000 | 186,408 | |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | 6.750% | 06/15/2023 | 450,000 | 491,062 | |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | 4.625% | 07/15/2024 | 125,000 | 126,838 | |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 4.875% | 01/01/2026 | 300,000 | 311,160 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 6.250% | 02/01/2027 | 125,000 | 130,469 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 5.125% | 11/01/2027 | 425,000 | 445,719 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 6.125% | 10/01/2028 | 300,000 | 319,692 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 4.250% | 06/01/2029 | 150,000 | 151,875 |
Vizient, Inc. (Health Care Providers & Svs.) | (a) | 6.250% | 05/15/2027 | 150,000 | 158,625 |
21,254,190 | |||||
Industrials–11.5% | |||||
Allied Universal Holdco LLC / Allied Universal Finance Corp. (Commercial Svs. & Supplies) | (a) | 6.625% | 07/15/2026 | 200,000 | 212,046 |
Allied Universal Holdco LLC / Allied Universal Finance Corp. (Commercial Svs. & Supplies) | (a) | 9.750% | 07/15/2027 | 1,300,000 | 1,431,625 |
Allied Universal Holdco LLC / Allied Universal Finance Corp. (Commercial Svs. & Supplies) | (a) | 6.000% | 06/01/2029 | 200,000 | 202,758 |
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. (Airlines) | (a) | 5.500% | 04/20/2026 | 450,000 | 476,437 |
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. (Airlines) | (a) | 5.750% | 04/20/2029 | 350,000 | 378,437 |
American Builders & Contractors Supply Co., Inc. (Trading Companies & Distributors) | (a) | 4.000% | 01/15/2028 | 50,000 | 51,236 |
BCPE Empire Holdings, Inc. (Commercial Svs. & Supplies) | (a) | 7.625% | 05/01/2027 | 700,000 | 716,870 |
Brink's Co. / The (Commercial Svs. & Supplies) | (a) | 5.500% | 07/15/2025 | 75,000 | 79,641 |
Clarivate Science Holdings Corp. (Professional Svs.) | (a) | 3.875% | 06/30/2028 | 75,000 | 75,683 |
Clarivate Science Holdings Corp. (Professional Svs.) | (a) | 4.875% | 06/30/2029 | 200,000 | 205,250 |
Core & Main LP (Commercial Svs. & Supplies) | (a) | 6.125% | 08/15/2025 | 850,000 | 867,000 |
Cornerstone Building Brands, Inc. (Building Products) | (a) | 6.125% | 01/15/2029 | 175,000 | 187,688 |
CP Atlas Buyer, Inc. (Building Products) | (a) | 7.000% | 12/01/2028 | 600,000 | 621,750 |
Dun & Bradstreet Corp. / The (Professional Svs.) | (a) | 6.875% | 08/15/2026 | 135,000 | 143,100 |
Dun & Bradstreet Corp. / The (Professional Svs.) | (a) | 10.250% | 02/15/2027 | 615,000 | 679,101 |
Foundation Building Materials, Inc. (Trading Companies & Distributors) | (a) | 6.000% | 03/01/2029 | 425,000 | 420,750 |
Garda World Security Corp. (Commercial Svs. & Supplies) | (a) | 4.625% | 02/15/2027 | 175,000 | 175,875 |
Garda World Security Corp. (Commercial Svs. & Supplies) | (a) | 6.000% | 06/01/2029 | 225,000 | 223,313 |
GYP Holdings III Corp. (Building Products) | (a) | 4.625% | 05/01/2029 | 50,000 | 50,188 |
H&E Equipment Services, Inc. (Trading Companies & Distributors) | (a) | 3.875% | 12/15/2028 | 600,000 | 590,400 |
Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd. (Airlines) | (a) | 5.750% | 01/20/2026 | 50,000 | 53,681 |
Interface, Inc. (Commercial Svs. & Supplies) | (a) | 5.500% | 12/01/2028 | 125,000 | 130,750 |
KAR Auction Services, Inc. (Commercial Svs. & Supplies) | (a) | 5.125% | 06/01/2025 | 500,000 | 513,100 |
Madison IAQ LLC (Commercial Svs. & Supplies) | (a) | 4.125% | 06/30/2028 | 50,000 | 50,500 |
Madison IAQ LLC (Commercial Svs. & Supplies) | (a) | 5.875% | 06/30/2029 | 500,000 | 508,750 |
Nielsen Co. Luxembourg SARL / The (Professional Svs.) | (a) | 5.000% | 02/01/2025 | 150,000 | 154,313 |
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 5.625% | 10/01/2028 | 100,000 | 105,609 |
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 4.500% | 07/15/2029 | 100,000 | 100,280 |
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 5.875% | 10/01/2030 | 350,000 | 380,948 |
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 4.750% | 07/15/2031 | 100,000 | 100,250 |
Sensata Technologies, Inc. (Electrical Equip.) | (a) | 4.375% | 02/15/2030 | 225,000 | 237,114 |
Sensata Technologies, Inc. (Electrical Equip.) | (a) | 3.750% | 02/15/2031 | 25,000 | 24,721 |
Solaris Midstream Holdings LLC (Commercial Svs. & Supplies) | (a) | 7.625% | 04/01/2026 | 100,000 | 106,000 |
Standard Industries, Inc. (Building Products) | (a) | 5.000% | 02/15/2027 | 1,200,000 | 1,242,750 |
Stena International SA (Transportation Infrastructure) | (a) | 6.125% | 02/01/2025 | 300,000 | 312,000 |
Tempo Acquisition LLC / Tempo Acquisition Finance Corp. (Professional Svs.) | (a) | 6.750% | 06/01/2025 | 1,425,000 | 1,449,054 |
Terex Corp. (Machinery) | (a) | 5.000% | 05/15/2029 | 175,000 | 182,438 |
TransDigm U.K. Holdings PLC (Aerospace & Defense) | 6.875% | 05/15/2026 | 275,000 | 290,125 | |
TransDigm, Inc. (Aerospace & Defense) | (a) | 6.250% | 03/15/2026 | 575,000 | 606,625 |
TransDigm, Inc. (Aerospace & Defense) | 6.375% | 06/15/2026 | 850,000 | 880,574 | |
TransDigm, Inc. (Aerospace & Defense) | 5.500% | 11/15/2027 | 150,000 | 156,375 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Industrials (continued) | |||||
TransDigm, Inc. (Aerospace & Defense) | (a) | 4.625% | 01/15/2029 | $ 125,000 | $ 125,044 |
TransDigm, Inc. (Aerospace & Defense) | (a) | 4.875% | 05/01/2029 | 425,000 | 429,037 |
Trident TPI Holdings, Inc. (Machinery) | (a) | 9.250% | 08/01/2024 | 175,000 | 182,875 |
Trident TPI Holdings, Inc. (Machinery) | (a) | 6.625% | 11/01/2025 | 700,000 | 717,500 |
United Rentals North America, Inc. (Trading Companies & Distributors) | 5.875% | 09/15/2026 | 100,000 | 103,479 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 5.500% | 05/15/2027 | 50,000 | 53,000 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 4.875% | 01/15/2028 | 325,000 | 344,662 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 5.250% | 01/15/2030 | 100,000 | 109,539 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 3.875% | 02/15/2031 | 50,000 | 50,875 | |
Vertical Holdco GmbH (Building Products) | (a) | 7.625% | 07/15/2028 | 300,000 | 325,557 |
Vertical U.S. Newco, Inc. (Building Products) | (a) | 5.250% | 07/15/2027 | 325,000 | 342,469 |
Watco Cos. LLC / Watco Finance Corp. (Road & Rail) | (a) | 6.500% | 06/15/2027 | 400,000 | 428,000 |
WESCO Distribution, Inc. (Trading Companies & Distributors) | 5.375% | 06/15/2024 | 550,000 | 557,425 | |
WESCO Distribution, Inc. (Trading Companies & Distributors) | (a) | 7.125% | 06/15/2025 | 100,000 | 108,070 |
WESCO Distribution, Inc. (Trading Companies & Distributors) | (a) | 7.250% | 06/15/2028 | 225,000 | 250,616 |
White Cap Buyer LLC (Building Products) | (a) | 6.875% | 10/15/2028 | 425,000 | 454,856 |
White Cap Parent LLC (Building Products) | (a)(c) | 8.250%, 9.000% PIK | 03/15/2026 | 250,000 | 258,665 |
20,216,774 | |||||
Information Technology–5.7% | |||||
ams AG (Semiconductors & Equip.) | (a) | 7.000% | 07/31/2025 | 275,000 | 296,312 |
Banff Merger Sub, Inc. (IT Svs.) | (a) | 9.750% | 09/01/2026 | 500,000 | 526,250 |
Black Knight InfoServ LLC (IT Svs.) | (a) | 3.625% | 09/01/2028 | 225,000 | 223,866 |
Booz Allen Hamilton, Inc. (IT Svs.) | (a) | 3.875% | 09/01/2028 | 75,000 | 76,500 |
Booz Allen Hamilton, Inc. (IT Svs.) | (a) | 4.000% | 07/01/2029 | 50,000 | 51,125 |
Boxer Parent Co., Inc. (Software) | (a) | 9.125% | 03/01/2026 | 75,000 | 79,164 |
BY Crown Parent LLC (Software) | (a) | 7.375% | 10/15/2024 | 1,025,000 | 1,043,450 |
BY Crown Parent LLC / BY Bond Finance, Inc. (Software) | (a) | 4.250% | 01/31/2026 | 25,000 | 26,188 |
CDW LLC / CDW Finance Corp. (Electronic Equip., Instr. & Comp.) | 3.250% | 02/15/2029 | 225,000 | 227,970 | |
Dell International LLC / EMC Corp. (Computers & Peripherals) | (a) | 7.125% | 06/15/2024 | 950,000 | 974,415 |
Diebold Nixdorf, Inc. (Tech. Hardware, Storage & Periph.) | (a) | 9.375% | 07/15/2025 | 50,000 | 55,438 |
Elastic N.V. (Software) | (a) | 4.125% | 07/15/2029 | 125,000 | 125,000 |
Entegris, Inc. (Semiconductors & Equip.) | (a) | 3.625% | 05/01/2029 | 200,000 | 202,500 |
Gartner, Inc. (IT Svs.) | (a) | 4.500% | 07/01/2028 | 50,000 | 52,806 |
Gartner, Inc. (IT Svs.) | (a) | 3.750% | 10/01/2030 | 125,000 | 127,889 |
Go Daddy Operating Co. LLC / GD Finance Co., Inc. (IT Svs.) | (a) | 5.250% | 12/01/2027 | 350,000 | 367,500 |
Helios Software Holdings Inc / ION Corporate Solutions Finance SARL (Software) | (a) | 4.625% | 05/01/2028 | 250,000 | 244,705 |
INEOS Quattro Finance 2 PLC (Software) | (a) | 3.375% | 01/15/2026 | 200,000 | 202,646 |
LogMeIn, Inc. (Software) | (a) | 5.500% | 09/01/2027 | 400,000 | 414,020 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 8.125% | 04/15/2025 | 25,000 | 27,338 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.750% | 09/01/2027 | 275,000 | 290,984 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.000% | 10/01/2028 | 225,000 | 232,666 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.125% | 04/15/2029 | 250,000 | 257,812 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 6.125% | 09/01/2029 | 50,000 | 54,500 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.250% | 10/01/2030 | 350,000 | 363,125 |
ON Semiconductor Corp. (Semiconductors & Equip.) | (a) | 3.875% | 09/01/2028 | 150,000 | 154,521 |
PTC, Inc. (Software) | (a) | 3.625% | 02/15/2025 | 25,000 | 25,750 |
PTC, Inc. (Software) | (a) | 4.000% | 02/15/2028 | 125,000 | 129,125 |
Qorvo, Inc. (Semiconductors & Equip.) | 4.375% | 10/15/2029 | 250,000 | 272,430 | |
Qorvo, Inc. (Semiconductors & Equip.) | (a) | 3.375% | 04/01/2031 | 100,000 | 104,222 |
Rocket Software, Inc. (Software) | (a) | 6.500% | 02/15/2029 | 525,000 | 520,947 |
Science Applications International Corp. (IT Svs.) | (a) | 4.875% | 04/01/2028 | 75,000 | 78,656 |
Seagate HDD Cayman (Tech. Hardware, Storage & Periph.) | (a) | 3.125% | 07/15/2029 | 300,000 | 290,674 |
Seagate HDD Cayman (Tech. Hardware, Storage & Periph.) | (a) | 3.375% | 07/15/2031 | 250,000 | 241,575 |
SS&C Technologies, Inc. (Software) | (a) | 5.500% | 09/30/2027 | 775,000 | 821,267 |
Synaptics, Inc. (Semiconductors & Equip.) | (a) | 4.000% | 06/15/2029 | 125,000 | 125,625 |
TTM Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 4.000% | 03/01/2029 | 150,000 | 150,909 |
Veritas U.S., Inc. / Veritas Bermuda Ltd. (Software) | (a) | 7.500% | 09/01/2025 | 575,000 | 598,719 |
10,058,589 | |||||
Materials–9.9% | |||||
ARD Finance SA (Containers & Packaging) | (a)(c) | 6.500%, 7.250% PIK | 06/30/2027 | 1,200,000 | 1,260,000 |
Ardagh Packaging Finance PLC / Ardagh Holdings U.S.A., Inc. (Containers & Packaging) | (a) | 6.000% | 02/15/2025 | 200,000 | 206,300 |
Ardagh Packaging Finance PLC / Ardagh Holdings U.S.A., Inc. (Containers & Packaging) | (a) | 5.250% | 08/15/2027 | 275,000 | 280,500 |
Ardagh Packaging Finance PLC / Ardagh Holdings U.S.A., Inc. (Containers & Packaging) | (a) | 5.250% | 08/15/2027 | 200,000 | 204,000 |
Ardagh Packaging Finance PLC / Ardagh Holdings U.S.A., Inc. (Containers & Packaging) | (a) | 4.000% | 09/01/2029 | 225,000 | 223,104 |
Axalta Coating Systems LLC (Chemicals) | (a) | 3.375% | 02/15/2029 | 150,000 | 146,625 |
Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B B.V. (Chemicals) | (a) | 4.750% | 06/15/2027 | 150,000 | 157,125 |
Ball Corp. (Containers & Packaging) | 2.875% | 08/15/2030 | 325,000 | 319,027 | |
Berry Global, Inc. (Containers & Packaging) | (a) | 4.875% | 07/15/2026 | 375,000 | 396,810 |
Berry Global, Inc. (Containers & Packaging) | (a) | 5.625% | 07/15/2027 | 275,000 | 290,837 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Materials (continued) | |||||
Clearwater Paper Corp. (Paper & Forest Products) | (a) | 5.375% | 02/01/2025 | $ 675,000 | $ 718,875 |
Cleveland-Cliffs, Inc. (Metals & Mining) | (a) | 4.625% | 03/01/2029 | 400,000 | 420,908 |
Cleveland-Cliffs, Inc. (Metals & Mining) | (a) | 4.875% | 03/01/2031 | 475,000 | 498,750 |
Coeur Mining, Inc. (Metals & Mining) | (a) | 5.125% | 02/15/2029 | 325,000 | 321,750 |
Compass Minerals International, Inc. (Metals & Mining) | (a) | 4.875% | 07/15/2024 | 750,000 | 774,375 |
Compass Minerals International, Inc. (Metals & Mining) | (a) | 6.750% | 12/01/2027 | 50,000 | 53,750 |
Crown Americas LLC / Crown Americas Capital Corp. VI (Containers & Packaging) | 4.750% | 02/01/2026 | 275,000 | 285,368 | |
Element Solutions, Inc. (Chemicals) | (a) | 3.875% | 09/01/2028 | 300,000 | 306,090 |
Flex Acquisition Co., Inc. (Containers & Packaging) | (a) | 6.875% | 01/15/2025 | 1,075,000 | 1,091,125 |
Flex Acquisition Co., Inc. (Containers & Packaging) | (a) | 7.875% | 07/15/2026 | 675,000 | 702,000 |
Freeport-McMoRan, Inc. (Metals & Mining) | 5.000% | 09/01/2027 | 175,000 | 184,844 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 4.125% | 03/01/2028 | 175,000 | 182,656 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 4.375% | 08/01/2028 | 225,000 | 237,656 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 5.250% | 09/01/2029 | 200,000 | 220,750 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 4.625% | 08/01/2030 | 150,000 | 164,250 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 5.400% | 11/14/2034 | 150,000 | 181,171 | |
Graphic Packaging International LLC (Containers & Packaging) | (a) | 4.750% | 07/15/2027 | 150,000 | 162,057 |
Graphic Packaging International LLC (Containers & Packaging) | (a) | 3.500% | 03/15/2028 | 100,000 | 100,750 |
Graphic Packaging International LLC (Containers & Packaging) | (a) | 3.500% | 03/01/2029 | 100,000 | 99,070 |
HB Fuller Co. (Chemicals) | 4.250% | 10/15/2028 | 125,000 | 129,191 | |
Herens Holdco SARL (Chemicals) | (a) | 4.750% | 05/15/2028 | 325,000 | 323,375 |
Hexion, Inc. (Chemicals) | (a) | 7.875% | 07/15/2027 | 525,000 | 566,344 |
Illuminate Buyer LLC / Illuminate Holdings IV, Inc. (Chemicals) | (a) | 9.000% | 07/01/2028 | 150,000 | 167,253 |
Koppers, Inc. (Chemicals) | (a) | 6.000% | 02/15/2025 | 900,000 | 928,800 |
Mauser Packaging Solutions Holding Co. (Containers & Packaging) | (a) | 5.500% | 04/15/2024 | 300,000 | 303,000 |
Mauser Packaging Solutions Holding Co. (Containers & Packaging) | (a) | 7.250% | 04/15/2025 | 700,000 | 686,000 |
Nouryon Holding B.V. (Chemicals) | (a) | 8.000% | 10/01/2026 | 800,000 | 848,000 |
Owens-Brockway Glass Container, Inc. (Containers & Packaging) | (a) | 5.875% | 08/15/2023 | 225,000 | 242,633 |
Owens-Brockway Glass Container, Inc. (Containers & Packaging) | (a) | 5.375% | 01/15/2025 | 175,000 | 185,938 |
Owens-Brockway Glass Container, Inc. (Containers & Packaging) | (a) | 6.375% | 08/15/2025 | 600,000 | 665,250 |
Owens-Brockway Glass Container, Inc. (Containers & Packaging) | (a) | 6.625% | 05/13/2027 | 50,000 | 54,375 |
Polar U.S. Borrower LLC / Schenectady International Group, Inc. (Chemicals) | (a) | 6.750% | 05/15/2026 | 375,000 | 375,469 |
PQ Corp. (Chemicals) | (a) | 5.750% | 12/15/2025 | 125,000 | 128,281 |
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer SA (Containers & Packaging) | (a) | 4.000% | 10/15/2027 | 450,000 | 446,882 |
Sealed Air Corp. (Containers & Packaging) | (a) | 4.000% | 12/01/2027 | 175,000 | 186,156 |
SRS Distribution, Inc. (Construction Materials) | (a) | 6.125% | 07/01/2029 | 200,000 | 205,822 |
Trivium Packaging Finance B.V. (Containers & Packaging) | (a) | 5.500% | 08/15/2026 | 200,000 | 210,140 |
Trivium Packaging Finance B.V. (Containers & Packaging) | (a) | 8.500% | 08/15/2027 | 475,000 | 516,420 |
W.R. Grace & Co.-Conn (Chemicals) | (a) | 4.875% | 06/15/2027 | 175,000 | 185,553 |
17,545,405 | |||||
Real Estate–0.4% | |||||
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (a) | 3.500% | 02/15/2025 | 25,000 | 25,494 |
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (a) | 4.250% | 12/01/2026 | 225,000 | 234,050 |
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (a) | 4.625% | 12/01/2029 | 275,000 | 292,187 |
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (a) | 4.125% | 08/15/2030 | 100,000 | 102,682 |
654,413 | |||||
Utilities–3.3% | |||||
AmeriGas Partners LP / AmeriGas Finance Corp. (Gas Utilities) | 5.875% | 08/20/2026 | 725,000 | 811,746 | |
AmeriGas Partners LP / AmeriGas Finance Corp. (Gas Utilities) | 5.750% | 05/20/2027 | 100,000 | 111,500 | |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 5.250% | 06/01/2026 | 101,000 | 103,904 |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 4.500% | 02/15/2028 | 425,000 | 433,500 |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 4.625% | 02/01/2029 | 100,000 | 98,314 |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 5.000% | 02/01/2031 | 100,000 | 99,500 |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 3.750% | 03/01/2031 | 300,000 | 285,705 |
NRG Energy, Inc. (Electric Utilities) | 7.250% | 05/15/2026 | 750,000 | 777,454 | |
NRG Energy, Inc. (Electric Utilities) | 6.625% | 01/15/2027 | 250,000 | 258,805 | |
NRG Energy, Inc. (Electric Utilities) | (a) | 3.375% | 02/15/2029 | 25,000 | 24,469 |
NRG Energy, Inc. (Electric Utilities) | �� (a) | 3.625% | 02/15/2031 | 25,000 | 24,568 |
Pattern Energy Operations LP / Pattern Energy Operations, Inc. (Ind. Power & Renewable Elec.) | (a) | 4.500% | 08/15/2028 | 125,000 | 129,400 |
Suburban Propane Partners LP / Suburban Energy Finance Corp. (Gas Utilities) | 5.875% | 03/01/2027 | 600,000 | 629,943 | |
Suburban Propane Partners LP / Suburban Energy Finance Corp. (Gas Utilities) | (a) | 5.000% | 06/01/2031 | 125,000 | 127,969 |
TerraForm Power Operating LLC (Ind. Power & Renewable Elec.) | (a) | 5.000% | 01/31/2028 | 750,000 | 794,062 |
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (a) | 5.500% | 09/01/2026 | 225,000 | 232,031 |
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (a) | 5.625% | 02/15/2027 | 400,000 | 415,000 |
Ohio National Fund, Inc. | ON Federated High Income Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Utilities (continued) | |||||
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (a) | 5.000% | 07/31/2027 | $ 375,000 | $ 384,986 |
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (a) | 4.375% | 05/01/2029 | 75,000 | 75,375 |
5,818,231 | |||||
Total Corporate Bonds (Cost $164,804,838) | $171,195,444 |
Common Stocks–0.7% | Shares | Value | |
Communication Services–0.1% | |||
iHeartMedia, Inc. Class A (Media) | (d) | 7,387 | $ 198,932 |
Energy–0.5% | |||
Oasis Petroleum, Inc. (Oil, Gas & Consumable Fuels) | 3,354 | 337,245 | |
Superior Energy Services, Inc. (Acquired August 03, 2017 through July 25, 2018, Cost $939,833) (Energy Equip. & Svs.) | (d)(e) | 14,115 | 557,542 |
894,787 | |||
Materials–0.1% | |||
Hexion Holdings Corp. Class B (Chemicals) | (d) | 5,808 | 107,448 |
Total Common Stocks (Cost $1,593,755) | $ 1,201,167 |
Warrants –0.0% | Expiration | Strike Price | Quantity | Value | |
Energy–0.0% | |||||
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | (d) | 02/09/2026 | $ 27.63 | 3,585 | $ 96,365 |
Total Warrants (Cost $326,664) | $ 96,365 |
Money Market Funds–1.3% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (f) | 2,268,232 | $ 2,268,913 |
Total Money Market Funds (Cost $2,268,913) | $ 2,268,913 | ||
Total Investments – 98.9% (Cost $168,994,170) | (g) | $174,761,889 | |
Other Assets in Excess of Liabilities – 1.1% | 1,909,162 | ||
Net Assets – 100.0% | $176,671,051 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
PIK: | Payment-in-Kind |
Footnotes: | ||
(a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified buyers under Rule 144A. At June 30, 2021, the value of these securities totaled $133,128,109, or 75.4% of the Portfolio’s net assets. | |
(b) | Represents a security that is in default and deemed to be non-income producing. | |
(c) | Issuer of the security has the option to make coupon payments in cash or in additional par value of this bond (Payment-in-Kind). | |
(d) | Non-income producing security. | |
(e) | Represents a security deemed to be restricted. At June 30, 2021, the value of restricted securities in the Portfolio totaled $557,542, or 0.3% of the Portfolio’s net assets. | |
(f) | Rate represents the seven-day yield at June 30, 2021. | |
(g) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Ohio National Fund, Inc. | ON Nasdaq-100® Index Portfolio (Unaudited) |
Average Annual returns | |
One year | 43.81% |
Five years | 27.70% |
Ten years | 20.93% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Nasdaq-100® Index Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 100.3 |
Less Net Liabilities | (0.3) |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Apple, Inc. | 11.0 |
2. | Microsoft Corp. | 9.9 |
3. | Amazon.com, Inc. | 8.4 |
4. | Facebook, Inc. Class A | 4.0 |
5. | Alphabet, Inc. Class C | 3.9 |
6. | Tesla, Inc. | 3.9 |
7. | NVIDIA Corp. | 3.7 |
8. | Alphabet, Inc. Class A | 3.5 |
9. | PayPal Holdings, Inc. | 2.5 |
10. | Adobe, Inc. | 2.1 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Information Technology | 49.0 |
Communication Services | 19.6 |
Consumer Discretionary | 17.5 |
Health Care | 6.7 |
Consumer Staples | 4.9 |
Industrials | 1.7 |
Utilities | 0.9 |
100.3 |
Ohio National Fund, Inc. | ON Nasdaq-100® Index Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–100.3% | Shares | Value | |
Communication Services–19.6% | |||
Activision Blizzard, Inc. (Entertainment) | 22,504 | $ 2,147,782 | |
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 5,724 | 13,976,806 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 6,158 | 15,433,918 |
Baidu, Inc. – ADR (Interactive Media & Svs.) | (a) | 7,504 | 1,530,066 |
Charter Communications, Inc. Class A (Media) | (a) | 5,464 | 3,942,003 |
Comcast Corp. Class A (Media) | 132,782 | 7,571,230 | |
Electronic Arts, Inc. (Entertainment) | 8,289 | 1,192,207 | |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 45,601 | 15,855,924 |
Fox Corp. Class A (Media) | 9,408 | 349,319 | |
Fox Corp. Class B (Media) | 7,401 | 260,515 | |
Match Group, Inc. (Interactive Media & Svs.) | (a) | 7,828 | 1,262,265 |
NetEase, Inc. – ADR (Entertainment) | 8,726 | 1,005,671 | |
Netflix, Inc. (Entertainment) | (a) | 12,841 | 6,782,745 |
Sirius XM Holdings, Inc. (Media) | 118,476 | 774,833 | |
T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | (a) | 36,111 | 5,229,956 |
77,315,240 | |||
Consumer Discretionary–17.5% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 9,598 | 33,018,656 |
Booking Holdings, Inc. (Internet & Direct Marketing Retail) | (a) | 1,189 | 2,601,639 |
Dollar Tree, Inc. (Multiline Retail) | (a) | 6,718 | 668,441 |
eBay, Inc. (Internet & Direct Marketing Retail) | 19,731 | 1,385,314 | |
JD.com, Inc. – ADR (Internet & Direct Marketing Retail) | (a) | 23,339 | 1,862,686 |
Lululemon Athletica, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 3,624 | 1,322,651 |
Marriott International, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 9,431 | 1,287,520 |
MercadoLibre, Inc. (Internet & Direct Marketing Retail) | (a) | 1,444 | 2,249,449 |
O'Reilly Automotive, Inc. (Specialty Retail) | (a) | 2,021 | 1,144,310 |
Peloton Interactive, Inc. Class A (Leisure Products) | (a) | 7,783 | 965,248 |
Pinduoduo, Inc. – ADR (Internet & Direct Marketing Retail) | (a) | 10,957 | 1,391,758 |
Ross Stores, Inc. (Specialty Retail) | 10,328 | 1,280,672 | |
Starbucks Corp. (Hotels, Restaurants & Leisure) | 34,125 | 3,815,516 | |
Tesla, Inc. (Automobiles) | (a) | 22,689 | 15,421,713 |
Trip.com Group Ltd. – ADR (Internet & Direct Marketing Retail) | (a) | 15,242 | 540,481 |
68,956,054 | |||
Consumer Staples–4.9% | |||
Costco Wholesale Corp. (Food & Staples Retailing) | 12,816 | 5,070,906 | |
Keurig Dr Pepper, Inc. (Beverages) | 41,050 | 1,446,602 | |
Kraft Heinz Co. / The (Food Products) | 35,424 | 1,444,591 | |
Mondelez International, Inc. Class A (Food Products) | 40,682 | 2,540,184 | |
Monster Beverage Corp. (Beverages) | (a) | 15,308 | 1,398,386 |
PepsiCo, Inc. (Beverages) | 40,013 | 5,928,726 | |
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 25,034 | 1,317,039 | |
19,146,434 | |||
Health Care–6.7% | |||
Alexion Pharmaceuticals, Inc. (Biotechnology) | (a) | 6,402 | 1,176,111 |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 2,292 | 1,400,412 |
Amgen, Inc. (Biotechnology) | 16,640 | 4,056,000 | |
Biogen, Inc. (Biotechnology) | (a) | 4,360 | 1,509,737 |
Cerner Corp. (Health Care Technology) | 8,728 | 682,180 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 2,801 | 1,196,027 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Gilead Sciences, Inc. (Biotechnology) | 36,325 | $ 2,501,340 | |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 2,470 | 1,559,929 |
Illumina, Inc. (Life Sciences Tools & Svs.) | (a) | 4,228 | 2,000,732 |
Incyte Corp. (Biotechnology) | (a) | 6,354 | 534,562 |
Intuitive Surgical, Inc. (Health Care Equip. & Supplies) | (a) | 3,429 | 3,153,446 |
Moderna, Inc. (Biotechnology) | (a) | 11,629 | 2,732,582 |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | (a) | 3,032 | 1,693,493 |
Seagen, Inc. (Biotechnology) | (a) | 5,256 | 829,817 |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 7,498 | 1,511,822 |
26,538,190 | |||
Industrials–1.7% | |||
Cintas Corp. (Commercial Svs. & Supplies) | 3,043 | 1,162,426 | |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 6,852 | 903,299 |
CSX Corp. (Road & Rail) | 65,806 | 2,111,057 | |
Fastenal Co. (Trading Companies & Distributors) | 16,638 | 865,176 | |
PACCAR, Inc. (Machinery) | 10,054 | 897,320 | |
Verisk Analytics, Inc. (Professional Svs.) | 4,695 | 820,310 | |
6,759,588 | |||
Information Technology–49.0% | |||
Adobe, Inc. (Software) | (a) | 13,844 | 8,107,600 |
Advanced Micro Devices, Inc. (Semiconductors & Equip.) | (a) | 35,188 | 3,305,209 |
Analog Devices, Inc. (Semiconductors & Equip.) | 10,682 | 1,839,013 | |
ANSYS, Inc. (Software) | (a) | 2,524 | 875,979 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 317,596 | 43,497,948 | |
Applied Materials, Inc. (Semiconductors & Equip.) | 26,470 | 3,769,328 | |
ASML Holding N.V. (Semiconductors & Equip.) | 2,301 | 1,589,623 | |
Atlassian Corp. PLC Class A (Software) | (a) | 3,918 | 1,006,378 |
Autodesk, Inc. (Software) | (a) | 6,374 | 1,860,571 |
Automatic Data Processing, Inc. (IT Svs.) | 12,324 | 2,447,793 | |
Broadcom, Inc. (Semiconductors & Equip.) | 11,825 | 5,638,633 | |
Cadence Design Systems, Inc. (Software) | (a) | 8,059 | 1,102,632 |
CDW Corp. (Electronic Equip., Instr. & Comp.) | 4,060 | 709,079 | |
Check Point Software Technologies Ltd. (Software) | (a) | 3,912 | 454,301 |
Cisco Systems, Inc. (Communications Equip.) | 122,049 | 6,468,597 | |
Cognizant Technology Solutions Corp. Class A (IT Svs.) | 15,275 | 1,057,947 | |
DocuSign, Inc. (Software) | (a) | 5,635 | 1,575,377 |
Fiserv, Inc. (IT Svs.) | (a) | 19,311 | 2,064,153 |
Intel Corp. (Semiconductors & Equip.) | 116,945 | 6,565,292 | |
Intuit, Inc. (Software) | 7,914 | 3,879,205 | |
KLA Corp. (Semiconductors & Equip.) | 4,439 | 1,439,168 | |
Lam Research Corp. (Semiconductors & Equip.) | 4,130 | 2,687,391 | |
Marvell Technology, Inc. (Semiconductors & Equip.) | 23,727 | 1,383,996 | |
Maxim Integrated Products, Inc. (Semiconductors & Equip.) | 7,773 | 818,963 | |
Microchip Technology, Inc. (Semiconductors & Equip.) | 7,922 | 1,186,240 | |
Micron Technology, Inc. (Semiconductors & Equip.) | (a) | 32,477 | 2,759,896 |
Microsoft Corp. (Software) | 143,340 | 38,830,806 | |
NVIDIA Corp. (Semiconductors & Equip.) | 18,043 | 14,436,204 | |
NXP Semiconductors N.V. (Semiconductors & Equip.) | 7,986 | 1,642,880 | |
Okta, Inc. (IT Svs.) | (a) | 3,622 | 886,231 |
Paychex, Inc. (IT Svs.) | 10,437 | 1,119,890 | |
PayPal Holdings, Inc. (IT Svs.) | (a) | 34,021 | 9,916,441 |
Ohio National Fund, Inc. | ON Nasdaq-100® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
QUALCOMM, Inc. (Semiconductors & Equip.) | 32,668 | $ 4,669,237 | |
Skyworks Solutions, Inc. (Semiconductors & Equip.) | 4,781 | 916,757 | |
Splunk, Inc. (Software) | (a) | 4,747 | 686,321 |
Synopsys, Inc. (Software) | (a) | 4,419 | 1,218,716 |
Texas Instruments, Inc. (Semiconductors & Equip.) | 26,746 | 5,143,256 | |
VeriSign, Inc. (IT Svs.) | (a) | 3,258 | 741,814 |
Workday, Inc. Class A (Software) | (a) | 5,474 | 1,306,863 |
Xilinx, Inc. (Semiconductors & Equip.) | 7,120 | 1,029,837 | |
Zoom Video Communications, Inc. Class A (Software) | (a) | 6,843 | 2,648,446 |
193,284,011 |
Common Stocks (Continued) | Shares | Value | |
Utilities–0.9% | |||
American Electric Power Co., Inc. (Electric Utilities) | 14,474 | $ 1,224,356 | |
Exelon Corp. (Electric Utilities) | 28,301 | 1,254,017 | |
Xcel Energy, Inc. (Electric Utilities) | 15,588 | 1,026,937 | |
3,505,310 | |||
Total Common Stocks (Cost $205,867,814) | $395,504,827 | ||
Total Investments – 100.3% (Cost $205,867,814) | (b) | $395,504,827 | |
Liabilities in Excess of Other Assets – (0.3)% | (c) | (1,169,652) | |
Net Assets – 100.0% | $394,335,175 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
ADR: | American Depositary Receipts |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(c) | Includes $224,000 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini Nasdaq-100 Index - Long | 14 | September 17, 2021 | $4,047,929 | $4,073,720 | $25,791 | $(12,843) |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Core Portfolio (Unaudited) |
Average Annual returns | |
One year | 39.40% |
Five years | 15.84% |
Ten years | 13.37% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Core Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 99.6 |
Money Market Funds Less Net Liabilities | 0.4 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Apple, Inc. | 6.1 |
2. | Microsoft Corp. | 4.5 |
3. | Alphabet, Inc. Class A | 3.1 |
4. | Amazon.com, Inc. | 3.0 |
5. | Johnson & Johnson | 2.3 |
6. | Alphabet, Inc. Class C | 2.0 |
7. | Adobe, Inc. | 1.8 |
8. | Facebook, Inc. Class A | 1.7 |
9. | Visa, Inc. | 1.6 |
10. | Costco Wholesale Corp. | 1.6 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Information Technology | 27.8 |
Health Care | 12.4 |
Financials | 11.8 |
Consumer Discretionary | 11.7 |
Communication Services | 10.8 |
Industrials | 9.0 |
Consumer Staples | 5.5 |
Energy | 3.3 |
Utilities | 2.9 |
Real Estate | 2.2 |
Materials | 2.2 |
99.6 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Core Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–99.6% | Shares | Value | |
Communication Services–10.8% | |||
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 5,510 | $ 13,454,263 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 3,373 | 8,453,817 |
AT&T, Inc. (Diversified Telecom. Svs.) | 92,360 | 2,658,121 | |
Comcast Corp. Class A (Media) | 60,482 | 3,448,684 | |
Discovery, Inc. Class A (Media) | (a) | 27,253 | 836,122 |
Discovery, Inc. Class C (Media) | (a) | 3,785 | 109,689 |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 21,168 | 7,360,325 |
Live Nation Entertainment, Inc. (Entertainment) | (a) | 13,088 | 1,146,378 |
Roku, Inc. (Entertainment) | (a) | 306 | 140,530 |
Sirius XM Holdings, Inc. (Media) | 207,853 | 1,359,359 | |
Spotify Technology SA (Entertainment) | (a) | 2,924 | 805,825 |
Twitter, Inc. (Interactive Media & Svs.) | (a) | 14,461 | 995,061 |
United States Cellular Corp. (Wireless Telecom. Svs.) | (a) | 6,118 | 222,145 |
Vimeo, Inc. (Interactive Media & Svs.) | (a) | 2,378 | 116,522 |
Walt Disney Co. / The (Entertainment) | (a) | 25,029 | 4,399,347 |
Zynga, Inc. Class A (Entertainment) | (a) | 85,020 | 903,763 |
46,409,951 | |||
Consumer Discretionary–11.7% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 3,748 | 12,893,720 |
Aramark (Hotels, Restaurants & Leisure) | 9,496 | 353,726 | |
Booking Holdings, Inc. (Internet & Direct Marketing Retail) | (a) | 97 | 212,245 |
BorgWarner, Inc. (Auto Components) | 99,997 | 4,853,854 | |
Bright Horizons Family Solutions, Inc. (Diversified Consumer Svs.) | (a) | 510 | 75,026 |
Genuine Parts Co. (Distributors) | 21,104 | 2,669,023 | |
Home Depot, Inc. / The (Specialty Retail) | 12,102 | 3,859,207 | |
International Game Technology PLC (Hotels, Restaurants & Leisure) | (a) | 22,740 | 544,850 |
iRobot Corp. (Household Durables) | (a) | 1,196 | 111,694 |
Levi Strauss & Co. Class A (Textiles, Apparel & Luxury Goods) | 5,523 | 153,098 | |
Lowe's Cos., Inc. (Specialty Retail) | 10,447 | 2,026,405 | |
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | (a) | 1,044 | 166,309 |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 15,840 | 3,658,882 | |
NIKE, Inc. Class B (Textiles, Apparel & Luxury Goods) | 9,400 | 1,452,206 | |
Shake Shack, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 6,167 | 659,992 |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 36,955 | 1,599,412 |
Target Corp. (Multiline Retail) | 19,982 | 4,830,449 | |
Terminix Global Holdings, Inc. (Diversified Consumer Svs.) | (a) | 27,333 | 1,304,057 |
Tesla, Inc. (Automobiles) | (a) | 8,006 | 5,441,678 |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 15,988 | 1,155,773 | |
Wynn Resorts Ltd. (Hotels, Restaurants & Leisure) | (a) | 21,298 | 2,604,745 |
50,626,351 | |||
Consumer Staples–5.5% | |||
Bunge Ltd. (Food Products) | 3,728 | 291,343 | |
Coca-Cola Co. / The (Beverages) | 7,509 | 406,312 | |
Colgate-Palmolive Co. (Household Products) | 29,334 | 2,386,321 | |
Conagra Brands, Inc. (Food Products) | 3,362 | 122,310 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 17,366 | 6,871,205 | |
Estee Lauder Cos., Inc. / The Class A (Personal Products) | 7,911 | 2,516,331 | |
Hershey Co. / The (Food Products) | 15,494 | 2,698,745 |
Common Stocks (Continued) | Shares | Value | |
Consumer Staples (continued) | |||
Kellogg Co. (Food Products) | 17,121 | $ 1,101,394 | |
PepsiCo, Inc. (Beverages) | 29,779 | 4,412,354 | |
Procter & Gamble Co. / The (Household Products) | 22,910 | 3,091,246 | |
23,897,561 | |||
Energy–3.3% | |||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 14,846 | 154,250 | |
ChampionX Corp. (Energy Equip. & Svs.) | (a) | 5,037 | 129,199 |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 31,266 | 3,274,801 | |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 6,455 | 188,421 | |
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 16,588 | 1,384,103 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 28,608 | 2,498,050 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 116,718 | 2,127,769 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 29,800 | 2,557,436 | |
Schlumberger N.V. (Energy Equip. & Svs.) | 66,163 | 2,117,878 | |
14,431,907 | |||
Financials–11.8% | |||
Ally Financial, Inc. (Consumer Finance) | 86,535 | 4,312,904 | |
American Express Co. (Consumer Finance) | 31,452 | 5,196,814 | |
Bank of Hawaii Corp. (Banks) | 819 | 68,976 | |
Berkshire Hathaway, Inc. Class B (Diversified Financial Svs.) | (a) | 8,546 | 2,375,104 |
Charles Schwab Corp. / The (Capital Markets) | 27,628 | 2,011,595 | |
Citigroup, Inc. (Banks) | 33,686 | 2,383,285 | |
CME Group, Inc. (Capital Markets) | 9,491 | 2,018,546 | |
Essent Group Ltd. (Thrifts & Mortgage Finance) | 923 | 41,489 | |
First Republic Bank (Banks) | 1,974 | 369,474 | |
JPMorgan Chase & Co. (Banks) | 21,922 | 3,409,748 | |
Marsh & McLennan Cos., Inc. (Insurance) | 30,559 | 4,299,040 | |
MetLife, Inc. (Insurance) | 87,799 | 5,254,770 | |
Morgan Stanley (Capital Markets) | 71,725 | 6,576,465 | |
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 108,304 | 1,193,510 | |
Progressive Corp. / The (Insurance) | 20,737 | 2,036,581 | |
Signature Bank (Banks) | 1,891 | 464,524 | |
Stifel Financial Corp. (Capital Markets) | 3,983 | 258,337 | |
Travelers Cos., Inc. / The (Insurance) | 13,833 | 2,070,938 | |
Truist Financial Corp. (Banks) | 36,500 | 2,025,750 | |
Voya Financial, Inc. (Diversified Financial Svs.) | 44,279 | 2,723,158 | |
Wells Fargo & Co. (Banks) | 32,375 | 1,466,264 | |
Willis Towers Watson PLC (Insurance) | 1,529 | 351,701 | |
50,908,973 | |||
Health Care–12.4% | |||
AbbVie, Inc. (Biotechnology) | 1,512 | 170,312 | |
Agilent Technologies, Inc. (Life Sciences Tools & Svs.) | 6,225 | 920,117 | |
Alexion Pharmaceuticals, Inc. (Biotechnology) | (a) | 418 | 76,791 |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 3,636 | 2,221,596 |
AmerisourceBergen Corp. (Health Care Providers & Svs.) | 3,271 | 374,497 | |
Anthem, Inc. (Health Care Providers & Svs.) | 2,185 | 834,233 | |
BioMarin Pharmaceutical, Inc. (Biotechnology) | (a) | 11,706 | 976,749 |
Bio-Rad Laboratories, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 78 | 50,255 |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 66,271 | 4,428,228 | |
Bruker Corp. (Life Sciences Tools & Svs.) | 6,995 | 531,480 | |
Cerner Corp. (Health Care Technology) | 24,330 | 1,901,633 | |
Cigna Corp. (Health Care Providers & Svs.) | 1,428 | 338,536 | |
Danaher Corp. (Health Care Equip. & Supplies) | 19,126 | 5,132,653 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 10,714 | $ 4,574,878 |
Envista Holdings Corp. (Health Care Equip. & Supplies) | (a) | 3,559 | 153,784 |
Gilead Sciences, Inc. (Biotechnology) | 84,682 | 5,831,202 | |
Hill-Rom Holdings, Inc. (Health Care Equip. & Supplies) | 3,445 | 391,318 | |
Hologic, Inc. (Health Care Equip. & Supplies) | (a) | 3,184 | 212,436 |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 8,479 | 5,354,912 |
Johnson & Johnson (Pharmaceuticals) | 59,935 | 9,873,692 | |
McKesson Corp. (Health Care Providers & Svs.) | 13,002 | 2,486,502 | |
Pfizer, Inc. (Pharmaceuticals) | 33,329 | 1,305,164 | |
PPD, Inc. (Life Sciences Tools & Svs.) | (a) | 9,729 | 448,410 |
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Svs.) | 300 | 151,341 | |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 7,261 | 2,907,595 | |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 10,285 | 2,073,765 |
53,722,079 | |||
Industrials–9.0% | |||
Allegion PLC (Building Products) | 5,501 | 766,289 | |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 7,013 | 656,908 | |
Carrier Global Corp. (Building Products) | 17,686 | 859,540 | |
Caterpillar, Inc. (Machinery) | 11,896 | 2,588,926 | |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 14,845 | 1,957,016 |
Deere & Co. (Machinery) | 4,659 | 1,643,276 | |
Delta Air Lines, Inc. (Airlines) | (a) | 17,457 | 755,190 |
EMCOR Group, Inc. (Construction & Engineering) | 2,346 | 289,004 | |
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 39,239 | 4,967,657 | |
Honeywell International, Inc. (Industrial Conglomerates) | 24,131 | 5,293,135 | |
IAA, Inc. (Commercial Svs. & Supplies) | (a) | 25,246 | 1,376,917 |
IHS Markit Ltd. (Professional Svs.) | 4,420 | 497,957 | |
Landstar System, Inc. (Road & Rail) | 3,100 | 489,862 | |
Lockheed Martin Corp. (Aerospace & Defense) | 10,629 | 4,021,482 | |
Oshkosh Corp. (Machinery) | 75 | 9,348 | |
Otis Worldwide Corp. (Machinery) | 44,996 | 3,679,323 | |
Owens Corning (Building Products) | 1,564 | 153,116 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 3,205 | 1,506,991 | |
Ryder System, Inc. (Road & Rail) | 21,112 | 1,569,255 | |
Schneider National, Inc. Class B (Road & Rail) | 11,415 | 248,505 | |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 1,374 | 232,563 |
Southwest Airlines Co. (Airlines) | (a) | 7,499 | 398,122 |
Trane Technologies PLC (Building Products) | 26,338 | 4,849,879 | |
38,810,261 | |||
Information Technology–27.8% | |||
Accenture PLC Class A (IT Svs.) | 15,569 | 4,589,586 | |
Adobe, Inc. (Software) | (a) | 13,505 | 7,909,068 |
Advanced Micro Devices, Inc. (Semiconductors & Equip.) | (a) | 22,014 | 2,067,775 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 193,040 | 26,438,758 | |
Automatic Data Processing, Inc. (IT Svs.) | 14,589 | 2,897,667 | |
Dell Technologies, Inc. Class C (Tech. Hardware, Storage & Periph.) | (a) | 24,691 | 2,460,952 |
Fidelity National Information Services, Inc. (IT Svs.) | 9,470 | 1,341,615 | |
Fiserv, Inc. (IT Svs.) | (a) | 1,968 | 210,360 |
Flex Ltd. (Electronic Equip., Instr. & Comp.) | (a) | 102,692 | 1,835,106 |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Hewlett Packard Enterprise Co. (Tech. Hardware, Storage & Periph.) | 243,736 | $ 3,553,671 | |
HP, Inc. (Tech. Hardware, Storage & Periph.) | 28,451 | 858,936 | |
HubSpot, Inc. (Software) | (a) | 2,004 | 1,167,771 |
Intel Corp. (Semiconductors & Equip.) | 100,031 | 5,615,740 | |
Intuit, Inc. (Software) | 13,068 | 6,405,542 | |
Lam Research Corp. (Semiconductors & Equip.) | 1,715 | 1,115,950 | |
Mastercard, Inc. Class A (IT Svs.) | 9,501 | 3,468,720 | |
Microsoft Corp. (Software) | 71,341 | 19,326,277 | |
NVIDIA Corp. (Semiconductors & Equip.) | 4,690 | 3,752,469 | |
PayPal Holdings, Inc. (IT Svs.) | (a) | 15,963 | 4,652,895 |
PTC, Inc. (Software) | (a) | 5,251 | 741,756 |
QUALCOMM, Inc. (Semiconductors & Equip.) | 45,117 | 6,448,573 | |
salesforce.com, Inc. (Software) | (a) | 513 | 125,311 |
ServiceNow, Inc. (Software) | (a) | 1,155 | 634,730 |
Silicon Laboratories, Inc. (Semiconductors & Equip.) | (a) | 1,596 | 244,587 |
Splunk, Inc. (Software) | (a) | 3,401 | 491,717 |
UiPath, Inc. Class A (Software) | (a) | 5,285 | 359,010 |
Visa, Inc. (IT Svs.) | 29,919 | 6,995,661 | |
VMware, Inc. Class A (Software) | (a) | 10,450 | 1,671,686 |
Workday, Inc. Class A (Software) | (a) | 8,807 | 2,102,583 |
Xilinx, Inc. (Semiconductors & Equip.) | 2,910 | 420,902 | |
119,905,374 | |||
Materials–2.2% | |||
Crown Holdings, Inc. (Containers & Packaging) | 13,194 | 1,348,559 | |
Ecolab, Inc. (Chemicals) | 7,178 | 1,478,453 | |
Linde PLC (Chemicals) | 2,194 | 634,285 | |
PPG Industries, Inc. (Chemicals) | 24,513 | 4,161,572 | |
Reliance Steel & Aluminum Co. (Metals & Mining) | 11,183 | 1,687,515 | |
9,310,384 | |||
Real Estate–2.2% | |||
CBRE Group, Inc. Class A (Real Estate Mgmt. & Development) | (a) | 20,014 | 1,715,800 |
Equinix, Inc. (Equity REIT) | 3,520 | 2,825,152 | |
Prologis, Inc. (Equity REIT) | 40,931 | 4,892,483 | |
9,433,435 | |||
Utilities–2.9% | |||
Atmos Energy Corp. (Gas Utilities) | 3,731 | 358,586 | |
Brookfield Renewable Corp. Class A (Ind. Power & Renewable Elec.) | 8,017 | 336,233 | |
CMS Energy Corp. (Multi-Utilities) | 5,263 | 310,938 | |
Consolidated Edison, Inc. (Multi-Utilities) | 59,425 | 4,261,961 | |
DTE Energy Co. (Multi-Utilities) | 11,537 | 1,495,195 | |
Eversource Energy (Electric Utilities) | 41,602 | 3,338,145 | |
NextEra Energy, Inc. (Electric Utilities) | 14,645 | 1,073,186 | |
OGE Energy Corp. (Electric Utilities) | 28,069 | 944,522 | |
UGI Corp. (Gas Utilities) | 10,316 | 477,734 | |
12,596,500 | |||
Total Common Stocks (Cost $358,201,244) | $430,052,776 |
Money Market Funds–1.2% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 5,423,898 | $ 5,425,525 |
Total Money Market Funds (Cost $5,425,525) | $ 5,425,525 | ||
Total Investments – 100.8% (Cost $363,626,769) | (c) | $435,478,301 | |
Liabilities in Excess of Other Assets – (0.8)% | (d) | (3,631,650) | |
Net Assets – 100.0% | $431,846,651 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Core Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(d) | Includes $308,000 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini S&P 500 Index - Long | 28 | September 17, 2021 | $5,934,672 | $6,004,040 | $69,368 | $5,560 |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio (Unaudited) |
Average Annual returns | |
One year | 51.85% |
Five years | 20.13% |
Ten years | 12.80% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 99.0 |
Rights (4) | 0.0 |
Money Market Funds and Other Net Assets | 1.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Silicon Laboratories, Inc. | 1.7 |
2. | Crocs, Inc. | 1.4 |
3. | EMCOR Group, Inc. | 1.3 |
4. | Werner Enterprises, Inc. | 1.2 |
5. | Varonis Systems, Inc. | 1.1 |
6. | SiteOne Landscape Supply, Inc. | 1.1 |
7. | Power Integrations, Inc. | 1.1 |
8. | American Eagle Outfitters, Inc. | 1.0 |
9. | Lattice Semiconductor Corp. | 1.0 |
10. | Maximus, Inc. | 0.9 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks, Rights): |
% of Net Assets | |
Health Care | 29.5 |
Information Technology | 22.2 |
Consumer Discretionary | 15.8 |
Industrials | 14.1 |
Financials | 4.4 |
Communication Services | 3.3 |
Consumer Staples | 2.4 |
Materials | 2.4 |
Energy | 2.2 |
Real Estate | 2.0 |
Utilities | 0.7 |
99.0 |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–99.0% | Shares | Value | |
Communication Services–3.3% | |||
Bandwidth, Inc. Class A (Diversified Telecom. Svs.) | (a) | 4,660 | $ 642,707 |
Cardlytics, Inc. (Media) | (a) | 10,005 | 1,269,935 |
Cargurus, Inc. (Interactive Media & Svs.) | (a) | 3,519 | 92,303 |
Cinemark Holdings, Inc. (Entertainment) | (a) | 62,135 | 1,363,863 |
Eventbrite, Inc. Class A (Interactive Media & Svs.) | (a) | 9,898 | 188,062 |
EverQuote, Inc. Class A (Interactive Media & Svs.) | (a) | 3,933 | 128,531 |
fuboTV, Inc. (Interactive Media & Svs.) | (a) | 22,799 | 732,076 |
Globalstar, Inc. (Diversified Telecom. Svs.) | (a) | 134,687 | 239,743 |
IDT Corp. Class B (Diversified Telecom. Svs.) | (a) | 8,567 | 316,636 |
Magnite, Inc. (Media) | (a) | 17,073 | 577,750 |
Ooma, Inc. (Diversified Telecom. Svs.) | (a) | 7,140 | 134,661 |
Sinclair Broadcast Group, Inc. Class A (Media) | 27,258 | 905,511 | |
Yelp, Inc. (Interactive Media & Svs.) | (a) | 3,270 | 130,669 |
6,722,447 | |||
Consumer Discretionary–15.8% | |||
1-800-Flowers.com, Inc. Class A (Internet & Direct Marketing Retail) | (a) | 18,265 | 582,106 |
2U, Inc. (Diversified Consumer Svs.) | (a) | 12,212 | 508,874 |
Accel Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 32,387 | 384,434 |
American Eagle Outfitters, Inc. (Specialty Retail) | 54,634 | 2,050,414 | |
America's Car-Mart, Inc. (Specialty Retail) | (a) | 956 | 135,484 |
Asbury Automotive Group, Inc. (Specialty Retail) | (a) | 300 | 51,411 |
Bloomin' Brands, Inc. (Hotels, Restaurants & Leisure) | (a) | 1,138 | 30,885 |
Brinker International, Inc. (Hotels, Restaurants & Leisure) | (a) | 2,675 | 165,449 |
Camping World Holdings, Inc. Class A (Specialty Retail) | 11,927 | 488,888 | |
Casper Sleep, Inc. (Household Durables) | (a) | 12,943 | 106,650 |
Cheesecake Factory, Inc. / The (Hotels, Restaurants & Leisure) | (a) | 6,321 | 342,472 |
Crocs, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 25,281 | 2,945,742 |
Dana, Inc. (Auto Components) | 4,908 | 116,614 | |
Dave & Buster's Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 2,675 | 108,605 |
Designer Brands, Inc. Class A (Specialty Retail) | (a) | 7,040 | 116,512 |
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | (a) | 4,862 | 433,934 |
Fox Factory Holding Corp. (Auto Components) | (a) | 5,638 | 877,611 |
Goodyear Tire & Rubber Co. / The (Auto Components) | (a) | 34,328 | 588,725 |
GoPro, Inc. Class A (Household Durables) | (a) | 27,537 | 320,806 |
Green Brick Partners, Inc. (Household Durables) | (a) | 5,358 | 121,841 |
Group 1 Automotive, Inc. (Specialty Retail) | 861 | 132,964 | |
Hibbett, Inc. (Specialty Retail) | 4,103 | 367,752 | |
International Game Technology PLC (Hotels, Restaurants & Leisure) | (a) | 71,182 | 1,705,521 |
iRobot Corp. (Household Durables) | (a) | 15,572 | 1,454,269 |
KB Home (Household Durables) | 4,391 | 178,802 | |
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 3,782 | 213,343 | |
Latham Group, Inc. (Leisure Products) | (a) | 12,074 | 385,885 |
LCI Industries (Auto Components) | 9,825 | 1,291,202 | |
LGI Homes, Inc. (Household Durables) | (a) | 3,370 | 545,738 |
Lithia Motors, Inc. Class A (Specialty Retail) | 1,334 | 458,416 | |
Lovesac Co. / The (Household Durables) | (a) | 3,755 | 299,612 |
M.D.C. Holdings, Inc. (Household Durables) | 28,402 | 1,437,141 | |
Malibu Boats, Inc. Class A (Leisure Products) | (a) | 8,812 | 646,184 |
MarineMax, Inc. (Specialty Retail) | (a) | 5,284 | 257,542 |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
McGrath RentCorp (Commercial Svs. & Supplies) | 1,304 | $ 106,367 | |
National Vision Holdings, Inc. (Specialty Retail) | (a) | 10,888 | 556,703 |
Overstock.com, Inc. (Internet & Direct Marketing Retail) | (a) | 12,330 | 1,136,826 |
Patrick Industries, Inc. (Auto Components) | 4,654 | 339,742 | |
RealReal, Inc. / The (Internet & Direct Marketing Retail) | (a) | 6,360 | 125,674 |
Rent-A-Center, Inc. (Specialty Retail) | 11,836 | 628,137 | |
Rush Street Interactive, Inc. (Hotels, Restaurants & Leisure) | (a) | 23,690 | 290,439 |
Scientific Games Corp. (Hotels, Restaurants & Leisure) | (a) | 4,782 | 370,318 |
SeaWorld Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 20,153 | 1,006,441 |
Shake Shack, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 17,616 | 1,885,264 |
Shutterstock, Inc. (Internet & Direct Marketing Retail) | 1,573 | 154,421 | |
Signet Jewelers Ltd. (Specialty Retail) | (a) | 3,213 | 259,578 |
Sleep Number Corp. (Specialty Retail) | (a) | 2,639 | 290,158 |
Sonic Automotive, Inc. Class A (Specialty Retail) | 4,780 | 213,857 | |
Sonos, Inc. (Household Durables) | (a) | 32,613 | 1,148,956 |
Stamps.com, Inc. (Internet & Direct Marketing Retail) | (a) | 3,079 | 616,693 |
Steven Madden Ltd. (Textiles, Apparel & Luxury Goods) | 7,155 | 313,103 | |
Stitch Fix, Inc. Class A (Internet & Direct Marketing Retail) | (a) | 9,194 | 554,398 |
Universal Electronics, Inc. (Household Durables) | (a) | 2,066 | 100,201 |
Urban Outfitters, Inc. (Specialty Retail) | (a) | 17,937 | 739,363 |
Visteon Corp. (Auto Components) | (a) | 3,776 | 456,669 |
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 7,986 | 1,258,833 | |
Winnebago Industries, Inc. (Automobiles) | 3,065 | 208,297 | |
32,612,266 | |||
Consumer Staples–2.4% | |||
Andersons, Inc. / The (Food & Staples Retailing) | 12,669 | 386,785 | |
BJ's Wholesale Club Holdings, Inc. (Food & Staples Retailing) | (a) | 6,181 | 294,092 |
Central Garden & Pet Co. Class A (Household Products) | (a) | 9,778 | 472,277 |
Freshpet, Inc. (Food Products) | (a) | 3,597 | 586,167 |
Hostess Brands, Inc. (Food Products) | (a) | 28,454 | 460,670 |
Medifast, Inc. (Personal Products) | 1,743 | 493,234 | |
Mission Produce, Inc. (Food Products) | (a) | 5,482 | 113,532 |
Nu Skin Enterprises, Inc. Class A (Personal Products) | 2,906 | 164,625 | |
Performance Food Group Co. (Food & Staples Retailing) | (a) | 23,167 | 1,123,368 |
PriceSmart, Inc. (Food & Staples Retailing) | 3,416 | 310,890 | |
Turning Point Brands, Inc. (Tobacco) | 2,845 | 130,216 | |
USANA Health Sciences, Inc. (Personal Products) | (a) | 907 | 92,904 |
Vital Farms, Inc. (Food Products) | (a) | 20,905 | 417,264 |
5,046,024 | |||
Energy–2.2% | |||
Antero Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 33,758 | 507,383 |
Callon Petroleum Co. (Oil, Gas & Consumable Fuels) | (a) | 5,129 | 295,892 |
Centennial Resource Development, Inc. Class A (Oil, Gas & Consumable Fuels) | (a) | 23,038 | 156,198 |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Energy (continued) | |||
ChampionX Corp. (Energy Equip. & Svs.) | (a) | 25,756 | $ 660,641 |
Clean Energy Fuels Corp. (Oil, Gas & Consumable Fuels) | (a) | 18,647 | 189,267 |
Delek U.S. Holdings, Inc. (Oil, Gas & Consumable Fuels) | 18,474 | 399,408 | |
Evolution Petroleum Corp. (Oil, Gas & Consumable Fuels) | 31,209 | 154,797 | |
Extraction Oil & Gas, Inc. (Oil, Gas & Consumable Fuels) | (a) | 3,420 | 187,792 |
Matador Resources Co. (Oil, Gas & Consumable Fuels) | 11,549 | 415,880 | |
Oasis Petroleum, Inc. (Oil, Gas & Consumable Fuels) | 2,535 | 254,894 | |
PBF Energy, Inc. Class A (Oil, Gas & Consumable Fuels) | (a) | 11,573 | 177,067 |
ProPetro Holding Corp. (Energy Equip. & Svs.) | (a) | 15,350 | 140,606 |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 3,363 | 82,831 | |
Smart Sand, Inc. (Energy Equip. & Svs.) | (a) | 47,289 | 157,472 |
Tellurian, Inc. (Oil, Gas & Consumable Fuels) | (a) | 38,977 | 181,243 |
Vertex Energy, Inc. (Oil, Gas & Consumable Fuels) | (a) | 13,558 | 179,372 |
W&T Offshore, Inc. (Oil, Gas & Consumable Fuels) | (a) | 74,525 | 361,446 |
4,502,189 | |||
Financials–4.4% | |||
Artisan Partners Asset Management, Inc. Class A (Capital Markets) | 11,808 | 600,082 | |
AssetMark Financial Holdings, Inc. (Capital Markets) | (a) | 7,916 | 198,375 |
BankFinancial Corp. (Banks) | 5,622 | 64,316 | |
Cohen & Steers, Inc. (Capital Markets) | 11,240 | 922,692 | |
eHealth, Inc. (Insurance) | (a) | 4,615 | 269,516 |
Essent Group Ltd. (Thrifts & Mortgage Finance) | 2,101 | 94,440 | |
First Interstate BancSystem, Inc. Class A (Banks) | 6,490 | 271,477 | |
First Savings Financial Group, Inc. (Banks) | 2,205 | 161,318 | |
Hamilton Lane, Inc. Class A (Capital Markets) | 16,609 | 1,513,412 | |
Houlihan Lokey, Inc. (Capital Markets) | 6,849 | 560,180 | |
Live Oak Bancshares, Inc. (Banks) | 1,877 | 110,743 | |
Open Lending Corp. Class A (Capital Markets) | (a) | 3,241 | 139,655 |
PROG Holdings, Inc. (Consumer Finance) | 15,974 | 768,829 | |
Republic First Bancorp, Inc. (Banks) | (a) | 79,803 | 318,414 |
Silvergate Capital Corp. Class A (Banks) | (a) | 1,744 | 197,630 |
Stifel Financial Corp. (Capital Markets) | 15,089 | 978,672 | |
Texas Capital Bancshares, Inc. (Banks) | (a) | 3,630 | 230,469 |
Trupanion, Inc. (Insurance) | (a) | 12,266 | 1,411,816 |
Virtus Investment Partners, Inc. (Capital Markets) | 568 | 157,773 | |
Walker & Dunlop, Inc. (Thrifts & Mortgage Finance) | 1,132 | 118,158 | |
9,087,967 | |||
Health Care–29.5% | |||
1Life Healthcare, Inc. (Health Care Providers & Svs.) | (a) | 25,769 | 851,923 |
ACADIA Pharmaceuticals, Inc. (Biotechnology) | (a) | 4,833 | 117,877 |
Accuray, Inc. (Health Care Equip. & Supplies) | (a) | 41,890 | 189,343 |
Aclaris Therapeutics, Inc. (Pharmaceuticals) | (a) | 7,879 | 138,355 |
Agenus, Inc. (Biotechnology) | (a) | 65,236 | 358,146 |
Alector, Inc. (Biotechnology) | (a) | 14,507 | 302,181 |
Alkermes PLC (Biotechnology) | (a) | 9,301 | 228,061 |
Allakos, Inc. (Biotechnology) | (a) | 1,859 | 158,703 |
Allogene Therapeutics, Inc. (Biotechnology) | (a) | 18,877 | 492,312 |
Alphatec Holdings, Inc. (Health Care Equip. & Supplies) | (a) | 7,532 | 115,390 |
ALX Oncology Holdings, Inc. (Biotechnology) | (a) | 1,291 | 70,592 |
Amarin Corp. PLC – ADR (Biotechnology) | (a) | 17,101 | 74,902 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Amicus Therapeutics, Inc. (Biotechnology) | (a) | 34,993 | $ 337,333 |
AMN Healthcare Services, Inc. (Health Care Providers & Svs.) | (a) | 10,066 | 976,201 |
Amphastar Pharmaceuticals, Inc. (Pharmaceuticals) | (a) | 31,645 | 637,963 |
Apellis Pharmaceuticals, Inc. (Biotechnology) | (a) | 4,777 | 301,906 |
Aptinyx, Inc. (Biotechnology) | (a) | 28,141 | 79,639 |
Arcutis Biotherapeutics, Inc. (Biotechnology) | (a) | 5,941 | 162,130 |
Arena Pharmaceuticals, Inc. (Biotechnology) | (a) | 1,958 | 133,536 |
Arrowhead Pharmaceuticals, Inc. (Biotechnology) | (a) | 10,032 | 830,850 |
Arvinas, Inc. (Pharmaceuticals) | (a) | 3,865 | 297,605 |
Atara Biotherapeutics, Inc. (Biotechnology) | (a) | 26,563 | 413,055 |
Athenex, Inc. (Biotechnology) | (a) | 11,735 | 54,216 |
Athersys, Inc. (Biotechnology) | (a) | 60,257 | 86,770 |
AtriCure, Inc. (Health Care Equip. & Supplies) | (a) | 7,974 | 632,577 |
Atrion Corp. (Health Care Equip. & Supplies) | 585 | 363,244 | |
Avidity Biosciences, Inc. (Biotechnology) | (a) | 5,306 | 131,111 |
Avrobio, Inc. (Biotechnology) | (a) | 9,661 | 85,886 |
Axonics, Inc. (Health Care Equip. & Supplies) | (a) | 4,579 | 290,354 |
Axsome Therapeutics, Inc. (Pharmaceuticals) | (a) | 3,760 | 253,650 |
Beam Therapeutics, Inc. (Biotechnology) | (a) | 3,253 | 418,694 |
Beyondspring, Inc. (Biotechnology) | (a) | 8,867 | 92,571 |
BioCryst Pharmaceuticals, Inc. (Biotechnology) | (a) | 20,774 | 328,437 |
BioDelivery Sciences International, Inc. (Pharmaceuticals) | (a) | 18,702 | 66,953 |
Biohaven Pharmaceutical Holding Co. Ltd. (Biotechnology) | (a) | 1,637 | 158,920 |
Bionano Genomics, Inc. (Life Sciences Tools & Svs.) | (a) | 24,308 | 178,178 |
Blueprint Medicines Corp. (Biotechnology) | (a) | 5,321 | 468,035 |
Bridgebio Pharma, Inc. (Biotechnology) | (a) | 17,646 | 1,075,700 |
C4 Therapeutics, Inc. (Biotechnology) | (a) | 6,485 | 245,392 |
Cardiovascular Systems, Inc. (Health Care Equip. & Supplies) | (a) | 15,260 | 650,839 |
CareDx, Inc. (Biotechnology) | (a) | 6,031 | 551,957 |
Cassava Sciences, Inc. (Pharmaceuticals) | (a) | 2,539 | 216,932 |
Castlight Health, Inc. Class B (Health Care Technology) | (a) | 30,696 | 80,730 |
Cerus Corp. (Health Care Equip. & Supplies) | (a) | 42,400 | 250,584 |
ChemoCentryx, Inc. (Biotechnology) | (a) | 6,226 | 83,366 |
Codexis, Inc. (Life Sciences Tools & Svs.) | (a) | 21,818 | 494,396 |
Coherus Biosciences, Inc. (Biotechnology) | (a) | 29,534 | 408,455 |
Collegium Pharmaceutical, Inc. (Pharmaceuticals) | (a) | 15,250 | 360,510 |
Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 7,252 | 111,971 |
CONMED Corp. (Health Care Equip. & Supplies) | 1,289 | 177,147 | |
Crinetics Pharmaceuticals, Inc. (Biotechnology) | (a) | 2,601 | 49,029 |
CryoPort, Inc. (Health Care Equip. & Supplies) | (a) | 1,869 | 117,934 |
Cue Biopharma, Inc. (Biotechnology) | (a) | 9,963 | 116,069 |
Deciphera Pharmaceuticals, Inc. (Biotechnology) | (a) | 9,562 | 350,065 |
Denali Therapeutics, Inc. (Biotechnology) | (a) | 11,900 | 933,436 |
Doximity, Inc. Class A (Health Care Technology) | (a) | 2,730 | 158,886 |
Dynavax Technologies Corp. (Biotechnology) | (a) | 19,408 | 191,169 |
Editas Medicine, Inc. (Biotechnology) | (a) | 9,873 | 559,207 |
Enanta Pharmaceuticals, Inc. (Biotechnology) | (a) | 8,707 | 383,195 |
Ensign Group, Inc. / The (Health Care Providers & Svs.) | 3,366 | 291,731 | |
Epizyme, Inc. (Biotechnology) | (a) | 9,867 | 81,995 |
Fate Therapeutics, Inc. (Biotechnology) | (a) | 8,612 | 747,435 |
FibroGen, Inc. (Biotechnology) | (a) | 18,261 | 486,290 |
Flexion Therapeutics, Inc. (Biotechnology) | (a) | 22,917 | 188,607 |
Foghorn Therapeutics, Inc. (Biotechnology) | (a) | 8,256 | 88,092 |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Frequency Therapeutics, Inc. (Biotechnology) | (a) | 11,635 | $ 115,885 |
Globus Medical, Inc. Class A (Health Care Equip. & Supplies) | (a) | 6,646 | 515,264 |
Haemonetics Corp. (Health Care Equip. & Supplies) | (a) | 6,686 | 445,555 |
Halozyme Therapeutics, Inc. (Biotechnology) | (a) | 22,589 | 1,025,766 |
Hanger, Inc. (Health Care Providers & Svs.) | (a) | 15,100 | 381,728 |
Harmony Biosciences Holdings, Inc. (Pharmaceuticals) | (a) | 5,031 | 142,025 |
Harpoon Therapeutics, Inc. (Biotechnology) | (a) | 9,978 | 138,395 |
Health Catalyst, Inc. (Health Care Technology) | (a) | 2,143 | 118,958 |
Heron Therapeutics, Inc. (Biotechnology) | (a) | 23,380 | 362,858 |
Heska Corp. (Health Care Equip. & Supplies) | (a) | 3,015 | 692,636 |
Inogen, Inc. (Health Care Equip. & Supplies) | (a) | 5,863 | 382,092 |
Inovalon Holdings, Inc. Class A (Health Care Technology) | (a) | 25,127 | 856,328 |
Insmed, Inc. (Biotechnology) | (a) | 25,597 | 728,491 |
Inspire Medical Systems, Inc. (Health Care Technology) | (a) | 4,369 | 844,353 |
Intellia Therapeutics, Inc. (Biotechnology) | (a) | 6,238 | 1,009,995 |
Intercept Pharmaceuticals, Inc. (Biotechnology) | (a) | 6,783 | 135,457 |
Intersect ENT, Inc. (Health Care Equip. & Supplies) | (a) | 19,785 | 338,126 |
Invitae Corp. (Biotechnology) | (a) | 17,449 | 588,555 |
Karuna Therapeutics, Inc. (Biotechnology) | (a) | 607 | 69,192 |
Karyopharm Therapeutics, Inc. (Biotechnology) | (a) | 49,566 | 511,521 |
Kiniksa Pharmaceuticals Ltd. Class A (Biotechnology) | (a) | 6,430 | 89,570 |
Kodiak Sciences, Inc. (Biotechnology) | (a) | 2,609 | 242,637 |
Kymera Therapeutics, Inc. (Biotechnology) | (a) | 2,848 | 138,128 |
LeMaitre Vascular, Inc. (Health Care Equip. & Supplies) | 2,251 | 137,356 | |
LHC Group, Inc. (Health Care Providers & Svs.) | (a) | 2,431 | 486,832 |
LivaNova PLC (Health Care Equip. & Supplies) | (a) | 1,212 | 101,941 |
Luminex Corp. (Life Sciences Tools & Svs.) | 9,326 | 343,197 | |
MacroGenics, Inc. (Biotechnology) | (a) | 6,624 | 177,921 |
MannKind Corp. (Biotechnology) | (a) | 55,270 | 301,221 |
Medpace Holdings, Inc. (Life Sciences Tools & Svs.) | (a) | 6,099 | 1,077,266 |
Mesa Laboratories, Inc. (Health Care Equip. & Supplies) | 1,911 | 518,206 | |
Mirum Pharmaceuticals, Inc. (Biotechnology) | (a) | 7,949 | 137,438 |
NanoString Technologies, Inc. (Life Sciences Tools & Svs.) | (a) | 11,212 | 726,425 |
Natera, Inc. (Biotechnology) | (a) | 3,430 | 389,408 |
Neogen Corp. (Health Care Equip. & Supplies) | (a) | 19,800 | 911,592 |
NeoGenomics, Inc. (Life Sciences Tools & Svs.) | (a) | 23,719 | 1,071,387 |
Neoleukin Therapeutics, Inc. (Biotechnology) | (a) | 9,004 | 83,107 |
Nevro Corp. (Health Care Equip. & Supplies) | (a) | 11,399 | 1,889,840 |
NextCure, Inc. (Biotechnology) | (a) | 8,883 | 71,330 |
NuVasive, Inc. (Health Care Equip. & Supplies) | (a) | 5,319 | 360,522 |
Ocugen, Inc. (Biotechnology) | (a) | 25,833 | 207,439 |
Omeros Corp. (Pharmaceuticals) | (a) | 10,024 | 148,756 |
Omnicell, Inc. (Health Care Technology) | (a) | 12,497 | 1,892,671 |
OraSure Technologies, Inc. (Health Care Equip. & Supplies) | (a) | 27,318 | 277,005 |
Organogenesis Holdings, Inc. (Biotechnology) | (a) | 6,159 | 102,363 |
Oyster Point Pharma, Inc. (Biotechnology) | (a) | 9,003 | 154,762 |
Pacific Biosciences of California, Inc. (Life Sciences Tools & Svs.) | (a) | 20,565 | 719,158 |
Passage Bio, Inc. (Biotechnology) | (a) | 8,622 | 114,155 |
Patterson Cos., Inc. (Health Care Providers & Svs.) | 25,548 | 776,404 | |
Personalis, Inc. (Life Sciences Tools & Svs.) | (a) | 12,973 | 328,217 |
PetIQ, Inc. (Health Care Providers & Svs.) | (a) | 15,371 | 593,321 |
Phreesia, Inc. (Health Care Technology) | (a) | 11,187 | 685,763 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Poseida Therapeutics, Inc. (Biotechnology) | (a) | 3,813 | $ 38,206 |
Precision BioSciences, Inc. (Biotechnology) | (a) | 17,540 | 219,601 |
Privia Health Group, Inc. (Health Care Providers & Svs.) | (a) | 5,586 | 247,851 |
Progyny, Inc. (Health Care Providers & Svs.) | (a) | 13,118 | 773,962 |
PTC Therapeutics, Inc. (Biotechnology) | (a) | 13,616 | 575,548 |
Puma Biotechnology, Inc. (Biotechnology) | (a) | 19,032 | 174,714 |
R1 RCM, Inc. (Health Care Providers & Svs.) | (a) | 15,862 | 352,771 |
Radius Health, Inc. (Biotechnology) | (a) | 13,550 | 247,152 |
Reata Pharmaceuticals, Inc. Class A (Pharmaceuticals) | (a) | 1,183 | 167,430 |
REGENXBIO, Inc. (Biotechnology) | (a) | 7,468 | 290,132 |
Relay Therapeutics, Inc. (Biotechnology) | (a) | 7,946 | 290,744 |
Relmada Therapeutics, Inc. (Pharmaceuticals) | (a) | 5,208 | 166,708 |
Repligen Corp. (Life Sciences Tools & Svs.) | (a) | 1,605 | 320,390 |
Revance Therapeutics, Inc. (Pharmaceuticals) | (a) | 8,096 | 239,965 |
REVOLUTION Medicines, Inc. (Biotechnology) | (a) | 7,851 | 249,191 |
Rigel Pharmaceuticals, Inc. (Biotechnology) | (a) | 88,669 | 384,823 |
Rocket Pharmaceuticals, Inc. (Biotechnology) | (a) | 2,755 | 122,019 |
Schrodinger, Inc. (Health Care Technology) | (a) | 1,050 | 79,391 |
Seer, Inc. (Life Sciences Tools & Svs.) | (a) | 2,905 | 95,226 |
Select Medical Holdings Corp. (Health Care Providers & Svs.) | 19,186 | 810,800 | |
Seres Therapeutics, Inc. (Biotechnology) | (a) | 16,907 | 403,232 |
Shockwave Medical, Inc. (Health Care Equip. & Supplies) | (a) | 8,350 | 1,584,245 |
Silk Road Medical, Inc. (Health Care Equip. & Supplies) | (a) | 4,376 | 209,435 |
Sorrento Therapeutics, Inc. (Biotechnology) | (a) | 45,196 | 437,949 |
Spectrum Pharmaceuticals, Inc. (Biotechnology) | (a) | 48,413 | 181,549 |
STAAR Surgical Co. (Health Care Equip. & Supplies) | (a) | 7,491 | 1,142,377 |
Sutro Biopharma, Inc. (Biotechnology) | (a) | 13,219 | 245,741 |
Tabula Rasa HealthCare, Inc. (Health Care Technology) | (a) | 2,724 | 136,200 |
Tactile Systems Technology, Inc. (Health Care Equip. & Supplies) | (a) | 6,291 | 327,132 |
Teladoc Health, Inc. (Health Care Technology) | (a) | 1,402 | 233,139 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 3,040 | 203,650 |
TG Therapeutics, Inc. (Biotechnology) | (a) | 10,704 | 415,208 |
Theravance Biopharma, Inc. (Pharmaceuticals) | (a) | 18,256 | 265,077 |
Tivity Health, Inc. (Health Care Providers & Svs.) | (a) | 4,013 | 105,582 |
Travere Therapeutics, Inc. (Biotechnology) | (a) | 11,769 | 171,710 |
Twist Bioscience Corp. (Biotechnology) | (a) | 6,873 | 915,827 |
U.S. Physical Therapy, Inc. (Health Care Providers & Svs.) | 1,985 | 230,002 | |
Ultragenyx Pharmaceutical, Inc. (Biotechnology) | (a) | 3,051 | 290,913 |
Veracyte, Inc. (Biotechnology) | (a) | 10,115 | 404,398 |
Vericel Corp. (Biotechnology) | (a) | 5,321 | 279,352 |
Verve Therapeutics, Inc. (Biotechnology) | (a) | 5,598 | 337,279 |
Viemed Healthcare, Inc. (Health Care Providers & Svs.) | (a) | 11,958 | 85,500 |
Vir Biotechnology, Inc. (Biotechnology) | (a) | 7,996 | 378,051 |
Vocera Communications, Inc. (Health Care Technology) | (a) | 11,240 | 447,914 |
Xencor, Inc. (Biotechnology) | (a) | 2,398 | 82,707 |
Y-mAbs Therapeutics, Inc. (Biotechnology) | (a) | 4,746 | 160,415 |
Zogenix, Inc. (Pharmaceuticals) | (a) | 30,976 | 535,265 |
Zynex, Inc. (Health Care Equip. & Supplies) | (a) | 4,338 | 67,369 |
61,111,078 | |||
Industrials–14.1% | |||
ABM Industries, Inc. (Commercial Svs. & Supplies) | 2,223 | 98,590 |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
Advanced Drainage Systems, Inc. (Building Products) | 3,443 | $ 401,350 | |
Aerojet Rocketdyne Holdings, Inc. (Aerospace & Defense) | 8,218 | 396,847 | |
Altra Industrial Motion Corp. (Machinery) | 4,205 | 273,409 | |
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 12,847 | 1,169,848 | |
ASGN, Inc. (Professional Svs.) | (a) | 10,254 | 993,920 |
Atkore, Inc. (Electrical Equip.) | (a) | 3,723 | 264,333 |
Bloom Energy Corp. Class A (Electrical Equip.) | (a) | 19,546 | 525,201 |
Brink's Co. / The (Commercial Svs. & Supplies) | 7,595 | 583,600 | |
Builders FirstSource, Inc. (Building Products) | (a) | 34,898 | 1,488,749 |
Chart Industries, Inc. (Machinery) | (a) | 2,139 | 312,978 |
Cimpress PLC (Commercial Svs. & Supplies) | (a) | 1,170 | 126,840 |
Cornerstone Building Brands, Inc. (Building Products) | (a) | 16,265 | 295,698 |
Echo Global Logistics, Inc. (Air Freight & Logistics) | (a) | 14,138 | 434,602 |
EMCOR Group, Inc. (Construction & Engineering) | 21,715 | 2,675,071 | |
Evoqua Water Technologies Corp. (Machinery) | (a) | 2,311 | 78,066 |
Federal Signal Corp. (Machinery) | 1,875 | 75,431 | |
Forrester Research, Inc. (Professional Svs.) | (a) | 4,676 | 214,161 |
Franklin Covey Co. (Professional Svs.) | (a) | 19,876 | 642,989 |
Franklin Electric Co., Inc. (Machinery) | 20,468 | 1,650,130 | |
FuelCell Energy, Inc. (Electrical Equip.) | (a) | 10,905 | 97,054 |
Herc Holdings, Inc. (Trading Companies & Distributors) | (a) | 1,285 | 144,010 |
Hub Group, Inc. Class A (Air Freight & Logistics) | (a) | 9,613 | 634,266 |
Insperity, Inc. (Professional Svs.) | 14,129 | 1,276,838 | |
JELD-WEN Holding, Inc. (Building Products) | (a) | 9,891 | 259,738 |
John Bean Technologies Corp. (Machinery) | 8,724 | 1,244,217 | |
Kforce, Inc. (Professional Svs.) | 20,358 | 1,281,129 | |
Kimball International, Inc. Class B (Commercial Svs. & Supplies) | 7,995 | 105,134 | |
MasTec, Inc. (Construction & Engineering) | (a) | 5,815 | 616,971 |
Nikola Corp. (Machinery) | (a) | 16,192 | 292,428 |
PAE, Inc. (Aerospace & Defense) | (a) | 19,445 | 173,060 |
Primoris Services Corp. (Construction & Engineering) | 3,504 | 103,123 | |
Proto Labs, Inc. (Machinery) | (a) | 3,538 | 324,788 |
Radiant Logistics, Inc. (Air Freight & Logistics) | (a) | 10,231 | 70,901 |
Resideo Technologies, Inc. (Building Products) | (a) | 4,628 | 138,840 |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 13,026 | 2,204,781 |
Spirit Airlines, Inc. (Airlines) | (a) | 10,883 | 331,278 |
Sunrun, Inc. (Electrical Equip.) | (a) | 2,295 | 128,015 |
Tetra Tech, Inc. (Commercial Svs. & Supplies) | 4,713 | 575,174 | |
TPI Composites, Inc. (Electrical Equip.) | (a) | 6,300 | 305,046 |
Trex Co., Inc. (Building Products) | (a) | 4,110 | 420,083 |
TriNet Group, Inc. (Professional Svs.) | (a) | 10,908 | 790,612 |
Upwork, Inc. (Professional Svs.) | (a) | 15,830 | 922,731 |
Welbilt, Inc. (Machinery) | (a) | 4,689 | 108,550 |
Werner Enterprises, Inc. (Road & Rail) | 56,682 | 2,523,483 | |
WESCO International, Inc. (Trading Companies & Distributors) | (a) | 1,305 | 134,180 |
WillScot Mobile Mini Holdings Corp. (Construction & Engineering) | (a) | 45,334 | 1,263,459 |
29,171,702 | |||
Information Technology–22.2% | |||
3D Systems Corp. (Tech. Hardware, Storage & Periph.) | (a) | 18,633 | 744,761 |
8x8, Inc. (Software) | (a) | 21,552 | 598,284 |
A10 Networks, Inc. (Software) | (a) | 19,882 | 223,871 |
ACI Worldwide, Inc. (Software) | (a) | 22,258 | 826,662 |
Alarm.com Holdings, Inc. (Software) | (a) | 7,198 | 609,671 |
Alkami Technology, Inc. (Software) | (a) | 965 | 34,422 |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Altair Engineering, Inc. Class A (Software) | (a) | 16,878 | $ 1,164,076 |
Ambarella, Inc. (Semiconductors & Equip.) | (a) | 4,999 | 533,043 |
Appian Corp. (Software) | (a) | 8,731 | 1,202,695 |
Asana, Inc. Class A (Software) | (a) | 2,098 | 130,139 |
Avaya Holdings Corp. (Software) | (a) | 5,169 | 139,046 |
Badger Meter, Inc. (Electronic Equip., Instr. & Comp.) | 2,230 | 218,808 | |
Blackline, Inc. (Software) | (a) | 8,337 | 927,658 |
Bottomline Technologies DE, Inc. (Software) | (a) | 15,966 | 592,019 |
Box, Inc. Class A (Software) | (a) | 61,426 | 1,569,434 |
Brooks Automation, Inc. (Semiconductors & Equip.) | 2,532 | 241,249 | |
Calix, Inc. (Communications Equip.) | (a) | 14,246 | 676,685 |
Cerence, Inc. (Software) | (a) | 4,338 | 462,908 |
CMC Materials, Inc. (Semiconductors & Equip.) | 4,179 | 629,942 | |
CommVault Systems, Inc. (Software) | (a) | 12,478 | 975,405 |
Cornerstone OnDemand, Inc. (Software) | (a) | 1,278 | 65,919 |
Corsair Gaming, Inc. (Tech. Hardware, Storage & Periph.) | (a) | 3,318 | 110,456 |
CSG Systems International, Inc. (IT Svs.) | 16,069 | 758,135 | |
Digital Turbine, Inc. (Software) | (a) | 5,770 | 438,693 |
DigitalOcean Holdings, Inc. (IT Svs.) | (a) | 2,569 | 142,811 |
Domo, Inc. Class B (Software) | (a) | 3,817 | 308,528 |
Envestnet, Inc. (Software) | (a) | 4,458 | 338,184 |
ePlus, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 6,243 | 541,206 |
Extreme Networks, Inc. (Communications Equip.) | (a) | 22,134 | 247,015 |
FARO Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 5,331 | 414,592 |
Grid Dynamics Holdings, Inc. (IT Svs.) | (a) | 21,761 | 327,068 |
Ichor Holdings Ltd. (Semiconductors & Equip.) | (a) | 12,609 | 678,364 |
II-VI, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 4,322 | 313,734 |
Insight Enterprises, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 2,888 | 288,829 |
International Money Express, Inc. (IT Svs.) | (a) | 6,445 | 95,708 |
Itron, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 5,944 | 594,281 |
J2 Global, Inc. (Software) | (a) | 1,458 | 200,548 |
Kulicke & Soffa Industries, Inc. (Semiconductors & Equip.) | 4,675 | 286,110 | |
Lattice Semiconductor Corp. (Semiconductors & Equip.) | (a) | 36,479 | 2,049,390 |
Limelight Networks, Inc. (IT Svs.) | (a) | 18,337 | 57,762 |
LivePerson, Inc. (Software) | (a) | 23,222 | 1,468,559 |
Maximus, Inc. (IT Svs.) | 21,947 | 1,930,678 | |
MicroStrategy, Inc. Class A (Software) | (a) | 984 | 653,868 |
MicroVision, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 7,816 | 130,918 |
Mimecast Ltd. (Software) | (a) | 20,723 | 1,099,355 |
Momentive Global, Inc. (Software) | (a) | 6,437 | 135,628 |
Monday.com Ltd. (Software) | (a) | 242 | 54,109 |
Novanta, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 2,050 | 276,258 |
OSI Systems, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 12,663 | 1,287,067 |
PagerDuty, Inc. (Software) | (a) | 19,628 | 835,760 |
PAR Technology Corp. (Electronic Equip., Instr. & Comp.) | (a) | 4,248 | 297,105 |
Paymentus Holdings, Inc. Class A (IT Svs.) | (a) | 6,649 | 236,039 |
PC Connection, Inc. (Electronic Equip., Instr. & Comp.) | 12,511 | 578,884 | |
Ping Identity Holding Corp. (Software) | (a) | 4,375 | 100,188 |
Power Integrations, Inc. (Semiconductors & Equip.) | 26,379 | 2,164,661 | |
Procore Technologies, Inc. (Software) | (a) | 1,456 | 138,247 |
Progress Software Corp. (Software) | 12,453 | 575,951 | |
PROS Holdings, Inc. (Software) | (a) | 18,152 | 827,187 |
Rapid7, Inc. (Software) | (a) | 8,889 | 841,166 |
Riot Blockchain, Inc. (Software) | (a) | 9,365 | 352,780 |
Ohio National Fund, Inc. | ON BlackRock Advantage Small Cap Growth Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Sailpoint Technologies Holdings, Inc. (Software) | (a) | 11,284 | $ 576,274 |
SentinelOne, Inc. Class A (Software) | (a) | 5,691 | 241,867 |
Silicon Laboratories, Inc. (Semiconductors & Equip.) | (a) | 22,910 | 3,510,957 |
Sprout Social, Inc. Class A (Software) | (a) | 9,952 | 889,908 |
SPS Commerce, Inc. (Software) | (a) | 2,794 | 278,981 |
Synaptics, Inc. (Semiconductors & Equip.) | (a) | 4,413 | 686,575 |
Tenable Holdings, Inc. (Software) | (a) | 21,452 | 887,040 |
Ultra Clean Holdings, Inc. (Semiconductors & Equip.) | (a) | 8,162 | 438,463 |
Varonis Systems, Inc. (Software) | (a) | 40,399 | 2,327,790 |
Verra Mobility Corp. (IT Svs.) | (a) | 10,734 | 164,982 |
Yext, Inc. (Software) | (a) | 70,778 | 1,011,418 |
Zuora, Inc. Class A (Software) | (a) | 11,132 | 192,027 |
45,948,801 | |||
Materials–2.4% | |||
Avient Corp. (Chemicals) | 14,598 | 717,638 | |
Balchem Corp. (Chemicals) | 3,317 | 435,389 | |
Constellium SE (Metals & Mining) | (a) | 23,239 | 440,379 |
Hawkins, Inc. (Chemicals) | 2,602 | 85,216 | |
HB Fuller Co. (Chemicals) | 8,266 | 525,800 | |
Louisiana-Pacific Corp. (Paper & Forest Products) | 2,647 | 159,588 | |
Materion Corp. (Metals & Mining) | 1,825 | 137,514 | |
MP Materials Corp. (Metals & Mining) | (a) | 5,707 | 210,360 |
Novagold Resources, Inc. (Metals & Mining) | (a) | 65,935 | 528,139 |
Schnitzer Steel Industries, Inc. Class A (Metals & Mining) | 4,341 | 212,926 | |
Trinseo SA (Chemicals) | 9,367 | 560,521 | |
United States Steel Corp. (Metals & Mining) | 25,351 | 608,424 | |
Venator Materials PLC (Chemicals) | (a) | 55,792 | 264,454 |
4,886,348 | |||
Real Estate–2.0% | |||
Ashford Hospitality Trust, Inc. (Equity REIT) | (a) | 25,167 | 114,762 |
Braemar Hotels & Resorts, Inc. (Equity REIT) | (a) | 51,793 | 321,635 |
Broadstone Net Lease, Inc. (Equity REIT) | 2 | 47 | |
CorePoint Lodging, Inc. (Equity REIT) | (a) | 17,898 | 191,509 |
eXp World Holdings, Inc. (Real Estate Mgmt. & Development) | (a) | 4,062 | 157,484 |
Marcus & Millichap, Inc. (Real Estate Mgmt. & Development) | (a) | 48,244 | 1,875,244 |
Common Stocks (Continued) | Shares | Value | |
Real Estate (continued) | |||
Newmark Group, Inc. Class A (Real Estate Mgmt. & Development) | 12,324 | $ 148,011 | |
Plymouth Industrial REIT, Inc. (Equity REIT) | 2,952 | 59,099 | |
RE Class A (Real Estate Mgmt. & Development) | 8,159 | 271,939 | |
Realogy Holdings Corp. (Real Estate Mgmt. & Development) | (a) | 8,873 | 161,666 |
Redfin Corp. (Real Estate Mgmt. & Development) | (a) | 7,467 | 473,482 |
RMR Group, Inc. / The Class A (Real Estate Mgmt. & Development) | 1,594 | 61,592 | |
Ryman Hospitality Properties, Inc. (Equity REIT) | (a) | 4,494 | 354,846 |
4,191,316 | |||
Utilities–0.7% | |||
Brookfield Infrastructure Corp. Class A (Gas Utilities) | 3,051 | 230,045 | |
Southwest Gas Holdings, Inc. (Gas Utilities) | 15,885 | 1,051,428 | |
Sunnova Energy International, Inc. (Ind. Power & Renewable Elec.) | (a) | 5,836 | 219,784 |
1,501,257 | |||
Total Common Stocks (Cost $170,092,974) | $204,781,395 |
Rights –0.0% | Quantity | Value | |
Health Care–0.0% | |||
Alder BioPharmaceuticals, Inc. CVR (Pharmaceuticals) | 14,631 | $ 12,875 | |
Prevail Therapeutics, Inc. CVR (Biotechnology) | 2,231 | 1,116 | |
Total Rights (Cost $13,991) | $ 13,991 |
Money Market Funds–0.9% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 1,803,042 | $ 1,803,583 |
Total Money Market Funds (Cost $1,803,583) | $ 1,803,583 | ||
Total Investments – 99.9% (Cost $171,910,548) | (c) | $206,598,969 | |
Other Assets in Excess of Liabilities – 0.1% | (d) | 293,041 | |
Net Assets – 100.0% | $206,892,010 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
ADR: | American Depositary Receipts | |
CVR: | Contingent Value Right |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(d) | Includes $156,000 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini Russell 2000 Index - Long | 24 | September 17, 2021 | $2,767,813 | $2,769,360 | $1,547 | $6,645 |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio (Unaudited) |
Average Annual returns | |
One year | 52.63% |
Five years | 13.21% |
Ten years | 10.78% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 98.0 |
Money Market Funds and Other Net Assets | 2.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Bio-Techne Corp. | 0.7 |
2. | Cognex Corp. | 0.6 |
3. | Molina Healthcare, Inc. | 0.6 |
4. | Fair Isaac Corp. | 0.6 |
5. | SolarEdge Technologies, Inc. | 0.6 |
6. | XPO Logistics, Inc. | 0.6 |
7. | Signature Bank | 0.6 |
8. | Camden Property Trust | 0.6 |
9. | Graco, Inc. | 0.6 |
10. | FactSet Research Systems, Inc. | 0.5 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Industrials | 17.2 |
Financials | 14.8 |
Information Technology | 14.6 |
Consumer Discretionary | 14.5 |
Health Care | 10.8 |
Real Estate | 9.5 |
Materials | 6.2 |
Consumer Staples | 3.4 |
Utilities | 3.2 |
Energy | 2.0 |
Communication Services | 1.8 |
98.0 |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–98.0% | Shares | Value | |
Communication Services–1.8% | |||
Cable One, Inc. (Media) | 994 | $ 1,901,333 | |
Cinemark Holdings, Inc. (Entertainment) | (a) | 19,917 | 437,178 |
Iridium Communications, Inc. (Diversified Telecom. Svs.) | (a) | 21,493 | 859,505 |
John Wiley & Sons, Inc. Class A (Media) | 7,965 | 479,334 | |
New York Times Co. / The Class A (Media) | 26,608 | 1,158,778 | |
TEGNA, Inc. (Media) | 40,330 | 756,591 | |
Telephone & Data Systems, Inc. (Wireless Telecom. Svs.) | 18,176 | 411,868 | |
TripAdvisor, Inc. (Interactive Media & Svs.) | (a) | 17,949 | 723,345 |
World Wrestling Entertainment, Inc. Class A (Entertainment) | 8,286 | 479,677 | |
Yelp, Inc. (Interactive Media & Svs.) | (a) | 12,794 | 511,248 |
7,718,857 | |||
Consumer Discretionary–14.5% | |||
Adient PLC (Auto Components) | (a) | 17,252 | 779,790 |
Adtalem Global Education, Inc. (Diversified Consumer Svs.) | (a) | 9,037 | 322,079 |
American Eagle Outfitters, Inc. (Specialty Retail) | 27,646 | 1,037,554 | |
AutoNation, Inc. (Specialty Retail) | (a) | 9,879 | 936,628 |
Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | (a) | 14,775 | 908,515 |
Brunswick Corp. (Leisure Products) | 14,266 | 1,421,179 | |
Callaway Golf Co. (Leisure Products) | (a) | 21,313 | 718,887 |
Capri Holdings Ltd. (Textiles, Apparel & Luxury Goods) | (a) | 27,705 | 1,584,449 |
Carter's, Inc. (Textiles, Apparel & Luxury Goods) | 8,034 | 828,868 | |
Choice Hotels International, Inc. (Hotels, Restaurants & Leisure) | 5,296 | 629,483 | |
Churchill Downs, Inc. (Hotels, Restaurants & Leisure) | 6,352 | 1,259,347 | |
Columbia Sportswear Co. (Textiles, Apparel & Luxury Goods) | 5,600 | 550,816 | |
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 4,353 | 646,246 | |
Crocs, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 11,948 | 1,392,181 |
Dana, Inc. (Auto Components) | 26,544 | 630,685 | |
Deckers Outdoor Corp. (Textiles, Apparel & Luxury Goods) | (a) | 5,095 | 1,956,837 |
Dick's Sporting Goods, Inc. (Specialty Retail) | 12,005 | 1,202,781 | |
Five Below, Inc. (Specialty Retail) | (a) | 10,249 | 1,980,824 |
Foot Locker, Inc. (Specialty Retail) | 18,914 | 1,165,670 | |
Fox Factory Holding Corp. (Auto Components) | (a) | 7,703 | 1,199,049 |
Gentex Corp. (Auto Components) | 44,210 | 1,462,909 | |
Goodyear Tire & Rubber Co. / The (Auto Components) | (a) | 51,102 | 876,399 |
Graham Holdings Co. Class B (Diversified Consumer Svs.) | 739 | 468,452 | |
Grand Canyon Education, Inc. (Diversified Consumer Svs.) | (a) | 8,482 | 763,126 |
H&R Block, Inc. (Diversified Consumer Svs.) | 33,220 | 780,006 | |
Harley-Davidson, Inc. (Automobiles) | 28,124 | 1,288,642 | |
Helen of Troy Ltd. (Household Durables) | (a) | 4,475 | 1,020,837 |
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 4,076 | 454,229 | |
KB Home (Household Durables) | 16,324 | 664,713 | |
Kohl's Corp. (Multiline Retail) | 28,614 | 1,576,918 | |
Lear Corp. (Auto Components) | 10,035 | 1,758,935 | |
Lithia Motors, Inc. Class A (Specialty Retail) | 5,455 | 1,874,556 | |
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | (a) | 7,823 | 1,246,204 |
Mattel, Inc. (Leisure Products) | (a) | 63,863 | 1,283,646 |
Murphy U.S.A., Inc. (Specialty Retail) | 4,588 | 611,902 |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
Nordstrom, Inc. (Multiline Retail) | (a) | 19,975 | $ 730,486 |
Ollie's Bargain Outlet Holdings, Inc. (Multiline Retail) | (a) | 10,384 | 873,606 |
Papa John's International, Inc. (Hotels, Restaurants & Leisure) | 6,042 | 631,026 | |
Polaris, Inc. (Leisure Products) | 10,543 | 1,443,969 | |
RH (Specialty Retail) | (a) | 3,082 | 2,092,678 |
Scientific Games Corp. (Hotels, Restaurants & Leisure) | (a) | 10,391 | 804,679 |
Service Corp. International (Diversified Consumer Svs.) | 30,795 | 1,650,304 | |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 13,909 | 601,982 |
Skechers U.S.A., Inc. Class A (Textiles, Apparel & Luxury Goods) | (a) | 24,577 | 1,224,672 |
Strategic Education, Inc. (Diversified Consumer Svs.) | 4,543 | 345,541 | |
Taylor Morrison Home Corp. (Household Durables) | (a) | 23,636 | 624,463 |
Tempur Sealy International, Inc. (Household Durables) | 33,564 | 1,315,373 | |
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 12,005 | 1,154,881 | |
Thor Industries, Inc. (Automobiles) | 10,157 | 1,147,741 | |
Toll Brothers, Inc. (Household Durables) | 20,554 | 1,188,227 | |
TopBuild Corp. (Household Durables) | (a) | 6,057 | 1,197,953 |
Travel + Leisure Co. (Hotels, Restaurants & Leisure) | 15,764 | 937,170 | |
Tri Pointe Homes, Inc. (Household Durables) | (a) | 21,622 | 463,359 |
Urban Outfitters, Inc. (Specialty Retail) | (a) | 12,644 | 521,186 |
Visteon Corp. (Auto Components) | (a) | 5,122 | 619,455 |
W.W. International, Inc. (Diversified Consumer Svs.) | (a) | 8,813 | 318,502 |
Wendy's Co. / The (Hotels, Restaurants & Leisure) | 32,453 | 760,049 | |
Williams-Sonoma, Inc. (Specialty Retail) | 13,955 | 2,227,916 | |
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 5,447 | 858,611 | |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 17,090 | 1,235,436 | |
YETI Holdings, Inc. (Leisure Products) | (a) | 13,753 | 1,262,800 |
63,515,407 | |||
Consumer Staples–3.4% | |||
BJ's Wholesale Club Holdings, Inc. (Food & Staples Retailing) | (a) | 25,078 | 1,193,211 |
Boston Beer Co., Inc. / The Class A (Beverages) | (a) | 1,703 | 1,738,422 |
Casey's General Stores, Inc. (Food & Staples Retailing) | 6,777 | 1,319,075 | |
Coty, Inc. Class A (Personal Products) | (a) | 51,942 | 485,138 |
Darling Ingredients, Inc. (Food Products) | (a) | 29,901 | 2,018,317 |
Energizer Holdings, Inc. (Household Products) | 10,655 | 457,952 | |
Flowers Foods, Inc. (Food Products) | 36,110 | 873,862 | |
Grocery Outlet Holding Corp. (Food & Staples Retailing) | (a) | 15,902 | 551,163 |
Hain Celestial Group, Inc. / The (Food Products) | (a) | 15,031 | 603,044 |
Ingredion, Inc. (Food Products) | 12,248 | 1,108,444 | |
Lancaster Colony Corp. (Food Products) | 3,586 | 693,927 | |
Nu Skin Enterprises, Inc. Class A (Personal Products) | 9,157 | 518,744 | |
Pilgrim's Pride Corp. (Food Products) | (a) | 8,975 | 199,066 |
Post Holdings, Inc. (Food Products) | (a) | 10,825 | 1,174,188 |
Sanderson Farms, Inc. (Food Products) | 3,646 | 685,339 | |
Sprouts Farmers Market, Inc. (Food & Staples Retailing) | (a) | 21,647 | 537,928 |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Consumer Staples (continued) | |||
Tootsie Roll Industries, Inc. (Food Products) | 3,291 | $ 111,598 | |
TreeHouse Foods, Inc. (Food Products) | (a) | 10,348 | 460,693 |
14,730,111 | |||
Energy–2.0% | |||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 52,354 | 543,958 | |
ChampionX Corp. (Energy Equip. & Svs.) | (a) | 34,377 | 881,770 |
Cimarex Energy Co. (Oil, Gas & Consumable Fuels) | 18,859 | 1,366,335 | |
CNX Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 40,312 | 550,662 |
EQT Corp. (Oil, Gas & Consumable Fuels) | (a) | 51,155 | 1,138,710 |
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 74,212 | 631,544 | |
HollyFrontier Corp. (Oil, Gas & Consumable Fuels) | 27,407 | 901,690 | |
Murphy Oil Corp. (Oil, Gas & Consumable Fuels) | 26,666 | 620,785 | |
Targa Resources Corp. (Oil, Gas & Consumable Fuels) | 41,836 | 1,859,610 | |
World Fuel Services Corp. (Oil, Gas & Consumable Fuels) | 11,617 | 368,607 | |
8,863,671 | |||
Financials–14.8% | |||
Affiliated Managers Group, Inc. (Capital Markets) | 7,623 | 1,175,543 | |
Alleghany Corp. (Insurance) | (a) | 2,552 | 1,702,363 |
American Financial Group, Inc. (Insurance) | 12,625 | 1,574,590 | |
Associated Banc-Corp. (Banks) | 28,052 | 574,505 | |
BancorpSouth Bank (Banks) | 17,694 | 501,271 | |
Bank of Hawaii Corp. (Banks) | 7,420 | 624,912 | |
Bank OZK (Banks) | 22,175 | 934,898 | |
Brighthouse Financial, Inc. (Insurance) | (a) | 15,682 | 714,158 |
Brown & Brown, Inc. (Insurance) | 42,845 | 2,276,783 | |
Cathay General Bancorp (Banks) | 13,713 | 539,744 | |
CIT Group, Inc. (Banks) | 18,106 | 934,089 | |
CNO Financial Group, Inc. (Insurance) | 24,093 | 569,077 | |
Commerce Bancshares, Inc. (Banks) | 19,322 | 1,440,648 | |
Cullen (Banks) | 10,353 | 1,159,536 | |
East West Bancorp, Inc. (Banks) | 25,966 | 1,861,503 | |
Essent Group Ltd. (Thrifts & Mortgage Finance) | 20,703 | 930,600 | |
Evercore, Inc. Class A (Capital Markets) | 7,498 | 1,055,493 | |
FactSet Research Systems, Inc. (Capital Markets) | 6,931 | 2,326,113 | |
Federated Hermes, Inc. (Capital Markets) | 17,118 | 580,471 | |
First American Financial Corp. (Insurance) | 20,072 | 1,251,489 | |
First Financial Bankshares, Inc. (Banks) | 26,087 | 1,281,654 | |
First Horizon Corp. (Banks) | 101,055 | 1,746,230 | |
FirstCash, Inc. (Consumer Finance) | 7,530 | 575,593 | |
FNB Corp. (Banks) | 58,170 | 717,236 | |
Fulton Financial Corp. (Banks) | 29,767 | 469,723 | |
Glacier Bancorp, Inc. (Banks) | 17,503 | 964,065 | |
Hancock Whitney Corp. (Banks) | 15,915 | 707,263 | |
Hanover Insurance Group, Inc. / The (Insurance) | 6,583 | 892,918 | |
Home BancShares, Inc. (Banks) | 27,866 | 687,733 | |
Interactive Brokers Group, Inc. Class A (Capital Markets) | 14,822 | 974,250 | |
International Bancshares Corp. (Banks) | 10,190 | 437,559 | |
Janus Henderson Group PLC (Capital Markets) | 31,299 | 1,214,714 | |
Jefferies Financial Group, Inc. (Capital Markets) | 36,627 | 1,252,643 | |
Kemper Corp. (Insurance) | 11,118 | 821,620 | |
Kinsale Capital Group, Inc. (Insurance) | 3,927 | 647,052 | |
LendingTree, Inc. (Consumer Finance) | (a) | 2,021 | 428,210 |
Common Stocks (Continued) | Shares | Value | |
Financials (continued) | |||
Mercury General Corp. (Insurance) | 4,858 | $ 315,527 | |
MGIC Investment Corp. (Thrifts & Mortgage Finance) | 62,122 | 844,859 | |
Navient Corp. (Consumer Finance) | 32,896 | 635,880 | |
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 85,026 | 936,987 | |
Old Republic International Corp. (Insurance) | 51,889 | 1,292,555 | |
PacWest Bancorp (Banks) | 21,428 | 881,977 | |
Pinnacle Financial Partners, Inc. (Banks) | 13,938 | 1,230,586 | |
Primerica, Inc. (Insurance) | 7,216 | 1,105,058 | |
PROG Holdings, Inc. (Consumer Finance) | 12,328 | 593,347 | |
Prosperity Bancshares, Inc. (Banks) | 17,043 | 1,223,687 | |
Reinsurance Group of America, Inc. (Insurance) | 12,469 | 1,421,466 | |
RenaissanceRe Holdings Ltd. (Insurance) | 9,090 | 1,352,774 | |
RLI Corp. (Insurance) | 7,287 | 762,147 | |
SEI Investments Co. (Capital Markets) | 21,695 | 1,344,439 | |
Selective Insurance Group, Inc. (Insurance) | 10,985 | 891,433 | |
Signature Bank (Banks) | 10,551 | 2,591,853 | |
SLM Corp. (Consumer Finance) | 59,139 | 1,238,371 | |
Sterling Bancorp (Banks) | 35,193 | 872,435 | |
Stifel Financial Corp. (Capital Markets) | 19,256 | 1,248,944 | |
Synovus Financial Corp. (Banks) | 27,264 | 1,196,344 | |
Texas Capital Bancshares, Inc. (Banks) | (a) | 9,261 | 587,981 |
Trustmark Corp. (Banks) | 11,662 | 359,190 | |
UMB Financial Corp. (Banks) | 7,954 | 740,199 | |
Umpqua Holdings Corp. (Banks) | 40,438 | 746,081 | |
United Bankshares, Inc. (Banks) | 24,509 | 894,579 | |
Valley National Bancorp (Banks) | 74,404 | 999,246 | |
Washington Federal, Inc. (Thrifts & Mortgage Finance) | 13,235 | 420,608 | |
Webster Financial Corp. (Banks) | 16,563 | 883,470 | |
Wintrust Financial Corp. (Banks) | 10,437 | 789,350 | |
64,947,622 | |||
Health Care–10.8% | |||
Acadia Healthcare Co., Inc. (Health Care Providers & Svs.) | (a) | 16,439 | 1,031,547 |
Amedisys, Inc. (Health Care Providers & Svs.) | (a) | 5,964 | 1,460,763 |
Arrowhead Pharmaceuticals, Inc. (Biotechnology) | (a) | 19,038 | 1,576,727 |
Bio-Techne Corp. (Life Sciences Tools & Svs.) | 7,128 | 3,209,453 | |
Chemed Corp. (Health Care Providers & Svs.) | 2,921 | 1,386,014 | |
Emergent BioSolutions, Inc. (Biotechnology) | (a) | 8,307 | 523,258 |
Encompass Health Corp. (Health Care Providers & Svs.) | 18,211 | 1,421,004 | |
Envista Holdings Corp. (Health Care Equip. & Supplies) | (a) | 29,479 | 1,273,788 |
Exelixis, Inc. (Biotechnology) | (a) | 57,445 | 1,046,648 |
Globus Medical, Inc. Class A (Health Care Equip. & Supplies) | (a) | 14,244 | 1,104,337 |
Haemonetics Corp. (Health Care Equip. & Supplies) | (a) | 9,320 | 621,085 |
Halozyme Therapeutics, Inc. (Biotechnology) | (a) | 24,516 | 1,113,272 |
HealthEquity, Inc. (Health Care Providers & Svs.) | (a) | 15,275 | 1,229,332 |
Hill-Rom Holdings, Inc. (Health Care Equip. & Supplies) | 12,172 | 1,382,617 | |
ICU Medical, Inc. (Health Care Equip. & Supplies) | (a) | 3,606 | 742,115 |
Integra LifeSciences Holdings Corp. (Health Care Equip. & Supplies) | (a) | 12,999 | 887,052 |
Jazz Pharmaceuticals PLC (Pharmaceuticals) | (a) | 10,995 | 1,953,152 |
LHC Group, Inc. (Health Care Providers & Svs.) | (a) | 5,797 | 1,160,907 |
Ligand Pharmaceuticals, Inc. (Biotechnology) | (a) | 3,067 | 402,360 |
LivaNova PLC (Health Care Equip. & Supplies) | (a) | 8,927 | 750,850 |
Masimo Corp. (Health Care Equip. & Supplies) | (a) | 9,268 | 2,247,027 |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Medpace Holdings, Inc. (Life Sciences Tools & Svs.) | (a) | 5,075 | $ 896,397 |
Molina Healthcare, Inc. (Health Care Providers & Svs.) | (a) | 10,698 | 2,707,236 |
Nektar Therapeutics (Pharmaceuticals) | (a) | 33,424 | 573,556 |
Neogen Corp. (Health Care Equip. & Supplies) | (a) | 19,661 | 905,192 |
Neurocrine Biosciences, Inc. (Biotechnology) | (a) | 17,314 | 1,684,998 |
NuVasive, Inc. (Health Care Equip. & Supplies) | (a) | 9,426 | 638,894 |
Patterson Cos., Inc. (Health Care Providers & Svs.) | 15,950 | 484,721 | |
Penumbra, Inc. (Health Care Equip. & Supplies) | (a) | 6,218 | 1,704,105 |
PRA Health Sciences, Inc. (Life Sciences Tools & Svs.) | (a) | 11,870 | 1,961,043 |
Progyny, Inc. (Health Care Providers & Svs.) | (a) | 6,805 | 401,495 |
Quidel Corp. (Health Care Equip. & Supplies) | (a) | 7,110 | 910,933 |
R1 RCM, Inc. (Health Care Providers & Svs.) | (a) | 25,419 | 565,319 |
Repligen Corp. (Life Sciences Tools & Svs.) | (a) | 9,344 | 1,865,249 |
STAAR Surgical Co. (Health Care Equip. & Supplies) | (a) | 8,586 | 1,309,365 |
Syneos Health, Inc. (Life Sciences Tools & Svs.) | (a) | 18,546 | 1,659,682 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 19,561 | 1,310,391 |
United Therapeutics Corp. (Biotechnology) | (a) | 8,202 | 1,471,521 |
47,573,405 | |||
Industrials–17.2% | |||
Acuity Brands, Inc. (Electrical Equip.) | 6,537 | 1,222,615 | |
AECOM (Construction & Engineering) | (a) | 26,792 | 1,696,469 |
AGCO Corp. (Machinery) | 11,314 | 1,475,119 | |
ASGN, Inc. (Professional Svs.) | (a) | 9,721 | 942,257 |
Avis Budget Group, Inc. (Road & Rail) | (a) | 9,481 | 738,475 |
Axon Enterprise, Inc. (Aerospace & Defense) | (a) | 11,843 | 2,093,842 |
Brink's Co. / The (Commercial Svs. & Supplies) | 9,083 | 697,938 | |
Builders FirstSource, Inc. (Building Products) | (a) | 37,982 | 1,620,312 |
CACI International, Inc. Class A (Professional Svs.) | (a) | 4,315 | 1,100,843 |
Carlisle Cos., Inc. (Industrial Conglomerates) | 9,561 | 1,829,784 | |
Clean Harbors, Inc. (Commercial Svs. & Supplies) | (a) | 9,192 | 856,143 |
Colfax Corp. (Machinery) | (a) | 21,598 | 989,404 |
Crane Co. (Machinery) | 9,066 | 837,426 | |
Curtiss-Wright Corp. (Aerospace & Defense) | 7,509 | 891,769 | |
Donaldson Co., Inc. (Machinery) | 23,127 | 1,469,258 | |
Dycom Industries, Inc. (Construction & Engineering) | (a) | 5,668 | 422,436 |
EMCOR Group, Inc. (Construction & Engineering) | 9,978 | 1,229,190 | |
EnerSys (Electrical Equip.) | 7,833 | 765,519 | |
Flowserve Corp. (Machinery) | 23,897 | 963,527 | |
Fluor Corp. (Construction & Engineering) | (a) | 22,937 | 405,985 |
FTI Consulting, Inc. (Professional Svs.) | (a) | 6,282 | 858,184 |
GATX Corp. (Trading Companies & Distributors) | 6,491 | 574,259 | |
Graco, Inc. (Machinery) | 31,039 | 2,349,652 | |
Healthcare Services Group, Inc. (Commercial Svs. & Supplies) | 13,759 | 434,372 | |
Herman Miller, Inc. (Commercial Svs. & Supplies) | 10,799 | 509,065 | |
Hexcel Corp. (Aerospace & Defense) | (a) | 15,337 | 957,029 |
Hubbell, Inc. (Electrical Equip.) | 9,960 | 1,860,926 | |
IAA, Inc. (Commercial Svs. & Supplies) | (a) | 24,683 | 1,346,211 |
Insperity, Inc. (Professional Svs.) | 6,586 | 595,177 | |
ITT, Inc. (Machinery) | 15,766 | 1,444,008 | |
JetBlue Airways Corp. (Airlines) | (a) | 57,975 | 972,821 |
KAR Auction Services, Inc. (Commercial Svs. & Supplies) | (a) | 22,830 | 400,667 |
Kennametal, Inc. (Machinery) | 15,326 | 550,510 | |
Kirby Corp. (Marine) | (a) | 11,022 | 668,374 |
Common Stocks (Continued) | Shares | Value | |
Industrials (continued) | |||
Knight-Swift Transportation Holdings, Inc. (Road & Rail) | 22,379 | $ 1,017,349 | |
Landstar System, Inc. (Road & Rail) | 7,041 | 1,112,619 | |
Lennox International, Inc. (Building Products) | 6,298 | 2,209,338 | |
Lincoln Electric Holdings, Inc. (Machinery) | 10,899 | 1,435,507 | |
ManpowerGroup, Inc. (Professional Svs.) | 9,982 | 1,186,960 | |
MasTec, Inc. (Construction & Engineering) | (a) | 10,347 | 1,097,817 |
Mercury Systems, Inc. (Aerospace & Defense) | (a) | 10,300 | 682,684 |
Middleby Corp. / The (Machinery) | (a) | 10,175 | 1,762,920 |
MSA Safety, Inc. (Commercial Svs. & Supplies) | 6,668 | 1,104,087 | |
MSC Industrial Direct Co., Inc. Class A (Trading Companies & Distributors) | 8,624 | 773,832 | |
Nordson Corp. (Machinery) | 9,888 | 2,170,515 | |
nVent Electric PLC (Electrical Equip.) | 30,685 | 958,599 | |
Oshkosh Corp. (Machinery) | 12,583 | 1,568,345 | |
Owens Corning (Building Products) | 19,133 | 1,873,121 | |
Regal Beloit Corp. (Electrical Equip.) | 7,452 | 994,917 | |
Ryder System, Inc. (Road & Rail) | 9,852 | 732,299 | |
Simpson Manufacturing Co., Inc. (Building Products) | 7,949 | 877,888 | |
Stericycle, Inc. (Commercial Svs. & Supplies) | (a) | 16,802 | 1,202,183 |
Sunrun, Inc. (Electrical Equip.) | (a) | 29,499 | 1,645,454 |
Terex Corp. (Machinery) | 12,732 | 606,298 | |
Tetra Tech, Inc. (Commercial Svs. & Supplies) | 9,907 | 1,209,050 | |
Timken Co. / The (Machinery) | 12,499 | 1,007,294 | |
Toro Co. / The (Machinery) | 19,612 | 2,154,967 | |
Trex Co., Inc. (Building Products) | (a) | 21,128 | 2,159,493 |
Trinity Industries, Inc. (Machinery) | 14,792 | 397,757 | |
Univar Solutions, Inc. (Trading Companies & Distributors) | (a) | 31,072 | 757,535 |
Valmont Industries, Inc. (Construction & Engineering) | 3,892 | 918,707 | |
Watsco, Inc. (Trading Companies & Distributors) | 6,028 | 1,727,866 | |
Werner Enterprises, Inc. (Road & Rail) | 10,464 | 465,857 | |
Woodward, Inc. (Machinery) | 10,752 | 1,321,206 | |
XPO Logistics, Inc. (Air Freight & Logistics) | (a) | 18,617 | 2,604,332 |
75,506,362 | |||
Information Technology–14.6% | |||
ACI Worldwide, Inc. (Software) | (a) | 21,634 | 803,487 |
Alliance Data Systems Corp. (IT Svs.) | 9,116 | 949,796 | |
Amkor Technology, Inc. (Semiconductors & Equip.) | 19,739 | 467,222 | |
Arrow Electronics, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 13,579 | 1,545,698 |
Aspen Technology, Inc. (Software) | (a) | 12,442 | 1,711,273 |
Avnet, Inc. (Electronic Equip., Instr. & Comp.) | 18,244 | 731,220 | |
Belden, Inc. (Electronic Equip., Instr. & Comp.) | 8,193 | 414,320 | |
Blackbaud, Inc. (Software) | (a) | 8,940 | 684,536 |
Brooks Automation, Inc. (Semiconductors & Equip.) | 13,616 | 1,297,332 | |
CDK Global, Inc. (Software) | 22,331 | 1,109,627 | |
Ceridian HCM Holding, Inc. (Software) | (a) | 24,078 | 2,309,562 |
Ciena Corp. (Communications Equip.) | (a) | 28,369 | 1,613,912 |
Cirrus Logic, Inc. (Semiconductors & Equip.) | (a) | 10,527 | 896,058 |
CMC Materials, Inc. (Semiconductors & Equip.) | 5,351 | 806,610 | |
Cognex Corp. (Electronic Equip., Instr. & Comp.) | 32,350 | 2,719,018 | |
Coherent, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 4,485 | 1,185,565 |
CommVault Systems, Inc. (Software) | (a) | 8,419 | 658,113 |
Concentrix Corp. (IT Svs.) | (a) | 7,627 | 1,226,422 |
Cree, Inc. (Semiconductors & Equip.) | (a) | 21,139 | 2,070,142 |
Envestnet, Inc. (Software) | (a) | 9,964 | 755,869 |
Fair Isaac Corp. (Software) | (a) | 5,270 | 2,649,124 |
First Solar, Inc. (Semiconductors & Equip.) | (a) | 15,553 | 1,407,702 |
Genpact Ltd. (IT Svs.) | 31,915 | 1,449,898 |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
II-VI, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 19,219 | $ 1,395,107 |
J2 Global, Inc. (Software) | (a) | 7,789 | 1,071,377 |
Jabil, Inc. (Electronic Equip., Instr. & Comp.) | 24,517 | 1,424,928 | |
KBR, Inc. (IT Svs.) | 25,836 | 985,643 | |
Lattice Semiconductor Corp. (Semiconductors & Equip.) | (a) | 25,047 | 1,407,140 |
Littelfuse, Inc. (Electronic Equip., Instr. & Comp.) | 4,500 | 1,146,555 | |
LiveRamp Holdings, Inc. (IT Svs.) | (a) | 12,520 | 586,562 |
Lumentum Holdings, Inc. (Communications Equip.) | (a) | 13,886 | 1,139,069 |
Manhattan Associates, Inc. (Software) | (a) | 11,647 | 1,686,951 |
Maximus, Inc. (IT Svs.) | 11,271 | 991,510 | |
MKS Instruments, Inc. (Semiconductors & Equip.) | 10,130 | 1,802,634 | |
National Instruments Corp. (Electronic Equip., Instr. & Comp.) | 24,139 | 1,020,597 | |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 23,973 | 1,093,409 |
NetScout Systems, Inc. (Communications Equip.) | (a) | 13,504 | 385,404 |
Paylocity Holding Corp. (Software) | (a) | 6,882 | 1,313,086 |
Qualys, Inc. (Software) | (a) | 6,186 | 622,868 |
Sabre Corp. (IT Svs.) | (a) | 58,579 | 731,066 |
Sailpoint Technologies Holdings, Inc. (Software) | (a) | 16,892 | 862,674 |
Science Applications International Corp. (IT Svs.) | 10,617 | 931,429 | |
Semtech Corp. (Semiconductors & Equip.) | (a) | 11,927 | 820,578 |
Silicon Laboratories, Inc. (Semiconductors & Equip.) | (a) | 8,185 | 1,254,351 |
SolarEdge Technologies, Inc. (Semiconductors & Equip.) | (a) | 9,518 | 2,630,490 |
Synaptics, Inc. (Semiconductors & Equip.) | (a) | 6,443 | 1,002,402 |
SYNNEX Corp. (Electronic Equip., Instr. & Comp.) | 7,611 | 926,715 | |
Teradata Corp. (Software) | (a) | 20,102 | 1,004,497 |
Universal Display Corp. (Semiconductors & Equip.) | 7,864 | 1,748,403 | |
Viasat, Inc. (Communications Equip.) | (a) | 12,482 | 622,103 |
Vishay Intertechnology, Inc. (Electronic Equip., Instr. & Comp.) | 24,337 | 548,799 | |
Vontier Corp. (Electronic Equip., Instr. & Comp.) | 30,917 | 1,007,276 | |
WEX, Inc. (IT Svs.) | (a) | 8,193 | 1,588,623 |
Xerox Holdings Corp. (Tech. Hardware, Storage & Periph.) | 29,519 | 693,401 | |
63,908,153 | |||
Materials–6.2% | |||
AptarGroup, Inc. (Containers & Packaging) | 12,037 | 1,695,291 | |
Ashland Global Holdings, Inc. (Chemicals) | 10,016 | 876,400 | |
Avient Corp. (Chemicals) | 16,748 | 823,332 | |
Cabot Corp. (Chemicals) | 10,387 | 591,332 | |
Chemours Co. / The (Chemicals) | 30,300 | 1,054,440 | |
Cleveland-Cliffs, Inc. (Metals & Mining) | (a) | 84,184 | 1,815,007 |
Commercial Metals Co. (Metals & Mining) | 22,010 | 676,147 | |
Compass Minerals International, Inc. (Metals & Mining) | 6,263 | 371,145 | |
Eagle Materials, Inc. (Construction Materials) | 7,761 | 1,102,916 | |
Greif, Inc. Class A (Containers & Packaging) | 4,833 | 292,638 | |
Ingevity Corp. (Chemicals) | (a) | 7,321 | 595,637 |
Louisiana-Pacific Corp. (Paper & Forest Products) | 18,716 | 1,128,388 | |
Minerals Technologies, Inc. (Chemicals) | 6,203 | 487,990 | |
NewMarket Corp. (Chemicals) | 1,340 | 431,453 | |
Olin Corp. (Chemicals) | 26,193 | 1,211,688 | |
Reliance Steel & Aluminum Co. (Metals & Mining) | 11,659 | 1,759,343 | |
Royal Gold, Inc. (Metals & Mining) | 12,028 | 1,372,395 |
Common Stocks (Continued) | Shares | Value | |
Materials (continued) | |||
RPM International, Inc. (Chemicals) | 23,716 | $ 2,103,135 | |
Scotts Miracle-Gro Co. / The (Chemicals) | 7,459 | 1,431,531 | |
Sensient Technologies Corp. (Chemicals) | 7,724 | 668,589 | |
Silgan Holdings, Inc. (Containers & Packaging) | 14,336 | 594,944 | |
Sonoco Products Co. (Containers & Packaging) | 18,428 | 1,232,833 | |
Steel Dynamics, Inc. (Metals & Mining) | 36,756 | 2,190,658 | |
United States Steel Corp. (Metals & Mining) | 49,356 | 1,184,544 | |
Valvoline, Inc. (Chemicals) | 33,127 | 1,075,302 | |
Worthington Industries, Inc. (Metals & Mining) | 6,432 | 393,510 | |
27,160,588 | |||
Real Estate–9.5% | |||
American Campus Communities, Inc. (Equity REIT) | 25,248 | 1,179,587 | |
Apartment Income REIT Corp. (Equity REIT) | 28,703 | 1,361,383 | |
Brixmor Property Group, Inc. (Equity REIT) | 54,438 | 1,246,086 | |
Camden Property Trust (Equity REIT) | 17,895 | 2,374,130 | |
CoreSite Realty Corp. (Equity REIT) | 7,884 | 1,061,186 | |
Corporate Office Properties Trust (Equity REIT) | 20,583 | 576,118 | |
Cousins Properties, Inc. (Equity REIT) | 27,252 | 1,002,329 | |
CyrusOne, Inc. (Equity REIT) | 22,430 | 1,604,194 | |
Douglas Emmett, Inc. (Equity REIT) | 30,257 | 1,017,240 | |
EastGroup Properties, Inc. (Equity REIT) | 7,323 | 1,204,267 | |
EPR Properties (Equity REIT) | (a) | 13,715 | 722,506 |
First Industrial Realty Trust, Inc. (Equity REIT) | 23,684 | 1,237,015 | |
Healthcare Realty Trust, Inc. (Equity REIT) | 25,900 | 782,180 | |
Highwoods Properties, Inc. (Equity REIT) | 19,066 | 861,211 | |
Hudson Pacific Properties, Inc. (Equity REIT) | 27,696 | 770,503 | |
JBG SMITH Properties (Equity REIT) | 20,275 | 638,865 | |
Jones Lang LaSalle, Inc. (Real Estate Mgmt. & Development) | (a) | 9,399 | 1,837,129 |
Kilroy Realty Corp. (Equity REIT) | 19,426 | 1,352,827 | |
Lamar Advertising Co. Class A (Equity REIT) | 15,864 | 1,656,519 | |
Life Storage, Inc. (Equity REIT) | 14,069 | 1,510,307 | |
Macerich Co. / The (Equity REIT) | 30,603 | 558,505 | |
Medical Properties Trust, Inc. (Equity REIT) | 107,706 | 2,164,891 | |
National Retail Properties, Inc. (Equity REIT) | 32,149 | 1,507,145 | |
National Storage Affiliates Trust (Equity REIT) | 12,614 | 637,764 | |
Omega Healthcare Investors, Inc. (Equity REIT) | 43,090 | 1,563,736 | |
Park Hotels & Resorts, Inc. (Equity REIT) | (a) | 43,365 | 893,753 |
Pebblebrook Hotel Trust (Equity REIT) | 24,088 | 567,272 | |
Physicians Realty Trust (Equity REIT) | 39,399 | 727,699 | |
PotlatchDeltic Corp. (Equity REIT) | 12,277 | 652,523 | |
PS Business Parks, Inc. (Equity REIT) | 3,679 | 544,786 | |
Rayonier, Inc. (Equity REIT) | 25,438 | 913,987 | |
Rexford Industrial Realty, Inc. (Equity REIT) | 24,537 | 1,397,382 | |
Sabra Health Care REIT, Inc. (Equity REIT) | 39,485 | 718,627 | |
SL Green Realty Corp. (Equity REIT) | 12,723 | 1,017,840 | |
Spirit Realty Capital, Inc. (Equity REIT) | 21,070 | 1,007,989 | |
STORE Capital Corp. (Equity REIT) | 44,567 | 1,538,007 | |
Urban Edge Properties (Equity REIT) | 20,182 | 385,476 | |
Weingarten Realty Investors (Equity REIT) | 22,033 | 706,598 | |
41,499,562 | |||
Utilities–3.2% | |||
ALLETE, Inc. (Electric Utilities) | 9,536 | 667,329 | |
Black Hills Corp. (Multi-Utilities) | 11,518 | 755,926 | |
Essential Utilities, Inc. (Water Utilities) | 40,953 | 1,871,552 | |
Hawaiian Electric Industries, Inc. (Electric Utilities) | 20,030 | 846,868 | |
IDACORP, Inc. (Electric Utilities) | 9,258 | 902,655 | |
MDU Resources Group, Inc. (Multi-Utilities) | 36,775 | 1,152,529 | |
National Fuel Gas Co. (Gas Utilities) | 16,719 | 873,568 | |
New Jersey Resources Corp. (Gas Utilities) | 17,658 | 698,727 | |
NorthWestern Corp. (Multi-Utilities) | 9,285 | 559,143 | |
OGE Energy Corp. (Electric Utilities) | 36,692 | 1,234,686 | |
ONE Gas, Inc. (Gas Utilities) | 9,766 | 723,856 | |
PNM Resources, Inc. (Electric Utilities) | 15,739 | 767,591 | |
Southwest Gas Holdings, Inc. (Gas Utilities) | 10,576 | 700,025 |
Ohio National Fund, Inc. | ON S&P MidCap 400® Index Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Utilities (continued) | |||
Spire, Inc. (Gas Utilities) | 9,477 | $ 684,903 | |
UGI Corp. (Gas Utilities) | 38,245 | 1,771,126 | |
14,210,484 | |||
Total Common Stocks (Cost $313,714,662) | $429,634,222 |
Money Market Funds–0.8% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 3,644,606 | $ 3,645,700 |
Total Money Market Funds (Cost $3,645,700) | $ 3,645,700 | ||
Total Investments – 98.8% (Cost $317,360,362) | (c) | $433,279,922 | |
Other Assets in Excess of Liabilities – 1.2% | (d) | 5,250,571 | |
Net Assets – 100.0% | $438,530,493 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(d) | Includes $202,500 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini S&P MidCap 400 Index - Long | 15 | September 17, 2021 | $4,082,747 | $4,038,600 | $(44,147) | $3,900 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Growth Portfolio (Unaudited) |
Average Annual returns | |
One year | 40.28% |
Five years | 19.60% |
Ten years | 15.46% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Growth Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 101.7 |
Money Market Funds Less Net Liabilities | (1.7) |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Apple, Inc. | 10.2 |
2. | Microsoft Corp. | 7.8 |
3. | Amazon.com, Inc. | 6.5 |
4. | Facebook, Inc. Class A | 4.1 |
5. | Visa, Inc. | 3.0 |
6. | Alphabet, Inc. Class C | 2.9 |
7. | Tesla, Inc. | 2.5 |
8. | Adobe, Inc. | 2.4 |
9. | PayPal Holdings, Inc. | 2.4 |
10. | Alphabet, Inc. Class A | 2.1 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Information Technology | 45.2 |
Consumer Discretionary | 18.8 |
Communication Services | 12.8 |
Health Care | 8.7 |
Industrials | 7.0 |
Consumer Staples | 4.0 |
Financials | 2.3 |
Real Estate | 1.4 |
Energy | 0.8 |
Materials | 0.5 |
Utilities | 0.2 |
101.7 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Growth Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–101.7% | Shares | Value | |
Communication Services–12.8% | |||
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 999 | $ 2,439,348 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 1,386 | 3,473,760 |
Cardlytics, Inc. (Media) | (a) | 765 | 97,101 |
Discovery, Inc. Class A (Media) | (a) | 1,934 | 59,335 |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 13,823 | 4,806,395 |
Live Nation Entertainment, Inc. (Entertainment) | (a) | 4,291 | 375,849 |
Netflix, Inc. (Entertainment) | (a) | 1,060 | 559,903 |
Playtika Holding Corp. (Entertainment) | (a) | 732 | 17,451 |
Roku, Inc. (Entertainment) | (a) | 1,262 | 579,574 |
Sirius XM Holdings, Inc. (Media) | 38,426 | 251,306 | |
Snap, Inc. Class A (Interactive Media & Svs.) | (a) | 2,127 | 144,934 |
Spotify Technology SA (Entertainment) | (a) | 2,326 | 641,022 |
Twitter, Inc. (Interactive Media & Svs.) | (a) | 9,765 | 671,930 |
United States Cellular Corp. (Wireless Telecom. Svs.) | (a) | 469 | 17,029 |
Vimeo, Inc. (Interactive Media & Svs.) | (a) | 5,826 | 285,474 |
Walt Disney Co. / The (Entertainment) | (a) | 1,764 | 310,058 |
Zynga, Inc. Class A (Entertainment) | (a) | 41,362 | 439,678 |
15,170,147 | |||
Consumer Discretionary–18.8% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 2,227 | 7,661,236 |
Aramark (Hotels, Restaurants & Leisure) | 2,657 | 98,973 | |
Booking Holdings, Inc. (Internet & Direct Marketing Retail) | (a) | 197 | 431,054 |
BorgWarner, Inc. (Auto Components) | 20,967 | 1,017,738 | |
Chipotle Mexican Grill, Inc. (Hotels, Restaurants & Leisure) | (a) | 814 | 1,261,977 |
Crocs, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 1,470 | 171,284 |
Etsy, Inc. (Internet & Direct Marketing Retail) | (a) | 2,327 | 478,990 |
Genuine Parts Co. (Distributors) | 4,370 | 552,674 | |
Home Depot, Inc. / The (Specialty Retail) | 2,709 | 863,873 | |
International Game Technology PLC (Hotels, Restaurants & Leisure) | (a) | 12,364 | 296,242 |
iRobot Corp. (Household Durables) | (a) | 413 | 38,570 |
Levi Strauss & Co. Class A (Textiles, Apparel & Luxury Goods) | 7,851 | 217,630 | |
Lithia Motors, Inc. Class A (Specialty Retail) | 817 | 280,754 | |
Lowe's Cos., Inc. (Specialty Retail) | 5,127 | 994,484 | |
Lululemon Athletica, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 705 | 257,304 |
NIKE, Inc. Class B (Textiles, Apparel & Luxury Goods) | 4,758 | 735,064 | |
Nordstrom, Inc. (Multiline Retail) | (a) | 2,474 | 90,474 |
Shake Shack, Inc. Class A (Hotels, Restaurants & Leisure) | (a) | 921 | 98,565 |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 13,829 | 598,519 |
Sonos, Inc. (Household Durables) | (a) | 4,606 | 162,269 |
Starbucks Corp. (Hotels, Restaurants & Leisure) | 884 | 98,840 | |
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | (a) | 773 | 33,610 |
Target Corp. (Multiline Retail) | 4,411 | 1,066,315 | |
Tesla, Inc. (Automobiles) | (a) | 4,357 | 2,961,453 |
TJX Cos., Inc. / The (Specialty Retail) | 1,371 | 92,433 | |
Travel + Leisure Co. (Hotels, Restaurants & Leisure) | 5,245 | 311,815 | |
Vail Resorts, Inc. (Hotels, Restaurants & Leisure) | (a) | 548 | 173,453 |
Common Stocks (Continued) | Shares | Value | |
Consumer Discretionary (continued) | |||
Wendy's Co. / The (Hotels, Restaurants & Leisure) | 14,146 | $ 331,299 | |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 4,312 | 311,715 | |
Wynn Resorts Ltd. (Hotels, Restaurants & Leisure) | (a) | 3,900 | 476,970 |
22,165,577 | |||
Consumer Staples–4.0% | |||
Boston Beer Co., Inc. / The Class A (Beverages) | (a) | 187 | 190,890 |
Costco Wholesale Corp. (Food & Staples Retailing) | 5,896 | 2,332,870 | |
Estee Lauder Cos., Inc. / The Class A (Personal Products) | 3,229 | 1,027,080 | |
Herbalife Nutrition Ltd. (Personal Products) | (a) | 3,652 | 192,570 |
Hershey Co. / The (Food Products) | 297 | 51,732 | |
Keurig Dr Pepper, Inc. (Beverages) | 309 | 10,889 | |
PepsiCo, Inc. (Beverages) | 6,513 | 965,031 | |
4,771,062 | |||
Energy–0.8% | |||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 16,421 | 170,614 | |
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 1,235 | 103,048 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 2,605 | 227,469 | |
Schlumberger N.V. (Energy Equip. & Svs.) | 14,997 | 480,054 | |
981,185 | |||
Financials–2.3% | |||
American Express Co. (Consumer Finance) | 2,525 | 417,206 | |
Marsh & McLennan Cos., Inc. (Insurance) | 1,434 | 201,735 | |
MetLife, Inc. (Insurance) | 7,028 | 420,626 | |
Morgan Stanley (Capital Markets) | 12,093 | 1,108,807 | |
Progressive Corp. / The (Insurance) | 1,148 | 112,745 | |
Stifel Financial Corp. (Capital Markets) | 3,968 | 257,365 | |
Voya Financial, Inc. (Diversified Financial Svs.) | 3,692 | 227,058 | |
2,745,542 | |||
Health Care–8.7% | |||
Agilent Technologies, Inc. (Life Sciences Tools & Svs.) | 1,779 | 262,954 | |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 1,579 | 964,769 |
BioMarin Pharmaceutical, Inc. (Biotechnology) | (a) | 12,900 | 1,076,376 |
Bio-Rad Laboratories, Inc. Class A (Life Sciences Tools & Svs.) | (a) | 208 | 134,012 |
Bruker Corp. (Life Sciences Tools & Svs.) | 8,332 | 633,065 | |
Danaher Corp. (Health Care Equip. & Supplies) | 554 | 148,672 | |
Dexcom, Inc. (Health Care Equip. & Supplies) | (a) | 3,110 | 1,327,970 |
Gilead Sciences, Inc. (Biotechnology) | 10,540 | 725,784 | |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 2,780 | 1,755,709 |
Insulet Corp. (Health Care Equip. & Supplies) | (a) | 1,225 | 336,275 |
Johnson & Johnson (Pharmaceuticals) | 3,228 | 531,781 | |
McKesson Corp. (Health Care Providers & Svs.) | 3,271 | 625,546 | |
Mettler-Toledo International, Inc. (Life Sciences Tools & Svs.) | (a) | 32 | 44,331 |
Perrigo Co. PLC (Pharmaceuticals) | 732 | 33,562 | |
PPD, Inc. (Life Sciences Tools & Svs.) | (a) | 10,290 | 474,266 |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Growth Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Repligen Corp. (Life Sciences Tools & Svs.) | (a) | 419 | $ 83,641 |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 5,491 | 1,107,150 |
10,265,863 | |||
Industrials–7.0% | |||
Alaska Air Group, Inc. (Airlines) | (a) | 216 | 13,027 |
Allegion PLC (Building Products) | 1,673 | 233,049 | |
Axon Enterprise, Inc. (Aerospace & Defense) | (a) | 493 | 87,162 |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 756 | 70,814 | |
Carrier Global Corp. (Building Products) | 14,494 | 704,408 | |
Caterpillar, Inc. (Machinery) | 5,289 | 1,151,045 | |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 1,892 | 249,422 |
Deere & Co. (Machinery) | 698 | 246,192 | |
Delta Air Lines, Inc. (Airlines) | (a) | 3,284 | 142,066 |
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 10,756 | 1,361,710 | |
IAA, Inc. (Commercial Svs. & Supplies) | (a) | 13,946 | 760,615 |
Landstar System, Inc. (Road & Rail) | 2,512 | 396,946 | |
Lockheed Martin Corp. (Aerospace & Defense) | 1,096 | 414,672 | |
Otis Worldwide Corp. (Machinery) | 6,708 | 548,513 | |
Owens Corning (Building Products) | 149 | 14,587 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 860 | 404,372 | |
Ryder System, Inc. (Road & Rail) | 4,645 | 345,263 | |
SiteOne Landscape Supply, Inc. (Trading Companies & Distributors) | (a) | 1,538 | 260,322 |
Trane Technologies PLC (Building Products) | 4,620 | 850,727 | |
8,254,912 | |||
Information Technology–45.2% | |||
Accenture PLC Class A (IT Svs.) | 5,074 | 1,495,764 | |
Adobe, Inc. (Software) | (a) | 4,895 | 2,866,708 |
Advanced Micro Devices, Inc. (Semiconductors & Equip.) | (a) | 11,131 | 1,045,535 |
Alteryx, Inc. Class A (Software) | (a) | 194 | 16,688 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 88,437 | 12,112,331 | |
Applied Materials, Inc. (Semiconductors & Equip.) | 1,825 | 259,880 | |
Autodesk, Inc. (Software) | (a) | 1,909 | 557,237 |
Automatic Data Processing, Inc. (IT Svs.) | 5,590 | 1,110,286 | |
Cadence Design Systems, Inc. (Software) | (a) | 161 | 22,028 |
Cloudflare, Inc. Class A (Software) | (a) | 1,124 | 118,964 |
Dell Technologies, Inc. Class C (Tech. Hardware, Storage & Periph.) | (a) | 4,904 | 488,782 |
Dropbox, Inc. Class A (Software) | (a) | 1,079 | 32,704 |
Flex Ltd. (Electronic Equip., Instr. & Comp.) | (a) | 24,637 | 440,263 |
GoDaddy, Inc. Class A (IT Svs.) | (a) | 391 | 34,001 |
HP, Inc. (Tech. Hardware, Storage & Periph.) | 21,458 | 647,817 | |
HubSpot, Inc. (Software) | (a) | 1,772 | 1,032,580 |
Intel Corp. (Semiconductors & Equip.) | 14,829 | 832,500 | |
Intuit, Inc. (Software) | 4,512 | 2,211,647 | |
Lam Research Corp. (Semiconductors & Equip.) | 1,560 | 1,015,092 |
Common Stocks (Continued) | Shares | Value | |
Information Technology (continued) | |||
Mastercard, Inc. Class A (IT Svs.) | 5,417 | $ 1,977,692 | |
Microsoft Corp. (Software) | 33,878 | 9,177,550 | |
NVIDIA Corp. (Semiconductors & Equip.) | 2,648 | 2,118,665 | |
PagerDuty, Inc. (Software) | (a) | 1,121 | 47,732 |
PayPal Holdings, Inc. (IT Svs.) | (a) | 9,707 | 2,829,396 |
PTC, Inc. (Software) | (a) | 7,237 | 1,022,299 |
QUALCOMM, Inc. (Semiconductors & Equip.) | 14,506 | 2,073,343 | |
salesforce.com, Inc. (Software) | (a) | 103 | 25,160 |
ServiceNow, Inc. (Software) | (a) | 2,492 | 1,369,479 |
Slack Technologies, Inc. Class A (Software) | (a) | 1,322 | 58,565 |
Splunk, Inc. (Software) | (a) | 1,333 | 192,725 |
Tenable Holdings, Inc. (Software) | (a) | 1,391 | 57,518 |
UiPath, Inc. Class A (Software) | (a) | 2,321 | 157,666 |
Visa, Inc. (IT Svs.) | 15,436 | 3,609,245 | |
VMware, Inc. Class A (Software) | (a) | 3,949 | 631,722 |
Workday, Inc. Class A (Software) | (a) | 4,397 | 1,049,740 |
Xilinx, Inc. (Semiconductors & Equip.) | 1,382 | 199,892 | |
Zebra Technologies Corp. Class A (Electronic Equip., Instr. & Comp.) | (a) | 181 | 95,838 |
Zendesk, Inc. (Software) | (a) | 3,142 | 453,516 |
53,488,550 | |||
Materials–0.5% | |||
Amyris, Inc. (Chemicals) | (a) | 4,588 | 75,105 |
Crown Holdings, Inc. (Containers & Packaging) | 4,256 | 435,006 | |
Ecolab, Inc. (Chemicals) | 413 | 85,066 | |
Reliance Steel & Aluminum Co. (Metals & Mining) | 258 | 38,932 | |
634,109 | |||
Real Estate–1.4% | |||
Brixmor Property Group, Inc. (Equity REIT) | 635 | 14,535 | |
CBRE Group, Inc. Class A (Real Estate Mgmt. & Development) | (a) | 613 | 52,552 |
Equinix, Inc. (Equity REIT) | 1,541 | 1,236,807 | |
Prologis, Inc. (Equity REIT) | 2,564 | 306,475 | |
1,610,369 | |||
Utilities–0.2% | |||
Eversource Energy (Electric Utilities) | 1,917 | 153,820 | |
OGE Energy Corp. (Electric Utilities) | 1,495 | 50,307 | |
204,127 | |||
Total Common Stocks (Cost $95,031,116) | $120,291,443 |
Money Market Funds–1.3% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 1,477,893 | $ 1,478,337 |
Total Money Market Funds (Cost $1,478,337) | $ 1,478,337 | ||
Total Investments – 103.0% (Cost $96,509,453) | (c) | $121,769,780 | |
Liabilities in Excess of Other Assets – (3.0)% | (d) | (3,528,346) | |
Net Assets – 100.0% | $118,241,434 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(d) | Includes $64,000 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Ohio National Fund, Inc. | ON BlackRock Advantage Large Cap Growth Portfolio (Continued) |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini Nasdaq-100 Index - Long | 4 | September 17, 2021 | $1,139,202 | $1,163,920 | $24,718 | $(1,120) |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Unaudited) |
Average Annual returns | |
One year | 22.18% |
Five years | 14.05% |
Since inception (5/1/14) | 10.99% |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Unaudited) (Continued) |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 50.2 |
Corporate Bonds (4) | 15.4 |
Purchased Options | 10.6 |
U.S. Treasury Obligations | 9.8 |
Asset-Backed / Mortgage-Backed Securities (4) | 6.1 |
U.S. Government Agency Mortgage-Backed Securities | 2.2 |
Exchange Traded Funds | 1.9 |
Preferred Securities (4) | 0.8 |
Sovereign Issues | 0.7 |
Municipal Bonds | 0.1 |
Money Market Funds and Other Net Assets | 2.2 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Microsoft Corp. | 4.0 |
2. | Alphabet, Inc. Class C | 3.4 |
3. | Amazon.com, Inc. | 2.4 |
4. | Facebook, Inc. Class A | 2.3 |
5. | SPDR S&P 500 ETF Trust | 1.9 |
6. | Visa, Inc. | 1.8 |
7. | U.S. Treasury Note 0.500%, 03/31/2025 | 1.7 |
8. | UnitedHealth Group, Inc. | 1.7 |
9. | U.S. Treasury Note 0.375%, 03/31/2022 | 1.4 |
10. | Home Depot, Inc. / The | 1.3 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks, Corporate Bonds, Preferred Securities, Asset-Backed / Mortgage Backed Securities): |
% of Net Assets | |
Information Technology | 17.8 |
Financials | 12.0 |
Consumer Discretionary | 9.3 |
Communication Services | 9.1 |
Health Care | 8.9 |
Consumer Staples | 5.0 |
Industrials | 4.5 |
Utilities | 2.1 |
Materials | 1.7 |
Energy | 1.4 |
Real Estate | 0.7 |
72.5 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–50.2% | Shares | Value | |
Communication Services–7.3% | |||
Activision Blizzard, Inc. (Entertainment) | 15,640 | $ 1,492,682 | |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 6,223 | 15,596,828 |
Comcast Corp. Class A (Media) | 18,947 | 1,080,358 | |
Electronic Arts, Inc. (Entertainment) | 15,554 | 2,237,132 | |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 29,585 | 10,286,999 |
Take-Two Interactive Software, Inc. (Entertainment) | (a) | 5,936 | 1,050,791 |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 20,917 | 1,171,979 | |
32,916,769 | |||
Consumer Discretionary–7.3% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 3,245 | 11,163,318 |
AutoZone, Inc. (Specialty Retail) | (a) | 1,634 | 2,438,288 |
Burlington Stores, Inc. (Specialty Retail) | (a) | 1,713 | 551,569 |
Carter's, Inc. (Textiles, Apparel & Luxury Goods) | 4,960 | 511,723 | |
Chegg, Inc. (Diversified Consumer Svs.) | (a) | 8,855 | 735,939 |
Deckers Outdoor Corp. (Textiles, Apparel & Luxury Goods) | (a) | 2,968 | 1,139,920 |
Dollar General Corp. (Multiline Retail) | 1,436 | 310,736 | |
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 2,670 | 1,245,528 | |
Etsy, Inc. (Internet & Direct Marketing Retail) | (a) | 6,170 | 1,270,033 |
Garmin Ltd. (Household Durables) | 5,960 | 862,054 | |
Home Depot, Inc. / The (Specialty Retail) | 18,300 | 5,835,687 | |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 2,193 | 506,561 | |
NIKE, Inc. Class B (Textiles, Apparel & Luxury Goods) | 26,208 | 4,048,874 | |
O'Reilly Automotive, Inc. (Specialty Retail) | (a) | 2,964 | 1,678,247 |
Ross Stores, Inc. (Specialty Retail) | 8,050 | 998,200 | |
33,296,677 | |||
Consumer Staples–3.2% | |||
British American Tobacco PLC – ADR (Tobacco) | 11,560 | 454,423 | |
Coca-Cola Co. / The (Beverages) | 23,098 | 1,249,833 | |
Colgate-Palmolive Co. (Household Products) | 5,390 | 438,476 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 8,024 | 3,174,856 | |
Koninklijke Ahold Delhaize N.V. – ADR (Food & Staples Retailing) | 19,210 | 570,343 | |
Monster Beverage Corp. (Beverages) | (a) | 39,822 | 3,637,740 |
Philip Morris International, Inc. (Tobacco) | 19,320 | 1,914,805 | |
Procter & Gamble Co. / The (Household Products) | 9,818 | 1,324,743 | |
Walmart, Inc. (Food & Staples Retailing) | 11,742 | 1,655,857 | |
14,421,076 | |||
Energy–0.2% | |||
Royal Dutch Shell PLC Class B – ADR (Oil, Gas & Consumable Fuels) | 23,527 | 913,553 | |
Financials–2.5% | |||
Bank of America Corp. (Banks) | 16,730 | 689,778 | |
CME Group, Inc. (Capital Markets) | 7,217 | 1,534,912 | |
Everest Re Group Ltd. (Insurance) | 3,520 | 887,075 | |
Intercontinental Exchange, Inc. (Capital Markets) | 9,039 | 1,072,929 | |
JPMorgan Chase & Co. (Banks) | 12,155 | 1,890,589 | |
MarketAxess Holdings, Inc. (Capital Markets) | 661 | 306,433 | |
Marsh & McLennan Cos., Inc. (Insurance) | 3,740 | 526,143 | |
Progressive Corp. / The (Insurance) | 11,755 | 1,154,459 | |
S&P Global, Inc. (Capital Markets) | 3,621 | 1,486,239 | |
T. Rowe Price Group, Inc. (Capital Markets) | 5,836 | 1,155,353 | |
U.S. Bancorp (Banks) | 14,391 | 819,855 | |
11,523,765 | |||
Health Care–7.9% | |||
ABIOMED, Inc. (Health Care Equip. & Supplies) | (a) | 1,697 | 529,651 |
Align Technology, Inc. (Health Care Equip. & Supplies) | (a) | 3,775 | 2,306,525 |
Anthem, Inc. (Health Care Providers & Svs.) | 3,522 | 1,344,700 | |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 7,679 | 513,111 | |
Edwards Lifesciences Corp. (Health Care Equip. & Supplies) | (a) | 23,899 | 2,475,219 |
Eli Lilly & Co. (Pharmaceuticals) | 4,281 | 982,575 | |
IDEXX Laboratories, Inc. (Health Care Equip. & Supplies) | (a) | 2,430 | 1,534,666 |
Illumina, Inc. (Life Sciences Tools & Svs.) | (a) | 1,570 | 742,940 |
Intuitive Surgical, Inc. (Health Care Equip. & Supplies) | (a) | 4,230 | 3,890,077 |
Johnson & Johnson (Pharmaceuticals) | 6,910 | 1,138,353 | |
Medtronic PLC (Health Care Equip. & Supplies) | 6,431 | 798,280 | |
Merck & Co., Inc. (Pharmaceuticals) | 17,094 | 1,329,400 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Mettler-Toledo International, Inc. (Life Sciences Tools & Svs.) | (a) | 360 | $ 498,722 |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | (a) | 872 | 487,047 |
Roche Holding AG – ADR (Pharmaceuticals) | 29,110 | 1,367,879 | |
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Svs.) | 1,440 | 726,437 | |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 19,214 | 7,694,054 | |
Veeva Systems, Inc. Class A (Health Care Technology) | (a) | 2,770 | 861,332 |
Vertex Pharmaceuticals, Inc. (Biotechnology) | (a) | 11,417 | 2,302,010 |
Zoetis, Inc. (Pharmaceuticals) | 22,892 | 4,266,153 | |
35,789,131 | |||
Industrials–2.9% | |||
Allegion PLC (Building Products) | 6,210 | 865,053 | |
AMETEK, Inc. (Electrical Equip.) | 4,740 | 632,790 | |
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 3,230 | 302,554 | |
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 15,612 | 2,058,130 |
Generac Holdings, Inc. (Electrical Equip.) | (a) | 2,380 | 988,057 |
IDEX Corp. (Machinery) | 3,130 | 688,756 | |
L3Harris Technologies, Inc. (Aerospace & Defense) | 5,537 | 1,196,823 | |
Lennox International, Inc. (Building Products) | 1,170 | 410,436 | |
Lockheed Martin Corp. (Aerospace & Defense) | 2,870 | 1,085,864 | |
Masco Corp. (Building Products) | 9,533 | 561,589 | |
Regal Beloit Corp. (Electrical Equip.) | 4,380 | 584,774 | |
RELX PLC – ADR (Professional Svs.) | 18,750 | 500,063 | |
Robert Half International, Inc. (Professional Svs.) | 6,800 | 604,996 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 4,164 | 1,957,913 | |
Trex Co., Inc. (Building Products) | (a) | 4,873 | 498,069 |
12,935,867 | |||
Information Technology–16.7% | |||
Adobe, Inc. (Software) | (a) | 8,717 | 5,105,024 |
Amdocs Ltd. (IT Svs.) | 6,750 | 522,180 | |
Amphenol Corp. Class A (Electronic Equip., Instr. & Comp.) | 12,808 | 876,195 | |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 25,267 | 3,460,568 | |
Arista Networks, Inc. (Communications Equip.) | (a) | 3,029 | 1,097,437 |
ASML Holding N.V. (Semiconductors & Equip.) | 2,860 | 1,975,802 | |
Automatic Data Processing, Inc. (IT Svs.) | 5,183 | 1,029,448 | |
Booz Allen Hamilton Holding Corp. (IT Svs.) | 6,780 | 577,520 | |
Broadcom, Inc. (Semiconductors & Equip.) | 2,170 | 1,034,743 | |
CDW Corp. (Electronic Equip., Instr. & Comp.) | 6,514 | 1,137,670 | |
Check Point Software Technologies Ltd. (Software) | (a) | 4,360 | 506,327 |
Citrix Systems, Inc. (Software) | 8,848 | 1,037,605 | |
Cognex Corp. (Electronic Equip., Instr. & Comp.) | 7,580 | 637,099 | |
EPAM Systems, Inc. (IT Svs.) | (a) | 2,227 | 1,137,908 |
Fidelity National Information Services, Inc. (IT Svs.) | 6,475 | 917,313 | |
Fortinet, Inc. (Software) | (a) | 8,294 | 1,975,548 |
Genpact Ltd. (IT Svs.) | 21,640 | 983,105 | |
IPG Photonics Corp. (Electronic Equip., Instr. & Comp.) | (a) | 5,816 | 1,225,838 |
KLA Corp. (Semiconductors & Equip.) | 2,818 | 913,624 | |
Mastercard, Inc. Class A (IT Svs.) | 2,928 | 1,068,984 | |
Microsoft Corp. (Software) | 67,029 | 18,158,155 | |
Motorola Solutions, Inc. (Communications Equip.) | 4,900 | 1,062,565 | |
Nice Ltd. – ADR (Software) | (a) | 1,650 | 408,309 |
NortonLifeLock, Inc. (Software) | 44,110 | 1,200,674 | |
NVIDIA Corp. (Semiconductors & Equip.) | 3,626 | 2,901,163 | |
Oracle Corp. (Software) | 28,195 | 2,194,699 | |
Paychex, Inc. (IT Svs.) | 19,531 | 2,095,676 | |
PayPal Holdings, Inc. (IT Svs.) | (a) | 12,310 | 3,588,119 |
QUALCOMM, Inc. (Semiconductors & Equip.) | 23,201 | 3,316,119 | |
ServiceNow, Inc. (Software) | (a) | 970 | 533,064 |
Texas Instruments, Inc. (Semiconductors & Equip.) | 11,874 | 2,283,370 | |
Tyler Technologies, Inc. (Software) | (a) | 1,700 | 769,029 |
Visa, Inc. (IT Svs.) | 34,436 | 8,051,826 | |
Xilinx, Inc. (Semiconductors & Equip.) | 14,713 | 2,128,088 | |
75,910,794 | |||
Materials–1.0% | |||
Reliance Steel & Aluminum Co. (Metals & Mining) | 7,282 | 1,098,854 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks (Continued) | Shares | Value | |
Materials (continued) | |||
Sealed Air Corp. (Containers & Packaging) | 9,880 | $ 585,390 | |
Sherwin-Williams Co. / The (Chemicals) | 10,760 | 2,931,562 | |
4,615,806 | |||
Real Estate–0.3% | |||
American Campus Communities, Inc. (Equity REIT) | 7,110 | 332,179 | |
CubeSmart (Equity REIT) | 10,440 | 483,581 | |
Sun Communities, Inc. (Equity REIT) | 2,780 | 476,492 | |
1,292,252 | |||
Utilities–0.9% | |||
Alliant Energy Corp. (Electric Utilities) | 12,322 | 687,075 | |
Ameren Corp. (Multi-Utilities) | 10,481 | 838,899 | |
American Electric Power Co., Inc. (Electric Utilities) | 3,530 | 298,603 | |
Dominion Energy, Inc. (Multi-Utilities) | 10,460 | 769,542 | |
NextEra Energy, Inc. (Electric Utilities) | 19,310 | 1,415,037 | |
4,009,156 | |||
Total Common Stocks (Cost $149,871,020) | $227,624,846 |
Corporate Bonds–15.4% | Rate | Maturity | Face Amount | Value | |
Communication Services–1.8% | |||||
AT&T, Inc. (Diversified Telecom. Svs.) | (b) | 3.500% | 09/15/2053 | $ 293,000 | $ 294,369 |
AT&T, Inc. (Diversified Telecom. Svs.) | (b) | 3.550% | 09/15/2055 | 123,000 | 123,413 |
AT&T, Inc. (Diversified Telecom. Svs.) | (b) | 3.800% | 12/01/2057 | 208,000 | 216,712 |
AT&T, Inc. (Diversified Telecom. Svs.) | (b) | 3.650% | 09/15/2059 | 33,000 | 33,465 |
Cable One, Inc. (Media) | (b) | 4.000% | 11/15/2030 | 129,000 | 129,484 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (b) | 4.500% | 08/15/2030 | 59,000 | 61,432 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (b) | 4.500% | 06/01/2033 | 209,000 | 213,861 |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 5.050% | 03/30/2029 | 519,000 | 613,038 | |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 2.800% | 04/01/2031 | 502,000 | 513,200 | |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 6.484% | 10/23/2045 | 62,000 | 85,385 | |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 5.375% | 05/01/2047 | 49,000 | 60,045 | |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 4.800% | 03/01/2050 | 265,000 | 304,366 | |
Comcast Corp. (Media) | 3.100% | 04/01/2025 | 80,000 | 86,434 | |
Comcast Corp. (Media) | 3.150% | 03/01/2026 | 146,000 | 158,842 | |
Comcast Corp. (Media) | 3.300% | 04/01/2027 | 218,000 | 240,262 | |
Comcast Corp. (Media) | 4.150% | 10/15/2028 | 123,000 | 142,380 | |
Comcast Corp. (Media) | 2.650% | 02/01/2030 | 113,000 | 118,952 | |
Comcast Corp. (Media) | 3.400% | 04/01/2030 | 218,000 | 240,638 | |
Comcast Corp. (Media) | 4.250% | 10/15/2030 | 205,000 | 241,108 | |
Comcast Corp. (Media) | 4.600% | 10/15/2038 | 122,000 | 151,207 | |
Comcast Corp. (Media) | 3.750% | 04/01/2040 | 87,000 | 98,073 | |
Comcast Corp. (Media) | 4.950% | 10/15/2058 | 111,000 | 153,492 | |
Discovery Communications LLC (Media) | 5.200% | 09/20/2047 | 75,000 | 93,209 | |
Discovery Communications LLC (Media) | 5.300% | 05/15/2049 | 35,000 | 44,264 | |
Discovery Communications LLC (Media) | 4.650% | 05/15/2050 | 27,000 | 31,596 | |
Fox Corp. (Media) | 5.576% | 01/25/2049 | 178,000 | 240,280 | |
Level 3 Financing, Inc. (Diversified Telecom. Svs.) | (b) | 3.875% | 11/15/2029 | 309,000 | 330,948 |
Lumen Technologies, Inc. (Diversified Telecom. Svs.) | 5.800% | 03/15/2022 | 102,000 | 104,967 | |
Netflix, Inc. (Entertainment) | 5.875% | 11/15/2028 | 310,000 | 380,503 | |
Sirius XM Radio, Inc. (Media) | (b) | 4.000% | 07/15/2028 | 223,000 | 229,690 |
Tencent Holdings Ltd. (Interactive Media & Svs.) | (b) | 1.810% | 01/26/2026 | 201,000 | 204,110 |
Tencent Holdings Ltd. (Interactive Media & Svs.) | 2.390% | 06/03/2030 | 200,000 | 199,255 | |
Tencent Holdings Ltd. (Interactive Media & Svs.) | (b) | 3.240% | 06/03/2050 | 201,000 | 196,768 |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.500% | 04/15/2025 | 264,000 | 286,135 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 2.625% | 04/15/2026 | 70,000 | 71,575 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 2.625% | 02/15/2029 | 46,000 | 45,425 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.375% | 04/15/2029 | 28,000 | 28,896 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.875% | 04/15/2030 | 226,000 | 252,627 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 2.875% | 02/15/2031 | 143,000 | 141,928 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 4.375% | 04/15/2040 | 78,000 | 91,439 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 4.500% | 04/15/2050 | 91,000 | 108,357 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 3.150% | 03/22/2030 | 108,000 | 116,615 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Communication Services (continued) | |||||
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.522% | 09/15/2048 | $ 69,000 | $ 85,357 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.000% | 03/22/2050 | 77,000 | 88,428 | |
Weibo Corp. (Interactive Media & Svs.) | 3.375% | 07/08/2030 | 527,000 | 550,093 | |
8,202,623 | |||||
Consumer Discretionary–1.9% | |||||
1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure) | (b) | 3.500% | 02/15/2029 | 270,000 | 266,625 |
Advance Auto Parts, Inc. (Specialty Retail) | 3.900% | 04/15/2030 | 344,000 | 383,383 | |
Alibaba Group Holding Ltd. (Internet & Direct Marketing Retail) | 2.125% | 02/09/2031 | 459,000 | 451,206 | |
AutoZone, Inc. (Specialty Retail) | 3.750% | 04/18/2029 | 303,000 | 337,691 | |
Booking Holdings, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 04/13/2030 | 404,000 | 482,083 | |
Dollar General Corp. (Multiline Retail) | 3.500% | 04/03/2030 | 187,000 | 205,433 | |
General Motors Co. (Automobiles) | 6.125% | 10/01/2025 | 79,000 | 93,520 | |
General Motors Co. (Automobiles) | 4.200% | 10/01/2027 | 94,000 | 104,813 | |
General Motors Co. (Automobiles) | 6.800% | 10/01/2027 | 107,000 | 134,774 | |
General Motors Co. (Automobiles) | 5.000% | 10/01/2028 | 269,000 | 315,382 | |
General Motors Co. (Automobiles) | 5.400% | 04/01/2048 | 90,000 | 114,636 | |
Hasbro, Inc. (Leisure Products) | 3.900% | 11/19/2029 | 519,000 | 577,066 | |
InRetail Consumer (Multiline Retail) | (b) | 3.250% | 03/22/2028 | 229,000 | 226,053 |
Las Vegas Sands Corp. (Hotels, Restaurants & Leisure) | 3.900% | 08/08/2029 | 354,000 | 376,873 | |
Levi Strauss & Co. (Textiles, Apparel & Luxury Goods) | (b) | 3.500% | 03/01/2031 | 153,000 | 152,113 |
Marriott International, Inc. (Hotels, Restaurants & Leisure) | 5.750% | 05/01/2025 | 361,000 | 416,702 | |
Mattel, Inc. (Leisure Products) | (b) | 3.375% | 04/01/2026 | 128,000 | 132,800 |
Mattel, Inc. (Leisure Products) | (b) | 3.750% | 04/01/2029 | 127,000 | 132,080 |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 3.500% | 07/01/2027 | 272,000 | 301,412 | |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 2.625% | 09/01/2029 | 294,000 | 308,886 | |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 3.625% | 09/01/2049 | 90,000 | 99,732 | |
MDC Holdings, Inc. (Household Durables) | 6.000% | 01/15/2043 | 150,000 | 193,305 | |
Newell Brands, Inc. (Household Durables) | 4.875% | 06/01/2025 | 27,000 | 29,869 | |
Newell Brands, Inc. (Household Durables) | 4.700% | 04/01/2026 | 113,000 | 126,009 | |
NIKE, Inc. (Textiles, Apparel & Luxury Goods) | 2.400% | 03/27/2025 | 98,000 | 103,677 | |
NIKE, Inc. (Textiles, Apparel & Luxury Goods) | 2.750% | 03/27/2027 | 152,000 | 163,827 | |
Nissan Motor Co. Ltd. (Automobiles) | (b) | 4.345% | 09/17/2027 | 430,000 | 472,671 |
O'Reilly Automotive, Inc. (Specialty Retail) | 3.600% | 09/01/2027 | 6,000 | 6,716 | |
O'Reilly Automotive, Inc. (Specialty Retail) | 4.350% | 06/01/2028 | 47,000 | 54,376 | |
O'Reilly Automotive, Inc. (Specialty Retail) | 3.900% | 06/01/2029 | 232,000 | 261,960 | |
Prosus N.V. (Internet & Direct Marketing Retail) | (b) | 3.680% | 01/21/2030 | 216,000 | 230,668 |
Ross Stores, Inc. (Specialty Retail) | 4.700% | 04/15/2027 | 280,000 | 323,639 | |
Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | (b) | 10.875% | 06/01/2023 | 136,000 | 154,870 |
Royal Caribbean Cruises Ltd. (Hotels, Restaurants & Leisure) | (b) | 11.500% | 06/01/2025 | 240,000 | 276,600 |
Starbucks Corp. (Hotels, Restaurants & Leisure) | 4.450% | 08/15/2049 | 180,000 | 223,266 | |
Wynn Macau Ltd. (Hotels, Restaurants & Leisure) | (b) | 5.625% | 08/26/2028 | 292,000 | 304,410 |
8,539,126 | |||||
Consumer Staples–1.8% | |||||
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | (b) | 3.500% | 03/15/2029 | 156,000 | 154,245 |
Alimentation Couche-Tard, Inc. (Food & Staples Retailing) | (b) | 2.950% | 01/25/2030 | 77,000 | 79,895 |
Altria Group, Inc. (Tobacco) | 4.800% | 02/14/2029 | 106,000 | 122,894 | |
Altria Group, Inc. (Tobacco) | 3.400% | 05/06/2030 | 280,000 | 295,304 | |
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.900% | 02/01/2046 | 268,000 | 339,221 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 3.500% | 06/01/2030 | 570,000 | 634,060 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.350% | 06/01/2040 | 190,000 | 226,146 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.500% | 06/01/2050 | 192,000 | 233,662 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.750% | 04/15/2058 | 162,000 | 203,121 | |
B.A.T. Capital Corp. (Tobacco) | 4.700% | 04/02/2027 | 180,000 | 203,400 | |
B.A.T. Capital Corp. (Tobacco) | 2.259% | 03/25/2028 | 435,000 | 431,737 | |
Campbell Soup Co. (Food Products) | 3.950% | 03/15/2025 | 113,000 | 124,636 | |
Cargill, Inc. (Food Products) | (b) | 1.375% | 07/23/2023 | 77,000 | 78,427 |
Cargill, Inc. (Food Products) | (b) | 2.125% | 04/23/2030 | 113,000 | 114,432 |
Cencosud SA (Food & Staples Retailing) | 5.150% | 02/12/2025 | 276,000 | 304,980 | |
Coca-Cola Co. / The (Beverages) | 3.375% | 03/25/2027 | 263,000 | 292,949 | |
Coca-Cola Co. / The (Beverages) | 3.450% | 03/25/2030 | 182,000 | 204,945 | |
Coca-Cola Co. / The (Beverages) | 4.200% | 03/25/2050 | 197,000 | 247,786 | |
Estee Lauder Cos., Inc. / The (Personal Products) | 2.600% | 04/15/2030 | 412,000 | 434,921 | |
Fomento Economico Mexicano S.A.B de C.V. (Beverages) | 3.500% | 01/16/2050 | 182,000 | 191,420 | |
J.M. Smucker Co. / The (Food Products) | 2.375% | 03/15/2030 | 165,000 | 168,083 | |
JBS U.S.A. LUX SA / JBS U.S.A. Finance, Inc. (Food Products) | (b) | 6.750% | 02/15/2028 | 76,000 | 83,505 |
Kimberly-Clark de Mexico S.A.B de C.V. (Household Products) | (b) | 2.431% | 07/01/2031 | 274,000 | 271,285 |
Mars, Inc. (Food Products) | (b) | 2.700% | 04/01/2025 | 113,000 | 119,985 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Consumer Staples (continued) | |||||
Mars, Inc. (Food Products) | (b) | 3.200% | 04/01/2030 | $ 28,000 | $ 30,641 |
Mondelez International Holdings Netherlands BV (Food Products) | (b) | 2.250% | 09/19/2024 | 249,000 | 260,052 |
Mondelez International, Inc. (Food Products) | 2.750% | 04/13/2030 | 41,000 | 43,187 | |
Natura Cosmeticos SA (Personal Products) | (b) | 4.125% | 05/03/2028 | 230,000 | 235,750 |
PepsiCo, Inc. (Beverages) | 2.250% | 03/19/2025 | 187,000 | 196,519 | |
PepsiCo, Inc. (Beverages) | 2.625% | 03/19/2027 | 58,000 | 62,283 | |
PepsiCo, Inc. (Beverages) | 3.625% | 03/19/2050 | 155,000 | 181,471 | |
PepsiCo, Inc. (Beverages) | 3.875% | 03/19/2060 | 47,000 | 57,848 | |
Procter & Gamble Co. / The (Household Products) | 2.800% | 03/25/2027 | 119,000 | 128,989 | |
Procter & Gamble Co. / The (Household Products) | 3.000% | 03/25/2030 | 68,000 | 75,026 | |
Sysco Corp. (Food & Staples Retailing) | 5.650% | 04/01/2025 | 217,000 | 251,386 | |
Sysco Corp. (Food & Staples Retailing) | 2.400% | 02/15/2030 | 72,000 | 73,109 | |
Sysco Corp. (Food & Staples Retailing) | 5.950% | 04/01/2030 | 314,000 | 402,724 | |
Sysco Corp. (Food & Staples Retailing) | 6.600% | 04/01/2050 | 302,000 | 469,116 | |
8,029,140 | |||||
Energy–1.2% | |||||
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 2.939% | 06/04/2051 | 479,000 | 458,583 | |
Cenovus Energy, Inc. (Oil, Gas & Consumable Fuels) | 5.375% | 07/15/2025 | 35,000 | 40,041 | |
Cenovus Energy, Inc. (Oil, Gas & Consumable Fuels) | 4.400% | 04/15/2029 | 164,000 | 185,460 | |
Cheniere Corpus Christi Holdings LLC (Oil, Gas & Consumable Fuels) | 3.700% | 11/15/2029 | 557,000 | 608,401 | |
Chevron U.S.A., Inc. (Oil, Gas & Consumable Fuels) | 5.250% | 11/15/2043 | 227,000 | 308,568 | |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | (b) | 4.500% | 01/15/2030 | 287,000 | 315,527 |
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 5.600% | 07/15/2041 | 195,000 | 241,112 | |
Enbridge Energy Partners LP (Oil, Gas & Consumable Fuels) | 7.375% | 10/15/2045 | 263,000 | 412,654 | |
Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.875% | 01/15/2024 | 127,000 | 140,729 | |
Energy Transfer LP (Oil, Gas & Consumable Fuels) | 6.250% | 04/15/2049 | 196,000 | 257,200 | |
Hess Corp. (Oil, Gas & Consumable Fuels) | 4.300% | 04/01/2027 | 258,000 | 287,145 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 4.300% | 03/01/2028 | 69,000 | 78,760 | |
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 6.500% | 03/01/2041 | 67,000 | 92,993 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 6.350% | 01/15/2031 | 127,000 | 164,232 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 5.200% | 07/15/2048 | 25,000 | 30,634 | |
Plains All American Pipeline LP (Oil, Gas & Consumable Fuels) | 4.650% | 10/15/2025 | 241,000 | 269,627 | |
Suncor Energy, Inc. (Oil, Gas & Consumable Fuels) | 6.800% | 05/15/2038 | 223,000 | 320,132 | |
Tengizchevroil Finance Co. International Ltd. (Oil, Gas & Consumable Fuels) | (b) | 3.250% | 08/15/2030 | 205,000 | 208,710 |
TransCanada PipeLines Ltd. (Oil, Gas & Consumable Fuels) | 4.100% | 04/15/2030 | 413,000 | 474,599 | |
TransCanada PipeLines Ltd. (Oil, Gas & Consumable Fuels) | 6.100% | 06/01/2040 | 235,000 | 322,491 | |
5,217,598 | |||||
Financials–2.8% | |||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Diversified Financial Svs.) | 6.500% | 07/15/2025 | 271,000 | 317,859 | |
Alleghany Corp. (Insurance) | 3.625% | 05/15/2030 | 291,000 | 321,030 | |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 2.875% | 01/20/2022 | 25,000 | 25,254 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 3.875% | 05/01/2023 | 122,000 | 127,821 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 4.375% | 01/30/2024 | 50,000 | 53,626 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 5.500% | 12/15/2024 | 148,000 | 167,289 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 4.125% | 08/01/2025 | 3,000 | 3,240 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 4.875% | 10/01/2025 | 57,000 | 63,291 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 1.950% | 01/30/2026 | 167,000 | 167,045 |
Aviation Capital Group LLC (Diversified Financial Svs.) | (b) | 3.500% | 11/01/2027 | 50,000 | 52,534 |
Banco de Credito del Peru (Rate is fixed until 07/01/2025, at which point, the rate becomes H15T5Y + 300) (Banks) | (b)(c) | 3.125% | 07/01/2030 | 244,000 | 242,695 |
Bank of America Corp. (Rate is fixed until 04/24/2027, at which point, the rate becomes QL + 151) (Banks) | (c) | 3.705% | 04/24/2028 | 501,000 | 553,997 |
Bank of America Corp. (Rate is fixed until 03/05/2028, at which point, the rate becomes QL + 107) (Banks) | (c) | 3.970% | 03/05/2029 | 177,000 | 199,523 |
Bank of America Corp. (Rate is fixed until 04/29/2030, at which point, the rate becomes SOFR + 215) (Banks) | (c) | 2.592% | 04/29/2031 | 678,000 | 698,975 |
BNP Paribas SA (Rate is fixed until 11/19/2024, at which point, the rate becomes QL + 111) (Banks) | (b)(c) | 2.819% | 11/19/2025 | 306,000 | 321,955 |
BNP Paribas SA (Rate is fixed until 01/13/2030, at which point, the rate becomes SOFR + 151) (Banks) | (b)(c) | 3.052% | 01/13/2031 | 333,000 | 351,085 |
Charles Schwab Corp. / The (Capital Markets) | 4.625% | 03/22/2030 | 299,000 | 363,833 | |
Citigroup, Inc. (Rate is fixed until 01/10/2027, at which point, the rate becomes QL + 156) (Banks) | (c) | 3.887% | 01/10/2028 | 570,000 | 634,379 |
Citigroup, Inc. (Rate is fixed until 04/23/2028, at which point, the rate becomes QL + 119) (Banks) | (c) | 4.075% | 04/23/2029 | 212,000 | 240,439 |
Citigroup, Inc. (Rate is fixed until 03/20/2029, at which point, the rate becomes QL + 134) (Banks) | (c) | 3.980% | 03/20/2030 | 145,000 | 164,234 |
Citigroup, Inc. (Rate is fixed until 03/31/2030, at which point, the rate becomes SOFR + 391) (Banks) | (c) | 4.412% | 03/31/2031 | 380,000 | 443,714 |
Citizens Financial Group, Inc. (Banks) | 2.638% | 09/30/2032 | 114,000 | 114,002 | |
Credit Suisse Group AG (Rate is fixed until 05/14/2031, at which point, the rate becomes SOFR + 173) (Capital Markets) | (b)(c) | 3.091% | 05/14/2032 | 280,000 | 288,471 |
GE Capital Funding LLC (Diversified Financial Svs.) | 4.400% | 05/15/2030 | 401,000 | 467,298 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Financials (continued) | |||||
General Motors Financial Co., Inc. (Consumer Finance) | 4.350% | 04/09/2025 | $ 177,000 | $ 195,584 | |
General Motors Financial Co., Inc. (Consumer Finance) | 4.300% | 07/13/2025 | 54,000 | 59,677 | |
General Motors Financial Co., Inc. (Consumer Finance) | 4.350% | 01/17/2027 | 99,000 | 111,305 | |
Goldman Sachs Group, Inc. / The (Rate is fixed until 04/22/2031, at which point, the rate becomes SOFR + 128) (Capital Markets) | (c) | 2.615% | 04/22/2032 | 306,000 | 312,600 |
Harley-Davidson Financial Services, Inc. (Consumer Finance) | (b) | 3.350% | 06/08/2025 | 406,000 | 434,276 |
HSBC Holdings PLC (Rate is fixed until 03/30/2025, at which point, the rate becomes USISDA05 + 437) (Banks) | (c) | 6.375% | Perpetual | 212,000 | 236,338 |
ING Groep N.V. (Rate is fixed until 04/01/2031, at which point, the rate becomes SOFR + 132) (Banks) | (c) | 2.727% | 04/01/2032 | 456,000 | 468,960 |
JPMorgan Chase & Co. (Rate is fixed until 12/05/2028, at which point, the rate becomes QL + 133) (Banks) | (c) | 4.452% | 12/05/2029 | 460,000 | 537,904 |
JPMorgan Chase & Co. (Rate is fixed until 10/15/2029, at which point, the rate becomes SOFR + 151) (Banks) | (c) | 2.739% | 10/15/2030 | 218,000 | 228,160 |
JPMorgan Chase & Co. (Rate is fixed until 03/24/2030, at which point, the rate becomes SOFR + 379) (Banks) | (c) | 4.493% | 03/24/2031 | 171,000 | 202,511 |
JPMorgan Chase & Co. (Rate is fixed until 04/22/2031, at which point, the rate becomes SOFR + 125) (Banks) | (c) | 2.580% | 04/22/2032 | 458,000 | 470,064 |
Morgan Stanley (Capital Markets) | 3.950% | 04/23/2027 | 396,000 | 442,478 | |
Morgan Stanley (Rate is fixed until 01/23/2029, at which point, the rate becomes QL + 163) (Capital Markets) | (c) | 4.431% | 01/23/2030 | 408,000 | 477,723 |
SLM Corp. (Consumer Finance) | 4.200% | 10/29/2025 | 233,000 | 250,475 | |
Swiss ReFinance Luxembourg S.A. (Consumer Finance) | 5.000% | 04/02/2049 | 200,000 | 227,450 | |
UniCredit SpA (Rate is fixed until 06/03/2031, at which point, the rate becomes H15T1Y + 155) (Banks) | (b)(c) | 3.127% | 06/03/2032 | 200,000 | 200,440 |
Wells Fargo & Co. (Rate is fixed until 02/11/2025, at which point, the rate becomes QL + 75) (Banks) | (c) | 2.164% | 02/11/2026 | 651,000 | 675,683 |
Wells Fargo & Co. (Rate is fixed until 10/30/2029, at which point, the rate becomes SOFR + 143) (Banks) | (c) | 2.879% | 10/30/2030 | 298,000 | 315,572 |
Wells Fargo & Co. (Rate is fixed until 04/04/2030, at which point, the rate becomes SOFR + 403) (Banks) | (c) | 4.478% | 04/04/2031 | 545,000 | 644,182 |
12,874,971 | |||||
Health Care–1.0% | |||||
AbbVie, Inc. (Biotechnology) | 3.450% | 03/15/2022 | 292,000 | 296,924 | |
AbbVie, Inc. (Biotechnology) | 3.250% | 10/01/2022 | 175,000 | 179,927 | |
AbbVie, Inc. (Biotechnology) | 2.800% | 03/15/2023 | 14,000 | 14,464 | |
AbbVie, Inc. (Biotechnology) | 2.600% | 11/21/2024 | 165,000 | 173,984 | |
AbbVie, Inc. (Biotechnology) | 3.800% | 03/15/2025 | 210,000 | 229,708 | |
Baxter International, Inc. (Health Care Equip. & Supplies) | 3.950% | 04/01/2030 | 238,000 | 273,943 | |
Boston Scientific Corp. (Health Care Equip. & Supplies) | 3.750% | 03/01/2026 | 137,000 | 151,903 | |
Boston Scientific Corp. (Health Care Equip. & Supplies) | 4.000% | 03/01/2029 | 71,000 | 80,751 | |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 3.400% | 07/26/2029 | 125,000 | 140,086 | |
Centene Corp. (Health Care Providers & Svs.) | (b) | 5.375% | 06/01/2026 | 371,000 | 387,695 |
Centene Corp. (Health Care Providers & Svs.) | 4.250% | 12/15/2027 | 326,000 | 343,523 | |
Centene Corp. (Health Care Providers & Svs.) | 4.625% | 12/15/2029 | 376,000 | 413,514 | |
Centene Corp. (Health Care Providers & Svs.) | 3.375% | 02/15/2030 | 212,000 | 221,608 | |
Cigna Corp. (Health Care Providers & Svs.) | 2.400% | 03/15/2030 | 114,000 | 116,300 | |
Cigna Corp. (Health Care Providers & Svs.) | 3.200% | 03/15/2040 | 52,000 | 53,973 | |
Cigna Corp. (Health Care Providers & Svs.) | 3.400% | 03/15/2050 | 78,000 | 81,172 | |
CVS Health Corp. (Health Care Providers & Svs.) | 3.000% | 08/15/2026 | 33,000 | 35,593 | |
CVS Health Corp. (Health Care Providers & Svs.) | 4.300% | 03/25/2028 | 103,000 | 118,337 | |
CVS Health Corp. (Health Care Providers & Svs.) | 4.125% | 04/01/2040 | 141,000 | 163,565 | |
DH Europe Finance II SARL (Health Care Equip. & Supplies) | 2.200% | 11/15/2024 | 129,000 | 134,587 | |
DH Europe Finance II SARL (Health Care Equip. & Supplies) | 2.600% | 11/15/2029 | 71,000 | 74,231 | |
DH Europe Finance II SARL (Health Care Equip. & Supplies) | 3.400% | 11/15/2049 | 91,000 | 100,048 | |
Jazz Securities DAC (Pharmaceuticals) | (b) | 4.375% | 01/15/2029 | 230,000 | 238,464 |
Pfizer, Inc. (Pharmaceuticals) | 2.625% | 04/01/2030 | 80,000 | 85,198 | |
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Svs.) | 4.497% | 03/25/2030 | 372,000 | 442,947 | |
4,552,445 | |||||
Industrials–1.5% | |||||
Air Lease Corp. (Trading Companies & Distributors) | 2.875% | 01/15/2026 | 57,000 | 59,886 | |
Air Lease Corp. (Trading Companies & Distributors) | 3.625% | 04/01/2027 | 15,000 | 16,104 | |
Aircastle Ltd. (Trading Companies & Distributors) | 5.000% | 04/01/2023 | 13,000 | 13,906 | |
Aircastle Ltd. (Trading Companies & Distributors) | 4.400% | 09/25/2023 | 145,000 | 155,220 | |
Aircastle Ltd. (Trading Companies & Distributors) | 4.125% | 05/01/2024 | 58,000 | 61,842 | |
Aircastle Ltd. (Trading Companies & Distributors) | (b) | 5.250% | 08/11/2025 | 149,000 | 167,363 |
Aircastle Ltd. (Trading Companies & Distributors) | 4.250% | 06/15/2026 | 21,000 | 22,804 | |
Aircastle Ltd. (Trading Companies & Distributors) | (b) | 2.850% | 01/26/2028 | 332,000 | 333,641 |
Allison Transmission, Inc. (Machinery) | (b) | 3.750% | 01/30/2031 | 232,000 | 228,026 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Industrials (continued) | |||||
BAE Systems PLC (Aerospace & Defense) | (b) | 3.400% | 04/15/2030 | $ 200,000 | $ 217,381 |
Carrier Global Corp. (Building Products) | 2.242% | 02/15/2025 | 145,000 | 150,767 | |
Carrier Global Corp. (Building Products) | 2.493% | 02/15/2027 | 116,000 | 121,410 | |
CITIC Ltd. (Industrial Conglomerates) | 2.850% | 02/25/2030 | 230,000 | 234,105 | |
Delta Air Lines, Inc. / SkyMiles IP Ltd. (Airlines) | (b) | 4.500% | 10/20/2025 | 134,058 | 144,062 |
Delta Air Lines, Inc. / SkyMiles IP Ltd. (Airlines) | (b) | 4.750% | 10/20/2028 | 156,000 | 173,434 |
Embraer Netherlands Finance B.V. (Aerospace & Defense) | (b) | 6.950% | 01/17/2028 | 212,000 | 242,475 |
Equifax, Inc. (Professional Svs.) | 2.600% | 12/01/2024 | 423,000 | 445,138 | |
Equifax, Inc. (Professional Svs.) | 2.600% | 12/15/2025 | 147,000 | 154,706 | |
Equifax, Inc. (Professional Svs.) | 3.100% | 05/15/2030 | 240,000 | 257,731 | |
General Dynamics Corp. (Aerospace & Defense) | 3.625% | 04/01/2030 | 241,000 | 272,245 | |
General Dynamics Corp. (Aerospace & Defense) | 4.250% | 04/01/2040 | 167,000 | 204,359 | |
General Electric Co. (Industrial Conglomerates) | 3.450% | 05/01/2027 | 105,000 | 115,423 | |
General Electric Co. (Industrial Conglomerates) | 6.750% | 03/15/2032 | 129,000 | 178,812 | |
GFL Environmental, Inc. (Commercial Svs. & Supplies) | (b) | 3.500% | 09/01/2028 | 234,000 | 233,415 |
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 3.844% | 05/01/2025 | 205,000 | 223,393 | |
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 4.200% | 05/01/2030 | 366,000 | 418,013 | |
IHS Markit Ltd. (Professional Svs.) | 4.750% | 08/01/2028 | 16,000 | 18,866 | |
IHS Markit Ltd. (Professional Svs.) | 4.250% | 05/01/2029 | 66,000 | 76,375 | |
Northrop Grumman Corp. (Aerospace & Defense) | 4.400% | 05/01/2030 | 205,000 | 242,444 | |
Northrop Grumman Corp. (Aerospace & Defense) | 5.150% | 05/01/2040 | 90,000 | 118,102 | |
Northrop Grumman Corp. (Aerospace & Defense) | 5.250% | 05/01/2050 | 115,000 | 161,514 | |
United Parcel Service, Inc. (Air Freight & Logistics) | 3.900% | 04/01/2025 | 173,000 | 191,428 | |
United Parcel Service, Inc. (Air Freight & Logistics) | 4.450% | 04/01/2030 | 151,000 | 182,756 | |
Verisk Analytics, Inc. (Professional Svs.) | 5.500% | 06/15/2045 | 101,000 | 135,754 | |
Westinghouse Air Brake Technologies Corp. (Machinery) | 4.400% | 03/15/2024 | 189,000 | 204,779 | |
Westinghouse Air Brake Technologies Corp. (Machinery) | 3.200% | 06/15/2025 | 45,000 | 47,858 | |
Westinghouse Air Brake Technologies Corp. (Machinery) | 3.450% | 11/15/2026 | 66,000 | 70,836 | |
Westinghouse Air Brake Technologies Corp. (Machinery) | 4.950% | 09/15/2028 | 606,000 | 702,952 | |
6,999,325 | |||||
Information Technology–1.1% | |||||
Broadcom Corp. / Broadcom Cayman Finance Ltd. (Semiconductors & Equip.) | 3.500% | 01/15/2028 | 47,000 | 51,562 | |
Broadcom, Inc. (Semiconductors & Equip.) | 4.110% | 09/15/2028 | 44,000 | 49,497 | |
Broadcom, Inc. (Semiconductors & Equip.) | 5.000% | 04/15/2030 | 80,000 | 94,382 | |
Broadcom, Inc. (Semiconductors & Equip.) | 4.150% | 11/15/2030 | 539,000 | 604,443 | |
Global Payments, Inc. (IT Svs.) | 4.800% | 04/01/2026 | 185,000 | 211,512 | |
Global Payments, Inc. (IT Svs.) | 3.200% | 08/15/2029 | 75,000 | 80,277 | |
Infor, Inc. (Software) | (b) | 1.750% | 07/15/2025 | 106,000 | 108,147 |
Lam Research Corp. (Semiconductors & Equip.) | 4.000% | 03/15/2029 | 51,000 | 59,176 | |
Mastercard, Inc. (IT Svs.) | 3.350% | 03/26/2030 | 324,000 | 364,361 | |
Micron Technology, Inc. (Semiconductors & Equip.) | 2.497% | 04/24/2023 | 366,000 | 378,305 | |
Micron Technology, Inc. (Semiconductors & Equip.) | 4.185% | 02/15/2027 | 391,000 | 441,040 | |
Oracle Corp. (Software) | 2.875% | 03/25/2031 | 225,000 | 234,018 | |
Oracle Corp. (Software) | 3.950% | 03/25/2051 | 265,000 | 289,244 | |
PayPal Holdings, Inc. (IT Svs.) | 2.850% | 10/01/2029 | 240,000 | 258,831 | |
SK Hynix, Inc. (Semiconductors & Equip.) | (b) | 2.375% | 01/19/2031 | 304,000 | 296,014 |
VeriSign, Inc. (IT Svs.) | 2.700% | 06/15/2031 | 128,000 | 130,039 | |
Visa, Inc. (IT Svs.) | 1.900% | 04/15/2027 | 452,000 | 466,717 | |
Visa, Inc. (IT Svs.) | 2.050% | 04/15/2030 | 220,000 | 226,050 | |
VMware, Inc. (Software) | 4.500% | 05/15/2025 | 261,000 | 291,486 | |
VMware, Inc. (Software) | 4.650% | 05/15/2027 | 293,000 | 336,269 | |
4,971,370 | |||||
Materials–0.7% | |||||
Alpek S.A.B de C.V. (Chemicals) | (b) | 3.250% | 02/25/2031 | 383,000 | 387,600 |
Ardagh Metal Packaging Finance U.S.A. LLC / Ardagh Metal Packaging Finance PLC (Containers & Packaging) | (b) | 3.250% | 09/01/2028 | 308,000 | 307,108 |
Avery Dennison Corp. (Containers & Packaging) | 2.650% | 04/30/2030 | 299,000 | 307,117 | |
Axalta Coating Systems LLC (Chemicals) | (b) | 3.375% | 02/15/2029 | 220,000 | 215,050 |
Cemex S.A.B de C.V. (Construction Materials) | (b) | 3.875% | 07/11/2031 | 380,000 | 386,270 |
CSN Resources SA (Metals & Mining) | (b) | 4.625% | 06/10/2031 | 232,000 | 236,870 |
Ecolab, Inc. (Chemicals) | 4.800% | 03/24/2030 | 135,000 | 165,156 | |
Georgia-Pacific LLC (Paper & Forest Products) | (b) | 3.163% | 11/15/2021 | 99,000 | 99,581 |
Indonesia Asahan Aluminium Persero PT (Metals & Mining) | (b) | 4.750% | 05/15/2025 | 240,000 | 264,583 |
Industrias Penoles S.A.B de C.V. (Metals & Mining) | (b) | 4.750% | 08/06/2050 | 280,000 | 301,350 |
Ingevity Corp. (Chemicals) | (b) | 3.875% | 11/01/2028 | 188,000 | 186,590 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Materials (continued) | |||||
Suzano Austria GmbH (Paper & Forest Products) | 3.750% | 01/15/2031 | $ 56,000 | $ 58,730 | |
Volcan Cia Minera S.A.A. (Metals & Mining) | (b) | 4.375% | 02/11/2026 | 65,000 | 64,350 |
2,980,355 | |||||
Real Estate–0.4% | |||||
Alexandria Real Estate Equities, Inc. (Equity REIT) | 4.900% | 12/15/2030 | 275,000 | 335,019 | |
Camden Property Trust (Equity REIT) | 2.800% | 05/15/2030 | 342,000 | 362,406 | |
Crown Castle International Corp. (Equity REIT) | 3.650% | 09/01/2027 | 133,000 | 146,645 | |
Crown Castle International Corp. (Equity REIT) | 4.300% | 02/15/2029 | 154,000 | 177,114 | |
Crown Castle International Corp. (Equity REIT) | 3.100% | 11/15/2029 | 279,000 | 296,008 | |
Crown Castle International Corp. (Equity REIT) | 3.300% | 07/01/2030 | 67,000 | 71,777 | |
Equinix, Inc. (Equity REIT) | 2.625% | 11/18/2024 | 123,000 | 129,418 | |
Equinix, Inc. (Equity REIT) | 2.900% | 11/18/2026 | 104,000 | 111,247 | |
Equinix, Inc. (Equity REIT) | 3.200% | 11/18/2029 | 233,000 | 249,917 | |
Vornado Realty LP (Equity REIT) | 3.400% | 06/01/2031 | 154,000 | 159,226 | |
2,038,777 | |||||
Utilities–1.2% | |||||
AEP Transmission Co. LLC (Electric Utilities) | 3.650% | 04/01/2050 | 162,000 | 183,221 | |
AES Panama Generation Holdings SRL (Electric Utilities) | (b) | 4.375% | 05/31/2030 | 285,000 | 297,869 |
Ameren Corp. (Multi-Utilities) | 3.500% | 01/15/2031 | 669,000 | 732,509 | |
American Water Capital Corp. (Water Utilities) | 2.800% | 05/01/2030 | 211,000 | 223,327 | |
American Water Capital Corp. (Water Utilities) | 3.450% | 05/01/2050 | 252,000 | 272,294 | |
Berkshire Hathaway Energy Co. (Multi-Utilities) | 3.700% | 07/15/2030 | 265,000 | 300,379 | |
Berkshire Hathaway Energy Co. (Multi-Utilities) | 4.250% | 10/15/2050 | 278,000 | 338,402 | |
Chile Electricity PEC SpA (Electric Utilities) | (b) | 01/25/2028 | 460,000 | 374,325 | |
Dominion Energy, Inc. (Multi-Utilities) | 3.375% | 04/01/2030 | 340,000 | 370,230 | |
NRG Energy, Inc. (Electric Utilities) | (b) | 3.750% | 06/15/2024 | 308,000 | 328,089 |
NRG Energy, Inc. (Electric Utilities) | 7.250% | 05/15/2026 | 273,000 | 282,993 | |
NRG Energy, Inc. (Electric Utilities) | 6.625% | 01/15/2027 | 274,000 | 283,650 | |
Oncor Electric Delivery Co. LLC (Electric Utilities) | 3.700% | 11/15/2028 | 194,000 | 219,374 | |
Oncor Electric Delivery Co. LLC (Electric Utilities) | 3.800% | 06/01/2049 | 257,000 | 305,401 | |
Southern Co. / The (Electric Utilities) | 3.700% | 04/30/2030 | 508,000 | 560,195 | |
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (b) | 4.375% | 05/01/2029 | 231,000 | 232,155 |
5,304,413 | |||||
Total Corporate Bonds (Cost $64,663,512) | $ 69,710,143 |
Purchased Options–10.6% | Notional Amount | Expiration | Exercise Price | Contracts (d) | Value | |
S&P 500 Index Call Option | $ 4,297,500 | December 2022 | $2,950 | 10 | $ 1,371,900 | |
S&P 500 Index Call Option | 9,884,250 | December 2022 | 3,000 | 23 | 3,044,441 | |
S&P 500 Index Call Option | 11,173,500 | December 2022 | 3,050 | 26 | 3,340,220 | |
S&P 500 Index Call Option | 15,041,250 | December 2022 | 3,100 | 35 | 4,345,250 | |
S&P 500 Index Call Option | 10,743,750 | December 2022 | 3,200 | 25 | 2,890,750 | |
S&P 500 Index Call Option | 9,454,500 | December 2022 | 3,250 | 22 | 2,451,020 | |
S&P 500 Index Call Option | 17,190,000 | December 2022 | 3,300 | 40 | 4,289,600 | |
S&P 500 Index Call Option | 2,148,750 | December 2022 | 3,350 | 5 | 513,805 | |
S&P 500 Index Call Option | 3,008,250 | December 2022 | 3,400 | 7 | 693,140 | |
S&P 500 Index Call Option | 8,595,000 | December 2022 | 3,450 | 20 | 1,899,200 | |
S&P 500 Index Call Option | 12,892,500 | December 2022 | 3,500 | 30 | 2,720,670 | |
S&P 500 Index Call Option | 2,148,750 | December 2022 | 3,600 | 5 | 415,300 | |
S&P 500 Index Call Option | 2,148,750 | December 2022 | 3,650 | 5 | 395,850 | |
S&P 500 Index Call Option | 2,148,750 | December 2022 | 4,000 | 5 | 265,800 | |
S&P 500 Index Call Option | 8,595,000 | December 2023 | 3,700 | 20 | 1,621,200 | |
S&P 500 Index Call Option | 6,446,250 | December 2023 | 3,800 | 15 | 1,113,000 | |
S&P 500 Index Call Option | 19,338,750 | December 2023 | 4,000 | 45 | 2,751,300 | |
S&P 500 Index Call Option | 3,008,250 | December 2023 | 4,100 | 7 | 384,790 | |
S&P 500 Index Call Option | 16,760,250 | December 2023 | 4,200 | 39 | 1,985,997 | |
S&P 500 Index Call Option | 4,297,500 | December 2023 | 4,250 | 10 | 462,000 | |
S&P 500 Index Call Option | 9,024,750 | December 2023 | 4,300 | 21 | 911,820 | |
S&P 500 Index Put Option | 2,148,750 | December 2022 | 2,800 | 5 | 34,550 | |
S&P 500 Index Put Option | 4,297,500 | December 2022 | 2,950 | 10 | 84,800 | |
S&P 500 Index Put Option | 9,884,250 | December 2022 | 3,000 | 23 | 212,405 | |
S&P 500 Index Put Option | 11,173,500 | December 2022 | 3,050 | 26 | 252,460 | |
S&P 500 Index Put Option | 15,041,250 | December 2022 | 3,100 | 35 | 368,795 | |
S&P 500 Index Put Option | 10,743,750 | December 2022 | 3,200 | 25 | 294,500 | |
S&P 500 Index Put Option | 9,454,500 | December 2022 | 3,250 | 22 | 275,440 | |
S&P 500 Index Put Option | 17,190,000 | December 2022 | 3,300 | 40 | 532,400 | |
S&P 500 Index Put Option | 6,446,250 | December 2022 | 3,350 | 15 | 216,750 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Purchased Options (Continued) | Notional Amount | Expiration | Exercise Price | Contracts (d) | Value | |
S&P 500 Index Put Option | $11,603,250 | December 2022 | $3,400 | 27 | $ 405,270 | |
S&P 500 Index Put Option | 8,595,000 | December 2022 | 3,450 | 20 | 322,000 | |
S&P 500 Index Put Option | 12,892,500 | December 2022 | 3,500 | 30 | 513,000 | |
S&P 500 Index Put Option | 2,148,750 | December 2022 | 3,600 | 5 | 94,450 | |
S&P 500 Index Put Option | 2,148,750 | December 2022 | 3,650 | 5 | 99,800 | |
S&P 500 Index Put Option | 2,148,750 | December 2022 | 4,000 | 5 | 146,425 | |
S&P 500 Index Put Option | 6,446,250 | December 2023 | 3,700 | 15 | 475,800 | |
S&P 500 Index Put Option | 6,446,250 | December 2023 | 3,800 | 15 | 491,100 | |
S&P 500 Index Put Option | 19,338,750 | December 2023 | 4,000 | 45 | 1,756,350 | |
S&P 500 Index Put Option | 3,008,250 | December 2023 | 4,100 | 7 | 297,290 | |
S&P 500 Index Put Option | 16,760,250 | December 2023 | 4,200 | 39 | 1,801,800 | |
S&P 500 Index Put Option | 4,297,500 | December 2023 | 4,250 | 10 | 482,000 | |
S&P 500 Index Put Option | 9,024,750 | December 2023 | 4,300 | 21 | 1,056,930 | |
Total Purchased Options (Cost $39,693,182) | $ 48,081,368 |
U.S. Treasury Obligations–9.8% | Rate | Maturity | Face Amount | Value | |
U.S. Treasury Bill | 0.000% | 08/03/2021 | $ 960,500 | $ 960,459 | |
U.S. Treasury Bill | 0.000% | 09/07/2021 | 635,000 | 634,942 | |
U.S. Treasury Bill | 0.000% | 09/14/2021 | 800,000 | 799,925 | |
U.S. Treasury Bill | 0.000% | 09/21/2021 | 1,430,000 | 1,429,844 | |
U.S. Treasury Bill | 0.000% | 09/30/2021 | 315,000 | 314,958 | |
U.S. Treasury Bill | 0.000% | 10/21/2021 | 3,150,000 | 3,149,534 | |
U.S. Treasury Bill | 0.000% | 10/28/2021 | 1,820,000 | 1,819,669 | |
U.S. Treasury Bill | 0.000% | 11/26/2021 | 1,430,000 | 1,429,718 | |
U.S. Treasury Note | 0.375% | 03/31/2022 | 6,284,600 | 6,298,348 | |
U.S. Treasury Note | 1.500% | 09/15/2022 | 626,000 | 636,295 | |
U.S. Treasury Note | 0.125% | 02/28/2023 | 836,200 | 835,155 | |
U.S. Treasury Note | (e) | 2.250% | 11/15/2024 | 1,865,000 | 1,971,509 |
U.S. Treasury Note | (e) | 0.500% | 03/31/2025 | 7,834,500 | 7,795,634 |
U.S. Treasury Note | 0.375% | 01/31/2026 | 1,328,400 | 1,301,780 | |
U.S. Treasury Note | 1.625% | 05/15/2026 | 5,256,600 | 5,448,589 | |
U.S. Treasury Note | 2.750% | 08/15/2042 | 2,036,600 | 2,294,914 | |
U.S. Treasury Note | 2.250% | 08/15/2049 | 1,246,800 | 1,291,607 | |
U.S. Treasury Note | 2.375% | 11/15/2049 | 338,600 | 360,556 | |
U.S. Treasury Note | 1.250% | 05/15/2050 | 755,000 | 616,475 | |
U.S. Treasury Note | 1.375% | 08/15/2050 | 1,679,400 | 1,415,747 | |
U.S. Treasury Note | 1.625% | 11/15/2050 | 240,000 | 215,550 | |
U.S. Treasury Note | 1.875% | 02/15/2051 | 3,311,300 | 3,160,222 | |
U.S. Treasury Note | 2.375% | 05/15/2051 | 338,200 | 361,081 | |
Total U.S. Treasury Obligations (Cost $44,734,112) | $ 44,542,511 |
Asset-Backed / Mortgage-Backed Securities–6.1% | Rate | Maturity | Face Amount | Value | |
Consumer Discretionary–0.1% | |||||
Domino's Pizza Master Issuer LLC 2021-1A A2I | (b) | 2.662% | 04/25/2051 | $ 176,000 | $ 182,105 |
Great Wolf Trust 2019-WOLF A | (b) | ML + 103 | 12/15/2036 | 64,000 | 64,040 |
Great Wolf Trust 2019-WOLF C | (b) | ML + 163 | 12/15/2036 | 79,000 | 78,999 |
Hardee's Funding LLC 2018-1A A23 | (b) | 5.710% | 06/20/2048 | 129,953 | 145,785 |
Hardee's Funding LLC 2020-1A A2 | (b) | 3.981% | 12/20/2050 | 134,366 | 142,189 |
613,118 | |||||
Financials–6.0% | |||||
AB Issuer LLC 2021-1 A2 | (b) | 3.734% | 07/30/2051 | 320,000 | 320,000 |
Affirm Asset Securitization Trust 2020-A A | (b) | 2.100% | 02/18/2025 | 120,000 | 121,072 |
Affirm Asset Securitization Trust 2021-A C | (b) | 1.660% | 08/15/2025 | 200,000 | 200,907 |
Affirm Asset Securitization Trust 2021-Z1 A | (b) | 1.070% | 08/15/2025 | 157,908 | 157,910 |
AGL CLO 2021-12A D | (b) | QL + 285 | 07/20/2034 | 250,000 | 248,983 |
Apidos CLO XXXIII 2020-33A B | (b) | QL + 220 | 07/24/2031 | 300,000 | 300,122 |
Avant Loans Funding Trust 2021-REV1 A | (b) | 1.210% | 07/15/2030 | 441,000 | 440,229 |
Balboa Bay Loan Funding 2021-1A D | (b) | QL + 305 | 07/20/2034 | 307,948 | 307,945 |
Ballyrock CLO 15 Ltd. 2021-1A C | (b) | QL + 310 | 04/15/2034 | 250,000 | 248,992 |
Ballyrock CLO 16 Ltd. 2021-16A C | (b) | QL + 290 | 07/20/2034 | 250,000 | 249,995 |
Ballyrock CLO 2020-1A B | (b) | QL + 290 | 07/20/2030 | 300,000 | 300,155 |
BBCMS 2020-BID A | (b) | ML + 214 | 10/15/2037 | 301,000 | 303,814 |
BCP Trust 2021-330N A | (b) | ML + 79.9 | 06/15/2038 | 62,744 | 62,280 |
Bellemeade Re 2020-4A M2A | (b) | ML + 260 | 06/25/2030 | 113,912 | 113,966 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Asset-Backed / Mortgage-Backed Securities (Continued) | Rate | Maturity | Face Amount | Value | |
Financials (continued) | |||||
Bellemeade Re Ltd. 2021-1A M1C | (b) | SOFR30A + 295 | 03/25/2031 | $ 167,482 | $ 175,014 |
BFLD Trust 2021-FPM A | (b) | ML + 160 | 06/15/2038 | 462,000 | 462,415 |
Brex Commercial Charge Card Master Trust 2021-1 A | (b) | 2.090% | 07/15/2024 | 167,000 | 168,065 |
Citigroup Commercial Mortgage Trust 2017-P8 AS | 3.789% | 09/15/2050 | 127,167 | 140,536 | |
COMM 2015-LC23 C | 4.771% | 10/10/2048 | 100,000 | 108,066 | |
Connecticut Avenue Securities Trust 2019-R02 1M2 | (b) | ML + 230 | 08/25/2031 | 40,544 | 40,823 |
Connecticut Avenue Securities Trust 2019-R03 1M2 | (b) | ML + 215 | 09/25/2031 | 104,676 | 105,422 |
Connecticut Avenue Securities Trust 2019-R04 2M2 | (b) | ML + 210 | 06/25/2039 | 20,694 | 20,777 |
Connecticut Avenue Securities Trust 2019-R05 1M2 | (b) | ML + 200 | 07/25/2039 | 88,567 | 88,923 |
Connecticut Avenue Securities Trust 2019-R07 1M2 | (b) | ML + 210 | 10/25/2039 | 148,569 | 149,183 |
Connecticut Avenue Securities Trust 2020-R02 2M2 | (b) | ML + 200 | 01/25/2040 | 314,141 | 315,526 |
Connecticut Avenue Securities Trust 2020-SBT1 1M2 | (b) | ML + 365 | 02/25/2040 | 255,000 | 263,274 |
Connecticut Avenue Securities Trust 2020-SBT1 2M2 | (b) | ML + 365 | 02/25/2040 | 270,000 | 279,725 |
CPS Auto Receivables Trust 2021-B C | (b) | 1.230% | 03/15/2027 | 234,000 | 233,783 |
Diamond Infrastructure Funding LLC 2021-1A B | (b) | 2.355% | 04/15/2049 | 145,030 | 144,711 |
Donlen Fleet Lease Funding 2021-2 C | (b) | 1.200% | 12/11/2034 | 460,000 | 458,961 |
DROP Mortgage Trust 2021-FILE A | (b) | ML + 115 | 04/15/2026 | 310,000 | 311,182 |
Eagle RE 2020-2 M1B | (b) | ML + 400 | 10/25/2030 | 621,026 | 624,877 |
Elmwood CLO IX Ltd. 2021-2A D | (b) | QL + 295 | 07/20/2034 | 250,000 | 250,375 |
Fannie Mae Connecticut Avenue Securities 2014-C04 1M2 | ML + 490 | 11/25/2024 | 268,504 | 277,611 | |
Fannie Mae Connecticut Avenue Securities 2015-C02 1M2 | ML + 400 | 05/25/2025 | 31,746 | 32,404 | |
Fannie Mae Connecticut Avenue Securities 2015-C03 1M2 | ML + 500 | 07/25/2025 | 174,152 | 179,086 | |
Fannie Mae Connecticut Avenue Securities 2015-C03 2M2 | ML + 500 | 07/25/2025 | 25,048 | 25,378 | |
Fannie Mae Connecticut Avenue Securities 2015-C04 1M2 | ML + 570 | 04/25/2028 | 75,518 | 80,003 | |
Fannie Mae Connecticut Avenue Securities 2016-C01 1M2 | ML + 675 | 08/25/2028 | 117,145 | 125,342 | |
Fannie Mae Connecticut Avenue Securities 2016-C03 2M2 | ML + 590 | 10/25/2028 | 125,305 | 132,369 | |
Fannie Mae Connecticut Avenue Securities 2016-C04 1M2 | ML + 425 | 01/25/2029 | 242,656 | 253,280 | |
Fannie Mae Connecticut Avenue Securities 2016-C07 2M2 | ML + 435 | 05/25/2029 | 103,711 | 108,712 | |
Fannie Mae Connecticut Avenue Securities 2017-C01 1M2 | ML + 355 | 07/25/2029 | 274,655 | 285,138 | |
Fannie Mae Connecticut Avenue Securities 2017-C02 2M2C | ML + 365 | 09/25/2029 | 241,691 | 250,307 | |
Fannie Mae Connecticut Avenue Securities 2017-C07 1B1 | ML + 400 | 05/25/2030 | 300,000 | 312,536 | |
Fannie Mae Connecticut Avenue Securities 2018-C05 1M2 | ML + 235 | 01/25/2031 | 81,205 | 82,178 | |
Fannie Mae Connecticut Avenue Securities 2018-C06 1M2 | ML + 200 | 03/25/2031 | 209,139 | 210,741 | |
First Investors Auto Owner Trust 2018-1A E | (b) | 5.350% | 07/15/2024 | 350,000 | 363,151 |
Flatiron CLO 2021-1A D | (b) | QL + 290 | 07/19/2034 | 250,000 | 250,000 |
Ford Credit Auto Owner Trust 2021-1 D | (b) | 2.310% | 10/17/2033 | 230,000 | 230,697 |
Freddie Mac Multifamily Structured Credit Risk 2021-MN1 M1 | (b) | SOFR30A + 200 | 01/25/2051 | 56,021 | 56,417 |
Freddie Mac REMICS FHR 4981 HS | ML + 610 | 06/25/2050 | 1,246,484 | 222,314 | |
Freddie Mac REMICS FHR 5015 BI | 4.000% | 09/25/2050 | 732,371 | 127,771 | |
Freddie Mac STACR REMIC Trust 2020-DNA1 M2 | (b) | ML + 170 | 01/25/2050 | 170,953 | 171,771 |
Freddie Mac STACR REMIC Trust 2020-DNA5 M2 | (b) | SOFR30A + 280 | 10/25/2050 | 240,000 | 243,590 |
Freddie Mac STACR REMIC Trust 2021-DNA3 B1 | (b) | SOFR30A + 350 | 10/25/2033 | 278,276 | 288,773 |
Freddie Mac STACR Trust 2019-DNA4 M2 | (b) | ML + 195 | 10/25/2049 | 59,854 | 60,170 |
Freddie Mac STACR Trust 2019-HQA2 M2 | (b) | ML + 205 | 04/25/2049 | 70,527 | 71,083 |
Freddie Mac Structured Agency Credit Risk Debt Notes 2016-DNA4 M3 | ML + 380 | 03/25/2029 | 290,360 | 300,680 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2016-HQA2 M3 | ML + 515 | 11/25/2028 | 210,754 | 220,709 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2016-HQA4 M3 | ML + 390 | 04/25/2029 | 262,340 | 273,283 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2017-DNA2 M2 | ML + 345 | 10/25/2029 | 300,000 | 313,416 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2017-DNA3 M2 | ML + 250 | 03/25/2030 | 270,000 | 276,011 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2017-HQA1 M2 | ML + 355 | 08/25/2029 | 250,936 | 259,601 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2017-HQA2 M2B | ML + 265 | 12/25/2029 | 458,126 | 466,872 | |
Freddie Mac Structured Agency Credit Risk Debt Notes 2018-DNA1 M2 | ML + 180 | 07/25/2030 | 98,247 | 98,859 | |
FREED ABS Trust 2021-2 C | (b) | 1.940% | 06/19/2028 | 460,000 | 459,377 |
GCI Funding I LLC 2021-1 A | (b) | 2.380% | 06/18/2046 | 168,000 | 167,957 |
Goldentree Loan Management U.S. Clo 7 Ltd. 2020-7A AR | (b) | QL + 107 | 04/20/2034 | 250,000 | 250,315 |
GS Mortgage Securities Trust 2012-GC6 B | (b) | 5.860% | 01/10/2045 | 300,000 | 303,674 |
GS Mortgage Securities Trust 2012-GCJ9 AS | 3.124% | 11/10/2045 | 287,514 | 294,851 | |
GS Mortgage Securities Trust 2016-GS3 A4 | 2.850% | 10/10/2049 | 270,000 | 287,930 | |
GS Mortgage Securities Trust 2017-GS7 A4 | 3.430% | 08/10/2050 | 270,000 | 297,058 | |
GS Mortgage Securities Trust 2018-GS9 A4 | 3.992% | 03/10/2051 | 153,543 | 174,853 | |
GS Mortgage Securities Trust 2019-GC38 A4 | 3.968% | 02/10/2052 | 250,000 | 285,336 | |
GSF Issuer LLC 2021-1 A1 | (b) | 1.433% | 08/15/2026 | 36,998 | 36,998 |
GSF Issuer LLC 2021-1 A2 | (b) | 2.435% | 08/15/2026 | 71,000 | 73,130 |
GSF Issuer LLC 2021-1 AS | (b) | 2.638% | 08/15/2026 | 11,000 | 11,330 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Asset-Backed / Mortgage-Backed Securities (Continued) | Rate | Maturity | Face Amount | Value | |
Financials (continued) | |||||
HFX Funding Issuer 2017-1 | (b) | 3.647% | 03/15/2035 | $ 280,000 | $ 291,353 |
Home RE 2020-1 M1B | (b) | ML + 325 | 10/25/2030 | 195,626 | 197,643 |
Invitation Homes 2018-SFR1 C | (b) | ML + 125 | 03/17/2037 | 475,000 | 475,745 |
JP Morgan Chase Commercial Mortgage Securities Trust 2010-C2 A3 | (b) | 4.070% | 11/15/2043 | 60,467 | 60,619 |
JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 A5 | 2.840% | 12/15/2047 | 213,476 | 218,159 | |
JP Morgan Chase Commercial Mortgage Securities Trust 2013-C10 B | 3.674% | 12/15/2047 | 300,000 | 311,372 | |
JPMBB Commercial Mortgage Securities Trust 2013-C15 AS | 4.420% | 11/15/2045 | 250,000 | 267,771 | |
JPMBB Commercial Mortgage Securities Trust 2014-C21 C | 4.803% | 08/15/2047 | 295,000 | 311,972 | |
JPMBB Commercial Mortgage Securities Trust 2015-C27 AS | 3.634% | 02/15/2048 | 130,694 | 139,500 | |
Kayne CLO 11 Ltd. 2021-11A D | (b) | QL + 290 | 04/15/2034 | 250,000 | 250,043 |
Magnetite XXVI Ltd. 2020-26A A | (b) | QL + 175 | 07/15/2030 | 401,052 | 401,291 |
Morgan Stanley Capital I Trust 2018-H3 AS | 4.429% | 07/15/2051 | 270,000 | 310,113 | |
Morgan Stanley Capital I Trust 2018-H4 A4 | 4.310% | 12/15/2051 | 250,000 | 287,974 | |
Neighborly Issuer LLC 2021-1A A2 | (b) | 3.584% | 04/30/2051 | 126,627 | 130,232 |
Nelnet Student Loan Trust 2021-BA B | (b) | 2.680% | 04/20/2062 | 100,000 | 99,944 |
Neuberger Berman Loan Advisers Clo 2021-42A D | (b) | QL + 280 | 07/16/2035 | 301,613 | 300,707 |
Neuberger Berman Loan Advisers Clo 43 Ltd. 2021-43A D | (b) | QL + 310 | 07/17/2035 | 250,000 | 250,000 |
OCP CLO 2020-18A AR | (b) | QL + 109 | 07/20/2032 | 322,000 | 322,485 |
PMT Credit Risk Transfer Trust 2019-2R A | (b) | ML + 275 | 05/27/2023 | 201,044 | 199,095 |
Radnor RE 2020-2 M1C | (b) | ML + 460 | 10/25/2030 | 150,000 | 151,976 |
Rockford Tower CLO 2021-1A D | (b) | QL + 300 | 07/20/2034 | 306,626 | 305,476 |
Rockford Tower CLO 2021-2A A1 | (b) | QL + 116 | 07/20/2034 | 250,000 | 250,000 |
SG Commercial Mortgage Securities Trust 2016-C5 A4 | 3.055% | 10/10/2048 | 250,000 | 264,426 | |
STACR Trust 2018-DNA3 M2 | (b) | ML + 210 | 09/25/2048 | 110,313 | 111,763 |
Traingle Re 2020-1 M1B | (b) | ML + 390 | 10/25/2030 | 423,651 | 425,769 |
Traingle Re 2021-1 M1B | (b) | ML + 300 | 08/25/2033 | 150,146 | 151,218 |
UBS Commercial Mortgage Trust 2018-C10 A3 | 4.048% | 05/15/2051 | 270,000 | 303,145 | |
Upstart Securitization Trust 2020-3 A | (b) | 1.702% | 11/20/2030 | 104,869 | 105,482 |
VASA Trust 2021-VASA A | (b) | ML + 90 | 07/15/2039 | 460,000 | 460,138 |
Wells Fargo Commercial Mortgage Trust 2015-C28 A4 | 3.540% | 05/15/2048 | 250,000 | 271,803 | |
Wells Fargo Commercial Mortgage Trust 2015-C30 A3 | 3.411% | 09/15/2058 | 232,889 | 251,431 | |
Wells Fargo Commercial Mortgage Trust 2015-NXS3 A4 | 3.617% | 09/15/2057 | 270,000 | 295,489 | |
Wells Fargo Commercial Mortgage Trust 2016-C35 A3 | 2.674% | 07/15/2048 | 300,000 | 311,994 | |
Wells Fargo Commercial Mortgage Trust 2016-C35 B | 3.438% | 07/15/2048 | 270,000 | 284,857 | |
Wells Fargo Commercial Mortgage Trust 2017-C39 A5 | 3.418% | 09/15/2050 | 270,000 | 297,002 | |
Wells Fargo Commercial Mortgage Trust 2017-C41 A3 | 3.210% | 11/15/2050 | 270,000 | 288,369 | |
Wells Fargo Commercial Mortgage Trust 2018-C44 A4 | 3.948% | 05/15/2051 | 270,000 | 301,859 | |
WFRBS Commercial Mortgage Trust 2014-C24 AS | 3.931% | 11/15/2047 | 270,000 | 285,070 | |
26,954,355 | |||||
Total Asset-Backed / Mortgage-Backed Securities (Cost $27,007,314) | $ 27,567,473 |
U.S. Government Agency Mortgage-Backed Securities–2.2% | Rate | Maturity | Face Amount | Value | |
Fannie Mae or Freddie Mac UMBS TBA | 2.500% | 07/15/2051 | $1,484,000 | $ 1,534,897 | |
Fannie Mae Pool FN AL5310 | 3.500% | 04/01/2044 | 2,900 | 3,171 | |
Fannie Mae Pool FN AL5887 | 4.500% | 10/01/2044 | 19,191 | 21,403 | |
Fannie Mae Pool FN AL6542 | 4.500% | 03/01/2045 | 28,035 | 31,266 | |
Fannie Mae Pool FN AL6620 | 4.500% | 08/01/2042 | 173,524 | 191,812 | |
Fannie Mae Pool FN AL6997 | 4.500% | 11/01/2042 | 12,589 | 14,034 | |
Fannie Mae Pool FN AL8855 | 3.500% | 07/01/2046 | 11,096 | 11,995 | |
Fannie Mae Pool FN AS7168 | 3.500% | 05/01/2046 | 24,738 | 26,604 | |
Fannie Mae Pool FN AS7587 | 3.500% | 07/01/2046 | 124,077 | 134,690 | |
Fannie Mae Pool FN AS7822 | 3.500% | 08/01/2046 | 286,887 | 308,547 | |
Fannie Mae Pool FN AZ9203 | 3.000% | 10/01/2045 | 29,096 | 30,558 | |
Fannie Mae Pool FN BA2885 | 3.000% | 10/01/2045 | 54,413 | 57,298 | |
Fannie Mae Pool FN BA4752 | 3.000% | 01/01/2046 | 5,925 | 6,229 | |
Fannie Mae Pool FN BC1520 | 3.500% | 08/01/2046 | 212,471 | 229,057 | |
Fannie Mae Pool FN BC2468 | 3.000% | 03/01/2046 | 126,134 | 132,014 | |
Fannie Mae Pool FN BC2488 | 3.000% | 03/01/2046 | 155,393 | 162,708 | |
Fannie Mae Pool FN BC9077 | 3.500% | 12/01/2046 | 14,629 | 15,772 | |
Fannie Mae Pool FN BH1902 | 3.500% | 12/01/2047 | 12,392 | 13,580 | |
Fannie Mae Pool FN BH3892 | 3.500% | 08/01/2047 | 31,435 | 33,279 | |
Fannie Mae Pool FN BH6940 | 3.500% | 08/01/2047 | 27,528 | 29,606 | |
Fannie Mae Pool FN BJ1692 | 3.500% | 12/01/2047 | 67,380 | 72,923 | |
Fannie Mae Pool FN BJ1695 | 3.500% | 12/01/2047 | 9,494 | 10,153 | |
Fannie Mae Pool FN BJ4558 | 3.500% | 01/01/2048 | 48,469 | 52,454 | |
Fannie Mae Pool FN BJ4559 | 3.500% | 01/01/2048 | 18,052 | 19,363 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
U.S. Government Agency Mortgage-Backed Securities (Continued) | Rate | Maturity | Face Amount | Value | |
Fannie Mae Pool FN BJ4566 | 4.000% | 01/01/2048 | $ 156,978 | $ 172,442 | |
Fannie Mae Pool FN BJ4567 | 4.000% | 01/01/2048 | 232,230 | 249,535 | |
Fannie Mae Pool FN BJ5170 | 3.500% | 03/01/2048 | 11,374 | 12,460 | |
Fannie Mae Pool FN BK1964 | 4.000% | 03/01/2048 | 55,117 | 60,038 | |
Fannie Mae Pool FN BK1975 | 3.500% | 03/01/2048 | 28,160 | 30,131 | |
Fannie Mae Pool FN BK3211 | 4.500% | 03/01/2048 | 55,919 | 60,423 | |
Fannie Mae Pool FN BK4157 | 4.000% | 05/01/2048 | 94,406 | 101,056 | |
Fannie Mae Pool FN BM3282 | 3.500% | 12/01/2047 | 7,300 | 8,018 | |
Fannie Mae Pool FN BM3511 | 4.500% | 02/01/2046 | 104,045 | 115,679 | |
Fannie Mae Pool FN BM3912 | 3.000% | 03/01/2047 | 155,639 | 165,324 | |
Fannie Mae Pool FN BM4427 | 3.500% | 04/01/2048 | 97,714 | 105,073 | |
Fannie Mae Pool FN BM4735 | 3.500% | 04/01/2048 | 113,344 | 123,632 | |
Fannie Mae Pool FN BM4896 | 3.000% | 02/01/2047 | 1,023,089 | 1,087,131 | |
Fannie Mae Pool FN BM5138 | 3.500% | 11/01/2048 | 197,801 | 215,755 | |
Fannie Mae Pool FN BM5334 | 3.500% | 01/01/2049 | 52,746 | 56,332 | |
Fannie Mae Pool FN BN0012 | 4.500% | 08/01/2048 | 32,854 | 35,406 | |
Fannie Mae Pool FN BO3223 | 3.000% | 10/01/2034 | 43,404 | 45,957 | |
Fannie Mae Pool FN BO4725 | 2.500% | 11/01/2034 | 66,702 | 70,253 | |
Fannie Mae Pool FN BO5957 | 3.000% | 12/01/2034 | 8,593 | 9,172 | |
Fannie Mae Pool FN BO7717 | 3.000% | 11/01/2034 | 8,575 | 9,130 | |
Fannie Mae Pool FN CA0108 | 3.500% | 08/01/2047 | 25,458 | 27,963 | |
Fannie Mae Pool FN FM0029 | 3.000% | 09/01/2046 | 250,501 | 266,173 | |
Fannie Mae Pool FN FM1036 | 3.000% | 05/01/2043 | 136,903 | 144,892 | |
Fannie Mae Pool FN MA3211 | 4.000% | 12/01/2047 | 79,419 | 85,103 | |
Fannie Mae Pool FN MA3239 | 4.000% | 01/01/2048 | 12,511 | 13,441 | |
Freddie Mac Gold Pool FG G60658 | 3.500% | 07/01/2046 | 247,422 | 270,750 | |
Freddie Mac Gold Pool FG G61360 | 3.500% | 03/01/2048 | 50,278 | 54,237 | |
Freddie Mac Gold Pool FG G61737 | 3.500% | 11/01/2048 | 227,982 | 245,625 | |
Freddie Mac Gold Pool FG Q54793 | 4.500% | 03/01/2048 | 51,496 | 55,559 | |
Freddie Mac Gold Pool FG Q55394 | 3.500% | 04/01/2048 | 19,701 | 21,279 | |
Freddie Mac Pool FR QN0783 | 3.000% | 10/01/2034 | 37,030 | 39,339 | |
Freddie Mac Pool FR QN0786 | 3.000% | 10/01/2034 | 88,915 | 94,710 | |
Freddie Mac Pool FR QN0951 | 2.500% | 11/01/2034 | 58,429 | 61,724 | |
Freddie Mac Pool FR SB0040 | 2.500% | 12/01/2033 | 319,820 | 334,780 | |
Freddie Mac Pool FR SB0116 | 2.500% | 11/01/2034 | 83,769 | 88,466 | |
Freddie Mac Pool FR ZA4718 | 3.000% | 10/01/2046 | 191,863 | 203,175 | |
Freddie Mac Pool FR ZK8962 | 3.000% | 09/01/2032 | 74,865 | 79,232 | |
Freddie Mac Pool FR ZK9009 | 3.000% | 10/01/2032 | 28,283 | 29,898 | |
Freddie Mac Pool FR ZK9163 | 3.000% | 01/01/2033 | 41,350 | 43,961 | |
Freddie Mac Pool FR ZM1434 | 3.500% | 07/01/2046 | 39,920 | 42,757 | |
Freddie Mac Pool FR ZM4821 | 3.500% | 11/01/2047 | 35,776 | 38,760 | |
Freddie Mac Pool FR ZM4939 | 3.500% | 11/01/2047 | 59,501 | 63,665 | |
Freddie Mac Pool FR ZM5102 | 3.500% | 12/01/2047 | 78,964 | 85,430 | |
Freddie Mac Pool FR ZM5228 | 3.500% | 12/01/2047 | 46,827 | 50,438 | |
Freddie Mac Pool FR ZM5705 | 3.500% | 02/01/2048 | 20,946 | 22,553 | |
Freddie Mac Pool FR ZM5707 | 3.500% | 02/01/2048 | 15,814 | 16,972 | |
Freddie Mac Pool FR ZM5945 | 4.000% | 03/01/2048 | 48,627 | 52,818 | |
Freddie Mac Pool FR ZM6220 | 4.000% | 04/01/2048 | 30,902 | 32,951 | |
Freddie Mac Pool FR ZM6276 | 4.000% | 04/01/2048 | 59,864 | 64,607 | |
Freddie Mac Pool FR ZM6427 | 4.000% | 05/01/2048 | 144,567 | 154,285 | |
Freddie Mac Pool FR ZN2165 | 4.500% | 12/01/2048 | 67,832 | 74,967 | |
Freddie Mac Pool FR ZS4598 | 3.000% | 01/01/2045 | 25,445 | 26,800 | |
Freddie Mac Pool FR ZS7403 | 3.000% | 05/01/2031 | 231,935 | 244,538 | |
Freddie Mac Pool FR ZS9830 | 3.500% | 10/01/2046 | 263,481 | 283,692 | |
Freddie Mac Pool FR ZT0272 | 3.500% | 02/01/2047 | 151,262 | 162,999 | |
Freddie Mac Pool FR ZT0337 | 3.500% | 12/01/2044 | 26,849 | 28,992 | |
Freddie Mac Pool FR ZT0537 | 3.500% | 03/01/2048 | 202,520 | 219,332 | |
Freddie Mac Pool FR ZT1633 | 4.000% | 03/01/2047 | 14,186 | 15,470 | |
Total U.S. Government Agency Mortgage-Backed Securities (Cost $9,323,280) | $ 9,718,693 |
Exchange Traded Funds–1.9% | Shares | Value | |
SPDR S&P 500 ETF Trust | 20,176 | $ 8,636,539 | |
Total Exchange Traded Funds (Cost $6,675,743) | $ 8,636,539 |
Preferred Securities–0.8% | Rate | Quantity | Value | |
Financials–0.7% | ||||
American Express Co. DR (Consumer Finance) | QL + 329 | 61,000 | $ 61,076 | |
American Express Co. DR (Consumer Finance) | QL + 343 | 26,000 | 25,968 |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Preferred Securities (Continued) | Rate | Quantity | Value | |
Financials (continued) | ||||
Bank of America Corp. DR (Rate is fixed until 09/05/2024, at which point, the rate becomes QL + 371) (Banks) | (c) | 6.250% | 286,000 | $ 316,387 |
Bank of America Corp. DR (Rate is fixed until 03/17/2025, at which point, the rate becomes QL + 390) (Banks) | (c) | 6.100% | 124,000 | 139,236 |
Bank of New York Mellon Corp. / The DR (Rate is fixed until 09/20/2025, at which point, the rate becomes H15T5Y + 436) (Capital Markets) | (c) | 4.700% | 61,000 | 66,566 |
Capital One Financial Corp. (Consumer Finance) | QL + 380 | 330,000 | 331,181 | |
Charles Schwab Corp. / The DR (Rate is fixed until 06/01/2026, at which point, the rate becomes H15T5Y + 317) (Capital Markets) | (c) | 4.000% | 455,000 | 474,337 |
Citigroup, Inc. DR (Rate is fixed until 01/30/2023, at which point, the rate becomes QL + 407) (Banks) | (c) | 5.950% | 217,000 | 228,144 |
Citigroup, Inc. DR (Rate is fixed until 05/15/2025, at which point, the rate becomes QL + 391) (Banks) | (c) | 5.950% | 142,000 | 155,412 |
Citigroup, Inc. (Rate is fixed until 12/10/2025, at which point, the rate becomes H15T5Y + 360) (Banks) | (c) | 4.000% | 101,000 | 104,409 |
Citigroup, Inc. DR (Rate is fixed until 02/15/2023, at which point, the rate becomes QL + 423) (Banks) | (c) | 5.900% | 27,000 | 28,498 |
Discover Financial Services (Rate is fixed until 09/23/2025, at which point, the rate becomes H15T5Y + 578) (Consumer Finance) | (c) | 6.125% | 404,000 | 453,369 |
Fifth Third Bancorp DR (Rate is fixed until 09/30/2025, at which point, the rate becomes H15T5Y + 422) (Banks) | (c) | 4.500% | 76,000 | 82,460 |
JPMorgan Chase & Co. DR (Banks) | QL + 347 | 131,000 | 131,327 | |
JPMorgan Chase & Co. DR (Banks) | QL + 380 | 110,000 | 110,275 | |
JPMorgan Chase & Co. DR (Banks) | QL + 332 | 65,000 | 65,163 | |
Morgan Stanley DR (Capital Markets) | QL + 361 | 33,000 | 33,124 | |
Truist Financial Corp. DR (Rate is fixed until 09/01/2030, at which point, the rate becomes H15T10Y + 435) (Banks) | (c) | 5.100% | 256,000 | 287,680 |
Wells Fargo & Co. DR (Rate is fixed until 06/15/2025, at which point, the rate becomes QL + 399) (Banks) | (c) | 5.875% | 292,000 | 327,014 |
3,421,626 | ||||
Industrials–0.1% | ||||
General Electric Co. (Industrial Conglomerates) | QL + 333 | 336,000 | 329,280 | |
Total Preferred Securities (Cost $3,620,634) | $ 3,750,906 |
Sovereign Issues–0.7% | Rate | Maturity | Face Amount | Value | |
CDBL Funding 1 | 3.500% | 10/24/2027 | $ 230,000 | $ 242,905 | |
Colombia Government International Bond | 3.125% | 04/15/2031 | 540,000 | 528,412 | |
Comision Federal de Electricidad | (b) | 3.348% | 02/09/2031 | 236,000 | 234,112 |
Corp. Financiera de Desarrollo SA | (b) | 2.400% | 09/28/2027 | 435,000 | 426,735 |
Dominican Republic International Bond | (b) | 4.875% | 09/23/2032 | 250,000 | 257,500 |
Egypt Government International Bond | (b) | 5.875% | 02/16/2031 | 307,000 | 298,097 |
ENA Master Trust | (b) | 4.000% | 05/19/2048 | 203,000 | 204,240 |
Huarong Finance 2017 Co. Ltd. (Rate is fixed until 01/24/2022, at which point, the rate becomes H15T5Y + 777) | (c) | 4.500% | 01/24/2022 | 248,000 | 167,400 |
Oleoducto Central SA | (b) | 4.000% | 07/14/2027 | 410,000 | 423,005 |
Oman Government International Bond | 4.875% | 02/01/2025 | 200,000 | 209,350 | |
Oman Government International Bond | (b) | 6.250% | 01/25/2031 | 230,000 | 246,866 |
Total Sovereign Issues (Cost $3,286,380) | $ 3,238,622 |
Municipal Bonds–0.1% | Rate | Maturity | Face Amount | Value | |
Tobacco Settlement Finance Authority | 3.000% | 06/01/2035 | $ 165,000 | $ 170,260 | |
University of California | 3.071% | 05/15/2051 | 310,000 | 313,129 | |
Total Municipal Bonds (Cost $476,875) | $ 483,389 |
Money Market Funds–2.8% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (f) | 8,996,115 | $ 8,998,813 |
State Street Institutional U.S. Government Money Market Fund, 0.025% | 3,715,520 | 3,715,520 | |
Total Money Market Funds (Cost $12,714,333) | $ 12,714,333 | ||
Total Investments – 100.6% (Cost $362,066,385) | (g) | $456,068,823 | |
Liabilities in Excess of Other Assets – (0.6)% | (2,670,415) | ||
Net Assets – 100.0% | $453,398,408 |
Percentages are stated as a percent of net assets. |
Ohio National Fund, Inc. | ON Risk Managed Balanced Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Abbreviations: | ||
ADR: | American Depositary Receipts | |
CLO: | Collaterized Loan Obligation | |
DR: | Depositary Receipt | |
H15T10Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 10 Year, 1.450% at 06/30/2021 | |
H15T1Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 1 Year, 0.070% at 06/30/2021 | |
H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 0.870% at 06/30/2021 | |
ML: | Monthly U.S. LIBOR Rate, 0.101% at 06/30/2021 | |
QL: | Quarterly U.S. LIBOR Rate, 0.146% at 06/30/2021 | |
SOFR: | Secured Overnight Financing Rate, 0.050% at 06/30/2021 | |
SOFR30A: | 30 Day Average Secured Overnight Financing Rate, 0.027% at 06/30/2021 | |
TBA: | To Be Announced | |
UMBS: | Uniform Mortgage-Backed Security; the securities actually delivered on settlement of the TBA could be issued by Fannie Mae, Freddie Mac, or any combination thereof | |
USISDA05: | USD ICE Swap Rate 11:00am NY 5 Year, 0.947% at 06/30/2021 |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified buyers under Rule 144A. At June 30, 2021, the value of these securities totaled $33,439,016, or 7.4% of the Portfolio’s net assets. | |
(c) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates stated, including interest rate caps and floors, if any, are those in effect at June 30, 2021. | |
(d) | 100 shares per contract. | |
(e) | Security is partially pledged as collateral for the futures contracts outstanding at June 30, 2021. The market value pledged totaled $4,322,661. See also the following Schedule of Open Futures Contracts. | |
(f) | Rate represents the seven-day yield at June 30, 2021. | |
(g) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CBT U.S. Long Bond - Long | 75 | September 21, 2021 | $ 11,777,154 | $ 12,056,250 | $ 279,096 | $ 49,219 | ||||||
CBT 10-Year U.S. Treasury Note - Long | 1,365 | September 21, 2021 | 179,652,856 | 180,862,500 | 1,209,644 | 319,915 | ||||||
CBT U.S. Ultra Bond - Long | 21 | September 21, 2021 | 3,901,859 | 4,046,438 | 144,579 | 23,625 | ||||||
CBT 2-Year U.S. Treasury Note - Long | 344 | September 30, 2021 | 75,885,540 | 75,790,188 | (95,352) | 20,357 | ||||||
CBT 5-Year U.S. Treasury Note - Long | 29 | September 30, 2021 | 3,586,047 | 3,579,461 | (6,586) | 1,578 | ||||||
$274,803,456 | $276,334,837 | $1,531,381 | $414,694 |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CME E-mini S&P 500 Index - Short | 83 | September 17, 2021 | $ (17,594,866) | (17,797,690) | $ (202,824) | $ (27,390) | ||||||
CBT 10-Year U.S. Ultra Bond - Short | 69 | September 21, 2021 | (9,991,467) | (10,157,016) | (165,549) | (22,953) | ||||||
$ (27,586,333) | $ (27,954,706) | $ (368,373) | $ (50,343) | |||||||||
Total Futures Contracts | $247,217,123 | $248,380,131 | $1,163,008 | $364,351 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Unaudited) |
Average Annual returns | |
One year | 1.67% |
Since inception (5/1/20) | 2.99% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Corporate Bonds (4) | 42.7 |
U.S. Treasury Obligations | 26.0 |
U.S. Government Agency Mortgage-Backed Securities | 17.4 |
Investment Companies | 9.3 |
Asset-Backed / Mortgage-Backed Securities (4) | 1.5 |
Sovereign Issues | 0.7 |
U.S. Government Agency Issues | 0.1 |
Money Market Funds Less Net Liabilities | 2.3 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | U.S. Treasury Note 0.125%, 06/30/2023 | 4.9 |
2. | Federated Hermes Core Trust - Emerging Markets Core Fund | 3.8 |
3. | U.S. Treasury Note 0.875%, 06/30/2026 | 3.4 |
4. | Federated Hermes Core Trust III - Project and Trade Finance Core Fund | 3.0 |
5. | Federated Hermes Core Trust - Bank Loan Core Fund | 2.5 |
6. | U.S. Treasury Note 2.375%, 05/15/2051 | 2.3 |
7. | U.S. Treasury Note 1.250%, 06/30/2028 | 2.2 |
8. | U.S. Treasury Note 1.625%, 05/15/2031 | 1.5 |
9. | U.S. Treasury Note 0.375%, 04/30/2025 | 1.3 |
10. | U.S. Treasury Note 2.250%, 05/15/2041 | 1.2 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Corporate Bonds, Asset-Backed / Mortgage Backed Securities): |
% of Net Assets | |
Financials | 11.0 |
Industrials | 5.6 |
Communication Services | 5.3 |
Energy | 4.2 |
Health Care | 3.8 |
Consumer Discretionary | 3.0 |
Information Technology | 2.9 |
Consumer Staples | 2.8 |
Utilities | 2.0 |
Real Estate | 1.9 |
Materials | 1.7 |
44.2 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds–42.7% | Rate | Maturity | Face Amount | Value | |
Communication Services–5.3% | |||||
Alphabet, Inc. (Interactive Media & Svs.) | 1.900% | 08/15/2040 | $ 650,000 | $ 590,913 | |
AMC Networks, Inc. (Media) | 5.000% | 04/01/2024 | 20,000 | 20,254 | |
AMC Networks, Inc. (Media) | 4.250% | 02/15/2029 | 100,000 | 100,875 | |
America Movil S.A.B de C.V. (Wireless Telecom. Svs.) | 2.875% | 05/07/2030 | 550,000 | 579,698 | |
AT&T, Inc. (Diversified Telecom. Svs.) | 0.900% | 03/25/2024 | 550,000 | 551,199 | |
AT&T, Inc. (Diversified Telecom. Svs.) | 1.700% | 03/25/2026 | 550,000 | 555,812 | |
AT&T, Inc. (Diversified Telecom. Svs.) | 4.300% | 02/15/2030 | 175,000 | 202,269 | |
AT&T, Inc. (Diversified Telecom. Svs.) | 3.500% | 06/01/2041 | 875,000 | 908,921 | |
AT&T, Inc. (Diversified Telecom. Svs.) | 3.650% | 06/01/2051 | 1,100,000 | 1,141,967 | |
AT&T, Inc. (Diversified Telecom. Svs.) | (a) | 3.800% | 12/01/2057 | 1,870,000 | 1,948,320 |
Bell Telephone Co. of Canada or Bell Canada / The (Diversified Telecom. Svs.) | 0.750% | 03/17/2024 | 500,000 | 501,128 | |
Cars.com, Inc. (Interactive Media & Svs.) | (a) | 6.375% | 11/01/2028 | 150,000 | 159,981 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 5.500% | 05/01/2026 | 50,000 | 51,695 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 5.000% | 02/01/2028 | 150,000 | 157,312 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 4.500% | 08/15/2030 | 450,000 | 468,546 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 4.250% | 02/01/2031 | 225,000 | 229,219 |
CCO Holdings LLC / CCO Holdings Capital Corp. (Media) | (a) | 4.500% | 06/01/2033 | 175,000 | 179,070 |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 2.800% | 04/01/2031 | 375,000 | 383,367 | |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 6.484% | 10/23/2045 | 750,000 | 1,032,886 | |
Charter Communications Operating LLC / Charter Communications Operating Capital Corp. (Media) | 4.800% | 03/01/2050 | 705,000 | 809,727 | |
Comcast Corp. (Media) | 3.400% | 04/01/2030 | 225,000 | 248,365 | |
Comcast Corp. (Media) | 3.450% | 02/01/2050 | 2,250,000 | 2,427,945 | |
CSC Holdings LLC (Media) | (a) | 5.500% | 04/15/2027 | 200,000 | 210,010 |
CSC Holdings LLC (Media) | (a) | 7.500% | 04/01/2028 | 250,000 | 274,375 |
CSC Holdings LLC (Media) | (a) | 5.750% | 01/15/2030 | 200,000 | 207,750 |
CSC Holdings LLC (Media) | (a) | 4.500% | 11/15/2031 | 300,000 | 301,842 |
Cumulus Media New Holdings, Inc. (Media) | (a) | 6.750% | 07/01/2026 | 148,000 | 154,845 |
Deutsche Telekom International Finance B.V. (Diversified Telecom. Svs.) | (a) | 3.600% | 01/19/2027 | 1,100,000 | 1,209,876 |
Diamond Sports Group LLC / Diamond Sports Finance Co. (Media) | (a) | 5.375% | 08/15/2026 | 25,000 | 16,188 |
Diamond Sports Group LLC / Diamond Sports Finance Co. (Media) | (a) | 6.625% | 08/15/2027 | 25,000 | 12,278 |
DISH DBS Corp. (Media) | 7.750% | 07/01/2026 | 25,000 | 28,313 | |
DISH DBS Corp. (Media) | 7.375% | 07/01/2028 | 125,000 | 134,516 | |
DISH DBS Corp. (Media) | (a) | 5.125% | 06/01/2029 | 175,000 | 172,800 |
Entercom Media Corp. (Media) | (a) | 6.500% | 05/01/2027 | 175,000 | 182,000 |
Entercom Media Corp. (Media) | (a) | 6.750% | 03/31/2029 | 150,000 | 155,642 |
Fox Corp. (Media) | 5.576% | 01/25/2049 | 375,000 | 506,208 | |
Gray Television, Inc. (Media) | (a) | 5.875% | 07/15/2026 | 25,000 | 25,813 |
Gray Television, Inc. (Media) | (a) | 4.750% | 10/15/2030 | 125,000 | 124,566 |
Grupo Televisa S.A.B. (Media) | 5.000% | 05/13/2045 | 1,100,000 | 1,310,243 | |
iHeartCommunications, Inc. (Media) | 6.375% | 05/01/2026 | 50,000 | 53,188 | |
iHeartCommunications, Inc. (Media) | 8.375% | 05/01/2027 | 200,000 | 214,250 | |
iHeartCommunications, Inc. (Media) | (a) | 5.250% | 08/15/2027 | 225,000 | 235,215 |
Interpublic Group of Cos., Inc. / The (Media) | 3.375% | 03/01/2041 | 1,395,000 | 1,447,220 | |
Lamar Media Corp. (Media) | 3.750% | 02/15/2028 | 75,000 | 76,313 | |
Lamar Media Corp. (Media) | 4.875% | 01/15/2029 | 75,000 | 79,125 | |
Match Group Holdings II LLC (Interactive Media & Svs.) | (a) | 5.000% | 12/15/2027 | 125,000 | 131,406 |
Match Group Holdings II LLC (Interactive Media & Svs.) | (a) | 4.625% | 06/01/2028 | 150,000 | 155,981 |
Match Group Holdings II LLC (Interactive Media & Svs.) | (a) | 4.125% | 08/01/2030 | 25,000 | 25,438 |
Nexstar Broadcasting, Inc. (Media) | (a) | 5.625% | 07/15/2027 | 250,000 | 265,000 |
Nexstar Broadcasting, Inc. (Media) | (a) | 4.750% | 11/01/2028 | 75,000 | 77,063 |
Omnicom Group, Inc. (Media) | 2.450% | 04/30/2030 | 725,000 | 736,425 | |
Outfront Media Capital LLC / Outfront Media Capital Corp. (Media) | (a) | 4.250% | 01/15/2029 | 75,000 | 75,469 |
Outfront Media Capital LLC / Outfront Media Capital Corp. (Media) | (a) | 4.625% | 03/15/2030 | 25,000 | 25,375 |
Rackspace Technology Global, Inc. (Interactive Media & Svs.) | (a) | 3.500% | 02/15/2028 | 100,000 | 96,750 |
Rackspace Technology Global, Inc. (Interactive Media & Svs.) | (a) | 5.375% | 12/01/2028 | 75,000 | 76,875 |
Scripps Escrow, Inc. (Media) | (a) | 5.875% | 07/15/2027 | 275,000 | 284,721 |
Sinclair Television Group, Inc. (Media) | (a) | 5.875% | 03/15/2026 | 150,000 | 154,824 |
Sinclair Television Group, Inc. (Media) | (a) | 5.125% | 02/15/2027 | 100,000 | 100,375 |
Sinclair Television Group, Inc. (Media) | (a) | 5.500% | 03/01/2030 | 100,000 | 101,959 |
Sirius XM Radio, Inc. (Media) | (a) | 4.625% | 07/15/2024 | 250,000 | 256,600 |
Sirius XM Radio, Inc. (Media) | (a) | 5.375% | 07/15/2026 | 50,000 | 51,625 |
Sirius XM Radio, Inc. (Media) | (a) | 5.500% | 07/01/2029 | 50,000 | 54,485 |
Sirius XM Radio, Inc. (Media) | (a) | 4.125% | 07/01/2030 | 100,000 | 100,888 |
Sky Ltd. (Media) | (a) | 3.750% | 09/16/2024 | 575,000 | 628,455 |
Sprint Capital Corp. (Wireless Telecom. Svs.) | 6.875% | 11/15/2028 | 50,000 | 64,125 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Communication Services (continued) | |||||
Sprint Corp. (Wireless Telecom. Svs.) | 7.625% | 03/01/2026 | $ 75,000 | $ 91,500 | |
TEGNA, Inc. (Media) | (a) | 4.750% | 03/15/2026 | 100,000 | 106,500 |
TEGNA, Inc. (Media) | 4.625% | 03/15/2028 | 150,000 | 155,625 | |
TEGNA, Inc. (Media) | 5.000% | 09/15/2029 | 75,000 | 78,486 | |
Telefonica Emisiones SA (Diversified Telecom. Svs.) | 4.895% | 03/06/2048 | 1,100,000 | 1,317,175 | |
Telenet Finance Luxembourg Notes SARL (Media) | (a) | 5.500% | 03/01/2028 | 600,000 | 631,200 |
Terrier Media Buyer, Inc. (Media) | (a) | 8.875% | 12/15/2027 | 250,000 | 270,312 |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 4.500% | 02/01/2026 | 50,000 | 50,956 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 4.750% | 02/01/2028 | 525,000 | 562,406 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | (a) | 3.375% | 04/15/2029 | 200,000 | 206,399 |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.875% | 04/15/2030 | 525,000 | 586,855 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 4.500% | 04/15/2050 | 450,000 | 535,830 | |
T-Mobile U.S.A., Inc. (Wireless Telecom. Svs.) | 3.300% | 02/15/2051 | 700,000 | 698,845 | |
Townsquare Media, Inc. (Media) | (a) | 6.875% | 02/01/2026 | 25,000 | 26,750 |
Univision Communications, Inc. (Media) | (a) | 4.500% | 05/01/2029 | 25,000 | 25,188 |
UPC Broadband Finco B.V. (Media) | (a) | 4.875% | 07/15/2031 | 200,000 | 200,460 |
Urban One, Inc. (Media) | (a) | 7.375% | 02/01/2028 | 175,000 | 189,000 |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 3.400% | 03/22/2041 | 2,205,000 | 2,332,543 | |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 4.000% | 03/22/2050 | 1,300,000 | 1,492,940 | |
ViacomCBS, Inc. (Media) | 4.950% | 01/15/2031 | 800,000 | 964,255 | |
ViacomCBS, Inc. (Media) | 4.900% | 08/15/2044 | 450,000 | 545,816 | |
Virgin Media Finance PLC (Media) | (a) | 5.000% | 07/15/2030 | 400,000 | 404,116 |
Vodafone Group PLC (Wireless Telecom. Svs.) | 4.125% | 05/30/2025 | 525,000 | 585,990 | |
Vodafone Group PLC (Wireless Telecom. Svs.) | 5.250% | 05/30/2048 | 650,000 | 856,483 | |
Walt Disney Co. / The (Entertainment) | 3.800% | 03/22/2030 | 125,000 | 142,745 | |
Walt Disney Co. / The (Entertainment) | 4.700% | 03/23/2050 | 525,000 | 700,077 | |
Walt Disney Co. / The (Entertainment) | 3.600% | 01/13/2051 | 350,000 | 396,728 | |
WMG Acquisition Corp. (Entertainment) | (a) | 3.875% | 07/15/2030 | 50,000 | 50,495 |
Ziggo B.V. (Diversified Telecom. Svs.) | (a) | 5.500% | 01/15/2027 | 176,000 | 182,864 |
Ziggo Bond Co. B.V. (Media) | (a) | 5.125% | 02/28/2030 | 400,000 | 409,396 |
38,643,819 | |||||
Consumer Discretionary–3.0% | |||||
1011778 B.C. ULC / New Red Finance, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.000% | 10/15/2030 | 350,000 | 338,625 |
Academy Ltd. (Specialty Retail) | (a) | 6.000% | 11/15/2027 | 100,000 | 106,875 |
Adient Global Holdings Ltd. (Auto Components) | (a) | 4.875% | 08/15/2026 | 250,000 | 257,307 |
Advance Auto Parts, Inc. (Specialty Retail) | 3.900% | 04/15/2030 | 1,375,000 | 1,532,416 | |
Affinity Gaming (Hotels, Restaurants & Leisure) | (a) | 6.875% | 12/15/2027 | 175,000 | 185,719 |
Alibaba Group Holding Ltd. (Internet & Direct Marketing Retail) | 2.125% | 02/09/2031 | 700,000 | 688,114 | |
Amazon.com, Inc. (Internet & Direct Marketing Retail) | 3.875% | 08/22/2037 | 875,000 | 1,043,394 | |
Amazon.com, Inc. (Internet & Direct Marketing Retail) | 2.500% | 06/03/2050 | 725,000 | 685,054 | |
Aramark Services, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.000% | 04/01/2025 | 250,000 | 256,250 |
Aramark Services, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.000% | 02/01/2028 | 75,000 | 78,540 |
AutoNation, Inc. (Specialty Retail) | 4.750% | 06/01/2030 | 1,135,000 | 1,342,368 | |
AutoZone, Inc. (Specialty Retail) | 4.000% | 04/15/2030 | 675,000 | 767,182 | |
Bally's Corp. (Hotels, Restaurants & Leisure) | (a) | 6.750% | 06/01/2027 | 75,000 | 79,922 |
Booking Holdings, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 04/13/2030 | 700,000 | 835,293 | |
Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | (a) | 8.625% | 06/01/2025 | 75,000 | 82,678 |
Boyd Gaming Corp. (Hotels, Restaurants & Leisure) | 4.750% | 12/01/2027 | 250,000 | 258,750 | |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 6.250% | 07/01/2025 | 100,000 | 106,000 |
Caesars Entertainment, Inc. (Hotels, Restaurants & Leisure) | (a) | 8.125% | 07/01/2027 | 75,000 | 83,415 |
Caesars Resort Collection LLC / CRC Finco, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.250% | 10/15/2025 | 225,000 | 227,812 |
Clarios Global LP (Automobiles) | (a) | 6.750% | 05/15/2025 | 122,000 | 129,928 |
Clarios Global LP / Clarios U.S. Finance Co. (Auto Components) | (a) | 6.250% | 05/15/2026 | 22,000 | 23,437 |
Clarios Global LP / Clarios U.S. Finance Co. (Auto Components) | (a) | 8.500% | 05/15/2027 | 300,000 | 327,060 |
Daimler Finance North America LLC (Automobiles) | (a) | 3.350% | 02/22/2023 | 950,000 | 993,275 |
Dana Financing Luxembourg SARL (Auto Components) | (a) | 5.750% | 04/15/2025 | 75,000 | 77,344 |
Dana, Inc. (Auto Components) | 5.375% | 11/15/2027 | 125,000 | 133,125 | |
Dollar General Corp. (Multiline Retail) | 3.875% | 04/15/2027 | 1,075,000 | 1,205,224 | |
Dollar Tree, Inc. (Multiline Retail) | 3.700% | 05/15/2023 | 1,175,000 | 1,241,587 | |
Expedia Group, Inc. (Hotels, Restaurants & Leisure) | 3.800% | 02/15/2028 | 750,000 | 815,693 | |
Expedia Group, Inc. (Hotels, Restaurants & Leisure) | 2.950% | 03/15/2031 | 750,000 | 759,985 | |
Garda World Security Corp. (Diversified Consumer Svs.) | (a) | 9.500% | 11/01/2027 | 225,000 | 249,187 |
Gates Global LLC / Gates Corp. (Auto Components) | (a) | 6.250% | 01/15/2026 | 275,000 | 288,067 |
General Motors Co. (Automobiles) | 6.125% | 10/01/2025 | 575,000 | 680,686 | |
Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure) | (a) | 5.375% | 05/01/2025 | 100,000 | 105,250 |
Hilton Domestic Operating Co., Inc. (Hotels, Restaurants & Leisure) | (a) | 3.625% | 02/15/2032 | 100,000 | 98,750 |
Home Depot, Inc. / The (Specialty Retail) | 3.300% | 04/15/2040 | 1,300,000 | 1,423,951 | |
IHO Verwaltungs GmbH (Auto Components) | (a)(b) | 4.750%, 5.500% PIK | 09/15/2026 | 200,000 | 204,458 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Consumer Discretionary (continued) | |||||
J.B. Poindexter & Co., Inc. (Auto Components) | (a) | 7.125% | 04/15/2026 | $ 50,000 | $ 52,813 |
Levi Strauss & Co. (Textiles, Apparel & Luxury Goods) | (a) | 3.500% | 03/01/2031 | 25,000 | 24,855 |
MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.625% | 06/15/2025 | 75,000 | 80,128 |
MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer, Inc. (Hotels, Restaurants & Leisure) | 4.500% | 01/15/2028 | 75,000 | 79,313 | |
MGM Resorts International (Hotels, Restaurants & Leisure) | 6.750% | 05/01/2025 | 75,000 | 80,337 | |
MGM Resorts International (Hotels, Restaurants & Leisure) | 4.625% | 09/01/2026 | 100,000 | 105,625 | |
MGM Resorts International (Hotels, Restaurants & Leisure) | 4.750% | 10/15/2028 | 50,000 | 53,125 | |
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. (Hotels, Restaurants & Leisure) | (a) | 4.875% | 05/01/2029 | 150,000 | 150,188 |
Mohegan Gaming & Entertainment (Hotels, Restaurants & Leisure) | (a) | 8.000% | 02/01/2026 | 325,000 | 339,592 |
NMG Holding Co., Inc. / Neiman Marcus Group LLC (Specialty Retail) | (a) | 7.125% | 04/01/2026 | 175,000 | 186,812 |
O'Reilly Automotive, Inc. (Specialty Retail) | 4.200% | 04/01/2030 | 500,000 | 575,638 | |
O'Reilly Automotive, Inc. (Specialty Retail) | 1.750% | 03/15/2031 | 660,000 | 633,279 | |
Penn National Gaming, Inc. (Hotels, Restaurants & Leisure) | (a) | 5.625% | 01/15/2027 | 100,000 | 103,875 |
Penn National Gaming, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.125% | 07/01/2029 | 25,000 | 24,969 |
Raptor Acquisition Corp. / Raptor Co-Issuer LLC (Hotels, Restaurants & Leisure) | (a) | 4.875% | 11/01/2026 | 125,000 | 126,748 |
Real Hero Merger Sub 2, Inc. (Auto Components) | (a) | 6.250% | 02/01/2029 | 275,000 | 285,230 |
Scientific Games International, Inc. (Hotels, Restaurants & Leisure) | (a) | 8.625% | 07/01/2025 | 100,000 | 109,500 |
Scientific Games International, Inc. (Hotels, Restaurants & Leisure) | (a) | 7.250% | 11/15/2029 | 300,000 | 338,400 |
Signal Parent, Inc. (Diversified Consumer Svs.) | (a) | 6.125% | 04/01/2029 | 150,000 | 144,000 |
Six Flags Entertainment Corp. (Hotels, Restaurants & Leisure) | (a) | 5.500% | 04/15/2027 | 150,000 | 154,700 |
Stars Group Holdings B.V. / Stars Group U.S. Co-Borrower LLC (Hotels, Restaurants & Leisure) | (a) | 7.000% | 07/15/2026 | 100,000 | 103,504 |
Station Casinos LLC (Hotels, Restaurants & Leisure) | (a) | 5.000% | 10/01/2025 | 90,000 | 91,350 |
Station Casinos LLC (Hotels, Restaurants & Leisure) | (a) | 4.500% | 02/15/2028 | 125,000 | 127,131 |
William Carter Co. / The (Textiles, Apparel & Luxury Goods) | (a) | 5.500% | 05/15/2025 | 25,000 | 26,450 |
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | (a) | 4.375% | 08/15/2028 | 75,000 | 77,866 |
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 3.625% | 03/15/2031 | 50,000 | 49,750 | |
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 4.625% | 01/31/2032 | 150,000 | 157,500 | |
21,995,399 | |||||
Consumer Staples–2.8% | |||||
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | 5.750% | 03/15/2025 | 233,000 | 238,243 | |
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC (Food & Staples Retailing) | (a) | 5.875% | 02/15/2028 | 100,000 | 107,740 |
Alimentation Couche-Tard, Inc. (Food & Staples Retailing) | (a) | 3.800% | 01/25/2050 | 1,025,000 | 1,098,546 |
Altria Group, Inc. (Tobacco) | 3.875% | 09/16/2046 | 1,500,000 | 1,489,558 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.350% | 06/01/2040 | 600,000 | 714,144 | |
Anheuser-Busch InBev Worldwide, Inc. (Beverages) | 4.500% | 06/01/2050 | 2,050,000 | 2,494,830 | |
B.A.T. Capital Corp. (Tobacco) | 3.734% | 09/25/2040 | 300,000 | 293,134 | |
B.A.T. Capital Corp. (Tobacco) | 4.540% | 08/15/2047 | 1,025,000 | 1,090,007 | |
Coca-Cola Europacific Partners PLC (Beverages) | (a) | 1.500% | 01/15/2027 | 600,000 | 596,738 |
Coca-Cola Femsa S.A.B de C.V. (Beverages) | 2.750% | 01/22/2030 | 750,000 | 780,810 | |
Coca-Cola Femsa S.A.B de C.V. (Beverages) | 1.850% | 09/01/2032 | 450,000 | 434,857 | |
Conagra Brands, Inc. (Food Products) | 1.375% | 11/01/2027 | 680,000 | 663,578 | |
Constellation Brands, Inc. (Beverages) | 3.750% | 05/01/2050 | 600,000 | 663,967 | |
Edgewell Personal Care Co. (Personal Products) | (a) | 5.500% | 06/01/2028 | 75,000 | 79,500 |
Edgewell Personal Care Co. (Personal Products) | (a) | 4.125% | 04/01/2029 | 75,000 | 75,750 |
Energizer Holdings, Inc. (Household Products) | (a) | 4.375% | 03/31/2029 | 150,000 | 150,155 |
Flowers Foods, Inc. (Food Products) | 3.500% | 10/01/2026 | 925,000 | 1,006,497 | |
Flowers Foods, Inc. (Food Products) | 2.400% | 03/15/2031 | 185,000 | 185,353 | |
General Mills, Inc. (Food Products) | 3.700% | 10/17/2023 | 150,000 | 160,508 | |
Grupo Bimbo S.A.B de C.V. (Food Products) | (a) | 4.875% | 06/27/2044 | 925,000 | 1,104,746 |
J.M. Smucker Co. / The (Food Products) | 3.500% | 03/15/2025 | 200,000 | 218,114 | |
J.M. Smucker Co. / The (Food Products) | 2.375% | 03/15/2030 | 250,000 | 254,672 | |
Keurig Dr Pepper, Inc. (Beverages) | 4.417% | 05/25/2025 | 150,000 | 168,277 | |
Keurig Dr Pepper, Inc. (Beverages) | 3.200% | 05/01/2030 | 200,000 | 216,185 | |
Kraft Heinz Foods Co. (Food Products) | 3.875% | 05/15/2027 | 150,000 | 164,816 | |
Kraft Heinz Foods Co. (Food Products) | 4.375% | 06/01/2046 | 1,250,000 | 1,416,498 | |
Kroger Co. / The (Food & Staples Retailing) | 3.950% | 01/15/2050 | 575,000 | 654,304 | |
Mondelez International, Inc. (Food Products) | 1.500% | 05/04/2025 | 175,000 | 178,087 | |
Philip Morris International, Inc. (Tobacco) | 3.875% | 08/21/2042 | 865,000 | 956,936 | |
Post Holdings, Inc. (Food Products) | (a) | 5.750% | 03/01/2027 | 425,000 | 444,656 |
Post Holdings, Inc. (Food Products) | (a) | 4.625% | 04/15/2030 | 75,000 | 76,262 |
Smithfield Foods, Inc. (Food Products) | (a) | 3.000% | 10/15/2030 | 1,025,000 | 1,033,432 |
Sysco Corp. (Food & Staples Retailing) | 4.450% | 03/15/2048 | 1,025,000 | 1,225,132 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Consumer Staples (continued) | |||||
U.S. Foods, Inc. (Food & Staples Retailing) | (a) | 4.750% | 02/15/2029 | $ 150,000 | $ 153,000 |
Unilever Capital Corp. (Personal Products) | 0.375% | 09/14/2023 | 100,000 | 100,014 | |
20,689,046 | |||||
Energy–4.2% | |||||
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 7.875% | 05/15/2026 | 125,000 | 139,701 |
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 03/01/2027 | 225,000 | 234,000 |
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 01/15/2028 | 100,000 | 105,227 |
Antero Midstream Partners LP / Antero Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.375% | 06/15/2029 | 150,000 | 156,375 |
Antero Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.375% | 07/15/2026 | 50,000 | 56,875 |
Apache Corp. (Oil, Gas & Consumable Fuels) | 4.375% | 10/15/2028 | 225,000 | 239,512 | |
Archrock Partners LP / Archrock Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.875% | 04/01/2027 | 125,000 | 132,656 |
Archrock Partners LP / Archrock Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.250% | 04/01/2028 | 150,000 | 156,586 |
Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 7.000% | 11/01/2026 | 100,000 | 104,621 |
Ascent Resources Utica Holdings LLC / ARU Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.875% | 06/30/2029 | 100,000 | 100,000 |
Boardwalk Pipelines LP (Oil, Gas & Consumable Fuels) | 3.400% | 02/15/2031 | 1,300,000 | 1,379,872 | |
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 3.194% | 04/06/2025 | 500,000 | 538,751 | |
BP Capital Markets America, Inc. (Oil, Gas & Consumable Fuels) | 3.588% | 04/14/2027 | 1,000,000 | 1,107,158 | |
Canadian Natural Resources Ltd. (Oil, Gas & Consumable Fuels) | 3.900% | 02/01/2025 | 725,000 | 787,694 | |
Canadian Natural Resources Ltd. (Oil, Gas & Consumable Fuels) | 2.050% | 07/15/2025 | 725,000 | 744,890 | |
Cenovus Energy, Inc. (Oil, Gas & Consumable Fuels) | 4.250% | 04/15/2027 | 1,300,000 | 1,452,621 | |
Centennial Resource Production LLC (Oil, Gas & Consumable Fuels) | (a) | 6.875% | 04/01/2027 | 75,000 | 76,696 |
Cheniere Energy Partners LP (Oil, Gas & Consumable Fuels) | 5.625% | 10/01/2026 | 125,000 | 129,688 | |
Cheniere Energy Partners LP (Oil, Gas & Consumable Fuels) | 4.500% | 10/01/2029 | 100,000 | 107,500 | |
Cheniere Energy, Inc. (Oil, Gas & Consumable Fuels) | (a) | 4.625% | 10/15/2028 | 25,000 | 26,375 |
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.875% | 02/01/2029 | 25,000 | 27,061 |
Chevron Corp. (Oil, Gas & Consumable Fuels) | 3.078% | 05/11/2050 | 650,000 | 672,300 | |
CNX Midstream Partners LP / CNX Midstream Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.500% | 03/15/2026 | 250,000 | 262,250 |
Comstock Resources, Inc. (Oil, Gas & Consumable Fuels) | (a) | 6.750% | 03/01/2029 | 150,000 | 159,784 |
Continental Resources, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.750% | 01/15/2031 | 150,000 | 179,625 |
CrownRock LP / CrownRock Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.625% | 10/15/2025 | 225,000 | 232,875 |
CrownRock LP / CrownRock Finance, Inc. (Oil, Gas & Consumable Fuels) | (a) | 5.000% | 05/01/2029 | 75,000 | 78,769 |
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | (a) | 4.375% | 06/15/2031 | 75,000 | 76,634 |
Eastern Gas Transmission & Storage, Inc. (Oil, Gas & Consumable Fuels) | (a) | 3.900% | 11/15/2049 | 150,000 | 162,449 |
Enbridge Energy Partners LP (Oil, Gas & Consumable Fuels) | 5.500% | 09/15/2040 | 700,000 | 902,335 | |
Energy Transfer LP (Oil, Gas & Consumable Fuels) | 3.750% | 05/15/2030 | 700,000 | 760,402 | |
Energy Transfer LP (Oil, Gas & Consumable Fuels) | 5.000% | 05/15/2050 | 575,000 | 664,593 | |
Enterprise Products Operating LLC (Oil, Gas & Consumable Fuels) | 3.950% | 02/15/2027 | 300,000 | 335,152 | |
Enterprise Products Operating LLC (Oil, Gas & Consumable Fuels) | 3.700% | 01/31/2051 | 1,150,000 | 1,233,283 | |
Enviva Partners LP / Enviva Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 6.500% | 01/15/2026 | 75,000 | 78,375 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | 5.500% | 07/15/2028 | 275,000 | 297,159 | |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | (a) | 4.500% | 01/15/2029 | 75,000 | 76,303 |
EQM Midstream Partners LP (Oil, Gas & Consumable Fuels) | 6.500% | 07/15/2048 | 175,000 | 187,250 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | 7.625% | 02/01/2025 | 75,000 | 87,487 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | 5.000% | 01/15/2029 | 25,000 | 27,874 | |
EQT Corp. (Oil, Gas & Consumable Fuels) | (a) | 3.625% | 05/15/2031 | 50,000 | 52,125 |
Hess Corp. (Oil, Gas & Consumable Fuels) | 5.600% | 02/15/2041 | 885,000 | 1,104,724 | |
Hess Midstream Operations LP (Oil, Gas & Consumable Fuels) | (a) | 5.125% | 06/15/2028 | 75,000 | 78,656 |
Holly Energy Partners LP / Holly Energy Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 5.000% | 02/01/2028 | 75,000 | 76,688 |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 4.300% | 03/01/2028 | 875,000 | 998,765 | |
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 3.250% | 08/01/2050 | 420,000 | 406,157 | |
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 4.400% | 07/15/2027 | 1,025,000 | 1,160,929 | |
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.750% | 09/15/2044 | 725,000 | 856,614 | |
Nabors Industries Ltd. (Energy Equip. & Svs.) | (a) | 7.250% | 01/15/2026 | 125,000 | 122,500 |
NuStar Logistics LP (Oil, Gas & Consumable Fuels) | 6.000% | 06/01/2026 | 150,000 | 162,750 | |
NuStar Logistics LP (Oil, Gas & Consumable Fuels) | 6.375% | 10/01/2030 | 75,000 | 82,868 | |
Oasis Midstream Partners LP / OMP Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.000% | 04/01/2029 | 75,000 | 79,729 |
Oasis Petroleum, Inc. (Oil, Gas & Consumable Fuels) | (a) | 6.375% | 06/01/2026 | 175,000 | 182,478 |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 2.900% | 08/15/2024 | 125,000 | 127,813 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 8.000% | 07/15/2025 | 125,000 | 149,687 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 8.875% | 07/15/2030 | 100,000 | 133,739 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 6.450% | 09/15/2036 | 175,000 | 209,230 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.300% | 08/15/2039 | 175,000 | 167,125 | |
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 4.400% | 04/15/2046 | 150,000 | 144,075 | |
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 2.200% | 09/15/2025 | 225,000 | 231,229 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Energy (continued) | |||||
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 4.500% | 03/15/2050 | $ 875,000 | $ 973,853 | |
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 5.750% | 05/15/2026 | 25,000 | 26,117 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 0.900% | 02/15/2024 | 150,000 | 150,197 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 3.850% | 04/09/2025 | 500,000 | 550,222 | |
Phillips 66 (Oil, Gas & Consumable Fuels) | 4.875% | 11/15/2044 | 725,000 | 901,373 | |
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 2.150% | 01/15/2031 | 725,000 | 710,404 | |
Precision Drilling Corp. (Energy Equip. & Svs.) | (a) | 6.875% | 01/15/2029 | 75,000 | 77,250 |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | 4.875% | 05/15/2025 | 50,000 | 51,750 | |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | 9.250% | 02/01/2026 | 25,000 | 27,563 | |
Range Resources Corp. (Oil, Gas & Consumable Fuels) | (a) | 8.250% | 01/15/2029 | 100,000 | 112,750 |
Rattler Midstream LP (Oil, Gas & Consumable Fuels) | (a) | 5.625% | 07/15/2025 | 25,000 | 26,281 |
Shell International Finance B.V. (Oil, Gas & Consumable Fuels) | 0.375% | 09/15/2023 | 680,000 | 679,509 | |
Shell International Finance B.V. (Oil, Gas & Consumable Fuels) | 2.375% | 04/06/2025 | 575,000 | 604,491 | |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 6.750% | 09/15/2026 | 50,000 | 50,875 | |
SM Energy Co. (Oil, Gas & Consumable Fuels) | 6.500% | 07/15/2028 | 100,000 | 102,750 | |
Southwestern Energy Co. (Oil, Gas & Consumable Fuels) | 7.750% | 10/01/2027 | 25,000 | 27,125 | |
Suncor Energy, Inc. (Oil, Gas & Consumable Fuels) | 3.750% | 03/04/2051 | 1,150,000 | 1,243,972 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 5.875% | 04/15/2026 | 100,000 | 105,031 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | 5.375% | 02/01/2027 | 150,000 | 156,187 | |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 4.875% | 02/01/2031 | 150,000 | 162,375 |
Targa Resources Partners LP / Targa Resources Partners Finance Corp. (Oil, Gas & Consumable Fuels) | (a) | 4.000% | 01/15/2032 | 75,000 | 77,149 |
U.S.A. Compression Partners LP / U.S.A. Compression Finance Corp. (Energy Equip. & Svs.) | 6.875% | 04/01/2026 | 300,000 | 314,250 | |
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 2.150% | 09/15/2027 | 920,000 | 934,562 | |
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 4.350% | 06/01/2028 | 500,000 | 568,834 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 4.000% | 07/01/2022 | 100,000 | 101,625 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 4.500% | 03/01/2028 | 200,000 | 213,500 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.300% | 03/01/2048 | 75,000 | 79,875 | |
Western Midstream Operating LP (Oil, Gas & Consumable Fuels) | 5.500% | 08/15/2048 | 25,000 | 27,210 | |
Williams Cos., Inc. / The (Oil, Gas & Consumable Fuels) | 3.750% | 06/15/2027 | 725,000 | 805,447 | |
30,669,166 | |||||
Financials–9.5% | |||||
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Insurance) | (a) | 6.750% | 10/15/2027 | 100,000 | 105,096 |
American Express Credit Corp. (Consumer Finance) | 3.300% | 05/03/2027 | 1,150,000 | 1,272,162 | |
American Honda Finance Corp. (Consumer Finance) | 0.875% | 07/07/2023 | 1,100,000 | 1,109,910 | |
American International Group, Inc. (Insurance) | 4.500% | 07/16/2044 | 725,000 | 879,962 | |
AmWINS Group, Inc. (Insurance) | (a) | 7.750% | 07/01/2026 | 425,000 | 450,776 |
Ardonagh Midco 2 PLC (Insurance) | (a)(b) | 11.500%, 12.700% PIK | 01/15/2027 | 200,000 | 219,000 |
AssuredPartners, Inc. (Insurance) | (a) | 7.000% | 08/15/2025 | 75,000 | 76,594 |
AssuredPartners, Inc. (Insurance) | (a) | 5.625% | 01/15/2029 | 125,000 | 125,000 |
Bank of America Corp. (Rate is fixed until 02/13/2025, at which point, the rate becomes QL + 64) (Banks) | (c) | 2.015% | 02/13/2026 | 3,425,000 | 3,531,334 |
Bank of America Corp. (Rate is fixed until 04/29/2030, at which point, the rate becomes SOFR + 215) (Banks) | (c) | 2.592% | 04/29/2031 | 2,600,000 | 2,680,437 |
Bank of America Corp. (Rate is fixed until 04/22/2031, at which point, the rate becomes SOFR + 132) (Banks) | (c) | 2.687% | 04/22/2032 | 1,450,000 | 1,491,752 |
Bank of New York Mellon Corp. / The (Capital Markets) | 2.200% | 08/16/2023 | 1,850,000 | 1,915,832 | |
BlackRock, Inc. (Capital Markets) | 1.900% | 01/28/2031 | 575,000 | 575,351 | |
BroadStreet Partners, Inc. (Insurance) | (a) | 5.875% | 04/15/2029 | 175,000 | 178,500 |
Capital One Financial Corp. (Consumer Finance) | 3.900% | 01/29/2024 | 1,025,000 | 1,106,200 | |
Chubb INA Holdings, Inc. (Insurance) | 3.350% | 05/03/2026 | 575,000 | 631,299 | |
Citigroup, Inc. (Rate is fixed until 01/24/2022, at which point, the rate becomes QL + 72) (Banks) | (c) | 3.142% | 01/24/2023 | 1,600,000 | 1,624,210 |
Citigroup, Inc. (Rate is fixed until 04/24/2024, at which point, the rate becomes QL + 90) (Banks) | (c) | 3.352% | 04/24/2025 | 1,000,000 | 1,065,553 |
Citigroup, Inc. (Rate is fixed until 01/28/2026, at which point, the rate becomes SOFR + 77) (Banks) | (c) | 1.122% | 01/28/2027 | 875,000 | 862,611 |
Citigroup, Inc. (Rate is fixed until 01/29/2030, at which point, the rate becomes SOFR + 115) (Banks) | (c) | 2.666% | 01/29/2031 | 2,200,000 | 2,270,468 |
Citizens Bank N.A. (Banks) | 3.750% | 02/18/2026 | 725,000 | 801,869 | |
Comerica, Inc. (Banks) | 3.800% | 07/22/2026 | 675,000 | 747,140 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.250% | 09/20/2022 | 400,000 | 413,028 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 4.063% | 11/01/2024 | 250,000 | 265,912 | |
Ford Motor Credit Co. LLC (Consumer Finance) | 5.113% | 05/03/2029 | 400,000 | 447,792 | |
GE Capital Funding LLC (Diversified Financial Svs.) | 4.400% | 05/15/2030 | 1,550,000 | 1,806,265 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Financials (continued) | |||||
General Motors Financial Co., Inc. (Consumer Finance) | 2.900% | 02/26/2025 | $ 1,175,000 | $ 1,243,782 | |
General Motors Financial Co., Inc. (Consumer Finance) | 2.700% | 08/20/2027 | 1,025,000 | 1,065,102 | |
General Motors Financial Co., Inc. (Consumer Finance) | 2.400% | 04/10/2028 | 725,000 | 736,016 | |
Goldman Sachs Group, Inc. / The (Capital Markets) | 3.500% | 04/01/2025 | 1,075,000 | 1,166,265 | |
Goldman Sachs Group, Inc. / The (Capital Markets) | 3.800% | 03/15/2030 | 1,900,000 | 2,135,400 | |
Goldman Sachs Group, Inc. / The (Rate is fixed until 01/27/2031, at which point, the rate becomes SOFR + 109) (Capital Markets) | (c) | 1.992% | 01/27/2032 | 1,100,000 | 1,068,314 |
GTCR AP Finance, Inc. (Insurance) | (a) | 8.000% | 05/15/2027 | 175,000 | 186,375 |
Hartford Financial Services Group, Inc. / The (Insurance) | 3.600% | 08/19/2049 | 575,000 | 630,451 | |
HSBC Holdings PLC (Banks) | 3.900% | 05/25/2026 | 1,350,000 | 1,501,374 | |
HUB International Ltd. (Insurance) | (a) | 7.000% | 05/01/2026 | 200,000 | 207,418 |
Huntington Bancshares, Inc. (Banks) | 2.550% | 02/04/2030 | 650,000 | 676,473 | |
Hyundai Capital America (Consumer Finance) | (a) | 2.375% | 10/15/2027 | 1,330,000 | 1,359,720 |
Jefferies Group LLC (Diversified Financial Svs.) | 2.750% | 10/15/2032 | 605,000 | 607,550 | |
John Deere Capital Corp. (Consumer Finance) | 3.450% | 03/07/2029 | 1,100,000 | 1,235,490 | |
JPMorgan Chase & Co. (Rate is fixed until 04/25/2022, at which point, the rate becomes QL + 94) (Banks) | (c) | 2.776% | 04/25/2023 | 1,350,000 | 1,375,959 |
JPMorgan Chase & Co. (Banks) | 3.125% | 01/23/2025 | 725,000 | 778,005 | |
JPMorgan Chase & Co. (Rate is fixed until 04/22/2030, at which point, the rate becomes SOFR + 204) (Banks) | (c) | 2.522% | 04/22/2031 | 900,000 | 926,094 |
JPMorgan Chase & Co. (Rate is fixed until 11/19/2030, at which point, the rate becomes SOFR + 111) (Banks) | (c) | 1.764% | 11/19/2031 | 100,000 | 95,901 |
JPMorgan Chase & Co. (Rate is fixed until 02/04/2031, at which point, the rate becomes SOFR + 107) (Banks) | (c) | 1.953% | 02/04/2032 | 1,710,000 | 1,660,750 |
JPMorgan Chase & Co. (Rate is fixed until 04/22/2031, at which point, the rate becomes SOFR + 125) (Banks) | (c) | 2.580% | 04/22/2032 | 100,000 | 102,634 |
LD Holdings Group LLC (Thrifts & Mortgage Finance) | (a) | 6.125% | 04/01/2028 | 25,000 | 24,969 |
Liberty Mutual Group, Inc. (Insurance) | (a) | 3.951% | 10/15/2050 | 650,000 | 724,037 |
Lincoln National Corp. (Insurance) | 4.000% | 09/01/2023 | 600,000 | 643,787 | |
M&T Bank Corp. (Banks) | 3.550% | 07/26/2023 | 1,075,000 | 1,142,189 | |
MetLife, Inc. (Insurance) | 4.050% | 03/01/2045 | 575,000 | 684,993 | |
Morgan Stanley (Capital Markets) | 4.100% | 05/22/2023 | 650,000 | 692,113 | |
Morgan Stanley (Capital Markets) | 6.250% | 08/09/2026 | 650,000 | 803,252 | |
Morgan Stanley (Rate is fixed until 01/24/2028, at which point, the rate becomes QL + 114) (Capital Markets) | (c) | 3.772% | 01/24/2029 | 2,050,000 | 2,300,772 |
Morgan Stanley (Rate is fixed until 02/13/2031, at which point, the rate becomes SOFR + 103) (Capital Markets) | (c) | 1.794% | 02/13/2032 | 825,000 | 792,670 |
Morgan Stanley (Rate is fixed until 04/28/2031, at which point, the rate becomes SOFR + 102) (Capital Markets) | (c) | 1.928% | 04/28/2032 | 250,000 | 243,007 |
Nationwide Mutual Insurance Co. (Insurance) | (a) | 4.950% | 04/22/2044 | 460,000 | 550,042 |
Navient Corp. (Consumer Finance) | 6.500% | 06/15/2022 | 25,000 | 26,068 | |
Navient Corp. (Consumer Finance) | 5.875% | 10/25/2024 | 175,000 | 188,781 | |
Navient Corp. (Consumer Finance) | 4.875% | 03/15/2028 | 100,000 | 100,500 | |
NFP Corp. (Insurance) | (a) | 4.875% | 08/15/2028 | 100,000 | 101,614 |
NFP Corp. (Insurance) | (a) | 6.875% | 08/15/2028 | 300,000 | 315,813 |
Prudential Financial, Inc. (Insurance) | 3.700% | 03/13/2051 | 875,000 | 997,629 | |
Quicken Loans LLC (Thrifts & Mortgage Finance) | (a) | 5.250% | 01/15/2028 | 100,000 | 105,000 |
Quicken Loans LLC / Quicken Loans Co-Issuer, Inc. (Thrifts & Mortgage Finance) | (a) | 3.625% | 03/01/2029 | 150,000 | 148,125 |
Quicken Loans LLC / Quicken Loans Co-Issuer, Inc. (Thrifts & Mortgage Finance) | (a) | 3.875% | 03/01/2031 | 25,000 | 25,187 |
Raymond James Financial, Inc. (Capital Markets) | 4.650% | 04/01/2030 | 100,000 | 119,606 | |
Regions Financial Corp. (Banks) | 2.250% | 05/18/2025 | 495,000 | 515,444 | |
Stifel Financial Corp. (Capital Markets) | 4.000% | 05/15/2030 | 200,000 | 221,524 | |
Synovus Bank (Rate is fixed until 02/10/2022, at which point, the rate becomes SOFR + 95) (Banks) | (c) | 2.289% | 02/10/2023 | 750,000 | 755,799 |
Toyota Motor Credit Corp. (Consumer Finance) | 2.700% | 01/11/2023 | 925,000 | 958,434 | |
Travelers Cos., Inc. / The (Insurance) | 2.550% | 04/27/2050 | 875,000 | 844,271 | |
Truist Bank (Banks) | 3.000% | 02/02/2023 | 2,050,000 | 2,132,070 | |
U.S. Bancorp (Banks) | 1.375% | 07/22/2030 | 1,175,000 | 1,132,427 | |
United Wholesale Mortgage LLC (Thrifts & Mortgage Finance) | (a) | 5.500% | 11/15/2025 | 275,000 | 284,771 |
United Wholesale Mortgage LLC (Thrifts & Mortgage Finance) | (a) | 5.500% | 04/15/2029 | 50,000 | 49,988 |
USI, Inc. (Insurance) | (a) | 6.875% | 05/01/2025 | 425,000 | 430,325 |
Volkswagen Group of America Finance LLC (Consumer Finance) | (a) | 4.250% | 11/13/2023 | 1,350,000 | 1,459,025 |
Wells Fargo & Co. (Banks) | 3.750% | 01/24/2024 | 1,025,000 | 1,102,336 | |
Wells Fargo & Co. (Banks) | 3.000% | 10/23/2026 | 1,600,000 | 1,725,449 | |
Wells Fargo & Co. (Rate is fixed until 02/11/2030, at which point, the rate becomes SOFR + 126) (Banks) | (c) | 2.572% | 02/11/2031 | 2,125,000 | 2,199,084 |
69,954,227 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Health Care–3.8% | |||||
Abbott Laboratories (Health Care Equip. & Supplies) | 3.750% | 11/30/2026 | $ 650,000 | $ 734,063 | |
AbbVie, Inc. (Biotechnology) | 3.200% | 11/21/2029 | 625,000 | 678,778 | |
Acadia Healthcare Co., Inc. (Health Care Providers & Svs.) | (a) | 5.500% | 07/01/2028 | 75,000 | 80,063 |
AdaptHealth LLC (Health Care Providers & Svs.) | (a) | 4.625% | 08/01/2029 | 25,000 | 25,313 |
AHP Health Partners, Inc. (Health Care Providers & Svs.) | (a) | 5.750% | 07/15/2029 | 25,000 | 25,344 |
Alcon Finance Corp. (Health Care Equip. & Supplies) | (a) | 2.600% | 05/27/2030 | 700,000 | 714,855 |
Amgen, Inc. (Biotechnology) | 3.375% | 02/21/2050 | 675,000 | 712,660 | |
Astrazeneca Finance LLC (Pharmaceuticals) | 2.250% | 05/28/2031 | 325,000 | 329,665 | |
AstraZeneca PLC (Pharmaceuticals) | 2.375% | 06/12/2022 | 125,000 | 127,365 | |
AstraZeneca PLC (Pharmaceuticals) | 3.125% | 06/12/2027 | 1,260,000 | 1,368,657 | |
Avantor Funding, Inc. (Health Care Equip. & Supplies) | (a) | 4.625% | 07/15/2028 | 150,000 | 158,365 |
Bausch Health Americas, Inc. (Pharmaceuticals) | (a) | 8.500% | 01/31/2027 | 250,000 | 271,725 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 6.125% | 04/15/2025 | 97,000 | 99,425 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.500% | 11/01/2025 | 50,000 | 51,300 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.000% | 01/30/2028 | 225,000 | 213,469 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.000% | 02/15/2029 | 300,000 | 279,750 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 6.250% | 02/15/2029 | 250,000 | 247,262 |
Bausch Health Cos., Inc. (Pharmaceuticals) | (a) | 5.250% | 02/15/2031 | 200,000 | 186,690 |
Bayer U.S. Finance LLC (Pharmaceuticals) | (a) | 3.375% | 10/08/2024 | 1,075,000 | 1,154,733 |
Becton Dickinson & Co. (Health Care Equip. & Supplies) | 4.685% | 12/15/2044 | 600,000 | 746,688 | |
Becton Dickinson & Co. (Health Care Equip. & Supplies) | 3.794% | 05/20/2050 | 300,000 | 335,439 | |
Biogen, Inc. (Biotechnology) | 3.150% | 05/01/2050 | 1,025,000 | 1,006,644 | |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 0.750% | 11/13/2025 | 345,000 | 342,001 | |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 3.900% | 02/20/2028 | 1,100,000 | 1,257,889 | |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 4.250% | 10/26/2049 | 300,000 | 378,546 | |
Centene Corp. (Health Care Providers & Svs.) | (a) | 5.375% | 08/15/2026 | 150,000 | 156,750 |
Centene Corp. (Health Care Providers & Svs.) | 4.250% | 12/15/2027 | 450,000 | 474,187 | |
Centene Corp. (Health Care Providers & Svs.) | 3.000% | 10/15/2030 | 150,000 | 154,092 | |
Charles River Laboratories International, Inc. (Life Sciences Tools & Svs.) | (a) | 3.750% | 03/15/2029 | 100,000 | 101,375 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.625% | 02/15/2025 | 150,000 | 158,623 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 5.625% | 03/15/2027 | 75,000 | 80,063 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.875% | 04/15/2029 | 75,000 | 78,485 |
CHS / Community Health Systems, Inc. (Health Care Providers & Svs.) | (a) | 6.125% | 04/01/2030 | 75,000 | 76,125 |
CVS Health Corp. (Health Care Providers & Svs.) | 2.875% | 06/01/2026 | 575,000 | 617,572 | |
CVS Health Corp. (Health Care Providers & Svs.) | 4.250% | 04/01/2050 | 1,225,000 | 1,452,069 | |
Danaher Corp. (Health Care Equip. & Supplies) | 2.600% | 10/01/2050 | 870,000 | 831,884 | |
DaVita, Inc. (Health Care Providers & Svs.) | (a) | 4.625% | 06/01/2030 | 125,000 | 128,528 |
DENTSPLY SIRONA, Inc. (Health Care Equip. & Supplies) | 3.250% | 06/01/2030 | 710,000 | 759,380 | |
Endo DAC / Endo Finance LLC / Endo Finco, Inc. (Pharmaceuticals) | (a) | 9.500% | 07/31/2027 | 5,000 | 5,100 |
Endo DAC / Endo Finance LLC / Endo Finco, Inc. (Pharmaceuticals) | (a) | 6.000% | 06/30/2028 | 25,000 | 16,859 |
Endo Luxembourg Finance Co. I SARL / Endo U.S., Inc. (Pharmaceuticals) | (a) | 6.125% | 04/01/2029 | 100,000 | 98,000 |
Global Medical Response, Inc. (Health Care Providers & Svs.) | (a) | 6.500% | 10/01/2025 | 350,000 | 360,062 |
HCA, Inc. (Health Care Providers & Svs.) | 5.375% | 02/01/2025 | 100,000 | 112,800 | |
HCA, Inc. (Health Care Providers & Svs.) | 5.375% | 09/01/2026 | 350,000 | 402,762 | |
HCA, Inc. (Health Care Providers & Svs.) | 3.500% | 09/01/2030 | 150,000 | 159,805 | |
IQVIA, Inc. (Life Sciences Tools & Svs.) | (a) | 5.000% | 05/15/2027 | 200,000 | 209,500 |
Jaguar Holding Co. II / PPD Development LP (Health Care Providers & Svs.) | (a) | 4.625% | 06/15/2025 | 25,000 | 26,250 |
Jaguar Holding Co. II / PPD Development LP (Health Care Providers & Svs.) | (a) | 5.000% | 06/15/2028 | 25,000 | 27,098 |
Jazz Securities DAC (Pharmaceuticals) | (a) | 4.375% | 01/15/2029 | 200,000 | 207,360 |
Legacy LifePoint Health LLC (Health Care Providers & Svs.) | (a) | 6.750% | 04/15/2025 | 150,000 | 159,847 |
LifePoint Health, Inc. (Health Care Providers & Svs.) | (a) | 5.375% | 01/15/2029 | 100,000 | 97,500 |
Mallinckrodt International Finance SA / Mallinckrodt CB LLC (Acquired 05/05/2020, Cost $12,500) (Pharmaceuticals) | (a)(d) | 5.625% | 10/15/2023 | 50,000 | 35,000 |
MEDNAX, Inc. (Health Care Providers & Svs.) | (a) | 6.250% | 01/15/2027 | 25,000 | 26,469 |
Merck & Co., Inc. (Pharmaceuticals) | 3.400% | 03/07/2029 | 1,300,000 | 1,456,878 | |
MPH Acquisition Holdings LLC (Health Care Providers & Svs.) | (a) | 5.750% | 11/01/2028 | 225,000 | 226,105 |
Organon & Co / Organon Foreign Debt Co-Issuer B.V. (Pharmaceuticals) | (a) | 5.125% | 04/30/2031 | 200,000 | 206,040 |
Par Pharmaceutical, Inc. (Pharmaceuticals) | (a) | 7.500% | 04/01/2027 | 14,000 | 14,313 |
PerkinElmer, Inc. (Life Sciences Tools & Svs.) | 3.300% | 09/15/2029 | 575,000 | 621,877 | |
PerkinElmer, Inc. (Life Sciences Tools & Svs.) | 2.550% | 03/15/2031 | 490,000 | 502,449 | |
Prestige Brands, Inc. (Pharmaceuticals) | (a) | 5.125% | 01/15/2028 | 225,000 | 236,871 |
Prestige Brands, Inc. (Pharmaceuticals) | (a) | 3.750% | 04/01/2031 | 25,000 | 24,103 |
Regeneron Pharmaceuticals, Inc. (Biotechnology) | 2.800% | 09/15/2050 | 1,102,000 | 1,003,431 | |
RegionalCare Hospital Partners Holdings, Inc. / LifePoint Health, Inc. (Health Care Providers & Svs.) | (a) | 9.750% | 12/01/2026 | 50,000 | 53,813 |
Royalty Pharma PLC (Pharmaceuticals) | (a) | 3.550% | 09/02/2050 | 785,000 | 780,797 |
Stryker Corp. (Health Care Equip. & Supplies) | 3.500% | 03/15/2026 | 600,000 | 662,345 | |
Syneos Health, Inc. (Life Sciences Tools & Svs.) | (a) | 3.625% | 01/15/2029 | 200,000 | 198,000 |
Takeda Pharmaceutical Co. Ltd. (Pharmaceuticals) | 2.050% | 03/31/2030 | 550,000 | 545,645 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Health Care (continued) | |||||
Takeda Pharmaceutical Co. Ltd. (Pharmaceuticals) | 3.025% | 07/09/2040 | $ 600,000 | $ 605,660 | |
Team Health Holdings, Inc. (Health Care Providers & Svs.) | (a) | 6.375% | 02/01/2025 | 150,000 | 142,659 |
Teleflex, Inc. (Health Care Equip. & Supplies) | (a) | 4.250% | 06/01/2028 | 75,000 | 78,188 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | 6.750% | 06/15/2023 | 100,000 | 109,125 | |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | 4.625% | 07/15/2024 | 50,000 | 50,735 | |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 4.875% | 01/01/2026 | 125,000 | 129,650 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 6.125% | 10/01/2028 | 125,000 | 133,205 |
Tenet Healthcare Corp. (Health Care Providers & Svs.) | (a) | 4.250% | 06/01/2029 | 150,000 | 151,875 |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 2.900% | 05/15/2050 | 320,000 | 323,223 | |
Vizient, Inc. (Health Care Providers & Svs.) | (a) | 6.250% | 05/15/2027 | 75,000 | 79,313 |
Zoetis, Inc. (Pharmaceuticals) | 3.000% | 05/15/2050 | 875,000 | 902,715 | |
27,779,249 | |||||
Industrials–5.6% | |||||
Airbus SE (Aerospace & Defense) | (a) | 3.150% | 04/10/2027 | 1,100,000 | 1,182,467 |
Allegion PLC (Building Products) | 3.500% | 10/01/2029 | 1,150,000 | 1,249,851 | |
Allied Universal Holdco LLC / Allied Universal Finance Corp. (Commercial Svs. & Supplies) | (a) | 6.625% | 07/15/2026 | 75,000 | 79,517 |
Allied Universal Holdco LLC / Allied Universal Finance Corp. (Commercial Svs. & Supplies) | (a) | 9.750% | 07/15/2027 | 125,000 | 137,656 |
Allied Universal Holdco LLC / Allied Universal Finance Corp. (Commercial Svs. & Supplies) | (a) | 6.000% | 06/01/2029 | 400,000 | 405,516 |
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. (Airlines) | (a) | 5.500% | 04/20/2026 | 150,000 | 158,813 |
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. (Airlines) | (a) | 5.750% | 04/20/2029 | 75,000 | 81,094 |
American Builders & Contractors Supply Co., Inc. (Trading Companies & Distributors) | (a) | 4.000% | 01/15/2028 | 75,000 | 76,853 |
BAE Systems PLC (Aerospace & Defense) | (a) | 3.000% | 09/15/2050 | 700,000 | 684,819 |
BCPE Empire Holdings, Inc. (Commercial Svs. & Supplies) | (a) | 7.625% | 05/01/2027 | 225,000 | 230,422 |
Boeing Co. / The (Aerospace & Defense) | 2.500% | 03/01/2025 | 600,000 | 621,992 | |
Boeing Co. / The (Aerospace & Defense) | 2.196% | 02/04/2026 | 1,025,000 | 1,034,797 | |
Boeing Co. / The (Aerospace & Defense) | 2.950% | 02/01/2030 | 225,000 | 230,377 | |
Boeing Co. / The (Aerospace & Defense) | 5.805% | 05/01/2050 | 975,000 | 1,312,965 | |
Brink's Co. / The (Commercial Svs. & Supplies) | (a) | 5.500% | 07/15/2025 | 25,000 | 26,547 |
Burlington Northern Santa Fe LLC (Road & Rail) | 3.000% | 04/01/2025 | 475,000 | 511,429 | |
Canadian Pacific Railway Co. (Road & Rail) | 2.050% | 03/05/2030 | 175,000 | 174,175 | |
Carrier Global Corp. (Building Products) | 2.722% | 02/15/2030 | 80,000 | 82,937 | |
Carrier Global Corp. (Building Products) | 2.700% | 02/15/2031 | 565,000 | 581,733 | |
Carrier Global Corp. (Building Products) | 3.577% | 04/05/2050 | 800,000 | 848,373 | |
Clarivate Science Holdings Corp. (Professional Svs.) | (a) | 4.875% | 06/30/2029 | 125,000 | 128,281 |
CNH Industrial N.V. (Machinery) | 3.850% | 11/15/2027 | 1,100,000 | 1,217,913 | |
Core & Main LP (Commercial Svs. & Supplies) | (a) | 6.125% | 08/15/2025 | 50,000 | 51,000 |
Cornerstone Building Brands, Inc. (Building Products) | (a) | 6.125% | 01/15/2029 | 175,000 | 187,687 |
CP Atlas Buyer, Inc. (Building Products) | (a) | 7.000% | 12/01/2028 | 175,000 | 181,344 |
Dun & Bradstreet Corp. / The (Professional Svs.) | (a) | 10.250% | 02/15/2027 | 210,000 | 231,888 |
Equifax, Inc. (Professional Svs.) | 2.600% | 12/15/2025 | 1,025,000 | 1,078,732 | |
ERAC U.S.A. Finance LLC (Road & Rail) | (a) | 3.850% | 11/15/2024 | 1,350,000 | 1,471,650 |
Experian Finance PLC (Professional Svs.) | (a) | 4.250% | 02/01/2029 | 650,000 | 737,616 |
FedEx Corp. (Air Freight & Logistics) | 4.250% | 05/15/2030 | 300,000 | 349,292 | |
FedEx Corp. (Air Freight & Logistics) | 4.050% | 02/15/2048 | 600,000 | 688,686 | |
Foundation Building Materials, Inc. (Trading Companies & Distributors) | (a) | 6.000% | 03/01/2029 | 250,000 | 247,500 |
Garda World Security Corp. (Commercial Svs. & Supplies) | (a) | 4.625% | 02/15/2027 | 75,000 | 75,375 |
Garda World Security Corp. (Commercial Svs. & Supplies) | (a) | 6.000% | 06/01/2029 | 175,000 | 173,687 |
GE Capital International Funding Co. Unlimited Co. (Industrial Conglomerates) | 4.418% | 11/15/2035 | 900,000 | 1,078,633 | |
General Dynamics Corp. (Aerospace & Defense) | 1.150% | 06/01/2026 | 670,000 | 672,477 | |
GXO Logistics, Inc. (Air Freight & Logistics) | (a) | 1.650% | 07/15/2026 | 685,000 | 681,548 |
GXO Logistics, Inc. (Air Freight & Logistics) | (a) | 2.650% | 07/15/2031 | 670,000 | 664,620 |
GYP Holdings III Corp. (Building Products) | (a) | 4.625% | 05/01/2029 | 75,000 | 75,281 |
H&E Equipment Services, Inc. (Trading Companies & Distributors) | (a) | 3.875% | 12/15/2028 | 150,000 | 147,600 |
Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd. (Airlines) | (a) | 5.750% | 01/20/2026 | 25,000 | 26,840 |
Honeywell International, Inc. (Industrial Conglomerates) | 1.350% | 06/01/2025 | 390,000 | 397,191 | |
Honeywell International, Inc. (Industrial Conglomerates) | 2.800% | 06/01/2050 | 270,000 | 277,578 | |
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 3.483% | 12/01/2027 | 1,175,000 | 1,282,645 | |
IHS Markit Ltd. (Professional Svs.) | 4.750% | 08/01/2028 | 725,000 | 854,847 | |
Interface, Inc. (Commercial Svs. & Supplies) | (a) | 5.500% | 12/01/2028 | 25,000 | 26,150 |
Kansas City Southern (Road & Rail) | 3.500% | 05/01/2050 | 675,000 | 711,431 | |
KAR Auction Services, Inc. (Commercial Svs. & Supplies) | (a) | 5.125% | 06/01/2025 | 225,000 | 230,895 |
Lennox International, Inc. (Building Products) | 3.000% | 11/15/2023 | 1,125,000 | 1,179,058 | |
Lockheed Martin Corp. (Aerospace & Defense) | 2.900% | 03/01/2025 | 775,000 | 830,782 | |
Madison IAQ LLC (Commercial Svs. & Supplies) | (a) | 4.125% | 06/30/2028 | 25,000 | 25,250 |
Madison IAQ LLC (Commercial Svs. & Supplies) | (a) | 5.875% | 06/30/2029 | 125,000 | 127,188 |
Masco Corp. (Building Products) | 3.500% | 11/15/2027 | 650,000 | 713,746 | |
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 5.625% | 10/01/2028 | 75,000 | 79,207 |
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 4.500% | 07/15/2029 | 50,000 | 50,140 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Industrials (continued) | |||||
Nielsen Finance LLC / Nielsen Finance Co. (Professional Svs.) | (a) | 5.875% | 10/01/2030 | $ 150,000 | $ 163,263 |
Northrop Grumman Corp. (Aerospace & Defense) | 3.250% | 01/15/2028 | 1,175,000 | 1,283,389 | |
Otis Worldwide Corp. (Machinery) | 3.112% | 02/15/2040 | 825,000 | 852,692 | |
Penske Truck Leasing Co. LP / PTL Finance Corp. (Road & Rail) | (a) | 3.450% | 07/01/2024 | 1,000,000 | 1,072,239 |
Penske Truck Leasing Co. LP / PTL Finance Corp. (Road & Rail) | (a) | 1.700% | 06/15/2026 | 600,000 | 603,968 |
Roper Technologies, Inc. (Industrial Conglomerates) | 2.800% | 12/15/2021 | 325,000 | 328,085 | |
Roper Technologies, Inc. (Industrial Conglomerates) | 1.000% | 09/15/2025 | 1,025,000 | 1,019,811 | |
Ryder System, Inc. (Road & Rail) | 3.400% | 03/01/2023 | 1,050,000 | 1,097,306 | |
Sensata Technologies, Inc. (Electrical Equip.) | (a) | 4.375% | 02/15/2030 | 25,000 | 26,346 |
Sensata Technologies, Inc. (Electrical Equip.) | (a) | 3.750% | 02/15/2031 | 75,000 | 74,162 |
Solaris Midstream Holdings LLC (Commercial Svs. & Supplies) | (a) | 7.625% | 04/01/2026 | 75,000 | 79,500 |
Southwest Airlines Co. (Airlines) | 5.250% | 05/04/2025 | 1,075,000 | 1,226,548 | |
Southwest Airlines Co. (Airlines) | 5.125% | 06/15/2027 | 350,000 | 411,765 | |
Standard Industries, Inc. (Building Products) | (a) | 5.000% | 02/15/2027 | 375,000 | 388,359 |
Standard Industries, Inc. (Building Products) | (a) | 3.375% | 01/15/2031 | 50,000 | 47,861 |
Stena International SA (Transportation Infrastructure) | (a) | 6.125% | 02/01/2025 | 200,000 | 208,000 |
Tempo Acquisition LLC / Tempo Acquisition Finance Corp. (Professional Svs.) | (a) | 6.750% | 06/01/2025 | 100,000 | 101,688 |
Terex Corp. (Machinery) | (a) | 5.000% | 05/15/2029 | 75,000 | 78,188 |
Textron, Inc. (Aerospace & Defense) | 3.650% | 03/15/2027 | 1,000,000 | 1,107,773 | |
TransDigm, Inc. (Aerospace & Defense) | (a) | 6.250% | 03/15/2026 | 275,000 | 290,125 |
TransDigm, Inc. (Aerospace & Defense) | 5.500% | 11/15/2027 | 375,000 | 390,937 | |
TransDigm, Inc. (Aerospace & Defense) | (a) | 4.625% | 01/15/2029 | 25,000 | 25,009 |
TransDigm, Inc. (Aerospace & Defense) | (a) | 4.875% | 05/01/2029 | 50,000 | 50,475 |
Trident TPI Holdings, Inc. (Machinery) | (a) | 9.250% | 08/01/2024 | 250,000 | 261,250 |
United Rentals North America, Inc. (Trading Companies & Distributors) | 4.875% | 01/15/2028 | 200,000 | 212,100 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 5.250% | 01/15/2030 | 50,000 | 54,770 | |
United Rentals North America, Inc. (Trading Companies & Distributors) | 3.875% | 02/15/2031 | 25,000 | 25,438 | |
Valmont Industries, Inc. (Construction & Engineering) | 5.000% | 10/01/2044 | 40,000 | 48,423 | |
Valmont Industries, Inc. (Construction & Engineering) | 5.250% | 10/01/2054 | 265,000 | 329,190 | |
Verisk Analytics, Inc. (Professional Svs.) | 4.125% | 03/15/2029 | 600,000 | 680,559 | |
Vertical Holdco GmbH (Building Products) | (a) | 7.625% | 07/15/2028 | 200,000 | 217,038 |
Watco Cos. LLC / Watco Finance Corp. (Road & Rail) | (a) | 6.500% | 06/15/2027 | 150,000 | 160,500 |
WESCO Distribution, Inc. (Trading Companies & Distributors) | (a) | 7.125% | 06/15/2025 | 75,000 | 81,053 |
WESCO Distribution, Inc. (Trading Companies & Distributors) | (a) | 7.250% | 06/15/2028 | 175,000 | 194,924 |
Westinghouse Air Brake Technologies Corp. (Machinery) | 3.200% | 06/15/2025 | 300,000 | 319,050 | |
White Cap Buyer LLC (Building Products) | (a) | 6.875% | 10/15/2028 | 150,000 | 160,538 |
White Cap Parent LLC (Building Products) | (a)(b) | 8.250%, 9.000% PIK | 03/15/2026 | 75,000 | 77,600 |
Xylem, Inc. (Machinery) | 2.250% | 01/30/2031 | 655,000 | 659,367 | |
41,075,380 | |||||
Information Technology–2.9% | |||||
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 2.900% | 09/12/2027 | 600,000 | 653,520 | |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 2.375% | 02/08/2041 | 375,000 | 363,582 | |
Banff Merger Sub, Inc. (IT Svs.) | (a) | 9.750% | 09/01/2026 | 250,000 | 263,125 |
BBVA U.S.A. (IT Svs.) | 3.875% | 04/10/2025 | 725,000 | 798,790 | |
Black Knight InfoServ LLC (IT Svs.) | (a) | 3.625% | 09/01/2028 | 75,000 | 74,622 |
Booz Allen Hamilton, Inc. (IT Svs.) | (a) | 4.000% | 07/01/2029 | 50,000 | 51,125 |
Broadcom, Inc. (Semiconductors & Equip.) | 4.150% | 11/15/2030 | 300,000 | 336,425 | |
Broadcom, Inc. (Semiconductors & Equip.) | (a) | 3.419% | 04/15/2033 | 1,060,000 | 1,113,174 |
Broadcom, Inc. (Semiconductors & Equip.) | (a) | 3.750% | 02/15/2051 | 325,000 | 339,270 |
BY Crown Parent LLC (Software) | (a) | 7.375% | 10/15/2024 | 50,000 | 50,900 |
BY Crown Parent LLC / BY Bond Finance, Inc. (Software) | (a) | 4.250% | 01/31/2026 | 25,000 | 26,188 |
CDW LLC / CDW Finance Corp. (Electronic Equip., Instr. & Comp.) | 4.125% | 05/01/2025 | 75,000 | 78,375 | |
CDW LLC / CDW Finance Corp. (Electronic Equip., Instr. & Comp.) | 4.250% | 04/01/2028 | 25,000 | 26,250 | |
Cisco Systems, Inc. (Communications Equip.) | 3.625% | 03/04/2024 | 825,000 | 892,453 | |
Dell International LLC / EMC Corp. (Computers & Peripherals) | (a) | 7.125% | 06/15/2024 | 250,000 | 256,425 |
Dell International LLC / EMC Corp. (Computers & Peripherals) | 5.850% | 07/15/2025 | 1,025,000 | 1,202,545 | |
Diebold Nixdorf, Inc. (Tech. Hardware, Storage & Periph.) | (a) | 9.375% | 07/15/2025 | 75,000 | 83,156 |
Elastic N.V. (Software) | (a) | 4.125% | 07/15/2029 | 50,000 | 50,000 |
Entegris, Inc. (Semiconductors & Equip.) | (a) | 3.625% | 05/01/2029 | 75,000 | 75,938 |
Fidelity National Information Services, Inc. (IT Svs.) | 3.100% | 03/01/2041 | 305,000 | 312,432 | |
Fiserv, Inc. (IT Svs.) | 3.800% | 10/01/2023 | 450,000 | 481,607 | |
Fiserv, Inc. (IT Svs.) | 3.500% | 07/01/2029 | 600,000 | 660,205 | |
Fortinet, Inc. (Software) | 1.000% | 03/15/2026 | 670,000 | 663,736 | |
Gartner, Inc. (IT Svs.) | (a) | 4.500% | 07/01/2028 | 25,000 | 26,403 |
Global Payments, Inc. (IT Svs.) | 1.200% | 03/01/2026 | 660,000 | 653,697 | |
Go Daddy Operating Co. LLC / GD Finance Co., Inc. (IT Svs.) | (a) | 5.250% | 12/01/2027 | 150,000 | 157,500 |
Helios Software Holdings Inc / ION Corporate Solutions Finance SARL (Software) | (a) | 4.625% | 05/01/2028 | 200,000 | 195,764 |
INEOS Quattro Finance 2 PLC (Software) | (a) | 3.375% | 01/15/2026 | 200,000 | 202,646 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Information Technology (continued) | |||||
Keysight Technologies, Inc. (Electronic Equip., Instr. & Comp.) | 3.000% | 10/30/2029 | $ 750,000 | $ 792,947 | |
Leidos, Inc. (IT Svs.) | 3.625% | 05/15/2025 | 345,000 | 374,911 | |
Leidos, Inc. (IT Svs.) | 4.375% | 05/15/2030 | 800,000 | 908,424 | |
LogMeIn, Inc. (Software) | (a) | 5.500% | 09/01/2027 | 150,000 | 155,257 |
Micron Technology, Inc. (Semiconductors & Equip.) | 2.497% | 04/24/2023 | 600,000 | 620,172 | |
Micron Technology, Inc. (Semiconductors & Equip.) | 4.663% | 02/15/2030 | 750,000 | 871,763 | |
Microsoft Corp. (Software) | 2.375% | 05/01/2023 | 1,200,000 | 1,240,111 | |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 8.125% | 04/15/2025 | 75,000 | 82,012 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.750% | 09/01/2027 | 50,000 | 52,906 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.000% | 10/01/2028 | 25,000 | 25,852 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.125% | 04/15/2029 | 25,000 | 25,781 |
NCR Corp. (Tech. Hardware, Storage & Periph.) | (a) | 5.250% | 10/01/2030 | 100,000 | 103,750 |
Nuance Communications, Inc. (Software) | 5.625% | 12/15/2026 | 25,000 | 26,045 | |
ON Semiconductor Corp. (Semiconductors & Equip.) | (a) | 3.875% | 09/01/2028 | 75,000 | 77,261 |
Open Text Corp. (Software) | (a) | 3.875% | 02/15/2028 | 75,000 | 76,035 |
Oracle Corp. (Software) | 3.600% | 04/01/2050 | 2,000,000 | 2,053,705 | |
PTC, Inc. (Software) | (a) | 4.000% | 02/15/2028 | 25,000 | 25,825 |
Qorvo, Inc. (Semiconductors & Equip.) | 4.375% | 10/15/2029 | 150,000 | 163,458 | |
Qorvo, Inc. (Semiconductors & Equip.) | (a) | 3.375% | 04/01/2031 | 25,000 | 26,056 |
Rocket Software, Inc. (Software) | (a) | 6.500% | 02/15/2029 | 200,000 | 198,456 |
Science Applications International Corp. (IT Svs.) | (a) | 4.875% | 04/01/2028 | 75,000 | 78,656 |
Seagate HDD Cayman (Tech. Hardware, Storage & Periph.) | (a) | 3.125% | 07/15/2029 | 25,000 | 24,223 |
Skyworks Solutions, Inc. (Semiconductors & Equip.) | 1.800% | 06/01/2026 | 50,000 | 50,630 | |
SS&C Technologies, Inc. (Software) | (a) | 5.500% | 09/30/2027 | 175,000 | 185,447 |
Synaptics, Inc. (Semiconductors & Equip.) | (a) | 4.000% | 06/15/2029 | 25,000 | 25,125 |
TTM Technologies, Inc. (Electronic Equip., Instr. & Comp.) | (a) | 4.000% | 03/01/2029 | 75,000 | 75,455 |
VeriSign, Inc. (IT Svs.) | 2.700% | 06/15/2031 | 660,000 | 670,514 | |
Veritas U.S., Inc. / Veritas Bermuda Ltd. (Software) | (a) | 7.500% | 09/01/2025 | 225,000 | 234,281 |
Visa, Inc. (IT Svs.) | 2.050% | 04/15/2030 | 950,000 | 976,126 | |
Vontier Corp. (Electronic Equip., Instr. & Comp.) | (a) | 1.800% | 04/01/2026 | 665,000 | 660,505 |
20,971,542 | |||||
Materials–1.7% | |||||
Albemarle Corp. (Chemicals) | 4.150% | 12/01/2024 | 375,000 | 410,285 | |
Albemarle Corp. (Chemicals) | 5.450% | 12/01/2044 | 375,000 | 474,129 | |
Anglo American Capital PLC (Metals & Mining) | (a) | 2.875% | 03/17/2031 | 1,175,000 | 1,201,166 |
ARD Finance SA (Containers & Packaging) | (a)(b) | 6.500%, 7.250% PIK | 06/30/2027 | 400,000 | 420,000 |
Ardagh Packaging Finance PLC / Ardagh Holdings U.S.A., Inc. (Containers & Packaging) | (a) | 5.250% | 08/15/2027 | 200,000 | 204,000 |
Ardagh Packaging Finance PLC / Ardagh Holdings U.S.A., Inc. (Containers & Packaging) | (a) | 4.000% | 09/01/2029 | 200,000 | 198,315 |
Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B B.V. (Chemicals) | (a) | 4.750% | 06/15/2027 | 150,000 | 157,125 |
Berry Global, Inc. (Containers & Packaging) | (a) | 5.625% | 07/15/2027 | 100,000 | 105,759 |
Carpenter Technology Corp. (Metals & Mining) | 4.450% | 03/01/2023 | 300,000 | 313,504 | |
Clearwater Paper Corp. (Paper & Forest Products) | (a) | 4.750% | 08/15/2028 | 200,000 | 199,250 |
Cleveland-Cliffs, Inc. (Metals & Mining) | (a) | 4.625% | 03/01/2029 | 75,000 | 78,920 |
Cleveland-Cliffs, Inc. (Metals & Mining) | (a) | 4.875% | 03/01/2031 | 175,000 | 183,750 |
Coeur Mining, Inc. (Metals & Mining) | (a) | 5.125% | 02/15/2029 | 75,000 | 74,250 |
Compass Minerals International, Inc. (Metals & Mining) | (a) | 4.875% | 07/15/2024 | 175,000 | 180,687 |
Compass Minerals International, Inc. (Metals & Mining) | (a) | 6.750% | 12/01/2027 | 75,000 | 80,625 |
Element Solutions, Inc. (Chemicals) | (a) | 3.875% | 09/01/2028 | 25,000 | 25,508 |
Flex Acquisition Co., Inc. (Containers & Packaging) | (a) | 6.875% | 01/15/2025 | 300,000 | 304,500 |
Flex Acquisition Co., Inc. (Containers & Packaging) | (a) | 7.875% | 07/15/2026 | 100,000 | 104,000 |
Freeport-McMoRan, Inc. (Metals & Mining) | 5.000% | 09/01/2027 | 50,000 | 52,813 | |
Freeport-McMoRan, Inc. (Metals & Mining) | 5.400% | 11/14/2034 | 25,000 | 30,195 | |
Glencore Funding LLC (Metals & Mining) | (a) | 1.625% | 04/27/2026 | 600,000 | 602,038 |
Glencore Funding LLC (Metals & Mining) | (a) | 3.875% | 04/27/2051 | 300,000 | 314,161 |
Graphic Packaging International LLC (Containers & Packaging) | (a) | 3.500% | 03/01/2029 | 25,000 | 24,768 |
HB Fuller Co. (Chemicals) | 4.250% | 10/15/2028 | 25,000 | 25,838 | |
Herens Holdco SARL (Chemicals) | (a) | 4.750% | 05/15/2028 | 200,000 | 199,000 |
Hexion, Inc. (Chemicals) | (a) | 7.875% | 07/15/2027 | 75,000 | 80,906 |
Illuminate Buyer LLC / Illuminate Holdings IV, Inc. (Chemicals) | (a) | 9.000% | 07/01/2028 | 175,000 | 195,128 |
International Flavors & Fragrances, Inc. (Chemicals) | (a) | 1.832% | 10/15/2027 | 900,000 | 897,443 |
Koppers, Inc. (Chemicals) | (a) | 6.000% | 02/15/2025 | 225,000 | 232,200 |
Mauser Packaging Solutions Holding Co. (Containers & Packaging) | (a) | 5.500% | 04/15/2024 | 25,000 | 25,250 |
Mauser Packaging Solutions Holding Co. (Containers & Packaging) | (a) | 7.250% | 04/15/2025 | 25,000 | 24,500 |
Owens-Brockway Glass Container, Inc. (Containers & Packaging) | (a) | 5.375% | 01/15/2025 | 150,000 | 159,375 |
Owens-Brockway Glass Container, Inc. (Containers & Packaging) | (a) | 6.625% | 05/13/2027 | 75,000 | 81,562 |
Packaging Corp. of America (Containers & Packaging) | 3.650% | 09/15/2024 | 1,175,000 | 1,268,966 | |
Polar U.S. Borrower LLC / Schenectady International Group, Inc. (Chemicals) | (a) | 6.750% | 05/15/2026 | 175,000 | 175,219 |
PPL Capital Funding, Inc. (Chemicals) | 3.100% | 05/15/2026 | 200,000 | 215,011 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Corporate Bonds (Continued) | Rate | Maturity | Face Amount | Value | |
Materials (continued) | |||||
PQ Corp. (Chemicals) | (a) | 5.750% | 12/15/2025 | $ 25,000 | $ 25,656 |
Reliance Steel & Aluminum Co. (Metals & Mining) | 4.500% | 04/15/2023 | 1,060,000 | 1,122,227 | |
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer SA (Containers & Packaging) | (a) | 4.000% | 10/15/2027 | 50,000 | 49,654 |
RPM International, Inc. (Chemicals) | 4.550% | 03/01/2029 | 575,000 | 659,078 | |
SRS Distribution, Inc. (Construction Materials) | (a) | 6.125% | 07/01/2029 | 100,000 | 102,911 |
Trivium Packaging Finance B.V. (Containers & Packaging) | (a) | 8.500% | 08/15/2027 | 200,000 | 217,440 |
W.R. Grace & Co.-Conn (Chemicals) | (a) | 4.875% | 06/15/2027 | 25,000 | 26,508 |
WRKCo, Inc. (Containers & Packaging) | 4.000% | 03/15/2028 | 725,000 | 818,581 | |
12,342,201 | |||||
Real Estate–1.9% | |||||
Alexandria Real Estate Equities, Inc. (Equity REIT) | 1.875% | 02/01/2033 | 1,430,000 | 1,351,787 | |
American Tower Corp. (Equity REIT) | 2.900% | 01/15/2030 | 625,000 | 657,625 | |
American Tower Corp. (Equity REIT) | 2.950% | 01/15/2051 | 660,000 | 630,133 | |
AvalonBay Communities, Inc. (Equity REIT) | 3.350% | 05/15/2027 | 1,125,000 | 1,233,577 | |
Boston Properties LP (Equity REIT) | 3.650% | 02/01/2026 | 1,300,000 | 1,432,453 | |
Camden Property Trust (Equity REIT) | 2.800% | 05/15/2030 | 600,000 | 635,801 | |
Crown Castle International Corp. (Equity REIT) | 2.250% | 01/15/2031 | 405,000 | 399,746 | |
Crown Castle International Corp. (Equity REIT) | 3.250% | 01/15/2051 | 750,000 | 745,560 | |
Cushman & Wakefield U.S. Borrower LLC (Real Estate Mgmt. & Development) | (a) | 6.750% | 05/15/2028 | 75,000 | 80,884 |
Healthcare Trust of America Holdings LP (Equity REIT) | 2.000% | 03/15/2031 | 725,000 | 700,154 | |
Kimco Realty Corp. (Equity REIT) | 2.700% | 10/01/2030 | 750,000 | 770,349 | |
Mid-America Apartments LP (Equity REIT) | 4.000% | 11/15/2025 | 1,125,000 | 1,248,934 | |
Regency Centers LP (Equity REIT) | 2.950% | 09/15/2029 | 1,100,000 | 1,158,372 | |
UDR, Inc. (Equity REIT) | 3.500% | 01/15/2028 | 1,125,000 | 1,229,227 | |
VICI Properties LP / VICI Note Co., Inc. (Equity REIT) | (a) | 4.250% | 12/01/2026 | 150,000 | 156,033 |
Welltower, Inc. (Equity REIT) | 4.250% | 04/01/2026 | 675,000 | 761,279 | |
WP Carey, Inc. (Equity REIT) | 3.850% | 07/15/2029 | 750,000 | 830,088 | |
WP Carey, Inc. (Equity REIT) | 2.400% | 02/01/2031 | 120,000 | 119,371 | |
14,141,373 | |||||
Utilities–2.0% | |||||
Ameren Corp. (Multi-Utilities) | 1.750% | 03/15/2028 | 1,500,000 | 1,484,319 | |
AmeriGas Partners LP / AmeriGas Finance Corp. (Gas Utilities) | 5.500% | 05/20/2025 | 150,000 | 164,625 | |
AmeriGas Partners LP / AmeriGas Finance Corp. (Gas Utilities) | 5.750% | 05/20/2027 | 25,000 | 27,875 | |
Berkshire Hathaway Energy Co. (Multi-Utilities) | 4.050% | 04/15/2025 | 250,000 | 277,585 | |
Black Hills Corp. (Multi-Utilities) | 2.500% | 06/15/2030 | 370,000 | 376,600 | |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 5.250% | 06/01/2026 | 50,000 | 51,438 |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 5.000% | 02/01/2031 | 150,000 | 149,250 |
Calpine Corp. (Ind. Power & Renewable Elec.) | (a) | 3.750% | 03/01/2031 | 75,000 | 71,426 |
Dominion Energy, Inc. (Multi-Utilities) | 1.450% | 04/15/2026 | 670,000 | 674,729 | |
Duke Energy Corp. (Electric Utilities) | 3.750% | 09/01/2046 | 650,000 | 694,250 | |
Duke Energy Corp. (Electric Utilities) | 4.200% | 06/15/2049 | 725,000 | 818,564 | |
Emera U.S. Finance LP (Electric Utilities) | 3.550% | 06/15/2026 | 600,000 | 655,320 | |
Emera U.S. Finance LP (Electric Utilities) | 4.750% | 06/15/2046 | 600,000 | 712,578 | |
Eversource Energy (Electric Utilities) | 3.350% | 03/15/2026 | 670,000 | 724,345 | |
Exelon Corp. (Electric Utilities) | 4.050% | 04/15/2030 | 1,175,000 | 1,338,251 | |
FirstEnergy Corp. (Electric Utilities) | 2.650% | 03/01/2030 | 250,000 | 248,992 | |
National Fuel Gas Co. (Gas Utilities) | 5.500% | 01/15/2026 | 750,000 | 867,768 | |
National Fuel Gas Co. (Gas Utilities) | 2.950% | 03/01/2031 | 520,000 | 523,017 | |
NextEra Energy Capital Holdings, Inc. (Electric Utilities) | 2.750% | 05/01/2025 | 610,000 | 647,859 | |
NextEra Energy Capital Holdings, Inc. (Electric Utilities) | 3.550% | 05/01/2027 | 600,000 | 662,462 | |
NextEra Energy Capital Holdings, Inc. (Electric Utilities) | 2.250% | 06/01/2030 | 600,000 | 604,682 | |
NRG Energy, Inc. (Electric Utilities) | 5.750% | 01/15/2028 | 150,000 | 159,750 | |
NRG Energy, Inc. (Electric Utilities) | (a) | 3.625% | 02/15/2031 | 25,000 | 24,568 |
Pattern Energy Operations LP / Pattern Energy Operations, Inc. (Ind. Power & Renewable Elec.) | (a) | 4.500% | 08/15/2028 | 25,000 | 25,880 |
Puget Energy, Inc. (Electric Utilities) | (a) | 2.379% | 06/15/2028 | 685,000 | 692,005 |
Southern Co. / The (Rate is fixed until 01/15/2026, at which point, the rate becomes H15T5Y + 373) (Electric Utilities) | (c) | 4.000% | 01/15/2051 | 1,350,000 | 1,427,625 |
Suburban Propane Partners LP / Suburban Energy Finance Corp. (Gas Utilities) | 5.875% | 03/01/2027 | 100,000 | 104,990 | |
TerraForm Power Operating LLC (Ind. Power & Renewable Elec.) | (a) | 5.000% | 01/31/2028 | 250,000 | 264,687 |
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (a) | 5.500% | 09/01/2026 | 175,000 | 180,469 |
Vistra Operations Co. LLC (Ind. Power & Renewable Elec.) | (a) | 4.375% | 05/01/2029 | 25,000 | 25,125 |
WEC Energy Group, Inc. (Multi-Utilities) | 0.800% | 03/15/2024 | 220,000 | 220,507 | |
14,901,541 | |||||
Total Corporate Bonds (Cost $309,868,337) | $313,162,943 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
U.S. Treasury Obligations–26.0% | Rate | Maturity | Face Amount | Value | |
U.S. Treasury Note | 0.125% | 04/30/2022 | $10,050,000 | $ 10,053,141 | |
U.S. Treasury Note | 0.125% | 06/30/2022 | 1,400,000 | 1,400,328 | |
U.S. Treasury Note | 0.125% | 12/31/2022 | 1,000,000 | 999,141 | |
U.S. Treasury Note | 0.125% | 03/31/2023 | 1,275,000 | 1,273,058 | |
U.S. Treasury Note | 0.250% | 04/15/2023 | 5,500,000 | 5,503,008 | |
U.S. Treasury Note | 0.125% | 04/30/2023 | 3,000,000 | 2,994,375 | |
U.S. Treasury Note | 0.125% | 06/30/2023 | 36,000,000 | 35,914,219 | |
U.S. Treasury Note | 0.250% | 05/15/2024 | 7,500,000 | 7,458,984 | |
U.S. Treasury Note | 0.375% | 04/30/2025 | 9,900,000 | 9,793,652 | |
U.S. Treasury Note | 0.375% | 12/31/2025 | 3,000,000 | 2,943,164 | |
U.S. Treasury Note | 0.875% | 06/30/2026 | 25,000,000 | 24,988,281 | |
U.S. Treasury Note | (e) | 0.500% | 04/30/2027 | 3,200,000 | 3,103,625 |
U.S. Treasury Note | 1.250% | 03/31/2028 | 575,000 | 577,269 | |
U.S. Treasury Note | 1.250% | 06/30/2028 | 16,000,000 | 16,025,000 | |
U.S. Treasury Note | 1.125% | 02/15/2031 | 405,000 | 393,166 | |
U.S. Treasury Note | 1.625% | 05/15/2031 | 11,000,000 | 11,168,437 | |
U.S. Treasury Note | 1.375% | 11/15/2040 | 525,000 | 471,598 | |
U.S. Treasury Note | 1.875% | 02/15/2041 | 180,000 | 176,203 | |
U.S. Treasury Note | 2.250% | 05/15/2041 | 8,300,000 | 8,635,891 | |
U.S. Treasury Note | 2.000% | 02/15/2050 | 3,750,000 | 3,684,082 | |
U.S. Treasury Note | 1.875% | 02/15/2051 | 3,940,000 | 3,760,237 | |
U.S. Treasury Note | 2.375% | 05/15/2051 | 16,000,000 | 17,082,500 | |
United States Treasury Inflation Indexed Bond | 0.125% | 04/15/2026 | 6,617,260 | 7,197,994 | |
United States Treasury Inflation Indexed Bond | 0.125% | 07/15/2030 | 1,692,113 | 1,866,523 | |
United States Treasury Inflation Indexed Bond | 0.125% | 01/15/2031 | 4,922,880 | 5,417,155 | |
United States Treasury Inflation Indexed Bond | 0.250% | 02/15/2050 | 2,518,241 | 2,848,334 | |
United States Treasury Inflation Indexed Bond | 0.125% | 02/15/2051 | 4,101,880 | 4,502,561 | |
Total U.S. Treasury Obligations (Cost $190,984,569) | $190,231,926 |
U.S. Government Agency Mortgage-Backed Securities–17.4% | Rate | Maturity | Face Amount | Value | |
Fannie Mae Pool FN BM4333 | 3.500% | 12/01/2047 | $ 1,795,555 | $ 1,926,475 | |
Fannie Mae Pool FN BN6715 | 4.000% | 06/01/2049 | 4,992,353 | 5,099,012 | |
Fannie Mae Pool FN BP2797 | 2.500% | 05/01/2050 | 1,935,813 | 2,004,085 | |
Fannie Mae Pool FN BP6700 | 2.500% | 09/01/2050 | 4,976,132 | 5,090,146 | |
Fannie Mae Pool FN BP8188 | 2.000% | 09/01/2050 | 6,974,926 | 7,033,540 | |
Fannie Mae Pool FN BR1844 | 2.500% | 01/01/2051 | 1,482,084 | 1,538,052 | |
Fannie Mae Pool FN CA4574 | 4.000% | 08/01/2049 | 3,650,951 | 3,590,447 | |
Fannie Mae Pool FN CA4819 | 4.000% | 12/01/2049 | 1,618,053 | 1,755,681 | |
Fannie Mae Pool FN CA5348 | 3.500% | 03/01/2050 | 2,765,654 | 2,951,203 | |
Fannie Mae Pool FN CA6998 | 3.000% | 09/01/2050 | 4,890,025 | 4,918,722 | |
Fannie Mae Pool FN CA7231 | 2.500% | 10/01/2050 | 918,384 | 951,593 | |
Fannie Mae Pool FN CA8118 | 2.000% | 12/01/2050 | 2,163,680 | 2,187,848 | |
Fannie Mae Pool FN FM2778 | 3.000% | 03/01/2050 | 3,184,175 | 3,368,009 | |
Fannie Mae Pool FN FM3734 | 3.500% | 09/01/2049 | 1,619,085 | 1,748,205 | |
Fannie Mae Pool FN FM3919 | 4.000% | 05/01/2049 | 1,211,425 | 1,300,298 | |
Fannie Mae Pool FN FM4122 | 2.000% | 08/01/2050 | 7,344,741 | 7,425,967 | |
Fannie Mae Pool FN FM4317 | 3.000% | 09/01/2050 | 5,014,739 | 4,989,638 | |
Fannie Mae Pool FN FM4532 | 3.000% | 09/01/2050 | 4,904,242 | 4,978,595 | |
Fannie Mae Pool FN FM5815 | 2.500% | 12/01/2035 | 5,053,326 | 5,185,391 | |
Fannie Mae Pool FN FM6708 | 2.500% | 01/01/2051 | 4,924,429 | 4,985,340 | |
Fannie Mae Pool FN FM7293 | 2.500% | 05/01/2051 | 1,493,428 | 1,549,568 | |
Fannie Mae Pool FN FM7502 | 3.500% | 06/01/2050 | 4,873,811 | 4,865,657 | |
Fannie Mae Pool FN FM7554 | 3.500% | 04/01/2050 | 5,000,176 | 4,918,055 | |
Fannie Mae Pool FN FM7706 | 3.500% | 08/01/2050 | 5,000,000 | 5,149,263 | |
Fannie Mae Pool FN MA4119 | 2.000% | 09/01/2050 | 1,117,625 | 1,129,193 | |
Fannie Mae Pool FN MA4138 | 1.500% | 09/01/2050 | 4,914,139 | 4,774,351 | |
Fannie Mae Pool FN MA4403 | 2.000% | 07/01/2036 | 5,000,000 | 5,161,353 | |
Freddie Mac Pool FR QB4932 | 1.500% | 11/01/2050 | 979,314 | 960,442 | |
Freddie Mac Pool FR RA3357 | 2.000% | 08/01/2050 | 1,465,117 | 1,480,419 | |
Freddie Mac Pool FR RA3575 | 2.000% | 09/01/2050 | 7,091,217 | 7,118,615 | |
Freddie Mac Pool FR RA3611 | 2.500% | 09/01/2050 | 5,096,189 | 5,186,097 | |
Freddie Mac Pool FR SD0451 | 3.000% | 10/01/2050 | 2,471,144 | 2,609,111 | |
Freddie Mac Pool FR SD7505 | 4.500% | 08/01/2049 | 1,258,447 | 1,385,891 | |
Freddie Mac Pool FR SD7514 | 3.500% | 04/01/2050 | 2,266,846 | 2,434,551 | |
Freddie Mac Pool FR SD8135 | 2.500% | 03/01/2051 | 732,238 | 758,062 | |
Freddie Mac Pool FR SD8141 | 2.500% | 04/01/2051 | 1,479,718 | 1,532,456 | |
Freddie Mac Pool FR ZT1257 | 3.000% | 01/01/2046 | 959,437 | 1,030,721 | |
Ginnie Mae II Pool G2 MA6866 | 3.000% | 09/20/2050 | 2,455,124 | 2,563,273 | |
Total U.S. Government Agency Mortgage-Backed Securities (Cost $127,948,472) | $127,635,325 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Investment Companies–9.3% | Shares | Value | |
Federated Hermes Core Trust - Bank Loan Core Fund (Acquired 05/01/2020 through 06/28/2021, Cost $17,850,000) | (f)(g) | 1,874,699 | $ 18,165,835 |
Federated Hermes Core Trust - Emerging Markets Core Fund (Acquired 05/01/2020 through 06/28/2021, Cost $27,084,522) | (f)(g) | 2,700,431 | 27,733,427 |
Federated Hermes Core Trust III - Project and Trade Finance Core Fund (Acquired 05/01/2020 through 06/28/2021, Cost $21,725,000) | (g)(h) | 2,465,645 | 21,870,271 |
Total Investment Companies (Cost $66,659,522) | $ 67,769,533 |
Asset-Backed / Mortgage-Backed Securities–1.5% | Rate | Maturity | Face Amount | Value | |
Financials–1.5% | |||||
AmeriCredit Automobile Receivables Trust 2020-2 D | 2.130% | 03/18/2026 | $ 180,000 | $ 184,579 | |
AmeriCredit Automobile Receivables Trust 2020-3 D | 1.490% | 09/18/2026 | 175,000 | 176,408 | |
Benchmark 2020-B19 A5 | 1.850% | 09/15/2053 | 1,150,000 | 1,135,926 | |
Benchmark 2021-B26 A2 | 1.957% | 06/15/2054 | 520,000 | 534,634 | |
Carmax Auto Owner Trust 2021-1 D | 1.280% | 07/15/2027 | 100,000 | 99,415 | |
Chesapeake Funding II LLC 2020-1A D | (a) | 2.830% | 08/16/2032 | 150,000 | 155,676 |
Ford Credit Auto Lease Trust 2020-B C | 1.700% | 02/15/2025 | 335,000 | 341,572 | |
Ford Credit Floorplan Master Owner Trust A 2020-1 D | 2.120% | 09/15/2025 | 395,000 | 404,264 | |
Freddie Mac Multifamily Structured Pass Through Certificates K108 A2 | 1.517% | 03/25/2030 | 400,000 | 400,978 | |
Freddie Mac Multifamily Structured Pass Through Certificates K109 A2 | 1.558% | 04/25/2030 | 400,000 | 401,997 | |
GM Financial Automobile Leasing Trust 2020-2 C | 2.560% | 07/22/2024 | 375,000 | 386,962 | |
GM Financial Consumer Automobile Receivables Trust 2020-3 C | 1.370% | 01/16/2026 | 180,000 | 183,337 | |
GM Financial Consumer Automobile Receivables Trust 2020-3 D | 1.910% | 09/16/2027 | 400,000 | 410,406 | |
GMF Floorplan Owner Revolving Trust 2020-1 C | (a) | 1.480% | 08/15/2025 | 100,000 | 101,511 |
HPEFS Equipment Trust 2020-2A C | (a) | 2.000% | 07/22/2030 | 525,000 | 535,610 |
HPEFS Equipment Trust 2020-2A D | (a) | 2.790% | 07/22/2030 | 750,000 | 774,050 |
Hyundai Auto Receivables Trust 2020-B C | 1.600% | 12/15/2026 | 150,000 | 152,622 | |
MMAF Equipment Finance LLC 2020-A A5 | (a) | 1.560% | 10/09/2042 | 750,000 | 754,844 |
Navient Private Education Refi Loan Trust 2020-FA A | (a) | 1.220% | 07/15/2069 | 300,617 | 302,360 |
Navistar Financial Dealer Note Master Trust 2020-1 D | (a) | ML + 290 | 07/25/2025 | 275,000 | 278,060 |
PFS Financing Corp. 2020-G B | (a) | 1.570% | 02/15/2026 | 310,000 | 313,736 |
Santander Consumer Auto Receivables Trust 2020-BA D | (a) | 2.140% | 12/15/2026 | 200,000 | 202,439 |
Santander Drive Auto Receivables Trust 2020-2 D | 2.220% | 09/15/2026 | 450,000 | 460,598 | |
Santander Drive Auto Receivables Trust 2020-3 D | 1.640% | 11/16/2026 | 750,000 | 759,588 | |
Sierra Timeshare 2020-2A A | (a) | 1.330% | 07/20/2037 | 459,422 | 461,808 |
SMB Private Education Loan Trust 2020-B A1A | (a) | 1.290% | 07/15/2053 | 666,278 | 668,401 |
Tesla Auto Lease Trust 2020-A C | (a) | 1.680% | 02/20/2024 | 330,000 | 334,809 |
Tesla Auto Lease Trust 2020-A D | (a) | 2.330% | 02/20/2024 | 100,000 | 102,584 |
World Omni Select Auto Trust 2020-A D | 1.700% | 10/15/2026 | 250,000 | 252,769 | |
Total Asset-Backed / Mortgage-Backed Securities (Cost $11,196,622) | $ 11,271,943 |
Sovereign Issues–0.7% | Rate | Maturity | Face Amount | Value | |
Colombia Government International Bond | 4.500% | 03/15/2029 | $ 1,100,000 | $ 1,198,890 | |
Colombia Government International Bond | 3.000% | 01/30/2030 | 725,000 | 710,239 | |
Mexico Government International Bond | 3.750% | 01/11/2028 | 1,025,000 | 1,115,907 | |
Mexico Government International Bond | 4.500% | 01/31/2050 | 1,175,000 | 1,248,790 | |
Republic of Poland Government International Bond | 4.000% | 01/22/2024 | 600,000 | 653,019 | |
Total Sovereign Issues (Cost $4,882,018) | $ 4,926,845 |
U.S. Government Agency Issues–0.1% | Rate | Maturity | Face Amount | Value | |
Federal Farm Credit Banks Funding Corp. | 0.700% | 01/27/2027 | $ 1,000,000 | $ 980,047 | |
Total U.S. Government Agency Issues (Cost $1,000,000) | $ 980,047 |
Money Market Funds–14.9% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (i) | 98,646,743 | $ 98,676,337 |
State Street Institutional U.S. Government Money Market Fund, 0.025% | 10,583,836 | 10,583,836 | |
Total Money Market Funds (Cost $109,260,173) | $109,260,173 | ||
Total Investments – 112.6% (Cost $821,799,713) | (j) | $825,238,735 | |
Liabilities in Excess of Other Assets – (12.6)% | (e) | (92,501,543) | |
Net Assets – 100.0% | $732,737,192 |
Percentages are stated as a percent of net assets. |
Abbreviations: | ||
H15T5Y: | U.S. Treasury Yield Curve Rate T-Note Constant Maturity 5 Year, 0.870% at 06/30/2021 | |
ML: | Monthly U.S. LIBOR Rate, 0.101% at 06/30/2021 | |
PIK: | Payment-in-Kind | |
QL: | Quarterly U.S. LIBOR Rate, 0.146% at 06/30/2021 | |
SOFR: | Secured Overnight Financing Rate, 0.050% at 06/30/2021 |
Ohio National Fund, Inc. | ON Federated Core Plus Bond Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Footnotes: | ||
(a) | Security exempt from registration under Regulation D of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified buyers under Rule 144A. At June 30, 2021, the value of these securities totaled $74,227,543, or 10.1% of the Portfolio’s net assets. | |
(b) | Issuer of the security has the option to make coupon payments in cash or in additional par value of this bond (Payment-in-Kind). | |
(c) | Security is a fixed-then-variable rate instrument in which the coupon or dividend rate is fixed until a later specified date, then is adjusted periodically. Rates stated, including interest rate caps and floors, if any, are those in effect at June 30, 2021. | |
(d) | Represents a security that is in default and deemed to be non-income producing. | |
(e) | Security is partially pledged, in addition to $336,945 of the Portfolio's cash and foreign currency holdings, as collateral for the futures contracts outstanding at June 30, 2021. The market value of securities pledged totaled $869,985. See also the following Schedule of Open Futures Contracts. | |
(f) | Shares of this fund have not been registered and are issued in reliance on Section 4(a)(2) and Regulation D of the Securities Act of 1933. Investments in this fund may only be made by investment companies, insurance company separate accounts, common or commingled trust funds or similar organizations or entities that are “accredited investors” within the meaning of Regulation D of the 1933 Act. | |
(g) | Represents a security deemed to be restricted. At June 30, 2021, the value of restricted securities in the Portfolio totaled $67,769,533, or 9.3% of the Portfolio’s net assets. | |
(h) | Open-end extended payment fund. Beneficial interests in this fund are issued solely in private placement transactions which do not involve any “public offering” within the meaning of Section 4(a)(2) and Regulation D of the Securities Act of 1933. Investments in this fund may only be made by organizations or entities that are “accredited investors” within the meaning of Regulation D of the 1933 Act and that are also “qualified purchasers” as defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended (“Eligible Investors”). This fund has adopted policies to limit the transfer of its shares, which may occur only pursuant to authorization by this fund's Board of Directors, and only to Eligible Investors.When a redeeming shareholder of this fund presents shares to the fund's transfer agent in proper order for redemption, the fund will have up to 31 days to make payment to the redeeming shareholder. The price of redeemed shares will be determined as of the closing net asset value of the fund 24 days after receipt of a shareholder redemption request or, if such date is a weekend or holiday, on the preceding business day. The fund's NAV is calculated each day the NYSE is open. | |
(i) | Rate represents the seven-day yield at June 30, 2021. | |
(j) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CBT 2-Year U.S. Treasury Note - Long | 75 | September 30, 2021 | $16,547,536 | $16,523,906 | $(23,630) | $1,758 |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CBT 10-Year U.S. Ultra Bond - Short | 26 | September 21, 2021 | $ (3,763,494) | $ (3,827,281) | $ (63,787) | $ (12,594) | ||||||
CBT 10-Year U.S. Treasury Note - Short | 70 | September 21, 2021 | (9,242,613) | (9,275,000) | (32,387) | (16,406) | ||||||
CBT U.S. Ultra Bond - Short | 156 | September 21, 2021 | (29,685,577) | (30,059,250) | (373,673) | (94,563) | ||||||
$(42,691,684) | $(43,161,531) | $(469,847) | $(123,563) | |||||||||
Total Futures Contracts | $(26,144,148) | $(26,637,625) | $(493,477) | $(121,805) |
Ohio National Fund, Inc. | ON Janus Henderson U.S. Low Volatility Portfolio (Unaudited) |
Average Annual returns | |
Since inception (6/25/21) | 0.20% |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Common Stocks (4) | 100.1 |
Money Market Funds Less Net Liabilities | (0.1) |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | Apple, Inc. | 4.5 |
2. | Microsoft Corp. | 4.4 |
3. | Johnson & Johnson | 3.9 |
4. | Procter & Gamble Co. / The | 3.3 |
5. | Walmart, Inc. | 3.0 |
6. | Motorola Solutions, Inc. | 2.9 |
7. | Estee Lauder Cos., Inc. / The Class A | 2.8 |
8. | McDonald's Corp. | 2.7 |
9. | Progressive Corp. / The | 2.7 |
10. | Amazon.com, Inc. | 2.6 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. | |
(4) | Sectors (Common Stocks): |
% of Net Assets | |
Health Care | 21.4 |
Information Technology | 19.5 |
Consumer Staples | 18.7 |
Financials | 11.3 |
Consumer Discretionary | 10.6 |
Industrials | 8.3 |
Communication Services | 5.4 |
Utilities | 4.8 |
Real Estate | 0.1 |
100.1 |
Ohio National Fund, Inc. | ON Janus Henderson U.S. Low Volatility Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Common Stocks–100.1% | Shares | Value | |
Communication Services–5.4% | |||
Alphabet, Inc. Class A (Interactive Media & Svs.) | (a) | 2,006 | $ 4,898,231 |
Alphabet, Inc. Class C (Interactive Media & Svs.) | (a) | 1,818 | 4,556,490 |
Charter Communications, Inc. Class A (Media) | (a) | 8,497 | 6,130,161 |
Facebook, Inc. Class A (Interactive Media & Svs.) | (a) | 20,100 | 6,988,971 |
T-Mobile U.S., Inc. (Wireless Telecom. Svs.) | (a) | 171,027 | 24,769,840 |
Verizon Communications, Inc. (Diversified Telecom. Svs.) | 37,279 | 2,088,742 | |
Walt Disney Co. / The (Entertainment) | (a) | 22,083 | 3,881,529 |
53,313,964 | |||
Consumer Discretionary–10.6% | |||
Amazon.com, Inc. (Internet & Direct Marketing Retail) | (a) | 7,440 | 25,594,790 |
Dollar General Corp. (Multiline Retail) | 43,253 | 9,359,517 | |
Garmin Ltd. (Household Durables) | 87,773 | 12,695,487 | |
McDonald's Corp. (Hotels, Restaurants & Leisure) | 112,597 | 26,008,781 | |
Target Corp. (Multiline Retail) | 66,335 | 16,035,823 | |
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 127,813 | 14,702,329 | |
104,396,727 | |||
Consumer Staples–18.7% | |||
Campbell Soup Co. (Food Products) | 95,362 | 4,347,554 | |
Church & Dwight Co., Inc. (Household Products) | 151,131 | 12,879,384 | |
Colgate-Palmolive Co. (Household Products) | 67,179 | 5,465,012 | |
Conagra Brands, Inc. (Food Products) | 40,114 | 1,459,347 | |
Costco Wholesale Corp. (Food & Staples Retailing) | 64,106 | 25,364,821 | |
Estee Lauder Cos., Inc. / The Class A (Personal Products) | 87,647 | 27,878,758 | |
Hershey Co. / The (Food Products) | 74,724 | 13,015,426 | |
Kellogg Co. (Food Products) | 78,630 | 5,058,268 | |
Kraft Heinz Co. / The (Food Products) | 28,182 | 1,149,262 | |
Kroger Co. / The (Food & Staples Retailing) | 67,681 | 2,592,859 | |
McCormick & Co., Inc. (Food Products) | 25,363 | 2,240,060 | |
Mondelez International, Inc. Class A (Food Products) | 223,509 | 13,955,902 | |
Monster Beverage Corp. (Beverages) | (a) | 52,058 | 4,755,498 |
PepsiCo, Inc. (Beverages) | 10,437 | 1,546,450 | |
Procter & Gamble Co. / The (Household Products) | 238,231 | 32,144,509 | |
Walmart, Inc. (Food & Staples Retailing) | 211,950 | 29,889,189 | |
183,742,299 | |||
Financials–11.3% | |||
Allstate Corp. / The (Insurance) | 190,648 | 24,868,125 | |
Aon PLC Class A (Insurance) | 4,242 | 1,012,820 | |
Arthur J. Gallagher & Co. (Insurance) | 17,412 | 2,439,073 | |
Assurant, Inc. (Insurance) | 58,945 | 9,206,030 | |
Berkshire Hathaway, Inc. Class B (Diversified Financial Svs.) | (a) | 16,055 | 4,462,006 |
Everest Re Group Ltd. (Insurance) | 16,547 | 4,170,009 | |
Marsh & McLennan Cos., Inc. (Insurance) | 102,563 | 14,428,563 | |
Progressive Corp. / The (Insurance) | 264,693 | 25,995,500 | |
Willis Towers Watson PLC (Insurance) | 106,801 | 24,566,366 | |
111,148,492 | |||
Health Care–21.4% | |||
AbbVie, Inc. (Biotechnology) | 51,779 | 5,832,387 | |
Amgen, Inc. (Biotechnology) | 15,721 | 3,831,994 | |
Anthem, Inc. (Health Care Providers & Svs.) | 615 | 234,807 | |
Biogen, Inc. (Biotechnology) | (a) | 19,320 | 6,689,936 |
Boston Scientific Corp. (Health Care Equip. & Supplies) | (a) | 127,424 | 5,448,650 |
Bristol-Myers Squibb Co. (Pharmaceuticals) | 47,962 | 3,204,821 |
Common Stocks (Continued) | Shares | Value | |
Health Care (continued) | |||
Cerner Corp. (Health Care Technology) | 211,681 | $ 16,544,987 | |
CVS Health Corp. (Health Care Providers & Svs.) | 15,144 | 1,263,615 | |
Danaher Corp. (Health Care Equip. & Supplies) | 79,275 | 21,274,239 | |
DENTSPLY SIRONA, Inc. (Health Care Equip. & Supplies) | 168,158 | 10,637,675 | |
Eli Lilly & Co. (Pharmaceuticals) | 7,628 | 1,750,779 | |
Gilead Sciences, Inc. (Biotechnology) | 66,078 | 4,550,131 | |
Humana, Inc. (Health Care Providers & Svs.) | 6,688 | 2,960,911 | |
Johnson & Johnson (Pharmaceuticals) | 230,527 | 37,977,018 | |
Medtronic PLC (Health Care Equip. & Supplies) | 58,759 | 7,293,755 | |
Quest Diagnostics, Inc. (Health Care Providers & Svs.) | 132,258 | 17,454,088 | |
ResMed, Inc. (Health Care Equip. & Supplies) | 58,706 | 14,472,203 | |
STERIS PLC (Health Care Equip. & Supplies) | 46,783 | 9,651,333 | |
UnitedHealth Group, Inc. (Health Care Providers & Svs.) | 28,994 | 11,610,357 | |
Waters Corp. (Life Sciences Tools & Svs.) | (a) | 8,482 | 2,931,464 |
West Pharmaceutical Services, Inc. (Health Care Equip. & Supplies) | 20,698 | 7,432,652 | |
Zoetis, Inc. (Pharmaceuticals) | 90,507 | 16,866,885 | |
209,914,687 | |||
Industrials–8.3% | |||
Copart, Inc. (Commercial Svs. & Supplies) | (a) | 186,218 | 24,549,119 |
Jacobs Engineering Group, Inc. (Construction & Engineering) | 18,002 | 2,401,827 | |
L3Harris Technologies, Inc. (Aerospace & Defense) | 29,850 | 6,452,078 | |
Republic Services, Inc. (Commercial Svs. & Supplies) | 207,230 | 22,797,372 | |
Trane Technologies PLC (Building Products) | 30,166 | 5,554,767 | |
Waste Management, Inc. (Commercial Svs. & Supplies) | 140,531 | 19,689,798 | |
81,444,961 | |||
Information Technology–19.5% | |||
Accenture PLC Class A (IT Svs.) | 19,581 | 5,772,283 | |
Akamai Technologies, Inc. (IT Svs.) | (a) | 114,325 | 13,330,295 |
Apple, Inc. (Tech. Hardware, Storage & Periph.) | 324,257 | 44,410,239 | |
Broadridge Financial Solutions, Inc. (IT Svs.) | 51,332 | 8,291,658 | |
Citrix Systems, Inc. (Software) | 136,772 | 16,039,252 | |
Cognizant Technology Solutions Corp. Class A (IT Svs.) | 17,001 | 1,177,489 | |
International Business Machines Corp. (IT Svs.) | 72,993 | 10,700,044 | |
Leidos Holdings, Inc. (IT Svs.) | 22,021 | 2,226,323 | |
Microsoft Corp. (Software) | 159,174 | 43,120,236 | |
Motorola Solutions, Inc. (Communications Equip.) | 133,009 | 28,843,002 | |
NortonLifeLock, Inc. (Software) | 326,353 | 8,883,329 | |
Oracle Corp. (Software) | 106,933 | 8,323,665 | |
191,117,815 | |||
Real Estate–0.1% | |||
Crown Castle International Corp. (Equity REIT) | 2,633 | 513,698 | |
Utilities–4.8% | |||
American Water Works Co., Inc. (Water Utilities) | 23,266 | 3,585,988 | |
Consolidated Edison, Inc. (Multi-Utilities) | 318,747 | 22,860,535 | |
Dominion Energy, Inc. (Multi-Utilities) | 47,069 | 3,462,866 | |
Eversource Energy (Electric Utilities) | 148,090 | 11,882,742 | |
NextEra Energy, Inc. (Electric Utilities) | 28,196 | 2,066,203 | |
WEC Energy Group, Inc. (Multi-Utilities) | 22,739 | 2,022,634 | |
Xcel Energy, Inc. (Electric Utilities) | 12,134 | 799,388 | |
46,680,356 | |||
Total Common Stocks (Cost $980,262,301) | $982,272,999 |
Ohio National Fund, Inc. | ON Janus Henderson U.S. Low Volatility Portfolio (Continued) |
Schedule of Investments | June 30, 2021 (Unaudited) |
Money Market Funds–0.1% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (b) | 849,928 | $ 850,183 |
Total Money Market Funds (Cost $850,183) | $ 850,183 | ||
Total Investments – 100.2% (Cost $981,112,484) | (c) | $983,123,182 | |
Liabilities in Excess of Other Assets – (0.2)% | (1,601,219) | ||
Net Assets – 100.0% | $981,521,963 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Non-income producing security. | |
(b) | Rate represents the seven-day yield at June 30, 2021. | |
(c) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. |
Ohio National Fund, Inc. | ON iShares Managed Risk Balanced Portfolio (Unaudited) |
Average Annual returns | |
Since inception (6/25/21) | -0.10% |
Portfolio Composition as of June 30, 2021 (1) | |
% of Net Assets | |
Exchange Traded Funds | 89.8 |
Money Market Funds and Other Net Assets | 10.2 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 (1) (2) (3) | ||
% of Net Assets | ||
1. | iShares Core U.S. Aggregate Bond ETF | 50.0 |
2. | iShares Core S&P 500 ETF | 15.4 |
3. | iShares Russell 1000 ETF | 10.0 |
4. | iShares Core MSCI EAFE ETF | 4.9 |
5. | iShares MSCI Japan ETF | 1.8 |
6. | iShares MSCI China ETF | 1.1 |
7. | iShares MSCI United Kingdom ETF | 1.1 |
8. | iShares MSCI India ETF | 0.8 |
9. | iShares MSCI Taiwan ETF | 0.7 |
10. | iShares MSCI France ETF | 0.6 |
(1) | Composition of Portfolio subject to change. | |
(2) | Short-term investments have been excluded from the list of Top 10 Portfolio Holdings. | |
(3) | Top 10 Portfolio Holdings is presented at an individual security level. Total investment exposure by issuer may be higher. |
Ohio National Fund, Inc. | ON iShares Managed Risk Balanced Portfolio |
Schedule of Investments | June 30, 2021 (Unaudited) |
Exchange Traded Funds–89.8% | Shares | Value | |
iShares Core MSCI EAFE ETF | 278,219 | $ 20,827,474 | |
iShares Core S&P 500 ETF | 151,926 | 65,316,026 | |
iShares Core U.S. Aggregate Bond ETF | 1,839,628 | 212,164,297 | |
iShares MSCI Australia ETF | 44,925 | 1,167,151 | |
iShares MSCI Brazil ETF | 19,458 | 788,827 | |
iShares MSCI Canada ETF | 13,508 | 503,443 | |
iShares MSCI Chile ETF | 32,356 | 937,677 | |
iShares MSCI China ETF | 58,918 | 4,857,200 | |
iShares MSCI France ETF | 63,863 | 2,417,215 | |
iShares MSCI Germany ETF | 25,608 | 886,037 | |
iShares MSCI Hong Kong ETF | 31,024 | 828,961 | |
iShares MSCI India ETF | 75,715 | 3,350,389 | |
iShares MSCI Italy ETF | 44,594 | 1,444,400 | |
iShares MSCI Japan ETF | 111,233 | 7,512,677 | |
iShares MSCI Mexico ETF | 15,872 | 761,697 | |
iShares MSCI Poland ETF | 70,729 | 1,518,552 | |
iShares MSCI South Africa ETF | 14,425 | 704,805 | |
iShares MSCI South Korea ETF | 24,634 | 2,295,396 | |
iShares MSCI Spain ETF | 36,421 | 1,035,085 | |
iShares MSCI Sweden ETF | 32,267 | 1,497,189 | |
iShares MSCI Taiwan ETF | 44,868 | 2,869,309 | |
iShares MSCI United Kingdom ETF | 145,306 | 4,751,506 | |
iShares Russell 1000 ETF | 175,563 | 42,500,291 | |
Total Exchange Traded Funds (Cost $380,530,492) | $380,935,604 |
Money Market Funds–8.2% | Shares | Value | |
State Street Institutional Liquid Reserves Fund Institutional Class, 0.055% | (a) | 34,541,963 | $ 34,552,326 |
Total Money Market Funds (Cost $34,552,326) | $ 34,552,326 | ||
Total Investments – 98.0% (Cost $415,082,818) | (b) | $415,487,930 | |
Other Assets in Excess of Liabilities – 2.0% | (c) | 8,679,746 | |
Net Assets – 100.0% | $424,167,676 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Rate represents the seven-day yield at June 30, 2021. | |
(b) | Represents cost for financial reporting purposes, which may differ from cost basis for federal income tax purposes. See also Note 7 of the Notes to Financial Statements. | |
(c) | Includes $5,259,890 of cash pledged as collateral for the futures contracts outstanding at June 30, 2021. See also the following Schedule of Open Futures Contracts. |
Schedule of Open Futures Contracts | June 30, 2021 (Unaudited) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
MRV IBEX 35 Index - Long | 73 | July 16, 2021 | $ 7,820,385 | $ 7,607,131 | $(213,254) | $ (76,692) | ||||||
OSE TOPIX Index - Long | 8 | September 9, 2021 | 1,412,875 | 1,399,163 | (13,712) | (2,520) | ||||||
Euro Currency Future - Long | 93 | September 13, 2021 | 13,903,395 | 13,793,063 | (110,332) | (63,938) | ||||||
MOD S&P TSX 60 Index - Long | 16 | September 16, 2021 | 3,113,836 | 3,104,743 | (9,093) | (9,051) | ||||||
CME E-mini S&P 500 Index - Long | 64 | September 17, 2021 | 13,667,424 | 13,723,520 | 56,096 | 21,120 | ||||||
DMI FTSE MIB Index - Long | 52 | September 17, 2021 | 7,829,612 | 7,708,609 | (121,003) | (74,916) | ||||||
IFLL FTSE 100 Index - Long | 14 | September 17, 2021 | 1,368,580 | 1,351,858 | (16,722) | (7,650) | ||||||
MSCI Emerging Markets Index - Long | 196 | September 17, 2021 | 13,427,995 | 13,375,040 | (52,955) | (89,605) | ||||||
MSCI EAFE Index - Long | 62 | September 17, 2021 | 7,233,908 | 7,142,710 | (91,198) | (55,180) | ||||||
$69,778,010 | $69,205,837 | $(572,173) | $(358,432) |
Ohio National Fund, Inc. | ON iShares Managed Risk Balanced Portfolio (Continued) |
Description | Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable (Payable) | ||||||
CBT U.S. Ultra Bond - Short | 39 | September 21, 2021 | $ (7,390,329) | $ (7,514,813) | $(124,484) | $ (43,875) | ||||||
Total Futures Contracts | $62,387,681 | $61,691,024 | $(696,657) | $(402,307) |
Ohio National Fund, Inc. | ON Moderately Conservative Model Portfolio (Unaudited) |
Average Annual returns | |
One year | 17.58% |
Since inception (3/1/17) | 7.66% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Moderately Conservative Model Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 | |
% of Net Assets | |
Open-End Mutual Funds Less Net Liabilities | 100.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 | ||
% of Net Assets | ||
1. | Western Asset Core Plus Bond IS | 13.0 |
2. | PIMCO Total Return Institutional | 13.0 |
3. | ON Federated Core Plus Bond Portfolio | 13.0 |
4. | ON S&P 500® Index Portfolio | 13.0 |
5. | PIMCO Low Duration Institutional | 8.0 |
6. | ON Bond Portfolio | 7.0 |
7. | ON BlackRock Advantage Large Cap Value Portfolio | 5.0 |
8. | ON Federated High Income Bond Portfolio | 5.0 |
9. | ON S&P MidCap 400® Index Portfolio | 5.0 |
10. | ON BlackRock Advantage International Equity Portfolio | 4.5 |
Ohio National Fund, Inc. | ON Moderately Conservative Model Portfolio |
Schedule of Investments in Unaffiliated Issuers | June 30, 2021 (Unaudited) |
Open-End Mutual Funds–39.6% | Shares | Value | |
DFA Emerging Markets Portfolio Institutional | 124,003 | $ 4,423,176 | |
DFA International Core Equity Portfolio Institutional | 551,679 | 8,882,036 | |
PIMCO Low Duration Institutional | 2,369,105 | 23,477,832 | |
PIMCO Total Return Institutional | 3,679,319 | 38,191,338 | |
Vanguard International Growth Fund Admiral Class | 17,200 | 2,932,885 | |
Western Asset Core Plus Bond IS | 3,154,789 | 38,204,491 | |
Total Open-End Mutual Funds | $116,111,758 | ||
Total Investments in Securities of Unaffiliated Issuers – 39.6% (Cost $110,206,358) | $116,111,758 | ||
Total Investments in Affiliates – 60.4% (Cost $142,686,160) (see schedule below) | 177,439,508 | ||
Liabilities in Excess of Other Assets – 0.0% | (133,526) | ||
Net Assets – 100.0% | $293,417,740 |
Percentages are stated as a percent of net assets. |
Schedule of Investments in Affiliates | June 30, 2021 (Unaudited) |
Affiliate | Value at January 1, 2021 | Cost of Purchases | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Income Distributions | Shares at June 30, 2021 | Value at June 30, 2021 | ||||
Open-End Mutual Funds – 60.4% | ||||||||||||
Fidelity Advisor® Real Estate I | (a) | $ 3,034,303 | $ 165,665 | $ 819,401 | $ 36,455 | $ 515,862 | $ 570 | 123,960 | $ 2,932,884 | |||
ON AB Mid Cap Core Portfolio | (a) | 3,034,303 | 49,529 | 459,312 | 140,372 | 167,993 | — | 46,510 | 2,932,885 | |||
ON AB Small Cap Portfolio | (a) | 3,034,303 | 148,170 | 426,462 | 109,444 | 67,429 | — | 62,362 | 2,932,884 | |||
ON BlackRock Advantage International Equity Portfolio | (a) | 13,654,362 | 491,861 | 2,287,758 | 313,165 | 1,026,350 | — | 726,761 | 13,197,980 | |||
ON BlackRock Advantage Large Cap Core Portfolio | (a) | 6,068,605 | 71,093 | 1,132,085 | 196,058 | 662,098 | — | 131,579 | 5,865,769 | |||
ON BlackRock Advantage Large Cap Value Portfolio | (a) | 15,171,513 | 470,751 | 3,357,022 | 751,689 | 1,627,491 | — | 656,126 | 14,664,422 | |||
ON Bond Portfolio | (a) | 21,240,118 | 702,437 | 1,137,726 | 156,438 | (431,076) | — | 1,000,009 | 20,530,191 | |||
ON Federated Core Plus Bond Portfolio | (a) | 30,343,026 | 9,725,478 | 1,731,037 | 50,614 | (260,583) | — | 3,683,816 | 38,127,498 | |||
ON Federated High Income Bond Portfolio | (a) | 15,171,513 | 318,973 | 1,386,171 | 210,793 | 349,314 | — | 652,332 | 14,664,422 | |||
ON Janus Henderson Forty Portfolio | (a) | 3,034,303 | 45,487 | 518,073 | 198,047 | 173,120 | — | 73,876 | 2,932,884 | |||
ON Nasdaq-100® Index Portfolio | (a) | 6,068,605 | 118,207 | 1,071,649 | 403,577 | 347,029 | — | 184,632 | 5,865,769 | |||
ON S&P 500® Index Portfolio | (a) | 39,445,934 | 410,286 | 7,219,641 | 1,961,501 | 3,529,418 | — | 855,836 | 38,127,498 | |||
ON S&P MidCap 400® Index Portfolio | (a) | 15,171,513 | 242,114 | 3,215,401 | 959,059 | 1,507,137 | — | 575,979 | 14,664,422 | |||
Total Open-End Mutual Funds | $5,487,212 | $9,281,582 | $ 570 | $177,439,508 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of “affiliated person”, as the Portfolio directly or indirectly owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at June 30, 2021. |
Ohio National Fund, Inc. | ON Balanced Model Portfolio (Unaudited) |
Average Annual returns | |
One year | 25.67% |
Since inception (3/1/17) | 9.08% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Balanced Model Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 | |
% of Net Assets | |
Open-End Mutual Funds Less Net Liabilities | 100.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 | ||
% of Net Assets | ||
1. | ON S&P 500® Index Portfolio | 14.0 |
2. | Western Asset Core Plus Bond IS | 9.0 |
3. | ON S&P MidCap 400® Index Portfolio | 9.0 |
4. | PIMCO Total Return Institutional | 8.0 |
5. | ON BlackRock Advantage International Equity Portfolio | 8.0 |
6. | ON Federated Core Plus Bond Portfolio | 8.0 |
7. | PIMCO Low Duration Institutional | 6.0 |
8. | ON BlackRock Advantage Large Cap Value Portfolio | 6.0 |
9. | ON Bond Portfolio | 5.0 |
10. | DFA International Core Equity Portfolio Institutional | 4.0 |
Ohio National Fund, Inc. | ON Balanced Model Portfolio |
Schedule of Investments in Unaffiliated Issuers | June 30, 2021 (Unaudited) |
Open-End Mutual Funds–34.1% | Shares | Value | |
DFA Emerging Markets Portfolio Institutional | 1,271,277 | $ 45,346,455 | |
DFA International Core Equity Portfolio Institutional | 2,827,864 | 45,528,609 | |
PIMCO Low Duration Institutional | 6,830,666 | 67,691,899 | |
PIMCO Total Return Institutional | 8,704,255 | 90,350,170 | |
Vanguard International Growth Fund Admiral Class | 198,364 | 33,825,028 | |
Western Asset Core Plus Bond IS | 8,396,313 | 101,679,353 | |
Total Open-End Mutual Funds | $ 384,421,514 | ||
Total Investments in Securities of Unaffiliated Issuers – 34.1% (Cost $345,401,657) | $ 384,421,514 | ||
Total Investments in Affiliates – 65.9% (Cost $557,310,870) (see schedule below) | 744,150,601 | ||
Liabilities in Excess of Other Assets – 0.0% | (440,802) | ||
Net Assets – 100.0% | $1,128,131,313 |
Percentages are stated as a percent of net assets. |
Schedule of Investments in Affiliates | June 30, 2021 (Unaudited) |
Affiliate | Value at January 1, 2021 | Cost of Purchases | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Income Distributions | Shares at June 30, 2021 | Value at June 30, 2021 | ||||
Open-End Mutual Funds – 65.9% | ||||||||||||
Fidelity Advisor® Real Estate I | (a) | $ 11,276,978 | $ 115,743 | $ 2,192,460 | $ (61,697) | $ 2,136,445 | $2,161 | 476,543 | $ 11,275,009 | |||
ON AB Mid Cap Core Portfolio | (a) | 11,276,978 | — | 1,156,832 | 354,658 | 800,205 | — | 178,798 | 11,275,009 | |||
ON AB Small Cap Portfolio | (a) | 11,276,978 | 250,085 | 900,437 | 348,484 | 299,899 | — | 239,741 | 11,275,009 | |||
ON BlackRock Advantage International Equity Portfolio | (a) | 90,215,828 | 1,538,586 | 10,462,047 | 1,418,750 | 7,488,956 | — | 4,966,964 | 90,200,073 | |||
ON BlackRock Advantage Large Cap Core Portfolio | (a) | 22,553,957 | — | 3,244,083 | 819,630 | 2,420,514 | — | 505,832 | 22,550,018 | |||
ON BlackRock Advantage Large Cap Growth Portfolio | (a) | 22,553,957 | 1,724 | 2,890,981 | 986,920 | 1,898,398 | — | 546,800 | 22,550,018 | |||
ON BlackRock Advantage Large Cap Value Portfolio | (a) | 67,661,871 | 1,077,586 | 11,830,148 | 2,774,247 | 7,966,499 | — | 3,026,848 | 67,650,055 | |||
ON BlackRock Advantage Small Cap Growth Portfolio | (a) | 22,553,957 | 692,939 | 2,767,903 | 1,020,856 | 1,050,169 | — | 496,041 | 22,550,018 | |||
ON Bond Portfolio | (a) | 56,384,892 | 1,840,144 | 1,201,832 | 171,571 | (819,729) | — | 2,745,984 | 56,375,046 | |||
ON Federated Core Plus Bond Portfolio | (a) | 90,215,828 | 1,621,556 | 630,455 | 22,684 | (1,029,540) | — | 8,714,983 | 90,200,073 | |||
ON Federated High Income Bond Portfolio | (a) | 33,830,935 | 42,683 | 1,315,421 | 213,507 | 1,053,323 | — | 1,504,672 | 33,825,027 | |||
ON Janus Henderson Forty Portfolio | (a) | 22,553,957 | 876 | 2,813,507 | 1,309,985 | 1,498,707 | — | 568,010 | 22,550,018 | |||
ON Nasdaq-100® Index Portfolio | (a) | 22,553,957 | 9,812 | 2,853,092 | 1,096,268 | 1,743,073 | — | 709,790 | 22,550,018 | |||
ON S&P 500® Index Portfolio | (a) | 157,877,698 | — | 22,355,637 | 6,788,841 | 15,539,226 | — | 3,543,213 | 157,850,128 | |||
ON S&P MidCap 400® Index Portfolio | (a) | 101,492,806 | 1,127,950 | 17,786,947 | 5,029,499 | 11,611,774 | — | 3,985,667 | 101,475,082 | |||
Total Open-End Mutual Funds | $22,294,203 | $53,657,919 | $2,161 | $744,150,601 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of “affiliated person”, as the Portfolio directly or indirectly owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at June 30, 2021. |
Ohio National Fund, Inc. | ON Moderate Growth Model Portfolio (Unaudited) |
Average Annual returns | |
One year | 33.39% |
Since inception (3/1/17) | 10.91% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Moderate Growth Model Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 | |
% of Net Assets | |
Open-End Mutual Funds Less Net Liabilities | 100.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 | ||
% of Net Assets | ||
1. | ON S&P 500® Index Portfolio | 17.0 |
2. | ON S&P MidCap 400® Index Portfolio | 10.0 |
3. | ON BlackRock Advantage International Equity Portfolio | 9.0 |
4. | Western Asset Core Plus Bond IS | 7.0 |
5. | ON BlackRock Advantage Large Cap Value Portfolio | 7.0 |
6. | DFA International Core Equity Portfolio Institutional | 6.0 |
7. | ON Federated Core Plus Bond Portfolio | 6.0 |
8. | DFA Emerging Markets Portfolio Institutional | 4.0 |
9. | ON BlackRock Advantage Large Cap Core Portfolio | 4.0 |
10. | ON Nasdaq-100® Index Portfolio | 4.0 |
Ohio National Fund, Inc. | ON Moderate Growth Model Portfolio |
Schedule of Investments in Unaffiliated Issuers | June 30, 2021 (Unaudited) |
Open-End Mutual Funds–23.6% | Shares | Value | |
DFA Emerging Markets Portfolio Institutional | 2,263,606 | $ 80,742,841 | |
DFA International Core Equity Portfolio Institutional | 7,552,939 | 121,602,318 | |
PIMCO Low Duration Institutional | 3,040,644 | 30,132,781 | |
PIMCO Total Return Institutional | 1,937,321 | 20,109,395 | |
Vanguard International Growth Fund Admiral Class | 470,941 | 80,304,854 | |
Western Asset Core Plus Bond IS | 11,628,018 | 140,815,295 | |
Total Open-End Mutual Funds | $ 473,707,484 | ||
Total Investments in Securities of Unaffiliated Issuers – 23.6% (Cost $400,528,318) | $ 473,707,484 | ||
Total Investments in Affiliates – 76.4% (Cost $1,113,447,543) (see schedule below) | 1,535,830,327 | ||
Liabilities in Excess of Other Assets – 0.0% | (656,959) | ||
Net Assets – 100.0% | $2,008,880,852 |
Percentages are stated as a percent of net assets. |
Schedule of Investments in Affiliates | June 30, 2021 (Unaudited) |
Affiliate | Value at January 1, 2021 | Cost of Purchases | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Income Distributions | Shares at June 30, 2021 | Value at June 30, 2021 | ||||
Open-End Mutual Funds – 76.4% | ||||||||||||
Fidelity Advisor® Real Estate I | (a) | $ 19,878,241 | $ 129,590 | $ 3,595,083 | $ (127,810) | $ 3,791,275 | $3,796 | 848,530 | $ 20,076,213 | |||
ON AB Mid Cap Core Portfolio | (a) | 19,878,241 | — | 1,842,431 | 562,487 | 1,477,916 | — | 318,367 | 20,076,213 | |||
ON AB Small Cap Portfolio | (a) | 39,756,483 | 1,264,270 | 3,178,018 | 1,192,719 | 1,116,973 | — | 853,762 | 40,152,427 | |||
ON BlackRock Advantage International Equity Portfolio | (a) | 178,904,172 | 2,942,436 | 18,867,996 | 2,541,934 | 15,165,375 | — | 9,949,665 | 180,685,921 | |||
ON BlackRock Advantage Large Cap Core Portfolio | (a) | 79,512,965 | — | 10,661,674 | 4,073,402 | 7,380,161 | — | 1,801,365 | 80,304,854 | |||
ON BlackRock Advantage Large Cap Growth Portfolio | (a) | 59,634,724 | — | 7,081,547 | 3,439,501 | 4,235,962 | — | 1,460,442 | 60,228,640 | |||
ON BlackRock Advantage Large Cap Value Portfolio | (a) | 139,147,689 | 2,428,814 | 23,105,310 | 5,164,583 | 16,897,718 | — | 6,287,852 | 140,533,494 | |||
ON BlackRock Advantage Small Cap Growth Portfolio | (a) | 59,634,724 | 2,363,814 | 7,261,644 | 2,674,455 | 2,817,291 | — | 1,324,871 | 60,228,640 | |||
ON Bond Portfolio | (a) | 69,573,845 | 2,555,492 | 1,076,611 | 154,309 | (940,288) | — | 3,422,637 | 70,266,747 | |||
ON Federated Core Plus Bond Portfolio | (a) | 119,269,448 | 3,372,189 | 863,214 | 31,108 | (1,352,250) | — | 11,638,385 | 120,457,281 | |||
ON Federated High Income Bond Portfolio | (a) | 39,756,483 | 17,008 | 1,112,392 | 172,480 | 1,318,848 | — | 1,786,140 | 40,152,427 | |||
ON Janus Henderson Forty Portfolio | (a) | 79,512,965 | 251,338 | 9,420,617 | 3,679,029 | 6,282,139 | — | 2,022,792 | 80,304,854 | |||
ON Nasdaq-100® Index Portfolio | (a) | 79,512,965 | 624,424 | 9,897,840 | 3,791,691 | 6,273,614 | — | 2,527,695 | 80,304,854 | |||
ON S&P 500® Index Portfolio | (a) | 337,930,102 | — | 44,549,068 | 13,469,021 | 34,445,573 | — | 7,660,957 | 341,295,628 | |||
ON S&P MidCap 400® Index Portfolio | (a) | 198,782,413 | 2,773,523 | 33,289,130 | 9,290,185 | 23,205,143 | — | 7,885,394 | 200,762,134 | |||
Total Open-End Mutual Funds | $50,109,094 | $122,115,450 | $3,796 | $1,535,830,327 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of “affiliated person”, as the Portfolio directly or indirectly owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at June 30, 2021. |
Ohio National Fund, Inc. | ON Growth Model Portfolio (Unaudited) |
Average Annual returns | |
One year | 40.37% |
Since inception (3/1/17) | 12.40% |
(1) | The Portfolio’s composition is subject to change. Holdings and weightings are as of June 30, 2021. |
Ohio National Fund, Inc. | ON Growth Model Portfolio (Unaudited) (Continued) |
Portfolio Composition as of June 30, 2021 | |
% of Net Assets | |
Open-End Mutual Funds Less Net Liabilities | 100.0 |
100.0 |
Top 10 Portfolio Holdings as of June 30, 2021 | ||
% of Net Assets | ||
1. | ON S&P 500® Index Portfolio | 17.0 |
2. | ON BlackRock Advantage International Equity Portfolio | 12.0 |
3. | ON S&P MidCap 400® Index Portfolio | 11.5 |
4. | DFA International Core Equity Portfolio Institutional | 7.1 |
5. | ON BlackRock Advantage Large Cap Value Portfolio | 7.0 |
6. | ON Nasdaq-100® Index Portfolio | 7.0 |
7. | DFA Emerging Markets Portfolio Institutional | 5.0 |
8. | ON BlackRock Advantage Large Cap Core Portfolio | 5.0 |
9. | ON Janus Henderson Forty Portfolio | 5.0 |
10. | Vanguard International Growth Fund Admiral Class | 5.0 |
Ohio National Fund, Inc. | ON Growth Model Portfolio |
Schedule of Investments in Unaffiliated Issuers | June 30, 2021 (Unaudited) |
Open-End Mutual Funds–20.1% | Shares | Value | |
DFA Emerging Markets Portfolio Institutional | 639,326 | $ 22,804,761 | |
DFA International Core Equity Portfolio Institutional | 1,990,979 | 32,054,757 | |
PIMCO Total Return Institutional | 437,743 | 4,543,778 | |
Vanguard International Growth Fund Admiral Class | 133,012 | 22,681,236 | |
Western Asset Core Plus Bond IS | 750,679 | 9,090,722 | |
Total Open-End Mutual Funds | $ 91,175,254 | ||
Total Investments in Securities of Unaffiliated Issuers – 20.1% (Cost $72,214,398) | $ 91,175,254 | ||
Total Investments in Affiliates – 79.9% (Cost $253,076,417) (see schedule below) | 362,899,771 | ||
Liabilities in Excess of Other Assets – 0.0% | (211,726) | ||
Net Assets – 100.0% | $453,863,299 |
Percentages are stated as a percent of net assets. |
Schedule of Investments in Affiliates | June 30, 2021 (Unaudited) |
Affiliate | Value at January 1, 2021 | Cost of Purchases | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Income Distributions | Shares at June 30, 2021 | Value at June 30, 2021 | ||||
Open-End Mutual Funds – 79.9% | ||||||||||||
Fidelity Advisor® Real Estate I | (a) | $ 4,432,373 | $ 82,763 | $ 805,161 | $ 38,504 | $ 787,768 | $ 855 | 191,726 | $ 4,536,247 | |||
ON AB Mid Cap Core Portfolio | (a) | 4,432,373 | 10,169 | 364,834 | 112,301 | 346,238 | — | 71,935 | 4,536,247 | |||
ON AB Small Cap Portfolio | (a) | 17,729,493 | 811,674 | 1,428,865 | 533,186 | 499,501 | — | 385,817 | 18,144,989 | |||
ON BlackRock Advantage International Equity Portfolio | (a) | 53,188,478 | 1,067,391 | 5,130,162 | 713,858 | 4,595,401 | — | 2,997,520 | 54,434,966 | |||
ON BlackRock Advantage Large Cap Core Portfolio | (a) | 22,161,866 | — | 2,706,753 | 1,040,732 | 2,185,391 | — | 508,776 | 22,681,236 | |||
ON BlackRock Advantage Large Cap Growth Portfolio | (a) | 13,297,120 | 106,446 | 1,528,080 | 747,402 | 985,853 | — | 329,989 | 13,608,741 | |||
ON BlackRock Advantage Large Cap Value Portfolio | (a) | 31,026,612 | 613,849 | 4,849,848 | 1,083,030 | 3,880,087 | — | 1,420,749 | 31,753,730 | |||
ON BlackRock Advantage Small Cap Growth Portfolio | (a) | 19,945,679 | 1,190,829 | 2,567,527 | 850,837 | 993,294 | — | 449,035 | 20,413,112 | |||
ON Bond Portfolio | (a) | 4,432,373 | 273,869 | 120,804 | 19,510 | (68,701) | — | 220,957 | 4,536,247 | |||
ON Federated High Income Bond Portfolio | (a) | 4,432,373 | 77,156 | 141,541 | 17,149 | 151,110 | — | 201,790 | 4,536,247 | |||
ON Janus Henderson Forty Portfolio | (a) | 22,161,866 | 233,774 | 2,529,840 | 996,464 | 1,818,972 | — | 571,316 | 22,681,236 | |||
ON Nasdaq-100® Index Portfolio | (a) | 31,026,612 | 530,082 | 3,778,911 | 1,522,613 | 2,453,334 | — | 999,488 | 31,753,730 | |||
ON S&P 500® Index Portfolio | (a) | 75,350,344 | — | 9,023,940 | 3,271,935 | 7,517,862 | — | 1,731,003 | 77,116,201 | |||
ON S&P MidCap 400® Index Portfolio | (a) | 50,972,292 | 750,286 | 7,931,320 | 2,218,611 | 6,156,973 | — | 2,048,973 | 52,166,842 | |||
Total Open-End Mutual Funds | $13,166,132 | $32,303,083 | $ 855 | $362,899,771 |
Percentages are stated as a percent of net assets. |
Footnotes: | ||
(a) | Pursuant to Section 2(a)(3) of the Investment Company Act of 1940, the investment meets the definition of “affiliated person”, as the Portfolio directly or indirectly owns, controls, or holds with power to vote 5 percent or more of the outstanding voting securities of the holding at June 30, 2021. |
Statements of Assets and Liabilities | June 30, 2021 (Unaudited) |
ON Bond Portfolio | ON BlackRock Balanced Allocation Portfolio | ON BlackRock Advantage International Equity Portfolio | ON Janus Henderson Forty Portfolio | ON AB Small Cap Portfolio | ON AB Mid Cap Core Portfolio | ON S&P 500® Index Portfolio | ON BlackRock Advantage Large Cap Value Portfolio | ||||||||
Assets: | |||||||||||||||
Investments in securities of unaffiliated issuers, at value* | $284,210,680 | $547,028,673 | $501,259,345 | $211,048,850 | $178,218,022 | $107,381,789 | $1,275,462,515 | $313,883,934 | |||||||
Cash | — | 31,604 | — | — | 1,208 | 26,584 | 421,671 | 21,492 | |||||||
Cash subject to usage restrictions | — | 275,000 | 689,990 | — | — | — | 649,000 | 278,300 | |||||||
Foreign currencies, at value** | — | — | 390,345 | — | — | 21,255 | — | 489,810 | |||||||
Receivable for securities sold | — | 9,369,157 | 21,520,594 | — | 2,757,047 | 437,697 | 9,977,848 | 7,345,105 | |||||||
Receivable for fund shares sold | 612,675 | 36,740 | 6,024,261 | 3,736 | 115,202 | 30,219 | 1,231,905 | 4,342,734 | |||||||
Receivable for variation margin on futures contracts | — | 6,410 | — | — | — | — | 17,203 | 7,590 | |||||||
Dividends and accrued interest receivable | 2,326,705 | 1,352,722 | 776,969 | 30,343 | 93,386 | 74,738 | 745,251 | 171,836 | |||||||
Foreign tax reclaim receivable | — | 27,160 | 1,320,224 | 3,426 | 6,938 | 2,642 | — | 137,502 | |||||||
Prepaid expenses and other assets | 3,270 | 6,148 | 5,683 | 2,232 | 2,034 | 1,248 | 15,082 | 3,641 | |||||||
Total assets | 287,153,330 | 558,133,614 | 531,987,411 | 211,088,587 | 181,193,837 | 107,976,172 | 1,288,520,475 | 326,681,944 | |||||||
Liabilities: | |||||||||||||||
Cash overdraft | — | — | 7,822 | — | — | — | — | — | |||||||
Payable for securities purchased | — | 9,189,360 | 21,211,175 | 416,051 | 3,084,467 | 247,288 | — | 7,951,578 | |||||||
Payable for fund shares redeemed | 874,388 | 1,105,713 | 251,780 | 2,997,468 | 614,021 | 463,420 | 10,296,390 | 55,472 | |||||||
Payable for investment management services | 123,939 | 216,938 | 299,320 | 120,073 | 105,729 | 63,011 | 353,563 | 174,608 | |||||||
Payable for variation margin on futures contracts | — | — | 75,650 | — | — | — | — | — | |||||||
Accrued custody expense | 1,232 | 8,150 | 106,265 | 1,897 | 6,878 | 2,506 | 14,028 | 6,440 | |||||||
Accrued professional fees | 5,504 | 5,498 | 5,486 | 5,512 | 5,516 | 5,513 | 5,493 | 5,506 | |||||||
Accrued accounting fees | 9,131 | 17,210 | 24,647 | 4,974 | 5,167 | 3,605 | 26,467 | 8,101 | |||||||
Accrued printing and filing fees | 1,816 | 1,977 | 2,080 | 1,593 | 1,567 | 1,553 | 2,650 | 1,631 | |||||||
Other liabilities | 5,716 | 5,798 | 6,144 | 6,065 | 5,846 | 5,952 | 6,624 | 6,018 | |||||||
Withholding tax payable | — | — | 77,299 | — | — | 154 | 825 | — | |||||||
Total liabilities | 1,021,726 | 10,550,644 | 22,067,668 | 3,553,633 | 3,829,191 | 793,002 | 10,706,040 | 8,209,354 | |||||||
Commitments and contingent liabilities (see Note 8 of Notes to Financial Statements) | |||||||||||||||
Net assets | $286,131,604 | $547,582,970 | $509,919,743 | $207,534,954 | $177,364,646 | $107,183,170 | $1,277,814,435 | $318,472,590 | |||||||
Net assets consist of: | |||||||||||||||
Paid in capital | 252,007,204 | 373,705,442 | 433,989,254 | 84,086,642 | 71,642,178 | 59,918,829 | 619,867,461 | 251,277,211 | |||||||
Total distributable earnings | 34,124,400 | 173,877,528 | 75,930,489 | 123,448,312 | 105,722,468 | 47,264,341 | 657,946,974 | 67,195,379 | |||||||
Net assets | $286,131,604 | $547,582,970 | $509,919,743 | $207,534,954 | $177,364,646 | $107,183,170 | $1,277,814,435 | $318,472,590 | |||||||
*Investments in securities of unaffiliated issuers, at cost | $262,099,435 | $475,991,188 | $468,417,135 | $122,579,550 | $169,351,625 | $104,392,524 | $ 763,438,079 | $280,960,245 | |||||||
**Foreign currencies, at cost | $ — | $ — | $ 391,095 | $ — | $ — | $ 21,647 | $ — | $ 464,815 | |||||||
Shares outstanding, par value, $1 per share | 13,938,571 | 12,601,454 | 28,084,844 | 5,227,135 | 3,771,200 | 1,699,778 | 28,681,264 | 14,252,183 | |||||||
Authorized Fund shares allocated to Portfolio | 22,000,000 | 22,000,000 | 50,000,000 | 9,000,000 | 7,000,000 | 4,000,000 | 50,000,000 | 26,000,000 | |||||||
Net asset value per share | $ 20.53 | $ 43.45 | $ 18.16 | $ 39.70 | $ 47.03 | $ 63.06 | $ 44.55 | $ 22.35 |
Statements of Assets and Liabilities | June 30, 2021 (Unaudited) |
ON Federated High Income Bond Portfolio | ON Nasdaq-100® Index Portfolio | ON BlackRock Advantage Large Cap Core Portfolio | ON BlackRock Advantage Small Cap Growth Portfolio | ON S&P MidCap 400® Index Portfolio | ON BlackRock Advantage Large Cap Growth Portfolio | ON Risk Managed Balanced Portfolio | |||||||
Assets: | |||||||||||||
Investments in securities of unaffiliated issuers, at value* | $174,761,889 | $395,504,827 | $435,478,301 | $206,598,969 | $433,279,922 | $121,769,780 | $456,068,823 | ||||||
Cash | — | 501,633 | 49,930 | 20,016 | 170,492 | 4,140 | — | ||||||
Cash subject to usage restrictions | — | 224,000 | 308,000 | 156,000 | 202,500 | 64,000 | — | ||||||
Receivable for securities sold | — | 3,459,381 | 10,721,639 | 21,561,172 | — | 2,680,960 | 523,094 | ||||||
Receivable for fund shares sold | 308,075 | 42,401 | 90,198 | 308,792 | 4,794,604 | 217 | 39,066 | ||||||
Receivable for variation margin on futures contracts | — | — | 5,560 | 6,645 | 3,900 | — | 364,351 | ||||||
Dividends and accrued interest receivable | 2,711,524 | 54,372 | 138,770 | 31,074 | 341,331 | 21,041 | 1,011,418 | ||||||
Prepaid expenses and other assets | 2,014 | 4,214 | 4,753 | 2,335 | 4,933 | 1,321 | 4,082 | ||||||
Total assets | 177,783,502 | 399,790,828 | 446,797,151 | 228,685,003 | 438,797,682 | 124,541,459 | 458,010,834 | ||||||
Liabilities: | |||||||||||||
Cash overdraft | 35 | — | — | — | — | — | 19,412 | ||||||
Payable for securities purchased | 657,703 | — | 10,442,334 | 20,786,268 | — | 2,987,744 | 3,000,369 | ||||||
Payable for fund shares redeemed | 323,132 | 5,301,612 | 4,250,922 | 854,174 | 100,931 | 3,226,289 | 1,222,536 | ||||||
Payable for investment management services | 103,303 | 113,646 | 227,782 | 128,125 | 126,382 | 64,627 | 325,956 | ||||||
Payable for variation margin on futures contracts | — | 12,843 | — | — | — | 1,120 | — | ||||||
Accrued custody expense | 1,628 | 5,398 | 6,224 | 4,931 | 16,239 | 3,683 | 10,042 | ||||||
Accrued professional fees | 5,504 | 5,508 | 5,502 | 5,517 | 5,505 | 5,512 | 5,502 | ||||||
Accrued accounting fees | 13,562 | 8,211 | 9,800 | 6,588 | 10,455 | 3,622 | 20,901 | ||||||
Accrued printing and filing fees | 1,861 | 1,650 | 1,618 | 1,609 | 1,652 | 1,559 | 1,895 | ||||||
Other liabilities | 5,723 | 6,102 | 6,318 | 5,781 | 6,025 | 5,869 | 5,656 | ||||||
Withholding tax payable | — | 683 | — | — | — | — | 157 | ||||||
Total liabilities | 1,112,451 | 5,455,653 | 14,950,500 | 21,792,993 | 267,189 | 6,300,025 | 4,612,426 | ||||||
Net assets | $176,671,051 | $394,335,175 | $431,846,651 | $206,892,010 | $438,530,493 | $118,241,434 | $453,398,408 | ||||||
Net assets consist of: | |||||||||||||
Paid in capital | 166,648,679 | 114,428,891 | 268,760,473 | 109,249,895 | 287,372,489 | 56,762,892 | 281,991,765 | ||||||
Total distributable earnings | 10,022,372 | 279,906,284 | 163,086,178 | 97,642,115 | 151,158,004 | 61,478,542 | 171,406,643 | ||||||
Net assets | $176,671,051 | $394,335,175 | $431,846,651 | $206,892,010 | $438,530,493 | $118,241,434 | $453,398,408 | ||||||
*Investments in securities of unaffiliated issuers, at cost | $168,994,170 | $205,867,814 | $363,626,769 | $171,910,548 | $317,360,362 | $ 96,509,453 | $362,066,385 | ||||||
Shares outstanding, par value, $1 per share | 7,860,396 | 12,413,639 | 9,685,918 | 4,550,578 | 17,227,113 | 2,867,213 | 24,119,912 | ||||||
Authorized Fund shares allocated to Portfolio | 13,000,000 | 22,000,000 | 17,000,000 | 8,000,000 | 31,000,000 | 42,000,000 | 175,000,000 | ||||||
Net asset value per share | $ 22.48 | $ 31.77 | $ 44.58 | $ 45.46 | $ 25.46 | $ 41.24 | $ 18.80 |
Statements of Assets and Liabilities | June 30, 2021 (Unaudited) |
ON Federated Core Plus Bond Portfolio | ON Janus Henderson U.S. Low Volatility Portfolio | ON iShares Managed Risk Balanced Portfolio | ON Moderately Conservative Model Portfolio | ON Balanced Model Portfolio | ON Moderate Growth Model Portfolio | ON Growth Model Portfolio | |||||||
Assets: | |||||||||||||
Investments in securities of unaffiliated issuers, at value* | $825,238,735 | $983,123,182 | $415,487,930 | $116,111,758 | $ 384,421,514 | $ 473,707,484 | $ 91,175,254 | ||||||
Investments in affiliates, at value** | — | — | — | 177,439,508 | 744,150,601 | 1,535,830,327 | 362,899,771 | ||||||
Cash | 34,514,142 | — | — | — | — | — | — | ||||||
Cash subject to usage restrictions | 336,945 | — | 5,259,890 | — | — | — | — | ||||||
Foreign currencies, at value*** | — | — | 4,058,760 | — | — | — | — | ||||||
Receivable for securities sold | — | — | — | 1,083,831 | 6,815,706 | 14,472,989 | 4,115,078 | ||||||
Receivable for fund shares sold | 3,226,975 | 33,114 | 43,526 | 2,041 | 9,077 | 160,022 | 1,277 | ||||||
Dividends and accrued interest receivable | 3,515,317 | 163,167 | 187 | 263,404 | 1,074,555 | 1,924,808 | 452,527 | ||||||
Prepaid expenses and other assets | 2,675 | 607 | 273 | 3,158 | 13,599 | 23,723 | 4,961 | ||||||
Total assets | 866,834,789 | 983,320,070 | 424,850,566 | 294,903,700 | 1,136,485,052 | 2,026,119,353 | 458,648,868 | ||||||
Liabilities: | |||||||||||||
Cash overdraft | — | — | 91,246 | — | — | — | — | ||||||
Payable for securities purchased | 133,443,951 | — | — | 1,257,730 | 7,571,013 | 16,119,763 | 4,051,298 | ||||||
Payable for fund shares redeemed | 373,598 | 1,763,114 | 174,380 | 91,546 | 328,325 | 438,057 | 517,584 | ||||||
Payable for investment management services | 124,064 | 31,830 | 13,513 | 117,059 | 434,432 | 659,656 | 198,165 | ||||||
Payable for variation margin on futures contracts | 121,805 | — | 402,307 | — | — | — | — | ||||||
Accrued custody expense | 2,810 | 469 | 71 | 3,153 | 2,900 | 2,728 | 2,236 | ||||||
Accrued professional fees | 4,755 | 440 | 333 | 4,324 | 3,723 | 3,091 | 4,223 | ||||||
Accrued accounting fees | 19,677 | 677 | 125 | 3,848 | 3,856 | 3,856 | 3,848 | ||||||
Accrued printing and filing fees | 1,866 | 70 | 60 | 1,761 | 2,493 | 3,938 | 1,617 | ||||||
Other liabilities | 5,071 | 1,507 | 855 | 6,539 | 6,997 | 7,412 | 6,598 | ||||||
Total liabilities | 134,097,597 | 1,798,107 | 682,890 | 1,485,960 | 8,353,739 | 17,238,501 | 4,785,569 | ||||||
Net assets | $732,737,192 | $981,521,963 | $424,167,676 | $293,417,740 | $1,128,131,313 | $2,008,880,852 | $453,863,299 | ||||||
Net assets consist of: | |||||||||||||
Paid in capital | 724,952,378 | 979,382,484 | 424,508,150 | 246,301,340 | 895,530,004 | 1,542,640,578 | 334,173,182 | ||||||
Total distributable earnings | 7,784,814 | 2,139,479 | (340,474) | 47,116,400 | 232,601,309 | 466,240,274 | 119,690,117 | ||||||
Net assets | $732,737,192 | $981,521,963 | $424,167,676 | $293,417,740 | $1,128,131,313 | $2,008,880,852 | $453,863,299 | ||||||
*Investments in securities of unaffiliated issuers, at cost | $821,799,713 | $981,112,484 | $415,082,818 | $110,206,358 | $ 345,401,657 | $ 400,528,318 | $ 72,214,398 | ||||||
**Investments in affiliates, at cost | $ — | $ — | $ — | $142,686,160 | $ 557,310,870 | $1,113,447,543 | $253,076,417 | ||||||
***Foreign currencies, at cost | $ — | $ — | $ 4,078,664 | $ — | $ — | $ — | $ — | ||||||
Shares outstanding, par value, $1 per share | 70,803,345 | 97,939,011 | 42,450,814 | 22,038,944 | 80,266,849 | 135,583,846 | 28,570,198 | ||||||
Authorized Fund shares allocated to Portfolio | 115,000,000 | 155,000,000 | 133,000,000 | 36,000,000 | 130,000,000 | 240,000,000 | 48,000,000 | ||||||
Net asset value per share | $ 10.35 | $ 10.02 | $ 9.99 | $ 13.31 | $ 14.05 | $ 14.82 | $ 15.89 |
Statements of Operations | For the Six-Month Period Ended June 30, 2021 (Unaudited) |
ON Bond Portfolio | ON BlackRock Balanced Allocation Portfolio | ON BlackRock Advantage International Equity Portfolio | ON Janus Henderson Forty Portfolio | ON AB Small Cap Portfolio | ON AB Mid Cap Core Portfolio | ON S&P 500® Index Portfolio | ON BlackRock Advantage Large Cap Value Portfolio | ||||||||
Investment income: | |||||||||||||||
Interest | $ 4,492,287 | $ 2,130,976 | $ — | $ 186 | $ 230 | $ — | $ 483 | $ — | |||||||
Dividends from unaffiliated issuers, net of taxes withheld* | 1,323 | 2,775,709 | 8,491,029 | 405,980 | 427,484 | 645,891 | 9,105,090 | 3,213,031 | |||||||
Total investment income | 4,493,610 | 4,906,685 | 8,491,029 | 406,166 | 427,714 | 645,891 | 9,105,573 | 3,213,031 | |||||||
Expenses: | |||||||||||||||
Management fees | 748,125 | 1,291,882 | 1,795,663 | 712,678 | 690,048 | 432,777 | 2,105,397 | 1,067,700 | |||||||
Custodian fees | 3,294 | 24,215 | 314,380 | 5,346 | 22,109 | 6,723 | 40,342 | 19,560 | |||||||
Directors' fees | 12,133 | 22,902 | 21,816 | 8,674 | 7,772 | 4,699 | 53,440 | 13,826 | |||||||
Professional fees | 12,713 | 14,882 | 19,056 | 12,013 | 11,925 | 11,193 | 21,579 | 13,088 | |||||||
Accounting fees | 27,244 | 51,336 | 75,626 | 14,897 | 16,001 | 10,889 | 79,280 | 24,735 | |||||||
Administration fees | 14,558 | 15,962 | 20,476 | 15,085 | 15,243 | 15,204 | 19,152 | 15,618 | |||||||
Printing and filing fees | 5,625 | 7,049 | 5,208 | 4,228 | 4,700 | 4,539 | 6,535 | 4,692 | |||||||
Compliance expense | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | |||||||
Other | 3,763 | 8,545 | 10,707 | 3,173 | 2,721 | 1,683 | 19,131 | 5,901 | |||||||
Total expenses | 833,730 | 1,443,048 | 2,269,207 | 782,369 | 776,794 | 493,982 | 2,351,131 | 1,171,395 | |||||||
Net investment income (loss) | 3,659,880 | 3,463,637 | 6,221,822 | (376,203) | (349,080) | 151,909 | 6,754,442 | 2,041,636 | |||||||
Realized/unrealized gain on investments, futures contracts, and foreign currency related transactions: | |||||||||||||||
Net realized gain (loss) on: | |||||||||||||||
Investments in securities of unaffiliated issuers | 103,115 | 48,781,542 | 54,399,054 | 13,322,080 | 78,037,247 | 38,138,777 | 59,405,093 | 41,623,872 | |||||||
Futures contracts | — | 1,763,578 | 1,105,584 | — | — | (2,656) | 1,145,979 | 1,432,195 | |||||||
Foreign currency related transactions | — | — | 12,498 | (139) | (537) | 878 | — | 18 | |||||||
Change in unrealized appreciation/depreciation on: | |||||||||||||||
Investments in securities of unaffiliated issuers | (7,480,961) | (1,055,972) | (11,394,275) | 12,340,797 | (67,411,963) | (27,237,858) | 108,651,209 | 5,255,837 | |||||||
Futures contracts | — | (253,691) | (327,138) | — | — | — | (84,304) | (210,562) | |||||||
Foreign currency related transactions | — | (1) | (51,028) | (53) | (203) | (469) | — | (1,933) | |||||||
Net realized/unrealized gain (loss) on investments, futures contracts, and foreign currency related transactions | (7,377,846) | 49,235,456 | 43,744,695 | 25,662,685 | 10,624,544 | 10,898,672 | 169,117,977 | 48,099,427 | |||||||
Change in net assets from operations | $(3,717,966) | $52,699,093 | $ 49,966,517 | $25,286,482 | $ 10,275,464 | $ 11,050,581 | $175,872,419 | $50,141,063 | |||||||
*Taxes withheld | $ — | $ 416 | $ 768,938 | $ 7,154 | $ 337 | $ 3,338 | $ 825 | $ 337 |
Statements of Operations | For the Six-Month Period Ended June 30, 2021 (Unaudited) |
ON Federated High Income Bond Portfolio | ON Nasdaq-100® Index Portfolio | ON BlackRock Advantage Large Cap Core Portfolio | ON BlackRock Advantage Small Cap Growth Portfolio | ON S&P MidCap 400® Index Portfolio | ON BlackRock Advantage Large Cap Growth Portfolio | ON Risk Managed Balanced Portfolio | |||||||
Investment income: | |||||||||||||
Interest | $4,692,306 | $ 243 | $ — | $ — | $ 330 | $ — | $ 2,107,662 | ||||||
Dividends from unaffiliated issuers, net of taxes withheld* | 5,778 | 1,364,043 | 3,093,255 | 509,387 | 2,944,916 | 423,044 | 1,178,852 | ||||||
Total investment income | 4,698,084 | 1,364,286 | 3,093,255 | 509,387 | 2,945,246 | 423,044 | 3,286,514 | ||||||
Expenses: | |||||||||||||
Management fees | 618,168 | 673,758 | 1,353,292 | 792,385 | 769,964 | 384,479 | 1,933,118 | ||||||
Custodian fees | 4,848 | 13,546 | 17,066 | 14,603 | 56,469 | 10,033 | 27,788 | ||||||
Directors' fees | 7,431 | 16,262 | 18,126 | 9,002 | 18,909 | 5,007 | 18,788 | ||||||
Professional fees | 11,753 | 13,525 | 13,921 | 12,063 | 14,059 | 11,260 | 14,063 | ||||||
Accounting fees | 40,752 | 24,463 | 29,232 | 20,022 | 31,821 | 10,863 | 63,939 | ||||||
Administration fees | 14,670 | 15,599 | 17,384 | 14,991 | 15,932 | 14,582 | 14,941 | ||||||
Printing and filing fees | 5,909 | 4,647 | 4,980 | 4,668 | 4,871 | 4,787 | 6,994 | ||||||
Compliance expense | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | 6,275 | ||||||
Other | 2,318 | 5,929 | 6,585 | 3,166 | 6,546 | 1,829 | 6,781 | ||||||
Total expenses | 712,124 | 774,004 | 1,466,861 | 877,175 | 924,846 | 449,115 | 2,092,687 | ||||||
Net investment income (loss) | 3,985,960 | 590,282 | 1,626,394 | (367,788) | 2,020,400 | (26,071) | 1,193,827 | ||||||
Realized/unrealized gain (loss) on investments and futures contracts: | |||||||||||||
Net realized gain (loss) on: | |||||||||||||
Investments in securities of unaffiliated issuers | (237,854) | 18,830,947 | 49,520,830 | 39,408,690 | 35,191,414 | 14,325,437 | 21,458,990 | ||||||
Futures contracts | — | 680,069 | 1,784,281 | 891,718 | 744,492 | 453,164 | (7,647,557) | ||||||
Change in unrealized appreciation/depreciation on: | |||||||||||||
Investments in securities of unaffiliated issuers | 2,780,285 | 27,663,837 | 8,093,391 | (20,888,887) | 32,627,253 | 330,059 | 12,850,914 | ||||||
Futures contracts | — | 15,712 | (284,063) | (81,162) | (71,599) | (78,737) | 532,609 | ||||||
Net realized/unrealized gain on investments and futures contracts | 2,542,431 | 47,190,565 | 59,114,439 | 19,330,359 | 68,491,560 | 15,029,923 | 27,194,956 | ||||||
Change in net assets from operations | $6,528,391 | $47,780,847 | $60,740,833 | $ 18,962,571 | $70,511,960 | $15,003,852 | $28,388,783 | ||||||
*Taxes withheld | $ — | $ 2,031 | $ 458 | $ 1,005 | $ — | $ — | $ 6,855 |
Statements of Operations | For the Six-Month Period Ended June 30, 2021 (Unaudited) |
ON Federated Core Plus Bond Portfolio | ON Janus Henderson U.S. Low Volatility Portfolio | ON iShares Managed Risk Balanced Portfolio | ON Moderately Conservative Model Portfolio | ON Balanced Model Portfolio | ON Moderate Growth Model Portfolio | ON Growth Model Portfolio | |||||||
Investment income: | |||||||||||||
Interest | $ 2,527,361 | $ — | $ — | $ — | $ — | $ — | $ — | ||||||
Dividends from unaffiliated issuers, net of taxes withheld* | 475,121 | 163,167 | 187 | 1,119,177 | 3,197,237 | 3,861,761 | 656,280 | ||||||
Dividends from affililiates | — | — | — | 570 | 2,161 | 3,796 | 855 | ||||||
Total investment income | 3,002,482 | 163,167 | 187 | 1,119,747 | 3,199,398 | 3,865,557 | 657,135 | ||||||
Expenses: | |||||||||||||
Management fees | 668,983 | 31,830 | 13,513 | 595,518 | 2,246,657 | 3,976,365 | 895,794 | ||||||
Custodian fees | 8,929 | 470 | 71 | 8,786 | 8,366 | 7,799 | 6,350 | ||||||
Directors' fees | 10,047 | 379 | 171 | 12,833 | 48,182 | 85,056 | 19,139 | ||||||
Professional fees | 8,606 | 440 | 333 | 12,291 | 19,548 | 27,624 | 13,202 | ||||||
Accounting fees | 58,496 | 677 | 125 | 10,712 | 11,823 | 11,823 | 11,767 | ||||||
Administration fees | 12,567 | 199 | 160 | 17,447 | 19,688 | 22,319 | 17,474 | ||||||
Printing and filing fees | 5,777 | 70 | 59 | 5,958 | 6,024 | 8,416 | 4,708 | ||||||
Compliance expense | 6,275 | 242 | 241 | 6,275 | 6,275 | 6,275 | 6,275 | ||||||
Recoupment of previously reimbursed expenses | — | — | — | — | 25,117 | 34,233 | 118,147 | ||||||
Other | 2,472 | 79 | 11 | 4,155 | 14,284 | 24,639 | 5,365 | ||||||
Total expenses | 782,152 | 34,386 | 14,684 | 673,975 | 2,405,964 | 4,204,549 | 1,098,221 | ||||||
Less expenses reduced or reimbursed by advisor | — | — | — | (64,732) | (137,994) | — | — | ||||||
Net expenses | 782,152 | 34,386 | 14,684 | 609,243 | 2,267,970 | 4,204,549 | 1,098,221 | ||||||
Net investment income (loss) | 2,220,330 | 128,781 | (14,497) | 510,504 | 931,428 | (338,992) | (441,086) | ||||||
Realized/unrealized gain (loss) on investments, capital gain distributions received from underlying mutual funds, futures contracts, and foreign currency related transactions: | |||||||||||||
Net realized gain (loss) on: | |||||||||||||
Investments in securities of unaffiliated issuers | (386,762) | — | — | 1,567,286 | 3,595,810 | 6,905,846 | 1,918,449 | ||||||
Investments in affiliates | — | — | — | 5,487,212 | 22,294,203 | 50,109,094 | 13,166,132 | ||||||
Capital gain distributions received from underlying unaffiliated mutual funds | — | — | — | 246,359 | 654,338 | 902,946 | 58,400 | ||||||
Futures contracts | 634,398 | — | (4,169) | — | — | — | — | ||||||
Foreign currency related transactions | — | — | (10,359) | — | — | — | — | ||||||
Change in unrealized appreciation/depreciation on: | |||||||||||||
Investments in securities of unaffiliated issuers | (4,067,508) | 2,010,698 | 405,112 | (2,488,927) | 1,662,489 | 12,489,341 | 4,403,328 | ||||||
Investments in affiliates | — | — | — | 9,281,582 | 53,657,919 | 122,115,450 | 32,303,083 | ||||||
Futures contracts | (533,675) | — | (696,657) | — | — | — | — | ||||||
Foreign currency related transactions | — | — | (19,904) | — | — | — | — | ||||||
Net realized/unrealized gain (loss) on investments, capital gain distributions received from underlying mutual funds, futures contracts, and foreign currency related transactions | (4,353,547) | 2,010,698 | (325,977) | 14,093,512 | 81,864,759 | 192,522,677 | 51,849,392 | ||||||
Change in net assets from operations | $(2,133,217) | $2,139,479 | $(340,474) | $14,604,016 | $82,796,187 | $192,183,685 | $51,408,306 |
ON Bond Portfolio | ON BlackRock Balanced Allocation Portfolio | ON BlackRock Advantage International Equity Portfolio | ON Janus Henderson Forty Portfolio | ||||||||||||
Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | ||||||||
Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | ||||||||
Increase (Decrease) in net assets: | |||||||||||||||
Operations: | |||||||||||||||
Net investment income (loss) | $ 3,659,880 | $ 7,643,059 | $ 3,463,637 | $ 8,003,896 | $ 6,221,822 | $ 6,290,888 | $ (376,203) | $ (458,258) | |||||||
Net realized gain (loss) on investments, futures contracts, and foreign currency related transactions | 103,115 | 1,088,784 | 50,545,120 | 41,192,682 | 55,517,136 | (3,041,516) | 13,321,941 | 22,565,835 | |||||||
Change in unrealized appreciation/depreciation on investments, futures contracts, and foreign currency related transactions | (7,480,961) | 16,136,193 | (1,309,664) | 25,891,058 | (11,772,441) | 33,927,185 | 12,340,744 | 39,196,159 | |||||||
Change in net assets from operations | (3,717,966) | 24,868,036 | 52,699,093 | 75,087,636 | 49,966,517 | 37,176,557 | 25,286,482 | 61,303,736 | |||||||
Distributions: | |||||||||||||||
Distributions to shareholders | — | (1,955,669) | — | (3,456,539) | — | (2,738,370) | — | (4,403,993) | |||||||
Capital transactions: | |||||||||||||||
Received from shares sold | 21,477,573 | 60,133,879 | 16,754,189 | 48,633,016 | 9,689,506 | 39,904,840 | 3,745,894 | 11,932,642 | |||||||
Received from shares issued in reorganizations | — | — | — | — | — | 39,436,084 | — | — | |||||||
Received from dividends reinvested | — | 1,955,669 | — | 3,456,539 | — | 2,738,370 | — | 4,403,993 | |||||||
Paid for shares redeemed | (26,689,596) | (80,405,191) | (55,559,959) | (135,249,225) | (54,152,467) | (86,338,732) | (25,135,579) | (66,548,074) | |||||||
Change in net assets from capital transactions | (5,212,023) | (18,315,643) | (38,805,770) | (83,159,670) | (44,462,961) | (4,259,438) | (21,389,685) | (50,211,439) | |||||||
Change in net assets | (8,929,989) | 4,596,724 | 13,893,323 | (11,528,573) | 5,503,556 | 30,178,749 | 3,896,797 | 6,688,304 | |||||||
Net assets: | |||||||||||||||
Beginning of period | 295,061,593 | 290,464,869 | 533,689,647 | 545,218,220 | 504,416,187 | 474,237,438 | 203,638,157 | 196,949,853 | |||||||
End of period | $286,131,604 | $295,061,593 | $547,582,970 | $ 533,689,647 | $509,919,743 | $504,416,187 | $207,534,954 | $203,638,157 |
ON AB Small Cap Portfolio | ON AB Mid Cap Core Portfolio | ON S&P 500® Index Portfolio | ON BlackRock Advantage Large Cap Value Portfolio | ||||||||||||
Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | ||||||||
Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | ||||||||
Increase (Decrease) in net assets: | |||||||||||||||
Operations: | |||||||||||||||
Net investment income (loss) | $ (349,080) | $ (770,353) | $ 151,909 | $ (120,181) | $ 6,754,442 | $ 16,822,955 | $ 2,041,636 | $ 4,947,760 | |||||||
Net realized gain (loss) on investments, futures contracts, and foreign currency related transactions | 78,036,710 | 19,972,855 | 38,136,999 | 6,171,111 | 60,551,072 | 69,188,819 | 43,056,085 | (13,076,657) | |||||||
Change in unrealized appreciation/depreciation on investments, futures contracts, and foreign currency related transactions | (67,412,166) | 32,201,515 | (27,238,327) | 12,175,034 | 108,566,905 | 105,946,641 | 5,043,342 | 20,977,953 | |||||||
Change in net assets from operations | 10,275,464 | 51,404,017 | 11,050,581 | 18,225,964 | 175,872,419 | 191,958,415 | 50,141,063 | 12,849,056 | |||||||
Distributions: | |||||||||||||||
Distributions to shareholders | — | (3,319,361) | — | (1,446,892) | — | (16,545,732) | — | (4,616,269) | |||||||
Capital transactions: | |||||||||||||||
Received from shares sold | 7,207,303 | 26,259,176 | 1,546,579 | 7,735,887 | 38,332,247 | 87,145,272 | 7,079,402 | 28,451,695 | |||||||
Received from dividends reinvested | — | 3,319,361 | — | 1,446,892 | — | 16,545,732 | — | 4,616,269 | |||||||
Paid for shares redeemed | (22,569,494) | (65,886,679) | (14,607,088) | (26,741,822) | (165,175,163) | (252,910,129) | (55,275,982) | (45,453,705) | |||||||
Change in net assets from capital transactions | (15,362,191) | (36,308,142) | (13,060,509) | (17,559,043) | (126,842,916) | (149,219,125) | (48,196,580) | (12,385,741) | |||||||
Change in net assets | (5,086,727) | 11,776,514 | (2,009,928) | (779,971) | 49,029,503 | 26,193,558 | 1,944,483 | (4,152,954) | |||||||
Net assets: | |||||||||||||||
Beginning of period | 182,451,373 | 170,674,859 | 109,193,098 | 109,973,069 | 1,228,784,932 | 1,202,591,374 | 316,528,107 | 320,681,061 | |||||||
End of period | $177,364,646 | $182,451,373 | $107,183,170 | $109,193,098 | $1,277,814,435 | $1,228,784,932 | $318,472,590 | $316,528,107 |
ON Federated High Income Bond Portfolio | ON Nasdaq-100® Index Portfolio | ON BlackRock Advantage Large Cap Core Portfolio | ON BlackRock Advantage Small Cap Growth Portfolio | ||||||||||||
Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | ||||||||
Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | ||||||||
Increase (Decrease) in net assets: | |||||||||||||||
Operations: | |||||||||||||||
Net investment income (loss) | $ 3,985,960 | $ 8,702,265 | $ 590,282 | $ 1,718,327 | $ 1,626,394 | $ 4,080,468 | $ (367,788) | $ (323,087) | |||||||
Net realized gain (loss) on investments and futures contracts | (237,854) | (2,319,010) | 19,511,016 | 69,212,424 | 51,305,111 | 37,137,038 | 40,300,408 | 25,652,045 | |||||||
Change in unrealized appreciation/depreciation on investments and futures contracts | 2,780,285 | 2,340,340 | 27,679,549 | 70,395,037 | 7,809,328 | 22,049,754 | (20,970,049) | 34,122,797 | |||||||
Change in net assets from operations | 6,528,391 | 8,723,595 | 47,780,847 | 141,325,788 | 60,740,833 | 63,267,260 | 18,962,571 | 59,451,755 | |||||||
Distributions: | |||||||||||||||
Distributions to shareholders | — | (2,647,672) | — | (17,027,006) | — | (742,987) | — | (2,304,466) | |||||||
Capital transactions: | |||||||||||||||
Received from shares sold | 7,010,015 | 16,805,407 | 27,888,146 | 53,369,383 | 4,256,305 | 13,469,658 | 8,243,202 | 14,648,310 | |||||||
Received from dividends reinvested | — | 2,647,672 | — | 17,027,006 | — | 742,987 | — | 2,304,466 | |||||||
Paid for shares redeemed | (12,477,204) | (48,571,296) | (64,346,489) | (164,668,793) | (51,604,250) | (88,853,122) | (30,095,622) | (69,166,327) | |||||||
Change in net assets from capital transactions | (5,467,189) | (29,118,217) | (36,458,343) | (94,272,404) | (47,347,945) | (74,640,477) | (21,852,420) | (52,213,551) | |||||||
Change in net assets | 1,061,202 | (23,042,294) | 11,322,504 | 30,026,378 | 13,392,888 | (12,116,204) | (2,889,849) | 4,933,738 | |||||||
Net assets: | |||||||||||||||
Beginning of period | 175,609,849 | 198,652,143 | 383,012,671 | 352,986,293 | 418,453,763 | 430,569,967 | 209,781,859 | 204,848,121 | |||||||
End of period | $176,671,051 | $175,609,849 | $394,335,175 | $ 383,012,671 | $431,846,651 | $418,453,763 | $206,892,010 | $209,781,859 |
ON S&P MidCap 400® Index Portfolio | ON BlackRock Advantage Large Cap Growth Portfolio | ON Risk Managed Balanced Portfolio | ON Federated Core Plus Bond Portfolio | ||||||||||||
Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Year Ended | Six-Month Period | Period from May 1, 2020 (inception) to | ||||||||
Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | ||||||||
Increase (Decrease) in net assets: | |||||||||||||||
Operations: | |||||||||||||||
Net investment income (loss) | $ 2,020,400 | $ 5,201,608 | $ (26,071) | $ 221,041 | $ 1,193,827 | $ 3,075,686 | $ 2,220,330 | $ 2,422,945 | |||||||
Net realized gain (loss) on investments, futures contracts, and foreign currency related transactions | 35,935,906 | (5,139,972) | 14,778,601 | 21,546,043 | 13,811,433 | 60,426,073 | 247,636 | (51,642) | |||||||
Change in unrealized appreciation/depreciation on investments, futures contracts, and foreign currency related transactions | 32,555,654 | 52,421,868 | 251,322 | 9,631,527 | 13,383,523 | 17,484,277 | (4,601,183) | 7,546,728 | |||||||
Change in net assets from operations | 70,511,960 | 52,483,504 | 15,003,852 | 31,398,611 | 28,388,783 | 80,986,036 | (2,133,217) | 9,918,031 | |||||||
Distributions: | |||||||||||||||
Distributions to shareholders | — | (2,070,321) | — | (1,579,491) | — | (10,638,087) | — | — | |||||||
Capital transactions: | |||||||||||||||
Received from shares sold | 13,522,017 | 51,504,179 | 1,599,099 | 5,714,920 | 27,676,181 | 57,289,980 | 500,154,003 | 238,621,576 | |||||||
Received from dividends reinvested | — | 2,070,321 | — | 1,579,491 | — | 10,638,087 | — | — | |||||||
Paid for shares redeemed | (73,746,633) | (126,683,792) | (15,204,147) | (33,463,060) | (46,484,444) | (98,065,105) | (5,154,995) | (8,668,206) | |||||||
Change in net assets from capital transactions | (60,224,616) | (73,109,292) | (13,605,048) | (26,168,649) | (18,808,263) | (30,137,038) | 494,999,008 | 229,953,370 | |||||||
Change in net assets | 10,287,344 | (22,696,109) | 1,398,804 | 3,650,471 | 9,580,520 | 40,210,911 | 492,865,791 | 239,871,401 | |||||||
Net assets: | |||||||||||||||
Beginning of period | 428,243,149 | 450,939,258 | 116,842,630 | 113,192,159 | 443,817,888 | 403,606,977 | 239,871,401 | — | |||||||
End of period | $438,530,493 | $ 428,243,149 | $118,241,434 | $116,842,630 | $453,398,408 | $443,817,888 | $732,737,192 | $239,871,401 |
ON Janus Henderson U.S. Low Volatility Portfolio | ON iShares Managed Risk Balanced Portfolio | ON Moderately Conservative Model Portfolio | ON Balanced Model Portfolio | ||||||||
Period from June 25, 2021 (inception) to | Period from June 25, 2021 (inception) to | Six-Month Period | Year Ended | Six-Month Period | Year Ended | ||||||
June 30, 2021 (Unaudited) | June 30, 2021 (Unaudited) | Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Increase (Decrease) in net assets: | |||||||||||
Operations: | |||||||||||
Net investment income (loss) | $ 128,781 | $ (14,497) | $ 510,504 | $ 2,130,733 | $ 931,428 | $ 7,000,354 | |||||
Net realized gain (loss) on investments , futures contracts, and capital gain distributions received from underlying mutual funds | — | (14,528) | 7,300,857 | 6,951,893 | 26,544,351 | 27,145,863 | |||||
Change in unrealized appreciation/depreciation on investments and futures contracts | 2,010,698 | (311,449) | 6,792,655 | 15,239,533 | 55,320,408 | 102,587,548 | |||||
Change in net assets from operations | 2,139,479 | (340,474) | 14,604,016 | 24,322,159 | 82,796,187 | 136,733,765 | |||||
Capital transactions: | |||||||||||
Received from shares sold | 157,102 | 425,254,939 | 10,898,646 | 13,528,216 | 12,125,225 | 41,303,093 | |||||
Received from shares issued in reorganizations | — | — | — | 79,451,302 | — | — | |||||
Received from in-kind transfer (see Note 3 of Notes to Financial Statements) | 983,714,079 | — | — | — | — | — | |||||
Paid for shares redeemed | (4,488,697) | (746,789) | (35,566,769) | (37,043,498) | (94,615,490) | (159,709,700) | |||||
Change in net assets from capital transactions | 979,382,484 | 424,508,150 | (24,668,123) | 55,936,020 | (82,490,265) | (118,406,607) | |||||
Change in net assets | 981,521,963 | 424,167,676 | (10,064,107) | 80,258,179 | 305,922 | 18,327,158 | |||||
Net assets: | |||||||||||
Beginning of period | — | — | 303,481,847 | 223,223,668 | 1,127,825,391 | 1,109,498,233 | |||||
End of period | $981,521,963 | $424,167,676 | $293,417,740 | $303,481,847 | $1,128,131,313 | $1,127,825,391 |
ON Moderate Growth Model Portfolio | ON Growth Model Portfolio | ||||||
Six-Month Period | Year Ended | Six-Month Period | Year Ended | ||||
Ended June 30, 2021 (Unaudited) | December 31, 2020 | Ended June 30, 2021 (Unaudited) | December 31, 2020 | ||||
Increase (Decrease) in net assets: | |||||||
Operations: | |||||||
Net investment income (loss) | $ (338,992) | $ 6,311,329 | $ (441,086) | $ 651,228 | |||
Net realized gain on investments and capital gain distributions received from underlying mutual funds | 57,917,886 | 43,533,935 | 15,142,981 | 11,114,798 | |||
Change in unrealized appreciation on investments | 134,604,791 | 215,977,554 | 36,706,411 | 58,111,743 | |||
Change in net assets from operations | 192,183,685 | 265,822,818 | 51,408,306 | 69,877,769 | |||
Capital transactions: | |||||||
Received from shares sold | 15,900,133 | 21,843,156 | 3,437,587 | 6,891,742 | |||
Paid for shares redeemed | (186,613,444) | (261,640,579) | (44,046,238) | (67,341,557) | |||
Change in net assets from capital transactions | (170,713,311) | (239,797,423) | (40,608,651) | (60,449,815) | |||
Change in net assets | 21,470,374 | 26,025,395 | 10,799,655 | 9,427,954 | |||
Net assets: | |||||||
Beginning of period | 1,987,410,478 | 1,961,385,083 | 443,063,644 | 433,635,690 | |||
End of period | $2,008,880,852 | $1,987,410,478 | $453,863,299 | $443,063,644 |
Financial Highlights |
Selected per-share data | Ratios and supplemental data | ||||||||||||
Operations | Distributions | Ratios to average net assets | |||||||||||
Ratios net of expenses reduced or reimbursed by adviser | Ratios assuming no expenses reduced or reimbursed by adviser | ||||||||||||
Net asset value, beginning of year or period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from operations | Distributions to shareholders | Net asset value, end of year or period | Total Return# | Expenses | Net investment income (loss) | Expenses | Net assets, end of year or period (millions) | Portfolio turnover rate | ||
ON Bond Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $20.79 | 0.27 | (0.53) | (0.26) | — | $20.53 | (1.25)%* | 0.59% ** | 2.59%** | 0.59%** | $286.1 | 6% * | |
Year Ended December 31, 2020 | $19.10 | 0.55 | 1.28 | 1.83 | (0.14) | $20.79 | 9.59% | 0.60% | 2.72% | 0.60% | $295.1 | 69% | |
Year Ended December 31, 2019 | $17.02 | 0.55 | 1.96 | 2.51 | (0.43) | $19.10 | 14.73% | 0.60% | 3.19% | 0.60% | $290.5 | 60% | |
Year Ended December 31, 2018 | $17.56 | 0.64 | (1.18) | (0.54) | — | $17.02 | (3.08)% | 0.59% | 3.27% | 0.59% | $257.7 | 40% | |
Year Ended December 31, 2017 | $16.54 | 0.04 | 0.98 | 1.02 | — | $17.56 | 6.17% | 0.63% | 3.16% | 0.63% | $317.3 | 114% | |
ON BlackRock Balanced Allocation Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $39.40 | 0.32 | 3.73 | 4.05 | — | $43.45 | 10.28%* | 0.54%** | 1.30%** | 0.54%** | $547.6 | 57%* | |
Year Ended December 31, 2020 | $34.30 | 0.60 | 4.75 | 5.35 | (0.25) | $39.40 | 15.65% | 0.55% | 1.57% | 0.55% | $533.7 | 121% | |
Year Ended December 31, 2019 | $27.85 | 0.26 | 7.85 | 8.11 | (1.66) | $34.30 | 29.29% | 0.59% | 1.77% | 0.59% | $545.2 | 97% (a) | |
Year Ended December 31, 2018 | $32.60 | 0.40 | (5.15) | (4.75) | — | $27.85 | (14.57)% | 0.77% | 1.16% | 0.77% | $ 53.6 | 225% | |
Year Ended December 31, 2017 | $26.93 | 0.31 | 5.36 | 5.67 | — | $32.60 | 21.05% | 0.78% | 1.02% | 0.78% | $ 68.4 | 187% | |
ON BlackRock Advantage International Equity Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $16.47 | 0.24 | 1.45 | 1.69 | — | $18.16 | 10.26%* | 0.89%** | 2.45%** | 0.89%** | $509.9 | 111%* | |
Year Ended December 31, 2020 | $15.52 | 0.20 | 0.83 | 1.03 | (0.08) | $16.47 | 6.74% | 0.91% | 1.40% | 0.91% | $504.4 | 238% | |
Year Ended December 31, 2019 | $13.07 | 0.34 | 2.37 | 2.71 | (0.26) | $15.52 | 20.72% | 0.87% | 2.15% | 0.87% | $474.2 | 105% (b) | |
Year Ended December 31, 2018 | $15.08 | 0.23 | (2.24) | (2.01) | — | $13.07 | (13.33)% | 0.86% | 1.93% | 0.86% | $518.8 | 44% | |
Year Ended December 31, 2017 | $11.89 | 0.18 | 3.01 | 3.19 | — | $15.08 | 26.83% | 1.06% | 1.25% | 1.06% | $158.1 | 132% (c) | |
ON Janus Henderson Forty Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $35.13 | (0.07) | 4.64 | 4.57 | — | $39.70 | 13.01%* | 0.77%** | (0.37)%** | 0.77%** | $207.5 | 17%* | |
Year Ended December 31, 2020 | $26.06 | (0.08) | 9.87 | 9.79 | (0.72) | $35.13 | 37.87% | 0.79% | (0.24)% | 0.79% | $203.6 | 36% | |
Year Ended December 31, 2019 | $20.97 | (—) (d) | 7.25 | 7.25 | (2.16) | $26.06 | 34.89% | 0.81% | (—)% (d) | 0.81% | $196.9 | 53% | |
Year Ended December 31, 2018 | $19.93 | (0.03) | 1.07 | 1.04 | — | $20.97 | 5.22% | 0.87% | (0.15)% | 0.87% | $149.3 | 48% | |
Year Ended December 31, 2017 | $15.61 | (0.03) | 4.35 | 4.32 | — | $19.93 | 27.67% | 0.96% | (0.15)% | 0.96% | $ 60.6 | 57% | |
+ | Unaudited |
* | Not annualized |
** | Annualized |
(a) | The cost of purchases and proceeds from sales of Portfolio securities that were incurred to realign the Portfolio’s holdings subsequent to the August 23, 2019 reorganization are excluded from the portfolio turnover rate calculation. If such amounts had not been excluded, the portfolio turnover rate would have been 261%. Effective February 1, 2019, the sub-adviser for the equity portion of the ON BlackRock Balanced Allocation Portfolio changed from Suffolk Capital Management, LLC to BlackRock Investment Management, LLC. |
(b) | Effective December 7, 2019, the sub-adviser to the ON ON BlackRock Advantage International Equity Portfolio changed from Lazard Asset Management LLC to BlackRock Investment Management, LLC. Costs of purchases and proceeds from sales of portfolio securities associated with the change in sub-advisers contributed to a higher portfolio turnover rate for the year ended December 31, 2019 as compared to prior years. |
(c) | Effective May 1, 2017, the sub-adviser to the ON BlackRock Advantage International Equity Portfolio changed from Federated Global Investment Management Corp. to Lazard Asset Management LLC. Costs of purchases and proceeds from sales of portfolio securities associated with the change in the sub-adviser contributed to a higher portfolio turnover rate for the year ended December 31, 2017 as compared to prior years. |
(d) | The absolute value of per share or ratio data is less than $0.005 per share, or 0.005%, respectively. |
Financial Highlights |
Selected per-share data | Ratios and supplemental data | ||||||||||||
Operations | Distributions | Ratios to average net assets | |||||||||||
Ratios net of expenses reduced or reimbursed by adviser | Ratios assuming no expenses reduced or reimbursed by adviser | ||||||||||||
Net asset value, beginning of year or period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from operations | Distributions to shareholders | Net asset value, end of year or period | Total Return# | Expenses | Net investment income (loss) | Expenses | Net assets, end of year or period (millions) | Portfolio turnover rate | ||
ON AB Small Cap Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $44.52 | (0.09) | 2.60 | 2.51 | — | $47.03 | 5.64%* | 0.87% ** | (0.39)%** | 0.87%** | $ 177.4 | 109% *, (a) | |
Year Ended December 31, 2020 | $33.89 | (0.22) | 11.55 | 11.33 | (0.70) | $44.52 | 34.04% | 0.89% | (0.48)% | 0.89% | $ 182.5 | 26% | |
Year Ended December 31, 2019 | $30.89 | (0.15) | 8.87 | 8.72 | (5.72) | $33.89 | 28.61% | 0.88% | (0.35)% | 0.88% | $ 170.7 | 17% | |
Year Ended December 31, 2018 | $32.99 | (0.10) | (2.00) | (2.10) | — | $30.89 | (6.37)% | 0.85% | (0.23)% | 0.85% | $ 207.4 | 33% | |
Year Ended December 31, 2017 | $26.61 | (0.06) | 6.44 | 6.38 | — | $32.99 | 23.98% | 0.85% | (0.19)% | 0.85% | $ 276.2 | 26% | |
ON AB Mid Cap Core Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $56.98 | 0.08 | 6.00 | 6.08 | — | $63.06 | 10.67%* | 0.92%** | 0.28%** | 0.92%** | $ 107.2 | 107%* (a) | |
Year Ended December 31, 2020 | $48.53 | (0.06) | 9.21 | 9.15 | (0.70) | $56.98 | 19.15% | 0.98% | (0.12)% | 0.98% | $ 109.2 | 14% | |
Year Ended December 31, 2019 | $37.36 | 0.05 | 13.54 | 13.59 | (2.42) | $48.53 | 36.57% | 0.96% | 0.10% | 0.96% | $ 110.0 | 10% | |
Year Ended December 31, 2018 | $38.60 | 0.02 | (1.26) | (1.24) | — | $37.36 | (3.21)% | 0.96% | 0.06% | 0.96% | $ 102.6 | 103% (b) | |
Year Ended December 31, 2017 | $30.37 | (0.09) | 8.32 | 8.23 | — | $38.60 | 27.10% | 0.98% | (0.24)% | 0.98% | $ 77.8 | 57% | |
ON S&P 500® Index Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $38.72 | 0.30 | 5.53 | 5.83 | — | $44.55 | 15.06%* | 0.38%** | 1.08%** | 0.38%** | $1,277.8 | 1%* | |
Year Ended December 31, 2020 | $33.29 | 0.54 | 5.40 | 5.94 | (0.51) | $38.72 | 17.99% | 0.39% | 1.49% | 0.39% | $1,228.8 | 6% | |
Year Ended December 31, 2019 | $28.11 | 0.57 | 8.00 | 8.57 | (3.39) | $33.29 | 30.97% | 0.39% | 1.64% | 0.39% | $1,202.6 | 7% | |
Year Ended December 31, 2018 | $29.52 | 0.48 | (1.89) | (1.41) | — | $28.11 | (4.78)% | 0.38% | 1.58% | 0.38% | $1,111.5 | 18% | |
Year Ended December 31, 2017 | $24.32 | 0.37 | 4.83 | 5.20 | — | $29.52 | 21.38% | 0.38% | 1.65% | 0.38% | $1,144.2 | 8% | |
ON BlackRock Advantage Large Cap Value Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $19.13 | 0.19 | 3.03 | 3.22 | — | $22.35 | 16.83%* | 0.74%** | 1.28%** | 0.74%** | $ 318.5 | 70%* | |
Year Ended December 31, 2020 | $18.75 | 0.30 | 0.35 | 0.65 | (0.27) | $19.13 | 3.66% | 0.74% | 1.70% | 0.74% | $ 316.5 | 150% | |
Year Ended December 31, 2019 | $16.37 | 0.76 | 2.38 | 3.14 | (0.76) | $18.75 | 19.21% | 0.77% | 3.94% | 0.77% | $ 320.7 | 127% (c) | |
Year Ended December 31, 2018 | $17.88 | 0.87 | (2.38) | (1.51) | — | $16.37 | (8.45)% | 0.76% | 3.88% | 0.76% | $ 321.8 | 18% | |
Year Ended December 31, 2017 | $15.60 | 0.59 | 1.69 | 2.28 | — | $17.88 | 14.62% | 0.75% | 3.77% | 0.75% | $ 596.7 | 27% | |
+ | Unaudited |
* | Not annualized |
** | Annualized |
(a) | Effective May 1, 2021, the sub-adviser to the ON AB Small Cap Portfolio and ON AB Mid Cap Core Portfolio changed from Janus Capital Management LLC to AllianceBernstein, L.P. Costs of purchases and proceeds from sales of portfolio securities associated with the change in the sub-adviser contributed to a higher portfolio turnover rate for the six-month period ended June 30, 2021 as compared to prior years. |
(b) | Effective May 1, 2018, the sub-adviser changed from Goldman Sachs Asset Management, L.P. to Janus Capital Management LLC. Costs of purchases and proceeds from sales of portfolio securities associated with the change in the sub-adviser contributed to a higher portfolio turnover rate for the year ended December 31, 2018 as compared to prior years. |
(c) | Effective December 7, 2019, the sub-adviser changed from Federated Equity Management Company of Pennsylvania to BlackRock Investment Management, LLC. Costs of purchases and proceeds from sales of portfolio securities associated with the change in the sub-adviser contributed to a higher portfolio turnover rate for the year ended December 31, 2019 as compared to prior years. |
Financial Highlights |
Selected per-share data | Ratios and supplemental data | ||||||||||||
Operations | Distributions | Ratios to average net assets | |||||||||||
Ratios net of expenses reduced or reimbursed by adviser | Ratios assuming no expenses reduced or reimbursed by adviser | ||||||||||||
Net asset value, beginning of year or period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from operations | Distributions to shareholders | Net asset value, end of year or period | Total Return# | Expenses | Net investment income (loss) | Expenses | Net assets, end of year or period (millions) | Portfolio turnover rate | ||
ON Federated High Income Bond Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $21.65 | 0.54 | 0.29 | 0.83 | — | $22.48 | 3.83%* | 0.82% ** | 4.61%** | 0.82%** | $176.7 | 20% * | |
Year Ended December 31, 2020 | $20.69 | 1.12 | 0.16 | 1.28 | (0.32) | $21.65 | 6.26% | 0.83% | 4.97% | 0.83% | $175.6 | 33% | |
Year Ended December 31, 2019 | $18.73 | 1.14 | 1.70 | 2.84 | (0.88) | $20.69 | 15.29% | 0.80% | 5.34% | 0.80% | $198.7 | 23% | |
Year Ended December 31, 2018 | $19.36 | 1.41 | (2.04) | (0.63) | — | $18.73 | (3.25)% | 0.75% | 5.39% | 0.75% | $202.1 | 14% | |
Year Ended December 31, 2017 | $18.10 | 1.04 | 0.22 | 1.26 | — | $19.36 | 6.96% | 0.74% | 5.21% | 0.74% | $319.1 | 30% | |
ON Nasdaq-100® Index Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $28.08 | 0.06 | 3.63 | 3.69 | — | $31.77 | 13.14%* | 0.41%** | 0.31%** | 0.41%** | $394.3 | 1%* | |
Year Ended December 31, 2020 | $19.83 | 0.13 | 9.30 | 9.43 | (1.18) | $28.08 | 48.32% | 0.42% | 0.49% | 0.42% | $383.0 | 10% | |
Year Ended December 31, 2019 | $16.60 | 0.14 | 6.15 | 6.29 | (3.06) | $19.83 | 38.86% | 0.42% | 0.66% | 0.42% | $353.0 | 8% | |
Year Ended December 31, 2018 | $16.67 | 0.12 | (0.19) | (0.07) | — | $16.60 | (0.42)% | 0.41% | 0.67% | 0.41% | $327.6 | 22% | |
Year Ended December 31, 2017 | $12.59 | 0.07 | 4.01 | 4.08 | — | $16.67 | 32.41% | 0.45% | 0.71% | 0.45% | $257.2 | 9% | |
ON BlackRock Advantage Large Cap Core Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $38.66 | 0.21 | 5.71 | 5.92 | — | $44.58 | 15.31%* | 0.69%** | 0.77%** | 0.69%** | $431.8 | 67%* | |
Year Ended December 31, 2020 | $32.95 | 0.38 | 5.39 | 5.77 | (0.06) | $38.66 | 17.55% | 0.70% | 1.04% | 0.70% | $418.5 | 137% | |
Year Ended December 31, 2019 | $24.79 | 0.22 | 8.10 | 8.32 | (0.16) | $32.95 | 33.60% | 0.74% | 1.28% | 0.74% | $430.6 | 152% (a) | |
Year Ended December 31, 2018 | $30.22 | 0.20 | (5.63) | (5.43) | — | $24.79 | (17.97)% | 0.82% | 0.63% | 0.82% | $155.3 | 272% | |
Year Ended December 31, 2017 | $24.02 | 0.16 | 6.04 | 6.20 | — | $30.22 | 25.81% | 0.82% | 0.47% | 0.82% | $223.7 | 220% | |
ON BlackRock Advantage Small Cap Growth Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $41.69 | (0.08) | 3.85 | 3.77 | — | $45.46 | 9.04%* | 0.85%** | (0.35)%** | 0.85%** | $206.9 | 53%* | |
Year Ended December 31, 2020 | $31.42 | (0.06) | 10.73 | 10.67 | (0.40) | $41.69 | 34.34% | 0.86% | (0.17)% | 0.86% | $209.8 | 87% | |
Year Ended December 31, 2019 | $23.62 | 0.02 | 8.02 | 8.04 | (0.24) | $31.42 | 34.07% | 0.91% | 0.11% | 0.91% | $204.8 | 114% (a) | |
Year Ended December 31, 2018 | $24.91 | (0.26) | (1.03) | (1.29) | — | $23.62 | (5.18)% | 1.05% | (0.55)% | 1.05% | $ 25.5 | 201% | |
Year Ended December 31, 2017 | $20.49 | (0.21) | 4.63 | 4.42 | — | $24.91 | 21.57% | 0.98% | (0.55)% | 0.98% | $ 56.8 | 196% | |
+ | Unaudited |
* | Not annualized |
** | Annualized |
(a) | The cost of purchases and proceeds from sales of Portfolio securities that were incurred to realign the Portfolios holdings subsequent to the August 23, 2019 reorganization are excluded from the portfolio turnover rate calculation. If such amounts had not been excluded, the portfolio turnover rates would have been 211% for the ON BlackRock Advantage Large Cap Core Portfolio and and 177% for the ON BlackRock Advantage Small Cap Growth Portolio. Effective February 1, 2019, the sub-adviser to the Portfolios changed from Suffolk Capital Management, LLC to BlackRock Investment Management, LLC. |
Financial Highlights |
Selected per-share data | Ratios and supplemental data | ||||||||||||
Operations | Distributions | Ratios to average net assets | |||||||||||
Ratios net of expenses reduced or reimbursed by adviser | Ratios assuming no expenses reduced or reimbursed by adviser | ||||||||||||
Net asset value, beginning of year or period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from operations | Distributions to shareholders | Net asset value, end of year or period | Total Return# | Expenses | Net investment income (loss) | Expenses | Net assets, end of year or period (millions) | Portfolio turnover rate | ||
ON S&P MidCap 400® Index Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $21.70 | 0.15 | 3.61 | 3.76 | — | $25.46 | 17.33%* | 0.42% ** | 0.93%** | 0.42%** | $438.5 | 9% * | |
Year Ended December 31, 2020 | $19.25 | 0.27 | 2.27 | 2.54 | (0.09) | $21.70 | 13.33% | 0.42% | 1.31% | 0.42% | $428.2 | 28% | |
Year Ended December 31, 2019 | $15.46 | 0.21 | 3.74 | 3.95 | (0.16) | $19.25 | 25.58% | 0.44% | 1.37% | 0.44% | $450.9 | 39% | |
Year Ended December 31, 2018 | $17.46 | 0.10 | (2.10) | (2.00) | — | $15.46 | (11.45)% | 0.51% | 1.32% | 0.51% | $306.6 | 28% | |
Year Ended December 31, 2017 | $15.12 | 0.04 | 2.30 | 2.34 | — | $17.46 | 15.48% | 0.71% | 0.92% | 0.71% | $ 88.8 | 41% | |
ON BlackRock Advantage Large Cap Growth Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $36.36 | (—) (a) | 4.88 | 4.88 | — | $41.24 | 13.42%* | 0.77%** | (0.04)%** | 0.77%** | $118.2 | 74%* | |
Year Ended December 31, 2020 | $27.54 | 0.08 | 9.22 | 9.30 | (0.48) | $36.36 | 33.97% | 0.79% | 0.21% | 0.79% | $116.8 | 143% | |
Year Ended December 31, 2019 | $20.59 | 0.16 | 7.77 | 7.93 | (0.98) | $27.54 | 38.68% | 0.80% | 0.62% | 0.80% | $113.2 | 214% | |
Year Ended December 31, 2018 | $24.19 | 0.12 | (3.72) | (3.60) | — | $20.59 | (14.88)% | 0.88% | 0.43% | 0.88% | $ 87.5 | 269% | |
Year Ended December 31, 2017 | $18.65 | 0.07 | 5.47 | 5.54 | — | $24.19 | 29.71% | 0.88% | 0.24% | 0.88% | $128.0 | 218% | |
ON Risk Managed Balanced Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $17.63 | 0.05 | 1.12 | 1.17 | — | $18.80 | 6.64%* | 0.95%** | 0.54%** | 0.95%** | $453.4 | 26%* | |
Year Ended December 31, 2020 | $14.81 | 0.13 | 3.12 | 3.25 | (0.43) | $17.63 | 22.15% | 0.98% | 0.76% | 0.98% | $443.8 | 114% (b), (c) | |
Year Ended December 31, 2019 | $12.91 | 0.21 | 3.01 | 3.22 | (1.32) | $14.81 | 25.16% | 0.99% | 1.39% | 0.99% | $403.6 | 105% (c) | |
Year Ended December 31, 2018 | $13.01 | 0.17 | (0.27) | (0.10) | — | $12.91 | (0.77)% | 0.99% | 1.27% | 0.99% | $347.1 | 131% (c) | |
Year Ended December 31, 2017 | $11.06 | 0.14 | 1.81 | 1.95 | — | $13.01 | 17.63% | 1.00% | 1.22% | 1.00% | $344.2 | 72% (c) | |
ON Federated Core Plus Bond Portfolio | |||||||||||||
Six-Month Period Ended June 30, 2021+ | $10.47 | (0.04) | (0.08) | (0.12) | — | $10.35 | (1.15)%* | 0.64%** | 1.81%** | 0.64%** | $732.7 | 15%* | |
Period From May 1, 2020 (inception) to December 31, 2020 | $10.00 | 0.11 | 0.36 | 0.47 | — | $10.47 | 4.70% * | 0.65% ** | 1.65% ** | 0.65% ** | $239.9 | 30% * | |
+ | Unaudited |
* | Not annualized |
** | Annualized |
(a) | The absolute value of per share or ratio data is less than $0.005 per share, or 0.005%, respectively. |
(b) | Effective May 1, 2020, the sub-adviser(s) to the ON Risk Managed Balanced Portfolio changed from Janus Capital Management LLC and AnchorPath Financial, LLC to AllianceBernstein, L.P. Costs of purchases and proceeds from sales of portfolio securities associated with the change in the sub-adviser contributed to a higher portfolio turnover rate for the year ended December 31, 2020 as compared to prior years. |
(c) | The portfolio turnover calculation in previous years includes purchases and sales from mortgage dollar roll transactions. Without the effect of mortgage dollar roll transactions, the portfolio turnover rate would have been 102% for the year ended December 31, 2020, 84% for the year ended December 31, 2019, 102% for the year ended December 31, 2018, and 63% for the year ended December 31, 2017 (see Note 2 of the Notes to Financial Statements). |
Financial Highlights |
Selected per-share data | Ratios and supplemental data | ||||||||||||||
Operations | Distributions | Ratios to average net assets | |||||||||||||
Ratios net of expenses reduced or reimbursed by adviser | Ratios assuming no expenses reduced or reimbursed by adviser | ||||||||||||||
Net asset value, beginning of year or period | Net investment income | Net realized and unrealized gain (loss) | Total from operations | Distributions to shareholders | Return of capital | Total distributions | Net asset value, end of year or period | Total Return# | Expenses | Net investment income (loss) | Expenses | Net assets, end of year or period (millions) | Portfolio turnover rate | ||
ON Janus Henderson U.S. Low Volatility Portfolio | |||||||||||||||
Period from June 25, 2021 (inception) to June 30, 2021+ | $10.00 | — (a) | 0.02 | 0.02 | — | — | — | $10.02 | 0.20%* | 0.64% ** | 2.39%** | 0.64%** | $ 981.5 | —% * | |
ON iShares Managed Risk Balanced Portfolio | |||||||||||||||
Period from June 25, 2021 (inception) to June 30, 2021+ | $10.00 | (—) (a) | (0.01) | (0.01) | — | — | — | $ 9.99 | (0.10)%* | 0.63%** | (0.62)%** | 0.63%** | $ 424.2 | —%* | |
ON Moderately Conservative Model Portfolio | |||||||||||||||
Six-Month Period Ended June 30, 2021+ | $12.67 | 0.03 | 0.61 | 0.64 | — | — | — | $13.31 | 5.05%* | 0.41%** | 0.34%** | 0.45%** | $ 293.4 | 6%* | |
Year Ended December 31, 2020 | $11.37 | 0.09 | 1.21 | 1.30 | — | — | — | $12.67 | 11.43% | 0.40% | 0.97% | 0.47% | $ 303.5 | 23% (b) | |
Year Ended December 31, 2019 | $10.09 | 0.26 | 1.41 | 1.67 | (0.37) | (0.02) | (0.39) | $11.37 | 16.58% | 0.35% | 2.22% | 0.46% | $ 223.2 | 18% | |
Year Ended December 31, 2018 | $10.69 | 0.15 | (0.75) | (0.60) | — | — | — | $10.09 | (5.61)% | 0.28% | 1.26% | 0.45% | $ 237.2 | 38% | |
Period From March 1, 2017 (inception) to December 31, 2017 | $10.00 | 0.13 | 0.56 | 0.69 | — | — | — | $10.69 | 6.90% * | 0.25% ** | 1.40% ** | 0.45% ** | $ 326.0 | 22% * | |
ON Balanced Model Portfolio | |||||||||||||||
Six-Month Period Ended June 30, 2021+ | $13.06 | 0.02 | 0.97 | 0.99 | — | — | — | $14.05 | 7.58%* | 0.41%** | 0.17%** | 0.43%** | $1,128.1 | 2%* | |
Year Ended December 31, 2020 | $11.48 | 0.08 | 1.50 | 1.58 | — | — | — | $13.06 | 13.76% | 0.39% | 0.67% | 0.43% | $1,127.8 | 22% | |
Year Ended December 31, 2019 | $ 9.97 | 0.21 | 1.73 | 1.94 | (0.24) | (0.19) | (0.43) | $11.48 | 19.46% | 0.36% | 1.82% | 0.43% | $1,109.5 | 22% | |
Year Ended December 31, 2018 | $10.81 | 0.09 | (0.93) | (0.84) | — | — | — | $ 9.97 | (7.77)% | 0.31% | 0.77% | 0.42% | $1,146.9 | 37% | |
Period From March 1, 2017 (inception) to December 31, 2017 | $10.00 | 0.09 | 0.72 | 0.81 | — | — | — | $10.81 | 8.10% * | 0.25% ** | 1.01% ** | 0.42% ** | $1,562.6 | 25% * | |
+ | Unaudited |
* | Not annualized |
** | Annualized |
(a) | The absolute value of per share or ratio data is less than $0.005 per share, or 0.005%, respectively. |
(b) | The cost of purchases and proceeds from sales of Portfolio securities that were incurred to realign the Portfolio’s holdings subsequent to the December 4, 2020 reorganization are excluded from the portfolio turnover rate calculation. If such amounts had not been excluded, the portfolio turnover rate would have been 28%. |
Financial Highlights |
Selected per-share data | Ratios and supplemental data | ||||||||||||||
Operations | Distributions | Ratios to average net assets | |||||||||||||
Ratios net of expenses reduced or reimbursed by adviser | Ratios assuming no expenses reduced or reimbursed by adviser | ||||||||||||||
Net asset value, beginning of year or period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from operations | Distributions to shareholders | Return of capital | Total distributions | Net asset value, end of year or period | Total Return# | Expenses † | Net investment income (loss)† | Expenses † | Net assets, end of year or period (millions) | Portfolio turnover rate | ||
ON Moderate Growth Model Portfolio | |||||||||||||||
Six-Month Period Ended June 30, 2021+ | $13.46 | — (a) | 1.36 | 1.36 | — | — | — | $14.82 | 10.10%* | 0.42%** ** | (0.03)%** | 0.42%** | $2,008.9 | 2% * | |
Year Ended December 31, 2020 | $11.63 | 0.04 | 1.79 | 1.83 | — | — | — | $13.46 | 15.74% | 0.44% | 0.35% | 0.45% | $1,987.4 | 16% | |
Year Ended December 31, 2019 | $ 9.93 | 0.16 | 2.20 | 2.36 | (0.30) | (0.36) | (0.66) | $11.63 | 23.81% | 0.43% | 1.31% | 0.44% | $1,961.4 | 20% | |
Year Ended December 31, 2018 | $11.05 | 0.05 | (1.17) | (1.12) | — | — | — | $ 9.93 | (10.14)% | 0.35% | 0.42% | 0.42% | $1,945.0 | 49% | |
Period From March 1, 2017 (inception) to December 31, 2017 | $10.00 | 0.07 | 0.98 | 1.05 | — | — | — | $11.05 | 10.50% * | 0.26% ** | 0.80% ** | 0.42% ** | $2,646.8 | 23% * | |
ON Growth Model Portfolio | |||||||||||||||
Six-Month Period Ended June 30, 2021+ | $14.17 | (0.01) | 1.73 | 1.72 | — | — | — | $15.89 | 12.14%* | 0.49%** | (0.20)%** | 0.49%** | $ 453.9 | 2%* | |
Year Ended December 31, 2020 | $11.94 | 0.02 | 2.21 | 2.23 | — | — | — | $14.17 | 18.68% | 0.46% | 0.16% | 0.47% | $ 443.1 | 11% | |
Year Ended December 31, 2019 | $ 9.86 | 0.11 | 2.50 | 2.61 | (0.35) | (0.18) | (0.53) | $11.94 | 26.47% | 0.45% | 0.92% | 0.47% | $ 433.6 | 18% | |
Year Ended December 31, 2018 | $11.15 | 0.02 | (1.31) | (1.29) | — | — | — | $ 9.86 | (11.57)% | 0.31% | 0.17% | 0.43% | $ 424.2 | 62% | |
Period From March 1, 2017 (inception) to December 31, 2017 | $10.00 | 0.05 | 1.10 | 1.15 | — | — | — | $11.15 | 11.50% * | 0.25% ** | 0.51% ** | 0.43% ** | $ 543.8 | 24% * | |
* | Not annualized |
** | Annualized |
(a) | The absolute value of per share or ratio data is less than $0.005 per share, or 0.005%, respectively. |
Notes to Financial Statements | June 30, 2021 (Unaudited) |
■ | ON Bond Portfolio – High level of income and opportunity for capital appreciation consistent with preservation of capital by investing, under normal circumstances, at least 80% of its net assets in corporate debt securities. |
■ | ON BlackRock Balanced Allocation Portfolio – High level of long-term total return consistent with preservation of capital by investing in stocks, bonds, and money market instruments. |
■ | ON BlackRock Advantage International Equity Portfolio – Long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets in non-U.S. equity securities and equity-like instruments of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE Index (Net - USD). |
■ | ON Janus Henderson Forty Portfolio – Long-term capital growth by investing primarily in domestic and foreign equity securities selected for growth potential. |
■ | ON AB Small Cap Portfolio (formerly ON Janus Henderson Venture Portfolio) – Long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets in equity securities of small capitalization companies with market capitalizations at the time of investment that fall within the lowest 20% of the total U.S. equity market capitalization (excluding companies with market capitalizations of less than $10 million). |
■ | ON AB Mid Cap Core Portfolio (formerly ON Janus Henderson Enterprise Portfolio) – Long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets in equity securities of mid-capitalization companies with market capitalization at the time of investment that are within the range of market capitalizations of the companies constituting the Russell Midcap® Index. |
■ | ON S&P 500® Index Portfolio – Total return approximating that of the Standard & Poor's 500® Index (S&P 500® Index), at a risk level consistent with that of the S&P 500® Index by investing, under normal circumstances, more than 80% of its net assets in securities included in the S&P 500® Index. |
■ | ON BlackRock Advantage Large Cap Value Portfolio – Growth of capital by investing, under normal circumstances, at least 80% of its net assets in stocks of large capitalization companies with market capitalizations at the time of investment that are within the range of market capitalizations of the companies in the Russell 1000® Value Index for the previous twelve months. |
■ | ON Federated High Income Bond Portfolio – High current income by investing, under normal circumstances, at least 80% of its net assets in lower rated corporate debt obligations commonly referred to as "junk bonds". The Portfolio's investments are generally rated BB or lower by Standard & Poor’s or Fitch, or Ba or lower by Moody's. |
■ | ON Nasdaq-100® Index Portfolio – Long-term growth of capital by investing, under normal circumstances, more than 80% of its net assets in the common stocks of companies that are included in the Nasdaq-100® Index. |
■ | ON BlackRock Advantage Large Cap Core Portfolio – Long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets in common stocks of the 1,000 largest publicly traded U.S. companies in terms of market capitalization. |
■ | ON BlackRock Advantage Small Cap Growth Portfolio – Long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets in stocks of companies with a market capitalization at the time of investment that is no greater than the largest market capitalization of a company in the Russell 2000® Index for the previous twelve months. |
■ | ON S&P MidCap 400® Index Portfolio – Total return approximating that of the Standard & Poor’s MidCap 400® Index (S&P MidCap 400® Index), including reinvestment of dividends, at a risk level consistent with that of the S&P MidCap 400® Index by investing, under normal circumstances, more than 80% of its net assets in the securities included in the S& P MidCap 400® Index. |
■ | ON BlackRock Advantage Large Cap Growth Portfolio – Long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets in stocks of companies with market capitalizations at the time of investment that are within the range of market capitalizations of the companies in the Russell 1000® Growth Index for the previous twelve months. |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
■ | ON Risk Managed Balanced Portfolio – Long-term capital growth, consistent with preservation of capital and balanced by current income. The Portfolio invests in a balanced portfolio of equity and fixed-income securities and a risk management portfolio intended to enhance the risk adjusted return of the Portfolio. |
■ | ON Federated Core Plus Bond Portfolio - Total return by investing, under normal circumstances, at least 80% of its net assets in fixed-income investments, primarily U.S. dollar denominated, investment-grade, fixed income securities. Investment-grade, fixed income securities are rated in one of the four highest categories (BBB- or higher) by a nationally recognized statistical rating organization (“NRSRO”). |
■ | ON Janus Henderson U.S. Low Volatility Portfolio - Capital appreciation by investing, under normal circumstances, at least 80% of its net assets in U.S. common stocks of companies included in the S& P 500® Index. Those stocks are selected by a mathematical investment process which seeks to achieve returns similar to those of the S&P 500® Index over the long-term with lower absolute volatility. |
■ | ON iShares Managed Risk Balanced Portfolio - Income and capital appreciation by investing in underlying exchange traded funds ("ETFs") and futures. Under normal market conditions, through investments in the underlying funds and derivatives, the Portfolio invests a minimum of 25% of its assets in equity investments and a minimum of 25% of its assets in fixed income investments. |
■ | ON Moderately Conservative Model Portfolio* – Current income and moderate growth of capital with a greater emphasis on current income by investing in underlying mutual funds. Under normal circumstances, the Portfolio intends to have investment exposure to various asset classes within the following target asset allocation ranges: U.S. Equity 20-40%, International Equity 5-20%, and Fixed Income 30-70%. |
■ | ON Balanced Model Portfolio* – A balance between growth of capital and current income with a greater emphasis on growth of capital by investing in underlying mutual funds. Under normal circumstances, the Portfolio intends to have investment exposure to various asset classes within the following target asset allocation ranges: U.S. Equity 25-50%, International Equity 10-25%, and Fixed Income 25-50%. |
■ | ON Moderate Growth Model Portfolio* – Growth of capital and moderate current income with a greater emphasis on growth of capital by investing in underlying mutual funds. Under normal circumstances, the Portfolio intends to have investment exposure to various asset classes within the following target asset allocation ranges: U.S. Equity 40-60%, International Equity 15-35%, and Fixed Income 10-30%. |
■ | ON Growth Model Portfolio* – Growth of capital and some current income by investing in underlying mutual funds. Under normal circumstances, the Portfolio intends to have investment exposure to various asset classes within the following target asset allocation ranges: U.S. Equity 50-80%, International Equity 15-45%, and Fixed Income 0-15%. |
* | Collectively, the "ON Model Portfolios". |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Authorized Shares | Portfolio | Authorized Shares | |||
ON Bond | 22,000,000 | ON S&P MidCap 400® Index | 31,000,000 | |||
ON BlackRock Balanced Allocation | 22,000,000 | ON BlackRock Advantage Large Cap Growth | 42,000,000 | |||
ON BlackRock Advantage International Equity | 50,000,000 | ON Risk Managed Balanced | 175,000,000 | |||
ON Janus Henderson Forty | 9,000,000 | ON Federated Core Plus Bond | 115,000,000 | |||
ON AB Small Cap | 7,000,000 | ON Janus Henderson U.S. Low Volatility | 155,000,000 | |||
ON AB Mid Cap Core | 4,000,000 | ON iShares Managed Risk Balanced | 133,000,000 | |||
ON S&P 500® Index | 50,000,000 | ON iShares Managed Risk Moderate Growth** | 105,000,000 | |||
ON BlackRock Advantage Large Cap Value | 26,000,000 | ON iShares Managed Risk Growth** | 90,000,000 | |||
ON Federated High Income Bond | 13,000,000 | ON Moderately Conservative Model | 36,000,000 | |||
ON Nasdaq-100® Index | 22,000,000 | ON Balanced Model | 130,000,000 | |||
ON BlackRock Advantage Large Cap Core | 17,000,000 | ON Moderate Growth Model | 240,000,000 | |||
ON BlackRock Advantage Small Cap Growth | 8,000,000 | ON Growth Model | 48,000,000 |
** | These Portfolios and their respective authorized shares have been approved, but are not yet in operation. |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Level 1: | Quoted prices in active markets for identical securities. |
Level 2: | Other significant observable inputs, including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc. |
Level 3: | Significant unobservable inputs, including the Fund’s own assumptions used to determine the value of securities. |
Portfolio | Financial Instrument Type | Level 1 | Level 2 | Level 3 | ||||
ON Bond | Corporate Bonds*** | $ — | $269,645,518 | $ — | ||||
Asset-Backed Securities*** | — | 7,493,015 | — | |||||
U.S. Treasury Obligations | — | 3,045,938 | — | |||||
Money Market Funds | 4,026,209 | — | — | |||||
$ 4,026,209 | $280,184,471 | $ — | ||||||
ON BlackRock Balanced Allocation | Common Stocks*** | $ 380,504,964 | $ — | $ — | ||||
Corporate Bonds*** | — | 150,012,279 | — | |||||
U.S. Treasury Obligations | — | 5,182,617 | — | |||||
Asset-Backed Securities*** | — | 3,042,239 | — | |||||
Money Market Funds | 8,286,574 | — | — | |||||
$ 388,791,538 | $158,237,135 | $ — | ||||||
Long Futures Contracts | $ 62,594 | $ — | $ — | |||||
ON BlackRock Advantage International Equity | Common Stocks*** | $ 1,673,728 | $487,247,058 | $ — | ||||
Preferred Securities*** | — | 2,630,377 | — | |||||
Money Market Funds | 9,708,182 | — | — | |||||
$ 11,381,910 | $489,877,435 | $ — | ||||||
Long Futures Contracts | $ (264,545) | $ — | $ — | |||||
ON Janus Henderson Forty | Common Stocks*** | $ 203,526,806 | $ 4,800,180 | $ — | ||||
Warrants*** | 35,071 | — | — | |||||
Money Market Funds | 2,686,793 | — | — | |||||
$ 206,248,670 | $ 4,800,180 | $ — | ||||||
ON AB Small Cap | Common Stocks*** | $ 174,708,912 | $ — | $ — | ||||
Exchange Traded Funds | 810,519 | — | — | |||||
Money Market Funds | 2,698,591 | — | — | |||||
$ 178,218,022 | $ — | $ — | ||||||
ON AB Mid Cap Core | Common Stocks*** | $ 106,269,789 | $ — | $ — | ||||
Money Market Funds | 1,112,000 | — | — | |||||
$ 107,381,789 | $ — | $ — | ||||||
ON S&P 500® Index | Common Stocks*** | $1,274,162,571 | $ — | $ — | ||||
Money Market Funds | 1,299,944 | — | — | |||||
$1,275,462,515 | $ — | $ — | ||||||
Long Futures Contracts | $ 42,145 | $ — | $ — |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Financial Instrument Type | Level 1 | Level 2 | Level 3 | ||||
ON BlackRock Advantage Large Cap Value | Common Stocks*** | $ 309,117,970 | $ — | $ — | ||||
Money Market Funds | 4,765,964 | — | — | |||||
$ 313,883,934 | $ — | $ — | ||||||
Long Futures Contracts | $ 51,862 | $ — | $ — | |||||
ON Federated High Income Bond | Corporate Bonds*** | $ — | $171,195,444 | $ — | ||||
Common Stocks*** | 643,625 | 557,542 | — | |||||
Warrants*** | 96,365 | — | — | |||||
Money Market Funds | 2,268,913 | — | — | |||||
$ 3,008,903 | $171,752,986 | $ — | ||||||
ON Nasdaq-100® Index | Common Stocks*** | $ 395,504,827 | $ — | $ — | ||||
Long Futures Contracts | $ 25,791 | $ — | $ — | |||||
ON BlackRock Advantage Large Cap Core | Common Stocks*** | $ 430,052,776 | $ — | $ — | ||||
Money Market Funds | 5,425,525 | — | — | |||||
$ 435,478,301 | $ — | $ — | ||||||
Long Futures Contracts | $ 69,368 | $ — | $ — | |||||
ON BlackRock Advantage Small Cap Growth | Common Stocks*** | $ 204,781,395 | $ — | $ — | ||||
Rights*** | — | 13,991 | — | |||||
Money Market Funds | 1,803,583 | — | — | |||||
$ 206,584,978 | $ 13,991 | $ — | ||||||
Long Futures Contracts | $ 1,547 | $ — | $ — | |||||
ON S&P MidCap 400® Index | Common Stocks*** | $ 429,634,222 | $ — | $ — | ||||
Money Market Funds | 3,645,700 | — | — | |||||
$ 433,279,922 | $ — | $ — | ||||||
Long Futures Contracts | $ (44,147) | $ — | $ — | |||||
ON BlackRock Advantage Large Cap Growth | Common Stocks*** | $ 120,291,443 | $ — | $ — | ||||
Money Market Funds | 1,478,337 | — | — | |||||
$ 121,769,780 | $ — | $ — | ||||||
Long Futures Contracts | $ 24,718 | $ — | $ — |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Financial Instrument Type | Level 1 | Level 2 | Level 3 | ||||
ON Risk Managed Balanced | Common Stocks*** | $ 227,624,846 | $ — | $ — | ||||
Corporate Bonds*** | — | 69,710,143 | — | |||||
Purchased Options | 10,785,888 | 37,295,480 | — | |||||
U.S. Treasury Obligations | — | 44,542,511 | — | |||||
Asset-Backed / Mortgage-Backed Securities*** | — | 27,567,473 | — | |||||
U.S. Government Agency Mortgage-Backed Securities | — | 9,718,693 | — | |||||
Exchange Traded Funds | 8,636,539 | — | — | |||||
Preferred Securities*** | — | 3,750,906 | — | |||||
Sovereign Issues | — | 3,238,622 | — | |||||
Municipal Bonds | — | 483,389 | — | |||||
Money Market Funds | 12,714,333 | — | — | |||||
$ 259,761,606 | $196,307,217 | $ — | ||||||
Long Futures Contracts | $ 1,531,381 | $ — | $ — | |||||
Short Futures Contracts | $ (368,373) | $ — | $ — | |||||
ON Federated Core Plus Bond | Corporate Bonds*** | $ — | $313,162,943 | $ — | ||||
U.S. Treasury Obligations | — | 190,231,926 | — | |||||
U.S. Government Agency Mortgage-Backed Securities | — | 127,635,325 | — | |||||
Investment Companies | 67,769,533 | — | — | |||||
Asset-Backed / Mortgage-Backed Securities*** | — | 11,271,943 | — | |||||
Sovereign Issues | — | 4,926,845 | — | |||||
U.S. Government Agency Issues | — | 980,047 | — | |||||
Money Market Funds | 109,260,173 | — | — | |||||
$ 177,029,706 | $648,209,029 | $ — | ||||||
Long Futures Contracts | $ (23,630) | $ — | $ — | |||||
Short Futures Contracts | $ (469,847) | $ — | $ — | |||||
ON Janus Henderson U.S. Low Volatility | Common Stocks*** | $ 982,272,999 | $ — | $ — | ||||
Money Market Funds | 850,183 | — | — | |||||
$ 983,123,182 | $ — | $ — | ||||||
ON iShares Managed Risk Balanced | Exchange Traded Funds | $ 380,935,604 | $ — | $ — | ||||
Money Market Funds | 34,552,326 | — | — | |||||
$ 415,487,930 | $ — | $ — | ||||||
Long Futures Contracts | $ (572,173) | $ — | $ — | |||||
Short Futures Contracts | $ (124,484) | $ — | $ — | |||||
ON Moderately Conservative Model | Open-End Mutual Funds | $ 293,551,266 | $ — | $ — | ||||
ON Balanced Model | Open-End Mutual Funds | $1,128,572,115 | $ — | $ — | ||||
ON Moderate Growth Model | Open-End Mutual Funds | $2,009,537,811 | $ — | $ — | ||||
ON Growth Model | Open-End Mutual Funds | $ 454,075,025 | $ — | $ — |
*** | For detailed industry descriptions, see the accompanying Schedules of Investments. |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON Bond |
0.60% of first $100 million |
0.50% of next $150 million |
0.45% of next $250 million |
0.40% of next $500 million |
0.30% of next $1 billion |
0.25% over $2 billion |
ON BlackRock Balanced Allocation |
0.58% of first $100 million |
0.50% of next $150 million |
0.45% of next $250 million |
0.40% of next $500 million |
0.30% of next $1 billion |
0.25% over $2 billion |
ON BlackRock Advantage International Equity |
0.72% of first $200 million |
0.70% of next $800 million |
0.66% over $1 billion |
ON Janus Henderson Forty |
0.73% of first $100 million |
0.68% of next $400 million |
0.63% over $500 million |
ON AB Small Cap1 |
0.73% of first $400 million |
0.675% of next $200 million |
0.63% over $600 million |
ON ON AB Mid Cap Core1 |
0.715% of first $100 million |
0.71% of next $200 million |
0.69% of next $200 million |
0.66% over $500 million |
ON S&P 500® Index |
0.40% of first $100 million |
0.35% of next $150 million |
0.33% over $250 million |
ON BlackRock Advantage Large Cap Value |
0.67% of first $500 million |
0.65% over $500 million |
ON Federated High Income Bond |
0.75% of first $75 million |
0.70% of next $75 million |
0.65% of next $75 million |
0.60% over $225 million |
ON Nasdaq-100® Index |
0.40% of first $100 million |
0.35% of next $150 million |
0.33% over $250 million |
ON BlackRock Advantage Large Cap Core |
0.64% of first $500 million |
0.62% over $500 million |
ON BlackRock Advantage Small Cap Growth |
0.78% of first $100 million |
0.75% of next $400 million |
0.70% over $500 million |
ON S&P MidCap 400® Index |
0.40% of first $100 million |
0.35% of next $150 million |
0.33% over $250 million |
ON BlackRock Advantage Large Cap Growth |
0.66% of first $500 million |
0.64% over $500 million |
ON Risk Managed Balanced |
0.88% of first $500 million |
0.74% of next $1.3 billion |
0.72% over $1.8 billion |
ON Federated Core Plus Bond |
0.56% of first $100 million |
0.54% of next $150 million |
0.50% of next $150 million |
0.45% of next $350 million |
0.43% over $750 million |
ON Janus Henderson U.S. Low Volatility |
0.60% of first $500 million |
0.58% over $500 million |
ON iShares Managed Risk Balanced |
0.58% of first $1.5 billion |
0.55% over $1.5 billion |
ON Model Portfolios |
0.40% of all net assets |
1 | At a meeting held on February 16-17, 2021, the Board, including a majority of the Directors who are not “interested persons” of the Fund (the "Independent Directors"), approved the replacement of the sub-adviser to the Portfolios. |
Effective May 1, 2021, AllianceBernstein, L.P. (“AB”) replaced the Portfolios' previous sub-adviser, Janus Capital Management, LLC ("Janus"). In connection with this change in sub-adviser, the Board approved a revision to the Portfolios' advisory fee breakpoint schedule, also effective May 1, 2021. Previously, the advisory fee breakpoints, based on of the Portfolios' daily net assets were as follows: |
ON AB Small Cap | ON AB Mid Cap Core | |
0.80% of first $150 million | 0.85% of first $100 million | |
0.75% of next $150 million | 0.80% of next $100 million | |
0.70% of next $300 million | 0.75% of next $300 million | |
0.65% over $600 million | 0.70% over $500 million |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON BlackRock Advantage International Equity (BlackRock) |
0.32% of first $200 million |
0.30% over $200 million |
ON Janus Henderson Forty (Janus) |
0.40% of first $100 million |
0.35% of next $400 million |
0.30% over $500 million |
ON AB Small Cap (AB)2 |
0.32% of first $400 million |
0.29% of next $200 million |
0.255% over $600 million |
ON AB Mid Cap Core (AB)2 |
0.28% of first $100 million |
0.27% of next $200 million |
0.265% of next $200 million |
0.26% over $500 million |
ON S&P 500® Index (Geode)3 |
0.01% of all net assets |
ON Federated High Income Bond (Federated) |
0.50% of first $30 million |
0.40% of next $20 million |
0.30% of next $25 million |
0.25% over $75 million |
ON Nasdaq-100® Index (Geode)3 |
0.05% of first $100 million |
0.04% of next $150 million |
0.03% over $250 million |
ON BlackRock Advantage Small Cap Growth (BlackRock) |
0.40% of first $250 million |
0.35% over $250 million |
ON S&P MidCap 400® Index (Geode)3 |
0.039% of first $100 million |
0.038% of next $150 million |
0.037% of next $250 million |
0.036% of next $500 million |
0.035% over $1 billion |
ON Risk Managed Balanced (AB) |
0.50% of first $400 million |
0.40% of next $800 million |
0.30% over $1.2 billion |
ON Federated Core Plus Bond (Federated) |
0.18% of first $100 million |
0.15% of next $150 million |
0.12% of next $150 million |
0.10% of next $350 million |
0.08% over $750 million |
ON Janus Henderson U.S. Low Volatility (Janus) |
0.15% of all net assets |
ON iShares Managed Risk Balaced (BlackRock) |
0.20% of first $1.5 billion |
0.18% over $1.5 billion |
2 | Effective May 1, 2021, AB replaced the Portfolios' previous sub-adviser, Janus. In conjunction with the change in sub-adviser, the Board approved a revision to the sub-advisory fee schedules shown above. Previously, the sub-advisory fee breakpoints, based on the Portfolios' daily net assets, were: |
ON AB Small Cap | ON AB Mid Cap Core | |
0.55% of first $150 million | 0.60% of first $100 million | |
0.45% over $150 million | 0.55% of next $100 million | |
0.50% over $200 million |
3 | The sub-advisory fees for the three Portfolios sub-advised by Geode could be impacted by an agreed-upon minimum aggregate per annum fee of $150,000. For the six-month period ended June 30, 2021, the minimum aggregate fee had no impact on the sub-advisory fees that were calculated based on the breakpoint schedule indicated above. |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Portfolio | May 1, 2021 to April 30, 2022 | May 1, 2020 to April 30, 2021 | May 1, 2019 to April 30, 2020 | |||
ON Moderately Conservative Model | 1.00% | 1.00% | 1.00% | |||
ON Balanced Model | 1.00% | 1.00% | 1.00% | |||
ON Moderate Growth Model | 1.07% | 1.07% | 1.07% | |||
ON Growth Model | 1.14% | 1.14% | 1.14% |
Portfolio | Six-Month Period Ended June 30, 2021 | Year Ended December 31, 2020 | ||
ON Moderately Conservative Model | $ 64,732 | $162,366 | ||
ON Balanced Model | 137,994 | 416,068 | ||
ON Moderate Growth Model | — | 163,559 | ||
ON Growth Model | — | 55,388 |
Portfolio | Expires April 30, 2022 | Expires April 30, 2023 | Expires April 30, 2024 | Total | ||||
ON Moderately Conservative Model | $376,793 | $198,007 | $178,135 | $ 752,935 | ||||
ON Balanced Model | 926,926 | 656,506 | 380,376 | 1,963,808 | ||||
ON Growth Model | 44,527 | 55,388 | — | 99,915 |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Unaffiliated Funds | Replacement Ohio National Fund Portfolios | |
Federated Hermes Managed Volatility Fund II (Primary Shares and Service Shares) | ON iShares Managed Risk Balanced Portfolio | |
Janus Henderson VIT U.S. Low Volatility Portfolio (Service Shares) | ON Janus Henderson U.S. Low Volatility Portfolio | |
Morgan Stanley VIF Core Plus Fixed Income Portfolio (Class II) | ON Federated Core Plus Bond Portfolio | |
PIMCO Total Return Portfolio (Administrative Share Class) | ON Federated Core Plus Bond Portfolio |
Portfolio | Expense Limitation | |
ON Federated Core Plus Bond | 0.86% | |
ON Janus Henderson U.S. Low Volatility | 0.82% | |
ON iShares Managed Risk Balanced Portfolio | 0.96% |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON Bond | ON BlackRock Balanced Allocation | ON BlackRock Advantage International Equity | |||||||||
Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 1,066,261 | 3,025,583 | 408,908 | 1,428,525 | 541,316 | 2,995,446 | |||||
Capital shares issued in reorganizations | — | — | — | — | — | 2,973,410 | |||||
Capital shares issued on reinvested distributions | — | 97,007 | — | 95,038 | — | 189,376 | |||||
Capital shares redeemed | (1,318,660) | (4,141,734) | (1,351,827) | (3,873,512) | (3,087,534) | (6,075,879) | |||||
Net increase (decrease) | (252,399) | (1,019,144) | (942,919) | (2,349,949) | (2,546,218) | 82,353 |
ON Janus Henderson Forty | ON AB Small Cap | ON AB Mid Cap Core | |||||||||
Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 103,489 | 409,782 | 156,977 | 868,308 | 25,509 | 183,549 | |||||
Capital shares issued on reinvested distributions | — | 138,883 | — | 96,662 | — | 30,674 | |||||
Capital shares redeemed | (673,063) | (2,310,411) | (484,127) | (1,903,112) | (242,177) | (563,927) | |||||
Net increase (decrease) | (569,574) | (1,761,746) | (327,150) | (938,142) | (216,668) | (349,704) |
ON S&P 500® Index | ON BlackRock Advantage Large Cap Value | ON Federated High Income Bond | |||||||||
Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 916,510 | 2,755,108 | 324,634 | 1,839,033 | 317,777 | 845,753 | |||||
Capital shares issued on reinvested distributions | — | 473,954 | — | 274,451 | — | 128,465 | |||||
Capital shares redeemed | (3,966,794) | (7,623,506) | (2,619,645) | (2,671,144) | (567,751) | (2,467,416) | |||||
Net increase (decrease) | (3,050,284) | (4,394,444) | (2,295,011) | (557,660) | (249,974) | (1,493,198) |
ON Nasdaq-100® Index | ON BlackRock Advantage Large Cap Core | ON BlackRock Advantage Small Cap Growth | |||||||||
Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 959,065 | 2,394,007 | 101,617 | 418,930 | 187,140 | 554,312 | |||||
Capital shares issued on reinvested distributions | — | 686,296 | — | 21,289 | — | 72,354 | |||||
Capital shares redeemed | (2,183,510) | (7,238,843) | (1,240,488) | (2,683,509) | (668,227) | (2,115,320) | |||||
Net increase (decrease) | (1,224,445) | (4,158,540) | (1,138,871) | (2,243,290) | (481,087) | (1,488,654) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON S&P MidCap 400® Index | ON BlackRock Advantage Large Cap Growth | ON Risk Managed Balanced | |||||||||
Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 545,727 | 3,398,152 | 42,417 | 187,147 | 1,560,502 | 3,554,679 | |||||
Capital shares issued on reinvested distributions | — | 117,498 | — | 48,229 | — | 643,174 | |||||
Capital shares redeemed | (3,053,903) | (7,203,988) | (388,864) | (1,132,110) | (2,609,563) | (6,273,202) | |||||
Net increase (decrease) | (2,508,176) | (3,688,338) | (346,447) | (896,734) | (1,049,061) | (2,075,349) |
ON Federated Core Plus Bond | ON Janus Henderson U.S. Low Volatility | ON iShares Managed Risk Balanced | ON Moderately Conservative Model | ||||||||
Six-Month Period Ended | Period from May 1, 2020 (inception) to | Period from June 25, 2021 (inception) to | Period from June 25, 2021 (inception) to | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | June 30, 2021 (Unaudited) | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 48,390,139 | 23,758,028 | 15,679 | 42,525,498 | 846,276 | 1,195,040 | |||||
Capital shares issued in reorganizations | — | — | — | — | — | 6,350,022 | |||||
Capital shares issued as a result of in-kind transfer (see Note 3 of Notes to Financial Statements) | — | — | 98,371,408 | — | — | — | |||||
Capital shares redeemed | (498,594) | (846,228) | (448,076) | (74,684) | (2,750,673) | (3,232,252) | |||||
Net increase (decrease) | 47,891,545 | 22,911,800 | 97,939,011 | 42,450,814 | (1,904,397) | 4,312,810 |
ON Balanced Model | ON Moderate Growth Model | ON Growth Model | |||||||||
Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | Six-Month Period Ended | Year Ended | ||||||
June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | June 30, 2021 (Unaudited) | December 31, 2020 | ||||||
Capital shares issued on sales | 898,787 | 3,569,104 | 1,122,855 | 1,938,457 | 229,080 | 625,756 | |||||
Capital shares redeemed | (6,995,730) | (13,888,420) | (13,224,230) | (22,860,477) | (2,925,632) | (5,689,737) | |||||
Net increase (decrease) | (6,096,943) | (10,319,316) | (12,101,375) | (20,922,020) | (2,696,552) | (5,063,981) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON Bond | ON BlackRock Balanced Allocation | ON BlackRock Advantage International Equity | ON Janus Henderson Forty | ON AB Small Cap | |||||
Cost of purchases | $15,566,757 | $276,682,678 | $548,606,189 | $33,341,164 | $192,804,741 | ||||
Proceeds from sales | $11,877,011 | $311,612,847 | $604,913,184 | $50,034,330 | $211,006,197 |
ON AB Mid Cap Core | ON S&P 500® Index | ON BlackRock Advantage Large Cap Value | ON Federated High Income Bond | ON Nasdaq-100® Index | |||||
Cost of purchases | $113,087,829 | $ 14,145,916 | $218,924,907 | $36,228,574 | $ 2,652,959 | ||||
Proceeds from sales | $127,512,365 | $136,003,426 | $267,400,923 | $33,417,122 | $37,172,274 |
ON BlackRock Advantage Large Cap Core | ON BlackRock Advantage Small Cap Growth | ON S&P MidCap 400® Index | ON BlackRock Advantage Large Cap Growth | ON Risk Managed Balanced | |||||
Cost of purchases | $278,496,863 | $107,431,626 | $ 37,050,947 | $84,358,229 | $ 84,556,506 | ||||
Proceeds from sales | $312,537,266 | $132,674,108 | $110,530,625 | $92,470,080 | $106,463,410 |
ON Federated Core Plus Bond | ON Janus Henderson U.S. Low Volatility1 | ON iShares Managed Risk Balanced1 | ON Moderately Conservative Model | ON Balanced Model | |||||
Cost of purchases | $385,454,620 | $ — | $380,530,492 | $18,437,210 | $ 22,191,341 | ||||
Proceeds from sales | $ 33,800,011 | $ — | $ — | $42,365,571 | $102,989,336 |
ON Moderate Growth Model | ON Growth Model | ||
Cost of purchases | $ 41,199,138 | $10,941,502 | |
Proceeds from sales | $211,473,231 | $51,921,852 |
1 | Period from June 25, 2021 (inception) to June 30, 2021 |
ON Bond | ON BlackRock Balanced Allocation | ON Risk Managed Balanced | ON Federated Core Plus Bond | ||||
Cost of purchases | $8,917,070 | $20,566,133 | $23,194,768 | $158,259,498 | |||
Proceeds from sales | $5,639,395 | $15,366,641 | $15,832,716 | $ 11,718,557 |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Collateral Pledged | Futures Contracts Opened (in millions) | Futures Contracts Closed (in millions) | |||
ON BlackRock Balanced Allocation | Portions of cash holdings | $ 39.4 | $ 45.0 | |||
ON BlackRock Advantage International Equity | Portions of cash holdings | 67.5 | 63.4 | |||
ON AB Mid Cap Core | Portions of cash holdings | 0.8 | 0.8 | |||
ON S&P 500® Index | Portions of cash holdings | 111.5 | 107.3 | |||
ON BlackRock Advantage Large Cap Value | Portions of cash holdings | 59.2 | 63.8 | |||
ON Nasdaq-100® Index | Portions of cash holdings | 39.0 | 37.0 | |||
ON BlackRock Advantage Large Cap Core | Portions of cash holdings | 56.6 | 63.2 | |||
ON BlackRock Advantage Small Cap Growth | Portions of cash holdings | 42.6 | 45.3 | |||
ON S&P MidCap 400® Index | Portions of cash holdings | 55.0 | 54.2 | |||
ON BlackRock Advantage Large Cap Growth | Portions of cash holdings | 13.5 | 15.8 | |||
ON Risk Managed Balanced | Portions of securities | 985.9 | 1,027.2 | |||
ON Federated Core Plus Bond | Portions of securities and cash holdings | 131.4 | 84.9 | |||
ON iShares Managed Risk Balanced(a) | Portions of cash holdings | 84.4 | 7.0 |
Portfolio | Instrument | Primary Risk Type | Value- Asset Derivatives | Value- Liability Derivatives | Location on Statements of Assets and Liabilities | |||||
ON BlackRock Balanced Allocation | Futures contracts | Equity price | $ 5,360,750 | $ 5,298,156 | (1) | |||||
ON BlackRock Advantage International Equity | Futures contracts | Equity price | 10,138,040 | 10,402,585 | (1) | |||||
ON S&P 500® Index | Futures contracts | Equity price | 12,651,370 | 12,609,225 | (1) | |||||
ON BlackRock Advantage Large Cap Value | Futures contracts | Equity price | 4,931,890 | 4,880,028 | (1) | |||||
ON Nasdaq-100® Index | Futures contracts | Equity price | 4,073,720 | 4,047,929 | (1) | |||||
ON BlackRock Advantage Large Cap Core | Futures contracts | Equity price | 6,004,040 | 5,934,672 | (1) | |||||
ON BlackRock Advantage Small Cap Growth | Futures contracts | Equity price | 2,769,360 | 2,767,813 | (1) | |||||
ON S&P MidCap 400® Index | Futures contracts | Equity price | 4,038,600 | 4,082,747 | (1) | |||||
ON BlackRock Advantage Large Cap Growth | Futures contracts | Equity price | 1,163,920 | 1,139,202 | (1) | |||||
ON Risk Managed Balanced | Futures contracts | Equity price | 17,594,866 | 17,797,690 | (1) | |||||
Futures contracts | Interest rate | 286,326,304 | 284,960,472 | (1) | ||||||
�� | Purchased options | Equity price | 48,081,368 | — | (2) |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Instrument | Primary Risk Type | Value- Asset Derivatives | Value- Liability Derivatives | Location on Statements of Assets and Liabilities | |||||
ON Federated Core Plus Bond | Futures contracts | Interest rate | $59,215,590 | $59,709,067 | (1) | |||||
ON iShares Managed Risk Balanced(a) | Futures contracts | Equity price | 55,412,774 | 55,874,615 | (1) | |||||
Futures contracts | Interest rate | 7,390,329 | 7,514,813 | (1) | ||||||
Futures contracts | Foreign currency | 13,793,063 | 13,903,395 | (1) |
(a) | Period from June 25, 2021 (inception) to June 30, 2021 |
(1) | Total distributable earnings. The amounts represent the cumulative appreciation (depreciation) of these futures contracts as reported in the Statements of Assets and Liabilities. Only the current day’s variation margin, if any, is reported within the Statements of Assets and Liabilities as receivable (payable) for variation margin on futures contracts. Each Portfolio's Schedule of Open Futures Contracts details the values by futures contract type. |
(2) | Investments in securities of unaffiliated issuers, at value. |
Portfolio | Instrument | Primary Risk Type | Realized Gain (Loss) on Derivatives Recognized in Income | Change in Unrealized Appreciation/ Depreciation on Derivatives Recognized in Income | Location on Statements of Operations | |||||
ON BlackRock Balanced Allocation | Futures contracts | Equity price | $ 1,763,578 | $ (253,691) | (1),(2) | |||||
ON BlackRock Advantage International Equity | Futures contracts | Equity price | 1,105,584 | (327,138) | (1),(2) | |||||
ON AB Mid Cap Core | Futures contracts | Equity price | (2,656) | — | (1),(2) | |||||
ON S&P 500® Index | Futures contracts | Equity price | 1,145,979 | (84,304) | (1),(2) | |||||
ON BlackRock Advantage Large Cap Value | Futures contracts | Equity price | 1,432,195 | (210,562) | (1),(2) | |||||
ON Nasdaq-100® Index | Futures contracts | Equity price | 680,069 | 15,712 | (1),(2) | |||||
ON BlackRock Advantage Large Cap Core | Futures contracts | Equity price | 1,784,281 | (284,063) | (1),(2) | |||||
ON BlackRock Advantage Small Cap Growth | Futures contracts | Equity price | 891,718 | (81,162) | (1),(2) | |||||
ON S&P MidCap 400® Index | Futures contracts | Equity price | 744,492 | (71,599) | (1),(2) | |||||
ON BlackRock Advantage Large Cap Growth | Futures contracts | Equity price | 453,164 | (78,737) | (1),(2) | |||||
ON Risk Managed Balanced | Futures contracts | Equity price | (1,456,173) | (653,082) | (1),(2) | |||||
Futures contracts | Interest rate | (6,191,384) | 1,185,691 | (1),(2) | ||||||
Purchased options | Equity price | 5,532,770 | 1,912,135 | (3),(4) | ||||||
ON Federated Core Plus Bond | Futures contracts | Interest rate | 634,398 | (533,675) | (1),(2) | |||||
ON iShares Managed Risk Balanced(a) | Futures contracts | Equity price | (4,169) | (461,841) | (1),(2) | |||||
Futures contracts | Interest rate | — | (124,484) | (1),(2) | ||||||
Futures contracts | Foreign currency | — | (110,332) | (1),(2) |
(a) | Period from June 25, 2021 (inception) to June 30, 2021 |
(1) | Net realized gain (loss) on futures contracts. |
(2) | Change in unrealized appreciation/depreciation on futures contracts. |
(3) | Net realized gain (loss) on investments in securities of unaffiliated issuers. |
(4) | Change in unrealized appreciation/depreciation on investments in securities of unaffiliated issuers. |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON Bond | ON BlackRock Balanced Allocation | ON BlackRock Advantage International Equity | ON Janus Henderson Forty | ON AB Small Cap | ON AB Mid Cap Core | ||||||
Gross unrealized: | |||||||||||
Appreciation | $ 22,968,119 | $ 73,853,933 | $ 47,468,722 | $ 89,211,526 | $ 15,127,405 | $ 6,300,049 | |||||
Depreciation | (876,556) | (5,699,699) | (20,221,029) | (1,169,353) | (6,494,246) | (3,707,378) | |||||
Net unrealized appreciation | $ 22,091,563 | $ 68,154,234 | $ 27,247,693 | $ 88,042,173 | $ 8,633,159 | $ 2,592,671 | |||||
Aggregate cost of investments: | $262,119,117 | $478,937,033 | $473,747,107 | $123,006,677 | $169,584,863 | $104,789,118 |
ON S&P 500® Index | ON BlackRock Advantage Large Cap Value | ON Federated High Income Bond | ON Nasdaq-100® Index | ON BlackRock Advantage Large Cap Core | ON BlackRock Advantage Small Cap Growth | ||||||
Gross unrealized: | |||||||||||
Appreciation | $533,391,202 | $ 35,635,419 | $ 7,878,320 | $191,252,928 | $ 74,640,729 | $ 41,431,962 | |||||
Depreciation | (32,312,203) | (7,027,997) | (2,176,149) | (2,374,627) | (5,999,668) | (8,447,494) | |||||
Net unrealized appreciation | $501,078,999 | $ 28,607,422 | $ 5,702,171 | $188,878,301 | $ 68,641,061 | $ 32,984,468 | |||||
Aggregate cost of investments: | $774,425,661 | $285,328,374 | $169,059,718 | $206,652,317 | $366,906,608 | $173,616,048 |
ON S&P MidCap 400® Index | ON BlackRock Advantage Large Cap Growth | ON Risk Managed Balanced | ON Federated Core Plus Bond | ON Janus Henderson U.S. Low Volatility | ON iShares Managed Risk Balanced | ||||||
Gross unrealized: | |||||||||||
Appreciation | $122,470,763 | $25,746,869 | $109,478,370 | $ 5,665,720 | $ 6,241,844 | $414,791,273 | |||||
Depreciation | (20,915,565) | (753,799) | (22,059,938) | (2,883,841) | (4,231,146) | — | |||||
Net unrealized appreciation | $101,555,198 | $24,993,070 | $ 87,418,432 | $ 2,781,879 | $ 2,010,698 | $414,791,273 | |||||
Aggregate cost of investments: | $331,680,577 | $96,801,428 | $369,813,400 | $821,963,379 | $981,112,484 | $415,082,818 |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
ON Moderately Conservative Model | ON Balanced Model | ON Moderate Growth Model | ON Growth Model | ||||
Gross unrealized: | |||||||
Appreciation | $ 40,658,748 | $225,859,589 | $ 496,097,346 | $128,902,538 | |||
Depreciation | (8,756,832) | (42,289,966) | (112,371,540) | (29,014,079) | |||
Net unrealized appreciation | $ 31,901,916 | $183,569,623 | $ 383,725,806 | $ 99,888,459 | |||
Aggregate cost of investments: | $261,649,350 | $945,002,492 | $1,625,812,005 | $354,186,566 |
Notes to Financial Statements (Continued) | June 30, 2021 (Unaudited) |
Additional Information | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Beginning Investment Value 1/1/2021 | Ending Investment Value 6/30/2021 | Expenses Paid During Period* 1/1/2021 – 6/30/2021 | Expense Ratio During Period 1/1/2021 – 6/30/2021 (Annualized) | ||||
ON Bond | $1,000.00 | $ 987.50 | $2.91 | 0.59% | ||||
ON BlackRock Balanced Allocation | $1,000.00 | $1,102.80 | $2.82 | 0.54% | ||||
ON BlackRock Advantage International Equity | $1,000.00 | $1,102.60 | $4.64 | 0.89% | ||||
ON Janus Henderson Forty | $1,000.00 | $1,130.10 | $4.07 | 0.77% | ||||
ON AB Small Cap | $1,000.00 | $1,056.40 | $4.44 | 0.87% | ||||
ON AB Mid Cap Core | $1,000.00 | $1,106.70 | $4.81 | 0.92% | ||||
ON S&P 500® Index | $1,000.00 | $1,150.60 | $2.03 | 0.38% | ||||
ON BlackRock Advantage Large Cap Value | $1,000.00 | $1,168.30 | $3.98 | 0.74% | ||||
ON Federated High Income Bond | $1,000.00 | $1,038.30 | $4.14 | 0.82% | ||||
ON Nasdaq-100® Index | $1,000.00 | $1,131.40 | $2.17 | 0.41% | ||||
ON BlackRock Advantage Large Cap Core | $1,000.00 | $1,153.10 | $3.68 | 0.69% | ||||
ON BlackRock Advantage Small Cap Growth | $1,000.00 | $1,090.40 | $4.41 | 0.85% | ||||
ON S&P MidCap 400® Index | $1,000.00 | $1,173.30 | $2.26 | 0.42% | ||||
ON BlackRock Advantage Large Cap Growth | $1,000.00 | $1,134.20 | $4.07 | 0.77% | ||||
ON Risk Managed Balanced | $1,000.00 | $1,066.40 | $4.87 | 0.95% | ||||
ON Federated Core Plus Bond | $1,000.00 | $ 988.50 | $3.16 | 0.64% | ||||
ON Janus Henderson U.S. Low Volatility | $1,000.00 | $1,002.00 | $0.10 | 0.02% | ||||
ON iShares Managed Risk Balanced | $1,000.00 | $ 999.00 | $0.10 | 0.02% | ||||
ON Moderately Conservative Model | $1,000.00 | $1,050.50 | $2.08 | 0.41% | ||||
ON Balanced Model | $1,000.00 | $1,075.80 | $2.11 | 0.41% | ||||
ON Moderate Growth Model | $1,000.00 | $1,101.00 | $2.19 | 0.42% | ||||
ON Growth Model | $1,000.00 | $1,121.40 | $2.58 | 0.49% |
Additional Information (Continued) | June 30, 2021 (Unaudited) |
Portfolio | Beginning Investment Value 1/1/2021 | Ending Investment Value 6/30/2021 | Expenses Paid During Period* 1/1/2021 – 6/30/2021 | Expense Ratio During Period 1/1/2021 – 6/30/2021 (Annualized) | ||||
ON Bond | $1,000.00 | $1,021.87 | $2.96 | 0.59% | ||||
ON BlackRock Balanced Allocation | $1,000.00 | $1,022.12 | $2.71 | 0.54% | ||||
ON BlackRock Advantage International Equity | $1,000.00 | $1,020.38 | $4.46 | 0.89% | ||||
ON Janus Henderson Forty | $1,000.00 | $1,020.98 | $3.86 | 0.77% | ||||
ON AB Small Cap | $1,000.00 | $1,020.48 | $4.36 | 0.87% | ||||
ON AB Mid Cap Core | $1,000.00 | $1,020.23 | $4.61 | 0.92% | ||||
ON S&P 500® Index | $1,000.00 | $1,022.91 | $1.91 | 0.38% | ||||
ON BlackRock Advantage Large Cap Value | $1,000.00 | $1,021.12 | $3.71 | 0.74% | ||||
ON Federated High Income Bond | $1,000.00 | $1,020.73 | $4.11 | 0.82% | ||||
ON Nasdaq-100® Index | $1,000.00 | $1,022.76 | $2.06 | 0.41% | ||||
ON BlackRock Advantage Large Cap Core | $1,000.00 | $1,021.37 | $3.46 | 0.69% | ||||
ON BlackRock Advantage Small Cap Growth | $1,000.00 | $1,020.58 | $4.26 | 0.85% | ||||
ON S&P MidCap 400® Index | $1,000.00 | $1,022.71 | $2.11 | 0.42% | ||||
ON BlackRock Advantage Large Cap Growth | $1,000.00 | $1,020.98 | $3.86 | 0.77% | ||||
ON Risk Managed Balanced | $1,000.00 | $1,020.08 | $4.76 | 0.95% | ||||
ON Federated Core Plus Bond | $1,000.00 | $1,021.62 | $3.21 | 0.64% | ||||
ON Janus Henderson U.S. Low Volatility | $1,000.00 | $1,024.70 | $0.10 | 0.02% | ||||
ON iShares Managed Risk Balanced | $1,000.00 | $1,024.70 | $0.10 | 0.02% | ||||
ON Moderately Conservative Model | $1,000.00 | $1,022.76 | $2.06 | 0.41% | ||||
ON Balanced Model | $1,000.00 | $1,022.76 | $2.06 | 0.41% | ||||
ON Moderate Growth Model | $1,000.00 | $1,022.71 | $2.11 | 0.42% | ||||
ON Growth Model | $1,000.00 | $1,022.36 | $2.46 | 0.49% |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year (181 days) divided by the number of days in the fiscal year (366 days). Please note that the expenses shown in these tables are meant to highlight ongoing Fund costs only and do not reflect any contract-level expenses or Fund transactional costs, such as sales charges (loads) or exchange fees (if any). Therefore, these tables are useful in comparing ongoing fund costs only, and will not fully assist a policy/contract owner in determining the relative total expenses of different funds. In addition, if transactional costs were included, costs may have been higher for these Portfolios as well as for a fund being compared. |
Information about Directors and Officers | June 30, 2021 (Unaudited) |
Name and Address | Age | Position(s) with the Fund | Term of Office and Length of Time Served | Number of Portfolios in the Fund to be Overseen by Director | Principal Occupation(s) During Past Five Years and Other Directorships | |||||
Independent Directors | ||||||||||
George M. Vredeveld One Financial Way Cincinnati, Ohio | 78 | Director, Member of Audit and Independent Directors Committees | Indefinite; Since March 1996 | 22 | Professor Emeritus, Finance: University of Cincinnati (January 2014 - Present); Honorary Consul; Republic of Bulgaria (2019 - Present); Alpaugh Professor of Economics: Lindner College of Business, University of Cincinnati (2004 - 2013); Founder/President: Economics Center at the University of Cincinnati (1977 - 2012). | |||||
Madeleine W. Ludlow One Financial Way Cincinnati, Ohio | 66 | Director, Chairman of Audit Committee and Member of Independent Directors Committee | Indefinite; Since April 2012 | 22 | Founder/Managing Director: West Capital Partners LLC (2010 - Present), General Partner: H Ventures LLC (2020 - Present); Director: ALLETE, Inc. | |||||
Geoffrey Keenan One Financial Way Cincinnati, Ohio | 62 | Chairman (through June 30, 2021) and Director, Member of Audit and Independent Directors Committees | Indefinite; Since January 2015 | 22 | Executive Vice President - Asset Management Operations: Acrisure LLC (May 2021 - Present); Executive Vice President and Chief Operating Officer: Gateway Investment Advisers, LLC (1995 - 2013). | |||||
Lawrence L. Grypp One Financial Way Cincinnati, Ohio | 72 | Director, Member of Audit and Independent Directors Committees, Lead Independent Director, effective July 1, 2021 | Indefinite; Since December 2016 | 22 | Senior Business Advisor and Board Member (January 2018 - Present); President: Goering Center for Family and Private Business (August 2008 - December 2017). | |||||
Interested Director | ||||||||||
Christopher A. Carlson One Financial Way Cincinnati, Ohio | 61 | Director, Chairman, effective July 1, 2021 | Indefinite; Since July 2020 | 22 | President/Vice Chairman and other positions: Ohio National Financial Services and subsidiaries (June 1993 - December 2018); President: Ohio National Fund, Inc. (March 2010 - May 2016). | |||||
Officers | ||||||||||
Tara York One Financial Way Cincinnati, Ohio | 32 | President | Indefinite; Since May 2021 | Vice President; Annuity Funds Complex and Product Management: ONLIC (May 2021 - Present); Second VP, Head of Investment Manager Research: ONLIC (July 2020 – April 2021); Director, Senior Investment Analyst: ONLIC (July 2019 – June 2020); Senior Investment Analyst: ONLIC (August 2018 – June 2019); Fund Evaluation Analyst: ONLIC (May 2017 – August 2018); Client Portfolio Manager, PNC Institutional Asset Management (September 2013 – May 2017) | ||||||
Paul J. Gerard One Financial Way Cincinnati, Ohio | 61 | Vice President | Indefinite; Since March 2016 | Senior Vice President and Chief Investment Officer: ONLIC and NSLA (January 2016 - Present). |
Information about Directors and Officers (Continued) | June 30, 2021 (Unaudited) |
Name and Address | Age | Position(s) with the Fund | Term of Office and Length of Time Served | Number of Portfolios in the Fund to be Overseen by Director | Principal Occupation(s) During Past Five Years and Other Directorships | |||||
R. Todd Brockman One Financial Way Cincinnati, Ohio | 52 | Treasurer | Indefinite; Since August 2004 | Vice President, Mutual Fund Operations: ONLIC and NSLA (February 2014 - Present); Treasurer: ONI. | ||||||
Kimberly A. Plante One Financial Way Cincinnati, Ohio | 47 | Secretary | Indefinite; Since March 2005 | Vice President and Counsel: ONLIC (November 2017 - Present); Second Vice President and Counsel: ONLIC (January 2016 - November 2017); Senior Associate Counsel: ONLIC (January 2011 - January 2016); Secretary: ONI; Officer of various other Ohio National-affiliated companies. | ||||||
Keith Dwyer One Financial Way Cincinnati, Ohio | 48 | Chief Compliance Officer | Indefinite; Since August 2016 | Second Vice President, Fund Compliance: ONLIC (August 2016 - Present); Director, Fund Compliance: ONLIC (January 2015 - August 2016); Administrator, Fund Compliance: ONLIC (January 2014 - January 2015); Chief Compliance Officer: ONI and other Ohio National-affiliated companies (August 2016 - present); Chief Compliance Officer: Fiduciary Capital Management ("FCM") (August 2016 - December 2017); Chief Compliance Officer: Suffolk Capital Management, LLC ("Suffolk") (August 2016 - December 2016); Interim Chief Compliance Officer: ONI, Suffolk, FCM and other Ohio National-affiliated companies (November 2015 - August 2016). | ||||||
Daniel P. Leming One Financial Way Cincinnati, Ohio | 36 | Assistant Treasurer | Indefinite; Since March 2016 | Assistant Vice President; Mutual Fund Operations: ONLIC (December 2020 - Present); Director, Fund Operations and Analysis: ONLIC (July 2018 - December 2020); Assistant Director, Fund Operations and Analysis: ONLIC (December 2016 - June 2018); Manager, Fund Operations and Analysis: ONLIC (February 2016 - December 2016) |
(b) Not applicable.
Item 2. Code Of Ethics.
Not applicable for semiannual reports.
Item 3. Audit Committee Financial Expert.
Not applicable for semiannual reports.
Item 4. Principal Accountant Fees And Services.
Not applicable for semiannual reports.
Item 5. Audit Committee Of Listed Registrants.
Not applicable for semiannual reports.
Item 6. Investments.
Not applicable, as the schedules are included as part of the report to shareholders filed under Item 1.
Item 7. Disclosure Of Proxy Voting Policies And Procedures For Closed-End Management Investment Companies.
Not applicable for open-end investment companies.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable for open-end investment companies.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable for open-end investment companies.
Item 10. Submission of Matters to a Vote of Security Holders.
There were no material changes to the procedures by which shareholders may recommend nominees to the Fund’s Board of Directors.
Item 11. Controls and Procedures.
(a) The Fund’s principal executive officer and principal financial officer have concluded, based on their evaluation conducted as of a date within the most recent fiscal half-year of the filing of this report, that the Fund’s disclosure controls and procedures are adequately designed and are operating effectively to ensure (i) that material information relating to the Fund, including its consolidated subsidiaries, is made known to them by others within those entities, particularly during the period in which this report is being prepared; and (ii) that information required to be disclosed by the Fund on Form N-CSR is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
(b) There were no changes in the Fund’s internal control over financial reporting that occurred during the most recent fiscal half-year covered by this report that have materially affected, or are reasonably likely to materially affect, the Fund’s internal control over financial reporting.
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not Applicable.
Item 13. Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Ohio National Fund, Inc. | ||
By: | /s/ Tara York | |
Tara York | ||
President | ||
(Principal Executive Officer) | ||
September 2, 2021 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
Ohio National Fund, Inc. | ||
By | /s/ Tara York | |
Tara York | ||
President | ||
(Principal Executive Officer) | ||
September 2, 2021 | ||
By: | /s/ Todd Brockman | |
R. Todd Brockman | ||
Treasurer | ||
(Principal Financial Officer) | ||
September 2, 2021 |