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s
Schedules of Investments (Item 7)
1
D
i
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i
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d
G
r
o
w
t
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F
u
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d
4
G
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7
S
m
a
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a
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F
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d
1
0
Statements of Assets and Liabilities (Item 7)
1
2
Statements of Operations (Item 7)
1
4
Statements of Changes in Net Assets (Item 7)
1
6
Financial Highlights (Item 7)
2
8
Notes to Financial Statements (Item 7)
4
4
Report of Independent Registered Public Accounting Firm (Item 7)
4
5
Changes in and Disagreements with Accountants (Item 8)
4
5
Proxy Disclosures (Item 9)
4
5
Remuneration Paid to Directors, Officers, and Others (Item 10)
S
e
e
N
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F
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1
Fair
Investments
Shares
Value
Fair
Investments
Shares
Value
L
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1
,
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2
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3
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C
R
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C
9
6
2
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.
6
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4
4
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2
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4
W
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a
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t
,
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c
.
1
,
3
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7
,
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3
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1
2
6
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5
2
5
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1
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3
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s
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P
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3
,
8
6
0
2
4
,
0
8
0
,
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6
7
Electric: Utilities 2.12%
NextEra Energy, Inc. 1,188,465 $ 93,496,542
Electrical Equipment 1.34%
Eaton Corp. PLC
158,059
59,338,510
Financial Services 2.65%
Jack Henry & Associates,
Inc.
76,119
13,410,645
Mastercard, Inc. Class A 194,442
103,625,920
Total
117,036,565
Ground Transportation 1.40%
Old Dominion Freight
Line, Inc.
224,471
50,537,401
Union Pacific Corp.
46,077
11,273,199
Total
61,810,600
Health Care Equipment & Supplies 1.67%
Abbott Laboratories
619,872
73,622,197
Health Care Providers & Services 3.88%
UnitedHealth Group, Inc. 280,813
171,352,093
Hotels, Restaurants & Leisure 1.31%
McDonald’s Corp.
194,796
57,661,564
Information Technology Services 1.47%
Accenture PLC Class A
(Ireland)
(a)
179,816
65,159,924
Insurance 4.16%
Allstate Corp.
194,219
40,279,079
Arthur J Gallagher & Co. 251,746
78,605,171
Chubb Ltd.
(Switzerland)
(a)
224,370
64,782,350
Total
183,666,600
Life Sciences Tools & Services 2.42%
Danaher Corp.
291,568
69,885,934
West Pharmaceutical
Services, Inc.
113,054
36,819,427
Total
106,705,361
S
c
h
e
d
u
l
e
o
f
I
n
v
e
s
t
m
e
n
t
s
DIVIDEND GROWTH FUND
N
o
v
e
m
b
e
r
3
0
,
2
0
2
4