TOEWS HEDGED HIGH YIELD BOND FUND

Ticker: THHYX CUSIP: 66537V617 Class: BOND FUNDS

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (1)

Financial Gravity Asset Management, Inc.
Value ($000) $1 (+1814.8%) Shares 52 (+1633.3%)