UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
_______________
FORM N-Q
_______________
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-01436
CAPSTONE SERIES FUND, INC.
(Exact name of registrant as specified
in charter)
_____________________
3700 W. SAM HOUSTON PARKWAY SOUTH, SUITE
250
HOUSTON, TX 77042
(Address of principal executive offices)
(Zip Code)
Citi Fund Services Ohio, Inc.
3435 Stelzer Road
Columbus, OH 43219
(Name and address of agent for service)
Registrant’s telephone number,
including area code: (800-262-6631)
Date of fiscal year end: April 30
Date of reporting period: January
31, 2014
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
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Shares
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|
Value
|
|
COMMON STOCKS (99.5%)
|
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|
AEROSPACE & DEFENSE (1.9%)
|
|
|
|
|
|
|
|
|
AAR Corp.
|
|
|
5,730
|
|
|
$
|
152,704
|
|
AeroVironment, Inc.
(a)
|
|
|
770
|
|
|
|
22,961
|
|
Alliant Techsystems, Inc.
|
|
|
1,230
|
|
|
|
176,751
|
|
American Science & Engineering, Inc.
|
|
|
290
|
|
|
|
19,833
|
|
BE Aerospace, Inc.
(a)
|
|
|
5,120
|
|
|
|
406,886
|
|
Cubic Corp.
|
|
|
750
|
|
|
|
37,148
|
|
Curtiss-Wright Corp.
|
|
|
2,600
|
|
|
|
159,692
|
|
Engility Holdings, Inc.
(a)
|
|
|
6,260
|
|
|
|
239,821
|
|
Esterline Technologies Corp.
(a)
|
|
|
1,730
|
|
|
|
178,104
|
|
Exelis, Inc.
|
|
|
11,360
|
|
|
|
222,542
|
|
GenCorp, Inc.
(a)
|
|
|
13,120
|
|
|
|
223,302
|
|
Moog, Inc., Class A
(a)
|
|
|
1,660
|
|
|
|
99,700
|
|
Orbital Sciences Corp.
(a)
|
|
|
2,590
|
|
|
|
63,326
|
|
Teledyne Technologies, Inc.
(a)
|
|
|
1,420
|
|
|
|
130,455
|
|
Triumph Group, Inc.
|
|
|
2,790
|
|
|
|
190,892
|
|
|
|
|
|
|
|
|
2,324,117
|
|
|
|
|
|
|
|
|
|
|
AIR FREIGHT & LOGISTICS (0.4%)
|
|
|
|
|
|
|
|
|
Atlas Air Worldwide Holdings
(a)
|
|
|
5,750
|
|
|
|
203,148
|
|
Forward Air Corp.
|
|
|
1,030
|
|
|
|
45,876
|
|
Hub Group, Inc., Class A
(a)
|
|
|
4,150
|
|
|
|
172,018
|
|
UTI Worldwide, Inc.
|
|
|
6,140
|
|
|
|
96,152
|
|
|
|
|
|
|
|
|
517,194
|
|
|
|
|
|
|
|
|
|
|
AIRLINES (0.7%)
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|
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|
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Alaska Air Group, Inc.
|
|
|
3,660
|
|
|
|
289,396
|
|
Allegiant Travel Co.
|
|
|
1,070
|
|
|
|
97,445
|
|
JetBlue Airways Corp.
(a)
|
|
|
28,740
|
|
|
|
251,763
|
|
SkyWest, Inc.
|
|
|
16,030
|
|
|
|
208,550
|
|
|
|
|
|
|
|
|
847,154
|
|
|
|
|
|
|
|
|
|
|
AUTO COMPONENTS (0.8%)
|
|
|
|
|
|
|
|
|
Dorman Products, Inc.
(a)
|
|
|
1,100
|
|
|
|
57,376
|
|
Drew Industries, Inc.
|
|
|
2,500
|
|
|
|
120,225
|
|
Gentex Corp.
|
|
|
7,450
|
|
|
|
241,306
|
|
LKQ Corp.
(a)
|
|
|
13,820
|
|
|
|
374,107
|
|
Spartan Motors, Inc.
|
|
|
18,220
|
|
|
|
104,765
|
|
Standard Motor Products, Inc.
|
|
|
800
|
|
|
|
26,168
|
|
Superior Industries International, Inc.
|
|
|
6,410
|
|
|
|
116,726
|
|
|
|
|
|
|
|
|
1,040,673
|
|
|
|
|
|
|
|
|
|
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AUTOMOBILES (0.2%)
|
|
|
|
|
|
|
|
|
Thor Industries, Inc.
|
|
|
1,580
|
|
|
|
81,165
|
|
Winnebago Industries, Inc.
(a)
|
|
|
5,650
|
|
|
|
135,374
|
|
|
|
|
|
|
|
|
216,539
|
|
|
|
|
|
|
|
|
|
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BIOTECHNOLOGY (0.7%)
|
|
|
|
|
|
|
|
|
Acorda Therapeutics, Inc.
(a)
|
|
|
5,620
|
|
|
|
164,947
|
|
ArQule, Inc.
(a)
|
|
|
13,530
|
|
|
|
30,984
|
|
Emergent BioSolutions, Inc.
(a)
|
|
|
950
|
|
|
|
22,734
|
|
Ligand Pharmaceuticals, Inc., Class - B
(a)
|
|
|
2,730
|
|
|
|
169,096
|
|
Momenta Pharmaceuticals, Inc.
(a)
|
|
|
1,950
|
|
|
|
34,905
|
|
Neogen Corp.
(a)
|
|
|
2,222
|
|
|
|
93,368
|
|
Spectrum Pharmaceuticals, Inc.
(a)
|
|
|
3,020
|
|
|
|
25,398
|
|
United Therapeutics Corp.
(a)
|
|
|
3,310
|
|
|
|
339,672
|
|
|
|
|
|
|
|
|
881,104
|
|
|
|
|
|
|
|
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|
BUILDING PRODUCTS (0.9%)
|
|
|
|
|
|
|
|
|
AAON, Inc.
|
|
|
4,672
|
|
|
|
138,572
|
|
American Woodmark Corp.
(a)
|
|
|
400
|
|
|
|
14,044
|
|
Apogee Enterprises, Inc.
|
|
|
2,280
|
|
|
|
77,064
|
|
Comfort Systems USA, Inc.
|
|
|
1,710
|
|
|
|
29,138
|
|
Eagle Materials, Inc.
|
|
|
2,720
|
|
|
|
214,200
|
|
Griffon Corp.
|
|
|
13,530
|
|
|
|
169,937
|
|
Lennox International, Inc.
|
|
|
1,640
|
|
|
|
141,958
|
|
Quanex Building Products Corp.
|
|
|
3,875
|
|
|
|
73,431
|
|
Simpson Manufacturing Co., Inc.
|
|
|
1,280
|
|
|
|
41,728
|
|
Universal Forest Products, Inc.
|
|
|
3,320
|
|
|
|
174,466
|
|
|
|
|
|
|
|
|
1,074,538
|
|
|
|
|
|
|
|
|
|
|
CAPITAL MARKETS (1.8%)
|
|
|
|
|
|
|
|
|
Apollo Investment Corp.
|
|
|
14,930
|
|
|
|
126,009
|
|
Eaton Vance Corp.
|
|
|
4,360
|
|
|
|
165,985
|
|
Evercore Partners, Inc.
|
|
|
2,860
|
|
|
|
159,703
|
|
Federated Investors, Inc., Class B
|
|
|
3,190
|
|
|
|
85,779
|
|
Financial Engines, Inc.
|
|
|
2,820
|
|
|
|
171,794
|
|
Fxcm, Inc.
|
|
|
1,570
|
|
|
|
26,910
|
|
HFF, Inc., Class A
|
|
|
6,200
|
|
|
|
183,396
|
|
Investment Technology Group, Inc.
(a)
|
|
|
1,570
|
|
|
|
25,905
|
|
Janus Capital Group, Inc.
|
|
|
10,230
|
|
|
|
112,428
|
|
Piper Jaffray Cos., Inc.
(a)
|
|
|
3,500
|
|
|
|
137,480
|
|
Prospect Capital Corp.
|
|
|
13,490
|
|
|
|
146,636
|
|
Raymond James Financial, Inc.
|
|
|
4,390
|
|
|
|
223,495
|
|
SEI Investments Co.
|
|
|
4,800
|
|
|
|
163,488
|
|
SWS Group, Inc.
(a)
|
|
|
9,965
|
|
|
|
76,531
|
|
Virtus Investment Partners, Inc.
(a)
|
|
|
1,079
|
|
|
|
196,659
|
|
Waddell & Reed Financial, Inc., Class A
|
|
|
4,550
|
|
|
|
294,931
|
|
|
|
|
|
|
|
|
2,297,129
|
|
|
|
|
|
|
|
|
|
|
CHEMICALS (2.3%)
|
|
|
|
|
|
|
|
|
A. Schulman, Inc.
|
|
|
3,950
|
|
|
|
134,182
|
|
Albemarle Corp.
|
|
|
2,930
|
|
|
|
188,047
|
|
American Vanguard Corp.
|
|
|
4,260
|
|
|
|
99,002
|
|
Ashland, Inc.
|
|
|
3,510
|
|
|
|
325,763
|
|
Balchem Corp.
|
|
|
1,755
|
|
|
|
95,683
|
|
Cabot Corp.
|
|
|
3,450
|
|
|
|
167,911
|
|
Cytec Industries, Inc.
|
|
|
1,320
|
|
|
|
118,760
|
|
Flotek Industries, Inc.
(a)
|
|
|
6,050
|
|
|
|
130,136
|
|
Futurefuel Corp.
|
|
|
470
|
|
|
|
7,689
|
|
H.B. Fuller Co.
|
|
|
3,110
|
|
|
|
144,864
|
|
Hawkins, Inc.
|
|
|
220
|
|
|
|
7,746
|
|
Innophos Holdings, Inc.
|
|
|
790
|
|
|
|
36,869
|
|
Intrepid Potash, Inc.
(a)
|
|
|
2,230
|
|
|
|
32,781
|
|
Kraton Performance Polymers, Inc.
(a)
|
|
|
3,330
|
|
|
|
83,283
|
|
Mineral Technologies, Inc.
|
|
|
1,320
|
|
|
|
68,218
|
|
NewMarket Corp.
|
|
|
425
|
|
|
|
142,316
|
|
Olin Corp.
|
|
|
5,770
|
|
|
|
148,347
|
|
Om Group, Inc.
(a)
|
|
|
2,370
|
|
|
|
76,646
|
|
PolyOne Corp.
|
|
|
3,530
|
|
|
|
125,527
|
|
Quaker Chemical Corp.
|
|
|
460
|
|
|
|
31,791
|
|
RPM International, Inc.
|
|
|
4,650
|
|
|
|
184,466
|
|
Sensient Technologies Corp.
|
|
|
1,860
|
|
|
|
90,991
|
|
Stepan Co.
|
|
|
1,270
|
|
|
|
80,505
|
|
The Scotts Miracle-Gro Co., Class A
|
|
|
1,580
|
|
|
|
93,836
|
|
Valspar Corp.
|
|
|
2,890
|
|
|
|
203,109
|
|
Zep, Inc.
|
|
|
4,275
|
|
|
|
68,571
|
|
|
|
|
|
|
|
|
2,887,039
|
|
|
|
|
|
|
|
|
|
|
COMMERCIAL BANKS (5.5%)
|
|
|
|
|
|
|
|
|
Associated Bancorp
|
|
|
10,790
|
|
|
|
177,711
|
|
BancorpSouth, Inc.
|
|
|
9,370
|
|
|
|
220,851
|
|
Bank of Hawaii Corp.
|
|
|
1,650
|
|
|
|
93,687
|
|
Bank of the Ozarks, Inc.
|
|
|
2,980
|
|
|
|
188,932
|
|
Banner Corp.
|
|
|
600
|
|
|
|
22,098
|
|
BBCN Bancorp, Inc.
|
|
|
12,440
|
|
|
|
187,222
|
|
Boston Private Financial Holdings, Inc.
|
|
|
9,010
|
|
|
|
110,733
|
|
Cardinal Financial Corp.
|
|
|
1,530
|
|
|
|
26,086
|
|
Cathay General Bancorp
|
|
|
8,850
|
|
|
|
207,975
|
|
City Holding Co.
|
|
|
310
|
|
|
|
13,832
|
|
City National Corp.
|
|
|
2,550
|
|
|
|
184,492
|
|
Columbia Banking System, Inc.
|
|
|
1,480
|
|
|
|
38,643
|
|
Commerce Bancshares, Inc.
|
|
|
2,904
|
|
|
|
126,237
|
|
Community Bank System, Inc.
|
|
|
1,360
|
|
|
|
48,416
|
|
Cullen/Frost Bankers, Inc.
|
|
|
1,920
|
|
|
|
142,118
|
|
CVB Financial Corp.
|
|
|
1,780
|
|
|
|
26,558
|
|
East West Bancorp, Inc.
|
|
|
6,170
|
|
|
|
206,448
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
F.N.B. Corp.
|
|
|
9,830
|
|
|
$
|
116,387
|
|
First Bancorp
(a)
|
|
|
6,162
|
|
|
|
30,132
|
|
First Commonwealth Financial Corp.
|
|
|
7,560
|
|
|
|
62,068
|
|
First Financial Bancorp
|
|
|
2,060
|
|
|
|
34,155
|
|
First Financial Bankshares, Inc.
|
|
|
1,725
|
|
|
|
105,518
|
|
First Horizon National Corp.
|
|
|
6,380
|
|
|
|
75,029
|
|
First Midwest Bancorp, Inc.
|
|
|
9,070
|
|
|
|
144,848
|
|
FirstMerit Corp.
|
|
|
6,560
|
|
|
|
133,496
|
|
Fulton Financial Corp.
|
|
|
9,120
|
|
|
|
112,632
|
|
Glacier Bancorp, Inc.
|
|
|
5,220
|
|
|
|
137,965
|
|
Hancock Holding Co.
|
|
|
3,989
|
|
|
|
138,019
|
|
Hanmi Financial Corp.
|
|
|
881
|
|
|
|
19,003
|
|
Home Bancshares, Inc.
|
|
|
5,676
|
|
|
|
175,048
|
|
Independent Bank Corp. - Massachusetts
|
|
|
610
|
|
|
|
22,058
|
|
International Bancshares Corp.
|
|
|
4,190
|
|
|
|
98,088
|
|
MB Financial, Inc.
|
|
|
8,410
|
|
|
|
236,321
|
|
National Penn Bancshares, Inc.
|
|
|
7,920
|
|
|
|
82,210
|
|
NBT Bancorp
|
|
|
1,270
|
|
|
|
30,531
|
|
Old National Bancorp
|
|
|
4,450
|
|
|
|
62,300
|
|
PacWest Bancorp
|
|
|
4,520
|
|
|
|
181,297
|
|
Pinnacle Financial Partners, Inc.
|
|
|
5,450
|
|
|
|
177,888
|
|
PrivateBancorp, Inc.
|
|
|
8,000
|
|
|
|
228,720
|
|
Prosperity Bancshares, Inc.
|
|
|
2,020
|
|
|
|
126,371
|
|
S & T Bancorp, Inc.
|
|
|
920
|
|
|
|
21,519
|
|
Signature Bank
(a)
|
|
|
2,470
|
|
|
|
301,488
|
|
Simmons First National Corp., Class A
|
|
|
370
|
|
|
|
12,776
|
|
Sterling BanCorp/de
|
|
|
2,638
|
|
|
|
33,239
|
|
Susquehanna Bancshares, Inc.
|
|
|
11,230
|
|
|
|
121,621
|
|
SVB Financial Group
(a)
|
|
|
3,110
|
|
|
|
349,035
|
|
Synovus Financial Corp.
|
|
|
73,590
|
|
|
|
246,526
|
|
Taylor Capital Group, Inc.
(a)
|
|
|
400
|
|
|
|
8,932
|
|
TCF Financial Corp.
|
|
|
6,860
|
|
|
|
110,446
|
|
Texas Capital Bancshares, Inc.
(a)
|
|
|
2,700
|
|
|
|
160,569
|
|
Tompkins Financial Corp.
|
|
|
319
|
|
|
|
14,961
|
|
Trustmark Corp.
|
|
|
2,140
|
|
|
|
50,846
|
|
UMB Financial Corp.
|
|
|
1,320
|
|
|
|
78,263
|
|
Umpqua Holdings Corp.
|
|
|
12,810
|
|
|
|
224,944
|
|
United Bankshares, Inc.
|
|
|
1,510
|
|
|
|
45,134
|
|
United Community Banks, Inc.
(a)
|
|
|
11,342
|
|
|
|
189,185
|
|
Valley National Bancorp
|
|
|
8,042
|
|
|
|
77,927
|
|
WestAmerica Bancorp
|
|
|
790
|
|
|
|
38,994
|
|
Wilshire Bancorp, Inc.
|
|
|
12,440
|
|
|
|
123,902
|
|
Wintrust Financial Corp.
|
|
|
3,250
|
|
|
|
142,448
|
|
|
|
|
|
|
|
|
6,904,878
|
|
|
|
|
|
|
|
|
|
|
COMMERCIAL SERVICES & SUPPLIES (3.8%)
|
|
|
|
|
|
|
|
|
ABM Industries, Inc.
|
|
|
6,990
|
|
|
|
186,353
|
|
Brady Corp., Class A
|
|
|
1,480
|
|
|
|
40,493
|
|
CDI Corp.
|
|
|
11,850
|
|
|
|
202,872
|
|
Clean Harbors, Inc.
(a)
|
|
|
2,000
|
|
|
|
112,160
|
|
Consolidated Graphics, Inc.
(a)
|
|
|
1,430
|
|
|
|
92,721
|
|
Copart, Inc.
(a)
|
|
|
5,530
|
|
|
|
189,568
|
|
Corrections Corp. of America
|
|
|
4,338
|
|
|
|
145,627
|
|
Darling International, Inc.
(a)
|
|
|
6,150
|
|
|
|
120,294
|
|
Deluxe Corp.
|
|
|
2,640
|
|
|
|
128,172
|
|
Exponent, Inc.
|
|
|
470
|
|
|
|
33,943
|
|
Forrester Research, Inc.
|
|
|
530
|
|
|
|
19,896
|
|
FTI Consulting, Inc.
(a)
|
|
|
1,580
|
|
|
|
58,571
|
|
G & K Services, Inc., Class A
|
|
|
720
|
|
|
|
40,241
|
|
Healthcare Services Group, Inc.
|
|
|
2,792
|
|
|
|
75,747
|
|
Heartland Payment Systems, Inc.
|
|
|
1,370
|
|
|
|
59,061
|
|
Heidrick & Struggles International, Inc.
|
|
|
4,990
|
|
|
|
83,233
|
|
Herman Miller, Inc.
|
|
|
2,130
|
|
|
|
59,704
|
|
Higher One Holdings, Inc.
(a)
|
|
|
1,570
|
|
|
|
12,183
|
|
HMS Holdings Corp.
(a)
|
|
|
3,150
|
|
|
|
72,545
|
|
HNI Corp.
|
|
|
3,150
|
|
|
|
108,077
|
|
Interface, Inc.
|
|
|
2,160
|
|
|
|
45,252
|
|
Kelly Services, Inc., Class A
|
|
|
9,450
|
|
|
|
226,611
|
|
Korn/Ferry International, Inc.
(a)
|
|
|
3,540
|
|
|
|
83,048
|
|
Leidos Holdings, Inc.
|
|
|
5,940
|
|
|
|
269,320
|
|
Manpower, Inc.
|
|
|
4,210
|
|
|
|
327,959
|
|
Mine Safety Appliances Co.
|
|
|
1,090
|
|
|
|
54,914
|
|
Mobile Mini, Inc.
(a)
|
|
|
2,500
|
|
|
|
96,675
|
|
Monro Muffler Brake, Inc.
|
|
|
1,085
|
|
|
|
60,228
|
|
Monster Worldwide, Inc.
(a)
|
|
|
25,690
|
|
|
|
157,223
|
|
Navigant Consulting, Inc.
(a)
|
|
|
2,470
|
|
|
|
43,398
|
|
On Assignment, Inc.
(a)
|
|
|
7,730
|
|
|
|
229,426
|
|
R.R. Donnelley & Sons Co.
|
|
|
6,680
|
|
|
|
123,380
|
|
Resources Connection, Inc.
|
|
|
3,590
|
|
|
|
48,393
|
|
Rollins, Inc.
|
|
|
2,470
|
|
|
|
71,185
|
|
TeleTech Holdings, Inc.
(a)
|
|
|
1,190
|
|
|
|
25,966
|
|
Tetra Tech, Inc.
(a)
|
|
|
2,440
|
|
|
|
72,004
|
|
The Brink's Co.
|
|
|
4,700
|
|
|
|
148,708
|
|
The Corporate Executive Board Co.
|
|
|
3,070
|
|
|
|
224,417
|
|
The Geo Group, Inc.
|
|
|
2,773
|
|
|
|
92,840
|
|
TrueBlue, Inc.
(a)
|
|
|
1,650
|
|
|
|
40,475
|
|
United Stationers, Inc.
|
|
|
4,360
|
|
|
|
180,635
|
|
Viad Corp.
|
|
|
4,390
|
|
|
|
115,413
|
|
Waste Connections, Inc.
|
|
|
4,502
|
|
|
|
184,042
|
|
|
|
|
|
|
|
|
4,762,973
|
|
|
|
|
|
|
|
|
|
|
COMMUNICATIONS EQUIPMENT (1.7%)
|
|
|
|
|
|
|
|
|
ADTRAN, Inc.
|
|
|
2,120
|
|
|
|
53,827
|
|
Arris Group, Inc.
(a)
|
|
|
4,319
|
|
|
|
111,862
|
|
Bel Fuse, Inc.
|
|
|
4,600
|
|
|
|
88,182
|
|
Belden CDT, Inc.
|
|
|
2,810
|
|
|
|
181,835
|
|
Black Box Corp.
|
|
|
8,240
|
|
|
|
225,858
|
|
CalAmp Corp.
(a)
|
|
|
9,480
|
|
|
|
279,470
|
|
Ciena Corp.
(a)
|
|
|
6,250
|
|
|
|
145,813
|
|
Comtech Telecommunications Corp.
|
|
|
650
|
|
|
|
19,773
|
|
Digi International, Inc.
(a)
|
|
|
4,640
|
|
|
|
47,792
|
|
Dycom Industries, Inc.
(a)
|
|
|
6,840
|
|
|
|
190,357
|
|
Harmonic, Inc.
(a)
|
|
|
16,540
|
|
|
|
108,502
|
|
InterDigital, Inc.
|
|
|
1,510
|
|
|
|
43,413
|
|
Ixia
(a)
|
|
|
2,410
|
|
|
|
30,824
|
|
JDS Uniphase Corp.
(a)
|
|
|
7,670
|
|
|
|
101,934
|
|
NETGEAR, Inc.
(a)
|
|
|
3,430
|
|
|
|
109,451
|
|
Oplink Communications, Inc.
(a)
|
|
|
4,110
|
|
|
|
69,582
|
|
PCTEL, Inc.
|
|
|
750
|
|
|
|
6,158
|
|
Plantronics, Inc.
|
|
|
1,460
|
|
|
|
62,678
|
|
Polycom, Inc.
(a)
|
|
|
5,770
|
|
|
|
68,836
|
|
Procera Networks, Inc.
(a)
|
|
|
900
|
|
|
|
10,404
|
|
Riverbed Technology, Inc.
(a)
|
|
|
5,779
|
|
|
|
113,962
|
|
ViaSat, Inc.
(a)
|
|
|
1,480
|
|
|
|
88,075
|
|
|
|
|
|
|
|
|
2,158,588
|
|
|
|
|
|
|
|
|
|
|
COMPUTERS & PERIPHERALS (0.9%)
|
|
|
|
|
|
|
|
|
Avid Technology, Inc.
(a)
|
|
|
1,790
|
|
|
|
12,423
|
|
Diebold, Inc.
|
|
|
2,410
|
|
|
|
80,952
|
|
Electronics for Imaging, Inc.
(a)
|
|
|
6,830
|
|
|
|
289,387
|
|
Lexmark International, Inc., Class A
|
|
|
5,290
|
|
|
|
207,315
|
|
NCR Corp.
(a)
|
|
|
5,860
|
|
|
|
206,213
|
|
Super Micro Computer, Inc.
(a)
|
|
|
6,810
|
|
|
|
140,014
|
|
Synaptics, Inc.
(a)
|
|
|
3,070
|
|
|
|
179,165
|
|
|
|
|
|
|
|
|
1,115,469
|
|
|
|
|
|
|
|
|
|
|
CONSTRUCTION & ENGINEERING (1.2%)
|
|
|
|
|
|
|
|
|
AECOM Technology Corp.
(a)
|
|
|
9,760
|
|
|
|
279,819
|
|
Aegion Corp.
(a)
|
|
|
6,480
|
|
|
|
132,970
|
|
EMCOR Group, Inc.
|
|
|
5,450
|
|
|
|
231,679
|
|
Granite Construction, Inc.
|
|
|
4,140
|
|
|
|
137,821
|
|
ITT Corp.
|
|
|
3,210
|
|
|
|
131,449
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
KBR, Inc.
|
|
|
7,510
|
|
|
$
|
235,063
|
|
Orion Marine Group, Inc.
(a)
|
|
|
3,830
|
|
|
|
42,896
|
|
URS Corp.
|
|
|
7,160
|
|
|
|
359,432
|
|
|
|
|
|
|
|
|
1,551,129
|
|
|
|
|
|
|
|
|
|
|
CONSTRUCTION MATERIALS (0.2%)
|
|
|
|
|
|
|
|
|
Headwaters, Inc.
(a)
|
|
|
3,420
|
|
|
|
38,030
|
|
Martin Marietta Materials, Inc.
|
|
|
1,760
|
|
|
|
191,858
|
|
Texas Industries, Inc.
(a)
|
|
|
790
|
|
|
|
59,424
|
|
|
|
|
|
|
|
|
289,312
|
|
|
|
|
|
|
|
|
|
|
CONSUMER FINANCE (0.3%)
|
|
|
|
|
|
|
|
|
Cash America International, Inc.
|
|
|
5,770
|
|
|
|
211,932
|
|
First Cash Financial Services, Inc.
(a)
|
|
|
1,790
|
|
|
|
87,961
|
|
Green Dot Corp., Class A
(a)
|
|
|
870
|
|
|
|
19,592
|
|
World Acceptance Corp.
(a)
|
|
|
440
|
|
|
|
42,104
|
|
|
|
|
|
|
|
|
361,589
|
|
|
|
|
|
|
|
|
|
|
CONTAINERS & PACKAGING (0.9%)
|
|
|
|
|
|
|
|
|
AptarGroup, Inc.
|
|
|
2,350
|
|
|
|
149,930
|
|
Greif, Inc., Class A
|
|
|
2,850
|
|
|
|
144,295
|
|
Myers Industries, Inc.
|
|
|
1,180
|
|
|
|
22,597
|
|
Packaging Corp. of America
|
|
|
4,700
|
|
|
|
303,620
|
|
Rock-Tenn Co., Class A
|
|
|
2,590
|
|
|
|
262,833
|
|
Silgan Holdings, Inc.
|
|
|
1,740
|
|
|
|
79,744
|
|
Sonoco Products Co.
|
|
|
3,470
|
|
|
|
143,589
|
|
|
|
|
|
|
|
|
1,106,608
|
|
|
|
|
|
|
|
|
|
|
DISTRIBUTORS (0.3%)
|
|
|
|
|
|
|
|
|
MWI Veterinary Supply, Inc.
(a)
|
|
|
1,180
|
|
|
|
219,787
|
|
VOXX International Corp.
(a)
|
|
|
12,320
|
|
|
|
164,225
|
|
|
|
|
|
|
|
|
384,012
|
|
|
|
|
|
|
|
|
|
|
DIVERSIFIED CONSUMER SERVICES (1.2%)
|
|
|
|
|
|
|
|
|
American Public Education, Inc.
(a)
|
|
|
2,220
|
|
|
|
93,973
|
|
Apollo Group, Inc., Class A
(a)
|
|
|
5,820
|
|
|
|
187,928
|
|
Capella Education Co.
|
|
|
1,900
|
|
|
|
118,541
|
|
Career Education Corp.
(a)
|
|
|
18,280
|
|
|
|
99,443
|
|
DeVry, Inc.
|
|
|
3,410
|
|
|
|
123,237
|
|
Hillenbrand, Inc.
|
|
|
4,520
|
|
|
|
122,356
|
|
Interval Leisure Group, Inc.
|
|
|
1,850
|
|
|
|
48,840
|
|
ITT Educational Services, Inc.
(a)
|
|
|
705
|
|
|
|
20,727
|
|
Matthews International Corp., Class A
|
|
|
1,240
|
|
|
|
52,725
|
|
Nutri/System, Inc.
|
|
|
1,240
|
|
|
|
17,633
|
|
Outerwall, Inc.
(a)
|
|
|
1,000
|
|
|
|
64,310
|
|
Regis Corp.
|
|
|
10,070
|
|
|
|
124,163
|
|
Service Corp. International
|
|
|
9,560
|
|
|
|
169,212
|
|
Sotheby's
|
|
|
3,500
|
|
|
|
167,720
|
|
Strayer Education, Inc.
(a)
|
|
|
452
|
|
|
|
15,802
|
|
Universal Technical Institute, Inc.
|
|
|
1,230
|
|
|
|
14,477
|
|
|
|
|
|
|
|
|
1,441,087
|
|
|
|
|
|
|
|
|
|
|
DIVERSIFIED FINANCIAL SERVICES (2.1%)
|
|
|
|
|
|
|
|
|
Affiliated Managers Group, Inc.
(a)
|
|
|
2,281
|
|
|
|
454,466
|
|
BofI Holdings, Inc.
(a)
|
|
|
2,000
|
|
|
|
165,500
|
|
Calamos Asset Management, Inc., Class A
|
|
|
9,780
|
|
|
|
112,177
|
|
Cardtronics, Inc.
(a)
|
|
|
3,530
|
|
|
|
135,976
|
|
CBOE Holdings, Inc.
|
|
|
4,560
|
|
|
|
237,211
|
|
CoreLogic, Inc.
(a)
|
|
|
5,200
|
|
|
|
165,620
|
|
Encore Capital Group, Inc.
(a)
|
|
|
3,690
|
|
|
|
175,607
|
|
EZCORP, Inc., Class A
(a)
|
|
|
18,620
|
|
|
|
204,448
|
|
Greenhill & Co., Inc.
|
|
|
930
|
|
|
|
48,313
|
|
Interactive Brokers Group, Inc., Class A
|
|
|
2,360
|
|
|
|
50,032
|
|
MarketAxess Holdings, Inc.
|
|
|
3,170
|
|
|
|
198,886
|
|
MSCI, Inc., Class A
(a)
|
|
|
5,520
|
|
|
|
235,814
|
|
Portfolio Recovery Associates, Inc.
(a)
|
|
|
4,400
|
|
|
|
220,968
|
|
Provident Financial Services, Inc.
|
|
|
3,540
|
|
|
|
61,313
|
|
Stifel Financial Corp.
(a)
|
|
|
2,225
|
|
|
|
100,459
|
|
Viewpoint Financial Group
|
|
|
1,540
|
|
|
|
37,915
|
|
|
|
|
|
|
|
|
2,604,705
|
|
|
|
|
|
|
|
|
|
|
DIVERSIFIED TELECOMMUNICATION SERVICES (0.4%)
|
|
|
|
|
|
|
|
|
Atlantic Tele-Network, Inc.
|
|
|
1,460
|
|
|
|
85,045
|
|
Cincinnati Bell, Inc.
(a)
|
|
|
11,010
|
|
|
|
38,095
|
|
General Communication, Inc., Class A
(a)
|
|
|
1,510
|
|
|
|
14,692
|
|
Lumos Networks Corp.
|
|
|
2,840
|
|
|
|
53,989
|
|
NeuStar, Inc., Class A
(a)
|
|
|
3,790
|
|
|
|
128,443
|
|
tw Telecom, Inc.
(a)
|
|
|
5,640
|
|
|
|
166,154
|
|
|
|
|
|
|
|
|
486,418
|
|
|
|
|
|
|
|
|
|
|
ELECTRIC UTILITIES (1.0%)
|
|
|
|
|
|
|
|
|
ALLETE, Inc.
|
|
|
1,220
|
|
|
|
60,976
|
|
Cleco Corp.
|
|
|
2,030
|
|
|
|
99,186
|
|
El Paso Electric Co.
|
|
|
1,460
|
|
|
|
53,188
|
|
Great Plains Energy, Inc.
|
|
|
8,731
|
|
|
|
215,481
|
|
Hawaiian Electric Industries, Inc.
|
|
|
5,970
|
|
|
|
155,339
|
|
IDACORP, Inc.
|
|
|
2,770
|
|
|
|
146,062
|
|
NorthWestern Corp.
|
|
|
2,350
|
|
|
|
106,244
|
|
UIL Holdings Corp.
|
|
|
3,020
|
|
|
|
116,783
|
|
UniSource Energy Corp.
|
|
|
1,680
|
|
|
|
100,598
|
|
Westar Energy, Inc.
|
|
|
6,420
|
|
|
|
212,951
|
|
|
|
|
|
|
|
|
1,266,808
|
|
|
|
|
|
|
|
|
|
|
ELECTRICAL EQUIPMENT (1.2%)
|
|
|
|
|
|
|
|
|
A.O. Smith Corp.
|
|
|
5,810
|
|
|
|
274,348
|
|
Acuity Brands, Inc.
|
|
|
1,530
|
|
|
|
194,371
|
|
AZZ, Inc.
|
|
|
2,060
|
|
|
|
86,129
|
|
Encore Wire Corp.
|
|
|
660
|
|
|
|
33,720
|
|
EnerSys
|
|
|
2,970
|
|
|
|
202,138
|
|
Franklin Electric Co., Inc.
|
|
|
1,400
|
|
|
|
55,776
|
|
General Cable Corp.
|
|
|
1,970
|
|
|
|
56,204
|
|
Hubbell, Inc., Class B
|
|
|
1,960
|
|
|
|
228,791
|
|
Powell Industries, Inc.
|
|
|
320
|
|
|
|
19,651
|
|
REGAL-BELOIT Corp.
|
|
|
2,440
|
|
|
|
180,780
|
|
Rofin-Sinar Technologies, Inc.
(a)
|
|
|
2,940
|
|
|
|
67,914
|
|
Vicor Corp.
(a)
|
|
|
910
|
|
|
|
9,400
|
|
Woodward, Inc.
|
|
|
2,140
|
|
|
|
91,699
|
|
|
|
|
|
|
|
|
1,500,921
|
|
|
|
|
|
|
|
|
|
|
ELECTRONIC EQUIPMENT & INSTRUMENTS (4.1%)
|
|
|
|
|
|
|
|
|
Agilysys, Inc.
(a)
|
|
|
740
|
|
|
|
9,694
|
|
Anixter International, Inc.
|
|
|
2,120
|
|
|
|
185,966
|
|
Arrow Electronics, Inc.
(a)
|
|
|
7,180
|
|
|
|
368,908
|
|
Avnet, Inc.
|
|
|
9,500
|
|
|
|
390,165
|
|
Badger Meter, Inc.
|
|
|
470
|
|
|
|
23,942
|
|
Benchmark Electronics, Inc.
(a)
|
|
|
9,320
|
|
|
|
211,844
|
|
Checkpoint Systems, Inc.
(a)
|
|
|
1,700
|
|
|
|
22,678
|
|
Cognex Corp.
(a)
|
|
|
4,640
|
|
|
|
183,048
|
|
Coherent, Inc.
(a)
|
|
|
890
|
|
|
|
59,488
|
|
CTS Corp.
|
|
|
1,420
|
|
|
|
26,540
|
|
Daktronics, Inc.
|
|
|
8,350
|
|
|
|
121,993
|
|
DTS, Inc.
(a)
|
|
|
650
|
|
|
|
13,474
|
|
Electro Scientific Industries, Inc.
|
|
|
1,040
|
|
|
|
11,274
|
|
ESCO Technologies, Inc.
|
|
|
860
|
|
|
|
30,014
|
|
FARO Technologies, Inc.
(a)
|
|
|
1,810
|
|
|
|
93,613
|
|
II-VI, Inc.
(a)
|
|
|
2,370
|
|
|
|
36,190
|
|
Ingram Micro, Inc.
(a)
|
|
|
15,650
|
|
|
|
391,563
|
|
Insight Enterprises, Inc.
(a)
|
|
|
8,360
|
|
|
|
176,396
|
|
Itron, Inc.
(a)
|
|
|
2,570
|
|
|
|
103,777
|
|
Littelfuse, Inc.
|
|
|
810
|
|
|
|
72,495
|
|
Measurement Specialties, Inc.
(a)
|
|
|
1,990
|
|
|
|
109,788
|
|
Mercury Computer Systems, Inc.
(a)
|
|
|
5,390
|
|
|
|
57,673
|
|
Methode Electronics, Inc.
|
|
|
5,440
|
|
|
|
183,110
|
|
Mettler-Toledo International, Inc.
(a)
|
|
|
1,090
|
|
|
|
268,467
|
|
MTS Systems Corp.
|
|
|
1,430
|
|
|
|
100,572
|
|
National Instruments Corp.
|
|
|
3,285
|
|
|
|
95,265
|
|
Newport Corp.
(a)
|
|
|
1,610
|
|
|
|
29,205
|
|
Park Electrochemical Corp.
|
|
|
490
|
|
|
|
14,783
|
|
Plexus Corp.
(a)
|
|
|
3,250
|
|
|
|
127,075
|
|
Rogers Corp.
(a)
|
|
|
640
|
|
|
|
38,848
|
|
Rovi Corp.
(a)
|
|
|
3,773
|
|
|
|
80,025
|
|
Sanmina Corp.
(a)
|
|
|
14,440
|
|
|
|
241,437
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
ScanSource, Inc.
(a)
|
|
|
4,140
|
|
|
$
|
155,416
|
|
SYNNEX Corp.
(a)
|
|
|
3,080
|
|
|
|
172,942
|
|
Tech Data Corp.
(a)
|
|
|
5,760
|
|
|
|
310,579
|
|
Trimble Navigation, Ltd.
(a)
|
|
|
10,350
|
|
|
|
334,616
|
|
TTM Technologies, Inc.
(a)
|
|
|
14,650
|
|
|
|
117,347
|
|
Vishay Intertechnology, Inc.
(a)
|
|
|
14,160
|
|
|
|
192,293
|
|
|
|
|
|
|
|
|
5,162,503
|
|
|
|
|
|
|
|
|
|
|
ENERGY EQUIPMENT & SERVICES (2.6%)
|
|
|
|
|
|
|
|
|
Atwood Oceanics, Inc.
(a)
|
|
|
2,180
|
|
|
|
103,332
|
|
Basic Energy Services, Inc.
(a)
|
|
|
1,320
|
|
|
|
22,612
|
|
Bristow Group, Inc.
|
|
|
1,360
|
|
|
|
97,634
|
|
C&j Energy Services, Inc.
(a)
|
|
|
7,540
|
|
|
|
176,285
|
|
CARBO Ceramics, Inc.
|
|
|
1,260
|
|
|
|
145,051
|
|
Dril-Quip, Inc.
(a)
|
|
|
1,980
|
|
|
|
199,109
|
|
Era Group, Inc.
(a)
|
|
|
5,290
|
|
|
|
154,944
|
|
Exterran Holdings, Inc.
(a)
|
|
|
5,080
|
|
|
|
176,479
|
|
Geospace Technologies Corp.
(a)
|
|
|
1,120
|
|
|
|
89,062
|
|
Gulf Island Fabrication, Inc.
|
|
|
3,830
|
|
|
|
77,596
|
|
Helix Energy Solutions Group, Inc.
(a)
|
|
|
3,870
|
|
|
|
78,909
|
|
ION Geophysical Corp.
(a)
|
|
|
5,630
|
|
|
|
17,059
|
|
Matrix Service Co.
(a)
|
|
|
10,840
|
|
|
|
284,875
|
|
Newpark Resources, Inc.
(a)
|
|
|
13,020
|
|
|
|
147,907
|
|
Oceaneering International, Inc.
|
|
|
4,880
|
|
|
|
332,572
|
|
Patterson-UTI Energy, Inc.
|
|
|
11,150
|
|
|
|
286,444
|
|
Pioneer Energy Services Corp.
(a)
|
|
|
18,750
|
|
|
|
157,125
|
|
SEACOR Holdings, Inc.
(a)
|
|
|
1,260
|
|
|
|
106,067
|
|
Superior Energy Services, Inc.
(a)
|
|
|
11,180
|
|
|
|
264,295
|
|
TETRA Technologies, Inc.
(a)
|
|
|
3,490
|
|
|
|
36,017
|
|
Tidewater, Inc.
|
|
|
3,100
|
|
|
|
160,735
|
|
Unit Corp.
(a)
|
|
|
2,780
|
|
|
|
138,917
|
|
|
|
|
|
|
|
|
3,253,026
|
|
|
|
|
|
|
|
|
|
|
FOOD & STAPLES RETAILING (0.6%)
|
|
|
|
|
|
|
|
|
Casey's General Stores, Inc.
|
|
|
1,470
|
|
|
|
100,945
|
|
Spartan Stores, Inc.
|
|
|
8,284
|
|
|
|
187,136
|
|
SuperValu, Inc.
(a)
|
|
|
15,530
|
|
|
|
89,764
|
|
Tesco Corp.
(a)
|
|
|
9,370
|
|
|
|
197,894
|
|
United Natural Foods, Inc.
(a)
|
|
|
2,690
|
|
|
|
181,763
|
|
|
|
|
|
|
|
|
757,502
|
|
|
|
|
|
|
|
|
|
|
FOOD PRODUCTS (2.0%)
|
|
|
|
|
|
|
|
|
Annie's, Inc.
(a)
|
|
|
620
|
|
|
|
24,875
|
|
B&G Foods, Inc.
|
|
|
1,860
|
|
|
|
60,952
|
|
Calavo Growers, Inc.
|
|
|
490
|
|
|
|
14,886
|
|
Cal-Maine Foods, Inc.
|
|
|
570
|
|
|
|
28,717
|
|
Dean Foods Co.
(a)
|
|
|
10,830
|
|
|
|
171,114
|
|
Diamond Foods, Inc.
(a)
|
|
|
840
|
|
|
|
22,142
|
|
Flowers Foods, Inc.
|
|
|
6,373
|
|
|
|
133,514
|
|
Green Mountain Coffee Roasters, Inc.
(a)
|
|
|
6,980
|
|
|
|
565,380
|
|
Hain Celestial Group, Inc.
(a)
|
|
|
2,530
|
|
|
|
232,482
|
|
Ingredion, Inc.
|
|
|
3,700
|
|
|
|
230,510
|
|
J & J Snack Foods Corp.
|
|
|
550
|
|
|
|
48,455
|
|
Lancaster Colony Corp.
|
|
|
770
|
|
|
|
66,928
|
|
Post Holdings, Inc.
(a)
|
|
|
2,355
|
|
|
|
126,063
|
|
Sanderson Farms, Inc.
|
|
|
1,830
|
|
|
|
136,061
|
|
Seneca Foods Corp., Class A
(a)
|
|
|
7,320
|
|
|
|
212,792
|
|
Snyders-Lance, Inc.
|
|
|
1,860
|
|
|
|
49,681
|
|
The Hillshire Brands Co.
|
|
|
4,470
|
|
|
|
159,221
|
|
Tootsie Roll Industries, Inc.
|
|
|
1,004
|
|
|
|
30,461
|
|
TreeHouse Foods, Inc.
(a)
|
|
|
1,380
|
|
|
|
90,859
|
|
Whitewave Foods Co., Class A
(a)
|
|
|
6,060
|
|
|
|
146,713
|
|
|
|
|
|
|
|
|
2,551,806
|
|
|
|
|
|
|
|
|
|
|
GAS UTILITIES (1.4%)
|
|
|
|
|
|
|
|
|
Atmos Energy Corp.
|
|
|
4,610
|
|
|
|
221,326
|
|
Energen Corp.
|
|
|
2,630
|
|
|
|
185,994
|
|
National Fuel Gas Co.
|
|
|
2,970
|
|
|
|
223,819
|
|
New Jersey Resources Corp.
|
|
|
3,230
|
|
|
|
147,288
|
|
Northwest Natural Gas Co.
|
|
|
840
|
|
|
|
34,911
|
|
Piedmont Natural Gas Co., Inc.
|
|
|
2,670
|
|
|
|
88,163
|
|
Questar Corp.
|
|
|
6,930
|
|
|
|
161,608
|
|
South Jersey Industries, Inc.
|
|
|
1,110
|
|
|
|
59,207
|
|
Southwest Gas Corp.
|
|
|
1,620
|
|
|
|
87,043
|
|
The Laclede Group, Inc.
|
|
|
2,170
|
|
|
|
99,581
|
|
UGI Corp.
|
|
|
6,370
|
|
|
|
276,394
|
|
WGL Holdings, Inc.
|
|
|
3,250
|
|
|
|
122,785
|
|
|
|
|
|
|
|
|
1,708,119
|
|
|
|
|
|
|
|
|
|
|
HEALTH CARE EQUIPMENT & SUPPLIES (2.6%)
|
|
|
|
|
|
|
|
|
Abaxis, Inc.
(a)
|
|
|
870
|
|
|
|
33,208
|
|
ABIOMED, Inc.
(a)
|
|
|
7,250
|
|
|
|
199,302
|
|
Align Technology, Inc.
(a)
|
|
|
4,500
|
|
|
|
267,390
|
|
Allscripts Healthcare Solutions, Inc.
(a)
|
|
|
6,076
|
|
|
|
100,619
|
|
Analogic Corp.
|
|
|
500
|
|
|
|
47,825
|
|
Anika Therapeutics, Inc.
(a)
|
|
|
4,330
|
|
|
|
144,059
|
|
Bio-Rad Laboratories, Inc., Class A
(a)
|
|
|
800
|
|
|
|
101,696
|
|
Cantel Medical Corp.
|
|
|
4,777
|
|
|
|
151,431
|
|
CONMED Corp.
|
|
|
1,300
|
|
|
|
54,535
|
|
Cyberonics, Inc.
(a)
|
|
|
940
|
|
|
|
62,792
|
|
Cynosure, Inc.
(a)
|
|
|
840
|
|
|
|
22,537
|
|
Greatbatch, Inc.
(a)
|
|
|
1,010
|
|
|
|
42,935
|
|
Haemonetics Corp.
(a)
|
|
|
2,190
|
|
|
|
82,979
|
|
Hanger Orthopedic Group, Inc.
(a)
|
|
|
1,670
|
|
|
|
56,463
|
|
Hill-Rom Holdings, Inc.
|
|
|
2,310
|
|
|
|
83,784
|
|
Hologic, Inc.
(a)
|
|
|
9,760
|
|
|
|
208,474
|
|
ICU Medical, Inc.
(a)
|
|
|
590
|
|
|
|
38,061
|
|
IDEXX Laboratories, Inc.
(a)
|
|
|
1,970
|
|
|
|
225,092
|
|
Integra LifeSciences Holdings Corp.
(a)
|
|
|
960
|
|
|
|
44,602
|
|
Invacare Corp.
|
|
|
5,860
|
|
|
|
118,255
|
|
Masimo Corp.
(a)
|
|
|
2,060
|
|
|
|
60,255
|
|
Meridian Bioscience, Inc.
|
|
|
1,810
|
|
|
|
41,232
|
|
Merit Medical Systems, Inc.
(a)
|
|
|
1,625
|
|
|
|
23,351
|
|
Natus Medical, Inc.
(a)
|
|
|
6,950
|
|
|
|
179,935
|
|
NuVasive, Inc.
(a)
|
|
|
3,800
|
|
|
|
142,272
|
|
OSI Systems, Inc.
(a)
|
|
|
710
|
|
|
|
41,130
|
|
ResMed, Inc.
|
|
|
5,120
|
|
|
|
223,283
|
|
STERIS Corp.
|
|
|
2,270
|
|
|
|
104,170
|
|
SurModics, Inc.
(a)
|
|
|
3,150
|
|
|
|
76,797
|
|
Symmetry Medical, Inc.
(a)
|
|
|
2,490
|
|
|
|
24,203
|
|
Thoratec Corp.
(a)
|
|
|
2,220
|
|
|
|
77,567
|
|
West Pharmaceutical Services, Inc.
|
|
|
3,700
|
|
|
|
175,565
|
|
|
|
|
|
|
|
|
3,255,799
|
|
|
|
|
|
|
|
|
|
|
HEALTH CARE PROVIDERS & SERVICES (3.1%)
|
|
|
|
|
|
|
|
|
Air Methods Corp.
(a)
|
|
|
2,510
|
|
|
|
129,089
|
|
Almost Family, Inc.
(a)
|
|
|
4,010
|
|
|
|
121,944
|
|
Amedisys, Inc.
(a)
|
|
|
1,529
|
|
|
|
23,073
|
|
AMN Healthcare Services, Inc.
(a)
|
|
|
5,210
|
|
|
|
78,723
|
|
AmSurg Corp.
(a)
|
|
|
1,690
|
|
|
|
70,558
|
|
Bio-Reference Laboratories, Inc.
(a)
|
|
|
1,190
|
|
|
|
31,999
|
|
Centene Corp.
(a)
|
|
|
3,750
|
|
|
|
227,250
|
|
Chemed Corp.
|
|
|
820
|
|
|
|
64,714
|
|
CorVel Corp.
(a)
|
|
|
2,780
|
|
|
|
131,661
|
|
Cross Country Healthcare, Inc.
(a)
|
|
|
16,290
|
|
|
|
175,932
|
|
CryoLife, Inc.
|
|
|
9,920
|
|
|
|
107,037
|
|
Gentiva Health Services, Inc.
(a)
|
|
|
1,630
|
|
|
|
18,517
|
|
Health Net, Inc.
(a)
|
|
|
8,470
|
|
|
|
278,578
|
|
Healthways, Inc.
(a)
|
|
|
4,700
|
|
|
|
71,957
|
|
Henry Schein, Inc.
(a)
|
|
|
3,510
|
|
|
|
403,264
|
|
IPC The Hospitalist Co.
(a)
|
|
|
2,180
|
|
|
|
116,368
|
|
Kindred Healthcare, Inc.
|
|
|
9,482
|
|
|
|
179,589
|
|
Landauer, Inc.
|
|
|
490
|
|
|
|
22,623
|
|
LHC Group, Inc.
(a)
|
|
|
5,150
|
|
|
|
118,141
|
|
Magellan Health Services, Inc.
(a)
|
|
|
3,550
|
|
|
|
212,397
|
|
Medifast, Inc.
(a)
|
|
|
620
|
|
|
|
16,449
|
|
Molina Heathcare, Inc.
(a)
|
|
|
5,275
|
|
|
|
189,900
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
Omnicare, Inc.
|
|
|
4,090
|
|
|
$
|
255,461
|
|
Owens & Minor, Inc.
|
|
|
6,205
|
|
|
|
214,941
|
|
PharMerica Corp.
(a)
|
|
|
8,150
|
|
|
|
198,371
|
|
The Ensign Group, Inc.
|
|
|
1,160
|
|
|
|
48,627
|
|
VCA Antech, Inc.
(a)
|
|
|
3,790
|
|
|
|
121,053
|
|
WellCare Group, Inc.
(a)
|
|
|
3,460
|
|
|
|
225,281
|
|
|
|
|
|
|
|
|
3,853,497
|
|
|
|
|
|
|
|
|
|
|
HEALTH CARE TECHNOLOGY (0.4%)
|
|
|
|
|
|
|
|
|
Computer Programs & Systems, Inc.
|
|
|
430
|
|
|
|
28,733
|
|
Healthstream, Inc.
(a)
|
|
|
1,970
|
|
|
|
57,169
|
|
Medidata Solutions, Inc.
(a)
|
|
|
3,740
|
|
|
|
235,994
|
|
Omnicell, Inc.
(a)
|
|
|
6,560
|
|
|
|
169,379
|
|
|
|
|
|
|
|
|
491,275
|
|
|
|
|
|
|
|
|
|
|
HOTELS, RESTAURANTS & LEISURE (1.7%)
|
|
|
|
|
|
|
|
|
Biglari Holdings, Inc.
(a)
|
|
|
268
|
|
|
|
117,105
|
|
Bob Evans Farms, Inc.
|
|
|
1,140
|
|
|
|
57,285
|
|
Brinker International, Inc.
|
|
|
4,110
|
|
|
|
198,760
|
|
CEC Entertainment, Inc.
|
|
|
760
|
|
|
|
41,010
|
|
Cracker Barrel Old Country Store, Inc.
|
|
|
980
|
|
|
|
97,030
|
|
DineEquity, Inc.
|
|
|
670
|
|
|
|
52,133
|
|
Domino's Pizza, Inc.
|
|
|
2,700
|
|
|
|
190,647
|
|
International Speedway Corp., Class A
|
|
|
1,240
|
|
|
|
41,627
|
|
Jack in the Box, Inc.
(a)
|
|
|
1,880
|
|
|
|
95,072
|
|
Life Time Fitness, Inc.
(a)
|
|
|
1,690
|
|
|
|
69,560
|
|
Marcus Corp.
|
|
|
6,390
|
|
|
|
83,453
|
|
Marriott Vacations Worldwide Corp.
(a)
|
|
|
1,230
|
|
|
|
58,892
|
|
Panera Bread Co., Class A
(a)
|
|
|
1,019
|
|
|
|
172,282
|
|
Papa John's International, Inc.
|
|
|
2,730
|
|
|
|
131,395
|
|
Red Robin Gourmet Burgers, Inc.
(a)
|
|
|
1,980
|
|
|
|
127,571
|
|
Ruby Tuesday, Inc.
(a)
|
|
|
17,540
|
|
|
|
98,224
|
|
Sonic Corp.
(a)
|
|
|
5,130
|
|
|
|
91,263
|
|
Texas Roadhouse, Inc., Class A
|
|
|
4,300
|
|
|
|
104,275
|
|
The Cheesecake Factory, Inc.
|
|
|
2,040
|
|
|
|
90,862
|
|
The Wendy's Co.
|
|
|
25,220
|
|
|
|
228,745
|
|
|
|
|
|
|
|
|
2,147,191
|
|
|
|
|
|
|
|
|
|
|
HOUSEHOLD DURABLES (2.1%)
|
|
|
|
|
|
|
|
|
Ethan Allen Interiors, Inc.
|
|
|
1,010
|
|
|
|
25,492
|
|
Fortune Brands Home & Security, Inc.
|
|
|
7,330
|
|
|
|
330,290
|
|
iRobot Corp.
(a)
|
|
|
1,080
|
|
|
|
38,167
|
|
Jarden Corp.
(a)
|
|
|
5,745
|
|
|
|
347,285
|
|
KB HOME
|
|
|
3,210
|
|
|
|
62,081
|
|
La-Z-Boy, Inc.
|
|
|
4,430
|
|
|
|
119,256
|
|
M.D.C. Holdings, Inc.
(a)
|
|
|
5,140
|
|
|
|
158,775
|
|
M/I Homes, Inc.
(a)
|
|
|
7,630
|
|
|
|
187,622
|
|
Meritage Homes Corp.
(a)
|
|
|
2,660
|
|
|
|
129,196
|
|
National Presto Industries, Inc.
(a)
|
|
|
760
|
|
|
|
57,828
|
|
NVR, Inc.
(a)
|
|
|
157
|
|
|
|
181,085
|
|
Ryland Group, Inc.
|
|
|
1,810
|
|
|
|
80,798
|
|
Standard Pacific Corp.
(a)
|
|
|
10,580
|
|
|
|
93,104
|
|
Tempur-Pedic International, Inc.
(a)
|
|
|
5,250
|
|
|
|
258,773
|
|
Toll Brothers, Inc.
(a)
|
|
|
9,570
|
|
|
|
351,698
|
|
Tupperware Corp.
|
|
|
1,830
|
|
|
|
143,399
|
|
Universal Electronics, Inc.
(a)
|
|
|
3,450
|
|
|
|
123,303
|
|
|
|
|
|
|
|
|
2,688,152
|
|
|
|
|
|
|
|
|
|
|
HOUSEHOLD PRODUCTS (0.7%)
|
|
|
|
|
|
|
|
|
Central Garden & Pet Co., Class A
(a)
|
|
|
28,900
|
|
|
|
180,336
|
|
Church & Dwight Co., Inc.
|
|
|
4,980
|
|
|
|
321,608
|
|
Energizer Holdings, Inc.
|
|
|
2,300
|
|
|
|
217,350
|
|
Inter Parfums, Inc.
|
|
|
3,820
|
|
|
|
124,303
|
|
WD-40 Co.
|
|
|
560
|
|
|
|
38,489
|
|
|
|
|
|
|
|
|
882,086
|
|
|
|
|
|
|
|
|
|
|
INDUSTRIAL CONGLOMERATES (0.3%)
|
|
|
|
|
|
|
|
|
Carlisle Cos., Inc.
|
|
|
2,280
|
|
|
|
169,928
|
|
Koppers Holdings, Inc.
|
|
|
730
|
|
|
|
28,835
|
|
LSB Industries, Inc.
(a)
|
|
|
680
|
|
|
|
22,515
|
|
Standex International Corp.
|
|
|
440
|
|
|
|
25,027
|
|
Teleflex, Inc.
|
|
|
1,640
|
|
|
|
153,570
|
|
Tredegar Industries, Inc.
|
|
|
910
|
|
|
|
22,559
|
|
|
|
|
|
|
|
|
422,434
|
|
|
|
|
|
|
|
|
|
|
INSURANCE (5.1%)
|
|
|
|
|
|
|
|
|
Alleghany Corp.
(a)
|
|
|
890
|
|
|
|
331,374
|
|
American Financial Group, Inc.
|
|
|
4,610
|
|
|
|
253,181
|
|
Amerisafe, Inc.
|
|
|
670
|
|
|
|
27,718
|
|
Arthur J. Gallagher & Co.
|
|
|
4,560
|
|
|
|
210,809
|
|
Aspen Insurance Holdings, Ltd.
|
|
|
5,740
|
|
|
|
223,286
|
|
Brown & Brown, Inc.
|
|
|
4,370
|
|
|
|
137,611
|
|
eHealth, Inc.
(a)
|
|
|
2,020
|
|
|
|
107,929
|
|
Employers Holdings, Inc.
|
|
|
5,750
|
|
|
|
141,277
|
|
Everest Re Group, Ltd.
|
|
|
2,450
|
|
|
|
354,662
|
|
Fidelity National Financial, Inc., Class A
|
|
|
13,083
|
|
|
|
412,638
|
|
First American Financial Corp.
|
|
|
9,720
|
|
|
|
251,942
|
|
HCC Insurance Holdings, Inc.
|
|
|
4,990
|
|
|
|
214,121
|
|
Hci Group, Inc.
|
|
|
4,820
|
|
|
|
204,995
|
|
Horace Mann Educators Corp.
|
|
|
4,830
|
|
|
|
134,757
|
|
Infinity Property & Casualty Corp.
|
|
|
2,160
|
|
|
|
152,496
|
|
Kemper Corp.
|
|
|
4,920
|
|
|
|
180,810
|
|
Meadowbrook Insurance Group, Inc.
|
|
|
15,360
|
|
|
|
93,082
|
|
Mercury General Corp.
|
|
|
2,460
|
|
|
|
112,742
|
|
Old Republic International Corp.
|
|
|
16,770
|
|
|
|
261,947
|
|
Primerica, Inc.
|
|
|
1,930
|
|
|
|
81,311
|
|
ProAssurance Corp.
|
|
|
3,090
|
|
|
|
143,561
|
|
Protective Life Corp.
|
|
|
5,570
|
|
|
|
272,986
|
|
Reinsurance Group of America
|
|
|
5,230
|
|
|
|
390,524
|
|
Renaissancere Holdings, Ltd.
|
|
|
1,820
|
|
|
|
165,092
|
|
RLI Corp.
|
|
|
1,220
|
|
|
|
50,825
|
|
Safety Insurance Group, Inc.
|
|
|
1,830
|
|
|
|
98,966
|
|
Selective Insurance Group, Inc.
|
|
|
5,530
|
|
|
|
130,066
|
|
StanCorp Financial Group, Inc.
|
|
|
3,040
|
|
|
|
195,320
|
|
Stewart Information Services Corp.
|
|
|
7,290
|
|
|
|
236,998
|
|
The Hanover Insurance Group, Inc.
|
|
|
4,250
|
|
|
|
236,002
|
|
The Navigators Group, Inc.
(a)
|
|
|
2,290
|
|
|
|
136,553
|
|
Tower Group International, Ltd.
|
|
|
6,950
|
|
|
|
17,375
|
|
United Fire Group, Inc.
|
|
|
5,200
|
|
|
|
130,520
|
|
W.R. Berkley Corp.
|
|
|
6,120
|
|
|
|
237,211
|
|
|
|
|
|
|
|
|
6,330,687
|
|
|
|
|
|
|
|
|
|
|
INTERNET & CATALOG RETAIL (0.2%)
|
|
|
|
|
|
|
|
|
FTD Cos., Inc.
(a)
|
|
|
700
|
|
|
|
21,700
|
|
HSN, Inc.
|
|
|
1,220
|
|
|
|
66,819
|
|
XO Group, Inc.
(a)
|
|
|
15,870
|
|
|
|
192,503
|
|
|
|
|
|
|
|
|
281,022
|
|
|
|
|
|
|
|
|
|
|
INTERNET SOFTWARE & SERVICES (2.1%)
|
|
|
|
|
|
|
|
|
AOL, Inc.
(a)
|
|
|
2,790
|
|
|
|
128,563
|
|
Blucora, Inc.
(a)
|
|
|
8,210
|
|
|
|
210,258
|
|
Blue Nile, Inc.
(a)
|
|
|
450
|
|
|
|
19,377
|
|
Bottomline Technologies, Inc.
(a)
|
|
|
1,280
|
|
|
|
44,314
|
|
comScore, Inc.
(a)
|
|
|
2,470
|
|
|
|
67,703
|
|
Concur Technologies, Inc.
(a)
|
|
|
2,400
|
|
|
|
291,216
|
|
DealerTrack Holdings, Inc.
(a)
|
|
|
4,790
|
|
|
|
223,453
|
|
Dice Holdings, Inc.
(a)
|
|
|
4,010
|
|
|
|
28,070
|
|
Digital River, Inc.
(a)
|
|
|
1,510
|
|
|
|
26,546
|
|
Equinix, Inc.
(a)
|
|
|
1,799
|
|
|
|
333,175
|
|
j2 Global, Inc.
|
|
|
3,930
|
|
|
|
178,225
|
|
Liquidity Services, Inc.
(a)
|
|
|
990
|
|
|
|
23,532
|
|
LivePerson, Inc.
(a)
|
|
|
2,110
|
|
|
|
29,181
|
|
Microstrategy, Inc., Class A
(a)
|
|
|
340
|
|
|
|
42,738
|
|
Nic, Inc.
|
|
|
5,460
|
|
|
|
118,700
|
|
OpenTable, Inc.
(a)
|
|
|
2,660
|
|
|
|
200,245
|
|
Perficient, Inc.
(a)
|
|
|
7,750
|
|
|
|
159,108
|
|
PetMed Express, Inc.
|
|
|
940
|
|
|
|
12,436
|
|
QuinStreet, Inc.
(a)
|
|
|
2,000
|
|
|
|
16,540
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
Rackspace Hosting, Inc.
(a)
|
|
|
4,040
|
|
|
$
|
147,096
|
|
Stamps.com, Inc.
(a)
|
|
|
2,910
|
|
|
|
114,829
|
|
TIBCO Software, Inc.
(a)
|
|
|
5,440
|
|
|
|
115,818
|
|
ValueClick, Inc.
(a)
|
|
|
4,990
|
|
|
|
107,285
|
|
|
|
|
|
|
|
|
2,638,408
|
|
|
|
|
|
|
|
|
|
|
IT SERVICES (2.2%)
|
|
|
|
|
|
|
|
|
Acxiom Corp.
(a)
|
|
|
4,060
|
|
|
|
145,998
|
|
Broadridge Financial Solutions, Inc.
|
|
|
5,310
|
|
|
|
192,700
|
|
CACI International, Inc., Class A
(a)
|
|
|
3,200
|
|
|
|
236,864
|
|
Ciber, Inc.
(a)
|
|
|
46,300
|
|
|
|
179,644
|
|
Convergys Corp.
|
|
|
5,890
|
|
|
|
119,979
|
|
CSG Systems International, Inc.
|
|
|
1,380
|
|
|
|
41,345
|
|
DST Systems, Inc.
|
|
|
1,160
|
|
|
|
105,560
|
|
Exlservice Holdings, Inc.
(a)
|
|
|
1,350
|
|
|
|
33,952
|
|
Gartner, Inc.
(a)
|
|
|
3,260
|
|
|
|
229,276
|
|
iGATE Corp.
(a)
|
|
|
5,630
|
|
|
|
190,012
|
|
LogMeIn, Inc.
(a)
|
|
|
2,730
|
|
|
|
92,711
|
|
ManTech International Corp., Class A
|
|
|
8,510
|
|
|
|
247,641
|
|
MAXIMUS, Inc.
|
|
|
3,740
|
|
|
|
158,464
|
|
Science Applications International Corp.
|
|
|
4,850
|
|
|
|
179,498
|
|
Sykes Enterprises, Inc.
(a)
|
|
|
1,820
|
|
|
|
38,147
|
|
Synchronoss Technologies, Inc.
(a)
|
|
|
4,570
|
|
|
|
121,836
|
|
VeriFone Systems, Inc.
(a)
|
|
|
3,860
|
|
|
|
111,979
|
|
Virtusa Corp.
(a)
|
|
|
5,270
|
|
|
|
180,656
|
|
Wex, Inc.
(a)
|
|
|
2,350
|
|
|
|
193,546
|
|
|
|
|
|
|
|
|
2,799,808
|
|
|
|
|
|
|
|
|
|
|
LEISURE EQUIPMENT & PRODUCTS (1.0%)
|
|
|
|
|
|
|
|
|
Arctic Cat, Inc.
|
|
|
3,120
|
|
|
|
132,101
|
|
Brunswick Corp.
|
|
|
4,600
|
|
|
|
190,716
|
|
Callaway Golf Co.
|
|
|
4,510
|
|
|
|
36,847
|
|
JAKKS Pacific, Inc.
|
|
|
10,980
|
|
|
|
63,245
|
|
MarineMax, Inc.
(a)
|
|
|
11,030
|
|
|
|
162,692
|
|
Polaris Industries, Inc.
|
|
|
3,160
|
|
|
|
395,632
|
|
Pool Corp.
|
|
|
1,640
|
|
|
|
88,855
|
|
Sturm Ruger & Co., Inc.
|
|
|
1,800
|
|
|
|
137,106
|
|
|
|
|
|
|
|
|
1,207,194
|
|
|
|
|
|
|
|
|
|
|
LIFE SCIENCES TOOLS AND SERVICES (0.7%)
|
|
|
|
|
|
|
|
|
Affymetrix, Inc.
(a)
|
|
|
3,120
|
|
|
|
29,297
|
|
Cambrex Corp.
(a)
|
|
|
8,910
|
|
|
|
167,241
|
|
Charles River Laboratories International, Inc.
(a)
|
|
|
2,820
|
|
|
|
159,414
|
|
Covance, Inc.
(a)
|
|
|
2,620
|
|
|
|
247,747
|
|
Luminex Corp.
(a)
|
|
|
1,640
|
|
|
|
29,963
|
|
PAREXEL International Corp.
(a)
|
|
|
2,110
|
|
|
|
102,989
|
|
Techne Corp.
|
|
|
1,210
|
|
|
|
109,953
|
|
|
|
|
|
|
|
|
846,604
|
|
|
|
|
|
|
|
|
|
|
MACHINERY (4.0%)
|
|
|
|
|
|
|
|
|
3D Systems Corp.
(a)
|
|
|
5,630
|
|
|
|
437,620
|
|
Actuant Corp., Class A
|
|
|
2,720
|
|
|
|
93,079
|
|
AGCO Corp.
|
|
|
5,610
|
|
|
|
299,181
|
|
Albany International Corp., Class A
|
|
|
1,110
|
|
|
|
38,373
|
|
Applied Industrial Technologies, Inc.
|
|
|
1,380
|
|
|
|
69,745
|
|
Astec Industries, Inc.
|
|
|
2,350
|
|
|
|
87,420
|
|
Barnes Group, Inc.
|
|
|
1,750
|
|
|
|
65,520
|
|
Briggs & Stratton Corp.
|
|
|
4,880
|
|
|
|
102,822
|
|
CIRCOR International, Inc.
|
|
|
1,910
|
|
|
|
137,558
|
|
CLARCOR, Inc.
|
|
|
1,700
|
|
|
|
94,214
|
|
Crane Co.
|
|
|
1,730
|
|
|
|
109,267
|
|
Donaldson Co., Inc.
|
|
|
4,520
|
|
|
|
186,495
|
|
EnPro Industries, Inc.
(a)
|
|
|
800
|
|
|
|
58,032
|
|
Federal Signal Corp.
(a)
|
|
|
11,690
|
|
|
|
144,021
|
|
Graco, Inc.
|
|
|
3,170
|
|
|
|
220,283
|
|
Harsco Corp.
|
|
|
2,780
|
|
|
|
70,584
|
|
IDEX Corp.
|
|
|
3,740
|
|
|
|
269,318
|
|
Intevac, Inc.
(a)
|
|
|
1,720
|
|
|
|
12,762
|
|
John Bean Technologies Corp.
|
|
|
1,175
|
|
|
|
36,272
|
|
Kennametal, Inc.
|
|
|
2,780
|
|
|
|
120,485
|
|
Lincoln Electric Holdings, Inc.
|
|
|
3,690
|
|
|
|
255,348
|
|
Lindsay Manufacturing Co.
|
|
|
490
|
|
|
|
41,650
|
|
Lydall, Inc.
(a)
|
|
|
860
|
|
|
|
15,196
|
|
Mueller Industries, Inc.
|
|
|
1,830
|
|
|
|
113,899
|
|
Nordson Corp.
|
|
|
2,090
|
|
|
|
144,879
|
|
Oshkosh Truck Corp.
|
|
|
5,150
|
|
|
|
278,821
|
|
SPX Corp.
|
|
|
1,650
|
|
|
|
164,291
|
|
Tennant Co.
|
|
|
640
|
|
|
|
41,043
|
|
Terex Corp.
|
|
|
6,420
|
|
|
|
263,220
|
|
The Timken Co.
|
|
|
2,810
|
|
|
|
158,287
|
|
Titan International, Inc.
|
|
|
11,190
|
|
|
|
187,544
|
|
Toro Co.
|
|
|
1,980
|
|
|
|
125,453
|
|
Trinity Industries, Inc.
|
|
|
5,780
|
|
|
|
336,569
|
|
Valmont Industries, Inc.
|
|
|
1,010
|
|
|
|
147,844
|
|
Watts Water Technologies, Inc.
|
|
|
1,000
|
|
|
|
56,020
|
|
|
|
|
|
|
|
|
4,983,115
|
|
|
|
|
|
|
|
|
|
|
MARINE (0.5%)
|
|
|
|
|
|
|
|
|
Huntington Ingalls Industries, Inc.
|
|
|
1,840
|
|
|
|
174,837
|
|
Kirby Corp.
(a)
|
|
|
3,410
|
|
|
|
340,284
|
|
Matson, Inc.
|
|
|
3,330
|
|
|
|
79,687
|
|
|
|
|
|
|
|
|
594,808
|
|
|
|
|
|
|
|
|
|
|
MEDIA (1.0%)
|
|
|
|
|
|
|
|
|
Cinemark Holdings, Inc.
|
|
|
4,060
|
|
|
|
118,999
|
|
Digital Generation, Inc.
(a)
|
|
|
4,420
|
|
|
|
59,670
|
|
DreamWorks Animation SKG, Inc., Class A
(a)
|
|
|
3,660
|
|
|
|
123,489
|
|
Harte-Hanks, Inc.
|
|
|
2,660
|
|
|
|
18,221
|
|
Lamar Advertising Co., Class A
(a)
|
|
|
2,430
|
|
|
|
118,244
|
|
Live Nation, Inc.
(a)
|
|
|
5,492
|
|
|
|
116,815
|
|
Meredith Corp.
|
|
|
1,330
|
|
|
|
60,887
|
|
Scholastic Corp.
|
|
|
5,620
|
|
|
|
185,404
|
|
The E.W. Scripps Co., Class A
(a)
|
|
|
6,510
|
|
|
|
119,849
|
|
The New York Times Co., Class A
|
|
|
5,210
|
|
|
|
73,669
|
|
Valassis Communications, Inc.
|
|
|
4,970
|
|
|
|
168,980
|
|
Wiley John And Sons, Class A
|
|
|
1,710
|
|
|
|
92,579
|
|
|
|
|
|
|
|
|
1,256,806
|
|
|
|
|
|
|
|
|
|
|
METALS & MINING (1.9%)
|
|
|
|
|
|
|
|
|
A.M. Castle & Co.
(a)
|
|
|
9,200
|
|
|
|
126,224
|
|
AK Steel Holding Corp.
(a)
|
|
|
5,850
|
|
|
|
41,359
|
|
AMCOL International Corp.
|
|
|
850
|
|
|
|
28,960
|
|
Carpenter Technology Corp.
|
|
|
1,880
|
|
|
|
109,247
|
|
Century Aluminum Co.
(a)
|
|
|
13,430
|
|
|
|
156,728
|
|
Commercial Metals Co.
|
|
|
11,360
|
|
|
|
216,522
|
|
Compass Minerals International, Inc.
|
|
|
1,170
|
|
|
|
91,985
|
|
Gibraltar Industries, Inc.
(a)
|
|
|
5,450
|
|
|
|
97,337
|
|
Globe Specialty Metals, Inc.
|
|
|
2,640
|
|
|
|
46,147
|
|
Haynes International, Inc.
|
|
|
370
|
|
|
|
18,922
|
|
Kaiser Aluminum Corp.
|
|
|
2,210
|
|
|
|
154,280
|
|
Materion Corp.
|
|
|
5,560
|
|
|
|
147,729
|
|
Olympic Steel, Inc.
|
|
|
6,380
|
|
|
|
176,662
|
|
Reliance Steel & Aluminum Co.
|
|
|
4,210
|
|
|
|
294,490
|
|
Royal Gold, Inc.
|
|
|
2,310
|
|
|
|
129,221
|
|
RTI International Metals, Inc.
(a)
|
|
|
1,040
|
|
|
|
32,365
|
|
Steel Dynamics, Inc.
|
|
|
14,380
|
|
|
|
237,270
|
|
Stillwater Mining Co.
(a)
|
|
|
4,020
|
|
|
|
50,411
|
|
SunCoke Energy, Inc.
(a)
|
|
|
2,960
|
|
|
|
65,653
|
|
Worthington Industries, Inc.
|
|
|
4,060
|
|
|
|
164,592
|
|
|
|
|
|
|
|
|
2,386,104
|
|
|
|
|
|
|
|
|
|
|
MULTILINE RETAIL (0.4%)
|
|
|
|
|
|
|
|
|
Big Lots, Inc.
(a)
|
|
|
5,950
|
|
|
|
159,400
|
|
Fred's, Inc.
|
|
|
9,740
|
|
|
|
170,255
|
|
J.C. Penney Co., Inc.
(a)
|
|
|
15,740
|
|
|
|
93,181
|
|
The Andersons, Inc.
|
|
|
690
|
|
|
|
57,091
|
|
Tuesday Morning Corp.
(a)
|
|
|
1,560
|
|
|
|
20,498
|
|
|
|
|
|
|
|
|
500,425
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
MULTI-UTILITIES (0.9%)
|
|
|
|
|
|
|
|
|
Alliant Energy Corp.
|
|
|
4,010
|
|
|
$
|
208,359
|
|
Avista Corp.
|
|
|
4,680
|
|
|
|
134,924
|
|
Black Hills Corp.
|
|
|
1,620
|
|
|
|
88,825
|
|
MDU Resources Group, Inc.
|
|
|
6,890
|
|
|
|
220,756
|
|
OGE Energy Corp.
|
|
|
6,830
|
|
|
|
232,698
|
|
PNM Resources, Inc.
|
|
|
5,980
|
|
|
|
147,407
|
|
Vectren Corp.
|
|
|
3,150
|
|
|
|
115,038
|
|
|
|
|
|
|
|
|
1,148,007
|
|
|
|
|
|
|
|
|
|
|
OFFICE ELECTRONICS (0.1%)
|
|
|
|
|
|
|
|
|
Zebra Technologies Corp., Class A
(a)
|
|
|
1,730
|
|
|
|
95,081
|
|
|
|
|
|
|
|
|
|
|
OIL, GAS & CONSUMABLE FUELS (3.1%)
|
|
|
|
|
|
|
|
|
Alpha Natural Resources, Inc.
(a)
|
|
|
18,240
|
|
|
|
103,603
|
|
Approach Resources, Inc.
(a)
|
|
|
1,200
|
|
|
|
24,108
|
|
Arch Coal, Inc.
|
|
|
21,860
|
|
|
|
92,687
|
|
Bill Barrett Corp.
(a)
|
|
|
1,960
|
|
|
|
54,900
|
|
Carrizo Oil & Gas, Inc.
(a)
|
|
|
5,860
|
|
|
|
240,846
|
|
Cimarex Energy Co.
|
|
|
3,100
|
|
|
|
303,738
|
|
Cloud Peak Energy, Inc.
(a)
|
|
|
9,830
|
|
|
|
184,116
|
|
Comstock Resources, Inc.
|
|
|
1,740
|
|
|
|
29,841
|
|
Contango Oil & Gas Co.
(a)
|
|
|
530
|
|
|
|
22,239
|
|
Dresser-Rand Group, Inc.
(a)
|
|
|
2,740
|
|
|
|
156,180
|
|
Forest Oil Corp.
(a)
|
|
|
4,290
|
|
|
|
13,085
|
|
Green Plains Renewable Energy, Inc.
|
|
|
12,300
|
|
|
|
274,044
|
|
Gulfport Energy Corp.
(a)
|
|
|
3,780
|
|
|
|
230,391
|
|
HollyFrontier Corp.
|
|
|
10,268
|
|
|
|
475,408
|
|
Hornbeck Offshore Services, Inc.
(a)
|
|
|
1,220
|
|
|
|
52,106
|
|
Northern Oil & Gas, Inc.
(a)
|
|
|
8,480
|
|
|
|
123,299
|
|
Oil States International, Inc.
(a)
|
|
|
2,900
|
|
|
|
272,455
|
|
PDC Energy, Inc.
(a)
|
|
|
1,300
|
|
|
|
64,818
|
|
Penn Virginia Corp.
(a)
|
|
|
1,910
|
|
|
|
22,901
|
|
PetroQuest Energy, Inc.
(a)
|
|
|
3,140
|
|
|
|
12,120
|
|
Rosetta Resources, Inc.
(a)
|
|
|
4,140
|
|
|
|
176,405
|
|
SM Energy Co.
|
|
|
4,110
|
|
|
|
340,144
|
|
Stone Energy Corp.
(a)
|
|
|
6,260
|
|
|
|
193,747
|
|
Swift Energy Co.
(a)
|
|
|
11,600
|
|
|
|
143,608
|
|
World Fuel Services Corp.
|
|
|
6,210
|
|
|
|
265,291
|
|
|
|
|
|
|
|
|
3,872,080
|
|
|
|
|
|
|
|
|
|
|
PAPER & FOREST PRODUCTS (0.8%)
|
|
|
|
|
|
|
|
|
Clearwater Paper Corp.
(a)
|
|
|
1,810
|
|
|
|
103,079
|
|
Deltic Timber Corp.
|
|
|
370
|
|
|
|
23,795
|
|
Domtar Corp.
|
|
|
2,870
|
|
|
|
308,267
|
|
KapStone Paper & Packaging Corp.
(a)
|
|
|
8,860
|
|
|
|
247,814
|
|
Louisiana-Pacific Corp.
(a)
|
|
|
5,290
|
|
|
|
92,734
|
|
Neenah Paper, Inc.
|
|
|
1,440
|
|
|
|
62,554
|
|
P. H. Glatfelter & Co.
|
|
|
3,910
|
|
|
|
121,171
|
|
Wausau-Mosinee Paper Corp.
|
|
|
2,740
|
|
|
|
37,428
|
|
|
|
|
|
|
|
|
996,842
|
|
|
|
|
|
|
|
|
|
|
PERSONAL PRODUCTS (0.2%)
|
|
|
|
|
|
|
|
|
Blyth, Inc.
|
|
|
594
|
|
|
|
5,572
|
|
Helen of Troy, Ltd.
(a)
|
|
|
1,130
|
|
|
|
62,195
|
|
Prestige Brands Holdings, Inc.
(a)
|
|
|
5,360
|
|
|
|
162,193
|
|
|
|
|
|
|
|
|
229,960
|
|
|
|
|
|
|
|
|
|
|
PHARMACEUTICALS (1.7%)
|
|
|
|
|
|
|
|
|
Akorn, Inc.
(a)
|
|
|
12,430
|
|
|
|
282,161
|
|
Cubist Pharmaceuticals, Inc.
(a)
|
|
|
3,650
|
|
|
|
266,779
|
|
Endo Pharmaceuticals Holdings, Inc.
(a)
|
|
|
6,480
|
|
|
|
426,902
|
|
Hi Tech Pharmacal Co., Inc.
(a)
|
|
|
430
|
|
|
|
18,602
|
|
Impax Laboratories, Inc.
(a)
|
|
|
2,570
|
|
|
|
59,470
|
|
Mallinckrodt PLC
(a)
|
|
|
2,170
|
|
|
|
125,491
|
|
Questcor Pharmaceuticals, Inc.
|
|
|
5,820
|
|
|
|
389,998
|
|
Salix Pharmaceutical, Ltd.
(a)
|
|
|
4,460
|
|
|
|
434,136
|
|
The Medicines Co.
(a)
|
|
|
4,850
|
|
|
|
168,586
|
|
|
|
|
|
|
|
|
2,172,125
|
|
|
|
|
|
|
|
|
|
|
PROFESSIONAL SERVICES (0.4%)
|
|
|
|
|
|
|
|
|
Insperity, Inc.
|
|
|
3,250
|
|
|
|
107,315
|
|
Towers Watson & Co., Class A
|
|
|
3,050
|
|
|
|
356,606
|
|
Wageworks, Inc.
(a)
|
|
|
1,060
|
|
|
|
65,921
|
|
|
|
|
|
|
|
|
529,842
|
|
|
|
|
|
|
|
|
|
|
REAL ESTATE INVESTMENT TRUST (5.3%)
|
|
|
|
|
|
|
|
|
Acadia Realty Trust
|
|
|
2,257
|
|
|
|
57,441
|
|
Agree Realty Corp.
|
|
|
310
|
|
|
|
8,863
|
|
Alexandria Real Estate Equities, Inc.
|
|
|
2,770
|
|
|
$
|
194,260
|
|
American Assets Trust, Inc.
|
|
|
1,110
|
|
|
|
37,152
|
|
American Campus Communities, Inc.
|
|
|
3,880
|
|
|
|
134,869
|
|
Associated Estates Realty CP
|
|
|
1,280
|
|
|
|
20,441
|
|
BioMed Realty Trust, Inc.
|
|
|
5,700
|
|
|
|
111,207
|
|
BRE Properties, Inc.
|
|
|
2,800
|
|
|
|
165,480
|
|
Camden Property Trust
|
|
|
3,130
|
|
|
|
193,497
|
|
Capstead Mortgage Corp.
|
|
|
6,990
|
|
|
|
88,214
|
|
Cedar Shopping Centers, Inc.
|
|
|
5,940
|
|
|
|
37,481
|
|
Coresite Realty Corp.
|
|
|
4,720
|
|
|
|
144,810
|
|
Corporate Office Properties Trust
|
|
|
3,370
|
|
|
|
83,744
|
|
Cousins Properties, Inc.
|
|
|
5,215
|
|
|
|
56,061
|
|
DiamondRock Hospitality Co.
|
|
|
7,410
|
|
|
|
85,808
|
|
Duke Realty Corp.
|
|
|
10,230
|
|
|
|
160,713
|
|
Eastgroup Properties, Inc.
|
|
|
1,090
|
|
|
|
64,681
|
|
EPR Properties
|
|
|
1,910
|
|
|
|
97,563
|
|
Equity One, Inc.
|
|
|
1,850
|
|
|
|
41,921
|
|
Essex Property Trust, Inc.
|
|
|
1,490
|
|
|
|
235,971
|
|
Extra Space Storage, Inc.
|
|
|
4,070
|
|
|
|
185,836
|
|
Federal Realty Investment Trust
|
|
|
2,440
|
|
|
|
265,960
|
|
Franklin Street Properties Corp.
|
|
|
3,250
|
|
|
|
38,967
|
|
Getty Realty Corp.
|
|
|
810
|
|
|
|
15,390
|
|
Government Properties Income Trust
|
|
|
1,360
|
|
|
|
33,592
|
|
Healthcare Realty Trust, Inc.
|
|
|
2,800
|
|
|
|
64,176
|
|
Highwood Properties, Inc.
|
|
|
3,050
|
|
|
|
113,277
|
|
Home Properties, Inc.
|
|
|
2,170
|
|
|
|
120,978
|
|
Hospitality Properties Trust
|
|
|
5,000
|
|
|
|
128,500
|
|
Inland Real Estate Corp.
|
|
|
4,470
|
|
|
|
47,114
|
|
Kilroy Realty Corp.
|
|
|
2,960
|
|
|
|
156,288
|
|
Kite Realty Group Trust
|
|
|
6,380
|
|
|
|
41,151
|
|
LaSalle Hotel Properties
|
|
|
3,550
|
|
|
|
109,198
|
|
Lexington Corp. Properties Trust
|
|
|
6,935
|
|
|
|
74,967
|
|
Liberty Property Trust
|
|
|
5,160
|
|
|
|
187,824
|
|
LTC Properties, Inc.
|
|
|
1,060
|
|
|
|
40,227
|
|
Mack-Cali Realty Corp.
|
|
|
3,380
|
|
|
|
68,377
|
|
Medical Properties Trust, Inc.
|
|
|
6,080
|
|
|
|
80,682
|
|
Mid-America Apartment Communities, Inc.
|
|
|
2,796
|
|
|
|
180,454
|
|
National Retail Properties, Inc.
|
|
|
4,220
|
|
|
|
140,104
|
|
OMEGA Healthcare Investors, Inc.
|
|
|
5,480
|
|
|
|
175,031
|
|
Parkway Properties, Inc.
|
|
|
1,990
|
|
|
|
35,303
|
|
Pennsylvania Real Estate Investment Trust
|
|
|
2,200
|
|
|
|
41,030
|
|
Post Properties, Inc.
|
|
|
2,010
|
|
|
|
94,329
|
|
Potlatch Corp.
|
|
|
1,430
|
|
|
|
57,200
|
|
PS Business Parks, Inc.
|
|
|
800
|
|
|
|
62,856
|
|
Rayonier, Inc.
|
|
|
4,390
|
|
|
|
194,301
|
|
Realty Income Corp.
|
|
|
7,300
|
|
|
|
297,694
|
|
Regency Centers Corp.
|
|
|
3,240
|
|
|
|
155,974
|
|
Sabra Healthcare REIT, Inc.
|
|
|
6,080
|
|
|
|
175,894
|
|
Saul Centers, Inc.
|
|
|
480
|
|
|
|
22,368
|
|
Senior Housing Properties Trust
|
|
|
6,050
|
|
|
|
136,246
|
|
SL Green Realty Corp.
|
|
|
3,560
|
|
|
|
333,821
|
|
Sovran Self Storage, Inc.
|
|
|
1,170
|
|
|
|
79,455
|
|
Tanger Factory Outlet Center
|
|
|
3,240
|
|
|
|
108,151
|
|
Taubman Centers, Inc.
|
|
|
2,410
|
|
|
|
156,698
|
|
UDR, Inc.
|
|
|
8,321
|
|
|
|
202,533
|
|
Universal Health Realty Income Trust
|
|
|
470
|
|
|
|
19,928
|
|
Urstadt Biddle Properties, Inc., Class A
|
|
|
1,160
|
|
|
|
21,762
|
|
Weingarten Realty Investors
|
|
|
4,310
|
|
|
|
124,947
|
|
|
|
|
|
|
|
|
6,608,760
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
|
|
|
|
|
|
|
|
|
REAL ESTATE MANAGEMENT AND DEVELOPMENT (0.4%)
|
|
|
|
|
|
|
|
|
Alexander & Baldwin, Inc.
|
|
|
2,550
|
|
|
$
|
99,730
|
|
Forestar Group, Inc.
(a)
|
|
|
9,590
|
|
|
|
191,800
|
|
Jones Lang LaSalle, Inc.
|
|
|
1,610
|
|
|
|
183,959
|
|
|
|
|
|
|
|
|
475,489
|
|
|
|
|
|
|
|
|
|
|
ROAD & RAIL (1.5%)
|
|
|
|
|
|
|
|
|
Arkansas Best Corp.
|
|
|
890
|
|
|
|
30,518
|
|
Atmel Corp.
(a)
|
|
|
17,050
|
|
|
|
142,538
|
|
Con-way, Inc.
|
|
|
2,100
|
|
|
|
80,787
|
|
Genesee & Wyoming, Inc., Class A
(a)
|
|
|
2,550
|
|
|
|
230,367
|
|
Heartland Express, Inc.
|
|
|
2,563
|
|
|
|
53,977
|
|
J.B. Hunt Transport Services, Inc.
|
|
|
3,770
|
|
|
|
282,939
|
|
Knight Transportation, Inc.
|
|
|
2,960
|
|
|
|
63,196
|
|
Landstar System, Inc.
|
|
|
1,610
|
|
|
|
92,478
|
|
Old Dominion Freight Line, Inc.
(a)
|
|
|
4,240
|
|
|
|
229,978
|
|
Saia, Inc.
(a)
|
|
|
6,050
|
|
|
|
203,643
|
|
Wabtec Corp.
|
|
|
4,940
|
|
|
|
364,621
|
|
Werner Enterprises, Inc.
|
|
|
2,600
|
|
|
|
67,756
|
|
|
|
|
|
|
|
|
1,842,798
|
|
|
|
|
|
|
|
|
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (2.3%)
|
|
|
|
|
|
|
|
|
Advanced Energy Industries, Inc.
(a)
|
|
|
4,890
|
|
|
|
133,497
|
|
Advanced Micro Devices, Inc.
(a)
|
|
|
18,210
|
|
|
|
62,460
|
|
ATMI, Inc.
(a)
|
|
|
1,130
|
|
|
|
31,278
|
|
Brooks Automation, Inc.
|
|
|
8,170
|
|
|
|
82,925
|
|
Cabot Microelectronics Corp.
(a)
|
|
|
770
|
|
|
|
31,046
|
|
CEVA, Inc.
(a)
|
|
|
810
|
|
|
|
14,086
|
|
Cirrus Logic, Inc.
(a)
|
|
|
2,370
|
|
|
|
41,499
|
|
Cohu, Inc.
|
|
|
1,660
|
|
|
|
17,198
|
|
Cree, Inc.
(a)
|
|
|
5,350
|
|
|
|
323,247
|
|
Cypress Semiconductor Corp.
|
|
|
5,000
|
|
|
|
50,200
|
|
Diodes, Inc.
(a)
|
|
|
3,200
|
|
|
|
73,312
|
|
DSP Group, Inc.
(a)
|
|
|
1,940
|
|
|
|
17,382
|
|
Entropic Communications, Inc.
(a)
|
|
|
5,940
|
|
|
|
24,770
|
|
Exar Corp.
(a)
|
|
|
2,300
|
|
|
|
25,323
|
|
Fairchild Semiconductor International, Inc.
(a)
|
|
|
7,520
|
|
|
|
95,955
|
|
FEI Co.
|
|
|
2,190
|
|
|
|
205,247
|
|
GT Advanced Technologies, Inc.
(a)
|
|
|
5,060
|
|
|
|
51,966
|
|
Hittite Microwave Corp.
(a)
|
|
|
1,070
|
|
|
|
61,364
|
|
Integrated Device Technology, Inc.
(a)
|
|
|
6,170
|
|
|
|
59,540
|
|
International Rectifier Corp.
(a)
|
|
|
2,330
|
|
|
|
60,603
|
|
Intersil Corp., Class A
|
|
|
5,270
|
|
|
|
59,762
|
|
Kopin Corp.
(a)
|
|
|
6,100
|
|
|
|
23,424
|
|
Kulicke & Soffa Industries, Inc.
(a)
|
|
|
7,370
|
|
|
|
85,787
|
|
Micrel, Inc.
|
|
|
2,500
|
|
|
|
24,950
|
|
Microsemi Corp.
(a)
|
|
|
3,620
|
|
|
|
84,853
|
|
MKS Instruments, Inc.
|
|
|
1,440
|
|
|
|
43,387
|
|
Monolithic Power Systems, Inc.
(a)
|
|
|
1,270
|
|
|
|
41,516
|
|
Nanometrics, Inc.
(a)
|
|
|
970
|
|
|
|
16,432
|
|
Pericom Semiconductor Corp.
(a)
|
|
|
2,170
|
|
|
|
17,968
|
|
Power Integrations, Inc.
|
|
|
1,040
|
|
|
|
61,599
|
|
QLogic Corp.
(a)
|
|
|
4,280
|
|
|
|
49,520
|
|
RF Micro Devices, Inc.
(a)
|
|
|
12,820
|
|
|
|
68,331
|
|
Rubicon Technology, Inc.
(a)
|
|
|
830
|
|
|
|
9,105
|
|
Rudolph Technologies, Inc.
(a)
|
|
|
6,750
|
|
|
|
74,183
|
|
Semtech Corp.
(a)
|
|
|
2,650
|
|
|
|
60,447
|
|
Sigma Designs, Inc.
(a)
|
|
|
3,240
|
|
|
|
15,196
|
|
Silicon Laboratories, Inc.
(a)
|
|
|
1,340
|
|
|
|
63,302
|
|
Skyworks Solutions, Inc.
(a)
|
|
|
6,640
|
|
|
|
200,860
|
|
Sunedison, Inc.
(a)
|
|
|
8,440
|
|
|
|
117,400
|
|
Supertex, Inc.
(a)
|
|
|
320
|
|
|
|
8,544
|
|
Teradyne, Inc.
(a)
|
|
|
6,120
|
|
|
|
115,117
|
|
Tessera Technologies, Inc.
|
|
|
1,970
|
|
|
|
39,105
|
|
TriQuint Semiconductor, Inc.
(a)
|
|
|
6,900
|
|
|
|
57,270
|
|
Ultratech, Inc.
(a)
|
|
|
1,020
|
|
|
|
25,806
|
|
Veeco Instruments, Inc.
(a)
|
|
|
1,400
|
|
|
|
53,214
|
|
|
|
|
|
|
|
|
2,879,976
|
|
|
|
|
|
|
|
|
|
|
SOFTWARE (3.0%)
|
|
|
|
|
|
|
|
|
ACI Worldwide, Inc.
(a)
|
|
|
2,850
|
|
|
|
172,739
|
|
Advent Software, Inc.
|
|
|
2,970
|
|
|
|
97,594
|
|
ANSYS, Inc.
(a)
|
|
|
3,269
|
|
|
|
256,715
|
|
Blackbaud, Inc.
|
|
|
3,070
|
|
|
|
105,792
|
|
Cadence Design Systems, Inc.
(a)
|
|
|
11,230
|
|
|
|
158,568
|
|
CommVault Systems, Inc.
(a)
|
|
|
2,230
|
|
|
|
154,026
|
|
Compuware Corp.
|
|
|
6,720
|
|
|
|
68,141
|
|
Ebix, Inc.
|
|
|
4,610
|
|
|
|
62,604
|
|
EPIQ Systems, Inc.
|
|
|
1,695
|
|
|
|
24,340
|
|
FactSet Research Systems, Inc.
|
|
|
1,450
|
|
|
|
153,367
|
|
Fair Isaac Corp.
|
|
|
2,150
|
|
|
|
116,874
|
|
Informatica Corp.
(a)
|
|
|
3,800
|
|
|
|
153,368
|
|
Interactive Intelligence Group, Inc.
(a)
|
|
|
2,740
|
|
|
|
208,076
|
|
Jack Henry & Associates, Inc.
|
|
|
3,100
|
|
|
|
172,918
|
|
Manhattan Associates, Inc.
(a)
|
|
|
6,840
|
|
|
|
230,645
|
|
Mentor Graphics Corp.
|
|
|
7,740
|
|
|
|
160,992
|
|
MICROS Systems, Inc.
(a)
|
|
|
2,680
|
|
|
|
148,820
|
|
Monotype Imaging Holdings, Inc.
|
|
|
5,220
|
|
|
|
152,267
|
|
NetScout Systems, Inc.
(a)
|
|
|
1,420
|
|
|
|
50,154
|
|
Progress Software Corp.
(a)
|
|
|
2,030
|
|
|
|
49,065
|
|
PTC, Inc.
(a)
|
|
|
6,990
|
|
|
|
249,403
|
|
Quality Systems, Inc.
|
|
|
1,600
|
|
|
|
29,456
|
|
Solarwinds, Inc.
(a)
|
|
|
2,350
|
|
|
|
93,742
|
|
Solera Holdings, Inc.
|
|
|
2,460
|
|
|
|
164,402
|
|
Synopsys, Inc.
(a)
|
|
|
5,390
|
|
|
|
214,845
|
|
Tangoe, Inc.
(a)
|
|
|
1,140
|
|
|
|
20,782
|
|
Tyler Technologies, Inc.
(a)
|
|
|
2,160
|
|
|
|
227,772
|
|
Vasco Data Security International, Inc.
(a)
|
|
|
3,090
|
|
|
|
23,082
|
|
|
|
|
|
|
|
|
3,720,549
|
|
|
|
|
|
|
|
|
|
|
SPECIALTY RETAIL (4.3%)
|
|
|
|
|
|
|
|
|
Aaron's, Inc.
|
|
|
4,710
|
|
|
|
126,652
|
|
Abercrombie & Fitch Co., Class A
|
|
|
5,740
|
|
|
|
203,081
|
|
Advance Auto Parts, Inc.
|
|
|
2,590
|
|
|
|
297,358
|
|
Aeropostale, Inc.
(a)
|
|
|
6,450
|
|
|
|
45,473
|
|
American Eagle Outfitters, Inc.
|
|
|
6,740
|
|
|
|
91,192
|
|
Ann, Inc.
(a)
|
|
|
3,010
|
|
|
|
97,343
|
|
Ascena Retail Group, Inc.
(a)
|
|
|
7,966
|
|
|
|
149,442
|
|
Barnes & Noble, Inc.
(a)
|
|
|
1,610
|
|
|
|
21,703
|
|
Big 5 Sporting Goods Corp.
|
|
|
7,640
|
|
|
|
131,102
|
|
Cabela's, Inc.
(a)
|
|
|
1,680
|
|
|
|
112,325
|
|
Cato Corp., Class A
|
|
|
910
|
|
|
|
25,444
|
|
Chico's FAS, Inc.
|
|
|
6,490
|
|
|
|
107,734
|
|
Children's Place Retail Stores, Inc.
(a)
|
|
|
1,960
|
|
|
|
103,233
|
|
Christopher & Banks Corp.
(a)
|
|
|
9,930
|
|
|
|
70,900
|
|
Cst Brands, Inc.
|
|
|
5,600
|
|
|
|
178,808
|
|
Dick's Sporting Goods, Inc.
|
|
|
3,680
|
|
|
|
193,200
|
|
Finish Line, Inc., Class A
|
|
|
3,137
|
|
|
|
80,464
|
|
Foot Locker, Inc.
|
|
|
6,560
|
|
|
|
253,216
|
|
Francesca's Holdings Corp.
(a)
|
|
|
1,660
|
|
|
|
31,540
|
|
Genesco, Inc.
(a)
|
|
|
1,860
|
|
|
|
130,609
|
|
Group 1 Automotive, Inc.
|
|
|
3,060
|
|
|
|
187,058
|
|
Guess?, Inc.
|
|
|
2,140
|
|
|
|
60,027
|
|
Haverty Furniture Cos., Inc.
|
|
|
790
|
|
|
|
21,978
|
|
Hibbett Sports, Inc.
(a)
|
|
|
970
|
|
|
|
58,210
|
|
Jos. A. Bank Clothiers, Inc.
(a)
|
|
|
1,033
|
|
|
|
58,075
|
|
Kirkland's, Inc.
(a)
|
|
|
3,650
|
|
|
|
68,730
|
|
Lithia Motors, Inc., Class A
|
|
|
3,900
|
|
|
|
219,531
|
|
Lumber Liquidators Holdings, Inc.
(a)
|
|
|
2,170
|
|
|
|
193,108
|
|
Men's Wearhouse, Inc.
|
|
|
1,650
|
|
|
|
79,266
|
|
Movado Group, Inc.
|
|
|
2,520
|
|
|
|
95,130
|
|
Murphy USA, Inc.
(a)
|
|
|
4,050
|
|
|
|
156,897
|
|
See notes to Schedules
of Portfolio Investments.
STEWARD FUNDS
|
SCHEDULE OF PORTFOLIO INVESTMENTS - January 31, 2014 (Unaudited)
|
STEWARD SMALL-MID CAP ENHANCED INDEX FUND
|
|
|
Shares
|
|
|
Value
|
|
Office Depot, Inc.
(a)
|
|
|
19,296
|
|
|
$
|
94,357
|
|
Rent-A-Center, Inc.
|
|
|
5,790
|
|
|
|
144,403
|
|
Select Comfort Corp.
(a)
|
|
|
2,090
|
|
|
|
34,213
|
|
Signet Jewelers, Ltd.
|
|
|
2,890
|
|
|
|
229,900
|
|
Sonic Automotive, Inc., Class A
|
|
|
6,500
|
|
|
|
145,795
|
|
Stage Stores, Inc.
|
|
|
7,532
|
|
|
|
147,627
|
|
Stein Mart, Inc.
|
|
|
7,560
|
|
|
|
93,593
|
|
The Pep Boys - Manny, Moe & Jack
(a)
|
|
|
13,100
|
|
|
|
156,414
|
|
Tractor Supply Co.
|
|
|
6,020
|
|
|
|
400,390
|
|
Vitamin Shoppe, Inc.
(a)
|
|
|
1,130
|
|
|
|
50,647
|
|
Williams-Sonoma, Inc.
|
|
|
3,140
|
|
|
|
171,193
|
|
Zale Corp.
(a)
|
|
|
1,310
|
|
|
|
19,807
|
|
Zumiez, Inc.
(a)
|
|
|
760
|
|
|
|
16,355
|
|
|
|
|
|
|
|
|
5,353,523
|
|
|
|
|
|
|
|
|
|
|
TEXTILES, APPAREL & LUXURY GOODS (2.0%)
|
|
|
|
|
|
|
|
|
Brown Shoe Co., Inc.
|
|
|
5,595
|
|
|
|
132,490
|
|
Carter's, Inc.
|
|
|
2,510
|
|
|
|
168,797
|
|
Crocs, Inc.
(a)
|
|
|
6,650
|
|
|
|
102,078
|
|
Deckers Outdoor Corp.
(a)
|
|
|
3,050
|
|
|
|
237,748
|
|
Fifth & Pacific Cos., Inc.
(a)
|
|
|
4,300
|
|
|
|
123,410
|
|
G-III Apparel Group
(a)
|
|
|
620
|
|
|
|
43,381
|
|
Hanesbrands, Inc.
|
|
|
4,470
|
|
|
|
317,996
|
|
Iconix Brand Group, Inc.
(a)
|
|
|
4,990
|
|
|
|
185,628
|
|
Oxford Industries, Inc.
|
|
|
560
|
|
|
|
42,263
|
|
Perry Ellis International, Inc.
(a)
|
|
|
14,200
|
|
|
|
222,514
|
|
Quiksilver, Inc.
(a)
|
|
|
5,350
|
|
|
|
37,718
|
|
Skechers U.S.A., Inc., Class A
(a)
|
|
|
1,420
|
|
|
|
41,024
|
|
Steven Madden, Ltd.
(a)
|
|
|
4,287
|
|
|
|
139,713
|
|
The Buckle, Inc.
|
|
|
1,025
|
|
|
|
45,428
|
|
Under Armour, Inc., Class A
(a)
|
|
|
4,240
|
|
|
|
458,386
|
|
UniFirst Corp.
|
|
|
610
|
|
|
|
64,538
|
|
Wolverine World Wide, Inc.
|
|
|
6,470
|
|
|
|
180,513
|
|
|
|
|
|
|
|
|
2,543,625
|
|
|
|
|
|
|
|
|
|
|
THRIFTS & MORTGAGE FINANCE (1.0%)
|
|
|
|
|
|
|
|
|
Astoria Financial Corp.
|
|
|
9,360
|
|
|
|
123,926
|
|
Bank Mutual Corp.
|
|
|
4,850
|
|
|
|
33,174
|
|
Brookline Bancorp, Inc.
|
|
|
5,360
|
|
|
|
47,704
|
|
Dime Community Bancshares, Inc.
|
|
|
1,490
|
|
|
|
24,346
|
|
First Niagara Financial Group, Inc.
|
|
|
20,150
|
|
|
|
174,096
|
|
New York Community Bancorp, Inc.
|
|
|
19,310
|
|
|
|
312,629
|
|
Northwest Bancshares, Inc.
|
|
|
3,000
|
|
|
|
42,180
|
|
Oritani Financial Corp.
|
|
|
10,590
|
|
|
|
166,687
|
|
TrustCo Bank Corp. NY
|
|
|
3,990
|
|
|
|
26,055
|
|
Washington Federal, Inc.
|
|
|
7,920
|
|
|
|
173,290
|
|
Webster Financial Corp.
|
|
|
3,230
|
|
|
|
97,998
|
|
|
|
|
|
|
|
|
1,222,085
|
|
|
|
|
|
|
|
|
|
|
TRADING COMPANIES & DISTRIBUTORS (0.8%)
|
|
|
|
|
|
|
|
|
DXP Enterprises, Inc.
(a)
|
|
|
1,970
|
|
|
|
189,199
|
|
GATX Corp.
|
|
|
1,750
|
|
|
|
101,325
|
|
Kaman Corp., Class A
|
|
|
2,480
|
|
|
|
96,125
|
|
MSC Industrial Direct Co., Inc., Class A
|
|
|
1,760
|
|
|
|
147,875
|
|
United Rentals, Inc.
(a)
|
|
|
4,860
|
|
|
|
393,368
|
|
Watsco, Inc.
|
|
|
1,010
|
|
|
|
95,566
|
|
|
|
|
|
|
|
|
1,023,458
|
|
|
|
|
|
|
|
|
|
|
WATER UTILITIES (0.2%)
|
|
|
|
|
|
|
|
|
American States Water Co.
|
|
|
1,320
|
|
|
|
37,488
|
|
Aqua America, Inc.
|
|
|
6,012
|
|
|
|
143,987
|
|
Calgon Carbon Corp.
(a)
|
|
|
2,170
|
|
|
|
44,073
|
|
|
|
|
|
|
|
|
225,548
|
|
|
|
|
|
|
|
|
|
|
WIRELESS TELECOMMUNICATION SERVICES (0.4%)
|
|
|
|
|
|
|
|
|
Cbeyond, Inc.
(a)
|
|
|
19,750
|
|
|
|
143,385
|
|
NTELOS Holding Corp.
|
|
|
750
|
|
|
|
12,308
|
|
Telephone & Data Systems, Inc.
|
|
|
9,820
|
|
|
|
265,336
|
|
USA Mobility, Inc.
|
|
|
5,630
|
|
|
|
80,284
|
|
|
|
|
|
|
|
|
501,313
|
|
|
|
|
|
|
|
|
|
|
TOTAL COMMON STOCKS
|
|
|
|
|
|
|
124,459,416
|
|
|
|
|
|
|
|
|
|
|
MONEY MARKET FUND (0.6%)
|
|
|
|
|
|
|
|
|
Federated Government Obligations Fund, 0.01%
(b)
|
|
|
711,481
|
|
|
|
711,481
|
|
TOTAL MONEY MARKET FUND
|
|
|
|
|
|
|
711,481
|
|
|
|
|
|
|
|
|
|
|
TOTAL INVESTMENTS (COST $93,895,214) 100.1%
|
|
|
|
|
|
|
125,170,897
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES IN EXCESS OF OTHER ASSETS -0.1%
|
|
|
|
|
|
|
(28,931
|
)
|
|
|
|
|
|
|
|
|
|
NET ASSETS 100.0%
|
|
|
|
|
|
$
|
125,141,966
|
|
|
(a)
|
Represents non-income producing security.
|
|
(b)
|
Variable rate security. Rate shown represents the rate as of January 31, 2014.
|
PLC - Public Limited Company
REIT - Real Estate Investment Trust
At January 31, 2014, the cost, gross unrealized appreciation
and gross unrealized depreciation on securities, for federal income tax purposes, were as follows:
|
|
|
|
|
|
|
|
|
|
|
Net Unrealized
|
|
|
|
Tax Cost of
|
|
|
Unrealized
|
|
|
Unrealized
|
|
|
Appreciation
|
|
Fund Name
|
|
Securities
|
|
|
Appreciation
|
|
|
(Depreciation)
|
|
|
(Depreciation)
|
|
Steward Small-Mid Cap Enhanced Equity Index Fund
|
|
$
|
94,151,939
|
|
|
$
|
34,450,719
|
|
|
$
|
(3,431,761
|
)
|
|
$
|
31,018,958
|
|
See notes to Schedules
of Portfolio Investments.
Notes to Schedules of Portfolio Investments
Capstone Series Fund, Inc.
January 31, 2014
(Unaudited)
1) Portfolio Valuation:
Steward Small-Mid Cap Enhanced Index Fund
(“The Fund”) investments are recorded at fair value. In determining fair value, the Fund uses various valuation approaches.
Portfolio securities listed on a domestic or foreign exchange are valued at the last sale price on the day of valuation or, if
there was no sale that day, at the mean between the last reported bid and asked prices as of the close of trading. Equity securities
traded on NASDAQ use the official closing price, if available, and otherwise, use the last reported sale price, or the mean between
the last reported bid and asked prices if there was no sale on that day. Equity securities that are traded in the over-the-counter
market only, but that are not included on NASDAQ, are valued at the last sale price on the day of valuation. Debt securities, including
corporate bonds and U.S. government agency, mortgage-backed, and treasury obligations, with a remaining maturity of sixty days
or more are valued using market prices, if available, or a pricing service when such prices are believed to reflect fair value.
Debt securities with a remaining maturity of less than sixty days are valued at amortized cost, which approximates fair value.
Money market funds are valued at net asset value per share. All other securities and securities with no readily determinable market
values are valued at their fair value in accordance with policies and procedures adopted by the Board of Directors.
Accounting principles generally accepted
in the United States of America ("GAAP") establish a fair value hierarchy for inputs used in measuring fair value
that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable
inputs be used when available. Observable inputs are those that market participants would use in pricing the asset or liability
based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund’s assumptions about
inputs market participants would use in pricing the asset or liability developed based on the best information available in the
circumstances.
The fair value hierarchy is categorized
into three levels based on the inputs as follows:
Level 1 – quoted prices in active
markets for identical securities.
Level 2 – other significant observable
inputs other than Level 1 quoted prices (including, but not limited to, quoted prices for similar securities, interest rates, prepayments
speeds and credit risks).
Level 3 – significant unobservable
inputs (including the Fund’s own assumptions in determining the fair value of investments).
Pursuant to these valuation policies, equity
securities are generally categorized as Level 1 securities in the fair value hierarchy (unless there is a fair valuation event,
in which case affected securities are generally categorized as Level 2). Debt securities are generally categorized as Level 2 securities
in the fair value hierarchy, except that U.S. Treasury debt securities may be categorized as Level 1. Money market funds are generally
categorized as Level 1 securities in the fair value hierarchy.
The following table presents information
about the Fund’s assets measured at fair value as of January 31, 2014:
|
|
Investments in Securities
|
|
Fund Name
|
|
LEVEL 1 -
Quoted Prices
|
|
|
LEVEL 2 -
Other
Significant
Observable
Inputs
|
|
|
LEVEL 3 -
Significant
Unobservable
Inputs
|
|
|
Total
|
|
Steward Small-Mid Cap Enhanced Index Fund
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Security Type
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stocks*
|
|
$
|
124,459,416
|
|
|
$
|
–
|
|
|
$
|
–
|
|
|
$
|
124,459,416
|
|
Money Market Fund
|
|
|
711,481
|
|
|
|
–
|
|
|
|
–
|
|
|
|
711,481
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
125,170,897
|
|
|
|
–
|
|
|
|
–
|
|
|
|
125,170,897
|
|
* Please refer to the Schedule of Portfolio
Investments to view common stocks and corporate bonds segregated by industry type.
The Fund recognizes transfers between fair
value hierarchy levels at the reporting period end. There were no transfers between levels as of January 31, 2014 from those used
on April 30, 2013. The Fund did not hold any Level 3 securities during the period ended January 31, 2014.
For additional information regarding the
Fund’s valuation of investments and other significant accounting policies, please refer to the most recent annual or semi-annual
report.
2) Securities Transactions:
Portfolio security transactions are recorded
on trade date.
3) Subsequent Events:
Management has evaluated events subsequent
to January 31, 2014 and has concluded no such events require adjustment or disclosure as of January 31, 2014.
Item 2. Controls and Procedures.
|
(a)
|
The registrant's principal executive officer and principal financial officer concluded that the registrant's disclosure controls
and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the "Act")) were effective as of
a date within 90 days of the filing date of this report (the "Evaluation Date") based on their evaluation of the registrant's
disclosure controls and procedures as of the Evaluation Date.
|
|
(b)
|
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the
Investment Company Act of 1940 (17CFR 270.30a-3(d))) that occurred during the registrant's most recent fiscal quarter that have
materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
|
Item 3. Exhibits.
Certifications pursuant to Rule 30a-2(a) under the Act are attached
hereto.
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.
Registrant:
CAPSTONE SERIES FUND, INC
.
By (Signature and Title)
|
/s/ Edward L. Jaroski
|
|
|
Edward L. Jaroski, President
|
|
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.
By (Signature and Title)
|
/s/ Edward L. Jaroski
|
|
|
Edward L. Jaroski, President
|
|
By (Signature and Title)
|
/s/ Carla Homer
|
|
|
Carla Homer, Treasurer
|
|
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