# EDGAR Filing Document

**Accession Number:** 0001477491
**File Stem:** 0001162044-23-000057
**Filing Date:** 2023-1
**Character Count:** 31588
**Document Hash:** 1caa6d0cbe5388eb30e30897c2e334fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-23-000057.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001162044-23-000057

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARCHER INVESTMENT SERIES TRUST
- **CENTRAL INDEX KEY:** 0001477491
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22356
- **FILM NUMBER:** 23525646

**BUSINESS ADDRESS:**
- **STREET 1:** 11711 N. COLLEGE AVENUE
- **STREET 2:** # 200
- **CITY:** CARMEL
- **STATE:** IN
- **ZIP:** 46032
- **BUSINESS PHONE:** 3175811776

**MAIL ADDRESS:**
- **STREET 1:** 11711 N. COLLEGE AVENUE
- **STREET 2:** # 200
- **CITY:** CARMEL
- **STATE:** IN
- **ZIP:** 46032

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARCHER SERIES TRUST
- **DATE OF NAME CHANGE:** 20091124

## Series and Classes Contracts Data

### Archer Dividend Growth Fund (Series ID: S000054409)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000170898 | Archer Dividend Growth Fund | ARDGX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2022 (unaudited)** | **November 30, 2022 (unaudited)** | **November 30, 2022 (unaudited)** |
| **<u>Archer Dividend Growth Fund</u>** | **<u>Archer Dividend Growth Fund</u>** | **<u>Archer Dividend Growth Fund</u>** |
|  | **Shares or Principal** |  |
| **Security Description** | **Amount ($)** | **Fair Value ($)(1)** |
| **Common Stocks - 87.68%** | **Common Stocks - 87.68%** | **Common Stocks - 87.68%** |
| **Beverages - 2.08%** |  |  |
| PepsiCo, Inc. | 2900  | 537979  |
| **Bottled & Canned Soft Drinks Carbonated Waters - 2.69%** |  |  |
| Coca-Cola FEMSA S.A.B. de C.V. ADR Series L | 10200  | 696762  |
| **Canned, Frozen & Preserved Fruit, Veg & Food Supplies - 1.94%** |  |  |
| Kraft Heinz Co.  | 12700  | 499745  |
| **Computer & Office Equipment - 4.18%** |  |  |
| Cisco Systems, Inc. | 10300  | 512116  |
| International Business Machines Corp.  | 3800  | 565820  |
|  |  | 1077936  |
| **Construction Machinery & Equip - 2.22%** |  |  |
| Caterpillar, Inc. | 2425  | 573294  |
| **Electric & Other Services Combined - 6.19%** |  |  |
| Consolidated Edison, Inc. | 6750  | 661770  |
| Duke Energy Corp. | 5082  | 507844  |
| Exelon Corp. | 10300  | 426111  |
|  |  | 1595725  |
| **Electric Services - 8.93%** |  |  |
| American Electric Power Co., Inc. | 6450  | 624360  |
| Entergy Corp. | 4800  | 558096  |
| NRG Energy, Inc.  | 13160  | 558642  |
| Southern Co. | 8300  | 561412  |
|  |  | 2302510  |
| **Finance Services - 1.76%** |  |  |
| Hercules Capital, Inc. | 32000  | 453120  |
| **Fire, Marine & Casualty Insurance - 1.69%** |  |  |
| Progressive Corp. | 3300  | 436095  |
| **Gas & Other Services Combined- 1.80%** |  |  |
| UGI Corp.  | 12000  | 463800  |
| **Guided Missiles & Space Vehicles & Parts - 2.40%** |  |  |
| Lockheed Martin Corp. | 1275  | 618617  |
| **Independent Oil & Gas - 1.38%** |  |  |
| Devon Energy Corp. (2) | 5200  | 356304  |
| **National Commercial Banks - 5.29%** |  |  |
| JPMorgan Chase & Co. | 3650  | 504357  |
| Regions Financial Corp. | 37000  | 858770  |
|  |  | 1363127  |
| **Natural Gas Transmission - 2.33%** |  |  |
| Kinder Morgan, Inc. | 31400  | 600368  |
| **Paper Mills - 1.56%** |  |  |
| Mativ Holdings, Inc. | 19400  | 402938  |
| **Petroleum Refining- 5.09%** |  |  |
| BP PLC. ADR | 15000  | 538500  |
| Chevron Corp. | 4230  | 775401  |
|  |  | 1313901  |
| **Pharmaceutical Preparations - 15.00%** |  |  |
| AbbVie, Inc. | 6350  | 1023493  |
| Bristol Myers Squibb Co. | 6970  | 559552  |
| Johnson & Johnson | 2500  | 445000  |
| Merck & Co., Inc. | 7490  | 824799  |
| Organon & Co. | 10300  | 268006  |
| Pfizer, Inc. | 14900  | 746937  |
|  |  | 3867787  |
| **Plastic Materials, Synth Resins & Nonvulcan Elastomers- 1.25%** |  |  |
| Dow, Inc. | 6300  | 321111  |
| **Retail - Drug Stores and Proprietary Stores - 5.02%** |  |  |
| CVS Health Corp. | 6400  | 652032  |
| Walgreens Boots Alliance, Inc. | 15500  | 643250  |
|  |  | 1295282  |
| **Retail - Retail Stores - 1.24%** |  |  |
| Kohls Corp. | 10000  | 320800  |
| **Semiconductors & Related Devices - 6.04%** |  |  |
| Broadcom, Inc. | 865  | 476641  |
| Intel Corp. | 19900  | 598393  |
| Texas Instruments, Inc. | 2670  | 481828  |
|  |  | 1556862  |
| **Soap, Detergent, Cleaning Preparations, Perfumes, Cosmetics - 2.48%** |  |  |
| Procter & Gamble Co. | 4282  | 638703  |
| **Telephone Communications (No Radio Telephone) - 2.88%** |  |  |
| BCE, Inc. | 7400  | 352536  |
| Verizon Communications, Inc. (2) | 10000  | 389800  |
|  |  | 742336  |
| **Trucking & Courier Services (No Air) - 2.24%** |  |  |
| United Parcel Service, Inc. Class B | 3050  | 578677  |
| Total Common Stock | (Cost $17,238,432) | 22613779  |
| **Real Estate Investment Trusts - 7.73%** | **Real Estate Investment Trusts - 7.73%** | **Real Estate Investment Trusts - 7.73%** |
| Crown Castle International Corp. | 2700  | 381861  |
| Digital Realty Trust, Inc. | 3400  | 382364  |
| Iron Mountain, Inc. | 12000  | 651960  |
| W. P. Carey, Inc. | 7320  | 576816  |
| Total Real Estate Investment Trusts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,468,688) | 1993001  |
| **Money Market Registered Investment Companies - 4.24%** | **Money Market Registered Investment Companies - 4.24%** | **Money Market Registered Investment Companies - 4.24%** |
| Federated Treasury Obligation Fund - Institutional Shares - 3.66% (3) | 1093593  | 1093593  |
| Total Money Market Registered Investment Companies | (Cost $1,093,593) | 1093593  |
| **Total Investments - 99.65%** | (Cost $19,800,713) | 25700373  |
| Other Assets less Liabilities - .35% |  | 90841  |
| Total Net Assets - 100.00% |  | 25791214  |
| (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of November 30, 2022 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of November 30, 2022 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of November 30, 2022 in valuing the Fund's assets carried at fair value: |
|  | Investments in  | Other Financial |
| Valuation Inputs | Securities | Instruments |
| Level 1 - Quoted Prices | $25700373 | $0  |
| Level 2 - Other Significant Observable Inputs | 0 | - |
| Level 3 - Significant Unobservable Inputs | - | - |
| Total | $25700373 | $0  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. |
| (2) Represents non-income producing securities. | (2) Represents non-income producing securities. | (2) Represents non-income producing securities. |
| (3) Variable rate security; the coupon rate shown represents the yield at November 30, 2022 | (3) Variable rate security; the coupon rate shown represents the yield at November 30, 2022 | (3) Variable rate security; the coupon rate shown represents the yield at November 30, 2022 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ARCHER INVESTMENT SERIES TRUST

- **b. Investment Company Act file number:** 811-22356

- **c. CIK number of Registrant:** 0001477491

- **d. LEI of Registrant:** 549300ULDSJ2RHNW9957

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 11711 N. College Ave., #200

  - **City:** Carmel

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46032

  - **Telephone number:** 317-581-1300

**Item A.2. Information about the Series.**

- **a. Name of Series:** Archer Dividend Growth Fund

- **b. EDGAR series identifier (if any):** S000054409

- **c. LEI of Series:** 549300NCXVQW5UEX0U46

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $25825351.09

**Total Liabilities:** $34137.52

**Net Assets:** $25791213.57

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000170898 | -8.95%               | 9.80%                | 6.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-99125.66               | $-2116379.44                               |
| Month 2  | $0.00                    | $2107806.91                                |
| Month 3  | $0.00                    | $1409356.73                                |

### Schedule of Portfolio Investments

| Name                                            | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie, Inc.                                    | AbbVie, Inc.                                              | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      6350 | NS      | $1023493.00   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.               | American Electric Power Co., Inc.                         | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |      6450 | NS      | $624360.00    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE, Inc.                                       | BCE, Inc.                                                 | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |      7400 | NS      | $352536.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                          | BP PLC. ADR                                               | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |     15000 | NS      | $538500.00    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol Myers Squibb Co.                        | Bristol Myers Squibb Co.                                  | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      6970 | NS      | $559551.60    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                  | Broadcom, Inc.                                            | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       865 | NS      | $476640.95    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                                | CVS Health Corp.                                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      6400 | NS      | $652032.00    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                               | Caterpillar, Inc.                                         | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2425 | NS      | $573294.25    | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                   | Chevron Corp.                                             | CUSIP: 166764100<br>LEI: 549300VVH8HHFMWL8536 | Long             | EC               | CORP              | US        |      4230 | NS      | $775401.30    | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                             | Cisco Systems, Inc.                                       | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |     10300 | NS      | $512116.00    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola FEMSA, S.A.B. de C.V.                 | Coca-Cola FEMSA S.A.B. de C.V. ADR Series L               | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |     10200 | NS      | $696762.00    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                       | Consolidated Edison, Inc.                                 | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      6750 | NS      | $661770.00    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                | Crown Castle International Corp.                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      2700 | NS      | $381861.00    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                              | Devon Energy Corp.                                        | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      5200 | NS      | $356304.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                      | Digital Realty Trust, Inc.                                | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      3400 | NS      | $382364.00    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow, Inc.                                       | Dow, Inc.                                                 | CUSIP: 260543103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |      6300 | NS      | $321111.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                               | Duke Energy Corp.                                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      5082 | NS      | $507844.26    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                   | Entergy Corp.                                             | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      4800 | NS      | $558096.00    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                    | Exelon Corp.                                              | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     10300 | NS      | $426111.00    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Money Market Obligations Trust | Federated Treasury Obligation Fund - Institutional Shares | CUSIP: 60934N500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   1093593 | NS      | $1093592.97   | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hercules Capital, Inc.                          | Hercules Capital, Inc.                                    | CUSIP: 427096508<br>LEI: 549300UJ5OC256GR2B73 | Long             | EC               | CORP              | US        |     32000 | NS      | $453120.00    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp.                                     | Intel Corp.                                               | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     19900 | NS      | $598393.00    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.           | International Business Machines Corp.                     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      3800 | NS      | $565820.00    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                             | Iron Mountain, Inc.                                       | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     12000 | NS      | $651960.00    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                            | JPMorgan Chase & Co.                                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3650 | NS      | $504357.00    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                               | Johnson & Johnson                                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2500 | NS      | $445000.00    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                             | Kinder Morgan, Inc.                                       | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     31400 | NS      | $600368.00    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohls Corp.                                     | Kohls Corp.                                               | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     10000 | NS      | $320800.00    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co.                                 | Kraft Heinz Co.                                           | CUSIP: 500754106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12700 | NS      | $499745.00    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                           | Lockheed Martin Corp.                                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1275 | NS      | $618617.25    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings, Inc.                            | Mativ Holdings, Inc.                                      | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |     19400 | NS      | $402938.00    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                               | Merck & Co., Inc.                                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      7490 | NS      | $824798.80    | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                | NRG Energy, Inc.                                          | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     13160 | NS      | $558642.00    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co.                                   | Organon & Co.                                             | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |     10300 | NS      | $268006.00    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                   | PepsiCo, Inc.                                             | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      2900 | NS      | $537979.00    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                                    | Pfizer, Inc.                                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     14900 | NS      | $746937.00    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co.                            | Procter & Gamble Co.                                      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      4282 | NS      | $638703.12    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp.                               | Progressive Corp.                                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      3300 | NS      | $436095.00    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp.                         | Regions Financial Corp.                                   | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     37000 | NS      | $858770.00    | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                    | Southern Co.                                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      8300 | NS      | $561412.00    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                         | Texas Instruments, Inc.                                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      2670 | NS      | $481828.20    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp.                                       | UGI Corp.                                                 | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     12000 | NS      | $463800.00    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                     | United Parcel Service, Inc. Class B                       | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      3050 | NS      | $578676.50    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications, Inc.                    | Verizon Communications, Inc.                              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     10000 | NS      | $389800.00    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| W.P. Carey, Inc.                                | W.P. Carey, Inc.                                          | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |      7320 | NS      | $576816.00    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                  | Walgreens Boots Alliance, Inc.                            | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     15500 | NS      | $643250.00    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-11-30

**Name of Applicant:** Archer Investment Series Trust

**Signature:** /s/ Troy C. Patton

**Name of Signer:** Troy C. Patton

**Title:** President