# EDGAR Filing Document

**Accession Number:** 0001556505
**File Stem:** 0000910472-26-006384
**Filing Date:** 2026-5
**Character Count:** 100953
**Document Hash:** d6ef3fa9f5239b4a9ef0cde8c7da74c8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-006384.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0000910472-26-006384

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260507

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors Preferred Trust
- **CENTRAL INDEX KEY:** 0001556505

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22756
- **FILM NUMBER:** 26955407

**BUSINESS ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** SUITE 530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 2402231998

**MAIL ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** SUITE 530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

## Series and Classes Contracts Data

### Quantified Eckhardt Managed Futures Strategy Fund (Series ID: S000087591)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000253434 | Quantified Eckhardt Managed Futures Strategy Fund Advisor Class  |  |
| C000253435 | Quantified Eckhardt Managed Futures Strategy Fund Investor Class |  |

## Nport-Ex

+

O c

---

| | | |
|:---|:---|:---|
| **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 9.9%** |  |
|  | **ASSET MANAGEMENT - 0.3%** |  |
| 8823 | Federated Hermes, Inc., Class B | &nbsp;&nbsp;&nbsp; $500352 |
|  | **BEVERAGES - 0.7%** |  |
| 6932 | Coca-Cola Company | &nbsp;&nbsp;&nbsp; 527179 |
| 3446 | PepsiCo, Inc. | &nbsp;&nbsp;&nbsp; 535129 |
|  |  | &nbsp;&nbsp; 1062308 |
|  | **COMMERCIAL SUPPORT SERVICES - 0.7%** |  |
| 2917 | Cintas Corporation | &nbsp;&nbsp;&nbsp; 493381 |
| 2296 | Waste Management, Inc. | &nbsp;&nbsp;&nbsp; 527598 |
|  |  | &nbsp;&nbsp; 1020979 |
|  | **CONSUMER SERVICES - 0.4%** |  |
| 6579 | Service Corp International | &nbsp;&nbsp;&nbsp; 542833 |
|  | **DIVERSIFIED INDUSTRIALS - 0.3%** |  |
| 1909 | Illinois Tool Works, Inc. | &nbsp;&nbsp;&nbsp; 496894 |
|  | **ELECTRICAL EQUIPMENT - 0.3%** |  |
| 3529 | Allegion plc | &nbsp;&nbsp;&nbsp; 512728 |
|  | **HOUSEHOLD PRODUCTS - 0.7%** |  |
| 6130 | Colgate-Palmolive Company | &nbsp;&nbsp;&nbsp; 522460 |
| 3621 | Procter & Gamble Company | &nbsp;&nbsp;&nbsp; 523017 |
|  |  | &nbsp;&nbsp; 1045477 |
|  | **INDUSTRIAL INTERMEDIATE PROD - 0.3%** |  |
| 4575 | Mueller Industries, Inc. | &nbsp;&nbsp;&nbsp; 506910 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 0.3%** |  |
| 6571 | SEI Investments Company | &nbsp;&nbsp;&nbsp; 515626 |
|  | **INSURANCE - 1.4%** |  |
| 4884 | Aflac, Inc. | &nbsp;&nbsp;&nbsp; 535824 |
| 4051 | American Financial Group, Inc. | &nbsp;&nbsp;&nbsp; 517353 |
| 5465 | Arch Capital Group Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 524585 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 9.9% (Continued)** |  |
|  | **INSURANCE - 1.4% (Continued)** |  |
| 3746 | Globe Life, Inc. | &nbsp;&nbsp;&nbsp; $521331 |
|  |  | &nbsp;&nbsp; 2099093 |
|  | **MACHINERY - 0.3%** |  |
| 5706 | Veralto Corporation | &nbsp;&nbsp;&nbsp; 504525 |
|  | **MORTGAGE FINANCE - 0.3%** |  |
| 23287 | Annaly Capital Management, Inc. | &nbsp;&nbsp;&nbsp; 492520 |
|  | **REAL ESTATE INVESTMENT TRUSTS - 0.3%** |  |
| 44735 | Ellington Financial, Inc. | &nbsp;&nbsp;&nbsp; 530110 |
|  | **RETAIL - DISCRETIONARY - 0.6%** |  |
| 2333 | Ross Stores, Inc. | &nbsp;&nbsp;&nbsp; 505397 |
| 3114 | TJX Companies, Inc. | &nbsp;&nbsp;&nbsp; 497306 |
|  |  | &nbsp;&nbsp; 1002703 |
|  | **RETAIL REIT - 0.4%** |  |
| 2888 | Simon Property Group, Inc. | &nbsp;&nbsp;&nbsp; 538699 |
|  | **SOFTWARE - 0.3%** |  |
| 1390 | Microsoft Corporation | &nbsp;&nbsp;&nbsp; 514536 |
|  | **SPECIALTY REITS - 0.3%** |  |
| 3851 | Lamar Advertising Company, Class A | &nbsp;&nbsp;&nbsp; 487768 |
|  | **TECHNOLOGY HARDWARE - 0.7%** |  |
| 2063 | Apple, Inc. | &nbsp;&nbsp;&nbsp; 523569 |
| 1211 | Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp; 525538 |
|  |  | &nbsp;&nbsp; 1049107 |
|  | **TECHNOLOGY SERVICES - 0.6%** |  |
| 2437 | Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp; 495150 |
| 1022 | Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp; 510653 |
|  |  | &nbsp;&nbsp; 1005803 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 9.9% (Continued)** |  |
|  | **TRANSPORTATION & LOGISTICS - 0.3%** |  |
| 2086 | Union Pacific Corporation | &nbsp;&nbsp;&nbsp; $506105 |
|  | **WHOLESALE - CONSUMER STAPLES - 0.4%** |  |
| 7472 | Sysco Corporation | &nbsp;&nbsp;&nbsp; 532978 |
|  | **TOTAL COMMON STOCKS (Cost $16,048,195)** | &nbsp;&nbsp; 15468054 |
|  | **EXCHANGE-TRADED FUNDS — 74.4%** |  |
|  | **ENERGY MLP FUND - 4.7%** |  |
| 139680 | Alerian MLP ETF, USD Class<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 7352755 |
|  | **FIXED INCOME - 62.9%** |  |
| 511065 | Invesco Emerging Markets Sovereign Debt ETF<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 10681259 |
| 410623 | iShares 1-3 Year Treasury Bond ETF<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 33905141 |
| 65347 | iShares 20+ Year Treasury Bond ETF | &nbsp;&nbsp;&nbsp; 5664931 |
| 151885 | iShares 7-10 Year Treasury Bond ETF | &nbsp;&nbsp;&nbsp; 14495904 |
| 49149 | iShares Floating Rate Bond ETF | &nbsp;&nbsp;&nbsp; 2504142 |
| 53155 | iShares MBS ETF | &nbsp;&nbsp;&nbsp; 5047067 |
| 26993 | PIMCO 0-5 Year High Yield Corporate Bond Index ETF | &nbsp;&nbsp;&nbsp; 2517637 |
| 102425 | ProShares Short 20+ Year Treasury ETF<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 2481758 |
| 122608 | State Street SPDR Bloomberg Convertible Securities ETF<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 11221084 |
| 110894 | State Street SPDR Nuveen ICE Municipal Bond ETF | &nbsp;&nbsp;&nbsp; 5027934 |
| 108254 | VanEck Intermediate Muni ETF<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 5026233 |
|  |  | &nbsp;&nbsp; 98573090 |
|  | **LARGE CAP FUND - 6.8%** |  |
| 119668 | WisdomTree US LargeCap Dividend Fund | &nbsp;&nbsp;&nbsp; 10689943 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $117,175,229)** | &nbsp;&nbsp; 116615788 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** | **QUANTIFIED MANAGED INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENTS — 14.5%** |  |  |  |
|  | **MONEY MARKET FUNDS - 14.5%** |  |  |  |
| 11359514 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; $11359514 |
| 11359513 | First American Government Obligations Fund, Class Z, 3.53%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 11359513 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $22,719,027)** | **TOTAL MONEY MARKET FUNDS (Cost $22,719,027)** |  | &nbsp;&nbsp; 22719027 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $22,719,027)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $22,719,027)** |  | 22719027 |
| **Units** |  |  |  |  |
|  | **COLLATERAL FOR SECURITIES LOANED — 22.7%** |  |  |  |
| 35510324 | Mount Vernon Liquid Assets Portfolio, LLC, 3.78%<sup>(b),(d),(e)</sup> |  |  | &nbsp;&nbsp;&nbsp; 35510324 |
|  | **TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $35,510,324)** |  |  |  |
|  | **TOTAL INVESTMENTS – 121.5% (Cost $191,452,775)** |  |  | &nbsp;&nbsp;&nbsp; $190313193 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS – (21.5)%** |  |  | &nbsp;&nbsp; (33617069) |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $156696124 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Short Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized Appreciation (Depreciation)** |
| 24 | CME E-Mini Standard & Poor's 500 Index Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; $7884900 | &nbsp;&nbsp;&nbsp; $142423 |
| 203 | Ultra U.S. Treasury Bond Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; 23662188 | &nbsp;&nbsp;&nbsp; (76126) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | &nbsp;&nbsp; $66297 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| LTD | - Limited Company |
| PLC | - Public Limited Company |
| REIT | - Real Estate Investment Trust |
| SPDR | - Standard & Poor's Depositary Receipt |

---

---

| | |
|:---|:---|
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026. |
| <sup>(c)</sup><br> <sup>(d)</sup><br> <sup>(e)</sup> | All or portion of the security is on loan. Total loaned securities had a value of $34,998,345 at March 31, 2026.<br> Security purchased with cash proceeds of securities lending collateral; daily liquidity, money market type fund that seeks current income and stable net asset value.<br> Investment is valued using net asset value per share as a practical expedient.<br>|

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED MARKET LEADERS FUND** | **QUANTIFIED MARKET LEADERS FUND** | **QUANTIFIED MARKET LEADERS FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 97.0%** |  |
|  | **EQUITY - 24.3%** |  |
| 12998 | iShares Russell 1000 Value ETF | &nbsp;&nbsp;&nbsp; $2777283 |
| 38288 | iShares Russell Mid-Cap Value ETF | &nbsp;&nbsp;&nbsp; 5580093 |
| 146137 | State Street Energy Select Sector SPDR ETF | &nbsp;&nbsp;&nbsp; 8952352 |
|  |  | &nbsp;&nbsp; 17309728 |
|  | **INTERNATIONAL EQUITIES - 2.7%** |  |
| 34498 | iShares MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp; 1959141 |
|  | **SMALL CAP VALUE - 0.5%** |  |
| 1796 | iShares Russell 2000 Value ETF | &nbsp;&nbsp;&nbsp; 340504 |
|  | **U.S. LARGE CAP EQUITIES - 69.5%** |  |
| 76235 | State Street SPDR S&P 500 ETF Trust<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 49578670 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $68,799,573)** | &nbsp;&nbsp; 69188043 |
|  | **SHORT-TERM INVESTMENTS — 3.2%** |  |
|  | **MONEY MARKET FUNDS - 3.2%** |  |
| 1145114 | Fidelity Government Portfolio, Class I, 3.52%<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1145114 |
| 1145113 | First American Government Obligations Fund, Class Z, 3.53%<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1145113 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $2,290,227)** | &nbsp;&nbsp; 2290227 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $2,290,227)** | 2290227 |
| **Units** |  |  |
|  | **COLLATERAL FOR SECURITIES LOANED — 39.4%** |  |
| 28117548 | Mount Vernon Liquid Assets Portfolio, LLC, 3.78%<sup>(a),(c),(d)</sup> | &nbsp;&nbsp;&nbsp; 28117548 |
|  | **TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $28,117,548)** |  |
|  | **TOTAL INVESTMENTS – 139.6% (Cost $99,207,348)** | &nbsp;&nbsp;&nbsp; $99595818 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (39.6)%** | &nbsp;&nbsp; (28240610) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $71355208 |

---

---

| |
|:---|
| **QUANTIFIED MARKET LEADERS FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| MSCI | - Morgan Stanley Capital International |
| SPDR | - Standard & Poor's Depositary Receipt |

---

---

| | |
|:---|:---|
| <sup>(a)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026. |
| <sup>(b)</sup><br> <sup>(c)</sup><br> <sup>(d)</sup> | All or portion of the security is on loan. Total loaned securities had a value of $28,361,327 at March 31, 2026.<br> Security purchased with cash proceeds of securities lending collateral; daily liquidity, money market type fund that seeks current income and stable net asset value.<br> Investment is valued using net asset value per share as a practical expedient.<br>|

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN SWAPS** | **TOTAL RETURN SWAPS** |  |  |  |  |  |
| Number of Shares | Reference Entity | Notional Amount at<br> March 31, 2026 | Interest Rate Payable <sup>(1),(2)</sup> | Termination Date | Counterparty | Unrealized Appreciation |
| Long Position: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11800 | iShares Russell 2000 Value ETF | $2237162 | USD SOFR plus 60 bp | 4/29/2027 | BRC | $51330 |
|  | BRC - Barclays Capital |  |  |  | Total: | $51330 |
|  | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate |  |  |  |  |
|  | LIBOR - London Interbank Offered Rate | LIBOR - London Interbank Offered Rate |  |  |  |  |
| <sup>(1)</sup> | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. |
| <sup>(2)</sup> | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. |

---

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| | | |
|:---|:---|:---|
| **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 64.6%** |  |
|  | **ALTERNATIVE - 12.4%** |  |
| 1581 | Convergence Long/short Equity ETF | &nbsp;&nbsp;&nbsp; $44489 |
| 7562 | First Trust Alternative Absolute Return Strategy ETF | &nbsp;&nbsp;&nbsp; 255196 |
| 18329 | iMGP DBi Managed Futures Strategy ETF | &nbsp;&nbsp;&nbsp; 552620 |
| 355 | IndexIQ ETF Trust - IQ Hedge Multi-Strategy | &nbsp;&nbsp;&nbsp; 12113 |
| 8058 | Simplify Managed Futures Strategy ETF | &nbsp;&nbsp;&nbsp; 243513 |
|  |  | &nbsp;&nbsp; 1107931 |
|  | **COMMODITY - 3.8%** |  |
| 949 | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | &nbsp;&nbsp;&nbsp; 23051 |
| 653 | Amplify Junior Silver Miners ETF | &nbsp;&nbsp;&nbsp; 19407 |
| 2551 | First Trust Global Tactical Commodity Strategy ETF | &nbsp;&nbsp;&nbsp; 73239 |
| 1351 | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | &nbsp;&nbsp;&nbsp; 23399 |
| 2735 | iShares Bloomberg Roll Select Commodity Strategy ETF | &nbsp;&nbsp;&nbsp; 162514 |
| 829 | iShares Gold Trust Micro<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38714 |
| 98 | iShares GSCI Commodity Dynamic Roll Strategy ETF<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 3314 |
|  |  | &nbsp;&nbsp; 343638 |
|  | **EQUITY - 35.7%** |  |
| 1532 | Aptus Collared Investment Opportunity ETF | &nbsp;&nbsp;&nbsp; 64283 |
| 6242 | Fidelity High Dividend ETF | &nbsp;&nbsp;&nbsp; 344808 |
| 1733 | Fidelity MSCI Energy Index ETF <sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 58957 |
| 8015 | First Trust Global Wind Energy ETF | &nbsp;&nbsp;&nbsp; 198291 |
| 3340 | FlexShares Global Upstream Natural Resources Index Fund | &nbsp;&nbsp;&nbsp; 184234 |
| 4009 | Franklin International Low Volatility High Dividend Index ETF | &nbsp;&nbsp;&nbsp; 162525 |
| 2092 | Global X Adaptive US Factor ETF | &nbsp;&nbsp;&nbsp; 101148 |
| 227 | Global X Lithium & Battery Tech ETF | &nbsp;&nbsp;&nbsp; 16877 |
| 325 | Global X Silver Miners ETF | &nbsp;&nbsp;&nbsp; 29276 |
| 413 | Invesco DWA Energy Momentum ETF | &nbsp;&nbsp;&nbsp; 24595 |
| 1083 | Invesco Solar ETF<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 60334 |
| 677 | Invesco WilderHill Clean Energy ETF | &nbsp;&nbsp;&nbsp; 21380 |
| 1841 | iShares Global Clean Energy ETF | &nbsp;&nbsp;&nbsp; 33672 |
| 6896 | iShares Global Energy ETF | &nbsp;&nbsp;&nbsp; 397279 |
| 3596 | iShares MSCI USA Small-Cap Min Vol Factor ETF | &nbsp;&nbsp;&nbsp; 156847 |
| 323 | iShares North American Natural Resources ETF | &nbsp;&nbsp;&nbsp; 20330 |
| 291 | iShares Residential and Multisector Real Estate ETF | &nbsp;&nbsp;&nbsp; 24214 |
| 2009 | iShares U.S. Energy ETF<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 130123 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 64.6% (Continued)** |  |
|  | **EQUITY - 35.7% (Continued)** |  |
| 1366 | iShares U.S. Oil Equipment & Services ETF | &nbsp;&nbsp;&nbsp; $39546 |
| 1532 | SPDR S&P Global Natural Resources ETF | &nbsp;&nbsp;&nbsp; 114394 |
| 349 | SPDR S&P Oil & Gas Exploration & Production ETF | &nbsp;&nbsp;&nbsp; 63459 |
| 430 | State Street SPDR Global Dow ETF | &nbsp;&nbsp;&nbsp; 72905 |
| 4772 | State Street SPDR S&P Emerging Markets Dividend ETF<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 188399 |
| 831 | State Street SPDR S&P Kensho Clean Power ETF | &nbsp;&nbsp;&nbsp; 75056 |
| 2250 | VanEck Natural Resources ETF<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 163057 |
| 76 | VanEck Oil Services ETF | &nbsp;&nbsp;&nbsp; 30720 |
| 1610 | VanEck Rare Earth/Strategic Metals ETF | &nbsp;&nbsp;&nbsp; 141680 |
| 2681 | WisdomTree US LargeCap Dividend Fund | &nbsp;&nbsp;&nbsp; 239494 |
| 623 | WisdomTree US LargeCap Fund | &nbsp;&nbsp;&nbsp; 42432 |
|  |  | &nbsp;&nbsp; 3200315 |
|  | **FIXED INCOME - 12.7%** |  |
| 10666 | Invesco Variable Rate Preferred ETF<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 255771 |
| 4369 | iShares Convertible Bond ETF | &nbsp;&nbsp;&nbsp; 444721 |
| 3961 | iShares Short Duration Bond Active ETF | &nbsp;&nbsp;&nbsp; 201357 |
| 2624 | State Street SPDR Bloomberg Convertible Securities ETF<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 240148 |
|  |  | &nbsp;&nbsp; 1141997 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $5,776,484)** | &nbsp;&nbsp; 5793881 |
|  | **PRIVATE INVESTMENT FUNDS — 9.9%** |  |
|  | **PRIVATE INVESTMENT FUNDS - 9.9%** |  |
| N/A | Hyperion Fund LLC<sup>(c),(f)</sup> | &nbsp;&nbsp;&nbsp; 886873 |
|  | **TOTAL PRIVATE INVESTMENT FUNDS (Cost $792,900)** | &nbsp;&nbsp; 886873 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** | **QUANTIFIED ALTERNATIVE INVESTMENT FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENTS — 24.3%** |  |  |  |
|  | **MONEY MARKET FUNDS - 24.3%** |  |  |  |
| 1089455 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; $1089455 |
| 1089455 | First American Government Obligations Fund, Class Z, 3.53%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 1089455 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $2,178,910)** | **TOTAL MONEY MARKET FUNDS (Cost $2,178,910)** |  | &nbsp;&nbsp; 2178910 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $2,178,910)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $2,178,910)** |  | 2178910 |
| **Units** |  |  |  |  |
|  | **COLLATERAL FOR SECURITIES LOANED — 9.1%** |  |  |  |
| 816410 | Mount Vernon Liquid Assets Portfolio, LLC, 3.78%<sup>(b),(e),(f)</sup> |  |  | &nbsp;&nbsp;&nbsp; 816410 |
|  | **TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $816,410)** |  |  |  |
|  | **TOTAL INVESTMENTS – 107.9% (Cost $9,564,704)** |  |  | &nbsp;&nbsp;&nbsp; $9676074 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (7.9)%** |  |  | &nbsp;&nbsp; (707376) |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $8968698 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized (Depreciation)** |
| 1 | CME E-Mini NASDAQ 100 Index Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; $478300 | &nbsp;&nbsp;&nbsp; $(19615) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Short Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized (Depreciation)** |
| 8 | Ultra U.S. Treasury Bond Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; $932500 | &nbsp;&nbsp;&nbsp; $(3250) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| LLC | - Limited Liability Company |
| MSCI | - Morgan Stanley Capital International |
| SPDR | - Standard & Poor's Depositary Receipt |

---

---

| | |
|:---|:---|
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup><br> <sup>(c)</sup><br><sup>(d)</sup><br> <sup>(e)</sup><br> <sup>(f)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026.<br> Hyperion Fund LLC - ("Hyperion'') investment objective is to achieve capital growth through the speculative trading of financial instruments on U.S. futures exchanges. Hyperion has no unfunded commitments or redemption lock-up period, as the investment offers daily redemptions. However, Hyperion may temporarily suspend redemptions in certain limited circumstances.<br> All or portion of the security is on loan. Total loaned securities had a value of $805,515 at March 31, 2026.<br> Security purchased with cash proceeds of securities lending collateral; daily liquidity, money market type fund that seeks current income and stable net asset value.<br> Investment is valued using net asset value per share as a practical expedient. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED STF FUND** | **QUANTIFIED STF FUND** | **QUANTIFIED STF FUND** | **QUANTIFIED STF FUND** | **QUANTIFIED STF FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  | **Fair Value** |
|  | **PRIVATE INVESTMENT FUND — 9.5%** |  |  |  |
|  | **PRIVATE INVESTMENT - 9.5%** |  |  |  |
| N/A | Galaxy Plus Fund LLC - Profit Score Regime - Adaptive Equity Feeder Fund<sup>(a),(c)</sup> |  |  | &nbsp;&nbsp;&nbsp; $16980914 |
|  | **TOTAL PRIVATE INVESTMENT FUND (Cost $16,415,017)** |  |  | &nbsp;&nbsp; 16980914 |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** |  |
|  | **CERTIFICATE OF DEPOSIT — 2.2%** |  |  |  |
|  | **BANKING - 2.2%** |  |  |  |
| 1000000 | Ally Bank | 3.7500 | &nbsp;&nbsp;&nbsp;09/27/27 | &nbsp;&nbsp;&nbsp; 998201 |
| 1000000 | Axos Bank | 3.8000 | &nbsp;&nbsp;&nbsp;04/02/27 | &nbsp;&nbsp;&nbsp; 999253 |
| 1000000 | ESSA Bank & Trust | 3.7000 | &nbsp;&nbsp;&nbsp;09/25/26 | &nbsp;&nbsp;&nbsp; 998834 |
| 1000000 | Texas Exchange Bank SSB | 3.6500 | &nbsp;&nbsp;&nbsp;03/26/27 | &nbsp;&nbsp;&nbsp; 997643 |
|  |  |  |  | &nbsp;&nbsp; 3993931 |
|  | **TOTAL CERTIFICATE OF DEPOSIT (Cost $4,000,000)** |  |  | &nbsp;&nbsp; 3993931 |
| **Shares** |  |  |  |  |
|  | **SHORT-TERM INVESTMENTS — 87.6%** |  |  |  |
|  | **MONEY MARKET FUNDS - 87.6%** |  |  |  |
| 78573200 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 78573200 |
| 78573199 | First American Government Obligations Fund, Class Z, 3.53%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 78573199 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $157,146,399)** | **TOTAL MONEY MARKET FUNDS (Cost $157,146,399)** |  | &nbsp;&nbsp; 157146399 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $157,146,399)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $157,146,399)** |  | 157146399 |
|  | **TOTAL INVESTMENTS - 99.3% (Cost $177,561,416)** |  |  | &nbsp;&nbsp;&nbsp; $178121244 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.7%** |  |  | &nbsp;&nbsp; 1287750 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $179408994 |

---

LLC - Limited Liability Company <br>

<sup>(a)</sup> Galaxy Plus Fund LLC - Profit Score Regime - Adaptive Equity Feeder Fund (the "Feeder") effectuates its trading strategy through the Galaxy Plus Fund - Profit Score Regime - Adaptive Equity Master Fund (570) LLC (the "Master Fund"). The trading strategy of the Master Fund is a highly liquid, systematic program trading S&P 500 E-Mini Futures. Quantified STF Fund invests into the Feeder and then the Feeder invests in the Master.

<sup>(b)</sup> Rate disclosed is the seven-day effective yield as of March 31, 2026.

<sup>(c)</sup> Investment is valued using net asset value per share as a practical expedient. 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED PATTERN RECOGNITION FUND** | **QUANTIFIED PATTERN RECOGNITION FUND** | **QUANTIFIED PATTERN RECOGNITION FUND** | **QUANTIFIED PATTERN RECOGNITION FUND** | **QUANTIFIED PATTERN RECOGNITION FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUND — 0.3%** |  |  |  |
|  | **EQUITY - 0.3%** |  |  |  |
| 300 | State Street SPDR S&P 500 ETF Trust |  |  | &nbsp;&nbsp;&nbsp; $195102 |
|  | **TOTAL EXCHANGE-TRADED FUND (Cost $190,942)** |  |  | &nbsp;&nbsp; 195102 |
|  | **PRIVATE INVESTMENT FUND — 14.5%** |  |  |  |
|  | **PRIVATE INVESTMENT - 14.5%** |  |  |  |
| N/A | Hyperion Fund LLC<sup>(a)</sup> |  |  | &nbsp;&nbsp;&nbsp; 9118847 |
|  | **TOTAL PRIVATE INVESTMENT FUND (Cost $8,600,000)** |  |  | &nbsp;&nbsp; 9118847 |
|  | **SHORT-TERM INVESTMENTS — 74.7%** |  |  |  |
|  | **MONEY MARKET FUNDS - 74.7%** |  |  |  |
| 23416277 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 23416277 |
| 23416277 | First American Government Obligations Fund, Class Z, 3.53%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 23416277 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $46,832,554)** | **TOTAL MONEY MARKET FUNDS (Cost $46,832,554)** |  | &nbsp;&nbsp; 46832554 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $46,832,554)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $46,832,554)** |  | 46832554 |
|  | **TOTAL INVESTMENTS - 89.5% (Cost $55,623,496)** |  |  | &nbsp;&nbsp;&nbsp; $56146503 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 10.5%** |  |  | &nbsp;&nbsp; 6589359 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $62735862 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized (Depreciation)** |
| 363 | CME E-Mini Standard & Poor's 500 Index Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; $119259113 | &nbsp;&nbsp;&nbsp; $(202529) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

ETF - Exchange-Traded Fund <br> LLC - Limited Liability Company <br> SPDR - Standard & Poor's Depositary Receipt

<sup>(a)</sup> Investment valued using net asset value per share as practical expedient. Hyperion Fund LLC - ("Hyperion'') investment objective is to achieve capital growth through the speculative trading of financial instruments on U.S. futures exchanges. Hyperion has no unfunded commitments or redemption lock-up period, as the investment offers daily redemptions. However, Hyperion may temporarily suspend redemptions in certain limited circumstances

<sup>(b)</sup> Rate disclosed is the seven-day effective yield as of March 31, 2026. 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED TACTICAL FIXED INCOME FUND** | **QUANTIFIED TACTICAL FIXED INCOME FUND** | **QUANTIFIED TACTICAL FIXED INCOME FUND** | **QUANTIFIED TACTICAL FIXED INCOME FUND** | **QUANTIFIED TACTICAL FIXED INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUND — 1.4%** |  |  |  |
|  | **FIXED INCOME - 1.4%** |  |  |  |
| 1300 | iShares 20+ Year Treasury Bond ETF |  |  | &nbsp;&nbsp;&nbsp; $112697 |
|  | **TOTAL EXCHANGE-TRADED FUND (Cost $113,093)** |  |  | &nbsp;&nbsp; 112697 |
|  | **SHORT-TERM INVESTMENTS — 84.2%** |  |  |  |
|  | **MONEY MARKET FUNDS - 84.2%** |  |  |  |
| 3268850 | Fidelity Government Portfolio, Class I, 3.52%<sup>(a)</sup> |  |  | &nbsp;&nbsp;&nbsp; 3268850 |
| 3268849 | First American Government Obligations Fund, Class Z, 3.53%<sup>(a)</sup> |  |  | &nbsp;&nbsp;&nbsp; 3268849 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $6,537,699)** | **TOTAL MONEY MARKET FUNDS (Cost $6,537,699)** |  | &nbsp;&nbsp; 6537699 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $6,537,699)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $6,537,699)** |  | 6537699 |
|  | **TOTAL INVESTMENTS - 85.6% (Cost $6,650,792)** |  |  | &nbsp;&nbsp;&nbsp; $6650396 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 14.4%** |  |  | &nbsp;&nbsp; 1116036 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $7766432 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized Appreciation** |
| 39 | Ultra U.S. Treasury Bond Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; $4545938 | &nbsp;&nbsp;&nbsp; $9750 |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

ETF - Exchange-Traded Fund

<sup>(a)</sup> Rate disclosed is the seven-day effective yield as of March 31, 2026.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN SWAPS** | **TOTAL RETURN SWAPS** |  |  |  |  |  |
| Number of Shares | Reference Entity | Notional Amount at March 31, 2026 | Interest Rate Payable <sup>(1),(2)</sup> | Termination Date | Counterparty | Unrealized Apepreciation/ (Depreciation) |
| Long Position: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48700 | iShares iBoxx $ High Yield Corporate Bond ETF | $3874572 | USD SOFR plus 60 bp | 4/29/2027 | BRC | $35343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | iShares iBoxx $ High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7956 | USD SOFR plus 60 bp | 4/30/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40500 | State Street SPDR Bloomberg High Yield Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3876660 | USD SOFR plus 60 bp | 4/29/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | State Street SPDR Bloomberg High Yield Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9772 | USD SOFR plus 60 bp | 4/30/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
|  |  |  |  |  | Total: | $73005 |
|  | BRC - Barclays Capital |  |  |  |  |  |
|  | SOFR - Secured Overnight Financing Rate |  |  |  |  |  |
| <sup>(1)</sup> | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. |
| <sup>(2)</sup> | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED EVOLUTION PLUS FUND** | **QUANTIFIED EVOLUTION PLUS FUND** | **QUANTIFIED EVOLUTION PLUS FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUND — 1.4%** |  |
|  | **GOLD BULLION - 1.4%** |  |
| 850 | SPDR Gold Shares<sup>(d),(f)</sup> | &nbsp;&nbsp;&nbsp; $365747 |
|  | **TOTAL EXCHANGE-TRADED FUND (Cost $346,793)** | &nbsp;&nbsp; 365747 |
|  | **PRIVATE INVESTMENT FUNDS — 11.4%** |  |
|  | **HEDGE FUND - 2.8%** |  |
| N/A | Galaxy Plus Fund LLC - Icon Market Neutral Feeder Fund<sup>(a),(d),(e)</sup> | &nbsp;&nbsp;&nbsp; 771515 |
|  | **PRIVATE INVESTMENT FUND - 8.6%** |  |
| N/A | Hyperion Fund LLC<sup>(b),(d),(e)</sup> | &nbsp;&nbsp;&nbsp; 2321762 |
|  | **TOTAL PRIVATE INVESTMENT FUNDS (Cost $2,985,000)** | &nbsp;&nbsp; 3093277 |
|  | **SHORT-TERM INVESTMENTS — 47.6%** |  |
|  | **CERTIFICATE PARTICIPATION - 47.6%** |  |
| 6404657 | Fidelity Government Portfolio, Class I, 3.52%<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 6404657 |
| 79757 | First American Government Obligations Fund, Class X, 3.57%<sup>(c),(d)</sup> | &nbsp;&nbsp;&nbsp; 79757 |
| 6404657 | First American Government Obligations Fund, Class Z, 3.53%<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 6404657 |
|  | **TOTAL CERTIFICATE PARTICIPATION (Cost $12,889,071)** | &nbsp;&nbsp; 12889071 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $12,889,071)** | 12889071 |
|  | **TOTAL INVESTMENTS - 60.4% (Cost $16,220,864)** | &nbsp;&nbsp;&nbsp; $16348095 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 39.6%** | &nbsp;&nbsp; 10716777 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $27064872 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED EVOLUTION PLUS FUND** | **QUANTIFIED EVOLUTION PLUS FUND** | **QUANTIFIED EVOLUTION PLUS FUND** | **QUANTIFIED EVOLUTION PLUS FUND** | **QUANTIFIED EVOLUTION PLUS FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** | | | |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized Appreciation** |
| 5 | COMEX Gold 100 Troy Ounces Futures<sup>(d)</sup> | 06/29/2026 | &nbsp;&nbsp;&nbsp; $2356750 | &nbsp;&nbsp;&nbsp; $146700 |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

LLC - Limited Liability Company <br> SPDR - Standard & Poor's Depositary Receipt

---

| | |
|:---|:---|
| <sup>(a)</sup><br><sup>(b)</sup> | Galaxy Plus Fund LLC - Icon Market Neutral Feeder Fund (the "Feeder") effectuates its trading strategy through the Galaxy Plus Fund - Icon Market Neutral Master Fund (596) LLC (the "Master Fund"). The trading strategy of the Master Fund is a highly liquid, systematic program trading futures contracts. Quantified Evolution Plus Fund invests into the Feeder and then the Feeder invests in the Master.<br> Hyperion Fund LLC - ("Hyperion'') investment objective is to achieve capital growth through the speculative trading of financial instruments on U.S. futures exchanges. Hyperion has no unfunded commitments or redemption lock-up period, as the investment offers daily redemptions. However, Hyperion may temporarily suspend redemptions in certain limited circumstances. |
| <sup>(c)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026. |
| <sup>(d)</sup> | All or a portion of this investment is a holding of the QEPF Fund Limited. |
| <sup>(e)</sup> | Investment is valued using net asset value per share as a practical expedient. |
| <sup>(f)</sup> | Non-income producing security. |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN SWAPS** | **TOTAL RETURN SWAPS** |  |  |  |  |  |
| Number of Shares | Reference Entity | Notional Amount at March 31, 2026 | Interest Rate Payable <sup>(1),(2)</sup> | Termination Date | Counterparty | Unrealized Appreciation/ (Depreciation) |
| Long Position: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36700 | iShares MSCI Emerging Market ETF | $2084193 | USD SOFR plus 60 bp | 3/23/2027 | BRC | $(460926) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11358 | USD SOFR plus 60 bp | 3/25/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1367) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266913 | USD SOFR plus 60 bp | 4/1/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28261) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130617 | USD SOFR plus 60 bp | 4/2/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5921) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244197 | USD SOFR plus 60 bp | 4/8/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2064) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323703 | USD SOFR plus 60 bp | 4/9/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11418) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403209 | USD SOFR plus 60 bp | 4/12/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3288) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215802 | USD SOFR plus 60 bp | 4/16/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4983) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187407 | USD SOFR plus 60 bp | 4/22/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25800 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465182 | USD SOFR plus 60 bp | 4/23/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17529) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471357 | USD SOFR plus 60 bp | 4/26/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | iShares MSCI Emerging Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193086 | USD SOFR plus 60 bp | 4/29/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032600 | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35204632 | USD OBFR plus 55 bp | 4/27/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4683342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125200 | Vanguard FTSE Europe ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10320236 | USD SOFR plus 60 bp | 4/29/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336362 |
|  | BRC - Barclays Capital |  |  |  | Total: | $4502409 |
|  | OBFR - Overnight Bank Funding Rate |  |  |  |  |  |
|  | SOFR - Secured Overnight Financing Rate |  |  |  |  |  |
| <sup>(1)</sup> | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. |  |
| <sup>(2)</sup> | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. | Payment frequency quarterly. |  |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.9%** |  |
|  | **ASSET MANAGEMENT - 2.4%** |  |
| 54615 | Janus Henderson Group PLC | &nbsp;&nbsp;&nbsp; $2805573 |
|  | **AUTOMOTIVE - 0.7%** |  |
| 52359 | Fox Factory Holding Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 861829 |
|  | **BANKING - 8.1%** |  |
| 75129 | Bank of Hawaii Corporation<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 5578328 |
| 173823 | First Horizon Corporation<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 3956211 |
|  |  | &nbsp;&nbsp; 9534539 |
|  | **BIOTECH & PHARMA - 10.5%** |  |
| 381183 | Catalyst Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9438091 |
| 52998 | Phibro Animal Health Corporation, Class A | &nbsp;&nbsp;&nbsp; 2931319 |
|  |  | &nbsp;&nbsp; 12369410 |
|  | **CHEMICALS - 8.1%** |  |
| 118362 | Axalta Coating Systems Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3278627 |
| 12667 | Linde PLC | &nbsp;&nbsp;&nbsp; 6279792 |
|  |  | &nbsp;&nbsp; 9558419 |
|  | **CONTAINERS & PACKAGING - 2.2%** |  |
| 65535 | Smurfit WestRock plc | &nbsp;&nbsp;&nbsp; 2611570 |
|  | **ELECTRICAL EQUIPMENT - 3.7%** |  |
| 5043 | GE Vernova, Inc. | &nbsp;&nbsp;&nbsp; 4402035 |
|  | **FOOD - 3.3%** |  |
| 62466 | Darling Ingredients, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3863522 |
|  | **FORESTRY, PAPER & WOOD PRODUCTS - 1.1%** |  |
| 31601 | Sylvamo Corporation | &nbsp;&nbsp;&nbsp; 1334826 |
|  | **HEALTH CARE FACILITIES & SERVICES - 2.9%** |  |
| 80254 | BrightSpring Health Services, Inc.<sup>(a),(c)</sup> | &nbsp;&nbsp;&nbsp; 3419623 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.9% (Continued)** |  |
|  | **INDUSTRIAL INTERMEDIATE PRODUCTS - 1.3%** |  |
| 38110 | Gibraltar Industries, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $1519446 |
|  | **INFRASTRUCTURE REIT - 3.7%** |  |
| 25236 | American Tower Corporation, Class A | &nbsp;&nbsp;&nbsp; 4355229 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 5.4%** |  |
| 20377 | Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp; 3204895 |
| 36883 | Nasdaq, Inc.<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 3130998 |
|  |  | &nbsp;&nbsp; 6335893 |
|  | **MACHINERY - 5.4%** |  |
| 4445 | Caterpillar, Inc. | &nbsp;&nbsp;&nbsp; 3149105 |
| 89919 | Kennametal, Inc. | &nbsp;&nbsp;&nbsp; 3248773 |
|  |  | &nbsp;&nbsp; 6397878 |
|  | **METALS & MINING - 1.4%** |  |
| 24323 | Alcoa Corporation | &nbsp;&nbsp;&nbsp; 1613345 |
|  | **OFFICE REIT - 1.8%** |  |
| 80863 | Vornado Realty Trust | &nbsp;&nbsp;&nbsp; 2101629 |
|  | **OIL & GAS PRODUCERS - 3.8%** |  |
| 98978 | Range Resources Corporation<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 4471826 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 3.0%** |  |
| 60860 | Kodiak Gas Services, Inc. | &nbsp;&nbsp;&nbsp; 3549355 |
|  | **RETAIL - CONSUMER STAPLES - 5.1%** |  |
| 6075 | Costco Wholesale Corporation | &nbsp;&nbsp;&nbsp; 6053312 |
|  | **RETAIL - DISCRETIONARY - 2.0%** |  |
| 11816 | AutoNation, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2307192 |
|  | **SEMICONDUCTORS - 5.2%** |  |
| 19962 | Broadcom, Inc. | &nbsp;&nbsp;&nbsp; 6178439 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 95.9% (Continued)** |  |
|  | **SOFTWARE - 2.1%** |  |
| 26504 | Concentrix Corporation<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; $725150 |
| 82458 | Privia Health Group, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1696161 |
|  |  | &nbsp;&nbsp; 2421311 |
|  | **SPECIALTY FINANCE - 2.2%** |  |
| 63696 | Enact Holdings, Inc. | &nbsp;&nbsp;&nbsp; 2599434 |
|  | **SPECIALTY REIT - 2.1%** |  |
| 66376 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 2439318 |
|  | **TECHNOLOGY HARDWARE - 6.5%** |  |
| 1486 | Lumentum Holdings, Inc.<sup>(a),(c)</sup> | &nbsp;&nbsp;&nbsp; 1044301 |
| 4012 | Seagate Technology Holdings PLC | &nbsp;&nbsp;&nbsp; 1571741 |
| 20550 | TD SYNNEX Corporation | &nbsp;&nbsp;&nbsp; 3466991 |
| 5554 | Western Digital Corporation | &nbsp;&nbsp;&nbsp; 1502301 |
|  |  | &nbsp;&nbsp; 7585334 |
|  | **TECHNOLOGY SERVICES - 1.2%** |  |
| 110596 | DXC Technology Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1390192 |
|  | **TRANSPORTATION & LOGISTICS - 0.7%** |  |
| 10783 | Allegiant Travel Company<sup>(a),(c)</sup> | &nbsp;&nbsp;&nbsp; 873854 |
|  | **TOTAL COMMON STOCKS (Cost $112,200,072)** | &nbsp;&nbsp; 112954333 |
|  | **SHORT-TERM INVESTMENTS — 4.1%** |  |
|  | **MONEY MARKET FUNDS - 4.1%** |  |
| 2430503 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2430503 |
| 2430503 | First American Government Obligations Fund, Class Z, 3.53%<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2430503 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $4,861,006)** | &nbsp;&nbsp; 4861006 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $4,861,006)** | 4861006 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** | **QUANTIFIED COMMON GROUND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Units** |  | **Fair Value** |
|  | **COLLATERAL FOR SECURITIES LOANED — 13.4%** |  |
| 15741207 | Mount Vernon Liquid Assets Portfolio, LLC, 3.78%<sup>(b),(d),(e)</sup> | &nbsp;&nbsp;&nbsp;$15741207 |
|  | **TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $15,741,207)** |  |
|  | **TOTAL INVESTMENTS – 113.4% (Cost $132,802,285)** | &nbsp;&nbsp;&nbsp; $133556546 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS – (13.4)%** | &nbsp;&nbsp; (15793108) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $117763438 |

---

LTD - Limited Company <br> PLC - Public Limited Company <br> REIT - Real Estate Investment Trust

---

| | |
|:---|:---|
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026. |
| <sup>(c)</sup><br> <sup>(d)</sup><br> <sup>(e)</sup><br>| All or portion of the security is on loan. Total loaned securities had a value of $15,548,736 at March 31, 2026.<br> Security purchased with cash proceeds of securities lending collateral; daily liquidity, money market type fund that seeks current income and stable net asset value.<br> Investment is valued using net asset value per share as a practical expedient.<br>|

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED TACTICAL SECTORS FUND** | **QUANTIFIED TACTICAL SECTORS FUND** | **QUANTIFIED TACTICAL SECTORS FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 96.9%** |  |
|  | **EQUITY - 96.9%** |  |
| 163087 | State Street Energy Select Sector SPDR ETF | &nbsp;&nbsp;&nbsp; $9990710 |
| 48074 | State Street SPDR S&P 500 ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 31264445 |
|  |  | &nbsp;&nbsp; 41255155 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $41,264,068)** | &nbsp;&nbsp; 41255155 |
|  | **SHORT-TERM INVESTMENTS — 3.2%** |  |
|  | **MONEY MARKET FUNDS - 3.2%** |  |
| 686229 | Fidelity Government Portfolio, Class I, 3.52%<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 686229 |
| 686230 | First American Government Obligations Fund, Class Z, 3.53%<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 686230 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $1,372,459)** | &nbsp;&nbsp; 1372459 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $1,372,459)** | 1372459 |
| **Units** |  |  |
|  | **COLLATERAL FOR SECURITIES LOANED — 50.4%** |  |
| 21471465 | Mount Vernon Liquid Assets Portfolio, LLC, 3.78%<sup>(a),(c),(d)</sup> | &nbsp;&nbsp;&nbsp; 21471465 |
|  | **TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $21,471,465)** |  |
|  | **TOTAL INVESTMENTS - 150.5% (Cost $64,107,992)** | &nbsp;&nbsp;&nbsp; $64099079 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (50.5)%** | &nbsp;&nbsp; (21513579) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $42585500 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| SPDR | - Standard & Poor's Depositary Receipt |

---

---

| | |
|:---|:---|
| <sup>(a)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026. |
| <sup>(b)</sup><br> <sup>(c)</sup><br> <sup>(d)</sup> | All or portion of the security is on loan. Total loaned securities had a value of $21,657,623 at March 31, 2026.<br> Security purchased with cash proceeds of securities lending collateral; daily liquidity, money market type fund that seeks current income and stable net asset value.<br> Investment is valued using net asset value per share as a practical expedient.<br>|

---

---

| |
|:---|
| **QUANTIFIED TACTICAL SECTORS FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN SWAPS** | **TOTAL RETURN SWAPS** |  |  |  |  |  |
| Number of Shares | Reference Entity | Notional Amount at March 31, 2026 | Interest Rate Payable <sup>(1),(2)</sup> | Termination Date | Counterparty | Unrealized Appreciation/ (Depreciation) |
| Long Position: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5260 | State Street Energy Select Sector SPDR ETF | $322228 | USD SOFR plus 60 bp | 3/22/2027 | BRC | $56191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550 | State Street SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008027 | USD SOFR plus 60 bp | 5/15/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13370) |
|  |  |  |  |  |  | **$42821** |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED RISING DIVIDEND TACTICAL FUND** | **QUANTIFIED RISING DIVIDEND TACTICAL FUND** | **QUANTIFIED RISING DIVIDEND TACTICAL FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 87.1%** |  |
|  | **EQUITY - 87.1%** |  |
| 3086 | Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp; $1781177 |
| 12617 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp; 2421455 |
| 33222 | Invesco S&P 500 Low Volatility ETF | &nbsp;&nbsp;&nbsp; 2429858 |
| 14183 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp; 3050196 |
| 27696 | Vanguard International Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp; 2449988 |
|  |  | &nbsp;&nbsp; 12132674 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $11,891,162)** | &nbsp;&nbsp; 12132674 |
|  | **SHORT-TERM INVESTMENTS — 11.6%** |  |
|  | **MONEY MARKET FUNDS - 11.6%** |  |
| 807312 | Fidelity Government Portfolio, Class I, 3.52%<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 807312 |
| 807311 | First American Government Obligations Fund, Class Z, 3.53%<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 807311 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $1,614,623)** | &nbsp;&nbsp; 1614623 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $1,614,623)** | 1614623 |
|  | **TOTAL INVESTMENTS - 98.7% (Cost $13,505,785)** | &nbsp;&nbsp;&nbsp; $13747297 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.3%** | &nbsp;&nbsp; 184896 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $13932193 |

---

ETF - Exchange-Traded Fund <br>

<sup>(a)</sup> Rate disclosed is the seven-day effective yield as of March 31, 2026. <br>

---

| |
|:---|
| **QUANTIFIED RISING DIVIDEND TACTICAL FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **March 31, 2026** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN SWAPS** | **TOTAL RETURN SWAPS** |  |  |  |  |  |
| Number of Shares | Reference Entity | Notional Amount at March 31, 2026 | Interest Rate Payable <sup>(1),(2)</sup> | Termination Date | Counterparty | Unrealized Appreciation/ (Depreciation) |
| Long Position: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | Invesco QQQ Trust Series 1 | $126980 | USD SOFR plus 60 bp | 7/2/2026 | BRC | $7415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46174 | USD SOFR plus 60 bp | 7/10/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34631 | USD SOFR plus 60 bp | 1/15/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2386) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23087 | USD SOFR plus 60 bp | 2/4/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1663) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40403 | USD SOFR plus 60 bp | 2/8/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3424) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15600 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993952 | USD SOFR plus 60 bp | 7/2/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5150 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988388 | USD SOFR plus 60 bp | 7/10/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633336 | USD SOFR plus 60 bp | 1/15/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9572) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2670 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512426 | USD SOFR plus 60 bp | 2/4/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7598) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4320 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829094 | USD SOFR plus 60 bp | 2/8/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27987) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2360 | Invesco S&P 500 Low Volatility ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172610 | USD SOFR plus 60 bp | 7/2/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6014) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | Invesco S&P 500 Low Volatility ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62169 | USD SOFR plus 60 bp | 7/10/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2374) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570 | Invesco S&P 500 Low Volatility ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41690 | USD SOFR plus 60 bp | 1/15/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | Invesco S&P 500 Low Volatility ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38033 | USD SOFR plus 60 bp | 2/4/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810 | Invesco S&P 500 Low Volatility ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59243 | USD SOFR plus 60 bp | 2/8/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1090 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234415 | USD SOFR plus 60 bp | 7/2/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73120 | USD SOFR plus 60 bp | 7/10/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53765 | USD SOFR plus 60 bp | 1/15/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1824) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38711 | USD SOFR plus 60 bp | 2/4/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1365) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66669 | USD SOFR plus 60 bp | 2/8/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3238) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2240 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198150 | USD SOFR plus 60 bp | 7/2/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11886) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55730 | USD SOFR plus 60 bp | 7/10/2026 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3988) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430 | Vanguard Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38038 | USD SOFR plus 60 bp | 1/15/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1819) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | Vanguard International Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31846 | USD SOFR plus 60 bp | 2/4/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1505) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610 | Vanguard International Dividend Appreciation ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53961 | USD SOFR plus 60 bp | 2/8/2027 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3149) |
|  |  |  |  |  | Total: | $78459 |
|  | BRC - Barclays Capital | BRC - Barclays Capital |  |  |  |  |
|  | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate |
| <sup>(1)</sup> | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. | Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specified spread. |
|  | \* Swap contract reset at March 31, 2021. |  |  |  |  |  |
| <sup>(2)</sup> | Payment frequency quarterly. |  |  |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **QUANTIFIED GOVERNMENT INCOME TACTICAL FUND** | **QUANTIFIED GOVERNMENT INCOME TACTICAL FUND** | **QUANTIFIED GOVERNMENT INCOME TACTICAL FUND** | **QUANTIFIED GOVERNMENT INCOME TACTICAL FUND** | **QUANTIFIED GOVERNMENT INCOME TACTICAL FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUND — 0.1%** |  |  |  |
|  | **FIXED INCOME - 0.1%** |  |  |  |
| 400 | iShares 20+ Year Treasury Bond ETF |  |  | &nbsp;&nbsp;&nbsp; $34676 |
|  | **TOTAL EXCHANGE-TRADED FUND (Cost $34,379)** |  |  | &nbsp;&nbsp; 34676 |
|  | **SHORT-TERM INVESTMENTS — 91.8%** |  |  |  |
|  | **MONEY MARKET FUNDS - 91.8%** |  |  |  |
| 17776585 | Fidelity Government Portfolio, Class I, 3.52%<sup>(a)</sup> |  |  | &nbsp;&nbsp;&nbsp; 17776585 |
| 17776584 | First American Government Obligations Fund, Class Z, 3.53%<sup>(a)</sup> |  |  | &nbsp;&nbsp;&nbsp; 17776584 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $35,553,169)** | **TOTAL MONEY MARKET FUNDS (Cost $35,553,169)** |  | &nbsp;&nbsp; 35553169 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $35,553,169)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $35,553,169)** |  | 35553169 |
|  | **TOTAL INVESTMENTS - 91.9% (Cost $35,587,548)** |  |  | &nbsp;&nbsp;&nbsp; $35587845 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 8.1%** |  |  | &nbsp;&nbsp; 3134670 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $38722515 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized Appreciation** |
| 99 | Ultra U.S. Treasury Bond Futures | 06/22/2026 | &nbsp;&nbsp;&nbsp; $11539688 | &nbsp;&nbsp;&nbsp; $146719 |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

ETF - Exchange-Traded Fund <br>

<sup>(a)</sup> Rate disclosed is the seven-day effective yield as of March 31, 2026. <br>

---

| | | |
|:---|:---|:---|
| **QUANTIFIED GLOBAL FUND** | **QUANTIFIED GLOBAL FUND** | **QUANTIFIED GLOBAL FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 80.6%** |  |
|  | **ASSET MANAGEMENT - 2.3%** |  |
| 4677 | Futu Holdings Ltd. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $639627 |
|  | **AUTOMOTIVE - 5.5%** |  |
| 7432 | Toyota Motor Corporation - ADR | &nbsp;&nbsp;&nbsp; 1531661 |
|  | **BANKING - 23.4%** |  |
| 35903 | Banco Bilbao Vizcaya Argentaria S.A. - ADR | &nbsp;&nbsp;&nbsp; 777659 |
| 130749 | Banco Bradesco S.A. - ADR | &nbsp;&nbsp;&nbsp; 477234 |
| 27706 | Banco de Chile - ADR | &nbsp;&nbsp;&nbsp; 1026230 |
| 35333 | Banco Santander Chile - ADR | &nbsp;&nbsp;&nbsp; 1180122 |
| 20166 | Banco Santander S.A. - ADR | &nbsp;&nbsp;&nbsp; 227472 |
| 3880 | HSBC Holdings plc - ADR | &nbsp;&nbsp;&nbsp; 320061 |
| 24993 | ING Groep N.V. - ADR | &nbsp;&nbsp;&nbsp; 651068 |
| 37141 | Itau Unibanco Holding S.A. - ADR | &nbsp;&nbsp;&nbsp; 311242 |
| 8028 | KB Financial Group, Inc. - ADR | &nbsp;&nbsp;&nbsp; 800632 |
| 27364 | Mizuho Financial Group, Inc. - ADR | &nbsp;&nbsp;&nbsp; 217270 |
| 34503 | NatWest Group plc - ADR | &nbsp;&nbsp;&nbsp; 514095 |
|  |  | &nbsp;&nbsp; 6503085 |
|  | **BEVERAGES - 1.4%** |  |
| 133866 | Ambev S.A. - ADR | &nbsp;&nbsp;&nbsp; 390889 |
|  | **BIOTECH & PHARMA - 7.8%** |  |
| 50720 | Genmab A/S - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1360817 |
| 49495 | Grifols S.A. - ADR | &nbsp;&nbsp;&nbsp; 396950 |
| 2645 | Novartis A.G. - ADR | &nbsp;&nbsp;&nbsp; 404024 |
|  |  | &nbsp;&nbsp; 2161791 |
|  | **E-COMMERCE DISCRETIONARY - 4.6%** |  |
| 1763 | Alibaba Group Holding Ltd. - ADR | &nbsp;&nbsp;&nbsp; 221186 |
| 10230 | PDD Holdings, Inc. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1045301 |
|  |  | &nbsp;&nbsp; 1266487 |
|  | **ELECTRIC UTILITIES - 4.5%** |  |
| 296210 | Cia Energetica de Minas Gerais - ADR | &nbsp;&nbsp;&nbsp; 707942 |
| 39014 | Korea Electric Power Corporation - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 555949 |
|  |  | &nbsp;&nbsp; 1263891 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED GLOBAL FUND** | **QUANTIFIED GLOBAL FUND** | **QUANTIFIED GLOBAL FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 80.6% (Continued)** |  |
|  | **FORESTRY, PAPER & WOOD PRODUCTS - 2.1%** |  |
| 58731 | Suzano S.A. - ADR | &nbsp;&nbsp;&nbsp; $587897 |
|  | **HEALTH CARE FACILITIES & SERVICES - 0.8%** |  |
| 10226 | Fresenius Medical Care A.G. & Company KGaA - ADR | &nbsp;&nbsp;&nbsp; 230699 |
|  | **LEISURE FACILITIES & SERVICES - 3.2%** |  |
| 12434 | Atour Lifestyle Holdings Ltd. - ADR | &nbsp;&nbsp;&nbsp; 457696 |
| 8513 | H World Group Ltd. - ADR | &nbsp;&nbsp;&nbsp; 428119 |
|  |  | &nbsp;&nbsp; 885815 |
|  | **OIL & GAS PRODUCERS - 5.7%** |  |
| 19728 | Eni SpA - ADR | &nbsp;&nbsp;&nbsp; 1116802 |
| 22715 | Petroleo Brasileiro S.A. - ADR | &nbsp;&nbsp;&nbsp; 471336 |
|  |  | &nbsp;&nbsp; 1588138 |
|  | **SEMICONDUCTORS - 3.0%** |  |
| 2499 | Taiwan Semiconductor Manufacturing Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 844537 |
|  | **TECHNOLOGY HARDWARE - 1.8%** |  |
| 43709 | Telefonaktiebolaget LM Ericsson - ADR | &nbsp;&nbsp;&nbsp; 492600 |
|  | **TECHNOLOGY SERVICES - 1.1%** |  |
| 21908 | Infosys Ltd. - ADR | &nbsp;&nbsp;&nbsp; 295977 |
|  | **TELECOMMUNICATIONS - 3.2%** |  |
| 47978 | Telkom Indonesia Persero Tbk P.T. - ADR | &nbsp;&nbsp;&nbsp; 896229 |
|  | **TOBACCO & CANNABIS - 1.9%** |  |
| 9169 | British American Tobacco plc - ADR | &nbsp;&nbsp;&nbsp; 536112 |
|  | **TRANSPORTATION & LOGISTICS - 8.3%** |  |
| 5613 | Grupo Aeroportuario del Centro Norte S.A.B. del centro norte - ADR | &nbsp;&nbsp;&nbsp; 643979 |
| 2410 | Grupo Aeroportuario del Pacifico S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; 594957 |
| 21864 | Latam Airlines Group S.A. - ADR | &nbsp;&nbsp;&nbsp; 1080956 |
|  |  | &nbsp;&nbsp; 2319892 |

---

---

| | | |
|:---|:---|:---|
| **QUANTIFIED GLOBAL FUND** | **QUANTIFIED GLOBAL FUND** | **QUANTIFIED GLOBAL FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 80.6% (Continued)** |  |
|  | **TOTAL COMMON STOCKS (Cost $23,915,978)** | &nbsp;&nbsp; $22435327 |
|  | **EXCHANGE-TRADED FUND — 9.6%** |  |
|  | **EQUITY - 9.6%** |  |
| 4079 | State Street SPDR S&P 500 ETF | &nbsp;&nbsp;&nbsp; 2652737 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $2,799,774)** | &nbsp;&nbsp; 2652737 |
|  | **SHORT-TERM INVESTMENTS — 9.3%** |  |
|  | **MONEY MARKET FUNDS - 9.3%** |  |
| 1297009 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1297009 |
| 1297010 | First American Government Obligations Fund, Class Z, 3.53%<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1297010 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $2,594,019)** | &nbsp;&nbsp; 2594019 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $2,594,019)** | 2594019 |
|  | **TOTAL INVESTMENTS - 99.5% (Cost $29,309,771)** | &nbsp;&nbsp;&nbsp; $27682083 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%** | &nbsp;&nbsp; 150633 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $27832716 |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| A/S | - Anonim Sirketi |
| ETF | - Exchange-Traded Fund |
| LTD | - Limited Company |
| NV | - Naamioze Vennootschap |
| PLC | - Public Limited Company |
| PT | - Perseroan Terbatas |
| S/A | - Société Anonyme |
| SPDR | - Standard & Poor's Depositary Receipt |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven-day effective yield as of March 31, 2026. <br>

---

| | | |
|:---|:---|:---|
| **QUANTIFIED ECKHARDT MANAGED FUTURES STRATEGY FUND** | **QUANTIFIED ECKHARDT MANAGED FUTURES STRATEGY FUND** | **QUANTIFIED ECKHARDT MANAGED FUTURES STRATEGY FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **PRIVATE INVESTMENT FUNDS — 40.0%** |  |
|  | **PRIVATE INVESTMENT - 40.0%** |  |
| 13184 | Galaxy Plus Fund Evolution Strategy Commodities Offshore Feeder Fund<sup>(a),(c),(d)</sup> | &nbsp;&nbsp;&nbsp; $8505218 |
| N/A | Galaxy Plus Fund LLC Evolution Strategy Financials Feeder Fund<sup>(a),(d)</sup> | &nbsp;&nbsp;&nbsp; 10298482 |
|  |  | &nbsp;&nbsp; 18803700 |
|  | **TOTAL PRIVATE INVESTMENT FUNDS (Cost $25,469,007)** | &nbsp;&nbsp; 18803700 |
|  | **SHORT-TERM INVESTMENTS — 60.0%** |  |
|  | **MONEY MARKET FUNDS - 60.0%** |  |
| 27996908 | Fidelity Government Portfolio, Class I, 3.52%<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 27996908 |
| 254300 | First American Government Obligations Fund, Class X, 3.57%<sup>(b),(c)</sup> | &nbsp;&nbsp;&nbsp; 254300 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $28,251,208)** | &nbsp;&nbsp; 28251208 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $28,251,208)** | 28251208 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $53,720,215)** | &nbsp;&nbsp;&nbsp; $47054908 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.0%**<sup>(e)</sup> | &nbsp;&nbsp; 18679 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $47073587 |

---

LLC - Limited Liability Company <br>

---

| | |
|:---|:---|
| <sup>(a)</sup> | Galaxy Plus Fund LLC – Evolution Strategy Financials Feeder Fund (587) LLC (the "Onshore Feeder") effectuates its trading strategy through the Galaxy Plus Fund – Evolution Strategy Financials Master Fund (587) LLC (the "Onshore Master Fund"). Galaxy Plus Fund LLC – Evolution Strategy Commodities Offshore Feeder Fund (586) Segregated Portfolio (the "Offshore Feeder") effectuates its trading strategy through the Galaxy Plus Fund – Evolution Strategy Commodities Master Fund (586) LLC (the "Offshore Master Fund). The strategy's objective is to generate absolute returns through speculative trading of futures interest on U.S. and non-U.S. exchanges, options on futures contracts, forward contracts in metals traded on the London Metal Exchange, and may trade currency forward contracts the interbank market. Quantified Eckhardt Managed Futures Fund invests into each Feeder and then each Feeder invests in the Master. |
| <sup>(b)</sup> | Rate disclosed is the seven-day effective yield as of March 31, 2026. |
| <sup>(c)</sup><br> <sup>(d)</sup> | All or a portion of this investment is a holding of the QEMFS Fund Limited.<br> Investment is valued using net asset value per share as a practical expedient. |
| <sup>(e)</sup> | Percentage rounds to less than 0.01%. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Advisors Preferred Trust

- **b. Investment Company Act file number:** 811-22756

- **c. CIK number of Registrant:** 0001556505

- **d. LEI of Registrant:** 549300VBL7C31PY2VZ37

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

  - **Street Address 1:** 1445 RESEARCH BOULEVARD

  - **City:** ROCKVILLE

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 240-223-1998

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

- **a. Name of Series:** Quantified Eckhardt Managed Futures Strategy Fund

- **b. EDGAR series identifier (if any):** S000087591

- **c. LEI of Series:** 529900SAF5KOBJFXLY53

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $47147994.78

**Total Liabilities:** $74408.26

**Net Assets:** $47073586.52

**Amount of Assets Invested in Other Investment Companies:** $8760268.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253434 | 0.74%                | 6.27%                | -11.56%              |
| Class ID C000253435 | 0.74%                | 6.23%                | -11.49%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $310137.54                                 |
| Month 2  | $0.00                    | $2497541.65                                |
| Month 3  | $0.00                    | $-5067317.78                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Colchester Street Trust | FID-MM GOVT-I           | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |  27996908 | PA      | $27996908.42  | 59.47%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.        | FRST AM-GV OB-X         | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    254300 | PA      | $254299.57    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GALAXY PLUS FUND CL A            | GALAXY PLUS FEEDER CL A | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     21264 | NS      | $10298481.85  | 21.88%            |  |  |  | No            |                  1 | On Loan: No      |
| GALAXY PLUS FUND CL A            | GALAXY PLUS FUND CL A   | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     13184 | NS      | $8505218.52   | 18.07%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** Advisors Preferred Trust

**Signature:** Christine Casares

**Name of Signer:** Christine Casares

**Title:** Treasurer