# EDGAR Filing Document

**Accession Number:** 0001556505
**File Stem:** 0000910472-26-000409
**Filing Date:** 2026-1
**Character Count:** 25220
**Document Hash:** 259ad0c85f4ec08da9e9270de5d0d7b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000409.hdr.sgml**: 20260126

**ACCESSION NUMBER**: 0000910472-26-000409

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260126

**DATE AS OF CHANGE**: 20260126

**PERIOD START**: 20260831

**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:** 26559488

**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

### Hundredfold Select Alternative Fund (Series ID: S000065875)

| Class ID   | Class Name                                                | Ticker Symbol   |
|:---|:---|:---|
| C000212830 | Hundredfold Select Alternative Fund Service Class Shares  | SFHYX           |
| C000212831 | Hundredfold Select Alternative Fund Investor Class Shares | HFSAX           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
| **Shares** |  |  |  | **Fair Value** |
|  | **OPEN-END FUNDS — 60.6%** |  |  |  |
|  | **ALTERNATIVE - 5.2%** |  |  |  |
| 741554 | Ambassador Fund |  |  | &nbsp;&nbsp;$7504530 |
|  | **COMMODITY - 10.5%** |  |  |  |
| 1463897 | AQR Risk-Balanced Commodities Fund, Class R6 |  |  | &nbsp;&nbsp;15268447 |
|  | **FIXED INCOME - 44.9%** |  |  |  |
| 2055639 | American Beacon Developing World Income Fund, R5 Class |  |  | &nbsp;&nbsp;15499517 |
| 1099834 | Easterly Income Opportunities Fund, Class R6 |  |  | &nbsp;&nbsp;11493267 |
| 1552126 | PGIM Securitized Credit Fund, Class Z |  |  | &nbsp;&nbsp;15148753 |
| 1413101 | PIMCO Income Fund, Institutional Class |  |  | &nbsp;&nbsp;15544113 |
| 691562 | Thompson Bond Fund |  |  | &nbsp;&nbsp;7455037 |
|  |  |  |  | &nbsp;&nbsp;65140687 |
|  | **TOTAL OPEN-END FUNDS (Cost $86,092,337)** |  |  | &nbsp;&nbsp;87913664 |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** |  |
|  | **U.S. GOVERNMENT & AGENCIES — 8.3%** |  |  |  |
|  | **U.S. TREASURY BILL** — **8.3%** |  |  |  |
| 12113000 | United States Treasury Bill<sup>(a)</sup> | 3.7600 | &nbsp;&nbsp;&nbsp;02/05/26 | 12029945 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $12,029,471)** |  |  | 12029945 |
| **Shares** |  |  |  |  |
|  | **SHORT-TERM INVESTMENTS — 7.7%** |  |  |  |
|  | **MONEY MARKET FUNDS - 7.7%** |  |  |  |
| 9380052 | Fidelity Money Market Government Portfolio, Institutional Class, 3.82%<sup>(b)</sup> |  |  | &nbsp;&nbsp;9380052 |
| 1786887 | First American Government Obligations Fund Class X, 3.88%<sup>(b),(c)</sup> |  |  | &nbsp;&nbsp;1786887 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $11,166,939)** | **TOTAL MONEY MARKET FUNDS (Cost $11,166,939)** |  | &nbsp;&nbsp;11166939 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $11,166,939)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $11,166,939)** |  | 11166939 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE FUND** | **HUNDREDFOLD SELECT ALTERNATIVE 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)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
|  |  |  |  | **Fair Value** |
|  | **TOTAL INVESTMENTS - 76.6% (Cost $109,288,747)** |  |  | &nbsp;&nbsp;$111110548 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 23.4%** |  |  | &nbsp;&nbsp;34006771 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp;$145117319 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized Appreciation(Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | CME E-Mini Standard & Poor's 500 Index Futures | 12/19/2025 | &nbsp;&nbsp;$15090900 | &nbsp;&nbsp;$251063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | COMEX Copper Futures<sup>(c)</sup> | 03/27/2026 | &nbsp;&nbsp; 5799200 | &nbsp;&nbsp; (8113) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144 | NYBOT FINEX United States Dollar Index Futures | 12/15/2025 | &nbsp;&nbsp; 14314752 | &nbsp;&nbsp; (53467) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | &nbsp;&nbsp;$189483 |

---

<sup>(a)</sup> Zero coupon bond; rate disclosed is the effective yield as of November 30, 2025

<sup>(b)</sup> Rate disclosed is the seven-day effective yield as of November 30, 2025.

<sup>(c)</sup> All or a portion of this investment is a holding of the Hundredfold Select Alternative Fund Limited (HFSA Fund Limited). 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN SWAPS** | **TOTAL RETURN SWAPS** |  |  |  |  |  |
| Number of Shares | Reference Entity | Notional Amount at November 30, 2025 | Interest Rate Payable<sup>(1)</sup> | Termination Date | Counterparty | Unrealized Appreciation (Depreciation) |
| Long Position: | Long Position: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644172 | AQR Equity Market Neutral Fund, Class R6 | $7968402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 8/4/2026 | NGFP | $152533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1180891 | AQR Long-Short Equity Fund, Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24574342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 7/1/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1988950 | BlackRock High Yield Portfolio Fund, Class K | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14419890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 11/13/2028 | 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;21986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439921 | Diamond Hill Short Duration Securitized Bond Fund, Class Y | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14428004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 7/24/2028 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(134285) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1867890 | Eaton Vance Global Macro Absolute Return Advantage Fund, Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22750895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 8/28/2028 | BRC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498471 | Holbrook Income Fund, Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 9/23/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275600 | iShares Flexible Income Active 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;14706016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-OBFR plus 55 bp | 4/27/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83265) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178100 | 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;14424319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-OBFR plus 55 bp | 4/27/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67100 | iShares National Muni 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;7208553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-OBFR plus 55 bp | 4/27/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928163 | Nuveen Preferred Securities & Income Fund, Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15110490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 6/20/2028 | 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;25249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1496945 | PIMCO Preferred and Capital Securities Fund, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14729939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-FED plus 165 bp | 12/31/2026 | CIBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50274) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142800 | Vanguard Tax-Exempt Bond Index Fund 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;7214256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-OBFR plus 55 bp | 4/27/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(653) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644612 | Victory Pioneer Cat Bond Fund, Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7709557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-SOFR plus 165 bp | 9/29/2026 | NGFP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65187 |
|  |  |  |  |  | Total: | $1784666 |
|  | BRC - Barclays Capital |  |  |  |  |  |
|  | CIBC - Canadian Imperial Bank of Commerce |  |  |  |  |  |
|  | FED - Federal Funds Effective Rate |  |  |  |  |  |
|  | NGFP - Nomura Global Financial Products, Inc. |  |  |  |  |  |
|  | OBFR - Overnight Bank Funding Rate |  |  |  |  |  |
|  | SOFR - Secured Overnight Financing Rate |  |  |  |  |  |
|  | <sup>(1)</sup> Interest rate is based upon predeterminied notional amounts, which may be a multiple of the number of shares plus a specified spread. | <sup>(1)</sup> Interest rate is based upon predeterminied notional amounts, which may be a multiple of the number of shares plus a specified spread. | <sup>(1)</sup> Interest rate is based upon predeterminied notional amounts, which may be a multiple of the number of shares plus a specified spread. | <sup>(1)</sup> Interest rate is based upon predeterminied notional amounts, which may be a multiple of the number of shares plus a specified spread. | <sup>(1)</sup> Interest rate is based upon predeterminied notional amounts, which may be a multiple of the number of shares plus a specified spread. |  |

---

## 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:** Hundredfold Select Alternative Fund

- **b. EDGAR series identifier (if any):** S000065875

- **c. LEI of Series:** 549300074VHDTO26DF48

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $322543141.03

**Total Liabilities:** $177425822.35

**Net Assets:** $145117318.68

**Amount of Assets Invested in Other Investment Companies:** $1784477.59

**Cash Not Reported:** $31978850.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000212831 | 1.95%                | 1.21%                | 0.36%                |
| Class ID C000212830 | 1.89%                | 1.15%                | 0.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $92296.86                | $324420.44                                 |
| Month 2  | $174696.47               | $433202.59                                 |
| Month 3  | $257529.55               | $188026.39                                 |

**Designated Index Information**

- **Index Name:** 50SP500TR_50BofAML-US-HY

- **Index Identifier:** 50SP500TR_50BofAML-US-HY

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ICE FUTURES U.S.                    | DOLLAR INDEX      Dec25 | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DFE              | CORP              | US        |       144 | NC      | $-53467.20    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills        | B 02/05/26              | CUSIP: 912797RL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12113000 | PA      | $12029945.16  | 8.29%             | 2026-02-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PIMCO Funds                         | PIMCO-INCOME-INS        | CUSIP: 72201F490<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |   1413101 | NS      | $15544113.38  | 10.71%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | ETN VANCE GLBL MCR A    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |   1867890 | NS      | $621605.45    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER         | COPPER FUTURE     Mar26 | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |        44 | NC      | $-8112.50     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | ISHRS FLXBLE INCME A    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |    275600 | NS      | $169494.00    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| First American Funds Inc.           | FRST AM-GV OB-X         | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1786887 | PA      | $1786886.61   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| American Beacon Funds               | AB-DEV WRLD-R5          | CUSIP: 024525719<br>LEI: 549300EXCES9V5RWB620 | Long             | EC               | RF                | US        |   2055639 | NS      | $15499517.04  | 10.68%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | AQR LNG SHRT EQTY FN    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |   1180891 | NS      | $1582393.99   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Thompson Im Funds Inc               | THMPSN-BND              | CUSIP: 884891201<br>LEI: N/A                  | Long             | EC               | RF                | US        |    691562 | NS      | $7455037.17   | 5.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | VANGUARD TAX-EXEMPT     | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |    142800 | NS      | $2142.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AQR Funds                           | AQR-RSK BAL-R6          | CUSIP: 00191K856<br>LEI: 549300V0TAB4ICSX2404 | Long             | EC               | RF                | US        |   1463897 | NS      | $15268447.09  | 10.52%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE (FLOOR) | S&P500 EMINI FUT  Dec25 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        44 | NC      | $251062.50    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust    | FID-MM GOVT-I           | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   9380052 | PA      | $9380052.07   | 6.46%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | NUVEEN PREF SEC         | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |    928163 | NS      | $111379.52    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| James Alpha Funds Trust             | ESTR-INC OPP-R6         | CUSIP: 470258765<br>LEI: 5493007JDS1R5QEQGK05 | Long             | EC               | RF                | US        |   1099834 | NS      | $11493266.75  | 7.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Investment Managers Series Trust II | AMBASSADOR              | CUSIP: 46141T133<br>LEI: 549300SU7ER9OFETRU41 | Long             | EC               | RF                | US        |    741554 | NS      | $7504529.91   | 5.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | HLBRK INCME FND CL I    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |   1498471 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                 | BLACKROCK HIGH YLD B    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |   1988950 | NS      | $19889.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                 | ISHARES NATIONAL MUN    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |     67100 | NS      | $3019.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                 | ISHARESIBOXX HYCB SW    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |    178100 | NS      | $52539.50     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                 | PIMCO PREFERRED CAP     | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |   1496945 | NS      | $29938.90     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                 | VCTRY PNR CT  BND R6    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |    644612 | NS      | $141814.59    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential Investments Portfolios 8 | PGIM-SCR CRD-Z          | CUSIP: 74441F876<br>LEI: 549300VRUTQ35U0X1D46 | Long             | EC               | RF                | US        |   1552126 | NS      | $15148753.31  | 10.44%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | DMND HL SHRT DRT SEC    | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |   1439921 | NS      | $-57596.82    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                 | AQR EQT MKT NTRL FD     | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               |  | US        |    644172 | NS      | $225460.05    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** Advisors Preferred Trust

**Signature:** Christine Casares

**Name of Signer:** Christine Casares

**Title:** Treasurer