# EDGAR Filing Document

**Accession Number:** 0001815608
**File Stem:** 0001398344-25-021124
**Filing Date:** 2025-11
**Character Count:** 26657
**Document Hash:** e743d5b5d6f1469fdd00498299de784f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-021124.hdr.sgml**: 20251120

**ACCESSION NUMBER**: 0001398344-25-021124

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251120

**DATE AS OF CHANGE**: 20251120

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Modern Capital Funds Trust
- **CENTRAL INDEX KEY:** 0001815608

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23582
- **FILM NUMBER:** 251503297

**BUSINESS ADDRESS:**
- **STREET 1:** 1701 MEETING ST
- **CITY:** CHARLESTON
- **STATE:** SC
- **ZIP:** 29464
- **BUSINESS PHONE:** 800-767-3838

**MAIL ADDRESS:**
- **STREET 1:** 1701 MEETING ST
- **CITY:** CHARLESTON
- **STATE:** SC
- **ZIP:** 29464

## Series and Classes Contracts Data

### Modern Capital Tactical Income Fund (Series ID: S000069477)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000221777 | Class A Shares   | MCTOX           |
| C000221778 | Class ADV Shares | MCTDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Modern Capital Funds Trust

- **b. Investment Company Act file number:** 811-23582

- **c. CIK number of Registrant:** 0001815608

- **d. LEI of Registrant:** 549300VBKEL6G7NEPM08

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

  - **Street Address 1:** 75 Port City Landing

  - **City:** Mt. Pleasant

  - **State:** SC

  - **Foreign country:** US

  - **Zip / Postal Code:** 29464

  - **Telephone number:** 800-767-3838

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

- **a. Name of Series:** Modern Capital Tactical Income Fund

- **b. EDGAR series identifier (if any):** S000069477

- **c. LEI of Series:** 549300VBKEL6G7NEPM08

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $83000360.81

**Total Liabilities:** $683878.87

**Net Assets:** $82316481.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221777 | -1.24%               | 0.62%                | 1.07%                |
| Class ID C000221778 | -1.25%               | 0.63%                | 1.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $237979.33               | $-2157992.00                               |
| Month 2  | $247344.80               | $-476494.00                                |
| Month 3  | $-3257.52                | $97497.00                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aberdeen                                                   | Aberdeen Income Credit Strategies Fund                         | CUSIP: 003057106<br>LEI: JZ9OXI4GGKZDI84RNQ78 | Long             | EC               | RF                | US        |    267958 | NS      | $1554156.40   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Aberdeen                                                   | Abrdn Japan Equity Fund                                        | CUSIP: 00306J109<br>LEI: 549300TENE1BGI09O157 | Long             | EC               | CORP              | US        |      4354 | NS      | $34309.52     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Bernstein                                         | AllianceBernstein Global High Income Fund                      | CUSIP: 01879R106<br>LEI: AE2ZT9UGMEIJ7T4R5734 | Long             | EC               | RF                | US        |    209469 | NS      | $2348147.49   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management, Inc.                            | Annaly Capital Management, Inc.                                | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               |  | US        |    145000 | NS      | $2930450.00   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| B&G Foods, Inc                                             | B&G Foods, Inc                                                 | CUSIP: 05508R106<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | EC               |  | US        |     45000 | NS      | $199350.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco S.A.                                        | Banco Bradesco S.A.                                            | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |    279000 | NS      | $943020.00    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings                                                    | Barings Global Short Duration High Yield Fund                  | CUSIP: 06760L100<br>LEI: 549300WWIZCL845OP089 | Long             | EC               | RF                | US        |    136116 | NS      | $2104353.36   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Municipal Credit Alpha Portfolio Inc             | BlackRock Municipal Credit Alpha Portfolio                     | CUSIP: 09262J102<br>LEI: 529900SLP3C6SEVFWC61 | Long             | EC               | RF                | US        |      4276 | NS      | $53920.36     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc. (US)                                       | BlackRock MuniYield Quality Fund III, Inc                      | CUSIP: 09254E103<br>LEI: 549300C492HL0FV7GK49 | Long             | EC               | RF                | US        |     55466 | NS      | $614563.28    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc. (US)                                       | BlackRock Innovation and Growth Term Trust                     | CUSIP: 09260Q108<br>LEI: 549300G3XFQ7175KM723 | Long             | EC               | RF                | US        |    552841 | NS      | $3704034.70   | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Real Assets Income Fund, Inc.                   | Brookfield Real Assets Income Fund, Inc.                       | CUSIP: 112830104<br>LEI: 254900DLYNP93JESGO41 | Long             | EC               | RF                | US        |    237292 | NS      | $3170221.12   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Calamos Investments                                        | Calamos Convertible and High Income Fund                       | CUSIP: 12811P108<br>LEI: 549300S5PS2P178Z6N82 | Long             | EC               | RF                | US        |    134996 | NS      | $1514655.12   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Puerto S.A.                                        | Central Puerto S.A.                                            | CUSIP: 155038201<br>LEI: 2549005JLIWQ6B7VNR38 | Long             | EC               | CORP              | AR        |     28173 | NS      | $225665.73    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Energetica De Minas Gerais - Cernig                    | Cia Energetica De Minas Gerais - Cernig                        | CUSIP: 204409601<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |   1188000 | NS      | $2506680.00   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Clough Capital Partners                                    | Clough Global Equity Fund                                      | CUSIP: 18914C100<br>LEI: 549300SI1THLT6A9J147 | Long             | EC               | RF                | US        |    101952 | NS      | $775854.72    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Clough Capital Partners                                    | Clough Global Opportunities Fund                               | CUSIP: 18914E106<br>LEI: 549300DTG68UBCNCPY15 | Long             | EC               | RF                | US        |    201739 | NS      | $1149912.30   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporacion America Airports S.A.                          | Corporacion America Airports S.A.                              | CUSIP: L1995B107<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |      3493 | NS      | $63293.16     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cresud S.A. Comercial Industrial Financiera Y Agropecuaria | Cresud S.A. Comercial Industrial Financiera Y Agropecuaria     | CUSIP: 226406106<br>LEI: 529900OJF9C0NUFNN613 | Long             | EC               | CORP              | AR        |    138570 | NS      | $1274844.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Destra Multi-Alternative Fund                              | Destra Multi-Alternative Fund                                  | CUSIP: 25065A502<br>LEI: 549300SP0KUS5HR5P569 | Long             | EC               | RF                | US        |    238927 | NS      | $2064329.28   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleLine Funds                                           | DoubleLine Income Solutions Fund                               | CUSIP: 258622109<br>LEI: 549300RGXFCKJWYUTL28 | Long             | EC               | RF                | US        |     29062 | NS      | $356881.36    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleLine Funds                                           | DoubleLine Opportunistic Credit Fund                           | CUSIP: 258623107<br>LEI: 5493003RT2VL4QLFXN55 | Long             | EC               | RF                | US        |     37705 | NS      | $587443.90    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Duff & Phelps Investment Management Co.                    | DNP Select Income Fund Inc.                                    | CUSIP: 23325P104<br>LEI: 549300WG166TLR8IP913 | Long             | EC               | RF                | US        |     55000 | NS      | $550550.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS ETF Trust                                              | Central and Eastern Europe Fund Inc                            | CUSIP: 153436100<br>LEI: 549300TSXFIOF89ZI608 | Long             | EC               | RF                | US        |     58500 | NS      | $898560.00    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Point Credit Company Inc.                            | Eagle Point Credit Company, Inc.                               | CUSIP: 269808101<br>LEI: N/A                  | Long             | EC               | RF                | US        |    140000 | NS      | $925400.00    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance                                                | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund    | CUSIP: 27829C105<br>LEI: 549300YMO6N2TLCMXO54 | Long             | EC               | RF                | US        |    363321 | NS      | $3288055.05   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Empresa Distribuidora Y Comercializadora Norte S.A.        | Empresa Distribuidora Y Comercializadora Norte S.A.            | CUSIP: 29244A102<br>LEI: 254900JU7TV6VS9GRW29 | Long             | EC               | CORP              | AR        |      7206 | NS      | $112125.36    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds                                       | First American Government Obligations Fund, Class X            | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1025580 | NS      | $1025579.74   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Portfolios (US)                                | First Trust High Yield Opportunities 2027 Term Fund            | CUSIP: 33741Q107<br>LEI: 549300VWTG40J7RZE994 | Long             | EC               | RF                | US        |     11819 | NS      | $171257.31    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton Investments (US)                        | BrandywineGLOBAL - Global Income Opportunities Fund, Inc.      | CUSIP: 10537L104<br>LEI: 549300P4CDQCJBGI0833 | Long             | EC               | RF                | US        |    447479 | NS      | $3884117.72   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton Investments (US)                        | Franklin Universal Trust                                       | CUSIP: 355145103<br>LEI: 5493009UE75VG0DU8V76 | Long             | EC               | RF                | US        |    118529 | NS      | $952973.16    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton Investments (US)                        | Templeton Emerging Markets Income Fund, Inc.                   | CUSIP: 880192109<br>LEI: HM42X4Y58XQ0M2JYZW07 | Long             | EC               | RF                | US        |    435865 | NS      | $2702363.00   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton Investments (US)                        | Western Asset Emerging Markets Debt Fund, Inc.                 | CUSIP: 95766A101<br>LEI: 549300F68574RU1BKP84 | Long             | EC               | RF                | US        |    342232 | NS      | $3531834.24   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FS Investments                                             | FS Credit Opportunities Corp.                                  | CUSIP: 30290Y101<br>LEI: 549300XFGO8P7BHG1O49 | Long             | EC               | RF                | US        |    206169 | NS      | $1424627.79   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Gabelli Funds                                              | Gabelli Global Small and Mid Cap Value Trust                   | CUSIP: 36249W104<br>LEI: 54930027RS7HE8UD3187 | Long             | EC               | RF                | US        |      3682 | NS      | $53204.90     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia S.A.                              | Grupo Financiero Galicia S.A.                                  | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |     35000 | NS      | $964600.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Highland Opportunities and Income Fund                     | Highland Opportunities & Income Fund 5.375% Cum. Pfd. Series B | CUSIP: 43010E602<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15378 | NS      | $255274.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Irsa Inversiones Y Representaciones S.A.                   | Irsa Inversiones Y Representaciones S.A.                       | CUSIP: 450047303<br>LEI: 549300QJINFBX83IZ837 | Long             | EC               | CORP              | AR        |    127698 | NS      | $1511944.32   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding S.A.                                 | Itau Unibanco Holding S.A.                                     | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     25000 | NS      | $183500.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kayne Anderson Capital Advisors                            | Kayne Anderson Energy Infrastructure Fund, Inc.                | CUSIP: 486606106<br>LEI: 5493002Z1F04JSF18549 | Long             | EC               | RF                | US        |     62389 | NS      | $771751.93    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co. L.P.                                             | KKR Income Opportunities Fund                                  | CUSIP: 48249T106<br>LEI: 549300H65GA67Q2C3B36 | Long             | EC               | RF                | US        |    185719 | NS      | $2340059.40   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty All Star Funds                                     | Liberty All-Star Growth Fund, Inc.                             | CUSIP: 529900102<br>LEI: 54930046Y8IF3CB2AL60 | Long             | EC               | RF                | US        |    547764 | NS      | $3040090.20   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Investment Management                       | Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.       | CUSIP: 617477104<br>LEI: 541YGIXZ6JJP4EZDJI96 | Long             | EC               | RF                | US        |    298354 | NS      | $1605144.52   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Income Fund Inc.                                       | MSC Income Fund Inc.                                           | CUSIP: 55374X208<br>LEI: 254900XHQK9DKZDIPC91 | Long             | EC               | CORP              | US        |      7000 | NS      | $91910.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors, Inc.                            | National Health Investors, Inc.                                | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |      4000 | NS      | $318000.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint                                                   | Highland Income Fund                                           | CUSIP: 43010E404<br>LEI: 254900CMUE9FRYL2UR80 | Long             | EC               | RF                | US        |    248451 | NS      | $1577663.85   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint                                                   | Highland Global Allocation Fund                                | CUSIP: 43010T104<br>LEI: 2549007A3RHSGZEL0R21 | Long             | EC               | RF                | US        |     45451 | NS      | $413149.59    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint                                                   | NexPoint Diversified Real Estate Trust                         | CUSIP: 65340G205<br>LEI: 5493008KGR2NU3OXMR64 | Long             | EC               |  | US        |    620642 | NS      | $2290168.98   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                                                | Nutrien Ltd                                                    | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |      6000 | NS      | $350460.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen                                                     | Nuveen Core Plus Impact Fund                                   | CUSIP: 67080D103<br>LEI: 549300N1H1AJ1P7VEI64 | Long             | EC               | RF                | US        |    226620 | NS      | $2495086.20   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PGIM Investments                                           | PGIM Short Duration High Yield Opportunities Fund              | CUSIP: 69355J104<br>LEI: 549300WGY7DHGMQJU952 | Long             | EC               | RF                | US        |    182022 | NS      | $3043407.84   | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Playtika Holding Corp                                      | Playtika Holding Corp                                          | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               | CORP              | US        |     35000 | NS      | $136150.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Seven Hills Realty Trust                                   | Seven Hills Realty Trust                                       | CUSIP: 81784E101<br>LEI: 549300ESBDZ3SA3OEX38 | Long             | EC               |  | US        |    162618 | NS      | $1676591.58   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| The Blackstone Group Inc                                   | Blackstone Strategic Credit Fund                               | CUSIP: 09257R101<br>LEI: 549300YESIF051NRED20 | Long             | EC               | RF                | US        |    207978 | NS      | $2531092.26   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| The Mexico Fund, Inc.                                      | The Mexico Fund, Inc.                                          | CUSIP: 592835102<br>LEI: N/A                  | Long             | EC               | RF                | US        |     44996 | NS      | $886421.20    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidal Trust II                                             | YieldMax XYZ Option Income Strategy ETF                        | CUSIP: 88634T766<br>LEI: N/A                  | Long             | EC               | RF                | US        |      6000 | NS      | $52440.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidal Trust II                                             | YieldMax R2000 0DTE Covered Strategy ETF                       | CUSIP: 88636R552<br>LEI: N/A                  | Long             | EC               | RF                | US        |      4900 | NS      | $217391.44    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust                                           | VanEck BDC Income ETF                                          | CUSIP: 92189F411<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |    105000 | NS      | $1568700.00   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners                                 | Virtus Global Multi-Sector Income Fund                         | CUSIP: 92829B101<br>LEI: 5493008J77OQDENT5651 | Long             | EC               | RF                | US        |    271292 | NS      | $2155008.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners                                 | Virtus Total Return Fund Inc.                                  | CUSIP: 92835W107<br>LEI: 549300KKRHI4GF7RNQ81 | Long             | EC               | RF                | US        |     80288 | NS      | $517857.60    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners                                 | Virtus Convertible & Income Fund II                            | CUSIP: 92838U801<br>LEI: 549300VQWKOKLGOGUQ16 | Long             | EC               | RF                | US        |     62522 | NS      | $855300.96    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners                                 | Virtus Convertible & Income Fund                               | CUSIP: 92838X805<br>LEI: N/A                  | Long             | EC               | RF                | US        |    180045 | NS      | $2700675.00   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Investment Management                                 | Voya Emerging Markets High Dividend Equity Fund                | CUSIP: 92912P108<br>LEI: 549300MBU0OQHUKI2Y86 | Long             | EC               | RF                | US        |     30557 | NS      | $191589.33    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-20

**Name of Applicant:** Modern Capital Funds Trust

**Signature:** /s/ John Tabb

**Name of Signer:** John Tabb

**Title:** Principal Financial Officer