# EDGAR Filing Document

**Accession Number:** 0001843263
**File Stem:** 0002000324-26-002197
**Filing Date:** 2026-6
**Character Count:** 122104
**Document Hash:** f3f395d04143ffa748195bffbfce8efa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002197.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0002000324-26-002197

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tactical Investment Series Trust
- **CENTRAL INDEX KEY:** 0001843263

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23631
- **FILM NUMBER:** 261046439

**BUSINESS ADDRESS:**
- **STREET 1:** 1675 SOUTH STATE STREET
- **STREET 2:** SUITE B
- **CITY:** DOVER
- **STATE:** DE
- **ZIP:** 19901
- **BUSINESS PHONE:** 631-470-2688

**MAIL ADDRESS:**
- **STREET 1:** 1675 SOUTH STATE STREET
- **STREET 2:** SUITE B
- **CITY:** DOVER
- **STATE:** DE
- **ZIP:** 19901

## Series and Classes Contracts Data

### Tactical Growth Allocation Fund (Series ID: S000071481)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000226701 | Tactical Growth Allocation Fund Class I | TFAFX           |

## Nport-Ex

**TACTICAL GROWTH ALLOCATION FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 31.16%** | **Shares** | **Value** |
| **Aerospace & Defense - 0.52%** |  |  |
| &nbsp;&nbsp;&nbsp;General Electric Co. | 100 | $28377 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | 40 | 24176 |
| &nbsp;&nbsp;&nbsp;Moog, Inc. - Class A | 100 | 29264 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | 40 | 27290 |
| &nbsp;&nbsp;&nbsp;RTX Corp. | 250 | 48225 |
| &nbsp;&nbsp;&nbsp;StandardAero, Inc. <sup>(a)</sup> | 1200 | 30996 |
|  |  | 188328 |
| **Airlines - 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. | 580 | 38558 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co. | 810 | 30432 |
| &nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc. <sup>(a)</sup> | 370 | 34066 |
|  |  | 103056 |
| **Apparel - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;Tapestry, Inc. | 230 | 32455 |
| **Auto Manufacturers - 0.17%** |  |  |
| &nbsp;&nbsp;&nbsp;Cummins, Inc. | 60 | 32281 |
| &nbsp;&nbsp;&nbsp;General Motors Co. | 410 | 30545 |
|  |  | 62826 |
| **Banks - 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp;BOK Financial Corp. | 270 | 34576 |
| &nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | 530 | 31784 |
| &nbsp;&nbsp;&nbsp;First Horizon Corp. | 1510 | 34368 |
|  |  | 100728 |
| **Beverages - 0.08%** |  |  |
| &nbsp;&nbsp;&nbsp;Coca-Cola Co. | 390 | 29659 |
| **Biotechnology - 3.60%** |  |  |
| &nbsp;&nbsp;&nbsp;Amgen, Inc. | 80 | 28148 |
| &nbsp;&nbsp;&nbsp;AnaptysBio, Inc. <sup>(a)</sup> | 8810 | 488603 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 200 | 27874 |
| &nbsp;&nbsp;&nbsp;Incyte Corp. <sup>(a)</sup> | 330 | 31060 |
| &nbsp;&nbsp;&nbsp;Moderna, Inc. <sup>(a)</sup> | 600 | 30480 |
| &nbsp;&nbsp;&nbsp;Oruka Therapeutics, Inc. <sup>(a)</sup> | 14365 | 704603 |
|  |  | 1310768 |
| **Computers - 2.45%** |  |  |
| &nbsp;&nbsp;&nbsp;Apple, Inc. | 3255 | 826086 |
| &nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. <sup>(a)</sup> | 50 | 35138 |
| &nbsp;&nbsp;&nbsp;Western Digital Corp. | 120 | 32459 |
|  |  | 893683 |
| **Diversified Financial Services - 1.26%** |  |  |
| &nbsp;&nbsp;&nbsp;CME Group, Inc. | 100 | 29535 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | 1418 | 428576 |
|  |  | 458111 |
| **Electric - 0.58%** |  |  |
| &nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. | 230 | 30148 |
| &nbsp;&nbsp;&nbsp;CMS Energy Corp. | 400 | 31032 |
| &nbsp;&nbsp;&nbsp;Consolidated Edison, Inc. | 270 | 30559 |
| &nbsp;&nbsp;&nbsp;Edison International | 470 | 34395 |
| &nbsp;&nbsp;&nbsp;Entergy Corp. | 490 | 55056 |
| &nbsp;&nbsp;&nbsp;FirstEnergy Corp. | 620 | 31409 |
|  |  | 212599 |
| **Electronics - 1.73%** |  |  |
| &nbsp;&nbsp;&nbsp;Amphenol Corp. - Class A | 4224 | 533702 |
| &nbsp;&nbsp;&nbsp;Arrow Electronics, Inc. <sup>(a)</sup> | 240 | 34418 |
| &nbsp;&nbsp;&nbsp;TTM Technologies, Inc. <sup>(a)</sup> | 350 | 34097 |
| &nbsp;&nbsp;&nbsp;Woodward, Inc. | 80 | 28634 |
|  |  | 630851 |

---

**TACTICAL GROWTH ALLOCATION FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 31.16% (continued)** | **Shares** | **Value** |
| **Engineering & Construction - 0.26%** |  |  |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | 20 | $27580 |
| &nbsp;&nbsp;&nbsp;Construction Partners, Inc. - Class A <sup>(a)</sup> | 280 | 31114 |
| &nbsp;&nbsp;&nbsp;MasTec, Inc. <sup>(a)</sup> | 110 | 35391 |
|  |  | 94085 |
| **Environmental Control - 0.08%** |  |  |
| &nbsp;&nbsp;&nbsp;Waste Management, Inc. | 130 | 29873 |
| **Gas - 0.23%** |  |  |
| &nbsp;&nbsp;&nbsp;National Fuel Gas Co. | 340 | 31946 |
| &nbsp;&nbsp;&nbsp;NiSource, Inc. | 1120 | 52259 |
|  |  | 84205 |
| **Healthcare - Products - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;Globus Medical, Inc. <sup>(a)</sup> | 380 | 32741 |
| **Home Furnishings - 1.43%** |  |  |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc. - Class A | 8647 | 519339 |
| **Insurance - 0.22%** |  |  |
| &nbsp;&nbsp;&nbsp;Hartford Insurance Group, Inc. | 350 | 47330 |
| &nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | 160 | 32666 |
|  |  | 79996 |
| **Internet - 4.54%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | 1873 | 538600 |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | 110 | 31555 |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc. <sup>(a)</sup> | 2821 | 587530 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A | 867 | 496037 |
|  |  | 1653722 |
| **Machinery - Construction & Mining - 0.08%** |  |  |
| &nbsp;&nbsp;&nbsp;Vertiv Holdings Co. - Class A | 120 | 30070 |
| **Metal Fabricate & Hardware - 1.18%** |  |  |
| &nbsp;&nbsp;&nbsp;Mueller Industries, Inc. | 3883 | 430236 |
| **Mining - 1.33%** |  |  |
| &nbsp;&nbsp;&nbsp;Coeur Mining, Inc. <sup>(a)</sup> | 1560 | 29281 |
| &nbsp;&nbsp;&nbsp;McEwen, Inc. - Canada <sup>(a)</sup> | 18752 | 382916 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 410 | 44383 |
| &nbsp;&nbsp;&nbsp;Southern Copper Corp. | 170 | 29250 |
|  |  | 485830 |
| **Pharmaceuticals - 1.67%** |  |  |
| &nbsp;&nbsp;&nbsp;AbbVie, Inc. | 130 | 28274 |
| &nbsp;&nbsp;&nbsp;Ascendis Pharma A/S - Denmark - ADR <sup>(a)</sup> | 2077 | 475072 |
| &nbsp;&nbsp;&nbsp;Cardinal Health, Inc. | 230 | 48601 |
| &nbsp;&nbsp;&nbsp;Eli Lilly & Co. | 60 | 55186 |
|  |  | 607133 |
| **Pipelines - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;Enterprise Products Partners LP | 840 | 31786 |
| **REITS - 0.33%** |  |  |
| &nbsp;&nbsp;&nbsp;AGNC Investment Corp. | 3000 | 30090 |
| &nbsp;&nbsp;&nbsp;Annaly Capital Management, Inc. | 1520 | 32148 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 850 | 31152 |
| &nbsp;&nbsp;&nbsp;Omega Healthcare Investors, Inc. | 650 | 28483 |
|  |  | 121873 |
| **Retail - 1.24%** |  |  |
| &nbsp;&nbsp;&nbsp;Costco Wholesale Corp. | 366 | 364693 |
| &nbsp;&nbsp;&nbsp;Five Below, Inc. <sup>(a)</sup> | 150 | 34272 |
| &nbsp;&nbsp;&nbsp;Home Depot, Inc. | 80 | 26311 |
| &nbsp;&nbsp;&nbsp;McDonald's Corp. | 90 | 27971 |
|  |  | 453247 |

---

**TACTICAL GROWTH ALLOCATION FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 31.16% (continued)** | **Shares** | **Value** |
| **Semiconductors - 4.06%** |  |  |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 100 | $31814 |
| &nbsp;&nbsp;&nbsp;Broadcom, Inc. | 1700 | 526167 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 120 | 40541 |
| &nbsp;&nbsp;&nbsp;NVIDIA Corp. | 4869 | 849154 |
| &nbsp;&nbsp;&nbsp;Teradyne, Inc. | 100 | 29646 |
|  |  | 1477322 |
| **Shipbuilding - 0.13%** |  |  |
| &nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | 120 | 45588 |
| **Software - 1.72%** |  |  |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | 1696 | 627808 |
| **Telecommunications - 1.13%** |  |  |
| &nbsp;&nbsp;&nbsp;AT&T, Inc. | 1070 | 31019 |
| &nbsp;&nbsp;&nbsp;InterDigital, Inc. | 1262 | 381124 |
|  |  | 412143 |
| **Toys, Games & Hobbies - 0.13%** |  |  |
| &nbsp;&nbsp;&nbsp;Hasbro, Inc. | 520 | 48672 |
| **Transportation - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;CH Robinson Worldwide, Inc. | 190 | 31553 |
| **Water - 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp; American Water Works Co., Inc. | 230 | 31301 |
| **TOTAL COMMON STOCK (Cost $11,286,298)** |  | 11351587 |
| **EXCHANGE-TRADED FUNDS - 65.20%** |  |  |
| **Alternative Funds - 1.71%** |  |  |
| &nbsp;&nbsp;&nbsp;First Trust Long/Short Equity ETF <sup>(b)</sup> | 5600 | 394016 |
| &nbsp;&nbsp;&nbsp;First Trust Multi-Strategy Alternative ETF | 9500 | 230896 |
|  |  | 624912 |
| **Asset Allocation Funds - 20.48%** |  |  |
| &nbsp;&nbsp;&nbsp;Alpha Architect High Inflation And Deflation ETF | 2261 | 54275 |
| &nbsp;&nbsp;&nbsp;Direxion HCM Tactical Enhanced U.S. ETF | 64469 | 2268664 |
| &nbsp;&nbsp;&nbsp;HCM Defender 100 Index ETF | 35826 | 2501730 |
| &nbsp;&nbsp;&nbsp;HCM Defender 500 Index ETF | 46260 | 2634905 |
|  |  | 7459574 |
| **Commodity Funds - 0.73%** |  |  |
| &nbsp;&nbsp;&nbsp;Harbor Commodity All Weather Strategy ETF | 1817 | 56345 |
| &nbsp;&nbsp;&nbsp;Invesco DB Commodity Index Tracking Fund | 7300 | 211335 |
|  |  | 267680 |
| **Debt Funds - 12.89%** |  |  |
| &nbsp;&nbsp;&nbsp;First Trust Emerging Markets Local Currency Bond ETF | 6800 | 195411 |
| &nbsp;&nbsp;&nbsp;First Trust Enhanced Short Maturity ETF | 5663 | 338534 |
| &nbsp;&nbsp;&nbsp;First Trust Securitized Plus ETF | 9400 | 200502 |
| &nbsp;&nbsp;&nbsp;FolioBeyond Alternative Income and Interest Rate Hedge ETF <sup>(b)</sup> | 5700 | 206454 |
| &nbsp;&nbsp;&nbsp;Invesco Variable Rate Investment Grade ETF | 11097 | 277813 |
| &nbsp;&nbsp;&nbsp;iShares 0-5 Year TIPS Bond ETF | 2695 | 278744 |
| &nbsp;&nbsp;&nbsp;iShares 20+ Year Treasury Bond ETF | 9110 | 789746 |
| &nbsp;&nbsp;&nbsp;iShares J.P. Morgan USD Emerging Markets Bond ETF | 890 | 83598 |
| &nbsp;&nbsp;&nbsp;JPMorgan Core Plus Bond ETF | 4300 | 202444 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 18835 | 1726039 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Bloomberg Short Term High Yield Bond ETF | 8000 | 199840 |
| &nbsp;&nbsp;&nbsp;VanEck High Yield Muni ETF | 3900 | 195546 |
|  |  | 4694671 |
| **Equity Funds - 29.39%** |  |  |
| &nbsp;&nbsp;&nbsp;First Trust Morningstar Dividend Leaders Index Fund | 2151 | 109271 |
| &nbsp;&nbsp;&nbsp;FT Vest Laddered Buffer ETF <sup>(a)(b)</sup> | 11800 | 398486 |
| &nbsp;&nbsp;&nbsp;FT Vest U.S. Equity Buffer ETF - August <sup>(a)</sup> | 9940 | 514723 |
| &nbsp;&nbsp;&nbsp;Global X Nasdaq 100 Covered Call ETF | 3247 | 55686 |

---

**TACTICAL GROWTH ALLOCATION FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **EXCHANGE-TRADED FUNDS - 65.20% (continued)** | **Shares** | **Value** |
| **Equity Funds - 29.39% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Global X SuperDividend ETF | 2203 | $55648 |
| &nbsp;&nbsp;&nbsp;Global X U.S. Infrastructure Development ETF | 1000 | 50810 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs ActiveBeta International Equity ETF | 2900 | 125077 |
| &nbsp;&nbsp;&nbsp;Innovator Growth 100 Power Buffer ETF - April <sup>(a)(b)</sup> | 4200 | 229404 |
| &nbsp;&nbsp;&nbsp;Innovator Growth 100 Power Buffer ETF - January <sup>(a)(b)</sup> | 4000 | 213480 |
| &nbsp;&nbsp;&nbsp;Innovator Growth 100 Power Buffer ETF - July <sup>(a)(b)</sup> | 3000 | 214244 |
| &nbsp;&nbsp;&nbsp;Innovator Growth-100 Power Buffer ETF - October <sup>(a)(b)</sup> | 3700 | 208551 |
| &nbsp;&nbsp;&nbsp;Innovator Growth-100 Power Buffer ETF - November <sup>(a)</sup> | 1510 | 42070 |
| &nbsp;&nbsp;&nbsp;Innovator Laddered Allocation Buffer ETF <sup>(a)</sup> | 12800 | 459648 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - April <sup>(a)(b)</sup> | 2800 | 109602 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - January <sup>(a)(b)</sup> | 3560 | 111357 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - July <sup>(a)(b)</sup> | 2980 | 113291 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - October <sup>(a)(b)</sup> | 3360 | 110501 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated ETF - Quarterly <sup>(a)</sup> | 2020 | 79959 |
| &nbsp;&nbsp;&nbsp;Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Utilities Momentum ETF | 1201 | 56461 |
| &nbsp;&nbsp;&nbsp;Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Pure Value ETF | 500 | 53695 |
| &nbsp;&nbsp;&nbsp;Invesco QQQ Trust Series 1 | 4603 | 2656760 |
| &nbsp;&nbsp;&nbsp;Invesco S&P 500 Equal Weight Energy ETF | 513 | 56158 |
| &nbsp;&nbsp;&nbsp;Invesco S&P 500 Pure Growth ETF | 1192 | 55714 |
| &nbsp;&nbsp;&nbsp;Invesco S&P MidCap Momentum ETF | 386 | 55978 |
| &nbsp;&nbsp;&nbsp;Invesco Semiconductors ETF | 420 | 39640 |
| &nbsp;&nbsp;&nbsp;iShares Expanded Tech Sector ETF | 1050 | 124436 |
| &nbsp;&nbsp;&nbsp;iShares Morningstar Growth ETF | 1290 | 123169 |
| &nbsp;&nbsp;&nbsp;iShares Mortgage Real Estate ETF | 3000 | 64410 |
| &nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | 1760 | 170949 |
| &nbsp;&nbsp;&nbsp;iShares MSCI EAFE Value ETF | 730 | 54275 |
| &nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | 1460 | 82913 |
| &nbsp;&nbsp;&nbsp;iShares MSCI International Value Factor ETF | 1330 | 52774 |
| &nbsp;&nbsp;&nbsp;iShares MSCI Taiwan ETF | 1200 | 85104 |
| &nbsp;&nbsp;&nbsp;iShares MSCI USA Quality Factor ETF | 920 | 176465 |
| &nbsp;&nbsp;&nbsp;iShares S&P 500 Growth ETF | 1080 | 122159 |
| &nbsp;&nbsp;&nbsp;iShares S&P Mid-Cap 400 Growth ETF | 840 | 84521 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Broker-Dealers & Securities Exchanges ETF | 390 | 64030 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Financial Services ETF | 820 | 67929 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Oil Equipment & Services ETF | 1480 | 42846 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Technology ETF | 670 | 121551 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Telecommunications ETF | 1030 | 40500 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra QQQ | 9600 | 585600 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra S&P500 | 4100 | 212708 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Dividend Equity ETF | 3505 | 107533 |
| &nbsp;&nbsp;&nbsp;State Street Energy Select Sector SPDR ETF | 4500 | 275670 |
| &nbsp;&nbsp;&nbsp;State Street Financial Select Sector SPDR ETF <sup>(b)</sup> | 1460 | 72080 |
| &nbsp;&nbsp;&nbsp;State Street Income Allocation ETF | 5900 | 197694 |
| &nbsp;&nbsp;&nbsp;State Street Multi-Asset Real Return ETF | 2400 | 86760 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Aerospace & Defense ETF | 240 | 60955 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Homebuilders ETF | 340 | 33565 |
| &nbsp;&nbsp;&nbsp;State Street Technology Select Sector SPDR ETF <sup>(b)</sup> | 1660 | 220614 |
| &nbsp;&nbsp;&nbsp;Swan Hedged Equity U.S. Large Cap ETF | 7700 | 190190 |
| &nbsp;&nbsp;&nbsp;Vanguard Communication Services ETF | 220 | 39565 |
| &nbsp;&nbsp;&nbsp;Vanguard FTSE Pacific ETF | 400 | 39092 |
| &nbsp;&nbsp;&nbsp;Vanguard Growth ETF | 190 | 82990 |
| &nbsp;&nbsp;&nbsp;Vanguard High Dividend Yield ETF | 570 | 84417 |
| &nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Growth ETF | 1120 | 122853 |
| &nbsp;&nbsp;&nbsp;Vanguard Total Stock Market ETF <sup>(b)</sup> | 1600 | 513296 |
| &nbsp;&nbsp;&nbsp;Vanguard Value ETF | 650 | 127530 |
|  |  | 10707357 |
| **TOTAL EXCHANGE-TRADED FUNDS (Cost $20,536,484)** |  | 23754194 |

---

**TACTICAL GROWTH ALLOCATION FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS - 3.60%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;Federated Hermes Government Obligations Fund - Institutional Class, 3.52% <sup>(c)</sup> | 235877 | $235877 |
| &nbsp;&nbsp;&nbsp;Federated Hermes Treasury Obligations Fund - Institutional Class, 3.52% <sup>(c)</sup> | 262512 | 262512 |
| &nbsp;&nbsp;&nbsp;Fidelity Government Portfolio - Institutional Class, 3.53% <sup>(c)</sup> | 811445 | 811445 |
| **TOTAL SHORT-TERM INVESTMENTS (Cost $1,309,834)** |  | 1309834 |
| **INVESTMENTS AT VALUE (Cost $33,132,616) - 99.96%** |  | $36415615 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES, NET - 0.04%** |  | 14411 |
| **NET ASSETS - 100.00%** |  | $36430026 |

---

Percentages are stated as a percent of net assets.

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of the security is allocated to a special custody account in which the broker executing trades on behalf of the Trust maintains control of the funds to ensure the Trust fulfills its obligations relating to the facilitation of margin transactions.

<sup>(c)</sup> Rate shown represents the 7-day effective yield at March 31, 2026, is subject to change and resets daily.

**The following abbreviations are used in this portfolio:**

ADR - American Depositary Receipt

DB - Deutsche Bank

EAFE - Europe, Australasia and Far East

ETF - Exchange-Traded Fund

FT - First Trust

FTSE - Financial Times Stock Exchange

HCM - Howard Capital Management

KBW - Keefe, Bruyette and Woods

LP - Limited Partnership

Ltd. - Limited

MSCI - Morgan Stanley Capital International

PIMCO - Pacific Investment Management Company LLC

PLC - Public Limited Company

REIT - Real Estate Investment Trust

S&P - Standard & Poor's

SPDR - Standard & Poor's Depositary Receipts

TIPS - Treasury Inflation Protected Securities

**The accompanying notes are an integral part of these financial statements.**

**TFA ALPHAGEN GROWTH FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 26.95%** | **Shares** | **Value** |
| **Aerospace & Defense - 2.08%** |  |  |
| &nbsp;&nbsp;&nbsp;General Electric Co. | 420 | $119183 |
| &nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions, Inc. <sup>(a)</sup> | 1920 | 135379 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | 730 | 441205 |
| &nbsp;&nbsp;&nbsp;Moog, Inc. - Class A | 409 | 119690 |
| &nbsp;&nbsp;&nbsp;Rocket Lab Corp. <sup>(a)</sup> | 5 | 321 |
| &nbsp;&nbsp;&nbsp;StandardAero, Inc. <sup>(a)</sup> | 5070 | 130958 |
|  |  | 946736 |
| **Apparel - 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp;Tapestry, Inc. | 900 | 126999 |
| **Auto Manufacturers - 0.55%** |  |  |
| &nbsp;&nbsp;&nbsp;PACCAR, Inc. | 2122 | 245091 |
| &nbsp;&nbsp;&nbsp;Tesla, Inc. <sup>(a)</sup> | 10 | 3718 |
|  |  | 248809 |
| **Banks - 0.99%** |  |  |
| &nbsp;&nbsp;&nbsp;BOK Financial Corp. | 1000 | 128060 |
| &nbsp;&nbsp;&nbsp;First Horizon Corp. | 6270 | 142705 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. | 190 | 160738 |
| &nbsp;&nbsp;&nbsp;NU Holdings Ltd. - Brazil - Class A <sup>(a)</sup> | 1404 | 20175 |
|  |  | 451678 |
| **Biotechnology - 0.90%** |  |  |
| &nbsp;&nbsp;&nbsp;Incyte Corp. <sup>(a)</sup> | 1400 | 131768 |
| &nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc. | 360 | 278150 |
|  |  | 409918 |
| **Computers - 2.98%** |  |  |
| &nbsp;&nbsp;&nbsp;Apple, Inc. | 1080 | 274093 |
| &nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. <sup>(a)</sup> | 580 | 407601 |
| &nbsp;&nbsp;&nbsp;Seagate Technology Holdings PLC. | 900 | 352584 |
| &nbsp;&nbsp;&nbsp;Western Digital Corp. | 1210 | 327293 |
|  |  | 1361571 |
| **Distribution & Wholesale - 0.58%** |  |  |
| &nbsp;&nbsp;&nbsp;Fastenal Co. | 5705 | 264712 |
| **Diversified Financial Services - 0.14%** |  |  |
| &nbsp;&nbsp;&nbsp;Ally Financial, Inc. | 400 | 15692 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp. | 86 | 15689 |
| &nbsp;&nbsp;&nbsp;Evercore, Inc. | 60 | 17911 |
| &nbsp;&nbsp;&nbsp;TPG, Inc. | 400 | 16204 |
|  |  | 65496 |
| **Electric - 1.10%** |  |  |
| &nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. | 2600 | 340808 |
| &nbsp;&nbsp;&nbsp;Edison International | 2120 | 155142 |
| &nbsp;&nbsp;&nbsp;Oklo, Inc. <sup>(a)</sup> | 10 | 496 |
| &nbsp;&nbsp;&nbsp;Talen Energy Corp. <sup>(a)</sup> | 20 | 6385 |
|  |  | 502831 |

---

**TFA ALPHAGEN GROWTH FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 26.95% (continued)** | **Shares** | **Value** |
| **Electronics - 1.69%** |  |  |
| &nbsp;&nbsp;&nbsp;Advanced Energy Industries, Inc. | 580 | $187172 |
| &nbsp;&nbsp;&nbsp;Arrow Electronics, Inc. <sup>(a)</sup> | 1000 | 143410 |
| &nbsp;&nbsp;&nbsp;Celestica, Inc. - Canada <sup>(a)</sup> | 54 | 15211 |
| &nbsp;&nbsp;&nbsp;Coherent Corp. <sup>(a)</sup> | 650 | 154837 |
| &nbsp;&nbsp;&nbsp;TTM Technologies, Inc. <sup>(a)</sup> | 1600 | 155872 |
| &nbsp;&nbsp;&nbsp;Woodward, Inc. | 320 | 114534 |
|  |  | 771036 |
| **Engineering & Construction - 1.34%** |  |  |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | 100 | 137899 |
| &nbsp;&nbsp;&nbsp;Construction Partners, Inc. - Class A <sup>(a)</sup> | 1109 | 123232 |
| &nbsp;&nbsp;&nbsp;MasTec, Inc. <sup>(a)</sup> | 1050 | 337827 |
| &nbsp;&nbsp;&nbsp;Primoris Services Corp. | 100 | 14304 |
|  |  | 613262 |
| **Gas - 0.32%** |  |  |
| &nbsp;&nbsp;&nbsp;National Fuel Gas Co. | 1570 | 147517 |
| **Healthcare - Products - 0.38%** |  |  |
| &nbsp;&nbsp;&nbsp;Globus Medical, Inc. <sup>(a)</sup> | 1740 | 149918 |
| &nbsp;&nbsp;&nbsp;Guardant Health, Inc. <sup>(a)</sup> | 260 | 24016 |
| &nbsp;&nbsp;&nbsp;Tempus AI, Inc. - Class A <sup>(a)</sup> | 10 | 452 |
|  |  | 174386 |
| **Healthcare - Services - 0.34%** |  |  |
| &nbsp;&nbsp;&nbsp;Tenet Healthcare Corp. <sup>(a)</sup> | 820 | 154742 |
| **Insurance - 0.27%** |  |  |
| &nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | 600 | 122496 |
| **Internet - 1.80%** |  |  |
| &nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd. - Hong Kong - ADR | 350 | 43911 |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | 940 | 270306 |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | 1600 | 458976 |
| &nbsp;&nbsp;&nbsp;Baidu, Inc. - China - ADR <sup>(a)</sup> | 450 | 50139 |
|  |  | 823332 |
| **Machinery - Construction & Mining - 0.49%** |  |  |
| &nbsp;&nbsp;&nbsp;Vertiv Holdings Co. - Class A | 900 | 225522 |
| **Machinery - Diversified - 0.38%** |  |  |
| &nbsp;&nbsp;&nbsp;Cognex Corp. | 3510 | 171955 |
| **Media - 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc. <sup>(a)</sup> | 6400 | 175744 |
| **Mining - 0.54%** |  |  |
| &nbsp;&nbsp;&nbsp;Coeur Mining, Inc. <sup>(a)</sup> | 6800 | 127636 |
| &nbsp;&nbsp;&nbsp;Southern Copper Corp. | 700 | 120442 |
|  |  | 248078 |
| **Miscellaneous Manufacturing - 0.50%** |  |  |
| &nbsp;&nbsp;&nbsp;Fabrinet - Thailand <sup>(a)</sup> | 440 | 229469 |

---

**TFA ALPHAGEN GROWTH FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 26.95% (continued)** | **Shares** | **Value** |
| **Pharmaceuticals - 0.30%** |  |  |
| &nbsp;&nbsp;&nbsp;Eli Lilly & Co. | 150 | $137965 |
| **REITS - 0.85%** |  |  |
| &nbsp;&nbsp;&nbsp;AGNC Investment Corp. | 12500 | 125375 |
| &nbsp;&nbsp;&nbsp;Annaly Capital Management, Inc. | 6170 | 130496 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 3570 | 130841 |
|  |  | 386712 |
| **Retail - 0.87%** |  |  |
| &nbsp;&nbsp;&nbsp;Five Below, Inc. <sup>(a)</sup> | 600 | 137088 |
| &nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 1200 | 259956 |
|  |  | 397044 |
| **Semiconductors - 5.58%** |  |  |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 1200 | 381768 |
| &nbsp;&nbsp;&nbsp;Applied Materials, Inc. | 520 | 177731 |
| &nbsp;&nbsp;&nbsp;ASML Holding NV - Netherlands - ADR | 120 | 158500 |
| &nbsp;&nbsp;&nbsp;IPG Photonics Corp. <sup>(a)</sup> | 2100 | 240639 |
| &nbsp;&nbsp;&nbsp;KLA Corp. | 120 | 176689 |
| &nbsp;&nbsp;&nbsp;Lam Research Corp. | 1600 | 341856 |
| &nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 2400 | 155064 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 830 | 280407 |
| &nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | 150 | 164003 |
| &nbsp;&nbsp;&nbsp;NVIDIA Corp. | 1000 | 174400 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. - Taiwan - ADR | 480 | 162216 |
| &nbsp;&nbsp;&nbsp;Teradyne, Inc. | 440 | 130442 |
|  |  | 2543715 |
| **Software - 0.37%** |  |  |
| &nbsp;&nbsp;&nbsp;Cloudflare, Inc. - Class A <sup>(a)</sup> | 10 | 2063 |
| &nbsp;&nbsp;&nbsp;MongoDB, Inc. <sup>(a)</sup> | 680 | 166444 |
| &nbsp;&nbsp;&nbsp;Nebius Group NV - Netherlands <sup>(a)</sup> | 20 | 2075 |
|  |  | 170582 |
| **Telecommunications - 0.94%** |  |  |
| &nbsp;&nbsp;&nbsp;Arista Networks, Inc. <sup>(a)</sup> | 1200 | 147336 |
| &nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 3600 | 279324 |
|  |  | 426660 |
| **TOTAL COMMON STOCK (Cost $12,766,832)** |  | 12298967 |
| **EXCHANGE-TRADED FUNDS - 67.52%** |  |  |
| **Commodity Fund - 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp;SPDR Gold Shares <sup>(a)</sup> | 153 | 65834 |
| **Debt Fund - 1.01%** |  |  |
| &nbsp;&nbsp;&nbsp;iShares J.P. Morgan USD Emerging Markets Bond ETF | 4900 | 460257 |

---

**TFA ALPHAGEN GROWTH FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **EXCHANGE-TRADED FUNDS - 67.52% (continued)** | **Shares** | **Value** |
| **Equity Funds - 66.36%** |  |  |
| &nbsp;&nbsp;&nbsp;Goldman Sachs ActiveBeta International Equity ETF | 18601 | $802261 |
| &nbsp;&nbsp;&nbsp;Innovator Growth-100 Power Buffer ETF - November <sup>(a)</sup> | 16800 | 468058 |
| &nbsp;&nbsp;&nbsp;Innovator Laddered Allocation Buffer ETF <sup>(a)</sup> | 98400 | 3533544 |
| &nbsp;&nbsp;&nbsp;iShares Expanded Tech Sector ETF | 8300 | 983633 |
| &nbsp;&nbsp;&nbsp;iShares Morningstar Growth ETF | 7974 | 761358 |
| &nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | 9700 | 942161 |
| &nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | 7700 | 437283 |
| &nbsp;&nbsp;&nbsp;iShares MSCI Taiwan ETF | 6400 | 453888 |
| &nbsp;&nbsp;&nbsp;iShares MSCI USA Min Vol Factor ETF | 1239 | 114905 |
| &nbsp;&nbsp;&nbsp;iShares S&P 500 Growth ETF | 6840 | 773672 |
| &nbsp;&nbsp;&nbsp;iShares S&P Mid-Cap 400 Growth ETF | 3982 | 400669 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Aerospace & Defense ETF | 300 | 65625 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Broker-Dealers & Securities Exchanges ETF | 2600 | 426868 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Financials ETF | 700 | 82362 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Financial Services ETF | 6000 | 497040 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Technology ETF | 4280 | 776478 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra QQQ | 79000 | 4819000 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra S&P500 | 30500 | 1582340 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Growth ETF | 3446 | 100382 |
| &nbsp;&nbsp;&nbsp;State Street Consumer Staples Select Sector SPDR ETF | 4800 | 393504 |
| &nbsp;&nbsp;&nbsp;State Street Communication Services Select Sector SPDR ETF | 679 | 75274 |
| &nbsp;&nbsp;&nbsp;State Street Energy Select Sector SPDR ETF | 44300 | 2713818 |
| &nbsp;&nbsp;&nbsp;State Street Financial Select Sector SPDR ETF | 8200 | 404834 |
| &nbsp;&nbsp;&nbsp;State Street Industrial Select Sector SPDR ETF | 4900 | 792477 |
| &nbsp;&nbsp;&nbsp;State Street Multi-Asset Real Return ETF | 11800 | 426570 |
| &nbsp;&nbsp;&nbsp;State Street SPDR NYSE Technology ETF | 2800 | 714784 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Aerospace & Defense ETF | 1699 | 431512 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Homebuilders ETF | 3000 | 296160 |
| &nbsp;&nbsp;&nbsp;State Street Technology Select Sector SPDR ETF <sup>(b)</sup> | 8600 | 1142940 |
| &nbsp;&nbsp;&nbsp;State Street Utilities Select Sector SPDR ETF | 7300 | 334997 |
| &nbsp;&nbsp;&nbsp;Vanguard Communication Services ETF | 1500 | 269760 |
| &nbsp;&nbsp;&nbsp;Vanguard Growth ETF | 1480 | 646449 |
| &nbsp;&nbsp;&nbsp;Vanguard High Dividend Yield ETF | 2700 | 399870 |
| &nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Growth ETF | 6980 | 765636 |
| &nbsp;&nbsp;&nbsp;Vanguard Total Stock Market ETF <sup>(b)</sup> | 7540 | 2418907 |
| &nbsp;&nbsp;&nbsp;Vanguard Value ETF | 150 | 29430 |
|  |  | 30278449 |
| **TOTAL EXCHANGE-TRADED FUNDS (Cost $31,588,592)** |  | 30804540 |

---

**TFA ALPHAGEN GROWTH FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENT - 5.55%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;Fidelity Government Portfolio - Institutional Class, 3.53% <sup>(c)</sup> | 2531973 | $2531973 |
| **SHORT-TERM INVESTMENT (Cost $2,531,973)** |  | 2531973 |
| **INVESTMENTS AT VALUE (Cost $46,887,397) - 100.02%** |  | $45635480 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS, NET - (0.02%)** |  | (9752) |
| **NET ASSETS - 100.00%** |  | $45625728 |

---

Percentages are stated as a percent of net assets.

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of the security is allocated to a special custody account in which the broker executing trades on behalf of the Trust maintains control of the funds to ensure the Trust fulfills its obligations relating to the facilitation of margin transactions.

<sup>(c)</sup> Rate shown represents the 7-day yield at March 31, 2026, is subject to change and resets daily.

**The following abbreviations are used in this portfolio:**

ADR - American Depositary Receipt

AI – Artificial Intelligence

EAFE - Europe, Australasia, and Far East

ETF - Exchange-Traded Fund

ETN - Exchange-Trades Notes

FT - First Trust

FTSE - Financial Times Stock Exchange

Ltd. - Limited

MSCI - Morgan Stanley Capital International

NV - Naamloze Vennootschap (Dutch Public Company)

NYSE - New York Stock Exchange

PLC - Public Limited Company

REIT - Real Estate Invetsment Trust

S&P - Standard & Poor's

SPDR - Standard & Poor's Depositary Receipts

**The accompanying notes are an integral part of these financial statements.**

**TFA QUANTITATIVE FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 19.02%** | **Shares** | **Value** |
| **Aerospace & Defense - 0.90%** |  |  |
| &nbsp;&nbsp;&nbsp;General Electric Co. | 310 | $87969 |
| &nbsp;&nbsp;&nbsp;Moog Inc. - Class A | 330 | 96571 |
| &nbsp;&nbsp;&nbsp;Rocket Lab Corp. <sup>(a)</sup> | 9 | 578 |
| &nbsp;&nbsp;&nbsp;RTX Corp. | 1340 | 258486 |
| &nbsp;&nbsp;&nbsp;StandardAero, Inc. <sup>(a)</sup> | 3600 | 92988 |
|  |  | 536592 |
| **Airlines - 0.91%** |  |  |
| &nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. | 3090 | 205423 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co. | 4180 | 157043 |
| &nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc. <sup>(a)</sup> | 1980 | 182299 |
|  |  | 544765 |
| **Apparel - 0.17%** |  |  |
| &nbsp;&nbsp;&nbsp;Tapestry, Inc. | 700 | 98777 |
| **Auto Manufacturers - 1.02%** |  |  |
| &nbsp;&nbsp;&nbsp;Cummins, Inc. | 310 | 166786 |
| &nbsp;&nbsp;&nbsp;General Motors Co. | 2310 | 172095 |
| &nbsp;&nbsp;&nbsp;PACCAR, Inc. | 2330 | 269115 |
|  |  | 607996 |
| **Banks - 0.65%** |  |  |
| &nbsp;&nbsp;&nbsp;BOK Financial Corp. | 830 | 106290 |
| &nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | 2980 | 178711 |
| &nbsp;&nbsp;&nbsp;First Horizon Corp. | 4500 | 102420 |
|  |  | 387421 |
| **Biotechnology - 0.97%** |  |  |
| &nbsp;&nbsp;&nbsp;Incyte Corp. <sup>(a)</sup> | 1000 | 94120 |
| &nbsp;&nbsp;&nbsp;Moderna, Inc. <sup>(a)</sup> | 3310 | 168148 |
| &nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc. | 410 | 316782 |
|  |  | 579050 |
| **Computers - 1.49%** |  |  |
| &nbsp;&nbsp;&nbsp;Apple, Inc. | 1070 | 271555 |
| &nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. <sup>(a)</sup> | 160 | 112442 |
| &nbsp;&nbsp;&nbsp;Seagate Technology Holdings PLC | 450 | 176292 |
| &nbsp;&nbsp;&nbsp;Western Digital Corp. | 1220 | 329998 |
|  |  | 890287 |
| **Distribution & Wholesale - 0.46%** |  |  |
| &nbsp;&nbsp;&nbsp;Fastenal Co. | 5970 | 277008 |
| **Electric - 1.24%** |  |  |
| &nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. | 2550 | 334254 |
| &nbsp;&nbsp;&nbsp;Edison International | 1430 | 104647 |
| &nbsp;&nbsp;&nbsp;Entergy Corp. | 2660 | 298878 |
|  |  | 737779 |
| **Electronics - 0.51%** |  |  |
| &nbsp;&nbsp;&nbsp;Arrow Electronics, Inc. <sup>(a)</sup> | 730 | 104689 |
| &nbsp;&nbsp;&nbsp;TTM Technologies, Inc. <sup>(a)</sup> | 1100 | 107162 |
| &nbsp;&nbsp;&nbsp;Woodward, Inc. | 260 | 93059 |
|  |  | 304910 |

---

**TFA QUANTITATIVE FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 19.02% (Continued)** | **Shares** | **Value** |
| **Engineering & Construction - 0.52%** |  |  |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | 70 | $96529 |
| &nbsp;&nbsp;&nbsp;Construction Partners Inc. - Class A <sup>(a)</sup> | 850 | 94452 |
| &nbsp;&nbsp;&nbsp;MasTec, Inc. <sup>(a)</sup> | 380 | 122261 |
|  |  | 313242 |
| **Gas - 0.63%** |  |  |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | 1050 | 98658 |
| &nbsp;&nbsp;&nbsp; NiSource, Inc. | 5950 | 277627 |
|  |  | 376285 |
| **Healthcare - Products - 0.16%** |  |  |
| &nbsp;&nbsp;&nbsp;Globus Medical, Inc. <sup>(a)</sup> | 1100 | 94776 |
| **Insurance - 0.62%** |  |  |
| &nbsp;&nbsp;&nbsp;Hartford Insurance Group, Inc. | 1970 | 266403 |
| &nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | 500 | 102080 |
|  |  | 368483 |
| **Internet - 1.18%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | 940 | 270306 |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | 1520 | 436027 |
|  |  | 706333 |
| **Machinery - Construction & Mining - 0.18%** |  |  |
| &nbsp;&nbsp;&nbsp;Vertiv Holdings Co. - Class A | 430 | 107749 |
| **Media - 0.30%** |  |  |
| &nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc. <sup>(a)</sup> | 6521 | 179067 |
| **Mining - 0.72%** |  |  |
| &nbsp;&nbsp;&nbsp;Coeur Mining, Inc. <sup>(a)</sup> | 4900 | 91973 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 2280 | 246810 |
| &nbsp;&nbsp;&nbsp;Southern Copper Corp. | 540 | 92912 |
|  |  | 431695 |
| **Pharmaceuticals - 0.58%** |  |  |
| &nbsp;&nbsp;&nbsp;Cardinal Health, Inc. | 1260 | 266251 |
| &nbsp;&nbsp;&nbsp;Eli Lilly & Co. | 90 | 82779 |
|  |  | 349030 |
| **REITS - 0.47%** |  |  |
| &nbsp;&nbsp;&nbsp;AGNC Investment Corp. | 8897 | 89237 |
| &nbsp;&nbsp;&nbsp;Annaly Capital Management, Inc. | 4600 | 97290 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 2500 | 91625 |
|  |  | 278152 |
| **Retail - 0.66%** |  |  |
| &nbsp;&nbsp;&nbsp;Five Below, Inc. <sup>(a)</sup> | 470 | 107386 |
| &nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 1310 | 283785 |
|  |  | 391171 |

---

**TFA QUANTITATIVE FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCK - 19.02% (Continued)** | **Shares** | **Value** |
| **Semiconductors - 3.07%** |  |  |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 1340 | $426308 |
| &nbsp;&nbsp;&nbsp;Applied Materials, Inc. | 500 | 170895 |
| &nbsp;&nbsp;&nbsp;ASML Holding NV - Netherlands - ADR | 120 | 158500 |
| &nbsp;&nbsp;&nbsp;KLA Corp. | 120 | 176689 |
| &nbsp;&nbsp;&nbsp;Lam Research Corp. | 780 | 166655 |
| &nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 4160 | 268778 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 600 | 202704 |
| &nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | 150 | 164003 |
| &nbsp;&nbsp;&nbsp;Teradyne, Inc. | 330 | 97832 |
|  |  | 1832364 |
| **Shipbuilding - 0.41%** |  |  |
| &nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | 650 | 246935 |
| **Telecommunications - 0.47%** |  |  |
| &nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 3630 | 281652 |
| **Toys, Games & Hobbies - 0.45%** |  |  |
| &nbsp;&nbsp;&nbsp; Hasbro, Inc. | 2880 | 269568 |
| **Transportation - 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide, Inc. | 1020 | 169391 |
| **TOTAL COMMON STOCK (Cost $11,892,825)** |  | 11360478 |
| **EXCHANGE-TRADED FUNDS - 69.95%** |  |  |
| **Alternative Funds - 3.38%** |  |  |
| &nbsp;&nbsp;&nbsp;First Trust Long/Short Equity ETF <sup>(b)</sup> | 21200 | 1491632 |
| &nbsp;&nbsp;&nbsp;First Trust Multi-Strategy Alternative ETF | 21700 | 527414 |
|  |  | 2019046 |
| **Asset Allocation Funds - 10.67%** |  |  |
| &nbsp;&nbsp;&nbsp;Direxion HCM Tactical Enhanced U.S. ETF | 57266 | 2015191 |
| &nbsp;&nbsp;&nbsp;HCM Defender 100 Index ETF | 30641 | 2139661 |
| &nbsp;&nbsp;&nbsp;HCM Defender 500 Index ETF | 38909 | 2216202 |
|  |  | 6371054 |
| **Equity Funds - 55.90%** |  |  |
| &nbsp;&nbsp;&nbsp;FT Vest Laddered Buffer ETF <sup>(a) (b)</sup> | 44500 | 1502765 |
| &nbsp;&nbsp;&nbsp;Innovator Growth 100 Power Buffer ETF - April <sup>(a) (b)</sup> | 9500 | 518890 |
| &nbsp;&nbsp;&nbsp;Innovator Growth 100 Power Buffer ETF - January <sup>(a) (b)</sup> | 8900 | 474993 |
| &nbsp;&nbsp;&nbsp;Innovator Growth 100 Power Buffer ETF - July <sup>(a) (b)</sup> | 6700 | 478478 |
| &nbsp;&nbsp;&nbsp;Innovator Growth-100 Power Buffer ETF - October <sup>(a) (b)</sup> | 8100 | 456557 |
| &nbsp;&nbsp;&nbsp;Innovator Laddered Allocation Buffer ETF <sup>(a)</sup> | 158794 | 5702293 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - April <sup>(a) (b)</sup> | 6200 | 242691 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - January <sup>(a) (b)</sup> | 8000 | 250240 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - July <sup>(a) (b)</sup> | 6100 | 231904 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF-October <sup>(a) (b)</sup> | 7600 | 249943 |
| &nbsp;&nbsp;&nbsp;Invesco QQQ Trust Series 1 | 3744 | 2160962 |
| &nbsp;&nbsp;&nbsp;iShares Expanded Tech Sector ETF | 11400 | 1351014 |

---

**TFA QUANTITATIVE FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **EXCHANGE-TRADED FUNDS - 69.95% (Continued)** | **Shares** | **Value** |
| **Equity Funds - 55.90% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;iShares U.S. Aerospace & Defense ETF | 200 | $43750 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Broker-Dealers & Securities Exchanges ETF | 4220 | 692840 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Financial Services ETF | 8800 | 728992 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Financials ETF | 456 | 53653 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Technology ETF | 17510 | 3176664 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra QQQ | 64600 | 3940600 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra S&P500 | 116400 | 6038832 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Growth ETF | 2000 | 58260 |
| &nbsp;&nbsp;&nbsp;State Street SPDR NYSE Technology ETF | 4030 | 1028778 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Aerospace & Defense ETF | 2680 | 680666 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Homebuilders ETF | 3840 | 379085 |
| &nbsp;&nbsp;&nbsp;Swan Hedged Equity U.S. Large Cap ETF | 17000 | 419900 |
| &nbsp;&nbsp;&nbsp;Vanguard Communication Services ETF | 2490 | 447802 |
| &nbsp;&nbsp;&nbsp;Vanguard Total Stock Market ETF <sup>(b)</sup> | 6500 | 2085265 |
|  |  | 33395817 |
| **TOTAL EXCHANGE-TRADED FUNDS (Cost $39,797,660)** |  | 41785917 |
| **SHORT-TERM INVESTMENTS - 11.00%** |  |  |
| &nbsp;&nbsp;&nbsp;Federated Hermes Treasury Obligations Fund - Institutional Class, 3.52% <sup>(c)</sup> | 147140 | 147140 |
| &nbsp;&nbsp;&nbsp;Fidelity Government Portfolio - Institutional Class, 3.53% <sup>(c)</sup> | 6423650 | 6423650 |
| **TOTAL SHORT-TERM INVESTMENTS (Cost $6,570,790)** |  | 6570790 |
| **INVESTMENTS AT VALUE (Cost $58,261,275) - 99.97%** |  | $59717185 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES, NET - 0.03%** |  | 19586 |
| **NET ASSETS - 100.00%** |  | $59736771 |

---

Percentages are stated as a percent of net assets.

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of the security is allocated to a special custody account in which the broker executing trades on behalf of the Trust maintains control of the funds to ensure the Trust fulfills its obligations relating to the facilitation of margin transactions.

<sup>(c)</sup> Rate shown represents the 7-day effective yield at March 31, 2026, is subject to change and resets daily.

**The following abbreviations are used in this portfolio:**

ETF - Exchange-Traded Fund

FT - First Trust

HCM - Howard Capital Management

NV - Naamloze Vennootschap (Dutch Public Company)

NYSE - New York Stock Exchange

PLC - Public Limited Company

REIT - Real Estate Investment Trust

S&P - Standard & Poor's

SPDR - Standard & Poor's Depositary Receipts

**The accompanying notes are an integral part of these financial statements.**

**TFA TACTICAL INCOME FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **EXCHANGE-TRADED FUNDS - 98.49%** | **Shares** | **Value** |
| **Asset Allocation Fund - 7.31%** |  |  |
| &nbsp;&nbsp;&nbsp;State Street SPDR Bloomberg Convertible Securities ETF | 17900 | $1638208 |
| **Commodity Funds - 1.90%** |  |  |
| &nbsp;&nbsp;&nbsp;Invesco DB Commodity Index Tracking Fund | 8200 | 237390 |
| &nbsp;&nbsp;&nbsp;SPDR Gold Shares <sup>(a)</sup> | 440 | 189328 |
|  |  | 426718 |
| **Debt Funds - 73.20%** |  |  |
| &nbsp;&nbsp;&nbsp;Invesco Variable Rate Investment Grade ETF | 29109 | 728744 |
| &nbsp;&nbsp;&nbsp;iShares 0-5 Year TIPS Bond ETF | 7072 | 731457 |
| &nbsp;&nbsp;&nbsp;iShares 7-10 Year Treasury Bond ETF <sup>(b)</sup> | 2090 | 199470 |
| &nbsp;&nbsp;&nbsp;iShares 20+ Year Treasury Bond ETF | 35666 | 3091885 |
| &nbsp;&nbsp;&nbsp;iShares Core U.S. Aggregate Bond ETF <sup>(b)</sup> | 20000 | 1985400 |
| &nbsp;&nbsp;&nbsp;iShares iBoxx USD High Yield Corporate Bond ETF <sup>(b)</sup> | 49300 | 3922308 |
| &nbsp;&nbsp;&nbsp;iShares J.P. Morgan USD Emerging Markets Bond ETF | 10000 | 939300 |
| &nbsp;&nbsp;&nbsp;Rareview Dynamic Fixed Income ETF | 27100 | 624733 |
| &nbsp;&nbsp;&nbsp;Return Stacked Bonds & Managed Futures ETF | 18000 | 339300 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 7984 | 731654 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Bloomberg High Yield Bond ETF <sup>(b)</sup> | 32600 | 3120472 |
|  |  | 16414723 |
| **Equity Funds - 16.08%** |  |  |
| &nbsp;&nbsp;&nbsp;Direxion NASDAQ-100 Equal Weighted Index ETF | 3200 | 315296 |
| &nbsp;&nbsp;&nbsp;Innovator Laddered Allocation Buffer ETF <sup>(a)</sup> | 13200 | 474012 |
| &nbsp;&nbsp;&nbsp;Innovator U.S. Equity Accelerated 9 Buffer ETF - January <sup>(a)</sup> | 30000 | 938400 |
| &nbsp;&nbsp;&nbsp;Invesco S&P 500 Equal Weight ETF | 1690 | 324345 |
| &nbsp;&nbsp;&nbsp;iShares MSCI USA Min Vol Factor ETF | 3400 | 315316 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra QQQ | 3600 | 219600 |
| &nbsp;&nbsp;&nbsp;ProShares Ultra S&P 500 | 2600 | 134888 |
| &nbsp;&nbsp;&nbsp;Vanguard Total Stock Market ETF <sup>(b)</sup> | 2300 | 737863 |
| &nbsp;&nbsp;&nbsp;Vanguard Value ETF | 740 | 145188 |
|  |  | 3604908 |
| **TOTAL EXCHANGE-TRADED FUNDS (Cost $22,125,639)** |  | 22084557 |

---

**TFA TACTICAL INCOME FUND**

**SCHEDULE OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS - 101.61%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;Federated Hermes Government Obligations Fund - Institutional Class, 3.52% <sup>(c)</sup> | 17105 | $17105 |
| &nbsp;&nbsp;&nbsp;Fidelity Government Portfolio - Institutional Class, 3.53% <sup>(c)</sup> | 344244 | 344244 |
| **TOTAL SHORT-TERM INVESTMENTS (Cost $361,349)** |  | 361349 |
| **INVESTMENTS AT VALUE (Cost $22,486,987) - 100.10%** |  | $22445906 |
| **LIABILITES IN EXCESS OF OTHER ASSETS, NET - (0.10%)** |  | (22935) |
| **NET ASSETS - 100.00%** |  | $22422971 |

---

Percentages are stated as a percent of net assets.

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of the security is allocated to a special custody account in which the broker executing trades on behalf of the Trust maintains control of the funds to ensure the Trust fulfills its obligations relating to the facilitation of margin transactions.

<sup>(c)</sup> Rate shown represents the 7-day effective yield at March 31, 2026, is subject to change and resets daily.

**The following abbreviations are used in this portfolio:**

DB - Deutsche Bank

ETF - Exchange-Traded Fund

MSCI - Morgan Stanley Capital International

NASDAQ - National Association of Securities Dealers Automated Quotations

S&P - Standard & Poor's

SPDR - Standard & Poor's Depositary Receipts

TIPS - Treasury Inflation-Protected Securities

**The accompanying notes are an integral part of these financial statements.**

**Tactical Investment Series Trust**

**NOTES TO THE SCHEDULES OF INVESTMENTS**

**March 31, 2026 (Unaudited)**

The following is a summary of significant accounting policies consistently followed by the TFA Tactical Income Fund ("Income Fund"), Tactical Growth Allocation Fund ("Growth Fund"), TFA Quantitative Fund ("Quantitative Fund") and TFA AlphaGen Growth Fund ("AlphaGen Fund"), (each a "Fund" and collectively, the "Funds"), each a diversified series of the Tactical Investment Series Trust (the "Trust"). The policies are in conformity with accounting principles generally accepted in the United States of America ("***GAAP***"). The Funds are investment companies that follow the accounting and reporting guidance of Accounting Standards Codification Topic 946 applicable to investment companies.

**SECURITY VALUATIONS**

All investments in securities are recorded at their estimated fair value, as described below.

*Processes and Structure*

The Funds' Board of Trustees (the "Board") has adopted guidelines for valuing securities including in circumstances in which market quotes are not readily available and has delegated to Tactical Fund Advisors, LLC (the "Adviser") the responsibility for determining fair value prices, subject to review by the Board.

*Fair Value Pricing Policy*

The Securities and Exchange Commission (the "SEC") adopted Rule 2a-5 under the 1940 Act, which established an updated regulatory framework for registered investment company fair valuation practices. Under the new rule a greater number of the Funds' securities may be subject to fair value pricing. The Funds' fair value policies and procedures and valuation practices were updated to comply with Rule 2a-5. Specifically, the Board designated the Adviser as the Funds' "Valuation Designee" to make fair value determinations. The Adviser acts through its Rule 2a-5 Committee (the "Valuation Committee") in accordance with the Trust's and the Adviser's policies and procedures (collectively, the "Valuation Procedures"). While fair value determinations will be based upon all available factors that the Valuation Designee deems relevant at the time of the determination, fair value represents only a good faith approximation of the value of an asset or liability.

If market quotations are not readily available, the security will be valued at fair value (the amount which the owner might reasonably expect to receive for the security upon its current sale) as determined in good faith by the Valuation Designee ("Fair Value Pricing"), subject to oversight by the Board. The Valuation Designee must use reasonable diligence in determining whether market quotations are readily available. If, for example, the Valuation Designee determines that one source of market value is unreliable, the Valuation Designee must diligently seek market quotations from other sources, such as other brokers or pricing services, before concluding that market quotations are not available. Fair Value Pricing is not permitted when market quotations are readily available.

Fixed income securities generally are valued using market quotations provided by a pricing service. If the Adviser decides that a price provided by the pricing service does not accurately reflect the fair market value of the securities, when prices are not readily available from a pricing service, or when restricted or illiquid securities are being valued, securities are valued at fair value as determined in good faith by the Adviser, in conformity with guidelines adopted by and subject to review of the Board. Short-term investments in fixed income securities with maturities of less than 60 days when acquired, or which subsequently are within 60 days of maturity, may be valued by using the amortized cost method of valuation, when the Board has determined that it will represent fair value.

The Fund's policies regarding fair value pricing are intended to result in a calculation of a Fund's net asset value that fairly reflects portfolio security values as of the time of pricing. A portfolio security's fair value price may differ from the price next available for that portfolio security using a Fund's normal pricing procedure and may differ substantially from the price at which the portfolio security may ultimately be traded or sold. If such fair value price differs from the price that would have been determined using a Fund's normal pricing procedures, a shareholder may receive more or less proceeds or shares from redemptions or purchases of Fund shares, respectively, than a shareholder would have otherwise received if the portfolio security was priced using a Fund's normal pricing procedures. The performance of a Fund may also be affected if a portfolio security's fair value price were to differ from the security's price using a Fund's normal pricing procedures.

 

**Tactical Investment Series Trust**

**NOTES TO THE SCHEDULES OF INVESTMENTS**

**March 31, 2026 (Unaudited) (continued)**

 

*Fair Value Measurements*

GAAP defines fair value as the price that each Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date and also establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. The three-tier hierarchy seeks to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect each Fund's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

*Equity securities (common stocks and exchange-traded funds/notes ("ETFs"/"ETNs"))* – Securities traded on a national securities exchange (or reported on the NASDAQ national market) are stated at the last reported sales price on the day of valuation. To the extent these securities are actively traded, and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, exchange-traded funds, and the movement of the certain indexes of securities based on a statistical analysis of the historical relationship and that are categorized in Level 2. Preferred stock and other equities traded on inactive markets or valued by reference to similar instruments are also categorized in Level 2.

*Valuation of Fund of Funds* – The Funds may invest in portfolios of open-end or closed-end investment companies (the "Underlying Funds"). The Underlying Funds value securities in their portfolios for which market quotations are readily available at their market values (generally the last reported sale price) and all other securities and assets at their fair value based upon the methods established by the board of directors of the Underlying Funds. The shares of many closed-end investment companies, after their initial public offering, frequently trade at a price per share, which is different than the net asset value per share. The difference represents a market premium or market discount of such shares. There can be no assurances that the market discount or market premium on shares of any closed-end investment company purchased by a Fund will not change.

*Money market funds* – Money market funds are generally priced at the ending NAV provided by the service agent of the money market fund. The money market funds will be categorized as Level 1 within the fair value hierarchy.

Pursuant to policies adopted by the Board, the Valuation Designee reports all fair valued securities to the Board at least quarterly. The Board monitors and evaluates the Fund's use of fair value pricing. These securities will be categorized as Level 3 securities.

 

*Hierarchy of Fair Value Inputs*

The Funds utilize various methods to measure the fair value of most of their investments on a recurring basis. GAAP establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are as follows:

• Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the
Fund has the ability to access.

• Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for
the asset or liability either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive
market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

• Level 3 – Unobservable inputs for the asset or liability to the extent that relevant observable
inputs are not available, representing the Funds' own assumptions about the assumptions that a market participant would use in valuing
the asset or liability, and that would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

**Tactical Investment Series Trust**

**NOTES TO THE SCHEDULES OF INVESTMENTS**

**March 31, 2026 (Unaudited) (continued)**

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in the security.

The following tables present information about each Fund's investments measured at fair value as of March 31, 2026, by major security type:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Income Fund** | **Income Fund** | | | |
| **Financial Instruments – Assets** |  | | | |
| **Security Classification <sup>(1)</sup>** | **Level 1** |<br>**Level 2** |<br>**Level 3** |<br>**Totals** |
| Exchange-Traded Funds <sup>(2)</sup> | $22084557 | $— | $— | $22084557 |
| Short-Term Investments | 361349 |  |  | 361349 |
| Total Assets | $22445906 | $— | $— | $22445906 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Growth Fund** | **Growth Fund** | | | |
| **Financial Instruments – Assets** |  | | | |
| **Security Classification <sup>(1)</sup>** | **Level 1** |<br>**Level 2** |<br>**Level 3** |<br>**Totals** |
| Common Stock <sup>(2)</sup> | $11351587 | $— | $— | $11351587 |
| Exchange-Traded Funds <sup>(2)</sup> | 23754194 |  |  | 23754194 |
| Short-Term Investments | 1309834 |  |  | 1309834 |
| Total Assets | $36415615 | $— | $— | $36415615 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Quantitative Fund** | **Quantitative Fund** | | | |
| **Financial Instruments – Assets** |  | | | |
| **Security Classification <sup>(1)</sup>** | **Level 1** |<br>**Level 2** |<br>**Level 3** |<br>**Totals** |
| Common Stock <sup>(2)</sup> | $11360478 | $— | $— | $11360478 |
| Exchange-Traded Funds <sup>(2)</sup> | 41785917 |  |  | 41785917 |
| Short-Term Investments | 6570790 |  |  | 6570790 |
| Total Assets | $59717185 | $— | $— | $59717185 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **AlphaGen Fund** | **AlphaGen Fund** | | | |
| **Financial Instruments – Assets** |  | | | |
| **Security Classification <sup>(1)</sup>** | **Level 1** |<br>**Level 2** |<br>**Level 3** |<br>**Totals** |
| Common Stock <sup>(2)</sup> | $12298967 | $— | $— | $12298967 |
| Exchange-Traded Funds <sup>(2)</sup> | 30804540 |  |  | 30804540 |
| Short-Term Investments | 2531973 |  |  | 2531973 |
| Total Assets | $45635480 | $— | $— | $45635480 |

---

<sup>(1)</sup> As of and for the three months ended March 31, 2026, the Funds held no securities that were considered to be "Level 3" securities (those valued using significant unobservable inputs). Therefore, a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value is not applicable.

<sup>(2)</sup> All common stock and ETFs held in the Funds are Level 1 securities. For a detailed break-out of common stock by industry and ETFs by investment type, please refer to the Schedules of Investments.

**Tactical Investment Series Trust**

**NOTES TO THE SCHEDULES OF INVESTMENTS**

**March 31, 2026 (Unaudited) (continued)**

**INVESTMENT RISKS**

*Equity Risk:* The net asset value of the Funds will fluctuate based on changes in the value of its holdings in U.S. and foreign equity securities. Equity prices can fall rapidly in response to developments affecting a specific company or industry, or to changing economic, political or market conditions.

*Small and Medium Capitalization Stock Risk:* The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Small and medium sized companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience.

*Large Capitalization Risk:* The Underlying Funds invest in large-capitalization companies. Large Capitalization Companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large capitalization companies has trailed the overall performance of the broader securities markets.

*Exchange-Traded Fund Risk:* The Funds may invest in ETFs as part of their principal investment strategies. ETFs are subject to investment advisory and other expenses, which will be indirectly paid by a Fund. As a result, your cost of investing in a Fund will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in stocks and bonds. ETFs are listed on national stock exchanges and are traded like stocks listed on an exchange. The market price for a Fund's shares may deviate from a Fund's net asset value, particularly during times of market stress, with the result that investors may pay significantly more or receive significantly less for Fund shares than the Fund's net asset value, which is reflected in the bid and ask price for Fund shares or in the closing price.

*Leverage Risk:* The use of leverage by the Funds or ETFs in which the Funds invest, such as borrowing money to purchase securities, will cause a fund to incur additional expenses and magnify the Funds' gains or losses. Investments in derivative instruments, such as futures, options and swap agreements, have the economic effect of creating financial leverage in a fund's portfolio because such investments may give rise to losses that exceed the amount the funds have invested in those instruments. Financial leverage will magnify, sometimes significantly, investment exposure to any increase or decrease in prices associated with a particular reference asset resulting in increased volatility in the value of the fund's portfolio. Accordingly, the value of the Funds' portfolios is likely to experience greater volatility over short-term periods.

*Underlying Fund Risk:* Other investment companies including mutual funds and ETFs in which the Funds invests are subject to investment advisory and other expenses, which will be indirectly paid by the Funds. As a result, the cost of investing in the Funds will be higher than the cost of investing directly in the underlying funds and may be higher than other mutual funds that invest directly in stocks and bonds. Each of the underlying funds is subject to its own specific risks, but the Adviser expects the principal investments risks of such underlying funds will be similar to the risks of investing in the Funds.

**TAX MATTERS** 

For U.S. Federal income tax purposes, the cost of securities owned, gross appreciation, gross depreciation, and net unrealized appreciation/(depreciation) of investments on March 31, 2026 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | **Cost** | **Gross<br> Appreciation** | **Gross<br> Depreciation** | **Net<br> Appreciation/(Depreciation)** |
| Income Fund | $22516470 | $225203 | $(295767) | $(70564) |
| Growth Fund | 33420520 | 4139075 | (1143980) | 2995095 |
| Quantitative Fund | 58422162 | 3832215 | (2537192) | 1295023 |
| AlphaGen Fund | 47094826 | 1047424 | (2506770) | (1459346) |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tactical Investment Series Trust

- **b. Investment Company Act file number:** 811-23631

- **c. CIK number of Registrant:** 0001843263

- **d. LEI of Registrant:** 5493006GAMP0G864BR33

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

  - **Street Address 1:** 11726 Seven Gables Road

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45249

  - **Telephone number:** 631-470-2688

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

- **a. Name of Series:** Tactical Growth Allocation Fund

- **b. EDGAR series identifier (if any):** S000071481

- **c. LEI of Series:** 549300503G83JYBFX033

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $36614751.47

**Total Liabilities:** $184725.42

**Net Assets:** $36430026.05

**Delayed Delivery Securities:** $93432.00

**Cash Not Reported:** $199136.82

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000226701 | 1.31%                | -1.22%               | -4.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $94560.17                | $443080.88                                 |
| Month 2  | $350828.33               | $-781259.99                                |
| Month 3  | $53403.81                | $-1775413.53                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ascendis Pharma A/S                                                             | COMMON STOCK         | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      2077 | NS      | $475072.21    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc                                                                | COMMON STOCK         | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |      1560 | NS      | $29281.20     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| McEwen Inc                                                                      | COMMON STOCK         | CUSIP: 58039P305<br>LEI: 5493000FX50GEWAF3U70 | Long             | EC               | CORP              | CA        |     18752 | NS      | $382915.84    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                                                    | COMMON STOCK         | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |       410 | NS      | $44382.50     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                                                            | COMMON STOCK         | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |       170 | NS      | $29250.20     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                                    | COMMON STOCK         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1873 | NS      | $538599.88    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                                    | COMMON STOCK         | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       110 | NS      | $31554.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                                                  | COMMON STOCK         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2821 | NS      | $587529.67    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                              | COMMON STOCK         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       867 | NS      | $496036.71    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                                                        | COMMON STOCK         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      1070 | NS      | $31019.30     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                                                                | COMMON STOCK         | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1262 | NS      | $381124.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                                                             | COMMON STOCK         | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |       580 | NS      | $38558.40     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co                                                           | COMMON STOCK         | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |       810 | NS      | $30431.70     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                                                    | COMMON STOCK         | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |       370 | NS      | $34065.90     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                                                                    | COMMON STOCK         | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |       230 | NS      | $32455.30     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                                                     | COMMON STOCK         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |        60 | NS      | $32281.20     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                                                               | COMMON STOCK         | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |       410 | NS      | $30545.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc                                                          | COMMON STOCK         | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |      8647 | NS      | $519338.82    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                                           | COMMON STOCK         | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       366 | NS      | $364693.38    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                                                                  | COMMON STOCK         | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |       150 | NS      | $34272.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                                              | COMMON STOCK         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |        80 | NS      | $26311.20     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                                                 | COMMON STOCK         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |        90 | NS      | $27971.10     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                                                      | COMMON STOCK         | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |       520 | NS      | $48672.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                                                                | COMMON STOCK         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       390 | NS      | $29659.50     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                                                       | COMMON STOCK         | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |        80 | NS      | $28148.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AnaptysBio Inc                                                                  | COMMON STOCK         | CUSIP: 032724106<br>LEI: 529900HH4WQT03IG1A12 | Long             | EC               | CORP              | US        |      8810 | NS      | $488602.60    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                                             | COMMON STOCK         | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       200 | NS      | $27874.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                                                                     | COMMON STOCK         | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |       330 | NS      | $31059.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                                                                     | COMMON STOCK         | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |       600 | NS      | $30480.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oruka Therapeutics Inc                                                          | COMMON STOCK         | CUSIP: 687604108<br>LEI: 529900TG7O4ESUDMGI54 | Long             | EC               | CORP              | US        |     14365 | NS      | $704603.25    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                                                              | COMMON STOCK         | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |       380 | NS      | $32740.80     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                                                      | COMMON STOCK         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       130 | NS      | $28273.70     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                                                             | COMMON STOCK         | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       230 | NS      | $48601.30     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                                                  | COMMON STOCK         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |        60 | NS      | $55186.20     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp                                                              | COMMON STOCK         | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |       270 | NS      | $34576.20     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                                                    | COMMON STOCK         | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |       530 | NS      | $31784.10     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp                                                              | COMMON STOCK         | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |      1510 | NS      | $34367.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                                                   | COMMON STOCK         | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       100 | NS      | $29535.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                                        | COMMON STOCK         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1418 | NS      | $428576.32    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The                                                | COMMON STOCK         | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |       350 | NS      | $47330.50     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America Inc                                                | COMMON STOCK         | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |       160 | NS      | $32665.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                                                            | COMMON STOCK         | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |      3000 | NS      | $30090.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management Inc                                                   | COMMON STOCK         | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |      1520 | NS      | $32148.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                                                              | COMMON STOCK         | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |       850 | NS      | $31152.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc                                                  | COMMON STOCK         | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |       650 | NS      | $28483.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                                                             | COMMON STOCK         | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       100 | NS      | $28377.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                                                            | COMMON STOCK         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |        40 | NS      | $24175.60     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                                                        | COMMON STOCK         | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |       100 | NS      | $29264.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                                                           | COMMON STOCK         | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |        40 | NS      | $27289.60     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                                        | COMMON STOCK         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |       250 | NS      | $48225.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc                                                                | COMMON STOCK         | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1200 | NS      | $30996.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                                                   | COMMON STOCK         | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      4224 | NS      | $533702.40    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc                                                           | COMMON STOCK         | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |       240 | NS      | $34418.40     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                                                            | COMMON STOCK         | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |       350 | NS      | $34097.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                                                                    | COMMON STOCK         | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |        80 | NS      | $28633.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                                                         | COMMON STOCK         | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |        20 | NS      | $27579.80     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc                                                       | COMMON STOCK         | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |       280 | NS      | $31113.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                                                      | COMMON STOCK         | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |       110 | NS      | $35391.40     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                                                            | COMMON STOCK         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       130 | NS      | $29872.70     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                                                              | COMMON STOCK         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |       120 | NS      | $30069.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                                                          | COMMON STOCK         | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      3883 | NS      | $430236.40    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries Inc                                               | COMMON STOCK         | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       120 | NS      | $45588.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                                                       | COMMON STOCK         | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       190 | NS      | $31553.30     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                                       | COMMON STOCK         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      3255 | NS      | $826086.45    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc                                                           | COMMON STOCK         | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |        50 | NS      | $35138.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp                                                            | COMMON STOCK         | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |       120 | NS      | $32458.80     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                                              | COMMON STOCK         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       100 | NS      | $31814.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                                    | COMMON STOCK         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1700 | NS      | $526167.00    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                                                           | COMMON STOCK         | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       120 | NS      | $40540.80     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                                     | COMMON STOCK         | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      4869 | NS      | $849153.60    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                                                                    | COMMON STOCK         | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |       100 | NS      | $29646.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                                                  | COMMON STOCK         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1696 | NS      | $627808.32    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc                                                  | COMMON STOCK         | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       230 | NS      | $30148.40     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                                                 | COMMON STOCK         | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |       400 | NS      | $31032.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc                                                         | COMMON STOCK         | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |       270 | NS      | $30558.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                                            | COMMON STOCK         | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |       470 | NS      | $34394.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                                                                    | COMMON STOCK         | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |       490 | NS      | $55056.40     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                                                                | COMMON STOCK         | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |       620 | NS      | $31409.20     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                                                            | COMMON STOCK         | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |       340 | NS      | $31946.40     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                                                    | COMMON STOCK         | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |      1120 | NS      | $52259.20     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc                                                     | COMMON STOCK         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |       230 | NS      | $31300.70     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Morningstar Dividend Leaders Index Fund                             | EXCHANGE-TRADED FUND | CUSIP: 336917109<br>LEI: 549300ORBKW77UZM6H07 | Long             | EC               | RF                | US        |      2151 | NS      | $109270.80    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Vest Laddered Buffer ETF                                                     | EXCHANGE-TRADED FUND | CUSIP: 33740F755<br>LEI: 549300OCPQ9IXM4SN419 | Long             | EC               | RF                | US        |     11800 | NS      | $398486.00    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Vest US Equity Buffer ETF - August                                           | EXCHANGE-TRADED FUND | CUSIP: 33740F862<br>LEI: 5493000SGQR02L5NQO23 | Long             | EC               | RF                | US        |      9940 | NS      | $514723.02    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X SuperDividend ETF                                                      | EXCHANGE-TRADED FUND | CUSIP: 37960A669<br>LEI: 549300WHBWBK1U3N4G54 | Long             | EC               | RF                | US        |      2203 | NS      | $55647.78     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Nasdaq 100 Covered Call ETF                                            | EXCHANGE-TRADED FUND | CUSIP: 37954Y483<br>LEI: 54930002VYV0ZD18OT06 | Long             | EC               | RF                | US        |      3247 | NS      | $55686.05     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X US Infrastructure Development ETF                                      | EXCHANGE-TRADED FUND | CUSIP: 37954Y673<br>LEI: 549300P5QELW9NWLDY61 | Long             | EC               | RF                | US        |      1000 | NS      | $50810.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs ActiveBeta International Equity ETF                               | EXCHANGE-TRADED FUND | CUSIP: 381430107<br>LEI: 549300XBH2SEXT65RC75 | Long             | EC               | RF                | US        |      2900 | NS      | $125077.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator Growth 100 Power Buffer ETF - April                                   | EXCHANGE-TRADED FUND | CUSIP: 45782C334<br>LEI: 5493001F8HD8EHG8OY41 | Long             | EC               | RF                | US        |      4200 | NS      | $229404.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator Growth 100 Power Buffer ETF - January                                 | EXCHANGE-TRADED FUND | CUSIP: 45782C466<br>LEI: 54930032U2XZ68O2R197 | Long             | EC               | RF                | US        |      4000 | NS      | $213480.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator Growth 100 Power Buffer ETF - July                                    | EXCHANGE-TRADED FUND | CUSIP: 45782C276<br>LEI: 549300Q6DOYRETPGFO86 | Long             | EC               | RF                | US        |      3000 | NS      | $214244.10    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator Growth-100 Power Buffer ETF - November                                | EXCHANGE-TRADED FUND | CUSIP: 45784N874<br>LEI: 529900DC3PK6XBDX7V84 | Long             | EC               | RF                | US        |      1510 | NS      | $42069.51     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator Growth-100 Power Buffer ETF- October                                  | EXCHANGE-TRADED FUND | CUSIP: 45782C615<br>LEI: 549300C0AEXDRDRR3S55 | Long             | EC               | RF                | US        |      3700 | NS      | $208550.50    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator Laddered Allocation Buffer ETF                                        | EXCHANGE-TRADED FUND | CUSIP: 45783Y756<br>LEI: 549300O82VP7WXK7P688 | Long             | EC               | RF                | US        |     12800 | NS      | $459648.00    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator US Equity Accelerated 9 Buffer ETF - April                            | EXCHANGE-TRADED FUND | CUSIP: 45783Y301<br>LEI: 549300UBNAQWIN8J1N30 | Long             | EC               | RF                | US        |      2800 | NS      | $109602.36    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator US Equity Accelerated 9 Buffer ETF - January                          | EXCHANGE-TRADED FUND | CUSIP: 45783Y780<br>LEI: 5493001ZBGEJBOZ6CV74 | Long             | EC               | RF                | US        |      3560 | NS      | $111356.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - July                           | EXCHANGE-TRADED FUND | CUSIP: 45783Y889<br>LEI: 549300SWPL8V1XB1YF98 | Long             | EC               | RF                | US        |      2980 | NS      | $113290.96    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator US Equity Accelerated 9 Buffer ETF-October                            | EXCHANGE-TRADED FUND | CUSIP: 45783Y848<br>LEI: 5493002N1VP0I3HIPS52 | Long             | EC               | RF                | US        |      3360 | NS      | $110501.33    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovator US Equity Accelerated ETF - Quarterly                                 | EXCHANGE-TRADED FUND | CUSIP: 45783Y103<br>LEI: 549300UWCYU2J9ZS4518 | Long             | EC               | RF                | US        |      2020 | NS      | $79959.48     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Utilities Momentum ETF | EXCHANGE-TRADED FUND | CUSIP: 46137V795<br>LEI: 5493008CVNI3I4VBE880 | Long             | EC               | RF                | US        |      1201 | NS      | $56460.57     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                                                      | EXCHANGE-TRADED FUND | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |      4603 | NS      | $2656759.54   | 7.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco S&P 500 Pure Growth ETF                                                 | EXCHANGE-TRADED FUND | CUSIP: 46137V266<br>LEI: 54930042F8674IW8XN03 | Long             | EC               | RF                | US        |      1192 | NS      | $55714.08     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Pure Value ETF             | EXCHANGE-TRADED FUND | CUSIP: 46137V258<br>LEI: 5493005UIJUTBBZG8B08 | Long             | EC               | RF                | US        |       500 | NS      | $53695.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco S&P MidCap Momentum ET                                                  | EXCHANGE-TRADED FUND | CUSIP: 46137V464<br>LEI: 549300EBCSYSXC6B4270 | Long             | EC               | RF                | US        |       386 | NS      | $55977.72     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco S&P 500 Equal Weight Energy ETF                                         | EXCHANGE-TRADED FUND | CUSIP: 46137V365<br>LEI: 549300TMRWFZYS60V349 | Long             | EC               | RF                | US        |       513 | NS      | $56158.11     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Semiconductors ETF                                                      | EXCHANGE-TRADED FUND | CUSIP: 46137V647<br>LEI: 549300DJYUIX3OXHM257 | Long             | EC               | RF                | US        |       420 | NS      | $39639.60     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Expanded Tech Sector ETF                                                | EXCHANGE-TRADED FUND | CUSIP: 464287549<br>LEI: 549300MWG0PY0C195J81 | Long             | EC               | RF                | US        |      1050 | NS      | $124435.50    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Morningstar Growth ETF                                                  | EXCHANGE-TRADED FUND | CUSIP: 464287119<br>LEI: 549300T4EMBVXIT1TP48 | Long             | EC               | RF                | US        |      1290 | NS      | $123169.20    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Mortgage Real Estate ETF                                                | EXCHANGE-TRADED FUND | CUSIP: 46435G342<br>LEI: 549300WLIJWYXGL2J018 | Long             | EC               | RF                | US        |      3000 | NS      | $64410.00     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Emerging Markets ETF                                               | EXCHANGE-TRADED FUND | CUSIP: 464287234<br>LEI: 549300BPYHDEDI59G670 | Long             | EC               | RF                | US        |      1460 | NS      | $82913.40     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI International Value Factor ETF                                     | EXCHANGE-TRADED FUND | CUSIP: 46435G409<br>LEI: 549300HD4TSTWEGNNR73 | Long             | EC               | RF                | US        |      1330 | NS      | $52774.40     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI EAFE ETF                                                           | EXCHANGE-TRADED FUND | CUSIP: 464287465<br>LEI: 549300O0XO3KDQV68404 | Long             | EC               | RF                | US        |      1760 | NS      | $170948.80    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI EAFE Value ETF                                                     | EXCHANGE-TRADED FUND | CUSIP: 464288877<br>LEI: 549300AN74D4XJZB8Y40 | Long             | EC               | RF                | US        |       730 | NS      | $54275.50     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Taiwan ETF                                                         | EXCHANGE-TRADED FUND | CUSIP: 46434G772<br>LEI: NOTS2OVXOI43240U2196 | Long             | EC               | RF                | US        |      1200 | NS      | $85104.00     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI USA Quality Factor ETF                                             | EXCHANGE-TRADED FUND | CUSIP: 46432F339<br>LEI: 5493007KMK0CQLE2O168 | Long             | EC               | RF                | US        |       920 | NS      | $176465.20    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares S&P 500 Growth ETF                                                      | EXCHANGE-TRADED FUND | CUSIP: 464287309<br>LEI: 549300RYFG0B8O3DPR13 | Long             | EC               | RF                | US        |      1080 | NS      | $122158.80    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares S&P Mid-Cap 400 Growth ETF                                              | EXCHANGE-TRADED FUND | CUSIP: 464287606<br>LEI: 549300QX118GSGGY3M67 | Long             | EC               | RF                | US        |       840 | NS      | $84520.80     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Broker-Dealers & Securities Exchanges ETF                          | EXCHANGE-TRADED FUND | CUSIP: 464288794<br>LEI: 54930085FJMZ4CBKDP12 | Long             | EC               | RF                | US        |       390 | NS      | $64030.20     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Oil Equipment & Services ETF                                       | EXCHANGE-TRADED FUND | CUSIP: 464288844<br>LEI: 5493008NT0PYY37SJR58 | Long             | EC               | RF                | US        |      1480 | NS      | $42846.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Financial Services ETF                                             | EXCHANGE-TRADED FUND | CUSIP: 464287770<br>LEI: 549300O3BGVZIZJEZC19 | Long             | EC               | RF                | US        |       820 | NS      | $67928.80     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Technology ETF                                                     | EXCHANGE-TRADED FUND | CUSIP: 464287721<br>LEI: 5493003RR427QZS78C77 | Long             | EC               | RF                | US        |       670 | NS      | $121551.40    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares US Telecommunications ETF                                               | EXCHANGE-TRADED FUND | CUSIP: 464287713<br>LEI: 549300NQVBE9U3YDB131 | Long             | EC               | RF                | US        |      1030 | NS      | $40499.60     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Ultra QQQ                                                             | EXCHANGE-TRADED FUND | CUSIP: 74347R206<br>LEI: BB4MTKSM4GAKW287HJ60 | Long             | EC               | RF                | US        |      9600 | NS      | $585600.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Ultra S&P500                                                          | EXCHANGE-TRADED FUND | CUSIP: 74347R107<br>LEI: UT59PM4NN1V3JAKZPS19 | Long             | EC               | RF                | US        |      4100 | NS      | $212708.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab US Dividend Equity ETF                                                   | EXCHANGE-TRADED FUND | CUSIP: 808524797<br>LEI: 549300MUIMRQQDWJ5226 | Long             | EC               | RF                | US        |      3505 | NS      | $107533.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR S&P Aerospace & Defense ETF                                   | EXCHANGE-TRADED FUND | CUSIP: 78464A631<br>LEI: 5493006TZ0473G1GOE68 | Long             | EC               | RF                | US        |       240 | NS      | $60955.20     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Financial Select Sector SPDR ETF                                   | EXCHANGE-TRADED FUND | CUSIP: 81369Y605<br>LEI: 549300Y12KQ6ZG08NY28 | Long             | EC               | RF                | US        |      1460 | NS      | $72080.20     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Technology Select Sector SPDR ETF                                  | EXCHANGE-TRADED FUND | CUSIP: 81369Y803<br>LEI: 549300BR5T0JNM2MW070 | Long             | EC               | RF                | US        |      1660 | NS      | $220614.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Energy Select Sector SPDR ETF                                      | EXCHANGE-TRADED FUND | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Long             | EC               | RF                | US        |      4500 | NS      | $275670.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Income Allocation ETF                                              | EXCHANGE-TRADED FUND | CUSIP: 78467V202<br>LEI: 549300JLXDIL3P817435 | Long             | EC               | RF                | US        |      5900 | NS      | $197694.25    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Multi-Asset Real Return ETF                                        | EXCHANGE-TRADED FUND | CUSIP: 78467V103<br>LEI: 5493007QJU53DW46ZK83 | Long             | EC               | RF                | US        |      2400 | NS      | $86760.00     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR S&P Homebuilders ETF                                          | EXCHANGE-TRADED FUND | CUSIP: 78464A888<br>LEI: 549300MSE80LL1UJS132 | Long             | EC               | RF                | US        |       340 | NS      | $33564.80     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Swan Hedged Equity US Large Cap ETF                                             | EXCHANGE-TRADED FUND | CUSIP: 53656F599<br>LEI: 549300Y53A5E7UC3Z264 | Long             | EC               | RF                | US        |      7700 | NS      | $190190.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Pacific ETF                                                       | EXCHANGE-TRADED FUND | CUSIP: 922042866<br>LEI: N/A                  | Long             | EC               | RF                | US        |       400 | NS      | $39092.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Growth ETF                                                             | EXCHANGE-TRADED FUND | CUSIP: 922908736<br>LEI: N/A                  | Long             | EC               | RF                | US        |       190 | NS      | $82990.10     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard High Dividend Yield ETF                                                | EXCHANGE-TRADED FUND | CUSIP: 921946406<br>LEI: N/A                  | Long             | EC               | RF                | US        |       570 | NS      | $84417.00     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Russell 1000 Growth ETF                                                | EXCHANGE-TRADED FUND | CUSIP: 92206C680<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1120 | NS      | $122852.80    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Communication Services ETF                                             | EXCHANGE-TRADED FUND | CUSIP: 92204A884<br>LEI: N/A                  | Long             | EC               | RF                | US        |       220 | NS      | $39564.80     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Total Stock Market ETF                                                 | EXCHANGE-TRADED FUND | CUSIP: 922908769<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1600 | NS      | $513296.00    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Value ETF                                                              | EXCHANGE-TRADED FUND | CUSIP: 922908744<br>LEI: N/A                  | Long             | EC               | RF                | US        |       650 | NS      | $127530.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Securitized Plus ETF                                                | EXCHANGE-TRADED FUND | CUSIP: 33740U109<br>LEI: 549300HEXD4P8KFVEV63 | Long             | EC               | RF                | US        |      9400 | NS      | $200502.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Emerging Markets Local Currency Bond ETF                            | EXCHANGE-TRADED FUND | CUSIP: 33739P202<br>LEI: 549300DP1S8SJV0BSG28 | Long             | EC               | RF                | US        |      6800 | NS      | $195410.92    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Enhanced Short Maturity ETF                                         | EXCHANGE-TRADED FUND | CUSIP: 33739Q408<br>LEI: 5493001UCOPQLKO3TS73 | Long             | EC               | RF                | US        |      5663 | NS      | $338534.14    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| FolioBeyond Alternative Income and Interest Rate Hedge ETF                      | EXCHANGE-TRADED FUND | CUSIP: 886364637<br>LEI: 549300JTP3K4NOX5GH17 | Long             | EC               | RF                | US        |      5700 | NS      | $206454.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Variable Rate Investment Grade ETF                                      | EXCHANGE-TRADED FUND | CUSIP: 46090A879<br>LEI: 549300J21GX50YC4UV93 | Long             | EC               | RF                | US        |     11097 | NS      | $277813.40    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 0-5 Year TIPS Bond ETF                                                  | EXCHANGE-TRADED FUND | CUSIP: 46429B747<br>LEI: 549300GIWSEGOQLZR212 | Long             | EC               | RF                | US        |      2695 | NS      | $278743.85    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 20+ Year Treasury Bond ETF                                              | EXCHANGE-TRADED FUND | CUSIP: 464287432<br>LEI: 549300WWURKS1JGBZU59 | Long             | EC               | RF                | US        |      9110 | NS      | $789745.90    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares J.P. Morgan USD Emerging Markets Bond ETF                               | EXCHANGE-TRADED FUND | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |       890 | NS      | $83597.70     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Core Plus Bond ETF                                                     | EXCHANGE-TRADED FUND | CUSIP: 46641Q670<br>LEI: 549300A4I21YDY6YQ739 | Long             | EC               | RF                | US        |      4300 | NS      | $202444.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF                                | EXCHANGE-TRADED FUND | CUSIP: 78468R663<br>LEI: 549300GQCVCME1YJ6B50 | Long             | EC               | RF                | US        |     18835 | NS      | $1726039.40   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Bloomberg Short Term High Yield Bond ETF                      | EXCHANGE-TRADED FUND | CUSIP: 78468R408<br>LEI: 549300YI2V5ELVW58659 | Long             | EC               | RF                | US        |      8000 | NS      | $199840.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck High Yield Muni ETF                                                      | EXCHANGE-TRADED FUND | CUSIP: 92189H409<br>LEI: 549300UT41BWOPGYSE94 | Long             | EC               | RF                | US        |      3900 | NS      | $195546.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Architect High Inflation And Deflation ETF                                | EXCHANGE-TRADED FUND | CUSIP: 02072L631<br>LEI: 549300BWEPHQEIVPI063 | Long             | EC               | RF                | US        |      2261 | NS      | $54275.31     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Direxion HCM Tactical Enhanced US ETF                                           | EXCHANGE-TRADED FUND | CUSIP: 25461A726<br>LEI: 5493000GOMEINREXLY52 | Long             | EC               | RF                | US        |     64469 | NS      | $2268664.11   | 6.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HCM Defender 100 Index ETF                                                      | EXCHANGE-TRADED FUND | CUSIP: 66538R748<br>LEI: 5493009UVJWVJ3E1I465 | Long             | EC               | RF                | US        |     35826 | NS      | $2501729.58   | 6.87%             |  |  |  | No            |                  1 | On Loan: No      |
| HCM Defender 500 Index ETF                                                      | EXCHANGE-TRADED FUND | CUSIP: 66538R730<br>LEI: 549300EDDAIZBPZQ5F37 | Long             | EC               | RF                | US        |     46260 | NS      | $2634904.84   | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Harbor Commodity All Weather Strategy ETF                                       | EXCHANGE-TRADED FUND | CUSIP: 41151J505<br>LEI: 549300C7QT874PHU5G85 | Long             | EC               | RF                | US        |      1817 | NS      | $56345.17     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Long/Short Equity ETF/US                                            | EXCHANGE-TRADED FUND | CUSIP: 33739P103<br>LEI: 549300751U9S8UPOSL94 | Long             | EC               | RF                | US        |      5600 | NS      | $394016.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Multi-Strategy Alternative ETF                                      | EXCHANGE-TRADED FUND | CUSIP: 33740F490<br>LEI: 549300ILTLIOWNK6DI43 | Long             | EC               | RF                | US        |      9500 | NS      | $230895.60    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco DB Commodity Index Tracking Fund                                        | EXCHANGE-TRADED FUND | CUSIP: 46138B103<br>LEI: 549300HIW8J5DIIYYM41 | Long             | EC               | RF                | US        |      7300 | NS      | $211335.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Government Obligations Fund                                    | MONEY MARKET FUND    | CUSIP: 60934N104<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |    235877 | NS      | $235876.91    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Treasury Obligations Fund                                      | MONEY MARKET FUND    | CUSIP: 60934N500<br>LEI: 254900WUIGYHOH89FC60 | Long             | STIV             | RF                | US        |    262512 | NS      | $262511.91    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio                                                   | MONEY MARKET FUND    | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |    811445 | NS      | $811445.11    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners LP                                                 | COMMON STOCK         | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |       840 | NS      | $31785.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

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

**Signature:** /S/ Larry E. Beaver Jr.

**Name of Signer:** Larry E. Beaver Jr.

**Title:** Treasurer and Principal Financial Officer