# EDGAR Filing Document

**Accession Number:** 0001719812
**File Stem:** 0001752724-25-210953
**Filing Date:** 2025-8
**Character Count:** 29461
**Document Hash:** ee3ba6269c33898956f3769ac3d5b279
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210953.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210953

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Collaborative Investment Series Trust
- **CENTRAL INDEX KEY:** 0001719812

**ORGANIZATION NAME:**
- **EIN:** 826635713
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23306
- **FILM NUMBER:** 251269850

**BUSINESS ADDRESS:**
- **STREET 1:** 500 DAMONTE RANCH
- **STREET 2:** PARKWAY BUILDING 700, UNIT 700
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89521
- **BUSINESS PHONE:** 2036226000

**MAIL ADDRESS:**
- **STREET 1:** 500 DAMONTE RANCH
- **STREET 2:** PARKWAY BUILDING 700, UNIT 700
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89521

## Series and Classes Contracts Data

### Rareview Systematic Equity ETF (Series ID: S000075093)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000233898 | Rareview Systematic Equity ETF | RSEE            |

## Nport-Ex

---

| | |
|:---|:---|
| Portfolio of Investments | June 30, 2025 (Unaudited) |
| **Rareview Dynamic Fixed Income ETF** |  |

---

---

| | | |
|:---|:---|:---|
| ***Shares*** | | ***Fair Value ($)*** |
| **Closed-End Funds — 83.7%** | **Closed-End Funds — 83.7%** |  |
| 133755 | Aberdeen Asia-Pacific Income Fund, Inc. | 2129380 |
| 328272 | Allspring Income Opportunities Fund | 2317600 |
| 120256 | Allspring Multi-Sector Income Fund | 1136419 |
| 55308 | BlackRock Core Bond Trust | 537594 |
| 157854 | BlackRock Credit Allocation Income Trust | 1723766 |
| 122082 | BlackRock Municipal Income Trust | 1170766 |
| 111533 | BlackRock Municipal Income Trust II | 1119791 |
| 126125 | BlackRock MuniHoldings Fund, Inc. | 1412600 |
| 97080 | BlackRock MuniYield Fund, Inc. | 974683 |
| 25965 | BrandywineGLOBAL Global Income Opportunities Fund, Inc. | 215769 |
| 154482 | Brookfield Real Assets Income Fund, Inc. | 2065424 |
| 87800 | Cohen & Steers Limited Duration Preferred and Income Fund, Inc. | 1842044 |
| 97504 | First Trust Intermediate Duration Preferred & Income Fund | 1835025 |
| 166786 | Franklin Ltd Duration Income Trust | 1070766 |
| 114679 | Invesco Municipal Opportunity Trust | 1052753 |
| 75931 | Invesco Municipal Trust | 694769 |
| 93967 | Invesco Quality Municipal Income Trust | 881411 |
| 169975 | KKR Income Opportunities Fund | 2134886 |
| 614324 | Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. | 3145339 |
| 67315 | Neuberger Berman Municipal Fund, Inc. | 661706 |
| 44204 | Nuveen AMT-Free Municipal Credit Income Fund | 527354 |
| 94883 | Nuveen AMT-Free Quality Municipal Income Fund | 1036122 |
| 101642 | Nuveen Quality Municipal Income Fund | 1147538 |
| 42966 | Nuveen Variable Rate Preferred & Income Fund | 828385 |
| 45426 | PGIM Short Duration High Yield Opportunities Fund | 764974 |
| 45130 | PIMCO Dynamic Income Strategy Fund | 1112455 |
| 379951 | Templeton Emerging Markets Income Fund | 2279706 |
| 332197 | Western Asset Emerging Markets Debt Fund, Inc. | 3338580 |
| 42545 | Western Asset Global High Income Fund, Inc. | 278244 |
| 377581 | Western Asset High Income Fund II, Inc. | 1619823 |
| 100507 | Western Asset Managed Municipals Fund, Inc. | 995019 |
| **Total Closed-End Funds (Cost $41,513,298)** | **Total Closed-End Funds (Cost $41,513,298)** | **42050691** |
| **Common Stock — 1.2%** | **Common Stock — 1.2%** |  |
| **Financials — 1.2%** | **Financials — 1.2%** |  |
| 66143 | AGNC Investment Corp. | 607854 |
| **Total Common Stock (Cost $629,503)** | **Total Common Stock (Cost $629,503)** | **607854** |
| **Exchange-Traded Funds — 11.3%** | **Exchange-Traded Funds — 11.3%** |  |
| 59257 | Angel Oak Income ETF | 1232545 |
| 44841 | SPDR Bloomberg 3-12 Month T-Bill ETF | 4458541 |
| **Total Exchange-Traded Funds (Cost $5,668,291)** | **Total Exchange-Traded Funds (Cost $5,668,291)** | **5691086** |
| **Purchased Options Contracts — 0.5%<sup>(a)</sup>** | **Purchased Options Contracts — 0.5%<sup>(a)</sup>** |  |
| **Total Purchased Options Contracts (Cost $185,665)** | **Total Purchased Options Contracts (Cost $185,665)** | **250250** |
| **Total Investments — 96.7% (Cost $47,996,757)** | **Total Investments — 96.7% (Cost $47,996,757)** | **48599881** |
| **Other Assets in Excess of Liabilities — 3.3%** | **Other Assets in Excess of Liabilities — 3.3%** | **1666931** |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | **50266812** |

---

(a) See
Purchased Options Contracts

AMT — Alternative Minimum Tax

ETF — Exchange-Traded Fund

PIMCO — Pacific Investment Management Company

SPDR — Standard & Poor's Depositary Receipts

---

| | |
|:---|:---|
| Portfolio of Investments (continued) | June 30, 2025 (Unaudited) |
| **Rareview Dynamic Fixed Income ETF** |  |

---

**Written Options Contacts** 

Exchange-traded options on future contracts written as of June 30, 2025 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Put/Call** | **Number of Contracts** | **Notional <br> Amount<br> (000)($)<sup>(a)</sup>** | **Premiums<br> Received ($)** | **Strike<br> Price ($)** | **Expiration Date** | **Value ($)** |
| 3 Month SOFR Options | Call | 715 | 171488 | 84698 | 96.31 | 9/12/25 | (75969) |
| **(Total Premiums Received $84,698)** | **(Total Premiums Received $84,698)** |  |  |  |  |  | (75969) |

---

**Purchased Options Contracts** 

Exchange-traded options on futures contracts purchased as of June 30, 2025 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Put/Call** | **Number of Contracts** | **Notional** <br> **Amount**<br> **(000)($)<sup>(a)</sup>** | **Cost ($)** | **Strike<br> Price ($)** | **Expiration Date** | **Value ($)** |
| 3 Month SOFR Options | Call | 715 | 172159 | 185665 | 95.94 | 9/12/25 | 250250 |
| **(Total Cost $185,665)** |  |  |  |  |  |  | 250250 |

---

(a) Notional
amount is expressed as the number of contracts multiplied by contract size multiplied by the strike price of the underlying asset.

---

| | |
|:---|:---|
| Portfolio of Investments | June 30, 2025 (Unaudited) |
| **Rareview Tax Advantaged Income ETF** |  |

---

---

| | | |
|:---|:---|:---|
| ***Shares*** | | ***Fair Value ($)*** |
| **Closed-End Funds — 97.7%** | **Closed-End Funds — 97.7%** |  |
| 196200 | BlackRock Municipal Income Trust | 1881558 |
| 156869 | BlackRock Municipal Income Trust II | 1574965 |
| 172989 | BlackRock MuniHoldings Fund, Inc. | 1937477 |
| 99336 | BlackRock MuniYield Fund, Inc. | 997333 |
| 139269 | Invesco Municipal Opportunity Trust | 1278489 |
| 154022 | Invesco Municipal Trust | 1409301 |
| 156924 | Invesco Quality Municipal Income Trust | 1471947 |
| 89909 | Neuberger Berman Municipal Fund, Inc. | 883805 |
| 54734 | Nuveen AMT-Free Municipal Credit Income Fund | 652977 |
| 109003 | Nuveen AMT-Free Quality Municipal Income Fund | 1190313 |
| 158483 | Nuveen Quality Municipal Income Fund | 1789273 |
| 187264 | Western Asset Managed Municipals Fund, Inc. | 1853914 |
| **Total Closed-End Funds (Cost $17,709,739)** | **Total Closed-End Funds (Cost $17,709,739)** | **16921352** |
| **Purchased Options Contracts — 0.5%<sup>(a)</sup>** | **Purchased Options Contracts — 0.5%<sup>(a)</sup>** |  |
| **Total Purchased Options Contracts (Cost $64,374)** | **Total Purchased Options Contracts (Cost $64,374)** | **86800** |
| **Total Investments — 98.2% (Cost $17,774,113)** | **Total Investments — 98.2% (Cost $17,774,113)** | **17008152** |
| **Other Assets in Excess of Liabilities — 1.8%** | **Other Assets in Excess of Liabilities — 1.8%** | **313778** |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | **17321930** |

---

(a) See Purchased Options Contracts

AMT — Alternative Minimum Tax

**Written Options Contacts** 

Exchange-traded options on future contracts written as of June 30, 2025 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Put/Call** | **Number of Contracts** | **Notional <br> Amount<br> (000)($)<sup>(a)</sup>** | **Premiums<br> Received ($)** | **Strike<br> Price ($)** | **Expiration Date** | **Value ($)** |
| 3 Month SOFR Options | Call | 248 | 59714 | 29401 | 96.31 | 9/12/25 | (26350) |
| **(Total Premiums Received $29,401) – 0.2%** | **(Total Premiums Received $29,401) – 0.2%** | **(Total Premiums Received $29,401) – 0.2%** |  |  |  |  | (26350) |

---

**Purchased Options Contracts** 

Exchange-traded options on futures contracts purchased as of June 30, 2025 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of Contracts** | **Number of Contracts** | **Notional** <br> **Amount**<br> **(000)($)<sup>(a)</sup>** | **Cost ($)** | **Strike<br> Price ($)** | **Expiration Date** | **Value ($)** |
| 3 Month SOFR Options Call |  | 248 | 59481 | 64374 | 95.94 | 9/12/25 | 86800 |
| **(Total Cost $64,374) – 0.5%** | **(Total Cost $64,374) – 0.5%** |  |  |  |  |  | 86800 |

---

(a) Notional amount is expressed as the number of contracts multiplied
by contract size multiplied by the strike price of the underlying asset.

---

| | |
|:---|:---|
| Portfolio of Investments | June 30, 2025 (Unaudited) |
| **Rareview Systematic Equity ETF** |  |

---

---

| | | |
|:---|:---|:---|
| ***Shares*** | | ***Fair Value ($)*** |
| **Exchange-Traded Funds — 156.1%** | **Exchange-Traded Funds — 156.1%** |  |
| 26320 | Invesco QQQ Trust Series 1<sup>(a)</sup> | 14519165 |
| 142193 | SPDR Bloomberg 1-3 Month T-Bill ETF | 13043364 |
| 310735 | Vanguard FTSE Developed Markets ETF<sup>(b)</sup> | 17715002 |
| 143735 | Vanguard FTSE Emerging Markets ETF | 7109133 |
| 44416 | Vanguard S&P 500 ETF<sup>(c)</sup> | 25229621 |
| 30233 | Vanguard Small-Cap ETF | 7164616 |
| **Total Exchange-Traded Funds (Cost $74,463,438)** | **Total Exchange-Traded Funds (Cost $74,463,438)** | **84780901** |
| **Total Investments — 156.1% (Cost $74,463,438)** | **Total Investments — 156.1% (Cost $74,463,438)** | **84780901** |
| **Other Assets in Excess of Liabilities — (56.1%)** | **Other Assets in Excess of Liabilities — (56.1%)** | **(30477122)** |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | **54303779** |

---

(a) As
of June 30, 2025, investment is 26.7% of the Fund's net assets.

(b) As
of June 30, 2025, investment is 32.6% of the Fund's net assets.

(c) As
of June 30, 2025, investment is 46.5% of the Fund's net assets.

ETF — Exchange-Traded Fund

FTSE — Financial Times Stock Exchange

S&P — Standard and Poor's

SPDR — Standard & Poor's Depositary Receipts

---

| | |
|:---|:---|
| Portfolio of Investments | June 30, 2025 (Unaudited) |
| **Rareview Total Return Bond ETF** |  |

---

---

| | | |
|:---|:---|:---|
| ***Face Amount ($)*** | | ***Fair Value ($)*** |
| **Asset-Backed Securities — 1.4%** | **Asset-Backed Securities — 1.4%** |  |
| 60000 | Carmax Auto Owner Trust Series 2022-3 Class C 4.98%, 02/15/2028 | 60148 |
| 91596 | Dell Equipment Finance Trust Series 2023-3 Class A3 5.93%, 04/23/2029 | 92097 |
| 100000 | Ford Credit Auto Owner Trust Series 2024-A Class A3 5.09%, 12/15/2028 | 100976 |
| 75000 | MetroNet Infrastructure Issuer LLC Series 2023-1A Class A2 6.56%, 04/20/2053 | 76779 |
| 215000 | Verizon Master Trust Series 2024-3 Class A1A 5.34%, 04/22/2030 | 219531 |
| **Total Asset-Backed Securities (Cost $545,166)** | **Total Asset-Backed Securities (Cost $545,166)** | **549531** |
| **Collateralized Mortgage Obligations — 7.0%** | **Collateralized Mortgage Obligations — 7.0%** |  |
| 164892 | Angel Oak Mortgage Trust Series 2021-7 Class A1 1.98%, 10/25/2066 | 142068 |
| 136719 | BRAVO Residential Funding Trust Series 2024-NQM4 Class A1A 4.35%, 01/25/2060 | 134486 |
| 16742 | COLT Mortgage Loan Trust Series 2020-2R Class A1 1.33%, 10/26/2065 | 15645 |
| 95849 | COLT Mortgage Loan Trust Series 2021-HX1 Class A1 1.11%, 10/25/2066 | 82258 |
| 71211 | Flagstar Mortgage Trust Series 2021-4 Class A5 2.50%, 06/01/2051 | 63155 |
| 123382 | GCAT Trust Series 2021-NQM5 Class A1 1.26%, 07/25/2066 | 104017 |
| 100957 | GS Mortgage-Backed Securities Trust Series 2021-PJ8 Class A8 2.50%, 01/25/2052 | 89568 |
| 258131 | JPMorgan Mortgage Trust Series 2017-2 Class B5 3.64%, 05/25/2047 | 231535 |
| 187828 | JPMorgan Mortgage Trust Series 2021-4 Class A11 4.97%, 08/25/2051 | 173942 |
| 264305 | JPMorgan Mortgage Trust Series 2021-10 Class A11 5.00%, 12/25/2051 | 247917 |
| 312127 | JPMorgan Mortgage Trust Series 2024-INV1 Class A3 5.50%, 04/25/2055 | 310186 |
| 112583 | Mello Mortgage Capital Acceptance Series 2021-INV2 Class A4 2.50%, 08/25/2051 | 99776 |
| 139951 | New Residential Mortgage Loan Trust Series 2021-INV2 Class A11 5.00%, 09/25/2051 | 130919 |
| 261989 | PRKCM Trust Series 2021-AFC2 Class A1 2.07%, 11/25/2056 | 231985 |
| 69496 | PRMI Securitization Trust Series 2021-1 Class A3B 2.00%, 04/25/2051 | 60159 |
| 83153 | TRK Trust Series 2021-INV2 Class A1 1.97%, 11/25/2056 | 73650 |
| 233569 | Wells Fargo Mortgage Backed Securities Trust Series 2021-1 Class B2 2.70%, 12/25/2050 | 201188 |
| 119912 | Wells Fargo Mortgage Backed Securities Trust Series 2021-2 Class A3 2.50%, 06/25/2051 | 106239 |
| 77507 | Wells Fargo Mortgage Backed Securities Trust Series 2022-2 Class A2 2.50%, 12/25/2051 | 63107 |
| 132985 | Wells Fargo Mortgage Backed Securities Trust Series 2022-INV1 Class A4 3.00%, 03/25/2052 | 120607 |
| **Total Collateralized Mortgage Obligations (Cost $2,657,735)** | **Total Collateralized Mortgage Obligations (Cost $2,657,735)** | **2682407** |
| **Collateralized Mortgage-Backed Securities — 6.3%** | **Collateralized Mortgage-Backed Securities — 6.3%** |  |
| 50000 | BANK Series 2024-BNK47 Class C 6.83%, 06/15/2057 | 51051 |
| 140000 | BANK Series 2019-BN22 Class B 3.41%, 11/15/2062 | 127377 |
| 100000 | BANK Series 2019-BN22 Class A4 2.98%, 11/15/2062 | 93301 |
| 260000 | BANK5 Series 2023-5YR1 Class D 4.00%, 04/15/2056 | 227580 |
| 181673 | BBCMS Mortgage Trust Series 2024-C24 Class A1 5.23%, 02/15/2057 | 183087 |
| 200000 | BBCMS Mortgage Trust Series 2024-5C29 Class A2 4.74%, 09/15/2057 | 200612 |
| 65000 | Benchmark Mortgage Trust Series 2020-B20 Class B 2.53%, 10/15/2053 | 50887 |
| 100000 | Benchmark Mortgage Trust Series 2024-V7 Class AS 6.53%, 05/15/2056 | 104967 |
| 127000 | Benchmark Mortgage Trust Series 2024-V7 Class A3 6.23%, 05/15/2056 | 133753 |
| 240000 | Benchmark Mortgage Trust Series 2024-V5 Class B 6.06%, 01/10/2057 | 244706 |
| 100000 | Benchmark Mortgage Trust Series 2024-V6 Class AS 6.38%, 03/15/2057 | 104466 |
| 100000 | BMO Mortgage Trust Series 2024-C9 Class A2 6.76%, 07/15/2057 | 104835 |
| 96643 | CCUBS Commercial Mortgage Trust Series 2017-C1 Class A3 3.28%, 11/15/2050 | 94298 |
| 135000 | CSAIL Commercial Mortgage Trust Series 2018-C14 Class A4 4.42%, 11/15/2051 | 134208 |
| 100000 | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates Series KG02 Class A2 2.41%, 08/25/2029 | 93702 |
| 100000 | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates Series<br> K-158 Class A2 4.05%, 07/25/2033 | 97202 |
| 12361 | JPMBB Commercial Mortgage Securities Trust Series 2014-C25 Class A5 3.67%, 11/15/2047 | 12070 |
| 145000 | MED Commercial Mortgage Trust Series 2024-MOB Class A 5.90%, 05/15/2041 | 144421 |
| 100000 | Morgan Stanley Capital I Trust Series 2019-L2 Class A4 4.07%, 03/15/2052 | 97469 |
| 110000 | Wells Fargo Commercial Mortgage Trust Series 2016-C34 Class A4 3.10%, 06/15/2049 | 107833 |
| **Total Collateralized Mortgage-Backed Securities (Cost $2,382,183)** | **Total Collateralized Mortgage-Backed Securities (Cost $2,382,183)** | **2407825** |

---

---

| | |
|:---|:---|
| Portfolio of Investments (continued) | June 30, 2025 (Unaudited) |
| **Rareview Total Return Bond ETF** |  |

---

---

| | | |
|:---|:---|:---|
| ***Face Amount ($)*** | | ***Fair Value ($)*** |
| **Corporate Bonds — 22.3%** | **Corporate Bonds — 22.3%** |  |
| 299000 | Appalachian Power Co. 5.65%, 04/01/2034 | 307612 |
| 96000 | AthenaHealth Group, Inc. 6.50%, 02/15/2030 | 94489 |
| 306000 | Bank of America Corp. 5.47%, 01/23/2035 | 314366 |
| 75000 | Beazer Homes USA, Inc. 7.50%, 03/15/2031 | 76034 |
| 294000 | Boeing Co. (The) 6.13%, 02/15/2033 | 310118 |
| 308000 | Citigroup, Inc. 4.91%, 05/24/2033 | 307310 |
| 94000 | Comstock Resources, Inc. 6.75%, 03/01/2029 | 94210 |
| 82000 | Coreweave, Inc. 9.25%, 06/01/2030 | 83831 |
| 297000 | Dell International LLC/EMC Corp. 5.40%, 04/15/2034 | 302470 |
| 76000 | Directv Financing LLC 8.88%, 02/01/2030 | 74525 |
| 296000 | Eastman Chemical Co. 5.63%, 02/20/2034 | 301682 |
| 314000 | EQT Corp. 5.75%, 02/01/2034 | 324667 |
| 295000 | General Motors Financial Co., Inc. 6.10%, 01/07/2034 | 303623 |
| 345000 | Goldman Sachs Group, Inc. (The) 4.41%, 04/23/2039 | 311018 |
| 374000 | GXO Logistics, Inc. 2.65%, 07/15/2031 | 325430 |
| 297000 | HCA, Inc. 5.60%, 04/01/2034 | 303875 |
| 259000 | Intel Corp. 5.15%, 02/21/2034 | 258470 |
| 293000 | Interstate Power and Light Co. 5.70%, 10/15/2033 | 304226 |
| 435000 | JPMorgan Chase & Co. 3.11%, 04/22/2041 | 333401 |
| 308000 | Kinder Morgan, Inc. 5.30%, 12/01/2034 | 307275 |
| 77000 | Kraken Oil Gas Partners LLC 7.63%, 08/15/2029 | 75647 |
| 304000 | Morgan Stanley 5.47%, 01/18/2035 | 311007 |
| 293000 | Ovintiv, Inc. 6.25%, 07/15/2033 | 302505 |
| 289000 | Patterson-UTI Energy, Inc. 7.15%, 10/01/2033 | 295929 |
| 298000 | Philip Morris International, Inc. 5.25%, 02/13/2034 | 303942 |
| 332000 | Pilgrim's Pride Corp. 4.25%, 04/15/2031 | 320088 |
| 297000 | Radian Group, Inc. 6.20%, 05/15/2029 | 308590 |
| 93000 | Rithm Capital Corp. 8.00%, 04/01/2029 | 93959 |
| 299000 | State Street Corp. 5.16%, 05/18/2034 | 305436 |
| 98000 | TEGNA, Inc. 5.00%, 09/15/2029 | 93608 |
| 296000 | Tyson Foods, Inc. 5.70%, 03/15/2034 | 306432 |
| 297000 | U.S. Bancorp 5.68%, 01/23/2035 | 308338 |
| 93000 | Univision Communications, Inc. 6.63%, 06/01/2027 | 92746 |
| 64000 | Vital Energy, Inc. 7.88%, 04/15/2032 | 54721 |
| 311000 | Wells Fargo & Co. 5.61%, 01/15/2044 | 301433 |
| **Total Corporate Bonds (Cost $8,380,777)** | **Total Corporate Bonds (Cost $8,380,777)** | **8513013** |
| **Exchange-Traded Fund — 2.5%** | **Exchange-Traded Fund — 2.5%** |  |
| 47777 | VanEck Emerging Markets High Yield Bond ETF | 946940 |
| **Total Exchange-Traded Fund (Cost $936,960)** | **Total Exchange-Traded Fund (Cost $936,960)** | **946940** |
| **Municipal Bonds — 0.9%** | **Municipal Bonds — 0.9%** |  |
| 30000 | City of Dallas (GO) 5.61%, 02/15/2030 | 31364 |
| 70000 | County of Miami-Dade Transit System (RB) Series B 5.53%, 07/01/2032 | 71406 |
| 55000 | Metropolitan Transportation Authority (RB) 6.65%, 11/15/2039 | 59036 |
| 30000 | New York City Municipal Water Finance Authority (RB) 5.88%, 06/15/2044 | 30410 |
| 60000 | State of California (GO) 7.55%, 04/01/2039 | 71909 |
| 69804 | State of Illinois (GO) 5.10%, 06/01/2033 | 70012 |
| **Total Municipal Bonds (Cost $332,849)** | **Total Municipal Bonds (Cost $332,849)** | **334137** |
| **Treasury Bill — 3.6%** | **Treasury Bill — 3.6%** |  |
| 1385000 | United States Treasury Bill ,4.12%, 7/31/2025<sup>(a)</sup> | 1380191 |
| **Total Treasury Bill (Cost $1,380,139)** | **Total Treasury Bill (Cost $1,380,139)** | **1380191** |
| **Treasury Notes — 20.3%** | **Treasury Notes — 20.3%** |  |
| 951000 | United States Treasury Note/Bond 4.25%, 12/31/2026 | 956535 |
| 373000 | United States Treasury Note/Bond 4.25%, 02/15/2028 | 378041 |
| 2579000 | United States Treasury Note/Bond 4.00%, 05/31/2030 | 2603984 |
| 1831000 | United States Treasury Note/Bond 4.13%, 05/31/2032 | 1846449 |
| 1964000 | United States Treasury Note/Bond 4.25%, 05/15/2035 | 1967069 |
| **Total Treasury Notes (Cost $7,696,278)** | **Total Treasury Notes (Cost $7,696,278)** | **7752078** |

---

---

| | |
|:---|:---|
| Portfolio of Investments (continued) | June 30, 2025 (Unaudited) |
| **Rareview Total Return Bond ETF** |  |

---

---

| | | |
|:---|:---|:---|
| ***Face Amount ($)*** | | ***Fair Value ($)*** |
| **U.S. Government Agency Mortgages — 34.3%** | **U.S. Government Agency Mortgages — 34.3%** |  |
| 105000 | Federal Home Loan Banks 5.15%, 11/26/2027 | 105186 |
| 100000 | Federal Home Loan Banks 5.75%, 02/25/2037 | 99852 |
| 163823 | Federal Home Loan Mortgage Corporation 3.00%, 02/01/2050 | 146970 |
| 345485 | Federal Home Loan Mortgage Corporation 2.50%, 09/01/2051 | 286623 |
| 407880 | Federal Home Loan Mortgage Corporation 2.50%, 10/01/2051 | 338389 |
| 438687 | Federal Home Loan Mortgage Corporation 2.00%, 01/01/2052 | 348309 |
| 123739 | Federal Home Loan Mortgage Corporation 2.50%, 02/01/2052 | 102886 |
| 480130 | Federal Home Loan Mortgage Corporation 2.50%, 04/01/2052 | 398521 |
| 636837 | Federal Home Loan Mortgage Corporation 2.50%, 04/01/2052 | 529341 |
| 768962 | Federal Home Loan Mortgage Corporation 3.00%, 05/01/2052 | 666535 |
| 506579 | Federal Home Loan Mortgage Corporation 3.00%, 05/01/2052 | 439154 |
| 409967 | Federal Home Loan Mortgage Corporation 2.50%, 05/01/2052 | 344995 |
| 375970 | Federal Home Loan Mortgage Corporation 3.00%, 06/01/2052 | 325502 |
| 458894 | Federal Home Loan Mortgage Corporation 3.50%, 08/01/2052 | 413352 |
| 621124 | Federal Home Loan Mortgage Corporation 4.00%, 08/01/2052 | 578742 |
| 304289 | Federal Home Loan Mortgage Corporation 2.50%, 08/01/2052 | 252391 |
| 659810 | Federal Home Loan Mortgage Corporation 3.00%, 09/01/2052 | 571853 |
| 378167 | Federal Home Loan Mortgage Corporation 2.50%, 10/01/2052 | 313721 |
| 464661 | Federal Home Loan Mortgage Corporation 3.50%, 01/01/2055 | 418510 |
| 92091 | Federal National Mortgage Association 3.03%, 12/01/2025 | 91327 |
| 257634 | Federal National Mortgage Association 2.50%, 09/01/2051 | 213738 |
| 86305 | Federal National Mortgage Association 2.50%, 12/01/2051 | 71600 |
| 84689 | Federal National Mortgage Association 2.50%, 01/01/2052 | 70259 |
| 240274 | Federal National Mortgage Association 2.00%, 03/01/2052 | 190290 |
| 512629 | Federal National Mortgage Association 3.00%, 04/01/2052 | 444153 |
| 512109 | Federal National Mortgage Association 2.50%, 04/01/2052 | 425718 |
| 477922 | Federal National Mortgage Association 2.50%, 04/01/2052 | 396478 |
| 158753 | Federal National Mortgage Association 3.00%, 04/01/2052 | 138663 |
| 209600 | Federal National Mortgage Association 2.50%, 05/01/2052 | 173886 |
| 319882 | Federal National Mortgage Association 2.50%, 06/01/2052 | 265923 |
| 444613 | Federal National Mortgage Association 4.00%, 06/01/2052 | 414300 |
| 618927 | Federal National Mortgage Association 3.00%, 06/01/2052 | 536060 |
| 43494 | Federal National Mortgage Association 3.00%, 06/01/2052 | 37656 |
| 450795 | Federal National Mortgage Association 2.50%, 06/01/2052 | 375587 |
| 419644 | Federal National Mortgage Association 3.50%, 07/01/2052 | 378520 |
| 387862 | Federal National Mortgage Association 3.50%, 10/01/2052 | 349790 |
| 511996 | Federal National Mortgage Association 3.00%, 10/01/2052 | 443642 |
| 463254 | Federal National Mortgage Association 3.50%, 04/01/2053 | 417430 |
| 247000 | Federal National Mortgage Association 5.00%, 08/25/2055 | 241920 |
| 722000 | Federal National Mortgage Association 4.50%, 08/25/2055 | 690310 |
| **Total U.S. Government Agency Mortgages (Cost $13,043,651)** | **Total U.S. Government Agency Mortgages (Cost $13,043,651)** | **13048082** |
| **Yankee Dollars — 1.0%** | **Yankee Dollars — 1.0%** |  |
| 283000 | ArcelorMittal SA 6.80%, 11/29/2032 | 311065 |
| 63200 | Transocean, Inc. 8.75%, 02/15/2030 | 64991 |
| **Total Yankee Dollars (Cost $366,795)** | **Total Yankee Dollars (Cost $366,795)** | **376056** |
| **Treasury Bond — 1.4%** | **Treasury Bond — 1.4%** |  |
| 590000 | United States Treasury Note/Bond 4.25%, 2/15/2054 | 538191 |
| **Total Treasury Bond (Cost $551,823)** | **Total Treasury Bond (Cost $551,823)** | **538191** |
| **Total Investments — 101.0% (Cost $38,274,356)** | **Total Investments — 101.0% (Cost $38,274,356)** | **38528451** |
| **Other Assets in Excess of Liabilities — (1.0%)** | **Other Assets in Excess of Liabilities — (1.0%)** | **(385983)** |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | **38142468** |

---

(a) The
rate represents the effective yield at June 30, 2025.

ETF — Exchange-Traded Fund

GO — General Obligation

RB — Revenue Bond

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23306

- **c. CIK number of Registrant:** 0001719812

- **d. LEI of Registrant:** 549300H9U9P1LQU16S78

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

  - **Street Address 1:** 500 Damonte Ranch Parkway

  - **City:** Reno

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89521

  - **Telephone number:** 775-460-2204

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

- **a. Name of Series:** Rareview Systematic Equity ETF

- **b. EDGAR series identifier (if any):** S000075093

- **c. LEI of Series:** 549300C7MWI077UHVE34

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $86364335.90

**Total Liabilities:** $32060556.50

**Net Assets:** $54303779.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233898 | -3.61%               | 7.74%                | 5.96%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $544118.75               | $-396315.19                                |
| Month 2  | $1316769.97              | $3065519.54                                |
| Month 3  | $-37264.78               | $3100980.84                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vanguard 500 Index Fund                                                          | VANGUARD S P 500 ETF                | CUSIP: 922908363<br>LEI: N/A                  | Long             |  | RF                | US        |     44416 | NS      | $25229620.48  | 46.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds - Vanguard Emerging Markets Stock Inde | VANGUARD FTSE EMERGING MARKE        | CUSIP: 922042858<br>LEI: YNHDFX2L9SSID3XIIE57 | Long             |  | RF                | US        |    143735 | NS      | $7109133.10   | 13.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Small-Cap Index Fund                                                    | VANGUARD SMALL CAP ETF              | CUSIP: 922908751<br>LEI: N/A                  | Long             |  | RF                | US        |     30233 | NS      | $7164616.34   | 13.19%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg 1-3 Month T-Bill ETF                                              | SPDR BLOOMBERG 1 3 MONTH T BILL ETF | CUSIP: 78468R663<br>LEI: N/A                  | Long             |  | RF                | US        |    142193 | NS      | $13043363.89  | 24.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Tax Managed Fund FTSE Developed Markets ETF                             | VANGUARD FTSE DEVELOPED ETF         | CUSIP: 921943858<br>LEI: N/A                  | Long             |  | RF                | US        |    310735 | NS      | $17715002.35  | 32.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                                                       | INVESCO QQQ TRUST SERIES 1          | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             |  | RF                | US        |     26320 | NS      | $14519164.80  | 26.74%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** Bill McCormick

**Name of Signer:** Bill McCormick

**Title:** Treasurer