# EDGAR Filing Document

**Accession Number:** 0001524348
**File Stem:** 0001162044-23-000322
**Filing Date:** 2023-3
**Character Count:** 17386
**Document Hash:** 1d051b62fb5805f0ce5ea1739d45fed7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-23-000322.hdr.sgml**: 20230320

**ACCESSION NUMBER**: 0001162044-23-000322

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230320

**DATE AS OF CHANGE**: 20230320

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RANGER FUNDS INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0001524348
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22576
- **FILM NUMBER:** 23746186

**BUSINESS ADDRESS:**
- **STREET 1:** 2828 N. HARWOOD STREET
- **STREET 2:** SUITE 1600
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-871-5230

**MAIL ADDRESS:**
- **STREET 1:** 2828 N. HARWOOD STREET
- **STREET 2:** SUITE 1600
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

## Series and Classes Contracts Data

### RANGER MICRO CAP FUND (Series ID: S000033850)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000107720 | INSTITUTIONAL CLASS | RFIMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RANGER FUNDS INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-22576

- **c. CIK number of Registrant:** 0001524348

- **d. LEI of Registrant:** 549300J8UKUNET3JGE24

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

  - **Street Address 1:** 200 Crescent Court

  - **City:** Dallas

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75201

  - **Telephone number:** 214-871-5254

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

- **a. Name of Series:** Ranger Micro Cap Fund

- **b. EDGAR series identifier (if any):** S000033850

- **c. LEI of Series:** 549300MQX5YMNH7NQH52

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $6727707.03

**Total Liabilities:** $59418.80

**Net Assets:** $6668288.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000107720 | 4.92%                | -4.44%               | 9.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $39962.33                | $263540.89                                 |
| Month 2  | $17182.94                | $-298931.29                                |
| Month 3  | $110948.00               | $479740.20                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ANI Pharmaceuticals, Inc.         | ANI Pharmaceuticals, Inc.                           | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |      3143 | NS      | $140586.39    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Motion Technologies, Inc.  | Allied Motion Technologies, Inc.                    | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |      4408 | NS      | $179141.12    | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| America's Car-Mart, Inc.          | America's Car-Mart, Inc.                            | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2807 | NS      | $241794.98    | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| American Software, Inc.           | American Software, Inc. Class A                     | CUSIP: 029683109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11271 | NS      | $171431.91    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Anika Therapeutics, Inc.          | Anika Therapeutics, Inc.                            | CUSIP: 035255108<br>LEI: 529900R9LS3Z0O6QH455 | Long             | EC               | CORP              | US        |      3636 | NS      | $112752.36    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Water Solutions Inc          | Aris Water Solutions, Inc.                          | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7900 | NS      | $122371.00    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Avid Bioservices, Inc.            | Avid Bioservices, Inc.                              | CUSIP: 05368M106<br>LEI: 549300GRUS3ZMGP8MX22 | Long             | EC               | CORP              | US        |     13857 | NS      | $219356.31    | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California, Inc.          | Banc of California, Inc.                            | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |      4802 | NS      | $83650.84     | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions, Inc.           | BioLife Solutions, Inc.                             | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |      8414 | NS      | $197224.16    | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.          | Boot Barn Holdings, Inc.                            | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      2637 | NS      | $220163.13    | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares, Inc.   | Business First Bancshares, Inc.                     | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |      6590 | NS      | $136676.60    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CI&T, Inc.                        | CI&T, Inc. Class A                                  | CUSIP: G21307106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     14165 | NS      | $105387.60    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstar Financial Holdings, Inc.  | Capstar Financial Holdings, Inc.                    | CUSIP: 14070T102<br>LEI: 549300CF5UDGUFHYM827 | Long             | EC               | CORP              | US        |      5400 | NS      | $94014.00     | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dril-Quip, Inc.                   | Dril-Quip, Inc.                                     | CUSIP: 262037104<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |      2303 | NS      | $70725.13     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Petroleum Corp., Inc.   | Evolution Petroleum Corp., Inc.                     | CUSIP: 30049A107<br>LEI: 549300P9ZXGJZ6SSM116 | Long             | EC               | CORP              | US        |     22580 | NS      | $140899.20    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds, Inc.        | First American Government Obligation Fund - Class Z | CUSIP: 31846V567<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    282182 | NS      | $282181.68    | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Genasys, Inc.                     | Genasys, Inc.                                       | CUSIP: 36872P103<br>LEI: 549300W0ZVKXG9NQ7D23 | Long             | EC               | CORP              | US        |     19700 | NS      | $70920.00     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners, Inc.        | Green Brick Partners, Inc.                          | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |      6290 | NS      | $196248.00    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| InfuSystem Holdings, Inc.         | InfuSystem Holdings, Inc.                           | CUSIP: 45685K102<br>LEI: 549300F58N8PHJ4QUI59 | Long             | EC               | CORP              | US        |     16325 | NS      | $163576.50    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kura Sushi USA, Inc.              | Kura Sushi USA, Inc. Class A                        | CUSIP: 501270102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3903 | NS      | $242532.42    | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular, Inc.           | LeMaitre Vascular, Inc.                             | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |      4811 | NS      | $226982.98    | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories, Inc.           | Mesa Laboratories, Inc.                             | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |       834 | NS      | $162246.36    | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank Holding Corp.   | Metropolitan Bank Holding Corp.                     | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2530 | NS      | $150231.40    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitek Systems, Inc.               | Mitek Systems, Inc.                                 | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     16750 | NS      | $165155.00    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Model N, Inc.                     | Model N, Inc.                                       | CUSIP: 607525102<br>LEI: 549300WCIL3W0EYSBN94 | Long             | EC               | CORP              | US        |      5725 | NS      | $227053.50    | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NAPCO Security Technologies, Inc. | NAPCO Security Technologies, Inc.                   | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      8270 | NS      | $239581.90    | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Flex, Inc.                  | Omega Flex, Inc.                                    | CUSIP: 682095104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       825 | NS      | $87697.50     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions, Inc.               | PDF Solutions, Inc.                                 | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |      7490 | NS      | $238032.20    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Paya Holdings, Inc.               | Paya Holdings, Inc. Class A                         | CUSIP: 70434P103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13445 | NS      | $130685.40    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corp.              | Repay Holdings Corp. Class A                        | CUSIP: 76029L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13655 | NS      | $132999.70    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus, Inc.            | Simulations Plus, Inc.                              | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4061 | NS      | $167069.54    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitio Royalties Corp.             | Sitio Royalties Corp. Class A                       | CUSIP: 82983N108<br>LEI: 549300OILIONON7XK623 | Long             | EC               | CORP              | US        |      3215 | NS      | $85422.55     | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sovos Brands, Inc.                | Sovos Brands, Inc.                                  | CUSIP: 84612U107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4400 | NS      | $59664.00     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneridge, Inc.                  | Stoneridge, Inc.                                    | CUSIP: 86183P102<br>LEI: PNBCIH9LE7WI83VJIF08 | Long             | EC               | CORP              | US        |      4855 | NS      | $119724.30    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Bancorp, Inc.             | Triumph Financial, Inc.                             | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |       875 | NS      | $48763.75     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies, Inc.            | UFP Technologies, Inc.                              | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      2514 | NS      | $285917.22    | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Utah Medical Products, Inc.       | Utah Medical Products, Inc.                         | CUSIP: 917488108<br>LEI: 5493002R27BBGV8DID60 | Long             | EC               | CORP              | US        |      1985 | NS      | $182878.05    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| e.l.f. Beauty, Inc.               | e.l.f. Beauty, Inc.                                 | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |      3900 | NS      | $224445.00    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| i3 Verticals, Inc.                | I3 Verticals, Inc. Class A                          | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     10306 | NS      | $298049.52    | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| iRadimed Corp.                    | iRadimed Corp.                                      | CUSIP: 46266A109<br>LEI: 549300YVHWP0YJ1YW816 | Long             | EC               | CORP              | US        |      5155 | NS      | $192797.00    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight, Inc.                      | nLight, Inc.                                        | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6574 | NS      | $81517.60     | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Ranger Funds Investment Trust

**Signature:** /s/ Kenneth Scott Canon

**Name of Signer:** Kenneth Scott Canon

**Title:** President (Principal Executive Officer)