# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-26-004644
**Filing Date:** 2026-3
**Character Count:** 141741
**Document Hash:** 458970ab11830ad33b49165a2a6e5e83
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-004644.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0000910472-26-004644

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Managers Trust
- **CENTRAL INDEX KEY:** 0001545440

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22680
- **FILM NUMBER:** 26817016

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Westwood Salient Enhanced Energy Income ETF (Series ID: S000084179)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000248452 | Westwood Salient Enhanced Energy Income ETF |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **MASTER LIMITED PARTNERSHIPS <sup>(a)</sup> - 24.5%** | **Shares** | **Value** |
| **Crude & Refined Products - 6.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delek Logistics Partners, L.P. <sup>(b)</sup> | &nbsp;&nbsp;21974 | &nbsp;&nbsp;$1091888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesis Energy, L.P. <sup>(b)</sup> | &nbsp;&nbsp;64489 | &nbsp;&nbsp;1071162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPLX, L.P. <sup>(b)</sup> | &nbsp;&nbsp;162540 | &nbsp;&nbsp;9085986 |
|  |  | &nbsp;&nbsp;11249036 |
| **Gathering & Processing - 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Partners, L.P. <sup>(b)</sup> | &nbsp;&nbsp;113439 | &nbsp;&nbsp;4703181 |
| **Natural Gas Liquids Infrastructure - 16.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P. <sup>(b)</sup> | &nbsp;&nbsp;920937 | &nbsp;&nbsp;16991287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Partners, L.P. <sup>(b)</sup> | &nbsp;&nbsp;401308 | &nbsp;&nbsp;13319413 |
|  |  | &nbsp;&nbsp;30310700 |
| **Total Master Limited Partnerships** (Cost $41,972,227) | **Total Master Limited Partnerships** (Cost $41,972,227) | &nbsp;&nbsp;$46262917 |
| **MLP RELATED COMPANIES - 77.4%** | **Shares** | **Value** |
| **Crude & Refined Products - 17.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc. <sup>(b)</sup> | &nbsp;&nbsp;339686 | &nbsp;&nbsp;$16590264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains GP Holdings, L.P. - Class A <sup>(b)</sup> | &nbsp;&nbsp;391681 | &nbsp;&nbsp;8021627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Bow Corporation <sup>(b)</sup> | &nbsp;&nbsp;313622 | &nbsp;&nbsp;8906865 |
|  |  | &nbsp;&nbsp;33518756 |
| **Gathering & Processing - 22.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corporation <sup>(b)</sup> | &nbsp;&nbsp;459609 | &nbsp;&nbsp;8649841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc. <sup>(b)</sup> | &nbsp;&nbsp;89990 | &nbsp;&nbsp;11340540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream, L.P. - Class A <sup>(b)</sup> | &nbsp;&nbsp;227308 | &nbsp;&nbsp;8062615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinetik Holdings, Inc. <sup>(b)</sup> | &nbsp;&nbsp;127536 | &nbsp;&nbsp;5217498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation <sup>(b)</sup> | &nbsp;&nbsp;50824 | &nbsp;&nbsp;10214608 |
|  |  | &nbsp;&nbsp;43485102 |
| **Liquefied Natural Gas - 6.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. <sup>(b)</sup> | &nbsp;&nbsp;40556 | &nbsp;&nbsp;8578404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextDecade Corporation <sup>(b)(c)</sup> | &nbsp;&nbsp;228961 | &nbsp;&nbsp;1211204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;225737 | &nbsp;&nbsp;2212223 |
|  |  | &nbsp;&nbsp;12001831 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **MLP RELATED COMPANIES - 77.4% (Continued)** | **Shares** | **Value** |
| **Natural Gas Liquids Infrastructure - 10.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. <sup>(b)</sup> | &nbsp;&nbsp;121664 | &nbsp;&nbsp;$9634572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pembina Pipeline Corporation <sup>(b)</sup> | &nbsp;&nbsp;223369 | &nbsp;&nbsp;9287683 |
|  |  | &nbsp;&nbsp;18922255 |
| **Natural Gas Pipelines - 20.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. <sup>(b)</sup> | &nbsp;&nbsp;396698 | &nbsp;&nbsp;12095322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TC Energy Corporation <sup>(b)</sup> | &nbsp;&nbsp;179485 | &nbsp;&nbsp;10530385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The) <sup>(b)</sup> | &nbsp;&nbsp;233801 | &nbsp;&nbsp;15725455 |
|  |  | &nbsp;&nbsp;38351162 |
| **Total MLP Related Companies** (Cost $129,119,987) | **Total MLP Related Companies** (Cost $129,119,987) | &nbsp;&nbsp;$146279106 |
| **Investments at Value - 101.9%** (Cost $171,092,214) | **Investments at Value - 101.9%** (Cost $171,092,214) | &nbsp;&nbsp;$192542023 |
| **Liabilities in Excess of Other Assets - (1.9%)** | **Liabilities in Excess of Other Assets - (1.9%)** | &nbsp;&nbsp; (3706508) |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$188835515 |

---

MLP - Master Limited Partnership

<sup>(a)</sup> The security is considered a non-income producing security as any distributions received during the last 12 months (if applicable) are treated as return of capital per Generally Accepted Accounting Principles.

<sup>(b)</sup> All or a portion of the security covers a written call option. The total value of these securities as of January 31, 2026 was $182,323,263.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |  |  |
| **WRITTEN OPTION CONTRACTS** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corporation, 02/20/26 | &nbsp;&nbsp;$19 .00 | 3326 | $6259532 | &nbsp;&nbsp;&nbsp;&nbsp;$103106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corporation, 03/20/26 | &nbsp;&nbsp;19 .00 | 1024 | 1927168 | &nbsp;&nbsp;&nbsp;&nbsp;46080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corporation, 03/20/26 | &nbsp;&nbsp;20 .00 | 16 | 30112 | &nbsp;&nbsp;&nbsp;&nbsp;320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc., 02/20/26 | &nbsp;&nbsp;200 .00 | 45 | 951840 | &nbsp;&nbsp;&nbsp;&nbsp;54630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc., 02/20/26 | &nbsp;&nbsp;210 .00 | 20 | 423040 | &nbsp;&nbsp;&nbsp;&nbsp;12000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc., 02/20/26 | &nbsp;&nbsp;220 .00 | 4 | 84608 | &nbsp;&nbsp;&nbsp;&nbsp;884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc., 03/20/26 | &nbsp;&nbsp;230 .00 | 316 | 6684032 | &nbsp;&nbsp;&nbsp;&nbsp;88480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delek Logistics Partners, L.P., 02/20/26 | &nbsp;&nbsp;50 .00 | 27 | 134163 | &nbsp;&nbsp;&nbsp;&nbsp;1485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delek Logistics Partners, L.P., 03/20/26 | &nbsp;&nbsp;50 .00 | 181 | 899389 | &nbsp;&nbsp;&nbsp;&nbsp;27603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc., 02/20/26 | &nbsp;&nbsp;125 .00 | 94 | 1184588 | &nbsp;&nbsp;&nbsp;&nbsp;29986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc., 02/20/26 | &nbsp;&nbsp;130 .00 | 6 | 75612 | &nbsp;&nbsp;&nbsp;&nbsp;1440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc., 03/20/26 | &nbsp;&nbsp;130 .00 | 306 | 3856212 | &nbsp;&nbsp;&nbsp;&nbsp;76500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc., 03/20/26 | &nbsp;&nbsp;135 .00 | 455 | 5733910 | &nbsp;&nbsp;&nbsp;&nbsp;109200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc., 02/20/26 | &nbsp;&nbsp;47 .50 | 35 | 170940 | &nbsp;&nbsp;&nbsp;&nbsp;5250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc., 02/20/26 | &nbsp;&nbsp;50 .00 | 2214 | 10813176 | &nbsp;&nbsp;&nbsp;&nbsp;81918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc., 03/20/26 | &nbsp;&nbsp;52 .50 | 978 | 4776552 | &nbsp;&nbsp;&nbsp;&nbsp;9780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P., 02/20/26 | &nbsp;&nbsp;17 .00 | 2465 | 4547925 | &nbsp;&nbsp;&nbsp;&nbsp;354960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P., 02/20/26 | &nbsp;&nbsp;18 .00 | 5752 | 10612440 | &nbsp;&nbsp;&nbsp;&nbsp;310608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P., 03/20/26 | &nbsp;&nbsp;19 .00 | 500 | 922500 | &nbsp;&nbsp;&nbsp;&nbsp;10000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Partners, L.P., 03/20/26 | &nbsp;&nbsp;34 .00 | 3715 | 12330085 | &nbsp;&nbsp;&nbsp;&nbsp;152315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Partners, L.P., 03/20/26 | &nbsp;&nbsp;35 .00 | 83 | 275477 | &nbsp;&nbsp;&nbsp;&nbsp;1162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesis Energy, L.P., 02/20/26 | &nbsp;&nbsp;17 .50 | 98 | 162778 | &nbsp;&nbsp;&nbsp;&nbsp;1960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesis Energy, L.P., 03/20/26 | &nbsp;&nbsp;17 .50 | 512 | 850432 | &nbsp;&nbsp;&nbsp;&nbsp;23040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream, L.P. - Class A, 02/20/26 | &nbsp;&nbsp;36 .00 | 1962 | 6959214 | &nbsp;&nbsp;&nbsp;&nbsp;68670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream, L.P. - Class A, 02/20/26 | &nbsp;&nbsp;37 .00 | 174 | 617178 | &nbsp;&nbsp;&nbsp;&nbsp;2262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream, L.P. - Class A, 03/20/26 | &nbsp;&nbsp;37 .00 | 15 | 53205 | &nbsp;&nbsp;&nbsp;&nbsp;600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream, L.P. - Class A, 03/20/26 | &nbsp;&nbsp;38 .00 | 8 | 28376 | &nbsp;&nbsp;&nbsp;&nbsp;160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 02/20/26 | &nbsp;&nbsp;30 .00 | 41 | 125009 | &nbsp;&nbsp;&nbsp;&nbsp;3321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 03/20/26 | &nbsp;&nbsp;30 .00 | 458 | 1396442 | &nbsp;&nbsp;&nbsp;&nbsp;52212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 03/20/26 | &nbsp;&nbsp;31 .00 | 3256 | 9927544 | &nbsp;&nbsp;&nbsp;&nbsp;211640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 03/20/26 | &nbsp;&nbsp;32 .00 | 13 | 39637 | &nbsp;&nbsp;&nbsp;&nbsp;442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinetik Holdings, Inc., 02/20/26 | &nbsp;&nbsp;40 .00 | 1199 | 4905109 | &nbsp;&nbsp;&nbsp;&nbsp;203830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinetik Holdings, Inc., 03/20/26 | &nbsp;&nbsp;40 .00 | 8 | 32728 | &nbsp;&nbsp;&nbsp;&nbsp;1760 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** |
| **WRITTEN OPTION CONTRACTS (Continued)** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinetik Holdings, Inc., 03/20/26 | &nbsp;&nbsp;$45 .00 | 4 | $16364 | &nbsp;&nbsp;&nbsp;&nbsp;$244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPLX, L.P., 02/20/26 | &nbsp;&nbsp;60 .00 | 28 | 156520 | &nbsp;&nbsp;&nbsp;&nbsp;392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPLX, L.P., 03/20/26 | &nbsp;&nbsp;60 .00 | 1516 | 8474440 | &nbsp;&nbsp;&nbsp;&nbsp;15160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextDecade Corporation, 02/20/26 | &nbsp;&nbsp;6 .00 | 110 | 58190 | &nbsp;&nbsp;&nbsp;&nbsp;1430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextDecade Corporation, 02/20/26 | &nbsp;&nbsp;7 .00 | 987 | 522123 | &nbsp;&nbsp;&nbsp;&nbsp;2468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextDecade Corporation, 03/20/26 | &nbsp;&nbsp;6 .00 | 1078 | 570262 | &nbsp;&nbsp;&nbsp;&nbsp;32340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 02/20/26 | &nbsp;&nbsp;80 .00 | 125 | 989875 | &nbsp;&nbsp;&nbsp;&nbsp;16250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 03/20/26 | &nbsp;&nbsp;80 .00 | 1026 | 8124894 | &nbsp;&nbsp;&nbsp;&nbsp;271890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 03/20/26 | &nbsp;&nbsp;85 .00 | 4 | 31676 | &nbsp;&nbsp;&nbsp;&nbsp;400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pembina Pipeline Corporation, 02/20/26 | &nbsp;&nbsp;40 .00 | 2084 | 8665272 | &nbsp;&nbsp;&nbsp;&nbsp;381371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pembina Pipeline Corporation, 03/20/26 | &nbsp;&nbsp;40 .00 | 30 | 124740 | &nbsp;&nbsp;&nbsp;&nbsp;5400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pembina Pipeline Corporation, 03/20/26 | &nbsp;&nbsp;45 .00 | 8 | 33264 | &nbsp;&nbsp;&nbsp;&nbsp;120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains GP Holdings, L.P. - Class A, 02/20/26 | &nbsp;&nbsp;21 .00 | 2709 | 5548032 | &nbsp;&nbsp;&nbsp;&nbsp;46053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains GP Holdings, L.P. - Class A, 03/20/26 | &nbsp;&nbsp;21 .00 | 998 | 2043904 | &nbsp;&nbsp;&nbsp;&nbsp;24950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains GP Holdings, L.P. - Class A, 03/20/26 | &nbsp;&nbsp;22 .00 | 13 | 26624 | &nbsp;&nbsp;&nbsp;&nbsp;130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Bow Corporation, 02/20/26 | &nbsp;&nbsp;30 .00 | 2829 | 8034360 | &nbsp;&nbsp;&nbsp;&nbsp;113160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Bow Corporation, 03/20/26 | &nbsp;&nbsp;30 .00 | 150 | 426000 | &nbsp;&nbsp;&nbsp;&nbsp;6600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 02/20/26 | &nbsp;&nbsp;190 .00 | 22 | 442156 | &nbsp;&nbsp;&nbsp;&nbsp;29920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 02/20/26 | &nbsp;&nbsp;195 .00 | 14 | 281372 | &nbsp;&nbsp;&nbsp;&nbsp;13860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 02/20/26 | &nbsp;&nbsp;200 .00 | 6 | 120588 | &nbsp;&nbsp;&nbsp;&nbsp;3600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 03/20/26 | &nbsp;&nbsp;210 .00 | 440 | 8843120 | &nbsp;&nbsp;&nbsp;&nbsp;226600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TC Energy Corporation, 02/20/26 | &nbsp;&nbsp;57 .50 | 116 | 680572 | &nbsp;&nbsp;&nbsp;&nbsp;18560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TC Energy Corporation, 02/20/26 | &nbsp;&nbsp;60 .00 | 18 | 105606 | &nbsp;&nbsp;&nbsp;&nbsp;1080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TC Energy Corporation, 03/20/26 | &nbsp;&nbsp;60 .00 | 1565 | 9181855 | &nbsp;&nbsp;&nbsp;&nbsp;187800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TC Energy Corporation, 03/20/26 | &nbsp;&nbsp;62 .50 | 6 | 35202 | &nbsp;&nbsp;&nbsp;&nbsp;228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global, Inc. - Class A, 02/20/26 | &nbsp;&nbsp;7 .50 | 1116 | 1093680 | &nbsp;&nbsp;&nbsp;&nbsp;234360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global, Inc. - Class A, 02/20/26 | &nbsp;&nbsp;10 .00 | 68 | 66640 | &nbsp;&nbsp;&nbsp;&nbsp;4080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global, Inc. - Class A, 03/20/26 | &nbsp;&nbsp;10 .00 | 960 | 940800 | &nbsp;&nbsp;&nbsp;&nbsp;106560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Partners, L.P., 02/20/26 | &nbsp;&nbsp;42 .00 | 994 | 4121124 | &nbsp;&nbsp;&nbsp;&nbsp;21868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Partners, L.P., 02/20/26 | &nbsp;&nbsp;43 .00 | 10 | 41460 | &nbsp;&nbsp;&nbsp;&nbsp;125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Partners, L.P., 02/20/26 | &nbsp;&nbsp;44 .00 | 20 | 82920 | &nbsp;&nbsp;&nbsp;&nbsp;200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Partners, L.P., 03/20/26 | &nbsp;&nbsp;42 .00 | 10 | 41460 | &nbsp;&nbsp;&nbsp;&nbsp;540 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** | **WESTWOOD SALIENT ENHANCED MIDSTREAM INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** |
| **WRITTEN OPTION CONTRACTS (Continued)** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Partners, L.P., 03/20/26 | &nbsp;&nbsp;$43 .00 | 43 | $178278 | &nbsp;&nbsp;&nbsp;&nbsp;$989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The), 02/20/26 | &nbsp;&nbsp;65 .00 | 217 | 1459542 | &nbsp;&nbsp;&nbsp;&nbsp;67270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The), 03/20/26 | &nbsp;&nbsp;70 .00 | 2004 | 13478904 | &nbsp;&nbsp;&nbsp;&nbsp;318636 |
| **Total Written Option Contracts** (Premiums $1,599,314) | **Total Written Option Contracts** (Premiums $1,599,314) |  | $182832772 | &nbsp;&nbsp;&nbsp;&nbsp;$4202238 |
| The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $157,921,643. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $157,921,643. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $157,921,643. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $157,921,643. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $157,921,643. |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **MLP RELATED COMPANIES - 103.7%** | **Shares** | **Value** |
| **Exploration & Production - 67.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APA Corporation <sup>(a)</sup> | &nbsp;&nbsp;14299 | &nbsp;&nbsp;$377637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation <sup>(a)</sup> | &nbsp;&nbsp;39014 | &nbsp;&nbsp;6901577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips <sup>(a)</sup> | &nbsp;&nbsp;25582 | &nbsp;&nbsp;2666412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc. <sup>(a)</sup> | &nbsp;&nbsp;22358 | &nbsp;&nbsp;645028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation <sup>(a)</sup> | &nbsp;&nbsp;17219 | &nbsp;&nbsp;692376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. <sup>(a)</sup> | &nbsp;&nbsp;8135 | &nbsp;&nbsp;1333733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. <sup>(a)</sup> | &nbsp;&nbsp;14150 | &nbsp;&nbsp;1586639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation <sup>(a)</sup> | &nbsp;&nbsp;18038 | &nbsp;&nbsp;1041334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corporation <sup>(a)</sup> | &nbsp;&nbsp;6247 | &nbsp;&nbsp;702225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation <sup>(a)</sup> | &nbsp;&nbsp;72871 | &nbsp;&nbsp;10303959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation <sup>(a)</sup> | &nbsp;&nbsp;17500 | &nbsp;&nbsp;794325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corporation <sup>(a)</sup> | &nbsp;&nbsp;1332 | &nbsp;&nbsp;464016 |
|  |  | &nbsp;&nbsp;27509261 |
| **Gathering & Processing - 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation <sup>(a)</sup> | &nbsp;&nbsp;5984 | &nbsp;&nbsp;1202664 |
| **Natural Gas Liquids Infrastructure - 3.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. <sup>(a)</sup> | &nbsp;&nbsp;17462 | &nbsp;&nbsp;1382816 |
| **Natural Gas Pipelines - 8.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. <sup>(a)</sup> | &nbsp;&nbsp;54456 | &nbsp;&nbsp;1660364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The) <sup>(a)</sup> | &nbsp;&nbsp;29236 | &nbsp;&nbsp;1966413 |
|  |  | &nbsp;&nbsp;3626777 |
| **Oilfield Services & Equipment - 10.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Company <sup>(a)</sup> | &nbsp;&nbsp;27840 | &nbsp;&nbsp;1560154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halliburton Company <sup>(a)</sup> | &nbsp;&nbsp;26368 | &nbsp;&nbsp;883855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd. <sup>(a)</sup> | &nbsp;&nbsp;40173 | &nbsp;&nbsp;1943570 |
|  |  | &nbsp;&nbsp;4387579 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **MLP RELATED COMPANIES - 103.7% (Continued)** | **Shares** | **Value** |
| **Refining - 10.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation <sup>(a)</sup> | &nbsp;&nbsp;6397 | &nbsp;&nbsp;$1127087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 <sup>(a)</sup> | &nbsp;&nbsp;10810 | &nbsp;&nbsp;1551884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation <sup>(a)</sup> | &nbsp;&nbsp;9358 | &nbsp;&nbsp;1697822 |
|  |  | &nbsp;&nbsp;4376793 |
| **Investments at Value - 103.7%** (Cost $36,846,583) | **Investments at Value - 103.7%** (Cost $36,846,583) | &nbsp;&nbsp;$42485890 |
| **Liabilities in Excess of Other Assets - (3.7%)** | **Liabilities in Excess of Other Assets - (3.7%)** | &nbsp;&nbsp; (1530159) |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$40955731 |

---

MLP - Master Limited Partnership

<sup>(a)</sup> All or a portion of the security covers a written call option. The total value of securities as of January 31, 2026 was $40,527,844.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |  |  |
| **WRITTEN OPTION CONTRACTS** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APA Corporation, 02/20/26 | &nbsp;&nbsp;$27 .50 | 10 | $26410 | &nbsp;&nbsp;&nbsp;&nbsp;$610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APA Corporation, 02/20/26 | &nbsp;&nbsp;30 .00 | 4 | 10564 | &nbsp;&nbsp;&nbsp;&nbsp;76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APA Corporation, 03/20/26 | &nbsp;&nbsp;30 .00 | 121 | 319561 | &nbsp;&nbsp;&nbsp;&nbsp;7986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Company, 02/20/26 | &nbsp;&nbsp;50 .00 | 14 | 78456 | &nbsp;&nbsp;&nbsp;&nbsp;7980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Company, 02/20/26 | &nbsp;&nbsp;55 .00 | 190 | 1064760 | &nbsp;&nbsp;&nbsp;&nbsp;42750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Company, 03/20/26 | &nbsp;&nbsp;55 .00 | 53 | 297012 | &nbsp;&nbsp;&nbsp;&nbsp;18020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Company, 03/20/26 | &nbsp;&nbsp;60 .00 | 7 | 39228 | &nbsp;&nbsp;&nbsp;&nbsp;735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation, 02/20/26 | &nbsp;&nbsp;160 .00 | 21 | 371490 | &nbsp;&nbsp;&nbsp;&nbsp;36750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation, 02/20/26 | &nbsp;&nbsp;165 .00 | 11 | 194590 | &nbsp;&nbsp;&nbsp;&nbsp;14300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation, 02/20/26 | &nbsp;&nbsp;170 .00 | 325 | 5749250 | &nbsp;&nbsp;&nbsp;&nbsp;256750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation, 02/20/26 | &nbsp;&nbsp;180 .00 | 11 | 194590 | &nbsp;&nbsp;&nbsp;&nbsp;2662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation, 03/20/26 | &nbsp;&nbsp;175 .00 | 11 | 194590 | &nbsp;&nbsp;&nbsp;&nbsp;7106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips, 02/20/26 | &nbsp;&nbsp;100 .00 | 206 | 2147138 | &nbsp;&nbsp;&nbsp;&nbsp;112476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips, 02/20/26 | &nbsp;&nbsp;105 .00 | 13 | 135499 | &nbsp;&nbsp;&nbsp;&nbsp;3510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips, 03/20/26 | &nbsp;&nbsp;105 .00 | 7 | 72961 | &nbsp;&nbsp;&nbsp;&nbsp;2765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips, 03/20/26 | &nbsp;&nbsp;110 .00 | 17 | 177191 | &nbsp;&nbsp;&nbsp;&nbsp;3757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc., 02/20/26 | &nbsp;&nbsp;27 .00 | 11 | 31735 | &nbsp;&nbsp;&nbsp;&nbsp;2134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc., 02/20/26 | &nbsp;&nbsp;28 .00 | 174 | 501990 | &nbsp;&nbsp;&nbsp;&nbsp;21054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc., 03/20/26 | &nbsp;&nbsp;30 .00 | 21 | 60585 | &nbsp;&nbsp;&nbsp;&nbsp;1428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc., 03/20/26 | &nbsp;&nbsp;31 .00 | 6 | 17310 | &nbsp;&nbsp;&nbsp;&nbsp;270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation, 02/20/26 | &nbsp;&nbsp;40 .00 | 14 | 56294 | &nbsp;&nbsp;&nbsp;&nbsp;2212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation, 03/20/26 | &nbsp;&nbsp;40 .00 | 145 | 583045 | &nbsp;&nbsp;&nbsp;&nbsp;32335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation, 03/20/26 | &nbsp;&nbsp;42 .50 | 4 | 16084 | &nbsp;&nbsp;&nbsp;&nbsp;504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc., 02/20/26 | &nbsp;&nbsp;160 .00 | 2 | 32790 | &nbsp;&nbsp;&nbsp;&nbsp;1460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc., 02/20/26 | &nbsp;&nbsp;165 .00 | 7 | 114765 | &nbsp;&nbsp;&nbsp;&nbsp;3122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc., 03/20/26 | &nbsp;&nbsp;165 .00 | 66 | 1082070 | &nbsp;&nbsp;&nbsp;&nbsp;50490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc., 03/20/26 | &nbsp;&nbsp;175 .00 | 2 | 32790 | &nbsp;&nbsp;&nbsp;&nbsp;840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc., 02/20/26 | &nbsp;&nbsp;110 .00 | 12 | 134556 | &nbsp;&nbsp;&nbsp;&nbsp;3960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc., 02/20/26 | &nbsp;&nbsp;120 .00 | 4 | 44852 | &nbsp;&nbsp;&nbsp;&nbsp;252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc., 03/20/26 | &nbsp;&nbsp;120 .00 | 118 | 1323134 | &nbsp;&nbsp;&nbsp;&nbsp;24190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation, 02/20/26 | &nbsp;&nbsp;55 .00 | 5 | 28865 | &nbsp;&nbsp;&nbsp;&nbsp;1865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation, 02/20/26 | &nbsp;&nbsp;57 .50 | 5 | 28865 | &nbsp;&nbsp;&nbsp;&nbsp;1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation, 02/20/26 | &nbsp;&nbsp;60 .00 | 9 | 51957 | &nbsp;&nbsp;&nbsp;&nbsp;1170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation, 03/20/26 | &nbsp;&nbsp;55 .00 | 147 | 848631 | &nbsp;&nbsp;&nbsp;&nbsp;69825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation, 03/20/26 | &nbsp;&nbsp;60 .00 | 5 | 28865 | &nbsp;&nbsp;&nbsp;&nbsp;1205 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** |
| **WRITTEN OPTION CONTRACTS (Continued)** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corporation, 02/20/26 | &nbsp;&nbsp;$110 .00 | 2 | $22482 | &nbsp;&nbsp;&nbsp;&nbsp;$1040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corporation, 02/20/26 | &nbsp;&nbsp;115 .00 | 2 | 22482 | &nbsp;&nbsp;&nbsp;&nbsp;504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corporation, 02/20/26 | &nbsp;&nbsp;120 .00 | 48 | 539568 | &nbsp;&nbsp;&nbsp;&nbsp;6720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corporation, 03/20/26 | &nbsp;&nbsp;115 .00 | 4 | 44964 | &nbsp;&nbsp;&nbsp;&nbsp;1920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corporation, 03/20/26 | &nbsp;&nbsp;120 .00 | 3 | 33723 | &nbsp;&nbsp;&nbsp;&nbsp;915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation, 02/20/26 | &nbsp;&nbsp;125 .00 | 81 | 1145340 | &nbsp;&nbsp;&nbsp;&nbsp;134703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation, 02/20/26 | &nbsp;&nbsp;130 .00 | 20 | 282800 | &nbsp;&nbsp;&nbsp;&nbsp;23280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation, 02/20/26 | &nbsp;&nbsp;135 .00 | 550 | 7777000 | &nbsp;&nbsp;&nbsp;&nbsp;401500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation, 02/20/26 | &nbsp;&nbsp;140 .00 | 20 | 282800 | &nbsp;&nbsp;&nbsp;&nbsp;8000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation, 03/20/26 | &nbsp;&nbsp;145 .00 | 19 | 268660 | &nbsp;&nbsp;&nbsp;&nbsp;6365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation, 03/20/26 | &nbsp;&nbsp;150 .00 | 2 | 28280 | &nbsp;&nbsp;&nbsp;&nbsp;390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halliburton Company, 02/20/26 | &nbsp;&nbsp;30 .00 | 13 | 43576 | &nbsp;&nbsp;&nbsp;&nbsp;4160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halliburton Company, 02/20/26 | &nbsp;&nbsp;33 .00 | 209 | 700568 | &nbsp;&nbsp;&nbsp;&nbsp;30514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halliburton Company, 02/20/26 | &nbsp;&nbsp;35 .00 | 14 | 46928 | &nbsp;&nbsp;&nbsp;&nbsp;840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halliburton Company, 03/20/26 | &nbsp;&nbsp;35 .00 | 7 | 23464 | &nbsp;&nbsp;&nbsp;&nbsp;875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halliburton Company, 03/20/26 | &nbsp;&nbsp;38 .00 | 7 | 23464 | &nbsp;&nbsp;&nbsp;&nbsp;322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 02/20/26 | &nbsp;&nbsp;30 .00 | 15 | 45735 | &nbsp;&nbsp;&nbsp;&nbsp;1215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 03/20/26 | &nbsp;&nbsp;30 .00 | 394 | 1201306 | &nbsp;&nbsp;&nbsp;&nbsp;44916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 03/20/26 | &nbsp;&nbsp;31 .00 | 120 | 365880 | &nbsp;&nbsp;&nbsp;&nbsp;7800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation, 02/20/26 | &nbsp;&nbsp;180 .00 | 2 | 35238 | &nbsp;&nbsp;&nbsp;&nbsp;780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation, 02/20/26 | &nbsp;&nbsp;185 .00 | 3 | 52857 | &nbsp;&nbsp;&nbsp;&nbsp;630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation, 02/20/26 | &nbsp;&nbsp;190 .00 | 2 | 35238 | &nbsp;&nbsp;&nbsp;&nbsp;300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation, 03/20/26 | &nbsp;&nbsp;190 .00 | 1 | 17619 | &nbsp;&nbsp;&nbsp;&nbsp;301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation, 03/20/26 | &nbsp;&nbsp;200 .00 | 52 | 916188 | &nbsp;&nbsp;&nbsp;&nbsp;8190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation, 02/20/26 | &nbsp;&nbsp;42 .50 | 6 | 27234 | &nbsp;&nbsp;&nbsp;&nbsp;2100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation, 02/20/26 | &nbsp;&nbsp;45 .00 | 14 | 63546 | &nbsp;&nbsp;&nbsp;&nbsp;2548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation, 02/20/26 | &nbsp;&nbsp;47 .50 | 5 | 22695 | &nbsp;&nbsp;&nbsp;&nbsp;430 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** |
| **WRITTEN OPTION CONTRACTS (Continued)** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation, 03/20/26 | &nbsp;&nbsp;$47 .50 | 145 | $658155 | &nbsp;&nbsp;&nbsp;&nbsp;$20880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 02/20/26 | &nbsp;&nbsp;80 .00 | 12 | 95028 | &nbsp;&nbsp;&nbsp;&nbsp;1560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 03/20/26 | &nbsp;&nbsp;80 .00 | 10 | 79190 | &nbsp;&nbsp;&nbsp;&nbsp;2650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 03/20/26 | &nbsp;&nbsp;85 .00 | 143 | 1132417 | &nbsp;&nbsp;&nbsp;&nbsp;14300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66, 02/20/26 | &nbsp;&nbsp;140 .00 | 3 | 43068 | &nbsp;&nbsp;&nbsp;&nbsp;1800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66, 02/20/26 | &nbsp;&nbsp;145 .00 | 69 | 990564 | &nbsp;&nbsp;&nbsp;&nbsp;26220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66, 02/20/26 | &nbsp;&nbsp;150 .00 | 3 | 43068 | &nbsp;&nbsp;&nbsp;&nbsp;627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66, 02/20/26 | &nbsp;&nbsp;155 .00 | 3 | 43068 | &nbsp;&nbsp;&nbsp;&nbsp;315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66, 03/20/26 | &nbsp;&nbsp;160 .00 | 27 | 387612 | &nbsp;&nbsp;&nbsp;&nbsp;3726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 02/20/26 | &nbsp;&nbsp;40 .00 | 10 | 48380 | &nbsp;&nbsp;&nbsp;&nbsp;8410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 02/20/26 | &nbsp;&nbsp;42 .50 | 10 | 48380 | &nbsp;&nbsp;&nbsp;&nbsp;5900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 02/20/26 | &nbsp;&nbsp;45 .00 | 11 | 53218 | &nbsp;&nbsp;&nbsp;&nbsp;4114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 02/20/26 | &nbsp;&nbsp;47 .50 | 319 | 1543322 | &nbsp;&nbsp;&nbsp;&nbsp;58058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 02/20/26 | &nbsp;&nbsp;50 .00 | 10 | 48380 | &nbsp;&nbsp;&nbsp;&nbsp;800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 03/20/26 | &nbsp;&nbsp;52 .50 | 11 | 53218 | &nbsp;&nbsp;&nbsp;&nbsp;1001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 03/20/26 | &nbsp;&nbsp;55 .00 | 10 | 48380 | &nbsp;&nbsp;&nbsp;&nbsp;520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 02/20/26 | &nbsp;&nbsp;190 .00 | 3 | 60294 | &nbsp;&nbsp;&nbsp;&nbsp;4080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 02/20/26 | &nbsp;&nbsp;195 .00 | 2 | 40196 | &nbsp;&nbsp;&nbsp;&nbsp;1980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 02/20/26 | &nbsp;&nbsp;200 .00 | 2 | 40196 | &nbsp;&nbsp;&nbsp;&nbsp;1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 03/20/26 | &nbsp;&nbsp;200 .00 | 3 | 60294 | &nbsp;&nbsp;&nbsp;&nbsp;2580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation, 03/20/26 | &nbsp;&nbsp;210 .00 | 46 | 924508 | &nbsp;&nbsp;&nbsp;&nbsp;23690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corporation, 02/20/26 | &nbsp;&nbsp;310 .00 | 2 | 69672 | &nbsp;&nbsp;&nbsp;&nbsp;8370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corporation, 02/20/26 | &nbsp;&nbsp;330 .00 | 9 | 313524 | &nbsp;&nbsp;&nbsp;&nbsp;24210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corporation, 03/20/26 | &nbsp;&nbsp;380 .00 | 1 | 34836 | &nbsp;&nbsp;&nbsp;&nbsp;1035 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** | **WESTWOOD SALIENT ENHANCED ENERGY INCOME ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** |
| **WRITTEN OPTION CONTRACTS (Continued)** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation, 02/20/26 | &nbsp;&nbsp;$180 .00 | 5 | $90715 | &nbsp;&nbsp;&nbsp;&nbsp;$2965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation, 02/20/26 | &nbsp;&nbsp;190 .00 | 67 | 1215581 | &nbsp;&nbsp;&nbsp;&nbsp;17085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation, 02/20/26 | &nbsp;&nbsp;195 .00 | 2 | 36286 | &nbsp;&nbsp;&nbsp;&nbsp;290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation, 02/20/26 | &nbsp;&nbsp;200 .00 | 3 | 54429 | &nbsp;&nbsp;&nbsp;&nbsp;312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation, 03/20/26 | &nbsp;&nbsp;200 .00 | 2 | 36286 | &nbsp;&nbsp;&nbsp;&nbsp;600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation, 03/20/26 | &nbsp;&nbsp;210 .00 | 9 | 163287 | &nbsp;&nbsp;&nbsp;&nbsp;1404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The), 02/20/26 | &nbsp;&nbsp;65 .00 | 33 | 221958 | &nbsp;&nbsp;&nbsp;&nbsp;10230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The), 03/20/26 | &nbsp;&nbsp;70 .00 | 251 | 1688226 | &nbsp;&nbsp;&nbsp;&nbsp;39909 |
| **Total Written Option Contracts** (Premiums $648,129) | **Total Written Option Contracts** (Premiums $648,129) |  | $40527844 | &nbsp;&nbsp;&nbsp;&nbsp;$1719828 |
| The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $33,850,814. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $33,850,814. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $33,850,814. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $33,850,814. | The average monthly notional value of written option contracts during the three months ended January 31, 2026 was $33,850,814. |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 99.6%** | **Shares** | **Value** |
| **Australia - 0.5%** | **Australia - 0.5%** | **Australia - 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northern Star Resources Ltd. | &nbsp;&nbsp;499 | &nbsp;&nbsp;$10058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Woolworths Group Ltd. | &nbsp;&nbsp;61 | &nbsp;&nbsp;1314 |
|  |  | &nbsp;&nbsp;11372 |
| **Bermuda - 0.0% <sup>(a)</sup>** | **Bermuda - 0.0% <sup>(a)</sup>** | **Bermuda - 0.0% <sup>(a)</sup>** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Everest Group Ltd. | &nbsp;&nbsp;1 | &nbsp;&nbsp;331 |
| **Canada - 3.2%** | **Canada - 3.2%** | **Canada - 3.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agnico Eagle Mines Ltd. | &nbsp;&nbsp;3 | &nbsp;&nbsp;570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Corporation | &nbsp;&nbsp;33 | &nbsp;&nbsp;1504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cameco Corporation | &nbsp;&nbsp;16 | &nbsp;&nbsp;1979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian National Railway Company | &nbsp;&nbsp;194 | &nbsp;&nbsp;18663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fairfax Financial Holdings Ltd. | &nbsp;&nbsp;8 | &nbsp;&nbsp;13203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortis, Inc. | &nbsp;&nbsp;198 | &nbsp;&nbsp;10557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franco-Nevada Corporation | &nbsp;&nbsp;26 | &nbsp;&nbsp;6086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manulife Financial Corporation | &nbsp;&nbsp;79 | &nbsp;&nbsp;3009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metro, Inc. | &nbsp;&nbsp;72 | &nbsp;&nbsp;4780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Power Corporation of Canada | &nbsp;&nbsp;71 | &nbsp;&nbsp;3581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sun Life Financial, Inc. | &nbsp;&nbsp;76 | &nbsp;&nbsp;4789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teck Resources Ltd. - Class B | &nbsp;&nbsp;44 | &nbsp;&nbsp;2362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waste Connections, Inc. | &nbsp;&nbsp;11 | &nbsp;&nbsp;1840 |
|  |  | &nbsp;&nbsp;72923 |
| **Cayman Islands - 0.2%** | **Cayman Islands - 0.2%** | **Cayman Islands - 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credo Technology Group Holding Ltd. <sup>(b)</sup> | &nbsp;&nbsp;34 | &nbsp;&nbsp;4260 |
| **Denmark - 0.9%** | **Denmark - 0.9%** | **Denmark - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genmab A/S <sup>(b)</sup> | &nbsp;&nbsp;14 | &nbsp;&nbsp;4493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novo Nordisk A/S - Class B | &nbsp;&nbsp;151 | &nbsp;&nbsp;8857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orsted A/S <sup>(b)</sup> | &nbsp;&nbsp;362 | &nbsp;&nbsp;8136 |
|  |  | &nbsp;&nbsp;21486 |
| **France - 0.9%** | **France - 0.9%** | **France - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danone S.A. | &nbsp;&nbsp;238 | &nbsp;&nbsp;18583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schneider Electric SE | &nbsp;&nbsp;10 | &nbsp;&nbsp;2874 |
|  |  | &nbsp;&nbsp;21457 |
| **Germany - 2.0%** | **Germany - 2.0%** | **Germany - 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MTU Aero Engines AG | &nbsp;&nbsp;32 | &nbsp;&nbsp;14213 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 99.6% (Continued)** | **Shares** | **Value** |
| **Germany - 2.0% (Continued)** | **Germany - 2.0% (Continued)** | **Germany - 2.0% (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RWE AG | &nbsp;&nbsp;401 | &nbsp;&nbsp;$25452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Symrise AG | &nbsp;&nbsp;81 | &nbsp;&nbsp;6826 |
|  |  | &nbsp;&nbsp;46491 |
| **India - 0.1%** | **India - 0.1%** | **India - 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infosys Ltd. - ADR | &nbsp;&nbsp;142 | &nbsp;&nbsp;2496 |
| **Ireland - 1.5%** | **Ireland - 1.5%** | **Ireland - 1.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aon plc - Class A | &nbsp;&nbsp;9 | &nbsp;&nbsp;3147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CRH plc | &nbsp;&nbsp;151 | &nbsp;&nbsp;18483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Linde plc | &nbsp;&nbsp;14 | &nbsp;&nbsp;6398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity plc | &nbsp;&nbsp;11 | &nbsp;&nbsp;2451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies plc | &nbsp;&nbsp;8 | &nbsp;&nbsp;3364 |
|  |  | &nbsp;&nbsp;33843 |
| **Israel - 0.1%** | **Israel - 0.1%** | **Israel - 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check Point Software Technologies Ltd. <sup>(b)</sup> | &nbsp;&nbsp;14 | &nbsp;&nbsp;2513 |
| **Japan - 5.4%** | **Japan - 5.4%** | **Japan - 5.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aeon Company Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;8200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Astellas Pharma, Inc. | &nbsp;&nbsp;100 | &nbsp;&nbsp;1385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daiichi Sankyo Company Ltd. | &nbsp;&nbsp;500 | &nbsp;&nbsp;9162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daiwa Securities Group, Inc. | &nbsp;&nbsp;200 | &nbsp;&nbsp;1943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FUJIFILM Holdings Corporation | &nbsp;&nbsp;500 | &nbsp;&nbsp;9973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kao Corporation | &nbsp;&nbsp;100 | &nbsp;&nbsp;3997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirin Holdings Company Ltd. | &nbsp;&nbsp;400 | &nbsp;&nbsp;6182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;36243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Company Ltd. | &nbsp;&nbsp;200 | &nbsp;&nbsp;2284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp;300 | &nbsp;&nbsp;7622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Resona Holdings, Inc. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;11563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sompo Holdings, Inc. | &nbsp;&nbsp;300 | &nbsp;&nbsp;10305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Takeda Pharmaceutical Company Ltd. | &nbsp;&nbsp;300 | &nbsp;&nbsp;10162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unicharm Corporation | &nbsp;&nbsp;600 | &nbsp;&nbsp;3642 |
|  |  | &nbsp;&nbsp;122663 |
| **Korea (Republic Of) - 0.4%** | **Korea (Republic Of) - 0.4%** | **Korea (Republic Of) - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HYBE Company Ltd. <sup>(b)</sup> | &nbsp;&nbsp;11 | &nbsp;&nbsp;2838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SK Square Company Ltd. <sup>(b)</sup> | &nbsp;&nbsp;15 | &nbsp;&nbsp;5899 |
|  |  | &nbsp;&nbsp;8737 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 99.6% (Continued)** | **Shares** | **Value** |
| **Netherlands - 1.3%** | **Netherlands - 1.3%** | **Netherlands - 1.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. <sup>(b)</sup> | &nbsp;&nbsp;10 | &nbsp;&nbsp;$14865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AerCap Holdings N.V. | &nbsp;&nbsp;33 | &nbsp;&nbsp;4741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding N.V. | &nbsp;&nbsp;6 | &nbsp;&nbsp;8650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnum Ice Cream Company N.V. (The) <sup>(b)</sup> | &nbsp;&nbsp;35 | &nbsp;&nbsp;621 |
|  |  | &nbsp;&nbsp;28877 |
| **Norway - 0.9%** | **Norway - 0.9%** | **Norway - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aker BP ASA | &nbsp;&nbsp;183 | &nbsp;&nbsp;5347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinor ASA | &nbsp;&nbsp;475 | &nbsp;&nbsp;12676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norsk Hydro ASA | &nbsp;&nbsp;204 | &nbsp;&nbsp;1829 |
|  |  | &nbsp;&nbsp;19852 |
| **Portugal - 0.1%** | **Portugal - 0.1%** | **Portugal - 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EDP S.A. | &nbsp;&nbsp;625 | &nbsp;&nbsp;3200 |
| **Spain - 0.8%** | **Spain - 0.8%** | **Spain - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iberdrola S.A. | &nbsp;&nbsp;710 | &nbsp;&nbsp;15936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Naturgy Energy Group S.A. | &nbsp;&nbsp;68 | &nbsp;&nbsp;2135 |
|  |  | &nbsp;&nbsp;18071 |
| **Switzerland - 2.3%** | **Switzerland - 2.3%** | **Switzerland - 2.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nestle S.A. | &nbsp;&nbsp;49 | &nbsp;&nbsp;4655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartis AG | &nbsp;&nbsp;211 | &nbsp;&nbsp;31287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sika AG | &nbsp;&nbsp;87 | &nbsp;&nbsp;16691 |
|  |  | &nbsp;&nbsp;52633 |
| **Taiwan Province of China - 1.0%** | **Taiwan Province of China - 1.0%** | **Taiwan Province of China - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Company Ltd. - ADR | &nbsp;&nbsp;71 | &nbsp;&nbsp;23470 |
| **United Kingdom - 2.1%** | **United Kingdom - 2.1%** | **United Kingdom - 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashtead Group plc | &nbsp;&nbsp;178 | &nbsp;&nbsp;11416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AstraZeneca plc | &nbsp;&nbsp;4 | &nbsp;&nbsp;744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BP plc | &nbsp;&nbsp;225 | &nbsp;&nbsp;1428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Europacific Partners plc | &nbsp;&nbsp;81 | &nbsp;&nbsp;7428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Haleon plc | &nbsp;&nbsp;864 | &nbsp;&nbsp;4480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Group plc | &nbsp;&nbsp;718 | &nbsp;&nbsp;6535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rolls-Royce Holdings plc | &nbsp;&nbsp;130 | &nbsp;&nbsp;2154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sage Group plc (The) | &nbsp;&nbsp;165 | &nbsp;&nbsp;2162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unilever plc | &nbsp;&nbsp;155 | &nbsp;&nbsp;10478 |
|  |  | &nbsp;&nbsp;46825 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 99.6% (Continued)** | **Shares** | **Value** |
| **United States - 75.9%** | **United States - 75.9%** | **United States - 75.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AbbVie, Inc. | &nbsp;&nbsp;18 | &nbsp;&nbsp;$4014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc. <sup>(b)</sup> | &nbsp;&nbsp;88 | &nbsp;&nbsp;20832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AECOM | &nbsp;&nbsp;77 | &nbsp;&nbsp;7425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Airbnb, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;98 | &nbsp;&nbsp;12678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc. <sup>(b)</sup> | &nbsp;&nbsp;23 | &nbsp;&nbsp;3750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | &nbsp;&nbsp;218 | &nbsp;&nbsp;73685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class C | &nbsp;&nbsp;95 | &nbsp;&nbsp;32160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. <sup>(b)</sup> | &nbsp;&nbsp;361 | &nbsp;&nbsp;86387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express Company | &nbsp;&nbsp;43 | &nbsp;&nbsp;15143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | &nbsp;&nbsp;108 | &nbsp;&nbsp;8087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | &nbsp;&nbsp;15 | &nbsp;&nbsp;7908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMETEK, Inc. | &nbsp;&nbsp;38 | &nbsp;&nbsp;8511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation - Class A | &nbsp;&nbsp;164 | &nbsp;&nbsp;23629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;313 | &nbsp;&nbsp;81217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc. | &nbsp;&nbsp;32 | &nbsp;&nbsp;10314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autodesk, Inc. <sup>(b)</sup> | &nbsp;&nbsp;34 | &nbsp;&nbsp;8598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. | &nbsp;&nbsp;27 | &nbsp;&nbsp;4797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation | &nbsp;&nbsp;862 | &nbsp;&nbsp;45859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) | &nbsp;&nbsp;134 | &nbsp;&nbsp;16069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc. - Class B | &nbsp;&nbsp;86 | &nbsp;&nbsp;3020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boston Scientific Corporation <sup>(b)</sup> | &nbsp;&nbsp;84 | &nbsp;&nbsp;7857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;161 | &nbsp;&nbsp;53340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc. <sup>(b)</sup> | &nbsp;&nbsp;38 | &nbsp;&nbsp;11262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust | &nbsp;&nbsp;11 | &nbsp;&nbsp;1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlisle Companies, Inc. | &nbsp;&nbsp;3 | &nbsp;&nbsp;1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carrier Global Corporation | &nbsp;&nbsp;115 | &nbsp;&nbsp;6852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill, Inc. <sup>(b)</sup> | &nbsp;&nbsp;24 | &nbsp;&nbsp;933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Company, Inc. | &nbsp;&nbsp;24 | &nbsp;&nbsp;2310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cigna Group (The) | &nbsp;&nbsp;52 | &nbsp;&nbsp;14254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corporation | &nbsp;&nbsp;14 | &nbsp;&nbsp;2252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cintas Corporation | &nbsp;&nbsp;50 | &nbsp;&nbsp;9570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | &nbsp;&nbsp;94 | &nbsp;&nbsp;7362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMS Energy Corporation | &nbsp;&nbsp;122 | &nbsp;&nbsp;8722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Company (The) | &nbsp;&nbsp;38 | &nbsp;&nbsp;2843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Company | &nbsp;&nbsp;275 | &nbsp;&nbsp;24830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Edison, Inc. | &nbsp;&nbsp;60 | &nbsp;&nbsp;6398 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 99.6% (Continued)** | **Shares** | **Value** |
| **United States - 75.9% (Continued)** | **United States - 75.9% (Continued)** | **United States - 75.9% (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corporation | &nbsp;&nbsp;9 | &nbsp;&nbsp;$2526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc. <sup>(b)</sup> | &nbsp;&nbsp;159 | &nbsp;&nbsp;6452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corpay, Inc. <sup>(b)</sup> | &nbsp;&nbsp;14 | &nbsp;&nbsp;4405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | &nbsp;&nbsp;93 | &nbsp;&nbsp;6770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation | &nbsp;&nbsp;18 | &nbsp;&nbsp;16925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crowdstrike Holdings, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;18 | &nbsp;&nbsp;7945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Castle, Inc. | &nbsp;&nbsp;72 | &nbsp;&nbsp;6250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Datadog, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;52 | &nbsp;&nbsp;6725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deere & Company | &nbsp;&nbsp;41 | &nbsp;&nbsp;21648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation | &nbsp;&nbsp;201 | &nbsp;&nbsp;8082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dexcom, Inc. <sup>(b)</sup> | &nbsp;&nbsp;32 | &nbsp;&nbsp;2337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | &nbsp;&nbsp;20 | &nbsp;&nbsp;3279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. | &nbsp;&nbsp;21 | &nbsp;&nbsp;3485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc. <sup>(b)</sup> | &nbsp;&nbsp;43 | &nbsp;&nbsp;5056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. | &nbsp;&nbsp;7 | &nbsp;&nbsp;421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | &nbsp;&nbsp;16 | &nbsp;&nbsp;6565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dover Corporation | &nbsp;&nbsp;82 | &nbsp;&nbsp;16522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynatrace, Inc. <sup>(b)</sup> | &nbsp;&nbsp;179 | &nbsp;&nbsp;6818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | &nbsp;&nbsp;12 | &nbsp;&nbsp;1373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | &nbsp;&nbsp;18 | &nbsp;&nbsp;6223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly & Company | &nbsp;&nbsp;39 | &nbsp;&nbsp;40449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMCOR Group, Inc. | &nbsp;&nbsp;2 | &nbsp;&nbsp;1441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. | &nbsp;&nbsp;12 | &nbsp;&nbsp;9851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. | &nbsp;&nbsp;38 | &nbsp;&nbsp;9571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exelon Corporation | &nbsp;&nbsp;154 | &nbsp;&nbsp;6896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc. | &nbsp;&nbsp;12 | &nbsp;&nbsp;3178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage, Inc. | &nbsp;&nbsp;27 | &nbsp;&nbsp;3725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac Corporation <sup>(b)</sup> | &nbsp;&nbsp;3 | &nbsp;&nbsp;4390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fastenal Company | &nbsp;&nbsp;171 | &nbsp;&nbsp;7414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | &nbsp;&nbsp;124 | &nbsp;&nbsp;6227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Electric Company | &nbsp;&nbsp;14 | &nbsp;&nbsp;4295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. | &nbsp;&nbsp;97 | &nbsp;&nbsp;4487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;54 | &nbsp;&nbsp;50513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graco, Inc. | &nbsp;&nbsp;21 | &nbsp;&nbsp;1834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Insurance Group, Inc. (The) | &nbsp;&nbsp;41 | &nbsp;&nbsp;5537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | &nbsp;&nbsp;46 | &nbsp;&nbsp;7994 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 99.6% (Continued)** | **Shares** | **Value** |
| **United States - 75.9% (Continued)** | **United States - 75.9% (Continued)** | **United States - 75.9% (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;26 | &nbsp;&nbsp;$7974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | &nbsp;&nbsp;5 | &nbsp;&nbsp;349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc. <sup>(b)</sup> | &nbsp;&nbsp;6 | &nbsp;&nbsp;3025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson | &nbsp;&nbsp;49 | &nbsp;&nbsp;11135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company | &nbsp;&nbsp;73 | &nbsp;&nbsp;22330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc. <sup>(b)</sup> | &nbsp;&nbsp;49 | &nbsp;&nbsp;10600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation | &nbsp;&nbsp;61 | &nbsp;&nbsp;6099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corporation | &nbsp;&nbsp;104 | &nbsp;&nbsp;2192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KLA Corporation | &nbsp;&nbsp;23 | &nbsp;&nbsp;32843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lennox International, Inc. | &nbsp;&nbsp;19 | &nbsp;&nbsp;9407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loews Corporation | &nbsp;&nbsp;21 | &nbsp;&nbsp;2217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LPL Financial Holdings, Inc. | &nbsp;&nbsp;10 | &nbsp;&nbsp;3645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | &nbsp;&nbsp;6 | &nbsp;&nbsp;3911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A | &nbsp;&nbsp;84 | &nbsp;&nbsp;60187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;204 | &nbsp;&nbsp;87780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;24 | &nbsp;&nbsp;3223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. - Class A | &nbsp;&nbsp;137 | &nbsp;&nbsp;8011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moody's Corporation | &nbsp;&nbsp;16 | &nbsp;&nbsp;8249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;83 | &nbsp;&nbsp;15172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morningstar, Inc. | &nbsp;&nbsp;10 | &nbsp;&nbsp;2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NetApp, Inc. | &nbsp;&nbsp;111 | &nbsp;&nbsp;10695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc. <sup>(b)</sup> | &nbsp;&nbsp;84 | &nbsp;&nbsp;7013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;549 | &nbsp;&nbsp;104931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;37 | &nbsp;&nbsp;6089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palo Alto Networks, Inc. <sup>(b)</sup> | &nbsp;&nbsp;14 | &nbsp;&nbsp;2478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp;235 | &nbsp;&nbsp;36103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pfizer, Inc. | &nbsp;&nbsp;114 | &nbsp;&nbsp;3014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PG&E Corporation | &nbsp;&nbsp;188 | &nbsp;&nbsp;2899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PPG Industries, Inc. | &nbsp;&nbsp;69 | &nbsp;&nbsp;7979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Company (The) | &nbsp;&nbsp;248 | &nbsp;&nbsp;37639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation (The) | &nbsp;&nbsp;22 | &nbsp;&nbsp;4576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PTC, Inc. <sup>(b)</sup> | &nbsp;&nbsp;41 | &nbsp;&nbsp;6401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Storage | &nbsp;&nbsp;80 | &nbsp;&nbsp;22096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc. | &nbsp;&nbsp;25 | &nbsp;&nbsp;11866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corporation | &nbsp;&nbsp;141 | &nbsp;&nbsp;8624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corporation | &nbsp;&nbsp;27 | &nbsp;&nbsp;1967 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 99.6% (Continued)** | **Shares** | **Value** |
| **United States - 75.9% (Continued)** | **United States - 75.9% (Continued)** | **United States - 75.9% (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | &nbsp;&nbsp;18 | &nbsp;&nbsp;$3650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Robinhood Markets, Inc. - Class A <sup>(b)</sup> | &nbsp;&nbsp;67 | &nbsp;&nbsp;6665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rollins, Inc. | &nbsp;&nbsp;72 | &nbsp;&nbsp;4560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ross Stores, Inc. | &nbsp;&nbsp;18 | &nbsp;&nbsp;3396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation - Class A | &nbsp;&nbsp;21 | &nbsp;&nbsp;3866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snap-on, Inc. | &nbsp;&nbsp;12 | &nbsp;&nbsp;4393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc. <sup>(b)</sup> | &nbsp;&nbsp;213 | &nbsp;&nbsp;4859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation | &nbsp;&nbsp;180 | &nbsp;&nbsp;16551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | &nbsp;&nbsp;57 | &nbsp;&nbsp;10235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stryker Corporation | &nbsp;&nbsp;6 | &nbsp;&nbsp;2217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc. <sup>(b)</sup> | &nbsp;&nbsp;22 | &nbsp;&nbsp;4847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc. <sup>(b)</sup> | &nbsp;&nbsp;91 | &nbsp;&nbsp;39167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TJX Companies, Inc. (The) | &nbsp;&nbsp;82 | &nbsp;&nbsp;12284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc. | &nbsp;&nbsp;59 | &nbsp;&nbsp;2192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty, Inc. <sup>(b)</sup> | &nbsp;&nbsp;10 | &nbsp;&nbsp;6474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp;54 | &nbsp;&nbsp;15494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp;64 | &nbsp;&nbsp;20597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;W.W. Grainger, Inc. | &nbsp;&nbsp;5 | &nbsp;&nbsp;5400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Company | &nbsp;&nbsp;79 | &nbsp;&nbsp;7149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation | &nbsp;&nbsp;73 | &nbsp;&nbsp;18267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Companies, Inc. (The) | &nbsp;&nbsp;185 | &nbsp;&nbsp;12443 |
|  |  | &nbsp;&nbsp;1722146 |
| **Total Common Stocks** (Cost $2,263,718) | **Total Common Stocks** (Cost $2,263,718) | &nbsp;&nbsp;$2263646 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** | **WESTWOOD LBRTY GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **PREFERRED STOCKS - 0.2%** | **Shares** | **Value** |
| **Korea (Republic Of) - 0.2%** | **Korea (Republic Of) - 0.2%** | **Korea (Republic Of) - 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Motor Company, 3.60%, 04/24/2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;$1828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Motor Company, 3.61%, 04/24/2026 | &nbsp;&nbsp;12 | &nbsp;&nbsp;2244 |
| **Total Preferred Stocks** (Cost $2,944) | **Total Preferred Stocks** (Cost $2,944) | &nbsp;&nbsp;$4072 |
| **Investments at Value - 99.8%** (Cost $2,266,662) | **Investments at Value - 99.8%** (Cost $2,266,662) | &nbsp;&nbsp;$2267718 |
| **Other Assets in Excess of Liabilities - 0.2%** | **Other Assets in Excess of Liabilities - 0.2%** | &nbsp;&nbsp;3460 |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$2271178 |

---

---

| | |
|:---|:---|
| A/S | - Aktieselskab |
| ADR | - American Depositary Receipt |
| AG | - Aktiengesellschaft |
| ASA | - Allmennaksjeselskap |
| N.V. | - Naamloze Vennootschap |
| plc | - Public Limited Company |
| S.A. | - Societe Anonyme |
| SE | - Societe Europaea |

---

<sup>(a)</sup> Percentage rounds to less than 0.1%.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **U.S. GOVERNMENT & AGENCIES - 9.1%** | **Coupon** | **Maturity** | **Par Value** | **Value** |
| **U.S. Treasury Bonds - 5.3%** | **U.S. Treasury Bonds - 5.3%** | **U.S. Treasury Bonds - 5.3%** | **U.S. Treasury Bonds - 5.3%** |  |
| U.S. Treasury Bonds | 4.375% | 08/15/43 | &nbsp;&nbsp;$141000 | &nbsp;&nbsp;$134214 |
| U.S. Treasury Bonds | 4.750% | 11/15/53 | &nbsp;&nbsp;133000 | &nbsp;&nbsp;129919 |
| U.S. Treasury Bonds | 4.500% | 11/15/54 | &nbsp;&nbsp;143000 | &nbsp;&nbsp;134157 |
| U.S. Treasury Bonds | 4.625% | 02/15/55 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;95797 |
| U.S. Treasury Bonds | 4.750% | 05/15/55 | &nbsp;&nbsp;240000 | &nbsp;&nbsp;234639 |
|  |  |  |  | &nbsp;&nbsp;728726 |
| **U.S. Treasury Notes - 3.8%** | **U.S. Treasury Notes - 3.8%** | **U.S. Treasury Notes - 3.8%** | **U.S. Treasury Notes - 3.8%** |  |
| U.S. Treasury Notes | 4.000% | 02/28/30 | &nbsp;&nbsp; 99000 | &nbsp;&nbsp;100002 |
| U.S. Treasury Notes | 3.875% | 07/31/30 | &nbsp;&nbsp;33000 | &nbsp;&nbsp;33152 |
| U.S. Treasury Notes | 4.125% | 11/15/32 | &nbsp;&nbsp;33000 | &nbsp;&nbsp;33220 |
| U.S. Treasury Notes | 4.375% | 05/15/34 | &nbsp;&nbsp;165000 | &nbsp;&nbsp;167681 |
| U.S. Treasury Notes | 4.625% | 02/15/35 | &nbsp;&nbsp;196000 | &nbsp;&nbsp;202171 |
|  |  |  |  | &nbsp;&nbsp;536226 |
| **Total U.S. Government & Agencies** (Cost $1,273,302) | **Total U.S. Government & Agencies** (Cost $1,273,302) | **Total U.S. Government & Agencies** (Cost $1,273,302) | **Total U.S. Government & Agencies** (Cost $1,273,302) | &nbsp;&nbsp;$1264952 |
| **CORPORATE BONDS - 18.2%** | **Coupon** | **Maturity** | **Par Value** | **Value** |
| **Communications - 2.0%** | **Communications - 2.0%** | **Communications - 2.0%** |  |  |
| Alphabet, Inc. | 5.300% | 05/15/65 | &nbsp;&nbsp;$66000 | &nbsp;&nbsp;$61684 |
| Charter Communications Operating, LLC | 6.384% | 10/23/35 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;68216 |
| Charter Communications Operating, LLC | 6.484% | 10/23/45 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;94117 |
| Enbridge, Inc. | 7.200% | 06/27/54 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;59684 |
|  |  |  |  | &nbsp;&nbsp;283701 |
| **Consumer Staples - 1.4%** | **Consumer Staples - 1.4%** | **Consumer Staples - 1.4%** |  |  |
| BAT Capital Corporation | 7.750% | 10/19/32 | &nbsp;&nbsp;86000 | &nbsp;&nbsp;100381 |
| Mars, Inc., 144A | 5.700% | 05/01/55 | &nbsp;&nbsp;33000 | &nbsp;&nbsp;32890 |
| Pilgrim's Pride Corporation | 6.250% | 07/01/33 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;59864 |
|  |  |  |  | &nbsp;&nbsp;193135 |
| **Energy - 1.9%** | **Energy - 1.9%** | **Energy - 1.9%** |  |  |
| Columbia Pipelines Operating <br> Company, LLC, 144A | 6.544% | 11/15/53 | &nbsp;&nbsp;89000 | &nbsp;&nbsp;94809 |
| Phillips 66 Company, Series B | 6.200% | 03/15/56 | &nbsp;&nbsp;33000 | &nbsp;&nbsp;33179 |
| Sempra Energy | 6.400% | 10/01/54 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;66767 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **CORPORATE BONDS - 18.2% (Continued)** | **Coupon** | **Maturity** | **Par Value** | **Value** |
| **Energy - 1.9% (Continued)** | **Energy - 1.9% (Continued)** | **Energy - 1.9% (Continued)** |  |  |
| TransCanada Trust | 5.600% | 03/07/82 | &nbsp;&nbsp;$66000 | &nbsp;&nbsp;$65705 |
|  |  |  |  | &nbsp;&nbsp;260460 |
| **Financials - 9.0%** | **Financials - 9.0%** | **Financials - 9.0%** |  |  |
| Ally Financial, Inc. | 6.992% | 06/13/29 | &nbsp;&nbsp;89000 | &nbsp;&nbsp;93864 |
| Ares Capital Corporation | 7.000% | 01/15/27 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;67768 |
| Bank of America Corporation | 5.518% | 10/25/35 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;67360 |
| Bank of America Corporation | 6.250% | 07/26/73 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;67178 |
| Capital One Financial Corporation <br> (SOFR + 307) <sup>(a)(b)</sup> | 7.624% | 10/30/31 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;62861 |
| Citigroup, Inc. | 6.174% | 05/25/34 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;59292 |
| Golub Capital Private Credit Fund | 5.875% | 05/01/30 | &nbsp;&nbsp;99000 | &nbsp;&nbsp;100119 |
| Lincoln National <sup>(b)</sup> | 9.250% | 03/01/73 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;60050 |
| Morgan Stanley, Series I | 6.296% | 10/18/28 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;68459 |
| Morgan Stanley, Series F (SOFR + 262) <sup>(a)</sup> | 5.942% | 02/07/39 | &nbsp;&nbsp;23000 | &nbsp;&nbsp;24068 |
| Penske Truck Leasing Company, L.P. / <br> PTL Finance Corporation, 144A | 6.200% | 06/15/30 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;59696 |
| RenaissanceRe Holdings Ltd. | 5.750% | 06/05/33 | &nbsp;&nbsp;56000 | &nbsp;&nbsp;58512 |
| SBL Holdings, Inc., 144A | 7.200% | 10/30/34 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;96329 |
| Sixth Street Lending Partners | 5.750% | 01/15/30 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;66728 |
| State Street Corporation <sup>(a)(b)</sup> | 6.700% | 03/15/74 | &nbsp;&nbsp;99000 | &nbsp;&nbsp;102689 |
| U.S. Bancorp <sup>(a)(b)</sup> | 3.700% | 01/15/74 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;98608 |
| Wells Fargo & Company, Series W | 5.198% | 01/23/30 | &nbsp;&nbsp;99000 | &nbsp;&nbsp;101942 |
|  |  |  |  | &nbsp;&nbsp;1255523 |
| **Health Care - 0.9%** | **Health Care - 0.9%** | **Health Care - 0.9%** |  |  |
| Flex Ltd. | 6.000% | 01/15/28 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;68175 |
| Mylan, Inc. | 5.200% | 04/15/48 | &nbsp;&nbsp;78000 | &nbsp;&nbsp;63768 |
|  |  |  |  | &nbsp;&nbsp;131943 |
| **Real Estate - 0.5%** | **Real Estate - 0.5%** | **Real Estate - 0.5%** |  |  |
| Kimco Realty OP, LLC | 4.850% | 03/01/35 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;65553 |
| **Technology - 1.1%** | **Technology - 1.1%** | **Technology - 1.1%** |  |  |
| Dell International, LLC / EMC Corporation | 8.350% | 07/15/46 | &nbsp;&nbsp;22000 | &nbsp;&nbsp;27720 |
| HP, Inc. | 6.100% | 04/25/35 | &nbsp;&nbsp;23000 | &nbsp;&nbsp;24209 |
| Oracle Corporation | 4.800% | 09/26/32 | &nbsp;&nbsp;33000 | &nbsp;&nbsp;31948 |
| Oracle Corporation | 6.900% | 11/09/52 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;64744 |
|  |  |  |  | &nbsp;&nbsp;148621 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **CORPORATE BONDS - 18.2% (Continued)** | **Coupon** | **Maturity** | **Par Value** | **Value** |
| **Utilities - 1.4%** | **Utilities - 1.4%** | **Utilities - 1.4%** |  |  |
| Florida Gas Transmission Company, 144A | 5.750% | 07/15/35 | &nbsp;&nbsp;$64000 | &nbsp;&nbsp;$66291 |
| Georgia Power Company | 5.250% | 03/15/34 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;68046 |
| San Diego Gas & Electric Company, <br> Series CCCC | 5.400% | 04/15/35 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;68059 |
|  |  |  |  | &nbsp;&nbsp;202396 |
| **Total Corporate Bonds** (Cost $2,540,520) | **Total Corporate Bonds** (Cost $2,540,520) | **Total Corporate Bonds** (Cost $2,540,520) | **Total Corporate Bonds** (Cost $2,540,520) | &nbsp;&nbsp;$2541332 |
| **COMMON STOCKS - 63.0%** | **COMMON STOCKS - 63.0%** | **COMMON STOCKS - 63.0%** | **Shares** | **Value** |
| **Communications - 4.5%** | **Communications - 4.5%** | **Communications - 4.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Entertainment Content - 1.2%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Entertainment Content - 1.2%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Entertainment Content - 1.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Company (The) <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Company (The) <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Company (The) <sup>(c)</sup> | &nbsp;&nbsp;1429 | &nbsp;&nbsp;$161191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Internet Media & Services - 3.3%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Internet Media & Services - 3.3%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Internet Media & Services - 3.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A <sup>(c)</sup> | &nbsp;&nbsp;1364 | &nbsp;&nbsp;461032 |
| **Consumer Discretionary - 2.3%** | **Consumer Discretionary - 2.3%** | **Consumer Discretionary - 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 2.3%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 2.3%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Discretionary - 2.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc. (The) <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc. (The) <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc. (The) <sup>(c)</sup> | &nbsp;&nbsp;5940 | &nbsp;&nbsp;166201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) <sup>(c)</sup> | &nbsp;&nbsp;429 | &nbsp;&nbsp;160699 |
|  |  |  |  | &nbsp;&nbsp;326900 |
| **Consumer Staples - 2.5%** | **Consumer Staples - 2.5%** | **Consumer Staples - 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Consumer Staples - 1.2%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Consumer Staples - 1.2%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Retail - Consumer Staples - 1.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. <sup>(c)</sup> | &nbsp;&nbsp;1374 | &nbsp;&nbsp;163698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Tobacco & Cannabis - 1.3%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Tobacco & Cannabis - 1.3%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Tobacco & Cannabis - 1.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc. <sup>(c)</sup> | &nbsp;&nbsp;1034 | &nbsp;&nbsp;185541 |
| **Energy - 4.0%** | **Energy - 4.0%** | **Energy - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 2.9%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 2.9%* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Producers - 2.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P. <sup>(c)</sup> | &nbsp;&nbsp;12648 | &nbsp;&nbsp;233355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. <sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. <sup>(c)</sup> | &nbsp;&nbsp;5884 | &nbsp;&nbsp;179403 |
|  |  |  |  | &nbsp;&nbsp;412758 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 63.0% (Continued)** | **Shares** | **Value** |
| **Energy - 4.0% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Oil & Gas Services & Equipment - 1.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd. <sup>(c)</sup> | &nbsp;&nbsp;3112 | &nbsp;&nbsp;$150559 |
| **Financials - 6.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Banking - 5.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company <sup>(c)</sup> | &nbsp;&nbsp;824 | &nbsp;&nbsp;252053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SouthState Bank Corporation <sup>(c)</sup> | &nbsp;&nbsp;2012 | &nbsp;&nbsp;205888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Company <sup>(c)</sup> | &nbsp;&nbsp;3189 | &nbsp;&nbsp;288573 |
|  |  | &nbsp;&nbsp;746514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Specialty Finance - 1.3%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation <sup>(c)</sup> | &nbsp;&nbsp;802 | &nbsp;&nbsp;175582 |
| **Health Care - 7.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Biotech & Pharma - 4.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2672 | &nbsp;&nbsp;379291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merck & Company, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2231 | &nbsp;&nbsp;246012 |
|  |  | &nbsp;&nbsp;625303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Medical Equipment & Devices - 2.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alcon, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2430 | &nbsp;&nbsp;196781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medtronic plc <sup>(c)</sup> | &nbsp;&nbsp;1903 | &nbsp;&nbsp;195933 |
|  |  | &nbsp;&nbsp;392714 |
| **Industrials - 9.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Aerospace & Defense - 6.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boeing Company (The) <sup>(c)(d)</sup> | &nbsp;&nbsp;781 | &nbsp;&nbsp;182535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation <sup>(c)</sup> | &nbsp;&nbsp;649 | &nbsp;&nbsp;227857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions, Inc. <sup>(c)(d)</sup> | &nbsp;&nbsp;2945 | &nbsp;&nbsp;303365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin Corporation <sup>(c)</sup> | &nbsp;&nbsp;273 | &nbsp;&nbsp;173142 |
|  |  | &nbsp;&nbsp;886899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Diversified Industrials - 1.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. <sup>(c)</sup> | &nbsp;&nbsp;979 | &nbsp;&nbsp;222742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Transportation & Logistics - 1.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FedEx Corporation <sup>(c)</sup> | &nbsp;&nbsp;660 | &nbsp;&nbsp;212685 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 63.0% (Continued)** | **Shares** | **Value** |
| **Materials - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Metals & Mining - 1.9%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barrick Mining Corporation <sup>(c)</sup> | &nbsp;&nbsp;5654 | &nbsp;&nbsp;$258897 |
| **Real Estate - 3.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*REITs - 3.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. <sup>(c)</sup> | &nbsp;&nbsp;605 | &nbsp;&nbsp;152381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc. <sup>(c)</sup> | &nbsp;&nbsp;1199 | &nbsp;&nbsp;156541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2925 | &nbsp;&nbsp;227186 |
|  |  | &nbsp;&nbsp;536108 |
| **Technology - 16.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Semiconductors - 8.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. <sup>(c)</sup> | &nbsp;&nbsp;648 | &nbsp;&nbsp;214682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intel Corporation <sup>(c)(d)</sup> | &nbsp;&nbsp;3280 | &nbsp;&nbsp;152422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2563 | &nbsp;&nbsp;202272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. <sup>(c)</sup> | &nbsp;&nbsp;821 | &nbsp;&nbsp;340616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation <sup>(c)</sup> | &nbsp;&nbsp;1462 | &nbsp;&nbsp;279432 |
|  |  | &nbsp;&nbsp;1189424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Software - 3.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation <sup>(c)</sup> | &nbsp;&nbsp;682 | &nbsp;&nbsp;293458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. <sup>(c)</sup> | &nbsp;&nbsp;593 | &nbsp;&nbsp;125888 |
|  |  | &nbsp;&nbsp;419346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Hardware - 3.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. <sup>(c)</sup> | &nbsp;&nbsp;692 | &nbsp;&nbsp;179560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2420 | &nbsp;&nbsp;189534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Company <sup>(c)</sup> | &nbsp;&nbsp;6523 | &nbsp;&nbsp;140375 |
|  |  | &nbsp;&nbsp;509469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Technology Services - 1.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation <sup>(c)</sup> | &nbsp;&nbsp;715 | &nbsp;&nbsp;219291 |
| **Utilities - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electric Utilities - 4.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corporation <sup>(c)</sup> | &nbsp;&nbsp;2409 | &nbsp;&nbsp;158777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Partners, L.P. <sup>(c)</sup> | &nbsp;&nbsp;4861 | &nbsp;&nbsp;161337 |

---

---

| | | |
|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** | **SCHEDULE OF INVESTMENTS (Continued)** |
| **COMMON STOCKS - 63.0% (Continued)** | **Shares** | **Value** |
| **Utilities - 4.0% (Continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Electric Utilities - 4.0% (Continued)* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group, Inc. <sup>(c)</sup> | &nbsp;&nbsp;2167 | &nbsp;&nbsp;$239822 |
|  |  | &nbsp;&nbsp;559936 |
| **Total Common Stocks** (Cost $8,483,585) | **Total Common Stocks** (Cost $8,483,585) | &nbsp;&nbsp;$8816589 |
| **EXCHANGE-TRADED FUNDS - 8.9%** | **Shares** | **Value** |
| iShares Broad USD High Yield Corporate Bond ETF | &nbsp;&nbsp;16456 | &nbsp;&nbsp;$619404 |
| iShares iBoxx $ High Yield Corporate Bond ETF | &nbsp;&nbsp;7644 | &nbsp;&nbsp;620081 |
| **Total Exchange-Traded Funds** (Cost $1,234,413) | **Total Exchange-Traded Funds** (Cost $1,234,413) | &nbsp;&nbsp;$1239485 |
| **Investments at Value - 99.2%** (Cost $13,531,820) | **Investments at Value - 99.2%** (Cost $13,531,820) | &nbsp;&nbsp;$13862358 |
| **Other Assets in Excess of Liabilities - 0.8%** | **Other Assets in Excess of Liabilities - 0.8%** | &nbsp;&nbsp;112050 |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | &nbsp;&nbsp;$13974408 |

---

---

| | |
|:---|:---|
| 144A | - Security was purchased in a transaction exempt from registration in compliance with Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. The total value of such securities is $350,015 as of January 31, 2026, representing 2.5% of net assets. |
| H15T1Y | - U.S. Treasury yield curve rate for U.S. Treasury note with a constant maturity of 1 year. |
| plc | - Public Limited Company |
| SOFR | - Secured Overnight Financing Rate. |

---

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of January 31, 2026. For securities based on a published reference rate and spread, the reference rate and spread (in basis points) are indicated parenthetically. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities, therefore, do not indicate a reference rate and spread.

<sup>(b)</sup> Security has a perpetual maturity date.

<sup>(c)</sup> All or a portion of the security covers a written call option. The total value of securities as of January 31, 2026 was $7,992,877.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |  |  |
| **WRITTEN OPTION CONTRACTS** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** | **Call Option Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alcon, Inc., 03/20/26 | &nbsp;&nbsp;$87 .50 | 23 | $186254 | &nbsp;&nbsp;&nbsp;&nbsp;$3623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corporation, 04/17/26 | &nbsp;&nbsp;70 .00 | 22 | 145002 | &nbsp;&nbsp;&nbsp;&nbsp;2310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A, 03/20/26 | &nbsp;&nbsp;360 .00 | 12 | 405600 | &nbsp;&nbsp;&nbsp;&nbsp;11460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc., 03/20/26 | &nbsp;&nbsp;300 .00 | 6 | 155688 | &nbsp;&nbsp;&nbsp;&nbsp;300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barrick Mining Corporation, 06/18/26 | &nbsp;&nbsp;60 .00 | 53 | 242687 | &nbsp;&nbsp;&nbsp;&nbsp;10070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boeing Company (The), 05/15/26 | &nbsp;&nbsp;250 .00 | 7 | 163604 | &nbsp;&nbsp;&nbsp;&nbsp;7252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc., 03/20/26 | &nbsp;&nbsp;380 .00 | 6 | 198780 | &nbsp;&nbsp;&nbsp;&nbsp;6030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation, 06/18/26 | &nbsp;&nbsp;250 .00 | 7 | 153251 | &nbsp;&nbsp;&nbsp;&nbsp;4760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc., 03/20/26 | &nbsp;&nbsp;87 .50 | 22 | 172304 | &nbsp;&nbsp;&nbsp;&nbsp;1540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer, L.P., 04/17/26 | &nbsp;&nbsp;19 .00 | 120 | 221400 | &nbsp;&nbsp;&nbsp;&nbsp;4080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Partners, L.P., 03/20/26 | &nbsp;&nbsp;34 .00 | 46 | 152674 | &nbsp;&nbsp;&nbsp;&nbsp;1886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust, Inc., 04/17/26 | &nbsp;&nbsp;280 .00 | 5 | 125935 | &nbsp;&nbsp;&nbsp;&nbsp;800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FedEx Corporation, 03/20/26 | &nbsp;&nbsp;320 .00 | 6 | 193350 | &nbsp;&nbsp;&nbsp;&nbsp;9810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc. (The), 06/18/26 | &nbsp;&nbsp;33 .00 | 56 | 156688 | &nbsp;&nbsp;&nbsp;&nbsp;10080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation, 03/20/26 | &nbsp;&nbsp;370 .00 | 6 | 210654 | &nbsp;&nbsp;&nbsp;&nbsp;2340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc., 05/15/26 | &nbsp;&nbsp;145 .00 | 25 | 354875 | &nbsp;&nbsp;&nbsp;&nbsp;19375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Company, 03/20/26 | &nbsp;&nbsp;28 .00 | 61 | 131272 | &nbsp;&nbsp;&nbsp;&nbsp;915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The), 03/20/26 | &nbsp;&nbsp;390 .00 | 4 | 149836 | &nbsp;&nbsp;&nbsp;&nbsp;3300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc., 04/17/26 | &nbsp;&nbsp;230 .00 | 9 | 204768 | &nbsp;&nbsp;&nbsp;&nbsp;7200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intel Corporation, 05/15/26 | &nbsp;&nbsp;49 .00 | 31 | 144057 | &nbsp;&nbsp;&nbsp;&nbsp;15500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation, 03/20/26 | &nbsp;&nbsp;350 .00 | 6 | 184020 | &nbsp;&nbsp;&nbsp;&nbsp;816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company, 03/20/26 | &nbsp;&nbsp;340 .00 | 7 | 214123 | &nbsp;&nbsp;&nbsp;&nbsp;917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc., 06/18/26 | &nbsp;&nbsp;31 .00 | 55 | 167695 | &nbsp;&nbsp;&nbsp;&nbsp;7590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions, Inc., 05/15/26 | &nbsp;&nbsp;140 .00 | 27 | 278127 | &nbsp;&nbsp;&nbsp;&nbsp;19710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin Corporation, 06/18/26 | &nbsp;&nbsp;690 .00 | 2 | 126844 | &nbsp;&nbsp;&nbsp;&nbsp;4900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc., 03/20/26 | &nbsp;&nbsp;110 .00 | 24 | 189408 | &nbsp;&nbsp;&nbsp;&nbsp;2064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medtronic plc, 03/20/26 | &nbsp;&nbsp;110 .00 | 18 | 185328 | &nbsp;&nbsp;&nbsp;&nbsp;1890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merck & Company, Inc., 04/17/26 | &nbsp;&nbsp;120 .00 | 21 | 231567 | &nbsp;&nbsp;&nbsp;&nbsp;4641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc., 06/18/26 | &nbsp;&nbsp;530 .00 | 7 | 290416 | &nbsp;&nbsp;&nbsp;&nbsp;26326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation, 03/20/26 | &nbsp;&nbsp;535 .00 | 6 | 258174 | &nbsp;&nbsp;&nbsp;&nbsp;390 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** | **WESTWOOD ENHANCED INCOME OPPORTUNITY ETF** |
| **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** | **SCHEDULE OF OPEN WRITTEN OPTION CONTRACTS (Continued)** |
| **WRITTEN OPTION CONTRACTS (Continued)** | **Strike Price** | **Contracts** | **Notional Value** | **Value of Options** |
| **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** | **Call Option Contracts (Continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation, 03/20/26 | &nbsp;&nbsp;$210 .00 | 13 | $248469 | &nbsp;&nbsp;&nbsp;&nbsp;$7267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc., 04/17/26 | &nbsp;&nbsp;190 .00 | 9 | 161496 | &nbsp;&nbsp;&nbsp;&nbsp;4320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc., 03/20/26 | &nbsp;&nbsp;145 .00 | 11 | 143616 | &nbsp;&nbsp;&nbsp;&nbsp;440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc., 03/20/26 | &nbsp;&nbsp;300 .00 | 5 | 106145 | &nbsp;&nbsp;&nbsp;&nbsp;190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd., 03/20/26 | &nbsp;&nbsp;50 .00 | 29 | 140302 | &nbsp;&nbsp;&nbsp;&nbsp;4727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SouthState Bank Corporation, 03/20/26 | &nbsp;&nbsp;105 .00 | 19 | 194427 | &nbsp;&nbsp;&nbsp;&nbsp;5320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc., 05/15/26 | &nbsp;&nbsp;80 .00 | 27 | 209709 | &nbsp;&nbsp;&nbsp;&nbsp;7223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc., 03/20/26 | &nbsp;&nbsp;125 .00 | 13 | 154882 | &nbsp;&nbsp;&nbsp;&nbsp;3172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Company (The), 03/20/26 | &nbsp;&nbsp;125 .00 | 13 | 146640 | &nbsp;&nbsp;&nbsp;&nbsp;1833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group, Inc., 04/17/26 | &nbsp;&nbsp;115 .00 | 20 | 221340 | &nbsp;&nbsp;&nbsp;&nbsp;4050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Company, 03/20/26 | &nbsp;&nbsp;100 .00 | 30 | 271470 | &nbsp;&nbsp;&nbsp;&nbsp;1620 |
| **Total Written Option Contracts** (Premiums $245,954) | **Total Written Option Contracts** (Premiums $245,954) |  | $7992877 | &nbsp;&nbsp;&nbsp;&nbsp;$232037 |
| The average monthly notional value of written option contracts during the two months ended January 31, 2026 was $6,439,966. | The average monthly notional value of written option contracts during the two months ended January 31, 2026 was $6,439,966. | The average monthly notional value of written option contracts during the two months ended January 31, 2026 was $6,439,966. | The average monthly notional value of written option contracts during the two months ended January 31, 2026 was $6,439,966. | The average monthly notional value of written option contracts during the two months ended January 31, 2026 was $6,439,966. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ultimus Managers Trust

- **b. Investment Company Act file number:** 811-22680

- **c. CIK number of Registrant:** 0001545440

- **d. LEI of Registrant:** 549300FU214TAR7BFY91

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** Westwood Salient Enhanced Energy Income ETF

- **b. EDGAR series identifier (if any):** S000084179

- **c. LEI of Series:** 2549007W21PVVX7R7K69

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $43111233.01

**Total Liabilities:** $2155501.58

**Net Assets:** $40955731.43

**Cash Not Reported:** $609793.28

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248452 | 3.06%                | 0.75%                | 8.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-13096.70               | $710231.08                                 |
| Month 2  | $-6193.45                | $-99068.17                                 |
| Month 3  | $15317.74                | $4930100.23                                |

**Designated Index Information**

- **Index Name:** S&P Energy Select Sector Index TR

- **Index Identifier:** ext_system_key_4

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| APA Corp.                        | APA Corporation                                       | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     14299 | NS      | $377636.59    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company             | Baker Hughes Company                                  | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27840 | NS      | $1560153.60   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc               | Coterra Energy, Inc.                                  | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     22358 | NS      | $645028.30    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.              | Expand Energy Corporation                             | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      6247 | NS      | $702225.27    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                    | Chevron Corporation                                   | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39014 | NS      | $6901576.60   | 16.85%            |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                   | ConocoPhillips                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     25582 | NS      | $2666411.86   | 6.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation         | Devon Energy Corporation                              | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     17219 | NS      | $692375.99    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc           | Diamondback Energy, Inc.                              | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      8135 | NS      | $1333733.25   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.               | EOG Resources, Inc.                                   | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     14150 | NS      | $1586639.50   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                  | EQT Corporation                                       | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     18038 | NS      | $1041333.74   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                | Exxon Mobil Corporation                               | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     72871 | NS      | $10303959.40  | 25.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Company              | Halliburton Company                                   | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     26368 | NS      | $883855.36    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.              | Kinder Morgan, Inc.                                   | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     54456 | NS      | $1660363.44   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.         | Marathon Petroleum Corporation                        | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      6397 | NS      | $1127087.43   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.       | Occidental Petroleum Corporation                      | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     17500 | NS      | $794325.00    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                       | ONEOK, Inc.                                           | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     17462 | NS      | $1382815.78   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                      | Phillips 66                                           | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     10810 | NS      | $1551883.60   | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                         | SLB Ltd.                                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     40173 | NS      | $1943569.74   | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.            | Targa Resources Corporation                           | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      5984 | NS      | $1202664.32   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation   | Texas Pacific Land Corporation                        | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1332 | NS      | $464015.52    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.              | Valero Energy Corporation                             | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      9358 | NS      | $1697821.94   | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)    | Williams Companies, Inc. (The)                        | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     29236 | NS      | $1966413.36   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | APA Corporation 02/20/2026 27.5 Call                  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -10 | NS      | $-610.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | APA Corporation 02/20/2026 30 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -4 | NS      | $-76.00       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | APA Corporation 03/20/2026 30 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -121 | NS      | $-7986.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Baker Hughes Company 02/20/2026 50 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -14 | NS      | $-7980.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Baker Hughes Company 02/20/2026 55 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -190 | NS      | $-42750.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Baker Hughes Company 03/20/2026 55 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -53 | NS      | $-18020.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Baker Hughes Company 03/20/2026 60 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -7 | NS      | $-735.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ConocoPhillips 02/20/2026 100 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -206 | NS      | $-112476.00   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ConocoPhillips 02/20/2026 105 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -13 | NS      | $-3510.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ConocoPhillips 03/20/2026 105 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -7 | NS      | $-2765.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ConocoPhillips 03/20/2026 110 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -17 | NS      | $-3757.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Coterra Energy, Inc. 02/20/2026 27 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -11 | NS      | $-2134.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Coterra Energy, Inc. 02/20/2026 28 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -174 | NS      | $-21054.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Coterra Energy, Inc. 03/20/2026 30 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -21 | NS      | $-1428.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Coterra Energy, Inc. 03/20/2026 31 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -6 | NS      | $-270.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Chevron Corporation 02/20/2026 160 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -21 | NS      | $-36750.00    | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Chevron Corporation 02/20/2026 165 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -11 | NS      | $-14300.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Chevron Corporation 02/20/2026 170 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -325 | NS      | $-256750.00   | -0.63%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Chevron Corporation 02/20/2026 180 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -11 | NS      | $-2662.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Chevron Corporation 03/20/2026 175 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -11 | NS      | $-7106.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Devon Energy Corporation 02/20/2026 40 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -14 | NS      | $-2212.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Devon Energy Corporation 03/20/2026 40 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -145 | NS      | $-32335.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Devon Energy Corporation 03/20/2026 42.5 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -4 | NS      | $-504.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EOG Resources, Inc. 02/20/2026 110 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -12 | NS      | $-3960.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EOG Resources, Inc. 02/20/2026 120 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -4 | NS      | $-252.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EOG Resources, Inc. 03/20/2026 120 Call               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -118 | NS      | $-24190.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EQT Corporation 02/20/2026 55 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -5 | NS      | $-1865.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EQT Corporation 02/20/2026 57.5 Call                  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -5 | NS      | $-1200.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EQT Corporation 02/20/2026 60 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -9 | NS      | $-1170.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EQT Corporation 03/20/2026 55 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -147 | NS      | $-69825.00    | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | EQT Corporation 03/20/2026 60 Call                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -5 | NS      | $-1205.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Expand Energy Corporation 02/20/2026 110 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-1040.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Expand Energy Corporation 02/20/2026 115 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-504.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Expand Energy Corporation 02/20/2026 120 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -48 | NS      | $-6720.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Expand Energy Corporation 03/20/2026 115 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -4 | NS      | $-1920.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Expand Energy Corporation 03/20/2026 120 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-915.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Diamondback Energy, Inc. 02/20/2026 160 Call          | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-1460.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Diamondback Energy, Inc. 02/20/2026 165 Call          | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -7 | NS      | $-3122.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Diamondback Energy, Inc. 03/20/2026 165 Call          | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -66 | NS      | $-50490.00    | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Diamondback Energy, Inc. 03/20/2026 175 Call          | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-840.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Halliburton Company 02/20/2026 30 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -13 | NS      | $-4160.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Halliburton Company 02/20/2026 33 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -209 | NS      | $-30514.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Halliburton Company 02/20/2026 35 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -14 | NS      | $-840.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Halliburton Company 03/20/2026 35 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -7 | NS      | $-875.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Halliburton Company 03/20/2026 38 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -7 | NS      | $-322.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Kinder Morgan, Inc. 02/20/2026 30 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -15 | NS      | $-1215.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Kinder Morgan, Inc. 03/20/2026 30 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -394 | NS      | $-44916.00    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Kinder Morgan, Inc. 03/20/2026 31 Call                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -120 | NS      | $-7800.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Marathon Petroleum Corporation 02/20/2026 180 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-780.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Marathon Petroleum Corporation 02/20/2026 185 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-630.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Marathon Petroleum Corporation 02/20/2026 190 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-300.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Marathon Petroleum Corporation 03/20/2026 190 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -1 | NS      | $-301.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Marathon Petroleum Corporation 03/20/2026 200 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -52 | NS      | $-8190.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ONEOK, Inc. 02/20/2026 80 Call                        | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -12 | NS      | $-1560.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ONEOK, Inc. 03/20/2026 80 Call                        | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -10 | NS      | $-2650.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | ONEOK, Inc. 03/20/2026 85 Call                        | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -143 | NS      | $-14300.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Occidental Petroleum Corporation 02/20/2026 42.5 Call | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -6 | NS      | $-2100.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Occidental Petroleum Corporation 02/20/2026 45 Call   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -14 | NS      | $-2548.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Occidental Petroleum Corporation 02/20/2026 47.5 Call | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -5 | NS      | $-430.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Occidental Petroleum Corporation 03/20/2026 47.5 Call | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -145 | NS      | $-20880.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Phillips 66 02/20/2026 140 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-1800.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Phillips 66 02/20/2026 145 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -69 | NS      | $-26220.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Phillips 66 02/20/2026 150 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-627.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Phillips 66 02/20/2026 155 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-315.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Phillips 66 03/20/2026 160 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -27 | NS      | $-3726.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 02/20/2026 40 Call                           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -10 | NS      | $-8410.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 02/20/2026 42.5 Call                         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -10 | NS      | $-5900.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 02/20/2026 45 Call                           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -11 | NS      | $-4114.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 02/20/2026 47.5 Call                         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -319 | NS      | $-58058.00    | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 02/20/2026 50 Call                           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -10 | NS      | $-800.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 03/20/2026 52.5 Call                         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -11 | NS      | $-1001.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | SLB Ltd. 03/20/2026 55 Call                           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -10 | NS      | $-520.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Texas Pacific Land Corporation 02/20/2026 310 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-8370.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Texas Pacific Land Corporation 02/20/2026 330 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -9 | NS      | $-24210.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Texas Pacific Land Corporation 03/20/2026 380 Call    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -1 | NS      | $-1035.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Targa Resources Corporation 02/20/2026 190 Call       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-4080.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Targa Resources Corporation 02/20/2026 195 Call       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-1980.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Targa Resources Corporation 02/20/2026 200 Call       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-1200.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Targa Resources Corporation 03/20/2026 200 Call       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-2580.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Targa Resources Corporation 03/20/2026 210 Call       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -46 | NS      | $-23690.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Valero Energy Corporation 02/20/2026 180 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -5 | NS      | $-2965.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Valero Energy Corporation 02/20/2026 190 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -67 | NS      | $-17085.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Valero Energy Corporation 02/20/2026 195 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-290.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Valero Energy Corporation 02/20/2026 200 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -3 | NS      | $-312.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Valero Energy Corporation 03/20/2026 200 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-600.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Valero Energy Corporation 03/20/2026 210 Call         | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -9 | NS      | $-1404.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Williams Companies, Inc. (The) 02/20/2026 65 Call     | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -33 | NS      | $-10230.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Williams Companies, Inc. (The) 03/20/2026 70 Call     | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -251 | NS      | $-39909.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Exxon Mobil Corporation 02/20/2026 125 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -81 | NS      | $-134703.00   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Exxon Mobil Corporation 02/20/2026 130 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -20 | NS      | $-23280.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Exxon Mobil Corporation 02/20/2026 135 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -550 | NS      | $-401500.00   | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Exxon Mobil Corporation 02/20/2026 140 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -20 | NS      | $-8000.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Exxon Mobil Corporation 03/20/2026 145 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -19 | NS      | $-6365.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION | Exxon Mobil Corporation 03/20/2026 150 Call           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -2 | NS      | $-390.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

**Name of Applicant:** Westwood Salient Enhanced Energy Income ETF

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Treasurer