NPORT-P
false
0001477491
XXXXXXXX
S000028092
C000085570
ARCHER INVESTMENT SERIES TRUST
811-22356
0001477491
549300ULDSJ2RHNW9957
11711 N. College Ave., #200
Carmel
46032
317-581-1300
Archer Balanced Fund
S000028092
5493006BPWCZ4KYZOD43
2022-08-31
2022-05-31
N
47538199.42
185970.37
47352229.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2396.86
USD
N
AbbVie, Inc.
FR5LCKFTG8054YNNRU85
AbbVie, Inc., 2.900%, due 11/06/2022
00287YAL3
250000.00
PA
USD
250500.31
0.53
Long
DBT
CORP
US
N
2
2022-11-06
Fixed
2.90
N
N
N
N
N
N
AbbVie, Inc.
FR5LCKFTG8054YNNRU85
AbbVie, Inc., 3.200%, due 05/14/2026
00287YAY5
100000.00
PA
USD
98414.64
0.21
Long
DBT
CORP
US
N
2
2026-05-14
Fixed
3.20
N
N
N
N
N
N
Accenture PLC
549300JY6CF6DO4YFQ03
Accenture PLC Class A (Ireland)
G1151C101
3000.00
NS
USD
895380.00
1.89
Long
EC
CORP
IE
N
1
N
N
N
Affiliated Managers Group, Inc.
2JE75BUE3T1BLCYYGK54
Affiliated Managers Group, Inc., 3.500%, due 08/01/2025
008252AN8
200000.00
PA
USD
200224.82
0.42
Long
DBT
CORP
US
N
2
2025-08-01
Fixed
3.50
N
N
N
N
N
N
Air Lease Corp.
5493004NW4M4P8TMMK63
Air Lease Corp., 3.625%, 12/01/2027
00912XAY0
200000.00
PA
USD
187730.62
0.40
Long
DBT
CORP
US
N
2
2027-12-01
Fixed
3.63
N
N
N
N
N
N
Ally Financial, Inc.
549300JBN1OSM8YNAI90
Ally Financial, Inc. Series B, 4.700%, to 05/15/2026
02005NBM1
250000.00
PA
USD
210952.56
0.45
Long
DBT
CORP
US
N
2
2050-12-31
Fixed
4.70
N
N
N
N
N
N
Alphabet, Inc.
5493006MHB84DD0ZWV18
Alphabet, Inc. Class A
02079K305
535.00
NS
USD
1217253.40
2.57
Long
EC
CORP
US
N
1
N
N
N
American Airlines 2013-2 Pass Through Trust
N/A
American Airlines 2013-2 Class A Pass Through Trust, 4.950%, due 01/15/2023
02377UAB0
81621.26
PA
USD
81383.24
0.17
Long
DBT
CORP
US
N
2
2023-01-15
Fixed
4.95
N
N
N
N
N
N
Apple, Inc.
HWUPKR0MPOU8FGXBT394
Apple, Inc.
037833100
6700.00
NS
USD
997228.00
2.11
Long
EC
CORP
US
N
1
N
N
N
B Riley Financial, Inc.
N/A
B Riley Financial, Inc., 6.50%, due 09/30/2026
05580M801
4000.00
NS
USD
99800.00
0.21
Long
EP
CORP
US
N
1
N
N
N
Bank of America Corp.
549300I6GXQ4O8PHFJ89
BAC Capital Trust XIII Series F, 4.000%, (3-month Libor + 0.40%)
05518UAA5
150000.00
PA
USD
112500.00
0.24
Long
DBT
CORP
US
N
2
2043-03-15
Variable
4.00
N
N
N
N
N
N
Baltimore Board of School Commissioners
N/A
Baltimore Board of School Commissioners City Schools Revenue, 5.692%, due 12/15/2025
183596CY9
200000.00
PA
USD
216090.00
0.46
Long
DBT
CORP
US
N
2
2025-12-15
Fixed
5.69
N
N
N
N
N
N
Banc of California, Inc.
549300ZKWUJDP6LJ1X87
Banc of California, Inc., 5.250%, due 04/15/2025
05990KAC0
300000.00
PA
USD
302155.16
0.64
Long
DBT
CORP
US
N
2
2025-04-15
Fixed
5.25
N
N
N
N
N
N
Bank of America Corp.
9DJT3UXIJIZJI4WXO774
Bank of America Corp. Series L, 3.950%, due 04/21/2025
06051GFP9
100000.00
PA
USD
100685.28
0.21
Long
DBT
CORP
US
N
2
2025-04-21
Fixed
3.95
N
N
N
N
N
N
Boeing Co.
RVHJWBXLJ1RFUBSY1F30
Boeing Co., 2.600%, due 10/30/2025
097023BP9
250000.00
PA
USD
236995.00
0.50
Long
DBT
CORP
US
N
2
2025-10-30
Fixed
2.60
N
N
N
N
N
N
Bristol Myers Squibb Co.
HLYYNH7UQUORYSJQCN42
Bristol Myers Squibb Co.
110122108
8550.00
NS
USD
645097.50
1.36
Long
EC
CORP
US
N
1
N
N
N
Broadcom, Inc.
549300WV6GIDOZJTV909
Broadcom, Inc.
11135F101
1600.00
NS
USD
928208.00
1.96
Long
EC
CORP
US
N
1
N
N
N
CVS Health Corp.
549300EJG376EN5NQE29
CVS Health Corp.
126650100
13594.00
NS
USD
1315219.50
2.78
Long
EC
CORP
US
N
1
N
N
N
California State University
N/A
California St. University Revenue Bond Series B, 2.785%, due 11/01/2022
13077CXG4
5000.00
PA
USD
5019.75
0.01
Long
DBT
CORP
US
N
2
2022-11-01
Fixed
2.79
N
N
N
N
N
N
Capital Southwest Corp.
54930023YZ4YEJEDBO56
Capital Southwest Corp., 3.375%, due 10/01/2026
140501AC1
400000.00
PA
USD
370124.00
0.78
Long
DBT
CORP
US
N
2
2026-10-01
Fixed
3.38
N
N
N
N
N
N
Chevron Corp.
549300VVH8HHFMWL8536
Chevron Corp.
166764100
7300.00
NS
USD
1275018.00
2.69
Long
EC
CORP
US
N
1
N
N
N
Citigroup, Inc.
6SHGI4ZSSLCXXQSBB395
Citigroup, Inc.
172967424
15000.00
NS
USD
801150.00
1.69
Long
EC
CORP
US
N
1
N
N
N
Citigroup, Inc.
6SHGI4ZSSLCXXQSBB395
Citigroup, Inc. Series B, 5.900%, to 02/15/2023
172967GF2
200000.00
PA
USD
199028.83
0.42
Long
DBT
CORP
US
N
2
2023-02-15
Variable
5.90
N
N
N
N
N
N
Citizens Financial Group, Inc.
2138004JDDA4ZQUPFW65
Citizens Financial Group, Inc., 4.350%, due 08/01/2025
174610AJ4
100000.00
PA
USD
100068.55
0.21
Long
DBT
CORP
US
N
2
2025-08-01
Fixed
4.35
N
N
N
N
N
N
City of Coldwater MI Water Supply & Wastewater System
N/A
City of Coldwater, MI Water Supply & Wastewater System Revenue, 5.000%, due 08/01/2026
193170EG8
25000.00
PA
USD
27614.75
0.06
Long
DBT
CORP
US
N
2
2026-08-01
Fixed
5.00
N
N
N
N
N
N
City of New York
549300ABYZD2SFD5JB29
City of New York, NY Txbl-Subser A-2, 1.980%, due 08/01/2023
64966MEE5
200000.00
PA
USD
198378.00
0.42
Long
DBT
CORP
US
N
2
2023-08-01
Fixed
1.98
N
N
N
N
N
N
CommonSpirit Health
4SXHN5XW08IBO0UG2V58
CommonSpirit Health, 2.950%, due 11/01/2022
14916RAC8
100000.00
PA
USD
100370.14
0.21
Long
DBT
CORP
US
N
2
2022-11-01
Fixed
2.95
N
N
N
N
N
N
Discover Financial Services
Z1YLO2USPORE63VVUL20
Discover Financial Services Series D, 6.125%, due 06/23/2025
254709AQ1
250000.00
PA
USD
251251.06
0.53
Long
DBT
CORP
US
N
2
2025-06-23
Variable
6.13
N
N
N
N
N
N
Douglas County School District 206
N/A
Douglas County, WA School District No. 206 Eastmont Qualified School Construction, 4.700%, due 12/01/2025
259579KL3
70000.00
PA
USD
72551.50
0.15
Long
DBT
CORP
US
N
2
2025-12-01
Fixed
4.70
N
N
N
N
N
N
Duke Realty Corp.
N/A
Duke Realty Corp.
264411505
19900.00
NS
USD
1051317.00
2.22
Long
EC
CORP
US
N
1
N
N
N
Eagle Bancorp, Inc.
549300B47NZODRMG3D47
Eagle Bancorp, Inc., 5.750%, due 9/01/2024
268948AA4
250000.00
PA
USD
257840.86
0.54
Long
DBT
CORP
US
N
2
2024-09-01
Fixed
5.75
N
N
N
N
N
N
East Norriton & Plymouth
N/A
East Norriton Plymouth Whitpain Joint Sewer Authority, 1.832%, due 08/01/2028
274029GM3
250000.00
PA
USD
229842.50
0.49
Long
DBT
CORP
US
N
2
2028-08-01
Fixed
1.83
N
N
N
N
N
N
Eli Lilly & Co.
FRDRIPF3EKNDJ2CQJL29
Eli Lilly & Co.
532457108
1800.00
NS
USD
564192.00
1.19
Long
EC
CORP
US
N
1
N
N
N
Evansville Vanderburgh Indiana School Corp.
N/A
Evansville-Vanderburgh, IN School Bldg. Corp. Series B, 6.150%, due 07/15/2027
299620EE0
135000.00
PA
USD
135359.10
0.29
Long
DBT
CORP
US
N
2
2027-07-15
Fixed
6.15
N
N
N
N
N
N
Extra Space Storage, Inc.
N/A
Extra Space Storage, Inc.
30225T102
5100.00
NS
USD
908820.00
1.92
Long
EC
CORP
US
N
1
N
N
N
FedEx Corp.
549300E707U7WNPZN687
FedEx Corp.
31428X106
4400.00
NS
USD
988152.00
2.09
Long
EC
CORP
US
N
1
N
N
N
Federated Hermes Money Market Obligations Trust
25490005VWJDWX717014
Federated Treasury Obligation Fund - Institutional Shares
60934N500
1197374.79
NS
USD
1197374.79
2.53
Long
STIV
RF
US
N
1
N
N
N
Fifth Third Bancorp
THRNG6BD57P9QWTQLG42
Fifth Third Bancorp Series L, 4.500%, to 09/30/2025
316773DB3
200000.00
PA
USD
191015.06
0.40
Long
DBT
CORP
US
N
2
2025-09-30
Variable
4.50
N
N
N
N
N
N
Fishers, IN Econ Development Revenue
N/A
Fishers, IN Econ Development Revenue Taxable-P3 Project, 2.650%, due 08/01/2028
338035KJ6
190000.00
PA
USD
179612.70
0.38
Long
DBT
CORP
US
N
2
2028-08-01
Fixed
2.65
N
N
N
N
N
N
Ford Motor Co.
20S05OYHG0MQM4VUIC57
Ford Motor Co., 6.000%, due 12/01/2059
345370837
6000.00
NS
USD
150720.00
0.32
Long
EP
CORP
US
N
1
N
N
N
Ford Motor Credit Co. LLC
UDSQCVRUX5BONN0VY111
Ford Motor Credit Co. LLC., 3.810%, due 01/09/2024
345397YG2
50000.00
PA
USD
49678.50
0.10
Long
DBT
CORP
US
N
2
2024-01-09
Fixed
3.81
N
N
N
N
N
N
General Electric Co.
3C7474T6CDKPR9K6YT90
General Electric Co. Series A, 4.000%, to 06/15/2022
369604BM4
300000.00
PA
USD
210450.00
0.44
Long
DBT
CORP
US
N
2
2022-06-15
Variable
4.00
N
N
N
N
N
N
General Motors Financial Co.
5493008B6JBRUJ90QL97
General Motors Financial Co., Inc., 3.10%, 1/12/2032
37045XDS2
150000.00
PA
USD
127146.87
0.27
Long
DBT
CORP
US
N
2
2032-01-12
Fixed
3.10
N
N
N
N
N
N
Georgia Local Government CTFS
N/A
Georgia Loc. Govt., 4.750%, due 06/01/2028
373271AA3
99000.00
PA
USD
105833.97
0.22
Long
DBT
CORP
US
N
2
2028-06-01
Fixed
4.75
N
N
N
N
N
N
Goldman Sachs Group, Inc.
784F5XWPLTWKTBV3E584
Goldman Sachs Group, Inc., 0.000%, due 11/13/2028
38147QK21
125000.00
PA
USD
97562.50
0.21
Long
DBT
CORP
US
N
2
2028-11-13
Variable
0.00
N
N
N
N
N
N
Goldman Sachs Group, Inc.
784F5XWPLTWKTBV3E584
Goldman Sachs Group, Inc., Series MTN, 1.000%, due 11/15/2023
38150AJH9
400000.00
PA
USD
384188.99
0.81
Long
DBT
CORP
US
N
2
2023-11-15
Fixed
1.00
N
N
N
N
N
N
Greendale, WI
N/A
Greendale, WI Taxable Community Development, Series A, 4.750%, due 12/01/2026
394244GT8
110000.00
PA
USD
110123.20
0.23
Long
DBT
CORP
US
N
2
2026-12-01
Fixed
4.75
N
N
N
N
N
N
Home Depot, Inc.
QEKMOTMBBKA8I816DO57
Home Depot, Inc.
437076102
2900.00
NS
USD
877975.00
1.85
Long
EC
CORP
US
N
1
N
N
N
Honeywell International, Inc.
ISRPG12PN4EIEOEMW547
Honeywell International, Inc.
438516106
5000.00
NS
USD
968100.00
2.04
Long
EC
CORP
US
N
1
N
N
N
Huntington Bancshares, Inc.
549300XTVCVV9I7B5T19
Huntington Bancshares, Inc. Series E, 5.70%, to 04/15/2023
446150AL8
150000.00
PA
USD
139408.46
0.29
Long
DBT
CORP
US
N
2
2023-04-15
Variable
5.70
N
N
N
N
N
N
Huntington Bancshares, Inc.
549300XTVCVV9I7B5T19
Huntington Bancshares, Inc. Series G, 4.450%, to 10/15/2027
446150AV6
150000.00
PA
USD
137917.91
0.29
Long
DBT
CORP
US
N
2
2027-10-15
Variable
4.45
N
N
N
N
N
N
Intel Corp.
KNX4USFCNGPY45LOCE31
Intel Corp.
458140100
13200.00
NS
USD
586344.00
1.24
Long
EC
CORP
US
N
1
N
N
N
Invesco Exchange-Traded Fund Trust II
O540V2L4S174Y60FMD36
Invesco Variable Rate Preferred ETF
46138G870
12000.00
NS
USD
279120.00
0.59
Long
EC
RF
US
N
1
N
N
N
JPMorgan Chase & Co.
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
46625H100
8100.00
NS
USD
1071063.00
2.26
Long
EC
CORP
US
N
1
N
N
N
JPMorgan Chase & Co.
8I5DZWZKVSZI1NUHU748
JPMorgan & Chase Co. Series B, 0.81657%, due 02/01/2027 (3M USD LIBOR + 0.500%)
161480AB4
150000.00
PA
USD
141061.14
0.30
Long
DBT
CORP
US
N
2
2027-02-01
Variable
0.82
N
N
N
N
N
N
JPMorgan Chase & Co.
8I5DZWZKVSZI1NUHU748
JPMorgan & Chase Co. Series V, 4.286860%, to 07/01/2022 (3-month US Libor + 3.32%)
48127FAA1
150000.00
PA
USD
144792.87
0.31
Long
DBT
CORP
US
N
2
2050-12-31
Variable
4.29
N
N
N
N
N
N
JPMorgan Chase & Co.
549300C27W430AWFZC05
JPMorgan Ultra-Short Income ETF
46641Q837
10000.00
NS
USD
501600.00
1.06
Long
EC
RF
US
N
1
N
N
N
Janus Capital Group, Inc.
8T2ZO87FU1KVPZIG9I59
Janus Henderson US Holdings, Inc., 4.875%, 08/01/2025
47102XAJ4
250000.00
PA
USD
257827.31
0.54
Long
DBT
CORP
JE
N
2
2025-08-01
Fixed
4.88
N
N
N
N
N
N
Johnson & Johnson
549300G0CFPGEF6X2043
Johnson & Johnson
478160104
5000.00
NS
USD
897650.00
1.90
Long
EC
CORP
US
N
1
N
N
N
Keurig Dr Pepper, Inc.
DYTQ8KRTKO7Y2BVU5K74
Keurig Dr Pepper, Inc., 3.130%, due 12/15/2023
26138EAW9
150000.00
PA
USD
150401.49
0.32
Long
DBT
CORP
US
N
2
2023-12-15
Fixed
3.13
N
N
N
N
N
N
Laboratory Corp. of America Holdings
OZ7UA8IXAIFILY2VZH07
Laboratory Corp. of America Holdings
50540R409
2150.00
NS
USD
530448.00
1.12
Long
EC
CORP
US
N
1
N
N
N
Lennar Corp.
529900G61XVRLX5TJX09
Lennar Corp., 4.750%, due 11/29/2027
526057CD4
150000.00
PA
USD
150883.24
0.32
Long
DBT
CORP
US
N
2
2027-11-29
Fixed
4.75
N
N
N
N
N
N
Lennar Corp.
529900G61XVRLX5TJX09
Lennar Corp., 4.875%, due 12/15/2023
526057BW3
200000.00
PA
USD
203613.78
0.43
Long
DBT
CORP
US
N
2
2023-12-15
Fixed
4.88
N
N
N
N
N
N
Lockheed Martin Corp.
DPRBOZP0K5RM2YE8UU08
Lockheed Martin Corp.
539830109
2800.00
NS
USD
1232308.00
2.60
Long
EC
CORP
US
N
1
N
N
N
Louisville/Jefferson County Metro Government
N/A
Louisville/Jefferson County Metro Government, 3.000%, due 05/01/2023
54675QCH4
55000.00
PA
USD
54704.65
0.12
Long
DBT
CORP
US
N
2
2023-05-01
Fixed
3.00
N
N
N
N
N
N
Marriott International, Inc.
225YDZ14ZO8E1TXUSU86
Marriott International, Inc., 4.15%, 12/01/2023
571903BA0
250000.00
PA
USD
253290.81
0.53
Long
DBT
CORP
US
N
2
2023-12-01
Fixed
4.15
N
N
N
N
N
N
Maryland Economic Development Corp.
549300JJ16DDBSZWSN94
Maryland St. Econ Dev Corp Pkg Facs Revenue Taxable Senior Baltimore City Proj Series B, 3.950%, due 06/01/2023
57422KAF2
90000.00
PA
USD
89412.30
0.19
Long
DBT
CORP
US
N
2
2023-06-01
Fixed
3.95
N
N
N
N
N
N
MasterCard, Inc.
AR5L2ODV9HN37376R084
MasterCard, Inc. Class A
57636Q104
3150.00
NS
USD
1127290.50
2.38
Long
EC
CORP
US
N
1
N
N
N
Medtronic PLC
549300GX3ZBSQWUXY261
Medtronic PLC. (Ireland)
585055106
6500.00
NS
USD
650975.00
1.37
Long
EC
CORP
IE
N
1
N
N
N
Mellon Capital IV
N/A
Mellon Capital IV, 4.00%, to 04/09/2022 (3-month US Libor + 0.565%)
58551TAA5
200000.00
PA
USD
152000.00
0.32
Long
DBT
CORP
US
N
2
2050-12-31
Variable
4.00
N
N
N
N
N
N
Merck & Co., Inc.
4YV9Y5M8S0BRK1RP0397
Merck & Co., Inc.
58933Y105
11950.00
NS
USD
1099758.50
2.32
Long
EC
CORP
US
N
1
N
N
N
Meta Platforms, Inc.
BQ4BKCS1HXDV9HN80Z93
Meta Platforms, Inc. Class A
30303M102
4275.00
NS
USD
827811.00
1.75
Long
EC
CORP
US
N
1
N
N
N
State of Michigan
N/A
Michigan State Taxable School Loan Series A, 3.200%, due 05/15/2027
594612BD4
250000.00
PA
USD
248662.50
0.53
Long
DBT
CORP
US
N
2
2027-05-15
Fixed
3.20
N
N
N
N
N
N
Microsoft Corp.
INR2EJN1ERAN0W5ZP974
Microsoft Corp.
594918104
3700.00
NS
USD
1005919.00
2.12
Long
EC
CORP
US
N
1
N
N
N
Morgan Stanley
IGJSJL3JD5P30I6NJZ34
Morgan Stanley Series MTN, 1.685%, due 08/30/2028, Capped at 12%
61760QDF8
95000.00
PA
USD
77711.90
0.16
Long
DBT
CORP
US
N
2
2028-08-30
Variable
1.69
N
N
N
N
N
N
Mosaic Co.
2YD5STGSJNMUB7H76907
Mosaic Co., 3.250%, due 11/15/2022
61945CAF0
200000.00
PA
USD
200576.86
0.42
Long
DBT
CORP
US
N
2
2022-11-15
Fixed
3.25
N
N
N
N
N
N
Murphy Oil Corp.
QBKYQD0ODE7DC7PDIN91
Murphy Oil Corp., 6.875%, due 08/15/2024
626717AH5
67000.00
PA
USD
67502.50
0.14
Long
DBT
CORP
US
N
2
2024-08-15
Fixed
6.88
N
N
N
N
N
N
Mylan, Inc.
30ZMPDNA1RHIBH89C294
Mylan, Inc., 4.200%, due 11/29/2023
628530BD8
50000.00
PA
USD
50334.90
0.11
Long
DBT
CORP
US
N
2
2023-11-29
Fixed
4.20
N
N
N
N
N
N
Nestle S.A.
KY37LUS27QQX7BB93L28
Nestle S.A. ADR
641069406
4900.00
NS
USD
597604.00
1.26
Long
EC
CORP
CH
N
1
N
N
N
New Albany Floyd County School
N/A
New Albany, Floyd County Industry School First Mortgage, 5.000%, due 01/15/2027
641667RC6
250000.00
PA
USD
279095.00
0.59
Long
DBT
CORP
US
N
2
2027-01-15
Fixed
5.00
N
N
N
N
N
N
New York City Transitional Finance Authority
5493003476LG35QAKM08
New York City NY Transitional Finance Authority Revenue, 2.760%, 02/01/2026
64971WF88
250000.00
PA
USD
243085.00
0.51
Long
DBT
CORP
US
N
2
2026-02-01
Fixed
2.76
N
N
N
N
N
N
New York St Dorm Auth Revenues
N/A
New York St Dorm Auth Revenues, 1.085%, 07/01/2022
65000BGS1
250000.00
PA
USD
238477.50
0.50
Long
DBT
CORP
US
N
2
2024-07-01
Fixed
1.09
N
N
N
N
N
N
NextEra Energy, Inc.
N/A
NextEra Energy, Inc.
65339F101
15200.00
NS
USD
1150488.00
2.43
Long
EC
CORP
US
N
1
N
N
N
Nike, Inc.
787RXPR0UX0O0XUXPZ81
Nike, Inc. Class B
654106103
6000.00
NS
USD
713100.00
1.51
Long
EC
CORP
US
N
1
N
N
N
Nike, Inc.
787RXPR0UX0O0XUXPZ81
Nike, Inc., 2.250%, due 05/01/2023
654106AC7
200000.00
PA
USD
200049.03
0.42
Long
DBT
CORP
US
N
2
2023-05-01
Fixed
2.25
N
N
N
N
N
N
NortonLifelock, Inc.
YF6ZV0M6AU4FY94MK914
NortonLifelock, Inc., 3.950%, due 06/15/2022
871503AK4
75000.00
PA
USD
75000.00
0.16
Long
DBT
CORP
US
N
2
2022-06-15
Fixed
3.95
N
N
N
N
N
N
Old National Bancorp
549300MMK90CL5KMVX16
Old National Bancorp, 4.125%, due 08/15/2024
680033AC1
100000.00
PA
USD
100916.36
0.21
Long
DBT
CORP
US
N
2
2024-08-15
Fixed
4.13
N
N
N
N
N
N
Omnicom Group, Inc.
N/A
Omnicom Group, Inc., 3.600%, due 04/15/2026
68217FAA0
200000.00
PA
USD
198857.63
0.42
Long
DBT
CORP
US
N
2
2026-04-15
Fixed
3.60
N
N
N
N
N
N
OneMain Finance Corp.
5493008I795YYBFWFU90
OneMain Finance Corp., 3.500%, due 01/15/2027
682691AB6
250000.00
PA
USD
222437.50
0.47
Long
DBT
CORP
US
N
2
2027-01-15
Fixed
3.50
N
N
N
N
N
N
Oracle Corp.
1Z4GXXU7ZHVWFCD8TV52
Oracle Corp., 1.650%, due 03/25/2026
68389XCC7
100000.00
PA
USD
91056.87
0.19
Long
DBT
CORP
US
N
2
2026-03-25
Fixed
1.65
N
N
N
N
N
N
PNC Capital Trust C
N/A
PNC Capital Trust C, 1.093000%, due 06/01/2028 (3-month Libor + 0.57%)
69349AAA0
150000.00
PA
USD
142054.22
0.30
Long
DBT
CORP
US
N
2
2028-06-01
Variable
1.09
N
N
N
N
N
N
Commonwealth of Pennsylvania Treasury
549300WICSGUHKHF1T85
Pennsylvania ST Txble-Ref-First Refunding Series, 1.200%, due 08/01/2026
70914PW57
200000.00
PA
USD
182150.00
0.38
Long
DBT
CORP
US
N
2
2026-08-01
Fixed
1.20
N
N
N
N
N
N
PepsiCo, Inc.
FJSUNZKFNQ5YPJ5OT455
PepsiCo, Inc.
713448108
4000.00
NS
USD
671000.00
1.42
Long
EC
CORP
US
N
1
N
N
N
Pfizer, Inc.
765LHXWGK1KXCLTFYQ30
Pfizer, Inc.
717081103
22300.00
NS
USD
1182792.00
2.50
Long
EC
CORP
US
N
1
N
N
N
Porterville Unified School District
N/A
Porterville Unified School District, 7.250%, due 07/01/2027
73639PAU4
20000.00
PA
USD
20062.00
0.04
Long
DBT
CORP
US
N
2
2027-07-01
Fixed
7.25
N
N
N
N
N
N
Qwest Corp.
549300R2L4N683OO1509
QWest Corp., 6.500%, due 09/01/2056
74913G881
3000.00
NS
USD
72720.00
0.15
Long
EP
CORP
US
N
1
N
N
N
Quanta Services, Inc.
SHVRXXEACT60MMH07S24
Quanta Services, Inc.
74762E102
11000.00
NS
USD
1309000.00
2.76
Long
EC
CORP
US
N
1
N
N
N
Ready Capital Corp.
549300MYWGZUG7ZUYO87
Ready Capital Corp., 5.750%, due 02/15/2026
75574U606
6000.00
NS
USD
150900.00
0.32
Long
EP
CORP
US
N
1
N
N
N
Richland Bean Blossom School
N/A
Richland Bean Blossom, IN Sch. Bldg. Corp., 5.750%, due 01/15/2024
763495FF0
25000.00
PA
USD
25056.75
0.05
Long
DBT
CORP
US
N
2
2024-01-15
Fixed
5.75
N
N
N
N
N
N
Royal Bank of Canada
ES7IP3U3RHIGC71XBU11
Royal Bank of Canada, 1.200%, due 04/27/2026
78016EZQ3
100000.00
PA
USD
90985.00
0.19
Long
DBT
CORP
CA
N
2
2026-04-27
Fixed
1.20
N
N
N
N
N
N
SVB Financial Group
549300D2KJ20JMXE7542
SVB Financial Group, 4.100%, to 02/15/2031
78486QAG6
200000.00
PA
USD
151940.00
0.32
Long
DBT
CORP
US
N
2
2050-12-31
Fixed
4.10
N
N
N
N
N
N
San Bernardino County Redevelopment
N/A
San Bernardino County Redevelopment Agency, 3.625%, due 09/01/2024
79687DAJ4
20000.00
PA
USD
20118.00
0.04
Long
DBT
CORP
US
N
2
2024-09-01
Fixed
3.63
N
N
N
N
N
N
Schenectady Metroplex Development
N/A
Schenectady, NY Metroplex Development Authority Revenue Taxable Ref, 2.250%, due 08/01/2023
80647NFC9
200000.00
PA
USD
199492.00
0.42
Long
DBT
CORP
US
N
2
2023-08-01
Fixed
2.25
N
N
N
N
N
N
Southern California Edison Co.
9R1Z5I36FERIBVKW4P77
Southern California Edison Co. Series E, 3.700%, 08/01/2025
842400GN7
100000.00
PA
USD
99689.95
0.21
Long
DBT
CORP
US
N
2
2025-08-01
Fixed
3.70
N
N
N
N
N
N
Southwest Airlines Co.
UDTZ87G0STFETI6HGH41
Southwest Airlines Co., 5.250%, due 05/04/2025
844741BJ6
250000.00
PA
USD
260187.93
0.55
Long
DBT
CORP
US
N
2
2025-05-04
Fixed
5.25
N
N
N
N
N
N
Texas Instruments, Inc.
WDJNR2L6D8RWOEB8T652
Texas Instruments, Inc.
882508104
2900.00
NS
USD
512604.00
1.08
Long
EC
CORP
US
N
1
N
N
N
The Charles Schwab Corp.
549300VSGCJ7E698NM85
The Charles Schwab Corp. Series G, 5.375%, to 06/01/2025
808513BD6
200000.00
PA
USD
202011.72
0.43
Long
DBT
CORP
US
N
2
2025-06-01
Variable
5.38
N
N
N
N
N
N
Toronto Dominion Bank
PT3QB789TSUIDF371261
Toronto Dominion Bank (Canada)
891160509
11000.00
NS
USD
838970.00
1.77
Long
EC
CORP
CA
N
1
N
N
N
Truist Financial Corp.
549300DRQQI75D2JP341
Truist Financial Corp. Series M, 5.125%, to 12/15/2027
89832QAC3
150000.00
PA
USD
133514.16
0.28
Long
DBT
CORP
US
N
2
2027-12-15
Variable
5.13
N
N
N
N
N
N
US Bancorp
N1GZ7BBF3NP8GI976H15
US Bancorp, 3.700%, to 01/15/2027
902973BC9
300000.00
PA
USD
248823.74
0.53
Long
DBT
CORP
US
N
2
2027-01-15
Fixed
3.70
N
N
N
N
N
N
Union Pacific Corp.
549300LMMRSZZCZ8CL11
Union Pacific Corp.
907818108
4600.00
NS
USD
1010988.00
2.14
Long
EC
CORP
US
N
1
N
N
N
United Rentals, Inc.
NGIZXNT70J2LYT3FBI09
United Rentals, Inc., 3.875%, due 11/15/2027
911365BM5
250000.00
PA
USD
239940.00
0.51
Long
DBT
CORP
US
N
2
2027-11-15
Fixed
3.88
N
N
N
N
N
N
Unum Group
549300E32YFDO6TZ8R31
Unum Group, 4.000%, due 03/15/2024
91529YAK2
125000.00
PA
USD
126194.14
0.27
Long
DBT
CORP
US
N
2
2024-03-15
Fixed
4.00
N
N
N
N
N
N
VMWare, Inc.
549300BUDHS3LRWBE814
VMWare, Inc., 3.900%, due 08/21/2027
928563AC9
150000.00
PA
USD
147846.89
0.31
Long
DBT
CORP
US
N
2
2027-08-21
Fixed
3.90
N
N
N
N
N
N
VMWare, Inc.
549300BUDHS3LRWBE814
VMWare, Inc. Class A
928563402
2643.00
NS
USD
338568.30
0.71
Long
EC
CORP
US
N
1
N
N
N
WalMart, Inc.
Y87794H0US1R65VBXU25
WalMart, Inc.
931142103
8000.00
NS
USD
1029040.00
2.17
Long
EC
CORP
US
N
1
N
N
N
Walt Disney Co.
549300GZKULIZ0WOW665
Walt Disney Co.
254687106
4000.00
NS
USD
441760.00
0.93
Long
EC
CORP
US
N
1
N
N
N
Wisonsin Health & Educational Facilities
N/A
Wisconsin Health Edl Facs Auth Senior Living Revenue Taxable-Covenant Cmntys, Inc. Proj Ser A-2, 4.100%, due 01/01/2024
97671VAW5
100000.00
PA
USD
100263.00
0.21
Long
DBT
CORP
US
N
2
2024-01-01
Fixed
4.10
N
N
N
N
N
N
Zurich Reinsurance Centre Holdings, Inc.
N/A
Finial Holdings, Inc., 7.125%, due 10/15/2023
989822AA9
200000.00
PA
USD
210351.74
0.44
Long
DBT
CORP
US
N
2
2023-10-15
Fixed
7.13
N
N
N
N
N
N
iShares Trust
5493000860OXIC4B5K91
iShares US Preferred Stock ETF
464288687
12900.00
NS
USD
448275.00
0.95
Long
EC
RF
US
N
1
N
N
N
2022-05-31
Archer Investment Series Trust
/s/ Troy C. Patton
Troy C. Patton
President
XXXX