NPORT-P
    false
    
      
      
        
          0001556505
          XXXXXXXX
        
      
      
      
      
        S000049076
        C000154799
      
      
    
  
  
    
      Advisors Preferred Trust
      811-22756
      0001556505
      549300VBL7C31PY2VZ37
      1445 RESEARCH BOULEVARD
      SUITE 530
      ROCKVILLE
      
      20850
      240-223-1998
      Spectrum Active Advantage Fund
      S000049076
      54930044QDSUUH44JO68
      2022-09-30
      2022-06-30
      N
    
    
      9702920.51
      20606.31
      9682314.20
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      128648.63000000
      
        
          USD
          
          
        
      
      
      
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        United States Treasury Bills
        254900HROIFWPRGM1V77
        CMB 09/27/22
        912796XX2
        
          
        
        3012000.00000000
        PA
        USD
        3000127.69000000
        30.98564690247
        Long
        DBT
        UST
        US
        
        N
        
        2
        
          2022-09-27
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FIRST AMERN FDS INC
        549300J5J5SJCZ9IA369
        FRST AM-GV OB-Z
        31846V567
        
          
        
        763463.12000000
        PA
        USD
        763463.12000000
        7.885130602351
        Long
        STIV
        RF
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Fidelity Institutional Cash Portfolios
        549300SHPEJB1OPRCV46
        FID-MM GOVT-I
        316175108
        
          
        
        763463.13000000
        PA
        USD
        763463.13000000
        7.885130705632
        Long
        STIV
        RF
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        United States Treasury Bills
        254900HROIFWPRGM1V77
        CMB 09/13/22
        912796XV6
        
          
        
        5019000.00000000
        PA
        USD
        5003081.14000000
        51.67236919454
        Long
        DBT
        UST
        US
        
        N
        
        2
        
          2022-09-13
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-07-28
      Advisors Preferred Trust
      Christine Casares
      Christine Casares
      Treasurer
    
  
  XXXX

 

SPECTRUM LOW VOLATILITY FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2022
 
Shares             Fair Value
    OPEN END FUNDS — 0.0%(a)      
    FIXED INCOME - 0.0%(a)      
6,889     Nuveen High Yield Municipal Bond Fund, Class I       $   105,879  
             
    TOTAL OPEN END FUNDS (Cost $126,376)     105,879  
               
Principal Amount ($)         Coupon Rate (%) Maturity  
    U.S. GOVERNMENT & AGENCIES — 50.6%      
    U.S. TREASURY BILLS — 50.6%      
156,623,000   United States Cash Management Bill(b)   0.0000 09/13/22 156,126,235  
             
  TOTAL U.S. GOVERNMENT & AGENCIES (Cost $156,098,775)     156,126,235  
Shares              
    SHORT-TERM INVESTMENTS — 48.9%      
    MONEY MARKET FUNDS - 48.9%      
150,993,175    Fidelity Government Portfolio, Class I, 1.21% (Cost $150,993,175)(c)       150,993,175  
             
    TOTAL INVESTMENTS - 99.5% (Cost $307,218,326)     $   307,225,289  
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%     1,480,947  
    NET ASSETS - 100.0%         $   308,706,236  
 
(a) Percentage rounds to less than 0.1%.
(b) Zero coupon bond.
(c) Rate disclosed is the seven-day effective yield as of June 30, 2022.

 

TOTAL RETURN SWAPS

Number of

Shares

 Reference Entity*

Notional Amount

at June 30, 2022

  Interest Rate Payable (1) Termination Date Counterparty

Unrealized Appreciation 

(Depreciation)
Long position:        
 6,365 Nuveen High Yield Municipal Bond Fund  $                       97,963  3-Mth USD LIBOR plus 150 bp  10/31/2024  BRC  $                  -
 20,000,000 PIMCO Government Money Market Fund  20,000,000  3-Mth USD SOFR plush 165 bp  3/8/2025  BRC                           -
             
           Total:       $                  -
             
 

     BRC - Barclays Capital 

     LIBOR - London Interbank Offered Rate

     SOFR - Secured Overnight Financing Rate

(1) Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specific spread.
      * Swap contract reset at June 30, 2022.

 

 

 

 

SPECTRUM ACTIVE ADVANTAGE  FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2022
 
Principal Amount ($)         Coupon Rate (%) Maturity Fair Value
    U.S. GOVERNMENT & AGENCIES — 82.6%      
    U.S. TREASURY BILLS — 82.6%      
5,019,000   United States Cash Management Bill(a)   0.0000 09/13/22 $   5,003,081  
3,012,000   United States Cash Management Bill(a)   0.0000 09/27/22 3,000,128  
            8,003,209  
  TOTAL U.S. GOVERNMENT & AGENCIES (Cost $8,002,290)     8,003,209  
             
Shares              
    SHORT-TERM INVESTMENTS — 15.8%      
    MONEY MARKET FUNDS - 15.8%      
763,463     Fidelity Government Portfolio, Class I, 1.21%(b)       763,463  
763,463     First American Government Obligations Fund, Class Z, 1.23%(b)       763,463  
    TOTAL MONEY MARKET FUNDS (Cost $1,526,926)   1,526,926  
               
    TOTAL SHORT-TERM INVESTMENTS (Cost $1,526,926)   1,526,926  
         
    TOTAL INVESTMENTS - 98.4% (Cost $9,529,216)     $   9,530,135  
    OTHER ASSETS IN EXCESS OF LIABILITIES- 1.6%     152,179  
    NET ASSETS - 100.0%         $   9,682,314  
           
               
 

 

 

 

 

 

 

 

(a) Zero coupon bond.
(b) Rate disclosed is the seven-day effective yield as of June 30, 2022.

 

 

 

 

 

 

 

 

 
 

 

SPECTRUM UNCONSTRAINED FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2022
 
Shares             Fair Value
    OPEN END FUNDS — 0.1%      
    FIXED INCOME - 0.1%      
651   Nuveen High Yield Municipal Bond Fund, Class I       $ 10,006
             
    TOTAL OPEN END FUNDS (Cost $11,857)    

  10,006

               
    SHORT-TERM INVESTMENTS — 96.3%      
    MONEY MARKET FUNDS - 96.3%      
3,436,244   Fidelity Government Portfolio, Class I, 1.21%(a)         3,436,244
3,436,245   First American Government Obligations Fund, Class Z, 1.23%(a)         3,436,245
    TOTAL MONEY MARKET FUNDS (Cost $6,872,489)  

6,872,489

               
    TOTAL SHORT-TERM INVESTMENTS (Cost $6,872,489)  

6,872,489

         
    TOTAL INVESTMENTS - 96.4% (Cost $6,884,346)     $ 6,882,495
    OTHER ASSETS IN EXCESS OF LIABILITIES- 3.6%    

253,866

    NET ASSETS - 100.0%        

$ 7,136,361

           
 

 

 

(a) Rate disclosed is the seven day effective yield as of June 30, 2022.

 

TOTAL RETURN SWAPS

Number of

Shares

 Reference Entity*

Notional Amount

at June 30, 2022

  Interest Rate Payable (1) Termination Date Counterparty

Unrealized Appreciation 

(Depreciation)
Long position:        
 33,300 VanEck High Yield Muni ETF  $                       1,793,205  O/N USD SOFR plus 35 bp  6/22/2023  BRC  $                  28,371   
                                  
           Total:     $                  28,371  
             
 

     BRC - Barclays Capital 

     LIBOR - London Interbank Offered Rate

     O/N - Overnight, Daily Fixings

(1) Interest rate is based upon predetermined notional amounts, which may be a multiple of the number of shares plus a specific spread.