BEECH HILL TOTAL RETURN FUND
SCHEDULE OF INVESTMENTS (Unaudited)
September 30, 2022
 
Shares             Fair Value
    COMMON STOCKS — 86.6%      
    BANKING - 2.0%      
2,715   JPMorgan Chase & Company       $ 283,718
             
 
    BEVERAGES - 2.4%      
6,000   Coca-Cola Company (The)         336,120
             
 
    BIOTECH & PHARMA - 10.5%      
2,500   AbbVie, Inc.         335,525
2,580   Johnson & Johnson         421,469
5,000   Merck & Company, Inc.         430,600
7,000   Pfizer, Inc.         306,320
             

1,493,914

    DATA CENTER REIT - 2.6%      
3,780   Digital Realty Trust, Inc.         374,900
             
 
    DIVERSIFIED INDUSTRIALS - 2.1%      
2,245   Eaton Corp plc         299,393
             
 
    E-COMMERCE DISCRETIONARY - 3.2%      
4,000   Amazon.com, Inc.(a)         452,000
             
 
    ENTERTAINMENT CONTENT - 2.6%      
3,895   Walt Disney Company (The)(a)         367,415
             
 
    GAMING REITS - 2.5%      
12,000   VICI Properties, Inc.         358,200
             
 
    HEALTH CARE FACILITIES & SERVICES - 1.7%      
505   Humana, Inc.         245,021
             
 
    HOUSEHOLD PRODUCTS - 1.8%      
2,000   Procter & Gamble Company (The)         252,500
             
 
 
 

 

BEECH HILL TOTAL RETURN FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
September 30, 2022
 
Shares             Fair Value
    COMMON STOCKS — 86.6% (Continued)      
    INFRASTRUCTURE REIT - 2.3%      
1,500   American Tower Corporation       $ 322,050
             
 
    INTERNET MEDIA & SERVICES - 9.0%      
1,230   Airbnb, Inc., Class A(a)         129,199
4,000   Alphabet, Inc., Class A(a)         382,600
1,860   Expedia Group, Inc.(a)         174,263
1,750   Meta Platforms, Inc., Class A(a)         237,440
715   Netflix, Inc.(a)         168,340
7,000   Uber Technologies, Inc.(a)         185,500
             

1,277,342

    LEISURE FACILITIES & SERVICES - 6.0%      
1,500   McDonald's Corporation         346,110
6,150   Starbucks Corporation         518,199
             

864,309

    MACHINERY - 2.1%      
1,790   Caterpillar, Inc.         293,703
             
 
    MEDICAL EQUIPMENT & DEVICES - 2.3%      
6,920   Exact Sciences Corporation(a)         224,831
500   Illumina, Inc.(a)         95,395
             

320,226

    RENEWABLE ENERGY - 2.1%      
2,300   First Solar, Inc.(a)         300,253
             
 
    RETAIL - CONSUMER STAPLES - 1.8%      
1,955   Walmart, Inc.         253,564
             
 
    RETAIL - DISCRETIONARY - 4.1%      
1,190   Home Depot, Inc. (The)         328,369
4,000   TJX Companies, Inc. (The)         248,480
             

576,849

    SEMICONDUCTORS - 8.3%      
3,750   Applied Materials, Inc.         307,238
1,100   Broadcom, Inc.         488,410
 
 

 

BEECH HILL TOTAL RETURN FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
September 30, 2022
 
Shares             Fair Value
    COMMON STOCKS — 86.6% (Continued)      
    SEMICONDUCTORS - 8.3% (Continued)      
3,425   QUALCOMM, Inc.       $ 386,956
             

1,182,604

    SOFTWARE - 3.7%      
1,350   Microsoft Corporation         314,415
1,480   Salesforce, Inc.(a)         212,883
             

527,298

    TECHNOLOGY HARDWARE - 5.5%      
3,510   Apple, Inc.         485,082
9,750   Corning, Inc.         282,945
             

768,027

    TECHNOLOGY SERVICES - 3.1%      
3,500   PayPal Holdings, Inc.(a)         301,245
800   Visa, Inc., Class A         142,120
             

443,365

    TRANSPORTATION & LOGISTICS - 2.9%      
3,280   Southwest Airlines Company(a)         101,155
1,925   United Parcel Service, Inc., Class B         310,965
             

412,120

    TRANSPORTATION EQUIPMENT - 2.0%      
1,410   Cummins, Inc.         286,949
             
 
               
    TOTAL COMMON STOCKS (Cost $11,123,326)    

  12,291,840

               
    TOTAL INVESTMENTS - 86.6% (Cost $11,123,326)     $ 12,291,840
    OTHER ASSETS IN EXCESS OF LIABILITIES- 13.4%    

1,897,815

    NET ASSETS - 100.0%        

$ 14,189,655

           
               
 

 

 

 

 

(a) Non-income producing security.