| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS | ||
| June 30, 2025 (Unaudited) | ||
| COMMON STOCKS - 91.7% | Shares | Value |
| Communications - 7.4% | ||
| Alphabet, Inc. - Class A | 5,700 | $ 1,004,511 |
| Alphabet, Inc. - Class C | 13,340 | 2,366,383 |
| Booking Holdings, Inc. | 250 | 1,447,310 |
| Meta Platforms, Inc. - Class A | 3,200 | 2,361,888 |
| Uber Technologies, Inc. (a) | 4,000 | 373,200 |
| 7,553,292 | ||
| Consumer Discretionary - 7.0% | ||
| Amazon.com, Inc. (a) | 12,000 | 2,632,680 |
| Coupang, Inc. (a) | 8,000 | 239,680 |
| Home Depot, Inc. (The) | 3,000 | 1,099,920 |
| Lowe's Companies, Inc. | 2,500 | 554,675 |
| McDonald's Corporation | 5,000 | 1,460,850 |
| NVR, Inc. (a) | 40 | 295,426 |
| Tesla, Inc. (a) | 1,700 | 540,022 |
| Tractor Supply Company | 5,000 | 263,850 |
| 7,087,103 | ||
| Consumer Staples - 3.7% | ||
| Coca-Cola Company (The) | 3,500 | 247,625 |
| Costco Wholesale Corporation | 200 | 197,988 |
| Procter & Gamble Company (The) | 4,000 | 637,280 |
| Walmart, Inc. | 27,500 | 2,688,950 |
| 3,771,843 | ||
| Energy - 3.0% | ||
| Cheniere Energy, Inc. | 4,000 | 974,080 |
| Kinder Morgan, Inc. | 20,000 | 588,000 |
| ONEOK, Inc. | 9,250 | 755,077 |
| Phillips 66 | 6,400 | 763,520 |
| 3,080,677 | ||
| Financials - 15.0% | ||
| Aflac, Inc. | 14,000 | 1,476,440 |
| Apollo Global Management, Inc. | 2,000 | 283,740 |
| Arch Capital Group Ltd. | 3,000 | 273,150 |
| Ares Management Corporation - Class A | 5,500 | 952,600 |
| Bank of New York Mellon Corporation (The) | 4,000 | 364,440 |
| Berkshire Hathaway, Inc. - Class B (a) | 1,600 | 777,232 |
| Blackstone, Inc. | 10,000 | 1,495,800 |
| Brookfield Corporation | 27,000 | 1,669,950 |
| CME Group, Inc. | 3,500 | 964,670 |
| Goldman Sachs Group, Inc. (The) | 700 | 495,425 |
| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| COMMON STOCKS - 91.7% (Continued) | Shares | Value |
| Financials - 15.0% (Continued) | ||
| Intercontinental Exchange, Inc. | 1,500 | $ 275,205 |
| JPMorgan Chase & Company | 19,500 | 5,653,245 |
| Marsh & McLennan Companies, Inc. | 2,500 | 546,600 |
| 15,228,497 | ||
| Health Care - 6.7% | ||
| Abbott Laboratories | 9,500 | 1,292,095 |
| AbbVie, Inc. | 11,500 | 2,134,630 |
| Bio-Techne Corporation | 21,000 | 1,080,450 |
| CRISPR Therapeutics AG (a) | 4,000 | 194,560 |
| Eli Lilly & Company | 800 | 623,624 |
| GE HealthCare Technologies, Inc. | 6,500 | 481,455 |
| Thermo Fisher Scientific, Inc. | 900 | 364,914 |
| Vertex Pharmaceuticals, Inc. (a) | 1,400 | 623,280 |
| 6,795,008 | ||
| Industrials - 12.0% | ||
| AeroVironment, Inc. (a) | 600 | 170,970 |
| Eaton Corporation plc | 2,100 | 749,679 |
| Emerson Electric Company | 4,500 | 599,985 |
| General Dynamics Corporation | 3,700 | 1,079,142 |
| General Electric Company | 4,000 | 1,029,560 |
| Honeywell International, Inc. | 6,000 | 1,397,280 |
| Lockheed Martin Corporation | 2,500 | 1,157,850 |
| Parker-Hannifin Corporation | 1,300 | 908,011 |
| Quanta Services, Inc. | 4,000 | 1,512,320 |
| RTX Corporation | 14,000 | 2,044,280 |
| TE Connectivity plc | 9,000 | 1,518,030 |
| 12,167,107 | ||
| Materials - 2.1% | ||
| Cameco Corporation | 4,000 | 296,920 |
| Freeport-McMoRan, Inc. | 25,000 | 1,083,750 |
| Linde plc | 1,000 | 469,180 |
| Nucor Corporation | 1,000 | 129,540 |
| Sherwin-Williams Company (The) | 350 | 120,176 |
| 2,099,566 | ||
| Real Estate - 1.6% | ||
| Digital Realty Trust, Inc. | 1,750 | 305,078 |
| Mid-America Apartment Communities, Inc. | 9,000 | 1,332,090 |
| 1,637,168 | ||
| Technology - 31.6% | ||
| Accenture plc - Class A | 3,500 | 1,046,115 |
| Apple, Inc. | 11,700 | 2,400,489 |
| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| COMMON STOCKS - 91.7% (Continued) | Shares | Value |
| Technology - 31.6% (Continued) | ||
| ARM Holdings plc - ADR (a) | 2,200 | $ 355,828 |
| ASML Holding N.V. | 1,000 | 801,390 |
| Broadcom, Inc. | 1,000 | 275,650 |
| International Business Machines Corporation | 2,100 | 619,038 |
| Mastercard, Inc. - Class A | 2,000 | 1,123,880 |
| Microsoft Corporation | 8,500 | 4,227,985 |
| NVIDIA Corporation | 102,500 | 16,193,975 |
| Oracle Corporation | 3,100 | 677,753 |
| Palantir Technologies, Inc. - Class A (a) | 5,000 | 681,600 |
| Palo Alto Networks, Inc. (a) | 1,500 | 306,960 |
| QUALCOMM, Inc. | 3,000 | 477,780 |
| Texas Instruments, Inc. | 5,200 | 1,079,624 |
| Visa, Inc. - Class A | 5,000 | 1,775,250 |
| 32,043,317 | ||
| Utilities - 1.6% | ||
| Constellation Energy Corporation | 1,400 | 451,864 |
| WEC Energy Group, Inc. | 11,000 | 1,146,200 |
| 1,598,064 | ||
| Total Common Stocks (Cost $28,840,769) | $ 93,061,642 | |
| EXCHANGE-TRADED FUNDS - 5.4% | Shares | Value |
| Horizon Kinetics Inflation Beneficiaries ETF | 25,000 | $ 1,054,250 |
| Invesco S&P 500® Equal Weight ETF | 12,000 | 2,180,880 |
| Roundhill Ball Metaverse ETF (a) | 130,000 | 2,213,900 |
| Total Exchange-Traded Funds (Cost $4,935,014) | $ 5,449,030 | |
| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| MONEY MARKET FUNDS - 4.3% | Shares | Value |
| Fidelity Institutional Money Market Government Portfolio - Class I, 4.23% (b) (Cost $4,412,337) | 4,412,337 | $ 4,412,337 |
| Total Investments at Value - 101.4% (Cost $38,188,120) | $ 102,923,009 | |
| Liabilities in Excess of Other Assets - (1.4%) | (1,448,623 ) | |
| Net Assets - 100.0% | $ 101,474,386 | |
| ADR | - American Depositary Receipt. |
| (a) | Non-income producing security. |
| (b) | The rate shown is the 7-day effective yield as of June 30, 2025. |
| THE GOVERNMENT STREET OPPORTUNITIES FUND | |||
| SCHEDULE OF INVESTMENTS | |||
| June 30, 2025 (Unaudited) | |||
| COMMON STOCKS - 85.6% | Shares | Value | |
| Communications - 0.4% | |||
| AT&T, Inc. | 10,000 | $ 289,400 | |
| Consumer Discretionary - 3.3% | |||
| Coupang, Inc. (a) | 10,000 | 299,600 | |
| Dick's Sporting Goods, Inc. | 1,700 | 336,277 | |
| Gildan Activewear, Inc. | 10,000 | 492,400 | |
| NVR, Inc. (a) | 15 | 110,785 | |
| Service Corporation International | 13,000 | 1,058,200 | |
| Toll Brothers, Inc. | 3,000 | 342,390 | |
| 2,639,652 | |||
| Consumer Staples - 2.1% | |||
| Celsius Holdings, Inc. (a) | 8,000 | 371,120 | |
| Church & Dwight Company, Inc. | 9,000 | 864,990 | |
| Kenvue, Inc. | 5,000 | 104,650 | |
| Kroger Company (The) | 5,600 | 401,688 | |
| 1,742,448 | |||
| Energy - 2.9% | |||
| Cheniere Energy, Inc. | 250 | 60,880 | |
| ConocoPhillips | 6,375 | 572,092 | |
| Devon Energy Corporation | 10,000 | 318,100 | |
| Kinder Morgan, Inc. | 10,000 | 294,000 | |
| ONEOK, Inc. | 5,725 | 467,332 | |
| Targa Resources Corporation | 3,700 | 644,096 | |
| 2,356,500 | |||
| Financials - 21.8% | |||
| American Financial Group, Inc. | 8,000 | 1,009,680 | |
| Ares Management Corporation - Class A | 7,200 | 1,247,040 | |
| Arthur J. Gallagher & Company | 8,000 | 2,560,960 | |
| Berkley (W.R.) Corporation | 25,143 | 1,847,256 | |
| Brown & Brown, Inc. | 20,000 | 2,217,400 | |
| CME Group, Inc. | 6,000 | 1,653,720 | |
| Dave, Inc. (a) | 2,000 | 536,820 | |
| Intercontinental Exchange, Inc. | 9,000 | 1,651,230 | |
| Morgan Stanley | 9,565 | 1,347,326 | |
| Nasdaq, Inc. | 23,000 | 2,056,660 | |
| Old Republic International Corporation | 26,400 | 1,014,816 | |
| United Bancorporation of Alabama, Inc. - Class A | 1,000 | 52,770 | |
| Voya Financial, Inc. | 6,000 | 426,000 | |
| 17,621,678 | |||
| THE GOVERNMENT STREET OPPORTUNITIES FUND | |||
| SCHEDULE OF INVESTMENTS (Continued) | |||
| COMMON STOCKS - 85.6% (Continued) | Shares | Value | |
| Health Care - 7.4% | |||
| Bio-Rad Laboratories, Inc. - Class A (a) | 1,000 | $ 241,320 | |
| Bio-Techne Corporation | 15,000 | 771,750 | |
| Centene Corporation (a) | 5,000 | 271,400 | |
| Charles River Laboratories International, Inc. (a) | 3,000 | 455,190 | |
| Chemed Corporation | 2,000 | 973,860 | |
| GE HealthCare Technologies, Inc. | 5,000 | 370,350 | |
| Illumina, Inc. (a) | 3,000 | 286,230 | |
| Labcorp Holdings, Inc. | 3,000 | 787,530 | |
| Penumbra, Inc. (a) | 1,500 | 384,945 | |
| ResMed, Inc. | 1,200 | 309,600 | |
| Teleflex, Inc. | 3,950 | 467,522 | |
| Waters Corporation (a) | 2,000 | 698,080 | |
| 6,017,777 | |||
| Industrials - 16.2% | |||
| AeroVironment, Inc. (a) | 2,000 | 569,900 | |
| Argan, Inc. | 3,750 | 826,800 | |
| Donaldson Company, Inc. | 13,000 | 901,550 | |
| Expeditors International of Washington, Inc. | 8,000 | 914,000 | |
| Fastenal Company | 36,000 | 1,512,000 | |
| Generac Holdings, Inc. (a) | 2,800 | 400,988 | |
| Graco, Inc. | 13,000 | 1,117,610 | |
| Jacobs Solutions, Inc. | 8,475 | 1,114,039 | |
| L3Harris Technologies, Inc. | 5,250 | 1,316,910 | |
| MasTec, Inc. (a) | 3,000 | 511,290 | |
| MSC Industrial Direct Company, Inc. - Class A | 5,000 | 425,100 | |
| Pentair plc | 3,200 | 328,512 | |
| Waste Connections, Inc. | 10,500 | 1,960,560 | |
| Woodward, Inc. | 5,000 | 1,225,450 | |
| 13,124,709 | |||
| Materials - 6.8% | |||
| ATI, Inc. (a) | 2,200 | 189,948 | |
| Cameco Corporation | 5,000 | 371,150 | |
| Martin Marietta Materials, Inc. | 3,000 | 1,646,880 | |
| Packaging Corporation of America | 6,000 | 1,130,700 | |
| Ramaco Resources, Inc. - Class B | 99 | 809 | |
| Steel Dynamics, Inc. | 14,000 | 1,792,140 | |
| Valvoline, Inc. (a) | 10,236 | 387,637 | |
| 5,519,264 | |||
| Real Estate - 2.9% | |||
| Digital Realty Trust, Inc. | 2,000 | 348,660 | |
|
THE GOVERNMENT STREET OPPORTUNITIES FUND |
||||
| SCHEDULE OF INVESTMENTS (Continued) | ||||
| COMMON STOCKS - 85.6% (Continued) | Shares | Value | ||
| Real Estate - 2.9% (Continued) | ||||
| Mid-America Apartment Communities, Inc. | 13,300 | $ 1,968,533 | ||
| 2,317,193 | ||||
| Technology - 20.9% | ||||
| Advanced Micro Devices, Inc. (a) | 1,964 | 278,692 | ||
| Amentum Holdings, Inc. (a) | 12,991 | 306,708 | ||
| Analog Devices, Inc. | 3,671 | 873,771 | ||
| ANSYS, Inc. (a) | 3,000 | 1,053,660 | ||
| Arrow Electronics, Inc. (a) | 8,500 | 1,083,155 | ||
| Broadridge Financial Solutions, Inc. | 3,500 | 850,605 | ||
| InterDigital, Inc. | 1,400 | 313,922 | ||
| Lam Research Corporation | 11,750 | 1,143,745 | ||
| Nebius Group N.V. - Class A (a) | 8,000 | 442,640 | ||
| NVIDIA Corporation | 59,500 | 9,400,405 | ||
| Palantir Technologies, Inc. - Class A (a) | 8,000 | 1,090,560 | ||
| Rigetti Computing, Inc. (a) | 4,000 | 47,440 | ||
| 16,885,303 | ||||
| Utilities - 0.9% | ||||
| Constellation Energy Corporation | 1,500 | 484,140 | ||
| NextEra Energy, Inc. | 2,000 | 138,840 | ||
| NRG Energy, Inc. | 800 | 128,464 | ||
| 751,444 | ||||
| Total Common Stocks (Cost $19,098,314) | $ 69,265,368 | |||
| EXCHANGE-TRADED FUNDS - 8.7% | Shares | Value | ||
| iShares Core S&P Mid-Cap ETF | 50,000 | $ 3,101,000 | ||
| SPDR S&P MidCap 400® ETF Trust | 7,000 | 3,965,360 | ||
| Total Exchange-Traded Funds (Cost $6,125,318) | $ 7,066,360 | |||
| THE GOVERNMENT STREET OPPORTUNITIES FUND | ||||
| SCHEDULE OF INVESTMENTS (Continued) | ||||
| MONEY MARKET FUNDS - 7.7% | Shares | Value | ||
| Fidelity Institutional Money Market Government Portfolio - Class I, 4.23% (b) (Cost $6,209,414) |
6,209,414 | $ 6,209,414 | ||
| Total Investments at Value - 102.0% (Cost $31,433,046) | $ 82,541,142 | |||
| Liabilities in Excess of Other Assets - (2.0%) | (1,647,967 ) | |||
| Net Assets - 100.0% | $ 80,893,175 | |||
| (a) | Non-income producing security. |
| (b) | The rate shown is the 7-day effective yield as of June 30, 2025. |