Port Street Quality Growth Fund
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 58.7%
  
Shares
    
Value
 
Communication Services - 9.7%
        
Alphabet, Inc. - Class A
    
52,038
    
$
9,170,657
  
Walt Disney Co.
    
70,635
      
8,759,446
  
             
17,930,103
  
                 
Consumer Discretionary - 3.5%
          
Home Depot, Inc.
    
8,306
      
3,045,312
  
Starbucks Corp.
    
38,200
      
3,500,266
  
             
6,545,578
  
                 
Consumer Staples - 8.0%
          
Diageo plc - ADR
    
24,293
      
2,449,706
  
PepsiCo, Inc.
    
13,354
      
1,763,262
  
Procter & Gamble Co.
    
15,700
      
2,501,324
  
Unilever plc - ADR
    
132,705
      
8,117,565
  
             
14,831,857
  
                 
Financials - 5.9%
          
Berkshire Hathaway, Inc. - Class B (a)
    
16,889
      
8,204,169
  
Visa, Inc. - Class A
    
7,733
      
2,745,602
  
             
10,949,771
  
                 
Health Care - 13.6%
          
Eli Lilly & Co.
    
2,774
      
2,162,416
  
Johnson & Johnson
    
29,900
      
4,567,225
  
Medtronic plc
    
83,200
      
7,252,544
  
Novo Nordisk - ADR
    
87,391
      
6,031,727
  
Roche Holding AG - ADR
    
130,352
      
5,313,148
  
             
25,327,060
  
                 
Industrials - 6.0%
          
C.H. Robinson Worldwide, Inc.
    
40,000
      
3,838,000
  
General Dynamics Corp.
    
15,006
      
4,376,650
  
RTX Corp.
    
19,876
      
2,902,293
  
             
11,116,943
  
                 
Information Technology - 12.0%
          
Accenture PLC - Class A
    
11,262
      
3,366,099
  
ASML Holding NV
    
4,809
      
3,853,884
  
Microsoft Corp.
    
21,738
      
10,812,699
  
Oracle Corp.
    
19,133
      
4,183,048
  
             
22,215,730
  
TOTAL COMMON STOCKS (Cost $66,071,931)
      
108,917,042
  
                 
SHORT-TERM INVESTMENTS - 38.6%
          
Value
 
U.S. Treasury Bills - 38.6%
  
Par
          
4.24%, 07/24/2025 (b)
    
25,000,000
      
24,933,515
  
4.30%, 08/21/2025 (b)
    
23,000,000
      
22,860,071
  
4.25%, 09/30/2025 (b)
    
24,000,000
      
23,745,352
  
TOTAL SHORT-TERM INVESTMENTS (Cost $71,539,294)
      
71,538,938
  
                 
TOTAL INVESTMENTS - 97.3% (Cost $137,611,225)
      
180,455,980
  
Other Assets in Excess of Liabilities - 2.7%
      
4,913,481
  
TOTAL NET ASSETS - 100.0%
          
$
185,369,461
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%
   
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
  

ADR - American Depositary Receipt
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
The rate shown is the annualized effective yield as of June 30, 2025.
   

Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
 
Port Street Quality Growth Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of June 30, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
    
108,917,042
      
–
      
–
      
108,917,042
  
  U.S. Treasury Bills
    
–
      
71,538,938
      
–
      
71,538,938
  
Total Investments
    
108,917,042
      
71,538,938
      
–
      
180,455,980
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.