CCM Affordable Housing MBS ETF
Schedule of Investments March 31, 2026 (Unaudited)
Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES - 95.79% | ||||||||
| Agency Mortgage-Backed Obligations - 95.79% | ||||||||
| FHLMC - 30.74% | ||||||||
| 7.00%, 11/01/2053 | $ | 140,526 | $ | 147,756 | ||||
| 6.50%, 11/01/2053 | 246,060 | 255,788 | ||||||
| 6.50%, 12/01/2053 | 165,466 | 171,645 | ||||||
| 6.50%, 03/01/2055 | 79,859 | 82,693 | ||||||
| 6.50%, 06/01/2055 | 618,292 | 640,629 | ||||||
| 6.50%, 07/01/2055 | 174,655 | 181,954 | ||||||
| 6.00%, 11/01/2052 | 199,870 | 204,715 | ||||||
| 6.00%, 01/01/2053 | 76,646 | 78,616 | ||||||
| 6.00%, 02/01/2053 | 40,251 | 41,286 | ||||||
| 6.00%, 04/01/2053 | 45,075 | 45,976 | ||||||
| 6.00%, 06/01/2053 | 72,677 | 74,268 | ||||||
| 6.00%, 11/01/2053 | 229,349 | 234,251 | ||||||
| 6.00%, 12/01/2053 | 84,919 | 86,737 | ||||||
| 6.00%, 08/01/2054 | 67,297 | 68,869 | ||||||
| 6.00%, 03/01/2055 | 557,564 | 569,035 | ||||||
| 6.00%, 03/01/2055 | 208,840 | 214,941 | ||||||
| 6.00%, 05/01/2055 | 595,085 | 609,933 | ||||||
| 6.00%, 06/01/2055 | 334,542 | 345,023 | ||||||
| 6.00%, 02/01/2056 | 339,619 | 346,896 | ||||||
| 5.50%, 11/01/2052 | 62,095 | 63,108 | ||||||
| 5.50%, 01/01/2053 | 115,115 | 116,837 | ||||||
| 5.50%, 03/01/2053 | 113,888 | 114,696 | ||||||
| 5.50%, 05/01/2053 | 148,510 | 149,982 | ||||||
| 5.50%, 06/01/2053 | 106,323 | 107,660 | ||||||
| 5.50%, 09/01/2053 | 165,481 | 167,353 | ||||||
| 5.50%, 11/01/2053 | 254,209 | 256,262 | ||||||
| 5.50%, 12/01/2054 | 213,508 | 214,762 | ||||||
| 5.50%, 01/01/2055 | 550,951 | 556,416 | ||||||
| 5.50%, 02/01/2055 | 493,196 | 499,833 | ||||||
| 5.50%, 03/01/2055 | 224,701 | 227,895 | ||||||
| 5.50%, 03/01/2055 | 92,109 | 92,682 | ||||||
| 5.50%, 05/01/2055 | 448,285 | 452,463 | ||||||
| 5.50%, 06/01/2055 | 73,939 | 74,828 | ||||||
| 5.50%, 07/01/2055 | 204,730 | 206,818 | ||||||
| 5.50%, 11/01/2055 | 129,461 | 130,269 | ||||||
| 5.50%, 12/01/2055 | 492,066 | 494,886 | ||||||
| 5.50%, 02/01/2056 | 278,143 | 279,878 | ||||||
| 5.50%, 03/01/2056 | 800,008 | 805,065 | ||||||
| 5.00%, 02/01/2053 | 179,356 | 178,089 | ||||||
| 5.00%, 04/01/2053 | 166,053 | 164,740 | ||||||
| 5.00%, 04/01/2053 | 79,725 | 79,270 | ||||||
| 5.00%, 05/01/2053 | 241,755 | 239,631 | ||||||
| 5.00%, 09/01/2053 | 80,094 | 79,487 | ||||||
| 5.00%, 09/01/2054 | 78,826 | 77,934 | ||||||
| 5.00%, 05/01/2055 | 595,387 | 590,344 | ||||||
| 5.00%, 06/01/2055 | 407,273 | 404,626 | ||||||
| 5.00%, 07/01/2055 | 289,807 | 286,681 | ||||||
| 5.00%, 11/01/2055 | 306,886 | 302,883 | ||||||
| 5.00%, 12/01/2055 | 287,442 | 283,693 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments March 31, 2026 (Unaudited)
Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES — continued | ||||||||
| 5.00%, 02/01/2056 | $ | 353,292 | $ | 348,683 | ||||
| 5.00%, 03/01/2056 | 280,514 | 276,845 | ||||||
| 4.50%, 04/01/2053 | 86,446 | 83,621 | ||||||
| 4.50%, 05/01/2053 | 104,037 | 100,816 | ||||||
| 4.50%, 11/01/2054 | 230,809 | 222,835 | ||||||
| 4.50%, 02/01/2056 | 357,456 | 345,033 | ||||||
| 4.50%, 03/01/2056 | 404,050 | 389,958 | ||||||
| 4.00%, 05/01/2052 | 93,178 | 88,762 | ||||||
| 4.00%, 09/01/2052 | 146,415 | 139,253 | ||||||
| 4.00%, 11/01/2052 | 128,014 | 121,649 | ||||||
| 3.50%, 04/01/2052 | 585,636 | 538,942 | ||||||
| 3.50%, 04/01/2052 | 45,066 | 41,714 | ||||||
| 3.50%, 05/01/2052 | 409,085 | 376,468 | ||||||
| 3.50%, 05/01/2052 | 731,353 | 671,503 | ||||||
| 3.00%, 03/01/2052 | 111,053 | 98,188 | ||||||
| 3.00%, 04/01/2052 | 306,701 | 272,009 | ||||||
| 3.00%, 04/01/2052 | 311,056 | 276,581 | ||||||
| 3.00%, 04/01/2052 | 164,177 | 145,490 | ||||||
| 3.00%, 05/01/2052 | 106,542 | 94,828 | ||||||
| 3.00%, 08/01/2052 | 5,405,292 | 4,773,353 | ||||||
| 2.50%, 08/01/2051 | 1,496,016 | 1,275,316 | ||||||
| 2.50%, 09/01/2051 | 680,769 | 577,446 | ||||||
| 2.50%, 10/01/2051 | 58,816 | 50,318 | ||||||
| 2.50%, 10/01/2051 | 379,171 | 324,498 | ||||||
| 2.50%, 11/01/2051 | 479,783 | 409,023 | ||||||
| 2.50%, 12/01/2051 | 554,011 | 472,304 | ||||||
| 2.50%, 02/01/2052 | 124,766 | 106,174 | ||||||
| 2.00%, 08/01/2051 | 1,319,756 | 1,073,929 | ||||||
| 2.00%, 09/01/2051 | 2,111,726 | 1,711,278 | ||||||
| 2.00%, 10/01/2051 | 1,127,400 | 920,051 | ||||||
| 2.00%, 10/01/2051 | 416,434 | 340,769 | ||||||
| 2.00%, 11/01/2051 | 460,520 | 375,500 | ||||||
| 2.00%, 12/01/2051 | 326,004 | 266,920 | ||||||
| 2.00%, 01/01/2052 | 1,823,376 | 1,475,954 | ||||||
| FNMA - 64.05% | ||||||||
| 7.50%, 12/01/2053 | 102,699 | 109,869 | ||||||
| 7.00%, 11/01/2053 | 29,976 | 31,619 | ||||||
| 7.00%, 01/01/2054 | 197,593 | 209,561 | ||||||
| 7.00%, 02/01/2054 | 45,119 | 47,450 | ||||||
| 7.00%, 05/01/2054 | 91,753 | 96,928 | ||||||
| 6.50%, 10/01/2053 | 27,268 | 28,270 | ||||||
| 6.50%, 11/01/2053 | 461,095 | 479,460 | ||||||
| 6.50%, 12/01/2053 | 528,544 | 550,171 | ||||||
| 6.50%, 05/01/2054 | 108,740 | 112,668 | ||||||
| 6.50%, 06/01/2054 | 292,352 | 302,911 | ||||||
| 6.50%, 09/01/2054 | 75,359 | 78,205 | ||||||
| 6.50%, 09/01/2055 | 58,947 | 61,329 | ||||||
| 6.00%, 11/01/2052 | 84,834 | 86,671 | ||||||
| 6.00%, 02/01/2053 | 66,025 | 67,458 | ||||||
| 6.00%, 06/01/2053 | 54,394 | 55,540 | ||||||
| 6.00%, 09/01/2053 | 157,884 | 161,310 | ||||||
| 6.00%, 10/01/2053 | 136,034 | 139,235 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments March 31, 2026 (Unaudited)
Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES — continued | ||||||||
| 6.00%, 11/01/2053 | $ | 462,221 | $ | 473,096 | ||||
| 6.00%, 12/01/2053 | 272,212 | 279,652 | ||||||
| 6.00%, 01/01/2054 | 764,205 | 782,184 | ||||||
| 6.00%, 03/01/2054 | 157,711 | 161,379 | ||||||
| 6.00%, 05/01/2054 | 261,855 | 267,115 | ||||||
| 6.00%, 05/01/2054 | 220,867 | 226,836 | ||||||
| 6.00%, 07/01/2054 | 250,384 | 258,434 | ||||||
| 6.00%, 08/01/2054 | 148,231 | 151,728 | ||||||
| 6.00%, 09/01/2054 | 346,470 | 353,433 | ||||||
| 6.00%, 10/01/2054 | 456,122 | 466,778 | ||||||
| 6.00%, 01/01/2055 | 681,928 | 697,789 | ||||||
| 6.00%, 02/01/2055 | 683,326 | 701,483 | ||||||
| 6.00%, 03/01/2055 | 203,965 | 208,701 | ||||||
| 6.00%, 03/01/2055 | 552,474 | 566,318 | ||||||
| 6.00%, 04/01/2055 | 245,933 | 251,202 | ||||||
| 6.00%, 05/01/2055 | 131,486 | 134,959 | ||||||
| 6.00%, 06/01/2055 | 280,250 | 288,479 | ||||||
| 6.00%, 11/01/2055 | 144,946 | 148,091 | ||||||
| 6.00%, 02/01/2056 | 387,133 | 395,397 | ||||||
| 6.00%, 03/01/2056 | 490,402 | 501,103 | ||||||
| 5.50%, 04/01/2053 | 76,765 | 77,777 | ||||||
| 5.50%, 06/01/2053 | 86,541 | 87,487 | ||||||
| 5.50%, 09/01/2053 | 341,163 | 345,895 | ||||||
| 5.50%, 10/01/2053 | 622,625 | 628,796 | ||||||
| 5.50%, 11/01/2053 | 555,851 | 562,314 | ||||||
| 5.50%, 12/01/2053 | 571,569 | 578,214 | ||||||
| 5.50%, 04/01/2054 | 208,726 | 210,217 | ||||||
| 5.50%, 05/01/2054 | 318,638 | 321,276 | ||||||
| 5.50%, 06/01/2054 | 192,217 | 194,260 | ||||||
| 5.50%, 08/01/2054 | 80,382 | 81,116 | ||||||
| 5.50%, 09/01/2054 | 359,615 | 363,654 | ||||||
| 5.50%, 10/01/2054 | 223,534 | 225,751 | ||||||
| 5.50%, 01/01/2055 | 568,282 | 575,075 | ||||||
| 5.50%, 01/01/2055 | 434,399 | 439,592 | ||||||
| 5.50%, 02/01/2055 | 241,822 | 244,539 | ||||||
| 5.50%, 03/01/2055 | 455,231 | 459,092 | ||||||
| 5.50%, 03/01/2055 | 110,140 | 110,771 | ||||||
| 5.50%, 05/01/2055 | 679,078 | 687,239 | ||||||
| 5.50%, 06/01/2055 | 146,835 | 148,353 | ||||||
| 5.50%, 09/01/2055 | 88,785 | 89,868 | ||||||
| 5.50%, 11/01/2055 | 185,455 | 186,611 | ||||||
| 5.50%, 02/01/2056 | 943,457 | 949,039 | ||||||
| 5.50%, 03/01/2056 | 169,600 | 170,618 | ||||||
| 5.00%, 12/01/2052 | 150,616 | 149,904 | ||||||
| 5.00%, 12/01/2052 | 408,835 | 406,523 | ||||||
| 5.00%, 02/01/2053 | 164,520 | 162,914 | ||||||
| 5.00%, 05/01/2053 | 75,287 | 74,616 | ||||||
| 5.00%, 06/01/2053 | 83,657 | 82,760 | ||||||
| 5.00%, 10/01/2053 | 396,286 | 393,097 | ||||||
| 5.00%, 11/01/2053 | 859,806 | 852,888 | ||||||
| 5.00%, 12/01/2053 | 2,245,129 | 2,227,065 | ||||||
| 5.00%, 05/01/2054 | 87,617 | 86,599 | ||||||
| 5.00%, 09/01/2054 | 105,382 | 104,065 | ||||||
| 5.00%, 10/01/2054 | 111,610 | 110,191 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments March 31, 2026 (Unaudited)
Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES — continued | ||||||||
| 5.00%, 12/01/2054 | $ | 474,356 | $ | 469,630 | ||||
| 5.00%, 12/01/2054 | 139,571 | 137,991 | ||||||
| 5.00%, 01/01/2055 | 332,642 | 329,081 | ||||||
| 5.00%, 02/01/2055 | 147,181 | 145,590 | ||||||
| 5.00%, 02/01/2055 | 218,342 | 216,474 | ||||||
| 5.00%, 05/01/2055 | 341,339 | 338,410 | ||||||
| 5.00%, 11/01/2055 | 300,852 | 296,840 | ||||||
| 5.00%, 12/01/2055 | 229,361 | 226,302 | ||||||
| 5.00%, 02/01/2056 | 416,137 | 410,709 | ||||||
| 5.00%, 03/01/2056 | 1,345,858 | 1,327,970 | ||||||
| 4.50%, 11/01/2052 | 81,271 | 78,686 | ||||||
| 4.50%, 05/01/2053 | 101,892 | 98,549 | ||||||
| 4.50%, 06/01/2053 | 876,764 | 848,687 | ||||||
| 4.50%, 06/01/2053 | 165,475 | 160,437 | ||||||
| 4.50%, 07/01/2053 | 1,107,017 | 1,071,567 | ||||||
| 4.50%, 09/01/2053 | 2,758,518 | 2,669,667 | ||||||
| 4.50%, 12/01/2054 | 132,899 | 128,359 | ||||||
| 4.50%, 12/01/2054 | 249,053 | 240,629 | ||||||
| 4.50%, 03/01/2056 | 124,491 | 120,134 | ||||||
| 4.00%, 07/01/2049 | 22,464 | 21,636 | ||||||
| 4.00%, 05/01/2052 | 530,870 | 502,931 | ||||||
| 4.00%, 05/01/2052 | 199,624 | 190,641 | ||||||
| 4.00%, 05/01/2052 | 146,132 | 139,556 | ||||||
| 4.00%, 05/01/2052 | 164,366 | 156,270 | ||||||
| 4.00%, 06/01/2052 | 149,020 | 141,166 | ||||||
| 4.00%, 07/01/2052 | 139,175 | 132,056 | ||||||
| 4.00%, 09/01/2052 | 647,616 | 613,382 | ||||||
| 4.00%, 06/01/2053 | 1,555,846 | 1,472,602 | ||||||
| 4.00%, 07/01/2053 | 1,336,628 | 1,264,975 | ||||||
| 4.00%, 08/01/2053 | 893,900 | 845,888 | ||||||
| 4.00%, 09/01/2053 | 1,962,157 | 1,856,565 | ||||||
| 4.00%, 01/01/2055 | 788,999 | 745,392 | ||||||
| 3.50%, 04/01/2052 | 125,005 | 115,707 | ||||||
| 3.50%, 05/01/2052 | 226,784 | 209,508 | ||||||
| 3.50%, 05/01/2052 | 2,053,296 | 1,885,265 | ||||||
| 3.50%, 05/01/2052 | 346,068 | 320,522 | ||||||
| 3.50%, 06/01/2052 | 210,807 | 193,556 | ||||||
| 3.50%, 06/01/2052 | 86,869 | 79,760 | ||||||
| 3.50%, 06/01/2052 | 744,699 | 683,757 | ||||||
| 3.00%, 01/01/2031 | 6,563 | 6,450 | ||||||
| 3.00%, 08/01/2034 | 102,329 | 98,524 | ||||||
| 3.00%, 03/01/2052 | 144,168 | 128,029 | ||||||
| 3.00%, 03/01/2052 | 1,174,606 | 1,040,925 | ||||||
| 3.00%, 04/01/2052 | 497,188 | 438,474 | ||||||
| 3.00%, 04/01/2052 | 106,376 | 94,586 | ||||||
| 3.00%, 05/01/2052 | 209,103 | 184,831 | ||||||
| 3.00%, 05/01/2052 | 195,628 | 173,477 | ||||||
| 2.50%, 05/01/2026 | 2,866 | 2,866 | ||||||
| 2.50%, 02/01/2031 | 50,462 | 49,463 | ||||||
| 2.50%, 08/01/2035 | 83,492 | 79,438 | ||||||
| 2.50%, 05/01/2036 | 33,895 | 32,182 | ||||||
| 2.50%, 08/01/2051 | 2,448,405 | 2,087,203 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments March 31, 2026 (Unaudited)
| Principal Amount | Value | |||||||
| MORTGAGE-BACKED SECURITIES — continued | ||||||||
| 2.50%, 08/01/2051 | $ | 613,011 | $ | 522,837 | ||||
| 2.50%, 09/01/2051 | 1,393,908 | 1,190,813 | ||||||
| 2.50%, 10/01/2051 | 581,294 | 495,365 | ||||||
| 2.50%, 11/01/2051 | 135,156 | 115,587 | ||||||
| 2.50%, 12/01/2051 | 804,674 | 681,797 | ||||||
| 2.50%, 12/01/2051 | 1,933,221 | 1,641,279 | ||||||
| 2.50%, 01/01/2052 | 104,378 | 89,337 | ||||||
| 2.50%, 02/01/2052 | 174,146 | 148,804 | ||||||
| 2.50%, 02/01/2052 | 997,089 | 844,211 | ||||||
| 2.50%, 02/01/2052 | 566,888 | 479,677 | ||||||
| 2.50%, 03/01/2052 | 661,156 | 559,443 | ||||||
| 2.50%, 03/01/2052 | 166,846 | 142,592 | ||||||
| 2.50%, 03/01/2052 | 345,901 | 293,558 | ||||||
| 2.00%, 08/01/2051 | 1,494,869 | 1,211,918 | ||||||
| 2.00%, 09/01/2051 | 4,261,254 | 3,453,189 | ||||||
| 2.00%, 10/01/2051 | 77,493 | 63,412 | ||||||
| 2.00%, 10/01/2051 | 2,035,666 | 1,649,641 | ||||||
| 2.00%, 10/01/2051 | 254,616 | 207,011 | ||||||
| 2.00%, 10/01/2051 | 224,796 | 182,767 | ||||||
| 2.00%, 11/01/2051 | 358,063 | 293,004 | ||||||
| 2.00%, 12/01/2051 | 646,677 | 523,913 | ||||||
| 2.00%, 12/01/2051 | 912,313 | 738,673 | ||||||
| 2.00%, 01/01/2052 | 92,384 | 75,666 | ||||||
| 2.00%, 01/01/2052 | 195,366 | 158,635 | ||||||
| 2.00%, 02/01/2052 | 1,107,569 | 895,992 | ||||||
| GNMA - 1.00% | ||||||||
| 5.00%, 03/20/2050 | 95,037 | 96,172 | ||||||
| 3.50%, 12/20/2050 | 138,147 | 128,850 | ||||||
| 2.50%, 08/20/2051 | 908,495 | 778,301 | ||||||
| TOTAL MORTGAGE-BACKED SECURITIES | ||||||||
| (Cost $101,553,420) | 96,172,820 | |||||||
| Shares | ||||||||
| SHORT-TERM INVESTMENT - 5.00% | ||||||||
| Money Market Fund - 5.00% | ||||||||
| First American Government Obligations Fund Cl X, 3.58% (a) | 5,018,852 | 5,018,852 | ||||||
| TOTAL SHORT-TERM INVESTMENT | ||||||||
| (Cost $5,018,852) | 5,018,852 | |||||||
| Total Investments (Cost $106,572,272) - 100.79% | $ | 101,191,672 | ||||||
| Liabilities in Excess of Other Assets, Net - (0.79)% | (789,363 | ) | ||||||
| NET ASSETS - 100.00% | $ | 100,402,309 | ||||||
| (a) | The rate shown is the 7-day effective yield as of March 31, 2026. |
Cl — Class
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.