Reckoner Yield Enhanced AAA CLO Reinvesting ETF
  
Schedule of Investments
  
March 31, 2026 (Unaudited)
  
   
EXCHANGE TRADED FUNDS - 99.1%
Shares
 
Value
 
Reckoner Yield Enhanced AAA CLO Annual ETF (a)(b)(c)
    
123,800
    
$
12,393,655
  
TOTAL EXCHANGE TRADED FUNDS (Cost $12,383,185)
      
12,393,655
  
                 
TOTAL INVESTMENTS - 99.1% (Cost $12,383,185)
      
12,393,655
  
Money Market Deposit Account - 0.9% (d)
      
117,197
  
Liabilities in Excess of Other Assets - (0.0)% (e)
      
(300
)
TOTAL NET ASSETS - 100.0%
          
$
12,510,552
  
                 
Percentages are stated as a percent of net assets.
          

(a)
Non-income producing security.
(b)
Fair value of this security exceeds 25% of the Fund’s net assets.  Additional information for this security, including the financial statements, is available from the SEC’s EDGAR database at www.sec.gov.
(c)
Affiliated security as defined by the Investment Company Act of 1940.
(d)
The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of March 31, 2026 was 2.56%.
(e)
Represents less than 0.05% of net assets.
Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
 
Reckoner Yield Enhanced AAA CLO Reinvesting ETF (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 March 31, 2026:


   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Exchange Traded Funds
  
$
12,393,655
    
$
–
    
$
–
    
$
12,393,655
  
Total Investments
  
$
12,393,655
    
$
–
    
$
–
    
$
12,393,655
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  
Reckoner Yield Enhanced AAA CLO Reinvesting ETF - Transactions with Affiliates
        
   
Value as of
February 10, 2026 (a)
    
Additions
    
Reductions
    
Realized
Gain (Loss)
    
Net Change in Unrealized
Appreciation (Depreciation)
    
Value as of
March 31, 2026
    
Shares as of
March 31, 2026
    
Dividend / Interest Income
    
Capital Gain Distributions
from
Underlying Funds
  
Reckoner Yield Enhanced AAA CLO Annual ETF
  
$
–
    
$
14,883,185
    
$
(2,490,250
)
  
$
(9,750
)
  
$
10,470
    
$
12,393,655
      
123,800
    
$
–
    
$
–
  
   
$
–
    
$
14,883,185
    
$
(2,490,250
)
  
$
(9,750
)
  
$
10,470
    
$
12,393,655
      
123,800
    
$
–
    
$
–
  
   

(a)
Inception date of Fund.