Academy Veteran Bond ETF
Schedule of Investments
April 30, 2026 (Unaudited)
| ASSET BACKED SECURITY - 13.0% | Par | Value | ||||||
| Small Business Administration Pools(a) | ||||||||
| Pool SBA 530428, 4.30% (Prime Rate + (2.45%)), 10/25/2033 | $ | 191,178 | $ | 191,984 | ||||
| Pool SBA 530439, 4.30% (Prime Rate + (2.45%)), 10/25/2033 | 554,332 | 556,682 | ||||||
| Pool SBA 530455, 4.40% (Prime Rate + (2.35%)), 11/25/2033 | 928,061 | 934,224 | ||||||
| Pool SBA 530472, 4.45% (Prime Rate + (2.30%)), 12/25/2033 | 225,493 | 227,196 | ||||||
| Pool SBA 530560, 4.05% (Prime Rate + (2.70%)), 05/25/2034 | 372,701 | 372,526 | ||||||
| Pool SBA 530574, 4.05% (Prime Rate + (2.70%)), 05/25/2034 | 330,159 | 330,002 | ||||||
| Pool SBA 530588, 4.05% (Prime Rate + (2.70%)), 08/25/2034 | 587,308 | 587,025 | ||||||
| Pool SBA 530592, 5.75% (Prime Rate + (1.00%)), 08/25/2034 | 185,188 | 191,314 | ||||||
| Pool SBA 530612, 4.05% (Prime Rate + (2.70%)), 08/25/2034 | 354,645 | 354,474 | ||||||
| Pool SBA 530631, 4.10% (Prime Rate + (2.65%)), 08/25/2034 | 132,966 | 133,040 | ||||||
| Pool SBA 530653, 4.10% (Prime Rate + (2.65%)), 09/25/2034 | 56,917 | 56,949 | ||||||
| Pool SBA 530692, 4.10% (Prime Rate + (2.65%)), 11/25/2034 | 343,076 | 343,249 | ||||||
| Pool SBA 530776, 4.10% (Prime Rate + (2.65%)), 03/25/2035 | 525,521 | 525,796 | ||||||
| Pool SBA 530809, 4.88% (Prime Rate + (1.88%)), 08/25/2035 | 223,612 | 228,256 | ||||||
| Pool SBA 530810, 4.10% (Prime Rate + (2.65%)), 04/25/2035 | 362,931 | 363,121 | ||||||
| Pool SBA 530832, 4.16% (Prime Rate + (2.59%)), 06/25/2050 | 684,675 | 686,133 | ||||||
| Pool SBA 530851, 7.02% (Prime Rate + 0.27%), 07/25/2035 | 429,795 | 461,516 | ||||||
| Pool SBA 530885, 4.20% (Prime Rate + (2.55%)), 07/25/2035 | 2,119,427 | 2,126,061 | ||||||
| Pool SBA 530887, 5.75% (Prime Rate + (1.00%)), 07/25/2035 | 1,876,879 | 1,955,237 | ||||||
| Pool SBA 530979, 4.15% (Prime Rate + (2.60%)), 11/25/2035 | 288,019 | 288,602 | ||||||
| Pool SBA 531001, 5.75% (Prime Rate + (1.00%)), 04/25/2036 | 488,020 | 513,188 | ||||||
| Pool SBA 531034, 4.25% (Prime Rate + (2.50%)), 07/25/2051 | 248,626 | 250,029 | ||||||
| Pool SBA 531081, 4.15% (Prime Rate + (2.60%)), 04/25/2051 | 499,048 | 499,873 | ||||||
| Pool SBA 531109, 4.08% (Prime Rate + (2.67%)), 04/25/2036 | 1,900,000 | 1,913,448 | ||||||
| TOTAL ASSET BACKED SECURITY (Cost $14,043,298) | 14,089,925 | |||||||
| MORTGAGE-BACKED SECURITIES - 85.2% | Par | Value | ||||||
| Ginnie Mae I Pool | ||||||||
| Pool GN 615400, 4.50%, 08/15/2033 | 275,927 | 275,729 | ||||||
| Pool GN 666291, 2.50%, 12/15/2042 | 70,651 | 61,434 | ||||||
| Pool GN 682229, 4.00%, 07/15/2049 | 487,212 | 459,796 | ||||||
| Pool GN AD0997, 2.50%, 04/15/2043 | 36,533 | 31,794 | ||||||
| Pool GN AD0998, 2.50%, 04/15/2043 | 90,687 | 78,922 | ||||||
| Pool GN AD0999, 2.50%, 05/15/2043 | 8,468 | 7,369 | ||||||
| Pool GN AI6890, 3.00%, 06/15/2045 | 291,153 | 263,209 | ||||||
| Pool GN BR6606, 3.00%, 02/15/2050 | 9,430,314 | 8,406,863 | ||||||
| Ginnie Mae II Pool | ||||||||
| Pool G2 678014, 4.00%, 04/20/2048 | 68,913 | 64,185 | ||||||
| Pool G2 784981, 3.50%, 04/20/2050 | 877,337 | 799,976 | ||||||
| Pool G2 785510, 2.50%, 01/20/2051 | 1,802,814 | 1,519,525 | ||||||
| Pool G2 786095, 3.00%, 04/20/2052 | 462,045 | 410,069 | ||||||
| Pool G2 786134, 3.00%, 04/20/2052 | 3,144,885 | 2,791,108 | ||||||
| Pool G2 786216, 3.50%, 06/20/2052 | 193,316 | 174,681 | ||||||
| Pool G2 786463, 3.50%, 12/20/2052 | 1,947,008 | 1,753,000 | ||||||
| Pool G2 786464, 2.50%, 12/20/2052 | 375,403 | 314,004 | ||||||
| Pool G2 786552, 2.00%, 12/20/2052 | 416,648 | 337,641 | ||||||
| Pool G2 786723, 3.50%, 11/20/2052 | 264,044 | 238,591 | ||||||
| Pool G2 786724, 2.50%, 01/20/2053 | 817,593 | 683,871 | ||||||
| Pool G2 786725, 3.00%, 11/20/2052 | 376,473 | 329,713 | ||||||
| Pool G2 786784, 4.50%, 06/20/2053 | 629,702 | 609,368 | ||||||
| Pool G2 786793, 2.00%, 12/20/2052 | 419,495 | 339,948 | ||||||
| Pool G2 786842, 4.00%, 04/20/2053 | 738,599 | 690,376 | ||||||
| Pool G2 787240, 5.00%, 01/20/2054 | 1,742,995 | 1,732,347 | ||||||
| Pool G2 787975, 5.50%, 05/20/2055 | 170,104 | 170,785 | ||||||
| Pool G2 788093, 5.50%, 07/20/2055 | 600,067 | 602,468 | ||||||
| Pool G2 788100, 5.50%, 08/20/2055 | 1,257,209 | 1,262,238 | ||||||
| Pool G2 788152, 5.00%, 09/20/2055 | 1,731,055 | 1,713,624 | ||||||
| Pool G2 788440, 5.50%, 11/20/2055 | 2,096,090 | 2,104,475 | ||||||
| Pool G2 AX3507, 3.00%, 12/20/2046 | 287,457 | 259,743 | ||||||
| Pool G2 BK5879, 4.50%, 11/20/2048 | 165,506 | 162,074 | ||||||
| Pool G2 BR8118, 3.00%, 11/20/2049 | 661,850 | 587,759 | ||||||
| Pool G2 BS8626, 3.00%, 02/20/2050 | 750,833 | 666,781 | ||||||
| Pool G2 BS8891, 3.50%, 02/20/2050 | 1,062,963 | 969,867 | ||||||
| Pool G2 BS8912, 3.00%, 02/20/2050 | 487,800 | 433,193 | ||||||
| Pool G2 BT1911, 3.50%, 12/20/2050 | 131,358 | 118,855 | ||||||
| Pool G2 BU6116, 2.50%, 04/20/2050 | 58,754 | 50,151 | ||||||
| Pool G2 BU6352, 3.50%, 06/20/2051 | 145,979 | 132,628 | ||||||
| Pool G2 BV1199, 3.50%, 05/20/2050 | 133,040 | 120,377 | ||||||
| Pool G2 BX2636, 2.50%, 10/20/2050 | 688,208 | 585,717 | ||||||
| Pool G2 BY0769, 2.50%, 09/20/2050 | 779,095 | 667,247 | ||||||
| Pool G2 BZ0238, 2.50%, 03/20/2051 | 1,813,863 | 1,539,275 | ||||||
| Pool G2 CD4331, 2.00%, 04/20/2051 | 416,430 | 341,136 | ||||||
| Pool G2 CK2586, 3.00%, 04/20/2052 | 1,315,061 | 1,167,126 | ||||||
| Pool G2 CL5518, 3.00%, 03/20/2052 | 1,572,289 | 1,395,418 | ||||||
| Pool G2 CL5523, 3.00%, 04/20/2052 | 998,685 | 874,644 | ||||||
| Pool G2 CN0347, 3.00%, 09/20/2052 | 116,092 | 103,291 | ||||||
| Pool G2 CN5150, 2.50%, 07/20/2052 | 895,868 | 760,262 | ||||||
| Pool G2 CN6487, 3.00%, 06/20/2052 | 895,554 | 794,810 | ||||||
| Pool G2 CN6885, 3.50%, 05/20/2052 | 80,288 | 72,269 | ||||||
| Pool G2 CN8589, 4.00%, 08/20/2052 | 315,099 | 294,527 | ||||||
| Pool G2 CO4367, 5.00%, 08/20/2052 | 71,091 | 70,737 | ||||||
| Pool G2 CO5989, 3.00%, 02/20/2052 | 642,500 | 570,577 | ||||||
| Pool G2 CO5999, 3.00%, 09/20/2052 | 653,993 | 580,783 | ||||||
| Pool G2 CQ2299, 3.00%, 11/20/2052 | 219,086 | 194,028 | ||||||
| Pool G2 CQ5485, 4.50%, 11/20/2052 | 290,684 | 281,297 | ||||||
| Pool G2 CR2134, 3.50%, 09/20/2060 | 658,818 | 594,457 | ||||||
| Pool G2 CT5959, 4.50%, 04/20/2053 | 751,608 | 723,985 | ||||||
| Pool G2 CT6282, 4.50%, 02/20/2062 | 460,775 | 444,556 | ||||||
| Pool G2 CT9943, 5.00%, 04/20/2053 | 1,042,077 | 1,035,711 | ||||||
| Pool G2 CU0134, 4.50%, 05/20/2053 | 423,950 | 408,369 |
| Pool G2 CU4415, 6.50%, 05/20/2053 | 136,057 | 142,365 | ||||||
| Pool G2 CU5352, 5.50%, 08/20/2053 | 425,947 | 431,491 | ||||||
| Pool G2 CV1066, 5.00%, 06/20/2053 | 600,386 | 596,719 | ||||||
| Pool G2 CV6338, 5.50%, 07/20/2053 | 1,219,499 | 1,233,254 | ||||||
| Pool G2 CV6387, 5.00%, 06/20/2053 | 671,167 | 667,067 | ||||||
| Pool G2 CV6664, 5.50%, 06/20/2053 | 226,453 | 230,210 | ||||||
| Pool G2 CV7142, 4.50%, 07/20/2050 | 1,102,409 | 1,062,765 | ||||||
| Pool G2 CW6876, 7.00%, 08/20/2053 | 33,211 | 34,597 | ||||||
| Pool G2 CY9047, 5.50%, 03/20/2054 | 999,798 | 1,013,772 | ||||||
| Pool G2 DA2629, 5.00%, 03/20/2054 | 872,447 | 871,769 | ||||||
| Pool G2 DG4649, 5.50%, 12/20/2054 | 298,097 | 300,379 | ||||||
| Pool G2 DG4653, 4.00%, 12/20/2039 | 1,177,134 | 1,150,308 | ||||||
| Pool G2 DH3437, 4.50%, 02/20/2040 | 898,465 | 893,740 | ||||||
| Pool G2 DN7697, 4.88%, 02/20/2065 | 381,676 | 374,101 | ||||||
| Pool G2 DN9680, 4.50%, 11/20/2055 | 1,447,580 | 1,386,760 | ||||||
| Pool G2 DP3792, 5.00%, 01/20/2056 | 896,680 | 887,916 | ||||||
| Pool G2 DR3077, 4.50%, 04/20/2056 | 1,870,530 | 1,791,834 | ||||||
| Pool G2 MA2752, 2.50%, 04/20/2045 | 913,343 | 796,078 | ||||||
| Pool G2 MA2824, 2.50%, 05/20/2045 | 609,532 | 531,273 | ||||||
| Pool G2 MA5386, 3.00%, 08/20/2048 | 155,594 | 137,561 | ||||||
| Pool G2 MA6209, 3.00%, 10/20/2049 | 1,071,753 | 941,361 | ||||||
| Pool G2 MA6464, 3.00%, 02/20/2050 | 903,925 | 794,017 | ||||||
| Pool G2 MA7191, 1.50%, 02/20/2051 | 303,641 | 238,676 | ||||||
| Pool G2 MA7906, 2.00%, 03/20/2037 | 599,485 | 545,288 | ||||||
| Pool G2 MA8040, 1.50%, 04/20/2052 | 533,411 | 410,613 | ||||||
| Pool G2 MA8095, 1.50%, 12/20/2043 | 97,633 | 84,410 | ||||||
| Pool G2 MA8173, 2.50%, 08/20/2037 | 161,943 | 153,033 | ||||||
| Pool G2 MA8190, 3.00%, 08/20/2052 | 1,673,335 | 1,465,500 | ||||||
| Pool G2 MA8239, 2.00%, 02/20/2037 | 411,748 | 377,865 | ||||||
| Pool G2 MA8314, 2.00%, 01/20/2037 | 101,856 | 93,475 | ||||||
| Pool G2 MA8417, 4.00%, 11/20/2052 | 1,780,393 | 1,641,580 | ||||||
| Pool G2 MA8475, 2.00%, 12/20/2052 | 1,112,016 | 901,148 | ||||||
| Pool G2 MA8710, 3.00%, 01/20/2052 | 1,126,815 | 986,860 | ||||||
| Pool G2 MA8712, 4.00%, 03/20/2053 | 2,682,443 | 2,473,299 | ||||||
| Pool G2 MA8782, 2.00%, 12/20/2051 | 730,619 | 592,074 | ||||||
| Pool G2 MA8783, 2.50%, 03/20/2052 | 1,254,406 | 1,038,812 | ||||||
| Pool G2 MA8860, 2.00%, 08/20/2052 | 774,535 | 627,663 | ||||||
| Pool G2 MA8862, 3.00%, 01/20/2053 | 1,102,553 | 965,611 | ||||||
| Pool G2 MA8941, 2.00%, 06/20/2053 | 1,345,400 | 1,108,647 | ||||||
| Pool G2 MA9093, 5.00%, 08/20/2053 | 1,182,722 | 1,176,873 | ||||||
| Pool G2 MA9153, 2.50%, 09/20/2053 | 798,384 | 661,166 | ||||||
| Pool G2 MA9157, 4.50%, 09/20/2053 | 1,316,178 | 1,270,167 | ||||||
| Pool G2 MA9223, 3.00%, 04/20/2052 | 2,803,424 | 2,455,228 | ||||||
| Pool G2 MA9224, 3.50%, 10/20/2053 | 819,582 | 737,152 | ||||||
| Pool G2 MA9287, 3.00%, 02/20/2052 | 834,247 | 730,630 | ||||||
| Pool G2 MA9344, 3.00%, 09/20/2053 | 190,520 | 166,691 | ||||||
| Pool G2 MA9481, 2.00%, 01/20/2054 | 2,555,756 | 2,103,755 | ||||||
| Pool G2 MA9593, 6.00%, 04/20/2054 | 426,018 | 433,778 | ||||||
| Pool G2 MA9650, 3.00%, 12/20/2051 | 1,395,154 | 1,215,556 |
| Pool G2 MA9893, 5.50%, 09/20/2054 | 97,211 | 97,996 | ||||||
| Pool G2 MB0455, 3.50%, 07/20/2040 | 326,888 | 313,896 | ||||||
| Pool G2 MB0507, 4.50%, 07/20/2040 | 1,882,986 | 1,863,984 | ||||||
| Pool G2 MB0585, 4.50%, 08/20/2040 | 862,199 | 854,644 | ||||||
| Pool G2 MB0922, 3.50%, 02/20/2056 | 384,421 | 343,804 | ||||||
| Pool G2 MB0973, 4.00%, 09/20/2041 | 553,814 | 540,702 | ||||||
| Pool G2 MB1047, 4.00%, 07/20/2041 | 2,500,000 | 2,440,808 | ||||||
| TOTAL MORTGAGE-BACKED SECURITIES (Cost $92,747,370) | 92,609,480 | |||||||
| SHORT-TERM INVESTMENTS - 1.2% | ||||||||
| Money Market Funds - 1.2% | Shares | Value | ||||||
| First American Government Obligations Fund - Class X, 3.58%(b) | 1,325,542 | 1,325,542 | ||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost $1,325,542) | 1,325,542 | |||||||
| TOTAL INVESTMENTS - 99.4% (Cost $108,116,210) | $ | 108,024,947 | ||||||
| Other Assets in Excess of Liabilities - 0.6% | 657,781 | |||||||
| TOTAL NET ASSETS - 100.0% | $ | 108,682,728 |
Percentages are stated as a percent of net assets.
| (a) | Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase of decrease correspondingly. The rate disclosed is as of April 30, 2026. |
| (b) | The rate shown represents the 7-day annualized effective yield as of April 30, 2026. |