LIBERTY ONE TACTICAL INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 52.5%      
    AEROSPACE & DEFENSE - 2.0%      
1,447   Northrop Grumman Corporation       $ 838,508
             
 
    BEVERAGES - 2.3%      
12,538   Coca-Cola Company (The)         987,493
             
 
    BIOTECH & PHARMA - 7.2%      
1,155   Eli Lilly & Company         1,079,463
7,423   Gilead Sciences, Inc.         971,225
4,622   Johnson & Johnson         1,062,367
             

3,113,055

    COMMERCIAL SUPPORT SERVICES - 3.8%      
3,630   Republic Services, Inc.         759,469
3,795   Waste Management, Inc.         882,527
             

1,641,996

    ELECTRIC UTILITIES - 8.7%      
12,544   Alliant Energy Corporation         921,106
6,765   Duke Energy Corporation         876,406
8,914   Entergy Corporation         1,051,049
8,910   Southern Company (The)         861,597
             

3,710,158

    HEALTH CARE FACILITIES & SERVICES - 4.6%      
5,447   Cardinal Health, Inc.         1,050,617
2,475   UnitedHealth Group, Inc.         916,938
             

1,967,555

    HOUSEHOLD PRODUCTS - 1.9%      
5,443   Procter & Gamble Company (The)         800,611
             
 
    INDUSTRIAL SUPPORT SERVICES - 1.9%      
691   WW Grainger, Inc.         802,493
             
 
    INSURANCE - 2.3%      
2,970   Chubb Ltd.         971,190
             
 
 
 

 

LIBERTY ONE TACTICAL INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
April 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 52.5% (Continued)      
    INTERNET MEDIA & SERVICES - 2.3%      
2,597   Alphabet, Inc., Class C       $ 991,898
             
 
    LEISURE FACILITIES & SERVICES - 1.9%      
2,803   McDonald's Corporation         822,933
             
 
    RETAIL - CONSUMER STAPLES - 2.0%      
12,542   Kroger Company (The)         853,734
             
 
    RETAIL REIT - 2.1%      
11,713   Agree Realty Corporation         903,189
             
 
    SEMICONDUCTORS - 2.4%      
2,540   Broadcom, Inc.         1,060,272
             
 
    SOFTWARE - 1.6%      
1,650   Microsoft Corporation         672,837
             
 
    TECHNOLOGY HARDWARE - 1.9%      
1,815   Motorola Solutions, Inc.         796,839
             
 
    TECHNOLOGY SERVICES - 1.8%      
2,315   Visa, Inc., Class A         763,580
             
 
    TELECOMMUNICATIONS - 1.8%      
29,523   AT&T, Inc.         771,436
             
 
               
    TOTAL COMMON STOCKS (Cost $21,587,618)    

  22,469,777

               
    EXCHANGE-TRADED FUNDS — 46.8%      
    FIXED INCOME - 46.8%      
56,261   Eaton Vance Short Duration Income ETF, USD Class         2,867,342
34,974   Hartford Strategic Income ETF, USD Class         1,227,587
 
 

 

LIBERTY ONE TACTICAL INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
April 30, 2026
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 46.8% (Continued)      
    FIXED INCOME - 46.8% (Continued)      
24,750   iShares Core U.S. Aggregate Bond ETF       $ 2,452,725
71,276   JPMorgan Income ETF, USD Class         3,288,675
108,069   PIMCO Multi Sector Bond Active ETF         2,858,425
72,761   TCW Flexible Income ETF, USD Class         2,863,873
26,565   Vanguard Long-Term Corporate Bond ETF         1,982,015
52,963   Vanguard Mortgage-Backed Securities ETF         2,484,494
             

20,025,136

               
    TOTAL EXCHANGE-TRADED FUNDS (Cost $20,228,670)    

  20,025,136

               
    SHORT-TERM INVESTMENTS — 0.8%      
    MONEY MARKET FUNDS - 0.8%      
338,910   First American Treasury Obligations Fund, Class X, 3.58% (Cost $338,910)(a)         338,910
             
 
    TOTAL INVESTMENTS - 100.1% (Cost $42,155,198)     $ 42,833,823
    LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)%    

(48,247)

    NET ASSETS - 100.0%        

$ 42,785,576

           
               
               
ETF      - Exchange-Traded Fund          
Ltd.   - Limited Company          
REIT   - Real Estate Investment Trust          
               
 

 

 

 

 

(a) Rate disclosed is the seven day effective yield as of April 30, 2026.