UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-17f-1

 

Certificate of Accounting of Securities and Similar
Investments of a Management Investment Company
in the Custody of Members of
National Securities Exchanges

 

Pursuant to Rule 17f-1 [17 CFR 270.17f-1]

 

1.    Investment Company Act File Number:
Advisors Preferred Trust - 811-22756
Spectrum Low Volatility Fund
Date examination completed:
June 29, 2026
2. State identification Number:
AL By Fund
#48456
AK By Fund
Investor
#6009111
AZ By Class
Investor Class
#MF84722
AR By Fund
#60038347
CA By Trust
no permit #
CO By Trust
#2013-52-250
CT By Fund
#1103940
DE By Fund
no permit
DC By Class
Investor Class
#60073444
FL None required GA By Trust
#MFO49318
HI By Fund
no permit
ID By Fund
Low Volatility
#79073
IL By Trust
#60027229
IN By Trust
#13-0029IC
IA By Class
Investor Class
#I-108970
KS By Fund
#2018S0001096
KY By Prospectus
#60451097
LA By Prospectus
#170562
ME By Class
Investor Class
#10065419
MD By Class
Investor Class
#SM 120152440
MA By Class
Investor Class
#60185334
MI By Class
Investor Class
#985582
MN By Trust
#R-55307.1
Exemption
No permit #
MS By Class
Investor Class
#60066861
MO By Fund
no permit
MT By Class
Investor Class
#270386
NE By Class
Investor Class
#121856
NV  By Fund
no permit #
NH By Class
Investor Class
#MF20-0083612
NJ By Prospectus
#MF 18494
NM By Class
Investor Class
 #60440
NY By Fund
#S33-49-70
NC By Trust
no permit #
ND By Class
Investor Class
#MF20-0374
OH By Prospectus
#BE1962849
OK By Class
Investor Class
#SE-2247136
OR By Fund
#2020-617
PA By Trust
#2013-02-070MF
RI By Fund
no permit #
SC By Fund
#MF 21458
SD By Class
Investor Class
#81761
                       
TN By Class
Investor Class
#RN2023B-0801
TX By Class
Investor Class
#C 106625
UT By Prospectus
#007-5859-59
VT By Class
Investor Class
#7/07/20-07
VA By Trust
#183038
WA By Class
Investor Class
#60066958
WV By Class
Investor Class
#106983
WI By Class
Investor Class
#772165
WY By Trust
no permit #
PR By Class
Investor Class
#60347-0
GU By Trust
#2018-10728
VI By Trust
Not registered
                       
Other (specify):
3. Exact name of investment company as specified in registration statement: Spectrum Low Volatility Fund, a  series of the Advisors Preferred Trust
4. Address of principal executive office (number, street, city, state, zip code): 1445 Research Boulevard, Suite 530, Rockville, MD  20850
                         

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-17f-1

 

Certificate of Accounting of Securities and Similar
Investments of a Management Investment Company
in the Custody of Members of
National Securities Exchanges

 

Pursuant to Rule 17f-1 [17 CFR 270.17f-1]

 

1.     Investment Company Act File Number:
Advisors Preferred Trust - 811-22756
Spectrum Unconstrained Fund
Date examination completed:
June 29, 2026
2. State identification Number:
AL By Fund
# 61998
AK By Fund
Investor
not registered
AZ By Class
Investor Class
 not registered
AR By Fund
not registered
CA By Trust
#ORG 109463
CO By Trust
#2013-52-250
CT By Fund
#1113776
DE By Fund
not registered
DC By Class
Investor Class
not registered
FL None required GA By Trust
 #SC-MF-049318
HI By Fund
no registered
ID By Fund
not registered
IL By Trust
#60027229
IN By Trust
#FCS - P - 002295
IA By Class
not registered
KS By Fund
not registered
KY By Prospectus
Not registered
LA By Prospectus
Not registered
ME By Class
not registered
MD By Class
not registered
MA By Class
not registered
MI By Class
not registered
MN By Trust
#R-55307.1By Exemption
MS By Class
not registered
MO By Fund
not registered
MT By Class
not registered
NE By Class
not registered
NV  By Fund
not registered
NH By Class
not registered
NJ By Prospectus
not registered
NM By Class
Investor Class
#72692
NY By Fund
#S34-63-95
NC By Trust
No Permit
ND By Class
Not registered
OH By Prospectus
#BE1962849
OK By Class
Not registered
OR By Fund
#2021-2247
PA By Trust
#2013-02-070MF
RI By Fund
not registered
SC By Fund
Not registered
SD By Class
Not registered
TN By Class
Not registered
TX By Class
Investor Class
#C 129956
UT By Prospectus
#007-5859-59
VT By Class
Not registered
VA By Trust
#183038
WA By Class
not registered
WV By Class
Not registered
WI By Class
Not registered
WY By Trust
no permit #
PR By Class
Not registered
GU By Trust
#2018-10728
VI By Trust
no permit
Other (specify):
3. Exact name of investment company as specified in registration statement: Spectrum Unconstrained Fund, a  series of the Advisors Preferred Trust
4. Address of principal executive office (number, street, city, state, zip code): 1445 Research Boulevard, Suite 530, Rockville, MD  20850
                         

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-17f-1

 

Certificate of Accounting of Securities and Similar
Investments of a Management Investment Company
in the Custody of Members of
National Securities Exchanges

 

Pursuant to Rule 17f-1 [17 CFR 270.17f-1]

 

1.     Investment Company Act File Number:
Advisors Preferred Trust - 811-22756
Spectrum Active Advantage Fund
Date examination completed:
June 29, 2026
2. State identification Number:
AL By Fund
# 61998
AK By Fund
Investor
not registered
AZ By Class
Investor Class
 not registered
AR By Fund
not registered
CA By Trust
#ORG 109463
CO By Trust
#2013-52-250
CT By Fund
#1113776
DE By Fund
not registered
DC By Class
Investor Class
not registered
FL None required GA By Trust
 #SC-MF-049318
HI By Fund
no registered
ID By Fund
not registered
IL By Trust
#60027229
IN By Trust
#FCS - P - 002295
IA By Class
not registered
KS By Fund
not registered
KY By Prospectus
#60451097
LA By Prospectus
#170562
ME By Class
not registered
MD By Class
Investor Class
#SM20210269
MA By Class
not registered
MI By Class
not registered
MN By Trust
#R-55307.1By Exemption
MS By Class
not registered
MO By Fund
not registered
MT By Class
not registered
NE By Class
not registered
NV  By Fund
not registered
NH By Class
not registered
NJ By Prospectus
#MF18494
NM By Class
Not Registered
NY By Fund
#S34-63-95
NC By Trust
No Permit
ND By Class
Not registered
OH By Prospectus
#BE1962849
OK By Class
Not registered
OR By Fund
#2021-2247
PA By Trust
#2013-02-070MF
RI By Fund
not registered
SC By Fund
Not registered
SD By Class
Not registered
TN By Class
Not registered
TX By Class
Investor Class
#C 129956
UT By Prospectus
#007-5859-59
VT By Class
Not registered
VA By Trust
#183038
WA Not registered
WV By Class
Not registered
WI By Class
Not registered
WY By Trust
no permit #
PR By Class
Not registered
GU By Trust
#2018-10728
VI By Trust
no permit
Other (specify):
3. Exact name of investment company as specified in registration statement: Spectrum Unconstrained Fund, a  series of the Advisors Preferred Trust
4. Address of principal executive office (number, street, city, state, zip code): 1445 Research Boulevard, Suite 530, Rockville, MD  20850
                         

 

 

MANAGEMENT STATEMENT REGARDING COMPLIANCE WITH CERTAIN

PROVISIONS OF THE INVESTMENT COMPANY ACT OF 1940

 

June 29, 2026

 

We, as members of management of Spectrum Low Volatility Fund, Spectrum Active Advantage Fund and Spectrum Unconstrained Fund (the “Funds”), each a series of Advisors Preferred Trust, are responsible for complying with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1, “Custody of Securities with Members of National Securities Exchanges,” of the Investment Company Act of 1940. We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Funds’ compliance with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 as of March 31, 2026, and from September 30, 2025, through March 31, 2026.

 

Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 for the Investment Company Act of 1940 as of March 31, 2026, and from September 30, 2025, through March 31, 2026, with respect to securities reflected in the investment account of each Fund.

 

Spectrum Low Volatility Fund
Spectrum Active Advantage Fund
Spectrum Unconstrained Fund

 

/s/    
Catherine Ayers-Rigsby, Principal Executive Officer  
   
/s/    
Christine Casares, Principal Financial Officer  

 

 

Report of Independent Public Accountant

 

To the Board of Trustees of

Advisors Preferred Trust

 

We have examined management’s assertion, included in the accompanying Management Statement Regarding Compliance With Certain Provisions of the Investment Company Act of 1940, that Spectrum Low Volatility Fund, Spectrum Active Advantage Fund, and Spectrum Unconstrained Fund (the “Funds”), each a series of Advisors Preferred Trust, complied with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 under the Investment Company Act of 1940 (the “Act”) (the “specified requirements”) as of March 31, 2026. The Funds’ management is responsible for its assertion. Our responsibility is to express an opinion on management’s assertion about the Funds’ compliance with the specified requirements based on our examination.

 

Our examination was conducted in accordance with attestation standards established by the AICPA. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management’s assertion about compliance with the specified requirements is fairly stated, in all material respects. An examination involves performing procedures to obtain evidence about whether management’s assertion is fairly stated in all material respects. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of management’s assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

 

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the engagement.

 

Included among our procedures were the following tests performed as of March 31, 2026, and with respect to agreement of security purchases and sales, for the period from September 30, 2025 (the date of our last examination), through March 31, 2026:

 

Confirmation of all securities held by institutions in book entry form at National Financial Services, LLC (“NFS”)

 

Confirmation of all securities hypothecated, pledged, placed in escrow, or out for transfer with brokers, pledgees, or transfer agents

 

Reconciliation of all such securities to the books and records of the Funds and NFS

 

Agreement of fourteen security purchases and eleven security sales or maturities since our last report from the books and records of the Funds to broker confirmations

 

Our examination does not provide a legal determination on the Funds’ compliance with specified requirements.

 

In our opinion, management’s assertion that Spectrum Low Volatility Fund, Spectrum Active Advantage Fund, and Spectrum Unconstrained Fund complied with the requirements of subsections (b)(1) and

 

 

(b)(6) of Rule 17f-1 of the Investment Company Act of 1940 as of March 31, 2026, with respect to securities reflected in the investment account of the Funds is fairly stated, in all material respects.

 

This report is intended solely for the information and use of management and the Board of Trustees of Advisors Preferred Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

/s/    
COHEN & COMPANY, LTD.  
Cleveland, Ohio  
June 29, 2026