BEACON DYNAMIC ALLOCATION FUND
SCHEDULE OF INVESTMENTS (Unaudited)
May 31, 2026
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 98.5%      
    ALTERNATIVE - 5.5%      
60,225   iMGP DBi Managed Futures Strategy ETF, USD Class       $ 1,866,975
61,829   Simplify Managed Futures Strategy ETF         1,785,622
             

3,652,597

    EQUITY - 59.5%      
86,026   Astoria US Equal Weight Quality Kings ETF         3,605,298
103,231   State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF         9,459,057
106,473   State Street SPDR Portfolio S&P 500 ETF         9,481,421
170,008   T Rowe Price Small-Mid Cap ETF         7,082,533
219,305   VictoryShares Free Cash Flow ETF         10,213,033
             

39,841,342

    FIXED INCOME - 33.5%      
133,431   Angel Oak Income ETF         2,772,696
24,718   Janus Henderson AAA CLO ETF         1,249,248
74,726   PIMCO Enhanced Low Duration Active ETF         7,142,737
234,889   PIMCO Multisector Bond Active ETF         6,222,210
162,036   State Street SPDR Bloomberg Investment Grade Floating Rate ETF         4,997,190
             

22,384,081

               
    TOTAL EXCHANGE-TRADED FUNDS (Cost $57,251,758)    

  65,878,020

               
    SHORT-TERM INVESTMENT — 1.6%      
    MONEY MARKET FUND - 1.6%      
1,078,989   First American Government Obligations Fund, Class X, 3.55% (Cost $1,078,989)(a)         1,078,989
             
 
    TOTAL INVESTMENTS - 100.1% (Cost $58,330,747)     $ 66,957,009
    LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)%    

(68,218)

    NET ASSETS - 100.0%        

$ 66,888,791

           
               
 

 

 

ETF – Exchange Traded Fund

 

 

 

(a) Rate disclosed is the seven day effective yield as of May 31, 2026.