BEACON SELECTIVE RISK ETF
SCHEDULE OF INVESTMENTS (Unaudited)
May 31, 2026
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 99.5%      
    EQUITY - 81.5%      
12,772   Vanguard Communication Services ETF       $ 2,517,106
14,957   Vanguard Consumer Staples ETF         3,346,629
22,600   Vanguard Energy ETF         3,595,660
11,961   Vanguard Health Care ETF         3,344,415
10,116   Vanguard Industrials ETF         3,445,914
28,283   Vanguard Information Technology ETF         3,423,940
14,623   Vanguard Materials ETF         3,400,871
33,811   Vanguard Real Estate ETF         3,235,713
18,977   Vanguard Utilities ETF         3,656,109
             

29,966,357

    FIXED INCOME - 18.0%      
25,862   Vanguard Extended Duration Treasury ETF         1,647,927
21,543   Vanguard Intermediate-Term Bond ETF         1,655,580
24,138   Vanguard Long-Term Bond ETF         1,659,488
32,987   Vanguard Short-Term Inflation-Protected Securities ETF         1,663,533
             

6,626,528

               
    TOTAL EXCHANGE-TRADED FUNDS (Cost $33,458,490)    

  36,592,885

               
    TOTAL INVESTMENTS - 99.5% (Cost $33,458,490)     $ 36,592,885
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%    

170,699

    NET ASSETS - 100.0%        

$ 36,763,584

           
               
 

 

ETF – Exchange Traded Fund 

 

 

 

 

 

BEACON TACTICAL RISK ETF
SCHEDULE OF INVESTMENTS (Unaudited)
May 31, 2026
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 99.8%      
    EQUITY - 99.8%      
16,217   Vanguard Communication Services ETF       $ 3,196,046
7,532   Vanguard Consumer Discretionary ETF         3,025,604
12,000   Vanguard Consumer Staples ETF         2,685,000
22,704   Vanguard Energy ETF         3,612,207
21,402   Vanguard Financials ETF         2,710,777
10,722   Vanguard Health Care ETF         2,997,978
9,691   Vanguard Industrials ETF         3,301,142
33,832   Vanguard Information Technology ETF         4,095,703
13,685   Vanguard Materials ETF         3,182,720
29,600   Vanguard Real Estate ETF         2,832,720
15,175   Vanguard Utilities ETF         2,923,616
             

34,563,513

               
    TOTAL EXCHANGE-TRADED FUNDS (Cost $30,171,575)    

  34,563,513

               
    TOTAL INVESTMENTS - 99.8% (Cost $30,171,575)     $ 34,563,513
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.2%    

77,587

    NET ASSETS - 100.0%        

$ 34,641,100

           
               
 

 

ETF – Exchange Traded Fund