Advisors Capital Active All Cap Fund
			Schedule of Investments
			June 30, 2026 (Unaudited)
Shares							Fair Value	% of Net Assets
EXCHANGE TRADED FUNDS
Equity
168,300		iShares Core S&P 500 ETF (a)					$126,038,187
204,100		iShares Core S&P Mid-Cap ETF					15,738,151
592,300		State Street SPDR® Portfolio S&P 1500 Composite Stock Market ETF					53,774,917
754,600		Vanguard Growth Index ETF					65,001,244
247,100		Vanguard Value Index ETF					53,850,503
Total for Exchange Traded Funds (Cost - $234,246,153)							314,403,002		97.90%
MONEY MARKET FUNDS
4,955,848		Goldman Sachs Financial Square Government Fund
		Institutional Class 3.53% ***					4,955,848		1.55%
Total for Money Market Funds (Cost - $4,955,848)
		Total Investments					319,358,850		99.45%
		(Cost - $239,202,001)
		Other Assets in Excess of Liabilities					1,773,603		0.55%
		Net Assets					$321,132,453		100.00%
(a) Additional information, including current Prospectus and Annual Report, is available at
https://www.blackrock.com/us/individual/resources/regulatory-documents#etfs.
*** The Yield shown represents the 7-day yield at June 30, 2026.