CANTOR FITZGERALD HIGH INCOME FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2026
   
  CORPORATE BONDS - 96.7% Par Value Value
  Communications - 10.2%    
  AppLovin Corp, 5.50%, due 12/01/2034 $ 750,000 $ 756,780
  Cars.com, Inc. - 144A, 6.38%, due 11/01/2028(a)   850,000   843,078
  Level 3 Financing, Inc. - 144A, 6.88%, due 06/30/2033(a)   1,000,000   1,027,400
  Maxim Crane Works Holdings Capital, LLC - 144A, 11.50%, due 09/01/2028(a)   750,000   776,754
  ROBLOX Corp - 144A, 3.88%, due 05/01/2030(a)   1,500,000   1,417,536
     

4,821,548

  Consumer Discretionary - 11.3%    
  American Axle & Manufacturing, Inc. - 144A, 7.75%, due 10/15/2033(a)(b)   750,000   740,900
  Brinker International, Inc. - 144A, 8.25%, due 07/15/2030(a)   750,000   782,104
  Ford Motor Co, 6.10%, due 08/19/2032   750,000   763,711
  Kontoor Brands Inc - 144A, 4.13%, due 11/15/2029(a)(b)   500,000   478,511
  Light & Wonder International Inc - 144A, 7.50%, due 09/01/2031(a)   500,000   518,234
  Patrick Industries, Inc. - 144A, 6.38%, due 11/01/2032 (a)(b)   500,000   497,901
  Penn National Gaming, Inc. - 144A, 5.63%, due 01/15/2027(a)   276,000   276,018
  Royal Caribbean Cruises Ltd. - 144A, 6.00%, due 02/01/2033(a)   500,000   507,048
  Wayfair, Inc. - 144A, 6.75%, due 11/15/2032(a)   750,000   770,173
     

5,334,600

  Consumer Staples - 4.1%    
  Performance Food Group, Inc. - 144A, 4.25%, due 08/01/2029(a)   1,000,000   970,666
  US Foods, Inc. - 144A, 4.75%, due 02/15/2029(a)   1,000,000   987,041
     

1,957,707

  Energy - 12.5%    
  Bristow Group Inc. - 144A, 6.75%, due 02/01/2033(a)(b)   750,000   752,174
  Civitas Resources, Inc. - 144A, 9.63%, due 06/15/2033(a)   500,000   548,219
  Global Partners LP / GLP Finance Corp - 144A, 7.13%, due 07/01/2033(a)   500,000   505,926
  Matador Resources Company - 144A, 6.00%, due 04/15/2034(a)   750,000   731,182
  Nabors Industries, Inc. - 144A, 8.88%, due 08/15/2031(a)   500,000   513,382
  Transocean, Inc. - 144A, 8.25%, due 05/15/2029(a)   500,000   516,292
  USA Compression Partners LP / USA Compression - 144A, 7.13%, due 03/15/2029(a)   1,000,000   1,024,339
  Venture Global LNG, Inc. - 144A, 9.88%, due 02/01/2032(a)   1,250,000   1,334,446
     

5,925,960

  Financials - 11.9%    
  Blackstone Secured Lending Fund, 2.75%, due 09/16/2026   500,000   497,986
  Credit Acceptance Corporation - 144A, 6.63%, due 03/15/2030(a)   750,000   751,195
  Fortress Transportation and Infrastructure - 144A, 7.00%, due 06/15/2032(a)   1,000,000   1,032,755
  Rithm Capital Corp - 144A, 8.00%, due 07/15/2030(a)   1,250,000   1,246,826
  Stonex Escrow Issuer LLC - 144A, 6.88%, due 07/15/2032(a)   750,000   771,279
  Synchrony Financial, 7.25%, due 02/02/2033(b)   500,000   521,206
  VFH Parent, LLC / Valor Co-Issuer, Inc. - 144A, 7.50%, due 06/15/2031(a)   750,000   784,433
     

5,605,680

  Health Care - 3.3%    
  DaVita, Inc. - 144A, 6.75%, due 07/15/2033(a)   500,000   515,925
  IQVIA Inc - 144A, 6.50%, due 05/15/2030(a)   1,000,000   1,020,717
     

1,536,642

  Industrials - 19.6%    
  Allison Transmission, Inc. - 144A, 5.88%, due 06/01/2029(a)   500,000   503,822
  Brundage-Bone Concrete Pumping Holdings, Inc. - 144A, 7.50%, due 02/01/2032(a)   750,000   778,104
  Genesee & Wyoming, Inc. - 144A, 6.25%, due 04/15/2032(a)   750,000   760,749
  Mueller Water Products, Inc. - 144A, 4.00%, due 06/15/2029(a)   750,000   726,500
  TransDigm, Inc. - 144A, 6.88%, due 12/15/2030(a)   1,500,000   1,541,550
  Trinity Industries, Inc. - 144A, 7.75%, due 07/15/2028(a)   1,000,000   1,023,326
       
       
 
 

 

CANTOR FITZGERALD HIGH INCOME FUND    
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)    
June 30, 2026    
       
  CORPORATE BONDS - 96.7% (Continued) Par Value Value
  Industrials - 19.6% (Continued)    
  Tutor Perini Corp - 144A, 6.63%, due 07/15/2033(a)  $ 1,250,000 $ 1,257,437
  Tutor Perini Corporation - 144A, 11.88%, due 04/30/2029(a)   1,500,000   1,634,080
  Watco Cos LLC / Watco Finance Corp - 144A, 7.13%, due 08/01/2032(a)   1,000,000   1,026,791
     

9,252,359

  Materials - 1.1%    
  Cleveland-Cliffs, Inc. - 144A, 6.75%, due 04/15/2030(a)   500,000   500,178
     
  Real Estate - 11.7%    
  Cushman & Wakefield US Borrower, LLC - 144A, 6.75%, due 05/15/2028(a)   340,000   340,263
  Howard Hughes Corp./The - 144A, 5.88%, due 03/01/2032(a)   750,000   743,589
  Iron Mountain, Inc. - 144A, 5.25%, due 03/15/2028(a)   1,000,000   998,687
  Iron Mountain Information Management Services Inc - 144A, 5.00%, due 07/15/2032(a)   1,000,000   960,829
  RHP Hotel Properties LP / RHP Finance Corp - 144A, 4.50%, due 02/15/2029(a)   1,265,000   1,240,280
  RLJ Lodging Trust LP - 144A, 3.75%, due 07/01/2026(a)   500,000   500,000
  XHR, L.P. - 144A, 6.63%, due 05/15/2030(a)   750,000   767,308
     

5,550,956

  Technology - 8.8%    
  Cloud Software Group, Inc. - 144A, 9.00%, due 09/30/2029(a)   750,000   727,974
  Coherent Corp - 144A, 5.00%, due 12/15/2029(a)   1,250,000   1,230,744
  Elastic NV - 144A, 4.13%, due 07/15/2029(a)   1,500,000   1,431,133
  SS&C Technologies, Inc. - 144A, 6.50%, due 06/01/2032(a)   750,000   756,398
     

4,146,249

  Utilities - 2.2%    
  Long Ridge Energy, LLC - 144A, 8.75%, due 02/15/2032(a)   1,000,000   1,055,500
     
       
  Total Corporate Bonds (Cost $45,129,633)

$ 45,687,379

       
       
  MONEY MARKET FUNDS - 4.7% Shares Value
  Fidelity Investments Money Market Funds - Class I, 3.54% (c) (Cost $2,233,833) 2,233,833

$ 2,233,833

       
  Total Investments at Value - 101.4% (Cost $47,363,466) $ 47,921,212
     
  Liabilities in Excess of Other Assets - (1.4%)

(653,874)

     
  Net Assets - 100.0%

$ 47,267,338

         

 

 

     
LLC  - Limited Liability Company
LP  - Limited Partnership
NV  - Naamioze Vennootschap
       

 

 

 

(a) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of June 30, 2026, the total market value of 144A securities is $43,147,696 or 91.3% of net assets.
(b) Perpetual maturity.
(c) The rate shown is the 7-day effective yield as of June 30, 2026.