ALIGN ALTERNATIVE ACCESS FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2026
Investments								Shares		Cost		Fair Value		% of Net Assets		Unrealized    Appreciation / (Depreciation) from Investments
EXCHANGE TRADED FUNDS - 6.2%
FIXED INCOME - 6.2%
WisdomTree Floating Rate Treasury Fund (a)								24,758		$ 1,248,041		$ 1,246,565		6.2%		$ (1,476)
TOTAL EXCHANGE TRADED FUNDS										$ 1,248,041		$ 1,246,565		6.2%		$ (1,476)
OPEN END FUNDS - 7.4%
ALTERNATIVE - 7.4%
Stone Ridge Diversified Alternatives Fund Class I								145,396		$ 1,500,000		$ 1,496,123		7.4%		$ (3,877)
TOTAL OPEN END FUNDS										$ 1,500,000		$ 1,496,123		7.4%		$ (3,877)
PRIVATE INVESTMENT FUNDS - 64.4% (b)
Apollo Aligned Alternatives, LP Class I (c)								16,640		$ 550,000		$ 597,966		3.0%		$ 47,966
Apollo Asset Backed Credit Co. Class I								3,903		100,000		98,886		0.5%		(1,114)
Ares Strategic Income Fund Class I								11,996		330,000		320,403		1.6%		(9,597)
Blackstone Private Credit Fund Class I								13,111		330,000		310,072		1.5%		(19,928)
Blackstone Real Estate Income Trust, Inc. Class I								15,946		220,000		231,623		1.1%		11,623
Blue Owl Credit Income Corp. Class I								34,921		330,000		317,079		1.6%		(12,921)
Carlyle AlpInvest Private Markets Fund Class I								63,369		970,000		1,060,157		5.2%		90,157
Golub Capital Private Credit Fund Class I								13,100		330,000		316,638		1.6%		(13,362)
Hamilton Lane Private Infrastructure Fund Class Y								74,148		1,100,000		1,210,097		6.0%		110,097
Hines Global Income Trust Class I								124,467		1,220,000		1,221,020		6.0%		1,020
HPS Corporate Lending Fund Class I								13,085		330,000		319,532		1.6%		(10,468)
John Hancock Marathon Asset-Based Lending Fund Class I								8,096		165,000		159,333		0.8%		(5,667)
KKR FS Income Trust Class I								3,369		100,000		97,945		0.5%		(2,055)
Monroe Capital Income Plus Class I								78,508		800,000		767,026		3.8%		(32,974)
Partners Group Private Equity (Master Fund), LLC Class I								353,289		800,000		767,486		3.8%		(32,514)
Stepstone Infrastructure Fund Class I								332,164		5,000,000		5,208,324		25.8%		208,324
TOTAL PRIVATE FUNDS										$ 12,675,000		$ 13,003,587		64.4%		$ 328,587
STRUCTURED NOTES - 3.7%		Reference Asset		Coupon Rate (d)		Maturity Date		Principal Amount
BNP Paribas Structured Note		The Dow Jones Industrial Average Index and the S&P 500 Index		12% Per annum		5/13/2027		740,000		$ 740,000		$ 737,854		3.7%		$ (2,146)
										$ 740,000		$ 737,854		3.7%		$ (2,146)
PUT OPTIONS PURCHASED - 0.2%		Expiration Date		Exercise Price		Notional Amount		Contracts (e)
INDEX OPTIONS PURCHASED - 0.2%
S&P 500 Index		5/21/2027		$ 7,350		$       74,936		1		$ 43,942		$ 34,690		0.2%		$ (9,252)
										$ 43,942		$ 34,690		0.2%		$ (9,252)
SHORT-TERM INVESTMENTS - 2.6%
MONEY MARKET FUNDS - 2.6%								Shares
Federated Government Obligations Fund, Institutional Class, 3.50% (a)(f)								519,711		519,711		519,711		2.6%		-
TOTAL SHORT-TERM INVESTMENTS										$ 519,711		$ 519,711		2.6%		$ -
TOTAL INVESTMENTS - 84.5% (Cost - $16,726,694)												$ 17,038,530
ASSETS IN EXCESS OF OTHER LIABILITIES - 15.5%												3,138,669
NET ASSETS - 100.0%												$ 20,177,199
LLC - Limited Liability Company
LP - Limited Partnership
(a)	All or a portion of this security is held as collateral for options.
(b)	Securities restricted to resale and are deemed illiquid.
(c)	Non-income producing security.
(d)	Conditional coupon rate. If on any coupon valuation date the closing level of each unnderlying asset is greater than or equal to 70% of its initial level, the conditional coupon for each $1,000 principal amount of notes will equal $1,000 multiplied by the conditional coupon rate, paid on the relevant coupon payment date on a 30/360 unadjusted basis.
(e)	Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.
(f)	Rate disclosed is the seven-day effective yield as of June 30, 2026.