Huber Mid Cap Value Fund
Schedule of Investments
July 31, 2026 (Unaudited)

COMMON STOCKS - 99.0%

Shares  

Value  
Asset Management - 0.1%

Virtus Investment Partners, Inc.

            109

    $        17,369






Banking - 20.9%

Citigroup, Inc.

            6,300

             834,435
First Citizens BancShares, Inc. - Class A

            350

             765,327
First Horizon Corp.

            21,417

             549,132
Truist Financial Corp.

            10,000

             518,400




             2,667,294






Banks - 1.7%

SOUTHSTATE BANK CORP

            2,052

             215,645






Biotech & Pharmaceuticals - 3.8%

GSK PLC - ADR

            9,300

             480,717






Consumer Services - 2.0%

Upbound Group, Inc.

            13,339

             258,643






Electric Utilities - 1.9%

Constellation Energy Corp.

            600

             157,650
Entergy Corp.

            800

             86,096




             243,746






Health Care Facilities & Services - 5.0%

Tenet Healthcare Corp. (a)

            2,500

             636,950






Industrial Support Services - 4.2%

United Rentals, Inc.

            500

             539,630






Insurance - 1.9%

CNO Financial Group, Inc.

            4,510

             248,456






Internet - 8.0%

F5 Networks, Inc. (a)

            1,800

             724,626
VeriSign, Inc.

            1,000

             290,020




             1,014,646






Internet Media & Services - 0.6%

Lyft, Inc. - Class A (a)

            5,093

             80,775






Oil & Gas Producers - 13.0%

BP PLC - ADR

            3,000

             135,660
Cheniere Energy, Inc.

            700

             184,499
Golar LNG Ltd.

            27,339

             1,343,712




             1,663,871






Oil & Gas Services & Equipment - 8.6%

TETRA Technologies, Inc. (a)

            142,924

             1,100,515








Software - 0.2%

Weave Communications, Inc. (a)

            3,000

             19,620






Specialty Finance - 11.8%

Enova International, Inc. (a)

            5,904

             1,500,443






Technology Services - 6.0%

KBR, Inc.

            19,994

             731,980
Science Applications International Corp.

            300

             35,139




             767,119






Transportation - 1.2%

Fedex Freight Holding Co., Inc. (a)

            1,100

             154,583






Transportation & Logistics - 5.3%

FedEx Corp.

            2,200

             676,280






Transportation Equipment - 2.8%

General Motors Co.

            4,000

             355,440
TOTAL COMMON STOCKS (Cost $4,670,411)

             12,641,742






REAL ESTATE INVESTMENT TRUSTS - 0.6%

Shares  

Value  
REITS - 0.6%

Granite Real Estate Investment Trust

            1,100

             75,494
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $29,535)

             75,494






SHORT-TERM INVESTMENTS
MONEY MARKET FUNDS - 0.5%
Shares  

Value  
First American Government Obligations Fund - Class X, 3.58% (b)

            62,004

             62,004
TOTAL MONEY MARKET FUNDS (Cost $62,004)

             62,004






TOTAL INVESTMENTS - 100.1% (Cost $4,761,950)

             12,779,240
Liabilities in Excess of Other Assets - (0.1)%
(0.00104)
            (13,263)
TOTAL NET ASSETS - 100.0%




    $        12,765,977


Percentages are stated as a percent of net assets.




ADR - American Depositary Receipt
REIT - Real Estate Investment Trust




(a)

Non-income producing security.
(b)

The rate shown represents the 7-day annualized yield as of July 31, 2026.














Summary of Fair Value Disclosure as of July 31, 2026 (Unaudited)
 
Huber Mid Cap Value Fund has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of July 31, 2026:



Level 1

Level 2

Level 3

Total
Investments:







  Common Stocks
    $        12,641,742

    $        –

    $        –

    $        12,641,742
  Real Estate Investment Trusts
            75,494

            –

            –

            75,494
  Money Market Funds
            62,004

            –

            –

            62,004
Total Investments
    $        12,779,240

    $        –

    $        –

    $        12,779,240