Atlas U.S. Tactical Income Fund NPORTP Monthly portfolio investment report

ATLAS U.S. TACTICAL INCOME FUND
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2023

Shares		Fair Value
	COMMON STOCKS — 15.1%
	BANKING - 1.2%
22,362	Bank of America Corporation	$ 641,565
13,051	Fifth Third Bancorp	342,067
		983,632
	CABLE & SATELLITE - 0.6%
12,107	Comcast Corporation, Class A	503,046

	ENTERTAINMENT CONTENT - 0.8%
7,056	Walt Disney Company^(a)	629,960

	HEALTH CARE REIT - 0.3%
22,861	Medical Properties Trust, Inc.	211,693

	MORTGAGE FINANCE - 10.2%
396,182	AGNC Investment Corporation	4,013,324
216,613	Annaly Capital Management, Inc.	4,334,426
		8,347,750
	OFFICE REIT - 0.0%^(b)
1,071	Orion Office REIT, Inc.	7,079

	RETAIL - CONSUMER STAPLES - 0.2%
1,246	Target Corporation	164,347

	SEMICONDUCTORS - 0.5%
13,835	Intel Corporation	462,642

	TECHNOLOGY SERVICES - 0.5%
6,345	PayPal Holdings, Inc.^(a)	423,402

	TELECOMMUNICATIONS - 0.8%
1,361	T-Mobile US, Inc.^(a)	189,043
12,151	Verizon Communications, Inc.	451,896
		640,939

ATLAS U.S. TACTICAL INCOME FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2023

Shares						Fair Value
	COMMON STOCKS — 15.1% (Continued)
	TELECOMMUNICATIONS - 0.8% (Continued)

	TOTAL COMMON STOCKS (Cost $18,715,676)					$ 12,374,490

Principal Amount ($)		Spread	Coupon Rate (%)		Maturity
	CORPORATE BONDS — 53.6%
	ASSET MANAGEMENT — 3.7%
3,000,000	Charles Schwab Corporation^(c)	SOFRRATE + 2.500%		5.8530	05/19/34	3,044,870

	BANKING — 27.2%
2,400,000	Bank of America Corporation^(c)	H15T5Y + 1.200%		2.4820	09/21/36	1,832,512
4,600,000	Bank of America Corporation^(c)	H15T5Y + 2.000%		3.8460	03/08/37	3,934,954
1,250,000	Citigroup, Inc.			6.6250	06/15/32	1,321,966
1,000,000	Citigroup, Inc.^(c)	SOFRRATE + 2.661%		6.1740	05/25/34	1,007,855
3,000,000	Citigroup, Inc.			6.1250	08/25/36	3,050,931
100,000	JPMorgan Chase & Company			4.2500	10/01/27	96,945
5,900,000	JPMorgan Chase & Company^(c)	SOFRRATE + 2.580%		5.7170	09/14/33	5,978,900
3,500,000	US Bancorp Series BB^(c)	SOFRRATE + 2.110%		4.9670	07/22/33	3,170,592
1,750,000	Wells Fargo Bank NA			6.6000	01/15/38	1,901,518
						22,296,173
	INSTITUTIONAL FINANCIAL SERVICES — 10.3%
1,750,000	Goldman Sachs Group, Inc.			6.7500	10/01/37	1,882,851
6,900,000	Morgan Stanley^(c)	SOFRRATE + 2.620%		5.2970	04/20/37	6,529,630
						8,412,481
	SPECIALTY FINANCE — 12.4%
4,000,000	American Express Company^(c)	SOFRRATE + 2.255%		4.9890	05/26/33	3,833,425
6,725,000	Capital One Financial Corporation^(c)	SOFRRATE + 2.370%		5.2680	05/10/33	6,296,888
						10,130,313

	TOTAL CORPORATE BONDS (Cost $45,802,965)					43,883,837

ATLAS U.S. TACTICAL INCOME FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2023

Principal Amount ($)		Coupon Rate (%)	Maturity	Fair Value
	U.S. GOVERNMENT & AGENCIES — 102.5%
	AGENCY FIXED RATE — 98.4%
1,981,692	Fannie Mae Pool	5.5000	11/01/52	$ 1,976,862
5,766,862	Fannie Mae Pool^(e)	5.5000	03/01/53	5,802,514
295,280	Ginnie Mae I Pool	6.5000	10/15/37	302,116
832,718	Ginnie Mae I Pool^(e)	4.0000	01/15/46	820,624
1,156,888	Ginnie Mae I Pool	4.0000	01/15/48	1,112,676
644,846	Ginnie Mae I Pool	4.0000	03/15/48	619,258
756,632	Ginnie Mae I Pool	4.0000	04/15/48	725,673
714,019	Ginnie Mae I Pool	4.5000	05/15/48	693,617
969,052	Ginnie Mae I Pool	4.5000	02/15/49	949,754
2,348,484	Ginnie Mae I Pool	4.0000	07/15/49	2,252,381
42,579	Ginnie Mae I Pool	4.5000	02/15/50	41,731
2,337,912	Ginnie Mae I Pool^(e)	6.0000	06/15/53	2,454,745
1,288,416	Ginnie Mae II Pool^(e)	4.0000	09/20/47	1,224,822
1,022,365	Ginnie Mae II Pool^(e)	4.5000	02/20/48	989,869
814,139	Ginnie Mae II Pool	4.0000	03/20/48	785,864
1,252,695	Ginnie Mae II Pool	4.0000	03/20/48	1,198,731
575,912	Ginnie Mae II Pool^(e)	4.5000	09/20/48	562,303
1,409,095	Ginnie Mae II Pool	4.5000	02/20/49	1,375,796
7,317,145	Ginnie Mae II Pool^(e)	5.5000	10/20/52	7,460,892
1,986,195	Ginnie Mae II Pool^(e)	6.5000	10/20/52	2,108,668
2,053,782	Ginnie Mae II Pool^(e)	5.0000	02/20/53	2,061,580
1,381,781	Ginnie Mae II Pool^(e)	5.5000	02/20/53	1,408,927
1,003,045	Ginnie Mae II Pool	6.5000	02/20/53	1,064,989
1,762,540	Ginnie Mae II Pool^(e)	6.5000	02/20/53	1,871,384
2,064,217	Ginnie Mae II Pool^(e)	5.0000	03/20/53	2,072,055
1,643,241	Ginnie Mae II Pool^(e)	6.0000	03/20/53	1,719,091
2,653,419	Ginnie Mae II Pool^(e)	6.5000	03/20/53	2,817,259
5,139,934	Ginnie Mae II Pool^(e)	6.5000	03/20/53	5,457,328
1,423,745	Ginnie Mae II Pool^(e)	6.5000	03/20/53	1,511,650
2,038,479	Ginnie Mae II Pool^(e)	5.0000	04/20/53	2,046,239
1,784,862	Ginnie Mae II Pool^(e)	5.5000	04/20/53	1,819,992
1,099,878	Ginnie Mae II Pool^(e)	5.5000	04/20/53	1,121,526
1,233,211	Ginnie Mae II Pool	6.0000	04/20/53	1,290,244
1,030,598	Ginnie Mae II Pool	5.5000	06/20/53	1,050,883

ATLAS U.S. TACTICAL INCOME FUND
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
June 30, 2023

Principal Amount ($)			Coupon Rate (%)	Maturity	Fair Value
	U.S. GOVERNMENT & AGENCIES — 102.5% (Continued)
	AGENCY FIXED RATE — 98.4% (Continued)
1,746,830	Ginnie Mae II Pool		5.5000	06/20/53	$ 1,781,206
2,679,369	Ginnie Mae II Pool		5.5000	06/20/53	2,732,106
1,116,712	Ginnie Mae II Pool		5.5000	06/20/53	1,138,688
1,183,160	Ginnie Mae II Pool^(e)		6.0000	01/20/53	1,237,783
1,198,192	Ginnie Mae II Pool^(e)		6.0000	06/20/53	1,253,605
1,116,422	Ginnie Mae II Pool^(e)		6.5000	06/20/53	1,185,483
10,004,263	Ginnie Mae II Pool^(e)		6.0000	06/20/53	10,466,911
					80,567,825
	AGENCY MBS OTHER — 4.1%
1,706,475	Ginnie Mae II Pool^(e)		5.0000	05/20/53	1,712,971
1,627,976	Ginnie Mae II Pool^(e)		5.5000	05/20/53	1,660,019
					3,372,990

	TOTAL U.S. GOVERNMENT & AGENCIES (Cost $85,170,512)				83,940,815

Contracts^(d)
	EQUITY OPTIONS PURCHASED^(a) - 0.1%	Expiration Date	Exercise Price	Notional Value
	CALL OPTIONS PURCHASED - 0.1%
495	iShares 20+ Year Treasury Bond ETF	12/15/2023	$ 110	$ 5,095,530	$ 107,910
	TOTAL CALL OPTIONS PURCHASED (Cost - $119,062)

	TOTAL EQUITY OPTIONS PURCHASED (Cost - $119,062)				107,910

	TOTAL INVESTMENTS - 171.3% (Cost $149,808,215)				$ 140,307,052
	LIABILITIES IN EXCESS OF OTHER ASSETS - (71.3)%				(58,395,141)
	NET ASSETS - 100.0%				$ 81,911,911

OPEN FUTURES CONTRACTS
Number of Contracts	Open Short Futures Contracts		Expiration	Notional Amount	Unrealized Appreciation
40	CBOT 10 Year US Treasury Note		09/20/2023	$ 4,490,624	$ 63,673
	TOTAL FUTURES CONTRACTS

ATLAS U.S. TACTICAL INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

June 30, 2023


REVERSE REPURCHASE AGREEMENTS
Principal Amount ($)	Counterparty	Acquired Date	Interest (%)	Maturity	Fair Value
$ (32,600,000)	INTL FCStone	6/28/2023	5.3000	7/5/2023	$ (32,600,000)
(2,899,000)	Santander	6/7/2023	5.4500	7/10/2023	(2,899,000)
(23,339,000)	South Street	6/7/2023	5.4000	7/10/2023	(23,339,000)
TOTAL REVERSE REPURCHASE AGREEMENTS (Proceeds $58,838,000)					$ (58,838,000)

REIT	- Real Estate Investment Trust
H15T5Y	US Treasury Yield Curve Rate T Note Constant Maturity 5 Year
SOFRRATE	United States SOFR Secured Overnight Financing Rate

^(a)	Non-income producing security.
^(b)	Percentage rounds to less than 0.1%.
^(c)	Variable rate security; the rate shown represents the rate on June 30, 2023.
^(d)	Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.
^(e)	This security has been pledged as collateral for securities sold under agreements to repurchase of $62,848,240.

Atlas U.S. Tactical Income Fund NPORT-PMonthly portfolio investment report