Mutual Fund & Variable Insurance Trust NPORTP Rational Special Situations Income Fund (Sep 2024 report)

RATIONAL EQUITY ARMOR FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 65.9%
		AUTOMOTIVE - 2.3%
	3,063	Tesla, Inc.^(a)	$	801,373

		BANKING - 4.7%
	7,852	JPMorgan Chase & Company		1,655,673

		BIOTECH & PHARMA - 1.9%
	2,022	Johnson & Johnson		327,686
	2,865	Merck & Company, Inc.		325,349
				653,035
		E-COMMERCE DISCRETIONARY - 4.7%
	8,848	Amazon.com, Inc.^(a)		1,648,648

		INSURANCE - 8.7%
	2	Berkshire Hathaway, Inc., Class A^(a)		1,382,360
	3,639	Berkshire Hathaway, Inc., Class B^(a)		1,674,886
				3,057,246
		INTERNET MEDIA & SERVICES - 10.0%
	10,432	Alphabet, Inc., Class A		1,730,147
	3,115	Meta Platforms, Inc., Class A		1,783,151
				3,513,298
		OIL & GAS PRODUCERS - 4.0%
	11,942	Exxon Mobil Corporation		1,399,841

		RETAIL - CONSUMER STAPLES - 3.8%
	16,455	Walmart, Inc.		1,328,741

		SEMICONDUCTORS - 9.1%
	1,515	Advanced Micro Devices, Inc.^(a)		248,581
	382	ASML Holding N.V.		318,301
	2,843	Broadcom, Inc.		490,418
	10,466	Intel Corporation		245,532
	1,089	Micron Technology, Inc.		112,940
	9,193	NVIDIA Corporation		1,116,397
	2,750	QUALCOMM, Inc.		467,638

RATIONAL EQUITY ARMOR FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 65.9% (Continued)
		SEMICONDUCTORS - 9.1% (Continued)
	1,371	Taiwan Semiconductor Manufacturing Company Ltd. - ADR	$	238,102
				3,237,909
		SOFTWARE - 7.1%
	3,814	Microsoft Corporation		1,641,165
	11,452	Palantir Technologies, Inc., Class A^(a)		426,014
	1,223	Palo Alto Networks, Inc.^(a)		418,021
				2,485,200
		TECHNOLOGY HARDWARE - 5.6%
	7,713	Apple, Inc.		1,797,129
	3,557	Corning, Inc.		160,599
				1,957,728
		TECHNOLOGY SERVICES - 4.0%
	6,351	International Business Machines Corporation		1,404,079

		TOTAL COMMON STOCKS (Cost $18,487,251)		23,142,771

		EXCHANGE-TRADED FUNDS — 24.1%
		EQUITY - 24.1%
	749	Financial Select Sector SPDR Fund		33,945
	6,514	Health Care Select Sector SPDR Fund		1,003,286
	8,012	iShares Cybersecurity and Tech ETF		390,505
	6,290	iShares S&P 500 Value ETF		1,240,199
	9,536	iShares U.S. Aerospace & Defense ETF		1,426,967
	1,038	SPDR S&P 500 ETF Trust		595,563
	6,841	Technology Select Sector SPDR Fund		1,544,424
	2,729	Vanguard Information Technology ETF		1,600,613
	1,188	Vanguard S&P 500 ETF		626,872
				8,462,374

		TOTAL EXCHANGE-TRADED FUNDS (Cost $8,032,654)		8,462,374

RATIONAL EQUITY ARMOR FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		SHORT-TERM INVESTMENTS — 6.6%
		MONEY MARKET FUNDS - 6.6%
	2,320,711	First American Treasury Obligations Fund, Class X, 4.81% (Cost $2,320,711)^(b)	$	2,320,711

Contracts^(c)			Broker/ Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		FUTURE OPTIONS PURCHASED - 1.2%
		CALL OPTIONS PURCHASED - 1.0%
	75	S&P Emini Future, Maturing December 2024	WED	10/18/2024	$	5,770	$	21,637,500	$	348,750
		TOTAL CALL OPTIONS PURCHASED (Cost - $180,938)

		PUT OPTIONS PURCHASED - 0.2%
	75	S&P Emini Future, Maturing December 2024	WED	11/15/2024	$	5,100	$	19,125,000	$	60,938
	33	S&P Emini Future, Maturing December 2024	WED	10/18/2024		5,550		9,157,500		23,925
		TOTAL PUT OPTIONS PURCHASED (Cost - $422,550)								84,863

		TOTAL FUTURE OPTIONS PURCHASED (Cost - $603,488)								433,613

		TOTAL INVESTMENTS - 97.8% (Cost $29,444,104)							$	34,359,469
		CALL OPTIONS WRITTEN - (1.3)% (Premiums received - $189,750)								(458,700	)
		PUT OPTIONS WRITTEN — (0.0)%^(d) (Premiums received - $2,263)								(1,163	)
		OTHER ASSETS IN EXCESS OF LIABILITIES- 3.5%								1,239,642
		NET ASSETS - 100.0%							$	35,139,248

Contracts^(c)			Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN FUTURE OPTIONS - (1.3)%
		CALL OPTIONS WRITTEN- (1.3)%
	33	S&P Emini Future, Maturing December 2024	WED	10/18/2024	$	5,550	$	9,157,500	$	458,700
		TOTAL CALL OPTIONS WRITTEN (Proceeds - $189,750)

		PUT OPTIONS WRITTEN — (0.0)%^(d)
	1	S&P Emini Future, Maturing December 2024	WED	12/20/2024	$	4,900	$	245,000	$	1,163
		TOTAL PUT OPTIONS WRITTEN (Proceeds - $2,263)

		TOTAL FUTURE OPTIONS WRITTEN (Proceeds - $192,013)							$	459,863

RATIONAL EQUITY ARMOR FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount^(e)		Value and Unrealized Appreciation
	38	CBOE Volatility Index Future	10/16/2024	$	716,015	$	31,171
	76	CBOE Volatility Index Future	11/21/2024		1,375,410		16,786
		TOTAL FUTURES CONTRACTS				$	47,957

ADR	- American Depositary Receipt

ETF	- Exchange-Traded Fund

LTD	- Limited Company

NV	- Naamioze Vennootschap

SPDR	- Standard & Poor’s Depositary Receipt

WED	- Wedbush Securities

^(a)

Non-income producing security.

^(b)

Rate disclosed is the seven day effective yield as of September 30, 2024.

^(c)

Each contract is equivalent to one futures contract.

^(d)

Percentage rounds to greater than (0.1%).

^(e)

The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund’s futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

RATIONAL TACTICAL RETURN FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Principal			Discount Rate
Amount ($)			(%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCIES — 35.9%
		U.S. TREASURY BILLS — 35.9%
	15,000,000	United States Treasury Bill^(a)	3.0984	10/03/24	$	14,996,127
	15,000,000	United States Treasury Bill^(a),(d)	4.4588	12/26/24		14,838,369
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $29,820,567)				29,834,496

Shares
		SHORT-TERM INVESTMENTS — 48.4%
		MONEY MARKET FUNDS - 48.4%
	40,299,454	First American Treasury Obligations Fund, Class X, 4.81% (Cost $40,299,454)^(b)	40,299,454

Contracts^(c)			Broker/ Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		FUTURE OPTIONS PURCHASED - 0.1%
		PUT OPTIONS PURCHASED - 0.1%
	1,200	S&P Emini Future, Maturing December 2024	ADM	10/02/2024	$	4,650	$	279,000,000	$	3,000
	700	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		4,650		162,750,000		1,750
	400	S&P Emini Future, Maturing December 2024	ADM	10/02/2024		4,700		94,000,000		1,000
	648	S&P Emini Future, Maturing December 2024	ADM	10/02/2024		5,160		167,184,000		3,240
	360	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		5,160		92,880,000		1,800
	648	S&P Emini Future, Maturing December 2024	ADM	10/04/2024		5,000		162,000,000		8,100
	360	S&P Emini Future, Maturing December 2024	FCS	10/04/2024		5,000		90,000,000		4,500
	648	S&P Emini Future, Maturing December 2024	ADM	10/08/2024		5,075		164,430,000		27,540
	360	S&P Emini Future, Maturing December 2024	FCS	10/08/2024		5,075		91,350,000		15,300
		TOTAL PUT OPTIONS PURCHASED (Cost - $151,910)								66,230

		TOTAL FUTURE OPTIONS PURCHASED (Cost - $151,910)								66,230

		TOTAL INVESTMENTS - 84.4% (Cost $70,271,931)							$	70,200,180
		PUT OPTIONS WRITTEN — (0.1)% (Premiums received - $241,920)								(105,840	)
		OTHER ASSETS IN EXCESS OF LIABILITIES- 15.7%								13,055,453
		NET ASSETS - 100.0%							$	83,149,793

RATIONAL TACTICAL RETURN FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Contracts^(c)			Counterparty	Expiration Date	Exercise Price		Notional Value		Fair Value
		WRITTEN FUTURE OPTIONS — (0.1)%
		PUT OPTIONS WRITTEN — (0.1)%
	1,296	S&P Emini Future, Maturing December 2024	ADM	10/02/2024	$	5,080	$	329,184,000	$	6,480
	720	S&P Emini Future, Maturing December 2024	FCS	10/02/2024		5,080		182,880,000		3,600
	1,296	S&P Emini Future, Maturing December 2024	ADM	10/04/2024		4,920		318,816,000		12,960
	720	S&P Emini Future, Maturing December 2024	FCS	10/04/2024		4,920		177,120,000		7,200
	1,296	S&P Emini Future, Maturing December 2024	ADM	10/08/2024		4,975		322,380,000		48,600
	720	S&P Emini Future, Maturing December 2024	FCS	10/08/2024		4,975		179,100,000		27,000
		TOTAL PUT OPTIONS WRITTEN (Proceeds - $241,920)								105,840

		TOTAL FUTURE OPTIONS WRITTEN (Proceeds - $241,920)							$	105,840

ADM	ADM Investor Services, Inc.

FCS	StoneX Group, Inc.

^(a)

Zero coupon bond.

^(b)

Rate disclosed is the seven day effective yield as of September 30, 2024.

^(c)

Each contract is equivalent to one futures contract.

^(d)

As of September 30, 2024 a portion is held as collateral for options with a market value of $7,913,797.

RATIONAL DYNAMIC BRANDS FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.6%
		APPAREL & TEXTILE PRODUCTS - 3.9%
	6,000	Hermes International - ADR	$	1,481,640
	9,300	LVMH Moet Hennessy Louis Vuitton S.E. - ADR		1,428,573
				2,910,213
		ASSET MANAGEMENT - 15.4%
	37,200	Apollo Global Management, Inc.		4,646,652
	22,000	Blackstone, Inc.		3,368,860
	27,900	KKR & Company, Inc.		3,643,182
				11,658,694
		BIOTECH & PHARMA - 4.2%
	3,600	Eli Lilly & Company		3,189,384

		E-COMMERCE DISCRETIONARY - 17.0%
	50,395	Amazon.com, Inc.^(a)		9,390,100
	1,700	MercadoLibre, Inc.^(a)		3,488,332
				12,878,432
		ENTERTAINMENT CONTENT - 1.8%
	14,200	Walt Disney Company (The)		1,365,898

		HOUSEHOLD PRODUCTS - 3.8%
	32,200	L’Oreal S.A. - ADR		2,890,272

		INTERNET MEDIA & SERVICES - 15.8%
	18,150	Alphabet, Inc., Class A		3,010,178
	6,250	Meta Platforms, Inc., Class A		3,577,750
	4,700	Netflix, Inc.^(a)		3,333,569
	27,100	Uber Technologies, Inc.^(a)		2,036,836
				11,958,333
		LEISURE FACILITIES & SERVICES - 10.9%
	50,350	Chipotle Mexican Grill, Inc.^(a)		2,901,167
	53,000	DraftKings, Inc., Class A^(a)		2,077,600
	29,850	Live Nation Entertainment, Inc.^(a)		3,268,277
				8,247,044
		RETAIL - CONSUMER STAPLES - 9.8%
	3,699	Costco Wholesale Corporation		3,279,237

RATIONAL DYNAMIC BRANDS FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 99.6% (Continued)
		RETAIL - CONSUMER STAPLES - 9.8% (Continued)
	5,250	Target Corporation	$	818,265
	41,500	Walmart, Inc.		3,351,125
				7,448,627
		RETAIL - DISCRETIONARY — 3.0%
	5,500	Home Depot, Inc. (The)		2,228,600

		SOFTWARE - 9.2%
	1,000	Adobe, Inc.^(a)		517,780
	1,000	Intuit, Inc.		621,000
	7,447	Microsoft Corporation		3,204,444
	15,500	Oracle Corporation		2,641,200
				6,984,424
		TECHNOLOGY HARDWARE - 4.8%
	15,600	Apple, Inc.		3,634,800

		TOTAL COMMON STOCKS (Cost $53,743,665)		75,394,721

		SHORT-TERM INVESTMENTS — 6.5%
		MONEY MARKET FUNDS - 6.5%
	4,904,409	First American Treasury Obligations Fund, Class X, 4.81% (Cost $4,904,409)^(b)		4,904,409

		TOTAL INVESTMENTS - 106.1% (Cost $58,648,074)	$	80,299,130
		LIABILITIES IN EXCESS OF OTHER ASSETS - (6.1)%		(4,625,201	)
		NET ASSETS - 100.0%	$	75,673,929

ADR	- American Depositary Receipt

^(a)

Non-income producing security.

^(b)

Rate disclosed is the seven day effective yield as of September 30, 2024.

RATIONAL STRATEGIC ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		OPEN END FUNDS — 81.3%
		ALTERNATIVE - 72.5%
	684,115	Catalyst Systematic Alpha Fund^(a)	$	8,307,409

		FIXED INCOME - 8.8%
	94,758	Catalyst/CIFC Senior Secured Income Fund, Class I ARS^(a)		876,513
	11,995	Rational/Pier 88 Convertible Securities Fund, Institutional Class ARS^(a)		134,101
				1,010,614

		TOTAL OPEN END FUNDS (Cost $9,412,076)		9,318,023

Principal

Discount Rate

Amount ($)

(%)

Maturity

U.S. GOVERNMENT & AGENCIES — 5.0%

U.S. TREASURY BILLS — 5.0%

600,000

United States Treasury Bill^(b)

3.8373

09/04/25

578,319

TOTAL U.S. GOVERNMENT & AGENCIES (Cost $579,044)

578,319

Shares
		SHORT-TERM INVESTMENTS — 4.0%
		MONEY MARKET FUNDS - 4.0%
	454,221	First American Treasury Obligations Fund, Class X, 4.81% (Cost $454,221)^(c)		454,221

		TOTAL INVESTMENTS - 90.3% (Cost $10,445,341)	$	10,350,563
		OTHER ASSETS IN EXCESS OF LIABILITIES- 9.7%		1,110,216
		NET ASSETS - 100.0%	$	11,460,779

OPEN FUTURES CONTRACTS

Number of
Contracts

Open Long Futures Contracts

Expiration

Notional
Amount^(d)

Value and
Unrealized
Appreciation

CME E-Mini Standard & Poor’s 500 Index Future

12/23/2024

11,628,500

267,180

TOTAL OPEN LONG FUTURES CONTRACTS

RATIONAL STRATEGIC ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

^(a)

Affiliated Company.

^(b)

Zero coupon bond.

^(c)

Rate disclosed is the seven day effective yield as of September 30, 2024.

^(d)

RATIONAL/RESOLVE ADAPTIVE ASSET ALLOCATION FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Principal			Discount Rate
Amount ($)			(%)	Maturity	Fair Value
		U.S. GOVERNMENT & AGENCIES — 55.2%
		U.S. TREASURY BILLS — 55.2%
	17,200,000	United States Treasury Bill^(a)	4.1873	10/10/24	$	17,179,994
	20,800,000	United States Treasury Bill^(a)	4.5689	11/07/24		20,699,687
	7,200,000	United States Treasury Bill^(a)	4.4584	12/05/24		7,141,149
		TOTAL U.S. GOVERNMENT & AGENCIES (Cost $45,006,768)				45,020,830

Shares
		SHORT-TERM INVESTMENTS — 31.4%
		MONEY MARKET FUNDS - 31.4%
	25,644,402	First American US Treasury Money Market Fund, Class Z, 4.91%^(b),(d)		25,644,402
		TOTAL MONEY MARKET FUNDS (Cost $25,644,402)		25,644,402


		TOTAL INVESTMENTS - 86.6% (Cost $70,651,170)	$	70,665,232
		OTHER ASSETS IN EXCESS OF LIABILITIES- 13.4%		10,927,281
		NET ASSETS - 100.0%	$	81,592,513

OPEN FUTURES CONTRACTS
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount^(c)		Value and Unrealized Appreciation (Depreciation)
	38	CBOE Volatility Index Future^(d)	10/16/2024	$	716,015	$	(20,835	)
	25	CBOE Volatility Index Future^(d)	11/21/2024		452,438		(12,413	)
	14	CBOE Volatility Index Future^(d)	12/19/2024		251,908		(5,442	)
	243	CBOT 10 Year US Treasury Note Future	12/20/2024		27,770,344		(57,109	)
	446	CBOT 5 Year US Treasury Note Future	01/01/2025		49,007,736		41,274
	31	CBOT Soybean Meal Future^(d)	12/16/2024		1,058,960		(2,210	)
	7	CBOT Soybean Meal Future^(d)	03/17/2025		240,030		(130	)
	58	CBOT Wheat Future^(d)	12/13/2024		1,693,600		21,662
	14	CBOT Wheat Future^(d)	03/17/2025		422,975		5,450
	14	CME Australian Dollar Currency Future	12/17/2024		969,430		(1,935	)
	342	CME British Pound Currency Future	12/17/2024		28,586,925		247,294
	135	CME Euro Foreign Exchange Currency Future	12/17/2024		18,843,469		(7,596	)
	61	COMEX Gold 100 Troy Ounces Future^(d)	12/30/2024		16,222,340		1,091,970
	35	COMEX Silver Future^(d)	12/30/2024		5,505,150		152,750
	2	Eurex 10 Year Euro BUND Future	12/09/2024		300,457		—
	5	Eurex 30 Year Euro BUXL Future	12/09/2024		758,713		4,794
	125	Eurex 5 Year Euro BOBL Future	12/09/2024		16,708,885		20,959

RATIONAL/RESOLVE ADAPTIVE ASSET ALLOCATION FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Long Futures Contracts	Expiration	Notional Amount^(c)		Value and Unrealized Appreciation (Depreciation)
	84	Eurex EURO STOXX 50 Future	12/23/2024	$	4,704,599	$	128,237
	11	Euro-BTP Italian Bond Futures	12/09/2024		1,487,774		34,645
	186	Euronext Milling Wheat Future^(d)	12/10/2024		2,301,442		12,377
	17	French Government Bond Futures	12/09/2024		2,400,935		17,419
	66	FTSE 100 Index Future	12/23/2024		7,313,871		(60,334	)
	41	FTSE/MIB Index Future	12/23/2024		7,772,925		(53,596	)
	74	FVSA Index - Mini-Futures on VSTOXX^(d)	11/21/2024		150,785		4,130
	24	HKG Hang Seng Index Future	10/31/2024		3,284,652		412,082
	87	MEFF Madrid IBEX 35 Index Future	10/21/2024		11,519,338		148,503
	33	NYBOT CSC C Coffee Future^(d)	12/19/2024		3,344,344		60,206
	8	NYBOT CSC C Coffee Future^(d)	03/20/2025		803,850		17,662
	364	NYBOT CSC Number 11 World Sugar Future^(d)	02/28/2025		9,160,569		1,138,805
	20	NYMEX Light Sweet Crude Oil Future^(d)	10/23/2024		1,363,400		(24,220	)
	8	NYMEX NY Harbor ULSD Futures^(d)	11/01/2024		723,878		(286	)
	34	NYMEX Reformulated Gasoline Blendstock for Oxygen Blending Future^(d)	11/01/2024		2,763,323		(37,094	)
	88	SGX FTSE China A50 Futures Contract	10/31/2024		1,223,200		232,848
	2	SGX Nikkei 225 Stock Index Future	12/13/2024		263,281		10,361
	15	TSE Japanese 10 Year Bond Futures	12/16/2024		15,096,539		21,664
	19	TSE TOPIX (Tokyo Price Index) Future	12/13/2024		3,499,913		85,235
		TOTAL OPEN LONG FUTURES CONTRACTS				$	3,627,127

OPEN FUTURES CONTRACTS
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount^(c)		Value and Unrealized Appreciation (Depreciation)
	15	Carbon Emissions Future^(d)	12/16/2024	$	1,094,978	$	(12,893	)
	15	CBOT Corn Future^(d)	03/17/2025		330,938		(11,850	)
	63	CBOT Corn Future^(d)	12/13/2024		1,337,962		(53,775	)
	21	CBOT Soybean Future^(d)	01/15/2025		1,129,013		(52,463	)
	87	CBOT Soybean Future^(d)	11/14/2024		4,597,950		(214,725	)
	29	CBOT Soybean Oil Future^(d)	01/15/2025		753,768		(12,558	)
	70	CBOT Soybean Oil Future^(d)	12/13/2024		1,819,020		(40,338	)
	25	CBOT US Treasury Bond Futures	12/20/2024		3,104,688		6,031
	240	CME Canadian Dollar Currency Future	12/18/2024		17,781,600		14,480
	13	CME E-mini Russell 2000 Index Futures	12/23/2024		1,461,980		6,945
	10	CME E-Mini Standard & Poor’s 500 Index Future	12/23/2024		2,907,125		(4,162	)
	12	CME Japanese Yen Currency Future	12/17/2024		1,054,575		(7,444	)
	27	CME New Zealand Dollar Currency Future	12/17/2024		1,715,715		(14,925	)
	4	CME Nikkei 225 Index Future	12/13/2024		765,300		(1,250	)
	90	CME Swiss Franc Currency Future	12/17/2024		13,399,313		518
	28	COMEX Copper Future^(d)	12/30/2024		3,187,100		(74,513	)
	7	COMEX Copper Future^(d)	03/28/2025		800,450		(9,137	)
	4	Eurex DAX Index Future	12/23/2024		2,171,584		(58,014	)
	5	Euronext CAC 40 Index Future	10/21/2024		425,871		8,591
	64	ICE Brent Crude Oil Future^(d)	10/31/2024		4,588,800		(25,350	)
	75	ICE Gas Oil Future^(d)	11/13/2024		4,951,875		4,525

RATIONAL/RESOLVE ADAPTIVE ASSET ALLOCATION FUND

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

OPEN FUTURES CONTRACTS (Continued)
Number of Contracts		Open Short Futures Contracts	Expiration	Notional Amount^(c)		Value and Unrealized Appreciation (Depreciation)
	21	KCBT Hard Red Winter Wheat Future^(d)	03/17/2025	$	628,163	$	(9,125	)
	90	KCBT Hard Red Winter Wheat Future^(d)	12/16/2024		2,626,875		(38,850	)
	1	Long Gilt Future	12/30/2024		131,600		1,014
	29	Montreal Exchange 10 Year Canadian Bond Future	12/19/2024		2,680,813		(6,876	)
	16	Montreal Exchange S&P/TSX 60 Index Future	12/20/2024		3,417,915		(2,811	)
	3	NYBOT CSC Cocoa Future^(d)	03/17/2025		190,950		5,760
	29	NYBOT CSC Cocoa Future^(d)	12/16/2024		2,239,380		53,920
	20	NYBOT CTN Number 2 Cotton Future^(d)	03/10/2025		753,600		(17,725	)
	47	NYBOT CTN Number 2 Cotton Future^(d)	12/09/2024		1,729,835		(37,330	)
	5	NYMEX Henry Hub Natural Gas Futures^(d)	10/30/2024		146,150		(3,600	)
	8	NYMEX Platinum Future^(d)	01/30/2025		396,440		885
	38	SFE S&P ASX Share Price Index 200 Future	12/20/2024		5,455,784		(60,833	)
		TOTAL OPEN SHORT FUTURES CONTRACTS				$	(667,878	)

		TOTAL OPEN FUTURES CONTRACTS				$	2,959,249

(a)

Zero coupon bond.

(b)

Rate disclosed is the seven day effective yield as of September 30, 2024.

(c)

^(d)

All or a portion of this investment is a holding of the RDMF Fund Ltd.

RATIONAL/PIER 88 CONVERTIBLE SECURITIES FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 18.7%
		AEROSPACE & DEFENSE - 3.2%
	11,235	Moog, Inc., Class A	$	2,269,695
	1,700	TransDigm Group, Inc.		2,426,121
				4,695,816
		DIVERSIFIED INDUSTRIALS - 1.7%
	17,200	ITT, Inc.		2,571,572

		E-COMMERCE DISCRETIONARY - 1.9%
	1,373	MercadoLibre, Inc.^(a)		2,817,341

		ENGINEERING & CONSTRUCTION - 1.6%
	37,200	KBR, Inc.		2,422,836

		INTERNET MEDIA & SERVICES - 3.1%
	1,100	Booking Holdings, Inc.		4,633,332

		MEDICAL EQUIPMENT & DEVICES - 0.8%
	14,200	Boston Scientific Corporation^(a)		1,189,960

		RETAIL - DISCRETIONARY - 1.0%
	10,600	Freshpet, Inc.^(a)		1,449,762

		SEMICONDUCTORS - 2.1%
	35,430	Coherent Corporation^(a)		3,150,081

		SOFTWARE - 2.5%
	12,800	CyberArk Software Ltd.^(a)		3,732,608

		TECHNOLOGY SERVICES - 0.8%
	12,900	Shift4 Payments, Inc.^(a)		1,142,940


		TOTAL COMMON STOCKS (Cost $24,330,398)		27,806,248

RATIONAL/PIER 88 CONVERTIBLE SECURITIES FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

			Coupon Rate
Shares			(%)	Maturity	Fair Value
		PREFERRED STOCKS — 19.3%
		ASSET MANAGEMENT — 4.8%
	17,000	AMG Capital Trust II	5.15000	10/15/37	$	917,104
	91,900	Apollo Global Management, Inc.	6.75000	07/31/26		6,248,281
						7,165,385
		BANKING — 9.2%
	5,248	Bank of America Corporation	7.2500	Perpetual		6,680,756
	5,400	Wells Fargo & Company - Series L	7.5000	Perpetual		6,923,881
						13,604,637
		ELECTRIC UTILITIES — 2.2%
	70,500	NextEra Energy, Inc.	6.9260	09/01/25		3,268,380

		TECHNOLOGY HARDWARE — 3.1%
	77,100	Hewlett Packard Enterprise Company	7.6250	09/01/27		4,665,321

		TOTAL PREFERRED STOCKS (Cost $25,334,606)				28,703,723

Principal
Amount ($)
		CONVERTIBLE BONDS — 61.0%
		AUTOMOTIVE — 3.1%
	4,750,000	Ford Motor Company^(b)	0.0000	03/15/26		4,647,875

		CONSUMER SERVICES — 0.5%
	1,067,000	Chegg, Inc.^(b)	0.0000	09/01/26		808,253

		E-COMMERCE DISCRETIONARY — 2.0%
	3,610,000	Etsy, Inc.	0.2500	06/15/28		2,946,428

		ELECTRIC UTILITIES — 7.9%
	4,970,000	Alliant Energy Corporation	3.8750	03/15/26		5,191,165
	6,120,000	PPL Capital Funding, Inc.	2.8750	03/15/28		6,474,960
						11,666,125
		GAS & WATER UTILITIES — 2.4%
	3,480,000	American Water Capital Corporation	3.6250	06/15/26		3,563,520

RATIONAL/PIER 88 CONVERTIBLE SECURITIES FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal			Coupon Rate
Amount ($)			(%)	Maturity	Fair Value
		CONVERTIBLE BONDS — 61.0% (Continued)
		HOME CONSTRUCTION — 3.6%
	4,752,000	Meritage Homes Corporation^(c)	1.7500	05/15/28	$	5,410,151

		INTERNET MEDIA & SERVICES — 5.2%
	1,605,000	Expedia Group, Inc.^(b)	0.0000	02/15/26		1,531,973
	4,949,000	Uber Technologies, Inc.^(c)	0.8750	12/01/28		6,196,148
						7,728,121
		LEISURE FACILITIES & SERVICES — 1.9%
	3,350,000	DraftKings, Inc.^(b)	0.0000	03/15/28		2,899,425

		MEDICAL EQUIPMENT & DEVICES — 4.0%
	6,190,000	Dexcom, Inc.	0.2500	11/15/25		5,883,595

		REAL ESTATE INVESTMENT TRUSTS — 10.1%
	4,180,000	Kite Realty Group, L.P.^(c)	0.7500	04/01/27		4,680,239
	3,200,000	Ventas Realty, L.P.	3.7500	06/01/26		3,883,200
	4,660,000	Welltower OP, LLC^(c)	2.7500	05/15/28		6,421,885
						14,985,324
		SOFTWARE — 10.1%
	3,879,000	Okta, Inc.	0.3750	06/15/26		3,574,738
	2,211,000	PROS Holdings, Inc.	2.2500	09/15/27		1,972,212
	2,342,000	Shopify, Inc.	0.1250	11/01/25		2,254,175
	4,440,000	Tyler Technologies, Inc.	0.2500	03/15/26		5,443,439
	1,790,000	Wix.com Ltd.^(b)	0.0000	08/15/25		1,704,975
						14,949,539
		TECHNOLOGY SERVICES — 9.2%
	2,040,928	Euronet Worldwide, Inc.	0.7500	03/15/49		2,000,109
	6,687,000	Global Payments, Inc.^(c)	1.5000	03/01/31		6,386,085
	5,156,000	Shift4 Payments, Inc.	0.5000	08/01/27		5,300,368
						13,686,562
		TRANSPORTATION & LOGISTICS — 1.0%
	1,470,000	Southwest Airlines Company	1.2500	05/01/25		1,480,920

RATIONAL/PIER 88 CONVERTIBLE SECURITIES FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal

Coupon Rate

Amount ($)

(%)

Maturity

Fair Value

CONVERTIBLE BONDS — 61.0% (Continued)

TOTAL CONVERTIBLE BONDS (Cost $86,239,814)

90,655,838

Shares
		SHORT-TERM INVESTMENTS — 0.9%
		MONEY MARKET FUNDS - 0.9%
	1,406,768	First American Treasury Obligations Fund, Class X, 4.81% (Cost $1,406,768)^(d)		1,406,768

		TOTAL INVESTMENTS - 99.9% (Cost $137,311,586)	$	148,572,577
		OTHER ASSETS IN EXCESS OF LIABILITIES- 0.1%		120,999
		NET ASSETS - 100.0%	$	148,693,576

LLC	- Limited Liability Company

LP	- Limited Partnership

LTD	- Limited Company

^(a)

Non-income producing security.

^(b)

Zero coupon bond.

^(c)

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 September 30, 2024 the total market value of 144A securities is $29,094,508 or 19.6% of net assets.

^(d)

Rate disclosed is the seven day effective yield as of September 30, 2024.

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares				Coupon Rate (%)	Maturity	Fair Value
		PREFERRED STOCKS — 0.6%
		ASSET MANAGEMENT — 0.4%
	16	Eaton Vance Senior Floating-Rate Trust Series A^(j)		7.8900	Perpetual	$	350,000
	130	Eaton Vance Senior Floating-Rate Trust Series C		8.3890	Perpetual		2,843,750
	18	Eaton Vance Senior Floating-Rate Trust Series D		7.8900	Perpetual		393,750
							3,587,500
		BANKING — 0.2%
	2,297	CIB Marine Class A^(a)		0.0000	06/01/35		1,309,133
	253	CIB Marine Preferred Series B^(a)		0.0000	06/01/35		135,199
							1,444,332
		TOTAL PREFERRED STOCKS (Cost $5,023,224)					5,031,832

Principal Amount ($)			Spread
		ASSET BACKED SECURITIES — 77.5%
		AGENCY MORTGAGE BACKED SECURITIES — 0.2%
	254,277	Fannie Mae Interest Strip Series 362 2^(b)		4.5000	08/25/35		33,395
	204,938	Fannie Mae REMICS Series 2010-55 SH^(b),(c)	-(SOFR30A + 0.114%) + 6.500%	1.1050	05/25/40		4,956
	286,531	Fannie Mae REMICS Series 2018-95 SA^(b),(c)	-(SOFR30A + 0.114%) + 6.150%	0.7550	01/25/49		36,645
	981,800	Fannie Mae Trust Series 2003-W6 5S^(b),(c)	-(SOFR30A + 0.114%) + 7.600%	2.2050	09/25/42		146,474
	268,926	Freddie Mac REMICS Series 3753 SB^(b),(c)	-(SOFR30A + 0.114%) + 6.000%	0.5430	11/15/40		29,806
	257,017	Freddie Mac Strips Series 365 257^(b),(d)		4.5000	05/15/49		49,171
	29,182,173	Ginnie Mae Strip Series 3 23^(b)		1.4000	09/16/45		1,865,529
	59,515	Government National Mortgage Association Series 2012-104 DI^(b),(e),(j)		4.0000	09/16/25		678
	132,818	Government National Mortgage Association Series 2003-12 S^(b),(c),(j)	-(TSFR1M + 0.114%) + 7.550%	2.4750	02/20/33		14,047
	117,950	Government National Mortgage Association Series 2011-71 SG^(b),(c)	-(TSFR1M + 0.114%) + 5.400%	0.3250	05/20/41		11,000
	138,065	Government National Mortgage Association Series 2011-89 SA^(b),(c)	-(TSFR1M + 0.114%) + 5.450%	0.3750	06/20/41		13,010
	1,278,136	Government National Mortgage Association Series 2013-43 IO^(b),(d)		0.0240	08/16/48		308
							2,205,019
		AUTO LOAN — 0.5%
	4,067,398	CAL Receivables, LLC Series 2022-1 B^(c),(f)	SOFR30A + 4.350%	9.6920	10/15/26		4,065,357

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		CDO — 0.2%
	3,037,610	Nomura CRE CDO Ltd. Series 2007-2A D^(c),(f)	TSFR3M + 0.712%	0.0000	05/21/42	$	141,323
	2,000,000	Taberna Preferred Funding II Ltd. Series 2005-2A A2^(c),(f),(j)	TSFR3M + 0.912%	6.1540	11/05/35		1,285,403
	359,940	Wachovia Repackaged Asset Participating Securities Series 2003-1A A^(c),(f)	PRIME + 0.550%	5.8680	02/08/35		287,052
	550,367	Wachovia Repackaged Asset Participating Securities Series 2003-1A B^(c),(f)	PRIME + 0.550%	5.8680	02/08/35		382,505
							2,096,283
		COLLATERALIZED MORTGAGE OBLIGATIONS — 0.0%^(g)
	132,376	Bayview Commercial Asset Trust Series 2005-3A M5^(c),(f)	TSFR1M + 1.074%	5.9290	11/25/35		128,914

		CREDIT CARD — 0.2%
	1,350,000	Genesis Private Label Amortizing Trust Series 2020-1 E^(f)		9.7600	07/20/30		1,356,768

		NON AGENCY CMBS — 26.7%
	2,927,675	BAMLL Re-REMIC Trust Series 2016-GG10 AJA^(d),(f)		3.5350	08/10/45		478,113
	386,862	Banc of America Commercial Mortgage Trust Series 2006-4 C^(d)		5.7540	07/10/46		368,397
	185,567	Bayview Commercial Asset Trust Series 2005-2A A2^(c),(f)	TSFR1M + 0.639%	5.4940	08/25/35		180,537
	92,784	Bayview Commercial Asset Trust Series 2005-2A M1^(c),(f)	TSFR1M + 0.759%	5.6140	08/25/35		89,619
	189,046	Bayview Commercial Asset Trust Series 2005-2A B1^(c),(f)	(TSFR1M + 0.114%) + 1.725%	6.6940	08/25/35		189,243
	225,039	Bayview Commercial Asset Trust Series 2005-3A B1^(c),(f)	TSFR1M + 1.764%	6.6190	11/25/35		235,602
	3,000,000	Bayview Commercial Asset Trust Series 2005-4A B2^(a),(c),(f)	SOFRRATE + 3.714%	0.0000	01/25/36		585,575
	102,539	Bayview Commercial Asset Trust Series 2006-2A B1^(c),(f)	TSFR1M + 1.419%	6.2740	07/25/36		98,791
	5,682,997	BB-UBS Trust^(f)		2.8900	06/05/30		5,273,890
	2,860,000	BB-UBS Trust Series 2012-TFT B^(d),(f)		3.6780	06/05/30		2,443,307
	180,000	BB-UBS Trust Series 2012-SHOW B^(f)		3.8820	11/05/36		177,557
	174,800	Bear Stearns Asset Backed Securities Trust Series 2003-3 M1^(c)	TSFR1M + 1.344%	6.1990	06/25/43		182,368
	289,908	Bear Stearns Commercial Mortgage Securities Trust Series 2007-T26 AJ^(d)		5.5660	01/12/45		285,172
	878,000	BWAY Mortgage Trust Series 2013-1515 C^(f)		3.4460	03/10/33		809,953
	2,260,000	BWAY Mortgage Trust Series 2013-1515 B^(f)		3.4730	03/10/33		2,115,920
	4,660,000	BXP Trust Series 2017-CQHP A^(c),(f)	TSFR1M + 0.897%	5.9940	11/15/34		4,363,143
	1,520,193	CD Mortgage Trust Series 2007-CD5 G^(d),(f)		6.5820	11/15/44		1,512,577
	385,264	CFCRE Commercial Mortgage Trust Series 2011-C2 D^(d),(f)		5.0800	12/15/47		369,930
	9,685,000	CFCRE Commercial Mortgage Trust Series 2011-C2 E^(d),(f)		5.0800	12/15/47		8,357,049
	500,000	CFCRE Commercial Mortgage Trust Series 2011-C2 F^(d),(f)		5.0800	12/15/47		283,111

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON AGENCY CMBS — 26.7% (Continued)
	3,401,495	CG-CCRE Commercial Mortgage Trust Series 2014-FL1 B^(c),(f)	TSFR1M + 1.264%	6.3610	06/15/31	$	3,249,662
	8,450,000	CG-CCRE Commercial Mortgage Trust Series 2014-FL1 D^(c),(f)	TSFR1M + 2.864%	7.9610	06/15/31		5,830,500
	297,842	Citigroup Commercial Mortgage Trust Series 2012-GC8 C^(d),(f)		5.1070	09/10/45		269,607
	87,147	COMM Mortgage Trust Series 2012-LC4 B^(d)		4.9340	12/10/44		81,386
	1,692,000	COMM Mortgage Trust Series 2012-LC4 C^(d)		5.4790	12/10/44		1,486,453
	1,579,465	COMM Mortgage Trust Series 2013-CCRE9 E^(d),(f)		4.6190	07/10/45		1,428,212
	3,923,994	COMM Mortgage Trust Series 2012-CCRE3 B^(f)		3.9220	10/15/45		3,591,572
	670,000	COMM Mortgage Trust Series 2013-LC6 E^(f)		3.5000	01/10/46		595,459
	330,540	COMM Mortgage Trust Series 2013-LC6 D^(d),(f)		4.0650	01/10/46		320,446
	3,128,200	COMM Mortgage Trust Series 2013-CCRE6 C^(d),(f)		3.7770	03/10/46		2,808,782
	6,858,273	COMM Mortgage Trust Series 2013-CCRE7 D^(d),(f)		4.3840	03/10/46		6,278,793
	5,370,352	COMM Mortgage Trust Series 2010-C1 D^(d),(f)		5.9850	07/10/46		5,141,252
	980,000	COMM Mortgage Trust Series 2014-CR14 C^(d)		3.7950	02/10/47		902,090
	18,293,658	COMM Mortgage Trust Series 2015-LC21 XA^(b),(d)		0.7520	07/10/48		33,110
	5,889,554	Commercial Mortgage Pass Through Certificates Series 2012-LTRT A2^(f)		3.4000	10/05/30		5,729,078
	96,162	Credit Suisse Commercial Mortgage Trust Series C4 C^(d),(f)		5.5220	09/15/39		92,233
	2,935,145	CSMC OA, LLC Series 2014-USA X1^(b),(d),(f)		0.6860	09/15/37		4,651
	2,097,286	DBUBS Mortgage Trust Series 2011-LC3A D^(d),(f)		5.5330	08/10/44		1,946,586
	687,118	Greenwich Capital Commercial Mortgage Trust Series 2006-RR1 A1^(d),(f)		0.0000	03/18/49		254,234
	3,346,912	GS Mortgage Securities Corporation II Series 2018-SRP5 A^(c),(f)	TSFR1M + 1.847%	6.9440	09/15/31		2,394,875
	1,798,075	GS Mortgage Securities Corporation II Series 2018-SRP5 B^(c),(f)	TSFR1M + 3.047%	8.1440	09/15/31		633,602
	75,518	GS Mortgage Securities Trust Series 2010-C1 B^(f)		5.1480	08/10/43		75,274
	3,080,000	GS Mortgage Securities Trust Series 2010-C1 C^(d),(f)		5.6350	08/10/43		2,996,849
	22,007,000	GS Mortgage Securities Trust Series 2010-C1 D^(d),(f)		6.5730	08/10/43		20,739,955
	1,506,000	GS Mortgage Securities Trust Series 2011-GC5 D^(d),(f)		0.0000	08/10/44		819,935
	393,000	GS Mortgage Securities Trust Series 2011-GC5 C^(d),(f)		5.2970	08/10/44		303,327
	14,405,000	GS Mortgage Securities Trust Series 2011-GC5 B^(d),(f)		5.2970	08/10/44		12,768,855
	1,549,687	GS Mortgage Securities Trust Series 2007-GG10 AJ^(d)		5.8180	08/10/45		255,698
	1,986,605	GS Mortgage Securities Trust Series 2012-GCJ9 D^(d),(f)		4.7540	11/10/45		1,847,834
	649,000	GS Mortgage Securities Trust Series 2014-GC20 C^(d)		5.1270	04/10/47		603,270
	1,000,000	Harvest Commercial Capital Loan Trust Series 2020-1 M4^(d),(f)		5.9640	04/25/52		928,583
	150,510	Impac CMB Trust Series 2004-8 3M2^(c)	TSFR1M + 1.689%	6.5440	08/25/34		142,224
	104,199	Impac CMB Trust Series 2004-8 3B^(c)	TSFR1M + 2.739%	7.5940	08/25/34		103,038

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity		Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON AGENCY CMBS — 26.7% (Continued)
	3,500,000	JP Morgan Chase Commercial Mortgage Series MINN A^(c),(f)	TSFR1M + 1.317%	6.4140		11/15/35	$3,253,310
	6,483,078	JP Morgan Chase Commercial Mortgage Securities Series 2012-WLDN A^(f)		3.9100		05/05/30	5,526,824
	12,785,000	JP Morgan Chase Commercial Mortgage Securities Series C2 F^(f)		3.3920		11/15/43	9,859,241
	2,100,000	JP Morgan Chase Commercial Mortgage Securities Series 2010-C2 E^(d),(f)		5.7690		11/15/43	1,814,929
	2,004,065	JP Morgan Chase Commercial Mortgage Securities Series 2010-C2 D^(d),(f)		5.7690		11/15/43	1,884,682
	1,546,617	JP Morgan Chase Commercial Mortgage Securities Series 2006-CB17 AJ^(d)		5.4890		12/12/43	1,009,718
	410,635	JP Morgan Chase Commercial Mortgage Securities Series C6 D^(d)		5.1290		05/15/45	393,161
	8,087,370	JP Morgan Chase Commercial Mortgage Securities Series CBX E^(d),(f)		4.8460		06/15/45	7,404,167
	3,485,902	JP Morgan Chase Commercial Mortgage Securities Series C8 G^(d),(f)		2.7330		10/15/45	3,098,592
	721,215	JP Morgan Chase Commercial Mortgage Securities Series 2011-C3 B^(d),(f)		5.0130		02/15/46	676,899
	9,260,000	JP Morgan Chase Commercial Mortgage Securities Series 2011-C3 C^(d),(f)		5.3600		02/15/46	8,148,893
	2,376,000	JP Morgan Chase Commercial Mortgage Securities Series 2011-C3 D^(d),(f)		5.7090		02/15/46	1,841,203
	751,000	JP Morgan Chase Commercial Mortgage Securities Series C3 F^(d),(f)		5.7090		02/15/46	142,134
	107,000	JP Morgan Chase Commercial Mortgage Securities Series 2013-LC11 D^(d)		4.5180		04/15/46	43,928
	377,540	JP Morgan Chase Commercial Mortgage Securities Series 2012-LC9 C^(d),(f)		3.6860		12/15/47	350,672
	3,122,420	JP Morgan Chase Commercial Mortgage Securities Series C2 AM^(d)		7.0550		02/12/51	1,670,503
	4,000,000	JP Morgan Chase Commercial Mortgage Securities Series 2007-C1 C^(d),(f)		0.0000		02/15/51	1,438,127
	10,585,603	JP Morgan Chase Commercial Mortgage Securities Series 2007-C1 AJ^(d)		7.0510		02/15/51	10,450,011
	6,452,790	JPMBB Commercial Mortgage Securities Trust Series C15 D^(d),(f)		4.7640		11/15/45	5,654,439
	551,168	LBSBC NIM Company Series 2005-2A N3^(f)		5.5000		09/27/30	543,818
	100	LBSBN Series 2005-2A PS		0.0000		09/27/30	2,950,000
	10,439,733	LB-UBS Commercial Mortgage Trust Series 2006-C6 AJ^(d)		5.4520		09/15/39	3,904,432
	109,068	Merrill Lynch Mortgage Trust Series 2006-C1 B^(d)		6.2200		05/12/39	108,282
	527,498	ML-CFC Commercial Mortgage Trust Series 2007-9 AJ^(d)		6.1930		09/12/49	471,183
	239,175	ML-CFC Commercial Mortgage Trust Series 2007-9 AJA^(d)		6.2220		09/12/49	213,584
	2,777,000	Morgan Stanley Bank of America Merrill Lynch Trust Series 2012-C6 E^(d),(f)		0.0000		11/15/45	860,988
	347,615	Morgan Stanley Bank of America Merrill Lynch Trust Series C6 D^(d),(f)		4.5040		11/15/45	278,102
	3,788,487	Morgan Stanley Bank of America Merrill Lynch Trust Series C6 C^(d)		4.5360		11/15/45	3,569,701
	428,567	Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C7 C^(d)		4.1760		02/15/46	402,096

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON AGENCY CMBS — 26.7% (Continued)
	3,650,000	Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C12 D^(d),(f)		4.9640	10/15/46	$	3,198,349
	90,932	Morgan Stanley Capital I Trust Series 2011-C2 D^(d),(f)		5.3850	06/15/44		87,182
	545,000	Morgan Stanley Capital I Trust Series 2011-C2 E^(d),(f)		5.3850	06/15/44		468,148
	1,035,000	Morgan Stanley Capital I Trust Series 2012-C4 E^(d),(f)		5.3360	03/15/45		644,934
	1,112,973	Morgan Stanley Capital I Trust Series 2011-C3 E^(d),(f)		5.1070	07/15/49		1,088,006
	2,064,950	Morgan Stanley Capital I Trust Series 2011-C3 F^(d),(f)		5.1070	07/15/49		1,907,236
	1,680,000	Natixis Commercial Mortgage Securities Trust Series 2018-FL1 Class C^(c),(f)	PRIME + 2.200%	8.5000	06/15/35		721,996
	100,000	Queens Center Mortgage Trust Series 2013-QCA B^(f)		3.3760	01/11/37		97,371
	3,000,000	ReadyCap Commercial Mortgage Trust Series 2018-4 E^(d),(f)		5.2490	02/27/51		2,554,665
	8,000,000	TMSQ Mortgage Trust Series 2014-1500 XA^(b),(d),(f)		0.2830	10/10/36		32
	496,481	UBS-Barclays Commercial Mortgage Trust Series 2013-C5 B^(d),(f)		3.6490	03/10/46		452,731
	393,000	UBS-Barclays Commercial Mortgage Trust Series 2013-C5 C^(d),(f)		3.8440	03/10/46		328,107
	2,477,250	UBS-Barclays Commercial Mortgage Trust Series 2013-C5 D^(d),(f)		3.8440	03/10/46		1,785,178
	5,190,585	UBS-Citigroup Commercial Mortgage Trust Series 2011-C1 E^(d),(f)		6.7760	01/10/45		3,806,286
	290,027	Wachovia Bank Commercial Mortgage Trust Series 2004-C11 J^(d),(f)		5.3100	01/15/41		288,082
	3,254,870	Wachovia Bank Commercial Mortgage Trust Series 2005-C21 E^(d),(f)		5.1280	10/15/44		1,137,932
	1,740,000	Wells Fargo Commercial Mortgage Trust Series 2017-SMP A^(c),(f)	TSFR1M + 0.921%	6.0180	12/15/34		1,594,749
	2,295,566	WFRBS Commercial Mortgage Trust Series 2011-C4 D^(d),(f)		5.1490	06/15/44		2,045,580
	664,000	WFRBS Commercial Mortgage Trust Series 2011-C4 E^(d),(f)		5.1490	06/15/44		571,877
	1,832,000	WFRBS Commercial Mortgage Trust Series 2013-C11 D^(d),(f)		4.1980	03/15/45		1,468,998
	1,705,000	WFRBS Commercial Mortgage Trust Series 2012-C10 C^(d)		4.4570	12/15/45		1,344,250
	7,697,262	WFRBS Commercial Mortgage Trust Series 2013-C14 B^(d)		3.8410	06/15/46		6,918,113
	10,209,689	WFRBS Commercial Mortgage Trust Series 2013-C14 C^(d)		3.9640	06/15/46		7,966,047
	5,366,000	WFRBS Commercial Mortgage Trust Series 2013-C14 D^(d),(f)		3.9640	06/15/46		2,860,302
	102,827	WFRBS Commercial Mortgage Trust Series 2011-C2 E^(d),(f)		5.0000	02/15/44		96,891
	3,555,000	X-Caliber Funding, LLC Series SKOAK B1^(d),(f)		0.0000	05/15/25		3,361,346
	3,000,000	X-Caliber Funding, LLC Series 2021-7 A^(c),(f)	SOFRRATE + 3.120%	8.3150	01/06/26		2,974,876
	720,000	X-Caliber Rural Lending, LLC Series SN1 B1^(f)		15.0000	12/15/24		717,746
							241,507,908
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6%
	1,300,807	ABFC Trust Series 2002-WF2 CE		0.0000	11/25/29		1,091,865
	193,714	ABFS Mortgage Loan Trust Series 2000-1 A1^(e)		8.4250	07/15/31		165,595
	115,383	ABFS Mortgage Loan Trust Series 2000-3 A^(e)		8.1100	09/15/31		99,434

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	2,322,213	ABFS Mortgage Loan Trust Series 2002-1 A5^(e)		7.0100	12/15/32	$	1,951,356
	679,786	ABFS Mortgage Loan Trust Series 2003-1 M^(c)	TSFR1M + 2.364%	7.4610	08/15/33		675,862
	920,878	ABFS Mortgage Loan Trust Series 2002-4 M1^(e)		6.9420	12/15/33		639,219
	103,627	ABN Amro Mortgage Corporation Series 2002-9 M		5.7500	12/25/32		102,225
	42,211	ABN Amro Mortgage Corporation Series 2003-3 A4		5.7500	02/25/33		41,379
	892,823	Accredited Mortgage Loan Trust Series 2005-1 M5^(c)	TSFR1M + 3.414%	5.8090	04/25/35		923,693
	2,824,107	ACE Securities Corp Home Equity Loan Trust Series HE1 CE		0.0000	11/20/31		2,375,000
	342,859	ACE Securities Corp Home Equity Loan Trust Series 2002-HE2 M1^(c)	TSFR1M + 1.389%	6.2440	08/25/32		432,296
	49,527	ACE Securities Corp Home Equity Loan Trust Series HE2 M3^(c)	TSFR1M + 3.339%	8.1940	08/25/32		66,288
	259,532	ACE Securities Corp Home Equity Loan Trust Series TC1 M2^(c)	TSFR1M + 3.039%	7.8940	06/25/33		247,688
	770,016	ACE Securities Corp Home Equity Loan Trust Series HE1 M2^(c)	TSFR1M + 1.764%	6.6190	03/25/34		795,566
	45,703	ACE Securities Corp Home Equity Loan Trust Series RM1 M1^(c)	TSFR1M + 1.164%	6.0190	07/25/34		44,478
	528,589	ACE Securities Corp Home Equity Loan Trust Series 2004-RM1 B1^(c),(f)	TSFR1M + 5.364%	10.2190	07/25/34		427,873
	1,531,310	ACE Securities Corp Home Equity Loan Trust Series 2005-WF1 M10^(c)	TSFR1M + 3.614%	8.4690	05/25/35		1,684,223
	209,194	ACE Securities Corp Manufactured Housing Trust Series 2003-MH1 B2^(f),(h)		0.0000	08/15/30		198,547
	115,231	Adjustable Rate Mortgage Trust Series 2005-2 3A1^(d)		6.3290	06/25/35		111,829
	71,746	Adjustable Rate Mortgage Trust Series 2005-4 1A1^(d)		3.3220	08/25/35		58,703
	618,345	Adjustable Rate Mortgage Trust Series 2005-5 2A1^(d)		5.5920	09/25/35		541,859
	170,750	Adjustable Rate Mortgage Trust Series 2005-6A 1A21^(c)	TSFR1M + 0.634%	5.4890	11/25/35		145,531
	203,213	Adjustable Rate Mortgage Trust Series 2005-6A 1A1^(c)	TSFR1M + 0.654%	5.5090	11/25/35		171,723
	82,352	Adjustable Rate Mortgage Trust Series 2005-10 3A31^(d)		4.1780	01/25/36		75,270
	210,962	Adjustable Rate Mortgage Trust Series 2005-10 3A11^(d)		4.1780	01/25/36		190,299
	111,692	Adjustable Rate Mortgage Trust Series 2005-10 6A1^(c)	TSFR1M + 0.654%	5.5090	01/25/36		103,268
	370,110	Aegis Asset Backed Securities Trust Mortgage Series 2004-3 B2^(c)	TSFR1M + 3.264%	8.1190	09/25/34		331,298
	482,688	Aegis Asset Backed Securities Trust Mortgage Series 2004-4 M3^(c)	TSFR1M + 2.139%	6.9940	10/25/34		508,448
	2,348,725	AFC Trust Series 1999-3 2A^(c)	TSFR1M + 0.904%	5.7590	09/28/29		2,298,745
	58,060	Alternative Loan Trust Series 2003-J3 1A2		5.2500	11/25/33		57,158
	399,960	Alternative Loan Trust Series 2005-43 5A1^(d)		5.7740	09/25/35		345,865
	53,510	Alternative Loan Trust Series 2005-51 2A1^(c)	TSFR1M + 0.714%	5.6750	11/20/35		49,566
	1,497,340	Alternative Loan Trust Series 2006-J6 A2^(b),(c)	-(TSFR1M + 0.114%) + 5.500%	0.5310	09/25/36		158,490
	1,227,328	Alternative Loan Trust Series 2006-J6 A1^(c)	TSFR1M + 0.614%	2.5370	09/25/36		462,446
	653,200	Alternative Loan Trust Series 2006-32CB A2^(b),(c)	-(TSFR1M + 0.114%) + 5.330%	0.3610	11/25/36		63,989
	393,494	Alternative Loan Trust Series 2006-32CB A1^(c)	TSFR1M + 0.784%	5.6390	11/25/36		175,886

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	13	Alternative Loan Trust Series 2006-OC11^(c)	TSFR1M + 0.454%	5.3090	01/25/37	$	4,126
	359,242	Alternative Loan Trust Series 2004-2CB 4A1		5.0000	08/25/54		359,875
	568,131	American Home Mortgage Assets Trust Series 2006-1 2A1^(c)	TSFR1M + 0.304%	5.1590	05/25/46		482,898
	4,158,854	American Home Mortgage Investment Trust Series 2005-2 5A4D^(e)		5.8280	09/25/35		3,300,517
	3,446	American Home Mortgage Investment Trust Series 2004-1 1M1^(c)	TSFR1M + 1.014%	5.8690	04/25/44		3,428
	872,714	American Home Mortgage Investment Trust Series 2005-4 5A^(c)	TSFR6M + 2.178%	1.7080	11/25/45		353,005
	343,571	American Home Mortgage Investment Trust Series 2006-3 12A1^(c)	TSFR1M + 0.494%	5.3490	12/25/46		329,266
	64,030	Ameriquest Mort Sec Inc Asset Bckd Ps Thr Cert Series AR1 M1^(c)	TSFR1M + 1.179%	3.5730	09/25/32		63,019
	2,411,332	Ameriquest Mort Sec Inc Asset Bk Pass Thr Cert Series 2002-C M1^(c)	TSFR1M + 3.489%	8.3440	11/25/32		2,474,046
	282,638	Ameriquest Mortgage Securities Asset-Backed Series 2002-3 M3^(c)	TSFR1M + 2.964%	7.8190	08/25/32		281,715
	127,383	Ameriquest Mortgage Securities Asset-Backed Series 2003-AR1 M3^(c)	TSFR1M + 4.614%	3.8080	01/25/33		125,007
	992,136	Ameriquest Mortgage Securities Asset-Backed Series 2004-R3 M4^(c)	TSFR1M + 2.874%	7.7290	05/25/34		895,452
	144,564	Ameriquest Mortgage Securities Inc Asset Back Series R1 M1^(c)	TSFR1M + 0.909%	5.7640	02/25/34		145,567
	297,500	Ameriquest Mortgage Securities Inc Asset-Backed Series 2002-D M1^(c)	TSFR1M + 3.864%	3.3810	02/25/33		285,094
	539,995	Ameriquest Mortgage Securities Inc Asset-Backed Series AR3 M5^(c)	TSFR1M + 5.739%	3.0310	06/25/33		454,189
	363,583	Amortizing Residential Collateral Trust Series 2002-BC5 M2^(c)	TSFR1M + 1.914%	6.7690	07/25/32		371,275
	509,605	Amresco Residential Securities Corp Mort Loan Series 1999-1 M1^(c)	TSFR1M + 0.864%	6.2190	11/25/29		474,992
	889,697	Argent Securities Inc Asset-Backed Pass-Through Series 2003-W3 M5^(c)	TSFR1M + 5.739%	4.1190	09/25/33		788,287
	215,622	Argent Securities Inc Asset-Backed Pass-Through Series W9 M1^(c)	TSFR1M + 0.984%	4.0960	06/26/34		209,860
	2,769,233	Asset Backed Securities Corp Home Equity Loan Series 2003-HE1 M3^(c)	TSFR1M + 5.364%	10.4610	01/15/33		2,510,624
	1,030,367	Asset Backed Securities Corp Home Equity Loan Series HE6 A2^(c)	TSFR1M + 0.794%	5.6490	11/25/33		1,042,041
	573,117	Banc of America Alternative Loan Trust Series 2006-4 1A2^(b),(c)	-(TSFR1M + 0.114%) + 5.150%	0.1810	05/25/46		35,183
	567,916	Banc of America Alternative Loan Trust Series 2006-4 1A1^(c)	TSFR1M + 0.964%	5.8190	05/25/46		461,309
	290,687	Banc of America Alternative Loan Trust Series 2006-4 1A5		6.0000	05/25/46		252,182
	251,171	Banc of America Alternative Loan Trust Series 2006-4 1A4		6.0000	05/25/46		217,898
	311,239	Banc of America Alternative Loan Trust Series 2006-4 1A3		6.0000	05/25/46		270,011
	1,159,445	Banc of America Funding Corporation Series 2008-1 A2^(d)		4.7100	09/25/48		1,123,481
	565,724	Banc of America Funding Trust Series 2016-R2 1A1^(d),(f)		4.7000	05/01/33		562,884
	92,249	Banc of America Funding Trust Series 2003-1 B2		6.0000	05/20/33		36,177
	44,353	Banc of America Funding Trust Series 2007-4 5A1		5.5000	11/25/34		38,379
	396,729	Banc of America Funding Trust Series 2004-B 6A1^(d)		2.9340	12/20/34		328,209
	140,774	Banc of America Funding Trust Series 2005-B 1A1^(d)		5.9170	04/20/35		127,265
	1,454,364	Banc of America Funding Trust Series 2005-E 2A1^(d)		4.1100	05/20/35		1,273,350
	2,121,925	Banc of America Funding Trust Series 2015-R8 3A2^(d),(f)		4.8730	08/26/35		1,640,321

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	51,790	Banc of America Funding Trust Series 2005-8 30PO^(h)		0.0000	01/25/36	$	34,603
	1,125,431	Banc of America Funding Trust Series 2006-A 5A1^(d)		3.6910	02/20/36		984,006
	881,204	Banc of America Funding Trust Series 2006-A 4A1^(d)		5.1490	02/20/36		849,441
	380,278	Banc of America Funding Trust Series 2006-B 7A1^(d)		4.3040	03/20/36		324,986
	161,065	Banc of America Funding Trust Series 2006-B 1A1^(d)		6.3710	03/20/36		153,153
	126,790	Banc of America Funding Trust Series 2006-C 4A1^(d)		5.4140	04/20/36		108,648
	522,703	Banc of America Funding Trust Series 2006-D 2A1^(d)		3.4990	05/20/36		471,274
	210,105	Banc of America Funding Trust Series 2006-F 1A2^(d)		6.5090	07/20/36		174,655
	9,666	Banc of America Funding Trust Series 2006-G 3A3^(c)	TSFR12M + 2.465%	6.6620	07/20/36		9,598
	69,103	Banc of America Funding Trust Series 2007-7 30PO^(h)		0.0000	09/25/37		32,241
	93,082	Banc of America Funding Trust Series 2006-I 5A1^(d)		3.3830	10/20/46		78,604
	9,241	Banc of America Funding Trust Series 2007-C 6A2^(c)	TSFR1M + 0.654%	5.6150	05/20/47		9,173
	1,161,555	Banc of America Funding Trust Series 2007-5 7A5		6.5000	07/25/47		888,908
	327,229	Banc of America Funding Trust Series 2007-8 3A1		6.0000	08/25/53		172,739
	341,716	Banc of America Funding Trust Series 2009-R9 3A3^(d),(f)		3.4820	11/25/56		267,557
	273,681	Banc of America Funding Trust Series 2006-J 4A1^(d)		5.0170	01/20/47		237,074
	4,208,055	Banc of America Mortgage Trust Series 2004-G 3A1^(d)		6.0730	08/25/34		2,814,381
	33,563	Banc of America Mortgage Trust Series 2005-A 2A2^(d)		4.9400	02/25/35		32,807
	593,668	Banc of America Mortgage Trust Series 2005-G 4A3^(d)		3.4770	08/25/35		504,015
	623,196	Banc of America Mortgage Trust Series 2005-I 4A1^(d)		6.2030	10/25/35		623,620
	78,786	Banc of America Mortgage Trust Series 2006-A 1A1^(d)		4.1360	02/25/36		66,590
	70,251	Banc of America Mortgage Trust Series 2006-B 2A1^(d)		5.1300	11/20/46		63,469
	2,000,000	BankAmerica Manufactured Housing Contract Trust Series 2 B1^(d)		1.0690	02/10/32		313,789
	2,743,950	Bayview Financial Asset Trust Series 2007-SR1A M1^(c),(f)	TSFR1M + 0.914%	5.7690	03/25/37		2,723,818
	150,105	Bayview Financial Asset Trust Series 2007-SR1A M2^(c),(f)	TSFR1M + 1.014%	5.8690	03/25/37		150,622
	133,851	Bayview Financial Asset Trust Series 2007-SR1A M3^(c),(f)	TSFR1M + 1.264%	6.1190	03/25/37		135,707
	703,675	Bayview Financial Asset Trust Series 2007-SR1A M4^(c),(f)	TSFR1M + 1.614%	6.4690	03/25/37		684,558
	921,495	Bayview Financial Mortgage Pass-Through Trust Series A B1^(c)	TSFR1M + 4.239%	9.0850	02/28/44		960,218
	3,333	Bayview Financial Mortgage Pass-Through Trust Series 2004-D B1^(c)	TSFR1M + 2.964%	7.8100	08/28/44		3,336
	4,203,428	BCAP, LLC Trust Series 2013-RR7 4A4^(d),(f)		5.3940	12/27/34		3,974,349
	1,820,118	BCAP, LLC Trust Series 2009-RR10 1A2^(d),(f)		6.0000	02/26/36		1,785,497
	1,385,300	BCAP, LLC Trust Series 2010-RR11 3A3^(d),(f)		4.3260	06/27/36		1,309,531
	1,416,272	BCMSC Trust Series 1998-C M1^(d)		7.5100	01/15/29		1,400,035
	731,888	BCMSC Trust Series 1999-B A2^(d)		0.8470	12/15/29		63,161

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	611,382	BCMSC Trust Series 1999-B A3^(d)		0.8470	12/15/29	$	54,312
	4,944,914	BCMSC Trust Series 1999-B A5^(d)		0.8470	12/15/29		455,190
	737,790	BCMSC Trust Series 1999-B A6^(d)		0.8470	12/15/29		71,658
	142,489	Bear Stearns ALT-A Trust Series 2004-12 2A4^(d)		4.3140	01/25/35		129,745
	1,289,321	Bear Stearns ALT-A Trust Series 2005-10 11A1^(c)	TSFR1M + 0.614%	5.4690	01/25/36		1,217,220
	1,815,716	Bear Stearns ALT-A Trust Series 2006-1 11A1^(c)	TSFR1M + 0.594%	5.4490	02/25/36		1,710,937
	366,798	Bear Stearns ALT-A Trust Series 2006-3 35A1^(d)		2.8650	05/25/36		176,630
	54,716	Bear Stearns ALT-A Trust Series 2006-3 33A1^(d)		5.1490	05/25/36		34,568
	155,181	Bear Stearns ALT-A Trust Series 2006-3 1A1^(c)	TSFR1M + 0.494%	5.3490	05/25/36		132,812
	203,375	Bear Stearns ARM Trust Series 2004-9 23A1^(d)		6.7080	11/25/34		199,441
	820,508	Bear Stearns ARM Trust Series 2005-6 3A1^(d)		6.7160	08/25/35		800,027
	212,848	Bear Stearns ARM Trust Series 2006-4 1A1^(d)		6.9540	10/25/36		204,144
	48,494	Bear Stearns ARM Trust Series 2007-5 3A1^(d)		4.6720	08/25/47		42,118
	2,790,871	Bear Stearns ARM Trust Series 2007-5 2A1^(d)		5.1690	08/25/47		2,530,921
	9,082,000	Bear Stearns Asset Backed Securities I Trust Series 2004-BO1 M9A^(c)	TSFR1M + 6.114%	10.9690	10/25/34		9,081,580
	148,848	Bear Stearns Asset Backed Securities I Trust Series 2004-HE10 M6^(c)	TSFR1M + 4.764%	6.0170	12/25/34		187,744
	1,006,367	Bear Stearns Asset Backed Securities I Trust Series TC1 M7^(c)	TSFR1M + 4.614%	5.1980	05/25/35		1,077,056
	674,813	Bear Stearns Asset Backed Securities I Trust Series 2005-TC1 M6^(c)	TSFR1M + 2.664%	5.1980	05/25/35		687,290
	3,547,332	Bear Stearns Asset Backed Securities I Trust Series 2005-TC2 M8^(c),(f)	TSFR1M + 4.614%	5.1930	08/25/35		3,659,139
	132,528	Bear Stearns Asset Backed Securities I Trust Series 2005-AC5 1A1^(c)	TSFR1M + 1.114%	5.5000	08/25/35		80,008
	2,411,806	Bear Stearns Asset Backed Securities I Trust Series HE10 1M2^(c)	TSFR1M + 0.464%	5.3190	12/25/36		2,177,780
	1,171,529	Bear Stearns Asset Backed Securities I Trust Series 2007-HE1 2M1^(c)	TSFR1M + 0.384%	5.2390	01/25/37		1,085,227
	16,587	Bear Stearns Asset Backed Securities Trust Series 2003-AC5 A1^(e)		5.7500	10/25/33		18,015
	388,739	Bear Stearns Asset Backed Securities Trust Series 2003-SD1 A^(c)	TSFR1M + 1.014%	5.8690	12/25/33		390,566
	1,788,000	Bear Stearns Asset Backed Securities Trust Series 2006-SD1 M4^(c)	TSFR1M + 2.364%	7.2190	04/25/36		1,906,156
	2,243,684	Bear Stearns Asset Backed Securities Trust Series 2006-2 M6^(c)	TSFR1M + 2.739%	7.5940	07/25/36		2,234,654
	2,987,000	Bear Stearns Asset Backed Securities Trust Series 2006-2 M7^(c)	TSFR1M + 3.864%	8.7190	07/25/36		2,903,140
	25,916	Bear Stearns Asset Backed Securities Trust Series 2006-SD3 1A1A		5.5000	08/25/36		26,002
	346,471	Bear Stearns Asset Backed Securities Trust Series 2006-SD4 3A1^(c)	12MTA + 0.980%	1.3230	10/25/36		90,727
	410,741	Bear Stearns Asset Backed Securities Trust Series 2007-SD1 1A2A		3.3350	10/25/36		144,503
	277,237	Bear Stearns Asset Backed Securities Trust Series 2005-SD3 2M4^(c)	TSFR1M + 3.264%	8.1190	11/25/39		302,883
	902,000	Bear Stearns Asset Backed Securities Trust Series 2005-SD4 2M4^(c)	TSFR1M + 3.264%	8.1190	12/25/42		1,006,656
	447,943	Bear Stearns Asset Backed Securities Trust Series 2005-SD4 2M3^(c)	TSFR1M + 3.264%	8.1190	12/25/42		513,039
	8,438	Bear Stearns Asset Backed Securities Trust Series SD1 1M5^(c)	TSFR1M + 2.319%	7.1740	08/25/43		13,484

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	28,123	Bear Stearns Asset Backed Securities Trust Series 2007-SD2 1PO^(h)		0.0000	09/25/46	$	21,007
	137,866	Bear Stearns Asset Backed Securities Trust Series 2007-SD2 1A1B		5.5000	09/25/46		128,801
	618,519	Bear Stearns Mortgage Funding Trust Series 2006-SL5 1A^(c)	TSFR1M + 0.414%	5.2690	12/25/36		839,911
	5,867	Bear Stearns Mortgage Securities, Inc. Series 1997-6 1A^(d)		8.3140	03/25/31		5,866
	364	Bear Stearns Mortgage Securities, Inc. Series 1997-6 B2^(d)		8.3140	03/25/31		351
	215,756	Bear Stearns Second Lien Trust Series 2007-1 1A^(c)	(TSFR1M + 0.114%) + 0.380%	5.1590	01/25/37		211,120
	16,028	Bear Stearns Second Lien Trust Series 2007-1 3A^(c)	TSFR1M + 0.554%	5.4090	08/25/37		15,378
	262,158	Bond Securitization Trust Series 2003-1 X^(d)		0.0000	10/25/34		233,321
	108,064	Centex Home Equity Loan Trust Series 2004-C M2^(c)	TSFR1M + 0.909%	4.6300	06/25/34		105,467
	276,469	Centex Home Equity Loan Trust Series 2004-D MF2^(e)		6.0600	09/25/34		275,589
	161,175	Chase Funding Loan Acquisition Trust Series OPT1 M2^(c)	TSFR1M + 1.614%	6.4690	06/25/34		164,712
	44,836	Chase Funding Trust Series 2003-6 1A7^(e)		4.8550	11/25/34		44,345
	68,563	Chase Funding Trust Series 2003-6 2M1^(c)	TSFR1M + 0.864%	5.7190	11/25/34		89,976
	916,927	ChaseFlex Trust Series 2005-2 3A4		7.5000	06/25/35		587,501
	194,155	CHL Mortgage Pass-Through Trust Series 2004-2 2A1^(d)		4.5000	02/25/34		172,842
	201,198	CHL Mortgage Pass-Through Trust Series 2004-5 2A7		5.0000	05/25/34		204,133
	1,270,659	CHL Mortgage Pass-Through Trust Series 2004-7 6A1^(d)		6.4910	05/25/34		1,198,849
	37,152	CHL Mortgage Pass-Through Trust Series 2004-8 1A6^(h)		0.0000	07/25/34		29,209
	310,228	CHL Mortgage Pass-Through Trust Series 2004-14 4A1^(d)		6.5570	08/25/34		284,775
	1,333	CHL Mortgage Pass-Through Trust Series 2005-7 2A2^(c)	TSFR1M + 0.834%	5.3550	03/25/35		426
	230,840	CHL Mortgage Pass-Through Trust Series 2005-J2 3A12		5.0000	08/25/35		140,226
	107,492	CHL Mortgage Pass-Through Trust Series 2005-HYB6 5A1^(d)		4.5110	10/20/35		103,170
	776,257	CHL Mortgage Pass-Through Trust Series 2005-31 2A3^(d)		4.1340	01/25/36		685,485
	85,979	Citicorp Mortgage Securities Trust Series 2006-1 1A4		6.0000	02/25/36		78,169
	179,307	Citicorp Mortgage Securities, Inc. Series 2005-2 1A3		5.5000	03/25/35		159,283
	17	Citicorp Residential Mortgage Trust Series 2007-2 A6^(e)		4.5280	06/25/37		17
	97,938	Citigroup Mortgage Loan Trust Series 2004-HYB2 3A^(d)		5.7750	03/25/34		84,780
	218,034	Citigroup Mortgage Loan Trust Series 2009-4 7A5^(d),(f)		5.4800	05/25/35		205,939
	22,918	Citigroup Mortgage Loan Trust Series 2013-8 1A2^(d),(f)		5.5800	05/25/35		21,675
	0	Citigroup Mortgage Loan Trust Series 2010-8 2A2^(d),(f)		4.0920	11/19/35		—
	314,968	Citigroup Mortgage Loan Trust Series 2006-AR2 1A2^(d)		5.3420	03/25/36		310,713
	337,335	Citigroup Mortgage Loan Trust Series 2006-AR3 1A2A^(d)		4.8260	06/25/36		324,057
	15,657	Citigroup Mortgage Loan Trust Series 2006-AR5 2A4A^(d)		4.9540	07/25/36		15,092
	268,988	Citigroup Mortgage Loan Trust Series 2013-8 2A2^(d),(f)		5.6150	11/25/36		181,858

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	1,365,253	Citigroup Mortgage Loan Trust Series 2008-RR1 A1A1^(c),(f)	TSFR1M + 0.184%	5.0390	01/25/37	$	1,178,898
	1,583,822	Citigroup Mortgage Loan Trust Series 2007-6 1A4A^(d)		4.5620	03/25/37		1,534,108
	649,267	Citigroup Mortgage Loan Trust, Inc. Series 2004-RR1 2A1^(c),(f)	TSFR1M + 0.514%	5.3690	01/25/29		603,676
	447,165	Citigroup Mortgage Loan Trust, Inc. Series HE3 M3^(c)	TSFR1M + 3.639%	8.4940	12/25/33		486,644
	3,301,000	Citigroup Mortgage Loan Trust, Inc. Series 2003-HE3 M4^(c)	TSFR1M + 4.614%	9.4690	12/25/33		3,644,269
	31,108	Citigroup Mortgage Loan Trust, Inc. Series 2004-NCM2 2CB3		8.0000	08/25/34		32,464
	226,806	Citigroup Mortgage Loan Trust, Inc. Series 2004-RES1 M7^(c)	TSFR1M + 2.739%	7.5940	11/25/34		840,191
	893,347	Citigroup Mortgage Loan Trust, Inc. Series 2005-9 2A3		5.7500	11/25/35		687,013
	70,067	CitiMortgage Alternative Loan Trust Series 2007-A1 1APO^(h)		0.0000	01/25/37		39,972
	148,997	CitiMortgage Alternative Loan Trust Series 2007-A1 1A9^(b),(c)	-(TSFR1M + 0.114%) + 5.400%	0.4310	01/25/37		11,171
	15,593	CitiMortgage Alternative Loan Trust Series 2007-A1 1A1		6.0000	01/25/37		13,931
	11,151,101	Conseco Finance Corporation Series 7 B2^(d)		0.9950	10/15/26		665,187
	624,149	Conseco Finance Corporation Series 1996-8 B1^(d)		7.9500	11/15/26		630,450
	3,067,604	Conseco Finance Corporation Series 1997-8 M1^(d)		7.0200	10/15/27		3,022,241
	1,274,350	Conseco Finance Corporation Series 9 B1^(d)		7.6500	01/15/28		1,261,614
	4,170,965	Conseco Finance Corporation Series 1997-3 M1^(d)		7.5300	03/15/28		4,142,157
	1,358,400	Conseco Finance Corporation Series 1997-2 M1^(d)		7.5400	06/15/28		1,364,522
	4,782,548	Conseco Finance Corporation Series 7 M1^(d)		7.0300	07/15/28		4,731,142
	2,790,888	Conseco Finance Corporation Series 1996-10 B1^(d)		7.2400	11/15/28		2,798,580
	229,949	Conseco Finance Corporation Series 1998-2 M1^(d)		6.9400	12/01/28		222,880
	4,736,454	Conseco Finance Corporation^(d)		6.9700	05/15/29		4,749,443
	2,245,199	Conseco Finance Corporation Series 3 M1^(d)		6.8600	03/01/30		2,196,280
	474,094	Conseco Finance Corporation/Old Series A B2^(c)	TSFR1M + 5.864%	10.9610	04/15/32		654,735
	1,623,081	Conseco Finance Securitizations Corporation Series 6 A1^(d),(f)		7.3600	06/01/30		499,652
	2,543,032	Conseco Finance Securitizations Corporation Series 2002-1 M2^(d)		9.5460	12/01/33		2,497,648
	78,263	Contimortgage Home Equity Loan Trust Series 1996-4 A10^(c)	TSFR1M + 0.594%	5.6910	01/15/28		64,020
	219,722	Countrywide Asset-Backed Certificates Series BC2 B^(c)	TSFR1M + 4.464%	9.3190	08/25/33		228,993
	452,008	Countrywide Asset-Backed Certificates Series 2004-BC2 M5^(c)	TSFR1M + 2.739%	7.5940	10/25/33		457,562
	38,953	Countrywide Asset-Backed Certificates Series 2004-S1 M1^(e)		5.2520	02/25/35		38,601
	662,152	Countrywide Asset-Backed Certificates Series 2006-13 1AF5^(e)		3.9610	01/25/37		561,187
	801,308	Countrywide Asset-Backed Certificates Series 2007-QX1 A1^(c)	TSFR1M + 0.614%	5.4690	05/25/37		697,926
	22,478	Countrywide Home Equity Loan Trust Series 2006-HW 2A1A^(c)	TSFR1M + 0.264%	5.3610	11/15/36		19,921
	491,286	Countrywide Home Equity Loan Trust Series 2006-HW 2A1B^(c)	TSFR1M + 0.264%	5.3610	11/15/36		436,202
	281,139	Credit Suisse First Boston Mortgage Securities Series 2005-8 6A1		5.5000	08/25/25		206,234

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	468,728	Credit Suisse First Boston Mortgage Securities Series MH29 B1^(d)		8.1000	09/25/31	$	473,782
	253,616	Credit Suisse First Boston Mortgage Securities Series 2002-P1A A^(d),(f)		6.0590	03/25/32		240,346
	107,664	Credit Suisse First Boston Mortgage Securities Series 2002-18 1M2^(d)		7.0000	06/25/32		103,855
	621,882	Credit Suisse First Boston Mortgage Securities Series 2002-HE1 A2^(c)	TSFR1M + 0.854%	4.0250	08/25/32		595,283
	594,781	Credit Suisse First Boston Mortgage Securities Series HE16 B1^(c)	TSFR1M + 2.914%	7.7690	10/25/32		653,573
	75,670	Credit Suisse First Boston Mortgage Securities Series 2002-AR31 CB1^(d)		6.4260	11/25/32		73,332
	19,297	Credit Suisse First Boston Mortgage Securities Series 2002-AR31 CB2^(d)		6.4260	11/25/32		18,693
	52,294	Credit Suisse First Boston Mortgage Securities Series 2003-8 CB2^(d)		5.6530	04/25/33		35,460
	176,204	Credit Suisse First Boston Mortgage Securities Series AR26 9M3^(c)	TSFR1M + 2.864%	7.7190	11/25/33		173,129
	46,944	Credit Suisse First Boston Mortgage Securities Series 2003-AR28 6M3^(c)	TSFR1M + 2.864%	7.7190	12/25/33		54,720
	663,712	Credit Suisse First Boston Mortgage Securities Series 2004-AR1 6M2^(c)	TSFR1M + 2.214%	7.0690	02/25/34		726,702
	578,775	Credit Suisse First Boston Mortgage Securities Series 2004-FRE1 B3^(c)	TSFR1M + 3.364%	4.0860	04/25/34		539,785
	51,097	Credit Suisse First Boston Mortgage Securities Series 2004-5 5A1		5.0000	09/25/34		46,131
	737,096	Credit Suisse First Boston Mortgage Securities Series 2005-12 5A1		5.2500	01/25/36		645,784
	2,881	Credit-Based Asset Servicing and Securitization, Series 1999-3 A^(a),(d),(f)		3.5220	02/03/29		2,233
	142,291	Credit-Based Asset Servicing and Securitization, Series 2002-CB5 M2^(c)	TSFR1M + 3.114%	4.1670	05/25/32		140,664
	216,857	Credit-Based Asset Servicing and Securitization, Series CB4 M1^(c)	TSFR1M + 1.239%	6.0940	02/25/33		219,995
	4,464,000	Credit-Based Asset Servicing and Securitization, Series RP1 B3^(e),(f)		5.9000	04/25/36		4,778,012
	579,481	Credit-Based Asset Servicing and Securitization, Series 2006-RP2 M1^(c),(f)	TSFR1M + 1.164%	6.0190	07/25/36		590,185
	269,905	Credit-Based Asset Servicing and Securitization, Series 2006-CB2 AF4^(e)		3.0310	12/25/36		227,201
	717,360	Credit-Based Asset Servicing and Securitization, Series 2007-SL1A A2^(c),(f)	TSFR1M + 0.574%	5.4290	02/25/37		559,468
	241,075	Credit-Based Asset Servicing and Securitization, Series 2007-SP1 M1^(e),(f)		4.5290	12/25/37		301,817
	1,281,152	Credit-Based Asset Servicing and Securitization, Series 2004-RP1 M3^(c),(f)	TSFR1M + 3.114%	7.9690	05/25/50		1,274,197
	553,042	CSFB Mortgage-Backed Pass-Through Certificates Series 2005-AGE1 B3^(c)	TSFR1M + 4.114%	8.9690	02/25/32		602,957
	542,105	CSFB Mortgage-Backed Pass-Through Certificates Series 2002-29 2B1		7.0000	10/25/32		544,550
	59,171	CSFB Mortgage-Backed Pass-Through Certificates Series 2003-AR18 4M3^(c)	TSFR1M + 3.014%	7.8690	07/25/33		58,089
	6,056	CSFB Mortgage-Backed Pass-Through Certificates Series 2003-27 7A1		5.5000	11/25/33		6,004
	199,903	CSFB Mortgage-Backed Pass-Through Certificates Series 2003-27 8A1		6.0000	11/25/33		202,738
	537,937	CSFB Mortgage-Backed Pass-Through Certificates Series 2005-9 4A2^(c)	TSFR1M + 0.464%	5.3190	10/25/35		449,252
	2,950	CSMC Series 2014-4R 16A3^(c),(f)	TSFR1M + 0.314%	4.8630	02/27/36		2,950
	86,525	CSMC Series 2011-6R 4A2^(d),(f)		4.5320	04/28/37		82,537

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	1,408,996	CSMC Mortgage-Backed Trust Series 2006-9 4A13		6.5000	11/25/36	$	885,849
	518,561	CSMC Mortgage-Backed Trust Series 2007-1 5A13		6.0000	02/25/37		279,644
	171,330	CSMC Mortgage-Backed Trust Series 2007-3 3A4		5.0000	04/25/37		144,089
	128,484	CSMC Mortgage-Backed Trust Series 2007-3 4A6^(c)	TSFR1M + 0.364%	5.2190	04/25/37		96,762
	2,302,731	CSMC Mortgage-Backed Trust Series 2007-4 5A1		1.1060	06/25/37		365,399
	189,439	CSMC Mortgage-Backed Trust Series 2007-4 1A1^(c)	TSFR1M + 0.514%	5.3690	06/25/37		106,908
	336,930	CWABS Asset-Backed Certificates Trust Series 2004-13 MF5^(d)		5.5680	01/25/35		228,605
	1,973	CWABS Asset-Backed Certificates Trust Series 2005-16 2AF3^(d)		4.4130	05/25/36		1,962
	470,165	CWABS Asset-Backed Certificates Trust Series 2005-17 1AF4^(e)		6.5470	05/25/36		388,318
	307,417	CWABS Inc Asset-Backed Certificates Series 2004-1 M1^(c)	TSFR1M + 0.864%	5.7190	03/25/34		310,599
	40,401	CWABS Revolving Home Equity Loan Trust Series 2004-O 2A^(c)	TSFR1M + 0.394%	5.4910	02/15/34		39,858
	128,790	CWHEQ Home Equity Loan Trust Series 2006-S6 A5^(d)		5.9620	03/25/34		123,586
	1,294,871	CWHEQ Home Equity Loan Trust Series 2006-S5 A5		6.1550	06/25/35		2,287,353
	160,070	CWHEQ Home Equity Loan Trust Series 2006-S7 A5^(d)		5.9450	11/25/35		160,850
	22,665	CWHEQ Revolving Home Equity Loan Trust Series H 2A^(c)	TSFR1M + 0.354%	5.4510	12/15/35		22,650
	5,246,535	CWHEQ Revolving Home Equity Loan Trust Series 2006-I 2A^(c)	TSFR1M + 0.254%	5.3510	01/15/37		4,857,037
	147,351	Deutsche Alt-B Securities Inc Mortgage Loan Trust Series 2006-AB2 A3^(d)		4.7450	06/25/36		134,561
	105,163	Deutsche Alt-B Securities Mortgage Loan Trust Series 2006-AB1 A3^(e)		6.3650	02/25/36		97,389
	1,996,597	Deutsche Financial Capital Securitization, LLC Series 1998-I B1		7.2750	04/15/28		1,931,065
	29,020	Deutsche Mortgage Sec Inc Mort Loan Tr Series 2004-1 B2^(d)		5.5000	09/25/33		27,969
	24,588	Deutsche Mortgage Securities Inc Mortgage Loan Series 2006-PR1 4AF1^(c),(f)	TSFR1M + 0.404%	5.5010	04/15/36		21,581
	148,471	DSLA Mortgage Loan Trust Series 2004-AR1 A2B^(c)	TSFR1M + 0.954%	5.9190	09/19/44		131,619
	922,210	DSLA Mortgage Loan Trust Series 2004-AR2 A1B^(c)	TSFR1M + 0.914%	5.8790	11/19/44		779,236
	589,294	DSLA Mortgage Loan Trust Series 2004-AR2 A2B^(c)	TSFR1M + 0.914%	5.8790	11/19/44		547,726
	1,621,956	DSLA Mortgage Loan Trust Series 2005-AR3 2A1B^(c)	TSFR1M + 0.594%	5.5590	07/19/45		1,456,516
	3,382,151	DSLA Mortgage Loan Trust Series 2007-AR1 1A1B^(c)	TSFR1M + 0.254%	5.2190	04/19/47		2,583,222
	233,142	Equity One Mortgage Pass-Through Trust Series 2002-1 M1^(d)		6.2820	08/25/32		231,003
	209,469	Finance America Mortgage Loan Trust Series 2004-3 M2^(c)	TSFR1M + 1.059%	5.9140	11/25/34		187,326
	195,762	Finance America Mortgage Loan Trust Series 2004-3 M3^(c)	TSFR1M + 1.134%	5.9890	11/25/34		168,327
	248,998	First Franklin Mortgage Loan Trust Series 2002-FF1 M2^(c)	TSFR1M + 1.914%	6.7690	04/25/32		249,644
	11,836	First Franklin Mortgage Loan Trust Series 2003-FFB X^(d)		0.0000	02/25/33		11,063
	157,074	First Franklin Mortgage Loan Trust Series 2004-FF2 M5^(c)	TSFR1M + 1.614%	6.4690	03/25/34		150,523
	990,845	First Franklin Mortgage Loan Trust Series 2004-FFH3 M4^(c)	TSFR1M + 1.719%	6.5740	10/25/34		893,496

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	73,623	First Franklin Mortgage Loan Trust Series 2004-FFA X^(f)		0.0000	04/25/38	$	73,000
	148,545	First Horizon Alternative Mortgage Securities Series 2004-AA5 2A1^(d)		5.7370	12/25/34		140,181
	348,807	First Horizon Alternative Mortgage Securities Series 2004-AA7 1A1^(d)		5.2030	02/25/35		319,976
	24,711	First Horizon Alternative Mortgage Securities Series 2005-AA1 1A1^(d)		5.1440	03/25/35		14,394
	865,446	First Horizon Alternative Mortgage Securities Series 2005-AA3 2A1^(d)		3.9950	05/25/35		429,303
	214,498	First Horizon Alternative Mortgage Securities Series 2005-AA5 1A1^(d)		6.4410	07/25/35		134,685
	1,112	First Horizon Alternative Mortgage Securities Series 2006-AA4 1A1^(d)		0.0000	07/25/36		—
	18,114	First Horizon Mortgage Pass-Through Trust Series 2000-H 3B1^(d)		6.5670	05/25/30		17,919
	14,870	First Horizon Mortgage Pass-Through Trust Series 2000-H 4B2^(d)		6.8680	05/25/30		14,517
	153,307	First Horizon Mortgage Pass-Through Trust Series 2004-FL1 1A1^(c)	TSFR1M + 0.384%	5.2390	02/25/35		136,336
	178,895	First Horizon Mortgage Pass-Through Trust Series 2005-AR4 2A1^(d)		5.3540	10/25/35		166,427
	610,920	First Horizon Mortgage Pass-Through Trust Series 2005-AR6 3A1^(d)		6.6250	01/25/36		450,853
	467,808	First Horizon Mortgage Pass-Through Trust Series 2006-AR3 3A1^(d)		3.5150	10/25/36		360,528
	31,688	First Horizon Mortgage Pass-Through Trust Series 2007-AR2 2A1^(d)		3.8750	07/25/37		15,724
	174,726	FirstCity Capital Home Equity Loan Trust Series 1998-2 A3^(c),(f)	TSFR1M + 1.714%	6.5690	01/25/29		174,043
	286,085	FirstCity Capital Home Equity Loan Trust Series 1998-2 A1^(f)		6.9900	01/25/29		287,194
	225,332	Fremont Home Loan Trust Series 1999-3 A1^(c)	TSFR1M + 0.824%	5.6790	12/25/29		218,945
	206,198	Fremont Home Loan Trust Series 1999-3 A2^(c)	TSFR1M + 0.904%	5.7590	12/25/29		199,548
	1,374,940	Fremont Home Loan Trust Series 2002-2 M1^(c)	TSFR1M + 1.839%	6.6940	10/25/33		1,526,371
	35,506	Fremont Home Loan Trust Series 2004-B M7^(c)	TSFR1M + 3.114%	7.9690	05/25/34		29,690
	11,255	Fremont Home Loan Trust Series 2005-A M3^(c)	TSFR1M + 0.849%	5.7040	01/25/35		11,034
	291,832	Global Mortgage Securitization Ltd. Series 2004-A A2^(c),(f)	TSFR1M + 0.434%	5.2890	11/25/32		283,378
	75,273	GMACM Home Equity Loan Trust Series 2004-HE3 A2VN^(c),(f)	TSFR1M + 0.614%	5.4690	10/25/34		74,928
	10,540	GMACM Home Equity Loan Trust Series 2005-HE1 A1VN^(c),(f)	TSFR1M + 0.614%	5.4690	08/25/35		5,815
	938,196	GMACM Home Equity Loan Trust Series 2007-HE2 A1^(c)	SOFRRATE + 0.254%	5.1090	12/25/37		868,981
	711,910	GMACM Home Equity Loan Trust Series 2007-HE2 A4^(e)		7.4240	12/25/37		704,668
	134,336	GMACM Mortgage Loan Trust Series 2004-J2 A9^(h)		0.0000	06/25/34		113,970
	1,694,541	GMACM Mortgage Loan Trust Series 2005-AR4 3A1^(d)		3.7820	07/19/35		1,419,252
	519,439	GMACM Mortgage Loan Trust Series 2004-GH1 B^(e)		5.5000	07/25/35		379,237
	411,567	GMACM Mortgage Loan Trust Series 2005-AR6 3A1^(d)		4.4710	11/19/35		354,199
	129,193	GreenPoint Mortgage Funding Trust Series 2005-HE3 A^(c)	TSFR1M + 0.294%	5.3910	09/15/30		127,864
	641,395	GreenPoint Mortgage Funding Trust Series 2006-AR2 4A1^(c)	12MTA + 2.000%	7.1230	03/25/36		586,421
	59,735	GreenPoint Mortgage Funding Trust Series 2006-AR3 4A1^(c)	TSFR1M + 0.534%	5.3890	04/25/36		52,543
	259,602	GreenPoint Mortgage Funding Trust Series 2005-AR4 1A1^(c)	TSFR1M + 0.634%	5.4890	10/25/45		247,568

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	203,861	GreenPoint Mortgage Funding Trust Series 2005-AR5 3A1^(c)	TSFR1M + 0.674%	5.5290	11/25/45	$	150,373
	527,455	GreenPoint Mortgage Loan Trust Series 2004-1 A^(c)	TSFR1M + 1.264%	6.1190	10/25/34		415,992
	314,603	GreenPoint MTA Trust Series 2005-AR3 1A1^(c)	TSFR1M + 0.594%	5.4490	08/25/45		262,236
	1,317,300	GSAA Home Equity Trust Series 2005-2 B3^(c)	TSFR1M + 3.564%	8.4190	12/25/34		1,214,829
	82,456	GSAMP Trust Series 2004-HE1 M1^(c)	TSFR1M + 0.939%	5.7940	05/25/34		75,594
	1,369,211	GSAMP Trust Series 2004-SD1 M2^(c)	TSFR1M + 2.514%	7.3690	06/25/34		1,135,818
	140,046	GSMPS Mortgage Loan Trust Series 1998-2 A^(d),(f)		7.7500	05/19/27		146,254
	53,056	GSMPS Mortgage Loan Trust Series 1998-3 A^(d),(f)		4.9320	09/19/27		52,689
	132,038	GSMPS Mortgage Loan Trust Series 1999-2 A^(d),(f)		8.0000	09/19/27		130,883
	45,286	GSMPS Mortgage Loan Trust Series 1998-1 A^(d),(f)		8.0000	09/19/27		43,456
	364,258	GSMPS Mortgage Loan Trust Series 2001-2 A^(d),(f)		7.5000	06/19/32		345,029
	99,384	GSR Mortgage Loan Trust Series 2003-1 B1^(d)		5.7100	03/25/33		93,258
	9,412	GSR Mortgage Loan Trust Series 2003-1 A2^(c)	H15T1Y + 1.750%	6.7500	03/25/33		9,424
	68,996	GSR Mortgage Loan Trust Series 2003-3F B3^(d)		5.9500	04/25/33		64,258
	156,387	GSR Mortgage Loan Trust Series 2003-4F B3^(d)		5.9040	05/25/33		162,265
	154,989	GSR Mortgage Loan Trust Series 2003-9 A2^(c)	TSFR12M + 2.465%	6.6620	08/25/33		149,784
	67,720	GSR Mortgage Loan Trust Series 2004-15F 3A1^(c)	TSFR1M + 0.414%	5.2690	12/25/34		62,266
	256,935	GSR Mortgage Loan Trust Series 2005-1F 4A1^(c)	TSFR1M + 0.414%	5.2690	01/25/35		232,203
	55,674	GSR Mortgage Loan Trust Series 2005-7F 2A6		5.5000	09/25/35		54,762
	183,789	GSR Mortgage Loan Trust Series 2005-AR5 1A1^(d)		6.7070	10/25/35		175,897
	234,294	GSR Mortgage Loan Trust Series 2005-AR7 5A1^(d)		4.7710	11/25/35		193,111
	332,540	GSR Mortgage Loan Trust Series 2005-8F 2A1		5.5000	11/25/35		315,648
	443,793	GSR Mortgage Loan Trust Series 2005-8F 2A4		5.5000	11/25/35		421,249
	1,024,374	GSR Mortgage Loan Trust Series 2005-8F 2A6		5.5000	11/25/35		972,338
	1,137,923	GSR Mortgage Loan Trust Series 2006-2F 1A1		5.0000	02/25/36		1,031,826
	719,682	GSR Mortgage Loan Trust Series 2006-1F 4A1		5.5000	02/25/36		525,147
	30,133	GSR Mortgage Loan Trust Series 2006-1F 1A3		5.5000	02/25/36		79,113
	19,694	GSR Mortgage Loan Trust Series 2006-1F 1A9		5.5000	02/25/36		34,167
	165,965	GSR Mortgage Loan Trust Series 2006-2F 2A1		5.7500	02/25/36		143,906
	1,315,533	GSR Mortgage Loan Trust Series 2006-2F 2A13		5.7500	02/25/36		1,140,684
	1,554,433	GSR Mortgage Loan Trust Series 2006-2F 2A17		5.7500	02/25/36		1,347,831
	673,374	GSR Mortgage Loan Trust Series 2006-1F 1A6^(c)	TSFR1M + 1.064%	5.9190	02/25/36		1,553,562
	65,147,000	GSR Mortgage Loan Trust Series 2006-4F 2A2		5.5000	05/25/36		1,080,000
	875,000	GSR Mortgage Loan Trust Series 2006-4F 2A11		5.5000	05/25/36		560,000

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	2,604,000	GSR Mortgage Loan Trust Series 2006-4F 5A11		5.5000	05/25/36	$	837,500
	188,732	GSR Mortgage Loan Trust Series 2006-5F 2A1		6.0000	06/25/36		327,008
	371,876	GSR Mortgage Loan Trust Series 2006-5F 2A2		6.0000	06/25/36		644,334
	69,864	GSR Mortgage Loan Trust Series 2006-5F 2A4		6.0000	06/25/36		121,051
	10,274	GSR Mortgage Loan Trust Series 2006-7F 2A1		6.0000	08/25/36		1,575,000
	373,185	GSR Mortgage Loan Trust Series 2006-10F 2A1		5.7500	12/25/36		1,489,185
	153,394	GSR Mortgage Loan Trust Series 2007-1F 2A4		5.5000	01/25/37		239,843
	274,738	GSR Mortgage Loan Trust Series 2007-1F 2A2		5.5000	01/25/37		841,526
	776,548	GSR Mortgage Loan Trust Series 2007-1F 3A1		6.0000	01/25/37		472,576
	430,472	GSR Mortgage Loan Trust Series 2007-AR1 3A1^(d)		3.9030	03/25/37		371,651
	610,897	GSR Mortgage Loan Trust Series 2007-AR1 1A1^(d)		4.1730	03/25/37		326,354
	404,995	GSR Mortgage Loan Trust Series 2007-3F 2A1		5.7500	05/25/37		1,793,507
	232,829	GSR Mortgage Loan Trust Series 2007-AR2 5A1A^(d)		5.9300	05/25/37		217,633
	43,456	GSR Mortgage Loan Trust Series 2007-4F 1A1		5.0000	07/25/37		73,362
	2,155,275	GSR Mortgage Loan Trust Series 2007-4F 2A1		5.7500	07/25/37		3,809,287
	69,516	HarborView Mortgage Loan Trust Series 2003-1 B1^(d)		5.8470	05/19/33		56,087
	238,469	HarborView Mortgage Loan Trust Series 2004-1 B1^(d)		6.1520	04/19/34		205,498
	951,317	HarborView Mortgage Loan Trust Series 2004-8 3A2^(c)	TSFR1M + 0.914%	5.8790	11/19/34		733,087
	72,262	HarborView Mortgage Loan Trust Series 2004-9 4A2^(c)	TSFR1M + 0.894%	5.8590	12/19/34		64,113
	3,114,847	HarborView Mortgage Loan Trust Series 2005-2 1A^(c)	TSFR1M + 0.634%	1.5100	05/19/35		935,408
	43,368	HarborView Mortgage Loan Trust Series 2005-4 4A^(d)		6.1260	07/19/35		38,473
	180,393	HarborView Mortgage Loan Trust Series 2005-8 1A2A^(c)	TSFR1M + 0.774%	5.7390	09/19/35		117,710
	16,335	HarborView Mortgage Loan Trust Series 2005-14 2A1A^(d)		7.5170	12/19/35		16,274
	99,761	HarborView Mortgage Loan Trust Series 2005-14 3A1A^(d)		7.5870	12/19/35		93,683
	1,871,904	HarborView Mortgage Loan Trust Series 2005-16 4A1B^(c)	12MTA + 2.000%	7.1230	01/19/37		1,401,949
	18,412	Home Equity Asset Trust Series 2002-2 B1^(c)	TSFR1M + 2.714%	7.9920	06/25/32		35,133
	192,483	Home Equity Asset Trust Series 5 B1^(c)	TSFR1M + 4.364%	9.2190	05/25/33		202,928
	160,222	Home Equity Asset Trust Series 2003-1 B2^(c)	TSFR1M + 4.864%	9.7190	06/25/33		1,195,657
	96,264	Home Equity Asset Trust Series 2003-8 B2^(c)	TSFR1M + 3.364%	8.2190	04/25/34		136,050
	3,094,192	Home Equity Asset Trust Series 2004-5 M6^(c)	TSFR1M + 2.064%	7.3420	11/25/34		3,250,770
	4,646,000	Home Equity Asset Trust Series 2007-3 M1^(c)	TSFR1M + 0.639%	5.4940	08/25/37		5,358,065
	254,433	Home Equity Mortgage Loan Asset-Backed Trust Series C MV1^(c)	TSFR1M + 0.784%	4.8540	12/25/31		411,437
	196,997	Home Equity Mortgage Loan Asset-Backed Trust Series 2002-B M1^(c)	TSFR1M + 1.539%	6.3940	10/25/33		193,673
	62,978	Home Equity Mortgage Loan Asset-Backed Trust Series 2004-A M2^(c)	TSFR1M + 2.139%	3.7490	07/25/34		61,117

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	309,753	Home Equity Mortgage Trust Series 2007-1 A1^(c)	TSFR1M + 0.454%	5.3090	05/25/37	$	299,590
	297,591	IMC Home Equity Loan Trust Series 1996-2 A7		7.9500	07/25/26		300,009
	482,370	IMC Home Equity Loan Trust Series 1998-3 A7^(e)		5.4320	08/20/29		476,304
	58,304	IMC Home Equity Loan Trust Series 1998-5 A5^(e)		5.5220	12/20/29		58,377
	78,664	Impac CMB Trust Series 2004-10 3A2^(c)	TSFR1M + 0.914%	5.7690	03/25/35		75,381
	119,171	Impac CMB Trust Series 2005-4 2A2^(c)	TSFR1M + 0.494%	5.7290	05/25/35		112,940
	540,717	Impac CMB Trust Series 2005-4 2B1^(c)	TSFR1M + 1.764%	7.4440	05/25/35		556,424
	555,297	Impac CMB Trust Series 2005-7 A1^(c)	TSFR1M + 0.634%	5.4890	11/25/35		490,428
	183,931	Impac Secured Assets CMN Owner Trust Series 2003-3 M1^(d)		5.2810	08/25/33		180,304
	121,847	Impac Secured Assets CMN Owner Trust Series 2005-1 4A^(d)		6.0680	07/25/35		113,074
	113,385	IndyMac ARM Trust Series 2001-H1 1A^(d)		6.8730	08/25/31		60,963
	73,628	IndyMac IMSC Mortgage Loan Trust Series 2007-F3 PO^(h)		0.0000	09/25/37		43,228
	2,519,678	IndyMac INDA Mortgage Loan Trust Series 2005-AR2 3A1^(d)		4.5720	01/25/36		2,246,873
	15,046	IndyMac INDA Mortgage Loan Trust Series 2005-AR2 2A1^(d)		5.5190	01/25/36		14,238
	60,870	IndyMac INDA Mortgage Loan Trust Series 2007-AR4 3A1^(d)		4.7450	08/25/37		58,988
	1,709,918	IndyMac INDX Mortgage Loan Trust Series 2005-AR9 2A1^(d)		5.2470	07/25/35		1,620,949
	10,573	Irwin Home Equity Loan Trust Series 2004-1 2M2^(c)	TSFR1M + 1.989%	6.8440	12/25/34		10,573
	22,591	Irwin Home Equity Loan Trust Series 2004-1 2B1^(c)	TSFR1M + 3.189%	8.0440	12/25/34		22,553
	409,834	Irwin Home Equity Loan Trust Series 2006-P1 1A^(c),(f)	TSFR1M + 0.394%	5.2490	12/25/36		401,757
	345,922	Irwin Home Equity Loan Trust Series 2006-P1 2A3^(e),(f)		6.3000	06/25/37		343,598
	943,526	Jefferies Resecuritization Trust Series 2009-R6 7A5^(d),(f)		5.7700	08/26/35		890,775
	356,615	Jefferies Resecuritization Trust Series 2009-R7 6A2^(d),(f)		5.2710	10/21/35		365,275
	255,551	JP Morgan Alternative Loan Trust Series 2005-S1 2A1		5.0000	12/25/35		171,265
	5,210	JP Morgan Alternative Loan Trust Series 2006-S2 A4^(e)		6.6900	05/25/36		5,354
	380,117	JP Morgan Mortgage Trust Series 2004-S2 2A13^(c)	TSFR1M + 0.514%	5.3690	11/25/34		347,285
	182,021	JP Morgan Mortgage Trust Series 2004-S2 4A5		6.0000	11/25/34		167,623
	269,202	JP Morgan Mortgage Trust Series 2005-A6 5A1^(d)		6.7730	08/25/35		273,882
	658,629	JP Morgan Mortgage Trust Series 2005-A8 1A1^(d)		5.3210	11/25/35		532,870
	49,321	JP Morgan Mortgage Trust Series 2007-A2 3A1^(d)		4.8420	04/25/37		40,555
	161,982	JP Morgan Mortgage Trust Series 2007-S2 3A2		6.0000	06/25/37		158,629
	68,918	JP Morgan Mortgage Trust Series 2007-S2 3A3		6.5000	06/25/37		68,720
	1,279,145	JP Morgan Resecuritization Trust Series 2010-4 6A4^(d),(f)		4.4860	10/26/36		1,138,300
	1,640,338	Lehman A.B.S Manufactured Housing Contract Trust Series A C		0.0000	06/15/33		1,622,997
	128,972	Lehman Mortgage Trust Series 2005-2 5A2^(c)	-4.600(TSFR1M + 0.114%) + 28.060%	5.2010	12/25/35		121,027

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	599,421	Lehman Mortgage Trust Series 2005-2 AX^(b)		5.5000	12/25/35	$	90,692
	800,916	Lehman Mortgage Trust Series 2005-2 5A1^(c)	TSFR1M + 1.014%	5.8690	12/25/35		443,744
	1,369,419	Lehman Mortgage Trust Series 2007-5 8A1^(c)	TSFR1M + 0.394%	2.0080	08/25/36		240,540
	1,385,983	Lehman Mortgage Trust Series 2007-5 8A2^(b),(c)	-(TSFR1M + 0.114%) + 7.720%	2.7510	08/25/36		209,894
	587,757	Lehman Mortgage Trust Series 2006-7 5A1^(d)		1.2610	09/25/36		135,966
	108,308	Lehman Mortgage Trust Series 2007-3 2A1^(h)		0.0000	03/25/37		75,639
	230,507	Lehman Mortgage Trust Series 2007-10 2A2		1.6720	01/25/38		66,551
	188,317	Lehman Mortgage Trust Series 2006-4 4A1		6.0000	06/25/49		133,515
	2,830,866	Lehman XS Trust Series 2005-4 1M1^(c)	TSFR1M + 0.864%	5.7190	10/25/35		3,056,685
	657,310	Lehman XS Trust Series 2005-5N 1A2^(c)	TSFR1M + 0.474%	5.3290	11/25/35		650,016
	475,319	Lehman XS Trust Series 2007-3 1AA1^(c)	TSFR1M + 0.434%	5.2890	03/25/37		378,182
	502,845	Lehman XS Trust Series 2007-6 3A2^(e)		4.2500	05/25/37		496,445
	256,232	Lehman XS Trust Series 2006-2N 1A1^(c)	TSFR1M + 0.634%	5.4890	02/25/46		226,974
	1,082,993	Long Beach Mortgage Loan Trust Series 2002-1 M3^(c)	TSFR1M + 3.864%	8.7190	05/25/32		1,125,803
	427,286	Long Beach Mortgage Loan Trust Series 2003-2 M3^(c)	TSFR1M + 3.489%	8.3440	06/25/33		463,164
	791,478	Long Beach Mortgage Loan Trust Series 2004-5 A5^(c)	TSFR1M + 0.674%	5.5290	09/25/34		791,086
	4,650,286	Long Beach Mortgage Loan Trust Series 2005-WL1 3M3^(c)	TSFR1M + 1.089%	5.9440	06/25/45		4,746,641
	15,317	Luminent Mortgage Trust Series 2006-7 2A1^(c)	TSFR1M + 0.454%	5.3090	12/25/36		13,697
	187,955	Luminent Mortgage Trust Series 2006-7 1A1^(c)	TSFR1M + 0.474%	5.3290	12/25/36		176,811
	600,733	Luminent Mortgage Trust Series 2007-2 2A1^(c)	TSFR1M + 0.574%	5.4290	05/25/37		489,066
	131,786	MAFI II REMIC Trust Series 1999-A B1^(d),(f)		8.0000	03/20/25		128,970
	292,038	MASTR Adjustable Rate Mortgages Trust Series 2004-11 B1^(c)	TSFR1M + 2.364%	7.2190	11/25/34		286,085
	2,577,181	MASTR Adjustable Rate Mortgages Trust Series 2004-14 B2^(c)	TSFR1M + 3.514%	8.3690	01/25/35		2,254,035
	1,022,715	MASTR Adjustable Rate Mortgages Trust Series 2005-6 3A1^(d)		1.8930	07/25/35		355,166
	1,795,988	MASTR Adjustable Rate Mortgages Trust Series 2005-6 3A2^(d)		1.8930	07/25/35		605,456
	2,884,995	MASTR Adjustable Rate Mortgages Trust Series 2007-1 2A1^(d)		4.5960	11/25/36		1,556,457
	3,565,320	MASTR Adjustable Rate Mortgages Trust Series 2006-OA2 1A1^(c)	12MTA + 0.800%	5.9230	12/25/46		2,546,332
	299,007	MASTR Adjustable Rate Mortgages Trust Series 2006-OA2 2A1^(c)	12MTA + 0.800%	5.9230	12/25/46		238,929
	300,000	MASTR Adjustable Rate Mortgages Trust Series 2007-3 22A5^(c)	TSFR1M + 0.794%	5.6490	05/25/47		241,886
	12,559	MASTR Alternative Loan Trust Series 2004-10 4A1		6.0000	09/25/34		12,144
	543,752	MASTR Alternative Loan Trust Series 2004-13 9A2		5.5000	01/25/35		287,109
	49,976	MASTR Alternative Loan Trust Series 2005-6 30PO^(h)		0.0000	12/25/35		11,808
	97,859	MASTR Alternative Loan Trust Series 2005-6 3A1		5.5000	12/25/35		86,557
	156,594	MASTR Asset Backed Securities Trust Series 2003-NC1 M4^(c)	TSFR1M + 5.364%	4.3580	04/25/33		158,294

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	52,210	MASTR Asset Backed Securities Trust Series 2003-WMC2 M2^(c)	TSFR1M + 2.589%	4.3310	08/25/33	$	55,961
	388,966	MASTR Asset Securitization Trust Series 2002-NC1 M3^(c)	TSFR1M + 3.264%	8.1190	10/25/32		358,772
	29,321	MASTR Asset Securitization Trust Series 2003-11 6A16		5.2500	12/25/33		28,754
	78,883	MASTR Asset Securitization Trust Series 2004-9 3A7		5.2500	07/25/34		75,432
	106,631	MASTR Asset Securitization Trust Series 2004-11 5A5		5.7500	12/25/34		85,631
	942,375	MASTR Asset Securitization Trust Series 2004-11 5A4		5.7500	12/25/34		758,400
	1,304,086	MASTR Reperforming Loan Trust Series 2005-1 1A4^(f)		7.5000	08/25/34		982,238
	47,274	MASTR Seasoned Securitization Trust Series 2003-1 3A2^(c)	TSFR1M + 0.514%	5.3690	02/25/33		44,999
	34,798	Mellon Residential Funding Cor Mor Pas Thr Tr Series 1999-TBC3 B5^(d),(f)		6.1340	10/20/29		33,712
	55,770	Mellon Residential Funding Cor Mor Pas Thr Tr Series 1999-TBC3 B4^(d),(f)		6.1340	10/20/29		54,033
	1,647,551	MERIT Securities Corporation Series 11PA B3^(c),(f)	SOFRRATE + 2.364%	7.2100	09/28/32		1,524,278
	693	MERIT Securities Corporation Series 12-1 1M1^(e)		7.6300	07/28/33		690
	114,348	Merrill Lynch Alternative Note Asset Trust Series 2007-AF1 1AF2		5.7500	05/25/37		110,202
	251,632	Merrill Lynch Mortgage Backed Securities Trust Series 2007-1 2A1^(d)		4.2710	04/25/37		219,191
	1,720,548	Merrill Lynch Mortgage Investors Trust Series 2003-WMC2 B1^(c)	TSFR1M + 4.389%	9.2440	02/25/34		1,262,994
	927,752	Merrill Lynch Mortgage Investors Trust Series 2005-NC1 B3^(c)	TSFR1M + 3.189%	8.0440	10/25/35		859,114
	155,492	Merrill Lynch Mortgage Investors Trust Series 2006-AF1 PO^(h)		0.0000	08/25/36		6
	30,725	Merrill Lynch Mortgage Investors Trust MLCC Series 2003-D B1^(c)	TSFR1M + 1.059%	5.9140	08/25/28		28,306
	23,504	Merrill Lynch Mortgage Investors Trust MLCC Series 2003-D B2^(c)	TSFR1M + 2.364%	7.2190	08/25/28		20,242
	120,347	Merrill Lynch Mortgage Investors Trust MLCC Series 2003-F B1^(c)	TSFR1M + 1.014%	5.8690	10/25/28		112,610
	96,010	Merrill Lynch Mortgage Investors Trust MLCC Series 2007-2 1A^(d)		7.1800	06/25/37		95,105
	96,072	Merrill Lynch Mortgage Investors Trust MLMI Series 2003-A2 2M1^(d)		6.7700	03/25/33		75,114
	1,055,650	Merrill Lynch Mortgage Investors Trust MLMI Series 2005-A7 2A1^(d)		5.3700	09/25/35		851,073
	9,181	Morgan Stanley A.B.S Capital I Inc Trust Series 2003-NC8 M3^(c)	TSFR1M + 3.264%	8.1190	09/25/33		9,383
	889,084	Morgan Stanley A.B.S Capital I Inc Trust Series 2003-NC10 B2^(c)	TSFR1M + 5.739%	10.5940	10/25/33		988,897
	710,256	Morgan Stanley A.B.S Capital I Inc Trust Series SD2 B1^(c)	TSFR1M + 4.164%	9.0190	04/25/34		760,011
	611,069	Morgan Stanley A.B.S Capital I Inc Trust Series 2004-SD3 B1^(c),(f)	TSFR1M + 3.339%	8.1940	06/25/34		655,077
	198,446	Morgan Stanley A.B.S Capital I Inc Trust Series 2004-HE7 M2^(c)	TSFR1M + 1.059%	5.9140	08/25/34		199,357
	766,895	Morgan Stanley A.B.S Capital I Inc Trust Series 2004-HE8 M2^(c)	TSFR1M + 1.134%	5.9890	09/25/34		765,478
	995,415	Morgan Stanley A.B.S Capital I Inc Trust Series 2005-WMC2 M3^(c)	TSFR1M + 0.819%	5.6740	02/25/35		981,128
	1,680,039	Morgan Stanley A.B.S Capital I Inc Trust Series 2007-NC4 A2D^(c)	TSFR1M + 0.364%	5.2190	05/25/37		1,416,459
	448,174	Morgan Stanley Dean Witter Capital I Inc Trust Series AM1 M2^(c)	TSFR1M + 2.589%	7.4440	01/25/32		681,145
	88,891	Morgan Stanley Dean Witter Capital I Inc Trust Series 2001-AM1 B1^(c)	TSFR1M + 3.414%	8.2690	02/25/32		488,951

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	207,890	Morgan Stanley Dean Witter Capital I Inc Trust Series NC1 M3^(c)	TSFR1M + 3.264%	8.1190	11/25/32	$	316,185
	1,642,789	Morgan Stanley Dean Witter Capital I Inc Trust Series 2003-NC2 B1^(c)	TSFR1M + 5.739%	10.5940	02/25/33		1,764,714
	4,910	Morgan Stanley Dean Witter Capital I Inc Trust Series 2002-AM3 B2^(c)	TSFR1M + 5.739%	11.0640	02/25/33		625,904
	80,049	Morgan Stanley Dean Witter Capital I Inc Trust Series 2003-HYB1 A1^(d)		6.0590	03/25/33		70,011
	304,966	Morgan Stanley Mortgage Loan Trust Series 2005-2AR B1^(c)	TSFR1M + 0.614%	5.4690	04/25/35		236,798
	181,162	Morgan Stanley Mortgage Loan Trust Series 2005-4 1A		5.0000	08/25/35		178,407
	116,321	Morgan Stanley Mortgage Loan Trust Series 2005-8SL M1^(c)	TSFR1M + 0.849%	5.7040	11/25/35		292,631
	736,591	Morgan Stanley Mortgage Loan Trust Series 2005-10 4A1		5.5000	12/25/35		433,701
	614,867	Morgan Stanley Mortgage Loan Trust Series 2005-9AR^(d)		5.8150	12/25/35		574,942
	4,469,863	Morgan Stanley Mortgage Loan Trust Series 2007-8XS A3W^(d)		6.0000	04/25/37		2,942,867
	69,838	Morgan Stanley Mortgage Loan Trust Series 2006-2 1A		5.2500	12/25/52		63,107
	13,424	Morgan Stanley Re-REMIC Trust Series 2010-R7 3B^(f)		5.5000	11/26/34		12,244
	2,909,902	Morgan Stanley Re-REMIC Trust Series 2011-R1 1B^(d),(f)		5.9420	02/26/37		3,409,492
	689,598	Morgan Stanley Resecuritization Trust Series 2015-R7 1BXA^(d),(f)		7.0600	02/26/29		633,828
	1,203,304	Morgan Stanley Resecuritization Trust Series 2014-R4 4B2^(d),(f)		5.6710	11/21/35		1,094,256
	11,675,188	Mortgage Loan Resecuritization Trust Series 2009-RS1 B15^(c),(f)	SOFRRATE + 0.454%	5.6550	04/16/36		7,885,190
	2,536,547	MortgageIT Mortgage Loan Trust Series 2006-1 1A2^(c)	TSFR1M + 0.514%	5.3690	04/25/36		1,882,735
	136,092	MortgageIT Mortgage Loan Trust Series 2006-1 1A1^(c)	TSFR1M + 0.574%	5.4290	04/25/36		127,896
	232,512	MortgageIT Trust Series 2004-1 B2^(c)	TSFR1M + 3.339%	8.1940	11/25/34		221,406
	338,798,775	MortgageIT Trust Series 2005-2		0.0000	05/25/35		2,875,000
	31,380	MortgageIT Trust Series 2005-2 1B1^(c)	SOFRRATE + 1.539%	6.3940	05/25/35		31,381
	303,809	MortgageIT Trust Series 2005-3 B3^(c)	TSFR1M + 3.864%	8.7190	08/25/35		387,399
	824,007	New Century Home Equity Loan Trust Series 2003-3 M3^(c)	TSFR1M + 3.684%	8.5390	07/25/33		1,165,791
	234,344	New Century Home Equity Loan Trust Series 2003-A M1^(c),(f)	(TSFR1M + 0.114%) + 1.125%	3.6020	10/25/33		247,766
	1,844	New Century Home Equity Loan Trust Series 2003-5 AI7^(d)		4.8810	11/25/33		1,832
	295,843	New Century Home Equity Loan Trust Series 2003-6 M1^(c)	TSFR1M + 1.194%	6.0490	01/25/34		299,637
	10,751,527	New Residential Mortgage Loan Trust Series 2019-5A B4IA^(b),(d),(f)		0.5000	08/25/59		186,785
	15,110,721	New Residential Mortgage Loan Trust Series 2019-5A B5IB^(b),(d),(f)		0.7500	08/25/59		393,776
	177,686	New York Mortgage Trust Series 2006-1 2A3^(d)		5.0020	05/25/36		154,264
	14,384	Nomura Asset Acceptance Corp Alternative Loan Series 2004-AP1 A5^(e)		5.8030	03/25/34		14,083
	90,248	Nomura Asset Acceptance Corp Alternative Loan Series 2004-AR1 5A3^(c)	TSFR1M + 1.134%	5.9890	08/25/34		88,259
	1,921,440	Nomura Asset Acceptance Corp Alternative Loan Series 2004-AR2 M2^(c)	TSFR1M + 1.814%	6.6690	10/25/34		1,944,475

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	195,566	Nomura Asset Acceptance Corp Alternative Loan Series 2006-AF1 2A^(d)		5.2520	06/25/36	$	142,337
	695,568	NovaStar Mortgage Funding Trust Series 2003-2 M2^(c)	TSFR1M + 2.889%	7.7440	09/25/33		705,385
	255,842	Oakwood Mortgage Investors, Inc. Series 1997-A B1		7.4500	05/15/27		231,093
	4,288	Oakwood Mortgage Investors, Inc. Series 1997-B B1		7.7500	08/15/27		4,068
	1,080,245	Oakwood Mortgage Investors, Inc. Series C B1^(d)		7.4500	11/15/27		1,084,701
	1,271,945	Oakwood Mortgage Investors, Inc. Series 1997-D B1^(d)		7.3250	02/15/28		1,282,530
	736,423	Oakwood Mortgage Investors, Inc. Series 1998-D M1^(f)		7.4150	01/15/29		731,867
	1,071,100	Oakwood Mortgage Investors, Inc. Series 2000-C M1		8.4900	10/15/30		1,038,152
	1,818,975	Oakwood Mortgage Investors, Inc. Series 2001-D A2^(d)		3.8340	08/15/31		734,845
	178,972	Option One Mortgage Loan Trust Series 2004-1 M4^(c)	TSFR1M + 2.589%	7.4440	01/25/34		156,428
	104,819	Option One Mortgage Loan Trust Series 2004-2 M5^(c)	TSFR1M + 3.114%	7.9690	05/25/34		97,901
	861,647	Option One Mortgage Loan Trust Series 2007-FXD1 1A1^(e)		5.8660	01/25/37		747,073
	183,447	Option One Mortgage Loan Trust Series 2007-FXD2 2A6^(e)		5.6800	03/25/37		164,190
	350,992	Option One Mortgage Loan Trust Series 2007-FXD2 2A5^(e)		6.1020	03/25/37		314,150
	715,555	Option One Woodbridge Loan Trust Series 2004-1 M^(c),(f)	TSFR1M + 1.614%	6.4690	02/25/34		713,167
	566,545	Origen Manufactured Housing Contract Trust Series 2007-A A2^(d)		7.8150	04/15/37		533,063
	3,853,501	Origen Manufactured Housing Contract Trust Series 2006-A A2^(d)		6.8760	10/15/37		3,562,434
	5,129,208	Ownit Mortgage Loan Trust Series 2005-4 M1^(c)	TSFR1M + 0.939%	5.7940	08/25/36		4,605,923
	217,672	PHHMC Series Trust Series 2006-4 B1^(d)		6.2940	12/18/36		214,739
	65,352	Popular A.B.S, Inc. Series 1998-1 A1^(e)		7.2000	12/25/29		62,012
	69,702	Prime Mortgage Trust Series 2004-1 1A6		5.2500	08/25/34		68,089
	1,509,577	Prime Mortgage Trust Series 2006-DR1 2A1^(f)		5.5000	05/25/35		1,354,145
	432,387	Prime Mortgage Trust Series 2006-DR1 2A2^(f)		6.0000	05/25/35		363,812
	453,332	Provident Bank Home Equity Loan Trust Series 1999-3 A3^(c)	TSFR1M + 0.894%	5.3590	01/25/31		388,969
	133,444	Provident Bank Home Equity Loan Trust Series 1999-3 A2^(c)	TSFR1M + 0.954%	5.3890	01/25/31		117,565
	351,254	Quest Trust Series 2003-X3 M3^(c),(f)	TSFR1M + 4.989%	9.8440	02/25/34		463,548
	2,633,612	RAAC Series Trust Series 2005-RP2 M6^(c),(f)	SOFRRATE + 3.115%	6.9690	06/25/35		2,625,364
	8,103,518	RAAC Series Trust Series 2005-SP3 SB		0.0000	12/25/35		6,160,673
	1,873,140	RAAC Series Trust Series 2006-SP4 M4^(c)	TSFR1M + 2.514%	7.3690	11/25/36		1,921,397
	1,612,516	RAAC Series Trust Series 2006-SP1 M2^(c)	TSFR1M + 0.939%	5.7940	09/25/45		1,153,400
	6,971,840	RAAC Series Trust Series 2006-RP1 M3^(c),(f)	TSFR1M + 2.889%	6.8190	10/25/45		6,980,544
	2,759,324	RAAC Series Trust Series 2006-RP1 M4^(c),(f)	TSFR1M + 2.927%	6.8440	10/25/45		2,791,316
	4,000,000	RAAC Series Trust Series 2006-RP4 M2^(c)	TSFR1M + 1.614%	6.4690	01/25/46		4,044,644
	4,638,000	RAAC Series Trust Series 2006-RP4 M3^(c)	TSFR1M + 2.114%	6.9690	01/25/46		4,736,699

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	265,984	RALI Series Trust Series 2004-QA4 NB21^(d)		5.7230	09/25/34	$	262,460
	344,050	RALI Series Trust Series 2004-QA4 NB1^(d)		6.0070	09/25/34		309,183
	352,266	RALI Series Trust Series 2004-QA6 NB2^(d)		4.4690	12/26/34		325,444
	938,085	RALI Series Trust Series 2004-QA6 NB4^(d)		4.9020	12/26/34		853,093
	1,772,082	RALI Series Trust Series 2005-QA2 A1I^(d)		1.5160	02/25/35		586,393
	169,969	RALI Series Trust Series 2005-QA2 NB2^(d)		4.7960	02/25/35		149,624
	1,703,722	RALI Series Trust Series 2005-QA2 A1II^(d)		4.8570	02/25/35		1,032,355
	179,358	RALI Series Trust Series 2005-QA3 NB4^(d)		0.0000	03/25/35		41,324
	59,191	RALI Series Trust Series 2005-QA3 NB1^(d)		3.6360	03/25/35		32,061
	28,383	RALI Series Trust Series 2005-QA4 A42^(d)		4.6320	04/25/35		27,936
	672,001	RALI Series Trust Series 2005-QA6 NB23^(d)		2.6310	05/25/35		326,885
	31,733	RALI Series Trust Series 2005-QA8 NB2^(d)		5.4580	07/25/35		29,470
	372,182	RALI Series Trust Series 2005-QA8 CB21^(d)		5.5540	07/25/35		206,954
	2,624,297	RALI Series Trust Series 2005-QA9 NB21^(d)		1.9500	08/25/35		1,024,490
	1,258,019	RALI Series Trust Series 2005-QA9 CB3^(d)		5.1420	08/25/35		1,157,416
	4,973,951	RALI Series Trust Series 2005-QA11 3A1^(d)		1.8520	10/25/35		1,798,237
	20,915	RALI Series Trust Series 2005-QA11 6A1^(d)		6.1580	10/25/35		18,622
	1,222,051	RALI Series Trust Series 2005-QA12 CB3^(d)		5.2430	12/25/35		1,135,058
	135,437	RALI Series Trust Series 2005-QA12 NB2^(d)		6.5230	12/25/35		131,754
	196,392	RALI Series Trust Series 2006-QA2 3A1^(d)		6.4500	02/25/36		165,621
	7,269,395	RALI Series Trust Series 2006-QS11 2A1		1.8650	08/25/36		2,418,042
	51,187	RALI Series Trust Series 2006-QS12 2A11		5.0000	09/25/36		37,732
	282,400	RALI Series Trust Series 2007-QS4 1A4		6.2500	03/25/37		224,364
	597,401	RALI Series Trust Series 2005-QO4 2A1^(c)	TSFR1M + 0.674%	5.5290	12/25/45		416,593
	2,949,446	RALI Series Trust Series 2007-QO5 A^(c)	12MTA + 3.120%	6.8900	08/25/47		480,310
	477,762	RAMP Series Trust Series 2003-SL1 A41		8.0000	04/25/31		465,537
	407,306	RAMP Series Trust Series 2005-SL2 A5		3.8070	10/25/31		171,378
	535,992	RAMP Series Trust Series 2004-SL1 A8		6.5000	11/25/31		483,750
	437,008	RAMP Series Trust Series 2004-SL3 A4		3.9550	12/25/31		205,375
	321,116	RAMP Series Trust Series 2005-SL1 A3		0.9790	05/25/32		44,573
	785,068	RAMP Series Trust Series 2005-SL1 A7		8.0000	05/25/32		527,921
	252,986	RAMP Series Trust Series 2004-SL4 A5		2.4360	07/25/32		96,292
	650,166	RAMP Series Trust Series 2003-RS7 MII2^(c)	TSFR1M + 1.914%	4.7630	08/25/33		631,716
	361,774	RAMP Series Trust Series 2003-RS10 MII2^(c)	TSFR1M + 1.814%	4.8520	11/25/33		360,329

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	1,762,757	RAMP Series Trust Series 2004-RS7 A3^(d)		6.2290	07/25/34	$	1,606,333
	168,873	RAMP Series Trust Series 2006-RS6 A4^(c)	TSFR1M + 0.654%	5.5090	11/25/36		139,343
	2,742,835	RASC Series Trust Series 2004-KS11 M2^(c)	SOFRRATE + 1.614%	6.4690	12/25/34		2,882,506
	2,194,294	RBSGC Mortgage Loan Trust Series 2005-A 4A		6.0000	04/25/35		1,921,560
	477,231	RBSGC Mortgage Loan Trust Series 2007-A 1A1		6.0000	01/25/37		414,551
	1,275,847	RBSSP Resecuritization Trust Series 2009-6 8A3^(d),(f)		6.0000	08/26/35		395,132
	67,659	Renaissance Home Equity Loan Trust Series 2002-4 B^(e)		4.2390	03/25/33		11,043
	97,505	Renaissance Home Equity Loan Trust Series 2004-3 AF6^(e)		5.3240	11/25/34		92,456
	83,890	Renaissance Home Equity Loan Trust Series 2005-4 A4^(e)		5.8250	02/25/36		82,122
	68,712	Reperforming Loan REMIC Trust Series 2004-R1 2A^(f)		6.5000	11/25/34		65,729
	323,520	Reperforming Loan REMIC Trust Series 2006-R2 AF1^(c),(f)	TSFR1M + 0.534%	5.3890	07/25/36		298,216
	177,716	Residential Asset Securitization Trust Series 2000-A6 B2		8.0000	10/25/30		116,111
	221,421	Residential Asset Securitization Trust Series 2004-A2 2A1^(c)	TSFR1M + 0.664%	5.5190	05/25/34		209,942
	226,790	Residential Asset Securitization Trust Series 2006-A3CB PO^(h)		0.0000	01/25/46		9,785
	181,799	Residential Asset Securitization Trust Series 2006-A3CB AX^(b),(d)		6.0000	01/25/46		35,565
	925,076	RFMSI Series Trust Series 2005-SA1 2A^(d)		4.3200	03/25/35		826,792
	239,772	RFMSI Series Trust Series 2005-SA3 3A^(d)		5.7690	08/25/35		203,366
	688,090	RFMSI Series Trust Series 2005-SA5 2A^(d)		5.0870	11/25/35		618,940
	104,074	RFMSI Series Trust Series 2006-SA1 2A1^(d)		5.8350	02/25/36		96,365
	186,566	RFMSI Series Trust Series 2006-SA3 3A1^(d)		6.1100	09/25/36		167,969
	114,538	RFMSI Series Trust Series 2006-SA4 2A1^(d)		5.5580	11/25/36		95,279
	1,212,370	RFMSI Series Trust Series 2007-S9 1A1		6.0000	10/25/37		701,341
	491,936	RFSC Series Trust Series 2002-RP2 A1^(c),(f)	TSFR1M + 1.614%	6.4690	10/25/32		484,488
	420,719	RFSC Trust Series 2002-RP1 A1^(c),(f)	TSFR1M + 0.974%	5.8290	03/25/33		396,795
	3,592	SACO I Trust Series 2007-1 A1^(c)	TSFR1M + 0.434%	5.2890	01/25/37		4,551
	24,118	SACO I Trust Series 2007-2 A1^(c)	TSFR1M + 0.434%	5.2890	02/25/37		24,474
	45,608	SACO I Trust Series 2005-WM2 M1^(c)	TSFR1M + 0.939%	5.7940	07/25/35		47,003
	706,601	Sail Net Interest Margin Notes Series BC1A B^(f),(h)		0.0000	01/27/33		568,752
	576,011	Sail Net Interest Margin Notes Series 2003-6A A^(a),(f)		7.0000	07/27/33		1,749,594
	3,180,517	SASCO ARC NIM Series 2003-5^(f)		6.0000	06/27/33		3,156,649
	2,216,726	Saxon Asset Securities Trust Series 2001-2 M1^(c)	TSFR1M + 0.909%	5.7640	03/25/31		2,015,756
	126,218	Sequoia Mortgage Trust Series 4 B^(c)	TSFR1M + 1.364%	6.6760	04/22/25		54,500
	30,495	Sequoia Mortgage Trust Series 6 B2^(c)	TSFR1M + 1.164%	6.1290	04/19/27		26,609
	16,041	Sequoia Mortgage Trust Series 2003-4 2B5^(d)		6.7910	07/20/33		14,689

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	31,872	Sequoia Mortgage Trust Series 2003-4 2B3^(d)		6.7910	07/20/33	$	27,492
	21,178	Sequoia Mortgage Trust Series 2003-4 2B2^(d)		6.7910	07/20/33		18,453
	120,736	Sequoia Mortgage Trust Series 2004-1 B1^(c)	TSFR1M + 0.939%	5.9000	02/20/34		103,789
	3,156,043	SHARPS OTC Series 2002-AQ1N		0.0000	04/25/31		1,975,000
	37,693	Sofi Mortgage Trust Series 2016-1A 1AMF^(d),(f)		3.0000	11/25/46		34,089
	24,040	Soundview Home Loan Trust Series 2004-1 M2^(c)	TSFR1M + 1.134%	5.9890	07/25/34		21,595
	142,932	Soundview Home Loan Trust Series 2004-1 M7^(c)	TSFR1M + 3.039%	7.8940	07/25/34		114,929
	930,065	Soundview Home Loan Trust Series 2004-1 M9^(c)	TSFR1M + 4.989%	9.8440	07/25/34		725,313
	28,732,680	Soundview Home Loan Trust Series 2007-OPT4 X1^(b),(d)		0.4420	09/25/37		732,462
	1,349,382	Structured Adjustable Rate Mortgage Loan Trust Series 2005-14 A1^(c)	TSFR1M + 0.424%	5.2790	07/25/35		809,750
	180,551	Structured Adjustable Rate Mortgage Loan Trust Series 2007-3 2A1^(d)		4.5310	04/25/47		169,591
	281,185	Structured Asset Investment Loan Trust Series 2003-BC10 M2^(c)	TSFR1M + 2.889%	7.7440	10/25/33		309,647
	1,675,193	Structured Asset Investment Loan Trust Series 2003-BC10 M3^(c)	TSFR1M + 3.414%	8.2690	10/25/33		1,848,517
	282,449	Structured Asset Investment Loan Trust Series 2004-8 A9^(c)	TSFR1M + 1.114%	5.9690	09/25/34		284,310
	166,018	Structured Asset Mortgage Investments II Trust Series 2004-AR5 2A3^(d)		5.1680	10/19/34		150,991
	185,712	Structured Asset Mortgage Investments II Trust Series 2004-AR6 A1B^(c)	TSFR1M + 0.514%	5.4790	02/19/35		175,362
	1,138,719	Structured Asset Mortgage Investments II Trust Series 2006-AR3 21A1^(c)	TSFR1M + 0.514%	5.3690	02/25/36		924,304
	1,780,831	Structured Asset Mortgage Investments II Trust Series 2006-AR1 2A2^(c)	TSFR1M + 0.734%	5.5890	02/25/36		1,761,267
	4,212,945	Structured Asset Mortgage Investments II Trust Series 2006-AR3 24A1^(d)		1.1530	05/25/36		831,337
	121,591	Structured Asset Mortgage Investments II Trust Series 2006-AR3 22A1^(d)		3.3530	05/25/36		59,066
	53,962	Structured Asset Mortgage Investments II Trust Series 2007-AR2 1A1^(c)	TSFR1M + 0.414%	5.2690	02/25/37		50,781
	627,191	Structured Asset Mortgage Investments II Trust Series 2007-AR2 2A1^(c)	TSFR1M + 0.374%	2.4980	03/25/37		228,766
	1,257,347	Structured Asset Mortgage Investments II Trust Series 2006-AR5 3A1^(c)	TSFR1M + 0.534%	2.9240	05/25/46		490,798
	642,965	Structured Asset Mortgage Investments II Trust Series 2006-AR5 2A1^(c)	TSFR1M + 0.534%	5.3890	05/25/46		427,986
	285,476	Structured Asset Mortgage Investments Trust Series 2002-AR5 A2^(c)	TSFR1M + 1.314%	6.2790	05/19/33		260,032
	470,369	Structured Asset Sec Corp Mort Pass Thr Certs Series 1998-6 B2		6.5000	07/25/28		357,731
	1,517,806	Structured Asset Sec Corp Mort Passthr Certs Series 2003-40A B1^(d)		6.2840	01/25/34		1,170,558
	340	Structured Asset Sec Mortgage Pass-Through Series 2002-21A B1II^(d)		7.4490	11/25/32		343
	84,615	Structured Asset Securities Corp Assistance Loan Series AL2 B1^(f)		3.3560	01/25/31		65,720
	957,132	Structured Asset Securities Corp Mor Cer Series 2003-31A B1^(d)		6.6180	10/25/33		852,517

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	238,121	Structured Asset Securities Corp Mortgage Series 2003-39EX M3^(e)		3.7630	08/25/33	$	223,094
	383,912	Structured Asset Securities Corp Mortgage Series 2004-11XS 1A5A^(e)		4.8670	06/25/34		377,389
	15,328	Structured Asset Securities Corp Mortgage Loan Series 2005-2XS 2A2^(c)	TSFR1M + 1.614%	6.8150	02/25/35		16,070
	157,113	Structured Asset Securities Corp Mortgage Loan Series WF2 B2^(c),(f)	TSFR1M + 3.864%	8.7190	05/25/35		161,346
	106,260	Structured Asset Securities Corp Mortgage Pass Series 2001-SB1 A2		3.3750	08/25/31		105,821
	508,696	TBW Mortgage-Backed Pass-Through Certificates Series 2006-1 2A1		6.5000	04/25/36		302,579
	483,804	TBW Mortgage-Backed Trust Series 2006-2 1A3		1.5780	07/25/36		170,830
	1,195,274	TBW Mortgage-Backed Trust Series 2006-6 A2B^(e)		1.0140	01/25/37		269,292
	285,682	Terwin Mortgage Trust Series 2004-1HE M2^(c),(f)	TSFR1M + 2.589%	7.4440	02/25/34		210,207
	2,307,554	Terwin Mortgage Trust Series 2004-21HE 2M3^(c),(f)	TSFR1M + 2.739%	7.5940	12/25/34		2,292,069
	3,050,000	Terwin Mortgage Trust Series 2006-8 1A2^(d),(f)		0.0810	08/25/37		1,422,303
	918,892	Terwin Mortgage Trust Series 2006-9HGA A3^(c),(f)	TSFR1M + 0.674%	4.5396	10/25/37		288,069
	297,541	Terwin Mortgage Trust Series 2006-17HE A2B1^(c),(f)	TSFR1M + 0.514%	5.3690	01/25/38		342,851
	281,268	Terwin Mortgage Trust Series 2007-6ALT A2^(c),(f)	TSFR1M + 0.714%	5.5690	08/25/38		208,944
	527,914	Terwin Mortgage Trust Series TMTS Series 2003-2HE^(c)	TSFR1M + 1.014%	5.8690	07/25/34		558,574
	139,127	Thornburg Mortgage Securities Trust Series 2007-3 2A1^(c)	TSFR12M + 1.965%	5.7890	06/25/47		136,048
	3,475,035	Truman Capital Mortgage Loan Trust Series 2002-2 M2^(c),(f)	TSFR1M + 4.764%	9.6190	11/25/32		2,971,502
	400,000	Truman Capital Mortgage Loan Trust Series 2006-1 M1^(c),(f)	TSFR1M + 0.834%	5.6890	03/25/36		368,723
	554,948	UCFC Home Equity Loan Trust Series 1998-D BV1^(c)	TSFR1M + 3.364%	8.4610	12/15/28		676,758
	1,077,450	UCFC Manufactured Housing Contract Series 1998-3 M1		6.5060	01/15/30		1,044,836
	3,454	United National Home Loan Owner Trust Series 1999-1 M1^(a),(e)		6.9100	03/25/25		3,697
	744,568	Voyager CNTYW Delaware Trust Series 2009-1 5AU0^(d),(f)		5.4510	02/16/36		703,052
	2,343,710	Voyager CNTYW Delaware Trust Series 2009-1 5AT3^(d),(f)		5.4510	02/16/36		2,196,005
	5,968,073	Voyager CNTYW Delaware Trust Series 2009-1 5DS2^(d),(f)		5.4110	05/16/36		5,697,116
	2,365,238	Voyager OPTONE Delaware Trust Series 2009-1 SAA7^(b),(d),(f)		1.1060	02/25/38		532,221
	938,177	Wachovia Mortgage Loan Trust, LLC Series 2005-A 2A1^(d)		4.2230	08/20/35		857,869
	389,486	Wachovia Mortgage Loan Trust, LLC Series 2005-A 1A1^(d)		6.9900	08/20/35		380,514
	39,782	Wachovia Mortgage Loan Trust, LLC Series 2006-A 1A1^(d)		2.8580	05/20/36		37,193
	95,281	WaMu Mortgage Backed Pass Through Certificates Series 2001-AR5 B1^(d)		5.3020	12/19/39		88,672
	32,495	WaMu Mortgage Backed Pass Through Certificates Series 2001-AR5 B4^(d),(f)		5.3020	12/19/39		29,246
	24,381	WaMu Mortgage Backed Pass Through Certificates Series 2001-AR5 B5^(d),(f)		5.3020	12/19/39		21,663
	20,244	WaMu Mortgage Backed Pass Through Certificates Series 2001-AR5 B6^(d),(f)		5.3020	12/19/39		15,308

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	93,022	WaMu Mortgage Pass-Through Certificates Series 2002-AR13 M1^(d)		6.4950	10/25/32	$	88,482
	390,706	WaMu Mortgage Pass-Through Certificates Series 2002-AR19 B1^(d)		5.5300	02/25/33		368,130
	1,050,380	WaMu Mortgage Pass-Through Certificates Series 2003-S4 CB2^(d)		0.2330	06/25/33		639,679
	31,110	WaMu Mortgage Pass-Through Certificates Series 2003-AR5 A7^(d)		6.2820	06/25/33		31,248
	112,839	WaMu Mortgage Pass-Through Certificates Series 2003-AR6 A1^(d)		7.2660	06/25/33		110,716
	162,176	WaMu Mortgage Pass-Through Certificates Series 2003-AR9 1B2^(d)		6.5770	09/25/33		128,045
	170,254	WaMu Mortgage Pass-Through Certificates Series AR9 1B1^(d)		6.5770	09/25/33		152,694
	609,103	WaMu Mortgage Pass-Through Certificates Series 2003-S13 CB1^(d)		5.9450	01/25/34		559,465
	59,608	WaMu Mortgage Pass-Through Certificates Series 2004-S2 2A4		5.5000	06/25/34		59,426
	36,037	WaMu Mortgage Pass-Through Certificates Series AR16 2A2^(d)		5.0710	12/25/35		32,570
	40,964	WaMu Mortgage Pass-Through Certificates Series 2006-AR12 3A1^(d)		3.9660	10/25/36		35,431
	180,275	WaMu Mortgage Pass-Through Certificates Series 2001-AR3 B1^(d)		4.1380	11/25/41		155,923
	58,284	WaMu Mortgage Pass-Through Certificates Series 2002-AR6 B4^(c),(f)	12MTA + 1.400%	6.5230	06/25/42		47,189
	73,983	WaMu Mortgage Pass-Through Certificates Series 2002-AR6 B3^(c)	12MTA + 1.400%	6.5230	06/25/42		64,473
	71,726	WaMu Mortgage Pass-Through Certificates Series 2002-AR6 B2^(c)	12MTA + 1.400%	6.5230	06/25/42		63,619
	143,130	WaMu Mortgage Pass-Through Certificates Series 2002-AR6 B1^(c)	12MTA + 1.400%	6.5230	06/25/42		128,083
	49,922	WaMu Mortgage Pass-Through Certificates Series 2002-AR9 1B1^(c)	12MTA + 1.400%	6.5230	08/25/42		47,185
	11,774	WaMu Mortgage Pass-Through Certificates Series 2002-AR9 1B3^(c)	12MTA + 1.400%	6.5230	08/25/42		7,004
	1,248,194	Washington Mutual Mortgage Pass-Through Series 2005-1 7A1		5.5000	03/25/35		1,056,287
	1,709,013	Washington Mutual Mortgage Pass-Through Series 2006-AR1 A1A^(c)	TSFR1M + 0.614%	5.4690	02/25/36		1,415,796
	2,423,174	Washington Mutual Mortgage Pass-Through Series 2006-2 3CB		6.0000	03/25/36		1,864,681
	416,311	Washington Mutual Mortgage Pass-Through Series 2006-AR5 3A^(c)	12MTA + 0.940%	6.0630	07/25/46		256,576
	801,962	Washington Mutual Mortgage Pass-Through Series 2006-AR6 2A^(c)	12MTA + 0.960%	6.0830	08/25/46		438,528
	20,832	Washington Mutual MSC Mortgage Pass-Through Series 2002-S4 B4^(f)		6.5000	10/19/29		19,960
	20,832	Washington Mutual MSC Mortgage Pass-Through Series 2002-S4 B5^(f)		6.5000	10/19/29		19,971
	306,393	Washington Mutual MSC Mortgage Pass-Through Series 2003-MS2 CB4^(d),(f)		0.0000	02/25/33		13,385
	21,428	Washington Mutual MSC Mortgage Pass-Through Series 2003-AR1 2A^(d)		4.9500	02/25/33		20,750
	161,251	Washington Mutual MSC Mortgage Pass-Through Series 2003-MS3 CB3^(d)		0.0000	03/25/33		72,776
	34,525	Washington Mutual MSC Mortgage Pass-Through Series 2003-MS7 B1		5.7500	03/25/33		33,888
	24,133	Washington Mutual MSC Mortgage Pass-Through Series 2003-MS9 2A		7.5000	04/25/33		24,743
	578,699	Washington Mutual MSC Mortgage Pass-Through Series 2003-AR2 M^(d)		5.1960	05/25/33		567,874
	584,022	Washington Mutual MSC Mortgage Pass-Through Series 2004-RA2 CB1^(d)		7.0000	07/25/33		487,939

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		ASSET BACKED SECURITIES — 77.5% (Continued)
		NON-AGENCY RESIDENTIAL MORTGAGE BACKED SECURITIES — 49.6% (Continued)
	3,432,209	Washington Mutual Asset-Backed Certificates Series 2006-HE5 1A^(c)	TSFR1M + 0.424%	4.3670	10/25/36	$	2,591,045
	12,167	Wells Fargo Home Equity Asset-Backed Securities Series 2004-2 AI9^(d)		4.9800	04/25/34		12,216
	37,559	Wells Fargo Home Equity Asset-Backed Securities Series 2004-2 M6^(c)	TSFR1M + 2.934%	7.7890	10/25/34		40,658
	494,571	Wells Fargo Home Equity Asset-Backed Securities Series 2 M7^(c)	TSFR1M + 4.614%	9.4690	10/25/34		508,637
	693,175	Wells Fargo Home Equity Asset-Backed Securities Series 2005-1 M9^(c)	TSFR1M + 2.664%	7.5190	04/25/35		731,299
	34,621	Wells Fargo Mortgage Backed Securities Series 2003-I B2^(d)		7.4130	09/25/33		25,391
	32,961	Wells Fargo Mortgage Backed Securities Series 2004-K 1A3^(d)		7.4900	07/25/34		33,684
							449,283,992
		OTHER ABS — 0.1%
	77,446	AFC Trust Series 2000-4 1A^(c),(f)	TSFR1M + 0.884%	5.7390	01/25/31		76,320
	668,943	Credit-Based Asset Servicing and Securitization, Series 2003-RP1 M2^(c),(f)	TSFR1M + 4.614%	9.4690	03/25/33		541,191
	39,154	Oakwood Mortgage Investors, Inc. Series 1996-B B1^(d),(f)		8.4500	10/15/26		38,920
	238,819	Oakwood Mortgage Investors, Inc. Series C B1^(f)		7.9600	04/15/27		237,492
							893,923
		WHOLE BUSINESS — 0.0%^(g)
	2,000,000	LOANME Trust SBL Series 2019-1 C^(e),(f)		15.0000	08/15/30		120,000

		TOTAL ASSET BACKED SECURITIES (Cost $714,382,717)					701,658,164

		CORPORATE BONDS — 17.3%
		BANKING — 0.4%
	3,410,000	Southern Financial		10.6000	09/07/30		3,444,100

		INSURANCE — 14.2%
	2,785,564	Ambac Assurance Corporation		0.0000	06/07/60		3,872,625
	77,628,771	Ambac Assurance Corporation^(f)		0.0000	06/07/69		107,923,252
	10,652,561	MBIA Global Funding, LLC^(f),(h),(j)		0.0000	12/15/31		3,954,763
	42,493,421	MBIA Global Funding, LLC^(h),(j)		0.0000	12/15/33		12,960,493
							128,711,133
		SPECIALTY FINANCE — 2.7%
	11,646,694	MSP Deer Finance Syndicated Loan		17.0000	04/09/25		11,646,694

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Principal Amount ($)			Spread	Coupon Rate (%)	Maturity	Fair Value
		CORPORATE BONDS — 17.3% (Continued)
		SPECIALTY FINANCE — 2.7% (Continued)
	1,831,162	OWS Cre Funding I, LLC Series MARG A^(c),(f)	SOFRRATE + 5.014%	10.1110	09/15/25	$	1,831,501
	2,000,000	PDOF MSN Issuer, LLC^(c),(f)	SOFRRATE + 4.500%	9.3400	03/01/25		1,970,377
	993,605	US Capital Funding II Ltd.^(c),(f),(j)	TSFR3M + 1.912%	7.1590	08/01/34		832,835
	2,736,758	WATTS GUERRA 005-A Deer Finance Syndicate Loan		15.5000	10/30/25		2,736,758
	4,000,000	X-Caliber Funding, LLC^(f)		5.0000	10/01/25		3,913,254
	1,275,000	X-Caliber Funding, LLC^(f)		11.0000	10/01/25		1,255,164
							24,186,583
		TOTAL CORPORATE BONDS (Cost $162,619,195)					156,341,816

Shares
		SHORT-TERM INVESTMENTS — 4.4%
		MONEY MARKET FUNDS - 4.4%
	40,294,142	First American Treasury Obligations Fund, Class X, 4.81% (Cost $40,294,142)⁽ⁱ⁾					40,294,142

		TOTAL INVESTMENTS - 99.8% (Cost $922,319,278)				$	903,325,954
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2%					2,253,348
		NET ASSETS - 100.0%				$	905,579,302

LLC	- Limited Liability Company

LTD	- Limited Company

REMIC	- Real Estate Mortgage Investment Conduit

12MTA	Federal Reserve US 12 Month Cumulative Avg 1 Year CMT

H15T1Y	US Treasury Yield Curve Rate T Note Constant Maturity 1 Year

PRIME	Prime Rate by Country United States

SOFR30A	United States 30 Day Average Secured Overnight Financing Rate

SOFRRATE	United States Secured Overnight Financing Rate

TSFR1M	1 Month Secured Overnight Financing Rate

TSFR3M	3 Month Secured Overnight Financing Rate

TSFR6M	6 Month Secured Overnight Financing Rate

TSFR12M	12 Month Secured Overnight Financing Rate

RATIONAL SPECIAL SITUATIONS INCOME FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

^(a)	Non-income producing security.

^(b)	Interest only securities.

^(c)	Variable rate security; the rate shown represents the rate on September 30, 2024.

^(d)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

^(e)	Step bond. Coupon rate is fixed rate that changes on a specified date. The rate shown is the current rate at September 30, 2024.

^(f)	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 September 30, 2024 the total market value of 144A securities is $416,855,587 or 46.0% of net assets.

^(g)	Percentage rounds to less than 0.1%.

^(h)	Zero coupon bond.

⁽ⁱ⁾	Rate disclosed is the seven day effective yield as of September 30, 2024.

^(j)	Illiquid security. As of September 30, 2024 the total market value of illiquid securities is $19,398,219 or 2.1% of net assets.

RATIONAL REAL ASSETS FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 100.9%
		AEROSPACE & DEFENSE - 7.1%
	158	General Dynamics Corporation	$	47,748
	76	Lockheed Martin Corporation		44,427
	93	Northrop Grumman Corporation		49,111
	446	Raytheon Technologies Corporation		54,036
				195,322
		CHEMICALS - 10.8%
	148	Air Products and Chemicals, Inc.		44,066
	833	Dow, Inc.		45,507
	609	DuPont de Nemours, Inc.		54,268
	203	Ecolab, Inc.		51,832
	105	New Linde plc		50,070
	139	Sherwin-Williams Company (The)		53,052
				298,795
		COMMERCIAL SUPPORT SERVICES - 5.1%
	244	Republic Services, Inc.		49,005
	257	Waste Connections, Inc.		45,957
	225	Waste Management, Inc.		46,710
				141,672
		DIVERSIFIED INDUSTRIALS - 4.7%
	360	Emerson Electric Company		39,373
	184	Honeywell International, Inc.		38,035
	528	Pentair PLC		51,633
				129,041
		ELECTRIC UTILITIES - 10.8%
	445	American Electric Power Company, Inc.		45,657
	1,051	Brookfield Infrastructure Partners, L.P.		36,827
	391	Duke Energy Corporation		45,082
	866	Fortis, Inc.		39,351
	512	NextEra Energy, Inc.		43,279
	484	SEMPRA		40,477
	518	Southern Company (The)		46,713
				297,386

RATIONAL REAL ASSETS FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 100.9% (Continued)
		GAS & WATER UTILITIES - 1.3%
	244	American Water Works Company, Inc.	$	35,683

		MACHINERY - 3.1%
	130	Caterpillar, Inc.		50,846
	86	Deere & Company		35,890
				86,736
		METALS & MINING - 1.9%
	1,037	Freeport-McMoRan, Inc.		51,767

		OIL & GAS PRODUCERS - 28.9%
	305	Cheniere Energy, Inc.		54,851
	197	Chevron Corporation		29,012
	383	ConocoPhillips		40,322
	902	Enbridge, Inc.		36,630
	2,712	Energy Transfer, L.P.		43,528
	1,292	Enterprise Products Partners, L.P.		37,610
	284	EOG Resources, Inc.		34,912
	341	Exxon Mobil Corporation		39,972
	2,300	Kinder Morgan, Inc.		50,807
	1,002	MPLX, L.P.		44,549
	687	Occidental Petroleum Corporation		35,408
	673	ONEOK, Inc.		61,330
	1,122	Pembina Pipeline Corporation		46,271
	295	Phillips 66		38,778
	2,196	Plains GP Holdings, L.P., Class A		40,626
	434	Targa Resources Corporation		64,237
	703	TC Energy Corporation		33,428
	1,447	Williams Companies, Inc. (The)		66,057
				798,328
		OIL & GAS SERVICES & EQUIPMENT - 0.7%
	454	Schlumberger Ltd		19,045

		REAL ESTATE INVESTMENT TRUSTS - 13.8%
	298	Alexandria Real Estate Equities, Inc.		35,388

RATIONAL REAL ASSETS FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		COMMON STOCKS — 100.9% (Continued)
		REAL ESTATE INVESTMENT TRUSTS - 13.8% (Continued)
	134	American Tower Corporation	$	31,163
	170	Crown Castle, Inc.		20,167
	286	Digital Realty Trust, Inc.		46,283
	54	Equinix, Inc.		47,932
	254	Prologis, Inc.		32,075
	109	Public Storage		39,662
	976	STAG Industrial, Inc.		38,152
	442	Welltower, Inc.		56,589
	1,013	Weyerhaeuser Company		34,300
				381,711
		RENEWABLE ENERGY - 1.2%
	1,528	Atlantica Sustainable Infrastructure plc		33,585

		STEEL - 4.0%
	235	Nucor Corporation		35,330
	131	Reliance, Inc.		37,887
	310	Steel Dynamics, Inc.		39,084
				112,301
		TRANSPORTATION & LOGISTICS - 7.5%
	304	Canadian National Railway Company		35,614
	490	Canadian Pacific Kansas City Ltd.		41,914
	983	CSX Corporation		33,943
	120	Norfolk Southern Corporation		29,820
	166	Union Pacific Corporation		40,916
	177	United Parcel Service, Inc., B		24,132
				206,339

		TOTAL COMMON STOCKS (Cost $2,346,999)		2,787,711

RATIONAL REAL ASSETS FUND

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

September 30, 2024

Shares			Fair Value
		SHORT-TERM INVESTMENTS — 0.7%
		MONEY MARKET FUNDS - 0.7%
	19,118	First American Treasury Obligations Fund, Class X, 4.81% (Cost $19,118)^(a)	$	19,118

		TOTAL INVESTMENTS - 101.6% (Cost $2,366,117)	$	2,806,829
		LIABILITIES IN EXCESS OF OTHER ASSETS - (1.6)%		(42,832	)
		NET ASSETS - 100.0%	$	2,763,997

LP	- Limited Partnership

LTD	- Limited Company

PLC	- Public Limited Company

^(a)

Rate disclosed is the seven day effective yield as of September 30, 2024.

RATIONAL/RGN HEDGED EQUITY FUND

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

	Fair Value

OTHER ASSETS IN EXCESS OF LIABILITIES - 100.0%	$	39,992
NET ASSETS - 100.0%	$	39,992

Mutual Fund & Variable Insurance Trust NPORT-PRational Special Situations Income Fund (Sep 2024 report)