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Schedule of Investments |
March 31, 2022 (unaudited) |
Manor Bond Fund |
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| | | | | Shares or Principal | | |
Security Description | | | Amount ($) | | Fair Value ($)(1) |
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US Treasury Notes 90.25% |
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US Treasury Note, 2.875%, Due 05/15/2028 | 100,000 | | 102,445 |
US Treasury Note, 1.25%, Due 07/31/2023 | | | 300,000 | | 297,012 |
US Treasury Note, 2.50%, Due 08/15/2023 | | | 225,000 | | 226,398 |
US Treasury Note, 1.75%, Due 11/15/2029 | | | 325,000 | | 311,289 |
US Treasury Note, 1.50%, Due 08/15/2026 | | | 150,000 | | 143,941 |
US Treasury Note, 0.50%, 02/28/2026 | | | 400,000 | | 370,235 |
US Treasury Note, Series C, 0.625% Due 05/15/2030 | 175,000 | | 152,653 |
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Total U.S. Government Obligations | (Cost $ 1,662,763) | | 1,603,973 |
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Money Market Registered Investment Companies - 9.52% |
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First American Treasury Obligation Fund Class Z - 0.01% (2) | 169,178 | | 169,178 |
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Total Money Market Registered Investment Companies | (Cost $ 169,178) | | 169,178 |
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Total Investments - 99.76% | (Cost 1,831,941) | | 1,773,151 |
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Other Assets less Liabilities - .24% | | | 4,184 |
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Total Net Assets - 100.00% | | | 1,777,335 |
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(1) Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments. |
These inputs are summarized in the three broad levels listed below. |
• Level 1 - quoted prices in active markets for identical securities |
• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
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The following is a summary of the inputs used as of March 31, 2022 in valuing the Fund's assets carried at fair value: |
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| | | | | Investments in | | Other Financial |
Valuation Inputs | | | | Securities | | Instruments |
Level 1 - Quoted Prices | | | $ | 169,178 | $ | - |
Level 2 - Other Significant Observable Inputs | | | 1,603,973 | | - |
Level 3 - Significant Unobservable Inputs | | | - | | - |
Total | | | | $ | 1,773,151 | $ | 0 |
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The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term |
debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment |
Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active |
market, such securities are reflected as Level 2. |
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(2) Investment in affiliate. The yield shown represents the 7-day yield in effect at March 31, 2022. |