James Micro Cap Fund (JMCRX) NPORT-P James Aggressive Allocation Fund (Mar 2024 report)

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

COMMON STOCKS - 52.7%	Shares		Value
Communication Services - 3.8%
Alphabet, Inc. - Class A (a)		69,000	$	10,414,170
Meta Platforms, Inc. - Class A		7,372		3,579,696
T-Mobile US, Inc.		15,000		2,448,300
				16,442,166
Consumer Discretionary - 6.2%
Amazon.com, Inc. (a)		31,310		5,647,698
Boot Barn Holdings, Inc. (a)		4,567		434,550
Deckers Outdoor Corporation (a)		1,800		1,694,268
Home Depot, Inc. (The)		16,000		6,137,599
Installed Building Products, Inc.		5,071		1,312,020
M/I Homes, Inc. (a)		20,189		2,751,559
McDonald’s Corporation		19,800		5,582,610
Oxford Industries, Inc.		9,000		1,011,600
TJX Companies, Inc. (The)		15,000		1,521,300
Winmark Corporation		1,401		506,742
				26,599,946
Consumer Staples - 3.9%
Casey’s General Stores, Inc.		2,500		796,125
Nestlé S.A. - ADR		16,300		1,731,060
PepsiCo, Inc.		6,050		1,058,811
Procter & Gamble Company (The)		31,100		5,045,975
Sysco Corporation		35,125		2,851,448
Walmart, Inc.		90,000		5,415,299
				16,898,718
Energy - 2.3%
Chevron Corporation		25,000		3,943,500
ConocoPhillips		9,076		1,155,193
Exxon Mobil Corporation		11,375		1,322,230
Matador Resources Company		8,059		538,099
Petroleo Brasileiro S.A. - ADR		14,723		223,937
Pioneer Natural Resources Company		1,821		478,013
Shell plc - ADR		10,600		710,624
Valero Energy Corporation		10,032		1,712,362
				10,083,958

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 52.7% (Continued)	Shares		Value
Financials - 5.8%
Arthur J. Gallagher & Company		9,295	$	2,324,121
Bancorp, Inc. (The) (a)		29,488		986,668
Berkshire Hathaway, Inc. - Class B (a)		7,007		2,946,584
BlackRock, Inc.		2,642		2,202,636
Enova International, Inc. (a)		49,844		3,131,699
Goldman Sachs Group, Inc. (The)		4,377		1,828,229
JPMorgan Chase & Company		30,926		6,194,477
LPL Financial Holdings, Inc.		5,000		1,321,000
MGIC Investment Corporation		31,967		714,782
Nelnet, Inc. - Class A		15,000		1,419,750
Primerica, Inc.		2,086		527,675
Regions Financial Corporation		65,499		1,378,099
				24,975,720
Health Care - 6.9%
Abbott Laboratories		19,650		2,233,419
AbbVie, Inc.		14,792		2,693,623
AstraZeneca plc - ADR		52,456		3,553,894
Cigna Group (The)		2,439		885,820
Danaher Corporation		9,000		2,247,480
Elevance Health, Inc.		4,282		2,220,388
Eli Lilly & Company		7,809		6,075,089
Johnson & Johnson		14,030		2,219,406
Novo Nordisk A/S - ADR		3,757		482,399
Thermo Fisher Scientific, Inc.		5,000		2,906,050
UnitedHealth Group, Inc.		7,621		3,770,109
Zoetis, Inc.		2,550		431,486
				29,719,163
Industrials - 5.8%
ABB Ltd. - ADR		34,656		1,606,652
Caterpillar, Inc.		10,762		3,943,520
Deere & Company		8,500		3,491,290
Eaton Corporation plc		19,768		6,181,057
Encore Wire Corporation		4,283		1,125,487
Generac Holdings, Inc. (a)		2,492		314,341
Lockheed Martin Corporation		2,220		1,009,811
Northrop Grumman Corporation		2,740		1,311,529

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 52.7% (Continued)	Shares		Value
Industrials - 5.8% (Continued)
Schneider Electric SE - ADR		14,004	$	634,381
Union Pacific Corporation		8,562		2,105,653
United Rentals, Inc.		4,500		3,244,995
				24,968,716
Information Technology - 14.6%
Accenture plc - Class A		7,000		2,426,270
Apple, Inc.		53,473		9,169,550
ASML Holding N.V.		2,632		2,554,277
Broadcom, Inc.		2,221		2,943,736
Cisco Systems, Inc.		23,171		1,156,465
Insight Enterprises, Inc. (a)		25,000		4,638,000
Jabil, Inc.		26,500		3,549,675
Mastercard, Inc. - Class A		9,000		4,334,130
Microsoft Corporation		40,075		16,860,354
Nova Ltd. (a)		22,432		3,978,988
NVIDIA Corporation		11,386		10,287,935
Taiwan Semiconductor Manufacturing Company Ltd. - ADR		3,534		480,801
Vishay Intertechnology, Inc.		30,833		699,292
				63,079,473
Materials - 0.8%
Avery Dennison Corporation		8,000		1,786,000
Linde plc		1,757		815,810
Nucor Corporation		3,698		731,834
				3,333,644
Real Estate - 1.0%
American Tower Corporation		5,050		997,830
CBRE Group, Inc. - Class A (a)		14,100		1,371,084
Prologis, Inc.		16,000		2,083,520
				4,452,434
Utilities - 1.6%
American Electric Power Company, Inc.		26,994		2,324,183
Iberdrola S.A. - ADR		22,276		1,110,459
NextEra Energy, Inc.		21,384		1,366,651

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 52.7% (Continued)	Shares		Value
Utilities - 1.6% (Continued)
Sempra		28,231	$	2,027,833
				6,829,126
Total Common Stocks (Cost $127,446,877)			$	227,383,064
EXCHANGE-TRADED FUNDS - 4.7%	Shares		Value
Consumer Discretionary Select Sector SPDR® Fund		17,300	$	3,181,297
iShares Gold Trust (a)		209,455		8,799,205
iShares Russell 2000 ETF		30,000		6,309,000
Technology Select Sector SPDR® Fund		8,512		1,772,794
Total Exchange-Traded Funds (Cost $13,720,182)			$	20,062,296

CORPORATE BONDS - 8.5%	Par Value		Value
Communication Services - 0.7%
AT&T, Inc., 2.950%, due 07/15/26	$	1,000,000	$	952,547
Comcast Corporation, 5.350%, due 11/15/27		2,000,000		2,038,141
				2,990,688
Consumer Discretionary - 0.2%
Ross Stores, Inc., 4.700%, due 04/15/27		1,000,000		988,752
Consumer Staples - 0.8%
Tyson Foods, Inc., 4.000%, due 03/01/26		1,500,000		1,463,353
Walmart, Inc., 5.250%, due 09/01/35		2,000,000		2,098,233
				3,561,586
Energy - 0.2%
BP Capital Markets America, Inc., 4.234%, due 11/06/28		1,000,000		978,639
Financials - 2.6%
Bank of America Corporation,
1.250%, due 09/24/26		2,000,000		1,803,381
5.000%, due 06/22/27		1,000,000		977,393
Bank of Montreal, 2.000%, due 12/22/26		2,500,000		2,255,129
Citigroup, Inc., 3.875%, due 03/26/25		2,000,000		1,965,835
Goldman Sachs Group, Inc. (The), 3.500%, due 04/01/25		1,000,000		981,068

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS (Continued)

CORPORATE BONDS - 8.5% (Continued)	Par Value		Value
Financials - 2.6% (Continued)
Royal Bank of Canada, 5.848%, due 02/14/25	$	1,000,000	$	1,003,034
State Street Corporation, 5.272%, due 08/03/26		2,000,000		2,010,790
				10,996,630
Health Care - 1.0%
Johnson & Johnson, 1.300%, due 09/01/30		5,000,000		4,135,990
Industrials - 0.3%
Caterpillar, Inc., 8.250%, due 12/15/38		1,000,000		1,303,195
Information Technology - 2.3%
Apple, Inc., 2.050%, due 09/11/26		2,500,000		2,346,679
Automatic Data Processing, Inc., 1.250%, due 09/01/30		2,000,000		1,634,066
Intel Corporation, 2.875%, due 05/11/24		5,000,000		4,983,910
PayPal Holdings, Inc., 2.650%, due 10/01/26		1,000,000		943,952
				9,908,607
Materials - 0.2%
Air Products & Chemicals, Inc., 4.850%, due 02/08/34		1,000,000		989,361
Utilities - 0.2%
Kentucky Utilities Company, 5.125%, due 11/01/40		1,000,000		961,072
Total Corporate Bonds (Cost $38,809,529)			$	36,814,520
MUNICIPAL BONDS - 1.7%	Par Value		Value
Ohio - 1.7%
Beavercreek Ohio City School District
Series 2015, 3.250%, due 12/01/36 (Cost $7,409,584)	$	7,450,000	$	7,245,973

U.S. GOVERNMENT & AGENCIES - 8.0%	Par Value		Value
Federal Farm Credit Bank - 1.7%
0.670%, due 08/04/25	$	2,000,000	$	1,889,518
2.750%, due 11/06/26		5,725,000		5,472,053
				7,361,571

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS (Continued)

U.S. GOVERNMENT & AGENCIES - 8.0% (Continued)	Par Value		Value
Federal Home Loan Bank - 3.0%
3.650%, due 07/19/24	$	1,000,000	$	995,199
3.000%, due 12/30/24		1,000,000		985,030
3.125%, due 04/29/25		2,500,000		2,450,082
4.050%, due 07/28/25		2,000,000		1,976,810
0.580%, due 09/11/25		2,000,000		1,880,122
1.020%, due 09/17/26		2,500,000		2,285,545
0.850%, due 10/15/27		2,500,000		2,209,296
				12,782,084
Federal Home Loan Mortgage Corporation - 0.5%
3.125%, due 06/28/24		2,000,000		1,988,926
Federal National Mortgage Association - 2.8%
3.500%, due 09/01/33		2,886,726		2,743,402
3.500%, due 05/25/47		250,843		237,477
2.500%, due 01/01/57		11,190,429		9,250,852
				12,231,731
Total U.S. Government & Agencies (Cost $37,165,712)			$	34,364,312
U.S. TREASURY OBLIGATIONS - 22.9%	Par Value		Value
U.S. Treasury Bills (b) - 0.2%
5.445%, due 09/05/24	$	1,000,000	$	977,675
U.S. Treasury Bonds - 4.0%
5.500%, due 08/15/28		5,000,000		5,247,266
3.625%, due 02/15/44		7,000,000		6,211,133
4.250%, due 02/15/54		6,000,000		5,900,625
				17,359,024
U.S. Treasury Notes - 18.7%
2.000%, due 06/30/24		2,000,000		1,983,099
4.500%, due 11/30/24		30,000,000		29,855,859

JAMES BALANCED: GOLDEN RAINBOW FUND

SCHEDULE OF INVESTMENTS (Continued)

U.S. TREASURY OBLIGATIONS - 22.9% (Continued)	Par Value		Value
U.S. Treasury Notes - 18.7% (Continued)
5.000%, due 09/30/25	$	5,000,000	$	5,012,305
2.375%, due 05/15/27		15,000,000		14,115,234
3.125%, due 11/15/28		30,000,000		28,573,828
4.125%, due 11/15/32		1,000,000		993,164
				80,533,489
Total U.S. Treasury Obligations (Cost $100,270,579)			$	98,870,188
MONEY MARKET FUNDS - 1.4%	Shares		Value
First American Treasury Obligations Fund - Class X, 5.22% (c) (Cost $5,910,465)		5,910,465	$	5,910,465
Total Investments at Value - 99.9% (Cost $330,732,928)			$	430,650,818
Other Assets in Excess of Liabilities - 0.1%				515,227
Net Assets - 100.0%			$	431,166,045

^(a) Non-income producing security.

^(b) The rate shown is the annualized yield at time of purchase.

^(c) The rate shown is the 7-day effective yield as of March 31, 2024.

ADR - American Depositary Receipt.

JAMES SMALL CAP FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

COMMON STOCKS - 95.3%	Shares		Value
Consumer Discretionary - 14.4%
Beazer Homes USA, Inc. (a)		10,013	$	328,426
Boot Barn Holdings, Inc. (a)		4,647		442,162
Boyd Gaming Corporation		3,895		262,211
Brinker International, Inc. (a)		22,182		1,102,002
Deckers Outdoor Corporation (a)		1,437		1,352,591
M/I Homes, Inc. (a)		2,458		335,001
Marriott Vacations Worldwide Corporation		2,670		287,639
Oxford Industries, Inc.		3,040		341,696
Patrick Industries, Inc.		6,190		739,519
Winmark Corporation		1,921		694,826
YETI Holdings, Inc. (a)		8,692		335,077
				6,221,150
Consumer Staples - 3.8%
Andersons, Inc. (The)		5,993		343,818
Casey’s General Stores, Inc.		699		222,597
Coca-Cola Consolidated, Inc.		960		812,554
Ingles Markets, Inc. - Class A		3,455		264,929
				1,643,898
Energy - 5.0%
Chord Energy Corporation		1,480		263,795
HF Sinclair Corporation		8,907		537,716
Magnolia Oil & Gas Corporation - Class A		19,100		495,645
Matador Resources Company		6,600		440,682
Par Pacific Holdings, Inc. (a)		5,439		201,569
SilverBow Resources, Inc. (a)		6,166		210,507
				2,149,914
Financials - 25.1%
American Equity Investment Life Holding Company (a)		9,397		528,299
American Financial Group, Inc.		2,630		358,942
Assured Guaranty Ltd.		10,300		898,676
Axos Financial, Inc. (a)		6,132		331,373
Bancorp, Inc. (The) (a)		7,299		244,225
Enova International, Inc. (a)		17,830		1,120,259
Evercore, Inc. - Class A		6,730		1,296,130
EZCORP, Inc. - Class A (a)		33,000		373,890

JAMES SMALL CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 95.3% (Continued)	Shares		Value
Financials - 25.1% (Continued)
Federated Hermes, Inc.		7,149	$	258,222
First BanCorporation		47,750		837,534
Houlihan Lokey, Inc.		6,300		807,597
LPL Financial Holdings, Inc.		1,313		346,895
MGIC Investment Corporation		37,900		847,444
Piper Sandler Companies		6,085		1,207,812
Radian Group, Inc.		26,798		896,929
SouthState Corporation		5,620		477,869
				10,832,096
Health Care - 7.6%
AMN Healthcare Services, Inc. (a)		3,900		243,789
Corcept Therapeutics, Inc. (a)		18,033		454,251
Dynavax Technologies Corporation (a)		46,770		580,416
Innoviva, Inc. (a)		35,600		542,544
Integer Holdings Corporation (a)		4,878		569,165
National HealthCare Corporation		3,545		335,038
Option Care Health, Inc. (a)		10,500		352,170
Varex Imaging Corporation (a)		11,600		209,960
				3,287,333
Industrials - 13.3%
Allegiant Travel Company		4,605		346,342
Boise Cascade Company		4,976		763,169
Encore Wire Corporation		6,285		1,651,573
FTI Consulting, Inc. (a)		5,420		1,139,772
Generac Holdings, Inc. (a)		4,288		540,888
Hillenbrand, Inc.		13,136		660,609
WESCO International, Inc.		3,556		609,072
				5,711,425
Information Technology - 9.5%
Avnet, Inc.		8,250		409,035
Axcelis Technologies, Inc. (a)		2,947		328,649
Concentrix Corporation		2,500		165,550
Insight Enterprises, Inc. (a)		3,605		668,800
Nova Ltd. (a)		3,000		532,140
PC Connection, Inc.		17,500		1,153,775
Progress Software Corporation		5,935		316,395

JAMES SMALL CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 95.3% (Continued)	Shares		Value
Information Technology - 9.5% (Continued)
TD SYNNEX Corporation		1,100	$	124,410
Vishay Intertechnology, Inc.		17,551		398,057
				4,096,811
Materials - 6.5%
Cleveland-Cliffs, Inc. (a)		24,575		558,835
Graphic Packaging Holding Company		15,189		443,215
Innospec, Inc.		5,286		681,577
Radius Recycling, Inc. - Class A		13,820		292,017
Warrior Met Coal, Inc.		13,785		836,749
				2,812,393
Real Estate - 7.1%
Agree Realty Corporation		6,505		371,566
DigitalBridge Group, Inc.		21,865		421,339
Healthcare Realty Trust, Inc.		8,000		113,200
Healthpeak Properties, Inc.		14,154		265,388
LXP Industrial Trust		58,560		528,210
National Storage Affiliates Trust		10,974		429,742
Sabra Health Care REIT, Inc.		10,000		147,700
STAG Industrial, Inc.		6,000		230,640
Terreno Realty Corporation		4,200		278,880
Xenia Hotel & Resorts, Inc.		16,940		254,269
				3,040,934
Utilities - 3.0%
IDACORP, Inc.		3,753		348,616
Otter Tail Corporation		5,935		512,784
Portland General Electric Company		10,455		439,110
				1,300,510
Total Common Stocks (Cost $26,156,558)			$	41,096,464
U.S. TREASURY OBLIGATIONS - 2.3%	Par Value		Value
U.S. Treasury Bills (b) - 2.3%
4.917%, due 10/03/24 (Cost $975,878)	$	1,000,000	$	974,157

JAMES SMALL CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

MONEY MARKET FUNDS - 2.5%	Shares		Value
First American Treasury Obligations Fund - Class X, 5.22% (c) (Cost $1,092,493)		1,092,493	$	1,092,493
Total Investments at Value - 100.1% (Cost $28,224,929)			$	43,163,114
Liabilities in Excess of Other Assets - (0.1%)				(39,584	)
Net Assets - 100.0%			$	43,123,530

^(a) Non-income producing security.

^(b) The rate shown is the annualized yield at time of purchase.

^(c) The rate shown is the 7-day effective yield as of March 31, 2024.

JAMES MICRO CAP FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

COMMON STOCKS - 99.4%	Shares		Value
Consumer Discretionary - 12.9%
Caleres, Inc.		2,845	$	116,730
Century Communities, Inc.		4,662		449,883
Haverty Furniture Companies, Inc.		13,509		460,927
Hibbett, Inc.		1,164		89,407
Hovnanian Enterprises, Inc. - Class A (a)		900		141,246
M/I Homes, Inc. (a)		4,097		558,380
MarineMax, Inc. (a)		5,750		191,245
Modine Manufacturing Company (a)		4,078		388,185
Patrick Industries, Inc.		4,044		483,136
Shoe Carnival, Inc.		12,950		474,489
Standard Motor Products, Inc.		5,625		188,719
Zumiez, Inc. (a)		4,568		69,388
				3,611,735
Consumer Staples - 5.1%
Central Garden & Pet Company - Class A (a)		16,385		604,934
Ingles Markets, Inc. - Class A		10,714		821,550
				1,426,484
Energy - 5.7%
Civitas Resources, Inc.		7,254		550,651
Dorian LPG Ltd.		19,032		731,970
Vital Energy, Inc. (a)		5,814		305,468
				1,588,089
Financials - 26.1%
Banco Latinoamericano de Comercio Exterior S.A. - Class E		3,372		99,879
Bancorp, Inc. (The) (a)		6,900		230,874
Donnelley Financial Solutions, Inc. (a)		16,726		1,037,179
Enova International, Inc. (a)		16,099		1,011,500
Federal Agricultural Mortgage Corporation - Class C		5,967		1,174,784
Investar Holding Corporation		8,542		139,747
Merchants Bancorp		23,196		1,001,603
National Western Life Group, Inc. - Class A		192		94,456
Nelnet, Inc. - Class A		5,646		534,394
OFG Bancorp		25,456		937,035
Piper Sandler Companies		4,690		930,918

JAMES MICRO CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 99.4% (Continued)	Shares		Value
Financials - 26.1% (Continued)
Skyward Specialty Insurance Group, Inc. (a)		2,632	$	98,463
				7,290,832
Health Care - 10.8%
Artivion, Inc. (a)		6,753		142,893
Cartesian Therapeutics, Inc. (a)		94,737		947
Dynavax Technologies Corporation (a)		11,764		145,991
Innoviva, Inc. (a)		20,082		306,050
Integer Holdings Corporation (a)		6,396		746,285
iRadimed Corporation		2,400		105,576
iTeos Therapeutics, Inc. (a)		3,964		54,069
Kiniksa Pharmaceuticals, Ltd. - Class A (a)		6,909		136,315
LeMaitre Vascular, Inc.		2,165		143,669
OraSure Technologies, Inc. (a)		9,526		58,585
Pennant Group, Inc. (The) (a)		5,582		109,574
PetIQ, Inc. (a)		3,617		66,119
Semler Scientific, Inc. (a)		2,765		80,766
SIGA Technologies, Inc.		52,400		448,544
Tactile Systems Technology, Inc. (a)		4,236		68,835
UFP Technologies, Inc. (a)		1,193		300,875
Zymeworks, Inc. (a)		10,578		111,281
				3,026,374
Industrials - 15.3%
ACCO Brands Corporation		74,997		420,733
Acme United Corporation		2,095		98,444
ArcBest Corporation		5,285		753,113
Boise Cascade Company		2,500		383,425
Columbus McKinnon Corporation		2,198		98,097
CRA International, Inc.		3,384		506,178
Cross Country Healthcare, Inc. (a)		4,213		78,867
Genco Shipping & Trading Ltd.		8,000		162,640
GEO Group, Inc. (The) (a)		7,691		108,597
Heidrick & Struggles International, Inc.		3,400		114,444
Insteel Industries, Inc.		3,500		133,770
Kforce, Inc.		2,400		169,248
Northwest Pipe Company (a)		3,394		117,704
Powell Industries, Inc.		389		55,355

JAMES MICRO CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 99.4% (Continued)	Shares		Value
Industrials - 15.3% (Continued)
Quanex Building Products Corporation		3,890	$	149,493
Shyft Group, Inc. (The)		6,336		78,693
Sterling Infrastructure, Inc. (a)		604		66,627
Transcat, Inc. (a)		2,200		245,146
V2X, Inc. (a)		6,950		324,635
Wabash National Corporation		7,214		215,987
				4,281,196
Information Technology - 16.5%
Cohu, Inc. (a)		8,022		267,373
ePlus, Inc. (a)		4,600		361,284
Insight Enterprises, Inc. (a)		4,631		859,143
Nova Ltd. (a)		7,543		1,337,978
PC Connection, Inc.		12,184		803,291
Photronics, Inc. (a)		22,198		628,647
ScanSource, Inc. (a)		3,090		136,084
Vishay Precision Group, Inc. (a)		6,384		225,547
				4,619,347
Materials - 5.1%
Haynes International, Inc.		2,510		150,901
Innospec, Inc.		2,821		363,740
Radius Recycling, Inc. - Class A		13,227		279,487
United States Lime & Minerals, Inc.		2,070		617,149
				1,411,277
Real Estate - 1.3%
PotlatchDeltic Corporation		7,517		353,449
Utilities - 0.6%
Clearway Energy, Inc. - Class C		7,332		169,003
Total Common Stocks (Cost $16,070,268)			$	27,777,786

JAMES MICRO CAP FUND

SCHEDULE OF INVESTMENTS (Continued)

MONEY MARKET FUNDS - 0.6%	Shares		Value
First American Treasury Obligations Fund - Class X, 5.22% (b) (Cost $168,793)		168,793	$	168,793
Total Investments at Value - 100.0% (Cost $16,239,061)			$	27,946,579
Other Assets in Excess of Liabilities - 0.0% (c)				11,438
Net Assets - 100.0%			$	27,958,017

^(a) Non-income producing security.

^(b) The rate shown is the 7-day effective yield as of March 31, 2024.

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

JAMES AGGRESSIVE ALLOCATION FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

COMMON STOCKS - 81.7%	Shares		Value
Communication Services - 8.3%
Alphabet, Inc. - Class A (a)		4,675	$	705,598
Comcast Corporation - Class A		3,645		158,011
Meta Platforms, Inc. - Class A		1,200		582,696
T-Mobile US, Inc.		2,300		375,406
Walt Disney Company (The)		1,425		174,363
				1,996,074
Consumer Discretionary - 9.2%
Best Buy Company, Inc.		1,815		148,884
Crocs, Inc. (a)		2,200		316,360
Deckers Outdoor Corporation (a)		700		658,882
Home Depot, Inc. (The)		700		268,520
M/I Homes, Inc. (a)		1,725		235,100
McDonald’s Corporation		1,000		281,950
Tractor Supply Company		1,205		315,373
				2,225,069
Consumer Staples - 3.9%
Lamb Weston Holdings, Inc.		1,500		159,795
PepsiCo, Inc.		1,100		192,511
Procter & Gamble Company (The)		1,700		275,825
Walmart, Inc.		5,100		306,867
				934,998
Energy - 5.2%
Cheniere Energy, Inc.		845		136,282
Chevron Corporation		2,000		315,480
Matador Resources Company		5,000		333,850
Petroleo Brasileiro S.A. - ADR		20,000		304,200
Valero Energy Corporation		1,000		170,690
				1,260,502
Financials - 9.5%
Bancorp, Inc. (The) (a)		4,900		163,954
BlackRock, Inc.		500		416,849
Charles Schwab Corporation (The)		3,000		217,020
Enova International, Inc. (a)		8,485		533,113
Goldman Sachs Group, Inc. (The)		855		357,125
JPMorgan Chase & Company		2,000		400,600

JAMES AGGRESSIVE ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 81.7% (Continued)	Shares		Value
Financials - 9.5% (Continued)
Primerica, Inc.		800	$	202,368
				2,291,029
Health Care - 11.3%
Abbott Laboratories		2,625		298,358
AbbVie, Inc.		1,250		227,625
AstraZeneca plc - ADR		4,000		271,000
Cigna Group (The)		800		290,552
Danaher Corporation		825		206,019
Eli Lilly & Company		525		408,428
Johnson & Johnson		1,295		204,856
Novo Nordisk A/S - ADR		2,000		256,800
UnitedHealth Group, Inc.		610		301,767
Zoetis, Inc.		1,595		269,890
				2,735,295
Industrials - 7.0%
ABB Ltd. - ADR		3,500		162,260
Caterpillar, Inc.		800		293,144
Deere & Company		435		178,672
Eaton Corporation plc		1,175		367,398
Encore Wire Corporation		1,000		262,780
Lockheed Martin Corporation		415		188,771
Union Pacific Corporation		850		209,041
Veralto Corporation		275		24,382
				1,686,448
Information Technology - 20.0%
Accenture plc - Class A		465		161,174
Apple, Inc.		3,275		561,597
ASML Holding N.V.		600		582,282
Broadcom, Inc.		300		397,623
Cadence Design Systems, Inc. (a)		1,975		614,778
Cisco Systems, Inc.		1,500		74,865
Insight Enterprises, Inc. (a)		250		46,380
Jabil, Inc.		1,800		241,110
Mastercard, Inc. - Class A		735		353,954
Microsoft Corporation		1,650		694,188

JAMES AGGRESSIVE ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 81.7% (Continued)	Shares		Value
Information Technology - 20.0% (Continued)
NVIDIA Corporation		1,200	$	1,084,271
				4,812,222
Materials - 2.7%
CF Industries Holdings, Inc.		500		41,605
James Hardie Industries plc - ADR (a)		6,800		275,128
Linde plc		400		185,728
Nucor Corporation		700		138,530
				640,991
Real Estate - 2.5%
Digital Realty Trust, Inc.		1,500		216,060
Prologis, Inc.		2,905		378,289
				594,349
Utilities - 2.1%
American Water Works Company, Inc.		750		91,658
Iberdrola S.A. - ADR		2,000		99,700
NextEra Energy, Inc.		3,480		222,406
Sempra		1,220		87,633
				501,397
Total Common Stocks (Cost $12,620,899)			$	19,678,374
CORPORATE BONDS - 5.6%	Par Value		Value
Consumer Discretionary - 1.8%
Starbucks Corporation, 2.550%, due 11/15/30	$	500,000	$	433,322
Financials - 2.2%
Bank of Montreal, 2.000%, due 12/22/26		200,000		180,410
Citigroup, Inc., 3.875%, due 03/26/25		250,000		245,730
State Street Corporation, 5.272%, due 08/03/26		100,000		100,539
				526,679
Health Care - 0.9%
AstraZeneca plc, 0.700%, due 04/08/26		250,000		229,935

JAMES AGGRESSIVE ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Continued)

CORPORATE BONDS - 5.6% (Continued)	Par Value		Value
Information Technology - 0.7%
Automatic Data Processing, Inc., 1.250%, due 09/01/30	$	200,000	$	163,407
Total Corporate Bonds (Cost $1,502,376)			$	1,353,343
U.S. GOVERNMENT & AGENCIES - 5.3%	Par Value		Value
Federal Farm Credit Bank - 2.0%
0.670%, due 08/04/25	$	500,000	$	472,379
Federal Home Loan Bank - 0.4%
3.650%, due 07/19/24		100,000		99,520
Federal Home Loan Mortgage Corporation - 1.0%
3.125%, due 06/28/24		250,000		248,616
Federal National Mortgage Association - 1.9%
0.560%, due 10/22/25		500,000		467,377
Total U.S. Government & Agencies (Cost $1,350,000)			$	1,287,892
U.S. TREASURY OBLIGATIONS - 5.7%	Par Value		Value
U.S. Treasury Bills (b) - 1.0%
5.385%, due 08/08/24	$	250,000	$	245,410
U.S. Treasury Bonds - 2.1%
2.250%, due 08/15/49		750,000		500,127
U.S. Treasury Notes - 2.6%
1.125%, due 02/28/25		400,000		385,973
2.625%, due 02/15/29		250,000		232,236
				618,209
Total U.S. Treasury Obligations (Cost $1,386,424)			$	1,363,746

JAMES AGGRESSIVE ALLOCATION FUND

SCHEDULE OF INVESTMENTS (Continued)

MONEY MARKET FUNDS - 1.6%	Shares		Value
First American Treasury Obligations Fund - Class X, 5.22% (c) (Cost $387,488)		387,488	$	387,488
Total Investments at Value - 99.9% (Cost $17,247,187)			$	24,070,843
Other Assets in Excess of Liabilities - 0.1%				14,610
Net Assets - 100.0%			$	24,085,453

^(a) Non-income producing security.

^(b) The rate shown is the annualized yield at time of purchase.

^(c) The rate shown is the 7-day effective yield as of March 31, 2024.

ADR - American Depositary Receipt.