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Schedule of Investments |
November 30, 2024 (unaudited) |
Monteagle Enhanced Equity Income Fund |
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| | | | | Shares or Principal | | |
Security Description | | | Amount ($) | | Fair Value ($)(1) |
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Common Stocks - 65.77% |
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Automobiles & Components - 2.17% | | | | | |
Borgwarner, Inc. | | | | 9,200 | | 315,744 |
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Beverages - 3.87% | | | | | | |
Starbucks Corp. | | | | 5,500 | | 563,530 |
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Computer Peripheral Equipment, NEC - 2.93% | | | | | |
Palo Alto Networks, Inc. (2) | | | 1,100 | | 426,602 |
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Computers - 2.45% | | | | | | |
Dell Technologies, Inc. | | | | 2,800 | | 357,252 |
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Data & Transaction Processing - 3.66% | | | | | |
MasterCard, Inc. Class A | | | 1,000 | | 532,940 |
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Defense Primes - 2.53% | | | | | |
General Dynamics Corp. | | | | 1,300 | | 369,213 |
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Electric Utilities - 2.59% | | | | | |
NextEra Energy, Inc. | | | | 4,800 | | 377,616 |
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Health Care Equipment & Services - 3.77% | | | | | |
UnitedHealth Group, Inc. (2) | | | 900 | | 549,180 |
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Industrial Products - 4.21% | | | | | |
Eaton Corp. plc | | | | 1,300 | | 488,046 |
Trane Technologies plc (2) | | | 300 | | 124,866 |
| | | | | | | |
| | | | | | | 612,912 |
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Internet - 2.78% | | | | | | |
Alphabet, Inc. | | | | 2,400 | | 405,480 |
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Medical Instruments & Equipment - 2.54% | | | | | |
Thermo Fisher Scientific, Inc. | | | 700 | | 370,741 |
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Oil & Gas - 5.52% | | | | | | |
Exxon Mobil Corp. | | | | 3,300 | | 389,268 |
Linde plc | | | | | 900 | | 414,891 |
| | | | | | | |
| | | | | | | 804,159 |
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Pharmaceuticals, Biotechnology & Life Science - 5.64% | | | | | |
AbbVie, Inc. | | | | | 2,800 | | 512,204 |
Novo-Nordisk A/S-Spons ADR (2) | | | 2,900 | | 309,720 |
| | | | | | | |
| | | | | | | 821,924 |
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Real Estate Management & Development - 2.67% | | | | | |
Ares Management Corp. | | | | 2,200 | | 388,806 |
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Retail-Lumber & Other Building Materials Dealers - 3.24% | | | | |
The Home Depot, Inc. | | | | 1,100 | | 472,043 |
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Software & Services - 9.82% | | | | | |
Amazon.com, Inc. (2) | | | | 2,200 | | 457,358 |
Microsoft Corp. | | | | 2,300 | | 973,958 |
| | | | | | | |
| | | | | | | 1,431,316 |
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Technology Hardware & Equipment - 5.38% | | | | | |
Apple, Inc | | | | | 3,300 | | 783,189 |
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Total Common Stock | | | | (Cost $ 9,414,361) | | 9,582,647 |
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Exchange Traded Funds - 3.72% |
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SPDR S&P 500 ETF Trust | 900 | | 542,295 |
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Total Exchange Traded Funds | (Cost $ 524,481) | | 542,295 |
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Real Estate Investment Trusts - 2.02% |
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SBA Communications Corp. | 1,300 | | 294,125 |
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Total Real Estate Investment Trusts | (Cost $ 344,484) | | 294,125 |
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Money Market Registered Investment Companies - 4.27% |
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Federated Hermes Government Obligations Fund - Institutional Class - 4.50% (3) | 621,148 | | 621,148 |
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Total Money Market Registered Investment Companies | (Cost $ 621,148) | | 621,148 |
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Total Investments - 75.78% | (Cost $ 14,429,408) | | 11,040,215 |
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Other Assets Less Liabilities - 24.22% | | | 3,528,679 |
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Total Net Assets - 100.00% | | | 14,568,895 |
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Options |
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| | | Long (Short) | | Notional Value of | | Fair |
| | | Contracts | Expiration Date | Contracts ($) | | Value ($) |
Call Options Written | | | | | | |
Dell Technologies Inc., Strike $170.00 | -28 | 12/20/2024 | (476,000) | | (5,580) |
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Total Call Options Written | -28 | | (476,000) | | (5,580) |
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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 November 29, 2024 in valuing the Fund's assets carried at fair value: |
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| | | | | Investments in | | Other Financial |
Valuation Inputs | | | | Securities | | Instruments (9) |
Level 1 - Quoted Prices | | | $ | 10,497,920 | $ | 0 |
Level 2 - Other Significant Observable Inputs | | | - | | - |
Level 3 - Significant Unobservable Inputs | | | - | | - |
Total | | | | $ | 10,497,920 | $ | 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) Represents non-income producing securities. |
(3) Investment in affiliate. The yield shown represents the 7-day yield in effect at November 29, 2024. |
