Schedule of Investments | |||||||
November 30, 2024 (unaudited) | |||||||
Monteagle Select Value Fund | |||||||
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| Shares or Principal |
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Security Description |
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| Amount ($) |
| Fair Value ($)(1) | ||
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Common Stocks - 84.78% | |||||||
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Automobiles & Components - 2.30% |
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BorgWarner, Inc. |
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| 11,847 |
| 406,589 | |
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Banks - 0.78% |
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U.S. Bancorp |
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| 2,600 |
| 138,554 |
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Capital Goods - 2.59% |
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Illinois Tool Works, Inc. |
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| 1,650 |
| 457,908 | |
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Chemicals - 3.83% |
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DuPont de Nemours, Inc. |
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| 8,100 |
| 677,079 | |
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Commercial & Professional Services - 2.80% |
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Leidos Holdings, Inc. |
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| 3,000 |
| 496,200 | |
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Consumer Durables & Apparel - 3.44% |
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PulteGroup, Inc. |
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| 4,500 |
| 608,715 | |
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Diversified Financials - 4.78% |
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Nasdaq, Inc |
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| 10,200 |
| 846,498 |
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Food, Beverage & Tobacco - 4.41% |
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Archer-Daniels- Midland Co. |
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| 6,556 |
| 357,958 | ||
J.M. Smucker Co. |
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| 3,584 |
| 422,159 | |
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| 780,117 |
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Healthcare Equipment & Services - 10.12% |
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Baxter International, Inc. |
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| 3,800 |
| 128,098 | |
Elevance Health, Inc. (2) |
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| 930 |
| 378,473 | |
Humana, Inc. |
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| 700 |
| 207,466 |
Medtronic plc (Ireland) |
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| 2,500 |
| 216,350 | |
Steris plc |
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| 2,150 |
| 470,979 |
Teleflex, Inc. |
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| 2,020 |
| 389,557 |
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| 1,790,923 |
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Insurance - 7.50% |
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Progressive Corp. |
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| 2,300 |
| 618,424 | |
Willis Towers Watson plc |
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| 2,200 |
| 708,400 | ||
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| 1,326,824 |
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Media & Entertainment - 2.21% |
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Interpublic Group of Cos., Inc. |
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| 12,680 |
| 390,671 | ||
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Oil, Gas & Consumable Fuels - 1.74% |
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APA Corp. (2) |
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| 13,612 |
| 308,312 | |
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Pharmaceuticals, Biotechnology & Life Science - 2.06% |
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Regeneron Pharmaceuticals, Inc. (2) |
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| 485 |
| 363,857 | ||
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Retailing - 2.09% |
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LKQ Corp. |
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| 9,391 |
| 368,972 |
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Semiconductors & Semiconductor Equipment - 8.41% |
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Micron Technology, Inc. |
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| 3,400 |
| 333,030 | |
ON Semiconductor Corp. (2) |
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| 5,550 |
| 394,716 | ||
Qorvo, Inc. (2) |
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| 5,550 |
| 383,228 | |
Skyworks Solutions, Inc. |
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| 4,296 |
| 376,287 | |
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| 1,487,260 |
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Software & Services - 7.24% |
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Akamai Technologies, Inc. (2) |
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| 3,220 |
| 302,744 | ||
Cognizant Technology Solutions Corp. |
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| 5,784 |
| 465,554 | ||
EPAM Systems, Inc. (2) |
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| 2,103 |
| 512,964 | |
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| 1,281,262 |
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Technology Hardware & Equipment - 4.73% |
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Cisco Systems, Inc. |
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| 5,800 |
| 343,418 | |
Teledyne Technologies, Inc. (2) |
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| 1,016 |
| 493,024 | ||
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| 836,442 |
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Transportation - 2.82% |
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FedEx Corp. |
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| 1,650 |
| 499,406 |
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Utilities - 10.93% |
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Ameren Corp. |
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| 5,800 |
| 547,462 | |
Eversource Energy |
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| 5,900 |
| 380,491 | |
NextEra Energy, Inc. |
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| 6,000 |
| 472,020 | |
Xcel Energy, Inc. |
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| 7,350 |
| 533,316 | |
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| 1,933,289 |
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Total Common Stock |
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| (Cost $ 13,794,983) |
| 14,998,878 | |
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Real Estate Investment Trusts - 1.20% | |||||||
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Crown Castle International Corp. |
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| 2,000 |
| 212,500 | ||
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Total Real Estate Investment Trusts | (Cost $ 381,784) |
| 212,500 | ||||
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Money Market Registered Investment Companies - 13.99% | |||||||
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Federated Hermes Government Obligations Fund - Institutional Class - 4.50% (3) |
| 2,474,468 |
| 2,474,468 | |||
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Total Money Market Registered Investment Companies |
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| (Cost $ 2,474,468) |
| 2,474,468 | ||
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Total Investments - 99.97% |
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| (Cost $ 14,176,767) |
| 17,685,846 | ||
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Other Assets Less Liabilities - 0.03% |
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| 5,205 | ||
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Total Net Assets - 100.00% |
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| 17,691,051 | ||
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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 |
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| Securities |
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Level 1 - Quoted Prices |
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| $ | 17,685,846 | $ | - | |
Level 2 - Other Significant Observable Inputs |
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| - |
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Level 3 - Significant Unobservable Inputs |
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Total |
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| $ | 17,685,846 | $ | - |
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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. |
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(3) 7-day yield as of November 29, 2024. |
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