OneAscent
Large
Cap
Core
ETF
Schedule
of
Investments
November
30,
2022
-
(Unaudited)
COMMON
STOCKS
—
91.60%
Shares
Fair
Value
Consumer
Discretionary
—
9.72%
Copart,
Inc.
(a)
7,922
$
527,289
Fortune
Brands
Home
&
Security,
Inc.
4,637
302,982
Gentex
Corp.
34,887
1,008,234
Lennar
Corp.,
Class
A
3,233
283,954
LKQ
Corp.
5,934
322,394
Lululemon
Athletica,
Inc.
(a)
483
183,690
Thor
Industries,
Inc.
12,150
1,046,601
Tractor
Supply
Co.
3,521
796,837
Williams-Sonoma,
Inc.
3,868
452,169
YETI
Holdings,
Inc.
(a)
15,767
707,781
5,631,931
Consumer
Staples
—
2.05%
Clorox
Co.
(The)
2,045
303,990
Costco
Wholesale
Corp.
604
325,707
Estee
Lauder
Cos.,
Inc.
(The),
Class
A
1,051
247,815
McCormick
&
Co.,
Inc.
3,651
310,992
1,188,504
Energy
—
1.88%
EOG
Resources,
Inc.
2,560
363,341
Hess
Corp.
2,639
379,778
ONEOK,
Inc.
5,177
346,445
1,089,564
Financials
—
15.87%
Arch
Capital
Group
Ltd.
(a)
15,540
931,001
Brown
&
Brown,
Inc.
5,393
321,369
Cboe
Global
Markets,
Inc.
3,243
411,342
Charles
Schwab
Corp.
(The)
20,033
1,653,524
Chubb
Ltd.
9,239
2,028,793
Cincinnati
Financial
Corp.
3,989
442,619
Everest
Re
Group
Ltd.
1,829
618,092
Progressive
Corp.
(The)
7,014
926,900
RenaissanceRe
Holdings
Ltd.
2,153
406,723
SVB
Financial
Group
(a)
1,832
424,621
T.
Rowe
Price
Group,
Inc.
5,285
660,149
Willis
Towers
Watson
PLC
1,505
370,471
9,195,604
Health
Care
—
14.53%
Align
Technology,
Inc.
(a)
6,981
1,372,883
Cigna
Corp.
3,447
1,133,684
Danaher
Corp.
6,484
1,772,791
Elevance
Health,
Inc.
4,329
2,307,010
Horizon
Therapeutics
PLC
(a)
4,529
454,213
Laboratory
Corp.
of
America
Holdings
1,181
284,267
PerkinElmer,
Inc.
2,045
285,748
Vertex
Pharmaceuticals,
Inc.
(a)
2,549
806,504
8,417,100
OneAscent
Large
Cap
Core
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
COMMON
STOCKS
—
91.60%
-
continued
Shares
Fair
Value
Industrials
—
8.21%
Amphenol
Corp.,
Class
A
13,347
$
1,073,499
Cintas
Corp.
1,181
545,362
Expeditors
International
of
Washington,
Inc.
3,639
422,342
Graco,
Inc.
4,313
301,781
JB
Hunt
Transport
Services,
Inc.
1,721
316,475
Old
Dominion
Freight
Line,
Inc.
965
292,019
Sensata
Technologies
Holding
PLC
19,067
859,922
Stanley
Black
&
Decker,
Inc.
3,561
291,005
Toro
Co.
(The)
3,449
382,804
U-Haul
Holding
Co.
425
26,903
U-Haul
Holding
Co.,
Series
N
3,861
243,899
4,756,011
Materials
—
3.31%
Newmont
Corp.
7,305
346,768
Sherwin-Williams
Co.
(The)
5,044
1,256,865
Steel
Dynamics,
Inc.
3,037
315,635
1,919,268
Real
Estate
—
1.73%
Crown
Castle
International
Corp.
2,693
380,871
Jones
Lang
LaSalle,
Inc.
(a)
1,289
216,771
Prologis,
Inc.
3,449
406,258
1,003,900
Technology
—
33.34%
Adobe,
Inc.
(a)
1,840
634,671
Advanced
Micro
Devices,
Inc.
(a)
15,184
1,178,733
Arista
Networks,
Inc.
7,438
1,036,113
Broadcom,
Inc.
2,111
1,163,224
FactSet
Research
Systems,
Inc.
958
441,916
Garmin
Ltd.
7,059
656,416
Intuit,
Inc.
2,505
1,021,013
KLA
Corp.
1,177
462,738
Lam
Research
Corp.
1,484
701,012
Leidos
Holdings,
Inc.
3,557
388,887
MasterCard,
Inc.,
Class
A
3,773
1,344,697
Micron
Technology,
Inc.
18,157
1,046,751
Microsoft
Corp.
14,745
3,762,040
MKS
Instruments,
Inc.
13,134
1,101,417
NVIDIA
Corp.
6,643
1,124,195
S&P
Global,
Inc.
1,260
444,528
TD
SYNNEX
Corp.
11,151
1,140,748
Universal
Display
Corp.
2,658
299,344
Verisk
Analytics,
Inc.
2,213
406,550
VMware,
Inc.,
Class
A
(a)
7,882
957,584
19,312,577
Utilities
—
0.96%
WEC
Energy
Group,
Inc.
5,610
556,175
OneAscent
Large
Cap
Core
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
Total
Common
Stocks/
Investments
—
91.60%
(Cost
$56,158,079
)
$
53,070,634
Other
Assets
in
Excess
of
Liabilities — 8.40%
4,867,175
NET
ASSETS
—
100.00%
$
57,937,809
(a)
Non-income
producing
security.
OneAscent
Core
Plus
Bond
ETF
Schedule
of
Investments
November
30,
2022
-
(Unaudited)
E
ASSET
BACKED
SECURITIES
—
12.73%
Principal
Amount
Fair
Value
Century
Plaza
Towers,
Series
2019-CPT,
Class
B,
3.10%,
11/13/2039
(a)(b)
$
740,000
$
567,103
COMM
Mortgage
Trust,
Series
2022-HC,
Class
B,
3.17%,
1/10/2039
(a)
1,000,000
861,855
DBUBS
Mortgage
Trust,
Series
2017-BRBK,
Class
A,
3.45%,
10/10/2034
(a)
1,000,000
939,704
GoodLeap
Sustainable
Home
Solutions
Trust,
Series
2022-3CS,
Class
B,
5.50%,
7/20/2049
(a)
1,250,000
1,081,456
J.P.
Morgan
Chase
Commercial
Mortgage
Securities
Trust,
Series
2020-
609M,
Class
A,
5.25%,
10/15/2033
(US0001M
+
1.370bps)
(a)(b)
1,000,000
956,854
Manhattan
West
Mortgage
Trust,
Series
2020-1MW,
Class
C,
2.41%,
9/10/2039
(a)(b)
1,000,000
814,285
Natixis
Commercial
Mortgage
Securities
Trust,
Series
2019-MILE,
Class
A,
5.38%,
7/15/2036
(US0001M
+
1.500bps)
(a)(b)
1,000,000
980,796
One
Bryant
Park
Trust,
Series
2019-OBP,
Class
A,
2.52%,
9/15/2054
(a)
1,100,000
904,259
One
Market
Plaza
Trust,
Series
2017-1MKT,
Class
A,
3.61%,
2/10/2024
(a)
1,000,000
960,416
One
Market
Plaza
Trust,
Series
2017-1MKT,
Class
B,
3.85%,
2/10/2032
(a)
1,000,000
949,851
One
Market
Plaza
Trust,
Series
2017-1MKT,
Class
C,
4.02%,
2/10/2032
(a)
500,000
470,700
STWD
Mortgage
Trust,
Series
2021-LIH,
Class
AS,
5.13%,
11/15/2036
(US0001M
+
1.257bps)
(a)(b)
1,000,000
954,942
STWD
Mortgage
Trust,
Series
2021-LIH,
Class
B,
5.53%,
11/15/2036
(US0001M
+
1.656bps)
(a)(b)
1,000,000
951,252
Sunrun
Jupiter
Issuer,
LLC,
Series
2022-1A,
Class
A,
4.75%,
7/30/2057
(a)
945,831
889,531
Vivint
Solar
Financing
V,
LLC,
Series
2018-1A,
Class
B,
7.37%,
4/30/2048
(a)
633,043
581,364
Total
Asset
Backed
Securities
(Cost $13,649,852)
12,864,368
COLLATERALIZED
MORTGAGE
OBLIGATIONS
—
0.87%
Freddie
Mac
Multiclass
Certificates,
Series
2022-P013,
Class
A2,
2.85%,
2/25/2032
(b)
1,000,000
880,400
Total
Collateralized
Mortgage
Obligations
(Cost $942,968)
880,400
CORPORATE
BONDS
—
45.29%
Communications
—
1.8%
Alphabet,
Inc.,
1.10%,
8/15/2030
1,000,000
793,817
Verizon
Communications,
Inc.,
3.40%,
3/22/2041
1,300,000
993,856
1,787,673
Consumer
Discretionary
—
3.4%
Conservation
Fund,
Series
2019,
3.47%,
12/15/2029
1,000,000
868,095
General
Motors
Co.,
5.60%,
10/15/2032
1,000,000
957,371
Magna
International,
Inc.,
2.45%,
6/15/2030
1,000,000
831,814
Walmart,
Inc.,
1.80%,
9/22/2031
1,000,000
823,518
3,480,798
Consumer
Staples
—
1.7%
PepsiCo,
Inc.,
3.90%,
7/18/2032
1,100,000
1,052,585
Unilever
Capital
Corp.,
2.63%,
8/12/2051
1,000,000
661,037
1,713,622
Energy
—
1.5%
BP
Capital
Markets
America,
Inc.,
2.77%,
11/10/2050
1,000,000
659,036
OneAscent
Core
Plus
Bond
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
CORPORATE
BONDS
—
45.29%
-
continued
Principal
Amount
Fair
Value
Equinor
ASA,
3.95%,
5/15/2043
$
1,000,000
$
855,685
1,514,721
Financials
—
12.6%
Bank
of
America
Corp.,
MTN,
3.38%,
4/2/2026
(SOFRRATE
+
1.330bps)
(b)
1,000,000
951,769
BB
Blue
Financing
DAC,
Series
A2,
4.40%,
9/20/2029
1,000,000
991,480
BB
Blue
Financing
DAC,
Series
A1,
4.40%,
9/20/2037
1,000,000
1,003,580
Credit
Suisse
Group
AG,
9.02%,
11/15/2033
(SOFRRATE
+
5.020bps)
(a)(b)
1,050,000
1,060,373
HSBC
Holdings
PLC,
5.21%,
8/11/2028
(SOFRRATE
+
2.610bps)
(b)
1,000,000
963,539
HSBC
Holdings
PLC,
5.40%,
8/11/2033
(SOFRRATE
+
2.870bps)
(b)
1,075,000
1,000,496
ING
Groep
N.V.,
1.40%,
7/1/2026
(H15T1Y
+
1.100bps)
(a)(b)
1,000,000
892,279
Intesa
Sanpaolo
SpA,
8.25%,
11/21/2033
(H15T1Y
+
4.400bps)
(a)(b)
1,600,000
1,640,944
National
Bank
of
Canada,
MTN,
0.55%,
11/15/2024
(H15T1Y
+
0.400bps)
(b)
1,000,000
953,844
OMERS
Finance
Trust,
3.50%,
4/19/2032
(a)
1,000,000
911,939
OMERS
Finance
Trust,
4.00%,
4/19/2052
(a)
1,000,000
825,127
Province
of
Quebec
Canada,
1.90%,
4/21/2031
1,000,000
841,345
SVB
Financial
Group,
1.80%,
2/2/2031
1,000,000
718,669
12,755,384
Health
Care
—
1.5%
Gilead
Sciences,
Inc.,
2.60%,
10/1/2040
1,000,000
712,781
Takeda
Pharmaceutical
Co.,
Ltd.,
2.05%,
3/31/2030
1,000,000
822,037
1,534,818
Industrials
—
4.8%
Delta
Air
Lines
Pass
Through
Trust,
Series
2020-1,
Class
A,
2.50%,
6/10/2028
1,613,986
1,368,788
Otis
Worldwide
Corp.,
3.11%,
2/15/2040
1,000,000
748,927
Siemens
Financieringsmaatschappij
N.V.,
1.20%,
3/11/2026
1,000,000
891,600
Tote
Shipholdings,
LLC,
3.40%,
10/16/2040
1,023,000
923,405
Vessel
Management
Services,
Inc.,
3.48%,
1/16/2037
963,000
879,435
4,812,155
Materials
—
1.3%
FMG
Resources
(August
2006)
Pty
Ltd.,
6.13%,
4/15/2032
(a)
500,000
458,100
Newmont
Corp.,
2.25%,
10/1/2030
1,000,000
805,007
1,263,107
Multi-Nationals
—
5.4%
European
Investment
Bank,
0.75%,
9/23/2030
1,000,000
791,437
Inter-American
Investment
Corp.,
2.63%,
4/22/2025
1,000,000
959,608
International
Bank
for
Reconstruction
&
Global
Construction,
0.63%,
4/22/2025
1,000,000
917,866
International
Financial
Corp.,
GMT
N,
0.50%,
3/20/2023
1,000,000
988,304
Kreditanstalt
fuer
Wiederaufbau,
1.00%,
10/1/2026
1,000,000
889,025
United
States
International
Development
Finance,
3.43%,
6/1/2033
996,970
939,638
5,485,878
Real
Estate
—
1.8%
HAT
Holdings
I,
LLC/HAT
Holdings
II,
LLC,
3.38%,
6/15/2026
(a)
1,000,000
861,605
Preservation
of
Affordable
Housing,
Inc.,
4.48%,
12/1/2032
1,000,000
932,438
1,794,043
OneAscent
Core
Plus
Bond
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
CORPORATE
BONDS
—
45.29%
-
continued
Principal
Amount
Fair
Value
Technology
—
1.9%
Apple,
Inc.,
3.00%,
6/20/2027
$
1,000,000
$
954,629
Intel
Corp.,
4.15%,
8/5/2032
1,000,000
941,627
1,896,256
Utilities
—
7.6%
AES
Corp.
(The),
2.45%,
1/15/2031
1,000,000
794,052
Ameren
Illinois
Co.,
2.90%,
6/15/2051
1,000,000
665,418
Duke
Energy
Carolinas,
LLC,
3.55%,
3/15/2052
1,000,000
760,772
Duke
Energy
Progress,
LLC,
3.45%,
3/15/2029
850,000
783,588
Interstate
Power
and
Light
Co.,
3.50%,
9/30/2049
845,000
615,412
New
York
State
Electric
&
Gas
Corp.,
2.15%,
10/1/2031
(a)
1,000,000
788,238
Niagara
Mohawk
Power
Corp.,
1.96%,
6/27/2030
(a)
1,000,000
795,493
San
Diego
Gas
&
Electric
Co.,
2.95%,
8/15/2051
1,000,000
693,377
Sempra
Energy,
4.88%,
Perpetual
(H15T5Y
+
4.550bps)
(b)
1,000,000
930,001
Vistra
Corp.,
7.00%,
Perpetual
(H15T5Y
+
5.740bps)
(a)(b)
1,000,000
896,010
7,722,361
Total
Corporate
Bonds
(Cost $49,769,141)
45,760,816
FOREIGN
GOVERNMENT
BONDS
—
2.01%
Canada
Government
International
Bond,
2.88%,
4/28/2025
1,100,000
1,067,165
Council
of
Europe
Development
Bank,
3.00%,
6/16/2025
1,000,000
968,940
Total
Foreign
Government
Bonds
(Cost $2,098,104)
2,036,105
MUNICIPAL
BONDS
—
8.11%
District
of
Columbia
—
1.67%
District
of
Columbia,
Revenue
,
3.85
%,
2/28/2025
1,750,000
1,687,795
Florida
—
0.98%
Florida
Development
Finance
Corp.,
Revenue,
Series
A
,
7.25
%,
7/1/2057
1,000,000
993,813
Montana
—
1.04%
Gallatin
County
Industrial
Development,
Revenue,
Series
B
,
11.50
%,
9/1/2027
1,000,000
1,047,671
New
York
—
3.95%
Metropolitan
Transportation
Authority,
Revenue
,
5.18
%,
11/15/2049
1,000,000
913,147
New
York
State
Energy
Research
&
Development
Authority,
Revenue,
Series
A
,
4.87
%,
4/1/2037
3,335,000
3,073,170
3,986,317
Wisconsin
—
0.47%
Fond
du
Lac
County
Social
Bonds,
Revenue,
Series
A
,
5.57
%,
11/1/2051
500,000
476,346
Total
Municipal
Bonds
(Cost $8,627,287)
8,191,942
TERM
LOANS
—
2.81%
Utilities
—
1.9%
ExGen
Renewables
IV,
LLC,
6.90%,
12/15/2027
(US0001M
+
250.000bps)
(b)
943,711
935,850
TerraForm
Power
Operating,
LLC,
5.22%,
5/30/2029
(TSFR1M
+
275.000bps)
(b)
997,500
996,253
1,932,103
OneAscent
Core
Plus
Bond
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
TERM
LOANS
—
2.81%
-
continued
Principal
Amount
Fair
Value
Industrials
—
0.9%
LTR
Intermediate
Holdings,
Inc.,
6.75%,
5/7/2028
(US0001M
+
450.000bps)
(b)
$
994,962
$
905,416
Total
Term
Loans
(Cost $2,901,715)
2,837,519
U.S.
GOVERNMENT
&
AGENCIES
—
23.21%
Fannie
Mae
Pool,
2.00
%
,
7/1/2036
824,259
743,014
Fannie
Mae
Pool,
2.00
%
,
6/1/2051
975,305
803,581
Fannie
Mae
Pool,
2.50
%
,
1/1/2052
2,284,053
1,960,347
Fannie
Mae
Pool,
2.50
%
,
4/1/2052
1,490,505
1,279,849
Fannie
Mae
Pool,
3.00
%
,
4/1/2052
2,834,938
2,517,033
Fannie
Mae
Pool,
3.50
%
,
4/1/2052
2,863,178
2,619,878
Fannie
Mae
Pool,
5.00
%
,
5/1/2052
180,733
179,710
Fannie
Mae
Pool,
5.00
%
,
7/1/2052
459,437
456,959
Fannie
Mae
Pool,
4.50
%
,
8/1/2052
1,955,803
1,901,242
Federal
National
Mortgage
Association,
0.88
%
,
8/5/2030
1,000,000
791,959
Freddie
Mac
Pool,
3.00
%
,
2/1/2052
223,358
198,312
Freddie
Mac
Pool,
2.00
%
,
3/1/2052
1,119,789
926,152
Ginnie
Mae
II
Pool,
2.50
%
,
9/20/2051
1,552,448
1,364,077
Ginnie
Mae
II
Pool,
3.00
%
,
12/20/2051
1,842,163
1,664,703
Ginnie
Mae
II
Pool,
3.00
%
,
5/20/2052
209,710
188,848
Ginnie
Mae
II
Pool,
3.50
%
,
7/20/2052
213,284
197,867
United
States
Treasury
Bond,
2.38
%
,
2/15/2042
483,000
373,948
United
States
Treasury
Bond,
4.00
%
,
11/15/2042
2,318,000
2,315,826
United
States
Treasury
Bond,
3.00
%
,
8/15/2052
1,901,000
1,615,553
United
States
Treasury
Note,
3.88
%
,
11/30/2027
1,290,000
1,292,822
United
States
Treasury
Note,
4.13
%
,
11/15/2032
63,000
65,215
Total
U.S.
Government
&
Agencies
(Cost $24,865,107)
23,456,895
PREFERRED
STOCKS
—
1.09%
Shares
Fair
Value
Financials
—
1.09%
Morgan
Stanley,
Series
P,
6.50%
43,475
1,097,309
Total
Preferred
Stocks
(Cost $1,086,875)
1,097,309
Total
Investments
—
96.12%
(Cost
$103,941,049
)
97,125,354
Other
Assets
in
Excess
of
Liabilities — 3.88%
3,923,789
NET
ASSETS
—
100.00%
$
101,049,143
(a)
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.
(b)
Variable
rate
security.
Interest
rate
resets
periodically.
The
rate
shown
is
the
effective
interest
rate
as
of
November
30,
2022.
For
securities
based
on
a
published
reference
rate
and
spread,
the
reference
rate
and
spread
(in
basis
points)
are
indicated
parenthetically.
Certain
variable
rate
securities
are
not
based
on
a
published
reference
rate
and
spread
but
are
determined
by
the
issuer
or
agent
and
are
based
on
current
market
conditions.
These
securities,
therefore,
do
not
indicate
a
reference
rate
and
spread.
OneAscent
Core
Plus
Bond
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
GMTN
-
Global
Medium
Term
Note
MTN
-
Medium
Term
Note
OneAscent
International
Equity
ETF
Schedule
of
Investments
November
30,
2022
-
(Unaudited)
9
COMMON
STOCKS
—
89.72%
Shares
Fair
Value
Consumer
Discretionary
—
1.81%
Valeo
S.A.
(France)
54,344
$
1,005,007
Consumer
Staples
—
13.33%
Carrefour
S.A.
(France)
77,854
1,332,311
Dollarama,
Inc.
(Canada)
20,999
1,285,236
Kimberly-Clark
de
Mexico
SAB
de
CV
(Mexico)
907,854
1,545,085
L'Oreal
S.A.
(France)
3,071
1,135,227
Nestle
S.A.
-
ADR
(Switzerland)
17,762
2,113,500
7,411,359
Financials
—
18.95%
AIA
Group
Ltd.
(Hong
Kong)
148,985
1,497,335
Bangkok
Bank
PCL
(Thailand)
387,195
1,586,910
Bank
Rakyat
Indonesia
Persero
Tbk
P.T.
(Indonesia)
5,696,290
1,814,128
DBS
Group
Holdings
Ltd.
(Singapore)
86,569
2,238,705
HDFC
Bank
Ltd.
-
ADR
(India)
19,754
1,394,040
KBC
Group
N.V.
(Belgium)
36,271
1,993,053
10,524,171
Health
Care
—
5.87%
PHC
Holdings
Corp.
(Japan)
92,960
1,073,775
Santen
Pharmaceutical
Co.
Ltd.
(Japan)
145,084
1,170,473
Straumann
Holding
AG
(Switzerland)
8,964
1,019,261
3,263,509
Industrials
—
20.64%
Adecco
Group
AG
(Switzerland)
40,089
1,349,292
CAE,
Inc.
(Canada)
(a)
62,001
1,340,814
Daikin
Industries
Ltd.
(Japan)
5,976
969,644
Element
Fleet
Management
Corp.
(Canada)
142,179
2,014,579
Ferguson
plc
(United
Kingdom)
11,039
1,245,942
Intertek
Group
plc
(United
Kingdom)
19,173
934,992
Mitsubishi
Electric
Corp.
(Japan)
106,904
1,066,455
MTU
Aero
Engines
A.G.
(Germany)
6,889
1,438,378
Nabtesco
Corp.
(Japan)
44,405
1,096,587
11,456,683
Materials
—
10.18%
CRH
plc
(Ireland)
42,081
1,666,492
Givaudan
S.A.
(Switzerland)
332
1,110,760
Holcim
Ltd.
(Switzerland)
27,390
1,411,324
Smurfit
Kappa
Group
plc
(Ireland)
41,168
1,468,202
5,656,778
Technology
—
18.94%
ASML
Holding
N.V.
-
ADR
(Netherlands)
2,822
1,716,115
ASMPT
Ltd.
(Hong
Kong)
135,871
998,494
Constellation
Software,
Inc.
(Canada)
664
1,070,428
Murata
Manufacturing
Co.
Ltd.,
(Japan)
19,505
1,054,324
Nomura
Research
Institute
Ltd.
(Japan)
48,887
1,060,698
Novatek
Microelectronics
Corp.
(Taiwan
Province
of
China)
84,000
814,144
NXP
Semiconductors
N.V.
(Netherlands)
6,142
1,080,009
OneAscent
International
Equity
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
10
COMMON
STOCKS
—
89.72%
-
continued
Shares
Fair
Value
Technology
—
18.94%
-
continued
Taiwan
Semiconductor
Manufacturing
Co.,
Ltd.
-
ADR
(Taiwan
Province
of
China)
19,386
$
1,608,650
Topicus.com,
Inc.
(Canada)
(a)
20,086
1,116,918
10,519,780
Total
Common
Stocks/
Investments
—
89.72%
(Cost
$44,577,842
)
49,837,287
Other
Assets
in
Excess
of
Liabilities — 10.28%
5,711,409
NET
ASSETS
—
100.00%
$
55,548,696
(a)
Non-income
producing
security.
ADR
-
American
Depositary
Receipt
OneAscent
Emerging
Markets
ETF
Schedule
of
Investments
November
30,
2022
-
(Unaudited)
11
COMMON
STOCKS
—
94.17%
Shares
Fair
Value
Consumer
Discretionary
—
10.36%
Ace
Hardware
Indonesia
Tbk
P.T.
(Indonesia)
11,093,004
$
354,704
Coway
Co.
Ltd.
(South
Korea)
8,325
367,730
Haier
Smart
Home
Co.
Ltd.,
H
Shares
(China)
288,684
946,170
MercadoLibre,
Inc.
(Argentina)
(a)
274
255,090
Sendas
Distribuidora
S.A.
(Brazil)
130,500
494,981
2,418,675
Consumer
Staples
—
7.02%
Charoen
Pokphand
Foods
PCL
(Thailand)
448,344
304,978
Indofood
CBP
Sukses
Makmur
Tbk
P.T.
(Indonesia)
780,840
504,348
Kimberly-Clark
de
Mexico
SAB
de
CV
(Mexico)
487,224
829,211
1,638,537
Financials
—
22.74%
Banco
Bradesco
S.A.
-
ADR
(Brazil)
120,312
357,326
Bangkok
Bank
PCL
(Thailand)
159,804
654,953
Bank
Rakyat
Indonesia
Persero
Tbk
P.T.
(Indonesia)
3,315,888
1,056,029
BB
Seguridade
Participacoes
S.A.
(Brazil)
83,200
499,085
Chailease
Holding
Co.
Ltd.
(Taiwan
Province
of
China)
133,000
870,170
HDFC
Bank
Ltd.
-
ADR
(India)
11,628
820,588
NU
Holdings
Ltd.,
Class
A
(Taiwan
Province
of
China)
(a)
62,604
278,588
Regional
S.A.B.
de
C.V.
(Mexico)
105,912
773,444
5,310,183
Health
Care
—
3.95%
Dentium
Co.
Ltd.
(South
Korea)
8,446
570,623
Sul
America
S.A.
(Brazil)
81,200
351,942
922,565
Industrials
—
7.05%
China
Airlines
Ltd.
(Taiwan
Province
of
China)
521,000
306,192
Sarana
Menara
Nusantara
Tbk
P.T.
(Indonesia)
7,381,692
533,434
Sporton
International,
Inc.
(Taiwan
Province
of
China)
45,000
300,994
Voltronic
Power
Technology
Corp.
(Taiwan
Province
of
China)
9,000
505,552
1,646,172
Materials
—
3.94%
Hanwha
Solutions
Corp.
(South
Korea)
(a)
11,974
471,063
Orbia
Advance
Corp.
SAB
de
CV
(Mexico)
229,644
450,000
921,063
Technology
—
39.11%
Accton
Technology
Corp.
(Taiwan
Province
of
China)
72,000
634,717
Arco
Platform
Ltd.
(Brazil)
(a)
38,232
345,617
ASMPT
Ltd.
(Hong
Kong)
73,656
541,286
DB
HiTek
Co.
Ltd.
(South
Korea)
22,032
753,548
eMemory
Technology,
Inc.
(Taiwan
Province
of
China)
9,000
426,651
Infosys
Ltd.
-
ADR
(India)
49,860
1,014,651
MediaTek,
Inc.
(Taiwan
Province
of
China)
40,000
952,010
Novatek
Microelectronics
Corp.
(Taiwan
Province
of
China)
35,000
339,227
Powerchip
Semiconductor
Manufacturing
Corp.
(Taiwan
Province
of
China)
216,000
233,548
Samsung
Electronics
Co.
Ltd.
(South
Korea)
33,970
1,620,348
OneAscent
Emerging
Markets
ETF
Schedule
of
Investments
(continued)
November
30,
2022
-
(Unaudited)
12
COMMON
STOCKS
—
94.17%
-
continued
Shares
Fair
Value
Technology
—
39.11%
-
continued
Samsung
SDI
Co.
Ltd.
(South
Korea)
1,044
$
583,647
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
(Taiwan
Province
of
China)
90,000
1,431,911
Unimicron
Technology
Corp.
(Taiwan
Province
of
China)
50,000
252,452
9,129,613
Total
Common
Stocks/
Investments
—
94.17%
(Cost
$20,504,160
)
21,986,808
Other
Assets
in
Excess
of
Liabilities — 5.83%
1,362,366
NET
ASSETS
—
100.00%
$
23,349,174
(a)
Non-income
producing
security.
ADR
-
American
Depositary
Receipt