Robinson Tax Advantaged Income Fund
SCHEDULE OF INVESTMENTS
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |||||||
CLOSED-END FUNDS — 97.0% | ||||||||
47,837 | abrdn National Municipal Income Fund | $ | 495,591 | |||||
64,573 | BlackRock California Municipal Income Trust | 763,253 | ||||||
262,334 | BlackRock Investment Quality Municipal Trust, Inc. | 3,255,565 | ||||||
146,964 | BlackRock MuniAssets Fund, Inc. | 1,628,361 | ||||||
313,055 | BlackRock Municipal Income Fund, Inc. | 3,775,443 | ||||||
169,261 | BlackRock Municipal Income Quality Trust | 1,963,428 | ||||||
1,190,339 | BlackRock Municipal Income Trust | 12,296,202 | ||||||
921,841 | BlackRock Municipal Income Trust II | 10,011,193 | ||||||
605,035 | BlackRock MuniHoldings California Quality Fund, Inc. | 6,661,435 | ||||||
258,858 | BlackRock MuniHoldings Fund, Inc. | 3,127,005 | ||||||
346,333 | BlackRock MuniHoldings New Jersey Quality Fund, Inc. | 4,027,853 | ||||||
157,675 | BlackRock MuniHoldings New York Quality Fund, Inc. | 1,669,778 | ||||||
224,617 | BlackRock MuniHoldings Quality Fund II, Inc. | 2,286,601 | ||||||
541,045 | BlackRock MuniVest Fund II, Inc. | 5,902,801 | ||||||
1,028,528 | BlackRock MuniVest Fund, Inc. | 7,261,408 | ||||||
618,081 | BlackRock MuniYield Michigan Quality Fund, Inc. | 7,114,112 | ||||||
294,463 | BlackRock MuniYield New York Quality Fund, Inc. | 3,097,751 | ||||||
507,241 | BlackRock MuniYield Quality Fund II, Inc. | 5,331,103 | ||||||
124,521 | BlackRock MuniYield Quality Fund III, Inc. | 1,427,011 | ||||||
31,366 | BlackRock MuniYield Quality Fund, Inc. | 384,233 | ||||||
164,148 | BNY Mellon Strategic Municipal Bond Fund, Inc. | 961,907 | ||||||
318,500 | DWS Municipal Income Trust | 2,876,055 | ||||||
162,972 | Eaton Vance California Municipal Bond Fund | 1,540,085 | ||||||
383,182 | Eaton Vance Municipal Bond Fund | 3,965,934 | ||||||
584,203 | Eaton Vance Municipal Income Trust | 5,988,081 | ||||||
934,299 | Invesco Advantage Municipal Income Trust II | 7,941,541 | ||||||
302,776 | Invesco California Value Municipal Income Trust | 3,015,649 | ||||||
768,126 | Invesco Municipal Opportunity Trust | 7,473,866 | ||||||
614,403 | Invesco Municipal Trust | 5,959,709 | ||||||
469,946 | Invesco Quality Municipal Income Trust | 4,549,077 | ||||||
683,163 | Invesco Trust for Investment Grade Municipals | 6,735,987 | ||||||
383,936 | Invesco Trust for Investment Grade New York Municipals | 4,127,312 | ||||||
590,665 | Invesco Value Municipal Income Trust | 7,087,980 | ||||||
10,930 | MainStay MacKay DefinedTerm Municipal Opportunities Fund | 178,706 | ||||||
192,160 | MFS High Yield Municipal Trust | 639,893 | ||||||
22,779 | MFS Investment Grade Municipal Trust | 173,576 | ||||||
265,180 | MFS Municipal Income Trust | 1,424,017 | ||||||
152,387 | Neuberger Berman Municipal Fund, Inc. | 1,595,492 | ||||||
1,287,035 | Nuveen AMT-Free Municipal Credit Income Fund | 15,637,475 | ||||||
1,118,384 | Nuveen AMT-Free Quality Municipal Income Fund | 12,380,511 | ||||||
70,472 | Nuveen Arizona Quality Municipal Income Fund | 773,783 | ||||||
443,150 | Nuveen California Quality Municipal Income Fund | 4,883,513 | ||||||
1,303,328 | Nuveen Municipal Credit Income Fund | 15,952,735 | ||||||
464,481 | Nuveen Municipal Credit Opportunities Fund | 4,909,564 |
Robinson Tax Advantaged Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |||||||
CLOSED-END FUNDS (Continued) | ||||||||
448,330 | Nuveen Municipal High Income Opportunity Fund | $ | 4,734,365 | |||||
54,017 | Nuveen New Jersey Quality Municipal Income Fund | 652,525 | ||||||
101,483 | Nuveen New York Quality Municipal Income Fund | 1,111,239 | ||||||
139,994 | Nuveen Pennsylvania Quality Municipal Income Fund | 1,654,729 | ||||||
1,356,400 | Nuveen Quality Municipal Income Fund | 15,544,344 | ||||||
161,056 | Nuveen Virginia Quality Municipal Income Fund | 1,782,890 | ||||||
148,281 | PIMCO California Municipal Income Fund | 1,387,910 | ||||||
164,128 | PIMCO New York Municipal Income Fund II | 1,217,830 | ||||||
413,907 | Pioneer Municipal High Income Advantage Fund, Inc. | 3,373,342 | ||||||
132,742 | Pioneer Municipal High Income Opportunities Fund, Inc. | 1,501,312 | ||||||
424,437 | Putnam Managed Municipal Income Trust | 2,542,378 | ||||||
935,354 | Putnam Municipal Opportunities Trust | 9,503,197 | ||||||
86,261 | RiverNorth Managed Duration Municipal Income Fund, Inc. | 1,291,327 | ||||||
45,757 | RiverNorth Opportunistic Municipal Income Fund, Inc. | 736,688 | ||||||
27,798 | Western Asset Intermediate Muni Fund, Inc. | 220,160 | ||||||
478,181 | Western Asset Managed Municipals Fund, Inc. | 4,996,991 | ||||||
265,036 | Western Asset Municipal High Income Fund, Inc. | 1,799,594 | ||||||
TOTAL CLOSED-END FUNDS | ||||||||
(Cost $ 243,629,394) | 257,303,396 |
Principal Amount | ||||||||
SHORT-TERM INVESTMENTS — 0.9% | ||||||||
$ | 2,581,731 | UMB Bank, Institutional Banking Money Market II Deposit Investment, 0.01%1 | 2,581,731 | |||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $ 2,581,731) | 2,581,731 | |||||||
TOTAL INVESTMENTS — 97.9% | ||||||||
(Cost $246,211,125) | 259,885,127 | |||||||
Other Assets in Excess of Liabilities — 2.1% | 5,444,875 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 265,330,002 |
1 | The rate is the annualized seven-day yield at period end. |
Robinson Tax Advantaged Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
FUTURES CONTRACTS | ||||||||||||||||
Number of Contracts Long (Short) | Description | Expiration Date | Notional Amount | Value/Unrealized Appreciation (Depreciation) | ||||||||||||
(400) | U.S. 10 Year Treasury Note | June 2024 | $ | (44,295,511 | ) | $ | (23,239 | ) | ||||||||
(300) | U.S. Treasury Long Bond | June 2024 | (35,873,439 | ) | (257,811 | ) | ||||||||||
(200) | Ultra Long Term U.S. Treasury Bond | June 2024 | (25,687,977 | ) | (112,023 | ) | ||||||||||
TOTAL FUTURES CONTRACTS | $ | (105,856,927 | ) | $ | (393,073 | ) |
Robinson Opportunistic Income Fund
SCHEDULE OF INVESTMENTS
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |||||||
CLOSED-END FUNDS — 68.1% | ||||||||
54,802 | Allspring Utilities and High Income Fund | $ | 517,331 | |||||
41,759 | Blackstone Strategic Credit 2027 Term Fund | 496,932 | ||||||
45,102 | Brookfield Real Assets Income Fund, Inc. | 582,718 | ||||||
15,000 | ClearBridge Energy Midstream Opportunity Fund, Inc. | 609,150 | ||||||
1,587 | ClearBridge MLP & Midstream Fund, Inc. | 72,653 | ||||||
6,101 | ClearBridge MLP & Midstream Total Return Fund, Inc. | 253,069 | ||||||
60,000 | Credit Suisse High Yield Bond Fund | 121,200 | ||||||
22,866 | Eaton Vance Tax-Managed Buy-Write Income Fund | 312,121 | ||||||
17,089 | Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 220,961 | ||||||
15,960 | Flaherty & Crumrine Dynamic Preferred and Income Fund, Inc. | 305,953 | ||||||
54,708 | Flaherty & Crumrine Preferred & Income Fund, Inc. | 580,452 | ||||||
83,152 | FS Credit Opportunities Corp. - Class USD | 493,091 | ||||||
7,745 | PGIM High Yield Bond Fund, Inc. | 100,608 | ||||||
38,987 | PGIM Short Duration High Yield Opportunities Fund | 599,620 | ||||||
166,098 | Virtus Convertible & Income Fund | 554,767 | ||||||
141,348 | Virtus Convertible & Income Fund II | 422,631 | ||||||
40,000 | Western Asset Diversified Income Fund | 578,000 | ||||||
87,300 | Western Asset High Income Fund II, Inc. | 390,231 | ||||||
36,876 | Western Asset Mortgage Opportunity Fund, Inc. | 431,818 | ||||||
TOTAL CLOSED-END FUNDS | ||||||||
(Cost $ 7,411,872) | 7,643,306 | |||||||
COMMON STOCKS — 28.6% | ||||||||
SPECIFIED PURPOSE ACQUISITION COMPANIES – 28.6% | ||||||||
12,000 | Alchemy Investments Acquisition Corp. 1*,1 | 127,080 | ||||||
10,000 | AltEnergy Acquisition Corp. - Class A* | 111,900 | ||||||
17,500 | Battery Future Acquisition Corp. - Class A*,1 | 192,500 | ||||||
20,000 | Berenson Acquisition Corp. I - Class A* | 206,600 | ||||||
5,000 | Bowen Acquisition Corp.*,1 | 52,400 | ||||||
20,000 | BurTech Acquisition Corp. - Class A* | 220,800 | ||||||
20,000 | Concord Acquisition Corp. II - Class A* | 210,300 | ||||||
20,000 | Direct Selling Acquisition Corp. - Class A* | 221,000 | ||||||
20,000 | EVe Mobility Acquisition Corp. - Class A*,1 | 218,900 | ||||||
11,267 | Focus Impact BH3 Acquisition Co - Class A* | 118,078 | ||||||
20,000 | Gores Holdings IX, Inc. - Class A* | 211,200 | ||||||
5,000 | Haymaker Acquisition Corp. 4*,1 | 52,100 | ||||||
16,447 | Hennessy Capital Investment Corp. VI - Class A* | 171,377 | ||||||
7,000 | Inflection Point Acquisition Corp. II - Class A*,1 | 73,290 | ||||||
17,500 | Kensington Capital Acquisition Corp. V - Class A*,1 | 190,050 | ||||||
20,000 | Northern Star Investment Corp. IV - Class A* | 214,400 | ||||||
19,059 | Project Energy Reimagined Acquisition Corp.*,1 | 209,649 | ||||||
1,062 | Roth CH Acquisition V Co.* | 11,576 | ||||||
20,000 | Twelve Seas Investment Co. II - Class A* | 213,400 |
Robinson Opportunistic Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS (Continued) | ||||||||
SPECIFIED PURPOSE ACQUISITION COMPANIES – (Continued) | ||||||||
16,092 | Welsbach Technology Metals Acquisition Corp.* | $ | 176,288 | |||||
3,202,888 | ||||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $ 3,102,425) | 3,202,888 | |||||||
RIGHTS — 0.0% | ||||||||
5,000 | Bowen Acquisition Corp., Expiration Date: November 26, 2026*,1 | 667 | ||||||
TOTAL RIGHTS | ||||||||
(Cost $ 0) | 667 | |||||||
WARRANTS — 0.0% | ||||||||
6,000 | Alchemy Investments Acquisition Corp. 1, Expiration Date: June 26, 2028*,1 | 1,140 | ||||||
3,400 | Churchill Capital Corp. VII, Expiration Date: February 29, 2028* | 1,088 | ||||||
15,310 | Electriq Power Holdings, Inc., Expiration Date: January 25, 2028* | 63 | ||||||
11,805 | Estrella Immunopharma, Inc., Expiration Date: July 18, 2028* | 608 | ||||||
4,557 | Getaround, Inc., Expiration Date: December 31, 2027* | 25 | ||||||
3,333 | Global Partner Acquisition Corp. II, Expiration Date: December 30, 2027*,1 | 300 | ||||||
2,500 | Haymaker Acquisition Corp. 4, Expiration Date: September 12, 2028*,1 | 500 | ||||||
3,500 | Inflection Point Acquisition Corp. II, Expiration Date: July 17, 2028*,1 | 525 | ||||||
3,703 | Northern Star Investment Corp. III, Expiration Date: February 24, 2028* | — | ||||||
5,000 | QT Imaging Holdings, Inc., Expiration Date: December 31, 2028* | 180 | ||||||
TOTAL WARRANTS | ||||||||
(Cost $ 0) | 4,429 |
Principal Amount | ||||||||
SHORT-TERM INVESTMENTS — 1.1% | ||||||||
$ | 117,726 | UMB Bank, Institutional Banking Money Market II Deposit Investment, 4.78%2 | 117,726 | |||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $ 117,726) | 117,726 | |||||||
TOTAL INVESTMENTS — 97.8% | ||||||||
(Cost $10,632,023) | 10,969,016 | |||||||
Other Assets in Excess of Liabilities — 2.2% | 248,439 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 11,217,455 |
* | Non-income producing security. |
1 | Foreign security denominated in U.S. Dollars. |
2 | The rate is the annualized seven-day yield at period end. |
Robinson Opportunistic Income Fund
SCHEDULE OF INVESTMENTS - Continued
As of March 31, 2024 (Unaudited)
FUTURES CONTRACTS
Number of Contracts Long (Short) | Description | Expiration Date | Notional Amount | Value/Unrealized Appreciation (Depreciation) | |||||||||
(2) | E-mini Dow ($5) | June 2024 | $ | (395,070 | ) | $ | (6,690 | ) | |||||
(4) | E-mini Russell 1000 | June 2024 | (345,640 | ) | (10,960 | ) | |||||||
(10) | U.S. 10 Year Treasury Note | June 2024 | (1,107,388 | ) | (581 | ) | |||||||
(3) | U.S. Treasury Long Bond | June 2024 | (358,735 | ) | (2,578 | ) | |||||||
TOTAL FUTURES CONTRACTS | $ | (2,206,833 | ) | $ | (20,809 | ) |