ALPHACENTRIC PREMIUM OPPORTUNITY FUND (HMXAX, HMXCX, HMXIX) | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
December 31, 2023 | |||||||
Principal Amount ($) | Yield Rate (%) | Maturity | Fair Value | ||||
U.S. GOVERNMENT & AGENCIES — 44.6% | |||||||
U.S. TREASURY BILLS — 6.4% | |||||||
5,000,000 | United States Treasury Bill(a) | 5.2400 | 04/18/24 | $ 4,922,912 | |||
Coupon Rate (%) | |||||||
U.S. TREASURY NOTES — 38.2% | |||||||
20,000,000 | United States Treasury Note | 0.2500 | 03/15/24 | 19,800,978 | |||
5,000,000 | United States Treasury Note | 0.3750 | 04/15/24 | 4,931,319 | |||
2,500,000 | United States Treasury Note | 0.3750 | 09/15/24 | 2,421,176 | |||
2,500,000 | United States Treasury Note | 2.8750 | 06/15/25 | 2,443,994 | |||
29,597,467 | |||||||
TOTAL U.S. GOVERNMENT & AGENCIES (Cost $34,534,250) | 34,520,379 | ||||||
Shares | Fair Value | ||||||
SHORT-TERM INVESTMENTS — 17.0% | |||||||
MONEY MARKET FUNDS - 17.0% | |||||||
4,122,273 | Fidelity Money Market Government Portfolio Class I, 5.24%(b) (i) | 4,122,273 | |||||
9,030,910 | First American Treasury Obligations Fund, Class X, 5.28%(b) | 9,030,910 | |||||
TOTAL MONEY MARKET FUNDS (Cost $13,153,183) | 13,153,183 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $13,153,183) | 13,153,183 | ||||||
Contracts(c) | |||||||
INDEX OPTIONS PURCHASED - 0.1% | Broker/Counterparty | Expiration Date | Exercise Price | Notional Value | Fair Value | ||
CALL OPTIONS PURCHASED - 0.1% | |||||||
1,300 | Chicago Board Options Exchange VIX (h) | IB | 01/17/2024 | $ 20 | $ 2,600,000 | $ 37,050 | |
1 | Chicago Board Options Exchange VIX (h) | IB | 02/14/2024 | 18 | 1,800 | 111 | |
1 | Chicago Board Options Exchange VIX (h) | IB | 02/14/2024 | 19 | 1,900 | 98 | |
1 | Chicago Board Options Exchange VIX (h) | IB | 02/14/2024 | 20 | 2,000 | 86 | |
TOTAL CALL OPTIONS PURCHASED (Cost - $106,175) | 37,345 | ||||||
TOTAL INDEX OPTIONS PURCHASED (Cost - $106,175) | 37,345 | ||||||
ALPHACENTRIC PREMIUM OPPORTUNITY FUND (HMXAX, HMXCX, HMXIX) | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
December 31, 2023 | |||||||
Contracts(e) | |||||||
FUTURE OPTIONS PURCHASED - 1.5% | Expiration Date | Exercise Price | Notional Value | Fair Value | |||
CALL OPTIONS PURCHASED - 1.5% | |||||||
25 | S&P Emini 3rd Week | SXM | 02/16/2024 | $ 4,800 | $ 6,000,000 | $ 112,813 | |
75 | S&P Emini 3rd Week | SXM | 02/16/2024 | 4,850 | 18,187,500 | 236,250 | |
125 | S&P500 Emini Option | SXM | 02/29/2024 | 4,900 | 30,625,000 | 315,625 | |
101 | S&P500 Emini Option | SXM | 01/31/2024 | 4,800 | 24,240,000 | 366,124 | |
75 | S&P500 Emini Option | SXM | 03/15/2024 | 4,975 | 18,656,250 | 133,125 | |
TOTAL CALL OPTIONS PURCHASED (Cost - $793,730) | 1,163,937 | ||||||
PUT OPTIONS PURCHASED - 0.0%(d) | |||||||
1 | S&P500 Emini Option | SXM | 01/31/2024 | $ 4,650 | $ 232.500 | $ 888 | |
TOTAL PUT OPTIONS PURCHASED (Cost - $5,413) | |||||||
TOTAL FUTURE OPTIONS PURCHASED (Cost - $799,143) | 1,164,825 | ||||||
TOTAL INVESTMENTS – 63.2% (Cost $48,592,751) | $ 48,875,732 | ||||||
CALL OPTIONS WRITTEN - (1.2)% (Proceeds - $696,860) | (947,925) | ||||||
PUT OPTIONS WRITTEN - (0.0)%(f) (Proceeds - $22,750) | (10,125) | ||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 38.0% | 29,450,478 | ||||||
NET ASSETS - 100.0% | $ 77,368,160 | ||||||
Contracts(e) | |||||||
WRITTEN FUTURE OPTIONS - (1.2)% | Counterparty | Expiration Date | Exercise Price | Notional Value | Fair Value | ||
CALL OPTIONS WRITTEN - (1.2)% | |||||||
150 | Emini SP M Week Option | SXM | 01/03/2024 | $ 4,925 | $ 36,937,500 | $ 750 | |
250 | S&P Emini 1st Week | SXM | 01/05/2024 | 4,925 | 61,562,500 | 10,000 | |
50 | S&P Emini 3rd Week | SXM | 02/16/2024 | 4,900 | 12,250,000 | 103,125 | |
150 | S&P Emini 3rd Week | SXM | 02/16/2024 | 4,950 | 37,125,000 | 191,250 | |
50 | S&P EMINI Thursday Week | SXM | 01/04/2024 | 4,940 | 12,350,000 | 250 | |
200 | S&P EMINI Tuesday Week | SXM | 01/02/2024 | 4,935 | 49,350,000 | 500 | |
250 | S&P500 Emini Option | SXM | 02/29/2024 | 5,000 | 62,500,000 | 259,375 | |
202 | S&P500 Emini Option | SXM | 01/31/2024 | 4,900 | 49,490,000 | 270,175 | |
150 | S&P500 Emini Option | SXM | 03/15/2024 | 5,075 | 38,062,500 | 112,500 | |
TOTAL CALL OPTIONS WRITTEN (Proceeds - $696,860) | 947,925 | ||||||
PUT OPTIONS WRITTEN – (0.0)%(f) | |||||||
150 | Emini SP M Week Option | SXM | 01/03/2024 | $ 4,650 | $ 34,875,000 | $ 1,500 | |
250 | S&P Emini 1st Week | SXM | 01/05/2024 | 4,625 | 57,812,500 | 6,875 | |
50 | S&P EMINI Thursday Week | SXM | 01/04/2024 | 4,625 | 11,562,500 | 750 |
ALPHACENTRIC PREMIUM OPPORTUNITY FUND (HMXAX, HMXCX, HMXIX) | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
December 31, 2023 | |||||||
Contracts(e) (continued) | |||||||
WRITTEN FUTURE OPTIONS - (1.2)% | Counterparty | Expiration Date | Exercise Price | Notional Value | Fair Value | ||
PUT OPTIONS WRITTEN – (0.0)%(f) (Continued) | |||||||
200 | S&P EMINI Tuesday Week | SXM | 01/02/2024 | $ 4,575 | $ 45,750,000 | $ 1,000 | |
TOTAL PUT OPTIONS WRITTEN (Proceeds - $22,750) | 10,125 | ||||||
TOTAL FUTURE OPTIONS WRITTEN (Proceeds - $719,610) | $ 958,050 | ||||||
OPEN FUTURES CONTRACTS | |||||||
Number of Contracts | Open Long Futures Contracts | Expiration | Notional Amount(g) | Value and Unrealized Appreciation | |||
6 | CME E-Mini NASDAQ 100 Index Future | 03/15/2024 | $ 2,042,820 | $ 29,701 | |||
20 | CME E-mini Russell 2000 Index Futures | 03/15/2024 | 2,047,700 | 29,210 | |||
105 | CME E-Mini Standard & Poor's 500 Index Futures | 03/15/2024 | 25,305,000 | 251,025 | |||
TOTAL OPEN LONG FUTURES CONTRACTS | $ 309,936 | ||||||
OPEN FUTURES CONTRACTS | |||||||
Number of Contracts | Open Short Futures Contracts | Expiration | Notional Amount(g) | Value and Unrealized Appreciation | |||
325 | CBOE Volatility Index Future | 01/17/2024 | $ 4,566,640 | $ 223,360 | |||
1 | CBOE Volatility Index Future | 02/14/2024 | 15,295 | 1,205 | |||
TOTAL OPEN SHORT FUTURES CONTRACTS | $ 224,565 | ||||||
TOTAL FUTURES CONTRACTS | $ 534,501 | ||||||
IB | Interactive Brokers |
SXM | StoneX Financial Inc. |
(a) | Zero coupon bond. |
(b) | Rate disclosed is the seven day effective yield as of December 31, 2023. |
(c) | Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security. |
(d) | Percentage rounds to less than 0.1%. |
(e) | Each contract is equivalent to one futures contract. |
(f) | Percentage rounds to greater than (0.1)%. |
(g) | The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund's futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund. |
(h) | Illiquid security. Total illiquid securities represents (0.0)% of net assets as of December 31, 2023. |
(i) | All or a portion of this investment is segregated as collateral for option contracts and future contracts. |