Archer Investment Series Trust NPORT-P Archer Multi Cap Fund (Nov 2020 report)

Schedule of Investments
November 30, 2020 (unaudited)
Archer Multi Cap Fund
		Shares or Principal
Security Description		Amount ($)		Fair Value ($)(1)
Common Stocks - 89.07%
Air Transportation, Scheduled - 0.66%
SkyWest, Inc. (2)		400		17,172
Beverages - 1.18%
Coca-Cola Co.		600		30,960
Chemicals & Allied Products - 1.30%
Balchem Corp. (2)		329		34,114
Construction Special Trade Contractors - 3.00%
TopBuild Corp. (2)		450		78,403
Cutlery, Handtools & General Hardware - 1.45%
Simpson Manufacturing Co., Inc.		413		37,955
Electric & Other Services Combined - 0.14%
Avista Corp.		100		3,752
Electric Services - 1.05%
OGE Energy Corp.		848		27,467
Electromedical & Electrotherapeutic Apparatus - 0.97%
Conmed Corp.		250		25,472
Electronic Components & Accessories - 0.88%
Universal Display Corp.		100		22,904
Electronic Computers - 3.88%
Apple, Inc.		456		54,287
Omnicell, Inc. (2)		450		47,182
				101,469
Fabricated Rubber Products, Nec - 1.33%
Carlisle Cos., Inc.		50		7,241
West Pharmaceutical Services, Inc.		100		27,516
				34,757
Fats & Oils - 1.72%
Darling Ingredients, Inc. (2)		933		45,045
Fire, Marine & Casualty Insurance - 1.26%
Alleghany Corp. (2)		20		11,504
Berkshire Hathaway, Inc. Class B (2)		94		21,518
				33,022
Footwear (No Rubber) - 0.48%
Steven Madden, Ltd. (2)		400		12,588
Gas & Other Services Combined - 0.81%
UGI Corp.		600		21,288
Guided Missiles & Space Vehicles & Parts - 1.05%
Aerojet Rocketdyne Holdings, Inc. (2)		731		27,361
Hospital & Medical Service Plans - 0.90%
United Health Group, Inc.		70		23,544
In Vitro & In Vivo Diagnostic Substances - 2.13%
Neogen Corp. (2)		750		55,665
Industrial Instruments For Measurement, Display & Control - 1.69%
Cognex Corp.		589		44,257
Instruments For Measuring & Testing of Electricity & Electrical Signals - 2.66%
Teradyne, Inc.		631		69,625
Insurance Agents Brokers & Services - 1.45%
Brown & Brown, Inc.		845		38,050
Life insurance - 1.54%
Reinsurance Group of America, Inc.		350		40,348
Measuring & Controlling Devices, Nec - 2.23%
Trimble, Inc. (2)		973		58,254
National Commercial Banks - 4.10%
Bank of America Corp.		1,338		37,678
Community Bank Systems, Inc.		618		38,471
JP Morgan Chase & Co.		238		28,055
Wells Fargo & Co.		116		3,173
				107,377
Paints, Varnishes, Lacquers, Enamels & Allied Products - 1.93%
RPM International, Inc.		575		50,606
Petroleum Refining - 1.46%
Chevron Corp.		100		8,718
Exxon Mobil Corp.		774		29,513
				38,231
Pharmaceutical Preparations - 2.92%
Johnson & Johnson		250		36,170
Merck & Co., Inc.		250		20,097
Pfizer, Inc.		500		19,155
Viatris, Inc. (2)		62		1,044
				76,466
Real Estate Agents & Managers (For Others) - 0.13%
Jones Lang LaSalle, Inc. (2)		25		3,307
Retail-Auto Dealers & Gasoline Stations - 2.48%
Lithia Motors, Inc.		224		64,803
Retail-Catalog & Mail-Order Houses - 2.42%
Amazon.com, Inc. (2)		20		63,361
Retail-Furniture Stores - 0.87%
RH-Restoration Hardware (2)		50		22,658
Retail-Lumber & Other Building Materials Dealers - 2.12%
Home Depot, Inc.		200		55,482
Search, Detection, Navigation, Guidance, Aeronautical Systems & Instruments - 1.44%
Teledyne Technologies, Inc. (2)		100		37,794
Semiconductors & Related Devices - 2.86%
Intel Corp.		700		33,845
Viavi Solutions, Inc. (2)		3,033		41,082
				74,927
Services-Business Services - 6.17%
Fair Isaac, Inc. (2)		129		60,989
MasterCard, Inc. Class A		162		54,515
Visa, Inc. Class A		177		37,232
Wex, Inc. (2)		50		8,662
				161,398
Services-computer Programming, Data Processing, Etc. - 7.66%
Alphabet, Inc. Class A (2)		25		43,860
Alphabet, Inc. Class C (2)		35		61,626
Facebook, Inc. Class A (2)		162		44,869
Factset Research Systems, Inc.		150		50,064
				200,419
Services-Educational Services - 0.36%
Strategic Education, Inc.		100		9,389
Services-Home Health Care Services - 0.75%
LHC Group, Inc. (2)		100		19,632
Services-Management Consulting Services - 2.16%
Exponent, Inc.		680		56,447
Services-Miscellaneous Amusement & Recreation - 1.30%
Walt Disney Co. (2)		230		34,042
Services-Personal Services - 0.42%
UniFirst Corp.		60		11,093
Services-Prepackaged Software - 3.19%
Microsoft Corp.		210		44,955
Tyler Technologies, Inc. (2)		90		38,484
				83,439
Services-Testing Laboratories - 1.09%
NeoGenomics, Inc. (2)		600		28,548
Soap, Detergent, Cleaning Preparations, Perfumes, Cosmetics - 1.41%
Procter & Gamble Co.		266		36,939
Special Industry Machinery (No Metalworking Machinery) - 0.42%
John Bean Technologies Corp.		100		11,056
Special Industry Machinery - 3.03%
Brooks Automation, Inc.		1,087		79,340
State Commercial Banks - 0.31%
Glacier Bancorp, Inc.		200		8,154
Telephone Communications (No Radio Telephone) - 1.19%
AT&T, Inc.		450		12,938
Verizon Communications, Inc.		300		18,123
				31,061
Water Supply - 2.92%
American States Water Co.		600		44,292
Essential Utilities, Inc.		709		32,104
				76,396
Wholesale-Groceries & Related Products - 0.20%
Domino's Pizza, Inc.		13		5,103
Total Common Stock		(Cost $                1,996,503)		2,330,940
Real Estate Investment Trust - 4.58%
Camden Property Trust		415		41,014
Medical Properties Trust, Inc.		1,600		31,040
National Retail Properties, Inc.		100		3,770
Omega Healthcare Investors, Inc.		107		6,938
Prologis, Inc.		372		37,219
Total Real Estate Investment Trusts		(Cost $                   122,115)		119,981
Money Market Registered Investment Companies - 6.31%
Morgan Stanley Institutional Liquidity Treasury Portfolio - Institutional Class - 0.01% (3)		165,147		165,147
Total Money Market Registered Investment Companies		(Cost $                   165,147)		165,147
Total Investments - 99.97%		(Cost $                2,283,765)		2,616,068
Other Assets less Liabilities  (0.03%)				824
Total Net Assets - 100.00%				2,616,892
(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)
The following is a summary of the inputs used as of November 30, 2020 in valuing the Fund's assets carried at fair value:
		Investments in		Other Financial
Valuation Inputs		Securities		Instruments
Level 1 - Quoted Prices	$	2,616,068	$	-
Level 2 - Other Significant Observable Inputs		-		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	2,616,068	$	-
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.
(2)  Represents non-income producing securities.
(3)  Variable rate security; the coupon rate shown represents the yield at November 30, 2020.