Archer Investment Series Trust NPORT-P Archer Multi Cap Fund (May 2021 report)

Schedule of Investments
May 31, 2021 (unaudited)
Archer Multi Cap Fund
		Shares or Principal
Security Description		Amount ($)		Fair Value ($)(1)
Common Stocks - 97.11%
Beverages - 0.83%
Coca-Cola Co.		600		33,174
Biological Products (No Diagnostic Substances) - 1.57%
Bio-Techne Corp.		151		62,488
Cable & Other Pay Television Services - 2.24%
Cable One, Inc.		17		30,865
Comcast Corp. Class A		1,012		58,028
				88,893
Chemicals & Allied Products - 1.47%
Balchem Corp. (2)		446		58,426
Communications Equipment, Nec - 1.38%
Iridium Communications, Inc. (2)		1,435		54,831
Electromedical & Electrotherapeutic Apparatus - 0.78%
Masimo Corp. (2)		143		30,831
Electronic Components, Nec - 1.03%
Advanced Energy Industries, Inc.		400		40,804
Electronic Computers - 2.66%
Apple, Inc.		256		31,900
Omnicell, Inc. (2)		532		73,948
				105,848
Fabricated Plate Work (Boiler Shops) - 1.21%
Chart Industries, Inc. (2)		331		48,306
Fabricated Structural Metal Products - 0.78%
Proto Labs, Inc. (2)		347		31,018
Fire, Marine & Casualty Insurance - 1.12%
Berkshire Hathaway, Inc. Class B (2)		154		44,574
General Industrial Machinery & Equipment, Nec - 1.49%
Nordson Corp.		267		59,191
Hospital & Medical Service Plans - 5.12%
Molina Healthcare, Inc. (2)		289		72,643
Trupanion, Inc. (2)		493		44,454
UnitedHealth Group, Inc.		210		86,503
				203,600
Hotels & Motels - 3.16%
Caesars Enternatinment, Inc. (2)		681		73,173
Penn National Gaming, Inc. (2)		638		52,297
				125,470
Industrial Instruments For Measurement, Display & Control - 1.62%
Cognex Corp.		813		64,544
Instruments For Measuring & Testing of Electricity & Electrical Signals - 1.45%
Itron, Inc. (2)		605		57,687
Insurance Agents Brokers & Services - 1.12%
Brown & Brown, Inc.		845		44,379
Lawn & Garden Tractors & Home Lawn & Garden Equipment - 1.69%
Toro Co.		606		67,321
Leather & Leather Products - 1.27%
Capri Holdings Ltd. (2)		887		50,302
Measuring & Controlling Devices, Nec - 1.77%
Trimble, Inc.  (2)		905		70,400
Metal Mining - 1.69%
Cleveland-Cliffs, Inc. (2)		3,349		67,382
Miscellaneous Chemical Products - 0.89%
WD-40 Co.		145		35,496
Motor Vehicles & Passenger Car Bodies - 1.05%
Tesla, Inc. (2)		67		41,890
Motors & Generators - 1.43%
Generac Holdings, Inc. (2)		173		56,869
National Commercial Banks - 3.96%
Bank of America Corp.		2,013		85,331
JPMorgan Chase & Co.		438		71,937
				157,268
Paints, Varnishes, Lacquers, Enamels & Allied Products - 1.35%
RPM International, Inc.		575		53,780
Pharmaceutical Preparations - 2.33%
Johnson & Johnson		385		65,161
Merck & Co., Inc.		360		27,321
				92,482
Pumps & Pumping Equipment - 1.52%
Graco, Inc.		797		60,349
Retail-Catalog & Mail-Order Houses - 1.62%
Amazon.com, Inc. (2)		20		64,461
Retail-Lumber & Other Building Materials Dealers - 1.20%
Home Depot, Inc.		150		47,837
Rubber & Plastics Footwear - 1.59%
Crocs, Inc. (2)		623		63,073
Semiconductors & Related Devices - 5.46%
Enphase Energy, Inc. (2)		270		38,623
Monolithic Power Systems, Inc.		134		45,978
NVIDIA Corp.		70		45,485
Power Integrations, Inc.		583		47,917
SolarEdge Technologies, Inc. (Israel) (2)		152		39,217
				217,220
Services-Business Services - 6.47%
Fair Isaac Corp. (2)		99		50,100
MasterCard, Inc. Class A		147		53,005
PayPal Holdings, Inc. (2)		247		64,225
Stamps.com, Inc. (2)		181		33,970
Visa, Inc. Class A		247		56,143
				257,443
Services-Commercial Physical & Biological Research - 1.93%
Charles River Laboratories International, Inc. (2)		227		76,724
Services-Computer Processing & Data Preparation - 0.83%
8x8, Inc. (2)		1,408		33,158
Services-Computer Programming, Data Processing, Etc. - 5.58%
Alphabet, Inc. Class A  (2)		25		58,921
Alphabet, Inc. Class C  (2)		25		53,055
Facebook, Inc. Class A (2)		212		69,691
Factset Research Systems, Inc.		120		40,123
				221,790
Services-Management Consulting Services - 2.38%
Exponent, Inc.		1,038		94,697
Services-Miscellaneous Amusement & Recreation - 1.26%
Walt Disney Co.  (2)		280		50,022
Services-Prepackaged Software - 8.01%
Adobe, Inc. (2)		76		38,348
Alarm.com Holdings, Inc. (2)		576		47,163
Ceridian HCM Holding, Inc. (2)		357		31,937
LivePerson, Inc. (2)		917		50,389
Microsoft Corp.		210		52,433
PTC, Inc. (2)		484		64,924
SPS Commerce, Inc. (2)		353		33,132
				318,326
Services-Skilled Nursing Care Facilities - 1.56%
Ensign Group, Inc.		744		61,901
Services-Testing Laboratories - 0.81%
NeoGenomics, Inc.  (2)		785		32,209
Services-Video Tape Rental - 0.91%
Netflix, Inc. (2)		72		36,202
Soap, Detergent, Cleaning Preparations, Perfumes, Cosmetics - 0.90%
Procter & Gamble Co.		266		35,870
Special Industry Machinery - 1.38%
Brooks Automation, Inc.		537		54,822
Special Industry Machinery (No Metalworking Machinery) - 1.48%
John Bean Technologies Corp.		408		58,764
Sporting & Athletic Goods, NEC - 1.22%
YETI Holdings, Inc. (2)		556		48,706
Telephone Communications (No Radio Telephone) - 0.43%
Verizon Communications, Inc.		300		16,947
Transportation Services - 1.65%
XPO Logistics, Inc. (2)		446		65,531
Trucking (No Local) - 1.61%
SAIA, Inc. (2)		278		63,984
Water Supply - 0.85%
Essential Utilities, Inc.		709		33,890
Total Common Stock		(Cost $                3,380,844)		3,861,180
Real Estate Investment Trust - 0.96%
Medical Properties Trust, Inc.		1,800		38,106
Total Real Estate Investment Trusts		(Cost $                     37,148)		38,106
Money Market Registered Investment Companies - 2.03%
Morgan Stanley Institutional Liquidity Treasury Portfolio - Institutional Class - 0.01% (3)		80,598		80,598
Total Money Market Registered Investment Companies		(Cost $                     80,598)		80,598
Total Investments - 100.10%		(Cost $                3,498,590)		3,979,884
Liabilities in excess of Other Assets- (0.10%)				(3,816)
Total Net Assets - 100.00%				3,976,068
(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  May 31, 2021 in valuing the Fund's assets carried at fair value:
		Investments in		Other Financial
Valuation Inputs		Securities		Instruments
Level 1 - Quoted Prices	$	3,979,884	$	-
Level 2 - Other Significant Observable Inputs		-		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	3,979,884	$	-
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 May 31, 2021