Archer Investment Series Trust NPORT-P Archer Dividend Growth Fund (Nov 2021 report)

Schedule of Investments
November 30, 2021 (unaudited)
Archer Dividend Growth Fund
		Shares or Principal
Security Description		Amount ($)		Fair Value ($)(1)
Common Stocks - 84.12%
Beverages - 1.99%
PepsiCo, Inc.		2,900		463,362
Bottled & Canned Soft Drinks Carbonated Waters - 2.16%
Coca-Cola FEMSA S.A.B. de C.V. ADR Series L		10,200		501,024
Computer & Office Equipment - 3.94%
Cisco Systems, Inc.		10,300		564,852
International Business Machines Corp. (2)		3,000		351,300
				916,152
Construction Machinery & Equip - 2.02%
Caterpillar, Inc.		2,425		468,874
Drawing And Insulating Nonferrous Wire - 1.92%
Corning, Inc.		12,000		445,080
Electric & Other Services Combined - 6.47%
Consolidated Edison, Inc.		6,750		524,070
Duke Energy Corp.		5,082		493,005
Exelon Corp.		9,200		485,116
				1,502,191
Electric Services - 6.51%
American Electric Power Co., Inc.		6,450		522,772
Entergy Corp.		4,800		481,632
Southern Co.		8,300		507,130
				1,511,534
Finance Services - 2.26%
Hercules Capital, Inc.		32,000		526,080
Fire, Marine & Casualty Insurance - 1.32%
Progressive Corp.		3,300		306,702
Guided Missiles & Space Vehicles & Parts - 1.83%
Lockheed Martin Corp.		1,275		424,983
Misc Industrial & Commercial Machinery & Equipment - 2.72%
Eaton Corp. PLC (Ireland)		3,900		632,034
National Commercial Banks - 6.12%
JPMorgan Chase & Co.		3,650		579,730
Regions Financial Corp.		37,000		841,750
				1,421,480
Natural Gas Transmission - 2.09%
Kinder Morgan, Inc.		31,400		485,444
Petroleum Refining- 4.22%
BP PLC ADR		15,000		389,400
Chevron Corp.		5,230		590,310
				979,710
Pharmaceutical Preparations - 14.64%
AbbVie, Inc.		6,350		732,028
Bristol Myers Squibb Co.		6,970		373,801
Johnson & Johnson		2,500		389,825
Merck & Co., Inc.		7,490		561,076
Organon & Co.		5,710		166,903
Pfizer, Inc.		14,900		800,577
Viatris, Inc.		30,645		377,240
				3,401,450
Plastic Materials, Synth Resins & Nonvulcan Elastomers- 1.49%
Dow, Inc.		6,300		346,059
Retail - Drug Stores and Proprietary Stores - 4.38%
CVS Health Corp.		6,400		569,984
Walgreens Boots Alliance, Inc.		10,000		448,000
				1,017,984
Search, Detection, Navigation, Guidance, Aeronautical Systems - 2.24%
Garmin Ltd. (Switzerland)		3,900		520,806
Semiconductors & Related Devices - 4.27%
Broadcom, Inc.		865		478,933
Texas Instruments, Inc.		2,670		513,628
				992,561
Services - Personal Services - 2.24%
H&R Block, Inc.		22,000		520,960
Soap, Detergent, Cleaning Preparations, Perfumes, Cosmetics - 2.67%
Procter & Gamble Co.		4,282		619,092
Surgical & Medical Instruments & Apparatus - 0.78%
3M Co.		1,062		180,582
Telephone Communications (No Radio Telephone) - 3.23%
BCE, Inc.		7,400		372,738
Verizon Communications, Inc.		7,500		377,025
				749,763
Trucking & Courier Services (No Air) - 2.60%
United Parcel Service, Inc. Class B		3,050		605,029
Total Common Stock		(Cost $           15,487,717)		19,538,936
Real Estate Investment Trusts - 11.96%
American Campus Communities, Inc.		11,860		613,636
Crown Castle International Corp.		2,700		490,455
Digital Realty Trust, Inc.		3,400		570,316
Iron Mountain, Inc.		12,000		545,280
W. P. Carey, Inc.		7,320		558,882
Total Real Estate Investment Trusts		(Cost $             1,895,322)		2,778,569
Money Market Registered Investment Companies - 3.62%
Federated Treasury Obligation Fund - Institutional Shares - 0.01 % (3)		840,994		840,994
Total Money Market Registered Investment Companies		(Cost $                840,994)		840,994
Total Investments - 99.70%		(Cost $           18,224,033)		23,158,499
Other Assets less Liabilities - .30%				69,194
Total Net Assets - 100.00%				23,227,693
(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, 2021 in valuing the Fund's assets carried at fair value:
		Investments in		Other Financial
Valuation Inputs		Securities		Instruments
Level 1 - Quoted Prices	$	23,158,499	$	0
Level 2 - Other Significant Observable Inputs		0		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	23,158,499	$	0
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, 2021