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

Schedule of Investments
November 30, 2021 (unaudited)
Archer Focus Fund
		Shares or Principal
Security Description		Amount ($)		Fair Value ($)(1)
Common Stocks - 90.97%
Accident & Health Insurance- 2.50%
Aflac, Inc.		1,675		90,685
Arrangement of Transportation of Freight & Cargo - 2.65%
Expeditors International of Washington, Inc.		789		95,958
Biological Products (No Diagnostic Substances) - 1.57%
Amgen, Inc.		287		57,079
Computer & Office Equipment - 2.17%
Cisco Systems, Inc.		1,438		78,860
Electric & Othwer Services Combined - 2.21%
Alliant Energy Corp.		1,465		80,267
Electric Services - 2.68%
NextEra Energy, Inc.		1,119		97,107
Fire, Marine & Casualty Insurance - 2.55%
Progressive Corp.		995		92,475
Guided Missiles & Space Vehicles & Parts - 2.52%
Lockheed Martin Corp.		274		91,330
Hospital & Medical Service Plans - 2.43%
UnitedHealth Group, Inc.		198		87,956
Industrial Inorganic Chemicals - 2.85%
Air Products and Chemicals, Inc.		360		103,478
Mining & Quarrying of Nonmetallic Minerals (No Fuels) - 2.71%
Martin Marietta Materials, Inc.		244		98,456
Natural Gas Distribution - 1.88%
Atmos Energy Corp.		753		68,011
Natural Gas Transmission - 1.93%
Kinder Morgan, Inc.		4,525		69,957
Oil & Gas Filed Machinery & Equipment - 1.98%
Baker Hughes Co. Class A		3,082		71,934
Operative Builders - 4.73%
D.R. Horton, Inc. (2)		983		96,039
PulteGroup, Inc.		1,510		75,545
				171,584
Paints, Varnishes, Lacquers, Enamels & Allied Products- 2.02%
PPG Industries, Inc.		476		73,385
Petroleum Refining- 2.82%
Marathon Petroleum Corp.		1,680		102,228
Pharmaceutical Preparations - 5.33%
Johnson & Johnson		563		87,789
Regeneron Pharmaceuticals, Inc. (2)		166		105,664
				193,453
Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) - 2.55%
Celanesa Corp. Series A		612		92,632
Real Estate - 2.42%
CBRE Group, Inc. Class A  (2)		920		87,924
Retail-Building Materials, Hardware, Garden Supply - 2.85%
Tractor Supply Co.		459		103,426
Retail-Radio TV & Consumer Electronics Sotres- 1.89%
Best Buy Co., Inc.		640		68,390
Retail-Building Materials, Hardware, Garden Supply - 6.84%
Costco Wholesale Corp.		252		135,924
Target Corp.		460		112,166
				248,090
Security Brokers, Dealers & Flotation Companies - 2.07%
BlackRock, Inc.		83		75,083
Semiconductors & Related Devices - 4.39%
Intel Corp.		1,695		83,394
Skyworks Solutions, Inc.		500		75,830
				159,224
Services-Advertising Agencies - 4.18%
Interpublic Group of Cos., Inc.		2,450		81,316
Omnicom Group, Inc.		1,045		70,339
				151,655
Services-Business Services, Inc. - 2.06%
Visa, Inc. Class A		385		74,601
Services-Computer Programming, Data Processing, Etc. - 5.28%
Alphabet, Inc. Class A   (2)		37		105,004
Meta Platforms, Inc. Class A  (2)		267		86,631
				191,635
Ship & Boat Building & Repairing - 2.06%
Huntington Ingalls Industries, Inc.		420		74,554
Specialty Cleaning, Polishing and Sanitation Preparations - 2.14%
Clorox Co.		476		77,517
Television Broadcasting Stations - 1.96%
ViacomCBS, Inc. Class B		2,300		71,185
Title Insurance - 2.73%
Fidelity National Financial, Inc.		2,025		99,043
Total Common Stock		(Cost $                3,136,640)		3,299,162
Real Estate Investment Trusts - 5.37%
Public Storage		344		112,619
VICI Properties, Inc.		3,017		82,062
Total Registered Investment Companies		(Cost $                    180,104)		194,681
Money Market Registered Investment Companies - 3.55%
Morgan Stanley Institutional Liquidity Treasury Portfolio - Institutional Class - 0.01% (3)		128,918		128,918
Total Money Market Registered Investment Companies		(Cost $                   128,918)		128,918
Total Investments - 99.89%		(Cost $                3,445,662)		3,622,761
Other Assets less Liabilities - .11%				4,071
Total Net Assets - 100.00%				3,626,832
(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	$	3,622,761	$	0
Level 2 - Other Significant Observable Inputs		0		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	3,622,761	$	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.