Archer Investment Series Trust NPORT-P Archer Dividend Growth Fund (Nov 2022 report)

Schedule of Investments
November 30, 2022 (unaudited)
Archer Dividend Growth Fund
			Shares or Principal
Security Description			Amount ($)		Fair Value ($)(1)
Common Stocks - 87.68%
Beverages - 2.08%
PepsiCo, Inc.			2,900		537,979
Bottled & Canned Soft Drinks Carbonated Waters - 2.69%
Coca-Cola FEMSA S.A.B. de C.V. ADR Series L			10,200		696,762
Canned, Frozen & Preserved Fruit, Veg & Food Supplies - 1.94%
Kraft Heinz Co.			12,700		499,745
Computer & Office Equipment - 4.18%
Cisco Systems, Inc.			10,300		512,116
International Business Machines Corp.			3,800		565,820
					1,077,936
Construction Machinery & Equip - 2.22%
Caterpillar, Inc.			2,425		573,294
Electric & Other Services Combined - 6.19%
Consolidated Edison, Inc.			6,750		661,770
Duke Energy Corp.			5,082		507,844
Exelon Corp.			10,300		426,111
					1,595,725
Electric Services - 8.93%
American Electric Power Co., Inc.			6,450		624,360
Entergy Corp.	��		4,800		558,096
NRG Energy, Inc.			13,160		558,642
Southern Co.			8,300		561,412
					2,302,510
Finance Services - 1.76%
Hercules Capital, Inc.			32,000		453,120
Fire, Marine & Casualty Insurance - 1.69%
Progressive Corp.			3,300		436,095
Gas & Other Services Combined- 1.80%
UGI Corp.			12,000		463,800
Guided Missiles & Space Vehicles & Parts - 2.40%
Lockheed Martin Corp.			1,275		618,617
Independent Oil & Gas - 1.38%
Devon Energy Corp. (2)			5,200		356,304
National Commercial Banks - 5.29%
JPMorgan Chase & Co.			3,650		504,357
Regions Financial Corp.			37,000		858,770
					1,363,127
Natural Gas Transmission - 2.33%
Kinder Morgan, Inc.			31,400		600,368
Paper Mills - 1.56%
Mativ Holdings, Inc.			19,400		402,938
Petroleum Refining- 5.09%
BP PLC. ADR			15,000		538,500
Chevron Corp.			4,230		775,401
					1,313,901
Pharmaceutical Preparations - 15.00%
AbbVie, Inc.			6,350		1,023,493
Bristol Myers Squibb Co.			6,970		559,552
Johnson & Johnson			2,500		445,000
Merck & Co., Inc.			7,490		824,799
Organon & Co.			10,300		268,006
Pfizer, Inc.			14,900		746,937
					3,867,787
Plastic Materials, Synth Resins & Nonvulcan Elastomers- 1.25%
Dow, Inc.			6,300		321,111
Retail - Drug Stores and Proprietary Stores - 5.02%
CVS Health Corp.			6,400		652,032
Walgreens Boots Alliance, Inc.			15,500		643,250
					1,295,282
Retail - Retail Stores - 1.24%
Kohls Corp.			10,000		320,800
Semiconductors & Related Devices - 6.04%
Broadcom, Inc.			865		476,641
Intel Corp.			19,900		598,393
Texas Instruments, Inc.			2,670		481,828
					1,556,862
Soap, Detergent, Cleaning Preparations, Perfumes, Cosmetics - 2.48%
Procter & Gamble Co.			4,282		638,703
Telephone Communications (No Radio Telephone) - 2.88%
BCE, Inc.			7,400		352,536
Verizon Communications, Inc. (2)			10,000		389,800
					742,336
Trucking & Courier Services (No Air) - 2.24%
United Parcel Service, Inc. Class B			3,050		578,677
Total Common Stock			(Cost $         17,238,432)		22,613,779
Real Estate Investment Trusts - 7.73%
Crown Castle International Corp.			2,700		381,861
Digital Realty Trust, Inc.			3,400		382,364
Iron Mountain, Inc.			12,000		651,960
W. P. Carey, Inc.			7,320		576,816
Total Real Estate Investment Trusts			(Cost $             1,468,688)		1,993,001
Money Market Registered Investment Companies - 4.24%
Federated Treasury Obligation Fund - Institutional Shares - 3.66% (3)			1,093,593		1,093,593
Total Money Market Registered Investment Companies			(Cost $             1,093,593)		1,093,593
Total Investments - 99.65%			(Cost $           19,800,713)		25,700,373
Other Assets less Liabilities - .35%					90,841
Total Net Assets - 100.00%					25,791,214
(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, 2022 in valuing the Fund's assets carried at fair value:
			Investments in		Other Financial
Valuation Inputs			Securities		Instruments
Level 1 - Quoted Prices		$	25,700,373	$	0
Level 2 - Other Significant Observable Inputs			0		-
Level 3 - Significant Unobservable Inputs			-		-
Total		$	25,700,373	$	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, 2022