Archer Investment Series Trust NPORT-P Archer Income Fund (Nov 2024 report)

Schedule of Investments
November 30, 2024 (unaudited)
Archer Income Fund
		Shares or Principal
Security Description		Amount ($)		Fair Value ($)(1)
Corporate Bonds - 51.12% (5)
Air Transportation, Scheduled - 0.67%
Southwest Airlines Co., 5.250%, due 5/04/25		150,000		150,023
Aircraft - 0.66%
Boeing Co., 2.600%, due 10/30/25		150,000		147,076
Asset Management - 1.14%
Ares Capital Corp., 5.875%, 03/01/29		250,000		253,820
Banks & Financial Institutions - 5.83%
Federal Farm Credit Bank, 4.940%, 10/08/2031		250,000		248,732
Federal Farm Credit Bank, 5.570, 08/26/2033		500,000		499,848
Federal Home Loan Bank, 5.555%, 2/15/2033		550,000		550,211
				1,298,791
Commercial Banks - 1.57%
Bank of Montreal MTN, 5.650%, 7/12/2029		250,000		250,019
Bank Of Montreal, 6.100%, 08/29/28		100,000		100,000
				350,019
Dental Equipment & Supplies - 0.60%
Dentsply Sirona, Inc., 3.250%, to 06/01/2030		150,000		134,487
Financial Services - 2.23%
Ford Motor Credit Co. LLC., 6.800%, 08/20/2025		350,000		350,568
General Motors Financial Co., Inc. Series C, 5.70%, to 09/30/2030		150,000		146,113
				496,682
General Building Contractors - Residential Buildings - 0.45%
Lennar Corp., 4.750%, due 11/29/27		100,000		100,348
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures - 2.02%
Masco Corp., 7.750%, 08/01/29		400,000		449,407
Investment Advice - 0.89%
Affiliated Managers Group, Inc., 3.500%, due 8/01/25		200,000		198,121
Motor Vehicles & Passenger Car Bodies - 0.67%
Toyota Motor Corp. LLC., 5.250%, 02/22/2027		150,000		149,700
National Commercial Banks - 1.53%
Banc of California, Inc., 5.250%, due 04/15/25		200,000		198,430
Bank Of America Corp., 5.100%, 9/16/2036		250,000		246,208
Bank Of America Corp., 6.550%, 10/20/2033		200,000		202,589
CenterState Bank Corp., 5.750%, to 06/01/25		10,000		9,863
JPMorgan Chase & Co. Series B, 5.330, due 02/01/2027 (3-month US Libor + .50%)		150,000		148,104
JPMorgan Chase & Co. Series CC, 8.082%, 02/01/2025		150,000		151,016
Mellon Capital IV Series 1, 6.224%, to 12/20/24		200,000		175,380
Truist Financial Corp. Series M, 5.125%, to 12/15/2027		100,000		97,646
Truist Financial Corp. Series Q Perpetual, 5.10%, 03/01/2030		75,000		72,127
TTCU Federal Credit Union, 5.000%, 07/26/27		150,000		153,263
UMB Financial Corp., 3.700%, 9/17/2030		250,000		242,500
US Bancorp, 3.70%, 01/15/2027		200,000		189,764
Wells Fargo & Company, 5.200%, 8/16/2034		350,000		342,066
				2,228,955
Natural Gas Distribution - 0.22%
National Fuel Gas Co., 5.200%, due 7/15/25		50,000		49,931
Natural Gas Transmission - 1.13%
Targa Resources Corp., 5.500%, 03/01/2030		250,000		252,583
Other Sectors - 0.23%
Conservation Fund, 3.474%, 12/15/29		55,000		50,449
Paper Mills - 2.23%
Georgia-Pacific, LLC., 7.250%, 06/01/28		300,000		325,703
Georgia-Pacific, LLC., 7.750%, 11/15/2029		150,000		171,066
				496,769
Personal Credit Institutions - 1.09%
Discover Financial Services Series D, 6.125%, to 6/23/25 (a) (b)		100,000		99,933
OneMain Finance Corp., 3.500%, due 1/15/27		150,000		144,104
				244,037
Retail-Department Store - 0.16%
Dillards, Inc., 7.750%, due 7/15/26		35,000		36,248
Retail-Drug Stores & Proprietary Stores - 1.34%
CVS Health Corp., 5.300%, 06/01/2033		300,000		297,707
Security Brokers, Dealers & Flotation Companies - 1.77%
Capital Southwest Corp., 3.375%, due 10/01/26		100,000		94,753
Jefferies Financial Group, Inc., 6.000%, 12/29/2028		150,000		149,678
Jeffries Financial Group, Inc. 6.500%, 10/31/29		150,000		150,398
				394,829
Services-Equipment Rental & Leasing - 1.08%
Air Lease Corp., 3.625%, due 12/01/27		100,000		96,773
United Rentals, Inc., 3.875%, due 11/15/27		150,000		144,827
				241,600
Services-General Medical & Surgical Hospitals - 1.18%
HCA Healthcare, Inc., 7.050%, due 12/01/27		250,000		263,795
Services - Miscellaneous Amusement & Recreation - 0.51%
Walt Disney Co., 6.750%, due 1/09/2038		100,000		114,674
Services-Prepackaged Software - 0.66%
VMWare, Inc., 3.900%, due 8/21/27		150,000		146,908
State Commercial Banks - 9.31%
Ally Financial, Inc. Series B, 4.700%, to 05/15/26		150,000		141,367
Deutsche Bank, 5.150%, 9/15/2034		250,000		243,976
Fifth Third Bancorp Series L, 4.500%, to 09/30/2025		150,000		147,818
First Citizens Bank, 6.125%, 03/09/28		350,000		362,743
Hilltop Holdings, Inc., 5.000%, 04/15/2025		100,000		98,500
Keycorp., 2.250%, 04/06/27		200,000		188,484
M&T Bank Corporation, 7.413%, 10/30/2029		250,000		269,703
Merchants Bancorp, 5.250, 10/01/2027		4,000		104,120
State Street Corp., 7.350%, 06/15/26		500,000		518,813
SVB Financial Group Trust		6,000		0
				2,075,523
Steel Works, Blast Furances & Rolling Mills (Coke Ovens) - 0.67%
Steel Dynamics, Inc., 5.00%, due 12/15/26		150,000		149,776
Telephone Communications - 1.84%
Pacific Bell, 7.125%, 03/15/26		400,000		409,094
Telephone Communications (No Radio Telephone) - 0.23%
Indiana Bell Tel Co., Inc., 7.300%, due 8/15/26		50,000		51,482
Wholesale-Groceries & Related Products - 0.72%
Sysco Corp., 6.500%, due 8/01/28		152,000		161,202
Total Corporate Bonds		(Cost $          11,762,523)		11,394,033
Exchange-Traded Funds - 3.67% (3)
iShares 10+ Year Investment Grade Corporate Bond ETF		10,000		521,300
iShares 5-10 Year Investment Grade Corporate Bond ETF		5,000		263,650
iShares US Preferred Stock ETF		1,000		32,950
Total Exchange-Traded Funds		(Cost $                809,693)		817,900
Real Estate Investment Trusts - 1.54% (3)
Boston Properties LP., 4.500%, 12/01/2028		250,000		244,867
Ready Capital Corp., 5.750%, due 2/15/26		4,000		98,400
Total Real Estate Investment Trusts		(Cost $              344,775)		343,267
Corporate Bonds - 0.00% (5)
Plainfield Redevelopment Commission, 2.000%, due 2/01/2029		300,000		268,572
The Walt Disney Co., 7.700%, 10/30/2025		400,000		408,607
		(Cost $              678,771)		677,179
Municipal Bonds - 12.52% (5)
Florida - 0.65%
North Miami Beach, FL, Water Revenue Series B, 2.311%, due 8/01/27		150,000		142,386
Georgia - 0.23%
Georgia Local Government, 4.750%, due 6/01/28		50,000		51,166
Georgia Qualified School Construction Bond Series F, 4.000%, 02/01/26		150,000		149,307
				200,473
Illinois - 0.61%
Illinois Build America Bond, 6.900%, due 3/01/2035		125,000		136,706
Illinois State Taxable Pension AGM CR, 5.100%, 06/01/2033		42,353		42,760
				179,467
Indiana - 3.46%
Beech Grove, IN Sch Bldg. Corp., 2.850%, due 7/05/25		140,000		139,066
Evansville-Vanderburgh, IN School Bldg. Corp. Series B, 5.900%, due 7/15/26		165,000		165,081
Evansville-Vanderburgh, IN School Bldg. Corp. Series B, 6.150%, due 7/15/27		100,000		100,078
Gary Community School, 3.200%, due 7/15/29		50,000		48,176
Gary Community School, 3.500%, 1/15/33		25,000		23,483
Indiana State Housing & Community Development Authority, 4.984 %, 7/1/2030		140,000		142,157
Schererville Income Econ Dev Revenue, 2.579%, 1/15/2030		150,000		133,070
Warsaw Industry Redevelopment District Tax Taxable Special Taxing District Series A, 4.750%, due 2/01/26		20,000		19,866
				770,976
Maryland - 0.46%
Baltimore MD, Brd of Sch Commissioners City Schs Revenue, 5.692%, due 12/15/25		100,000		101,426
Michigan - 0.78%
Michigan State Taxable School Loan Series A, 3.200%, due 5/15/27		177,500		172,931
Nebraska - 0.50%
Omaha NE Special Obligation Taxable Ref Riverfront, 6.400%, due 2/01/26		110,000		110,595
New York - 0.45%
New York St Dorm Auth Revenues, 5.289%, due 3/15/33		100,000		100,646
Ohio - 1.26%
Avon, OH, General Obligations Various Purpose Improvement Refunding Bonds, Series 2020, 0.955%, due 12/01/25		100,000		96,617
Bloom & Carroll Ohio Loc Sch Dist, 5.800%, due 12/01/25		60,000		60,746
Cleveland, OH Income Tax Revenue Build America Bonds, 6.060%, due 10/01/26		5,000		5,087
JobsOhio Beverage Sys Stwd Lien Liquor Profits Revenue Refunding Bonds, Series 2020A, 2.268%, due 01/01/28		125,000		117,588
				280,037
Oregon - 0.69%
Philomath, Oregon Sch District, 5.472%, due 6/15/27		150,000		153,537
Pennsylvania - 1.27%
East-Norriton-Plymouth-Whitpain Joint Sewer Authority, 1.832%, due 8/01/28		200,000		183,002
Pennsylvania Higher Educational Facs Authority Revenue, 3.000%, 6/15/25		100,000		99,186
				282,188
Texas - 0.68%
North Texas Tollway Authority, 8.410%, due 2/01/30		43,000		46,419
Somerset Hills Road Dist #4 Texas, 5.125%, due 8/15/34		105,000		105,486
				151,905
Washington - 12.52%
City of Bellevue, WA, 0.751%, 12/01/25		150,000		144,836
Total Municipal Bonds		(Cost $           2,894,007)		2,791,402
US Government Treasury - 8.01%
U.S. Government Treasury Bill, 3.875%, due 03/31/2025		500,000		499,019
U.S. Government Treasury Bill, 3.875%, due 08/15/33		750,000		733,037
U.S. Government Treasury Bill, 4.625%, due 02/28/25		550,000		550,097
				1,782,152
Total US Government Treasury		(Cost $            1,747,246)		1,782,152
Preferred Securities - 2.31%
Asset Management - 0.18%
B Riley Financial, Inc., 6.50%, due 09/30/26		3,000		40,200
National Commercial Banks - 1.66%
BAC Capital Trust XIII Series F, 6.071%, 03/15/43		100,000		80,888
Huntington Bancshares, Inc. Series G, 4.450%, to 10/15/2027		150,000		143,807
PNC Capital Trust C, 5.750%, due 06/01/2028		150,000		146,911
				371,605
State Commercial Banks - 0.47%
Medallion Bank Utah Series F, 8.000%, to 4/01/25 (a) (b)		4,000		103,990
Total Preferred Securities		(Cost $               571,750)		515,795
Structured Note - 1.78%  (5)
		Shares		Value
Security Brokers, Dealers & Flotation Companies - 1.77%
Goldman Sachs Group, Inc. Series MTN, 0.00%, Capped at 10% (4) (maturity date: 12/13/28)		100,000		81,031
Goldman Sachs Group, Inc., 0.00%, Capped at 10%  (4) (maturity date: 11/13/28)		120,000		103,800
Morgan Stanley, Series MTN, 0.000%, due 8/19/28 Capped at 10%  (4)		25,000		20,916
Morgan Stanley, Series MTN,  0.000%, due 8/30/28 Capped at 12%  (4)		114,000		93,144
National Commercial Banks
Key Corp., 5.49386%, due 07/01/2028 (3-month US Libor + 0.74%)		100,000		95,782
				394,672
Total Structured Note		(Cost $            428,305)		394,672
Money Market Registered Investment Companies - 14.92%
Federated Treasury Obligation Fund - Institutional Shares - 4.50% (4)		3,322,854		3,322,854
Total Money Market Registered Investment Companies		(Cost $           3,322,854)		3,322,854
Total Investments - 98.87%		(Cost $         22,559,924)		22,039,254
Other Assets Less Liabilities - 1.13%				250,994
Total Net Assets - 100.00%				22,290,248
(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 29, 2024 in valuing the Fund's assets carried at fair value:
		Investments in		Other Financial
Valuation Inputs		Securities		Instruments
Level 1 - Quoted Prices	$	4,487,463	$	-
Level 2 - Other Significant Observable Inputs		17,551,791		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	22,039,254	$	-
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.
(3) Exchange Traded Funds.
(4) Variable rate security; the coupon rate shown represents the yield at November 29, 2024.
(5) All Corporate Bonds, Municipal Bonds and Structured Notes are categorized as Level 2 of the fair value hierarchy. Refer to Note 3 of the accompanying notes to the financial statements for additional information.
(a) Security converts to floating rate after the indicated fixed-rate coupon period.
(b) Perpetual security. Perpetual securities have no stated maturity date, but they may be called/redeemed by the issuer.
ADR - American Depository Receipt
LIBOR- London Inter-Bank Offer Rate, which is an international interest rate benchmark that almost all banks use as reference to set their funding costs.