The Diplomat Fund
SCHEDULE OF INVESTMENTS
As of January 31, 2024 (Unaudited)
Principal Amount | Value | |||||||
U.S. TREASURY NOTES — 95.4% | ||||||||
$ | 3,632,100 | United States Treasury Note 2.750%, 8/15/20321 | $ | 3,318,123 | ||||
3,370,700 | 3.500%, 2/15/2033 | 3,256,019 | ||||||
836,000 | 3.375%, 5/15/2033 | 799,033 | ||||||
2,725,100 | 3.875%, 8/15/2033 | 2,708,921 | ||||||
676,000 | 4.500%, 11/15/2033 | 705,892 | ||||||
TOTAL U.S. TREASURY NOTES | 10,787,988 | |||||||
Number of Shares | ||||||||
SHORT-TERM INVESTMENTS — 2.9% | ||||||||
325,951 | Fidelity Investments Money Market Government Portfolio - Institutional Class 5.143%2 | 325,951 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $325,951) | 325,951 | |||||||
TOTAL INVESTMENTS — 98.3% (Cost $11,138,650) | 11,113,939 | |||||||
Other Assets in Excess of Liabilities — 1.7% | 197,013 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 11,310,952 |
1 | All or a portion of this security is segregated as collateral for securities sold short. The market value of the securities pledged as collateral was $385,063, which represents 3.4% of total net assets of the Fund. |
2 | The rate is the annualized seven-day yield at period end. |
The Diplomat Fund
SCHEDULE OF INVESTMENTS - Continued
As of January 31, 2024 (Unaudited)
FUTURES CONTRACTS
Value/ | |||||||||||||
Number of | Unrealized | ||||||||||||
Contracts | Expiration | Notional | Appreciation | ||||||||||
Long (Short) | Description | Date | Value | (Depreciation) | |||||||||
(162) | U.S. 10 Year Treasury Note | March 2024 | $ | (18,034,562 | ) | $ | (162,594 | ) | |||||
TOTAL FUTURES CONTRACTS | $ | (18,034,562 | ) | $ | (162,594 | ) |