MONARCH AMBASSADOR INCOME ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
November 30, 2023 | |||||||
Shares | Fair Value | ||||||
EXCHANGE-TRADED FUNDS — 100.0% | |||||||
COMMODITY - 6.2% | |||||||
97,709 | iShares Gold Trust(a) | $ 3,765,705 | |||||
FIXED INCOME - 93.8% | |||||||
146,780 | Invesco Taxable Municipal Bond ETF | 3,794,263 | |||||
81,654 | iShares 1-3 Year Treasury Bond ETF | 6,667,049 | |||||
42,204 | iShares 20+ Year Treasury Bond ETF | 3,864,198 | |||||
88,885 | iShares 7-10 Year Treasury Bond ETF | 8,302,748 | |||||
78,489 | iShares Core U.S. Aggregate Bond ETF | 7,555,351 | |||||
94,196 | iShares iBoxx $ Investment Grade Corporate Bond ETF | 10,012,093 | |||||
125,348 | iShares MBS ETF | 11,387,866 | |||||
55,950 | SPDR Bloomberg Convertible Securities ETF | 3,825,861 | |||||
50,206 | SPDR Portfolio Short Term Corporate Bond ETF | 1,487,604 | |||||
56,897,033 | |||||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $59,970,711) | 60,662,738 | ||||||
TOTAL INVESTMENTS - 100.0% (Cost $59,970,711) | $ 60,662,738 | ||||||
LIABILITIES IN EXCESS OF OTHER ASSETS – (0.0)% (b) | (3,814) | ||||||
NET ASSETS - 100.0% | $ 60,658,924 | ||||||
ETF | - Exchange-Traded Fund |
SPDR | - Standard & Poor's Depositary Receipt |
(a) | Non-income producing security. |
(b) | Percentage rounds to less than 0.1%. |