| FUND | TICKER | FUND NAME | FUND NAME - CONT'd | CUSIP | DESCRIPTION SUMMARY | DESCRIPTION | COUNTRY | CURRENCY | SHARES | COST | VALUE | UNREALIZED |
| Modern Capital Tactical Opportunities | FAX | ABERDEEN ASIA | PACIFIC INCOME FUND | 003009107 | CLOSED-E | CLOSED-END FUND | USA | USD | 15,000.000 | 61,293.00 | 62,250.00 | 957.00 |
| Modern Capital Tactical Opportunities | AVK | Advent Convertible | and Income | 00764C109 | CLOSED-E | CLOSED-END FUND | USA | USD | 8,196.000 | 149,677.40 | 147,364.08 | (2,313.32) |
| Modern Capital Tactical Opportunities | IGR | CBRE Clarion Global | Real Estate Income F | 12504G100 | CLOSED-E | CLOSED-END FUND | USA | USD | 12,500.000 | 104,932.00 | 104,500.00 | (432.00) |
| Modern Capital Tactical Opportunities | CEE | Central and Eastern | Europe Fund Inc | 153436100 | CLOSED-E | CLOSED-END FUND | USA | USD | 2,000.000 | 55,863.06 | 57,740.00 | 1,876.94 |
| Modern Capital Tactical Opportunities | GGN | GAMCO GLOBAL GOLD | INCOME TRUST | 36465A109 | CLOSED-E | CLOSED-END FUND | USA | USD | 44,581.000 | 167,169.83 | 166,287.13 | (882.70) |
| Modern Capital Tactical Opportunities | GER | Goldman Sachs MLP | Energy and Renaissan | 38148G206 | CLOSED-E | CLOSED-END FUND | USA | USD | 6,091.000 | 65,417.34 | 65,539.16 | 121.82 |
| Modern Capital Tactical Opportunities | HGLB | HIGHLAND GLOBAL | ALLOCATION FUND | 43010T104 | CLOSED-E | CLOSED-END FUND | USA | USD | 22,968.000 | 207,068.08 | 208,779.12 | 1,711.04 |
| Modern Capital Tactical Opportunities | KMF | KAYNE ANDERSON MID= | STREAM/ENE | 48661E108 | CLOSED-E | CLOSED-END FUND | USA | USD | 35,000.000 | 256,873.00 | 254,800.00 | (2,073.00) |
| Modern Capital Tactical Opportunities | MXE | Mexico Equity & Inco | me Fund Inc/Fund | 592834105 | CLOSED-E | CLOSED-END FUND | USA | USD | 3,441.000 | 42,491.36 | 37,093.98 | (5,397.38) |
| Modern Capital Tactical Opportunities | EDD | Morgan Stanley Emerg | ing Markets Domestic | 617477104 | CLOSED-E | CLOSED-END FUND | USA | USD | 7,500.000 | 44,113.50 | 43,875.00 | (238.50) |
| Modern Capital Tactical Opportunities | NRO | Neuberger Berman | Real Estate | 64190A103 | CLOSED-E | CLOSED-END FUND | USA | USD | 11,928.000 | 57,811.85 | 57,254.40 | (557.45) |
| Modern Capital Tactical Opportunities | NML | Neuberger Berman MLP | & Energy Income Fund | 64129H104 | CLOSED-E | CLOSED-END FUND | USA | USD | 61,672.000 | 305,578.75 | 304,042.96 | (1,535.79) |
| Modern Capital Tactical Opportunities | NHF | NexPoint Strategic O | pportunities Fund | 65340G205 | CLOSED-E | CLOSED-END FUND | USA | USD | 23,509.000 | 337,409.82 | 327,010.19 | (10,399.63) |
| Modern Capital Tactical Opportunities | PVL | Permain Royalty | Trust | 71425H100 | CLOSED-E | CLOSED-END FUND | USA | USD | 98,437.000 | 189,166.44 | 188,999.04 | (167.40) |
| Modern Capital Tactical Opportunities | NRGX | PIMCO ENERGY AND | TACTICAL CREDIT OPP | 69346N107 | CLOSED-E | CLOSED-END FUND | USA | USD | 7,000.000 | 84,583.80 | 85,470.00 | 886.20 |
| Modern Capital Tactical Opportunities | PHK | PIMCO HIGH INCOME | FUND | 722014107 | CLOSED-E | CLOSED-END FUND | USA | USD | 55,501.000 | 358,893.04 | 348,546.28 | (10,346.76) |
| Modern Capital Tactical Opportunities | PFN | PIMCO Income | Strategy Fd II | 72201J104 | CLOSED-E | CLOSED-END FUND | USA | USD | 28,543.000 | 286,889.82 | 289,426.02 | 2,536.20 |
| Modern Capital Tactical Opportunities | RMRM | RMR MORTGAGE | TRUST | 76970B101 | CLOSED-E | CLOSED-END FUND | USA | USD | 35,212.000 | 380,030.59 | 363,035.72 | (16,994.87) |
| Modern Capital Tactical Opportunities | BRW | Saba Capital Income | & Opportunities Fund | 78518H103 | CLOSED-E | CLOSED-END FUND | USA | USD | 20,000.000 | 91,800.00 | 91,000.00 | (800.00) |
| Modern Capital Tactical Opportunities | SMM | Salient Midstream & | MLP Fund | 79471V105 | CLOSED-E | CLOSED-END FUND | USA | USD | 19,368.000 | 118,045.70 | 122,986.80 | 4,941.10 |
| Modern Capital Tactical Opportunities | SWZ | SWISS HELVETIA FUND | | 870875101 | CLOSED-E | CLOSED-END FUND | USA | USD | 6,169.000 | 60,596.90 | 56,631.42 | (3,965.48) |
| Modern Capital Tactical Opportunities | NTG | TORTOISE | MIDSTREAM | 89148B200 | CLOSED-E | CLOSED-END FUND | USA | USD | 1,600.000 | 46,256.00 | 46,192.00 | (64.00) |
| Modern Capital Tactical Opportunities | BBAR | BBVA ARGENTINA | SA-ADR | 058934100 | COMMSTCK | COMMON STOCK | ARS | USD | 12,793.000 | 50,030.04 | 49,764.77 | (265.27) |
| Modern Capital Tactical Opportunities | BRFS | BRF SA | | 10552T107 | COMMSTCK | COMMON STOCK | BRL | USD | 15,000.000 | 73,428.00 | 75,300.00 | 1,872.00 |
| Modern Capital Tactical Opportunities | DESP | Despegar.com Corp | | VGG273581030 | COMMSTCK | COMMON STOCK | VIR | USD | 5,000.000 | 57,807.00 | 60,150.00 | 2,343.00 |
| Modern Capital Tactical Opportunities | SUPV | Grupo Supervielle | S.A. | 40054A108 | COMMSTCK | COMMON STOCK | ARS | USD | 25,000.000 | 55,918.80 | 56,250.00 | 331.20 |
| Modern Capital Tactical Opportunities | KRP | Kimbell Royalty Part | ners LP | 49435R102 | COMMSTCK | COMMON STOCK | USA | USD | 12,499.000 | 163,516.09 | 176,610.87 | 13,094.78 |
| Modern Capital Tactical Opportunities | SBR | Sabine Royalty Trust | | 785688102 | COMMSTCK | COMMON STOCK | USA | USD | 2,000.000 | 81,763.40 | 85,660.00 | 3,896.60 |
| Modern Capital Tactical Opportunities | TGS | Transportadora de | Gas del Sur SA | 893870204 | COMMSTCK | COMMON STOCK | ARS | USD | 10,000.000 | 51,599.00 | 49,300.00 | (2,299.00) |
| Modern Capital Tactical Opportunities | TRMT | TREMONT MORTGAGE | TRUST | 894789106 | COMMSTCK | COMMON STOCK | USA | USD | 23,651.000 | 130,456.65 | 123,458.22 | (6,998.43) |
| Modern Capital Tactical Opportunities | VOC | Voc Energy Trust | | 91829B103 | COMMSTCK | COMMON STOCK | USA | USD | 33,772.000 | 152,315.27 | 155,013.48 | 2,698.21 |
| Modern Capital Tactical Opportunities | FLBR | Franklin FTSE Brazil | ETF | 35473P835 | ETF | EXCHANGE TRADED FUND | USA | USD | 3,000.000 | 64,003.00 | 60,070.50 | (3,932.50) |
| Modern Capital Tactical Opportunities | MVO | MV OIL TRUST | | 553859109 | GRANTOR | GRANTOR TRUST | USA | USD | 9,677.000 | 69,441.04 | 83,899.59 | 14,458.55 |
| Modern Capital Tactical Opportunities | PBT | Permian Basin Royalt | Trust | 714236106 | GRANTOR | GRANTOR TRUST | USA | USD | 20,000.000 | 107,426.45 | 114,600.00 | 7,173.55 |
| Modern Capital Tactical Opportunities | PRT | PermRock Royalty | Trust | 714254109 | GRANTOR | GRANTOR TRUST | USA | USD | 11,019.000 | 72,953.24 | 73,386.54 | 433.30 |
| Modern Capital Tactical Opportunities | SJT | San Juan | Royalty Trust | 798241105 | GRANTOR | GRANTOR TRUST | USA | USD | 73,102.000 | 357,467.71 | 369,896.12 | 12,428.41 |
| Modern Capital Tactical Opportunities | BSM | BLACK STONE MINERALS | | 09225M101 | MLP | LIMITED PARTNERSHIP | USA | USD | 6,000.000 | 68,460.00 | 72,300.00 | 3,840.00 |
| Modern Capital Tactical Opportunities | GOIXX | Federated Government | Obligations Fund | 60934N104 | MONEYMKT | MONEY MARKET | USA | USD | 2,606,602.800 | 2,606,602.80 | 2,606,602.80 | - |
