The Finite Solar Finance Fund
SCHEDULE OF INVESTMENTS (Unaudited)
June 30, 2023
Principal Amount ($) | Spread | Coupon Rate (%) | Maturity | Fair Value | ||||||||||||
600,000 | PRIVATE FINANCING - 31.3% SOLAR DEVELOPMENT - 28.8% Azimuth Renewables, LLC (a) (b) | 15.000 |
1/24/2024 | 600,000 | ||||||||||||
275,000 | WayPoint Partners, LLC (a) (c) | SOFR6MTH + 7.0% | 11.670 | 7/31/2023 | 275,000 | |||||||||||
875,000 | ||||||||||||||||
75,000 | FINANCIAL - 2.5% OtoPilot, LLC (a) (c) |
SOFR6MTH + 8.0% | 12.710 |
11/30/2023 | 75,000 | |||||||||||
TOTAL PRIVATE FINANCING - (Cost $950,000) | 950,000 | |||||||||||||||
Principal Amount ($) |
Coupon Rate (%) |
Maturity |
Fair Value | |||||||||||||
250,000 | U.S. GOVERNMENT & AGENCIES - 8.0% NATIONAL GOVERNMENT - 8.0% United States Treasury Note | 2.500 |
4/30/2024 | 244,043 | ||||||||||||
TOTAL U.S. GOVERNMENT & AGENCIES - (Cost $248,881) | 244,043 | |||||||||||||||
TOTAL INVESTMENTS - 39.3% - (Cost $1,198,881) | 1,194,043 | |||||||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 60.7% | 1,840,295 | |||||||||||||||
NET ASSETS - - 100.0% | $ | 3,034,338 |
(a) | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of March 31, 2023, the total market value of 144A securities is $950,000 or 31.3% of net assets. | |
(b) | Fixed rate Asset. | |
(c) | Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. |