Monachil Credit Income Fund NPORTP (Sep 2024 report)

Monachil Credit Income Fund

Consolidated Schedule of Investments

As of September 30, 2024 (Unaudited)

Principal
Amount			Value
		ASSET-BACKED SECURITIES — 12.5%
		Auxilior Term Funding LLC
	200,000	Series 2023-1A, Class E, 10.970%, 12/15/2032^1,2	$	207,879
		Bank of America Auto Trust
	69,953	Series 2023-1A, Class A2, 5.830%, 5/15/2026^1,2		70,095
		CarMax Auto Owner Trust
	5,000	Series 2021-2, Class A4, 0.810%, 12/15/2026²		4,899
		Carvana Auto Receivables Trust
	86,232	Series 2021-P1, Class A4, 0.860%, 1/11/2027²		84,967
	61,712	Series 2023-P5, Class A2, 5.770%, 4/12/2027^1,2		61,911
	833	Series 2024-P1, Class A2, 5.500%, 8/10/2027^1,2		835
	1,000	Series 2023-P4, Class C, 6.550%, 12/10/2029^1,2		1,056
	1,000	Series 2024-P1, Class C, 5.570%, 7/10/2030^1,2		1,031
	1,000	Series 2024-P1, Class D, 6.250%, 3/10/2031^1,2		1,041
		CNH Equipment Trust
	124,935	Series 2023-B, Class A2, 5.900%, 2/16/2027²		125,492
		CP EF Asset Securitization II LLC
	100,000	Series 2023-1X, Class C, 7.560%, 3/15/2032²		97,305
		DLLAA LLC
	120,712	Series 2023-1X, Class A2, 5.930%, 7/20/2026²		121,353
		DT Auto Owner Trust
	176,213	Series 2023-3A, Class A, 6.290%, 8/16/2027^1,2		177,014
		Enterprise Fleet Financing LLC
	6,392	Series 2021-2, Class A2, 0.480%, 5/20/2027^1,2		6,362
	15,688	Series 2021-3, Class A2, 0.770%, 8/20/2027^1,2		15,574
		Foundation Finance Trust
	90,813	Series 2023-1X, Class D, 9.180%, 12/15/2043²		95,383
		GLS Auto Receivables Trust
	68,017	Series 2023-2X, Class A2, 5.700%, 1/15/2027²		68,106
	100,000	Series 2023-2X, Class D, 6.310%, 3/15/2029²		102,663
		GM Financial Consumer Automobile Receivables Trust
	11,177	Series 2021-2, Class A3, 0.510%, 4/16/2026²		11,120
	44,017	Series 2021-4, Class A3, 0.680%, 9/16/2026²		43,370
		Goodleap Sustainable Home Solutions Trust
	97,313	Series 2023-4CX, Class B, 7.970%, 3/20/2057²		101,266
		Lendmark Funding Trust
	500,000	Series 2023-1X, Class D, 8.690%, 5/20/2033²		507,574
		Lunar Aircraft, Ltd.
	175,523	Series 2020-1A, Class A, 3.376%, 2/15/2045^1,2		168,333
		Mercedes-Benz Auto Receivables Trust
	33,230	Series 2021-1, Class A3, 0.460%, 6/15/2026²		32,845
		MetroNet Infrastructure Issuer LLC
	25,000	Series 2023-1X, Class A2, 6.560%, 4/20/2053²		25,999
	25,000	Series 2023-1X, Class B, 8.010%, 4/20/2053²		26,182

Monachil Credit Income Fund

Consolidated Schedule of Investments - Continued

As of September 30, 2024 (Unaudited)

Principal
Amount			Value
		ASSET-BACKED SECURITIES (Continued)
		OneMain Financial Issuance Trust
	100,000	Series 2023-2X, Class D, 7.520%, 9/15/2036²	$	105,561
		Upstart Securitization Trust
	88,980	Series 2023-2X, Class A, 6.770%, 6/20/2033²		89,417
	250,000	Series 2023-2X, Class B, 7.920%, 6/20/2033²		254,037
		TOTAL ASSET-BACKED SECURITIES
		(Cost $2,543,734)		2,608,670

		BANK LOANS—0.2%
		SkyMiles IP Ltd
	42,190	8.558%, 10/20/2027^2,4		43,023
		TOTAL BANK LOANS
		(Cost $43,657)		43,023

		BILATERAL LOANS—43.8%
		NH Cash Investment
	2,645,000	21.840%, 10/18/2027³		2,645,000
		TOTAL BILATERAL LOANS
		(Cost $2,545,000)		2,645,000

		CONSUMER LOAN POOLS—12.6%
		IDA Acceptance 360 LLC
	4,044,942	2.020%, 3/21/2034³		3,343,310
		Innovate Master Trust Series 2023-1
	2,307,996	3.894%, 11/7/2036³		1,447,066
		Stratus Financial, LLC
	4,370,968	17.749%, 8/6/2034³		4,370,968
		TOTAL CONSUMER LOAN POOLS
		(Cost $9,212,095)		9,161,344

		COLLATERALIZED LOAN OBLIGATIONS — 15.3%
		Barrow Hanley CLO II, Ltd.
	250,000	Series 2023-2X, Class C, 8.782% (3-Month Term SOFR+350 basis points), 10/20/2035^2,4		254,640
	250,000	Series 2023-2X, Class E, 13.652% (3-Month Term SOFR+837 basis points), 10/20/2035^2,4		252,741
		BCC Middle Market CLO
	250,000	Series 2023-1A, Class D, 11.932% (3-Month Term SOFR+665 basis points), 7/20/2035^1,2,4		254,012
	250,000	Series 2023-1A, Class E, 15.122% (3-Month Term SOFR+984 basis points), 7/20/2035^1,2,4		254,041
		Canyon Capital CLO, Ltd.
	250,000	Series 2023-1X, Class E, 13.281% (3-Month Term SOFR+798 basis points), 10/15/2036^2,4		260,492
		Carlyle US CLO, Ltd.
	250,000	Series 2023-2X, Class D1, 10.282% (3-Month Term SOFR+500 basis points), 7/20/2036^2,4		259,897
		CIFC-LBC Middle Market CLO LLC
	250,000	Series 2023-1I, Class C, 9.582% (3-Month Term SOFR+430 basis points), 10/20/2035^2,4		251,236
	500,000	Series 2023-1I, Class D, 11.782% (3-Month Term SOFR+650 basis points), 10/20/2035^2,4		507,741

Monachil Credit Income Fund

Consolidated Schedule of Investments - Continued

As of September 30, 2024 (Unaudited)

Principal
Amount			Value
		COLLATERALIZED LOAN OBLIGATIONS (Continued)
	250,000	Series 2023-1I, Class E, 14.582% (3-Month Term SOFR+930 basis points), 10/20/2035^2,4	$	253,307
		Fortress Credit BSL Limited
	250,000	Series 2023-2X, Class D, 11.553% (3-Month Term SOFR+627 basis points), 7/24/2036^2,4		258,308
		Man US CLO, Ltd.
	250,000	Series 2023-1A, Class D, 11.132% (3-Month Term SOFR+585 basis points), 7/20/2035^1,2,4		257,861
		New Mountain Guardian IV Rated
	137,500	Series 2023-1A, Class A2, 9.603% (3-Month Term SOFR+450 basis points), 8/22/2036^1,2,3,4		137,500
		TOTAL COLLATERALIZED LOAN OBLIGATIONS
		(Cost $3,112,500)		3,201,776

		CORPORATE BONDS — 0.0%
		INVESTMENT COMPANIES — 0.0%
		Ares Capital Corp
	1,000	3.250%, 7/15/2025²		985
		Blackstone Private Credit Fund
	1,000	2.350%, 11/22/2024		995
		Sixth Street Specialty Lending, Inc.
	1,000	3.875%, 11/1/2024²		999
				2,979
		TOTAL CORPORATE BONDS
		(Cost $2,965)		2,979

		U.S. TREASURY BILL — 7.4%
		United States Treasury Bill
	1,550,000	4.99%, 10/3/2024		1,549,600

		U.S. TREASURY BILL
		(Cost $1,549,570)		1,549,600

		TOTAL INVESTMENTS — 91.8%
		(Cost $19,109,521)		19,212,392

		Assets in Excess of Other Liabilities⁶ — 8.2%		1,717,641
		TOTAL NET ASSETS — 100.0%	$	20,930,033

LLC — Limited Liability Company

US — United States

SOFR — Secured Overnight Financing Rate

¹Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities are restricted and may be resold in transactions exempt from registration normally to qualified institutional buyers. The total value of these securities is $1,614,545, which represents 7.7% of the total net assets of the Fund.

²Callable.

³The value of these securities was determined using significant unobservable inputs. These are reported as level 3 securities in the Fair Value Hierarchy.

⁴Floating rate security, upon which the interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

⁵ Variable rate security. Rate shown is the rate in effect as of period end.

⁶ Includes Cash, Cash equivalents, Dividends and interest, and Total liabilities.

Monachil Credit Income Fund

CONSOLIDATED SCHEDULE OF INVESTMENTS - (Unaudited)(Continued)

As of September 30, 2024

FUTURES CONTRACTS

											Unrealized
	Expiration	Number of			Notional			Value at			Appreciation
Contracts	Date	Contracts			Value			September 30, 2024			(Depreciation)
Equity Futures
Long Contracts
CBOE VIX Index	December 19, 2024		1		$	16,853		$	17,993		$	1,141
Total Long Contracts						16,853			17,993			1,141

Short Contracts
CBOE IBOXX Ishares	December 3, 2024		(33	)		(5,376,423	)		(5,459,850	)		(83,427	)
Total Short Contracts						(5,376,423	)		(5,459,850	)		(83,427	)

TOTAL FUTURES CONTRACTS					$	(5,359,571	)	$	(5,441,857	)	$	(82,286	)

Monachil Credit Income Fund NPORT-PMonachil Credit Income Fund (Sep 2024 report)