OCM GOLD FUND
Schedule of Investments - February 28, 2021
(Unaudited)
Shares | Value | |||||||||||
Common Stocks | 96.2 | % | ||||||||||
Major Gold Producers | 22.8 | % | ||||||||||
80,000 | Agnico Eagle Mines Ltd. | $ | 4,469,600 | |||||||||
155,000 | AngloGold Ashanti Ltd. ADR | 3,093,800 | ||||||||||
200,000 | Barrick Gold Corp. | 3,734,000 | ||||||||||
75,000 | Kinross Gold Corp. | 467,250 | ||||||||||
35,000 | Kirkland Lake Gold Ltd. | 1,145,550 | ||||||||||
65,000 | Newmont Corp. | 3,534,700 | ||||||||||
16,444,900 | ||||||||||||
Intermediate/Mid-Tier Gold Producers | 19.6 | % | ||||||||||
325,000 | Alamos Gold, Inc. | 2,307,500 | ||||||||||
300,000 | B2Gold Corp. | 1,305,988 | ||||||||||
100,000 | Centerra Gold, Inc. | 970,454 | ||||||||||
125,000 | Endeavour Mining Corp. | 2,407,473 | ||||||||||
600,000 | IAMGOLD Corp.* | 1,782,000 | ||||||||||
50,000 | Northern Star Resources Ltd. | 392,813 | ||||||||||
500,000 | OceanaGold Corp.* | 722,929 | ||||||||||
25,000 | Pan American Silver Corp. | 825,500 | ||||||||||
500,000 | Resolute Mining Ltd.* | 248,153 | ||||||||||
154,840 | SSR Mining, Inc.* | 2,197,180 | ||||||||||
80,000 | Torex Gold Resources, Inc.* | 969,354 | ||||||||||
14,129,344 | ||||||||||||
Junior Gold Producers | 28.0 | % | ||||||||||
450,000 | Argonaut Gold, Inc.* | 724,894 | ||||||||||
200,000 | Calibre Mining Corp.* | 242,024 | ||||||||||
250,000 | Dundee Precious Metals, Inc. | 1,553,905 | ||||||||||
150,000 | Fortuna Silver Mines, Inc.* | 1,128,006 | ||||||||||
250,000 | Galiano Gold, Inc.* | 285,000 | ||||||||||
1,399,950 | Jaguar Mining, Inc. | 8,899,572 | ||||||||||
175,000 | K92 Mining, Inc.* | 874,587 | ||||||||||
1,000,000 | Perseus Mining Ltd.* | 896,430 | ||||||||||
550,000 | Roxgold, Inc.* | 596,417 | ||||||||||
3,500,000 | Superior Gold, Inc.* | 1,650,165 | ||||||||||
500,000 | Wesdome Gold Mines Ltd.* | 3,359,265 | ||||||||||
20,210,265 | ||||||||||||
Exploration and Development Companies | 12.3 | % | ||||||||||
255,128 | Adriatic Metals PLC* | 422,072 | ||||||||||
298,300 | Adventus Mining Corp.* | 210,962 | ||||||||||
75,000 | Augusta Gold Corp.* | 172,500 | ||||||||||
1,375,000 | Emerald Resources N.L.* | 846,414 | ||||||||||
1,282,000 | Euro Sun Mining, Inc.* | 337,474 |
Shares | Value | |||||||||||
200,000 | Galway Metals, Inc.* | $ | 150,872 | |||||||||
1,000,000 | GR Silver Mining Ltd.* | 557,913 | ||||||||||
3,500,000 | Horizon Minerals Ltd.* | 266,621 | ||||||||||
123,880 | Integra Resources Corp.* | 408,845 | ||||||||||
775,000 | Liberty Gold Corp.* | 943,934 | ||||||||||
1,000,000 | Maritime Resources Corp.* | 98,224 | ||||||||||
2,000,000 | Matador Mining Ltd.* | 469,375 | ||||||||||
245,000 | Montage Gold Corp.* | 154,015 | ||||||||||
101,300 | New Found Gold Corp.* | 274,623 | ||||||||||
400,000 | Orca Gold, Inc.* | 194,877 | ||||||||||
500,000 | Orezone Gold Corp.* | 392,896 | ||||||||||
400,000 | Paramount Gold Nevada Corp.* | 416,000 | ||||||||||
3,000,000 | Royal Road Minerals Ltd.* | 895,804 | ||||||||||
4,578,755 | RTG Mining, Inc.* | 669,409 | ||||||||||
200,000 | Sun Peak Metals Corp.* | 58,149 | ||||||||||
2,512,040 | Sutter Gold Mining, Inc.*,# | — | ||||||||||
1,210,500 | Tajiri Resources Corp.* | 85,608 | ||||||||||
604,500 | Talisker Resources Ltd.* | 140,129 | ||||||||||
1,595,000 | Thor Explorations Ltd.* | 263,201 | ||||||||||
530,000 | West Vault Mining, Inc.* | 470,611 | ||||||||||
8,900,528 | ||||||||||||
Royalty/Streaming Companies | 8.4 | % | ||||||||||
70,000 | Maverix Metals, Inc. | 337,400 | ||||||||||
100,000 | Osisko Gold Royalties Ltd. | 999,000 | ||||||||||
6,500 | Royal Gold, Inc. | 674,115 | ||||||||||
75,000 | Sandstorm Gold Ltd.* | 453,750 | ||||||||||
100,000 | Wheaton Precious Metals Corp. | 3,576,929 | ||||||||||
6,041,194 | ||||||||||||
Primary Silver Producers | 5.1 | % | ||||||||||
797,000 | Aya Gold & Silver, Inc.* | 2,987,341 | ||||||||||
100,000 | Hecla Mining Co. | 653,000 | ||||||||||
3,640,341 | ||||||||||||
Total Common Stocks | ||||||||||||
(Cost $36,300,694) | 69,366,572 | |||||||||||
Warrants | 0.6 | % | ||||||||||
Exploration and Development Companies | 0.0 | % | ||||||||||
641,000 | Euro Sun Mining, Inc. Exercise Price 0.55 CAD, Exp. 6/5/2023* | — | ||||||||||
— | ||||||||||||
Primary Silver Producers | 0.6 | % | ||||||||||
350,000 | Aya Gold & Silver, Inc. Exercise Price 3.30 CAD, Exp. 9/3/2023* | 404,291 | ||||||||||
404,291 | ||||||||||||
Total Warrants | ||||||||||||
(Cost $0) | 404,291 |
Shares | Value | |||||||||||
Short-Term Investment | 3.9 | % | ||||||||||
2,824,906 | UMB Money Market Fiduciary, 0.01%* | $ | 2,824,906 | |||||||||
Total Short-Term Investment | ||||||||||||
(Cost $2,824,906) | 2,824,906 | |||||||||||
Total Investments | 100.7 | % | ||||||||||
(Cost $39,125,600) | 72,595,769 | |||||||||||
Liabilities less Other Assets | (0.7 | )% | (476,166) | �� | ||||||||
TOTAL NET ASSETS | 100.0 | % | $ | 72,119,603 |
ADR – American Depository Receipt
PLC – Public Limited Company
CAD – Canadian Dollars
* | Non-income producing security. |
# | Level 3 security fair valued under procedures established by the Board of Trustees, represents 0.00% of Net Assets. The total value of this security is $0. |