| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS | ||
| December 31, 2024 (Unaudited) | ||
| COMMON STOCKS - 90.0% | Shares | Value |
| Communications - 7.3% | ||
| Alphabet, Inc. - Class A | 5,700 | $ 1,079,010 |
| Alphabet, Inc. - Class C | 13,340 | 2,540,470 |
| Booking Holdings, Inc. | 250 | 1,242,105 |
| Meta Platforms, Inc. - Class A | 3,200 | 1,873,632 |
| Uber Technologies, Inc. (a) | 3,000 | 180,960 |
| 6,916,177 | ||
| Consumer Discretionary - 7.6% | ||
| Amazon.com, Inc. (a) | 11,800 | 2,588,802 |
| Coupang, Inc. (a) | 5,000 | 109,900 |
| Flutter Entertainment plc (a) | 250 | 64,612 |
| Home Depot, Inc. (The) | 3,000 | 1,166,970 |
| Lowe's Companies, Inc. | 2,500 | 617,000 |
| McDonald's Corporation | 5,000 | 1,449,450 |
| NVR, Inc. (a) | 40 | 327,156 |
| Tesla, Inc. (a) | 1,700 | 686,528 |
| Tractor Supply Company | 5,000 | 265,300 |
| 7,275,718 | ||
| Consumer Staples - 3.5% | ||
| Coca-Cola Company (The) | 3,500 | 217,910 |
| Procter & Gamble Company (The) | 4,000 | 670,600 |
| Walmart, Inc. | 27,500 | 2,484,625 |
| 3,373,135 | ||
| Energy - 3.2% | ||
| Cheniere Energy, Inc. | 4,000 | 859,480 |
| Kinder Morgan, Inc. | 20,000 | 548,000 |
| ONEOK, Inc. | 9,250 | 928,700 |
| Phillips 66 | 6,400 | 729,152 |
| 3,065,332 | ||
| Financials - 14.2% | ||
| Aflac, Inc. | 14,000 | 1,448,160 |
| Apollo Global Management, Inc. | 1,000 | 165,160 |
| Arch Capital Group Ltd. | 3,000 | 277,050 |
| Ares Management Corporation - Class A | 5,500 | 973,665 |
| Berkshire Hathaway, Inc. - Class B (a) | 1,600 | 725,248 |
| Blackstone, Inc. | 12,500 | 2,155,250 |
| Brookfield Corporation | 27,000 | 1,551,150 |
| CME Group, Inc. | 3,500 | 812,805 |
| Intercontinental Exchange, Inc. | 1,500 | 223,515 |
| JPMorgan Chase & Company | 19,500 | 4,674,345 |
| Marsh & McLennan Companies, Inc. | 2,500 | 531,025 |
| 13,537,373 | ||
| Health Care - 7.4% | ||
| Abbott Laboratories | 9,500 | 1,074,545 |
| AbbVie, Inc. | 11,500 | 2,043,550 |
| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| COMMON STOCKS - 90.0% (Continued) | Shares | Value |
| Health Care - 7.4% (Continued) | ||
| Bio-Techne Corporation | 23,000 | $ 1,656,690 |
| Danaher Corporation | 2,000 | 459,100 |
| Elevance Health, Inc. | 1,000 | 368,900 |
| GE HealthCare Technologies, Inc. | 5,500 | 429,990 |
| Pfizer, Inc. | 5,000 | 132,650 |
| Thermo Fisher Scientific, Inc. | 900 | 468,207 |
| Vertex Pharmaceuticals, Inc. (a) | 1,000 | 402,700 |
| 7,036,332 | ||
| Industrials - 11.2% | ||
| Eaton Corporation plc | 1,600 | 530,992 |
| Emerson Electric Company | 4,500 | 557,685 |
| General Dynamics Corporation | 3,700 | 974,913 |
| General Electric Company | 2,600 | 433,654 |
| Honeywell International, Inc. | 6,000 | 1,355,340 |
| Lockheed Martin Corporation | 3,500 | 1,700,790 |
| Parker-Hannifin Corporation | 1,300 | 826,839 |
| Quanta Services, Inc. | 4,000 | 1,264,200 |
| RTX Corporation | 14,000 | 1,620,080 |
| TE Connectivity plc | 9,000 | 1,286,730 |
| Veritiv Holdings Company - Class A | 1,000 | 113,610 |
| 10,664,833 | ||
| Materials - 1.8% | ||
| Cameco Corporation | 4,000 | 205,560 |
| Freeport-McMoRan, Inc. | 25,000 | 952,000 |
| Linde plc | 800 | 334,936 |
| Nucor Corporation | 1,000 | 116,710 |
| Sherwin-Williams Company (The) | 350 | 118,976 |
| 1,728,182 | ||
| Real Estate - 1.8% | ||
| Digital Realty Trust, Inc. | 1,000 | 177,330 |
| Mid-America Apartment Communities, Inc. | 9,800 | 1,514,786 |
| 1,692,116 | ||
| Technology - 30.6% | ||
| Accenture plc - Class A | 3,500 | 1,231,265 |
| Apple, Inc. | 11,900 | 2,979,998 |
| ARM Holdings plc - ADR (a) | 2,000 | 246,720 |
| ASML Holding N.V. | 850 | 589,118 |
| International Business Machines Corporation | 1,700 | 373,711 |
| Mastercard, Inc. - Class A | 2,000 | 1,053,140 |
| Microsoft Corporation | 8,500 | 3,582,750 |
| NVIDIA Corporation | 107,500 | 14,436,175 |
| Oracle Corporation | 2,000 | 333,280 |
| Palantir Technologies, Inc. - Class A (a) | 5,000 | 378,150 |
| Palo Alto Networks, Inc. (a) | 1,200 | 218,352 |
| PayPal Holdings, Inc. (a) | 5,000 | 426,750 |
| QUALCOMM, Inc. | 3,500 | 537,670 |
| THE GOVERNMENT STREET EQUITY FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| COMMON STOCKS - 90.0% (Continued) | Shares | Value |
| Technology - 30.6% (Continued) | ||
| Salesforce, Inc. | 500 | $ 167,165 |
| Texas Instruments, Inc. | 5,200 | 975,052 |
| Visa, Inc. - Class A | 5,000 | 1,580,200 |
| 29,109,496 | ||
| Utilities - 1.4% | ||
| Constellation Energy Corporation | 1,200 | 268,452 |
| WEC Energy Group, Inc. | 11,000 | 1,034,440 |
| 1,302,892 | ||
| Total Common Stocks (Cost $27,099,702) | $ 85,701,586 | |
| EXCHANGE-TRADED FUNDS - 5.5% | Shares | Value |
| Invesco S&P 500® Equal Weight ETF | 21,400 | $ 3,749,922 |
| Vanguard Value ETF | 9,000 | 1,523,700 |
| Total Exchange-Traded Funds (Cost $4,665,693) | $ 5,273,622 | |
| MONEY MARKET FUNDS - 4.5% | Shares | Value |
| Fidelity Institutional Money Market Government Portfolio - Class I, 4.38% (b) (Cost $4,315,586) | 4,315,586 | $ 4,315,586 |
| Total Investments at Value - 100.0% (Cost $36,080,981) | $ 95,290,794 | |
| Liabilities in Excess of Other Assets - (0.0%) (c) | (8,527) | |
| Net Assets - 100.0% | $ 95,282,267 | |
| ADR | - American Depositary Receipt. |
| (a) | Non-income producing security. |
| (b) | The rate shown is the 7-day effective yield as of December 31, 2024. |
| (c) | Percentage rounds to less than 0.1%. |
| THE GOVERNMENT STREET OPPORTUNITIES FUND | ||
| SCHEDULE OF INVESTMENTS | ||
| December 31, 2024 (Unaudited) | ||
| COMMON STOCKS - 83.5% | Shares | Value |
| Consumer Discretionary - 3.6% | ||
| CarMax, Inc. (a) | 2,000 | $ 163,520 |
| Coupang, Inc. (a) | 9,000 | 197,820 |
| Dick's Sporting Goods, Inc. | 1,700 | 389,028 |
| Gildan Activewear, Inc. | 10,000 | 470,500 |
| NVR, Inc. (a) | 15 | 122,684 |
| Service Corporation International | 13,000 | 1,037,660 |
| Toll Brothers, Inc. | 3,000 | 377,850 |
| 2,759,062 | ||
| Consumer Staples - 2.2% | ||
| Bunge Global S.A. | 3,500 | 272,160 |
| Celsius Holdings, Inc. (a) | 10,500 | 276,570 |
| Church & Dwight Company, Inc. | 9,000 | 942,390 |
| Kenvue, Inc. | 3,500 | 74,725 |
| Kroger Company (The) | 1,600 | 97,840 |
| 1,663,685 | ||
| Energy - 3.9% | ||
| ConocoPhillips | 6,375 | 632,209 |
| Devon Energy Corporation | 10,000 | 327,300 |
| Enphase Energy, Inc. (a) | 6,000 | 412,080 |
| ONEOK, Inc. | 5,725 | 574,790 |
| PBF Energy, Inc. - Class A | 13,000 | 345,150 |
| Targa Resources Corporation | 3,700 | 660,450 |
| Valaris Ltd. (a) | 1,000 | 44,240 |
| 2,996,219 | ||
| Financials - 19.8% | ||
| American Financial Group, Inc. | 8,600 | 1,177,598 |
| Ares Management Corporation - Class A | 7,200 | 1,274,616 |
| Arthur J. Gallagher & Company | 8,000 | 2,270,800 |
| Berkley (W.R.) Corporation | 25,143 | 1,471,368 |
| Brown & Brown, Inc. | 20,000 | 2,040,400 |
| CME Group, Inc. | 5,000 | 1,161,150 |
| Dave, Inc. (a) | 1,000 | 86,920 |
| Intercontinental Exchange, Inc. | 9,000 | 1,341,090 |
| Morgan Stanley | 9,565 | 1,202,512 |
| Nasdaq, Inc. | 23,000 | 1,778,130 |
| Old Republic International Corporation | 24,400 | 883,036 |
| United Bancorporation of Alabama, Inc. - Class A | 1,500 | 85,500 |
| Voya Financial, Inc. | 5,000 | 344,150 |
| 15,117,270 | ||
| Health Care - 8.8% | ||
| Bio-Rad Laboratories, Inc. - Class A (a) | 1,500 | 492,765 |
| Bio-Techne Corporation | 15,000 | 1,080,450 |
| Centene Corporation (a) | 4,000 | 242,320 |
| Charles River Laboratories International, Inc. (a) | 4,000 | 738,400 |
| THE GOVERNMENT STREET OPPORTUNITIES FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| COMMON STOCKS - 83.5% (Continued) | Shares | Value |
| Health Care - 8.8% (Continued) | ||
| Chemed Corporation | 2,000 | $ 1,059,600 |
| GE HealthCare Technologies, Inc. | 4,000 | 312,720 |
| Illumina, Inc. (a) | 1,000 | 133,630 |
| Labcorp Holdings, Inc. | 2,574 | 590,270 |
| Penumbra, Inc. (a) | 1,500 | 356,220 |
| ResMed, Inc. | 1,200 | 274,428 |
| Teleflex, Inc. | 3,950 | 703,021 |
| Waters Corporation (a) | 2,000 | 741,960 |
| 6,725,784 | ||
| Industrials - 14.7% | ||
| AeroVironment, Inc. (a) | 1,000 | 153,890 |
| Argan, Inc. | 2,000 | 274,080 |
| C.H. Robinson Worldwide, Inc. | 4,000 | 413,280 |
| Donaldson Company, Inc. | 13,000 | 875,550 |
| Expeditors International of Washington, Inc. | 8,000 | 886,160 |
| Fastenal Company | 18,000 | 1,294,380 |
| Graco, Inc. | 13,000 | 1,095,770 |
| Jacobs Solutions, Inc. | 8,475 | 1,132,429 |
| L3Harris Technologies, Inc. | 5,250 | 1,103,970 |
| MSC Industrial Direct Company, Inc. - Class A | 5,000 | 373,450 |
| nVent Electric plc | 4,200 | 286,272 |
| Pentair plc | 3,200 | 322,048 |
| Snap-on, Inc. | 1,000 | 339,480 |
| Waste Connections, Inc. | 10,500 | 1,801,590 |
| Woodward, Inc. | 5,000 | 832,100 |
| 11,184,449 | ||
| Materials - 7.5% | ||
| Ashland, Inc. | 6,000 | 428,760 |
| ATI, Inc. (a) | 2,200 | 121,088 |
| Cameco Corporation | 5,000 | 256,950 |
| Martin Marietta Materials, Inc. | 3,000 | 1,549,500 |
| Packaging Corporation of America | 6,000 | 1,350,780 |
| Ramaco Resources, Inc. - Class A | 4,000 | 41,040 |
| Ramaco Resources, Inc. - Class B | 55 | 546 |
| Steel Dynamics, Inc. | 14,000 | 1,596,980 |
| Valvoline, Inc. (a) | 10,236 | 370,338 |
| 5,715,982 | ||
| Real Estate - 3.2% | ||
| Digital Realty Trust, Inc. | 2,000 | 354,660 |
| Mid-America Apartment Communities, Inc. | 13,300 | 2,055,781 |
| 2,410,441 | ||
| Technology - 19.4% | ||
| Advanced Micro Devices, Inc. (a) | 1,964 | 237,232 |
| Amentum Holdings, Inc. (a) | 8,475 | 178,229 |
| Analog Devices, Inc. | 3,671 | 779,941 |
| ANSYS, Inc. (a) | 3,000 | 1,011,990 |
| THE GOVERNMENT STREET OPPORTUNITIES FUND | ||
| SCHEDULE OF INVESTMENTS (Continued) | ||
| COMMON STOCKS - 83.5% (Continued) | Shares | Value |
| Technology - 19.4% (Continued) | ||
| Arrow Electronics, Inc. (a) | 8,500 | $ 961,520 |
| Broadridge Financial Solutions, Inc. | 3,500 | 791,315 |
| InterDigital, Inc. | 1,400 | 271,208 |
| Lam Research Corporation | 10,750 | 776,472 |
| Microchip Technology, Inc. | 8,800 | 504,680 |
| NVIDIA Corporation | 64,500 | 8,661,705 |
| Palantir Technologies, Inc. - Class A (a) | 8,000 | 605,040 |
| 14,779,332 | ||
| Utilities - 0.4% | ||
| Constellation Energy Corporation | 1,000 | 223,710 |
| NRG Energy, Inc. | 650 | 58,643 |
| 282,353 | ||
| Total Common Stocks (Cost $17,514,852) | $ 63,634,577 | |
| EXCHANGE-TRADED FUNDS - 11.9% | Shares | Value |
| iShares Core S&P Mid-Cap ETF | 40,000 | $ 2,492,400 |
| SPDR S&P MidCap 400® ETF Trust | 7,000 | 3,987,060 |
| Vanguard U.S. Value Factor ETF | 21,500 | 2,545,118 |
| Total Exchange-Traded Funds (Cost $8,057,303) | $ 9,024,578 | |
| MONEY MARKET FUNDS - 4.6% | Shares | Value |
| Fidelity Institutional Money Market Government Portfolio - Class I, 4.38% (b) (Cost $3,478,516) | 3,478,516 | $ 3,478,516 |
| Total Investments at Value - 100.0% (Cost $29,050,671) | $ 76,137,671 | |
| Other Assets in Excess of Liabilities - 0.0% (c) | 34,465 | |
| Net Assets - 100.0% | $ 76,172,136 | |
| (a) | Non-income producing security. |
| (b) | The rate shown is the 7-day effective yield as of December 31, 2024. |
| (c) | Percentage rounds to less than 0.1%. |
