CCM Affordable Housing MBS ETF
Schedule of Investments September 30, 2024 (Unaudited)
Principal Amount | Value | |||||||
MORTGAGE-BACKED SECURITIES - 97.67% | ||||||||
Agency Mortgage-Backed Obligations - 97.67% | ||||||||
FHLMC | ||||||||
7.00%, 11/01/2053 | $ | 206,473 | $ | 217,653 | ||||
6.50%, 11/01/2053 | 516,447 | 539,221 | ||||||
6.50%, 12/01/2053 | 600,176 | 623,885 | ||||||
6.50%, 02/01/2054 | 287,310 | 296,167 | ||||||
6.50%, 08/01/2054 | 335,737 | 346,088 | ||||||
6.00%, 11/01/2052 | 299,711 | 308,993 | ||||||
6.00%, 01/01/2053 | 180,281 | 186,156 | ||||||
6.00%, 02/01/2053 | 65,558 | 67,484 | ||||||
6.00%, 04/01/2053 | 72,296 | 74,352 | ||||||
6.00%, 06/01/2053 | 161,917 | 168,741 | ||||||
6.00%, 11/01/2053 | 923,150 | 943,766 | ||||||
6.00%, 11/01/2053 | 338,079 | 352,208 | ||||||
6.00%, 12/01/2053 | 234,829 | 241,764 | ||||||
6.00%, 08/01/2054 | 99,716 | 101,923 | ||||||
5.50%, 11/01/2052 | 95,334 | 97,107 | ||||||
5.50%, 01/01/2053 | 181,905 | 186,000 | ||||||
5.50%, 03/01/2053 | 135,278 | 137,792 | ||||||
5.50%, 05/01/2053 | 169,156 | 172,057 | ||||||
5.50%, 06/01/2053 | 145,427 | 149,571 | ||||||
5.50%, 09/01/2053 | 170,492 | 173,550 | ||||||
5.50%, 11/01/2053 | 346,761 | 351,080 | ||||||
5.00%, 01/01/2053 | 355,508 | 358,578 | ||||||
5.00%, 02/01/2053 | 358,204 | 358,628 | ||||||
5.00%, 04/01/2053 | 201,593 | 202,961 | ||||||
5.00%, 04/01/2053 | 97,674 | 99,062 | ||||||
5.00%, 05/01/2053 | 268,333 | 269,266 | ||||||
5.00%, 09/01/2053 | 149,428 | 150,662 | ||||||
5.00%, 09/01/2054 | 99,885 | 99,957 | ||||||
4.50%, 09/01/2052 | 392,746 | 386,563 | ||||||
4.50%, 11/01/2052 | 469,230 | 461,801 | ||||||
4.50%, 12/01/2052 | 242,982 | 239,323 | ||||||
4.50%, 04/01/2053 | 96,003 | 94,490 | ||||||
4.50%, 05/01/2053 | 117,315 | 116,138 | ||||||
4.00%, 10/01/2037 | 215,915 | 214,343 | ||||||
4.00%, 05/01/2052 | 96,307 | 92,940 | ||||||
4.00%, 09/01/2052 | 152,167 | 146,969 | ||||||
4.00%, 11/01/2052 | 131,578 | 126,921 | ||||||
3.50%, 04/01/2052 | 51,095 | 48,318 | ||||||
3.50%, 04/01/2052 | 609,530 | 568,754 | ||||||
3.50%, 05/01/2052 | 974,367 | 908,853 | ||||||
3.50%, 05/01/2052 | 422,723 | 394,376 | ||||||
3.00%, 09/01/2034 | 404,245 | 391,093 | ||||||
3.00%, 10/01/2037 | 386,006 | 370,080 | ||||||
3.00%, 11/01/2037 | 83,195 | 79,763 | ||||||
3.00%, 03/01/2052 | 114,936 | 103,626 | ||||||
3.00%, 04/01/2052 | 170,666 | 153,600 | ||||||
3.00%, 04/01/2052 | 316,664 | 285,689 | ||||||
3.00%, 04/01/2052 | 330,808 | 302,159 | ||||||
3.00%, 05/01/2052 | 121,597 | 110,829 | ||||||
3.00%, 08/01/2052 | 9,912,361 | 8,927,395 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments September 30, 2024 (Unaudited)
| Principal Amount | Value | ||||||
MORTGAGE-BACKED SECURITIES — continued | ||||||||
2.50%, 08/01/2051 | $ | 1,691,189 | $ | 1,476,442 | ||||
2.50%, 09/01/2051 | 782,076 | 682,707 | ||||||
2.50%, 10/01/2051 | 73,879 | 64,649 | ||||||
2.50%, 10/01/2051 | 442,079 | 386,851 | ||||||
2.50%, 11/01/2051 | 526,240 | 459,025 | ||||||
2.50%, 12/01/2051 | 602,797 | 524,914 | ||||||
2.50%, 02/01/2052 | 129,635 | 113,202 | ||||||
2.00%, 08/01/2036 | 940,302 | 862,886 | ||||||
2.00%, 09/01/2036 | 722,437 | 662,179 | ||||||
2.00%, 11/01/2036 | 506,975 | 467,268 | ||||||
2.00%, 08/01/2051 | 1,799,741 | 1,503,289 | ||||||
2.00%, 09/01/2051 | 2,328,029 | 1,944,565 | ||||||
2.00%, 09/01/2051 | 291,143 | 241,481 | ||||||
2.00%, 10/01/2051 | 592,395 | 491,313 | ||||||
2.00%, 10/01/2051 | 473,120 | 397,466 | ||||||
2.00%, 10/01/2051 | 1,218,487 | 1,019,998 | ||||||
2.00%, 11/01/2051 | 484,032 | 405,003 | ||||||
2.00%, 12/01/2051 | 338,678 | 285,158 | ||||||
2.00%, 12/01/2051 | 945,125 | 786,035 | ||||||
2.00%, 01/01/2052 | 3,827,270 | 3,164,356 | ||||||
1.50%, 08/01/2036 | 359,603 | 321,761 | ||||||
FNMA | ||||||||
7.50%, 12/01/2053 | 170,668 | 180,234 | ||||||
7.00%, 11/01/2053 | 50,485 | 53,306 | ||||||
7.00%, 01/01/2054 | 624,895 | 662,083 | ||||||
7.00%, 02/01/2054 | 90,791 | 94,727 | ||||||
7.00%, 05/01/2054 | 210,890 | 221,337 | ||||||
6.50%, 10/01/2053 | 50,909 | 53,449 | ||||||
6.50%, 11/01/2053 | 649,221 | 673,662 | ||||||
6.50%, 12/01/2053 | 747,230 | 774,489 | ||||||
6.50%, 05/01/2054 | 153,783 | 161,552 | ||||||
6.50%, 06/01/2054 | 638,885 | 660,264 | ||||||
6.50%, 09/01/2054 | 109,885 | 113,947 | ||||||
6.00%, 11/01/2052 | 88,112 | 90,369 | ||||||
6.00%, 02/01/2053 | 154,037 | 159,196 | ||||||
6.00%, 06/01/2053 | 90,444 | 92,682 | ||||||
6.00%, 09/01/2053 | 373,947 | 388,697 | ||||||
6.00%, 10/01/2053 | 225,758 | 232,593 | ||||||
6.00%, 11/01/2053 | 689,535 | 711,838 | ||||||
6.00%, 12/01/2053 | 1,971,417 | 2,029,740 | ||||||
6.00%, 01/01/2054 | 939,891 | 970,191 | ||||||
6.00%, 03/01/2054 | 244,379 | 251,477 | ||||||
6.00%, 05/01/2054 | 415,338 | 425,147 | ||||||
6.00%, 05/01/2054 | 261,523 | 269,110 | ||||||
6.00%, 07/01/2054 | 256,776 | 264,324 | ||||||
6.00%, 08/01/2054 | 234,012 | 239,934 | ||||||
6.00%, 09/01/2054 | 523,632 | 536,142 | ||||||
5.50%, 11/01/2052 | 559,142 | 567,083 | ||||||
5.50%, 04/01/2053 | 116,258 | 118,819 | ||||||
5.50%, 06/01/2053 | 174,570 | 178,076 | ||||||
5.50%, 08/01/2053 | 546,125 | 553,040 | ||||||
5.50%, 09/01/2053 | 411,816 | 420,080 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments September 30, 2024 (Unaudited)
| Principal Amount | Value | ||||||
MORTGAGE-BACKED SECURITIES — continued | ||||||||
5.50%, 10/01/2053 | $ | 977,753 | $ | 989,994 | ||||
5.50%, 10/01/2053 | 831,989 | 846,266 | ||||||
5.50%, 11/01/2053 | 1,807,024 | 1,829,879 | ||||||
5.50%, 12/01/2053 | 1,588,961 | 1,608,447 | ||||||
5.50%, 04/01/2054 | 290,964 | 295,643 | ||||||
5.50%, 05/01/2054 | 391,784 | 398,065 | ||||||
5.50%, 06/01/2054 | 226,095 | 229,379 | ||||||
5.50%, 08/01/2054 | 93,649 | 94,887 | ||||||
5.50%, 09/01/2054 | 397,671 | 403,959 | ||||||
5.00%, 12/01/2052 | 518,017 | 519,542 | ||||||
5.00%, 12/01/2052 | 199,354 | 200,262 | ||||||
5.00%, 01/01/2053 | 275,432 | 275,670 | ||||||
5.00%, 02/01/2053 | 203,778 | 204,018 | ||||||
5.00%, 05/01/2053 | 97,436 | 98,278 | ||||||
5.00%, 06/01/2053 | 121,746 | 121,781 | ||||||
5.00%, 10/01/2053 | 170,832 | 170,736 | ||||||
5.00%, 10/01/2053 | 419,299 | 419,064 | ||||||
5.00%, 11/01/2053 | 2,070,639 | 2,069,322 | ||||||
5.00%, 12/01/2053 | 2,458,392 | 2,456,823 | ||||||
5.00%, 05/01/2054 | 99,338 | 99,413 | ||||||
5.00%, 09/01/2054 | 119,919 | 120,206 | ||||||
4.50%, 11/01/2052 | 98,025 | 96,503 | ||||||
4.50%, 12/01/2052 | 178,070 | 175,267 | ||||||
4.50%, 05/01/2053 | 118,831 | 116,862 | ||||||
4.50%, 06/01/2053 | 984,221 | 967,912 | ||||||
4.50%, 06/01/2053 | 208,187 | 205,102 | ||||||
4.50%, 07/01/2053 | 1,201,307 | 1,182,016 | ||||||
4.50%, 09/01/2053 | 2,949,862 | 2,900,068 | ||||||
4.00%, 03/01/2049 | 6,034 | 5,870 | ||||||
4.00%, 07/01/2049 | 76,501 | 75,143 | ||||||
4.00%, 05/01/2052 | 221,565 | 216,027 | ||||||
4.00%, 05/01/2052 | 168,068 | 164,044 | ||||||
4.00%, 05/01/2052 | 547,264 | 526,290 | ||||||
4.00%, 05/01/2052 | 169,954 | 163,941 | ||||||
4.00%, 06/01/2052 | 155,986 | 150,402 | ||||||
4.00%, 07/01/2052 | 154,756 | 149,345 | ||||||
4.00%, 09/01/2052 | 665,185 | 639,655 | ||||||
4.00%, 11/01/2052 | 840,993 | 808,761 | ||||||
4.00%, 06/01/2053 | 1,664,668 | 1,599,231 | ||||||
4.00%, 07/01/2053 | 1,430,422 | 1,373,603 | ||||||
4.00%, 08/01/2053 | 973,936 | 935,550 | ||||||
4.00%, 09/01/2053 | 2,191,315 | 2,104,722 | ||||||
3.50%, 06/01/2028 | 103,702 | 102,600 | ||||||
3.50%, 02/01/2035 | 150,636 | 148,238 | ||||||
3.50%, 05/01/2035 | 77,020 | 75,885 | ||||||
3.50%, 09/01/2035 | 82,186 | 80,823 | ||||||
3.50%, 09/01/2035 | 58,730 | 58,033 | ||||||
3.50%, 04/01/2052 | 142,835 | 134,772 | ||||||
3.50%, 05/01/2052 | 368,436 | 347,317 | ||||||
3.50%, 05/01/2052 | 2,817,725 | 2,625,374 | ||||||
3.50%, 05/01/2052 | 239,840 | 224,830 | ||||||
3.50%, 06/01/2052 | 93,022 | 86,765 | ||||||
3.50%, 06/01/2052 | 243,929 | 227,459 | ||||||
3.50%, 06/01/2052 | 815,301 | 760,122 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments September 30, 2024 (Unaudited)
| Principal Amount | Value | ||||||
MORTGAGE-BACKED SECURITIES — continued | ||||||||
3.00%, 04/01/2025 | $ | 21,590 | $ | 21,426 | ||||
3.00%, 01/01/2031 | 10,852 | 10,611 | ||||||
3.00%, 08/01/2034 | 133,842 | 129,488 | ||||||
3.00%, 07/01/2035 | 245,727 | 237,735 | ||||||
3.00%, 04/01/2037 | 138,917 | 134,302 | ||||||
3.00%, 03/01/2052 | 158,073 | 143,058 | ||||||
3.00%, 03/01/2052 | 1,307,182 | 1,178,892 | ||||||
3.00%, 04/01/2052 | 126,350 | 115,086 | ||||||
3.00%, 04/01/2052 | 557,839 | 502,786 | ||||||
3.00%, 05/01/2052 | 202,198 | 182,661 | ||||||
3.00%, 05/01/2052 | 223,257 | 201,923 | ||||||
2.50%, 05/01/2026 | 131,784 | 129,658 | ||||||
2.50%, 02/01/2031 | 198,434 | 194,663 | ||||||
2.50%, 10/01/2031 | 342,773 | 331,707 | ||||||
2.50%, 02/01/2035 | 272,466 | 265,853 | ||||||
2.50%, 08/01/2035 | 108,906 | 102,860 | ||||||
2.50%, 05/01/2036 | 45,461 | 42,932 | ||||||
2.50%, 07/01/2036 | 456,532 | 428,915 | ||||||
2.50%, 08/01/2051 | 738,051 | 646,490 | ||||||
2.50%, 08/01/2051 | 2,942,494 | 2,570,380 | ||||||
2.50%, 09/01/2051 | 1,556,767 | 1,358,324 | ||||||
2.50%, 10/01/2051 | 651,788 | 567,577 | ||||||
2.50%, 11/01/2051 | 148,994 | 130,381 | ||||||
2.50%, 12/01/2051 | 7,015,049 | 6,091,856 | ||||||
2.50%, 12/01/2051 | 859,141 | 748,230 | ||||||
2.50%, 01/01/2052 | 117,362 | 103,113 | ||||||
2.50%, 02/01/2052 | 1,167,801 | 1,023,975 | ||||||
2.50%, 02/01/2052 | 590,130 | 513,362 | ||||||
2.50%, 02/01/2052 | 181,088 | 158,688 | ||||||
2.50%, 03/01/2052 | 173,316 | 151,660 | ||||||
2.50%, 03/01/2052 | 688,129 | 597,804 | ||||||
2.50%, 03/01/2052 | 1,532,644 | 1,327,999 | ||||||
2.00%, 04/01/2036 | 368,209 | 337,907 | ||||||
2.00%, 10/01/2036 | 519,371 | 477,182 | ||||||
2.00%, 11/01/2036 | 674,419 | 619,610 | ||||||
2.00%, 05/01/2051 | 631,867 | 522,574 | ||||||
2.00%, 08/01/2051 | 1,702,230 | 1,421,605 | ||||||
2.00%, 09/01/2051 | 4,893,482 | 4,082,700 | ||||||
2.00%, 10/01/2051 | 233,949 | 194,957 | ||||||
2.00%, 10/01/2051 | 558,877 | 464,364 | ||||||
2.00%, 10/01/2051 | 285,433 | 237,844 | ||||||
2.00%, 10/01/2051 | 2,273,176 | 1,899,095 | ||||||
2.00%, 10/01/2051 | 87,473 | 73,322 | ||||||
2.00%, 11/01/2051 | 421,384 | 352,741 | ||||||
2.00%, 12/01/2051 | 720,139 | 597,630 | ||||||
2.00%, 12/01/2051 | 1,033,953 | 862,771 | ||||||
2.00%, 12/01/2051 | 51,291 | 42,918 | ||||||
2.00%, 01/01/2052 | 105,704 | 88,771 | ||||||
2.00%, 01/01/2052 | 203,340 | 168,840 | ||||||
2.00%, 02/01/2052 | 2,963,005 | 2,454,644 | ||||||
2.00%, 02/01/2052 | 1,165,808 | 973,874 | ||||||
1.50%, 10/01/2036 | 73,998 | 66,123 | ||||||
CCM Affordable Housing MBS ETF
Schedule of Investments September 30, 2024 (Unaudited)
| Principal Amount | Value | ||||||
MORTGAGE-BACKED SECURITIES — continued | ||||||||
1.50%, 10/01/2036 | $ | 321,285 | $ | 289,078 | ||||
GNMA | ||||||||
5.00%, 03/20/2050 | 114,552 | 116,529 | ||||||
4.50%, 02/20/2050 | 325,371 | 325,267 | ||||||
4.00%, 10/20/2050 | 119,205 | 116,411 | ||||||
4.00%, 01/20/2051 | 9,777 | 9,547 | ||||||
3.50%, 12/20/2050 | 1,586,634 | 1,503,569 | ||||||
2.50%, 08/20/2051 | 1,047,118 | 919,135 | ||||||
TOTAL MORTGAGE-BACKED SECURITIES | ||||||||
(Cost $127,222,286) | 122,650,400 | |||||||
| ||||||||
SHORT-TERM INVESTMENT - 0.70% | ||||||||
Money Market Fund - 0.70% | ||||||||
First American Government Obligations Fund Cl X, 4.82%, (a) | 876,703 | 876,703 | ||||||
TOTAL SHORT-TERM INVESTMENT | ||||||||
(Cost $876,703) | 876,703 | |||||||
Total Investments (Cost $128,098,989) - 98.37% | $ | 123,527,103 | ||||||
Other Assets Exceeding Liabilities, Net - 1.63% | 2,048,804 | |||||||
NET ASSETS - 100.00% | $ | 125,575,907 | ||||||
(a) | The rate shown is the 7-day effective yield as of September 30, 2024. |
FHLMC — Federal Home Loan Mortgage Corporation |
FNMA — Federal National Mortgage Association |
GNMA — Government National Mortgage Association |
For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.
