| Pacific Advisors Small Cap Value Fund Schedule of Investments (Unaudited) as of March 31, 2020 | ||||||
| Name of the Issuer | Numbers of shares as of 3/31/20 | Current $ Value ** as of 3/31/20 | Percentage of Net Assets | |||
| COMMON STOCK | ||||||
| CONSUMER DISCRETIONARY | 3.24 | |||||
| SPECIALTY RETAIL | ||||||
| CONN'S INC. | 33,000 | * | 137,940 | |||
| 137,940 | 3.24 | |||||
| ENERGY | 7.16 | |||||
| ENERGY EQUIPMENT & SERVICES | ||||||
| HELIX ENERGY SOLUTIONS GROUP INC. | 20,000 | * | 32,800 | |||
| NORTH AMERICAN CONSTRUCTION GRP LTD | 35,000 | 177,800 | ||||
| SOLARIS OILFIELD INFRASTRUCTURE-A | 18,000 | 94,500 | ||||
| 305,100 | 7.16 | |||||
| FINANCIALS | 4.70 | |||||
| DIVERSIFIED FINANCIAL SERVICES | ||||||
| COMPASS DIVERSIFIED HOLDINGS | 15,000 | 201,000 | ||||
| 201,000 | 4.70 | |||||
| INDUSTRIALS | 10.74 | |||||
| TRADING COMPANIES & DISTRIBUTORS | ||||||
| DXP ENTERPRISES INC. | 10,000 | * | 122,600 | |||
| RUSH ENTERPRISES INC. | 10,500 | 335,160 | ||||
| 457,760 | 10.74 | |||||
| TOTAL COMMON STOCK (Cost: 1,227,158) | 1,101,800 | 3.24 | ||||
| TOTAL INVESTMENT IN SECURITIES (Cost: $1,227,158) | 1,101,800 | 25.84 | ||||
| CASH OR CASH EQUIVALENT | 775,892 | 18.20 | ||||
| OTHER ASSETS LESS LIABILITIES | 2,385,592 | 55.96 | ||||
| TOTAL NET ASSETS | 4,263,284 | 100.00 | ||||
| * Non-income producing | ||||||
| ** The principal amount is stated in U.S. dollars unless otherwise indicated. | ||||||