Schedule of Investments (Unaudited) | September 30, 2022 | ||||||
Monetta Young Investor Growth Fund | |||||||
NUMBER OF SHARES | VALUE | ||||||
COMMON STOCKS - 48.4% | |||||||
Consumer Cyclical - 4.8% | |||||||
Automobile-2.2% | |||||||
30,000 | Ford Motor Co. | $ | 336,000 | ||||
1,500 | Tesla, Inc. * | 397,875 | |||||
733,875 | |||||||
Leisure Service-1.4% | |||||||
2,000 | Netflix, Inc. * | 470,880 | |||||
Media-Radio/TV-1.2% | |||||||
4,000 | Walt Disney Co. * | 377,320 | |||||
Financial - 8.6% | |||||||
Bank-Money Center-4.8% | |||||||
15,000 | JPMorgan Chase & Co. | 1,567,500 | |||||
Finance-Miscellaneous-3.8% | |||||||
4,300 | MasterCard, Inc. - CL A | 1,222,662 | |||||
Healthcare - 3.1% | |||||||
Healthcare-Patient Care-3.1% | |||||||
2,000 | UnitedHealth Group, Inc. | 1,010,080 | |||||
Retail - 11.2% | |||||||
Retail-Major Chain-4.3% | |||||||
3,000 | Costco Wholesale Corp. | 1,416,810 | |||||
Retail-Specialty-6.9% | |||||||
20,000 | Amazon.com, Inc. * | 2,260,000 | |||||
Technology - 20.7% | |||||||
Computer Data Storage-8.5% | |||||||
20,000 | Apple, Inc. | 2,764,000 | |||||
Computer-Software-3.6% | |||||||
5,000 | Microsoft Corp. | 1,164,500 | |||||
Electronic-Semiconductor-1.2% | |||||||
6,000 | Advanced Micro Devices, Inc. * | 380,160 | |||||
Internet-7.4% | |||||||
20,000 | Alphabet, Inc. - CL C * | 1,923,000 | |||||
3,600 | Meta Platforms, Inc. - CL A * | 488,448 | |||||
2,411,448 | |||||||
Total Common Stocks (Cost $6,417,809) | 15,779,235 | ||||||
EXCHANGE TRADED FUNDS - 51.2% | |||||||
34,300 | SPDR S&P 500 Trust (a) | 12,251,274 | |||||
13,500 | Vanguard S&P 500 | 4,432,050 | |||||
Total Exchange Traded Funds (Cost $8,326,892) | 16,683,324 | ||||||
MONEY MARKET FUNDS - 0.6% | |||||||
191,657 | First American Government Obligations Fund - Class X, 2.78%^ | 191,657 | |||||
Total Money Market Fund (Cost $191,657) | 191,657 | ||||||
Total Investments (Cost $14,936,358) - 100.2% | 32,654,216 | ||||||
Liabilities in Excess of Other Assets - (0.2)% | (54,930 | ) | |||||
TOTAL NET ASSETS - 100.0% | $ | 32,599,286 |
* | Non-Income Producing. | ||||||
(a) | Fair value of this security exceeds 25% of the Fund’s net assets. Additional information of this security, including the financial statements, is available from the SEC’s EDGAR database at www.sec.gov. | ||||||
^ | Rate shown is the seven day effective yield at September 30, 2022. | ||||||
Industry classification provided by William O’Neil & Co., Inc. |
Summary of Fair Value Exposure | ||||
The Fund has adopted fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below: | ||||
Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | ||||
Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. | ||||
Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | ||||
The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. | ||||
As of September 30, 2022, the Fund’s investments in securities were classified as follows: |
Level 1 | Level 2 | Level 3 | Total Fair Value | ||||||||||||
Common Stocks | $ | 15,779,235 | $ | - | $ | - | $ | 15,779,235 | |||||||
Exchange Traded Funds | 16,683,324 | - | - | 16,683,324 | |||||||||||
Money Market Funds | 191,657 | - | - | 191,657 | |||||||||||
Total Investments in Securities | $ | 32,654,216 | $ | - | $ | - | $ | 32,654,216 | |||||||
Refer to the Schedule of Investments for futher information on the classification of investments. |