Modern Capital Tactical Opportunities Fund Class A

Portfolio Holdings as of 12/31/2022

Ticker Cusip Description Shares Market Value % of Portfolio
SEVN 81784E101 SEVEN HILLS REALTY TRUST 151,926.000 $1,381,007.34 4.91%
EXG 27829F108 EATON VANCE TAX-MANAGED FUND 175,400.000 $1,324,270.00 4.71%
MXE 592834105 Mexico Equity & Inco me Fund Inc/Fund 139,343.000 $1,223,431.54 4.35%
PHK 722014107 PIMCO HIGH INCOME FUND 236,360.000 $1,117,982.80 3.97%
ASG 529900102 Liberty All Star Gro wth Fund Inc 221,940.000 $1,094,164.20 3.89%
GER 38148G206 Goldman Sachs MLP Energy and Renaissan 83,210.000 $1,063,423.80 3.78%
DSM 09662E109 BNY Mellon Strategic Municipal Bond Fund 183,381.000 $1,059,942.18 3.77%
GHY 69346J106 PGIM GLOBAL HIGH YIELD FUND 95,000.000 $1,029,800.00 3.66%
ETW 27829C105 Eaton Vance Tax Managed Global Buy 131,330.000 $1,019,120.80 3.62%
MHI 723763108 Pioneer Municipal High Income Trust 109,000.000 $935,220.00 3.32%
DLY 25862D105 DoubleLine Yield Opp ortunities Fund 69,626.000 $913,493.12 3.25%
KSM 23342Q101 DWS STRATEGIC MUNICIPAL INCO 104,662.000 $855,088.54 3.04%
VVR 46131H107 Invesco Senior Income Trust 221,253.000 $847,398.99 3.01%
VKI 46132E103 Invesco Advantage Municipal Income Tru 85,693.000 $736,102.87 2.62%
IIF 61745C105 MORGAN STANLEY INDIA INVESTMENT FUND INC 35,011.000 $710,723.30 2.53%
HYT 09255P107 BlackRock Corporate High Yield Fund Inc 80,000.000 $699,200.00 2.49%
GOIXX 60934N104 Federated Government Obligations Fund 680,584.190 $680,584.19 2.42%
AOD 00326L100 Aberdeen Total Dynamic Fund 83,000.000 $647,400.00 2.30%
NXDT 65340G205 NexPoint Diversified Real Estate 53,681.000 $601,764.01 2.14%
NML 64129H104 Neuberger Berman MLP & Energy Income Fund 87,419.000 $582,210.54 2.07%
NAD 67066V101 Nuveen Quality Munic ipal Income Fund 45,000.000 $531,000.00 1.89%
94974646 949746465 WELLS FARGO CO #N/A Field Not App 6 21,000.000 $519,330.00 1.85%
HFRO 43010E404 HIGHLAND INCOME FUND 49,216.000 $506,924.80 1.80%
HGLB 43010T104 HIGHLAND GLOBAL ALLOCATION FUND 52,726.000 $496,678.92 1.77%
TGS 893870204 Transportadora de Gas del Sur SA 39,131.000 $461,745.80 1.64%
PBR 71654V408 Petroleo Brasileiro S.A. 36,950.000 $393,517.50 1.40%
PGZ 74255X104 PRINCIPAL REAL ESTATE INCOME 37,305.000 $386,106.75 1.37%
DESP G27358103 Despegar.com Corp 74,274.000 $381,025.62 1.35%
GGAL 399909100 GRUPO FINANCIERO GALICIA-ADR 35,314.000 $343,605.22 1.22%
VIST 92837L109 Vista Oil & Gas SAB de CV 21,840.000 $342,014.40 1.22%
PAXS 72203T100 PIMCO Access Income Fund 21,811.000 $322,584.69 1.15%
DMF 05589T104 BNY Mellon Municipal Income Inc 49,000.000 $306,740.00 1.09%
BFK 09248F109 BlackRock Municipal Income Trust 30,000.000 $301,800.00 1.07%
ARCO G0457F107 Arcos Dorados Holdin gs Inc 35,857.000 $299,764.52 1.07%
NEA 670657105 Nuveen AMT-Free Quality Municipal 25,000.000 $284,250.00 1.01%
EMO 18469P209 CLEARBRIDGE ENERGY MIDSTREAM 9,654.000 $276,104.40 0.98%
IQI 46133G107 Invesco Quality Muni cipal Income Trust 27,870.000 $262,535.40 0.93%
VKQ 46131J103 Invesco Municipal Tr ust 25,918.000 $256,588.20 0.91%
PEO 00548F105 Adams Natural Resour ces Fund Inc 10,728.000 $233,870.40 0.83%
BBAR 058934100 BBVA ARGENTINA SA-ADR 59,182.000 $230,809.80 0.82%
SUPV 40054A108 Grupo Supervielle S.A. 96,440.000 $208,310.40 0.74%
MAV 723762100 PIONEER MUNI HIGH INCOME ADV TRUST 24,452.000 $198,061.20 0.70%
KMF 48661E108 KAYNE ANDERSON MID= STREAM/ENE 25,000.000 $187,750.00 0.67%
BSBR 05967A107 Banco Santander 32,500.000 $175,175.00 0.62%
MYI 09254E103 BlackRock MuniYield Quility Fund III 15,000.000 $168,150.00 0.60%
PHT 72369H106 PIONEER HIGH INCOME FUND 23,526.000 $152,919.00 0.54%
MMU 95766M105 Western Asset Manage d Municipals Fund In 15,000.000 $151,050.00 0.54%
CTR 18469Q207 CLEARBRIDGE ENERGY MLP TOTAL RETURN FUN 5,000.000 $141,350.00 0.50%
PFN 72201J104 PIMCO Income Strategy Fd II 18,404.000 $130,116.28 0.46%
MFM 552738106 MFS Municipal Income Trust 25,000.000 $129,500.00 0.46%
PIM 746909100 Putnam Master Interm ediate Income Trust 40,000.000 $128,000.00 0.45%
CXH 59318B108 MFS Investment Grade Municipal Trust 14,108.000 $100,448.96 0.36%
EDN 29244A102 Empresa Distribuidor a Y Comercializadora 12,500.000 $99,875.00 0.36%
EVF 27826S103 Eaton Vance Senior Income Trust 18,950.000 $99,866.50 0.35%
RIG H8817H100 Transocean Ltd 20,000.000 $91,200.00 0.32%
CMU 59318E102 MFS High Yield Munic ipal Trust 22,800.000 $71,364.00 0.25%
CXE 59318D104 MFS High Income Muni cipal Trust 20,000.000 $69,800.00 0.25%
PFO 33848E106 Flaherty & Crumrine Preferred and Income 5,862.000 $50,413.20 0.18%
TYG 89147L886 TORTOISE CAPITAL ADVISOR 1,192.000 $37,869.84 0.13%
DHF 09660L105 BNYM HIGH YIELD STRAT 17,173.000 $37,093.68 0.13%
GRX 36246K103 Gabelli Healthcare & WellnessRx Trust/Th 3,000.000 $30,840.00 0.11%
TBLD 885213108 Thornburg Income Bui lder Opportunities T 1,000.000 $14,280.00 0.05%
NCZ 92838U108 Virtus Convertible & Income Fund 0.000 $0.00 0.00%
IFN 454089103 THE INDIA FUND 0.000 $0.00 0.00%
CIG 204409601 CIA Energetica De Minas Gerais 0.000 $0.00 0.00%
BBD 059460303 Banco Bradesco SA 0.000 $0.00 0.00%
ASGI 00326W106 Aberdeen Standard Global Infrastructur 0.000 $0.00 0.00%

Totals 4,192,502.190 $28,132,757.70