Adaptive Tactical Rotation Fund Class A Shares

Portfolio Holdings as of 3/31/2021

Ticker Cusip Description Shares Market Value % of Portfolio
HDV 46429B663 ISHARE CORE HIGH DVD 25,358.000 $2,406,220.62 13.30%
MDYV 78464A839 SPDR S&P 400 MID CAP 35,614.000 $2,330,224.02 12.88%
MDYG 78464A821 SPDR S&P 400 MID CAPGROWTH 30,967.000 $2,325,931.37 12.86%
XLRE 81369Y860 Real Estate Select S ector SPDR Fund 40,275.000 $1,590,459.75 8.79%
XLC 81369Y852 Communication Servic es Select Sector SPD 21,093.000 $1,546,538.76 8.55%
SLYV 78464A300 SPDR S&P 600 SMALL CAP VALUE 18,146.000 $1,487,790.54 8.23%
SPY 78462F103 SPDR S&P 500 ETF Tru st 3,640.000 $1,442,641.20 7.98%
SVXY 74347W130 PROSHARES SHORT VIX SHORT TERM FUTURES 19,964.000 $940,304.40 5.20%
XLF 81369Y605 Financial Select Sec tor SPDR Fund 21,942.000 $747,125.10 4.13%
XLE 81369Y506 Energy Select Sector SPDR Fund 14,265.000 $699,840.90 3.87%
XSD 78464A862 SPDR S&P SEMICONDUCT 3,052.000 $557,844.56 3.08%
XHB 78464A888 SPDR S&P Homebuilder s ETF 7,312.000 $514,545.44 2.85%
DBC 46138B103 Invesco DB Commodity Index Tracking Fund 28,975.000 $481,274.75 2.66%
DBA 46140H106 INVESCO AGRICULTURE 27,909.000 $472,778.46 2.61%
CLOU 37954Y442 GLOBAL X CLOUD ETF 17,705.000 $455,726.70 2.52%
FIGXX 316175108 Fidelity Investments Money Market Funds 86,543.710 $86,543.71 0.48%

Totals 402,760.710 $18,085,790.28