SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund

Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 92.3%
Australia — 0.9%
Afterpay *		3,978	$	361
AGL Energy		14,159		98
AMP Ltd		78,785		68
Ampol		5,705		113
APA Group		24,080		187
Aristocrat Leisure Ltd		11,026		317
ASX Ltd		3,989		225
Aurizon Holdings Ltd		33,573		97
AusNet Services		24,253		35
Australia & New Zealand Banking Group Ltd		54,354		1,207
BHP Group		56,266		2,073
BlueScope Steel Ltd		8,718		146
Brambles Ltd		26,670		214
CIMIC Group Ltd		1,570		24
Cochlear Ltd		1,346		231
Coles Group Ltd		24,977		315
Commonwealth Bank of Australia		33,812		2,326
Computershare Ltd		9,723		106
Crown Resorts Ltd		4,725		45
CSL		8,679		1,818
Dexus ‡		20,849		164
Evolution Mining		36,613		131
Fortescue Metals Group Ltd		31,064		542
Goodman Group ‡		32,679		477
GPT Group ‡		33,423		119
Insurance Australia Group		43,426		164
James Hardie Industries PLC		9,126		302
Lendlease		14,991		147
Macquarie Group Ltd		6,569		815
Magellan Financial Group		2,899		109
Medibank Pvt Ltd		49,771		118
Mirvac Group ‡		75,075		156
National Australia Bank Ltd		63,065		1,299
Newcrest Mining Ltd		15,179		311
Northern Star Resources		21,074		171
Oil Search Ltd		33,755		99
Orica		9,230		97
Origin Energy Ltd		30,429		98
Qantas Airways		13,819		53
QBE Insurance Group Ltd		30,004		228
Ramsay Health Care		3,723		194
REA Group		1,011		124
Rio Tinto Ltd		6,817		638
Santos Ltd		33,907		183
Scentre Group ‡		98,587		207
SEEK Ltd		5,823		139
Sonic Healthcare		9,308		258
South32		93,173		207
Stockland ‡		45,640		165
Suncorp Group Ltd		23,543		191

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Sydney Airport		23,911	$	114
Tabcorp Holdings		43,982		169
Telstra Corp Ltd		78,738		206
TPG Telecom		4,708		20
Transurban Group		50,002		547
Treasury Wine Estates Ltd		13,058		101
Vicinity Centres ‡		88,352		108
Washington H Soul Pattinson & Co Ltd		1,728		40
Wesfarmers Ltd		21,773		910
Westpac Banking		69,216		1,336
WiseTech Global		3,378		82
Woodside Petroleum Ltd		17,967		317
Woolworths Group Ltd		24,186		734
Xero *		2,473		270
				22,866
Austria — 0.0%
Erste Group Bank AG *		5,354		191
OMV		2,525		125
Raiffeisen Bank International AG		1,878		41
Verbund AG		1,159		95
voestalpine AG		2,690		117
				569
Belgium — 0.1%
Ageas		3,588		218
Anheuser-Busch InBev SA/NV		14,605		1,034
Argenx *		883		256
Elia Group		714		77
Etablissements Franz Colruyt		1,276		76
Groupe Bruxelles Lambert SA		2,156		236
KBC Group NV		4,789		373
Proximus SADP		3,526		75
Sofina		353		134
Solvay SA		1,425		182
UCB SA		2,426		225
Umicore SA		3,801		231
				3,117
China — 0.0%
China Lumena New Materials Corp *		30,699		–
Denmark — 0.3%
Ambu, Cl B		2,800		157
AP Moller - Maersk A/S, Cl A		60		141
AP Moller - Maersk A/S, Cl B		110		274
Carlsberg A/S, Cl B		1,909		335
Chr Hansen Holding A/S		2,080		192
Coloplast A/S, Cl B		2,216		367
Danske Bank A/S		13,200		252
Demant A/S *		2,501		126
DSV PANALPINA		3,967		886
Genmab A/S *		1,196		440
GN Store Nord		2,427		219

Adviser Managed Trust / Quarterly Report / April 30, 2021 1

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
H Lundbeck A/S		884	$	27
Novo Nordisk A/S, Cl B		32,660		2,395
Novozymes A/S, Cl B		3,686		263
Orsted A/S		3,622		529
Pandora A/S		1,892		215
ROCKWOOL International, Cl B		164		74
Tryg A/S		6,021		138
Vestas Wind Systems		18,935		791
				7,821
Finland — 0.1%
Elisa		2,715		154
Fortum		8,371		220
Kesko, Cl B		5,563		170
Kone, Cl B		6,207		488
Neste Oyj		7,758		471
Nokia		102,859		488
Orion Oyj, Cl B		2,398		106
Sampo Oyj, Cl A		9,348		445
Stora Enso, Cl R		10,982		210
UPM-Kymmene		10,023		393
Wartsila Abp		10,203		132
				3,277
France — 1.3%
Accor SA		3,748		151
Aeroports de Paris		686		88
Air Liquide		9,044		1,525
Alstom SA		4,947		271
Amundi SA		1,384		123
Arkema SA		1,322		165
Atos SE		1,907		130
AXA SA		37,181		1,053
BioMerieux		940		112
BNP Paribas SA		21,557		1,385
Bollore SA		20,354		103
Bouygues SA		4,293		184
Bureau Veritas		5,606		168
Capgemini SE		2,933		538
Carrefour SA		11,530		224
Cie de Saint-Gobain		9,455		598
Cie Generale des Etablissements Michelin SCA		3,085		447
CNP Assurances		2,178		38
Covivio ‡		1,193		107
Credit Agricole SA		22,192		344
Danone SA		11,838		835
Dassault Aviation SA		32		35
Dassault Systemes SE		2,412		560
Edenred		4,401		250
Eiffage SA		1,626		178
Electricite de France SA		11,618		169
Engie SA		33,462		498

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
EssilorLuxottica SA		5,461	$	910
Eurazeo SE		596		50
Eurofins Scientific		2,349		233
Faurecia		344		19
Faurecia SA		2,068		112
Gecina SA ‡		791		116
Getlink SE		8,391		134
Hermes International		607		763
Iliad SA		188		34
Ipsen		865		84
Kering		1,452		1,165
Klepierre SA ‡		3,463		92
La Francaise des Jeux SAEM		1,990		102
Legrand		4,872		475
L’Oreal SA		4,775		1,964
LVMH Moet Hennessy Louis Vuitton		5,270		3,973
Natixis SA		19,666		96
Orange SA		36,334		453
Orpea		891		115
Pernod Ricard SA		4,014		825
Publicis Groupe		4,423		287
Remy Cointreau SA		518		104
Renault SA		3,676		148
Safran SA		6,155		920
Sanofi		21,483		2,257
Sartorius Stedim Biotech		545		251
Schneider Electric SE		10,204		1,634
SCOR SE *		2,839		92
SEB SA		572		104
Societe Generale SA		16,021		456
Sodexo SA		1,690		169
Stellantis		18,994		316
STMicroelectronics		11,629		436
Suez		5,980		143
Teleperformance		1,164		450
Thales SA		2,016		206
TOTAL SA		47,806		2,119
Ubisoft Entertainment SA *		1,705		128
Valeo		4,692		152
Veolia Environnement SA		10,330		329
Vinci SA		9,978		1,098
Vivendi SA		15,150		529
Wendel SA		340		45
Worldline *		4,508		443
				34,810
Germany — 1.1%
adidas AG		3,637		1,125
Allianz		7,852		2,045
Aroundtown SA		18,825		145
BASF		17,543		1,417
Bayer		18,764		1,216
Bayerische Motoren Werke		6,384		641

2 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Bechtle		556	$	113
Beiersdorf AG		1,987		225
Brenntag AG		3,031		273
Carl Zeiss Meditec		772		136
Commerzbank AG		17,267		114
Continental AG		1,976		268
Covestro		3,348		219
Daimler AG		16,402		1,462
Delivery Hero *		2,433		387
Deutsche Bank AG		35,746		500
Deutsche Boerse AG		3,482		601
Deutsche Lufthansa AG		6,910		89
Deutsche Post		18,956		1,117
Deutsche Telekom AG		63,876		1,230
Deutsche Wohnen SE		6,375		345
E.ON SE		40,894		494
Evonik Industries AG		3,621		127
Fresenius Medical Care AG & Co KGaA		3,982		317
Fresenius SE & Co KGaA		8,285		408
GEA Group AG		2,756		121
Hannover Rueck SE		1,150		213
HeidelbergCement AG		2,835		260
HelloFresh *		3,010		250
Henkel AG & Co KGaA		1,974		197
HOCHTIEF AG		314		29
Infineon Technologies		25,027		1,011
KION Group		1,324		132
Knorr-Bremse		1,478		181
LANXESS AG		1,419		105
LEG Immobilien		1,471		205
Merck KGaA		2,352		414
MTU Aero Engines AG		1,023		259
Muenchener Rueckversicherungs- Gesellschaft in Muenchen		2,686		778
Nemetschek		1,320		99
Puma SE		1,875		198
QIAGEN *		4,505		220
Rational		104		87
RWE AG		11,763		447
SAP SE		19,810		2,784
Scout24		1,770		147
Siemens		14,510		2,425
Siemens Energy *		7,425		249
Siemens Healthineers AG		5,327		304
Symrise, Cl A		2,394		310
TeamViewer *		3,072		146
Telefonica Deutschland Holding AG		13,210		38
Uniper SE		3,512		128
United Internet AG		2,428		102
Volkswagen AG		557		177
Vonovia SE		10,356		681

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Zalando *		2,855	$	297
				28,008
Greece — 0.0%
FF Group *		1,785		–
Hong Kong — 0.4%
AIA Group Ltd		231,000		2,941
ASM Pacific Technology Ltd		7,100		108
Bank of East Asia		16,600		35
BOC Hong Kong Holdings Ltd		73,000		258
Budweiser Brewing APAC		39,100		124
China Huishan Dairy Holdings Co Ltd *		228,000		–
CK Asset Holdings Ltd		46,000		289
CK Hutchison Holdings Ltd		50,500		414
CK Infrastructure Holdings Ltd		15,500		95
CLP Holdings		30,500		301
ESR Cayman *		34,200		117
Galaxy Entertainment Group Ltd		43,000		379
Hanergy Thin Film Power Group Ltd *		444,000		–
Hang Lung Properties Ltd		46,000		125
Hang Seng Bank Ltd		15,200		298
Henderson Land Development Co Ltd		26,000		116
HK Electric Investments & HK Electric Investments Ltd		33,500		34
HKT Trust & HKT Ltd		86,000		125
Hong Kong & China Gas		203,900		327
Hong Kong Exchanges & Clearing Ltd		23,000		1,392
Link ‡		38,712		366
Melco Resorts & Entertainment ADR		4,900		95
MTR Corp Ltd		29,500		164
New World Development		29,500		156
PCCW Ltd		48,919		28
Power Assets Holdings		26,500		163
Sands China Ltd		46,400		220
Sino Land Co Ltd		55,170		82
SJM Holdings Ltd		25,000		32
Sun Hung Kai Properties Ltd		24,500		370
Swire Pacific Ltd, Cl A		6,500		52
Swire Properties Ltd		27,000		81
Techtronic Industries Co Ltd		26,000		474
WH Group Ltd		183,000		160
Wharf Real Estate Investment Co Ltd		31,000		178
Wynn Macau Ltd		19,600		38
Xinyi Glass Holdings		38,000		135
				10,272
Ireland — 0.7%
Accenture PLC, Cl A		34,247		9,931
Alkermes PLC *		9,300		205
CRH PLC		15,028		710
Eaton Corp PLC		21,628		3,091
Experian PLC		16,825		650
Jazz Pharmaceuticals PLC *		2,800		460

Adviser Managed Trust / Quarterly Report / April 30, 2021 3

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Kerry Group PLC, Cl A		2,888	$	375
Paddy Power Betfair PLC *		3,108		635
Pentair PLC		8,600		555
Perrigo PLC		8,000		333
Smurfit Kappa Group PLC		4,992		256
				17,201
Israel — 0.1%
Azrieli Group		626		44
Bank Hapoalim BM *		21,628		173
Bank Leumi Le-Israel *		27,853		196
Check Point Software Technologies *		2,200		257
Elbit Systems Ltd		611		84
ICL Group		10,204		66
Israel Discount Bank, Cl A *		26,807		121
Mizrahi Tefahot Bank Ltd *		1,798		51
Nice Ltd *		1,129		273
Teva Pharmaceutical Industries ADR *		20,900		224
Wix.com Ltd *		1,100		350
				1,839
Italy — 0.3%
Amplifon		2,536		107
Assicurazioni Generali SpA		20,673		415
Atlantia SpA		10,153		198
CNH Industrial NV		19,496		290
Davide Campari-Milano		9,720		115
DiaSorin		576		98
Enel SpA		154,036		1,533
Eni SpA		46,501		556
EXOR NV		2,071		170
Ferrari		2,304		494
FinecoBank Banca Fineco		11,458		198
Infrastrutture Wireless Italiane		6,845		80
Intesa Sanpaolo SpA		316,688		885
Mediobanca Banca di Credito Finanziario *		11,301		128
Moncler SpA		3,653		224
Nexi *		8,515		164
Poste Italiane		9,467		124
Prysmian SpA		4,613		145
Recordati Industria Chimica e Farmaceutica		1,874		104
Snam SpA		40,114		226
Stellantis		20,210		336
Telecom Italia		191,866		105
Telecom Italia SpA/Milano		76,471		45
Terna Rete Elettrica Nazionale		26,837		198
UniCredit SpA		42,173		435
				7,373
Japan — 2.9%
ABC-Mart Inc		500		27
Acom		6,500		28
Advantest		4,000		380

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Aeon Co Ltd		12,300	$	336
Aeon Mall Co Ltd		1,700		27
AGC Inc/Japan		3,300		150
Air Water Inc		2,300		38
Aisin		2,900		112
Ajinomoto Co Inc		8,900		178
Alfresa Holdings Corp		4,300		77
Amada		4,200		45
ANA Holdings Inc		3,200		73
Asahi Group Holdings		8,700		363
Asahi Intecc Co Ltd		3,400		92
Asahi Kasei		24,800		261
Astellas Pharma Inc		34,100		512
Azbil		2,500		101
Bandai Namco Holdings Inc		3,800		279
Bank of Kyoto Ltd/The		1,200		64
Bridgestone Corp		10,300		412
Brother Industries Ltd		5,100		108
Calbee		1,100		26
Canon Inc		18,700		445
Capcom		3,600		117
Casio Computer Co Ltd		4,500		80
Central Japan Railway Co		2,700		395
Chiba Bank Ltd/The		6,700		42
Chubu Electric Power Co Inc		12,300		149
Chugai Pharmaceutical Co Ltd		12,900		484
Chugoku Electric Power Co Inc/The		6,700		75
Coca-Cola Bottlers Japan Holdings Inc		1,900		30
Concordia Financial Group Ltd		23,700		89
Cosmos Pharmaceutical		300		43
CyberAgent		7,600		156
Dai Nippon Printing		5,500		109
Daifuku Co Ltd		2,000		198
Dai-ichi Life Holdings Inc		20,200		363
Daiichi Sankyo Co Ltd		32,600		831
Daikin Industries Ltd		4,800		963
Daito Trust Construction Co Ltd		1,100		117
Daiwa House Industry		10,900		323
Daiwa House Investment Corp, Cl A ‡		45		121
Daiwa Securities Group		25,000		133
Denso Corp		8,200		530
Dentsu Group		4,100		126
Disco Corp		600		194
East Japan Railway Co		5,500		376
Eisai Co Ltd		4,800		313
ENEOS Holdings		60,400		260
FANUC		3,700		852
Fast Retailing		1,100		903
Fuji Electric Co Ltd		2,900		132
FUJIFILM Holdings Corp		6,800		441
Fujitsu Ltd		3,600		573
Fukuoka Financial Group Inc		2,200		37

4 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
GLP J-REIT ‡		83	$	139
GMO Payment Gateway		900		115
Hakuhodo DY Holdings Inc		4,800		81
Hamamatsu Photonics KK		2,600		151
Hankyu Hanshin Holdings Inc		4,300		135
Harmonic Drive Systems		800		54
Hikari Tsushin Inc		400		80
Hino Motors Ltd		4,500		38
Hirose Electric		700		112
Hisamitsu Pharmaceutical Co Inc		1,100		64
Hitachi Construction Machinery Co Ltd		2,500		77
Hitachi Ltd		18,500		911
Hitachi Metals Ltd		5,000		97
Honda Motor Co Ltd		31,300		926
Hoshizaki		800		71
Hoya		7,200		819
Hulic Co Ltd		3,800		43
Ibiden		2,200		104
Idemitsu Kosan		4,400		105
Iida Group Holdings Co Ltd		1,900		46
Inpex		18,700		128
Isuzu Motors Ltd		9,900		100
Ito En		1,200		66
ITOCHU Corp		25,800		804
Itochu Techno-Solutions		2,200		76
Japan Airlines		1,800		38
Japan Airport Terminal Co Ltd		800		36
Japan Exchange Group Inc		10,100		237
Japan Metropolitan Fund Invest ‡		120		118
Japan Post Bank Co Ltd		9,400		86
Japan Post Holdings Co Ltd		31,100		261
Japan Post Insurance		5,200		100
Japan Real Estate Investment ‡		25		155
Japan Tobacco Inc		22,700		425
JFE Holdings Inc		8,900		117
JSR		3,400		105
Kajima Corp		8,100		112
Kakaku.com		3,100		84
Kansai Electric Power Co Inc/The		12,200		121
Kansai Paint Co Ltd		4,100		103
Kao		9,200		590
KDDI Corp		30,900		935
Keihan Holdings Co Ltd		2,200		80
Keikyu Corp		5,100		65
Keio Corp		1,800		117
Keisei Electric Railway Co Ltd		3,000		94
Keyence Corp		3,500		1,682
Kikkoman Corp		2,700		166
Kintetsu Group Holdings Co Ltd		3,300		118
Kirin Holdings Co Ltd		15,800		296
Kobayashi Pharmaceutical Co Ltd		1,100		98
Kobe Bussan		2,800		75

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Koei Tecmo Holdings		1,170	$	52
Koito Manufacturing Co Ltd		2,000		125
Komatsu Ltd		16,600		487
Konami Holdings Corp		1,700		101
Kose Corp		600		90
Kubota		19,600		461
Kuraray Co Ltd		7,400		80
Kurita Water Industries Ltd		2,100		97
Kyocera Corp		6,200		377
Kyowa Hakko Kirin Co Ltd		5,100		155
Kyushu Electric Power Co Inc		8,700		79
Kyushu Railway Co		3,400		76
Lasertec		1,400		248
Lawson Inc		600		27
Lion Corp		5,100		96
Lixil		5,000		135
M3 Inc		8,500		589
Makita Corp		4,300		193
Marubeni Corp		31,200		259
Marui Group		4,400		82
Mazda Motor		13,100		101
McDonald’s Holdings Co Japan Ltd		1,500		69
Medipal Holdings Corp		4,200		77
MEIJI Holdings Co Ltd		2,100		130
Mercari *		2,000		99
MINEBEA MITSUMI Inc		6,900		173
MISUMI Group		5,300		149
Mitsubishi Chemical Holdings Corp		22,500		167
Mitsubishi Corp		25,600		707
Mitsubishi Electric Corp		34,700		534
Mitsubishi Estate Co Ltd		22,700		373
Mitsubishi Gas Chemical		3,300		76
Mitsubishi HC Capital		13,800		79
Mitsubishi Heavy Industries Ltd		5,800		172
Mitsubishi UFJ Financial Group Inc		234,300		1,239
Mitsui & Co Ltd		30,700		647
Mitsui Chemicals Inc		3,300		104
Mitsui Fudosan Co Ltd		17,200		373
Miura		2,000		105
Mizuho Financial Group Inc		46,190		649
MonotaRO Co Ltd		4,800		123
MS&AD Insurance Group Holdings Inc		8,800		249
Murata Manufacturing Co Ltd		11,000		876
Nabtesco Corp		1,800		81
Nagoya Railroad Co Ltd		4,200		96
NEC Corp		4,900		285
Nexon Co Ltd		9,700		322
NGK Insulators Ltd		5,900		108
NGK Spark Plug Co Ltd		2,000		33
NH Foods Ltd		1,900		85
Nidec		8,600		996
Nihon M&A Center		5,800		152

Adviser Managed Trust / Quarterly Report / April 30, 2021 5

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Nintendo Co Ltd		2,100	$	1,204
Nippon Building Fund ‡		29		191
Nippon Express Co Ltd		1,600		122
Nippon Paint Holdings Co Ltd		13,000		186
Nippon Prologis Inc ‡		36		116
Nippon Sanso Holdings		1,900		36
Nippon Shinyaku		1,100		74
Nippon Steel Corp		15,200		265
Nippon Telegraph & Telephone Corp		24,700		623
Nippon Yusen		3,100		122
Nissan Chemical		2,400		123
Nissan Motor Co Ltd		44,100		221
Nisshin Seifun Group Inc		4,600		74
Nissin Foods Holdings Co Ltd		1,400		99
Nitori Holdings Co Ltd		1,600		287
Nitto Denko Corp		3,100		257
Nomura Holdings Inc		58,700		315
Nomura Real Estate Holdings Inc		1,800		44
Nomura Real Estate Master Fund ‡		77		122
Nomura Research Institute Ltd		6,300		194
NSK Ltd		4,500		41
NTT Data		12,100		188
Obayashi Corp		11,700		107
Obic Co Ltd		1,400		271
Odakyu Electric Railway Co Ltd		5,500		149
Oji Holdings Corp		15,400		97
Olympus Corp		21,200		436
Omron Corp		3,500		265
Ono Pharmaceutical Co Ltd		7,300		184
Oracle Corp Japan		900		84
Oriental Land Co Ltd/Japan		3,800		538
ORIX		24,800		399
Orix JREIT ‡		60		106
Osaka Gas Co Ltd		7,000		135
Otsuka Corp		2,400		121
Otsuka Holdings		7,800		300
Pan Pacific International Holdings Corp		7,800		168
Panasonic Corp		41,900		494
PeptiDream *		1,800		77
Persol Holdings Co Ltd		2,300		42
Pigeon		2,600		88
Pola Orbis Holdings Inc		1,500		39
Rakuten Group		16,200		206
Recruit Holdings Co Ltd		26,000		1,175
Renesas Electronics Corp *		13,700		160
Resona Holdings Inc		39,400		162
Ricoh Co Ltd		12,200		130
Rinnai Corp		700		70
Rohm Co Ltd		1,700		168
Ryohin Keikaku		3,900		82
Santen Pharmaceutical Co Ltd		8,100		104
SBI Holdings Inc/Japan		4,500		127

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
SCSK		700	$	41
Secom		4,000		332
Sega Sammy Holdings		2,600		37
Seibu Holdings Inc		3,300		36
Seiko Epson Corp		6,500		111
Sekisui Chemical Co Ltd		6,200		108
Sekisui House		12,100		245
Seven & i Holdings Co Ltd		14,300		615
SG Holdings Co Ltd		6,200		141
Sharp Corp/Japan		4,100		69
Shimadzu Corp		4,200		147
Shimamura Co Ltd		400		40
Shimano Inc		1,400		321
Shimizu Corp		12,600		103
Shin-Etsu Chemical		6,800		1,148
Shinsei Bank Ltd		2,400		35
Shionogi & Co Ltd		5,300		279
Shiseido Co Ltd		7,600		551
Shizuoka Bank Ltd/The		5,400		41
SMC Corp/Japan		1,100		639
SoftBank		55,000		709
SoftBank Group Corp		29,900		2,704
Sohgo Security Services Co Ltd		1,600		70
Sompo Holdings Inc		6,700		249
Sony Group		24,100		2,403
Square Enix Holdings		1,500		83
Stanley Electric Co Ltd		3,000		86
Subaru Corp		12,200		226
SUMCO Corp		4,700		122
Sumitomo Chemical Co Ltd		28,600		146
Sumitomo Corp		21,800		297
Sumitomo Dainippon Pharma		2,300		40
Sumitomo Electric Industries		14,300		213
Sumitomo Metal Mining Co Ltd		4,500		191
Sumitomo Mitsui Financial Group Inc		25,100		873
Sumitomo Mitsui Trust Holdings Inc		6,400		218
Sumitomo Realty & Development		5,800		193
Sundrug Co Ltd		900		31
Suntory Beverage & Food Ltd		2,500		84
Suzuken		900		32
Suzuki Motor Corp		7,100		269
Sysmex Corp		3,100		310
T&D Holdings		9,300		114
Taiheiyo Cement Corp		2,800		70
Taisei		3,500		129
Taisho Pharmaceutical Holdings		400		24
Takeda Pharmaceutical Co Ltd		30,200		1,004
TDK Corp		2,400		326
Teijin Ltd		2,300		38
Terumo Corp		11,800		446
THK Co Ltd		2,500		85
TIS		5,100		127

6 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Tobu Railway Co Ltd		3,400	$	87
Toho Co Ltd/Tokyo		2,600		104
Toho Gas Co Ltd		1,700		94
Tohoku Electric Power Co Inc		9,800		86
Tokio Marine Holdings Inc		12,100		579
Tokyo Century Corp		500		31
Tokyo Electric Power Holdings *		25,800		76
Tokyo Electron Ltd		2,800		1,238
Tokyo Gas		7,100		144
Tokyu Corp		8,400		108
Tokyu Fudosan Holdings		7,800		43
Toppan Printing Co Ltd		6,000		102
Toray Industries Inc		26,500		165
Toshiba		7,600		314
Tosoh Corp		4,600		82
TOTO Ltd		2,700		140
Toyo Suisan Kaisha Ltd		2,000		82
Toyoda Gosei Co Ltd		1,100		27
Toyota Industries Corp		2,900		232
Toyota Motor Corp		40,500		3,011
Toyota Tsusho Corp		4,100		173
Trend Micro Inc/Japan		2,300		109
Tsuruha Holdings Inc		800		92
Unicharm Corp		7,700		299
United Urban Investment Corp ‡		68		102
USS Co Ltd		5,000		91
Welcia Holdings		2,200		69
West Japan Railway Co		3,000		166
Yakult Honsha Co Ltd		2,700		131
Yamada Holdings		16,700		83
Yamaha		2,400		131
Yamaha Motor Co Ltd		4,600		115
Yamato Holdings Co Ltd		5,700		161
Yamazaki Baking Co Ltd		1,900		30
Yaskawa Electric Corp		4,600		212
Yokogawa Electric Corp		5,200		94
Z Holdings		50,900		235
ZOZO Inc		1,400		47
				76,107
Luxembourg — 0.0%
SES, Cl A		7,858		60
Tenaris SA		9,677		104
				164
Netherlands — 0.8%
ABN AMRO Group NV		7,563		98
Adyen NV *		348		855
Aegon NV		33,892		158
Airbus SE		11,232		1,351
Akzo Nobel NV		3,830		461
ArcelorMittal		13,373		390
ASM International		905		276

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
ASML Holding NV		8,083	$	5,266
Galapagos *		964		75
Heineken		4,741		550
Heineken Holding NV		2,203		219
ING Groep NV		74,677		956
JDE Peet’s *		1,527		59
Just Eat Takeaway.com *		2,343		243
Koninklijke Ahold Delhaize		21,095		569
Koninklijke DSM NV		3,156		567
Koninklijke KPN NV		69,975		241
Koninklijke Philips NV		17,459		985
Koninklijke Vopak NV		1,613		74
NN Group NV		5,821		291
Prosus		9,341		1,015
Randstad NV		2,271		164
Royal Dutch Shell, Cl A		77,709		1,469
Royal Dutch Shell, Cl B		70,788		1,273
Unibail-Rodamco-Westfield  ‡		2,583		213
Unilever		29,727		1,739
Wolters Kluwer NV		4,966		450
				20,007
New Zealand — 0.0%
a2 Milk Co Ltd *		16,639		91
Auckland International Airport Ltd		21,699		118
Fisher & Paykel Healthcare Corp Ltd		11,481		296
Mercury NZ		10,297		51
Meridian Energy Ltd		22,443		86
Ryman Healthcare Ltd		9,192		94
Spark New Zealand Ltd		33,914		107
				843
Norway — 0.1%
Adevinta, Cl B *		5,490		101
DNB ASA		17,731		382
Equinor		18,251		372
Gjensidige Forsikring ASA		4,579		105
Mowi ASA		8,257		204
Norsk Hydro ASA		23,022		147
Orkla ASA		13,111		134
Schibsted, Cl A		1,540		78
Schibsted ASA, Cl B		2,251		99
Telenor ASA		14,262		255
Yara International ASA		3,311		173
				2,050
Panama — 0.0%
Copa Holdings SA, Cl A *		1,800		156
Portugal — 0.0%
EDP - Energias de Portugal SA		51,969		289
Galp Energia SGPS		9,071		105
Jeronimo Martins SGPS SA		5,764		105
				499

Adviser Managed Trust / Quarterly Report / April 30, 2021 7

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Singapore — 0.1%
Ascendas Real Estate Investment Trust ‡		55,967	$	131
CapitaLand Integrated Commercial Trust ‡		82,528		133
CapitaLand Ltd		58,399		163
City Developments Ltd		5,800		34
DBS Group Holdings Ltd		34,287		771
Genting Singapore Ltd		140,000		91
Hongkong Land Holdings Ltd		21,100		105
Jardine Matheson Holdings Ltd		4,300		289
Keppel Corp Ltd		26,100		106
Mapletree Commercial Trust ‡		49,800		82
Mapletree Logistics Trust ‡		62,159		93
Oversea-Chinese Banking Corp Ltd		62,654		575
Singapore Airlines Ltd		24,000		91
Singapore Exchange Ltd		14,500		114
Singapore Technologies Engineering		35,800		104
Singapore Telecommunications Ltd		146,400		275
Suntec Real Estate Investment Trust ‡		30,100		35
United Overseas Bank Ltd		22,100		442
UOL Group Ltd		5,900		34
Venture Corp Ltd		6,300		95
Wilmar International Ltd		33,400		131
				3,894
South Korea — 0.0%
Medytox		5		1
Spain — 0.3%
ACS Actividades de Construccion y Servicios		5,049		165
Aena SME SA *		1,295		226
Amadeus IT Group SA, Cl A		8,257		564
Banco Bilbao Vizcaya Argentaria SA		127,926		719
Banco Santander SA		332,326		1,286
CaixaBank SA		67,374		216
Cellnex Telecom		8,743		495
Enagas SA		5,641		123
Endesa SA		5,987		157
Ferrovial SA		9,337		266
Grifols		6,160		167
Iberdrola		116,406		1,574
Industria de Diseno Textil SA		20,884		745
Naturgy Energy Group		5,129		132
Red Electrica Corp SA		8,085		149
Repsol SA		28,246		338
Siemens Gamesa Renewable Energy SA		4,572		166
Telefonica SA		96,912		449
				7,937
Sweden — 0.4%
Alfa Laval		6,026		204
Assa Abloy AB, Cl B		18,282		522
Atlas Copco AB, Cl A		12,850		780
Atlas Copco AB, Cl B		7,712		401

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Boliden *		5,112	$	199
Electrolux AB		4,077		114
Epiroc, Cl A		11,714		254
Epiroc AB, Cl B		6,752		133
EQT AB		4,571		155
Essity AB, Cl B		11,967		391
Evolution Gaming Group		3,099		613
Fastighets Balder, Cl B *		2,063		119
H & M Hennes & Mauritz, Cl B		15,882		392
Hexagon, Cl B		5,134		490
Husqvarna, Cl B		7,481		104
ICA Gruppen AB		2,291		106
Industrivarden, Cl A		2,176		84
Industrivarden AB, Cl C		2,862		104
Investment Latour, Cl B		3,417		105
Investor AB, Cl B		8,694		739
Kinnevik		4,289		237
L E Lundbergforetagen AB, Cl B		1,749		100
Lundin Energy		3,370		108
Nibe Industrier, Cl B		6,464		237
Nordea Bank Abp *		61,447		639
Sandvik AB		20,666		511
Securitas AB, Cl B		7,154		122
Skandinaviska Enskilda Banken AB, Cl A		30,284		389
Skanska AB, Cl B		7,018		191
SKF AB, Cl B		7,896		204
Svenska Cellulosa, Cl B		12,583		221
Svenska Handelsbanken AB, Cl A		28,873		335
Swedbank AB, Cl A		16,815		296
Swedish Match AB *		3,112		256
Tele2 AB, Cl B		8,605		111
Telefonaktiebolaget LM Ericsson, Cl B		55,880		766
Telia Co AB		51,320		213
Volvo AB, Cl B		27,224		666
				11,611
Switzerland — 1.1%
ABB Ltd		35,326		1,148
Adecco Group AG		2,921		198
Alcon Inc		9,414		707
Baloise Holding AG		888		150
Banque Cantonale Vaudoise		697		71
Barry Callebaut		52		115
Chocoladefabriken Lindt & Spruengli AG		23		393
Cie Financiere Richemont SA, Cl A		10,003		1,027
Clariant AG		4,559		96
Coca-Cola HBC AG		3,638		126
Credit Suisse Group AG		44,943		470
EMS-Chemie Holding AG		156		146
Geberit		674		444
Givaudan		177		742
Julius Baer Group Ltd		4,395		277
Kuehne + Nagel International AG		1,066		319

8 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
LafargeHolcim Ltd		9,591	$	592
Logitech International		3,061		344
Lonza Group AG		1,427		909
Nestle SA		54,732		6,534
Novartis AG		42,152		3,603
Partners Group Holding AG		339		483
Roche Holding		612		213
Roche Holding AG		13,342		4,353
Schindler Holding		1,162		328
SGS SA		113		335
Sika AG		2,717		811
Sonova Holding AG		1,008		299
Straumann Holding AG		183		262
Swatch Group		550		169
Swatch Group AG/The		796		48
Swiss Life Holding AG		544		265
Swiss Prime Site AG		1,323		129
Swiss Re AG		5,420		504
Swisscom AG		496		269
Temenos AG		1,284		189
UBS Group		70,259		1,073
Vifor Pharma AG		786		113
Zurich Insurance Group AG		2,874		1,181
				29,435
United Kingdom — 1.5%
3i Group PLC		18,019		320
Admiral Group PLC		3,639		158
Anglo American PLC		23,565		1,002
Antofagasta PLC		6,957		180
Ashtead Group PLC		8,859		571
Associated British Foods PLC		7,329		234
AstraZeneca PLC		24,895		2,659
Auto Trader Group PLC		18,383		145
AVEVA Group PLC		2,058		99
Aviva PLC		77,638		430
BAE Systems PLC		63,531		445
Barclays PLC		331,489		805
Barratt Developments PLC		19,037		204
Berkeley Group Holdings PLC		2,409		154
BHP Group PLC		40,477		1,224
BP PLC		384,052		1,611
British American Tobacco PLC		43,460		1,614
British Land PLC‡		15,954		115
BT Group PLC, Cl A		166,339		380
Bunzl PLC		5,943		192
Burberry Group PLC		8,306		237
Compass Group PLC		34,053		741
Croda International PLC		2,686		252
DCC PLC		1,714		149
Diageo PLC		44,327		1,995
Direct Line Insurance Group PLC		24,675		97
Entain PLC		11,947		280

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Evraz PLC		10,725	$	95
Ferguson PLC		4,114		520
Fresnillo PLC		3,752		43
GlaxoSmithKline PLC		95,067		1,763
Glencore PLC		191,516		783
Halma PLC		7,058		253
Hargreaves Lansdown PLC		5,775		138
Hikma Pharmaceuticals PLC		2,892		98
HSBC Holdings PLC		386,350		2,422
Imperial Brands PLC		18,137		379
Informa PLC		30,785		240
InterContinental Hotels Group PLC		3,215		229
Intertek Group PLC		3,000		255
J Sainsbury PLC		29,618		97
JD Sports Fashion PLC		10,024		127
Johnson Matthey PLC		3,343		150
Kingfisher PLC		43,292		214
Kingspan Group PLC		2,731		244
Land Securities Group PLC ‡		12,813		128
Legal & General Group PLC		112,433		424
Lloyds Banking Group PLC		1,351,901		850
London Stock Exchange Group PLC		6,058		621
M&G PLC		44,894		135
Melrose Industries PLC		99,658		225
Mondi PLC		8,610		234
National Grid PLC		67,503		851
Natwest Group PLC		91,470		249
Next PLC		2,551		276
NMC Health PLC *		3,417		–
Ocado Group PLC *		8,755		254
Pearson PLC		12,995		149
Persimmon PLC		5,636		244
Phoenix Group Holdings PLC		11,193		110
Prudential PLC		49,994		1,062
Reckitt Benckiser Group PLC		13,630		1,217
RELX PLC		37,018		963
Rentokil Initial PLC		35,576		247
Rio Tinto PLC		21,264		1,789
Rolls-Royce Holdings PLC		159,417		231
RSA Insurance Group PLC		19,474		184
Sage Group PLC/The		22,718		201
Schroders PLC		2,245		112
Segro PLC ‡		22,065		307
Severn Trent PLC		4,169		143
Smith & Nephew PLC		17,143		373
Smiths Group PLC		7,582		171
Spirax-Sarco Engineering PLC		1,303		213
SSE PLC		20,482		416
St. James’s Place PLC		10,248		193
Standard Chartered PLC		50,154		361
Standard Life Aberdeen PLC		45,954		177
Taylor Wimpey PLC		69,788		174

Adviser Managed Trust / Quarterly Report / April 30, 2021 9

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Tesco PLC		147,414	$	451
Unilever PLC		20,161		1,181
United Utilities Group PLC		12,707		170
Vodafone Group PLC		515,418		976
Whitbread PLC		4,136		186
Wm Morrison Supermarkets PLC		43,293		104
WPP PLC		21,843		295
				40,990
United States — 79.8%
Communication Services — 8.6%
Activision Blizzard Inc		41,300		3,766
Alphabet Inc, Cl A *		16,188		38,098
Alphabet Inc, Cl C *		15,659		37,740
Altice USA, Cl A *		11,800		428
AT&T Inc		383,666		12,051
Cable One Inc		237		424
Charter Communications Inc, Cl A *		7,490		5,044
Comcast Corp, Cl A		243,900		13,695
Discovery Inc, Cl C *		16,200		523
Discovery Inc, Cl A *		8,200		309
DISH Network Corp, Cl A *		13,000		582
Electronic Arts Inc		15,400		2,188
Facebook Inc, Cl A *		129,306		42,035
Fox Corp		25,805		957
IAC *		4,049		1,026
Interpublic Group of Cos Inc/The		20,245		643
John Wiley & Sons Inc, Cl A		2,100		120
Liberty Broadband Corp, Cl A *		1,500		236
Liberty Broadband Corp, Cl C *		8,564		1,394
Liberty Media Corp-Liberty Formula One, Cl C *		10,300		483
Liberty Media Corp-Liberty Formula One, Cl A *		1,200		50
Liberty Media Corp-Liberty SiriusXM, Cl A *		4,900		221
Liberty Media -Liberty SiriusXM, Cl C *		9,100		412
Lions Gate Entertainment, Cl A *		2,900		42
Lions Gate Entertainment Corp, Cl B *		5,500		69
Live Nation Entertainment Inc *		7,452		610
Lumen Technologies		57,500		738
Madison Square Garden Entertainment *		939		85
Madison Square Garden Sports *		1,139		211
Match Group *		12,197		1,898
Netflix Inc *		22,900		11,758
New York Times, Cl A		8,600		391
News Corp		7,100		173
News Corp, Cl A		20,500		537
Nexstar Media Group Inc, Cl A		2,230		329
Omnicom Group Inc		11,600		954
Pinterest, Cl A *		21,500		1,427
Playtika Holding *		3,700		103
Roku Inc, Cl A *		5,830		1,999
Sirius XM Holdings		58,801		359

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Spotify Technology *		7,151	$	1,803
Take-Two Interactive Software Inc *		6,100		1,070
Telephone & Data Systems Inc		5,900		136
T-Mobile US Inc *		29,735		3,929
TripAdvisor Inc *		5,900		278
Twitter Inc *		41,800		2,308
United States Cellular Corp *		700		24
Verizon Communications Inc		222,980		12,886
ViacomCBS, Cl B		29,000		1,190
ViacomCBS		500		23
Walt Disney Co/The		97,300		18,100
World Wrestling Entertainment Inc, Cl A		2,700		149
Zillow Group Inc, Cl A *		3,100		413
Zillow Group Inc, Cl C *		8,000		1,041
Zynga, Cl A *		46,127		499
				227,957
Consumer Discretionary — 9.9%
2U Inc *		4,000		157
Advance Auto Parts Inc		3,400		681
Amazon.com Inc *		22,791		79,026
Aramark		12,100		470
AutoNation Inc *		3,000		307
AutoZone Inc *		1,170		1,713
Best Buy Co Inc		12,300		1,430
Booking Holdings Inc *		2,198		5,420
BorgWarner Inc		12,200		593
Bright Horizons Family Solutions Inc *		3,124		452
Brunswick Corp/DE		4,100		439
Burlington Stores Inc *		3,473		1,133
Capri Holdings Ltd *		7,400		408
CarMax Inc *		8,600		1,146
Carnival Corp *		32,289		903
Carter’s Inc		2,500		272
Carvana Co, Cl A *		3,000		856
Chegg *		6,400		578
Chipotle Mexican Grill, Cl A *		1,503		2,243
Choice Hotels International Inc		2,000		228
Columbia Sportswear Co		1,700		185
Darden Restaurants Inc		6,900		1,012
Delphi Automotive PLC *		14,400		2,072
Dick’s Sporting Goods Inc		3,600		297
Dollar General Corp		13,100		2,813
Dollar Tree Inc *		12,600		1,448
Domino’s Pizza Inc		2,183		922
DR Horton Inc		17,606		1,731
eBay Inc		35,300		1,969
Etsy Inc *		6,300		1,252
Expedia Group Inc *		7,200		1,269
Extended Stay America		10,400		207
Five Below Inc *		2,900		584
Floor & Decor Holdings Inc, Cl A *		5,100		566
Foot Locker Inc		6,100		360

10 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Ford Motor Co *		208,900	$	2,411
frontdoor Inc *		5,000		268
Gap Inc/The		10,700		354
Garmin Ltd		8,000		1,098
General Motors Co *		67,500		3,862
Gentex Corp		12,800		450
Genuine Parts Co		7,500		937
Graham Holdings, Cl B		231		147
Grand Canyon Education *		2,739		297
Grubhub *		5,400		367
H&R Block Inc		11,400		254
Hanesbrands Inc		18,100		381
Harley-Davidson Inc		9,000		435
Hasbro Inc		6,731		670
Hilton Worldwide Holdings Inc *		14,800		1,905
Home Depot		57,830		18,718
Hyatt Hotels Corp, Cl A		2,100		173
Kohl’s Corp		8,300		487
L Brands Inc		12,000		791
Las Vegas Sands Corp *		17,700		1,084
Lear Corp		3,139		577
Leggett & Platt		6,867		341
Lennar Corp, Cl A		14,400		1,492
Lennar Corp, Cl B		800		65
Leslie’s *		3,600		102
LKQ Corp *		15,900		743
Lowe’s		39,400		7,732
Lululemon Athletica Inc *		6,127		2,054
Marriott International Inc/MD, Cl A		14,600		2,168
Mattel Inc *		18,000		386
McDonald’s		40,047		9,454
MGM Resorts International		25,800		1,051
Mohawk Industries Inc *		3,035		624
Newell Brands		20,000		539
NIKE Inc, Cl B		66,805		8,860
Nordstrom Inc *		6,400		235
Norwegian Cruise Line Holdings Ltd *		19,132		594
NVR Inc *		174		873
Ollie’s Bargain Outlet Holdings Inc *		3,100		286
O’Reilly Automotive Inc *		3,833		2,119
Peloton Interactive, Cl A *		13,700		1,347
Penske Automotive Group Inc		1,900		167
Planet Fitness, Cl A *		4,700		395
Polaris		3,024		423
Pool Corp		2,082		880
PulteGroup Inc		14,100		834
PVH Corp *		3,700		419
Qurate Retail Inc, Cl A		22,400		267
Ralph Lauren Corp, Cl A		2,400		320
Ross Stores		18,843		2,467
Royal Caribbean Cruises Ltd		10,100		878
Service Corp International/US		8,800		470

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Six Flags Entertainment Corp *		4,500	$	211
Skechers USA, Cl A *		7,870		382
Starbucks		62,800		7,190
Tapestry Inc *		14,400		689
Target Corp		26,900		5,575
Tempur Sealy International Inc		10,940		417
Terminix Global Holdings *		6,900		351
Tesla Inc *		41,190		29,222
Thor Industries		2,800		397
TJX Cos Inc/The		64,900		4,608
Toll Brothers Inc		6,000		376
Tractor Supply		6,200		1,169
Travel + Leisure		4,900		316
Ulta Beauty Inc *		2,900		955
Under Armour Inc, Cl A *		11,100		270
Under Armour Inc, Cl C *		11,200		223
Vail Resorts Inc		2,100		683
VF		17,400		1,525
Vroom *		5,300		245
Wayfair Inc, Cl A *		3,858		1,140
Wendy’s Co/The		10,600		239
Whirlpool Corp		3,247		768
Williams-Sonoma Inc		4,100		700
Wyndham Hotels & Resorts Inc		5,400		395
Wynn Resorts Ltd		5,600		719
Yum China Holdings Inc		21,400		1,347
Yum! Brands Inc		16,200		1,936
				261,441
Consumer Staples — 4.5%
Albertsons		7,800		145
Altria Group Inc		100,600		4,804
Archer-Daniels-Midland Co		29,800		1,881
Beyond Meat *		2,742		361
Boston Beer Co Inc/The, Cl A *		463		563
Brown-Forman Corp, Cl A		2,700		193
Brown-Forman Corp, Cl B		9,600		732
Bunge		7,600		642
Campbell Soup Co		10,300		492
Casey’s General Stores		1,968		437
Church & Dwight Co Inc		13,300		1,140
Clorox Co/The		6,700		1,223
Coca-Cola		208,026		11,229
Coca-Cola European Partners		3,900		222
Colgate-Palmolive Co		45,600		3,680
Conagra Brands Inc		25,900		961
Constellation Brands Inc, Cl A		8,561		2,057
Costco Wholesale Corp		23,717		8,825
Coty Inc, Cl A		13,900		139
Energizer Holdings Inc		3,663		181
Estee Lauder Cos Inc/The, Cl A		12,000		3,766
Flowers Foods Inc		11,500		275
General Mills Inc		32,620		1,985

Adviser Managed Trust / Quarterly Report / April 30, 2021 11

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Grocery Outlet Holding *		4,100	$	166
Hain Celestial Group Inc/The *		4,800		197
Herbalife Nutrition *		5,300		242
Hershey Co/The		7,855		1,290
Hormel Foods Corp		14,900		688
Ingredion Inc		3,500		327
J M Smucker		5,900		773
Kellogg Co		13,300		830
Keurig Dr Pepper Inc		37,285		1,337
Kimberly-Clark		18,300		2,440
Kraft Heinz Co/The		34,600		1,429
Kroger		41,400		1,513
Lamb Weston Holdings Inc		7,700		620
McCormick & Co Inc/MD		13,300		1,202
Molson Coors Beverage, Cl B		9,385		516
Mondelez International Inc, Cl A		75,000		4,561
Monster Beverage Corp *		19,800		1,922
Nu Skin Enterprises Inc, Cl A		3,000		158
PepsiCo Inc		74,714		10,771
Philip Morris International		83,700		7,951
Pilgrim’s Pride Corp *		2,600		62
Post Holdings Inc *		3,300		375
Procter & Gamble Co/The		131,124		17,494
Reynolds Consumer Products		2,900		85
Seaboard Corp		12		43
Spectrum Brands Holdings Inc		2,500		220
Sprouts Farmers Market Inc *		6,900		177
Sysco Corp		26,100		2,211
TreeHouse Foods Inc *		3,300		157
Tyson Foods, Cl A		15,300		1,185
US Foods Holding Corp *		11,610		481
Walgreens Boots Alliance Inc		39,300		2,087
Walmart Inc		74,931		10,484
				119,927
Energy — 2.0%
Antero Midstream		16,900		146
APA		19,874		397
Baker Hughes a GE Co, Cl A		35,900		721
Cabot Oil & Gas Corp		20,565		343
Cheniere Energy *		12,700		985
Chevron Corp		103,634		10,682
Cimarex Energy Co		5,200		344
ConocoPhillips		72,938		3,730
Continental Resources Inc/OK		3,600		98
Devon Energy Corp		30,941		723
Diamondback Energy Inc		9,000		736
EOG Resources		31,300		2,305
EQT Corp *		15,000		287
Equitrans Midstream Corp		24,000		196
Exxon Mobil Corp		227,772		13,038
Halliburton Co		46,600		911
Helmerich & Payne Inc		6,200		159

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Hess Corp		15,000	$	1,118
HollyFrontier		8,800		308
Kinder Morgan Inc/DE		104,766		1,786
Marathon Oil Corp		41,522		467
Marathon Petroleum Corp		34,700		1,931
Murphy Oil Corp		8,600		146
NOV		20,300		303
Occidental Petroleum Corp		44,600		1,131
ONEOK Inc		23,800		1,246
Phillips 66		23,400		1,893
Pioneer Natural Resources Co		10,816		1,664
Schlumberger Ltd		74,700		2,021
Targa Resources Corp		11,600		402
Valero Energy Corp		21,800		1,612
Williams		65,100		1,586
				53,415
Financials — 9.3%
Affiliated Managers Group		2,300		371
Aflac Inc		37,300		2,004
AGNC Investment Corp ‡		30,992		556
Alleghany Corp *		700		475
Allstate Corp/The		16,283		2,065
Ally Financial Inc		19,766		1,017
American Express Co		35,400		5,429
American Financial Group Inc/OH		3,643		447
American International Group Inc		46,900		2,272
American National Group		400		45
Ameriprise Financial Inc		6,300		1,628
Annaly Capital Management Inc ‡		74,849		680
Aon, Cl A		9,563		2,405
Apollo Global Management, Cl A		9,000		498
Arch Capital Group Ltd *		20,800		826
Ares Management, Cl A		5,800		305
Arthur J Gallagher & Co		10,200		1,478
Associated Banc-Corp		8,900		195
Assurant Inc		3,035		472
Assured Guaranty Ltd		4,900		249
Athene Holding Ltd, Cl A *		5,940		354
Axis Capital Holdings Ltd		4,900		273
Bank of America Corp		416,300		16,873
Bank of Hawaii Corp		2,300		209
Bank of New York Mellon Corp/The		43,400		2,165
Bank OZK		7,200		295
Berkshire Hathaway Inc, Cl B *		101,309		27,855
BlackRock Inc, Cl A		7,873		6,450
BOK Financial Corp		1,800		158
Brighthouse Financial Inc *		4,583		214
Brown & Brown Inc		13,300		707
Capital One Financial Corp		24,300		3,623
Carlyle Group		6,900		294
Cboe Global Markets Inc		5,700		595
Charles Schwab Corp/The		74,580		5,250

12 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Chubb		24,300	$	4,170
Cincinnati Financial Corp		8,200		924
Citigroup		112,000		7,979
Citizens Financial Group Inc		22,600		1,046
CME Group Inc, Cl A		19,200		3,878
CNA Financial Corp		1,400		66
Comerica		7,200		541
Commerce Bancshares Inc/MO		5,546		432
Credit Acceptance Corp *		572		226
Cullen/Frost Bankers Inc		2,900		348
Discover Financial Services		16,400		1,870
East West Bancorp		7,471		569
Equitable Holdings		21,059		721
Erie Indemnity Co, Cl A		1,300		278
Evercore Inc, Cl A		2,300		322
Everest Re Group Ltd		2,200		609
FactSet Research Systems Inc		1,972		663
Fidelity National Financial Inc		14,400		657
Fifth Third Bancorp		38,000		1,540
First American Financial		6,400		413
First Citizens BancShares, Cl A		349		303
First Hawaiian Inc		7,600		209
First Horizon National Corp		28,900		529
First Republic Bank/CA		9,241		1,693
FNB Corp/PA		19,000		245
Franklin Resources Inc		14,239		427
Globe Life		5,400		553
Goldman Sachs Group Inc/The		17,914		6,242
Hanover Insurance Group Inc/The		1,900		263
Hartford Financial Services Group Inc/The		19,200		1,266
Huntington Bancshares Inc/OH		55,200		846
Interactive Brokers Group, Cl A		4,200		300
Intercontinental Exchange Inc		29,935		3,524
Invesco Ltd		19,900		537
Jefferies Financial Group		11,000		358
JPMorgan Chase & Co		163,070		25,082
Kemper Corp		3,600		281
KeyCorp		51,700		1,125
KKR		29,000		1,641
Lazard Ltd, Cl A (A)		5,900		265
Lemonade *		1,700		154
LendingTree Inc *		453		94
Lincoln National		10,073		646
Loews		12,243		683
LPL Financial Holdings Inc		4,100		642
M&T Bank Corp		7,000		1,104
Markel *		720		847
MarketAxess Holdings Inc		1,959		957
Marsh & McLennan Cos Inc		27,324		3,708
Mercury General		1,300		81
MetLife		41,200		2,622
MGIC Investment Corp		19,900		303

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Moody’s Corp		8,800	$	2,875
Morgan Stanley		75,143		6,203
Morningstar Inc		1,237		328
MSCI Inc, Cl A		4,400		2,137
Nasdaq Inc		6,034		975
New Residential Investment Corp ‡		24,400		262
New York Community Bancorp Inc		26,500		317
Northern Trust Corp		10,300		1,172
Old Republic International Corp		14,800		364
OneMain Holdings, Cl A		3,800		216
PacWest Bancorp		6,900		300
People’s United Financial Inc		22,200		402
Pinnacle Financial Partners Inc		3,853		338
PNC Financial Services Group Inc/The		22,900		4,281
Popular Inc		4,300		318
Primerica Inc		2,300		367
Principal Financial Group Inc		14,500		926
Progressive Corp/The		31,600		3,183
Prosperity Bancshares Inc		4,700		345
Prudential Financial Inc		21,400		2,148
Raymond James Financial Inc		6,500		850
Regions Financial Corp		51,100		1,114
Reinsurance Group of America Inc, Cl A		3,600		470
RenaissanceRe Holdings Ltd		2,862		483
Rocket, Cl A		5,600		126
S&P Global Inc		13,055		5,097
Santander Consumer USA Holdings Inc		3,700		126
Signature Bank/New York NY		3,000		755
SLM Corp		17,600		346
Starwood Property Trust Inc ‡		14,300		369
State Street Corp		18,900		1,587
Sterling Bancorp/DE		11,400		286
SVB Financial Group *		2,774		1,586
Synchrony Financial		31,100		1,360
Synovus Financial Corp		7,700		361
T Rowe Price Group		12,200		2,186
TCF Financial		7,900		360
TFS Financial Corp		2,400		47
Tradeweb Markets, Cl A		4,800		390
Travelers Cos Inc/The		13,800		2,134
Truist Financial		72,800		4,318
Umpqua Holdings		13,000		242
Unum Group		12,000		339
Upstart Holdings *		700		76
US Bancorp		73,500		4,362
Virtu Financial Inc, Cl A		3,700		110
Voya Financial Inc		6,600		448
Webster Financial Corp		5,274		279
Wells Fargo & Co		204,100		9,195
Western Alliance Bancorp		5,100		536
White Mountains Insurance Group Ltd		122		142
Willis Towers Watson PLC		9,769		2,529

Adviser Managed Trust / Quarterly Report / April 30, 2021 13

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Wintrust Financial Corp		3,400	$	262
WR Berkley Corp		7,261		579
Zions Bancorp NA		8,501		474
				244,895
Health Care — 10.4%
10X Genomics, Cl A *		3,200		633
Abbott Laboratories		93,000		11,167
AbbVie Inc		94,800		10,570
ABIOMED Inc *		2,327		746
Acadia Healthcare Co Inc *		5,200		317
ACADIA Pharmaceuticals Inc *		6,400		132
Acceleron Pharma Inc *		2,900		362
Adaptive Biotechnologies *		4,200		175
Agilent Technologies Inc		16,600		2,218
Agios Pharmaceuticals *		3,600		201
Alexion Pharmaceuticals Inc *		11,400		1,923
Align Technology Inc *		4,170		2,483
Alnylam Pharmaceuticals Inc *		6,100		858
Amedisys Inc *‡		1,800		486
AmerisourceBergen Corp, Cl A		7,700		930
Amgen Inc		31,291		7,499
Anthem Inc		13,439		5,099
Avantor *		25,397		814
Baxter International Inc		27,410		2,349
Becton Dickinson and Co		15,467		3,848
Berkeley Lights *		1,100		54
Biogen Inc *		8,276		2,212
BioMarin Pharmaceutical Inc *		9,600		748
Bio-Rad Laboratories Inc, Cl A *		1,157		729
Bio-Techne Corp		2,075		887
Bluebird Bio Inc *		3,800		114
Boston Scientific Corp *		77,100		3,362
Bristol-Myers Squibb		121,800		7,603
Bruker Corp		5,400		370
Cardinal Health		15,500		935
Catalent Inc *		9,000		1,012
Centene Corp *		30,900		1,908
Cerner Corp		16,300		1,223
Change Healthcare *		14,300		328
Charles River Laboratories International Inc *		2,548		847
Chemed Corp		815		388
Cigna Corp		18,438		4,591
Cooper Cos Inc/The		2,554		1,049
CVS Health		70,800		5,409
Danaher Corp		33,664		8,549
DaVita Inc *		3,943		459
DENTSPLY SIRONA Inc		11,600		783
Dexcom *		4,963		1,916
Edwards Lifesciences Corp *		33,300		3,181
Elanco Animal Health Inc *		22,726		721
Eli Lilly		45,300		8,280

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Encompass Health Corp		5,700	$	484
Envista Holdings *		8,300		359
Exact Sciences *		7,982		1,052
Exelixis Inc *		17,900		441
Gilead Sciences Inc		68,000		4,316
Global Blood Therapeutics Inc *		3,400		139
Globus Medical Inc, Cl A *		4,400		316
Guardant Health *		4,343		690
Haemonetics Corp *		2,900		195
HCA Healthcare Inc		14,342		2,884
Henry Schein Inc *		7,500		544
Hill-Rom Holdings Inc		3,500		386
Hologic Inc *		13,700		898
Horizon Therapeutics *		10,372		981
Humana		6,872		3,060
ICU Medical Inc *		1,142		238
IDEXX Laboratories *		4,500		2,470
Illumina Inc *		7,878		3,095
Incyte *		9,700		828
Insulet Corp *		3,438		1,015
Integra LifeSciences Holdings Corp *		4,200		311
Intuitive Surgical Inc *		6,247		5,404
Ionis Pharmaceuticals Inc *		7,644		327
Iovance Biotherapeutics Inc *		8,000		252
IQVIA Holdings Inc *		10,200		2,394
Johnson & Johnson		141,923		23,095
Laboratory Corp of America Holdings *		5,200		1,383
Maravai LifeSciences Holdings, Cl A *		3,300		128
Masimo *		2,542		591
McKesson Corp		8,700		1,632
Medtronic PLC		72,200		9,452
Merck & Co Inc		135,900		10,125
Mettler-Toledo International Inc *		1,267		1,664
Moderna Inc *		15,400		2,754
Molina Healthcare Inc *		3,139		801
Nektar Therapeutics, Cl A *		10,200		200
Neurocrine Biosciences Inc *		4,800		454
Novocure Ltd *		5,600		1,143
Oak Street Health *		4,700		290
Penumbra Inc *		1,732		530
PerkinElmer Inc		5,900		765
Pfizer Inc		299,167		11,563
PPD *		7,200		333
PRA Health Sciences *		3,300		551
Premier Inc, Cl A		6,200		219
QIAGEN *		11,800		568
Quest Diagnostics Inc		7,100		936
Quidel Corp *		2,170		227
Reata Pharmaceuticals Inc, Cl A *		1,372		139
Regeneron Pharmaceuticals Inc *		5,205		2,505
Repligen Corp *		2,800		593
ResMed		7,738		1,455

14 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Royalty Pharma, Cl A		17,000	$	748
Sage Therapeutics *		3,000		236
Sarepta Therapeutics *		4,121		292
Seagen *		6,950		999
Sotera Health *		2,500		64
STERIS PLC		4,600		971
Stryker Corp		18,600		4,885
Syneos Health Inc, Cl A *		3,700		314
Tandem Diabetes Care Inc *		3,400		312
Teladoc Health Inc *		5,931		1,022
Teleflex Inc		2,441		1,031
Thermo Fisher Scientific		21,279		10,006
United Therapeutics Corp *		2,200		443
UnitedHealth Group Inc		50,761		20,244
Universal Health Services Inc, Cl B		3,900		579
Veeva Systems Inc, Cl A *		7,259		2,050
Vertex Pharmaceuticals Inc *		14,000		3,055
Viatris, Cl W *		64,466		857
Waters Corp *		3,264		979
West Pharmaceutical Services Inc		3,934		1,292
Zimmer Biomet Holdings Inc		11,100		1,966
Zoetis Inc, Cl A		25,764		4,458
				274,446
Industrials — 7.3%
3M		30,400		5,993
A O Smith		7,000		474
Acuity Brands Inc		1,900		352
ADT Inc		5,400		50
AECOM *		7,900		525
AGCO		3,261		476
Air Lease Corp, Cl A		6,279		293
Alaska Air Group Inc		6,300		436
Allegion PLC		4,800		645
Allison Transmission Holdings Inc		6,600		274
AMERCO		462		276
American Airlines Group Inc *		32,794		712
AMETEK Inc		12,400		1,673
Armstrong World Industries Inc		2,800		290
Array Technologies *		4,600		129
Axon Enterprise Inc *		3,300		500
AZEK, Cl A *		4,700		227
Boeing *		28,700		6,725
Booz Allen Hamilton Holding, Cl A		7,100		589
BWX Technologies Inc, Cl W		5,600		375
CACI International Inc, Cl A *		1,400		357
Carlisle Cos Inc		2,700		517
Carrier Global		47,321		2,062
Caterpillar Inc		29,141		6,647
CH Robinson Worldwide Inc		7,000		680
Cintas Corp		4,742		1,637
Clean Harbors Inc *		3,000		267
Colfax *		5,800		262

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Copart *		11,300	$	1,407
CoreLogic Inc/United States		4,100		327
CoStar Group Inc *		2,082		1,779
Crane Co		2,900		273
CSX Corp		41,300		4,161
Cummins Inc		7,900		1,991
Curtiss-Wright Corp		2,400		307
Deere		15,255		5,657
Delta Air Lines Inc *		34,100		1,600
Donaldson Co Inc		6,700		421
Dover Corp		7,646		1,141
Dun & Bradstreet Holdings *		5,000		119
Emerson Electric		32,100		2,905
Equifax Inc		6,500		1,490
Expeditors International of Washington Inc		9,000		989
Fastenal Co		30,800		1,610
FedEx Corp		13,060		3,791
Flowserve Corp		7,700		305
Fortive Corp		15,900		1,126
Fortune Brands Home & Security Inc		7,300		766
FTI Consulting Inc *		2,100		292
Gates Industrial Corp PLC *		2,200		38
Generac Holdings *		3,200		1,037
General Dynamics Corp		13,548		2,577
General Electric Co		467,139		6,129
Graco Inc		8,700		668
GrafTech International Ltd		8,300		106
HEICO Corp		2,600		366
HEICO Corp, Cl A		4,100		518
Hexcel Corp *		4,900		276
Honeywell International Inc		37,800		8,431
Howmet Aerospace *		20,700		662
Hubbell Inc, Cl B		2,800		538
Huntington Ingalls Industries Inc		2,100		446
IAA *		6,979		438
IDEX		4,049		908
IHS Markit Ltd		21,200		2,281
Illinois Tool Works Inc		16,994		3,916
Ingersoll Rand *		18,400		909
ITT Inc		4,547		429
Jacobs Engineering Group		6,700		895
JB Hunt Transport Services Inc		4,428		756
JetBlue Airways Corp *		15,900		324
Johnson Controls International plc		39,100		2,437
Kansas City Southern		5,000		1,461
Kirby Corp *		3,500		223
Knight-Swift Transportation Holdings Inc, Cl A		7,400		349
L3Harris Technologies		11,269		2,358
Landstar System Inc		2,200		379
Leidos Holdings Inc		7,400		749
Lennox International Inc		1,953		655

Adviser Managed Trust / Quarterly Report / April 30, 2021 15

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Lincoln Electric Holdings Inc		3,033	$	388
Lockheed Martin Corp		13,404		5,101
Lyft, Cl A *		13,100		729
Macquarie Infrastructure Corp		4,300		143
ManpowerGroup Inc		3,433		415
Masco Corp		14,000		894
Mercury Systems Inc *		3,200		241
Middleby Corp/The *		2,900		526
MSA Safety Inc		2,100		338
MSC Industrial Direct Co Inc, Cl A		2,600		234
Nielsen Holdings PLC		18,800		482
Nordson Corp		3,100		655
Norfolk Southern		13,465		3,760
Northrop Grumman Corp		8,438		2,991
nVent Electric PLC		9,100		277
Old Dominion Freight Line Inc		5,200		1,341
Oshkosh Corp		3,600		448
Otis Worldwide		22,000		1,713
Owens Corning		5,600		542
PACCAR Inc		18,200		1,636
Parker-Hannifin Corp		6,936		2,177
Quanta Services Inc		7,200		696
Raytheon Technologies		76,600		6,376
Regal Beloit Corp		2,100		303
Republic Services Inc, Cl A		11,228		1,193
Robert Half International Inc		5,900		517
Rockwell Automation Inc		6,242		1,649
Rollins Inc		11,550		431
Roper Technologies		5,657		2,525
Ryder System Inc		3,100		247
Schneider National Inc, Cl B		3,500		85
Science Applications International		3,400		304
Sensata Technologies Holding PLC *		8,000		462
Shoals Technologies Group, Cl A *		4,400		141
Snap-on		3,000		713
Southwest Airlines Co *		31,700		1,990
Spirit AeroSystems Holdings Inc, Cl A		6,200		283
Stanley Black & Decker Inc		8,300		1,716
Stericycle Inc *		5,358		409
Teledyne Technologies *		1,951		874
Textron Inc		12,000		771
Timken Co/The		3,700		310
Toro		5,600		642
Trane Technologies		13,039		2,267
TransDigm Group *		2,779		1,706
TransUnion		10,200		1,067
Trex Co Inc *		6,100		659
Trinity Industries		5,300		146
Uber Technologies *		74,600		4,086
Union Pacific Corp		36,049		8,006
United Continental Holdings Inc *		15,811		860
United Parcel Service Inc, Cl B		38,535		7,856

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
United Rentals Inc *		3,839	$	1,228
Univar Solutions *		9,800		229
Valmont Industries Inc		1,247		308
Verisk Analytics, Cl A		8,554		1,610
Vertiv Holdings, Cl A		12,900		293
Virgin Galactic Holdings *		2,938		65
Waste Management Inc		22,800		3,146
Watsco Inc		1,639		480
Westinghouse Air Brake Technologies		9,600		788
Woodward		2,900		362
WW Grainger Inc		2,324		1,007
XPO Logistics Inc *		4,800		668
Xylem Inc/NY		9,500		1,051
				192,715
Information Technology — 21.0%
Adobe Inc *		25,907		13,170
Advanced Micro Devices Inc *		51,500		4,203
Akamai Technologies Inc *		8,600		935
Allegro MicroSystems *		2,100		52
Alliance Data Systems Corp		2,800		330
Alteryx Inc, Cl A *		3,083		252
Amdocs Ltd		6,800		522
Amphenol Corp, Cl A		31,872		2,146
Analog Devices Inc		13,627		2,087
Anaplan Inc *		7,100		423
ANSYS Inc *		4,624		1,691
Apple		852,764		112,104
Applied Materials Inc		49,600		6,582
Arista Networks Inc *		3,138		989
Arrow Electronics Inc *		3,900		445
Aspen Technology Inc *		3,500		458
Atlassian Corp PLC, Cl A *		7,000		1,663
Autodesk Inc *		11,900		3,474
Automatic Data Processing Inc		23,300		4,357
Avalara *		4,335		614
Avnet Inc		5,800		255
BigCommerce Holdings *		2,200		132
Bill.com Holdings *		3,900		603
Black Knight Inc *		8,500		616
Broadcom Inc		21,256		9,697
Broadridge Financial Solutions Inc		6,100		968
Cadence Design Systems Inc *		15,035		1,981
CDK Global Inc		6,400		343
CDW Corp/DE		7,540		1,345
Ceridian HCM Holding Inc *		6,200		586
Ciena Corp *		8,100		409
Cirrus Logic Inc *		3,400		253
Cisco Systems Inc		228,447		11,630
Citrix Systems		6,497		805
Cloudflare, Cl A *		5,800		491
Cognex Corp		9,300		801
Cognizant Technology Solutions Corp, Cl A		28,800		2,315

16 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Coherent Inc *		1,400	$	364
CommScope Holding Co Inc *		11,400		188
Concentrix *		2,400		373
Corning		40,300		1,782
Coupa Software Inc *		3,563		959
Cree *		5,800		577
Crowdstrike Holdings, Cl A *		8,200		1,710
CyberArk Software *		600		84
Datadog, Cl A *		8,100		695
Dell Technologies Inc, Cl C *		14,200		1,396
DocuSign, Cl A *		9,556		2,130
Dolby Laboratories Inc, Cl A		3,700		375
Dropbox, Cl A *		12,785		329
Duck Creek Technologies *		3,700		154
DXC Technology Co		13,300		438
Dynatrace *		10,221		532
EchoStar Corp, Cl A *		2,800		68
Elastic *		3,200		386
Enphase Energy Inc *		5,800		808
Entegris Inc		7,200		811
EPAM Systems Inc *		2,800		1,282
Euronet Worldwide Inc *		2,600		373
Everbridge Inc *		2,049		272
F5 Networks Inc *		3,240		605
Fair Isaac Corp *		1,500		782
Fastly, Cl A *		4,300		275
Fidelity National Information Services Inc		33,400		5,107
FireEye Inc *		12,900		256
First Solar *		4,900		375
Fiserv Inc *		30,800		3,700
Five9 *		3,200		601
FleetCor Technologies Inc *		4,400		1,266
FLIR Systems Inc		6,800		408
Fortinet Inc *		7,046		1,439
Gartner Inc *		4,634		908
Genpact Ltd		9,879		470
Global Payments		16,069		3,449
Globant *		2,163		496
GoDaddy Inc, Cl A *		8,900		773
Guidewire Software Inc *		4,400		464
Hewlett Packard Enterprise Co		69,100		1,107
HP Inc		69,100		2,357
HubSpot Inc *		2,200		1,158
Intel Corp		220,725		12,698
International Business Machines Corp		47,727		6,771
Intuit Inc		13,640		5,622
IPG Photonics Corp *		2,054		446
Jabil Inc		7,699		404
Jack Henry & Associates		4,059		661
Jamf Holding *		2,000		73
Juniper Networks Inc		17,351		440
Keysight Technologies *		10,000		1,443

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
KLA		8,349	$	2,633
Lam Research Corp		7,659		4,752
Littelfuse Inc		1,371		364
Lumentum Holdings *		4,000		340
Manhattan Associates Inc *		3,300		453
Marvell Technology		41,408		1,872
Mastercard Inc, Cl A		47,530		18,159
Maxim Integrated Products Inc		24,893		2,340
Medallia *		4,800		142
Microchip Technology Inc		13,500		2,029
Micron Technology Inc *		60,205		5,182
Microsoft Corp		403,192		101,677
MKS Instruments Inc		2,800		501
MongoDB, Cl A *		2,713		807
Monolithic Power Systems Inc		2,312		835
Motorola Solutions Inc		9,152		1,723
National Instruments Corp		7,559		313
nCino *		2,300		150
NCR Corp *		7,500		343
NetApp Inc		11,700		874
New Relic Inc *		3,000		193
NortonLifeLock		29,000		627
Nuance Communications Inc *		14,809		787
Nutanix Inc, Cl A *		10,500		284
NVIDIA Corp		31,800		19,092
Okta, Cl A *		6,137		1,655
ON Semiconductor Corp *		21,500		838
Oracle Corp		99,067		7,508
PagerDuty *		4,000		170
Palo Alto Networks Inc *		5,100		1,802
Paychex Inc		17,236		1,680
Paycom Software Inc *		2,659		1,022
Paylocity Holding Corp *		2,045		395
PayPal Holdings *		63,251		16,590
Pegasystems Inc		2,300		292
Proofpoint Inc *		3,300		568
PTC Inc *		5,500		720
Pure Storage Inc, Cl A *		14,200		287
Qorvo Inc *		6,044		1,137
QUALCOMM Inc		60,504		8,398
RingCentral, Cl A *		4,249		1,355
Sabre Corp *		16,200		243
salesforce.com Inc *		45,900		10,572
ServiceNow Inc *		10,470		5,302
Skyworks Solutions Inc		8,943		1,622
Slack Technologies, Cl A *		43,200		1,832
Smartsheet, Cl A *		6,504		386
SolarEdge Technologies *		2,555		673
SolarWinds Corp *		2,300		39
Splunk *		8,541		1,080
Square Inc, Cl A *		20,000		4,896
SS&C Technologies Holdings		11,900		883

Adviser Managed Trust / Quarterly Report / April 30, 2021 17

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
StoneCo, Cl A *		10,500	$	679
Switch, Cl A		4,300		80
SYNNEX Corp		2,400		291
Synopsys Inc *		8,200		2,026
Teradata Corp *		6,500		322
Teradyne Inc		8,800		1,101
Texas Instruments Inc		49,400		8,917
Trade Desk Inc/The, Cl A *		2,200		1,604
Trimble Inc *		13,256		1,087
Twilio, Cl A *		7,635		2,808
Tyler Technologies Inc *		2,079		883
Ubiquiti		457		130
Unity Software *		1,600		163
Universal Display Corp		2,215		495
VeriSign Inc *		5,357		1,172
Viasat *		3,400		176
Visa Inc, Cl A		90,920		21,235
VMware, Cl A *		4,358		701
Vontier		7,000		219
Western Digital Corp *		16,200		1,144
Western Union Co/The		21,400		551
WEX Inc *		2,517		516
Workday Inc, Cl A *		9,549		2,359
Xerox Holdings		8,700		210
Xilinx		21,122		2,703
Zebra Technologies Corp, Cl A *		2,800		1,366
Zendesk Inc *		6,200		906
Zoom Video Communications, Cl A *		9,400		3,004
Zscaler Inc *		3,900		732
				556,364
Materials — 2.3%
Air Products & Chemicals Inc		11,900		3,433
Albemarle Corp		6,200		1,043
Amcor		83,900		986
AptarGroup Inc		3,300		498
Ardagh Group SA, Cl A		900		24
Ashland Global Holdings Inc		3,300		285
Avery Dennison		4,400		942
Axalta Coating Systems Ltd *		11,000		351
Ball		17,122		1,603
Berry Global Group Inc *		6,973		444
Cabot Corp		3,300		181
Celanese Corp, Cl A		6,200		971
CF Industries Holdings Inc		11,109		540
Chemours Co/The		9,600		290
Corteva		40,300		1,965
Crown Holdings Inc		6,800		747
Dow Inc		40,000		2,500
DuPont de Nemours		29,273		2,257
Eagle Materials Inc		2,400		332
Eastman Chemical Co		7,200		831
Ecolab Inc		13,400		3,003

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Element Solutions Inc		12,800	$	280
FMC Corp		7,242		856
Freeport-McMoRan		78,100		2,945
Graphic Packaging Holding Co		13,900		258
Huntsman Corp		11,800		338
International Flavors & Fragrances Inc		13,186		1,875
International Paper Co		21,000		1,218
Linde		28,229		8,069
LyondellBasell Industries NV, Cl A		13,700		1,421
Martin Marietta Materials		3,354		1,184
Mosaic Co/The		18,000		633
NewMarket Corp		348		121
Newmont		43,300		2,702
Nucor Corp		16,000		1,316
Olin Corp		8,400		362
Packaging Corp of America		5,100		753
PPG Industries Inc		12,826		2,196
Reliance Steel & Aluminum Co		3,300		529
Royal Gold Inc		3,700		414
RPM International Inc		6,742		639
Scotts Miracle-Gro Co/The, Cl A		2,100		485
Sealed Air Corp		8,100		400
Sherwin-Williams Co/The		13,200		3,615
Silgan Holdings		4,673		197
Sonoco Products Co		5,900		386
Southern Copper Corp		4,300		299
Steel Dynamics		10,419		565
Valvoline Inc		10,900		342
Vulcan Materials		7,100		1,266
W R Grace		3,300		227
Westlake Chemical		1,960		184
Westrock		13,478		751
				60,052
Real Estate — 2.5%
Alexandria Real Estate Equities Inc ‡		7,200		1,304
American Campus Communities Inc ‡		8,100		366
American Homes 4 Rent, Cl A ‡		15,296		567
American Tower, Cl A ‡		23,715		6,042
Americold Realty Trust ‡		11,800		477
Apartment Income ‡		7,675		346
Apartment Investment and Management, Cl A ‡		8,875		62
Apple Hospitality Inc ‡		12,300		195
AvalonBay Communities Inc ‡		7,600		1,459
Boston Properties Inc ‡		8,027		878
Brandywine Realty Trust ‡		9,900		134
Brixmor Property Group Inc ‡		17,400		389
Brookfield Property Inc, Cl A ‡		2,800		50
Camden Property Trust ‡		5,300		638
CBRE Group Inc, Cl A *		17,800		1,517
CoreSite Realty Corp ‡		2,400		292
Corporate Office Properties Trust ‡		6,600		185

18 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Cousins Properties ‡		8,674	$	318
Crown Castle International Corp ‡		22,448		4,244
CubeSmart ‡		10,100		428
CyrusOne Inc ‡		6,800		495
Digital Realty Trust Inc ‡		15,246		2,353
Douglas Emmett Inc ‡		9,800		329
Duke Realty Corp ‡		19,600		912
Empire State Realty Trust Inc, Cl A ‡		7,100		81
EPR Properties ‡		4,574		218
Equinix Inc ‡		4,745		3,420
Equity Commonwealth ‡		6,888		198
Equity LifeStyle Properties Inc ‡		8,800		611
Equity Residential ‡		19,600		1,455
Essex Property Trust Inc ‡		3,475		1,010
Extra Space Storage Inc ‡		6,700		996
Federal Realty Investment Trust ‡		4,000		451
First Industrial Realty Trust Inc ‡		7,400		368
Gaming and Leisure Properties Inc ‡		12,242		569
Healthcare Trust of America Inc, Cl A ‡		12,800		376
Healthpeak Properties ‡		28,624		983
Highwoods Properties Inc ‡		6,100		273
Host Hotels & Resorts Inc ‡		36,547		664
Howard Hughes Corp/The *		2,300		248
Hudson Pacific Properties Inc ‡		8,800		247
Invitation Homes Inc ‡		29,800		1,045
Iron Mountain ‡		15,203		610
JBG SMITH Properties ‡		7,200		235
Jones Lang LaSalle Inc		2,700		507
Kilroy Realty Corp ‡		6,000		411
Kimco Realty ‡		21,700		456
Lamar Advertising Co, Cl A ‡		4,500		446
Life Storage Inc ‡		4,095		393
Medical Properties Trust Inc ‡		30,587		674
Mid-America Apartment Communities ‡		6,000		944
National Retail Properties ‡		9,100		422
Omega Healthcare Investors Inc ‡		11,900		452
Outfront Media Inc ‡		8,500		207
Paramount Group Inc ‡		9,200		98
Park Hotels & Resorts ‡		12,200		272
Prologis Inc ‡		39,800		4,638
Public Storage ‡		8,100		2,277
Rayonier Inc ‡		8,000		290
Realty Income Corp ‡		19,900		1,376
Regency Centers Corp ‡		8,900		567
Rexford Industrial Realty ‡		6,800		378
SBA Communications Corp, Cl A ‡		5,900		1,768
Simon Property Group Inc ‡		17,300		2,106
SL Green Realty ‡		4,095		303
Spirit Realty Capital Inc ‡		6,100		290
STORE Capital Corp ‡		13,200		472
Sun Communities Inc ‡		5,400		901
UDR Inc ‡		14,800		687

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Ventas Inc ‡		19,800	$	1,098
VEREIT ‡		11,516		551
VICI Properties Inc ‡		28,600		907
Vornado Realty Trust ‡		9,175		420
Weingarten Realty Investors ‡		7,100		230
Welltower ‡		22,600		1,696
Weyerhaeuser Co ‡		40,000		1,551
WP Carey Inc ‡		9,700		726
				66,552
Utilities — 2.0%
AES Corp/VA		35,097		976
Alliant Energy Corp		13,200		742
Ameren Corp		13,100		1,111
American Electric Power Co Inc		26,627		2,362
American Water Works		9,800		1,529
Atmos Energy Corp		6,600		684
Avangrid Inc		3,300		168
CenterPoint Energy		28,508		698
CMS Energy Corp		15,200		979
Consolidated Edison Inc		17,900		1,386
Dominion Energy Inc		44,000		3,516
DTE Energy		10,300		1,442
Duke Energy		39,700		3,997
Edison International		19,100		1,136
Entergy Corp		10,700		1,169
Essential Utilities		11,700		551
Evergy Inc		12,000		768
Eversource Energy		18,500		1,595
Exelon Corp		52,400		2,355
FirstEnergy Corp		28,800		1,092
Hawaiian Electric Industries		6,300		271
IDACORP Inc		3,000		307
MDU Resources Group		11,700		392
National Fuel Gas		4,900		243
NextEra Energy		105,272		8,160
NiSource Inc		19,852		517
NRG Energy Inc		12,700		455
OGE Energy		10,474		352
PG&E *		73,612		833
Pinnacle West Capital Corp		6,000		508
PPL Corp		41,100		1,197
Public Service Enterprise Group		27,200		1,718
Sempra Energy		15,600		2,146
Southern Co/The		57,100		3,778
UGI Corp		11,000		481
Vistra		25,550		431
WEC Energy Group		17,200		1,671

Adviser Managed Trust / Quarterly Report / April 30, 2021 19

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Equity Fund (Concluded)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Xcel Energy Inc		28,726	$	2,048
				53,764
				2,111,528
Total Common Stock (Cost $1,900,138) ($ Thousands)				2,442,375
PREFERRED STOCK — 0.1%
Germany — 0.1%
Bayerische Motoren Werke AG (B)		1,314		108
FUCHS PETROLUB SE (B)		1,607		86
Henkel AG & Co KGaA (B)		3,530		406
Porsche Automobil Holding SE (B)		2,908		306
Sartorius AG (B)		659		372
Volkswagen AG (B)		3,553		927
Total Preferred Stock (Cost $1,514) ($ Thousands)				2,205
EXCHANGE TRADED FUND — 0.0%
United States — 0.0%
SPDR S&P 500 Trust		752		314
Total Exchange Traded Fund (Cost $100) ($ Thousands)				314
	Number of Rights
RIGHTS — 0.0%
Germany — 0.0%
Scout24 *^		2		–

Description	Number of Rights		Market Value ($ Thousands)
RIGHTS (continued)
Switzerland — 0.0%
Credit Suisse, Expires 05/06/2021 *		45	$	2
United States — 0.0%
Newstar Financial *^(C)		4		2
Tobira Therapeutics, Expires 12/31/2028 *(C)		1		–
				2
Total Rights (Cost $—) ($ Thousands)				4
	Number of Warrants
WARRANTS — 0.0%
United States — 0.0%
Occidental Petroleum, Expires 08/03/2027 *		1		–
Total Warrants (Cost $—) ($ Thousands)				–
	Shares
CASH EQUIVALENT — 0.4%
SEI Daily Income Trust, Government Fund, Cl F
0.010% **†		10,520,907		10,521
Total Cash Equivalent (Cost $10,521) ($ Thousands)				10,521
Total Investments — 92.8% (Cost $1,912,273) ($ Thousands)			$	2,455,419

A list of the open futures contracts held by the Fund at April 30, 2021, is as follows:

Type of Contract	Number of Contracts Long/		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
MSCI EAFE Index		68		Jun-2021	$	7,538	$	7,681	$	143
MSCI Emerging Markets		1,237		Jun-2021		83,042		82,681		(361	)
NASDAQ 100 Index E-MINI		5		Jun-2021		1,297		1,385		88
Russell 2000 Index E-MINI		782		Jun-2021		91,722		88,425		(3,297	)
S&P 500 Index E-MINI		91		Jun-2021		18,129		18,994		865
S&P Mid Cap 400 Index E-MINI		4		Jun-2021		1,049		1,088		39
					$	202,777	$	200,254	$	(2,523	)

20 Adviser Managed Trust / Quarterly Report / April 30, 2021

Percentages are based on a Net Assets of $2,646,965 ($ Thousands).

* Non-income producing security.

** Rate shown is the 7-day effective yield as of April 30, 2021.

^‡  Real Estate Investment Trust.

^ Expiration date unavailable.

^†  Investment in Affiliated Security.

(A) Security is a Master Limited Partnership. At April 30, 2021, such securities amounted to $265 ($ Thousands), or 0.0% of Net Assets.

(B) There is currently no rate available.

(C) Level 3 security in accordance with fair value hierarchy.

ADR — American Depositary Receipt

Cl — Class

EAFE — Europe, Australasia and Far East

LTD — Limited

MSCI — Morgan Stanley Capital International

NASDAQ – National Association of Securities Dealers and Automated Quotations

PLC — Public Limited Company

S&P— Standard & Poor’s

SPDR — Standard & Poor’s Depository Receipt

The following is a list of the level of inputs used as of April 30, 2021 in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1     ($)		Level 2     ($)		Level 3(1)     ($)		Total     ($)
Common Stock		2,442,323		52		–		2,442,375
Preferred Stock		2,205		–		–		2,205
Exchange Traded Fund		314		–		–		314
Rights		2		–		2		4
Warrants		–(2)		–		–		–
Cash Equivalent		10,521		–		–		10,521
Total Investments in Securities		2,455,365		52		2		2,455,419

Other Financial Instruments	Level 1     ($)		Level 2     ($)		Level 3     ($)		Total     ($)
Futures Contracts *
Unrealized Appreciation		1,135		—		—		1,135
Unrealized Depreciation		(3,658)		—		—		(3,658)
Total Other Financial Instruments		(2,523)		—		—		(2,523)

* Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

(1) A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

(2) This category includes securities with a value of $0.

For the period ended April 30, 2021, there were no transfers in or out of Level 3.

The following is a summary of the transactions the Fund had with affiliates for the period ended April 30, 2021 ($ Thousands):

Security Description	Value 7/31/2020	Purchases at Cost	Proceeds from Sales	Realized Gain (Loss)	Change in Unrealized Appreciation (Depreciation)	Value 4/30/2021	Shares	Dividend Income	Capital Gains
SEI Daily Income Trust, Government Fund, Cl F	$ —	$ 71,355	$ (60,834)	$ —	$ —	$ 10,521	10,520,907	$ —	$ —

Amounts designated as “—” are either $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

Adviser Managed Trust / Quarterly Report / April 30, 2021 21

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund

Description	Face Amount (Thousands)		Market Value ($ Thousands)
U.S. TREASURY OBLIGATIONS — 34.0%
U.S. Treasury Bonds
4.250%, 05/15/2039	$	1,000	$	1,333
3.625%, 02/15/2044		6,500		8,141
3.375%, 11/15/2048		3,000		3,676
3.125%, 05/15/2048		2,500		2,926
3.000%, 11/15/2044		2,000		2,274
3.000%, 02/15/2047		2,500		2,853
3.000%, 02/15/2048		5,000		5,719
3.000%, 02/15/2049		2,500		2,869
2.875%, 05/15/2043		2,500		2,788
2.750%, 08/15/2042		5,000		5,474
2.750%, 11/15/2042		2,000		2,187
2.500%, 02/15/2045		2,500		2,606
2.500%, 02/15/2046		3,000		3,123
2.250%, 08/15/2049		3,500		3,463
2.000%, 02/15/2050		1,800		1,685
1.875%, 02/15/2041		3,000		2,852
1.875%, 02/15/2051		2,000		1,817
1.625%, 11/15/2050		4,500		3,843
1.375%, 11/15/2040		3,000		2,612
1.375%, 08/15/2050		2,000		1,601
1.250%, 05/15/2050		5,000		3,873
1.125%, 05/15/2040		8,000		6,686
1.125%, 08/15/2040		4,000		3,331
U.S. Treasury Notes
3.125%, 11/15/2028		5,000		5,624
2.875%, 09/30/2023		10,000		10,636
2.750%, 11/15/2023		5,000		5,315
2.625%, 01/31/2026		5,000		5,427
2.625%, 02/15/2029		2,000		2,178
2.500%, 08/15/2023		5,000		5,260
2.500%, 01/31/2024		10,000		10,605
2.500%, 05/15/2024		10,000		10,651
2.375%, 08/15/2024		5,000		5,320
2.375%, 05/15/2027		3,000		3,223
2.250%, 11/15/2024		5,000		5,310
2.250%, 11/15/2025		10,000		10,673
2.250%, 08/15/2027		2,000		2,131
2.125%, 03/31/2024		5,000		5,260
2.125%, 05/15/2025		5,000		5,301
2.000%, 10/31/2022		5,000		5,140
2.000%, 11/30/2022		10,000		10,294
2.000%, 02/15/2025		5,000		5,273
2.000%, 08/15/2025		10,000		10,559
2.000%, 11/15/2026		5,000		5,270
1.750%, 05/15/2023		10,000		10,318
1.625%, 05/15/2026		5,000		5,186
1.625%, 11/30/2026		2,500		2,584
1.625%, 08/15/2029		5,000		5,057
1.500%, 08/15/2022		5,000		5,091
1.500%, 01/15/2023		10,000		10,231
1.500%, 08/15/2026		3,000		3,086

Description	Face Amount (Thousands)		Market Value ($ Thousands)
U.S. TREASURY OBLIGATIONS (continued)
1.500%, 01/31/2027	$	5,000	$	5,127
1.500%, 02/15/2030		3,900		3,886
1.375%, 02/15/2023		10,000		10,219
1.125%, 02/28/2025		5,000		5,106
1.125%, 02/15/2031		3,500		3,340
0.875%, 11/15/2030		5,000		4,673
0.750%, 01/31/2028		5,000		4,829
0.625%, 05/15/2030		5,000		4,597
0.625%, 08/15/2030		1,000		916
0.500%, 03/15/2023		8,000		8,051
0.500%, 05/31/2027		3,000		2,888
0.500%, 10/31/2027		5,000		4,772
0.375%, 11/30/2025		2,000		1,965
0.375%, 12/31/2025		5,000		4,906
0.375%, 01/31/2026		5,000		4,899
0.375%, 09/30/2027		3,000		2,845
0.250%, 06/15/2023		3,000		3,004
0.250%, 05/31/2025		10,000		9,844
0.250%, 06/30/2025		10,000		9,834
0.250%, 07/31/2025		7,000		6,874
0.250%, 08/31/2025		10,000		9,806
0.250%, 09/30/2025		10,000		9,796
0.250%, 10/31/2025		5,000		4,891
0.125%, 09/30/2022		5,000		5,001
0.125%, 10/31/2022		7,000		7,001
0.125%, 01/31/2023		3,000		2,999
0.125%, 12/15/2023		5,000		4,981
Total U.S. Treasury Obligations (Cost $412,126) ($ Thousands)				395,785
CORPORATE OBLIGATIONS — 28.0%
Communication Services — 2.3%
Activision Blizzard
1.350%, 09/15/2030		90		82
Alphabet
2.050%, 08/15/2050		130		109
1.100%, 08/15/2030		130		121
0.450%, 08/15/2025		90		89
America Movil
4.375%, 04/22/2049		500		587
2.875%, 05/07/2030		500		516
AT&T
4.850%, 03/01/2039		1,000		1,164
3.650%, 06/01/2051		500		481
3.500%, 06/01/2041		600		590
3.500%, 02/01/2061		135		123
3.300%, 02/01/2052		120		109
3.100%, 02/01/2043		200		185
2.750%, 06/01/2031		500		500
2.300%, 06/01/2027		300		308

22 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
2.250%, 02/01/2032	$	165	$	156
1.700%, 03/25/2026		550		553
1.650%, 02/01/2028		35		34
0.900%, 03/25/2024		600		601
Baidu
1.720%, 04/09/2026		200		199
Charter Communications Operating LLC
4.908%, 07/23/2025		300		341
3.900%, 06/01/2052		35		34
3.850%, 04/01/2061		135		124
3.700%, 04/01/2051		580		545
3.500%, 06/01/2041		60		58
2.800%, 04/01/2031		500		495
2.300%, 02/01/2032		100		94
Comcast
3.950%, 10/15/2025		500		561
3.750%, 04/01/2040		500		551
3.250%, 11/01/2039		500		517
3.100%, 04/01/2025		500		542
2.800%, 01/15/2051		300		277
2.650%, 08/15/2062		150		131
2.450%, 08/15/2052		225		193
1.950%, 01/15/2031		500		483
1.500%, 02/15/2031		300		279
Discovery Communications
4.650%, 05/15/2050		300		332
3.625%, 05/15/2030		300		321
Electronic Arts
2.950%, 02/15/2051		40		38
1.850%, 02/15/2031		60		57
Fox
5.576%, 01/25/2049		300		385
5.476%, 01/25/2039		500		626
Interpublic Group of Cos
3.375%, 03/01/2041		70		70
2.400%, 03/01/2031		100		98
Rogers Communications
4.350%, 05/01/2049		500		555
3.700%, 11/15/2049		500		507
Telefonica Emisiones
5.520%, 03/01/2049		500		621
T-Mobile USA
4.375%, 04/15/2040 (A)		500		555
3.600%, 11/15/2060 (A)		20		19
3.500%, 04/15/2025 (A)		800		868
3.300%, 02/15/2051 (A)		50		47
3.000%, 02/15/2041 (A)		220		206
2.550%, 02/15/2031 (A)		230		226
2.250%, 11/15/2031 (A)		50		48
2.050%, 02/15/2028 (A)		35		35
1.500%, 02/15/2026 (A)		550		550

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Verizon Communications
4.812%, 03/15/2039	$	1,000	$	1,212
4.672%, 03/15/2055		500		612
4.000%, 03/22/2050		500		545
3.700%, 03/22/2061		45		45
3.550%, 03/22/2051		55		56
3.400%, 03/22/2041		80		82
3.000%, 03/22/2027		300		322
3.000%, 11/20/2060		90		80
2.875%, 11/20/2050		400		363
2.650%, 11/20/2040		400		370
2.550%, 03/21/2031		55		55
2.100%, 03/22/2028		60		60
1.750%, 01/20/2031		100		94
1.450%, 03/20/2026		40		40
0.850%, 11/20/2025		100		99
0.750%, 03/22/2024		35		35
ViacomCBS
4.950%, 01/15/2031		300		353
4.950%, 05/19/2050		300		350
4.750%, 05/15/2025		300		340
4.200%, 05/19/2032		500		557
Walt Disney
6.650%, 11/15/2037		500		740
4.700%, 03/23/2050		500		632
4.625%, 03/23/2040		200		244
3.500%, 05/13/2040		500		534
3.350%, 03/24/2025		500		544
				26,260
Consumer Discretionary — 2.0%
Advance Auto Parts
1.750%, 10/01/2027		40		40
Amazon.com
1.500%, 06/03/2030		500		481
0.800%, 06/03/2025		500		501
0.400%, 06/03/2023		500		502
American Honda Finance MTN
1.200%, 07/08/2025		200		201
0.875%, 07/07/2023		635		641
0.400%, 10/21/2022		100		100
AutoZone
3.625%, 04/15/2025		500		545
BAT Capital
4.700%, 04/02/2027		300		338
3.984%, 09/25/2050		150		138
3.734%, 09/25/2040		295		275
2.726%, 03/25/2031		300		288
2.259%, 03/25/2028		200		196
BAT International Finance
1.668%, 03/25/2026		200		199

Adviser Managed Trust / Quarterly Report / April 30, 2021 23

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Best Buy
1.950%, 10/01/2030	$	50	$	48
Choice Hotels International
3.700%, 01/15/2031		605		641
Council of Europe Development Bank
1.375%, 02/27/2025		500		514
Diageo Capital
2.000%, 04/29/2030		200		196
1.375%, 09/29/2025		300		304
Dollar General
4.125%, 04/03/2050		300		336
DR Horton
2.600%, 10/15/2025		500		529
eBay
2.700%, 03/11/2030		200		203
Expedia Group
4.625%, 08/01/2027 (A)		615		691
3.600%, 12/15/2023 (A)		565		602
General Motors
6.800%, 10/01/2027		500		628
6.125%, 10/01/2025		500		593
5.400%, 10/02/2023		500		553
General Motors Financial
3.600%, 06/21/2030		50		53
2.750%, 06/20/2025		550		579
Home Depot
3.300%, 04/15/2040		300		318
2.700%, 04/15/2030		500		525
2.375%, 03/15/2051		300		261
1.375%, 03/15/2031		300		279
0.900%, 03/15/2028		95		91
Lowe’s
5.000%, 04/15/2040		300		375
3.500%, 04/01/2051		75		77
3.000%, 10/15/2050		15		14
2.625%, 04/01/2031		150		152
1.700%, 10/15/2030		20		19
1.300%, 04/15/2028		320		307
Marriott International
4.625%, 06/15/2030		300		337
3.500%, 10/15/2032		40		42
McDonald’s MTN
4.200%, 04/01/2050		500		576
3.625%, 09/01/2049		500		526
3.600%, 07/01/2030		200		220
2.125%, 03/01/2030		500		495
NIKE
2.850%, 03/27/2030		200		213
O’Reilly Automotive
1.750%, 03/15/2031		135		126
RELX Capital
3.000%, 05/22/2030		200		209

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Rockefeller Foundation
2.492%, 10/01/2050	$	30	$	29
Ross Stores
0.875%, 04/15/2026		100		98
Sands China
3.800%, 01/08/2026		500		529
Starbucks
4.450%, 08/15/2049		500		589
3.500%, 11/15/2050		300		306
2.550%, 11/15/2030		500		505
2.250%, 03/12/2030		200		198
Target
2.250%, 04/15/2025		500		526
TJX
1.600%, 05/15/2031		250		235
1.150%, 05/15/2028		250		238
Toyota Motor Credit MTN
3.375%, 04/01/2030		200		220
3.000%, 04/01/2025		300		323
1.800%, 02/13/2025		500		517
1.350%, 08/25/2023		300		307
1.150%, 05/26/2022		300		303
0.800%, 10/16/2025		50		50
0.350%, 10/14/2022		50		50
Trustees of the University of Pennsylvania
2.396%, 10/01/2050		180		166
Unilever Capital
1.375%, 09/14/2030		165		156
0.375%, 09/14/2023		100		100
VF
2.950%, 04/23/2030		500		521
2.800%, 04/23/2027		500		535
2.400%, 04/23/2025		500		524
Whirlpool
2.400%, 05/15/2031		15		15
				23,117
Consumer Staples — 1.6%
Altria Group
5.800%, 02/14/2039		500		604
4.450%, 05/06/2050		300		303
4.000%, 02/04/2061		75		69
3.700%, 02/04/2051		200		180
3.400%, 02/04/2041		85		78
2.450%, 02/04/2032		200		188
Anheuser-Busch InBev Worldwide
5.800%, 01/23/2059		500		682
5.450%, 01/23/2039		500		631
4.500%, 06/01/2050		500		574
4.350%, 06/01/2040		800		904
Bunge Finance
1.630%, 08/17/2025		125		126

24 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Campbell Soup
2.375%, 04/24/2030	$	500	$	496
Clorox
1.800%, 05/15/2030		200		193
Coca-Cola
3.000%, 03/05/2051		20		20
2.950%, 03/25/2025		300		325
2.875%, 05/05/2041		50		50
2.250%, 01/05/2032		50		50
2.000%, 03/05/2031		65		64
1.650%, 06/01/2030		500		480
1.450%, 06/01/2027		500		502
Conagra Brands
4.600%, 11/01/2025		500		572
Constellation Brands
2.875%, 05/01/2030		200		207
Costco Wholesale
1.750%, 04/20/2032		500		482
1.600%, 04/20/2030		500		483
Estee Lauder
2.600%, 04/15/2030		500		519
General Mills
2.875%, 04/15/2030		200		208
Hershey
2.650%, 06/01/2050		500		465
Hormel Foods
1.800%, 06/11/2030		500		485
Ingredion
3.900%, 06/01/2050		200		215
Keurig Dr Pepper
3.350%, 03/15/2051		30		30
2.250%, 03/15/2031		40		39
0.750%, 03/15/2024		85		85
Kimberly-Clark
1.050%, 09/15/2027		125		122
Kroger
3.950%, 01/15/2050		500		548
1.700%, 01/15/2031		65		61
McCormick
2.500%, 04/15/2030		500		505
Mondelez International
2.750%, 04/13/2030		200		206
2.625%, 09/04/2050		100		87
0.625%, 07/01/2022		570		572
PepsiCo
2.750%, 03/19/2030		200		211
2.250%, 03/19/2025		500		528
1.625%, 05/01/2030		500		482
1.400%, 02/25/2031		40		38
0.750%, 05/01/2023		800		808
0.400%, 10/07/2023		25		25

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Philip Morris International
1.750%, 11/01/2030	$	350	$	330
1.125%, 05/01/2023		500		507
0.875%, 05/01/2026		350		344
Procter & Gamble
3.000%, 03/25/2030		200		217
1.950%, 04/23/2031		200		199
Sysco
5.650%, 04/01/2025		300		351
Walgreens Boots Alliance
4.100%, 04/15/2050		500		526
Walmart
3.400%, 06/26/2023		300		320
3.050%, 07/08/2026		500		548
2.850%, 07/08/2024		500		537
				18,381
Energy — 2.0%
Boardwalk Pipelines
3.400%, 02/15/2031		85		88
BP Capital Markets America
3.796%, 09/21/2025		500		554
3.633%, 04/06/2030		300		330
3.543%, 04/06/2027		500		549
3.194%, 04/06/2025		500		540
Canadian Natural Resources
2.950%, 07/15/2030		500		505
2.050%, 07/15/2025		500		510
Chevron
2.978%, 05/11/2040		500		503
1.995%, 05/11/2027		500		517
1.554%, 05/11/2025		500		512
1.141%, 05/11/2023		500		508
ConocoPhillips
2.400%, 02/15/2031 (A)		190		189
Diamondback Energy
4.750%, 05/31/2025		500		562
Ecopetrol
6.875%, 04/29/2030		500		606
5.875%, 05/28/2045		500		532
Energy Transfer
6.250%, 04/15/2049		500		596
4.750%, 01/15/2026		500		559
2.900%, 05/15/2025		500		525
Enterprise Products Operating LLC
3.700%, 01/31/2051		500		499
2.800%, 01/31/2030		200		206
Equinor
3.700%, 04/06/2050		500		540
3.625%, 04/06/2040		200		219
Exxon Mobil
4.227%, 03/19/2040		500		571

Adviser Managed Trust / Quarterly Report / April 30, 2021 25

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
3.482%, 03/19/2030	$	300	$	328
2.992%, 03/19/2025		500		538
2.610%, 10/15/2030		300		307
1.571%, 04/15/2023		500		513
HollyFrontier
2.625%, 10/01/2023		250		259
Kinder Morgan
5.550%, 06/01/2045		500		609
3.600%, 02/15/2051		250		239
3.250%, 08/01/2050		145		132
2.000%, 02/15/2031		140		131
Magellan Midstream Partners
3.250%, 06/01/2030		200		212
Marathon Petroleum
4.700%, 05/01/2025		500		563
MPLX
5.200%, 12/01/2047		300		348
4.250%, 12/01/2027		500		561
2.650%, 08/15/2030		115		113
ONEOK
7.150%, 01/15/2051		500		696
5.850%, 01/15/2026		300		353
4.500%, 03/15/2050		500		521
2.200%, 09/15/2025		300		308
Phillips 66
3.850%, 04/09/2025		500		548
2.150%, 12/15/2030		500		476
Pioneer Natural Resources
1.900%, 08/15/2030		200		187
Sabine Pass Liquefaction
4.500%, 05/15/2030		500		563
Shell International Finance BV
3.250%, 04/06/2050		550		550
2.750%, 04/06/2030		510		530
2.375%, 04/06/2025		500		528
0.375%, 09/15/2023		250		250
Suncor Energy
3.100%, 05/15/2025		500		536
Total Capital International
3.127%, 05/29/2050		300		288
TransCanada PipeLines
4.100%, 04/15/2030		300		337
Valero Energy
2.700%, 04/15/2023		500		520
1.200%, 03/15/2024		250		251
Williams
3.500%, 11/15/2030		200		213
				23,228
Financials — 8.8%
Aflac
1.125%, 03/15/2026		105		104

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
African Development Bank
0.750%, 04/03/2023	$	500	$	505
Allstate
1.450%, 12/15/2030		200		187
0.750%, 12/15/2025		125		124
Ally Financial
1.450%, 10/02/2023		565		574
American Express
3.700%, 08/03/2023		500		536
3.400%, 02/22/2024		500		540
2.500%, 07/30/2024		500		531
American Financial Group
5.250%, 04/02/2030		300		363
American International Group
4.375%, 06/30/2050		200		230
3.400%, 06/30/2030		500		534
2.500%, 06/30/2025		300		316
Andina de Fomento
1.625%, 09/23/2025		500		503
Aon
2.800%, 05/15/2030		500		516
2.200%, 11/15/2022		300		308
Arch Capital Group
3.635%, 06/30/2050		35		36
Ares Capital
3.875%, 01/15/2026		300		320
Asian Development Bank
1.625%, 01/24/2023		500		512
0.625%, 04/29/2025		1,000		997
Asian Development Bank MTN
1.875%, 07/19/2022		1,000		1,020
1.875%, 01/24/2030		500		509
1.000%, 04/14/2026		100		100
0.500%, 02/04/2026		250		246
0.250%, 07/14/2023		45		45
Asian Infrastructure Investment Bank
0.250%, 09/29/2023		335		335
Athene Holding
6.150%, 04/03/2030		300		372
3.500%, 01/15/2031		100		105
Banco Santander
3.490%, 05/28/2030		500		529
2.746%, 05/28/2025		200		211
Bancolombia
3.000%, 01/29/2025		300		308
Bank of America
3.483%, VAR United States Secured Overnight Financing Rate+1.650%, 03/13/2052		200		205
3.311%, VAR United States Secured Overnight Financing Rate+1.580%, 04/22/2042		100		102

26 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
2.687%, VAR United States Secured Overnight Financing Rate+1.320%, 04/22/2032	$	100	$	101
2.651%, VAR United States Secured Overnight Financing Rate+1.220%, 03/11/2032		200		202
2.592%, VAR United States Secured Overnight Financing Rate+2.150%, 04/29/2031		500		503
1.734%, VAR United States Secured Overnight Financing Rate+0.960%, 07/22/2027		100		101
1.658%, VAR United States Secured Overnight Financing Rate+0.910%, 03/11/2027		200		202
0.976%, VAR United States Secured Overnight Financing Rate+0.690%, 04/22/2025		100		100
Bank of America MTN
4.100%, 07/24/2023		500		540
4.083%, VAR ICE LIBOR USD 3 Month+3.150%, 03/20/2051		200		224
4.078%, VAR ICE LIBOR USD 3 Month+1.320%, 04/23/2040		700		789
2.884%, VAR ICE LIBOR USD 3 Month+1.190%, 10/22/2030		200		208
2.831%, VAR United States Secured Overnight Financing Rate+1.880%, 10/24/2051		50		46
2.676%, VAR United States Secured Overnight Financing Rate+1.930%, 06/19/2041		500		469
2.015%, VAR ICE LIBOR USD 3 Month+0.640%, 02/13/2026		500		516
1.922%, VAR United States Secured Overnight Financing Rate+1.370%, 10/24/2031		200		190
1.898%, VAR United States Secured Overnight Financing Rate+1.530%, 07/23/2031		200		190
1.486%, VAR United States Secured Overnight Financing Rate+1.460%, 05/19/2024		800		813
1.319%, VAR United States Secured Overnight Financing Rate+1.150%, 06/19/2026		500		501
1.197%, VAR United States Secured Overnight Financing Rate+1.010%, 10/24/2026		200		199
0.810%, VAR United States Secured Overnight Financing Rate+0.740%, 10/24/2024		200		200

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Bank of Montreal MTN
3.300%, 02/05/2024	$	500	$	538
1.850%, 05/01/2025		300		309
Bank of New York Mellon MTN
2.100%, 10/24/2024		500		527
1.650%, 07/14/2028		100		100
1.650%, 01/28/2031		200		192
1.600%, 04/24/2025		300		309
Bank of Nova Scotia
3.400%, 02/11/2024		500		539
2.200%, 02/03/2025		300		313
1.950%, 02/01/2023		300		309
1.625%, 05/01/2023		300		307
Barclays
3.811%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+1.700%, 03/10/2042		200		200
2.852%, VAR United States Secured Overnight Financing Rate+2.714%, 05/07/2026		300		316
2.667%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+1.200%, 03/10/2032		200		197
2.645%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+1.900%, 06/24/2031		500		497
1.700%, 05/12/2022		200		203
1.007%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+0.800%, 12/10/2024		290		290
Berkshire Hathaway Finance
2.850%, 10/15/2050		265		251
2.500%, 01/15/2051		280		249
1.450%, 10/15/2030		315		299
BlackRock
1.900%, 01/28/2031		300		293
Blackstone Secured Lending Fund
2.750%, 09/16/2026 (A)		100		101
Brighthouse Financial
5.625%, 05/15/2030		300		358
4.700%, 06/22/2047		500		520
3.700%, 06/22/2027		500		541
Brookfield Finance
4.850%, 03/29/2029		200		232
3.500%, 03/30/2051		150		147
Brown & Brown
2.375%, 03/15/2031		35		34
Canadian Imperial Bank of Commerce
3.500%, 09/13/2023		500		537
0.950%, 06/23/2023		500		505
Capital One Financial
3.800%, 01/31/2028		500		556
2.600%, 05/11/2023		300		312

Adviser Managed Trust / Quarterly Report / April 30, 2021 27

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Cboe Global Markets
1.625%, 12/15/2030	$	100	$	94
Charles Schwab
4.200%, 03/24/2025		500		560
Chubb INA Holdings
1.375%, 09/15/2030		325		302
CI Financial
3.200%, 12/17/2030		65		66
Citigroup
8.125%, 07/15/2039		200		334
5.316%, VAR United States Secured Overnight Financing Rate+4.548%, 03/26/2041		700		909
4.412%, VAR United States Secured Overnight Financing Rate+3.914%, 03/31/2031		200		229
3.106%, VAR United States Secured Overnight Financing Rate+2.842%, 04/08/2026		800		858
2.976%, VAR United States Secured Overnight Financing Rate+1.422%, 11/05/2030		500		521
2.572%, VAR United States Secured Overnight Financing Rate+2.107%, 06/03/2031		500		501
2.561%, VAR United States Secured Overnight Financing Rate+1.167%, 05/01/2032		165		165
1.678%, VAR United States Secured Overnight Financing Rate+1.667%, 05/15/2024		300		307
0.981%, VAR United States Secured Overnight Financing Rate+0.669%, 05/01/2025		150		150
0.776%, VAR United States Secured Overnight Financing Rate+0.686%, 10/30/2024		150		150
Citizens Bank
2.250%, 04/28/2025		500		521
Citizens Financial Group
3.250%, 04/30/2030		500		533
CNA Financial
2.050%, 08/15/2030		65		62
Cooperatieve Rabobank
4.625%, 12/01/2023		500		549
Credit Suisse NY
2.950%, 04/09/2025		300		320
1.000%, 05/05/2023		500		505
Deutsche Bank NY
3.961%, VAR United States Secured Overnight Financing Rate+2.581%, 11/26/2025		500		542

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
2.222%, VAR United States Secured Overnight Financing Rate+2.159%, 09/18/2024	$	250	$	257
Equitable Holdings
5.000%, 04/20/2048		500		610
4.350%, 04/20/2028		500		564
European Bank for Reconstruction & Development MTN
0.250%, 07/10/2023		700		699
European Investment Bank
1.375%, 05/15/2023		500		511
1.250%, 02/14/2031		520		498
0.875%, 05/17/2030		500		468
0.625%, 07/25/2025		1,000		993
0.375%, 12/15/2025		200		196
Everest Reinsurance Holdings
3.500%, 10/15/2050		100		100
Fairfax Financial Holdings
4.625%, 04/29/2030		300		330
Fidelity National Financial
2.450%, 03/15/2031		150		147
Franklin Resources
1.600%, 10/30/2030		100		94
FS KKR Capital
3.400%, 01/15/2026		200		204
Globe Life
2.150%, 08/15/2030		250		243
Goldman Sachs Group
5.150%, 05/22/2045		500		642
3.625%, 02/20/2024		500		539
3.500%, 04/01/2025		500		544
3.210%, VAR United States Secured Overnight Financing Rate+1.513%, 04/22/2042		90		91
2.615%, VAR United States Secured Overnight Financing Rate+1.281%, 04/22/2032		105		105
1.992%, VAR United States Secured Overnight Financing Rate+1.090%, 01/27/2032		225		214
1.431%, VAR United States Secured Overnight Financing Rate+0.798%, 03/09/2027		200		199
1.093%, VAR United States Secured Overnight Financing Rate+0.789%, 12/09/2026		400		394
0.855%, VAR United States Secured Overnight Financing Rate+0.609%, 02/12/2026		165		164
0.673%, VAR United States Secured Overnight Financing Rate+0.572%, 03/08/2024		250		250

28 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
0.627%, VAR United States Secured Overnight Financing Rate+0.538%, 11/17/2023	$	570	$	571
0.523%, 03/08/2023		155		155
0.481%, 01/27/2023		500		500
Hanover Insurance Group
2.500%, 09/01/2030		15		15
HSBC Holdings
4.950%, 03/31/2030		200		236
3.803%, VAR ICE LIBOR USD 3 Month+1.211%, 03/11/2025		500		539
2.848%, VAR United States Secured Overnight Financing Rate+2.387%, 06/04/2031		500		505
2.099%, VAR United States Secured Overnight Financing Rate+1.929%, 06/04/2026		300		307
2.013%, VAR United States Secured Overnight Financing Rate+1.732%, 09/22/2028		200		198
1.589%, VAR United States Secured Overnight Financing Rate+1.290%, 05/24/2027		420		417
ING Groep
3.550%, 04/09/2024		500		540
Inter-American Development Bank
0.625%, 07/15/2025		1,000		994
0.625%, 09/16/2027		500		479
0.500%, 05/24/2023		400		402
0.250%, 11/15/2023		500		499
Intercontinental Exchange
3.000%, 06/15/2050		200		186
3.000%, 09/15/2060		160		144
2.650%, 09/15/2040		165		154
1.850%, 09/15/2032		165		153
0.700%, 06/15/2023		110		111
International Bank for Reconstruction & Development
2.500%, 07/29/2025		1,000		1,072
1.250%, 02/10/2031		500		478
0.875%, 05/14/2030		500		467
0.750%, 11/24/2027		230		222
0.500%, 10/28/2025		800		789
0.250%, 11/24/2023		125		125
International Bank for Reconstruction & Development MTN
1.375%, 04/20/2028		650		649
International Finance MTN
0.750%, 08/27/2030		500		459
0.375%, 07/16/2025		145		143
Jefferies Group
5.125%, 01/20/2023		500		538

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
JPMorgan Chase
4.493%, VAR United States Secured Overnight Financing Rate+3.790%, 03/24/2031	$	200	$	232
3.328%, VAR United States Secured Overnight Financing Rate+1.580%, 04/22/2052		70		70
3.157%, VAR United States Secured Overnight Financing Rate+1.460%, 04/22/2042		100		100
3.109%, VAR United States Secured Overnight Financing Rate+2.440%, 04/22/2051		800		776
3.109%, VAR United States Secured Overnight Financing Rate+2.460%, 04/22/2041		700		698
2.956%, VAR United States Secured Overnight Financing Rate+2.515%, 05/13/2031		300		308
2.580%, VAR United States Secured Overnight Financing Rate+1.250%, 04/22/2032		75		75
2.525%, VAR United States Secured Overnight Financing Rate+1.510%, 11/19/2041		750		684
2.522%, VAR United States Secured Overnight Financing Rate+2.040%, 04/22/2031		500		505
2.182%, VAR United States Secured Overnight Financing Rate+1.890%, 06/01/2028		300		306
2.005%, VAR United States Secured Overnight Financing Rate+1.585%, 03/13/2026		500		516
1.764%, VAR United States Secured Overnight Financing Rate+1.105%, 11/19/2031		450		423
1.578%, VAR United States Secured Overnight Financing Rate+0.885%, 04/22/2027		65		65
1.514%, VAR United States Secured Overnight Financing Rate+1.455%, 06/01/2024		800		815
1.045%, VAR United States Secured Overnight Financing Rate+0.800%, 11/19/2026		250		246
0.697%, VAR United States Secured Overnight Financing Rate+0.580%, 03/16/2024		200		201
Kemper
2.400%, 09/30/2030		50		48
KeyBank
1.250%, 03/10/2023		300		304

Adviser Managed Trust / Quarterly Report / April 30, 2021 29

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Korea Development Bank
3.375%, 03/12/2023	$	260	$	274
0.500%, 10/27/2023		200		200
Kreditanstalt fuer Wiederaufbau
2.625%, 02/28/2024		500		531
2.375%, 12/29/2022		500		518
0.625%, 01/22/2026		1,300		1,285
0.250%, 10/19/2023		750		749
0.250%, 03/08/2024		325		324
Landwirtschaftliche Rentenbank
0.875%, 03/30/2026		40		40
0.500%, 05/27/2025		500		496
Lloyds Banking Group
4.050%, 08/16/2023		500		539
3.900%, 03/12/2024		500		543
0.695%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+0.550%, 05/11/2024		200		200
Manulife Financial
2.484%, 05/19/2027		300		314
Marsh & McLennan
3.875%, 03/15/2024		500		545
2.250%, 11/15/2030		200		199
MetLife
4.550%, 03/23/2030		200		235
Mitsubishi UFJ Financial Group
3.751%, 07/18/2039		500		548
3.407%, 03/07/2024		500		537
2.801%, 07/18/2024		500		529
2.193%, 02/25/2025		500		519
Mizuho Financial Group
2.226%, VAR ICE LIBOR USD 3 Month+0.830%, 05/25/2026		300		309
1.241%, VAR United States Secured Overnight Financing Rate+1.252%, 07/10/2024		500		506
Moody’s
2.550%, 08/18/2060		250		204
Morgan Stanley
3.217%, VAR United States Secured Overnight Financing Rate+1.485%, 04/22/2042		145		147
1.593%, VAR United States Secured Overnight Financing Rate+0.879%, 05/04/2027		245		246
0.985%, VAR United States Secured Overnight Financing Rate+0.720%, 12/10/2026		250		245
0.731%, VAR United States Secured Overnight Financing Rate+0.616%, 04/05/2024		480		481

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Morgan Stanley MTN
5.597%, VAR United States Secured Overnight Financing Rate+4.840%, 03/24/2051	$	700	$	979
3.622%, VAR United States Secured Overnight Financing Rate+3.120%, 04/01/2031		200		219
2.720%, VAR United States Secured Overnight Financing Rate+1.152%, 07/22/2025		500		528
2.188%, VAR United States Secured Overnight Financing Rate+1.990%, 04/28/2026		300		312
1.794%, VAR United States Secured Overnight Financing Rate+1.034%, 02/13/2032		375		351
0.864%, VAR United States Secured Overnight Financing Rate+0.745%, 10/21/2025		345		344
0.560%, VAR United States Secured Overnight Financing Rate+0.466%, 11/10/2023		450		450
MUFG Union Bank
2.100%, 12/09/2022		300		308
Nasdaq
0.445%, 12/21/2022		80		80
National Australia Bank
1.875%, 12/13/2022		300		308
National Bank of Canada MTN
2.100%, 02/01/2023		300		308
Natwest Group
4.269%, VAR ICE LIBOR USD 3 Month+1.762%, 03/22/2025		500		545
3.875%, 09/12/2023		500		536
3.073%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.550%, 05/22/2028		300		313
Nomura Holdings
3.103%, 01/16/2030		200		205
2.648%, 01/16/2025		300		314
Nordic Investment Bank
0.375%, 09/11/2025		500		491
Northern Trust
1.950%, 05/01/2030		300		295
Oesterreichische Kontrollbank
1.500%, 02/12/2025		500		515
0.375%, 09/17/2025		90		88
Oesterreichische Kontrollbank MTN
2.875%, 03/13/2023		500		525
Owl Rock Capital
4.250%, 01/15/2026		100		108
2.625%, 01/15/2027		100		99

30 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
PartnerRe Finance B
4.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.815%, 10/01/2050	$	100	$	103
PNC Financial Services Group
3.500%, 01/23/2024		500		539
2.307%, VAR United States Secured Overnight Financing Rate+0.979%, 04/23/2032		265		264
Progressive
3.950%, 03/26/2050		200		231
Prudential
3.125%, 04/14/2030		300		319
Prudential Financial MTN
3.000%, 03/10/2040		1,000		1,001
1.500%, 03/10/2026		300		305
Regions Financial
3.800%, 08/14/2023		500		536
Royal Bank of Canada MTN
1.950%, 01/17/2023		300		309
1.600%, 04/17/2023		300		308
1.150%, 06/10/2025		500		503
0.500%, 10/26/2023		35		35
S&P Global
2.300%, 08/15/2060		95		78
1.250%, 08/15/2030		75		69
Santander Holdings USA
3.450%, 06/02/2025		500		536
Sumitomo Mitsui Financial Group
2.696%, 07/16/2024		500		528
2.348%, 01/15/2025		300		313
2.130%, 07/08/2030		400		393
1.474%, 07/08/2025		500		504
SVB Financial Group
1.800%, 02/02/2031		65		60
Svensk Exportkredit MTN
0.750%, 04/06/2023		500		504
0.625%, 05/14/2025		500		497
Toronto-Dominion Bank MTN
1.150%, 06/12/2025		500		502
0.550%, 03/04/2024		250		250
Truist Bank
3.200%, 04/01/2024		500		537
1.500%, 03/10/2025		800		817
1.250%, 03/09/2023		300		305
Truist Financial MTN
3.750%, 12/06/2023		500		541
2.500%, 08/01/2024		500		528
Unum Group
4.500%, 03/15/2025		500		560
US Bancorp
2.400%, 07/30/2024		500		529

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
1.450%, 05/12/2025	$	300	$	306
US Bancorp MTN
1.375%, 07/22/2030		50		47
US Bank
2.050%, 01/21/2025		300		313
1.950%, 01/09/2023		300		308
W R Berkley
4.000%, 05/12/2050		30		33
Wells Fargo
3.068%, VAR United States Secured Overnight Financing Rate+2.530%, 04/30/2041		800		789
2.188%, VAR United States Secured Overnight Financing Rate+2.000%, 04/30/2026		300		311
Wells Fargo MTN
5.013%, VAR United States Secured Overnight Financing Rate+4.502%, 04/04/2051		800		1,034
4.478%, VAR United States Secured Overnight Financing Rate+4.032%, 04/04/2031		300		347
3.750%, 01/24/2024		500		541
2.879%, VAR United States Secured Overnight Financing Rate+1.432%, 10/30/2030		200		207
2.393%, VAR United States Secured Overnight Financing Rate+2.100%, 06/02/2028		300		309
1.654%, VAR United States Secured Overnight Financing Rate+1.600%, 06/02/2024		500		511
Westpac Banking
4.421%, 07/24/2039		200		228
3.300%, 02/26/2024		500		539
2.963%, 11/16/2040		530		498
2.668%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+1.750%, 11/15/2035		40		38
2.650%, 01/16/2030		500		527
				102,525
Health Care — 2.8%
Abbott Laboratories
1.400%, 06/30/2030		540		509
1.150%, 01/30/2028		45		44
AbbVie
4.850%, 06/15/2044		500		609
4.550%, 03/15/2035		500		592
4.250%, 11/21/2049		500		568
4.050%, 11/21/2039		500		559
Agilent Technologies
2.100%, 06/04/2030		300		292

Adviser Managed Trust / Quarterly Report / April 30, 2021 31

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
AHS Hospital
2.780%, 07/01/2051	$	40	$	38
AmerisourceBergen
2.700%, 03/15/2031		200		201
0.737%, 03/15/2023		105		105
Amgen
3.150%, 02/21/2040		500		501
2.300%, 02/25/2031		400		395
1.900%, 02/21/2025		500		517
Anthem
3.600%, 03/15/2051		30		31
2.550%, 03/15/2031		50		50
1.500%, 03/15/2026		50		50
AstraZeneca
2.125%, 08/06/2050		140		114
1.375%, 08/06/2030		300		276
0.700%, 04/08/2026		300		291
Banner Health
2.338%, 01/01/2030		200		201
1.897%, 01/01/2031		100		97
Baylor Scott & White Holdings
1.777%, 11/15/2030		20		19
Becton Dickinson
3.794%, 05/20/2050		300		319
2.823%, 05/20/2030		400		413
Biogen
2.250%, 05/01/2030		200		194
Bon Secours Mercy Health
2.095%, 06/01/2031		100		98
Boston Scientific
2.650%, 06/01/2030		500		506
1.900%, 06/01/2025		300		311
Bristol-Myers Squibb
4.550%, 02/20/2048		500		615
4.125%, 06/15/2039		800		934
2.900%, 07/26/2024		192		206
2.550%, 11/13/2050		230		206
2.350%, 11/13/2040		320		296
1.450%, 11/13/2030		30		28
0.750%, 11/13/2025		50		50
0.537%, 11/13/2023		335		335
Cigna
4.800%, 08/15/2038		1,000		1,207
4.500%, 02/25/2026		300		342
3.400%, 03/15/2050		500		496
3.200%, 03/15/2040		500		505
2.375%, 03/15/2031		60		59
1.250%, 03/15/2026		65		65
CommonSpirit Health
3.910%, 10/01/2050		75		79
2.782%, 10/01/2030		50		51
1.547%, 10/01/2025		35		35

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
CVS Health
4.125%, 04/01/2040	$	500	$	552
3.625%, 04/01/2027		500		553
1.875%, 02/28/2031		255		241
1.300%, 08/21/2027		400		390
Danaher
2.600%, 10/01/2050		190		169
DENTSPLY SIRONA
3.250%, 06/01/2030		200		210
Eli Lilly
3.950%, 03/15/2049		500		570
2.250%, 05/15/2050		500		424
Gilead Sciences
2.800%, 10/01/2050		200		178
2.600%, 10/01/2040		200		184
1.650%, 10/01/2030		95		89
1.200%, 10/01/2027		120		116
0.750%, 09/29/2023		235		235
Hackensack Meridian Health
2.675%, 09/01/2041		100		94
HCA
5.125%, 06/15/2039		1,000		1,212
Humana
4.500%, 04/01/2025		300		338
Integris Baptist Medical Center
3.875%, 08/15/2050		100		109
Johnson & Johnson
2.450%, 09/01/2060		165		146
2.250%, 09/01/2050		250		222
2.100%, 09/01/2040		165		150
1.300%, 09/01/2030		175		166
0.950%, 09/01/2027		155		151
0.550%, 09/01/2025		125		124
McKesson
0.900%, 12/03/2025		145		143
Merck
3.900%, 03/07/2039		500		572
2.350%, 06/24/2040		500		463
1.450%, 06/24/2030		300		285
0.750%, 02/24/2026		300		298
New York and Presbyterian Hospital
2.606%, 08/01/2060		40		36
Novartis Capital
1.750%, 02/14/2025		500		516
Orlando Health Obligated Group
3.327%, 10/01/2050		25		25
PeaceHealth Obligated Group
1.375%, 11/15/2025		25		25
PerkinElmer
3.625%, 03/15/2051		30		31
2.550%, 03/15/2031		85		85

32 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Perrigo Finance Unlimited
3.150%, 06/15/2030	$	200	$	199
Pfizer
4.000%, 03/15/2049		500		579
2.700%, 05/28/2050		300		279
2.625%, 04/01/2030		200		209
2.550%, 05/28/2040		300		288
1.700%, 05/28/2030		400		389
0.800%, 05/28/2025		500		500
Quest Diagnostics
2.800%, 06/30/2031		200		205
Regeneron Pharmaceuticals
1.750%, 09/15/2030		35		33
Royalty Pharma
3.550%, 09/02/2050 (A)		30		28
3.300%, 09/02/2040 (A)		30		29
2.200%, 09/02/2030 (A)		40		38
1.200%, 09/02/2025 (A)		70		69
0.750%, 09/02/2023 (A)		55		55
Smith & Nephew
2.032%, 10/14/2030		50		48
Stryker
1.950%, 06/15/2030		400		387
1.150%, 06/15/2025		500		501
Sutter Health
3.361%, 08/15/2050		55		56
2.294%, 08/15/2030		55		55
Takeda Pharmaceutical
3.375%, 07/09/2060		500		481
3.025%, 07/09/2040		500		488
2.050%, 03/31/2030		200		193
Texas Health Resources
2.328%, 11/15/2050		65		56
Thermo Fisher Scientific
4.133%, 03/25/2025		300		334
Trinity Health
2.632%, 12/01/2040		25		24
UnitedHealth Group
3.500%, 08/15/2039		500		540
3.125%, 05/15/2060		300		293
2.750%, 05/15/2040		800		780
1.250%, 01/15/2026		500		504
Universal Health Services
2.650%, 10/15/2030 (A)		250		243
Viatris
4.000%, 06/22/2050 (A)		500		496
3.850%, 06/22/2040 (A)		500		510
2.700%, 06/22/2030 (A)		200		198
1.650%, 06/22/2025 (A)		500		505

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Zoetis
2.000%, 05/15/2030	$	200	$	194
				32,297
Industrials — 2.4%
3M
3.050%, 04/15/2030		200		215
2.650%, 04/15/2025		300		320
AerCap Ireland Capital DAC
4.875%, 01/16/2024		500		548
4.500%, 09/15/2023		650		700
Air Lease
3.375%, 07/01/2025		25		27
Air Lease MTN
2.875%, 01/15/2026		120		125
2.300%, 02/01/2025		500		514
Boeing
5.705%, 05/01/2040		800		991
5.040%, 05/01/2027		500		574
4.875%, 05/01/2025		500		561
4.508%, 05/01/2023		500		534
3.950%, 08/01/2059		500		484
3.625%, 02/01/2031		30		32
3.250%, 02/01/2028		50		52
2.750%, 02/01/2026		50		52
1.950%, 02/01/2024		30		31
Burlington Northern Santa Fe
3.300%, 09/15/2051		100		102
Canadian Pacific Railway
2.050%, 03/05/2030		200		194
Carrier Global
3.577%, 04/05/2050		500		502
3.377%, 04/05/2040		500		504
2.242%, 02/15/2025		500		521
Caterpillar
2.600%, 04/09/2030		200		209
Caterpillar Financial Services
0.650%, 07/07/2023		600		604
Caterpillar Financial Services MTN
1.450%, 05/15/2025		500		512
0.950%, 05/13/2022		300		302
0.800%, 11/13/2025		330		327
CNH Industrial Capital
1.950%, 07/02/2023		515		529
CSX
3.800%, 04/15/2050		500		539
2.500%, 05/15/2051		290		250
Cummins
1.500%, 09/01/2030		250		236
Deere
2.750%, 04/15/2025		300		322

Adviser Managed Trust / Quarterly Report / April 30, 2021 33

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Emerson Electric
0.875%, 10/15/2026	$	165	$	162
Equifax
3.100%, 05/15/2030		200		210
FedEx
5.250%, 05/15/2050		300		389
Flowserve
3.500%, 10/01/2030		70		72
GATX
1.900%, 06/01/2031		250		232
GE Capital Funding
4.400%, 05/15/2030 (A)		200		227
3.450%, 05/15/2025 (A)		500		542
General Dynamics
4.250%, 04/01/2040		500		597
3.250%, 04/01/2025		300		326
General Electric
4.350%, 05/01/2050		500		556
4.250%, 05/01/2040		1,000		1,116
Honeywell International
1.950%, 06/01/2030		300		298
1.350%, 06/01/2025		500		510
Hubbell
2.300%, 03/15/2031		60		59
JetBlue Pass-Through Trust, Ser 2020-1, Cl A
4.000%, 11/15/2032		25		27
John Deere Capital
1.450%, 01/15/2031		285		268
0.700%, 01/15/2026		400		396
John Deere Capital MTN
0.400%, 10/10/2023		290		291
Johnson Controls International
1.750%, 09/15/2030		85		80
L3Harris Technologies
3.850%, 12/15/2026		500		558
Leidos
4.375%, 05/15/2030 (A)		300		335
Lockheed Martin
1.850%, 06/15/2030		500		491
Masco
2.000%, 10/01/2030		250		241
Norfolk Southern
3.155%, 05/15/2055		100		96
3.050%, 05/15/2050		500		479
Northrop Grumman
5.150%, 05/01/2040		500		635
Otis Worldwide
3.112%, 02/15/2040		200		200
2.056%, 04/05/2025		250		260
PACCAR Financial MTN
0.800%, 06/08/2023		500		504

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Quanta Services
2.900%, 10/01/2030	$	250	$	257
Raytheon Technologies
3.125%, 07/01/2050		300		291
2.250%, 07/01/2030		300		298
Republic Services
1.750%, 02/15/2032		300		278
Roper Technologies
2.000%, 06/30/2030		500		481
Southwest Airlines
5.250%, 05/04/2025		300		344
4.750%, 05/04/2023		800		865
Stanley Black & Decker
2.750%, 11/15/2050		350		322
Union Pacific
3.839%, 03/20/2060		500		533
3.799%, 04/06/2071 (A)		500		518
2.973%, 09/16/2062 (A)		100		91
2.150%, 02/05/2027		500		519
United Airlines Pass-Through Trust, Ser 2020-1, Cl A
5.875%, 10/15/2027		285		316
United Airlines Pass-Through Trust, Ser 2020-1, Cl B
4.875%, 01/15/2026		49		51
United Parcel Service
5.300%, 04/01/2050		500		692
5.200%, 04/01/2040		300		392
Waste Management
2.000%, 06/01/2029		50		50
0.750%, 11/15/2025		300		296
Xylem
2.250%, 01/30/2031		175		171
				28,335
Information Technology — 2.3%
Amdocs
2.538%, 06/15/2030		550		540
Apple
3.850%, 05/04/2043		500		575
2.800%, 02/08/2061		200		183
2.650%, 05/11/2050		300		278
2.650%, 02/08/2051		200		185
2.375%, 02/08/2041		200		188
1.650%, 05/11/2030		500		485
1.650%, 02/08/2031		200		192
1.200%, 02/08/2028		200		195
1.125%, 05/11/2025		500		506
0.750%, 05/11/2023		500		505
0.700%, 02/08/2026		200		197
Automatic Data Processing
3.375%, 09/15/2025		500		551

34 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
1.250%, 09/01/2030	$	40	$	37
Broadcom
4.150%, 11/15/2030		200		219
4.110%, 09/15/2028		300		331
3.459%, 09/15/2026		500		542
3.419%, 04/15/2033 (A)		300		304
Citrix Systems
1.250%, 03/01/2026		135		134
Dell International
5.850%, 07/15/2025 (A)		500		586
Fidelity National Information Services
3.100%, 03/01/2041		15		15
2.250%, 03/01/2031		100		98
1.650%, 03/01/2028		35		34
1.150%, 03/01/2026		55		54
0.600%, 03/01/2024		35		35
0.375%, 03/01/2023		40		40
Fiserv
4.400%, 07/01/2049		500		584
2.650%, 06/01/2030		300		305
Flex
4.875%, 05/12/2030		415		478
Global Payments
4.150%, 08/15/2049		500		555
2.900%, 05/15/2030		200		205
Hewlett Packard Enterprise
4.650%, 10/01/2024		300		336
4.450%, 10/02/2023		300		326
1.750%, 04/01/2026		50		51
1.450%, 04/01/2024		550		561
HP
2.200%, 06/17/2025		500		520
Intel
4.600%, 03/25/2040		300		365
3.400%, 03/25/2025		800		876
3.100%, 02/15/2060		500		478
International Business Machines
4.250%, 05/15/2049		500		586
4.150%, 05/15/2039		500		578
1.950%, 05/15/2030		200		196
1.700%, 05/15/2027		500		506
Intuit
0.950%, 07/15/2025		500		501
Jabil
1.700%, 04/15/2026		65		65
Juniper Networks
2.000%, 12/10/2030		125		117
Lam Research
2.875%, 06/15/2050		300		288
1.900%, 06/15/2030		500		489
Mastercard
3.650%, 06/01/2049		500		556

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Micron Technology
2.497%, 04/24/2023	$	500	$	518
Microsoft
2.921%, 03/17/2052		1,000		996
2.875%, 02/06/2024		500		532
2.675%, 06/01/2060		500		461
Motorola Solutions
2.300%, 11/15/2030		250		241
NetApp
2.700%, 06/22/2030		500		506
1.875%, 06/22/2025		500		513
NVIDIA
3.500%, 04/01/2040		300		328
2.850%, 04/01/2030		200		212
NXP BV
3.150%, 05/01/2027 (A)		300		321
2.700%, 05/01/2025 (A)		300		317
Oracle
4.100%, 03/25/2061		95		99
3.950%, 03/25/2051		120		125
3.650%, 03/25/2041		120		122
3.600%, 04/01/2040		500		511
3.600%, 04/01/2050		500		492
2.950%, 04/01/2030		200		207
2.875%, 03/25/2031		75		76
2.500%, 04/01/2025		500		528
2.300%, 03/25/2028		105		107
1.650%, 03/25/2026		70		71
PayPal Holdings
3.250%, 06/01/2050		300		303
1.650%, 06/01/2025		500		514
1.350%, 06/01/2023		500		509
QUALCOMM
2.150%, 05/20/2030		200		200
Texas Instruments
1.375%, 03/12/2025		500		512
Visa
2.050%, 04/15/2030		200		202
2.000%, 08/15/2050		100		83
1.100%, 02/15/2031		200		185
0.750%, 08/15/2027		95		92
Western Union
2.750%, 03/15/2031		100		97
1.350%, 03/15/2026		100		99
				26,610
Materials — 0.6%
Air Products and Chemicals
2.700%, 05/15/2040		300		292
Dow Chemical
3.600%, 11/15/2050		500		510
2.100%, 11/15/2030		500		482

Adviser Managed Trust / Quarterly Report / April 30, 2021 35

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
DuPont de Nemours
2.169%, 05/01/2023	$	800	$	803
Ecolab
2.125%, 08/15/2050		200		166
1.300%, 01/30/2031		160		147
EI du Pont de Nemours
1.700%, 07/15/2025		200		206
Linde
2.000%, 08/10/2050		95		78
1.100%, 08/10/2030		150		139
LYB International Finance III
4.200%, 10/15/2049		500		544
4.200%, 05/01/2050		200		218
3.800%, 10/01/2060		30		29
3.625%, 04/01/2051		40		40
3.375%, 10/01/2040		30		30
2.875%, 05/01/2025		200		213
2.250%, 10/01/2030		25		24
1.250%, 10/01/2025		20		20
Newmont
2.250%, 10/01/2030		400		392
Nucor
2.700%, 06/01/2030		400		411
2.000%, 06/01/2025		200		207
Nutrien
3.950%, 05/13/2050		200		222
1.900%, 05/13/2023		300		308
PPG Industries
2.550%, 06/15/2030		200		204
Reliance Steel & Aluminum
1.300%, 08/15/2025		85		85
Sherwin-Williams
3.300%, 05/15/2050		200		200
Steel Dynamics
3.250%, 10/15/2050		65		62
1.650%, 10/15/2027		40		39
Suzano Austria GmbH
3.750%, 01/15/2031		250		256
Vale Overseas
3.750%, 07/08/2030		225		237
				6,564
Real Estate — 0.9%
Alexandria Real Estate Equities
4.900%, 12/15/2030		300		361
3.000%, 05/18/2051		100		94
1.875%, 02/01/2033		70		64
American Tower
3.100%, 06/15/2050		250		233
1.875%, 10/15/2030		250		237
1.300%, 09/15/2025		500		501

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Boston Properties
3.250%, 01/30/2031	$	400	$	419
2.900%, 03/15/2030		500		509
Brixmor Operating Partnership
4.050%, 07/01/2030		150		165
Corporate Office Properties
2.250%, 03/15/2026		285		292
Crown Castle International
3.300%, 07/01/2030		200		212
2.900%, 04/01/2041		100		93
2.250%, 01/15/2031		500		485
1.350%, 07/15/2025		500		502
1.050%, 07/15/2026		100		97
CubeSmart
2.000%, 02/15/2031		65		62
CyrusOne
2.150%, 11/01/2030		50		47
Duke Realty
1.750%, 02/01/2031		140		132
Equinix
1.250%, 07/15/2025		500		499
1.000%, 09/15/2025		250		246
Essex Portfolio
1.700%, 03/01/2028		165		160
Federal Realty Investment Trust
1.250%, 02/15/2026		250		249
GLP Capital
4.000%, 01/15/2031		50		53
Healthcare Realty Trust
2.050%, 03/15/2031		65		62
Healthcare Trust of America Holdings
2.000%, 03/15/2031		110		104
Highwoods Realty
2.600%, 02/01/2031		65		64
Host Hotels & Resorts
3.500%, 09/15/2030		145		149
Kilroy Realty
2.500%, 11/15/2032		200		192
Kimco Realty
2.700%, 10/01/2030		200		202
1.900%, 03/01/2028		100		99
Life Storage
2.200%, 10/15/2030		45		43
National Retail Properties
3.500%, 04/15/2051		70		70
Office Properties Income Trust
4.500%, 02/01/2025		100		107
Omega Healthcare Investors
3.375%, 02/01/2031		250		253
Piedmont Operating Partnership
3.150%, 08/15/2030		100		98

36 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Prologis
2.250%, 04/15/2030	$	300	$	300
2.125%, 04/15/2027		300		310
Public Storage
0.875%, 02/15/2026		50		49
Realty Income
3.875%, 04/15/2025		500		552
3.250%, 01/15/2031		140		150
Retail Properties of America
4.750%, 09/15/2030		250		271
Simon Property Group
2.650%, 07/15/2030		250		253
2.200%, 02/01/2031		300		291
1.750%, 02/01/2028		300		294
Spirit Realty
3.200%, 02/15/2031		200		205
STORE Capital
2.750%, 11/18/2030		50		50
UDR MTN
2.100%, 06/15/2033		200		186
VEREIT Operating Partnership
3.400%, 01/15/2028		25		27
2.850%, 12/15/2032		65		67
2.200%, 06/15/2028		65		65
Welltower
2.800%, 06/01/2031		400		406
WP Carey
2.400%, 02/01/2031		150		145
				10,776
Utilities — 2.3%
AEP Texas
2.100%, 07/01/2030		300		291
AES
2.450%, 01/15/2031 (A)		150		145
1.375%, 01/15/2026 (A)		115		113
Alabama Power
1.450%, 09/15/2030		100		94
Ameren Illinois
1.550%, 11/15/2030		375		354
American Electric Power
1.000%, 11/01/2025		500		494
0.750%, 11/01/2023		145		145
American Water Capital
2.800%, 05/01/2030		300		312
Arizona Public Service
3.350%, 05/15/2050		300		305
Atmos Energy
1.500%, 01/15/2031		300		279
Avangrid
3.200%, 04/15/2025		500		539

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Baltimore Gas and Electric
2.900%, 06/15/2050	$	200	$	191
Berkshire Hathaway Energy
4.050%, 04/15/2025		500		557
3.700%, 07/15/2030		500		561
2.850%, 05/15/2051		50		46
1.650%, 05/15/2031		30		28
CenterPoint Energy Houston Electric LLC
2.900%, 07/01/2050		700		671
CMS Energy
4.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.116%, 06/01/2050		300		329
Commonwealth Edison
3.000%, 03/01/2050		500		488
Connecticut Light and Power
0.750%, 12/01/2025		400		394
Consolidated Edison
0.650%, 12/01/2023		400		400
Consolidated Edison of New York
3.000%, 12/01/2060		525		475
Consumers Energy Co
3.500%, 08/01/2051		500		543
Dominion Energy
3.375%, 04/01/2030		500		538
DTE Electric
2.250%, 03/01/2030		300		303
DTE Energy
1.050%, 06/01/2025		350		349
0.550%, 11/01/2022		55		55
Duke Energy
2.450%, 06/01/2030		700		697
0.900%, 09/15/2025		155		153
Duke Energy Florida
1.750%, 06/15/2030		200		192
Duke Energy Indiana
2.750%, 04/01/2050		500		457
Duke Energy Progress
2.500%, 08/15/2050		500		440
Eastern Energy Gas Holdings
2.500%, 11/15/2024		300		316
Entergy
0.900%, 09/15/2025		475		466
Entergy Arkansas
2.650%, 06/15/2051		255		232
Entergy Louisiana
2.900%, 03/15/2051		100		95
1.600%, 12/15/2030		100		94
0.620%, 11/17/2023		25		25
Essential Utilities
3.351%, 04/15/2050		300		296

Adviser Managed Trust / Quarterly Report / April 30, 2021 37

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Evergy
2.450%, 09/15/2024	$	500	$	524
Eversource Energy
3.450%, 01/15/2050		125		127
1.650%, 08/15/2030		100		94
0.800%, 08/15/2025		60		59
Exelon Generation
3.250%, 06/01/2025		300		322
Florida Power & Light
2.850%, 04/01/2025		500		536
Georgia Power
3.250%, 03/15/2051		70		68
2.100%, 07/30/2023		300		310
Kentucky Utilities
3.300%, 06/01/2050		300		304
National Fuel Gas
5.500%, 01/15/2026		500		579
National Rural Utilities Cooperative Finance
1.350%, 03/15/2031		200		182
1.000%, 06/15/2026		250		245
NextEra Energy Capital Holdings
2.750%, 05/01/2025		500		533
2.750%, 11/01/2029		500		520
2.250%, 06/01/2030		500		494
NiSource
3.600%, 05/01/2030		300		328
0.950%, 08/15/2025		175		173
Northern States Power Co
2.600%, 06/01/2051		500		459
Oglethorpe Power
3.750%, 08/01/2050 (A)		125		127
Ohio Power
1.625%, 01/15/2031		100		94
Oncor Electric Delivery Co LLC
3.100%, 09/15/2049		500		501
ONE Gas
1.100%, 03/11/2024		200		200
Pacific Gas and Electric
4.950%, 07/01/2050		500		512
4.550%, 07/01/2030		500		537
4.500%, 07/01/2040		500		502
3.150%, 01/01/2026		500		521
PacifiCorp
3.300%, 03/15/2051		500		509
2.700%, 09/15/2030		300		310
Piedmont Natural Gas
3.350%, 06/01/2050		300		297
Pinnacle West Capital
1.300%, 06/15/2025		500		502
Public Service Electric and Gas MTN
2.050%, 08/01/2050		750		611

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
San Diego Gas & Electric
1.700%, 10/01/2030	$	465	$	444
Southern
4.000%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.733%, 01/15/2051		250		267
3.700%, 04/30/2030		500		546
Southern California Edison
4.875%, 03/01/2049		500		590
2.250%, 06/01/2030		125		123
1.200%, 02/01/2026		440		436
Southern Gas Capital
1.750%, 01/15/2031		75		70
Southwestern Public Service
3.150%, 05/01/2050		300		301
Tucson Electric Power
1.500%, 08/01/2030		90		84
Union Electric
2.625%, 03/15/2051		155		143
Virginia Electric and Power
2.450%, 12/15/2050		125		110
Washington Gas Light MTN
3.650%, 09/15/2049		40		42
WEC Energy Group
0.550%, 09/15/2023		250		250
Xcel Energy
0.500%, 10/15/2023		100		100
				27,048
Total Corporate Obligations (Cost $332,892) ($ Thousands)				325,141
MORTGAGE-BACKED SECURITIES — 27.4%
Agency Mortgage-Backed Obligations — 26.1%
FHLMC
4.500%, 05/01/2048 to 10/01/2048		7,855		8,583
4.000%, 05/01/2050		6,865		7,377
3.500%, 11/01/2045		914		989
3.000%, 07/01/2033 to 08/01/2047		8,934		9,424
2.500%, 10/01/2040		4,567		4,766
2.000%, 11/01/2050 to 01/01/2051		16,023		16,192
FHLMC Multifamily Structured Pass-Through Certificates, Ser K073, Cl A2
3.350%, 01/25/2028		1,000		1,121
FHLMC Multifamily Structured Pass-Through Certificates, Ser K074, Cl A2
3.600%, 01/25/2028		815		927
FHLMC Multifamily Structured Pass-Through Certificates, Ser K091, Cl A2
3.505%, 03/25/2029		5,000		5,688

38 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FHLMC Multifamily Structured Pass-Through Certificates, Ser K092, Cl A2
3.298%, 04/25/2029	$	315	$	354
FHLMC Multifamily Structured Pass-Through Certificates, Ser K722, Cl A2
2.406%, 03/25/2023		1,500		1,549
FNMA
5.000%, 12/01/2048		3,532		3,909
4.500%, 05/01/2046		3,661		4,106
4.000%, 01/01/2048 to 01/01/2049		16,377		17,661
3.500%, 08/01/2030 to 06/01/2050		35,930		38,468
3.000%, 02/01/2034 to 07/01/2050		42,339		44,584
2.500%, 08/01/2031 to 11/01/2050		44,742		46,550
2.000%, 01/01/2051 to 05/01/2051		12,053		12,177
FNMA, Ser 2019-M7, Cl A2
3.143%, 04/25/2029		1,250		1,382
GNMA
4.500%, 09/20/2046 to 01/20/2049		6,179		6,769
4.000%, 09/20/2047 to 05/20/2049		9,845		10,543
3.500%, 11/20/2041 to 07/20/2050		18,767		20,064
3.000%, 09/20/2046 to 07/20/2050		21,366		22,476
2.500%, 08/20/2050		4,703		4,889
GNMA TBA
2.000%, 05/15/2051		5,000		5,099
UMBS TBA
2.000%, 05/15/2051		2,550		2,574
1.500%, 05/15/2051		5,000		4,897
				303,118
Non-Agency Mortgage-Backed Obligations — 1.3%
BANK, Ser 2019-BN21, Cl A5
2.851%, 10/17/2052		5,000		5,265
BANK, Ser 2019-BN24, Cl A2
2.707%, 11/15/2062		500		517
BBCMS Mortgage Trust, Ser 2017-C1, Cl A4
3.674%, 02/15/2050		190		210
Benchmark Mortgage Trust, Ser 2020-B18, Cl A5
1.925%, 07/15/2053		396		388
Benchmark Mortgage Trust, Ser 2020-B21, Cl A5
1.978%, 12/17/2053		1,000		978
GS Mortgage Securities II, Ser 2013-GC10, Cl A5
2.943%, 02/10/2046		560		579
Wells Fargo Commercial Mortgage Trust, Ser 2014-LC16, Cl A5
3.817%, 08/15/2050		5,000		5,390

Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Wells Fargo Commercial Mortgage Trust, Ser 2018-C44, Cl A5
4.212%, 05/15/2051	$	1,500	$	1,709
				15,036
Total Mortgage-Backed Securities (Cost $318,608) ($ Thousands)				318,154
SOVEREIGN DEBT — 7.6%
Bundesrepublik Deutschland Bundesanleihe
5.625%, 01/04/2028	EUR	600		1,022
2.500%, 08/15/2046		500		931
1.750%, 02/15/2024		800		1,030
1.500%, 05/15/2024		800		1,028
0.000%, 08/15/2026		800		992
Canada Government International Bond
5.000%, 06/01/2037	CAD	800		936
2.000%, 11/15/2022	$	200		206
1.625%, 01/22/2025		500		519
0.250%, 08/01/2022	CAD	1,150		935
Chile Government International Bond
2.450%, 01/31/2031	$	500		509
Colombia Government International Bond
6.125%, 01/18/2041		500		599
3.875%, 02/15/2061		200		177
3.125%, 04/15/2031		200		196
3.000%, 01/30/2030		500		490
Export-Import Bank of Korea
3.250%, 11/10/2025		500		546
1.875%, 02/12/2025		500		516
French Republic Government Bond OAT
5.750%, 10/25/2032	EUR	500		985
4.500%, 04/25/2041		500		1,044
2.500%, 05/25/2030		700		1,034
1.750%, 05/25/2023		1,600		2,022
1.750%, 06/25/2039 (A)		439		639
1.500%, 05/25/2050 (A)		800		1,112
1.000%, 05/25/2027		800		1,041
0.500%, 05/25/2026		800		1,008
Indonesia Government International Bond
4.200%, 10/15/2050	$	300		331
3.050%, 03/12/2051		200		197
2.850%, 02/14/2030		500		515
Israel Government International Bond
3.875%, 07/03/2050		300		334
Italy Buoni Poliennali Del Tesoro
5.000%, 08/01/2034 (A)	EUR	600		1,059
4.750%, 08/01/2023 (A)		700		938
3.850%, 09/01/2049 (A)		575		995

Adviser Managed Trust / Quarterly Report / April 30, 2021 39

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
2.450%, 09/01/2033 (A)	EUR	700	$	972
1.850%, 07/01/2025 (A)		800		1,035
1.650%, 03/01/2032 (A)		800		1,031
0.500%, 02/01/2026		840		1,029
0.300%, 08/15/2023 (A)		800		975
Italy Government International Bond
4.000%, 10/17/2049	$	500		513
2.375%, 10/17/2024		500		521
Japan Bank for International Cooperation
1.875%, 04/15/2031		400		400
1.250%, 01/21/2031		200		189
0.625%, 05/22/2023		500		503
0.625%, 07/15/2025		200		198
0.375%, 09/15/2023		420		420
Japan Government Five Year Bond
0.100%, 03/20/2025	JPY	189,000		1,744
Japan Government Forty Year Bond
2.200%, 03/20/2050		145,000		1,867
Japan Government Ten Year Bond
0.600%, 03/20/2024		330,000		3,083
0.100%, 09/20/2026		115,000		1,063
0.100%, 03/20/2030		289,000		2,658
0.100%, 06/20/2030		170,000		1,562
Japan Government Thirty Year Bond
2.400%, 02/20/2030		215,000		2,374
2.400%, 11/20/2031		210,000		2,380
2.300%, 03/20/2040		190,000		2,324
0.400%, 03/20/2050		180,000		1,543
0.300%, 06/20/2046		110,000		943
Japan Government Twenty Year Bond
2.200%, 03/20/2028		200,000		2,112
2.100%, 03/20/2027		150,000		1,548
2.000%, 06/20/2025		315,000		3,135
0.500%, 12/20/2040		55,000		507
0.400%, 03/20/2040		183,000		1,662
Japan Government Two Year Bond
0.100%, 06/01/2022		219,000		2,009
Mexico Government International Bond
6.050%, 01/11/2040	$	500		610
5.000%, 04/27/2051		300		327
3.900%, 04/27/2025		500		555
3.771%, 05/24/2061		225		200
3.750%, 04/19/2071		200		175
3.250%, 04/16/2030		500		511
2.659%, 05/24/2031		210		202
Panama Government International Bond
4.500%, 04/01/2056		500		550
3.160%, 01/23/2030		500		523
2.252%, 09/29/2032		200		191
Peruvian Government International Bond
2.392%, 01/23/2026		500		513

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
Philippine Government International Bond
3.950%, 01/20/2040	$	500	$	545
2.950%, 05/05/2045		300		287
2.457%, 05/05/2030		500		514
Province of Alberta Canada
1.875%, 11/13/2024		500		522
1.300%, 07/22/2030		500		470
1.000%, 05/20/2025		1,000		1,008
Province of British Columbia Canada
1.300%, 01/29/2031		750		713
Province of Ontario Canada
3.050%, 01/29/2024		500		535
2.000%, 10/02/2029		500		508
1.750%, 01/24/2023		1,000		1,025
1.050%, 05/21/2027		500		492
0.625%, 01/21/2026		1,000		984
Province of Quebec Canada
1.500%, 02/11/2025		500		515
1.350%, 05/28/2030		500		479
0.600%, 07/23/2025		150		149
State of Israel
2.500%, 01/15/2030		150		155
United Kingdom Gilt
5.000%, 03/07/2025	GBP	700		1,145
4.750%, 12/07/2030		675		1,271
4.250%, 06/07/2032		500		931
4.250%, 12/07/2040		500		1,052
4.250%, 12/07/2046		241		544
3.500%, 07/22/2068		325		826
3.250%, 01/22/2044		600		1,146
1.625%, 10/22/2054		103		154
1.500%, 07/22/2026		700		1,023
1.250%, 07/22/2027		700		1,011
0.625%, 10/22/2050		271		310
Uruguay Government International Bond
4.500%, 08/14/2024	$	1,000		1,082
4.375%, 10/27/2027		300		343
Total Sovereign Debt (Cost $87,995) ($ Thousands)				88,282
U.S. GOVERNMENT AGENCY OBLIGATIONS — 1.6%
FHLB
0.500%, 04/14/2025		2,000		1,991
0.125%, 03/17/2023		1,500		1,498
FHLMC
0.375%, 04/20/2023		1,000		1,004
0.375%, 05/05/2023		1,000		1,004
0.375%, 09/23/2025		925		910
0.250%, 06/26/2023		1,000		1,001
0.125%, 10/16/2023		760		758

40 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
FNMA
5.625%, 07/15/2037	$	2,500	$	3,738
0.750%, 10/08/2027		1,500		1,453
0.625%, 04/22/2025		1,000		999
0.500%, 06/17/2025		1,000		992
0.250%, 05/22/2023		1,000		1,001
0.250%, 07/10/2023		1,365		1,366
Tennessee Valley Authority
0.750%, 05/15/2025		1,000		1,003
Total U.S. Government Agency Obligations (Cost $19,003) ($ Thousands)				18,718
MUNICIPAL BONDS — 0.4%
California — 0.1%
California State, GO
2.500%, 10/01/2029		500		525
Los Angeles, Community College District, GO
1.806%, 08/01/2030		50		49
1.606%, 08/01/2028		50		50
Los Angeles, Community College District, GO Callable 08/01/2030 @ 100
2.106%, 08/01/2032		50		50
Regents of the University of California, Medical Center Pooled Revenue, Ser N, RB Callable 11/15/2049 @ 100
3.006%, 05/15/2050		500		489
San Francisco, Public Utilities Commission Water Revenue, Ser E, RB Callable 11/01/2030 @ 100
2.825%, 11/01/2041		100		102
				1,265
Florida — 0.0%
Florida State, Board of Administration Finance, Ser A, RB
2.154%, 07/01/2030		50		50
1.705%, 07/01/2027		50		50
1.258%, 07/01/2025		50		51
				151
Maryland — 0.0%
Maryland State, Health & Higher Educational Facilities Authority, RB
3.197%, 07/01/2050		35		35

Description	Face Amount (Thousands)		Market Value ($ Thousands)
MUNICIPAL BONDS (continued)
Maryland State, Health & Higher Educational Facilities Authority, RB Callable 01/01/2040 @ 100
3.052%, 07/01/2040	$	35	$	35
				70
Massachusetts — 0.0%
Massachusetts State, School Building Authority, Ser C, RB Callable 05/15/2030 @ 100
2.950%, 05/15/2043		100		102
Michigan — 0.1%
Great Lakes, Water Authority, Sewage Disposal System Revenue, Ser A, RB
3.056%, 07/01/2039		500		512
New York — 0.1%
New York & New Jersey, Port Authority, RB Callable 07/15/2031 @ 100
3.175%, 07/15/2060		660		650
New York & New Jersey, Port Authority, Ser AAA, RB
1.086%, 07/01/2023		65		66
				716
Texas — 0.1%
Grand Parkway, Transportation Corp, RB Callable 04/01/2030 @ 100
3.236%, 10/01/2052		500		506
Texas State, Transportation Commission, GO Callable 10/01/2030 @ 100
2.472%, 10/01/2044		1,200		1,164
				1,670
Virginia — 0.0%
University of Virginia, RB Callable 03/01/2050 @ 100
2.256%, 09/01/2050		120		110
Total Municipal Bonds (Cost $4,763) ($ Thousands)				4,596
ASSET-BACKED SECURITIES — 0.3%
American Express Credit Account Master Trust, Ser 2017-7, Cl A
2.350%, 05/15/2025		350		361
American Express Credit Account Master Trust, Ser 2019-3, Cl A
2.000%, 04/15/2025		175		179

Adviser Managed Trust / Quarterly Report / April 30, 2021 41

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Core Fixed Income Fund (Concluded)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
ASSET-BACKED SECURITIES (continued)
AmeriCredit Automobile Receivables Trust, Ser 2020-3, Cl A3
0.530%, 06/18/2025	$	69	$	69
AmeriCredit Automobile Receivables Trust, Ser 2021-1, Cl A3
0.370%, 08/18/2025		133		133
CarMax Auto Owner Trust, Ser 2020-4, Cl A3
0.500%, 08/15/2025		250		251
Drive Auto Receivables Trust, Ser 2021-1, Cl A3
0.440%, 11/15/2024		120		120
Ford Credit Auto Owner Trust, Ser 2020-C, Cl A3
0.410%, 07/15/2025		350		350
Ford Credit Floorplan Master Owner Trust, Ser 2020-1, Cl A1
0.700%, 09/15/2025		350		352
GM Financial Automobile Leasing Trust, Ser 2020-3, Cl A3
0.450%, 08/21/2023		250		251
GM Financial Consumer Automobile Receivables Trust, Ser 2020-3, Cl A3
0.450%, 04/16/2025		80		80
GM Financial Consumer Automobile Receivables Trust, Ser 2020-4, Cl A3
0.380%, 08/18/2025		100		100

Description	Face Amount (Thousands)		Market Value ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Honda Auto Receivables Owner Trust, Ser 2020-3, Cl A3
0.370%, 10/18/2024	$	250	$	250
Hyundai Auto Receivables Trust, Ser 2020- C, Cl A3
0.380%, 05/15/2025		94		94
Santander Drive Auto Receivables Trust, Ser 2020-3, Cl C
1.120%, 01/15/2026		150		151
Toyota Auto Receivables Owner Trust, Ser 2020-C, Cl A3
0.440%, 10/15/2024		269		269
Verizon Owner Trust, Ser 2020-B, Cl A
0.470%, 02/20/2025		350		352
Volkswagen Auto Lease Trust, Ser 2020-A, Cl A3
0.390%, 01/22/2024		100		100
World Omni Auto Receivables Trust, Ser 2020-C, Cl A3
0.480%, 11/17/2025		80		80
Total Asset-Backed Securities (Cost $3,538) ($ Thousands)				3,542
Total Investments in Securities — 99.3% (Cost $1,178,925) ($ Thousands)			$	1,154,218

A list of the open forward foreign currency contracts held by the Fund at April 30, 2021, is as follows:

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized         Depreciation (Thousands)
Brown Brothers Harriman		06/02/21	CAD		2,327	USD		1,841	$	(51)
Brown Brothers Harriman		06/02/21	GBP		6,872	USD		9,428		(86)
Brown Brothers Harriman		06/02/21	EUR		18,628	USD		21,870		(568)
Brown Brothers Harriman		06/02/21	JPY		3,563,338	USD		32,301		(312)
									$	(1,017)

Percentages are based on Net Assets of $1,162,391 ($ Thousands).

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On April 30, 2021, the value of these securities amounted to $18,690 ($ Thousands), representing 1.6% of the Net Assets of the Fund.

CAD — Canadian Dollar

Cl — Class

DAC — Designated Activity Company

EUR — Euro

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GBP — British Pound Sterling

GNMA — Government National Mortgage Association

GO — General Obligation

ICE— Intercontinental Exchange

JPY — Japanese Yen

LIBOR— London Interbank Offered Rate

LLC — Limited Liability Company

MTN — Medium Term Note

OAT — Obligations assimilables du Tresor (French Treasury Obligations)

RB — Revenue Bond

Ser — Series

TBA — To Be Announced

UMBS — Uniform Mortgage Backed Securities

USD — U.S. Dollar

VAR — Variable Rate

42 Adviser Managed Trust / Quarterly Report / April 30, 2021

The following is a list of inputs used as of April 30, 2021 in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1     ($)		Level 2     ($)		Level 3     ($)		Total   ($)
U.S. Treasury Obligations		–		395,785		–		395,785
Corporate Obligations		–		325,141		–		325,141
Mortgage-Backed Securities		–		318,154		–		318,154
Sovereign Debt		–		88,282		–		88,282
U.S. Government Agency Obligations		–		18,718		–		18,718
Municipal Bonds		–		4,596		–		4,596
Asset-Backed Securities		–		3,542		–		3,542
Total Investments in Securities		–		1,154,218		–		1,154,218
Other Financial Instruments	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Forwards Contracts*
Unrealized Depreciation		–		(1,017)		–		(1,017)
Total Other Financial Instruments		–		(1,017)		–		(1,017)

* Forwards contracts are valued at the unrealized depreciation on the instruments.

For the period ended April 30, 2021, there were no transfers in or out of Level 3.

Amounts designated as “—” are either $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

Adviser Managed Trust / Quarterly Report / April 30, 2021 43

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund 

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS — 58.8%
Communication Services — 8.2%
Advantage Sales & Marketing
6.500%, 11/15/2028 (A)	$	20	$	21
Altice Financing
7.500%, 05/15/2026 (A)		400		415
Altice France
8.125%, 02/01/2027 (A)		200		219
7.375%, 05/01/2026 (A)		588		610
5.125%, 01/15/2029 (A)		46		46
5.125%, 07/15/2029 (A)		282		282
Altice France Holding
10.500%, 05/15/2027 (A)		160		180
6.000%, 02/15/2028 (A)		200		199
AMC Entertainment Holdings
12.000%cash/0% PIK, 06/15/2026 (A)		100		86
10.500%, 04/15/2025 (A)		100		107
AMC Networks
4.250%, 02/15/2029		80		79
ANGI Group
3.875%, 08/15/2028 (A)		50		50
Arches Buyer
6.125%, 12/01/2028 (A)		100		102
Beasley Mezzanine Holdings
8.625%, 02/01/2026 (A)		50		51
Block Communications
4.875%, 03/01/2028 (A)		50		51
C&W Senior Financing DAC
6.875%, 09/15/2027 (A)		200		212
Cablevision Lightpath
3.875%, 09/15/2027 (A)		200		197
Cars.com
6.375%, 11/01/2028 (A)		100		104
CCO Holdings
5.875%, 05/01/2027 (A)		450		464
5.750%, 02/15/2026 (A)		174		180
5.375%, 06/01/2029 (A)		100		109
5.125%, 05/01/2027 (A)		400		419
5.000%, 02/01/2028 (A)		138		144
4.750%, 03/01/2030 (A)		300		313
4.500%, 08/15/2030 (A)		100		102
4.500%, 05/01/2032 (A)		250		253
4.500%, 06/01/2033 (A)		43		43
4.250%, 02/01/2031 (A)		500		499
Cincinnati Bell
7.000%, 07/15/2024 (A)		150		155
Cinemark USA
5.875%, 03/15/2026 (A)		100		104
4.875%, 06/01/2023		150		150
Clear Channel Outdoor Holdings
7.750%, 04/15/2028 (A)		30		31
Clear Channel Worldwide Holdings
9.250%, 02/15/2024		200		209

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
5.125%, 08/15/2027 (A)	$	351	$	356
Cogent Communications Group
3.500%, 05/01/2026 (A)		25		25
Connect Finco Sarl
6.750%, 10/01/2026 (A)		200		209
Consolidated Communications
6.500%, 10/01/2028 (A)		100		108
5.000%, 10/01/2028 (A)		50		51
CSC Holdings
7.500%, 04/01/2028 (A)		100		110
6.500%, 02/01/2029 (A)		155		171
5.875%, 09/15/2022		100		105
5.750%, 01/15/2030 (A)		150		159
5.500%, 05/15/2026 (A)		300		309
5.500%, 04/15/2027 (A)		500		524
5.375%, 02/01/2028 (A)		100		105
4.500%, 11/15/2031 (A)		220		220
Diamond Sports Group
6.625%, 08/15/2027 (A)		300		163
5.375%, 08/15/2026 (A)		400		292
DISH DBS
7.750%, 07/01/2026		100		115
7.375%, 07/01/2028		200		215
5.875%, 07/15/2022		190		199
5.875%, 11/15/2024		250		270
5.000%, 03/15/2023		200		209
DKT Finance ApS
9.375%, 06/17/2023 (A)		100		103
Embarq
7.995%, 06/01/2036		200		233
Entercom Media Corp
6.750%, 03/31/2029 (A)		50		52
6.500%, 05/01/2027 (A)		100		103
Frontier Communications
5.875%, 10/15/2027 (A)		200		213
5.000%, 05/01/2028 (A)		200		204
GCI
4.750%, 10/15/2028 (A)		100		103
Getty Images
9.750%, 03/01/2027 (A)		32		34
Gray Television
7.000%, 05/15/2027 (A)		200		218
4.750%, 10/15/2030 (A)		100		100
iHeartCommunications
8.375%, 05/01/2027		264		283
5.250%, 08/15/2027 (A)		80		83
LCPR Senior Secured Financing DAC
6.750%, 10/15/2027 (A)		200		215
Level 3 Financing
4.625%, 09/15/2027 (A)		331		341
3.625%, 01/15/2029 (A)		254		246

44 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Ligado Networks
15.500%cash/0% PIK, 11/01/2023 (A)	$	400	$	394
Live Nation Entertainment
6.500%, 05/15/2027 (A)		158		175
4.875%, 11/01/2024 (A)		138		141
4.750%, 10/15/2027 (A)		100		101
LogMeIn
5.500%, 09/01/2027 (A)		100		104
Lumen Technologies
7.650%, 03/15/2042		150		171
7.500%, 04/01/2024		330		369
6.875%, 01/15/2028		34		38
6.750%, 12/01/2023		75		83
5.125%, 12/15/2026 (A)		125		131
Match Group Holdings II
4.625%, 06/01/2028 (A)		50		52
McGraw Hill
8.000%, 11/30/2024 (A)		50		51
Meredith
6.875%, 02/01/2026		120		123
National CineMedia
5.875%, 04/15/2028 (A)		38		36
Netflix
5.875%, 02/15/2025		30		35
5.875%, 11/15/2028		400		487
4.875%, 04/15/2028		135		155
4.875%, 06/15/2030 (A)		100		116
News
3.875%, 05/15/2029 (A)		30		31
Nexstar Broadcasting
5.625%, 07/15/2027 (A)		201		212
4.750%, 11/01/2028 (A)		100		102
Nokia
6.625%, 05/15/2039		50		64
4.375%, 06/12/2027		20		22
Northwest Fiber
6.000%, 02/15/2028 (A)		100		100
Photo Holdings Merger Sub
8.500%, 10/01/2026 (A)		150		164
Playtika Holding
4.250%, 03/15/2029 (A)		55		55
Radiate Holdco
6.500%, 09/15/2028 (A)		100		104
Rakuten Group
5.125%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.578%(A)(B)(C)		200		203
Sable International Finance
5.750%, 09/07/2027 (A)		100		105
Scripps Escrow II
5.375%, 01/15/2031 (A)		150		152

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Sinclair Television Group
5.875%, 03/15/2026 (A)	$	50	$	51
5.125%, 02/15/2027 (A)		267		264
Sirius XM Radio
5.375%, 07/15/2026 (A)		100		103
5.000%, 08/01/2027 (A)		500		524
4.625%, 07/15/2024 (A)		200		205
4.125%, 07/01/2030 (A)		10		10
Sprint
7.875%, 09/15/2023		500		570
7.625%, 02/15/2025		150		179
7.625%, 03/01/2026		100		123
7.125%, 06/15/2024		230		266
Sprint Capital
8.750%, 03/15/2032		100		148
6.875%, 11/15/2028		100		126
Sprint Communications
6.000%, 11/15/2022		500		534
TEGNA
4.625%, 03/15/2028		91		93
Telecom Italia
5.303%, 05/30/2024 (A)		105		115
Telecom Italia Capital
7.721%, 06/04/2038		200		262
7.200%, 07/18/2036		200		248
Telesat Canada
6.500%, 10/15/2027 (A)		200		197
5.625%, 12/06/2026 (A)		27		27
4.875%, 06/01/2027 (A)		50		49
Terrier Media Buyer
8.875%, 12/15/2027 (A)		200		217
T-Mobile USA
6.000%, 04/15/2024		204		205
4.750%, 02/01/2028		200		214
3.500%, 04/15/2031		160		162
3.375%, 04/15/2029		200		203
2.625%, 04/15/2026		95		97
2.625%, 02/15/2029		200		195
2.250%, 02/15/2026		20		20
Townsquare Media
6.875%, 02/01/2026 (A)		50		52
Trilogy International Partners
8.875%, 05/01/2022 (A)		100		98
Twitter
3.875%, 12/15/2027 (A)		100		105
Univision Communications
9.500%, 05/01/2025 (A)		100		111
6.625%, 06/01/2027 (A)		300		325
UPC Broadband Finco BV
4.875%, 07/15/2031 (A)		200		199
UPC Holding BV
5.500%, 01/15/2028 (A)		50		52

Adviser Managed Trust / Quarterly Report / April 30, 2021 45

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Urban One
7.375%, 02/01/2028 (A)	$	100	$	104
ViacomCBS
6.250%, VAR ICE LIBOR USD 3 Month+3.899%, 02/28/2057		142		159
Videotron
5.375%, 06/15/2024 (A)		100		110
5.000%, 07/15/2022		135		141
Virgin Media Finance
5.000%, 07/15/2030 (A)		90		90
Virgin Media Secured Finance
5.500%, 05/15/2029 (A)		379		405
Windstream Escrow
7.750%, 08/15/2028 (A)		259		270
WMG Acquisition
3.875%, 07/15/2030 (A)		100		101
Zayo Group Holdings
4.000%, 03/01/2027 (A)		100		99
Ziggo BV
5.500%, 01/15/2027 (A)		297		309
5.125%, 02/28/2030 (A)		100		102
				24,947
Consumer Discretionary — 9.3%
1011778 BC ULC
5.750%, 04/15/2025 (A)		50		53
4.375%, 01/15/2028 (A)		20		20
4.000%, 10/15/2030 (A)		100		98
3.875%, 01/15/2028 (A)		351		355
99 Escrow Issuer
7.500%, 01/15/2026 (A)		100		96
Adtalem Global Education
5.500%, 03/01/2028 (A)		100		100
Affinity Gaming
6.875%, 12/15/2027 (A)		122		130
American Axle & Manufacturing
6.250%, 04/01/2025		100		104
6.250%, 03/15/2026		250		257
American Builders & Contractors Supply
5.875%, 05/15/2026 (A)		50		52
4.000%, 01/15/2028 (A)		100		102
Aramark Services
5.000%, 02/01/2028 (A)		100		105
4.750%, 06/01/2026		300		307
Aston Martin Capital Holdings
10.500%, 11/30/2025 (A)		300		326
At Home Holding III
8.750%, 09/01/2025 (A)		199		218
Bally’s
6.750%, 06/01/2027 (A)		50		53
BCPE Empire Holdings
7.625%, 05/01/2027 (A)		60		60

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Bed Bath & Beyond
3.749%, 08/01/2024	$	96	$	99
Bloomin’ Brands
5.125%, 04/15/2029 (A)		25		25
Boyd Gaming
8.625%, 06/01/2025 (A)		100		111
Boyne USA
4.750%, 05/15/2029 (A)		19		20
Brookfield Residential Properties
6.375%, 05/15/2025 (A)		100		102
C&S Group Enterprises
5.000%, 12/15/2028 (A)		100		99
Caesars Entertainment
8.125%, 07/01/2027 (A)		200		222
6.250%, 07/01/2025 (A)		300		319
Caesars Resort Collection
5.750%, 07/01/2025 (A)		293		308
5.250%, 10/15/2025 (A)		100		101
Carnival
11.500%, 04/01/2023 (A)		350		402
9.875%, 08/01/2027 (A)		250		294
7.625%, 03/01/2026 (A)		200		219
5.750%, 03/01/2027 (A)		362		382
Carriage Services
4.250%, 05/15/2029 (A)		50		50
Carvana
5.625%, 10/01/2025 (A)		100		103
5.500%, 04/15/2027 (A)		36		36
CCM Merger
6.375%, 05/01/2026 (A)		50		52
CD&R Smokey Buyer
6.750%, 07/15/2025 (A)		10		11
CEC Entertainment
6.750%, 05/01/2026 (A)		79		78
Cedar Fair
5.375%, 06/01/2024		250		252
5.250%, 07/15/2029		50		51
Chobani
4.625%, 11/15/2028 (A)		100		103
Churchill Downs
5.500%, 04/01/2027 (A)		117		121
4.750%, 01/15/2028 (A)		155		159
Cirsa Finance International Sarl
7.875%, 12/20/2023 (A)		200		204
Clarios Global
8.500%, 05/15/2027 (A)		200		216
6.250%, 05/15/2026 (A)		300		318
Cooper-Standard Automotive
5.625%, 11/15/2026 (A)		50		44
Core & Main Holdings
8.625%cash/0% PIK, 09/15/2024 (A)		100		102

46 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Crocs
4.250%, 03/15/2029 (A)	$	125	$	127
Dana
5.375%, 11/15/2027		153		163
4.250%, 09/01/2030		50		51
Dana Financing Luxembourg Sarl
6.500%, 06/01/2026 (A)		100		104
Dave & Buster’s
7.625%, 11/01/2025 (A)		100		108
Dealer Tire
8.000%, 02/01/2028 (A)		50		53
Diamond Resorts International
10.750%, 09/01/2024 (A)		100		106
Downstream Development Authority of the
Quapaw Tribe of Oklahoma 10.500%, 02/15/2023 (A)		50		52
DP World Salaam
6.000%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+5.750% (B)(C)		200		219
Eagle Intermediate Global Holding BV
7.500%, 05/01/2025 (A)		200		181
eG Global Finance
8.500%, 10/30/2025 (A)		200		212
Ferrellgas
5.875%, 04/01/2029 (A)		70		69
5.375%, 04/01/2026 (A)		100		99
Ford Motor
9.625%, 04/22/2030		106		149
8.500%, 04/21/2023		245		274
7.400%, 11/01/2046		200		249
5.291%, 12/08/2046		100		105
Ford Motor Credit
5.125%, 06/16/2025		268		293
4.542%, 08/01/2026		200		215
4.250%, 09/20/2022		92		95
4.134%, 08/04/2025		200		211
3.815%, 11/02/2027		200		205
3.375%, 11/13/2025		200		205
3.350%, 11/01/2022		200		205
3.339%, 03/28/2022		292		296
3.096%, 05/04/2023		300		307
2.979%, 08/03/2022		100		102
2.900%, 02/16/2028		200		196
Foundation Building Materials
6.000%, 03/01/2029 (A)		75		74
frontdoor
6.750%, 08/15/2026 (A)		100		106
Full House Resorts
8.250%, 02/15/2028 (A)		50		54
Gap
8.875%, 05/15/2027 (A)		50		58

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Golden Nugget
6.750%, 10/15/2024 (A)	$	100	$	101
Goodyear Tire & Rubber
5.625%, 04/30/2033		50		50
5.250%, 04/30/2031		100		101
5.125%, 11/15/2023		200		200
Group 1 Automotive
4.000%, 08/15/2028 (A)		54		54
GrubHub Holdings
5.500%, 07/01/2027 (A)		50		53
Guitar Center
8.500%, 01/15/2026 (A)		100		106
Hanesbrands
5.375%, 05/15/2025 (A)		100		105
4.625%, 05/15/2024 (A)		286		301
Hilton Domestic Operating
5.750%, 05/01/2028 (A)		100		108
4.875%, 01/15/2030		135		144
3.625%, 02/15/2032 (A)		215		211
Houghton Mifflin Harcourt Publishers
9.000%, 02/15/2025 (A)		100		107
IAA
5.500%, 06/15/2027 (A)		100		105
IHO Verwaltungs GmbH
6.000%cash/0% PIK, 05/15/2027 (A)		200		210
International Game Technology
6.500%, 02/15/2025 (A)		300		332
6.250%, 01/15/2027 (A)		150		169
IRB Holding
6.750%, 02/15/2026 (A)		250		259
Jaguar Holding II
4.625%, 06/15/2025 (A)		100		105
Jaguar Land Rover Automotive
7.750%, 10/15/2025 (A)		200		217
4.500%, 10/01/2027 (A)		100		95
JB Poindexter
7.125%, 04/15/2026 (A)		100		106
JBS USA LUX
6.750%, 02/15/2028 (A)		200		221
6.500%, 04/15/2029 (A)		150		168
KB Home
7.500%, 09/15/2022		50		54
Kronos Acquisition Holdings
7.000%, 12/31/2027 (A)		250		242
5.000%, 12/31/2026 (A)		47		47
L Brands
6.950%, 03/01/2033		200		233
6.694%, 01/15/2027		200		231
6.625%, 10/01/2030 (A)		100		115
5.625%, 10/15/2023		100		108
LBM Acquisition
6.250%, 01/15/2029 (A)		100		103

Adviser Managed Trust / Quarterly Report / April 30, 2021 47

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
LCM Investments Holdings II
4.875%, 05/01/2029 (A)	$	61	$	62
Legends Hospitality Holding
5.000%, 02/01/2026 (A)		80		83
Levi Strauss
3.500%, 03/01/2031 (A)		85		85
Life Time
8.000%, 04/15/2026 (A)		75		79
5.750%, 01/15/2026 (A)		35		36
Lions Gate Capital Holdings
5.500%, 04/15/2029 (A)		110		110
Lithia Motors
4.625%, 12/15/2027 (A)		258		271
LSF9 Atlantis Holdings
7.750%, 02/15/2026 (A)		90		94
M/I Homes
5.625%, 08/01/2025		100		103
Macy’s
8.375%, 06/15/2025 (A)		100		110
Macy’s Retail Holdings
5.875%, 04/01/2029 (A)		90		92
4.300%, 02/15/2043		25		20
3.625%, 06/01/2024		12		12
2.875%, 02/15/2023		53		53
Magic Mergeco
7.875%, 05/01/2029 (A)		150		154
5.250%, 05/01/2028 (A)		85		86
Marriott Ownership Resorts
6.125%, 09/15/2025 (A)		116		123
4.750%, 01/15/2028		100		101
Mattamy Group
5.250%, 12/15/2027 (A)		100		105
4.625%, 03/01/2030 (A)		100		101
Mattel
6.750%, 12/31/2025 (A)		63		66
5.875%, 12/15/2027 (A)		135		148
3.750%, 04/01/2029 (A)		55		56
3.375%, 04/01/2026 (A)		30		31
Meritage Homes
3.875%, 04/15/2029 (A)		50		51
Merlin Entertainments
5.750%, 06/15/2026 (A)		100		106
Metis Merger Sub
6.500%, 05/15/2029 (A)		40		40
MGM Resorts International
6.000%, 03/15/2023		198		212
5.500%, 04/15/2027		100		109
4.750%, 10/15/2028		100		105
4.625%, 09/01/2026		100		105
Midwest Gaming Borrower
4.875%, 05/01/2029 (A)		44		44

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Mohegan Gaming & Entertainment
8.000%, 02/01/2026 (A)	$	90	$	91
7.875%, 10/15/2024 (A)		100		104
Murphy Oil USA
3.750%, 02/15/2031 (A)		85		84
NCL
5.875%, 03/15/2026 (A)		65		68
3.625%, 12/15/2024 (A)		200		192
NCL Finance
6.125%, 03/15/2028 (A)		65		68
NESCO Holdings II
5.500%, 04/15/2029 (A)		50		52
New Home
7.250%, 10/15/2025 (A)		50		53
Newell Brands
4.700%, 04/01/2026		250		278
4.350%, 04/01/2023		224		236
NMG Holding
7.125%, 04/01/2026 (A)		85		87
Oriflame Investment Holding
9.125%, 08/01/2024 (A)		100		106
Park River Holdings
5.625%, 02/01/2029 (A)		130		127
Party City Holdings
8.750%, 02/15/2026 (A)		90		92
Patrick Industries
4.750%, 05/01/2029 (A)		25		25
Peninsula Pacific Entertainment
8.500%, 11/15/2027 (A)		165		175
Penn National Gaming
5.625%, 01/15/2027 (A)		42		44
PetSmart
7.750%, 02/15/2029 (A)		250		271
PM General Purchaser
9.500%, 10/01/2028 (A)		100		110
Prime Security Services Borrower
6.250%, 01/15/2028 (A)		200		209
5.750%, 04/15/2026 (A)		100		109
3.375%, 08/31/2027 (A)		135		130
QVC
5.950%, 03/15/2043		50		50
5.450%, 08/15/2034		50		51
4.750%, 02/15/2027		200		211
Real Hero Merger Sub 2
6.250%, 02/01/2029 (A)		15		16
Rent-A-Center
6.375%, 02/15/2029 (A)		145		157
Royal Caribbean Cruises
11.500%, 06/01/2025 (A)		250		290
9.125%, 06/15/2023 (A)		66		73
7.500%, 10/15/2027		100		118
5.500%, 04/01/2028 (A)		160		168

48 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
5.250%, 11/15/2022	$	100	$	103
3.700%, 03/15/2028		42		40
Sally Holdings
5.625%, 12/01/2025		100		103
Scientific Games International
8.625%, 07/01/2025 (A)		100		109
8.250%, 03/15/2026 (A)		200		216
Service International
3.375%, 08/15/2030		100		97
Six Flags Entertainment
4.875%, 07/31/2024 (A)		205		206
Sizzling Platter
8.500%, 11/28/2025 (A)		100		101
Specialty Building Products Holdings
6.375%, 09/30/2026 (A)		100		105
SRS Distribution
8.250%, 07/01/2026 (A)		100		105
Station Casinos
4.500%, 02/15/2028 (A)		80		80
StoneMor
8.500%, 05/15/2029 (A)		33		33
Superior Plus
4.500%, 03/15/2029 (A)		40		41
Taylor Morrison Communities
6.625%, 07/15/2027 (A)		200		216
5.875%, 04/15/2023 (A)		100		107
Tempur Sealy International
5.500%, 06/15/2026		100		103
4.000%, 04/15/2029 (A)		100		101
Tenneco
5.125%, 04/15/2029 (A)		160		159
5.000%, 07/15/2026		50		48
Tesla
5.300%, 08/15/2025 (A)		250		259
Toll Brothers Finance
4.875%, 03/15/2027		100		113
3.800%, 11/01/2029		50		53
TopBuild
3.625%, 03/15/2029 (A)		75		74
Travel + Leisure
6.625%, 07/31/2026 (A)		200		229
Tri Pointe Homes
5.700%, 06/15/2028		100		111
5.250%, 06/01/2027		50		54
Triton Water Holdings
6.250%, 04/01/2029 (A)		105		106
Universal Entertainment
8.500%, 12/11/2024 (A)		100		108
US Foods
4.750%, 02/15/2029 (A)		40		40
Viking Cruises
13.000%, 05/15/2025 (A)		200		234

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
7.000%, 02/15/2029 (A)	$	50	$	52
5.875%, 09/15/2027 (A)		84		82
Viking Ocean Cruises Ship VII
5.625%, 02/15/2029 (A)		50		51
Vista Outdoor
4.500%, 03/15/2029 (A)		125		125
WASH Multifamily Acquisition
5.750%, 04/15/2026 (A)		70		73
Wheel Pros
6.500%, 05/15/2029 (A)		50		50
White Capital Buyer
6.875%, 10/15/2028 (A)		100		106
Winnebago Industries
6.250%, 07/15/2028 (A)		4		4
WW International
4.500%, 04/15/2029 (A)		60		59
Wynn Las Vegas
5.500%, 03/01/2025 (A)		200		214
5.250%, 05/15/2027 (A)		100		106
Yum! Brands
5.350%, 11/01/2043		100		104
4.750%, 01/15/2030 (A)		200		214
4.625%, 01/31/2032		70		73
3.625%, 03/15/2031		100		99
				28,407
Consumer Staples — 2.1%
Albertsons
5.875%, 02/15/2028 (A)		365		389
4.875%, 02/15/2030 (A)		200		208
Avon Products
6.500%, 03/15/2023		165		177
Central Garden & Pet
4.125%, 10/15/2030		50		52
4.125%, 04/30/2031 (A)		200		199
Coty
6.500%, 04/15/2026 (A)		100		101
5.000%, 04/15/2026 (A)		125		126
Edgewell Personal Care
4.125%, 04/01/2029 (A)		50		50
Energizer Holdings
4.750%, 06/15/2028 (A)		100		102
Kraft Heinz Foods
7.125%, 08/01/2039 (A)		90		127
6.875%, 01/26/2039		388		532
6.750%, 03/15/2032		250		330
5.000%, 07/15/2035		98		114
5.000%, 06/04/2042		475		548
4.875%, 10/01/2049		110		126
4.375%, 06/01/2046		300		320
3.875%, 05/15/2027		200		218
3.750%, 04/01/2030		100		107

Adviser Managed Trust / Quarterly Report / April 30, 2021 49

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Lamb Weston Holdings
4.875%, 05/15/2028 (A)	$	100	$	110
Performance Food Group
5.500%, 06/01/2024 (A)		200		201
Pilgrim’s Pride
4.250%, 04/15/2031 (A)		115		116
Post Holdings
5.625%, 01/15/2028 (A)		254		268
4.625%, 04/15/2030 (A)		200		202
4.500%, 09/15/2031 (A)		200		199
Primo Water Holdings
4.375%, 04/30/2029 (A)		38		38
Rite Aid
7.700%, 02/15/2027		172		169
SEG Holding
5.625%, 10/15/2028 (A)		50		53
Simmons Foods
4.625%, 03/01/2029 (A)		40		40
Spectrum Brands
3.875%, 03/15/2031 (A)		50		49
Staples
7.500%, 04/15/2026 (A)		500		517
Stena
7.000%, 02/01/2024 (A)		100		101
TreeHouse Foods
4.000%, 09/01/2028		50		50
Turning Point Brands
5.625%, 02/15/2026 (A)		40		41
United Natural Foods
6.750%, 10/15/2028 (A)		50		54
Vector Group
10.500%, 11/01/2026 (A)		100		106
5.750%, 02/01/2029 (A)		100		101
				6,241
Energy — 11.1%
Abu Dhabi Crude Oil Pipeline
4.600%, 11/02/2047		250		286
Aethon United BR
8.250%, 02/15/2026 (A)		95		101
Alliance Resource Operating Partners
7.500%, 05/01/2025 (A)		100		94
Antero Midstream Partners
7.875%, 05/15/2026 (A)		100		109
5.750%, 03/01/2027 (A)		150		152
5.750%, 01/15/2028 (A)		40		41
Antero Resources
5.000%, 03/01/2025		202		205
Apache
6.000%, 01/15/2037		100		113
5.350%, 07/01/2049		100		100
5.100%, 09/01/2040		100		103

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
4.750%, 04/15/2043	$	150	$	149
4.625%, 11/15/2025		100		106
4.375%, 10/15/2028		100		102
Archrock Partners
6.875%, 04/01/2027 (A)		200		213
Ascent Resources Utica Holdings
8.250%, 12/31/2028 (A)		50		54
7.000%, 11/01/2026 (A)		150		152
Baytex Energy
8.750%, 04/01/2027 (A)		150		139
5.625%, 06/01/2024 (A)		50		47
Berry Petroleum
7.000%, 02/15/2026 (A)		100		100
Blue Racer Midstream
7.625%, 12/15/2025 (A)		100		108
Bristow Group
6.875%, 03/01/2028 (A)		50		51
Buckeye Partners
5.850%, 11/15/2043		150		148
5.600%, 10/15/2044		50		48
4.125%, 03/01/2025 (A)		100		102
4.125%, 12/01/2027		50		49
3.950%, 12/01/2026		54		54
California Resources
7.125%, 02/01/2026 (A)		75		77
Callon Petroleum
6.250%, 04/15/2023		80		76
6.125%, 10/01/2024		50		46
Calumet Specialty Products Partners
11.000%, 04/15/2025 (A)		100		109
Centennial Resource Production
5.375%, 01/15/2026 (A)		100		94
CGG
8.750%, 04/01/2027 (A)		200		201
Cheniere Energy Partners
5.625%, 10/01/2026		354		369
4.000%, 03/01/2031 (A)		139		141
Chesapeake Energy
5.875%, 02/01/2029 (A)		60		65
5.500%, 02/01/2026 (A)		45		47
CNX Resources
7.250%, 03/14/2027 (A)		100		108
Colgate Energy Partners III
7.750%, 02/15/2026 (A)		25		25
Comstock Resources
6.750%, 03/01/2029 (A)		85		87
Continental Resources
5.750%, 01/15/2031 (A)		100		116
4.900%, 06/01/2044		100		104
4.500%, 04/15/2023		251		263
Crestwood Midstream Partners
6.000%, 02/01/2029 (A)		100		103

50 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
5.625%, 05/01/2027 (A)	$	60	$	61
CrownRock
5.625%, 10/15/2025 (A)		200		207
5.000%, 05/01/2029 (A)		13		13
CVR Energy
5.250%, 02/15/2025 (A)		200		201
DCP Midstream Operating
5.850%, VAR ICE LIBOR USD 3 Month+3.850%, 05/21/2043 (A)		150		136
5.375%, 07/15/2025		300		329
Double Eagle III Midco 1
7.750%, 12/15/2025 (A)		100		113
Empresa Nacional del Petroleo
3.750%, 08/05/2026		200		211
Encino Acquisition Partners Holdings
8.500%, 05/01/2028 (A)		92		90
Endeavor Energy Resources
6.625%, 07/15/2025 (A)		100		106
5.750%, 01/30/2028 (A)		100		107
Energy Ventures Gom
11.750%, 04/15/2026 (A)		25		26
EnLink Midstream
5.625%, 01/15/2028 (A)		150		155
EnLink Midstream Partners
5.050%, 04/01/2045		100		82
4.850%, 07/15/2026		150		151
4.150%, 06/01/2025		100		101
Enviva Partners
6.500%, 01/15/2026 (A)		100		105
EQM Midstream Partners
6.500%, 07/01/2027 (A)		100		110
6.500%, 07/15/2048		50		51
6.000%, 07/01/2025 (A)		100		109
5.500%, 07/15/2028		100		106
4.750%, 07/15/2023		200		209
4.500%, 01/15/2029 (A)		100		99
EQT Corp
8.500%, 02/01/2030		100		128
5.000%, 01/15/2029		50		55
3.900%, 10/01/2027		100		104
3.000%, 10/01/2022		84		86
Exterran Energy Solutions
8.125%, 05/01/2025		50		45
Genesis Energy
8.000%, 01/15/2027		25		26
7.750%, 02/01/2028		150		151
6.500%, 10/01/2025		150		151
Global Partners
7.000%, 08/01/2027		100		107
Harvest Midstream I
7.500%, 09/01/2028 (A)		60		65

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Hess Midstream Operations
5.625%, 02/15/2026 (A)	$	170	$	176
Hilcorp Energy I
6.250%, 11/01/2028 (A)		200		208
Independence Energy Finance
7.250%, 05/01/2026 (A)		65		65
Indigo Natural Resources
5.375%, 02/01/2029 (A)		110		109
Ithaca Energy North Sea
9.375%, 07/15/2024 (A)		100		100
KazMunayGas National JSC
6.375%, 10/24/2048		500		642
5.750%, 04/19/2047		200		240
5.375%, 04/24/2030		500		594
Laredo Petroleum
10.125%, 01/15/2028		30		31
Magnolia Oil & Gas Operating
6.000%, 08/01/2026 (A)		100		103
Matador Resources
5.875%, 09/15/2026		100		100
MEG Energy
5.875%, 02/01/2029 (A)		240		246
Moss Creek Resources Holdings
10.500%, 05/15/2027 (A)		200		188
Murphy Oil
6.375%, 07/15/2028		65		66
5.875%, 12/01/2027		302		304
Nabors Industries
7.500%, 01/15/2028 (A)		138		120
Neptune Energy Bondco
6.625%, 05/15/2025 (A)		200		203
New Fortress Energy
6.750%, 09/15/2025 (A)		150		155
6.500%, 09/30/2026 (A)		125		128
NGL Energy Operating
7.500%, 02/01/2026 (A)		140		147
NGL Energy Partners
7.500%, 11/01/2023		175		171
Northern Oil and Gas
8.125%, 03/01/2028 (A)		45		46
Northriver Midstream Finance
5.625%, 02/15/2026 (A)		55		57
NuStar Logistics
6.000%, 06/01/2026		100		108
5.750%, 10/01/2025		100		108
Oasis Midstream Partners
8.000%, 04/01/2029 (A)		50		51
Occidental Petroleum
8.500%, 07/15/2027		200		243
8.000%, 07/15/2025		50		58
7.500%, 05/01/2031		100		119
6.600%, 03/15/2046		100		110

Adviser Managed Trust / Quarterly Report / April 30, 2021 51

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
6.450%, 09/15/2036	$	100	$	114
6.125%, 01/01/2031		150		167
5.875%, 09/01/2025		100		109
5.500%, 12/01/2025		250		269
4.705%, 10/10/2036 (D)		200		102
4.300%, 08/15/2039		100		88
4.200%, 03/15/2048		200		169
4.100%, 02/15/2047		200		166
3.500%, 06/15/2025		250		251
3.500%, 08/15/2029		200		191
3.400%, 04/15/2026		300		297
3.200%, 08/15/2026		300		292
3.000%, 02/15/2027		200		191
2.900%, 08/15/2024		100		100
Oceaneering International
4.650%, 11/15/2024		200		195
Oil and Gas Holding BSCC
7.500%, 10/25/2027		500		561
Ovintiv
7.375%, 11/01/2031		134		177
6.625%, 08/15/2037		100		126
6.500%, 08/15/2034		100		128
Ovintiv Exploration
5.375%, 01/01/2026		70		78
Par Petroleum
7.750%, 12/15/2025 (A)		100		101
Parkland
4.500%, 10/01/2029 (A)		55		56
PBF Holding
6.000%, 02/15/2028		250		189
PDC Energy
5.750%, 05/15/2026		100		104
Peabody Energy
6.375%, 03/31/2025 (A)		50		21
Pertamina Persero MTN
6.450%, 05/30/2044		300		383
4.300%, 05/20/2023		200		212
4.175%, 01/21/2050		300		300
Petroleos del Peru
4.750%, 06/19/2032		500		508
Petroleos Mexicanos
6.950%, 01/28/2060		500		443
6.875%, 10/16/2025		700		765
6.500%, 03/13/2027		1,250		1,322
Petroleos Mexicanos MTN
6.750%, 09/21/2047		1,000		884
Petronas Capital MTN
4.550%, 04/21/2050		1,250		1,476
3.500%, 03/18/2025		1,000		1,083
Range Resources
9.250%, 02/01/2026		100		110
5.000%, 03/15/2023		58		59

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
4.875%, 05/15/2025	$	149	$	148
Rockies Express Pipeline
4.800%, 05/15/2030 (A)		50		49
3.600%, 05/15/2025 (A)		100		99
Ruby Pipeline
8.000%, 04/01/2022 (A)		58		49
Sinopec Group Overseas Development 2015
3.250%, 04/28/2025		1,000		1,066
Sinopec Group Overseas Development 2018
2.700%, 05/13/2030		1,000		1,000
2.300%, 01/08/2031		200		194
SM Energy
10.000%, 01/15/2025 (A)		150		171
6.625%, 01/15/2027		100		97
5.625%, 06/01/2025		45		43
5.000%, 01/15/2024		50		48
Southern Gas Corridor CJSC
6.875%, 03/24/2026		750		900
Southwestern Energy
7.500%, 04/01/2026		246		260
Summit Midstream Holdings
5.750%, 04/15/2025		30		25
Sunoco
5.500%, 02/15/2026		100		103
4.500%, 05/15/2029 (A)		50		51
Tallgrass Energy Partners
7.500%, 10/01/2025 (A)		100		109
5.500%, 09/15/2024 (A)		200		204
Talos Production
12.000%, 01/15/2026 (A)		100		100
Targa Resources Partners
5.875%, 04/15/2026		204		214
5.500%, 03/01/2030		100		108
5.000%, 01/15/2028		254		267
4.250%, 11/15/2023		100		100
4.000%, 01/15/2032 (A)		100		98
TechnipFMC
6.500%, 02/01/2026 (A)		200		213
Teine Energy
6.875%, 04/15/2029 (A)		100		101
TransMontaigne Partners
6.125%, 02/15/2026		100		101
Transocean Pontus
6.125%, 08/01/2025 (A)		145		141
Transocean Poseidon
6.875%, 02/01/2027 (A)		100		95
Transocean Sentry
5.375%, 05/15/2023 (A)		288		273
Trinidad Petroleum Holdings
9.750%, 06/15/2026		200		224
USA Compression Partners
6.875%, 04/01/2026		200		210

52 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Vantage Drilling International
9.250%, 11/15/2023 (A)	$	100	$	83
Vine Energy Holdings
6.750%, 04/15/2029 (A)		50		50
W&T Offshore
9.750%, 11/01/2023 (A)		100		88
Weatherford International
11.000%, 12/01/2024 (A)		280		277
Western Midstream Operating
6.500%, 02/01/2050		274		310
5.500%, 08/15/2048		50		51
4.650%, 07/01/2026		100		107
4.500%, 03/01/2028		100		106
4.350%, 02/01/2025		142		150
WPX Energy
5.250%, 10/15/2027		65		69
				33,688
Financials — 5.4%
1MDB Global Investments
4.400%, 03/09/2023		1,000		1,007
Acrisure
4.250%, 02/15/2029 (A)		55		54
Advisor Group Holdings
10.750%, 08/01/2027 (A)		100		111
Air Methods
8.000%, 05/15/2025 (A)		50		47
Allied Universal Holdco
9.750%, 07/15/2027 (A)		100		110
6.625%, 07/15/2026 (A)		200		211
Aretec Escrow Issuer
7.500%, 04/01/2029 (A)		100		102
AssuredPartners
5.625%, 01/15/2029 (A)		60		61
Banco Nacional de Panama
2.500%, 08/11/2030		200		192
Banque Centrale de Tunisie International Bond
5.750%, 01/30/2025		200		187
BroadStreet Partners
5.875%, 04/15/2029 (A)		33		34
CBB International Sukuk Programme WLL
6.250%, 11/14/2024		1,250		1,372
CIT Group
5.250%, 03/07/2025		149		168
5.000%, 08/15/2022		100		105
5.000%, 08/01/2023		103		112
Compass Group Diversified Holdings
5.250%, 04/15/2029 (A)		50		53
Credit Acceptance
5.125%, 12/31/2024 (A)		100		103

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Curo Group Holdings
8.250%, 09/01/2025 (A)	$	100	$	102
DAE Sukuk Difc MTN
3.750%, 02/15/2026		200		207
Deutsche Bank
5.882%, VAR United States Secured Overnight Financing Rate+5.438%, 07/08/2031		100		115
4.500%, 04/01/2025		200		216
Deutsche Bank MTN
4.296%, VAR USD Swap Semi 30/360 5 Yr Curr+2.248%, 05/24/2028		160		166
Development Bank of Kazakhstan JSC
4.125%, 12/10/2022		700		728
Enact Holdings
6.500%, 08/15/2025 (A)		289		314
Enova International
8.500%, 09/15/2025 (A)		100		104
Finance of America Funding
7.875%, 11/15/2025 (A)		100		103
FirstCash
4.625%, 09/01/2028 (A)		200		205
Freedom Mortgage
7.625%, 05/01/2026 (A)		200		209
FS Energy and Power Fund
7.500%, 08/15/2023 (A)		50		51
Genworth Holdings
4.800%, 02/15/2024		40		39
Global Aircraft Leasing
6.500%cash/0% PIK, 09/15/2024 (A)		207		207
goeasy
5.375%, 12/01/2024 (A)		100		104
GTCR AP Finance
8.000%, 05/15/2027 (A)		200		213
Gtlk Europe Capital DAC
4.800%, 02/26/2028		250		258
Hazine Mustesarligi Varlik Kiralama
5.800%, 02/21/2022		500		507
Hightower Holding
6.750%, 04/15/2029 (A)		50		51
Home Point Capital
5.000%, 02/01/2026 (A)		35		34
Intesa Sanpaolo MTN
5.710%, 01/15/2026 (A)		200		224
5.017%, 06/26/2024 (A)		286		311
Ladder Capital Finance Holdings LLLP
4.250%, 02/01/2027 (A)		100		98
LD Holdings Group
6.125%, 04/01/2028 (A)		70		70
LPL Holdings
4.000%, 03/15/2029 (A)		155		155

Adviser Managed Trust / Quarterly Report / April 30, 2021 53

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Malaysia Sukuk Global
3.179%, 04/27/2026	$	500	$	546
Malaysia Wakala Sukuk Bhd
2.070%, 04/28/2031 (A)		250		250
MDGH - GMTN BV MTN
2.500%, 05/21/2026		500		522
Midcap Financial Issuer Trust
6.500%, 05/01/2028 (A)		200		207
Modulaire Global Finance
8.000%, 02/15/2023 (A)		200		204
MPH Acquisition Holdings
5.750%, 11/01/2028 (A)		165		163
MSCI
4.000%, 11/15/2029 (A)		70		73
3.875%, 02/15/2031 (A)		135		139
3.625%, 09/01/2030 (A)		70		71
3.625%, 11/01/2031 (A)		25		25
Mumtalakat Sukuk Holding
5.625%, 02/27/2024		200		213
Nationstar Mortgage Holdings
5.500%, 08/15/2028 (A)		200		202
5.125%, 12/15/2030 (A)		66		65
Navient
6.750%, 06/25/2025		150		163
5.000%, 03/15/2027		200		201
4.875%, 03/15/2028		100		98
Navient MTN
6.125%, 03/25/2024		224		237
New Residential Investment
6.250%, 10/15/2025 (A)		60		61
NFP
6.875%, 08/15/2028 (A)		200		210
Oman Sovereign Sukuk
4.397%, 06/01/2024		500		518
OneMain Finance
8.875%, 06/01/2025		64		71
7.125%, 03/15/2026		200		234
6.125%, 05/15/2022		100		105
6.125%, 03/15/2024		250		270
5.625%, 03/15/2023		100		107
5.375%, 11/15/2029		100		108
PennyMac Financial Services
5.375%, 10/15/2025 (A)		50		53
4.250%, 02/15/2029 (A)		85		81
PHH Mortgage
7.875%, 03/15/2026 (A)		30		31
Quicken Loans
3.625%, 03/01/2029 (A)		100		97
Radian Group
4.875%, 03/15/2027		117		124
Sabre GLBL
9.250%, 04/15/2025 (A)		100		120

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Sharjah Sukuk Program
2.942%, 06/10/2027	$	500	$	512
SLM
4.200%, 10/29/2025		100		105
Starwood Property Trust
4.750%, 03/15/2025		100		104
Stena International
5.750%, 03/01/2024 (A)		200		204
StoneX Group
8.625%, 06/15/2025 (A)		7		7
Tempo Acquisition
6.750%, 06/01/2025 (A)		100		102
5.750%, 06/01/2025 (A)		50		53
Third Pakistan International Sukuk
5.625%, 12/05/2022		500		514
TMX Finance
11.125%, 04/01/2023 (A)		100		102
UniCredit MTN
7.296%, VAR USD ICE Swap 11:00 NY 5 Yr+4.914%, 04/02/2034 (A)		100		119
5.459%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.750%, 06/30/2035 (A)		200		215
United Wholesale Mortgage
5.500%, 04/15/2029 (A)		100		98
				16,524
Health Care — 4.3%
AdaptHealth
4.625%, 08/01/2029 (A)		50		50
AHP Health Partners
9.750%, 07/15/2026 (A)		50		54
Akumin
7.000%, 11/01/2025 (A)		40		42
AMN Healthcare
4.625%, 10/01/2027 (A)		200		206
Avantor Funding
4.625%, 07/15/2028 (A)		100		105
Bausch Health
9.000%, 12/15/2025 (A)		250		271
6.250%, 02/15/2029 (A)		250		264
5.500%, 11/01/2025 (A)		550		567
5.250%, 02/15/2031 (A)		100		100
5.000%, 02/15/2029 (A)		420		421
Bausch Health Americas
8.500%, 01/31/2027 (A)		250		278
Catalent Pharma Solutions
3.125%, 02/15/2029 (A)		117		113
Centene
5.375%, 06/01/2026 (A)		260		271
5.375%, 08/15/2026 (A)		100		105
4.625%, 12/15/2029		500		542

54 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
4.250%, 12/15/2027	$	300	$	314
3.000%, 10/15/2030		10		10
2.500%, 03/01/2031		280		267
Charles River Laboratories International
4.000%, 03/15/2031 (A)		100		103
3.750%, 03/15/2029 (A)		83		84
Cheplapharm Arzneimittel GmbH
5.500%, 01/15/2028 (A)		100		104
CHS
6.875%, 04/01/2028 (A)		500		472
6.875%, 04/15/2029 (A)		385		402
6.625%, 02/15/2025 (A)		200		211
4.750%, 02/15/2031 (A)		60		60
DaVita
4.625%, 06/01/2030 (A)		325		329
Elanco Animal Health
5.272%, 08/28/2023		100		107
Encompass Health
5.125%, 03/15/2023		134		134
4.500%, 02/01/2028		100		104
Endo DAC
9.500%, 07/31/2027 (A)		100		106
6.000%, 06/30/2028 (A)		300		228
Endo Luxembourg Finance I Sarl
6.125%, 04/01/2029 (A)		90		89
Envision Healthcare
8.750%, 10/15/2026 (A)		200		145
Global Medical Response
6.500%, 10/01/2025 (A)		64		66
HCA
7.500%, 11/06/2033		200		273
5.875%, 02/15/2026		250		287
5.875%, 02/01/2029		100		118
5.375%, 02/01/2025		350		390
3.500%, 09/01/2030		250		257
Hill-Rom Holdings
5.000%, 02/15/2025 (A)		100		103
Jazz Securities DAC
4.375%, 01/15/2029 (A)		200		204
Lannett
7.750%, 04/15/2026 (A)		50		51
LifePoint Health
5.375%, 01/15/2029 (A)		125		125
MEDNAX
6.250%, 01/15/2027 (A)		135		143
ModivCare
5.875%, 11/15/2025 (A)		100		106
Molina Healthcare
4.375%, 06/15/2028 (A)		100		103
Organon Finance 1
5.125%, 04/30/2031 (A)		200		208
4.125%, 04/30/2028 (A)		200		205

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Ortho-Clinical Diagnostics
7.250%, 02/01/2028 (A)	$	40	$	44
Owens & Minor
4.500%, 03/31/2029 (A)		65		66
P&L Development
7.750%, 11/15/2025 (A)		100		106
Par Pharmaceutical
7.500%, 04/01/2027 (A)		200		210
Prestige Brands
3.750%, 04/01/2031 (A)		150		144
Prime Healthcare Services
7.250%, 11/01/2025 (A)		231		248
Radiology Partners
9.250%, 02/01/2028 (A)		100		110
RegionalCare Hospital Partners Holdings
9.750%, 12/01/2026 (A)		135		146
RP Escrow Issuer
5.250%, 12/15/2025 (A)		250		261
Select Medical
6.250%, 08/15/2026 (A)		200		212
Syneos Health
3.625%, 01/15/2029 (A)		100		98
Team Health Holdings
6.375%, 02/01/2025 (A)		100		88
Tenet Healthcare
7.500%, 04/01/2025 (A)		500		539
6.875%, 11/15/2031		100		111
6.125%, 10/01/2028 (A)		300		317
5.125%, 05/01/2025		254		257
5.125%, 11/01/2027 (A)		200		210
US Acute Care Solutions
6.375%, 03/01/2026 (A)		20		21
US Renal Care
10.625%, 07/15/2027 (A)		100		106
Varex Imaging
7.875%, 10/15/2027 (A)		100		112
Vizient
6.250%, 05/15/2027 (A)		200		212
				12,915
Industrials — 7.0%
ACCO Brands
4.250%, 03/15/2029 (A)		85		84
ADT Security
4.875%, 07/15/2032 (A)		20		21
3.500%, 07/15/2022		100		102
Advanced Drainage Systems
5.000%, 09/30/2027 (A)		100		105
AECOM
5.125%, 03/15/2027		100		111

Adviser Managed Trust / Quarterly Report / April 30, 2021 55

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
AerCap Global Aviation Trust
6.500%, VAR ICE LIBOR USD 3 Month+4.300%, 06/15/2045 (A)	$	200	$	213
Aeropuerto Internacional de Tocumen
6.000%, 11/18/2048		496		531
Ahern Rentals
7.375%, 05/15/2023 (A)		270		242
Allison Transmission
4.750%, 10/01/2027 (A)		49		51
3.750%, 01/30/2031 (A)		100		96
Alta Equipment Group
5.625%, 04/15/2026 (A)		40		41
American Airlines
11.750%, 07/15/2025 (A)		219		274
5.750%, 04/20/2029 (A)		290		311
5.500%, 04/20/2026 (A)		360		378
American Airlines Group
5.000%, 06/01/2022 (A)		100		99
Amsted Industries
4.625%, 05/15/2030 (A)		50		51
Apex Tool Group
9.000%, 02/15/2023 (A)		151		150
APX Group
6.750%, 02/15/2027 (A)		340		366
Arcosa
4.375%, 04/15/2029 (A)		50		51
ARD Finance
6.500%cash/0% PIK, 06/30/2027 (A)		200		209
Ardagh Metal Packaging Finance USA
3.250%, 09/01/2028 (A)		50		49
Ardagh Packaging Finance
5.250%, 04/30/2025 (A)		250		262
5.250%, 08/15/2027 (A)		200		204
ASGN
4.625%, 05/15/2028 (A)		100		104
ATS Automation Tooling Systems
4.125%, 12/15/2028 (A)		100		101
Avis Budget Car Rental
5.375%, 03/01/2029 (A)		95		99
4.750%, 04/01/2028 (A)		75		78
Beacon Roofing Supply
4.125%, 05/15/2029 (A)		50		50
Boise Cascade
4.875%, 07/01/2030 (A)		42		45
Bombardier
7.875%, 04/15/2027 (A)		275		275
7.500%, 12/01/2024 (A)		200		203
6.125%, 01/15/2023 (A)		97		102
Brand Industrial Services
8.500%, 07/15/2025 (A)		100		102
Brightstar Escrow
9.750%, 10/15/2025 (A)		100		109

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Brundage-Bone Concrete Pumping Holdings
6.000%, 02/01/2026 (A)	$	35	$	37
BWX Technologies
4.125%, 04/15/2029 (A)		50		51
Cargo Aircraft Management
4.750%, 02/01/2028 (A)		165		169
Cascades
5.375%, 01/15/2028 (A)		100		104
Celestial-Saturn Merger Sub
4.500%, 05/01/2028 (A)		83		83
China Minmetals
3.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.717%(B)(C)		500		504
CoreCivic
8.250%, 04/15/2026		40		40
4.625%, 05/01/2023		100		101
Cornerstone Building Brands
6.125%, 01/15/2029 (A)		125		134
Covanta Holding
5.875%, 07/01/2025		300		313
CP Atlas Buyer
7.000%, 12/01/2028 (A)		50		52
Danaos
8.500%, 03/01/2028 (A)		100		107
Delta Air Lines
7.375%, 01/15/2026		351		412
DP World Crescent
3.908%, 05/31/2023		500		528
Dycom Industries
4.500%, 04/15/2029 (A)		35		36
Empire Communities
7.000%, 12/15/2025 (A)		150		161
Empresa de Transporte de Pasajeros Metro
4.700%, 05/07/2050		250		285
EnPro Industries
5.750%, 10/15/2026		4		4
Flex Acquisition
7.875%, 07/15/2026 (A)		100		105
Fluor
3.500%, 12/15/2024		100		103
Fortress Transportation and Infrastructure Investors
6.500%, 10/01/2025 (A)		100		104
5.500%, 05/01/2028 (A)		20		21
FXI Holdings
12.250%, 11/15/2026 (A)		200		231
GFL Environmental
8.500%, 05/01/2027 (A)		200		219
4.000%, 08/01/2028 (A)		50		48
3.500%, 09/01/2028 (A)		100		96

56 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
GrafTech Finance
4.625%, 12/15/2028 (A)	$	100	$	103
Graham Packaging
7.125%, 08/15/2028 (A)		100		107
Griffon
5.750%, 03/01/2028		135		144
Grinding Media
7.375%, 12/15/2023 (A)		100		102
GYP Holdings III
4.625%, 05/01/2029 (A)		25		25
H&E Equipment Services
3.875%, 12/15/2028 (A)		20		20
Hawaiian Brand Intellectual Property
5.750%, 01/20/2026 (A)		175		185
Hillenbrand
5.750%, 06/15/2025		200		214
3.750%, 03/01/2031		40		40
Howmet Aerospace
6.875%, 05/01/2025		250		290
5.950%, 02/01/2037		100		120
Icahn Enterprises
6.750%, 02/01/2024		28		29
6.375%, 12/15/2025		42		43
6.250%, 05/15/2026		132		139
5.250%, 05/15/2027		200		203
4.750%, 09/15/2024		165		173
Imola Merger
4.750%, 05/15/2029 (A)		200		208
Intelligent Packaging Finco
6.000%, 09/15/2028 (A)		135		139
Interface
5.500%, 12/01/2028 (A)		100		104
JELD-WEN
4.625%, 12/15/2025 (A)		200		204
Kratos Defense & Security Solutions
6.500%, 11/30/2025 (A)		50		52
LABL Escrow Issuer
10.500%, 07/15/2027 (A)		100		110
Manitowoc
9.000%, 04/01/2026 (A)		100		108
Mauser Packaging Solutions Holding
7.250%, 04/15/2025 (A)		150		146
5.500%, 04/15/2024 (A)		200		201
Meritor
4.500%, 12/15/2028 (A)		100		101
Mexico City Airport Trust
5.500%, 07/31/2047		200		203
Navistar International
6.625%, 11/01/2025 (A)		150		155
Nielsen Finance
5.625%, 10/01/2028 (A)		100		107

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Nielsen Luxembourg Sarl
5.000%, 02/01/2025 (A)	$	292	$	300
Pactiv
7.950%, 12/15/2025		200		223
Picasso Finance Sub
6.125%, 06/15/2025 (A)		90		96
Pitney Bowes
7.250%, 03/15/2029 (A)		40		41
6.875%, 03/15/2027 (A)		200		204
PowerTeam Services
9.033%, 12/04/2025 (A)		150		166
RBS Global
4.875%, 12/15/2025 (A)		100		102
Resideo Funding
6.125%, 11/01/2026 (A)		9		9
Rolls-Royce
5.750%, 10/15/2027 (A)		244		262
RR Donnelley & Sons
6.125%, 11/01/2026 (A)		70		72
Sensata Technologies BV
5.625%, 11/01/2024 (A)		200		223
4.000%, 04/15/2029 (A)		135		136
Spirit AeroSystems
7.500%, 04/15/2025 (A)		200		214
5.500%, 01/15/2025 (A)		150		159
SRM Escrow Issuer
6.000%, 11/01/2028 (A)		200		212
SSL Robotics
9.750%, 12/31/2023 (A)		118		132
Standard Industries
5.000%, 02/15/2027 (A)		250		258
4.750%, 01/15/2028 (A)		20		21
4.375%, 07/15/2030 (A)		110		110
Summit Materials
5.250%, 01/15/2029 (A)		100		105
Terex
5.000%, 05/15/2029 (A)		63		66
Titan International
7.000%, 04/30/2028 (A)		100		103
TransDigm
7.500%, 03/15/2027		75		80
6.375%, 06/15/2026		100		104
6.250%, 03/15/2026 (A)		500		529
5.500%, 11/15/2027		200		208
4.875%, 05/01/2029 (A)		150		148
4.625%, 01/15/2029 (A)		115		113
TransDigm UK Holdings
6.875%, 05/15/2026		160		168
Transnet SOC
4.000%, 07/26/2022		200		204
TriMas
4.125%, 04/15/2029 (A)		75		75

Adviser Managed Trust / Quarterly Report / April 30, 2021 57

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
TriNet Group
3.500%, 03/01/2029 (A)	$	55	$	54
Triumph Group
8.875%, 06/01/2024 (A)		200		223
Trivium Packaging Finance BV
8.500%, 08/15/2027 (A)		65		70
5.500%, 08/15/2026 (A)		200		209
Tutor Perini
6.875%, 05/01/2025 (A)		250		258
Uber Technologies
7.500%, 09/15/2027 (A)		266		293
United Airlines
4.625%, 04/15/2029 (A)		184		191
4.375%, 04/15/2026 (A)		182		189
United Airlines Holdings
5.000%, 02/01/2024		100		102
United Rentals North America
5.500%, 05/15/2027		250		267
4.875%, 01/15/2028		350		371
Vertical US Newco
5.250%, 07/15/2027 (A)		159		166
Watco
6.500%, 06/15/2027 (A)		100		107
Weekley Homes
4.875%, 09/15/2028 (A)		100		103
Welbilt
9.500%, 02/15/2024		100		105
WESCO Distribution
7.250%, 06/15/2028 (A)		150		167
7.125%, 06/15/2025 (A)		200		216
Williams Scotsman International
4.625%, 08/15/2028 (A)		50		51
Wolverine Escrow
9.000%, 11/15/2026 (A)		100		99
8.500%, 11/15/2024 (A)		100		98
XPO Logistics
6.250%, 05/01/2025 (A)		150		161
				21,435
Information Technology — 2.4%
Ahead DB Holdings
6.625%, 05/01/2028 (A)		67		68
Austin BidCo
7.125%, 12/15/2028 (A)		100		102
Avaya
6.125%, 09/15/2028 (A)		125		133
Black Knight InfoServ
3.625%, 09/01/2028 (A)		135		133
CDK Global
5.250%, 05/15/2029 (A)		100		107
CDW
4.250%, 04/01/2028		100		104

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
CommScope
6.000%, 03/01/2026 (A)	$	500	$	527
CommScope Technologies
6.000%, 06/15/2025 (A)		200		203
CPI CG
8.625%, 03/15/2026 (A)		35		37
Crowdstrike Holdings
3.000%, 02/15/2029		50		50
Dell
6.500%, 04/15/2038		28		35
Diebold Nixdorf
8.500%, 04/15/2024		300		306
Endure Digital
6.000%, 02/15/2029 (A)		90		86
Entegris
3.625%, 05/01/2029 (A)		125		127
Fair Isaac
4.000%, 06/15/2028 (A)		100		101
Go Daddy Operating
3.500%, 03/01/2029 (A)		190		185
Hughes Satellite Systems
6.625%, 08/01/2026		127		140
Intrado
8.500%, 10/15/2025 (A)		200		203
J2 Global
4.625%, 10/15/2030 (A)		100		102
NCR
5.250%, 10/01/2030 (A)		75		78
5.125%, 04/15/2029 (A)		118		121
5.000%, 10/01/2028 (A)		100		103
Open Text
5.875%, 06/01/2026 (A)		100		103
3.875%, 02/15/2028 (A)		90		91
Plantronics
4.750%, 03/01/2029 (A)		200		197
Presidio Holdings
8.250%, 02/01/2028 (A)		44		48
4.875%, 02/01/2027 (A)		54		56
PTC
3.625%, 02/15/2025 (A)		100		103
Qorvo
3.375%, 04/01/2031 (A)		100		101
Rackspace Technology Global
5.375%, 12/01/2028 (A)		50		51
3.500%, 02/15/2028 (A)		125		121
Rocket Software
6.500%, 02/15/2029 (A)		160		162
Seagate HDD Cayman
4.875%, 03/01/2024		50		54
4.750%, 01/01/2025		100		109
4.091%, 06/01/2029 (A)		100		102
3.125%, 07/15/2029 (A)		200		192

58 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Shift4 Payments
4.625%, 11/01/2026 (A)	$	100	$	104
Solera
10.500%, 03/01/2024 (A)		200		206
SS&C Technologies
5.500%, 09/30/2027 (A)		217		231
Switch
3.750%, 09/15/2028 (A)		123		122
Symantec
3.950%, 06/15/2022		200		203
Synaptics
4.000%, 06/15/2029 (A)		125		125
TTM Technologies
4.000%, 03/01/2029 (A)		45		45
Twilio
3.875%, 03/15/2031		65		67
3.625%, 03/15/2029		90		92
Unisys
6.875%, 11/01/2027 (A)		100		110
Veritas US
10.500%, 02/01/2024 (A)		500		513
Viasat
6.500%, 07/15/2028 (A)		200		211
Western Digital
4.750%, 02/15/2026		200		222
Xerox
6.750%, 12/15/2039		40		44
4.375%, 03/15/2023		100		105
Xerox Holdings
5.000%, 08/15/2025 (A)		200		210
ZoomInfo Technologies
3.875%, 02/01/2029 (A)		100		99
				7,250
Materials — 4.5%
Alcoa Nederland Holding BV
4.125%, 03/31/2029 (A)		200		204
Allegheny Technologies
7.875%, 08/15/2023		100		109
ArcelorMittal
7.000%, 03/01/2041		100		139
4.550%, 03/11/2026		81		90
3.600%, 07/16/2024		50		53
Arconic
6.125%, 02/15/2028 (A)		165		175
6.000%, 05/15/2025 (A)		120		128
Avient
5.750%, 05/15/2025 (A)		100		105
Axalta Coating Systems
4.750%, 06/15/2027 (A)		100		105
Baffinland Iron Mines
8.750%, 07/15/2026 (A)		100		106

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Ball
5.250%, 07/01/2025	$	100	$	113
2.875%, 08/15/2030		100		97
Berry Global
5.625%, 07/15/2027 (A)		100		106
4.875%, 07/15/2026 (A)		135		143
Big River Steel
6.625%, 01/31/2029 (A)		100		108
Carpenter Technology
4.450%, 03/01/2023		100		104
Century Aluminum
7.500%, 04/01/2028 (A)		50		53
CF Industries
4.950%, 06/01/2043		200		233
Chemours
7.000%, 05/15/2025		165		170
5.375%, 05/15/2027		51		55
Clearwater Paper
4.750%, 08/15/2028 (A)		100		101
Cleveland-Cliffs
9.875%, 10/17/2025 (A)		175		205
5.875%, 06/01/2027		100		105
4.875%, 03/01/2031 (A)		105		107
4.625%, 03/01/2029 (A)		95		97
CNAC HK Finbridge
5.125%, 03/14/2028		500		531
3.500%, 07/19/2022		500		507
Coeur Mining
5.125%, 02/15/2029 (A)		100		97
Commercial Metals
3.875%, 02/15/2031		35		35
Constellium
5.750%, 05/15/2024 (A)		200		201
5.625%, 06/15/2028 (A)		50		53
3.750%, 04/15/2029 (A)		50		49
Cornerstone Chemical
6.750%, 08/15/2024 (A)		100		96
Crown Americas
4.750%, 02/01/2026		10		10
Element Solutions
3.875%, 09/01/2028 (A)		100		100
FMG Resources August 2006 Pty
4.500%, 09/15/2027 (A)		200		217
4.375%, 04/01/2031 (A)		162		168
Freeport-McMoRan
5.450%, 03/15/2043		200		244
5.400%, 11/14/2034		100		120
5.000%, 09/01/2027		204		216
4.125%, 03/01/2028		147		155
3.875%, 03/15/2023		150		156
GPD
10.125%, 04/01/2026 (A)		100		109

Adviser Managed Trust / Quarterly Report / April 30, 2021 59

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Graphic Packaging International
3.500%, 03/15/2028 (A)	$	100	$	99
HB Fuller
4.250%, 10/15/2028		100		102
Hecla Mining
7.250%, 02/15/2028		50		55
Hudbay Minerals
6.125%, 04/01/2029 (A)		100		107
IAMGOLD
5.750%, 10/15/2028 (A)		100		104
Indonesia Asahan Aluminium Persero
4.750%, 05/15/2025		350		380
Infrabuild Australia Pty
12.000%, 10/01/2024 (A)		50		51
Ingevity
3.875%, 11/01/2028 (A)		100		100
Innophos Holdings
9.375%, 02/15/2028 (A)		50		54
Joseph T Ryerson & Son
8.500%, 08/01/2028 (A)		50		55
Kraton Polymers
4.250%, 12/15/2025 (A)		100		102
Louisiana-Pacific
3.625%, 03/15/2029 (A)		100		100
LSB Industries
9.625%, 05/01/2023 (A)		50		52
Mercer International
5.125%, 02/01/2029 (A)		200		207
Methanex
5.250%, 12/15/2029		100		106
5.125%, 10/15/2027		223		235
Mineral Resources
8.125%, 05/01/2027 (A)		50		55
Nacional del Cobre de Chile
3.700%, 01/30/2050		1,000		1,010
3.150%, 01/14/2030		750		776
New
7.500%, 07/15/2027 (A)		42		46
Nouryon Holding BV
8.000%, 10/01/2026 (A)		100		106
NOVA Chemicals
5.250%, 08/01/2023 (A)		35		35
5.250%, 06/01/2027 (A)		150		160
4.875%, 06/01/2024 (A)		100		105
4.250%, 05/15/2029 (A)		100		99
Novelis
4.750%, 01/30/2030 (A)		342		356
OCI
4.625%, 10/15/2025 (A)		180		188
OI European Group BV
4.000%, 03/15/2023 (A)		50		51

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Olin
9.500%, 06/01/2025 (A)	$	70	$	88
5.000%, 02/01/2030		215		226
Owens-Brockway Glass Container
6.625%, 05/13/2027 (A)		200		216
PQ
5.750%, 12/15/2025 (A)		100		103
Rayonier AM Products
7.625%, 01/15/2026 (A)		200		213
Resolute Forest Products
4.875%, 03/01/2026 (A)		40		41
SCIH Salt Holdings
6.625%, 05/01/2029 (A)		84		83
4.875%, 05/01/2028 (A)		98		98
Scotts Miracle-Gro
4.000%, 04/01/2031 (A)		75		74
Sealed Air
5.500%, 09/15/2025 (A)		184		203
4.875%, 12/01/2022 (A)		200		210
SPCM
4.875%, 09/15/2025 (A)		100		103
SunCoke Energy Partners
7.500%, 06/15/2025 (A)		153		159
Taseko Mines
7.000%, 02/15/2026 (A)		75		78
TMS International
6.250%, 04/15/2029 (A)		15		16
TPC Group
10.500%, 08/01/2024 (A)		82		77
Trinseo Materials Operating SCA
5.125%, 04/01/2029 (A)		100		102
Tronox
4.625%, 03/15/2029 (A)		175		179
United States Steel
6.875%, 08/15/2025		100		102
6.875%, 03/01/2029		80		84
US Concrete
5.125%, 03/01/2029 (A)		100		103
Venator Finance Sarl
5.750%, 07/15/2025 (A)		50		49
WR Grace & -Conn
4.875%, 06/15/2027 (A)		100		104
				13,682
Real Estate — 2.1%
Brookfield Property
5.750%, 05/15/2026 (A)		150		157
Diversified Healthcare Trust
9.750%, 06/15/2025		378		423
4.750%, 02/15/2028		28		28
4.375%, 03/01/2031		55		53

60 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
EPR Properties
5.250%, 07/15/2023	$	10	$	10
4.950%, 04/15/2028		10		10
4.750%, 12/15/2026		12		13
3.750%, 08/15/2029		50		49
Forestar Group
8.000%, 04/15/2024 (A)		100		104
3.850%, 05/15/2026 (A)		30		30
GEO Group
5.125%, 04/01/2023		200		183
Global Net Lease
3.750%, 12/15/2027 (A)		100		99
Howard Hughes
5.375%, 08/01/2028 (A)		138		146
4.375%, 02/01/2031 (A)		40		39
4.125%, 02/01/2029 (A)		55		54
Hunt
5.250%, 04/15/2029 (A)		75		72
Iron Mountain
5.250%, 03/15/2028 (A)		100		105
5.250%, 07/15/2030 (A)		100		104
5.000%, 07/15/2028 (A)		50		52
4.875%, 09/15/2027 (A)		49		51
4.875%, 09/15/2029 (A)		200		204
4.500%, 02/15/2031 (A)		100		100
iStar
4.250%, 08/01/2025		222		225
Kennedy-Wilson
5.000%, 03/01/2031		105		109
4.750%, 03/01/2029		105		108
Lamar Media
4.000%, 02/15/2030		179		181
MGM Growth Properties Operating
Partnership
5.625%, 05/01/2024		100		108
4.625%, 06/15/2025 (A)		104		111
3.875%, 02/15/2029 (A)		184		186
MPT Operating Partnership
4.625%, 08/01/2029		135		143
3.500%, 03/15/2031		200		199
Outfront Media Capital
5.000%, 08/15/2027 (A)		153		158
4.625%, 03/15/2030 (A)		100		99
Park Intermediate Holdings
5.875%, 10/01/2028 (A)		11		12
QualityTech
3.875%, 10/01/2028 (A)		77		78
Realogy Group
9.375%, 04/01/2027 (A)		225		251
5.750%, 01/15/2029 (A)		90		93
RHP Hotel Properties
4.500%, 02/15/2029 (A)		90		89

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
SBA Communications
3.125%, 02/01/2029 (A)	$	255	$	244
Service Properties Trust
5.500%, 12/15/2027		100		105
4.950%, 02/15/2027		50		49
4.500%, 06/15/2023		289		295
4.375%, 02/15/2030		100		93
3.950%, 01/15/2028		100		92
Uniti Group
7.875%, 02/15/2025 (A)		300		323
7.125%, 12/15/2024 (A)		50		52
6.500%, 02/15/2029 (A)		70		70
4.750%, 04/15/2028 (A)		100		100
VICI Properties
4.250%, 12/01/2026 (A)		358		369
4.125%, 08/15/2030 (A)		138		140
3.750%, 02/15/2027 (A)		76		77
Washington Prime Group
6.450%, 08/15/2024		100		62
WeWork
7.875%, 05/01/2025 (A)		100		96
XHR
6.375%, 08/15/2025 (A)		100		106
				6,509
Utilities — 2.4%
AES Andres BV
5.700%, 05/04/2028 (A)		200		200
AmeriGas Partners
5.875%, 08/20/2026		285		319
Banff Merger Sub
9.750%, 09/01/2026 (A)		300		319
Calpine
5.125%, 03/15/2028 (A)		100		102
5.000%, 02/01/2031 (A)		100		99
4.625%, 02/01/2029 (A)		100		99
4.500%, 02/15/2028 (A)		265		268
3.750%, 03/01/2031 (A)		100		95
Clearway Energy Operating
4.750%, 03/15/2028 (A)		158		165
3.750%, 02/15/2031 (A)		60		59
Comision Federal de Electricidad
3.348%, 02/09/2031		200		192
Eskom Holdings SOC
7.125%, 02/11/2025		250		262
Eskom Holdings SOC MTN
6.350%, 08/10/2028		250		271
FirstEnergy
7.375%, 11/15/2031		100		135
5.350%, 07/15/2047		100		116
4.400%, 07/15/2027		200		219
3.350%, 07/15/2022		250		255

Adviser Managed Trust / Quarterly Report / April 30, 2021 61

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
2.250%, 09/01/2030	$	100	$	94
2.050%, 03/01/2025		100		101
InterGen
7.000%, 06/30/2023 (A)		200		193
Midland Cogeneration Venture
6.000%, 03/15/2025 (A)		22		23
NRG Energy
7.250%, 05/15/2026		70		73
6.625%, 01/15/2027		177		184
3.625%, 02/15/2031 (A)		100		98
Pattern Energy Operations
4.500%, 08/15/2028 (A)		50		51
Perusahaan Perseroan Persero Perusahaan
Listrik Negara MTN
4.125%, 05/15/2027		500		536
4.000%, 06/30/2050		200		194
PG&E
5.000%, 07/01/2028		200		210
Solaris Midstream Holdings
7.625%, 04/01/2026 (A)		50		52
SPIC MTN
1.625%, 07/27/2025		250		248
State Grid Overseas Investment 2016 MTN
3.500%, 05/04/2027		200		220
1.625%, 08/05/2030		1,000		926
Suburban Propane Partners
5.500%, 06/01/2024		135		136
Talen Energy Supply
7.625%, 06/01/2028 (A)		78		81
6.500%, 06/01/2025		300		250
TerraForm Power Operating
5.000%, 01/31/2028 (A)		100		107
TransAlta
4.500%, 11/15/2022		10		10
Vistra Operations
5.625%, 02/15/2027 (A)		200		208
5.000%, 07/31/2027 (A)		192		199
				7,369
Total Corporate Obligations (Cost $179,088) ($ Thousands)				178,967
SOVEREIGN DEBT — 39.7%
Abu Dhabi Government International Bond
3.125%, 10/11/2027		500		543
3.125%, 09/30/2049		1,500		1,460
2.500%, 09/30/2029		1,000		1,032
0.750%, 09/02/2023		250		251
Angolan Government International Bond
9.500%, 11/12/2025		700		767

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
9.125%, 11/26/2049	$	500	$	505
8.000%, 11/26/2029		500		503
Argentine Republic Government International Bond
0.125%, 0.500%, 07/09/2021, 07/09/2030 (E)		1,750		630
0.125%, 1.125%, 07/09/2021, 07/09/2035 (E)		2,250		709
0.125%, 2.500%, 07/09/2021, 07/09/2041 (E)		1,000		355
Armenia Government International Bond
3.600%, 02/02/2031 (A)		200		183
Azerbaijan Government International Bond
4.750%, 03/18/2024		500		543
Bahrain Government International Bond
6.125%, 08/01/2023		1,000		1,079
6.000%, 09/19/2044		500		467
5.450%, 09/16/2032		500		496
Belarus Government International Bond
6.875%, 02/28/2023		250		255
Belarus Ministry of Finance
6.378%, 02/24/2031		500		476
Bolivian Government International Bond
4.500%, 03/20/2028		500		446
Brazilian Government International Bond
4.750%, 01/14/2050		1,000		938
4.625%, 01/13/2028		1,000		1,072
3.875%, 06/12/2030		1,700		1,687
2.875%, 06/06/2025		1,000		1,024
Cameroon Government International Bond
9.500%, 11/19/2025		250		279
Chile Government International Bond
3.860%, 06/21/2047		250		273
3.500%, 01/25/2050		750		775
3.240%, 02/06/2028		650		707
Colombia Government International Bond
5.000%, 06/15/2045		2,000		2,126
4.500%, 03/15/2029		1,000		1,091
4.000%, 02/26/2024		1,000		1,066
3.250%, 04/22/2032		200		196
Costa Rica Government International Bond
7.158%, 03/12/2045		700		723
6.125%, 02/19/2031		300		313
4.250%, 01/26/2023		300		304
Croatia Government International Bond
6.000%, 01/26/2024		750		857
Dominican Republic International Bond
6.875%, 01/29/2026		1,000		1,168
6.850%, 01/27/2045		400		455
5.875%, 01/30/2060		1,000		997
4.875%, 09/23/2032		1,200		1,256

62 Adviser Managed Trust / Quarterly Report / April 30, 2021

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
Ecuador Government International Bond
0.500%, 5.000%, 07/31/2021, 07/31/2030 (E)	$	1,200	$	1,002
0.500%, 1.000%, 07/31/2021, 07/31/2035 (E)		1,750		1,190
0.500%, 0.500%, 07/31/2021, 07/31/2040 (E)		500		297
Egypt Government International Bond
8.875%, 05/29/2050		750		788
8.500%, 01/31/2047		750		773
7.500%, 01/31/2027		1,000		1,103
5.875%, 02/16/2031 (A)		350		337
5.750%, 05/29/2024		1,200		1,268
El Salvador Government International Bond
9.500%, 07/15/2052		500		566
7.650%, 06/15/2035		400		419
5.875%, 01/30/2025		700		721
Emirate of Dubai Government International Bond MTN
3.900%, 09/09/2050		200		184
Ethiopia Government International Bond
6.625%, 12/11/2024		200		191
Export-Import Bank of India MTN
3.250%, 01/15/2030		1,250		1,254
Gabon Government International Bond
6.625%, 02/06/2031		500		502
Ghana Government International Bond
8.950%, 03/26/2051		200		198
7.875%, 02/11/2035		1,200		1,181
6.375%, 02/11/2027		1,400		1,388
Guatemala Government International Bond
6.125%, 06/01/2050		500		600
4.500%, 05/03/2026		500		549
Honduras Government International Bond
5.625%, 06/24/2030		350		367
Hungary Government International Bond
7.625%, 03/29/2041		250		403
5.375%, 03/25/2024		800		907
Indonesia Government International Bond
6.750%, 01/15/2044		750		1,078
4.750%, 01/08/2026		1,250		1,424
4.350%, 01/11/2048		750		826
3.850%, 10/15/2030		250		277
Iraq Government International Bond
5.800%, 01/15/2028		703		678
Ivory Coast Government International Bond
6.125%, 06/15/2033		500		529
Jamaica Government International Bond
7.875%, 07/28/2045		500		697
6.750%, 04/28/2028		500		592
Jordan Government International Bond
6.125%, 01/29/2026		500		540

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
5.850%, 07/07/2030	$	500	$	518
Kazakhstan Government International Bond MTN
6.500%, 07/21/2045		750		1,084
3.875%, 10/14/2024		750		822
Kenya Government International Bond
8.000%, 05/22/2032		650		712
6.875%, 06/24/2024		500		554
Kuwait International Government Bond
3.500%, 03/20/2027		750		830
Lebanon Government International Bond MTN
6.650%, 02/26/2030 (F)		1,500		184
6.100%, 10/04/2022 (F)		1,500		181
Mexico Government International Bond
6.050%, 01/11/2040		1,250		1,526
5.000%, 04/27/2051		750		817
4.500%, 04/22/2029		750		842
4.150%, 03/28/2027		500		560
Mongolia Government International Bond
5.625%, 05/01/2023		350		368
5.125%, 04/07/2026		300		321
Morocco Government International Bond
4.250%, 12/11/2022		500		524
4.000%, 12/15/2050		350		315
3.000%, 12/15/2032		350		332
Mozambique Government International Bond
5.000%, 9.000%, 09/15/2023, 09/15/2031 (E)		200		164
Nigeria Government International Bond
7.875%, 02/16/2032		750		807
7.625%, 11/28/2047		500		503
6.500%, 11/28/2027		850		898
Oman Government International Bond
6.750%, 01/17/2048		750		748
6.000%, 08/01/2029		750		796
4.750%, 06/15/2026		2,000		2,075
Pakistan Government International Bond
6.875%, 12/05/2027		800		836
Panama Government International Bond
4.500%, 04/16/2050		700		773
4.500%, 04/01/2056		1,000		1,101
4.000%, 09/22/2024		450		490
3.875%, 03/17/2028		1,000		1,100
Paraguay Government International Bond
5.400%, 03/30/2050		700		788
4.950%, 04/28/2031		700		787
Perusahaan Penerbit SBSN Indonesia III
4.325%, 05/28/2025		500		558
4.150%, 03/29/2027		250		278
3.800%, 06/23/2050		200		206

Adviser Managed Trust / Quarterly Report / April 30, 2021 63

SCHEDULE OF INVESTMENTS (Unaudited)

April 30, 2021

Tactical Offensive Enhanced Fixed Income Fund (Concluded)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
Peruvian Government International Bond
5.625%, 11/18/2050	$	250	$	332
2.783%, 01/23/2031		1,200		1,200
2.780%, 12/01/2060		1,250		1,063
2.392%, 01/23/2026		1,000		1,027
Philippine Government International Bond
3.750%, 01/14/2029		2,500		2,804
3.700%, 02/02/2042		750		795
3.000%, 02/01/2028		250		267
2.650%, 12/10/2045		500		457
Poland Government International Bond
5.000%, 03/23/2022		1,000		1,041
3.000%, 03/17/2023		500		524
Qatar Government International Bond
5.103%, 04/23/2048		2,000		2,535
4.000%, 03/14/2029		1,000		1,136
3.875%, 04/23/2023		1,000		1,065
3.400%, 04/16/2025		500		544
Romanian Government International Bond
6.750%, 02/07/2022		500		524
4.000%, 02/14/2051		1,100		1,093
3.000%, 02/14/2031		500		508
Russian Foreign Bond - Eurobond
5.250%, 06/23/2047		1,000		1,230
4.875%, 09/16/2023		1,000		1,089
4.500%, 04/04/2022		1,000		1,032
4.375%, 03/21/2029		1,400		1,567
Saudi Government International Bond
5.250%, 01/16/2050		200		249
4.500%, 10/26/2046		1,250		1,394
4.500%, 04/22/2060		500		570
3.250%, 10/26/2026		1,000		1,075
3.250%, 10/22/2030		1,250		1,319
2.875%, 03/04/2023		1,000		1,040
Senegal Government International Bond
6.750%, 03/13/2048		250		251
6.250%, 05/23/2033		250		262
Serbia Government International Bond
2.125%, 12/01/2030		200		184
South Africa Government International Bond
5.875%, 09/16/2025		1,250		1,392
5.750%, 09/30/2049		1,000		964
4.850%, 09/30/2029		750		775
Sri Lanka Government International Bond
7.550%, 03/28/2030		1,000		652
6.850%, 11/03/2025		1,000		663
5.750%, 04/18/2023		700		505
Trinidad & Tobago Government International Bond
4.500%, 08/04/2026		400		426

Description	Face Amount (Thousands)		Market Value ($ Thousands)
SOVEREIGN DEBT (continued)
Turkey Government International Bond
7.625%, 04/26/2029	$	1,750	$	1,859
7.375%, 02/05/2025		100		106
6.350%, 08/10/2024		1,750		1,801
4.875%, 04/16/2043		1,250		963
4.750%, 01/26/2026		200		192
Ukraine Government International Bond
7.750%, 09/01/2023		1,450		1,542
7.750%, 09/01/2026		1,000		1,077
7.375%, 09/25/2032		700		707
7.253%, 03/15/2033		500		500
Uruguay Government International Bond
5.100%, 06/18/2050		1,700		2,130
4.375%, 01/23/2031		1,250		1,453
Uzbekistan Government International Bond MTN
3.700%, 11/25/2030		250		248
Vietnam Government International Bond
4.800%, 11/19/2024		250		279
Zambia Government International Bond
8.970%, 07/30/2027		700		422
Total Sovereign Debt (Cost $123,905) ($ Thousands)				121,067
Total Investments in Securities — 98.5% (Cost $302,993) ($ Thousands)			$	300,034

  Percentages are based on Net Assets of $304,508 ($ Thousands).

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On April 30, 2021, the value of these securities amounted to $100,917 ($ Thousands), representing 33.1% of the Net Assets of the Fund.

(B) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(C) Perpetual security with no stated maturity date.

(D) Rate shown is the effective yield at the time of purchase.

(E) Step Bonds – Represents the current rate, the step rate, the step date and the final maturity date.

(F) Security is in default on interest payment.

CJSC — Closed Joint-Stock Company

DAC — Designated Activity Company

ICE— Intercontinental Exchange

LIBOR— London Interbank Offered Rate

LLLP— Limited Liability Limited Partnership

MTN — Medium Term Note

PIK — Payment In-Kind

USD — U.S. Dollar

VAR — Variable Rate

As of April 30, 2021, all of the Fund’s investments were considered Level 2 in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

64 Adviser Managed Trust / Quarterly Report / April 30, 2021

For the period ended April 30, 2021, there were no transfers in or out of Level 3.

Amounts designated as “—” are either $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

Adviser Managed Trust / Quarterly Report / April 30, 2021 65