FUND

TICKER

FUND NAME

FUND NAME - CONT'd

CUSIP

DESCRIPTION SUMMARY

DESCRIPTION

COUNTRY

CURRENCY

SHARES

COST

VALUE

UNREALIZED

Modern Capital Tactical Opportunities

FAX

ABERDEEN ASIA

PACIFIC INCOME FUND

003009107

CLOSED-E

CLOSED-END FUND

USA

USD

15,000.000

61,293.00

62,250.00

957.00

Modern Capital Tactical Opportunities

AVK

Advent Convertible

and Income

00764C109

CLOSED-E

CLOSED-END FUND

USA

USD

8,196.000

149,677.40

147,364.08

(2,313.32)

Modern Capital Tactical Opportunities

IGR

CBRE Clarion Global

Real Estate Income F

12504G100

CLOSED-E

CLOSED-END FUND

USA

USD

12,500.000

104,932.00

104,500.00

(432.00)

Modern Capital Tactical Opportunities

CEE

Central and Eastern

Europe Fund Inc

153436100

CLOSED-E

CLOSED-END FUND

USA

USD

2,000.000

55,863.06

57,740.00

1,876.94

Modern Capital Tactical Opportunities

GGN

GAMCO GLOBAL GOLD

INCOME TRUST

36465A109

CLOSED-E

CLOSED-END FUND

USA

USD

44,581.000

167,169.83

166,287.13

(882.70)

Modern Capital Tactical Opportunities

GER

Goldman Sachs MLP

Energy and Renaissan

38148G206

CLOSED-E

CLOSED-END FUND

USA

USD

6,091.000

65,417.34

65,539.16

121.82

Modern Capital Tactical Opportunities

HGLB

HIGHLAND GLOBAL

ALLOCATION FUND

43010T104

CLOSED-E

CLOSED-END FUND

USA

USD

22,968.000

207,068.08

208,779.12

1,711.04

Modern Capital Tactical Opportunities

KMF

KAYNE ANDERSON MID=

STREAM/ENE

48661E108

CLOSED-E

CLOSED-END FUND

USA

USD

35,000.000

256,873.00

254,800.00

(2,073.00)

Modern Capital Tactical Opportunities

MXE

Mexico Equity & Inco

me Fund Inc/Fund

592834105

CLOSED-E

CLOSED-END FUND

USA

USD

3,441.000

42,491.36

37,093.98

(5,397.38)

Modern Capital Tactical Opportunities

EDD

Morgan Stanley Emerg

ing Markets Domestic

617477104

CLOSED-E

CLOSED-END FUND

USA

USD

7,500.000

44,113.50

43,875.00

(238.50)

Modern Capital Tactical Opportunities

NRO

Neuberger Berman

Real Estate

64190A103

CLOSED-E

CLOSED-END FUND

USA

USD

11,928.000

57,811.85

57,254.40

(557.45)

Modern Capital Tactical Opportunities

NML

Neuberger Berman MLP

& Energy Income Fund

64129H104

CLOSED-E

CLOSED-END FUND

USA

USD

61,672.000

305,578.75

304,042.96

(1,535.79)

Modern Capital Tactical Opportunities

NHF

NexPoint Strategic O

pportunities Fund

65340G205

CLOSED-E

CLOSED-END FUND

USA

USD

23,509.000

337,409.82

327,010.19

(10,399.63)

Modern Capital Tactical Opportunities

PVL

Permain Royalty

Trust

71425H100

CLOSED-E

CLOSED-END FUND

USA

USD

98,437.000

189,166.44

188,999.04

(167.40)

Modern Capital Tactical Opportunities

NRGX

PIMCO ENERGY AND

TACTICAL CREDIT OPP

69346N107

CLOSED-E

CLOSED-END FUND

USA

USD

7,000.000

84,583.80

85,470.00

886.20

Modern Capital Tactical Opportunities

PHK

PIMCO HIGH INCOME

FUND

722014107

CLOSED-E

CLOSED-END FUND

USA

USD

55,501.000

358,893.04

348,546.28

(10,346.76)

Modern Capital Tactical Opportunities

PFN

PIMCO Income

Strategy Fd II

72201J104

CLOSED-E

CLOSED-END FUND

USA

USD

28,543.000

286,889.82

289,426.02

2,536.20

Modern Capital Tactical Opportunities

RMRM

RMR MORTGAGE

TRUST

76970B101

CLOSED-E

CLOSED-END FUND

USA

USD

35,212.000

380,030.59

363,035.72

(16,994.87)

Modern Capital Tactical Opportunities

BRW

Saba Capital Income

& Opportunities Fund

78518H103

CLOSED-E

CLOSED-END FUND

USA

USD

20,000.000

91,800.00

91,000.00

(800.00)

Modern Capital Tactical Opportunities

SMM

Salient Midstream &

MLP Fund

79471V105

CLOSED-E

CLOSED-END FUND

USA

USD

19,368.000

118,045.70

122,986.80

4,941.10

Modern Capital Tactical Opportunities

SWZ

SWISS HELVETIA FUND

870875101

CLOSED-E

CLOSED-END FUND

USA

USD

6,169.000

60,596.90

56,631.42

(3,965.48)

Modern Capital Tactical Opportunities

NTG

TORTOISE

MIDSTREAM

89148B200

CLOSED-E

CLOSED-END FUND

USA

USD

1,600.000

46,256.00

46,192.00

(64.00)

Modern Capital Tactical Opportunities

BBAR

BBVA ARGENTINA

SA-ADR

058934100

COMMSTCK

COMMON STOCK

ARS

USD

12,793.000

50,030.04

49,764.77

(265.27)

Modern Capital Tactical Opportunities

BRFS

BRF SA

10552T107

COMMSTCK

COMMON STOCK

BRL

USD

15,000.000

73,428.00

75,300.00

1,872.00

Modern Capital Tactical Opportunities

DESP

Despegar.com Corp

VGG273581030

COMMSTCK

COMMON STOCK

VIR

USD

5,000.000

57,807.00

60,150.00

2,343.00

Modern Capital Tactical Opportunities

SUPV

Grupo Supervielle

S.A.

40054A108

COMMSTCK

COMMON STOCK

ARS

USD

25,000.000

55,918.80

56,250.00

331.20

Modern Capital Tactical Opportunities

KRP

Kimbell Royalty Part

ners LP

49435R102

COMMSTCK

COMMON STOCK

USA

USD

12,499.000

163,516.09

176,610.87

13,094.78

Modern Capital Tactical Opportunities

SBR

Sabine Royalty Trust

785688102

COMMSTCK

COMMON STOCK

USA

USD

2,000.000

81,763.40

85,660.00

3,896.60

Modern Capital Tactical Opportunities

TGS

Transportadora de

Gas del Sur SA

893870204

COMMSTCK

COMMON STOCK

ARS

USD

10,000.000

51,599.00

49,300.00

(2,299.00)

Modern Capital Tactical Opportunities

TRMT

TREMONT MORTGAGE

TRUST

894789106

COMMSTCK

COMMON STOCK

USA

USD

23,651.000

130,456.65

123,458.22

(6,998.43)

Modern Capital Tactical Opportunities

VOC

Voc Energy Trust

91829B103

COMMSTCK

COMMON STOCK

USA

USD

33,772.000

152,315.27

155,013.48

2,698.21

Modern Capital Tactical Opportunities

FLBR

Franklin FTSE Brazil

ETF

35473P835

ETF

EXCHANGE TRADED FUND

USA

USD

3,000.000

64,003.00

60,070.50

(3,932.50)

Modern Capital Tactical Opportunities

MVO

MV OIL TRUST

553859109

GRANTOR

GRANTOR TRUST

USA

USD

9,677.000

69,441.04

83,899.59

14,458.55

Modern Capital Tactical Opportunities

PBT

Permian Basin Royalt

Trust

714236106

GRANTOR

GRANTOR TRUST

USA

USD

20,000.000

107,426.45

114,600.00

7,173.55

Modern Capital Tactical Opportunities

PRT

PermRock Royalty

Trust

714254109

GRANTOR

GRANTOR TRUST

USA

USD

11,019.000

72,953.24

73,386.54

433.30

Modern Capital Tactical Opportunities

SJT

San Juan

Royalty Trust

798241105

GRANTOR

GRANTOR TRUST

USA

USD

73,102.000

357,467.71

369,896.12

12,428.41

Modern Capital Tactical Opportunities

BSM

BLACK STONE MINERALS

09225M101

MLP

LIMITED PARTNERSHIP

USA

USD

6,000.000

68,460.00

72,300.00

3,840.00

Modern Capital Tactical Opportunities

GOIXX

Federated Government

Obligations Fund

60934N104

MONEYMKT

MONEY MARKET

USA

USD

2,606,602.800

2,606,602.80

2,606,602.80

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