Oakhurst Short Duration High Yield Credit Fund
Schedule of Investments
as of November 30, 2023 (Unaudited)
CORPORATE BONDS - 91.1%	Par		Value
Communications - 3.1%
DIRECTV Holdings LLC / DIRECTV Financing Co., Inc.
4.45%, 04/01/2024	$	335,000	$	308,642
3.95%, 01/15/2025		438,000		356,970
Uber Technologies, Inc., 6.25%, 01/15/2028  (a)		515,000		510,172
				1,175,784
Consumer Discretionary - 16.6%
American Airlines, Inc., 11.75%, 07/15/2025  (a)		635,000		695,331
Caesars Entertainment, Inc., 8.13%, 07/01/2027  (a)		560,000		571,047
Carnival Corp., 7.63%, 03/01/2026  (a)		695,000		700,573
Ford Motor Credit Co. LLC, 4.27%, 01/09/2027		325,000		304,673
Garda World Security Corp., 4.63%, 02/15/2027  (a)		515,000		490,191
Genting New York LLC / GENNY Capital, Inc., 3.30%, 02/15/2026  (a)		550,000		497,737
MGM Resorts International, 5.50%, 04/15/2027		625,000		606,105
NCL Corp. Ltd., 3.63%, 12/15/2024  (a)		512,000		495,609
Prime Security Services Borrower LLC / Prime Finance, Inc., 5.75%, 04/15/2026  (a)		520,000		514,733
Rakuten Group, Inc., 10.25%, 11/30/2024  (a)		750,000		766,873
Sotheby's, 4.88%, 12/15/2025  (a)		6,000		5,522
White Cap Parent LLC, 8.25% (9.00% PIK), 03/15/2026  (a)		750,000		734,454
				6,382,848
Consumer Staples - 5.0%
B&G Foods, Inc., 5.25%, 09/15/2027		750,000		653,780
Coty, Inc., 6.50%, 04/15/2026  (a)		578,000		576,304
Energizer Holdings, Inc., 6.50%, 12/31/2027  (a)		708,000		685,586
				1,915,670
Energy - 11.5%
Antero Midstream Partners LP / Antero Midstream Finance Corp., 5.75%, 03/01/2027  (a)		585,000		572,355
Ascent Resources Utica Holdings LLC / ARU Finance Corp., 7.00%, 11/01/2026  (a)		693,000		683,930
Energy Transfer LP, 5.63%, 05/01/2027  (a)		495,000		486,672
Howard Midstream Energy Partners LLC, 6.75%, 01/15/2027  (a)		723,000		704,410
New Fortress Energy, Inc., 6.50%, 09/30/2026  (a)		685,000		651,576
Phillips 66 Partners LP, 3.61%, 02/15/2025		66,000		63,462
SM Energy Co., 6.63%, 01/15/2027		663,000		657,467
Sunnova Energy Corp., 5.88%, 09/01/2026  (a)		730,000		592,486
				4,412,358
Financials - 32.3%
Acrisure LLC / Acrisure Finance, Inc., 10.13%, 08/01/2026  (a)		675,000		695,901
Ally Financial, Inc., 5.75%, 11/20/2025		600,000		589,496
Antares Holdings LP, 2.75%, 01/15/2027  (a)		475,000		410,868
BGC Group, Inc., 8.00%, 05/25/2028		500,000		510,591
Block, Inc., 2.75%, 06/01/2026		555,000		511,816
Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL, 5.75%, 05/15/2026  (a)		593,000		563,030
Burford Capital Global Finance LLC, 6.25%, 04/15/2028  (a)		750,000		713,101
Drawbridge Special Opportunities Fund LP / Drawbridge Special Opportunities Fin, 3.88%, 02/15/2026  (a)		750,000		677,636
First-Citizens Bank & Trust Co., 2.97% to 09/27/2024 then 3 mo. Term SOFR + 1.72%, 09/27/2025		380,000		368,631
Fly Leasing Ltd., 7.00%, 10/15/2024  (a)		750,000		696,367
Fortress Transportation and Infrastructure Investors LLC, 9.75%, 08/01/2027  (a)		375,000		390,218
HAT Holdings I LLC / HAT Holdings II LLC, 3.38%, 06/15/2026  (a)		525,000		475,623
HUB International Ltd., 5.63%, 12/01/2029  (a)		730,000		663,777
Jefferson Capital Holdings LLC, 6.00%, 08/15/2026  (a)		550,000		511,620
MBIA, Inc., 7.00%, 12/15/2025		675,000		643,548
Midcap Financial Issuer Trust, 6.50%, 05/01/2028  (a)		750,000		653,378
Navient Corp., 5.00%, 03/15/2027		530,000		494,657
New York Community Bancorp, Inc., 8.43% (3 mo. Term SOFR + 3.04%), 11/06/2028  (b)		543,000		517,315
Rithm Capital Corp., 6.25%, 10/15/2025  (a)		675,000		650,248
SBA Communications Corp., 3.88%, 02/15/2027		524,000		493,539
StoneX Group, Inc., 8.63%, 06/15/2025  (a)		700,000		706,620
United Wholesale Mortgage LLC, 5.50%, 11/15/2025  (a)		493,000		479,763
				12,417,743
Health Care - 6.9%
Heartland Dental LLC / Heartland Dental Finance Corp., 8.50%, 05/01/2026  (a)		803,000		759,286
Prime Healthcare Services, Inc., 7.25%, 11/01/2025  (a)		736,000		692,327
Tenet Healthcare Corp., 4.63%, 06/15/2028		620,000		579,454
US Acute Care Solutions LLC, 6.38%, 03/01/2026  (a)		800,000		630,872
				2,661,939
Industrials - 4.9%
Bombardier, Inc., 7.88%, 04/15/2027  (a)		602,000		602,993
Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 02/01/2026  (a)		720,000		695,801
RXO, Inc., 7.50%, 11/15/2027  (a)		550,000		564,982
				1,863,776
Materials - 1.7%
Clearwater Paper Corp., 4.75%, 08/15/2028  (a)		725,000		647,642
Technology - 4.6%
Cloud Software Group, Inc., 6.50%, 03/31/2029  (a)		533,000		491,335
Gen Digital, Inc., 6.75%, 09/30/2027  (a)		645,000		649,662
Sabre GLBL, Inc., 11.25%, 12/15/2027  (a)		710,000		643,741
				1,784,738
Utilities - 4.5%
Elwood Energy LLC, 8.16%, 07/05/2026		816,815		718,797
NSG Holdings LLC / NSG Holdings, Inc., 7.75%, 12/15/2025  (a)		998,325		998,330
				1,717,127
TOTAL CORPORATE BONDS (Cost $35,813,242)				34,979,625
ASSET-BACKED SECURITIES - 3.3%	Par		Value
United Airlines 2020-1 Class B Pass Through Trust, Series B, 4.88%, 01/15/2026		638,400		612,639
United Airlines, Inc., Series 2016-1B, 3.65%, 01/07/2026		714,062		667,425
TOTAL ASSET-BACKED SECURITIES (Cost $1,266,565)				1,280,064
CONVERTIBLE BONDS - 1.5%	Par		Value
Financials - 1.5%
PennyMac Corp., 5.50%, 11/01/2024		590,000		575,988
TOTAL CONVERTIBLE BONDS (Cost $584,723)				575,988
SHORT-TERM INVESTMENTS - 3.6%
Money Market Funds - 2.0%	Shares
Invesco Treasury Portfolio - Class Institutional, 5.28%(c)		783,190		783,190
U.S. Treasury Bills - 1.5%	Par
5.33%, 05/09/2024(d)		600,000		586,243
TOTAL SHORT-TERM INVESTMENTS (Cost $1,369,330)				1,369,433
TOTAL INVESTMENTS - 99.5% (Cost $39,033,860)			$	38,205,110
Other Assets in Excess of Liabilities - 0.5%				186,155
TOTAL NET ASSETS - 100.0%			$	38,391,265

Percentages are stated as a percent of net assets.

PIK - Payment In Kind

SOFR - Secured Overnight Financing Rate

(a)	Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of November 30, 2023, the value of these securities total $26,600,682 or 69.3% of the Fund’s net assets.
(b)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of November 30, 2023.
(c)	The rate shown represents the 7-day effective yield as of November 30, 2023.
(d)	The rate shown is the effective yield.

Oakhurst Short Duration High Yield Credit Fund
	Level 1		Level 2		Level 3		Total
Investments:
Corporate Bonds	$	–	$	34,979,626	$	–	$	34,979,626
Asset-Backed Securities		–		1,280,064		–		1,280,064
Convertible Bonds		–		575,988		–		575,988
Money Market Funds		783,190		–		–		783,190
U.S. Treasury Bills		–		586,243		–		586,243
Total Investments	$	783,190	$	37,421,920	$	–	$	38,205,110
Refer to the Schedule of Investments for industry classifications.