Huber Mid Cap Value Fund | |||||||
SCHEDULE OF INVESTMENTS at July 31, 2021 (Unaudited) | |||||||
Shares | COMMON STOCKS - 93.81% | Value | |||||
Apparel & Textile Products - 0.27% | |||||||
200 | Carter's, Inc. | $ | 19,548 | ||||
Asset Management - 1.16% | |||||||
309 | Virtus Investment Partners, Inc. | 85,324 | |||||
Automotive - 2.81% | |||||||
5,505 | Miller Industries, Inc. | 206,493 | |||||
Banking - 15.06% | |||||||
5,800 | Atlantic Capital Bancshares, Inc. (a) | 139,200 | |||||
350 | First Citizens BancShares, Inc. - Class A | 273,906 | |||||
23,816 | First Horizon Corp. | 367,957 | |||||
6,000 | Truist Financial Corp. | 326,580 | |||||
1,107,643 | |||||||
Chemicals - 1.67% | |||||||
1,388 | Innospec, Inc. | 122,769 | |||||
Consumer Services - 5.05% | |||||||
6,500 | Rent-A-Center, Inc. | 371,930 | |||||
Electric Utilities - 7.90% | |||||||
2,000 | American Electric Power Co., Inc. | 176,240 | |||||
2,000 | Black Hills Corp. | 135,300 | |||||
500 | Entergy Corp. | 51,460 | |||||
1,758 | Evergy, Inc. | 114,657 | |||||
2,127 | Portland General Electric Co. | 104,010 | |||||
581,667 | |||||||
Electrical Equipment - 3.38% | |||||||
4,500 | Carrier Global Corp. | 248,625 | |||||
Entertainment Content - 5.00% | |||||||
13,437 | Lions Gate Entertainment Corp. - Class B (a) (c) | 179,518 | |||||
4,600 | ViacomCBS, Inc. - Class B (c) | 188,278 | |||||
367,796 | |||||||
Food - 1.89% | |||||||
700 | ConAgra Foods, Inc. | 23,443 | |||||
766 | Lamb Weston Holdings, Inc. | 51,146 | |||||
900 | Tyson Foods, Inc. - Class A | 64,314 | |||||
138,903 | |||||||
Health Care Facilities & Services - 5.94% | |||||||
9,742 | Hanger, Inc. (a) | 239,069 | |||||
2,300 | Select Medical Holdings Corp. | 90,735 | |||||
1,500 | Tenet Healthcare Corp. (a) | 107,760 | |||||
437,564 | |||||||
Insurance - 7.38% | |||||||
11,910 | CNO Financial Group, Inc. | 272,025 | |||||
2,700 | Prudential Financial, Inc. | 270,756 | |||||
542,781 |
Internet Media & Services - 1.18% | |||||||
400 | VeriSign, Inc. (a) | 86,548 | |||||
Leisure Products - 1.63% | |||||||
9,140 | JAKKS Pacific, Inc. (a) | 119,917 | |||||
Medical Equipment & Devices - 0.56% | |||||||
300 | CONMED Corp. | 41,382 | |||||
Metals & Mining - 1.08% | |||||||
8,550 | Sprott Physical Uranium Trust (a) (b) | 79,154 | |||||
Oil & Gas Producers - 4.90% | |||||||
32,339 | Golar LNG Ltd. - ADR (a) | 360,903 | |||||
Oil & Gas Services & Equipment - 6.01% | |||||||
142,924 | TETRA Technologies, Inc. (a) | 441,635 | |||||
Retail - Discretionary - 1.34% | |||||||
3,400 | Gap, Inc. | 99,178 | |||||
Specialty Finance - 3.66% | |||||||
6,604 | Enova International, Inc. (a) | 218,526 | |||||
3,156 | International Money Express, Inc. (a) | 51,096 | |||||
269,622 | |||||||
Technology Hardware - 6.02% | |||||||
15,276 | Comtech Telecommunications Corp. | 381,441 | |||||
300 | F5 Networks, Inc. (a) | 61,953 | |||||
443,394 | |||||||
Technology Services - 9.92% | |||||||
18,185 | KBR, Inc. | 703,759 | |||||
300 | Science Applications International Corp. | 26,190 | |||||
729,949 | |||||||
TOTAL COMMON STOCKS (Cost $5,132,443) | 6,902,725 | ||||||
REITs - 2.65% | |||||||
REIT: Industrial - 1.03% | |||||||
1,100 | Granite Real Estate Investment Trust | 76,142 | |||||
REIT: Office - 1.62% | |||||||
4,102 | Office Properties Income Trust | 118,876 | |||||
TOTAL REITs (Cost $123,193) | 195,018 | ||||||
MONEY MARKET FUNDS - 4.62% | |||||||
170,133 | First American Government Obligations Fund, Institutional Class, 0.03% (d) | 170,133 | |||||
170,133 | First American Treasury Obligations Fund, Institutional Class, 0.01% (d) | 170,133 | |||||
TOTAL MONEY MARKET FUNDS (Cost $340,266) | 340,266 | ||||||
Total Investments in Securities (Cost $5,595,902) - 101.08% | 7,438,009 | ||||||
Liabilities in Excess of Other Assets - (1.08)% | (79,247 | ) | |||||
NET ASSETS - 100.00% | $ | 7,358,762 |
ADR | American Depository Receipt | ||
REIT | Real Estate Investment Trust | ||
(a) | Non-income producing security. | ||
(b) | Foreign issued security. | ||
(c) | Non-voting shares. | ||
(d) | Rate shown is the 7-day annualized yield as of July 31, 2021. | ||
Huber Mid Cap Value Fund | |||||||||||
Summary of Fair Value Disclosure at July 31, 2021 (Unaudited) | |||||||||||
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United | |||||||||||
States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: | |||||||||||
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | |||||||||||
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may | |||||||||||
include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, | |||||||||||
default rates and similar data. | |||||||||||
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions | |||||||||||
about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | |||||||||||
The following is a summary of the inputs used to value the Fund's investments as of July 31, 2021: | |||||||||||
Huber Mid Cap Value Fund | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | ||||||||||||||||
Communications | $ | 454,344 | $ | - | $ | - | $ | 454,344 | ||||||||
Consumer Discretionary | 817,065 | - | - | 817,065 | ||||||||||||
Consumer Staples | 138,903 | - | - | 138,903 | ||||||||||||
Energy | 802,539 | - | - | 802,539 | ||||||||||||
Financials | 2,005,369 | - | - | 2,005,369 | ||||||||||||
Health Care | 478,946 | - | - | 478,946 | ||||||||||||
Industrials | 248,625 | - | - | 248,625 | ||||||||||||
Materials | 201,923 | - | - | 201,923 | ||||||||||||
Technology | 1,173,344 | - | - | 1,173,344 | ||||||||||||
Utilities | 581,667 | - | - | 581,667 | ||||||||||||
Total Common Stocks | 6,902,725 | - | - | 6,902,725 | ||||||||||||
REITs | 195,018 | - | - | 195,018 | ||||||||||||
Money Market Funds | 340,266 | - | - | 340,266 | ||||||||||||
Total Investments in Securities | $ | 7,438,009 | $ | - | $ | - | $ | 7,438,009 | ||||||||
Refer to the Fund’s schedule of investments for a detailed break-out of common stocks by industry classification. |