EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) |
November 30, 2021 |
Shares | Fair Value | |||||||
EXCHANGE-TRADED FUNDS — 46.3% | ||||||||
ALTERNATIVE - 5.1% | ||||||||
15,207 | iM DBi Managed Futures Strategy ETF | $ | 431,574 | |||||
65 | IQ Merger Arbitrage ETF | 2,101 | ||||||
433,675 | ||||||||
COMMODITY - 8.9% | ||||||||
166 | Invesco DB Agriculture Fund(a) | 3,214 | ||||||
224 | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 4,540 | ||||||
144 | iShares GSCI Commodity Dynamic | 4,912 | ||||||
22,110 | iShares S&P GSCI Commodity Indexed Trust(a) | 352,875 | ||||||
1,566 | ProShares UltraShort Bloomberg Crude Oil(a) | 26,199 | ||||||
267 | SPDR Gold Shares(a),(b) | 44,189 | ||||||
6,398 | United States Commodity Index Fund(a) | 259,183 | ||||||
3,851 | United States Natural Gas Fund, L.P.(a) | 58,073 | ||||||
753,185 | ||||||||
EQUITY - 10.2% | ||||||||
9 | CI Active Utility & Infrastructure ETF | 93 | ||||||
1,442 | Core Alternative ETF | 42,339 | ||||||
197 | Direxion NASDAQ-100 Equal Weighted Index Shares | 16,922 | ||||||
486 | First Trust Financial AlphaDEX Fund | 21,899 | ||||||
279 | Global X MSCI Argentina ETF | 8,113 | ||||||
1,660 | Invesco DWA Financial Momentum ETF | 90,752 | ||||||
946 | Invesco KBW High Dividend Yield Financial ETF | 18,977 | ||||||
1,792 | Invesco S&P 500 Equal Weight ETF | 275,234 | ||||||
181 | iShares Exponential Technologies ETF | 11,729 | ||||||
130 | iShares Latin America 40 ETF | 3,093 | ||||||
637 | iShares Mortgage Real Estate ETF | 22,505 | ||||||
945 | iShares MSCI All Country Asia ex Japan ETF | 78,709 | ||||||
170 | iShares MSCI Brazil ETF | 4,928 | ||||||
398 | iShares MSCI Chile ETF | 10,069 | ||||||
342 | iShares MSCI Frontier and Select EM ETF | 11,720 | ||||||
2,535 | iShares MSCI Global Multifactor ETF | 94,936 | ||||||
755 | iShares MSCI Japan ETF | 50,079 | ||||||
1,111 | iShares S&P/TSX Capped Materials Index ETF | 15,269 | ||||||
26 | iShares S&P/TSX Global Gold Index ETF | 364 | ||||||
77 | iShares STOXX Europe 600 Basic Resources UCITS ETF | 4,864 |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
EXCHANGE-TRADED FUNDS — 46.3% (Continued) | ||||||||
EQUITY - 10.2% (Continued) | ||||||||
1 | SPDR EURO STOXX 50 ETF | $ | 45 | |||||
276 | SPDR S&P Metals & Mining ETF | 11,366 | ||||||
282 | VanEck Africa Index ETF | 5,687 | ||||||
862 | VanEck Russia ETF | 24,377 | ||||||
652 | Vanguard FTSE Emerging Markets ETF | 32,072 | ||||||
856,141 | ||||||||
FIXED INCOME - 18.1% | ||||||||
787 | Highland/iBoxx Senior Loan ETF | 12,470 | ||||||
17 | iShares 20+ Year Treasury Bond ETF | 2,577 | ||||||
1,050 | iShares 7-10 Year Treasury Bond ETF | 121,590 | ||||||
7,827 | iShares Barclays USD Asia High Yield Bond Index ETF | 68,017 | ||||||
496 | iShares Floating Rate Bond ETF | 25,162 | ||||||
2,594 | iShares iBoxx High Yield Corporate Bond ETF | 222,150 | ||||||
1,931 | iShares JPMorgan USD Emerging Markets Bond ETF | 207,525 | ||||||
1,482 | iShares MBS ETF | 159,419 | ||||||
2,911 | SPDR Bloomberg Barclays Euro High Yield Bond UCITS ETF | 185,680 | ||||||
80 | SPDR Doubleline Total Return Tactical ETF | 3,833 | ||||||
998 | VanEck Vectors Emerging Markets High Yield Bond ETF | 22,196 | ||||||
6,177 | Vanguard Total International Bond ETF | 353,509 | ||||||
4,683 | WisdomTree Emerging Markets Local Debt Fund | 139,415 | ||||||
1,523,543 | ||||||||
MIXED ALLOCATION - 3.5% | ||||||||
5,140 | iShares Morningstar Multi-Asset Income ETF | 122,178 | ||||||
1,308 | SPDR SSgA Income Allocation ETF | 45,828 | ||||||
4,612 | SPDR SSgA Multi-Asset Real Return ETF | 131,442 | ||||||
299,448 | ||||||||
SPECIALTY - 0.5% | ||||||||
1,657 | Invesco DB US Dollar Index Bullish Fund(a) | 42,585 | ||||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $3,965,961) | 3,908,577 |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||||||||||||||
EXCHANGE-TRADED NOTES — 0.3% | ||||||||||||||||||||
COMMODITY - 0.1% | ||||||||||||||||||||
94 | iPath Series B Bloomberg Coffee Subindex Total Return ETN(a) | $ | 5,922 | |||||||||||||||||
85 | iPath Series B Bloomberg Grains Subindex Total Return ETN(a) | 5,422 | ||||||||||||||||||
11,344 | ||||||||||||||||||||
SPECIALTY - 0.2% | ||||||||||||||||||||
601 | iPath Series B S&P 500 VIX Short-Term Futures ETN(a) | 15,301 | ||||||||||||||||||
TOTAL EXCHANGE-TRADED NOTES (Cost $25,085) | 26,645 | |||||||||||||||||||
OPEN END FUNDS — 31.0% | ||||||||||||||||||||
ALTERNATIVE - 2.3% | ||||||||||||||||||||
1,248 | AQR Managed Futures Strategy Fund, Class I | 9,638 | ||||||||||||||||||
15,889 | Easterly Hedged Equity Fund, Class R6 | 185,747 | ||||||||||||||||||
195,385 | ||||||||||||||||||||
FIXED INCOME - 28.7% | ||||||||||||||||||||
216,923 | Easterly Structured Credit Value Fund, Class R6 | 2,418,693 | ||||||||||||||||||
TOTAL OPEN END FUNDS (Cost $2,581,809) | 2,614,078 | |||||||||||||||||||
Contracts(c) | Broker/Counterparty | Expiration Date | Exercise Price | Notional Value | ||||||||||||||||
INDEX OPTIONS PURCHASED - 0.1% | ||||||||||||||||||||
PUT OPTIONS PURCHASED - 0.1% | ||||||||||||||||||||
3 | S&P 500 INDEX | GS | 12/01/2021 | $ | 4,590 | $ | 1,520,811 | 9,041 | ||||||||||||
TOTAL PUT OPTIONS PURCHASED (Cost - $2,063) | ||||||||||||||||||||
TOTAL INDEX OPTIONS PURCHASED (Cost - $2,063) | 9,041 | |||||||||||||||||||
TOTAL INVESTMENTS - 77.7% (Cost $6,574,918) | $ | 6,558,341 | ||||||||||||||||||
PUT OPTIONS WRITTEN - (0.1)% (Proceeds - $2,063) | (8,443 | ) | ||||||||||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES- 22.4% | 1,893,636 | |||||||||||||||||||
NET ASSETS - 100.0% | $ | 8,443,534 |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Contracts(c) | Counterparty | Expiration Date | Exercise Price | Notional Value | Fair Value | |||||||||||||||
WRITTEN INDEX OPTIONS - (0.1)% | ||||||||||||||||||||
PUT OPTIONS WRITTEN - (0.1)% | ||||||||||||||||||||
3 | S&P 500 INDEX | GS | 12/01/2021 | $ | 4,480 | $ | 1,182,853 | $ | 771 | |||||||||||
4 | S&P 500 INDEX | GS | 12/01/2021 | 4,570 | 1,909,463 | 7,672 | ||||||||||||||
TOTAL PUT OPTIONS WRITTEN (Proceeds - $2,063) | 8,443 | |||||||||||||||||||
TOTAL INDEX OPTIONS WRITTEN (Proceeds - $2,063) | $ | 8,443 |
ETF | - Exchange-Traded Fund |
LP | - Limited Partnership |
SPDR | - Standard & Poor’s Depositary Receipt |
GS | - Goldman Sachs |
(a) | Non-income producing security. |
(b) | All or a portion of this investment is a holding of the James Alpha Cayman Commodity Fund I Ltd. |
(c) | Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security. |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
November 30, 2021 |
Forward Currency Contracts
Settlement | Units to | US Dollar | Appreciation/ | |||||||||||||||||||||
Date | Receive/Deliver | Counterparty | In Exchange For | Value | (Depreciation) | |||||||||||||||||||
To Buy: | ||||||||||||||||||||||||
12/22/2021 | 299,538 | EUR | Brown Brothers Harriman | $ | 338,891 | USD | $ | 337,483 | $ | (1,408 | ) | |||||||||||||
Total Unrealized: | $ | (1,408 | ) | |||||||||||||||||||||
To Sell: | ||||||||||||||||||||||||
12/22/2021 | (7,331 | ) | AUD | Brown Brothers Harriman | $ | (5,335 | ) | USD | $ | (5,200 | ) | $ | 135 | |||||||||||
12/22/2021 | (18,472 | ) | CAD | Brown Brothers Harriman | (14,686 | ) | USD | (14,404 | ) | 282 | ||||||||||||||
12/22/2021 | (3,863 | ) | CHF | Brown Brothers Harriman | (4,158 | ) | USD | (4,179 | ) | (21 | ) | |||||||||||||
12/22/2021 | (14,437 | ) | GBP | Brown Brothers Harriman | (19,433 | ) | USD | (19,111 | ) | 322 | ||||||||||||||
12/22/2021 | (44,531,122 | ) | JPY | Brown Brothers Harriman | (389,064 | ) | USD | (392,386 | ) | (3,322 | ) | |||||||||||||
12/22/2021 | (1,312,422 | ) | MXN | Brown Brothers Harriman | (63,004 | ) | USD | (60,803 | ) | 2,201 | ||||||||||||||
Total Unrealized: | $ | (403 | ) |
Currency Abbreviations:
AUD | - Australian Dollar |
CAD | - Canadian Dollar |
CHF | - Swiss Franc |
EUR | - Euro |
GBP | - British Pound |
JPY | - Japanese Yen |
MXN | - Mexican Peso |
USD | - U.S. Dollar |
TOTAL RETURN SWAP - 8.5 % | Unrealized Gain | |||
The Deutsche Bank Total Return Swap provides exposure to the daily, total returns of the James Alpha Index, a proprietary index of the London Branch of Deutsche Bank AG. The number of shares is 80,351, with a receivable rate of 0.39%. The James Alpha Index features a basket of commodity trading advisor (“CTA”) programs selected by James Alpha Advisors, LLC from an approved list of third-party managers offered through Deutsche Bank AG on its DB Select platform. The James Alpha Index comprises a diversified collection of strategy and style types, including trend following, short-term trading, discretionary, global macro, and sector specialists. According to the terms of the swap, James Alpha Advisors, LLC can modify the James Alpha Index as frequently as daily, on a T+1 basis, by adjusting the notional value of the James Alpha Index, or by adding, deleting, or re-weighting the constituent CTA programs. The swap became effective on December 7, 2016. The maturity date of the swap is December 9, 2022. (Notional Value $8,240,337) | $ | 719,683 | ||
$ | 719,683 | |||
TOTAL RETURN SWAP - (0.0) % | Unrealized Loss | |||
The Goldman Sachs i-Select III Series 88 Excess Return Strategy (“GS i-Select”) is a synthetic rules-based proprietary strategy created by Goldman Sachs International as strategy sponsor. The GS i-Select Index includes strategies of the GS Risk Premia Universe that were selected by James Alpha. The GS i-Select Index is actively managed by James Alpha. The Index features 15 Portfolio Constituents that James Alpha Advisors, LLC determines the daily weighting of each constituent within the GS i-Select Index. The GS i-Select Index is comprised a diversified collection of strategy and style types, including equity, interest rates, FX, commodities, and credit based strategies such as imbalance, volatility carry, carry, momentum, low beta, and quality. According to the terms of the GS i-Select Index, James Alpha Advisors, LLC can modify the GS i-Select Index as frequently as daily, by adjusting the notional value of the GS i-Select Index, or by adding, deleting, or re-weighting the constituent Indexes in the GS i-Select Index. The swap became effective on May 28, 2021, and has a maturity date of February 4, 2022. The number of shares is 25,578. (Notional Value $2,544,235) | $ | (256 | ) | |
$ | (256 | ) | ||
TOTAL RETURN SWAP - (0.0) % | Unrealized Loss | |||
The Goldman Sachs Intraday Momentum ES Series 1 Excess Return Strategy (“GS Intraday Momentum”) aims to capture intraday trend risk premium on the S&P 500. There is empirical evidence that the returns in the earlier part of the day tend to continue in the same direction in the subsequent part of the day, across several markets, including equities. The strategy attempts to monetize this historical tendency for intraday trends from the previous close to extend unto the following close: 1) Every day after the open, the strategy buys futures if markets are rising since the previous close; conversely, it sells futures if markets are falling since previous close. 2) The strategy monitors market moves every 30-minutes to reactively modify its positioning if a new trend appears. 3) All positions are exited at the close. The swap became effective on May 3, 2021, and has a maturity date of February 1, 2022. The number of shares is 1,766. (Notional Value $201,270) | $ | (774 | ) | |
$ | (774 | ) | ||
TOTAL RETURN SWAP - 0.0 % | Unrealized Gain | |||
The Goldman Sachs Long Gamma US Series 10 Excess Return Strategy (“GS Long Gamma”) attempts to provide protection in tail scenarios through a levered position in delta-hedged put options. The strategy buys 12m 10-delta S&P Put options and delta-hedges them to attempt to neutralize the inherent short market exposure in typical markets. The strategy takes a long position in volatility and is best-positioned for left-tail events with very high realized volatility. The swap became effective on May 3, 2021, and has a maturity date of February 1, 2022. The number of shares is 1,521. (Notional Value $213,894) | $ | 3,590 | ||
$ | 3,590 | |||
TOTAL RETURN SWAP - (0.0) % | Unrealized Loss | |||
The Goldman Sachs Calls-vs-Calls US Series 2 Total Return Strategy (“GS Calls vs Calls”) is designed to extract dislocated call premiums from S&P 500 constituents; the strategy sells call options on a daily basis across top 100 constituents of the SPX where the term structure is most inverted. The stocks are picked with constraints on leverage, beta towards SPX and tracking error. The strategy also purchases an ATM call option on SPX to mitigate market risk. The swap became effective on May 28, 2021, and has a maturity date of February 1, 2022. The number of shares is 1,641. (Notional Value $199,553) | $ | (2,955 | ) | |
$ | (2,955 | ) | ||
TOTAL RETURN SWAP - 0.1 % | Unrealized Gain | |||
The Goldman Sachs Systematic Skew US Series 1D Total Return Strategy (“GS Systematic Skew”) is designed to capture the spot-volatility covariance risk premium in equity markets, while minimizing exposure to volatility risk. The strategy sells 3m 15d puts and buys 3m 40d calls (delta and gamma hedged) that target a constant exposure to skew, with performance driven by Vanna. The strategy also buys 5d tail puts for added risk management. The swap became effective on May 28, 2021, and has a maturity date of February 1, 2022. The number of shares is 1,502. (Notional Value $206,874) | $ | 6,051 | ||
$ | 6,051 |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
November 30, 2021 |
James Alpha Index Swap Top 50 Holdings
| ||||||||||||||||||||||
FUTURES CONTRACTS | ||||||||||||||||||||||
Percentage of | ||||||||||||||||||||||
Unrealized | Total Return | |||||||||||||||||||||
Number of | Notional Value at | Appreciation / | Swap Unrealized | |||||||||||||||||||
Contracts | Open Long Future Contracts | Counterparty | November 30, 2021 | Expiration | (Depreciation) | Gain/(Loss) | ||||||||||||||||
7 | 3 month Euro (EURIBOR) | Deutsche Bank | $ | 1,883,390 | 12/18/2023 | $ | (2,734 | ) | (0.38 | )% | ||||||||||||
1 | 10 year Italian Bond | Deutsche Bank | 244,653 | 12/8/2021 | 3,706 | 0.51 | % | |||||||||||||||
1 | 10 year Japanese Government Bond | Deutsche Bank | 1,164,661 | 12/13/2021 | 1,136 | 0.16 | % | |||||||||||||||
2 | 30 year US Treasury Bonds | Deutsche Bank | 380,132 | 3/22/2022 | 3,185 | 0.44 | % | |||||||||||||||
1 | DAX Index Future | Deutsche Bank | 375,907 | 12/17/2021 | (438 | ) | (0.06 | )% | ||||||||||||||
68 | DJ EURO STOXX Banks Future | Deutsche Bank | 362,295 | 12/17/2021 | (3,596 | ) | (0.50 | )% | ||||||||||||||
3 | E-Mini Nasdaq-100 | Deutsche Bank | 952,236 | 12/17/2021 | 5,532 | 0.77 | % | |||||||||||||||
7 | EURO STOXX 50 Index Future | Deutsche Bank | 315,359 | 12/17/2021 | (9,941 | ) | (1.38 | )% | ||||||||||||||
3 | Euro-BUND | Deutsche Bank | 534,848 | 12/8/2021 | 1,230 | 0.17 | % | |||||||||||||||
3 | FTSE 100 Index Future | Deutsche Bank | 275,038 | 12/17/2021 | (1,183 | ) | (0.16 | )% | ||||||||||||||
1 | S&P Canada 60 Index Future | Deutsche Bank | 276,130 | 12/16/2021 | 2,857 | 0.40 | % | |||||||||||||||
7 | S&P CNX Nifty Index Future | Deutsche Bank | 231,342 | 12/30/2021 | (6,141 | ) | (0.85 | )% | ||||||||||||||
1 | Ultra Long-Term T Bond | Deutsche Bank | 271,057 | 3/22/2022 | 9,596 | 1.33 | % | |||||||||||||||
$ | 3,209 |
Percentage of | ||||||||||||||||||||||
Unrealized | Total Return | |||||||||||||||||||||
Number of | Notional Value at | Appreciation / | Swap Unrealized | |||||||||||||||||||
Contracts | Open Short Future Contracts | Counterparty | November 30, 2021 | Expiration | (Depreciation) | Gain/(Loss) | ||||||||||||||||
(14 | ) | 2 year Euro-Schatz | Deutsche Bank | 1,790,878 | 12/8/2021 | $ | (6,684 | ) | (0.93 | )% | ||||||||||||
(2 | ) | 2 year Euro-Schatz | Deutsche Bank | 292,532 | 3/8/2022 | 89 | 0.01 | % | ||||||||||||||
(2 | ) | 2 year US Treasury Notes | Deutsche Bank | 395,902 | 3/31/2022 | (326 | ) | (0.05 | )% | |||||||||||||
(2 | ) | 3 Month SONIA Index Futures | Deutsche Bank | 747,591 | 12/19/2023 | (192 | ) | (0.03 | )% | |||||||||||||
(2 | ) | 3 month Sterling | Deutsche Bank | 353,523 | 9/20/2023 | (352 | ) | (0.05 | )% | |||||||||||||
(2 | ) | 3 month Sterling | Deutsche Bank | 353,881 | 9/18/2024 | (728 | ) | (0.10 | )% | |||||||||||||
(16 | ) | 3 year Australian Treasury Bond | Deutsche Bank | 1,301,084 | 12/15/2021 | 14,274 | 1.98 | % | ||||||||||||||
(7 | ) | 5 year US Treasury Notes | Deutsche Bank | 864,788 | 3/31/2022 | (1,619 | ) | (0.22 | )% | |||||||||||||
(5 | ) | 10 year US Treasury Notes | Deutsche Bank | 668,884 | 3/22/2022 | (1,048 | ) | (0.15 | )% | |||||||||||||
(4 | ) | AUD/USD | Deutsche Bank | 252,998 | 12/13/2021 | 2,992 | 0.42 | % | ||||||||||||||
(4 | ) | CAD/USD | Deutsche Bank | 329,763 | 12/14/2021 | 2,110 | 0.29 | % | ||||||||||||||
(6 | ) | EUR/USD | Deutsche Bank | 913,722 | 12/13/2021 | 5,567 | 0.77 | % | ||||||||||||||
(1 | ) | Eurodollar | Deutsche Bank | 299,679 | 9/19/2022 | (349 | ) | (0.05 | )% | |||||||||||||
(3 | ) | Eurodollar | Deutsche Bank | 648,097 | 9/18/2023 | (1,408 | ) | (0.20 | )% | |||||||||||||
(1 | ) | Eurodollar | Deutsche Bank | 300,216 | 3/18/2024 | (283 | ) | (0.04 | )% | |||||||||||||
(3 | ) | Eurodollar | Deutsche Bank | 796,730 | 6/17/2024 | 2,827 | 0.39 | % | ||||||||||||||
(1 | ) | Eurodollar | Deutsche Bank | 317,627 | 9/16/2024 | (622 | ) | (0.09 | )% | |||||||||||||
(5 | ) | GBP/USD | Deutsche Bank | 391,756 | 12/13/2021 | 5,574 | 0.77 | % | ||||||||||||||
(2 | ) | Hang Seng Index | Deutsche Bank | 254,535 | 12/30/2021 | 3,412 | 0.47 | % | ||||||||||||||
(6 | ) | JPY/USD | Deutsche Bank | 670,005 | 12/13/2021 | (30 | ) | (0.00 | )% | |||||||||||||
(2 | ) | Long Gilt Future | Deutsche Bank | 330,194 | 3/29/2022 | (244 | ) | (0.03 | )% | |||||||||||||
$ | 22,960 | |||||||||||||||||||||
TOTAL FUTURES CONTRACTS | $ | 26,169 |
PURCHASED CALL OPTIONS | ||||||||||||||||||||||
Percentage of | ||||||||||||||||||||||
Total Return | ||||||||||||||||||||||
Notional Value at | Unrealized | Swap Unrealized | ||||||||||||||||||||
Description | Counterparty | November 30, 2021 | Expiration | Strike Price | Appreciation | Gain | ||||||||||||||||
JPY/CAD | Deutsche Bank | $ | 979,389 | 12/1/2021 | $ | 95.00 | $ | — | 0.00 | % | ||||||||||||
JPY/USD | Deutsche Bank | 391,756 | 12/9/2021 | 112.00 | 6,050 | 0.84 | % | |||||||||||||||
JPY/USD | Deutsche Bank | 489,695 | 12/13/2021 | 116.75 | 111 | 0.02 | % | |||||||||||||||
USD/EUR | Deutsche Bank | 391,756 | 12/6/2021 | 1.22 | — | 0.00 | % | |||||||||||||||
USD/EUR | Deutsche Bank | 734,542 | 1/3/2022 | 1.21 | 32 | 0.00 | % | |||||||||||||||
USD/EUR | Deutsche Bank | 391,756 | 1/6/2022 | 1.19 | 88 | 0.01 | % | |||||||||||||||
USD/EUR | Deutsche Bank | 293,817 | 1/19/2022 | 1.24 | 10 | 0.00 | % | |||||||||||||||
TOTAL PURCHASED PUT OPTIONS | 6,291 |
WRITTEN CALL OPTIONS | ||||||||||||||||||||||
Percentage of | ||||||||||||||||||||||
Total Return | ||||||||||||||||||||||
Notional Value at | Unrealized | Swap Unrealized | ||||||||||||||||||||
Description | Counterparty | November 30, 2021 | Expiration | Strike Price | Depreciation | Gain | ||||||||||||||||
JPY/USD | Deutsche Bank | 783,511 | 12/9/2021 | $ | 114.00 | $ | (2,877 | ) | (0.40 | )% | ||||||||||||
JPY/USD | Deutsche Bank | 391,756 | 12/9/2021 | 114.00 | (1,547 | ) | (0.21 | )% | ||||||||||||||
USD/GBP | Deutsche Bank | 246,806 | 1/3/2022 | 1.41 | (9 | ) | 0.00 | % | ||||||||||||||
(4,433 | ) |
FORWARD CURRENCY CONTRACTS + |
Unrealized | Percentage of | |||||||||||||||||||||||
Settlement | Units to | US Dollar | Appreciation / | Total Return Swap | ||||||||||||||||||||
Date | Receive/Deliver | Counterparty | In Exchange For | Value | (Depreciation) | Unrealized Gain | ||||||||||||||||||
To Buy: | ||||||||||||||||||||||||
12/7/2021 | (298,707 | ) | CHF | Deutsche Bank | $ | 325,149 | USD | $ | 326,298 | $ | 1,150 | 0.16 | % | |||||||||||
12/7/2021 | (325,957 | ) | USD | Deutsche Bank | 435,582 | AUD | 418,849 | (16,733 | ) | (2.33 | )% | |||||||||||||
To Sell: | ||||||||||||||||||||||||
12/2/2021 | 594,387 | CHF | Deutsche Bank | (645,427 | ) | USD | 644,627 | (800 | ) | (0.11 | )% | |||||||||||||
12/2/2021 | 92,159,823 | JPY | Deutsche Bank | (815,588 | ) | USD | 811,785 | (3,804 | ) | (0.53 | )% | |||||||||||||
12/7/2021 | 24,692,364 | JPY | Deutsche Bank | (217,808 | ) | USD | 217,529 | (279 | ) | (0.04 | )% | |||||||||||||
12/7/2021 | 4,868,426 | MXN | Deutsche Bank | (239,450 | ) | USD | 226,384 | (13,066 | ) | (1.82 | )% | |||||||||||||
TOTAL FORWARD CURRENCY CONTRACTS | (33,532 | ) |
+ | Foreign currency transactions are done by notional and not by contracts |
Currency Abbreviations:
AUD | - Australian Dollar |
CHF | - Swiss Franc |
EUR | - Euro |
MXN | - Mexican Peso |
USD | - U.S. Dollar |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
November 30, 2021 |
Goldman Sachs i-Select III Series 88 Excess Return Strategy Top 50 Holdings
| |||||||||||||
FUTURES CONTRACTS * | |||||||||||||
Number of | Notional Value at | ||||||||||||
Contracts | Open Long Future Contracts | Counterparty | November 30, 2021 | Expiration | |||||||||
1 | CBOT 2 Year US Treasury Note Future | Goldman Sachs | $ | 173,145 | 3/31/2022 | ||||||||
1 | CBOT 5 Year US Treasury Note Future | Goldman Sachs | 145,790 | 3/31/2022 | |||||||||
1 | CBOT Corn Future | Goldman Sachs | 39,612 | 5/13/2022 | |||||||||
1 | CBOT Soybean Future | Goldman Sachs | 67,708 | 5/13/2022 | |||||||||
0 | CBOT US Long Bond Future | Goldman Sachs | 46,813 | 3/22/2022 | |||||||||
1 | CBOT Wheat Future | Goldman Sachs | 59,502 | 5/13/2022 | |||||||||
2 | CME E-Mini NASDAQ 100 Index Future | Goldman Sachs | 37,034 | 12/17/2021 | |||||||||
8 | CME E-Mini Standard & Poor’s 500 Index Future | Goldman Sachs | 35,960 | 12/17/2021 | |||||||||
1 | Eurex 2 Year Euro SCHATZ Future | Goldman Sachs | 76,792 | 12/8/2021 | |||||||||
1 | Eurex 5 Year Euro BOBL Future | Goldman Sachs | 137,074 | 12/8/2021 | |||||||||
0 | Eurex 5 Year Euro BOBL Future | Goldman Sachs | 35,031 | 3/8/2022 | |||||||||
3 | Eurex Swiss Market New Index Future | Goldman Sachs | 34,702 | 12/17/2021 | |||||||||
41 | Euronext Amsterdam Index Future | Goldman Sachs | 35,999 | 12/17/2021 | |||||||||
1 | Euro-Schatz Future | Goldman Sachs | 153,524 | 3/8/2022 | |||||||||
0 | LME Copper Future | Goldman Sachs | 32,288 | 2/14/2022 | |||||||||
0 | LME Nickel Future | Goldman Sachs | 29,785 | 1/17/2022 | |||||||||
0 | LME Nickel Future | Goldman Sachs | 36,325 | 2/14/2022 | |||||||||
37 | Montreal Exchange S&P/TSX 60 Index Future | Goldman Sachs | 35,722 | 12/17/2021 | |||||||||
2 | NYBOT CSC Number 11 World Sugar Future | Goldman Sachs | 31,189 | 4/29/2022 | |||||||||
1 | NYBOT CTN Number 2 Cotton Future | Goldman Sachs | 29,259 | 5/6/2022 | |||||||||
0 | TSE Japanese 10 Year Bond Future | Goldman Sachs | 85,475 | 12/9/2021 |
Number of | Notional Value at | ||||||||||||
Contracts | Open Short Future Contracts | Counterparty | November 30, 2021 | Expiration | |||||||||
1 | 3 Month Euro Euribor Future | Goldman Sachs | 233,371 | 3/14/2022 | |||||||||
1 | 3 Month Euro Euribor Future | Goldman Sachs | 233,327 | 6/13/2022 | |||||||||
1 | 3 Month Euro Euribor Future | Goldman Sachs | 233,302 | 9/19/2022 | |||||||||
1 | 3 Month Euro Euribor Future | Goldman Sachs | 233,233 | 12/19/2022 | |||||||||
1 | 3 Month Euro Euribor Future | Goldman Sachs | 233,171 | 3/13/2023 | |||||||||
2 | 90 Day Sterling Future | Goldman Sachs | 295,235 | 3/16/2022 | |||||||||
2 | 90 Day Sterling Future | Goldman Sachs | 294,941 | 6/15/2022 | |||||||||
2 | 90 Day Sterling Future | Goldman Sachs | 294,784 | 9/21/2022 | |||||||||
2 | 90 Day Sterling Future | Goldman Sachs | 294,661 | 12/21/2022 | |||||||||
2 | 90 Day Sterling Future | Goldman Sachs | 294,541 | 3/15/2023 | |||||||||
1 | CBOT 5 Year US Treasury Note Future | Goldman Sachs | 64,377 | 3/31/2022 | |||||||||
1 | CBOT Corn Future | Goldman Sachs | 38,286 | 3/14/2022 | |||||||||
0 | CBOT Soybean Future | Goldman Sachs | 29,051 | 1/14/2022 | |||||||||
1 | CBOT Soybean Future | Goldman Sachs | 35,776 | 3/14/2022 | |||||||||
0 | CBOT US Long Bond Future | Goldman Sachs | 32,007 | 3/22/2022 | |||||||||
1 | CBOT Wheat Future | Goldman Sachs | 54,475 | 3/14/2022 | |||||||||
0 | Eurex 10 Year Euro BUND Future | Goldman Sachs | 69,335 | 12/8/2021 | |||||||||
0 | LME Copper Future | Goldman Sachs | 32,686 | 5/16/2022 | |||||||||
0 | LME Nickel Future | Goldman Sachs | 30,228 | 4/14/2022 | |||||||||
0 | LME Nickel Future | Goldman Sachs | 36,846 | 5/16/2022 | |||||||||
0 | Montreal Exchange 10 Year Canadian Bond Future | Goldman Sachs | 44,581 | 3/22/2022 | |||||||||
1 | SFE 10 Year Australian Bond Future | Goldman Sachs | 73,335 | 12/15/2021 |
EQUITY FORWARDS |
Number of | Notional Value at | |||||||||||||||
Contracts | Open Short Equity Forwards | Counterparty | November 30, 2021 | Expiration | Value | |||||||||||
301 | Apple, Inc. | Goldman Sachs | 49,799 | 1/21/2022 | (153 | ) | ||||||||||
125 | Microsoft Corporation | Goldman Sachs | 41,632 | 1/21/2022 | (137 | ) | ||||||||||
10 | S&P 500 Index | Goldman Sachs | 44,416 | 12/3/2021 | (151 | ) | ||||||||||
(441 | ) |
Written Put Options |
Number of | Notional Value at | |||||||||||||||
Contracts | Open Put Options | Counterparty | November 30, 2021 | Expiration | Value | |||||||||||
(32) | S&P 500 Index | Goldman Sachs | 147,803 | 12/3/2021 | (206 | ) | ||||||||||
(78) | S&P 500 Index | Goldman Sachs | 357,851 | 12/3/2021 | (306 | ) | ||||||||||
(79) | S&P 500 Index | Goldman Sachs | 362,408 | 12/3/2021 | (238 | ) | ||||||||||
(750 | ) |
CREDIT DEFAULT SWAP |
Number of | Notional Value at | |||||||||||||||
Contracts | Open Credit Default Swap | Counterparty | November 30, 2021 | Expiration | Value | |||||||||||
83,419 | Markit CDX North America Investment Grade Index | Goldman Sachs | 83,419 | 12/20/2026 | $ | (1,879 | ) |
* | The GS i-Select invests in 15 Portfolio Constituents which do not trade individual futures, therefore the Futures do not have any individual unrealized gains/losses. |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
November 30, 2021 |
Goldman Sachs Intraday Momentum ES Series 1 Excess Return Strategy Top 50 Holdings
|
NO OPEN POSITIONS |
Goldman Sachs Long Gamma US Series 10 Total Return Strategy Top 50 Holdings
|
EQUITY FORWARDS |
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Short Equity Forwards | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
5 | S&P 500 Index | Goldman Sachs | $ | 21,601 | 3/18/2022 | $ | 4,660 | (478 | ) | |||||||||||
4 | S&P 500 Index | Goldman Sachs | 16,266 | 4/14/2022 | 4,660 | (367 | ) | |||||||||||||
4 | S&P 500 Index | Goldman Sachs | 17,408 | 5/20/2022 | 4,660 | (407 | ) | |||||||||||||
6 | S&P 500 Index | Goldman Sachs | 28,191 | 6/17/2022 | 4,650 | (617 | ) | |||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,814 | 8/19/2022 | 4,650 | (291 | ) | |||||||||||||
5 | S&P 500 Index | Goldman Sachs | 22,443 | 9/16/2022 | 4,650 | (521 | ) | |||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,423 | 10/21/2022 | 4,650 | (315 | ) | |||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,187 | 11/18/2022 | 4,650 | (291 | ) | |||||||||||||
6 | S&P 500 Index | Goldman Sachs | 29,326 | 12/16/2022 | 4,650 | (715 | ) | |||||||||||||
(4,002 | ) |
PURCHASED PUT OPTIONS | ||||||||||||||||||||
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Put Options | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | $ | 15,804 | 12/17/2021 | $ | 2,825 | $ | 3 | |||||||||||
6 | S&P 500 Index | Goldman Sachs | 26,792 | 12/17/2021 | 2,800 | 5 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,296 | 12/17/2021 | 2,700 | 2 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,007 | 12/17/2021 | 2,675 | 2 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 18,665 | 12/17/2021 | 2,575 | 2 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 20,031 | 12/17/2021 | 2,550 | 2 | ||||||||||||||
6 | S&P 500 Index | Goldman Sachs | 28,240 | 12/17/2021 | 2,525 | 3 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 19,882 | 12/17/2021 | 2,500 | 2 | ||||||||||||||
5 | S&P 500 Index | Goldman Sachs | 20,829 | 12/17/2021 | 2,450 | 2 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 14,315 | 12/17/2021 | 2,425 | 1 | ||||||||||||||
5 | S&P 500 Index | Goldman Sachs | 21,558 | 12/17/2021 | 2,250 | 1 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 17,993 | 12/17/2021 | 2,200 | 1 | ||||||||||||||
5 | S&P 500 Index | Goldman Sachs | 22,703 | 12/17/2021 | 2,175 | 1 | ||||||||||||||
5 | S&P 500 Index | Goldman Sachs | 23,767 | 12/17/2021 | 2,150 | 1 | ||||||||||||||
6 | S&P 500 Index | Goldman Sachs | 29,473 | 12/17/2021 | 2,125 | 1 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 15,232 | 12/17/2021 | 2,100 | 1 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,036 | 12/17/2021 | 2,075 | 1 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 14,035 | 12/17/2021 | 1,800 | — | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,591 | 12/17/2021 | 1,775 | — | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,830 | 3/18/2022 | 2,925 | 55 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,639 | 3/18/2022 | 2,875 | 51 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,055 | 3/18/2022 | 2,775 | 40 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 17,187 | 3/18/2022 | 2,600 | 45 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,778 | 3/18/2022 | 2,550 | 31 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 16,376 | 3/18/2022 | 2,500 | 38 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,961 | 3/18/2022 | 2,250 | 21 | ||||||||||||||
6 | S&P 500 Index | Goldman Sachs | 27,429 | 3/18/2022 | 2,150 | 39 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 20,380 | 3/18/2022 | 2,100 | 26 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 19,629 | 3/18/2022 | 2,050 | 24 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 17,983 | 4/14/2022 | 2,500 | 54 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,341 | 6/17/2022 | 2,550 | 63 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 15,020 | 6/17/2022 | 2,500 | 72 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,064 | 6/17/2022 | 2,050 | 34 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 17,622 | 7/15/2022 | 2,600 | 112 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,757 | 8/19/2022 | 2,650 | 102 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,038 | 8/19/2022 | 2,600 | 91 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 13,829 | 9/16/2022 | 2,600 | 117 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 16,420 | 9/16/2022 | 2,550 | 130 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 16,274 | 9/16/2022 | 2,500 | 121 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,270 | 10/21/2022 | 2,500 | 102 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,386 | 11/18/2022 | 2,750 | 153 | ||||||||||||||
1,552 |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
November 30, 2021 |
Goldman Sachs Calls-vs-Calls US Series 2 Total Return Strategy Top 50 Holdings
| ||||||||||||||||||||
PURCHASED CALL OPTIONS | ||||||||||||||||||||
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Call Options Purchased | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | $ | 4,206 | 1/21/2022 | $ | 4,360 | $ | 268 | |||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,350 | 1/21/2022 | 4,370 | 393 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,745 | 1/21/2022 | 4,555 | 121 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,768 | 1/21/2022 | 4,605 | 146 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,201 | 1/21/2022 | 4,665 | 111 | ||||||||||||||
2 | S&P 500 Index | Goldman Sachs | 8,624 | 1/21/2022 | 4,690 | 130 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,802 | 1/21/2022 | 4,700 | 96 | ||||||||||||||
2 | S&P 500 Index | Goldman Sachs | 8,138 | 1/21/2022 | 4,705 | 110 | ||||||||||||||
2 | S&P 500 Index | Goldman Sachs | 8,318 | 1/21/2022 | 4,710 | 109 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,146 | 2/18/2022 | 4,610 | 100 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,364 | 2/18/2022 | 4,665 | 84 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,125 | 2/18/2022 | 4,690 | 134 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,313 | 2/18/2022 | 4,700 | 69 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 4,722 | 2/18/2022 | 4,705 | 96 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 4,433 | 2/18/2022 | 4,710 | 87 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,981 | 12/17/2021 | 4,350 | 327 | ||||||||||||||
2 | S&P 500 Index | Goldman Sachs | 8,165 | 12/17/2021 | 4,360 | 431 | ||||||||||||||
2 | S&P 500 Index | Goldman Sachs | 11,008 | 12/17/2021 | 4,365 | 571 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,315 | 12/17/2021 | 4,400 | 242 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 4,732 | 12/17/2021 | 4,435 | 186 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 4,513 | 12/17/2021 | 4,450 | 166 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,271 | 12/17/2021 | 4,470 | 176 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,209 | 12/17/2021 | 4,485 | 161 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,375 | 12/17/2021 | 4,515 | 88 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,375 | 12/17/2021 | 4,525 | 83 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,662 | 12/17/2021 | 4,535 | 85 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,663 | 12/17/2021 | 4,540 | 149 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 3,945 | 12/17/2021 | 4,545 | 86 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,121 | 12/17/2021 | 4,550 | 107 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 4,520 | 12/17/2021 | 4,565 | 85 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 4,778 | 12/17/2021 | 4,570 | 87 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 14,871 | 12/17/2021 | 4,595 | 220 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,653 | 12/17/2021 | 4,605 | 77 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 5,968 | 12/17/2021 | 4,610 | 77 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,240 | 12/17/2021 | 4,625 | 70 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 16,035 | 12/17/2021 | 4,645 | 144 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 15,216 | 12/17/2021 | 4,655 | 121 | ||||||||||||||
1 | S&P 500 Index | Goldman Sachs | 6,732 | 12/17/2021 | 4,675 | 41 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 17,107 | 12/17/2021 | 4,680 | 98 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 18,968 | 12/17/2021 | 4,685 | 101 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 20,011 | 12/17/2021 | 4,690 | 99 | ||||||||||||||
4 | S&P 500 Index | Goldman Sachs | 19,050 | 12/17/2021 | 4,695 | 87 | ||||||||||||||
6 | S&P 500 Index | Goldman Sachs | 26,260 | 12/17/2021 | 4,700 | 111 | ||||||||||||||
3 | S&P 500 Index | Goldman Sachs | 12,572 | 12/17/2021 | 4,705 | 49 | ||||||||||||||
6,379 |
WRITTEN CALL OPTIONS | ||||||||||||||||||||
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Call Options Written | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
9 | Accenture PLC | Goldman Sachs | $ | 3,261 | 12/17/2021 | $ | 370 | $ | 47 | |||||||||||
108 | Cisco Systems, Inc. | Goldman Sachs | 5,946 | 12/17/2021 | 58 | 33 | ||||||||||||||
9 | Deere & Company | Goldman Sachs | 3,281 | 12/17/2021 | 360 | 45 | ||||||||||||||
32 | Medtronic PLC | Goldman Sachs | 3,448 | 12/17/2021 | 120 | 2 | ||||||||||||||
64 | Pfizer, Inc. | Goldman Sachs | 3,418 | 12/17/2021 | 50 | 267 | ||||||||||||||
25 | Walmart, Inc. | Goldman Sachs | 3,550 | 12/17/2021 | 150 | 8 | ||||||||||||||
402 |
EASTERLY GLOBAL MACRO FUND |
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
November 30, 2021 |
Goldman Sachs Systematic Skew US Series 1D Total Return Strategy Top 50 Holdings
| ||||||||||||||||||||
EQUITY FORWARDS | ||||||||||||||||||||
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Short Equity Forwards | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
58 | S&P 500 Index | Goldman Sachs | $ | 263,966 | 12/17/2021 | $ | 4,655 | $ | 5,217 | |||||||||||
44 | S&P 500 Index | Goldman Sachs | 200,969 | 1/21/2022 | 4,655 | 3,907 | ||||||||||||||
28 | S&P 500 Index | Goldman Sachs | 129,501 | 2/18/2022 | 4,655 | 2,627 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 39,944 | 3/18/2022 | 4,660 | 884 | ||||||||||||||
12,635 |
PURCHASED PUT OPTIONS | ||||||||||||||||||||
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Put Options | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
17 | S&P 500 Index | Goldman Sachs | $ | 76,625 | 2/18/2022 | $ | 2,700 | $ | 152 | |||||||||||
16 | S&P 500 Index | Goldman Sachs | 74,288 | 2/18/2022 | 2,650 | 138 | ||||||||||||||
16 | S&P 500 Index | Goldman Sachs | 73,615 | 12/17/2021 | 2,500 | 7 | ||||||||||||||
16 | S&P 500 Index | Goldman Sachs | 72,721 | 12/17/2021 | 2,525 | 8 | ||||||||||||||
15 | S&P 500 Index | Goldman Sachs | 68,486 | 12/17/2021 | 2,575 | 8 | ||||||||||||||
14 | S&P 500 Index | Goldman Sachs | 66,008 | 12/17/2021 | 2,550 | 7 | ||||||||||||||
14 | S&P 500 Index | Goldman Sachs | 63,092 | 12/17/2021 | 3,200 | 29 | ||||||||||||||
14 | S&P 500 Index | Goldman Sachs | 62,777 | 1/21/2022 | 2,500 | 47 | ||||||||||||||
14 | S&P 500 Index | Goldman Sachs | 62,726 | 12/17/2021 | 3,400 | 44 | ||||||||||||||
13 | S&P 500 Index | Goldman Sachs | 61,145 | 1/21/2022 | 2,825 | 76 | ||||||||||||||
13 | S&P 500 Index | Goldman Sachs | 59,998 | 12/17/2021 | 2,700 | 10 | ||||||||||||||
13 | S&P 500 Index | Goldman Sachs | 59,059 | 3/18/2022 | 2,450 | 127 | ||||||||||||||
12 | S&P 500 Index | Goldman Sachs | 54,959 | 2/18/2022 | 2,550 | 88 | ||||||||||||||
11 | S&P 500 Index | Goldman Sachs | 52,251 | 12/17/2021 | 2,800 | 10 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 47,864 | 1/21/2022 | 3,025 | 80 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 47,727 | 1/21/2022 | 3,000 | 76 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 47,675 | 12/17/2021 | 2,825 | 10 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 46,291 | 12/17/2021 | 3,225 | 23 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 45,122 | 12/17/2021 | 2,650 | 6 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 45,011 | 1/21/2022 | 2,800 | 54 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 44,366 | 2/18/2022 | 2,300 | 50 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 44,333 | 1/21/2022 | 2,950 | 66 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 44,265 | 2/18/2022 | 2,250 | 46 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 42,405 | 12/17/2021 | 3,100 | 16 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 41,996 | 1/21/2022 | 2,925 | 61 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 41,281 | 2/18/2022 | 2,600 | 71 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 40,719 | 1/21/2022 | 2,300 | 21 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 38,972 | 12/17/2021 | 3,075 | 14 | ||||||||||||||
8 | S&P 500 Index | Goldman Sachs | 38,808 | 12/17/2021 | 3,125 | 15 | ||||||||||||||
8 | S&P 500 Index | Goldman Sachs | 38,147 | 12/17/2021 | 3,000 | 12 | ||||||||||||||
8 | S&P 500 Index | Goldman Sachs | 37,260 | 1/21/2022 | 2,850 | 48 | ||||||||||||||
1,420 |
WRITTEN PUT OPTIONS | ||||||||||||||||||||
Number of | Notional Value at | Exercise | ||||||||||||||||||
Contracts | Open Put Options | Counterparty | November 30, 2021 | Expiration | Price | Value | ||||||||||||||
8 | S&P 500 Index | Goldman Sachs | $ | 38,089 | 12/17/2021 | $ | 3,890 | $ | 72 | |||||||||||
8 | S&P 500 Index | Goldman Sachs | 38,147 | 12/17/2021 | 4,075 | 117 | ||||||||||||||
8 | S&P 500 Index | Goldman Sachs | 38,454 | 12/17/2021 | 4,185 | 167 | ||||||||||||||
8 | S&P 500 Index | Goldman Sachs | 38,808 | 12/17/2021 | 4,160 | 155 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 38,972 | 12/17/2021 | 4,095 | 127 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 39,377 | 12/17/2021 | 3,950 | 85 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 39,872 | 12/17/2021 | 4,175 | 167 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 42,405 | 12/17/2021 | 4,140 | 158 | ||||||||||||||
9 | S&P 500 Index | Goldman Sachs | 42,491 | 1/21/2022 | 4,090 | 431 | ||||||||||||||
10 | S&P 500 Index | Goldman Sachs | 44,326 | 12/17/2021 | 3,945 | 95 | ||||||||||||||
11 | S&P 500 Index | Goldman Sachs | 51,632 | 1/21/2022 | 3,830 | 307 | ||||||||||||||
11 | S&P 500 Index | Goldman Sachs | 52,251 | 12/17/2021 | 3,935 | 109 | ||||||||||||||
12 | S&P 500 Index | Goldman Sachs | 54,413 | 12/17/2021 | 3,960 | 121 | ||||||||||||||
13 | S&P 500 Index | Goldman Sachs | 57,530 | 12/17/2021 | 3,940 | 122 | ||||||||||||||
13 | S&P 500 Index | Goldman Sachs | 58,285 | 12/17/2021 | 4,215 | 280 | ||||||||||||||
5,353 |
EASTERLY GLOBAL REAL ESTATE FUND |
SCHEDULE OF INVESTMENTS (Unaudited) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 100.1% | ||||||||
Australia - 2.2% | ||||||||
2,385,444 | NEXTDC Ltd.(a) | $ | 20,129,231 | |||||
Bermuda - 2.2% | ||||||||
3,726,747 | Hongkong Land Holdings Ltd. | 20,124,434 | ||||||
Canada - 0.3% | ||||||||
61,000 | Canadian Apartment Properties REIT | 2,703,820 | ||||||
Cayman Islands - 8.9% | ||||||||
6,439,563 | CK Asset Holdings Ltd. | 36,844,560 | ||||||
4,050,197 | ESR Cayman Ltd.(a) | 13,374,152 | ||||||
497,739 | GDS Holdings Ltd. - ADR(a) | 27,893,294 | ||||||
568,505 | Wharf Real Estate Investment Company Ltd. | 2,870,786 | ||||||
80,982,792 | ||||||||
France - 1.8% | ||||||||
164,954 | Accor S.A.(a) | 4,853,331 | ||||||
546,727 | Klepierre S.A. | 11,418,401 | ||||||
16,271,732 | ||||||||
Germany - 9.0% | ||||||||
864,650 | Deutsche Wohnen S.E. | 38,490,156 | ||||||
308,113 | Instone Real Estate Group A.G. | 6,395,607 | ||||||
306,406 | TAG Immobilien A.G. | 8,428,626 | ||||||
529,340 | Vonovia S.E | 29,156,077 | ||||||
82,470,466 | ||||||||
Guernsey - 0.7% | ||||||||
3,753,547 | Sirius Real Estate Ltd. | 6,765,162 | ||||||
Hong Kong - 5.3% | ||||||||
5,581,693 | Link REIT | 48,399,770 | ||||||
Italy - 1.2% | ||||||||
981,321 | COIMA RES SpA | 7,974,990 | ||||||
267,681 | Infrastrutture Wireless Italiane SpA | 3,046,902 | ||||||
11,021,892 |
EASTERLY GLOBAL REAL ESTATE FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 100.1% (Continued) | ||||||||
Japan - 10.1% | ||||||||
53,402 | Japan Hotel REIT Investment Corporation | $ | 27,494,288 | |||||
4,729,774 | Mitsubishi Estate Company Ltd. | 64,713,579 | ||||||
92,207,867 | ||||||||
Singapore - 1.6% | ||||||||
6,005,917 | Keppel DC REIT | 10,274,199 | ||||||
2,658,897 | Mapletree Commercial Trust | 3,945,086 | ||||||
14,219,285 | ||||||||
Spain - 1.5% | ||||||||
232,200 | Cellnex Telecom S.A. | 13,591,573 | ||||||
United Kingdom - 5.7% | ||||||||
16,120,566 | Assura PLC | 14,407,295 | ||||||
320,119 | Cushman & Wakefield PLC(a) | 5,659,704 | ||||||
5,065,725 | Empiric Student Property PLC | 5,494,935 | ||||||
2,744,410 | Grainger PLC | 10,847,659 | ||||||
723,989 | Great Portland Estates PLC | 6,878,052 | ||||||
639,025 | UNITE Group PLC | 8,970,145 | ||||||
52,257,790 | ||||||||
United States - 49.6% | ||||||||
979,675 | Acadia Realty Trust | 19,779,638 | ||||||
173,764 | American Homes 4 Rent | 6,966,199 | ||||||
30,597 | American Tower Corporation | 8,031,101 | ||||||
926,246 | Americold Realty Trust | 30,232,669 | ||||||
1,800,299 | CatchMark Timber Trust, Inc. | 13,844,299 | ||||||
21,000 | CBRE Group, Inc.(a) | 2,006,970 | ||||||
534,310 | CoreCivic, Inc.(a) | 5,754,519 | ||||||
235,897 | Corporate Office Properties Trust | 6,053,117 | ||||||
226,000 | CubeSmart | 12,185,920 | ||||||
4,053,369 | DigitalBridge Group, Inc.(a) | 32,264,817 | ||||||
680,978 | Easterly Government Properties, Inc. | 14,280,109 | ||||||
893,642 | Ellington Financial, Inc. | 14,807,648 | ||||||
15,901 | Equinix, Inc. | 12,914,792 | ||||||
943,652 | GEO Group, Inc. | 7,926,677 | ||||||
332,362 | InvenTrust Properties Corporation | 8,006,601 |
EASTERLY GLOBAL REAL ESTATE FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||||||
COMMON STOCKS — 100.1% (Continued) | ||||||||||||
United States - 49.6% (Continued) | ||||||||||||
356,935 | Kennedy-Wilson Holdings, Inc. | $ | 7,741,920 | |||||||||
272,873 | Kilroy Realty Corporation | 17,608,495 | ||||||||||
123,443 | Life Storage, Inc. | 16,311,757 | ||||||||||
297,151 | National Retail Properties, Inc. | 13,104,359 | ||||||||||
1,230,345 | Retail Opportunity Investments Corporation | 21,604,858 | ||||||||||
220,139 | Sun Communities, Inc. | 41,513,812 | ||||||||||
648,940 | Ventas, Inc. | 30,448,265 | ||||||||||
1,303,958 | VICI Properties, Inc. | 35,467,658 | ||||||||||
104,428 | Washington Real Estate Investment Trust | 2,631,586 | ||||||||||
150,041 | Welltower, Inc. | 11,946,264 | ||||||||||
691,141 | Weyerhaeuser Company | 25,993,813 | ||||||||||
434,265 | WP Carey, Inc. | 33,156,133 | ||||||||||
452,583,996 | ||||||||||||
TOTAL COMMON STOCKS (Cost $1,092,584,430) | 913,729,810 | |||||||||||
RIGHT — 0.2% | ||||||||||||
REAL ESTATE OWNERS & DEVELOPERS - 0.2% | Expiration Date | Exercise Price | ||||||||||
607,610 | Vonovia S.E. | 12/8/2021 | $40.00 | 2,127,009 | ||||||||
TOTAL RIGHT (Cost $2,377,939) | 2,127,009 | |||||||||||
TOTAL INVESTMENTS - 100.3% (Cost $1,094,962,369) | $ | 915,856,819 | ||||||||||
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.3)% | (2,306,398 | ) | ||||||||||
NET ASSETS - 100.0% | $ | 913,550,421 | ||||||||||
ADR - American Depositary Receipt
LTD - Limited Company
PLC - Public Limited Company
REIT - Real Estate Investment Trust
S.A. - Société Anonyme
(a) | Non-income producing security. |
EASTERLY GLOBAL REAL ESTATE FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Forward Currency Contracts | ||||||||||||||||||||||
Settlement | Units to | US Dollar | Unrealized | |||||||||||||||||||
Date | Receive/Deliver | Counterparty | In Exchange For | Value | Appreciation/(Depreciation) | |||||||||||||||||
To Buy: | ||||||||||||||||||||||
12/2/2021 | $ | 3,502,907 | CAD | Brown Brothers Harriman | $ | 2,740,182 | USD | $ | 2,730,672 | $ | (9,510 | ) | ||||||||||
12/1/2021 | 6,651,818 | EUR | Brown Brothers Harriman | 7,492,009 | USD | 7,487,287 | (4,722 | ) | ||||||||||||||
12/2/2021 | 2,304,740 | EUR | Brown Brothers Harriman | 2,610,395 | USD | 2,594,216 | (16,179 | ) | ||||||||||||||
12/1/2021 | 903,259 | GBP | Brown Brothers Harriman | 1,200,693 | USD | 1,195,012 | (5,681 | ) | ||||||||||||||
12/2/2021 | 2,047,544 | GBP | Brown Brothers Harriman | 2,721,431 | USD | 2,708,901 | (12,530 | ) | ||||||||||||||
12/1/2021 | 812,552,438 | JPY | Brown Brothers Harriman | 7,140,305 | USD | 7,156,215 | 15,910 | |||||||||||||||
12/2/2021 | 254,068,904 | JPY | Brown Brothers Harriman | 2,246,131 | USD | 2,237,605 | (8,526 | ) | ||||||||||||||
Total Unrealized: | $ | (41,238 | ) | |||||||||||||||||||
To Sell: | ||||||||||||||||||||||
12/2/2021 | $ | (106,116 | ) | SGD | Brown Brothers Harriman | $ | (77,335 | ) | USD | $ | (77,392 | ) | $ | (57 | ) | |||||||
Total Unrealized: | $ | (57 | ) |
Currency Abbreviations:
CAD - Canadian Dollar
EUR - Euro
GBP - British Pound
JPY - Japanes Yen
SGD - Singapore Dollar
USD - U.S. Dollar
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) |
November 30, 2021 |
Shares | Fair Value | |||||||
CLOSED END FUNDS — 20.5% | ||||||||
FIXED INCOME - 20.5% | ||||||||
6,500 | Apollo Tactical Income Fund, Inc. | $ | 100,945 | |||||
8,000 | BlackRock Core Bond Trust | 131,280 | ||||||
10,000 | BlackRock Corporate High Yield Fund, Inc. | 121,100 | ||||||
10,482 | BlackRock Credit Allocation Income Trust | 156,182 | ||||||
10,000 | BlackRock Limited Duration Income Trust | 170,800 | ||||||
8,000 | Blackstone / GSO Strategic Credit Fund | 109,600 | ||||||
2,000 | DoubleLine Income Solutions Fund | 33,080 | ||||||
4,000 | Eaton Vance Ltd. Duration Income Fund | 52,280 | ||||||
10,000 | First Trust High Income Long/Short Fund | 154,900 | ||||||
12,000 | Franklin Ltd. Duration Income Trust | 107,280 | ||||||
40,000 | Invesco Senior Income Trust | 178,800 | ||||||
7,000 | John Hancock Preferred Income Fund III | 131,810 | ||||||
1,939 | Neuberger Berman High Yield Strategies Fund | 24,179 | ||||||
12,500 | Nuveen Credit Strategies Income Fund | 81,375 | ||||||
7,000 | Nuveen Global High Income Fund | 108,990 | ||||||
7,000 | Nuveen Preferred & Income Term Fund | 174,650 | ||||||
25,000 | Nuveen Senior Income Fund | 148,500 | ||||||
10,000 | PGIM Global High Yield Fund, Inc. | 150,200 | ||||||
10,000 | PGIM High Yield Bond Fund, Inc. | 158,400 | ||||||
17,000 | PIMCO Income Strategy Fund II | 163,200 | ||||||
13,000 | Wells Fargo Income Opportunities Fund | 114,920 | ||||||
30,000 | Western Asset High Income Opportunity Fund, Inc. | 152,400 | ||||||
2,724,871 | ||||||||
TOTAL CLOSED END FUNDS (Cost $2,508,719) | 2,724,871 | |||||||
COMMON STOCKS — 75.2% | ||||||||
APPAREL & TEXTILE PRODUCTS - 1.0% | ||||||||
1,263 | Canada Goose Holdings, Inc.(a),(b) | 56,317 | ||||||
219 | Carter’s, Inc.(a) | 22,126 | ||||||
1,543 | Figs, Inc.(b) | 51,289 | ||||||
129,732 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
ASSET MANAGEMENT - 1.4% | ||||||||
668 | Hamilton Lane, Inc.(a) | $ | 70,654 | |||||
1,380 | Kennedy-Wilson Holdings, Inc. | 29,932 | ||||||
574 | LPL Financial Holdings, Inc.(a) | 90,468 | ||||||
191,054 | ||||||||
BANKING - 3.5% | ||||||||
800 | Atlantic Capital Bancshares, Inc.(b) | 22,352 | ||||||
4,900 | CIT Group, Inc.(a) | 240,394 | ||||||
1,112 | Eagle Bancorp Montana, Inc.(a) | 24,475 | ||||||
3,700 | People’s United Financial, Inc. | 63,048 | ||||||
3,300 | Sterling Bancorp(a) | 81,873 | ||||||
700 | TriState Capital Holdings, Inc.(b) | 20,937 | ||||||
453,079 | ||||||||
BEVERAGES - 0.3% | ||||||||
2,343 | Primo Water Corporation(a) | 38,941 | ||||||
BIOTECH & PHARMA - 0.7% | ||||||||
714 | AbCellera Biologics, Inc.(a),(b) | 10,681 | ||||||
1,400 | Dicerna Pharmaceuticals, Inc.(b) | 53,215 | ||||||
1,302 | TransMedics Group, Inc.(a),(b) | 28,696 | ||||||
92,592 | ||||||||
CHEMICALS - 0.2% | ||||||||
500 | Kraton Corporation(b) | 23,030 | ||||||
COMMERCIAL SUPPORT SERVICES - 0.9% | ||||||||
127 | Avalara, Inc.(a),(b) | 17,739 | ||||||
983 | Clean Harbors, Inc.(a),(b) | 99,716 | ||||||
117,455 | ||||||||
CONSTRUCTION MATERIALS - 0.0%(c) | ||||||||
100 | Forterra, Inc.(b) | 2,379 | ||||||
DATA CENTER REIT - 1.6% | ||||||||
1,000 | CyrusOne, Inc. | 89,020 | ||||||
92 | Equinix, Inc. | 74,722 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
DATA CENTER REIT - 1.6% (Continued) | ||||||||
23,021 | Keppel DC REIT | $ | 39,455 | |||||
203,197 | ||||||||
E-COMMERCE DISCRETIONARY - 0.9% | ||||||||
1,892 | Leslie’s, Inc.(a),(b) | 39,656 | ||||||
605 | MYT Netherlands Parent BV - ADR(b) | 16,347 | ||||||
877 | Revolve Group, Inc.(a),(b) | 66,801 | ||||||
122,804 | ||||||||
ELECTRIC UTILITIES - 0.5% | ||||||||
1,251 | Portland General Electric Company(a) | 60,886 | ||||||
ELECTRICAL EQUIPMENT - 0.2% | ||||||||
673 | BWX Technologies, Inc.(a) | 32,102 | ||||||
ENGINEERING & CONSTRUCTION - 0.4% | ||||||||
810 | Cellnex Telecom S.A. | 47,447 | ||||||
942 | Infrastrutture Wireless Italiane SpA | 10,746 | ||||||
58,193 | ||||||||
ENTERTAINMENT CONTENT - 0.5% | ||||||||
4,000 | Sciplay Corporation(a),(b) | 64,240 | ||||||
FOOD - 0.2% | ||||||||
588 | TreeHouse Foods, Inc.(b) | 21,580 | ||||||
GAMING REIT - 1.0% | ||||||||
4,728 | VICI Properties, Inc. | 128,602 | ||||||
HEALTH CARE FACILITIES & SERVICES - 4.0% | ||||||||
532 | Accolade, Inc.(a),(b) | 13,656 | ||||||
1,228 | Invitae Corporation(a),(b) | 20,876 | ||||||
3,400 | Magellan Health, Inc.(a),(b) | 322,286 | ||||||
2,057 | NeoGenomics, Inc.(a),(b) | 70,473 | ||||||
1,200 | PPD, Inc.(a),(b) | 56,520 | ||||||
861 | Progyny, Inc.(a),(b) | 43,713 | ||||||
527,524 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
HEALTH CARE REIT - 2.0% | ||||||||
56,801 | Assura PLC | $ | 50,837 | |||||
3,780 | Global Medical REIT, Inc.(a) | 61,765 | ||||||
2,264 | Ventas, Inc. | 106,227 | ||||||
524 | Welltower, Inc. | 41,721 | ||||||
260,550 | ||||||||
HOME & OFFICE PRODUCTS - 0.1% | ||||||||
1,500 | Casper Sleep, Inc.(b) | 9,810 | ||||||
HOTEL REITS - 0.7% | ||||||||
187 | Japan Hotel REIT Investment Corporation | 96,510 | ||||||
INDUSTRIAL REIT - 1.0% | ||||||||
4,247 | Americold Realty Trust(a) | 138,622 | ||||||
INDUSTRIAL SUPPORT SERVICES - 0.4% | ||||||||
696 | Ritchie Bros Auctioneers, Inc.(a) | 47,245 | ||||||
INFRASTRUCTURE REIT - 0.3% | ||||||||
128 | American Tower Corporation | 33,597 | ||||||
INSURANCE - 3.9% | ||||||||
1,900 | Athene Holding Ltd.(a),(b) | 155,648 | ||||||
1,600 | Willis Towers Watson PLC(a) | 361,344 | ||||||
516,992 | ||||||||
INTERNET MEDIA & SERVICES - 0.3% | ||||||||
182 | Fiverr International Ltd.(a),(b) | 25,775 | ||||||
615 | Marqeta, Inc.(b) | 12,091 | ||||||
391 | MediaAlpha, Inc.(a),(b) | 6,029 | ||||||
43,895 | ||||||||
LEISURE FACILITIES & SERVICES - 2.0% | ||||||||
900 | Cineplex, Inc.(b) | 8,223 | ||||||
1,620 | GAN Ltd.(a),(b) | 15,665 | ||||||
3,103 | Norwegian Cruise Line Holdings Ltd.(a),(b) | 60,540 | ||||||
989 | Red Rock Resorts, Inc.(a) | 47,017 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
LEISURE FACILITIES & SERVICES - 2.0% (Continued) | ||||||||
648 | Shake Shack, Inc.(a),(b) | $ | 47,298 | |||||
278 | Sportradar Group A.G.(b) | 4,479 | ||||||
111 | Sweetgreen, Inc.(b) | 4,238 | ||||||
460 | Wingstop, Inc.(a) | 73,875 | ||||||
261,335 | ||||||||
MACHINERY - 0.0%(c) | ||||||||
113 | Hydrofarm Holdings Group, Inc.(a),(b) | 3,729 | ||||||
MEDICAL EQUIPMENT & DEVICES - 1.2% | ||||||||
409 | Axonics, Inc.(a),(b) | 22,254 | ||||||
317 | CareDx, Inc.(a),(b) | 13,675 | ||||||
300 | Hill-Rom Holdings, Inc. | 46,650 | ||||||
137 | Inspire Medical Systems, Inc.(a),(b) | 30,588 | ||||||
1,079 | Silk Road Medical, Inc.(a),(b) | 43,786 | ||||||
156,953 | ||||||||
MORTGAGE FINANCE - 0.4% | ||||||||
3,261 | Ellington Financial, Inc. | 54,035 | ||||||
MULTI ASSET CLASS REIT - 1.9% | ||||||||
9,265 | DigitalBridge Group, Inc.(b) | 73,749 | ||||||
2,526 | Great Portland Estates plc | 23,945 | ||||||
9,673 | Mapletree Commercial Trust | 14,392 | ||||||
586 | Washington Real Estate Investment Trust | 14,767 | ||||||
1,585 | WP Carey, Inc. | 121,015 | ||||||
247,868 | ||||||||
OFFICE OWNERS & DEVELOPERS - 0.2% | ||||||||
2,502 | COIMA RES SpA | 20,390 | ||||||
OFFICE REIT - 1.9% | ||||||||
5,000 | Columbia Property Trust, Inc.(a) | 96,000 | ||||||
724 | Corporate Office Properties Trust | 18,578 | ||||||
3,083 | Easterly Government Properties, Inc. | 64,651 | ||||||
1,170 | Kilroy Realty Corporation | 75,500 | ||||||
254,729 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
REAL ESTATE OWNERS & DEVELOPERS - 5.4% | ||||||||
22,683 | CK Asset Holdings Ltd. | $ | 129,769 | |||||
1,700 | Deutsche Wohnen S.E. | 75,795 | ||||||
9,595 | Grainger PLC | 37,854 | ||||||
11,852 | Hongkong Land Holdings Ltd. | 64,001 | ||||||
1,076 | Instone Real Estate Group A.G. | 22,406 | ||||||
16,562 | Mitsubishi Estate Company Ltd. | 228,275 | ||||||
13,289 | Sirius Real Estate Ltd. | 23,981 | ||||||
1,072 | TAG Immobilien A.G. | 29,563 | ||||||
1,848 | Vonovia S.E. | 101,925 | ||||||
713,569 | ||||||||
REAL ESTATE SERVICES - 1.0% | ||||||||
725 | CBRE Group, Inc.(b) | 69,289 | ||||||
1,125 | Cushman & Wakefield PLC(b) | 19,890 | ||||||
14,184 | ESR Cayman Ltd.(b) | 46,941 | ||||||
136,120 | ||||||||
RESIDENTIAL REIT - 1.6% | ||||||||
609 | American Homes 4 Rent, Class A | 24,415 | ||||||
570 | Canadian Apartment Properties REIT | 25,265 | ||||||
769 | Sun Communities, Inc. | 145,018 | ||||||
2,254 | UNITE Group PLC | 31,639 | ||||||
226,337 | ||||||||
RETAIL - CONSUMER STAPLES - 1.7% | ||||||||
411 | Five Below, Inc.(a),(b) | 83,613 | ||||||
1,261 | Ollie’s Bargain Outlet Holdings, Inc.(a),(b) | 78,043 | ||||||
1,162 | OptimizeRx Corporation(a),(b) | 75,530 | ||||||
237,186 | ||||||||
RETAIL - DISCRETIONARY - 0.2% | ||||||||
499 | Designer Brands, Inc.(a),(b) | 6,826 | ||||||
565 | Driven Brands Holdings, Inc.(b) | 17,436 | ||||||
24,262 | ||||||||
RETAIL OWNERS & DEVELOPERS - 0.1% | ||||||||
15,626 | Empiric Student Property PLC | 16,869 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
RETAIL REIT - 2.6% | ||||||||
744 | Acadia Realty Trust | $ | 15,021 | |||||
1,160 | InvenTrust Properties Corporation | 27,944 | ||||||
1,332 | Klepierre S.A. | 28,014 | ||||||
17,706 | Link REIT | 153,534 | ||||||
1,076 | National Retail Properties, Inc. | 47,452 | ||||||
4,519 | Retail Opportunity Investments Corporation | 79,354 | ||||||
351,319 | ||||||||
SELF-STORAGE REIT - 0.7% | ||||||||
790 | CubeSmart | 42,597 | ||||||
432 | Life Storage, Inc. | 57,084 | ||||||
99,681 | ||||||||
SEMICONDUCTORS - 3.5% | ||||||||
200 | Coherent, Inc.(a),(b) | 51,786 | ||||||
1,800 | Xilinx, Inc.(a) | 411,210 | ||||||
462,996 | ||||||||
SOFTWARE - 11.1% | ||||||||
1,010 | 1Life Healthcare, Inc.(a),(b) | 16,089 | ||||||
140 | Alkami Technology, Inc.(b) | 4,017 | ||||||
380 | Alteryx, Inc.(a),(b) | 25,259 | ||||||
113 | AvidXchange Holdings, Inc.(b) | 2,414 | ||||||
342 | Bandwidth, Inc.(a),(b) | 24,508 | ||||||
463 | BigCommerce Holdings, Inc.(a),(b) | 20,960 | ||||||
481 | Black Knight, Inc.(a),(b) | 34,377 | ||||||
913 | Blackline, Inc.(a),(b) | 100,476 | ||||||
1 | Braze, Inc.(b) | 76 | ||||||
222 | C3.ai, Inc.(a),(b) | 8,205 | ||||||
4,467 | Cantaloupe, Inc.(a),(b) | 40,292 | ||||||
700 | Change Healthcare, Inc.(b) | 14,196 | ||||||
202 | CS Disco, Inc.(b) | 7,413 | ||||||
1,129 | Domo, Inc.(a),(b) | 81,682 | ||||||
1,105 | Duck Creek Technologies, Inc.(a),(b) | 31,592 | ||||||
1,139 | Dynatrace, Inc.(a),(b) | 71,586 | ||||||
1,511 | eGain Corporation(a),(b) | 15,866 | ||||||
221 | Expensify, Inc.(b) | 9,976 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
SOFTWARE - 11.1% (Continued) | ||||||||
475 | Guidewire Software, Inc.(a),(b) | $ | 55,262 | |||||
635 | Health Catalyst, Inc.(a),(b) | 27,553 | ||||||
1,972 | Jamf Holding Corporation(a),(b) | 63,558 | ||||||
598 | JFrog Ltd.(a),(b) | 19,112 | ||||||
1,324 | N-Able, Inc.(a),(b) | 15,623 | ||||||
518 | nCino, Inc.(a),(b) | 32,178 | ||||||
4,700 | Nuance Communications, Inc.(b) | 260,802 | ||||||
913 | Nutanix, Inc.(a),(b) | 30,330 | ||||||
747 | Oak Street Health, Inc.(a),(b) | 23,120 | ||||||
133 | ON24, Inc.(b) | 2,107 | ||||||
529 | Paycor HCM, Inc.(b) | 15,574 | ||||||
263 | Paylocity Holding Corporation(a),(b) | 66,365 | ||||||
49 | Paymentus Holdings, Inc.(b) | 1,448 | ||||||
935 | Phreesia, Inc.(a),(b) | 53,931 | ||||||
1,044 | Ping Identity Holding Corporation(a),(b) | 24,858 | ||||||
112 | Privia Health Group, Inc.(b) | 2,587 | ||||||
50 | Procore Technologies, Inc.(b) | 4,238 | ||||||
1,231 | PROS Holdings, Inc.(a),(b) | 44,710 | ||||||
719 | Riskified Ltd.(b) | 6,823 | ||||||
842 | Sailpoint Technologies Holdings, Inc.(a),(b) | 44,281 | ||||||
198 | Signify Health, Inc.(b) | 2,691 | ||||||
395 | Sprinklr, Inc.(b) | 5,700 | ||||||
445 | Sprout Social, Inc.(a),(b) | 49,698 | ||||||
1,446 | Tenable Holdings, Inc.(a),(b) | 71,432 | ||||||
425 | Vertex, Inc.(a),(b) | 7,769 | ||||||
5,644 | Zeta Global Holdings Corporation(a),(b) | 47,015 | ||||||
1,487,749 | ||||||||
SPECIALTY FINANCE - 0.2% | ||||||||
48 | Flywire Corporation(b) | 1,951 | ||||||
1,574 | International Money Express, Inc.(a),(b) | 23,783 | ||||||
25,734 | ||||||||
TECHNOLOGY HARDWARE - 0.2% | ||||||||
845 | Pure Storage, Inc.(a),(b) | 26,170 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — 75.2% (Continued) | ||||||||
TECHNOLOGY SERVICES - 4.7% | ||||||||
375 | Dlocal Ltd.(b) | $ | 12,450 | |||||
4,200 | IHS Markit Ltd.(a) | 536,844 | ||||||
300 | PAE, Inc.(b) | 2,976 | ||||||
939 | Paya Holdings, Inc.(a),(b) | 6,047 | ||||||
641 | Repay Holdings Corporation(a),(b) | 10,487 | ||||||
751 | Shift4 Payments, Inc.(a),(b) | 39,067 | ||||||
601 | Telos Corporation(a),(b) | 9,466 | ||||||
91 | WEX, Inc.(a),(b) | 11,504 | ||||||
628,841 | ||||||||
TELECOMMUNICATIONS - 2.5% | ||||||||
2,011 | GDS Holdings Ltd. - ADR(b) | 112,697 | ||||||
8,409 | NEXTDC Ltd.(b | 72,145 | ||||||
6,565 | Vonage Holdings Corporation(a),(b) | 135,370 | ||||||
320,212 | ||||||||
TIMBER REIT - 1.1% | ||||||||
6,320 | CatchMark Timber Trust, Inc. | 48,601 | ||||||
2,411 | Weyerhaeuser Company | 90,678 | ||||||
139,279 | ||||||||
TRANSPORTATION & LOGISTICS - 4.7% | ||||||||
3,360 | AFC Gamma, Inc.(a) | 72,677 | ||||||
1,019 | CryoPort, Inc.(a),(b) | 67,702 | ||||||
1,300 | Kansas City Southern(a) | 378,105 | ||||||
987 | Knight-Swift Transportation Holdings, Inc.(a) | 56,506 | ||||||
2,800 | Teekay LNG Partners, L.P.(a) | 47,404 | ||||||
622,394 | ||||||||
WHOLESALE - DISCRETIONARY - 0.3% | ||||||||
854 | IAA, Inc.(a),(b) | 41,248 | ||||||
TOTAL COMMON STOCKS (Cost $9,337,274) | 9,973,616 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||||||||
EXCHANGE-TRADED FUNDS — 3.9% | ||||||||||||||
EQUITY - 0.0%(c) | ||||||||||||||
1 | ProShares UltraPro Short S&P 500(b) | $ | 14 | |||||||||||
1 | ProShares UltraShort Russell2000(b) | 14 | ||||||||||||
28 | ||||||||||||||
FIXED INCOME - 3.9% | ||||||||||||||
7,000 | Invesco Senior Loan ETF | 152,600 | ||||||||||||
6,500 | iShares 0-5 Year High Yield Corporate Bond ETF | 291,980 | ||||||||||||
2,000 | iShares Preferred & Income Securities ETF | 76,820 | ||||||||||||
1 | ProShares UltraShort 20+ Year Treasury(b) | 16 | ||||||||||||
521,416 | ||||||||||||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $532,481) | 521,444 | |||||||||||||
OPEN END FUNDS — 5.3% | ||||||||||||||
FIXED INCOME - 5.3% | ||||||||||||||
62,911 | Easterly Structured Credit Value Fund, Class R6(d) | 701,455 | ||||||||||||
TOTAL OPEN END FUNDS (Cost $702,076) | 701,455 | |||||||||||||
RIGHT — 0.1% | ||||||||||||||
REAL ESTATE OWNERS & DEVELOPERS - 0.1% | Expiration Date | Exercise Price | ||||||||||||
2,121 | Vonovia S.E. | 12/8/2021 | $40.00 | 7,425 | ||||||||||
TOTAL RIGHT (Cost $8,322) | 7,425 | |||||||||||||
TOTAL INVESTMENTS - 105.0% (Cost $13,088,872) | $ | 13,928,811 | ||||||||||||
LIABILITIES IN EXCESS OF OTHER ASSETS - (5.0)% | (643,174 | ) | ||||||||||||
NET ASSETS - 100.0% | $ | 13,285,637 |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF SECURITIES SOLD SHORT (Unaudited) |
November 30, 2021 |
Shares | Fair Value | |||||||
COMMON STOCKS — (18.0)% | ||||||||
ASSET MANAGEMENT - (1.3)% | ||||||||
(2,185 | ) | Apollo Global Management, Inc. | $ | (154,654 | ) | |||
(200 | ) | Raymond James Financial, Inc. | (19,658 | ) | ||||
(174,312 | ) | |||||||
BANKING - (3.2)% | ||||||||
(301 | ) | First Citizens BancShares, Inc. | (241,998 | ) | ||||
(436 | ) | M&T Bank Corporation | (63,922 | ) | ||||
(1 | ) | Prosperity Bancshares, Inc. | (71 | ) | ||||
(288 | ) | SouthState Corporation | (22,504 | ) | ||||
(1,529 | ) | Webster Financial Corporation | (82,398 | ) | ||||
(410,893 | ) | |||||||
BIOTECH & PHARMA - (0.1)% | ||||||||
(1,597 | ) | Sinovac Biotech Ltd. (e) | (10,333 | ) | ||||
INSURANCE - (3.1)% | ||||||||
(1,395 | ) | Aon PLC | (412,599 | ) | ||||
LEISURE FACILITIES & SERVICES - (0.6)% | ||||||||
(1 | ) | Penn National Gaming, Inc. | (51 | ) | ||||
(1,000 | ) | Scientific Games Corporation | (63,920 | ) | ||||
(63,971 | ) | |||||||
SEMICONDUCTORS - (3.8)% | ||||||||
(3,096 | ) | Advanced Micro Devices, Inc. | (490,314 | ) | ||||
(182 | ) | II-VI, Inc. | (11,380 | ) | ||||
(501,694 | ) | |||||||
TECHNOLOGY SERVICES - (4.0)% | ||||||||
(1,190 | ) | S&P Global, Inc. | (542,319 | ) | ||||
TRANSPORTATION & LOGISTICS - (1.9)% | ||||||||
(3,746 | ) | Canadian Pacific Railway Ltd. | (262,332 | ) |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF SECURITIES SOLD SHORT (Unaudited) (Continued) |
November 30, 2021 |
Shares | Fair Value | |||||||
EXCHANGE-TRADED FUNDS — (12.7)% | ||||||||
EQUITY - (12.7)% | ||||||||
(1,602 | ) | iShares Russell 2000 ETF | $ | (349,508 | ) | |||
(4,570 | ) | iShares Russell 2000 Growth ETF | (1,334,851 | ) | ||||
(1,684,359 | ) | |||||||
TOTAL SECURITIES SOLD SHORT - (Proceeds - $2,944,300) | $ | (4,062,812 | ) |
ADR - American Depositary Receipt
ETF - Exchange-Traded Fund
L.P. - Limited Partnership
LTD - Limited Company
PLC - Public Limited Company
REIT - Real Estate Investment Trust
S.A. - Société Anonyme
(a) | All or a portion of security segregated as collateral for securities sold short. |
(b) | Non-income producing security. |
(c) | Percentage rounds to less than 0.1%. |
(d) | Affiliated investment. |
(e) | The value of this security has been determined in good faith under policies of the Board of Trustees. |
EASTERLY MULTI STRATEGY ALTERNATIVE INCOME FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
Forward Currency Contracts | ||||||||||||||||||||||
Settlement | Units to | US Dollar | Unrealized | |||||||||||||||||||
Date | Receive/Deliver | Counterparty | In Exchange For | Value | Appreciation/(Depreciation) | |||||||||||||||||
To Buy: | ||||||||||||||||||||||
12/2/2021 | $ | 32,732 | CAD | Brown Brothers Harriman | $ | 25,605 | USD | $ | 25,516 | $ | (89 | ) | ||||||||||
12/1/2021 | 23,280 | EUR | Brown Brothers Harriman | 26,221 | USD | 26,204 | (17 | ) | ||||||||||||||
12/2/2021 | 8,056 | EUR | Brown Brothers Harriman | 9,124 | USD | 9,068 | (56 | ) | ||||||||||||||
12/1/2021 | 3,130 | GBP | Brown Brothers Harriman | 4,161 | USD | 4,141 | (20 | ) | ||||||||||||||
12/2/2021 | 7,332 | GBP | Brown Brothers Harriman | 9,745 | USD | 9,700 | (45 | ) | ||||||||||||||
12/1/2021 | 2,829,218 | JPY | Brown Brothers Harriman | 24,862 | USD | 24,917 | 55 | |||||||||||||||
12/2/2021 | 914,356 | JPY | Brown Brothers Harriman | 8,083 | USD | 8,053 | (30 | ) | ||||||||||||||
Total Unrealized: | $ | (202 | ) | |||||||||||||||||||
To Sell: | ||||||||||||||||||||||
12/2/2021 | $ | (386 | ) | SGD | Brown Brothers Harriman | $ | (282 | ) | USD | $ | (282 | ) | $ | — | ||||||||
Total Unrealized: | $ | — |
Currency Abbreviations:
CAD - Canadian Dollar
EUR - Euro
GBP - British Pound
JPY - Japanes Yen
SGD - Singapore Dollar
USD - U.S. Dollar
EASTERLY HEDGED EQUITY FUND |
SCHEDULE OF INVESTMENTS (Unaudited) |
November 30, 2021 |
Shares | Fair Value | |||||||||||||||||||
EXCHANGE-TRADED FUNDS — 87.3% | ||||||||||||||||||||
EQUITY - 87.3% | ||||||||||||||||||||
104,000 | SPDR S&P 500 ETF Trust | $ | 47,378,240 | |||||||||||||||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $35,925,155) | 47,378,240 | |||||||||||||||||||
Contracts(a) | Counterparty | Expiration Date | Exercise Price | Notional Value | ||||||||||||||||
INDEX OPTIONS PURCHASED - 4.1% | ||||||||||||||||||||
PUT OPTIONS PURCHASED - 4.1% | ||||||||||||||||||||
235 | S&P 500 INDEX | PER | 12/17/2021 | $ | 4,600 | $ | 107,324,500 | 2,224,275 | ||||||||||||
TOTAL PUT OPTIONS PURCHASED (Cost - $1,052,310) | ||||||||||||||||||||
TOTAL INDEX OPTIONS PURCHASED (Cost - $1,052,310) | 2,224,275 | |||||||||||||||||||
TOTAL INVESTMENTS - 91.4% (Cost $36,977,465) | $ | 49,602,515 | ||||||||||||||||||
CALL OPTIONS WRITTEN - (0.2)% (Proceeds - $234,464) | (105,570 | ) | ||||||||||||||||||
PUT OPTIONS WRITTEN - (0.8)% (Proceeds - $412,105) | (437,025 | ) | ||||||||||||||||||
OTHER ASSETS IN EXCESS OF LIABILITIES- 9.6% | 5,194,660 | |||||||||||||||||||
NET ASSETS - 100.0% | $ | 54,254,580 | ||||||||||||||||||
Contracts(a) | Counterparty | Expiration Date | Exercise Price | Notional Value | ||||||||||||||||
WRITTEN INDEX OPTIONS - (0.8)% | ||||||||||||||||||||
PUT OPTIONS WRITTEN - (0.8)% | ||||||||||||||||||||
185 | S&P 500 INDEX | PER | 12/06/2021 | $ | 4,375 | $ | 84,489,500 | $ | 182,225 | |||||||||||
70 | S&P 500 INDEX | PER | 12/17/2021 | 4,360 | 31,969,000 | 254,800 | ||||||||||||||
TOTAL PUT OPTIONS WRITTEN (Proceeds - $412,105) | 437,025 | |||||||||||||||||||
TOTAL INDEX OPTIONS WRITTEN (Proceeds - $412,105) | 437,025 | |||||||||||||||||||
WRITTEN EQUITY OPTIONS - (0.2)% | ||||||||||||||||||||
CALL OPTIONS WRITTEN- (0.2)% | ||||||||||||||||||||
850 | SPDR S&P 500 ETF Trust | PER | 12/10/2021 | $ | 470 | $ | 38,722,600 | 94,350 | ||||||||||||
100 | SPDR S&P 500 ETF Trust | PER | 12/31/2021 | 480 | 4,555,600 | 9,750 | ||||||||||||||
30 | SPDR S&P 500 ETF Trust | PER | 12/31/2021 | 485 | 1,366,680 | 1,470 | ||||||||||||||
TOTAL CALL OPTIONS WRITTEN (Proceeds - $234,464) | 105,570 | |||||||||||||||||||
TOTAL EQUITY OPTIONS WRITTEN (Proceeds - $234,464) | $ | 105,570 |
ETF - Exchange-Traded Fund
SPDR - Standard & Poor’s Depositary Receipt
PER - Pershing
(a) | Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security. |
EASTERLY HEDGED EQUITY FUND |
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) |
November 30, 2021 |
TOTAL RETURN SWAPS - (1.0) % | ||||||||||||||||||||||||
Notional | Expiration | Pay/Receive | Variable | Unrealized | ||||||||||||||||||||
Amount | Reference Entity | Shares | Counterparty | Date | Fixed Rate | Rate (%) | Gain/(Loss) | |||||||||||||||||
$ | 21,966,860 | SPY SPDR SP 500 ETF Trust | 47,000 | Goldman Sachs | 11/9/2022 | Pay | 0.0800 | $ | (555,540 | ) |
* | Variable rate is Federal Funds Rate plus 0.55% |