ICON Energy Fund

Portfolio of Investments (Unaudited)

6/30/2020

Security Description	Shares		Value
Common Stock (98.26%)
Basic Materials (11.22%)
Cabot Corp		56,300		2,085,915
Carpenter Technology Corp		68,300		1,658,324
W R Grace & Co		51,200		2,601,472
Total Communications				6,345,711
Energy (77.00%)
Chevron Corp		100,673		8,983,052
Cimarex Energy Co		44,000		1,209,560
Diamondback Energy Inc		42,961		1,796,629
EOG Resources Inc		34,100		1,727,506
Exxon Mobil Corp		205,324		9,182,088
Marathon Petroleum Corp		68,000		2,541,840
ONEOK Inc		76,100		2,528,042
Phillips 66		55,200		3,968,880
Pioneer Natural Resources Co		26,100		2,549,970
Ultrapar Participacoes SA		787,300		2,668,947
Valero Energy Corp		43,900		2,582,198
Williams Cos Inc/The		200,200		3,807,804
Total Consumer, Cyclical				43,546,516
Industrial (10.04%)
Chart Industries Inc*		53,100		2,574,819
Teekay LNG Partners LP		266,200		3,103,892
Total Industrial				5,678,711
Total Common Stock (Cost $83,464,552)				55,570,938
Partnership Shares (1.70%)
Magellan Midstream Partnership LP (Cost $1,046,452)		22,300		962,691
Collateral for Securities on Loan (0.15%)
State Street Navigator Securities Lending Government Money Market Portfolio, 7-Day Yield 0.32% (Cost $86,984)		86,984		86,984
Total Investments (Cost $84,597,988) (100.11%)				56,620,613
Liabilities in Excess of Other Assets (-0.11%)				(65,808	)
Net Assets (100.00%)				56,554,805

* Non-income producing security.