NPORT-EX 2 ultimus_1140.htm
Crawford
Large
Cap
Dividend
Fund
Schedule
of
Investments
March
31,
2023
-
(Unaudited)
COMMON
STOCKS
—
96.12%
Shares
Fair
Value
Communications
—
5.49%
Comcast
Corp.,
Class
A
32,000‌
$
1,213,120‌
Omnicom
Group,
Inc.
19,850‌
1,872,649‌
3,085,769‌
Consumer
Discretionary
—
9.33%
Genuine
Parts
Co.
7,940‌
1,328,441‌
Hasbro,
Inc.
16,000‌
859,040‌
Home
Depot,
Inc.
(The)
6,410‌
1,891,720‌
Marsh
&
McLennan
Companies,
Inc.
7,000‌
1,165,850‌
5,245,051‌
Consumer
Staples
—
8.46%
Coca-Cola
Co.
(The)
28,000‌
1,736,840‌
Mondelez
International,
Inc.,
Class
A
17,850‌
1,244,502‌
Philip
Morris
International,
Inc.
18,250‌
1,774,813‌
4,756,155‌
Financials
—
16.41%
American
Express
Co.
9,900‌
1,633,005‌
BlackRock,
Inc.
1,700‌
1,137,504‌
Chubb
Ltd.
5,920‌
1,149,546‌
JPMorgan
Chase
&
Co.
6,700‌
873,077‌
M&T
Bank
Corp.
4,000‌
478,280‌
Northern
Trust
Corp.
13,120‌
1,156,266‌
Procter
&
Gamble
Co.
(The)
7,900‌
1,174,651‌
Willis
Towers
Watson
PLC
6,998‌
1,626,194‌
9,228,523‌
Health
Care
—
17.81%
AbbVie,
Inc.
11,500‌
1,832,755‌
AstraZeneca
PLC
-
ADR
27,500‌
1,908,775‌
Cardinal
Health,
Inc.
3,000‌
226,500‌
Johnson
&
Johnson
13,140‌
2,036,700‌
Medtronic
PLC
18,500‌
1,491,470‌
Merck
&
Co.,
Inc.
20,170‌
2,145,886‌
Stryker
Corp.
1,300‌
371,111‌
10,013,197‌
Industrials
—
14.25%
Honeywell
International,
Inc.
6,950‌
1,328,284‌
Johnson
Controls
International
PLC
31,600‌
1,902,952‌
Raytheon
Technologies
Corp.
12,500‌
1,224,125‌
TE
Connectivity
Ltd.
8,000‌
1,049,200‌
United
Parcel
Service,
Inc.,
Class
B
12,930‌
2,508,291‌
8,012,852‌
Real
Estate
—
1.67%
Alexandria
Real
Estate
Equities,
Inc.
7,500‌
941,925‌
Technology
—
21.08%
Accenture
PLC,
Class
A
5,840‌
1,669,129‌
Fidelity
National
Information
Services,
Inc.
10,000‌
543,300‌
Crawford
Large
Cap
Dividend
Fund
Schedule
of
Investments
(continued)
March
31,
2023
-
(Unaudited)
COMMON
STOCKS
—
96.12%
-
(continued)
Shares
Fair
Value
Technology
—
21.08%
-
(continued)
Global
Payments,
Inc.
14,700‌
$
1,547,028‌
International
Business
Machines
Corp.
8,000‌
1,048,720‌
Microsoft
Corp.
9,870‌
2,845,521‌
S&P
Global,
Inc.
3,600‌
1,241,172‌
SAP
SE
-
ADR
4,000‌
506,200‌
Texas
Instruments,
Inc.
9,350‌
1,739,194‌
Visa,
Inc.,
Class
A
3,200‌
721,472‌
11,861,736‌
Utilities
—
1.62%
American
Electric
Power
Co.,
Inc.
10,000‌
909,900‌
Total
Common
Stocks
(Cost $31,353,818)
54,055,108‌
MONEY
MARKET
FUNDS
-
3.83%
Federated
Hermes
Treasury
Obligations
Fund,
Institutional
Shares,
4.66%
(a)
2,153,369‌
2,153,369‌
Total
Money
Market
Funds
(Cost
$2,153,369)
2,153,369‌
Total
Investments
—
99.95%
(Cost
$33,507,187)
56,208,477‌
Other
Assets
in
Excess
of
Liabilities — 0.05%
27,232‌
NET
ASSETS
—
100.00%
$
56,235,709‌
(a)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
March
31,
2023.
ADR
-
American
Depositary
Receipt.
Crawford
Small
Cap
Dividend
Fund
Schedule
of
Investments
March
31,
2023
-
(Unaudited)
COMMON
STOCKS
—
97.76%
Shares
Fair
Value
Consumer
Discretionary
—
11.08%
Academy
Sports
&
Outdoors,
Inc.
77,110‌
$
5,031,427‌
Carter's,
Inc.
46,374‌
3,335,218‌
Columbia
Sportswear
Co.
46,800‌
4,223,232‌
HNI
Corp.
99,544‌
2,771,305‌
Johnson
Outdoors,
Inc.,
Class
A
61,113‌
3,850,730‌
Leggett
&
Platt,
Inc.
89,570‌
2,855,492‌
Monro
,
Inc.
63,248‌
3,126,349‌
Rocky
Brands,
Inc.
98,453‌
2,271,311‌
Wolverine
World
Wide,
Inc.
197,443‌
3,366,403‌
30,831,467‌
Consumer
Staples
—
9.16%
Casey's
General
Stores,
Inc.
19,487‌
4,218,156‌
Flowers
Foods,
Inc.
145,566‌
3,989,964‌
Inter
Parfums
,
Inc.
28,045‌
3,989,121‌
J&J
Snack
Foods
Corp.
28,096‌
4,164,389‌
MGP
Ingredients,
Inc.
42,834‌
4,142,904‌
PriceSmart
,
Inc.
40,475‌
2,893,153‌
Turning
Point
Brands,
Inc.
99,928‌
2,098,488‌
25,496,175‌
Energy
—
1.51%
DT
Midstream,
Inc.
85,006‌
4,196,746‌
Financials
—
20.03%
Artisan
Partners
Asset
Management,
Inc.,
Class
A
77,308‌
2,472,310‌
BancFirst
Corp.
51,731‌
4,298,846‌
First
Hawaiian,
Inc.
119,037‌
2,455,733‌
Glacier
Bancorp,
Inc.
63,962‌
2,687,044‌
Hamilton
Lane,
Inc.,
Class
A
39,700‌
2,937,006‌
Hanover
Insurance
Group,
Inc.
36,159‌
4,646,432‌
Houlihan
Lokey
,
Inc.
46,326‌
4,053,062‌
Lazard
Ltd.,
Class
A
74,739‌
2,474,608‌
Old
Republic
International
Corp.
189,397‌
4,729,243‌
SouthState
Corp.
37,862‌
2,698,046‌
Stock
Yards
Bancorp,
Inc.
59,760‌
3,295,166‌
Trico
Bancshares
118,098‌
4,911,696‌
Valley
National
Bancorp
401,996‌
3,714,443‌
Walker
&
Dunlop,
Inc.
54,797‌
4,173,887‌
Webster
Financial
Corp.
79,050‌
3,116,151‌
WSFS
Financial
Corp.
81,449‌
3,063,297‌
55,726,970‌
Health
Care
—
10.95%
Atrion
Corp.
10,456‌
6,565,427‌
CONMED
Corp.
67,766‌
7,038,176‌
LeMaitre
Vascular,
Inc.
80,833‌
4,160,475‌
Perrigo
Co.
PLC
135,939‌
4,876,132‌
Psychemedics
Corp.
204,835‌
1,075,384‌
Crawford
Small
Cap
Dividend
Fund
Schedule
of
Investments
(continued)
March
31,
2023
-
(Unaudited)
COMMON
STOCKS
—
97.76%
-
(continued)
Shares
Fair
Value
Health
Care
—
10.95%
-
(continued)
U.S.
Physical
Therapy,
Inc.
69,013‌
$
6,757,063‌
30,472,657‌
Industrials
—
25.17%
AZZ,
Inc.
126,264‌
5,207,127‌
ESCO
Technologies,
Inc.
64,740‌
6,179,433‌
Franklin
Electric
Co.,
Inc.
62,218‌
5,854,714‌
Hackett
Group,
Inc.
(The)
281,047‌
5,193,749‌
Landstar
System,
Inc.
11,218‌
2,010,939‌
Littelfuse
,
Inc.
21,002‌
5,630,426‌
Moog,
Inc.,
Class
A
56,475‌
5,689,857‌
MSC
Industrial
Direct
Co.,
Inc.,
Class
A
58,557‌
4,918,788‌
Mueller
Water
Products,
Inc.
376,964‌
5,254,878‌
National
Instruments
Corp.
55,851‌
2,927,151‌
nVent
Electric
PLC
122,349‌
5,253,666‌
Standex
International,
Inc.
45,412‌
5,560,245‌
Tennant
Co.
48,891‌
3,350,500‌
Valmont
Industries,
Inc.
13,046‌
4,165,327‌
Woodward,
Inc.
28,690‌
2,793,545‌
69,990,345‌
Materials
—
1.90%
HB
Fuller
Co.
77,306‌
5,291,596‌
Real
Estate
—
4.54%
Armada
Hoffler
Properties,
Inc.
235,978‌
2,786,900‌
Four
Corners
Property
Trust,
Inc.
91,401‌
2,455,031‌
Independence
Realty
Trust,
Inc.
275,343‌
4,413,748‌
STAG
Industrial,
Inc.
88,278‌
2,985,562‌
12,641,241‌
Technology
—
12.14%
Absolute
Software
Corp.
427,946‌
3,350,817‌
American
Software,
Inc.,
Class
A
397,706‌
5,015,073‌
AudioCodes
,
Ltd.
188,586‌
2,843,877‌
Belden,
Inc.
47,794‌
4,147,085‌
Power
Integrations,
Inc.
65,041‌
5,505,070‌
Sapiens
International
Corp.
NV
190,453‌
4,136,639‌
Simulations
Plus,
Inc.
144,205‌
6,336,368‌
TTEC
Holdings,
Inc.
65,552‌
2,440,501‌
33,775,430‌
Utilities
—
1.28%
Black
Hills
Corp.
56,552‌
3,568,431‌
Total
Common
Stocks
(Cost $238,213,735)
271,991,058‌
MONEY
MARKET
FUNDS
-
2.02%
Federated
Hermes
Treasury
Obligations
Fund,
Institutional
Shares,
4.66%
(a)
5,606,116‌
5,606,116‌
Crawford
Small
Cap
Dividend
Fund
Schedule
of
Investments
(continued)
March
31,
2023
-
(Unaudited)
MONEY
MARKET
FUNDS
-
2.02%
-
continued
Total
Money
Market
Funds
(Cost
$5,606,116)
$
5,606,116‌
Total
Investments
—
99.78%
(Cost
$243,819,851)
277,597,174‌
Other
Assets
in
Excess
of
Liabilities — 0.22%
609,677‌
NET
ASSETS
—
100.00%
$
278,206,851‌
(a)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
March
31,
2023.
Crawford
Multi-Asset
Income
Fund
Schedule
of
Investments
March
31,
2023
-
(Unaudited)
COMMON
STOCKS
—
47.94%
Shares
Fair
Value
Communications
—
4.37%
AT&T,
Inc.
55,800‌
$
1,074,150‌
BCE,
Inc.
50,910‌
2,280,259‌
Verizon
Communications,
Inc.
46,200‌
1,796,718‌
5,151,127‌
Consumer
Staples
—
5.27%
Kraft
Heinz
Co.
(The)
66,000‌
2,552,220‌
Philip
Morris
International,
Inc.
37,710‌
3,667,298‌
6,219,518‌
Energy
—
11.18%
DT
Midstream,
Inc.
35,830‌
1,768,927‌
Kinder
Morgan,
Inc.
207,050‌
3,625,446‌
ONEOK,
Inc.
57,290‌
3,640,207‌
Williams
Companies,
Inc.
(The)
139,350‌
4,160,991‌
13,195,571‌
Financials
—
3.31%
Huntington
Bancshares,
Inc.
196,110‌
2,196,432‌
New
York
Community
Bancorp,
Inc.
188,570‌
1,704,673‌
3,901,105‌
Health
Care
—
4.14%
AbbVie,
Inc.
18,860‌
3,005,718‌
Gilead
Sciences,
Inc.
22,625‌
1,877,196‌
4,882,914‌
Real
Estate
—
10.10%
Alexander's,
Inc.
10,370‌
2,009,188‌
Crown
Castle
International
Corp.
9,300‌
1,244,712‌
Four
Corners
Property
Trust,
Inc.
70,710‌
1,899,271‌
Physicians
Realty
Trust
173,480‌
2,590,055‌
STAG
Industrial,
Inc.
71,660‌
2,423,541‌
WP
Carey,
Inc.
22,630‌
1,752,694‌
11,919,461‌
Technology
—
3.35%
International
Business
Machines
Corp.
30,170‌
3,954,985‌
Utilities
—
6.22%
Duke
Energy
Corp.
32,720‌
3,156,499‌
NorthWestern
Corp.
30,900‌
1,787,874‌
Southern
Co.
(The)
34,380‌
2,392,160‌
7,336,533‌
Total
Common
Stocks
(Cost $54,232,744)
56,561,214‌
PREFERRED
STOCKS
—
36.26%
Shares
Fair
Value
Energy
—
0.59%
Energy
Transfer
LP,
Series
D,
7.63%
29,730‌
693,601‌
Crawford
Multi-Asset
Income
Fund
Schedule
of
Investments
(continued)
March
31,
2023
-
(Unaudited)
PREFERRED
STOCKS
—
36.26%
-
(continued)
Shares
Fair
Value
Financials
—
18.65%
AGNC
Investment
Corp.,
Series
C,
7.00%
69,990‌
$
1,646,165‌
Allstate
Corp.,
Series
G,
5.63%
30,000‌
748,200‌
Ally
Financial,
Inc.,
Series
B,
4.70%
3,589,000‌
2,586,323‌
American
Express
Co.,
Series
D,
3.55%
3,750,000‌
3,178,875‌
Annaly
Capital
Management,
Inc.,
Series
F,
6.95%
71,610‌
1,690,712‌
Bank
of
America
Corp.,
Series
KK,
5.38%
11,830‌
271,735‌
Charles
Schwab
Corp.
(The),
Series
I,
4.00%
3,967,000‌
3,239,135‌
Invesco
Mortgage
Capital,
Inc.,
Series
C,
7.50%
118,500‌
2,146,035‌
Two
Harbors
Investment
Corp.,
Series
B,
7.63%
161,400‌
3,289,332‌
Wells
Fargo
&
Co.,
Series
L,
7.50%
2,720‌
3,199,400‌
21,995,912‌
Real
Estate
—
6.59%
Armada
Hoffler
Properties
Inc.,
Series
A,
6.75%
98,837‌
2,064,705‌
Digital
Realty
Trust,
Inc.,
Series
L,
5.20%
102,150‌
2,196,225‌
Hersha
Hospitality
Trust,
Series
D,
6.50%
66,910‌
1,298,723‌
UMH
Properties,
Inc.,
Series
D,
6.38%
37,100‌
811,748‌
Vornado
Realty
Trust,
Series
M,
5.25%
104,150‌
1,408,108‌
7,779,509‌
Utilities
—
10.43%
Centerpoint
Energy,
Inc.,
Series
A,
6.13%
3,650,000‌
3,456,093‌
Nisource,
Inc.,
Series
B,
6.50%
111,050‌
2,665,200‌
Sempra
Energy,
5.75%
10,690‌
264,471‌
Southern
Co.
(The),
B
104,420‌
2,359,892‌
Spire,
Inc.,
Series
A,
5.90%
147,950‌
3,558,198‌
12,303,854‌
Total
Preferred
Stocks
(Cost $48,972,310)
42,772,876‌
CORPORATE
BONDS
—
11.68%
Principal
Amount
Fair
Value
Consumer
Discretionary
—
3.00%
Newell
Brands,
Inc.,
4.45%,
4/1/2026
$
3,672,000‌
3,538,211‌
Energy
—
2.24%
Transcanada
Trust,
5.63%,
5/20/2075
2,830,000‌
2,639,186‌
Real
Estate
—
3.37%
Crown
Castle
Inc.,
5.00%,
1/11/2028
3,945,000‌
3,973,267‌
Technology
—
3.07%
Fidelity
National
Information
Services
Inc.,
4.50%,
7/15/2025
3,665,000‌
3,623,614‌
Total
Corporate
Bonds
(Cost $13,877,104)
13,774,278‌
MONEY
MARKET
FUNDS
-
3.81%
Shares
Federated
Hermes
Treasury
Obligations
Fund,
Institutional
Shares,
4.66%
(a)
4,495,083‌
4,495,083‌
Total
Money
Market
Funds
(Cost
$4,495,083)
4,495,083‌
Total
Investments
—
99.69%
(Cost
$121,577,241)
117,603,451‌
Crawford
Multi-Asset
Income
Fund
Schedule
of
Investments
(continued)
March
31,
2023
-
(Unaudited)
MONEY
MARKET
FUNDS
-
3.81%
-
continued
Shares
Other
Assets
in
Excess
of
Liabilities — 0.31%
361,181‌
NET
ASSETS
—
100.00%
$
117,964,632‌
(a)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
March
31,
2023.