Clifford Capital Focused Small Cap Value Fund
Schedule of Investments			december 31, 2023 (unaudited)
				Shares		Value
94.16%	COMMON STOCK
3.56%	COMMUNICATION SERVICES
	Millicom International Cellualar S.A.(A)	.	. .	16,680	$	300,240
14.10%	CONSUMER DISCRETIONARY
	Big Lots, Inc.(A) . . . . . . . . . .	.	. .	20,590		160,396
	Perdoceo Education Corp. . . . . .	.	.	11,710		205,628
	Urban Outfitters, Inc.(A) . . . . . . .	.	.	5,520		197,009
	Voxx International Corp.(A) . . . . .	.	. .	18,660		199,289
	Winmark Corp. . . . . . . . . . .	.	. .	510		212,950
	WW International, Inc.(A) . . . . . .	.	. .	24,360		213,150
						1,188,422
5.91%	CONSUMER STAPLES
	Fresh Del Monte Produce, Inc. . . .	.	. .	9,890		259,612
	Reynolds Consumer Products, Inc. .	.	. .	8,890		238,608
						498,220
7.05%	ENERGY
	KLX Energy Services Holdings, Inc.(A)	.	. .	26,540		298,841
	Liberty Energy, Inc. . . . . . . . .	.	. .	16,310		295,864
						594,705
28.50%	FINANCIALS
	Community Trust Bancorp, Inc. . . .	.	. .	6,570		288,160
	CVB Financial Corp. . . . . . . . .	.	.	20,600		415,914
	Evertec, Inc. . . . . . . . . . . .	.	. .	7,070		289,446
	Glacier Bancorp, Inc. . . . . . . .	.	. .	5,440		224,781
	Hancock Whitney Corp. . . . . . .	.	. .	4,470		217,198
	NCR Atleos Corp.(A) . . . . . . . .	.	. .	14,075		341,882
	Westamerica Bancorp . . . . . . .	.	.	6,040		340,716
	The Western Union Co. . . . . . .	.	. .	23,920		285,126
						2,403,223
23.74%	INDUSTRIALS
	Commercial Vehicle Group, Inc.(A) . .	.	.	32,110		225,091
	Forward Air Corp. . . . . . . . . .	.	.	3,690		231,990
	HNI Corp. . . . . . . . . . . . .	.	. .	5,840		244,287

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QUARTERLY REPORT

	Clifford Capital Focused Small Cap Value Fund
Schedule of Investments - continued		December 31, 2023 (unaudited)
			Shares		Value
	Pitney Bowes, Inc. . . . . . . . . .	. .	96,600	$	425,040
	Steelcase, Inc. . . . . . . . . . .	. . .	17,010		229,975
	Stericycle, Inc.(A) . . . . . . . . . .	. .	6,620		328,087
	Thermon Group Holdings, Inc.(A) . . .	. .	9,720		316,581
					2,001,051
3.30%	INFORMATION TECHNOLOGY
	DXC Technology Co.(A) . . . . . . .	. .	12,160		278,099
5.06%	MATERIALS
	Compass Minerals International, Inc. .	. .	7,760		196,483
	Sealed Air Corp. . . . . . . . . .	. . .	6,300		230,076
					426,559
2.94%	REAL ESTATE
	Douglas Elliman Inc(A) . . . . . . .	. . .	84,030		247,889
94.16%	TOTAL COMMON STOCK . . . . .	. . . .	. . . . . .	$	7,938,408
2.62%	PREFERRED STOCK
2.62%	CONSUMER DISCRETIONARY
	Qurate Retail, Inc., Series V 8.000% .	. .	6,150		221,154
2.62%	TOTAL PREFERRED STOCK . . . .	. . . .	. . . . . .	$	221,154
2.90%	MONEY MARKET FUND
	Federated Institutional Prime Obligations
	Fund 5.450%(B) . . . . . . . . .	. .	244,722		244,852
99.68%	TOTAL INVESTMENTS . . . . . .	. . . .	. . . . . .	$	8,404,414
0.32%	Assets net of liabilities . . . . . . . . . . . . . . . . .				27,248
100.00%	NET ASSETS . . . . . . . . . . .	. . . .	. . . . . .	$	8,431,662

(A)Non-income producing

(B)Effective 7 day yield as of December 31,2023

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QUARTERLY REPORT

Clifford Capital Focused Small Cap Value Fund

Schedule of Investments - continued December 31, 2023 (unaudited)

In accordance with U.S. GAAP, “fair value” is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used in determining the value of a Fund’s investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund’s investments as of December 31, 2023:

				Level 2			Level 3
				Other
			Significant				Significant
		Quoted	Observable			Unobservable
		Prices		Inputs			Inputs		Total
Common Stocks . . . . . .	$	7,938,408	$	—	$		—	$	7,938,408
Preferred Stocks . . . . . .		221,154		—			—		221,154
Money Market Funds . . . .		244,852		—			—		244,852
Total Investments . . . . . .	$	8,404,414	$	—	$		—	$	8,404,414

The Fund held no Level 3 securities at any time during the period.

There were no transfers into or out of Levels 1 and 2 during the period ended December 31, 2023.

At December 31, 2023 the cost of investments for Federal income tax purposes has been estimated since the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $6,643,040 and the related tax-based net unrealized appreciation (depreciation) consists of:

Gross unrealized appreciation . . .	$	1,986,395
Gross unrealized depreciation . . .		(225,021)
Net unrealized appreciation . . . .	$	1,761,374

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QUARTERLY REPORT