NPORT-EX 2 till.htm
Teucrium Agricultural Strategy No K-1 ETF
 
Consolidated Schedule of Investments
 
July 31, 2023 (Unaudited)
 
 
Shares
 
Value
 
SHORT-TERM INVESTMENTS - 95.0%
       
Deposit Accounts - 95.0%
       
U.S. Bank Deposit Account, 5.27% (a)
   
7,972,153
   
$
7,972,153
 
TOTAL SHORT-TERM INVESTMENTS (Cost $7,972,153)
           
7,972,153
 
                 
Total Investments (Cost $7,972,153) - 95.0%
           
7,972,153
 
Other assets and liabilities, net - 5.0%
           
420,472
 
TOTAL NET ASSETS - 100.0%
         
$
8,392,625
 
                 
Percentages are stated as a percent of net assets.
 
(a) The rate shown is the seven day yield as of July 31, 2023.
 

Teucrium Agricultural Strategy No K-1 ETF
       
Consolidated Schedule of Open Futures Contracts
       
July 31, 2023 (Unaudited)
           
Description
 
Number of
Contracts
Purchased
 
Settlement
Month
 
Notional Value
   
Value and
Unrealized
Appreciation
(Depreciation)
 
Long Contracts
                   
Corn Futures (a)
   
82
 
December 2023
 
$
2,103,300
   
$
(125,139
)
Soybean Futures (a)
   
31
 
November 2023
   
2,064,213
     
64,058
 
Sugar No. 11 Futures (a)
   
85
 
July 2024
   
2,110,584
     
(16,885
)
Wheat Futures (a)
   
58
 
July 2024
   
2,109,025
     
200,042
 
                     
$
122,076
 
(a) All or a portion of this security is held by TILL Cayman.
                   

Fair Value Measurements
                 
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels.
     
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 and credit risk). Level 3 Includes significant
     
unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the
     
securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.
     
                   
The Fund did not hold any investments during the period with significant unobservable inputs which would be classified as Level 3.
     
                   
The following is a summary of the inputs used to value the Fund’s investments carried at fair value as of July 31, 2023:
     

   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments - Assets:
                       
Deposit Accounts
 
$
7,972,153
   
$
-
   
$
-
   
$
7,972,153
 
Total Investments - Assets
 
$
7,972,153
   
$
-
   
$
-
   
$
7,972,153
 
                                 
Other Financial Instruments*
                               
Open Futures Contracts
 
$
122,076
   
$
-
   
$
-
   
$
122,076
 
                                 
* Other financial instruments are derivative instruments not reflected in the Consolidated Schedule of Investments, such as open futures contracts. Open futures contracts are reflected as the unrealized appreciation (depreciation) on the instrument.