Pacific Advisors Small Cap Value Fund Schedule of Investments (Unaudited) as of March 31, 2020
Name of the Issuer	Numbers of shares as of 3/31/20		Current $ Value ** as of 3/31/20		Percentage of Net Assets
COMMON STOCK
CONSUMER DISCRETIONARY				3.24
SPECIALTY RETAIL
CONN'S INC.	33,000	*	137,940
			137,940		3.24
ENERGY				7.16
ENERGY EQUIPMENT & SERVICES
HELIX ENERGY SOLUTIONS GROUP INC.	20,000	*	32,800
NORTH AMERICAN CONSTRUCTION GRP LTD	35,000		177,800
SOLARIS OILFIELD INFRASTRUCTURE-A	18,000		94,500
			305,100		7.16
FINANCIALS				4.70
DIVERSIFIED FINANCIAL SERVICES
COMPASS DIVERSIFIED HOLDINGS	15,000		201,000
			201,000		4.70
INDUSTRIALS				10.74
TRADING COMPANIES & DISTRIBUTORS
DXP ENTERPRISES INC.	10,000	*	122,600
RUSH ENTERPRISES INC.	10,500		335,160
			457,760		10.74
TOTAL COMMON STOCK  (Cost: 1,227,158)			1,101,800		3.24
TOTAL INVESTMENT IN SECURITIES  (Cost: $1,227,158)		1,101,800		25.84
CASH OR CASH EQUIVALENT			775,892		18.20
OTHER ASSETS LESS LIABILITIES			2,385,592		55.96
TOTAL NET ASSETS			4,263,284		100.00
* Non-income producing
** The principal amount is stated in U.S. dollars unless otherwise indicated.