JZT Lehman Abs Corp Corporate Backed Trust Certificates, Kraft Foods Note-Backed Series 2003-11, Class A-1

Miller Convertible Fund

SCHEDULE OF INVESTMENTS (Unaudited)

January 31, 2013

Security

Principal Amount

Interest Rate (%)

Maturity Date

Market Value

CONVERTIBLE BONDS - 91.53 %

AEROSPACE/DEFENSE - 3.24 %

AAR Corp.

 $       1,000,000

2.2500

3/1/2016

 $              958,125

Alliant Techsystems, Inc.

3,000,000

3.0000

8/15/2024

3,202,500

Kaman Corp. - 144A

4,000,000

3.2500

11/15/2017

5,035,000

9,195,625

AIRLINES - 1.45 %

JetBlue Airways Corp.

3,000,000

6.7500

10/15/2039

4,134,375

APPAREL - 0.38 %

Iconix Brand Group, Inc. - 144A

1,000,000

2.5000

6/1/2016

1,080,000

AUTO MANUFACTURERS - 3.83 %

Wabash National Corp.

9,000,000

3.3750

5/1/2018

10,856,250

BANKS - 5.99 %

Goldman Sachs Group, Inc.

3,500,000

0.0000

3/28/2016

3,884,382

Goldman Sachs Group, Inc.

7,250,000

0.0000

3/28/2016

8,046,221

Goldman Sachs Group, Inc.

5,500,000

0.0000

1/24/2020

5,055,174

16,985,777

BIOTECHNOLOGY - 5.74 %

Charles River Laboratories International, Inc.

1,000,000

2.2500

6/15/2013

1,011,875

Cubist Pharmaceuticals, Inc.

1,000,000

2.5000

11/1/2017

1,605,000

Gilead Sciences, Inc.

2,000,000

1.6250

5/1/2016

3,590,010

Illumina, Inc. - 144A

1,000,000

0.2500

3/15/2016

963,750

Medicines Co. - 144A

2,200,000

1.3750

6/1/2017

2,762,375

United Therapeutics Corp.  - 144A

5,000,000

1.0000

9/15/2016

6,353,125

16,286,135

BUILDING MATERIALS - 0.39 %

Griffon Corp. - 144A

1,000,000

4.0000

1/15/2017

1,092,500

CHEMICALS - 0.00 %

ShengdaTech, Inc. - 144A*

8,000,000

6.5000

12/15/2015

                            -   

COMPUTERS - 2.52 %

Mentor Graphics Corp.

4,000,000

4.0000

4/1/2031

4,647,500

SanDisk Corp.

2,000,000

1.5000

8/15/2017

2,501,250

7,148,750

DISTRIBUTION/WHOLESALE - 2.87 %

Titan Machinery, Inc. - 144A

8,000,000

3.7500

5/1/2019

8,155,000

DIVERSIFIED FINANCIAL SERVICES - 3.50 %

BGC Partners, Inc.

7,000,000

4.5000

7/15/2016

6,562,500

DFC Global Corp. - 144A  

3,000,000

3.2500

4/15/2017

3,354,375

9,916,875

ELECTRICAL COMPONENTS & EQUIPMENT - 0.85 %

EnerSys, Inc.

2,000,000

3.3750 +

6/1/2038

2,435,000

ELECTRONICS - 0.37 %

FEI Co.

500,000

2.8750

6/1/2013

1,041,250

ENERGY-ALTERNATE SOURCES - 2.33 %

Green Plains Renewable Energy, Inc.  

7,000,000

5.7500

11/1/2015

6,597,500

Miller Convertible Fund

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

January 31, 2013

Security

Principal Amount

Interest Rate (%)

Maturity Date

Market Value

HEALTHCARE-PRODUCTS - 4.50 %

Alere, Inc.

 $       1,000,000

3.0000

5/15/2016

 $              954,375

Hologic, Inc. +

1,000,000

2.0000

3/1/2042

1,081,250

Integra LifeSciences Holdings Corp.

5,000,000

1.6250

12/15/2016

5,228,125

Teleflex, Inc.

1,000,000

3.8750

8/1/2017

1,333,750

Volcano Corp.

4,000,000

1.7500

12/1/2017

4,195,000

12,792,500

HEALTHCARE-SERVICES - 0.38 %

LifePoint Hospitals, Inc.

1,000,000

3.5000

5/15/2014

1,068,125

HOME BUILDERS - 0.93 %

Lennar Corp. - 144A

1,000,000

2.0000

12/1/2020

1,531,250

Meritage Homes Corp.

1,000,000

1.8750

9/15/2032

1,098,125

2,629,375

HOUSEHOLD PRODUCTS/WARES - 1.15 %

Jarden Corp. - 144A

3,000,000

1.8750

9/15/2018

3,298,935

INSURANCE - 0.74 %

Tower Group, Inc.

2,000,000

5.0000

9/15/2014

2,090,000

INTERNET - 1.14 %

BroadSoft, Inc.

1,000,000

1.5000

7/1/2018

1,093,125

Equinix, Inc.

500,000

3.0000

10/15/2014

1,012,187

Priceline.com, Inc. - 144A

500,000

1.2500

3/15/2015

1,140,312

3,245,624

INVESTMENT COMPANIES - 4.08 %

Ares Capital Corp. - 144A   

1,000,000

4.8750

3/15/2017

1,062,500

KCAP Financial, Inc.

1,000,000

8.7500

3/15/2016

1,295,000

Prospect Capital Corp.

2,000,000

6.2500

12/15/2015

2,143,750

TICC Capital Corp. - 144A   

7,000,000

7.5000

11/1/2017

7,070,000

11,571,250

IRON/STEEL - 0.39 %

Allegheny Technologies, Inc.

1,000,000

4.2500

6/1/2014

1,092,500

MACHINERY-DIVERSIFIED - 3.85 %

Altra Holdings, Inc.

8,000,000

2.7500

3/1/2031

9,075,000

Chart Industries, Inc.

1,500,000

2.0000

8/1/2018

1,836,563

10,911,563

METAL FABRICATE/HARDWARE - 3.57 %

AM Castle & Co. - 144A

5,000,000

7.0000

12/15/2017

9,021,875

RTI International Metals, Inc.

1,000,000

3.0000

12/1/2015

1,101,250

10,123,125

MINING - 4.28 %

Horsehead Holding Corp.

1,000,000

3.5000

10/1/2016

1,049,375

Kaiser Aluminum Corp.

2,000,000

3.8000

7/1/2017

1,936,250

Molycorp, Inc.

1,000,000

4.5000

4/1/2015

1,370,000

Northgate Minerals Corp.

7,500,000

3.2500

6/15/2016

5,587,500

Royal Gold, Inc.

2,000,000

2.8750

6/15/2019

2,197,500

12,140,625

MISCELLANEOUS MANUFACTURING - 2.80 %

EnPro Industries, Inc.

1,000,000

3.9375

10/15/2015

1,415,000

Siemens Financial

4,000,000

1.0500

8/16/2017

4,166,000

Trinity Industries, Inc.

2,000,000

3.8750

6/1/2036

2,376,250

7,957,250

Miller Convertible Fund

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

January 31, 2013

Security

Principal Amount

Interest Rate (%)

Maturity Date

Market Value

OIL & GAS - 0.33 %

Stone Energy Corp. - 144A

 $       1,000,000

1.7500

3/1/2017

 $              925,000

OIL & GAS SERVICES - 6.56 %

Helix Energy Solutions Group, Inc.

1,000,000

3.2500

3/15/2032

1,256,655

Hornbeck Offshore Services, Inc. - 144A

4,000,000

1.5000

9/1/2019

4,172,500

Newpark Resources, Inc.

7,000,000

4.0000

10/1/2017

7,844,375

SEACOR Holdings, Inc. - 144A   

5,000,000

2.5000

12/15/2027

5,343,750

18,617,280

PHARMACEUTICALS - 4.90 %

Akorn, Inc.

500,000

3.5000

6/1/2016

826,250

Endo Pharmaceuticals Holdings, Inc.

3,000,000

1.7500

4/15/2015

3,703,125

Salix Pharmaceuticals Ltd. - 144A

9,000,000

1.5000

3/15/2019

9,393,750

13,923,125

PRIVATE EQUITY - 3.19 %

Hercules Technology Growth Capital, Inc.

8,500,000

6.0000

4/15/2016

9,041,875

RETAIL - 2.21 %

Coinstar, Inc.

1,000,000

4.0000

9/1/2014

1,371,250

Group 1 Automotive, Inc. +

4,000,000

2.2500

6/15/2036

4,912,500

6,283,750

SEMICONDUCTORS - 6.77 %

GT Advanced Technologies, Inc.

8,000,000

3.0000

10/1/2017

6,110,000

Lam Research Corp.

2,000,000

1.2500

5/15/2018

2,088,750

Photronics, Inc.

2,000,000

3.2500

4/1/2016

2,050,000

Rudolph Technologies, Inc.  - 144A

6,000,000

3.7500

7/15/2016

7,563,750

Xilinx, Inc.

1,000,000

2.6250

6/15/2017

1,389,260

19,201,760

SOFTWARE - 1.35 %

Bottomline Technologies de, Inc.

1,000,000

1.5000

12/1/2017

1,184,580

CSG Systems International, Inc.  - 144A

2,000,000

3.0000

3/1/2017

2,146,250

Microsoft Corp. -144A

500,000

0.0000

6/15/2013

502,187

3,833,017

TELECOMMUNICATIONS - 1.47 %

Arris Group, Inc.

1,000,000

2.0000

11/15/2026

1,105,000

Ixia

2,500,000

3.0000

12/15/2015

3,075,000

4,180,000

TRANSPORTATION - 0.39 %

Bristow Group, Inc.

1,000,000

3.0000

6/15/2038

1,092,500

TRUCKING & LEASING - 3.09 %

Greenbrier Companies, Inc.

9,000,000

3.5000

4/1/2018

8,758,125

TOTAL CONVERTIBLE BONDS

259,702,341

( Cost - $245,428,803)

SHORT-TERM INVESTMENTS - 2.83 %

MONEY MARKET FUND - 2.83 %

Shares

Milestone Treasury Obligations Portfolio

8,034,287

0.0300 +

8,034,287

TOTAL SHORT-TERM INVESTMENTS

( Cost - $8,034,287)

Miller Convertible Fund

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

January 31, 2013

Security

Shares

Interest Rate (%)

Market Value

TOTAL INVESTMENTS - 94.36 %

( Cost - $253,463,090) (a)

 $      267,736,628

OTHER ASSETS LESS LIABILITIES - 5.64 %

16,000,393

NET ASSETS - 100.00 %

 $      283,737,021

+ Variable rate security.  Interest rate is as of January 31, 2013.

* Defaulted security; not currently paying interest (non-income producing).

144a- Security exempt from registration under Rule 144a of the Securities Act of 1933.  These securities may be

          sold in transactions exempt from registration, normally to qualified institutional buyers.

(a) Represents cost for financial reporting purposes.  Aggregate cost for federal tax purposes is $255,562,433 and differs from value by net unrealized appreciation (depreciation) of securities as follows:

Unrealized Appreciation:

 $        27,956,979

Unrealized Depreciation:

          (15,782,784)

Net Unrealized Appreciation:

 $        12,174,195

The following is a summary of significant accounting policies followed by the Fund in preparation of its financial statements.

Security Valuation – The Fund’s securities are valued at the last sale price on the exchange in which such securities are primarily traded, as of the close of business on the day the securities are being valued. NASDAQ traded securities are valued using the NASDAQ Official Closing Price (“NOCP”).  If the NOCP is not available, such securities shall be valued at the last sale price on the day of valuation, or if there has been no sale on such day, at the mean between the bid and asked prices.  Exchange traded options, futures and options on futures are valued at the settlement price determined by the exchange.  Debt securities (other than short-term obligations) are valued each day by an independent pricing service approved by the Board of Trustees (the “Board”) using methods which include current market quotations from a major market maker in the securities and based on methods which include the consideration of yields or prices of securities of comparable quality, coupon, maturity and type.  Short-term investments that mature in 60 days or less are valued at amortized cost, provided such valuations represent fair value.

Securities for which current market quotations are not readily available or for which quotations are not deemed to be representative of market values are valued at fair value as determined in good faith by or under the direction of the Trust’s Board of Trustees in accordance with the Trust’s Portfolio Securities Valuation Procedures (the “Procedures”).  The Procedures consider, among others, the following factors to determine a security’s fair value: the nature and pricing history (if any) of the security; whether any dealer quotations for the security are available; and possible valuation methodologies that could be used to determine the fair value of the security.

The Fund utilizes various methods to measure the fair value of most of its investments on a recurring basis.  GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of input are:

Miller Convertible Fund

SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

January 31, 2013

Level 1 – Unadjusted quoted prices in active markets for identical assets and liabilities that the Fund has the ability to access.

Level 2 – Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly or indirectly.  These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment.  Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.  The following table summarizes the inputs used as of January 31, 2013 for the Fund's assets and liabilities measured at fair value:

*Please refer to schedule of investments for industry classification.

There were no transfers into or out of Level 1 and Level 2 during the current period presented. It is the Fund's policy to record transfers into or out of Level 1 and Level 2 at the end of the reporting period.

**Represents variation margin on the last day of the reporting period.

Derivative Transactions – The Fund may enter into total return swaps.  Total return swaps are agreements that provide the Fund with a return based on the performance of an underlying asset, in exchange for fee payments to a counterparty based on a specific rate.  The difference in the value of these income streams is recorded daily by the Fund, and is settled in cash at the end of each month.  The fee paid by the Fund will typically be determined by multiplying the face value of the swap agreement by an agreed upon interest rate.  In addition, if the underlying asset declines in value over the term of the swap, the Fund would also be required to pay the dollar value of that decline to the counterparty.  Total return swaps could result in losses if the underlying asset does not perform as anticipated by the Adviser.  The Fund may use its own net asset value as the underlying asset in a total return swap.  This strategy serves to reduce cash drag (the impact of cash on the Fund’s overall return) by replacing it with the impact of market exposure based upon the Fund’s own investment holdings.  The Fund records fluctuations in the value of open swap contracts on a daily basis as unrealized gains or losses.  Realized gains and losses from terminated swaps are included in net realized gains/losses on swap contracts.  Risks may exceed amounts recognized on the statement of assets and liabilities.  The Fund values the total return swaps in which it enters based on a formula of the underlying asset’s nightly value, USD-1M LIBOR-BBA and an annual fee or various agreed upon inputs.