# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0001752724-23-041978
**Filing Date:** 2023-2
**Character Count:** 36918
**Document Hash:** 9c1c23fe6d1c97012f1057977bf6448a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041978.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041978

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204
- **IRS NUMBER:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 23672245

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill Quality High Yield Fund (Series ID: S000006753)

| Class ID   | Class Name                                                         | Ticker Symbol   |
|:---|:---|:---|
| C000018320 | Segall Bryant & Hamill Quality High Yield Fund-Retail Class        | WTLTX           |
| C000052678 | Segall Bryant & Hamill Quality High Yield Fund-Institutional Class | WILTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

**Item A.2. Information about the Series.**

- **a. Name of Series:** SBH QUALITY HIGH YIELD FUND

- **b. EDGAR series identifier (if any):** S000006753

- **c. LEI of Series:** 5493005VGRJWKUSSRE18

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $66112182.21

**Total Liabilities:** $334252.14

**Net Assets:** $65777930.07

**Cash Not Reported:** $386273.20

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 158.28139800 | **5-Year:** 1641.12734600 | **10-Year:** 584.56372000 | **30-Year:** 334.54323700

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 1925.16370300 | **5-Year:** 13805.60229800 | **10-Year:** 5234.54564400 | **30-Year:** 874.75771400

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018320 | 2.57%                | 1.63%                | -0.63%               |
| Class ID C000052678 | 2.61%                | 1.54%                | -0.50%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-333603.75              | $1930379.62                                |
| Month 2  | $-376344.97              | $1173502.36                                |
| Month 3  | $0.00                    | $-590501.95                                |

### Schedule of Portfolio Investments

| Name                                                                                                 | Title                                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Compass Minerals International Inc.                                                                  | Compass Minerals International, Inc. 4.875%, Due 7/15/2024               | CUSIP: 20451NAE1<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1153500.00   | 1.75%             | 2024-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Company                                                                                   | Ford Motor Company Del 7.40%, Due 11/01/2046                             | CUSIP: 345370BR0<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    600000 | PA      | $585000.00    | 0.89%             | 2046-11-01      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Axalta Coating Systems, LLC                                                                          | Axalta Coating Systems, LLC 3.375% Due 02/15/2029                        | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $825165.17    | 1.25%             | 2029-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Cedar Fair LP/ Canada's Wonderland Company/ Magnum Management Corporation/ Millennium Operations LLC | Cedar Fair LP 5.250% Due 07/15/2029                                      | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $987854.02    | 1.50%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Griffon Corp                                                                                         | Griffon Corporation 5.570%, Due 03/01/2028                               | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |   1008000 | PA      | $922320.00    | 1.40%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                                                                               | EMBARQ CORP. 7.995%, DUE 06/01/2036                                      | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    559000 | PA      | $259935.00    | 0.40%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Dick's Sporting Goods, Inc.                                                                          | Dick's Sporting Goods, Inc. 3.150%, Due 07/15/2032                       | CUSIP: 253393AF9<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    518000 | PA      | $405808.14    | 0.62%             | 2032-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Cinemark USA Inc.                                                                                    | Cinemark USA Inc 5.8750%, Due 03/15/2026                                 | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $982889.27    | 1.49%             | 2026-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Summit Materials, LLC/Summit Materials Finance Corp.                                                 | Summit Materials LLC 6.5%, Due 03/15/2027                                | CUSIP: 86614RAM9<br>LEI: 549300C97P3BW8QROE16 | Long             | DBT              | CORP              | US        |    525000 | PA      | $514484.80    | 0.78%             | 2027-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| The Scotts Miracle-Gro Company                                                                       | Scotts Miracle -Gro Company 4.0%, Due 04/01/2031                         | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    875000 | PA      | $668448.55    | 1.02%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                                               | MPT Operating Partnership LP/MPT Finance Corp. 5.0% DUE 10/15/2027       | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1470927.50   | 2.24%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Topbuild Corporation                                                                                 | Topbuild Cor 3.6250%, Due 03/15/2029                                     | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    227000 | PA      | $186118.40    | 0.28%             | 2029-03-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Hologic Inc                                                                                          | Hologic, Inc. 3.25% Due 02/15/2029                                       | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    500000 | PA      | $429348.22    | 0.65%             | 2029-02-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Outfront Media Capital LLC / Outfront Media Capital Corp                                             | Outfront Media Cap 4.25%, Due 01/15/2029                                 | CUSIP: 69007TAE4<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1335865.30   | 2.03%             | 2029-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Summit Materials, LLC/Summit Materials Finance Corp.                                                 | Summit Materials, LLC 5.25%, Due 01/15/2029                              | CUSIP: 86614RAN7<br>LEI: 549300C97P3BW8QROE16 | Long             | DBT              | CORP              | US        |   1239000 | PA      | $1153539.98   | 1.75%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                                                                             | Group 1 Automotive Inc 4.00% Due 08/15/2028                              | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   1164000 | PA      | $985244.75    | 1.50%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Amkor Technology, Inc.                                                                               | Amkor Technology, Inc. 6.625%, Due 09/15/2027                            | CUSIP: 031652BK5<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1157853.84   | 1.76%             | 2027-09-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| BWX Technologies Inc                                                                                 | BWX Technologies, Inc. 4.125% Due 06/30/2028                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   1202000 | PA      | $1080297.50   | 1.64%             | 2028-06-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Allison Transmission Inc.                                                                            | Allison Transmission, Inc. 4.75%, due 10/01/2027                         | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1205540.66   | 1.83%             | 2027-10-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Papa John's International Inc.                                                                       | Papa Johns International 3.8750%, Due 09/15/2029                         | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $835000.00    | 1.27%             | 2029-09-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Hanesbrands Inc.                                                                                     | Hanesbrands, Inc 4.875%, Due 05/15/2026                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    250000 | PA      | $223392.74    | 0.34%             | 2026-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Clean Harbors, Inc.                                                                                  | Clean Harbor, Inc. 4.125%, Due 07/15/2029                                | CUSIP: 184496AP2<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    910000 | PA      | $843981.18    | 1.28%             | 2029-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| KB Home                                                                                              | KB Home 6.8750%, Due 06/15/2027                                          | CUSIP: 48666KAX7<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1569282.00   | 2.39%             | 2027-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Axalta Coating Sys LLC/Axalta Coating Sys Dutch Hldg B B V                                           | Axalta Coating Systems, LLC 4.75%, Due 06/15/2027                        | CUSIP: 05454NAA7<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |    520000 | PA      | $480688.00    | 0.73%             | 2027-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Range Resources Corp.                                                                                | Range Resources Corporation 4.875%, Due 5/15/2025                        | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1424854.61   | 2.17%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd.                                                                 | FMG Resources Ltd. 4.50% Due 09/15/2027                                  | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |    800000 | PA      | $738000.00    | 1.12%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Vista Ootdoor Inc                                                                                    | Vista Outdoor, Inc. 4.50%, Due 03/15/2029                                | CUSIP: 928377AC4<br>LEI: 549300QI2D33ESTJLN81 | Long             | DBT              | CORP              | US        |   1765000 | PA      | $1295933.60   | 1.97%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                                             | Vistra Operations Company, LLC 5.000%, DUE 07/31/2027                    | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1531354.28   | 2.33%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Olin Corporation                                                                                     | Olin Corporation 5.00%, DUE 02/01/2030                                   | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    675000 | PA      | $615937.50    | 0.94%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cedar Fair LP/ Canada's Wonderland Company/ Magnum Management Corporation/ Millennium Operations LLC | Cedar Fair / CAN / Magnum / MI 5.375% Due 04/15/2027                     | CUSIP: 150190AB2<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |    937000 | PA      | $894835.00    | 1.36%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Provident Funding Associates LP / PFG Finance Corp                                                   | Provident Funding Associates LP/PFG Finance Corp. 6.375%, Due 06/15/2025 | CUSIP: 74387UAJ0<br>LEI: 54930043BMDE130FJ617 | Long             | DBT              | CORP              | US        |   1973000 | PA      | $1716510.00   | 2.61%             | 2025-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Hanesbrands Inc.                                                                                     | Hanesbrands, Inc. 4.625%, Due 05/15/2024                                 | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $992740.81    | 1.51%             | 2024-05-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                                         | Tenet Healthcare Corp 6.125%, Due 10/01/2028                             | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1372000 | PA      | $1228379.04   | 1.87%             | 2028-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| APA Corp.                                                                                            | Apa Corporation 5.10%, Due 09/01/2040                                    | CUSIP: 037411AW5<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1114618.31   | 1.69%             | 2040-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Dick's Sporting Goods, Inc.                                                                          | Dick's Sporting Goods Inc 4.1%, Due 01/15/2052                           | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    611000 | PA      | $393897.70    | 0.60%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Nexstar Escrow Inc                                                                                   | Nexstar Broadcasting , Inc. 5.625% Due 07/15/2027                        | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1270540.14   | 1.93%             | 2027-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Sensata Technologies Inc                                                                             | Sensata Technologies Inc 3.75% Due 02/15/2031                            | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $205660.00    | 0.31%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Central Garden & Pet Company                                                                         | Central Garden & Pet Company 4.125% Due 10/15/2030                       | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    700000 | PA      | $574982.37    | 0.87%             | 2030-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PDC Energy, Inc.                                                                                     | PDC Energy Inc 5.750%, Due 05/15/2026                                    | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1909140.00   | 2.90%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PG&E Corporation                                                                                     | PG&E Corporation Sr Sec Glbl Nt28 5% DUE 7/1/2028                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $912842.54    | 1.39%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp.                                                                                    | Lamar Media Corp. 3.75% Due 02/15/2028                                   | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1141260.70   | 1.74%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Amerigas Partners, L.P./Amerigas Finance Corp.                                                       | AmeriGas Partners LP/AmeriGas Financial Corp. 5.625%, Due 5/20/2024      | CUSIP: 030981AH7<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |    378000 | PA      | $366916.82    | 0.56%             | 2024-05-20      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                                                                     | Occidental Petroleum Corporation 7.875%, Due 09/15/2031                  | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1987200.00   | 3.02%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                                                                                     | AMC Networks, Inc. 4.75%, Due 08/01/2025                                 | CUSIP: 00164VAE3<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   1597000 | PA      | $1213720.00   | 1.85%             | 2025-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio Inc                                                                                  | Sirius XM Radio, Inc. 5.50%, Due 07/01/2029                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1232253.00   | 1.87%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Service Corporation International                                                                    | Service Corporation International 4.625%, due 12/15/2027                 | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    586000 | PA      | $547353.30    | 0.83%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Olin Corporation                                                                                     | Olin Corporation 5.125%, DUE 09/15/2027                                  | CUSIP: 680665AJ5<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    806000 | PA      | $761670.00    | 1.16%             | 2027-09-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Nexstar Broadcasting Inc                                                                             | Nexstar Broadcasting, Inc 4.750% Due 11/01/2028                          | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    225000 | PA      | $194625.00    | 0.30%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| IIP Operating Partnership LP                                                                         | IIP Oper Partnership 5.50%, Due 05/25/2026                               | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1726667.07   | 2.62%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Qorvo Inc                                                                                            | Qorvo Inc 4.375% Due 10/15/2029                                          | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   1282000 | PA      | $1133595.68   | 1.72%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| H&E Equipment Services, Inc.                                                                         | H&E Equipment Services, Inc 3.875% Due 12/15/2028                        | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |   1461000 | PA      | $1244465.19   | 1.89%             | 2028-12-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Directv Financing LLC/Directv Financing Co-Obligor Inc.                                              | Direct TV 8.875%, Due 08/15/2027                                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1422000 | PA      | $1272206.52   | 1.93%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| QVC, Inc.                                                                                            | QVC INC 4.75% Due 02/15/2027                                             | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    970000 | PA      | $686517.50    | 1.04%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Teleflex Incorporated                                                                                | Teleflex, Inc. 4.625%, due 11/15/2027                                    | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    375000 | PA      | $357408.75    | 0.54%             | 2027-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Aircastle Limited                                                                                    | Aircastle Ltd. 5.25% Due 08/11/2025                                      | CUSIP: 00928QAT8<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $961737.74    | 1.46%             | 2025-08-11      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS Corporation                                                                                 | Dish DBS Corporation 7.75% Due 07/01/2026                                | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    802000 | PA      | $646724.78    | 0.98%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Brunswick Corporation                                                                                | Brunswick Corporation/DE 2.400%, Due 08/18/2031                          | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    590000 | PA      | $433765.69    | 0.66%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| APA Corp.                                                                                            | Apache Corporation 4.25% Due 01/15/2030                                  | CUSIP: 037411BF1<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    575000 | PA      | $508821.40    | 0.77%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                     | NRG Energy, Inc. 3.625% Due 02/15/2031                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1302000 | PA      | $989777.20    | 1.50%             | 2031-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Vici Properties Inc                                                                                  | Vici Properties Note 4.500%, Due 01/15/2028                              | CUSIP: 92564RAK1<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |   1671000 | PA      | $1533354.73   | 2.33%             | 2028-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Compass Minerals International Inc.                                                                  | Compass Minerals International, Inc 6.750% Due 12/01/2027                | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   1126000 | PA      | $1080960.00   | 1.64%             | 2027-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Lamar Media Corp.                                                                                    | Lamar Media Corporation 4.8750%, Due 01/15/2029                          | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    815000 | PA      | $748314.08    | 1.14%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| The Scotts Miracle-Gro Company                                                                       | Scotts Miracle-Gro Company 4.50% Due 10/15/2029                          | CUSIP: 810186AS5<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    500000 | PA      | $405000.00    | 0.62%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                                                                 | United Rentals North America Inc 4.875% Due 01/15/2028                   | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1426213.25   | 2.17%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| The Goodyear Tire & Rubber Company                                                                   | Goodyear Tire & Rubber Co. 4.875%, Due 3/15/2027                         | CUSIP: 382550BG5<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1577909.25   | 2.40%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                                                                            | QVC, Inc. 4.85% Due 04/01/2024                                           | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    825000 | PA      | $763125.00    | 1.16%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ATS Corp. (Canada)                                                                                   | ATS Automation Tooling Systems 4.1250%, Due 12/15/2028                   | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1436495.40   | 2.18%             | 2028-12-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| XPO Inc                                                                                              | Con-Way Incorporated 6.70%, Due 05/01/2034                               | CUSIP: 12612WAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1242000 | PA      | $1099542.60   | 1.67%             | 2034-05-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-23

**Name of Applicant:** SBH Quality High Yield Fund

**Signature:** Jennifer L. Leamer

**Name of Signer:** Jennifer L. Leamer

**Title:** Assistant Treasurer