# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0000894189-25-009218
**Filing Date:** 2025-9
**Character Count:** 33732
**Document Hash:** a87b9e88298eaef70a054d48ca8167f1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-009218.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000894189-25-009218

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030

**ORGANIZATION NAME:**
- **EIN:** 566415270
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05037
- **FILM NUMBER:** 251351221

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-218-3770

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVONDALE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19910529

## Series and Classes Contracts Data

### Congress Intermediate Bond ETF (Series ID: S000087624)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000253468 | Congress Intermediate Bond ETF | CAFX            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Congress Intermediate Bond ETF** | **Congress Intermediate Bond ETF** | **Congress Intermediate Bond ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** |
| **CORPORATE BONDS - 45.7%** | **Par** | **Value** |
| **Auto Manufacturers - 5.6%** | **Auto Manufacturers - 5.6%** | **Auto Manufacturers - 5.6%** |
|  Hyundai Capital America, 5.30%, 01/08/2030 <sup>(a)</sup> | 5000000 | $5099381 |
| Mercedes-Benz Finance North America LLC | Mercedes-Benz Finance North America LLC | Mercedes-Benz Finance North America LLC |
| &nbsp;&nbsp; 5.10%, 11/15/2029 <sup>(a)</sup> | 2850000 | 2900361 |
| &nbsp;&nbsp; 5.00%, 04/01/2030 <sup>(a)</sup> | 7000000 | 7100957 |
|  Toyota Motor Credit Corp., 5.05%, 05/16/2029 | 4795000 | 4911418 |
|  |  | 20012117 |
| **Banks - 5.8%** | **Banks - 5.8%** | **Banks - 5.8%** |
|  Bank of America Corp., 3.42% to 12/20/2027 then 3 mo. Term SOFR + 1.30%, 12/20/2028 | 6801000 | 6641151 |
|  JPMorgan Chase & Co., 5.57% to 04/22/2027 then SOFR + 0.93%, 04/22/2028 | 6619000 | 6736152 |
|  Wells Fargo & Co., 3.58% to 05/22/2027 then 3 mo. Term SOFR + 1.57%, 05/22/2028 | 7250000 | 7129020 |
|  |  | 20506323 |
| **Biotechnology - 2.0%** | **Biotechnology - 2.0%** | **Biotechnology - 2.0%** |
|  Amgen, Inc., 5.15%, 03/02/2028 | 6900000 | 7026517 |
| **Capital Markets - 2.0%** | **Capital Markets - 2.0%** | **Capital Markets - 2.0%** |
|  Goldman Sachs Group, Inc., 6.48% to 10/24/2028 then SOFR + 1.77%, 10/24/2029 | 6810000 | 7199544 |
| **Diversified Telecommunication Services - 3.6%** | **Diversified Telecommunication Services - 3.6%** | **Diversified Telecommunication Services - 3.6%** |
|  AT&T, Inc., 2.75%, 06/01/2031 | 6928000 | 6263013 |
|  Verizon Communications, Inc., 5.40%, 07/02/2037 <sup>(a)</sup> | 6392000 | 6387262 |
|  |  | 12650275 |
| **Electric - 3.6%** | **Electric - 3.6%** | **Electric - 3.6%** |
|  Duke Energy Progress LLC, 3.70%, 09/01/2028 | 5750000 | 5641592 |
|  NextEra Energy Capital Holdings, Inc., 5.05%, 03/15/2030 | 6900000 | 7027191 |
|  |  | 12668783 |
| **Electric Utilities - 2.0%** | **Electric Utilities - 2.0%** | **Electric Utilities - 2.0%** |
|  PacifiCorp, 5.30%, 02/15/2031 | 6750000 | 6926740 |
| **Health Care Equipment & Supplies - 1.0%** | **Health Care Equipment & Supplies - 1.0%** | **Health Care Equipment & Supplies - 1.0%** |
|  Stryker Corp., 1.95%, 06/15/2030 | 4000000 | 3559227 |
| **Industrial Conglomerates - 1.6%** | **Industrial Conglomerates - 1.6%** | **Industrial Conglomerates - 1.6%** |
|  Honeywell International, Inc., 4.70%, 02/01/2030 | 5750000 | 5816904 |
| **IT Services - 1.9%** | **IT Services - 1.9%** | **IT Services - 1.9%** |
|  International Business Machines Corp., 3.50%, 05/15/2029 | 6785000 | 6577303 |
| **Media - 1.9%** | **Media - 1.9%** | **Media - 1.9%** |
|  Comcast Corp., 4.15%, 10/15/2028 | 6940000 | 6896427 |
| **Mining - 3.9%** | **Mining - 3.9%** | **Mining - 3.9%** |
|  BHP Billiton Finance USA Ltd., 5.25%, 09/08/2033 | 6515000 | 6673835 |
|  Rio Tinto Finance USA PLC, 4.88%, 03/14/2030 | 7200000 | 7308874 |
|  |  | 13982709 |
| **N.A. - 2.6%** | **N.A. - 2.6%** | **N.A. - 2.6%** |
|  BP Capital Markets America, Inc., 4.81%, 02/13/2033 | 6000000 | 5980910 |
|  T-Mobile USA, Inc., 3.88%, 04/15/2030 | 3400000 | 3295392 |
|  |  | 9276302 |
| **Oil & Gas - 3.1%** | **Oil & Gas - 3.1%** | **Oil & Gas - 3.1%** |
|  BP Capital Markets America, Inc., 2.72%, 01/12/2032 | 6906000 | 6150422 |
|  ConocoPhillips Co., 4.70%, 01/15/2030 | 4870000 | 4922002 |
|  |  | 11072424 |
| **Oil Gas & Consumable Fuels - 1.8%** | **Oil Gas & Consumable Fuels - 1.8%** | **Oil Gas & Consumable Fuels - 1.8%** |
|  Kinder Morgan, Inc., 5.00%, 02/01/2029 | 6336000 | 6417787 |
| **Semiconductors & Semiconductor Equipment - 1.6%** | **Semiconductors & Semiconductor Equipment - 1.6%** | **Semiconductors & Semiconductor Equipment - 1.6%** |
|  Intel Corp., 3.75%, 03/25/2027 | 5875000 | 5796002 |
| **Specialty Retail - 1.7%** | **Specialty Retail - 1.7%** | **Specialty Retail - 1.7%** |
|  Lowe's Cos., Inc., 3.75%, 04/01/2032 | 6400000 | 6010735 |
| **TOTAL CORPORATE BONDS** (Cost $161,278,145) | **TOTAL CORPORATE BONDS** (Cost $161,278,145) | 162396119 |
| **U.S. TREASURY SECURITIES - 44.4%** | **Par** | **Value** |
| United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond |
| &nbsp;&nbsp; 4.13%, 10/31/2026 | 7300000 | 7299430 |
| &nbsp;&nbsp; 4.13%, 02/15/2027 | 13525000 | 13543491 |
| &nbsp;&nbsp; 4.13%, 09/30/2027 | 12309000 | 12361409 |
| &nbsp;&nbsp; 4.13%, 11/15/2027 | 13750000 | 13810156 |
| &nbsp;&nbsp; 4.25%, 01/15/2028 | 15000000 | 15116016 |
| &nbsp;&nbsp; 4.13%, 07/31/2028 | 11900000 | 11980418 |
| &nbsp;&nbsp; 3.63%, 08/31/2029 | 4066000 | 4020416 |
| &nbsp;&nbsp; 4.63%, 09/30/2030 | 10016000 | 10315698 |
| &nbsp;&nbsp; 4.25%, 02/28/2031 | 9016000 | 9121304 |
| &nbsp;&nbsp; 3.63%, 09/30/2031 | 14800000 | 14440406 |
| &nbsp;&nbsp; 4.13%, 11/15/2032 | 10295000 | 10272078 |
| &nbsp;&nbsp; 4.50%, 11/15/2033 | 11279000 | 11479026 |
| &nbsp;&nbsp; 4.25%, 11/15/2034 | 13000000 | 12918750 |
| &nbsp;&nbsp; 4.63%, 02/15/2035 | 11000000 | 11238906 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $157,938,385) | **TOTAL U.S. TREASURY SECURITIES** (Cost $157,938,385) | 157917504 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 3.7%** | **Par** | **Value** |
|  Federal Home Loan Mortgage Corp., Series 5428, Class DM, 6.50%, 11/25/2044 | 9299346 | 9308081 |
|  Government National Mortgage Association, Series 2024-61, Class D, 5.75%, 08/20/2047 | 3711352 | 3730986 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $13,077,575) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $13,077,575) | 13039067 |
| **ASSET-BACKED SECURITIES - 2.7%** | **Par** | **Value** |
|  Ford Credit Auto Owner Trust, Series 2023-A, Class A3, 4.65%, 02/15/2028 | 1257802 | 1258778 |
|  GM Financial Leasing Trust, Series 2024-2, Class A2A, 5.43%, 09/21/2026 | 949851 | 951590 |
|  Honda Auto Receivables Owner Trust, Series 2023-2, Class A3, 4.93%, 11/15/2027 | 3856390 | 3866356 |
|  World Omni Auto Trust, Series 2025-B, Class A2A, 4.38%, 08/15/2028 | 3500000 | 3497602 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $9,578,524) | **TOTAL ASSET-BACKED SECURITIES** (Cost $9,578,524) | 9574326 |
| **SHORT-TERM INVESTMENTS - 2.4%** |  | **Value**  |
| **Money Market Funds - 2.4%** | **<u>Shares</u>** |  |
| First American Treasury Obligations Fund - Class X, 4.22% <sup>(b)</sup> | 8628118 | 8628118 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $8,628,118) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $8,628,118) | 8628118 |
| **TOTAL INVESTMENTS - 98.9% (**Cost $350,500,747**)** | **TOTAL INVESTMENTS - 98.9% (**Cost $350,500,747**)** | 351555134 |
| Other Assets in Excess of Liabilities - 1.1% | Other Assets in Excess of Liabilities - 1.1% | 3914736 |
| **TOTAL NET ASSETS - 100.0%** |  | $355469870 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

LLC - Limited Liability Company <br> PLC - Public Limited Company <br> SOFR - Secured Overnight Financing Rate

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of July 31, 2025, the value of these securities total $21,487,961 or 6.0% of the Fund's net assets.

(b) The rate shown represents the 7-day annualized effective yield as of July 31, 2025.

------

#### <br>

#### Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
Congress Intermediate Bond ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or 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 based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $162396119 | $– | $162396119 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 157917504 | – | 157917504 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 13039067 | – | 13039067 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset- Backed Securities | – | 9574326 | – | 9574326 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Short- Term Investments | 8628118 | – | – | 8628118 |
| Total Investments | $8628118 | $342927016 | $– | $351555134 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Professionally Managed Portfolios

- **b. Investment Company Act file number:** 811-05037

- **c. CIK number of Registrant:** 0000811030

- **d. LEI of Registrant:** 254900BPISCYGRJD2727

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1523

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

- **a. Name of Series:** Congress Intermediate Bond ETF

- **b. EDGAR series identifier (if any):** S000087624

- **c. LEI of Series:** 5299003257YYK1YHHK94

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $359242159.66

**Total Liabilities:** $3767569.92

**Net Assets:** $355474589.74

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 17.061175000000 | **1-Year:** 23690.855159000000 | **5-Year:** 68148.355067000000 | **10-Year:** 38064.474055000000 | **30-Year:** 456.598415000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253468 | -0.31%               | 1.06%                | -0.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $48486.50                | $-2165864.19                               |
| Month 2  | $-64459.63               | $2592164.46                                |
| Month 3  | $0.00                    | $-1523811.58                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COMCAST CORP                   | Comcast Corp                                 | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   6940000 | PA      | $6896426.59   | 1.94%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA         | BP Capital Markets America Inc               | CUSIP: 10373QBU3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5980909.56   | 1.68%             | 2033-02-13      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                 | Lowe's Cos Inc                               | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   6400000 | PA      | $6010734.59   | 1.69%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL         | NextEra Energy Capital Holdings Inc          | CUSIP: 65339KDJ6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $7027190.94   | 1.98%             | 2030-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO        | Bristol-Myers Squibb Co                      | CUSIP: 110122CP1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   3391000 | PA      | $3272011.30   | 0.92%             | 2029-07-26      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund     | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   9813136 | NS      | $9813136.45   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Credit Auto Owner Trust   | Ford Credit Auto Owner Trust 2023-A          | CUSIP: 344928AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1257802 | PA      | $1258778.24   | 0.35%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin | GM Financial Automobile Leasing Trust 2024-2 | CUSIP: 36269WAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    949851 | PA      | $951590.23    | 0.27%             | 2026-09-21      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC          | Rio Tinto Finance USA PLC                    | CUSIP: 76720AAS5<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   7200000 | PA      | $7308873.65   | 2.06%             | 2030-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP       | Toyota Motor Credit Corp                     | CUSIP: 89236TMF9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   4795000 | PA      | $4911417.61   | 1.38%             | 2029-05-16      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10295000 | PA      | $10272077.56  | 2.89%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $12918750.00  | 3.63%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                         | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6801000 | PA      | $6641151.54   | 1.87%             | 2028-12-20      | Variable      | 3.42%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                          | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   6619000 | PA      | $6736151.67   | 1.89%             | 2028-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                   | Stryker Corp                                 | CUSIP: 863667AY7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3559226.68   | 1.00%             | 2030-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4066000 | PA      | $4020416.32   | 1.13%             | 2029-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                   | CUSIP: 92343VHA5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   6392000 | PA      | $6387262.31   | 1.80%             | 2037-07-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                             | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7129020.27   | 2.01%             | 2028-05-22      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC       | Duke Energy Progress LLC                     | CUSIP: 26442UAG9<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   5750000 | PA      | $5641592.26   | 1.59%             | 2028-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                     | PacifiCorp                                   | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $6926740.31   | 1.95%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7300000 | PA      | $7299429.72   | 2.05%             | 2026-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12309000 | PA      | $12361409.38  | 3.48%             | 2027-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11900000 | PA      | $11980417.94  | 3.37%             | 2028-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CKA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13525000 | PA      | $13543491.24  | 3.81%             | 2027-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14800000 | PA      | $14440406.18  | 4.06%             | 2031-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CLX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13750000 | PA      | $13810156.25  | 3.88%             | 2027-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                      | Amgen Inc                                    | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $7026517.23   | 1.98%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA         | BP Capital Markets America Inc               | CUSIP: 10373QBT6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   6906000 | PA      | $6150422.21   | 1.73%             | 2032-01-12      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | Goldman Sachs Group Inc/The                  | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6810000 | PA      | $7199543.85   | 2.03%             | 2029-10-24      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC              | Kinder Morgan Inc                            | CUSIP: 494553AD2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   6336000 | PA      | $6417786.99   | 1.81%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA           | Mercedes-Benz Finance North America LLC      | CUSIP: 58769JBG1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7100957.43   | 2.00%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11279000 | PA      | $11479026.07  | 3.23%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9016000 | PA      | $9121304.09   | 2.57%             | 2031-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                       | AT&T Inc                                     | CUSIP: 00206RJY9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   6928000 | PA      | $6263013.15   | 1.76%             | 2031-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD       | BHP Billiton Finance USA Ltd                 | CUSIP: 055451BE7<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |   6515000 | PA      | $6673835.44   | 1.88%             | 2033-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T | Honda Auto Receivables 2023-2 Owner Trust    | CUSIP: 437927AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3856390 | PA      | $3866355.79   | 1.09%             | 2027-11-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                     | Intel Corp                                   | CUSIP: 458140BQ2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   5875000 | PA      | $5796001.81   | 1.63%             | 2027-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA           | Mercedes-Benz Finance North America LLC      | CUSIP: 58769JBA4<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2900361.32   | 0.82%             | 2029-11-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CHZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10016000 | PA      | $10315697.55  | 2.90%             | 2030-09-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $11238906.25  | 3.16%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Tr | World Omni Auto Receivables Trust 2025-B     | CUSIP: 98164TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3497601.80   | 0.98%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Government National Mortgage Association     | CUSIP: 38384MFA0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3711352 | PA      | $3730986.15   | 1.05%             | 2047-08-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL        | Honeywell International Inc                  | CUSIP: 438516CY0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |   5750000 | PA      | $5816903.55   | 1.64%             | 2030-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond             | CUSIP: 91282CMF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $15116015.70  | 4.25%             | 2028-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac REMICS                           | CUSIP: 3137HDKU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9299346 | PA      | $9308081.36   | 2.62%             | 2044-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA        | Hyundai Capital America                      | CUSIP: 44891ADM6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5099380.60   | 1.43%             | 2030-01-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| IBM CORP                       | International Business Machines Corp         | CUSIP: 459200KA8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   6785000 | PA      | $6577302.94   | 1.85%             | 2029-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY         | ConocoPhillips Co                            | CUSIP: 20826FBJ4<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |   4870000 | PA      | $4922002.20   | 1.38%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-26

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Craig Benton

**Name of Signer:** Craig Benton

**Title:** Treasurer/Principal Financial Officer