# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0001145549-23-002661
**Filing Date:** 2023-1
**Character Count:** 31936
**Document Hash:** a16e5f673e656b2b3001ddc2634d9ba5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-002661.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001145549-23-002661

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUST FOR PROFESSIONAL MANAGERS
- **CENTRAL INDEX KEY:** 0001141819
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 23551483

**BUSINESS ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4147655067

**MAIL ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZODIAC TRUST
- **DATE OF NAME CHANGE:** 20010601

## Series and Classes Contracts Data

### Dearborn Partners Rising Dividend Fund (Series ID: S000040371)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000125410 | Dearborn Partners Rising Dividend Fund - Class A Shares | DRDAX           |
| C000125411 | Dearborn Partners Rising Dividend Fund - Class C Shares | DRDCX           |
| C000125412 | Dearborn Partners Rising Dividend Fund - Class I Shares | DRDIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Dearborn Partners Rising Dividend Fund** | | |
| **Schedule of Investments** | | |
| **November 30, 2022 (Unaudited)** | | |
|  |<br><br>**Shares** |<br><br>**Value** |
| **COMMON STOCKS - 93.32%** | | |
| **Air Freight & Logistics - 1.80%** | | |
| United Parcel Service, Inc. - Class B | 46240 | 8773115 |
| **Banks - 2.02%** |  |  |
| Glacier Bancorp, Inc. | 170555 | 9875135 |
| **Biotechnology - 3.81%** |  |  |
| AbbVie, Inc. | 65100 | 10492818 |
| Gilead Sciences, Inc. | 92000 | 8080360 |
|  |  | 18573178 |
| **Building Products - 1.95%** |  |  |
| Carrier Global Corp. | 215200 | 9537664 |
| **Capital Markets - 5.74%** |  |  |
| BlackRock, Inc. | 13800 | 9880800 |
| Nasdaq, Inc. | 137490 | 9412566 |
| S&P Global, Inc. | 24688 | 8709926 |
|  |  | 28003292 |
| **Chemicals - 3.81%** |  |  |
| Air Products and Chemicals, Inc. | 29786 | 9238426 |
| The Sherwin-Williams Co. | 37500 | 9344250 |
|  |  | 18582676 |
| **Commercial Services & Supplies - 2.38%** |  |  |
| Republic Services, Inc. | 83500 | 11630715 |
| **Diversified Telecommunication Services - 0.94%** |  |  |
| Verizon Communications, Inc. | 117100 | 4564558 |
| **Electric Utilities - 2.69%** |  |  |
| NextEra Energy, Inc. | 155116 | 13138325 |
| **Food & Staples Retailing - 4.30%** |  |  |
| Casey's General Stores, Inc. | 45500 | 11057410 |
| Costco Wholesale Corp. | 18450 | 9949163 |
|  |  | 21006573 |
| **Food Products - 1.47%** |  |  |
| McCormick & Co., Inc. | 84419 | 7190810 |
| **Gas Utilities - 2.52%** |  |  |
| Atmos Energy Corp. | 102300 | 12296460 |
| **Health Care Equipment & Supplies - 4.80%** |  |  |
| Abbott Laboratories | 72500 | 7799550 |
| Becton Dickinson and Co. | 26708 | 6659373 |
| STERIS plc (a) | 48327 | 8976257 |
|  |  | 23435180 |
| **Hotels, Restaurants & Leisure - 1.83%** |  |  |
| McDonald's Corp. | 32793 | 8945602 |
| **Household Products - 1.32%** |  |  |
| Kimberly-Clark Corp. | 47500 | 6442425 |
| **Insurance - 3.99%** |  |  |
| Arthur J. Gallagher & Co. | 97870 | 19486896 |
| **IT Services - 8.77%** |  |  |
| Accenture plc (a) | 30454 | 9164522 |
| Automatic Data Processing, Inc. | 48500 | 12810790 |
| Fidelity National Information Services, Inc. | 49000 | 3556420 |
| Jack Henry & Associates, Inc. | 41235 | 7807847 |
| MasterCard, Inc. - Class A | 26510 | 9448164 |
|  |  | 42787743 |
| **Machinery - 3.90%** |  |  |
| Illinois Tool Works, Inc. | 37598 | 8552417 |
| Snap-on, Inc. | 43510 | 10468506 |
|  |  | 19020923 |
| **Multiline Retail - 1.89%** |  |  |
| Dollar General Corp. | 36000 | 9204480 |
| **Multi-Utilities - 1.82%** |  |  |
| WEC Energy Group, Inc. | 89357 | 8858853 |
| **Oil, Gas & Consumable Fuels - 6.40%** |  |  |
| EOG Resources, Inc. | 101700 | 14434281 |
| Exxon Mobil Corp. | 150786 | 16788513 |
|  |  | 31222794 |
| **Pharmaceuticals - 1.76%** |  |  |
| Merck & Co., Inc. | 77920 | 8580550 |
| **Road & Rail - 1.78%** |  |  |
| Union Pacific Corp. | 39990 | 8695026 |
| **Semiconductors & Semiconductor Equipment - 4.62%** |  |  |
| Analog Devices, Inc. | 72499 | 12463303 |
| QUALCOMM, Inc. | 79909 | 10107689 |
|  |  | 22570992 |
| **Software - 3.61%** |  |  |
| Intuit, Inc. | 21500 | 8763185 |
| Microsoft Corp. | 34700 | 8853358 |
|  |  | 17616543 |
| **Specialty Retail - 4.45%** |  |  |
| Home Depot, Inc. | 30000 | 9719700 |
| Tractor Supply Co. | 53000 | 11994430 |
|  |  | 21714130 |
| **Technology Hardware, Storage & Peripherals - 4.76%** |  |  |
| Apple, Inc. | 156888 | 23224131 |
| **Trading Companies & Distributors - 4.19%** |  |  |
| Fastenal Co. | 188270 | 9697788 |
| Watsco, Inc. | 40000 | 10759200 |
|  |  | 20456988 |
| TOTAL COMMON STOCKS (Cost $278,199,947) |  | 455435757 |
| **REAL ESTATE INVESTMENT TRUSTS - 4.37%** |  |  |
| American Tower Corp. | 36300 | 8031375 |
| Digital Realty Trust, Inc. | 48000 | 5398080 |
| Equinix, Inc. | 11460 | 7914849 |
| TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $18,321,940) |  | 21344304 |
| **SHORT-TERM INVESTMENTS - 2.13%** |  |  |
| Fidelity Investments Money Market Funds - Government Portfolio - Class I (b) | 10375876 | 10375876 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $10,375,876) |  | 10375876 |
| **Total Investments (Cost $306,897,763) - 99.82%** |  | **487155937** |
| **Other Assets in Excess of Liabilities - 0.18%** |  | **871100** |
| **TOTAL NET ASSETS - 100.00%** |  | $**488027037** |
| Percentages are stated as a percent of net assets. |  |  |

---

---

| |
|:---|
| (a) Foreign issued security. |
| (b) Seven day yield as of November 30, 2022. |
| Abbreviations: |
| plc – public limited company is a publicly traded company which signifies that shareholders have limited liability. |
| The Global Industry Classification Standard (GICS<sup>®</sup>) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's |
| Financial Services LLC ("S&P"). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC. |

---

------

---

| |
|:---|
| Significant Accounting Policies |
| The following is a summary of significant accounting policies consistently followed by the Fund in the preparation of the financial statements. These policies are in |
| conformity with generally accepted accounting principles in the United States of America ("GAAP"). |
| Investment Valuation |
| Each security owned by the Fund that is listed on a securities exchange is valued at its last sale price on that exchange on the date as of which |
| assets are valued. When the security is listed on more than one exchange, the Fund will use the price of the exchange that the Fund generally |
| considers to be the principal exchange on which the stock is traded. |
| Portfolio securities listed on the NASDAQ Stock Market, Inc. ("NASDAQ") will be valued at the NASDAQ Official Closing Price ("NOCP"), which may |
| not necessarily represent the last sale price. If there has been no sale on such exchange or on NASDAQ on such day, the security is valued at the |
| mean between the most recent bid and asked prices on such day or the security shall be valued at the latest sales price on the "composite market" |
| for the day such security is being valued. The composite market is defined as a consolidation of the trade information provided by national |
| securities and foreign exchanges and over-the-counter markets as published by an approved pricing service ("Pricing Service"). |
| Debt securities, including short-term debt instruments having a maturity of 60 days or less, are valued at the mean in accordance with prices supplied by an approved |
| Pricing Service. Pricing Services may use various valuation methodologies such as the mean between the bid and the asked prices, matrix pricing and other analytical |
| pricing models as well as market transactions and dealer quotations. If a price is not available from a Pricing Service, the most recent quotation obtained from one or more |
| broker-dealers known to follow the issue will be obtained. Quotations will be valued at the mean between the bid and the offer. Any discount or premium is accreted or |
| amortized using the constant yield to maturity method. Constant yield amortization takes into account the income that is produced on a debt security. |
| This accretion/amortization type utilizes the discount rate used in computing the present value of all future principal and interest payments made by a debt instrument |
| and produces an amount equal to the cost of the debt instrument. |
| Money market funds, demand notes and repurchase agreements are valued at cost. If cost does not represent current market value the securities will be priced at fair value. |
| Redeemable securities issued by open-end, registered investment companies are valued at the NAVs of such companies for purchase and/or redemption orders placed |
| on that day. All exchange-traded funds are valued at the last reported sale price on the exchange on which the security is principally traded. |
| Foreign securities will be priced in their local currencies as of the close of their primary exchange or market or as of the time the Fund calculates its NAV, whichever |
| is earlier. Foreign securities, currencies and other assets denominated in foreign currencies are then translated into U.S. dollars at the exchange rate of such |
| currencies against the U.S. dollar, as provided by an approved pricing service or reporting agency. All assets denominated in foreign currencies will be converted into |
| U.S. dollars using the applicable currency exchange rates as of the close of the NYSE, generally 4:00 p.m. Eastern Time. |
| If market quotations are not readily available, a security or other asset will be valued at its fair value as determined under fair value pricing procedures approved by the |
| Board of Trustees. These fair value pricing procedures will also be used to price a security when corporate events, events in the securities market and/or world events |
| cause the Adviser to believe that a security's last sale price may not reflect its actual fair value. The intended effect of using fair value pricing procedures is to ensure that |
| the Fund is accurately priced. The Board of Trustees will regularly evaluate whether the Fund's fair value pricing procedures continue to be appropriate in light of the |
| specific circumstances of the Fund and the quality of prices obtained through the application of such procedures by the Trust's valuation committee. |
| FASB Accounting Standards Codification, "Fair Value Measurements and Disclosures" Topic 820 ("ASC 820"), establishes an authoritative definition of fair |
| value and sets out a hierarchy for measuring fair value. ASC 820 requires an entity to evaluate certain factors to determine whether there has been a significant decrease in |
| volume and level of activity for the security such that recent transactions and quoted prices may not be determinative of fair value and further analysis and adjustment may |
| be necessary to estimate fair value. ASC 820 also requires enhanced disclosures regarding the inputs and valuation techniques used to measure fair value in those |
| instances as well as expanded disclosure of valuation levels for each class of investments. These inputs are summarized in the three broad levels listed below: |
| Level 1 - Quoted prices in active markets for identical securities. |
| Level 2 - Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| Level 3 - Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments.) |
| The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The following is a |
| summary of the inputs used to value the Fund's investments carried at fair value as of November 30, 2022. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1 | Level 2 | Level 3 | Total |
| Common Stocks <sup>(1)</sup> | $455435757 | $- | $- | $455435757 |
| Real Estate Investment Trusts | 21344304 | - | - | 21344304 |
| Short-Term Investments | 10375876 | - | - | 10375876 |
| **Total Investments in Securities** | $487155937 | $- | $- | $487155937 |

---

---

| |
|:---|
| (1) See the Schedule of Investments for industry classifications. |
| The Fund measures Level 3 activity as of the end of the period. For the period ended November 30, 2022, the Fund did not have any |
| significant unobservable inputs (Level 3 securities) used in determining fair value. Therefore, a reconciliation of assets in which significant |
| unobservable inputs (Level 3) were used in determining fair value is not applicable. |
| The Fund did not hold financial derivative instruments during the reporting period. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Trust for Professional Managers

- **b. Investment Company Act file number:** 811-10401

- **c. CIK number of Registrant:** 0001141819

- **d. LEI of Registrant:** 549300O1N816L3GGRD45

- **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:** 513-629-8104

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

- **a. Name of Series:** Dearborn Partners Rising Dividend Fund

- **b. EDGAR series identifier (if any):** S000040371

- **c. LEI of Series:** 254900GN27FEVNU4MO04

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $488498138.88

**Total Liabilities:** $719260.62

**Net Assets:** $487778878.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000125410 | -8.73%               | 8.35%                | 6.60%                |
| Class ID C000125411 | -8.81%               | 8.32%                | 6.51%                |
| Class ID C000125412 | -8.74%               | 8.39%                | 6.59%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-40757993.31                              |
| Month 2  | $-6354876.12             | $41326339.44                               |
| Month 3  | $0.00                    | $29742925.43                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Arthur J Gallagher & Co        | Arthur J Gallagher & Co                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     97870 | NS      | $19486895.70  | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     92000 | NS      | $8080360.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc            | Glacier Bancorp Inc                        | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |    170555 | NS      | $9875134.50   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc    | Jack Henry & Associates Inc                | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     41235 | NS      | $7807847.25   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     30000 | NS      | $9719700.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc        | Illinois Tool Works Inc                    | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     37598 | NS      | $8552417.06   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     21500 | NS      | $8763185.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp            | Kimberly-Clark Corp                        | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     47500 | NS      | $6442425.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     26510 | NS      | $9448164.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD          | McCormick & Co Inc/MD                      | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     84419 | NS      | $7190810.42   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     32793 | NS      | $8945602.47   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     77920 | NS      | $8580550.40   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     34700 | NS      | $8853358.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    137490 | NS      | $9412565.40   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                         | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    155116 | NS      | $13138325.20  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     79909 | NS      | $10107689.41  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc          | Republic Services Inc                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     83500 | NS      | $11630715.00  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     24688 | NS      | $8709926.40   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     37500 | NS      | $9344250.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                    | Snap-on Inc                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     43510 | NS      | $10468506.00  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co              | Tractor Supply Co                          | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     53000 | NS      | $11994430.00  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     39990 | NS      | $8695025.70   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc      | United Parcel Service Inc                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     46240 | NS      | $8773115.20   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    117100 | NS      | $4564558.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc           | WEC Energy Group Inc                       | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     89357 | NS      | $8858852.98   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                     | Watsco Inc                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     40000 | NS      | $10759200.00  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     30454 | NS      | $9164522.22   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                     | STERIS PLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     48327 | NS      | $8976256.98   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     72500 | NS      | $7799550.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     65100 | NS      | $10492818.00  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc | Air Products and Chemicals Inc             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     29786 | NS      | $9238425.76   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp            | American Tower Corp                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     36300 | NS      | $8031375.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     72499 | NS      | $12463303.09  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    156888 | NS      | $23224130.64  | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp              | Atmos Energy Corp                          | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |    102300 | NS      | $12296460.00  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc  | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     48500 | NS      | $12810790.00  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson and Co        | Becton Dickinson and Co                    | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     26708 | NS      | $6659372.72   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Inc                  | BlackRock Inc                              | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |     13800 | NS      | $9880800.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    215200 | NS      | $9537664.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     45500 | NS      | $11057410.00  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     18450 | NS      | $9949162.50   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc       | Digital Realty Trust Inc                   | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     48000 | NS      | $5398080.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp            | Dollar General Corp                        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     36000 | NS      | $9204480.00   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    101700 | NS      | $14434281.00  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                    | Equinix Inc                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     11460 | NS      | $7914849.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    150786 | NS      | $16788513.24  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                    | Fastenal Co                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    188270 | NS      | $9697787.70   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio  | Fidelity Government Portfolio              | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10430848 | NS      | $10430848.01  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information  | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     49000 | NS      | $3556420.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-21

**Name of Applicant:** Trust for Professional Managers

**Signature:** /s/ John Buckel

**Name of Signer:** John Buckel

**Title:** President