# EDGAR Filing Document

**Accession Number:** 0001722478
**File Stem:** 0001387131-23-003703
**Filing Date:** 2023-3
**Character Count:** 3748
**Document Hash:** e62b4e9f5bba5f5267153f4ec9bc6b79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-003703.hdr.sgml**: 20230321

**ACCESSION NUMBER**: 0001387131-23-003703

**CONFORMED SUBMISSION TYPE**: 24F-2NT

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230321

**DATE AS OF CHANGE**: 20230321

**EFFECTIVENESS DATE**: 20230321

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PPM Funds
- **CENTRAL INDEX KEY:** 0001722478
- **IRS NUMBER:** 363714794
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 24F-2NT
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-221579
- **FILM NUMBER:** 23747991

**BUSINESS ADDRESS:**
- **STREET 1:** 225 WEST WACKER DRIVE
- **STREET 2:** SUITE 1200
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3126342500

**MAIL ADDRESS:**
- **STREET 1:** 225 WEST WACKER DRIVE
- **STREET 2:** SUITE 1200
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Series and Classes Contracts Data

### PPM Core Plus Fixed Income Fund (Series ID: S000061235)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| PPM Core Plus Fixed Income Fund (Inst) | C000198333 |

---

### PPM High Yield Core Fund (Series ID: S000061238)

---

|  |  |
|:---|:---|
| Class Name                      | Class ID   |
| PPM High Yield Core Fund (Inst) | C000198336 |

---

## Series and Classes Contracts Data

### PPM Core Plus Fixed Income Fund (Series ID: S000061235)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000198333 | PPM Core Plus Fixed Income Fund (Inst) |  |

### PPM High Yield Core Fund (Series ID: S000061238)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000198336 | PPM High Yield Core Fund (Inst) |  |

## FORM 24F-2NT: Annual Notice of Securities Sold Pursuant to Rule 24f-2

### 24F-2NT: Filer Information

**Filer CIK:** 0001722478

**Is this a LIVE or TEST Filing?:** LIVE

**Filer Investment Company Type:** N-1A

### 24F-2NT: Annual Filing Information

**1. Name and address of issuer:**

- **Name of Issuer:** PPM Funds

- **Address:** 225 West Wacker Drive, Chicago, IL 60606

**2. The Name and EDGAR Identifier of each series or class of securities for which this Form is filed:**

- [ ] Check box if the Form is being filed for all series and classes of the issuer.

**3. Investment Company Act File Number:** 811-23308

   **Securities Act File Number:** 333-221579

**4(a). Last day of fiscal year for which this Form is filed:** 12/31/2022

**4(b). Check box if this Form is being filed late:** [ ]

**4(c). Check box if this is the last time the issuer will be filing this Form:** [ ]

**5. Calculation of registration fee:**

- **(i) Aggregate sale price of securities sold during the fiscal year:** $8097473.00

- **(ii) Aggregate price of securities redeemed or repurchased during the fiscal year:** $5006756.00

- **(iii) Aggregate price of securities redeemed or repurchased during any prior fiscal year:** $109406257.00

- **(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]:** $114413013.00

- **(v) Net sales:** $0.00

- **(vi) Redemption credits available for use in future years:** $-106315540.00

- **(vii) Multiplier for determining registration fee:** 0.0001102

- **(viii) Registration fee due:** $0.00

- **7. Interest due -- if this Form is being filed more than 90 days after the end of the issuer's fiscal year:** $0.00

- **8. Total of the amount of the registration fee due plus any interest due:** $0.00

**Signatures**

**Name and Title:** Vice President, Principal Financial Officer and Treasurer

**Date:** 03/17/2023

**Signature:** /s/ Daniel W. Koors