# EDGAR Filing Document

**Accession Number:** 0001026977
**File Stem:** 0001752724-23-049836
**Filing Date:** 2023-3
**Character Count:** 891995
**Document Hash:** b93a82f9339c48fe15be6c46f1dda57d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049836.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049836

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITY NATIONAL ROCHDALE FUNDS
- **CENTRAL INDEX KEY:** 0001026977
- **IRS NUMBER:** 911766001
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07923
- **FILM NUMBER:** 23691655

**BUSINESS ADDRESS:**
- **STREET 1:** 400 NORTH ROXBURY DRIVE
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90210
- **BUSINESS PHONE:** (800) 708-8881

**MAIL ADDRESS:**
- **STREET 1:** 400 NORTH ROXBURY DRIVE
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** City National Rochdale Funds
- **DATE OF NAME CHANGE:** 20130910

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CNI CHARTER FUNDS
- **DATE OF NAME CHANGE:** 19990503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BERKELEY FUNDS TRUST
- **DATE OF NAME CHANGE:** 19980319

## Series and Classes Contracts Data

### City National Rochdale Municipal High Income Fund (Series ID: S000043469)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000134824 | Class N         | CNRNX           |
| C000134825 | Servicing Class | CNRMX           |

## Nport-Ex

Schedule of Investments

*December 31, 2022 (Unaudited)*

City National Rochdale Government Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **U.S. Treasury Obligations [50.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 08/15/25 | $500 | $486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 09/30/23 | 350 | 346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 08/31/23 | 1055 | 1042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 08/31/25 | 600 | 577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 12/31/25 | 1000 | 957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 05/31/27 | 1250 | 1180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 04/30/26 | 330 | 312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 08/31/24 | 805 | 770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 07/31/24 | 800 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 10/31/26 | 1000 | 896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.625%, 10/15/24 | 1000 | 934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.625%, 07/31/26 | 1000 | 885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Treasury Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $9,752) |  | 9150 |
| **U.S. Government Agency Obligations [38.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FFCB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.200%, 10/02/23 | 1250 | 1206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 09/06/24 | 1400 | 1359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 02/05/24 | 1445 | 1411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.125%, 04/24/26 | 955 | 896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.625%, 01/07/25 | 1280 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tennessee Valley Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 09/15/24 | 1000 | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Government Agency Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $7,430) |  | 7052 |
| **U.S. Government Mortgage-Backed Obligations [7.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Ser 2016-4635, Cl EG, Pool FHR 4635 EG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 12/15/46 | 870 | 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AS4877 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 04/01/30 | 491 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA ARM, Pool 766620 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.546%, ICE LIBOR USD 12 Month + 1.677%, 03/01/34(A) | 25 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA, Pool 497411 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/29 | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA ARM, Pool G2 81318 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.500%, 04/20/35(A) | 34 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA ARM, Pool G2 81447 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.500%, 08/20/35(A) | 9 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Government Mortgage-Backed Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,447) |  | 1344 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Short-Term Investment [3.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Cl F, 3.810%\* \*\* | 616537 | $617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $617) |  | 617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $19,246) |  | $18163 |

---

Percentages are based on Net Assets of $18,245 (000).

\* Non-income producing security.

\*\* The rate reported is the 7-day effective yield as of December 31, 2022.

(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

---

| |
|:---|
| ARM — Adjustable Rate Mortgage |
| Cl — Class |
| FFCB — Federal Farm Credit Bank |
| FHLMC — Federal Home Loan Mortgage Corporation |
| FNMA — Federal National Mortgage Association |
| GNMA — Government National Mortgage Association |
| ICE — Intercontinental Exchange |
| LIBOR — London Interbank Offered Rates |
| Ser — Series |
| USD — United States Dollar |

---

The following is a list of the inputs used as of December 31, 2022 in valuing the Fund's investments carried at value (000):

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investments in Securities | Level 1 | Level 2 | Level 3 | Total |
| U.S. Treasury Obligations | $— | $9150 | $— | $9150 |
| U.S. Government Agency Obligations |  | 7052 |  | 7052 |
| U.S. Government Mortgage-Backed Obligations |  | 1344 |  | 1344 |
| Short-Term Investment | 617 |  |  | 617 |
| Total Investments in Securities | $617 | $17546 | $— | $18163 |

---

Amounts designated as "—" are $0 or have been rounded to $0.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Corporate Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Corporate Bonds [92.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [2.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/26 | $2600 | $2563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks [8.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BPCE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/15/24 | 1800 | 1770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/04/25 | 1500 | 1465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 01/11/23(A) | 2250 | 2249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 09/09/24 | 2500 | 2426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Banks** |  | 7910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [2.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comcast |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/15/24 | 2500 | 2463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dow Chemical |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 11/30/25 | 148 | 147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computer System Design & Services [3.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 05/06/24 | 3450 | 3388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Drugs [2.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AbbVie |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.600%, 11/21/24 | 2500 | 2393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric Utilities [5.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 08/15/27 | 1575 | 1456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exelon |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 03/15/27(A) | 2000 | 1836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Georgia Power |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 04/01/26 | 2200 | 2077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Electric Utilities** |  | 5369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Enterprise Software/Services [2.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 04/01/25 | 2250 | 2121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 11/06/25 | 2500 | 2469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage & Tobacco [9.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anheuser-Busch |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 02/01/26 | 2250 | 2167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 09/06/24 | 2500 | 2384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Mills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 02/10/27 | 2500 | 2364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PepsiCo |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 03/19/25 | 2600 | 2474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Food, Beverage & Tobacco** |  | 9389 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [1.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penske Truck Leasing LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 07/01/24(A) | $1500 | $1449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [2.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/15/27 | 2000 | 1977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Products & Services [4.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 09/15/25 | 2355 | 2310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/01/24 | 2500 | 2459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Medical Products & Services** |  | 4769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical-HMO [3.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 06/15/28 | 3000 | 2878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Petroleum & Fuel Products [9.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.050%, 03/15/25 | 2000 | 1939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EOG Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 03/15/23 | 2520 | 2510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.275%, 08/16/26 | 2500 | 2318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shell International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/10/26 | 2500 | 2358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Petroleum & Fuel Products** |  | 9125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmacy Services [1.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVS Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 06/01/26 | 2000 | 1869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Investment Trusts [2.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prologis |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 10/01/26 | 2500 | 2350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail [2.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AutoZone |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 04/21/26 | 2250 | 2128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Security Brokers & Dealers [20.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.746%, 05/28/25 | 2600 | 2433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/22/26 | 2500 | 2418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.338%, ICE LIBOR USD 3 Month + 1.356%, 05/16/24(B) | 2250 | 2235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 07/08/24 | 2500 | 2448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/01/26 | 3000 | 2847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 07/27/26 | 3000 | 2802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.519%, ICE LIBOR USD 3 Month + 1.550%, 06/25/24(B) | 2300 | 2279 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Corporate Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)/Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.402%, 09/17/26 | $2250 | $1962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Security Brokers & Dealers** |  | 19424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Materials |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 10/01/25 | 2600 | 2544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telephones & Telecommunications [2.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 08/15/26 | 2500 | 2310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Corporate Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $95,914) |  | 89035 |
| **Affiliated Registered Investment Company [3.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City National Rochdale Fixed Income Opportunities Fund, Cl N‡ | 157077 | 2898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Affiliated Registered Investment Company** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $4,000) |  | 2898 |
| **U.S. Treasury Obligation [2.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 07/31/24 | 2000 | 1951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Treasury Obligation** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,990) |  | 1951 |
| **Short-Term Investment [2.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SEI Daily Income Trust Government Fund, Cl F, 3.810%\* \*\* | 2053599 | 2054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,054) |  | 2054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $103,958) |  | $95938 |

---

Percentages are based on Net Assets of $96,683 (000).

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of December 31, 2022. |
| ‡ | Investment in Affiliate. |
| (A) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2022, the value of these securities amounted to $5,534 (000), representing 5.7% of the net assets of the Fund. |
| (B) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |

---

---

| |
|:---|
| Cl — Class |
| ICE — Intercontinental Exchange |
| LIBOR — London Interbank Offered Rate |
| LP — Limited Partnership |
| MTN — Medium Term Note |
| Ser — Series |
| USD — United States Dollar |

---

The following is a list of the inputs used as of December 31, 2022 in valuing the Fund's investments carried at value (000):

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investments in Securities | Level 1 | Level 2 | Level 3 | Total |
| Corporate Bonds | $— | $89035 | $— | $89035 |
| Affiliated Registered Investment Company | 2898 |  |  | 2898 |
| U.S. Treasury Obligation |  | 1951 |  | 1951 |
| Short-Term Investment | 2054 |  |  | 2054 |
| Total Investments in Securities | $4952 | $90986 | $— | $95938 |

---

The following is a summary of the transactions with affiliates for the period ended

December 31, 2022 (000):

---

| | |
|:---|:---|
|  | City National Rochdale Fixed Income Opportunities Fund, Class N |
| Beginning balance as of 09/30/22 | $2922 |
| Purchases at Cost |  |
| Proceeds from Sales |  |
| Realized Gain (Loss) |  |
| Unrealized Gain (Loss) | $(24) |
| Ending balance as of 12/31/22 | $2898 |
| Dividend Income |  |

---

---

| | | |
|:---|:---|:---|
|  | City National Rochdale Fixed Income Opportunities Fund, Class N (Shares) | City National Rochdale Fixed Income Opportunities Fund, Class N (Shares) |
| Beginning balance as of 09/30/22 |  | 157077 |
| Purchases |  |  |
| Sales |  |  |
| Ending balance as of 12/31/22 | | 157,077 |

---

Amounts designated as "—" are $0 or have been rounded to $0.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Schedule of Investments

*December 31, 2022 (Unaudited)*

City National Rochdale California Tax Exempt Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Municipal Bonds [98.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Alabama [1.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser C-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/01/53(A) | $500 | $521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**California [96.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anaheim Housing & Public Improvements Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/29 | 290 | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bay Area Toll Authority, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/24(B) | 140 | 146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brea, Redevelopment Agency Successor, Redevelopment Project, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/25 | 550 | 557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California County, Tobacco Securitization Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/30 | 300 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State University, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/26 | 180 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State University, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/31 | 170 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/01/53(A) | 500 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/52(A) | 500 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Department of Water Resources, Ser AX, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/29 | 520 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/26 | 1000 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/26 | 1000 | 1020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/27 | 500 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/31 | 500 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/33 | 575 | 682 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/33 | $500 | $535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Health Facilities Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/39(A) | 575 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Health Facilities Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/25 | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Health Facilities Financing Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/25 | 665 | 671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Health Facilities Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/27 | 650 | 722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Infrastructure & Economic Development Bank, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/01/28 | 175 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Infrastructure & Economic Development Bank, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/23 | 1150 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/23 | 200 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, RB, BAM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/29 | 300 | 326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Works Board, Judicial Council, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/23 | 475 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Works Board, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/25 | 1510 | 1605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Works Board, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/25 | 245 | 261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Works Board, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/28 | 500 | 548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Works Board, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/28 | 800 | 879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, Cottage Health System, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/24(B) | 350 | 364 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2022 (Unaudited)*

City National Rochdale California Tax Exempt Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/26(B) | $550 | $591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, University Systemwide Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/24 | 990 | 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, University Systemwide Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/27 | 350 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, University Systemwide Revenue, Ser B-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 11/01/47(A) | 1000 | 930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chino Basin Regional Financing Authority, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/31 | 250 | 291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East Bay, Municipal Utility District, Water System Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/29 | 850 | 900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;El Dorado Irrigation District, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/32 | 235 | 268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fairfield-Suisun Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/31 | 145 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State Tobacco Securitization, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/27(B) | 500 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Irvine, Improvement Board, TA, BAM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/02/31 | 710 | 742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long Beach, Harbor Revenue, Ser A, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/27 | 500 | 537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long Beach, Unified School District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/26 | 1000 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles County, Metropolitan Transportation Authority Sales Tax Revenue, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/31 | 270 | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles County, Metropolitan Transportation Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/26 | 250 | 271 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Airports, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/32 | $105 | $120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Airports, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/25 | 660 | 696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Airports, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/33 | 125 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Airports, Sub-Ser, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/29 | 400 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Water & Power, Power System Project, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/23 | 580 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Water & Power, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/27 | 510 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Department of Water & Power, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/30 | 175 | 192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Sanitation Districts Financing Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/28 | 525 | 560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Unified School District, Ser B-1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/30 | 145 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Los Angeles, Wastewater System Revenue, Sub-Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/30 | 145 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marin Municipal Water District, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/32 | 430 | 507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Water District of Southern California, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/31 | 260 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Modesto Irrigation District, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/31 | 105 | 123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orange County, Redevelopment Agency Successor Agency, TA, AGM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/23 | 335 | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Redding, Electric System Revenue, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/24 | 655 | 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Redding, Electric System Revenue, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/25 | 595 | 626 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Schedule of Investments

*December 31, 2022 (Unaudited)*

City National Rochdale California Tax Exempt Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Riverside Community College District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/32 | $360 | $385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Riverside County Transportation Commission Sales Tax Revenue, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/32 | 285 | 317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Riverside County, Infrastructure Financing Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/29 | 520 | 541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Riverside Redevelopment Agency Successor Agency, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/27 | 100 | 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Diego, Association of Governments South Bay Expressway Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/28 | 365 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Dieguito Unified High School District, Ser E-2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/30 | 100 | 110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco Bay Area Rapid Transit District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/33 | 125 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County, Airport Comm-San Francisco International Airport, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/29 | 395 | 424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County, Airport Comm-San Francisco International Airport, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/33 | 500 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County, Earthquake Saftey, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/31 | 100 | 108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County, Public Utilities Commission, Water Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/27 | 500 | 533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County, Public Utilities Commission, Water Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/28 | 500 | 520 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County, Public Utilities Commission, Water Revenue, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/30 | $1040 | $1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Jose, International Airport, Ser A, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/24 | 510 | 519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Jose, Redevelopment Agency Successor Agency, Sub-Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/27 | 125 | 138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Mateo County, Joint Powers Financing Authority, Maple Street Correctional Center, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/26 | 1045 | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santa Clara Valley, Transportation Authority, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/26 | 200 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santa Monica-Malibu Unified School District, Ser B, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/32 | 100 | 108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tahoe-Truckee, Unified School District, Ser B, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/27 | 200 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tahoe-Truckee, Unified School District, Ser B, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/28 | 200 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tobacco Securitization Authority of Northern California, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/29 | 500 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tustin, Unified School District, SPL Tax, BAM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/24 | 525 | 544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of California, Regents of the University of California Medical Center Pooled Revenue, Ser J, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/26 | 110 | 110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Placer Waste Management Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/32 | 100 | 118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westlands, Water District, Ser A, RB, AGM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/27 | 1035 | 1120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total California** |  | 40195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Municipal Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $41,466) |  | 40716 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 3

Schedule of Investments

*December 31, 2022 (Unaudited)*

City National Rochdale California Tax Exempt Bond Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Short-Term Investment [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SEI Daily Income Trust Government Fund, Cl F, 3.810%\* \*\* | 490114 | $490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $490) |  | 490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $41,956) |  | $41206 |

---

Percentages are based on Net Assets of $41,545 (000).

\* Non-income producing security.

\*\* The rate reported is the 7-day effective yield as of December 31, 2022.

(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(B) Pre-Refunded Security — The maturity date shown is the pre-refunded date.

---

| |
|:---|
| AGM — Assured Guarantee Municipal |
| AMT — Alternative Minimum Tax (subject to) |
| BAM — Build America Mutual |
| Cl — Class |
| GO — General Obligation |
| RB — Revenue Bond |
| Ser — Series |
| SPL Tax — Special Tax |
| TA — Tax Allocation |

---

The following is a list of the inputs used as of December 31, 2022 in valuing the Fund's investments carried at value (000):

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investments in Securities | Level 1 | Level 2 | Level 3 | Total |
| Municipal Bonds | $— | $40716 | $— | $40716 |
| Short-Term Investment | 490 |  |  | 490 |
| Total Investments in Securities | $490 | $40716 | $— | $41206 |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 4

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Municipal Bonds [96.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Alabama [1.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser B-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/53(A) | $1000 | $983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson County, Sewer Revenue, Ser D, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/23 @ 105 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/01/42 | 9000 | 9595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson County, Sewer Revenue, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/23 @ 105 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/01/46 | 2500 | 2555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southeast Energy Authority A Cooperative District, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/01/53(A) | 1500 | 1588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southeast Energy Authority A Cooperative District, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/51(A) | 5000 | 4822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuscaloosa County, Industrial Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/32(B) | 2564 | 2316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Alabama** |  | 21859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Alaska [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northern Tobacco Securitization, Ser A-CLASS, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/50 | 3500 | 2953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Arizona [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/54 | 375 | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/51(B) | 500 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/15/51(B) | 650 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/56(B) | 225 | 160 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/30(B) | $600 | $566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/40(B) | 925 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, Ser A-SOCIAL, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/51 | 500 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glendale, Industrial Development Authority, Glencroft Retirement Community, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/46 | 1000 | 715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glendale, Industrial Development Authority, Glencroft Retirement Community, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/51 | 1850 | 1282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glendale, Industrial Development Authority, Glencroft Retirement Community, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/36 | 600 | 462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix, Civic Improvement, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/45 | 250 | 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix, Industrial Development Authority, Legacy Traditional School Projects, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/01/24(B) | 590 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix, Industrial Development Authority, Legacy Traditional School Projects, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/45(B) | 3300 | 2982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pima County, Industrial Development Authority, Noah Webster School Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/15/43 | 1500 | 1530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tempe, Industrial Development Authority, Mirrabella at ASU Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 10/01/52(B) | 1200 | 1031 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yavapai County, Industrial Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/34(B) | $2015 | $1946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Arizona** |  | 13770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Arkansas [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arkansas State, Development Finance Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/01/49(B) | 4750 | 4137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**California [6.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California County, Tobacco Securitization Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/49 | 1000 | 854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California County, Tobacco Securitization Agency, Sub-Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/23 @ 22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/46(C) | 10000 | 2238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/01/57(B) | 12500 | 7659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, Ser B-1-GREEN, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/31 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/01/52(A) | 3750 | 3690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Housing Agency, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/49(B) | 4500 | 4060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, California Baptist University, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/01/45(B) | 4000 | 4027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/52 | 875 | 864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/36(B) | 2370 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/01/36 | 255 | 257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/46(B) | 625 | 600 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/47 | $1005 | $1009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/54(B) | 875 | 821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB, AGM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/01/52 | 1000 | 1054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser D, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/01/42 | 2000 | 2069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, Calplant I Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 07/01/39(B) (D) | 5000 | 2500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/01/32(B) (D) | 1275 | 739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, KIPP LA Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/47(B) | 500 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 08/01/42(B) | 500 | 525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/30(B) | 70 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/01/49 | 1120 | 1128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 10/01/44 | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 10/01/34 | 575 | 578 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/58(B) | $1500 | $1510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/43(B) | 500 | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/44 | 7380 | 7383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Basin, Municipal Water District, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/28(E) | 2000 | 2232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Community Facilities District No. 2016-1, Ser 2021, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/46 | 915 | 790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Community Facilities District No. 2016-1, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/42(B) | 2250 | 2014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Infrastructure & Revitalization Fing Dist No. 1, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/52(B) | 1320 | 1260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Special Tax District No. 2020-1, Ser B, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/49(B) | 5000 | 3513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMFA Special Finance Agency VII, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/01/56(B) | 11295 | 7395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 07/01/56(B) | 500 | 334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/47(B) | 3840 | 2808 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, Ser A-SENIOR, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 09/01/56(B) | $2000 | $1261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State, Tobacco Securitization, Sub-Ser B-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/31 @ 28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/66(C) | 20000 | 2320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State, Tobacco Securitization, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 06/01/50 | 4500 | 3978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inland Empire, Tobacco Securitization Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/23 @ 42 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/36(C) | 12500 | 5217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orange County, Community Facilities District, Ser A, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/29 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/47 | 3300 | 3331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orange County, Community Facilities District, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/47 | 1000 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total California** |  | 85235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Colorado [9.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9th Avenue Metropolitan District No. 2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/48 | 1000 | 873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amber Creek, Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/47 | 1041 | 925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amber Creek, Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/37 | 715 | 672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banning Lewis Ranch Metropolitan District No. 8, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 12/01/51(B) | 3500 | 2648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base Village Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/46 | 3055 | 3042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighton Crossing Metropolitan District No. 4, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/37 | 525 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighton Crossing Metropolitan District No. 4, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/47 | 1720 | 1572 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 3

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighton Crossing Metropolitan District No. 6, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | $525 | $490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighton Crossing Metropolitan District No. 6, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/50 | 2680 | 2209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Park North Metropolitan District No. 2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/40(B) | 1100 | 1027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Park North Metropolitan District No. 2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49(B) | 1265 | 1135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/48 | 1500 | 1349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | 730 | 688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buffalo Highlands Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/48 | 1775 | 1635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyons Metropolitan District No. 5, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 12/01/47 | 1000 | 949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyons Metropolitan District No. 5, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/37 | 2000 | 1917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/41 | 515 | 458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51 | 1505 | 1259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of Denver Colorado, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/32 | 2000 | 1967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Creek Station, Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/47 | 1000 | 908 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/46(B) | $1930 | $1811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/36(B) | 915 | 883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Charter School Preparatory School Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/01/25(B) (E) | 2655 | 2790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Charter School Preparatory School Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/01/25(B) (E) | 1515 | 1588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/52 | 1350 | 1067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/01/61 | 500 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/62 | 1590 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/48 | 2800 | 2890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/44 | 1170 | 955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/49 | 3735 | 2942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/58 | 3395 | 2541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A-, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/44 | 4155 | 3582 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 4

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, High Performance Transportation Enterprise, U.S. 36 & I-25 Managed Lanes Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/01/44 | $2000 | $2001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constitution Heights Metropolitan District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 1260 | 1120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cottonwood Highlands Metropolitan District No. 1, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 1400 | 1231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denver, International Business Center Metropolitan District No. 1, Sub-Ser B, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/48 | 2290 | 2223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denver, International Business Center, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/48 | 350 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erie Highlands, Metropolitan District No. 1, GO, BAM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 12/01/45 | 500 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erie Highlands, Metropolitan District No. 1, GO, BAM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 12/01/40 | 900 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erie Highlands, Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/48 | 5725 | 5206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Creek Village Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/39 | 595 | 574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Creek Village Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/49 | 1085 | 984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Creek Village Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 12/01/29 | 500 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fitzsimons Village Metropolitan District No. 3, Ser A-1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 12/01/55 | 1830 | 1256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four Corners Business Improvement District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/52 | 1130 | 1000 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Green Valley Ranch East Metropolitan District No. 6, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/50 | $1195 | $1112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenways Metropolitan District No. 1, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/01/51 | 3685 | 2523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/01/47 | 750 | 594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/40 | 575 | 472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Karl's Farm Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/50(B) | 1900 | 1702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Karl's Farm Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/40(B) | 645 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51 | 1025 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/01/51 | 7335 | 4471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meadowlark Metropolitan District, Ser A-SENIOR-LIMITED, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/50 | 750 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mirabelle Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 1950 | 1695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Holly, Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/48 | 1755 | 1646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Range Metropolitan District No. 3, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/50 | 3000 | 2522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peak Metropolitan District No. 1, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51(B) | 1150 | 974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rampart Range Metropolitan District No. 5, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/41 | 4000 | 3001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regional Transportation District, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/40 | 500 | 447 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 5

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senac South Metropolitan District No. 1, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/51 | $5000 | $4156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Serenity Ridge, Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/23(E) | 550 | 576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Serenity Ridge, Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/23(E) | 1000 | 1047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southglenn, Metropolitan District, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/46 | 3675 | 3361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southlands, Metropolitan District No. 1, Ser A-1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/37 | 500 | 481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southlands, Metropolitan District No. 1, Ser A-1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/47 | 3000 | 2730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spring Hill, Metropolitan District No. 3, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 12/01/52(B) | 5000 | 5009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stone Creek, Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/47 | 2000 | 1906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Creek, Metropolitan District No. 1, Ser A-1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 12/01/51 | 2275 | 1701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Creek, Metropolitan District No. 1, Ser A-1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 12/01/42 | 1640 | 1280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trails at Crowfoot Metropolitan District No. 3, Ser ES, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 3620 | 3188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verve, Metropolitan District No. 1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51 | 5000 | 4263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village at Dry Creek Metropolitan District No. 2, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/01/44 | 1536 | 1253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Villas Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 12/01/48 | 1246 | 1125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 01, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/40 | 545 | 524 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 01, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | $100 | $96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 01, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/33 | 375 | 331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 02, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/40 | 1045 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 02, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/33 | 250 | 221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waterview II Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/41 | 980 | 871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waterview II Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51 | 2500 | 2090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westcreek Metropolitan District No. 2, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/48 | 1300 | 1198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wild Plum Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/24(E) | 595 | 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Willow Bend Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/39 | 600 | 556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Willow Bend Metropolitan District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 1000 | 872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hill Metropolitan District No. 2, Ser A, GO, BAM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/49 | 1500 | 1383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Colorado** |  | 131266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Connecticut [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connecticut State, Health & Educational Facilities Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/45(B) | 500 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connecticut State, Health & Educational Facilities Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/55(B) | 750 | 673 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 6

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steel Point Infrastructure Improvement District, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/51(B) | $1280 | $944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Connecticut** |  | 2082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Delaware [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware State, Economic Development Authority, Ser V, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.250%, 10/01/45(A) | 2000 | 1854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**District of Columbia [0.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;District of Columbia, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/39 | 730 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;District of Columbia, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/49 | 2000 | 1673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Washington, Airports Authority, Dulles Toll Road Revenue, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/01/44 | 2000 | 2226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Washington, Airports Authority, Dulles Toll Road Revenue, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/47 | 1540 | 1562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Washington, Airports Authority, Dulles Toll Road Revenue, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/49 | 4965 | 4285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total District of Columbia** |  | 10413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Florida [6.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alachua County, Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/15/49 | 5190 | 3678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Projects Finance Authority, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/31 | 500 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Projects Finance Authority, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/33 | 500 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Projects Finance Authority, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/34 | 375 | 373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/01/54(B) | 1500 | 1368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/01/39(B) | 1500 | 1412 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/39(B) | $3610 | $3306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/41(B) | 2250 | 1791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/36(B) | 2265 | 1932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/41(B) | 500 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/51(B) | 905 | 661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Monroe Florida Airport Revenue, Ser 202, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/52 | 750 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Osceola Florida Transportation Revenue, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 49 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/01/49(C) | 1325 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Capital Trust Agency, Silver Creek St. Augustine, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/18/21 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 01/01/44 | 3390 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Capital Trust Agency, Silver Creek St. Augustine, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/18/21 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 01/01/49 | 1000 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 06/15/47 | 2750 | 2799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/50(B) | 750 | 670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/35 | 400 | 357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/15/40(B) | 1045 | 947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/15/50(B) | 1950 | 1660 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 7

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/51 | $1750 | $1396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/51 | 780 | 756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/55(B) | 2500 | 1672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/24 @ 107 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 01/01/49(B) | 5000 | 4361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 07/01/57(A)(B) | 3000 | 2991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 105 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/29(B) | 3500 | 3252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/32 | 4345 | 3279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/46(B) | 4930 | 4930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/44(B) | 3000 | 3039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/15/34(B) | 2110 | 2145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/47 | 600 | 578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/50 | 1000 | 953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/52 | 725 | 686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/55 | 1500 | 1401 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/37 | $1810 | $1813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Pinecrest Academy Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/15/44 | 4550 | 4610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Youth CO-OP Charter Schools Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/15/35(B) | 1605 | 1606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid-Bay, Bridge Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/29 | 1660 | 1695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid-Bay, Bridge Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/35 | 5000 | 5058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osceola County, Finance Authority, Poinciana Parkway Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 10/01/24(E) | 5000 | 5225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osceola County, Transportation Revenue, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/49 | 1045 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osceola County, Transportation Revenue, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/54 | 800 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County, Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/32 | 1500 | 1510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County, Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/55 | 2395 | 2097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 10, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/01/44 | 635 | 637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 12, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 05/01/43(B) | 2305 | 2010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 12, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/01/33(B) | 1370 | 1282 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 8

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 12, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 05/01/47 | $2775 | $2254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 14, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 05/01/42 | 2540 | 2503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 8, SAB, AGM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/39 | 2130 | 2175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Florida** |  | 91045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Georgia [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlanta, Department of Aviation, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/31 | 2500 | 2547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cobb County Kennestone Hospital Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/52 | 3365 | 2902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fulton County Residential Care Facilities for the Elderly Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/56(B) | 1520 | 960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gainesville & Hall County, Development Authority, Riverside Military Academy, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/47 | 4000 | 2909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Main Street Natural Gas, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/43 | 600 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Main Street Natural Gas, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/52(A)(B) | 6500 | 6111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockdale County, Development Authority, Pratt Paper Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/38(B) | 1000 | 904 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savannah, Economic Development Authority, Marshes Skidaway Island Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 01/01/24(E) | $810 | $843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Georgia** |  | 17776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Illinois [11.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aurora, Tax Increase Revenue, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/30/27 | 700 | 678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bridgeview Village, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/35 | 2000 | 2010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bridgeview Village, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/43 | 4880 | 4637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/34 | 1000 | 1009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | 1250 | 1258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | 2300 | 2316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser B, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/01/42(B) | 5250 | 5716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser B, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/40 | 2500 | 2141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser D, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/46 | 2300 | 2184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser G, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/34 | 2000 | 2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Midway International Airport, Ser A, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/41 | 485 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Midway International Airport, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/35 | 2000 | 2001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, O'Hare International Airport, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/48 | 4750 | 4839 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 9

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/01/38 | $9000 | $9491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/01/35 | 5000 | 5246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/27 | 1750 | 1811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/30 | 1000 | 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/40 | 1500 | 1487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser C, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/26 | 2000 | 2054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Cook Illinois, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/31 | 2400 | 2559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Columbia College Chicago, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/30 | 1505 | 1493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Presence Health Network, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/36 | 4535 | 4780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Presence Health Network, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/41 | 1000 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 05/15/42 | 1000 | 1031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 05/15/47 | 1000 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 01/01/48(B) | 4330 | 4230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/38 | 250 | 249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/40 | 250 | 245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/41 | 310 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 5595 | 5573 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/51 | $1000 | $822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/52 | 830 | 770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/56 | 515 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/32 | 400 | 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/33 | 350 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/37 | 350 | 308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/38 | 230 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/40 | 4250 | 3884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/41 | 500 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/28 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 04/01/49(B) | 4995 | 4796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/28 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 04/01/38(B) | 2195 | 2135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/38 | 1010 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/49 | 2000 | 1634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser B-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/50(A) | 1500 | 1532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Wesleyan University, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/41 | 6640 | 6039 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 10

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/27 | $6500 | $6568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/31 | 5000 | 5028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/35 | 5000 | 5010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Housing Development Authority, Stonebridge Gurnee Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 01/01/56(B) | 5200 | 3637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/39 | 2000 | 1783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/01/29 | 880 | 828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Romeoville Village, Lewis University, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 10/01/41 | 1250 | 1032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Romeoville Village, Lewis University, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 10/01/46 | 1500 | 1177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Illinois, Development Authority, Collinsville Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 03/01/31 | 75 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/26 | 1000 | 1027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upper Illinois, River Valley Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/43 | 2000 | 2040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Bolingbrook, Special Service Area No. 1, SPL Tax |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/41 | 3500 | 3148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Gilberts, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/34 | 2419 | 2211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Hodgkins, Redevelopment Project Area #4, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/01/37 | 4885 | 4595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/10/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.820%, 01/01/41(B) | 2415 | 2011 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Matteson Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/01/35 | $965 | $975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Villa Park Illinois, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/38 | 1680 | 1184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Illinois** |  | 141835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Indiana [1.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anderson Indiana, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 01/01/40(B) | 2745 | 2240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anderson Indiana, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/25 | 250 | 241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/01/39 | 1750 | 1970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, Ser A-, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 11/01/30 | 2500 | 2413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Housing & Community Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/29 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/01/41(B) | 5750 | 4601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafayette City, Finance Authority, Glasswater Creek Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 01/01/37 | 3310 | 2895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terre Haute, Westminster Village Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 08/01/39 | 2355 | 2117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Indiana** |  | 16477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Iowa [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa State, Finance Authority, Child Serve Project, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/36 | 2000 | 1849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa State, Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/43 | 2000 | 1724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa State, Tobacco Settlement Authority, Sub-Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/65(C) | 14000 | 1510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Iowa** |  | 5083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Kansas [0.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas State, Development Finance Authority, Village Shalom Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/23 @ 104 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/15/38 | 500 | 411 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 11

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas State, Development Finance Authority, Village Shalom Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/23 @ 104 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/53 | $4190 | $2971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Kansas Hospital Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/27(E) | 1330 | 1401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Kansas Hospital Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/42 | 1170 | 1142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wichita City, Masonic Home, Ser II-A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/46 | 1500 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wichita City, Masonic Home, Ser II-A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/36 | 500 | 200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyandotte County, Kansas City Unified Government, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/01/32 | 4080 | 3710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Kansas** |  | 10435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Kentucky [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Trimble Kentucky, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.300%, 09/01/44(A) | 1000 | 844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Kentucky, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 01/01/52(B) | 500 | 442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Economic Development Finance Authority, Masonic Home Independent Living, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/46 | 4500 | 3485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Economic Development Finance Authority, Ser A-, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/44 | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Public Energy Authority, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/49(A) | 2500 | 2482 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Public Transportation Infrastructure Authority, Downtown Crossing Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/01/23(E) | $5650 | $5710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Kentucky** |  | 13965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Louisiana [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Juban Crossing, Economic Development District, General Infrastructure Project, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 09/15/44(B) | 5450 | 4557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 07/01/39(D) | 1435 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 07/01/24(B) (D) | 1319 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, Ser A, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 07/01/39(D) | 3474 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parish of State John the Baptist Louisiana, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.200%, 06/01/37(A) | 4000 | 3681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Louisiana** |  | 8238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Maine [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maine State, Financing Authority, Casella Waste Systems Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/01/35(A)(B) | 1000 | 983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Maryland [2.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore Maryland, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/51 | 800 | 746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore Maryland, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/01/42 | 740 | 692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Harbor Point Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/36 | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 06/01/46(B) | 1370 | 1038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/39(B) | 650 | 514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Sub-Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 06/01/46(B) | 350 | 272 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 12

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Sub-Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 06/01/39(B) | $200 | $161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/36 | 1550 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/29 | 945 | 914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frederick County, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 07/01/39 | 1410 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frederick County, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 07/01/29 | 890 | 812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Annapolis Junction Town Center Project, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.100%, 02/15/44 | 1425 | 1363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Annapolis Junction Town Center Project, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 02/15/34 | 725 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/47(B) | 1250 | 1087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/15/39(B) | 1000 | 907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/40 | 875 | 742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/50 | 875 | 682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Health & Higher Educational Facilities Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/45 | 5000 | 5104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/48(B) | 2000 | 1914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/01/39(B) | 1000 | 967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 07/01/44 | 3780 | 3817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 07/01/39 | 750 | 757 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/01/34 | $1205 | $1217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Maryland** |  | 28143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Massachusetts [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Emmanuel College, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/36 | 2305 | 2328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/51(B) | 2500 | 2013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/56(B) | 1910 | 1502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/43 | 6905 | 6910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/44 | 500 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Western New England University, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/43 | 2000 | 1988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Massachusetts** |  | 15225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Michigan [1.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Detroit City, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/38 | 625 | 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/51(B) | 1505 | 1197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/55 | 3750 | 3015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, Hospital Presbyterian Village, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/35 | 2340 | 2178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, Old Redford School Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/01/40 | 3745 | 3512 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 13

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/40 | $1770 | $1790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Hospital Finance Authority, Ser Senior CR, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/47 | 4000 | 4085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Public Educational Facilities Authority, Old Redford Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/30 | 2000 | 1902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Strategic Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/51(B) | 1000 | 795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Tobacco Settlement Finance Authority, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/58(C) | 28000 | 1095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Michigan** |  | 20194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Minnesota [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anoka, Housing Revenue Authority, Homestead Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/01/35 | 3000 | 2607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bethel, Senior Housing Revenue, Lodge at Lakes at Stillwater Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/58 | 2840 | 2374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bethel, Senior Housing Revenue, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/49 | 1355 | 987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duluth Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/41 | 1860 | 1483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/53(B) | 500 | 464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/01/43(B) | 1600 | 1447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Minnesota** |  | 9362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Missouri [2.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Springs, Improvement Adams Farm Project, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/39 | 3400 | 2917 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/42 | $1000 | $799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/01/33 | 500 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 03/01/26 | 395 | 372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas City, Industrial Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/36(B) | 2000 | 1824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirkwood Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/30 | 2515 | 2401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/46 | 2000 | 1698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/51 | 500 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/42 | 2400 | 2098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland Heights Missouri, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/01/38 | 1950 | 1620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Missouri State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/36 | 440 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Missouri State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/41 | 410 | 335 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 14

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poplar Bluff, Ser A, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 11/01/35(B) | $4885 | $4483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis County, Industrial Development Authority, Manchester Ballas Community, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/45(B) | 3000 | 2636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis County, Industrial Development Authority, Manchester Ballas Community, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/38(B) | 2000 | 1804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis County, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/53 | 2000 | 1704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, Ballpark Village Development Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 11/15/35 | 2250 | 1807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, Ballpark Village Development Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 11/15/29 | 1315 | 1137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, Innovation District Project, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 05/15/36 | 2500 | 2305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/41 | 3250 | 3151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Missouri** |  | 34316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Nevada [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/51 | 250 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 09/01/45 | 700 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/26/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 06/15/35(B) | 3500 | 3100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 611, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 06/01/50 | 875 | 710 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 612 Skye Hills, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 06/01/42 | $750 | $578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 612 Skye Hills, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/35 | 200 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 812, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | 910 | 912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 814, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/44 | 715 | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 815, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 12/01/40 | 750 | 710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 06/01/46 | 990 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 06/01/51 | 2485 | 1580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/41 | 950 | 681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Green-Fulcrum Sierra Biofuels, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 12/15/37(B) | 100 | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/35(B) | 1595 | 1567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/48(B) | 1000 | 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/38 @ 31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 07/01/58(B)(C) | 17000 | 1992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sparks Nevada, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 06/15/28(B) | 1000 | 893 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 15

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sparks Nevada, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 06/15/24(B) | $325 | $315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Nevada** |  | 16142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Hampshire [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/41 | 1000 | 837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/51 | 1000 | 778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/01/54(B) | 1250 | 1145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/01/46(B) | 500 | 460 |
| &nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 07/01/43(A)(B) | 2000 | 1563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser B, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 07/01/45(A)(B) | 1270 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New Hampshire** |  | 5793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Jersey [2.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Continental Airlines Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/15/29 | 750 | 745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Port Newark Container, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/47 | 2170 | 2110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/37 | 1100 | 1043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/05/24 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 11/15/30 | 1000 | 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/37 | 3830 | 3846 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/27 | $780 | $839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/42 | 1155 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/47 | 1230 | 1243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser EEE, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/43 | 1000 | 1019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/46 | 500 | 433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser AA, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/15/41 | 5245 | 5319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser BB, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/37 | 3500 | 3322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/46 | 1000 | 1013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/15/49 | 4015 | 3775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tobacco Settlement Financing, Sub-Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/46 | 2500 | 2387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New Jersey** |  | 29274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Mexico [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Farmington New Mexico, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.150%, 06/01/40(A) | 3500 | 3370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Farmington New Mexico, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.100%, 06/01/40(A) | 3000 | 2964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/33 | 500 | 478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/38 | 500 | 463 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 16

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/48 | $1750 | $1556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New Mexico** |  | 8831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New York [5.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Build NYC Resource, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/42 | 750 | 761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Build NYC Resource, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/56 | 530 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dutchess County, Local Development, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/45(B) | 875 | 815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dutchess County, Local Development, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/51(B) | 875 | 792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson County, Civic Facility Development, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/42 | 4500 | 3748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson County, Civic Facility Development, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/47 | 375 | 299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/15/49 | 3000 | 2455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser C-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/50 | 1750 | 1681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser C-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/56 | 3640 | 3466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser C-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/15/45 | 9550 | 8930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser D1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/44 | 2450 | 2372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Sub-Ser A-SUB, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/45 | 1690 | 1630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monroe County, Industrial Development, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/50(B) | 1100 | 1080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nassau County, Industrial Development Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 107 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/58(A) | 4358 | 2125 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Environmental Facilities, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/02/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 09/01/50(A) | $750 | $706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Liberty Development, Bank of America Tower, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 09/15/69 | 1000 | 895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Liberty Development, Ser 1WTC, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 02/15/44 | 2000 | 1427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, American Airlines, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/26/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/26 | 2000 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, LaGuardia Airport Terminal B, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/41 | 1500 | 1459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/01/31 | 1730 | 1735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/36 | 5000 | 4959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/40 | 2800 | 2695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/40 | 750 | 761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Niagara, Area Development, Ser A, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/01/42(B) | 3500 | 3100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Niagara, Tobacco Asset Securitization, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/34 | 1000 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Niagara, Tobacco Asset Securitization, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/40 | 1000 | 1003 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 17

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Authority of New York & New Jersey, Ser 221, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/50 | $2000 | $1771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSASC, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/41 | 2000 | 2018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSASC, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/48 | 3000 | 2647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSASC, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/45 | 4000 | 3592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/41 | 2485 | 2535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Sub-Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/51 | 7000 | 7064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New York** |  | 71905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North Carolina [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Department of Transportation, I-77 Hot Lanes Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/31/37 | 1405 | 1417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Medical Care Commission, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/50 | 250 | 188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Turnpike Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/24 | 1000 | 1019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Turnpike Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/44 | 1500 | 1541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Turnpike Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/49 | 500 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total North Carolina** |  | 4677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North Dakota [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burleigh County, Educational Facilities Revenue, Education Facilities, University of Mary Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 04/15/46 | 1100 | 988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Grand Forks North Dakota, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/15/43(B) (D) | 5000 | 2750 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ward County, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/48 | $2500 | $2186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ward County, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/53 | 1500 | 1293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total North Dakota** |  | 7217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ohio [3.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser A-2-Class, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/48 | 3500 | 2995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser B-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/55 | 13045 | 11323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser B-3, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/57 (C) | 20000 | 2289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cuyahoga County Port Authority, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/55(B) | 250 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cuyahoga County, Hospital Revenue, Metrohealth System, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/15/47 | 3800 | 3822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cuyahoga County, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/57 | 5000 | 4814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/44 | 5000 | 4537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/48 | 2250 | 1934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/15/48(B) | 970 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/38(B) | 3555 | 3286 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 18

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Air Quality Development Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/49(B) | $11750 | $10428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Housing Finance Agency, Sanctuary at Springboro Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 01/01/38(B) | 2500 | 1934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Ohio** |  | 48403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oklahoma [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, Epworth Village Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/01/42 | 4000 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma State, Development Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/01/57(D) | 1622 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma State, Development Finance Authority, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/48 | 1000 | 889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 11/01/46(D) | 3843 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 11/01/36(D) | 1664 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tulsa Airports Improvement Trust, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/35(A) | 4000 | 4009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oklahoma** |  | 6914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oregon [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clackamas County, Hospital Facility Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/25 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/55 | 875 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clackamas County, Hospital Facility Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/25 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/50 | 1000 | 873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/41 | 1000 | 812 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/51 | $2220 | $1653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/56 | 5000 | 3602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yamhill County, Hospital Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/46 | 500 | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oregon** |  | 8105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pennsylvania [2.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, City Center Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/42(B) | 1750 | 1650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 05/01/42(B) | 3000 | 2879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/01/32(B) | 1500 | 1474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Health and Education Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/51 | 1150 | 783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Industrial Development Authority, Woodlands at Graystone Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 03/01/48(B) | 800 | 746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Industrial Development Authority, Woodlands at Graystone Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/38(B) | 525 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, Harrisburg University of Science and Technology Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 10/15/41(B) | 1135 | 1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/15/53(B) | 750 | 750 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 19

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/15/34(B) | $3470 | $3272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DuBois, Hospital Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/43 | 2370 | 2122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 780 | 628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/25 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/54 | 1000 | 783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Economic Development Financing Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 06/30/48 | 625 | 651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Economic Development Financing Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/30/53 | 1500 | 1468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Turnpike Commission, Convertible Capital Appreciation Project, Sub-Ser E, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 12/01/38 | 2000 | 2259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Turnpike Commission, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/33 | 1500 | 1561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philadelphia, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/40(B) | 900 | 854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pottsville, Hospital Authority, Schuykill Health System Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/01/24(B) (E) | 3000 | 3151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington County, Redevelopment Authority, TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/35 | 1235 | 1192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pennsylvania** |  | 27751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Rhode Island [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhode Island State, Health & Educational Building, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/39 | 1000 | 1004 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhode Island State, Tobacco Settlement Financing, Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/23 @ 17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/52(C) | $21270 | $2905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Rhode Island** |  | 3909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**South Carolina [0.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 11/01/49 | 2500 | 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina State, Jobs-Economic Development Authority, The Woodlands at Furman, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/47 | 3830 | 3521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina State, Jobs-Economic Development Authority, The Woodlands at Furman, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/24 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/52 | 5950 | 5394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total South Carolina** |  | 10896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Tennessee [0.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chattanooga, Health Educational & Housing Facility Board, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/35 | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/25 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/45 | 5000 | 3971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/36(B) | 900 | 905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/28(B) | 645 | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Tennessee** |  | 6521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Texas [7.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alvin Independent School District, Ser B-REMK, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.450%, 02/15/36(A) | 2000 | 1967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 03/01/44 | 2300 | 2339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/01/34 | 400 | 408 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 20

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/47(B) | $500 | $484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 09/01/38(B) | 1500 | 1469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Sutton Fields II Public Improvement Project, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 09/01/45 | 475 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Texas, Regional Mobility Authority, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/23(E) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Texas, Regional Mobility Authority, Sub-Ser, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/23(E) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clifton, Higher Education Finance, International Leadership Project, Ser D, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 08/15/48 | 4245 | 4307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grand Parkway, Transportation, Toll Revenue, Sub-Ser B, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/23(E) | 2000 | 2031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulf Coast Authority, Ser B, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 05/01/28 | 1000 | 843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/01/24 | 1700 | 1696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/41 | 2500 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/41 | 2180 | 1847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, Ser B-1, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/15/35 | 3000 | 2884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, Ser C, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/15/27 | 1000 | 1015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, United Airlines Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/29 | 7000 | 7015 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lago Vista Texas, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 09/01/50(B) | $275 | $245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matagorda County Navigation District No. 1, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.900%, 05/01/30(A) | 1750 | 1718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mission, Economic Development, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/26/23 @ 104 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/01/31(B) | 3250 | 3126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/36 | 3410 | 2787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/46 | 1250 | 915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 11/15/36 | 3385 | 2885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 11/15/37 | 545 | 442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/46(B) | 4385 | 3327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 105 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/15/61(A) | 13887 | 6352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/50(B) | 4750 | 4206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newark, Higher Education Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 08/15/45(B) | 1700 | 1743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newark, Higher Education Finance, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/15/35(B) | 900 | 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Texas, Tollway Authority, Convertible Capital Appreciation Project, Ser C, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 09/01/31(E) | 5000 | 6238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Beaumont Navigation District, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/01/25(B) | 1525 | 1431 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 21

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Beaumont Navigation District, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 01/01/35(B) | $1000 | $803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Beaumont Navigation District, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 01/01/41(B) | 750 | 491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Beaumont Navigation District, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/23 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 01/01/36(B) | 1000 | 710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont, Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 01/01/28(B) | 6330 | 5148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanger, Industrial Development Authority, Texas Pellets Project, Ser B, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 07/01/38(D) | 4950 | 1237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, Northwest Senior Housing Edgemere Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/47(D) | 3720 | 1488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/52(D) | 9000 | 5400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Temple, Ser A-REV, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/38 | 2000 | 2017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Private Activity Bond Surface Transportation, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/30/58 | 2000 | 1908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Private Activity Bond Surface Transportation, SH 288 Toll Lanes Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/31/45 | 1635 | 1613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Transportation Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/29 @ 73 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 08/01/36(C) | 1000 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Texas** |  | 90573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utah [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/53(B) | 2000 | 1966 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/01/42(B) | $500 | $495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utah Charter School Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/28 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/55(B) | 1750 | 1558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Utah** |  | 4019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Vermont [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vermont State, Economic Development Authority, Casella Waste Systems Project, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/01/36(A)(B) | 1000 | 973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Virginia [1.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cherry Hill, Community Development Authority, Potomac Shores Project, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 03/01/45(B) | 2000 | 1949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cherry Hill, Community Development Authority, Potomac Shores Project, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 03/01/35(B) | 1000 | 986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James City County, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/35 | 1015 | 872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James City County, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/40 | 1155 | 925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Magnolia Green, Community Development Authority, SAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/45(B) | 4005 | 3692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peninsula Town Center, Community Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/37(B) | 2750 | 2548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peninsula Town Center, Community Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/45(B) | 3700 | 3308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Falls, Community Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 09/01/52(B) | 2125 | 2074 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 22

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wise County, Industrial Development Authority, Ser A-RE, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.750%, 10/01/40(A) | $1500 | $1360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Virginia** |  | 17714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Washington [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalispel Tribe of Indians, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/01/38(B) | 400 | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Health Care Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/42 | 3500 | 3340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Health Care Facilities Authority, Ser A-, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/44 | 2715 | 2340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Judson Park Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/38(B) | 325 | 289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Judson Park Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/48(B) | 2400 | 1991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/25 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/51(B) | 4330 | 3387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Rockwood Retirement Community Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/01/24(B) (E) | 2000 | 2083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Washington** |  | 13848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**West Virginia [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Charleston West Virginia, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/50(B) | 3240 | 2432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Virginia, Economic Development Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/45(A) | 1190 | 1187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Virginia, Economic Development Authority, Ser S, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.625%, 12/01/38(A) | 2500 | 2254 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Virginia, Tobacco Settlement Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/01/49 | $10070 | $8598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total West Virginia** |  | 14471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Wisconsin [6.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/38(B) | 1580 | 1412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piedmont, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/49 | 500 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pine Lake, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/45(B) | 3460 | 3486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pine Lake, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/35(B) | 1250 | 1265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/52 | 2500 | 2308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/55(B) | 3000 | 2202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/42(B) | 850 | 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/51(B) | 715 | 499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/51 | 2750 | 2148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/32 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/52(B) | 1250 | 906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/56(B) | 4750 | 2986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/30/51 | 600 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/31/56 | 3290 | 2474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Wisconsin Hospitals & Clinics, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/51 | 4995 | 4683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, Dickson Hollow Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/01/49 | 2500 | 2216 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 23

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/51(A) | $1000 | $1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/52(A) | 1500 | 1532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/27 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/39 | 2500 | 2431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/47 | 1680 | 1237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/57 | 1920 | 1324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/15/51 | 1610 | 1094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, Woodland Hill Senior Housing Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/49 | 5000 | 4199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/36(B) | 6125 | 5776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/01/36(B) | 3300 | 2982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/01/44 | 3500 | 3539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/24 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/01/34 | 2000 | 2031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Cornerstone Christian Project, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/36(B) | 3000 | 2827 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, National Gypsum, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/26 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/35 | $3000 | $2537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/45(B) | 1500 | 1336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/55(B) | 2500 | 2152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/40(B) | 1175 | 1114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/50(B) | 1675 | 1497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Roseman University Health Sciences, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/01/45 | 5000 | 5042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Senior Trips Obligation Group Project, Ser B, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/42 | 1000 | 962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/15/35(B) | 3000 | 3049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/15/45(B) | 4280 | 4292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Ser E, RB, AMT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/23 | 820 | 820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Wisconsin** |  | 81031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**American Samoa [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Samoa, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 09/01/35 | 3000 | 3149 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 24

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Samoa, Economic Development Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/38(B) | $1500 | $1501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total American Samoa** |  | 4650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Puerto Rico [6.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 05/15/43 | 2000 | 1955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Ser A, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 07/01/24(C) | 414 | 384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Ser A1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/01/27 | 10321 | 10516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Ser A1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/23 | 689 | 689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Ser A1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/31 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/33 | 9053 | 7849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Ser A1, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/31 @ 103 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/37 | 2957 | 2419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Sub-Ser CW, GO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/01/43(A) | 6456 | 2824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser A, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 07/01/36(D) | 2605 | 1947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser AAA, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/30(D) | 1625 | 1190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser CCC, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/28(D) | 2145 | 1571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser E-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 01/01/21(D) | 3957 | 3027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser E-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 07/01/21(D) | 1500 | 1147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser E-3, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 01/01/22(D) | 500 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Electric Power Authority, Ser XX, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/06/23 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/40(D) | 12000 | 8790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/58 | 4667 | 4237 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/01/53 | $3276 | $2896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/25 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/01/34 | 19005 | 17929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 07/01/24(C) | 1383 | 1290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.784%, 07/01/58 | 21358 | 18530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.536%, 07/01/53 | 31 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Puerto Rico** |  | 89599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Municipal Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,388,212) |  | 1259862 |
| **Corporate Bond [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Products & Services [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tower Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.451%, 02/01/50 | 9000 | 4325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Corporate Bond** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $7,357) |  | 4325 |
| **Short-Term Investment [1.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SEI Daily Income Trust Government Fund, Cl F, 3.810%\*\* | 21530583 | 21531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $21,531) |  | 21531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [98.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,417,100) |  | $1285718 |

---

Percentages are based on net assets of $1,303,000 (000).

\*\* The rate reported is the 7-day effective yield as of December 31, 2022.

(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(B) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2022, the value of these securities amounted to $341,940 (000), representing 26.2% of the net assets of the Fund.

(C) Zero coupon security.

(D) In default on interest payments. Rate shown represents the last coupon rate prior to default.

(E) Pre-Refunded Security — The maturity date shown is the pre-refunded date.

CITY NATIONAL ROCHDALE FUNDS \| PAGE 25

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Municipal High Income Fund

---

| |
|:---|
| AGM — Assured Guarantee Municipal |
| AMT — Alternative Minimum Tax (subject to) |
| BAM — Build America Mutual |
| Cl — Class |
| GO — General Obligation |
| RB — Revenue Bond |
| SAB — Special Assessment Board |
| Ser — Series |
| SPA — Special Assessment |
| SPL Tax — Special Tax |
| TA — Tax Allocation |

---

The following is a list of the inputs used as of December 31, 2022 is valuing the Fund's investments and other financial instruments carried at value ($Thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investments in Securities | Level 1 | Level 2 | Level 3 | Total |
| Municipal Bonds | $— | $1259862 | $— | $1259862 |
| Corporate Bond |  | 4325 |  | 4325 |
| Short-Term Investment | 21531 |  |  | 21531 |
| Total Investments in Securities | $21531 | $1264187 | $— | $1285718 |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 26

Schedule of Investments

December 31, 2022 (Unaudited)

City National Rochdale Intermediate Fixed Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Corporate Bonds [46.9%]** | **Corporate Bonds [46.9%]** | **Corporate Bonds [46.9%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services [6.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;America Movil |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 04/22/29 | $2000 | $1816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.355%, 03/15/32 | 2536 | 2013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Communication Services** |  | 3829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary [3.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 01/17/27 | 2500 | 2378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 03/15/31 | 2000 | 1568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [3.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 12/01/25 | 1800 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [15.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.746%, 05/28/25 | 2000 | 1872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/12/26 | 2000 | 1937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 10/29/25 | 1800 | 1741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 05/15/23 | 1400 | 1393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/15/27 | 2210 | 2185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lehman Brothers Holdings, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 09/28/37(A) | 400 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 9129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVS Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 03/25/28 | 854 | 827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [6.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Deere Capital, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 09/08/27 | 2500 | 2306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penske Truck Leasing LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/17/23(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 07/01/24(B) | 1500 | 1449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Industrials** |  | 4055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KLA-Tencor |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.650%, 11/01/24 | 725 | 723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate [3.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prologis |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.125%, 04/15/27 | 2425 | 2174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [3.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 06/15/29 | 2020 | 1817 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Korea Electric Power |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/01/27 | $75 | $79 |
| &nbsp;&nbsp;&nbsp;**Total Utilities** |  | 1896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Corporate Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $31,961) |  | 28407 |
| **U.S. Treasury Obligations [41.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/15/25 | 2000 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 01/31/26 | 5350 | 5117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 04/30/24 | 500 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 03/31/29 | 2000 | 1823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 07/31/26 | 4500 | 4167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 03/15/25 | 1500 | 1418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.625%, 08/15/29 | 3800 | 3306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.000%, 07/31/28 | 2150 | 1831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.875%, 11/15/30 | 3950 | 3167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.125%, 01/15/24 | 2000 | 1907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Treasury Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $28,115) |  | 25222 |
| **Affiliated Registered Investment Company [3.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City National Rochdale Fixed Income Opportunities Fund, Cl N ‡ | 127551 | 2353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Affiliated Registered Investment Company** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,500) |  | 2353 |
| **U.S. Government Mortgage-Backed Obligations [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool 1B2677 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.150%, ICE LIBOR USD 12 Month + 1.900%, 01/01/35(C) | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool 1B2683 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.802%, ICE LIBOR USD 12 Month + 1.900%, 01/01/35(C) | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool 1B2692 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.858%, ICE LIBOR USD 12 Month + 1.780%, 12/01/34(C) | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool A93505 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/01/40 | 6 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool A93996 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/01/40 | 8 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool C03490 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/01/40 | 42 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool C09015 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 10/01/42 | 52 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool G02940 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 05/01/37 | 1 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool G04222 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/01/38 | 3 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool G04913 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/38 | 12 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool G08003 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/01/34 | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool J19197 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 05/01/27 | 18 | 18 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

December 31, 2022 (Unaudited)

City National Rochdale Intermediate Fixed Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool Q08998 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/42 | $32 | $30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC, Pool Q10378 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/01/42 | 45 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 252570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/01/29 | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 253183 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 04/01/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 253398 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 08/01/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 254949 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/33 | 3 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 255814 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/01/35 | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 303168 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 02/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 725424 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/01/34 | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 735060 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/01/34 | 3 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 735228 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/01/35 | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 735230 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/01/35 | 5 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 745275 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/36 | 18 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 745418 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/01/36 | 21 | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 827223 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.840%, ICE LIBOR USD 12 Month + 1.465%, 04/01/35(C) | 5 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool 844809 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/35 | 7 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AD8522 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/40 | 6 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AE0828 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/01/41 | 61 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AH0621 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 01/01/41 | 15 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AJ1407 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/41 | 9 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AJ7689 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/41 | 35 | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AK0971 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/01/27 | 16 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AO2970 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 05/01/42 | 42 | 39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool AO4137 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/42 | 35 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA, Pool MA1277 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 12/01/27 | 19 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA, Pool G2 4696 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/20/40 | 19 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA, Pool G2 4747 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/20/40 | 8 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA, Pool G2 4923 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/20/41 | 14 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA, Pool G2 MA0155 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/20/42 | 32 | 31 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA, Pool G2 MA0392 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 09/20/42 | $40 | $38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Government Mortgage-Backed Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $654) |  | 627 |
| **Mortgage-Backed Obligations [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cityscape Home Equity Loan Trust, Ser 1997-C, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/25/28 | 5 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2013-LC11, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.960%, 04/15/46 | 120 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential Accredit Loans, Ser 2004-QS6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/25/19 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Mortgage-Backed Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $127) |  | 121 |
| **Closed-End Fund [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stone Ridge Reinsurance Risk Premium Interval Fund\* | 119 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Closed-End Fund** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $5) |  | 5 |
| **Short-Term Investment [5.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SEI Daily Income Trust Government Fund, Cl F, 3.810%\*\* | 3308581 | 3309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,309) |  | 3309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $66,671) |  | $60044 |

---

Percentages are based on net assets of $60,500 (000).

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of December 31, 2022. |
| ‡ | Investment in Affiliate. |
| (A) | In default on interest payments. Rate shown represents the last coupon rate prior to default. |
| (B) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2022, the value of these securities amounted to $1,749 (000), representing 2.9% of the net assets of the Fund. |
| (C) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Schedule of Investments

December 31, 2022 (Unaudited)

City National Rochdale Intermediate Fixed Income Fund

---

| |
|:---|
| Cl — Class |
| FHLMC — Federal Home Loan Mortgage Corporation |
| FNMA — Federal National Mortgage Association |
| GNMA — Government National Mortgage Association |
| ICE — Intercontinental Exchange |
| LIBOR — London Interbank Offered Rates |
| LP — Limited Partnership |
| MTN — Medium Term Note |
| Ser — Series |
| USD — U.S. Dollar |

---

The following is a summary of the inputs used as of December 31, 2022 in valuing the Fund's investments carried at value (000):

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investments in Securities | Level 1 | Level 2 | Level 3 | Total |
| Corporate Bonds | $— | $28407 | $— | $28407 |
| U.S. Treasury Obligations |  | 25222 |  | 25222 |
| Affiliated Registered Investment Company | 2353 |  |  | 2353 |
| U.S. Government Mortgage-Backed Obligations |  | 627 |  | 627 |
| Mortgage-Backed Obligations |  | 121 |  | 121 |
| Closed-End Fund | 5 |  |  | 5 |
| Short-Term Investment | 3309 |  |  | 3309 |
| Total Investments in Securities | $5667 | $54377 | $— | $60044 |

---

The following is a summary of the transactions with the affiliates for the period ended December 31, 2022.

---

| | |
|:---|:---|
|  | City National Rochdale Fixed Income Opportunities Fund, Class N (000) |
| Beginning balance as of October 1, 2022 | $2372 |
| Purchases at Cost |  |
| Proceeds from Sales |  |
| Realized Gain (Loss) |  |
| Unrealized Gain (Loss) | (19) |
| Ending balance as of December 31, 2022 | $2353 |
| Dividend Income | $128 |

---

---

| | |
|:---|:---|
|  | City National Rochdale Fixed Income Opportunities Fund, Class N (Shares) |
| Beginning balance as of October 1, 2022 | 127551 |
| Purchases |  |
| Sales |  |
| Ending balance as of December 31, 2022 | $127551 |

---

Amounts designated as "—" are $0 or have been rounded to $0.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 3

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| **Corporate Bonds [54.4%]** | **Corporate Bonds [54.4%]** | **Corporate Bonds [54.4%]** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace / Defense [0.7%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Embraer Netherlands Finance BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 01/17/28 |  | 6550 | $6550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit AeroSystems |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.375%, 11/30/29(A) |  | 98 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 03/15/26(A) |  | 5325 | 5251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 06/15/26 |  | 800 | 777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/15/27 |  | 1825 | 1713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/01/29 |  | 1225 | 1069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm UK Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 05/15/26 |  | 2450 | 2392 |
| **Total Aerospace / Defense** |  |  | 17855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.750%, 07/15/25(A) |  | 1020 | 1094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/20/26(A) |  | 4135 | 3975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avianca Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 07/10/20(B) |  | 39 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EA Partners I |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 09/28/20(B) |  | 5617 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EA Partners II |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 06/01/21(B) |  | 4960 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/20/27(A) |  | 1229 | 1222 |
| **Total Airlines** |  |  | 6370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airport Develop/Maint [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GMR Hyderabad International Airport |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/02/26 |  | 3800 | 3534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico City Airport Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/31/47 |  | 5100 | 3927 |
| **Total Airport Develop/Maint** |  |  | 7461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Appliances [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nobel Bidco BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 06/15/28 | EUR | 700 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Rent & Lease [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hertz |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/01/26(A) |  | 1360 | 1139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rent-A-Center |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/29(A) |  | 1510 | 1222 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/15/29(A) | 420 | $417 |
| **Total Auto Rent & Lease** |  | 2778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto-Med and Heavy Duty Trks [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/01/27(A) | 2060 | 1910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 08/15/26(A) | 2350 | 2188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/15/25(A) | 159 | 159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dana |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/27 | 175 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dana |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 06/15/28 | 475 | 432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dana |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 09/01/30 | 250 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dana Financing Luxembourg Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/15/25(A) | 450 | 440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dornoch Debt Merger Sub |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 10/15/29(A) | 2800 | 1964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.063%, 11/01/24 | 2200 | 2113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/16/25 | 1850 | 1778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 11/13/25 | 2400 | 2170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 08/17/27 | 1700 | 1522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.113%, 05/03/29 | 1500 | 1358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/13/30 | 1975 | 1621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.389%, 01/08/26 | 2100 | 1962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%cash/5.500% PIK, 09/15/26(A) | 1325 | 1146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%cash/6.750% PIK, 05/15/27(A) | 1350 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%cash/7.125% PIK, 05/15/29(A) | 775 | 655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panther BF Aggregator 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/15/26(A) | 404 | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panther BF Aggregator 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 05/15/27(A) | 5050 | 4949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Hero Merger Sub 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/01/29(A) | 2800 | 1919 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Profil Automotive GmbH |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/30/26 | EUR | 968 | $626 |
| **Total Automotive** |  |  | 28942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Autoparts [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metalsa S A P I De Cv |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/04/31 |  | 1195 | 935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/04/31(A) |  | 7800 | 6104 |
| **Total Autoparts** |  |  | 7039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks [2.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akbank |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.800%, 02/06/26 |  | 6600 | 6362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akbank T.A.S. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.797%, USD Swap Semi 30/360 5 Yr Curr + 4.029%, 04/27/28(C) |  | 747 | 708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Davivienda |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.650%, US Treas Yield Curve Rate T Note Const Mat 10 Yr + 5.097%, 10/22/71(A) (C) |  | 6000 | 4605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco de Bogota |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/12/26 |  | 2350 | 2303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco General |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, US Treas Yield Curve Rate T Note Const Mat 10 Yr + 3.665%, 11/07/71(C) |  | 5300 | 4386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, US Treas Yield Curve Rate T Note Const Mat 10 Yr + 5.353%, 10/06/67(C) |  | 5100 | 4751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, US Treas Yield Curve Rate T Note Const Mat 10 Yr + 5.034%, 01/24/71(C) |  | 1085 | 898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bancolombia |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 2.944%, 12/18/29(C) |  | 6575 | 5770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Nadra Via NDR Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 06/22/17(B) |  | 631 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Negara Indonesia Persero |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.466%, 03/24/71(C) |  | 5200 | 4018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Negara Indonesia Persero, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 03/30/26 |  | 2000 | 1844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Bancomer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 2.650%, 01/18/33(C) |  | 8055 | 7231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 05/01/26(A) |  | 1820 | 1518 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Bank, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.571%, 01/01/28 | JPY | 331365 | $2007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/19/25 |  | 4100 | 3555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rizal Commercial Banking |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 6.236%, 02/27/71(C) |  | 1197 | 1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sovcombank Via SovCom Capital DAC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.600%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 6.362%, 02/17/71 |  | 3615 |  |
| **Total Banks** |  |  | 50982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.6%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/28(A) |  | 1520 | 1224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/15/30(A) |  | 2110 | 1656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.484%, 10/23/45 |  | 675 | 611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/01/48 |  | 730 | 602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/01/29(A) |  | 1820 | 1488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCPR Senior Secured Financing DAC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/15/27 |  | 6250 | 5844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/15/27(A) |  | 685 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCPR Senior Secured Financing DAC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/15/29(A) |  | 805 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Interactive |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 02/01/30 |  | 880 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 06/15/39 |  | 540 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VTR Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 07/15/28 |  | 3600 | 1386 |
| **Total Broadcasting & Cable** |  |  | 15030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [1.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegheny Ludlum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 12/15/25 |  | 470 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashton Woods USA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/01/30(A) |  | 810 | 650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brundage-Bone Concrete Pumping Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/01/26(A) |  | 1320 | 1203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/01/32(A) |  | 1537 | 1248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cemex |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 11/19/29 |  | 3200 | 3075 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cemex |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 07/11/31 | 2100 | $1780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cemex |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.534%, 09/08/71(C) | 1000 | 924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forestar Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 05/15/26(A) | 1528 | 1340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/18/25 | 5725 | 5267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Installed Building Products |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 02/01/28(A) | 2588 | 2327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGI Homes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/29(A) | 805 | 622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meritage Homes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 04/15/29(A) | 1150 | 969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Home |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 10/15/25(A) | 2665 | 2246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 10/15/27(A) | 775 | 752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 05/01/29(A) | 610 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shea Homes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/15/28 | 1450 | 1266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Materials |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 03/15/27(A) | 1450 | 1421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thor Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/29(A) | 815 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRI Pointe Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 06/15/24 | 1725 | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victors Merger |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 05/15/29(A) | 915 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West China Cement |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 07/08/26 | 2820 | 2355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yuksel Insaat |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 11/10/15(B) | 12655 | 127 |
| **Total Building & Construction** |  | 31395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building Materials [0.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/15/28(A) | 350 | 312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 11/15/29(A) | 400 | 327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot Return Merger Sub |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 08/01/28(A) | 975 | 895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone Building Brands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 01/15/29(A) | 975 | 687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/01/28(A) | 2575 | 1912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foundation Building Materials |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/29(A) | 4197 | 3142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GYP Holdings III |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 05/01/29(A) | 1975 | 1622 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interface |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/28(A) | 825 | $681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SRS Distribution |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 07/01/29(A) | 2125 | 1718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SRS Distribution |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/29(A) | 2125 | 1691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/27(A) | 3450 | 3183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/28(A) | 1500 | 1347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 07/15/30(A) | 1775 | 1447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 01/15/31(A) | 1625 | 1225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Capital Buyer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 10/15/28(A) | 1625 | 1406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Capital Parent |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 03/15/26(A) | 925 | 800 |
| **Total Building Materials** |  | 22395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building-Heavy Construct [0.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andrade Gutierrez International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.000%, 08/20/21(B) | 200 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andrade Gutierrez International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 12/30/24(B) | 34831 | 12191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odebrecht Holdco Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 09/10/58(D) | 17374 | 18 |
| **Total Building-Heavy Construct** |  | 12312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable Satellite [2.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/23(A) | 500 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/01/27(A) | 5690 | 5279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/28(A) | 1200 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 03/01/30(A) | 825 | 703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/15/30(A) | 2250 | 1859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/33(A) | 1175 | 902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/01/31(A) | 2850 | 2286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/34(A) | 900 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/15/27(A) | 1550 | 1300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 04/01/28(A) | 900 | 610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/15/30(A) | 2150 | 1213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/30(A) | 3150 | 2226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/01/30(A) | 3175 | 1754 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 3

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 02/15/31(A) | 400 | $261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 11/15/31(A) | 975 | 677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 08/15/27(A) | 2316 | 2072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 07/01/26 | 1300 | 1051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 07/01/28 | 1875 | 1327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/28(A) | 375 | 299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/29 | 1775 | 1145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH Network |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.750%, 11/15/27(A) | 850 | 875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dolya Holdco 18 DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/15/28(A) | 1175 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 10/15/24(A) (B) | 875 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 07/15/25(A) (B) | 525 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/49(D) | 725 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 09/01/26(A) | 425 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/28(A) | 2040 | 1776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/01/29(A) | 2450 | 2236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 09/01/31(A) | 1425 | 1112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance Luxembourg Notes Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/28(A) | 3600 | 3240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UPC Broadband Finco BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 07/15/31(A) | 3300 | 2772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/15/30(A) | 650 | 521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 05/15/29(A) | 900 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/15/30(A) | 825 | 689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/15/31(A) | 2280 | 1860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VZ Secured Financing BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/32(A) | 450 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Bond BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/27(A) | 3500 | 3256 |
| **Total Cable Satellite** |  | 48124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/15/27(A) | 700 | 647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 02/15/29(A) | 775 | 639 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Braskem Idesa SAPI |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.450%, 11/15/29 |  | 2100 | $1658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Braskem Idesa SAPI |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.990%, 02/20/32 |  | 1200 | 850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamond BC BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/01/29(A) |  | 2650 | 2127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Solutions |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 09/01/28(A) |  | 1975 | 1679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fire BC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.934%, Euribor 3 Month + 4.750%, 09/30/24(C) | EUR | 881 | 897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HB Fuller |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/15/28 |  | 775 | 686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herens Holdco Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 05/15/28(A) |  | 2475 | 1850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indorama Ventures Global Services |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 09/12/24 |  | 4000 | 3777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Koppers |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/15/25(A) |  | 3600 | 3420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 A5 HoldCo |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 10/15/29(A) |  | 950 | 785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 10/01/27(A) |  | 375 | 357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/01/28(A) |  | 1200 | 974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/01/29(A) |  | 1525 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Polar US Borrower |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/15/26(A) |  | 1850 | 684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sasol Financing USA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/18/31 |  | 1965 | 1600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/15/27(A) |  | 425 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/15/29(A) |  | 1125 | 908 |
| **Total Chemicals** |  |  | 25073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mongolian Mining |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/01/71(C) |  | 1360 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 04/07/20(B) | EUR | 1101 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warrior Met Coal |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 12/01/28(A) |  | 631 | 621 |
| **Total Coal Mining** |  |  | 1126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Serv-Finance [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Payments |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 08/15/27 |  | 1665 | 1618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Services [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bidvest Group UK |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 09/23/26 |  | 5000 | 4488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 03/15/26(A) |  | 1830 | 1731 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 4

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paysafe Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/15/29 | EUR | 350 | $289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SD International Sukuk, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.300%, 05/09/22(B) |  | 13384 | 519 |
| **Total Commercial Services** |  |  | 7027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication & Media [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Globo Comunicacao e Participacoes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/14/32 |  | 1505 | 1285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/14/32(A) |  | 8525 | 7281 |
| **Total Communication & Media** |  |  | 8566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computer Software [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZoomInfo Technologies |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/01/29(A) |  | 766 | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computer System Design & Services [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnum Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 10/31/26(A) |  | 4900 | 4465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Construction Machinery [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H&E Equipment Services |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 12/15/28(A) |  | 2700 | 2300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terex |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/29(A) |  | 855 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 05/15/27 |  | 424 | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/28 |  | 600 | 569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/15/30 |  | 325 | 305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/30 |  | 700 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/31 |  | 700 | 587 |
| **Total Construction Machinery** |  |  | 5546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Cyclical Services [0.5%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 07/15/26(A) |  | 1125 | 1029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 07/15/27(A) |  | 3475 | 3023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/01/29(A) |  | 1900 | 1379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 02/15/27(A) |  | 650 | 574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/01/29(A) |  | 2250 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/27(A) |  | 1475 | 1396 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GW B-CR Security |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 11/01/27(A) |  | 3368 | $3244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signal Parent |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 04/01/29(A) |  | 2217 | 646 |
| **Total Consumer Cyclical Services** |  |  | 13119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCPE Empire Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 05/01/27(A) |  | 3625 | 3251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/28(A) |  | 875 | 819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 04/01/29(A) |  | 900 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/31/27(A) |  | 1000 | 952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/15/28(A) |  | 1025 | 888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/31/29(A) |  | 2200 | 1861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prestige Brands |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/01/31(A) |  | 600 | 494 |
| **Total Consumer Products** |  |  | 9032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products & Services [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkiye Sise ve Cam Fabrikalari |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 03/14/26 |  | 4650 | 4527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers & Packaging [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fiber Bidco Spa |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.950%, Euribor 3 Month + 6.000%, 10/25/27(C) | EUR | 300 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graham Packaging |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 08/15/28(A) |  | 1195 | 997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Klabin Austria GmbH |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 01/12/31 |  | 9700 | 7760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Klabin Austria GmbH |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 04/03/49 |  | 655 | 642 |
| **Total Containers & Packaging** |  |  | 9718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Data Processing/Mgmt [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/26(A) |  | 60 | 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Manufacturing [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates Global |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/15/26(A) |  | 3800 | 3667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 06/15/28(A) |  | 1000 | 1013 |
| **Total Diversified Manufacturing** |  |  | 4680 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 5

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Drugs [0.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.150%, 02/01/36 | 5035 | $4426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 01/31/25 | 2080 | 2069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 05/09/27 | 725 | 655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/28 | 13915 | 13567 |
| **Total Drugs** |  | 20717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANGI Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/28(A) | 1025 | 761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Services [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 01/14/31 | 3415 | 2640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 09/15/27(A) | 2253 | 2252 |
| **Total E-Commerce/Services** |  | 4892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric Utilities [1.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adani Renewable Energy RJ, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/15/39 | 5242 | 3905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AES Gener |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, USD Swap Semi 30/360 5 Yr Curr + 4.644%, 03/26/79(C) | 1480 | 1401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cikarang Listrindo |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 09/14/26 | 5800 | 5407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenko Power II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 12/13/28 | 693 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Chile Holdco |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/24/27(A) | 8100 | 7736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minejesa Capital BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 08/10/30 | 3500 | 3063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minejesa Capital BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/10/37(A) | 5300 | 4126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mong Duong Finance Holdings BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/07/29 | 7160 | 5943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 06/15/24(A) | 505 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pacific Gas and Electric |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 07/01/50 | 1240 | 967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/13/24(A) | 100 | 98 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/13/25(A) |  | 2185 | $2136 |
| **Total Electric Utilities** |  |  | 35848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric-Transmission [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oryx Funding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 02/03/31 |  | 6250 | 5948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy & Power [0.8%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenko Solar Mauritius |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 07/29/26 |  | 3800 | 3452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ReNew Power Pvt |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 03/05/27 |  | 3800 | 3634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCC Power |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%cash/0% PIK, 12/31/28(A) |  | 34477 | 11929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCC Power |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/17/32(A) |  | 18675 | 557 |
| **Total Energy & Power** |  |  | 19572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.6%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CDI Escrow Issuer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/01/30(A) |  | 2045 | 1833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/06/25 |  | 530 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/26/26 |  | 3500 | 3079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM China Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/18/25 |  | 2700 | 2539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sands China |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 01/08/26 |  | 1175 | 1084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sands China |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 03/08/29 |  | 6100 | 4984 |
| **Total Entertainment & Gaming** |  |  | 14006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 11/01/25 | EUR | 450 | 384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 11/01/25 | GBP | 900 | 845 |
| **Total Finance** |  |  | 1229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance Companies [0.9%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 06/25/25 |  | 950 | 912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 06/15/26 |  | 450 | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/27 |  | 750 | 656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/15/29 |  | 1350 | 1102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 10/15/26(A) |  | 4180 | 3600 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 6

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/01/29(A) |  | 2115 | $1676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 03/01/31(A) |  | 3130 | 2389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/33(A) |  | 1763 | 1317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/15/25(A) |  | 5030 | 4530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/15/29(A) |  | 4721 | 3768 |
| **Total Finance Companies** |  |  | 20378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.6%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Castlelake Aviation Finance DAC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/15/27(A) |  | 800 | 696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Inova Ventures |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/28/28(A) |  | 2680 | 2556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.628%, Euribor 3 Month + 4.250%, 01/15/28(C) | EUR | 800 | 807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/01/28 | GBP | 300 | 278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genworth Mortgage Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 08/15/25(A) |  | 1301 | 1282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/28(A) |  | 595 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGIC Investment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/28 |  | 690 | 636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midcap Financial Issuer Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 05/01/28(A) |  | 830 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midcap Financial Issuer Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/15/30(A) |  | 790 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationstar Mortgage Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/27(A) |  | 2685 | 2403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationstar Mortgage Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/15/28(A) |  | 1488 | 1213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NT Rig Holdco PTE |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 12/31/23 |  | 17613 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OEC Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 03/14/71 |  | 34 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/15/31(A) |  | 1250 | 991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radian Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/01/24 |  | 575 | 552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radian Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/15/25 |  | 1270 | 1252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russian Standard |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.000%, 10/27/22(B) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;World Acceptance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 11/01/26(A) |  | 535 | 300 |
| **Total Financial Services** |  |  | 14821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aramark Services |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 05/01/25(A) |  | 775 | 766 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/15/30(A) |  | 1475 | $1419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/01/29(A) |  | 1125 | 975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/01/27(A) |  | 632 | 611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/15/28(A) |  | 2800 | 2636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/15/25(A) |  | 225 | 223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/15/29(A) |  | 1925 | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/01/30(A) |  | 300 | 264 |
| **Total Food & Beverage** |  |  | 8603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage & Tobacco [0.9%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agrosuper |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 01/20/32(A) |  | 5125 | 4530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BRF |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/24/30 |  | 3955 | 3348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Happiness H&H International Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 10/24/24 |  | 2500 | 2198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indofood CBP Sukses Makmur |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.398%, 06/09/31 |  | 2700 | 2221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JBS USA LUX |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/02/52(A) |  | 1675 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lion |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.046%, Euribor 3 Month + 4.000%, 07/01/26(C) | EUR | 700 | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pilgrim's Pride |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 09/30/27(A) |  | 1275 | 1237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shiba Bidco |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/31/28 | EUR | 800 | 733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simmons Foods |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/01/29(A) |  | 1245 | 1013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Triton Water Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/01/29(A) |  | 690 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turning Point Brands |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/15/26(A) |  | 1915 | 1652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vector Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 11/01/26(A) |  | 685 | 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vector Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 02/01/29(A) |  | 1550 | 1344 |
| **Total Food, Beverage & Tobacco** |  |  | 21390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Footwear and Related Apparel [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crocs |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 03/15/29(A) |  | 1333 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [1.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affinity Gaming |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 12/15/27(A) |  | 2175 | 1844 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 7

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn Entertainment Financing UK |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.887%, Euribor 3 Month + 4.125%, 02/15/28(C) | EUR | 1500 | $1552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 12/01/27 |  | 1375 | 1281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/15/29(A) |  | 625 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCM Merger |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 05/01/26(A) |  | 225 | 212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Merger Sub |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/01/25(A) |  | 1000 | 979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Merger Sub |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 07/01/25(A) |  | 1375 | 1337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Merger Sub |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 07/01/27(A) |  | 1700 | 1670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/15/23 |  | 500 | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midwest Gaming Borrower |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/01/29(A) |  | 1200 | 1021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mohegan Tribal Gaming Authority |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 02/01/26(A) |  | 3200 | 2973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penn Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/15/27(A) |  | 250 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penn Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/01/29(A) |  | 1710 | 1351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raptor Acquisition |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 11/01/26(A) |  | 425 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/01/30(A) |  | 1400 | 1182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 07/01/25(A) |  | 1525 | 1556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 11/15/29(A) |  | 675 | 648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/28(A) |  | 6125 | 5325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/01/31(A) |  | 500 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VICI Properties |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 05/01/24(A) |  | 425 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VICI Properties |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/25(A) |  | 75 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VICI Properties |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/15/25(A) |  | 400 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VICI Properties |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 12/01/26(A) |  | 500 | 466 |
| **Total Gaming** |  |  | 26285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gas-Distribution [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Oil & Gas Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 06/30/26 |  | 5200 | 4316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gold Mining [0.5%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aris Mining |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 08/09/26 |  | 5976 | 4664 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cia de Minas Buenaventura SAA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/23/26 | 9450 | $8200 |
| **Total Gold Mining** |  | 12864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Insurance [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 12/15/27 | 3725 | 3497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.450%, 07/15/28 | 450 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/15/29 | 500 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 02/15/30 | 250 | 211 |
| **Total Health Insurance** |  | 4545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [1.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AdaptHealth |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 08/01/29(A) | 1325 | 1109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AdaptHealth |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 03/01/30(A) | 1275 | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/15/29(A) | 825 | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 07/15/28(A) | 1975 | 1795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 11/01/29(A) | 1750 | 1469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 05/01/28(A) | 100 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 03/15/29(A) | 275 | 243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/15/31(A) | 475 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 03/15/26(A) | 750 | 683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 12/15/27(A) | 300 | 270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 03/15/27(A) | 750 | 643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/29(A) | 250 | 209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/15/29(A) | 2500 | 1285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 04/01/30(A) | 1100 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/30(A) | 750 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/01/30(A) | 3630 | 2914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Embecta |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/30(A) | 475 | 402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Embecta |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 02/15/30(A) | 1000 | 902 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 8

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garden Spinco |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 07/20/30(A) |  | 400 | $424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Medical Response |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/01/25(A) |  | 1650 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/15/26(A) |  | 1075 | 1026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/15/25(A) |  | 1250 | 1177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 01/15/29(A) |  | 850 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 04/01/29(A) |  | 1575 | 1268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 10/01/29(A) |  | 5375 | 4269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 09/01/28(A) |  | 1105 | 862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 11/01/28(A) |  | 1600 | 1064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pediatrix Medical Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 02/15/30(A) |  | 1075 | 934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RegionalCare Hospital Partners Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 12/01/26(A) |  | 750 | 604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/01/25(A) |  | 600 | 346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 07/15/24 |  | 257 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/01/26(A) |  | 550 | 522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 11/01/27(A) |  | 2075 | 1930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 10/01/28(A) |  | 3595 | 3219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/01/29(A) |  | 900 | 780 |
| **Total Healthcare** |  |  | 35604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Homebuilders/Materials/Construction [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ren10 Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.016%, Euribor 3 Month + 4.375%, 02/01/27(C) | EUR | 600 | 608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victoria |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 08/24/26 | EUR | 500 | 436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victoria |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 03/15/28 | EUR | 300 | 250 |
| **Total Homebuilders/Materials/Construction** |  |  | 1294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Grand Vacations Borrower Escrow |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/29(A) |  | 1000 | 860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marriott Ownership Resorts |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/28 |  | 1760 | 1533 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 07/31/26(A) |  | 1220 | $1193 |
| **Total Hotels and Motels** |  |  | 3586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Human Resources [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Villa Dutch Bidco BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 11/03/29 | EUR | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Independent Energy [1.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 02/01/29(A) |  | 159 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 03/01/30(A) |  | 975 | 904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 11/01/26(A) |  | 2505 | 2430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 11/01/27(A) |  | 276 | 339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 12/31/28(A) |  | 2495 | 2446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berry Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 02/15/26(A) |  | 550 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callon Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 07/01/26 |  | 1020 | 951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callon Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 08/01/28(A) |  | 570 | 541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callon Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 06/15/30(A) |  | 550 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carrizo Oil & Gas |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 07/15/25 |  | 325 | 324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/01/26(A) |  | 2545 | 2456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/31/49(E) |  | 575 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chord Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 06/01/26(A) |  | 500 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/29(A) |  | 2050 | 1850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 01/15/30(A) |  | 1425 | 1225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrownRock |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 10/15/25(A) |  | 1900 | 1834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 09/01/25 |  | 900 | 897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 07/15/30 |  | 1050 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 09/01/30 |  | 1050 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.450%, 09/15/36 |  | 2540 | 2591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PDC Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/15/24 |  | 387 | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PDC Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/15/26 |  | 1820 | 1737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 01/15/26(A) |  | 250 | 227 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 9

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/01/27(A) | 1475 | $1390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/15/25 | 397 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 01/15/29 | 650 | 670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockcliff Energy II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/15/29(A) | 800 | 732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 06/01/25 | 500 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/15/26 | 1075 | 1044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 01/15/27 | 645 | 621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/15/28 | 940 | 901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 10/01/27 | 375 | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 09/15/28 | 375 | 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 03/15/30 | 300 | 273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/01/32 | 475 | 406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tap Rock Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 10/01/26(A) | 1175 | 1093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultra Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 04/15/25 |  |  |
| **Total Independent Energy** |  | 33826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial - Other [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison IAQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 06/30/29(A) | 4325 | 2964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPX FLOW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 04/01/30(A) | 2225 | 1755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TK Elevator Holdco GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 07/15/28(A) | 1200 | 980 |
| **Total Industrial - Other** |  | 5699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial Services [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/15/24(A) | 2315 | 2274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/15/26(A) | 3300 | 3167 |
| **Total Industrial Services** |  | 5441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fairfax Financial Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/16/32(A) | 1625 | 1530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance - P&C [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/30/29(A) | 2500 | 2120 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Midco 2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.500%, 01/15/27(A) |  | 2294 | $2180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AssuredPartners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 08/15/25(A) |  | 2690 | 2602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AssuredPartners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/15/29(A) |  | 2265 | 1864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BroadStreet Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/15/29(A) |  | 4725 | 4021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GTCR AP Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 05/15/27(A) |  | 1900 | 1820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 05/01/26(A) |  | 7075 | 6926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/29(A) |  | 2100 | 1834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 12/15/30(A) |  | 1250 | 1231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NFP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 08/15/28(A) |  | 5325 | 4390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NFP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 10/01/30(A) |  | 500 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/01/30(A) |  | 400 | 346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USI |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 05/01/25(A) |  | 4525 | 4359 |
| **Total Insurance - P&C** |  |  | 34163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Connectiv Svcs [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.923%, Euribor 3 Month + 4.125%, 05/15/25(C) | EUR | 1500 | 1458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Companies [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hightower Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/15/29(A) |  | 1547 | 1292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Icahn Enterprises |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/27 |  | 1320 | 1209 |
| **Total Investment Companies** |  |  | 2501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 01/15/28(A) |  | 800 | 682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/29(A) |  | 1900 | 1653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viking Cruises |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/15/25(A) |  | 1395 | 1255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VOC Escrow |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/28(A) |  | 1750 | 1505 |
| **Total Leisure** |  |  | 5095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Lodging [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/01/28(A) |  | 525 | 509 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 10

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/01/29(A) |  | 925 | $800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/30 |  | 375 | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 02/15/32(A) |  | 725 | 581 |
| **Total Lodging** |  |  | 2230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manitowoc |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 04/01/26(A) |  | 830 | 778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery-General Indust [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/01/30(A) |  | 600 | 603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 01/01/31(A) |  | 500 | 512 |
| **Total Machinery-General Indust** |  |  | 1115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norican |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/15/23 | EUR | 837 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Marine Services [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DP World Salaam |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.750%, 01/01/72(C) |  | 2250 | 2224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mersin Uluslararasi Liman Isletmeciligi |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/24 |  | 7450 | 7140 |
| **Total Marine Services** |  |  | 9364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [1.7%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 05/01/27(A) |  | 2050 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/31/29(A) |  | 1350 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMG Media |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 12/15/27(A) |  | 5890 | 4434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulus Media New Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 07/01/26(A) |  | 1100 | 924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diamond Sports Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 08/15/26(A) |  | 250 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Escrow II |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/31(A) |  | 1375 | 991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 07/15/26(A) |  | 1400 | 1247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 05/15/27(A) |  | 2000 | 1774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iHeartCommunications |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 05/01/26 |  | 444 | 408 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iHeartCommunications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 05/01/27 | 4024 | $3421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iHeartCommunications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/27(A) | 600 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamar Media |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/29 | 1525 | 1400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/27(A) | 1920 | 1766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/01/28(A) | 1883 | 1679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group Holdings II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 10/01/31(A) | 800 | 614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/15/27(A) | 3225 | 2958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/01/28(A) | 275 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/29(A) | 975 | 809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/15/30(A) | 925 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ROBLOX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 05/01/30(A) | 1325 | 1044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scripps Escrow |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 07/15/27(A) | 900 | 803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scripps Escrow II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 01/15/31(A) | 1450 | 1162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/15/27(A) | 2375 | 1937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/30(A) | 1200 | 839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/30(A) | 175 | 131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stagwell Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/15/29(A) | 4600 | 3793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEGNA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/15/28 | 600 | 569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEGNA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/15/29 | 2775 | 2633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/29(A) | 775 | 648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 06/30/30(A) | 1025 | 980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Urban One |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/01/28(A) | 1850 | 1564 |
| **Total Media Entertainment** |  | 40689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Labs and Testing Srv [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Acute Care Solutions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/01/26(A) | 1155 | 1025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Products & Services [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bio City Development |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 07/06/19 | 1000 | 50 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 11

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/15/30(A) | 1495 | $1294 |
| **Total Medical Products & Services** |  | 1344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical-HMO [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 06/15/28(A) | 1245 | 1136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Copper [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freeport Indonesia, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.315%, 04/14/32 | 2425 | 2224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Iron [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samarco Mineracao |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/24/23(B) | 4922 | 2215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samarco Mineracao |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 09/26/24(B) | 11800 | 5404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TMS International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/15/29(A) | 1950 | 1395 |
| **Total Metal-Iron** |  | 9014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals & Mining [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/01/29(A) | 1575 | 1398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/15/29(A) | 1550 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vedanta Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 08/09/24 | 3095 | 1951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vedanta Resources Finance II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 04/23/23 | 3635 | 3432 |
| **Total Metals & Mining** |  | 7991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Midstream [1.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmeriGas Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 05/20/25 | 775 | 744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmeriGas Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 08/20/26 | 1175 | 1116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmeriGas Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/20/27 | 425 | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 05/15/26(A) | 75 | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/01/27(A) | 3600 | 3402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/15/28(A) | 1800 | 1670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/15/28 | 1300 | 1175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/01/29 | 1175 | 1057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/31 | 575 | 490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Midstream Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/15/30(A) | 1200 | 985 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestwood Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 04/01/29(A) |  | 1250 | $1244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 06/15/31(A) |  | 1500 | 1258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 06/01/27(A) |  | 675 | 661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/15/29(A) |  | 300 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/31(A) |  | 650 | 531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/01/25(A) |  | 248 | 239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/01/27(A) |  | 2820 | 2695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/15/48 |  | 925 | 693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Midstream Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/15/28 |  | 2425 | 2169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/15/28(A) |  | 825 | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/15/30(A) |  | 525 | 449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/15/30(A) |  | 300 | 275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holly Energy Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/28(A) |  | 800 | 729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solaris Midstream Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 04/01/26(A) |  | 725 | 721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 03/01/27 |  | 1000 | 950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/31(A) |  | 1675 | 1424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Midstream Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/15/25 |  | 1425 | 1206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/15/27 |  | 1050 | 1056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Partners |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/28 |  | 1875 | 1789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.650%, 07/01/26 |  | 1195 | 1134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 03/01/28 |  | 1050 | 963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/15/28 |  | 200 | 184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 03/01/48 |  | 2350 | 1929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/15/48 |  | 800 | 664 |
| **Total Midstream** |  |  | 35088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Miscellaneous Manufacturing [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anolis Capital Markets PCC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 01/01/28 | EUR | 1011 | 942 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 12

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bombardier |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 03/15/25(A) | 669 | $662 |
| **Total Miscellaneous Manufacturing** |  | 1604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Ferrous Metals [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minsur |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/28/31 | 4900 | 4257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nacional del Cobre de Chile |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/05/49 | 339 | 287 |
| **Total Non-Ferrous Metals** |  | 4544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil Field Services [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/01/27(A) | 2350 | 2243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/01/28(A) | 1725 | 1579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 02/01/25(A) | 1375 | 1392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 01/15/26(A) | 1525 | 1437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 05/15/27(A) | 675 | 654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/28(A) | 250 | 229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precision Drilling |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 01/15/26(A) | 750 | 726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precision Drilling |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 01/15/29(A) | 1455 | 1354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Phoenix 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 10/15/24(A) | 774 | 766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Proteus |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 12/01/24(A) | 640 | 631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/01/26 | 2025 | 1942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 09/01/27 | 1725 | 1613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weatherford International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 04/30/30(A) | 1895 | 1820 |
| **Total Oil Field Services** |  | 16386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [1.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARD Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500% PIK, 06/30/27(A) | 3057 | 2128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/29(A) | 1225 | 971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Packaging Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/27(A) | 5725 | 4282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 03/15/26 | 1664 | 1613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/15/28 | 475 | 488 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 08/15/30 |  | 1000 | $797 |
| Berry Global Escrow |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 07/15/26(A) |  | 525 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 04/15/30(A) |  | 5400 | 4624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/15/24(A) |  | 900 | 875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 04/15/25(A) |  | 1500 | 1387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OI European Group BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/15/30(A) |  | 925 | 810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens-Brockway Glass Container |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 01/15/25(A) |  | 975 | 936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens-Brockway Glass Container |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 08/15/25(A) |  | 1875 | 1812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident TPI Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 08/01/24(A) |  | 1700 | 1616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident TPI Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 11/01/25(A) |  | 1525 | 1321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 08/15/27(A) |  | 3350 | 3074 |
| **Total Packaging** |  |  | 27239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging / Paper / Forest Products [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 03/01/26 | EUR | 1000 | 832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/15/28(A) |  | 500 | 440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/15/27(A) |  | 300 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/15/28(A) |  | 300 | 261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/01/29(A) |  | 525 | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 02/01/30(A) |  | 175 | 149 |
| **Total Paper** |  |  | 1580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper & Related Products [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domtar |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/01/28(A) |  | 764 | 669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 10/01/26(A) |  | 2615 | 2307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suzano Austria GmbH |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/30 |  | 2450 | 2294 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 13

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sylvamo |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 09/01/29(A) | 1455 | $1385 |
| **Total Paper & Related Products** |  | 6655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Petroleum & Fuel Products [6.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 02/01/26(A) | 1585 | 1523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canacol Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 11/24/28 | 980 | 865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 11/24/28(A) | 8828 | 7795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/15/26(A) | 1416 | 1295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cosan Overseas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 02/05/71 | 3275 | 3275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/29/30 | 6297 | 5709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 05/28/45 | 4500 | 3134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, ICE LIBOR USD 3 Month + 4.155%, 02/15/71(C) | 805 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ensign Drilling |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 04/15/24(A) | 1700 | 1607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geopark |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/17/27 | 7855 | 6753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 11/01/28(A) | 2726 | 2467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KazMunayGas National JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 04/24/30 | 2550 | 2278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KazMunayGas National JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 10/24/48 | 286 | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinetik Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 06/15/30(A) | 1300 | 1219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 04/04/26 | 8600 | 7331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 03/01/28 | 500 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Laredo Petroleum |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 07/31/29(A) | 705 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Latina Offshore |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 01/31/23(A) | 25765 | 16038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leviathan Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/30/27(A) | 8466 | 8192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Operating |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 08/01/26(A) | 3985 | 3855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Bell Pte |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 01/30/27 | 1610 | 1452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Platinum Road Pte |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/30/25 | 721 | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 02/01/25 | 375 | 358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Fortress Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/15/25(A) | 3480 | 3291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Fortress Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 09/30/26(A) | 1645 | 1528 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nostrum Oil & Gas Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 02/16/25 | 23009 | $4832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Offshore Drilling Holding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 10/19/20 | 38575 | 1597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, (D) (E) | 3683 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 12/31/49(A) (B) | 23137 | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patterson-UTI Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 11/15/29 | 2340 | 2102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petrobras Global Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/10/51 | 2600 | 1989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 10/27/20(B) | 10470 | 1963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 05/17/35(B) | 8689 | 413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos del Peru |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/19/32 | 2900 | 2242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos del Peru |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 06/19/47 | 695 | 454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.350%, 02/12/48 | 550 | 336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.690%, 01/23/50 | 1919 | 1328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 01/28/60 | 2541 | 1606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/21/47 | 1525 | 973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ROCC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 08/15/26(A) | 940 | 936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 07/15/29(A) | 1450 | 1301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/15/38(A) | 1085 | 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ShaMaran Petroleum |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.000%, 07/30/25(A) | 17258 | 16309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinopec Group Overseas Development 2012 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/17/42 | 264 | 243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Midstream Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 10/15/26(A) | 800 | 759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 10/01/25(A) | 1500 | 1513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talos Production |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.000%, 01/15/26 | 749 | 788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tengizchevroil Finance International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/26 | 655 | 559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tengizchevroil Finance International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 08/15/30 | 6200 | 4385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Pontus |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 08/01/25(A) | 672 | 658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tullow Oil |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/01/25 | 6000 | 3621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tullow Oil |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.250%, 05/15/26 | 1408 | 1129 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 14

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 04/04/24 |  | 2485 | $2359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 02/12/26(F) |  | 14346 | 13737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 06/30/29(F) |  | 893 | 714 |
| **Total Petroleum & Fuel Products** |  |  | 152400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.5%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/30/28(A) |  | 625 | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/29(A) |  | 600 | 288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/15/29(A) |  | 3150 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 05/30/29(A) |  | 1950 | 941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/15/31(A) |  | 150 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Americas |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 01/31/27(A) |  | 1775 | 932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catalent Pharma Solutions |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/30(A) |  | 675 | 533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/28 | EUR | 400 | 365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/01/28 | GBP | 1300 | 1273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emergent BioSolutions |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/28(A) |  | 1270 | 631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols Escrow Issuer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/15/28(A) |  | &nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jazz Securities DAC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/15/29(A) |  | 1000 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mallinckrodt International Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 06/15/29(A) |  | 829 | 446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/30/31(A) |  | 1750 | 1514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Syneos Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 01/15/29(A) |  | 2325 | 1870 |
| **Total Pharmaceuticals** |  |  | 12415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing & Publishing [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cimpress |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 06/15/26(A) |  | 1587 | 1097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PCPD Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/18/26 |  | 5000 | 3753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Investment Trusts [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Property REIT |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/15/26(A) |  | 2430 | 2215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Property REIT |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/01/27(A) |  | 2930 | 2449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Necessity Retail REIT |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/30/28(A) |  | 1020 | 750 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rithm Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/15/25(A) | 1430 | $1283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uniti Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/15/28(A) | 1265 | 1005 |
| **Total Real Estate Investment Trusts** |  | 7702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Country Garden Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 01/17/25 | 2600 | 1742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dar Al-Arkan Sukuk |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 02/15/25 | 1815 | 1756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dar Al-Arkan Sukuk |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 02/26/27 | 4675 | 4412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 08/01/28(A) | 930 | 838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaisa Group Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.700%, 11/11/25(B) | 2021 | 274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MAF Global Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.539%, 09/20/71(C) | 7100 | 6799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pakuwon Jati |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 04/29/28 | 7800 | 6868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Redco Properties Group, MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.900%, 02/17/24 | 2905 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Theta Capital Pte |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/31/26 | 2000 | 1280 |
| **Total Real Estate Oper/Develop** |  | 24391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Regional Banks-Non US [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emirates NBD Bank PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, CMTUSD6Y + 3.656%, 09/20/71(C) | 4500 | 4428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Restaurants [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/29(A) | 625 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/30(A) | 5600 | 4531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KFC Holding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/01/27(A) | 975 | 936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/30(A) | 925 | 849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/15/31 | 825 | 692 |
| **Total Restaurants** |  | 7544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcos Dorados BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 05/27/29 | 2400 | 2325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 03/01/33 | 833 | 727 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 15

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 07/01/36 |  | 810 | $712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bloomin' Brands |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/15/29(A) |  | 1140 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlueLinx Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/15/29(A) |  | 900 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fertitta Entertainment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/15/30(A) |  | 1515 | 1222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 09/01/28(A) |  | 815 | 716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/01/30(A) |  | 924 | 822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foot Locker |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/29(A) |  | 2140 | 1667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Future Retail |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 01/22/25 |  | 16200 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;InRetail Consumer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 03/22/28 |  | 2600 | 2236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 03/15/32(A) |  | 1101 | 926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 01/15/42 |  | 700 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michaels |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/28(A) |  | 1295 | 1042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michaels |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 05/01/29(A) |  | 950 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park River Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/01/29(A) |  | 720 | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 08/15/34 |  | 3460 | 1808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vivo Energy Investments BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 09/24/27 |  | 7400 | 6604 |
| **Total Retail** |  |  | 24585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;eG Global Finance |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/30/25 | EUR | 1500 | 1404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Academy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/15/27(A) |  | 1050 | 1005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/29(A) |  | 1100 | 927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/32(A) |  | 700 | 576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 10/01/29(A) |  | 300 | 212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 10/01/31(A) |  | 450 | 314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kontoor Brands |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/15/29(A) |  | 450 | 367 |
| **Total Retailers** |  |  | 3401 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tunghsu Venus Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 06/12/20(B) |  | 4275 | $1180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bach Bidco |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.628%, Euribor 3 Month + 4.250%, 10/15/28(C) | EUR | 1300 | 1279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Castor |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.296%, Euribor 3 Month + 5.250%, 02/15/29(C) | EUR | 2275 | 2352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Promontoria Holding 264 BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/01/27 | EUR | 700 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Promontoria Holding 264 BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.109%, Euribor 3 Month + 6.125%, 03/01/27(C) | EUR | 420 | 426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summer BC Holdco B SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/31/26 | EUR | 1000 | 900 |
| **Total Services** |  |  | 5655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Steel & Steel Works [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CAP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 04/27/31 |  | 7925 | 6182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Islands XI |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/28/28 |  | 800 | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/08/32(A) |  | 1075 | 898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;POSCO Holdings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 09/01/26(D) | EUR | 2400 | 2419 |
| **Total Steel & Steel Works** |  |  | 10262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Supermarkets [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/23(A) |  | 300 | 298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/15/29(A) |  | 1025 | 860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 03/15/26(A) |  | 625 | 570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 03/15/26(A) |  | 1075 | 1098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 02/15/28(A) |  | 950 | 903 |
| **Total Supermarkets** |  |  | 3729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [2.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ams |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 07/31/25(A) |  | 500 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/15/30(A) |  | 5125 | 3777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Knight InfoServ |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 09/01/28(A) |  | 1475 | 1277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boxer Parent |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.125%, 03/01/26(A) |  | 1300 | 1226 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 16

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cars.com |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/01/28(A) | 1850 | $1644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Parent |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 06/15/29(A) | 1800 | 1762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ciena |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/31/30(A) | 300 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarivate Science Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 07/01/28(A) | 350 | 303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarivate Science Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 07/01/29(A) | 1575 | 1339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 03/31/29(A) | 1400 | 1180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/29(A) | 1950 | 1682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Condor Merger Sub |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/15/30(A) | 4400 | 3539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/15/26(A) | 825 | 771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/15/28(A) | 1400 | 1288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dun & Bradstreet |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/29(A) | 1075 | 920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elastic |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/15/29(A) | 3346 | 2703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris Escrow |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 06/15/30(A) | 950 | 876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gartner |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/01/28(A) | 625 | 583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gartner |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 10/01/30(A) | 300 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GoTo Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 09/01/27(A) | 2650 | 1425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HealthEquity |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/01/29(A) | 1525 | 1333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Helios Software Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 05/01/28(A) | 1750 | 1330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Millennium Escrow |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 08/01/26(A) | 1200 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/01/27(A) | 300 | 287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/28(A) | 575 | 490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/15/29(A) | 2540 | 2125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/01/29(A) | 675 | 631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 10/01/30(A) | 1800 | 1485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/28(A) | 1500 | 1287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/31(A) | 350 | 272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Technology Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/28(A) | 1800 | 1046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Technology Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/28(A) | 2250 | 970 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Software |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/15/29(A) |  | 2850 | $2253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Science Applications International |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 04/01/28(A) |  | 400 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate HDD Cayman |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.625%, 12/01/32(A) |  | 2051 | 2249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate HDD Cayman |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/34 |  | 1505 | 1276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 02/15/31(A) |  | 425 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/15/29(A) |  | 600 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 09/01/30(A) |  | 475 | 450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 09/30/27(A) |  | 1325 | 1244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synaptics |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/29(A) |  | 800 | 674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TTM Technologies |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/29(A) |  | 775 | 665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veritas US |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 09/01/25(A) |  | 1500 | 1035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 10/01/29(A) |  | 325 | 273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZipRecruiter |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/30(A) |  | 1935 | 1595 |
| **Total Technology** |  |  | 52263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 01/15/28 | EUR | 600 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/15/29 | EUR | 1400 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 01/15/28 | EUR | 650 | 522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/29 | EUR | 700 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/15/28 | EUR | 1300 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.012%, Euribor 3 Month + 3.250%, 02/15/26(C) | EUR | 1450 | 1335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 02/15/28 | EUR | 300 | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.516%, Euribor 3 Month + 4.875%, 02/01/29(A) (C) | EUR | 1100 | 1012 |
| **Total Telecommunications** |  |  | 6269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telephones & Telecommunications [2.8%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 02/01/27(A) |  | 1325 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France Holding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 05/15/27(A) |  | 720 | 549 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 17

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;America Movil |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 04/04/32(A) | 4570 | $4125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axian Telecom |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/16/27(A) | 7470 | 6499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axtel |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/14/24 | 2173 | 1783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/14/24(A) | 5200 | 4267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C&W Senior Financing DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 09/15/27 | 9040 | 8407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CT Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/03/32 | 800 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/03/32(A) | 7280 | 6393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/23(A) | 4800 | 1838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/15/26(A) | 1500 | 1391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 10/15/28(A) | 760 | 687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Internap Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, | 61 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oi |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%cash/4.000% PIK, 07/27/25 | 8105 | 1378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oztel Holdings SPC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 10/24/23 | 440 | 437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oztel Holdings SPC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 04/24/28 | 6550 | 6550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sixsigma Networks Mexico |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 05/02/25 | 3720 | 3387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile USA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 04/15/26 | 2735 | 2506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turk Telekomunikasyon |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 02/28/25 | 8270 | 7787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viasat |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 04/15/27(A) | 1330 | 1208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viasat |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/15/28(A) | 790 | 593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VTR Comunicaciones |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 01/15/28 | 4470 | 2776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VTR Comunicaciones |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 04/15/29 | 5500 | 3204 |
| **Total Telephones & Telecommunications** |  | 67683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Textile-Products [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Legacy Pte. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/27/24 | 15640 | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Bloom Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 07/05/22 | 16500 | 1650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sri Rejeki Isman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 01/16/25 | 16589 | 166 |
| **Total Textile-Products** |  | 2051 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation Services [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adani International Container Terminal Pvt |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/16/31 | 2719 | $2132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.875%, 08/01/27(A) | 795 | 751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/28(A) | 1825 | 1488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Georgian Railway JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/17/28 | 5600 | 4900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JSW Infrastructure |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 01/21/29(A) | 4500 | 3834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 02/15/27(A) | 1580 | 1369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/31/26(A) | 1065 | 894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/15/27(A) | 1179 | 955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rumo Luxembourg Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 01/18/32 | 5130 | 4104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stena International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 02/01/25(A) | 1200 | 1116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Watco |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/15/27(A) | 1825 | 1734 |
| **Total Transportation Services** |  | 23277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utility - Electric [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/26(A) | 289 | 275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/28(A) | 925 | 824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 03/15/28(A) | 1375 | 1228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/31(A) | 475 | 399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 03/01/31(A) | 825 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enviva Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/15/26(A) | 3225 | 3037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/15/28 | 1950 | 1831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 02/15/29(A) | 550 | 442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/15/29(A) | 770 | 677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 02/15/31(A) | 200 | 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/32(A) | 900 | 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/31/28(A) | 1125 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransAlta |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 11/15/29 | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 09/01/26(A) | 1800 | 1734 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 18

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/15/27(A) |  | 3225 | $3063 |
| **Total Utility - Electric** |  |  | 16111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utility - Electricity [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energia Group NI FinanceCo |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 09/15/24 | GBP | 2000 | 2241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Water [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegea Finance Sarl |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/20/29(A) |  | 3650 | 3590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Wireless Communications [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 02/15/25 |  | 1000 | 1032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 03/01/26 |  | 800 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile USA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/01/28 |  | 325 | 316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile USA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 02/15/29 |  | 1175 | 995 |
| **Total Wireless Communications** |  |  | 3185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Corporate Bonds** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($1685116) |  |  | 1308294 |
| **Loan Participations [23.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace and Defense [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MB Aerospace Holdings II Corp., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.230%, LIBOR + 3.500%, 01/22/25(C) |  | 666 | 577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peraton Corp., Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 02/01/28(C) |  | 2812 | 2741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peraton Corp., Term B-1 Loan, 2nd Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.089%, LIBOR + 7.750%, 02/01/29(C) |  | 510 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Aerosystems, Inc. (fka Mid-Western Aircraft Systems, Inc and Onex Wind Finance LP.), 2022 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.823%, CME Term SOFR + 4.500%, 01/15/27(C) |  | 770 | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., Tranche F Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.980%, LIBOR + 2.250%, 12/09/25(C) |  | 1517 | 1497 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., Tranche H Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.830%, CME Term SOFR + 3.250%, 02/22/27(C) | 275 | $274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Aerospace and Defense** |  | 6336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automobile [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing, Inc., New Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.898%, CME Term SOFR + 3.500%, 12/13/29(C) | 785 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Trailer World Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.173%, CME Term SOFR + 3.750%, 03/03/28(C) | 736 | 633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CWGS Group, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, LIBOR + 2.500%, 06/03/28(C) | 1231 | 1136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DexKo Global Inc., Closing Date Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.480%, LIBOR + 3.750%, 10/04/28(C) | 950 | 849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RVR Dealership Holdings, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.171%, CME Term SOFR + 3.750%, 02/08/28(C) | 1094 | 1005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Automobile** |  | 4390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autokiniton US Holdings (L&W), Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.792%, 04/06/28(C) | 1412 | 1364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP, Amendment No. 1 Euro Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.148%, Euribor + 3.250%, 04/30/26(C) | 1747 | 1791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Safe Fleet, Delayed Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.119%, 02/23/29 | 499 | 481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Automotive** |  | 3636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banking [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexus Buyer LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 11/09/26(C) | 1 | 1 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 19

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Beverage, Food and Tobacco [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milk Specialties Company, Initial Term Loan (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.730%, LIBOR + 4.000%, 08/15/25(C) | 830 | $828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Naked Juice LLC, Initial Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.680%, CME Term SOFR + 6.000%, 01/24/30(C) | 670 | 527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Naked Juice LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.930%, CME Term SOFR + 3.250%, 01/24/29(C) | 563 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whole Earth Brands, Inc., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.230%, CME Term SOFR + 4.500%, 02/05/28(C) | 1507 | 1379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Beverage, Food and Tobacco** |  | 3236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting and Entertainment [0.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing S.A., 2022 Refinancing Dollar Commitments, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.566%, CME Term SOFR + 5.000%, 10/31/27(C) | 335 | 320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing S.A., March 2017 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.829%, LIBOR + 2.750%, 07/15/25(C) | 2368 | 2288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing S.A., October 2017 USD Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.829%, LIBOR + 2.750%, 01/31/26(C) | 1438 | 1381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France S.A., USD TLB-13 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.650%, LIBOR + 4.000%, 08/14/26(C) | 2202 | 2043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating, LLC, Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.140%, LIBOR + 1.750%, 02/01/27(C) | 923 | 900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMG Media Corporation, 2021 Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.230%, LIBOR + 3.500%, 12/17/26(C) | 790 | 738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings, LLC, March 2017 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.568%, LIBOR + 2.250%, 07/17/25(C) | 2083 | 1963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Financing, LLC, Closing Date Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, LIBOR + 5.000%, 08/02/27(C) | 2946 | 2862 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E.W. Scripps Company, The, Tranche B-2 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.946%, LIBOR + 2.563%, 05/01/26(C) | 1257 | $1233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Numericable U.S. LLC, USD TLB-11 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.165%, LIBOR + 2.750%, 07/31/25(C) | 733 | 693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Financing USD LLC, Term Loan AR Facility, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.318%, LIBOR + 2.000%, 04/30/28(C) | 795 | 772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications Inc., 2021 Replacement Converted First-Lien Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 03/15/26(C) | 1816 | 1785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Q, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.568%, LIBOR + 3.250%, 01/31/29(C) | 2000 | 1979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Financing Partnership, Term Loan I Facility, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.818%, LIBOR + 2.500%, 04/30/28(C) | 1460 | 1421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Broadcasting and Entertainment** |  | 20378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Buildings and Real Estate [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 05/15/26(C) | 665 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield WEC Holdings Inc., Initial Term Loan (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 08/01/25(C) | 2005 | 1974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPG International LLC, Closing Date Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.923%, CME Term SOFR + 2.500%, 04/28/29(C) | 545 | 529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Subsea Communications Holding, Inc. , Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.870%, LIBOR + 4.750%, 04/27/27(C) | 721 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forest City Enterprises, L.P., Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 12/08/25(C) | 700 | 672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foundation Building Materials, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.665%, LIBOR + 3.250%, 01/31/28(C) | 849 | 802 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 20

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Griffon Corporation, Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.009%, CME Term SOFR + 2.500%, 01/24/29(C) |  | 2602 | $2551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mannington Mills, Inc., Tranche B-1 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.480%, LIBOR + 3.750%, 08/06/26(C) |  | 1278 | 1016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michael Baker International, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, LIBOR + 5.000%, 12/01/28(C) |  | 516 | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar AcquisitionCo, LLC, Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.180%, CME Term SOFR + 4.500%, 04/29/29(C) |  | 1305 | 1232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.673%, CME Term SOFR + 4.250%, 04/02/29(C) |  | 607 | 593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Specialty Building Products Holdings, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.639%, LIBOR + 3.250%, 10/15/28(C) |  | 572 | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.425%, LIBOR + 2.250%, 09/22/28(C) |  | 2162 | 2134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WireCo WorldGroup Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.938%, LIBOR + 4.250%, 11/13/28(C) |  | 678 | 659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Buildings and Real Estate** |  |  | 14510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media SFA Financial Limited, Term Loan 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.895%, 01/31/29 |  | 1000 | 999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VMED 02 UK 4 Holdco Limited, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.936%, 01/31/29 |  | 2000 | 2060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo B.V., Term Loan H Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.764%, Euribor + 3.000%, 01/31/29(C) | EUR | 4000 | 3936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Cable** |  |  | 6995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cargo Transport [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daseke Companies, Inc., Initial Term Loan (2021), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.390%, LIBOR + 4.000%, 03/09/28(C) |  | 1872 | 1797 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., 2020 Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.923%, CME Term SOFR + 3.500%, 04/06/26(C) | 906 | $861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., 2020 Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.923%, CME Term SOFR + 3.500%, 04/06/26(C) | 487 | 463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ENC Parent Corporation, Delayed Draw Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/19/28(C) | 63 | 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ENC Parent Corporation, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.980%, LIBOR + 4.250%, 08/19/28(C) | 705 | 655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Student Bidco Inc., Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.726%, LIBOR + 3.000%, 07/21/28(C) | 345 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Student Bidco Inc., Initial Term C Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.726%, LIBOR + 3.000%, 07/21/28(C) | 128 | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LaserShip, Inc., Initial Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.230%, LIBOR + 7.500%, 05/07/29(C) | 645 | 381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LaserShip, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.230%, LIBOR + 4.500%, 05/07/28(C) | 736 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Cargo Transport** |  | 5166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Energy Limited Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, LIBOR + 2.500%, 05/07/25(C) | 1811 | 1768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Enterprises Holdings Limited, Refinancing Tranche B Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.235%, LIBOR + 3.500%, 08/28/26(C) | 697 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Momentive Performance Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.330%, 05/15/24 | 1287 | 1282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ravago, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.180%, 02/18/28 | 1743 | 1687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tronox Finance, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.321%, 03/02/28 | 165 | 159 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 21

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vantage Specialty Chemicals, Inc., Initial Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.985%, LIBOR + 8.250%, 10/20/25(C) | 790 | $718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Chemicals** |  | 6281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [1.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARC Falcon I Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 09/30/28(C) | 1728 | 1513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aruba Investments, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.462%, 10/28/27 | 985 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascend Performance Materials Operations LLC, 2021 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.831%, CME Term SOFR + 4.750%, 08/27/26(C) | 1082 | 1016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems Dutch Holding B B.V. (Axalta Coating Systems U.S. Holdings, Inc.), Term B-4 Dollar Facility, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.506%, CME Term SOFR + 3.000%, 12/20/29(C) | 640 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bakelite US Holdco, Inc., Initial Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.730%, CME Term SOFR + 4.000%, 05/29/29(C) | 572 | 531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colouroz Investment 1 GMBH, Initial Term C Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.009%, PIK Interest + 0.750%, 09/21/23(C) | 274 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colouroz Investment 2, LLC, Initial Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.575%, PIK Interest + 0.750%, 09/21/23(C) | 970 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herens Holdco S.a r.l., Facility B (EUR), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.202%, Euribor + 4.000%, 07/03/28(C) | 500 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herens Holdco S.a r.l., Facility B (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.730%, LIBOR + 4.000%, 07/03/28(C) | 964 | 881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ILPEA Parent Inc., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.890%, LIBOR + 4.500%, 06/22/28(C) | 626 | 592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Enterprises Holdings Limited, Refinancing Tranche B Euro Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.204%, Euribor + 3.250%, 08/28/26(C) | 1000 | 1026 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Group Holdings Ltd, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.242%, 10/23/27 | 983 | $996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Styrolution Group GmbH, 2026 Tranche B Euro Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.242%, Euribor + 2.750%, 01/21/26(C) | 1500 | 1498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos US Finance LLC, 2028 Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.923%, CME Term SOFR + 2.500%, 11/08/28(C) | 1174 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kraton Corporation, Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.040%, CME Term SOFR + 3.250%, 03/15/29(C) | 741 | 734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manchester Acquisition Sub LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.304%, CME Term SOFR + 5.750%, 12/01/26(C) | 854 | 687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune Husky US BidCo LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.553%, CME Term SOFR + 5.000%, 10/20/28(C) | 763 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nouryon Finance B.V., Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.165%, LIBOR + 2.750%, 10/01/25(C) | 1589 | 1565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PMHC II, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.494%, CME Term SOFR + 4.250%, 04/23/29(C) | 1272 | 1072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rain Carbon GmbH, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.282%, 01/16/25 | 1000 | 1016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Root Bidco Sarl, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 09/29/27(G) | 1000 | 1047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirona Bidco, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.331%, 10/20/28 | 2500 | 2510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trinseo Materials Operating S.C.A., 2018 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.384%, LIBOR + 2.000%, 09/06/24(C) | 901 | 873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trinseo Materials Operating S.C.A., 2021 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.884%, LIBOR + 2.500%, 05/03/28(C) | 754 | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tronox Finance LLC, 2022 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.830%, CME Term SOFR + 3.250%, 04/04/29(C) | 660 | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Silica Company, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.438%, LIBOR + 4.000%, 05/01/25(C) | 1080 | 1068 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 22

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vantage Specialty Chemicals, Inc., Closing Date Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.230%, LIBOR + 3.500%, 10/28/24(C) | 605 | $589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Chemicals, Plastics and Rubber** |  | 25318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogeco Communications Finance, LP, Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, 09/01/28(C) | 993 | 962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lorca Holdco Limited, Facility B2, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.319%, Euribor + 3.750%, 09/17/27(C) | 1000 | 1020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Communication Services** |  | 1982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amaya, Term Loan, Lien 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.092%, 09/16/28 | 1880 | 1869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camping World, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.453%, 06/03/28 | 726 | 701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patagonia, Cov-Lite Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.960%, 08/01/29 | 640 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restoration Hardware, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, 10/20/28 | 926 | 850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Consumer Discretionary** |  | 3926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Durables [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Justrite (Safety Products) Delay Draw |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.571%, 06/28/26 | 47 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Justrite (Safety Products) Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.571%, 06/28/26 | 862 | 769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Consumer Durables** |  | 810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philips DA, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/09/28 | 2500 | 2126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stiga SPA, Term Loan B-1, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.186%, 03/02/26 | 2584 | 2627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zara UK Midco, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.154%, 02/03/25 | 1000 | 950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Consumer Products** |  | 5703 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tate & Lyle/Primary Products, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.709%, 10/25/28 | 662 | $649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers, Packaging and Glass [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graham Packaging Company Inc., Initial Term Loan (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.384%, LIBOR + 3.000%, 08/04/27(C) | 1603 | 1572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., Facility B (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.259%, CME Term SOFR + 4.750%, 02/12/26(C) | 918 | 812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Packaging Coordinators Midco, Inc., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.230%, LIBOR + 3.500%, 11/30/27(C) | 722 | 684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pregis TopCo LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.188%, CME Term SOFR + 3.750%, 07/31/26(C) | 1950 | 1892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tricorbraun Holdings, Inc., Closing Date Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 03/03/28(C) | 1201 | 1143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident TPI Holdings, Inc., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.980%, LIBOR + 3.250%, 10/17/24(C) | 798 | 787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Containers, Packaging and Glass** |  | 6890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Media [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banijay Entertainment S.A.S. , Facility B (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.892%, LIBOR + 3.750%, 03/01/25(C) | 1205 | 1199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Natural Resources, Precious Metals and Minerals [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom-Munksjo Holding 3 Oy, Facility B (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.480%, LIBOR + 3.750%, 02/04/28(C) | 745 | 709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domtar Corporation, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.792%, LIBOR + 5.500%, 11/30/28(C) | 1054 | 1002 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 23

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings, Inc., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.188%, LIBOR + 3.750%, 04/20/28(C) | 1442 | $1348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Diversified Natural Resources, Precious Metals and Minerals** |  | 3059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified/Conglomerate Service [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agiliti Health, Inc., Amendment No. 2 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, LIBOR + 2.750%, 01/04/26(C) | 711 | 691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Government Services Holdings LLC, Tranche 3 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.558%, CME Term SOFR + 4.000%, 02/15/29(C) | 1746 | 1697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APX Group, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.730%, LIBOR + 3.250%, 07/10/28(C) | 1406 | 1385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employbridge Holding Company, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.494%, LIBOR + 4.750%, 07/19/28(C) | 1188 | 963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energize Holdco LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 12/08/28(C) | 701 | 669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ensono, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.901%, LIBOR + 3.750%, 05/26/28(C) | 507 | 454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holding Socotec, Facility B USD Tranche, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.730%, LIBOR + 4.000%, 06/30/28(C) | 688 | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marnix SAS, Facility B (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.790%, SOFR + 3.750%, 08/04/28(C) | 569 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maverick Bidco Inc., Closing Date Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.165%, LIBOR + 3.750%, 05/18/28(C) | 259 | 245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower, LP, Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 10/23/28(C) | 2280 | 2164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mermaid Bidco Inc., Additional Term Facility (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.960%, LIBOR + 3.500%, 12/22/27(C) | 1192 | 1127 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.985%, LIBOR + 4.250%, 09/01/28(C) | 1272 | $1081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAB Holdings, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.730%, CME Term SOFR + 3.000%, 11/23/28(C) | 715 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Intergovernmental Purchasing Alliance Company, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.080%, CME Term SOFR + 3.500%, 05/23/25(C) | 524 | 516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osmose Utilities Services, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 06/23/28(C) | 1010 | 957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.423%, CME Term SOFR + 4.000%, 12/23/28(C) | 567 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PODS, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.384%, LIBOR + 3.000%, 03/31/28(C) | 719 | 679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;R.R. Donnelley & Sons Company, Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.673%, CME Term SOFR + 6.250%, 11/01/26(C) | 485 | 459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Refficiency Holdings LLC, Initial DDTL (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.654%, LIBOR + 3.750%, 12/16/27(C) | 154 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Refficiency Holdings LLC, Initial Term Loan (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, LIBOR + 3.750%, 12/16/27(C) | 787 | 743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trans Union LLC, 2019 Replacement Term B-5 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.134%, LIBOR + 1.750%, 11/16/26(C) | 991 | 976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trans Union LLC, 2021 Incremental Term B-6 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.634%, LIBOR + 2.250%, 12/01/28(C) | 1416 | 1401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Talent Agency, LLC, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.438%, CME Term SOFR + 4.000%, 07/07/28(C) (E) | 535 | 525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venga Finance S.a r.l., Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.485%, LIBOR + 4.750%, 06/28/29(C) | 1135 | 1037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vizient, Inc., Term B-7 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.671%, CME Term SOFR + 2.250%, 05/16/29(C) | 549 | 547 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 24

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VM Consolidated, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 03/24/28(C) | 443 | $440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;William Morris Endeavor Entertainment, LLC (IMG Worldwide Holdings, LLC), Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.140%, LIBOR + 2.750%, 05/18/25(C) | 3738 | 3650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Diversified/Conglomerate Service** |  | 24968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ecological [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GFL Environmental Inc., 2020 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.415%, LIBOR + 3.000%, 05/30/25(C) | 1114 | 1114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electronics [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegro MicroSystems, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 09/30/27(C) | 130 | 126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AQA Acquisition Holding, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.985%, LIBOR + 4.250%, 03/03/28(C) | 820 | 784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;athenahealth Group Inc., Initial DDTL, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, CME Term SOFR + 3.500%, 02/15/29(C) | 351 | 316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;athenahealth Group Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, CME Term SOFR + 3.500%, 02/15/29(C) | 2064 | 1858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloudera, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 10/08/28(C) | 744 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloudera, Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.384%, LIBOR + 6.000%, 10/08/29(C) | 400 | 333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conduent Business Services, LLC, Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.639%, LIBOR + 4.250%, 10/16/28(C) | 247 | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConnectWise, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 09/29/28(C) | 1047 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConvergeOne Holdings, Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, LIBOR + 5.000%, 01/04/26(C) | 707 | 406 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digi International Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, LIBOR + 5.000%, 11/01/28(C) | 802 | $792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Electronics for Imaging, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, LIBOR + 5.000%, 07/23/26(C) | 1101 | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evercommerce Solutions Inc., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 07/06/28(C) | 926 | 906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gen Digital Inc., Initial Tranche B Term Loan , 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.423%, CME Term SOFR + 2.000%, 09/12/29(C) | 1935 | 1899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Idera, Inc., Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, LIBOR + 3.750%, 03/02/28(C) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Instructure Holdings, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.121%, LIBOR + 2.750%, 10/30/28(C) | 721 | 707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF9 Atlantis Holdings, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.830%, CME Term SOFR + 7.250%, 03/31/29(C) | 600 | 582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magenta Buyer LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.170%, LIBOR + 4.750%, 07/27/28(C) | 1421 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McAfee Corp., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.974%, CME Term SOFR + 3.750%, 03/01/29(C) | 1890 | 1755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2020 June New Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 09/13/24(C) | 1385 | 1344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), Amendment No. 2 Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 09/13/24(C) | 795 | 771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orchid Merger Sub II, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.580%, CME Term SOFR + 4.750%, 07/27/27(C) | 814 | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orion Advisor Solutions, Inc., 2021 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.165%, LIBOR + 3.750%, 09/24/27(C) | 576 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Priority Holdings, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.485%, LIBOR + 5.750%, 04/27/27(C) | 1126 | 1117 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 25

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Technology Global, Inc., 2021 Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.380%, LIBOR + 2.750%, 02/15/28(C) | 1921 | $1193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Inc., 2022 Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.423%, CME Term SOFR + 5.000%, 06/30/28(C) | 650 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seattle SpinCo, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 06/21/24(C) | 1784 | 1779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seattle SpinCo, Inc., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.421%, CME Term SOFR + 4.000%, 02/26/27(C) | 767 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signify Health, LLC , Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.730%, LIBOR + 3.000%, 06/22/28(C) | 609 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snap One Holdings Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.884%, LIBOR + 4.500%, 12/08/28(C) | 1144 | 1044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SolarWinds Holdings, Inc., 2022 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.323%, CME Term SOFR + 4.000%, 02/05/27(C) | 781 | 772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sovos Compliance, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.884%, LIBOR + 4.500%, 08/11/28(C) | 272 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-3 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.134%, LIBOR + 1.750%, 04/16/25(C) | 440 | 432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-4 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.134%, LIBOR + 1.750%, 04/16/25(C) | 367 | 361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-6 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.673%, CME Term SOFR + 2.250%, 03/22/29(C) | 369 | 362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-7 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.673%, CME Term SOFR + 2.250%, 03/22/29(C) | 556 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIBCO Software Inc., Dollar Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.180%, CME Term SOFR + 4.500%, 03/30/29(C) | 470 | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG Inc., 2021-2 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.998%, LIBOR + 3.250%, 05/04/26(C) | 1769 | 1681 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 05/04/26(C) | 632 | $608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Xperi Holding Corporation, Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 06/08/28(C) | 3130 | 3013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Electronics** |  | 33207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arclight, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.534%, 04/13/28 | 828 | 816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.041%, 06/22/27 | 695 | 686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Energy** |  | 1502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hestia Holdings, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.225%, 06/18/27 | 1000 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance (including structured products) [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albion Financing 3 S.a r.l. (Albion Financing LLC), New 2026 US Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.575%, LIBOR + 5.250%, 08/17/26(C) | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Buyer LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, LIBOR + 3.000%, 11/01/28(C) | 637 | 627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group Treasury Limited, USD Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.258%, LIBOR + 3.750%, 07/27/28(C) | 709 | 674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASP Navigate Acquisition Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.092%, LIBOR + 4.500%, 10/06/27(C) | 1145 | 1112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCP Renaissance Parent L.L.C., Initial Term B-3 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.823%, CME Term SOFR + 3.500%, 11/02/26(C) | 1638 | 1619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brown Group Holding, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.884%, LIBOR + 2.500%, 06/07/28(C) | 1228 | 1203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCI Buyer, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.580%, CME Term SOFR + 4.000%, 12/17/27(C) | 1267 | 1207 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 26

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Parent Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.080%, CME Term SOFR + 4.500%, 07/06/29(C) | 535 | $530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citadel Securities LP, 2021 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.938%, CME Term SOFR + 2.500%, 02/02/28(C) | 2575 | 2521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citadel Securities LP, Incremental Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.201%, 02/02/28 | 325 | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTC Holdings, L.P., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.356%, CME Term SOFR + 5.000%, 02/20/29(C) | 741 | 708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRW Holdings, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 03/01/28(C) | 1549 | 1506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FINThrive Software Intermediate Holdings, Inc., Initial Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.134%, LIBOR + 6.750%, 12/17/29(C) | 385 | 290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FINThrive Software Intermediate Holdings, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.384%, LIBOR + 4.000%, 12/18/28(C) | 572 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foundational Education Group, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.592%, CME Term SOFR + 3.750%, 08/31/28(C) | 531 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foundational Education Group, Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.342%, CME Term SOFR + 6.500%, 08/31/29(C) | 170 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geon Performance Solutions, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.230%, LIBOR + 4.500%, 08/18/28(C) | 1399 | 1357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.934%, CME Term SOFR + 4.500%, 03/15/29(C) | 950 | 813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.859%, CME Term SOFR + 7.438%, 03/15/30(C) | 695 | 542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HighTower Holding, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.278%, LIBOR + 4.000%, 04/21/28(C) | 852 | 778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudson River Trading LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.438%, CME Term SOFR + 3.000%, 03/20/28(C) | 1037 | 979 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jane Street Group, LLC, Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 01/26/28(C) | 1590 | $1541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR Apple Bidco, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 09/22/28(C) | 615 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LendingTree, Inc., Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.140%, LIBOR + 3.750%, 09/15/28(C) | 718 | 637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lions Gate Capital Holdings LLC, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.634%, LIBOR + 2.250%, 03/24/25(C) | 717 | 683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 A5 Holdco LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.938%, CME Term SOFR + 3.500%, 10/15/28(C) | 1769 | 1707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mariner Wealth Advisors, LLC, Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 08/18/28(G) | 250 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mariner Wealth Advisors, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.065%, CME Term SOFR + 3.250%, 08/18/28(C) | 580 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paysafe Group Holdings II Limited, Facility B1, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 06/28/28(C) | 748 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pediatric Associates Holding Company, LLC, Amendment No. 1 Incremental Delayed Draw Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 12/29/28(C) | 42 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quirch Foods Holdings, LLC, 2022-1 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.989%, CME Term SOFR + 4.500%, 10/27/27(C) | 982 | 894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Mortgage, L.L.C., Term B-3 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 07/26/26(C) | 499 | 491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summer (BC) Bidco B LLC, Additional Facility B2 (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.230%, LIBOR + 4.500%, 12/04/26(C) | 792 | 733 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 27

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.421%, CME Term SOFR + 3.000%, 01/13/29(C) | 1250 | $1214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Finance (including structured products)** |  | 27919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walker & Dunlop, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.437%, 12/16/28 | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altisource Term Loan B (2018) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.674%, 03/29/24(C) | 687 | 555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EIG Management, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, 01/31/25 | 878 | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.230%, 02/01/27 | 695 | 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Granite FR Bidco, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/17/28(G) | 1000 | 989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harland Clarke, Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.196%, 06/16/26 | 1203 | 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superannuation and Investments, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, 12/01/28 | 774 | 760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 4764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Artisan Newco BV, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.785%, 02/02/29 | 1000 | 949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Biscuit Holding SAS, Facility B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.858%, Euribor + 4.000%, 02/15/27(C) | 1000 | 717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Labeyrie, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 12/31/49 | 1000 | 620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pegasus BidCo B.V., Initial Euro Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.012%, Euribor + 4.250%, 07/12/29(C) | 1000 | 1029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signature Foods, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 01/29/28 | 1000 | 927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Petfood, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.558%, 03/19/28 | 1000 | 997 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF Invest, Senior Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.244%, Euribor + 3.925%, 07/12/28(C) |  | 3000 | $2716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Food, Beverage and Tobacco** |  |  | 7955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food/Tobacco [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;K-Mac, Term Loan, 2nd Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.821%, 06/22/29 |  | 170 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sycamore/Sanderson Farms, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.688%, 07/23/29 |  | 973 | 947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Food/Tobacco** |  |  | 1101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Entertainment plc, Euro Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.702%, Euribor + 2.500%, 07/21/26(C) | EUR | 1193 | 1237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Premier Lotteries, Cov-Lite Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.193%, 06/26/24(C) | EUR | 2413 | 2467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.185%, 02/04/29 |  | 1000 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Gaming** |  |  | 4718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming/Leisure [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Cash Access Term Loan B (2021) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, 06/30/28 |  | 360 | 357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Government [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Paris Club, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 01/10/28(G) | JPY | 216667 | 1304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [1.7%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alloheim Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.954%, 02/26/25 | EUR | 1500 | 1493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auris Luxembourg III S.a r.l., Facility B1A, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.436%, Euribor + 4.000%, 07/24/25(C) | EUR | 3000 | 2868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CAB, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.742%, 01/28/28 |  | 1500 | 1441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chrome Bidco, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.148%, Euribor + 3.250%, 06/30/28(C) |  | 5000 | 4932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Ollopa Holding B.V., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.432%, Euribor + 3.250%, 04/16/25(C) | EUR | 1437 | 1430 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 28

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTEC III GmbH, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.704%, Euribor + 3.750%, 03/16/29(C) |  | 2500 | $2511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diaverum Holding S.a.r.l. (fka Velox Bidco S.a.r.l.), Facility B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.484%, Euribor + 3.250%, 05/24/24(C) | EUR | 1500 | 1477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diaverum Holding S.a.r.l. (fka Velox Bidco S.a.r.l.), Second Lien Facility |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, Euribor + 8.000%, 05/24/24(C) | EUR | 1500 | 1457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diaverum, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 07/04/24(G) |  | 1000 | 985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domus VI |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 10/31/26 |  | 2000 | 1833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elsan SAS , Facility B5, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.431%, Euribor + 3.350%, 06/16/28(C) |  | 3000 | 3012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gesundheits GmbH Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.691%, 07/30/26 | EUR | 2000 | 1840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Homevi Inc., Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.238%, 10/31/26 |  | 1000 | 953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indivior, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.803%, 06/26/26 |  | 780 | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inovie Group, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.193%, 03/03/28 |  | 3000 | 2970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.093%, 03/03/28 |  | 1000 | 1031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insulet Corporation, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.004%, 05/04/28 |  | 564 | 555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mediq BV, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.958%, 03/03/28 |  | 2000 | 1969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneDigital Borrower LLC, 2021 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.494%, CME Term SOFR + 4.250%, 11/16/27(C) |  | 780 | 735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onex TSG Intermediate Corp, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.165%, 02/28/28(C) |  | 582 | 517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PetIQ, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.568%, 04/07/28 |  | 1032 | 929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sam Bidco, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/13/27(G) |  | 1000 | 1060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sotera Health Holdings, LLC, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.165%, 12/11/26(C) |  | 565 | 520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Bidco, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 07/27/28 |  | 1000 | 1003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TakeCare Bidco SAS, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.925%, 05/26/28 |  | 1000 | 1011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TTF/Soliant Health, Cov-Lite Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 03/31/28 |  | 733 | 722 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vivalto Sante, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 07/21/28 | 1500 | $1513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Healthcare** |  | 41531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare, Education and Childcare [1.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 08/24/28(C) | 1932 | 1895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amneal Pharmaceuticals LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, LIBOR + 3.500%, 05/04/25(C) | 400 | 357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASP Dream Acquisition Co LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.673%, CME Term SOFR + 4.250%, 12/15/28(C) | 771 | 740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding, Inc., 2021 Incremental B-5 Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.634%, LIBOR + 2.250%, 11/08/27(C) | 1031 | 1025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita Inc., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.134%, LIBOR + 1.750%, 08/12/26(C) | 1318 | 1283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Envision Healthcare Corporation, Second Out Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.830%, CME Term SOFR + 4.250%, 03/31/27(C) | 366 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Envision Healthcare Corporation, Third Out Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.330%, CME Term SOFR + 3.750%, 03/31/27(C) | 895 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gainwell Acquisition Corp., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.730%, LIBOR + 4.000%, 10/01/27(C) | 1646 | 1541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols Worldwide Operations Limited, Dollar Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.384%, LIBOR + 2.000%, 11/15/27(C) | 740 | 714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Icon Public Limited Company, Lux Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, LIBOR + 2.250%, 07/03/28(C) | 3063 | 3052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Icon Public Limited Company, U.S. Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, LIBOR + 2.250%, 07/03/28(C) | 763 | 760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICU Medical, Inc., Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.230%, CME Term SOFR + 2.500%, 01/08/29(C) | 552 | 533 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 29

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. (fka Regionalcare Hospital Partners Holdings, Inc.), Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.165%, LIBOR + 3.750%, 11/16/25(C) | 720 | $677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mamba Purchaser, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.889%, LIBOR + 3.500%, 10/16/28(C) | 883 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Solutions Holdings, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 11/01/28(C) | 1391 | 1301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MJH Healthcare Holdings, LLC, Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.923%, CME Term SOFR + 3.500%, 01/28/29(C) | 1090 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Mentor Holdings, Inc., Initial Term C Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.480%, LIBOR + 3.750%, 03/02/28(C) | 13 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Mentor Holdings, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.140%, LIBOR + 3.750%, 03/02/28(C) | 648 | 451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Option Care Health, Inc., 2021 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 10/27/28(C) | 1322 | 1310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon & Co., Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, LIBOR + 3.000%, 06/02/28(C) | 1808 | 1788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perrigo Company PLC, Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.923%, CME Term SOFR + 2.500%, 04/20/29(C) | 587 | 583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petco Health and Wellness Company, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.835%, CME Term SOFR + 3.250%, 03/03/28(C) | 1658 | 1607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Newco, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 11/15/28(C) | 1680 | 1615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Surgery Center Holdings, Inc., 2021 New Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.050%, LIBOR + 3.750%, 08/31/26(C) | 1134 | 1118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., Extended Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.573%, CME Term SOFR + 5.250%, 03/02/27(C) | 1972 | 1474 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., Non-Extended Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 02/06/24(C) |  | 558 | $476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weld North Education LLC, 2021 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 12/21/27(C) |  | 550 | 538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Healthcare, Education and Childcare** |  |  | 27082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Home and Office Furnishings, Housewares and Durable Consumer Products [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACProducts Holdings, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.980%, LIBOR + 4.250%, 05/17/28(C) |  | 1354 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hunter Douglas Holding B.V., Tranche B-1 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.859%, CME Term SOFR + 3.500%, 02/26/29(C) |  | 933 | 817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weber-Stephen Products LLC, Initial Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 10/30/27(C) |  | 889 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Home and Office Furnishings, Housewares and Durable Consumer Products** |  |  | 2572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Homebuilders/Materials/Construction [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BME Group Holding BV, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.738%, 10/30/26 |  | 1500 | 1479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erpe Bidco Limited, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.975%, 10/04/24 |  | 1000 | 849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF10 XL Bidco S.C.A., Facility B4, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.127%, Euribor + 3.925%, 04/12/28(C) |  | 3465 | 2979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tencate Grass, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.802%, 10/21/28 |  | 1000 | 966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winterfell Financing S.a r.l., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.651%, 02/18/28 | EUR | 2000 | 1895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Homebuilders/Materials/Construction** |  |  | 8168 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 30

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pax Midco Spain, S.L.U., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, Euribor + 4.750%, 07/01/26(C) | EUR | 1000 | $894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piolin II S.a.r.l., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.984%, Euribor + 3.750%, 09/16/26(C) | EUR | 1000 | 999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PortAventra World, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.479%, 06/13/24 |  | 1000 | 1057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silk Bidco AS, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.908%, Euribor + 4.000%, 02/24/25(C) | EUR | 1500 | 1251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stage Entertainment B.V., Facility B2, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.041%, Euribor + 3.250%, 06/02/26(C) |  | 1750 | 1738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Hotels, Leisure & Entertainment** |  |  | 5939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Motels, Inns and Gaming [0.5%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aimbridge Acquisition Co., Inc., Initial Term Loan (2019), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 02/02/26(C) |  | 703 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Resort Collection, LLC, Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 12/23/24(C) |  | 2841 | 2832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Resort Collection, LLC, Term B-1 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 07/21/25(C) |  | 233 | 232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entain plc, Facility B2 (USD), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.180%, CME Term SOFR + 3.500%, 10/31/29(C) |  | 750 | 746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four Seasons Holdings Inc., 2022 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.673%, CME Term SOFR + 3.250%, 11/30/29(C) |  | 620 | 620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penn National Gaming, Inc., Term B Facility Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.173%, CME Term SOFR + 2.750%, 05/03/29(C) |  | 1905 | 1883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pilot Travel Centers LLC, Initial Tranche B Term Loan , 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.423%, CME Term SOFR + 2.000%, 08/04/28(C) |  | 2301 | 2272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Playa Resorts Holding B.V., 2022 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.576%, CME Term SOFR + 4.250%, 01/05/29(C) |  | 1025 | 997 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games International, Inc., Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.417%, CME Term SOFR + 3.000%, 04/14/29(C) | 1302 | $1281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure Co., 2022 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.608%, CME Term SOFR + 4.000%, 12/14/29(C) | 560 | 550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Hotels, Motels, Inns and Gaming** |  | 12048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Housing [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84 Lumber, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.071%, 11/13/26 | 983 | 965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DTZ Cushman & Wakefield |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.821%, 08/21/25 | 1237 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Empire Today, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.292%, 04/03/28(C) | 602 | 447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GGP (Brookfield Residential Property) Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.687%, LIBOR + 2.500%, 08/27/25(C) | 2554 | 2511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HD Supply Waterworks, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.544%, 07/27/28 | 1358 | 1338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Housing** |  | 6468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial Services [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brightview Landscapes, LLC, Initian Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.573%, 04/20/29(E) | 392 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Gaming, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.062%, 02/09/29 | 498 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/07/29(G) | 560 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vaco Holdings, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.730%, 01/21/29 | 556 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Industrials** |  | 1557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aspect Software, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.676%, 05/03/28 | 895 | 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aspect Software, Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.202%, 05/03/29 | 175 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E2open, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.685%, 02/04/28 | 1188 | 1165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magenta Buyer, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.670%, 07/27/29 | 110 | 86 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 31

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Worldwide, Cov-Lite Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.830%, 07/28/28 | 1322 | $1303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultra Clean Holdings, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, 08/27/25 | 1986 | 1974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zacapa S.a r.l., Initial Term Loan (2022), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.830%, CME Term SOFR + 4.250%, 03/22/29(C) | 2236 | 2144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Information Technology** |  | 7413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-4 Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.634%, LIBOR + 5.250%, 01/20/29(C) | 3205 | 2477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-7 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.384%, LIBOR + 3.000%, 11/03/24(C) | 1000 | 969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Insurance** |  | 3446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure, Amusement, Motion Pictures, Entertainment [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Formula One Management Limited, Facility B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.573%, CME Term SOFR + 3.250%, 01/15/30(C) | 725 | 724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herschend Entertainment Company, LLC, Initial Term Loan (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.190%, LIBOR + 3.750%, 08/27/28(C) | 731 | 722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakeshore Learning Materials, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.230%, LIBOR + 3.500%, 09/29/28(C) | 675 | 658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Holdings LP , Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.097%, CME Term SOFR + 3.500%, 04/04/29(C) | 1635 | 1557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Leisure, Amusement, Motion Pictures, Entertainment** |  | 3661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery (Non-Agriculture, Non-Construction and Non-Electronic) [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ali Group North America Corporation, Initial Tranche B Term Loan , 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.438%, CME Term SOFR + 2.000%, 07/30/29(C) | 1154 | 1143 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ChampionX Corporation, Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.567%, CME Term SOFR + 3.250%, 06/07/29(C) | 930 | $924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clark Equipment Company, Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.180%, CME Term SOFR + 2.500%, 04/20/29(C) | 486 | 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent Corp., Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.134%, LIBOR + 2.750%, 07/02/29(C) | 840 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates Global LLC, Initial B-3 Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.884%, LIBOR + 2.500%, 03/31/27(C) | 669 | 654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grinding Media Inc. (Molycop Ltd.), Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.702%, LIBOR + 4.000%, 10/12/28(C) | 738 | 683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MHI Holdings, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, LIBOR + 5.000%, 09/21/26(C) | 1837 | 1816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., Initial Dollar Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.171%, CME Term SOFR + 2.750%, 08/17/29(C) | 1560 | 1539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spin Holdco Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.765%, LIBOR + 4.000%, 03/04/28(C) | 840 | 705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Machinery (Non-Agriculture, Non-Construction and Non-Electronic)** |  | 8772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Safic-Alcan, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/22/29(G) | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aggreko, Term loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/31/26 | 1500 | 1564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alpha Bidco, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 07/30/25 | 1500 | 1497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCP V Modular Services, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.693%, 10/07/28 | 3000 | 2980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delachaux, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.988%, 04/16/26 | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DexKo Global Inc., Delayed Draw Euro Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.202%, Euribor + 4.000%, 10/04/28(C) | 96 | 86 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 32

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DexKo Global Inc., German Borrower Closing Date Euro Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.202%, Euribor + 4.000%, 10/04/28(C) |  | 309 | $278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DexKo Global Inc., Lead Borrower Closing Date Euro Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.202%, Euribor + 4.000%, 10/04/28(C) |  | 595 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dexko Global Inc., Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.587%, 10/04/28 |  | 405 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Distributed Power Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, Euribor + 3.500%, 10/03/25(C) | EUR | 1000 | 989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flender, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.216%, 01/21/28 |  | 1000 | 985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertical Midco, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.256%, 07/30/27 |  | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Manufacturing/Machinery/Industrial** |  |  | 11296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caldic, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.844%, 02/26/29 |  | 562 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Arclin/ARC Falcon, Cov-Lite Delayed Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 09/30/28(G) |  | 255 | 223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Materials** |  |  | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allen Media, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.230%, 02/10/27 |  | 1150 | 937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houghton Mifflin, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.437%, 04/04/29 |  | 715 | 678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hubbard Radio, LLC, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.330%, 03/28/25 |  | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WideOpenWest Finance, LLC, Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.580%, CME Term SOFR + 3.000%, 12/20/28(C) |  | 541 | 522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Media** |  |  | 2137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals/Minerals [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMG Advanced Metallurgical Group Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, LIBOR + 3.000%, 01/30/25(C) |  | 491 | 473 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atkore International, Inc., Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/18/28 |  | 665 | $661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consol Energy Inc. Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.687%, 09/27/24(C) |  | 612 | 604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oxbow Carbon LLC, Tranche B Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.924%, LIBOR + 4.250%, 10/13/25(C) |  | 952 | 945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Metals/Minerals** |  |  | 2683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mining, Steel, Iron and Nonprecious Metals [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NWR Holdings B.V., Super Senior Term Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.500%, 12/31/49 | EUR | 1011 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil and Gas [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackBrush Oil & Gas, L.P., Closing Date Commitment (Term Loan), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.176%, LIBOR + 5.000%, 09/03/25(C) |  | 442 | 420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Keane Group Holdings, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.938%, LIBOR + 3.500%, 05/25/25(C) |  | 1624 | 1583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;M6 ETX Holdings II Midco LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.158%, CME Term SOFR + 4.500%, 09/19/29(C) |  | 1347 | 1345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medallion Midland Acquisition, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.592%, CME Term SOFR + 3.750%, 10/18/28(C) |  | 641 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oryx Midstream Services Permian Basin LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.924%, LIBOR + 3.250%, 10/05/28(C) |  | 1414 | 1395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil and Gas** |  |  | 5377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging / Paper / Forest Products [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom-Munksjo Holding 3 Oy, Facility B (EUR), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.452%, Euribor + 3.250%, 02/04/28(C) |  | 1500 | 1511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., Facility B (EUR), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.827%, Euribor + 4.750%, 02/12/26(C) |  | 1000 | 938 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 33

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Multi-Color Coporation, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.492%, 10/20/28 |  | 1987 | $2013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weener Plastics Group Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.878%, Euribor + 3.750%, 06/20/25(C) | EUR | 1500 | 1516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Packaging / Paper / Forest Products** |  |  | 5978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Personal and Non-Durable Consumer Products (Manufacturing Only) [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABG Intermediate Holdings 2 LLC, 2021 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 09/27/24(C) |  | 961 | 954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABG Intermediate Holdings 2 LLC, Initial Term Loan, 2nd Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.423%, CME Term SOFR + 6.000%, 12/20/29(C) |  | 310 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BK LC Lux SPV S.a r.l., Facility B (USD), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.690%, LIBOR + 3.250%, 04/28/28(C) |  | 518 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada Goose Inc., 2021 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.230%, LIBOR + 3.500%, 10/07/27(C) |  | 919 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coty Inc., Term B USD Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.471%, LIBOR + 2.250%, 04/07/25(C) |  | 795 | 780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tory Burch LLC, Initial Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, LIBOR + 3.500%, 04/16/28(C) |  | 573 | 527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Personal and Non-Durable Consumer Products (Manufacturing Only)** |  |  | 3937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Personal Transportation [0.4%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAdvantage Loyality IP Ltd. (American Airlines, Inc.), Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.993%, LIBOR + 4.750%, 04/20/28(C) |  | 3295 | 3277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC (Mileage Plus Intellectual Property Assets, Ltd.), Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.996%, LIBOR + 5.250%, 06/21/27(C) |  | 2675 | 2749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SkyMiles IP Ltd. (Delta Air Lines, Inc.), Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.993%, LIBOR + 3.750%, 10/20/27(C) |  | 2560 | 2606 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United AirLines, Inc., Class B Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.108%, LIBOR + 3.750%, 04/21/28(C) |  | 882 | $869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Personal Transportation** |  |  | 9501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Personal, Food and Miscellaneous Services [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flynn Restaurant Group LP, Series 2021 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.634%, LIBOR + 4.250%, 12/01/28(C) |  | 764 | 714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [1.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aenova, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.034%, 03/06/26 |  | 3500 | 3291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AI Sirona (Luxembourg) Acquisition S.a r.l., Additional Facility B1 (EUR), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.148%, Euribor + 3.250%, 09/29/25(C) | EUR | 2000 | 2050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheplapharm, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.340%, 02/09/29 |  | 3000 | 3082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco Sarl, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.242%, 05/29/28 |  | 1000 | 1013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Mendel, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.443%, 03/27/26 | EUR | 2000 | 2091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Verdi I SAS, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.447%, 03/31/28 |  | 2000 | 1955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nextpharma Holdings Ltd, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/31/28 |  | 1000 | 956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nidda Healthcare Holding GmbH, Facility F (EUR), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.948%, Euribor + 3.500%, 08/21/26(C) |  | 3500 | 3419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nidda Healthcare Holding GmbH, Facility F (GBP), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.470%, LIBOR + 4.500%, 08/21/26(C) |  | 1000 | 1053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon & Co, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/02/28 |  | 995 | 1040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stamina BidCo B.V., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.403%, Euribor + 4.000%, 11/16/28(C) |  | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Theramex, Cov-Lite Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.749%, 08/09/29 |  | 1000 | 1037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unifin/Facility B, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 10/24/25 |  | 1000 | 1038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pharmaceuticals** |  |  | 23031 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 34

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing, Publishing and Broadcasting [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AppLovin Corporation, Amendment No. 6 New Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, Prime Rate + 2.000%, 10/25/28(C) |  | 478 | $453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AppLovin Corporation, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, Prime Rate + 2.250%, 08/15/25(C) |  | 1591 | 1528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constant Contact, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.909%, LIBOR + 4.000%, 02/10/28(C) |  | 515 | 451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.730%, LIBOR + 5.000%, 05/25/26(C) |  | 682 | 573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dun & Bradstreet Corporation, The, 2022 Incremental Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.573%, CME Term SOFR + 3.250%, 01/18/29(C) |  | 1500 | 1473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.570%, LIBOR + 5.000%, 04/28/28(C) |  | 945 | 881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McGraw-Hill Education, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.316%, LIBOR + 4.750%, 07/28/28(C) |  | 880 | 826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Printing, Publishing and Broadcasting** |  |  | 6185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Publishing and Media-other [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dlg Acquisitions Limited |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.791%, 05/15/26 | EUR | 1000 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infinitas Learn Cov-Lite Lien1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/21/28 |  | 1000 | 984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S4 Capital Lux, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.547%, 07/31/28 |  | 1000 | 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Springer Nature Deutschland, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 08/14/26 |  | 1189 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Publishing and Media-other** |  |  | 4255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Academy, LTD., Initial Term Loan (2021), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.870%, LIBOR + 3.750%, 11/05/27(C) |  | 547 | 543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascena Retail Group, Inc. (Anntaylor Retail, Inc.), Tranche B Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, LIBOR + 4.500%, 08/28/23(C) |  | 248 |  |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belk,Inc., First-Out Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.199%, LIBOR + 7.500%, 07/31/25(C) |  | 1635 | $1430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belk,Inc., Second-Out Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, FIXED + 0.000%, 07/31/25(C) |  | 652 | 70 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.C. Penney Corporation, Inc. , Loan (2016), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, LIBOR + 4.250%, 06/23/23(B) (C) (E) |  | 794 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail** |  |  | 2044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.5%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AL AS Adventure, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.132%, 04/24/26 |  | 2228 | 2182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CD&R Firefly Bidco Limited, Facility B1, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.542%, SONIA + 4.250%, 06/23/25(C) | GBP | 2500 | 2757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro Garage Limited (EG Group) (GBP) Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.073%, LIBOR + 4.750%, 02/07/25(C) | GBP | 1915 | 2073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding Iii B.V |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.443%, 11/27/26 | EUR | 3000 | 3131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.202%, Euribor + 3.000%, 03/07/25(C) | EUR | 1000 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THG Operations Holdings Limited, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/10/26 | EUR | 1000 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail (non-food/drug)** |  |  | 12017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail Stores [0.3%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belfor Holdings Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.384%, LIBOR + 4.000%, 04/06/26(C) |  | 1250 | 1237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evergreen Acqco 1 LP, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.342%, CME Term SOFR + 5.500%, 04/26/28(C) |  | 822 | 792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Outdoors Group, LLC, Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 03/06/28(C) |  | 905 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jo-Ann Stores, LLC, Term B-1 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.077%, LIBOR + 4.750%, 07/07/28(C) |  | 795 | 534 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 35

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LBM Acquisition, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.121%, LIBOR + 3.750%, 12/17/27(C) | 1187 | $1027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower, LLC, 2021 Refinancing Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.505%, LIBOR + 2.750%, 09/23/26(C) | 1843 | 1825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rent-A-Center, Inc., Initial Term Loan (2021), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.688%, LIBOR + 3.250%, 02/17/28(C) | 1020 | 980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rising Tide Holdings, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.485%, LIBOR + 4.750%, 06/01/28(C) | 141 | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rising Tide Holdings, Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.985%, LIBOR + 8.250%, 06/01/29(C) | 455 | 159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toys 'R' Us Property Company I, LLC, Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 03/20/22(G) | 9 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WH Borrower, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.364%, CME Term SOFR + 5.500%, 02/15/27(C) | 614 | 583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail Stores** |  | 8111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [1.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.389%, 08/12/28 | 744 | 737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Public Education, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.571%, 03/29/27 | 886 | 862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.726%, 07/23/28 | 1500 | 1518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assystem Technologies, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 09/27/24 | 1000 | 808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AVS Holding, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.372%, 09/10/26 | 1000 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition 1 Co., Amendment No. 2 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.071%, LIBOR + 3.000%, 10/30/26(C) | 1065 | 1048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consilio, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.071%, 04/30/28 | 844 | 797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eagle Bidco Limited, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/20/28 | 1000 | 994 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eagle Bidco Limited, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.719%, 03/10/28 |  | 1182 | $1284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foncia, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.620%, 03/17/28 |  | 2000 | 1947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin UK Midco Limited, New Facility B1, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.712%, Euribor + 5.250%, 12/18/26(C) |  | 598 | 605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin UK Midco Limited, New Facility B2, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.712%, Euribor + 5.250%, 12/18/26(C) |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin UK Midco Limited, New Facility B3, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.712%, Euribor + 5.250%, 12/18/26(C) |  | 231 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin UK Midco Limited, New Facility B4, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.712%, Euribor + 5.250%, 12/18/26(C) |  | 151 | 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freshworld Holding III, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.686%, 10/02/26 |  | 1000 | 998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galileo Global Education, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.291%, 07/09/28 |  | 1000 | 1020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gfk SE, Term Loan B-1, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/21/28 |  | 1500 | 1571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gopher Resource, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, 03/06/25 |  | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grandir, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/30/28 |  | 857 | 872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.954%, 09/30/28 |  | 143 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harsco, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/05/28 |  | 662 | 616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invent Farma, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.438%, 02/12/28 |  | 1000 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kronosnet, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.252%, 07/28/29 |  | 1500 | 1472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGroup Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.692%, 07/25/25 | GBP | 2700 | 2984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Obol France 3 SAS, Facility B2, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.355%, Euribor + 4.750%, 12/31/25(C) |  | 1273 | 1190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oravel Stays, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.860%, 06/05/26 |  | 529 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proxiserve (aka Persea) Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.857%, 02/27/26 | EUR | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QA Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.812%, LIBOR + 4.750%, 07/26/24(C) | GBP | 1500 | 1690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sapphire Bidco B.V., Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.185%, 05/05/25 | EUR | 2500 | 2538 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 36

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Siaci Saint Honore, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.225%, 07/21/28 |  | 1500 | $1528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signal Parent, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, LIBOR + 3.500%, 03/25/28(C) |  | 946 | 563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Group, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/28/28 |  | 2500 | 2587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. George's University Scholastic Services LLC, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, 02/10/29 |  | 775 | 753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unique BidCo AB, Facility B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.302%, Euribor + 5.250%, 12/14/29(C) |  | 1000 | 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verisure Holding AB (publ), Facility B (EUR), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.378%, Euribor + 3.250%, 03/27/28(C) |  | 3000 | 2973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.252%, 10/27/25 |  | 953 | 990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WSH Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.959%, 02/27/26 | GBP | 1000 | 1068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Services** |  |  | 41043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Shipping [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Worldwide Express/GlobalTranz, Term Loan, 2nd Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.674%, 07/26/29 |  | 350 | 290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumileds, Exit Takeback Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/31/27(G) |  | 139 | 121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/16/29(G) |  | 1610 | 1571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trace3, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.127%, 10/06/28 |  | 478 | 446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UST Holdings Ltd, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.137%, 11/20/28 |  | 768 | 748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virtusa, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, 02/11/28 |  | 1180 | 1136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Technology** |  |  | 4022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.8%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civica, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.979%, 10/10/24(C) | GBP | 1000 | 1046 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colour Bidco (NGA UK) Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.430%, LIBOR + 5.250%, 11/22/24(C) | GBP | 1584 | $1752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concorde Lux, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/28 |  | 995 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dedalus, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.782%, 05/04/27 |  | 1000 | 964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greeneden U.S. Holdings I, LLC, Initial Euro Term Loan (2020), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, Euribor + 4.250%, 10/08/27(C) |  | 983 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Trading Finance Limited, Initial Euro Term Loan (2021), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.452%, Euribor + 4.250%, 04/01/28(C) |  | 3950 | 3959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MA Financeco., LLC, Euro Tranche B-1 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.366%, Euribor + 4.500%, 05/29/25(C) | EUR | 774 | 820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MA Financeco., LLC, Euro Tranche B-2 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.462%, Euribor + 4.000%, 02/26/27(C) | EUR | 2000 | 2116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oberthur Technologies SA, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.443%, 01/09/26 |  | 2500 | 2570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paysafe Holdings, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.492%, 06/09/28 |  | 975 | 953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Polaris Newco LLC, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.193%, 06/02/28 |  | 1980 | 1967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Technicolor Creative, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 09/07/26 |  | 400 | 241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Technology, Electronics, Software & IT** |  |  | 18390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [1.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France S.A. (Ypso France SAS), EUR TLB-11 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.605%, Euribor + 3.000%, 07/31/25(C) | EUR | 1000 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AP Core Holdings II, LLC, Term B-1 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.884%, LIBOR + 5.500%, 09/01/27(C) |  | 1000 | 902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AP Core Holdings II, LLC, Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.884%, LIBOR + 5.500%, 09/01/27(C) |  | 500 | 449 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 37

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Circet Europe, Senior Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.452%, Euribor + 3.250%, 10/13/28(C) |  | 2500 | $2546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cobham Ultra SeniorCo S.a r.l., Facility B (USD), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.063%, LIBOR + 3.750%, 08/06/29(C) |  | 785 | 761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco Sarl, Amendment No. 1 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.890%, LIBOR + 3.500%, 12/11/26(C) |  | 2018 | 1992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Communications, Inc., Term B-1 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, LIBOR + 3.500%, 10/02/27(C) |  | 730 | 643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coral-US Co-Borrower LLC, Term B-5 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.568%, LIBOR + 2.250%, 01/31/28(C) |  | 1385 | 1338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Creation Technologies Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.248%, LIBOR + 5.500%, 10/05/28(C) |  | 766 | 609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eircom Finco S.a r.l., Facility B (2019), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 05/15/26 | EUR | 1500 | 1544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings S.A., Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.445%, CME Term SOFR + 4.250%, 02/01/29(C) |  | 1274 | 1228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iridium Satellite LLC, Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.923%, CME Term SOFR + 2.500%, 11/04/26(C) |  | 446 | 441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lorca Holdco Limited, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.819%, Euribor + 4.250%, 09/17/27(C) |  | 3500 | 3607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radiate Holdco, LLC, Amendment No. 6 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.634%, LIBOR + 3.250%, 09/25/26(C) |  | 1801 | 1457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UPC Broadband Holding B.V., Facility AY, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.363%, Euribor + 3.000%, 01/31/29(C) |  | 1000 | 1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Ireland Limited, Facility B1, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.863%, Euribor + 3.500%, 07/15/29(C) |  | 2500 | 2537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyage Digital (NZ) Limited, Initial U.S. Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.784%, CME Term SOFR + 4.500%, 05/11/29(C) |  | 638 | 627 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WP/AP Telecom Holdings IV B.V., Facility B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.202%, Euribor + 4.000%, 03/30/29(C) | 3000 | $3073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Telecommunications** |  | 25791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Storage, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 09/25/26 | 1000 | 985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Power, LLC (Eastern Covert Midco, LLC), Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.480%, LIBOR + 3.750%, 10/02/25(C) | 987 | 874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generation Bridge, LLC, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.730%, LIBOR + 5.000%, 12/01/28(C) | 540 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generation Bridge, LLC, Term C Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.730%, LIBOR + 5.000%, 12/01/28(C) | 11 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Granite Generation LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, LIBOR + 3.750%, 11/09/26(C) | 1069 | 1037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.188%, CME Term SOFR + 3.750%, 08/28/25(C) | 639 | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Longview Power LLC, Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.500%, 04/14/25 | 216 | 211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm, Green Cov-Lite Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.403%, 05/21/29 | 883 | 875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Traverse Midstream Partners LLC, Advance, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.950%, CME Term SOFR + 4.250%, 09/27/24(C) | 825 | 823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WaterBridge Midstream Operating LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.127%, LIBOR + 5.750%, 06/22/26(C) | 1736 | 1665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Utilities** |  | 6660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Loan Participations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $602,804) |  | 555647 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 38

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| **Mortgage-Backed Securities [14.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522 Funding CLO, Ser 2021-7A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.545%, ICE LIBOR USD 3 Month + 6.220%, 04/23/34(A) (C) |  | 1700 | $1422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.066%, Euribor 3 Month + 6.020%, 09/15/34(C) | EUR | 1000 | 854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO DAC, Ser 2021-4X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.253%, Euribor 3 Month + 5.710%, 04/25/34(C) | EUR | 1000 | 833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO III DAC, Ser 2021-3X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.268%, Euribor 3 Month + 5.890%, 07/15/34(C) | EUR | 1250 | 1052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO VII DAC, Ser 2020-7X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.446%, Euribor 3 Month + 6.400%, 03/15/33(C) | EUR | 3500 | 2948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares European CLO VIII DAC, Ser 2019-8X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.698%, Euribor 3 Month + 6.320%, 04/17/32(C) | EUR | 1500 | 1299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares European CLO XIII BV, Ser 2020-13X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.806%, Euribor 3 Month + 6.350%, 07/20/32(C) | EUR | 5650 | 4963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO I DAC, Ser 2021-1X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.592%, Euribor 3 Month + 6.090%, 10/24/33(C) | EUR | 850 | 715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO II DAC, Ser 2018-2X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.248%, Euribor 3 Month + 6.450%, 11/15/31(C) | EUR | 1000 | 750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO V DAC, Ser 2021-5X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.708%, Euribor 3 Month + 3.130%, 07/28/34(C) | EUR | 900 | 811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aurium CLO II DAC, Ser 2021-2X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.161%, Euribor 3 Month + 6.080%, 06/22/34(C) | EUR | 2155 | 1769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aurium CLO VII DAC, Ser 2021-7X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.658%, Euribor 3 Month + 5.860%, 05/15/34(C) | EUR | 2125 | 1845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BABSN CLO, Ser 2018-IA, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.743%, ICE LIBOR USD 3 Month + 5.500%, 01/20/31(A) (C) |  | 2000 | 1406 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Euro CLO DAC, Ser 2018-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.426%, Euribor 3 Month + 4.970%, 04/20/32(C) | EUR | 1690 | $1350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings CLO 2019-III, Ser 2021-3A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.943%, ICE LIBOR USD 3 Month + 6.700%, 04/20/31(A) (C) |  | 1500 | 1331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO 2015-1 DAC, Ser 2022-1X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.403%, Euribor 3 Month + 6.860%, 07/25/35(C) | EUR | 1220 | 1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO BV, Ser 2018-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.498%, Euribor 3 Month + 4.120%, 04/15/31(C) | EUR | 4275 | 3533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO BV, Ser 2018-2X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.428%, Euribor 3 Month + 5.050%, 10/15/31(C) | EUR | 3000 | 2414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO BV, Ser 2018-3X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.367%, Euribor 3 Month + 5.790%, 07/27/31(C) | EUR | 2900 | 2386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2020-2X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.002%, Euribor 3 Month + 6.500%, 07/24/32(C) | EUR | 2475 | 2123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Battalion CLO 18, Ser 2021-18A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.789%, ICE LIBOR USD 3 Month + 6.710%, 10/15/36(A) (C) |  | 2000 | 1596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Battalion CLO X, Ser 2021-10A, Cl DR2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.935%, ICE LIBOR USD 3 Month + 6.610%, 01/25/35(A) (C) |  | 2750 | 2151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Battalion Clo XIV, Ser 2021-14A, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.683%, ICE LIBOR USD 3 Month + 3.440%, 01/20/35(A) (C) |  | 2000 | 1736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Battalion Clo XIV, Ser 2021-14A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.103%, ICE LIBOR USD 3 Month + 6.860%, 01/20/35(A) (C) |  | 3500 | 2871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Birch Grove CLO 2, Ser 2021-2A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.177%, ICE LIBOR USD 3 Month + 6.950%, 10/19/34(A) (C) |  | 3875 | 3237 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 39

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Birch Grove CLO 3, Ser 2021-3A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.207%, ICE LIBOR USD 3 Month + 6.980%, 01/19/35(A) (C) |  | 4000 | $3338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Diamond CLO, Ser 2021-1A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.805%, ICE LIBOR USD 3 Month + 7.480%, 11/22/34(A) (C) |  | 1000 | 850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO DAC, Ser 2018-1X, Cl FR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.646%, Euribor 3 Month + 6.600%, 03/15/31(C) | EUR | 1750 | 1343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European Clo III Designated Activity, Ser 2021-3X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.588%, Euribor 3 Month + 6.130%, 07/19/35(C) | EUR | 3000 | 2470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO IX DAC, Ser 2019-9X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.966%, Euribor 3 Month + 8.920%, 12/15/32(C) | EUR | 1250 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bluemountain Euro 2021-2 CLO DAC, Ser 2021-2X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.588%, Euribor 3 Month + 6.210%, 10/15/35(C) | EUR | 1500 | 1288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bluemountain Euro CLO DAC, Ser 2021-2X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.478%, Euribor 3 Month + 3.100%, 10/15/35(C) | EUR | 1150 | 1046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bosphorus CLO IV DAC, Ser 2018-4X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.676%, Euribor 3 Month + 4.630%, 12/15/30(C) | EUR | 2000 | 1695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bosphorus CLO VI DAC, Ser 2021-6X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.698%, Euribor 3 Month + 5.800%, 05/25/34(C) | EUR | 2500 | 2110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XI DAC, Ser 2019-11X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.148%, Euribor 3 Month + 6.770%, 07/15/32(C) | EUR | 5850 | 5121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIII DAC, Ser 2021-13X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.576%, Euribor 3 Month + 6.120%, 10/20/33(C) | EUR | 1000 | 836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIV DAC, Ser 2021-14X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.688%, Euribor 3 Month + 6.110%, 10/29/34(C) | EUR | 1000 | 832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Four CLO I DAC, Ser 2019-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.848%, Euribor 3 Month + 6.470%, 01/15/33(C) | EUR | 1500 | 1296 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Four CLO II DAC, Ser 2021-2X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.288%, Euribor 3 Month + 5.910%, 01/15/34(C) | EUR | 2700 | $2296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO 2017-1 DAC, Ser 2021-1X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.848%, Euribor 3 Month + 6.470%, 07/15/34(C) | EUR | 1650 | 1410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2017-3X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.958%, Euribor 3 Month + 4.580%, 01/15/31(C) | EUR | 2000 | 1689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.298%, Euribor 3 Month + 3.500%, 02/15/36(C) | EUR | 1350 | 1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.258%, Euribor 3 Month + 6.460%, 02/15/36(C) | EUR | 2700 | 2226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies CLO, Ser 2018-4RA, Cl C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.979%, ICE LIBOR USD 3 Month + 2.900%, 07/15/30(A) (C) |  | 1800 | 1595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO, Ser 2020-1X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.878%, Euribor 3 Month + 5.500%, 01/16/33(C) | EUR | 2000 | 1646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-1X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.308%, Euribor 3 Month + 4.930%, 07/15/31(C) | EUR | 3300 | 2755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-3X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.123%, Euribor 3 Month + 4.580%, 01/25/32(C) | EUR | 2400 | 1982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2022-2X, Cl CRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.491%, Euribor 3 Month + 3.700%, 11/10/35(C) | EUR | 2500 | 2234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2022-2X, Cl DRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.441%, Euribor 3 Month + 6.650%, 11/10/35(C) | EUR | 1450 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catamaran CLO, Ser 2018-1A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.728%, ICE LIBOR USD 3 Month + 6.370%, 10/25/31(A) (C) |  | 3500 | 2775 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 40

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cathedral Lake VI, Ser 2021-6A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.568%, ICE LIBOR USD 3 Month + 7.210%, 04/25/34(A) (C) |  | 4000 | $3438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cathedral Lake VIII, Ser 2021-8A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.733%, ICE LIBOR USD 3 Month + 7.490%, 01/20/35(A) (C) |  | 2000 | 1646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIFC European Funding CLO IV DAC, Ser 2021-4X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.503%, Euribor 3 Month + 3.100%, 08/18/35(C) | EUR | 1300 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIFC European Funding CLO V DAC, Ser 2021-5X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.528%, Euribor 3 Month + 3.150%, 11/23/34(C) | EUR | 1430 | 1297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQS US CLO, Ser 2021-1A, Cl D1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.793%, ICE LIBOR USD 3 Month + 3.550%, 01/20/35(A) (C) |  | 1000 | 916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQS US CLO, Ser 2021-1A, Cl DJ |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.223%, ICE LIBOR USD 3 Month + 4.980%, 01/20/35(A) (C) |  | 300 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQS US CLO 2022-2, Ser 2022-2A, Cl E1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.197%, TSFR3M + 6.850%, 07/20/31(A) (C) |  | 2000 | 1663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestline Denali CLO XIV, Ser 2018-1A, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.675%, ICE LIBOR USD 3 Month + 3.350%, 10/23/31(A) (C) |  | 2000 | 1612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestline Denali CLO XVII, Ser 2018-1A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.329%, ICE LIBOR USD 3 Month + 3.250%, 10/15/31(A) (C) |  | 2250 | 1872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CRNPT, Ser 2018-4A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.993%, ICE LIBOR USD 3 Month + 2.750%, 04/20/31(A) (C) |  | 3000 | 2475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Point CLO 8, Ser 2021-8A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.373%, ICE LIBOR USD 3 Month + 7.130%, 10/20/34(A) (C) |  | 3500 | 3220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Point CLO 9, Ser 2021-9A, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.761%, ICE LIBOR USD 3 Month + 3.750%, 07/14/34(A) (C) |  | 2000 | 1837 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Point CLO 9, Ser 2021-9A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.771%, ICE LIBOR USD 3 Month + 6.760%, 07/14/34(A) (C) |  | 2375 | $2003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund IV, Ser 2021-4X, Cl ERRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.681%, Euribor 3 Month + 5.860%, 02/22/34(C) | EUR | 1200 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund IV, Ser 2021-4X, Cl FRRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.881%, Euribor 3 Month + 8.060%, 02/22/34(C) | EUR | 615 | 461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XVI DAC, Ser 2019-16X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.762%, Euribor 3 Month + 6.700%, 06/17/32(C) | EUR | 1000 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXII DAC, Ser 2021-22X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.826%, Euribor 3 Month + 8.780%, 12/15/34(C) | EUR | 1700 | 1322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXIV DAC, Ser 2022-24X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.405%, Euribor 3 Month + 7.470%, 10/23/34(C) | EUR | 2500 | 2313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diameter Capital Clo 3, Ser 2022-3A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.664%, TSFR3M + 6.800%, 04/15/37(A) (C) |  | 2600 | 2117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 29 Euro CLO 2013 BV, Ser 2018-29X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.128%, Euribor 3 Month + 4.750%, 07/15/32(C) | EUR | 911 | 774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 32 Euro CLO 2014 BV, Ser 2018-32X, Cl FR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.032%, Euribor 3 Month + 7.270%, 08/15/31(C) | EUR | 1250 | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 35 EURO CLO 2014 BV, Ser 2020-35X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.708%, Euribor 3 Month + 6.330%, 01/17/33(C) | EUR | 4200 | 3535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 69 Euro CLO 2018 DAC, Ser 2021-69X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.773%, Euribor 3 Month + 6.370%, 10/18/34(C) | EUR | 4700 | 3863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 73 Euro CLO 2019 BV, Ser 2019-73X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.198%, Euribor 3 Month + 6.820%, 01/15/34(C) | EUR | 2000 | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 88 Euro Clo 2020 DAC, Ser 2021-88X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.466%, Euribor 3 Month + 6.010%, 07/20/34(C) | EUR | 1500 | 1228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 91 Euro CLO 2021 DAC, Ser 2022-91X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.463%, Euribor 3 Month + 7.060%, 04/18/35(C) | EUR | 1000 | 878 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 41

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elevation CLO, Ser 2019-1A, Cl D1R2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.256%, ICE LIBOR USD 3 Month + 7.650%, 08/15/32(A) (C) |  | 2210 | $1834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy III CLO DAC, Ser 2021-3X, Cl FRRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.482%, Euribor 3 Month + 7.980%, 04/24/34(C) | EUR | 500 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy IV CLO DAC, Ser 2021-4X, Cl DRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.628%, Euribor 3 Month + 3.050%, 07/30/34(C) | EUR | 1120 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy IV CLO DAC, Ser 2021-4X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.648%, Euribor 3 Month + 6.070%, 07/30/34(C) | EUR | 2250 | 1859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy V CLO DAC, Ser 2021-5X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.618%, Euribor 3 Month + 5.820%, 02/15/34(C) | EUR | 1350 | 1136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy VII CLO DAC, Ser 2021-7X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.743%, Euribor 3 Month + 6.200%, 07/25/35(C) | EUR | 3000 | 2640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO 2019-1 DAC, Ser 2019-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.056%, Euribor 3 Month + 6.010%, 03/15/32(C) | EUR | 1000 | 844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2021-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.598%, Euribor 3 Month + 6.220%, 10/15/34(C) | EUR | 2800 | 2388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Park Place CLO I, Ser 2022-1A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.327%, TSFR3M + 7.500%, 04/14/35(A) (C) |  | 3160 | 2782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generate CLO 5, Ser 2018-5A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.335%, ICE LIBOR USD 3 Month + 6.010%, 10/22/31(A) (C) |  | 2500 | 2124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GoldenTree Loan Management EUR CLO 3 DAC, Ser 2019-3X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.366%, Euribor 3 Month + 5.910%, 01/20/32(C) | EUR | 3550 | 3175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greywolf CLO II, Ser 2021-1A, Cl DRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.129%, ICE LIBOR USD 3 Month + 7.050%, 04/15/34(A) (C) |  | 3000 | 2529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greywolf CLO III, Ser 2020-3RA, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.218%, TSFR3M + 7.180%, 04/15/33(A) (C) |  | 5000 | 4418 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO IX DAC, Ser 2017-9X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.918%, Euribor 3 Month + 5.120%, 02/15/30(C) | EUR | 1000 | $857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XIV DAC, Ser 2015-14X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.103%, Euribor 3 Month + 6.300%, 11/18/29(C) | EUR | 3250 | 2840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XVI DAC, Ser 2018-16X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.948%, Euribor 3 Month + 5.570%, 10/15/31(C) | EUR | 3000 | 2581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXII DAC, Ser 2019-22X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.488%, Euribor 3 Month + 6.110%, 01/15/32(C) | EUR | 1500 | 1259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXIII DAC, Ser 2020-23X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.766%, Euribor 3 Month + 8.310%, 10/20/32(C) | EUR | 1500 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO IV DAC, Ser 2021-4X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.828%, Euribor 3 Month + 3.450%, 10/15/34(C) | EUR | 2255 | 1980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VIII DAC, Ser 2021-8X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.878%, Euribor 3 Month + 3.500%, 01/17/35(C) | EUR | 1400 | 1241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henley CLO III DAC, Ser 2021-3X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.843%, Euribor 3 Month + 3.300%, 12/25/35(C) | EUR | 1450 | 1301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henley CLO III DAC, Ser 2021-3X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.833%, Euribor 3 Month + 6.290%, 12/25/35(C) | EUR | 1050 | 917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henley CLO VI DAC, Ser 2021-6X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.653%, Euribor 3 Month + 6.110%, 06/10/34(C) | EUR | 1000 | 851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holland Park CLO DAC, Ser 2019-1X, Cl DRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.832%, Euribor 3 Month + 7.030%, 11/14/32(C) | EUR | 2300 | 1985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.838%, Euribor 3 Month + 6.460%, 10/15/34(C) | EUR | 2000 | 1657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.198%, Euribor 3 Month + 8.820%, 10/15/34(C) | EUR | 1000 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamestown CLO XVI, Ser 2021-16A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.518%, ICE LIBOR USD 3 Month + 7.160%, 07/25/34(A) (C) |  | 2000 | 1708 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 42

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamestown CLO XVII, Ser 2021-17A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.448%, ICE LIBOR USD 3 Month + 7.090%, 01/25/35(A) (C) |  | 4000 | $3557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR CLO 14, Ser 2018-14, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.229%, ICE LIBOR USD 3 Month + 6.150%, 07/15/31(A) (C) |  | 2000 | 1617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCM 33, Ser 2021-33A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.443%, ICE LIBOR USD 3 Month + 3.200%, 07/20/34(A) (C) |  | 1625 | 1419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding VII BV, Ser 2018-7X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.598%, Euribor 3 Month + 4.700%, 05/25/31(C) | EUR | 1150 | 971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding VIII DAC, Ser 2019-8X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.528%, Euribor 3 Month + 7.150%, 04/15/32(C) | EUR | 2500 | 2185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XI DAC, Ser 2018-11X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.622%, Euribor 3 Month + 4.860%, 02/15/31(C) | EUR | 3650 | 3105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XII DAC, Ser 2018-12X, Cl EN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.578%, Euribor 3 Month + 5.200%, 10/15/31(C) | EUR | 151 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XXXII, Ser 2021-32A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.525%, ICE LIBOR USD 3 Month + 6.200%, 01/22/31(A) (C) |  | 3000 | 2753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Man GLG Euro CLO I DAC, Ser 2018-1X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.228%, Euribor 3 Month + 4.850%, 10/15/30(C) | EUR | 1500 | 1299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Man GLG Euro CLO II DAC, Ser 2016-2X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.128%, Euribor 3 Month + 8.750%, 01/15/30(C) | EUR | 2000 | 1504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Man GLG Euro CLO V DAC, Ser 2018-5X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.906%, Euribor 3 Month + 5.860%, 12/15/31(C) | EUR | 900 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Man GLG Euro CLO VI DAC, Ser 2020-6X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.768%, Euribor 3 Month + 5.390%, 10/15/32(C) | EUR | 1300 | 1079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midocean Credit CLO IX, Ser 2018-9A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.293%, ICE LIBOR USD 3 Month + 6.050%, 07/20/31(A) (C) |  | 1000 | 790 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MidOcean Credit CLO X, Ser 2021-10A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.485%, ICE LIBOR USD 3 Month + 7.160%, 10/23/34(A) (C) |  | 3000 | $2470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 20, Ser 2021-20A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.208%, ICE LIBOR USD 3 Month + 7.850%, 01/25/32(A) (C) |  | 2438 | 2112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 21 Euro DAC, Ser 2021-21X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.752%, Euribor 3 Month + 3.250%, 07/22/34(C) | EUR | 1375 | 1236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 21 Euro DAC, Ser 2021-21X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.562%, Euribor 3 Month + 6.060%, 07/22/34(C) | EUR | 2300 | 1915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 21 Euro DAC, Ser 2021-21X, Cl FR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.132%, Euribor 3 Month + 8.630%, 07/22/34(C) | EUR | 3230 | 2403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 22, Ser 2022-22A, Cl D2R |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.054%, TSFR3M + 5.650%, 09/01/31(A) (C) |  | 1000 | 960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 22, Ser 2022-22A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.594%, TSFR3M + 8.190%, 09/01/31(A) (C) |  | 3000 | 2497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 25, Ser 2021-25A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.993%, ICE LIBOR USD 3 Month + 3.750%, 07/20/34(A) (C) |  | 2000 | 1821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 25, Ser 2021-25A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.383%, ICE LIBOR USD 3 Month + 7.140%, 07/20/34(A) (C) |  | 2000 | 1625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 27, Ser 2021-27A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.119%, ICE LIBOR USD 3 Month + 7.040%, 10/17/34(A) (C) |  | 1150 | 952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital XV, Ser 2021-15A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.386%, ICE LIBOR USD 3 Month + 7.640%, 06/20/34(A) (C) |  | 2000 | 1663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.062%, Euribor 3 Month + 3.600%, 01/21/35(C) | EUR | 1350 | 1228 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 43

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V Designated Activity, Ser 2021-5X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.832%, Euribor 3 Month + 6.370%, 01/21/35(C) | EUR | 1000 | $858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners VIII DAC, Ser 2021-8X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.073%, Euribor 3 Month + 5.670%, 04/18/35(C) | EUR | 4455 | 3824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oaktree CLO 2022-3, Ser 2022-3A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.205%, TSFR3M + 8.380%, 07/15/35(A) (C) |  | 2000 | 1869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails CLO 8, Ser 2021-8A, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.829%, ICE LIBOR USD 3 Month + 3.750%, 07/15/34(A) (C) |  | 2000 | 1782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails CLO 8, Ser 2021-8A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.529%, ICE LIBOR USD 3 Month + 7.450%, 07/15/34(A) (C) |  | 1000 | 843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails CLO VII, Ser 2019-7A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.959%, ICE LIBOR USD 3 Month + 6.880%, 04/17/30(A) (C) |  | 3000 | 2137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails CLO XII, Ser 2022-12A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.073%, TSFR3M + 8.110%, 07/20/35(A) (C) |  | 1500 | 1344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP Euro CLO DAC, Ser 2022-5X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.806%, Euribor 3 Month + 3.350%, 04/20/35(C) | EUR | 1300 | 1153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Otranto Park CLO DAC, Ser 2022-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.848%, Euribor 3 Month + 7.050%, 05/15/35(C) | EUR | 1785 | 1591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OZLM IX, Ser 2018-9A, Cl DRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.363%, ICE LIBOR USD 3 Month + 6.120%, 10/20/31(A) (C) |  | 2000 | 1593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OZLM VI, Ser 2018-6A, Cl DS |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.129%, ICE LIBOR USD 3 Month + 6.050%, 04/17/31(A) (C) |  | 3550 | 2746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OZLM XI, Ser 2017-11A, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.415%, ICE LIBOR USD 3 Month + 7.000%, 10/30/30(A) (C) |  | 3000 | 2333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OZLM XXII, Ser 2018-22A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.379%, ICE LIBOR USD 3 Month + 5.300%, 01/17/31(A) (C) |  | 1800 | 1349 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OZLM XXIV, Ser 2019-24A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.293%, ICE LIBOR USD 3 Month + 7.050%, 07/20/32(A) (C) |  | 4000 | $3099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parallel, Ser 2018-1A, Cl C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.043%, ICE LIBOR USD 3 Month + 2.800%, 04/20/31(A) (C) |  | 2000 | 1654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parallel, Ser 2018-1A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.493%, ICE LIBOR USD 3 Month + 5.250%, 04/20/31(A) (C) |  | 1250 | 854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purple Finance CLO 2 DAC, Ser 2019-2X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.856%, Euribor 3 Month + 6.400%, 04/20/32(C) | EUR | 2000 | 1751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regatta XIV Funding, Ser 2018-3A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.308%, ICE LIBOR USD 3 Month + 5.950%, 10/25/31(A) (C) |  | 3600 | 2935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regatta XV Funding, Ser 2018-4A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.858%, ICE LIBOR USD 3 Month + 6.500%, 10/25/31(A) (C) |  | 1750 | 1465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2019-1X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.486%, Euribor 3 Month + 6.030%, 01/20/33(C) | EUR | 2000 | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.952%, Euribor 3 Month + 3.450%, 01/24/35(C) | EUR | 1200 | 1062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.722%, Euribor 3 Month + 6.220%, 01/24/35(C) | EUR | 1500 | 1197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European Clo II DAC, Ser 2021-2X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.978%, Euribor 3 Month + 3.600%, 04/15/34(C) | EUR | 1000 | 937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European Clo II DAC, Ser 2021-2X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.268%, Euribor 3 Month + 5.890%, 04/15/34(C) | EUR | 1100 | 920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO IX DAC, Ser 2022-9X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.598%, Euribor 3 Month + 3.350%, 04/10/34(C) | EUR | 1400 | 1262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO V DAC, Ser 2018-5X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.733%, Euribor 3 Month + 5.370%, 01/14/32(C) | EUR | 1200 | 1033 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 44

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VI DAC, Ser 2021-6X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.778%, Euribor 3 Month + 3.400%, 10/15/34(C) | EUR | 1350 | $1232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VII DAC, Ser 2020-7X, Cl F |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.758%, Euribor 3 Month + 8.380%, 01/15/34(C) | EUR | 255 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VIII DAC, Ser 2021-8X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.548%, Euribor 3 Month + 6.170%, 07/17/34(C) | EUR | 2500 | 2114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO V-R, Ser 2018-1RA, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.294%, ICE LIBOR USD 3 Month + 3.100%, 07/18/31(A) (C) |  | 1000 | 868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO XXIII, Ser 2021-2A, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.549%, ICE LIBOR USD 3 Month + 6.470%, 07/15/34(A) (C) |  | 3500 | 2791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO III-R DAC, Ser 2018-3RX, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.808%, Euribor 3 Month + 4.430%, 01/15/32(C) | EUR | 5366 | 4132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO V, Ser 2017-5X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.952%, Euribor 3 Month + 5.150%, 02/20/30(C) | EUR | 1500 | 1272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VI DAC, Ser 2021-6X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.102%, Euribor 3 Month + 6.300%, 05/20/34(C) | EUR | 1000 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VII DAC, Ser 2021-7X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.523%, Euribor 3 Month + 6.120%, 07/18/34(C) | EUR | 4000 | 3314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VIII DAC, Ser 2017-8X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.978%, Euribor 3 Month + 4.600%, 07/17/30(C) | EUR | 2800 | 2361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.252%, Euribor 3 Month + 3.750%, 04/22/35(C) | EUR | 250 | 233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.862%, Euribor 3 Month + 6.360%, 04/22/35(C) | EUR | 2360 | 2028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO XII DAC, Ser 2020-12X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.698%, Euribor 3 Month + 5.320%, 04/15/33(C) | EUR | 1710 | 1405 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO II BV, Ser 2021-2X, Cl ER |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.295%, Euribor 3 Month + 6.320%, 09/07/35(C) | EUR | 1000 | $844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO IV DAC, Ser 2018-4X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.708%, Euribor 3 Month + 5.330%, 10/15/31(C) | EUR | 1000 | 862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO VI DAC, Ser 2021-6X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.698%, Euribor 3 Month + 6.320%, 01/15/35(C) | EUR | 1100 | 944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 2 DAC, Ser 2021-2X, Cl DRR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.093%, Euribor 3 Month + 3.550%, 07/25/34(C) | EUR | 2000 | 1842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 2 DAC, Ser 2021-2X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.013%, Euribor 3 Month + 6.470%, 07/25/34(C) | EUR | 2000 | 1680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 3 DAC, Ser 2021-3X, Cl ERR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.678%, Euribor 3 Month + 6.300%, 07/15/34(C) | EUR | 2000 | 1649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 5 DAC, Ser 2018-5X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.578%, Euribor 3 Month + 4.200%, 10/15/30(C) | EUR | 1800 | 1510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 6 DAC, Ser 2019-6X, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.809%, Euribor 3 Month + 6.490%, 01/12/32(C) | EUR | 1207 | 1020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2019-1A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.283%, ICE LIBOR USD 3 Month + 7.040%, 07/20/32(A) (C) |  | 1800 | 1606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2019-2A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.144%, ICE LIBOR USD 3 Month + 6.950%, 11/26/32(A) (C) |  | 1750 | 1523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2021-2A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.558%, ICE LIBOR USD 3 Month + 7.200%, 10/25/34(A) (C) |  | 2000 | 1773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2021-3A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.564%, ICE LIBOR USD 3 Month + 7.370%, 01/18/35(A) (C) |  | 2000 | 1782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trinitas CLO XVIII, Ser 2021-18A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.293%, ICE LIBOR USD 3 Month + 7.050%, 01/20/35(A) (C) |  | 4000 | 3617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture 45 CLO, Ser 2022-45A, Cl D1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.963%, TSFR3M + 4.000%, 07/20/35(A) (C) |  | 3500 | 2819 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 45

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vesey Park CLO DAC, Ser 2020-1X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.951%, Euribor 3 Month + 7.160%, 11/16/32(C) | EUR | 2000 | $1792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VIBR, Ser 2018-8A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.993%, ICE LIBOR USD 3 Month + 5.750%, 01/20/31(A) (C) |  | 2000 | 1437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vibrant CLO XIII, Ser 2021-13A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.139%, ICE LIBOR USD 3 Month + 7.060%, 07/15/34(A) (C) |  | 4000 | 3431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ser 2018-3A, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.094%, ICE LIBOR USD 3 Month + 5.900%, 10/18/31(A) (C) |  | 2500 | 2190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ser 2021-1A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.229%, ICE LIBOR USD 3 Month + 3.150%, 07/15/34(A) (C) |  | 1150 | 1074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Euro CLO II DAC, Ser 2021-2X, Cl DR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.578%, Euribor 3 Month + 3.200%, 07/15/35(C) | EUR | 1350 | 1246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Euro CLO V DAC, Ser 2021-5X, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.478%, Euribor 3 Month + 3.100%, 04/15/35(C) | EUR | 1100 | 993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wellfleet CLO, Ser 2021-2A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.679%, ICE LIBOR USD 3 Month + 3.600%, 07/15/34(A) (C) |  | 2000 | 1679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wellfleet CLO, Ser 2021-2A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.039%, ICE LIBOR USD 3 Month + 6.960%, 07/15/34(A) (C) |  | 1000 | 816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wellfleet CLO, Ser 2021-3A, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.179%, ICE LIBOR USD 3 Month + 7.100%, 01/15/35(A) (C) |  | 1500 | 1231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wind River CLO, Ser 2021-1KRA, Cl ER2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.429%, ICE LIBOR USD 3 Month + 7.350%, 10/15/34(A) (C) |  | 2000 | 1692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wind River CLO, Ser 2021-1KRA, Cl FR2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.979%, ICE LIBOR USD 3 Month + 7.900%, 10/15/34(A) (C) |  | 1000 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Mortgage-Backed Securities** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($406426) |  |  | 335198 |
| **Non-Listed Business Development Companies [3.9%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [3.9%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golub Capital BDC 3 (J) |  | 4753545 | 70780 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golub Capital BDC 4 (J) | 1018455 | $15277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TCW Direct Lending LLC (J) | 6761662 | 6896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 92953 |
| **Total Non-Listed Business Development Companies** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $93,289) |  | 92953 |
| **Life Settlement Contracts [2.9%](E)(H)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American General Life #508L, Acquired 05/30/2014 | 2595 | 1123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American General Life #542L, Acquired 07/30/2015 | 83 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American General Life #906L, Acquired 07/30/2015 | 479 | 2997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #0474, Acquired 11/04/2013 | 7290 | 6386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #1616, Acquired 05/30/2014 | 3254 | 2283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #1898, Acquired 11/04/2013 | 441 | 1258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #7233, Acquired 11/04/2013 | 395 | 1586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #7578, Acquired 11/04/2013 | 2104 | 3393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #7857, Acquired 11/04/2013 | 2297 | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA Equitable Life #8538, Acquired 11/04/2013 | 1333 | 1243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guardian Insurance #0346, Acquired 11/04/2013 | 646 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Life #4700, Acquired 11/24/2015 | 81 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Reliastar #1234, Acquired 12/05/2013 | 1067 | 4235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Reliastar #4842, Acquired 11/20/2013 | 921 | 1535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Reliastar #776H, Acquired 05/30/2014 | 1518 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Hancock #0430, Acquired 05/30/2014 | 2418 | 2576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Hancock #1929, Acquired 05/30/2014 | 3812 | 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Hancock #5072, Acquired 05/30/2014 | 1409 | 4118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Hancock #5080, Acquired 11/19/2013 | 313 | 4118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Hancock #5885, Acquired 05/30/2014 | 894 | 1885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Hancock #6686, Acquired 05/30/2014 | 3035 | 1847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lincoln National #4754, Acquired 09/17/2015 | 610 | 4591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lincoln National #5658, Acquired 09/17/2015 | 329 | 1498 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 46

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;Lincoln National #7099, Acquired 09/17/2015 | 1254 | 3201 |
| &nbsp;&nbsp;&nbsp;Lincoln National #8558, Acquired 09/17/2015 | 1659 | 1673 |
| &nbsp;&nbsp;&nbsp;Mass Mutual #5681, Acquired 11/05/2013 | 288 | 2223 |
| &nbsp;&nbsp;&nbsp;Met Life #8MLU, Acquired 05/20/2014 | 1413 | 475 |
| &nbsp;&nbsp;&nbsp;Penn Life #8183, Acquired 10/18/2016 | 46 | 139 |
| &nbsp;&nbsp;&nbsp;Penn Mutual #3106, Acquired 05/30/2014 | 1294 | 1640 |
| &nbsp;&nbsp;&nbsp;Phoenix Life #5715, Acquired 10/18/2016 | 570 | 2633 |
| &nbsp;&nbsp;&nbsp;Phoenix Life #6157, Acquired 10/18/2016 | 569 | 2624 |
| &nbsp;&nbsp;&nbsp;Phoenix Life #8499, Acquired 05/30/2014 | 756 | 1360 |
| &nbsp;&nbsp;&nbsp;Phoenix Life #8509, Acquired 05/30/2014 | 761 | 1360 |
| &nbsp;&nbsp;&nbsp;Principal Financial #6653, Acquired 10/30/2013 | 306 | 373 |
| &nbsp;&nbsp;&nbsp;Security Mutual Life #5380, Acquired 10/28/2013 | 410 |  |
| &nbsp;&nbsp;&nbsp;Transamerica #1708, Acquired 10/28/2013 | 957 | 296 |
| &nbsp;&nbsp;&nbsp;Transamerica #8205, Acquired 10/28/2013 | 714 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Life Settlement Contracts** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $48,321) |  | 70166 |
| **Limited Partnership [2.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;Cartesian LP\* | 10000 | 12906 |
| &nbsp;&nbsp;&nbsp;Oberland Capital Healthcare Solutions Co-Invest Offshore LP (J) | 3319 | 3985 |
| &nbsp;&nbsp;&nbsp;Oberland Capital Healthcare Solutions LP (J) | 3949 | 4070 |
| &nbsp;&nbsp;&nbsp;Primary Wave Music IP Fund LP (J) | 34793 | 34570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Limited Partnership** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $52,061) |  | 55531 |
| **Sovereign Debt [1.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 09/30/49 | 597 | 440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentina Paris Club |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.910%, 05/30/21 CHF | 2244 | 1578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 07/09/23(F) | 899 | 285 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 07/09/23(F) |  | 12542 | $3179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.000%, 07/09/29 |  | 690 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.500%, 07/09/29 | EUR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.500%, 07/09/30(F) |  | 7300 | 1963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costa Rica Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 04/30/43 |  | 368 | 301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominican Republic International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/19/28 |  | 259 | 249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 01/30/60 |  | 800 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 01/21/41 |  | 454 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 09/23/32 |  | 3898 | 3236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecuador Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 07/31/23(A) (F) |  | 5595 | 2572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ghana Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 04/07/34 |  | 578 | 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hungary Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 03/25/24 |  | 358 | 358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indonesia Government International Bond, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/17/42 |  | 247 | 241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivory Coast Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/22/48 | EUR | 356 | 268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/33 |  | 2600 | 2307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico Government International Bond, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.050%, 01/11/40 |  | 214 | 207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nigeria Government International Bond, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 09/28/33(A) |  | 660 | 469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pakistan Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 04/15/24 |  | 987 | 523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panama Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.375%, 04/01/29 |  | 202 | 239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paraguay Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 03/27/27 |  | 291 | 286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peruvian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 11/21/33 |  | 876 | 1064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philippine Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 01/20/40 |  | 825 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saudi Government International Bond, MTN |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/25/32(A) |  | 350 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/17/49 |  | 707 | 665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 02/02/61 |  | 1030 | 736 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 47

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senegal Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/23/33 | 5400 | $4450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sri Lanka Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.850%, 03/14/29 | 560 | 174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.550%, 03/28/30 | 424 | 131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkey Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/14/41 | 301 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uruguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 03/21/36 | 387 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/28/34 | 378 | 408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/20/45 | 311 | 286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertical US Newco |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/15/27(A) | 1500 | 1327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zambia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.970%, 07/30/27 | 635 | 280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Sovereign Debt** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($40326) |  | 31320 |
| **Closed-End Funds [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cliffwater Corporate Lending Fund, Cl I | 942507 | 9830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stone Ridge Reinsurance Risk Premium Interval Fund | 265 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Closed-End Funds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $10,011) |  | 9841 |
| **Common Stock [0.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable Satellite [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson (E) | 2116 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Cyclical [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TruKid \* | 232 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Minerals [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources, Cl A \* | 44276198 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackBrush Oil & Gas, L.P. | 39375 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A'ayan Leasing & Investment KSCP | 976932 | 297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCD Acquisition | 1000000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Propco Certificates \* (E) | 3788 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 47 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartex |  | 180000 | $21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vivarte |  | 6000 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iHeartMedia \* |  | 12136 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil Field Services [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superior Energy |  | 30620 | 1837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ESC GCBREGS Corp |  | 4750000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Petroleum & Fuel Products [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Midstream Partners \* |  | 11456 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mallinckrodt \* |  | 29137 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belk, Inc. |  | 81 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penney Borrower LLC \* (E) |  | 505 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retailers** |  |  | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wayne Services Legacy \* |  | 257 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AS ADV Shares |  | 127800 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumileds \* |  | 4241 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Technology** |  |  | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Longview Power LLC |  | 64904 | 909 |
| **Total Common Stock** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,884) |  |  | 4271 |
| **Convertible Bonds [0.2%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable Satellite [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH Network |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 08/15/26 |  | 855 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%cash/8.000% PIK, 10/07/20(B) | EUR | 380 |  |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 48

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sea |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.250%, 09/15/26 |  | 920 | $674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Services [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 08/15/28 |  | 570 | 1155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.1%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H World Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 05/01/26 |  | 680 | 826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Convertible Bonds** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($4050) |  |  | 3191 |
| **Warrant [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toys 'R' Us/Hill Street |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expires 06/21/23\* (I) |  | 14795 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Warrant** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $0) |  |  | 7 |
| **Preferred Stock [0.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackbrush Oil & Gas, LP |  | 1289 | 765 |
| **Total Preferred Stock** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $366) |  |  | 765 |
| **Short-Term Investment [3.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Cl F, 3.810%\*\* | 72590350 |  | 72590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $72,590) |  |  | 72590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [105.7%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,021,244) |  |  | $2539774 |

---

Percentages are based on net assets of $2,403,768 (000).

\* Non-income producing security.

\*\* The rate reported is the 7-day effective yield as of December 31, 2022.

(1) U.S. Dollars unless otherwise indicated.

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2022, the value of these securities amounted to $887,685 (000), representing 36.9% of the net assets of the Fund.

(B) In default on interest payments. Rate shown represents the last coupon rate prior to default.

(C) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(D) Zero coupon security.

(E) Level 3 security in accordance with fair value hierarchy.

(F) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

(G) Unsettled bank loan, Interest rate not available.

(H) Security is considered restricted. The total market value of such securities as of December 31, 2022 was $70,166 (000) and represented 2.92% of Net Assets of the Fund.

(I) Strike Price is unavailable.

(J) Unfunded Commitments as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Value | Unfunded Commitments | Redemption Frequency | Redemption Notice (Days) |
| Golub Capital BDC 3, Inc | $70780290 | $7125000 |  |  |
| Golub Capital BDC 4, Inc | 15276821 | 61973179 |  |  |
| Oberland Capital Healthcare Solutions Offshore LP | 4069210 | 15715097 |  |  |
| Oberland Capital Healthcare Solutions Co-Invest Offshore LP | 3985155 | 16681250 |  |  |
| Primary Wave Music IP Fund, LP | 34570219 | 14367315 |  |  |
| TCW Direct Lending LLC | 6895543 | 18238338 |  |  |
| Total | $135577238 | $134100179 |  |  |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 49

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

---

| |
|:---|
| CHF — Swiss Franc |
| Cl — Class |
| CLO — Collateralized Loan Obligation |
| CME — Chicago Mercantile Exchange |
| DAC — Designated Activity Company |
| EUR — Euro |
| Euribor — Euro Interbank Offered Rate |
| GBP — British Pound Sterling |
| JPY — Japanese Yen |
| ICE — Intercontinental Exchange |
| JSC — Joint Stock Company |
| LIBOR — London Interbank Offered Rates |
| LLC — Limited Liability Corporation |
| LP — Limited Partnership |
| LTD — Limited |
| MTN — Medium Term Note |
| PIK — Paid-in Kind |
| PLC — Public Limited Company |
| REIT — Real Estate Investment Trust |
| Ser — Series |
| SOFR — Secured Overnight Financing Rate |
| TSFR3M — Term Secured Overnight Financing Rate 3 Months |
| ULC — Unlimited Liability Company |
| USD — U.S. Dollar |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 50

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

At December 31, 2022, the following life settlement contracts are considered restricted securities. The acquisition dates of these investments, the enforceable right to acquire these securities, along with their cost and values at December 31, 2022, were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | Number of Shares | Acquisition Date | Right to Acquire Date | Cost (000) | Market Value (000) | % of Net Assets |
| American General Life #508L | 1 | 5/30/2014 | 5/30/2014 | $2595 | $1123 | 0.0% |
| American General Life #542L | 1 | 7/30/2015 | 7/30/2015 | 83 | 411 | 0.0% |
| American General Life #906L | 1 | 7/30/2015 | 7/30/2015 | 479 | 2997 | 0.1% |
| AXA Equitable Life #0474 | 1 | 11/4/2013 | 11/4/2013 | 7290 | 6386 | 0.3% |
| AXA Equitable Life #1616 | 1 | 5/30/2014 | 5/30/2014 | 3254 | 2283 | 0.1% |
| AXA Equitable Life #1898 | 1 | 11/4/2013 | 11/4/2013 | 441 | 1258 | 0.0% |
| AXA Equitable Life #7233 | 1 | 11/4/2013 | 11/4/2013 | 395 | 1586 | 0.1% |
| AXA Equitable Life #7578 | 1 | 11/4/2013 | 11/4/2013 | 2104 | 3393 | 0.1% |
| AXA Equitable Life #7857 | 1 | 11/4/2013 | 11/4/2013 | 2297 | 712 | 0.0% |
| AXA Equitable Life #8538 | 1 | 11/4/2013 | 11/4/2013 | 1333 | 1243 | 0.0% |
| Guardian Insurance #0346 | 1 | 11/4/2013 | 11/4/2013 | 646 | 1207 | 0.0% |
| Hartford Life #4700 | 1 | 11/24/2015 | 11/24/2015 | 81 | 162 | 0.0% |
| ING Reliastar #1234 | 1 | 12/5/2013 | 12/5/2013 | 1067 | 4235 | 0.2% |
| ING Reliastar #4842 | 1 | 11/20/2013 | 11/20/2013 | 921 | 1535 | 0.1% |
| ING Reliastar #776H | 1 | 5/30/2014 | 5/30/2014 | 1518 | 579 | 0.0% |
| John Hancock #0430 | 1 | 5/30/2014 | 5/30/2014 | 2418 | 2576 | 0.1% |
| John Hancock #1929 | 1 | 5/30/2014 | 5/30/2014 | 3812 | 2026 | 0.1% |
| John Hancock #5072 | 1 | 5/30/2014 | 5/30/2014 | 1409 | 4118 | 0.2% |
| John Hancock #5080 | 1 | 11/19/2013 | 11/19/2013 | 313 | 4118 | 0.2% |
| John Hancock #5885 | 1 | 5/30/2014 | 5/30/2014 | 894 | 1885 | 0.1% |
| John Hancock #6686 | 1 | 5/30/2014 | 5/30/2014 | 3035 | 1847 | 0.1% |
| Lincoln National #4754 | 1 | 9/17/2015 | 9/17/2015 | 610 | 4591 | 0.2% |
| Lincoln National #5658 | 1 | 9/17/2015 | 9/17/2015 | 329 | 1498 | 0.1% |
| Lincoln National #7099 | 1 | 9/17/2015 | 9/17/2015 | 1254 | 3201 | 0.1% |
| Lincoln National #8558 | 1 | 9/17/2015 | 9/17/2015 | 1659 | 1673 | 0.1% |
| Mass Mutual #5681 | 1 | 11/5/2013 | 11/5/2013 | 288 | 2223 | 0.1% |
| Met Life #8MLU | 1 | 5/20/2014 | 5/20/2014 | 1413 | 475 | 0.0% |
| Penn Life #8183 | 1 | 10/18/2016 | 10/18/2016 | 46 | 139 | 0.0% |
| Penn Mutual #3106 | 1 | 5/30/2014 | 5/30/2014 | 1294 | 1640 | 0.1% |
| Phoenix Life #5715 | 1 | 10/18/2016 | 10/18/2016 | 570 | 2633 | 0.1% |
| Phoenix Life #6157 | 1 | 10/18/2016 | 10/18/2016 | 569 | 2624 | 0.1% |
| Phoenix Life #8499 | 1 | 5/30/2014 | 5/30/2014 | 756 | 1360 | 0.1% |
| Phoenix Life #8509 | 1 | 5/30/2014 | 5/30/2014 | 761 | 1360 | 0.1% |
| Principal Financial #6653 | 1 | 10/30/2013 | 10/30/2013 | 306 | 373 | 0.0% |
| Security Mutual Life #5380 | 1 | 10/28/2013 | 10/28/2013 | 410 |  | 0.0% |
| Transamerica #1708 | 1 | 10/28/2013 | 10/28/2013 | 957 | 296 | 0.0% |
| Transamerica #8205 | 1 | 10/28/2013 | 10/28/2013 | 714 | 400 | 0.0% |
|  |  |  |  | $48321 | $70166 | 2.9% |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 51

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

A list of the open forward foreign currency contracts held by the Fund at December 31, 2022, is as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Counterparty | Settlement Date | Currency to Deliver<br> (Thousands) | Currency to Deliver<br> (Thousands) | Currency to Receive<br> (Thousands) | Currency to Receive<br> (Thousands) | Unrealized Appreciation<br> (Depreciation)<br> (Thousands) |
| State Street | 02/24/23 | EUR | 2278 | USD | 2372 | $(75) |
| U.S. Bank | 01/19/23 | USD | 16549 | EUR | 15700 | 275 |
| U.S. Bank | 01/19/23 | GBP | 215 | USD | 261 | 1 |
| U.S. Bank | 01/19/23 | GBP | 20760 | USD | 24914 | (194) |
| U.S. Bank | 01/19/23 | EUR | 406030 | USD | 421916 | (13193) |
|  |  |  |  |  |  | $(13186) |

---

A list of the open futures contracts held by the Fund at December 31, 2022, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Type of Contract | Number of<br> Contracts | Expiration Date | Notional Amount (Thousands) | Value (Thousands) | Unrealized Appreciation<br> (Thousands) |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp;U.S. 10-Year Treasury Note | (370) | Mar-2023 | $(41674) | $(41550) | $124 |

---

The following is a summary of the inputs used as of December 31, 2022 in valuing the Fund's investments and other financial instruments carried at value (000):

---

| | | | | |
|:---|:---|:---|:---|:---|
| Investments in Securities | Level 1 | Level 2 | Level 3<sup>(1)</sup> | Total |
| Corporate Bonds | $— | $1308282 | $12 | $1308294 |
| Loan Participations |  | 554744 | 903 | 555647 |
| Mortgage-Backed Securities |  | 335198 |  | 335198 |
| Non-Listed Business Development Companies | 92953 |  |  | 92953 |
| Life Settlement Contracts |  |  | 70166 | 70166 |
| Limited Partnership | 42625 | 12906 |  | 55531 |
| Sovereign Debt |  | 31320 |  | 31320 |
| Closed-End Funds | 9841 |  |  | 9841 |
| Common Stock | 3226 | 981 | 64 | 4271 |
| Convertible Bonds |  | 3191 |  | 3191 |
| Warrant |  | 7 |  | 7 |
| Preferred Stock |  | 765 |  | 765 |
| Short-Term Investment | 72590 |  |  | 72590 |
| Total Investments in Securities | $221235 | $2247394 | $71145 | $2539774 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Other Financial Instruments | Level 1 | Level 2 | Level 3 | Total |
| Forwards Contracts\* |  |  |  |  |
| Unrealized Appreciation | $— | $276 | $— | $276 |
| Unrealized Depreciation |  | (13462) |  | (13462) |
| Futures Contracts\* |  |  |  |  |
| Unrealized Appreciation | 124 |  |  | 124 |
| Total Other Financial Instruments | $124 | $(13186) | $— | $(13062) |

---

\* Forwards contracts are valued at the unrealized appreciation (depreciation) on the instrument.

<sup>(1)</sup> Of the $71,145 (000) in Level 3 securities as of December 31, 2022, $70,166 (000) or 98.6% are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs is required for those Level 3 securities that are not valued by third party vendors or broker quotes.

CITY NATIONAL ROCHDALE FUNDS \| PAGE 52

Consolidated Schedule of Investments

*December 31, 2022 (Unaudited)*

------

City National Rochdale Fixed Income Opportunities Fund

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value as of December 31, 2022:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Investments in Corporate Bonds | Investments in Loan Participations | Investments in Life Settlement Contracts | Investments in Common Stock | Total |
| Beginning balance as of October 1, 2022 | $14 | $3131 | $72359 | $66 | $75570 |
| Accrued discounts/ premiums |  |  |  |  |  |
| Realized gain/(loss) |  |  |  |  |  |
| Change in unrealized appreciation/(depreciation) | (2) | (2228) | (2193) | (2) | (4425) |
| Purchases |  |  |  |  |  |
| Sales/paydowns |  |  |  |  |  |
| Transfers into Level 3 |  |  |  |  |  |
| Transfers out of Level 3 | - | - | - | - | - |
| Ending balance as of December 31, 2022 | $12 | $903 | $70166 | $64 | $71145 |
| Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date | $(10) | $1325 | $(67973 | $(62) | $(66720) |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

The following table summarizes the quantitative inputs and assumptions used for items categorized as material Level 3 investments as of December 31, 2022. The disclosures below also include qualitative information on the sensitivity of the fair value measurements to changes in the significant unobservable inputs.

---

| | | | |
|:---|:---|:---|:---|
|  | Fair Value at<br> December 31, 2022 (000)<br>| Valuation Techniques |  |
| Life Settlement Contracts | $70166 | Discounted Cash Flow Model |  |
|  |  | Observable Inputs |  |
|  |  | Maturity Value |  |
|  |  | Unobservable Inputs | Range |
|  |  | Discount Rate | 13.63% |
|  |  | Expected Maturity (months) | 16-102 months |

---

The unobservable inputs used to determine fair value of recurring Level 3 assets may have similar or diverging impacts on valuation. Significant increases and decreases in these inputs in isolation and interrelationships between those inputs could result in significantly higher or lower fair value measurement. Increases in projected collection rates in isolation would result in a higher fair value measurement, while increases in expected discount rates, projected default rates, and maturities of life settlement contracts, in isolation, would result in a lower fair value measurement.

For the period ended December 31, 2022, there have been no transfers between any of the fair value hierarchy levels. Transfers between Levels are recognized at period end.

For more information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 53

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale Equity Income Fund

---

| | | |
|:---|:---|:---|
| Description | Shares | Value (000) |
| **Common Stock [98.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services [7.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AT&T | 294400 | $5420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCE | 84600 | 3718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group | 100100 | 3334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications | 102267 | 4029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Communication Services** |  | 16501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary [2.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts | 26000 | 4511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newell Brands | 57400 | 751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Consumer Discretionary** |  | 5262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples [10.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altria Group | 104550 | 4779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola | 75600 | 4809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Mills | 58080 | 4870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International | 44400 | 4494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble | 27700 | 4198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Consumer Staples** |  | 23150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [9.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron | 41900 | 7521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum | 69200 | 8054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams | 166400 | 5474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Energy** |  | 21049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [25.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares Capital | 270400 | 4994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial | 43500 | 4454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group | 123300 | 4854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy | 50800 | 4259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 114300 | 3750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Horizon | 290200 | 7110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources | 67000 | 1768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Financial Services Group | 60900 | 4618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KeyCorp | 277600 | 4836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MetLife | 90200 | 6528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Financial Group | 63600 | 5337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Bancorp | 72100 | 3144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 55652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care [4.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merck | 56600 | 6280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pfizer | 81900 | 4196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Health Care** |  | 10476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [5.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric | 51600 | 4957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin | 11900 | 5789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Industrials** |  | 10746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology [4.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems | 77800 | 3706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IBM | 35300 | 4973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intel | 39600 | 1047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Information Technology** |  | 9726 |

---

---

| | | |
|:---|:---|:---|
| **Description** | Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials [5.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Paper | 110000 | $3809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries, Cl A | 45100 | 3745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sonoco Products | 61750 | 3749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Materials** |  | 11303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**REITs [5.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Castle | 17200 | 2333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities | 10300 | 1617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Retail Properties | 111200 | 5089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prologis | 22100 | 2491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group | 11200 | 1316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total REITs** |  | 12846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [17.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Electric Power | 74300 | 7055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avangrid | 73200 | 3146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy | 80400 | 4930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy | 64100 | 6602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entergy | 48600 | 5468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstEnergy | 70300 | 2948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Partners | 44000 | 3084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sempra Energy | 24600 | 3802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Utilities** |  | 37035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $175,779) |  | 213746 |
| **Short-Term Investment [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Cl F, 3.810%\* \*\* | 1396539 | 1397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,397) |  | 1397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [98.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $177,176) |  | $215143 |

---

Percentages are based on Net Assets of $217,607 (000).

\* Non-income producing security.

\*\* The rate reported is the 7-day effective yield as of December 31, 2022.

Cl — Class

REIT — Real Estate Investment Trust

As of December 31, 2022, all of the Fund's investments are Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S.

GAAP.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale U.S. Core Equity Fund

---

| | | |
|:---|:---|:---|
| Description | Shares | Value (000) |
| **Common Stock [97.3%]** | **Common Stock [97.3%]** | **Common Stock [97.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace & Defense [1.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman | 12000 | $6547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America | 106559 | 3529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Beverages [4.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anheuser-Busch InBev ADR | 122590 | 7360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PepsiCo | 38600 | 6974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Beverages** |  | 14334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Biotechnology [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences | 89000 | 7641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals \* | 4600 | 1328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Biotechnology** |  | 8969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Capital Markets [3.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone, Cl A | 30700 | 2278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CME Group, Cl A | 36000 | 6054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S&P Global | 9430 | 3158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Capital Markets** |  | 11490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [1.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sherwin-Williams | 21783 | 5170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Banks [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase | 68000 | 9119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Services & Supplies [2.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cintas | 20850 | 9416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Construction & Engineering [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quanta Services | 33800 | 4817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Finance [0.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express | 12259 | 1811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Financial Services [1.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Cl B \* | 21400 | 6610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric Utilities [1.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy | 80000 | 6688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Staples Retailing [4.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale | 21000 | 9587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart | 46000 | 6522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Food & Staples Retailing** |  | 16109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies [3.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Becton Dickinson | 24000 | 6103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences \* | 57000 | 4253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Health Care Equipment & Supplies** |  | 10356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care Providers & Services [5.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HCA Healthcare | 18000 | 4319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group | 30000 | 15906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Health Care Providers & Services** |  | 20225 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Restaurants & Leisure [4.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McDonald's | 33000 | $8696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starbucks | 59000 | 5853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Hotels, Restaurants & Leisure** |  | 14549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aon, Cl A | 6500 | 1951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chubb | 6600 | 1456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Insurance** |  | 3407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Interactive Media & Services [2.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A \* | 84000 | 7411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet & Catalog Retail [1.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.Com \* | 70254 | 5901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IT Services [8.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accenture, Cl A | 21200 | 5657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Cl A | 34000 | 11823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Cl A | 63000 | 13089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total IT Services** |  | 30569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Life Sciences Tools & Services [5.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danaher | 31000 | 8228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific | 17000 | 9362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Life Sciences Tools & Services** |  | 17590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery [2.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies | 44000 | 7396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media [1.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comcast, Cl A | 165000 | 5770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels [2.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EOG Resources | 49000 | 6346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ExxonMobil | 17000 | 1875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources | 6601 | 1508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil, Gas & Consumable Fuels** |  | 9729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zoetis, Cl A | 19000 | 2784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Investment Trusts [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinix | 5600 | 3668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Road & Rail [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Old Dominion Freight Line | 7900 | 2242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding, Cl G | 11000 | 6010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NXP Semiconductors | 18860 | 2981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Semiconductors & Semiconductor Equipment** |  | 8991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Software [8.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adobe \* | 20000 | 6731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft | 87000 | 20864 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2022 (Unaudited)* 

City National Rochdale U.S. Core Equity Fund

---

| | | |
|:---|:---|:---|
| Description | Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Roper Technologies | 7000 | $3025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Software** |  | 30620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Specialty Retail [4.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot | 40000 | 12635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TJX | 50922 | 4053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Specialty Retail** |  | 16688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology Hardware, Storage & Peripherals [5.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple | 148000 | 19230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telephones & Telecommunications [1.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney \* | 66010 | 5735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Water Utilities [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Water Works | 32000 | 4877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Wireless Telecommunication Services [2.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US \* | 55000 | 7700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $174,702) |  | 340047 |
| **Short-Term Investment [2.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Cl F, 3.810%\* \*\* | 9525266 | 9525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $9,525) |  | 9525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [100.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $184,227) |  | $349572 |

---

Percentages are based on Net Assets of $349,629 (000).

\* Non-income producing security. <br> \*\* The rate reported is the 7-day effective yield as of December 31, 2022.

ADR — American Depository Receipts <br> Cl — Class <br>

As of December 31, 2022, all of the Fund's investments are Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

CNR-QH-002-2600

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** City National Rochdale Funds

- **b. Investment Company Act file number:** 811-07923

- **c. CIK number of Registrant:** 0001026977

- **d. LEI of Registrant:** 549300QMC7FYNN5LU818

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

  - **Street Address 1:** 400 NORTH ROXBURY DRIVE

  - **City:** BEVERLY HILLS

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90210

  - **Telephone number:** 8007088881

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

- **a. Name of Series:** CITY NATIONAL ROCHDALE MUNICIPAL HIGH INCOME FUND

- **b. EDGAR series identifier (if any):** S000043469

- **c. LEI of Series:** 549300TQO52D8X5ZM377

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

- **a. Date of fiscal year-end:** 2023-09-30

- **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:** $1309640038.21

**Total Liabilities:** $6639008.48

**Net Assets:** $1303001029.73

**Cash Not Reported:** $4819612.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -963.94765871 | **1-Year:** -17389.27628467 | **5-Year:** -54680.05947219 | **10-Year:** -112261.06095790 | **30-Year:** -51296.47804596

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

- **3-Month:** -1407.51207794 | **1-Year:** -33393.80691471 | **5-Year:** -127900.30475674 | **10-Year:** -287638.60382953 | **30-Year:** -136137.40138071

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000134825 | -0.52%               | 4.79%                | -2.00%               |
| Class ID C000134824 | -0.65%               | 4.89%                | -2.02%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6394421.28             | $-5205233.05                               |
| Month 2  | $-9673350.39             | $68676595.56                               |
| Month 3  | $-9983047.57             | $-22710233.05                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARKANSAS ST DEV FIN AUTH INDL DEV REV                                            | ARKANSAS ST DEV FIN AUTH INDL ARKANSAS DEVELOPMENT FINANCE AUTHORITY              | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4137206.78   | 0.32%             | 2049-09-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5041686.50   | 0.39%             | 2045-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH SPL OBLIG REV                                      | CHESTER CNTY PA INDL DEV AUTH CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY     | CUSIP: 16559WAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $745931.20    | 0.06%             | 2048-03-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| AMBER CREEK MET DIST COLO                                                        | AMBER CREEK MET DIST CO AMBER CREEK METROPOLITAN DISTRICT                         | CUSIP: 02320AAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1041000 | PA      | $925173.86    | 0.07%             | 2047-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ROMEOVILLE ILL REV                                                               | ROMEOVILLE IL REVENUE VILLAGE OF ROMEOVILLE IL                                    | CUSIP: 77615NAZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1032325.50   | 0.08%             | 2041-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV                                      | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENERGY GAS DISTRICT                      | CUSIP: 09182TBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982815.80    | 0.08%             | 2053-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CANYONS MET DIST NO 5 COLO                                                       | CANYONS MET DIST #5 CO CANYONS METROPOLITAN DISTRICT NO 5                         | CUSIP: 139071AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949244.70    | 0.07%             | 2047-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH SR LIVING FACS REV                                  | LEES SUMMIT MO INDL DEV AUTH S LEES SUMMIT INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 524292AS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $415425.70    | 0.03%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST FALLS CMNTY DEV AUTH VA REV                                                 | WEST FALLS CMNTY DEV AUTH VA R WEST FALLS COMMUNITY DEVELOPMENT AUTHORITY         | CUSIP: 952715AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2074056.95   | 0.16%             | 2052-09-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP SPL OBLIG                                          | MARYLAND ST ECON DEV CORP SPL MARYLAND ECONOMIC DEVELOPMENT CORP                  | CUSIP: 57422FAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $741792.28    | 0.06%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALVIN TEX INDPT SCH DIST                                                         | ALVIN TX INDEP SCH DIST ALVIN INDEPENDENT SCHOOL DISTRICT/TX                      | CUSIP: 022447S72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1967380.80   | 0.15%             | 2036-02-15      | Floating      | 0.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PVV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $905854.88    | 0.07%             | 2052-04-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SERENITY RIDGE MET DIST NO 2 COLO                                                | SERENITY RIDGE CO MET DIST #2 SERENITY RIDGE METROPOLITAN DISTRICT NO 2           | CUSIP: 817504AE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047223.50   | 0.08%             | 2043-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WARD CNTY N D HEALTH CARE FAC REV                                                | WARD CNTY ND HLTH CARE FACS RE COUNTY OF WARD ND                                  | CUSIP: 934023EV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2185858.25   | 0.17%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH                         | DOWNTOWN EAST STREETCAR SWR PU DOWNTOWN EAST STREETCAR SEWER PUBLIC INFRASTRUCTUR | CUSIP: 261151AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $495298.00    | 0.04%             | 2042-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV                  | CALIFORNIA CNTY CA TOBACCO SEC CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY    | CUSIP: 13016NGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $854242.00    | 0.07%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486D71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5245565.50   | 0.40%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEX REGL MOBILITY AUTH REV                                               | CENTRL TX REGL MOBILITY AUTH R CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY          | CUSIP: 155498CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.08%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tower Health                                                                     | TOWER HEALTH 4.451000% 02/01/2050                                                 | CUSIP: 891792AA1<br>LEI: 549300SLJK3XUAQHFO63 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $4325031.00   | 0.33%             | 2050-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712DGC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4199038.50   | 0.32%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WILLOW BEND MET DIST COLO                                                        | WILLOW BEND MET DIST CO WILLOW BEND METROPOLITAN DISTRICT                         | CUSIP: 97111VAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $556391.58    | 0.04%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAGO VISTA TEX SPL ASSMT REV                                                     | LAGO VISTA TEX SPL ASSMT REV CITY OF LAGO VISTA TX                                | CUSIP: 507081BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $245336.93    | 0.02%             | 2050-09-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FLA STUDENT HSG REV                                       | CAPITAL PROJS FL FIN AUTH STUD CAPITAL PROJECTS FINANCE AUTHORITY/FL              | CUSIP: 140427BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499961.45    | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANOKA MINN HSG REV                                                               | ANOKA MN HSG REVENUE CITY OF ANOKA MN                                             | CUSIP: 036327AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2606750.40   | 0.20%             | 2035-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV                                   | NORTH CAROLINA ST TURNPIKE AUT NORTH CAROLINA TURNPIKE AUTHORITY                  | CUSIP: 65830RCW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018579.60   | 0.08%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV                                        | CONNECTICUT ST HLTH & EDUCTNL CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES   | CUSIP: 20775DHJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $673145.48    | 0.05%             | 2055-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PORT BEAUMONT TEX INDL DEV AUTH FAC REV                                          | PORT BEAUMONT TX INDL DEV AUTH PORT OF BEAUMONT INDUSTRIAL DEVELOPMENT AUTHORITY  | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6330000 | PA      | $5147798.44   | 0.40%             | 2028-01-01      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| WARD CNTY N D HEALTH CARE FAC REV                                                | WARD CNTY ND HLTH CARE FACS RE COUNTY OF WARD ND                                  | CUSIP: 934023EW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1293396.90   | 0.10%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHGLENN MET DIST COLO SPL REV                                                 | SOUTHGLENN CO MET DIST SPL REV SOUTHGLENN METROPOLITAN DISTRICT                   | CUSIP: 84437RAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3360684.23   | 0.26%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 611                                               | LAS VEGAS NV SPL IMPT DIST #61 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778CAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $710413.38    | 0.05%             | 2050-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX ED REV                                    | NEW HOPE CULTURAL EDU FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR | CUSIP: 64542QCH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4385000 | PA      | $3326678.06   | 0.26%             | 2046-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                                         | CALIFORNIA STWD CMNTYS DEV AUT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SVN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510068.45   | 0.12%             | 2058-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CELINA TEX SPL ASSMT REV                                                         | CELINA TX SPL ASSESSMENT REVEN CITY OF CELINA TX                                  | CUSIP: 15114CBM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1469073.15   | 0.11%             | 2038-09-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUST NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY      | CUSIP: 646136Y39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5245000 | PA      | $5319079.33   | 0.41%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN TOB SECURITIZATION CORP ALASKA TOB SETTLEMENT REV                       | NTHRN AK TOBACCO SECURITIZATIO NORTHERN TOBACCO SECURITIZATION CORP               | CUSIP: 66585VBY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2953052.55   | 0.23%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST FAC REV                                               | PORT BEAUMONT TX NAV DIST FAC PORT BEAUMONT NAVIGATION DISTRICT                   | CUSIP: 73360DAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1431361.19   | 0.11%             | 2025-01-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| AURORA ILL TAX INCREMENT REV                                                     | AURORA IL TAX INCR REVENUE CITY OF AURORA IL                                      | CUSIP: 051688AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $677796.91    | 0.05%             | 2027-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486WY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2054116.40   | 0.16%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV                         | PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR  | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1468725.60   | 0.11%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP REV                                                         | FLORIDA ST DEV FIN CORP FLORIDA DEVELOPMENT FINANCE CORP                          | CUSIP: 340618DF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2991060.90   | 0.23%             | 2057-07-01      | Floating      | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                      | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048VVB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $821444.14    | 0.06%             | 2054-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LAS VEGAS NEV SALES TAX INCREMENT REV                                            | LAS VEGAS NV SALES TAX INCREME CITY OF LAS VEGAS NV SALES TAX INCREMENT REVENUE   | CUSIP: 517741AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3099837.65   | 0.24%             | 2035-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TEW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502909.25    | 0.04%             | 2047-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GRAND FORKS CNTY N D SOLID WASTE DISP FAC REV                                    | GRAND FORKS CNTY ND COUNTY OF GRAND FORKS ND                                      | CUSIP: 38543PAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2750000.00   | 0.21%             | 2043-12-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712JED1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1236743.76   | 0.09%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OSCEOLA CNTY FLA TRANSN REV                                                      | OSCEOLA CNTY FL TRANSPRTN REVE COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE        | CUSIP: 688031EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1044919.43   | 0.08%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA KENNESTONE HOSP AUTH REV                                            | COBB CNTY GA KENNESTONE HOSP A COBB COUNTY KENNESTONE HOSPITAL AUTHORITY          | CUSIP: 190813SZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3365000 | PA      | $2901989.12   | 0.22%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505XL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2315758.68   | 0.18%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L3G0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  10321402 | PA      | $10516137.96  | 0.81%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45203H5R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1492539.50   | 0.11%             | 2030-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA REV                                                           | CAPITAL TRUST AGY FL REVENUE CAPITAL TRUST AGENCY INC                             | CUSIP: 14052WBV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3390000 | PA      | $27459.00     | 0.00%             | 2044-01-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD SPL OBLIG                                                 | PRINCE GEORGES CNTY MD SPL OBL COUNTY OF PRINCE GEORGE'S MD                       | CUSIP: 74172RBP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967040.40    | 0.07%             | 2039-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CELINA TEX SPL ASSMT REV                                                         | CELINA TX SPL ASSESSMENT REVEN CITY OF CELINA TX                                  | CUSIP: 15114CAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $487774.22    | 0.04%             | 2045-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EFB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4535000 | PA      | $4779553.05   | 0.37%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2201986.50   | 0.17%             | 2055-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV                                | TEXAS ST PRIV ACTIVITY BOND SU TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION | CUSIP: 882667AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1613153.13   | 0.12%             | 2045-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1145213.50   | 0.09%             | 2054-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO PRIVATE ACTIVITY REV                                   | REGL CO TRANSPRTN DIST PRIV AC REGIONAL TRANSPORTATION DISTRICT                   | CUSIP: 759151BW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447156.80    | 0.03%             | 2040-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486SR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003775.20   | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74976.48     | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712D6X9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044804.80   | 0.08%             | 2051-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FHU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $822297.00    | 0.06%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MULTNOMAH CNTY ORE HOSP FACS AUTH REV                                            | MULTNOMAH CNTY OR HOSP FACS AU HOSPITAL FACILITIES AUTHORITY OF MULTNOMAH COUNTY  | CUSIP: 62551PCZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $811769.40    | 0.06%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                          | WASHINGTON ST HLTH CARE FACS A WASHINGTON HEALTH CARE FACILITIES AUTHORITY        | CUSIP: 93978HVT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2715000 | PA      | $2340513.53   | 0.18%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEV FIN AUTH REV                                               | KENTUCKY ST ECON DEV FIN AUTH KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY     | CUSIP: 49126PGW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001772.20   | 0.08%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA HEALTH FACS AUTH RETIREMENT CMNTY REV                        | PALM BEACH CNTY FL HLTH FACS A PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY      | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1509852.90   | 0.12%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                                 | TOBACCO SETTLEMENT FING CORP N TOBACCO SETTLEMENT FINANCING CORP                  | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2387059.50   | 0.18%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWR PUERTO RICO ELECTRIC POWER AUTHORITY                | CUSIP: 74526QD82<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    500000 | PA      | $382500.00    | 0.03%             | 2022-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY CMNTY FACS DIST NO 2016-1 IMPT AREA NO 1 SPL TAX | SAN FRANCISCO CITY & CNTY CA C CITY & COUNTY OF SAN FRANCISCO CA COMMUNITY FACILI | CUSIP: 79773JBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $790007.61    | 0.06%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $199242.72    | 0.02%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FIN AUTH WEST VA ASSET BACKED                                 | TOBACCO SETTLEMENT FIN AUTH WV TOBACCO SETTLEMENT FINANCE AUTHORITY               | CUSIP: 88880LAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10070000 | PA      | $8598464.86   | 0.66%             | 2049-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YQ51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1501689.94   | 0.12%             | 2056-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CELINA TEX SPL ASSMT REV                                                         | CELINA TX SPL ASSESSMENT REVEN CITY OF CELINA TX                                  | CUSIP: 15114CBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484509.15    | 0.04%             | 2047-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| WYNDHAM MET DIST NO 2 COLO                                                       | WYNDHAM HILL CO MET DIST #2 WYNDHAM HILL METROPOLITAN DISTRICT NO 2               | CUSIP: 98310UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1382918.70   | 0.11%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FTG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $954806.58    | 0.07%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWR PUERTO RICO ELECTRIC POWER AUTHORITY                | CUSIP: 74526QYD8<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1625000 | PA      | $1190312.50   | 0.09%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REV                                                       | KANSAS ST DEV FIN AUTH REVENUE KANSAS DEVELOPMENT FINANCE AUTHORITY               | CUSIP: 48542RCA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $411300.40    | 0.03%             | 2038-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV                                    | WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 939783TK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4330000 | PA      | $3386929.90   | 0.26%             | 2051-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BLUE SPRINGS MO SPL OBLIG TAX INCREMENT & SPL DISTS                              | BLUE SPRINGS MO SPL OBLIG TAX CITY OF BLUE SPRINGS MO                             | CUSIP: 09606AAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $2916531.56   | 0.22%             | 2039-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TUSCALOOSA CNTY ALA INDL DEV GULF OPPORTUNITY ZONE                               | TUSCALOOSA CNTY AL INDL DEV AU TUSCALOOSA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 90068FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2563500 | PA      | $2315558.54   | 0.18%             | 2032-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FGP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2889836.88   | 0.22%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY ALA SWR REV                                                       | JEFFERSON CNTY AL SWR REVENUE COUNTY OF JEFFERSON AL SEWER REVENUE                | CUSIP: 472682SA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2554775.75   | 0.20%             | 2046-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD SPL OBLIG                                                 | PRINCE GEORGES CNTY MD SPL OBL COUNTY OF PRINCE GEORGE'S MD                       | CUSIP: 74172RBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1914194.20   | 0.15%             | 2048-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BRIGHTON CROSSING MET DIST NO 6 COLO                                             | BRIGHTON CROSSING MET DIST #6 BRIGHTON CROSSING METROPOLITAN DISTRICT NO 6        | CUSIP: 10933PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $489888.11    | 0.04%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                          | CALIFORNIA CMNTY CHOICE FING A CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY    | CUSIP: 13013JAP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3689931.00   | 0.28%             | 2052-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSTITUTION HEIGHTS MET DIST COLO                                               | CONSTITUTION HEIGHTS MET DIST CONSTITUTION HEIGHTS METROPOLITAN DISTRICT          | CUSIP: 210402AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1120323.96   | 0.09%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV                                | TEXAS ST PRIV ACTIVITY BOND SU TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1907533.60   | 0.15%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WATERVIEW II MET DIST COLO                                                       | WATERVIEW II MET DIST CO WATERVIEW II METROPOLITAN DISTRICT                       | CUSIP: 94222GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $870575.55    | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEX REGL MOBILITY AUTH REV                                               | CENTRL TX REGL MOBILITY AUTH R CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY          | CUSIP: 155498CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.08%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L3M7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2956539 | PA      | $2418644.33   | 0.19%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL MIDWAY ARPT REV                                                      | CHICAGO IL MIDWAY ARPT REVENUE CHICAGO MIDWAY INTERNATIONAL AIRPORT               | CUSIP: 167562NF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001276.20   | 0.15%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SENAC SOUTH MET DIST NO 1 COLO                                                   | SENAC SOUTH MET DIST #1 CO SENAC SOUTH METROPOLITAN DISTRICT NO 1                 | CUSIP: 81685AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4155939.00   | 0.32%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOWER MAGNOLIA GREEN CMNTY DEV AUTH VA SPL ASSMT                                 | LOWER MAGNOLIA GREEN VA CMNTY LOWER MAGNOLIA GREEN COMMUNITY DEVELOPMENT AUTHORI  | CUSIP: 548207AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4005000 | PA      | $3692253.56   | 0.28%             | 2045-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV                                | NORTH CAROLINA ST MED CARE COM NORTH CAROLINA MEDICAL CARE COMMISSION             | CUSIP: 65820YSD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $188357.38    | 0.01%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BPT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $159830.93    | 0.01%             | 2056-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y REV                                                  | BUILD NYC RESOURCE CORP NY REV BUILD NYC RESOURCE CORP                            | CUSIP: 12008ERT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $377190.19    | 0.03%             | 2056-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505TG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020526.60   | 0.16%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REV                                                          | WESTMINSTER MD PROJ REVENUE CITY OF WESTMINSTER MD                                | CUSIP: 960735AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $757261.28    | 0.06%             | 2039-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ERIE HIGHLANDS MET DIST NO 2 COLO                                                | ERIE HIGHLANDS CO MET DIST #2 ERIE HIGHLANDS METROPOLITAN DISTRICT NO 2           | CUSIP: 295272AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5725000 | PA      | $5205598.80   | 0.40%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO EDUCTNL & CULTURAL AU COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645UKU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1199632.74   | 0.09%             | 2062-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WICHITA KANS HEALTH CARE FACS REV                                                | WICHITA KS HLTH CARE FACS REVE CITY OF WICHITA KS                                 | CUSIP: 967249PN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $600000.00    | 0.05%             | 2046-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH ED REV                                                | PHOENIX AZ INDL DEV AUTH EDU R INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PH | CUSIP: 71885FDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $595840.41    | 0.05%             | 2024-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1459132.50   | 0.11%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THIRD CREEK MET DIST NO 1 COLO                                                   | THIRD CREEK MET DIST #1 CO THIRD CREEK METROPOLITAN DISTRICT NO 1                 | CUSIP: 88423EAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1280353.08   | 0.10%             | 2042-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1368022.50   | 0.10%             | 2054-07-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| HOWARD CNTY MD SPL OBLIG                                                         | HOWARD CNTY MD SPL OBLIG COUNTY OF HOWARD MD                                      | CUSIP: 442599AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $906604.00    | 0.07%             | 2039-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| YAVAPAI CNTY ARIZ INDL DEV AUTH ED REV                                           | YAVAPAI CNTY AZ INDL DEV AUTHE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF  | CUSIP: 98521VAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $1945792.21   | 0.15%             | 2034-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                      | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048TWM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4026659.20   | 0.31%             | 2045-11-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| HANLEY/EAGER RD TRANSN DEV DIST MO REV                                           | HANLEY/EAGER ROAD MO TRANSPRTN HANLEY/EAGER ROAD TRANSPORTATION DEVELOPMENT DISTR | CUSIP: 41048TAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $371395.87    | 0.03%             | 2026-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                      | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048TP31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1008949.05   | 0.08%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWR PUERTO RICO ELECTRIC POWER AUTHORITY                | CUSIP: 74526QD74<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1500000 | PA      | $1147500.00   | 0.09%             | 2021-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV                               | LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT       | CUSIP: 54844CAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1556231.43   | 0.12%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIRST CREEK VLG MET DIST COLO                                                    | 1ST CREEK VLG MET DIST CO FIRST CREEK VILLAGE METROPOLITAN DISTRICT               | CUSIP: 319617AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $573696.08    | 0.04%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SERENITY RIDGE MET DIST NO 2 COLO                                                | SERENITY RIDGE CO MET DIST #2 SERENITY RIDGE METROPOLITAN DISTRICT NO 2           | CUSIP: 817504AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $575972.93    | 0.04%             | 2037-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2694526.80   | 0.21%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA TOWN CTR CMNTY DEV AUTH VA SPL OBLIG                                   | PENINSULA TOWN CENTER VA CMNTY PENINSULA TOWN CENTER COMMUNITY DEVELOPMENT AUTHOR | CUSIP: 70718LAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3308522.98   | 0.25%             | 2045-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030757.00   | 0.16%             | 2034-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HODGKINS ILL TAX INCREMENT REV                                                   | HODGKINS IL TAX INCR REVENUE VILLAGE OF HODGKINS IL                               | CUSIP: 434329AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4885000 | PA      | $4594602.87   | 0.35%             | 2037-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ST LOUIS CNTY MO INDL DEV AUTH SALES TAX REV                                     | ST LOUIS CNTY MO INDL DEV AUTH ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY   | CUSIP: 79152TAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1804239.20   | 0.14%             | 2038-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LAFAYETTE IND MULTIFAMILY HSG REV                                                | LAFAYETTE IN MF HSG REVENUE CITY OF LAFAYETTE IN                                  | CUSIP: 506309AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3310000 | PA      | $2895011.73   | 0.22%             | 2037-01-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN SR HSG REV                                                           | BETHEL MN SENIOR HSG REVENUE CITY OF BETHEL MN                                    | CUSIP: 08676PAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2374075.00   | 0.18%             | 2058-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUST NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY      | CUSIP: 6461364Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4015000 | PA      | $3774450.91   | 0.29%             | 2049-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OHIO HOSP REV                                                      | CUYAHOGA CNTY OH HOSP REVENUE COUNTY OF CUYAHOGA OH                               | CUSIP: 2322655S3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3821512.18   | 0.29%             | 2047-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & IND CHARTER SCH LEASE REV                        | DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS & INDUSTRY  | CUSIP: 25490LAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1566638.19   | 0.12%             | 2035-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                                            | BUCKEYE OH TOBACCO SETTLEMENT BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13045000 | PA      | $11323066.52  | 0.87%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY SPL FACS ARPT REV                                        | DENVER CITY & CNTY CO SPL FACS CITY & COUNTY OF DENVER CO                         | CUSIP: 249271GV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1966571.40   | 0.15%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3306381.67   | 0.25%             | 2039-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| COTTONWOOD HIGHLANDS MET DIST NO 1 COLO                                          | COTTONWOOD HIGHLANDS MET DIST COTTONWOOD HIGHLANDS METROPOLITAN DISTRICT NO 1     | CUSIP: 221865AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1230863.48   | 0.09%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ CIVIC IMPT CORP ARPT REV                                            | PHOENIX AZ CIVIC IMPT CORP ARP CITY OF PHOENIX CIVIC IMPROVEMENT CORP             | CUSIP: 71883MKD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253094.60    | 0.02%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY ILL                                                                    | COOK CNTY IL COUNTY OF COOK IL                                                    | CUSIP: 213185KM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2558873.52   | 0.20%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YQJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484169.75    | 0.04%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC INC N Y                                                                    | TSASC INC NY TSASC INC/NY                                                         | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2646654.00   | 0.20%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KIRKWOOD MO INDL DEV AUTH RETIREMENT CMNTY REV                                   | KIRKWOOD MO INDL DEV AUTH RETM KIRKWOOD INDUSTRIAL DEVELOPMENT AUTHORITY          | CUSIP: 497609AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2400969.15   | 0.18%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E7B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $307881.32    | 0.02%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 612                                               | LAS VEGAS NV SPL IMPT DIST #61 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778WAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $578314.65    | 0.04%             | 2042-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JQB4<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1383000 | PA      | $1290088.40   | 0.10%             | 2024-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT BEAUMONT NAVIGATION DISTRICT                  | CUSIP: 73360CAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $802683.20    | 0.06%             | 2035-01-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1671623.75   | 0.13%             | 2055-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PCR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6125000 | PA      | $5775854.79   | 0.44%             | 2036-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FITZSIMONS VLG MET DIST NO 3 COLO                                                | FITZSIMONS VLG MET DIST #3 CO FITZSIMONS VILLAGE METROPOLITAN DISTRICT NO 3       | CUSIP: 33829NAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1256327.94   | 0.10%             | 2055-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY DEV SPL TAX DIST NO 2020-1                       | SAN FRANCISCO CA CITY & CNTY D CITY & COUNTY OF SAN FRANCISCO CA SPECIAL TAX DIST | CUSIP: 79771HAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3512922.00   | 0.27%             | 2049-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BROADWAY PK NORTH MET DIST NO 2 COLO                                             | BROADWAY PARK NORTH MET DIST # BROADWAY PARK NORTH METROPOLITAN DISTRICT NO 2     | CUSIP: 111561AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1027065.16   | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV                            | CALIFORNIA ST POLL CONTROL FIN CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY   | CUSIP: 130536RM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $739500.00    | 0.06%             | 2032-07-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE IS                                            | TOBACCO SETTLEMENT FING CORP R TOBACCO SETTLEMENT FINANCING CORP/RI               | CUSIP: 888809AJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21270000 | PA      | $2905086.38   | 0.22%             | 2052-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712JDN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1093476.10   | 0.08%             | 2051-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BUFFALO HIGHLANDS MET DIST COLO                                                  | BUFFALO HIGHLANDS MET DIST BUFFALO HIGHLANDS METROPOLITAN DISTRICT                | CUSIP: 119541AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1635496.18   | 0.13%             | 2048-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                                              | PORT AUTH OF NEW YORK & NEW JE PORT AUTHORITY OF NEW YORK & NEW JERSEY            | CUSIP: 73358W5T7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1771070.20   | 0.14%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRAILS AT CROWFOOT MET DIST NO 3 COLO                                            | TRAILS AT CROWFOOT MET DIST #3 TRAILS AT CROWFOOT METROPOLITAN DISTRICT NO 3      | CUSIP: 89286RAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3187521.50   | 0.24%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH REV                                                | DULUTH MN ECON DEV AUTH REVENU DULUTH ECONOMIC DEVELOPMENT AUTHORITY              | CUSIP: 26444VAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1483287.32   | 0.11%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 12 FLA SPL ASSMT REV                                   | VLG FL CDD #12 SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 12       | CUSIP: 92708FAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1282345.48   | 0.10%             | 2033-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| TEXAS TRANSN COMMN ST HWY 249 SYS TOLL REV                                       | TEXAS ST TRANSPRTN COMMISSION TEXAS TRANSPORTATION COMMISSION STATE HIGHWAY 249   | CUSIP: 88283NAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $502660.80    | 0.04%             | 2036-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV                                     | UTAH ST CHRT SCH FIN AUTH CHRT UTAH CHARTER SCHOOL FINANCE AUTHORITY              | CUSIP: 91754TC76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1557954.48   | 0.12%             | 2055-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV                                    | CHARLOTTE CNTY FL INDL DEV AUT CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/ | CUSIP: 16080TAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $399811.00    | 0.03%             | 2041-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| HOWARD CNTY MD SPL OBLIG                                                         | HOWARD CNTY MD SPL OBLIG COUNTY OF HOWARD MD                                      | CUSIP: 442599AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $702463.96    | 0.05%             | 2034-02-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HENDERSON NEV LOC IMPT DISTS                                                     | HENDERSON NV LOCAL IMPT DISTS HENDERSON LOCAL IMPROVEMENT DISTRICTS               | CUSIP: 425208WE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $488167.19    | 0.04%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV                              | MET WASHINGTON DC ARPTS AUTH D METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES  | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4965000 | PA      | $4284930.54   | 0.33%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY PUB TRANSN INFRASTRUCTURE AUTH TOLL REV                                 | KENTUCKY PUB TRANSPRTN INFRAST KENTUCKY PUBLIC TRANSPORTATION INFRASTRUCTURE AUTH | CUSIP: 491397AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5650000 | PA      | $5709932.94   | 0.44%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PTL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $2986050.93   | 0.23%             | 2056-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN SAMOA ECONOMIC DEV AUTH GEN REV                                         | AMERICAN SAMOA AS ECON DEV AUT AMERICAN SAMOA ECONOMIC DEVELOPMENT AUTHORITY      | CUSIP: 02936TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3149117.10   | 0.24%             | 2035-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVIRONMENTAL REV                                            | INDIANA ST FIN AUTH ENVRNMNTL INDIANA FINANCE AUTHORITY                           | CUSIP: 455054BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1970280.55   | 0.15%             | 2039-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHERRY HILL CMNTY DEV AUTH VA SPL ASSMT                                          | CHERRY HILL VA CMNTY DEV AUTHS CHERRY HILL COMMUNITY DEVELOPMENT AUTHORITY        | CUSIP: 164631AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1949417.40   | 0.15%             | 2045-03-01      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & IND CHARTER SCH LEASE REV                        | DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS & INDUSTRY  | CUSIP: 25490LAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $909499.00    | 0.07%             | 2048-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YHH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1987643.40   | 0.15%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN TPK REV                                                | PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION                   | CUSIP: 709223XW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2259195.60   | 0.17%             | 2038-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SAVANNAH GA ECONOMIC DEV AUTH REV                                                | SAVANNAH GA ECON DEV AUTH SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY                 | CUSIP: 80483CLM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $843150.22    | 0.06%             | 2049-01-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH                                                                     | DETROIT MI CITY OF DETROIT MI                                                     | CUSIP: 2510933S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $624979.63    | 0.05%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV                                    | CHARLOTTE CNTY FL INDL DEV AUT CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/ | CUSIP: 16080TAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $661608.03    | 0.05%             | 2051-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $1847170.90   | 0.14%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHAMBERS HIGHPOINT MET DIST NO 2 COLO                                            | CHAMBERS HIGHPOINT MET DIST #2 CHAMBERS HIGHPOINT METROPOLITAN DISTRICT NO 2      | CUSIP: 157817AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $457449.93    | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HEALTH & ED FACS AUTH REV                                        | CHESTER CNTY PA HLTH & EDU FAC CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUT | CUSIP: 165579HE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $782835.82    | 0.06%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JAMES CITY CNTY VA ECONOMIC DEV AUTH RESIDENTIAL CARE FAC REV                    | JAMES CITY CNTY VA ECON DEV AU JAMES CITY COUNTY ECONOMIC DEVELOPMENT AUTHORITY   | CUSIP: 47029WEC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $925253.06    | 0.07%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PCP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2981907.72   | 0.23%             | 2036-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FGP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $325376.77    | 0.02%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV CHARTER SCH REV                                | PHILADELPHIA PA AUTH FOR INDL PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT   | CUSIP: 71780CAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $853770.87    | 0.07%             | 2040-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WATER VY MET DIST NO 001 COLO                                                    | WATER VLY CO MET DIST #1 WATER VALLEY METROPOLITAN DISTRICT NO 01                 | CUSIP: 941144BM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $330490.73    | 0.03%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 816                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779AAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $663786.78    | 0.05%             | 2046-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| HOWARD CNTY MD SPL OBLIG                                                         | HOWARD CNTY MD SPL OBLIG COUNTY OF HOWARD MD                                      | CUSIP: 442599AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1363052.69   | 0.10%             | 2044-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| MUSKINGUM CNTY OHIO HOSP FACS REV                                                | MUSKINGUM CNTY OH HOSP FACS COUNTY OF MUSKINGUM OH                                | CUSIP: 628077CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1934219.48   | 0.15%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WICHITA KANS HEALTH CARE FACS REV                                                | WICHITA KS HLTH CARE FACS REVE CITY OF WICHITA KS                                 | CUSIP: 967249PY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $200000.00    | 0.02%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT BEAUMONT NAVIGATION DISTRICT                  | CUSIP: 73360CAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $491090.93    | 0.04%             | 2041-01-01      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4667000 | PA      | $4237309.31   | 0.33%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS EDL REV                                                      | PUBLIC FIN AUTH WI EDUCTNL REV PUBLIC FINANCE AUTHORITY                           | CUSIP: 74445GAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $485233.40    | 0.04%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                 | NEW JERSEY ST ECON DEV AUTH RE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577BC85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $838610.06    | 0.06%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANGER TEX INDL DEV CORP INDL DEV REV                                            | SANGER TX INDL DEV CORP DEV RE SANGER INDUSTRIAL DEVELOPMENT CORP                 | CUSIP: 800888AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $1237500.00   | 0.09%             | 2038-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FHT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $271067.94    | 0.02%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP SPL OBLIG                                          | MARYLAND ST ECON DEV CORP SPL MARYLAND ECONOMIC DEVELOPMENT CORP                  | CUSIP: 57422FAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $682272.24    | 0.05%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA DEPT TRANSN PRIVATE ACTIVITY REV                                  | NORTH CAROLINA DEPT TRANSN NORTH CAROLINA DEPARTMENT OF TRANSPORTATION            | CUSIP: 65820FAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1417364.28   | 0.11%             | 2037-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UPPER ILL RIV VY DEV AUTH REV                                                    | UPPER IL RIVER VLY DEV AUTH UPPER ILLINOIS RIVER VALLEY DEVELOPMENT AUTHORITY     | CUSIP: 91588TBS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040067.40   | 0.16%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL MIDWAY ARPT REV                                                      | CHICAGO IL MIDWAY ARPT REVENUE CHICAGO MIDWAY INTERNATIONAL AIRPORT               | CUSIP: 167562NY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $484881.51    | 0.04%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EJ33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4995000 | PA      | $4795886.81   | 0.37%             | 2049-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H SR LIVING REV                                              | NATIONAL FIN AUTH NH SENIOR LI NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY           | CUSIP: 63608SAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $837084.80    | 0.06%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                              | PUBLIC FIN AUTH WI CHRT SCH RE PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $499470.54    | 0.04%             | 2051-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS HSG DEV AUTH MULTIFAMILY HSG REV                                        | ILLINOIS ST HSG DEV AUTH MF HS ILLINOIS HOUSING DEVELOPMENT AUTHORITY             | CUSIP: 45203LCG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $3636968.92   | 0.28%             | 2056-01-01      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 612                                               | LAS VEGAS NV SPL IMPT DIST #61 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778WAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $161825.50    | 0.01%             | 2035-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX ED REV                                             | NEWARK HGR EDU FIN CORP TX EDU NEWARK HIGHER EDUCATION FINANCE CORP               | CUSIP: 650346BW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $928032.75    | 0.07%             | 2035-08-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH REV                                                        | OKLAHOMA ST DEV FIN AUTH OKLAHOMA DEVELOPMENT FINANCE AUTHORITY                   | CUSIP: 678908Y73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1622370 | PA      | $1622.37      | 0.00%             | 2057-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH ST LEASE REV                                        | NEW JERSEY ST ECON DEV AUTH NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY             | CUSIP: 64578EKA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1175671.96   | 0.09%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV                                    | CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY              | CUSIP: 126292BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $334342.75    | 0.03%             | 2056-07-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH REV                                                    | MICHIGAN ST HOSP FIN AUTH MICHIGAN STATE HOSPITAL FINANCE AUTHORITY               | CUSIP: 59465HVU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4085193.20   | 0.31%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST STATE OF ILLINOIS                                                     | CUSIP: 452152G70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026594.70   | 0.08%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E6F0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1634287.60   | 0.13%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET BKD   | WESTCHESTER NY TOBACCO ASSET S WESTCHESTER TOBACCO ASSET SECURITIZATION CORP      | CUSIP: 957480BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7064206.10   | 0.54%             | 2051-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $460047.90    | 0.04%             | 2046-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3538696.00   | 0.27%             | 2044-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999855.40   | 0.15%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                 | NEW JERSEY ST ECON DEV AUTH RE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577XBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1043157.94   | 0.08%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH SALES TAX REV                                       | KANSAS CITY MO INDL DEV AUTH S KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 48503VAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1823976.20   | 0.14%             | 2036-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SEI Daily Income Trust: Government Fund; Class F Shares                          | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  21530583 | NS      | $21530583.39  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EBJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2826599.10   | 0.22%             | 2036-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E4S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5595000 | PA      | $5572839.88   | 0.43%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSCEOLA CNTY FLA TRANSN REV                                                      | OSCEOLA CNTY FL TRANSPRTN REVE COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE        | CUSIP: 688031ED1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $666778.80    | 0.05%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEMPE ARIZ INDL DEV AUTH REV                                                     | TEMPE AZ INDL DEV AUTH REVENUE TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY             | CUSIP: 87972MAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1030864.92   | 0.08%             | 2052-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY CMNTY FACS DIST NO 2016-1 IMPT AREA NO 2 SPL TAX | SAN FRANCISCO CITY & CNTY CA C CITY & COUNTY OF SAN FRANCISCO CA COMMUNITY FACILI | CUSIP: 79773LAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2014314.75   | 0.15%             | 2042-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EEH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6640000 | PA      | $6038730.74   | 0.46%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                          | WASHINGTON ST HLTH CARE FACS A WASHINGTON HEALTH CARE FACILITIES AUTHORITY        | CUSIP: 93978HUA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3339715.75   | 0.26%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 814                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778UAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $600789.62    | 0.05%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTON CROSSING MET DIST NO 4 COLO                                             | BRIGHTON CO CROSSING MET DIST# BRIGHTON CROSSING METROPOLITAN DISTRICT NO 4       | CUSIP: 109330AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $506261.02    | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712D6W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531983.00   | 0.12%             | 2052-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIRABELLE MET DIST NO 2 COLO                                                     | MIRABELLE MET DIST #2 CO MIRABELLE METROPOLITAN DISTRICT NO 2                     | CUSIP: 60458HAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1694809.74   | 0.13%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAS MET DIST COLO                                                             | VILLAS MET DIST CO VILLAS METROPOLITAN DISTRICT                                   | CUSIP: 927155AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1246000 | PA      | $1124594.00   | 0.09%             | 2048-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWR PUERTO RICO ELECTRIC POWER AUTHORITY                | CUSIP: 74526QA69<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2605000 | PA      | $1947237.50   | 0.15%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY N Y INDL DEV CORP CHARTER SCH REV                                    | MONROE CNTY NY INDL DEV CORP C MONROE COUNTY INDUSTRIAL DEVELOPMENT CORP/NY       | CUSIP: 61075YAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1080470.16   | 0.08%             | 2050-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV                                   | KENTUCKY ST PUBLIC ENERGY AUTH KENTUCKY PUBLIC ENERGY AUTHORITY                   | CUSIP: 74440DBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2481745.00   | 0.19%             | 2049-01-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YQ44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2013459.50   | 0.15%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV                                    | WASHINGTON ST HSG FIN COMMISSION 7.50% 01/01/2049                                 | CUSIP: 939783RX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2083699.00   | 0.16%             | 2049-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHAMBERS HIGHPOINT MET DIST NO 2 COLO                                            | CHAMBERS HIGHPOINT MET DIST #2 CHAMBERS HIGHPOINT METROPOLITAN DISTRICT NO 2      | CUSIP: 157817AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1259296.71   | 0.10%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUTH MULTIFAMILY HSG REV                              | INDIANA ST HSG & CMNTY DEV AUT INDIANA HOUSING & COMMUNITY DEVELOPMENT AUTHORITY  | CUSIP: 45506CBA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $4600640.55   | 0.35%             | 2041-04-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| MORTON GROVE ILL TAX INCREMENT REV                                               | MORTON GROVE IL TAX INCREMENT VILLAGE OF MORTON GROVE IL TAX INCREMENT REVENUE    | CUSIP: 619295AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1782931.00   | 0.14%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JUBAN CROSSING ECONOMIC DEV DIST LA REV                                          | JUBAN CROSSING ECON DEV DIST L JUBAN CROSSING ECONOMIC DEVELOPMENT DISTRICT       | CUSIP: 48125RAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5450000 | PA      | $4556971.18   | 0.35%             | 2044-09-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  21358000 | PA      | $18529991.49  | 1.42%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST SPL TAX                                        | ORANGE CNTY CA CMNTY FACS DIST ORANGE COUNTY COMMUNITY FACILITIES DISTRICT        | CUSIP: 68423PZJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3331403.13   | 0.26%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO ST EDUCTNL & CULTURAL COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645RC82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1811194.41   | 0.14%             | 2046-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FHV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $415478.16    | 0.03%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHLANDS MET DIST NO 1 COLO                                                    | SOUTHLANDS CO MET DIST #1 SOUTHLANDS METROPOLITAN DISTRICT NO 1                   | CUSIP: 84454RAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2729691.90   | 0.21%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUST NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY      | CUSIP: 6461365J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3321921.40   | 0.25%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FTJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3395000 | PA      | $2541228.80   | 0.20%             | 2058-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION TEX ECONOMIC DEV CORP REV                                                | MISSION TX ECON DEV CORP REVEN MISSION ECONOMIC DEVELOPMENT CORP                  | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3126442.80   | 0.24%             | 2031-10-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                           | MAIN STREET NATURAL GAS INC GA MAIN STREET NATURAL GAS INC                        | CUSIP: 56035DDP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6111183.65   | 0.47%             | 2052-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS HOTEL REV                                                    | PUBLIC FIN AUTH WI HOTEL REVEN PUBLIC FINANCE AUTHORITY                           | CUSIP: 74447DAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2307906.75   | 0.18%             | 2052-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA REV                                                            | DIST OF COLUMBIA REVENUE DISTRICT OF COLUMBIA                                     | CUSIP: 25483VWB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $666622.20    | 0.05%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1411620.00   | 0.11%             | 2039-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UFY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1401133.65   | 0.11%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L3T2<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   6456281 | PA      | $2824622.99   | 0.22%             | 2043-11-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45203HS52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1016668.73   | 0.08%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY WIS HOSPS & CLINICS AUTH REV                                          | UNIV HOSPS & CLINICS AUTH WI UNIVERSITY OF WISCONSIN HOSPITALS & CLINICS          | CUSIP: 915260EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4995000 | PA      | $4683091.72   | 0.36%             | 2051-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH SR LIVING FACS REV                                  | LEES SUMMIT MO INDL DEV AUTH S LEES SUMMIT INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 524292AR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1697745.20   | 0.13%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENO NEV SALES TAX REV                                                           | RENO NV SALES TAX REVENUE CITY OF RENO NV                                         | CUSIP: 759861EJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $1992374.50   | 0.15%             | 2058-07-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CHICAGO ILL O HARE INTL ARPT REV                                                 | CHICAGO IL O'HARE INTERNATIONA CHICAGO O'HARE INTERNATIONAL AIRPORT               | CUSIP: 167593X64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4838744.25   | 0.37%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY PA INDL DEV AUTH REV                                               | FRANKLIN CNTY PA INDL DEV AUTH FRANKLIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/P | CUSIP: 353273CE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $627957.41    | 0.05%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSCEOLA CNTY FLA EXPWY SYS REV                                                   | OSCEOLA CNTY FL EXPRESSWAY SYS OSCEOLA COUNTY EXPRESSWAY AUTHORITY                | CUSIP: 688023AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5225467.50   | 0.40%             | 2047-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                 | NEW JERSEY ST ECON DEV AUTH RE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577B5F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019122.50   | 0.08%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV                                    | CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY              | CUSIP: 126292CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3840000 | PA      | $2807720.06   | 0.22%             | 2047-06-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UKP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $686105.49    | 0.05%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV                                    | CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY              | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1261231.80   | 0.10%             | 2056-09-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| DUBOIS PA HOSP AUTH HOSP REV                                                     | DUBOIS PA HOSP AUTH DUBOIS HOSPITAL AUTHORITY                                     | CUSIP: 263804BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2122316.04   | 0.16%             | 2043-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANNING LEWIS RANCH MET DIST NO 8 COLO                                           | BANNING LEWIS RANCH MET DIST # BANNING LEWIS RANCH METROPOLITAN DISTRICT NO 8     | CUSIP: 06663CAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2647607.55   | 0.20%             | 2051-12-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV                                        | FLORIDA ST DEV FIN CORP SOL WS FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061XAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4345000 | PA      | $3279230.59   | 0.25%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TENN HEALTH EDL & HSG FAC BRD REV                                    | CHATTANOOGA TN HLTH EDUCTNL &H CHATTANOOGA HEALTH EDUCATIONAL & HOUSING FACILITY  | CUSIP: 162410DN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999922.90    | 0.08%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA                                   | SOUTHEAST ENERGY AUTH AL COMMO SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT  | CUSIP: 84136FBL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1587900.60   | 0.12%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV                         | PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR  | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $650750.06    | 0.05%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UFC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1660163.31   | 0.13%             | 2050-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FARMINGTON N MEX POLLUTN CTL REV                                                 | FARMINGTON NM POLL CONTROL REV CITY OF FARMINGTON NM                              | CUSIP: 311450FS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2964675.60   | 0.23%             | 2040-06-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV                                     | OHIO ST AIR QUALITY DEV AUTH E OHIO AIR QUALITY DEVELOPMENT AUTHORITY             | CUSIP: 67754AAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3555000 | PA      | $3286174.46   | 0.25%             | 2038-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| BASE VLG MET DIST NO 2 COLO                                                      | BASE VLG MET DIST #2 CO BASE VILLAGE METROPOLITAN DISTRICT NO 2                   | CUSIP: 069781AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3041817.68   | 0.23%             | 2046-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MAINE FIN AUTH SOLID WASTE DISP REV                                              | MAINE ST FIN AUTH SOL WST DISP FINANCE AUTHORITY OF MAINE                         | CUSIP: 56042CAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982911.40    | 0.08%             | 2035-08-01      | Floating      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| TERRE HAUTE IND REV                                                              | TERRE HAUTE IN REVENUE CITY OF TERRE HAUTE IN                                     | CUSIP: 881093AS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2117454.68   | 0.16%             | 2039-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN STUDENT HSG REV                                                 | MINNEAPOLIS MN STUDENT HSG REV CITY OF MINNEAPOLIS MN                             | CUSIP: 60379NCL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $464289.70    | 0.04%             | 2053-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLACKAMAS COUNTY HOSPITAL FACILITY AUTHORITY       | CUSIP: 179027YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $873458.70    | 0.07%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ST LOUIS MO INDL DEV AUTH FING REV                                               | SAINT LOUIS MO INDL DEV AUTH F INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST | CUSIP: 85236BAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1807091.78   | 0.14%             | 2035-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LINCOLNWOOD ILL TAX INCREMENT ALLOCATION REV NT CTFS PARTN                       | LINCOLNWOOD IL TAX INCREMENT A VILLAGE OF LINCOLNWOOD IL                          | CUSIP: 53509AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2010716.44   | 0.15%             | 2041-01-01      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| FULTON CNTY GA RESIDENTIAL CARE FACS ELDERLY AUTH REV                            | FULTON CNTY GA RSDL CARE FACS FULTON COUNTY RESIDENTIAL CARE FACILITIES FOR THE   | CUSIP: 360058FR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $960384.49    | 0.07%             | 2056-04-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NASSAU CNTY N Y INDL DEV AGY CONTINUING CARE RETIREMENT CMNTY REV                | NASSAU CNTY NY INDL DEV AGY CC NASSAU COUNTY INDUSTRIAL DEVELOPMENT AGENCY        | CUSIP: 63166UAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4357851 | PA      | $2124682.02   | 0.16%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP REV                                             | KALAMAZOO MI ECON DEV CORP KALAMAZOO ECONOMIC DEVELOPMENT CORP                    | CUSIP: 483228DY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3014720.25   | 0.23%             | 2055-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JAMES CITY CNTY VA ECONOMIC DEV AUTH RESIDENTIAL CARE FAC REV                    | JAMES CITY CNTY VA ECON DEV AU JAMES CITY COUNTY ECONOMIC DEVELOPMENT AUTHORITY   | CUSIP: 47029WEB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $871322.99    | 0.07%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA TOWN CTR CMNTY DEV AUTH VA SPL OBLIG                                   | PENINSULA TOWN CENTER VA CMNTY PENINSULA TOWN CENTER COMMUNITY DEVELOPMENT AUTHOR | CUSIP: 70718LAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2547608.25   | 0.20%             | 2037-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PTF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $466604.70    | 0.04%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1735417.84   | 0.13%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV                                        | FLORIDA ST DEV FIN CORP SOL WS FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061XAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3251509.10   | 0.25%             | 2029-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TULSA OKLA MUN ARPT TR REV                                                       | TULSA OK MUNI ARPT TRUST TRUST TULSA AIRPORTS IMPROVEMENT TRUST                   | CUSIP: 899661EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4009422.00   | 0.31%             | 2035-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486ZY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9491564.70   | 0.73%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH SR LIVING REV                                              | ARIZONA ST INDL DEV AUTH SENIO ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052TAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $230874.11    | 0.02%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWRR PUERTO RICO ELECTRIC POWER AUTHORITY               | CUSIP: 74526QD66<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3956501 | PA      | $3026723.27   | 0.23%             | 2021-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ROMEOVILLE ILL REV                                                               | ROMEOVILLE IL REVENUE VILLAGE OF ROMEOVILLE IL                                    | CUSIP: 77615NBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1176583.35   | 0.09%             | 2046-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLACKAMAS COUNTY HOSPITAL FACILITY AUTHORITY       | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $767542.13    | 0.06%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $357254.04    | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116CP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4959465.00   | 0.38%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV                            | CALIFORNIA ST POLL CONTROL FIN CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY   | CUSIP: 130536RA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2500000.00   | 0.19%             | 2039-07-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV                                       | CALIFORNIA CMNTY HSG AGY ESSEN CALIFORNIA COMMUNITY HOUSING AGENCY                | CUSIP: 13013FBE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $7658936.25   | 0.59%             | 2057-02-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y REV                                                  | BUILD NYC RESOURCE CORP NY REV BUILD NYC RESOURCE CORP                            | CUSIP: 12008ETW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760791.53    | 0.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & IND ENVIRONMENTAL IMPT REV                       | DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS & INDUSTRY  | CUSIP: 25461PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $88708.75     | 0.01%             | 2037-12-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                             | ALLENTOWN PA NEIGHBORHOOD IMPT ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444AY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1650210.28   | 0.13%             | 2042-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3485630.99   | 0.27%             | 2045-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV                              | MET WASHINGTON DC ARPTS AUTH D METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES  | CUSIP: 592643DE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1562395.91   | 0.12%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712DVZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2431073.00   | 0.19%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV                                     | OHIO ST AIR QUALITY DEV AUTH E OHIO AIR QUALITY DEVELOPMENT AUTHORITY             | CUSIP: 67754AAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11750000 | PA      | $10427673.80  | 0.80%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ANDERSON IND MULTIFAMILY REV                                                     | ANDERSON IN MF REVENUE CITY OF ANDERSON IN                                        | CUSIP: 033889AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240934.15    | 0.02%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISE CNTY VA INDL DEV AUTH SOLID WASTE & SEW DISP REV                            | WISE CNTY VA INDL DEV AUTH SOL WISE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 977228AE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1359547.95   | 0.10%             | 2040-10-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CHERRY HILL CMNTY DEV AUTH VA SPL ASSMT                                          | CHERRY HILL VA CMNTY DEV AUTHS CHERRY HILL COMMUNITY DEVELOPMENT AUTHORITY        | CUSIP: 164631AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985728.10    | 0.08%             | 2035-03-01      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV                                         | NEW JERSEY ST ECON DEV AUTH SP NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578CCF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2109800.29   | 0.16%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO EDUCTNL & CULTURAL AU COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645UGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $377193.50    | 0.03%             | 2061-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST STATE OF ILLINOIS                                                     | CUSIP: 452152YE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5009809.00   | 0.38%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH                         | DOWNTOWN EAST STREETCAR SWR PU DOWNTOWN EAST STREETCAR SEWER PUBLIC INFRASTRUCTUR | CUSIP: 261151AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1965703.60   | 0.15%             | 2053-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FTX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4330000 | PA      | $4229588.17   | 0.32%             | 2048-01-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UJN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $756101.97    | 0.06%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REV                                  | INDIANA FIN AUTH MIDWESTERN DI INDIANA FINANCE AUTHORITY                          | CUSIP: 45470CAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2412867.00   | 0.19%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX ED REV                                    | NEW HOPE CULTURAL EDU FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR | CUSIP: 64542QBP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4205867.55   | 0.32%             | 2050-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLID WASTE DISP FACS REV                        | WEST VIRGINIA ST ECON DEV AUTH WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY       | CUSIP: 95648VBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1186967.52   | 0.09%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1264992.63   | 0.10%             | 2035-03-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| WESTCREEK MET DIST NO 2 COLO                                                     | WESTCREEK MET DIST #2 CO WESTCREEK METROPOLITAN DISTRICT NO 2                     | CUSIP: 95752TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1197828.19   | 0.09%             | 2048-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UKM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $577529.34    | 0.04%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 8 FLA SPL ASSMT REV                                    | VLG FL CDD #8 SPL ASSMNT REVEN VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 8        | CUSIP: 92707XBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2175423.74   | 0.17%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADWAY STA MET DIST NO 2 COLO                                                  | BROADWAY STATION MET DIST NO 2 BROADWAY STATION METROPOLITAN DISTRICT NO 2        | CUSIP: 111570AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1348797.00   | 0.10%             | 2048-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MULTNOMAH CNTY ORE HOSP FACS AUTH REV                                            | MULTNOMAH CNTY OR HOSP FACS AU HOSPITAL FACILITIES AUTHORITY OF MULTNOMAH COUNTY  | CUSIP: 62551PDA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2220000 | PA      | $1652905.88   | 0.13%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TBQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000275.40   | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YAMHILL CNTY ORE HOSP AUTH REV                                                   | YAMHILL CNTY OR HOSP AUTH YAMHILL COUNTY HOSPITAL AUTHORITY                       | CUSIP: 98464UAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $396917.25    | 0.03%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURLEIGH CNTY N D ED FACS REV                                                    | BURLEIGH CNTY ND EDU FACS REVE COUNTY OF BURLEIGH ND                              | CUSIP: 12139LAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $987726.19    | 0.08%             | 2046-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REV                                                       | KANSAS ST DEV FIN AUTH REVENUE KANSAS DEVELOPMENT FINANCE AUTHORITY               | CUSIP: 48542RCB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4190000 | PA      | $2970993.66   | 0.23%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO EDUCTNL & CULTURAL AU COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645UKT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1067327.96   | 0.08%             | 2052-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N MEX POLLUTN CTL REV                                                 | FARMINGTON NM POLL CONTROL REV CITY OF FARMINGTON NM                              | CUSIP: 311450FR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3369783.55   | 0.26%             | 2040-06-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY N Y LOC DEV CORP REV                                               | DUTCHESS CNTY NY LOCAL DEV COR DUTCHESS COUNTY LOCAL DEVELOPMENT CORP             | CUSIP: 267045NK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $792621.64    | 0.06%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WATER VY MET DIST NO 001 COLO                                                    | WATER VLY CO MET DIST #1 WATER VALLEY METROPOLITAN DISTRICT NO 01                 | CUSIP: 941144BN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $524172.06    | 0.04%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                             | ALLENTOWN PA NEIGHBORHOOD IMPT ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444BE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1473708.15   | 0.11%             | 2032-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EGU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2147496.45   | 0.16%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TR FD P R TOB SETTLEMENT REV                                           | THE CHILDRENS TRUST FUND PR TO CHILDREN'S TRUST FUND                              | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $1954645.60   | 0.15%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BQG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $400777.60    | 0.03%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY N Y CIVIC FAC DEV CORP REV                                        | JEFFERSON CNTY NY CIVIC FAC DE JEFFERSON COUNTY CIVIC FACILITY DEVELOPMENT CORP   | CUSIP: 47325RAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $298813.54    | 0.02%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 14 FLA SPL ASSMT REV                                   | VLG FL CDD #14 SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 14       | CUSIP: 92708JAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2502649.55   | 0.19%             | 2042-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CLEAR CREEK STA MET DIST NO 2 COLO                                               | CLEAR CREEK STATION MET DIST N CLEAR CREEK STATION METROPOLITAN DISTRICT NO 2     | CUSIP: 184539AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $907849.80    | 0.07%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L3Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    414012 | PA      | $383715.39    | 0.03%             | 2024-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 816                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779AAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $680734.95    | 0.05%             | 2041-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CTR MET DIST NO 1 COLO SPL REV                                         | JEFFERSON CENTER CO MET DIST # JEFFERSON CENTER METROPOLITAN DISTRICT NO 1        | CUSIP: 47248EAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $594164.03    | 0.05%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ST LOUIS MO INDL DEV AUTH TAX INCREMENT FING REV                                 | SAINT LOUIS MO INDL DEV AUTH T INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST | CUSIP: 85233LAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3151059.28   | 0.24%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS RETIREMENT FAC REV                                           | PUBLIC FIN AUTH WI RETMNT FAC PUBLIC FINANCE AUTHORITY                            | CUSIP: 74444VAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2151992.00   | 0.17%             | 2055-03-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV                                     | LEGATO CMNTY AUTH CO LTD TAX S LEGATO COMMUNITY AUTHORITY                         | CUSIP: 52473TAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $828901.20    | 0.06%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OHIO PORT AUTH TAX INCREMENT FING REV                    | CLEVELAND-CUYAHOGA CNTY OH POR CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY           | CUSIP: 18611HAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $193445.65    | 0.01%             | 2055-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SPL TAX REV                                              | CALIFORNIA ST MUNI FIN AUTH SP CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13051AEJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $863712.68    | 0.07%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV                                     | LEGATO CMNTY AUTH CO LTD TAX S LEGATO COMMUNITY AUTHORITY                         | CUSIP: 52473TAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7335000 | PA      | $4470696.44   | 0.34%             | 2051-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GILBERTS VLG ILL TAX INCREMENT REV NT CTFS PARTN                                 | GILBERTS VLG IL TAX INCREMENT VILLAGE OF GILBERTS IL                              | CUSIP: 37547HAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2418609 | PA      | $2210920.42   | 0.17%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760762.20    | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MATAGORDA CNTY TEX NAV DIST NO 1 POLLUTN CTL REV                                 | MATAGORDA CNTY TX NAV DIST #1 MATAGORDA COUNTY NAVIGATION DISTRICT NO 1           | CUSIP: 576528DU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1717903.43   | 0.13%             | 2030-05-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| FOUR CORNERS BUSINESS IMPT DIST COLO LTD TAX SUPPORTED REV                       | FOUR CORNERS BUSINESS IMPT DIS FOUR CORNERS BUSINESS IMPROVEMENT DISTRICT         | CUSIP: 35084NAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $999958.24    | 0.08%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY INFRASTRUCTURE & REVITALIZATION FING DIST NO 1   | SAN FRANCISCO CA CITY & CNTY I CITY & COUNTY OF SAN FRANCISCO CA INFRASTRUCTURE & | CUSIP: 79773NAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1260220.50   | 0.10%             | 2052-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TSASC INC N Y                                                                    | TSASC INC NY TSASC INC/NY                                                         | CUSIP: 898526FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3592039.20   | 0.28%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL CNTY GA DEV AUTH EDL FACS REV                                 | GAINESVILLE & HALL CNTY GA DEV GAINESVILLE & HALL COUNTY DEVELOPMENT AUTHORITY    | CUSIP: 36274PAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2908883.60   | 0.22%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WATERVIEW II MET DIST COLO                                                       | WATERVIEW II MET DIST CO WATERVIEW II METROPOLITAN DISTRICT                       | CUSIP: 94222GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2089968.75   | 0.16%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV                               | LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT       | CUSIP: 54844CAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $478318.15    | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |     31000 | PA      | $26429.46     | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| BROADWAY PK NORTH MET DIST NO 2 COLO                                             | BROADWAY PARK NORTH MET DIST # BROADWAY PARK NORTH METROPOLITAN DISTRICT NO 2     | CUSIP: 111561AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1135174.06   | 0.09%             | 2049-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FREDERICK CNTY MD TAX INCREMENT& SPL TAX B LTD OBLIG                             | FREDERICK CNTY MD TAX INCR & S COUNTY OF FREDERICK MD                             | CUSIP: 355612AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1181294.33   | 0.09%             | 2039-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MEADOWLARK MET DIST COLO                                                         | MEADOWLARK MET DIST CO MEADOWLARK METROPOLITAN DISTRICT                           | CUSIP: 583213AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $633638.10    | 0.05%             | 2050-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                                            | BUCKEYE OH TOBACCO SETTLEMENT BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2994971.00   | 0.23%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BLQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $566325.36    | 0.04%             | 2030-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN DEV & HSG AGY TENN TAX INCREMENT DEV REV                            | NASHVILLE MET DEV & HSG AGY TN NASHVILLE METROPOLITAN DEVELOPMENT & HOUSING AGENC | CUSIP: 591874AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $905654.97    | 0.07%             | 2036-06-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FGN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $375083.12    | 0.03%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY ALA SWR REV                                                       | JEFFERSON CNTY AL SWR REVENUE COUNTY OF JEFFERSON AL SEWER REVENUE                | CUSIP: 472682RL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9595671.30   | 0.74%             | 2042-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BROADWAY STA MET DIST NO 2 COLO                                                  | BROADWAY STATION MET DIST NO 2 BROADWAY STATION METROPOLITAN DISTRICT NO 2        | CUSIP: 111570AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $688679.52    | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TBE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005883.70   | 0.08%             | 2044-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| POPLAR BLUFF MO TAX INCREMENT REV                                                | POPLAR BLUFF MO TAX INCR REVEN CITY OF POPLAR BLUFF MO                            | CUSIP: 733077AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4885000 | PA      | $4483406.59   | 0.34%             | 2035-11-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV                       | GOLDEN ST TOBACCO SECURITIZATI GOLDEN STATE TOBACCO SECURITIZATION CORP           | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3978608.85   | 0.31%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AK71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2454901.20   | 0.19%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY N Y CIVIC FAC DEV CORP REV                                        | JEFFERSON CNTY NY CIVIC FAC DE JEFFERSON COUNTY CIVIC FACILITY DEVELOPMENT CORP   | CUSIP: 47325RAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3747976.20   | 0.29%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA N Y AREA DEV CORP SOLID WASTE DISP FAC REV                               | NIAGARA NY AREA DEV CORP SOLID NIAGARA AREA DEVELOPMENT CORP                      | CUSIP: 653542AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3100232.45   | 0.24%             | 2042-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UFP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $441636.39    | 0.03%             | 2037-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA HEALTH FACS AUTH REV                                         | PALM BEACH CNTY FL HLTH FACS A PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY      | CUSIP: 696507UT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2097458.85   | 0.16%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV                                       | GRAND PARKWAY TRANSPRTN CORP T GRAND PARKWAY TRANSPORTATION CORP                  | CUSIP: 38611TAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031028.20   | 0.16%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH ECONOMIC DEV REV                           | SOUTH CAROLINA ST JOBS-ECON DE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY | CUSIP: 837031WN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5950000 | PA      | $5394079.60   | 0.41%             | 2052-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOWARD CNTY MD SPL OBLIG                                                         | HOWARD CNTY MD SPL OBLIG COUNTY OF HOWARD MD                                      | CUSIP: 442599AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1087116.13   | 0.08%             | 2047-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| WYANDOTTE CNTY KANS CITY KANS UNI GOVT SPL OBLIG REV                             | WYANDOTTE CNTY KS KANSAS CITY WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT     | CUSIP: 98267VDD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4080000 | PA      | $3709849.75   | 0.28%             | 2032-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY KANS HOSP AUTH HEALTH FACS REV                                        | UNIV OF KANSAS KS HOSP AUTH HL UNIVERSITY OF KANSAS HOSPITAL AUTHORITY            | CUSIP: 914367HZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1142241.98   | 0.09%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KARLS FARM MET DIST NO 2 COLO                                                    | KARL'S FARM MET DIST #2 CO KARL'S FARM METROPOLITAN DISTRICT NO 2                 | CUSIP: 48565KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $590693.52    | 0.05%             | 2040-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PPE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1496870.79   | 0.11%             | 2050-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH HEALTH SVCS FAC LEASE REV                                      | ILLINOIS ST FIN AUTH HEALTH SV ILLINOIS FINANCE AUTHORITY                         | CUSIP: 452031AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3883625.78   | 0.30%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EJ25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2135015.04   | 0.16%             | 2038-04-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| UNIVERSITY KANS HOSP AUTH HEALTH FACS REV                                        | UNIV OF KANSAS KS HOSP AUTH HL UNIVERSITY OF KANSAS HOSPITAL AUTHORITY            | CUSIP: 914367HJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1400374.02   | 0.11%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FLA STUDENT HSG REV                                       | CAPITAL PROJS FL FIN AUTH STUD CAPITAL PROJECTS FINANCE AUTHORITY/FL              | CUSIP: 140427BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505399.00    | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH REV                                                            | MICHIGAN ST FIN AUTH REVENUE MICHIGAN FINANCE AUTHORITY                           | CUSIP: 59447TG80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1790666.70   | 0.14%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV                       | GOLDEN ST TOBACCO SECURITIZATI GOLDEN STATE TOBACCO SECURITIZATION CORP           | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $2319668.00   | 0.18%             | 2066-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY N Y LOC DEV CORP REV                                               | DUTCHESS CNTY NY LOCAL DEV COR DUTCHESS COUNTY LOCAL DEVELOPMENT CORP             | CUSIP: 267045NJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $814658.25    | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TBD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $578397.33    | 0.04%             | 2034-10-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                                          | ARLINGTON TX HGR EDU FIN CORP ARLINGTON HIGHER EDUCATION FINANCE CORP             | CUSIP: 041806AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2339092.41   | 0.18%             | 2044-03-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                                            | BUCKEYE OH TOBACCO SETTLEMENT BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY      | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $2288964.00   | 0.18%             | 2057-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CANYONS MET DIST NO 5 COLO                                                       | CANYONS MET DIST #5 CO CANYONS METROPOLITAN DISTRICT NO 5                         | CUSIP: 139071AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1916325.60   | 0.15%             | 2037-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET BKD   | WESTCHESTER NY TOBACCO ASSET S WESTCHESTER TOBACCO ASSET SECURITIZATION CORP      | CUSIP: 957480BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2534778.03   | 0.19%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO ST EDUCTNL & CULTURAL COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645RC25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2789658.15   | 0.21%             | 2045-04-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS LEASE REV                                          | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34062FAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2799190.63   | 0.21%             | 2047-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 442349DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014950.10   | 0.08%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 442349FZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2118748.75   | 0.16%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX ED REV                                             | NEWARK HGR EDU FIN CORP TX EDU NEWARK HIGHER EDUCATION FINANCE CORP               | CUSIP: 650346BX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1743356.63   | 0.13%             | 2045-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TDB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $746168.88    | 0.06%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $670143.53    | 0.05%             | 2050-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV                                 | LOUISIANA ST PUBLIC FACS AUTH LOUISIANA PUBLIC FACILITIES AUTHORITY               | CUSIP: 54640TAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3473590 | PA      | $34.74        | 0.00%             | 2039-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| TSASC INC N Y                                                                    | TSASC INC NY TSASC INC/NY                                                         | CUSIP: 898526FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017848.80   | 0.15%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH & HGR EDUCTNL MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AU | CUSIP: 5742182Q5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5103877.00   | 0.39%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PAYNE CNTY OKLA ECONOMIC DEV AUTH REV                                            | PAYNE CNTY OK ECON DEV AUTH RE PAYNE COUNTY ECONOMIC DEVELOPMENT AUTHORITY        | CUSIP: 704387AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3843073 | PA      | $9607.68      | 0.00%             | 2046-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB                                | INLAND EMPIRE CA TOBACCO SECUR INLAND EMPIRE TOBACCO SECURITIZATION CORP          | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $5216736.25   | 0.40%             | 2036-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO INTL BUSINESS CTR MET DIST NO 1                                      | DENVER CO INTERNATIONAL BUSINE DENVER INTERNATIONAL BUSINESS CENTER METROPOLITAN  | CUSIP: 249197BA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $306731.32    | 0.02%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059THG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524549.80    | 0.04%             | 2042-08-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH CTFS PARTN                                               | CALIFORNIA ST MUNI FIN AUTH CO CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 130493CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053742.60   | 0.08%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505VA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009431.60   | 0.08%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWR PUERTO RICO ELECTRIC POWER AUTHORITY                | CUSIP: 74526QVX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  12000000 | PA      | $8790000.00   | 0.67%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV                                    | CHARLOTTE CNTY FL INDL DEV AUT CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/ | CUSIP: 16080TAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $1931610.80   | 0.15%             | 2036-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PVU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $676464.94    | 0.05%             | 2042-04-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NIAGARA CNTY N Y TOB ASSET SECURITIZATION CORP TOB SETTLEMENT REV                | NIAGARA CNTY NY TOBACCO ASSET NIAGARA TOBACCO ASSET SECURITIZATION CORP           | CUSIP: 653364BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006861.50   | 0.08%             | 2034-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                            | CLIFTON TX HGR EDU FIN CORP ED CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4245000 | PA      | $4307442.25   | 0.33%             | 2048-08-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                                         | CALIFORNIA STWD CMNTYS DEV AUT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SVL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504234.05    | 0.04%             | 2043-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV                                         | NEW JERSEY ST ECON DEV AUTH SP NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578CCE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3845742.07   | 0.30%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1412022.77   | 0.11%             | 2038-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH SPL OBLIG REV                                      | CHESTER CNTY PA INDL DEV AUTH CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY     | CUSIP: 16559WAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $505516.73    | 0.04%             | 2038-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1010090.18   | 0.08%             | 2045-07-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA INDL DEV AUTH INDL DEV REV                                   | MIAMI-DADE CNTY FL INDL DEV AU MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 59333ECR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4610242.91   | 0.35%             | 2044-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV                       | MET GOVT NASHVILLE & DAVIDSONC METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNT | CUSIP: 592041YU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3970614.50   | 0.30%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DAUPHIN CNTY PA GEN AUTH UNIV REV                                                | DAUPHIN CNTY PA GEN AUTH UNIV DAUPHIN COUNTY GENERAL AUTHORITY                    | CUSIP: 23825JAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1022725.91   | 0.08%             | 2041-10-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| MINNEAPOLIS MINN STUDENT HSG REV                                                 | MINNEAPOLIS MN STUDENT HSG REV CITY OF MINNEAPOLIS MN                             | CUSIP: 60379NCK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1446823.68   | 0.11%             | 2043-08-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| HENDERSON KY EXEMPT FACS REV                                                     | HENDERSON KY EXEMPT FACS REVEN CITY OF HENDERSON KY                               | CUSIP: 425099AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $441697.65    | 0.03%             | 2052-01-01      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486F87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1810963.18   | 0.14%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  19005000 | PA      | $17928659.43  | 1.38%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUST NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY      | CUSIP: 6461364Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013322.00   | 0.08%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL BASIN MUN WTR DIST CALIF REV                                             | CENTRAL BASIN CA MUNI WTR DIST CENTRAL BASIN MUNICIPAL WATER DISTRICT             | CUSIP: 15262PAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2231682.00   | 0.17%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TDA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $691909.32    | 0.05%             | 2042-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH ECONOMIC DEV REV                           | SOUTH CAROLINA ST JOBS-ECON DE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY | CUSIP: 837031WL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3521169.48   | 0.27%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV                                 | LOUISIANA ST PUBLIC FACS AUTHS LOUISIANA PUBLIC FACILITIES AUTHORITY              | CUSIP: 54640TAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1318659 | PA      | $13.19        | 0.00%             | 2024-07-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ST LOUIS MO INDL DEV AUTH TAX INCREMENT FING REV                                 | SAINT LOUIS MO INDL DEV AUTH T INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST | CUSIP: 85233LAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2305228.00   | 0.18%             | 2036-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                 | NEW JERSEY ST ECON DEV AUTH RE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577XCT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $433345.70    | 0.03%             | 2046-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN SR HSG REV                                                           | BETHEL MN SENIOR HSG REVENUE CITY OF BETHEL MN                                    | CUSIP: 08676PBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $987137.83    | 0.08%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486D97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1487330.25   | 0.11%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CHARLESTON W VA SPL DIST EXCISE TAX                                        | SOUTH CHARLESTON WV SPL DIST E CITY OF SOUTH CHARLESTON WV                        | CUSIP: 837323AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3240000 | PA      | $2432132.57   | 0.19%             | 2050-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV                                       | CALIFORNIA CMNTY HSG AGY ESSEN CALIFORNIA COMMUNITY HOUSING AGENCY                | CUSIP: 13013FAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4059909.00   | 0.31%             | 2049-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| OHIO HSG FIN AGY MULTIFAMILY HSG REV                                             | OHIO ST HSG FIN AGY MF HSG REV OHIO HOUSING FINANCE AGENCY                        | CUSIP: 676900UD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1934417.00   | 0.15%             | 2038-01-01      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3276000 | PA      | $2895811.03   | 0.22%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH REV                                                                | IOWA ST FIN AUTH REVENUE IOWA FINANCE AUTHORITY                                   | CUSIP: 46246K4S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1724393.40   | 0.13%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEV CORP LIBERTY REV                                            | NEW YORK ST LIBERTY DEV CORP L NEW YORK LIBERTY DEVELOPMENT CORP                  | CUSIP: 649519EN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1427633.60   | 0.11%             | 2044-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REV                                                          | WESTMINSTER MD PROJ REVENUE CITY OF WESTMINSTER MD                                | CUSIP: 960735AQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1217110.37   | 0.09%             | 2034-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTH RANGE MET DIST NO 3 COLO                                                   | NORTH RANGE MET DIST #3 CO NORTH RANGE METROPOLITAN DISTRICT NO 3                 | CUSIP: 66176NAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2522202.00   | 0.19%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BLR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $767419.31    | 0.06%             | 2040-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS RETIREMENT FAC REV                                           | PUBLIC FIN AUTH WI RETMNT FAC PUBLIC FINANCE AUTHORITY                            | CUSIP: 74444VAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1336050.15   | 0.10%             | 2045-03-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PTG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3290000 | PA      | $2474092.83   | 0.19%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEAK MET DIST NO 1 COLO                                                          | PEAK MET DIST #1 CO PEAK METROPOLITAN DISTRICT NO 1                               | CUSIP: 704676AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $973585.29    | 0.07%             | 2051-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TEMPLE TEX TAX INCREMENT                                                         | TEMPLE TX TAX INCR CITY OF TEMPLE TX                                              | CUSIP: 880157BG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016778.00   | 0.15%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SPL TAX REV                                              | CALIFORNIA ST MUNI FIN AUTH SP CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13051AFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2069306.60   | 0.16%             | 2042-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON NEV LOC IMPT DISTS                                                     | HENDERSON NV LOCAL IMPT DISTS HENDERSON LOCAL IMPROVEMENT DISTRICTS               | CUSIP: 425208WF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $190659.83    | 0.01%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND HEIGHTS MO TAX INCREMENT & SPL DIST REV                                 | MARYLAND HEIGHTS MO TAX INCR & CITY OF MARYLAND HEIGHTS MO                        | CUSIP: 57407CAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1620098.61   | 0.12%             | 2038-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                                         | CALIFORNIA STWD CMNTYS DEV AUT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7380000 | PA      | $7382623.59   | 0.57%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREEN VY RANCH EAST MET DIST NO 6 COLO                                           | GREEN VALLEY RANCH EAST MET DI GREEN VALLEY RANCH EAST METROPOLITAN DISTRICT NO 6 | CUSIP: 39356MAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1112031.27   | 0.09%             | 2050-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CTR MET DIST NO 1 COLO SPL REV                                         | JEFFERSON CENTER CO MET DIST # JEFFERSON CENTER METROPOLITAN DISTRICT NO 1        | CUSIP: 47248EAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $471682.10    | 0.04%             | 2040-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA REV                                                           | CAPITAL TRUST AGY FL REVENUE CAPITAL TRUST AGENCY INC                             | CUSIP: 14052WBW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $8100.00      | 0.00%             | 2049-01-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505YK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2141331.00   | 0.16%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUSKINGUM CNTY OHIO HOSP FACS REV                                                | MUSKINGUM CNTY OH HOSP FACS COUNTY OF MUSKINGUM OH                                | CUSIP: 628077CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4536826.50   | 0.35%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSCEOLA CNTY FLA TRANSN REV                                                      | OSCEOLA CNTY FL TRANSPRTN REVE COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE        | CUSIP: 688031FE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $276952.03    | 0.02%             | 2049-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E7C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248935.18    | 0.02%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOLINGBROOK ILL SPL SVC AREA NO 1 SPL TAX                                        | BOLINGBROOK IL SPL SVC AREA #1 VILLAGE OF BOLINGBROOK IL SPECIAL SERVICE AREA NO  | CUSIP: 09755MAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3148360.60   | 0.24%             | 2041-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DAUPHIN CNTY PA GEN AUTH UNIV REV                                                | DAUPHIN CNTY PA GEN AUTH UNIV DAUPHIN COUNTY GENERAL AUTHORITY                    | CUSIP: 23825JAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3271876.88   | 0.25%             | 2034-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA REV                                                           | CAPITAL TRUST AGY FL REVENUE CAPITAL TRUST AGENCY INC                             | CUSIP: 14052WEB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1790514.00   | 0.14%             | 2041-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO ST EDUCTNL & CULTURAL COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645RB91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1587758.63   | 0.12%             | 2035-04-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| WATER VY MET DIST NO 002 COLO                                                    | WATER VLY CO MET DIST #2 WATER VALLEY METROPOLITAN DISTRICT NO 02                 | CUSIP: 94114PAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1007248.96   | 0.08%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AG43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1681272.60   | 0.13%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AG35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9550000 | PA      | $8930072.26   | 0.69%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EFC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027926.70   | 0.08%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERVE MET DIST NO 1 COLO                                                         | VERVE MET DIST #1 CO VERVE METROPOLITAN DISTRICT NO 1                             | CUSIP: 92538YAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4262971.50   | 0.33%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHLANDS MET DIST NO 1 COLO                                                    | SOUTHLANDS CO MET DIST #1 SOUTHLANDS METROPOLITAN DISTRICT NO 1                   | CUSIP: 84454RAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $481225.60    | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMBER CREEK MET DIST COLO                                                        | AMBER CREEK MET DIST CO AMBER CREEK METROPOLITAN DISTRICT                         | CUSIP: 02320AAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $671557.39    | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E7F9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $416151.85    | 0.03%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH TEX TWY AUTH REV                                                           | N TX TOLLWAY AUTH REVENUE NORTH TEXAS TOLLWAY AUTHORITY                           | CUSIP: 66285WHF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $6237631.50   | 0.48%             | 2043-09-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA                                   | SOUTHEAST ENERGY AUTH AL COMMO SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT  | CUSIP: 84136FAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4822467.00   | 0.37%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA REV                                                            | DIST OF COLUMBIA REVENUE DISTRICT OF COLUMBIA                                     | CUSIP: 25483VWD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1672882.40   | 0.13%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SPRING HILL MET DIST NO 3 COLO                                                   | SPRING HILL MET DIST NO 3 CO SPRING HILL METROPOLITAN DISTRICT NO 3               | CUSIP: 84966NAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5008670.50   | 0.38%             | 2052-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK ST ENVIRONMENTAL FACS CORP SOLID WASTE DISP REV                         | NEW YORK ST ENVRNMNTL FACS COR NEW YORK STATE ENVIRONMENTAL FACILITIES CORP       | CUSIP: 649852AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $706272.83    | 0.05%             | 2050-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 815                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778VAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $710412.38    | 0.05%             | 2040-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK MD SPL OBLIG                                                           | BRUNSWICK MD SPL OBLIG CITY OF BRUNSWICK MD                                       | CUSIP: 117250AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $913485.76    | 0.07%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE ARIZ INDL DEV AUTH REV                                                  | GLENDALE AZ INDL DEV AUTH GLENDALE INDUSTRIAL DEVELOPMENT AUTHORITY               | CUSIP: 378286HY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $461728.32    | 0.04%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANDERSON IND MULTIFAMILY REV                                                     | ANDERSON IN MF REVENUE CITY OF ANDERSON IN                                        | CUSIP: 033889AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2239802.79   | 0.17%             | 2040-01-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                                          | ARLINGTON TX HGR EDU FIN CORP ARLINGTON HIGHER EDUCATION FINANCE CORP             | CUSIP: 041806AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $407593.72    | 0.03%             | 2034-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA REV                                                    | SAINT JOHN THE BAPTIST PARISH PARISH OF ST JOHN THE BAPTIST LA                    | CUSIP: 79020FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3681402.00   | 0.28%             | 2037-06-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                  | MICHIGAN ST FIN AUTH LTD OBLIG MICHIGAN FINANCE AUTHORITY                         | CUSIP: 594479AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3511734.06   | 0.27%             | 2040-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH REV                                                                | IOWA ST FIN AUTH REVENUE IOWA FINANCE AUTHORITY                                   | CUSIP: 46246K2S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1848678.00   | 0.14%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV                                         | NEW JERSEY ST ECON DEV AUTH SP NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578CAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $745125.15    | 0.06%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1396473.58   | 0.11%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FSN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017366.90   | 0.08%             | 2047-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AH34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2371562.76   | 0.18%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV                                   | NORTH CAROLINA ST TURNPIKE AUT NORTH CAROLINA TURNPIKE AUTHORITY                  | CUSIP: 65830RCQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511939.45    | 0.04%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY ARIZ INDL DEV AUTH ED REV                                              | PIMA CNTY AZ INDL DEV AUTH EDU INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF  | CUSIP: 72177MPT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1529728.35   | 0.12%             | 2043-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FEG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1532327.10   | 0.12%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 4423487G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1695793.01   | 0.13%             | 2024-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CMFA SPL FIN AGY VII CALIF ESSENTIAL HSG REV                                     | CMFA SPL FIN AGY VII CA ESSENT CMFA SPECIAL FINANCE AGENCY VII                    | CUSIP: 12574UAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11295000 | PA      | $7394807.13   | 0.57%             | 2056-08-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TCS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $513839.76    | 0.04%             | 2039-06-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| VILLA PK ILL LTD OBLIG TAX INCREMENT REV                                         | VILLA PARK IL LIMITED OBLIG TA VILLAGE OF VILLA PARK IL                           | CUSIP: 927023AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1183548.24   | 0.09%             | 2038-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV                                    | WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 939783WK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $288897.08    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA ST MID-BAY BRIDGE AUTH REV                                               | FLORIDA ST MID-BAY BRIDGE AUTH MID-BAY BRIDGE AUTHORITY                           | CUSIP: 342814DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5058228.00   | 0.39%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWR REV                                                | PUERTO RICO ELEC PWR AUTH PWR PUERTO RICO ELECTRIC POWER AUTHORITY                | CUSIP: 74526QYZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2145000 | PA      | $1571212.50   | 0.12%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV                 | MICHIGAN ST TOBACCO SETTLEMENT MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY      | CUSIP: 594751AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28000000 | PA      | $1095144.40   | 0.08%             | 2058-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712DFF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2216291.50   | 0.17%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECONOMIC DEV AUTH REV                                                | DELAWARE ST ECON DEV AUTH REVE DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY      | CUSIP: 246387SV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1853656.80   | 0.14%             | 2045-10-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UFQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3385000 | PA      | $2885453.21   | 0.22%             | 2036-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MORTON GROVE ILL TAX INCREMENT REV                                               | MORTON GROVE IL TAX INCREMENT VILLAGE OF MORTON GROVE IL TAX INCREMENT REVENUE    | CUSIP: 619295AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $828124.35    | 0.06%             | 2029-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV                                 | LOUISIANA ST PUBLIC FACS AUTH LOUISIANA PUBLIC FACILITIES AUTHORITY               | CUSIP: 54640TAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435481 | PA      | $14.35        | 0.00%             | 2039-07-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV                              | MET WASHINGTON DC ARPTS AUTH D METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES  | CUSIP: 592643BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2226178.20   | 0.17%             | 2044-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REV                                                          | WESTMINSTER MD PROJ REVENUE CITY OF WESTMINSTER MD                                | CUSIP: 960735AS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3816283.09   | 0.29%             | 2044-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $914836.13    | 0.07%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV                                    | WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 939783WL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1990804.56   | 0.15%             | 2048-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BRUNSWICK MD SPL OBLIG                                                           | BRUNSWICK MD SPL OBLIG CITY OF BRUNSWICK MD                                       | CUSIP: 117250AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1554021.01   | 0.12%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HANLEY/EAGER RD TRANSN DEV DIST MO REV                                           | HANLEY/EAGER ROAD MO TRANSPRTN HANLEY/EAGER ROAD TRANSPORTATION DEVELOPMENT DISTR | CUSIP: 41048TAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $799314.60    | 0.06%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH REV                                                            | MICHIGAN ST FIN AUTH REVENUE MICHIGAN FINANCE AUTHORITY                           | CUSIP: 59447TDP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2178092.12   | 0.17%             | 2035-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E7E2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244940.80    | 0.02%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TCY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $271782.46    | 0.02%             | 2046-06-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ARPT FACS REV                                                | PUBLIC FIN AUTH WI ARPT FACS R PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443CAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $820158.01    | 0.06%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN DEV & HSG AGY TENN TAX INCREMENT DEV REV                            | NASHVILLE MET DEV & HSG AGY TN NASHVILLE METROPOLITAN DEVELOPMENT & HOUSING AGENC | CUSIP: 591874AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $644669.31    | 0.05%             | 2028-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| STEEL PT INFRASTRUCTURE IMPT DIST CONN SPL OBLIG REV                             | STEEL POINT INFRASTRUCTURE IMP STEEL POINT INFRASTRUCTURE IMPROVEMENT DISTRICT    | CUSIP: 85814YAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $944448.90    | 0.07%             | 2051-04-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SOUTHWESTERN ILL DEV AUTH REV                                                    | S WSTRN IL DEV AUTH SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY                   | CUSIP: 84552YHC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $50133.24     | 0.00%             | 2031-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UFB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $946730.50    | 0.07%             | 2040-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584XPY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6905000 | PA      | $6909603.56   | 0.53%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV                               | LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT       | CUSIP: 54844CAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $462795.40    | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7014900.90   | 0.54%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE MET DIST NO 5 COLO LTD TAX SUPPORTED & SPL REV                     | RAMPART RANGE CO MET DIST #5 RAMPART RANGE METROPOLITAN DISTRICT NO 5             | CUSIP: 75157WAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3001257.20   | 0.23%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV                                     | OHIO ST AIR QUALITY DEV AUTH E OHIO AIR QUALITY DEVELOPMENT AUTHORITY             | CUSIP: 67754AAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $848506.92    | 0.07%             | 2048-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1037836.65   | 0.08%             | 2046-06-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV                                      | FLORIDA DEV FIN CORP SURFACE T FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061YAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4361165.00   | 0.33%             | 2049-01-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| WATER VY MET DIST NO 001 COLO                                                    | WATER VLY CO MET DIST #1 WATER VALLEY METROPOLITAN DISTRICT NO 01                 | CUSIP: 941144BP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96401.18     | 0.01%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L3E5<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    688914 | PA      | $688913.04    | 0.05%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L3K1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   9052752 | PA      | $7849276.43   | 0.60%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FLA HEALTH FACS AUTH HEALTH FACS REV                                | ALACHUA CNTY FL HLTH FACS AUTH ALACHUA COUNTY HEALTH FACILITIES AUTHORITY         | CUSIP: 010685JV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5190000 | PA      | $3677576.91   | 0.28%             | 2049-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| POTTSVILLE PA HOSP AUTH HEALTH CTR REV                                           | POTTSVILLE PA HOSP AUTH HLTH C POTTSVILLE HOSPITAL AUTHORITY/PA                   | CUSIP: 738431AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3150884.40   | 0.24%             | 2028-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST STATE OF ILLINOIS                                                     | CUSIP: 452152YA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5027658.50   | 0.39%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA CNTY N Y TOB ASSET SECURITIZATION CORP TOB SETTLEMENT REV                | NIAGARA CNTY NY TOBACCO ASSET NIAGARA TOBACCO ASSET SECURITIZATION CORP           | CUSIP: 653364BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003163.90   | 0.08%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FKA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4155000 | PA      | $3581890.88   | 0.27%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1563037.80   | 0.12%             | 2043-07-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3038933.10   | 0.23%             | 2044-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| OKLAHOMA CNTY OKLA FIN AUTH REV                                                  | OKLAHOMA CNTY OK FIN AUTH REVE OKLAHOMA COUNTY FINANCE AUTHORITY                  | CUSIP: 67868NBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2000000.00   | 0.15%             | 2042-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEV FIN AUTH REV                                               | KENTUCKY ST ECON DEV FIN AUTH KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY     | CUSIP: 49126PFG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3484738.35   | 0.27%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                      | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048VUZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $599739.63    | 0.05%             | 2046-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT BEAUMONT NAVIGATION DISTRICT                  | CUSIP: 73360CAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $709621.80    | 0.05%             | 2036-01-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN SAMOA ECONOMIC DEV AUTH GEN REV                                         | AMERICAN SAMOA AS ECON DEV AUT AMERICAN SAMOA ECONOMIC DEVELOPMENT AUTHORITY      | CUSIP: 02936TAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501045.80   | 0.12%             | 2038-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FIRST CREEK VLG MET DIST COLO                                                    | 1ST CREEK VLG MET DIST CO FIRST CREEK VILLAGE METROPOLITAN DISTRICT               | CUSIP: 319617AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $431313.65    | 0.03%             | 2029-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTH HOLLY MET DIST COLO                                                        | NORTH HOLLY MET DIST CO NORTH HOLLY METROPOLITAN DISTRICT                         | CUSIP: 659890AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1645698.25   | 0.13%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV                                   | NORTH CAROLINA ST TURNPIKE AUT NORTH CAROLINA TURNPIKE AUTHORITY                  | CUSIP: 65830RCP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1541173.35   | 0.12%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT PASSENGER FAC CHARGE REV                                         | ATLANTA GA ARPT PASSENGER FAC CITY OF ATLANTA GA AIRPORT PASSENGER FACILITY CHAR  | CUSIP: 04780TCV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2547026.50   | 0.20%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MULTNOMAH CNTY ORE HOSP FACS AUTH REV                                            | MULTNOMAH CNTY OR HOSP FACS AU HOSPITAL FACILITIES AUTHORITY OF MULTNOMAH COUNTY  | CUSIP: 62551PDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3602451.50   | 0.28%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                           | MICHIGAN ST STRATEGIC FUND LTD MICHIGAN STRATEGIC FUND                            | CUSIP: 594698SM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $795317.60    | 0.06%             | 2051-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MATTESON ILL TAX INCREMENT REV                                                   | MATTESON IL TAX INCR REVENUE VILLAGE OF MATTESON IL                               | CUSIP: 577117AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $974761.75    | 0.07%             | 2035-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ARPT FACS REV                                                | PUBLIC FIN AUTH WI ARPT FACS R PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443CAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962532.90    | 0.07%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY PA REDEV AUTH REV                                                | WASHINGTON CNTY PA REDEV AUTH REDEVELOPMENT AUTHORITY OF THE COUNTY OF WASHINGTO  | CUSIP: 938618AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1191616.92   | 0.09%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENWAYS MET DIST NO 1 COLO                                                     | GREENWAYS MET DIST #1 CO GREENWAYS METROPOLITAN DISTRICT NO 1                     | CUSIP: 39679VAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3685000 | PA      | $2522968.78   | 0.19%             | 2051-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO ST EDUCTNL & CULTURAL COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645RC74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $882793.01    | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FIRST CREEK VLG MET DIST COLO                                                    | 1ST CREEK VLG MET DIST CO FIRST CREEK VILLAGE METROPOLITAN DISTRICT               | CUSIP: 319617AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $984138.18    | 0.08%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEVIEW ILL                                                                   | BRIDGEVIEW IL VILLAGE OF BRIDGEVIEW IL                                            | CUSIP: 108555JA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010537.20   | 0.15%             | 2035-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ERIE HIGHLANDS MET DIST NO 1 COLO                                                | ERIE HIGHLANDS CO MET DIST #1 ERIE HIGHLANDS METROPOLITAN DISTRICT NO 1           | CUSIP: 295271AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $635119.11    | 0.05%             | 2040-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 4423487S1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2884731.30   | 0.22%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH ED REV                                                | PHOENIX AZ INDL DEV AUTH EDU R INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PH | CUSIP: 71885FDV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2982115.29   | 0.23%             | 2045-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ERIE HIGHLANDS MET DIST NO 1 COLO                                                | ERIE HIGHLANDS CO MET DIST #1 ERIE HIGHLANDS METROPOLITAN DISTRICT NO 1           | CUSIP: 295271AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $380019.60    | 0.03%             | 2045-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEV CORP LIBERTY REV                                            | NEW YORK ST LIBERTY DEV CORP L NEW YORK LIBERTY DEVELOPMENT CORP                  | CUSIP: 649519DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894847.70    | 0.07%             | 2069-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MICHIGAN PUB EDL FACS AUTH REV                                                   | MICHIGAN ST PUBLIC EDUCTNL FAC MICHIGAN PUBLIC EDUCATIONAL FACILITIES AUTHORITY   | CUSIP: 594569AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1902178.80   | 0.15%             | 2030-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BPS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $365800.90    | 0.03%             | 2051-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH ST LEASE REV                                        | NEW JERSEY ST ECON DEV AUTH NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY             | CUSIP: 64578EKB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1242619.19   | 0.10%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV                               | MISSOURI ST HLTH & EDUCTNL FAC HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF THE S | CUSIP: 60637AUD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $383177.87    | 0.03%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV                                  | TOBACCO SETTLEMENT AUTH IA TOB IOWA TOBACCO SETTLEMENT AUTHORITY                  | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $1510467.00   | 0.12%             | 2065-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584XPX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2327984.54   | 0.18%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKDALE CNTY GA DEV AUTH REV                                                    | ROCKDALE CNTY GA DEV AUTH DEVELOPMENT AUTHORITY OF ROCKDALE COUNTY                | CUSIP: 773008AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $904225.50    | 0.07%             | 2038-01-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505VB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257648.50   | 0.10%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDERICK CNTY MD TAX INCREMENT& SPL TAX B LTD OBLIG                             | FREDERICK CNTY MD TAX INCR & S COUNTY OF FREDERICK MD                             | CUSIP: 355612AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $811614.67    | 0.06%             | 2029-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP REV                                             | KALAMAZOO MI ECON DEV CORP KALAMAZOO ECONOMIC DEVELOPMENT CORP                    | CUSIP: 483228ED0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1196952.99   | 0.09%             | 2051-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FRANKLIN CNTY PA INDL DEV AUTH REV                                               | FRANKLIN CNTY PA INDL DEV AUTH FRANKLIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/P | CUSIP: 353273CF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $782588.20    | 0.06%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO INTL BUSINESS CTR MET DIST NO 1                                      | DENVER CO INTERNATIONAL BUSINE DENVER INTERNATIONAL BUSINESS CENTER METROPOLITAN  | CUSIP: 249197BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2222777.28   | 0.17%             | 2048-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AXT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1629665.48   | 0.13%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY S C ASSMT REV                                                      | BERKELEY CNTY SC ASSMNT REVENU COUNTY OF BERKELEY SC                              | CUSIP: 084220AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1980969.00   | 0.15%             | 2049-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV                    | TARRANT CNTY TX CULTURAL EDU F TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN | CUSIP: 87638RHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3720000 | PA      | $1488000.00   | 0.11%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FINC NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR | CUSIP: 64542UFR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13887456 | PA      | $6352133.48   | 0.49%             | 2061-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE REV                                    | CO HIGH PERFORMANCE TRANSPRTN COLORADO HIGH PERFORMANCE TRANSPORTATION ENTERPRIS  | CUSIP: 19648DAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001374.60   | 0.15%             | 2044-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| 9TH AVE MET DIST COLO NO 2                                                       | 9TH AVENUE MET DIST NO 2 CO 9TH AVENUE METROPOLITAN DISTRICT NO 2                 | CUSIP: 65448PAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872501.20    | 0.07%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEVIEW ILL                                                                   | BRIDGEVIEW IL VILLAGE OF BRIDGEVIEW IL                                            | CUSIP: 108555HH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4880000 | PA      | $4636858.88   | 0.36%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KALISPEL TRIBE INDIANS PRIORITY DISTR WASH REV                                   | KALISPEL TRIBE OF INDIANS PRIO KALISPEL TRIBE OF INDIANS                          | CUSIP: 48340PAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $417593.20    | 0.03%             | 2038-01-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS EXEMPT FACS REV                                              | PUBLIC FIN AUTH WI EXEMPT FACS PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443QAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2536855.50   | 0.19%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SPARKS NEV TOURISM IMPT DIST NO 1 REV                                            | SPARKS NV TOURISM IMPT DIST #1 CITY OF SPARKS NV                                  | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892518.70    | 0.07%             | 2028-06-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BMT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $482431.43    | 0.04%             | 2051-12-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MONROE CNTY FLA ARPT REV                                                         | MONROE CNTY FL ARPT REVENUE COUNTY OF MONROE FL AIRPORT REVENUE                   | CUSIP: 610466AW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $747150.15    | 0.06%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA INDL DEV AUTH INDL DEV REV                                   | MIAMI-DADE CNTY FL INDL DEV AU MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 59333EDK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1606032.34   | 0.12%             | 2035-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 812                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 517784AS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $911797.61    | 0.07%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV                                         | NEW JERSEY ST ECON DEV AUTH SP NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578CBW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004493.70   | 0.08%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BRIGHTON CROSSING MET DIST NO 4 COLO                                             | BRIGHTON CO CROSSING MET DIST# BRIGHTON CROSSING METROPOLITAN DISTRICT NO 4       | CUSIP: 109330AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1571856.92   | 0.12%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505RP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5716435.20   | 0.44%             | 2042-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST SPL TAX                                        | ORANGE CNTY CA CMNTY FACS DIST ORANGE COUNTY COMMUNITY FACILITIES DISTRICT        | CUSIP: 68423PYB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009485.50   | 0.08%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV                                | LAKEWOOD RANCH FL STEWARDSHIP LAKEWOOD RANCH STEWARDSHIP DISTRICT                 | CUSIP: 51265KBA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1812632.65   | 0.14%             | 2037-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PPD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1113757.24   | 0.09%             | 2040-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TRIMBLE CNTY KY POLLUTN CTL REV                                                  | TRIMBLE CNTY KY POLL CONTROL R COUNTY OF TRIMBLE KY                               | CUSIP: 896224BA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $843657.40    | 0.06%             | 2044-09-01      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| GLENDALE ARIZ INDL DEV AUTH REV                                                  | GLENDALE AZ INDL DEV AUTH GLENDALE INDUSTRIAL DEVELOPMENT AUTHORITY               | CUSIP: 378286HZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1281605.63   | 0.10%             | 2051-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PAYNE CNTY OKLA ECONOMIC DEV AUTH REV                                            | PAYNE CNTY OK ECON DEV AUTH RE PAYNE COUNTY ECONOMIC DEVELOPMENT AUTHORITY        | CUSIP: 704387AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1663668 | PA      | $4159.17      | 0.00%             | 2036-11-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| KARLS FARM MET DIST NO 2 COLO                                                    | KARL'S FARM MET DIST #2 CO KARL'S FARM METROPOLITAN DISTRICT NO 2                 | CUSIP: 48565KAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1702481.70   | 0.13%             | 2050-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                           | MAIN STREET NATURAL GAS INC GA MAIN STREET NATURAL GAS INC                        | CUSIP: 56035DBV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600028.86    | 0.05%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505WB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2184315.06   | 0.17%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2145220.33   | 0.16%             | 2034-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH MULTIFAMILY HSG REV                                      | CALIFORNIA ST MUNI FIN AUTH MF CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 130483ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2119514.46   | 0.16%             | 2036-11-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4292521.57   | 0.33%             | 2045-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ST LOUIS CNTY MO INDL DEV AUTH SALES TAX REV                                     | ST LOUIS CNTY MO INDL DEV AUTH ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY   | CUSIP: 79152TAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2635469.10   | 0.20%             | 2045-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ST LOUIS CNTY MO INDL DEV AUTH SR LIVING FACS REV                                | SAINT LOUIS CNTY MO INDL DEV A ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY   | CUSIP: 791524CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1704334.60   | 0.13%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FRX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $769513.25    | 0.06%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MID-BAY BRIDGE AUTH REV                                               | FLORIDA ST MID-BAY BRIDGE AUTH MID-BAY BRIDGE AUTHORITY                           | CUSIP: 342814DD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1694729.52   | 0.13%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE AT DRY CREEK MET DIST NO 2 COLO                                          | VLG AT DRY CREEK MET DIST NO 2 VILLAGE AT DRY CREEK METROPOLITAN DISTRICT NO 2/TH | CUSIP: 92705AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1536000 | PA      | $1253231.62   | 0.10%             | 2044-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OHIO HOSP REV                                                      | CUYAHOGA CNTY OH HOSP REVENUE COUNTY OF CUYAHOGA OH                               | CUSIP: 2322655W4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4814350.00   | 0.37%             | 2057-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712JEE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1324199.62   | 0.10%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN TPK REV                                                | PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION                   | CUSIP: 709224CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1560696.45   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GULF COAST WASTE DISP AUTH TEX SOLID WASTE DISP REV                              | GULF COAST TX WST DISP AUTH GULF COAST AUTHORITY                                  | CUSIP: 402231AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $843148.20    | 0.06%             | 2028-05-01      | Floating      | 1.50%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TCX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $160984.98    | 0.01%             | 2039-06-01      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| DAUPHIN CNTY PA GEN AUTH UNIV REV                                                | DAUPHIN CNTY PA GEN AUTH UNIV DAUPHIN COUNTY GENERAL AUTHORITY                    | CUSIP: 23825JAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750270.75    | 0.06%             | 2053-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ST LOUIS MO INDL DEV AUTH FING REV                                               | SAINT LOUIS MO INDL DEV AUTH F INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST | CUSIP: 85236BAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1136829.73   | 0.09%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H SR LIVING REV                                              | NATIONAL FIN AUTH NH SENIOR LI NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY           | CUSIP: 63608SAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $777511.30    | 0.06%             | 2051-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3410000 | PA      | $2787144.75   | 0.21%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HANLEY/EAGER RD TRANSN DEV DIST MO REV                                           | HANLEY/EAGER ROAD MO TRANSPRTN HANLEY/EAGER ROAD TRANSPORTATION DEVELOPMENT DISTR | CUSIP: 41048TAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $426999.40    | 0.03%             | 2033-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV                    | TARRANT CNTY TX CULTURAL EDU F TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN | CUSIP: 87638RHM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $5400000.00   | 0.41%             | 2052-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BRIGHTON CROSSING MET DIST NO 6 COLO                                             | BRIGHTON CROSSING MET DIST #6 BRIGHTON CROSSING METROPOLITAN DISTRICT NO 6        | CUSIP: 10933PAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2209322.32   | 0.17%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE IS ST HEALTH & EDL BLDG CORP REV                                           | RHODE ISLAND ST HLTH & EDUCTNL RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP  | CUSIP: 762244FP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004358.50   | 0.08%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST STATE OF ILLINOIS                                                     | CUSIP: 452152XW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6568467.75   | 0.50%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1128328.21   | 0.09%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UFX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952541.90    | 0.07%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FTH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3735000 | PA      | $2942246.62   | 0.23%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WATER VY MET DIST NO 002 COLO                                                    | WATER VLY CO MET DIST #2 WATER VALLEY METROPOLITAN DISTRICT NO 02                 | CUSIP: 94114PAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $221136.50    | 0.02%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ECONOMIC DEV AUTH SOLID WASTE DISP REV                                   | VERMONT ST ECON DEV AUTH SOLID VERMONT ECONOMIC DEVELOPMENT AUTHORITY             | CUSIP: 924157AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973367.20    | 0.07%             | 2036-04-01      | Floating      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 12 FLA SPL ASSMT REV                                   | VLG FL CDD #12 SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 12       | CUSIP: 92708FAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2254090.32   | 0.17%             | 2047-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WILD PLUM MET DIST COLO                                                          | WILD PLUM MET DIST CO WILD PLUM METROPOLITAN DISTRICT                             | CUSIP: 96809GAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $625447.82    | 0.05%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                      | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048TN90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $256820.29    | 0.02%             | 2036-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPARKS NEV TOURISM IMPT DIST NO 1 REV                                            | SPARKS NV TOURISM IMPT DIST #1 CITY OF SPARKS NV                                  | CUSIP: 846562AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $315191.99    | 0.02%             | 2024-06-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 10 FLA SPL ASSMT REV                                   | VLG CDD #10 FL SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 10       | CUSIP: 92707CAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $637190.43    | 0.05%             | 2044-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FSM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031468.90   | 0.08%             | 2042-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV                               | MISSOURI ST HLTH & EDUCTNL FAC HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF THE S | CUSIP: 60637AUE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $334835.15    | 0.03%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV                                        | CONNECTICUT ST HLTH & EDUCTNL CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES   | CUSIP: 20775DHH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $465313.45    | 0.04%             | 2045-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 816                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779AAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $1579985.86   | 0.12%             | 2051-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| STONE CREEK MET DIST COLO                                                        | STONE CREEK MET DIST CO STONE CREEK METROPOLITAN DISTRICT                         | CUSIP: 86162VAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1906111.40   | 0.15%             | 2047-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH HEALTH SYS REV                                             | OKLAHOMA ST DEV FIN AUTH HLTHS OKLAHOMA DEVELOPMENT FINANCE AUTHORITY             | CUSIP: 67884XCH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888975.00    | 0.07%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLID WASTE DISP FACS REV                        | WEST VIRGINIA ST ECON DEV AUTH WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY       | CUSIP: 95648VBH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2253793.50   | 0.17%             | 2038-12-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3049346.10   | 0.23%             | 2035-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AHL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3640000 | PA      | $3466444.44   | 0.27%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV                  | CALIFORNIA CNTY CA TOBACCO SEC CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY    | CUSIP: 13016NCX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2237837.00   | 0.17%             | 2046-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE ARIZ INDL DEV AUTH REV                                                  | GLENDALE AZ INDL DEV AUTH GLENDALE INDUSTRIAL DEVELOPMENT AUTHORITY               | CUSIP: 378286JA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $715188.60    | 0.05%             | 2046-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 12 FLA SPL ASSMT REV                                   | VLG FL CDD #12 SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 12       | CUSIP: 92708FAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2009806.03   | 0.15%             | 2043-05-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                             | ALLENTOWN PA NEIGHBORHOOD IMPT ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2878896.60   | 0.22%             | 2042-05-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| THIRD CREEK MET DIST NO 1 COLO                                                   | THIRD CREEK MET DIST #1 CO THIRD CREEK METROPOLITAN DISTRICT NO 1                 | CUSIP: 88423EAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $1700355.70   | 0.13%             | 2051-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FLA STUDENT HSG REV                                       | CAPITAL PROJS FL FIN AUTH STUD CAPITAL PROJECTS FINANCE AUTHORITY/FL              | CUSIP: 140427BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $372974.10    | 0.03%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILLOW BEND MET DIST COLO                                                        | WILLOW BEND MET DIST CO WILLOW BEND METROPOLITAN DISTRICT                         | CUSIP: 97111VAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $871869.80    | 0.07%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH SR LIVING FACS REV                                  | LEES SUMMIT MO INDL DEV AUTH S LEES SUMMIT INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 524292BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2097747.12   | 0.16%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4930000 | PA      | $4930338.69   | 0.38%             | 2046-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-31

**Name of Applicant:** City National Rochdale Funds

**Signature:** Faria Adam

**Name of Signer:** Faria Adam

**Title:** Compliance