# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0000910472-26-009753
**Filing Date:** 2026-6
**Character Count:** 32795
**Document Hash:** 42e39a95d9804c5ffae94943c9c78df1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009753.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000910472-26-009753

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 261122169

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Holbrook Total Return Fund (Series ID: S000091919)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000259794 | Class I      |  |
| C000259796 | Class A      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Holbrook Total Return Fund

- **b. EDGAR series identifier (if any):** S000091919

- **c. LEI of Series:** 529900W5LT18TMDNJF57

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $21983931.59

**Total Liabilities:** $198545.50

**Net Assets:** $21785386.09

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 11.16991400 | **1-Year:** 878.54610900 | **5-Year:** 1467.65930500 | **10-Year:** 1198.39924900 | **30-Year:** 421.42291000

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

- **3-Month:** 1080.16376900 | **1-Year:** 654.11574200 | **5-Year:** 53.97276700 | **10-Year:** 330.17802100 | **30-Year:** 238.56057300

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259794 | 1.21%                | -0.98%               | 0.76%                |
| Class ID C000259796 | 1.19%                | -1.00%               | 0.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $42658.03                | $97116.76                                  |
| Month 2  | $99.87                   | $-344737.16                                |
| Month 3  | $-2247.18                | $46142.71                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BNP PARIBAS SA                                                     | BNP FLOAT 04/30/33    | CUSIP: 05574LHR2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $213750.00    | 0.98%             | 2033-04-30      | Floating      | 2.56%                 | No            |                  2 | On Loan: No      |
| ELLINGTON CLO I LTD                                                | ECLO 2017-1A DR       | CUSIP: 28851QAL7<br>LEI: 254900TQC62LFRK4R517 | Long             | ABS-CBDO         | CORP              | KY        |    224690 | PA      | $224916.25    | 1.03%             | 2029-10-15      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST- 032                                | CFGMS 2025-32 B       | CUSIP: 14023AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $500204.95    | 2.30%             | 2027-12-15      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| FIRST AMERICAN FUNDS INC                                           | FRST AM-GV OB-X       | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1190358 | PA      | $1190358.48   | 5.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                    | FHR 5438 H            | CUSIP: 3137HFDS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     88914 | PA      | $89105.74     | 0.41%             | 2050-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STELLUS CAPITAL INVESTMENT CORP                                    | SCM 7 1/4 04/01/30    | CUSIP: 858568AC2<br>LEI: 5493001DZV6QC1KUSC43 | Long             | DBT              | RF                | US        |    500000 | PA      | $500732.88    | 2.30%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANK PLC                                                    | LLOYDS 10 10/25/33    | CUSIP: 5394E8CC1<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | DBT              | CORP              | GB        |     23000 | PA      | $16703.75     | 0.08%             | 2033-10-25      | Floating      | 0.99%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                               | KD 4.1 10/15/41       | CUSIP: 50155QAM2<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    400000 | PA      | $287641.30    | 1.32%             | 2041-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                  | BACR Float 05/31/33   | CUSIP: 06741TVK0<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $31464.90     | 0.14%             | 2033-05-31      | Floating      | 0.60%                 | No            |                  2 | On Loan: No      |
| FIDUS INVESTMENT CORP                                              | FDUS 6 3/4 03/19/30   | CUSIP: 316500AD9<br>LEI: 549300836CRWCROFBC02 | Long             | DBT              | CORP              | US        |    470000 | PA      | $465642.23    | 2.14%             | 2030-03-19      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SBL HOLDINGS INC                                                   | SECBEN 7.2 10/30/34   | CUSIP: 78397DAD0<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    400000 | PA      | $370142.59    | 1.70%             | 2034-10-30      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST-029                                 | CFGMS 2024-29 B       | CUSIP: 14022JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250366.50    | 1.15%             | 2026-11-01      | Floating      | 13.17%                | Yes           |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-PTC      | JPMCC 2018-PTC A      | CUSIP: 46649GAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $479500.00    | 2.20%             | 2031-04-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT               | TII 2 1/8 02/15/54    | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $658169.15    | 3.02%             | 2054-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| NOMURA AMERICA FINANCE LLC                                         | NOMURA Float 07/29/34 | CUSIP: 65539ABE9<br>LEI: 549300U646RSSKIVOJ29 | Long             | DBT              | CORP              | US        |    215000 | PA      | $153438.62    | 0.70%             | 2034-07-29      | Floating      | 2.08%                 | No            |                  2 | On Loan: No      |
| W & T OFFSHORE INC                                                 | WTI 10 3/4 02/01/29   | CUSIP: 92922PAN6<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $519072.50    | 2.38%             | 2029-02-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                          | BNS Float 09/29/34    | CUSIP: 064159FT8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    104000 | PA      | $67452.32     | 0.31%             | 2034-09-29      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| READYCAP HOLDINGS LLC                                              | RDYCAP 4 1/2 10/20/26 | CUSIP: 755763AC3<br>LEI: 549300W908MAGNC9E420 | Long             | DBT              | CORP              | US        |    300000 | PA      | $290619.50    | 1.33%             | 2026-10-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2024-HB15 LLC                                                 | CFMT 2024-HB15 M3     | CUSIP: 15723AAD3<br>LEI: 98450050957GF5E1CD92 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $485284.20    | 2.23%             | 2034-08-25      | Floating      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS FLOAT 10/30/27     | CUSIP: 38141GGV0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19042.36     | 0.09%             | 2027-10-30      | Floating      | 2.00%                 | No            |                  2 | On Loan: No      |
| Cfmt 2025 AB3 LLC                                                  | CFMT 2025-AB3 M4      | CUSIP: 15723JAF9<br>LEI: 984500B0B47A6AEABC92 | Long             | ABS-O            | CORP              | US        |    518412 | PA      | $413503.01    | 1.90%             | 2055-05-25      | Floating      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                   | PARA 6 3/8 03/30/62   | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $155468.80    | 0.71%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANK PLC                                                    | LLOYDS FLOAT 11/27/33 | CUSIP: 5394E8CE7<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | DBT              | CORP              | GB        |     35000 | PA      | $22175.09     | 0.10%             | 2033-11-27      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GREAT ELM CAPITAL CORP                                             | GECC 8 1/8            | CUSIP: 390320877<br>LEI: 549300JTA9ODXNIVFC33 | Long             | EP               | CORP              | US        |     21480 | NS      | $543658.80    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS Float 01/23/28     | CUSIP: 38141GMD3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48929.05     | 0.22%             | 2028-01-23      | Floating      | 1.55%                 | No            |                  2 | On Loan: No      |
| Equify Financial LLC                                               | EQUIFY 9 1/2 04/30/30 | CUSIP: 29446PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $499975.00    | 2.30%             | 2030-04-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                          | BNS FLOAT 05/29/34    | CUSIP: 064159ES1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $10277.31     | 0.05%             | 2034-05-29      | Floating      | 1.71%                 | No            |                  2 | On Loan: No      |
| GLADSTONE INVESTMENT CORP                                          | GAIN 7 7/8            | CUSIP: 376546867<br>LEI: 549300HFFTVIBC98Z362 | Long             | EP               | CORP              | US        |     18939 | NS      | $481618.77    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| LLOYDS BANK PLC                                                    | LLOYDS Float 02/22/33 | CUSIP: 5394E8BN8<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | DBT              | CORP              | GB        |     54000 | PA      | $32348.24     | 0.15%             | 2033-02-22      | Floating      | 0.59%                 | No            |                  2 | On Loan: No      |
| BANK 2017-BNK9                                                     | BANK 2017-BNK9 XA     | CUSIP: 06540RAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10833457 | PA      | $95305.17     | 0.44%             | 2054-11-15      | Floating      | 0.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                              | FNR 2025-6 DL         | CUSIP: 3136BUUF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $286573.95    | 1.32%             | 2053-04-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                          | BNS Float 08/28/34    | CUSIP: 064159FM3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     28000 | PA      | $18784.81     | 0.09%             | 2034-08-28      | Floating      | 0.71%                 | No            |                  2 | On Loan: No      |
| BCP INVESTMENT CORP                                                | BCIC 7 1/2 09/24/29   | CUSIP: 73688FAF9<br>LEI: 254900YM5BVQKA01I468 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499830.19    | 2.29%             | 2029-09-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS FLOAT 12/13/28     | CUSIP: 38147Q2A3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23492.78     | 0.11%             | 2028-12-13      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| TRINITY CAPITAL INC                                                | TRIN 7 7/8            | CUSIP: 896442704<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EP               | CORP              | US        |     17314 | NS      | $438217.34    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS BANK PLC                                                  | BACR Float 07/31/34   | CUSIP: 06741UFM1<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $20088.18     | 0.09%             | 2034-07-31      | Floating      | 1.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                              | FN FS1590             | CUSIP: 3140XGXU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    209179 | PA      | $178438.54    | 0.82%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                           | MSC 2024-BPR2 E       | CUSIP: 61776EAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $483087.80    | 2.22%             | 2029-05-05      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                              | XCAL 2024-SURF A      | CUSIP: 98373XBP4<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $501478.00    | 2.30%             | 2028-09-25      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS FLOAT 02/28/28     | CUSIP: 38141GPC2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8936.85      | 0.04%             | 2028-02-28      | Floating      | 1.99%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                      | C Float 12/23/29      | CUSIP: 1730T0HV4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    270000 | PA      | $235580.67    | 1.08%             | 2029-12-23      | Floating      | 1.47%                 | No            |                  2 | On Loan: No      |
| GS FINANCE CORP                                                    | GS 4 1/4 06/30/31     | CUSIP: 40057HNH9<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42805.60     | 0.20%             | 2031-06-30      | Floating      | 1.57%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS FLOAT 05/23/28     | CUSIP: 38141GTZ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44920.80     | 0.21%             | 2028-05-23      | Floating      | 1.56%                 | No            |                  2 | On Loan: No      |
| CFMT 2025-HB16 LLC                                                 | CFMT 2025-HB16 M3     | CUSIP: 12531BAD0<br>LEI: 9845009142A6KE49BF08 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $479947.90    | 2.20%             | 2035-03-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                                     | MS 8 02/15/33         | CUSIP: 61760QCH5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     80000 | PA      | $50708.68     | 0.23%             | 2033-02-15      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB2                               | OLIT 2025-HB2 M4      | CUSIP: 68278FAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $210193.48    | 0.96%             | 2038-11-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MMP Capital LLC                                                    | MMPCAP 9 1/2 10/18/29 | CUSIP: 55330PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $501250.00    | 2.30%             | 2029-10-18      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT               | TSY INFL IX N/B       | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $616180.50    | 2.83%             | 2046-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                           | MSC 2024-BPR2 C       | CUSIP: 61776EAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $515104.80    | 2.36%             | 2029-05-05      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                              | XCALFD 25 09/01/25    | CUSIP: 98373XAE0<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $700000.00    | 3.21%             | 2026-10-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CION INVESTMENT CORP                                               | CION 7 1/2            | CUSIP: 17259U402<br>LEI: 549300XN70JLF94XKX80 | Long             | EP               | CORP              | US        |     19570 | NS      | $492772.60    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                          | BNS FLOAT 06/27/34    | CUSIP: 064159FA9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $136831.80    | 0.63%             | 2034-06-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (WORLD BANK) | IBRD Float 07/31/34   | CUSIP: 45905UPQ1<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | US        |     25000 | PA      | $17197.20     | 0.08%             | 2034-07-31      | Floating      | 1.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS FLOAT 11/13/28     | CUSIP: 38147QK21<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21951.83     | 0.10%             | 2028-11-13      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB1                               | OLIT 2025-HB1 M3      | CUSIP: 68278EAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $465535.45    | 2.14%             | 2038-06-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                           | MSC 2024-BPR2 B       | CUSIP: 61776EAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $525538.95    | 2.41%             | 2029-05-05      | Fixed         | 8.54%                 | Yes           |                  2 | On Loan: No      |
| READYCAP HOLDINGS LLC                                              | RDYCAP 9 3/8 03/01/28 | CUSIP: 755763AE9<br>LEI: 549300W908MAGNC9E420 | Long             | DBT              | CORP              | US        |    500000 | PA      | $485866.70    | 2.23%             | 2028-03-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2024-HB14 LLC                                                 | CFMT 2024-HB14 M3     | CUSIP: 12530XAD3<br>LEI: 9845005986F840FBE847 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $483651.60    | 2.22%             | 2034-06-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC                                      | JEF Float 06/28/41    | CUSIP: 47233JFF0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    140000 | PA      | $93450.00     | 0.43%             | 2041-06-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS Float 04/30/28     | CUSIP: 38141GSM7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22420.73     | 0.10%             | 2028-04-30      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                           | MSC 2024-BPR2 D       | CUSIP: 61776EAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249716.30    | 1.15%             | 2029-05-05      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| BAHA TRUST 2024-MAR                                                | BAHA 2024-MAR D       | CUSIP: 05493XAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $630044.28    | 2.89%             | 2041-12-10      | Floating      | 9.20%                 | Yes           |                  2 | On Loan: No      |
| NATIXIS US MEDIUM-TERM NOTE PROGRAM LLC                            | KNFP Float 03/31/36   | CUSIP: 63873HEZ3<br>LEI: 549300MPTYP2BAQOK371 | Long             | DBT              | CORP              | US        |    500000 | PA      | $391250.00    | 1.80%             | 2036-03-31      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                     | MS FLOAT 07/31/30     | CUSIP: 61760QGR9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     53000 | PA      | $45845.00     | 0.21%             | 2030-07-31      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| BLUE OWL TECHNOLOGY FINANCE CORP                                   | OTF 6.1 03/15/28      | CUSIP: 095924AB2<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498894.95    | 2.29%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT               | TII 0 3/4 02/15/42    | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $672827.57    | 3.09%             | 2042-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ONITY LN INVT TR 2024-HB2                                          | OLIT 2024-HB2 M3      | CUSIP: 68278DAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $487511.25    | 2.24%             | 2037-08-25      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BOFA FINANCE LLC                                                   | BAC Float 09/30/41    | CUSIP: 09709T6A4<br>LEI: 549300CGZYSEY3ZSIW16 | Long             | DBT              | CORP              | US        |     35000 | PA      | $21273.56     | 0.10%             | 2041-09-30      | Floating      | 1.18%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                     | MS FLOAT 06/28/28     | CUSIP: 61760QCW2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12798.14     | 0.06%             | 2028-06-28      | Floating      | 0.67%                 | No            |                  2 | On Loan: No      |
| NATIXIS US MEDIUM-TERM NOTE PROGRAM LLC                            | KNFP Float 10/31/33   | CUSIP: 63873HME1<br>LEI: 549300MPTYP2BAQOK371 | Long             | DBT              | CORP              | US        |     30000 | PA      | $21318.36     | 0.10%             | 2033-10-31      | Floating      | 0.64%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC                                      | JEF FLOAT 01/31/38    | CUSIP: 47233JBG2<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18937.50     | 0.09%             | 2038-01-31      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GS Float 11/27/28     | CUSIP: 38147QS23<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     71000 | PA      | $63117.44     | 0.29%             | 2028-11-27      | Floating      | 2.97%                 | No            |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST -031                                | CFGMS 2025-31 B       | CUSIP: 14023CAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    432072 | PA      | $435718.44    | 2.00%             | 2028-02-10      | Floating      | 17.08%                | Yes           |                  2 | On Loan: No      |
| NEWTEKONE INC                                                      | NEWT 8 3/8 04/01/30   | CUSIP: 652526AE4<br>LEI: 549300YLU78IA8GKJ688 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493704.24    | 2.27%             | 2030-04-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2                        | CGCMT 2018-B2 XA      | CUSIP: 17327FBG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7906653 | PA      | $86696.46     | 0.40%             | 2051-03-10      | Floating      | 0.84%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer