# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0001752724-23-070468
**Filing Date:** 2023-3
**Character Count:** 21132
**Document Hash:** adf04f389f786fa9a428387b2533457d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-070468.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-070468

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 23771738

**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:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Anfield Diversified Alternatives ETF (Series ID: S000059538)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000194999 | Anfield Diversified Alternatives ETF | DALT            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **January 31, 2023** | **January 31, 2023** | **January 31, 2023** |
| **Shares** |  | **Fair Value** |
|  | **CLOSED END FUNDS — 10.6%** |  |
|  | **EQUITY - 3.6%** |  |
| 268010 | First Trust MLP and Energy Income Fund | &nbsp;&nbsp;&nbsp; $2197682 |
|  | **FIXED INCOME - 7.0%** |  |
| 365949 | Oxford Lane Capital Corporation | &nbsp;&nbsp;&nbsp; 2137142 |
| 104840 | Pimco Dynamic Income Fund | &nbsp;&nbsp;&nbsp; 2158656 |
|  |  | &nbsp;&nbsp; 4295798 |
|  | **MIXED ALLOCATION - 0.0%<sup>(a)</sup>** |  |
| 1622 | Delaware Investments Dividend and Income Fund | &nbsp;&nbsp;&nbsp; 13560 |
|  | **TOTAL CLOSED END FUNDS (Cost $7,532,403)** | &nbsp;&nbsp; 6507040 |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 9.9%** |  |
|  | **BUSINESS DEVELOPMENT COMPANIES - 4.2%** |  |
| 133900 | Ares Capital Corporation | &nbsp;&nbsp;&nbsp; 2593643 |
|  | **INFRASTRUCTURE REIT - 5.7%** |  |
| 8571 | American Tower Corporation | &nbsp;&nbsp;&nbsp; 1914676 |
| 10556 | Crown Castle, Inc. | &nbsp;&nbsp;&nbsp; 1563449 |
|  |  | &nbsp;&nbsp; 3478125 |
|  | **TOTAL COMMON STOCKS (Cost $6,009,342)** | &nbsp;&nbsp; 6071768 |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 72.5%** |  |
|  | **ALTERNATIVE - 3.2%** |  |
| 39198 | First Trust ETF III-First Trust Long/Short Equity ETF | &nbsp;&nbsp;&nbsp; 1973227 |
|  | **COMMODITY – 15.2%** |  |
| 72908 | Invesco DB Commodity Index Tracking Fund, N | &nbsp;&nbsp;&nbsp; 1813222 |
| 104176 | Invesco DB Energy Fund | &nbsp;&nbsp;&nbsp; 2294997 |
| 47596 | iShares GSCI Commodity Dynamic Roll Strategy ETF | &nbsp;&nbsp;&nbsp; 1343159 |
| 83787 | iShares S&P GSCI Commodity Indexed Trust<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1777122 |

---

---

| | | |
|:---|:---|:---|
| **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **January 31, 2023** | **January 31, 2023** | **January 31, 2023** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 72.5% (Continued)** |  |
|  | **COMMODITY – 15.2% (Continued)** |  |
| 76577 | Teucrium Corn Fund<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; $2035417 |
|  |  | &nbsp;&nbsp; 9263917 |
|  | **EQUITY – 48.7%** |  |
| 21149 | First Trust Cloud Computing ETF | &nbsp;&nbsp;&nbsp; 1354593 |
| 77408 | First Trust ETF VI-First Trust Dorsey Wright DALI | &nbsp;&nbsp;&nbsp; 1990702 |
| 139637 | First Trust Natural Gas ETF | &nbsp;&nbsp;&nbsp; 3496511 |
| 86247 | Global SuperDividend US ETF | &nbsp;&nbsp;&nbsp; 1674054 |
| 40420 | Global X S&P 500 Covered Call ETF | &nbsp;&nbsp;&nbsp; 1645094 |
| 2669 | Global X SuperDividend ETF | &nbsp;&nbsp;&nbsp; 70115 |
| 90173 | Invesco Dynamic Energy Exploration & Production | &nbsp;&nbsp;&nbsp; 2749375 |
| 79876 | Invesco KBW Premium Yield Equity REIT ETF | &nbsp;&nbsp;&nbsp; 1766857 |
| 87603 | Invesco S&P 500 BuyWrite ETF | &nbsp;&nbsp;&nbsp; 1835283 |
| 23427 | iShares Global Healthcare ETF | &nbsp;&nbsp;&nbsp; 1977707 |
| 21047 | iShares Residential and Multisector Real Estate | &nbsp;&nbsp;&nbsp; 1589259 |
| 10548 | iShares US Pharmaceuticals ETF | &nbsp;&nbsp;&nbsp; 1957287 |
| 67501 | NETLease Corporate Real Estate ETF | &nbsp;&nbsp;&nbsp; 1842406 |
| 39182 | Pacer Funds Trust-Pacer Benchmark Industrial Real | &nbsp;&nbsp;&nbsp; 1611889 |
| 25009 | VanEck Rare Earth/Strategic Metals ETF | &nbsp;&nbsp;&nbsp; 2382357 |
| 119275 | VanEck Vectors BDC Income ETF | &nbsp;&nbsp;&nbsp; 1827293 |
|  |  | &nbsp;&nbsp; 29770782 |
|  | **FIXED INCOME - 5.4%** |  |
| 69062 | Janus Henderson Short Duration Income ETF | &nbsp;&nbsp;&nbsp; 3300818 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $45,473,034)** | &nbsp;&nbsp; 44308744 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** | **ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **January 31, 2023** | **January 31, 2023** | **January 31, 2023** | **January 31, 2023** | **January 31, 2023** | **January 31, 2023** |
|  |  |  |  |  | **Fair Value** |
|  | **TOTAL INVESTMENTS - 93.0% (Cost $59,014,780)** | **TOTAL INVESTMENTS - 93.0% (Cost $59,014,780)** |  |  | &nbsp;&nbsp;&nbsp; $56887552 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 7.0%** | **OTHER ASSETS IN EXCESS OF LIABILITIES- 7.0%** |  |  | &nbsp;&nbsp; 4261641 |
|  | **NET ASSETS - 100.0%** |  |  |  | &nbsp;&nbsp; $61149193 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Short Futures Contracts** | **Broker** | **Expiration** | **Notional Amount<sup>(c)</sup>** | **Value and Unrealized Appreciation** |
| 25 | CBOE Volatility Index Future Interactive Broker | CBOE Volatility Index Future Interactive Broker | 02/15/2023 | &nbsp;&nbsp;&nbsp; $488143 | &nbsp;&nbsp;&nbsp; $71857 |
| 25 | CBOE Volatility Index Future Interactive Broker | CBOE Volatility Index Future Interactive Broker | 03/22/2023 | &nbsp;&nbsp;&nbsp; 512015 | &nbsp;&nbsp;&nbsp; 38985 |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | &nbsp;&nbsp; $110842 |

---

---

| | |
|:---|:---|
| BDC | - Business Development Companies |
| ETF | - Exchange-Traded Fund |
| GSCI | - Goldman Sachs Commodity Index |
| REIT | - Real Estate Investment Trust |

---

<sup>(a)</sup> Percentage rounds to less than 0.1%.

<sup>(b)</sup> Non-income producing security.

<sup>(c)</sup> The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund's futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

## 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:** Anfield Diversified Alternatives ETF

- **b. EDGAR series identifier (if any):** S000059538

- **c. LEI of Series:** 549300QJFUYFEM06JB05

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

- **a. Date of fiscal year-end:** 2023-04-30

- **b. Date as of which information is reported:** 2023-01-31

**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:** $61224886.38

**Total Liabilities:** $75693.28

**Net Assets:** $61149193.10

**Cash Not Reported:** $3634014.59

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194999 | 1.91%                | -3.94%               | 5.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1.01                    | $933390.44                                 |
| Month 2  | $19706.34                | $-3352431.11                               |
| Month 3  | $-3.42                   | $2807871.23                                |

**Designated Index Information**

- **Index Name:** ANFIELD ALTERNATIVES ETF

- **Index Identifier:** 1290

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Pacer Funds Trust                     | PACER INDUSTRIAL          | CUSIP: 69374H766<br>LEI: 549300L3D3N0PW0L9M73 | Long             | EC               | RF                | US        |     39182 | NS      | $1611888.71   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                     | CROWN CASTLE INC          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     10556 | NS      | $1563449.16   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Delaware Inv Div                      | DELAWARE DIV&INC          | CUSIP: 245915103<br>LEI: M2GG85LT8NFXNQIB0573 | Long             | EC               | RF                | US        |      1612 | NS      | $13476.32     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Fds                          | GLOBAL X SUPERDI          | CUSIP: 37960A669<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |      2669 | NS      | $70114.63     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation            | AMERICAN TOWER C          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      8571 | NS      | $1914675.69   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust                      | VANECK BDC INCOM          | CUSIP: 92189F411<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |    119275 | NS      | $1827293.00   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust                      | VANECK RARE EART          | CUSIP: 92189H805<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |     25009 | NS      | $2382357.34   | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II | INVESCO KBW PREMIUM YIELD | CUSIP: 46138E594<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     79876 | NS      | $1766857.12   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Exchange-Traded Fund III  | FIRST TRUST LONG/SHORT EQ | CUSIP: 33739P103<br>LEI: 5493003Z20QMESC6XS29 | Long             | EC               | RF                | US        |     39198 | NS      | $1973227.32   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Teucrium Commodity                    | TEUCRIUM CORN FUND        | CUSIP: 88166A102<br>LEI: N/A                  | Long             | EC               | RF                | US        |     76577 | NS      | $2035416.66   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fd Tr         | INVESCO S&P 500 BUYWRITE  | CUSIP: 46137V399<br>LEI: QPT4TMG79RF3UWNU0R52 | Long             | EC               | RF                | US        |     87603 | NS      | $1835282.85   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Exchange-Traded Fund      | FIRST TRUST NATURAL GAS E | CUSIP: 33733E807<br>LEI: 549300MZB4XDLRWOC672 | Long             | EC               | RF                | US        |    139637 | NS      | $3496510.48   | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                         | ISHARES US PHARMACEUTICAL | CUSIP: 464288836<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     10548 | NS      | $1957286.88   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Db Commodty Indx Trackng Fd   | INVESCO DB COMMODITY INDE | CUSIP: 46138B103<br>LEI: 549300HIW8J5DIIYYM41 | Long             | EC               | RF                | US        |     72908 | NS      | $1813221.96   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE                 | CBOE VIX FUTURE   Feb23   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Short            | DE               | CORP              | US        |       -25 | NC      | $71857.50     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust            | JANUS HENDERSON SHORT DUR | CUSIP: 47103U886<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |     69062 | NS      | $3300818.29   | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Fds                          | GLOBAL X SUPERDIVIDEND US | CUSIP: 37950E291<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |     86247 | NS      | $1674054.27   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Pimco Dynamic Income Fd               | PIMCO DYNAMIC INCOME FUND | CUSIP: 72201Y101<br>LEI: F0MWMXS5YG3P711FB044 | Long             | EC               | RF                | US        |    104840 | NS      | $2158655.60   | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE                 | CBOE VIX FUTURE   Mar23   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Short            | DE               | CORP              | US        |       -25 | NC      | $38985.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Exchange-Traded Fund II   | FIRST TRUST CLOUD COMPUTI | CUSIP: 33734X192<br>LEI: 549300HY3NFBU00W8S30 | Long             | EC               | RF                | US        |     21149 | NS      | $1354593.45   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| First Tr Mlp & Energy Income Fd       | FIRST TRUST MLP AND ENERG | CUSIP: 33739B104<br>LEI: 54930012E1PU4RAI3F48 | Long             | EC               | RF                | US        |    268010 | NS      | $2197682.00   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                         | ISHARES RESIDENTIAL REAL  | CUSIP: 464288562<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     21047 | NS      | $1589258.97   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares US ETF Trust                  | ISHARES GSCI COM          | CUSIP: 46431W853<br>LEI: 5493002YECWEEITPWL97 | Long             | EC               | RF                | US        |     47596 | NS      | $1343159.12   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares S&P Gsci C                    | ISHARES S&P GSCI COMMODIT | CUSIP: 46428R107<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     83787 | NS      | $1777122.27   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE                     | BBH SWEEP VEHICLE         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    554752 | PA      | $554752.38    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                         | ISHARES GLOBAL HEALTHCARE | CUSIP: 464287325<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     23427 | NS      | $1977707.34   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Fds                          | GLOBAL X S&P 500 COVE CAL | CUSIP: 37954Y475<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |     40420 | NS      | $1645094.00   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corporation              | ARES CAPITAL COR          | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | RF                | US        |    133900 | NS      | $2593643.00   | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fd Tr         | INVESCO DYNAMIC ENERGY EX | CUSIP: 46137V761<br>LEI: QPT4TMG79RF3UWNU0R52 | Long             | EC               | RF                | US        |     90173 | NS      | $2749374.77   | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp              | OXFORD LANE CAPI          | CUSIP: 691543102<br>LEI: 549300G3KO4JNQQD7Z72 | Long             | EC               | RF                | US        |    365949 | NS      | $2137142.16   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Etf Ser Solutions                     | NETLEASE CORP RE          | CUSIP: 26922A248<br>LEI: 5493008BB0X0GYS3UI50 | Long             | EC               | RF                | US        |     67501 | NS      | $1842406.04   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Db Multi-Sector Comm Tr       | INVESCO DB ENERGY FUND    | CUSIP: 46140H304<br>LEI: 549300W6SL18JV44UR66 | Long             | EC               | RF                | US        |    104176 | NS      | $2294997.28   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Exchange Traded Fund VI   | FT DORSEYWRIGHT           | CUSIP: 33738R712<br>LEI: 549300ZLB3EUU3H8NE60 | Long             | EC               | RF                | US        |     77408 | NS      | $1990701.54   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

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

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer