# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0001145549-25-051518
**Filing Date:** 2025-8
**Character Count:** 75515
**Document Hash:** 4cdf536c71a3e0aa296af89099606a37
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-051518.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001145549-25-051518

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUST FOR PROFESSIONAL MANAGERS
- **CENTRAL INDEX KEY:** 0001141819

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 251223972

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

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

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

## Series and Classes Contracts Data

### CrossingBridge Ultra-Short Duration Fund (Series ID: S000071657)

| Class ID   | Class Name                                                            | Ticker Symbol   |
|:---|:---|:---|
| C000227080 | CrossingBridge Ultra-Short Duration Fund - Institutional Class Shares | CBUDX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **CORPORATE BONDS - 63.1%** | **CORPORATE BONDS - 63.1%** | **Par** | **Value** |
| **Accommodation and Food Services - 3.7%** | **Accommodation and Food Services - 3.7%** | **Accommodation and Food Services - 3.7%** | **Accommodation and Food Services - 3.7%** |
|  GrubHub Holdings, Inc., 5.50%, 07/01/2027 <sup>(a)</sup> |  | 3343000 | $3247584 |
|  Sizzling Platter LLC, 8.50%, 11/28/2025 <sup>(a)</sup> |  | 6948000 | 6951379 |
|  |  |  | 10198963 |
| **Consumer Staples - 1.4%** | **Consumer Staples - 1.4%** | **Consumer Staples - 1.4%** | **Consumer Staples - 1.4%** |
|  Salmar ASA, 5.74% (Norway Interbank Offered Rate Fixing 3 Month + 1.15%), 01/30/2030 | NOK | 40000000 | 3972606 |
| **Energy - 2.1%** | **Energy - 2.1%** | **Energy - 2.1%** | **Energy - 2.1%** |
|  Golar LNG Ltd., 7.00%, 10/20/2025 <sup>(a)</sup> |  | 5892000 | 5915936 |
| **Finance and Insurance - 12.3%** | **Finance and Insurance - 12.3%** | **Finance and Insurance - 12.3%** | **Finance and Insurance - 12.3%** |
|  BGC Group, Inc., 4.38%, 12/15/2025 |  | 4218000 | 4205702 |
|  Ford Motor Credit Co. LLC, 4.13%, 08/04/2025 |  | 1348000 | 1346618 |
|  General Motors Financial Co., Inc., 6.05%, 10/10/2025 |  | 5541000 | 5559421 |
|  Icahn Enterprises LP, 6.25%, 05/15/2026 |  | 7847000 | 7797853 |
|  National Securities Clearing Corp., 4.35%, 05/20/2027 <sup>(a)</sup> |  | 3000000 | 3020101 |
|  Novedo Holding AB, 9.16% (3 Month Stockholm Interbank Offered Rates + 7.00%), 09/23/2027 | SEK | 31250000 | 3286553 |
|  Prime Security Services Borrower LLC, 5.75%, 04/15/2026 <sup>(a)</sup> |  | 2352000 | 2366496 |
|  Stockwik Forvaltning AB, 9.41% (3 Month Stockholm Interbank Offered Rates + 7.25%), 06/26/2029 <sup>(a)</sup> | SEK | 62500000 | 6647425 |
|  |  |  | 34230169 |
| **Health Care and Social Assistance - 1.0%** | **Health Care and Social Assistance - 1.0%** | **Health Care and Social Assistance - 1.0%** | **Health Care and Social Assistance - 1.0%** |
|  HCA, Inc., 5.25%, 06/15/2026 |  | 2800000 | 2804076 |
| **Information - 8.9%** | **Information - 8.9%** | **Information - 8.9%** | **Information - 8.9%** |
|  Calligo UK Ltd., 8.98% (or 8.98% PIK) (3 mo. EURIBOR + 7.00%), 12/29/2028 | EUR | 443831 | 120247 |
| Consolidated Communications, Inc. | Consolidated Communications, Inc. | Consolidated Communications, Inc. | Consolidated Communications, Inc. |
| &nbsp;&nbsp; 5.00%, 10/01/2028 <sup>(a)</sup> |  | 3933000 | 3976992 |
| &nbsp;&nbsp; 6.50%, 10/01/2028 <sup>(a)</sup> |  | 4236000 | 4320942 |
|  Hewlett Packard Enterprise Co., 4.90%, 10/15/2025 <sup>(b)</sup> |  | 6495000 | 6495271 |
|  Sprint LLC, 7.63%, 03/01/2026 |  | 6951000 | 7018112 |
|  T-Mobile USA, Inc., 5.38%, 04/15/2027 |  | 2778000 | 2782903 |
|  |  |  | 24714467 |
| **Management of Companies and Enterprises - 0.6%** | **Management of Companies and Enterprises - 0.6%** | **Management of Companies and Enterprises - 0.6%** | **Management of Companies and Enterprises - 0.6%** |
|  International Game Technology PLC, 4.13%, 04/15/2026 <sup>(a)</sup> |  | 1745000 | 1745155 |
| **Manufacturing - 15.6%** | **Manufacturing - 15.6%** | **Manufacturing - 15.6%** | **Manufacturing - 15.6%** |
|  Amgen, Inc., 5.51%, 03/02/2026 |  | 7025000 | 7026064 |
|  Berry Global, Inc., 1.57%, 01/15/2026 |  | 7364000 | 7233125 |
|  Cannabist Co. Holdings, Inc., 9.25%, 12/31/2028 |  | 2016000 | 1189440 |
|  Elkem ASA, 6.19% (Norway Interbank Offered Rate Fixing 3 Month + 1.55%), 08/31/2028 | NOK | 25000000 | 2498351 |
|  GE HealthCare Technologies, Inc., 5.60%, 11/15/2025 |  | 3271000 | 3278098 |
|  International Flavors & Fragrances, Inc., 1.23%, 10/01/2025 <sup>(a)</sup> |  | 1627000 | 1611307 |
|  Jabil, Inc., 1.70%, 04/15/2026 |  | 5200000 | 5078148 |
|  LYB International Finance III LLC, 1.25%, 10/01/2025 |  | 709000 | 702830 |
|  Microchip Technology, Inc., 4.25%, 09/01/2025 |  | 4180000 | 4175332 |
|  PVH Corp., 4.63%, 07/10/2025 |  | 4816000 | 4815449 |
|  Silgan Holdings, Inc., 1.40%, 04/01/2026 <sup>(a)</sup> |  | 1859000 | 1809085 |
|  Sonoco Products Co., 4.45%, 09/01/2026 |  | 1000000 | 999210 |
|  Stanley Black & Decker, Inc., 6.27%, 03/06/2026 |  | 1916000 | 1916101 |
|  Western Digital Corp., 4.75%, 02/15/2026 |  | 1140000 | 1138246 |
|  |  |  | 43470786 |
| **Other Services (except Public Administration) - 2.0%** | **Other Services (except Public Administration) - 2.0%** | **Other Services (except Public Administration) - 2.0%** | **Other Services (except Public Administration) - 2.0%** |
|  WASH Multifamily Acquisition, Inc., 5.75%, 04/15/2026 <sup>(a)</sup> |  | 5694000 | 5677584 |
| **Professional, Scientific, and Technical Services - 6.1%** | **Professional, Scientific, and Technical Services - 6.1%** | **Professional, Scientific, and Technical Services - 6.1%** | **Professional, Scientific, and Technical Services - 6.1%** |
|  Getty Images, Inc., 9.75%, 03/01/2027 <sup>(a)</sup> |  | 4895000 | 4801063 |
|  Infor LLC, 1.75%, 07/15/2025 <sup>(a)</sup> |  | 6662000 | 6652861 |
|  Oracle Corp., 5.14% (SOFR + 0.76%), 08/03/2028 |  | 1000000 | 1004764 |
|  VMware LLC, 1.40%, 08/15/2026 |  | 4692000 | 4539059 |
|  |  |  | 16997747 |
| **Real Estate and Rental and Leasing - 3.9%** | **Real Estate and Rental and Leasing - 3.9%** | **Real Estate and Rental and Leasing - 3.9%** | **Real Estate and Rental and Leasing - 3.9%** |
|  Crown Castle, Inc., 1.35%, 07/15/2025 |  | 4434000 | 4428469 |
| Penske Truck Leasing Co. LP | Penske Truck Leasing Co. LP | Penske Truck Leasing Co. LP | Penske Truck Leasing Co. LP |
| &nbsp;&nbsp; 4.00%, 07/15/2025 <sup>(a)</sup> |  | 2195000 | 2194526 |
| &nbsp;&nbsp; 1.20%, 11/15/2025 <sup>(a)</sup> |  | 1865000 | 1840744 |
|  ReadyCap Holdings LLC, 9.38%, 03/01/2028 <sup>(a)</sup> |  | 2462000 | 2453357 |
|  |  |  | 10917096 |
| **Retail Trade - 1.6%** | **Retail Trade - 1.6%** | **Retail Trade - 1.6%** | **Retail Trade - 1.6%** |
|  AutoNation, Inc., 4.50%, 10/01/2025 |  | 2854000 | 2852826 |
|  CVS Health Corp., 3.88%, 07/20/2025 |  | 1530000 | 1528954 |
|  |  |  | 4381780 |
| **Transportation and Warehousing - 3.3%** | **Transportation and Warehousing - 3.3%** | **Transportation and Warehousing - 3.3%** | **Transportation and Warehousing - 3.3%** |
|  Tidewater, Inc., 10.38%, 07/03/2028 <sup>(a)</sup> |  | 3200000 | 3391995 |
|  Uber Technologies, Inc., 7.50%, 09/15/2027 <sup>(a)</sup> |  | 5610000 | 5663729 |
|  |  |  | 9055724 |
| **Utilities - 0.6%** | **Utilities - 0.6%** | **Utilities - 0.6%** | **Utilities - 0.6%** |
|  ONEOK, Inc., 2.20%, 09/15/2025 |  | 1749000 | 1738567 |
| **TOTAL CORPORATE BONDS** (Cost $175,577,376) | **TOTAL CORPORATE BONDS** (Cost $175,577,376) | **TOTAL CORPORATE BONDS** (Cost $175,577,376) | 175820656 |
| **MORTGAGE-BACKED SECURITIES - 8.6%** | **MORTGAGE-BACKED SECURITIES - 8.6%** | **Par** | **Value** |
| **Finance and Insurance - 8.6%** | **Finance and Insurance - 8.6%** | **Finance and Insurance - 8.6%** | **Finance and Insurance - 8.6%** |
|  Banc of America Re-Remic Trust, Series 2022-DKLX, Class C, 6.46% (1 mo. Term SOFR + 2.15%), 01/15/2039 <sup>(a)</sup> |  | 1813812 | 1798971 |
| BX Trust | BX Trust | BX Trust | BX Trust |
| &nbsp;&nbsp; Series 2021-SOAR, Class A, 5.10% (1 mo. Term SOFR + 0.78%), 06/15/2038 <sup>(a)</sup> |  | 3020362 | 3020018 |
| &nbsp;&nbsp; Series 2021-SOAR, Class B, 5.30% (1 mo. Term SOFR + 0.98%), 06/15/2038 <sup>(a)</sup> |  | 1152033 | 1152554 |
| &nbsp;&nbsp; Series 2021-VOLT, Class B, 5.38% (1 mo. Term SOFR + 1.06%), 09/15/2036 <sup>(a)</sup> |  | 1671229 | 1665121 |
| &nbsp;&nbsp; Series 2024-KING, Class A, 5.85% (1 mo. Term SOFR + 1.54%), 05/15/2034 <sup>(a)</sup> |  | 5625936 | 5633510 |
| &nbsp;&nbsp; Series 2025-LUNR, Class A, 5.81% (1 mo. Term SOFR + 1.50%), 06/15/2040 <sup>(a)</sup> |  | 7050000 | 7069854 |
|  JP Morgan Chase Commercial Mortgage Securities, Series 2021-MHC, Class A, 5.48% (1 mo. Term SOFR + 1.16%), 04/15/2038 <sup>(a)</sup> |  | 1881704 | 1882636 |
|  Merit 2020, Series 2022-MHIL, Class A, 5.13% (1 mo. Term SOFR + 0.81%), 01/15/2039 <sup>(a)</sup> |  | 1764143 | 1763618 |
| **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $23,911,182) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $23,911,182) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $23,911,182) | 23986282 |
| **ASSET-BACKED SECURITIES - 6.4%** | **ASSET-BACKED SECURITIES - 6.4%** | **Par** | **Value** |
| **Consumer Discretionary - 1.0%** | **Consumer Discretionary - 1.0%** | **Consumer Discretionary - 1.0%** | **Consumer Discretionary - 1.0%** |
|  United Airlines, Inc., Series A, 4.00%, 04/11/2026 |  | 2959470 | 2934531 |
| **Finance and Insurance - 3.6%** | **Finance and Insurance - 3.6%** | **Finance and Insurance - 3.6%** | **Finance and Insurance - 3.6%** |
|  Alterna Funding LLC, Series 2024-1A, Class A, 6.26%, 05/16/2039 <sup>(a)</sup> |  | 1701301 | 1718365 |
|  Coinstar Funding LLC, Series 2017-1A, Class A2, 5.22%, 04/25/2047 <sup>(a)</sup> |  | 2734240 | 2549706 |
|  FNA Trust, Series 2025-1, Class A, 5.62%, 03/15/2045 <sup>(a)(c)</sup> |  | 931744 | 937298 |
| RAM LLC | RAM LLC | RAM LLC | RAM LLC |
| &nbsp;&nbsp; Series 2024-1, Class A, 6.67%, 02/15/2039 <sup>(a)</sup> |  | 670844 | 672872 |
| &nbsp;&nbsp; Series 2025-1, Class A, 5.45%, 05/15/2040 <sup>(a)</sup> |  | 4120132 | 4135737 |
|  |  |  | 10013978 |
| **Transportation and Warehousing - 1.6%** | **Transportation and Warehousing - 1.6%** | **Transportation and Warehousing - 1.6%** | **Transportation and Warehousing - 1.6%** |
|  Hawaiian Holdings, Inc., Series 2013-1, 3.90%, 01/15/2026 |  | 4554762 | 4463666 |
| **Wholesale Trade - 0.2%** | **Wholesale Trade - 0.2%** | **Wholesale Trade - 0.2%** | **Wholesale Trade - 0.2%** |
|  PVOne LLC, Series 2023-1A, Class A, 7.25%, 07/16/2035 <sup>(a)</sup> |  | 471929 | 473524 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $17,782,069) | **TOTAL ASSET-BACKED SECURITIES** (Cost $17,782,069) | **TOTAL ASSET-BACKED SECURITIES** (Cost $17,782,069) | 17885699 |
| **BANK LOANS - 3.2%** | **BANK LOANS - 3.2%** | **Par** | **Value** |
| **Information - 0.7%** | **Information - 0.7%** | **Information - 0.7%** | **Information - 0.7%** |
|  Audacy Capital LLC Exit Loan, 11.44% (1 mo. Term SOFR + 7.00%), 09/30/2028 |  | 1891323 | 1881866 |
| **Professional, Scientific, and Technical Services - 0.8%** | **Professional, Scientific, and Technical Services - 0.8%** | **Professional, Scientific, and Technical Services - 0.8%** | **Professional, Scientific, and Technical Services - 0.8%** |
|  Getty Images, Inc., 7.94% (1 mo. Euribor + 6.00%), 02/12/2030 | EUR | 2000000 | 2233211 |
| **Real Estate and Rental and Leasing - 1.7%** | **Real Estate and Rental and Leasing - 1.7%** | **Real Estate and Rental and Leasing - 1.7%** | **Real Estate and Rental and Leasing - 1.7%** |
|  Chicago Atlantic Real Estate Finance Term Loan, 9.00%, 10/17/2028 |  | 4356000 | 4290660 |
|  Micromont, 8.00%, 11/15/2026 |  | 466604 | 466604 |
|  |  |  | 4757264 |
| **TOTAL BANK LOANS** (Cost $8,665,240) | **TOTAL BANK LOANS** (Cost $8,665,240) | **TOTAL BANK LOANS** (Cost $8,665,240) | 8872341 |
| **MUNICIPAL BONDS - 1.4%** | **MUNICIPAL BONDS - 1.4%** | **Par** | **Value** |
| **Missouri - 0.4%** | **Missouri - 0.4%** | **Missouri - 0.4%** | **Missouri - 0.4%** |
|  City of Kansas City, MO, 4.43%, 03/01/2028 <sup>(d)</sup> |  | 1130000 | 1130000 |
| **New York - 1.0%** | **New York - 1.0%** | **New York - 1.0%** | **New York - 1.0%** |
|  New York State Dormitory Authority, 5.95%, 05/01/2035 (Obligor: Pace University) <sup>(d)</sup> |  | 2810000 | 2810000 |
| **TOTAL MUNICIPAL BONDS** (Cost $3,940,000) | **TOTAL MUNICIPAL BONDS** (Cost $3,940,000) | **TOTAL MUNICIPAL BONDS** (Cost $3,940,000) | 3940000 |
| **FOREIGN GOVERNMENT DEBT OBLIGATIONS - 1.1%** | **FOREIGN GOVERNMENT DEBT OBLIGATIONS - 1.1%** | **Par** | **Value** |
|  Norway Treasury Bill, 0.00%, 09/17/2025 <sup>(a)(e)</sup> | NOK | 30000000 | 2951484 |
| **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $2,858,473) | **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $2,858,473) | **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $2,858,473) | 2951484 |
| **CONVERTIBLE BONDS - 0.3%** | **CONVERTIBLE BONDS - 0.3%** | **Par** | **Value** |
| **Information - 0.3%** | **Information - 0.3%** | **Information - 0.3%** | **Information - 0.3%** |
|  Leafly Holdings, Inc., 8.00%, 07/01/2025 <sup>(f)</sup> |  | 953000 | 810050 |
| **TOTAL CONVERTIBLE BONDS** (Cost $953,000) | **TOTAL CONVERTIBLE BONDS** (Cost $953,000) | **TOTAL CONVERTIBLE BONDS** (Cost $953,000) | 810050 |
| **WARRANTS - 0.0%<sup>(g)</sup>** |  | **Contracts** | **Value**  |
| **Information *-* 0.0%<sup>(g)</sup>** | **Information *-* 0.0%<sup>(g)</sup>** | **Information *-* 0.0%<sup>(g)</sup>** |  |
| Leafly Holdings, Inc., Expires 11/07/2026, Exercise Price $11.50 <sup>(h)</sup> |  | 5553 | 63 |
| **TOTAL WARRANTS** (Cost $0) | **TOTAL WARRANTS** (Cost $0) | **TOTAL WARRANTS** (Cost $0) | 63 |
| **COMMON STOCKS - 0.0%<sup>(g)</sup>** |  | **Shares** | **Value**  |
| **Manufacturing - 0.0%<sup>(g)</sup>** | **Manufacturing - 0.0%<sup>(g)</sup>** | **Manufacturing - 0.0%<sup>(g)</sup>** |  |
| Cannabist Co. Holdings, Inc. <sup>(f)(h)</sup> |  | 475193 | 0 |
| Cannabist Co. Holdings, Inc. <sup>(f)(h)</sup> |  | 475193 | 0 |
| **TOTAL COMMON STOCKS** (Cost $115,779) | **TOTAL COMMON STOCKS** (Cost $115,779) | **TOTAL COMMON STOCKS** (Cost $115,779) | 0 |
| **SHORT-TERM INVESTMENTS - 15.2%** | **SHORT-TERM INVESTMENTS - 15.2%** |  | **Value**  |
| **Commercial Paper - 13.1%** |  |  **<u>Par</u>** |  |
| **Accommodation and Food Services — 0.7%** |  |  |  |
| The Campbells Company, 4.80%, 08/13/2025 <sup>(i)</sup> |  | 1947000 | 1935900 |
| **Health Care and Social Assistance — 2.1%** |  |  |  |
| CVS Health Corp., 4.23%, 07/08/2025 <sup>(i)</sup> |  | 2800000 | 2796979 |
| HCA, Inc., 4.95%, 08/06/2025 <sup>(i)</sup> |  | 2900000 | 2885319 |
|  |  |  | 5682298 |
| **Manufacturing — 6.0%** |  |  |  |
| Bacardi Ltd., 4.02%, 07/10/2025 <sup>(i)</sup> |  | 5498000 | 5490652 |
| Fortune Brands Innovations, Inc., 4.72%, 07/09/2025 <sup>(i)</sup> |  | 3540000 | 3535937 |
| Fortune Brands Innovations, Inc., 4.76%, 07/17/2025 <sup>(i)</sup> |  | 2124000 | 2119371 |
| Hubbell, Inc., 4.62%, 07/17/2025 <sup>(i)</sup> |  | 5498000 | 5486437 |
|  |  |  | 16632397 |
| **Real Estate and Rental and Leasing — 0.7%** |  |  |  |
| Crown Castle International Corp., 5.12%, 07/22/2025 <sup>(i)</sup> |  | 2000000 | 1993885 |
| **Technology — 1.6%** |  |  |  |
| Telus Corp., 5.19%, 08/11/2025 <sup>(i)</sup> |  | 4400000 | 4376433 |
| **Wholesale Trade — 2.0%** |  |  |  |
| Genuine Parts Company, 4.69%, 07/09/2025 <sup>(i)</sup> |  | 5664000 | 5657485 |
| **Total Commercial Paper** (Cost $36,280,201) |  |  | 36278398 |
| **Money Market Funds - 2.1%** |  | **<u>Shares</u>** |  |
| First American Treasury Obligations Fund - Class X, 4.22% <sup>(j)</sup> |  | 5914699 | 5914699 |
| **Total Money Market Funds** (Cost $5,914,699) |  |  | 5914699 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $42,194,900) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $42,194,900) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $42,194,900) | 42193097 |
| **TOTAL INVESTMENTS - 99.3% (**Cost $275,998,019**)** | **TOTAL INVESTMENTS - 99.3% (**Cost $275,998,019**)** | **TOTAL INVESTMENTS - 99.3% (**Cost $275,998,019**)** | 276459672 |
| Other Assets in Excess of Liabilities - 0.7% | Other Assets in Excess of Liabilities - 0.7% | Other Assets in Excess of Liabilities - 0.7% | 2079986 |
| **TOTAL NET ASSETS - 100.0%** |  |  | $278539658 |
| two | two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |

---

---

| |
|:---|
| AB - Aktiebolag<br> ASA - Advanced Subscription Agreement |
| EURIBOR - Euro Interbank Offered Rate |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PIK - Payment in Kind |
| PLC - Public Limited Company |
| REMIC - Real Estate Mortgage Investment Conduit |
| SOFR - Secured Overnight Financing Rate |
| EUR - Euro |
| NOK - Norwegian Krone |
| SEK - Swedish Krona |
| USD – United States Dollar |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of June 30, 2025, the value of these securities total $111,713,529 or 40.1% of the Fund's net assets.

(b) Step coupon bond. The rate disclosed is as of June 30, 2025.

(c) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral
 increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of June 30, 2025.

(d) Coupon rate may be variable or floating based on components other than reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate
 disclosed is as of June 30, 2025.

(e) Zero coupon bonds make no periodic interest payments.

(f) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $810,050 or 0.3% of net assets as of June 30, 2025.

(g) Represents less than 0.05% of net assets.

(h) Non-income producing security.

(i) The rate shown is the annualized effective yield as of June 30, 2025.

(j) The rate shown represents the 7-day annualized effective yield as of June 30, 2025.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** | **CrossingBridge Ultra-Short Duration Fund** |
| **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **Counterparty** | **Settlement Date** | **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Unrealized**<br> **Appreciation**<br> (Depreciation) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | USD | 2121730 | EUR | 1900000 | $(118738) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | USD | 5941928 | NOK | 61985000 | (208320) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | USD | 9111897 | SEK | 87535000 | (149928) |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | $(476986) |
| EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro |
| NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone |
| SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona |
| USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar |

---

------

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
CrossingBridge Ultra-Short Duration Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 175820656 | – | 175820656 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 23986282 | – | 23986282 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 17885699 | – | 17885699 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 8872341 | – | 8872341 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds | – | 3940000 | – | 3940000 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Debt Obligations | – | 2951484 | – | 2951484 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Bonds | – | – | 810050 | 810050 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Warrants | – | 63 | – | 63 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | – | – | 0 | 0 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Commercial Paper | – | 36278398 | – | 36278398 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 5914699 | – | – | 5914699 |
| Total Investments | 5914699 | 269734923 | 810050 | 276459672 |
| **Liabilities:** |  |  |  |  |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards\* | – | (476986) | – | (476986) |
| Total Other Financial Instruments | – | (476986) | – | (476986) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |
| Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: |  |  |
| **<u>CrossingBridge Ultra-Short Duration Fund</u>** | **<u>Bank Loans</u>** | **<u>Special Purpose</u>**<br>  **<u>Acquisition Companies</u>** | **<u>Special Purpose</u>**<br>  **<u>Acquisition Companies</u>** | **<u>Convertible Bonds</u>** | **<u>Convertible Bonds</u>** | **<u>Common Stocks</u>** | **<u>Common Stocks</u>** |
| Beginning Balance - October 1, 2024 | 2706612 | $| 0 | $| 925650 | $| 0 |
| Purchases | - |  | - |  | - |  | - |
| Sales | (2240008) |  | - |  | (136000) |  | - |
| Realized gains | - |  | - |  | - |  | - |
| Realized losses | - |  | (7) |  | - |  | - |
| Corporate Actions | - |  | - |  | - |  | 115779 |
| Accretion of discount/(amortization of premium) | - |  | - |  | - |  | - |
| Change in unrealized appreciation/(depreciation) | - |  | 7 |  | 20400 |  | (115779) |
| Transfer in/(out) of Level 3 | (466604) |  | - |  | - |  | - |
| Ending Balance - June 30, 2025 | - | $| - | $| 810050 | $| 0 |
| The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: |  |  |
|  | **<u>Convertible Bonds</u>** | **<u>Common Stocks</u>** | **<u>Common Stocks</u>** |  |  |  |  |
|  | 20400 | $| (115779) |  |  |  |  |
| To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below |
| provides a summary of the approach taken: |  |  |  |  |  |  |  |
| **<u>Type of Security</u>** |  **<u>Examples of Input</u>** |  |  |  |  |  |  |
| Bank Loans, Corporate Bonds, Convertible Bonds, and Warrants | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: |
| Bank Loans, Corporate Bonds, Convertible Bonds, and Warrants | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis |
| Special Purpose Acquisition Companies (SPACs); SPAC founders shares | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. |  |  |
| Special Purpose Acquisition Companies (SPACs); SPAC founders shares |  |  |  |  |  |  |  |
| Common Stock (Legended shares) | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. |
| The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and |  |  |
| categorized within Level 3 as of June 30, 2025: |  |  |  |  |  |  |  |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **CrossingBridge Ultra-Short Duration Fund** |  |  |  |  |  |  |
| **Descriptions** | **Fair Value June 30, 2025** | **Valuation Techniques** | **Unobservable Input** | **Range** | **Weighted Average**<br> **Unobservable Input** | **Impact to Valuation from**<br> **an Increase in Input** |
| Convertible Bonds | $810050 | Market Approach | Yield to maturity | 61.80% | 61.80% | Decrease |
| Common Stocks | $0 | Market Approach | Transaction price | N/A | N/A | Increase |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 513-520-5925

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

- **a. Name of Series:** CrossingBridge Ultra-Short Duration Fund

- **b. EDGAR series identifier (if any):** S000071657

- **c. LEI of Series:** 549300R61LS78Q2C7O40

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $279548457.15

**Total Liabilities:** $738297.29

**Net Assets:** $278810159.86

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2624.149650000000 | **1-Year:** 3839.435203000000 | **5-Year:** 593.458916000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 3590.526293000000 | **1-Year:** 3083.737255000000 | **5-Year:** 3564.149589000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227080 | 0.34%                | 0.56%                | 0.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $96645.53                | $20365.17                                  |
| Month 2  | $100708.14               | $489302.95                                 |
| Month 3  | $38690.40                | $749183.98                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BX Trust                                       | BX Trust 2025-LUNR                                            | CUSIP: 05594CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7050000 | PA      | $7069854.21   | 2.54%             | 2040-06-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2021-SOAR                        | CUSIP: 05608WAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1152033 | PA      | $1152553.97   | 0.41%             | 2038-06-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                    | Oracle Corp                                                   | CUSIP: 68389XCX1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004764.10   | 0.36%             | 2028-08-03      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| RAM LLC                                        | RAM 2024-1 LLC                                                | CUSIP: 751313AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670844 | PA      | $672871.78    | 0.24%             | 2039-02-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| READYCAP HOLDINGS LLC                          | ReadyCap Holdings LLC                                         | CUSIP: 755763AE9<br>LEI: 549300W908MAGNC9E420 | Long             | DBT              | CORP              | US        |   2462000 | PA      | $2453357.17   | 0.88%             | 2028-03-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Getty Images 2/25 (EUR)                        | Getty Images 2/25 (EUR)                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2000000 | PA      | $2233211.22   | 0.80%             | 2030-02-14      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| GENUINE PTS CO DISC COML PAPER                 | GENUINE PTS CO DISC COML PAPER                                | CUSIP: 37255FU99<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   5664000 | PA      | $5657484.70   | 2.03%             | 2025-07-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HUBBELL INC                                    | HUBBELL INC                                                   | CUSIP: 44352AUH0<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   5498000 | PA      | $5486437.16   | 1.97%             | 2025-07-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO SPL OBLG                        | City of Kansas City MO                                        | CUSIP: 485106CW6<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1130000.00   | 0.41%             | 2028-03-01      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                      | ONEOK Inc                                                     | CUSIP: 682680BA0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1749000 | PA      | $1738567.32   | 0.62%             | 2025-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PVH CORP                                       | PVH Corp                                                      | CUSIP: 693656AC4<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | DBT              | CORP              | US        |   4816000 | PA      | $4815449.43   | 1.73%             | 2025-07-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                       | Stanley Black & Decker Inc                                    | CUSIP: 854502AS0<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1916000 | PA      | $1916101.20   | 0.69%             | 2026-03-06      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-1 A PTT                        | United Airlines 2014-1 Class A Pass Through Trust             | CUSIP: 90932PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2959470 | PA      | $2934530.94   | 1.05%             | 2026-04-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Audacy Capital LLC Exit Loan                   | Audacy Capital LLC Exit Loan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1891323 | PA      | $1881866.23   | 0.67%             | 2028-09-30      | Floating      | 11.80%                | No            |                  2 | On Loan: No      |
| GOLAR LNG LTD                                  | Golar LNG Ltd                                                 | CUSIP: BR7245524<br>LEI: 213800C2VSFZG3EZLO34 | Long             | DBT              | CORP              | BM        |   5892000 | PA      | $5915936.25   | 2.12%             | 2025-10-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ELKEM ASA                                      | Elkem ASA                                                     | CUSIP: ZI5662229<br>LEI: 549300CVBE06T0SH6T76 | Long             | DBT              | CORP              | NO        |  25000000 | PA      | $2498350.84   | 0.90%             | 2028-08-31      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| N/A                                            | NOK/USD FWD 20250715                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-208319.98   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| STOCKWIK FORVALTNING                           | Stockwik Forvaltning AB                                       | CUSIP: YN3342642<br>LEI: 213800X1259MBEKD5H24 | Long             | DBT              | CORP              | SE        |  62500000 | PA      | $6647425.19   | 2.38%             | 2029-06-26      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| N/A                                            | SEK/USD FWD 20250715                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-149927.56   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                | CVS Health Corp                                               | CUSIP: 126650CL2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1530000 | PA      | $1528953.72   | 0.55%             | 2025-07-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                               | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   4236000 | PA      | $4320942.14   | 1.55%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                               | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   3933000 | PA      | $3976991.39   | 1.43%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN AIRLINES 13-1A                        | Hawaiian Airlines 2013-1 Class A Pass Through Certificates    | CUSIP: 419838AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4554762 | PA      | $4463666.39   | 1.60%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                       | International Flavors & Fragrances Inc                        | CUSIP: 459506AN1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   1627000 | PA      | $1611306.71   | 0.58%             | 2025-10-01      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                             | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   1745000 | PA      | $1745154.61   | 0.63%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                            | LYB International Finance III LLC                             | CUSIP: 50249AAF0<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    709000 | PA      | $702829.94    | 0.25%             | 2025-10-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECS CLEARING                         | National Securities Clearing Corp                             | CUSIP: 637639AN5<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3020101.05   | 1.08%             | 2027-05-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BACARDI MARTINI B V DISC COML                  | BACARDI MARTINI B V DISC COML                                 | CUSIP: 05634EUA8<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   5498000 | PA      | $5490651.92   | 1.97%             | 2025-07-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIONS INC                 | FORTUNE BRANDS INNOVATIONS INC                                | CUSIP: 34965GUH7<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2124000 | PA      | $2119370.74   | 0.76%             | 2025-07-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                       | Penske Truck Leasing Co Lp / PTL Finance Corp                 | CUSIP: 709599BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2195000 | PA      | $2194525.62   | 0.79%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2024-KING                        | CUSIP: 05612RAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5625936 | PA      | $5633510.38   | 2.02%             | 2034-05-15      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obliga                 | First American Treasury Obligations Fund                      | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   5914699 | NS      | $5914698.75   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HP ENTERPRISE CO                               | Hewlett Packard Enterprise Co                                 | CUSIP: 42824CAW9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   6495000 | PA      | $6495271.23   | 2.33%             | 2025-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp         | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7847000 | PA      | $7797853.45   | 2.80%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INFOR INC                                      | Infor LLC                                                     | CUSIP: 45674CAA1<br>LEI: 549300Q3IIYBYI4RHD64 | Long             | DBT              | CORP              | US        |   6662000 | PA      | $6652860.74   | 2.39%             | 2025-07-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                      | Jabil Inc                                                     | CUSIP: 466313AL7<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5078147.52   | 1.82%             | 2026-04-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Merit                                          | MHP 2022-MHIL                                                 | CUSIP: 55293DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1764143 | PA      | $1763618.29   | 0.63%             | 2039-01-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                      | Amgen Inc                                                     | CUSIP: 031162DN7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   7025000 | PA      | $7026063.73   | 2.52%             | 2026-03-02      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                               | Berry Global Inc                                              | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   7364000 | PA      | $7233124.71   | 2.59%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                          | THE CAMPBELLS COMPANY                                         | CUSIP: 13443CVD0<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1947000 | PA      | $1935900.54   | 0.69%             | 2025-08-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIONS INC                 | FORTUNE BRANDS INNOVATIONS INC                                | CUSIP: 34965GU95<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   3540000 | PA      | $3535936.79   | 1.27%             | 2025-07-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                         | GE HealthCare Technologies Inc                                | CUSIP: 36267VAD5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   3271000 | PA      | $3278098.27   | 1.18%             | 2025-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                           | GrubHub Holdings Inc                                          | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3343000 | PA      | $3247583.76   | 1.16%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                        | HCA Inc                                                       | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2804075.48   | 1.01%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEAFLY HOLDINGS INC                            | Leafly Holdings Inc                                           | CUSIP: 52178J113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5553 | NS      | $62.75        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                       | Microchip Technology Inc                                      | CUSIP: 595017BA1<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4175332.07   | 1.50%             | 2025-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PVOne LLC                                      | PVOne 2023-1 LLC                                              | CUSIP: 693696AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    471929 | PA      | $473523.65    | 0.17%             | 2035-07-16      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                       | Penske Truck Leasing Co Lp / PTL Finance Corp                 | CUSIP: 709599BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1865000 | PA      | $1840743.57   | 0.66%             | 2025-11-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| SIZZLING PLATT/FIN CO                          | Sizzling Platter LLC / Sizzling Platter Finance Corp          | CUSIP: 830146AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6948000 | PA      | $6951379.44   | 2.49%             | 2025-11-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                     | Sprint LLC                                                    | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   6951000 | PA      | $7018112.25   | 2.52%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                               | T-Mobile USA Inc                                              | CUSIP: 87264AAT2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   2778000 | PA      | $2782903.17   | 1.00%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                  | BGC Group Inc                                                 | CUSIP: 088929AB0<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |   4218000 | PA      | $4205701.62   | 1.51%             | 2025-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                     | VMware LLC                                                    | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   4692000 | PA      | $4539058.96   | 1.63%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| N/A                                            | EUR/USD FWD 20250715                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-118737.82   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Alterna Funding LLC                            | Alterna Funding III LLC                                       | CUSIP: 02157JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1701301 | PA      | $1718365.44   | 0.62%             | 2039-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                 | AutoNation Inc                                                | CUSIP: 05329WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2854000 | PA      | $2852826.58   | 1.02%             | 2025-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch                  | BAMLL Commercial Mortgage Securities Trust 2022-DKLX          | CUSIP: 05530SAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1813812 | PA      | $1798970.98   | 0.65%             | 2039-01-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                | CVS HEALTH CORP                                               | CUSIP: 12665JU80<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2800000 | PA      | $2796979.36   | 1.00%             | 2025-07-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC COM                     | CANNABIST CO HLDGS INC COM                                    | CUSIP: 13765Y400<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    475193 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Coinstar Funding, LLC                          | Coinstar Funding LLC Series 2017-1                            | CUSIP: 19260MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2734240 | PA      | $2549706.14   | 0.91%             | 2047-04-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                               | Crown Castle Inc                                              | CUSIP: 22822VAS0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   4434000 | PA      | $4428469.21   | 1.59%             | 2025-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2021-SOAR                        | CUSIP: 05608WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3020362 | PA      | $3020017.73   | 1.08%             | 2038-06-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2021-VOLT                        | CUSIP: 05609VAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1671229 | PA      | $1665120.85   | 0.60%             | 2036-09-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTL CORP                         | CROWN CASTLE INTL CORP                                        | CUSIP: 22823PUN1<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1993885.60   | 0.72%             | 2025-07-22      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FNA Trust                                      | FNA 8 LLC                                                     | CUSIP: 30340WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    931744 | PA      | $937298.16    | 0.34%             | 2045-03-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                      | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1348000 | PA      | $1346618.00   | 0.48%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                         | General Motors Financial Co Inc                               | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5541000 | PA      | $5559420.61   | 1.99%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES                 | New York State Dormitory Authority                            | CUSIP: 649907JJ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2810000 | PA      | $2810000.00   | 1.01%             | 2035-05-01      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc      | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2352000 | PA      | $2366495.73   | 0.85%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RAM LLC                                        | RAM 2025-1 LLC                                                | CUSIP: 748950AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4120132 | PA      | $4135736.62   | 1.48%             | 2040-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                            | Silgan Holdings Inc                                           | CUSIP: 827048AX7<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |   1859000 | PA      | $1809085.42   | 0.65%             | 2026-04-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| TELUS CORPORATION                              | TELUS CORPORATION                                             | CUSIP: 87974PVB6<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   4400000 | PA      | $4376432.72   | 1.57%             | 2025-08-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                          | Uber Technologies Inc                                         | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   5610000 | PA      | $5663728.82   | 2.03%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                           | Western Digital Corp                                          | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1138245.88   | 0.41%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVEDO HOLDINGS AB                             | Novedo Holding AB                                             | CUSIP: YV5581777<br>LEI: 984500F0A56FIF3C6091 | Long             | DBT              | CORP              | SE        |  31250000 | PA      | $3286553.08   | 1.18%             | 2027-09-23      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| Chicago Atlantic Real Estate Finance Term Loan | Chicago Atlantic Real Estate Finance Term Loan                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4356000 | PA      | $4290660.00   | 1.54%             | 2028-10-17      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Micromont                                      | Micromont                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    466604 | PA      | $466604.23    | 0.17%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC COM                     | CANNABIST CO HLDGS INC COM                                    | CUSIP: 13765Y509<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    475193 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CANNABIST CO HLDGS INC                         | Cannabist Co Holdings Inc/The                                 | CUSIP: 13766HAA7<br>LEI: 9845007B45659F4F4F75 | Long             | DBT              | CORP              | CA        |   2016000 | PA      | $1189440.00   | 0.43%             | 2028-12-31      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CALLIGO UK LTD                                 | Calligo UK Ltd                                                | CUSIP: BT0607353<br>LEI: 549300ZTMDJ5UKV05P96 | Long             | DBT              | CORP              | GB        |    443831 | PA      | $120246.82    | 0.04%             | 2028-12-29      | Fixed         | 8.98%                 | No            |                  2 | On Loan: No      |
| NORWEGIAN T-BILL                               | Norway Treasury Bill                                          | CUSIP: YV7739183<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |  30000000 | PA      | $2951483.72   | 1.06%             | 2025-09-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SALMAR ASA                                     | Salmar ASA                                                    | CUSIP: YS8270128<br>LEI: 5967007LIEEXZXGDBK67 | Long             | DBT              | CORP              | NO        |  40000000 | PA      | $3972606.31   | 1.42%             | 2030-01-30      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                               | Getty Images Inc                                              | CUSIP: 374276AJ2<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |   4895000 | PA      | $4801063.48   | 1.72%             | 2027-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                        | HCA INC                                                       | CUSIP: 40412BV67<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2900000 | PA      | $2885318.75   | 1.03%             | 2025-08-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                 | JP Morgan Chase Commercial Mortgage Securities Trust 2021-MHC | CUSIP: 466330AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1881704 | PA      | $1882635.77   | 0.68%             | 2038-04-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| LEAFLY HOLDINGS INC                            | Leafly Holdings Inc                                           | CUSIP: 58953MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    953000 | PA      | $810050.00    | 0.29%             | 2025-07-01      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |
| SONOCO PRODUCTS CO                             | Sonoco Products Co                                            | CUSIP: 835495AQ5<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999210.28    | 0.36%             | 2026-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC                                  | Tidewater Inc                                                 | CUSIP: 88642RAD1<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3391995.42   | 1.22%             | 2028-07-03      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                          | WASH Multifamily Acquisition Inc                              | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |   5694000 | PA      | $5677583.63   | 2.04%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

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

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer