# EDGAR Filing Document

**Accession Number:** 0001650149
**File Stem:** 0000894189-26-012316
**Filing Date:** 2026-4
**Character Count:** 49643
**Document Hash:** 2fa715d887f8884bf2a0acf96c71508f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-012316.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0000894189-26-012316

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Series Portfolios Trust
- **CENTRAL INDEX KEY:** 0001650149

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23084
- **FILM NUMBER:** 26877313

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-6620

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Infrastructure Capital Bond Income ETF (Series ID: S000089069)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000255546 | Infrastructure Capital Bond Income ETF | BNDS            |

## Nport-Ex

---

| |
|:---|
| **Infrastructure Capital Bond Income ETF** |
| **Schedule of Investments** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **CORPORATE BONDS - 71.8%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Par** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Par** | **Value** | **Value** |
| **Agricultural Operations - 3.0%** | | | | |
| Land O' Lakes, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, Perpetual Maturity (Callable 04/01/2026) | $| 653000 | $| 655041 |
| &nbsp;&nbsp;&nbsp; 7.25%, Perpetual Maturity (Callable 04/04/2027) <sup>(b)</sup> |  | 756000 |  | 703080 |
| &nbsp;&nbsp;&nbsp; 7.00%, Perpetual Maturity (Callable 09/18/2028) |  | 45000 |  | 40275 |
|  |  |  |  | 1398396 |
| **All Other Business Support Services - 6.7%** |  |  |  |  |
| Crescent Energy Finance LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 9.75%, 10/15/2030 (Callable 10/15/2026) <sup>(a)(b)</sup> |  | 513000 |  | 552411 |
| &nbsp;&nbsp;&nbsp; 7.38%, 01/15/2033 (Callable 07/15/2027) <sup>(a)(b)</sup> |  | 1636000 |  | 1626396 |
| Noble Finance II LLC, 8.00%, 04/15/2030 (Callable 04/15/2026) <sup>(a)(b)</sup> |  | 938000 |  | 976813 |
|  |  |  |  | 3155620 |
| **Automobiles - 2.8%** |  |  |  |  |
| Ford Motor Co., 7.70%, 05/15/2097 (Callable Anytime) <sup>(b)</sup> |  | 319000 |  | 338252 |
| General Motors Financial Co., Inc., 5.75% to 09/30/2027 then 3 mo. SOFR + 3.60%, Perpetual Maturity (Callable 09/30/2027) <sup>(b)(c)</sup> |  | 981000 |  | 980128 |
|  |  |  |  | 1318380 |
| **Banks - 3.6%** |  |  |  |  |
| BW Real Estate, Inc., 9.50% to 03/30/2030 then 5 yr. CMT Rate + 5.40%, Perpetual Maturity (Callable 03/30/2030) <sup>(a)(b)(c)</sup> |  | 1607000 |  | 1690106 |
| **Broadline Retail - 2.7%** |  |  |  |  |
| Kohl's Corp., 6.00%, 01/15/2033 <sup>(b)</sup> |  | 1560000 |  | 1290778 |
| **Chemicals - 4.1%** |  |  |  |  |
| Chemours Co., 8.00%, 01/15/2033 (Callable 01/15/2028) <sup>(a)(b)</sup> |  | 1915000 |  | 1949118 |
| **Electric Utilities - 2.0%** |  |  |  |  |
| NRG Energy, Inc., 10.25% to 03/15/2028 then 5 yr. CMT Rate + 5.92%, Perpetual Maturity (Callable 03/15/2028) <sup>(a)(b)(c)</sup> |  | 844000 |  | 929680 |
| **Independent Power and Renewable Electricity Producers - 2.0%** |  |  |  |  |
| AES Corp., 6.95% to 07/15/2030 then 5 yr. CMT Rate + 2.89%, 07/15/2055 (Callable 04/15/2030) <sup>(b)(c)</sup> |  | 958000 |  | 926409 |
| **Insurance - 2.0%** |  |  |  |  |
| Lincoln National Corp., 6.27% (3 mo. Term SOFR + 2.62%), 05/17/2066 (Callable 03/17/2026) |  | 1144000 |  | 926773 |
| **Lessors of Residential Buildings and Dwellings - 2.9%** |  |  |  |  |
| Hudson Pacific Properties LP, 5.95%, 02/15/2028 (Callable 01/15/2028) |  | 1403000 |  | 1350628 |
| **Media - 1.7%** |  |  |  |  |
| Paramount Global, 6.25% to 02/28/2027 then 3 mo. SOFR + 3.90%, 02/28/2057 (Callable 02/28/2027) <sup>(b)(c)</sup> |  | 1005000 |  | 786714 |
| **Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers - 1.1%** | **Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers - 1.1%** | **Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers - 1.1%** | **Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers - 1.1%** | **Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers - 1.1%** |
| Discovery Global Holdings, Inc., 5.39%, 03/15/2062 (Callable 09/15/2061) <sup>(b)</sup> |  | 860000 |  | 498800 |
| **Miscellaneous Financial Investment Activities - 2.0%** |  |  |  |  |
| PPL Capital Funding, Inc., 6.61% (3 mo. Term SOFR + 2.93%), 03/30/2067 (Callable 04/01/2026) <sup>(b)</sup> |  | 950000 |  | 944645 |
| **Mortgage REITs - 2.9%** |  |  |  |  |
| Rithm Capital Corp., 8.00%, 04/01/2029 (Callable 04/01/2026) <sup>(a)(b)</sup> |  | 1371000 |  | 1384156 |
| **Multi-Utilities - 0.0% <sup>(d)</sup>** |  |  |  |  |
| Algonquin Power & Utilities Corp., 4.75% to 04/18/2027 then 5 yr. CMT Rate + 3.25%, 01/18/2082 (Callable 01/18/2027) <sup>(c)</sup> |  | 23000 |  | 22825 |
| **Offices of Other Holding Companies - 3.0%** |  |  |  |  |
| Freedom Mortgage Corp., 12.25%, 10/01/2030 (Callable 10/01/2026) <sup>(a)(b)</sup> |  | 1281000 |  | 1395384 |
| **Oil, Gas & Consumable Fuels - 11.0%** |  |  |  |  |
| Civitas Resources, Inc., 8.75%, 07/01/2031 (Callable 07/01/2026) <sup>(a)(b)</sup> 1,412,000 1,483,231 |  | 1412000 |  | 1483231 |
| Kosmos Energy Ltd., 7.50%, 03/01/2028 (Callable 04/01/2026) <sup>(a)</sup> |  | 51000 |  | 44453 |
| Plains All American Pipeline LP, 8.02% (3 mo. Term SOFR + 4.37%), Perpetual Maturity (Callable 04/01/2026) |  | 1897000 |  | 1898871 |
| Sunoco LP, 7.88% to 09/18/2030 then 5 yr. CMT Rate + 4.23%, Perpetual Maturity (Callable 09/18/2030) <sup>(a)(c)</sup> |  | 1696000 |  | 1754419 |
|  |  |  |  | 5180974 |
| **Petroleum Bulk Stations and Terminals - 4.2%** |  |  |  |  |
| Genesis Energy LP / Genesis Energy Finance Corp., 7.88%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> |  | 1880000 |  | 1969798 |
| **Petroleum Refineries - 0.0% <sup>(d)</sup>** |  |  |  |  |
| PBF Holding Co. LLC / PBF Finance Corp., 7.88%, 09/15/2030 (Callable 09/15/2026) <sup>(a)</sup> |  | 21000 |  | 21103 |
| **Pharmaceutical Preparation Manufacturing - 1.9%** |  |  |  |  |
| Organon & Co. / Organon Foreign Debt Co.-Issuer BV |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 04/30/2031 (Callable 04/30/2026) <sup>(a)</sup> |  | 382000 |  | 339637 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/15/2034 (Callable 05/15/2029) <sup>(a)</sup> |  | 613000 |  | 571936 |
|  |  |  |  | 911573 |
| **Pipeline Transportation of Crude Oil - 2.6%** |  |  |  |  |
| Delek Logistics Partners LP / Delek Logistics Finance Corp., 8.63%, 03/15/2029 (Callable 03/15/2026) <sup>(a)(b)</sup> |  | 1176000 |  | 1228497 |
| **Support Activities for Oil and Gas Operations - 2.1%** |  |  |  |  |
| Talos Production, Inc., 9.38%, 02/01/2031 (Callable 02/01/2027) <sup>(a)(b)</sup> |  | 941000 |  | 1001909 |
| **Telecommunications Resellers - 2.2%** |  |  |  |  |
| Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC, 6.50%, 02/15/2029 (Callable 03/12/2026) <sup>(a)(b)</sup> |  | 1041000 |  | 1015469 |
| **Trust, Fiduciary, and Custody Activities - 3.2%** |  |  |  |  |
| ILFC E-Capital Trust II, 6.60% (N/A), 12/21/2065 (Callable 04/01/2026) <sup>(a)(b)</sup> |  | 1707000 |  | 1509781 |
| **Wireless Telecommunication Services - 2.1%** |  |  |  |  |
| Vodafone Group PLC, 5.13% to 06/04/2051 then 5 yr. CMT Rate + 3.07%, 06/04/2081 (Callable 12/04/2050) <sup>(b)(c)</sup> |  | 1246000 |  | 1008437 |
| **TOTAL CORPORATE BONDS** (Cost $33,496,337) |  |  |  | 33815953 |
| **PREFERRED STOCKS – 13.7%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | **Value** | **Value** |
| **Banks - 1.2%** |  |  |  |  |
| Banc of California, Inc., Series F, 7.75% to 09/01/2027 then 5 yr. CMT Rate + 4.82%, Perpetual Maturity (Callable 09/01/2027) <sup>(c)</sup> |  | 11564 |  | 292569 |
| Valley National Bancorp, Series B, 7.53% (3 mo. Term SOFR + 3.84%), Perpetual Maturity (Callable 06/30/2026) |  | 10323 |  | 260088 |
|  |  |  |  | 552657 |
| **Diversified REITs - 1.2%** |  |  |  |  |
| Global Net Lease, Inc., Series D, 7.50%, Perpetual Maturity (Callable 04/01/2026) |  | 22644 |  | 552740 |
| **Financial Services - 2.4%** |  |  |  |  |
| Compass Diversified Holdings, Series C, 7.88%, Perpetual Maturity (Callable 04/01/2026) |  | 8693 |  | 177511 |
| Merchants Bancorp/IN, 7.63%, Perpetual Maturity (Callable 01/01/2030) |  | 38701 |  | 952045 |
|  |  |  |  | 1129556 |
| **Hotel & Resort REITs - 0.7%** |  |  |  |  |
| Pebblebrook Hotel Trust, Series H, 5.70%, Perpetual Maturity (Callable 07/27/2026) |  | 17569 |  | 310971 |
| **Insurance – 2.8%** |  |  |  |  |
| Brighthouse Financial, Inc. |  |  |  |  |
| Series A, 6.60%, Perpetual Maturity (Callable 04/01/2026) |  | 15000 |  | 251850 |
| Series B, 6.75%, Perpetual Maturity (Callable 04/01/2026) |  | 46003 |  | 785271 |
| Series C, 5.38%, Perpetual Maturity (Callable 04/01/2026) |  | 20000 |  | 274600 |
|  |  |  |  | 1311721 |
| **Mortgage REITs – 2.7%** |  |  |  |  |
| Franklin BSP Realty Trust, Inc., Series E, 7.50%, Perpetual Maturity (Callable 04/01/2026) |  | 24553 |  | 519541 |
| PennyMac Mortgage Investment Trust, Series C, 6.75%, Perpetual Maturity (Callable 08/24/2026) |  | 14734 |  | 279357 |
| Rithm Capital Corp., Series C, 8.90% (3 mo. Term SOFR + 5.23%), Perpetual Maturity (Callable 04/01/2026) |  | 9618 |  | 234006 |
| Two Harbors Investment Corp., Series A, 8.13% to 04/27/2027 then 3 mo. SOFR + 5.66%, Perpetual Maturity (Callable 04/27/2027) <sup>(c)</sup> |  | 10596 |  | 260662 |
|  |  |  |  | 1293566 |
| **Office REITs - 0.2%** |  |  |  |  |
| Vornado Realty Trust, Series L, 5.40%, Perpetual Maturity (Callable 04/01/2026) |  | 5542 |  | 98260 |
| **Oil, Gas & Consumable Fuels – 0.9%** |  |  |  |  |
| Energy Transfer LP, Series I, 9.25%, Perpetual Maturity |  | 37550 |  | 454730 |
| **Software - 1.1%** |  |  |  |  |
| Strategy, Inc., Series A, 10.00%, Perpetual Maturity |  | 6750 |  | 523260 |
| **Wireless Telecommunication Services - 0.5%** |  |  |  |  |
| Telephone and Data Systems, Inc., Series VV, 6.00%, Perpetual Maturity (Callable 09/30/2026) |  | 11975 |  | 240099 |
| **TOTAL PREFERRED STOCKS** (Cost $6,303,742) |  |  |  | 6467560 |
| **BABY BONDS<sup>(e)</sup> – 12.6%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | **Value** | **Value** |
| **Banks - 1.4%** |  |  |  |  |
| Flagstar Financial Trust V, 6.00%, 11/01/2051 <sup>(b)</sup> |  | 16698 |  | 672595 |
| **Capital Markets - 0.6%** |  |  |  |  |
| New Mountain Finance Corp., 8.25%, 11/15/2028 (Callable 04/01/2026) |  | 10701 |  | 270200 |
| Trinity Capital, Inc., 7.88%, 09/30/2029 (Callable 09/30/2026) |  | 229 |  | 5847 |
|  |  |  |  | 276047 |
| **Commercial Services & Supplies - 0.1%** |  |  |  |  |
| Pitney Bowes, Inc., 6.70%, 03/07/2043 (Callable 03/31/2026) |  | 1830 |  | 36033 |
| **Consumer Finance - 1.5%** |  |  |  |  |
| Navient Corp., 6.00%, 12/15/2043 (Callable 04/01/2026) |  | 36818 |  | 713165 |
| **Diversified Telecommunication Services - 1.4%** |  |  |  |  |
| Qwest Corp., 6.75%, 06/15/2057 (Callable 03/17/2026) |  | 32926 |  | 653910 |
| **Health Care REITs - 1.9%** |  |  |  |  |
| Diversified Healthcare Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/01/2042 (Callable 04/01/2026) |  | 26769 |  | 448648 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/01/2046 (Callable 04/01/2026) |  | 24699 |  | 447546 |
|  |  |  |  | 896194 |
| **Insurance – 0.4%** |  |  |  |  |
| Brighthouse Financial, Inc., 6.25%, 09/15/2058 (Callable 04/01/2026) |  | 10231 |  | 180577 |
| **Mortgage REITs – 5.3%** |  |  |  |  |
| Adamas Trust, Inc., 9.13%, 07/01/2029 (Callable 07/01/2026) |  | 20100 |  | 508932 |
| AGNC Investment Corp., Series H, 8.75%, Perpetual Maturity (Callable 10/15/2030) |  | 14395 |  | 370671 |
| Angel Oak Mortgage REIT, Inc., 9.50%, 07/30/2029 (Callable 07/30/2026) |  | 10631 |  | 270878 |
| Chimera Investment Corp., 9.00%, 05/15/2029 (Callable 05/15/2026) |  | 11014 |  | 277002 |
| MFA Financial, Inc., 8.88%, 02/15/2029 (Callable 04/01/2026) |  | 21069 |  | 530939 |
| Redwood Trust, Inc., 9.00%, 09/01/2029 (Callable 09/01/2026) |  | 10637 |  | 266883 |
| TPG Mortgage Investment Trust, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/15/2029 (Callable 04/01/2026) |  | 5298 |  | 133828 |
| &nbsp;&nbsp;&nbsp; 9.50%, 05/15/2029 (Callable 05/15/2026) |  | 5067 |  | 128651 |
|  |  |  |  | 2487784 |
| **TOTAL BABY BONDS** (Cost $5,759,038) |  |  |  | 5916305 |
| **EXCHANGE TRADED FUNDS - 1.5%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | **Value** | **Value** |
| iShares iBoxx USD High Yield Corporate Bond ETF |  | 4359 |  | 351858 |
| State Street SPDR Bloomberg High Yield Bond ETF |  | 3560 |  | 346210 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $700,350) |  |  |  | 698068 |
| **SHORT-TERM INVESTMENTS - 0.3%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Shares** | **Value** | **Value** |
| **Money Market Funds – 0.3%** |  |  |  |  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(f)</sup> |  | 73338 |  | 73338 |
| First American Treasury Obligations Fund - Class X, 3.60% <sup>(f)</sup> |  | 73338 |  | 73338 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $146,676) |  |  |  | 146676 |
| **TOTAL INVESTMENTS - 99.9% (**Cost $46,406,143**)** |  |  |  | 47044562 |
| Other Assets in Excess of Liabilities - 0.1% |  |  |  | 61328 |

---

---

| | |
|:---|:---|
| **TOTAL NET ASSETS - 100.0%** | $47105890 |

---

---

| |
|:---|
| Percentages are stated as a percent of net assets.<br>|
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use.<br>|
| CMT - Constant Maturity Treasury |
| ETF – Exchange Traded Fund |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate |

---

(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 February 28, 2026, the value of these securities total $19,474,499 or 41.3% of the Fund's net assets.

(b) All or a portion of this security has been committed as collateral for a borrowing facility. The total value of assets committed as collateral as of February 28, 2026 was $6,774,472.

(c) This security has a fixed-to-variable rate feature.

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

(e) Baby bonds are preferred stocks which have been deemed to be fixed income securities based upon certain intrinsic characteristics.

(f) The rate shown represents the 7-day annualized yield as of February 28, 2026.

------

#### Summary of Fair Value Disclosure as of February 28, 2026 (Unaudited)
Infrastructure Capital Bond Income ETF (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 February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $33815953 | $– | $33815953 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 6467560 | – | – | 6467560 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Baby Bonds | 5916305 | – | – | 5916305 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 698068 | – | – | 698068 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 146676 | – | – | 146676 |
| Total Investments | $13228609 | $33815953 | $– | $47044562 |
| As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Series Portfolios Trust

- **b. Investment Company Act file number:** 811-23084

- **c. CIK number of Registrant:** 0001650149

- **d. LEI of Registrant:** 5493008VNHP5UNYJ3713

- **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:** 414-765-6047

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

- **a. Name of Series:** Infrastructure Capital Bond Income ETF

- **b. EDGAR series identifier (if any):** S000089069

- **c. LEI of Series:** 529900K4UHH262OHK853

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $48046608.50

**Total Liabilities:** $940656.69

**Net Assets:** $47105951.81

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2011.738563000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 431.136700000000

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

- **3-Month:** 965.096928000000 | **1-Year:** 3200.185745000000 | **5-Year:** 2243.671796000000 | **10-Year:** 586.910767000000 | **30-Year:** 1422.514048000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255546 | 0.42%                | 2.36%                | 0.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $30455.40                | $-99573.63                                 |
| Month 2  | $185629.13               | $417445.90                                 |
| Month 3  | $-792.00                 | $-80953.13                                 |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** NUPJ1MWEUJ

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AGNC INVESTMENT CORP           | AGNC Investment Corp                                            | CUSIP: 00123Q831<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | DBT              | CORP              | US        |     14395 | NS      | $370671.25    | 0.79%             | 2030-10-15      | Fixed         | 8.75%                 | No            |                  1 | On Loan: No      |
| ALGONQUIN PWR & UTILITY        | Algonquin Power & Utilities Corp                                | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |     23000 | PA      | $22824.62     | 0.05%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE REIT        | Angel Oak Mortgage REIT Inc                                     | CUSIP: 03464Y207<br>LEI: 5493008M8D7W7VZZ7V36 | Long             | DBT              | CORP              | US        |     10631 | NS      | $270877.88    | 0.58%             | 2029-07-30      | Fixed         | 9.50%                 | No            |                  1 | On Loan: No      |
| BANC OF CALIFORNIA INC         | Banc of California Inc                                          | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               | CORP              | US        |     11564 | NS      | $292569.20    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BW REAL ESTATE INC             | BW Real Estate Inc                                              | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1607000 | PA      | $1690106.01   | 3.59%             | 2030-03-30      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                                       | CUSIP: 10922N202<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |     10231 | NS      | $180577.15    | 0.38%             | 2026-11-03      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                                       | CUSIP: 10922N301<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |     15000 | NS      | $251850.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                                       | CUSIP: 10922N509<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |     46003 | NS      | $785271.21    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                                       | CUSIP: 10922N707<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |     20000 | NS      | $274600.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEMOURS CO                    | Chemours Co/The                                                 | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1949117.64   | 4.14%             | 2033-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp                                         | CUSIP: 16934Q885<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | DBT              | CORP              | US        |     11014 | NS      | $277002.10    | 0.59%             | 2029-05-15      | Fixed         | 9.00%                 | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings                                    | CUSIP: 20451Q401<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |      8693 | NS      | $177511.06    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DELEK LOG PART/FINANCE         | Delek Logistics Partners LP / Delek Logistics Finance Corp      | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1176000 | PA      | $1228496.64   | 2.61%             | 2029-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust                                    | CUSIP: 25525P206<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26769 | NS      | $448648.44    | 0.95%             | 2042-08-01      | Fixed         | 5.62%                 | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY FINANCE        | Crescent Energy Finance LLC                                     | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   1636000 | PA      | $1626396.19   | 3.45%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE        | Crescent Energy Finance LLC                                     | CUSIP: 45344LAJ2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    513000 | PA      | $552411.23    | 1.17%             | 2030-10-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC         | Discovery Global Holdings Inc                                   | CUSIP: 55903VBF9<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    860000 | PA      | $498800.00    | 1.06%             | 2062-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| TPG MORTGAGE INVEST TR         | TPG Mortgage Investment Trust Inc                               | CUSIP: 001228600<br>LEI: 549300SNP0PBR2XTFR48 | Long             | DBT              | CORP              | US        |      5298 | NS      | $133828.01    | 0.28%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  1 | On Loan: No      |
| TPG MORTGAGE INVEST TR         | TPG Mortgage Investment Trust Inc                               | CUSIP: 001228709<br>LEI: 549300SNP0PBR2XTFR48 | Long             | DBT              | CORP              | US        |      5067 | NS      | $128651.13    | 0.27%             | 2029-05-15      | Fixed         | 9.50%                 | No            |                  1 | On Loan: No      |
| ILFC E-CAPITAL TRUST II        | ILFC E-Capital Trust II                                         | CUSIP: 44965UAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1707000 | PA      | $1509781.24   | 3.21%             | 2065-12-21      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx USD High Yield C | iShares iBoxx USD High Yield Corporate Bond ETF                 | CUSIP: 464288513<br>LEI: 549300FCCXHK7O37PQ68 | Long             | EC               | RF                | US        |      4359 | NS      | $351858.48    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KOHL'S CORPORATION             | Kohl's Corp                                                     | CUSIP: 500255AN4<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1290777.70   | 2.74%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD              | Kosmos Energy Ltd                                               | CUSIP: 500688AD8<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     51000 | PA      | $44453.25     | 0.09%             | 2028-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LAND O'LAKES INC               | Land O' Lakes Inc                                               | CUSIP: 514666AK2<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |    653000 | PA      | $655041.02    | 1.39%             | 2026-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LAND O'LAKES INC               | Land O' Lakes Inc                                               | CUSIP: 514666AM8<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |    756000 | PA      | $703080.00    | 1.49%             | 2027-04-04      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LAND O'LAKES INC               | Land O' Lakes Inc                                               | CUSIP: 514666AN6<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |     45000 | PA      | $40275.00     | 0.09%             | 2028-09-18      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP          | Lincoln National Corp                                           | CUSIP: 534187AS8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |   1144000 | PA      | $926773.04    | 1.97%             | 2066-05-17      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                                               | CUSIP: 55272X706<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | DBT              | CORP              | US        |     21069 | NS      | $530938.80    | 1.13%             | 2029-02-15      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                                            | CUSIP: 58844R850<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |     38701 | NS      | $952044.60    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                  | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    844000 | PA      | $929679.50    | 1.97%             | 2028-03-15      | Variable      | 10.25%                | No            |                  2 | On Loan: No      |
| NAVIENT CORP                   | Navient Corp                                                    | CUSIP: 63938C405<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     36818 | NS      | $713164.66    | 1.51%             | 2043-12-15      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| NEW MOUNTAIN FINANCE COR       | New Mountain Finance Corp                                       | CUSIP: 647551308<br>LEI: 549300L1MPTT1H7SES77 | Long             | DBT              | CORP              | US        |     10701 | NS      | $270200.25    | 0.57%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                                              | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      9618 | NS      | $234005.94    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                                              | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |   1371000 | PA      | $1384156.12   | 2.94%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                                               | CUSIP: 758075873<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |     10637 | NS      | $266882.33    | 0.57%             | 2029-09-01      | Fixed         | 9.00%                 | No            |                  1 | On Loan: No      |
| NOBLE FINANCE II LLC           | Noble Finance II LLC                                            | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    938000 | PA      | $976812.56    | 2.07%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    613000 | PA      | $571936.48    | 1.21%             | 2034-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    382000 | PA      | $339637.00    | 0.72%             | 2031-04-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC             | PBF Holding Co LLC / PBF Finance Corp                           | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $21103.11     | 0.04%             | 2030-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust                                         | CUSIP: 70509V886<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |     17569 | NS      | $310971.30    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC/MD         | Trinity Capital Inc                                             | CUSIP: 896442704<br>LEI: 549300YGT4SBRQYDVU48 | Long             | DBT              | CORP              | US        |       229 | NS      | $5846.37      | 0.01%             | 2029-09-30      | Fixed         | 7.88%                 | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp                                     | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |     10596 | NS      | $260661.60    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PARAMOUNT GLOBAL               | Paramount Global                                                | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $786714.00    | 1.67%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                   | AES Corp/The                                                    | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    958000 | PA      | $926408.90    | 1.97%             | 2055-07-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| ADAMAS TRUST INC               | Adamas Trust Inc                                                | CUSIP: 649604832<br>LEI: 549300JFGR0M7ULHWG48 | Long             | DBT              | CORP              | US        |     20100 | NS      | $508932.00    | 1.08%             | 2029-07-01      | Fixed         | 9.12%                 | No            |                  1 | On Loan: No      |
| SM ENERGY CO                   | SM Energy Co                                                    | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1412000 | PA      | $1483231.16   | 3.15%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust                                    | CUSIP: 25525P305<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24699 | NS      | $447545.88    | 0.95%             | 2046-02-01      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                                              | CUSIP: 29273V704<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |     37550 | NS      | $454730.50    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund                        | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |    230588 | NS      | $230587.90    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                      | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    230588 | NS      | $230587.90    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY             | Ford Motor Co                                                   | CUSIP: 345370BS8<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    319000 | PA      | $338252.55    | 0.72%             | 2097-05-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| FRANKLIN BSP REALTY TRST       | Franklin BSP Realty Trust Inc                                   | CUSIP: 35243J200<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EP               | CORP              | US        |     24553 | NS      | $519541.48    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEDOM MORTGAGE CORP          | Freedom Mortgage Corp                                           | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   1281000 | PA      | $1395384.33   | 2.96%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO         | General Motors Financial Co Inc                                 | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    981000 | PA      | $980127.79    | 2.08%             | 2027-09-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN          | Genesis Energy LP / Genesis Energy Finance Corp                 | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1880000 | PA      | $1969798.20   | 4.18%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                                            | CUSIP: 379378508<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |     22644 | NS      | $552740.04    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE       | Hudson Pacific Properties LP                                    | CUSIP: 44409MAD8<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |   1403000 | PA      | $1350628.40   | 2.87%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                                                    | CUSIP: 594972861<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |      6750 | NS      | $523260.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR BANK NA               | Flagstar Bank NA                                                | CUSIP: 64944P307<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | DBT              | CORP              | US        |     16698 | NS      | $672595.44    | 1.43%             | 2051-11-01      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| PPL CAPITAL FUNDING INC        | PPL Capital Funding Inc                                         | CUSIP: 69352PAC7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    950000 | PA      | $944644.68    | 2.01%             | 2067-03-30      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PennyMac Mortgage Investment Trust                              | CUSIP: 70931T509<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |     14734 | NS      | $279356.64    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PITNEY BOWES INC               | Pitney Bowes Inc                                                | CUSIP: 724479506<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |      1830 | NS      | $36032.70     | 0.08%             | 2043-03-07      | Fixed         | 6.70%                 | No            |                  1 | On Loan: No      |
| PLAINS ALL AMERICAN PIPE       | Plains All American Pipeline LP                                 | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   1897000 | PA      | $1898870.44   | 4.03%             | 2026-04-01      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                                                      | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |     32926 | NS      | $653910.36    | 1.39%             | 2057-06-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| State Street SPDR Bloomberg Hi | State Street SPDR Bloomberg High Yield Bond ETF                 | CUSIP: 78468R622<br>LEI: 549300NCLW2248PN7J24 | Long             | EC               | RF                | US        |      3560 | NS      | $346210.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNOCO LP                      | Sunoco LP                                                       | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1696000 | PA      | $1754418.72   | 3.72%             | 2030-09-18      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC           | Talos Production Inc                                            | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    941000 | PA      | $1001908.97   | 2.13%             | 2031-02-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| TELEPHONE & DATA SYS           | Telephone and Data Systems Inc                                  | CUSIP: 879433761<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EP               | CORP              | US        |     11975 | NS      | $240098.75    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1041000 | PA      | $1015469.48   | 2.16%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp                                         | CUSIP: 919794305<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |     10323 | NS      | $260087.99    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GROUP PLC             | Vodafone Group PLC                                              | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   1246000 | PA      | $1008437.39   | 2.14%             | 2081-06-04      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                                            | CUSIP: 929042844<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5542 | NS      | $98259.66     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-16

**Name of Applicant:** Series Portfolios Trust

**Signature:** /s/Ryan Roell

**Name of Signer:** Series Portfolios Trust

**Title:** President