# EDGAR Filing Document

**Accession Number:** 0001020425
**File Stem:** 0001752724-25-207400
**Filing Date:** 2025-8
**Character Count:** 36677
**Document Hash:** 027af6e85af4009d60f44d30ef0f68bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207400.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207400

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LITMAN GREGORY FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001020425

**ORGANIZATION NAME:**
- **EIN:** 931215604
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07763
- **FILM NUMBER:** 251261474

**BUSINESS ADDRESS:**
- **STREET 1:** 1676 N. CALIFORNIA BLVD.
- **STREET 2:** SUITE 500
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** (925) 254-8999

**MAIL ADDRESS:**
- **STREET 1:** 1676 N. CALIFORNIA BLVD.
- **STREET 2:** SUITE 500
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASTERS SELECT FUNDS TRUST
- **DATE OF NAME CHANGE:** 19980807

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASTERS SELECT INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19961226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASTERS SELECT EQUITY FUND
- **DATE OF NAME CHANGE:** 19961213

## Series and Classes Contracts Data

### iMGP APA Enhanced Income Municipal Fund (Series ID: S000089317)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000255834 | Institutional Class |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LITMAN GREGORY FUNDS TRUST

- **b. Investment Company Act file number:** 811-07763

- **c. CIK number of Registrant:** 0001020425

- **d. LEI of Registrant:** 549300RB4CD8N2IPVU55

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

  - **Street Address 1:** 2301 Rosecrans Avenue

  - **City:** El Segundo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90245

  - **Telephone number:** 925-254-8999

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

- **a. Name of Series:** iMGP APA Enhanced Income Municipal Fund

- **b. EDGAR series identifier (if any):** S000089317

- **c. LEI of Series:** 2549004UF8NYI16FUI70

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $16982637.50

**Total Liabilities:** $84215.78

**Net Assets:** $16898421.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -30.98000000 | **1-Year:** -697.75000000 | **5-Year:** -2476.14000000 | **10-Year:** -6734.22000000 | **30-Year:** -1681.16000000

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

- **3-Month:** -0.46000000 | **1-Year:** -32.69000000 | **5-Year:** -131.35000000 | **10-Year:** -76.10000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255834 | -0.03%               | -0.24%               | 0.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $37840.28                | $-98231.17                                 |
| Month 2  | $-10862.91               | $-89037.59                                 |
| Month 3  | $5716.42                 | $62720.96                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Great Lakes Water Authority Water Supply System Revenue      | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE           | CUSIP: 39081JJM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524577.95    | 3.10%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                      | MUNI ELEC AUTH OF GEORGIA                              | CUSIP: 6262074E1<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    350000 | PA      | $362351.12    | 2.14%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority  | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE        | CUSIP: 20775DJG8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81406.31     | 0.48%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                         | COLORADO ST HLTH FACS AUTH REVENUE                     | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    200000 | PA      | $197211.24    | 1.17%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harmony Independent School District                          | HARMONY TX INDEP SCH DIST                              | CUSIP: 413290EW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $417195.74    | 2.47%             | 2038-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                | PALM BEACH CNTY FL HLTH FACS AUTH                      | CUSIP: 69650MAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501233.85    | 2.97%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency      | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE       | CUSIP: 924166JE2<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350369.74    | 2.07%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                   | ALACHUA CNTY FL HLTH FACS AUTH                         | CUSIP: 010685KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49996.09     | 0.30%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Central Connecticut Regional Water Authority           | SOUTH CENTRAL CT REGL WTR AUTH WTR SYS REVENUE         | CUSIP: 8372275S2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $42291.16     | 0.25%             | 2034-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                           | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT   | CUSIP: 64985SJD6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500069.70    | 2.96%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                        | MET TRANSPRTN AUTH NY REVENUE                          | CUSIP: 59261A5B9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253686.30    | 1.50%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                      | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE              | CUSIP: 041807DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $182611.02    | 1.08%             | 2048-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                  | WASHINGTON ST HLTH CARE FACS AUTH                      | CUSIP: 93978HNA9<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500147.35    | 2.96%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                     | MASSACHUSETTS ST DEV FIN AGY REVENUE                   | CUSIP: 57585BDF2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256637.13    | 1.52%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health Care Authority of the City of Huntsville/The          | HUNTSVILLE AL HLTH CARE AUTH REVENUE                   | CUSIP: 44706HDN4<br>LEI: 254900QP8DQFH746YJ31 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10519.11     | 0.06%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority         | ALLEGHENY CNTY PA HGR EDU BLDG AUTH UNIV REVENUE       | CUSIP: 01728RPY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205288.48    | 1.21%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE             | CUSIP: 13068XPS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106001.44    | 0.63%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                        | LOUISIANA PUB FACS AUTH REVENUE                        | CUSIP: 546399JU1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202649.94    | 1.20%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority           | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE           | CUSIP: 59333APR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207530.98    | 1.23%             | 2043-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE        | CUSIP: 544525VE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115392.22    | 0.68%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dalton Whitfield County Joint Development Authority          | DALTON WHITFIELD CNTY JT DEV AUTH                      | CUSIP: 235641AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $87951.46     | 0.52%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                               | ALLENTOWN PA SCH DIST                                  | CUSIP: 018471MX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265562.40    | 1.57%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Hospital District                              | HARRIS CNTY TX HOSP DIST REVENUE                       | CUSIP: 41415WCR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $291128.05    | 1.72%             | 2042-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority               | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                | CUSIP: 118217CR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $139203.43    | 0.82%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                  | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE      | CUSIP: 56035DJH6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    200000 | PA      | $213365.08    | 1.26%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UCF Stadium Corp                                             | UCF STADIUM CORP FL REVENUE                            | CUSIP: 90350TCA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206249.24    | 1.22%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority         | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE          | CUSIP: 70917S6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496103.80    | 2.94%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                     | MASSACHUSETTS ST DEV FIN AGY REVENUE                   | CUSIP: 57584XND9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195000.00    | 1.15%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                  | CUSIP: 5444956B5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50520.97     | 0.30%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                         | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE               | CUSIP: 57587GMU6<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    175000 | PA      | $169356.92    | 1.00%             | 2042-12-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                      | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE              | CUSIP: 837151PT0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195172.17    | 1.15%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                   | MICHIGAN ST FIN AUTH REVENUE                           | CUSIP: 59447TMN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200080.14    | 1.18%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                           | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE         | CUSIP: 392274X35<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500146.45    | 2.96%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                        | LOUISIANA ST PUBLIC FACS AUTH HOSP REVENUE             | CUSIP: 546395N75<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246474.63    | 1.46%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                          | COLUMBUS OH REGL ARPT AUTH REVENUE                     | CUSIP: 199546DT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $187160.53    | 1.11%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE        | CUSIP: 544525Q27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15463.16     | 0.09%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act  | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE          | CUSIP: 6446143P2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190627.17    | 1.13%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bryan TX Waterworks & Sewer Revenue                  | BRYAN TX WTRWKS & SWR REVENUE                          | CUSIP: 117622PC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $237767.70    | 1.41%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Midland County Hospital District                             | MIDLAND CNTY TX HOSP DIST                              | CUSIP: 597503EJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $377494.08    | 2.23%             | 2049-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                | VOLUSIA CNTY FL EDUCTNL FAC AUTH                       | CUSIP: 928836NE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99418.69     | 0.59%             | 2049-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                      | LOS ANGELES CA DEPT OF WTR & PWR REVENUE               | CUSIP: 544532HT4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154979.90    | 0.92%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                  | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                  | CUSIP: 67756UAZ1<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    140000 | PA      | $137008.76    | 0.81%             | 2039-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Town of Upland IN                                            | UPLAND IN ECON DEV REVENUE                             | CUSIP: 915395FA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $196399.70    | 1.16%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Auburn University                                            | AUBURN UNIV AL GEN FEE REVENUE                         | CUSIP: 050589NR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49876.83     | 0.30%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pend Oreille County Public Utility District No 1 Box Canyon  | PEND OREILLE CNTY WA PUBLIC UTILITY DIST #1 BOX CANYON | CUSIP: 706643DD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101326.83    | 0.60%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                            | TOBACCO SETTLEMENT FING CORP NJ                        | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198964.48    | 1.18%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FW Texas Street Public Facility Corp                         | FW TEXAS STREET PUBLIC FAC CORP RSDL DEV REVENUE       | CUSIP: 30322SAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248664.83    | 1.47%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Huffman Independent School District                          | HUFFMAN TX INDEP SCH DIST                              | CUSIP: 444348A71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31252.89     | 0.18%             | 2049-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                   | ILLINOIS ST FIN AUTH REVENUE                           | CUSIP: 45204ENV6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    110000 | PA      | $111745.45    | 0.66%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority      | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                 | CUSIP: 613603YX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100299.17    | 0.59%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                     | MASSACHUSETTS ST DEV FIN AGY REVENUE                   | CUSIP: 57585BDS4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269412.90    | 1.59%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                          | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE            | CUSIP: 92778FKM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $175634.73    | 1.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sedgwick County Unified School District No 262 Valley Center | SEDGWICK CNTY KS UNIF SCH DIST #262                    | CUSIP: 815662MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206490.32    | 1.22%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                     | MASSACHUSETTS ST DEV FIN AGY REVENUE                   | CUSIP: 57584XU74<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55288.86     | 0.33%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                | VOLUSIA CNTY FL EDUCTNL FAC AUTH                       | CUSIP: 928836NZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $393283.33    | 2.33%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Broward Hospital District                              | NORTH BROWARD FL HOSP DIST                             | CUSIP: 657883DP6<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |    125000 | PA      | $123482.81    | 0.73%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund            | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE       | CUSIP: 16772PCB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200883.68    | 1.19%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                            | ILLINOIS ST                                            | CUSIP: 452152E23<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    200000 | PA      | $197341.12    | 1.17%             | 2033-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                    | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE             | CUSIP: 95737TEJ1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200096.86    | 1.18%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Loan Council                               | FLORIDA ST MUNI LOAN COUNCIL REVENUE                   | CUSIP: 34282CWS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207270.04    | 1.23%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp              | WESTFIELD-WASHINGTON IN MULTI-SCH BLDG CORP            | CUSIP: 96023PPG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210864.78    | 1.25%             | 2043-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                   | MICHIGAN ST FIN AUTH REVENUE                           | CUSIP: 59447TYG2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245884.48    | 1.46%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                | PALM BEACH CNTY FL HLTH FACS AUTH                      | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203249.58    | 1.20%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Odessa TX                                            | ODESSA TX                                              | CUSIP: 676006RS0<br>LEI: 5493009W8JN2B6ZDRY14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $486799.15    | 2.88%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority           | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE      | CUSIP: 83703FLN0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199715.34    | 1.18%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE             | CUSIP: 13068XPT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105603.03    | 0.62%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Johns County School Board                                 | SAINT JOHNS CNTY FL SCH BRD COPS                       | CUSIP: 790409HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104780.42    | 0.62%             | 2049-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                        | MET TRANSPRTN AUTH NY REVENUE                          | CUSIP: 59261A5C7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    300000 | PA      | $310060.35    | 1.83%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs              | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE | CUSIP: 882750UX8<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    135000 | PA      | $134697.99    | 0.80%             | 2038-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                     | MASSACHUSETTS ST DEV FIN AGY REVENUE                   | CUSIP: 57583UTY4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     50000 | PA      | $43672.52     | 0.26%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brownsboro Independent School District                       | BROWNSBORO TX INDEP SCH DIST                           | CUSIP: 116079HS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204383.08    | 1.21%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Williamson County Municipal Utility District No 2  | N W WILLIAMSON TX MUNI UTILITY DIST #2                 | CUSIP: 667868CP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $303202.24    | 1.79%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Concord Community Schools Building Corp                      | CONCORD IN CMNTY SCHS BLDG CORP                        | CUSIP: 206256WE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260705.75    | 1.54%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                    | ORANGE CNTY FL HLTH FACS AUTH REVENUE                  | CUSIP: 68450LEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $215140.09    | 1.27%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lancaster PA                                         | LANCASTER PA                                           | CUSIP: 514282XS6<br>LEI: 549300BGOEKNNN4HPE68 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98204.54     | 0.58%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue           | SEATTLE WA MUNI LIGHT & PWR REVENUE                    | CUSIP: 812643XU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $340412.09    | 2.01%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                               | LOWER AL GAS DIST GAS PROJ REVENUE                     | CUSIP: 547804AC8<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261704.13    | 1.55%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                      | COLUMBUS OH MET HSG AUTH GEN REVENUE                   | CUSIP: 19951AAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $297850.53    | 1.76%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** LITMAN GREGORY FUNDS TRUST

**Signature:** John Coughlan

**Name of Signer:** John Coughlan

**Title:** COO