# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0000894189-26-002297
**Filing Date:** 2026-1
**Character Count:** 65631
**Document Hash:** a49c1443e3ddea124e3b1a52a8189121
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002297.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002297

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB FUND, INC.
- **CENTRAL INDEX KEY:** 0000831114

**ORGANIZATION NAME:**
- **EIN:** 510312196
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05518
- **FILM NUMBER:** 26569973

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 609-731-6256

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RBB FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FUND INC /DE/
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### F/m High Yield 100 ETF (Series ID: S000091534)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000259202 | F/m High Yield 100 ETF | ZTOP            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **F/m High Yield 100 ETF** | **F/m High Yield 100 ETF** | **F/m High Yield 100 ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **CORPORATE BONDS - 97.9%** | **Par** | **Value**  |
| **Advertising & Marketing - 1.0%** | **Advertising & Marketing - 1.0%** | **Advertising & Marketing - 1.0%** |
|  Neptune Bidco US, Inc., 10.38%, 05/15/2031 <sup>(a)</sup> | $187000 | $189115 |
| **Aerospace & Defense - 2.0%** | **Aerospace & Defense - 2.0%** | **Aerospace & Defense - 2.0%** |
|  Bombardier, Inc., 8.75%, 11/15/2030 <sup>(a)</sup> | 175000 | 188899 |
|  TransDigm, Inc., 7.13%, 12/01/2031 <sup>(a)</sup> | 183000 | 192122 |
|  |  | 381021 |
| **Airlines - 1.0%** | **Airlines - 1.0%** | **Airlines - 1.0%** |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.75%, 04/20/2029 <sup>(a)</sup> | 188000 | 189983 |
| **Auto Parts Manufacturing - 2.0%** | **Auto Parts Manufacturing - 2.0%** | **Auto Parts Manufacturing - 2.0%** |
|  Goodyear Tire & Rubber Co., 6.63%, 07/15/2030 <sup>(b)</sup> | 190000 | 193246 |
|  ZF North America Capital, Inc., 7.50%, 03/24/2031 <sup>(a)</sup> | 197000 | 195133 |
|  |  | 388379 |
| **Automobiles Manufacturing - 1.0%** | **Automobiles Manufacturing - 1.0%** | **Automobiles Manufacturing - 1.0%** |
|  Nissan Motor Co. Ltd., 8.13%, 07/17/2035 <sup>(a)</sup> | 176000 | 186457 |
| **Cable & Satellite - 4.7%** | **Cable & Satellite - 4.7%** | **Cable & Satellite - 4.7%** |
|  CCO Holdings LLC / CCO Holdings Capital Corp., 7.38%, 03/01/2031 <sup>(a)</sup> | 185000 | 188934 |
|  CSC Holdings LLC, 11.75%, 01/31/2029 <sup>(a)</sup> | 215000 | 149891 |
|  Directv Financing LLC / Directv Financing Co.-Obligor, Inc., 10.00%, 02/15/2031 <sup>(a)</sup> | 190000 | 188859 |
|  DISH Network Corp., 11.75%, 11/15/2027 <sup>(a)</sup> | 170000 | 177664 |
|  Sirius XM Radio LLC, 5.50%, 07/01/2029 <sup>(a)</sup> | 195000 | 196060 |
|  |  | 901408 |
| **Casinos & Gaming - 2.9%** | **Casinos & Gaming - 2.9%** | **Casinos & Gaming - 2.9%** |
|  Caesars Entertainment, Inc., 7.00%, 02/15/2030 <sup>(a)</sup> | 185000 | 191661 |
|  Melco Resorts Finance Ltd., 7.63%, 04/17/2032 <sup>(a)</sup> | 177000 | 183883 |
|  Wynn Macau Ltd., 6.75%, 02/15/2034 <sup>(a)</sup> | 192000 | 192032 |
|  |  | 567576 |
| **Chemicals - 2.0%** | **Chemicals - 2.0%** | **Chemicals - 2.0%** |
|  Celanese US Holdings LLC, 7.20%, 11/15/2033 | 186000 | 194342 |
|  Olympus Water US Holding Corp., 7.25%, 02/15/2033 <sup>(a)</sup> | 193000 | 191696 |
|  |  | 386038 |
| **Commercial Finance - 1.0%** | **Commercial Finance - 1.0%** | **Commercial Finance - 1.0%** |
|  FTAI Aviation Investors LLC, 7.88%, 12/01/2030 <sup>(a)</sup> | 176000 | 187261 |
| **Communications Equipment - 1.0%** | **Communications Equipment - 1.0%** | **Communications Equipment - 1.0%** |
|  CommScope LLC, 9.50%, 12/15/2031 <sup>(a)</sup> | 183000 | 185573 |
| **Construction Materials Manufacturing - 2.0%** | **Construction Materials Manufacturing - 2.0%** | **Construction Materials Manufacturing - 2.0%** |
|  Quikrete Holdings, Inc., 6.38%, 03/01/2032 <sup>(a)</sup> | 185000 | 192312 |
|  Standard Building Solutions, Inc., 6.50%, 08/15/2032 <sup>(a)</sup> | 185000 | 190949 |
|  |  | 383261 |
| **Consumer Finance - 7.0%** | **Consumer Finance - 7.0%** | **Consumer Finance - 7.0%** |
|  Block, Inc., 6.50%, 05/15/2032 | 186000 | 194479 |
|  Freedom Mortgage Corp., 12.25%, 10/01/2030 <sup>(a)</sup> | 164000 | 181944 |
|  Navient Corp., 11.50%, 03/15/2031 | 173000 | 193298 |
|  OneMain Finance Corp., 7.88%, 03/15/2030 | 182000 | 192546 |
|  PennyMac Financial Services, Inc., 7.88%, 12/15/2029 <sup>(a)</sup> | 183000 | 195212 |
|  Rocket Cos., Inc., 7.13%, 02/01/2032 <sup>(a)</sup> | 195000 | 205020 |
|  Starwood Property Trust, Inc., 7.25%, 04/01/2029 <sup>(a)</sup> | 180000 | 191023 |
|  |  | 1353522 |
| **Consumer Services - 2.0%** | **Consumer Services - 2.0%** | **Consumer Services - 2.0%** |
|  Allied Universal Holdco LLC, 7.88%, 02/15/2031 <sup>(a)</sup> | 185000 | 195040 |
|  Service Corp. International/US, 5.75%, 10/15/2032 | 185000 | 189160 |
|  |  | 384200 |
| **Containers & Packaging - 2.8%** | **Containers & Packaging - 2.8%** | **Containers & Packaging - 2.8%** |
|  Ball Corp., 6.00%, 06/15/2029 | 180000 | 185497 |
|  Clydesdale Acquisition Holdings, Inc., 6.88%, 01/15/2030 <sup>(a)</sup> | 184000 | 187089 |
|  Mauser Packaging Solutions Holding Co., 7.88%, 04/15/2030 <sup>(a)</sup> | 175000 | 168536 |
|  |  | 541122 |
| **Electrical Equipment Manufacturing - 2.0%** | **Electrical Equipment Manufacturing - 2.0%** | **Electrical Equipment Manufacturing - 2.0%** |
|  EMRLD Borrower LP / Emerald Co.-Issuer, Inc., 6.75%, 07/15/2031 <sup>(a)</sup> | 185000 | 193786 |
|  WESCO Distribution, Inc., 7.25%, 06/15/2028 <sup>(a)</sup> | 185000 | 187773 |
|  |  | 381559 |
| **Entertainment Content - 1.9%** | **Entertainment Content - 1.9%** | **Entertainment Content - 1.9%** |
|  Discovery Communications LLC, 6.35%, 06/01/2040 | 205000 | 183363 |
|  Univision Communications, Inc., 9.38%, 08/01/2032 <sup>(a)</sup> | 177000 | 188539 |
|  |  | 371902 |
| **Exploration & Production - 2.9%** | **Exploration & Production - 2.9%** | **Exploration & Production - 2.9%** |
|  Civitas Resources, Inc., 9.63%, 06/15/2033 <sup>(a)</sup> | 177000 | 191181 |
|  Hilcorp Energy I LP / Hilcorp Finance Co., 8.38%, 11/01/2033 <sup>(a)</sup> | 177000 | 181645 |
|  Permian Resources Operating LLC, 9.88%, 07/15/2031 <sup>(a)</sup> | 173000 | 186473 |
|  |  | 559299 |
| **Financial Services - 1.9%** | **Financial Services - 1.9%** | **Financial Services - 1.9%** |
|  Icahn Enterprises LP / Icahn Enterprises Finance Corp., 10.00%, 11/15/2029 <sup>(a)</sup> | 185000 | 186214 |
|  Jane Street Group / JSG Finance, Inc., 7.13%, 04/30/2031 <sup>(a)</sup> | 180000 | 189625 |
|  |  | 375839 |
| **Food & Beverage - 1.0%** | **Food & Beverage - 1.0%** | **Food & Beverage - 1.0%** |
|  Post Holdings, Inc., 6.25%, 02/15/2032 <sup>(a)</sup> | 185000 | 191193 |
| **Health Care Facilities & Services - 4.9%** | **Health Care Facilities & Services - 4.9%** | **Health Care Facilities & Services - 4.9%** |
|  CHS/Community Health Systems, Inc., 10.88%, 01/15/2032 <sup>(a)</sup> | 178000 | 192389 |
|  DaVita, Inc., 6.88%, 09/01/2032 <sup>(a)(b)</sup> | 185000 | 192640 |
|  IQVIA, Inc., 6.50%, 05/15/2030 <sup>(a)</sup> | 185000 | 192711 |
|  LifePoint Health, Inc., 11.00%, 10/15/2030 <sup>(a)</sup> | 168000 | 185339 |
|  Tenet Healthcare Corp., 6.75%, 05/15/2031 | 185000 | 192797 |
|  |  | 955876 |
| **Home & Office Products Manufacturing - 0.9%** | **Home & Office Products Manufacturing - 0.9%** | **Home & Office Products Manufacturing - 0.9%** |
|  Newell Brands, Inc., 8.50%, 06/01/2028 <sup>(a)</sup> | 177000 | 184623 |
| **Home Improvement - 1.0%** | **Home Improvement - 1.0%** | **Home Improvement - 1.0%** |
|  Whirlpool Corp., 6.50%, 06/15/2033 | 194000 | 192743 |
| **Industrial Other - 2.0%** | **Industrial Other - 2.0%** | **Industrial Other - 2.0%** |
|  Herc Holdings, Inc., 7.25%, 06/15/2033 <sup>(a)(b)</sup> | 185000 | 195745 |
|  United Rentals North America, Inc., 3.88%, 11/15/2027 | 195000 | 192977 |
|  |  | 388722 |
| **Managed Care - 1.0%** | **Managed Care - 1.0%** | **Managed Care - 1.0%** |
|  Molina Healthcare, Inc., 6.50%, 02/15/2031 <sup>(a)</sup> | 185000 | 189064 |
| **Medical Equipment & Devices Manufacturing - 1.0%** | **Medical Equipment & Devices Manufacturing - 1.0%** | **Medical Equipment & Devices Manufacturing - 1.0%** |
|  Medline Borrower LP/Medline Co.-Issuer, Inc., 6.25%, 04/01/2029 <sup>(a)</sup> | 185000 | 191295 |
| **Metals & Mining - 2.0%** | **Metals & Mining - 2.0%** | **Metals & Mining - 2.0%** |
|  Cleveland-Cliffs, Inc., 7.63%, 01/15/2034 <sup>(a)</sup> | 188000 | 195310 |
|  Novelis Corp., 6.88%, 01/30/2030 <sup>(a)</sup> | 185000 | 191727 |
|  |  | 387037 |
| **Oil & Gas Services & Equipment - 1.0%** | **Oil & Gas Services & Equipment - 1.0%** | **Oil & Gas Services & Equipment - 1.0%** |
|  Transocean International Ltd., 8.75%, 02/15/2030 <sup>(a)</sup> | 183000 | 190781 |
| **Pharmaceuticals - 1.9%** | **Pharmaceuticals - 1.9%** | **Pharmaceuticals - 1.9%** |
|  Bausch Health Cos., Inc., 11.00%, 09/30/2028 <sup>(a)</sup> | 172000 | 181147 |
|  Organon & Co. / Organon Foreign Debt Co.-Issuer BV, 6.75%, 05/15/2034 <sup>(a)</sup> | 207000 | 187144 |
|  |  | 368291 |
| **Pipeline - 3.9%** | **Pipeline - 3.9%** | **Pipeline - 3.9%** |
|  Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp., 7.38%, 02/15/2029 <sup>(a)</sup> | 188000 | 194986 |
|  Venture Global Calcasieu Pass LLC, 6.25%, 01/15/2030 <sup>(a)</sup> | 185000 | 186937 |
|  Venture Global LNG, Inc., 9.88%, 02/01/2032 <sup>(a)</sup> | 178000 | 185348 |
|  Venture Global Plaquemines LNG LLC, 7.75%, 05/01/2035 <sup>(a)</sup> | 166000 | 185030 |
|  |  | 752301 |
| **Power Generation - 3.0%** | **Power Generation - 3.0%** | **Power Generation - 3.0%** |
|  Calpine Corp., 4.50%, 02/15/2028 <sup>(a)</sup> | 195000 | 194687 |
|  NRG Energy, Inc., 6.25%, 11/01/2034 <sup>(a)</sup> | 185000 | 190675 |
|  Vistra Operations Co. LLC, 7.75%, 10/15/2031 <sup>(a)</sup> | 180000 | 191321 |
|  |  | 576683 |
| **Property & Casualty Insurance - 3.0%** | **Property & Casualty Insurance - 3.0%** | **Property & Casualty Insurance - 3.0%** |
|  Acrisure LLC / Acrisure Finance, Inc., 7.50%, 11/06/2030 <sup>(a)</sup> | 185000 | 192288 |
|  Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer, 7.00%, 01/15/2031 <sup>(a)</sup> | 185000 | 192461 |
|  HUB International Ltd., 7.25%, 06/15/2030 <sup>(a)</sup> | 185000 | 193837 |
|  |  | 578586 |
| **Publishing & Broadcasting - 2.0%** | **Publishing & Broadcasting - 2.0%** | **Publishing & Broadcasting - 2.0%** |
|  Clear Channel Outdoor Holdings, Inc., 7.88%, 04/01/2030 <sup>(a)</sup> | 177000 | 186564 |
|  Gray Media, Inc., 10.50%, 07/15/2029 <sup>(a)</sup> | 178000 | 191870 |
|  |  | 378434 |
| **Real Estate - 3.9%** | **Real Estate - 3.9%** | **Real Estate - 3.9%** |
|  Iron Mountain, Inc., 7.00%, 02/15/2029 <sup>(a)</sup> | 185000 | 190133 |
|  MPT Operating Partnership LP / MPT Finance Corp., 8.50%, 02/15/2032 <sup>(a)</sup> | 183000 | 193802 |
|  RHP Hotel Properties LP / RHP Finance Corp., 7.25%, 07/15/2028 <sup>(a)</sup> | 185000 | 191006 |
|  Service Properties Trust, 8.88%, 06/15/2032 | 187000 | 180116 |
|  |  | 755057 |
| **Refining & Marketing - 1.0%** | **Refining & Marketing - 1.0%** | **Refining & Marketing - 1.0%** |
|  Sunoco LP, 7.25%, 05/01/2032 <sup>(a)</sup> | 183000 | 193257 |
| **Restaurants - 2.0%** | **Restaurants - 2.0%** | **Restaurants - 2.0%** |
|  1011778 BC ULC / New Red Finance, Inc., 6.13%, 06/15/2029 <sup>(a)</sup> | 185000 | 190450 |
|  KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, 4.75%, 06/01/2027 <sup>(a)</sup> | 195000 | 195301 |
|  |  | 385751 |
| **Retail - Consumer Discretionary - 2.9%** | **Retail - Consumer Discretionary - 2.9%** | **Retail - Consumer Discretionary - 2.9%** |
|  Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 8.38%, 06/15/2032 <sup>(a)</sup> | 178000 | 183220 |
|  Builders FirstSource, Inc., 6.75%, 05/15/2035 <sup>(a)</sup> | 185000 | 195390 |
|  Rakuten Group, Inc., 11.25%, 02/15/2027 <sup>(a)</sup> | 175000 | 187635 |
|  |  | 566245 |
| **Software & Services - 2.8%** | **Software & Services - 2.8%** | **Software & Services - 2.8%** |
|  Cloud Software Group, Inc., 8.25%, 06/30/2032 <sup>(a)</sup> | 178000 | 188008 |
|  CoreWeave, Inc., 9.25%, 06/01/2030 <sup>(a)</sup> | 194000 | 179035 |
|  ION Platform Finance US, Inc. / ION Platform Finance SARL, 9.50%, 05/30/2029 <sup>(a)</sup> | 180000 | 183067 |
|  |  | 550110 |
| **Supermarkets & Pharmacies - 1.0%** | **Supermarkets & Pharmacies - 1.0%** | **Supermarkets & Pharmacies - 1.0%** |
|  Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC, 6.50%, 02/15/2028 <sup>(a)</sup> | 185000 | 188501 |
| **Travel & Lodging - 4.0%** | **Travel & Lodging - 4.0%** | **Travel & Lodging - 4.0%** |
|  Carnival Corp., 6.13%, 02/15/2033 <sup>(a)</sup> | 185000 | 190386 |
|  Hilton Domestic Operating Co., Inc., 6.13%, 04/01/2032 <sup>(a)</sup> | 185000 | 191826 |
|  NCL Corp. Ltd., 7.75%, 02/15/2029 <sup>(a)</sup> | 182000 | 193077 |
|  Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/2029 <sup>(a)</sup> | 189000 | 188909 |
|  |  | 764198 |
| **Utilities - 2.9%** | **Utilities - 2.9%** | **Utilities - 2.9%** |
|  PG&E Corp., 5.25%, 07/01/2030 | 195000 | 193197 |
|  Talen Energy Supply LLC, 8.63%, 06/01/2030 <sup>(a)</sup> | 175000 | 185710 |
|  XPLR Infrastructure Operating Partners LP, 8.63%, 03/15/2033 <sup>(a)</sup> | 180000 | 188443 |
|  |  | 567350 |
| **Waste & Environment Services & Equipment - 1.0%** | **Waste & Environment Services & Equipment - 1.0%** | **Waste & Environment Services & Equipment - 1.0%** |
|  GFL Environmental, Inc., 6.75%, 01/15/2031 <sup>(a)</sup> | 183000 | 192245 |
| **Wireless Telecommunications Services - 3.7%** | **Wireless Telecommunications Services - 3.7%** | **Wireless Telecommunications Services - 3.7%** |
|  Altice France SA, 8.13%, 02/01/2027 | 188000 | 149085 |
|  EchoStar Corp., 10.75%, 11/30/2029 | 169000 | 186323 |
|  Vmed O2 UK Financing I PLC, 7.75%, 04/15/2032 <sup>(a)</sup> | 177000 | 183750 |
|  Vodafone Group PLC, 7.00% (5 yr. Swap Rate USD + 4.87%), 04/04/2079 | 177000 | 186571 |
|  |  | 705729 |
| **Wireline Telecommunications Services - 3.0%** | **Wireline Telecommunications Services - 3.0%** | **Wireline Telecommunications Services - 3.0%** |
|  Frontier Florida LLC, 6.86%, 02/01/2028 | 185000 | 192799 |
|  Level 3 Financing, Inc., 7.00%, 03/31/2034 <sup>(a)</sup> | 185000 | 189727 |
|  Windstream Services LLC, 7.50%, 10/15/2033 <sup>(a)</sup> | 193000 | 196756 |
|  |  | 579282 |
| **TOTAL CORPORATE BONDS** (Cost $18,686,472) | **TOTAL CORPORATE BONDS** (Cost $18,686,472) | 18886869 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 2.7%** | **Units** | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.09% <sup>(c)</sup> | 530420 | 530420 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $530,420) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $530,420) | 530420 |
| **TOTAL INVESTMENTS - 100.6% (**Cost $19,216,892**)** | **TOTAL INVESTMENTS - 100.6% (**Cost $19,216,892**)** | 19417289 |
| Liabilities in Excess of Other Assets - (0.6)% | Liabilities in Excess of Other Assets - (0.6)% | (119686) |
| **TOTAL NET ASSETS - 100.0%** |  | $19297603 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

LLC - Limited Liability Company <br> LP - Limited Partnership <br> PLC - Public Limited Company

(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 November 30, 2025, the value of these securities total $15,694,330 or 81.3% of the Fund's net assets.

(b) All or a portion of this security is on loan as of November 30, 2025. The fair value of these securities was $520,021.

(c) The rate shown represents the 7-day annualized yield as of November 30, 2025.

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
F/m High Yield 100 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 November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $18886869 | $– | $18886869 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 530420 |
| Total Investments | $– | $18886869 | $– | $19417289 |
| 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. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of
 $530,420 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule 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:** RBB Fund, Inc.

- **b. Investment Company Act file number:** 811-05518

- **c. CIK number of Registrant:** 0000831114

- **d. LEI of Registrant:** 5493005KKD0GVHSW0D29

- **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:** 262-378-6278

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

- **a. Name of Series:** F/m High Yield 100 ETF

- **b. EDGAR series identifier (if any):** S000091534

- **c. LEI of Series:** 529900T1M8HKCKKG6H81

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $19835217.78

**Total Liabilities:** $536317.66

**Net Assets:** $19298900.12

**Cash Not Reported:** $1007.20

**Currency Risk Metrics (dv01):**

- 

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

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

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

- **3-Month:** 517.866320000000 | **1-Year:** 2425.878538000000 | **5-Year:** 1291.910209000000 | **10-Year:** 439.494172000000 | **30-Year:** 35.674406000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259202 | 0.77%                | -0.03%               | 0.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2581.79                | $49988.37                                  |
| Month 2  | $42331.41                | $-142732.47                                |
| Month 3  | $4914.44                 | $1232.74                                   |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| DISH NETWORK CORP                         | DISH Network Corp                                                               | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    170000 | PA      | $177663.88    | 0.92%             | 2027-11-15      | Fixed         | 11.75%                | No            | 2                  | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                  | EMRLD Borrower LP / Emerald Co-Issuer Inc                                       | CUSIP: 26873CAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $193786.49    | 1.00%             | 2031-07-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ECHOSTAR CORP                             | EchoStar Corp                                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    169000 | PA      | $186322.50    | 0.97%             | 2029-11-30      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| FREEDOM MORTGAGE CORP                     | Freedom Mortgage Corp                                                           | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    164000 | PA      | $181944.02    | 0.94%             | 2030-10-01      | Fixed         | 12.25%                | No            | 2                  | On Loan: No      |
| FRONTIER FLORIDA LLC                      | Frontier Florida LLC                                                            | CUSIP: 362333AH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $192799.14    | 1.00%             | 2028-02-01      | Fixed         | 6.86%                 | No            | 2                  | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                  | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $191006.50    | 0.99%             | 2028-07-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| RAKUTEN GROUP INC                         | Rakuten Group Inc                                                               | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    175000 | PA      | $187635.03    | 0.97%             | 2027-02-15      | Fixed         | 11.25%                | No            | 2                  | On Loan: No      |
| ROCKET COS INC                            | Rocket Cos Inc                                                                  | CUSIP: 77311WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $205019.88    | 1.06%             | 2032-02-01      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| SERVICE CORP INTL                         | Service Corp International/US                                                   | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    185000 | PA      | $189159.54    | 0.98%             | 2032-10-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| WHIRLPOOL CORP                            | Whirlpool Corp                                                                  | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    194000 | PA      | $192743.07    | 1.00%             | 2033-06-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| WINDSTREAM SERVICES LLC                   | Windstream Services LLC                                                         | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |    193000 | PA      | $196755.44    | 1.02%             | 2033-10-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| WYNN MACAU LTD                            | Wynn Macau Ltd                                                                  | CUSIP: 98313RAL0<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    192000 | PA      | $192032.21    | 1.00%             | 2034-02-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ZF NA CAPITAL                             | ZF North America Capital Inc                                                    | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    197000 | PA      | $195133.03    | 1.01%             | 2031-03-24      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                          | CSC Holdings LLC                                                                | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    215000 | PA      | $149891.02    | 0.78%             | 2029-01-31      | Fixed         | 11.75%                | No            | 2                  | On Loan: No      |
| DAVITA INC                                | DaVita Inc                                                                      | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    185000 | PA      | $192639.91    | 1.00%             | 2032-09-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: —       |
| DIRECTV FIN LLC/COINC                     | Directv Financing LLC / Directv Financing Co-Obligor Inc                        | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $188859.13    | 0.98%             | 2031-02-15      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| DISCOVERY COMMUNICATIONS                  | Discovery Communications LLC                                                    | CUSIP: 25470DBZ1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    205000 | PA      | $183362.57    | 0.95%             | 2040-06-01      | Fixed         | 6.35%                 | No            | 2                  | On Loan: No      |
| MPT OPER PARTNERSP/FINL                   | MPT Operating Partnership LP / MPT Finance Corp                                 | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    183000 | PA      | $193801.58    | 1.00%             | 2032-02-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| NAVIENT CORP                              | Navient Corp                                                                    | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    173000 | PA      | $193298.49    | 1.00%             | 2031-03-15      | Fixed         | 11.50%                | No            | 2                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |    530420 | NS      | $530420.00    | 2.75%             |  |  |  | No            | N/A                | On Loan: No      |
| CLOUD SOFTWARE GRP INC                    | Cloud Software Group Inc                                                        | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    178000 | PA      | $188008.61    | 0.97%             | 2032-06-30      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| CLYDESDALE ACQUISITION                    | Clydesdale Acquisition Holdings Inc                                             | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    184000 | PA      | $187089.24    | 0.97%             | 2030-01-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| COMMSCOPE LLC                             | CommScope LLC                                                                   | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    183000 | PA      | $185573.42    | 0.96%             | 2031-12-15      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| COREWEAVE INC                             | CoreWeave Inc                                                                   | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    194000 | PA      | $179034.83    | 0.93%             | 2030-06-01      | Fixed         | 9.25%                 | No            | 2                  | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                  | Builders FirstSource Inc                                                        | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    185000 | PA      | $195390.61    | 1.01%             | 2035-05-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| CAESARS ENTERTAIN INC                     | Caesars Entertainment Inc                                                       | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191660.63    | 0.99%             | 2030-02-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| CALPINE CORP                              | Calpine Corp                                                                    | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    195000 | PA      | $194687.17    | 1.01%             | 2028-02-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| CARNIVAL CORP                             | Carnival Corp                                                                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    185000 | PA      | $190386.19    | 0.99%             | 2033-02-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                  | Permian Resources Operating LLC                                                 | CUSIP: 27034RAC7<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    173000 | PA      | $186472.52    | 0.97%             | 2031-07-15      | Fixed         | 9.88%                 | No            | 2                  | On Loan: No      |
| NCL CORPORATION LTD                       | NCL Corp Ltd                                                                    | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    182000 | PA      | $193077.38    | 1.00%             | 2029-02-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| NRG ENERGY INC                            | NRG Energy Inc                                                                  | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    185000 | PA      | $190674.63    | 0.99%             | 2034-11-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| NEWELL BRANDS INC                         | Newell Brands Inc                                                               | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    177000 | PA      | $184622.46    | 0.96%             | 2028-06-01      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| NISSAN MOTOR CO                           | Nissan Motor Co Ltd                                                             | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    176000 | PA      | $186456.62    | 0.97%             | 2035-07-17      | Fixed         | 8.12%                 | No            | 2                  | On Loan: No      |
| NOVELIS CORP                              | Novelis Corp                                                                    | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191727.02    | 0.99%             | 2030-01-30      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                  | Olympus Water US Holding Corp                                                   | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    193000 | PA      | $191695.74    | 0.99%             | 2033-02-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINANCE CORP                      | OneMain Finance Corp                                                            | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    182000 | PA      | $192545.89    | 1.00%             | 2030-03-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| ORGANON & CO/ORGANON FOR                  | Organon & Co / Organon Foreign Debt Co-Issuer BV                                | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    207000 | PA      | $187144.00    | 0.97%             | 2034-05-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| PG&E CORP                                 | PG&E Corp                                                                       | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    195000 | PA      | $193196.91    | 1.00%             | 2030-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| PENNYMAC FIN SVCS INC                     | PennyMac Financial Services Inc                                                 | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    183000 | PA      | $195211.61    | 1.01%             | 2029-12-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| POST HOLDINGS INC                         | Post Holdings Inc                                                               | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191192.77    | 0.99%             | 2032-02-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| QUIKRETE HOLDINGS INC                     | Quikrete Holdings Inc                                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    185000 | PA      | $192312.42    | 1.00%             | 2032-03-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| ACRISURE LLC / FIN INC                    | Acrisure LLC / Acrisure Finance Inc                                             | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $192287.38    | 1.00%             | 2030-11-06      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| ADVANCE AUTO PARTS                        | Advance Auto Parts Inc                                                          | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    183000 | PA      | $186302.67    | 0.97%             | 2033-08-01      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                    | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC           | CUSIP: 01309QAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $188501.35    | 0.98%             | 2028-02-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| FTAI AVIATION INVESTORS                   | Fortress Transportation and Infrastructure Investors LLC                        | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    176000 | PA      | $187261.12    | 0.97%             | 2030-12-01      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| GFL ENVIRONMENTAL INC                     | GFL Environmental Inc                                                           | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |    183000 | PA      | $192245.00    | 1.00%             | 2031-01-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| GOODYEAR TIRE & RUBBER                    | Goodyear Tire & Rubber Co/The                                                   | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    190000 | PA      | $193245.94    | 1.00%             | 2030-07-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: —       |
| GRAY MEDIA INC                            | Gray Media Inc                                                                  | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    178000 | PA      | $191869.78    | 0.99%             | 2029-07-15      | Fixed         | 10.50%                | No            | 2                  | On Loan: No      |
| HERC HOLDINGS INC                         | Herc Holdings Inc                                                               | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    185000 | PA      | $195744.72    | 1.01%             | 2033-06-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: —       |
| HILCORP ENERGY I/HILCORP                  | Hilcorp Energy I LP / Hilcorp Finance Co                                        | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    177000 | PA      | $181645.29    | 0.94%             | 2033-11-01      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| HILTON DOMESTIC OPERATIN                  | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191825.74    | 0.99%             | 2032-04-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| HUB INTERNATIONAL LTD                     | HUB International Ltd                                                           | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    185000 | PA      | $193837.18    | 1.00%             | 2030-06-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| ICAHN ENTERPRISES/FIN                     | Icahn Enterprises LP / Icahn Enterprises Finance Corp                           | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $186214.07    | 0.96%             | 2029-11-15      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| ION PLAT FIN US/SARL                      | ION Platform Finance US Inc / ION Platform Finance SARL                         | CUSIP: 46206AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $183066.66    | 0.95%             | 2029-05-30      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| IQVIA INC                                 | IQVIA Inc                                                                       | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    185000 | PA      | $192710.44    | 1.00%             | 2030-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| IRON MOUNTAIN INC                         | Iron Mountain Inc                                                               | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    185000 | PA      | $190132.93    | 0.99%             | 2029-02-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| JANE STREET GRP/JSG FIN                   | Jane Street Group / JSG Finance Inc                                             | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $189625.35    | 0.98%             | 2031-04-30      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                    | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                  | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $195301.28    | 1.01%             | 2027-06-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| LEVEL 3 FINANCING INC                     | Level 3 Financing Inc                                                           | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    185000 | PA      | $189727.12    | 0.98%             | 2034-03-31      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| LIFEPOINT HEALTH INC                      | LifePoint Health Inc                                                            | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    168000 | PA      | $185339.41    | 0.96%             | 2030-10-15      | Fixed         | 11.00%                | No            | 2                  | On Loan: No      |
| MAUSER PACKAGING SOLUT                    | Mauser Packaging Solutions Holding Co                                           | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168536.23    | 0.87%             | 2030-04-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| MEDLINE BORROWER/MEDL CO                  | Medline Borrower LP/Medline Co-Issuer Inc                                       | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $191294.98    | 0.99%             | 2029-04-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| MELCO RESORTS FINANCE                     | Melco Resorts Finance Ltd                                                       | CUSIP: 58547DAH2<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    177000 | PA      | $183883.48    | 0.95%             | 2032-04-17      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                    | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $188933.64    | 0.98%             | 2031-03-01      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                  | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    178000 | PA      | $192389.04    | 1.00%             | 2032-01-15      | Fixed         | 10.88%                | No            | 2                  | On Loan: No      |
| CELANESE US HOLDINGS LLC                  | Celanese US Holdings LLC                                                        | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    186000 | PA      | $194341.99    | 1.01%             | 2033-11-15      | Fixed         | 7.20%                 | No            | 2                  | On Loan: No      |
| CIVITAS RESOURCES INC                     | Civitas Resources Inc                                                           | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    177000 | PA      | $191181.44    | 0.99%             | 2033-06-15      | Fixed         | 9.62%                 | No            | 2                  | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                  | Clear Channel Outdoor Holdings Inc                                              | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    177000 | PA      | $186564.64    | 0.97%             | 2030-04-01      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC                      | Cleveland-Cliffs Inc                                                            | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    188000 | PA      | $195309.80    | 1.01%             | 2034-01-15      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                  | American Airlines Inc/AAdvantage Loyalty IP Ltd                                 | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    188000 | PA      | $189983.33    | 0.98%             | 2029-04-20      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $192461.08    | 1.00%             | 2031-01-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                   | Allied Universal Holdco LLC                                                     | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    185000 | PA      | $195040.23    | 1.01%             | 2031-02-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Altice France SA                          | Altice France SA                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    188000 | PA      | $149085.45    | 0.77%             | 2027-02-01      | Fixed         | 8.12%                 | No            | 3                  | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                   | Avis Budget Car Rental LLC / Avis Budget Finance Inc                            | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    178000 | PA      | $183219.63    | 0.95%             | 2032-06-15      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| BALL CORP                                 | Ball Corp                                                                       | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    180000 | PA      | $185496.76    | 0.96%             | 2029-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| BAUSCH HEALTH COS INC                     | Bausch Health Cos Inc                                                           | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    172000 | PA      | $181146.98    | 0.94%             | 2028-09-30      | Fixed         | 11.00%                | No            | 2                  | On Loan: No      |
| BOMBARDIER INC                            | Bombardier Inc                                                                  | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $188899.00    | 0.98%             | 2030-11-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| SERVICE PROPERTIES TRUST                  | Service Properties Trust                                                        | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    187000 | PA      | $180115.89    | 0.93%             | 2032-06-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| SIRIUS XM RADIO LLC                       | Sirius XM Radio LLC                                                             | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    195000 | PA      | $196060.45    | 1.02%             | 2029-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                    | Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    187000 | PA      | $186764.00    | 0.97%             | 2032-05-01      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| BLOCK INC                                 | Block Inc                                                                       | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    186000 | PA      | $194478.99    | 1.01%             | 2032-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| STANDARD BUILDING SOLUTI                  | Standard Building Solutions Inc                                                 | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    185000 | PA      | $190948.56    | 0.99%             | 2032-08-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| STARWOOD PROPERTY TRUST                   | Starwood Property Trust Inc                                                     | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    180000 | PA      | $191023.05    | 0.99%             | 2029-04-01      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| SUNOCO LP                                 | Sunoco LP                                                                       | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    183000 | PA      | $193256.60    | 1.00%             | 2032-05-01      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                   | Talen Energy Supply LLC                                                         | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    175000 | PA      | $185709.81    | 0.96%             | 2030-06-01      | Fixed         | 8.62%                 | No            | 2                  | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                   | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                    | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    188000 | PA      | $194986.30    | 1.01%             | 2029-02-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| TENET HEALTHCARE CORP                     | Tenet Healthcare Corp                                                           | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    185000 | PA      | $192797.35    | 1.00%             | 2031-05-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC                             | TransDigm Inc                                                                   | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    183000 | PA      | $192122.02    | 1.00%             | 2031-12-01      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                  | Transocean Inc                                                                  | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    183000 | PA      | $190780.65    | 0.99%             | 2030-02-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account    | U.S. Bank Money Market Deposit Account                                          | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     15994 | NS      | $15993.50     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITED RENTALS NORTH AM                   | United Rentals North America Inc                                                | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    195000 | PA      | $192977.10    | 1.00%             | 2027-11-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| UNIVISION COMMUNICATIONS                  | Univision Communications Inc                                                    | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    177000 | PA      | $188539.36    | 0.98%             | 2032-08-01      | Fixed         | 9.38%                 | No            | 2                  | On Loan: No      |
| VZ SECURED FINANCING BV                   | VZ Secured Financing BV                                                         | CUSIP: 91845AAB1<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    187000 | PA      | $190900.67    | 0.99%             | 2033-01-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL PLAQUE                     | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    166000 | PA      | $185029.50    | 0.96%             | 2035-05-01      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                  | Venture Global Calcasieu Pass LLC                                               | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    185000 | PA      | $186937.02    | 0.97%             | 2030-01-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL LNG INC                    | Venture Global LNG Inc                                                          | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    178000 | PA      | $185348.03    | 0.96%             | 2032-02-01      | Fixed         | 9.88%                 | No            | 2                  | On Loan: No      |
| VIKING OCEAN CRUISES SHI                  | Viking Ocean Cruises Ship VII Ltd                                               | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    189000 | PA      | $188908.44    | 0.98%             | 2029-02-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| VISTRA OPERATIONS CO LLC                  | Vistra Operations Co LLC                                                        | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    180000 | PA      | $191321.34    | 0.99%             | 2031-10-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| VODAFONE GROUP PLC                        | Vodafone Group PLC                                                              | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    177000 | PA      | $186570.82    | 0.97%             | 2079-04-04      | Variable      | 7.00%                 | No            | 2                  | On Loan: No      |
| VMED O2 UK FINANCING I                    | Vmed O2 UK Financing I PLC                                                      | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    177000 | PA      | $183750.40    | 0.95%             | 2032-04-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| WESCO DISTRIBUTION INC                    | WESCO Distribution Inc                                                          | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187772.84    | 0.97%             | 2028-06-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| 1011778 BC / NEW RED FIN                  | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    185000 | PA      | $190449.48    | 0.99%             | 2029-06-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-26

**Name of Applicant:** RBB Fund, Inc.

**Signature:** /s/ James G. Shaw

**Name of Signer:** RBB Fund, Inc.

**Title:** CFO COO Secretary