# EDGAR Filing Document

**Accession Number:** 0001388485
**File Stem:** 0001752724-23-063335
**Filing Date:** 2023-3
**Character Count:** 35602
**Document Hash:** 7c05422050efac04ddb0771ee3d66564
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-063335.hdr.sgml**: 20230322

**ACCESSION NUMBER**: 0001752724-23-063335

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230322

**DATE AS OF CHANGE**: 20230322

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FundVantage Trust
- **CENTRAL INDEX KEY:** 0001388485
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22027
- **FILM NUMBER:** 23752242

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** 3027911906

**MAIL ADDRESS:**
- **STREET 1:** 301 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### EIC Value Fund (Series ID: S000031985)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000099566 | Class A             | EICVX           |
| C000099567 | Class C             | EICCX           |
| C000099569 | Institutional Class | EICIX           |

## Nport-Ex

EIC VALUE FUND

#### Portfolio of Investments

#### January 31, 2023
(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number<br> of Shares** | **Value** |
| **COMMON STOCKS — 92.5%** | **COMMON STOCKS — 92.5%** | **COMMON STOCKS — 92.5%** |
| **Basic Materials — 3.2%** | **Basic Materials — 3.2%** | **Basic Materials — 3.2%** |
| Barrick Gold Corp. | &nbsp;&nbsp;&nbsp;&nbsp;184525 | $3607464 |
| PPG Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5130834 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8738298 |
| **Communications — 12.5%** | **Communications — 12.5%** | **Communications — 12.5%** |
| AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;553850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11281923 |
| Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4070029 |
| Meta Platforms, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7691917 |
| Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;272735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11337594 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34381463 |
| **Consumer, Cyclical — 3.2%** | **Consumer, Cyclical — 3.2%** | **Consumer, Cyclical — 3.2%** |
| Dollar Tree, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4618035 |
| Honda Motor Co. Ltd., SP ADR | &nbsp;&nbsp;&nbsp;&nbsp;167605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4159956 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8777991 |
| **Consumer, Non-cyclical — 21.4%** | **Consumer, Non-cyclical — 21.4%** | **Consumer, Non-cyclical — 21.4%** |
| AmerisourceBergen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7142784 |
| Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6974550 |
| GSK PLC, SP ADR | &nbsp;&nbsp;&nbsp;&nbsp;267611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9435964 |
| Haleon PLC, SP ADR <sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;316155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2560856 |
| Ingredion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8857248 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3253692 |
| Medtronic PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6898148 |
| Sanofi, SP ADR | &nbsp;&nbsp;&nbsp;&nbsp;158480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7787707 |
| Unilever PLC, SP ADR | &nbsp;&nbsp;&nbsp;&nbsp;118950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6078345 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58989294 |
| **Energy — 10.3%** | **Energy — 10.3%** | **Energy — 10.3%** |
| Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;275913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6906102 |
| Shell PLC, SP ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4462209 |
| TotalEnergies SE, SP ADR | &nbsp;&nbsp;&nbsp;&nbsp;154075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9558813 |
| Williams Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;234350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7555444 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28482568 |
| **Financial — 28.7%** | **Financial — 28.7%** | **Financial — 28.7%** |
| AGNC Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;568040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6589264 |
| American Express Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6155787 |
| Charles Schwab Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5811532 |
| Empire State Realty Trust, Inc., Class A, REIT | &nbsp;&nbsp;&nbsp;&nbsp;420175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3504260 |
| Globe Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6469946 |
| Hartford Financial Services Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7718315 |
| Jones Lang LaSalle, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5926932 |
| PNC Financial Services Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6508843 |
| Travelers Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7802474 |
| Truist Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;108892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5378176 |

---

---

| | | |
|:---|:---|:---|
|  | **Number<br> of Shares** | **Value** |
| **COMMON STOCKS — (Continued)** | **COMMON STOCKS — (Continued)** | **COMMON STOCKS — (Continued)** |
| **Financial — (Continued)** | **Financial — (Continued)** | **Financial — (Continued)** |
| US Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;176215 | $8775507 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;&nbsp;178825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8381528 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79022564 |
| **Industrial — 7.4%** | **Industrial — 7.4%** | **Industrial — 7.4%** |
| FedEx Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4531477 |
| General Dynamics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6229694 |
| Oshkosh Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5744460 |
| United Parcel Service, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3728680 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20234311 |
| **Technology — 2.2%** | **Technology — 2.2%** | **Technology — 2.2%** |
| Fidelity National Information Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5997572 |
| **Utilities — 3.6%** | **Utilities — 3.6%** | **Utilities — 3.6%** |
| Constellation Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1854702 |
| National Fuel Gas Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3830509 |
| OGE Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550480 |
| PPL Corp. | &nbsp;&nbsp;&nbsp;&nbsp;123550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3657080 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9892771 |
| &nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS<br> (Cost $192,184,932) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254516832 |
| **SHORT-TERM INVESTMENT — 7.1%** | **SHORT-TERM INVESTMENT — 7.1%** | **SHORT-TERM INVESTMENT — 7.1%** |
| **Money Market Fund — 7.1%** | **Money Market Fund — 7.1%** | **Money Market Fund — 7.1%** |
| Dreyfus Institutional Preferred Treasury Securities Money Market Fund, Hamilton Shares 4.25%<sup>(a)</sup> | 19504578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19504578 |
| &nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENT<br> (Cost $19,504,578) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19504578 |
| TOTAL INVESTMENTS - 99.6%<br> (Cost $211,689,510) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274021410 |
| OTHER ASSETS IN EXCESS OF LIABILITIES - 0.4% |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 995790 |
| NET ASSETS - 100.0% |  | &nbsp;&nbsp;&nbsp;&nbsp;$275017200 |

---

------

<sup>\*</sup> Non-income producing. <br> <sup>(a)</sup> Rate disclosed is the 7-day yield at January 31, 2023.

PLC Public Limited Company <br> REIT Real Estate Investment Trust <br> SP ADR Sponsored American Depository Receipt

See accompanying Notes to the Quarterly Portfolio of Investments.

------

EIC VALUE FUND

#### Notes to the Quarterly Portfolio of Investments

#### January 31, 2023
(Unaudited)

A. Portfolio Valuation:

***Portfolio Valuation – The EIC Value Fund's (the "Fund") net asset value ("NAV") is calculated once daily at the close of regular trading hours on the New York Stock Exchange ("NYSE") (typically 4:00 p.m. Eastern time) on each day the NYSE is open. Securities held by the Fund are valued using the closing price or the last sale price on a national securities exchange or the National Association of Securities Dealers Automatic Quotation System ("NASDAQ") market system where they are primarily traded. Equity securities traded in the over-the-counter ("OTC") market are valued at their closing prices. If there were no transactions on that day, securities traded principally on an exchange or on NASDAQ will be valued at the mean of the last bid and ask prices prior to the market close. Fixed income securities having a remaining maturity of greater than 60 days are valued using an independent pricing service. Investments in other open-end investment companies are valued based on the NAV of the investment companies (which may use fair value pricing as discussed in their prospectuses). Securities that do not have a readily available current market value are valued in good faith by the Adviser as "valuation designee" under the oversight of the Trust's Board of Trustees. Relying on prices supplied by pricing services or dealers or using fair valuation may result in values that are higher or lower than the values used by other investment companies and investors to price the same investments. The Adviser has adopted written policies and procedures for valuing securities and other assets in circumstances where market quotes are not readily available. In the event that market quotes are not readily available, and the security or asset cannot be valued pursuant to one of the valuation methods, the value of the security or asset will be determined in good faith by the Adviser pursuant to its policies and procedures. On a quarterly basis, the Adviser's fair valuation determinations will be reviewed by the Trust's Board of Trustees.***

***Fair Value Measurements — The inputs and valuation techniques used to measure fair value of the Fund's investments are summarized into three levels as described in the hierarchy below:***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 — quoted prices in active markets for identical securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Transfers in and out are recognized at the value at the end of the period.

The following is a summary of the inputs used, as of January 31, 2023, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total<br> Value at<br> 01/31/23** | &nbsp;&nbsp;**Level 1<br> Quoted<br> Prices** | &nbsp;&nbsp;**Level 2<br> Other<br> Significant<br> Observable<br> Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable<br> Inputs** |
| **Assets** |  |  |  |  |
| Common Stocks<sup>\*</sup> | $254516832 | &nbsp;&nbsp;$254516832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Short-Term Investments<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19504578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19504578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total Assets | $274021410 | &nbsp;&nbsp;$274021410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

------

<sup>\*</sup> Please refer to Portfolio of Investments for further details on portfolio holdings.

At the end of each quarter, management evaluates the classification of Levels 1, 2 and 3 assets and liabilities. Various factors are considered, such as changes in liquidity from the prior reporting period; whether or not a broker is willing to execute at the quoted price; the depth and consistency of prices from third-party pricing services; and the existence of contemporaneous, observable trades in the market. Additionally, management evaluates the classification of Level 1 and Level 2 assets and liabilities on a quarterly basis for changes in listings or delistings on national exchanges.

------

EIC VALUE FUND

#### Notes to the Quarterly Portfolio of Investments (Concluded)

#### January 31, 2023
(Unaudited)

Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Fund's investments may fluctuate from period to period. Additionally, the fair value of investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values the Fund may ultimately realize. Further, such investments may be subject to legal and other restrictions on resale or are otherwise less liquid than publicly traded securities.

For fair valuations using significant unobservable inputs, U.S. generally accepted accounting principles ("U.S. GAAP") require the Fund to present a reconciliation of the beginning to ending balances for reported market values that present changes attributable to total realized and unrealized gains or losses, purchase and sales, and transfers in and out of Level 3 during the period. A reconciliation of Level 3 investments is presented only when the Fund had an amount of Level 3 investments at the end of the reporting period that was meaningful in relation to its net assets. The amounts and reasons for all transfers in and out of Level 3 are disclosed when the Fund had an amount of transfers during the reporting period that was meaningful in relation to its net assets as of the end of the reporting period.

For the period ended January 31, 2023, there were no transfers in or out of Level 3.

For more information with regard to significant accounting policies, see the most recent semi-annual or annual report filed with the Securities and Exchange Commission.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FundVantage Trust

- **b. Investment Company Act file number:** 811-22027

- **c. CIK number of Registrant:** 0001388485

- **d. LEI of Registrant:** 549300C6U7XKIL1IY249

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

  - **Street Address 1:** 301 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 856-528-3500

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

- **a. Name of Series:** EIC Value Fund

- **b. EDGAR series identifier (if any):** S000031985

- **c. LEI of Series:** 549300LM0DMER71Z4U81

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $275633642.93

**Total Liabilities:** $507916.41

**Net Assets:** $275125726.52

**Cash Not Reported:** $762029.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000099566 | 5.76%                | -2.57%               | 5.60%                |
| Class ID C000099569 | 5.82%                | -2.57%               | 5.59%                |
| Class ID C000099567 | 5.71%                | -2.64%               | 5.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3169317.66              | $10413996.28                               |
| Month 2  | $-1336702.85             | $-5930495.60                               |
| Month 3  | $-348670.73              | $14517498.76                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jones Lang LaSalle Inc                                                | Jones Lang LaSalle Inc                                                | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     32060 | NS      | $5926932.20   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                                                         | Ingredion Inc                                                         | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     86160 | NS      | $8857248.00   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                                              | AT&T Inc                                                              | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    553850 | NS      | $11281924.50  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                                                   | American Express Co                                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     35190 | NS      | $6155786.70   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                                                 | Travelers Cos Inc/The                                                 | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     40825 | NS      | $7802474.00   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                                      | TotalEnergies SE                                                      | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    154075 | NS      | $9558813.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                                                   | Global Payments Inc                                                   | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     61875 | NS      | $6974550.00   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                                                  | AGNC Investment Corp                                                  | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |    568040 | NS      | $6589264.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                                                          | Oshkosh Corp                                                          | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     57000 | NS      | $5744460.00   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co Ltd                                                    | Honda Motor Co Ltd                                                    | CUSIP: 438128308<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |    167605 | NS      | $4159956.10   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                     | Johnson & Johnson                                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     19910 | NS      | $3253692.20   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                                                        | Globe Life Inc                                                        | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     53537 | NS      | $6469946.45   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc                                                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     51634 | NS      | $7691916.98   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                                            | Haleon PLC                                                            | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    316155 | NS      | $2560855.50   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co                                                      | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    178825 | NS      | $8381527.75   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                                                 | Truist Financial Corp                                                 | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    108892 | NS      | $5378175.88   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corp                                                | AmerisourceBergen Corp                                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     42275 | NS      | $7142784.00   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                                                       | OGE Energy Corp                                                       | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |     14000 | NS      | $550480.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Gr                                        | Hartford Financial Services Group Inc/The                             | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     99450 | NS      | $7718314.50   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                                         | Medtronic PLC                                                         | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     82425 | NS      | $6898148.25   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I                                        | PNC Financial Services Group Inc/The                                  | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     39345 | NS      | $6508843.35   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                                               | GSK PLC                                                               | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    267611 | NS      | $9435963.86   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                                                    | PPG Industries Inc                                                    | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     39365 | NS      | $5130834.10   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                                     | Cisco Systems Inc                                                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     83625 | NS      | $4070028.75   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                                          | Unilever PLC                                                          | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    118950 | NS      | $6078345.00   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                                       | Dollar Tree Inc                                                       | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     30750 | NS      | $4618035.00   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi                                                                | Sanofi                                                                | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    158480 | NS      | $7787707.20   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                                                 | General Dynamics Corp                                                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     26730 | NS      | $6229693.80   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Institutional Preferred Treasury Securities Money Market Fund | Dreyfus Institutional Preferred Treasury Securities Money Market Fund | CUSIP: 177366507<br>LEI: 549300DSYV8MU0X3LK77 | Long             | STIV             | RF                | US        |  19426519 | NS      | $19426518.66  | 7.06%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                                             | United Parcel Service Inc                                             | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     20130 | NS      | $3728679.90   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc                                         | Empire State Realty Trust Inc                                         | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |    420175 | NS      | $3504259.50   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                                                  | Williams Cos Inc/The                                                  | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    234350 | NS      | $7555444.00   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                                                  | National Fuel Gas Co                                                  | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     65975 | NS      | $3830508.50   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information                                         | Fidelity National Information Services Inc                            | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     79925 | NS      | $5997572.00   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                                            | FedEx Corp                                                            | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     23375 | NS      | $4531477.50   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                                                    | Coterra Energy Inc                                                    | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    275913 | NS      | $6906102.39   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                                            | Verizon Communications Inc                                            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    272735 | NS      | $11337593.95  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                                             | Shell PLC                                                             | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     75875 | NS      | $4462208.75   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                            | US Bancorp                                                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    176215 | NS      | $8775507.00   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                                             | Constellation Energy Corp                                             | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     21728 | NS      | $1854702.08   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp                                                     | Barrick Gold Corp                                                     | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    184525 | NS      | $3607463.75   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                                                              | PPL Corp                                                              | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    123550 | NS      | $3657080.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                               | Charles Schwab Corp/The                                               | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     75065 | NS      | $5811532.30   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-17

**Name of Applicant:** FundVantage Trust

**Signature:** T. Richard Keyes

**Name of Signer:** T. Richard Keyes

**Title:** Treasurer and Chief Financial Officer