# EDGAR Filing Document

**Accession Number:** 0000796229
**File Stem:** 0001752724-23-050024
**Filing Date:** 2023-3
**Character Count:** 41817
**Document Hash:** 8396fbe6c27ec9863ff61cbd772bd23c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-050024.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-050024

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TETON WESTWOOD FUNDS
- **CENTRAL INDEX KEY:** 0000796229
- **IRS NUMBER:** 133625130
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04719
- **FILM NUMBER:** 23692260

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 8004223554

**MAIL ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GAMCO WESTWOOD FUNDS
- **DATE OF NAME CHANGE:** 20091130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTWOOD FUNDS
- **DATE OF NAME CHANGE:** 20060621

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GABELLI WESTWOOD FUNDS
- **DATE OF NAME CHANGE:** 19980304

## Series and Classes Contracts Data

### TETON Convertible Securities Fund (Series ID: S000001082)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000002919 | CLASS A      | WEIAX           |
| C000002921 | CLASS C      | WEICX           |
| C000002922 | CLASS AAA    | WESRX           |
| C000061065 | Class I      | WESIX           |

## Nport-Ex

#### TETON

#### Convertible

#### Securities

#### Fund

#### Schedule

#### of

#### Investments—December

#### 31,

#### 2022
(Unaudited)

#### Principal

#### Amount

#### Market

#### Value

#### CONVERTIBLE

#### CORPORATE

#### BONDS

#### —

#### 93.8%

#### Airlines

#### —

#### 1.1%
$

300,000

Southwest

Airlines

Co.,

1.250%,

05/01/25

..............................................

$

361,425

#### Business

#### Services

#### —

#### 2.4%
1,000,000

Kaleyra

Inc.,

6.125%,

06/01/26(a)

.........................................

782,589

#### Cable

#### and

#### Satellite

#### —

#### 2.8%
700,000

DISH

Network

Corp.,

Zero

Coupon,

12/15/25

...................................

450,100

500,000

Liberty

Media

Corp.-Liberty

Formula

One,

2.250%,

08/15/27(a)

.........................................

480,250

930,350

#### Communications

#### Equipment

#### —

#### 4.0%
500,000

InterDigital

Inc.,

3.500%,

06/01/27(a)

.........................................

475,000

554,000

Lumentum

Holdings

Inc.,

0.500%,

06/15/28(a)

.........................................

422,093

500,000

Radius

Global

Infrastructure

Inc.,

2.500%,

09/15/26(a)

.........................................

440,923

1,338,016

#### Computer

#### Software

#### and

#### Services

#### —

#### 27.6%
300,000

Akamai

Technologies

Inc.,

0.375%,

09/01/27

..............................................

290,400

700,000

Bandwidth

Inc.,

0.250%,

03/01/26

..............................................

531,160

780,000

Cardlytics

Inc.,

1.000%,

09/15/25

..............................................

337,350

500,000

Edgio

Inc.,

3.500%,

08/01/25

..............................................

429,755

360,000

fuboTV

Inc.,

3.250%,

02/15/26

..............................................

169,200

500,000

i3

Verticals

LLC,

1.000%,

02/15/25

..............................................

453,750

750,000

Match

Group

Financeco

Inc.,

2.000%,

01/15/30(a)

.........................................

650,250

300,000

MercadoLibre

Inc.,

2.000%,

08/15/28

..............................................

609,450

205,000

Nice

Systems

Inc.,

1.250%,

01/15/24

..............................................

470,219

1,000,000

PAR

Technology

Corp.,

2.875%,

04/15/26

..............................................

942,500

1,000,000

Perficient

Inc.,

0.125%,

11/15/26

..............................................

777,500

860,000

Progress

Software

Corp.,

1.000%,

04/15/26

..............................................

883,220

465,000

PROS

Holdings

Inc.,

2.250%,

09/15/27

..............................................

409,897

925,000

Verint

Systems

Inc.,

0.250%,

04/15/26

..............................................

809,375

1,056,000

Veritone

Inc.,

1.750%,

11/15/26

..............................................

641,520

600,000

Workiva

Inc.,

1.125%,

08/15/26

..............................................

742,800

9,148,346

#### Consumer

#### Services

#### —

#### 9.2%
1,100,000

2U

Inc.,

2.250%,

05/01/25

..............................................

716,650

400,000

Marriott

Vacations

Worldwide

Corp.,

3.250%,

12/15/27(a)

.........................................

396,000

#### Principal

#### Amount

#### Market

#### Value
NCL

Corp.

Ltd.

$

250,000

5.375%,

08/01/25

..............................................

$

253,375

223,000

1.125%,

02/15/27

..............................................

152,487

600,000

Royal

Caribbean

Cruises

Ltd.,

6.000%,

08/15/25(a)

.........................................

756,600

850,000

Stride

Inc.,

1.125%,

09/01/27

..............................................

761,260

3,036,372

#### Diversified

#### Industrial

#### —

#### 3.3%
485,000

Bloom

Energy

Corp.,

2.500%,

08/15/25

..............................................

655,041

150,000

Chart

Industries

Inc.,

1.000%,

11/15/24(a)

.........................................

298,650

165,000

Xometry

Inc.,

1.000%,

02/01/27(a)

.........................................

140,183

1,093,874

#### Energy

#### and

#### Utilities:

#### Integrated

#### —

#### 6.5%
878,000

Array

Technologies

Inc.,

1.000%,

12/01/28

..............................................

896,877

425,000

NextEra

Energy

Partners

LP,

2.500%,

06/15/26(a)

.........................................

398,650

375,000

Ormat

Technologies

Inc.,

2.500%,

07/15/27(a)

.........................................

438,000

500,000

Sunnova

Energy

International

Inc.,

2.625%,

02/15/28(a)

.........................................

406,250

2,139,777

#### Energy

#### and

#### Utilities:

#### Services

#### —

#### 1.6%
500,000

Northern

Oil

and

Gas

Inc.,

3.625%,

04/15/29(a)

.........................................

540,000

#### Financial

#### Services

#### —

#### 5.6%
385,000

Digitalbridge

Operating

Co.

LLC,

5.750%,

07/15/25

..............................................

531,105

200,000

Envestnet

Inc.,

2.625%,

12/01/27(a)

.........................................

215,600

250,000

LendingTree

Inc.,

0.500%,

07/15/25

..............................................

183,150

750,000

SoFi

Technologies

Inc.,

Zero

Coupon,

10/15/26(a)

..............................

517,125

750,000

Upstart

Holdings

Inc.,

0.250%,

08/15/26

..............................................

397,500

1,844,480

#### Food

#### and

#### Beverage

#### —

#### 1.8%
200,000

Post

Holdings

Inc.,

2.500%,

08/15/27(a)

.........................................

211,040

400,000

The

Chefs'

Warehouse

Inc.,

2.375%,

12/15/28(a)

.........................................

401,760

612,800

#### Health

#### Care

#### —

#### 13.0%
505,000

Coherus

Biosciences

Inc.,

1.500%,

04/15/26

..............................................

332,038

350,000

CONMED

Corp.,

2.625%,

02/01/24

..............................................

398,300

Cutera

Inc.

300,000

2.250%,

03/15/26

..............................................

445,050

250,000

2.250%,

06/01/28(a)

.........................................

267,000

255,000

4.000%,

06/01/29(a)

.........................................

260,890

400,000

Halozyme

Therapeutics

Inc.,

1.000%,

08/15/28(a)

.........................................

473,250

500,000

Insulet

Corp.,

0.375%,

09/01/26

..............................................

708,500

#### TETON

#### Convertible

#### Securities

#### Fund

#### Schedule

#### of

#### Investments

#### (Continued)—December

#### 31,

#### 2022
(Unaudited)

#### Acquisition

#### Shares
Issuer

#### Acquisition

#### Dates

#### Acquisition

#### Cost

#### 12/31/22

#### Carrying

#### Value

#### Per

#### Share
980

2020

Cash

Mandatory

Exchangeable

Trust,

5.250%,

06/01/23

........

06/24/20

-

09/30/20

$1,009,645

$1,146.5200

#### __________

#### Principal

#### Amount

#### Market

#### Value

#### CONVERTIBLE

#### CORPORATE

#### BONDS
(Continued)

#### Health

#### Care
(Continued)

$

365,000

Invacare

Corp.,

4.250%,

03/15/26

..............................................

$

173,751

400,000

Lantheus

Holdings

Inc.,

2.625%,

12/15/27(a)

.........................................

404,760

640,000

PetIQ

Inc.,

4.000%,

06/01/26

..............................................

534,400

255,000

Sarepta

Therapeutics

Inc.,

1.250%,

09/15/27(a)

.........................................

295,162

4,293,101

#### Materials

#### —

#### 0.1%
110,000

Danimer

Scientific

Inc.,

3.250%,

12/15/26(a)

.........................................

42,735

#### Real

#### Estate

#### Investment

#### Trusts

#### —

#### 2.1%
200,000

Pebblebrook

Hotel

Trust,

1.750%,

12/15/26

..............................................

165,500

250,000

Redwood

Trust

Inc.,

7.750%,

06/15/27(a)

.........................................

212,825

385,000

Summit

Hotel

Properties

Inc.,

1.500%,

02/15/26

..............................................

330,715

709,040

#### Security

#### Software

#### —

#### 3.4%
430,000

Nice

Ltd.,

Zero

Coupon,

09/15/25

...................................

407,425

675,000

Zscaler

Inc.,

0.125%,

07/01/25

..............................................

712,125

1,119,550

#### Semiconductors

#### —

#### 7.2%
750,000

Impinj

Inc.,

1.125%,

05/15/27

..............................................

903,750

500,000

indie

Semiconductor

Inc.,

4.500%,

11/15/27(a)

.........................................

494,500

400,000

Semtech

Corp.,

1.625%,

11/01/27(a)

.........................................

411,000

Wolfspeed

Inc.

579,000

0.250%,

02/15/28(a)

.........................................

501,993

100,000

1.875%,

12/01/29(a)

.........................................

90,550

2,401,793

#### Telecommunications

#### —

#### 2.1%
Infinera

Corp.

500,000

2.500%,

03/01/27

..............................................

558,843

100,000

3.750%,

08/01/28(a)

.........................................

124,440

683,283

#### TOTAL

#### CONVERTIBLE

#### CORPORATE

#### BONDS

#### ...........................................................
31,077,531

#### Shares

#### MANDATORY

#### CONVERTIBLE

#### SECURITIES
(b) —

#### 6.2%

#### Diversified

#### Industrial

#### —

#### 1.1%
7,000

Chart

Industries

Inc.,

Ser.

B,

6.750%,

12/15/25

..............................................

354,480

#### Energy

#### and

#### Utilities:

#### Integrated

#### —

#### 0.7%
5,000

NextEra

Energy

Inc.,

6.926%,

09/01/25

..............................................

250,950

#### Energy

#### and

#### Utilities:

#### Services

#### —

#### 1.0%
6,745

Spire

Inc.,

Ser.

A,

7.500%,

03/01/24

..............................................

336,778

#### Shares

#### Market

#### Value

#### Financial

#### Services

#### —

#### 3.4%
980

2020

Cash

Mandatory

Exchangeable

Trust,

5.250%,

06/01/23(a)(c)

.....................................

$

1,123,589

#### TOTAL

#### MANDATORY

#### CONVERTIBLE

#### SECURITIES

#### ..................................................
2,065,797

#### TOTAL

#### INVESTMENTS

#### —

#### 100.0%
(Cost

$34,239,304)

...........................................

$

33,143,328

(a) Securities

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

(b) Mandatory

convertible

securities

are

required

to

be

converted

on

the

dates

listed;

they

generally

may

be

converted

prior

to

these

dates

at

the

option

of

the

holder.

(c) At

December

31,

2022,

the

Fund

held

an

investment

in

a

restricted

and

illiquid

security

amounting

to

$1,123,589

or

3.39%

of

total

investments,

which

was

valued

under

methods

approved

by

the

Board

of

Trustees

as

follows:

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Teton Westwood Funds

- **b. Investment Company Act file number:** 811-04719

- **c. CIK number of Registrant:** 0000796229

- **d. LEI of Registrant:** 549300F5AG1CXKI4KV24

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

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

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

- **a. Name of Series:** TETON Convertible Securities Fund

- **b. EDGAR series identifier (if any):** S000001082

- **c. LEI of Series:** 549300865NLDDOK77H40

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-30

**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:** $34470198.59

**Total Liabilities:** $690028.63

**Net Assets:** $33780169.96

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 23.13350000 | **5-Year:** 3.09495000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 94.26966000 | **1-Year:** 2173.70484000 | **5-Year:** 932.16631000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002919 | 3.45%                | 2.17%                | -3.83%               |
| Class ID C000002921 | 3.42%                | 2.08%                | -3.93%               |
| Class ID C000061065 | 3.50%                | 2.14%                | -3.81%               |
| Class ID C000002922 | 3.51%                | 2.13%                | -3.82%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-67094.98               | $1381145.16                                |
| Month 2  | $211721.62               | $564100.02                                 |
| Month 3  | $253666.58               | $-1701402.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CUTERA INC                  | Cutera Inc                             | CUSIP: 232109AF5<br>LEI: 529900NPKPEWJWR21Z42 | Long             | DBT              | CORP              | US        |    255000 | PA      | $260890.50    | 0.77%             | 2029-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CHEFS' WAREHOUSE THE        | Chefs' Warehouse Inc/The               | CUSIP: 163086AD3<br>LEI: 549300JYEDC8C547E980 | Long             | DBT              | CORP              | US        |    400000 | PA      | $401760.00    | 1.19%             | 2028-12-15      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| PETIQ INC                   | PetIQ Inc                              | CUSIP: 71639TAB2<br>LEI: 549300GROACFGKVYOX14 | Long             | DBT              | CORP              | US        |    640000 | PA      | $534400.00    | 1.58%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION         | Insulet Corp                           | CUSIP: 45784PAK7<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    500000 | PA      | $708500.00    | 2.10%             | 2026-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| REDWOOD TRUST INC           | Redwood Trust Inc                      | CUSIP: 758075AE5<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $212825.00    | 0.63%             | 2027-06-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| HALOZYME THERAPEUTICS IN    | Halozyme Therapeutics Inc              | CUSIP: 40637HAE9<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |    400000 | PA      | $473250.00    | 1.40%             | 2028-08-15      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| ARRAY TECHNOLOGIES INC      | Array Technologies Inc                 | CUSIP: 04271TAB6<br>LEI: 549300JM5FECYJQ85V37 | Long             | DBT              | CORP              | US        |    878000 | PA      | $896877.00    | 2.66%             | 2028-12-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ENVESTNET INC               | Envestnet Inc                          | CUSIP: 29404KAF3<br>LEI: 549300HLWZ5OKIDM8737 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215600.00    | 0.64%             | 2027-12-01      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION LTD         | NCL Corp Ltd                           | CUSIP: 62886HBD2<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    223000 | PA      | $152487.40    | 0.45%             | 2027-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| MARRIOTT VACATION WORLDW    | Marriott Vacations Worldwide Corp      | CUSIP: 57164YAE7<br>LEI: 549300WA6BT5H4F7IO94 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396000.00    | 1.17%             | 2027-12-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| INVACARE CORP               | Invacare Corp                          | CUSIP: 461203AQ4<br>LEI: 549300NNUTG7HCZICS76 | Long             | DBT              | CORP              | US        |    365000 | PA      | $173750.70    | 0.51%             | 2026-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC        | Chart Industries Inc                   | CUSIP: 16115QAD2<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    150000 | PA      | $298650.00    | 0.88%             | 2024-11-15      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| IMPINJ INC                  | Impinj Inc                             | CUSIP: 453204AD1<br>LEI: 549300M26VGKSMMWWN17 | Long             | DBT              | CORP              | US        |    750000 | PA      | $903750.00    | 2.68%             | 2027-05-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| STRIDE INC                  | Stride Inc                             | CUSIP: 86333MAA6<br>LEI: 254900BRWS3AFONWU277 | Long             | DBT              | CORP              | US        |    850000 | PA      | $761260.00    | 2.25%             | 2027-09-01      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| LENDINGTREE INC             | LendingTree Inc                        | CUSIP: 52603BAD9<br>LEI: 549300ISY5YHUJZTON08 | Long             | DBT              | CORP              | US        |    250000 | PA      | $183150.00    | 0.54%             | 2025-07-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| VERINT SYSTEMS INC          | Verint Systems Inc                     | CUSIP: 92343XAC4<br>LEI: 549300KEQJS5FRVUCO94 | Long             | DBT              | CORP              | US        |    925000 | PA      | $809375.00    | 2.40%             | 2026-04-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| 2U INC                      | 2U Inc                                 | CUSIP: 90214JAB7<br>LEI: 5493008RVTXVR43PYF84 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $716650.00    | 2.12%             | 2025-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY MEDIA CORP          | Liberty Media Corp-Liberty Formula One | CUSIP: 531229AL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $480250.00    | 1.42%             | 2027-08-15      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| BANDWIDTH INC               | Bandwidth Inc                          | CUSIP: 05988JAB9<br>LEI: 549300QC70JB7MUGXM66 | Long             | DBT              | CORP              | US        |    700000 | PA      | $531160.00    | 1.57%             | 2026-03-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| DANIMER SCIENTIFIC INC      | Danimer Scientific Inc                 | CUSIP: 236272AA8<br>LEI: 549300L6Q02MAX72BH35 | Long             | DBT              | CORP              | US        |    110000 | PA      | $42735.00     | 0.13%             | 2026-12-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| UPSTART HOLDINGS INC        | Upstart Holdings Inc                   | CUSIP: 91680MAB3<br>LEI: 549300WNB47JRNENIC75 | Long             | DBT              | CORP              | US        |    750000 | PA      | $397500.00    | 1.18%             | 2026-08-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| PERFICIENT INC              | Perficient Inc                         | CUSIP: 71375UAF8<br>LEI: 549300HTBXKL2755T650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $777500.00    | 2.30%             | 2026-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP           | DISH Network Corp                      | CUSIP: 25470MAF6<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    700000 | PA      | $450100.00    | 1.33%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LANTHEUS HOLDINGS INC       | Lantheus Holdings Inc                  | CUSIP: 516544AA1<br>LEI: 5299005HUB5IOJGO7S39 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404760.00    | 1.20%             | 2027-12-15      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| MERCADOLIBRE INC            | MercadoLibre Inc                       | CUSIP: 58733RAD4<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |    300000 | PA      | $609450.00    | 1.80%             | 2028-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| XOMETRY INC                 | Xometry Inc                            | CUSIP: 98423FAA7<br>LEI: 5493006JFRGU7YRRXE44 | Long             | DBT              | CORP              | US        |    165000 | PA      | $140182.94    | 0.41%             | 2027-02-01      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| LUMENTUM HOLDINGS INC       | Lumentum Holdings Inc                  | CUSIP: 55024UAE9<br>LEI: 549300JLWRRC38DWEF52 | Long             | DBT              | CORP              | US        |    554000 | PA      | $422092.60    | 1.25%             | 2028-06-15      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| ZSCALER INC.                | Zscaler Inc                            | CUSIP: 98980GAB8<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | DBT              | CORP              | US        |    675000 | PA      | $712125.00    | 2.11%             | 2025-07-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| KALEYRA INC                 | Kaleyra Inc                            | CUSIP: 483379AA1<br>LEI: 549300Q16CZ1PDK9BL93 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $782588.61    | 2.32%             | 2026-06-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CONMED CORP                 | CONMED Corp                            | CUSIP: 207410AF8<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | DBT              | CORP              | US        |    350000 | PA      | $398300.00    | 1.18%             | 2024-02-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| NICE SYSTEMS INC            | Nice Systems Inc                       | CUSIP: 65366HAB9<br>LEI: 254900T6KBE4O3728267 | Long             | DBT              | CORP              | US        |    205000 | PA      | $470218.75    | 1.39%             | 2024-01-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| INDIE SEMICONDUCTOR INC     | indie Semiconductor Inc                | CUSIP: 45569UAA9<br>LEI: 254900L1MFXFYGB1PV53 | Long             | DBT              | CORP              | US        |    500000 | PA      | $494500.00    | 1.46%             | 2027-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| INFINERA CORP               | Infinera Corp                          | CUSIP: 45667GAE3<br>LEI: 549300ZOF66WPV3H0H17 | Long             | DBT              | CORP              | US        |    500000 | PA      | $558842.82    | 1.65%             | 2027-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTERDIGITAL INC            | InterDigital Inc                       | CUSIP: 45867GAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $475000.00    | 1.41%             | 2027-06-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC     | Akamai Technologies Inc                | CUSIP: 00971TAL5<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |    300000 | PA      | $290400.00    | 0.86%             | 2027-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES     | Summit Hotel Properties Inc            | CUSIP: 866082AA8<br>LEI: 254900OBQWJK6X20LS71 | Long             | DBT              | CORP              | US        |    385000 | PA      | $330715.00    | 0.98%             | 2026-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD         | NCL Corp Ltd                           | CUSIP: 62886HAX9<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $253375.00    | 0.75%             | 2025-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAREPTA THERAPEUTICS INC    | Sarepta Therapeutics Inc               | CUSIP: 803607AC4<br>LEI: 549300IKDPIED8J8IG21 | Long             | DBT              | CORP              | US        |    255000 | PA      | $295162.50    | 0.87%             | 2027-09-15      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| VERITONE INC                | Veritone Inc                           | CUSIP: 92347MAB6<br>LEI: 549300XTAS2FCSL4EL89 | Long             | DBT              | CORP              | US        |   1056000 | PA      | $641520.00    | 1.90%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| DIGITALBRIDGE OPERATE       | Digitalbridge Operating Co LLC         | CUSIP: 19626LAA5<br>LEI: 5493003D7P9HVU22YM89 | Long             | DBT              | CORP              | US        |    385000 | PA      | $531104.80    | 1.57%             | 2025-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EDGIO INC                   | Edgio Inc                              | CUSIP: 53261MAB0<br>LEI: 529900BNCMDQGEKW5M59 | Long             | DBT              | CORP              | US        |    500000 | PA      | $429755.08    | 1.27%             | 2025-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RADIUS GBL INFASTRUCTURE    | Radius Global Infrastructure Inc       | CUSIP: 750481AA1<br>LEI: 213800NT341MQ5USBX63 | Long             | DBT              | CORP              | US        |    500000 | PA      | $440923.08    | 1.31%             | 2026-09-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST     | Pebblebrook Hotel Trust                | CUSIP: 70509VAA8<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $165500.00    | 0.49%             | 2026-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO       | Southwest Airlines Co                  | CUSIP: 844741BG2<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $361425.00    | 1.07%             | 2025-05-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PROS HOLDINGS INC           | PROS Holdings Inc                      | CUSIP: 74346YAG8<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | DBT              | CORP              | US        |    465000 | PA      | $409897.50    | 1.21%             | 2027-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC    | Northern Oil and Gas Inc               | CUSIP: 665531AH2<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $540000.00    | 1.60%             | 2029-04-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC           | Post Holdings Inc                      | CUSIP: 737446AS3<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211040.00    | 0.62%             | 2027-08-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| COHERUS BIOSCIENCES INC     | Coherus Biosciences Inc                | CUSIP: 19249HAB9<br>LEI: 5493007IL8W5MV932D26 | Long             | DBT              | CORP              | US        |    505000 | PA      | $332037.50    | 0.98%             | 2026-04-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY INTL INC     | Sunnova Energy International Inc       | CUSIP: 86745KAG9<br>LEI: 549300JK1Y1VVC3JU540 | Long             | DBT              | CORP              | US        |    500000 | PA      | $406250.00    | 1.20%             | 2028-02-15      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| PROGRESS SOFTWARE CORP      | Progress Software Corp                 | CUSIP: 743312AB6<br>LEI: 549300R65B3JG6972S24 | Long             | DBT              | CORP              | US        |    860000 | PA      | $883220.00    | 2.61%             | 2026-04-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CARDLYTICS INC              | Cardlytics Inc                         | CUSIP: 14161WAB1<br>LEI: 549300JETJBH94EIPC66 | Long             | DBT              | CORP              | US        |    780000 | PA      | $337350.00    | 1.00%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CUTERA INC                  | Cutera Inc                             | CUSIP: 232109AC2<br>LEI: 529900NPKPEWJWR21Z42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $267000.00    | 0.79%             | 2028-06-01      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| SOFI TECHNOLOGIES INC       | SoFi Technologies Inc                  | CUSIP: 83406FAA0<br>LEI: 549300SW81JCMVZDDY09 | Long             | DBT              | CORP              | US        |    750000 | PA      | $517125.00    | 1.53%             | 2026-10-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| ORMAT TECHNOLOGIES INC      | Ormat Technologies Inc                 | CUSIP: 686688AA0<br>LEI: 5493000TSHHWY24VHM09 | Long             | DBT              | CORP              | US        |    375000 | PA      | $438000.00    | 1.30%             | 2027-07-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| WORKIVA INC                 | Workiva Inc                            | CUSIP: 98139AAB1<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | DBT              | CORP              | US        |    600000 | PA      | $742800.00    | 2.20%             | 2026-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| CUTERA INC                  | Cutera Inc                             | CUSIP: 232109AB4<br>LEI: 529900NPKPEWJWR21Z42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $445050.00    | 1.32%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC        | Chart Industries Inc                   | CUSIP: 16115Q407<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EP               | CORP              | US        |      7000 | NS      | $354480.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WOLFSPEED INC               | Wolfspeed Inc                          | CUSIP: 977852AC6<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90550.00     | 0.27%             | 2029-12-01      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| BLOOM ENERGY CORP           | Bloom Energy Corp                      | CUSIP: 093712AH0<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |    485000 | PA      | $655041.00    | 1.94%             | 2025-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Match Group Financeco 3 Inc | Match Group Financeco 3 Inc            | CUSIP: 44932KAA4<br>LEI: 5493003IEL8HSZKWUI17 | Long             | DBT              | CORP              | US        |    750000 | PA      | $650250.00    | 1.92%             | 2030-01-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| NICE LTD                    | Nice Ltd                               | CUSIP: 653656AB4<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | DBT              | CORP              | IL        |    430000 | PA      | $407425.00    | 1.21%             | 2025-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY PARTNERS     | NextEra Energy Partners LP             | CUSIP: 65341BAG1<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | DBT              | CORP              | US        |    425000 | PA      | $398650.00    | 1.18%             | 2026-06-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY INC          | NextEra Energy Inc                     | CUSIP: 65339F713<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5000 | NS      | $250950.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| 2020 CASH EXCH TRUST        | 2020 Cash Mandatory Exchangeable Trust | CUSIP: 901375105<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       980 | NS      | $1123589.60   | 3.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES     | Royal Caribbean Cruises Ltd            | CUSIP: 780153BP6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    600000 | PA      | $756600.00    | 2.24%             | 2025-08-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FUBOTV INC                  | fuboTV Inc                             | CUSIP: 35953DAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    360000 | PA      | $169200.00    | 0.50%             | 2026-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| I3 VERTICALS LLC            | i3 Verticals LLC                       | CUSIP: 44933TAB2<br>LEI: 549300VET627YPCK1T69 | Long             | DBT              | CORP              | US        |    500000 | PA      | $453750.00    | 1.34%             | 2025-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC               | Wolfspeed Inc                          | CUSIP: 977852AA0<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |    579000 | PA      | $501993.00    | 1.49%             | 2028-02-15      | Fixed         | 0.25%                 | Yes           |                  2 | On Loan: No      |
| SPIRE INC                   | Spire Inc                              | CUSIP: 84857L606<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |      6745 | NS      | $336777.85    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INFINERA CORP               | Infinera Corp                          | CUSIP: 45667GAF0<br>LEI: 549300ZOF66WPV3H0H17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $124440.00    | 0.37%             | 2028-08-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| PAR TECHNOLOGY CORP         | PAR Technology Corp                    | CUSIP: 698884AC7<br>LEI: 549300HYPTHBJQINVG57 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $942500.00    | 2.79%             | 2026-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SEMTECH CORP                | Semtech Corp                           | CUSIP: 816850AE1<br>LEI: 549300J7WUY317SW6O61 | Long             | DBT              | CORP              | US        |    400000 | PA      | $411000.00    | 1.22%             | 2027-11-01      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

**Name of Applicant:** Teton Westwood Funds

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer