# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0001752724-25-161794
**Filing Date:** 2025-6
**Character Count:** 7230
**Document Hash:** 5a96de109da7284bbf55eedbb9304240
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161794.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161794

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 251085108

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Anfield Dynamic Fixed Income ETF (Series ID: S000067046)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000215717 | Anfield Dynamic Fixed Income ETF | ADFI            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ANFIELD DYNAMIC FIXED INCOME ETF** | **ANFIELD DYNAMIC FIXED INCOME ETF** | **ANFIELD DYNAMIC FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **April 30, 2025** | **April 30, 2025** | **April 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 99.9%** |  |
|  | **FIXED INCOME - 99.9%** |  |
| 68276 | iShares 7-10 Year Treasury Bond ETF | &nbsp;&nbsp;&nbsp; $6559275 |
| 77301 | iShares iBoxx $ Investment Grade Corporate Bond | &nbsp;&nbsp;&nbsp; 8346962 |
| 85150 | iShares MBS ETF | &nbsp;&nbsp;&nbsp; 7986219 |
| 503640 | iShares U.S. Treasury Bond ETF | &nbsp;&nbsp;&nbsp; 11624011 |
| 92983 | Janus Henderson AAA CLO ETF | &nbsp;&nbsp;&nbsp; 4699361 |
| 95547 | Janus Henderson B-BBB CLO ETF | &nbsp;&nbsp;&nbsp; 4591989 |
| 32919 | SPDR Bloomberg High Yield Bond ETF | &nbsp;&nbsp;&nbsp; 3117758 |
|  |  | &nbsp;&nbsp; 46925575 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $48,634,050)** | &nbsp;&nbsp; 46925575 |
|  | **TOTAL INVESTMENTS - 99.9% (Cost $48,634,050)** | &nbsp;&nbsp;&nbsp; $46925575 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.1%** | &nbsp;&nbsp; 24958 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $46950533 |

---

---

| | |
|:---|:---|
| CLO | - Collateralized Loan Obligation |
| ETF | - Exchange-Traded Fund |
| MBS | - Mortgage-Backed Securities |
| SPDR | - Standard & Poor's Depositary Receipt |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Anfield Dynamic Fixed Income ETF

- **b. EDGAR series identifier (if any):** S000067046

- **c. LEI of Series:** 549300VHKKYOY2E08R40

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $47005266.37

**Total Liabilities:** $54733.73

**Net Assets:** $46950532.64

**Cash Not Reported:** $71133.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215717 | 1.77%                | -0.33%               | 0.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $673818.28                                 |
| Month 2  | $0.00                    | $-244766.35                                |
| Month 3  | $13544.49                | $-82450.37                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares Trust              | ISHARES IBOXX IN | CUSIP: 464287242<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     77301 | NS      | $8346961.98   | 17.78%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust              | ISHARES 7-10 YEA | CUSIP: 464287440<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     68276 | NS      | $6559275.32   | 13.97%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust              | ISHARES MBS ETF  | CUSIP: 464288588<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     85150 | NS      | $7986218.50   | 17.01%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust              | ISHARES US TREAS | CUSIP: 46429B267<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    503640 | NS      | $11624011.20  | 24.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust | JANUS HEN B CL E | CUSIP: 47103U753<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |     95547 | NS      | $4591988.82   | 9.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust | JAN HEND AAA CLO | CUSIP: 47103U845<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |     92983 | NS      | $4699360.82   | 10.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust          | SPDR BLOOMBERG H | CUSIP: 78468R622<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     32919 | NS      | $3117758.49   | 6.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer