# EDGAR Filing Document

**Accession Number:** 0001322252
**File Stem:** 0001752724-23-043108
**Filing Date:** 2023-2
**Character Count:** 20895
**Document Hash:** 8902094564864f8271840a1fd0484bfd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043108.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043108

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CRM Mutual Fund Trust
- **CENTRAL INDEX KEY:** 0001322252
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21749
- **FILM NUMBER:** 23674049

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CRAMER ROSENTHAL MCGLYNN, LLC
- **STREET 2:** 28 HAVEMEYER PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 212.326.5334

**MAIL ADDRESS:**
- **STREET 1:** C/O CRAMER ROSENTHAL MCGLYNN, LLC
- **STREET 2:** 28 HAVEMEYER PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Series and Classes Contracts Data

### CRM MID CAP VALUE FUND (Series ID: S000001322)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003538 | INSTITUTIONAL | CRIMX           |
| C000003539 | INVESTOR      | CRMMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** CRM Mutual Fund Trust

- **b. Investment Company Act file number:** 811-21749

- **c. CIK number of Registrant:** 0001322252

- **d. LEI of Registrant:** 549300RX3217CTPTEU48

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

  - **Street Address 1:** 28 Havemeyer Place

  - **City:** Greenwich

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 6830

  - **Telephone number:** 212-326-5300

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

- **a. Name of Series:** CRM MID CAP VALUE FUND

- **b. EDGAR series identifier (if any):** S000001322

- **c. LEI of Series:** 549300K3HZ4SL4IFDU96

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $420029154.45

**Total Liabilities:** $2736154.95

**Net Assets:** $417292999.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003538 | 11.04%               | 5.14%                | -4.65%               |
| Class ID C000003539 | 11.07%               | 5.12%                | -4.69%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $301959.21               | $40957419.49                               |
| Month 2  | $4235356.67              | $16107091.66                               |
| Month 3  | $4481153.34              | $-24916727.58                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| QuidelOrtho Corp                     | QuidelOrtho Corp.                                         | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |     74453 | NS      | $6378388.51   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp    | Marriott Vacations Worldwide Corp.                        | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     38632 | NS      | $5199480.88   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Commonwealth                  | Equity Commonwealth                                       | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               | CORP              | US        |    402152 | NS      | $10041735.44  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc             | Lamb Weston Holdings, Inc.                                | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |    152608 | NS      | $13637050.88  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corporation             | Atmos Energy Corp.                                        | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     86189 | NS      | $9659201.23   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation            | Regal Rexnord Corp.                                       | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     35456 | NS      | $4254010.88   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ametek, Inc.                         | AMETEK, Inc.                                              | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     81191 | NS      | $11344006.52  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                   | nVent Electric PLC                                        | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    161569 | NS      | $6215559.43   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corporation         | Envista Holdings Corp.                                    | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    333977 | NS      | $11245005.59  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Incorporated    | Microchip Technology, Inc.                                | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    133943 | NS      | $9409495.75   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                          | Avantor, Inc.                                             | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    236950 | NS      | $4997275.50   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.              | Webster Financial Corp.                                   | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    202759 | NS      | $9598611.06   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.             | Valmont Industries, Inc.                                  | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     28161 | NS      | $9311997.87   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories, Inc.           | Bio-Rad Laboratories, Inc.                                | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |     26572 | NS      | $11173260.28  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Railway Ltd.        | Canadian Pacific Railway Ltd.                             | CUSIP: 13645T100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    123740 | NS      | $9229766.60   | 2.21%             |  |  |  | No            |                  1 | On Loan: —       |
| MIZUHO SECURITIES USA LLC REPO       | MIZUHO SECURITIES USA LLC REPO SLRPA 4.250% 01/03/2023    | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | JP        |   3248983 | PA      | $3248983.00   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Company    | Pioneer Natural Resources Co.                             | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |     51932 | NS      | $11860749.48  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN SECURITIES LLC REPO        | JP MORGAN SECURITIES LLC REPO SLRPA 4.260% 01/03/2023     | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |   3248983 | PA      | $3248983.00   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Morningstar Inc                      | Morningstar, Inc.                                         | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     36117 | NS      | $7822581.03   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corporation              | Black Hills Corp.                                         | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    134224 | NS      | $9441316.16   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                         | Cadence Bank                                              | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    246212 | NS      | $6071587.92   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextera Energy Partners LP           | NextEra Energy Partners LP                                | CUSIP: 65341B106<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | EC               | CORP              | US        |    145873 | NS      | $10224238.57  | 2.45%             |  |  |  | No            |                  1 | On Loan: —       |
| LKQ Corporation                      | LKQ Corp.                                                 | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    233933 | NS      | $12494361.53  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ChampionX Corporation                | ChampionX Corp.                                           | CUSIP: 15872M104<br>LEI: 549300EP2909K6DYYP38 | Long             | EC               | CORP              | US        |    544720 | NS      | $15791432.80  | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.           | Highwoods Properties, Inc.                                | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    152522 | NS      | $4267565.56   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC REPO    | CITIGROUP GLOBAL MARKETS INC REPO SLRPA 4.250% 01/03/2023 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |   3248983 | PA      | $3248983.00   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Ciena Corporation                    | Ciena Corp.                                               | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    190509 | NS      | $9712148.82   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.          | LPL Financial Holdings, Inc.                              | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     45822 | NS      | $9905341.74   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc            | Teledyne Technologies, Inc.                               | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     21165 | NS      | $8464095.15   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                        | Nisource, Inc.                                            | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    430362 | NS      | $11800526.04  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BOFA SECURITIES INC REPO.            | BOFA SECURITIES INC REPO. SLRPA 4.250% 01/03/2023         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    683504 | PA      | $683504.00    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenable Holdings Inc                 | Tenable Holdings, Inc.                                    | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |    197679 | NS      | $7541453.85   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Governor                    | Woodward, Inc.                                            | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     90168 | NS      | $8711130.48   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc.                         | Ashland, Inc.                                             | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |    140448 | NS      | $15102373.44  | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc.           | American Assets Trust, Inc.                               | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77380 | NS      | $2050570.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                   | Steven Madden Ltd.                                        | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    247272 | NS      | $7902813.12   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.               | Burlington Stores, Inc.                                   | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     75466 | NS      | $15301486.16  | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BANK SEC INC REPO           | DEUTSCHE BANK SEC INC REPO  SLRPA 4.260% 01/03/2023       | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | DE        |   3248983 | PA      | $3248983.00   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Applied Industrial Technologies Inc. | Applied Industrial Technologies, Inc.                     | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     21394 | NS      | $2696285.82   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds            | Blackrock Liquidity Funds T-Fund Institutional Shares     | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   8059393 | PA      | $8059393.46   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust       | Federated Hermes Treasury Oligations Fund                 | CUSIP: 60934N500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   8059395 | PA      | $8059395.02   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corporation             | State Street Corp.                                        | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     55703 | NS      | $4320881.71   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.       | American Financial Group, Inc./OH                         | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |    104372 | NS      | $14328188.16  | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                          | Corteva, Inc.                                             | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    259876 | NS      | $15275511.28  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corporation                  | Vontier Corp.                                             | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    503594 | NS      | $9734472.02   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation             | W.R. Berkley Corp.                                        | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |    141310 | NS      | $10254866.70  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank San Francisco    | First Republic Bank                                       | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |     61865 | NS      | $7540724.85   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarivate PLC                        | Clarivate PLC                                             | CUSIP: G21810109<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | JE        |   1325798 | NS      | $11057155.32  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc.               | RPM International, Inc.                                   | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |    123283 | NS      | $12013928.35  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                              | PTC, Inc.                                                 | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     58872 | NS      | $7066994.88   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-31

**Name of Applicant:** CRM Mutual Fund Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer