# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0001145549-25-051520
**Filing Date:** 2025-8
**Character Count:** 71771
**Document Hash:** 54d3faf879803f5a7c07aa78760f8920
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-051520.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001145549-25-051520

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUST FOR PROFESSIONAL MANAGERS
- **CENTRAL INDEX KEY:** 0001141819

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 251223974

**BUSINESS ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4147655067

**MAIL ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZODIAC TRUST
- **DATE OF NAME CHANGE:** 20010601

## Series and Classes Contracts Data

### CrossingBridge Responsible Credit Fund (Series ID: S000071658)

| Class ID   | Class Name                                                          | Ticker Symbol   |
|:---|:---|:---|
| C000227081 | CrossingBridge Responsible Credit Fund - Institutional Class Shares | CBRDX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **CORPORATE BONDS - 66.1%** | **CORPORATE BONDS - 66.1%** | **Par** | **Value** |
| **Accommodation and Food Services - 4.7%** | **Accommodation and Food Services - 4.7%** | **Accommodation and Food Services - 4.7%** | **Accommodation and Food Services - 4.7%** |
|  GrubHub Holdings, Inc., 5.50%, 07/01/2027 <sup>(a)</sup> |  | 1085000 | $1054032 |
|  Sizzling Platter LLC, 8.50%, 11/28/2025 <sup>(a)</sup> |  | 1146000 | 1146557 |
|  |  |  | 2200589 |
| **Communications - 0.4%** | **Communications - 0.4%** | **Communications - 0.4%** | **Communications - 0.4%** |
|  Inteno Group AB, 9.46% (3 mo. EURIBOR + 7.50%), 09/06/2026 | EUR | 200000 | 173159 |
| **Construction - 0.4%** | **Construction - 0.4%** | **Construction - 0.4%** | **Construction - 0.4%** |
|  Five Point Operating Co. LP, 10.50%, 01/15/2028 <sup>(a)(b)</sup> |  | 175474 | 178644 |
| **Consumer Discretionary - 1.7%** | **Consumer Discretionary - 1.7%** | **Consumer Discretionary - 1.7%** | **Consumer Discretionary - 1.7%** |
|  BOS GmbH & Co. KG, 11.03% (3 mo. EURIBOR + 9.00%), 06/25/2029 | EUR | 700000 | 812199 |
| **Consumer Staples - 6.4%** | **Consumer Staples - 6.4%** | **Consumer Staples - 6.4%** | **Consumer Staples - 6.4%** |
|  Felleskjopet Agri SA, 6.35% (Norway Interbank Offered Rate Fixing 3 Month + 1.75%), 03/19/2030 | NOK | 9000000 | 893180 |
|  Keyto Group AB, 7.57% (3 Month Stockholm Interbank Offered Rates + 5.25%), 05/08/2029 | SEK | 10000000 | 1059624 |
|  Nexus Newco BV, 8.48% (3 mo. EURIBOR + 6.50%), 06/04/2030 | EUR | 900000 | 1065459 |
|  |  |  | 3018263 |
| **Energy - 5.8%** | **Energy - 5.8%** | **Energy - 5.8%** | **Energy - 5.8%** |
|  Forum Energy Technologies, Inc., 10.50%, 11/07/2029 |  | 2450000 | 2498535 |
|  Nynas AB, 11.75%, 06/17/2028 <sup>(a)</sup> |  | 250000 | 251146 |
|  |  |  | 2749681 |
| **Finance and Insurance - 8.7%** | **Finance and Insurance - 8.7%** | **Finance and Insurance - 8.7%** | **Finance and Insurance - 8.7%** |
|  Esmaeilzadeh Holding AB, 11.00% (or 11.00% PIK), 04/28/2028 | SEK | 1395270 | 127218 |
|  Nordwest Industrie Group GmbH, 8.89% (3 mo. EURIBOR + 6.75%), 11/06/2028 <sup>(a)</sup> | EUR | 880000 | 656513 |
|  Novedo Holding AB, 9.16% (3 Month Stockholm Interbank Offered Rates + 7.00%), 09/23/2027 | SEK | 10000000 | 1051697 |
| Stockwik Forvaltning AB | Stockwik Forvaltning AB | Stockwik Forvaltning AB | Stockwik Forvaltning AB |
| &nbsp;&nbsp; 10.16% (3 Month Stockholm Interbank Offered Rates + 8.00%), 03/20/2026 | SEK | 8750000 | 944512 |
| &nbsp;&nbsp; 9.41% (3 Month Stockholm Interbank Offered Rates + 7.25%), 06/26/2029 <sup>(a)</sup> | SEK | 10000000 | 1063588 |
|  StoneX Group, Inc., 7.88%, 03/01/2031 <sup>(a)</sup> |  | 257000 | 269562 |
|  |  |  | 4113090 |
| **Health Care and Social Assistance - 6.0%** | **Health Care and Social Assistance - 6.0%** | **Health Care and Social Assistance - 6.0%** | **Health Care and Social Assistance - 6.0%** |
|  Formycon AG, 8.94% (3 mo. EURIBOR + 7.00%), 07/09/2029 | EUR | 1213000 | 1436002 |
|  Magle Chemoswed Holding AB, 8.63% (3 Month Stockholm Interbank Offered Rates + 6.50%), 07/04/2028 | SEK | 12500000 | 1281590 |
|  Orexo AB, 8.66% (3 Month Stockholm Interbank Offered Rates + 6.50%), 03/28/2028 | SEK | 1250000 | 124856 |
|  |  |  | 2842448 |
| **Industrials - 2.7%** | **Industrials - 2.7%** | **Industrials - 2.7%** | **Industrials - 2.7%** |
|  Mangrove Luxco III Sarl, 7.28% (3 mo. EURIBOR + 5.00%), 07/15/2029 <sup>(a)</sup> | EUR | 907000 | 1080024 |
|  SLR Group GmbH, 9.36% (3 mo. EURIBOR + 7.00%), 10/09/2027 | EUR | 163000 | 183126 |
|  |  |  | 1263150 |
| **Information - 11.6%** | **Information - 11.6%** | **Information - 11.6%** | **Information - 11.6%** |
| Cabonline Group Holding AB | Cabonline Group Holding AB | Cabonline Group Holding AB | Cabonline Group Holding AB |
| &nbsp;&nbsp; 10.00%, 03/19/2028 | SEK | 6292000 | 650365 |
| &nbsp;&nbsp; 12.00%, 03/19/2028 | SEK | 3364000 | 343568 |
|  Calligo UK Ltd., 8.98% (or 8.98% PIK) (3 mo. EURIBOR + 7.00%), 12/29/2028 | EUR | 107174 | 29037 |
| Consolidated Communications, Inc. | Consolidated Communications, Inc. | Consolidated Communications, Inc. | Consolidated Communications, Inc. |
| &nbsp;&nbsp; 5.00%, 10/01/2028 <sup>(a)</sup> |  | 187000 | 189092 |
| &nbsp;&nbsp; 6.50%, 10/01/2028 <sup>(a)</sup> |  | 1358000 | 1385231 |
|  GCI LLC, 4.75%, 10/15/2028 <sup>(a)</sup> |  | 1000000 | 967488 |
| Go North Group AB | Go North Group AB | Go North Group AB | Go North Group AB |
| &nbsp;&nbsp; 0.00%, 02/09/2026 <sup>(c)(d)</sup> |  | 39312 | 0 |
| &nbsp;&nbsp; 10.15% (SOFR + 5.76%), 02/09/2026 |  | 329496 | 181223 |
| &nbsp;&nbsp; 15.00% (includes 15.00% PIK), 02/09/2027 |  | 187887 | 7515 |
| &nbsp;&nbsp; 15.00% (includes 15.00% PIK), 02/02/2028 <sup>(c)(e)</sup> | SEK | 254920 | 0 |
|  SS&C Technologies, Inc., 5.50%, 09/30/2027 <sup>(a)</sup> |  | 869000 | 869170 |
|  Ziff Davis, Inc., 4.63%, 10/15/2030 <sup>(a)</sup> |  | 892000 | 833564 |
|  |  |  | 5456253 |
| **Manufacturing - 6.2%** | **Manufacturing - 6.2%** | **Manufacturing - 6.2%** | **Manufacturing - 6.2%** |
|  Secop Group Holding GmbH, 10.38% (3 mo. EURIBOR + 8.40%), 12/29/2026 | EUR | 150000 | 180668 |
|  Western Digital Corp., 4.75%, 02/15/2026 |  | 2738000 | 2733787 |
|  |  |  | 2914455 |
| **Mining, Quarrying, and Oil and Gas Extraction - 0.3%** | **Mining, Quarrying, and Oil and Gas Extraction - 0.3%** | **Mining, Quarrying, and Oil and Gas Extraction - 0.3%** | **Mining, Quarrying, and Oil and Gas Extraction - 0.3%** |
|  Tacora Resources, Inc., 13.00% (includes 13.00% PIK), 12/31/2025 <sup>(a)(c)</sup> |  | 757525 | 151505 |
| **Professional, Scientific, and Technical Services - 4.0%** | **Professional, Scientific, and Technical Services - 4.0%** | **Professional, Scientific, and Technical Services - 4.0%** | **Professional, Scientific, and Technical Services - 4.0%** |
| Getty Images, Inc. | Getty Images, Inc. | Getty Images, Inc. | Getty Images, Inc. |
| &nbsp;&nbsp; 9.75%, 03/01/2027 <sup>(a)</sup> |  | 541000 | 530618 |
| &nbsp;&nbsp; 11.25%, 02/21/2030 |  | 657000 | 652644 |
|  Go Daddy Operating Co. LLC, 5.25%, 12/01/2027 <sup>(a)</sup> |  | 726000 | 725776 |
|  |  |  | 1909038 |
| **Real Estate and Rental and Leasing - 1.9%** | **Real Estate and Rental and Leasing - 1.9%** | **Real Estate and Rental and Leasing - 1.9%** | **Real Estate and Rental and Leasing - 1.9%** |
|  Williams Scotsman, Inc., 4.63%, 08/15/2028 <sup>(a)</sup> |  | 907000 | 891605 |
| **Retail Trade - 1.5%** | **Retail Trade - 1.5%** | **Retail Trade - 1.5%** | **Retail Trade - 1.5%** |
|  Kohl's Corp., 10.00%, 06/01/2030 <sup>(a)</sup> |  | 234000 | 242586 |
|  Superior Plus LP, 4.50%, 03/15/2029 <sup>(a)</sup> |  | 509000 | 489887 |
|  |  |  | 732473 |
| **Technology - 1.6%** | **Technology - 1.6%** | **Technology - 1.6%** | **Technology - 1.6%** |
|  Hawk Infinity Software AS, 11.10% (Norway Interbank Offered Rate Fixing 3 Month + 6.50%), 10/15/2029 <sup>(a)</sup> | NOK | 2500000 | 251028 |
|  Verve Group SE, 5.94% (3 mo. EURIBOR + 4.00%), 04/01/2029 <sup>(a)</sup> | EUR | 414000 | 485234 |
|  |  |  | 736262 |
| **Transportation and Warehousing - 2.2%** | **Transportation and Warehousing - 2.2%** | **Transportation and Warehousing - 2.2%** | **Transportation and Warehousing - 2.2%** |
|  Summit Midstream Holdings LLC, 8.63%, 10/31/2029 <sup>(a)</sup> |  | 544000 | 555826 |
|  XPO, Inc., 6.25%, 06/01/2028 <sup>(a)</sup> |  | 471000 | 478822 |
|  |  |  | 1034648 |
| **TOTAL CORPORATE BONDS** (Cost $31,630,862) | **TOTAL CORPORATE BONDS** (Cost $31,630,862) | **TOTAL CORPORATE BONDS** (Cost $31,630,862) | 31177462 |
| **BANK LOANS - 17.6%** | **BANK LOANS - 17.6%** | **Par** | **Value** |
| **Communications - 7.1%** | **Communications - 7.1%** | **Communications - 7.1%** | **Communications - 7.1%** |
|  Cengage Learning, Inc., First Lien, 7.82% (1 mo. Term SOFR + 3.50%), 07/14/2026 |  | 502211 | 503999 |
|  Magnite, Inc., 7.33% (1 mo. Term SOFR + 3.00%), 02/06/2031 |  | 2807262 | 2819544 |
|  |  |  | 3323543 |
| **Consumer Discretionary - 1.6%** | **Consumer Discretionary - 1.6%** | **Consumer Discretionary - 1.6%** | **Consumer Discretionary - 1.6%** |
|  Elevate Textiles, Inc., 12.95% (3 mo. Term SOFR + 8.65%), 09/30/2027 |  | 763403 | 765945 |
| **Finance and Insurance - 1.9%** | **Finance and Insurance - 1.9%** | **Finance and Insurance - 1.9%** | **Finance and Insurance - 1.9%** |
|  Fiserv Investment T/L B, 8.32% (3 mo. Term SOFR + 4.00%), 02/18/2027 |  | 908615 | 900665 |
| **Information - 1.4%** | **Information - 1.4%** | **Information - 1.4%** | **Information - 1.4%** |
|  Audacy Capital LLC, 10.44% (1 mo. Term SOFR + 6.00%), 09/30/2029 |  | 791926 | 660466 |
| **Materials - 1.0%** | **Materials - 1.0%** | **Materials - 1.0%** | **Materials - 1.0%** |
|  M2S Group Intermediate Holdings, Inc., First Lien, 9.03% (3 mo. Term SOFR + 4.75%), 08/22/2031 |  | 501103 | 486383 |
| **Real Estate and Rental and Leasing - 0.3%** | **Real Estate and Rental and Leasing - 0.3%** | **Real Estate and Rental and Leasing - 0.3%** | **Real Estate and Rental and Leasing - 0.3%** |
|  Micromont, 8.00%, 11/15/2026 |  | 152240 | 152240 |
| **Retail Trade - 2.5%** | **Retail Trade - 2.5%** | **Retail Trade - 2.5%** | **Retail Trade - 2.5%** |
| Mountaineer Merger Corp. | Mountaineer Merger Corp. | Mountaineer Merger Corp. | Mountaineer Merger Corp. |
| &nbsp;&nbsp; 11.54% (3 mo. Term SOFR + 7.25%), 10/26/2028 |  | 464961 | 232480 |
| &nbsp;&nbsp; 12.58% (3 mo. Term SOFR + 7.75%), 10/26/2028 |  | 82803 | 82803 |
|  The Container Store, Inc., 9.26% (6 mo. Term SOFR + 5.00%), 07/30/2029 |  | 584253 | 321339 |
|  The Container Store, Inc. Exit Loan, 10.83% (1 mo. Term SOFR + 5.50%), 04/30/2029 |  | 586930 | 551714 |
|  |  |  | 1188336 |
| **Utilities - 1.8%** | **Utilities - 1.8%** | **Utilities - 1.8%** | **Utilities - 1.8%** |
|  Solaris Energy Infrastructure, 10.30% (3 mo. Term SOFR + 6.00%), 09/11/2029 |  | 808000 | 822140 |
| **TOTAL BANK LOANS** (Cost $8,687,603) | **TOTAL BANK LOANS** (Cost $8,687,603) | **TOTAL BANK LOANS** (Cost $8,687,603) | 8299718 |
| **ASSET-BACKED SECURITIES - 2.4%** | **ASSET-BACKED SECURITIES - 2.4%** | **Par** | **Value** |
| **Transportation and Warehousing - 2.4%** | **Transportation and Warehousing - 2.4%** | **Transportation and Warehousing - 2.4%** | **Transportation and Warehousing - 2.4%** |
|  Hawaiian Holdings, Inc., Series 2013-1, 3.90%, 01/15/2026 |  | 1169466 | 1146076 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $1,146,613) | **TOTAL ASSET-BACKED SECURITIES** (Cost $1,146,613) | **TOTAL ASSET-BACKED SECURITIES** (Cost $1,146,613) | 1146076 |
| **CONVERTIBLE BONDS - 1.7%** | **CONVERTIBLE BONDS - 1.7%** | **Par** | **Value** |
| **Energy, Quarrying, and Oil and Gas Extraction - 1.3%** | **Energy, Quarrying, and Oil and Gas Extraction - 1.3%** | **Energy, Quarrying, and Oil and Gas Extraction - 1.3%** | **Energy, Quarrying, and Oil and Gas Extraction - 1.3%** |
|  Golar LNG Ltd., 2.75%, 12/15/2030 <sup>(a)</sup> |  | 600000 | 617250 |
| **Information - 0.0%<sup>(f)</sup>** | **Information - 0.0%<sup>(f)</sup>** | **Information - 0.0%<sup>(f)</sup>** | **Information - 0.0%<sup>(f)</sup>** |
|  Go North Group AB, 0.00%, 12/31/2050 <sup>(c)(d)</sup> | SEK | 1722507 | 0 |
| **Professional, Scientific, and Technical Services - 0.4%** | **Professional, Scientific, and Technical Services - 0.4%** | **Professional, Scientific, and Technical Services - 0.4%** | **Professional, Scientific, and Technical Services - 0.4%** |
|  UpHealth, Inc., 13.45% (SOFR + 9.00%), 12/15/2025 <sup>(a)</sup> |  | 185000 | 172975 |
| **TOTAL CONVERTIBLE BONDS** (Cost $768,274) | **TOTAL CONVERTIBLE BONDS** (Cost $768,274) | **TOTAL CONVERTIBLE BONDS** (Cost $768,274) | 790225 |
| **FOREIGN GOVERNMENT DEBT OBLIGATIONS - 1.3%** | **FOREIGN GOVERNMENT DEBT OBLIGATIONS - 1.3%** | **Par** | **Value** |
|  Norway Government Bond, 3.75%, 06/12/2035 <sup>(a)</sup> | NOK | 6250000 | 617376 |
| **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $590,149) | **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $590,149) | **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $590,149) | 617376 |
| **PREFERRED STOCKS - 1.3%** |  | **Shares** | **Value**  |
| **Wholesale Trade - 1.3%** | **Wholesale Trade - 1.3%** | **Wholesale Trade - 1.3%** |  |
|  NGL Energy Partners LP, Series B, 11.77% (3 mo. Term SOFR + 7.47%), Perpetual |  | 27846 | 611220 |
| **TOTAL PREFERRED STOCKS** (Cost $491,547) | **TOTAL PREFERRED STOCKS** (Cost $491,547) | **TOTAL PREFERRED STOCKS** (Cost $491,547) | 611220 |
| **COMMON STOCKS - 0.4%** |  | **Shares** | **Value**  |
| **Manufacturing - 0.4%** | **Manufacturing - 0.4%** | **Manufacturing - 0.4%** |  |
| RA Parent, Inc. <sup>(c)(g)</sup> |  | 3 | 195000 |
| **Retail Trade - 0.0%<sup>(f)</sup>** | **Retail Trade - 0.0%<sup>(f)</sup>** | **Retail Trade - 0.0%<sup>(f)</sup>** |  |
| The Container Store, Inc. <sup>(g)</sup> |  | 20607 | 5152 |
| **TOTAL COMMON STOCKS** (Cost $177,000) | **TOTAL COMMON STOCKS** (Cost $177,000) | **TOTAL COMMON STOCKS** (Cost $177,000) | 200152 |
| **REAL ESTATE INVESTMENT TRUSTS - PREFERRED - 0.4%** |  | **Shares** | **Value**  |
| **Real Estate and Rental and Leasing - 0.4%** | **Real Estate and Rental and Leasing - 0.4%** | **Real Estate and Rental and Leasing - 0.4%** |  |
|  CTO Realty Growth, Inc., Series A, 6.38%, Perpetual |  | 7859 | 158202 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - PREFERRED** (Cost $157,999) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - PREFERRED** (Cost $157,999) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - PREFERRED** (Cost $157,999) | 158202 |
| **WARRANTS - 0.0%<sup>(f)</sup>** |  | **Contracts** | **Value**  |
| **Information *-* 0.0%<sup>(f)</sup>** | **Information *-* 0.0%<sup>(f)</sup>** | **Information *-* 0.0%<sup>(f)</sup>** |  |
| Audacy Warrants, Expires 09/30/2029, Exercise Price $0.01 <sup>(g)</sup> |  | 1434 | 14340 |
| **TOTAL WARRANTS** (Cost $40,641) | **TOTAL WARRANTS** (Cost $40,641) | **TOTAL WARRANTS** (Cost $40,641) | 14340 |
| **SHORT-TERM INVESTMENTS - 14.0%** | **SHORT-TERM INVESTMENTS - 14.0%** |  | **Value**  |
| **Commercial Paper - 5.8%** |  |  **<u>Par</u>** |  |
| **Manufacturing — 2.1%** |  |  |  |
| Jabil, Inc., 4.83%, 07/02/2025 <sup>(h)</sup> |  | 994000 | 993718 |
| **Real Estate and Rental and Leasing — 1.9%** |  |  |  |
| Crown Castle International Corp., 5.12%, 07/22/2025 <sup>(h)</sup> |  | 925000 | 922172 |
| **Technology — 1.8%** |  |  |  |
| Telus Corp., 5.19%, 08/11/2025 <sup>(h)</sup> |  | 841000 | 836496 |
| **Total Commercial Paper** (Cost $2,752,347) |  |  | 2752386 |
| **Money Market Funds - 8.2%** |  | **<u>Shares</u>** |  |
| First American Government Obligations Fund - Class X, 4.23% <sup>(i)</sup> |  | 1594784 | 1594784 |
| First American Treasury Obligations Fund - Class X, 4.22% <sup>(i)</sup> |  | 2267504 | 2267504 |
| **Total Money Market Funds** (Cost $3,862,288) |  |  | 3862288 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $6,614,635) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $6,614,635) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $6,614,635) | 6614674 |
| **TOTAL INVESTMENTS - 105.2% (**Cost $50,305,323**)** | **TOTAL INVESTMENTS - 105.2% (**Cost $50,305,323**)** | **TOTAL INVESTMENTS - 105.2% (**Cost $50,305,323**)** | 49629445 |
| Liabilities in Excess of Other Assets - (5.2)% | Liabilities in Excess of Other Assets - (5.2)% | Liabilities in Excess of Other Assets - (5.2)% | (2473822) |
| **TOTAL NET ASSETS - 100.0%** |  |  | $47155623 |
| two | two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| Par amount is in USD unless otherwise indicated.<br> AB - Aktiebolag | Par amount is in USD unless otherwise indicated.<br> AB - Aktiebolag | Par amount is in USD unless otherwise indicated.<br> AB - Aktiebolag |  |

---

---

| |
|:---|
| EURIBOR - Euro Interbank Offered Rate |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PIK - Payment in Kind |
| SOFR - Secured Overnight Financing Rate |
| EUR - Euro |
| NOK - Norwegian Krone |
| SEK - Swedish Krona<br> USD – United States Dollar |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of June 30, 2025, the value of these securities total $15,797,869 or 33.5% of the Fund's net assets.

(b) Step coupon bond. The rate disclosed is as of June 30, 2025.

(c) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $346,505 or 0.7% of net assets as of June 30, 2025.

(d) Zero coupon bonds make no periodic interest payments.

(e) Security is currently in default.

(f) Represents less than 0.05% of net assets.

(g) Non-income producing security.

(h) The rate shown is the annualized effective yield as of June 30, 2025.

(i) The rate shown represents the 7-day annualized effective yield as of June 30, 2025.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** | **CrossingBridge Responsible Credit Fund** |
| **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **Counterparty** | **Settlement Date** | **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Unrealized**<br> **Appreciation**<br> (Depreciation) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | NOK | 3465000 | USD | 348101 | $(4299) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | USD | 4241918 | EUR | 3755000 | (185954) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | USD | 1968006 | NOK | 20300000 | (46191) |
| U.S. Bancorp Investments, Inc. | 07/15/2025 | USD | 4936618 | SEK | 47810000 | (122019) |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | $(358463) |
| EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro |
| NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone |
| SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona | SEK - Swedish Krona |
| USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar |

---

------

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
CrossingBridge Responsible Credit Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 31025957 | 151505 | 31177462 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 8299718 | – | 8299718 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 1146076 | – | 1146076 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Bonds | – | 790225 | 0 | 790225 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Debt Obligations | – | 617376 | – | 617376 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 611220 | – | – | 611220 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | – | 5152 | 195000 | 200152 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Preferred | 158202 | – | – | 158202 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Warrants | – | 14340 | – | 14340 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Commercial Paper | – | 2752386 | – | 2752386 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 3862288 | – | – | 3862288 |
| Total Investments | 4631710 | 44651230 | 346505 | 49629445 |
| **Liabilities:** |  |  |  |  |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards\* | – | (358463) | – | (358463) |
| Total Other Financial Instruments | – | (358463) | – | (358463) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2025. |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |
| Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: | The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value: |  |  |  |
| **<u>CrossingBridge Responsible Credit Fund</u>** | **<u>Corporate Bonds</u>** | **<u>Bank Loans</u>** | **<u>Bank Loans</u>** | **<u>Convertible Bonds</u>** | **<u>Convertible Bonds</u>** | **<u>Common Stocks</u>** | **<u>Common Stocks</u>** | **<u> </u>** |
| Beginning Balance - October 1, 2024 | 151505 | $| 845816 | $| - | $| 198000 |  |
| Purchases | 18330 |  | - |  | 0 |  | - |  |
| Sales | - |  | (693576) |  | - |  | - |  |
| Realized gains | - |  | - |  | - |  | - |  |
| Realized losses | - |  | - |  | - |  | - |  |
| Accretion of discount/(amortization of premium) | - |  | - |  | - |  | - |  |
| Change in unrealized appreciation/(depreciation) | (18330) |  | - |  | 0 |  | (3000) |  |
| Transfer in/(out) of Level 3 | 0 |  | (152240) |  | - |  | - |  |
| Ending Balance - June 30, 2025 | 151505 | $| - | $| 0 | $| 195000 |  |
| The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: | The total change in unrealized appreciation (depreciation) attributable to Level 3 investments still held at June 30, 2025, includes the following: |  |  |  |
|  | **<u>Corporate Bonds</u>** | **<u>Convertible Bonds</u>** | **<u>Convertible Bonds</u>** | **<u>Common Stocks</u>** | **<u>Common Stocks</u>** |  |  |  |
|  | (18330) | $| 0 | $| (3000) |  |  |  |
| To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below | To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3 and "fair value" will be applied. Specifically, the matrix below |  |
| provides a summary of the approach taken: |  |  |  |  |  |  |  |  |
| **<u>Type of Security</u>** |  **<u>Examples of Input</u>** |  |  |  |  |  |  |  |
| Bank Loans, Corporate Bonds, Convertible Bonds, and Warrants | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: | Primarily based on financial analysis employing quantitative and qualitative inputs such as but may not be limited to: |  |
| Bank Loans, Corporate Bonds, Convertible Bonds, and Warrants | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis | discounted cashflow, sum-of-the parts, competitive comparable valuations, and liquidation analysis |  |
| Special Purpose Acquisition Companies (SPACs); SPAC founders shares | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. | Upon separation, value based on public warrant pricing. Prior to separation, valued at $0. |  |  |  |
| Special Purpose Acquisition Companies (SPACs); SPAC founders shares |  |  |  |  |  |  |  |  |
| Common Stock (Legended shares) | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. | The firm applies a 25% discount to current market price for common stock with a legend attached to it. |  |
| The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and | The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and |  |  |  |
| categorized within Level 3 as of June 30, 2025: |  |  |  |  |  |  |  |  |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **CrossingBridge Responsible Credit Fund** |  |  |  |  |  |  |
| **Descriptions** | **Fair Value June 30, 2025** | **Valuation Techniques** | **Unobservable Input** | **Range** | **Weighted Average**<br> **Unobservable Input** | **Impact to Valuation from**<br> **an Increase in Input** |
| Corporate Bonds | $151505 | Market Approach | Recoverable value | $20 | $20 | Increase |
|  |  |  | Transaction price | N/A | N/A | Increase |
| Convertible Bonds | $0 | Market Approach | Transaction price | N/A | N/A | Increase |
| Common Stocks | $195000 | Market Approach | Broker quote | $65000 | $65000 | Increase |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Trust for Professional Managers

- **b. Investment Company Act file number:** 811-10401

- **c. CIK number of Registrant:** 0001141819

- **d. LEI of Registrant:** 549300O1N816L3GGRD45

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 513-520-5925

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

- **a. Name of Series:** CrossingBridge Responsible Credit Fund

- **b. EDGAR series identifier (if any):** S000071658

- **c. LEI of Series:** 5493004P0C1R69YV6G05

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $51347239.91

**Total Liabilities:** $4204104.30

**Net Assets:** $47143135.61

**Delayed Delivery Securities:** $2693027.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 114.730228000000 | **1-Year:** 22.031118000000 | **5-Year:** 5.192087000000 | **10-Year:** 507.353600000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 3640.215302000000 | **1-Year:** 3655.751809000000 | **5-Year:** 1961.419787000000 | **10-Year:** 15.029858000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227081 | -0.78%               | 1.29%                | 1.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1374.95                | $-329513.62                                |
| Month 2  | $43167.30                | $293289.35                                 |
| Month 3  | $75254.81                | $342249.64                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                               | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| M2S GROUP INTERMEDIATE H                           | M2S Group Intermediate Holdings Inc                        | CUSIP: 55287CAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    501103 | PA      | $486383.53    | 1.03%             | 2031-08-27      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| First American Government Obli                     | First American Government Obligations Fund                 | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1588416 | NS      | $1588416.26   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| GO NORTH GROUP AB 0% BDS PERP USD1                 | GO NORTH GROUP AB 0% BDS PERP USD1                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     22611 | PA      | $0.00         | 0.00%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| JABIL INC DISC COML PAPER                          | JABIL INC DISC COML PAPER                                  | CUSIP: 46652LU21<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    994000 | PA      | $993718.20    | 2.11%             | 2025-07-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOLARIS OILFIELD INFRA                             | Solaris Oilfield Infrastructure LLC                        | CUSIP: 83418UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    808000 | PA      | $822140.00    | 1.74%             | 2029-09-11      | Floating      | 10.93%                | No            |                  2 | On Loan: No      |
| N/A                                                | EUR/USD FWD 20250715                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-185953.93   | -0.39%            |  |  |  | No            |                  2 | On Loan: No      |
| The Container Store Exit Loan - First Out T/L- Tar | The Container Store Exit Loan - First Out T/L- Tar         | CUSIP: 21075BAS0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    586930 | PA      | $551714.58    | 1.17%             | 2029-04-30      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB FRN GTD 02/2026 USD1 'REGS'      | GO NORTH GROUP AB FRN GTD 02/2026 USD1 'REGS'              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    187887 | PA      | $7515.48      | 0.02%             | 2026-02-09      | Floating      | 13.32%                | No            |                  2 | On Loan: No      |
| CABONLINE GROUP HOLD                               | Cabonline Group Holding AB                                 | CUSIP: ZH5206474<br>LEI: 549300PB67LZ38PTO750 | Long             | DBT              | CORP              | SE        |   6292000 | PA      | $650365.18    | 1.38%             | 2028-03-19      | None          | 10.00%                | No            |                  2 | On Loan: No      |
| BOS GMBH & CO KG                                   | BOS GmbH & Co KG                                           | CUSIP: YQ6749796<br>LEI: 529900XO8NUCKQJFB816 | Long             | DBT              | CORP              | DE        |    700000 | PA      | $812198.89    | 1.72%             | 2029-06-25      | Floating      | 11.03%                | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                   | Getty Images Inc                                           | CUSIP: 374276AN3<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    657000 | PA      | $652644.09    | 1.38%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Go North Group AB                                  | Go North Group AB                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |      8548 | PA      | $0.00         | 0.00%             | 2026-02-09      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| SUPERIOR PLUS/GEN PRTNR                            | Superior Plus LP / Superior General Partner Inc            | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    509000 | PA      | $489886.95    | 1.04%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                              | Williams Scotsman Inc                                      | CUSIP: 96950GAE2<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    907000 | PA      | $891604.94    | 1.89%             | 2028-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                | NOK/USD FWD 20250715                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-4298.61     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                          | CUSIP: YX9284390<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |   1722507 | PA      | $0.00         | 0.00%             | 2050-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Mountaineer Merger Junior Priming T/L (05/25)      | Mountaineer Merger Junior Priming T/L (05/25)              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    464961 | PA      | $232480.25    | 0.49%             | 2028-10-26      | Floating      | 11.54%                | No            |                  2 | On Loan: No      |
| Mountaineer Merger Senior Priming T/L (05/25)      | Mountaineer Merger Senior Priming T/L (05/25)              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     82803 | PA      | $82802.58     | 0.18%             | 2028-10-26      | Floating      | 11.33%                | No            |                  2 | On Loan: No      |
| MAGNITE INC                                        | Magnite Inc                                                | CUSIP: 55955NAG3<br>LEI: 54930018FR2YX1HHSB02 | Long             | LON              | CORP              | US        |   2807262 | PA      | $2819543.64   | 5.98%             | 2031-02-06      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                           | Consolidated Communications Inc                            | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   1358000 | PA      | $1385231.21   | 2.94%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CTO REALTY GROWTH INC                              | CTO Realty Growth Inc                                      | CUSIP: 22948Q200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7859 | NS      | $158201.67    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FORMYCON AG                                        | Formycon AG                                                | CUSIP: YN7703302<br>LEI: 39120005TZ76GQOY8Z19 | Long             | DBT              | CORP              | DE        |   1213000 | PA      | $1436001.79   | 3.05%             | 2029-07-09      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                           | Consolidated Communications Inc                            | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    187000 | PA      | $189091.63    | 0.40%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONTAINER STORE                                    | Container Store Inc/The                                    | CUSIP: 21075BAQ4<br>LEI: RU4H3CU9QRX4TIC35822 | Long             | LON              | CORP              | US        |    584253 | PA      | $321338.92    | 0.68%             | 2029-07-30      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| CALLIGO UK LTD                                     | Calligo UK Ltd                                             | CUSIP: BT0607353<br>LEI: 549300ZTMDJ5UKV05P96 | Long             | DBT              | CORP              | GB        |    107174 | PA      | $29036.58     | 0.06%             | 2028-12-29      | Fixed         | 8.98%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obliga                     | First American Treasury Obligations Fund                   | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   2267504 | NS      | $2267504.02   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVE POINT OP CO LP/FIVE                           | Five Point Operating Co LP / Five Point Capital Corp       | CUSIP: 33834YAB4<br>LEI: N/A                  | Long             | SN               | CORP              | US        |    175474 | PA      | $178644.21    | 0.38%             | 2028-01-15      | Variable      | 10.50%                | No            |                  2 | On Loan: No      |
| UPHEALTH INC                                       | UpHealth Inc                                               | CUSIP: 91532BAC5<br>LEI: 549300OSKGXG2OH2XE50 | Long             | DBT              | CORP              | US        |    185000 | PA      | $172975.00    | 0.37%             | 2025-12-15      | Floating      | 13.40%                | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                               | Western Digital Corp                                       | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   2738000 | PA      | $2733787.04   | 5.80%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OUTERSTUFF LLC                                     | Outerstuff LLC                                             | CUSIP: N/A<br>LEI: 549300RQBRV8J7FCIM71       | Long             | LON              | CORP              | US        |   1155637 | PA      | $1162860.22   | 2.47%             | 2027-12-31      | Floating      | 11.96%                | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC                               | Cengage Learning Inc                                       | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    502211 | PA      | $503999.19    | 1.07%             | 2031-03-24      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                | NOK/USD FWD 20250715                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-46191.28    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| RA PARENT INC                                      | RA PARENT INC                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |         3 | NS      | $195000.00    | 0.41%             |  |  |  | No            |                  3 | On Loan: No      |
| FORUM ENERGY TECHNOLOGIE                           | Forum Energy Technologies Inc                              | CUSIP: YU7565416<br>LEI: 549300SF93HLCR1REE27 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2498534.91   | 5.30%             | 2029-11-07      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                               | GrubHub Holdings Inc                                       | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1054031.82   | 2.24%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SIZZLING PLATT/FIN CO                              | Sizzling Platter LLC / Sizzling Platter Finance Corp       | CUSIP: 830146AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1146000 | PA      | $1146557.40   | 2.43%             | 2025-11-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| XPO INC                                            | XPO Inc                                                    | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    471000 | PA      | $478821.74    | 1.02%             | 2028-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NOVEDO HOLDINGS AB                                 | Novedo Holding AB                                          | CUSIP: YV5581777<br>LEI: 984500F0A56FIF3C6091 | Long             | DBT              | CORP              | SE        |  10000000 | PA      | $1051696.98   | 2.23%             | 2027-09-23      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                          | CUSIP: ZD4139261<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |    254920 | PA      | $0.00         | 0.00%             | 2028-02-02      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| SLR GROUP GMBH                                     | SLR Group GmbH                                             | CUSIP: ZD9638846<br>LEI: 529900WJI20NRSA96C93 | Long             | DBT              | CORP              | DE        |    163000 | PA      | $183126.11    | 0.39%             | 2027-10-09      | Floating      | 9.36%                 | No            |                  2 | On Loan: No      |
| NORDWEST INDUSTRIE GROUP                           | Nordwest Industrie Group GmbH                              | CUSIP: YU4048051<br>LEI: 529900CQ8HW6B72Y2F81 | Long             | DBT              | CORP              | DE        |    880000 | PA      | $656512.67    | 1.39%             | 2028-11-06      | Floating      | 8.89%                 | No            |                  2 | On Loan: No      |
| HAWK INFINITY SOFTWARE                             | Hawk Infinity Software AS                                  | CUSIP: YS9609746<br>LEI: 549300B1TJBVGILMBQ39 | Long             | DBT              | CORP              | NO        |   2500000 | PA      | $251027.67    | 0.53%             | 2029-10-15      | Floating      | 11.10%                | No            |                  2 | On Loan: No      |
| KEYTO GROUP AB                                     | KEYTO Group AB                                             | CUSIP: ZB4254650<br>LEI: 6367005G88MCU6C7PJ78 | Long             | DBT              | CORP              | SE        |  10000000 | PA      | $1059624.35   | 2.25%             | 2029-05-08      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                | SEK/USD FWD 20250715                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-122018.95   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLAR LNG LTD                                      | Golar LNG Ltd                                              | CUSIP: 38046YAC5<br>LEI: 213800C2VSFZG3EZLO34 | Long             | DBT              | CORP              | BM        |    600000 | PA      | $617250.00    | 1.31%             | 2030-12-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                                 | Kohl's Corp                                                | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    234000 | PA      | $242585.93    | 0.51%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AUDACY CAPITAL LLC                                 | Audacy Capital LLC                                         | CUSIP: 05070XAB7<br>LEI: 549300S5JUSXRHNCHD80 | Long             | LON              | CORP              | US        |    791926 | PA      | $660466.04    | 1.40%             | 2029-09-28      | Floating      | 10.44%                | No            |                  2 | On Loan: No      |
| Micromont                                          | Micromont                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    152240 | PA      | $152240.05    | 0.32%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FELLESKJOPET AGRI SA                               | Felleskjopet Agri SA                                       | CUSIP: YQ3569536<br>LEI: 5967007LIEEXZXI1I867 | Long             | DBT              | CORP              | NO        |   9000000 | PA      | $893179.59    | 1.89%             | 2030-03-19      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| NEXUS NEWCO BV                                     | Nexus Newco BV                                             | CUSIP: YO4254034<br>LEI: 724500HA69XH0YFJPF52 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $1065458.87   | 2.26%             | 2030-06-04      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTL CORP                             | CROWN CASTLE INTL CORP                                     | CUSIP: 22823PUN1<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    925000 | PA      | $922172.09    | 1.96%             | 2025-07-22      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GCI LLC                                            | GCI LLC                                                    | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $967487.58    | 2.05%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                                | Go Daddy Operating Co LLC / GD Finance Co Inc              | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    726000 | PA      | $725775.96    | 1.54%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Go North Group AB                                  | Go North Group AB                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |      8153 | PA      | $0.00         | 0.00%             | 2026-02-09      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| INTENO GROUP                                       | Inteno Group AB                                            | CUSIP: BY5266105<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    200000 | PA      | $173159.15    | 0.37%             | 2026-09-06      | Floating      | 9.46%                 | No            |                  2 | On Loan: No      |
| CABONLINE GROUP HOLD                               | Cabonline Group Holding AB                                 | CUSIP: ZH5209213<br>LEI: 549300PB67LZ38PTO750 | Long             | DBT              | CORP              | SE        |   3364000 | PA      | $343568.27    | 0.73%             | 2028-03-19      | None          | 12.00%                | No            |                  2 | On Loan: No      |
| ZIFF DAVIS INC                                     | Ziff Davis Inc                                             | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |    892000 | PA      | $833564.52    | 1.77%             | 2030-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TELUS CORPORATION                                  | TELUS CORPORATION                                          | CUSIP: 87974PVB6<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    841000 | PA      | $836495.44    | 1.77%             | 2025-08-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Audacy Warrants                                    | Audacy Warrants                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      1434 | NS      | $14340.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SECOP GROUP HLDG GMBH                              | Secop Group Holding GmbH                                   | CUSIP: ZK8432245<br>LEI: 3912009IWWPURB35WO49 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $180667.82    | 0.38%             | 2026-12-29      | Floating      | 10.38%                | No            |                  2 | On Loan: No      |
| STOCKWIK FORVALTNING                               | Stockwik Forvaltning AB                                    | CUSIP: YN3342642<br>LEI: 213800X1259MBEKD5H24 | Long             | DBT              | CORP              | SE        |  10000000 | PA      | $1063588.03   | 2.26%             | 2029-06-26      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| TCSHO                                              | TCSHO                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20607 | NS      | $5151.75      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                   | Getty Images Inc                                           | CUSIP: 374276AJ2<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    541000 | PA      | $530618.05    | 1.13%             | 2027-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN AIRLINES 13-1A                            | Hawaiian Airlines 2013-1 Class A Pass Through Certificates | CUSIP: 419838AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1169466 | PA      | $1146076.49   | 2.43%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                          | CUSIP: ZD5873868<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |    329496 | PA      | $181222.80    | 0.38%             | 2026-02-09      | None          | 10.15%                | No            |                  2 | On Loan: No      |
| STOCKWIK FORVALTNING                               | Stockwik Forvaltning AB                                    | CUSIP: ZL4689937<br>LEI: 213800X1259MBEKD5H24 | Long             | DBT              | CORP              | SE        |   8750000 | PA      | $944512.41    | 2.00%             | 2026-03-20      | Floating      | 10.15%                | No            |                  2 | On Loan: No      |
| OREXO AB                                           | Orexo AB                                                   | CUSIP: ZD5840446<br>LEI: 549300LJ5CCWDPTK9Z08 | Long             | DBT              | CORP              | SE        |   1250000 | PA      | $124855.99    | 0.26%             | 2028-03-28      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| VERVE GROUP SE                                     | Verve Group SE                                             | CUSIP: YR9250543<br>LEI: 391200UIIWMXRLGARB95 | Long             | DBT              | CORP              | SE        |    414000 | PA      | $485234.35    | 1.03%             | 2029-04-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| MANGROVE LUXCO III                                 | Mangrove Luxco III Sarl                                    | CUSIP: YW1323271<br>LEI: 549300GLJSZN1PU7T586 | Long             | DBT              | CORP              | LU        |    607000 | PA      | $722794.50    | 1.53%             | 2029-07-15      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| TACORA RESOURCES INC                               | Tacora Resources Inc                                       | CUSIP: 87356LAC4<br>LEI: 549300L67A19OXSFBA84 | Long             | DBT              | CORP              | CA        |    757525 | PA      | $151504.90    | 0.32%             | 2025-12-31      | None          | 13.00%                | No            |                  3 | On Loan: No      |
| ELEVATE TEXTILES INC                               | Elevate Textiles Inc                                       | CUSIP: 28622DAD2<br>LEI: M4ZRS7E9USM0DKM0N876 | Long             | LON              | CORP              | US        |    763402 | PA      | $765944.63    | 1.62%             | 2027-09-30      | Floating      | 12.95%                | No            |                  2 | On Loan: No      |
| NYNAS AB                                           | Nynas AB                                                   | CUSIP: YO6695168<br>LEI: 5493007VGEKBZGZ6PC69 | Long             | DBT              | CORP              | SE        |    250000 | PA      | $251145.83    | 0.53%             | 2028-06-17      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| NORWEGIAN GOVERNMENT                               | Norway Government Bond                                     | CUSIP: YR2442626<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |   6250000 | PA      | $617376.16    | 1.31%             | 2035-06-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ESMAEILZADEH HOLDING AB                            | Esmaeilzadeh Holding AB                                    | CUSIP: YO0507336<br>LEI: 549300T6QRNXUOE2MB11 | Long             | DBT              | CORP              | SE        |   1395270 | PA      | $127217.79    | 0.27%             | 2028-04-28      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| MAGLE CHEMOSWED HOLD                               | Magle Chemoswed Holding AB                                 | CUSIP: YN4178466<br>LEI: 549300FNJZS6NGFB6M31 | Long             | DBT              | CORP              | SE        |  12500000 | PA      | $1281590.55   | 2.72%             | 2028-07-04      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY PARTNERS LP                             | NGL Energy Partners LP                                     | CUSIP: 62913M206<br>LEI: 5299005YSRP46BE8Z459 | Long             | EP               | CORP              | US        |     27846 | NS      | $611219.70    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES INC                              | SS&C Technologies Inc                                      | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    869000 | PA      | $869170.06    | 1.84%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STONEX GROUP INC                                   | StoneX Group Inc                                           | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |    257000 | PA      | $269562.35    | 0.57%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SUMMIT MIDSTREAM HOLDING                           | Summit Midstream Holdings LLC                              | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    544000 | PA      | $555826.02    | 1.18%             | 2029-10-31      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| MANGROVE LUXCO III                                 | Mangrove Luxco III Sarl                                    | CUSIP: YW1323297<br>LEI: 549300GLJSZN1PU7T586 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $357229.57    | 0.76%             | 2029-07-15      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| TEGRA118 WEALTH SOLUTION                           | Tegra118 Wealth Solutions Inc                              | CUSIP: 33774UAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    908615 | PA      | $900664.80    | 1.91%             | 2027-02-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** Trust for Professional Managers

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer