# EDGAR Filing Document

**Accession Number:** 0001830437
**File Stem:** 0002066578-25-000200
**Filing Date:** 2025-8
**Character Count:** 56065
**Document Hash:** 51b7c53facfdc4a544d7876f7e379d47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-000200.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0002066578-25-000200

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Perpetual Americas Funds Trust
- **CENTRAL INDEX KEY:** 0001830437

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23615
- **FILM NUMBER:** 251253942

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CONGRESS STREET, SUITE 3101
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114
- **BUSINESS PHONE:** 617-993-0716

**MAIL ADDRESS:**
- **STREET 1:** 1 CONGRESS STREET, SUITE 3101
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JOHCM Funds Trust
- **DATE OF NAME CHANGE:** 20201029

## Series and Classes Contracts Data

### Trillium ESG Small/Mid Cap Fund (Series ID: S000081439)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000244336 | Institutional Shares | TSMDX           |

## Nport-Ex

------

**TRILLIUM ESG GLOBAL EQUITY FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| COMMON STOCKS | 99.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Automotive | 2.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BYD Co. Ltd. - Class H |  | 321939 | &nbsp;&nbsp; $5023921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cie Generale des Etablissements Michelin S.C.A. |  | 262851 | &nbsp;&nbsp; 9765584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Denso Corp. |  | 366434 | &nbsp;&nbsp; 4963227 |
|  |  |  | &nbsp;&nbsp; 19752732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banking | 6.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credicorp Ltd. |  | 26828 | &nbsp;&nbsp; 5996595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DNB Bank ASA |  | 284117 | &nbsp;&nbsp; 7853146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grupo Financiero Banorte S.A.B. de C.V., Series O |  | 547034 | &nbsp;&nbsp; 5000254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; HDFC Bank Ltd. - ADR |  | 100312 | &nbsp;&nbsp; 7690921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KBC Group N.V. |  | 80092 | &nbsp;&nbsp; 8270228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PNC Financial Services Group (The), Inc. |  | 52937 | &nbsp;&nbsp; 9868515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Group, Inc. |  | 331099 | &nbsp;&nbsp; 8826701 |
|  |  |  | &nbsp;&nbsp; 53506360 |
| &nbsp;&nbsp;&nbsp;&nbsp; Biotechnology & Pharmaceuticals | 5.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AstraZeneca PLC |  | 70081 | &nbsp;&nbsp; 9735105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gilead Sciences, Inc. |  | 64453 | &nbsp;&nbsp; 7145904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Merck & Co., Inc. |  | 84149 | &nbsp;&nbsp; 6661235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Novo Nordisk A/S - Class B |  | 128579 | &nbsp;&nbsp; 8924149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Roche Holding A.G. (Genusschein) |  | 18060 | &nbsp;&nbsp; 5881535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals, Inc.<sup>(a)</sup> <br>|  | 18387 | &nbsp;&nbsp; 8185892 |
|  |  |  | &nbsp;&nbsp; 46533820 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 2.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Liquide S.A. |  | 53591 | &nbsp;&nbsp; 11056154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ecolab, Inc. |  | 35727 | &nbsp;&nbsp; 9626283 |
|  |  |  | &nbsp;&nbsp; 20682437 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Support Services | 2.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brambles Ltd. |  | 575824 | &nbsp;&nbsp; 8875678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Compass Group PLC |  | 219206 | &nbsp;&nbsp; 7423034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recruit Holdings Co. Ltd. |  | 87224 | &nbsp;&nbsp; 5169660 |
|  |  |  | &nbsp;&nbsp; 21468372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction Materials | 0.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sika A.G. - REG |  | 26828 | &nbsp;&nbsp; 7283069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Containers & Packaging | 0.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Klabin S.A. |  | 754526 | &nbsp;&nbsp; 2562258 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Industrials | 1.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Siemens A.G. - REG |  | 42532 | &nbsp;&nbsp; 10904390 |
| &nbsp;&nbsp;&nbsp;&nbsp; E-Commerce Discretionary | 1.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MercadoLibre, Inc.<sup>(a)</sup> <br>|  | 4450 | &nbsp;&nbsp; 11630653 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric Utilities | 0.8<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Terna - Rete Elettrica Nazionale |  | 682614 | &nbsp;&nbsp; 7016448 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment | 4.0<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assa Abloy AB - Class B |  | 200884 | &nbsp;&nbsp; 6268004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prysmian S.p.A. |  | 152004 | &nbsp;&nbsp; 10750350 |

---

------

**TRILLIUM ESG GLOBAL EQUITY FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schneider Electric S.E. |  | 24145 | &nbsp;&nbsp; $6422114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trane Technologies PLC |  | 22313 | &nbsp;&nbsp; 9759929 |
|  |  |  | &nbsp;&nbsp; 33200397 |
| &nbsp;&nbsp;&nbsp;&nbsp; Engineering & Construction | 1.0<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Quanta Services, Inc. |  | 21855 | &nbsp;&nbsp; 8262938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Entertainment Content | 1.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netflix, Inc.<sup>(a)</sup> <br>|  | 10731 | &nbsp;&nbsp; 14370204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food | 3.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kerry Group PLC - Class A |  | 86112 | &nbsp;&nbsp; 9509591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; McCormick & Co., Inc. (Non Voting) |  | 99330 | &nbsp;&nbsp; 7531201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nestle S.A. - REG |  | 109014 | &nbsp;&nbsp; 10830643 |
|  |  |  | &nbsp;&nbsp; 27871435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gas & Water Utilities | 1.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Water Works Co., Inc. |  | 68902 | &nbsp;&nbsp; 9584957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Facilities & Services | 1.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elevance Health, Inc. |  | 25520 | &nbsp;&nbsp; 9926259 |
| &nbsp;&nbsp;&nbsp;&nbsp; Home Construction | 0.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Daiwa House Industry Co. Ltd. |  | 138329 | &nbsp;&nbsp; 4758737 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Products | 2.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; L'Oreal S.A. |  | 25520 | &nbsp;&nbsp; 10915253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unilever PLC |  | 220776 | &nbsp;&nbsp; 13460867 |
|  |  |  | &nbsp;&nbsp; 24376120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Institutional Financial Services | 3.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) Corp. |  | 140488 | &nbsp;&nbsp; 12799862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intercontinental Exchange, Inc. |  | 74530 | &nbsp;&nbsp; 13674019 |
|  |  |  | &nbsp;&nbsp; 26473881 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 3.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AIA Group Ltd. |  | 684249 | &nbsp;&nbsp; 6136489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allianz S.E. - REG |  | 26893 | &nbsp;&nbsp; 10900610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aviva PLC |  | 744646 | &nbsp;&nbsp; 6329081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travelers (The) Cos., Inc. |  | 26109 | &nbsp;&nbsp; 6985202 |
|  |  |  | &nbsp;&nbsp; 30351382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Internet Media & Services | 6.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alphabet, Inc. - Class A |  | 196304 | &nbsp;&nbsp; 34594654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rightmove PLC |  | 737383 | &nbsp;&nbsp; 7981963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spotify Technology S.A.<sup>(a)</sup> <br>|  | 15900 | &nbsp;&nbsp; 12200706 |
|  |  |  | &nbsp;&nbsp; 54777323 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services | 1.0<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accenture PLC - Class A |  | 28268 | &nbsp;&nbsp; 8449022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Leisure Facilities & Services | 2.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chipotle Mexican Grill, Inc.<sup>(a)</sup> <br>|  | 152790 | &nbsp;&nbsp; 8579158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marriott International, Inc. - Class A |  | 27613 | &nbsp;&nbsp; 7544148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Starbucks Corp. |  | 56012 | &nbsp;&nbsp; 5132380 |
|  |  |  | &nbsp;&nbsp; 21255686 |

---

------

**TRILLIUM ESG GLOBAL EQUITY FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery | 2.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Atlas Copco AB - Class A |  | 359236 | &nbsp;&nbsp; $5803805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deere & Co. |  | 14722 | &nbsp;&nbsp; 7485990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kurita Water Industries Ltd. |  | 142058 | &nbsp;&nbsp; 5620961 |
|  |  |  | &nbsp;&nbsp; 18910756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Medical Equipment & Devices | 2.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cochlear Ltd. |  | 33372 | &nbsp;&nbsp; 6598360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hoya Corp. |  | 45804 | &nbsp;&nbsp; 5456530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stryker Corp. |  | 15639 | &nbsp;&nbsp; 6187258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. |  | 14331 | &nbsp;&nbsp; 5810647 |
|  |  |  | &nbsp;&nbsp; 24052795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Investment Trusts | 1.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Tower Corp. |  | 27156 | &nbsp;&nbsp; 6002019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prologis, Inc. |  | 74138 | &nbsp;&nbsp; 7793387 |
|  |  |  | &nbsp;&nbsp; 13795406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Services | 0.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc.<sup>(a)</sup> <br>|  | 24080 | &nbsp;&nbsp; 6159182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Renewable Energy | 0.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; First Solar, Inc.<sup>(a)</sup> <br>|  | 47047 | &nbsp;&nbsp; 7788160 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail - Consumer Staples | 1.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Costco Wholesale Corp. |  | 4057 | &nbsp;&nbsp; 4016187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Target Corp. |  | 77933 | &nbsp;&nbsp; 7688090 |
|  |  |  | &nbsp;&nbsp; 11704277 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail - Discretionary | 4.1<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ferguson Enterprises, Inc. |  | 35793 | &nbsp;&nbsp; 7821697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industria de Diseno Textil S.A. |  | 126093 | &nbsp;&nbsp; 6562111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lululemon Athletica, Inc.<sup>(a)</sup> <br>|  | 22902 | &nbsp;&nbsp; 5441058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TJX Cos. (The), Inc. |  | 112090 | &nbsp;&nbsp; 13841994 |
|  |  |  | &nbsp;&nbsp; 33666860 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors | 10.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Applied Materials, Inc. |  | 34943 | &nbsp;&nbsp; 6397015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ASML Holding N.V. |  | 9816 | &nbsp;&nbsp; 7834925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infineon Technologies A.G. |  | 292100 | &nbsp;&nbsp; 12426421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NVIDIA Corp. |  | 265668 | &nbsp;&nbsp; 41972887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd. - ADR |  | 75511 | &nbsp;&nbsp; 17102487 |
|  |  |  | &nbsp;&nbsp; 85733735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Software | 11.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cadence Design Systems, Inc.<sup>(a)</sup> <br>|  | 31736 | &nbsp;&nbsp; 9779448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intuit, Inc. |  | 9816 | &nbsp;&nbsp; 7731376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Microsoft Corp. |  | 98741 | &nbsp;&nbsp; 49114761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Palo Alto Networks, Inc.<sup>(a)</sup> <br>|  | 31408 | &nbsp;&nbsp; 6427333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SAP S.E. |  | 21920 | &nbsp;&nbsp; 6665605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ServiceNow, Inc.<sup>(a)</sup> <br>|  | 12825 | &nbsp;&nbsp; 13185126 |
|  |  |  | &nbsp;&nbsp; 92903649 |

---

------

**TRILLIUM ESG GLOBAL EQUITY FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Finance | 2.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Visa, Inc. - Class A |  | 57517 | &nbsp;&nbsp; $20421411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware | 3.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Apple, Inc. |  | 111108 | &nbsp;&nbsp; 22796028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cisco Systems, Inc. |  | 76886 | &nbsp;&nbsp; 5334351 |
|  |  |  | &nbsp;&nbsp; 28130379 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation & Logistics | 0.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Union Pacific Corp. |  | 24866 | &nbsp;&nbsp; 5721169 |
| TOTAL COMMON STOCKS (Cost $561,838,489) |  |  | &nbsp;&nbsp; 823986659 |
| SHORT-TERM INVESTMENTS | 0.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northern Institutional Treasury Portfolio (Premier Class), 4.16%<sup>(b)</sup> <br>|  | 2468682 | &nbsp;&nbsp; 2468682 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $2,468,682) |  |  | &nbsp;&nbsp; 2468682 |
| &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS<br> (Cost $564,307,171)<br>| 99.7<br> %<br>|  | &nbsp;&nbsp; 826455341 |
| NET OTHER ASSETS (LIABILITIES) | 0.3<br> %<br>|  | &nbsp;&nbsp; 2285663 |
| NET ASSETS | 100.0<br> %<br>|  | &nbsp;&nbsp; $828741004 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup>Non-income producing security. <br> <sup>(b)</sup>7-day current yield as of June 30, 2025 is disclosed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations: <br> ADR – American Depositary Receipt <br> REG – Registered

At June 30, 2025 the Fund's investments were concentrated in the following countries:

---

| | |
|:---|:---|
| **Country Allocation** | **Percentage**<br> **of Net Assets**<br>|
| United States  | 58.3% |
| United Kingdom  | &nbsp;&nbsp; 5.4  |
| Germany  | &nbsp;&nbsp; 4.9  |
| France  | &nbsp;&nbsp; 4.6  |
| Japan  | &nbsp;&nbsp; 4.3  |
| Ireland  | &nbsp;&nbsp; 3.4  |
| Switzerland  | &nbsp;&nbsp; 2.9  |
| Italy  | &nbsp;&nbsp; 2.1  |
| Taiwan  | &nbsp;&nbsp; 2.0  |
| All other countries less than 2%  | 11.8  |
| Total | &nbsp;&nbsp; 99.7% |

---

------

**TRILLIUM ESG SMALL/MID CAP FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| COMMON STOCKS | 98.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | 1.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hexcel Corp. |  | 7267 | &nbsp;&nbsp; $410513 |
| &nbsp;&nbsp;&nbsp;&nbsp; Apparel & Textile Products | 1.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deckers Outdoor Corp.<sup>(a)</sup> <br>|  | 6163 | &nbsp;&nbsp; 635220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset Management | 3.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LPL Financial Holdings, Inc. |  | 1555 | &nbsp;&nbsp; 583078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stifel Financial Corp. |  | 6466 | &nbsp;&nbsp; 671042 |
|  |  |  | &nbsp;&nbsp; 1254120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banking | 5.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; East West Bancorp, Inc. |  | 8483 | &nbsp;&nbsp; 856613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fifth Third Bancorp |  | 10412 | &nbsp;&nbsp; 428246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Webster Financial Corp. |  | 12107 | &nbsp;&nbsp; 661042 |
|  |  |  | &nbsp;&nbsp; 1945901 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 3.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avery Dennison Corp. |  | 1894 | &nbsp;&nbsp; 332340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ingevity Corp.<sup>(a)</sup> <br>|  | 9168 | &nbsp;&nbsp; 395049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Corp.<sup>(a)</sup> <br>|  | 2783 | &nbsp;&nbsp; 190580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sensient Technologies Corp. |  | 3461 | &nbsp;&nbsp; 340978 |
|  |  |  | &nbsp;&nbsp; 1258947 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction Materials | 1.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trex Co., Inc.<sup>(a)</sup> <br>|  | 7711 | &nbsp;&nbsp; 419324 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Services | 1.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bright Horizons Family Solutions, Inc.<sup>(a)</sup> <br>|  | 5157 | &nbsp;&nbsp; 637354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Containers & Packaging | 1.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AptarGroup, Inc. |  | 3250 | &nbsp;&nbsp; 508398 |
| &nbsp;&nbsp;&nbsp;&nbsp; E-Commerce Discretionary | 0.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Etsy, Inc.<sup>(a)</sup> <br>|  | 6074 | &nbsp;&nbsp; 304672 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric Utilities | 1.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ormat Technologies, Inc. |  | 5559 | &nbsp;&nbsp; 465622 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment | 5.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegion PLC |  | 2455 | &nbsp;&nbsp; 353815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Badger Meter, Inc. |  | 1561 | &nbsp;&nbsp; 382367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nVent Electric PLC |  | 6261 | &nbsp;&nbsp; 458618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trimble, Inc.<sup>(a)</sup> <br>|  | 8758 | &nbsp;&nbsp; 665433 |
|  |  |  | &nbsp;&nbsp; 1860233 |
| &nbsp;&nbsp;&nbsp;&nbsp; Engineering & Construction | 3.4<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MYR Group, Inc.<sup>(a)</sup> <br>|  | 4057 | &nbsp;&nbsp; 736142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tetra Tech, Inc. |  | 11255 | &nbsp;&nbsp; 404730 |
|  |  |  | &nbsp;&nbsp; 1140872 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food | 3.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Darling Ingredients, Inc.<sup>(a)</sup> <br>|  | 5771 | &nbsp;&nbsp; 218952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc. |  | 7325 | &nbsp;&nbsp; 379801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; McCormick & Co., Inc. (Non Voting) |  | 7945 | &nbsp;&nbsp; 602390 |
|  |  |  | &nbsp;&nbsp; 1201143 |

---

------

**TRILLIUM ESG SMALL/MID CAP FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Gas & Water Utilities | 0.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Essential Utilities, Inc. |  | 5157 | &nbsp;&nbsp; $191531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Facilities & Services | 4.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Encompass Health Corp. |  | 5700 | &nbsp;&nbsp; 698991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ICON PLC<sup>(a)</sup> <br>|  | 3028 | &nbsp;&nbsp; 440422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. |  | 2228 | &nbsp;&nbsp; 400216 |
|  |  |  | &nbsp;&nbsp; 1539629 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Products | 1.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; elf Beauty, Inc.<sup>(a)</sup> <br>|  | 3526 | &nbsp;&nbsp; 438775 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Intermediate Products | 2.0<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valmont Industries, Inc. |  | 2029 | &nbsp;&nbsp; 662611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 4.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hanover Insurance Group (The), Inc. |  | 3922 | &nbsp;&nbsp; 666230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Palomar Holdings, Inc.<sup>(a)</sup> <br>|  | 2473 | &nbsp;&nbsp; 381461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. |  | 2731 | &nbsp;&nbsp; 541721 |
|  |  |  | &nbsp;&nbsp; 1589412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Leisure Facilities & Services | 4.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cava Group, Inc.<sup>(a)</sup> <br>|  | 4005 | &nbsp;&nbsp; 337341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Domino's Pizza, Inc. |  | 1467 | &nbsp;&nbsp; 661030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; InterContinental Hotels Group PLC - ADR |  | 3987 | &nbsp;&nbsp; 459861 |
|  |  |  | &nbsp;&nbsp; 1458232 |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery | 4.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lincoln Electric Holdings, Inc. |  | 3566 | &nbsp;&nbsp; 739303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Middleby (The) Corp.<sup>(a)</sup> <br>|  | 2000 | &nbsp;&nbsp; 288000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MSA Safety, Inc. |  | 3292 | &nbsp;&nbsp; 551509 |
|  |  |  | &nbsp;&nbsp; 1578812 |
| &nbsp;&nbsp;&nbsp;&nbsp; Medical Equipment & Devices | 6.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exact Sciences Corp.<sup>(a)</sup> <br>|  | 4320 | &nbsp;&nbsp; 229565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Merit Medical Systems, Inc.<sup>(a)</sup> <br>|  | 8711 | &nbsp;&nbsp; 814304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Omnicell, Inc.<sup>(a)</sup> <br>|  | 11506 | &nbsp;&nbsp; 338276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Penumbra, Inc.<sup>(a)</sup> <br>|  | 1719 | &nbsp;&nbsp; 441147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TransMedics Group, Inc.<sup>(a)</sup> <br>|  | 2853 | &nbsp;&nbsp; 382331 |
|  |  |  | &nbsp;&nbsp; 2205623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Publishing & Broadcasting | 2.0<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Times (The) Co. - Class A |  | 12383 | &nbsp;&nbsp; 693200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Investment Trusts | 4.7<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Camden Property Trust |  | 2333 | &nbsp;&nbsp; 262906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CubeSmart |  | 7337 | &nbsp;&nbsp; 311822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EastGroup Properties, Inc. |  | 2753 | &nbsp;&nbsp; 460081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal Realty Investment Trust |  | 3145 | &nbsp;&nbsp; 298744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lamar Advertising Co. - Class A |  | 2128 | &nbsp;&nbsp; 258254 |
|  |  |  | &nbsp;&nbsp; 1591807 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Services | 1.8<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc.<sup>(a)</sup> <br>|  | 2438 | &nbsp;&nbsp; 623592 |

---

------

**TRILLIUM ESG SMALL/MID CAP FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Percentage**<br> **of Net**<br> **Assets**<br>| **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Renewable Energy | 1.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; First Solar, Inc.<sup>(a)</sup> <br>|  | 2689 | &nbsp;&nbsp; $445137 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail - Consumer Staples | 2.0<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc.<sup>(a)</sup> <br>|  | 6255 | &nbsp;&nbsp; 674477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail - Discretionary | 3.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Burlington Stores, Inc.<sup>(a)</sup> <br>|  | 2543 | &nbsp;&nbsp; 591603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freshpet, Inc.<sup>(a)</sup> <br>|  | 3800 | &nbsp;&nbsp; 258248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ulta Beauty, Inc.<sup>(a)</sup> <br>|  | 818 | &nbsp;&nbsp; 382677 |
|  |  |  | &nbsp;&nbsp; 1232528 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors | 4.9<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegro MicroSystems, Inc.<sup>(a)</sup> <br>|  | 25829 | &nbsp;&nbsp; 883093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SiTime Corp.<sup>(a)</sup> <br>|  | 3748 | &nbsp;&nbsp; 798624 |
|  |  |  | &nbsp;&nbsp; 1681717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Software | 8.1<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Confluent, Inc. - Class A<sup>(a)</sup> <br>|  | 12295 | &nbsp;&nbsp; 306514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CyberArk Software Ltd.<sup>(a)</sup> <br>|  | 2513 | &nbsp;&nbsp; 1022489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dynatrace, Inc.<sup>(a)</sup> <br>|  | 13903 | &nbsp;&nbsp; 767585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Paylocity Holding Corp.<sup>(a)</sup> <br>|  | 3631 | &nbsp;&nbsp; 657901 |
|  |  |  | &nbsp;&nbsp; 2754489 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Finance | 3.2<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ally Financial, Inc. |  | 10325 | &nbsp;&nbsp; 402159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. |  | 3789 | &nbsp;&nbsp; 682664 |
|  |  |  | &nbsp;&nbsp; 1084823 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation & Logistics | 1.5<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JB Hunt Transport Services, Inc. |  | 3607 | &nbsp;&nbsp; 517965 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation Equipment | 1.6<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp. |  | 2590 | &nbsp;&nbsp; 542216 |
| TOTAL COMMON STOCKS (Cost $29,582,053) |  |  | &nbsp;&nbsp; 33548895 |
| SHORT-TERM INVESTMENTS | 1.3<br> %<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northern Institutional Treasury Portfolio (Premier Class), 4.16%<sup>(b)</sup> <br>|  | 447051 | &nbsp;&nbsp; 447051 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $447,051) |  |  | &nbsp;&nbsp; 447051 |
| &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS<br> (Cost $30,029,104)<br>| 100.0<br> %<br>|  | &nbsp;&nbsp; 33995946 |
| NET OTHER ASSETS (LIABILITIES) | (0.0<br> %)<br>|  | &nbsp;&nbsp; (7881)<br>|
| NET ASSETS | 100.0<br> %<br>|  | &nbsp;&nbsp; $33988065 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup>Non-income producing security. <br> <sup>(b)</sup>7-day current yield as of June 30, 2025 is disclosed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations: <br> ADR – American Depositary Receipt

------

**TRILLIUM ESG SMALL/MID CAP FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025 (Unaudited)** 

------

At June 30, 2025 the industry sectors (excluding short-term investments) for the Trillium ESG Small/Mid Cap Fund were:

---

| | |
|:---|:---|
| **Sector Allocation** | **% of Net Assets** |
| Industrials  | 19.8% |
| Financials  | 17.3  |
| Information Technology  | 16.1  |
| Consumer Discretionary  | 11.8  |
| Health Care  | 11.0  |
| Consumer Staples  | &nbsp;&nbsp; 7.6  |
| Real Estate  | &nbsp;&nbsp; 6.5  |
| Materials  | &nbsp;&nbsp; 4.6  |
| Communication Services  | &nbsp;&nbsp; 2.1  |
| Utilities  | &nbsp;&nbsp; 1.9  |
| Total | &nbsp;&nbsp; 98.7% |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Perpetual Americas Funds Trust

- **b. Investment Company Act file number:** 811-23615

- **c. CIK number of Registrant:** 0001830437

- **d. LEI of Registrant:** 549300T1VINOEO8DGR87

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

  - **Street Address 1:** 1 Congress Street, Suite 3101

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02114

  - **Telephone number:** 617-993-0716

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

- **a. Name of Series:** Trillium ESG Small/Mid Cap Fund

- **b. EDGAR series identifier (if any):** S000081439

- **c. LEI of Series:** 5493000KWUKJKUFLWM63

**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:** $34037532.40

**Total Liabilities:** $49467.16

**Net Assets:** $33988065.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244336 | -1.56%               | 7.56%                | 2.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-514739.10                                |
| Month 2  | $55342.72                | $2280095.78                                |
| Month 3  | $29349.59                | $886000.98                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Merit Medical Systems Inc.                 | Merit Medical Systems Inc. COM NPV                            | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      8711 | NS      | $814304.28    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| The New York Times Company                 | The New York Times Company CLASS'A'COM USD0.10                | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |     12383 | NS      | $693200.34    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated             | Quest Diagnostics Incorporated COM USD0.01                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      2228 | NS      | $400215.64    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                | Trimble Inc COM NPV                                           | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      8758 | NS      | $665432.84    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc                    | Essential Utilities Inc COM                                   | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |      5157 | NS      | $191530.98    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                              | Confluent Inc CLASS A COM                                     | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     12295 | NS      | $306514.35    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                | LPL Financial Holdings Inc. COM USD0.001                      | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      1555 | NS      | $583078.35    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Incorporated            | Jones Lang LaSalle Incorporated COM USD0.01                   | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      2438 | NS      | $623591.64    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptargroup Inc.                            | Aptargroup Inc. COM USD0.01                                   | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      3250 | NS      | $508397.50    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.               | Henry Jack & Associates Inc. COM USD0.01                      | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      3789 | NS      | $682664.13    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corporation                 | Avery Dennison Corporation COM USD1                           | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      1894 | NS      | $332340.18    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                        | Fifth Third Bancorp COM NPV                                   | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     10412 | NS      | $428245.56    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitime Corporation                         | Sitime Corporation COM                                        | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3748 | NS      | $798623.84    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                   | Allegro MicroSystems Inc COM                                  | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25829 | NS      | $883093.51    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CAVA Group Inc.                            | CAVA Group Inc. COM                                           | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4005 | NS      | $337341.15    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust            | Federal Realty Investment Trust SH BEN INT NEW                | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |      3145 | NS      | $298743.55    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Company                  | Lamar Advertising Company COM USD0.001 CL A                   | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      2128 | NS      | $258254.08    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                   | Lamb Weston Holdings Inc COM USD1.00                          | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      7325 | NS      | $379801.25    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                              | Dynatrace Inc COM USD0.001                                    | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13903 | NS      | $767584.63    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc.                            | MSA Safety Inc. COM NPV                                       | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      3292 | NS      | $551508.76    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc.                        | Ally Financial Inc. COM USD0.01                               | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     10325 | NS      | $402158.75    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart (Maryland)                       | CubeSmart (Maryland) COM USD0.01                              | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7337 | NS      | $311822.50    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc.                              | Penumbra Inc. COM USD0.001                                    | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      1719 | NS      | $441146.97    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                         | NVent Electric PLC COM USD0.01                                | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      6261 | NS      | $458618.25    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                       | Palomar Holdings Inc COM USD0.0001                            | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      2473 | NS      | $381460.25    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                            | First Solar Inc COM STK USD0.001                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      2689 | NS      | $445137.06    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Grp Inc                                | MYR Grp Inc COM USD0.01                                       | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      4057 | NS      | $736142.65    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutions Inc Del   | Bright Horizons Family Solutions Inc Del COM USD0.001         | CUSIP: 109194100<br>LEI: 254900BHOU40CFNXWQ75 | Long             | EC               | CORP              | US        |      5157 | NS      | $637353.63    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion PLC                               | Allegion PLC COM USD0.01                                      | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |      2455 | NS      | $353814.60    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corporation                       | Ingevity Corporation COM USD0.01                              | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |      9168 | NS      | $395049.12    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.                     | TransMedics Group Inc. COM NPV                                | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |      2853 | NS      | $382330.53    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                     | Cyberark Software Ltd. COM ILS0.01                            | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      2513 | NS      | $1022489.44   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc             | BJ Wholesale Club Holdings Inc COM USD0.01                    | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      6255 | NS      | $674476.65    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                            | Ulta Beauty Inc COM STK USD0.01                               | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       818 | NS      | $382676.76    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                     | Burlington Stores Inc. COM USD0.0001                          | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      2543 | NS      | $591603.52    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                               | Freshpet Inc COM USD0.001                                     | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |      3800 | NS      | $258248.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation               | Encompass Health Corporation COM USD0.01                      | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      5700 | NS      | $698991.00    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated | Reinsurance Group of America, Incorporated COM USD0.01        | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      2731 | NS      | $541721.16    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                   | Icon PLC ORD EUR0.06                                          | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      3028 | NS      | $440422.60    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation              | Paylocity Holding Corporation COM USD0.001                    | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      3631 | NS      | $657900.89    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                   | Etsy Inc USD0.001                                             | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |      6074 | NS      | $304671.84    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| E L F Beauty Inc                           | E L F Beauty Inc COM USD0.01                                  | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |      3526 | NS      | $438775.44    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| InterContinental Hotels Group PLC          | InterContinental Hotels Group PLC SPON ADS EACH REP 1 ORD SHS | CUSIP: 45857P806<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |      3987 | NS      | $459860.58    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Company, Inc.                         | Trex Company, Inc. COM USD0.01                                | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7711 | NS      | $419324.18    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                      | Camden Property Trust SBI USD0.01                             | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      2333 | NS      | $262905.77    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                                | Rogers Corp CAP USD1                                          | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |      2783 | NS      | $190579.84    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corporation                         | Hexcel Corporation COM USD0.01                                | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      7267 | NS      | $410512.83    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                               | Omnicell Inc COM USD0.001                                     | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     11506 | NS      | $338276.40    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds               | Northern Institutional Funds TREAS PRT PRMR                   | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    447051 | NS      | $447050.95    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corporation                 | Exact Sciences Corporation COM USD0.01                        | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |      4320 | NS      | $229564.80    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.        | J. B. Hunt Transport Services, Inc. COM USD0.01               | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      3607 | NS      | $517965.20    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastgroup Properties, Inc.                 | Eastgroup Properties, Inc. COM USD0.0001                      | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      2753 | NS      | $460081.36    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc.             | Lincoln Electric Holdings Inc. COM NPV                        | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      3566 | NS      | $739303.12    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Company, Incorporated          | McCormick & Company, Incorporated COM NPV                     | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |      7945 | NS      | $602389.90    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                   | Valmont Industries, Inc. COM USD1                             | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      2029 | NS      | $662610.53    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                             | Tetra Tech Inc COM USD0.01                                    | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     11255 | NS      | $404729.80    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                           | Badger Meter Inc COM USD1                                     | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |      1561 | NS      | $382366.95    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation               | Stifel Financial Corporation COM USD0.15                      | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      6466 | NS      | $671041.48    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                 | Sensient Technologies Corp COM USD0.10                        | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |      3461 | NS      | $340977.72    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                    | Webster Financial Corp. COM USD0.01                           | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     12107 | NS      | $661042.20    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                                | Wabtec Corp COM USD0.01                                       | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      2590 | NS      | $542216.50    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp.                             | Middleby Corp. COM USD0.01                                    | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |      2000 | NS      | $288000.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients, Inc                   | Darling Ingredients, Inc COM USD0.01                          | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      5771 | NS      | $218951.74    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                      | Deckers Outdoor Corp. COM USD0.01                             | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      6163 | NS      | $635220.41    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                         | Dominos Pizza Inc. COM USD0.01                                | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      1467 | NS      | $661030.20    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                      | East West Bancorp Inc COM USD0.001                            | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8483 | NS      | $856613.34    | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc.                    | Ormat Technologies Inc. COM STK USD0.001                      | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |      5559 | NS      | $465621.84    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hanover Insurance Group, Inc.          | The Hanover Insurance Group, Inc. COM USD0.01                 | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      3922 | NS      | $666230.14    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-21

**Name of Applicant:** Perpetual Americas Funds Trust

**Signature:** John Stanziani

**Name of Signer:** John Stanziani

**Title:** Treasurer