# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0000894189-25-014008
**Filing Date:** 2025-11
**Character Count:** 74076
**Document Hash:** 1b0571b394e85e46ddb0d0a46229c17d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-014008.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0000894189-25-014008

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**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:** 251497163

**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 Low Duration High Income Fund (Series ID: S000060190)

| Class ID   | Class Name                                                                | Ticker Symbol   |
|:---|:---|:---|
| C000196992 | CrossingBridge Low Duration High Income Fund - Retail Class Shares        | CBLVX           |
| C000196993 | CrossingBridge Low Duration High Income Fund - Institutional Class Shares | CBLDX           |

## 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 Low Duration High Income Fund

- **b. EDGAR series identifier (if any):** S000060190

- **c. LEI of Series:** 549300HPEEU2DRMQCR25

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $1654321020.46

**Total Liabilities:** $58003436.42

**Net Assets:** $1596317584.04

**Delayed Delivery Securities:** $49495993.16

**Cash Not Reported:** $13354556.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 9424.164624000000 | **1-Year:** 16355.800670000000 | **5-Year:** 15234.214600000000 | **10-Year:** 1.256514000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 62092.748821000000 | **1-Year:** 66956.567621000000 | **5-Year:** 29976.420556000000 | **10-Year:** 724.733830000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196992 | 0.62%                | 0.54%                | 0.49%                |
| Class ID C000196993 | 0.64%                | 0.56%                | 0.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1656567.06              | $-6196138.45                               |
| Month 2  | $128595.26               | $5914671.51                                |
| Month 3  | $825663.25               | $713375.47                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMERICAN NATIONAL GROUP                            | American National Group Inc                                   | CUSIP: 025676867<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |   1110846 | NS      | $28015536.12  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC GROUP INC                                      | BGC Group Inc                                                 | CUSIP: 05555LAC5<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |   6707000 | PA      | $6883495.11   | 0.43%             | 2030-04-02      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                   | Berry Global Inc                                              | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   5163000 | PA      | $5163295.74   | 0.32%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC COM                         | CANNABIST CO HLDGS INC COM                                    | CUSIP: 13765Y400<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   4027595 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CANNABIST CO HLDGS INC COM                         | CANNABIST CO HLDGS INC COM                                    | CUSIP: 13765Y509<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   4027595 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DANA INC                                           | Dana Inc                                                      | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |  16033000 | PA      | $16023258.35  | 1.00%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| First American Government Obli                     | First American Government Obligations Fund                    | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  20855706 | NS      | $20855706.36  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC CORP                                           | FMC Corp                                                      | CUSIP: 34410WXL1<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | STIV             | CORP              | US        |  17303000 | PA      | $17255721.28  | 1.08%             | 2025-10-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                             | GE HealthCare Technologies Inc                                | CUSIP: 36267VAD5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |  17994000 | PA      | $18002220.92  | 1.13%             | 2025-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                   | Getty Images Inc                                              | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |  17976000 | PA      | $17182719.12  | 1.08%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                | Gilead Sciences Inc                                           | CUSIP: 375558BF9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   8847000 | PA      | $8833426.40   | 0.55%             | 2026-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| GLADSTONE LAND CORP                                | Gladstone Land Corp                                           | CUSIP: 376549507<br>LEI: 54930002B3Q17H38FG74 | Long             | EP               | CORP              | US        |    186390 | NS      | $4639247.10   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUBHUB HOLDINGS INC                               | GrubHub Holdings Inc                                          | CUSIP: 40010PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  42905565 | PA      | $43035987.19  | 2.70%             | 2030-07-31      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                       | CUSIP: 40412BXE8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | STIV             | CORP              | US        |  25739000 | PA      | $25693006.98  | 1.61%             | 2025-10-14      | Fixed         | 0.00%                 | 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        |  21687550 | PA      | $21493977.56  | 1.35%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                        | Hertz Vehicle Financing III LLC                               | CUSIP: 42806MCT4<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |  10076000 | PA      | $10181070.51  | 0.64%             | 2029-09-25      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| IB Acquisition Corp                                | IB Acquisition Corp                                           | CUSIP: 44934N108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90715 | NS      | $961579.00    | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| INTL FLAVORS & FRAGRANCE                           | International Flavors & Fragrances Inc                        | CUSIP: 4595A2YR4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19867218.00  | 1.24%             | 2025-11-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                     | JP Morgan Chase Commercial Mortgage Securities Trust 2021-MHC | CUSIP: 466330AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3494963 | PA      | $3495397.53   | 0.22%             | 2038-04-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Lyra MUSIC Assets (Delaware) L                     | Lyra Music Assets Delaware LP                                 | CUSIP: 552339AD5<br>LEI: 9845007N9EAB0C048A12 | Long             | ABS-O            | CORP              | US        |   8761000 | PA      | $8871775.84   | 0.56%             | 2065-09-20      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| LEAFLY HOLDINGS INC                                | Leafly Holdings Inc                                           | CUSIP: 58953MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6092000 | PA      | $5178200.00   | 0.32%             | 2025-11-01      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                           | Microchip Technology Inc                                      | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |  11462000 | PA      | $11729735.36  | 0.73%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                              | Nabors Industries Ltd                                         | CUSIP: 629571AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  21891000 | PA      | $21891890.96  | 1.37%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                              | Nabors Industries Inc                                         | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   3291000 | PA      | $3342991.22   | 0.21%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                           | New Enterprise Stone & Lime Co Inc                            | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |   2566000 | PA      | $2583129.74   | 0.16%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| OAKTREE STRATEGIC CREDIT                           | Oaktree Strategic Credit Fund                                 | CUSIP: 67403AAF6<br>LEI: 2549006RRE0JC7G43241 | Long             | DBT              | CORP              | US        |   5822000 | PA      | $5952155.29   | 0.37%             | 2030-07-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                              | SS&C Technologies Inc                                         | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |  28285000 | PA      | $28280273.58  | 1.77%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                | Sherwin-Williams Co/The                                       | CUSIP: 824348BF2<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |   8847000 | PA      | $8836883.19   | 0.55%             | 2026-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SHUTTERFLY FINANCE LLC                             | Shutterfly Finance LLC                                        | CUSIP: 82568NAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5619000 | PA      | $5670441.95   | 0.36%             | 2027-10-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| TRULIEVE CANNABIS CORP                             | Trulieve Cannabis Corp                                        | CUSIP: 89788CAD6<br>LEI: 549300122MBOJDGEZ014 | Long             | DBT              | CORP              | CA        |   5218000 | PA      | $5209859.92   | 0.33%             | 2026-10-06      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-1 A PTT                            | United Airlines 2014-1 Class A Pass Through Trust             | CUSIP: 90932PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6845027 | PA      | $6832472.23   | 0.43%             | 2026-04-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLTEC INTERNATIONAL                              | Welltec International ApS                                     | CUSIP: 95039LAA6<br>LEI: 549300MW4UJ1X7Q4F350 | Long             | DBT              | CORP              | DK        |  20641000 | PA      | $20767653.18  | 1.30%             | 2026-10-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| XPO INC                                            | XPO Inc                                                       | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |  16727000 | PA      | $17075897.95  | 1.07%             | 2028-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mercer Park Opportunities Corp                     | Mercer Park Opportunities Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   1207500 | NS      | $12449325.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| GO NORTH GROUP AB 0% BDS PERP SEK1                 | GO NORTH GROUP AB 0% BDS PERP SEK1                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    482169 | PA      | $0.00         | 0.00%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| MUTARES SE & CO                                    | Mutares SE & Co KGaA                                          | CUSIP: ZL6690784<br>LEI: 391200NWMO6NLQFSCU64 | Long             | DBT              | CORP              | DE        |   2000000 | PA      | $2424088.24   | 0.15%             | 2027-03-31      | Floating      | 10.50%                | No            |                  2 | On Loan: No      |
| GENTOO MEDIA PLC                                   | Gentoo Media PLC                                              | CUSIP: ZG3808570<br>LEI: 213800UCC6GA967UCS06 | Long             | DBT              | CORP              | MT        |   3510000 | PA      | $4218782.88   | 0.26%             | 2026-12-18      | Floating      | 9.27%                 | No            |                  2 | On Loan: No      |
| D Boral ARC Acquisition I Corp                     | D Boral ARC Acquisition I Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    200000 | NS      | $1984000.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Emmis Acquisition Corp                             | Emmis Acquisition Corp                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    175000 | NS      | $1746500.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| McKinley Acquisition Corp                          | McKinley Acquisition Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    123355 | NS      | $1232316.45   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Translational Development Acqu                     | Translational Development Acquisition Corp                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    250000 | NS      | $2588750.00   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| KANDN PARENT INC PRIORITY EXIT FACILITY S+800 2/3/ | KANDN PARENT INC PRIORITY EXIT FACILITY S+800 2/3/            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  11881898 | PA      | $11822488.15  | 0.74%             | 2027-02-03      | Floating      | 12.31%                | No            |                  2 | On Loan: No      |
| ELEVATE TEXTILES INC                               | Elevate Textiles Inc                                          | CUSIP: 28622DAD2<br>LEI: M4ZRS7E9USM0DKM0N876 | Long             | LON              | CORP              | US        |   8629880 | PA      | $8709016.00   | 0.55%             | 2027-09-30      | Floating      | 12.94%                | No            |                  2 | On Loan: No      |
| TERRIER MEDIA BUYER INC                            | CMG Media Corp                                                | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  46488081 | PA      | $44538370.44  | 2.79%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO ATLANTIC REAL ES                           | Chicago Atlantic Real Estate Finance Inc                      | CUSIP: 16723TAA6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  25349000 | PA      | $25380686.25  | 1.59%             | 2028-10-18      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| MAGNITE INC                                        | Magnite Inc                                                   | CUSIP: 55955NAG3<br>LEI: 54930018FR2YX1HHSB02 | Long             | LON              | CORP              | US        |  12477035 | PA      | $12521266.19  | 0.78%             | 2031-02-06      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| STOLT-NIELSEN LTD                                  | Stolt-Nielsen Ltd                                             | CUSIP: ZI7987343<br>LEI: 213800VZX4LWJSGRLR94 | Long             | DBT              | CORP              | BM        |  13500000 | PA      | $1395096.90   | 0.09%             | 2028-09-26      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| HMH HOLDING BV                                     | HMH Holding BV/Amsterdam                                      | CUSIP: ZH9043394<br>LEI: 8945008FRZIYPW0VW366 | Long             | DBT              | CORP              | NL        |  14906000 | PA      | $15353180.00  | 0.96%             | 2026-11-16      | Fixed         | 10.02%                | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                             | CUSIP: ZD4139261<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |   5884691 | PA      | $0.00         | 0.00%             | 2028-02-02      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                             | CUSIP: ZD5873868<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |   7610942 | PA      | $2290893.54   | 0.14%             | 2026-02-09      | None          | 10.08%                | No            |                  2 | On Loan: No      |
| BORAS V-TYGET 1 AB                                 | Boras V-tyget 1 AB                                            | CUSIP: YU6065111<br>LEI: 549300JFRI5IT5B0OX52 | Long             | DBT              | CORP              | SE        | 165900000 | PA      | $17974379.67  | 1.13%             | 2027-04-29      | Floating      | 7.87%                 | No            |                  2 | On Loan: No      |
| OP HOLDCO GMBH                                     | OP Holdco GmbH                                                | CUSIP: YT1078450<br>LEI: 391200EJZNGLOEMJB140 | Long             | DBT              | CORP              | DE        |  16900000 | PA      | $18998238.92  | 1.19%             | 2029-06-05      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| BEELUX SARL                                        | Beelux Sarl                                                   | CUSIP: YR1980121<br>LEI: 9845009685FD2FCBD712 | Long             | SN               | CORP              | LU        |  11620761 | PA      | $13202031.75  | 0.83%             | 2028-03-14      | Floating      | 8.76%                 | No            |                  2 | On Loan: No      |
| Go North Group AB                                  | Go North Group AB                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    188328 | PA      | $0.00         | 0.00%             | 2026-02-09      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| GO NORTH GROUP AB 0% PERP BDS SEK                  | GO NORTH GROUP AB 0% PERP BDS SEK                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |   1083398 | PA      | $0.00         | 0.00%             | 2027-02-09      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| GO NORTH GROUP AB 0% PERP BDS USD                  | GO NORTH GROUP AB 0% PERP BDS USD                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    200815 | PA      | $0.00         | 0.00%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| AZERION GROUP NV                                   | Azerion Group N.V.                                            | CUSIP: YK0059815<br>LEI: 7245007RB3M5PMWY6N86 | Long             | DBT              | CORP              | NL        |  16800000 | PA      | $19354270.62  | 1.21%             | 2029-10-02      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| TCSHO                                              | TCSHO                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    252306 | NS      | $63076.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FORUM ENERGY TECHNOLOGIE                           | Forum Energy Technologies Inc                                 | CUSIP: YU7565416<br>LEI: 549300SF93HLCR1REE27 | Long             | DBT              | CORP              | US        |  17250000 | PA      | $18130539.91  | 1.14%             | 2029-11-07      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Alterna Funding LLC                                | Alterna Funding III LLC                                       | CUSIP: 02157JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750132 | PA      | $1754888.20   | 0.11%             | 2039-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| ARRAY TECHNOLOGIES INC                             | Array Technologies Inc                                        | CUSIP: 04271TAB6<br>LEI: 549300JM5FECYJQ85V37 | Long             | DBT              | CORP              | US        |   3423000 | PA      | $2976357.17   | 0.19%             | 2028-12-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Trust 2024-BIO                                             | CUSIP: 05612AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4170000 | PA      | $4168913.72   | 0.26%             | 2041-02-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2024-KING                        | CUSIP: 05612RAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2674787 | PA      | $2680238.16   | 0.17%             | 2034-05-15      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURC                           | Canadian Natural Resources Ltd                                | CUSIP: 13638WX80<br>LEI: 549300T15RIMIKZC5Q38 | Long             | STIV             | CORP              | CA        |  12612000 | PA      | $12599580.96  | 0.79%             | 2025-10-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                           | Consolidated Communications Inc                               | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |  23925000 | PA      | $24224062.50  | 1.52%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Container Store Inc. Super Sr. Loan                | Container Store Inc. Super Sr. Loan                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4642629 | PA      | $4642629.10   | 0.29%             | 2029-04-30      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Trust 2025-LUNR                                            | CUSIP: 05594CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17859884 | PA      | $17919989.30  | 1.12%             | 2040-06-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| DGWD Trust                                         | DGWD Trust 2025-INFL                                          | CUSIP: 23347FAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2180000 | PA      | $2182788.66   | 0.14%             | 2035-08-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| EURONET WORLDWIDE INC                              | Euronet Worldwide Inc                                         | CUSIP: 298736AM1<br>LEI: YG3575C4DSHJPA5KET68 | Long             | DBT              | CORP              | US        |  12394000 | PA      | $11836270.00  | 0.74%             | 2030-10-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC                             | Cannabist Co Holdings Inc/The                                 | CUSIP: 13766HAA7<br>LEI: 9845007B45659F4F4F75 | Long             | DBT              | CORP              | CA        |  17087000 | PA      | $9312415.00   | 0.58%             | 2028-12-31      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                           | Charles River Laboratories International Inc                  | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |   8397000 | PA      | $8216069.84   | 0.51%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                    | Fair Isaac Corp                                               | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |  11350000 | PA      | $11362235.30  | 0.71%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | 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        |    470994 | PA      | $0.00         | 0.00%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                           | Compass Group Diversified Holdings LLC                        | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |  34900250 | PA      | $32274128.34  | 2.02%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                           | Consolidated Communications Inc                               | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |  14875000 | PA      | $15116718.75  | 0.95%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DGWD Trust                                         | DGWD Trust 2025-INFL                                          | CUSIP: 23347FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8067000 | PA      | $8095656.40   | 0.51%             | 2035-08-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obliga                     | First American Treasury Obligations Fund                      | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |  81938479 | NS      | $81938479.13  | 5.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC                                          | Jabil Inc                                                     | CUSIP: 466313AL7<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |  10567000 | PA      | $10427302.25  | 0.65%             | 2026-04-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                           | Warnermedia Holdings Inc                                      | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   8026000 | PA      | $7894694.64   | 0.49%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                             | General Motors Financial Co Inc                               | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   3779000 | PA      | $3780401.44   | 0.24%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                   | Getty Images Inc                                              | CUSIP: 374276AJ2<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |  13369000 | PA      | $12700854.81  | 0.80%             | 2027-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                           | Performance Food Group Inc                                    | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |  20955000 | PA      | $20925792.92  | 1.31%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PAPA JOHN'S INTERNATIONA                           | Papa John's International Inc                                 | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |   6552000 | PA      | $6279909.85   | 0.39%             | 2029-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                              | Icahn Enterprises LP / Icahn Enterprises Finance Corp         | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  19652000 | PA      | $19319873.34  | 1.21%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAGNITE INC                                        | Magnite Inc                                                   | CUSIP: 55955DAB6<br>LEI: 54930018FR2YX1HHSB02 | Long             | DBT              | CORP              | US        |    775000 | PA      | $757407.50    | 0.05%             | 2026-03-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| RAM LLC                                            | RAM 2025-1 LLC                                                | CUSIP: 748950AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7745853 | PA      | $7788815.18   | 0.49%             | 2040-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                 | Sonoco Products Co                                            | CUSIP: 835495AQ5<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |   6466000 | PA      | $6477357.66   | 0.41%             | 2026-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES                     | New York State Dormitory Authority                            | CUSIP: 649907JJ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2005000.00   | 0.13%             | 2035-05-01      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                   | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  13049000 | PA      | $12899458.46  | 0.81%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING                      | Pennsylvania Economic Development Financing Authority         | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500722.00   | 0.16%             | 2041-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                           | Prime Security Services Borrower LLC / Prime Finance Inc      | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4502000 | PA      | $4526535.90   | 0.28%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                           | Stanley Black & Decker Inc                                    | CUSIP: 854502AK7<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |  11287000 | PA      | $11243366.04  | 0.70%             | 2026-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5260000 | PA      | $5259414.46   | 0.33%             | 2025-10-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                         | VMware LLC                                                    | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   4061000 | PA      | $3972437.55   | 0.25%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| BOOSTER PRECISION COMPON                           | Booster Precision Components GmbH                             | CUSIP: ZN5041423<br>LEI: 213800B5BEW3DGUVHO57 | Long             | DBT              | CORP              | DE        |   1764112 | PA      | $2006287.27   | 0.13%             | 2026-11-28      | Floating      | 11.02%                | No            |                  2 | On Loan: No      |
| NOVEDO HOLDINGS AB                                 | Novedo Holding AB                                             | CUSIP: YV5581777<br>LEI: 984500F0A56FIF3C6091 | Long             | DBT              | CORP              | SE        |  56250000 | PA      | $5840454.40   | 0.37%             | 2027-09-23      | Floating      | 9.14%                 | No            |                  2 | On Loan: No      |
| TEGRA118 WEALTH SOLUTION                           | Tegra118 Wealth Solutions Inc                                 | CUSIP: 33774UAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  24035619 | PA      | $23895491.36  | 1.50%             | 2027-02-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| SOLARIS OILFIELD INFRA                             | Solaris Oilfield Infrastructure LLC                           | CUSIP: 83418UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10351000 | PA      | $10532142.50  | 0.66%             | 2029-09-11      | Floating      | 10.93%                | No            |                  2 | On Loan: No      |
| SPRINT LLC                                         | Sprint LLC                                                    | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |  25800000 | PA      | $25856702.98  | 1.62%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| IMPALA GROUP PLC                                   | Impala BondCo PLC                                             | CUSIP: BR8492349<br>LEI: 549300H2NW5AUSWVQK84 | Long             | DBT              | CORP              | GB        |  13896139 | PA      | $944672.94    | 0.06%             | 2027-10-30      | None          | 12.00%                | No            |                  2 | On Loan: No      |
| GOLAR LNG LTD                                      | Golar LNG Ltd                                                 | CUSIP: BR7245524<br>LEI: 213800C2VSFZG3EZLO34 | Long             | DBT              | CORP              | BM        |  13956806 | PA      | $13970762.81  | 0.88%             | 2025-10-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                     | TD SYNNEX Corp                                                | CUSIP: 87162WAF7<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   5186000 | PA      | $5073189.72   | 0.32%             | 2026-08-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TACORA RESOURCES INC                               | Tacora Resources Inc                                          | CUSIP: 87356LAC4<br>LEI: 549300L67A19OXSFBA84 | Long             | DBT              | CORP              | CA        |   3892693 | PA      | $0.00         | 0.00%             | 2025-12-31      | None          | 13.00%                | No            |                  3 | On Loan: No      |
| WESTERN DIGITAL CORP                               | Western Digital Corp                                          | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   5228000 | PA      | $5230984.67   | 0.33%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PLUM ACQUISITION CORP III                          | Plum Acquisition Corp III                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9341 | NS      | $2195.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MANGROVE LUXCO III                                 | Mangrove Luxco III Sarl                                       | CUSIP: YW1323297<br>LEI: 549300GLJSZN1PU7T586 | Long             | DBT              | CORP              | LU        |  20826000 | PA      | $24690338.08  | 1.55%             | 2029-07-15      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| N/A                                                | EUR/USD FWD 20251114                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-400600.75   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Columbus Acquisition Corp                          | Columbus Acquisition Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |    118214 | NS      | $1206964.94   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NMP Acquisition Corp                               | NMP Acquisition Corp                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    468500 | NS      | $4652205.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NMP Acquisition Corp                               | NMP Acquisition Corp                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    150000 | NS      | $31500.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Quartzsea Acquisition Corp                         | Quartzsea Acquisition Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    140189 | NS      | $1422918.35   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Capital Acquisition Corp                     | Range Capital Acquisition Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    285700 | NS      | $2972708.50   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Solarius Capital Acquisition C                     | Solarius Capital Acquisition Corp                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    100000 | NS      | $1054000.00   | 0.07%             |  |  |  | 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        |   2950951 | PA      | $0.00         | 0.00%             | 2026-02-09      | Floating      | 13.32%                | No            |                  3 | On Loan: No      |
| AZERION GROUP NV                                   | Azerion Group N.V.                                            | CUSIP: ZI6849254<br>LEI: 7245007RB3M5PMWY6N86 | Long             | DBT              | CORP              | NL        |  17561000 | PA      | $21048458.94  | 1.32%             | 2026-10-02      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| Spring Valley Acquisition Corp                     | Spring Valley Acquisition Corp III                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    115000 | NS      | $1196000.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TOSCA SERVICES LLC                                 | Tosca Services LLC                                            | CUSIP: 89148PAK6<br>LEI: 5493005QOAEK5WNBJW47 | Long             | LON              | CORP              | US        |   3039082 | PA      | $3096064.96   | 0.19%             | 2028-11-30      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB 0% PERP BDS SEK                  | GO NORTH GROUP AB 0% PERP BDS SEK                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    441352 | PA      | $0.00         | 0.00%             | 2028-02-02      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| GO NORTH GROUP AB 0% PERP BDS USD                  | GO NORTH GROUP AB 0% PERP BDS USD                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    221321 | PA      | $0.00         | 0.00%             | 2026-02-09      | Fixed         | 0.00%                 | No            |                  3 | 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        |  11813975 | PA      | $11164206.31  | 0.70%             | 2029-04-30      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                             | CUSIP: ZM6862225<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |  14445312 | PA      | $0.00         | 0.00%             | 2027-02-09      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| NEPTUNE BIDCO AS                                   | Neptune Bidco AS                                              | CUSIP: YX5577250<br>LEI: 894500UKQX0AV0XVNV14 | Long             | DBT              | CORP              | NO        |  55000000 | PA      | $4822361.73   | 0.30%             | 2028-06-28      | Floating      | 10.89%                | No            |                  2 | On Loan: No      |
| HAWK INFINITY SOFTWARE                             | Hawk Infinity Software AS                                     | CUSIP: YU0717220<br>LEI: 549300B1TJBVGILMBQ39 | Long             | DBT              | CORP              | NO        |  71900000 | PA      | $7408785.43   | 0.46%             | 2029-10-15      | Floating      | 10.84%                | No            |                  2 | On Loan: No      |
| EURO ENTMT INTRESSENTER                            | European Entertainment Intressenter BidCo AB/Sweden           | CUSIP: YK1433498<br>LEI: 549300A3OF2TBEL6BF72 | Long             | DBT              | CORP              | SE        |  17700000 | PA      | $20352142.65  | 1.27%             | 2030-09-29      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| CABONLINE GROUP HOLD                               | Cabonline Group Holding AB                                    | CUSIP: ZH5209213<br>LEI: 549300PB67LZ38PTO750 | Long             | DBT              | CORP              | SE        |  77770274 | PA      | $7981977.32   | 0.50%             | 2028-03-19      | None          | 12.00%                | No            |                  2 | On Loan: No      |
| FORMYCON AG                                        | Formycon AG                                                   | CUSIP: YN7703302<br>LEI: 39120005TZ76GQOY8Z19 | Long             | DBT              | CORP              | DE        |  12188000 | PA      | $13987402.41  | 0.88%             | 2029-07-09      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| OREXO AB                                           | Orexo AB                                                      | CUSIP: ZD5840446<br>LEI: 549300LJ5CCWDPTK9Z08 | Long             | DBT              | CORP              | SE        |  47500000 | PA      | $4803296.73   | 0.30%             | 2028-03-28      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| NEO BIDCO AB                                       | Goldcup 100865 AB                                             | CUSIP: YX9531501<br>LEI: 6367006K4VQQGJD8Q028 | Long             | DBT              | CORP              | SE        |   6250000 | PA      | $680473.53    | 0.04%             | 2028-07-11      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| VERVE GROUP SE                                     | Verve Group SE                                                | CUSIP: YR9250543<br>LEI: 391200UIIWMXRLGARB95 | Long             | DBT              | CORP              | SE        |  11312000 | PA      | $13215847.78  | 0.83%             | 2029-04-01      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| QFLOW GROUP AB                                     | Qflow Group AB                                                | CUSIP: YV5350181<br>LEI: 6367009B048PH0858627 | Long             | DBT              | CORP              | SE        |  27500000 | PA      | $2960067.82   | 0.19%             | 2028-09-25      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                | SEK/USD FWD 20251114                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $455749.88    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                    | CUSIP: 00287YBV0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   8400000 | PA      | $8307400.25   | 0.52%             | 2026-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2021-VOLT                        | CUSIP: 05609VAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5435126 | PA      | $5420008.52   | 0.34%             | 2036-09-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2024-KING                        | CUSIP: 05612RAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12296124 | PA      | $12315476.73  | 0.77%             | 2034-05-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS                           | Braemar Hotels & Resorts Inc                                  | CUSIP: 10482BAB7<br>LEI: 549300JDUUEBN868C776 | Long             | DBT              | CORP              | US        |   5034000 | PA      | $4908150.00   | 0.31%             | 2026-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                        | Chemours Co/The                                               | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1808664.50   | 0.11%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                  | Crown Castle Inc                                              | CUSIP: 22823PX73<br>LEI: 54930012H97VSM0I2R19 | Long             | STIV             | CORP              | US        |  31885000 | PA      | $31856418.29  | 2.00%             | 2025-10-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DANA INC                                           | Dana Inc                                                      | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   3867000 | PA      | $3863969.05   | 0.24%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CONTAINER STORE                                    | Container Store Inc/The                                       | CUSIP: 21075BAQ4<br>LEI: RU4H3CU9QRX4TIC35822 | Long             | LON              | CORP              | US        |    536348 | PA      | $268173.80    | 0.02%             | 2029-07-30      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| TWMA FINANCE AS                                    | Twma Finance AS                                               | CUSIP: ZF3988861<br>LEI: 894500BICEAQTNG2A469 | Long             | DBT              | CORP              | NO        |   3369000 | PA      | $3507828.07   | 0.22%             | 2027-02-08      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| VIEW LEDGER AS                                     | View Ledger AS                                                | CUSIP: YS5972734<br>LEI: 9845001DABA64B69D332 | Long             | DBT              | CORP              | NO        |   9500000 | PA      | $975633.07    | 0.06%             | 2029-01-31      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| TRUSTLY AB                                         | Trustly AB                                                    | CUSIP: YK1879799<br>LEI: 549300MVSSPGPLS7JG31 | Long             | DBT              | CORP              | SE        |  23600000 | PA      | $27569122.40  | 1.73%             | 2030-10-08      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| CABONLINE GROUP HOLD                               | Cabonline Group Holding AB                                    | CUSIP: ZH5206474<br>LEI: 549300PB67LZ38PTO750 | Long             | DBT              | CORP              | SE        |  21879529 | PA      | $2278300.31   | 0.14%             | 2028-03-19      | None          | 10.00%                | No            |                  2 | On Loan: No      |
| GCI LLC                                            | GCI LLC                                                       | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |  20442000 | PA      | $19882371.63  | 1.25%             | 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        |  17644000 | PA      | $17633470.06  | 1.10%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                    | Gen Digital Inc                                               | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |  11720000 | PA      | $11908047.40  | 0.75%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENTOO MEDIA PLC                                   | Gentoo Media PLC                                              | CUSIP: ZG5462731<br>LEI: 213800UCC6GA967UCS06 | Long             | DBT              | CORP              | MT        |  28175000 | PA      | $3073186.09   | 0.19%             | 2026-12-18      | Floating      | 9.37%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB                                  | Go North Group AB                                             | CUSIP: YX9284390<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |  39553628 | PA      | $0.00         | 0.00%             | 2050-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| ALASKA AIRLINES 2020 TR                            | Alaska Airlines 2020-1 Class A Pass Through Trust             | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1120652 | PA      | $1123437.16   | 0.07%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2021-SOAR                        | CUSIP: 05608WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1884986 | PA      | $1884100.35   | 0.12%             | 2038-06-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2021-VOLT                        | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12594766 | PA      | $12558951.15  | 0.79%             | 2036-09-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                      | BGC Group Inc                                                 | CUSIP: 088929AB0<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |  22100000 | PA      | $22073544.31  | 1.38%             | 2025-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Coinstar Funding, LLC                              | Coinstar Funding LLC Series 2017-1                            | CUSIP: 19260MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21066718 | PA      | $19644541.32  | 1.23%             | 2047-04-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Container Store Rolled Up First Out Loan           | Container Store Rolled Up First Out Loan                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4485632 | PA      | $3947356.14   | 0.25%             | 2029-04-30      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                       | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   4933000 | PA      | $4943163.46   | 0.31%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK Inc                                                     | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |  13261000 | PA      | $13283268.80  | 0.83%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RAM LLC                                            | RAM 2024-1 LLC                                                | CUSIP: 751313AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1954528 | PA      | $1961035.16   | 0.12%             | 2039-02-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                              | Williams Scotsman Inc                                         | CUSIP: 96950GAE2<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |  12934000 | PA      | $12727754.44  | 0.80%             | 2028-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Kochav Defense Acquisition Cor                     | Kochav Defense Acquisition Corp                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    275000 | NS      | $2758250.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OTG Acquisition Corp I                             | OTG Acquisition Corp I                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    125000 | NS      | $1258750.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vendome Acquisition Corp I                         | Vendome Acquisition Corp I                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    300000 | NS      | $2982000.00   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Charlton Aria Acquisition Corp                     | Charlton Aria Acquisition Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    115000 | NS      | $1193700.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Go North Group AB                                  | Go North Group AB                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | SE        |    197442 | PA      | $0.00         | 0.00%             | 2026-02-09      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                | NOK/USD FWD 20251114                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $97857.07     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosomnus Equity                                   | Prosomnus Equity                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    996799 | NS      | $996799.00    | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| MAGLE CHEMOSWED HOLD                               | Magle Chemoswed Holding AB                                    | CUSIP: YN4178466<br>LEI: 549300FNJZS6NGFB6M31 | Long             | DBT              | CORP              | SE        | 117500000 | PA      | $12137656.14  | 0.76%             | 2028-07-04      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2021-SOAR                        | CUSIP: 05608WAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6080177 | PA      | $6077500.82   | 0.38%             | 2038-06-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| BALLY'S CORP                                       | Bally's Corp                                                  | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |  32546434 | PA      | $31692090.13  | 1.99%             | 2028-10-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| AIDER KONSERN AS                                   | Aider Konsern AS                                              | CUSIP: YV2565815<br>LEI: 636700LSENLHRA6AJM05 | Long             | DBT              | CORP              | NO        |  26550000 | PA      | $2741267.98   | 0.17%             | 2028-09-05      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| LEAFLY HOLDINGS INC                                | Leafly Holdings Inc                                           | CUSIP: 52178J113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     36943 | NS      | $249.37       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SWK HOLDINGS CORP                                  | SWK Holdings Corp                                             | CUSIP: 78501P302<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    152467 | NS      | $3868087.79   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SECOP GROUP HLDG GMBH                              | Secop Group Holding GmbH                                      | CUSIP: ZK8432245<br>LEI: 3912009IWWPURB35WO49 | Long             | DBT              | CORP              | DE        |   2561000 | PA      | $3063122.42   | 0.19%             | 2026-12-29      | Floating      | 10.38%                | No            |                  2 | On Loan: No      |
| Prosomnus Sleep Technologies Inc.                  | Prosomnus Sleep Technologies Inc.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   7253808 | PA      | $6368843.34   | 0.40%             | 2026-12-31      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-20

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

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer