# EDGAR Filing Document

**Accession Number:** 0001606378
**File Stem:** 0000910472-26-004964
**Filing Date:** 2026-3
**Character Count:** 17443
**Document Hash:** 1c9ff107063bf36cf69ad5e6497bd5df
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-004964.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0000910472-26-004964

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eubel Brady & Suttman Mutual Fund Trust
- **CENTRAL INDEX KEY:** 0001606378

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22960
- **FILM NUMBER:** 26818062

**BUSINESS ADDRESS:**
- **STREET 1:** 10100 INNOVATION DRIVE
- **STREET 2:** SUITE 410
- **CITY:** DAYTON
- **STATE:** OH
- **ZIP:** 45342
- **BUSINESS PHONE:** 937-291-1223

**MAIL ADDRESS:**
- **STREET 1:** 10100 INNOVATION DRIVE
- **STREET 2:** SUITE 410
- **CITY:** DAYTON
- **STATE:** OH
- **ZIP:** 45342

## Series and Classes Contracts Data

### Eubel Brady & Suttman Income and Appreciation Fund (Series ID: S000045948)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000143294 | Eubel Brady & Suttman Income and Appreciation Fund | EBSZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Eubel Brady & Suttman Mutual Fund Trust

- **b. Investment Company Act file number:** 811-22960

- **c. CIK number of Registrant:** 0001606378

- **d. LEI of Registrant:** 549300DOIRLUVPKFB434

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

  - **Street Address 1:** 10100 Innovation Drive

  - **City:** Dayton

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45342

  - **Telephone number:** 937-291-1223

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

- **a. Name of Series:** EUBEL BRADY & SUTTMAN INCOME AND APPRECIATION FUND

- **b. EDGAR series identifier (if any):** S000045948

- **c. LEI of Series:** 5493007LJH1EW6ZTTY10

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $153772903.99

**Total Liabilities:** $272375.82

**Net Assets:** $153500528.17

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 893.60860524 | **1-Year:** 680.28138345 | **5-Year:** 3254.56518606 | **10-Year:** 34.32019833 | **30-Year:** 0.00000000

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

- **3-Month:** 34.65115754 | **1-Year:** 1088.61423820 | **5-Year:** 732.45500018 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000143294 | 0.55%                | 0.58%                | 1.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $243320.70                                 |
| Month 2  | $197711.61               | $79997.91                                  |
| Month 3  | $0.00                    | $2119102.83                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Airbnb Inc                                           | Airbnb, Inc. 0%, Due 3/15/2026                          | CUSIP: 009066AB7<br>LEI: 549300HMUDNO0RY56D37 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5960999.88   | 3.88%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Avnet, Inc.                                          | Avnet, Inc. 1.75%, Due 09/01/2030                       | CUSIP: 053807AY9<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5417500.00   | 3.53%             | 2030-09-01      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Bank OZK                                             | Bank of the Ozarks 2.75 % Due 10/1/31                   | CUSIP: 06417NA94<br>LEI: 549300VYK2WBD7SST478 | Long             | DBT              | CORP              | US        |   4130000 | PA      | $3933618.50   | 2.56%             | 2031-10-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Bentley Systems Incorporated                         | Bentley Systems 0.375%, Due 07/01/2027                  | CUSIP: 08265TAD1<br>LEI: 549300WVEHPGE0Z56F71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $954500.00    | 0.62%             | 2027-07-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CNG Holdings, Inc.                                   | CNG Holdings, Inc. 16.50%, Due 06/30/2031               | CUSIP: 12612DAP1<br>LEI: 5493007UWN8DW8ZWF476 | Long             | DBT              | CORP              | US        |   2602046 | PA      | $2352301.62   | 1.53%             | 2031-06-30      | Fixed         | 16.50%                | Yes           |                  2 | On Loan: No      |
| CNX Resources Corporation                            | CNX Resources Corporation 6.0%, Due 01/15/2029          | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5028730.00   | 3.28%             | 2029-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Cheesecake Factory Inc                               | Cheesecake Factory Inc/The 2.0% Due 03/15/2030          | CUSIP: 163072AB7<br>LEI: 529900872XMLK10SY247 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5265000.00   | 3.43%             | 2030-03-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Churchill LBC LLC                                    | Churchill LBC LLC 9.25%, Due 01/01/2031                 | CUSIP: 171495AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014600.00   | 0.66%             | 2031-01-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Etsy Inc                                             | Etsy, Inc. 0.125%, Due 9/1/2027                         | CUSIP: 29786AAL0<br>LEI: 54930089Q7XT501AEA40 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2790000.00   | 1.82%             | 2027-09-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Etsy Inc                                             | Etsy, Inc. 0.250%, Due 06/15/2028                       | CUSIP: 29786AAN6<br>LEI: 54930089Q7XT501AEA40 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3579200.00   | 2.33%             | 2028-06-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| First Maryland Capital I                             | First Maryland Capital I FRN, Due 01/15/2027            | CUSIP: 320808AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1980650.70   | 1.29%             | 2027-01-15      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| First National Bank of Nebraska Inc.                 | First National of Nebraska 7.25%, Due 06/15/2035        | CUSIP: 32119CAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2089753.66   | 1.36%             | 2035-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Company                                   | Ford Motor Company Zero Coupon, Due 03/15/2026          | CUSIP: 345370CZ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5290000.00   | 3.45%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Garrett Motion Holdings Inc. / Garrett LX I S.a.r.l. | Garrett Motion Holdings 7.75%, Due 05/31/2032           | CUSIP: 366504AA6<br>LEI: 5493001N1N6Z0SR83G07 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5293485.00   | 3.45%             | 2032-05-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Gitsit Solutions LLC                                 | GITSIT Solutions 8.0%, Due 11/15/2029                   | CUSIP: 37637LAA4<br>LEI: 549300MKO5TYUH4YQ218 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3577297.50   | 2.33%             | 2029-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Global Payments Inc                                  | Global Payments Inc 1.5% Due 3/1/2031                   | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5307000.00   | 3.46%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Guess Inc                                            | Guess Incorporated 3.75%, Due 04/15/2028                | CUSIP: 401617AF2<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4997500.00   | 3.26%             | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Haemonetics Corp                                     | Haemonetics Corporation 2.50%, Due 06/01/2029           | CUSIP: 405024AD2<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4927500.00   | 3.21%             | 2029-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp.                               | Lincoln National Corporation                            | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     15673 | NS      | $652153.53    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                                             | Lyft, Inc. 0.625%, Due 03/01/29                         | CUSIP: 55087PAD6<br>LEI: 549300H7I5VN334XVZ52 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6758400.00   | 4.40%             | 2029-03-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                         | Marriott International 4.90, Due 4/15/2029              | CUSIP: 571903BL6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3067074.03   | 2.00%             | 2029-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Natural Resource Partners L.P.                       | NATURAL RESOURCE PARTNERS, L.P.                         | CUSIP: 63900P608<br>LEI: 529900EECJ7CSX1S1S58 | Long             | EC               | CORP              | US        |     48000 | NS      | $5448000.00   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc.                              | Patrick Industries, Inc. 1.75%, Due 12/1/2028           | CUSIP: 703343AG8<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $7758000.00   | 5.05%             | 2028-12-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Ponder Farms LBC LLC                                 | Ponder Farms LBC, LLC 8.50%, Due 01/01/2029             | CUSIP: 732377AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1755608 | PA      | $1774749.76   | 1.16%             | 2029-01-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Reese Farms Development LLC                          | Reese Farms Development 8.50%, Due 07/15/2029           | CUSIP: 75846GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1990000 | PA      | $2013310.86   | 1.31%             | 2029-07-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Short-Term Invts T                                   | Invesco Treasury Portfolio Institutional Class          | CUSIP: 825252406<br>LEI: 549300UJV6OHYATSFU27 | Long             | STIV             | RF                | US        |  30693620 | NS      | $30693620.06  | 20.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Sthn Bancshares Nc                                   | Southern Bancshares 3.125%, Due 06/30/2031              | CUSIP: 842243AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2039850.98   | 1.33%             | 2031-06-30      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| Spectrum Brands, Inc.                                | Spectrum Brands Incorporated 3.375%, Due 06/01/2029     | CUSIP: 84762LAZ8<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4825000.00   | 3.14%             | 2029-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                               | Truist Financial Corporation Floater, Due 05/15/2027    | CUSIP: 86787XAA3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1985002.06   | 1.29%             | 2027-05-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Tripadvisor Inc                                      | TripAdvisor, Inc. 0.25%, Due 04/01/2026                 | CUSIP: 896945AD4<br>LEI: 549300XVG45PT5BART17 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5940000.00   | 3.87%             | 2026-04-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Winnebago Industries Inc.                            | Winnebago Industries Incorporated 3.25%, Due 01/15/2030 | CUSIP: 974637AF7<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5805000.00   | 3.78%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | NCPSNIP Revolving Loan 13.50%, Due 12/31/2027           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1800000 | PA      | $1824026.40   | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                  | NCP SPV Revolving Loan Maturity 09/19/2026              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   2431156 | PA      | $2409562.65   | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Eubel Brady & Suttman Income and Appreciation Fund

**Signature:** Sarah Criger

**Name of Signer:** Sarah Criger

**Title:** VP, Fund Accounting