# EDGAR Filing Document

**Accession Number:** 0001618627
**File Stem:** 0000894189-25-012521
**Filing Date:** 2025-10
**Character Count:** 23003
**Document Hash:** d27f22ea5568206a95df6b72b5a0dcef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-012521.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000894189-25-012521

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB Fund Trust
- **CENTRAL INDEX KEY:** 0001618627

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23011
- **FILM NUMBER:** 251428828

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 609-731-6256

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PENN Capital Funds Trust
- **DATE OF NAME CHANGE:** 20140904

## Series and Classes Contracts Data

### Advent Convertible Bond ETF (Series ID: S000091735)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000259469 | Advent Convertible Bond ETF | ACVT            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBB Fund Trust

- **b. Investment Company Act file number:** 811-23011

- **c. CIK number of Registrant:** 0001618627

- **d. LEI of Registrant:** 549300LEC95RYURPL757

- **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:** 262-378-6278

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

- **a. Name of Series:** Advent Convertible Bond ETF

- **b. EDGAR series identifier (if any):** S000091735

- **c. LEI of Series:** 5299000BV8UTUPHUUZ42

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $29348528.01

**Total Liabilities:** $1885591.60

**Net Assets:** $27462936.41

**Cash Not Reported:** $223928.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 13.891475000000 | **1-Year:** 177.299801000000 | **5-Year:** 322.990804000000 | **10-Year:** 20.149328000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 84.921078000000 | **1-Year:** 1548.501547000000 | **5-Year:** 1958.254907000000 | **10-Year:** 5.621367000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259469 | 2.44%                | 0.99%                | 1.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $69923.25                | $535949.49                                 |
| Month 2  | $253141.67               | $-25842.96                                 |
| Month 3  | $233199.23               | $151478.16                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TRAVERE THERAPEUTICS INC | Travere Therapeutics Inc          | CUSIP: 89422GAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $333186.34    | 1.21%             | 2029-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC      | Coinbase Global Inc               | CUSIP: 19260QAB3<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    429000 | PA      | $461138.29    | 1.68%             | 2026-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CONFLUENT INC            | Confluent Inc                     | CUSIP: 20717MAB9<br>LEI: 254900MRZ83YWUV7SN74 | Long             | DBT              | CORP              | US        |    457000 | PA      | $428028.52    | 1.56%             | 2027-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD      | NCL Corp Ltd                      | CUSIP: 62886HBD2<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    883000 | PA      | $918340.64    | 3.34%             | 2027-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| RAPID7 INC               | Rapid7 Inc                        | CUSIP: 753422AH7<br>LEI: 549300GNVG5D60KEYN14 | Long             | DBT              | CORP              | US        |    326000 | PA      | $290968.87    | 1.06%             | 2029-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC  | Akamai Technologies Inc           | CUSIP: 00971TAN1<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |    510000 | PA      | $486030.00    | 1.77%             | 2029-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| AMPHASTAR PHARMACEUTICAL | Amphastar Pharmaceuticals Inc     | CUSIP: 03209RAB9<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | DBT              | CORP              | US        |    347000 | PA      | $322154.37    | 1.17%             | 2029-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP     | Bank of America Corp              | CUSIP: 060505682<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      1007 | NS      | $1255779.35   | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEESECAKE FACTORY (THE) | Cheesecake Factory Inc/The        | CUSIP: 163072AA9<br>LEI: 529900872XMLK10SY247 | Long             | DBT              | CORP              | US        |    600000 | PA      | $613616.45    | 2.23%             | 2026-06-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| ETSY INC                 | Etsy Inc                          | CUSIP: 29786AAL0<br>LEI: 54930089Q7XT501AEA40 | Long             | DBT              | CORP              | US        |    323000 | PA      | $294592.15    | 1.07%             | 2027-09-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC        | Expedia Group Inc                 | CUSIP: 30212PBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $277058.59    | 1.01%             | 2026-02-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Q2 HOLDINGS INC          | Q2 Holdings Inc                   | CUSIP: 74736LAD1<br>LEI: 549300M9RKR9DZXWS696 | Long             | DBT              | CORP              | US        |    409000 | PA      | $439619.05    | 1.60%             | 2026-06-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                | Block Inc                         | CUSIP: 852234AK9<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    510000 | PA      | $461962.31    | 1.68%             | 2027-11-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC    | Uber Technologies Inc             | CUSIP: 90353TAJ9<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    294000 | PA      | $346479.00    | 1.26%             | 2025-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VERTEX INC               | Vertex Inc                        | CUSIP: 92538JAB2<br>LEI: 549300QMYW171MP1PL50 | Long             | DBT              | CORP              | US        |    405000 | PA      | $416322.97    | 1.52%             | 2029-05-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO INDUSTRIES     | Winnebago Industries Inc          | CUSIP: 974637AF7<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |    518000 | PA      | $464646.00    | 1.69%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMG CAPITAL TRUST II     | AMG Capital Trust II              | CUSIP: 00170F209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5377 | NS      | $311527.25    | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIDGEBIO PHARMA INC     | Bridgebio Pharma Inc              | CUSIP: 10806XAD4<br>LEI: 54930028YG89VTY2J114 | Long             | DBT              | CORP              | US        |    228000 | PA      | $224494.29    | 0.82%             | 2029-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FIVE9 INC                | Five9 Inc                         | CUSIP: 338307AF8<br>LEI: 254900MXP6EWY0SFFR59 | Long             | DBT              | CORP              | US        |    671000 | PA      | $598136.64    | 2.18%             | 2029-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| IONIS PHARMACEUTICALS IN | Ionis Pharmaceuticals Inc         | CUSIP: 462222AF7<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |    572000 | PA      | $627986.29    | 2.29%             | 2028-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| MARRIOTT VACATION WORLDW | Marriott Vacations Worldwide Corp | CUSIP: 57164YAF4<br>LEI: 549300WA6BT5H4F7IO94 | Long             | DBT              | CORP              | US        |    774000 | PA      | $739957.83    | 2.69%             | 2027-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC   | Northern Oil & Gas Inc            | CUSIP: 665531AJ8<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    307000 | PA      | $309839.75    | 1.13%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS INC      | Shift4 Payments Inc               | CUSIP: 82452JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    435000 | PA      | $499597.50    | 1.82%             | 2025-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC            | Cable One Inc                     | CUSIP: 12685JAE5<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |    299000 | PA      | $289282.50    | 1.05%             | 2026-03-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EVOLENT HEALTH INC       | Evolent Health Inc                | CUSIP: 30050BAH4<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | DBT              | CORP              | US        |    347000 | PA      | $287663.00    | 1.05%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP         | FirstEnergy Corp                  | CUSIP: 337932AR8<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    347000 | PA      | $355588.25    | 1.29%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MKS INC                  | MKS Inc                           | CUSIP: 55306NAB0<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |    440000 | PA      | $443080.00    | 1.61%             | 2030-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NEOGENOMICS INC          | NeoGenomics Inc                   | CUSIP: 64049MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $291928.45    | 1.06%             | 2028-01-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| PENNYMAC CORP            | PennyMac Corp                     | CUSIP: 70932AAF0<br>LEI: EWN0I878407TKQNXZ933 | Long             | DBT              | CORP              | US        |    301000 | PA      | $300249.31    | 1.09%             | 2026-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROGRESS SOFTWARE CORP   | Progress Software Corp            | CUSIP: 743312AD2<br>LEI: 549300R65B3JG6972S24 | Long             | DBT              | CORP              | US        |    806000 | PA      | $827359.00    | 3.01%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHAKE SHACK INC          | Shake Shack Inc                   | CUSIP: 819047AB7<br>LEI: 529900J74GJAHYP80N79 | Long             | DBT              | CORP              | US        |    625000 | PA      | $607615.19    | 2.21%             | 2028-03-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS INC      | Shift4 Payments Inc               | CUSIP: 82452JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $484805.00    | 1.77%             | 2027-08-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| UPWORK INC               | Upwork Inc                        | CUSIP: 91688FAB0<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | DBT              | CORP              | US        |    750000 | PA      | $712500.00    | 2.59%             | 2026-08-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| WORKIVA INC              | Workiva Inc                       | CUSIP: 98139AAB1<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | DBT              | CORP              | US        |    621000 | PA      | $717006.60    | 2.61%             | 2026-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| WORKIVA INC              | Workiva Inc                       | CUSIP: 98139AAD7<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | DBT              | CORP              | US        |    285000 | PA      | $276948.75    | 1.01%             | 2028-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| AIRBNB INC               | Airbnb Inc                        | CUSIP: 009066AB7<br>LEI: 549300HMUDNO0RY56D37 | Long             | DBT              | CORP              | US        |    382000 | PA      | $372832.00    | 1.36%             | 2026-03-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DEXCOM INC               | Dexcom Inc                        | CUSIP: 252131AM9<br>LEI: 549300YSK3QDSFR5EU59 | Long             | DBT              | CORP              | US        |    261000 | PA      | $241686.00    | 0.88%             | 2028-05-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC      | Global Payments Inc               | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    583000 | PA      | $544813.50    | 1.98%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| LANTHEUS HOLDINGS INC    | Lantheus Holdings Inc             | CUSIP: 516544AB9<br>LEI: 5299005HUB5IOJGO7S39 | Long             | DBT              | CORP              | US        |    426000 | PA      | $454187.18    | 1.65%             | 2027-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC   | Penn Entertainment Inc            | CUSIP: 707569AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    853000 | PA      | $919600.80    | 3.35%             | 2026-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ITRON INC                | Itron Inc                         | CUSIP: 465741AN6<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | DBT              | CORP              | US        |    266000 | PA      | $283090.50    | 1.03%             | 2026-03-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PAGERDUTY INC.           | PagerDuty Inc                     | CUSIP: 69553PAD2<br>LEI: 549300U1SB749EDAGH21 | Long             | DBT              | CORP              | US        |    453000 | PA      | $444644.31    | 1.62%             | 2028-10-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| DRAFTKINGS HOLDINGS INC  | DraftKings Holdings Inc           | CUSIP: 26142RAB0<br>LEI: 5493008P45UYYL683Z97 | Long             | DBT              | CORP              | US        |    965000 | PA      | $890567.69    | 3.24%             | 2028-03-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST  | Pebblebrook Hotel Trust           | CUSIP: 70509VAA8<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | DBT              | CORP              | US        |    707000 | PA      | $678006.83    | 2.47%             | 2026-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| RIVIAN AUTO INC          | Rivian Automotive Inc             | CUSIP: 76954AAD5<br>LEI: 25490004LNKJ84MFYY24 | Long             | DBT              | CORP              | US        |    967000 | PA      | $853513.68    | 3.11%             | 2030-10-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY    | Wells Fargo & Co                  | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      1040 | NS      | $1263600.00   | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| HAEMONETICS CORP         | Haemonetics Corp                  | CUSIP: 405024AD2<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | DBT              | CORP              | US        |    500000 | PA      | $469650.00    | 1.71%             | 2029-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LYFT INC                 | Lyft Inc                          | CUSIP: 55087PAD6<br>LEI: 549300H7I5VN334XVZ52 | Long             | DBT              | CORP              | US        |    275000 | PA      | $301026.81    | 1.10%             | 2029-03-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP      | Meritage Homes Corp               | CUSIP: 59001ABF8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    448000 | PA      | $468638.32    | 1.71%             | 2028-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TELADOC HEALTH INC       | Teladoc Health Inc                | CUSIP: 87918AAF2<br>LEI: 549300I2PVFBC9MFAC61 | Long             | DBT              | CORP              | US        |    474000 | PA      | $440772.60    | 1.60%             | 2027-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP    | ON Semiconductor Corp             | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    788000 | PA      | $729885.00    | 2.66%             | 2029-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| SUPER MICRO COMPUTER INC | Super Micro Computer Inc          | CUSIP: 86800UAB0<br>LEI: 54930022CZO1N2UGVW07 | Long             | DBT              | CORP              | US        |    422000 | PA      | $417601.93    | 1.52%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VISHAY INTERTECHNOLOGY   | Vishay Intertechnology Inc        | CUSIP: 928298AR9<br>LEI: 5493009O8F3QQJTCQR75 | Long             | DBT              | CORP              | US        |    696000 | PA      | $630132.31    | 2.29%             | 2030-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-21

**Name of Applicant:** RBB Fund Trust

**Signature:** /s/ James G. Shaw

**Name of Signer:** RBB Fund Trust

**Title:** CFO COO Secretary