# EDGAR Filing Document

**Accession Number:** 0001322252
**File Stem:** 0000910472-25-006109
**Filing Date:** 2025-12
**Character Count:** 19268
**Document Hash:** 56d8a6aea1da74cab0d762d6412243a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006109.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006109

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CRM Mutual Fund Trust
- **CENTRAL INDEX KEY:** 0001322252

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21749
- **FILM NUMBER:** 251605205

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CRAMER ROSENTHAL MCGLYNN, LLC
- **STREET 2:** 28 HAVEMEYER PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 212.326.5334

**MAIL ADDRESS:**
- **STREET 1:** C/O CRAMER ROSENTHAL MCGLYNN, LLC
- **STREET 2:** 28 HAVEMEYER PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Series and Classes Contracts Data

### CRM SMALL/MID CAP VALUE FUND (Series ID: S000001325)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003543 | INSTITUTIONAL | CRIAX           |
| C000003544 | INVESTOR      | CRMAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** CRM Mutual Fund Trust

- **b. Investment Company Act file number:** 811-21749

- **c. CIK number of Registrant:** 0001322252

- **d. LEI of Registrant:** 549300RX3217CTPTEU48

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

  - **Street Address 1:** 300 First Stamford Pl

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 6902

  - **Telephone number:** 212-326-5300

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

- **a. Name of Series:** CRM SMALL/MID CAP VALUE FUND

- **b. EDGAR series identifier (if any):** S000001325

- **c. LEI of Series:** 549300BJCER9KBZHER71

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $131480463.77

**Total Liabilities:** $682765.40

**Net Assets:** $130797698.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003543 | 4.80%                | -1.59%               | 1.07%                |
| Class ID C000003544 | 4.87%                | -1.67%               | 1.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1903914.95              | $4406417.19                                |
| Month 2  | $2879503.08              | $-5255653.42                               |
| Month 3  | $1601119.86              | $-125533.38                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MKS Inc.                                  | MKS Instruments, Inc.                                 | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     13122 | NS      | $1885762.62   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc                      | Hayward Holdings, Inc.                                | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    266826 | NS      | $4528037.22   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| STIT GOVT AND AGENCY INST                 | INVESCO STIT GOVT & AGENCY-INST (                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    911812 | PA      | $911811.89    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergy Inc                                | Evergy, Inc.                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     52164 | NS      | $4006716.84   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust            | Federated Hermes Treasury Oligations Fund             | CUSIP: 60934N500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   1348452 | PA      | $1348452.06   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts, Inc.                        | Vail Resorts, Inc.                                    | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     23710 | NS      | $3516904.30   | 2.69%             |  |  |  | No            |                  1 | On Loan: —       |
| First Interstate Bancsystem Inc.          | FIRST INTERSTATE BANCSYSTEM, INC.                     | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |    136114 | NS      | $4253562.50   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                 | Regal Rexnord Corp.                                   | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     27476 | NS      | $3871093.64   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ncino Inc.                                | nCino, Inc.                                           | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     78403 | NS      | $2091792.04   | 1.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Bio-Techne Corp                           | Bio-Techne Corp.                                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     59455 | NS      | $3720099.35   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Lending Club Corporation                  | LendingClub Corp.                                     | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |    247832 | NS      | $4309798.48   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co.                              | Moelis & Co.                                          | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     26506 | NS      | $1678624.98   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp.                     | Range Resources Corp.                                 | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     81936 | NS      | $2912824.80   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc              | Advanced Drainage Systems, Inc.                       | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     25517 | NS      | $3573655.85   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corporation             | WillScot Mobile Mini Holdings Corp.                   | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    142700 | NS      | $3103725.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corporation                       | Vontier Corp.                                         | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     67034 | NS      | $2580809.00   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron, Inc.                               | Itron, Inc.                                           | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     12059 | NS      | $1209879.47   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB Group Inc                             | Hub Group, Inc.                                       | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98078 | NS      | $3612212.74   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp.                        | Atmos Energy Corp.                                    | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      8050 | NS      | $1382346.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| H B Fuller Company                        | HB Fuller Co.                                         | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     66430 | NS      | $3811089.10   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                | Sensient Technologies Corp.                           | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     18330 | NS      | $1728335.70   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                 | Teledyne Technologies, Inc.                           | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      4103 | NS      | $2161542.46   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                    | Burlington Stores, Inc.                               | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      8694 | NS      | $2378591.46   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Victorias Secret and Co                   | Victoria's Secret & Co.                               | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    179313 | NS      | $6320783.25   | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab Inc                                | Gitlab Inc                                            | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |     49840 | NS      | $2429700.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Marzetti Co.                              | Marzetti Company/The                                  | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      7002 | NS      | $1097843.58   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                 | Blackrock Liquidity Funds T-Fund Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   1348452 | PA      | $1348452.09   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                        | Steven Madden Ltd.                                    | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     65408 | NS      | $2217985.28   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corporation                       | Knowles Corp.                                         | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    166018 | NS      | $3919684.98   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoominfo Technologies Inc                 | ZoomInfo, Technologies, Inc.                          | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    301833 | NS      | $3386566.26   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corporation                | Terreno Realty Corp.                                  | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60177 | NS      | $3437912.01   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| TFS Financial Corp                        | TFS Financial Corp.                                   | CUSIP: 87240R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    272888 | NS      | $3629410.40   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent Inc       | Concentra Group Holdings Parent, Inc.                 | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    177103 | NS      | $3527891.76   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                         | Ciena Corp.                                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     13561 | NS      | $2575505.12   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corporation      | First American Financial Corp.                        | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     74398 | NS      | $4650618.98   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                     | Sun Communities, Inc.                                 | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     31578 | NS      | $3997774.80   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc.                           | BankUnited, Inc.                                      | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    147431 | NS      | $5909034.48   | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Limited               | Tower Semiconductor Ltd.                              | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |     49983 | NS      | $4257052.11   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc.                       | Skyline Champion Corp.                                | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71944 | NS      | $4908739.12   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                              | Evercore Partners, Inc.                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      7074 | NS      | $2083717.44   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                       | Clean Harbors, Inc.                                   | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      9397 | NS      | $1978162.47   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Software Inc                        | Unity Software, Inc.                                  | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |     36510 | NS      | $1383729.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                  | Devon Energy Corp.                                    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     40979 | NS      | $1331407.71   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services Incorporated | West Pharmaceutical Services, Inc.                    | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      5187 | NS      | $1463097.09   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corporation                        | Masimo Corp.                                          | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     13002 | NS      | $1828731.30   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** CRM Mutual Fund Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer