# EDGAR Filing Document

**Accession Number:** 0001762332
**File Stem:** 0001752724-23-073996
**Filing Date:** 2023-3
**Character Count:** 21457
**Document Hash:** f498f5f25560ec6fee7f6322c7e15a85
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-073996.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001752724-23-073996

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Frost Family of Funds
- **CENTRAL INDEX KEY:** 0001762332
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23410
- **FILM NUMBER:** 23778860

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (610) 676-1000

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### FROST MUNICIPAL BOND FUND (Series ID: S000065045)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000210583 | Investor Class Shares      | FAUMX           |
| C000210584 | Institutional Class Shares | FIMUX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Frost Family of Funds

- **b. Investment Company Act file number:** 811-23410

- **c. CIK number of Registrant:** 0001762332

- **d. LEI of Registrant:** 00000000000000000000

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

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

- **a. Name of Series:** Frost Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000065045

- **c. LEI of Series:** 5493000VZ7H4HODD0542

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $33501688.96

**Total Liabilities:** $36828.07

**Net Assets:** $33464860.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -60.36794596 | **1-Year:** -2072.32354614 | **5-Year:** -3192.25576258 | **10-Year:** -4619.04197680 | **30-Year:** -1022.60047050

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

- **3-Month:** -25.29041568 | **1-Year:** -333.93164472 | **5-Year:** -131.76269126 | **10-Year:** -193.40592303 | **30-Year:** -23.78747645

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210583 | 1.80%                | -0.13%               | 2.49%                |
| Class ID C000210584 | 1.72%                | 0.00%                | 2.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $502291.04                                 |
| Month 2  | $0.00                    | $-79629.80                                 |
| Month 3  | $0.00                    | $722826.10                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LIBERTY HILL TEX INDPT SCH DIST                    | LIBERTY HILL TX INDEP SCH DIST LIBERTY HILL INDEPENDENT SCHOOL DISTRICT           | CUSIP: 530574RF1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $566639.80    | 1.69%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA VERNIA TEX HIGHER ED FIN CORP ED REV            | LA VERNIA TX HGR EDU FIN CORP LA VERNIA HIGHER EDUCATION FINANCE CORP             | CUSIP: 505237CF2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1493696.67   | 4.46%             | 2035-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| POTTSBORO TEX INDPT SCH DIST                       | POTTSBORO TX INDEP SCH DIST POTTSBORO INDEPENDENT SCHOOL DISTRICT/TX              | CUSIP: 738255MX3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $561125.70    | 1.68%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REDEV AUTH TEX TAX INCREMENT CONTRACT REV | DOWNTOWN REDEV AUTH TX TAX INC MAIN STREET MARKET SQUARE REDEVELOPMENT AUTHORITY  | CUSIP: 26118RAE4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053773.10   | 3.15%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MT DIABLO CALIF UNI SCH DIST                       | MOUNT DIABLO CA UNIF SCH DIST MOUNT DIABLO UNIFIED SCHOOL DISTRICT/CA             | CUSIP: 621196M27<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $112671.95    | 0.34%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                | BROWN BROTHERS HARRIMAN SWEEP INTEREST                                            | CUSIP: N/A<br>LEI: N/A       | Long             | STIV             |  | US        |   5263170 | PA      | $5263170.38   | 15.73%            |  |  |  | No            |                  2 | On Loan: No      |
| TEXAS A & M UNIV PERM UNIV FD                      | TEXAS ST A & M UNIV PERM UNIV PERMANENT UNIVERSITY FUND - TEXAS A&M UNIVERSITY S  | CUSIP: 882117R97<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058562.40   | 3.16%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TEX INDPT SCH DIST               | CYPRESS-FAIRBANKS TX INDEP SCH CYPRESS-FAIRBANKS INDEPENDENT SCHOOL DISTRICT      | CUSIP: 232769FF1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1156862.50   | 3.46%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAYLOR BROWNFIELD REDEV AUTH MICH                  | TAYLOR MI BROWNFIELD REDEV AUT TAYLOR BROWNFIELD REDEVELOPMENT AUTHORITY          | CUSIP: 876849CH1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1195896.79   | 3.57%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY COLO SCH DIST NO 49 FALCON CTFS PARTN | EL PASO CNTY CO SCH DIST #49 F EL PASO COUNTY SCHOOL DISTRICT NO 49 FALCON        | CUSIP: 283484DP5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    525000 | PA      | $549233.95    | 1.64%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY TEX HOSP DIST                         | EL PASO CNTY TX HOSP DIST EL PASO COUNTY HOSPITAL DISTRICT                        | CUSIP: 283590GJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1115507.21   | 3.33%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CRANDALL TEX INDPT SCH DIST                        | CRANDALL TX INDEP SCH DIST CRANDALL INDEPENDENT SCHOOL DISTRICT                   | CUSIP: 224381UD3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $500602.90    | 1.50%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEMINOLE TEX HOSP DIST                             | SEMINOLE TX HOSP DIST SEMINOLE HOSPITAL DISTRICT                                  | CUSIP: 816825CJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    545000 | PA      | $544315.48    | 1.63%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH CHARTER SCH REV            | CALIFORNIA ST MUNI FIN AUTH CH CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048DBA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    930000 | PA      | $927965.16    | 2.77%             | 2025-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| UNIVERSITY TEX UNIV REVS                           | UNIV OF TEXAS TX UNIV REVENUES BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM | CUSIP: 91514AKJ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $795582.50    | 2.38%             | 2036-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LA VERNIA TEX HIGHER ED FIN CORP ED REV            | LA VERNIA TX HGR EDU FIN CORP LA VERNIA HIGHER EDUCATION FINANCE CORP             | CUSIP: 505237CE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    325000 | PA      | $332772.70    | 0.99%             | 2025-08-15      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| GEORGETOWN TEX INDPT SCH DIST                      | GEORGETOWN TX INDEP SCH DIST GEORGETOWN INDEPENDENT SCHOOL DISTRICT               | CUSIP: 373046YH8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $497981.15    | 1.49%             | 2041-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN NONPROFIT FACS REV            | IDAHO ST HSG & FIN ASSN NONPRO IDAHO HOUSING & FINANCE ASSOCIATION                | CUSIP: 45129GCR4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $402517.28    | 1.20%             | 2026-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NEW BRAUNFELS TEX INDPT SCH DIST                   | NEW BRAUNFELS TX INDEP SCH DIS NEW BRAUNFELS INDEPENDENT SCHOOL DISTRICT          | CUSIP: 642543G55<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $521353.90    | 1.56%             | 2040-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PLAINVIEW TEX INDPT SCH DIST                       | PLAINVIEW TX INDEP SCH DIST PLAINVIEW INDEPENDENT SCHOOL DISTRICT                 | CUSIP: 726736GW5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    525000 | PA      | $580683.39    | 1.74%             | 2046-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV              | CLIFTON TX HGR EDU FIN CORP ED CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145FZ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $502415.30    | 1.50%             | 2023-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HILTON HEAD IS S C                                 | HILTON HEAD ISLAND SC TOWN OF HILTON HEAD ISLAND SC                               | CUSIP: 432841QG2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    495000 | PA      | $471665.90    | 1.41%             | 2030-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX REV                        | LOWER COLORADO RIVER TX AUTH R LOWER COLORADO RIVER AUTHORITY                     | CUSIP: 54811GJ27<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095133.60   | 3.27%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OKLA REVS                               | UNIV OK REVENUES UNIVERSITY OF OKLAHOMA/THE                                       | CUSIP: 91476PPA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047532.50   | 3.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON HEAD IS S C                                 | HILTON HEAD ISLAND SC TOWN OF HILTON HEAD ISLAND SC                               | CUSIP: 432841QJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    520000 | PA      | $490633.42    | 1.47%             | 2032-03-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP FIN         | MINNESOTA ST HSG FIN AGY HOMEO MINNESOTA HOUSING FINANCE AGENCY                   | CUSIP: 60416QFT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    203867 | PA      | $194185.47    | 0.58%             | 2042-09-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| LIBERTY HILL TEX INDPT SCH DIST                    | LIBERTY HILL TX INDEP SCH DIST LIBERTY HILL INDEPENDENT SCHOOL DISTRICT           | CUSIP: 530574NF5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    700000 | PA      | $735032.13    | 2.20%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSN COMMN CENT TEX TPK SYS REV            | TEXAS ST TRANSPRTN COMMISSION CENTRAL TEXAS TURNPIKE SYSTEM                       | CUSIP: 88283KAZ1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015870.80   | 3.04%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE & OGLE CNTYS ILL SCH DIST NO 170 DIXON         | LEE & OGLE CNTYS IL SCH DIST # LEE & OGLE COUNTIES SCHOOL DISTRICT NO 170 DIXON   | CUSIP: 523354GN2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    760000 | PA      | $779949.24    | 2.33%             | 2025-01-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV              | CLIFTON TX HGR EDU FIN CORP ED CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145GB7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    460000 | PA      | $481622.16    | 1.44%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHL FIN AUTH EDL FACS REV              | CALIFORNIA ST SCH FIN AUTH EDU CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 130591AM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    195000 | PA      | $198862.77    | 0.59%             | 2024-08-01      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| GEARY CNTY KANS                                    | GEARY CNTY KS COUNTY OF GEARY KS                                                  | CUSIP: 368334HP6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1382928.17   | 4.13%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST GAS & FUELS TAX REV                   | LOUISIANA ST GAS & FUELS TAX R STATE OF LOUISIANA GASOLINE & FUELS TAX REVENUE    | CUSIP: 546475UU6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $496132.85    | 1.48%             | 2043-05-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY COLO SCH DIST NO 49 FALCON CTFS PARTN | EL PASO CNTY CO SCH DIST #49 F EL PASO COUNTY SCHOOL DISTRICT NO 49 FALCON        | CUSIP: 283484DY6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $313847.97    | 0.94%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REDEV AUTH TEX TAX INCREMENT CONTRACT REV | DOWNTOWN REDEV AUTH TX TAX INC MAIN STREET MARKET SQUARE REDEVELOPMENT AUTHORITY  | CUSIP: 26118RAJ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065926.50   | 3.19%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDINA OHIO                                        | MEDINA OH CITY OF MEDINA OH                                                       | CUSIP: 584836G87<br>LEI: N/A | Long             | DBT              | MUN               | US        |    140000 | PA      | $156318.48    | 0.47%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV              | CLIFTON TX HGR EDU FIN CORP ED CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145CR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    700000 | PA      | $726908.49    | 2.17%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY COLO SCH DIST NO 49 FALCON CTFS PARTN | EL PASO CNTY CO SCH DIST #49 F EL PASO COUNTY SCHOOL DISTRICT NO 49 FALCON        | CUSIP: 283484EA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $548784.95    | 1.64%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORT LAUDERDALE FLA                                | FORT LAUDERDALE FL CITY OF FORT LAUDERDALE FL                                     | CUSIP: 347550RG2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $601828.90    | 1.80%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON HEAD IS S C                                 | HILTON HEAD ISLAND SC TOWN OF HILTON HEAD ISLAND SC                               | CUSIP: 432841QK3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    530000 | PA      | $499634.02    | 1.49%             | 2033-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AZLE TEX INDPT SCH DIST                            | AZLE TX INDEP SCH DIST AZLE INDEPENDENT SCHOOL DISTRICT                           | CUSIP: 054789YZ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $498188.75    | 1.49%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV              | CLIFTON TX HGR EDU FIN CORP ED CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145CB1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    530000 | PA      | $524186.27    | 1.57%             | 2024-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Frost Family of Funds

**Signature:** Eric Olsen

**Name of Signer:** Eric Olsen

**Title:** CFO