# EDGAR Filing Document

**Accession Number:** 0001026977
**File Stem:** 0002048251-26-001439
**Filing Date:** 2026-2
**Character Count:** 890499
**Document Hash:** 9f81975f735b3dfaabae920237b59d5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-001439.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0002048251-26-001439

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITY NATIONAL ROCHDALE FUNDS
- **CENTRAL INDEX KEY:** 0001026977

**ORGANIZATION NAME:**
- **EIN:** 911766001
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07923
- **FILM NUMBER:** 26695860

**BUSINESS ADDRESS:**
- **STREET 1:** 400 NORTH ROXBURY DRIVE
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90210
- **BUSINESS PHONE:** (800) 708-8881

**MAIL ADDRESS:**
- **STREET 1:** 400 NORTH ROXBURY DRIVE
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** City National Rochdale Funds
- **DATE OF NAME CHANGE:** 20130910

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CNI CHARTER FUNDS
- **DATE OF NAME CHANGE:** 19990503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BERKELEY FUNDS TRUST
- **DATE OF NAME CHANGE:** 19980319

## Series and Classes Contracts Data

### City National Rochdale Municipal High Income Fund (Series ID: S000043469)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000134824 | Class N         | CNRNX           |
| C000134825 | Servicing Class | CNRMX           |

## Nport-Ex

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| **Municipal Bonds [98.7%]** | **Municipal Bonds [98.7%]** | **Municipal Bonds [98.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Alabama [2.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/56(A) | 5000 | $5161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser E, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser E, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Ser E, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/55(A) | 1250 | 1337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Southeast A Cooperative District, Ser B-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Southeast A Cooperative District, Ser B-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Southeast A Cooperative District, Ser B-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/01/54(A) | 1000 | 1108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hoover Industrial Development Board, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hoover Industrial Development Board, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hoover Industrial Development Board, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/01/49 | 4750 | 4786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobile County, Industrial Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobile County, Industrial Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobile County, Industrial Development Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/20/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/20/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/20/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/54 | 1000 | 954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southeast Energy Authority A Cooperative District, Ser E, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southeast Energy Authority A Cooperative District, Ser E, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southeast Energy Authority A Cooperative District, Ser E, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/30 | 3000 | 3223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuscaloosa County, Industrial Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuscaloosa County, Industrial Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuscaloosa County, Industrial Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/44(B) | 3000 | 3006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Alabama** |  | 19575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Arizona [2.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/01/55(B) | 2000 | 2045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/65(B) | 3000 | 3027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 01/01/59 | 375 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/43(B) | 310 | 298 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona State, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/56(B) | $225 | $172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maricopa County, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maricopa County, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maricopa County, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 07/01/53(B) | 1400 | 1360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix, Industrial Development Authority, Legacy Traditional School Projects, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix, Industrial Development Authority, Legacy Traditional School Projects, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix, Industrial Development Authority, Legacy Traditional School Projects, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/45(B) | 3300 | 3194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pima County, Industrial Development Authority, Noah Webster School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pima County, Industrial Development Authority, Noah Webster School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pima County, Industrial Development Authority, Noah Webster School Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/15/43 | 1500 | 1501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sierra Vista, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sierra Vista, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sierra Vista, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 06/15/53(B) | 5400 | 5405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tempe, Industrial Development Authority, Mirrabella at ASU Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tempe, Industrial Development Authority, Mirrabella at ASU Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tempe, Industrial Development Authority, Mirrabella at ASU Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 10/01/52(B) | 1200 | 772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Arizona** |  | 18121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Arkansas [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arkansas State, Development Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arkansas State, Development Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arkansas State, Development Finance Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/01/49(B) | 4530 | 4397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**California [5.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, Ser B-1-GREEN, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, Ser B-1-GREEN, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Choice Financing Authority, Ser B-1-GREEN, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/31 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/31 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/31 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/01/52(A) | 3750 | 3803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Housing Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Housing Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Community Housing Agency, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/01/56(B) | 3000 | 2468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, California Baptist University, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, California Baptist University, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, California Baptist University, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/01/45(B) | 4000 | 4000 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB, AGM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB, AGM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser A, RB, AGM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/01/52 | $1000 | $986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser D, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser D, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Municipal Finance Authority, Ser D, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/01/42 | 2000 | 2155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/01/32(B) (C) | 1275 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Pollution Control Financing Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/34(B) | 1000 | 1094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 03/01/34(B) | 1000 | 965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Public Finance Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.200%, 06/01/44(B) | 2875 | 2838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 08/01/42(B) | 50 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/01/49 | 1120 | 1112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 10/01/44 | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 10/01/34 | 570 | 570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/58(B) | 1500 | 1515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/43(B) | 500 | 508 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State, Statewide Communities Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/44 | $4000 | $4012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Community Facilities District No. 2016-1, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Community Facilities District No. 2016-1, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Community Facilities District No. 2016-1, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/42(B) | 2250 | 2111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Infrastructure & Revitalization Financing Dist No. 1, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Infrastructure & Revitalization Financing Dist No. 1, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco California Infrastructure & Revitalization Financing Dist No. 1, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/52(B) | 1320 | 1281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMFA Special Finance Agency VII, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMFA Special Finance Agency VII, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMFA Special Finance Agency VII, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/01/56(B) | 5500 | 3774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 05/01/57(B) | 3430 | 2350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/47(B) | 1090 | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, Ser W, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, Ser W, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSCDA Community Improvement Authority, Ser W, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 12/01/49(B) | 1000 | 678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orange County Community Facilities District, Ser A, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orange County Community Facilities District, Ser A, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orange County Community Facilities District, Ser A, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/52 | 3200 | 3243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County Airport Comm-San Francisco International Airport, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County Airport Comm-San Francisco International Airport, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County Airport Comm-San Francisco International Airport, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/44 | 2000 | 2126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total California** |  | 43419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Colorado [11.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9th Avenue Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9th Avenue Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9th Avenue Metropolitan District No. 2, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/48 | 1000 | 986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banning Lewis Ranch Metropolitan District No. 8, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banning Lewis Ranch Metropolitan District No. 8, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banning Lewis Ranch Metropolitan District No. 8, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 12/01/51(B) | 3500 | 3115 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 2, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 2, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 2, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | $729 | $669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 3, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 3, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadway Station Metropolitan District No. 3, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 1500 | 1168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buffalo Highlands Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buffalo Highlands Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buffalo Highlands Metropolitan District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/48 | 1775 | 1754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyons Metropolitan District No. 5, Sub-Ser B, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyons Metropolitan District No. 5, Sub-Ser B, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyons Metropolitan District No. 5, Sub-Ser B, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/15/54 | 1000 | 998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/41 | 515 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambers Highpoint Metropolitan District No. 2, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51 | 1505 | 1145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/46(B) | 1930 | 1912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/36(B) | 1415 | 1416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/15/50 | 1950 | 1752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 11/15/51 | 5500 | 3980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/48 | 1000 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/35 | 1170 | 1099 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/49 | $3000 | $2270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A-, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A-, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, Health Facilities Authority, Ser A-, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/44 | 4155 | 3768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, High Performance Transportation Enterprise, U.S. 36 & I-25 Managed Lanes Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, High Performance Transportation Enterprise, U.S. 36 & I-25 Managed Lanes Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State, High Performance Transportation Enterprise, U.S. 36 & I-25 Managed Lanes Project, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/01/44 | 2000 | 2001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constitution Heights Metropolitan District, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constitution Heights Metropolitan District, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constitution Heights Metropolitan District, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 1245 | 1178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denver, International Business Center Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denver, International Business Center Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denver, International Business Center Metropolitan District No. 1, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/48 | 850 | 724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Hills Metropolitan District No. 10, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Hills Metropolitan District No. 10, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Hills Metropolitan District No. 10, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/55 | 3000 | 3067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elora Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elora Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elora Metropolitan District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/55 | 3000 | 3072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erie Highlands, Metropolitan District No. 1, GO, BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erie Highlands, Metropolitan District No. 1, GO, BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erie Highlands, Metropolitan District No. 1, GO, BAM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 12/01/40 | 900 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four Corners Business Improvement District, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four Corners Business Improvement District, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Four Corners Business Improvement District, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/52 | 1130 | 1140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Green Valley Ranch East Metropolitan District No. 6, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Green Valley Ranch East Metropolitan District No. 6, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Green Valley Ranch East Metropolitan District No. 6, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/50 | 1195 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenways Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenways Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenways Metropolitan District No. 1, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/01/51 | 3685 | 2892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Haymeadow Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Haymeadow Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Haymeadow Metropolitan District No. 1, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 12/01/54 | 1000 | 1027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/01/47 | 250 | 229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Center, Metropolitan District No. 1, Ser A-2, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/40 | 575 | 543 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 3

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafferty Canyon Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafferty Canyon Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafferty Canyon Metropolitan District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/55 | $1445 | $1454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lanterns Metropolitan District No. 3, Sub-Ser A-1, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lanterns Metropolitan District No. 3, Sub-Ser A-1, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lanterns Metropolitan District No. 3, Sub-Ser A-1, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 12/01/53 | 2300 | 2386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/51 | 1025 | 861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legato Community Authority, Ser A-2, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/01/51(D) | 7335 | 5769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Business Improvement District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Business Improvement District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Business Improvement District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/54(B) | 1250 | 1258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newlin Crossing Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newlin Crossing Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newlin Crossing Metropolitan District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/54(B) | 3435 | 3429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Range Metropolitan District No. 3, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Range Metropolitan District No. 3, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Range Metropolitan District No. 3, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/50 | 3000 | 3010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parterre Metropolitan District No. 5, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parterre Metropolitan District No. 5, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parterre Metropolitan District No. 5, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 12/01/55 | 1500 | 1572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poudre Heights Valley Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poudre Heights Valley Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poudre Heights Valley Metropolitan District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/54(B) | 975 | 920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rampart Range Metropolitan District No. 5, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rampart Range Metropolitan District No. 5, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rampart Range Metropolitan District No. 5, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/51 | 3725 | 2991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red Barn Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red Barn Metropolitan District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red Barn Metropolitan District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/55 | 1800 | 1809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regional Transportation District, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regional Transportation District, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regional Transportation District, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/40 | 500 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senac South Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senac South Metropolitan District No. 1, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senac South Metropolitan District No. 1, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/51 | 5000 | 4773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southglenn, Metropolitan District, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southglenn, Metropolitan District, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southglenn, Metropolitan District, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/46 | 1551 | 1473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spring Hill, Metropolitan District No. 3, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spring Hill, Metropolitan District No. 3, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spring Hill, Metropolitan District No. 3, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 12/01/52(B) | 500 | 506 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Ranch Community Authority Board, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Ranch Community Authority Board, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Ranch Community Authority Board, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/01/54 | $1000 | $1036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vermilion Creek Metropolitan District No. 3, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vermilion Creek Metropolitan District No. 3, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vermilion Creek Metropolitan District No. 3, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/55 | 3425 | 3503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village at Dry Creek Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village at Dry Creek Metropolitan District No. 2, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village at Dry Creek Metropolitan District No. 2, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/01/44 | 624 | 614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 02, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 02, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water Valley, Metropolitan District No. 02, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/33 | 250 | 237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westcreek Metropolitan District No. 2, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westcreek Metropolitan District No. 2, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westcreek Metropolitan District No. 2, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/01/48 | 1263 | 1248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hill Metropolitan District No. 2, Ser A, GO, BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hill Metropolitan District No. 2, Ser A, GO, BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hill Metropolitan District No. 2, Ser A, GO, BAM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/49 | 1500 | 1368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Colorado** |  | 85924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**District of Columbia [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;District of Columbia, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;District of Columbia, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;District of Columbia, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/39 | 5000 | 5035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Florida [7.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alachua County, Health Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alachua County, Health Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alachua County, Health Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/15/49(C) | 1610 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Pineapple Cove Classical Academy, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Pineapple Cove Classical Academy, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Pineapple Cove Classical Academy, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/01/54(B) | 1500 | 1340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Pineapple Cove Classical Academy, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Pineapple Cove Classical Academy, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Pineapple Cove Classical Academy, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/01/39(B) | 1500 | 1474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/41(B) | 1750 | 1520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Renaissance Charter School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Renaissance Charter School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Renaissance Charter School Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/39(B) | 3610 | 3528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Renaissance Charter School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Renaissance Charter School Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency, Renaissance Charter School Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/49(B) | 2750 | 2469 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 4

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/49(B) | $1915 | $1874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County, Industrial Development Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/41(B) | 905 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Miami-Dade Florida Aviation Revenue, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Miami-Dade Florida Aviation Revenue, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Miami-Dade Florida Aviation Revenue, Ser A, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/49 | 2000 | 2010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Monroe Florida Airport Revenue, Ser 202, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Monroe Florida Airport Revenue, Ser 202, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Monroe Florida Airport Revenue, Ser 202, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/52 | 750 | 738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Okaloosa Florida, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Okaloosa Florida, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Okaloosa Florida, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/15/55(B) | 1000 | 1013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East Nassau Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East Nassau Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East Nassau Stewardship District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/01/45 | 3205 | 3325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 11/15/55(B) | 1000 | 1041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/34 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/34 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/34 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/50(B) | 2600 | 2676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/34 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/34 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/34 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/15/45(B) | 1500 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 06/15/47(B) | 3250 | 3321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/50(B) | 100 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/35(B) | 200 | 207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/15/50(B) | 450 | 392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/46(B) | 300 | 234 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 07/01/32(A)(B) | $2970 | $2983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/01/29(B) | 1375 | 1416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/29(B) | 3500 | 3532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/44(B) | 3000 | 3001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/15/34(B) | 2110 | 2112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch Stewardship District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/01/56 | 1500 | 1549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch Stewardship District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 05/01/45 | 1000 | 1038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 05/01/43 | 1000 | 1070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 05/01/33 | 500 | 535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakewood Ranch, Stewardship District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/01/37 | 1810 | 1837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Pinecrest Academy Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Pinecrest Academy Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Pinecrest Academy Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/15/44 | 2500 | 2480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Youth CO-OP Charter Schools Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Youth CO-OP Charter Schools Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County, Industrial Development Authority, Youth CO-OP Charter Schools Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/15/35(B) | 1605 | 1606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County Educational Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 10/01/53 | 845 | 839 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 5

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 14, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 14, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 14, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 05/01/42 | $2390 | $2473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 15, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 15, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 15, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 05/01/55(B) | 1000 | 960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 15, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 15, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 15, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 05/01/44(B) | 495 | 478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 16, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 16, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Community Development District No. 16, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/01/56 | 1000 | 999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Florida** |  | 58591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Georgia [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlanta Georgia Airport Passenger Facility Charge, Sub-Ser, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlanta Georgia Airport Passenger Facility Charge, Sub-Ser, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlanta Georgia Airport Passenger Facility Charge, Sub-Ser, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/35 | 4000 | 4048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gainesville & Hall County, Development Authority, Riverside Military Academy, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gainesville & Hall County, Development Authority, Riverside Military Academy, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gainesville & Hall County, Development Authority, Riverside Military Academy, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/47(C) | 4000 | 1800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Main Street Natural Gas, Ser E, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Main Street Natural Gas, Ser E, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Main Street Natural Gas, Ser E, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/55(A) | 5000 | 5333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Georgia** |  | 11181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Idaho [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Idaho Falls Auditorium District, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Idaho Falls Auditorium District, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Idaho Falls Auditorium District, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/51(B) | 2250 | 2134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Illinois [9.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aurora, Tax Increase Revenue, Ser A, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aurora, Tax Increase Revenue, Ser A, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aurora, Tax Increase Revenue, Ser A, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/30/27 | 300 | 303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bridgeview Village, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bridgeview Village, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bridgeview Village, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/35 | 2000 | 2001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser B, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser B, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Board of Education, Ser B, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/01/42(B) | 2500 | 2586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, O'Hare International Airport, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, O'Hare International Airport, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, O'Hare International Airport, Ser A, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/48 | 6300 | 6300 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/01/38 | $5000 | $5078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 05/15/42 | 1000 | 1070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 05/15/47 | 1000 | 1048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 01/01/48(B) | 4180 | 4270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/52 | 830 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/32 | 400 | 362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/33 | 350 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/38 | 230 | 187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/01/40 | 4250 | 4045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 09/01/42(A)(B) | 1500 | 1713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/03/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/03/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/03/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 09/01/52(A)(B) | 1500 | 1636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/28 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/28 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/28 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 04/01/38(B) | 2055 | 2098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/01/49 | 2000 | 1385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/27(E) | 330 | 339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/27(E) | 480 | 493 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 6

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/36 | $1605 | $1635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser C-ASCENSION, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/41 | 520 | 526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser S, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser S, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Ser S, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/37 | 2425 | 2327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Wesleyan University, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Wesleyan University, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Finance Authority, Wesleyan University, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/41 | 5140 | 4549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Housing Development Authority, Stonebridge Gurnee Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Housing Development Authority, Stonebridge Gurnee Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State, Housing Development Authority, Stonebridge Gurnee Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 01/01/56(B) | 5970 | 5770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/39 | 2000 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morton Grove, Tax Increment Revenue, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/01/29 | 535 | 535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schaumburg Cook & DuPage Counties Illinois, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schaumburg Cook & DuPage Counties Illinois, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schaumburg Cook & DuPage Counties Illinois, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/24/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/24/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/24/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 12/30/38(B) | 3000 | 3018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Illinois, Development Authority, Collinsville Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Illinois, Development Authority, Collinsville Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Illinois, Development Authority, Collinsville Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 03/01/31 | 75 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upper Illinois River Valley Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upper Illinois River Valley Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upper Illinois River Valley Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/48 | 2000 | 2004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Bolingbrook, Special Service Area No. 1, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Bolingbrook, Special Service Area No. 1, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Bolingbrook, Special Service Area No. 1, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/41 | 4500 | 4544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Gilberts, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Gilberts, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Gilberts, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/18/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/18/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/18/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/34 | 1293 | 1285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Hodgkins, Redevelopment Project Area #4, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Hodgkins, Redevelopment Project Area #4, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Hodgkins, Redevelopment Project Area #4, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/01/37 | 4285 | 4296 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/10/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/10/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/10/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.820%, 01/01/41(B) | $415 | $412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Lincolnwood Il, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/29/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/29/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/29/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/43(B) | 700 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Matteson Illinois, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Matteson Illinois, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Matteson Illinois, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/01/35 | 750 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Villa Park Illinois, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Villa Park Illinois, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village of Villa Park Illinois, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 12/31/38 | 1680 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Illinois** |  | 71960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Indiana [2.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anderson Indiana, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anderson Indiana, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anderson Indiana, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 01/01/40(B) | 2745 | 2497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/51 | 5000 | 5032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Finance Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/01/39 | 1750 | 1957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Housing & Community Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Housing & Community Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana State, Housing & Community Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/29 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/29 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/29 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/01/41(B) | 5750 | 5060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indianapolis Local Public Improvement Bond Bank, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indianapolis Local Public Improvement Bond Bank, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indianapolis Local Public Improvement Bond Bank, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/53 | 600 | 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafayette City, Finance Authority, Glasswater Creek Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafayette City, Finance Authority, Glasswater Creek Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lafayette City, Finance Authority, Glasswater Creek Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 01/01/37 | 3310 | 3286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terre Haute, Westminster Village Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terre Haute, Westminster Village Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terre Haute, Westminster Village Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 08/01/39 | 2355 | 1920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Indiana** |  | 20377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Iowa [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa State, Finance Authority, Child Serve Project, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa State, Finance Authority, Child Serve Project, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa State, Finance Authority, Child Serve Project, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/36 | 2000 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Kansas [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manhattan Kansas, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manhattan Kansas, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manhattan Kansas, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/55 | 1000 | 1001 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 7

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manhattan Kansas, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manhattan Kansas, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manhattan Kansas, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/60 | $1275 | $1266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Kansas Hospital Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Kansas Hospital Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Kansas Hospital Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/27(E) | 1330 | 1350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyandotte County, Kansas City Unified Government, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyandotte County, Kansas City Unified Government, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyandotte County, Kansas City Unified Government, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/01/32 | 4080 | 3921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Kansas** |  | 7538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Kentucky [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Economic Development Finance Authority, Masonic Home Independent Living, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Economic Development Finance Authority, Masonic Home Independent Living, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Economic Development Finance Authority, Masonic Home Independent Living, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/46 | 2000 | 1646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Public Energy Authority, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Public Energy Authority, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kentucky State, Public Energy Authority, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/33 | 1000 | 1037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Kentucky** |  | 2683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Louisiana [–%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 07/01/39(C) | 1435 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 07/01/24(B) (C) | 1319 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana State, Public Facilities Authority, Pellets Project, Ser A, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 07/01/39(C) | 3474 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Louisiana** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Maryland [3.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Harbor Point Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Harbor Point Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Harbor Point Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/36 | 1000 | 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Sub-Ser, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Sub-Ser, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltimore, Sub-Ser, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/51 | 800 | 800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/36 | 1550 | 1579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brunswick, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/29 | 780 | 778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/47(B) | 1250 | 1163 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard County, Downtown Columbia Project, Ser A, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/15/39(B) | $1000 | $993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/27/30 @ 105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/27/30 @ 105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/27/30 @ 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/48(A)(B) | 1000 | 1047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/40 | 875 | 821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Economic Development, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/50 | 875 | 732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Health & Higher Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Health & Higher Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland State, Health & Higher Educational Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/52 | 5000 | 5225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/48(B) | 2000 | 1988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prince George's County, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/01/39(B) | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State of Maryland Department of Transportation, RB, AG, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State of Maryland Department of Transportation, RB, AG, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State of Maryland Department of Transportation, RB, AG, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/01/49 | 3000 | 3151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 07/01/44 | 1780 | 1781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 07/01/39 | 750 | 750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westminster, Luther Village Millers Grant Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 07/01/34 | 1115 | 1116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Maryland** |  | 23934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Massachusetts [1.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/51(B) | 3500 | 2848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/56(B) | 910 | 724 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 8

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts State, Development Finance Agency, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/43 | $4905 | $4727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Massachusetts** |  | 8299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Michigan [1.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Detroit City, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Detroit City, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Detroit City, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/38 | 625 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/37 | 2450 | 2484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/42 | 1300 | 1301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/51(B) | 1505 | 1219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, Old Redford School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, Old Redford School Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, Old Redford School Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/01/40 | 3745 | 3678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Public Educational Facilities Authority, Old Redford Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Public Educational Facilities Authority, Old Redford Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Public Educational Facilities Authority, Old Redford Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/30 | 1360 | 1360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Strategic Fund, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Strategic Fund, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan State, Strategic Fund, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/41(B) | 895 | 816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Michigan** |  | 11499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Minnesota [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anoka, Housing Revenue Authority, Homestead Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anoka, Housing Revenue Authority, Homestead Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anoka, Housing Revenue Authority, Homestead Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/01/35 | 3000 | 2914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bethel, Senior Housing Revenue, Lodge at Lakes at Stillwater Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bethel, Senior Housing Revenue, Lodge at Lakes at Stillwater Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bethel, Senior Housing Revenue, Lodge at Lakes at Stillwater Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/58 | 2840 | 2476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/53 | 500 | 458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis State, Riverton Community Housing Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/01/43 | 1600 | 1497 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis-St. Paul Metropolitan Airports Commission, Sub-Ser, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis-St. Paul Metropolitan Airports Commission, Sub-Ser, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minneapolis-St. Paul Metropolitan Airports Commission, Sub-Ser, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/01/42 | $1500 | $1607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Minnesota** |  | 8952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Missouri [2.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/42 | 985 | 845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/01/33 | 495 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 03/01/26 | 85 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas City, Industrial Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas City, Industrial Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas City, Industrial Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/36(B) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirkwood, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirkwood, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirkwood, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/30 | 2515 | 2530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/46 | 2000 | 1845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lees Summit, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/42 | 2500 | 2436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, Innovation District Project, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, Innovation District Project, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, Innovation District Project, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 05/15/36 | 1480 | 1461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/53 | 2000 | 1939 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 9

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Louis, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/41 | $3250 | $3283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University City, Industrial Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University City, Industrial Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University City, Industrial Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/15/36 | 1580 | 1621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Missouri** |  | 17502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Nevada [2.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/43 | 915 | 924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/51 | 235 | 194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henderson Local Improvement Districts, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 09/01/45 | 670 | 522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 611, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 611, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 611, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 06/01/50 | 815 | 691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 612 Skye Hills, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 612 Skye Hills, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 612 Skye Hills, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/35 | 185 | 171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 12/01/53 | 500 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/47 | 500 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 613, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/39 | 375 | 388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 812, Special Improvement District No. 812, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 812, Special Improvement District No. 812, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 812, Special Improvement District No. 812, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/35 | 795 | 795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 814, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 814, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 814, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/44 | 670 | 594 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 815, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 815, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 815, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 12/01/40 | $700 | $709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 06/01/51 | 1045 | 737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 816, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/41 | 935 | 739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 817 Summerlin Village 29, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 817 Summerlin Village 29, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 817 Summerlin Village 29, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/01/48 | 250 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 818, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 818, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 818, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/54 | 700 | 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 819, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 819, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 819, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/55 | 850 | 863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 819, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 819, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas, Special Improvement District No. 819, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/45 | 325 | 328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Green-Fulcrum Sierra Biofuels, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Green-Fulcrum Sierra Biofuels, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Green-Fulcrum Sierra Biofuels, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 12/15/37(B) | 78 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/38(B) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/35(B) | 1595 | 1595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/01/54(B) | 850 | 836 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 10

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, Sub-Ser, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, Sub-Ser, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reno Nevada, Sub-Ser, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/38 @ 31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/38 @ 31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/38 @ 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 07/01/58(B)(F) | $12000 | $1889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Nevada** |  | 14925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Hampshire [0.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/01/54(B) | 1250 | 1244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/01/46(B) | 500 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser B, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser B, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire, Business Finance Authority, Ser B, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 07/01/45(A)(B) | 5615 | 4614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New Hampshire** |  | 6359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Jersey [2.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Continental Airlines Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Continental Airlines Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Continental Airlines Project, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/15/29 | 530 | 531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/28(E) | 370 | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/37 | 1100 | 1113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 11/15/30 | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/42 | 1155 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Economic Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/47 | 1230 | 1240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/28(E) | 355 | 381 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/46 | $645 | $655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 12/15/28(E) | 1410 | 1495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/15/49 | 2605 | 2554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser AA, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser AA, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser AA, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/28/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/28/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/28/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/15/41 | 4245 | 4248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser BB, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser BB, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey State, Transportation Trust Fund Authority, Ser BB, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/15/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/37 | 3500 | 3535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New Jersey** |  | 18327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Mexico [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/33 | 500 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/38 | 500 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lower Petroglyphs, Public Improvement District, SPL Tax |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/48 | 1750 | 1701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New Mexico** |  | 2703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New York [6.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser A-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/15/49 | 3000 | 2651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser C-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser C-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser C-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/15/45 | 2000 | 2002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser D1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser D1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Ser D1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/44 | 2450 | 2516 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 11

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 02/01/53 | $1000 | $995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 08/01/48 | 3000 | 2966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development, RB, Housing Urban Development Section 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 08/01/43 | 2000 | 2009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Dormitory Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Dormitory Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Dormitory Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/35 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/35 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/47 | 5000 | 5204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Liberty Development, Bank of America Tower, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Liberty Development, Bank of America Tower, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Liberty Development, Bank of America Tower, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/15/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 09/15/69 | 1000 | 934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, American Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, American Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, American Airlines, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/01/26 | 535 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 04/01/35 | 1500 | 1653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/36 | 5000 | 5089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, Delta Airlines, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/40 | 800 | 811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, JFK International Airport, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, JFK International Airport, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, JFK International Airport, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/30/54 | 2000 | 2067 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, JFK International Airport, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, JFK International Airport, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, JFK International Airport, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/01/31 | $1235 | $1279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York State, Transportation Development, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/30/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/30/55 | 4250 | 4488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oneida Indian Nation of New York, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oneida Indian Nation of New York, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oneida Indian Nation of New York, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/31 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/01/43(B) | 1000 | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onondaga Civic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onondaga Civic Development, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onondaga Civic Development, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 08/01/54 | 1250 | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Authority of New York & New Jersey, Ser 221, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Authority of New York & New Jersey, Ser 221, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Authority of New York & New Jersey, Ser 221, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/50 | 2000 | 1772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suffolk Regional Off-Track Betting, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suffolk Regional Off-Track Betting, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suffolk Regional Off-Track Betting, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 12/01/53 | 1000 | 1015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/41 | 2485 | 2488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Sub-Ser C, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Sub-Ser C, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester, Tobacco Asset Securitization, Sub-Ser C, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/51 | 7000 | 5996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total New York** |  | 48635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North Carolina [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Medical Care Commission, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Medical Care Commission, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina State, Medical Care Commission, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/50 | 250 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North Dakota [0.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burleigh County, Educational Facilities Revenue, Education Facilities, University of Mary Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burleigh County, Educational Facilities Revenue, Education Facilities, University of Mary Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burleigh County, Educational Facilities Revenue, Education Facilities, University of Mary Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/15/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 04/15/46 | 1100 | 1045 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 12

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Grand Forks North Dakota, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Grand Forks North Dakota, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Grand Forks North Dakota, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 12/15/43(B) (C) | $5000 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total North Dakota** |  | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ohio [2.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser A-2-Class, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser A-2-Class, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser A-2-Class, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/48 | 3500 | 3022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser B-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser B-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement, Financing Authority, Ser B-2, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/55 | 2000 | 1619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Hamilton Ohio, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Hamilton Ohio, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Hamilton Ohio, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/01/53 | 500 | 515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cuyahoga County, Hospital Revenue, Metrohealth System, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cuyahoga County, Hospital Revenue, Metrohealth System, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cuyahoga County, Hospital Revenue, Metrohealth System, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/15/47 | 3000 | 2905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/48 | 250 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/15/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/38(B) | 3555 | 3558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Housing Finance Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Housing Finance Agency, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio State, Housing Finance Agency, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/30 @ 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 01/01/45(B) | 3365 | 3480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Ohio** |  | 15339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oklahoma [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/01/47(C) | 718 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma County, Finance Authority, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/30 @ 104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/47 | 3490 | 1892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma State, Development Finance Authority, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma State, Development Finance Authority, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma State, Development Finance Authority, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/48 | 1000 | 984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 11/01/46(C) | 3843 | 24 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payne County, Economic Development Authority, Epworth Living at the Ranch, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 11/01/36(C) | $1664 | $10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oklahoma** |  | 2946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oregon [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clackamas County, Hospital Facility Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clackamas County, Hospital Facility Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clackamas County, Hospital Facility Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/55 | 875 | 854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/36 | 1180 | 1135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospital Facilities Authority of Multnomah County Oregon, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/01/28 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/01/51 | 2000 | 1539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Portland Oregon Airport Revenue, Ser 28, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Portland Oregon Airport Revenue, Ser 28, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Portland Oregon Airport Revenue, Ser 28, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/47 | 2000 | 1801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oregon** |  | 5329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pennsylvania [2.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegheny County, Airport Authority, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegheny County, Airport Authority, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegheny County, Airport Authority, Ser A, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/51 | 2000 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, City Center Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, City Center Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, City Center Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/42(B) | 1750 | 1759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/01/32(B) | 1500 | 1532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berks County, Municipal Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berks County, Municipal Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berks County, Municipal Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/30/39 | 4778 | 4300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berks County, Municipal Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berks County, Municipal Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berks County, Municipal Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/23/26 @ 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/15/29(D) | 2387 | 1647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Health and Education Facilities Authority, Ser S, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Health and Education Facilities Authority, Ser S, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Health and Education Facilities Authority, Ser S, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/45 | 1400 | 1150 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 13

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Industrial Development Authority, Woodlands at Graystone Project, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Industrial Development Authority, Woodlands at Graystone Project, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester County, Industrial Development Authority, Woodlands at Graystone Project, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 03/01/48(B) | $500 | $490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, Harrisburg University of Science and Technology Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, Harrisburg University of Science and Technology Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, Harrisburg University of Science and Technology Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 10/15/41(B) | 1135 | 801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dauphin County, General Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/15/34(B) | 2910 | 2353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/49 | 780 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin County, Industrial Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/54 | 1000 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Economic Development Financing Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Economic Development Financing Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State, Economic Development Financing Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 12/31/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 06/30/48 | 625 | 654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington County, Redevelopment Authority, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington County, Redevelopment Authority, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington County, Redevelopment Authority, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/35 | 1235 | 1241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pennsylvania** |  | 19492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Rhode Island [0.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhode Island State, Tobacco Settlement Financing, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhode Island State, Tobacco Settlement Financing, Ser B, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhode Island State, Tobacco Settlement Financing, Ser B, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/18/26 @ 20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/18/26 @ 20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/18/26 @ 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/52(F) | 21270 | 2988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**South Carolina [0.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 11/01/49 | 1000 | 877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkeley County, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/30 | 335 | 333 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina Jobs-Economic Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina Jobs-Economic Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina Jobs-Economic Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/01/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/01/45 | $4750 | $5171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total South Carolina** |  | 6381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Tennessee [1.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Ser S, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Ser S, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Ser S, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/45 | 5000 | 4264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/36(B) | 2795 | 2839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nashville, Metropolitan Development & Housing Agency, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/28(B) | 305 | 308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Tennessee** |  | 7411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Texas [8.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, RB, PSF-GTD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, RB, PSF-GTD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, RB, PSF-GTD |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 08/15/54 | 1000 | 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 03/01/44 | 2300 | 2300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/01/34 | 400 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/01/47(B) | 500 | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celina, Cambridge Crossing Public Improvement Project, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 09/01/38(B) | 1500 | 1515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulf Coast Authority, Ser B, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulf Coast Authority, Ser B, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulf Coast Authority, Ser B, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 05/01/28 | 1000 | 946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Horizon, Regional Municipal Utility District, GO, BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Horizon, Regional Municipal Utility District, GO, BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Horizon, Regional Municipal Utility District, GO, BAM |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/01/54 | 1000 | 888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/41 | 2500 | 2272 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 14

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houston, Airport System Revenue, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/15/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/41 | $2530 | $2299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lago Vista Texas, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lago Vista Texas, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lago Vista Texas, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 09/01/50(B) | 275 | 261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matagorda County Navigation District No. 1, RB, AMBAC, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matagorda County Navigation District No. 1, RB, AMBAC, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matagorda County Navigation District No. 1, RB, AMBAC, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 11/01/28 | 1500 | 1570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/36 | 3410 | 3420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/46 | 1250 | 1178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 11/15/36(C) | 3385 | 3385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 11/15/37(C) | 545 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/51(B) | 4385 | 3367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 11/15/26 @ 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/15/61(A) (C) | 14742 | 6339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/01/60 | 1125 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope, Cultural Education Facilities Finance, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/40(B) | 4750 | 4422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newark, Higher Education Finance, Ser A, RB, PSF-GTD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newark, Higher Education Finance, Ser A, RB, PSF-GTD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newark, Higher Education Finance, Ser A, RB, PSF-GTD |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/15/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/15/59 | 1000 | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Texas, Tollway Authority, Convertible Capital Appreciation Project, Ser C, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Texas, Tollway Authority, Convertible Capital Appreciation Project, Ser C, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Texas, Tollway Authority, Convertible Capital Appreciation Project, Ser C, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 09/01/31(E) | 5000 | 6014 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 07/01/26(B) | $3000 | $3012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/32 @ 104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/01/54(B) | 250 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 01/01/41(B) | 250 | 185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Beaumont Navigation District, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 01/01/36(B) | 1000 | 825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanger, Industrial Development Authority, Texas Pellets Project, Ser B, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanger, Industrial Development Authority, Texas Pellets Project, Ser B, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanger, Industrial Development Authority, Texas Pellets Project, Ser B, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 07/01/38(C) | 4950 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, C.C. Young Memorial Home Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, C.C. Young Memorial Home Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, C.C. Young Memorial Home Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/48(C) | 5720 | 4519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, Northwest Senior Housing Edgemere Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, Northwest Senior Housing Edgemere Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, Northwest Senior Housing Edgemere Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 05/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/15/47(C) | 2983 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County, Cultural Education Facilities Finance, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/15/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/52(C) | 3280 | 2591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Department of Housing & Community Affairs, Ser A, RB, GNMA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Department of Housing & Community Affairs, Ser A, RB, GNMA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Department of Housing & Community Affairs, Ser A, RB, GNMA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 09/01/43 | 1880 | 1887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Transportation Commission, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Transportation Commission, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas State, Transportation Commission, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/29 @ 73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/29 @ 73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/29 @ 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 08/01/36(F) | 1000 | 642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Water Development Board, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Water Development Board, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Water Development Board, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/34 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/15/34 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 10/15/54 | 5000 | 4768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Texas** |  | 63323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utah [0.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/53(B) | 2000 | 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/01/42(B) | 500 | 505 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 15

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salt Lake City Utah Airport Revenue, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salt Lake City Utah Airport Revenue, Ser A, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salt Lake City Utah Airport Revenue, Ser A, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/33 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/33 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/01/48 | $750 | $777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utah Charter School Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utah Charter School Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utah Charter School Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/28 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/28 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/28 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/55(B) | 3710 | 3230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wood Ranch Public Infrastructure District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wood Ranch Public Infrastructure District, SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wood Ranch Public Infrastructure District, SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/53(B) | 959 | 968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Utah** |  | 7461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Virginia [0.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virginia Beach Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virginia Beach Development Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virginia Beach Development Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/30 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 09/01/53 | 3000 | 3292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Falls Community Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Falls Community Development Authority, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Falls Community Development Authority, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 09/01/52(B) | 2100 | 2136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Virginia** |  | 5428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Washington [1.1%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalispel Tribe of Indians, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalispel Tribe of Indians, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalispel Tribe of Indians, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/01/38(B) | 400 | 408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Health Care Facilities Authority, Ser A-, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Health Care Facilities Authority, Ser A-, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Health Care Facilities Authority, Ser A-, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 08/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/44 | 2715 | 2462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Judson Park Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Judson Park Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Judson Park Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/48(B) | 1650 | 1509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State, Housing Finance Commission, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/26 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/01/55(B) | 4000 | 3612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Washington** |  | 7991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**West Virginia [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Charleston West Virginia, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Charleston West Virginia, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Charleston West Virginia, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/01/42(B) | 2610 | 2159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Wisconsin [6.5%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/01/38(B) | 1580 | 1580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/15/32 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/15/55 | 2250 | 2247 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/30(B) (E) | $100 | $109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/40(B) | 1175 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 04/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/01/50(B) | 1575 | 1458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/32 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/62 | 2500 | 2427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/32(B) (E) | 50 | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Refunded @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/32(B) (E) | 60 | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/29 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/51 | 1750 | 1420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/01/56(B) | 3000 | 2106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/30/51 | 600 | 496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, RB, AMT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 09/30/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/31/56 | 3290 | 2658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, TA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, TA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/29 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/41(B) | 500 | 508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Wisconsin Hospitals & Clinics, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Wisconsin Hospitals & Clinics, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Wisconsin Hospitals & Clinics, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/31 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/01/51 | 2995 | 2716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 10/01/32 @ 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/01/44 | 1300 | 1372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/47 | 540 | 447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 01/01/27 @ 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/57 | 2400 | 1853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, Woodland Hill Senior Housing Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, Woodland Hill Senior Housing Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Health & Educational Facilities Authority, Woodland Hill Senior Housing Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/49 | 4000 | 3542 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 16

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Municipal High Income Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/36(B) | 4625 | $4629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 06/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/01/36(B) | 3300 | 3259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/01/44 | 3500 | 3500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Coral Academy Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/01/34 | 1845 | 1846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Cornerstone Christian Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Cornerstone Christian Project, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Cornerstone Christian Project, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/01/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/36(B) | 3000 | 3002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/45(B) | 1665 | 1576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 03/01/30 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/55(B) | 835 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Roseman University Health Sciences, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Roseman University Health Sciences, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin State, Public Finance Authority, Roseman University Health Sciences, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/01/45 | 3000 | 3000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Wisconsin** |  | 47796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Puerto Rico [3.7%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 05/15/43 | 2000 | 2024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Ser A, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Ser A, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 05/15/57(F) | 25000 | 1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Sub-Ser Senior, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Sub-Ser Senior, GO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico, Sub-Ser Senior, GO |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/01/51(A) | 5685 | 3716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/58 | 5167 | 4975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/01/53 | 876 | 826 |
| Description | Face Amount (000) | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 02/02/26 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/01/34 | 10005 | $10005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.784%, 07/01/58 | 5771 | 5388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callable 07/01/28 @ 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.536%, 07/01/53 | 31 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Puerto Rico** |  | 28145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Municipal Bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Municipal Bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Municipal Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $765,137) |  | 737507 |
| **Common Stock [0.0%]** | **Common Stock [0.0%]** | **Common Stock [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nassau County, Industrial Development Agency | 4357851 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Common Stock** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Common Stock** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Common Stock** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $–) |  |  |
| **Short-Term Investment [0.3%]** | **Short-Term Investment [0.3%]** | **Short-Term Investment [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Cl Institutional, 3.640%\*\* | 2504837 | 2505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,505) |  | 2505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $767,642) |  | $740012 |

---

Percentages are based on net assets of $747,277 (000).

\*\* The rate reported is the 7-day effective yield as of December 31, 2025.

(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(B) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2025, the value of these securities amounted to $226,007 (000), representing 30.2% of the net assets of the Fund.

(C) In default on interest payments. Rate shown represents the last coupon rate prior to default.

(D) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

(E) Pre-Refunded Security — The maturity date shown is the pre-refunded date.

(F) Zero coupon security.

AGM — Assured Guarantee Municipal

AMBAC — American Municipal Bond Assurance Company

AMT — Alternative Minimum Tax (subject to)

BAM — Build America Mutual

Cl — Class

GNMA — Government National Mortgage Association

GO — General Obligation

PSF-GTD — Public School Fund Guaranteed

RB — Revenue Bond

Ser — Series SPA — Special Assessment

SPL Tax — Special Tax

TA — Tax Allocation

CNR-QH-002-320

CITY NATIONAL ROCHDALE FUNDS \| PAGE 17

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| **Corporate Bonds [51.9%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace / Defense [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace / Defense [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace / Defense [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAR Escrow Issuer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAR Escrow Issuer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAR Escrow Issuer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/15/29(A) | $98 | $102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Czechoslovak Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Czechoslovak Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Czechoslovak Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/10/31(A) | 1930 | 1983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/15/28(A) | 2580 | 2625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/31/34(A) | 125 | 130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/01/29(A) | 900 | 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 05/31/33(A) | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 12/15/30(A) | 1500 | 1570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/01/32(A) | 975 | 1015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/31/34(A) | 75 | 78 |
| **Total Aerospace / Defense** |  | 8559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Agricultural [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Agricultural [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Agricultural [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kernel Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kernel Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kernel Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/27/27 | 5281 | 4965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MHP Lux | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MHP Lux | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MHP Lux |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 09/19/29 | 665 | 563 |
| **Total Agricultural** |  | 5528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegiant Travel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegiant Travel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegiant Travel |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 08/15/27(A) | 918 | 931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/20/26(A) | 351 | 351 |
| **Total Airlines** |  | 1282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airport Develop/Maint [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airport Develop/Maint [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airport Develop/Maint [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aeropuertos Dominicanos Siglo XXI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aeropuertos Dominicanos Siglo XXI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aeropuertos Dominicanos Siglo XXI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 06/30/34(A) | 1990 | 2089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingston Airport Revenue Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingston Airport Revenue Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingston Airport Revenue Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 12/15/36(A) | 2030 | 2086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TAV Havalimanlari Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TAV Havalimanlari Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TAV Havalimanlari Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 12/07/28 | 3045 | 3178 |
| **Total Airport Develop/Maint** |  | 7353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Apparel/Textiles [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Apparel/Textiles [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Apparel/Textiles [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Armour | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Armour | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Armour |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 07/15/30(A) | 535 | 536 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Rent & Lease [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Rent & Lease [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Rent & Lease [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upbound Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upbound Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upbound Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/29(A) | $1765 | $1743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 04/15/31(A) | 300 | 316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 02/15/33(A) | 850 | 877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 02/15/30(A) | 325 | 339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/15/32(A) | 1500 | 1557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dornoch Debt Merger Sub | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dornoch Debt Merger Sub | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dornoch Debt Merger Sub |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 10/15/29(A) | 950 | 822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.271%, 01/09/27 | 1200 | 1194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Otomotiv Sanayi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Otomotiv Sanayi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Otomotiv Sanayi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 04/25/29(A) | 3680 | 3808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forvia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forvia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forvia |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/15/33(A) | 575 | 593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Antolin Irausa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Antolin Irausa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Antolin Irausa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/30/28 | 750 | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 11/15/32(A) | 1525 | 1606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JB Poindexter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JB Poindexter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JB Poindexter |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 12/15/31(A) | 600 | 628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF North America Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF North America Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF North America Capital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/14/28(A) | 200 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF North America Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF North America Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF North America Capital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 04/14/30(A) | 200 | 202 |
| **Total Automotive** |  | 12791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Autoparts [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Autoparts [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Autoparts [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 07/01/28 | 315 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metalsa Sapi De Cv | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metalsa Sapi De Cv | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metalsa Sapi De Cv |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/04/31 | 503 | 435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/04/31(A) | 2955 | 2559 |
| **Total Autoparts** |  | 3309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks [4.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks [4.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks [4.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akbank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akbank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akbank |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.369%, H15T5Y + 5.270%, 06/14/74(A) (B) | 8545 | 8989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Davivienda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Davivienda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Davivienda |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.650%, H15T10Y + 5.097%, 10/22/74(A) (B) | 5350 | 5076 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 1

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco de Credito e Inversiones | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco de Credito e Inversiones | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco de Credito e Inversiones |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, H15T5Y + 3.767%, 03/12/74(B) | 1320 | 1400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, H15T5Y + 3.767%, 03/12/74(A) (B) | 1950 | 2068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco General | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco General | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco General |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, H15T10Y + 3.665%, 11/07/74(B) | 2625 | 2480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, H15T10Y + 5.353%, 10/06/67(B) | 6165 | 6338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, H15T5Y + 4.072%, 02/20/74(A) (B) | 1350 | 1417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bancolombia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bancolombia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bancolombia |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, H15T5Y + 4.320%, 12/24/34(B) | 2010 | 2154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.255%, H15T5Y + 2.155%, 01/21/32(A) (B) | 2697 | 2645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Nadra Via NDR Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Nadra Via NDR Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Nadra Via NDR Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 06/22/17(C) | 631 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Negara Indonesia Persero | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Negara Indonesia Persero | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Negara Indonesia Persero |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, H15T5Y + 3.466%, 03/24/73(B) | 2600 | 2539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Georgia JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Georgia JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Georgia JSC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, USISSO05 + 5.618%, 10/16/74(B) | 3030 | 3159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Mexico Institucion De Banca Multiple Grupo Financiero BBVA Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Mexico Institucion De Banca Multiple Grupo Financiero BBVA Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Mexico Institucion De Banca Multiple Grupo Financiero BBVA Mexico |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, H15T5Y + 2.650%, 01/18/33(B) | 4167 | 4096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Mexico Institucion De Banca Multiple Grupo Financiero BBVA Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Mexico Institucion De Banca Multiple Grupo Financiero BBVA Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBVA Mexico Institucion De Banca Multiple Grupo Financiero BBVA Mexico |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, H15T5Y + 4.214%, 01/08/39(B) | 4900 | 5301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.250%, 10/01/30(A) | 533 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Bank, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Bank, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Bank, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.571%, 01/01/28(D) | 150620 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17.500%, 10/09/28 | 8020000 | 666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipoteka-Bank ATIB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.450%, 10/09/30 | 4070 | 4073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jscb Agrobank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jscb Agrobank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jscb Agrobank |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/02/29 | 470 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/02/29(A) | 3000 | 3230 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OTP Bank Nyrt, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OTP Bank Nyrt, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OTP Bank Nyrt, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.300%, H15T5Y + 2.861%, 07/30/35(B) | 3800 | 3992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sovcombank Via SovCom Capital DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sovcombank Via SovCom Capital DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sovcombank Via SovCom Capital DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.600%, H15T5Y + 6.362%, 02/17/74(C)(D) | 3615 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TBC Bank JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TBC Bank JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TBC Bank JSC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.250%, H15T5Y + 5.637%, 10/30/74(B) | 1325 | 1412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkiye Garanti Bankasi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkiye Garanti Bankasi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkiye Garanti Bankasi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, H15T5Y + 4.090%, 02/28/34(A) (B) | 6100 | 6369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uzbek Industrial and Construction Bank ATB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uzbek Industrial and Construction Bank ATB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uzbek Industrial and Construction Bank ATB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.000%, 07/24/27 | 7100000 | 627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yapi ve Kredi Bankasi, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yapi ve Kredi Bankasi, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yapi ve Kredi Bankasi, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/16/28 | 575 | 631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/16/28(A) | 3950 | 4335 |
| **Total Banks** |  | 74862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/15/30(A) | 2105 | 1623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.650%, 02/01/34 | 765 | 808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.484%, 10/23/45 | 2323 | 2188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.250%, 05/15/28(A) | 1605 | 1276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 02/01/30(A) | 1188 | 1202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discovery Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discovery Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discovery Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/20/37 | 290 | 232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Televisa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Televisa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Televisa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/24/49 | 1510 | 1005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 11/15/40 | 530 | 492 |
| **Total Broadcasting & Cable** |  | 8826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [1.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [1.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [1.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashton Woods USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashton Woods USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashton Woods USA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 08/01/33(A) | 1165 | 1166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brundage-Bone Concrete Pumping Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brundage-Bone Concrete Pumping Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brundage-Bone Concrete Pumping Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 02/01/32(A) | 2455 | 2506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dream Finders Homes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dream Finders Homes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dream Finders Homes |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 08/15/28(A) | 1698 | 1747 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 2

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forestar Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forestar Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forestar Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/01/28(A) | $628 | $627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knife River | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knife River | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knife River |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 05/01/31(A) | 1380 | 1445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGI Homes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGI Homes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGI Homes |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 12/15/28(A) | 590 | 616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limak Cimento Sanayi ve Ticaret | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limak Cimento Sanayi ve Ticaret | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limak Cimento Sanayi ve Ticaret |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 07/25/29 | 1930 | 1947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Home | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Home | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Home |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/01/29(A) | 1709 | 1784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/01/28(A) | 590 | 593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 11/15/31(A) | 1665 | 1781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weekley Homes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weekley Homes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weekley Homes |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/15/34(A) | 1195 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 07/15/28(A) | 588 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yuksel Insaat | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yuksel Insaat | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yuksel Insaat |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 11/10/15(C) | 12655 | 127 |
| **Total Building & Construction** |  | 16135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building Materials [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building Materials [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building Materials [0.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/15/28(A) | 350 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Builders & Contractors Supply |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 11/15/29(A) | 400 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 07/15/30(A) | 600 | 621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CP Atlas Buyer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.750%, 01/15/31(A) | 650 | 616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Masterbrand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Masterbrand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Masterbrand |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 07/15/32(A) | 1580 | 1637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miter Brands Acquisition Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miter Brands Acquisition Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miter Brands Acquisition Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/01/32(A) | 475 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIWD Holdco II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIWD Holdco II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIWD Holdco II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/01/30(A) | 500 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/01/32(A) | 750 | 770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/01/32(A) | 713 | 742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/33(A) | 1089 | 1137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QXO Building Products | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QXO Building Products | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QXO Building Products |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/30/32(A) | 1000 | 1044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Building Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Building Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Building Solutions |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 08/15/32(A) | 475 | 489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Building Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Building Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Building Solutions |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 08/01/33(A) | 495 | 506 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/28(A) | $1150 | $1146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TopBuild | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TopBuild | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TopBuild |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/31/34(A) | 575 | 582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Capital Supply Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Capital Supply Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Capital Supply Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 11/15/30(A) | 1570 | 1626 |
| **Total Building Materials** |  | 12621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building-Heavy Construct [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building-Heavy Construct [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building-Heavy Construct [0.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcosa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcosa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcosa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 08/15/32(A) | 775 | 817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATP Tower Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATP Tower Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATP Tower Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 02/03/30(A) | 3700 | 3809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 06/04/29(A) | 3122 | 3222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHS Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHS Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHS Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 11/29/31 | 1970 | 2056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IRB Infrastructure Developers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IRB Infrastructure Developers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IRB Infrastructure Developers |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.110%, 03/11/32 | 3700 | 3821 |
| **Total Building-Heavy Construct** |  | 13725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 01/31/31 | 400 | 449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable Satellite [1.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable Satellite [1.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable Satellite [1.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/01/27(A) | 1600 | 1598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/28(A) | 1200 | 1190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 06/01/29(A) | 250 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/15/30(A) | 550 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/32 | 150 | 135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/01/31(A) | 150 | 138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/34(A) | 900 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 03/01/31(A) | 2154 | 2198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/01/32(A) | 200 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 12/01/30(A) | 400 | 245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 02/15/31(A) | 400 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 11/15/31(A) | 1050 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 08/15/27(A) | 682 | 686 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 3

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/15/28(A) | $1540 | $1506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/01/29(A) | 1250 | 1260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 09/01/31(A) | 350 | 322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise FinCo I BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise FinCo I BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise FinCo I BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 07/15/31(A) | 1275 | 1215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance Luxembourg Notes Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance Luxembourg Notes Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance Luxembourg Notes Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/28(A) | 1200 | 1192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/15/30(A) | 700 | 617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 05/15/29(A) | 1425 | 1404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/15/30(A) | 825 | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/15/31(A) | 1305 | 1205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VZ Secured Financing BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VZ Secured Financing BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VZ Secured Financing BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/32(A) | 400 | 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Bond BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Bond BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Bond BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/28/30(A) | 425 | 379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/30(A) | 350 | 331 |
| **Total Cable Satellite** |  | 19344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [1.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [1.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [1.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ashland |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 09/01/31(A) | 600 | 549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/15/27(A) | 700 | 701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.050%, 11/15/30 | 245 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/15/33 | 1075 | 1069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.200%, 11/15/33 | 1095 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/15/34 | 500 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Solutions |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 09/01/28(A) | 525 | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GC Treasury Center | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GC Treasury Center | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GC Treasury Center |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, H15T5Y + 2.815%, 06/10/74(A) (B) | 1890 | 1910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HB Fuller | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HB Fuller | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HB Fuller |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/15/28 | 775 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illuminate Buyer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illuminate Buyer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illuminate Buyer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 07/01/28(A) | 123 | 123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/15/28(A) | 1240 | 1098 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inversion Escrow Issuer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inversion Escrow Issuer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inversion Escrow Issuer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/01/32(A) | $925 | $922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 10/01/29(A) | 1760 | 1778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maxam Prill Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maxam Prill Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maxam Prill Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 07/15/30(A) | 975 | 1009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 05/02/54(A) | 3300 | 3655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/01/29(A) | 500 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 06/15/31(A) | 500 | 511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 02/15/33(A) | 500 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 05/13/35(A) | 5010 | 4860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 09/17/44 | 1654 | 1283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 08/15/32(A) | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 08/15/33(A) | 425 | 440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SNF Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SNF Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SNF Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 03/15/30(A) | 275 | 257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solstice Advanced Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solstice Advanced Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solstice Advanced Materials |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 09/30/33(A) | 600 | 605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/15/27(A) | 281 | 280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/15/29(A) | 550 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 08/15/32(A) | 250 | 253 |
| **Total Chemicals** |  | 26150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 03/31/31 | 750 | 759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 02/15/33 | 580 | 676 |
| **Total Chemicals, Plastics and Rubber** |  | 1435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coronado Finance Pty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coronado Finance Pty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coronado Finance Pty |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/01/29(A) | 1637 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mongolian Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mongolian Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mongolian Mining |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.440%, 04/03/30 | 1250 | 1264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 04/07/20(C) | 1101 | 2 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 4

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warrior Met Coal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warrior Met Coal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warrior Met Coal |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 12/01/28(A) | $1097 | $1118 |
| **Total Coal Mining** |  | 3901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Serv-Finance [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Serv-Finance [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Serv-Finance [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Block | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Block | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Block |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/15/30(A) | 114 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 09/30/32(A) | 870 | 826 |
| **Total Commercial Serv-Finance** |  | 942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Services [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Financial Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Financial Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Financial Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.125%, 06/15/29(A) | 588 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SD International Sukuk, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SD International Sukuk, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SD International Sukuk, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.300%, 05/09/22(C) | 13384 | 1 |
| **Total Commercial Services** |  | 597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication & Media [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication & Media [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication & Media [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Globo Comunicacao e Participacoes S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Globo Comunicacao e Participacoes S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Globo Comunicacao e Participacoes S |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/14/32(A) | 1709 | 1680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computers-Memory Devices [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computers-Memory Devices [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computers-Memory Devices [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 12/15/29(A) | 911 | 966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Construction Machinery [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Construction Machinery [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Construction Machinery [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 06/15/30(A) | 450 | 473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 06/15/33(A) | 475 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terex | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terex | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terex |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/29(A) | 805 | 802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/28 | 600 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/33(A) | 450 | 450 |
| **Total Construction Machinery** |  | 2830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Cyclical Services [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Cyclical Services [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Cyclical Services [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/01/29(A) | 600 | 594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 06/15/30(A) | 375 | 391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 02/15/31(A) | 1050 | 1106 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brink's | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brink's | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brink's |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/15/29(A) | $350 | $362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brink's | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brink's | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brink's |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 06/15/32(A) | 350 | 365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cars.com | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cars.com | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cars.com |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 11/01/28(A) | 500 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/01/29(A) | 400 | 392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 08/01/32(A) | 475 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 11/15/32(A) | 950 | 968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/27(A) | 725 | 727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/27(A) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/01/28(A) | 250 | 248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group Holdings II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group Holdings II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group Holdings II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/15/33(A) | 450 | 455 |
| **Total Consumer Cyclical Services** |  | 7591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acushnet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acushnet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acushnet |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/33(A) | 225 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000% PIK, 07/15/33(A) | 1375 | 1518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champ Acquisition | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champ Acquisition | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champ Acquisition |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 12/01/31(A) | 1207 | 1304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/28(A) | 725 | 726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/15/28(A) | 200 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/31/29(A) | 850 | 812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/15/33(A) | 850 | 815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/30 | 1598 | 1594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/15/33 | 650 | 630 |
| **Total Consumer Products** |  | 7825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers & Packaging [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers & Packaging [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers & Packaging [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 07/15/33(A) | 605 | 637 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 5

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Dialysis Centers [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Dialysis Centers [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Dialysis Centers [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 09/01/32(A) | $1105 | $1150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Distribution/Wholesale [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Distribution/Wholesale [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Distribution/Wholesale [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Windsor Holdings III | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Windsor Holdings III | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Windsor Holdings III |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 06/15/30(A) | 1000 | 1057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Manufacturing [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Manufacturing [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Manufacturing [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMRLD Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMRLD Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMRLD Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 12/15/30(A) | 1500 | 1564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enpro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enpro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enpro |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/01/33(A) | 125 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 07/01/29(A) | 400 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 06/15/28(A) | 800 | 812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/15/29(A) | 100 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/15/33(A) | 328 | 342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/15/32(A) | 150 | 157 |
| **Total Diversified Manufacturing** |  | 3522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANGI Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANGI Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANGI Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/28(A) | 1581 | 1460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric Utilities [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric Utilities [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric Utilities [0.9%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AES Andes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AES Andes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AES Andes |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.150%, H15T5Y + 3.835%, 06/10/55(A) (B) | 1540 | 1612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Electric | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Electric | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Electric |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/01/33(A) | 575 | 583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lightning Power | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lightning Power | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lightning Power |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 08/15/32(A) | 2218 | 2359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mong Duong Finance Holdings BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mong Duong Finance Holdings BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mong Duong Finance Holdings BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/07/29 | 2630 | 2603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saavi Energia Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saavi Energia Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saavi Energia Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 02/10/35(A) | 1920 | 2082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Star Energy Geothermal Wayang Windu | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Star Energy Geothermal Wayang Windu | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Star Energy Geothermal Wayang Windu |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/24/33 | 3596 | 3706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/01/34(A) | 585 | 597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/01/36(A) | 585 | 605 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, H15T5Y + 6.930%, 04/15/74(A) (B) | $1130 | $1158 |
| **Total Electric Utilities** |  | 15305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric-Distribution [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric-Distribution [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric-Distribution [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zorlu Enerji Elektrik Uretim | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zorlu Enerji Elektrik Uretim | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zorlu Enerji Elektrik Uretim |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.000%, 04/23/30 | 2100 | 1815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy & Power [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy & Power [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy & Power [0.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Luxembourg Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Luxembourg Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Luxembourg Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 02/12/31 | 4580 | 4780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 02/12/31(A) | 1900 | 1983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenko Wind Projects Mauritius | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenko Wind Projects Mauritius | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenko Wind Projects Mauritius |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 09/27/28(A) | 2960 | 2991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSU Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSU Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSU Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 12/05/30 | 478 | 462 |
| **Total Energy & Power** |  | 10216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/21/28 | 2100 | 2097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Melco Resorts Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 12/04/29 | 3850 | 3809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 03/15/32(A) | 545 | 558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Studio City Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Studio City Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Studio City Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/15/28 | 4000 | 4004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Parent |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 07/01/32(A) | 546 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Macau | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Macau | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Macau |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/26/28 | 900 | 898 |
| **Total Entertainment & Gaming** |  | 11945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Environmental [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Environmental [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Environmental [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/15/33(A) | 300 | 308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/01/28 | 500 | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 11/01/28 | 948 | 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 05/01/30 | 201 | 1 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 6

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iqera Group SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iqera Group SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iqera Group SAS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.564%, EUR003M + 4.500%, 04/30/30(B) | 735 | $390 |
| **Total Finance** |  | 1203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance Companies [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance Companies [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance Companies [0.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boost Newco Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boost Newco Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boost Newco Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/31(A) | 2165 | 2301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrossCountry Intermediate HoldCo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrossCountry Intermediate HoldCo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrossCountry Intermediate HoldCo |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/01/30(A) | 850 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrossCountry Intermediate HoldCo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrossCountry Intermediate HoldCo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CrossCountry Intermediate HoldCo |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 12/01/32(A) | 675 | 686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/27 | 750 | 751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 08/01/30(A) | 50 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 08/01/33(A) | 1280 | 1334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/01/29(A) | 350 | 338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 03/01/31(A) | 950 | 902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/33(A) | 1165 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/15/29(A) | 2953 | 2932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UWM Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UWM Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UWM Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 02/01/30(A) | 1550 | 1570 |
| **Total Finance Companies** |  | 12816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [2.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [2.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [2.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASG Finance DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASG Finance DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASG Finance DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 05/15/29(A) | 6040 | 5356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bread Financial Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bread Financial Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bread Financial Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/15/31(A) | 585 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burford Capital Global Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burford Capital Global Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burford Capital Global Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/15/33(A) | 620 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Inova Ventures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Inova Ventures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Inova Ventures |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/28/28(A) | 3748 | 3470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/28/29 | 2185 | 2289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 04/01/29(A) | 2135 | 2247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enova International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enova International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enova International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.250%, 12/15/28(A) | 1272 | 1345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enova International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enova International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enova International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.125%, 08/01/29(A) | 1170 | 1245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 02/01/29(A) | 754 | 788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 04/01/32(A) | 650 | 684 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 04/01/33(A) | $209 | $217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GGAM Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GGAM Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GGAM Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 02/15/27(A) | 1265 | 1294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;goeasy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;goeasy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;goeasy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 12/01/28(A) | 580 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;goeasy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;goeasy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;goeasy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 07/01/29(A) | 1515 | 1499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 08/15/28(A) | 1240 | 1194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 10/15/31(A) | 1485 | 1461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Capital Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Capital Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Capital Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 02/15/29(A) | 1115 | 1171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Capital Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Capital Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson Capital Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 05/15/30(A) | 1102 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muthoot Finance, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muthoot Finance, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muthoot Finance, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 03/02/30(A) | 2125 | 2159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 03/15/30 | 1080 | 1142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/15/32 | 450 | 462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 12/15/29(A) | 1085 | 1154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 02/15/33(A) | 565 | 590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Aviation Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Aviation Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Aviation Capital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 07/15/30(A) | 605 | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/29(A) | 1250 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 01/31/30(A) | 1052 | 1088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provident Funding Associates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provident Funding Associates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provident Funding Associates |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 09/15/29(A) | 1068 | 1127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 08/01/29(A) | 440 | 454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 02/01/32(A) | 287 | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sobha Sukuk | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sobha Sukuk | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sobha Sukuk |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 07/17/28 | 2778 | 2891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TrueNoord Capital DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TrueNoord Capital DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TrueNoord Capital DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 03/01/30(A) | 710 | 750 |
| **Total Financial Services** |  | 41156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/15/30(A) | 975 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri Lux FinCo SARL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri Lux FinCo SARL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri Lux FinCo SARL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 08/01/32(A) | 1325 | 1343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/01/29(A) | 925 | 906 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 7

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/15/32(A) |  | $50 | $52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/15/32(A) |  | 400 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 09/15/28(A) |  | 375 | 388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/15/29(A) |  | 475 | 472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/15/33(A) |  | 375 | 382 |
| **Total Food & Beverage** |  |  | 4962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage & Tobacco [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage & Tobacco [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage & Tobacco [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage & Tobacco [0.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Happiness H&H International Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Happiness H&H International Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Happiness H&H International Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Happiness H&H International Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.125%, 07/24/28 |  | 5580 | 5909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerva Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerva Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerva Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerva Luxembourg |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/18/31(A) |  | 2425 | 2254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simmons Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simmons Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simmons Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simmons Foods |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/01/29(A) |  | 855 | 824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turning Point Brands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turning Point Brands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turning Point Brands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turning Point Brands |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 03/15/32(A) |  | 1268 | 1349 |
| **Total Food, Beverage & Tobacco** |  |  | 10336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sammontana Italia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sammontana Italia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sammontana Italia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sammontana Italia |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.776%, EUR003M + 3.750%, 10/15/31(B) |  | 195 | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food-Flour and Grain [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food-Flour and Grain [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food-Flour and Grain [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food-Flour and Grain [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aragvi Finance International DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aragvi Finance International DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aragvi Finance International DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aragvi Finance International DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.125%, 11/20/29(A) |  | 3500 | 3487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.9%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affinity Interactive | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affinity Interactive | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affinity Interactive | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affinity Interactive |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 12/15/27(A) |  | 200 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 12/01/27 |  | 875 | 874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brightstar Lottery Holdings BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brightstar Lottery Holdings BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brightstar Lottery Holdings BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brightstar Lottery Holdings BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 03/15/30 |  | 430 | 514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 02/15/30(A) |  | 225 | 233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/15/32(A) |  | 425 | 435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/15/32(A) |  | 1275 | 1240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/01/30(A) |  | 150 | 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/01/31(A) |  | 1110 | 1151 |
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cirsa Finance International Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cirsa Finance International Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cirsa Finance International Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cirsa Finance International Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, EUR003M + 3.000%, 10/15/32(B) | EUR | $150 | $178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entain |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 11/30/31 | EUR | 430 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Treasury DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Treasury DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Treasury DAC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Treasury DAC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/04/31 | EUR | 100 | 117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 11/15/29(A) |  | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 09/01/31(A) |  | 925 | 965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/01/33(A) |  | 1070 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lottomatica Group Spa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lottomatica Group Spa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lottomatica Group Spa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lottomatica Group Spa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.311%, EUR003M + 3.250%, 06/01/31(B) | EUR | 200 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/15/29 |  | 550 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 04/15/32 |  | 750 | 773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midwest Gaming Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midwest Gaming Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midwest Gaming Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midwest Gaming Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/01/29(A) |  | 775 | 762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rivers Enterprise Lender | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rivers Enterprise Lender | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rivers Enterprise Lender | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rivers Enterprise Lender |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/15/30(A) |  | 475 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/28(A) |  | 2140 | 2122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Station Casinos |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/01/31(A) |  | 960 | 910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 02/15/31(A) |  | 475 | 514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 03/15/33(A) |  | 350 | 358 |
| **Total Gaming** |  |  | 14423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gold Mining [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gold Mining [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gold Mining [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gold Mining [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aris Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aris Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aris Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aris Mining |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 10/31/29(A) |  | 3870 | 4036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boroo Investments Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boroo Investments Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boroo Investments Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boroo Investments Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 08/07/32 |  | 2200 | 2178 |
| **Total Gold Mining** |  |  | 6214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Insurance [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centene |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/15/29 |  | 2420 | 2348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/15/33(A) |  | 425 | 433 |
| **Total Health Insurance** |  |  | 2781 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 8

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [0.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [0.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/15/29(A) |  | $750 | $744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 07/15/28(A) |  | 875 | 870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/29(A) |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/15/29(A) |  | 600 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/30(A) |  | 200 | 188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 01/15/34(A) |  | 350 | 368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concentra Health Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concentra Health Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concentra Health Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concentra Health Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 07/15/32(A) |  | 475 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insulet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insulet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insulet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insulet |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 04/01/33(A) |  | 963 | 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/15/26(A) |  | 1075 | 1075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 06/01/32(A) |  | 625 | 653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/01/29(A) |  | 525 | 543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 10/01/29(A) |  | 1900 | 1910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raven Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raven Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raven Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raven Acquisition Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 11/15/31(A) |  | 1025 | 1056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RAY Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RAY Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RAY Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RAY Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.776%, EUR003M + 3.750%, 07/15/31(B) |  | 400 | 473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select Medical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select Medical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select Medical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select Medical |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 12/01/32(A) |  | 800 | 782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 11/01/27 |  | 1225 | 1228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 10/01/28 |  | 403 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/15/31 |  | 450 | 468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 11/15/32(A) |  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/15/33(A) |  | 100 | 103 |
| **Total Healthcare** |  |  | 13404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortune Star BVI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortune Star BVI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortune Star BVI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortune Star BVI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 01/27/27 |  | 2200 | 2155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 07/31/26(A) |  | 938 | 945 |
| **Total Hotels and Motels** |  |  | 3100 |
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deuce Finco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deuce Finco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deuce Finco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deuce Finco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.551%, EUR003M + 3.500%, 11/20/32(B) | EUR | $100 | $119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Independent Energy [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Independent Energy [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Independent Energy [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Independent Energy [0.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United BR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United BR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United BR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United BR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 10/01/29(A) |  | 650 | 681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 02/01/29(A) |  | 159 | 161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 11/01/27(A) |  | 275 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 10/15/32(A) |  | 1008 | 1042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 07/15/33(A) |  | 400 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chord Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chord Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chord Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chord Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 10/01/30(A) |  | 2614 | 2643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 07/01/28(A) |  | 325 | 335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 11/01/30(A) |  | 350 | 367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 07/01/31(A) |  | 150 | 155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.625%, 06/15/33(A) |  | 125 | 135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 03/01/32(A) |  | 575 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/29(A) |  | 925 | 927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equities |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 04/01/29 |  | 275 | 285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 10/01/24(C) (D) |  | 575 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 03/15/30 |  | 300 | 304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 04/15/32(A) |  | 600 | 609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/15/33(A) |  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/01/33(A) |  | 175 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 01/15/29 |  | 500 | 510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/15/26 |  | 625 | 626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 08/01/32(A) |  | 100 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TGNR Intermediate Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TGNR Intermediate Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TGNR Intermediate Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TGNR Intermediate Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/15/29(A) |  | 725 | 718 |
| **Total Independent Energy** |  |  | 11240 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 9

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial - Other [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial - Other [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial - Other [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillenbrand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillenbrand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillenbrand |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 02/15/29 | $325 | $332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison IAQ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison IAQ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison IAQ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 06/30/29(A) | 1850 | 1839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPX FLOW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPX FLOW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPX FLOW |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 04/01/30(A) | 900 | 929 |
| **Total Industrial - Other** |  | 3100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howden UK Refinance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howden UK Refinance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howden UK Refinance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 02/15/31(A) | 500 | 515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howden UK Refinance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howden UK Refinance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howden UK Refinance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 02/15/32(A) | 2240 | 2312 |
| **Total Insurance** |  | 2827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance - P&C [1.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance - P&C [1.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance - P&C [1.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acrisure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acrisure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acrisure |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 11/06/30(A) | 1170 | 1218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/15/27(A) | 1080 | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 11/01/29(A) | 375 | 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 01/15/31(A) | 725 | 752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 10/01/32(A) | 350 | 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 02/15/29(A) | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/30/29(A) | 1475 | 1451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amynta Agency Borrower and Amynta Warranty Borrower Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amynta Agency Borrower and Amynta Warranty Borrower Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amynta Agency Borrower and Amynta Warranty Borrower Inc |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/15/33(A) | 825 | 838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Finco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Finco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Finco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 02/15/31(A) | 2855 | 2993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Group Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Group Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardonagh Group Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 02/15/32(A) | 2500 | 2598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 05/15/31(A) | 2370 | 2456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadstreet Partners Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadstreet Partners Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadstreet Partners Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/15/29(A) | 1575 | 1573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 12/01/29(A) | 1075 | 1075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 06/15/30(A) | 1450 | 1522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 01/31/32(A) | 1150 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 03/15/30(A) | 875 | 917 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 10/01/33(A) | $875 | $845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panther Escrow Issuer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panther Escrow Issuer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panther Escrow Issuer |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 06/01/31(A) | 2350 | 2435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 02/01/30(A) | 300 | 295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 08/01/32(A) | 3177 | 3246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/32(A) | 1600 | 1677 |
| **Total Insurance - P&C** |  | 29050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Content-Entmnt [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Content-Entmnt [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Content-Entmnt [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snap |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/01/33(A) | 1125 | 1166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 08/15/30(A) | 954 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaic Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaic Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaic Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/01/32(A) | 573 | 600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 06/15/31(A) | 1010 | 1058 |
| **Total Investment Bank/Broker-Dealer** |  | 2686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Companies [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Companies [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Companies [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hightower Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hightower Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hightower Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/15/29(A) | 1131 | 1126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/01/29(A) | 250 | 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 08/15/29(A) | 175 | 184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/15/30(A) | 100 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 08/01/32(A) | 475 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 06/15/31(A) | 200 | 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 02/15/33(A) | 225 | 232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 02/15/27(A) | 1385 | 1387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 01/15/31(A) | 150 | 149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 02/15/29(A) | 125 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 02/01/32(A) | 375 | 384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 09/15/33(A) | 175 | 175 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 10

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 03/15/28(A) | 200 | $206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 08/31/26(A) | 350 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 09/30/31(A) | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 03/15/32(A) | 275 | 285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/01/33(A) | 175 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 08/15/29(A) | 975 | 948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 05/15/31(A) | 500 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VOC Escrow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VOC Escrow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VOC Escrow |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/28(A) | 1130 | 1130 |
| **Total Leisure** |  | 7375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure and Rec/Games [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure and Rec/Games [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure and Rec/Games [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingpin Intermediate Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingpin Intermediate Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingpin Intermediate Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 10/15/32(A) | 630 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Lodging [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Lodging [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Lodging [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/01/29(A) | 375 | 364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 03/15/33(A) | 300 | 309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 09/15/33(A) | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/31/34(A) | 200 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHP Hotel Properties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHP Hotel Properties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHP Hotel Properties |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 07/15/28(A) | 150 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHP Hotel Properties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHP Hotel Properties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHP Hotel Properties |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 04/01/32(A) | 425 | 441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/15/33(A) | 125 | 130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/15/28(A) | 375 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XHR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XHR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XHR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 05/15/30(A) | 250 | 259 |
| **Total Lodging** |  | 2331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 06/30/28(A) | 2340 | 2304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manitowoc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manitowoc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manitowoc |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/01/31(A) | 1080 | 1163 |
| **Total Machinery** |  | 3467 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assemblin Caverion Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assemblin Caverion Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assemblin Caverion Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.526%, EUR003M + 3.500%, 07/01/31(B) | 700 | $831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CEME | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CEME | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CEME |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.519%, EUR003M + 4.500%, 09/30/31(B) | 256 | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King US Bidco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King US Bidco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King US Bidco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.311%, EUR003M + 3.250%, 12/01/32(B) | 200 | 237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quicktop Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quicktop Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quicktop Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.535%, EUR003M + 4.500%, 03/21/30(A) (B) | 100 | 120 |
| **Total Manufacturing/Machinery/Industrial** |  | 1488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Media | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Media | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Media |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 11/15/31(A) | 350 | 262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamar Media | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamar Media | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamar Media |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/15/29 | 575 | 574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 07/15/27(A) | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/15/30(A) | 750 | 732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/30(A) | 300 | 272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sinclair Television Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/31/32(A) | 175 | 138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stagwell Global | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stagwell Global | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stagwell Global |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 08/15/29(A) | 225 | 219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 08/15/28(A) | 250 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/29(A) | 225 | 216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 06/30/30(A) | 825 | 838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.375%, 08/01/32(A) | 250 | 269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/15/42 | 1215 | 858 |
| **Total Media Entertainment** |  | 4838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Products & Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Products & Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medical Products & Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.875%, 08/15/30(A) | 450 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.000%, 10/15/30(A) | 595 | 653 |
| **Total Medical Products & Services** |  | 1137 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 11

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Copper [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Copper [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Copper [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.375%, 03/01/29(A) | $1901 | $2002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 03/01/33(A) | 5990 | 6397 |
| **Total Metal-Copper** |  | 8399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Iron [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Iron [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal-Iron [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champion Iron Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champion Iron Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champion Iron Canada |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 07/15/32(A) | 610 | 647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 10/01/28(A) | 620 | 651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 11/01/27(A) | 490 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 05/01/30(A) | 205 | 213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samarco Mineracao | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samarco Mineracao | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samarco Mineracao |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500% PIK, 06/30/31 | 5223 | 5291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TMS International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TMS International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TMS International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/15/29(A) | 480 | 464 |
| **Total Metal-Iron** |  | 7767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals & Mining [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals & Mining [0.9%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals & Mining [0.9%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alcoa Nederland Holding BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alcoa Nederland Holding BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alcoa Nederland Holding BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 03/15/31(A) | 765 | 813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 10/01/30(A) | 660 | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.500%, 10/01/31(A) | 1015 | 1117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 03/01/34(A) | 175 | 178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Century Aluminum | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Century Aluminum | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Century Aluminum |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 08/01/32(A) | 195 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/01/29(A) | 650 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 11/01/29(A) | 125 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 03/01/31(A) | 200 | 192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 09/15/31(A) | 175 | 185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/15/32(A) | 1770 | 1814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 05/01/33(A) | 850 | 884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 01/15/34(A) | 200 | 209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/15/29(A) | 650 | 646 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanhoe Mines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanhoe Mines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanhoe Mines |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 01/23/30 | $2860 | $2951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 01/23/30(A) | 2180 | 2250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vedanta Resources Finance II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vedanta Resources Finance II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vedanta Resources Finance II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.475%, 07/24/30(A) | 1860 | 1901 |
| **Total Metals & Mining** |  | 14810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals and Mining [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals and Mining [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals and Mining [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celsa Opco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celsa Opco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celsa Opco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.569%, EUR003M + 5.500%, 12/15/30(B) | 250 | 296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celsa Opco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celsa Opco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celsa Opco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 12/15/30 | 100 | 122 |
| **Total Metals and Mining** |  | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Midstream [1.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Midstream [1.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Midstream [1.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 06/15/29(A) | 250 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/15/33(A) | 1575 | 1584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 07/01/34(A) | 350 | 353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Racer Midstream | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Racer Midstream | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Racer Midstream |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 07/15/29(A) | 475 | 496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Racer Midstream | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Racer Midstream | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Racer Midstream |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 07/15/32(A) | 200 | 212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Midstream Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Midstream Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Midstream Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/15/30(A) | 875 | 849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBR Land Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBR Land Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBR Land Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 12/01/30(A) | 466 | 477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 06/15/31(A) | 750 | 735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/15/28(A) | 825 | 828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northriver Midstream Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northriver Midstream Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northriver Midstream Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 07/15/32(A) | 850 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/15/33(A) | 600 | 633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 03/01/27 | 750 | 751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/31(A) | 375 | 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suburban Propane Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/15/35(A) | 400 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/15/34(A) | 1450 | 1449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 05/01/33(A) | 1075 | 1161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/15/34(A) | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/15/34(A) | 300 | 307 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 12

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 05/01/35(A) | $2130 | $2328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/15/36(A) | 1140 | 1168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WBI Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WBI Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WBI Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/15/30(A) | 250 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WBI Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WBI Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WBI Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/15/33(A) | 475 | 471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 04/01/30(A) | 250 | 267 |
| **Total Midstream** |  | 16325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Miscellaneous Manufacturing [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Miscellaneous Manufacturing [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Miscellaneous Manufacturing [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anolis Capital Markets PCC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anolis Capital Markets PCC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anolis Capital Markets PCC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 01/01/28(D) | 460 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Motion Pictures and Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Motion Pictures and Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Motion Pictures and Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.279%, 03/15/32 | 2084 | 1829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Ferrous Metals [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Ferrous Metals [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Ferrous Metals [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navoiyuran State Enterprise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navoiyuran State Enterprise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navoiyuran State Enterprise |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.700%, 07/02/30(A) | 3215 | 3241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil Field Services [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil Field Services [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil Field Services [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 09/01/32(A) | 850 | 877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 02/15/29(A) | 925 | 963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/01/33(A) | 150 | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Gas Services |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/01/35(A) | 300 | 308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/28(A) | 250 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.125%, 01/31/30(A) | 250 | 262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 08/15/31(A) | 225 | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 11/15/32(A) | 175 | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORO SG Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORO SG Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORO SG Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.000%, 12/20/26(C)(D) | 10572 | 211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precision Drilling | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precision Drilling | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precision Drilling |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 01/15/29(A) | 325 | 329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tidewater | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tidewater | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tidewater |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.125%, 07/15/30(A) | 1080 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Titan Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Titan Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Titan Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 02/01/28(A) | 993 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 03/15/29(A) | 1225 | 1268 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/01/33(A) | $125 | $127 |
| **Total Oil Field Services** |  | 7311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil-Field Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil-Field Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil-Field Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SESI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SESI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SESI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 09/30/30(A) | 1210 | 1191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARD Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARD Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARD Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500% PIK, 06/30/27(A) (C) | 767 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 12/01/30(A) | 350 | 379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/01/29(A) | 1175 | 1106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/30/31(A) | 200 | 205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/15/29 | 675 | 695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 01/15/30(A) | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 04/15/30(A) | 350 | 356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 04/15/32(A) | 125 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Americas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Americas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Americas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 06/01/33(A) | 725 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 04/15/30(A) | 375 | 374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 04/15/30(A) | 175 | 168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 02/15/31(A) | 550 | 573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 07/15/32(A) | 450 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 07/15/30(A) | 270 | 290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.250%, 01/15/31(A) | 475 | 515 |
| **Total Packaging** |  | 6131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/15/28(A) | 750 | 701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 07/15/27(A) | 300 | 299 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 13

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/15/28(A) | $300 | $291 |
| **Total Paper** |  | 1291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper & Related Products [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper & Related Products [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Paper & Related Products [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LD Celulose International GmbH | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LD Celulose International GmbH | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LD Celulose International GmbH |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.950%, 01/26/32(A) | 3720 | 3875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnera | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnera | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnera |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/15/29(A) | 280 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnera | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnera | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnera |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 11/15/31(A) | 830 | 815 |
| **Total Paper & Related Products** |  | 4949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Petroleum & Fuel Products [7.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Petroleum & Fuel Products [7.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Petroleum & Fuel Products [7.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Azule Energy Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Azule Energy Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Azule Energy Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 01/23/30 | 4100 | 4105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 06/15/29(A) | 1080 | 1130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cosan Overseas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cosan Overseas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cosan Overseas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 02/05/74 | 4103 | 4138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/02/31 | 7550 | 6763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 01/13/33 | 5142 | 5473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 01/19/36 | 1080 | 1111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 05/28/45 | 4500 | 3347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geopark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geopark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geopark |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/17/27 | 7780 | 7313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulfport Energy Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulfport Energy Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gulfport Energy Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 09/01/29(A) | 570 | 588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy I |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 11/01/33(A) | 2299 | 2348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 03/01/28 | 405 | 274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 10/01/31(A) | 6210 | 3509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leviathan Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leviathan Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leviathan Bond |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/30/27(A) | 4096 | 4120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 12/01/32(A) | 1775 | 1825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matador Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 04/15/28(A) | 1160 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Cypress Tree Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Cypress Tree Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Cypress Tree Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 05/19/30 | 1000 | 1053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Maple Tree Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Maple Tree Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medco Maple Tree Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.960%, 04/27/29(A) | 2800 | 2920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Noble Finance II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Noble Finance II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Noble Finance II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 04/15/30(A) | 1140 | 1184 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, \* (D) (E) | $3683 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro Negro Drilling Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/24/24(A) (C) | 23137 | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petrobras Global Finance BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petrobras Global Finance BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petrobras Global Finance BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/10/36 | 4100 | 4022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 10/27/20(C) | 10470 | 10575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos de Venezuela |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 05/17/35(C) | 8689 | 2237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos del Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos del Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos del Peru |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 06/19/47 | 3305 | 2101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 01/28/31 | 5730 | 5546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 02/07/33 | 2335 | 2704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petron | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petron | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petron |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.350%, H15T3Y + 6.325%, 03/22/74(B) | 2030 | 2079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pluspetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pluspetrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pluspetrol |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 05/18/31(A) | 4200 | 4169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prairie Acquiror | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prairie Acquiror | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prairie Acquiror |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 08/01/29(A) | 1075 | 1117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRIO Luxembourg Holding Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRIO Luxembourg Holding Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRIO Luxembourg Holding Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 10/15/30(A) | 2150 | 2091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raizen Fuels Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raizen Fuels Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raizen Fuels Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.450%, 03/05/34 | 2230 | 1824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raizen Fuels Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raizen Fuels Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raizen Fuels Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 03/05/54 | 2800 | 2135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 07/15/29(A) | 622 | 621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 07/15/38(A) | 1431 | 1557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seadrill Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seadrill Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seadrill Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 08/01/30(A) | 1095 | 1139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/15/29(A) | 670 | 693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Aquila | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Aquila | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean Aquila |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 09/30/28(A) | 803 | 822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 02/15/30(A) | 473 | 493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 04/15/31 | 740 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 05/15/31(A) | 480 | 475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 10/15/32(A) | 575 | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transocean International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.800%, 03/15/38 | 780 | 671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident Energy Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident Energy Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident Energy Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.500%, 11/30/29 | 1950 | 1979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vaca Muerta Oil Sur Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vaca Muerta Oil Sur Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vaca Muerta Oil Sur Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.335%, 07/08/30 | 1481 | 1481 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 14

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valaris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valaris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valaris |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 04/30/30(A) | $1140 | $1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 01/15/30(A) | 235 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 02/01/29(A) | 2143 | 2221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, H15T5Y + 5.440%, 03/30/74(A) (B) | 1005 | 794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global Plaquemines LNG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 12/15/30(A) | 1190 | 1212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy Argentina SAU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy Argentina SAU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy Argentina SAU |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 06/10/33(A) | 1280 | 1315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy Argentina SAU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy Argentina SAU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy Argentina SAU |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.625%, 12/10/35(A) | 1780 | 1779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 07/21/27 | 4610 | 4647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 01/17/31 | 7340 | 7834 |
| **Total Petroleum & Fuel Products** |  | 125470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261229 BC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261229 BC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261229 BC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.000%, 04/15/32(A) | 2395 | 2492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amneal Pharmaceuticals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amneal Pharmaceuticals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amneal Pharmaceuticals |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 08/01/32(A) | 350 | 369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/01/28(A) | 500 | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/29(A) | 225 | 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 05/30/29(A) | 425 | 342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dolcetto Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dolcetto Holdco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dolcetto Holdco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.725%, EUR003M + 3.625%, 07/14/32(B) | 100 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emergent BioSolutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emergent BioSolutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emergent BioSolutions |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/28(A) | 1145 | 1026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GENMAB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GENMAB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GENMAB |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 12/15/33(A) | 675 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/15/28(A) | 1625 | 1605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kepler | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kepler | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kepler |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.151%, EUR003M + 4.125%, 12/18/29(B) | 200 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neopharmed Gentili SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neopharmed Gentili SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neopharmed Gentili SPA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.276%, EUR003M + 4.250%, 04/08/30(B) | 400 | 477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opal Bidco SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opal Bidco SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opal Bidco SAS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 03/31/32(A) | 1460 | 1495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 04/30/28(A) | 605 | 589 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/30/31(A) | $375 | $311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/15/34(A) | 225 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 05/15/34(A) | 1000 | 814 |
| **Total Pharmaceuticals** |  | 11411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Precious Metals [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Precious Metals [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Precious Metals [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 02/15/28 | 184 | 185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing & Publishing [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing & Publishing [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing & Publishing [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cimpress | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cimpress | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cimpress |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 09/15/32(A) | 1165 | 1188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deluxe | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deluxe | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deluxe |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 09/15/29(A) | 520 | 548 |
| **Total Printing & Publishing** |  | 1736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Investment Trusts [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Investment Trusts [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Investment Trusts [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/15/29(A) | 660 | 638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty SR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty SR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty SR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 12/15/28(A) | 728 | 725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 12/01/29(A) | 590 | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brandywine Operating Partnership | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brandywine Operating Partnership | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brandywine Operating Partnership |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 01/15/31 | 1185 | 1152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Property REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Property REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Property REIT |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/15/26(A) | 1508 | 1501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Net Lease | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Net Lease | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Net Lease |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 12/15/27(A) | 535 | 521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 10/15/28(A) | 670 | 675 |
| **Total Real Estate Investment Trusts** |  | 5842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [0.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Country Garden Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Country Garden Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Country Garden Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 01/17/25(C) | 2600 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLP Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLP Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLP Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, 05/20/28 | 2100 | 2151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 08/01/28(A) | 1780 | 1787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pakuwon Jati | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pakuwon Jati | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pakuwon Jati |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 04/29/28 | 5600 | 5508 |
| **Total Real Estate Oper/Develop** |  | 9680 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 15

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Restaurants [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Restaurants [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Restaurants [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/29(A) | $225 | $231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 09/15/29(A) | 175 | 178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/15/30(A) | 2025 | 1928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KFC Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KFC Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KFC Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 06/01/27(A) | 975 | 973 |
| **Total Restaurants** |  | 3310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail [0.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 03/01/30 | 230 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 07/01/36 | 1245 | 1236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ferrellgas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ferrellgas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ferrellgas |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 01/15/31(A) | 595 | 613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fertitta Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fertitta Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fertitta Entertainment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/15/30(A) | 560 | 532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/01/30(A) | 1214 | 1219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/01/32(A) | 2490 | 2590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Future Retail | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Future Retail | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Future Retail |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 01/22/25(C) | 16200 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LBM Acquisition | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LBM Acquisition | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LBM Acquisition |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, 06/15/31(A) | 1020 | 1063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/15/31(A) | 1205 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 01/15/42 | 485 | 398 |
| **Total Retail** |  | 9036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Academy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Academy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Academy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/15/27(A) | 1690 | 1691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/29(A) | 600 | 590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/32(A) | 1900 | 1847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belron UK Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belron UK Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belron UK Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/15/29(A) | 200 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 10/01/29(A) | 225 | 213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gap |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 10/01/31(A) | 225 | 208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 01/15/30(A) | 980 | 1009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCM Investments Holdings II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCM Investments Holdings II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCM Investments Holdings II |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 08/01/31(A) | 800 | 846 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 10/01/30(A) | $475 | $477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sally Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sally Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sally Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/32 | 375 | 392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;William Carter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;William Carter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;William Carter |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/15/31(A) | 900 | 931 |
| **Total Retailers** |  | 8408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tunghsu Venus Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tunghsu Venus Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tunghsu Venus Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 06/12/20(C) | 4275 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emeria SASU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emeria SASU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emeria SASU |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 03/31/28 | 500 | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emeria SASU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emeria SASU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emeria SASU |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 03/31/28 | 350 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kapla Holding SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kapla Holding SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kapla Holding SAS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, EUR003M + 3.500%, 07/31/30(B) | 850 | 1010 |
| **Total Services** |  | 1900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Steel & Steel Works [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Steel & Steel Works [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Steel & Steel Works [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Islands XI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Islands XI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Islands XI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/28/28 | 800 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 04/08/32 | 865 | 680 |
| **Total Steel & Steel Works** |  | 1421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Supermarkets [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Supermarkets [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Supermarkets [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 02/15/28(A) | 500 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/15/28(A) | 200 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/31/31(A) | 175 | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 03/15/33(A) | 250 | 257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 03/31/34(A) | 675 | 678 |
| **Total Supermarkets** |  | 1818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [2.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [2.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [2.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 08/01/32(A) | 3315 | 3494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APLD ComputeCo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APLD ComputeCo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APLD ComputeCo |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 12/15/30(A) | 950 | 934 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 16

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/15/30(A) | 1450 | 1446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CACI International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CACI International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CACI International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 06/15/33(A) | 175 | 181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capstone Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capstone Borrower | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capstone Borrower |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 06/15/30(A) | 1150 | 1184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cipher Compute | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cipher Compute | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cipher Compute |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 11/15/30(A) | 475 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarivate Science Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarivate Science Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarivate Science Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 07/01/29(A) | 1425 | 1347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 03/31/29(A) | 3255 | 3298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 09/30/29(A) | 2220 | 2311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 06/30/32(A) | 575 | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 08/15/33(A) | 175 | 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/15/29(A) | 850 | 847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 10/15/28(A) | 850 | 853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreWeave | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreWeave | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreWeave |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 06/01/30(A) | 1430 | 1330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreWeave | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreWeave | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreWeave |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 02/01/31(A) | 250 | 229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elastic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elastic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elastic |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/15/29(A) | 775 | 751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/15/29(A) | 350 | 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 06/15/30(A) | 1175 | 1199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/28(A) | 250 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/15/33(A) | 1398 | 1436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Intermediate 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Intermediate 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Intermediate 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 06/01/31(A) | 800 | 834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gen Digital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gen Digital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gen Digital |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/01/33(A) | 250 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HealthEquity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HealthEquity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HealthEquity |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/01/29(A) | 1225 | 1204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insight Enterprises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insight Enterprises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insight Enterprises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 05/15/32(A) | 650 | 668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 02/15/29(A) | 1225 | 1258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kioxia Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kioxia Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kioxia Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 07/24/33(A) | 700 | 728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McAfee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McAfee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McAfee |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 02/15/30(A) | 2250 | 1962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Millennium Escrow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Millennium Escrow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Millennium Escrow |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 08/01/26(A) | 550 | 529 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Voyix | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Voyix | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Voyix |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 04/15/29(A) | 400 | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/28(A) | 1125 | 1104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Software | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Software | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Software |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/15/29(A) | 1650 | 1617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Science Applications International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Science Applications International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Science Applications International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 11/01/33(A) | 325 | 329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 07/15/30(A) | 125 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Data Storage Technology Pte |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.625%, 12/01/32(A) | 750 | 851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/15/29(A) | 371 | 362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 09/01/30(A) | 275 | 279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/15/32(A) | 2471 | 2551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 09/30/27(A) | 1375 | 1376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/01/32(A) | 175 | 182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synaptics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synaptics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synaptics |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/15/29(A) | 400 | 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TTM Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TTM Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TTM Technologies |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/29(A) | 100 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 02/01/31(A) | 1575 | 1619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 10/01/29(A) | 325 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VoltaGrid | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VoltaGrid | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VoltaGrid |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 11/01/30(A) | 525 | 520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WULF Compute | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WULF Compute | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WULF Compute |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 10/15/30(A) | 600 | 618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/01/32(A) | 200 | 207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZipRecruiter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZipRecruiter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZipRecruiter |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/30(A) | 1845 | 1449 |
| **Total Technology** |  | 44523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TeamSystem | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TeamSystem | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TeamSystem |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.276%, EUR003M + 3.250%, 07/01/32(B) | 300 | 354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eutelsat | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eutelsat | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eutelsat |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 10/13/28 | 300 | 337 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 17

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fibercop | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fibercop | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fibercop |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.026%, EUR003M + 3.000%, 06/30/31(B) | 300 | $355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise FinCo I BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise FinCo I BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise FinCo I BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 05/15/32 | 120 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Group BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.314%, EUR003M + 4.250%, 02/01/29(B) | 500 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.314%, EUR003M + 4.250%, 02/15/31(B) | 630 | 745 |
| **Total Telecommunications** |  | 2171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telephones & Telecommunications [2.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telephones & Telecommunications [2.8%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telephones & Telecommunications [2.8%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Africell Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Africell Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Africell Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.500%, 10/23/29(A) | 7540 | 7453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axian Telecom Holding & Management | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axian Telecom Holding & Management | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axian Telecom Holding & Management |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 07/11/30(A) | 5880 | 5923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C&W Senior Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C&W Senior Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C&W Senior Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 01/15/33 | 2950 | 3040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco SARL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco SARL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco SARL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 09/15/29(A) | 1110 | 1178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 03/01/23(A) (C) | 4800 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iliad Holding SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iliad Holding SAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iliad Holding SAS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.500%, 04/15/31(A) | 1225 | 1319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 03/31/34(A) | 1385 | 1427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Costa Rica Senior Secured Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Costa Rica Senior Secured Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Costa Rica Senior Secured Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.875%, 01/15/31(A) | 2400 | 2520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liquid Telecommunications Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liquid Telecommunications Financing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liquid Telecommunications Financing |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 09/04/26 | 2510 | 2286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sable International Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sable International Finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sable International Finance |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 10/15/32(A) | 700 | 708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telecom Argentina | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telecom Argentina | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telecom Argentina |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 07/18/26 | 2930 | 2931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telecom Argentina | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telecom Argentina | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telecom Argentina |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.250%, 05/28/33(A) | 2140 | 2236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefonica Celular del Paraguay | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefonica Celular del Paraguay | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefonica Celular del Paraguay |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.000%, 12/30/32(A) | 14300000 | 2210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkcell Iletisim Hizmetleri | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkcell Iletisim Hizmetleri | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkcell Iletisim Hizmetleri |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.450%, 01/24/30(A) | 4430 | 4657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veon Midco BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veon Midco BV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veon Midco BV |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 07/15/29 | 3550 | 3698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.000%, 07/15/29(A) | 1620 | 1687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veon Midco BV, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veon Midco BV, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veon Midco BV, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 11/25/27 | 1750 | 1659 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 04/15/32(A) | $800 | $834 |
| **Total Telephones & Telecommunications** |  | 45854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Textile-Products [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Textile-Products [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Textile-Products [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Legacy Pte. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Legacy Pte. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Legacy Pte. Ltd. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 03/27/24(C) (D) | 15640 | 313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Bloom Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Bloom Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Bloom Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 07/05/22(C) | 16500 | 8 |
| **Total Textile-Products** |  | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation Services [1.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation Services [1.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation Services [1.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adani International Container Terminal Pvt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adani International Container Terminal Pvt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adani International Container Terminal Pvt |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/16/31 | 4284 | 3949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danaos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danaos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danaos |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 10/15/32(A) | 610 | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mersin Uluslararasi Liman Isletmeciligi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mersin Uluslararasi Liman Isletmeciligi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mersin Uluslararasi Liman Isletmeciligi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 11/15/28(A) | 4160 | 4333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.750%, 11/15/29(A) | 220 | 187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.750%, 03/15/30(A) | 513 | 421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.125%, 07/15/30(A) | 975 | 809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stena International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stena International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stena International |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 01/15/31(A) | 750 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transnet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transnet | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transnet |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 02/06/28 | 3950 | 4171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viking Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viking Cruises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viking Cruises |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.125%, 07/15/31(A) | 3308 | 3542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Watco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Watco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Watco |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 08/01/32(A) | 500 | 523 |
| **Total Transportation Services** |  | 19330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGL Group ApS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGL Group ApS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGL Group ApS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.765%, EUR003M + 4.750%, 04/22/30(B) | 150 | 170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGL Group ApS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGL Group ApS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGL Group ApS |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.304%, EUR003M + 4.250%, 02/24/31(B) | 145 | 163 |
| **Total Transportation, Airlines & Distribution** |  | 333 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 18

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transport-Equip and Leasng [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transport-Equip and Leasng [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transport-Equip and Leasng [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transport-Equip and Leasng [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation Investors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation Investors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation Investors | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation Investors |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 12/01/30(A) |  | $1100 | $1170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utility - Electric [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utility - Electric [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utility - Electric [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utility - Electric [0.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/28(A) |  | 925 | 926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 03/15/28(A) |  | 325 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/01/33(A) |  | 550 | 561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 01/15/36(A) |  | 800 | 810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/15/34(A) |  | 125 | 126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 11/01/34(A) |  | 1785 | 1833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/31/28(A) |  | 1125 | 1124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/15/27(A) |  | 325 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 10/15/31(A) |  | 1820 | 1928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/15/27(A) |  | 450 | 445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.250%, 01/15/29(A) |  | 500 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 01/15/31(A) |  | 75 | 79 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 03/15/33(A) |  | 475 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLR Infrastructure Operating Partners |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 04/15/34(A) |  | 275 | 279 |
| **Total Utility - Electric** |  |  | 9773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Water [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Water [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Water [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Water [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegea Finance Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegea Finance Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegea Finance Sarl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegea Finance Sarl |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 05/20/29(A) |  | 698 | 703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Corporate Bonds** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($940619) |  |  | 853978 |
| **Collateralized Loan Obligations [19.0%]** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Agency Mortgage Backed Obligation [19.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Agency Mortgage Backed Obligation [19.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Agency Mortgage Backed Obligation [19.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-Agency Mortgage Backed Obligation [19.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.120%, EUR003M + 6.020%, 09/15/34(A) (B) | EUR | 2000 | 2296 |
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adagio IX EUR CLO DAC, Ser 2021-X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.120%, EUR003M + 6.020%, 09/15/34(B) | EUR | $1000 | $1148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital CLO 21, Ser 2025-21A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital CLO 21, Ser 2025-21A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital CLO 21, Ser 2025-21A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital CLO 21, Ser 2025-21A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.134%, TSFR3M + 6.250%, 10/20/34(A) (B) |  | 3000 | 2906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 2 DAC, Ser 2025-2X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 2 DAC, Ser 2025-2X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 2 DAC, Ser 2025-2X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 2 DAC, Ser 2025-2X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.997%, EUR003M + 6.000%, 03/30/38(B) | EUR | 1750 | 2036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 3 DAC, Ser 2024-3A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 3 DAC, Ser 2024-3A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 3 DAC, Ser 2024-3A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 3 DAC, Ser 2024-3A, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.499%, EUR003M + 8.490%, 10/15/38(A) (B) | EUR | 2000 | 2340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 8 DAC, Ser 2024-8A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 8 DAC, Ser 2024-8A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 8 DAC, Ser 2024-8A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital Europe CLO 8 DAC, Ser 2024-8A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.065%, EUR003M + 6.000%, 10/25/38(A) (B) | EUR | 1000 | 1180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXXII, Ser 2024-32A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXXII, Ser 2024-32A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXXII, Ser 2024-32A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXXII, Ser 2024-32A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.384%, TSFR3M + 5.500%, 01/20/33(A) (B) |  | 750 | 749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqueduct European CLO DAC, Ser 2024-7X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqueduct European CLO DAC, Ser 2024-7X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqueduct European CLO DAC, Ser 2024-7X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqueduct European CLO DAC, Ser 2024-7X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.510%, EUR003M + 8.410%, 08/15/37(B) | EUR | 2000 | 2269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO III DAC, Ser 2021-3X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO III DAC, Ser 2021-3X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO III DAC, Ser 2021-3X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO III DAC, Ser 2021-3X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.899%, EUR003M + 5.890%, 07/15/34(B) | EUR | 1250 | 1459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.799%, EUR003M + 5.790%, 04/15/34(B) | EUR | 1300 | 1504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO IX DAC, Ser 2021-9X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.299%, EUR003M + 8.290%, 04/15/34(B) | EUR | 1000 | 1141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO VII DAC, Ser 2024-7A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO VII DAC, Ser 2024-7A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO VII DAC, Ser 2024-7A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arbour CLO VII DAC, Ser 2024-7A, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.360%, EUR003M + 8.260%, 12/15/38(A) (B) | EUR | 1000 | 1132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARBOUR CLO VIII DAC, Ser 2021-8X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARBOUR CLO VIII DAC, Ser 2021-8X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARBOUR CLO VIII DAC, Ser 2021-8X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARBOUR CLO VIII DAC, Ser 2021-8X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.659%, EUR003M + 8.650%, 10/15/34(B) | EUR | 3500 | 3956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARES XLIV CLO, Ser 2025-44A, Cl DRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARES XLIV CLO, Ser 2025-44A, Cl DRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARES XLIV CLO, Ser 2025-44A, Cl DRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARES XLIV CLO, Ser 2025-44A, Cl DRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.155%, TSFR3M + 6.250%, 04/15/34(A) (B) |  | 3500 | 3482 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 19

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO III DAC, Ser 2024-3A, Cl ARR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO III DAC, Ser 2024-3A, Cl ARR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO III DAC, Ser 2024-3A, Cl ARR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armada Euro CLO III DAC, Ser 2024-3A, Cl ARR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.359%, EUR003M + 1.350%, 10/15/37(A) (B) | EUR | $14000 | $16456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avoca CLO XIV DAC, Ser 2025-14X, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avoca CLO XIV DAC, Ser 2025-14X, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avoca CLO XIV DAC, Ser 2025-14X, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avoca CLO XIV DAC, Ser 2025-14X, Cl FRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.192%, EUR003M + 8.220%, 07/15/39(B) | EUR | 1000 | 1169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avondale Park CLO DAC, Ser 2021-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avondale Park CLO DAC, Ser 2021-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avondale Park CLO DAC, Ser 2021-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avondale Park CLO DAC, Ser 2021-1X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.685%, EUR003M + 8.650%, 09/20/34(B) | EUR | 1000 | 1152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-2A, Cl ER3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-2A, Cl ER3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-2A, Cl ER3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-2A, Cl ER3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.782%, TSFR3M + 5.900%, 10/17/32(A) (B) |  | 1580 | 1548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-4A, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-4A, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-4A, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Ser 2025-4A, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.860%, TSFR3M + 7.000%, 04/23/35(A) (B) |  | 1140 | 1118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Euro CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Euro CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Euro CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Euro CLO DAC, Ser 2021-2X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.236%, EUR003M + 6.220%, 07/17/34(B) | EUR | 1000 | 1162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balboa Bay Loan Funding CLO, Ser 2021-2A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balboa Bay Loan Funding CLO, Ser 2021-2A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balboa Bay Loan Funding CLO, Ser 2021-2A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balboa Bay Loan Funding CLO, Ser 2021-2A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.746%, TSFR3M + 6.862%, 01/20/35(A) (B) |  | 1500 | 1468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2021-2X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.196%, EUR003M + 6.170%, 10/15/34(B) | EUR | 1374 | 1559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-1X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-1X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-1X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-1X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.925%, EUR003M + 6.860%, 07/25/35(B) | EUR | 2220 | 2600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-3X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-3X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-3X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barings Euro CLO DAC, Ser 2022-3X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.665%, EUR003M + 3.600%, 07/27/34(B) | EUR | 1000 | 1165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO III DAC, Ser 2021-3X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.134%, EUR003M + 6.130%, 07/19/35(B) | EUR | 3750 | 4390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VII DAC, Ser 2018-7X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VII DAC, Ser 2018-7X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VII DAC, Ser 2018-7X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VII DAC, Ser 2018-7X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.059%, EUR003M + 7.050%, 10/15/31(B) | EUR | 1000 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VIII DAC, Ser 2022-8X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VIII DAC, Ser 2022-8X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VIII DAC, Ser 2022-8X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackrock European CLO VIII DAC, Ser 2022-8X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.264%, EUR003M + 6.260%, 01/20/36(B) | EUR | 1350 | 1562 |
| Description |  | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bluemountain Euro CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bluemountain Euro CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bluemountain Euro CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bluemountain Euro CLO DAC, Ser 2021-2X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.109%, EUR003M + 3.100%, 10/15/35(B) | EUR | $1150 | $1339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2017 DAC, Ser 2017-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2017 DAC, Ser 2017-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2017 DAC, Ser 2017-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2017 DAC, Ser 2017-1X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.726%, EUR003M + 4.700%, 10/15/31(B) | EUR | 3500 | 3977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2019 DAC, Ser 2019-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2019 DAC, Ser 2019-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2019 DAC, Ser 2019-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2019 DAC, Ser 2019-1X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.645%, EUR003M + 5.630%, 07/22/32(B) | EUR | 3200 | 3747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2021 DAC, Ser 2021-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2021 DAC, Ser 2021-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2021 DAC, Ser 2021-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNPP AM Euro CLO 2021 DAC, Ser 2021-1X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.900%, EUR003M + 5.800%, 12/15/33(B) | EUR | 1020 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bosphorus CLO VI DAC, Ser 2021-6X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bosphorus CLO VI DAC, Ser 2021-6X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bosphorus CLO VI DAC, Ser 2021-6X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bosphorus CLO VI DAC, Ser 2021-6X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.847%, EUR003M + 5.800%, 05/25/34(B) | EUR | 2500 | 2771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO, Ser 2025-19A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO, Ser 2025-19A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO, Ser 2025-19A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO, Ser 2025-19A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.009%, EUR003M + 6.000%, 04/15/39(A) (B) | EUR | 2000 | 2341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XII DAC, Ser 2021-12X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XII DAC, Ser 2021-12X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XII DAC, Ser 2021-12X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XII DAC, Ser 2021-12X, Cl AR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.999%, EUR003M + 0.990%, 07/15/34(B) | EUR | 3400 | 3987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIII DAC, Ser 2021-13X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIII DAC, Ser 2021-13X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIII DAC, Ser 2021-13X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIII DAC, Ser 2021-13X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.124%, EUR003M + 6.120%, 10/20/33(B) | EUR | 1000 | 1165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIV DAC, Ser 2021-14X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIV DAC, Ser 2021-14X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIV DAC, Ser 2021-14X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cairn CLO XIV DAC, Ser 2021-14X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.182%, EUR003M + 6.110%, 10/29/34(B) | EUR | 1000 | 1169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2021-2A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2021-2A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2021-2A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2021-2A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.866%, TSFR3M + 6.962%, 04/15/34(A) (B) |  | 1000 | 963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2022-1A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2022-1A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2022-1A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon Capital CLO, Ser 2022-1A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.294%, TSFR3M + 6.400%, 04/15/35(A) (B) |  | 1150 | 1113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon CLO, Ser 2025-2A, Cl ER2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon CLO, Ser 2025-2A, Cl ER2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon CLO, Ser 2025-2A, Cl ER2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyon CLO, Ser 2025-2A, Cl ER2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.655%, TSFR3M + 5.750%, 10/15/34(A) (B) |  | 1000 | 963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2019-1X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2019-1X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2019-1X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2019-1X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.220%, EUR003M + 6.120%, 03/15/32(B) | EUR | 1000 | 1169 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 20

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2021-1X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2021-1X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2021-1X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.479%, EUR003M + 6.470%, 07/15/34(B) | 1650 | $1904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2021-2X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.069%, EUR003M + 6.060%, 01/15/34(B) | 1033 | 1191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl C |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.564%, EUR003M + 3.500%, 02/15/35(B) | 1350 | 1565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Euro CLO DAC, Ser 2022-3X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.524%, EUR003M + 6.460%, 02/15/35(B) | 2700 | 3103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-3X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-3X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-3X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.645%, EUR003M + 4.580%, 01/25/32(B) | 2400 | 2797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2022-2X, Cl DRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2022-2X, Cl DRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies Euro CLO DAC, Ser 2022-2X, Cl DRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.648%, EUR003M + 6.650%, 11/10/35(B) | 1450 | 1666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clonmore Park CLO DAC, Ser 2024-1X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clonmore Park CLO DAC, Ser 2024-1X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clonmore Park CLO DAC, Ser 2024-1X, Cl AR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.566%, EUR003M + 1.500%, 08/21/35(B) | 2000 | 2350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clonmore Park CLO DAC, Ser 2024-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clonmore Park CLO DAC, Ser 2024-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clonmore Park CLO DAC, Ser 2024-1X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.246%, EUR003M + 8.180%, 08/21/35(B) | 2240 | 2636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contego CLO VII DAC, Ser 2025-7A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contego CLO VII DAC, Ser 2025-7A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contego CLO VII DAC, Ser 2025-7A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.998%, EUR003M + 5.960%, 01/23/38(A) (B) | 1300 | 1512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQS US CLO, Ser 2021-1A, Cl DJ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQS US CLO, Ser 2021-1A, Cl DJ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQS US CLO, Ser 2021-1A, Cl DJ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.126%, TSFR3M + 5.242%, 01/20/35(A) (B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Point CLO 10, Ser 2021-10A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Point CLO 10, Ser 2021-10A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Point CLO 10, Ser 2021-10A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.996%, TSFR3M + 7.112%, 07/20/34(A) (B) | 3500 | 3404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund IV DAC, Ser 2021-4X, Cl FRRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund IV DAC, Ser 2021-4X, Cl FRRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund IV DAC, Ser 2021-4X, Cl FRRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.114%, EUR003M + 8.060%, 02/22/34(B) | 615 | 710 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XVI DAC, Ser 2019-16X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XVI DAC, Ser 2019-16X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XVI DAC, Ser 2019-16X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.772%, EUR003M + 6.700%, 06/17/32(B) | 1000 | $1172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XX DAC, Ser 2021-20X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XX DAC, Ser 2021-20X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XX DAC, Ser 2021-20X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.645%, EUR003M + 5.610%, 06/22/34(B) | 1000 | 1161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXI DAC, Ser 2021-21X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXI DAC, Ser 2021-21X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXI DAC, Ser 2021-21X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.735%, EUR003M + 8.700%, 09/22/34(B) | 1300 | 1514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXII DAC, Ser 2021-22X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXII DAC, Ser 2021-22X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVC Cordatus Loan Fund XXII DAC, Ser 2021-22X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.880%, EUR003M + 8.780%, 12/15/34(B) | 1700 | 1988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diameter Capital CLO 2, Ser 2024-2A, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diameter Capital CLO 2, Ser 2024-2A, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diameter Capital CLO 2, Ser 2024-2A, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.055%, TSFR3M + 6.150%, 10/15/37(A) (B) | 2200 | 2225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRYDEN 35 EURO CLO BV, Ser 2020-35X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRYDEN 35 EURO CLO BV, Ser 2020-35X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRYDEN 35 EURO CLO BV, Ser 2020-35X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.346%, EUR003M + 6.330%, 01/17/33(B) | 4200 | 4895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 69 Euro CLO 2018 DAC, Ser 2021-69X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 69 Euro CLO 2018 DAC, Ser 2021-69X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 69 Euro CLO 2018 DAC, Ser 2021-69X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.374%, EUR003M + 6.370%, 10/18/34(B) | 4700 | 5437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 88 Euro CLO 2020 DAC, Ser 2021-88X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 88 Euro CLO 2020 DAC, Ser 2021-88X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 88 Euro CLO 2020 DAC, Ser 2021-88X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.014%, EUR003M + 6.010%, 07/20/34(B) | 1700 | 1872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 89 Euro CLO 2020 DAC, Ser 2021-89X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 89 Euro CLO 2020 DAC, Ser 2021-89X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 89 Euro CLO 2020 DAC, Ser 2021-89X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.164%, EUR003M + 6.160%, 10/18/34(B) | 1500 | 1743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 91 Euro CLO 2021 DAC, Ser 2024-91X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 91 Euro CLO 2021 DAC, Ser 2024-91X, Cl AR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden 91 Euro CLO 2021 DAC, Ser 2024-91X, Cl AR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.324%, EUR003M + 1.320%, 01/18/38(B) | 6000 | 7025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dunedin Park CLO DAC, Ser 2021-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dunedin Park CLO DAC, Ser 2021-1X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dunedin Park CLO DAC, Ser 2021-1X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.981%, EUR003M + 8.930%, 11/20/34(B) | 3500 | 4022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy III CLO DAC, Ser 2021-3X, Cl FRRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy III CLO DAC, Ser 2021-3X, Cl FRRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy III CLO DAC, Ser 2021-3X, Cl FRRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.046%, EUR003M + 7.980%, 04/24/34(B) | 500 | 576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy V CLO DAC, Ser 2021-5X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy V CLO DAC, Ser 2021-5X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euro-Galaxy V CLO DAC, Ser 2021-5X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.884%, EUR003M + 5.820%, 02/15/34(B) | 2350 | 2694 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 21

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2024-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2024-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2024-1A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.009%, EUR003M + 6.000%, 01/15/38(A) (B) | 1000 | $1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2025-1A, Cl ARR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2025-1A, Cl ARR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Grand Harbour CLO DAC, Ser 2025-1A, Cl ARR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.329%, EUR003M + 1.320%, 10/15/39(A) (B) | 4000 | 4701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HalseyPoint CLO 4, Ser 2021-4A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HalseyPoint CLO 4, Ser 2021-4A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HalseyPoint CLO 4, Ser 2021-4A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.856%, TSFR3M + 6.972%, 04/20/34(A) (B) | 4000 | 3879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXII DAC, Ser 2019-22X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXII DAC, Ser 2019-22X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXII DAC, Ser 2019-22X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.119%, EUR003M + 6.110%, 01/15/32(B) | 1500 | 1740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXIII DAC, Ser 2020-23X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXIII DAC, Ser 2020-23X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest CLO XXIII DAC, Ser 2020-23X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.314%, EUR003M + 8.310%, 10/20/32(B) | 2290 | 2676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO III DAC, Ser 2021-3X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.359%, EUR003M + 6.350%, 01/15/35(B) | 1500 | 1735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO III DAC, Ser 2021-3X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO III DAC, Ser 2021-3X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO III DAC, Ser 2021-3X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.889%, EUR003M + 8.880%, 01/15/35(B) | 1600 | 1802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO IV DAC, Ser 2021-4X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO IV DAC, Ser 2021-4X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO IV DAC, Ser 2021-4X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.459%, EUR003M + 3.450%, 10/15/34(B) | 2255 | 2637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VII DAC, Ser 2021-7X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VII DAC, Ser 2021-7X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VII DAC, Ser 2021-7X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.309%, EUR003M + 3.300%, 04/15/34(B) | 4729 | 5519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VIII DAC, Ser 2021-8X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VIII DAC, Ser 2021-8X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin Emerald CLO VIII DAC, Ser 2021-8X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.516%, EUR003M + 3.500%, 01/17/35(B) | 1550 | 1810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin US XV, Ser 2024-15A, Cl A1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin US XV, Ser 2024-15A, Cl A1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hayfin US XV, Ser 2024-15A, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.499%, TSFR3M + 1.640%, 04/28/37(A) (B) | 1500 | 1502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henley CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henley CLO III DAC, Ser 2021-3X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Henley CLO III DAC, Ser 2021-3X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.355%, EUR003M + 6.290%, 12/25/35(B) | 1050 | 1232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.469%, EUR003M + 6.460%, 10/15/34(B) | 2000 | 2320 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2021-1X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.829%, EUR003M + 8.820%, 10/15/34(B) | 1000 | $934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2024-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2024-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICG Euro CLO DAC, Ser 2024-1A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.294%, EUR003M + 6.230%, 02/15/38(A) (B) | 2000 | 2328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamestown CLO XVII, Ser 2021-17A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamestown CLO XVII, Ser 2021-17A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamestown CLO XVII, Ser 2021-17A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.210%, TSFR3M + 7.352%, 01/25/35(A) (B) | 4000 | 3913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Logiclane I CLO DAC, Ser 2022-1X, Cl A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Logiclane I CLO DAC, Ser 2022-1X, Cl A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Logiclane I CLO DAC, Ser 2022-1X, Cl A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.979%, EUR003M + 0.970%, 03/15/35(B) | 5000 | 5851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XII DAC, Ser 2018-12X, Cl EN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XII DAC, Ser 2018-12X, Cl EN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XII DAC, Ser 2018-12X, Cl EN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.226%, EUR003M + 5.200%, 10/15/31(B) | 151 | 175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XIV DAC, Ser 2021-14X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XIV DAC, Ser 2021-14X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XIV DAC, Ser 2021-14X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.846%, EUR003M + 8.820%, 07/15/32(B) | 1770 | 2070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XVI DAC, Ser 2021-16X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XVI DAC, Ser 2021-16X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Euro Funding XVI DAC, Ser 2021-16X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.046%, EUR003M + 6.020%, 05/25/34(B) | 1000 | 1174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XXVIII, Ser 2024-28A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XXVIII, Ser 2024-28A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XXVIII, Ser 2024-28A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.255%, TSFR3M + 6.350%, 01/15/38(A) (B) | 4000 | 3903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnetite XXII, Ser 2024-22A, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnetite XXII, Ser 2024-22A, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnetite XXII, Ser 2024-22A, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.515%, TSFR3M + 7.610%, 07/15/36(A) (B) | 2000 | 1881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milford Park CLO, Ser 2025-1A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milford Park CLO, Ser 2025-1A, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milford Park CLO, Ser 2025-1A, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.134%, TSFR3M + 7.250%, 01/20/38(A) (B) | 1000 | 890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mountain View Clo XV, Ser 2024-2A, Cl A1R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mountain View Clo XV, Ser 2024-2A, Cl A1R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mountain View Clo XV, Ser 2024-2A, Cl A1R |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.575%, TSFR3M + 1.670%, 07/15/37(A) (B) | 4500 | 4510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Westerly V Leveraged Loan Strategies CLO DAC, Ser 2021-X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Westerly V Leveraged Loan Strategies CLO DAC, Ser 2021-X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Westerly V Leveraged Loan Strategies CLO DAC, Ser 2021-X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.904%, EUR003M + 7.900%, 07/20/34(B) | 2000 | 2258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 25, Ser 2021-25A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 25, Ser 2021-25A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwoods Capital 25, Ser 2021-25A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.286%, TSFR3M + 7.402%, 07/20/34(A) (B) | 4950 | 4886 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 22

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.610%, EUR003M + 3.600%, 01/21/35(B) | 1350 | $1592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.380%, EUR003M + 6.370%, 01/21/35(B) | 1000 | 1171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Obra CLO 1, Ser 2024-1A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Obra CLO 1, Ser 2024-1A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Obra CLO 1, Ser 2024-1A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.634%, TSFR3M + 6.750%, 01/20/38(A) (B) | 1250 | 1267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails Clo X, Ser 2021-10A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails Clo X, Ser 2021-10A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ocean Trails Clo X, Ser 2021-10A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.736%, TSFR3M + 7.832%, 10/15/34(A) (B) | 1250 | 1240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP Euro CLO DAC, Ser 2025-4X, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP Euro CLO DAC, Ser 2025-4X, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP Euro CLO DAC, Ser 2025-4X, Cl FRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.690%, EUR003M + 8.620%, 10/20/39(B) | 1930 | 2259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ser 2024-3A, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ser 2024-3A, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ser 2024-3A, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.805%, TSFR3M + 5.900%, 04/15/31(A) (B) | 1600 | 1609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Blue CLO, Ser 2024-1A, Cl A1R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Blue CLO, Ser 2024-1A, Cl A1R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Blue CLO, Ser 2024-1A, Cl A1R |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.304%, TSFR3M + 1.420%, 10/20/37(A) (B) | 7460 | 7468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak Clo 4, Ser 2021-4A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak Clo 4, Ser 2021-4A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak Clo 4, Ser 2021-4A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.776%, TSFR3M + 6.872%, 07/15/34(A) (B) | 1500 | 1480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 5, Ser 2024-5A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 5, Ser 2024-5A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 5, Ser 2024-5A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.784%, TSFR3M + 6.900%, 10/20/37(A) (B) | 1000 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 6, Ser 2025-6A, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 6, Ser 2025-6A, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 6, Ser 2025-6A, Cl FRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.275%, TSFR3M + 7.400%, 05/18/34(A) (B) | 1000 | 956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl D |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.516%, EUR003M + 3.450%, 01/24/35(B) | 1350 | 1587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.286%, EUR003M + 6.220%, 01/24/35(B) | 2500 | 2945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.966%, EUR003M + 8.900%, 01/24/35(B) | 1000 | 1176 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sandstone Peak III, Ser 2024-1A, Cl A1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sandstone Peak III, Ser 2024-1A, Cl A1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sandstone Peak III, Ser 2024-1A, Cl A1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.488%, TSFR3M + 1.630%, 04/25/37(A) (B) | $10000 | $10019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor CLO XXVII, Ser 2025-27A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor CLO XXVII, Ser 2025-27A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor CLO XXVII, Ser 2025-27A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.134%, TSFR3M + 6.250%, 07/20/34(A) (B) | 1000 | 976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor CLO XXVIII, Ser 2025-28A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor CLO XXVIII, Ser 2025-28A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor CLO XXVIII, Ser 2025-28A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.184%, TSFR3M + 6.300%, 01/20/35(A) (B) | 2000 | 1955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO II DAC, Ser 2021-2X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO II DAC, Ser 2021-2X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO II DAC, Ser 2021-2X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.609%, EUR003M + 3.600%, 04/15/34(B) | 1000 | 1173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO II DAC, Ser 2021-2X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO II DAC, Ser 2021-2X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO II DAC, Ser 2021-2X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.899%, EUR003M + 5.890%, 04/15/34(B) | 1100 | 1284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VI DAC, Ser 2021-6X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VI DAC, Ser 2021-6X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VI DAC, Ser 2021-6X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.409%, EUR003M + 3.400%, 10/15/34(B) | 1350 | 1584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VIII DAC, Ser 2021-8X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VIII DAC, Ser 2021-8X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sculptor European CLO VIII DAC, Ser 2021-8X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.186%, EUR003M + 6.170%, 07/17/34(B) | 1000 | 1170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO IX DAC, Ser 2022-9X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO IX DAC, Ser 2022-9X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO IX DAC, Ser 2022-9X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.154%, EUR003M + 7.150%, 07/20/35(B) | 1000 | 1164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VI DAC, Ser 2021-6X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VI DAC, Ser 2021-6X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VI DAC, Ser 2021-6X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.351%, EUR003M + 6.300%, 05/20/34(B) | 1000 | 1166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VII DAC, Ser 2021-7X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VII DAC, Ser 2021-7X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VII DAC, Ser 2021-7X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.124%, EUR003M + 6.120%, 07/18/34(B) | 4000 | 4379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VIII DAC, Ser 2017-8X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VIII DAC, Ser 2017-8X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO VIII DAC, Ser 2017-8X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.616%, EUR003M + 4.600%, 07/17/30(B) | 2800 | 3266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl DR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl DR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.765%, EUR003M + 3.750%, 04/22/35(B) | 250 | 293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO X DAC, Ser 2021-10X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, EUR003M + 6.360%, 04/22/35(B) | 2360 | 2721 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 23

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO XII DAC, Ser 2020-12X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO XII DAC, Ser 2020-12X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Paul's CLO XII DAC, Ser 2020-12X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.329%, EUR003M + 5.320%, 04/15/33(B) | 1710 | 1894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sycamore Tree CLO, Ser 2024-3A, Cl A1R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sycamore Tree CLO, Ser 2024-3A, Cl A1R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sycamore Tree CLO, Ser 2024-3A, Cl A1R |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.534%, TSFR3M + 1.650%, 04/20/37(A) (B) | 7500 | 7510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallman Park CLO, Ser 2025-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallman Park CLO, Ser 2025-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallman Park CLO, Ser 2025-1A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.884%, TSFR3M + 6.000%, 07/20/38(A) (B) | 2000 | 1974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO II BV, Ser 2021-2X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO II BV, Ser 2021-2X, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO II BV, Ser 2021-2X, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, EUR003M + 6.320%, 09/07/35(B) | 1000 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO IV DAC, Ser 2025-4X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO IV DAC, Ser 2025-4X, Cl FR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO IV DAC, Ser 2025-4X, Cl FR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.387%, EUR003M + 8.340%, 10/15/39(B) | 1000 | 1150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO VI DAC, Ser 2021-6X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO VI DAC, Ser 2021-6X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tikehau CLO VI DAC, Ser 2021-6X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.329%, EUR003M + 6.320%, 01/15/35(B) | 1100 | 1273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 2 DAC, Ser 2021-2X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 2 DAC, Ser 2021-2X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 2 DAC, Ser 2021-2X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.535%, EUR003M + 6.470%, 07/25/34(B) | 1000 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 3 DAC, Ser 2021-3X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 3 DAC, Ser 2021-3X, Cl ERR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 3 DAC, Ser 2021-3X, Cl ERR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.326%, EUR003M + 6.300%, 07/15/34(B) | 1500 | 1695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 7 DAC, Ser 2020-7X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 7 DAC, Ser 2020-7X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toro European CLO 7 DAC, Ser 2020-7X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.224%, EUR003M + 7.160%, 02/15/34(B) | 2634 | 3079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trestles CLO, Ser 2024-1A, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trestles CLO, Ser 2024-1A, Cl FRR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trestles CLO, Ser 2024-1A, Cl FRR |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.608%, TSFR3M + 7.750%, 07/25/37(A) (B) | 1400 | 1385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trestles CLO VIII, Ser 2025-8A, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trestles CLO VIII, Ser 2025-8A, Cl F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trestles CLO VIII, Ser 2025-8A, Cl F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.237%, TSFR3M + 7.940%, 06/11/35(A) (B) | 4000 | 3985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2021-3A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2021-3A, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2021-3A, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.516%, TSFR3M + 7.632%, 01/18/35(A) (B) | 2000 | 1982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2024-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2024-1A, Cl ER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimaran Cavu, Ser 2024-1A, Cl ER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.777%, TSFR3M + 6.920%, 10/22/37(A) (B) | 3000 | 3020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.884%, TSFR3M + 6.000%, 01/20/37(A) (B) | 3060 | 2980 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Euro CLO V DAC, Ser 2021-5X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Euro CLO V DAC, Ser 2021-5X, Cl E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Euro CLO V DAC, Ser 2021-5X, Cl E |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.819%, EUR003M + 5.810%, 04/15/35(B) | 3600 | 4213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Collateralized Loan Obligations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($298025) |  | 312320 |
| **Loan Participations [16.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace and Defense [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace and Defense [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace and Defense [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cobham Ultra SeniorCo S.a r.l., Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cobham Ultra SeniorCo S.a r.l., Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cobham Ultra SeniorCo S.a r.l., Facility B (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.370%, CME Term SOFR + 3.750%, 08/03/29(B) | 1141 | 1144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 Trinity Bidco, Inc., Initial Term Loans, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 Trinity Bidco, Inc., Initial Term Loans, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 Trinity Bidco, Inc., Initial Term Loans, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.230%, CME Term SOFR + 2.500%, 06/14/30(B) | 901 | 903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., New Tranche K Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., New Tranche K Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., New Tranche K Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 03/22/30(B) | 921 | 923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., Tranche L Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., Tranche L Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Inc., Tranche L Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 01/19/32(B) | 1032 | 1036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Aerospace Services LLC, 2024 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Aerospace Services LLC, 2024 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Aerospace Services LLC, 2024 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 12/06/30(B) | 744 | 748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Aerospace and Defense** |  | 4754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automobile [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automobile [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automobile [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CWGS Group, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CWGS Group, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CWGS Group, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.331%, CME Term SOFR + 2.500%, 06/03/28(B) | 448 | 437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Automotive [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP, Amendment No. 5 Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP, Amendment No. 5 Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP, Amendment No. 5 Euro Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.901%, Euribor + 3.000%, 07/16/31(B) | 1177 | 1393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banking [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banking [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banking [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexus Buyer LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexus Buyer LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexus Buyer LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, CME Term SOFR + 3.500%, 07/31/31(B) | 1285 | 1266 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 24

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Beverage, Food and Tobacco [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Beverage, Food and Tobacco [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Beverage, Food and Tobacco [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aspire Bakeries Holdings LLC, Second Amendment Refinancing Term Loan Retired 01/02/2026, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aspire Bakeries Holdings LLC, Second Amendment Refinancing Term Loan Retired 01/02/2026, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aspire Bakeries Holdings LLC, Second Amendment Refinancing Term Loan Retired 01/02/2026, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.221%, CME Term SOFR + 3.500%, 12/23/30(B) | $502 | $504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited, Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited, Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited, Facility B6, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.122%, CME Term SOFR + 2.250%, 09/30/32 | 455 | 455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State Foods LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State Foods LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State Foods LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.672%, CME Term SOFR + 4.000%, 12/04/31(B) | 365 | 367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PFI Lower Midco, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PFI Lower Midco, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PFI Lower Midco, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.873%, CME Term SOFR + 4.000%, 12/01/32 | 320 | 322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red SPV, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red SPV, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red SPV, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.984%, CME Term SOFR + 2.250%, 03/15/32(B) | 468 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savor Acquisition, Inc., Delayed Draw Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savor Acquisition, Inc., Delayed Draw Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savor Acquisition, Inc., Delayed Draw Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, UNFND + 3.000%, 02/19/32(B) | 44 | 44 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savor Acquisition, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savor Acquisition, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savor Acquisition, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.840%, CME Term SOFR + 3.000%, 02/19/32(B) | 465 | 466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sazerac Company, Inc., Incremental Term B-1 Loan Retired 01/12/2026, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sazerac Company, Inc., Incremental Term B-1 Loan Retired 01/12/2026, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sazerac Company, Inc., Incremental Term B-1 Loan Retired 01/12/2026, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.280%, CME Term SOFR + 2.500%, 07/09/32(B) | 354 | 355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Beverage, Food and Tobacco** |  | 2980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting and Entertainment [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting and Entertainment [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting and Entertainment [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allen Media, LLC, Initial Term Loan (2021), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allen Media, LLC, Initial Term Loan (2021), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allen Media, LLC, Initial Term Loan (2021), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.322%, CME Term SOFR + 5.500%, 02/10/27(B) | 627 | 437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing S.A., 2022 Refinancing Dollar Commitments, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing S.A., 2022 Refinancing Dollar Commitments, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing S.A., 2022 Refinancing Dollar Commitments, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.905%, CME Term SOFR + 5.000%, 10/31/27(B) | 609 | 449 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogeco Communications Finance (USA), LP, Term B-1 Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogeco Communications Finance (USA), LP, Term B-1 Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogeco Communications Finance (USA), LP, Term B-1 Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, CME Term SOFR + 3.250%, 09/18/30(B) | $469 | $452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Financing, LLC, 2024 Refinancing Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Financing, LLC, 2024 Refinancing Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Financing, LLC, 2024 Refinancing Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.352%, CME Term SOFR + 5.250%, 08/02/29(B) | 466 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Inc., Term B-5 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Inc., Term B-5 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Inc., Term B-5 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 06/28/32(B) | 364 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications Inc., 2024 Replacement Converted First-Lien Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications Inc., 2024 Replacement Converted First-Lien Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications Inc., 2024 Replacement Converted First-Lien Term Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.331%, 06/04/29(B) | 740 | 737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Q, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Q, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Q, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.115%, CME Term SOFR + 3.250%, 01/31/29(B) | 825 | 826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Y, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Y, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, Facility Y, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.052%, CME Term SOFR + 3.175%, 03/31/31(B) | 200 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Broadcasting and Entertainment** |  | 3932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Buildings and Real Estate [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Buildings and Real Estate [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Buildings and Real Estate [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 09/29/31(B) | 786 | 787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.986%, CME Term SOFR + 3.250%, 06/13/30(B) | 488 | 491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., Term B-6 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., Term B-6 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., Term B-6 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 12/10/30(B) | 371 | 372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., Term B-7 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., Term B-7 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc., Term B-7 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 05/09/29(B) | 72 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Construction Partners, Inc., Closing Date Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Construction Partners, Inc., Closing Date Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Construction Partners, Inc., Closing Date Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 11/03/31(B) | 416 | 418 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 25

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covia Holdings LLC, 2025 Refinancing Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covia Holdings LLC, 2025 Refinancing Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covia Holdings LLC, 2025 Refinancing Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.706%, CME Term SOFR + 2.750%, 02/26/32(B) | $403 | $399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Subsea Communications Holding, Inc., 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Subsea Communications Holding, Inc., 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Subsea Communications Holding, Inc., 2025 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, CME Term SOFR + 3.500%, 01/30/31(B) | 1089 | 1096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deep Blue Operating I LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deep Blue Operating I LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deep Blue Operating I LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.593%, CME Term SOFR + 2.750%, 10/01/32 | 335 | 336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc., Term B Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc., Term B Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc., Term B Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 01/17/31(B) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar AcquisitionCo, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar AcquisitionCo, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar AcquisitionCo, LLC, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.922%, CME Term SOFR + 4.250%, 04/29/29(B) | 543 | 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings, Inc., Tranche B-3 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings, Inc., Tranche B-3 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quikrete Holdings, Inc., Tranche B-3 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 02/10/32(B) | 685 | 687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete, LLC, 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete, LLC, 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smyrna Ready Mix Concrete, LLC, 2025 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 04/02/29(B) | 509 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Buildings and Real Estate** |  | 5557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cable [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VMED O2 UK Holdco 4 Limited, Facility Z, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VMED O2 UK Holdco 4 Limited, Facility Z, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VMED O2 UK Holdco 4 Limited, Facility Z, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.360%, Euribor + 3.425%, 10/15/31(B) | 1000 | 1182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo B.V., Term Loan H Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo B.V., Term Loan H Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo B.V., Term Loan H Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.935%, EURIBOR + 3.000%, 01/31/29(B) | 1000 | 1168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Cable** |  | 2350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cargo Transport [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cargo Transport [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cargo Transport [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIT Worldwide Logistics Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIT Worldwide Logistics Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIT Worldwide Logistics Holdings, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.887%, CME Term SOFR + 4.000%, 04/08/30(B) | 366 | 368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colossus AcquireCo LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colossus AcquireCo LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colossus AcquireCo LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.410%, SOFR + 1.750%, 07/30/32(B) | 399 | 398 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., Initial Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., Initial Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., Initial Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 10/31/31(B) | $570 | $572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., Initial Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., Initial Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynasty Acquisition Co., Inc., Initial Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 10/31/31(B) | 217 | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GN Loanco, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GN Loanco, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GN Loanco, LLC, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.338%, CME Term SOFR + 4.500%, 12/19/30(B) | 478 | 474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PAC Aviation III Designated Activity Company, Term Loan B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PAC Aviation III Designated Activity Company, Term Loan B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PAC Aviation III Designated Activity Company, Term Loan B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.108%, CME Term SOFR + 3.250%, 10/28/30 | 340 | 336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rand Parent, LLC, 2025 Refinancing Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rand Parent, LLC, 2025 Refinancing Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rand Parent, LLC, 2025 Refinancing Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.672%, CME Term SOFR + 3.000%, 03/17/30(B) | 1570 | 1574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verde Purchaser, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verde Purchaser, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verde Purchaser, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.672%, CME Term SOFR + 4.000%, 11/30/30(B) | 468 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Cargo Transport** |  | 4407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Styrolution 1/20 (USD) TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Styrolution 1/20 (USD) TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Styrolution 1/20 (USD) TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.816%, 01/31/29(B) | 524 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [0.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals, Plastics and Rubber [0.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARC Falcon I Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARC Falcon I Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARC Falcon I Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.316%, CME Term SOFR + 3.500%, 09/30/28(B) | 1923 | 1920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bakelite US Holdco, Inc., Initial Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bakelite US Holdco, Inc., Initial Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bakelite US Holdco, Inc., Initial Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.422%, CME Term SOFR + 3.750%, 12/23/31(B) | 995 | 961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chemours Company, The, Tranche B-4 US$ Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chemours Company, The, Tranche B-4 US$ Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chemours Company, The, Tranche B-4 US$ Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, CME Term SOFR + 3.500%, 10/15/32 | 613 | 605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTEC III GmbH, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTEC III GmbH, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTEC III GmbH, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.819%, EURIBOR + 3.750%, 03/16/29(B) | 1000 | 1182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flint Group (Pik Holdco TL), Global Loan Agency Services Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flint Group (Pik Holdco TL), Global Loan Agency Services Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flint Group (Pik Holdco TL), Global Loan Agency Services Limited |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.221%, 10/31/28(B) | 525 | 29 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 26

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, 2024 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.734%, CME Term SOFR + 4.000%, 03/15/29(B) | $339 | $326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, Initial Term Loan, 2nd Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, Initial Term Loan, 2nd Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hexion Holdings Corporation, Initial Term Loan, 2nd Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.254%, CME Term SOFR + 7.438%, 03/15/30(B) | 304 | 294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Quattro Holdings UK Limited, 2029 Tranche B Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Quattro Holdings UK Limited, 2029 Tranche B Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Quattro Holdings UK Limited, 2029 Tranche B Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.066%, CME Term SOFR + 4.250%, 04/02/29(B) | 511 | 358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Quattro Holdings UK Limited, 2031 Tranche B Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Quattro Holdings UK Limited, 2031 Tranche B Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos Quattro Holdings UK Limited, 2031 Tranche B Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.966%, CME Term SOFR + 4.250%, 10/07/31(B) | 109 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos US Finance LLC, 2031 Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos US Finance LLC, 2031 Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ineos US Finance LLC, 2031 Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 02/07/31(B) | 1775 | 1418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Natgasoline LLC, 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Natgasoline LLC, 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Natgasoline LLC, 2025 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.216%, CME Term SOFR + 5.500%, 03/29/30(B) | 545 | 547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rain Carbon Gmbh TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rain Carbon Gmbh TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rain Carbon Gmbh TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.035%, 08/01/30(B) | 1000 | 1171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirona Bidco, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirona Bidco, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirona Bidco, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.664%, EURIBOR + 4.500%, 12/18/28(B) | 1000 | 460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Chemicals, Plastics and Rubber** |  | 9343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Products [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Breitling Holdings S.a r.l., Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Breitling Holdings S.a r.l., Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Breitling Holdings S.a r.l., Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.024%, EURIBOR + 3.900%, 10/25/28(B) | 1000 | 1070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stiga C Sa TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stiga C Sa TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stiga C Sa TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.367%, 12/10/30(B) | 1442 | 1684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zara Uk Midco Ltd, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zara Uk Midco Ltd, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zara Uk Midco Ltd, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.820%, 11/30/30(B) | 845 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Consumer Products** |  | 3602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers, Packaging and Glass [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers, Packaging and Glass [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Containers, Packaging and Glass [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings, Inc., 2025 Incremental Closing Date Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings, Inc., 2025 Incremental Closing Date Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings, Inc., 2025 Incremental Closing Date Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, CME Term SOFR + 3.250%, 04/01/32 | 492 | 491 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens-Illinois General Inc., Tranche B-1 Term Loan B Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens-Illinois General Inc., Tranche B-1 Term Loan B Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens-Illinois General Inc., Tranche B-1 Term Loan B Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.838%, CME Term SOFR + 3.000%, 09/30/32 | $320 | $322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Containers, Packaging and Glass** |  | 813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Natural Resources, Precious Metals and Minerals [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Natural Resources, Precious Metals and Minerals [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Natural Resources, Precious Metals and Minerals [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom Holding 3 Oy, Additional Facility B1 (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom Holding 3 Oy, Additional Facility B1 (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom Holding 3 Oy, Additional Facility B1 (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.184%, CME Term SOFR + 4.250%, 05/23/30(B) | 15 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom Holding 3 Oy, Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom Holding 3 Oy, Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom Holding 3 Oy, Facility B (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.934%, CME Term SOFR + 4.000%, 02/04/28(B) | 787 | 791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domtar Corporation, Initial Term Loan 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domtar Corporation, Initial Term Loan 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domtar Corporation, Initial Term Loan 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.331%, LIBOR + 5.500%, 09/14/28(B) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glatfelter Corporation, Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glatfelter Corporation, Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glatfelter Corporation, Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.072%, CME Term SOFR + 4.250%, 11/04/31(B) | 490 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings, Inc., Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings, Inc., Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings, Inc., Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.581%, CME Term SOFR + 3.750%, 04/20/28(B) | 508 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Diversified Natural Resources, Precious Metals and Minerals** |  | 1795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified/Conglomerate Service [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified/Conglomerate Service [0.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified/Conglomerate Service [0.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group Treasury Limited, 2025 Refinancing USD Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group Treasury Limited, 2025 Refinancing USD Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group Treasury Limited, 2025 Refinancing USD Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.387%, CME Term SOFR + 3.500%, 02/27/32(B) | 747 | 701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cengage Learning, Inc., 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cengage Learning, Inc., 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cengage Learning, Inc., 2024 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.322%, CME Term SOFR + 3.500%, 03/24/31(B) | 336 | 337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Darktrace Finco US LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Darktrace Finco US LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Darktrace Finco US LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.185%, CME Term SOFR + 3.250%, 10/09/31(B) | 804 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerald X, Inc., 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerald X, Inc., 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerald X, Inc., 2025 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, CME Term SOFR + 3.250%, 01/30/32(B) | 588 | 593 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 27

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ensono, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ensono, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ensono, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.831%, CME Term SOFR + 4.000%, 05/26/28(B) | 685 | 684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Advantage Holdings, LLC, Term B-3 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Advantage Holdings, LLC, Term B-3 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Advantage Holdings, LLC, Term B-3 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 10/31/31 | 451 | 446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower, LP, 2030 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower, LP, 2030 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower, LP, 2030 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.466%, CME Term SOFR + 1.750%, 10/23/30(B) | 776 | 778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mermaid Bidco Inc., Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mermaid Bidco Inc., Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mermaid Bidco Inc., Facility B (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.151%, CME Term SOFR + 3.250%, 07/03/31(B) | 1068 | 1070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAB Holdings, LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAB Holdings, LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAB Holdings, LLC, 2025 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.172%, CME Term SOFR + 2.500%, 11/23/28(B) | 506 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neon Maple Purchaser Inc., First Amendment Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neon Maple Purchaser Inc., First Amendment Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neon Maple Purchaser Inc., First Amendment Tranche B-1 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 11/17/31(B) | 1022 | 1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nielsen Consumer, Inc., Thirteenth Amendment Dollar Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nielsen Consumer, Inc., Thirteenth Amendment Dollar Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nielsen Consumer, Inc., Thirteenth Amendment Dollar Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 10/31/30(B) | 701 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners, LLC, Initial Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners, LLC, Initial Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners, LLC, Initial Tranche B-1 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.322%, CME Term SOFR + 1.500%, 12/31/29(B) | 482 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRC Companies LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRC Companies LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRC Companies LLC, 2025 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 12/08/28(B) | 728 | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trio BidCo, LLC, Closing Date Term B Loan , 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trio BidCo, LLC, Closing Date Term B Loan , 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trio BidCo, LLC, Closing Date Term B Loan , 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.672%, CME Term SOFR + 4.000%, 10/29/32 | 452 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trio BidCo, LLC, Delayed Draw Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trio BidCo, LLC, Delayed Draw Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trio BidCo, LLC, Delayed Draw Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.500%, UNFND + 0.500%, 10/29/32 | 48 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venga Finance S.a r.l., 2025 Incremental Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venga Finance S.a r.l., 2025 Incremental Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venga Finance S.a r.l., 2025 Incremental Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.834%, CME Term SOFR + 3.750%, 06/28/29(B) | 864 | 865 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vestis Corporation , Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vestis Corporation , Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vestis Corporation , Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.072%, CME Term SOFR + 2.250%, 02/22/31(B) | 1278 | 1166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VM Consolidated, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VM Consolidated, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VM Consolidated, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 10/01/32 | 365 | 367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Diversified/Conglomerate Service** |  | 11479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ecological [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ecological [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ecological [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Energy Finance S.A., 2024 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Energy Finance S.A., 2024 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Energy Finance S.A., 2024 Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.198%, CME Term SOFR + 4.500%, 11/15/30(B) | 318 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pasadena Performance Products, LLC, 2025-1 Repricing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pasadena Performance Products, LLC, 2025-1 Repricing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pasadena Performance Products, LLC, 2025-1 Repricing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.922%, CME Term SOFR + 3.250%, 02/27/32(B) (D) | 491 | 490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Ecological** |  | 749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electronics [1.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electronics [1.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electronics [1.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adeia Inc., Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adeia Inc., Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adeia Inc., Initial Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 06/08/28(B) | 860 | 863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group, Inc. (fka RCS Capital Corporation), Term B-4 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group, Inc. (fka RCS Capital Corporation), Term B-4 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group, Inc. (fka RCS Capital Corporation), Term B-4 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 08/09/30 | 1130 | 1134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boxer Parent Company Inc., 2031 Replacement Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boxer Parent Company Inc., 2031 Replacement Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boxer Parent Company Inc., 2031 Replacement Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.822%, CME Term SOFR + 3.000%, 07/30/31(B) | 770 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calabrio, Inc., First Out Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calabrio, Inc., First Out Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calabrio, Inc., First Out Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.835%, CME Term SOFR + 4.000%, 11/26/32 | 615 | 578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition LLC, Amendment No. 6 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition LLC, Amendment No. 6 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition LLC, Amendment No. 6 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 01/31/31(B) | 280 | 276 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 28

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition LLC, Amendment No. 7 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition LLC, Amendment No. 7 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot U.S. Acquisition LLC, Amendment No. 7 Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, CME Term SOFR + 3.250%, 01/31/31(B) | $220 | $220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group, Inc., Tenth Amendment Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group, Inc., Tenth Amendment Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group, Inc., Tenth Amendment Tranche B-1 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.922%, CME Term SOFR + 3.250%, 08/13/32(B) | 1017 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clover Holdings 2, LLC, Initial Floating Rate Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clover Holdings 2, LLC, Initial Floating Rate Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clover Holdings 2, LLC, Initial Floating Rate Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.772%, CME Term SOFR + 4.000%, 12/09/31(B) | 488 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing 2/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing 2/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing 2/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.340%, 07/28/31(B) | 360 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evercommerce Solutions Inc., Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evercommerce Solutions Inc., Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evercommerce Solutions Inc., Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 07/07/31(B) | 388 | 389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inmar, Inc., Amendment No. 4 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inmar, Inc., Amendment No. 4 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inmar, Inc., Amendment No. 4 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.340%, CME Term SOFR + 4.500%, 10/30/31(B) | 588 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US, Inc., Initial Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US, Inc., Initial Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US, Inc., Initial Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.422%, CME Term SOFR + 3.750%, 10/07/32 | 750 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KnowBe4, Inc., Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KnowBe4, Inc., Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KnowBe4, Inc., Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.590%, CME Term SOFR + 3.750%, 07/23/32(B) | 330 | 330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc., Term B-4 Refinancing Loans, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc., Term B-4 Refinancing Loans, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc., Term B-4 Refinancing Loans, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, CME Term SOFR + 3.250%, 03/29/32(B) | 1080 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2023 May Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2023 May Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2023 May Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.966%, CME Term SOFR + 4.250%, 05/03/28(B) | 111 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2024 December New Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2024 December New Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MH Sub I, LLC (Micro Holding Corp.), 2024 December New Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.966%, CME Term SOFR + 4.250%, 12/31/31(B) | 157 | 134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software, Inc., 2024-1 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software, Inc., 2024-1 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software, Inc., 2024-1 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.466%, CME Term SOFR + 4.750%, 07/02/29(B) | 139 | 124 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Priority Holdings, LLC, 2025-1 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Priority Holdings, LLC, 2025-1 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Priority Holdings, LLC, 2025-1 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.466%, CME Term SOFR + 3.750%, 07/30/32(B) | $907 | $888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.698%, CME Term SOFR + 2.000%, 11/01/32 | 415 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Finance, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Finance, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Finance, LLC, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.615%, CME Term SOFR + 2.750%, 05/15/28(B) | 1300 | 472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red Planet Borrower, LLC, Fourth Amendment Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red Planet Borrower, LLC, Fourth Amendment Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Red Planet Borrower, LLC, Fourth Amendment Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.716%, CME Term SOFR + 4.000%, 09/08/32(B) | 790 | 791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2021 Other Term B-1 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2021 Other Term B-1 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2021 Other Term B-1 Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.530%, CME Term SOFR + 3.500%, 12/17/27(B) | 294 | 286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2021 Other Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2021 Other Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2021 Other Term B-2 Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.530%, CME Term SOFR + 3.500%, 02/10/29(B) | 197 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2022 Other Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2022 Other Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2022 Other Term B Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.266%, CME Term SOFR + 4.250%, 02/09/30(B) | 227 | 222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2022 Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2022 Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre Glbl Inc., 2022 Term B-2 Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.016%, CME Term SOFR + 5.000%, 04/29/29(B) | 183 | 179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-8 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-8 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc., Term B-8 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 05/09/31(B) | 476 | 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Financing Partnership, Facility AAA, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Financing Partnership, Facility AAA, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Financing Partnership, Facility AAA, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.691%, CME Term SOFR + 2.500%, 02/15/32(B) | 608 | 610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team.blue Finco SARL, USD Additional Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team.blue Finco SARL, USD Additional Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team.blue Finco SARL, USD Additional Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.922%, CME Term SOFR + 3.250%, 07/12/32(B) | 334 | 336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG Inc., 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG Inc., 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UKG Inc., 2024 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.338%, CME Term SOFR + 2.500%, 02/10/31(B) | 995 | 995 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 29

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultra Clean Holdings, Inc., Eighth Amendment Replacement Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultra Clean Holdings, Inc., Eighth Amendment Replacement Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultra Clean Holdings, Inc., Eighth Amendment Replacement Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 02/25/28(B) | $1727 | $1734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victra Holdings, LLC, Fifth Amendment Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victra Holdings, LLC, Fifth Amendment Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victra Holdings, LLC, Fifth Amendment Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.422%, CME Term SOFR + 3.750%, 03/29/29(B) | 860 | 861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Electronics** |  | 17608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries/Howden 6/24 TLB, Term Loan B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries/Howden 6/24 TLB, Term Loan B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries/Howden 6/24 TLB, Term Loan B |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.476%, 09/11/31(B) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Reserve/Blue Racer 10/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Reserve/Blue Racer 10/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Reserve/Blue Racer 10/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.922%, 10/07/32 | 339 | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Energy** |  | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance (including structured products) [1.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance (including structured products) [1.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Finance (including structured products) [1.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn 11/25 Cov-Lite, Tlb 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn 11/25 Cov-Lite, Tlb 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn 11/25 Cov-Lite, Tlb 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/25/32(F) | 475 | 466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackhawk Network Holdings, Inc., Additional Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackhawk Network Holdings, Inc., Additional Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackhawk Network Holdings, Inc., Additional Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.672%, CME Term SOFR + 4.000%, 03/12/29(B) | 486 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone Generation, LLC, Term Loan B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone Generation, LLC, Term Loan B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone Generation, LLC, Term Loan B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.093%, CME Term SOFR + 3.250%, 08/11/32(B) | 534 | 538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPPIB OVM Member U.S. LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPPIB OVM Member U.S. LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPPIB OVM Member U.S. LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.172%, CME Term SOFR + 2.500%, 08/20/31(B) | 563 | 566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRW Holdings, LLC, 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRW Holdings, LLC, 2024 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRW Holdings, LLC, 2024 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, CME Term SOFR + 3.500%, 06/26/31(B) | 901 | 886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynamo Midco B.V., Facility B1 (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynamo Midco B.V., Facility B1 (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynamo Midco B.V., Facility B1 (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.093%, CME Term SOFR + 3.250%, 09/30/31 | 505 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EIG Management Company, LLC, Term Loan B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EIG Management Company, LLC, Term Loan B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EIG Management Company, LLC, Term Loan B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.716%, CME Term SOFR + 5.000%, 05/17/29(B) | 672 | 668 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMG Utica Midstream Holdings, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMG Utica Midstream Holdings, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMG Utica Midstream Holdings, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.672%, CME Term SOFR + 4.000%, 04/01/30(B) | $481 | $486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Delayed Draw Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Delayed Draw Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Delayed Draw Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, UNFND + 3.500%, 08/16/32(B) | 176 | 176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Eagle Holdings, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.172%, CME Term SOFR + 3.500%, 08/16/32(B) | 1034 | 1031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNZ Group Entities Limited, Initial USD Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNZ Group Entities Limited, Initial USD Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNZ Group Entities Limited, Initial USD Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.901%, CME Term SOFR + 5.000%, 11/05/31(B) | 766 | 602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forgent Intermediate IV LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forgent Intermediate IV LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forgent Intermediate IV LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.951%, CME Term SOFR + 3.250%, 12/20/32 | 420 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Square Holdings, L.P., Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Square Holdings, L.P., Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Square Holdings, L.P., Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 04/25/31(B) | 842 | 817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HDI Aerospace Intermediate Holding III Corporation, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HDI Aerospace Intermediate Holding III Corporation, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HDI Aerospace Intermediate Holding III Corporation, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.687%, CME Term SOFR + 3.750%, 02/11/32(B) | 695 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudson River Trading LLC, Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudson River Trading LLC, Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudson River Trading LLC, Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.486%, CME Term SOFR + 2.750%, 03/18/30(B) | 752 | 754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hunterstown Generation, LLC, Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hunterstown Generation, LLC, Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hunterstown Generation, LLC, Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.672%, CME Term SOFR + 3.000%, 11/06/31 | 506 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jane Street Group, LLC, Seventh Amendment Extended Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jane Street Group, LLC, Seventh Amendment Extended Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jane Street Group, LLC, Seventh Amendment Extended Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.822%, CME Term SOFR + 2.000%, 12/15/31(B) | 703 | 699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, CME Term SOFR + 2.750%, 10/21/31(B) | 549 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers/Navacord 12/25 (USD) TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers/Navacord 12/25 (USD) TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers/Navacord 12/25 (USD) TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/32(F) | 365 | 365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jump Financial, LLC, Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jump Financial, LLC, Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jump Financial, LLC, Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.172%, CME Term SOFR + 3.500%, 02/26/32(B) | 348 | 343 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 30

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LendingTree, Inc., Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LendingTree, Inc., Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LendingTree, Inc., Initial Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.216%, CME Term SOFR + 4.500%, 08/21/30(B) | 1157 | 1153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF12 Crown US Commercial Bidco, LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF12 Crown US Commercial Bidco, LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF12 Crown US Commercial Bidco, LLC, 2025 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.373%, CME Term SOFR + 3.500%, 12/02/31(B) | 364 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Modena Buyer LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Modena Buyer LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Modena Buyer LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.090%, CME Term SOFR + 4.250%, 07/01/31(B) | 584 | 581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N-able International Holdings II, LLC, 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N-able International Holdings II, LLC, 2025 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N-able International Holdings II, LLC, 2025 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.585%, CME Term SOFR + 2.750%, 11/26/32 | 1000 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opal Bidco SAS, Facility B4, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opal Bidco SAS, Facility B4, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opal Bidco SAS, Facility B4, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.686%, CME Term SOFR + 3.000%, 04/28/32 | 1090 | 1096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaic Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaic Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaic Holdings, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.595%, CME Term SOFR + 3.000%, 07/30/32(B) | 595 | 597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners 1/25 Third-Out Term Loan TLc, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners 1/25 Third-Out Term Loan TLc, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Physician Partners 1/25 Third-Out Term Loan TLc, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.322%, 12/31/29(B) | 302 | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Mortgage, L.L.C., Replacement Term B-5 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Mortgage, L.L.C., Replacement Term B-5 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Mortgage, L.L.C., Replacement Term B-5 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 01/02/30(B) | 856 | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stonepeak Nile Parent LLC, Amendment No 1 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stonepeak Nile Parent LLC, Amendment No 1 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stonepeak Nile Parent LLC, Amendment No 1 Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.162%, CME Term SOFR + 2.250%, 04/09/32 | 430 | 430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tate & Lyle/Primary Products/Primient 12/24 TLB, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tate & Lyle/Primary Products/Primient 12/24 TLB, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tate & Lyle/Primary Products/Primient 12/24 TLB, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.185%, 02/07/31(B) | 471 | 463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., 2028 Refinancing Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., 2028 Refinancing Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., 2028 Refinancing Term Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.340%, 01/02/30(B) | 577 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRQ Sales LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRQ Sales LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRQ Sales LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.936%, CME Term SOFR + 3.250%, 12/30/32 | 635 | 626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent LLC, Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent LLC, Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VFH Parent LLC, Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 06/21/31(B) | 340 | 341 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wash Bidco Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wash Bidco Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wash Bidco Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, CME Term SOFR + 3.250%, 09/10/32(B) | 415 | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Finance (including structured products)** |  | 20142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finastra 7/25 (USD) Cov-Lite TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finastra 7/25 (USD) Cov-Lite TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finastra 7/25 (USD) Cov-Lite TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.723%, 08/18/32(B) | 580 | 567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synechron 9/24 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synechron 9/24 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synechron 9/24 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.572%, 04/16/29(B) | 486 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financial Services** |  | 1050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autokiniton Group/L&W (Agg) 1/24, 2024 Replacement Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autokiniton Group/L&W (Agg) 1/24, 2024 Replacement Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autokiniton Group/L&W (Agg) 1/24, 2024 Replacement Term B Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.716%, 08/02/29(B) | 793 | 785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superannuation And Investments/Cfs 7/25, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superannuation And Investments/Cfs 7/25, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superannuation And Investments/Cfs 7/25, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, 02/07/28(B) | 749 | 752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 1537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food & Beverage [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milk Specialties/Actus Nutrition 6/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milk Specialties/Actus Nutrition 6/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Milk Specialties/Actus Nutrition 6/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 07/09/32(B) | 259 | 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food, Beverage and Tobacco [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited, Facility B5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited, Facility B5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited, Facility B5, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.873%, Euribor + 2.750%, 09/30/32 | 1000 | 1178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nomad Foods TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nomad Foods TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nomad Foods TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.629%, 09/18/31 | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pegasus BidCo B.V., 2025-1 Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pegasus BidCo B.V., 2025-1 Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pegasus BidCo B.V., 2025-1 Euro Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.064%, Euribor + 3.000%, 07/12/29 | 1000 | 1187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peralta Inversiones Globales, S.L.U., Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peralta Inversiones Globales, S.L.U., Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peralta Inversiones Globales, S.L.U., Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.526%, Euribor + 3.500%, 07/15/31(B) | 495 | 575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;POP Bidco, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;POP Bidco, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;POP Bidco, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.333%, Euribor + 4.250%, 11/26/31(B) | 1000 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sigma Bidco Bv TLB-TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sigma Bidco Bv TLB-TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sigma Bidco Bv TLB-TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.291%, 07/03/31(B) | 1000 | 1327 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 31

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Petfood Finance BV, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Petfood Finance BV, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Petfood Finance BV, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.577%, Euribor + 2.500%, 02/26/32(B) | $1000 | $1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF Invest, Additional Senior Term Facility 2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF Invest, Additional Senior Term Facility 2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZF Invest, Additional Senior Term Facility 2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.776%, Euribor + 3.750%, 07/12/31(B) | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Food, Beverage and Tobacco** |  | 8998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gaming [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn Entertainment Financing (UK) PLC, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn Entertainment Financing (UK) PLC, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn Entertainment Financing (UK) PLC, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.901%, Euribor + 3.000%, 03/29/32(B) | 1000 | 1175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Lottery, Db Ag New York Branch - Third Party | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Lottery, Db Ag New York Branch - Third Party | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Lottery, Db Ag New York Branch - Third Party |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 02/28/29(B) | 1000 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Gaming** |  | 2334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Government [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Government [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Government [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jpy Paris Club 01/10/28, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jpy Paris Club 01/10/28, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jpy Paris Club 01/10/28, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/14/29(D) (F) | 150000 | 756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [1.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [1.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare [1.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argent Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argent Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argent Bidco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 08/09/30(F) | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auris Luxembourg III S.a r.l., Facility B7, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auris Luxembourg III S.a r.l., Facility B7, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auris Luxembourg III S.a r.l., Facility B7, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.873%, Euribor + 3.750%, 02/28/29(B) | 500 | 585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding, Inc., Incremental B-6 Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding, Inc., Incremental B-6 Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding, Inc., Incremental B-6 Euro Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.401%, Euribor + 2.500%, 10/11/32 | 1000 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celeste BidCo B.V., Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celeste BidCo B.V., Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celeste BidCo B.V., Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.816%, Euribor + 3.750%, 07/20/29(B) | 1000 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chrome Bidco, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chrome Bidco, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chrome Bidco, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.762%, EURIBOR + 3.700%, 06/30/28(B) | 500 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Atrium SE, Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Atrium SE, Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Atrium SE, Facility B1, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.018%, EURIBOR + 5.000%, 05/22/28(B) | 1500 | 1776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colosseum Dental Finance B.V., Additional Facility B2-A, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colosseum Dental Finance B.V., Additional Facility B2-A, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colosseum Dental Finance B.V., Additional Facility B2-A, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.535%, Euribor + 3.500%, 03/22/32 | 1000 | 1181 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elsan SAS , Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elsan SAS , Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elsan SAS , Facility B6, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.582%, EURIBOR + 3.500%, 06/16/31(B) | $1000 | $1143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GHD Verwaltung Gesundheits GMBH Deutschland, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GHD Verwaltung Gesundheits GMBH Deutschland, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GHD Verwaltung Gesundheits GMBH Deutschland, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.384%, EURIBOR + 5.500%, 11/15/27(B) | 396 | 452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HomeVi, Additional Senior Term Facility 5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HomeVi, Additional Senior Term Facility 5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HomeVi, Additional Senior Term Facility 5, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.816%, Euribor + 4.750%, 10/31/29(B) | 500 | 585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inovie Group TL, Cib | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inovie Group TL, Cib | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inovie Group TL, Cib |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.019%, 03/29/27(B) | 500 | 549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGC Science Group Holdings Limited, Facility B3 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGC Science Group Holdings Limited, Facility B3 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LGC Science Group Holdings Limited, Facility B3 (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.901%, Euribor + 4.000%, 01/21/30(B) | 1000 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pique Bidco, S.L.U., Facility B3, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pique Bidco, S.L.U., Facility B3, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pique Bidco, S.L.U., Facility B3, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.576%, Euribor + 3.675%, 12/18/30(B) | 1000 | 1153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ramsay Generale de Sante, Incremental Facility B5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ramsay Generale de Sante, Incremental Facility B5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ramsay Generale de Sante, Incremental Facility B5, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.265%, Euribor + 3.250%, 08/13/31(B) | 1000 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Bidco Sarl, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Bidco Sarl, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunrise Bidco Sarl, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.553%, 03/31/28(B) | 1000 | 1127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Takecare Bidco, Additional Senior Term Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Takecare Bidco, Additional Senior Term Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Takecare Bidco, Additional Senior Term Facility B1, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.519%, Euribor + 3.500%, 12/17/31(B) | 1000 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Healthcare** |  | 16071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare, Education and Childcare [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare, Education and Childcare [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare, Education and Childcare [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners, Inc., 2025 Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners, Inc., 2025 Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AHP Health Partners, Inc., 2025 Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 09/20/32(B) | 414 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bach Finance Limited, Fourteenth Amendment Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bach Finance Limited, Fourteenth Amendment Dollar Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bach Finance Limited, Fourteenth Amendment Dollar Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.572%, CME Term SOFR + 2.750%, 01/09/32(B) | 481 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elanco Animal Health Incorporated, 2025 Refinancing TLB Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elanco Animal Health Incorporated, 2025 Refinancing TLB Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elanco Animal Health Incorporated, 2025 Refinancing TLB Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.623%, CME Term SOFR + 1.750%, 10/31/32 | 720 | 721 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 32

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houghton Mifflin Harcourt Company, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houghton Mifflin Harcourt Company, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Houghton Mifflin Harcourt Company, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.066%, CME Term SOFR + 5.250%, 04/09/29(B) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. , 2024-1 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. , 2024-1 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. , 2024-1 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.655%, CME Term SOFR + 3.750%, 05/17/31(B) | 1205 | 1209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. , 2024-2 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. , 2024-2 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. , 2024-2 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.335%, CME Term SOFR + 3.500%, 05/17/31(B) | 393 | 393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Solutions Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Solutions Holdings, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Solutions Holdings, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.440%, CME Term SOFR + 3.500%, 11/01/28(B) | 887 | 187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon & Co., 2024 Refinancing Dollar Term Loan Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon & Co., 2024 Refinancing Dollar Term Loan Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon & Co., 2024 Refinancing Dollar Term Loan Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, CME Term SOFR + 2.250%, 05/19/31(B) | 525 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parexel International, Inc., Seventh Amendment Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parexel International, Inc., Seventh Amendment Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parexel International, Inc., Seventh Amendment Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 12/12/31 | 365 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliant Lower Intermediate, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliant Lower Intermediate, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliant Lower Intermediate, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.794%, CME Term SOFR + 3.750%, 07/18/31(B) | 642 | 515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEAM Services Group, LLC, 2022-1 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEAM Services Group, LLC, 2022-1 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEAM Services Group, LLC, 2022-1 Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.990%, CME Term SOFR + 5.000%, 12/20/27(B) | 277 | 276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Healthcare, Education and Childcare** |  | 5068 |
| **Homebuilders/Materials/Construction [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Platea (BC) Bidco AB, DDTL Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Platea (BC) Bidco AB, DDTL Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Platea (BC) Bidco AB, DDTL Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.518%, Euribor + 3.500%, 04/03/31(B) | 167 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Platea (BC) Bidco AB, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Platea (BC) Bidco AB, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Platea (BC) Bidco AB, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.518%, Euribor + 3.500%, 04/03/31(B) | 833 | 988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quimper AB, 2024 Facility B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quimper AB, 2024 Facility B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quimper AB, 2024 Facility B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.859%, Euribor + 3.750%, 03/29/30 | 1006 | 1195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarkett Partn TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarkett Partn TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarkett Partn TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.769%, 05/24/32(B) | 1000 | 1187 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Sfa, National Westminster Bank Plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Sfa, National Westminster Bank Plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Sfa, National Westminster Bank Plc |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.816%, 10/15/31(B) | 1000 | 975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Homebuilders/Materials/Construction** |  | 4543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Leisure & Entertainment [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casper Bidco SAS, Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casper Bidco SAS, Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casper Bidco SAS, Facility B6, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.873%, Euribor + 3.750%, 03/21/31(B) | 1000 | 1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pax Holdco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pax Holdco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pax Holdco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.635%, 12/16/32 | 1100 | 1295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Hotels, Leisure & Entertainment** |  | 2478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Motels, Inns and Gaming [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Motels, Inns and Gaming [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels, Motels, Inns and Gaming [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn International AG, Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn International AG, Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allwyn International AG, Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.912%, CME Term SOFR + 2.000%, 06/02/31(B) | 1037 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GBT US III LLC, Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GBT US III LLC, Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GBT US III LLC, Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.358%, CME Term SOFR + 2.500%, 07/25/31(B) | 381 | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ontario Gaming GTA Limited Partnership, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ontario Gaming GTA Limited Partnership, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ontario Gaming GTA Limited Partnership, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.922%, CME Term SOFR + 4.250%, 08/01/30(B) | 567 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oravel Stays Limited, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oravel Stays Limited, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oravel Stays Limited, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.672%, CME Term SOFR + 8.000%, 01/08/30(B) | 1027 | 1051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TripAdvisor, Inc., Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TripAdvisor, Inc., Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TripAdvisor, Inc., Initial Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 07/08/31(B) | 832 | 800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Hotels, Motels, Inns and Gaming** |  | 3749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial Services [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors 9/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors 9/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors 9/25 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.216%, 04/09/32 | 480 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission 11/25 Incrementalcov-Litetlb, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission 11/25 Incrementalcov-Litetlb, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission 11/25 Incrementalcov-Litetlb, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/10/32(F) | 650 | 653 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 33

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jennmar Intermediate 12/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jennmar Intermediate 12/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jennmar Intermediate 12/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.734%, 12/09/32 | $445 | $439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Industrials** |  | 1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dayforce 10/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dayforce 10/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dayforce 10/25 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/04/32(F) | 485 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Worldwide 7/21 (USD) Cov-Lite TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Worldwide 7/21 (USD) Cov-Lite TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Worldwide 7/21 (USD) Cov-Lite TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.684%, 01/20/29(B) | 972 | 379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Information Technology** |  | 862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-12 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-12 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-12 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.966%, CME Term SOFR + 4.250%, 09/19/30(B) | 887 | 887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-4 Term Loan, 2nd Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-4 Term Loan, 2nd Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New B-4 Term Loan, 2nd Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.081%, CME Term SOFR + 5.250%, 01/20/29(B) | 885 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New Term B-13 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New Term B-13 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion, LLC, New Term B-13 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.966%, CME Term SOFR + 4.250%, 09/19/30(B) | 1164 | 1163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings, LLC, The, Refinancing Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings, LLC, The, Refinancing Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings, LLC, The, Refinancing Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, CME Term SOFR + 2.500%, 05/26/31 | 365 | 364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Insurance** |  | 3281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IT Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IT Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IT Services [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Services 6/24 Incremental TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Services 6/24 Incremental TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Services 6/24 Incremental TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.090%, 07/30/31(B) | 599 | 597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure, Amusement, Motion Pictures, Entertainment [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure, Amusement, Motion Pictures, Entertainment [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure, Amusement, Motion Pictures, Entertainment [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bingo/Amer Gaming/Playags 5/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bingo/Amer Gaming/Playags 5/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bingo/Amer Gaming/Playags 5/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.422%, 05/17/30(B) | 618 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bowlmor Amf/Bowlero/Lucky Strike 9/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bowlmor Amf/Bowlero/Lucky Strike 9/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bowlmor Amf/Bowlero/Lucky Strike 9/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, 09/10/32(B) | 545 | 533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fitness International, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fitness International, LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fitness International, LLC, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.216%, CME Term SOFR + 4.500%, 02/12/29(B) | 128 | 128 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Parent, LLC, Term B Loan Retired 01/02/2026, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Parent, LLC, Term B Loan Retired 01/02/2026, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Parent, LLC, Term B Loan Retired 01/02/2026, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.422%, CME Term SOFR + 4.750%, 07/01/32(B) | $599 | $598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Leisure, Amusement, Motion Pictures, Entertainment** |  | 1865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery (Non-Agriculture, Non-Construction and Non-Electronic) [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery (Non-Agriculture, Non-Construction and Non-Electronic) [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery (Non-Agriculture, Non-Construction and Non-Electronic) [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A-AG US GSI Bidco, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A-AG US GSI Bidco, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A-AG US GSI Bidco, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.672%, CME Term SOFR + 5.000%, 10/31/31(B) | 729 | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliance Laundry Systems LLC, Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliance Laundry Systems LLC, Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliance Laundry Systems LLC, Initial Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.107%, CME Term SOFR + 2.250%, 08/19/31(B) | 362 | 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco, LLC, Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco, LLC, Tranche B-1 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco, LLC, Tranche B-1 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.922%, CME Term SOFR + 3.250%, 09/12/32(B) | 305 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Equipment Corporation, Initial Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Equipment Corporation, Initial Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Equipment Corporation, Initial Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.772%, CME Term SOFR + 2.000%, 10/10/31 | 536 | 540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., 2025-1 Dollar Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., 2025-1 Dollar Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., 2025-1 Dollar Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 08/17/29(B) | 402 | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Primo Brands Corporation, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Primo Brands Corporation, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Primo Brands Corporation, 2025 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.922%, CME Term SOFR + 2.250%, 03/31/28(B) | 342 | 343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanmina Corporation, Incremental Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanmina Corporation, Incremental Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanmina Corporation, Incremental Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.916%, CME Term SOFR + 2.000%, 10/27/32(B) | 375 | 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Machinery (Non-Agriculture, Non-Construction and Non-Electronic)** |  | 3061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CFC Group 5/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CFC Group 5/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CFC Group 5/25 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.735%, 05/16/30 | 430 | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lippert Components/Lci Industries 9/25 TL, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lippert Components/Lci Industries 9/25 TL, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lippert Components/Lci Industries 9/25 TL, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.966%, 02/25/28 | 481 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weber-Stephen 9/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weber-Stephen 9/25 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weber-Stephen 9/25 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.735%, 03/31/29 | 485 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Manufacturing** |  | 1387 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 34

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Manufacturing/Machinery/Industrial [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albion Financing 3 S.a r.l. (Albion Financing LLC), 2025-A Refinancing Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albion Financing 3 S.a r.l. (Albion Financing LLC), 2025-A Refinancing Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albion Financing 3 S.a r.l. (Albion Financing LLC), 2025-A Refinancing Euro Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.010%, Euribor + 3.000%, 05/21/31(B) | $1500 | $1782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delachaux Group SAS, 2024 Incremental Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delachaux Group SAS, 2024 Incremental Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delachaux Group SAS, 2024 Incremental Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.316%, Euribor + 3.250%, 04/16/29(B) | 922 | 1093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicor, LLC, Tranche D Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicor, LLC, Tranche D Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicor, LLC, Tranche D Euro Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.519%, Euribor + 3.500%, 11/22/29(B) | 978 | 1156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INNIO Group Holding GmbH, Facility B2 (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INNIO Group Holding GmbH, Facility B2 (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INNIO Group Holding GmbH, Facility B2 (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.134%, CME Term SOFR + 2.250%, 11/02/28 | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rubix Group Finco Limited, Extended Facility B Additional Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rubix Group Finco Limited, Extended Facility B Additional Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rubix Group Finco Limited, Extended Facility B Additional Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.083%, Euribor + 4.000%, 09/30/28(B) | 1000 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trench Group GmbH, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trench Group GmbH, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trench Group GmbH, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.518%, Euribor + 3.500%, 03/05/32(B) | 857 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Umami Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Umami Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Umami Bidco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.838%, 11/05/31(B) | 1000 | 1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Manufacturing/Machinery/Industrial** |  | 8419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilex Poly/Novolex 3/25 Delayed TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilex Poly/Novolex 3/25 Delayed TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilex Poly/Novolex 3/25 Delayed TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, 03/26/32 | 8 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thryv/Dex Media 4/24, Tlb 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thryv/Dex Media 4/24, Tlb 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thryv/Dex Media 4/24, Tlb 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.466%, 07/01/31(B) | 152 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mining, Steel, Iron and Nonprecious Metals [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mining, Steel, Iron and Nonprecious Metals [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mining, Steel, Iron and Nonprecious Metals [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMG Advanced Metallurgical Group N.V., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMG Advanced Metallurgical Group N.V., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMG Advanced Metallurgical Group N.V., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.331%, CME Term SOFR + 3.500%, 11/30/28(B) | 670 | 670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.500%, 04/03/28(B)(C) | 1011 |  |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oxbow Carbon LLC, Tranche B Term Loan (2023), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oxbow Carbon LLC, Tranche B Term Loan (2023), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oxbow Carbon LLC, Tranche B Term Loan (2023), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, CME Term SOFR + 3.500%, 05/10/30(B) | $1122 | $1119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Mining, Steel, Iron and Nonprecious Metals** |  | 1789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil and Gas [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil and Gas [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil and Gas [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazos Delaware II, LLC, 2025 B-2 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazos Delaware II, LLC, 2025 B-2 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazos Delaware II, LLC, 2025 B-2 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.272%, CME Term SOFR + 2.500%, 02/11/30(B) | 805 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Investment 7/25 TLB, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Investment 7/25 TLB, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Investment 7/25 TLB, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.466%, 11/17/31(B) | 647 | 647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGL Energy Operating LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGL Energy Operating LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGL Energy Operating LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, CME Term SOFR + 3.500%, 02/03/31(B) | 372 | 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Par Petroleum, LLC, Amendment No. 3 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Par Petroleum, LLC, Amendment No. 3 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Par Petroleum, LLC, Amendment No. 3 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.955%, CME Term SOFR + 3.250%, 02/28/30 | 644 | 646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockpoint Gas Storage Partners LP, Amendment No. 2 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockpoint Gas Storage Partners LP, Amendment No. 2 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockpoint Gas Storage Partners LP, Amendment No. 2 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.172%, CME Term SOFR + 2.500%, 09/18/31 | 798 | 801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Coast Infrastructure, LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Coast Infrastructure, LLC, 2025 Refinancing Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Coast Infrastructure, LLC, 2025 Refinancing Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.466%, CME Term SOFR + 3.750%, 09/25/30(B) | 1082 | 1091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil and Gas** |  | 4366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catawba Nation Gaming Authority, Initial Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catawba Nation Gaming Authority, Initial Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catawba Nation Gaming Authority, Initial Term B Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.466%, 12/20/29(B) | 665 | 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging / Paper / Forest Products [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging / Paper / Forest Products [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging / Paper / Forest Products [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., DIP New Money Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., DIP New Money Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., DIP New Money Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.912%, Euribor + 3.000%, 08/07/26 | 319 | 331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., Facility B (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., Facility B (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco S.a r.l., Facility B (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.593%, EURIBOR + 4.750%, 02/12/26(B) | 1000 | 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kleopatra Finco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.912%, 08/07/26 | 481 | 500 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 35

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LABL, Inc., Initial Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LABL, Inc., Initial Euro Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LABL, Inc., Initial Euro Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.066%, EURIBOR + 5.000%, 10/30/28(B) | $454 | $343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Packaging / Paper / Forest Products** |  | 1380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.5%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals [0.5%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Althea Acquisition TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Althea Acquisition TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Althea Acquisition TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/25/32(F) | 1500 | 1770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheplapharm Arzneimittel GmbH, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheplapharm Arzneimittel GmbH, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheplapharm Arzneimittel GmbH, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.026%, EURIBOR + 4.000%, 02/22/29(B) | 1000 | 1174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco S.A.R.L., First Additional Term Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco S.A.R.L., First Additional Term Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco S.A.R.L., First Additional Term Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.151%, Euribor + 4.250%, 10/22/31(B) | 500 | 593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Mendel, Additional Term Facility 2 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Mendel, Additional Term Facility 2 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Mendel, Additional Term Facility 2 (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.019%, Euribor + 3.000%, 11/08/30(B) | 1000 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Verdi I Sas, Deautche Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Verdi I Sas, Deautche Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financiere Verdi I Sas, Deautche Bank |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.223%, 03/10/28(B) | 1000 | 1328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nidda Healthcare Holding GmbH, Facility B (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nidda Healthcare Holding GmbH, Facility B (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nidda Healthcare Holding GmbH, Facility B (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.540%, Euribor + 3.500%, 12/09/32 | 1500 | 1773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pharmanovia Bidco, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pharmanovia Bidco, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pharmanovia Bidco, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.319%, 06/20/31(B) | 500 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pharmaceuticals** |  | 8134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing, Publishing and Broadcasting [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing, Publishing and Broadcasting [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Printing, Publishing and Broadcasting [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions 4/21 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions 4/21 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions 4/21 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6E-06%, 05/26/28 | 686 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions 9/24 B Roll-Up TL, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions 9/24 B Roll-Up TL, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions 9/24 B Roll-Up TL, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/04/31(F) | 62 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions Dms 2/25 Exit, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions Dms 2/25 Exit, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions Dms 2/25 Exit, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.716%, 03/26/32(B) | 293 | 293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc., Amendment No.2 Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc., Amendment No.2 Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc., Amendment No.2 Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 02/06/31(B) | 994 | 990 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Dollar Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Dollar Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Dollar Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.012%, CME Term SOFR + 5.000%, 04/11/29(B) | $460 | $454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Term A Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Term A Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Term A Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.762%, CME Term SOFR + 4.750%, 10/11/28(B) | 571 | 563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Term Loan, 2nd Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Term Loan, 2nd Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune BidCo US Inc., Term Loan, 2nd Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.762%, CME Term SOFR + 9.750%, 10/11/29(B) | 307 | 306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summer (BC) Bidco B LLC, Extended Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summer (BC) Bidco B LLC, Extended Facility B (USD), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summer (BC) Bidco B LLC, Extended Facility B (USD), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.932%, CME Term SOFR + 5.000%, 02/15/29(B) | 885 | 822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wasserman Media Group, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wasserman Media Group, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wasserman Media Group, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.716%, CME Term SOFR + 3.000%, 06/23/32(B) | 329 | 330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X Corp., Tranche B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X Corp., Tranche B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X Corp., Tranche B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.448%, CME Term SOFR + 6.500%, 10/26/29(B) | 1113 | 1093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X Corp., Tranche B-3 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X Corp., Tranche B-3 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X Corp., Tranche B-3 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.500%, FIXED + 9.500%, 10/26/29(B) | 1070 | 1065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Printing, Publishing and Broadcasting** |  | 5916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Publishing and Media-other [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Publishing and Media-other [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Publishing and Media-other [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dorna Sports, S.L., Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dorna Sports, S.L., Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dorna Sports, S.L., Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.874%, Euribor + 2.750%, 08/18/32 | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Services [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ggp (Brookfield Residential Property) 5/25, Tlb 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ggp (Brookfield Residential Property) 5/25, Tlb 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ggp (Brookfield Residential Property) 5/25, Tlb 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.216%, 01/31/31(B) | 433 | 435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bellis Acquisition Company PLC, Facility B (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bellis Acquisition Company PLC, Facility B (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bellis Acquisition Company PLC, Facility B (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.079%, Euribor + 4.000%, 05/14/31 | 1000 | 1062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EG Group Limited, New Facility B3 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EG Group Limited, New Facility B3 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EG Group Limited, New Facility B3 (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.937%, Euribor + 3.875%, 02/07/28(B) | 1396 | 1647 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 36

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B7B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B7B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B7B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.769%, Euribor + 2.750%, 11/26/31 | $2000 | $2362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THG Operations TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THG Operations TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THG Operations TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.172%, 02/28/30(B) | 800 | 894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail (non-food/drug)** |  | 5965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail Stores [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail Stores [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail Stores [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belfor Holdings Inc., Tranche B-5 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belfor Holdings Inc., Tranche B-5 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belfor Holdings Inc., Tranche B-5 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 11/01/30(B) | 972 | 975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boots Group Bidco 7/25 (USD) TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boots Group Bidco 7/25 (USD) TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boots Group Bidco 7/25 (USD) TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.206%, 01/09/32(B) | 415 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mister Car Wash Holdings, Inc., 2024 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mister Car Wash Holdings, Inc., 2024 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mister Car Wash Holdings, Inc., 2024 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.216%, CME Term SOFR + 2.500%, 03/27/31(B) | 489 | 490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B5B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B5B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., Facility B5B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.172%, CME Term SOFR + 2.500%, 07/01/31(B) | 906 | 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pye-Barker Fire & Safety, LLC, Closing Date Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pye-Barker Fire & Safety, LLC, Closing Date Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pye-Barker Fire & Safety, LLC, Closing Date Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.206%, CME Term SOFR + 2.500%, 12/16/32 | 318 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pye-Barker Fire & Safety, LLC, Initial Delayed Draw Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pye-Barker Fire & Safety, LLC, Initial Delayed Draw Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pye-Barker Fire & Safety, LLC, Initial Delayed Draw Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, UNFND + 0.000%, 12/16/32(F) | 47 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restoration Hardware, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restoration Hardware, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restoration Hardware, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.331%, CME Term SOFR + 2.500%, 10/20/28(B) | 407 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Marine 9/24 TLc, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Marine 9/24 TLc, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Marine 9/24 TLc, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.939%, 09/05/29(B) | 25 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WH Borrower, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WH Borrower, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WH Borrower, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.389%, CME Term SOFR + 4.500%, 02/20/32(B) | 1333 | 1339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail Stores** |  | 4915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [1.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [1.7%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Services [1.7%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AI Silk Midco Limited, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AI Silk Midco Limited, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AI Silk Midco Limited, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.089%, Euribor + 5.000%, 03/04/31(B) | 500 | 569 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Public Education/Apei 3/21 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Public Education/Apei 3/21 TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Public Education/Apei 3/21 TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.331%, 01/31/29(B) | $739 | $729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assytec, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assytec, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assytec, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.123%, 12/31/28(B) | 1000 | 845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boels Top Bv TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boels Top Bv TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boels Top Bv TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.685%, 08/17/29(B) | 1500 | 1775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIOT-Siaci BidCo, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIOT-Siaci BidCo, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIOT-Siaci BidCo, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.519%, Euribor + 3.500%, 07/26/32(B) | 1000 | 1187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerald 2 Limited, Initial Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerald 2 Limited, Initial Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerald 2 Limited, Initial Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.769%, EURIBOR + 3.750%, 01/12/32(B) | 1000 | 1184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenwich BidCo Limited, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenwich BidCo Limited, Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenwich BidCo Limited, Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.316%, Euribor + 4.250%, 07/30/32(B) | 1000 | 1189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inspired Finco Holdings Limited, Facility B6(A), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inspired Finco Holdings Limited, Facility B6(A), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inspired Finco Holdings Limited, Facility B6(A), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.151%, Euribor + 3.250%, 02/28/31(B) | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kronosnet 9/22 Cov, Bnp Paribas Sa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kronosnet 9/22 Cov, Bnp Paribas Sa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kronosnet 9/22 Cov, Bnp Paribas Sa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.849%, 12/20/27(B) | 1000 | 803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nielsen Consumer TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nielsen Consumer TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nielsen Consumer TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.651%, 10/04/30(B) | 884 | 1044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phm Grp Hld TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phm Grp Hld TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phm Grp Hld TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.517%, Euribor + 3.500%, 02/20/32(B) | 1000 | 1178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radar Bidco SARL, Facility B3 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radar Bidco SARL, Facility B3 (EUR), 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radar Bidco SARL, Facility B3 (EUR), 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.520%, Euribor + 3.500%, 04/04/31(B) | 1000 | 1188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ramudden Global (Group) GmbH, Facility B4, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ramudden Global (Group) GmbH, Facility B4, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ramudden Global (Group) GmbH, Facility B4, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.394%, Euribor + 3.500%, 12/10/29(B) | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ren10 Holding AB, 2024 Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ren10 Holding AB, 2024 Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ren10 Holding AB, 2024 Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.779%, Euribor + 3.750%, 07/31/30(B) | 1000 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sector Alarm TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sector Alarm TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sector Alarm TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 03/07/31(F) | 1000 | 1175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shilton Bidco Ltd TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shilton Bidco Ltd TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shilton Bidco Ltd TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.769%, 10/30/31(B) | 1000 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Group, Bnp Paribas-Prin | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Group, Bnp Paribas-Prin | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitel Group, Bnp Paribas-Prin |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.680%, 07/28/28(B) | 1000 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Techem Verwaltungsgesellschaft 675 mbH, Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Techem Verwaltungsgesellschaft 675 mbH, Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Techem Verwaltungsgesellschaft 675 mbH, Facility B6, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.255%, Euribor + 3.250%, 07/15/32 | 1000 | 1183 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 37

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tic Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tic Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tic Bidco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.241%, 12/09/32 | $1000 | $1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tsg Solutionsl TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tsg Solutionsl TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tsg Solutionsl TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.316%, 02/27/32 | 1000 | 1184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University Support Services LLC, 2021 Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University Support Services LLC, 2021 Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University Support Services LLC, 2021 Term Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, 07/15/29 | 500 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verisure Holding AB (publ), New Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verisure Holding AB (publ), New Facility B, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verisure Holding AB (publ), New Facility B, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, EURIBOR + 2.250%, 11/03/32 | 1500 | 1772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Villa Dutch Bidco B.V., Additional Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Villa Dutch Bidco B.V., Additional Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Villa Dutch Bidco B.V., Additional Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.171%, Euribor + 5.250%, 11/03/29(B) | 1000 | 1138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vita BidCo SARL, Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vita BidCo SARL, Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vita BidCo SARL, Facility B1, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.819%, Euribor + 3.750%, 09/11/31(B) | 1000 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wsh Investments TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wsh Investments TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wsh Investments TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.261%, 04/28/32 | 778 | 1052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Services** |  | 27154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Software and Service [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Software and Service [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Software and Service [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bending Spoons 12/25 Incremental TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bending Spoons 12/25 Incremental TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bending Spoons 12/25 Incremental TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 02/28/30(F) | 390 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Data Ctr Bidco TL Bankdebt 9.4083 20290905, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Data Ctr Bidco TL Bankdebt 9.4083 20290905, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Data Ctr Bidco TL Bankdebt 9.4083 20290905, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/04/31(F) | 5996 | 5970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software 3/24 Incremental TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software 3/24 Incremental TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software 3/24 Incremental TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.466%, 02/15/29(B) | 497 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prometric 6/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prometric 6/25 Cov-Lite TLB, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prometric 6/25 Cov-Lite TLB, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.466%, 07/30/32(B) | 329 | 331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Software and Service** |  | 7095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pitney Bowes Inc., Tranche B Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pitney Bowes Inc., Tranche B Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pitney Bowes Inc., Tranche B Term Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.422%, 03/12/29(B) | 1181 | 1172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UST Global Inc., Initial Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UST Global Inc., Initial Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UST Global Inc., Initial Term Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.734%, 10/20/28(B) | 496 | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virtusa Corporation, Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virtusa Corporation, Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virtusa Corporation, Term B-2 Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.966%, 03/15/30(B) | 618 | 618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Technology** |  | 2288 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology, Electronics, Software & IT [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cep V Invt 23 Sa Rl, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cep V Invt 23 Sa Rl, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cep V Invt 23 Sa Rl, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.129%, 03/16/29(B) | $1000 | $1187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dedalus Finance GmbH, Extended Senior Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dedalus Finance GmbH, Extended Senior Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dedalus Finance GmbH, Extended Senior Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.783%, Euribor + 3.750%, 05/04/30(B) | 1000 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IGT Holding IV AB, B4 Incremental Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IGT Holding IV AB, B4 Incremental Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IGT Holding IV AB, B4 Incremental Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.269%, Euribor + 3.250%, 08/29/31(B) | 1000 | 1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., 2025-1 Euro Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., 2025-1 Euro Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc., 2025-1 Euro Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.401%, Euribor + 2.500%, 08/17/29(B) | 722 | 857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precise Bidco B.V., Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precise Bidco B.V., Facility B6, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precise Bidco B.V., Facility B6, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, Euribor + 3.000%, 11/15/30 | 1000 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Technology, Electronics, Software & IT** |  | 5593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [1.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [1.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications [1.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AP Core Holdings II, LLC, Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AP Core Holdings II, LLC, Term B-2 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AP Core Holdings II, LLC, Term B-2 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.331%, CME Term SOFR + 5.500%, 09/01/27(B) | 1080 | 1077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centurylink, Inc., Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centurylink, Inc., Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centurylink, Inc., Term B Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.04E-05%, CME Term SOFR + 2.250%, 01/22/27(B) | 221 | 216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centurylink/Lumen 3/24 Cov-Lite TLa, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centurylink/Lumen 3/24 Cov-Lite TLa, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centurylink/Lumen 3/24 Cov-Lite TLa, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.716%, 01/25/31(B) | 1256 | 1261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco Sarl, Amendment No. 4 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco Sarl, Amendment No. 4 Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco Sarl, Amendment No. 4 Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.216%, CME Term SOFR + 4.500%, 09/27/29(B) | 985 | 982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coral-US Co-Borrower LLC, Term B-7 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coral-US Co-Borrower LLC, Term B-7 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coral-US Co-Borrower LLC, Term B-7 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.155%, CME Term SOFR + 3.250%, 01/31/32(B) | 695 | 681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Creation Technologies Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Creation Technologies Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Creation Technologies Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.696%, CME Term SOFR + 5.500%, 10/05/28(B) | 1376 | 1373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eircom Finco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eircom Finco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eircom Finco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.665%, 08/07/26 | 1500 | 1768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frontier Communications Holdings, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frontier Communications Holdings, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frontier Communications Holdings, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.236%, CME Term SOFR + 2.500%, 07/01/31(B) | 792 | 791 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 38

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lorca Telecom Bidco, S.A. , Facility B5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lorca Telecom Bidco, S.A. , Facility B5, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lorca Telecom Bidco, S.A. , Facility B5, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.634%, Euribor + 2.500%, 03/25/31(B) | $1500 | $1766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies Inc., Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies Inc., Term B-1 Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies Inc., Term B-1 Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.181%, CME Term SOFR + 2.350%, 04/16/29(B) | 963 | 957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies Inc., Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies Inc., Term B-2 Loan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies Inc., Term B-2 Loan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.181%, 04/16/29 | 249 | 248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odido Holding B.V., Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odido Holding B.V., Facility B2, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odido Holding B.V., Facility B2, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.919%, Euribor + 2.900%, 03/30/29(B) | 1000 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telenet Finance TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.935%, 03/30/29 | 1000 | 1180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ViaSat, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ViaSat, Inc., Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ViaSat, Inc., Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.348%, CME Term SOFR + 4.500%, 05/30/30 | 420 | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bl, The Bank Of Nova Scotia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bl, The Bank Of Nova Scotia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Bl, The Bank Of Nova Scotia |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.435%, EURIBOR + 3.500%, 07/07/31(B) | 1000 | 1164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zacapa S.a r.l., Seventh Amendment Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zacapa S.a r.l., Seventh Amendment Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zacapa S.a r.l., Seventh Amendment Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.422%, CME Term SOFR + 3.750%, 03/22/29(B) | 1981 | 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zayo Group TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zayo Group TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zayo Group TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.151%, 10/10/31 | 635 | 723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Telecommunications** |  | 17771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.3%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation, Airlines & Distribution [0.3%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boluda Towage, S.L.U., Facility B3, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boluda Towage, S.L.U., Facility B3, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boluda Towage, S.L.U., Facility B3, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.384%, Euribor + 3.500%, 01/31/30(B) | 1000 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edge Finco PLC, Additional Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edge Finco PLC, Additional Facility B1, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edge Finco PLC, Additional Facility B1, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.547%, Euribor + 3.500%, 08/22/31(B) | 1000 | 1183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Europort Fin TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Europort Fin TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Europort Fin TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.299%, 10/09/30 | 980 | 1163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Optimus Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Optimus Bidco TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Optimus Bidco TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.019%, 05/30/30(B) | 1000 | 1025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Transportation, Airlines & Distribution** |  | 4556 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alpha Generation, LLC, Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alpha Generation, LLC, Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alpha Generation, LLC, Initial Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, CME Term SOFR + 2.000%, 09/30/31(B) | $533 | $535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bayonne Energy Center, LLC, Term B Advance, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bayonne Energy Center, LLC, Term B Advance, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bayonne Energy Center, LLC, Term B Advance, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.672%, CME Term SOFR + 3.000%, 10/01/32 | 414 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Power, LLC (Eastern Covert Midco, LLC), Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Power, LLC (Eastern Covert Midco, LLC), Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Power, LLC (Eastern Covert Midco, LLC), Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.966%, CME Term SOFR + 5.250%, 04/03/28(B) | 600 | 603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodnight Water Solutions Holdings, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodnight Water Solutions Holdings, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodnight Water Solutions Holdings, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.716%, CME Term SOFR + 4.000%, 06/04/29(B) | 1270 | 1260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.410%, SOFR + 2.750%, 05/17/32 | 99 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term C Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term C Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invenergy Thermal Operating I LLC, Term C Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.410%, SOFR + 2.750%, 05/17/32 | 6 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mrp Buyer/Middle River Power 5/25 Delayed TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mrp Buyer/Middle River Power 5/25 Delayed TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mrp Buyer/Middle River Power 5/25 Delayed TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.922%, 05/24/32(B) | 85 | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mrp Buyer/Middle River Power 5/25 TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mrp Buyer/Middle River Power 5/25 TL, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mrp Buyer/Middle River Power 5/25 TL, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.922%, 05/08/32(B) | 668 | 662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Power Partners, LLC, Term Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Power Partners, LLC, Term Facility, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Power Partners, LLC, Term Facility, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.466%, CME Term SOFR + 2.750%, 11/12/32 | 324 | 323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Potomac Energy Center, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Potomac Energy Center, LLC, Initial Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Potomac Energy Center, LLC, Initial Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.840%, CME Term SOFR + 3.000%, 08/05/32(B) | 712 | 718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply, LLC, 2024-1 Incremental Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply, LLC, 2024-1 Incremental Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply, LLC, 2024-1 Incremental Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.353%, CME Term SOFR + 2.500%, 12/13/31(B) | 287 | 288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply, LLC, Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply, LLC, Initial Term B Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Supply, LLC, Initial Term B Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.353%, CME Term SOFR + 2.500%, 05/17/30(B) | 382 | 384 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 39

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup>/<br>Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC, 2018 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC, 2018 Incremental Term Loan, 1st Lien | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC, 2018 Incremental Term Loan, 1st Lien |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.466%, CME Term SOFR + 1.750%, 12/20/30(B) | $451 | $453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Utilities** |  | 5831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Loan Participations** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $269,881) |  | 266527 |
| **Non-Listed Business Development Companies [5.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [5.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [5.6%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [5.6%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golub Capital BDC 4 (I) | 5000000 | 75000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TCW Direct Lending LLC (I) | 17801964 | 16614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 91614 |
| **Total Non-Listed Business Development Companies** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $92,458) |  | 91614 |
| **Convertible Bonds [1.4%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Batteries/Battery Sys [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Batteries/Battery Sys [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Batteries/Battery Sys [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;L&F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;L&F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;L&F |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 04/26/30 | 1200 | 940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable One |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 03/15/28 | 2500 | 2035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building & Construction [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTA Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 03/18/27 | 1400 | 1428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 01/15/30 | 660 | 619 |
| **Total Building & Construction** |  | 2047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.4%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals [0.4%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sasol Financing USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sasol Financing USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sasol Financing USA |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 11/08/27 | 6400 | 6155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coal Mining [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000% Cash/8.000% PIK, 10/07/20(C) | 380 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Products [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.500%, 06/01/31 | 315 | 489 |
| Description | Face Amount (000)<sup>(1)</sup> | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E-Commerce/Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MakeMyTrip | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MakeMyTrip | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MakeMyTrip |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 07/01/30(A) (E) | $1100 | $1077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.2%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment & Gaming [0.2%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Macau | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Macau | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Macau |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 03/07/29(A) | 3875 | 3956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hotels and Motels [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H World Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H World Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H World Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 05/01/26 | 943 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 09/18/30(E) | 5000 | 686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Content-Entmnt [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Content-Entmnt [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet Content-Entmnt [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iQIYI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iQIYI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iQIYI |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 03/15/30 | 800 | 779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment Bank/Broker-Dealer [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Finance International, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Finance International, MTN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Finance International, MTN |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 04/04/28(E) | 1200 | 1696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate Oper/Develop [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaisa Group Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaisa Group Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaisa Group Holdings |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/25(A) (E) | 52 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/26(A) (E) | 70 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/27(A) (E) | 87 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/28(A) (E) | 140 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/29(A) (E) | 140 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/30(A) (E) | 174 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/31(A) (E) | 174 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 12/31/32(A) (E) | 329 | 1 |
| **Total Real Estate Oper/Develop** |  | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Semi-Conductors [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 10/24/29(E) | 1200 | 1248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Convertible Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($21898) |  | 22311 |
| **Limited Partnership [1.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oberland Capital Healthcare Solutions Co-Invest Offshore LP(I) | N/A | 7908 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 40

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Face Amount (000)<sup>(1)</sup>/<br>Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oberland Capital Healthcare Solutions LP(I) | N/A | 11408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Limited Partnership** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $23,152) |  | $19316 |
| **Sovereign Debt [0.8%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentina Paris Club | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentina Paris Club | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentina Paris Club |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.910%, 05/30/21(C) CHF | 1012 | 830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.000%, 07/09/29 | 5568 | 4956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivory Coast Government International Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivory Coast Government International Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivory Coast Government International Bond |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 06/15/33 | 4400 | 4395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Bank of Uzbekistan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Bank of Uzbekistan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Bank of Uzbekistan |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.200%, 07/17/30 | 1710 | 1766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sri Lanka Government International Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sri Lanka Government International Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sri Lanka Government International Bond |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/15/28(A) | 99 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 08/15/27(A) (G) | 187 | 171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 11/15/27(A) (G) | 94 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 12/15/27(A) (G) | 135 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 09/15/27(A) (G) | 200 | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.100%, 07/15/27(A) (G) | 102 | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Sovereign Debt** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost ($11930) |  | 12669 |
| **Note [0.6%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City National Rochdale FIOF Investments (Ireland) Limited | 48490628 | 9756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Note** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $185,369) |  | 9756 |
| **Common Stock [0.3%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broadcasting & Cable [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel Holdings (D) | 107067 | 1847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Media Solutions | 2606 | 91 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Broadcasting & Cable** |  | 1938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France \* | 1161 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Minerals [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Minerals [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Minerals [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New World Resources, Cl A \* | 44276198 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A'ayan Leasing & Investment KSCP | 976932 | 504 |
| Description | Shares | Value (000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCD Acquisition | 1000000 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copper Property CTL Pass Through Trust (D) | 3788 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Financials** |  | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media Entertainment [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Inc | 5095 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nostrum Oil & Gas \* | 3039550 | 150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Midstream \* | 11456 | 306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil, Gas & Consumable Fuels** |  | 456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Other [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ESC GCBREGS Corp | 4750000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Latina Offshore | 65 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Other** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Group \* | 54611 | 481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail (non-food/drug) [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartex (D) | 180000 | 13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vivarte (D) | 6000 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail (non-food/drug)** |  | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retailers [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rising Tide Holdings Inc | 1887 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.0%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Technology [0.0%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumileds \* | 4241 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.1%]** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities [0.1%]** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Longview Power LLC | 49272 | 1922 |
| **Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $4,005) |  | 5467 |

---

CITY NATIONAL ROCHDALE FUNDS \| PAGE 41

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | |
|:---|:---|:---|
| Description | Number of Warrants/<br>Shares | Value (000) |
| **Warrants [0.0%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altisource | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altisource | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altisource |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expires 07/22/27\* (H) | 553 | $4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Inc, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Inc, | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Inc, |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expires 09/30/28\* (H) | 7205 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Warrants** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $–) |  | 4 |
| **Short-Term Investment [2.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Cl Institutional, 3.640% | 36055015 | 36055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $36,055) |  | 36055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Investments [99.2%]** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,883,392) |  | $1630017 |

---

Percentages are based on net assets of $1,643,662 (000).

\* Non-income producing security.

(1) U.S. Dollars unless otherwise indicated.

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2025, the value of these securities amounted to $721,983 (000), representing 43.9% of the net assets of the Fund.

(B) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(C) In default on interest payments. Rate shown represents the last coupon rate prior to default.

(D) Level 3 security in accordance with fair value hierarchy.

(E) Zero coupon security.

(F) Unsettled bank loan, Interest rate not available.

(G) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

(H) Strike Price is unavailable.

(I) Unfunded Commitments as of December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Value | Unfunded Commitments | Redemption Frequency | Redemption Notice (Days) |
| Golub Capital BDC 4 | $75000000 | $— |  |  |
| Oberland Capital Healthcare Solutions Co-Invest Offshore LP | 7907895 | 9837500 |  |  |
| Oberland Capital Healthcare Solutions LP | 11407819 | 11573997 |  |  |
| TCW Direct Lending LLC | 16614039 | 7685394 |  |  |
| Total | $110929753 | $29096891 |  |  |

---

CHF — Swiss Franc

Cl — Class

CLO — Collateralized Loan Obligation

CME — Chicago Mercantile Exchange

DAC — Designated Activity Company

EUR — Euro

EUR003M — Euribor 3 Month

Euribor — Euro Interbank Offered Rate

GBP — British Pound Sterling

H15T10Y — US Treasury Yield Curve Rate T Note Constant Maturity 10 Year

H15T5Y — US Treasury Yield Curve Rate T Note Constant Maturity 5 Year

HKD — Hong Kong Dollar

JPY — Japanese Yen

LIBOR — London Interbank Offered Rates

LLC — Limited Liability Corporation

LP — Limited Partnership

LTD — Limited

MTN — Medium Term Note

PIK — Payment-in Kind

PLC — Public Limited Company

REIT — Real Estate Investment Trust

Ser — Series

SOFR — Secured Overnight Financing Rate

TSFR3M — Term Secured Overnight Financing Rate 3 Months

ULC — Unlimited Liability Company

UNFND — Unfunded

USD — United States Dollar

CITY NATIONAL ROCHDALE FUNDS \| PAGE 42

Schedule of Investments

*December 31, 2025 (Unaudited)*

City National Rochdale Fixed Income Opportunities Fund

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at December 31, 2025, is as follows: |
| Counterparty | Settlement Date | Currency to Deliver<br> (000) | Currency to Deliver<br> (000) | Currency to Receive<br> (000) | Currency to Receive<br> (000) | Unrealized Appreciation<br> (Depreciation)<br> (000) |
| FBNA | 01/26/26 | USD | 699 | EUR | 600 | $7 |
| U.S. Bank | 01/26/26 | USD | 34153 | EUR | 29200 | 203 |
| U.S. Bank | 01/26/26 | USD | 118 | EUR | 100 |  |
| U.S. Bank | 01/26/26 | EUR | 214535 | USD | 251648 | (770) |
| U.S. Bank | 01/30/26 | GBP | 3670 | USD | 4812 | (134) |
| U.S. Bank | 01/30/26 | USD | 3980 | EUR | 3400 | 21 |
| U.S. Bank | 01/30/26 | USD | 2596 | EUR | 2200 | (7) |
| U.S. Bank | 01/30/26 | EUR | 108175 | USD | 125089 | (2213) |
|  |  |  |  |  |  | $(2893) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at December 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at December 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at December 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at December 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at December 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at December 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (000)** | **Value<br> (000)** | **Unrealized Depreciation(000)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp;U.S. 10-Year Treasury Note | 131 | Mar-2026 | $14842 | $14730 | $(112) |

---

CNR-QH-002-320

CITY NATIONAL ROCHDALE FUNDS \| PAGE 43

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** City National Rochdale Funds

- **b. Investment Company Act file number:** 811-07923

- **c. CIK number of Registrant:** 0001026977

- **d. LEI of Registrant:** 549300QMC7FYNN5LU818

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

  - **Street Address 1:** 400 NORTH ROXBURY DRIVE

  - **City:** BEVERLY HILLS

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90210

  - **Telephone number:** 8007088881

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

- **a. Name of Series:** CITY NATIONAL ROCHDALE MUNICIPAL HIGH INCOME FUND

- **b. EDGAR series identifier (if any):** S000043469

- **c. LEI of Series:** 549300TQO52D8X5ZM377

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $750256741.65

**Total Liabilities:** $2979839.19

**Net Assets:** $747276902.46

**Cash Not Reported:** $245261.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -550.64521474 | **1-Year:** -11581.57754051 | **5-Year:** -45631.70116386 | **10-Year:** -82784.70393803 | **30-Year:** -34707.24476374

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

- **3-Month:** -2034.60397333 | **1-Year:** -22785.06806374 | **5-Year:** -69983.21845097 | **10-Year:** -129001.93324466 | **30-Year:** -60206.02440557

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000134824 | 0.08%                | 0.78%                | 1.33%                |
| Class ID C000134825 | 0.10%                | 0.80%                | 1.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-350882.57              | $-1215045.18                               |
| Month 2  | $237092.14               | $2881822.59                                |
| Month 3  | $-787377.29              | $8425968.25                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 9TH AVE MET DIST COLO NO 2                                                       | 9TH AVENUE MET DIST NO 2 CO 9TH AVENUE METROPOLITAN DISTRICT NO 2                 | CUSIP: 65448PAA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985635.90    | 0.13%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FLA HEALTH FACS AUTH HEALTH FACS REV                                | ALACHUA CNTY FL HLTH FACS AUTH ALACHUA COUNTY HEALTH FACILITIES AUTHORITY         | CUSIP: 010685JV8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1609901 | PA      | $24148.51     | 0.00%             | 2049-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH ARPT REV                                             | ALLEGHENY CNTY PA ARPT AUTH AR ALLEGHENY COUNTY AIRPORT AUTHORITY                 | CUSIP: 01728LFJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000263.80   | 0.27%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                             | ALLENTOWN PA NEIGHBORHOOD IMPT ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444BE8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1532046.30   | 0.21%             | 2032-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                             | ALLENTOWN PA NEIGHBORHOOD IMPT ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444AY5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1758465.98   | 0.24%             | 2042-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ANDERSON IND MULTIFAMILY REV                                                     | ANDERSON IN MF REVENUE CITY OF ANDERSON IN                                        | CUSIP: 033889AJ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2496948.62   | 0.33%             | 2040-01-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ANOKA MINN HSG REV                                                               | ANOKA MN HSG REVENUE CITY OF ANOKA MN                                             | CUSIP: 036327AF1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2914358.70   | 0.39%             | 2035-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BPT5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    225000 | PA      | $171588.87    | 0.02%             | 2056-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                                     | ARIZONA ST INDL DEV AUTH EDU R ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BTC8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    310000 | PA      | $297585.77    | 0.04%             | 2043-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH SR LIVING REV                                              | ARIZONA ST INDL DEV AUTH SENIO ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052TDC6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    375000 | PA      | $347390.40    | 0.05%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH SR LIVING REV                                              | ARIZONA ST INDL DEV AUTH SENIO ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052TDL6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2045509.20   | 0.27%             | 2055-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH SR LIVING REV                                              | ARIZONA ST INDL DEV AUTH SENIO ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052TDM4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3026600.10   | 0.41%             | 2065-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV                                            | ARKANSAS ST DEV FIN AUTH INDL ARKANSAS DEVELOPMENT FINANCE AUTHORITY              | CUSIP: 04108WCC4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4530000 | PA      | $4396586.06   | 0.59%             | 2049-09-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                                          | ARLINGTON TX HGR EDU FIN CORP ARLINGTON HIGHER EDUCATION FINANCE CORP             | CUSIP: 041806AM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400332.08    | 0.05%             | 2034-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                                          | ARLINGTON TX HGR EDU FIN CORP ARLINGTON HIGHER EDUCATION FINANCE CORP             | CUSIP: 041806AN0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2299796.45   | 0.31%             | 2044-03-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                                          | ARLINGTON TX HGR EDU FIN CORP ARLINGTON HIGHER EDUCATION FINANCE CORP             | CUSIP: 041807LR7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $909346.80    | 0.12%             | 2054-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT PASSENGER FAC CHARGE REV                                         | ATLANTA GA ARPT PASSENGER FAC CITY OF ATLANTA GA AIRPORT PASSENGER FACILITY CHAR  | CUSIP: 04780TDJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4048438.00   | 0.54%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AURORA ILL TAX INCREMENT REV                                                     | AURORA IL TAX INCR REVENUE CITY OF AURORA IL                                      | CUSIP: 051688AL3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $302991.75    | 0.04%             | 2027-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TBQ1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004268.20   | 0.13%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD SPL OBLIG                                                           | BALTIMORE MD SPL OBLIG CITY OF BALTIMORE MD                                       | CUSIP: 05923TDB2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    800000 | PA      | $799393.52    | 0.11%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANNING LEWIS RANCH MET DIST NO 8 COLO                                           | BANNING LEWIS RANCH MET DIST # BANNING LEWIS RANCH METROPOLITAN DISTRICT NO 8     | CUSIP: 06663CAA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3115389.20   | 0.42%             | 2051-12-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| BERKELEY CNTY S C ASSMT REV                                                      | BERKELEY CNTY SC ASSMNT REVENU COUNTY OF BERKELEY SC                              | CUSIP: 084220AC6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $876816.00    | 0.12%             | 2049-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY S C ASSMT REV                                                      | BERKELEY CNTY SC ASSMNT REVENU COUNTY OF BERKELEY SC                              | CUSIP: 084220AA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    335000 | PA      | $332985.44    | 0.04%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA MUN AUTH REV                                                       | BERKS CNTY PA MUNI AUTH BERKS COUNTY MUNICIPAL AUTHORITY/THE                      | CUSIP: 084538JH1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4778000 | PA      | $4300558.83   | 0.58%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA MUN AUTH REV                                                       | BERKS CNTY PA MUNI AUTH BERKS COUNTY MUNICIPAL AUTHORITY/THE                      | CUSIP: 084538JK4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2387000 | PA      | $1646618.72   | 0.22%             | 2044-06-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN SR HSG REV                                                           | BETHEL MN SENIOR HSG REVENUE CITY OF BETHEL MN                                    | CUSIP: 08676PAR1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2476287.73   | 0.33%             | 2058-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV                                      | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENERGY GAS DISTRICT                      | CUSIP: 09182TGC5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1336744.88   | 0.18%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV                                      | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENERGY GAS DISTRICT                      | CUSIP: 09182TEV5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5160905.50   | 0.69%             | 2056-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOLINGBROOK ILL SPL SVC AREA NO 1 SPL TAX                                        | BOLINGBROOK IL SPL SVC AREA #1 VILLAGE OF BOLINGBROOK IL SPECIAL SERVICE AREA NO  | CUSIP: 09755MAE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4543981.20   | 0.61%             | 2041-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRIDGEVIEW ILL                                                                   | BRIDGEVIEW IL VILLAGE OF BRIDGEVIEW IL                                            | CUSIP: 108555JA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001447.40   | 0.27%             | 2035-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BROADWAY STA MET DIST NO 2 COLO                                                  | BROADWAY STATION MET DIST NO 2 BROADWAY STATION METROPOLITAN DISTRICT NO 2        | CUSIP: 111570AC1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    729000 | PA      | $668843.50    | 0.09%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROADWAY STA MET DIST NO 3 COLO                                                  | BROADWAY STATION MET DIST NO 3 BROADWAY STATION METROPOLITAN DISTRICT NO 3        | CUSIP: 111571AB1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1168126.20   | 0.16%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK MD SPL OBLIG                                                           | BRUNSWICK MD SPL OBLIG CITY OF BRUNSWICK MD                                       | CUSIP: 117250AE0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1578647.41   | 0.21%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK MD SPL OBLIG                                                           | BRUNSWICK MD SPL OBLIG CITY OF BRUNSWICK MD                                       | CUSIP: 117250AD2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    780000 | PA      | $778459.81    | 0.10%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                                            | BUCKEYE OH TOBACCO SETTLEMENT BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY      | CUSIP: 118217CZ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1618925.80   | 0.22%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                                            | BUCKEYE OH TOBACCO SETTLEMENT BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY      | CUSIP: 118217CX4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3021786.95   | 0.40%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUFFALO HIGHLANDS MET DIST COLO                                                  | BUFFALO HIGHLANDS MET DIST BUFFALO HIGHLANDS METROPOLITAN DISTRICT                | CUSIP: 119541AB6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1753777.92   | 0.23%             | 2048-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BURLEIGH CNTY N D ED FACS REV                                                    | BURLEIGH CNTY ND EDU FACS REVE COUNTY OF BURLEIGH ND                              | CUSIP: 12139LAC6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1044742.71   | 0.14%             | 2046-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                          | CALIFORNIA CMNTY CHOICE FING A CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY    | CUSIP: 13013JAP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3802934.25   | 0.51%             | 2052-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV                                       | CALIFORNIA CMNTY HSG AGY ESSEN CALIFORNIA COMMUNITY HOUSING AGENCY                | CUSIP: 13013FAL8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2468134.80   | 0.33%             | 2056-02-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH SR LIVING REV                                            | CALIFORNIA PUBLIC FIN AUTH SEN CALIFORNIA PUBLIC FINANCE AUTHORITY                | CUSIP: 13057GAN9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2838588.41   | 0.38%             | 2044-06-01      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH SR LIVING REV                                            | CALIFORNIA PUBLIC FIN AUTH SEN CALIFORNIA PUBLIC FINANCE AUTHORITY                | CUSIP: 13057GAZ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964821.10    | 0.13%             | 2034-03-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TBE8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999908.20    | 0.13%             | 2044-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TBD0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    570000 | PA      | $570161.71    | 0.08%             | 2034-10-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059THG7<br>LEI: N/A | Long             | DBT              | MUN               | US        |     50000 | PA      | $52343.91     | 0.01%             | 2042-08-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FAC REV                                              | CALIFORNIA SCH FIN AUTH SCH FA CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13059TBF5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1111555.98   | 0.15%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH CTFS PARTN                                               | CALIFORNIA ST MUNI FIN AUTH CO CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 130493CL1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985907.50    | 0.13%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                      | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048TWM1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000305.60   | 0.54%             | 2045-11-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SPL TAX REV                                              | CALIFORNIA ST MUNI FIN AUTH SP CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13051AFM5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2154555.60   | 0.29%             | 2042-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV                            | CALIFORNIA ST POLL CONTROL FIN CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY   | CUSIP: 130536RM9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1275000 | PA      | $14343.75     | 0.00%             | 2032-07-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV                            | CALIFORNIA ST POLL CONTROL FIN CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY   | CUSIP: 13054WAZ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093633.10   | 0.15%             | 2034-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                                         | CALIFORNIA STWD CMNTYS DEV AUT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SVL5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $507573.05    | 0.07%             | 2043-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                                         | CALIFORNIA STWD CMNTYS DEV AUT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SEW0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4011518.80   | 0.54%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                                         | CALIFORNIA STWD CMNTYS DEV AUT CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SVN1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515432.45   | 0.20%             | 2058-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CANYONS MET DIST NO 5 COLO                                                       | CANYONS MET DIST #5 CO CANYONS METROPOLITAN DISTRICT NO 5                         | CUSIP: 139071AZ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997709.50    | 0.13%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBL2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1340176.20   | 0.18%             | 2054-07-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBV0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2469174.95   | 0.33%             | 2049-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBU2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3527483.34   | 0.47%             | 2039-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA EDL FACS REV                                                  | CAPITAL TRUST AGY FL EDUCTNL F CAPITAL TRUST AGENCY INC                           | CUSIP: 14054CBJ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1474450.65   | 0.20%             | 2039-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA REV                                                           | CAPITAL TRUST AGY FL REVENUE CAPITAL TRUST AGENCY INC                             | CUSIP: 14052WEB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1519591.50   | 0.20%             | 2041-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CELINA TEX SPL ASSMT REV                                                         | CELINA TX SPL ASSESSMENT REVEN CITY OF CELINA TX                                  | CUSIP: 15114CBM5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515118.95   | 0.20%             | 2038-09-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CELINA TEX SPL ASSMT REV                                                         | CELINA TX SPL ASSESSMENT REVEN CITY OF CELINA TX                                  | CUSIP: 15114CBN3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $498113.35    | 0.07%             | 2047-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CHAMBERS HIGHPOINT MET DIST NO 2 COLO                                            | CHAMBERS HIGHPOINT MET DIST #2 CHAMBERS HIGHPOINT METROPOLITAN DISTRICT NO 2      | CUSIP: 157817AA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    515000 | PA      | $431434.86    | 0.06%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHAMBERS HIGHPOINT MET DIST NO 2 COLO                                            | CHAMBERS HIGHPOINT MET DIST #2 CHAMBERS HIGHPOINT METROPOLITAN DISTRICT NO 2      | CUSIP: 157817AB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1144938.53   | 0.15%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV                                    | CHARLOTTE CNTY FL INDL DEV AUT CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/ | CUSIP: 16080TAF2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    905000 | PA      | $848191.16    | 0.11%             | 2041-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV                                    | CHARLOTTE CNTY FL INDL DEV AUT CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/ | CUSIP: 16080TAE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1873576.06   | 0.25%             | 2049-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CHESTER CNTY PA HEALTH & ED FACS AUTH REV                                        | CHESTER CNTY PA HLTH & EDU FAC CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUT | CUSIP: 165579EW9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1149837.64   | 0.15%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH SPL OBLIG REV                                      | CHESTER CNTY PA INDL DEV AUTH CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY     | CUSIP: 16559WAC4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $490098.50    | 0.07%             | 2048-03-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                               | CHICAGO IL BRD OF EDU CHICAGO BOARD OF EDUCATION                                  | CUSIP: 167505RP3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2586003.25   | 0.35%             | 2042-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CHICAGO ILL                                                                      | CHICAGO IL CITY OF CHICAGO IL                                                     | CUSIP: 167486ZY8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5077567.00   | 0.68%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL O HARE INTL ARPT REV                                                 | CHICAGO IL O'HARE INTERNATIONA CHICAGO O'HARE INTERNATIONAL AIRPORT               | CUSIP: 167593L59<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6300153.72   | 0.84%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLACKAMAS COUNTY HOSPITAL FACILITY AUTHORITY       | CUSIP: 179027YN1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    875000 | PA      | $854423.24    | 0.11%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CMFA SPL FIN AGY VII CALIF ESSENTIAL HSG REV                                     | CMFA SPL FIN AGY VII CA ESSENT CMFA SPECIAL FINANCE AGENCY VII                    | CUSIP: 12574UAA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5500000 | PA      | $3774158.30   | 0.51%             | 2056-08-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE REV                                    | CO HIGH PERFORMANCE TRANSPRTN COLORADO HIGH PERFORMANCE TRANSPORTATION ENTERPRIS  | CUSIP: 19648DAA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001424.40   | 0.27%             | 2044-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO ST EDUCTNL & CULTURAL COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645RC82<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1912233.39   | 0.26%             | 2046-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                                            | COLORADO ST EDUCTNL & CULTURAL COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORI | CUSIP: 19645RC74<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1415447.85   | 0.19%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                                                   | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FSJ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5500000 | PA      | $3979604.20   | 0.53%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FTF1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1098985.21   | 0.15%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FTH7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2270029.50   | 0.30%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FSH8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1752320.12   | 0.23%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FA87<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010073.60   | 0.14%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                    | COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY               | CUSIP: 19648FKA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4155000 | PA      | $3768051.91   | 0.50%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSTITUTION HEIGHTS MET DIST COLO                                               | CONSTITUTION HEIGHTS MET DIST CONSTITUTION HEIGHTS METROPOLITAN DISTRICT          | CUSIP: 210402AA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1178180.48   | 0.16%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV                                    | CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY              | CUSIP: 126292BQ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3430000 | PA      | $2349804.85   | 0.31%             | 2057-05-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV                                    | CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY              | CUSIP: 126292CE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $678574.30    | 0.09%             | 2049-12-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV                                    | CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY              | CUSIP: 126292CA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1090000 | PA      | $763737.06    | 0.10%             | 2047-06-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CUYAHOGA CNTY OHIO HOSP REV                                                      | CUYAHOGA CNTY OH HOSP REVENUE COUNTY OF CUYAHOGA OH                               | CUSIP: 2322655S3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2905290.00   | 0.39%             | 2047-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DAUPHIN CNTY PA GEN AUTH UNIV REV                                                | DAUPHIN CNTY PA GEN AUTH UNIV DAUPHIN COUNTY GENERAL AUTHORITY                    | CUSIP: 23825JAD5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1135000 | PA      | $800676.10    | 0.11%             | 2041-10-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| DAUPHIN CNTY PA GEN AUTH UNIV REV                                                | DAUPHIN CNTY PA GEN AUTH UNIV DAUPHIN COUNTY GENERAL AUTHORITY                    | CUSIP: 23825JAC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2910000 | PA      | $2353465.41   | 0.31%             | 2034-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| DENVER COLO INTL BUSINESS CTR MET DIST NO 1                                      | DENVER CO INTERNATIONAL BUSINE DENVER INTERNATIONAL BUSINESS CENTER METROPOLITAN  | CUSIP: 249197BA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    850000 | PA      | $723706.07    | 0.10%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH                                                                     | DETROIT MI CITY OF DETROIT MI                                                     | CUSIP: 2510933S7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    625000 | PA      | $640879.56    | 0.09%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & IND ENVIRONMENTAL IMPT REV                       | DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS & INDUSTRY  | CUSIP: 25461PAB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |     78095 | PA      | $0.78         | 0.00%             | 2037-12-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & IND CHARTER SCH LEASE REV                        | DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS & INDUSTRY  | CUSIP: 25490LAB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1595328.89   | 0.21%             | 2035-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & IND CHARTER SCH LEASE REV                        | DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS & INDUSTRY  | CUSIP: 25490LAF4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000057.90   | 0.13%             | 2038-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                | DIST OF COLUMBIA DISTRICT OF COLUMBIA                                             | CUSIP: 25476FXS2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5035466.00   | 0.67%             | 2039-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH                         | DOWNTOWN EAST STREETCAR SWR PU DOWNTOWN EAST STREETCAR SEWER PUBLIC INFRASTRUCTUR | CUSIP: 261151AB0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1981167.40   | 0.27%             | 2053-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH                         | DOWNTOWN EAST STREETCAR SWR PU DOWNTOWN EAST STREETCAR SEWER PUBLIC INFRASTRUCTUR | CUSIP: 261151AA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $505049.25    | 0.07%             | 2042-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| EAST NASSAU STEWARDSHIP DIST FLA SPL ASSMT REV                                   | EAST NASSAU STEWARDSHIP DIST F EAST NASSAU STEWARDSHIP DISTRICT                   | CUSIP: 273794AP2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3324933.98   | 0.44%             | 2045-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EASTERN HILLS MET DIST NO 10 COLO                                                | EASTERN HILLS MET DIST #10 CO EASTERN HILLS METROPOLITAN DISTRICT NO 10           | CUSIP: 27649AAA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3066931.80   | 0.41%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELORA MET DIST COLO                                                              | ELORA MET DIST CO ELORA METROPOLITAN DISTRICT                                     | CUSIP: 290141AA8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3072405.90   | 0.41%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV                                 | ENERGY S E AL A COOPERATIVE DI ENERGY SOUTHEAST A COOPERATIVE DISTRICT            | CUSIP: 292723AY9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107507.90   | 0.15%             | 2054-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ERIE HIGHLANDS MET DIST NO 1 COLO                                                | ERIE HIGHLANDS CO MET DIST #1 ERIE HIGHLANDS METROPOLITAN DISTRICT NO 1           | CUSIP: 295271AP5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $663486.57    | 0.09%             | 2040-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOC GOVT FIN COMMN SR LIVING REV                                         | FLORIDA LOC GOVT FIN COMMISSIO FLORIDA LOCAL GOVERNMENT FINANCE COMMISSION        | CUSIP: 34077UAH3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041072.20   | 0.14%             | 2055-11-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UNG9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1554300.30   | 0.21%             | 2045-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UNH7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2675897.90   | 0.36%             | 2050-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UFC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    450000 | PA      | $391932.77    | 0.05%             | 2050-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS LEASE REV                                          | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34062FAB6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3321153.88   | 0.44%             | 2047-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UBP2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2112111.90   | 0.28%             | 2034-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP EDL FACS REV                                                | FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061UBQ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000708.60   | 0.40%             | 2044-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAP9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $94384.32     | 0.01%             | 2050-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WBM5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $233562.93    | 0.03%             | 2046-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                               | FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAX2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $207133.82    | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV                                        | FLORIDA ST DEV FIN CORP SOL WS FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061XAB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3532284.70   | 0.47%             | 2029-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV                                        | FLORIDA ST DEV FIN CORP SOL WS FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061XAF9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2982874.36   | 0.40%             | 2032-07-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV                                        | FLORIDA ST DEV FIN CORP SOL WS FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061XAE2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1416227.04   | 0.19%             | 2029-08-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FOUR CORNERS BUSINESS IMPT DIST COLO LTD TAX SUPPORTED REV                       | FOUR CORNERS BUSINESS IMPT DIS FOUR CORNERS BUSINESS IMPROVEMENT DISTRICT         | CUSIP: 35084NAA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1139627.37   | 0.15%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY PA INDL DEV AUTH REV                                               | FRANKLIN CNTY PA INDL DEV AUTH FRANKLIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/P | CUSIP: 353273CF0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $867533.20    | 0.12%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY PA INDL DEV AUTH REV                                               | FRANKLIN CNTY PA INDL DEV AUTH FRANKLIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/P | CUSIP: 353273CE3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    780000 | PA      | $697745.49    | 0.09%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL CNTY GA DEV AUTH EDL FACS REV                                 | GAINESVILLE & HALL CNTY GA DEV GAINESVILLE & HALL COUNTY DEVELOPMENT AUTHORITY    | CUSIP: 36274PAC1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $1800000.00   | 0.24%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GILBERTS VLG ILL TAX INCREMENT REV NT CTFS PARTN                                 | GILBERTS VLG IL TAX INCREMENT VILLAGE OF GILBERTS IL                              | CUSIP: 37547HAA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1293020 | PA      | $1285030.86   | 0.17%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND FORKS CNTY N D SOLID WASTE DISP FAC REV                                    | GRAND FORKS CNTY ND COUNTY OF GRAND FORKS ND                                      | CUSIP: 38543PAF5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $50.00        | 0.00%             | 2043-12-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| GREEN VY RANCH EAST MET DIST NO 6 COLO                                           | GREEN VALLEY RANCH EAST MET DI GREEN VALLEY RANCH EAST METROPOLITAN DISTRICT NO 6 | CUSIP: 39356MAA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1210474.65   | 0.16%             | 2050-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GREENWAYS MET DIST NO 1 COLO                                                     | GREENWAYS MET DIST #1 CO GREENWAYS METROPOLITAN DISTRICT NO 1                     | CUSIP: 39679VAA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3685000 | PA      | $2892164.51   | 0.39%             | 2051-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GULF COAST WASTE DISP AUTH TEX SOLID WASTE DISP REV                              | GULF COAST TX WST DISP AUTH GULF COAST AUTHORITY                                  | CUSIP: 402231AU8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946372.60    | 0.13%             | 2028-05-01      | Floating      | 1.50%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY OHIO HEALTH CARE REV                                               | HAMILTON CNTY OH HLTH CARE REV COUNTY OF HAMILTON OH                              | CUSIP: 40727RCL0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $515146.85    | 0.07%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HANLEY/EAGER RD TRANSN DEV DIST MO REV                                           | HANLEY/EAGER ROAD MO TRANSPRTN HANLEY/EAGER ROAD TRANSPORTATION DEVELOPMENT DISTR | CUSIP: 41048TAJ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    985000 | PA      | $845179.84    | 0.11%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HANLEY/EAGER RD TRANSN DEV DIST MO REV                                           | HANLEY/EAGER ROAD MO TRANSPRTN HANLEY/EAGER ROAD TRANSPORTATION DEVELOPMENT DISTR | CUSIP: 41048TAH7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    495000 | PA      | $457109.14    | 0.06%             | 2033-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HANLEY/EAGER RD TRANSN DEV DIST MO REV                                           | HANLEY/EAGER ROAD MO TRANSPRTN HANLEY/EAGER ROAD TRANSPORTATION DEVELOPMENT DISTR | CUSIP: 41048TAG9<br>LEI: N/A | Long             | DBT              | MUN               | US        |     85000 | PA      | $84943.30     | 0.01%             | 2026-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HAYMEADOW MET DIST NO 1 COLO                                                     | HAYMEADOW MET DIST #1 CO HAYMEADOW METROPOLITAN DISTRICT NO 1                     | CUSIP: 42089FAA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026587.00   | 0.14%             | 2054-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HENDERSON NEV LOC IMPT DISTS                                                     | HENDERSON NV LOCAL IMPT DISTS HENDERSON LOCAL IMPROVEMENT DISTRICTS               | CUSIP: 425208WT8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    915000 | PA      | $923409.31    | 0.12%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON NEV LOC IMPT DISTS                                                     | HENDERSON NV LOCAL IMPT DISTS HENDERSON LOCAL IMPROVEMENT DISTRICTS               | CUSIP: 425208WE1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    670000 | PA      | $522251.67    | 0.07%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HENDERSON NEV LOC IMPT DISTS                                                     | HENDERSON NV LOCAL IMPT DISTS HENDERSON LOCAL IMPROVEMENT DISTRICTS               | CUSIP: 425208WF8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    235000 | PA      | $193824.26    | 0.03%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HODGKINS ILL TAX INCREMENT REV                                                   | HODGKINS IL TAX INCR REVENUE VILLAGE OF HODGKINS IL                               | CUSIP: 434329AR9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4285000 | PA      | $4295879.62   | 0.57%             | 2037-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HOOVER ALA INDL DEV BRD ENVIRONMENTAL IMPT REV                                   | HOOVER AL INDL DEV BRD ENVNMNT HOOVER INDUSTRIAL DEVELOPMENT BOARD                | CUSIP: 439241AA8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4786161.28   | 0.64%             | 2049-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HORIZON TEX REGL MUN UTIL DIST                                                   | HORIZON TX REGL MUNI UTILITY D HORIZON REGIONAL MUNICIPAL UTILITY DISTRICT        | CUSIP: 44044TST0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $887621.50    | 0.12%             | 2054-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 442349GA8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2298783.55   | 0.31%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX ARPT SYS REV                                                         | HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE             | CUSIP: 442349FZ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2271947.75   | 0.30%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOWARD CNTY MD SPL OBLIG                                                         | HOWARD CNTY MD SPL OBLIG COUNTY OF HOWARD MD                                      | CUSIP: 442599AG1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1163361.00   | 0.16%             | 2047-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| HOWARD CNTY MD SPL OBLIG                                                         | HOWARD CNTY MD SPL OBLIG COUNTY OF HOWARD MD                                      | CUSIP: 442599AF3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992518.90    | 0.13%             | 2039-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| IDAHO FALLS IDAHO AUD DIST ANNUAL APPROPRIATION CTFS PARTN                       | IDAHO FALLS ID AUDITORIUM DIST IDAHO FALLS AUDITORIUM DISTRICT                    | CUSIP: 45118AAA9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2133745.65   | 0.29%             | 2051-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH HEALTH SVCS FAC LEASE REV                                      | ILLINOIS ST FIN AUTH HEALTH SV ILLINOIS FINANCE AUTHORITY                         | CUSIP: 452031AP2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4044475.10   | 0.54%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EJ25<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2097391.16   | 0.28%             | 2038-04-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FGN9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $362174.12    | 0.05%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45203H5Q1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2327384.29   | 0.31%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FP66<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1634744.66   | 0.22%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FRX5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    830000 | PA      | $746443.32    | 0.10%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FTX3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4180000 | PA      | $4269876.69   | 0.57%             | 2048-01-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FN92<br>LEI: N/A | Long             | DBT              | MUN               | US        |    480000 | PA      | $493142.50    | 0.07%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FP74<br>LEI: N/A | Long             | DBT              | MUN               | US        |    520000 | PA      | $525744.39    | 0.07%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FSM8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070199.10   | 0.14%             | 2042-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FN84<br>LEI: N/A | Long             | DBT              | MUN               | US        |    330000 | PA      | $339035.47    | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FGQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    230000 | PA      | $187382.13    | 0.03%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204EEH7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5140000 | PA      | $4548947.80   | 0.61%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FSN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047948.00   | 0.14%             | 2047-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204FGP4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $311324.02    | 0.04%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                            | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY                           | CUSIP: 45204E6F0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1385000.00   | 0.19%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH SOLID WASTE REV                                                | ILLINOIS ST FIN AUTH REVENUE S ILLINOIS FINANCE AUTHORITY                         | CUSIP: 45202HAM5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1636254.90   | 0.22%             | 2052-09-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH SOLID WASTE REV                                                | ILLINOIS ST FIN AUTH REVENUE S ILLINOIS FINANCE AUTHORITY                         | CUSIP: 45202HAN3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1713339.15   | 0.23%             | 2042-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| ILLINOIS HSG DEV AUTH MULTIFAMILY HSG REV                                        | ILLINOIS ST HSG DEV AUTH MF HS ILLINOIS HOUSING DEVELOPMENT AUTHORITY             | CUSIP: 45203LCG6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5970000 | PA      | $5769487.40   | 0.77%             | 2056-01-01      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVIRONMENTAL REV                                            | INDIANA ST FIN AUTH ENVRNMNTL INDIANA FINANCE AUTHORITY                           | CUSIP: 455054BD7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1957367.13   | 0.26%             | 2039-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH HEALTH FAC REV                                                  | INDIANA ST FIN AUTH HLTH FAC R INDIANA FINANCE AUTHORITY                          | CUSIP: 45471CAZ1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5031875.50   | 0.67%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUTH MULTIFAMILY HSG REV                              | INDIANA ST HSG & CMNTY DEV AUT INDIANA HOUSING & COMMUNITY DEVELOPMENT AUTHORITY  | CUSIP: 45506CBA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5060302.45   | 0.68%             | 2041-04-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                                              | INDIANAPOLIS IN LOCAL PUBLIC I INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK    | CUSIP: 45528U6X4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $625438.92    | 0.08%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH REV                                                                | IOWA ST FIN AUTH REVENUE IOWA FINANCE AUTHORITY                                   | CUSIP: 46246K2S0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000192.40   | 0.27%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CTR MET DIST NO 1 COLO SPL REV                                         | JEFFERSON CENTER CO MET DIST # JEFFERSON CENTER METROPOLITAN DISTRICT NO 1        | CUSIP: 47248EAA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    575000 | PA      | $543440.72    | 0.07%             | 2040-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CTR MET DIST NO 1 COLO SPL REV                                         | JEFFERSON CENTER CO MET DIST # JEFFERSON CENTER METROPOLITAN DISTRICT NO 1        | CUSIP: 47248EAB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $228730.03    | 0.03%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP REV                                             | KALAMAZOO MI ECON DEV CORP KALAMAZOO ECONOMIC DEVELOPMENT CORP                    | CUSIP: 483228DV1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2484237.28   | 0.33%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP REV                                             | KALAMAZOO MI ECON DEV CORP KALAMAZOO ECONOMIC DEVELOPMENT CORP                    | CUSIP: 483228ED0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1218748.40   | 0.16%             | 2051-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP REV                                             | KALAMAZOO MI ECON DEV CORP KALAMAZOO ECONOMIC DEVELOPMENT CORP                    | CUSIP: 483228DW9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300627.25   | 0.17%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KALISPEL TRIBE INDIANS PRIORITY DISTR WASH REV                                   | KALISPEL TRIBE OF INDIANS PRIO KALISPEL TRIBE OF INDIANS                          | CUSIP: 48340PAS1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $407682.88    | 0.05%             | 2038-01-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH SALES TAX REV                                       | KANSAS CITY MO INDL DEV AUTH S KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 48503VAH5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000306.70   | 0.13%             | 2036-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEV FIN AUTH REV                                               | KENTUCKY ST ECON DEV FIN AUTH KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY     | CUSIP: 49126PFG0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1645519.20   | 0.22%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV                                   | KENTUCKY ST PUBLIC ENERGY AUTH KENTUCKY PUBLIC ENERGY AUTHORITY                   | CUSIP: 74440DFQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036680.30   | 0.14%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KIRKWOOD MO INDL DEV AUTH RETIREMENT CMNTY REV                                   | KIRKWOOD MO INDL DEV AUTH RETM KIRKWOOD INDUSTRIAL DEVELOPMENT AUTHORITY          | CUSIP: 497609AY3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2530242.91   | 0.34%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IND MULTIFAMILY HSG REV                                                | LAFAYETTE IN MF HSG REVENUE CITY OF LAFAYETTE IN                                  | CUSIP: 506309AB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3285822.11   | 0.44%             | 2037-01-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LAFFERTY CANYON MET DIST COLO                                                    | LAFFERTY CANYON MET DIST CO LAFFERTY CANYON METROPOLITAN DISTRICT                 | CUSIP: 50682FAA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1454027.06   | 0.19%             | 2055-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LAGO VISTA TEX SPL ASSMT REV                                                     | LAGO VISTA TEX SPL ASSMT REV CITY OF LAGO VISTA TX                                | CUSIP: 507081BD8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    275000 | PA      | $260608.48    | 0.03%             | 2050-09-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV                                | LAKEWOOD RANCH FL STEWARDSHIP LAKEWOOD RANCH STEWARDSHIP DISTRICT                 | CUSIP: 51265KGG7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038506.20   | 0.14%             | 2045-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV                                | LAKEWOOD RANCH FL STEWARDSHIP LAKEWOOD RANCH STEWARDSHIP DISTRICT                 | CUSIP: 51265KFH6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069441.30   | 0.14%             | 2043-05-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV                                | LAKEWOOD RANCH FL STEWARDSHIP LAKEWOOD RANCH STEWARDSHIP DISTRICT                 | CUSIP: 51265KGH5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1548599.10   | 0.21%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV                                | LAKEWOOD RANCH FL STEWARDSHIP LAKEWOOD RANCH STEWARDSHIP DISTRICT                 | CUSIP: 51265KFG8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $534850.10    | 0.07%             | 2033-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV                                | LAKEWOOD RANCH FL STEWARDSHIP LAKEWOOD RANCH STEWARDSHIP DISTRICT                 | CUSIP: 51265KBA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1837231.99   | 0.25%             | 2037-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LANTERNS MET DIST NO 3 COLO                                                      | LANTERNS MET DIST #3 CO LANTERNS METROPOLITAN DISTRICT NO 3                       | CUSIP: 51654GAA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2386048.52   | 0.32%             | 2053-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 817                                               | LAS VEGAS NV SPL ASSMNT DIST # CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779BAN7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $263834.00    | 0.04%             | 2048-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 612                                               | LAS VEGAS NV SPL IMPT DIST #61 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778WAQ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    185000 | PA      | $171131.23    | 0.02%             | 2035-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 611                                               | LAS VEGAS NV SPL IMPT DIST #61 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778CAS5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    815000 | PA      | $690848.36    | 0.09%             | 2050-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 815                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778VAN4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    700000 | PA      | $708577.03    | 0.09%             | 2040-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 816                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779AAQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1045000 | PA      | $737048.22    | 0.10%             | 2051-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 812                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 517784AS3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    795000 | PA      | $795448.94    | 0.11%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 816                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779AAN9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    935000 | PA      | $739370.51    | 0.10%             | 2041-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 819                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779EAP6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    850000 | PA      | $862320.58    | 0.12%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 814                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51778UAS5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    670000 | PA      | $593895.04    | 0.08%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 819                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779EAM3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    325000 | PA      | $328166.93    | 0.04%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 818                                               | LAS VEGAS NV SPL IMPT DIST #81 CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT  | CUSIP: 51779DAP8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    700000 | PA      | $679485.87    | 0.09%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 613                                               | LAS VEGAS NV SPL IMPT DIST NO CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT   | CUSIP: 51779CAN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $500002.45    | 0.07%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 613                                               | LAS VEGAS NV SPL IMPT DIST NO CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT   | CUSIP: 51779CAM7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    375000 | PA      | $387817.73    | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 613                                               | LAS VEGAS NV SPL IMPT DIST NO CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT   | CUSIP: 51779CAP0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $505704.80    | 0.07%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH SR LIVING FACS REV                                  | LEES SUMMIT MO INDL DEV AUTH S LEES SUMMIT INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 524292BG3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2436019.75   | 0.33%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH SR LIVING FACS REV                                  | LEES SUMMIT MO INDL DEV AUTH S LEES SUMMIT INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 524292AR0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1844489.40   | 0.25%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV                                     | LEGATO CMNTY AUTH CO LTD TAX S LEGATO COMMUNITY AUTHORITY                         | CUSIP: 52473TAD7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1025000 | PA      | $860904.98    | 0.12%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV                                     | LEGATO CMNTY AUTH CO LTD TAX S LEGATO COMMUNITY AUTHORITY                         | CUSIP: 52473TAE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7335000 | PA      | $5768897.55   | 0.77%             | 2051-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LINCOLNWOOD ILL TAX INCREMENT ALLOCATION REV NT CTFS PARTN                       | LINCOLNWOOD IL TAX INCREMENT A VILLAGE OF LINCOLNWOOD IL                          | CUSIP: 53509AAA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    415000 | PA      | $412004.20    | 0.06%             | 2041-01-01      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| LINCOLNWOOD ILL TAX INCREMENT ALLOCATION REV NT CTFS PARTN                       | LINCOLNWOOD IL TAX INCREMENT A VILLAGE OF LINCOLNWOOD IL                          | CUSIP: 53509AAB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    700000 | PA      | $710497.76    | 0.10%             | 2043-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV                                 | LOUISIANA ST PUBLIC FACS AUTH LOUISIANA PUBLIC FACILITIES AUTHORITY               | CUSIP: 54640TAB5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1435481 | PA      | $14.35        | 0.00%             | 2039-07-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV                                 | LOUISIANA ST PUBLIC FACS AUTH LOUISIANA PUBLIC FACILITIES AUTHORITY               | CUSIP: 54640TAE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3473590 | PA      | $34.74        | 0.00%             | 2039-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV                                 | LOUISIANA ST PUBLIC FACS AUTHS LOUISIANA PUBLIC FACILITIES AUTHORITY              | CUSIP: 54640TAG4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1318659 | PA      | $13.19        | 0.00%             | 2024-07-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV                               | LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT       | CUSIP: 54844CAM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $501512.25    | 0.07%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV                               | LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT       | CUSIP: 54844CAN0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1700679.05   | 0.23%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV                               | LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT       | CUSIP: 54844CAL4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $501129.15    | 0.07%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                           | MAIN STREET NATURAL GAS INC GA MAIN STREET NATURAL GAS INC                        | CUSIP: 56035DJJ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5333474.50   | 0.71%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| MANHATTAN KANS HEALTH CARE FAC REV                                               | MANHATTAN KS HLTH CARE FAC REV CITY OF MANHATTAN KS                               | CUSIP: 563017EM0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1265650.81   | 0.17%             | 2060-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MANHATTAN KANS HEALTH CARE FAC REV                                               | MANHATTAN KS HLTH CARE FAC REV CITY OF MANHATTAN KS                               | CUSIP: 563017EL2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001276.60   | 0.13%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH EDL FACS REV                                    | MARICOPA CNTY AZ INDL DEV AUTH MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY   | CUSIP: 56678RAP8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1360110.08   | 0.18%             | 2053-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV                                      | MARYLAND ST DEPT OF TRANSPRTN STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION      | CUSIP: 57421FBW6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3151108.50   | 0.42%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP PORT FACS REV                                      | MARYLAND ST ECON DEV CORP POLL MARYLAND ECONOMIC DEVELOPMENT CORP                 | CUSIP: 57421HAB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046953.60   | 0.14%             | 2048-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP SPL OBLIG                                          | MARYLAND ST ECON DEV CORP SPL MARYLAND ECONOMIC DEVELOPMENT CORP                  | CUSIP: 57422FAF3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    875000 | PA      | $732569.95    | 0.10%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP SPL OBLIG                                          | MARYLAND ST ECON DEV CORP SPL MARYLAND ECONOMIC DEVELOPMENT CORP                  | CUSIP: 57422FAE6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    875000 | PA      | $820663.73    | 0.11%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH & HGR EDUCTNL MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AU | CUSIP: 57421CHU1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5225105.50   | 0.70%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YQ51<br>LEI: N/A | Long             | DBT              | MUN               | US        |    910000 | PA      | $724056.52    | 0.10%             | 2056-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584XPY1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4905000 | PA      | $4727275.66   | 0.63%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                 | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YQ44<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2847884.55   | 0.38%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MATAGORDA CNTY TEX NAV DIST NO 1 REV                                             | MATAGORDA CNTY TX NAV DISRICT MATAGORDA COUNTY NAVIGATION DISTRICT NO 1           | CUSIP: 57652TAV9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1569849.45   | 0.21%             | 2028-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MATTESON ILL TAX INCREMENT REV                                                   | MATTESON IL TAX INCR REVENUE VILLAGE OF MATTESON IL                               | CUSIP: 577117AQ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $764853.75    | 0.10%             | 2035-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV                       | MET GOVT NASHVILLE & DAVIDSONC METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNT | CUSIP: 592041YU5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4263795.00   | 0.57%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AK71<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2650861.50   | 0.35%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AG35<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001825.00   | 0.27%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y REV                                                 | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY               | CUSIP: 59261AH34<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2516048.82   | 0.34%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA AVIATION REV                                                 | MIAMI-DADE CNTY FL AVIATION RE COUNTY OF MIAMI-DADE FL AVIATION REVENUE           | CUSIP: 59333P4D7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010406.20   | 0.27%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA INDL DEV AUTH INDL DEV REV                                   | MIAMI-DADE CNTY FL INDL DEV AU MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 59333ECR2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2479789.75   | 0.33%             | 2044-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA INDL DEV AUTH INDL DEV REV                                   | MIAMI-DADE CNTY FL INDL DEV AU MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 59333EDK6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1605884.84   | 0.21%             | 2035-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                  | MICHIGAN ST FIN AUTH LTD OBLIG MICHIGAN FINANCE AUTHORITY                         | CUSIP: 594479AJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3678338.25   | 0.49%             | 2040-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MICHIGAN PUB EDL FACS AUTH REV                                                   | MICHIGAN ST PUBLIC EDUCTNL FAC MICHIGAN PUBLIC EDUCATIONAL FACILITIES AUTHORITY   | CUSIP: 594569AR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1359999.73   | 0.18%             | 2030-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                           | MICHIGAN ST STRATEGIC FUND LTD MICHIGAN STRATEGIC FUND                            | CUSIP: 594698SL7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    895000 | PA      | $815919.50    | 0.11%             | 2041-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MINERAL BUSINESS IMPT DIST COLO LTD TAX & SPL REV                                | MINERAL BUSINESS IMP DIST CO L MINERAL BUSINESS IMPROVEMENT DISTRICT              | CUSIP: 60284AAA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257948.00   | 0.17%             | 2054-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MINNEAPOLIS MINN STUDENT HSG REV                                                 | MINNEAPOLIS MN STUDENT HSG REV CITY OF MINNEAPOLIS MN                             | CUSIP: 60379NCK0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1497450.56   | 0.20%             | 2043-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN STUDENT HSG REV                                                 | MINNEAPOLIS MN STUDENT HSG REV CITY OF MINNEAPOLIS MN                             | CUSIP: 60379NCL8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $457915.15    | 0.06%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV                              | MINNEAPOLIS-SAINT PAUL MN MET MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSI  | CUSIP: 603827Q58<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1606981.20   | 0.22%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV                               | MOBILE CNTY AL INDL DEV AUTH S MOBILE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY     | CUSIP: 60733UAA9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954411.00    | 0.13%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY FLA ARPT REV                                                         | MONROE CNTY FL ARPT REVENUE COUNTY OF MONROE FL AIRPORT REVENUE                   | CUSIP: 610466AW4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $738297.08    | 0.10%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORTON GROVE ILL TAX INCREMENT REV                                               | MORTON GROVE IL TAX INCREMENT VILLAGE OF MORTON GROVE IL TAX INCREMENT REVENUE    | CUSIP: 619295AB4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999906.00   | 0.27%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORTON GROVE ILL TAX INCREMENT REV                                               | MORTON GROVE IL TAX INCREMENT VILLAGE OF MORTON GROVE IL TAX INCREMENT REVENUE    | CUSIP: 619295AA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    535000 | PA      | $534860.69    | 0.07%             | 2029-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MULTNOMAH CNTY ORE HOSP FACS AUTH REV                                            | MULTNOMAH CNTY OR HOSP FACS AU HOSPITAL FACILITIES AUTHORITY OF MULTNOMAH COUNTY  | CUSIP: 62551PDA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1538966.40   | 0.21%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MULTNOMAH CNTY ORE HOSP FACS AUTH REV                                            | MULTNOMAH CNTY OR HOSP FACS AU HOSPITAL FACILITIES AUTHORITY OF MULTNOMAH COUNTY  | CUSIP: 62551PCY1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1134524.69   | 0.15%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUSKINGUM CNTY OHIO HOSP FACS REV                                                | MUSKINGUM CNTY OH HOSP FACS COUNTY OF MUSKINGUM OH                                | CUSIP: 628077CK3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $239642.43    | 0.03%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH TEX TWY AUTH REV                                                           | N TX TOLLWAY AUTH REVENUE NORTH TEXAS TOLLWAY AUTHORITY                           | CUSIP: 66285WHF6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $6013593.50   | 0.80%             | 2043-09-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN DEV & HSG AGY TENN TAX INCREMENT DEV REV                            | NASHVILLE MET DEV & HSG AGY TN NASHVILLE METROPOLITAN DEVELOPMENT & HOUSING AGENC | CUSIP: 591874AB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2839217.74   | 0.38%             | 2036-06-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN DEV & HSG AGY TENN TAX INCREMENT DEV REV                            | NASHVILLE MET DEV & HSG AGY TN NASHVILLE METROPOLITAN DEVELOPMENT & HOUSING AGENC | CUSIP: 591874AA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    305000 | PA      | $307747.38    | 0.04%             | 2028-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| NASSAU CNTY N Y ESCROW                                                           | NASSAU CNTY N Y ESCROW PROCEEDS FOR FUTURE CASH CONSIDERATION                     | CUSIP: 631ESCAA8<br>LEI: N/A | Long             | EC               |  | US        |   4357851 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5615000 | PA      | $4613712.42   | 0.62%             | 2045-07-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAF7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $500600.05    | 0.07%             | 2046-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H REV                                                        | NATIONAL FIN AUTH NH REVENUE NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY             | CUSIP: 63607YAG5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1244347.50   | 0.17%             | 2054-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UHG2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1157761.24   | 0.15%             | 2060-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UBB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3420515.76   | 0.46%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UFR0<br>LEI: N/A | Long             | DBT              | MUN               | US        |  14741772 | PA      | $6339258.27   | 0.85%             | 2061-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UBC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1177720.63   | 0.16%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UFQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3385000.00   | 0.45%             | 2036-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                        | NEW HOPE CULTURAL ED FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR  | CUSIP: 64542UFP4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    545000 | PA      | $545000.00    | 0.07%             | 2037-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX ED REV                                    | NEW HOPE CULTURAL EDU FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR | CUSIP: 64542QBN2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4422293.23   | 0.59%             | 2040-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX ED REV                                    | NEW HOPE CULTURAL EDU FACS FIN NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR | CUSIP: 64542QCJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4385000 | PA      | $3366920.96   | 0.45%             | 2051-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH ST LEASE REV                                        | NEW JERSEY ST ECON DEV AUTH NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY             | CUSIP: 64578EKB2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1240319.82   | 0.17%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH ST LEASE REV                                        | NEW JERSEY ST ECON DEV AUTH NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY             | CUSIP: 64578EKA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1176013.61   | 0.16%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                 | NEW JERSEY ST ECON DEV AUTH RE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577XBA3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1113196.37   | 0.15%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                 | NEW JERSEY ST ECON DEV AUTH RE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577XEG7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    370000 | PA      | $397526.04    | 0.05%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV                                         | NEW JERSEY ST ECON DEV AUTH SP NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578CBW0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001726.20   | 0.13%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV                                         | NEW JERSEY ST ECON DEV AUTH SP NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578CAH4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    530000 | PA      | $530687.68    | 0.07%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUST NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY      | CUSIP: 646136Y39<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4245000 | PA      | $4248193.94   | 0.57%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUST NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY      | CUSIP: 6461365J6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3534968.50   | 0.47%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUSTF NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY     | CUSIP: 64613CFG8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    645000 | PA      | $654657.07    | 0.09%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUSTF NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY     | CUSIP: 64613CFD5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1494909.07   | 0.20%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUSTF NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY     | CUSIP: 64613CFC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    355000 | PA      | $381410.12    | 0.05%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                  | NEW JERSEY ST TRANSPRTN TRUSTF NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY     | CUSIP: 64613CFH6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2605000 | PA      | $2554072.25   | 0.34%             | 2049-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP REV                                               | NEW YORK CITY NY HSG DEV CORP NEW YORK CITY HOUSING DEVELOPMENT CORP              | CUSIP: 64966WHK6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995702.40    | 0.13%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP REV                                               | NEW YORK CITY NY HSG DEV CORP NEW YORK CITY HOUSING DEVELOPMENT CORP              | CUSIP: 64966WHH3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008866.20   | 0.27%             | 2043-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP REV                                               | NEW YORK CITY NY HSG DEV CORP NEW YORK CITY HOUSING DEVELOPMENT CORP              | CUSIP: 64966WHJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2965777.20   | 0.40%             | 2048-08-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV                                     | NEW YORK ST DORM AUTH ST PERSO NEW YORK STATE DORMITORY AUTHORITY                 | CUSIP: 64990KGU1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5204412.50   | 0.70%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEV CORP LIBERTY REV                                            | NEW YORK ST LIBERTY DEV CORP L NEW YORK LIBERTY DEVELOPMENT CORP                  | CUSIP: 649519DH5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934223.20    | 0.13%             | 2069-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116CV6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1278739.25   | 0.17%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116CP9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5089290.50   | 0.68%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116JP2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4487852.53   | 0.60%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116CZ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    800000 | PA      | $811067.36    | 0.11%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116GY6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067213.80   | 0.28%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116BN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    535000 | PA      | $535564.53    | 0.07%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP SPL FAC REV                                             | NEW YORK ST TRANSPRTN DEV CORP NEW YORK TRANSPORTATION DEVELOPMENT CORP           | CUSIP: 650116GN0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1653109.05   | 0.22%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX ED REV                                             | NEWARK HGR EDU FIN CORP TX EDU NEWARK HIGHER EDUCATION FINANCE CORP               | CUSIP: 650346GN3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970265.70    | 0.13%             | 2059-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEWLIN CROSSING MET DIST COLO                                                    | NEWLIN CROSSING MET DIST CO NEWLIN CROSSING METROPOLITAN DISTRICT                 | CUSIP: 65152HAA9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3435000 | PA      | $3428980.85   | 0.46%             | 2054-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV                                | NORTH CAROLINA ST MED CARE COM NORTH CAROLINA MEDICAL CARE COMMISSION             | CUSIP: 65820YSD9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $203303.75    | 0.03%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH RANGE MET DIST NO 3 COLO                                                   | NORTH RANGE MET DIST #3 CO NORTH RANGE METROPOLITAN DISTRICT NO 3                 | CUSIP: 66176NAB4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3010008.30   | 0.40%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV                                     | OHIO ST AIR QUALITY DEV AUTH E OHIO AIR QUALITY DEVELOPMENT AUTHORITY             | CUSIP: 67754AAD6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3555000 | PA      | $3558175.33   | 0.48%             | 2038-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| OHIO HSG FIN AGY MULTIFAMILY HSG REV                                             | OHIO ST HSG FIN AGY MF HSG REV OHIO HOUSING FINANCE AGENCY                        | CUSIP: 676900XS7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3480438.68   | 0.47%             | 2045-01-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| OKALOOSA CNTY FLA INDL DEV REV                                                   | OKALOOSA CNTY FL INDL DEV REVE COUNTY OF OKALOOSA FL                              | CUSIP: 678226AC5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012831.80   | 0.14%             | 2055-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| OKLAHOMA CNTY OKLA FIN AUTH REV                                                  | OKLAHOMA CNTY OK FIN AUTH REVE OKLAHOMA COUNTY FINANCE AUTHORITY                  | CUSIP: 67868NCH0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3489634 | PA      | $1891740.71   | 0.25%             | 2047-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OKLA FIN AUTH REV                                                  | OKLAHOMA CNTY OK FIN AUTH REVE OKLAHOMA COUNTY FINANCE AUTHORITY                  | CUSIP: 67868NCJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    718052 | PA      | $36275.84     | 0.00%             | 2047-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH HEALTH SYS REV                                             | OKLAHOMA ST DEV FIN AUTH HLTHS OKLAHOMA DEVELOPMENT FINANCE AUTHORITY             | CUSIP: 67884XCH8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984278.10    | 0.13%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEIDA INDIAN NATION N Y TAX REV                                                 | ONEIDA INDIAN NATION NY TAX RE ONEIDA INDIAN NATION OF NEW YORK                   | CUSIP: 682504AC9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078131.70   | 0.14%             | 2043-09-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ONONDAGA N Y CIVIC DEV CORP REV                                                  | ONONDAGA NY CIVIC DEV CORP ONONDAGA CIVIC DEVELOPMENT CORP                        | CUSIP: 682832KJ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1085879.63   | 0.15%             | 2054-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST SPL TAX                                        | ORANGE CNTY CA CMNTY FACS DIST ORANGE COUNTY COMMUNITY FACILITIES DISTRICT        | CUSIP: 68423PZK9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3243357.76   | 0.43%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA EDL FACS AUTH REV                                            | PALM BEACH CNTY FL EDUCTNL FAC PALM BEACH COUNTY EDUCATIONAL FACILITIES AUTHORITY | CUSIP: 696506AX2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    845000 | PA      | $839045.79    | 0.11%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARTERRE MET DIST NO 5 COLO                                                      | PARTERRE MET DIST #5 CO PARTERRE METROPOLITAN DISTRICT NO 5                       | CUSIP: 70211AAC9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1572463.80   | 0.21%             | 2055-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PAYNE CNTY OKLA ECONOMIC DEV AUTH REV                                            | PAYNE CNTY OK ECON DEV AUTH RE PAYNE COUNTY ECONOMIC DEVELOPMENT AUTHORITY        | CUSIP: 704387AE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1663668 | PA      | $10148.37     | 0.00%             | 2036-11-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PAYNE CNTY OKLA ECONOMIC DEV AUTH REV                                            | PAYNE CNTY OK ECON DEV AUTH RE PAYNE COUNTY ECONOMIC DEVELOPMENT AUTHORITY        | CUSIP: 704387AF6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3843073 | PA      | $23442.74     | 0.00%             | 2046-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV                         | PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR  | CUSIP: 70868YAV1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    625000 | PA      | $653936.56    | 0.09%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH ED REV                                                | PHOENIX AZ INDL DEV AUTH EDU R INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PH | CUSIP: 71885FDV6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3194089.14   | 0.43%             | 2045-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PIMA CNTY ARIZ INDL DEV AUTH ED REV                                              | PIMA CNTY AZ INDL DEV AUTH EDU INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF  | CUSIP: 72177MPT8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500893.55   | 0.20%             | 2043-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                                              | PORT AUTH OF NEW YORK & NEW JE PORT AUTHORITY OF NEW YORK & NEW JERSEY            | CUSIP: 73358W5T7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1771943.60   | 0.24%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT OF BEAUMONT NAVIGATION DISTRICT               | CUSIP: 73360CAL8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $825251.10    | 0.11%             | 2036-01-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT OF BEAUMONT NAVIGATION DISTRICT               | CUSIP: 73360CAR5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $238442.88    | 0.03%             | 2054-01-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT OF BEAUMONT NAVIGATION DISTRICT               | CUSIP: 73360CAM6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $184635.55    | 0.02%             | 2041-01-01      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV                                  | PORT BEAUMONT TX NAV DIST DOCK PORT OF BEAUMONT NAVIGATION DISTRICT               | CUSIP: 73360CAS3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011687.10   | 0.40%             | 2026-07-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| PORT PORTLAND ORE ARPT REV                                                       | PORT OF PORTLAND OR ARPT REVEN PORT OF PORTLAND OR AIRPORT REVENUE                | CUSIP: 7352402R3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1801118.20   | 0.24%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POUDRE HEIGHTS VY MET DIST COLO                                                  | POUDRE HEIGHTS VLY MET DIST CO POUDRE HEIGHTS VALLEY METROPOLITAN DISTRICT        | CUSIP: 73856AAA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    975000 | PA      | $920287.58    | 0.12%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD SPL OBLIG                                                 | PRINCE GEORGES CNTY MD SPL OBL COUNTY OF PRINCE GEORGE'S MD                       | CUSIP: 74172RBQ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1988037.20   | 0.27%             | 2048-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD SPL OBLIG                                                 | PRINCE GEORGES CNTY MD SPL OBL COUNTY OF PRINCE GEORGE'S MD                       | CUSIP: 74172RBP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005640.10   | 0.13%             | 2039-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS TAX INCREMENT REV                                            | PUB FIN AUTH WI TAX INCREMENT PUBLIC FINANCE AUTHORITY                            | CUSIP: 74448EAA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $508066.20    | 0.07%             | 2041-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EGU8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1419583.55   | 0.19%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EMR8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2247246.00   | 0.30%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EBJ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001711.50   | 0.40%             | 2036-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EAN0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3499962.55   | 0.47%             | 2044-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS ED REV                                                       | PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442EAM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1845973.98   | 0.25%             | 2034-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS HOTEL REV                                                    | PUBLIC FIN AUTH WI HOTEL REVEN PUBLIC FINANCE AUTHORITY                           | CUSIP: 74447DAD9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2427329.75   | 0.32%             | 2062-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS RETIREMENT FAC REV                                           | PUBLIC FIN AUTH WI RETMNT FAC PUBLIC FINANCE AUTHORITY                            | CUSIP: 74444VAV2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1575715.21   | 0.21%             | 2045-03-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS RETIREMENT FAC REV                                           | PUBLIC FIN AUTH WI RETMNT FAC PUBLIC FINANCE AUTHORITY                            | CUSIP: 74444VAW0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    835000 | PA      | $747149.32    | 0.10%             | 2055-03-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PZX6<br>LEI: N/A | Long             | DBT              | MUN               | US        |     50000 | PA      | $53425.98     | 0.01%             | 2032-04-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PZR9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    100000 | PA      | $109077.79    | 0.01%             | 2030-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PZU2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1180650.46   | 0.16%             | 2040-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PCR4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4625000 | PA      | $4628837.36   | 0.62%             | 2036-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PZV0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1457648.80   | 0.20%             | 2050-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PTL9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2105435.40   | 0.28%             | 2056-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PAV7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1580476.84   | 0.21%             | 2038-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PTG0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3290000 | PA      | $2657867.95   | 0.36%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PTF2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $496360.44    | 0.07%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PAU9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000001.80   | 0.40%             | 2045-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PZY4<br>LEI: N/A | Long             | DBT              | MUN               | US        |     60000 | PA      | $64111.17     | 0.01%             | 2032-04-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                                          | PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY                               | CUSIP: 74442PCP8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3259621.20   | 0.44%             | 2036-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                              | PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO                                    | CUSIP: 74514L4C8<br>LEI: N/A | Long             | DBT              | MUN               | PR        |   5684581 | PA      | $3716295.08   | 0.50%             | 2051-11-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPX7<br>LEI: N/A | Long             | DBT              | MUN               | PR        |   5167000 | PA      | $4974556.12   | 0.67%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JRK3<br>LEI: N/A | Long             | DBT              | MUN               | PR        |     31000 | PA      | $28079.77     | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JRL1<br>LEI: N/A | Long             | DBT              | MUN               | PR        |   5771000 | PA      | $5387992.00   | 0.72%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPW9<br>LEI: N/A | Long             | DBT              | MUN               | PR        |    876000 | PA      | $825685.71    | 0.11%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                                    | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPU3<br>LEI: N/A | Long             | DBT              | MUN               | PR        |  10005000 | PA      | $10005169.08  | 1.34%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE MET DIST NO 5 COLO LTD TAX SUPPORTED & SPL REV                     | RAMPART RANGE CO MET DIST #5 RAMPART RANGE METROPOLITAN DISTRICT NO 5             | CUSIP: 75157WAC6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3725000 | PA      | $2990559.63   | 0.40%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RED BARN MET DIST COLO                                                           | RED BARN MET DIST CO RED BARN METROPOLITAN DISTRICT                               | CUSIP: 75633SAB1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1808648.10   | 0.24%             | 2055-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO PRIVATE ACTIVITY REV                                   | REGL CO TRANSPRTN DIST PRIV AC REGIONAL TRANSPORTATION DISTRICT                   | CUSIP: 759151BW2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $486583.30    | 0.07%             | 2040-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RENO NEV SALES TAX REV                                                           | RENO NV SALES TAX REVENUE CITY OF RENO NV                                         | CUSIP: 759861EJ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |  12000000 | PA      | $1888927.20   | 0.25%             | 2058-07-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| RENO NEV SPL ASSMT                                                               | RENO NV SPL ASSMNT CITY OF RENO NV                                                | CUSIP: 759865CF3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    850000 | PA      | $836185.12    | 0.11%             | 2054-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SOUTHWESTERN ILL DEV AUTH REV                                                    | S WSTRN IL DEV AUTH REV SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY               | CUSIP: 84552YHC8<br>LEI: N/A | Long             | DBT              | MUN               | US        |     75000 | PA      | $56507.59     | 0.01%             | 2031-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ST LOUIS CNTY MO INDL DEV AUTH SR LIVING FACS REV                                | SAINT LOUIS CNTY MO INDL DEV A ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY   | CUSIP: 791524CP4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1939084.40   | 0.26%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ST LOUIS MO INDL DEV AUTH TAX INCREMENT FING REV                                 | SAINT LOUIS MO INDL DEV AUTH T INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST | CUSIP: 85233LAG8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1461176.47   | 0.20%             | 2036-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ST LOUIS MO INDL DEV AUTH TAX INCREMENT FING REV                                 | SAINT LOUIS MO INDL DEV AUTH T INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST | CUSIP: 85233LAH6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3282897.48   | 0.44%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UTAH ARPT REV                                                     | SALT LAKE CITY UT ARPT REVENUE CITY OF SALT LAKE CITY UT AIRPORT REVENUE          | CUSIP: 795576MB0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $777295.05    | 0.10%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY INFRASTRUCTURE & REVITALIZATION FING DIST NO 1   | SAN FRANCISCO CA CITY & CNTY I CITY & COUNTY SAN FRANCISCO CA INFRASTRUCTURE & RE | CUSIP: 79773NAD0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1280566.58   | 0.17%             | 2052-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV                        | SAN FRANCISCO CA CITY &CNTY AR SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANC | CUSIP: 79766DWW5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2126399.60   | 0.28%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY CMNTY FACS DIST NO 2016-1 IMPT AREA NO 2 SPL TAX | SAN FRANCISCO CITY & CNTY CA C CITY & COUNTY OF SAN FRANCISCO CA COMMUNITY FACILI | CUSIP: 79773LAB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2111047.20   | 0.28%             | 2042-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SANGER TX INDL DEV CORP DEV RE                                                   | SANGER TX INDL DEV CORP DEV RE SANGER INDUSTRIAL DEVELOPMENT CORP                 | CUSIP: 800888AC3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4950000 | PA      | $0.00         | 0.00%             | 2038-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SCHAUMBURG COOK & DUPAGE CNTYS ILL TAX INCREMENT REV NT CTFS PARTN               | SCHAUMBURG COOK & DUPAGE CNTYS SCHAUMBURG COOK & DUPAGE COUNTIES IL               | CUSIP: 806345AA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3018159.30   | 0.40%             | 2038-12-30      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                              | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A | Long             | STIV             | RF                | US        |   2504837 | NS      | $2504836.52   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SENAC SOUTH MET DIST NO 1 COLO                                                   | SENAC SOUTH MET DIST #1 CO SENAC SOUTH METROPOLITAN DISTRICT NO 1                 | CUSIP: 81685AAA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4772492.00   | 0.64%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA ARIZ INDL DEV AUTH ED FAC REV                                       | SIERRA VISTA AZ INDL DEV AUTH SIERRA VISTA INDUSTRIAL DEVELOPMENT AUTHORITY       | CUSIP: 82652UAF9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5405336.28   | 0.72%             | 2053-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH HEALTH CARE FACS REV                       | SOUTH CAROLINA ST JOBS-ECON DE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY | CUSIP: 837032BY6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5171263.25   | 0.69%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CHARLESTON W VA SPL DIST EXCISE TAX                                        | SOUTH CHARLESTON WV SPL DIST E CITY OF SOUTH CHARLESTON WV                        | CUSIP: 837323AA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2158817.39   | 0.29%             | 2042-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV                            | SOUTHEAST ENERGY AUTHORITY A C SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT  | CUSIP: 84136HCT8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3223034.40   | 0.43%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHGLENN MET DIST COLO SPL REV                                                 | SOUTHGLENN CO MET DIST SPL REV SOUTHGLENN METROPOLITAN DISTRICT                   | CUSIP: 84437RAG2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1551000 | PA      | $1472836.11   | 0.20%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING HILL MET DIST NO 3 COLO                                                   | SPRING HILL MET DIST NO 3 CO SPRING HILL METROPOLITAN DISTRICT NO 3               | CUSIP: 84966NAA3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $506264.85    | 0.07%             | 2052-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| STERLING RANCH CMNTY AUTH BRD COLO SUPPORTED REV                                 | STERLING RANCH CMNTY AUTH BRD STERLING RANCH COMMUNITY AUTHORITY BOARD            | CUSIP: 85950NAW0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036082.70   | 0.14%             | 2054-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV                                      | SUFFOLK REGL OFF-TRACK BETTING SUFFOLK REGIONAL OFF-TRACK BETTING CORP            | CUSIP: 86480TAC8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014765.90   | 0.14%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV                    | TARRANT CNTY TX CULTURAL EDU F TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN | CUSIP: 87638RHM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3280000 | PA      | $2591200.00   | 0.35%             | 2052-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV                    | TARRANT CNTY TX CULTURAL EDU F TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN | CUSIP: 87638RHV2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2982947 | PA      | $298.29       | 0.00%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV                    | TARRANT CNTY TX CULTURAL EDU F TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN | CUSIP: 87638RHT7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5720000 | PA      | $4518800.00   | 0.60%             | 2048-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TEMPE ARIZ INDL DEV AUTH REV                                                     | TEMPE AZ INDL DEV AUTH REVENUE TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY             | CUSIP: 87972MAY8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1200000 | PA      | $771864.24    | 0.10%             | 2052-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| TERRE HAUTE IND REV                                                              | TERRE HAUTE IN REVENUE CITY OF TERRE HAUTE IN                                     | CUSIP: 881093AS7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2355000 | PA      | $1919865.00   | 0.26%             | 2039-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT OF HSG & CMNTY AFFAIRS SINGLE FAMILY REV                           | TEXAS ST DEPT OF HSG & CMNTY A TEXAS DEPARTMENT OF HOUSING & COMMUNITY AFFAIRS    | CUSIP: 88275FQA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1886646.36   | 0.25%             | 2043-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSN COMMN ST HWY 249 SYS TOLL REV                                       | TEXAS ST TRANSPRTN COMMISSION TEXAS TRANSPORTATION COMMISSION STATE HIGHWAY 249   | CUSIP: 88283NAF9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $641574.80    | 0.09%             | 2036-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV BRD REV                                                            | TEXAS WTR DEV BRD REVENUE TEXAS WATER DEVELOPMENT BOARD                           | CUSIP: 88285AGB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4768217.00   | 0.64%             | 2054-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TR FD P R TOB SETTLEMENT REV                                           | THE CHILDRENS TRUST FUND PR TO CHILDREN'S TRUST FUND                              | CUSIP: 16876QBL2<br>LEI: N/A | Long             | DBT              | MUN               | PR        |  25000000 | PA      | $1182855.00   | 0.16%             | 2057-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TR FD P R TOB SETTLEMENT REV                                           | THE CHILDRENS TRUST FUND PR TO CHILDREN'S TRUST FUND                              | CUSIP: 16876QBG3<br>LEI: N/A | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $2024130.60   | 0.27%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE IS                                            | TOBACCO SETTLEMENT FING CORP R TOBACCO SETTLEMENT FINANCING CORP/RI               | CUSIP: 888809AJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |  21270000 | PA      | $2988222.30   | 0.40%             | 2052-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TUSCALOOSA CNTY ALA INDL DEV GULF OPPORTUNITY ZONE                               | TUSCALOOSA CNTY AL INDL DEV AU TUSCALOOSA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 90068FAZ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006289.20   | 0.40%             | 2044-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| UNIVERSITY CITY MO INDL DEV AUTH TAX INCREMENT & SPL DIST REV                    | UNIV CITY MO INDL DEV AUTH TAX UNIVERSITY CITY INDUSTRIAL DEVELOPMENT AUTHORITY   | CUSIP: 91414PAA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1621117.29   | 0.22%             | 2036-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY WIS HOSPS & CLINICS AUTH REV                                          | UNIV HOSPS & CLINICS AUTH WI UNIVERSITY OF WISCONSIN HOSPITALS & CLINICS          | CUSIP: 915260EU3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2995000 | PA      | $2716201.74   | 0.36%             | 2051-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY KANS HOSP AUTH HEALTH FACS REV                                        | UNIV OF KANSAS KS HOSP AUTH HL UNIVERSITY OF KANSAS HOSPITAL AUTHORITY            | CUSIP: 914367HJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1350445.82   | 0.18%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UPPER ILL RIV VY DEV AUTH REV                                                    | UPPER IL RIVER VLY DEV AUTH UPPER ILLINOIS RIVER VALLEY DEVELOPMENT AUTHORITY     | CUSIP: 91588TBT1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004151.60   | 0.27%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV                                     | UTAH ST CHRT SCH FIN AUTH CHRT UTAH CHARTER SCHOOL FINANCE AUTHORITY              | CUSIP: 91754TC76<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3710000 | PA      | $3230398.28   | 0.43%             | 2055-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VERMILION CREEK MET DIST NO 3 COLO                                               | VERMILION CREEK MET DIST #3 CO VERMILION CREEK METROPOLITAN DISTRICT NO 3         | CUSIP: 923722AA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3502813.95   | 0.47%             | 2055-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VILLA PK ILL LTD OBLIG TAX INCREMENT REV                                         | VILLA PARK IL LIMITED OBLIG TA VILLAGE OF VILLA PARK IL                           | CUSIP: 927023AA9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1554057.29   | 0.21%             | 2038-12-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 15 FLA SPL ASSMT REV                                   | VILLAGE CDD NO 15 SPL ASSMNT R VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15       | CUSIP: 92708KAK3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960055.60    | 0.13%             | 2055-05-01      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 15 FLA SPL ASSMT REV                                   | VILLAGE CDD NO 15 SPL ASSMNT R VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15       | CUSIP: 92708KAJ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    495000 | PA      | $477760.64    | 0.06%             | 2044-05-01      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH RESIDENTIAL CARE FAC REV                              | VIRGINIA BEACH VA DEV AUTH RSD VIRGINIA BEACH DEVELOPMENT AUTHORITY               | CUSIP: 92774NBB5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3292407.90   | 0.44%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE AT DRY CREEK MET DIST NO 2 COLO                                          | VLG AT DRY CREEK MET DIST NO 2 VILLAGE AT DRY CREEK METROPOLITAN DISTRICT NO 2/TH | CUSIP: 92705AAA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    624000 | PA      | $613560.23    | 0.08%             | 2044-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 16 FLA SPL ASSMT REV                                   | VLG CDD #16 FL SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 16       | CUSIP: 92708MAE3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999288.30    | 0.13%             | 2056-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 14 FLA SPL ASSMT REV                                   | VLG FL CDD #14 SPL ASSMNT REVE VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 14       | CUSIP: 92708JAD2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2473435.62   | 0.33%             | 2042-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY PA REDEV AUTH REV                                                | WASHINGTON CNTY PA REDEV AUTH REDEVELOPMENT AUTHORITY OF THE COUNTY OF WASHINGTO  | CUSIP: 938618AD7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1240951.22   | 0.17%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                          | WASHINGTON ST HLTH CARE FACS A WASHINGTON HEALTH CARE FACILITIES AUTHORITY        | CUSIP: 93978HVT9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2715000 | PA      | $2462156.67   | 0.33%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV                                    | WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 939783ZB5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3611570.00   | 0.48%             | 2055-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV                                    | WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 939783WL6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1509313.41   | 0.20%             | 2048-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WATER VY MET DIST NO 002 COLO                                                    | WATER VLY CO MET DIST #2 WATER VALLEY METROPOLITAN DISTRICT NO 02                 | CUSIP: 94114PAM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $236876.08    | 0.03%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST FALLS CMNTY DEV AUTH VA REV                                                 | WEST FALLS CMNTY DEV AUTH VA R WEST FALLS COMMUNITY DEVELOPMENT AUTHORITY         | CUSIP: 952715AA8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2136386.70   | 0.29%             | 2052-09-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET BKD   | WESTCHESTER NY TOBACCO ASSET S WESTCHESTER TOBACCO ASSET SECURITIZATION CORP      | CUSIP: 957480BR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2487844.83   | 0.33%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET BKD   | WESTCHESTER NY TOBACCO ASSET S WESTCHESTER TOBACCO ASSET SECURITIZATION CORP      | CUSIP: 957480BU9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5996595.50   | 0.80%             | 2051-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WESTCREEK MET DIST NO 2 COLO                                                     | WESTCREEK MET DIST #2 CO WESTCREEK METROPOLITAN DISTRICT NO 2                     | CUSIP: 95752TAA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1263000 | PA      | $1247899.45   | 0.17%             | 2048-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REV                                                          | WESTMINSTER MD PROJ REVENUE CITY OF WESTMINSTER MD                                | CUSIP: 960735AR9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $750380.40    | 0.10%             | 2039-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REV                                                          | WESTMINSTER MD PROJ REVENUE CITY OF WESTMINSTER MD                                | CUSIP: 960735AQ1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1115865.57   | 0.15%             | 2034-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REV                                                          | WESTMINSTER MD PROJ REVENUE CITY OF WESTMINSTER MD                                | CUSIP: 960735AS7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1780399.61   | 0.24%             | 2044-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712JEE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1853244.72   | 0.25%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712DGC4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3541865.60   | 0.47%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712JJU8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1371575.27   | 0.18%             | 2044-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV                                          | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | CUSIP: 97712JED1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    540000 | PA      | $447446.32    | 0.06%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOOD RANCH PUB INFRASTRUCTURE DIST UTAH SPL ASSMT                                | WOOD RANCH PUB INFRASTRUCTURE WOOD RANCH PUBLIC INFRASTRUCTURE DISTRICT           | CUSIP: 97850AAA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    959436 | PA      | $967741.22    | 0.13%             | 2053-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| WYANDOTTE CNTY KANS CITY KANS UNI GOVT SPL OBLIG REV                             | WYANDOTTE CNTY KS KANSAS CITY WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT     | CUSIP: 98267VDD2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4080000 | PA      | $3920488.73   | 0.52%             | 2032-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WYNDHAM MET DIST NO 2 COLO                                                       | WYNDHAM HILL CO MET DIST #2 WYNDHAM HILL METROPOLITAN DISTRICT NO 2               | CUSIP: 98310UAV4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1368430.50   | 0.18%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** City National Rochdale Funds

**Signature:** Faria Adam

**Name of Signer:** Faria Adam

**Title:** Compliance