# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0001145549-25-049500
**Filing Date:** 2025-7
**Character Count:** 24439
**Document Hash:** 8f1d7f2b7c90ef666d38e694c6823213
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049500.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001145549-25-049500

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB FUND, INC.
- **CENTRAL INDEX KEY:** 0000831114

**ORGANIZATION NAME:**
- **EIN:** 510312196
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05518
- **FILM NUMBER:** 251159263

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

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RBB FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FUND INC /DE/
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### Motley Fool Small-Cap Growth ETF (Series ID: S000063392)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000205459 | Motley Fool Small-Cap Growth ETF | TMFS            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Motley Fool Small-Cap Growth ETF** | **Motley Fool Small-Cap Growth ETF** | **Motley Fool Small-Cap Growth ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 94.3%** | **Shares** | **Value**  |
| **Aerospace & Defense - 6.1%** | **Aerospace & Defense - 6.1%** | |
| Hexcel Corp. | 41826 | $2212177 |
| Leonardo DRS, Inc. | 60555 | 2561477 |
|  |  | 4773654 |
| **Air Freight & Logistics - 3.5%** | **Air Freight & Logistics - 3.5%** |  |
| GXO Logistics, Inc. <sup>(a)(b)</sup> | 67926 | 2794476 |
| **Automobile Components - 1.5%** | **Automobile Components - 1.5%** |  |
| Gentex Corp. | 54783 | 1181669 |
| **Banks - 3.6%** | **Banks - 3.6%** |  |
| Live Oak Bancshares, Inc. | 101910 | 2797430 |
| **Biotechnology - 4.3%** | **Biotechnology - 4.3%** |  |
| Blueprint Medicines Corp. <sup>(a)</sup> | 11748 | 1190660 |
| Ultragenyx Pharmaceutical, Inc. <sup>(a)</sup> | 65566 | 2231211 |
|  |  | 3421871 |
| **Building Products - 1.9%** | **Building Products - 1.9%** |  |
| Trex Co., Inc. <sup>(a)</sup> | 27458 | 1534079 |
| **Capital Markets - 5.1%** | **Capital Markets - 5.1%** |  |
| StoneX Group, Inc. <sup>(a)</sup> | 47941 | 4058445 |
| **Chemicals - 1.9%** | **Chemicals - 1.9%** |  |
| Eastman Chemical Co. | 18980 | 1487463 |
| **Diversified Consumer Services - 3.4%** | **Diversified Consumer Services - 3.4%** |  |
| Frontdoor, Inc. <sup>(a)</sup> | 48921 | 2691144 |
| **Electronic Equipment, Instruments & Components - 2.2%** | **Electronic Equipment, Instruments & Components - 2.2%** |  |
| IPG Photonics Corp. <sup>(a)(b)</sup> | 25908 | 1716664 |
| **Financial Services - 5.8%** | **Financial Services - 5.8%** |  |
| Toast, Inc. - Class A <sup>(a)</sup> | 107689 | 4542322 |
| **Ground Transportation - 2.2%** | **Ground Transportation - 2.2%** |  |
| RXO, Inc. <sup>(a)(b)</sup> | 112995 | 1754812 |
| **Health Care Equipment & Supplies - 12.4%** | **Health Care Equipment & Supplies - 12.4%** |  |
| Alphatec Holdings, Inc. <sup>(a)</sup> | 212120 | 2636652 |
| Globus Medical, Inc. - Class A <sup>(a)</sup> | 31252 | 1849493 |
| Penumbra, Inc. <sup>(a)</sup> | 9753 | 2603758 |
| UFP Technologies, Inc. <sup>(a)(b)</sup> | 11629 | 2723512 |
|  |  | 9813415 |
| **Health Care Providers & Services - 4.0%** | **Health Care Providers & Services - 4.0%** |  |
| HealthEquity, Inc. <sup>(a)</sup> | 31434 | 3162575 |
| **Industrial REITs - 2.3%** | **Industrial REITs - 2.3%** |  |
| STAG Industrial, Inc. | 50378 | 1792449 |
| **Insurance - 2.3%** | **Insurance - 2.3%** |  |
| Goosehead Insurance, Inc. - Class A <sup>(b)</sup> | 17006 | 1841070 |
| **Oil, Gas & Consumable Fuels - 3.4%** | **Oil, Gas & Consumable Fuels - 3.4%** |  |
| Northern Oil & Gas, Inc. <sup>(b)</sup> | 99883 | 2654890 |
| **Personal Care Products - 2.9%** | **Personal Care Products - 2.9%** |  |
| BellRing Brands, Inc. <sup>(a)</sup> | 36275 | 2283511 |
| **Professional Services - 3.2%** | **Professional Services - 3.2%** |  |
| Verra Mobility Corp. <sup>(a)</sup> | 106396 | 2516265 |
| **Semiconductors & Semiconductor Equipment - 3.3%** | **Semiconductors & Semiconductor Equipment - 3.3%** |  |
| SiTime Corp. <sup>(a)(b)</sup> | 13183 | 2584791 |
| **Software - 10.2%** | **Software - 10.2%** |  |
| Alarm.com Holdings, Inc. <sup>(a)</sup> | 55316 | 3175138 |
| LiveRamp Holdings, Inc. <sup>(a)</sup> | 83892 | 2733201 |
| Q2 Holdings, Inc. <sup>(a)</sup> | 24053 | 2105119 |
|  |  | 8013458 |
| **Textiles, Apparel & Luxury Goods - 2.4%** | **Textiles, Apparel & Luxury Goods - 2.4%** |  |
| Crocs, Inc. <sup>(a)(b)</sup> | 18718 | 1909236 |
| **Trading Companies & Distributors - 6.4%** | **Trading Companies & Distributors - 6.4%** |  |
| Herc Holdings, Inc. <sup>(b)</sup> | 18029 | 2235596 |
| QXO, Inc. <sup>(b)</sup> | 98739 | 1678563 |
| SiteOne Landscape Supply, Inc. <sup>(a)</sup> | 9394 | 1097313 |
|  |  | 5011472 |
| **TOTAL COMMON STOCKS** (Cost $69,709,801) | **TOTAL COMMON STOCKS** (Cost $69,709,801) | 74337161 |
| **SHORT-TERM INVESTMENTS - 24.0%** |  | **Value**  |
| **Investments Purchased with Proceeds from Securities Lending - 24.0%** | **<u>Units</u>** |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.45% <sup>(c)</sup> | 18920172 | 18920172 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $18,920,172) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $18,920,172) | 18920172 |
| **TOTAL INVESTMENTS - 118.3% (**Cost $88,629,973**)** | **TOTAL INVESTMENTS - 118.3% (**Cost $88,629,973**)** | 93257333 |
| Liabilities in Excess of Other Assets - (18.3)% | Liabilities in Excess of Other Assets - (18.3)% | (14410982) |
| **TOTAL NET ASSETS - 100.0%** |  | $78846351 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

LLC - Limited Liability Company <br> REIT - Real Estate Investment Trust

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of May 31, 2025. The fair value of these securities was $18,263,940 which represented 23.2% of net assets.

(c) The rate shown represents the 7-day annualized effective yield as of May 31, 2025.

------

#### <br>

#### Summary of Fair Value Disclosure as of May 31, 2025 (Unaudited)
Motley Fool Small-Cap Growth ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 74337161 |  |  | 74337161 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – |  |  | 18920172 |
| Total Investments | 74337161 |  |  | 93257333 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair
 value amount of $18,920,172 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBB Fund, Inc.

- **b. Investment Company Act file number:** 811-05518

- **c. CIK number of Registrant:** 0000831114

- **d. LEI of Registrant:** 5493005KKD0GVHSW0D29

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 262-378-6278

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

- **a. Name of Series:** Motley Fool Small-Cap Growth ETF

- **b. EDGAR series identifier (if any):** S000063392

- **c. LEI of Series:** 5493004DNMPH673GZ455

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

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

- **b. Date as of which information is reported:** 2025-05-31

**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:** $99528882.57

**Total Liabilities:** $20682648.38

**Net Assets:** $78846234.19

**Cash Not Reported:** $1605890.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205459 | -6.35%               | -2.24%               | 7.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4657313.37              | $-10292373.25                              |
| Month 2  | $-268317.34              | $-1673784.28                               |
| Month 3  | $542073.30               | $4794049.87                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Herc Holdings Inc                         | Herc Holdings Inc                         | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     18029 | NS      | $2235596.00   | 2.84%             |  |  |  | No            | 1                  | On Loan: —       |
| Hexcel Corp                               | Hexcel Corp                               | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     41826 | NS      | $2212177.14   | 2.81%             |  |  |  | No            | 1                  | On Loan: No      |
| IPG Photonics Corp                        | IPG Photonics Corp                        | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |     25908 | NS      | $1716664.08   | 2.18%             |  |  |  | No            | 1                  | On Loan: —       |
| Leonardo DRS Inc                          | Leonardo DRS Inc                          | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     60555 | NS      | $2561476.50   | 3.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Alarm.com Holdings Inc                    | Alarm.com Holdings Inc                    | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |     55316 | NS      | $3175138.40   | 4.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphatec Holdings Inc                     | Alphatec Holdings Inc                     | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |    212120 | NS      | $2636651.60   | 3.34%             |  |  |  | No            | 1                  | On Loan: No      |
| BellRing Brands Inc                       | BellRing Brands Inc                       | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     36275 | NS      | $2283511.25   | 2.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Blueprint Medicines Corp                  | Blueprint Medicines Corp                  | CUSIP: 09627Y109<br>LEI: 5299004CC60O9T5HVM83 | Long             | EC               | CORP              | US        |     11748 | NS      | $1190659.80   | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Crocs Inc                                 | Crocs Inc                                 | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     18718 | NS      | $1909236.00   | 2.42%             |  |  |  | No            | 1                  | On Loan: —       |
| Eastman Chemical Co                       | Eastman Chemical Co                       | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     18980 | NS      | $1487462.60   | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Frontdoor Inc                             | Frontdoor Inc                             | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     48921 | NS      | $2691144.21   | 3.41%             |  |  |  | No            | 1                  | On Loan: No      |
| GXO Logistics Inc                         | GXO Logistics Inc                         | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     67926 | NS      | $2794475.64   | 3.54%             |  |  |  | No            | 1                  | On Loan: —       |
| Gentex Corp                               | Gentex Corp                               | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     54783 | NS      | $1181669.31   | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Globus Medical Inc                        | Globus Medical Inc                        | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     31252 | NS      | $1849493.36   | 2.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Goosehead Insurance Inc                   | Goosehead Insurance Inc                   | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |     17006 | NS      | $1841069.56   | 2.34%             |  |  |  | No            | 1                  | On Loan: —       |
| HealthEquity Inc                          | HealthEquity Inc                          | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     31434 | NS      | $3162574.74   | 4.01%             |  |  |  | No            | 1                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account    | U.S. Bank Money Market Deposit Account    | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4624444 | NS      | $4624444.39   | 5.87%             |  |  |  | No            | 1                  | On Loan: No      |
| UFP Technologies Inc                      | UFP Technologies Inc                      | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |     11629 | NS      | $2723511.80   | 3.45%             |  |  |  | No            | 1                  | On Loan: —       |
| Ultragenyx Pharmaceutical Inc             | Ultragenyx Pharmaceutical Inc             | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |     65566 | NS      | $2231210.98   | 2.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Verra Mobility Corp                       | Verra Mobility Corp                       | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    106396 | NS      | $2516265.40   | 3.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Live Oak Bancshares Inc                   | Live Oak Bancshares Inc                   | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101910 | NS      | $2797429.50   | 3.55%             |  |  |  | No            | 1                  | On Loan: No      |
| LiveRamp Holdings Inc                     | LiveRamp Holdings Inc                     | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     83892 | NS      | $2733201.36   | 3.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Oil & Gas Inc                    | Northern Oil & Gas Inc                    | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     99883 | NS      | $2654890.14   | 3.37%             |  |  |  | No            | 1                  | On Loan: —       |
| Penumbra Inc                              | Penumbra Inc                              | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      9753 | NS      | $2603758.41   | 3.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Q2 Holdings Inc                           | Q2 Holdings Inc                           | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     24053 | NS      | $2105118.56   | 2.67%             |  |  |  | No            | 1                  | On Loan: No      |
| RXO Inc                                   | RXO Inc                                   | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    112995 | NS      | $1754812.35   | 2.23%             |  |  |  | No            | 1                  | On Loan: —       |
| QXO Inc                                   | QXO Inc                                   | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98739 | NS      | $1678563.00   | 2.13%             |  |  |  | No            | 1                  | On Loan: —       |
| SiteOne Landscape Supply Inc              | SiteOne Landscape Supply Inc              | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |      9394 | NS      | $1097313.14   | 1.39%             |  |  |  | No            | 1                  | On Loan: No      |
| SiTime Corp                               | SiTime Corp                               | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13183 | NS      | $2584790.81   | 3.28%             |  |  |  | No            | 1                  | On Loan: —       |
| STAG Industrial Inc                       | STAG Industrial Inc                       | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     50378 | NS      | $1792449.24   | 2.27%             |  |  |  | No            | 1                  | On Loan: No      |
| StoneX Group Inc                          | StoneX Group Inc                          | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     47941 | NS      | $4058445.36   | 5.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Toast Inc                                 | Toast Inc                                 | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    107689 | NS      | $4542322.02   | 5.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  18920172 | NS      | $18920172.00  | 24.00%            |  |  |  | No            | N/A                | On Loan: No      |
| Trex Co Inc                               | Trex Co Inc                               | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27458 | NS      | $1534078.46   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-07-21

**Name of Applicant:** RBB Fund, Inc.

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

**Name of Signer:** RBB Fund, Inc.

**Title:** CFO COO Secretary