# EDGAR Filing Document

**Accession Number:** 0001970751
**File Stem:** 0001145549-25-057617
**Filing Date:** 2025-8
**Character Count:** 31525
**Document Hash:** f6ad7ed71ff953ac3d0afe77e6caaf21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057617.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057617

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisor Managed Portfolios
- **CENTRAL INDEX KEY:** 0001970751

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23859
- **FILM NUMBER:** 251281724

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** (626) 914-7385

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

## Series and Classes Contracts Data

### Miller Income Fund (Series ID: S000082977)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000246420 | Class IS     | LMCMX           |
| C000246421 | Class I      | LMCLX           |
| C000246422 | Class A      | LMCJX           |
| C000246423 | Class C      | LCMNX           |
| C000246424 | Class FI     | LMCKX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Miller Income Fund** | **Miller Income Fund** | **Miller Income Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 86.6%** | **Shares** | **Value**  |
| **<u>Communication Services</u> - 5.1%** | **<u>Communication Services</u> - 5.1%** | |
| **Diversified Telecommunication Services - 5.1%** | | |
| Verizon Communications, Inc. | 198000 | $8567460 |
| **<u>Consumer Discretionary</u> - 8.4%** | **<u>Consumer Discretionary</u> - 8.4%** |  |
| **Automobiles - 2.3%** |  |  |
| Stellantis NV | 390000 | 3911700 |
|  |  | $– |
| **Specialty Retail - 6.1%** |  |  |
| Buckle Inc/The | 105000 | 4761750 |
| Build-A-Bear Workshop, Inc. | 105000 | 5413800 |
|  |  | 10175550 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | 14087250 |
| **<u>Consumer Staples</u> - 4.8%** | **<u>Consumer Staples</u> - 4.8%** |  |
| **Tobacco - 4.8%** |  |  |
| British American Tobacco Plc | 168000 | 7985834 |
| **<u>Diversified Financial Services</u> - 10.6%** | **<u>Diversified Financial Services</u> - 10.6%** |  |
| **Financial Services - 5.2%** |  |  |
| Jackson Financial, Inc. - Class A | 98800 | 8772452 |
|  |  | $– |
| **Insurance - 5.4%** |  |  |
| Lincoln National Corp. | 260000 | 8996000 |
| **Total Diversified Financial Services** | **Total Diversified Financial Services** | 17768452 |
| **<u>Energy</u> - 5.3%** | **<u>Energy</u> - 5.3%** |  |
| **Oil, Gas & Consumable Fuels - 5.3%** |  |  |
| Alliance Resource Partners LP | 127000 | 3319780 |
| Chord Energy Corp. | 52766 | 5110387 |
| TotalEnergies SE - ADR | 7650 | 469633 |
| **Total Energy** | **Total Energy** | 8899800 |
| **<u>Financials</u> - 17.7%** | **<u>Financials</u> - 17.7%** |  |
| **Banks - 3.7%** |  |  |
| Sberbank of Russia PJSC (Acquired 4/19/2018 - 2/25/2022, Cost $6,963,107) <sup>(a)(b)</sup> | 2532000 | 0 |
| Western Alliance Bancorp | 79700 | 6215006 |
|  |  | 6215006 |
| **Capital Markets - 2.2%** |  |  |
| Carlyle Group, Inc. | 70000 | 3598000 |
|  |  | $– |
| **Consumer Finance - 11.8%** |  |  |
| Bread Financial Holdings, Inc. | 197700 | 11292624 |
| OneMain Holdings, Inc. | 149000 | 8493000 |
|  |  | 19785624 |
| **Total Financials** | **Total Financials** | 29598630 |
| **<u>Health Care</u> - 7.7%** | **<u>Health Care</u> - 7.7%** |  |
| **Health Care Equipment & Supplies - 1.2%** |  |  |
| Semler Scientific, Inc. <sup>(c)</sup> | 53000 | 2053220 |
|  |  | $– |
| **Pharmaceuticals - 6.5%** |  |  |
| Bristol-Myers Squibb Co. | 108000 | 4999320 |
| Cannabist Co. Holdings, Inc. (Acquired 1/21/2022, Cost $156,947) <sup>(b)(c)</sup> | 1885689 | 102472 |
| Cannabist Co. Holdings, Inc. (Acquired 1/21/2022, Cost $156,947) <sup>(b)(c)</sup> | 1885689 | 102472 |
| Verano Holdings Corp. <sup>(c)</sup> | 92251 | 45941 |
| Viatris, Inc. | 619000 | 5527670 |
|  |  | 10777875 |
| **Total Health Care** | **Total Health Care** | 12831095 |
| <br> **<u>Industrials</u> - 7.6%** | <br> **<u>Industrials</u> - 7.6%** |  |
| **Commercial Services & Supplies - 1.6%** |  |  |
| Quad/Graphics, Inc. | 472800 | $2671320 |
|  |  | $– |
| **Marine Transportation - 3.0%** |  |  |
| Hoegh Autoliners ASA | 565000 | 4997297 |
|  |  | $– |
| **Professional Services - 3.0%** |  |  |
| Public Policy Holding Co., Inc. | 2286345 | 4974272 |
| **Total Industrials** | **Total Industrials** | 12642889 |
| **<u>Information Technology</u> - 3.7%** | **<u>Information Technology</u> - 3.7%** |  |
| **Software - 3.7%** |  |  |
| MicroStrategy, Inc. - Class A <sup>(c)</sup> | 15250 | 6164507 |
| **<u>Materials</u> - 3.4%** | **<u>Materials</u> - 3.4%** |  |
| **Chemicals - 1.3%** |  |  |
| LyondellBasell Industries NV - Class A | 38000 | 2198680 |
|  |  | $– |
| **Metals & Mining - –%<sup>(d)</sup>** |  |  |
| Alrosa PJSC (Acquired 8/16/2018 - 2/22/2022, Cost $3,885,974) <sup>(a)(b)</sup> | 2978100 | 0 |
|  |  | $– |
| **Trading Companies & Distributors - 2.1%** |  |  |
| Boise Cascade Co. | 40000 | 3472800 |
| **Total Materials** | **Total Materials** | 5671480 |
| **<u>Real Estate</u> - 6.1%** | **<u>Real Estate</u> - 6.1%** |  |
| **Diversified REITs - 4.1%** |  |  |
| CTO Realty Growth, Inc. | 399145 | 6889243 |
|  |  | $– |
| **Office REITs - 2.0%** |  |  |
| Easterly Government Properties, Inc. | 146800 | 3258960 |
| **Total Real Estate** | **Total Real Estate** | 10148203 |
| **<u>Utilities</u> - 6.3%** | **<u>Utilities</u> - 6.3%** |  |
| **Gas Utilities - 6.3%** |  |  |
| UGI Corp. | 292000 | 10634640 |
| **TOTAL COMMON STOCKS** (Cost $134,233,582) | **TOTAL COMMON STOCKS** (Cost $134,233,582) | 145000240 |
| **CORPORATE BONDS - 12.0%** | **Par** | **Value** |
| **<u>Communication Services</u> - 1.3%** | **<u>Communication Services</u> - 1.3%** | **<u>Communication Services</u> - 1.3%** |
| **Media - 1.3%** | **Media - 1.3%** | **Media - 1.3%** |
|  Gray Escrow II, Inc., 5.38%, 11/15/2031 <sup>(e)</sup> | $3000000 | 2242500 |
| **<u>Consumer Discretionary</u> - 1.9%** | **<u>Consumer Discretionary</u> - 1.9%** | **<u>Consumer Discretionary</u> - 1.9%** |
| **Specialty Retail - 1.9%** | **Specialty Retail - 1.9%** | **Specialty Retail - 1.9%** |
|  Carvana Co., 10.25%, 05/01/2030 <sup>(e)</sup> | 3000000 | 3240000 |
| **<u>Energy</u> - 2.2%** | **<u>Energy</u> - 2.2%** | **<u>Energy</u> - 2.2%** |
|  Venture Global LNG, Inc., 9.00% to 09/30/2029 then 5 yr. CMT Rate + 5.44%, Perpetual <sup>(e)</sup> | 3750000 | 3665625 |
| **<u>Health Care</u> - 3.0%** | **<u>Health Care</u> - 3.0%** | **<u>Health Care</u> - 3.0%** |
| **Pharmaceuticals - 3.0%** | **Pharmaceuticals - 3.0%** | **Pharmaceuticals - 3.0%** |
|  Cannabist Co. Holdings, Inc., 9.25%, 12/31/2028 (Acquired 1/21/2022, Cost $7,693,053) <sup>(b)</sup> | 8000000 | 4995968 |
| **<u>Manufacturing</u> - 2.6%** | **<u>Manufacturing</u> - 2.6%** | **<u>Manufacturing</u> - 2.6%** |
|  JELD-WEN, Inc., 7.00%, 09/01/2032 <sup>(e)</sup> | 5500000 | 4324375 |
| **<u>Retail Trade</u> - 1.0%** | **<u>Retail Trade</u> - 1.0%** | **<u>Retail Trade</u> - 1.0%** |
|  HLF Financing Sarl LLC / Herbalife International, Inc., 12.25%, 04/15/2029 <sup>(e)</sup> | 1500000 | 1640625 |
| **TOTAL CORPORATE BONDS** (Cost $22,355,966) | **TOTAL CORPORATE BONDS** (Cost $22,355,966) | 20109093 |
| **PREFERRED STOCKS - 1.6%** | **Shares** | **Value**  |
| **<u>Information Technology</u> - 1.6%** | **<u>Information Technology</u> - 1.6%** |  |
| **Software - 1.6%** |  |  |
|  MicroStrategy, Inc., Series A, 10.00%, Perpetual | 30000 | $2692500 |
| **TOTAL PREFERRED STOCKS** (Cost $2,550,000) | **TOTAL PREFERRED STOCKS** (Cost $2,550,000) | 2692500 |
| **TOTAL INVESTMENTS - 100.2% (**Cost $159,139,548**)** | **TOTAL INVESTMENTS - 100.2% (**Cost $159,139,548**)** | 167801833 |
| Liabilities in Excess of Other Assets - (0.3)% | Liabilities in Excess of Other Assets - (0.3)% | (524827) |
| **TOTAL NET ASSETS - 100.0%** |  | $167277006 |
| 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. |

---

---

| |
|:---|
| ADR - American Depositary Receipt |
| ASA - Advanced Subscription Agreement |
| CMT - Constant Maturity Treasury |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PJSC - Public Joint Stock Company |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |

---

(a) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $0 or 0.0% of net assets as of June 30, 2025.

(b) Security considered restricted. The total market value of these securities was $5,200,912 which represented 3.2% of net assets as of June 30, 2025.

(c) Non-income producing security.

(d) Represents less than 0.05% of net assets.

(e) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of June 30, 2025, the value of these securities total $15,113,125 or 9.0% of the Fund's net assets.

------

**Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)** 

Miller Income Fund (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 June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 144795296 | 204944 | 0<br> \* | 145000240 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 20109093 | – | 20109093 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 2692500 | – | – | 2692500 |
| Total Investments | 147487796 | 20314037 | 0 | 167801833 |
| 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. |
| \* Russia's invasion of Ukraine has led to unprecedented market and policy responses of governments and regulators around the<br> world. There is no functioning or orderly market to the facilitate the liquidation of any Russian-based securities held by the Income<br> Fund. As a result, the fair value of the Russian securities held in the Income Fund has been reduced to zero. | \* Russia's invasion of Ukraine has led to unprecedented market and policy responses of governments and regulators around the<br> world. There is no functioning or orderly market to the facilitate the liquidation of any Russian-based securities held by the Income<br> Fund. As a result, the fair value of the Russian securities held in the Income Fund has been reduced to zero. | \* Russia's invasion of Ukraine has led to unprecedented market and policy responses of governments and regulators around the<br> world. There is no functioning or orderly market to the facilitate the liquidation of any Russian-based securities held by the Income<br> Fund. As a result, the fair value of the Russian securities held in the Income Fund has been reduced to zero. | \* Russia's invasion of Ukraine has led to unprecedented market and policy responses of governments and regulators around the<br> world. There is no functioning or orderly market to the facilitate the liquidation of any Russian-based securities held by the Income<br> Fund. As a result, the fair value of the Russian securities held in the Income Fund has been reduced to zero. | \* Russia's invasion of Ukraine has led to unprecedented market and policy responses of governments and regulators around the<br> world. There is no functioning or orderly market to the facilitate the liquidation of any Russian-based securities held by the Income<br> Fund. As a result, the fair value of the Russian securities held in the Income Fund has been reduced to zero. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Advisor Managed Portfolios

- **b. Investment Company Act file number:** 811-23859

- **c. CIK number of Registrant:** 0001970751

- **d. LEI of Registrant:** 529900AK253W8LJALD89

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202-5210

  - **Telephone number:** 4142873700

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

- **a. Name of Series:** Miller Income Fund

- **b. EDGAR series identifier (if any):** S000082977

- **c. LEI of Series:** 529900PXX50ZLQU9EW39

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $168752040.98

**Total Liabilities:** $1458116.43

**Net Assets:** $167293924.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246420 | -4.62%               | 6.38%                | 4.55%                |
| Class ID C000246421 | -4.73%               | 6.37%                | 4.60%                |
| Class ID C000246422 | -4.72%               | 6.35%                | 4.49%                |
| Class ID C000246423 | -4.72%               | 6.35%                | 4.40%                |
| Class ID C000246424 | -4.60%               | 6.35%                | 4.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1368519.03              | $-9620588.78                               |
| Month 2  | $7585.09                 | $8749644.54                                |
| Month 3  | $356804.24               | $6296046.29                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Verano Holdings Corp                   | Verano Holdings Corp                                 | CUSIP: 92338D101<br>LEI: 894500IL09BKV7OCY419 | Long             | EC               | CORP              | US        |     92251 | NS      | $45941.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc             | Verizon Communications Inc                           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    198000 | NS      | $8567460.00   | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                            | Viatris Inc                                          | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    619000 | NS      | $5527670.00   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp               | Western Alliance Bancorp                             | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     79700 | NS      | $6215006.00   | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc           | Bread Financial Holdings Inc                         | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    197700 | NS      | $11292624.00  | 6.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Resource Partners LP          | Alliance Resource Partners LP                        | CUSIP: 01877R108<br>LEI: 529900T4Q5UPWOUFG783 | Long             | EC               | CORP              | US        |    127000 | NS      | $3319780.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC           | British American Tobacco PLC                         | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    168000 | NS      | $7985834.29   | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                       | Boise Cascade Co                                     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     40000 | NS      | $3472800.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                | Bristol-Myers Squibb Co                              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    108000 | NS      | $4999320.00   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle Inc/The                         | Buckle Inc/The                                       | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |    105000 | NS      | $4761750.00   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Build-A-Bear Workshop Inc              | Build-A-Bear Workshop Inc                            | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |    105000 | NS      | $5413800.00   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CANNABIST CO HLDGS INC COM             | CANNABIST CO HLDGS INC COM                           | CUSIP: 13765Y400<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   1885689 | NS      | $102471.81    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC COM             | CANNABIST CO HLDGS INC COM                           | CUSIP: 13765Y509<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   1885689 | NS      | $102471.81    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC                 | Cannabist Co Holdings Inc/The                        | CUSIP: 13766HAA7<br>LEI: 9845007B45659F4F4F75 | Long             | DBT              | CORP              | CA        |   8000000 | PA      | $4995968.00   | 2.99%             | 2028-12-31      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Group Inc/The                  | Carlyle Group Inc/The                                | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     70000 | NS      | $3598000.00   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO                             | Carvana Co                                           | CUSIP: 146869AJ1<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3240000.00   | 1.94%             | 2030-05-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| CTO Realty Growth Inc                  | CTO Realty Growth Inc                                | CUSIP: 22948Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    399145 | NS      | $6889242.70   | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties         | Easterly Government Properties Inc                   | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |    146800 | NS      | $3258960.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                      | Chord Energy Corp                                    | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     52766 | NS      | $5110387.10   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alrosa PJSC                            | Alrosa PJSC                                          | CUSIP: N/A<br>LEI: 894500DKUWVBYZLLE651       | Long             | EC               | CORP              | RU        |   2978100 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GRAY MEDIA INC                         | Gray Media Inc                                       | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2242500.00   | 1.34%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI               | HLF Financing Sarl LLC / Herbalife International Inc | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1640625.00   | 0.98%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Jackson Financial Inc                  | Jackson Financial Inc                                | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     98800 | NS      | $8772452.00   | 5.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JELD-WEN INC                           | JELD-WEN Inc                                         | CUSIP: 47580PAA1<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $4324375.00   | 2.58%             | 2032-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                  | Lincoln National Corp                                | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    260000 | NS      | $8996000.00   | 5.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc                      | MicroStrategy Inc                                    | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |     15250 | NS      | $6164507.50   | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSTRATEGY INC                      | MicroStrategy Inc                                    | CUSIP: 594972861<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |     30000 | NS      | $2692500.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc                   | OneMain Holdings Inc                                 | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |    149000 | NS      | $8493000.00   | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Quad/Graphics Inc                      | Quad/Graphics Inc                                    | CUSIP: 747301109<br>LEI: W2D68G5NJH4X0NW8PT65 | Long             | EC               | CORP              | US        |    472800 | NS      | $2671320.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Semler Scientific Inc                  | Semler Scientific Inc                                | CUSIP: 81684M104<br>LEI: 549300ZHL16S29QTW485 | Long             | EC               | CORP              | US        |     53000 | NS      | $2053220.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                       | TotalEnergies SE                                     | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |      7650 | NS      | $469633.50    | 0.28%             |  |  |  | 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        |    152554 | NS      | $152553.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                               | UGI Corp                                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    292000 | NS      | $10634640.00  | 6.36%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTURE GLOBAL LNG INC                 | Venture Global LNG Inc                               | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |   3750000 | PA      | $3665625.00   | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Sberbank of Russia PJSC                | Sberbank of Russia PJSC                              | CUSIP: X76317100<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |   2532000 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Public Policy Holding Co Inc           | Public Policy Holding Co Inc                         | CUSIP: 744430109<br>LEI: 2138008Z7B1IXVVJAZ79 | Long             | EC               | CORP              | US        |   2286345 | NS      | $4974272.26   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoegh Autoliners ASA                   | Hoegh Autoliners ASA                                 | CUSIP: N/A<br>LEI: 549300D7GNMPKTA4HD46       | Long             | EC               | CORP              | NO        |    565000 | NS      | $4997296.47   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV           | LyondellBasell Industries NV                         | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | US        |     38000 | NS      | $2198680.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellantis NV                          | Stellantis NV                                        | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | EC               | CORP              | NL        |    390000 | NS      | $3911700.00   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Advisor Managed Portfolios

**Signature:** /s/ Eric T. McCormick

**Name of Signer:** Advisor Managed Portfolios

**Title:** Treasurer and Principal Financial Officer