# EDGAR Filing Document

**Accession Number:** 0001766436
**File Stem:** 0001387131-23-001042
**Filing Date:** 2023-1
**Character Count:** 14981
**Document Hash:** d4a99d09a7c07468939c6f01eb396cac
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-001042.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001387131-23-001042

**CONFORMED SUBMISSION TYPE**: NT NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Leader Funds Trust
- **CENTRAL INDEX KEY:** 0001766436
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NT NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23419
- **FILM NUMBER:** 23569462

**BUSINESS ADDRESS:**
- **STREET 1:** 315 W. MILL PLAIN BLVD
- **STREET 2:** SUITE 204
- **CITY:** VANCOUVER
- **STATE:** WA
- **ZIP:** 98660
- **BUSINESS PHONE:** 1-800-711-9164

**MAIL ADDRESS:**
- **STREET 1:** 315 W. MILL PLAIN BLVD
- **STREET 2:** SUITE 204
- **CITY:** VANCOUVER
- **STATE:** WA
- **ZIP:** 98660

## Series and Classes Contracts Data

### Leader Short Term High Yield Bond Fund (Series ID: S000065272)

| Class ID   | Class Name                                                 | Ticker Symbol   |
|:---|:---|:---|
| C000211307 | Leader Short Term High Yield Bond Fund Investor Class      | LCCMX           |
| C000211310 | Leader Short Term High Yield Bond Fund Institutional Class | LCCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Leader Funds Trust

- **b. Investment Company Act file number:** 811-23419

- **c. CIK number of Registrant:** 0001766436

- **d. LEI of Registrant:** 5493004CXG3W4ZKLTI89

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

  - **Street Address 1:** 315 W. MILL PLAIN BOULEVARD

  - **City:** VANCOUVER

  - **State:** WA

  - **Foreign country:** US

  - **Zip / Postal Code:** 98660

  - **Telephone number:** 800-711-9164

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

- **a. Name of Series:** Leader Short Term High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000065272

- **c. LEI of Series:** 54930055U85E86N3X724

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

- **a. Date of fiscal year-end:** 2023-05-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $25959004.00

**Total Liabilities:** $58762.00

**Net Assets:** $25900242.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 16787.012

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

- **3-Month:** -264.83 | **1-Year:** -213.67 | **5-Year:** -112026.48 | **10-Year:** 58396.02 | **30-Year:** -144451.92

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211307 | -7.92%               | 0.68%                | 3.44%                |
| Class ID C000211310 | -8.36%               | 0.67%                | 3.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-680344.18              | $-1448043.67                               |
| Month 2  | $-28654.51               | $81418.92                                  |
| Month 3  | $-243331.24              | $1052604.41                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Agnc Investment Corp                       | AGNC 6 1/8 PERP                                       | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     15697 | NS      | $322887.29    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DCP Midstream LP                           | DCP 7 3/8 PERP                                        | CUSIP: 23311PAA8<br>LEI: 52990024YYS3MLGW0E91 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2005400.00   | 7.88%             | 2166-06-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                       | TURKEY 5 7/8 06/26/31                                 | CUSIP: 900123DC1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1000000 | PA      | $818235.00    | 3.21%             | 2031-06-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd                             | WYNMAC 5 5/8 08/26/28                                 | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $830000.00    | 3.26%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Enova International, Incorporation         | ENVA 8 1/2 09/15/25                                   | CUSIP: 29357KAF0<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924175.00    | 3.63%             | 2025-09-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| NuStar Energy LP                           | NSUS 7 5/8 PERP                                       | CUSIP: 67058H300<br>LEI: 5493003BMLTUIEG2LG44 | Long             | EP               | CORP              | US        |      8510 | NS      | $182667.15    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Ukraine (Republic of)                      | UKRAIN 7 3/4 09/01/22                                 | CUSIP: 903724AP7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |   1000000 | PA      | $278050.00    | 1.09%             | 2024-09-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Domtar Corp.                               | UFS 6 3/4 02/15/44                                    | CUSIP: 257559AK0<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $568545.52    | 2.23%             | 2044-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Marriott Ownership Resorts Inc             | VAC 4 3/4 01/15/28                                    | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $878755.84    | 3.45%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NCR Corporation                            | NCR 5 1/8 04/15/29                                    | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    600000 | PA      | $516827.85    | 2.03%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| China Evergrande Group                     | EVERRE 7 1/2 06/28/23                                 | CUSIP: G2119WAF3<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |   1500000 | PA      | $94319.24     | 0.37%             | 2023-06-28      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| New Residential Investment Corp.           | NRZ 6 1/4 10/15/25                                    | CUSIP: 64828TAA0<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $904563.92    | 3.55%             | 2025-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Crestwood Equity Partners LP               | CEQP 9 1/4 PERP                                       | CUSIP: 226344307<br>LEI: 549300CUY0F1TYDLDL45 | Long             | EP               | CORP              | US        |     94990 | NS      | $858709.60    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                   | V 2 08/15/50                                          | CUSIP: 92826CAQ5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1255170.08   | 4.93%             | 2050-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| B. Riley Financial Inc                     | RILY 5 1/4                                            | CUSIP: 05580M819<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     20000 | NS      | $409700.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc.                                   | NIO 0 1/2 02/01/27                                    | CUSIP: 62914VAF3<br>LEI: 549300JBU4TV5OCKJV96 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $753612.48    | 2.96%             | 2027-02-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                        | PEMEX 6 1/2 03/13/27                                  | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |   1700000 | PA      | $1542641.37   | 6.06%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VTB Eurasia Designated Activity Company    | VTB 9 1/2 PERP                                        | CUSIP: G93951AA2<br>LEI: 635400IGBYL1WAJLDE17 | Long             | DBT              | CORP              | IR        |   2000000 | PA      | $1559800.00   | 6.13%             | 2049-12-29      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Eaton Vance Senior Floating Rate Trust     | EFR FLOAT PERP                                        | CUSIP: 27828Q501<br>LEI: VJXUJZ1EC079NQ236240 | Long             | EP               | CORP              | US        |        18 | NS      | $414000.00    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                        | COIN 0 1/2 06/01/26                                   | CUSIP: 19260QAB3<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $803246.48    | 3.16%             | 2026-06-01      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund            | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   3129750 | PA      | $3129749.62   | 12.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Senior Floating Rate Trust     | EFR FLOAT PERP                                        | CUSIP: 27828Q402<br>LEI: VJXUJZ1EC079NQ236240 | Long             | EP               | CORP              | US        |        27 | NS      | $621000.00    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYFAIR INC                                | W 1 08/15/26                                          | CUSIP: 94419LAF8<br>LEI: 54930027N9ZAVYFDHK53 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $868500.00    | 3.41%             | 2026-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Zillow Group. Inc                          | Z 1.375 09/01/26                                      | CUSIP: 98954MAG6<br>LEI: 2549002XEELQDIR6FU05 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1106500.00   | 4.35%             | 2026-09-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES STEEL CORP                   | United States Steel Corp                              | CUSIP: 912909AT5<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    500000 | PA      | $1036250.00   | 4.07%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                          | HSBC HOLDINGS PLC                                     | CUSIP: 404280BP3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $889070.00    | 3.49%             | 2028-03-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes               | U.S. Treasury Notes 3.375%, Due 08/15/2042            | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $915156.25    | 3.59%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                  | Alibaba Group Holding Ltd SPON ADS EACH REP 8 ORD SHS | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | US        |     10000 | NS      | $875150.00    | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Leader Funds Trust

**Signature:** /s/ Christopher MacLaren

**Name of Signer:** Christopher MacLaren

**Title:** Treasurer