# EDGAR Filing Document

**Accession Number:** 0001650149
**File Stem:** 0000894189-26-002698
**Filing Date:** 2026-1
**Character Count:** 28840
**Document Hash:** 0bf5dbbd886527895877389631080055
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002698.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002698

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Series Portfolios Trust
- **CENTRAL INDEX KEY:** 0001650149

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23084
- **FILM NUMBER:** 26572845

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-6620

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

## Series and Classes Contracts Data

### Infrastructure Capital Bond Income ETF (Series ID: S000089069)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000255546 | Infrastructure Capital Bond Income ETF | BNDS            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Series Portfolios Trust

- **b. Investment Company Act file number:** 811-23084

- **c. CIK number of Registrant:** 0001650149

- **d. LEI of Registrant:** 5493008VNHP5UNYJ3713

- **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:** 414-765-6047

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

- **a. Name of Series:** Infrastructure Capital Bond Income ETF

- **b. EDGAR series identifier (if any):** S000089069

- **c. LEI of Series:** 529900K4UHH262OHK853

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-30

**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:** $19515556.59

**Total Liabilities:** $627736.05

**Net Assets:** $18887820.54

**Cash Not Reported:** $409042.38

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 994.965533000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 289.627376000000

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

- **3-Month:** 281.110697000000 | **1-Year:** 1581.677392000000 | **5-Year:** 1026.862672000000 | **10-Year:** 189.809800000000 | **30-Year:** 924.656682000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255546 | 2.04%                | -0.39%               | 0.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15487.61                | $208544.12                                 |
| Month 2  | $3044.81                 | $-177764.50                                |
| Month 3  | $22204.55                | $58912.32                                  |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** NUPJ1MWEUJ

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CIVITAS RESOURCES INC          | Civitas Resources Inc                                           | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    426000 | PA      | $444144.62    | 2.35%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings                                    | CUSIP: 20451Q401<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |      6216 | NS      | $113442.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund                        | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |     61848 | NS      | $61847.52     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY FINANCE        | Crescent Energy Finance LLC                                     | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    607000 | PA      | $575670.84    | 3.05%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE REIT        | Angel Oak Mortgage REIT Inc                                     | CUSIP: 03464Y207<br>LEI: 5493008M8D7W7VZZ7V36 | Long             | DBT              | CORP              | US        |      6222 | NS      | $157167.72    | 0.83%             | 2029-07-30      | Fixed         | 9.50%                 | No            |                  1 | On Loan: No      |
| BW REAL ESTATE INC             | BW Real Estate Inc                                              | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    558000 | PA      | $571847.89    | 3.03%             | 2030-03-30      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| BANC OF CALIFORNIA INC         | Banc of California Inc                                          | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               | CORP              | US        |      6514 | NS      | $162589.44    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                                       | CUSIP: 10922N509<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |     21270 | NS      | $361802.70    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEMOURS CO                    | Chemours Co/The                                                 | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    450000 | PA      | $438189.53    | 2.32%             | 2033-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp                                         | CUSIP: 16934Q885<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | DBT              | CORP              | US        |      6205 | NS      | $155435.25    | 0.82%             | 2029-05-15      | Fixed         | 9.00%                 | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                                               | CUSIP: 55272X706<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | DBT              | CORP              | US        |     12880 | NS      | $321613.60    | 1.70%             | 2029-02-15      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC       | Warnermedia Holdings Inc                                        | CUSIP: 55903VBF9<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    826000 | PA      | $556517.50    | 2.95%             | 2062-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                                            | CUSIP: 58844R850<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |     22675 | NS      | $518350.50    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                  | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    265000 | PA      | $289367.55    | 1.53%             | 2028-03-15      | Variable      | 10.25%                | No            |                  2 | On Loan: No      |
| NAVIENT CORP                   | Navient Corp                                                    | CUSIP: 63938C405<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     21384 | NS      | $420837.12    | 2.23%             | 2043-12-15      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| NEW MOUNTAIN FINANCE COR       | New Mountain Finance Corp                                       | CUSIP: 647551308<br>LEI: 549300L1MPTT1H7SES77 | Long             | DBT              | CORP              | US        |      6886 | NS      | $173458.34    | 0.92%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                                              | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      5416 | NS      | $132692.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                                              | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    297000 | PA      | $303875.25    | 1.61%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC           | Noble Finance II LLC                                            | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $305654.16    | 1.62%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    771000 | PA      | $649324.48    | 3.44%             | 2034-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC             | PBF Holding Co LLC / PBF Finance Corp                           | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $20698.44     | 0.11%             | 2030-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC        | PPL Capital Funding Inc                                         | CUSIP: 69352PAC7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    297000 | PA      | $293775.02    | 1.56%             | 2067-03-30      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust                                         | CUSIP: 70509V886<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |     10057 | NS      | $172075.27    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PennyMac Mortgage Investment Trust                              | CUSIP: 70931T509<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |      8319 | NS      | $158643.33    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PITNEY BOWES INC               | Pitney Bowes Inc                                                | CUSIP: 724479506<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     15496 | NS      | $309300.16    | 1.64%             | 2043-03-07      | Fixed         | 6.70%                 | No            |                  1 | On Loan: No      |
| PLAINS ALL AMERICAN PIPE       | Plains All American Pipeline LP                                 | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    762000 | PA      | $765702.41    | 4.05%             | 2025-12-31      | Variable      | 8.22%                 | No            |                  2 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                                                      | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |     18896 | NS      | $364125.92    | 1.93%             | 2057-06-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                                               | CUSIP: 758075873<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |      6225 | NS      | $154753.50    | 0.82%             | 2029-09-01      | Fixed         | 9.00%                 | No            |                  1 | On Loan: No      |
| State Street SPDR Bloomberg Hi | State Street SPDR Bloomberg High Yield Bond ETF                 | CUSIP: 78468R622<br>LEI: 549300NCLW2248PN7J24 | Long             | EC               | RF                | US        |       410 | NS      | $40036.50     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNOCO LP                      | Sunoco LP                                                       | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    510000 | PA      | $519302.40    | 2.75%             | 2030-09-18      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC           | Talos Production Inc                                            | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    295000 | PA      | $311064.82    | 1.65%             | 2031-02-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| TELEPHONE & DATA SYS           | Telephone and Data Systems Inc                                  | CUSIP: 879433761<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EP               | CORP              | US        |      6759 | NS      | $127407.15    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC/MD         | Trinity Capital Inc                                             | CUSIP: 896442704<br>LEI: 549300YGT4SBRQYDVU48 | Long             | DBT              | CORP              | US        |       229 | NS      | $5853.24      | 0.03%             | 2029-09-30      | Fixed         | 7.88%                 | No            |                  1 | On Loan: No      |
| PARAMOUNT GLOBAL               | Paramount Global                                                | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    314000 | PA      | $305961.60    | 1.62%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC             | Vodafone Group PLC                                              | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    391000 | PA      | $310590.85    | 1.64%             | 2081-06-04      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                                            | CUSIP: 929042844<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      3116 | NS      | $55090.88     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc                                | CUSIP: 001228600<br>LEI: 549300SNP0PBR2XTFR48 | Long             | DBT              | CORP              | US        |      3241 | NS      | $81219.46     | 0.43%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  1 | On Loan: No      |
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc                                | CUSIP: 001228709<br>LEI: 549300SNP0PBR2XTFR48 | Long             | DBT              | CORP              | US        |      3099 | NS      | $77784.90     | 0.41%             | 2029-05-15      | Fixed         | 9.50%                 | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP           | AGNC Investment Corp                                            | CUSIP: 00123Q831<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | DBT              | CORP              | US        |      9796 | NS      | $251953.12    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP/THE                   | AES Corp/The                                                    | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293005.23    | 1.55%             | 2055-07-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN PWR & UTILITY        | Algonquin Power & Utilities Corp                                | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |     23000 | PA      | $22682.34     | 0.12%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| ADAMAS TRUST INC               | Adamas Trust Inc                                                | CUSIP: 649604832<br>LEI: 549300JFGR0M7ULHWG48 | Long             | DBT              | CORP              | US        |     12476 | NS      | $315892.32    | 1.67%             | 2029-07-01      | Fixed         | 9.12%                 | No            |                  1 | On Loan: No      |
| DELEK LOG PART/FINANCE         | Delek Logistics Partners LP / Delek Logistics Finance Corp      | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    284000 | PA      | $297883.62    | 1.58%             | 2029-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust                                    | CUSIP: 25525P206<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15602 | NS      | $259773.30    | 1.38%             | 2042-08-01      | Fixed         | 5.62%                 | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust                                    | CUSIP: 25525P305<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15122 | NS      | $265391.10    | 1.41%             | 2046-02-01      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                                              | CUSIP: 29273V704<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |     21480 | NS      | $248409.76    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                      | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     61848 | NS      | $61847.54     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY             | Ford Motor Co                                                   | CUSIP: 345370BS8<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    220000 | PA      | $227712.38    | 1.21%             | 2097-05-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| FRANKLIN BSP REALTY TRST       | Franklin BSP Realty Trust Inc                                   | CUSIP: 35243J200<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EP               | CORP              | US        |     13803 | NS      | $291381.33    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEDOM MORTGAGE CORP          | Freedom Mortgage Corp                                           | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    409000 | PA      | $454338.88    | 2.41%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO         | General Motors Financial Co Inc                                 | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    308000 | PA      | $305187.25    | 1.62%             | 2027-09-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN          | Genesis Energy LP / Genesis Energy Finance Corp                 | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    591000 | PA      | $610117.08    | 3.23%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                                            | CUSIP: 379378508<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |     13767 | NS      | $319394.40    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE       | Hudson Pacific Properties LP                                    | CUSIP: 44409MAD8<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    448000 | PA      | $437720.55    | 2.32%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ILFC E-CAPITAL TRUST II        | ILFC E-Capital Trust II                                         | CUSIP: 44965UAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    580000 | PA      | $494698.24    | 2.62%             | 2065-12-21      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx $ High Yield Cor | iShares iBoxx $ High Yield Corporate Bond ETF                   | CUSIP: 464288513<br>LEI: 549300FCCXHK7O37PQ68 | Long             | EC               | RF                | US        |       384 | NS      | $31100.16     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KOHL'S CORPORATION             | Kohl's Corp                                                     | CUSIP: 500255AN4<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    511000 | PA      | $418035.41    | 2.21%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD              | Kosmos Energy Ltd                                               | CUSIP: 500688AD8<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     51000 | PA      | $35546.61     | 0.19%             | 2028-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LAND O'LAKES INC               | Land O' Lakes Inc                                               | CUSIP: 514666AM8<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |    756000 | PA      | $686448.30    | 3.63%             | 2027-04-04      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC               | Vital Energy Inc                                                | CUSIP: 516806AJ5<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |    280000 | PA      | $291846.24    | 1.55%             | 2030-10-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP          | Lincoln National Corp                                           | CUSIP: 534187AS8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    561000 | PA      | $459869.39    | 2.43%             | 2066-05-17      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR BANK NA               | Flagstar Bank NA                                                | CUSIP: 64944P307<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | DBT              | CORP              | US        |     10937 | NS      | $424902.45    | 2.25%             | 2051-11-01      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp                                     | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |      5971 | NS      | $140557.34    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    326000 | PA      | $309730.58    | 1.64%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp                                         | CUSIP: 919794305<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |      5806 | NS      | $147472.40    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-16

**Name of Applicant:** Series Portfolios Trust

**Signature:** /s/Ryan Roell

**Name of Signer:** Series Portfolios Trust

**Title:** President