# EDGAR Filing Document

**Accession Number:** 0001322252
**File Stem:** 0000910472-26-010025
**Filing Date:** 2026-6
**Character Count:** 35613
**Document Hash:** 27a517c5ac677cb07870ad5787576fd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-010025.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0000910472-26-010025

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CRM Mutual Fund Trust
- **CENTRAL INDEX KEY:** 0001322252

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21749
- **FILM NUMBER:** 261131515

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CRAMER ROSENTHAL MCGLYNN, LLC
- **STREET 2:** 28 HAVEMEYER PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 212.326.5334

**MAIL ADDRESS:**
- **STREET 1:** C/O CRAMER ROSENTHAL MCGLYNN, LLC
- **STREET 2:** 28 HAVEMEYER PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Series and Classes Contracts Data

### CRM LONG/SHORT OPPORTUNITIES FUND (Series ID: S000054584)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000171454 | INSTITUTIONAL SHARES | CRIHX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** CRM Mutual Fund Trust

- **b. Investment Company Act file number:** 811-21749

- **c. CIK number of Registrant:** 0001322252

- **d. LEI of Registrant:** 549300RX3217CTPTEU48

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

  - **Street Address 1:** 300 First Stamford Pl

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 6902

  - **Telephone number:** 212-326-5300

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

- **a. Name of Series:** CRM LONG/SHORT OPPORTUNITIES

- **b. EDGAR series identifier (if any):** S000054584

- **c. LEI of Series:** 549300O40P4UKGEE8537

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $701341665.71

**Total Liabilities:** $246201688.84

**Net Assets:** $455139976.87

**Cash Not Reported:** $89606859.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000171454 | 1.06%                | -5.11%               | 5.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8351001.67              | $-2424794.96                               |
| Month 2  | $-7760178.74             | $-23053712.21                              |
| Month 3  | $-858865.03              | $22671729.31                               |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** 500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| INTEL CORP                                      | Intel Corporation                                     | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     50297 | NS      | $4752060.56   | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                   | Goldman Sachs Group, Inc. (The)                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Short            | EC               | CORP              | US        |     -7044 | NS      | $-6507035.88  | -1.43%            |  |  |  | No            | 1                  | On Loan: No      |
| CAVA GROUP INC                                  | Cava Group, Inc.                                      | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -11651 | NS      | $-1088319.91  | -0.24%            |  |  |  | No            | 1                  | On Loan: No      |
| BROADCOM INC                                    | Broadcom, Inc.                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     22361 | NS      | $9334152.23   | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| ADOBE INC                                       | Adobe, Inc.                                           | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Short            | EC               | CORP              | US        |     -3884 | NS      | $-955852.40   | -0.21%            |  |  |  | No            | 1                  | On Loan: No      |
| XYLEM INC                                       | Xylem Inc                                             | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     53936 | NS      | $6373077.76   | 1.40%             |  |  |  | No            | 1                  | On Loan: No      |
| TIMKEN COMPANY (THE)                            | Timken Company (The)                                  | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     73161 | NS      | $8112823.29   | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1524)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -74946 | NC      | $-74242.13    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| NEXTERA ENERGY INC                              | NextEra Energy, Inc.                                  | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    115964 | NS      | $11350556.32  | 2.49%             |  |  |  | No            | 1                  | On Loan: No      |
| TETRA TECHNOLOGIES INC                          | TETRA Technologies, Inc.                              | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |   1070494 | NS      | $10191102.88  | 2.24%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1530)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -76755 | NC      | $-31781.44    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1529)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -76393 | NC      | $-48691.88    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1531)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -77406 | NC      | $-60023.80    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1523)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75573 | NC      | $-300403.28   | -0.07%            |  |  |  | No            | N/A                | On Loan: No      |
| KNOWLES CORP                                    | Knowles Corporation                                   | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    474970 | NS      | $14814314.30  | 3.25%             |  |  |  | No            | 1                  | On Loan: No      |
| TARGET CORP                                     | Target Corporation                                    | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     33963 | NS      | $4406699.25   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| BELDEN INC                                      | Belden, Inc.                                          | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     53068 | NS      | $5969088.64   | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1518)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -73885 | NC      | $-153023.05   | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| DAUCH CORP                                      | Dauch Corporation                                     | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |   1165944 | NS      | $6657540.24   | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| COOPER COMPANIES INC (THE)                      | Cooper Companies, Inc. (The)                          | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |     98826 | NS      | $6216155.40   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                | Ishares Russell Put @ 240 May 2026                    | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |      1795 | NS      | $27822.50     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| ON HOLDING AG                                   | On Holding A.G.                                       | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Short            | EC               | CORP              | CH        |    -63368 | NS      | $-2256534.48  | -0.50%            |  |  |  | No            | 1                  | On Loan: No      |
| FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST | Federated Hermes Treasury Oligations Fund             | CUSIP: 60934N500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |  17203171 | PA      | $17203171.47  | 3.78%             |  |  |  | No            | 1                  | On Loan: No      |
| REGAL REXNORD CORP                              | Regal Rexnord Corporation                             | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     90625 | NS      | $19487093.75  | 4.28%             |  |  |  | No            | 1                  | On Loan: No      |
| RANGE RESOURCES CORP                            | Range Resources Corporation                           | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |    107052 | NS      | $4656762.00   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| TELEDYNE TECHNOLOGIES INC                       | Teledyne Technologies, Inc.                           | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     19900 | NS      | $12852415.00  | 2.82%             |  |  |  | No            | 1                  | On Loan: No      |
| CHAMPION HOMES INC                              | Champion Homes, Inc.                                  | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    231592 | NS      | $17654258.16  | 3.88%             |  |  |  | No            | 1                  | On Loan: No      |
| BLACKSTONE INC                                  | Blackstone, Inc.                                      | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Short            | EC               | CORP              | US        |    -28150 | NS      | $-3535077.00  | -0.78%            |  |  |  | No            | 1                  | On Loan: No      |
| KROGER COMPANY (THE)                            | Kroger Company (The)                                  | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Short            | EC               | CORP              | US        |    -94147 | NS      | $-6408586.29  | -1.41%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1532)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -77213 | NC      | $-36104.88    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| AUTOLIV INC                                     | Autoliv, Inc.                                         | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Short            | EC               | CORP              | US        |    -23350 | NS      | $-2706965.50  | -0.59%            |  |  |  | No            | 1                  | On Loan: No      |
| BIO-TECHNE CORP                                 | Bio-Techne Corporation                                | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |    130209 | NS      | $7203161.88   | 1.58%             |  |  |  | No            | 1                  | On Loan: No      |
| VICTORIA'S SECRET & COMPANY                     | Victoria's Secret & Company                           | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    207880 | NS      | $10774420.40  | 2.37%             |  |  |  | No            | 1                  | On Loan: No      |
| WILLSCOT HOLDINGS CORP                          | WillScot Holdings Corporation                         | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    690265 | NS      | $15627599.60  | 3.43%             |  |  |  | No            | 1                  | On Loan: No      |
| WALMART INC                                     | Walmart, Inc.                                         | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Short            | EC               | CORP              | US        |    -34711 | NS      | $-4579422.23  | -1.01%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1527)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -76538 | NC      | $50844.31     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| STEVEN MADDEN LTD                               | Steven Madden Ltd.                                    | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    376394 | NS      | $14137358.64  | 3.11%             |  |  |  | No            | 1                  | On Loan: No      |
| BLACKROCK LIQUIDITY FUNDS                       | Blackrock Liquidity Funds T-Fund Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  17203172 | PA      | $17203171.62  | 3.78%             |  |  |  | No            | 1                  | On Loan: No      |
| EVERGY INC                                      | Evergy, Inc.                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    165306 | NS      | $13693949.04  | 3.01%             |  |  |  | No            | 1                  | On Loan: No      |
| VAIL RESORTS INC                                | Vail Resorts, Inc.                                    | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     93520 | NS      | $11893873.60  | 2.61%             |  |  |  | No            | 1                  | On Loan: No      |
| SLB LTD                                         | SLB Ltd.                                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     86090 | NS      | $4896799.20   | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| MARTEN TRANSPORT LTD                            | Marten Transport Ltd.                                 | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    184137 | NS      | $2776785.96   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1520)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75477 | NC      | $-43308.79    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| FULTON FINANCIAL CORP                           | Fulton Financial Corporation                          | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Short            | EC               | CORP              | US        |   -239118 | NS      | $-5162557.62  | -1.13%            |  |  |  | No            | 1                  | On Loan: No      |
| URBAN OUTFITTERS INC                            | Urban Outfitters, Inc.                                | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Short            | EC               | CORP              | US        |    -30249 | NS      | $-2127714.66  | -0.47%            |  |  |  | No            | 1                  | On Loan: No      |
| ROPER TECHNOLOGIES INC                          | Roper Technologies, Inc.                              | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Short            | EC               | CORP              | US        |     -6875 | NS      | $-2439318.75  | -0.54%            |  |  |  | No            | 1                  | On Loan: No      |
| ROCKWELL AUTOMATION INC                         | Rockwell Automation, Inc.                             | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Short            | EC               | CORP              | US        |     -5427 | NS      | $-2219154.57  | -0.49%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1522)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75670 | NC      | $-64721.87    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| SUN COMMUNITIES INC                             | Sun Communities, Inc.                                 | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     81652 | NS      | $10438391.68  | 2.29%             |  |  |  | No            | 1                  | On Loan: No      |
| INVESCO EXCHANGE-TRADED FUND TRUST II           | Invesco KBW Bank ETF USD Class                        | CUSIP: 46138E628<br>LEI: O540V2L4S174Y60FMD36 | Short            | EC               | RF                | US        |   -108933 | NS      | $-9513118.89  | -2.09%            |  |  |  | No            | 1                  | On Loan: No      |
| BANKUNITED INC                                  | BankUnited, Inc.                                      | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    447167 | NS      | $20784322.16  | 4.57%             |  |  |  | No            | 1                  | On Loan: No      |
| HANCOCK WHITNEY CORP                            | Hancock Whitney Corporation                           | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Short            | EC               | CORP              | US        |    -72268 | NS      | $-4878812.68  | -1.07%            |  |  |  | No            | 1                  | On Loan: No      |
| HUB GROUP INC                                   | Hub Group, Inc.                                       | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    420898 | NS      | $18447959.34  | 4.05%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1515)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -72971 | NC      | $-647785.75   | -0.14%            |  |  |  | No            | N/A                | On Loan: No      |
| AMAZON.COM INC                                  | Amazon.com, Inc.                                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     17681 | NS      | $4686525.86   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| GATES INDUSTRIAL CORP PLC                       | Gates Industrial Corp plc                             | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |    356204 | NS      | $9122384.44   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| BURLINGTON STORES INC                           | Burlington Stores, Inc.                               | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     24242 | NS      | $7757682.42   | 1.70%             |  |  |  | No            | 1                  | On Loan: No      |
| FIRST INTERSTATE BANCSYSTEM INC                 | First Interstate BancSystem, Inc.                     | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |    322506 | NS      | $11445737.94  | 2.51%             |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                | iShares Russell 2000 ETF 05/15/2026 263 Put           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |      1528 | NS      | $159676.00    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| MOHAWK INDUSTRIES INC                           | Mohawk Industries, Inc.                               | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Short            | EC               | CORP              | US        |    -77479 | NS      | $-8178683.24  | -1.80%            |  |  |  | No            | 1                  | On Loan: No      |
| SEMTECH CORP                                    | Semtech Corporation                                   | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |    208797 | NS      | $21934124.85  | 4.82%             |  |  |  | No            | 1                  | On Loan: No      |
| BJ'S RESTAURANTS INC                            | BJ's Restaurants, Inc.                                | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |    296214 | NS      | $11374617.60  | 2.50%             |  |  |  | No            | 1                  | On Loan: No      |
| AMN HEALTHCARE SERVICES INC                     | AMN Healthcare Services, Inc.                         | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Short            | EC               | CORP              | US        |    -86380 | NS      | $-1768198.60  | -0.39%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1525)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75067 | NC      | $-4501.70     | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1533)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -76586 | NC      | $-84083.01    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| CHEESECAKE FACTORY INC (THE)                    | Cheesecake Factory, Inc. (The)                        | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Short            | EC               | CORP              | US        |    -36737 | NS      | $-2309655.19  | -0.51%            |  |  |  | No            | 1                  | On Loan: No      |
| LIFE360 INC                                     | Life360, Inc.                                         | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Short            | EC               | CORP              | US        |    -31937 | NS      | $-1376165.33  | -0.30%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1516)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -73667 | NC      | $-201383.96   | -0.04%            |  |  |  | No            | N/A                | On Loan: No      |
| DICKS SPORTING GOODS INC                        | Dick's Sporting Goods, Inc.                           | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Short            | EC               | CORP              | US        |    -13146 | NS      | $-2983090.32  | -0.66%            |  |  |  | No            | 1                  | On Loan: No      |
| VF CORP                                         | VF Corporation                                        | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Short            | EC               | CORP              | US        |   -151725 | NS      | $-2872154.25  | -0.63%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1526)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -76586 | NC      | $30554.04     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| MID-AMERICA APARTMENT COMMUNITIES INC           | Mid-America Apartment Communities, Inc.               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Short            | EC               | CORP              | US        |    -10448 | NS      | $-1349672.64  | -0.30%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1519)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75018 | NC      | $-80495.95    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1521)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75863 | NC      | $-133182.80   | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| TOWER SEMICONDUCTOR LTD                         | Tower Semiconductor Ltd.                              | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |     60063 | NS      | $13276926.15  | 2.92%             |  |  |  | No            | 1                  | On Loan: No      |
| BATH & BODY WORKS INC                           | Bath & Body Works, Inc.                               | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Short            | EC               | CORP              | US        |   -108186 | NS      | $-2103135.84  | -0.46%            |  |  |  | No            | 1                  | On Loan: No      |
| REZOLVE AI PLC                                  | Rezolve AI plc                                        | CUSIP: G75398100<br>LEI: 2138007EPO6C1AEMWX44 | Short            | EC               | CORP              | GB        |   -529542 | NS      | $-1360922.94  | -0.30%            |  |  |  | No            | 1                  | On Loan: No      |
| MKS INC                                         | MKS, Inc.                                             | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     41730 | NS      | $11840887.50  | 2.60%             |  |  |  | No            | 1                  | On Loan: No      |
| CANADIAN PACIFIC KANSAS CITY LTD                | Canadian Pacific Kansas City Ltd.                     | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    187015 | NS      | $16262824.40  | 3.57%             |  |  |  | No            | 1                  | On Loan: No      |
| META PLATFORMS INC                              | Meta Platforms, Inc.                                  | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      6513 | NS      | $3985369.83   | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| LENDINGCLUB CORP                                | LendingClub Corporation                               | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |    492950 | NS      | $8414656.50   | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| ABERCROMBIE & FITCH COMPANY                     | Abercrombie & Fitch Company                           | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Short            | EC               | CORP              | US        |    -78082 | NS      | $-6664298.70  | -1.46%            |  |  |  | No            | 1                  | On Loan: No      |
| WORKDAY INC                                     | Workday, Inc.                                         | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Short            | EC               | CORP              | US        |     -6248 | NS      | $-764755.20   | -0.17%            |  |  |  | No            | 1                  | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORP                   | First American Financial Corporation                  | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |    100346 | NS      | $7037264.98   | 1.55%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1528)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -76393 | NC      | $12692.61     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| SAIA INC                                        | Saia, Inc.                                            | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     15076 | NS      | $6766410.32   | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| ACV AUCTIONS INC                                | ACV Auctions, Inc.                                    | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    982829 | NS      | $5100882.51   | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1534)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -75955 | NC      | $-96556.27    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| ADVANCE AUTO PARTS INC                          | Advance Auto Parts, Inc.                              | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    117665 | NS      | $7002244.15   | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| TRUPANION INC                                   | Trupanion, Inc.                                       | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Short            | EC               | CORP              | US        |    -47447 | NS      | $-1138253.53  | -0.25%            |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY & CO. LLC                        | Morgan Stanley Custom Swap Index (MSCM1517)           | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | Short            | DE               | CORP              | US        |    -73788 | NC      | $3829.25      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** CRM Mutual Fund Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer