# EDGAR Filing Document

**Accession Number:** 0001502745
**File Stem:** 0001752724-25-182760
**Filing Date:** 2025-7
**Character Count:** 25450
**Document Hash:** 8a56a8e373e847ce872ac820cc06fb98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182760.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182760

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Copeland Trust
- **CENTRAL INDEX KEY:** 0001502745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22483
- **FILM NUMBER:** 251162974

**BUSINESS ADDRESS:**
- **STREET 1:** 1400 PEOPLES PLAZA
- **STREET 2:** SUITE 104
- **CITY:** NEWARK
- **STATE:** DE
- **ZIP:** 19702
- **BUSINESS PHONE:** 617-399-6935

**MAIL ADDRESS:**
- **STREET 1:** 1400 PEOPLES PLAZA
- **STREET 2:** SUITE 104
- **CITY:** NEWARK
- **STATE:** DE
- **ZIP:** 19702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Edgartown Trust
- **DATE OF NAME CHANGE:** 20101004

## Series and Classes Contracts Data

### Copeland Dividend Growth Fund (Series ID: S000030695)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000095114 | Copeland Dividend Growth Fund Class A shares | CDGRX           |
| C000109647 | Copeland Dividend Growth Fund Class C shares | CDCRX           |
| C000124573 | Copeland Dividend Growth Fund Class I shares | CDIVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Copeland Trust

- **b. Investment Company Act file number:** 811-22483

- **c. CIK number of Registrant:** 0001502745

- **d. LEI of Registrant:** 5493005MVJ95H6N82870

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

  - **Street Address 1:** 1400 PEOPLES PLAZA

  - **City:** NEWARK

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19702

  - **Telephone number:** 617-399-6935

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

- **a. Name of Series:** Copeland Dividend Growth Fund

- **b. EDGAR series identifier (if any):** S000030695

- **c. LEI of Series:** 549300KVFXT7DVDGME23

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $30984194.27

**Total Liabilities:** $843440.95

**Net Assets:** $30140753.32

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000095114 | -3.94%               | -0.26%               | 5.48%                |
| Class ID C000124573 | -3.93%               | -0.26%               | 5.50%                |
| Class ID C000109647 | -3.94%               | -0.37%               | 5.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $113184.64               | $-1441589.00                               |
| Month 2  | $121300.97               | $-236683.30                                |
| Month 3  | $405770.62               | $1174925.30                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| The New York Times Company                   | NEW YORK TIMES-A | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |      6866 | NS      | $392185.92    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc.                      | POWER INTEGRATIO | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |      5716 | NS      | $284256.68    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd              | BROOKFIELD-A     | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |      9044 | NS      | $507368.40    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corporation                        | AIR LEASE C      | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |      8179 | NS      | $471192.19    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                            | TRACTOR SUPPLY   | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      7844 | NS      | $379649.60    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                           | NEXTERA ENERGY   | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      5342 | NS      | $377358.88    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                   | NASDAQ INC       | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      5449 | NS      | $455209.46    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                 | NT-INST TRSR-PRM | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    425524 | PA      | $425524.27    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                           | DOMINO'S PIZZA   | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       984 | NS      | $466238.88    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                       | DIAMONDBACK ENER | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2344 | NS      | $315385.20    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Company                     | VULCAN MATERIALS | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      1458 | NS      | $386472.06    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Pricesmart Inc                               | PRICESMART INC   | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |      4920 | NS      | $531261.60    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                   | AMERIPRISE FINAN | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |       907 | NS      | $461880.68    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                    | WESCO INTL       | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      2225 | NS      | $373555.25    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                             | ENSIGN GROUP INC | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      3444 | NS      | $507163.44    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc (CA) Inc               | WASTE CONNECTION | CUSIP: 94106B101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2622 | NS      | $516769.98    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.            | BOOZ ALLEN HAMIL | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      3360 | NS      | $357000.00    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                | FACTSET RESEARCH | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       796 | NS      | $364774.96    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                         | AMPHENOL CORP-A  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      5644 | NS      | $507564.92    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | MICROSOFT CORP   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1326 | NS      | $610437.36    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation                 | ENCOMPASS HEALTH | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      4201 | NS      | $507900.90    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                                 | NORDSON CORP     | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      1448 | NS      | $306961.52    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                         | OTIS WORLDWI     | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |      3914 | NS      | $373199.90    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Incorporated                 | BENTLEY SYSTEM-B | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |      8495 | NS      | $405466.35    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.                 | JACK HENRY       | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      2156 | NS      | $390602.52    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.                | MONOLITHIC POWER | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       596 | NS      | $394492.40    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                               | MORGAN STANLEY   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      4013 | NS      | $513784.39    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                              | ELI LILLY & CO   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       531 | NS      | $391702.77    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                          | CHENIERE ENERGY  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1813 | NS      | $429662.87    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                           | VERTIV HOLDING-A | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      5033 | NS      | $543211.69    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp.                      | UNIVERSAL DISPLA | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2530 | NS      | $362675.50    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                       | MOTOROLA SOLUTIO | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      1073 | NS      | $445702.74    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Steris PLC                                   | STERIS PLC       | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      1757 | NS      | $430833.97    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                          | CHURCHILL DOWNS  | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      4035 | NS      | $385221.45    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                   | APPLE INC        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      2830 | NS      | $568405.50    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.              | AUTOMATIC DATA   | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1427 | NS      | $464531.31    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation                           | CINTAS CORP      | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1658 | NS      | $375537.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                 | MARRIOTT INTL-A  | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      1559 | NS      | $411310.97    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                              | HOME DEPOT INC   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1072 | NS      | $394806.88    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.           | AMERICAN WATER W | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      2908 | NS      | $415756.76    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                     | ALLSTATE CORP    | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      2289 | NS      | $480392.43    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                    | EBAY INC         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      6011 | NS      | $439824.87    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.          | BROADRIDGE FINL  | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      1947 | NS      | $472790.01    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.          | HUNT (JB) TRANS  | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      2874 | NS      | $399054.90    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | META PLATFORMS-A | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       585 | NS      | $378781.65    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                                  | RESMED INC       | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      1935 | NS      | $473668.65    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | SALESFORCE INC   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1548 | NS      | $410792.76    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                   | INTUIT INC       | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       774 | NS      | $583185.78    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                              | ROSS STORES INC  | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      3172 | NS      | $444365.48    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                  | CASEY'S GENERAL  | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1117 | NS      | $488977.92    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                 | RELIANCE INC     | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      1149 | NS      | $336450.18    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                      | NEXSTAR MEDIA    | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      2466 | NS      | $420255.72    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc              | EQUITY LIFESTYLE | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      6713 | NS      | $426745.41    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                | EQUINIX INC      | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       487 | NS      | $432855.34    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                     | VISA INC-CLASS A | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1681 | NS      | $613884.39    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corporation                             | POOL CORP        | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      1039 | NS      | $312313.01    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | ACCENTURE PLC-A  | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      1106 | NS      | $350402.92    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMIC-ADR | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      1901 | NS      | $367501.32    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                         | SCHLUMBERGER LTD | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     10025 | NS      | $331326.25    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                  | CENCORA INC      | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      1482 | NS      | $431617.68    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                               | TETRA TECH INC   | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     11590 | NS      | $404954.60    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                    | MSCI INC         | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |       796 | NS      | $448959.92    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                 | BROADCOM INC     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2874 | NS      | $695709.18    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                      | UNITEDHEALTH GRP | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1504 | NS      | $454072.64    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                    | KINSALE CAPITAL  | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |       986 | NS      | $465382.14    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMORGAN CHASE   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      1868 | NS      | $493152.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                  | ZOETIS INC       | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      2641 | NS      | $445351.83    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                            | HAMILTON LANE-A  | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      2974 | NS      | $443126.00    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company                 | SHERWIN-WILLIAMS | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1338 | NS      | $480087.78    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** Copeland Trust

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer