0001145549-20-074096.txt : 20201209 0001145549-20-074096.hdr.sgml : 20201209 20201209160421 ACCESSION NUMBER: 0001145549-20-074096 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201209 DATE AS OF CHANGE: 20201209 EFFECTIVENESS DATE: 20201209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUST FOR PROFESSIONAL MANAGERS CENTRAL INDEX KEY: 0001141819 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-10401 FILM NUMBER: 201377886 BUSINESS ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4147655067 MAIL ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: ZODIAC TRUST DATE OF NAME CHANGE: 20010601 0001141819 S000060190 CrossingBridge Low Duration High Yield Fund C000196992 CrossingBridge Low Duration High Yield Fund - Investor Class Shares CBLVX C000196993 CrossingBridge Low Duration High Yield Fund - Institutional Class Shares CBLDX N-CEN 1 primary_doc.xml X0303 N-CEN LIVE 0001141819 XXXXXXXX false false false N-1A S000060190 true Trust for Professional Managers 811-10401 0001141819 549300O1N816L3GGRD45 615 East Michigan Street Milwaukee 53202 US-WI US 5136298104 Barrett Asset Management, LLC 90 Park Avenue 34th Floor New York 10016 8773636333 Advisory data Rockefeller & Co. LLC 45 Rockefeller Plaza 5th Floor New York 10111 8553696209 Advisory data Snow Capital Management L.P. 1605 Carmody Court Suite 300 Sewickley 15143 8777669363 Advisory data Terra Firma Asset Management LLC 75 Broadway Street Suite 202 San Francisco 94111 8003116583 Advisory data Foreside Fund Services, LLC 3 Canal Plaza Suite 100 Portland 04101 8662516920 Distribution data Quasar Distributors, LLC 111 East Kilbourn Avenue Suite 2200 Milwaukee 53202 8336121912 Distribution data U.S. Bancorp Fund Services, LLC 615 East Michigan Street Milwaukee 53202 8336121912 Transfer agency, fund accounting and fund administration data U.S. Bank, N.A 1555 North River Center Drive Suite 302 Milwaukee 53212 8336121912 Custody Data Bright Rock Capital Management LLC 288 Union Street Rockland 02370 8662737223 Advisory data CrossingBridge Advisors, LLC 427 Bedford Road Suite 230 Pleasantville 10570 8888982780 Advisory data Convergence Investment Partners, LLC 3801 PGA Boulevard Suite 1001 Palm Beach Gardens 33410 8776779414 Advisory data Dearborn Partners, L.L.C. 200 West Madison Street Suite 1950 Chicago 60606 8889833380 Advisory data Jensen Investment Management, Inc. 5500 Meadows Road Suite 200 Lake Oswego 97035 8009924144 Advisory data Marketfield Asset Management LLC 510 Madison Avenue 9th Floor New York 10022 8003116583 Advisory data PT Asset Management, LLC 500 W Madison Suite 470 Chicago 60661 8882823220 Advisory data Envestnet Asset Management, Inc. 35 East Wacker Drive 24th Floor Chicago 60601 8667627338 Advisory data N N N N-1A 21 Y Jonas B. Siegel N/A N Michael D. Akers N/A N Gary A. Drska N/A N Joseph C. Neuberger N/A Y Elizabeth B. Scalf N/A 615 E. 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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of CrossingBridge Low Duration High Yield Fund and

Board of Trustees of Trust for Professional Managers

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the schedules of investments, written options contracts, and forward currency exchange contracts, of CrossingBridge Low Duration High Yield Fund (the "Fund"), a series of Trust for Professional Managers, as of September 30, 2020, the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, including the related notes, and the financial highlights for each of the three periods in the period then ended (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of September 30, 2020, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the three periods in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of September 30, 2020, by correspondence with the custodian, agent banks, and brokers or by other appropriate auditing procedures where replies from agent banks or brokers were not received. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as the auditor of one or more Funds advised by CrossingBridge Advisors, LLC since 2015.

/s/ Cohen & Company, LTD.

COHEN & COMPANY, LTD.

Cleveland, Ohio

November 30, 2020

C O H E N & C O M P A N Y , L T D .

800.229.1099 | 866.818.4535 fa x | cohencpa.com

Registered with the Public Company Accounting Oversight Board