CrossingBridge Pre-Merger SPAC ETF
Schedule of Investments
December 31, 2022 (Unaudited)
	Number of
	Shares		Value
Special Purpose Acquisition Companies - 88.67%
A SPAC I Acquisition Corp. (a)(b)		93,959		958,382
African Gold Acquisition Corp. (a)(b)		54,849		551,232
Agile Growth Corp. (a)(b)		94,601		954,524
Ahren Acquisition Corp. (a)(b)		4,449		45,825
Anthemis Digital Acquisitions I Corp. (a)(b)		10,780		110,872
Anzu Special Acquisition Corp. I (b)		1,458		14,726
AP Acquisition Corp. (a)(b)		18,052		186,928
Apollo Strategic Growth Capital II (a)(b)		143,914		1,442,018
Ares Acquisition Corp. (a)(b)		28,381		285,797
ARYA Sciences Acquisition Corp. V (a)(b)		180,000		1,809,900
Ault Disruptive Technologies Corp. (b)		22,284		229,191
Avalon Acquisition, Inc. (b)		25,014		256,393
Banner Acquisition Corp. (b)		46,913		472,883
Battery Future Acquisition Corp. (a)(b)		18,985		194,976
Berenson Acquisition Corp. Founder Shares (b)(c)(d)		922		34
BioPlus Acquisition Corp. (a)(b)		30,182		310,271
bleuacacia Ltd. (a)(b)		93,914		942,897
Brigade-M3 European Acquisition Corp. (a)(b)		72,096		710,146
Broad Capital Acquisition Corp. (b)		49,003		500,811
Bullpen Parlay Acquisition Co. (a)(b)		34,126		349,450
Cactus Acquisition Corp. 1 Ltd. (a)(b)		1,155		11,879
Cartesian Growth Corp. (b)		12,972		130,498
Cartesian Growth Corp. II (a)(b)		70,000		718,200
Cartica Acquisition Corp. (a)(b)		43,178		446,892
Catalyst Partners Acquisition Corp. (a)(b)		60,000		604,800
CC Neuberger Principal Holdings III (a)(b)		62,487		631,119
Churchill Capital Corp. V (b)		8,289		82,393
Churchill Capital Corp. VII (b)		23,856		237,844
Consilium Acquisition Corp. I Ltd. (a)(b)		20,000		203,100
Crescera Capital Acquisition Corp. (a)(b)		114,092		1,166,020
Crown PropTech Acquisitions (a)(b)		141,909		1,434,700
Deep Lake Capital Acquisition Corp. (a)(b)		20,000		201,800
DP Cap Acquisition Corp. I (a)(b)		14,092		144,584
Elliott Opportunity II Corp. (a)(b)		207,709		2,093,707
Enphys Acquisition Corp. (a)(b)		40,586		407,078
Enterprise 4.0 Technology Acquisition Corp. (a)(b)		17,965		184,860
Epiphany Technology Acquisition Corp. (b)		1,498		15,070
ESGEN Acquisition Corp. (a)(b)		3,003		31,051
ESM Acquisition Corp. (a)(b)		94,246		950,942
EVe Mobility Acquisition Corp. (a)(b)		13,056		134,477
Everest Consolidator Acquisition Corp. (b)		9,895		101,226
Financials Acquisition Corp. (a)(b)(e)		16,603		201,225
Finnovate Acquisition Corp. (a)(b)		16,866		173,298
Flame Acquisition Corp. (b)		7,463		75,003
FTAC Hera Acquisition Corp. (a)(b)		28,084		284,210
FutureTech II Acquisition Corp. (b)		10,655		110,066
G Squared Ascend I, Inc. (a)(b)		9,771		98,736
Games & Esports Experience Acquisition Corp. (a)(b)		14,092		145,289
Global Technology Acquisition Corp. I (a)(b)		12,170		125,108
Goal Acquisitions Corp. (b)		18,894		190,074
GoGreen Investments Corp. (a)(b)		2,925		30,361
GP Bullhound Acquisition I SE (a)(b)(f)		70,946		755,641
GSR II Meteora Acquisition Corp. (b)		37,163		377,019
HCM Acquisition Corp. (a)(b)		43,358		444,853
Healthcare AI Acquisition Corp. (a)(b)		50,000		513,750
HH&L Acquisition Co. (a)(b)		1,458		14,740
Hiro Metaverse Acquisitions I SA (a)(b)(e)		42,576		516,012
Ibere Pharmaceuticals (a)(b)		66,225		668,210
Iconic Sports Acquisition Corp. (a)(b)		132,506		1,372,100
Independence Holdings Corp. (a)(b)		102,157		1,030,764
Infinite Acquisition Corp. (a)(b)		199,042		2,040,180
InFinT Acquisition Corp. (a)(b)		14,808		153,411
Innovative International Acquisition Corp. (a)(b)		8,966		92,350
Investcorp Europe Acquisition Corp. I (a)(b)		29,715		306,064
Investcorp India Acquisition Corp. (a)(b)		111,000		1,148,850
Itiquira Acquisition Corp. (a)(b)		20,748		209,347
Jaguar Global Growth Corp. I (a)(b)		56,926		582,353
Kismet Acquisition Two Corp. (a)(b)		104,998		1,060,480
Lazard Growth Acquisition Corp. I (a)(b)		128,302		1,297,133
Leo Holdings Corp. II (a)(b)		4,696		47,383
LF Capital Acquisition Corp. II (b)		4,957		50,859
Lionheart III Corp. (b)		2,754		28,242
Live Oak Mobility Acquisition Corp. (b)		1,458		14,660
M3-Brigade Acquisition II Corp. (b)		3,874		38,817
M3-Brigade Acquisition III Corp. (b)		12,589		127,652
Macondray Capital Acquisition Corp. I (a)(b)		9,843		100,300
Mason Industrial Technology, Inc. (b)		15,441		154,333
McLaren Technology Acquisition Corp. (b)		3,671		37,481
MELI Kaszek Pioneer Corp. (a)(b)		59,714		595,349
Mercato Partners Acquisition Corp. (b)		13,519		138,570
Mercury Ecommerce Acquisition Corp. (b)		42,969		436,995
New Vista Acquisition Corp. (a)(b)		2,774		28,004
Northern Star Investment Corp. III (b)		2,844		28,582
Onyx Acquisition Co. I (a)(b)		40,996		422,259
Oxus Acquisition Corp. (a)(b)		7,470		77,165
Pathfinder Acquisition Corp. (a)(b)		7,965		80,247
Patria Latin American Opportunity Acquisition Corp. (a)(b)		40,000		414,400
Pearl Holdings Acquisition Corp. (a)(b)		20,042		205,731
PepperLime Health Acquisition Corp. (a)(b)		2,488		25,427
Peridot Acquisition Corp. II (a)(b)		141,010		1,424,906
Pivotal Investment Corp. III (b)		19,088		193,190
Plum Acquisition Corp. I (a)(b)		3,193		32,185
Pontem Corp. (a)(b)		19,718		199,349
Portage Fintech Acquisition Corp. (a)(b)		178,000		1,785,340
PowerUp Acquisition Corp. (a)(b)		11,421		117,808
Project Energy Reimagined Acquisition Corp. (a)(b)		750		7,552
Pyrophyte Acquisition Corp. (a)(b)		10,370		107,122
RCF Acquisition Corp. (a)(b)		4,957		50,859
Revelstone Capital Acquisition Corp. Founder Shares (b)(c)(d)		6,000		1,213
Rose Hill Acquisition Corp. (a)(b)		17,296		180,916
Screaming Eagle Acquisition Corp. (a)(b)		148,321		1,475,052
Seaport Global Acquisition II Corp. (b)		23,488		239,578
Semper Paratus Acquisition Corp. (a)(b)		7,865		81,245
Silver Spike Acquisition Corp. II (a)(b)		22,885		230,910
Sizzle Acquisition Corp. (b)		9,116		93,166
Slam Corp. (a)(b)		3,193		32,249
Spree Acquisition Corp. 1 Ltd. (a)(b)		46,978		481,994
ST Energy Transition I Ltd. (a)(b)		9,895		101,127
Supernova Partners Acquisition Co III Ltd. (a)(b)		95,218		959,797
Sustainable Development Acquisition I Corp. (b)		2,553		25,683
SVF Investment Corp. (a)(b)		26,228		265,165
SVF Investment Corp. 2 (a)(b)		95,844		966,108
Tailwind International Acquisition Corp. (a)(b)		85,063		858,286
Target Global Acquisition I Corp. (a)(b)		81,998		839,660
TB SA Acquisition Corp. (a)(b)		46,958		473,806
Tech and Energy Transition Corp. (b)		3,193		32,026
TortoiseEcofin Acquisition Corp. III (a)(b)		100,000		1,003,000
Trine II Acquisition Corp. (a)(b)		53,248		548,721
two (a)(b)		82,887		836,330
Vector Acquisition Corp. II (a)(b)		134,709		1,360,561
Warburg Pincus Capital Corp. I-A (a)(b)		47,524		479,992
Waverley Capital Acquisition Corp. 1 (a)(b)		135,000		1,352,700
Western Acquisition Ventures Corp. (b)		40,260		409,847
Worldwide Webb Acquisition Corp. (a)(b)		24,963		254,123
Total Special Purpose Acquisition Companies (Cost $53,793,638)				54,830,145

Rights - 0.04%
A SPAC I Acquisition Corp. (a)(b)		100,000		9,500
Broad Capital Acquisition Corp. (b)		100,000		10,000
Jaguar Global Growth Corp. I (a)(b)		50,000		4,000
Redwoods Acquisition Corp. (b)		11,250		1,365
ROC Energy Acquisition Corp. (b)		5,514		882
Total Rights (Cost $34,722)				25,747

Warrants - 0.06%
Brigade-M3 European Acquisition Corp. (a)(b)
Expiration: 01/17/2027, Exercise Price: $11.50		38,125		13,344
Financials Acquisition Corp. (a)(b)(e)
Expiration: 04/04/2027, Exercise Price: $11.50		8,777		424
GP Bullhound Acquisition I SE (a)(b)(f)
Expiration: 03/11/2027, Exercise Price: $11.50		37,500		12,043
Hambro Perks Acquisition Corp. (a)(b)(e)
Expiration: 01/07/2026, Exercise Price: $11.50		37,500		3,627
Hiro Metaverse Acquisitions I SA (a)(b)(e)
Expiration: 12/21/2026, Exercise Price: $11.50		22,500		4,216
Parabellum Acquisition Corp. (b)
Expiration: 03/26/2023, Exercise Price: $11.50		2,299		92
Total Warrants (Cost $33,940)				33,746

Money Market Funds - 9.52%
First American Government Obligations Fund - Class X, 4.105% (g)		2,739,769		2,739,769
First American Treasury Obligations Fund - Class X, 4.197% (g)		3,146,915		3,146,915
Total Money Market Funds (Cost $5,886,684)				5,886,684

Total Investments (Cost $59,748,984) - 98.29%				60,776,322
Other Assets in Excess of Liabilities - 1.71%				1,058,069
Total Net Assets - 100.00%			$	61,834,391

Percentages are stated as a percent of net assets.

(a) Foreign issued security.
(b) Non-income producing security.
(c) Illiquid security.
(d) Security valued using unobservable inputs.
(e) Holding denominated in British Pounds.
(f) Holding denominated in Euros.
(g) Seven day yield as of December 31, 2022.

CrossingBridge Pre-Merger SPAC ETF
Schedule of Forward Currency Exchange Contracts
December 31, 2022 (Unaudited)

Settlement Date	Counterparty	Currency to be Delivered	USD Value at December 31, 2022		Currency to be Received	USD Value at December 31, 2022		Unrealized Appreciation / (Depreciation)
1/13/2023	U.S. Bank	759,000 EUR	$	813,292	802,551 USD	$	802,551	$	(10,741	)
1/13/2023	U.S. Bank	633,000 GBP		765,566	779,635 USD		779,635		14,069
			$	1,578,858		$	1,582,186	$	3,328

EUR - Euro
GBP- British Pound
USD - U.S. Dollars

Organization
Trust for Professional Managers (the “Trust”) was organized as a Delaware statutory trust under a Declaration of Trust dated May 29, 2001. The Trust is registered
under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The CrossingBridge Funds (the
“Funds”) are comprised of the CrossingBridge Low Duration High Yield Fund, the CrossingBridge Responsible Credit Fund, the CrossingBridge Ultra-Short Duration
Fund (collectively, the “Mutual Funds”) and the CrossingBridge Pre-Merger SPAC ETF (the “ETF”), each representing a distinct diversified series with its own
investment objective and policies within the Trust. The investment objective of the CrossingBridge Low Duration High Yield Fund is to seek high current income and
capital appreciation consistent with the preservation of capital. The investment objective of the CrossingBridge Responsible Credit Fund is to seek high current
income and capital appreciation consistent with the preservation of capital. The investment objective of the CrossingBridge Ultra-Short Duration Fund is to offer a
higher yield than cash instruments while maintaining a low duration. The CrossingBridge Low Duration High Yield Fund commenced investment operations on
February 1, 2018. The Fund has registered both an Investor Class and Institutional Class of shares. During the fiscal quarter ended December 31, 2022, only the
Institutional Class was operational. Both the CrossingBridge Responsible Credit Fund and CrossingBridge Ultra-Short Duration Fund commenced investment
operations on June 30, 2021. Both Funds registered only an Institutional Class of shares. The investment objective of the CrossingBridge Pre-Merger SPAC ETF is to
provide total returns consistent with the preservation of capital. The ETF commenced investment operations on September 20, 2021. Costs incurred by the Funds in
connection with the organization, registration and the initial public offering of shares were paid by CrossingBridge Advisors, LLC (“the Adviser”), the Funds’
investment adviser. The Trust may issue an unlimited number of shares of beneficial interest at $0.001 par value. The Funds are investment companies and
accordingly follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards
Codification Topic 946 “Financial Services – Investment Companies.”

Significant Accounting Policies
The following is a summary of significant accounting policies consistently followed by the Fund in the preparation of the financial statements. These policies are in
conformity with generally accepted accounting principles in the United States of America (“GAAP”).

Investment Valuation
Each security owned by the Fund that is listed on a securities exchange, including Special Purpose Acquisition Companies ("SPACs"), is valued at its last sale price on that
exchange on the date as of which assets are valued. Bank loans are valued at prices supplied by an approved independent pricing service (“Pricing Service”), if available,
and otherwise will be valued at the most recent bid quotations or evaluated prices, as applicable, based on quotations or prices obtained from one or more broker-dealers
known to follow the issue.

If the security is listed on more than one exchange, the Fund will use the price of the exchange that the Fund generally considers to be the principal exchange on
which the security is traded. Portfolio securities listed on the NASDAQ Stock Market, LLC (“NASDAQ”) will be valued at the NASDAQ Official Closing Price, which may
not necessarily represent the last sale price. If there has been no sale on such exchange or on NASDAQ on such day, the security is valued at the mean between the
most recent bid and asked prices on such day or the security shall be valued at the latest sales price on the “composite market” for the day such security is being
valued. The composite market is defined as a consolidation of the trade information provided by national securities and foreign exchanges and over-the-counter
markets as published by a Pricing Service.

Foreign securities will be priced in their local currencies as of the close of their primary exchange or market or as of the time the Fund calculates its NAV, whichever
is earlier. Foreign securities, currencies and other assets denominated in foreign currencies are then translated into U.S. dollars at the exchange rate of such
currencies against the U.S. dollar, as provided by an approved Pricing Service or reporting agency. All assets denominated in foreign currencies will be converted
into U.S. dollars using the applicable currency exchange rates as of the close of the New York Stock Exchange (“NYSE”), generally 4:00 p.m. Eastern Time.

Forward currency contracts are valued at the mean between the bid and asked prices by an approved Pricing Service.

Debt securities, including corporate bonds, bank loans, commercial paper, and short-term debt instruments having a maturity of 60 days or less, are valued at the
mean in accordance with prices supplied by an approved Pricing Service. Pricing Services may use various valuation methodologies such as the mean between the
bid and the asked prices, matrix pricing and other analytical pricing models as well as market transactions and dealer quotations. If a price is not available from a
Pricing Service, the most recent quotation obtained from one or more broker-dealers known to follow the issue will be obtained. Quotations will be valued at the
mean between the bid and the offer. Any discount or premium is accreted or amortized using constant yield method over the life of the security.

Money market funds are valued at cost. If cost does not represent current market value the securities will be priced at fair value.

SPAC Founders Shares, received as part of the initial public offering process, will be valued initially in line with the publicly traded warrants, which typically have no value
prior to the warrants being separated from the SPAC common shares. Upon a de-SPAC transaction, the valuation of the Founders Shares may be updated to reflect
more current circumstances and inputs, including the value of the publicly traded warrants or the value of the publicly traded common shares, and may include a
discount to reflect any restrictions associated with the Founders Shares.

Redeemable securities issued by open-end, registered investment companies are valued at the NAVs of such companies for purchase and/or redemption orders
placed on that day. All exchange-traded funds are valued at the last reported sale price on the exchange on which the security is principally traded.

If market quotations are not readily available, a security or other asset will be valued at its fair value in accordance with Rule 2a-5 of the 1940 Act as determined under the
Adviser’s fair value pricing procedures, subject to oversight by the Board of Trustees. These fair value pricing procedures will also be used to price a security when
corporate events, events in the securities market and/or world events cause the Adviser to believe that a security’s last sale price may not reflect its actual fair market value.
The intended effect of using fair value pricing procedures is to ensure that the Fund is accurately priced. The Board of Trustees will regularly evaluate whether the Fund’s
fair value pricing procedures continue to be appropriate in light of the specific circumstances of the Fund and the quality of prices obtained through the application of such
procedures by the Adviser.

FASB Accounting Standards Codification, “Fair Value Measurements and Disclosures” Topic 820 (“ASC 820”), establishes an authoritative definition of fair value and
sets out a hierarchy for measuring fair value. ASC 820 requires an entity to evaluate certain factors to determine whether there has been a significant decrease in
volume and level of activity for the security such that recent transactions and quoted prices may not be determinative of fair value and further analysis and
adjustment may be necessary to estimate fair value. ASC 820 also requires enhanced disclosure regarding the inputs and valuation techniques used to measure fair
value in those instances as well as expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below:

Level 1 – Quoted prices in active markets for identical securities.
Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3 – Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Funds investments carried at fair value as of December 31, 2022:

CrossingBridge Pre-Merger SPAC ETF	Level 1		Level 2		Level 3		Total
Assets⁽¹⁾:
Special Purpose Acquisition Companies	$	43,570,777	$	11,258,121		1,247		54,830,145
Rights		10,882		14,865		-		25,747
Warrants		8,360		25,386		-		33,746
Money Market Fund		5,886,684		-		-		5,886,684
Total Assets	$	49,476,703	$	11,298,372	$	1,247	$	60,776,322

Other Financial Instruments⁽²⁾:
Forward Currency Exchange Contracts	$	-	$	3,328	$	-	$	3,328
Total Other Financial Instruments	$	-	$	3,328	$	-	$	3,328

⁽¹⁾ See the Fund's Schedule of Investments for industry classifications.
⁽²⁾ Other financial instruments are forward currency exchange contracts not included in the Schedule of Investments, which are reflected at the net unrealized
appreciation (depreciation) on the instrument.

The following is a reconciliation of Level 3 assets in the Funds for which significant unobservable inputs were used to determine fair value:

CrossingBridge Pre-Merger SPAC ETF
	Special Purpose Acquisition Companies
Beginning Balance - October 1, 2022	$	731
Purchases		-
Sales		(23	)
Realized gains		-
Realized losses		-
Change in unrealized appreciation (depreciation)		539
Transfer in/(out) of Level 3		-
Ending Balance - December 31, 2022	$	1,247

The following table represents additional information about valuation methodologies and inputs used for investments that are measured at fair value and
categorized within Level 3 as of December 31, 2022:

CrossingBridge Pre-Merger SPAC ETF
Description	Fair Value December 31, 2022		Valuation Methodologies	Unobservable Input	Range/Weighted Average Unobservable Input
Special Purpose Acquisition Companies*	$	1,247	Company-specific information	Market assessment	$	0-$1

* Table presents information for two securities, which have been valued between $0.01 and $0.21 throughout the period.