0001145549-24-010591.txt : 20240227 0001145549-24-010591.hdr.sgml : 20240227 20240227151434 ACCESSION NUMBER: 0001145549-24-010591 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 PERIOD START: 20240930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUST FOR PROFESSIONAL MANAGERS CENTRAL INDEX KEY: 0001141819 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-10401 FILM NUMBER: 24685791 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 S000071658 CrossingBridge Responsible Credit Fund C000227081 CrossingBridge Responsible Credit Fund - Institutional Class Shares CBRDX NPORT-P 1 primary_doc.xml NPORT-P false 0001141819 XXXXXXXX S000071658 C000227081 Trust for Professional Managers 811-10401 0001141819 549300O1N816L3GGRD45 615 East Michigan Street Milwaukee 53202 513-629-8104 CrossingBridge Responsible Credit Fund S000071658 5493004P0C1R69YV6G05 2024-09-30 2023-12-31 N 31030396.180000000000 290467.240000000000 30739928.940000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 5679.570000000000 EUR NOK USD SEK N N/A N/A TACORA RESOURCES INC 549300L67A19OXSFBA84 Tacora Resources Inc 87356LAC4 757524.524200000000 PA USD 757524.520000000000 2.4643014676 Long DBT CORP CA N 3 2024-01-08 None 13.000000000000 N N N N N N VF CORPORATION CWAJJ9DJ5Z7P057HV541 VF Corp 91820LAR1 250000.000000000000 PA USD 248981.190000000000 0.8099602003 Long STIV CORP US N 2 2024-01-25 Fixed .000000000000 N N N N N N SECOP GROUP HLDG GMBH 3912009IWWPURB35WO49 Secop Group Holding GmbH ZK8432245 150000.000000000000 PA 168490.020000000000 0.5481145397 Long DBT CORP DE N 2 2026-12-29 Floating 12.325000000000 N N N N N N CLEAR CHANNEL INTL BV N/A Clear Channel International BV 18452MAB2 542000.000000000000 PA USD 545057.960000000000 1.7731269355 Long DBT CORP NL N 2 2025-08-01 Fixed 6.625000000000 N N N N N N STONEX GROUP INC 549300JUF07L8VF02M60 StoneX Group Inc 46116VAE5 1063000.000000000000 PA USD 1078668.620000000000 3.5090146828 Long DBT CORP US N 2 2025-06-15 Fixed 8.625000000000 N N N N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 Uber Technologies Inc 90353TAC4 489000.000000000000 PA USD 498414.230000000000 1.6213903128 Long DBT CORP US N 2 2026-11-01 Fixed 8.000000000000 N N N N N N REBELLION OPERATIONS AB 98450006942E59465630 Rebellion Operations AB BW1020005 2500000.000000000000 PA 229755.160000000000 0.7474160414 Long DBT CORP SE N 2 2025-05-20 Floating 12.126000000000 N N N N N N FIVEN ASA 549300Z4VK4GSH1X0129 Fiven ASA ZG2628763 1001000.000000000000 PA 1116102.180000000000 3.6307897204 Long DBT CORP NO N 2 2026-12-11 Floating 10.669000000000 N N N N N N INNOVATE CORP 549300S6O246JWQQ1K58 INNOVATE Corp 404139AJ6 460000.000000000000 PA USD 356500.000000000000 1.1597294213 Long DBT CORP US N 2 2026-02-01 Fixed 8.500000000000 N N N N N N MOUNTAINEER MERGER CORP 254900GJKZ8ZX0D5KG41 Mountaineer Merger Corp 62450LAB4 480519.470000000000 PA USD 362191.550000000000 1.1782445910 Long LON CORP US N 2 2028-10-26 Floating 12.876260000000 N N N N N N AUTONATION INC N/A AutoNation Inc 05330LA37 371000.000000000000 PA USD 370704.850000000000 1.2059391898 Long STIV CORP US N 2 2024-01-03 Fixed .000000000000 N N N N N N CHOBANI LLC/FINANCE CORP N/A Chobani LLC / Chobani Finance Corp Inc 17027NAA0 186000.000000000000 PA USD 185229.030000000000 0.6025681789 Long DBT CORP US N 2 2025-04-15 Fixed 7.500000000000 N N N N N N STANLEY BLACK & DECKER 549300DJ09SMTO561131 Stanley Black & Decker Inc 85462CAG0 750000.000000000000 PA USD 747958.310000000000 2.4331816494 Long STIV CORP US N 2 2024-01-16 Fixed .000000000000 N N N N N N CITRIX SYSTEMS INC HCTKJGUQOPZ5NBK7NP58 Citrix Systems Inc 177376AE0 145000.000000000000 PA USD 116365.400000000000 0.3785480449 Long DBT CORP US N 2 2027-12-01 Fixed 4.500000000000 N N N N N N FIVE POINT OP CO LP/FIVE N/A Five Point Operating Co LP / Five Point Capital Corp 33834YAA6 209000.000000000000 PA USD 207107.510000000000 0.6737410174 Long DBT CORP US N 2 2025-11-15 Fixed 7.875000000000 N N N N N N NGL ENERGY PARTNERS LP 5299005YSRP46BE8Z459 NGL Energy Partners LP 62913M206 4719.000000000000 NS USD 130385.970000000000 0.4241583325 Long EP CORP US N 1 N N N UPHEALTH INC 549300OSKGXG2OH2XE50 UpHealth Inc 91532BAC5 250000.000000000000 PA USD 216751.340000000000 0.7051133411 Long DBT CORP US N 2 2025-12-15 Floating 14.390000000000 N N N N N UpHealth Inc UpHealth Inc USD XXXX N N N LITHIUM MIDCO II LTD 213800LMLY7KJM93MI58 Lithium Midco II Ltd ZP4361637 645000.000000000000 PA 690684.890000000000 2.2468656038 Long DBT CORP JE N 2 2025-07-09 Floating 10.675000000000 N N N N N N N/A N/A EUR/USD FWD 20240112 N/A 1.000000000000 NC USD -405.040000000000 -0.0013176348 N/A DFE US N 2 U.S. BANCORP INVESTMENTS INC. H85Z6XZP8B10ES0M2G89 -1607585.850000000000 USD 1455000.000000000000 EUR 2024-01-12 -405.040000000000 N N N CHOBANI LLC 549300ISVDMZ91KNTR38 Chobani LLC N/A 686000.000000000000 PA USD 687999.690000000000 2.2381303852 Long LON CORP US N 2 2027-10-25 Floating 4.250000000000 N N N N N N SKILL BIDCO APS 636700YQKGLXCPPUYE74 Skill Bidco ApS ZL0669289 159000.000000000000 PA 177072.330000000000 0.5760336348 Long DBT CORP DK N 2 2028-03-02 Floating 10.714000000000 N N N N N N CTO Realty Growth Inc N/A CTO Realty Growth Inc 22948Q101 20000.000000000000 NS USD 346600.000000000000 1.1275237515 Long EC CORP US N 1 N N N NAI ENTER HOLDINGS LLC GZUKC3HJWQRZFI3N4M23 NAI Entertainment Holdings LLC 62981EAE2 901170.150000000000 PA USD 897038.280000000000 2.9181533951 Long LON CORP US N 2 2025-05-08 Floating 8.472730000000 N N N N N N CALLIGO UK LTD 549300ZTMDJ5UKV05P96 Calligo UK Ltd BT0607353 100000.000000000000 PA 76724.370000000000 0.2495918912 Long DBT CORP GB N 2 2024-12-29 Floating 12.425000000000 N N N N N N OPNET SPA 8156008F52B23E338F42 Opnet SpA BA0032827 553000.000000000000 PA 614298.610000000000 1.9983735525 Long DBT CORP IT N 2 2026-02-09 Floating 10.972000000000 N N N N N N N/A N/A SEK/USD FWD 20240112 N/A 1.000000000000 NC USD -30034.020000000000 -0.0977036091 N/A DFE US N 2 U.S. BANCORP INVESTMENTS INC. H85Z6XZP8B10ES0M2G89 -13800000.000000000000 SEK 1338999.830000000000 USD 2024-01-12 -30034.020000000000 N N N NOVEDO HOLDINGS AB 984500F0A56FIF3C6091 Novedo Holding AB BS3076053 1250000.000000000000 PA 115258.200000000000 0.3749462148 Long DBT CORP SE N 2 2024-11-26 Floating 10.647000000000 N N N N N N ALBEMARLE CORP HDBLS2Q6GV1LSKQPBS54 Albemarle Corp 01265QA59 550000.000000000000 PA USD 549385.610000000000 1.7872052049 Long STIV CORP US N 2 2024-01-05 Fixed .000000000000 N N N N N N N/A N/A EUR/USD FWD 20240112 N/A 1.000000000000 NC USD -90462.080000000000 -0.2942820075 N/A DFE US N 2 U.S. BANCORP INVESTMENTS INC. H85Z6XZP8B10ES0M2G89 -4525000.000000000000 EUR 4907815.000000000000 USD 2024-01-12 -90462.080000000000 N N N STOCKWIK FORVALTNING 213800X1259MBEKD5H24 Stockwik Forvaltning AB ZL4689937 8750000.000000000000 PA 837678.650000000000 2.7250507040 Long DBT CORP SE N 2 2026-03-20 Floating 12.088000000000 N N N N N N AMERICAN GREETINGS CORP 549300WMJOT8C9DNMF90 American Greetings Corp 026375AR6 180000.000000000000 PA USD 179901.000000000000 0.5852355754 Long DBT CORP US N 2 2025-04-15 Fixed 8.750000000000 N N N N N N DIEBOLD NIXDORF INC 549300XZK6EWDBAZSY16 Diebold Nixdorf Inc 25365TAM4 140681.550000000000 PA USD 145033.530000000000 0.4718082800 Long LON CORP US N 2 2028-08-11 Floating 12.859610000000 N N N N N N DOCUSIGN INC 549300Q7PVDWRZ39JG09 DocuSign Inc 256163AD8 709000.000000000000 PA USD 709016.430000000000 2.3064998992 Long DBT CORP US N 2 2024-01-15 Fixed .000000000000 N N N N Y DocuSign Inc DocuSign Inc USD XXXX N N N ESMAEILZADEH HOLDING AB 549300T6QRNXUOE2MB11 Esmaeilzadeh Holding AB BT4292509 2500000.000000000000 PA 229127.090000000000 0.7453728681 Long DBT CORP SE N 2 2025-01-26 Floating 11.594000000000 N N N N N N CONNECT FINCO SARL/CONNE N/A Connect Finco SARL / Connect US Finco LLC 20752TAA2 400000.000000000000 PA USD 398010.120000000000 1.2947659078 Long DBT CORP US N 2 2026-10-01 Fixed 6.750000000000 N N N N N N GETTY IMAGES INC 5493005NV20IG4VEKZ40 Getty Images Inc 374276AJ2 290000.000000000000 PA USD 292542.720000000000 0.9516701245 Long DBT CORP US N 2 2027-03-01 Fixed 9.750000000000 N N N N N N HAWAIIAN AIRLINES 13-1A N/A Hawaiian Airlines 2013-1 Class A Pass Through Certificates 419838AA5 992826.389000000000 PA USD 930992.170000000000 3.0286087252 Long DBT CORP US N 2 2026-01-15 Fixed 3.900000000000 N N N N N N IEA ENERGY SERVICES LLC N/A IEA Energy Services LLC 45174AAA0 862000.000000000000 PA USD 801660.000000000000 2.6078785073 Long DBT CORP US N 2 2029-08-15 Fixed 6.625000000000 N N N N N N INFRABUILD AUSTRALIA PTY 549300W2CPB5W6GFH859 Infrabuild Australia Pty Ltd 45682RAC4 1048000.000000000000 PA USD 1080750.000000000000 3.5157856159 Long DBT CORP AU N 2 2028-11-15 Fixed 14.500000000000 N N N N N N ZIFF DAVIS INC 5493008OJYGLHD7MXA18 Ziff Davis Inc 48123VAF9 318000.000000000000 PA USD 292090.700000000000 0.9501996591 Long DBT CORP US N 2 2030-10-15 Fixed 4.625000000000 N N N N N N LR GLOBAL HOLDING 529900YM1HDMG9MCJD66 LR Global Holding GmbH BN6772238 300000.000000000000 PA 325388.590000000000 1.0585209570 Long DBT CORP DE N 2 2025-02-03 Floating 11.205000000000 N N N N N N LIONS GATE CAPITAL HOLD 549300MWJHNLR35C0837 Lions Gate Capital Holdings LLC 53627MAB9 280873.240000000000 PA USD 280748.250000000000 0.9133015582 Long LON CORP US N 2 2025-03-24 Floating 7.698350000000 N N N N N N MAGNITE INC 54930018FR2YX1HHSB02 Magnite Inc 55955NAB4 970000.000000000000 PA USD 974651.150000000000 3.1706356638 Long LON CORP US N 2 2028-05-01 Floating 10.462830000000 N N N N N N FIRST BRANDS GROUP LLC N/A First Brands Group LLC 31935HAG2 514454.150000000000 PA USD 511562.920000000000 1.6641642894 Long LON CORP US N 2 2027-03-30 Floating 10.881090000000 N N N N N N DEAG DEUTSCHE ENTERTAINM 529900KBQWH91N5V5D11 DEAG Deutsche Entertainment AG ZK9039155 232000.000000000000 PA 268300.930000000000 0.8728092070 Long DBT CORP DE N 2 2026-07-12 Fixed 8.000000000000 N N N N N N GO NORTH GROUP AB FRN GTD 02/2026 USD1 'REGS' N/A GO NORTH GROUP AB FRN GTD 02/2026 USD1 'REGS' N/A 532250.000000000000 PA USD 441767.500000000000 1.4371129512 Long DBT CORP SE N 2 2026-02-09 Floating 15.116000000000 N N N N N N ARROW ELECTRS INC N/A ARROW ELECTRS INC 04273LAA3 804000.000000000000 PA USD 802446.270000000000 2.6104363207 Long STIV CORP US N 2 2024-01-10 Fixed .000000000000 N N N N N N XPO INC 54930096DB9LCLPN7H13 XPO Inc 98379KAA0 512000.000000000000 PA USD 519085.060000000000 1.6886345476 Long DBT CORP US N 2 2028-06-01 Fixed 6.250000000000 N N N N N N N/A N/A NOK/USD FWD 20240112 N/A 1.000000000000 NC USD -45226.780000000000 -0.1471271456 N/A DFE US N 2 U.S. BANCORP INVESTMENTS INC. H85Z6XZP8B10ES0M2G89 -8020000.000000000000 NOK 744446.820000000000 USD 2024-01-12 -45226.780000000000 N N N RA PARENT INC N/A RA PARENT INC N/A 3.000000000000 NS USD 147600.000000000000 0.4801572583 Long EC CORP US N 3 N N N JABIL INC 5493000CGCQY2OQU7669 Jabil Inc 46652LA56 395000.000000000000 PA USD 394533.410000000000 1.2834558296 Long STIV CORP US N 2 2024-01-05 Fixed .000000000000 N N N N N N CONTAINER STORE RU4H3CU9QRX4TIC35822 Container Store Inc/The 21075BAM3 743222.880000000000 PA USD 674474.760000000000 2.1941324631 Long LON CORP US N 2 2026-01-31 Floating 10.401690000000 N N N N N N CENGAGE LEARNING INC 549300BYGM0FWUSVXJ88 Cengage Learning Inc 15134NAF3 991164.690000000000 PA USD 995560.510000000000 3.2386558601 Long LON CORP US N 2 2026-07-14 Floating 10.405480000000 N N N N N N BX Trust N/A BX Commercial Mortgage Trust 2021-VOLT 05609VAJ4 679000.000000000000 PA USD 655342.350000000000 2.1318928592 Long ABS-MBS CORP US N 2 2036-09-15 Floating 6.576290000000 N N N N N N First American Treasury Obliga 549300UU586IAH2B8H03 First American Treasury Obligations Fund 31846V328 1271531.640000000000 NS USD 1271531.640000000000 4.1364169790 Long STIV RF US N 1 N N N HUGHES SATELLITE SYSTEMS N/A Hughes Satellite Systems Corp 444454AD4 198000.000000000000 PA USD 174435.660000000000 0.5674562890 Long DBT CORP US N 2 2026-08-01 Fixed 5.250000000000 N N N N N N CROCS INC 549300B0J6YCXD63OG72 Crocs Inc 22704NAE2 124182.270000000000 PA USD 124834.850000000000 0.4060999954 Long LON CORP US N 2 2029-02-19 Floating 8.540080000000 N N N N N N ELEVATE TEXTILES INC M4ZRS7E9USM0DKM0N876 Elevate Textiles Inc 28622DAD2 775057.500000000000 PA USD 772151.030000000000 2.5118829374 Long LON CORP US N 2 2027-09-30 Floating 14.044820000000 N N N N N N GENERAL MOTORS FINL CO 5493008B6JBRUJ90QL97 General Motors Financial Co Inc 37046TAA2 600000.000000000000 PA USD 598890.130000000000 1.9482482577 Long STIV CORP US N 2 2024-01-10 Fixed .000000000000 N N N N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 Global Payments Inc 37961CAG7 800000.000000000000 PA USD 797551.400000000000 2.5945128291 Long STIV CORP US N 2 2024-01-16 Fixed .000000000000 N N N N N N ICAHN ENTERPRISES/FIN N/A Icahn Enterprises LP / Icahn Enterprises Finance Corp 451102BW6 143000.000000000000 PA USD 142215.220000000000 0.4626400415 Long DBT CORP US N 2 2024-09-15 Fixed 4.750000000000 N N N N N N ROGERS COMMUNICATIONS 54930030NVF3Y2OL0A78 Rogers Communications Inc/Ontario 77511LB10 400000.000000000000 PA USD 397884.320000000000 1.2943566681 Long STIV CORP CA N 2 2024-02-01 Fixed .000000000000 N N N N N N ELKEM ASA 549300CVBE06T0SH6T76 Elkem ASA ZI5662229 8000000.000000000000 PA 789745.940000000000 2.5691209031 Long DBT CORP NO N 2 2028-08-31 Floating 6.270000000000 N N N N N N CHOBANI LLC 549300ISVDMZ91KNTR38 Chobani LLC 17026YAH2 496163.690000000000 PA USD 497652.180000000000 1.6189112895 Long LON CORP US N 2 2027-10-25 Floating 8.962830000000 N N N N N N ICAHN ENTERPRISES/FIN N/A Icahn Enterprises LP / Icahn Enterprises Finance Corp 451102CD7 546000.000000000000 PA USD 557711.700000000000 1.8142907913 Long DBT CORP US N 2 2029-01-15 Fixed 9.750000000000 N N N N N N 2024-02-09 Trust for Professional Managers /s/ John Buckel John Buckel President XXXX NPORT-EX 2 resp-nport.htm NPORT-EX

CrossingBridge Responsible Credit Fund
 
Schedule of Investments
 
as of December 31, 2023 (Unaudited)
 
   
CORPORATE BONDS - 46.4%
   
Par
   
Value
 
Arts, Entertainment, and Recreation - 0.9%
 
DEAG Deutsche Entertainment AG, 8.00%, 07/12/2026
EUR
 
$
232,000
   
$
268,301
 
                   
Construction - 0.7%
 
Five Point Operating Co. LP / Five Point Capital Corp., 7.88%, 11/15/2025  (a)
     
209,000
     
207,108
 
                   
Finance and Insurance - 9.6%
 
Esmaeilzadeh Holding AB, 11.59% (3 Month STIBOR + 7.50%), 01/26/2025  (b)
SEK
   
2,500,000
     
229,127
 
Icahn Enterprises LP / Icahn Enterprises Finance Corp.
 
4.75%, 09/15/2024
     
143,000
     
142,215
 
9.75%, 01/15/2029  (a)
     
546,000
     
557,712
 
Novedo Holding AB, 10.65% (3 Month STIBOR + 6.50%), 11/26/2024  (b)
SEK
   
1,250,000
     
115,258
 
Stockwik Forvaltning AB, 12.09% (3 Month STIBOR + 8.00%), 03/20/2026  (b)
SEK
   
8,750,000
     
837,679
 
StoneX Group, Inc., 8.63%, 06/15/2025  (a)
     
1,063,000
     
1,078,668
 
       
2,960,659
 
                   
Information - 12.6%
 
American Greetings Corp., 8.75%, 04/15/2025  (a)
     
180,000
     
179,901
 
Calligo UK Ltd., 12.43% (3 Month EURIBOR + 8.50%), 12/29/2024  (b)
EUR
   
100,000
     
76,724
 
Citrix Systems, Inc., 4.50%, 12/01/2027
     
145,000
     
116,365
 
Clear Channel International BV, 6.63%, 08/01/2025  (a)
     
542,000
     
545,058
 
Connect Finco SARL / Connect US Finco LLC, 6.75%, 10/01/2026  (a)
     
400,000
     
398,010
 
Go North Group AB, 15.12%, 02/09/2026
     
532,250
     
441,768
 
Hughes Satellite Systems Corp., 5.25%, 08/01/2026
     
198,000
     
174,436
 
INNOVATE Corp., 8.50%, 02/01/2026  (a)
     
460,000
     
356,500
 
Lithium Midco II Ltd., 10.72% (3 Month EURIBOR + 6.75%), 07/09/2025  (b)
EUR
   
645,000
     
690,684
 
OpNet S.p.A., 10.97% (3 Month EURIBOR + 7.00%), 02/09/2026  (a)(b)
EUR
   
553,000
     
614,299
 
Ziff Davis, Inc., 4.63%, 10/15/2030  (a)
     
318,000
     
292,091
 
       
3,885,836
 
                   
Manufacturing - 11.9%
 
Chobani LLC / Chobani Finance Corp., Inc., 7.50%, 04/15/2025  (a)
     
186,000
     
185,229
 
Elkem ASA, 6.29% (3 Month NIBOR + 1.55%), 08/31/2028  (b)
NOK
   
8,000,000
     
789,746
 
Fiven ASA, 10.66% (3 Month EURIBOR + 6.70%), 12/11/2026  (b)
EUR
   
1,001,000
     
1,116,102
 
Infrabuild Australia Pty Ltd., 14.50%, 11/15/2028  (a)
     
1,048,000
     
1,080,750
 
LR Global Holding GmbH, 11.21% (3 Month EURIBOR + 7.25%), 02/03/2025  (b)
EUR
   
300,000
     
325,389
 
Secop Group Holding GmbH, 12.33% (3 Month EURIBOR + 8.40%), 12/29/2026  (b)
EUR
   
150,000
     
168,490
 
       
3,665,706
 
                   
Mining, Quarrying, and Oil and Gas Extraction - 2.5%
 
Tacora Resources, Inc., 13.00%, 11/03/2023  (a)(c)
     
757,525
     
757,525
 
                   
Professional, Scientific, and Technical Services - 1.7%
 
Getty Images, Inc., 9.75%, 03/01/2027  (a)
     
290,000
     
292,543
 
Rebellion Operations AB, 12.13% (3 Month STIBOR + 8.00%), 05/20/2025  (b)
SEK
   
2,500,000
     
229,755
 
       
522,298
 
                   
Transportation and Warehousing - 3.9%
 
Skill BidCo ApS, 10.71% (3 Month EURIBOR + 6.75%), 03/02/2028  (b)
EUR
   
159,000
     
177,072
 
Uber Technologies, Inc., 8.00%, 11/01/2026  (a)
     
489,000
     
498,414
 
XPO, Inc., 6.25%, 06/01/2028  (a)
     
512,000
     
519,085
 
       
1,194,571
 
                   
Utilities - 2.6%
 
IEA Energy Services LLC, 6.63%, 08/15/2029  (a)
     
862,000
     
801,660
 
TOTAL CORPORATE BONDS (Cost $14,138,743)
     
14,263,664
 
                   
BANK LOANS - 22.4%
   
Par
   
Value
 
Arts, Entertainment, and Recreation - 2.9%
 
NAI Entertainment Holdings LLC, 8.47% (1 Month SOFR + 5.00%), 05/08/2025  (b)
     
901,170
     
897,038
 
                   
Information - 4.1%
 
Cengage Learning, Inc., First Lien 10.41% (3 Month SOFR + 4.75%), 07/14/2026  (b)
     
988,636
     
993,021
 
Lions Gate Capital Holdings LLC, First Lien 7.71% (1 Month SOFR + 2.25%), 03/24/2025  (b)
     
279,810
     
279,685
 
       
1,272,706
 
                   
Manufacturing - 8.8%
 
Chobani LLC, 8.97% (1 Month LIBOR + 3.50%), 10/23/2027  (b)
     
496,164
     
497,652
 
Chobani LLC, First Lien 9.11% (1 Month SOFR + 3.75%), 10/25/2027  (b)
     
686,000
     
688,000
 
Crocs, Inc., 8.50% (3 Month LIBOR + 3.50%), 02/19/2029  (b)
     
101,829
     
102,365
 
Diebold Nixdorf, Inc., 12.86% (3 Month SOFR + 7.50%), 08/11/2028  (b)
     
140,682
     
145,034
 
Elevate Textiles, Inc., 14.04% (3 Month SOFR + 8.65%), 09/30/2027  (b)
     
773,115
     
770,216
 
First Brands Group LLC, First Lien 10.88% (6 Month SOFR + 5.00%), 03/30/2027  (b)
     
513,158
     
510,274
 
       
2,713,541
 
                   
Professional, Scientific, and Technical Services - 3.2%
 
Magnite, Inc., 10.47% (1 Month SOFR + 5.00%), 04/30/2028  (b)
     
970,000
     
974,651
 
                   
Retail Trade - 3.4%
 
Mountaineer Merger Corp., 12.64% (3 Month LIBOR + 7.00%), 10/22/2028  (b)
     
480,519
     
362,192
 
The Container Store, Inc., 10.36% (3 Month LIBOR + 4.75%), 01/31/2026  (b)
     
740,964
     
672,424
 
       
1,034,616
 
TOTAL BANK LOANS (Cost $6,894,127)
     
6,892,552
 
                   
ASSET-BACKED SECURITIES - 3.0%
   
Par
   
Value
 
Transportation and Warehousing - 3.0%
 
Hawaiian Airlines 2013-1 Class A Pass Through Certificates, Series 2013-1, 3.90%, 01/15/2026
     
992,826
     
930,992
 
TOTAL ASSET-BACKED SECURITIES (Cost $911,471)
     
930,992
 
                   
CONVERTIBLE BONDS - 3.0%
   
Par
   
Value
 
Information - 3.0%
 
DocuSign, Inc., 0.00%, 01/15/2024  (d)
     
709,000
     
709,017
 
UpHealth, Inc., 0.00% (SOFR + 9.00%), 12/15/2025  (a)(b)
     
250,000
     
216,751
 
TOTAL CONVERTIBLE BONDS (Cost $894,887)
     
925,768
 
                   
COLLATERALIZED MORTGAGE OBLIGATIONS - 2.1%
   
Par
   
Value
 
Finance and Insurance - 2.1%
 
BX Trust, Series 2021-VOLT, Class C, 6.58% (1 Month SOFR + 1.21%), 09/15/2036  (a)(e)
     
679,000
     
655,342
 
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $650,697)
     
655,342
 
                   
REAL ESTATE INVESTMENT TRUSTS - 1.1%
   
Shares
   
Value
 
Real Estate and Rental and Leasing - 1.1%
         
CTO Realty Growth, Inc.
     
20,000
     
346,600
 
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $344,526)
     
346,600
 
                   
COMMON STOCKS - 0.5%
   
Shares
   
Value
 
Manufacturing - 0.5%
         
RA PARENT INC(c)(f)
     
3
     
147,600
 
TOTAL COMMON STOCKS (Cost $177,000)
     
147,600
 
                   
PREFERRED STOCKS - 0.4%
           
Value
 
Mining, Quarrying, and Oil and Gas Extraction - 0.4%
         
NGL Energy Partners LP, Series B, 12.82% (3 Month LIBOR + 7.21%), Perpetual(b)
     
4,719
     
130,386
 
TOTAL PREFERRED STOCKS (Cost $82,774)
     
130,386
 
                   
SHORT-TERM INVESTMENTS - 20.1%
                 
Money Market Funds - 4.1%
   
Shares
         
First American Treasury Obligations Fund - Class X - Class X, 5.29%(g)
     
1,271,532
     
1,271,532
 
                   
Commercial Paper - 16.0%
   
Par
         
Information — 3.9%
                 
Global Payments, Inc., 6.05%, 01/16/2024(h)
     
800,000
     
797,552
 
Rogers Communications, Inc., 5.79%, 02/01/2024(h)
     
400,000
     
397,884
 
               
1,195,436
 
                   
Manufacturing — 8.3%
                 
Albemarle Corp., 6.16%, 01/05/2024(h)
     
550,000
     
549,386
 
General Motors Financial Co., Inc., 5.83%, 01/10/2024(h)
     
600,000
     
598,890
 
Jabil, Inc., 6.11%, 01/05/2024(h)
     
395,000
     
394,533
 
Stanley Black & Decker, Inc., 5.73%, 01/16/2024(h)
     
750,000
     
747,958
 
VF Corp., 6.54%, 01/25/2024(h)
     
250,000
     
248,981
 
               
2,539,748
 
                   
Retail Trade — 1.2%
                 
AutoNation, Inc., 5.26%, 01/03/2024(h)
     
371,000
     
370,705
 
                   
Wholesale Trade — 2.6%
                 
Arrow Electronics, Inc., 5.84%, 01/10/2024(h)
     
804,000
     
802,446
 
       
4,908,335
 
TOTAL SHORT-TERM INVESTMENTS (Cost $6,181,769)
     
6,179,867
 
                   
TOTAL INVESTMENTS - 99.0% (Cost $30,275,994)
   
$
30,472,771
 
Other Assets in Excess of Liabilities – 1.0%
     
262,131
 
TOTAL NET ASSETS - 100.0%
           
$
30,734,902
 
           
Percentages are stated as a percent of net assets.
         
Par amount is in U.S. Dollar unless otherwise indicated.
         

EURIBOR – Euro-Interbank Offer Rate
 
LIBOR - London Interbank Offered Rate
 
NIBOR – Norwegian Interbank Offer Rate
 
SOFR - Secured Overnight Financing Rate
 
STIBOR – Stockholm Interbank Offer Rate
 

(a)
Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of December 31, 2023, the value of these securities total $12,544,983 or 40.8% of the Fund’s net assets.
(b)
Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of December 31, 2023.
(c)
Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $905,125 or 2.9% of net assets as of December 31, 2023.
(d)
Zero coupon bonds make no periodic interest payments but are issued at a discount from par value.
(e)
Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of December 31, 2023.
(f)
Non-income producing security.
(g)
The rate shown represents the 7-day effective yield as of December 31, 2023.
(h)
The rate shown is the effective yield.

CrossingBridge Responsible Credit Fund
 
Schedule of Forward Currency Contracts
 
as of December 31, 2023 (Unaudited)
 
   
Settlement Date
Currency to be Received
 
Currency to be Delivered
 
Counterparty
 
Unrealized
Appreciation
(Depreciation)
 
                         
1/12/2024
USD
   
4,907,815
 
EUR
   
4,525,000
 
U.S. Bancorp Investments, Inc.
 
$
(90,462
)
1/12/2024
USD
   
744,447
 
NOK
   
8,020,000
 
U.S. Bancorp Investments, Inc.
   
(45,227
)
1/12/2024
USD
   
1,339,000
 
SEK
   
13,800,000
 
U.S. Bancorp Investments, Inc.
   
(30,034
)
1/12/2024
EUR
   
1,455,000
 
USD
   
1,607,586
 
U.S. Bancorp Investments, Inc.
   
(405
)
                              
$
(166,128
)
EUR - Euro
NOK - Norwegian Krone
SEK - Swedish Krona
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 and the RiverPark Strategic Income 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 investment objective of the RiverPark Strategic
Income Fund is seek high current income and capital appreciation with the preservation of capital.  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, 2023, 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 RiverPark Strategic Income Fund commenced
investment operations on September 30, 2013.  From commencement date through May 12, 2023, the RiverPark Strategic Income was a series of the RiverPark Funds
Trust.  On May 13, 2023, the Fund reorganized into the Trust.  The Fund has registered and currently offers both an Institutional Class and Retail 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.
         
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, 2023:
 

CrossingBridge Responsible Credit Fund
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Assets(1):
                       
   Corporate Bonds
 
$
-
   
$
13,506,139
   
$
757,525
   
$
14,263,664
 
   Bank Loans
   
-
     
6,892,552
     
-
     
6,892,552
 
   Asset-Backed Securities
   
-
     
930,992
     
-
     
930,992
 
   Convertible Bonds
   
-
     
925,768
     
-
     
925,768
 
   Collateralized Mortgage Obligations
   
-
     
655,342
     
-
     
655,342
 
   Real Estate Investment Trusts
   
346,600
     
-
     
-
     
346,600
 
   Common Stocks
   
-
     
-
     
147,600
     
147,600
 
   Preferred Stocks
   
130,386
     
-
     
-
     
130,386
 
   Short-Term Investments
   
1,271,532
     
4,908,335
     
-
     
6,179,867
 
Total Assets
 
$
1,748,518
   
$
27,819,128
   
$
905,125
   
$
30,472,771
 
                                 
Other Financial Instruments(2):
                               
   Forward Currency Exchange Contracts
 
$
-
   
$
(166,128
)
 
$
-
   
$
(166,128
)
Total Other Financial Instruments
 
$
-
   
$
(166,128
)
 
$
-
   
$
(166,128
)
                                 
(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 Responsible Credit Fund
                               
   
Corporate Bonds
   
Common Stocks
                 
Beginning Balance - October 1, 2023
 
$
755,008
   
$
177,600
                 
Purchases
   
2,517
     
-
                 
Sales
   
-
     
-
                 
Realized gains
   
-
     
-
                 
Realized losses
   
-
     
-
                 
Change in unrealized appreciation (depreciation)
   
-
     
(30,000
)
               
Transfer in/(out) of Level 3
   
-
     
-
                 
Ending Balance - December 31, 2023
 
$
757,525
   
$
147,600
                 
                                 
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, 2023:
                               
                                 
CrossingBridge Responsible Credit Fund
                               
Description
 
Fair Value
December 31, 2023
   
Valuation Methodologies
   
Unobservable Input
   
Range/Weighted
Average Unobservable Input
 
Corporate Bonds
 
$
757,525
   
Liquidation analysis
   
Transaction price
     
N/A
 
Common Stocks
 
$
147,600
   
Market comparable
   
Transaction price
     
N/A