PORTFOLIO OF INVESTMENTS – as of September 30, 2021 (Unaudited)

Mirova U.S. Sustainable Equity Fund

Shares	Description	Value (†)
Common Stocks – 98.0% of Net Assets
	Auto Components – 2.5%
798	Aptiv PLC(a)	$	118,878
	Banks – 2.8%
490	Signature Bank		133,417
	Chemicals – 3.6%
815	Ecolab, Inc.		170,025
	Commercial Services & Supplies – 3.2%
1,020	Waste Management, Inc.		152,347
	Communications Equipment – 0.9%
781	Cisco Systems, Inc.		42,510
	Containers & Packaging – 1.3%
672	Ball Corp.		60,460
	Diversified Consumer Services – 1.4%
485	Bright Horizons Family Solutions, Inc.(a)		67,619
	Diversified Telecommunication Services – 1.0%
877	Verizon Communications, Inc.		47,367
	Electric Utilities – 4.0%
2,389	NextEra Energy, Inc.		187,584
	Electrical Equipment – 4.9%
1,401	Eaton Corp. PLC		209,183
532	Sunrun, Inc.(a)		23,408
			232,591
	Electronic Equipment, Instruments & Components – 1.3%
767	Trimble, Inc.(a)		63,086
	Health Care Equipment & Supplies – 9.5%
1,012	Danaher Corp.		308,093
143	Intuitive Surgical, Inc.(a)		142,164
			450,257
	Household Products – 1.1%
690	Colgate-Palmolive Co.		52,150
	Industrial Conglomerates – 3.3%
346	Roper Technologies, Inc.		154,361
	Interactive Media & Services – 2.7%
47	Alphabet, Inc., Class A(a)		125,655
	Internet & Direct Marketing Retail – 4.6%
3,112	eBay, Inc.		216,813

Shares	Description	Value (†)
Common Stocks – continued
	IT Services – 7.1%
172	Accenture PLC, Class A	$	55,026
540	MasterCard, Inc., Class A		187,747
428	Visa, Inc., Class A		95,337
			338,110
	Life Sciences Tools & Services – 5.9%
485	Thermo Fisher Scientific, Inc.		277,095
	Machinery – 5.0%
657	Watts Water Technologies, Inc., Series A		110,435
1,005	Xylem, Inc.		124,299
			234,734
	Personal Products – 2.6%
418	Estee Lauder Cos., Inc. (The), Class A		125,371
	Pharmaceuticals – 2.4%
489	Eli Lilly & Co.		112,983
	Semiconductors & Semiconductor Equipment – 8.8%
907	First Solar, Inc.(a)		86,583
895	NVIDIA Corp.		185,408
1,274	Taiwan Semiconductor Manufacturing Co. Ltd., Sponsored ADR		142,242
			414,233
	Software – 14.5%
402	Adobe, Inc.(a)		231,440
181	Avalara, Inc.(a)		31,633
1,221	Microsoft Corp.		344,224
916	Oracle Corp.		79,811
			687,108
	Water Utilities – 3.6%
997	American Water Works Co., Inc.		168,533
	Total Common Stocks (Identified Cost $3,829,242)		4,633,287
Principal Amount
Short-Term Investments – 2.8%
$130,370	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/2021 at 0.000% to be repurchased at $130,370 on 10/01/2021 collateralized by $118,800 U.S. Treasury Inflation Indexed Note, 0.125% due 7/15/2031 valued at $132,998 including accrued interest(b) (Identified Cost $130,370)		130,370
	Total Investments – 100.8% (Identified Cost $3,959,612)		4,763,657
	Other assets less liabilities – (0.8)%		(37,355	)
	Net Assets – 100.0%	$	4,726,302

(†)	Fund securities and other investments are valued at market value based on market quotations obtained or determined by independent pricing services recommended by the adviser and approved by the Board of Trustees. Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees, as described below. Market value is determined as follows: Listed equity securities (including shares of closed-end investment companies and exchange-traded funds) are valued at the last sale price quoted on the exchange where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. Securities traded on the NASDAQ Global Select Market, NASDAQ Global Market and NASDAQ Capital Market are valued at the NASDAQ Official Closing Price (“NOCP”), or if lacking an NOCP, at the most recent bid quotations on the applicable NASDAQ Market. Unlisted equity securities (except unlisted preferred equity securities) are valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be valued using evaluated bids furnished by an independent pricing service, if available. In some foreign markets, an official close price and a last sale price may be available from the foreign exchange or market. In those cases, the official close price is used. Debt securities and unlisted preferred equity securities are valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers. Broker-dealer bid prices may be used to value debt and unlisted equity securities where an independent pricing service is unable to price a security or where an independent pricing service does not provide a reliable price for the security. Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees. The Fund may also value securities and other investments at fair value in other circumstances such as when extraordinary events occur after the close of a foreign market but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer’s security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing its securities or other investments, the Fund may, among other things, use modeling tools or other processes that may take into account factors such as securities or other market activity and/or significant events that occur after the close of the foreign market and before the time the Fund’s net asset value (“NAV”) is calculated. Fair value pricing may require subjective determinations about the value of a security, and fair values used to determine the Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same securities. In addition, the use of fair value pricing may not always result in adjustments to the prices of securities held by the Fund. The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.
(a)	Non-income producing security.
(b)	The Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is the Fund’s policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon the Fund’s ability to dispose of the underlying securities. As of September 30, 2021, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.
ADR	An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States.

Fair Value Measurements

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of the Fund’s assets or liabilities. These inputs are summarized in the three broad levels listed below:

• Level 1 — quoted prices in active markets for identical assets or liabilities;

• Level 2 — prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect the Fund’s own assumptions in determining the fair value of assets or liabilities and would be based on the best information available).

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 Fund’s investments as of September 30, 2021, at value:

Asset Valuation Inputs

Description	Level 1		Level 2		Level 3		Total
Common Stocks*	$	4,633,287	$	—	$	—	$	4,633,287
Short-Term Investments		—		130,370		—		130,370
Total	$	4,633,287	$	130,370	$	—	$	4,763,657

* Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments.

Industry Summary at September 30, 2021 (Unaudited)

Software	14.5	%
Health Care Equipment & Supplies	9.5
Semiconductors & Semiconductor Equipment	8.8
IT Services	7.1
Life Sciences Tools & Services	5.9
Machinery	5.0
Electrical Equipment	4.9
Internet & Direct Marketing Retail	4.6
Electric Utilities	4.0
Chemicals	3.6
Water Utilities	3.6
Industrial Conglomerates	3.3
Commercial Services & Supplies	3.2
Banks	2.8
Interactive Media & Services	2.7
Personal Products	2.6
Auto Components	2.5
Pharmaceuticals	2.4
Other Investments, less than 2% each	7.0
Short-Term Investments	2.8
Total Investments	100.8
Other assets less liabilities	(0.8	)
Net Assets	100.0	%