PORTFOLIO OF INVESTMENTS – as of September 30, 2022 (Unaudited)

Mirova Global Green Bond Fund

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – 90.8% of Net Assets
		Canada – 2.0%
	1,000,000	Province of Ontario Canada, 1.950%, 1/27/2023, (CAD)	$	719,868
	50,000	Province of Quebec Canada, 2.600%, 7/06/2025, (CAD)		35,001
				754,869
		Chile – 1.7%
	500,000	Chile Government International Bond, 1.250%, 1/29/2040, (EUR)		298,180
	500,000	Chile Government International Bond, 3.500%, 1/25/2050		339,628
				637,808
		Denmark – 2.7%
	500,000	Orsted A/S, 1.500%, 11/26/2029, (EUR)		427,003
	200,000	Orsted A/S, (fixed rate to 9/09/2027, variable rate thereafter), 1.750%, 12/09/3019, (EUR)		164,502
	500,000	Vestas Wind Systems Finance BV, EMTN, 1.500%, 6/15/2029, (EUR)		425,414
				1,016,919
		Finland – 1.2%
	400,000	Citycon OYJ, (fixed rate to 11/24/2024, variable rate thereafter), 4.496%, (EUR)(a)		282,842
	200,000	VR-Yhtyma Oyj, 2.375%, 5/30/2029, (EUR)		172,061
				454,903
		France – 7.9%
	400,000	Altarea SCA, 1.750%, 1/16/2030, (EUR)		247,347
	400,000	Cie de Saint-Gobain, EMTN, 2.125%, 6/10/2028, (EUR)		358,136
	400,000	Covivio, 1.125%, 9/17/2031, (EUR)		289,486
	200,000	Derichebourg S.A., 2.250%, 7/15/2028, (EUR)		153,068
	200,000	Faurecia SE, 2.375%, 6/15/2029, (EUR)		132,122
	700,000	France Government Bond OAT, 1.750%, 6/25/2039, 144A, (EUR)		577,355
	100,000	Getlink SE, 3.500%, 10/30/2025, (EUR)		89,185
	600,000	ICADE, 1.500%, 9/13/2027, (EUR)		514,793
	300,000	Seche Environnement S.A., 2.250%, 11/15/2028, (EUR)		234,768
	600,000	Societe du Grand Paris EPIC, EMTN, 1.700%, 5/25/2050, (EUR)		419,895
				3,016,155

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Germany – 10.4%
	700,000	BayWa AG, EMTN, 3.125%, 6/26/2024, (EUR)	$	682,995
	2,500,000	Bundesrepublik Deutschland Bundesanleihe, Series G, Zero Coupon, 1.719%-1.874%, 8/15/2050, (EUR)(b)		1,377,245
	500,000	E.ON SE, EMTN, 0.350%, 2/28/2030, (EUR)		371,595
	500,000	EnBW Energie Baden-Wuerttemberg AG, (fixed rate to 3/30/2026, variable rate thereafter), 1.875%, 6/29/2080, (EUR)		396,529
	400,000	Evonik Industries AG, (fixed rate to 9/02/2026, variable rate thereafter), 1.375%, 9/02/2081, (EUR)		295,975
	500,000	Evonik Industries AG, EMTN, 2.250%, 9/25/2027, (EUR)		444,083
	500,000	Landesbank Baden-Wuerttemberg, Series 809, MTN, 0.375%, 7/29/2026, (EUR)		429,024
				3,997,446
		Hungary – 1.1%
	700,000	Hungary Government International Bond, 1.750%, 6/05/2035, (EUR)		424,428
		Indonesia – 2.6%
	500,000	Perusahaan Penerbit SBSN Indonesia III, 3.750%, 3/01/2023		497,834
	500,000	Perusahaan Penerbit SBSN Indonesia III, MTN, 3.900%, 8/20/2024		494,520
				992,354
		Ireland – 0.5%
	300,000	ESB Finance DAC, EMTN, 1.000%, 7/19/2034, (EUR)		210,850
		Italy – 5.5%
	400,000	A2A SpA, EMTN, 1.000%, 7/16/2029, (EUR)		306,936
	600,000	Assicurazioni Generali SpA, EMTN, 2.124%, 10/01/2030, (EUR)		436,159
	300,000	ERG SpA, EMTN, 0.500%, 9/11/2027, (EUR)		246,854
	400,000	Hera SpA, EMTN, 2.500%, 5/25/2029, (EUR)		348,069
	1,300,000	Italy Buoni Poliennali Del Tesoro, 1.500%, 4/30/2045, 144A, (EUR)		750,371
				2,088,389
		Japan – 1.1%
	500,000	Denso Corp., 1.239%, 9/16/2026		431,122

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Korea – 4.3%
$	400,000	Kia Corp., 1.750%, 10/16/2026	$	344,807
	400,000	Kookmin Bank, GMTN, 4.500%, 2/01/2029		376,788
	600,000	Korea International Bond, Zero Coupon, 0.000%, 10/15/2026, (EUR)(c)		515,932
	400,000	Korea Water Resources Corp., EMTN, 3.875%, 5/15/2023		398,208
				1,635,735
		Lithuania – 2.0%
	500,000	AB Ignitis Grupe, EMTN, 1.875%, 7/10/2028, (EUR)		409,773
	400,000	AB Ignitis Grupe, EMTN, 2.000%, 7/14/2027, (EUR)		341,293
				751,066
		Mexico – 1.8%
	800,000	Mexico Government International Bond, 1.350%, 9/18/2027, (EUR)		680,813
		Netherlands – 6.8%
	200,000	ABB Finance BV, EMTN, Zero Coupon, 0.282%, 1/19/2030, (EUR)(c)		148,110
	400,000	CTP NV, EMTN, 2.125%, 10/01/2025, (EUR)		348,259
	400,000	de Volksbank NV, EMTN, 0.375%, 3/03/2028, (EUR)		312,779
	500,000	de Volksbank NV, (fixed rate to 12/15/2027, variable rate thereafter), 7.000%, (EUR)(a)		411,621
	600,000	de Volksbank NV, EMTN, (fixed rate to 10/22/2025, variable rate thereafter), 1.750%, 10/22/2030, (EUR)		521,246
	500,000	Koninklijke Philips NV, EMTN, 2.125%, 11/05/2029, (EUR)		428,253
	300,000	Stedin Holding NV, EMTN, 2.375%, 6/03/2030, (EUR)		263,546
	150,000	TenneT Holding BV, EMTN, 1.250%, 10/24/2033, (EUR)		111,521
	100,000	TenneT Holding BV, EMTN, 1.875%, 6/13/2036, (EUR)		75,284
				2,620,619
		Portugal – 0.8%
	400,000	Ren Finance BV, EMTN, 0.500%, 4/16/2029, (EUR)		307,158
		Singapore – 2.4%
	1,000,000	Vena Energy Capital Pte Ltd., EMTN, 3.133%, 2/26/2025		919,308

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		Spain – 7.3%
	400,000	Banco Bilbao Vizcaya Argentaria S.A., 1.000%, 6/21/2026, (EUR)	$	352,771
	500,000	Bankinter S.A., 0.625%, 10/06/2027, (EUR)		397,343
	400,000	Iberdrola Finanzas S.A., EMTN, 1.375%, 3/11/2032, (EUR)		320,726
	500,000	Iberdrola International BV, (fixed rate to 2/22/2023, variable rate thereafter), 1.875%, (EUR)(a)		480,225
	900,000	Spain Government Bond, 1.000%, 7/30/2042, 144A, (EUR)		566,890
	500,000	Telefonica Emisiones S.A., EMTN, 2.592%, 5/25/2031, (EUR)		437,840
	300,000	Telefonica Europe BV, (fixed rate to 2/05/2027, variable rate thereafter), 2.502%, (EUR)(a)		235,066
				2,790,861
		Supranationals – 8.9%
	3,700,000	European Investment Bank, 2.375%, 5/24/2027		3,420,095
		Sweden – 1.9%
	500,000	Vattenfall AB, EMTN, 0.125%, 2/12/2029, (EUR)		394,737
	400,000	Volvo Car AB, EMTN, 2.500%, 10/07/2027, (EUR)		324,025
				718,762
		United Kingdom – 7.1%
	500,000	Anglian Water Services Financing PLC, EMTN, 1.625%, 8/10/2025, (GBP)		494,193
	500,000	SSE PLC, EMTN, 1.375%, 9/04/2027, (EUR)		436,675
	300,000	SSE PLC, EMTN, 2.875%, 8/01/2029, (EUR)		269,606
	400,000	Thames Water Utilities Finance PLC, 0.875%, 1/31/2028, (EUR)		323,450
	1,500,000	United Kingdom Gilt, 0.875%, 7/31/2033, (GBP)		1,190,465
				2,714,389
		United States – 10.8%
	500,000	Air Products & Chemicals, Inc., 2.050%, 5/15/2030		408,885
	600,000	Digital Dutch Finco BV, 1.500%, 3/15/2030, (EUR)		449,902
	600,000	Digital Euro Finco LLC, 2.500%, 1/16/2026, (EUR)		544,334
	300,000	Digital Intrepid Holding BV, 0.625%, 7/15/2031, (EUR)		196,115
	200,000	DTE Electric Co., 3.950%, 3/01/2049		160,378
	500,000	Equinix, Inc., 0.250%, 3/15/2027, (EUR)		412,687
	400,000	Ford Motor Co., 3.250%, 2/12/2032		288,132

Principal Amount (‡)		Description	Value (†)
	Bonds and Notes – continued
		United States – continued
$	400,000	Southern Power Co., 4.150%, 12/01/2025	$	386,042
	200,000	Thermo Fisher Scientific, Inc., 4.100%, 8/15/2047		168,889
	700,000	Verizon Communications, Inc., 3.875%, 2/08/2029		639,017
	600,000	Wabtec Transportation Netherlands BV, 1.250%, 12/03/2027, (EUR)		473,076
				4,127,457
		Total Bonds and Notes (Identified Cost $44,344,376)		34,711,506
	Short-Term Investments – 3.1%
	1,166,406	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/2022 at 1.100% to be repurchased at $1,166,512 on 10/03/2022 collateralized by $1,213,200 U.S. Treasury Note, 3.500% due 9/15/2025 valued at $1,189,789 including accrued interest(d) (Identified Cost $1,166,406)		1,166,406
		Total Investments – 93.9% (Identified Cost $45,510,782)		35,877,912
		Other assets less liabilities – 6.1%		2,340,915
		Net Assets – 100.0%	$	38,218,827

(†) Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available are priced at fair value pursuant to the Fund’s Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the Board’s oversight.

Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most extensively. Shares of open-end investment companies are valued at net asset value per share.

Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair 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 fair valued using evaluated bids furnished by an independent pricing service, if available.

Debt securities and unlisted preferred equity securities are fair 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 fair value debt and unlisted equities where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the investment.

The Fund may also fair value investments 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 a Fund’s investments, the valuation designee may, among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or other related market activity and/or information that occurred after the close of the foreign market but before the time the Fund’s net asset value (“NAV”) is calculated. Fair valuation by the Fund’s valuation designee may require subjective determinations about the value of the investment, and fair values used to determine a Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, the use of fair value pricing may not always result in adjustments to the prices of investments held by a 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.

(‡) Principal Amount stated in U.S. dollars unless otherwise noted.

(a) Perpetual bond with no specified maturity date.

(b) Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund’s investment in this security is comprised of various lots with differing annualized yields.

(c) Interest rate represents annualized yield at time of purchase; not a coupon rate.

(d) 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, 2022, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

144A All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2022, the value of Rule 144A holdings amounted to $1,894,616 or 5.0% of net assets.

EMTN Euro Medium Term Note

GMTN Global Medium Term Note

MTN Medium Term Note

CAD Canadian Dollar

EUR Euro

GBP British Pound

Futures Contracts

The Fund may enter into futures contracts. Futures contracts are agreements between two parties to buy and sell a particular instrument or index for a specified price on a specified future date.

When the Fund enters into a futures contract, it is required to deposit with (or for the benefit of) its broker an amount of cash or short-term high-quality securities as “initial margin.” As the value of the contract changes, the value of the futures contract position increases or declines. Subsequent payments, known as “variation margin,” are made or received by the Fund, depending on the price fluctuations in the fair value of the contract and the value of cash or securities on deposit with the broker. Realized gain or loss on a futures position is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, minus brokerage commissions. When the Fund enters into a futures contract certain risks may arise, such as illiquidity in the futures market, which may limit the Fund’s ability to close out a futures contract prior to settlement date, and unanticipated movements in the value of securities or interest rates.

Futures contracts are exchange-traded. Exchange-traded futures contracts are standardized and are settled through a clearing house with fulfillment supported by the credit of the exchange. Therefore, counterparty credit risks to the Fund are reduced; however, in the event that a counterparty enters into bankruptcy, the Fund’s claim against initial/variation margin on deposit with the counterparty may be subject to terms of a final settlement in bankruptcy court.

At September 30, 2022, open long futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
Euro-Buxl® 30 Year Bond		12/08/2022		4	$	629,270	$	574,858	$	(54,412	)

At September 30, 2022, open short futures contracts were as follows:

Financial and Currency Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
5 Year U.S. Treasury Note		12/30/2022		4	$	426,656	$	430,032	$	(3,376	)
British Pound		12/19/2022		25		1,838,125		1,747,031		91,094
Canadian Dollar		12/20/2022		11		846,219		796,345		49,874
Euro		12/19/2022		203		25,574,440		25,023,556		550,884
Euro Schatz		12/08/2022		27		2,839,705		2,835,731		3,974
German Euro BOBL		12/08/2022		14		1,661,087		1,643,054		18,033
Total									$	710,483

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 Fund’s pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund’s valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

The following is a summary of the inputs used to value the Fund’s investments as of September 30, 2022, at value:

Asset Valuation Inputs

Description	Level 1		Level 2		Level 3		Total
Bonds and Notes*	$	—	$	34,711,506	$	—	$	34,711,506
Short-Term Investments		—		1,166,406		—		1,166,406
Total Investments		—		35,877,912		—		35,877,912
Futures Contracts (unrealized appreciation)		713,859		—		—		713,859
Total	$	713,859	$	35,877,912	$	—	$	36,591,771

Liability Valuation Inputs

Description	Level 1			Level 2		Level 3		Total
Futures Contracts (unrealized depreciation)	$	(57,788	)	$	—	$	—	$	(57,788	)

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

Derivatives

Derivative instruments are defined as financial instruments whose value and performance are based on the value and performance of an underlying asset, reference rate or index. Derivative instruments that the Fund used during the period include futures contracts.

The Fund seeks to provide total return, through a combination of capital appreciation and current income, by investing in green bonds. The Fund pursues its objective by primarily investing in fixed-income securities. In connection with its principal investment strategies, the Fund may also invest in various types of futures contracts for investment purposes. During the period ended September 30, 2022, the Fund used U.S. and foreign government bond futures to gain yield curve exposure.

The Fund is subject to the risk that changes in interest rates will affect the value of the Fund’s investments in fixed-income securities. The Fund will be subject to increased interest rate risk to the extent that it invests in fixed-income securities with longer maturities or durations, as compared to investing in fixed-income securities with shorter maturities or durations. The Fund may use futures contracts to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. During the period ended September 30, 2022, the Fund used U.S. and foreign government bond futures to manage duration.

The Fund is also subject to the risk that changes in foreign currency exchange rates will have an unfavorable effect on the value of Fund assets denominated in foreign currencies. The Fund may use futures contracts for hedging purposes to protect the value of the Fund’s holdings of foreign securities. During the period ended September 30, 2022, the Fund used currency futures for hedging purposes.

The following is a summary of derivative instruments for the Fund, as of September 30, 2022:

Assets	Unrealized appreciation on futures contracts
Exchange-traded asset derivatives
Interest rate contracts	$	22,007
Foreign exchange contracts		691,852
Total exchange-traded asset derivatives	$	713,859

Liabilities	Unrealized depreciation on futures contracts
Exchange-traded liability derivatives
Interest rate contracts	$	(57,788	)

The Fund’s derivatives do not qualify for hedge accounting under authoritative guidance for derivative instruments. The Fund’s investments in derivatives may represent an economic hedge; however, they are considered to be non-hedge transactions for the purpose of this disclosure.

Counterparty risk is managed based on policies and procedures established by the Fund’s adviser. Such policies and procedures may include, but are not limited to, minimum counterparty credit rating requirements, monitoring of counterparty credit default swap spreads and posting of collateral. With exchange-traded derivatives, there is minimal counterparty credit risk to the Fund because the exchange’s clearing house, as counterparty to these instruments, stands between the buyer and the seller of the contract. Credit risk still exists in exchange-traded derivatives with respect to initial and variation margin that is held in a broker’s customer accounts. While brokers typically are required to segregate customer margin for exchange-traded derivatives from their own assets, in the event that a broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the broker for all its customers, U.S. bankruptcy laws will typically allocate that shortfall on a pro rata basis across all of the broker’s customers, potentially resulting in losses to the Fund. The following table shows the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the Fund would incur if parties to the relevant financial instruments failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the Fund, as of September 30, 2022:

Maximum Amount of Loss - Gross	Maximum Amount of Loss – Net
$ 1,863,925	$1,863,925

Industry Summary at September 30, 2022 (Unaudited)

Government National	17.7	%
Industrial	15.7
Utility-Electric	14.5
Special Purpose	10.6
Supra-National	8.9
Financial	8.4
Bank	7.2
Government Regional	3.1
Telephone	2.3
Government Agency	1.0
Utility-Gas	0.7
Transportation-Rail	0.5
Transportation-Non Rail	0.2
Short-Term Investments	3.1
Total Investments	93.9
Other assets less liabilities (including futures contracts)	6.1
Net Assets	100.0	%

Currency Exposure Summary at September 30, 2022 (Unaudited)

Euro	60.2	%
United States Dollar	27.3
British Pound	4.4
Canadian Dollar	2.0
Total Investments	93.9
Other assets less liabilities (including futures contracts)	6.1
Net Assets	100.0	%