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Form NPORT-P TRUST FOR PROFESSIONAL For: Jun 30

August 11, 2022 10:02 AM EDT

  
    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
      2022-09-30
      2022-06-30
      N
    
    
      17376150.460000000000
      1032627.820000000000
      16343522.640000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      488467.287345766500
      0.000000000000
      0.000000000000
      32310.250000000000
      
        
          EUR
          
          
        
        
          USD
          
          
        
      
      
      
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        AltEnergy Acquisition Corp
        N/A
        AltEnergy Acquisition Corp
        02157M108
        
          
          
        
        1341.000000000000
        NS
        USD
        13383.180000000000
        0.0818867529
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ARBOR RAPHA CAPITAL BIOHOLDI
        N/A
        Arbor Rapha Capital Bioholdings Corp I
        03881F112
        
          
          
        
        10349.000000000000
        NS
        USD
        633.360000000000
        0.0038752967
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              NASDAQ GM
              N/A
            
            Call
            Purchased
            
              
                Arbor Rapha Capital Bioholding
                Arbor Rapha Capital Bioholdings Corp I
                
                  
                  
                  
                
              
            
            1.000000000000
            11.500000000000
            USD
            2023-03-14
            XXXX
            -924.010000000000
          
        
        
          N
          N
          N
        
      
      
        Atlantic Avenue Acquisition Co
        N/A
        Atlantic Avenue Acquisition Corp
        04906P101
        
          
          
        
        26630.000000000000
        NS
        USD
        264036.450000000000
        1.6155418622
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carney Technology Acquisition
        N/A
        Carney Technology Acquisition Corp II
        143636108
        
          
          
        
        11082.000000000000
        NS
        USD
        109379.340000000000
        0.6692519257
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CENGAGE LEARNING INC
        549300BYGM0FWUSVXJ88
        Cengage Learning Inc
        15137NAA1
        
          
        
        308000.000000000000
        PA
        USD
        285340.440000000000
        1.7458931363
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-06-15
          Fixed
          9.500000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHOBANI LLC/FINANCE CORP
        N/A
        Chobani LLC / Chobani Finance Corp Inc
        17027NAA0
        
          
        
        550000.000000000000
        PA
        USD
        506057.680000000000
        3.0963806956
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-04-15
          Fixed
          7.500000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CONNECT FINCO SARL/CONNE
        N/A
        Connect Finco SARL / Connect US Finco LLC
        20752TAA2
        
          
        
        200000.000000000000
        PA
        USD
        179425.000000000000
        1.0978355398
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2026-10-01
          Fixed
          6.750000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COOKS VENTURE INC
        N/A
        Cooks Venture Inc
        216378AA7
        
          
        
        1000000.000000000000
        PA
        USD
        988700.000000000000
        6.0494914210
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-01-15
          Fixed
          5.500000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DANIMER SCIENTIFIC INC
        549300L6Q02MAX72BH35
        Danimer Scientific Inc
        236272AA8
        
          
        
        260000.000000000000
        PA
        USD
        184860.000000000000
        1.1310903045
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-12-15
          Fixed
          3.250000000000
          N
          N
          N
          N
          Y
          
            
              Danimer Scientific Inc
              Danimer Scientific Inc
              USD
              
                
                
                
              
            
          
          
            
          
          XXXX
        
        
          N
          N
          N
        
      
      
        Empowerment & Inclusion Capita
        N/A
        Empowerment & Inclusion Capital I Corp
        29248N100
        
          
          
        
        22322.000000000000
        NS
        USD
        219648.480000000000
        1.3439482102
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First American Treasury Obliga
        N/A
        First American Treasury Obligations Fund
        31846V328
        
          
          
        
        845268.310000000000
        NS
        USD
        845268.310000000000
        5.1718856982
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First American Government Obli
        549300R5MYM6VZF1RM44
        First American Government Obligations Fund
        31846V336
        
          
          
        
        788069.970000000000
        NS
        USD
        788069.970000000000
        4.8219101069
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FRESH MARKET INC
        529900QM5ZSBEBR6CS58
        Fresh Market Inc/The
        35804HAA4
        
          
        
        578954.000000000000
        PA
        USD
        578954.000000000000
        3.5424064490
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-05-01
          Fixed
          9.750000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GETTY IMAGES INC
        5493005NV20IG4VEKZ40
        Getty Images Inc
        374276AJ2
        
          
        
        600000.000000000000
        PA
        USD
        570774.000000000000
        3.4923560396
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-03-01
          Fixed
          9.750000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        Goldenstone Acquisition Ltd
        N/A
        Goldenstone Acquisition Ltd
        38136Y102
        
          
          
        
        8333.000000000000
        NS
        USD
        82413.370000000000
        0.5042570798
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GOLDENSTONE ACQUISITION LTD
        N/A
        Goldenstone Acquisition Ltd
        38136Y110
        
          
          
        
        6333.000000000000
        NS
        USD
        417.980000000000
        0.0025574658
        N/A
        DE
        CORP
        US
        N
        
        2
        
          
            
              NASDAQ CM
              N/A
            
            Call
            Purchased
            
              
                Goldenstone Acquisition Ltd
                Goldenstone Acquisition Ltd
                
                  
                  
                  
                
              
            
            1.000000000000
            11.500000000000
            USD
            2026-06-21
            XXXX
            -81.040000000000
          
        
        
          N
          N
          N
        
      
      
        INNOVATE CORP
        549300S6O246JWQQ1K58
        HC2 Holdings Inc
        404139AJ6
        
          
        
        460000.000000000000
        PA
        USD
        393226.400000000000
        2.4060076194
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-02-01
          Fixed
          8.500000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HAWAIIAN AIRLINES 13-1A
        N/A
        Hawaiian Airlines 2013-1 Class A Pass Through Certificates
        419838AA5
        
          
          
        
        1783383.189000000000
        PA
        USD
        1499192.160000000000
        9.1730050677
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-01-15
          Fixed
          3.900000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        Healthcare Services Acquisitio
        N/A
        Healthcare Services Acquisition Corp
        42227K104
        
          
          
        
        31000.000000000000
        NS
        USD
        305040.000000000000
        1.8664274937
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IEA ENERGY SERVICES LLC
        N/A
        IEA Energy Services LLC
        45174AAA0
        
          
        
        1100000.000000000000
        PA
        USD
        902000.000000000000
        5.5190060299
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-08-15
          Fixed
          6.625000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        Ignyte Acquisition Corp
        N/A
        Ignyte Acquisition Corp
        45175H106
        
          
          
        
        22737.000000000000
        NS
        USD
        224414.190000000000
        1.3731078357
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        STONEX GROUP INC
        549300JUF07L8VF02M60
        INTL. FCStone Inc
        46116VAE5
        
          
        
        648000.000000000000
        PA
        USD
        650818.800000000000
        3.9821207113
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-06-15
          Fixed
          8.625000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        Legato Merger Corp II
        N/A
        Legato Merger Corp II
        52473Y104
        
          
          
        
        4502.000000000000
        NS
        USD
        44659.840000000000
        0.2732571245
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MICROSTRATEGY INC
        549300WQTWEJUEHXQX21
        MicroStrategy Inc
        594972AF8
        
          
        
        316000.000000000000
        PA
        USD
        252220.140000000000
        1.5432422101
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-06-15
          Fixed
          6.125000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ROCKPOINT GAS STORAGE CA
        549300T32FQEHEIVPB75
        Rockpoint Gas Storage Canada Ltd
        77381WAA4
        
          
        
        832000.000000000000
        PA
        USD
        818384.320000000000
        5.0073924577
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2023-03-31
          Fixed
          7.000000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SportsMap Tech Acquisition Cor
        N/A
        SportsMap Tech Acquisition Corp
        84921J108
        
          
          
        
        675.000000000000
        NS
        USD
        6729.750000000000
        0.0411768634
        Long
        EC
        CORP
        US
        N
        
        2
        
          N
          N
          N
        
      
      
        TIGO ENERGY INC
        N/A
        Tigo Energy Inc
        88675PAD5
        
          
        
        100000.000000000000
        PA
        USD
        100078.320000000000
        0.6123424075
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-01-15
          Fixed
          5.500000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AXON INFRASTRUCTURE ACQUISI
        N/A
        AXON INFRASTRUCTURE ACQUISI
        N/A
        
          
        
        1000.000000000000
        NS
        USD
        230.000000000000
        0.0014072854
        Long
        EC
        CORP
        US
        N
        
        3
        
          N
          N
          N
        
      
      
        COPPER MOUNTAIN MINING C
        5493006C53WJSL5MMV91
        Copper Mountain Mining Corp
        BO8204600
        
          
        
        333120.000000000000
        PA
        USD
        314798.400000000000
        1.9261355519
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2026-04-09
          Fixed
          8.000000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LR GLOBAL HOLDING
        529900YM1HDMG9MCJD66
        LR Global Holding GmbH
        BN6772238
        
          
        
        300000.000000000000
        PA
        
        304168.760000000000
        1.8610966968
        Long
        DBT
        CORP
        DE
        N
        
        2
        
          2025-02-03
          Floating
          7.250000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLAR LNG LTD
        213800C2VSFZG3EZLO34
        Golar LNG Ltd
        BR7245524
        
          
        
        480000.000000000000
        PA
        USD
        454200.000000000000
        2.7790826372
        Long
        DBT
        CORP
        BM
        
        N
        
        2
        
          2025-10-20
          Fixed
          7.000000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BIOTE FOUNDER SHARES
        N/A
        BIOTE FOUNDER SHARES
        N/A
        
          
        
        30000.000000000000
        NS
        USD
        84825.000000000000
        0.5190129562
        Long
        EC
        CORP
        US
        N
        
        3
        
          N
          N
          N
        
      
      
        CONSUMMATE INVESTMENTS, LLC TERM LOAN
        N/A
        CONSUMMATE INVESTMENTS, LLC TERM LOAN
        N/A
        
          
        
        300000.000000000000
        PA
        USD
        297000.000000000000
        1.8172336928
        Long
        LON
        CORP
        US
        N
        
        3
        
          2024-05-31
          Fixed
          6.875000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        EUR/USD FWD 20220715
        N/A
        
          
        
        1.000000000000
        NC
        USD
        -709.790000000000
        -0.0043429438
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              U.S. BANCORP INVESTMENTS INC.
              H85Z6XZP8B10ES0M2G89
            
            -102566.730000000000
            USD
            97100.000000000000
            EUR
            2022-07-15
            -709.790000000000
          
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        EUR/USD FWD 20220715
        N/A
        
          
        
        1.000000000000
        NC
        USD
        30641.640000000000
        0.1874849179
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              U.S. BANCORP INVESTMENTS INC.
              H85Z6XZP8B10ES0M2G89
            
            -1978000.000000000000
            EUR
            2105544.100000000000
            USD
            2022-07-15
            30641.640000000000
          
        
        
          N
          N
          N
        
      
      
        Authentic Equity Acquisition C
        N/A
        Authentic Equity Acquisition Corp
        G06607108
        
          
          
        
        31000.000000000000
        NS
        USD
        305350.000000000000
        1.8683242697
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cohn Robbins Holdings Corp
        N/A
        Cohn Robbins Holdings Corp
        G23726105
        
          
          
        
        7200.000000000000
        NS
        USD
        71568.000000000000
        0.4378982523
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COVA Acquisition Corp
        N/A
        COVA Acquisition Corp
        G2554Y104
        
          
          
        
        16671.000000000000
        NS
        USD
        163875.930000000000
        1.0026965031
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Enterprise 4.0 Technology Acqu
        N/A
        Enterprise 4.0 Technology Acquisition Corp
        G3137C106
        
          
          
        
        1351.000000000000
        NS
        USD
        13550.530000000000
        0.0829107060
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Global Technology Acquisition
        N/A
        Global Technology Acquisition Corp I
        G3934N107
        
          
          
        
        242.000000000000
        NS
        USD
        2415.160000000000
        0.0147774752
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GLOBAL TECHNOLOGY ACQUISIT-A
        N/A
        Global Technology Acquisition Corp I
        G3934N115
        
          
          
        
        121.000000000000
        NS
        USD
        18.150000000000
        0.0001110532
        N/A
        DE
        CORP
        US
        N
        
        1
        
          
            
              NASDAQ GM
              N/A
            
            Call
            Purchased
            
              
                Global Technology Acquisition
                Global Technology Acquisition Corp I
                
                  
                  
                  
                
              
            
            1.000000000000
            11.500000000000
            USD
            2023-07-13
            XXXX
            -11.830000000000
          
        
        
          N
          N
          N
        
      
      
        Iconic Sports Acquisition Corp
        N/A
        Iconic Sports Acquisition Corp
        G4712C107
        
          
          
        
        7573.000000000000
        NS
        USD
        75730.000000000000
        0.4633639985
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        MONITRONICS INTERNATIONA
        SCAKOG18M6QWWML8YF46
        Monitronics International Inc
        60945HAB0
        
          
        
        150000.000000000000
        PA
        USD
        99500.250000000000
        0.6088054099
        Long
        LON
        CORP
        US
        N
        
        2
        
          2024-03-29
          Floating
          8.750000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RISING TIDE HOLDINGS INC
        254900T03WM6VU0KWL83
        Rising Tide Holdings Inc
        76770EAF4
        
          
        
        500000.000000000000
        PA
        USD
        462500.000000000000
        2.8298672825
        Long
        LON
        CORP
        US
        N
        
        2
        
          2029-06-01
          Floating
          9.309570000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALLIGO UK LTD
        549300ZTMDJ5UKV05P96
        Calligo UK Ltd
        BT0607353
        
          
        
        100000.000000000000
        PA
        
        102437.540000000000
        0.6267776064
        Long
        DBT
        CORP
        GB
        
        N
        
        2
        
          2024-12-29
          Floating
          8.500000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REAL2L
        N/A
        REAL2L
        N/A
        
          
        
        1480933.950000000000
        PA
        USD
        1480933.950000000000
        9.0612898004
        Long
        LON
        CORP
        US
        N
        
        3
        
          2023-05-31
          Floating
          11.006000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GO NORTH GROUP AB
        636700UB68QRCB53V204
        Go North Group AB
        BX4528861
        
          
        
        5000000.000000000000
        PA
        
        488770.500000000000
        2.9906068035
        Long
        DBT
        CORP
        SE
        N
        
        2
        
          2025-07-15
          Floating
          12.803000000000
          N
          N
          N
          N
          N
          
            
              Stockholm Interbank Offered Rates 3 Month
              Stockholm Interbank Offered Rates 3 Month
              SEK
              
                
                
              
            
          
          
            
          
          XXXX
        
        
          N
          N
          N
        
      
      
        LINKEM SPA
        8156008F52B23E338F42
        Linkem SpA
        BA0032827
        
          
          
        
        1250000.000000000000
        PA
        
        1312899.170000000000
        8.0331468247
        Long
        DBT
        CORP
        IT
        N
        
        2
        
          2022-08-09
          Floating
          6.000000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PREEM HOLDING AB
        N/A
        Preem Holdings AB
        BX2252621
        
          
        
        250000.000000000000
        PA
        
        261988.600000000000
        1.6030118217
        Long
        DBT
        CORP
        SE
        N
        
        2
        
          2027-06-30
          Fixed
          12.000000000000
          N
          N
          N
        
        
          N
          N
          N
        
      
    
    
      2022-08-10
      Trust for Professional Managers
      /s/ John Buckel
      John Buckel
      President
    
  
  XXXX



CrossingBridge Responsible Credit Fund
         
Schedule of Investments
         
June 30, 2022 (Unaudited)
         
   
Face Amount /
       
   
Number of Shares
   
Value
 
Asset Backed Securities - 9.14%
         
Transportation and Warehousing - 9.14%
         
Hawaiian Airlines 2013-1 Class A Pass Through Certificates
         
2013-1, 3.900%, 01/15/2026
1,783,383
   
1,499,192
 
Total Asset Backed Securities (Cost $1,544,131)
     
1,499,192
 
             
Bank Loans - 14.27%
         
Administrative and Support and Waste Management and Remediation Services - 0.61%
         
Monitronics International, Inc.
         
8.750% (Base Rate + 7.500%), 03/29/2024 (a)
149,615
   
99,245
 
Information - 1.81%
         
Consummate Investments LLC
         
6.875%, 05/31/2024 (g)
300,000
   
297,000
 
Manufacturing - 9.03%
         
Real Alloy
         
12.250% (3 Month LIBOR + 10.000%), 05/31/2023 (a)(g)
1,480,934
   
1,480,934
 
Retail Trade - 2.82%
         
West Marine, Inc.
         
9.916% (1 Month LIBOR + 8.250%), 06/01/2029 (a)
500,000
   
462,500
 
Total Bank Loans (Cost $2,377,531)
     
2,339,679
 
             
Common Stocks - 0.52%
         
Health Care and Social Assistance - 0.52%
         
Biote Corp. Founder Shares (f)(g)(h)
30,000
   
84,825
 
Total Common Stocks (Cost $0)
     
84,825
 
             
Convertible Bonds - 1.13%
         
Manufacturing - 1.13%
         
Danimer Scientific, Inc.
         
3.250%, 12/15/2026 (b)
260,000
   
184,860
 
Total Convertible Bonds (Cost $258,960)
     
184,860
 
             
Corporate Bonds - 56.14%
         
Agriculture, Forestry, Fishing and Hunting - 6.03%
         
Cooks Venture, Inc.
         
2022-2, 5.500%, 01/15/2025 (b)
1,000,000
   
988,700
 
Educational Services - 1.74%
         
Cengage Learning, Inc.
       
 
9.500%, 06/15/2024 (b)
308,000
   
285,341
 
Finance and Insurance - 3.97%
         
StoneX Group, Inc.
         
8.625%, 06/15/2025 (b)
648,000
   
650,819
 
Information - 17.26%
         
Calligo UK Ltd.
         
8.500% (3 Month EURIBOR + 8.500%), 12/29/2024 (a)(c)(d)
100,000
   
102,438
 
Connect Finco SARL / Connect US Finco LLC
       
 
6.750%, 10/01/2026 (b)(c)
200,000
   
179,425
 
Go North Group AB
       
 
12.874%, 07/15/2025 (c)(e)
5,000,000
   
488,771
 
INNOVATE Corp.
         
8.500%, 02/01/2026 (b)
460,000
   
393,226
 
Linkem S.p.A.
         
6.000% (3 Month EURIBOR + 6.000%), 08/09/2022 (a)(c)(d)
1,250,000
   
1,312,899
 
MicroStrategy, Inc.
         
6.125%, 06/15/2028 (b)
316,000
   
252,220
 
Tigo Energy, Inc.
         
5.500%, 01/15/2025 (b)
100,000
   
100,078
 
       
2,829,057
 
Manufacturing - 4.94%
         
Chobani LLC / Chobani Finance Corp, Inc.
         
7.500%, 04/15/2025 (b)
550,000
   
506,057
 
LR Global Holding GmbH
         
7.250% (3 Month EURIBOR + 7.250%), 02/03/2025 (a)(c)(d)
300,000
   
304,169
 
       
810,226
 
Mining, Quarrying, and Oil and Gas Extraction - 1.92%
         
Copper Mountain Mining Corp.
         
8.000%, 04/09/2026 (c)
333,120
   
314,798
 
Professional, Scientific, and Technical Services - 3.48%
         
Getty Images, Inc.
         
9.750%, 03/01/2027 (b)
600,000
   
570,774
 
Retail Trade - 3.53%
         
The Fresh Market, Inc.
         
9.750%, 05/01/2023 (b)
578,954
   
578,954
 
Transportation and Warehousing - 7.77%
         
Golar LNG Ltd.
         
7.000%, 10/20/2025 (c)
480,000
   
454,200
 
Rockpoint Gas Storage Canada Ltd.
         
7.000%, 03/31/2023 (b)(c)
832,000
   
818,384
 
       
1,272,584
 
Utilities - 5.50%
         
IEA Energy Services LLC
         
6.625%, 08/15/2029 (b)
1,100,000
   
902,000
 
Total Corporate Bonds (Cost $9,889,981)
     
9,203,253
 
             
Special Purpose Acquisition Companies  - 11.60%
         
AltEnergy Acquisition Corp. (f)
1,341
   
                 13,383
 
Atlantic Avenue Acquisition Corp. (f)
26,630
   
               264,036
 
Authentic Equity Acquisition Corp.  (c)(f)
31,000
   
305,350
 
AxonPrime Infrastructure Acquisition Corp. Founder Shares (f)(g)(h)
1,000
   
                      230
 
Carney Technology Acquisition Corp. II (f)
11,082
   
               109,379
 
Cohn Robbins Holdings Corp.  (c)(f)
7,200
   
71,568
 
COVA Acquisition Corp.  (c)(f)
16,671
   
163,876
 
Empowerment & Inclusion Capital I Corp. (f)
22,322
   
               219,649
 
Enterprise 4.0 Technology Acquisition Corp.  (c)(f)
1,351
   
13,551
 
Global Technology Acquisition Corp. I  (c)(f)
242
   
2,415
 
Goldenstone Acquisition Ltd. (f)
8,333
   
                 82,413
 
Healthcare Services Acquisition Corp. (f)
31,000
   
               305,040
 
Iconic Sports Acquisition Corp.  (c)(f)
7,573
   
75,730
 
Ignyte Acquisition Corp. (f)
22,737
   
               224,414
 
Legato Merger Corp. II (f)
4,502
   
                 44,660
 
SportsMap Tech Acquisition Corp. (f)
675
   
                   6,730
 
Total Special Purpose Acquisition Companies  (Cost $1,876,061)
     
1,902,424
 
             
Warrants - 0.01%
         
Arbor Rapha Capital Bioholdings Corp. I (f)
         
Expiration: 10/31//2028, Exercise Price: $11.50
10,349
   
634
 
Global Technology Acquisition Corp. I (c)(f)
         
Expiration: 10/19/2026, Exercise Price: $11.50
121
   
18
 
Goldenstone Acquisition Ltd. (f)
         
Expiration: 07/15/2026, Exercise Price: $11.50
6,333
   
418
 
Total Warrants (Cost $2,086)
     
1,070
 
           
Money Market Funds - 9.97%
         
First American Government Obligations Fund - Class X, 1.301% (i)
788,455
   
788,455
 
First American Treasury Obligations Fund - Class X, 1.324% (i)
845,268
   
845,268
 
Total Money Market Funds (Cost $1,633,723)
     
1,633,723
 
             
Total Investments (Cost $17,582,473) - 102.78%
     
16,849,026
 
Liabilities in Excess of Other Assets - (2.78)%
     
(455,356)
 
Total Net Assets - 100.00%
    $
        16,393,670
 

Percentages are stated as a percent of net assets.
       

 
Face amount in U.S. Dollar unless otherwise indicated.
       
(a)
 
Variable rate security. The rate shown represents the rate at June 30, 2022.
       
(b)
 
Securities issued pursuant to Rule 144A under the Securities Act of 1933 and Regulation S under the Securities Act of 1933.
 
   
Aggregate value of these securities is $6,410,839 or 39.11% of Fund’s net assets.
       
(c)
 
Foreign issued security.
       
(d)
 
Principal amount denominated in Euros.
       
(e)
 
Principal amount denominated in Swedish Krona.
       
(f)
 
Non-income producing security.
       
(g)
 
Security valued using unobservable inputs.
       
(h)
 
Illiquid security.
       
(i)
 
Seven day yield as of June 30, 2022.
       

Definitions:
       
EURIBOR – Euro-Interbank Offer Rate is a reference rate expressing the average interest rate at
     
which eurozone banks offer unsecured short-term lending on the interbank market.
       
LIBOR – London Interbank Offer Rate is a benchmark rate at which banks offer to lend funds to one
     
another in the international interbank market for short-term loans.
       

CrossingBridge Responsible Credit Fund
                   
Schedule of Forward Currency Exchange Contracts
               
June 30, 2022 (Unaudited)
                     
                         
Settlement
Date
Counterparty
Currency to be
Delivered
 
USD Value at
June 30, 2022
 
Currency to be
Received
 
USD Value at
June 30, 2022
   
Unrealized Appreciation / (Depreciation)
 
7/15/2022
U.S. Bank
1,978,000 EUR
 
$
2,074,902
 
2,105,544 USD
 
$
2,105,544
   
$
30,642
 
7/15/2022
U.S. Bank
102,567 USD
   
102,567
 
97,100 EUR
   
101,857
     
(710
)
         
$
2,177,469
     
$
2,207,401
   
$
29,932
 

EUR - Euro
           
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 year ended September 30, 2021, 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, 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.
       
         
If market quotations are not readily available, a security or other asset will be valued at its fair value as determined under fair value pricing procedures approved
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 Trust’s
valuation committee.
       
         
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.
 
         
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.
 
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 June 30, 2022:
 

CrossingBridge Responsible Credit Fund
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Assets(1):
                       
   Asset Backed Securities
 
$
-
   
$
1,499,192
   
$
-
   
$
1,499,192
 
   Bank Loans
   
-
     
561,745
     
1,777,934
     
2,339,679
 
   Common Stocks
   
-
     
-
     
84,825
     
84,825
 
   Convertible Bonds
   
-
     
184,860
     
-
     
184,860
 
   Corporate Bonds
   
-
     
9,203,253
     
-
     
9,203,253
 
   Special Purpose Acquisition Companies
   
1,895,464
     
6,730
     
230
     
1,902,424
 
   Warrants
   
652
     
418
     
-
     
1,070
 
   Money Market Fund
   
1,633,723
     
-
     
-
     
1,633,723
 
Total Assets
 
$
3,529,839
   
$
11,456,198
   
$
1,862,989
   
$
16,849,026
 
                                 
Other Financial Instruments(2):
                               
   Forward Currency Exchange Contracts
 
$
-
   
$
29,932
   
$
-
   
$
29,932
 
Total Other Financial Instruments
 
$
-
   
$
29,932
   
$
-
   
$
29,932
 

(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
                 
   
Bank Loans
   
Common Stocks
   
Special Purpose Acquisition Companies
 
Beginning Balance - October 1, 2021
 
$
-
   
$
-
   
$
-
 
Purchases
   
1,777,934
     
-
     
-
 
Sales
   
-
     
-
     
-
 
Realized gains
   
-
     
-
     
-
 
Realized losses
   
-
     
-
     
-
 
Change in unrealized appreciation (depreciation)
   
-
     
84,825
     
230
 
Transfer in/(out) of Level 3
   
-
     
-
     
-
 
Ending Balance - June 30, 2022
 
$
1,777,934
   
$
84,825
   
$
230
 

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 June 30, 2022:
       

CrossingBridge Responsible Credit Fund
               
Description
 
Fair Value June 30, 2022
 
Valuation Methodologies
Unobservable Input
 
Range/Weighted Average Unobservable Input
 
Bank Loans
 
$
1,777,934
 
Company-specific information
Market assessment
 
$
99-$100/$99.83
 
Common Stocks*
   
84,825
 
Company-specific information
Market assessment
 
$
2.83/$2.83
 
Special Purpose Acquisition Companies**
   
230
 
Company-specific information
Market assessment
 
$
0.23/$0.23
 

* Table presents information for one security, which has been valued at $100.00 throughout the period.
   
** Table presents information for one security, which has been valued between $0 and $0.45 throughout the period.
 



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