Investment Portfolios

(UNAUDITED) | 03.31.2024

 

 

CARILLON REAMS UNCONSTRAINED BOND FUND

 

 

CORPORATE BONDS - 19.4%

Principal Amount

 

Value

Aerospace & defense - 0.3%

 

The Boeing Co., 3.60%, 05/01/34

$                6,360,000

                       5,270,111

Airlines - 2.4%

 

Air Canada, Pass Through Trust, Series 2020-2, Class A, 144A, 5.25%, 04/01/29

                1,728,521

                       1,698,364

Alaska Airlines, Pass Through Trust, Series 2020-1, Class A, 144A, 4.80%, 08/15/27

                3,657,231

                       3,567,004

British Airways, Pass Through Trust,

 

Series 2020-1, Class A, 144A, 4.25%, 11/15/32

                2,270,729

                       2,117,518

Series 2021-1, Class A, 144A, 2.90%, 03/15/35

                4,593,800

                       3,966,904

Delta Air Lines, Pass Through Trust, Series 2020-1, Class AA, 2.00%, 06/10/28

              12,070,359

                     10,911,080

JetBlue, Pass Through Trust, Series 2020-1, Class A, 4.00%, 11/15/32

                3,564,361

                       3,302,640

United Airlines, Pass Through Trust,

 

Series 2014-1, Class A, 4.00%, 04/11/26

                2,830,445

                       2,741,778

Series 2015-1, Class AA, 3.45%, 12/01/27

                   962,403

                          901,363

Series 2016-2, Class AA, 2.88%, 10/07/28

                3,666,241

                       3,320,687

Series 2018-1, Class AA, 3.50%, 09/01/31

                1,066,880

                          980,007

Series 2019-1, Class AA, 4.15%, 08/25/31

                4,966,248

                       4,645,404

Series 2019-2, Class AA,  2.70%, 05/01/32

                   227,537

                          194,643

Auto manufacturers - 2.7%

 

Ford Motor Credit Co. LLC,

 

4.27%, 01/09/27

                4,180,000

                       4,021,000

6.95%, 03/06/26

                6,950,000

                       7,082,438

7.35%, 11/04/27

                9,378,000

                       9,835,385

General Motors Financial Co., Inc., 6.00%, 01/09/28

                8,580,000

                       8,795,745

Toyota Motor Credit Corp., 5.00%, 03/19/27

                5,090,000

                       5,105,609

Volkswagen Group of America Finance LLC, 144A, 5.30%, 03/22/27

                7,275,000

                       7,290,094

Banks - 4.6%

 

Bank of America Corp.,

 

(Fixed until 02/04/32, then SOFR + 1.3%), 2.97%, 02/04/33

                6,810,000

                       5,791,499

(Fixed until 07/22/27, then SOFR + 2.04%), 4.95%, 07/22/28

                2,925,000

                       2,902,681

(Fixed until 07/22/32, then SOFR + 2.16%), 5.02%, 07/22/33

                4,715,000

                       4,640,775

Citigroup, Inc.

 

(Fixed until 03/17/32, then SOFR + 1.94%), 3.79%, 03/17/33

              12,435,000

                     11,107,501

(Fixed until 11/17/32, then SOFR + 2.34%), 6.27%, 11/17/33

                3,985,000

                       4,208,827

JPMorgan Chase & Co.,

 

(Fixed until 07/25/32, then SOFR + 2.08%), 4.91%, 07/25/33

                9,990,000

                       9,781,652

(Fixed until 06/01/33, then SOFR + 1.85%), 5.35%, 06/01/34

                6,520,000

                       6,545,154

Mitsubishi UFJ Financial Group, Inc. (Fixed until 07/20/26, then 1 Year CMT Rate + 0.75%), 1.54%, 07/20/27

                5,470,000

                       5,038,015

The PNC Financial Services Group, Inc. (Fixed until 10/28/32, then SOFR Index + 2.14%), 6.04%, 10/28/33

                7,060,000

                       7,299,272

Wells Fargo & Co.,

 

(Fixed until 03/02/32, then SOFR + 1.50%), 3.35%, 03/02/33

                2,905,000

                       2,520,458

(Fixed until 04/04/30, then 3 Month Term SOFR USD + 4.03%), 4.48%, 04/04/31

                4,230,000

                       4,050,295

(Fixed until 07/25/32, then SOFR + 2.10%), 4.90%, 07/25/33

                8,535,000

                       8,224,814

(Fixed until 04/24/33, then SOFR + 2.02%), 5.39%, 04/24/34

                   850,000

                          844,707

Biotechnology - 0.2%

 

Amgen, Inc., 5.15%, 03/02/28

                3,465,000

                       3,487,212

Capital markets - 3.0%

 

Morgan Stanley (Fixed until 10/18/32, then SOFR + 2.56%), 6.34%, 10/18/33

                9,455,000

                     10,116,323

The Bank of New York Mellon Corp. (Fixed until 04/26/33, then SOFR + 1.61%), 4.97%, 04/26/34

                7,665,000

                       7,524,367

The Goldman Sachs Group, Inc. (Fixed until 02/24/32, then SOFR + 1.41%), 3.10%, 02/24/33

              19,540,000

                     16,711,503

UBS Group AG (Fixed until 01/12/33, then 1 Year CMT Rate + 2.20%), 144A, 5.96%, 01/12/34

              12,905,000

                     13,240,396

Commercial services - 0.4%

 

ERAC USA Finance LLC, 144A, 4.60%, 05/01/28

                6,015,000

                       5,938,838

Consumer finance - 0.5%

 

American Express Co. (Fixed until 02/16/27, then SOFR + 1.00%), 5.10%, 02/16/28

                7,200,000

                       7,188,890

Diversified telecommunication services - 0.2%

 

Verizon Communications, Inc., 2.55%, 03/21/31

                3,235,000

                       2,763,729

Electric - 2.8%

 

Appalachian Power Co., 2.70%, 04/01/31

                6,185,000

                       5,208,047

Consolidated Edison Co. of New York, Inc., 3.35%, 04/01/30

                   510,000

                          469,765

Duke Energy Florida LLC, 5.88%, 11/15/33

                3,950,000

                       4,173,577

Duke Energy Indiana LLC, 5.25%, 03/01/34

                7,605,000

                       7,665,888

Entergy Arkansas LLC, 5.30%, 09/15/33

                5,810,000

                       5,862,798

Entergy Louisiana LLC,

 

2.35%, 06/15/32

                5,485,000

                       4,478,199

5.35%, 03/15/34

              11,650,000

                     11,693,539

Public Service Electric and Gas Co., 4.65%, 03/15/33

                5,200,000

                       5,068,351

Electric utilities - 1.0%

 

Duke Energy Corp., 5.00%, 12/08/27

                4,220,000

                       4,214,721

Edison International, 4.95%, 04/15/25

                   575,000

                          570,372

Southern California Edison Co., 1.20%, 02/01/26

                4,890,000

                       4,541,080

Wisconsin Power and Light Co., 5.38%, 03/30/34

                6,350,000

                       6,392,212

Health care equipment & supplies - 0.4%

 

GE HealthCare Technologies, Inc., 5.86%, 03/15/30

                6,725,000

                       7,000,312

Insurance - 0.3%

 

Jackson National Life Global Funding, 144A, 1.75%, 01/12/25

                2,950,000

                       2,861,175

Metropolitan Life Global Funding I, 144A, 4.30%, 08/25/29

                2,720,000

                       2,619,608

Multi-utilities - 0.3%

 

Dominion Energy, Inc., 3.38%, 04/01/30

                6,090,000

                       5,534,553

Oil, gas & consumable fuels - 0.3%

 

TransCanada PipeLines Ltd., 4.10%, 04/15/30

                4,851,000

                       4,581,241

Total corporate bonds (cost $314,521,726)

                   308,610,120

 

MORTGAGE AND ASSET-BACKED SECURITIES - 53.1%

 

 

Asset-backed securities - 20.1%

 

American Express Credit Account Master Trust, Series 2001-1, Class A, 0.90%, 11/15/26

              10,855,000

                     10,537,871

Atrium XIII (3 Month Term SOFR + 1.15%), 144A, 6.47%, 11/21/30

                6,930,000

                       6,931,663

Avis Budget Rental Car Funding AESOP LLC,

 

Series 2020-2A, Class A, 144A, 2.02%, 02/20/27

                5,130,000

                       4,841,563

Series 2021-1A, Class A, 144A,  1.38%, 08/20/27

                1,950,000

                       1,791,493

Series 2023-3A, Class A, 144A, 5.44%, 02/22/28

                2,415,000

                       2,428,997

Series 2023-5A, Class A, 144A, 5.78%, 04/20/28

                8,185,000

                       8,300,876

Series 2024-1A, Class A, 144A, 5.36%, 06/20/30

              10,135,000

                     10,185,182

Series 2024-2A, Class A, 144A, 5.13%, 10/20/28

              11,095,000

                     11,090,604

Series 2024-2A, Class A, 144A, 5.23%, 12/20/30

                5,545,000

                       5,540,597

BlueMountain CLO 2018-3 Ltd. (3 Month Term SOFR + 1.19%), 144A, 6.51%, 10/25/30

                5,545,000

                       5,568,782

Citibank Credit Card Issuance Trust, Series 2017-A5, Class A5 (3 Month Term SOFR + 0.73%), 6.06%, 04/22/26

                4,290,000

                       4,291,567

CoreVest American Finance Trust, Series 2019-2, Class A, 144A, 2.84%, 06/15/52

                1,881,082

                       1,871,543

FirstKey Homes Trust,

 

Series 2020-SFR2, Class A, 144A, 1.27%, 10/19/37

              11,707,587

                     10,957,009

Series 2022-SFR1, Class A, 144A, 4.15%, 05/19/39

                1,861,411

                       1,805,024

Series 2022-SFR2, Class A, 144A,  4.25%, 07/17/39

                4,492,441

                       4,345,380

Ford Credit Auto Owner Trust, Series 2024-A, Class A2B (SOFR30A + 0.36%), 0.36%, 01/15/27

              13,305,000

                     13,307,588

GM Financial Consumer Automobile Receivables Trust,

 

Series 2024-1, Class A2A, 5.12%, 02/16/27

                2,520,000

                       2,514,021

Series 2024-1, Class A2B (SOFR30A + 0.40%), 5.72%, 02/16/27

                2,550,000

                       2,550,706

Goldentree Loan Management US Clo 4 Ltd. (3 Month Term SOFR + 1.15%), 144A, 6.48%, 04/24/31

                5,960,000

                       5,964,530

Hertz Vehicle Financing LLC,

 

Series 2021-1A, Class A, 144A, 1.21%, 12/26/25

              23,075,000

                     22,528,729

Series 2021-2A, Class A, 144A, 1.68%, 12/27/27

                8,350,000

                       7,619,531

Series 2022-2A, Class A, 144A, 2.33%, 06/26/28

                1,490,000

                       1,364,406

Home Partners of America Trust,

 

Series 2021-1, Class A, 144A, 1.70%, 09/17/41

                4,116,126

                       3,419,755

Series 2021-2, Class A, 144A, 1.90%, 12/17/26

              10,379,716

                       9,420,237

Series 2021-3, Class A, 144A, 2.20%, 01/17/41

              12,240,578

                     10,730,967

Honda Auto Receivables Owner Trust, Series 2024-1, Class A2, 5.36%, 09/15/26

              11,240,000

                     11,241,418

Huntington Auto Trust, Series 2024-1, Class A2, 144A, 5.50%, 03/15/27

              17,525,000

                     17,522,524

Hyundai Auto Receivables Trust,

 

Series 2023-C, Class A2B (SOFR30A + 0.63%), 5.95%, 01/15/27

                4,720,000

                       4,730,170

Series 2024-A, ClassA2B (SOFR30A + 0.42%), 5.74%, 04/15/27

              14,460,000

                     14,461,362

Invitation Homes Trust, Series 2018-SFR4, Class A (1 Month LIBOR USD + 1.21%), 144A, 6.53%, 01/17/38

                3,351,372

                       3,359,546

Madison Park Funding XXIX Ltd. (3 Month Term SOFR + 1.18%),  144A, 6.51%, 10/18/30

                4,155,000

                       4,155,744

Mercedes-Benz Auto Lease Trust, Series 2023-A, Class A2,  5.24%, 11/17/25

                8,527,025

                       8,515,537

Mercedes-Benz Auto Receivables Trust,

 

Series 2022-1, Class A2, 5.26%, 10/15/25

                2,684,861

                       2,683,903

Series 2024-1, Class A2B (SOFR30A + 0.37%), 5.69%, 05/17/27

                7,170,000

                       7,167,938

Porsche Financial Auto Securitization Trust,

 

Series 2023-2, Class A2A, 144A, 5.88%, 11/23/26

                3,606,544

                       3,610,839

Series 2023-2, Class A2B (SOFR30A + 0.58%), 144A, 5.90%, 11/23/26

                3,502,794

                       3,505,299

Progress Residential  Trust,

 

Series 2021-SFR3, Class A, 144A, 1.64%, 05/17/26

                4,162,247

                       3,848,449

Series 2021-SFR7, Class A, 144A, 1.69%, 08/17/40

                3,463,660

                       2,993,452

Series 2021-SFR8, Class A, 144A, 1.51%, 10/17/38

                3,310,025

                       3,008,777

Series 2021-SFR9, Class A, 144A, 2.01%, 11/17/40

                7,409,324

                       6,470,886

Series 2022-SFR1, Class A, 144A, 2.71%, 02/17/41

                4,222,693

                       3,777,061

Series 2022-SFR6, Class A, 144A, 4.45%, 07/20/39

                3,405,051

                       3,320,830

Series 2023-SFR2, Class A, 144a, 4.50%, 10/17/28

                6,350,000

                       6,176,931

Series 2024-SFR1, Class A, 144A, 3.35%, 02/17/41

                4,300,000

                       3,960,414

Series 2024-SFR2, Class A, 144A,  3.30%, 04/17/41

                8,890,000

                       8,132,081

Toyota Auto Receivables Owner Trust,

 

Series 2022-D, Class A2A, 5.27%, 01/15/26

                2,543,449

                       2,541,577

Series 2024-A, ClassA2B (SOFR30A + 0.35%), 5.67%, 12/15/26

                6,015,000

                       6,015,240

Tricon Residentia Owner Trust,

 

Series 2022-SFR1, Class A, 144A, 3.86%, 04/17/39

              13,685,174

                     13,122,899

Series 2024-SFR1, Class A, 144A, 4.65%, 04/17/29

                5,310,000

                       5,172,847

Commercial mortgage-backed securities - 14.9%

 

BANK, Series 2021-BNK35, Class A2, 1.87%, 06/15/64

                6,280,000

                       5,519,090

BBCMS Mortgage Trust 2022-C18, Class A2, VR, 5.50%, 12/15/55

                7,380,000

                       7,480,045

Benchmark Mortgage Trust, Series 2021-B28, Class A2, 1.79%, 08/15/54

                4,640,000

                       4,295,979

BRAVO Residential Funding Trust,

 

Series 2023-NQM5, Class A1, 144A, SB, 6.51%, 06/25/63

                4,228,797

                       4,259,040

Series 2023-NQM8, Class A1, 144A, SB, 6.39%, 10/25/63

                6,757,841

                       6,777,449

Series 2024-NQM1, Class A1, 144A, SB, 5.94%, 12/01/63

                   962,272

                          960,026

Series 2024-NQM2, Class A1, 144A, SB, 6.29%, 02/25/64

              14,374,730

                     14,416,708

Citigroup Commercial Mortgage Trust, Series 2015-GC29, Class A2, 2.98%, 11/10/52

                4,529,000

                       4,412,306

Citigroup Mortgage Loan Trust, Series 2021-J2, Class A7A, 144A, VR, 2.50%, 07/25/51

                1,909,504

                       1,657,891

COLT Mortgage Loan Trust,

 

Series 2024-1, Class A1, 144A,SB, 5.84%, 02/25/69

                   889,156

                          884,849

Series 2024-INV1, Class A1, 144A, SB, 5.90%, 12/25/68

                2,802,440

                       2,794,608

COMM Mortgage Trust,

 

Series 2015-CCRE22, Class ASB, 3.14%, 03/10/48

                1,085,550

                       1,077,451

Series 2015-CCRE23, Class ASB, 3.26%, 05/10/48

                1,484,689

                       1,471,694

Csail Commercial Mortgage Trust, Series 2015-C2, Class ASB, 3.22%, 06/15/57

                1,142,395

                       1,131,610

DBJPM Mortgage Trust, Series 2020-C9, Class A2, 1.90%, 08/15/53

                4,218,762

                       3,982,166

Flagstar Mortgage Trust, Series 2021-8INV, Class A3, 144A, VR, 2.50%, 09/25/51

                1,558,670

                       1,248,763

GS Mortgage-Backed Securities Trust,

 

Series 2014-GC26, Class AAB, 3.37%, 11/10/47

                1,023,589

                       1,018,676

Series 2015-GC28, Class AAB, 3.21%, 02/10/48

                1,058,687

                       1,049,922

Series 2020-INV1, Class A14, 144A, VR, 2.92%, 10/25/50

                3,960,241

                       3,336,349

Series 2021-GR2, Class A2, 144A, VR, 2.50%, 02/25/52

                2,166,960

                       1,736,107

Series 2021-MM1, Class A2, 144A,VR, 2.50%, 04/25/52

                7,034,684

                       5,635,992

Series 2021-PJ5, Class A8, 144A, VR, 2.50%, 10/25/51

                3,529,299

                       3,067,648

Series 2021-PJ10, Class A2, 144A, VR, 2.50%, 03/25/52

                4,527,676

                       3,627,447

Series 2022-GR2, Class A2, 144A, VR, 3.00%, 08/26/52

                4,304,458

                       3,590,180

Series 2022-LTV2, Class A2, 144A, VR, 4.00%, 12/25/52

                3,952,411

                       3,647,466

Series 2022-PJ2, Class A4, 144A, VR, 2.50%, 06/25/52

                3,175,808

                       2,544,368

J.P. Morgan Mortgage Trust,

 

Series 2021-1, Class A3, 144A, VR, 2.50%, 06/25/51

                1,261,398

                       1,010,597

Series 2021-3, Class A3, 144A, VR, 2.50%, 07/25/51

                3,566,659

                       2,857,507

Series 2021-4, Class A3, 144A, VR, 2.50%, 08/25/51

                2,796,379

                       2,240,381

Series 2021-6, Class A3, 144A, VR, 2.50%, 10/25/51

                3,038,885

                       2,434,670

Series 2021-8, Class A3, 144A, VR, 2.50%, 12/25/51

                2,605,565

                       2,087,506

Series 2021-INV6, Class A2, 144A, VR, 3.00%, 04/25/52

                6,259,183

                       5,257,469

Series 2021-INV8, Class A2, 144A, VR, 3.00%, 05/25/52

                5,815,937

                       4,856,081

Series 2022-4, Class A2A, 144A, VR, 3.00%, 10/25/52

                2,108,552

                       1,760,558

Series 2022-6, Class A3, 144A, VR, 3.00%, 11/25/52

                2,490,511

                       2,079,479

Series 2022-8, Class A3, 144A, VR, 4.00%, 01/25/53

                1,977,133

                       1,788,842

Series 2022-INV1, Class A3, 144A, VR, 3.00%, 03/25/52

                3,377,182

                       2,819,815

Series 2024-3, Class A3, 144A, VR, 3.00%, 05/25/54

                8,505,000

                       7,126,925

Morgan Stanley Residential Mortgage Loan Trust, Series 2023-1, Class A1, 144A, VR, 4.00%, 02/25/53

                9,577,631

                       8,611,401

OBX Trust,

 

Series 2021-INV2, Class A3, 144A, VR, 2.50%, 10/25/51

                2,646,567

                       2,120,355

Series 2023-INV1, Class A1, 144A, VR, 3.00%, 01/25/52

                9,764,812

                       8,153,237

Series 2023-NQM3, Class A1, 144A, SB, 5.95%, 02/25/63

                2,115,838

                       2,107,088

Series 2024-NQM3, Class A1, 144A, SB, 6.13%, 12/25/63

              14,244,526

                     14,252,310

Series 2024-NQM4, Class A1, 144A, SB, 6.07%, 01/25/64

                7,708,225

                       7,711,551

PRMI Securitization Trust, Series 2021-1, Class A3, 144A, VR, 2.50%, 04/25/51

                5,804,260

                       5,002,557

PSMC Trust,

 

Series 2021-1, Class A11, 144A, VR, 2.50%, 03/25/51

                1,849,583

                       1,608,013

Series 2021-2, Class A3, 144A, VR, 2.50%, 05/25/51

                3,779,026

                       3,311,269

RATE Mortgage Trust,

 

Series 2021-J3, Class A1, 144A, VR, 2.50%, 10/25/51

                3,957,047

                       3,170,275

Series 2021-J4, Class A1, 144A, VR, 2.50%, 11/25/51

                4,478,691

                       3,588,202

Sequoia Mortgage Trust,

 

Series 2021-3, Class A1, 144A,VR, 2.50%, 05/25/51

                5,750,476

                       4,607,121

Series 2021-4, Class A1, 144A, VR, 2.50%, 06/25/51

                5,587,074

                       4,476,207

Series 2021-6, Class A1, 144A, VR, 2.50%, 10/25/51

                2,588,631

                       2,073,939

Verus Securitization Trust,

 

Series 2023-2, Class A1, 144A, SB, 6.19%, 03/25/68

                1,367,158

                       1,367,542

Series 2023-8, Class A1, 144A, SB, 6.26%, 12/25/68

                4,166,180

                       4,178,269

Series 2023-INV3, Class A1, 144A, VR, 6.88%, 11/25/68

                1,939,462

                       1,963,362

Series 2024-2, Class A1, 144A, VR, 6.10%, 02/25/69

              14,165,413

                     14,163,348

Series 2024-INV1, Class A1, 144A, VR, 6.12%, 03/25/69

                4,300,000

                       4,313,907

Wells Fargo Mortgage Backed Securities Trust, Series 2021-RR1, Class A1, 144A, VR, 2.50%, 12/25/50

                7,810,620

                       6,257,650

WFRBS Commercial Mortgage Trust,

 

Series 2014-C22, Class A4, 3.49%, 09/15/57

                4,284,313

                       4,245,097

Series 2014-C22, Class ASB, 3.46%, 09/15/57

                1,179,813

                       1,172,353

Federal agency mortgage-backed obligations - 18.1%

 

Fannie Mae Pool,

 

TBA, 4.00%, 02/25/54

            145,130,000

                   134,447,309

TBA, 5.00%, 05/15/54

              50,400,000

                     49,189,174

TBA, 5.50%, 05/15/54

              67,655,000

                     67,319,179

TBA, 6.00%, 05/15/54

              37,520,000

                     37,854,252

Total mortgage and asset-backed securities (cost $848,224,680)

                   844,612,972

 

FOREIGN GOVERNMENT BONDS - 4.7%

 

 

Secretaria Tesouro Nacional, 10.00%, 01/01/31 (Principal Amount is listed in Brazillian Real)

                   405,398

                     75,264,246

Total foreign government bonds (cost $74,916,192)

                     75,264,246

 

U.S. TREASURIES - 29.9%

 

 

United States Treasury Inflation Indexed Bonds,  1.75%, 01/15/34

              38,342,638

                     37,851,573

U.S. Treasury Bond,  4.13%, 08/15/53

              48,360,000

                     46,478,494

U.S. Treasury Notes,

 

2.75%, 08/15/32

              17,750,000

                     15,920,225

4.00%, 01/31/29

              91,895,000

                     90,947,333

4.13%, 02/15/27

              58,345,000

                     57,852,714

4.25%, 01/31/26

            122,400,000

                   121,434,188

4.63%, 09/30/28

            102,915,000

                   104,398,423

Total U.S. Treasuries (cost $475,169,3951)

                   474,882,950

 

MEDIUM-TERM NOTES - 1.2%

 

 

Citigroup Global Markets Holdings, Inc.,

 

144A, 04/12/24#

                       5,189

                       6,028,532

144A, 05/13/24*

                       6,203

                       6,788,291

144A, 05/20/24*

                7,095,000

                       7,070,109

Total medium-term notes (cost $18,487,000)

                     19,886,932

 

SHORT-TERM INVESTMENTS - 7.8%

 

 

U.S. Treasury Bills, ZCI, 5.27%, 08/08/24+

            126,700,000

                   124,373,775

Total short-term investments (cost $124,372,973)

                   124,373,775

Total investment portfolio (cost $1,855,691,966) - 116.1%

                1,847,630,996

Liabilities in excess of other assets - (16.1)%

                  (256,239,734)

Total net assets - 100.0%

             1,591,391,262

144A - Securities are purchased under Rule 144A of the Securities Act of 1933 or are private placements and, unless registered under the Securities Act of 1933 or exempted from registration, generally may only be sold to qualified institutional buyers.

VR - Variable rate security. Interest rate adjusts periodically based on changes in current interest rates. Rate shown is the rate in effect as of the date of this report.

# This security does not pay interest and does not guarantee full repayment of principal at maturity. Instead, the security offers a payment at maturity that may be greater than or less than the stated principal amount, depending on the performance of the SOFR CMS from its initial underlying value to its final underlying value.

* This security does not pay interest and does not guarantee full repayment of principal at maturity. Instead, the security offers a payment at maturity that may be greater than or less than the stated principal amount, depending on the performance of the Synthetic 5Y5Y SOFR CMS from its initial underlying value to its final underlying value.

SB - Step bond. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown is the rate in effect as of the date of this report.

TBA - To-be-announced security. Securities are being used in dollar roll transactions.

ZCI - Zero coupon instrument. Rate disclosed is yield to maturity as of the date of this report.

Fair value measurements | The Fund utilizes a three-level hierarchy of inputs to establish a classification of fair value measurements. The three levels are defined as:

Level 1—Valuations based on unadjusted quoted prices for identical securities in active markets;

Level 2—Valuations based on inputs other than quoted prices that are observable, either directly or indirectly, including inputs in markets that are not considered active; and

Level 3—Valuations based on inputs that are unobservable and significant to the fair value measurement, and may include the Valuation Committee’s own assumptions on determining fair value of investments.

Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. The availability of observable inputs can vary between investments and is affected by various factors such as the type of investment and the volume and/or level of activity for that investment or similar investments in the marketplace. The inputs will be considered by the Valuation Committee, along with any other relevant factors in the calculation of an investment’s fair value. The Fund uses prices and inputs that are current as of the valuation date, which may include periods of market dislocations. During these periods, the availability of prices and inputs may be reduced for many investments. This condition could cause an investment to be reclassified between the various levels within the hierarchy. Investments falling into the Level 3 category may be classified as such due to a lack of market transparency and corroboration to support the quoted prices. Additionally, valuation models may be used as the pricing source for any remaining investments classified as Level 3. These models may rely on one or more significant unobservable inputs and/or significant assumptions by the Valuation Committee. Inputs used in valuations may include, but are not limited to, financial statement analysis, capital account balances, discount rates and estimated cash flows, and comparable entity data.

All investments are categorized as Level 2 as of the date of this report.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual report.

The Global Industry Classification Standard (GICS^®) was developed by and/or is the exclusive property of Morgan Stanley Capital International, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC.

CARILLON REAMS UNCONSTRAINED BOND FUND

SWAP CONTRACTS

(UNAUDITED) | 03.31.2024

CREDIT DEFAULT SWAPS

 Rating of

Premiums

 Unrealized

Reference

Reference Entity

Buy/Sell(a)

Pay/Receive

 Fixed

 Expiration

Notional

Paid

 Appreciation

 Central Clearing Party

Entity

(Moody's/S&P)

Protection

Fixed Rate

  Rate

 Date

 Value(b)

Value (c)

(Received)

 (Depreciation)

Intercontinental Exchange

CDX North American Investment Grade Index Series 42

Baa2/BBB

Sell

Receive

1%/Quarterly

06/20/29

 $        97,210,000

 $             2,202,854

 $       2,237,125

 $              (34,271)

Intercontinental Exchange

iTraxx Australia Series 41 Version 1 Index

Baa2/BBB

Buy

Pay

1%/Quarterly

06/20/29

97,210,000

(1,627,662)

(1,520,616)

(107,046)

 Total credit default swap contracts

 $      194,420,000

 $                575,192

 $          716,509

 $             (141,317)

(a) If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation of underlying securities comprising the referenced index.

(b)The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

(c)The prices and resulting values for credit default swap agreements on credit indices serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

INFLATION RATE SWAPS

Unrealized

Pay/Receive

Floating

Fixed

Payment

 Termination

Notional

Appreciation/

 Central Clearing Party

Floating Rate

Rate Index

Rate

Frequency

 Date

Amount

(Depreciation)

 LCH Ltd^

Pay

U.S. CPI Urban Consumers NSA (CPURNSA)

2.72%

At Termination

06/30/53

EUR 17,646,000

 $             1,441,438

 LCH Ltd

Receive

U.S. CPI Urban Consumers NSA (CPURNSA)

0.00%

At Termination

06/30/53

 $        25,507,000

                   219,781

 Total inflation rate swap contracts

 $             1,661,219

CPI - Consumer Price Index

^ This interest rate swap is denominated in Euro.   Unrealized Appreciation (Depreciation) has been translated into U.S. Dollars as of March 31, 2024.

There is $635 of variation margin due from the broker to the Fund as of the date of this report. Credit Default Swap Contracts and Inflation Rate Swap Contracts are categorized as Level 2 as of the date of this report.