CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS
U.S. TREASURY OBLIGATIONS — 40.0%

   Face Amount   Value 
U.S. Treasury Bills          
4.395%, 08/07/25(A)  $3,475,000   $3,472,528 
4.313%, 08/05/25(A)   4,375,000    4,372,902 
4.301%, 10/09/25(A)   1,725,000    1,710,940 
4.298%, 09/16/25(A)   1,725,000    1,715,595 
4.296%, 08/14/25(A)   2,725,000    2,720,787 
4.295%, 10/21/25(A)   3,575,000    3,540,869 
4.290%, 11/12/25(A)   1,700,000    1,679,405 
4.290%, 11/18/25(A)   2,575,000    2,541,972 
4.287%, 08/21/25(A)   2,550,000    2,543,914 
4.285%, 11/25/25(A)   1,725,000    1,701,481 
4.281%, 10/30/25(A)   2,600,000    2,572,443 
0.000%, 09/30/25(B)   2,625,000    2,606,486 
0.000%, 12/02/25(B)   1,750,000    1,725,560 
U.S. Treasury Notes          
4.379%, USBMMY3M + 0.170%, 10/31/25(C)   1,725,000    1,725,664 
           
Total U.S. Treasury Obligations          
(Cost $34,631,652)        34,630,546 
           
ASSET-BACKED SECURITIES — 30.7% 
           
Automotive — 21.5%          
American Credit Acceptance Receivables Trust, Ser 2024-2, Cl A          
5.900%, 02/12/27 (D)  $16,358   $16,363 
AmeriCredit Automobile Receivables Trust, Ser 2022-2, Cl A3          
4.380%, 04/18/28   25,894    25,890 
AmeriCredit Automobile Receivables Trust, Ser 2024-1, Cl A2B          
4.947%, SOFR30A + 0.600%, 02/18/28 (C)   267,298    267,406 
ARI Fleet Lease Trust, Ser 2023-B, Cl A2          
6.050%, 07/15/32 (D)   210,384    211,927 
ARI Fleet Lease Trust, Ser 2024-A, Cl A2          
5.300%, 11/15/32 (D)   270,639    271,694 
ARI Fleet Lease Trust, Ser 2025-B, Cl A1          
4.559%, 05/15/26 (D)   234,911    234,932 
BMW Vehicle Lease Trust, Ser 2024-2, Cl A2A          
4.290%, 01/25/27   256,971    256,631 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
BMW Vehicle Lease Trust, Ser 2025-1, Cl A2B          
4.740%, SOFR30A + 0.390%, 09/27/27 (C)  $165,000   $165,165 
Capital One Prime Auto Receivables Trust, Ser 2022-1, Cl A3          
3.170%, 04/15/27   35,682    35,534 
CarMax Auto Owner Trust, Ser 2022-2, Cl A3          
3.490%, 02/16/27   62,248    62,121 
CarMax Auto Owner Trust, Ser 2022-4, Cl A3          
5.340%, 08/16/27   136,343    136,720 
CarMax Auto Owner Trust, Ser 2023-4, Cl A2B          
5.140%, SOFR30A + 0.800%, 12/15/26 (C)   13,600    13,603 
CarMax Auto Owner Trust, Ser 2024-1, Cl A2B          
4.960%, SOFR30A + 0.620%, 03/15/27 (C)   15,236    15,241 
CarMax Auto Owner Trust, Ser 2025-2, Cl A1          
4.468%, 05/15/26   55,599    55,598 
Chesapeake Funding II, Ser 2023-1A, Cl A2          
5.590%, SOFR30A + 1.250%, 05/15/35 (C)(D)   63,848    64,121 
Chesapeake Funding II, Ser 2023-2A, Cl A1          
6.160%, 10/15/35 (D)   62,953    63,666 
Citizens Auto Receivables Trust, Ser 2023-1, Cl A3          
5.840%, 01/18/28 (D)   253,905    255,338 
Citizens Auto Receivables Trust, Ser 2024-1, Cl A2B          
4.940%, SOFR30A + 0.600%, 10/15/26 (C)(D)   45,504    45,510 
Citizens Auto Receivables Trust, Ser 2024-2, Cl A2A          
5.540%, 11/16/26 (D)   67,739    67,789 
Citizens Auto Receivables Trust, Ser 2024-2, Cl A2B          
4.880%, SOFR30A + 0.540%, 11/16/26 (C)(D)   304,827    304,877 
CPS Auto Receivables Trust, Ser 2024-C, Cl A          
5.880%, 02/15/28 (D)   240,405    241,061 
DT Auto Owner Trust, Ser 2021-2A, Cl D          
1.500%, 02/16/27 (D)   140,375    140,022 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Enterprise Fleet Financing, Ser 2023-1, Cl A2          
5.510%, 01/22/29 (D)  $331,621   $332,503 
Enterprise Fleet Financing, Ser 2024-3, Cl A2          
5.310%, 04/20/27 (D)   53,704    53,903 
Enterprise Fleet Financing, Ser 2024-4, Cl A1          
4.724%, 10/21/25 (D)   10,673    10,674 
Enterprise Fleet Financing, Ser 2025-2, Cl A1          
4.555%, 05/20/26 (D)   139,030    139,032 
Enterprise Fleet Financing, Ser 2025-3, Cl A1          
4.551%, 07/20/26 (D)   260,000    260,056 
Ford Credit Auto Lease Trust, Ser 2024-A, Cl A3          
5.060%, 05/15/27   340,727    341,322 
Ford Credit Auto Lease Trust, Ser 2024-B, Cl A2A          
5.180%, 02/15/27   49,118    49,198 
Ford Credit Auto Lease Trust, Ser 2024-B, Cl A2B          
4.740%, SOFR30A + 0.400%, 02/15/27 (C)   134,428    134,484 
Ford Credit Auto Lease Trust, Ser 2025-A, Cl A2B          
4.750%, SOFR30A + 0.410%, 08/15/27 (C)   435,000    435,344 
Ford Credit Auto Owner Trust, Ser 2022-C, Cl A3          
4.480%, 12/15/26   23,165    23,156 
Ford Credit Auto Owner Trust, Ser 2023-C, Cl A2A          
5.680%, 09/15/26   4,991    4,993 
Ford Credit Auto Owner Trust, Ser 2024-B, Cl A2B          
4.740%, SOFR30A + 0.400%, 04/15/27 (C)   204,045    204,067 
Ford Credit Auto Owner Trust, Ser 2025-A, Cl A2B          
4.750%, SOFR30A + 0.410%, 12/15/27 (C)   600,000    599,722 
GLS Auto Receivables Issuer Trust, Ser 2025-2A, Cl A1          
4.716%, 04/15/26 (D)   260,716    260,731 
GM Financial Automobile Leasing Trust, Ser 2024-1, Cl A3          
5.090%, 03/22/27   700,000    701,592 
GM Financial Automobile Leasing Trust, Ser 2025-1, Cl A1          
4.408%, 02/20/26   26,063    26,063 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Gm Financial Automobile Leasing Trust, Ser 2025-2, Cl A2B          
4.848%, SOFR30A + 0.500%, 07/20/27 (C)  $125,000   $125,168 
GM Financial Consumer Automobile Receivables Trust, Ser 2021-3, Cl A4          
0.730%, 08/16/27   92,590    92,189 
GM Financial Consumer Automobile Receivables Trust, Ser 2022-4, Cl A3          
4.820%, 08/16/27   642,401    642,844 
GM Financial Consumer Automobile Receivables Trust, Ser 2024-2, Cl A2B          
4.733%, SOFR30A + 0.390%, 03/16/27 (C)   92,918    92,944 
GM Financial Consumer Automobile Receivables Trust, Ser 2024-3, Cl A2A          
5.350%, 06/16/27   54,395    54,483 
GMF Floorplan Owner Revolving Trust Series, Ser 2025-1A, Cl A2          
4.940%, SOFR30A + 0.600%, 03/15/29 (C)(D)   1,195,000    1,197,341 
Honda Auto Receivables Owner Trust, Ser 2025-2, Cl A2B          
4.820%, SOFR30A + 0.480%, 01/18/28 (C)   160,000    160,287 
Hyundai Auto Lease Securitization Trust, Ser 2023-B, Cl A4          
5.170%, 04/15/27 (D)   267,042    267,091 
Hyundai Auto Lease Securitization Trust, Ser 2024-A, Cl A2B          
4.840%, SOFR30A + 0.500%, 06/15/26 (C)(D)   68,158    68,179 
Hyundai Auto Lease Securitization Trust, Ser 2024-B, Cl A2B          
4.790%, SOFR30A + 0.450%, 10/15/26 (C)(D)   365,663    365,749 
Hyundai Auto Receivables Trust, Ser 2023-C, Cl A2B          
4.970%, SOFR30A + 0.630%, 01/15/27 (C)   13,239    13,242 
Hyundai Auto Receivables Trust, Ser 2024-B, Cl A2A          
5.150%, 06/15/27   114,200    114,398 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Hyundai Auto Receivables Trust, Ser 2024-C, Cl A2B          
4.740%, SOFR30A + 0.400%, 09/15/27 (C)  $229,757   $229,867 
Hyundai Auto Receivables Trust, Ser 2025-A, Cl A2B          
4.680%, SOFR30A + 0.340%, 12/15/27 (C)   1,105,000    1,105,276 
Hyundai Auto Receivables Trust, Ser 2025-B, Cl A2B          
4.720%, SOFR30A + 0.380%, 08/15/28 (C)   215,000    215,156 
M&T Bank Auto Receivables Trust, Ser 2025-1A, Cl A1          
4.514%, 02/17/26 (D)   7,628    7,627 
Mercedes-Benz Auto Lease Trust, Ser 2024-A, Cl A2B          
4.760%, SOFR30A + 0.420%, 02/16/27 (C)   46,937    46,945 
Mercedes-Benz Auto Lease Trust, Ser 2025-A, Cl A2B          
4.860%, SOFR30A + 0.520%, 04/17/28 (C)   140,000    140,274 
Nissan Auto Lease Trust, Ser 2024-A, Cl A2A          
5.110%, 10/15/26   96,648    96,717 
Nissan Auto Lease Trust, Ser 2024-B, Cl A2A          
5.050%, 06/15/27   180,791    181,351 
Nissan Auto Lease Trust, Ser 2024-B, Cl A2B          
4.750%, SOFR30A + 0.410%, 06/15/27 (C)   723,163    723,564 
Nissan Auto Receivables Owner Trust, Ser 2022-A, Cl A3          
1.860%, 08/17/26   26,765    26,693 
Nissan Auto Receivables Owner Trust, Ser 2023-A, Cl A3          
4.910%, 11/15/27   244,481    244,919 
Nissan Auto Receivables Owner Trust, Ser 2025-A, Cl A2B          
4.790%, SOFR30A + 0.450%, 02/15/28 (C)   400,000    400,491 
Porsche Innovative Lease Owner Trust, Ser 2025-1A, Cl A2B          
4.848%, SOFR30A + 0.500%, 12/20/27 (C)(D)   100,000    100,125 
Santander Drive Auto Receivables Trust, Ser 2022-2, Cl B          
3.440%, 09/15/27   5,373    5,369 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Santander Drive Auto Receivables Trust, Ser 2025-1, Cl A2          
4.760%, 08/16/27  $329,306   $329,327 
SBNA Auto Lease Trust, Ser 2023-A, Cl A3          
6.510%, 04/20/27 (D)   213,699    214,593 
SBNA Auto Lease Trust, Ser 2024-A, Cl A3          
5.390%, 11/20/26 (D)   324,758    325,381 
SCCU Auto Receivables Trust, Ser 2025-1A, Cl A1          
4.550%, 07/15/26 (D)   125,000    125,009 
SFS Auto Receivables Securitization Trust, Ser 2024-3A, Cl A2          
4.710%, 05/22/28 (D)   160,535    160,575 
Stellantis Financial Underwritten Enhanced Lease Trust 2025-A, Ser 2025-AA, Cl A1          
4.503%, 04/20/26 (D)   85,028    85,027 
Toyota Auto Receivables Owner Trust, Ser 2023-D, Cl A2A          
5.800%, 11/16/26   28,010    28,033 
Toyota Auto Receivables Owner Trust, Ser 2024-C, Cl A2B          
4.710%, SOFR30A + 0.370%, 05/17/27 (C)   632,838    632,978 
USB Auto Owner Trust, Ser 2025-1A, Cl A1          
4.495%, 06/15/26 (D)   293,150    293,189 
Volkswagen Auto Lease Trust, Ser 2023-A, Cl A3          
5.810%, 10/20/26   174,270    174,862 
Volkswagen Auto Lease Trust, Ser 2024-A, Cl A2B          
4.818%, SOFR30A + 0.470%, 12/21/26 (C)   232,617    232,688 
Volkswagen Auto Loan Enhanced Trust, Ser 2023-2, Cl A2B          
4.978%, SOFR30A + 0.630%, 03/22/27 (C)   465,740    466,000 
Westlake Automobile Receivables Trust, Ser 2025-1A, Cl A1          
4.565%, 01/15/26 (D)   65,852    65,852 
Westlake Automobile Receivables Trust, Ser 2025-2A, Cl A1          
4.642%, 07/15/26 (D)   410,000    410,035 
World Omni Auto Receivables Trust, Ser 2021-D, Cl C          
1.720%, 06/15/28   325,000    322,050 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
World Omni Auto Receivables Trust, Ser 2022-A, Cl A3          
1.660%, 05/17/27  $88,023   $87,644 
World Omni Auto Receivables Trust, Ser 2023-D, Cl A2A          
5.910%, 02/16/27   9,557    9,561 
World Omni Automobile Lease Securitization Trust, Ser 2024-A, Cl A2B          
4.770%, SOFR30A + 0.430%, 02/16/27 (C)   292,621    292,706 
World Omni Automobile Lease Securitization Trust, Ser 2025-A, Cl A2B          
4.730%, SOFR30A + 0.390%, 12/15/27 (C)   1,000,000    1,000,899 
World Omni Select Auto Trust, Ser 2024-A, Cl A2A          
5.370%, 02/15/28   143,894    144,142 
         18,646,889 
Credit Card — 2.4%          
Barclays Dryrock Issuance Trust, Ser 2023-2, Cl A          
5.240%, SOFR30A + 0.900%, 08/15/28 (C)   500,000    500,608 
CARDS II Trust, Ser 2024-1A, Cl A          
5.017%, SOFRRATE + 0.680%, 07/15/29 (C)(D)   280,000    280,212 
Citibank Credit Card Issuance Trust, Ser 2023-A2, Cl A2          
4.978%, SOFRRATE + 0.630%, 12/08/27 (C)   1,172,000    1,172,636 
Evergreen Credit Card Trust, Ser 2024-1A, Cl A          
5.020%, SOFRRATE + 0.680%, 07/15/28 (C)(D)   170,000    170,180 
         2,123,636 
Other Asset-Backed Securities — 6.8% 
522 Funding CLO, Ser 2021-3A, Cl AR          
5.627%, TSFR3M + 1.302%, 10/20/31 (C)(D)   99,757    99,802 
Amur Equipment Finance Receivables XII, Ser 2023-1A, Cl A2          
6.090%, 12/20/29 (D)   385,653    388,891 
Amur Equipment Finance Receivables XV, Ser 2025-1A, Cl A1          
4.613%, 05/20/26 (D)   211,758    211,768 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Apidos CLO XXX, Ser 2024-XXXA, Cl A1AR          
5.409%, TSFR3M + 1.080%, 10/18/31 (C)(D)  $231,336   $231,171 
Auxilior Term Funding, Ser 2023-1A, Cl A2          
6.180%, 12/15/28 (D)   205,461    206,772 
Bain Capital Credit CLO, Ser 2024-2A, Cl A1R          
5.406%, TSFR3M + 1.080%, 07/19/31 (C)(D)   636,328    636,156 
Cbam, Ser 2018-7A, Cl A          
5.687%, TSFR3M + 1.362%, 07/20/31 (C)(D)   137,287    137,385 
CCG Receivables Trust, Ser 2025-1, Cl A1          
4.497%, 03/16/26 (D)   157,235    157,230 
CNH Equipment Trust, Ser 2022-C, Cl A3          
5.150%, 04/17/28   283,894    285,137 
CNH Equipment Trust, Ser 2024-A, Cl A2          
5.190%, 07/15/27   104,529    104,589 
CNH Equipment Trust, Ser 2024-B, Cl A2B          
4.740%, SOFR30A + 0.400%, 10/15/27 (C)   280,599    280,598 
DLLAA, Ser 2025-1A, Cl A1          
4.466%, 01/20/26 (D)   36,722    36,721 
DLLAA, Ser 2025-1A, Cl A2          
4.700%, 10/20/27 (D)   150,000    150,123 
Dryden 30 Senior Loan Fund, Ser 2017-30A, Cl AR          
5.408%, TSFR3M + 1.082%, 11/15/28 (C)(D)   7,303    7,301 
GreatAmerica Leasing Receivables Funding, Ser 2025-1, Cl A1          
4.462%, 03/16/26 (D)   110,883    110,837 
GreenSky Home Improvement Issuer Trust, Ser 2025-2A, Cl A1          
4.646%, 06/25/26 (D)   100,000    99,981 
HPEFS Equipment Trust, Ser 2022-2A, Cl D          
4.940%, 03/20/30 (D)   205,210    205,174 
HPEFS Equipment Trust, Ser 2023-2A, Cl A2          
6.040%, 01/21/31 (D)   364    364 
John Deere Owner Trust, Ser 2022-A, Cl A3          
2.320%, 09/15/26   55,109    54,995 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
John Deere Owner Trust, Ser 2023-A, Cl A3          
5.010%, 11/15/27  $253,571   $254,166 
Kubota Credit Owner Trust, Ser 2025-1A, Cl A1          
4.481%, 02/16/26 (D)   277,905    277,909 
Kubota Credit Owner Trust, Ser 2025-2A, Cl A1          
4.480%, 07/15/26 (D)   432,956    433,039 
MMAF Equipment Finance, Ser 2017-B, Cl A5          
2.720%, 06/15/40 (D)   58,695    58,591 
Octagon Investment Partners XVI, Ser 2018-1A, Cl A1R          
5.604%, TSFR3M + 1.282%, 07/17/30 (C)(D)   139,774    139,833 
PFS Financing, Ser 2024-A, Cl A          
5.190%, SOFR30A + 0.850%, 01/15/28 (C)(D)   350,000    350,413 
PFS Financing, Ser 2025-A, Cl A          
4.990%, SOFR30A + 0.650%, 01/15/29 (C)(D)   285,000    284,866 
SCF Equipment Trust, Ser 2025-1A, Cl A1          
4.522%, 02/20/26 (D)   47,817    47,817 
Verizon Master Trust, Ser 2023-5, Cl A1A          
5.610%, 09/08/28   300,000    300,387 
Volvo Financial Equipment Series, Ser 2025-1A, Cl A1          
4.491%, 03/16/26 (D)   283,895    283,825 
         5,835,841 
Total Asset-Backed Securities          
(Cost $26,601,548)        26,606,366 
           
CORPORATE OBLIGATIONS — 19.0% 
           
CONSUMER DISCRETIONARY — 1.7% 
American Honda Finance MTN          
5.081%, SOFRINDX + 0.720%, 10/05/26(C)  $472,000   $472,886 
Hyundai Capital America          
4.875%, 06/23/27(D)   275,000    275,882 
Toyota Motor Credit          
5.110%, SOFRRATE + 0.770%, 08/07/26(C)   550,000    552,585 
4.810%, SOFRINDX + 0.450%, 04/10/26(C)   200,000    200,198 
         1,501,551 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — 14.9% 
American Express          
5.714%, SOFRINDX + 1.350%, 10/30/26(C)  $550,000   $552,060 
5.103%, SOFRRATE + 0.760%, 02/13/26(C)   550,000    551,035 
Athene Global Funding          
5.684%, 02/23/26(D)   425,000    427,515 
5.381%, SOFRINDX + 1.030%, 08/27/26(C)(D)   350,000    351,953 
Australia & New Zealand Banking Group          
5.213%, SOFRRATE + 0.810%, 01/18/27(C)(D)   900,000    905,908 
Bank of America MTN          
3.875%, 08/01/25   550,000    550,000 
3.500%, 04/19/26   525,000    521,409 
Banque Federative du Credit Mutuel          
4.935%, 01/26/26(D)   450,000    450,744 
Citibank          
5.438%, 04/30/26   550,000    553,630 
5.170%, SOFRRATE + 0.805%, 09/29/25(C)   315,000    315,161 
Commonwealth Bank of Australia NY          
4.640%, SOFRRATE + 0.250%, 03/26/26(C)   575,000    574,934 
Cooperatieve Rabobank UA          
4.850%, 01/09/26   525,000    525,642 
4.640%, SOFRRATE + 0.320%, 02/04/26(C)   425,000    425,303 
Corebridge Global Funding          
0.900%, 09/22/25(D)   575,000    571,831 
JPMorgan Chase          
3.300%, 04/01/26   625,000    620,536 
JPMorgan Chase Bank          
5.354%, SOFRRATE + 1.000%, 12/08/26(C)   525,000    528,917 
Metropolitan Life Global Funding I MTN          
4.050%, 08/25/25(D)   550,000    549,783 
National Australia Bank          
4.966%, 01/12/26   550,000    551,241 
Nationwide Building Society          
1.000%, 08/28/25(D)   300,000    299,173 
New York Life Global Funding MTN          
3.600%, 08/05/25(D)   600,000    599,924 
Nordea Bank Abp          
4.750%, 09/22/25(D)   550,000    550,034 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — continued 
Pacific Life Global Funding II MTN          
1.375%, 04/14/26(D)  $400,000   $391,328 
Royal Bank of Canada MTN          
1.200%, 04/27/26   550,000    537,103 
Svenska Handelsbanken NY          
4.520%, SOFRRATE + 0.180%, 08/11/25(C)   725,000    725,021 
Wells Fargo          
3.000%, 04/22/26   250,000    247,430 
         12,877,615 
INDUSTRIALS — 1.5% 
Air Lease MTN          
2.875%, 01/15/26   350,000    346,958 
Caterpillar Financial Services          
4.500%, 01/07/27   225,000    225,930 
John Deere Capital          
4.500%, 01/08/27   225,000    225,956 
Protective Life Global Funding          
1.618%, 04/15/26(D)   482,000    472,379 
         1,271,223 
MATERIALS — 0.3%          
Glencore Funding          
5.115%, SOFRINDX + 0.750%, 10/01/26(C)(D)   250,000    250,261 
           
UTILITIES — 0.6%          
Georgia Power          
4.638%, SOFRINDX + 0.280%, 09/15/26(C)   550,000    549,944 
           
Total Corporate Obligations          
(Cost $16,452,034)        16,450,594 
           
REPURCHASE AGREEMENTS — 8.9% 
           
Citi Treasury          
4.360%, dated 07/31/25, to be repurchased on 08/01/25, repurchase price $2,500,303 (collateralized by various U.S. Treasury Obligations, par values $100 - $2,650,900, 0.500% - 1.625%, 08/31/2026 - 04/30/2027; with total market value $2,550,096)  $2,500,000   $2,500,000 

REPURCHASE AGREEMENTS — continued

   Face Amount   Value 
Gold Triparty Mortgage          
4.370%, dated 07/31/25, to be repurchased on 08/01/25, repurchase price $2,600,316 (collateralized by various U.S. Treasury Obligations, par values $648,045 - $20,788,650, 4.500% - 6.500%, 04/15/2033 - 06/20/2055; with total market value $2,652,000)  $2,600,000   $2,600,000 
Socgen Triparty Treasury          
4.360%, dated 07/31/25, to be repurchased on 08/01/25, repurchase price $2,600,315 (collateralized by a U.S. Treasury Obligation, par value $2,647,600, 4.750%, 02/15/2045; with total market value $2,652,079)   2,600,000    2,600,000 
           
Total Repurchase Agreements          
(Cost $7,700,000)        7,700,000 
           
U.S. GOVERNMENT AGENCY OBLIGATION — 4.1% 
           
FHLB DN          
0.000%, 08/28/17(B)  $3,575,000   $3,563,210 
           
Total U.S. Government Agency Obligation          
(Cost $3,515,182)        3,563,210 
           
COMMERCIAL PAPER — 2.1% 
           
ANZ Group Holdings Ltd          
0.000%, 08/27/25(B)  $550,000   $550,020 
BOFA Securities Inc          
0.000%, 12/19/25(B)   925,000    924,999 
Swedbank AB          
0.000%, 08/04/25(B)   400,000    400,004 
           
Total Commercial Paper          
(Cost $1,875,000)        1,875,023 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS ULTRA SHORT BOND FUND

 

July 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITY — 0.1%

   Face Amount   Value 
FNMA, Ser 2014-53, Cl VB          
3.500%, 01/25/35  $80,503   $80,021 
           
Total Mortgage-Backed Security          
(Cost $79,114)        80,021 
Total Investments in Securities— 104.9%      
(Cost $90,854,530)       $90,905,760 

 

Percentages are based on Net Assets of $86,650,547.

 

(A)Interest rate represents the security’s effective yield at the time of purchase.

(B)Zero coupon security.

(C)Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(D)Securities sold within the terms of a private placement memorandum, exempt from registration under section 144A of the Securities Act of 1933, as amended, and maybe sold only to dealers in the program or other “accredited investors”. The total value of these securities at July 31, 2025 was $17,763,048 and represented 20.5% of Net Assets.

 

Cl — Class
CLO — Collateralized Loan Obligation
DN — Discount Note
FHLB — Federal Home Loan Bank
FNMA — Federal National Mortgage Association
MTN — Medium Term Note
Ser — Series
SOFR30A — Secured Overnight Financing Rate 30-day Average
SOFRINDX — Secured Overnight Financing Rate Index
SOFRRATE — Secured Overnight Financing Rate
TSFR3M — Term Secured Overnight Financing Rate 3 Month
USBMMY3M — U.S. Treasury Bill Money Market Yield 3 Month

 

CRI-QH-001-0800


 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — 37.5%

   Face Amount   Value 
COMMUNICATION SERVICES — 1.7% 
Alphabet          
1.100%, 08/15/30  $3,000,000   $2,586,136 
AT&T          
2.750%, 06/01/31   975,000    881,235 
Charter Communications Operating          
6.150%, 11/10/26   1,875,000    1,902,645 
Comcast          
5.100%, 06/01/29   1,150,000    1,179,986 
Take-Two Interactive Software          
5.000%, 03/28/26   725,000    726,501 
4.950%, 03/28/28   600,000    607,803 
T-Mobile USA          
3.750%, 04/15/27   600,000    592,800 
Verizon Communications          
7.750%, 12/01/30   775,000    886,832 
         9,363,938 
CONSUMER DISCRETIONARY — 2.4% 
AutoZone          
5.125%, 06/15/30   965,000    986,100 
Daimler Truck Finance North America          
5.600%, 08/08/25(A)   500,000    500,082 
5.125%, 09/25/27(A)   1,155,000    1,166,573 
5.000%, 01/15/27(A)   325,000    327,278 
DR Horton          
2.600%, 10/15/25   2,575,000    2,563,948 
Element Fleet Management          
5.643%, 03/13/27(A)   980,000    993,467 
General Motors Financial          
5.400%, 05/08/27   1,000,000    1,012,840 
Hyatt Hotels          
5.750%, 01/30/27   750,000    762,270 
5.250%, 06/30/29   1,150,000    1,169,941 
Hyundai Capital America          
5.950%, 09/21/26(A)   750,000    760,253 
5.275%, 06/24/27(A)   400,000    403,405 
5.250%, 01/08/27(A)   750,000    756,335 
O'Reilly Automotive          
5.750%, 11/20/26   850,000    862,380 
Toyota Motor Credit MTN          
3.375%, 04/01/30   185,000    176,715 
Trustees of Dartmouth College          
4.273%, 06/01/30   430,000    429,209 
         12,870,796 
CONSUMER STAPLES — 0.6%          
Coca-Cola Consolidated          
5.250%, 06/01/29   290,000    297,407 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
CONSUMER STAPLES — continued 
Keurig Dr Pepper          
5.100%, 03/15/27  $480,000   $484,569 
4.600%, 05/15/30   1,200,000    1,199,652 
Mars          
4.600%, 03/01/28(A)   1,200,000    1,206,354 
         3,187,982 
ENERGY — 2.0%          
Columbia Pipelines Holding          
6.055%, 08/15/26(A)   290,000    293,072 
Enbridge          
5.900%, 11/15/26   720,000    730,947 
Energy Transfer          
6.050%, 12/01/26   925,000    940,942 
Hess          
4.300%, 04/01/27   1,750,000    1,749,122 
MidAmerican Energy          
3.650%, 04/15/29   2,000,000    1,955,208 
ONEOK          
5.550%, 11/01/26   1,325,000    1,338,782 
Plains All American Pipeline          
4.650%, 10/15/25   2,250,000    2,249,279 
Var Energi          
5.875%, 05/22/30(A)   1,840,000    1,894,300 
Williams          
5.400%, 03/02/26   300,000    301,372 
         11,453,024 
FINANCIALS — 21.9%          
ABN AMRO Bank          
6.339%, H15T1Y + 1.650%, 09/18/27(A)(B)   1,200,000    1,221,716 
African Development Bank          
4.125%, 02/25/27   1,000,000    1,000,313 
3.500%, 09/18/29   500,000    490,367 
American Express          
5.645%, SOFRINDX + 0.750%, 04/23/27(B)   700,000    705,118 
5.389%, SOFRRATE + 0.970%, 07/28/27(B)   550,000    554,351 
5.098%, SOFRRATE + 1.000%, 02/16/28(B)   650,000    655,894 
Arab Energy Fund          
1.483%, 10/06/26   930,000    898,008 
Arab Petroleum Investments          
5.428%, 05/02/29(A)   1,500,000    1,545,270 
Ares Capital          
7.000%, 01/15/27   900,000    926,374 
Asian Infrastructure Investment Bank MTN          
4.968%, SOFRINDX + 0.620%, 08/16/27(B)   2,000,000    2,013,952 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — continued 
Athene Global Funding          
5.583%, 01/09/29(A)  $875,000   $899,136 
5.339%, 01/15/27(A)   1,000,000    1,008,885 
Aviation Capital Group          
4.800%, 10/24/30(A)   1,225,000    1,212,478 
Bank of America MTN          
5.933%, SOFRRATE + 1.340%, 09/15/27(B)   1,500,000    1,522,492 
5.819%, SOFRRATE + 1.570%, 09/15/29(B)   1,450,000    1,505,794 
5.162%, SOFRRATE + 1.000%, 01/24/31(B)   775,000    792,861 
3.705%, TSFR3M + 1.774%, 04/24/28(B)   1,000,000    986,401 
Bank of New York Mellon          
4.947%, SOFRRATE + 1.026%, 04/26/27(B)   470,000    471,410 
Barclays          
6.496%, SOFRRATE + 1.880%, 09/13/27(B)   500,000    509,788 
5.829%, SOFRRATE + 2.210%, 05/09/27(B)   550,000    554,415 
BB Blue Financing DAC          
4.395%, 09/20/29   2,500,000    2,500,886 
BNP Paribas          
2.591%, SOFRRATE + 1.228%, 01/20/28(A)(B)   625,000    606,737 
1.675%, SOFRRATE + 0.912%, 06/30/27(A)(B)   1,000,000    973,174 
BPCE          
6.612%, SOFRRATE + 1.980%, 10/19/27(A)(B)   1,125,000    1,148,944 
5.203%, 01/18/27(A)   1,150,000    1,161,326 
CaixaBank          
6.684%, SOFRRATE + 2.080%, 09/13/27(A)(B)   750,000    765,416 
Canadian Imperial Bank of Commerce          
5.237%, 06/28/27   845,000    857,536 
CDP Financial MTN          
1.000%, 05/26/26(A)   1,000,000    973,449 
Central American Bank for Economic Integration          
5.000%, 02/09/26(A)   500,000    500,724 
Citibank          
4.876%, SOFRRATE + 0.712%, 11/19/27(B)   1,500,000    1,505,971 
Citizens Bank          
4.575%, SOFRRATE + 2.000%, 08/09/28(B)   600,000    599,278 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — continued          
Clearinghouse Community Development Financial Institution          
7.000%, 10/15/30(A)  $1,000,000   $1,010,324 
ContourGlobal Power Holdings          
6.750%, 02/28/30(A)   250,000    256,250 
Cooperatieve Rabobank UA          
1.106%, H15T1Y + 0.550%, 02/24/27(A)(B)   250,000    245,032 
Corebridge Global Funding          
5.200%, 01/12/29(A)   380,000    386,868 
4.900%, 12/03/29(A)   925,000    934,004 
Credit Agricole          
5.230%, SOFRRATE + 1.130%, 01/09/29(A)(B)   1,250,000    1,266,195 
Danske Bank          
5.427%, H15T1Y + 0.950%, 03/01/28(A)(B)   1,350,000    1,368,331 
Equitable Financial Life Global Funding          
1.800%, 03/08/28(A)   1,350,000    1,259,468 
1.300%, 07/12/26(A)   500,000    485,596 
European Investment Bank          
2.375%, 05/24/27   2,500,000    2,428,476 
2.125%, 04/13/26   1,447,000    1,425,385 
Fiserv          
4.200%, 10/01/28   415,000    410,757 
Goldman Sachs Bank USA NY          
5.414%, SOFRRATE + 0.750%, 05/21/27(B)   1,150,000    1,156,673 
Goldman Sachs Group          
4.387%, SOFRRATE + 1.510%, 06/15/27(B)   500,000    498,712 
4.223%, TSFR3M + 1.563%, 05/01/29(B)   1,000,000    992,676 
3.850%, 01/26/27   1,175,000    1,164,890 
2.640%, SOFRRATE + 1.114%, 02/24/28(B)   625,000    606,578 
Hanwha Futureproof          
4.750%, 04/30/28(A)   500,000    503,540 
HAT Holdings I          
8.000%, 06/15/27(A)   285,000    295,196 
HPS Corporate Lending Fund          
5.300%, 06/05/27(A)   885,000    884,953 
HSBC Holdings          
7.336%, SOFRRATE + 3.030%, 11/03/26(B)   1,000,000    1,006,459 
5.887%, SOFRRATE + 1.570%, 08/14/27(B)   1,410,000    1,427,334 
ING Groep          
6.083%, SOFRRATE + 1.560%, 09/11/27(B)   735,000    746,206 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — continued 
Inter-American Investment          
4.125%, 02/15/28  $500,000   $500,964 
Intercontinental Exchange          
3.625%, 09/01/28   1,300,000    1,271,172 
International Bank for Reconstruction & Development MTN          
0.510%, 03/31/28(B)   1,000,000    979,710 
0.000%, 03/31/27(C)   2,500,000    2,374,905 
International Development Association          
4.375%, 11/27/29(A)   425,000    430,499 
0.875%, 04/28/26(A)   1,000,000    975,023 
International Finance Facility for Immunisation          
4.750%, 11/03/25   1,500,000    1,499,620 
4.125%, 10/29/27   1,000,000    1,001,101 
1.000%, 04/21/26   1,000,000    976,354 
Jackson National Life Global Funding          
5.550%, 07/02/27(A)   595,000    605,289 
JPMorgan Chase          
6.087%, SOFRRATE + 1.570%, 10/23/29(B)   1,000,000    1,047,290 
6.070%, SOFRRATE + 1.330%, 10/22/27(B)   5,000,000    5,090,217 
5.571%, SOFRRATE + 0.930%, 04/22/28(B)   1,150,000    1,170,236 
4.979%, SOFRRATE + 0.930%, 07/22/28(B)   980,000    989,211 
3.702%, TSFR3M + 1.422%, 05/06/30(B)   825,000    802,261 
1.045%, SOFRRATE + 0.800%, 11/19/26(B)   1,500,000    1,483,526 
JPMorgan Chase Bank          
5.110%, 12/08/26   1,150,000    1,160,694 
KBC Group          
5.796%, H15T1Y + 2.100%, 01/19/29(A)(B)   295,000    303,479 
Kreditanstalt fuer Wiederaufbau          
1.000%, 10/01/26   250,000    241,098 
Lloyds Banking Group          
5.985%, H15T1Y + 1.480%, 08/07/27(B)   750,000    759,528 
5.087%, H15T1Y + 0.850%, 11/26/28(B)   1,200,000    1,212,829 
Lseg US Finance          
4.875%, 03/28/27(A)   1,000,000    1,006,207 
M&T Bank          
7.413%, SOFRRATE + 2.800%, 10/30/29(B)   1,400,000    1,514,721 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — continued 
4.833%, SOFRRATE + 0.930%, 01/16/29(B)  $1,000,000   $1,005,193 
Manufacturers & Traders Trust          
4.650%, 01/27/26   1,650,000    1,649,809 
Morgan Stanley MTN          
5.652%, SOFRRATE + 1.010%, 04/13/28(B)   1,150,000    1,171,213 
5.449%, SOFRRATE + 1.630%, 07/20/29(B)   205,000    210,371 
5.000%, 11/24/25   3,425,000    3,426,944 
Morgan Stanley Bank          
4.952%, SOFRRATE + 1.080%, 01/14/28(B)   1,150,000    1,156,500 
Nationwide Building Society          
6.557%, SOFRRATE + 1.910%, 10/18/27(A)(B)   1,125,000    1,149,130 
NatWest Group          
5.847%, H15T1Y + 1.350%, 03/02/27(B)   435,000    437,844 
Nordea Bank Abp          
5.375%, 09/22/27(A)   600,000    610,817 
NTT Finance          
5.104%, 07/02/27(A)   1,150,000    1,161,940 
OPEC Fund for International Development          
4.500%, 01/26/26(A)   1,200,000    1,199,005 
Pacific Life Global Funding II          
4.450%, 05/01/28(A)   1,200,000    1,206,387 
PNC Bank          
4.050%, 07/26/28   1,375,000    1,359,917 
PNC Financial Services Group          
6.615%, SOFRINDX + 1.730%, 10/20/27(B)   750,000    767,650 
Principal Life Global Funding II          
4.950%, 11/27/29(A)   1,175,000    1,189,387 
RGA Global Funding          
5.448%, 05/24/29(A)   590,000    606,253 
Rocket Mortgage          
2.875%, 10/15/26(A)   1,330,000    1,295,389 
Royal Bank of Canada          
4.696%, SOFRRATE + 1.060%, 08/06/31(B)   1,275,000    1,276,082 
Santander Holdings USA          
5.807%, SOFRRATE + 2.328%, 09/09/26(B)   1,000,000    1,000,772 
SBA Tower Trust          
4.831%, 10/15/29‡(A)   1,955,000    1,943,541 
Skandinaviska Enskilda Banken          
5.125%, 03/05/27(A)   950,000    961,561 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
FINANCIALS — continued 
Standard Chartered          
6.170%, H15T1Y + 2.050%, 01/09/27(A)(B)  $700,000   $704,070 
Swedbank          
5.083%, 05/21/30(A)   1,455,000    1,479,454 
Truist Financial MTN          
4.123%, SOFRRATE + 1.368%, 06/06/28(B)   1,000,000    994,806 
UBS          
4.864%, SOFRRATE + 0.720%, 01/10/28(B)   1,175,000    1,182,247 
Wells Fargo MTN          
6.303%, SOFRRATE + 1.790%, 10/23/29(B)   1,450,000    1,525,421 
5.707%, SOFRRATE + 1.070%, 04/22/28(B)   1,150,000    1,172,246 
5.244%, SOFRRATE + 1.110%, 01/24/31(B)   775,000    793,267 
4.540%, SOFRRATE + 1.560%, 08/15/26(B)   2,950,000    2,949,138 
Westpac New Zealand          
5.132%, 02/26/27(A)   1,000,000    1,010,755 
WLB Asset II D Pte          
6.500%, 12/21/26(A)   1,000,000    954,869 
WLB Asset VI Pte          
7.250%, 12/21/27(A)   1,000,000    1,036,886 
WLB Asset VII Pte          
5.880%, 07/30/29(A)   500,000    499,488 
         118,312,653 
HEALTH CARE — 1.3% 
CommonSpirit Health          
1.547%, 10/01/25   1,000,000    994,371 
CVS Pass-Through Trust          
6.036%, 12/10/28   1,522,115    1,537,015 
Elevance Health          
5.150%, 06/15/29   220,000    224,482 
Icon Investments Six DAC          
5.809%, 05/08/27   265,000    269,350 
Royalty Pharma          
1.750%, 09/02/27   1,275,000    1,206,314 
Smith & Nephew          
5.150%, 03/20/27   515,000    520,163 
Solventum          
5.450%, 02/25/27   1,150,000    1,167,632 
Stryker          
4.700%, 02/10/28   1,200,000    1,210,711 
         7,130,038 
INDUSTRIALS — 1.2%          
AerCap Ireland Capital DAC          
6.100%, 01/15/27   1,000,000    1,018,868 
4.875%, 04/01/28   925,000    931,591 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
INDUSTRIALS — continued          
HEICO          
5.250%, 08/01/28  $270,000   $275,094 
Norfolk Southern          
2.300%, 05/15/31   1,000,000    884,948 
PACCAR Financial          
4.550%, 05/08/30   1,345,000    1,356,744 
Penske Truck Leasing Lp          
5.350%, 01/12/27(A)   485,000    488,974 
Waste Management          
4.950%, 07/03/27   1,150,000    1,165,619 
         6,121,838 
INFORMATION TECHNOLOGY — 1.1% 
Broadcom          
5.050%, 04/15/30   1,175,000    1,201,262 
Cadence Design Systems          
4.300%, 09/10/29   760,000    757,428 
Flex          
6.000%, 01/15/28   550,000    565,460 
Foundry JV Holdco          
5.500%, 01/25/31(A)   1,175,000    1,198,927 
Open Text          
6.900%, 12/01/27(A)   1,295,000    1,337,110 
Oracle          
2.300%, 03/25/28   650,000    615,424 
Sprint Capital          
6.875%, 11/15/28   550,000    587,818 
         6,263,429 
MATERIALS — 0.1%          
Celanese US Holdings          
6.665%, 07/15/27   748,000    766,618 
           
REAL ESTATE — 1.2%          
COPT Defense Properties          
2.250%, 03/15/26‡   550,000    540,391 
Cousins Properties          
5.250%, 07/15/30‡   1,200,000    1,218,950 
ERP Operating          
4.150%, 12/01/28‡   1,000,000    993,422 
Extra Space Storage          
5.700%, 04/01/28‡   1,225,000    1,258,798 
Host Hotels & Resorts          
2.900%, 12/15/31‡   500,000    436,788 
Realty Income          
4.700%, 12/15/28‡   1,250,000    1,259,591 
Welltower OP          
2.050%, 01/15/29‡   1,200,000    1,110,144 
         6,818,084 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued

   Face Amount   Value 
UTILITIES — 4.0%          
AEP Texas          
3.950%, 06/01/28  $1,200,000   $1,181,164 
Alliant Energy Finance          
5.400%, 06/06/27(A)   910,000    917,602 
Consumers 2023 Securitization Funding          
5.550%, 03/01/28   1,057,702    1,064,872 
Continental Wind          
6.000%, 02/28/33(A)   888,416    901,869 
Electricite de France          
3.625%, 10/13/25(A)   500,000    498,649 
Emera US Finance          
3.550%, 06/15/26   1,025,000    1,014,090 
FirstEnergy Pennsylvania Electric          
5.150%, 03/30/26(A)   500,000    501,088 
Georgia Power          
4.850%, 03/15/31   1,200,000    1,220,352 
4.650%, 05/16/28   1,175,000    1,184,845 
ITC Holdings          
4.950%, 09/22/27(A)   1,200,000    1,207,597 
Korea Electric Power          
4.875%, 01/31/27(A)   250,000    251,232 
New York State Electric & Gas          
2.150%, 10/01/31(A)   500,000    426,553 
NextEra Energy Operating Partners          
7.250%, 01/15/29(A)   1,016,000    1,036,121 
Oncor Electric Delivery          
0.550%, 10/01/25   2,649,000    2,633,139 
PG&E Recovery Funding          
4.838%, 06/01/33   3,601,179    3,609,107 
San Diego Gas & Electric          
4.950%, 08/15/28   1,000,000    1,018,024 
Southern Power          
0.900%, 01/15/26   1,000,000    983,010 
Texas Electric Market Stabilization Funding N          
4.265%, 08/01/34(A)   2,040,480    2,014,090 
         21,663,404 
Total Corporate Obligations          
(Cost $202,501,940)        203,951,804 
           
U.S. TREASURY OBLIGATIONS — 27.1% 
           
U.S. Treasury Notes          
4.625%, 04/30/29  $15,150,000   $15,518,098 
4.250%, 01/15/28   13,880,000    13,984,100 
4.000%, 02/15/26   7,225,000    7,213,175 
3.875%, 07/15/28   14,900,000    14,891,851 

U.S. TREASURY OBLIGATIONS — continued

   Face Amount   Value 
3.750%, 06/30/27  $125,000   $124,512 
3.125%, 08/31/27   28,700,000    28,236,988 
1.875%, 06/30/26   33,310,000    32,617,256 
1.875%, 07/31/26   7,200,000    7,038,375 
1.250%, 06/30/28   13,010,000    12,071,349 
0.625%, 12/31/27   9,300,000    8,601,410 
0.500%, 06/30/27   7,200,000    6,745,781 
           
Total U.S. Treasury Obligations          
(Cost $146,962,423)        147,042,895 
           
ASSET-BACKED SECURITIES — 18.1%      
           
Automotive — 11.2%          
Americredit Automobile Receivables Trust, Ser 2023-1, Cl A3          
5.620%, 11/18/27  $663,308   $665,394 
ARI Fleet Lease Trust, Ser 2023-B, Cl A2          
6.050%, 07/15/32 (A)   168,307    169,539 
ARI Fleet Lease Trust, Ser 2025-B, Cl A3          
4.600%, 03/15/34 (A)   260,000    261,096 
Bank of America Auto Trust, Ser 2023-1A, Cl A3          
5.530%, 02/15/28 (A)   567,680    570,966 
Bank of America Auto Trust, Ser 2023-2A, Cl A3          
5.740%, 06/15/28 (A)   960,746    968,730 
BMW Vehicle Lease Trust, Ser 2023-2, Cl A3          
5.990%, 09/25/26   280,830    281,579 
BMW Vehicle Owner Trust, Ser 2023-A, Cl A3          
5.470%, 02/25/28   319,225    321,053 
BofA Auto Trust, Ser 2025-1A, Cl A4          
4.470%, 11/20/31 (A)   450,000    450,823 
Bridgecrest Lending Auto Securitization Trust, Ser 2024-1, Cl A3          
5.530%, 01/18/28   171,530    171,750 
Carmax Auto Owner Trust, Ser 2022-3, Cl B          
4.690%, 02/15/28   800,000    799,735 
CarMax Auto Owner Trust, Ser 2023-1, Cl A3          
4.750%, 10/15/27   250,797    251,012 
Carmax Auto Owner Trust, Ser 2023-3, Cl A3          
5.280%, 05/15/28   673,607    677,182 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
CarMax Auto Owner Trust, Ser 2024-4, Cl A2A          
4.670%, 12/15/27  $797,964   $798,299 
Carmax Auto Owner Trust, Ser 2025-3, Cl A3          
4.350%, 07/15/30   501,000    501,765 
Carvana Auto Receivables Trust, Ser 2021-N3, Cl B          
0.660%, 06/12/28   68,844    66,281 
Carvana Auto Receivables Trust, Ser 2024-P1, Cl A3          
5.050%, 04/10/29 (A)   1,912,000    1,918,377 
Chesapeake Funding II, Ser 2023-1A, Cl A1          
5.650%, 05/15/35 (A)   413,133    415,277 
Citizens Auto Receivables Trust, Ser 2023-2, Cl A3          
5.830%, 02/15/28 (A)   926,561    933,155 
Citizens Auto Receivables Trust, Ser 2024-1, Cl A3          
5.110%, 04/17/28 (A)   500,000    501,988 
Enterprise Fleet Financing, Ser 2022-3, Cl A2          
4.380%, 07/20/29 (A)   41,135    41,085 
Enterprise Fleet Financing, Ser 2023-1, Cl A2          
5.510%, 01/22/29 (A)   150,611    151,011 
Enterprise Fleet Financing, Ser 2023-2, Cl A2          
5.560%, 04/22/30 (A)   864,154    868,681 
Enterprise Fleet Financing, Ser 2023-3, Cl A2          
6.400%, 03/20/30 (A)   1,624,891    1,647,043 
Enterprise Fleet Financing, Ser 2024-1, Cl A3          
5.160%, 09/20/30 (A)   355,000    360,230 
Enterprise Fleet Financing, Ser 2025-2, Cl A3          
4.410%, 06/20/29 (A)   375,000    375,023 
Flagship Credit Auto Trust, Ser 2023-2, Cl A3          
5.220%, 12/15/27 (A)   420,157    420,438 
Flagship Credit Auto Trust, Ser 2023-3, Cl A3          
5.440%, 04/17/28 (A)   761,000    763,061 
Ford Credit Auto Lease Trust, Ser 2025-B, Cl A3          
4.230%, 12/15/28   1,700,000    1,696,481 
Ford Credit Auto Owner Trust, Ser 2021-REV1, Cl A          
1.370%, 10/17/33 (A)   245,000    239,532 
Ford Credit Auto Owner Trust, Ser 2024-C, Cl A3          
4.070%, 07/15/29   550,000    547,693 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Ford Credit Auto Owner Trust, Ser 2024-D, Cl A3          
4.610%, 08/15/29  $565,000   $568,278 
Ford Credit Floorplan Master Owner Trust A, Ser 2024-1, Cl A1          
5.290%, 04/15/29 (A)   1,200,000    1,216,591 
Ford Credit Floorplan Master Owner Trust, Ser 2023-1, Cl A1          
4.920%, 05/15/28 (A)   730,000    732,215 
Foursight Capital Automobile Receivables Trust, Ser 2023-1, Cl A3          
5.390%, 12/15/27 (A)   139,998    140,030 
Foursight Capital Automobile Receivables Trust, Ser 2023-2, Cl A2          
5.990%, 05/15/28 (A)   141,670    142,284 
GLS Auto Select Receivables Trust, Ser 2023-2A, Cl A2          
6.370%, 06/15/28 (A)   273,736    275,543 
GM Financial Automobile Leasing Trust, Ser 2023-2, Cl A3          
5.050%, 07/20/26   25,396    25,399 
GM Financial Consumer Automobile Receivables Trust, Ser 2023-2, Cl A3          
4.470%, 02/16/28   310,752    311,125 
GM Financial Consumer Automobile Receivables Trust, Ser 2023-3, Cl A3          
5.450%, 06/16/28   1,551,582    1,560,713 
GM Financial Consumer Automobile Receivables Trust, Ser 2023-4, Cl A4          
5.710%, 02/16/29   500,000    510,584 
GM Financial Consumer Automobile Receivables Trust, Ser 2024-1, Cl A3          
4.850%, 12/18/28   525,000    526,886 
GM Financial Consumer Automobile Receivables Trust, Ser 2025-2, Cl B          
4.620%, 05/16/31   405,000    404,974 
GM Financial Consumer Automobile Receivables Trust, Ser 2025-3, Cl A3          
4.180%, 08/16/30   2,000,000    1,997,055 
GMF Floorplan Owner Revolving Trust, Ser 2024-1A, Cl A1          
5.130%, 03/15/29 (A)   2,275,000    2,296,765 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Honda Auto Receivables Owner Trust, Ser 2023-2, Cl A3          
4.930%, 11/15/27  $1,023,241   $1,025,863 
Honda Auto Receivables Owner Trust, Ser 2023-4, Cl A3          
5.670%, 06/21/28   1,950,000    1,967,549 
Honda Auto Receivables Owner Trust, Ser 2024-1, Cl A4          
5.170%, 05/15/30   880,000    891,123 
Honda Auto Receivables Owner Trust, Ser 2025-2, Cl A3          
4.150%, 10/15/29   460,000    459,206 
Hyundai Auto Lease Securitization Trust, Ser 2023-B, Cl A4          
5.170%, 04/15/27 (A)   862,220    862,383 
Hyundai Auto Lease Securitization Trust, Ser 2023-C, Cl A3          
5.800%, 12/15/26 (A)   944,691    947,144 
Hyundai Auto Lease Securitization Trust, Ser 2025-C, Cl A3          
4.360%, 07/17/28 (A)   1,450,000    1,451,402 
Hyundai Auto Receivables Trust, Ser 2023-A, Cl A3          
4.580%, 04/15/27   161,932    161,947 
Hyundai Auto Receivables Trust, Ser 2023-B, Cl A3          
5.480%, 04/17/28   1,492,052    1,501,149 
Lendbuzz Securitization Trust, Ser 2023-3A, Cl A2          
7.500%, 12/15/28 (A)   475,616    485,038 
M&T Bank Auto Receivables Trust, Ser 2024-1A, Cl A3          
5.220%, 02/17/32 (A)   1,110,000    1,120,014 
Mercedes-Benz Auto Lease Trust, Ser 2023-A, Cl A3          
4.740%, 01/15/27   869,943    869,839 
Mercedes-Benz Auto Lease Trust, Ser 2024-A, Cl A3          
5.320%, 01/18/28   2,000,000    2,019,546 
Mercedes-Benz Auto Receivables Trust, Ser 2023-1, Cl A3          
4.510%, 11/15/27   400,903    400,942 
Nissan Auto Receivables Owner Trust, Ser 2025-A, Cl A3          
4.490%, 12/17/29   1,410,000    1,417,819 
Porsche Financial Auto Securitization Trust, Ser 2023-2A, Cl A3          
5.790%, 01/22/29 (A)   257,908    259,738 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Santander Drive Auto Receivables Trust, Ser 2022-2, Cl C          
3.760%, 07/16/29  $980,000   $973,793 
Santander Drive Auto Receivables Trust, Ser 2023-3, Cl A3          
5.610%, 10/15/27   59,221    59,251 
Santander Drive Auto Receivables Trust, Ser 2024-1, Cl A3          
5.250%, 04/17/28   182,163    182,425 
SBNA Auto Lease Trust, Ser 2024-A, Cl A3          
5.390%, 11/20/26 (A)   571,575    572,670 
SFS Auto Receivables Securitization Trust, Ser 2023-1A, Cl A3          
5.470%, 10/20/28 (A)   891,565    896,371 
SFS Auto Receivables Securitization Trust, Ser 2024-1A, Cl A3          
4.950%, 05/21/29 (A)   340,000    341,143 
Tesla Auto Lease Trust, Ser 2023-A, Cl A3          
5.890%, 06/22/26 (A)   103,579    103,643 
Tesla Auto Lease Trust, Ser 2023-A, Cl A4          
5.940%, 07/20/27 (A)   2,500,000    2,502,542 
Tesla Auto Lease Trust, Ser 2023-B, Cl A3          
6.130%, 09/21/26 (A)   151,316    151,668 
Tesla Auto Lease Trust, Ser 2024-A, Cl A3          
5.300%, 06/21/27 (A)   1,170,000    1,172,599 
Tesla Auto Lease Trust, Ser 2024-B, Cl A2A          
4.790%, 01/20/27 (A)   306,332    306,336 
Tesla Auto Lease Trust, Ser 2024-B, Cl A3          
4.820%, 10/20/27 (A)   500,000    500,700 
Tesla Electric Vehicle Trust, Ser 2023-1, Cl A2A          
5.540%, 12/21/26 (A)   289,513    289,793 
Tesla Electric Vehicle Trust, Ser 2023-1, Cl A3          
5.380%, 06/20/28 (A)   310,000    311,964 
Toyota Auto Receivables Owner Trust, Ser 2025-C, Cl A3          
4.110%, 03/15/30   865,000    862,861 
Toyota Lease Owner Trust, Ser 2023-A, Cl A4          
5.050%, 08/20/27 (A)   1,129,435    1,129,577 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Toyota Lease Owner Trust, Ser 2024-B, Cl A4          
4.250%, 01/22/29 (A)  $1,500,000   $1,496,785 
USAA Auto Owner Trust, Ser 2023-A, Cl A3          
5.580%, 05/15/28 (A)   709,401    713,072 
Volkswagen Auto Lease Trust, Ser 2024-A, Cl A3          
5.210%, 06/21/27   320,000    322,296 
Volkswagen Auto Loan Enhanced Trust, Ser 2024-1, Cl A3          
4.630%, 07/20/29   710,000    713,890 
Westlake Automobile Receivables Trust, Ser 2023-P1, Cl A2          
5.890%, 02/16/27 (A)   68,745    68,902 
Wheels Fleet Lease Funding 1, Ser 2023-1A, Cl A          
5.800%, 04/18/38 (A)   775,317    779,540 
Wheels Fleet Lease Funding 1, Ser 2023-2A, Cl A          
6.460%, 08/18/38 (A)   757,539    766,789 
World Omni Auto Receivables Trust, Ser 2025-B, Cl A4          
4.530%, 08/15/31   730,000    734,390 
World Omni Select Auto Trust, Ser 2023-A, Cl A3          
5.650%, 07/17/28   470,870    472,114 
         60,808,537 
Other Asset-Backed Securities — 6.9% 
Affirm Asset Securitization Trust, Ser 2024-A, Cl A          
5.610%, 02/15/29 (A)   550,000    552,048 
Amur Equipment Finance Receivables XI, Ser 2022-2A, Cl A2          
5.300%, 06/21/28 (A)   89,721    89,858 
Amur Equipment Finance Receivables XIII, Ser 2024-1A, Cl A2          
5.380%, 01/21/31 (A)   214,819    216,441 
Amur Equipment Finance Receivables XIII, Ser 2024-1A, Cl B          
5.370%, 01/21/31 (A)   190,000    192,820 
Amur Equipment Finance Receivables XV, Ser 2025-1A, Cl A2          
4.700%, 09/22/31 (A)   1,030,000    1,033,993 
Apidos CLO XXII, Ser 2020-22A, Cl A1R          
5.647%, TSFR3M + 1.060%, 04/20/31 (A)(B)   135,147    135,156 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Auxilior Term Funding, Ser 2023-1A, Cl A2          
6.180%, 12/15/28 (A)  $176,387   $177,509 
Blue Owl Asset Leasing Trust, Ser 2024-1A, Cl A2          
5.050%, 03/15/29 (A)   232,389    232,793 
Buttermilk Park CLO, Ser 2024-1A, Cl A1R          
5.398%, TSFR3M + 1.080%, 10/15/31 (A)(B)   1,297,872    1,297,512 
CCG Receivables Trust, Ser 2023-1, Cl A2          
5.820%, 09/16/30 (A)   246,182    247,264 
Centersquare Issuer, Ser 2025-1A, Cl A2          
5.500%, 03/26/55 (A)   1,050,000    1,025,909 
CIFC Funding, Ser 2024-5A, Cl AR          
5.732%, TSFR3M + 1.410%, 07/17/37 (A)(B)   1,275,000    1,278,991 
Cloud Capital Holdco, Ser 2024-1A, Cl A2          
5.781%, 11/22/49 (A)   1,015,000    1,026,086 
CNH Equipment Trust, Ser 2023-A, Cl A3          
4.810%, 08/15/28   843,300    845,740 
Dell Equipment Finance Trust, Ser 2023-2, Cl A3          
5.650%, 01/22/29 (A)   233,943    234,841 
Dell Equipment Finance Trust, Ser 2023-3, Cl A3          
5.930%, 04/23/29 (A)   505,603    508,189 
Dext ABS, Ser 2023-2, Cl A2          
6.560%, 05/15/34 (A)   390,805    393,645 
DLLAA, Ser 2023-1A, Cl A3          
5.640%, 02/22/28 (A)   475,000    479,687 
DLLAD, Ser 2023-1A, Cl A3          
4.790%, 01/20/28 (A)   563,049    564,128 
DLLMT, Ser 2023-1A, Cl A3          
5.340%, 03/22/27 (A)   1,058,180    1,061,836 
DLLST, Ser 2024-1A, Cl A3          
5.050%, 08/20/27 (A)   265,000    265,706 
Frontier Issuer, Ser 2023-1, Cl A2          
6.600%, 08/20/53 (A)   1,000,000    1,012,475 
Frontier Issuer, Ser 2023-1, Cl C          
11.500%, 08/20/53 (A)   1,000,000    1,046,729 
Frontier Issuer, Ser 2024-1, Cl A2          
6.190%, 06/20/54 (A)   300,000    308,020 
GreatAmerica Leasing Receivables, Ser 2023-1, Cl A2          
5.350%, 02/16/26 (A)   27,252    27,256 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
GreatAmerica Leasing Receivables, Ser 2024-1, Cl A3          
4.980%, 01/18/28 (A)  $585,000   $587,772 
HPEFS Equipment Trust, Ser 2023-2A, Cl A3          
5.990%, 01/21/31 (A)   285,000    285,419 
John Deere Owner Trust, Ser 2023-A, Cl A3          
5.010%, 11/15/27   567,199    568,520 
John Deere Owner Trust, Ser 2025-B, Cl A3          
4.170%, 12/17/29   1,660,000    1,654,637 
Kubota Credit Owner Trust, Ser 2023-2A, Cl A2          
5.610%, 07/15/26 (A)   124,165    124,221 
Kubota Credit Owner Trust, Ser 2024-2A, Cl A3          
5.260%, 11/15/28 (A)   1,950,000    1,976,904 
MMAF Equipment Finance, Ser 2021-A, Cl A5          
1.190%, 11/13/43 (A)   620,000    606,831 
MMAF Equipment Finance, Ser 2023-A, Cl A2          
5.790%, 11/13/26 (A)   243,872    244,353 
Mosaic Solar Loan Trust, Ser 2020-1A, Cl B          
3.100%, 04/20/46 (A)   120,107    104,803 
Neuberger Berman Loan Advisers CLO 38, Ser 2025-38A, Cl AR2          
5.286%, TSFR3M + 0.960%, 10/20/36 (A)(B)   2,000,000    2,000,956 
Octagon Investment Partners 35, Ser 2018-1A, Cl A1A          
5.647%, TSFR3M + 1.060%, 01/20/31 (A)(B)   200,133    200,173 
Octagon Investment Partners 36, Ser 2018-1A, Cl A1          
5.549%, TSFR3M + 0.970%, 04/15/31 (A)(B)   160,004    160,095 
PFS Financing, Ser 2024-B, Cl A          
4.950%, 02/15/29 (A)   2,050,000    2,063,700 
Progress Residential Trust, Ser 2024-SFR3, Cl A          
3.000%, 06/17/41 (A)   952,958    893,379 
Progress Residential Trust, Ser 2025-SFR1, Cl A          
3.400%, 02/17/42 (A)(D)   779,037    735,820 
Retained Vantage Data Centers Issuer, Ser 2024-1A, Cl A2          
4.992%, 09/15/49 (A)   765,000    751,455 
SCF Equipment Trust, Ser 2025-1A, Cl A2          
4.820%, 07/22/30 (A)   125,000    125,012 

ASSET-BACKED SECURITIES — continued

   Face Amount   Value 
Stack Infrastructure Issuer, Ser 2025-1A, Cl A2          
5.000%, 05/25/50 (A)  $1,765,000   $1,738,955 
Sunnova Helios XI Issuer, Ser 2023-A, Cl A          
5.300%, 05/20/50 (A)   883,398    807,131 
Sunnova Helios XII Issuer, Ser 2023-B, Cl A          
5.300%, 08/22/50 (A)   864,191    790,804 
Sunnova Hestia I Issuer, Ser 2023-GRID1, Cl 1A          
5.750%, 12/20/50 (A)   1,424,345    1,426,023 
Switch ABS Issuer, Ser 2025-1A, Cl A2          
5.036%, 03/25/55 (A)   1,000,000    980,251 
Tesla Sustainable Energy Trust, Ser 2024-1A, Cl A2          
5.080%, 06/21/50 (A)   1,388,090    1,389,501 
T-Mobile US Trust, Ser 2024-2A, Cl A          
4.250%, 05/21/29 (A)   1,900,000    1,895,221 
VFI ABS, Ser 2023-1A, Cl A          
7.270%, 03/26/29 (A)   114,626    115,114 
Vivint Solar Financing V, Ser 2018-1A, Cl A          
4.730%, 04/30/48 (A)   411,678    388,340 
Vivint Solar Financing V, Ser 2018-1A, Cl B          
7.370%, 04/30/48 (A)   157,334    149,900 
Vivint Solar Financing VII, Ser 2020-1A, Cl B          
3.220%, 07/31/51 (A)   850,949    687,708 
         37,707,630 
Total Asset-Backed Securities          
(Cost $98,014,303)        98,516,167 
           
MORTGAGE-BACKED SECURITIES — 9.8% 
           
Agency Mortgage-Backed Obligations — 4.4% 
FHLMC          
5.000%, 07/01/35  $83,377   $84,078 
FHLMC Multifamily ML Certificates, Ser 2023-ML18, Cl XCA, IO          
1.439%, 09/25/37 (B)   16,950,728    1,754,880 
FHLMC, Ser 2003-2690, Cl TZ          
4.500%, 10/15/33   824,893    823,281 
FHLMC, Ser 2017-4750, Cl PA          
3.000%, 07/15/46   399,212    387,633 
FHLMC, Ser 2022-5243, Cl A          
5.000%, 12/25/48   2,031,596    2,039,836 
FHLMC, Ser 2023-5290, Cl DE          
5.000%, 11/25/44   2,112,127    2,126,701 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued

   Face Amount   Value 
FNMA          
5.000%, 03/01/34  $64,647   $64,993 
3.500%, 11/01/34   270,792    268,530 
FNMA, Ser 2009-62, Cl WA          
5.579%, 08/25/39 (B)   13,303    13,342 
FNMA, Ser 2011-17, Cl ZM          
3.500%, 03/25/31   1,040,058    1,018,443 
FNMA, Ser 2013-104, Cl TY          
3.000%, 10/25/33   2,014,894    1,931,766 
FNMA, Ser 2013-43, Cl MB          
3.500%, 05/25/33   774,452    752,357 
FNMA, Ser 2017-12, Cl KE          
3.000%, 03/25/47   378,403    360,308 
FNMA, Ser 2017-19, Cl EA          
3.000%, 03/25/47   924,021    885,286 
FNMA, Ser 2017-87, Cl P          
3.000%, 02/25/46   952,951    921,006 
FNMA, Ser 2019-18, Cl A          
3.500%, 05/25/49   418,206    402,499 
FNMA, Ser 2022-29, Cl MG          
4.500%, 11/25/42   1,103,921    1,099,780 
FNMA, Ser 2022-72, Cl CB          
5.250%, 07/25/39   3,133,197    3,156,868 
FNMA, Ser 2022-76, Cl HC          
5.000%, 12/25/43   1,840,455    1,845,873 
FNMA, Ser 2024-58, Cl BA          
5.000%, 09/25/53   1,752,397    1,763,266 
GNMA, Ser 2011-57, Cl BA          
3.000%, 05/20/40   3,109    3,097 
GNMA, Ser 2017-99, Cl WA          
4.961%, 12/20/32 (B)   96,841    96,568 
GNMA, Ser 2022-177, Cl LA          
3.500%, 01/20/52   121,957    120,139 
GNMA, Ser 2023-146, Cl CT          
5.000%, 10/20/34   764,760    763,626 
GNMA, Ser 2023-49, Cl A          
4.500%, 07/20/48   1,479,052    1,471,127 
         24,155,283 
Non-Agency Mortgage-Backed Obligations — 5.4% 
Angel Oak Mortgage Trust, Ser 2024-5, Cl A1          
4.950%, 07/25/68 (A)(D)   847,828    836,794 
Angel Oak Mortgage Trust, Ser 2024-8, Cl A1          
5.338%, 05/27/69 (A)(D)   355,430    353,350 
Angel Oak Mortgage Trust, Ser 2024-9, Cl A1          
5.138%, 09/25/69 (A)(D)   1,330,375    1,318,978 
BANK, Ser 2018-BN10, Cl ASB          
3.641%, 02/15/61   201,263    198,982 
BANK, Ser 2024-BNK48, Cl A1          
4.333%, 10/15/57   358,779    356,565 

MORTGAGE-BACKED SECURITIES — continued

   Face Amount   Value 
BBCMS Mortgage Trust, Ser 2024-C28, Cl A1          
4.910%, 09/15/57  $691,101   $693,129 
BBCMS Mortgage Trust, Ser 2024-C30, Cl A1          
4.902%, 11/15/57   1,057,330    1,064,101 
BBCMS Mortgage Trust, Ser 2025-C32, Cl A1          
4.968%, 02/15/62   810,519    817,008 
BRAVO Residential Funding Trust, Ser 2024-NQM5, Cl A1          
5.803%, 06/25/64 (A)(D)   1,511,551    1,513,394 
BX Commercial Mortgage Trust, Ser 2022-AHP, Cl A          
5.332%, TSFR1M + 0.990%, 01/17/39 (A)(B)   492,000    491,692 
BX Commercial Mortgage Trust, Ser 2022-AHP, Cl AS          
5.832%, TSFR1M + 1.490%, 01/17/39 (A)(B)   2,500,000    2,498,438 
BX Commercial Mortgage Trust, Ser 2022-AHP, Cl B          
6.182%, TSFR1M + 1.840%, 01/17/39 (A)(B)   1,750,000    1,748,906 
BX Trust, Ser 2022-CLS, Cl B          
6.300%, 10/13/27 (A)   2,200,000    2,208,180 
CHI Commercial Mortgage Trust, Ser SFT, Cl A          
5.482%, 04/15/42 (A)(B)   250,000    253,242 
CHI Commercial Mortgage Trust, Ser SFT, Cl XA, IO          
0.300%, 04/15/42 (A)(B)   975,000    9,791 
COLT, Ser 2025-1, Cl A1          
5.699%, 01/25/70 (A)(D)   652,129    652,601 
Durst Commercial Mortgage Trust, Ser 2025-151, Cl A          
5.317%, 08/10/42 (A)(B)   425,000    425,000 
Extended Stay America Trust, Ser 2021-ESH, Cl B          
5.837%, TSFR1M + 1.494%, 07/15/38 (A)(B)   943,501    944,089 
FREMF Mortgage Trust, Ser 2019-K89, Cl B          
4.290%, 01/25/51 (A)(B)   1,400,000    1,373,076 
FREMF Mortgage Trust, Ser 2019-K94, Cl B          
3.963%, 07/25/52 (A)(B)   1,262,000    1,201,589 
GCAT Trust, Ser 2024-NQM2, Cl A1          
6.085%, 06/25/59 (A)(D)   847,869    852,419 
GS Mortgage Securities Trust, Ser 2021-DM, Cl AS          
5.842%, TSFR1M + 1.499%, 11/15/36 (A)(B)   2,500,000    2,478,125 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued

   Face Amount   Value 
GSR Mortgage Loan Trust, Ser 2004-9, Cl 3A1          
4.916%, 08/25/34 (B)  $7,627   $7,228 
Hudson Yards Mortgage Trust, Ser 2016-10HY, Cl A          
2.835%, 08/10/38 (A)   1,000,000    975,484 
Manhattan West Mortgage Trust, Ser 2020-1MW, Cl C          
2.335%, 09/10/39 (A)(B)   214,000    200,047 
MHC Commercial Mortgage Trust, Ser 2021-MHC, Cl A          
5.257%, TSFR1M + 0.915%, 04/15/38 (A)(B)   573,778    573,778 
Morgan Stanley Residential Mortgage Loan Trust, Ser 2024-3, Cl A1          
6.000%, 07/25/54 (A)(B)   235,708    236,948 
Morgan Stanley Residential Mortgage Loan Trust, Ser 2025-NQM1, Cl A1          
5.738%, 11/25/69 (A)(B)   926,695    928,645 
OBX Trust, Ser 2023-NQM2, Cl A1          
6.319%, 01/25/62 (A)(D)   629,029    628,868 
OBX Trust, Ser 2024-NQM13, Cl A1          
5.116%, 06/25/64 (A)   254,002    252,594 
OBX Trust, Ser 2024-NQM15, Cl A1          
5.316%, 10/25/64 (A)(D)   472,160    469,755 
OBX Trust, Ser 2024-NQM7, Cl A1          
6.243%, 03/25/64 (A)(D)   570,323    574,469 
Sequoia Mortgage Trust, Ser 2013-2, Cl A          
1.874%, 02/25/43 (B)   68,153    58,264 
STWD Mortgage Trust, Ser 2021-LIH, Cl D          
6.761%, TSFR1M + 2.419%, 11/15/36 (A)(B)   450,000    449,158 
Verus Securitization Trust, Ser 2024-4, Cl A1          
6.218%, 06/25/69 (A)(D)   772,759    778,767 
Wells Fargo Commercial Mortgage Trust, Ser 2024-C63, Cl A1          
4.894%, 08/15/57   788,965    792,606 
         29,216,060 
Total Mortgage-Backed Securities          
(Cost $52,140,411)        53,371,343 

MUNICIPAL BONDS — 3.9%

   Face Amount   Value 
California — 1.0%          
California Community Choice Financing Authority, RB          
6.125%, 04/01/30  $1,420,000   $1,461,808 
5.950%, 08/01/29   825,000    838,787 
Mount Diablo Unified School District, Ser B-NE, GO          
5.548%, 08/01/27   400,000    403,807 
San Diego Unified School District, GO          
3.915%, 07/01/28   600,000    596,761 
San Francisco City & County Public Utilities Commission Wastewater Revenue, RB          
4.655%, 10/01/27   1,400,000    1,413,521 
         4,714,684 
Colorado — 0.1%          
Broomfield Urban Renewal Authority, TA          
4.700%, 12/01/28   800,000    809,120 
           
Hawaii — 0.1%          
State of Hawaii Department of Business Economic Development & Tourism, Ser A-2, RB          
3.242%, 01/01/31   737,744    720,506 
           
Illinois — 0.2%          
Chicago Housing Authority, Ser B, RB          
3.822%, 01/01/26   250,000    249,324 
Village of Deerfield Illinois, Ser B, GO          
4.000%, 12/01/28   1,250,000    1,238,663 
         1,487,987 
Indiana — 0.0%          
City of Fort Wayne Indiana, RB          
10.750%, 12/01/29   117,179    12 
           
Iowa — 0.0%          
Iowa Finance Authority, RB          
7.000%, 11/01/27 (A)   250,000    251,917 
           
Louisiana — 0.1%          
Louisiana Local Government Environmental Facilities & Community Development Authority, RB          
3.615%, 02/01/29   522,107    519,446 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

MUNICIPAL BONDS — continued

   Face Amount   Value 
Maryland — 0.1%          
Montgomery County Housing Opportunities Commission, RB          
4.412%, 12/01/27  $350,000   $351,703 
           
Montana — 0.1%          
County of Gallatin Montana, RB          
11.500%, 09/01/27 (A)   750,000    769,081 
         769,081 
New Hampshire — 0.7%          
New Hampshire Business Finance Authority, RB          
4.650%, 02/01/29 (A)(B)   2,500,000    2,500,000 
4.520%, 07/01/33 (A)(B)   850,000    850,000 
         3,350,000 
New Jersey — 0.6%          
Jersey City Municipal Utilities Authority, Ser B, RB          
4.800%, 05/01/26   450,000    449,592 
New Jersey Economic Development Authority, RB          
4.984%, 03/01/27   1,000,000    1,006,267 
4.927%, 03/01/26   1,000,000    1,001,312 
New Jersey Transportation Trust Fund Authority, Ser BB, RB          
4.608%, 06/15/26   510,000    511,353 
         2,968,524 
New York — 0.2%          
New York State Energy Research & Development Authority, Ser A, RB          
6.222%, 04/01/40   600,000    601,801 
5.822%, 04/01/27   665,000    664,075 
5.739%, 04/01/26   250,000    249,827 
         1,515,703 
Oklahoma — 0.1%          
Oklahoma Development Finance Authority, Ser C, RB          
5.450%, 08/15/28   600,000    606,408 
           
Oregon — 0.3%          
Warm Springs Reservation Confederated Tribe, Ser S, RB          
2.370%, 11/01/27 (A)   1,000,000    945,322 
2.165%, 11/01/26 (A)   500,000    483,072 
         1,428,394 
Pennsylvania — 0.1%          
Redevelopment Authority of the City of Philadelphia, Ser A, RB          
4.653%, 09/01/25   275,000    275,020 

MUNICIPAL BONDS — continued

   Face Amount   Value 
South Dakota — 0.0%          
South Dakota Housing Development Authority, Ser E, RB          
5.460%, 05/01/53  $210,000   $212,231 
           
West Virginia — 0.2%          
Tobacco Settlement Finance Authority, RB          
2.351%, 06/01/28   1,000,000    939,537 
           
Total Municipal Bonds          
(Cost $20,892,920)        20,920,273 
           
REPURCHASE AGREEMENTS — 2.0% 
           
Barclays Capital          
4.360%, dated 07/31/25, to be repurchased on 08/01/25, repurchase price $5,500,666 (collateralized by a U.S. Treasury Obligation, par value $5,775,900, 2.875%, 04/30/2029; with total market value $5,610,059)  $5,500,000   $5,500,000 
Socgen Triparty Treasury          
4.360%, dated 07/31/25, to be repurchased on 08/01/25, repurchase price $5,400,654 (collateralized by a U.S. Treasury Obligation, par value $5,498,700, 4.750%, 02/15/2045; with total market value $5,508,003)   5,400,000    5,400,000 
           
Total Repurchase Agreements          
(Cost $10,900,000)        10,900,000 
           
SOVEREIGN DEBT — 0.4%          
           
JAPAN — 0.1%          
Japan Bank for International Cooperation          
1.625%, 01/20/27  $500,000   $481,760 
Japan International Cooperation Agency          
4.250%, 05/22/30   230,000    230,510 
         712,270 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

SOVEREIGN DEBT — continued

   Face Amount   Value 
NETHERLANDS — 0.1%          
Nederlandse Waterschapsbank          
4.500%, 01/16/30(A)  $250,000   $254,558 
           
SWEDEN — 0.2%          
Kommuninvest I Sverige          
4.625%, 09/29/28(A)   1,000,000    1,019,284 
           
Total Sovereign Debt          
(Cost $1,954,944)        1,986,112 
           
BANK LOAN OBLIGATIONS — 0.3%          
           
ECOLOGICAL SERVICES & EQUIPMENT — 0.3% 
LTR Intermediate Holdings Term Loan          
9.460%, 05/05/28  $248,062   $243,153 
Terraform Power Operating Specified Refinancing Term Loan          
6.296%, TSFR1M + 2.500%, 05/21/29(B)   1,625,000    1,622,286 
         1,865,439 
Total Bank Loan Obligations          
(Cost $1,871,579)        1,865,439 

U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.2%

   Face Amount   Value 
Export-Import Bank of the United States          
2.628%, 11/12/26  $825,838   $812,477 
United States International Development Finance          
1.790%, 10/15/29   273,654    259,912 
           
Total U.S. Government Agency Obligations          
(Cost $1,094,967)        1,072,389 
Total Investments in Securities— 99.3%          
(Cost $536,333,487)       $539,626,422 

 

Percentages are based on Net Assets of $543,580,027.


A list of the open futures contracts held by the Fund at July 31, 2025, is as follows:

 

Type of Contract  Number of Contracts  Expiration Date  Notional Amount   Value   Unrealized
Appreciation/
(Depreciation)
 
Long Contracts                     
U.S. 2-Year Treasury Note  282  Sep-2025  $58,459,665   $58,369,594   $(90,071)
Short Contracts                     
U.S. 5-Year Treasury Note  (107) Sep-2025   (11,521,115)   (11,574,391)   (53,276)
         $46,938,550   $46,795,203   $(143,347)

 

Real Estate Investment Trust.

(A)Securities sold within the terms of a private placement memorandum, exempt from registration under section 144A of the Securities Act of 1933, as amended, and maybe sold only to dealers in the program or other “accredited investors”. The total value of these securities at July 31, 2025 was $160,352,812 and represented 29.5% of Net Assets.
(B)Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(C)Zero coupon security.

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SHORT DURATION BOND FUND

 

July 31, 2025 (Unaudited)

 

 

(D)Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

 

ABS — Asset-Backed Security
Cl — Class
CLO — Collateralized Loan Obligation
DAC — Designated Activity Company
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
GO — General Obligation
H15T1Y — US Treasury Yield Curve Rate T Note Constant Maturity 1 Year
IO — Interest Only — face amount represents notional amount
MTN — Medium Term Note
RB — Revenue Bond
Ser — Series
SOFRINDX — Secured Overnight Financing Rate Index
SOFRRATE — Secured Overnight Financing Rate
TSFR1M — Term Secured Overnight Financing Rate 1 Month
TSFR3M — Term Secured Overnight Financing Rate 3 Month

 

CRI-QH-001-0800

 


 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS
U.S. TREASURY OBLIGATIONS — 29.6%
   Face
Amount
   Value 
U.S. Treasury Bonds          
5.000%, 05/15/45  $7,826,000   $7,943,390 
4.750%, 11/15/43   5,420,000    5,351,403 
4.750%, 02/15/45   5,460,000    5,368,716 
4.750%, 11/15/53   1,785,000    1,742,536 
4.750%, 05/15/55   32,750,000    32,037,094 
4.625%, 05/15/44   19,110,000    18,538,193 
4.625%, 11/15/44   6,230,000    6,028,498 
4.625%, 05/15/54   2,420,000    2,317,528 
4.625%, 02/15/55   20,305,000    19,457,752 
4.500%, 02/15/44   13,848,000    13,231,785 
4.500%, 11/15/54   2,960,000    2,778,238 
4.375%, 08/15/43   2,740,000    2,582,771 
4.250%, 02/15/54   185,000    166,312 
4.250%, 08/15/54   965,000    868,462 
4.125%, 08/15/44   11,220,000    10,161,520 
4.125%, 08/15/53   14,432,000    12,707,931 
3.875%, 05/15/43   3,615,000    3,192,638 
3.625%, 05/15/53   165,000    132,625 
3.375%, 08/15/42   6,970,000    5,789,456 
3.000%, 02/15/49   615,000    447,412 
3.000%, 08/15/52   4,522,000    3,217,686 
2.875%, 05/15/43   5,705,000    4,352,960 
2.500%, 02/15/45   14,955,000    10,402,488 
2.500%, 02/15/46   1,775,000    1,216,291 
2.500%, 05/15/46   210,000    143,366 
2.375%, 02/15/42   870,000    626,536 
2.250%, 08/15/46   1,805,000    1,168,667 
2.250%, 02/15/52   5,235,000    3,149,998 
2.000%, 11/15/41   1,305,000    889,796 
2.000%, 02/15/50   4,745,000    2,750,061 
2.000%, 08/15/51   6,755,000    3,837,157 
1.875%, 02/15/41   935,000    638,868 
1.875%, 02/15/51   325,000    179,943 
1.875%, 11/15/51   3,200,000    1,753,000 
1.750%, 08/15/41   9,530,000    6,275,282 
1.625%, 11/15/50   12,805,000    6,649,171 
1.375%, 08/15/50   12,530,000    6,090,755 
1.250%, 05/15/50   17,155,000    8,131,872 
1.125%, 08/15/40   3,465,000    2,119,064 
U.S. Treasury Inflation Indexed Bonds          
2.375%, 02/15/55   7,490,000    7,237,262 
U.S. Treasury Notes          
4.625%, 04/30/29   16,000,000    16,392,500 
4.625%, 02/15/35   540,000    551,728 
4.491%, USBMMY3M + 0.205%, 10/31/26(A)   17,680,000    17,699,305 
4.436%, USBMMY3M + 0.150%, 04/30/26(A)   22,870,000    22,887,648 
4.384%, USBMMY3M + 0.098%, 01/31/27(A)   31,400,000    31,393,873 
U.S. TREASURY OBLIGATIONS — continued
   Face
Amount
   Value 
4.375%, 11/30/28  $3,995,000   $4,053,364 
4.375%, 11/30/30   2,650,000    2,698,342 
4.375%, 01/31/32   21,080,000    21,397,847 
4.369%, USBMMY3M + 0.160%, 04/30/27(A)   76,720,000    76,765,350 
4.250%, 06/30/31   17,325,000    17,498,927 
4.250%, 11/15/34   9,520,000    9,460,500 
4.250%, 05/15/35   34,930,000    34,624,363 
4.125%, 10/31/29   6,770,000    6,820,246 
4.125%, 11/30/29   2,600,000    2,619,703 
4.125%, 07/31/31   5,825,000    5,845,251 
4.125%, 11/30/31   8,020,000    8,034,098 
4.000%, 10/31/29   4,922,000    4,935,651 
4.000%, 02/28/30   3,570,000    3,579,622 
4.000%, 03/31/30   2,855,000    2,861,580 
4.000%, 05/31/30   2,095,000    2,100,074 
4.000%, 04/30/32   2,080,000    2,064,806 
3.875%, 03/31/27   1,650,000    1,646,713 
3.875%, 05/31/27   4,000,000    3,993,125 
3.875%, 07/15/28   47,685,000    47,670,098 
3.875%, 04/30/30   3,345,000    3,334,808 
3.875%, 06/30/30   12,365,000    12,317,665 
3.875%, 07/31/30   1,355,000    1,350,130 
3.875%, 08/15/34   48,090,000    46,523,318 
3.750%, 06/30/27   4,465,000    4,447,559 
3.750%, 05/31/30   3,410,000    3,379,097 
3.625%, 09/30/31   13,155,000    12,835,375 
3.500%, 09/30/29   4,595,000    4,519,972 
2.750%, 05/31/29   2,100,000    2,013,867 
1.625%, 05/15/31   8,150,000    7,143,029 
1.500%, 11/30/28   965,000    893,417 
1.375%, 11/15/31   13,895,000    11,815,635 
1.250%, 06/30/28   19,530,000    18,125,518 
1.250%, 08/15/31   2,695,000    2,291,697 
1.125%, 02/15/31   2,385,000    2,050,914 
0.625%, 05/15/30   1,775,000    1,519,636 
           
Total U.S. Treasury Obligations          
(Cost $725,014,852)        703,830,834 
           
CORPORATE OBLIGATIONS — 28.3% 
           
COMMUNICATION SERVICES — 1.6% 
Alphabet          
1.100%, 08/15/30  $5,000,000   $4,310,227 
AT&T          
4.350%, 06/15/45   3,065,000    2,535,502 
3.800%, 12/01/57   750,000    521,431 
3.550%, 09/15/55   1,238,000    831,078 
2.550%, 12/01/33   150,000    125,064 
CCO Holdings          
4.500%, 05/01/32   975,000    884,682 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
COMMUNICATION SERVICES — continued 
Charter Communications Operating          
6.100%, 06/01/29  $1,630,000   $1,700,347 
5.125%, 07/01/49   1,955,000    1,579,876 
4.200%, 03/15/28   630,000    622,931 
Comcast          
4.650%, 02/15/33   2,500,000    2,473,492 
Cox Communications          
5.950%, 09/01/54(B)   1,390,000    1,269,609 
3.350%, 09/15/26(B)   575,000    566,225 
1.800%, 10/01/30(B)   650,000    555,878 
Meta Platforms          
4.450%, 08/15/52   2,665,000    2,240,833 
Prosus MTN          
4.850%, 07/06/27(B)   500,000    501,250 
3.680%, 01/21/30(B)   200,000    188,979 
3.061%, 07/13/31(B)   1,940,000    1,727,067 
Rogers Communications          
3.800%, 03/15/32   1,705,000    1,588,948 
Telecom Italia Capital          
7.200%, 07/18/36   175,000    183,448 
Time Warner Cable          
6.750%, 06/15/39   800,000    820,099 
Verizon Communications          
4.400%, 11/01/34   3,130,000    2,979,159 
3.875%, 03/01/52   3,500,000    2,601,164 
3.550%, 03/22/51   895,000    637,059 
2.850%, 09/03/41   2,500,000    1,769,120 
2.650%, 11/20/40   2,390,000    1,675,730 
2.550%, 03/21/31   525,000    470,157 
1.500%, 09/18/30   2,500,000    2,150,965 
         37,510,320 
CONSUMER DISCRETIONARY — 0.9% 
Advance Auto Parts          
7.000%, 08/01/30(B)   525,000    527,714 
Alimentation Couche-Tard          
3.625%, 05/13/51(B)   5,000,000    3,387,026 
Carnival          
5.750%, 03/15/30(B)   1,955,000    1,975,907 
Ford Motor Credit          
7.350%, 11/04/27   525,000    544,021 
5.303%, 09/06/29   1,130,000    1,109,379 
4.134%, 08/04/25   400,000    399,962 
3.375%, 11/13/25   450,000    447,760 
General Motors          
6.250%, 04/15/35   1,070,000    1,106,240 
5.625%, 04/15/30   1,110,000    1,138,197 
General Motors Financial          
5.450%, 07/15/30   365,000    371,159 
5.050%, 04/04/28   565,000    570,410 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
CONSUMER DISCRETIONARY — continued 
Genuine Parts          
4.950%, 08/15/29  $830,000   $840,222 
2.750%, 02/01/32   760,000    663,754 
Hilton Domestic Operating          
5.750%, 09/15/33(B)   1,050,000    1,051,260 
Lennar          
5.200%, 07/30/30   775,000    789,662 
Nissan Motor Acceptance MTN          
5.550%, 09/13/29(B)   665,000    648,421 
Nordstrom          
6.950%, 03/15/28   865,000    887,987 
PVH          
5.500%, 06/13/30   1,280,000    1,289,154 
Ralph Lauren          
5.000%, 06/15/32   785,000    795,150 
Starbucks          
4.450%, 08/15/49   2,500,000    2,054,147 
Stellantis Finance US          
6.450%, 03/18/35(B)   655,000    655,756 
Toll Brothers Finance          
5.600%, 06/15/35   645,000    648,082 
Whirlpool          
6.125%, 06/15/30   205,000    204,528 
ZF North America Capital          
7.125%, 04/14/30(B)   320,000    310,136 
         22,416,034 
CONSUMER STAPLES — 0.7% 
Anheuser-Busch InBev Worldwide          
5.450%, 01/23/39   2,020,000    2,045,501 
Coca-Cola          
1.450%, 06/01/27   25,000    23,832 
General Mills          
4.875%, 01/30/30   530,000    536,509 
Mather Foundation          
2.675%, 10/01/31   2,500,000    2,169,747 
PepsiCo          
5.000%, 07/23/35   1,380,000    1,382,807 
3.900%, 07/18/32   3,000,000    2,888,392 
2.875%, 10/15/49   4,340,000    2,832,490 
RELX Capital          
3.000%, 05/22/30   50,000    46,968 
Sysco          
2.400%, 02/15/30   2,500,000    2,278,675 
Target          
5.000%, 04/15/35   1,220,000    1,217,987 
         15,422,908 
ENERGY — 1.8% 
APA          
6.750%, 02/15/55(B)   860,000    808,960 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
ENERGY — continued 
BP Capital Markets America          
3.060%, 06/17/41  $2,250,000   $1,658,610 
California Resources          
8.250%, 06/15/29(B)   845,000    867,910 
Cameron LNG          
3.701%, 01/15/39(B)   1,995,000    1,673,047 
Chevron USA          
4.687%, 04/15/30   870,000    882,913 
Civitas Resources          
9.625%, 06/15/33(B)   765,000    789,328 
Devon Energy          
7.875%, 09/30/31   260,000    297,734 
Energy Transfer          
6.500%, 02/01/42   835,000    870,661 
6.100%, 12/01/28   1,855,000    1,940,680 
Enterprise Products Operating          
4.600%, 01/15/31   905,000    904,038 
EOG Resources          
5.000%, 07/15/32   800,000    806,007 
Helmerich & Payne          
5.500%, 12/01/34(B)   840,000    774,924 
Hess Midstream Operations          
5.875%, 03/01/28(B)   1,690,000    1,718,416 
Kinder Morgan Energy Partners          
6.500%, 09/01/39   50,000    52,933 
5.500%, 03/01/44   370,000    346,927 
Kinetik Holdings          
6.625%, 12/15/28(B)   610,000    623,754 
Marathon Petroleum          
5.150%, 03/01/30   875,000    891,047 
MidAmerican Energy          
5.850%, 09/15/54   975,000    995,756 
5.300%, 02/01/55   1,050,000    993,422 
4.250%, 07/15/49   1,240,000    1,004,134 
3.950%, 08/01/47   2,500,000    1,969,354 
2.700%, 08/01/52   2,588,000    1,591,699 
MPLX          
5.500%, 02/15/49   2,000,000    1,808,028 
NFE Financing          
12.000%, 11/15/29(B)   3,549,600    1,257,517 
Occidental Petroleum          
6.625%, 09/01/30   1,300,000    1,372,256 
5.200%, 08/01/29   910,000    912,214 
Patterson-UTI Energy          
7.150%, 10/01/33   1,525,000    1,577,779 
Saudi Arabian Oil          
6.375%, 06/02/55(B)   1,175,000    1,191,773 
Sweihan PV Power PJSC          
3.625%, 01/31/49(B)   2,305,600    1,894,684 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
ENERGY — continued 
Targa Resources          
6.125%, 05/15/55  $1,165,000   $1,138,496 
Topaz Solar Farms          
5.750%, 09/30/39(B)   4,731,496    4,648,458 
TransCanada PipeLines          
4.625%, 03/01/34   1,345,000    1,284,981 
Viper Energy Partners          
5.700%, 08/01/35   165,000    164,109 
         39,712,549 
FINANCIALS — 16.9% 
African Development Bank          
5.750%, H15T5Y + 1.575%(A)(C)   3,750,000    3,709,262 
4.125%, 02/25/27   2,500,000    2,500,784 
3.500%, 09/18/29   1,000,000    980,735 
Ally Financial          
5.737%, SOFRINDX + 1.960%, 05/15/29(A)   495,000    504,043 
5.548%, SOFRRATE + 1.780%, 07/31/33(A)   1,870,000    1,872,310 
American Express          
4.918%, SOFRRATE + 1.220%, 07/20/33(A)   805,000    807,761 
3.550%, H15T5Y + 2.854%(A)(C)   675,000    659,733 
American National Global Funding          
5.550%, 01/28/30(B)   870,000    884,655 
5.250%, 06/03/30(B)   575,000    577,849 
American National Group          
6.000%, 07/15/35   915,000    920,617 
Anglo American Capital          
5.750%, 04/05/34(B)   1,765,000    1,823,720 
3.875%, 03/16/29(B)   420,000    409,789 
2.625%, 09/10/30(B)   500,000    451,124 
Antares Holdings          
6.350%, 10/23/29(B)   720,000    725,585 
Apollo Debt Solutions BDC          
6.550%, 03/15/32(B)   345,000    353,852 
5.875%, 08/30/30(B)   470,000    470,541 
Arab Energy Fund          
5.428%, 05/02/29   2,750,000    2,832,995 
Arab Petroleum Investments          
5.428%, 05/02/29(B)   1,500,000    1,545,270 
Ares Capital          
7.000%, 01/15/27   487,000    501,318 
5.800%, 03/08/32   580,000    578,640 
2.875%, 06/15/28   1,320,000    1,247,354 
Ares Strategic Income Fund          
5.700%, 03/15/28(B)   570,000    572,916 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Arthur J Gallagher          
6.500%, 02/15/34  $1,510,000   $1,647,433 
Asian Infrastructure Investment Bank          
4.962%, SOFRINDX + 0.620%, 08/16/27(A)   1,000,000    1,006,976 
4.875%, 09/14/26   1,000,000    1,007,506 
4.500%, 01/16/30   1,200,000    1,224,899 
Athene Global Funding          
5.380%, 01/07/30(B)   810,000    825,327 
4.830%, 05/09/28(B)   1,190,000    1,194,692 
Atlas Warehouse Lending          
6.250%, 01/15/30(B)   445,000    448,795 
Aviation Capital Group          
5.125%, 04/10/30(B)   620,000    624,208 
Avolon Holdings Funding          
4.950%, 01/15/28(B)   990,000    994,274 
Bacardi-Martini BV          
5.550%, 02/01/30(B)   1,620,000    1,663,617 
Bain Capital Specialty Finance          
5.950%, 03/15/30   350,000    348,052 
Bank of America          
5.518%, SOFRRATE + 1.738%, 10/25/35(A)   2,055,000    2,056,974 
4.450%, 03/03/26   1,275,000    1,273,684 
2.676%, U.S. SOFR + 1.930%, 06/19/41(A)   2,700,000    1,925,192 
2.572%, SOFRRATE + 1.210%, 10/20/32(A)   650,000    572,905 
Bank of Ireland Group          
6.253%, H15T1Y + 2.650%, 09/16/26(A)(B)   2,500,000    2,504,405 
Bank of Montreal          
5.004%, SOFRINDX + 0.670%, 01/27/29(A)   575,000    582,645 
Bank of New York Mellon          
4.942%, SOFRRATE + 0.887%, 02/11/31(A)   1,440,000    1,466,136 
4.729%, SOFRRATE + 1.135%, 04/20/29(A)   585,000    591,132 
Barclays          
5.690%, SOFRRATE + 1.740%, 03/12/30(A)   1,240,000    1,279,839 
5.674%, SOFRRATE + 1.490%, 03/12/28(A)   3,130,000    3,181,732 
5.367%, SOFRRATE + 1.230%, 02/25/31(A)   725,000    740,553 
2.894%, H15T1Y + 1.300%, 11/24/32(A)   1,000,000    885,543 
Belrose Funding Trust II          
6.792%, 05/15/55(B)   860,000    880,702 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
BGC Group          
6.150%, 04/02/30(B)  $305,000   $308,481 
Blackstone Private Credit Fund          
2.625%, 12/15/26   2,845,000    2,750,087 
Blackstone Secured Lending Fund          
5.350%, 04/13/28   245,000    246,932 
Blue Owl Capital          
2.875%, 06/11/28   2,700,000    2,518,317 
Blue Owl Credit Income          
7.750%, 01/15/29   2,670,000    2,838,041 
6.600%, 09/15/29   555,000    570,731 
Blue Owl Technology Finance II          
6.750%, 04/04/29   585,000    598,989 
BNP Paribas          
5.283%, SOFRRATE + 1.280%, 11/19/30(A)(B)   675,000    687,706 
5.176%, SOFRRATE + 1.520%, 01/09/30(A)(B)   1,465,000    1,492,227 
5.085%, SOFRRATE + 1.678%, 05/09/31(A)(B)   510,000    514,892 
4.375%, 05/12/26(B)   250,000    249,123 
1.675%, SOFRRATE + 0.912%, 06/30/27(A)(B)   2,450,000    2,384,277 
Bush Foundation          
2.754%, 10/01/50   1,000,000    613,359 
CaixaBank          
4.885%, SOFRRATE + 1.360%, 07/03/31(A)(B)   845,000    846,695 
Canadian Imperial Bank of Commerce          
4.857%, SOFRRATE + 1.030%, 03/30/29(A)   1,475,000    1,486,483 
Cantor Fitzgerald          
7.200%, 12/12/28(B)   750,000    796,495 
Capital Impact Partners          
5.999%, 08/01/35   2,500,000    2,508,668 
Capital One Financial          
7.624%, SOFRRATE + 3.070%, 10/30/31(A)   775,000    872,594 
6.377%, SOFRRATE + 2.860%, 06/08/34(A)   1,490,000    1,590,430 
6.312%, SOFRRATE + 2.640%, 06/08/29(A)   350,000    365,580 
5.268%, SOFRRATE + 2.370%, 05/10/33(A)   1,320,000    1,330,119 
4.927%, SOFRRATE + 2.057%, 05/10/28(A)   675,000    678,689 
4.200%, 10/29/25   1,050,000    1,048,060 
CDP Financial MTN          
1.000%, 05/26/26(B)   2,500,000    2,433,622 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Central American Bank for Economic Integration          
5.000%, 02/09/26(B)  $500,000   $500,724 
CGI          
4.950%, 03/14/30(B)   1,275,000    1,290,168 
Charles Schwab          
4.000%, H15T5Y + 3.168%(A)(C)   4,910,000    4,840,067 
Citadel Securities Global Holdings          
5.500%, 06/18/30(B)   270,000    272,300 
Citibank          
4.914%, 05/29/30   570,000    578,853 
4.876%, SOFRRATE + 0.712%, 11/19/27(A)   4,620,000    4,638,389 
Citigroup          
8.125%, 07/15/39   785,000    981,664 
4.643%, SOFRRATE + 1.143%, 05/07/28(A)   2,085,000    2,086,177 
4.600%, 03/09/26   40,000    39,983 
4.450%, 09/29/27   1,920,000    1,914,608 
4.000%, H15T5Y + 3.597%(A)(C)   5,725,000    5,686,779 
2.666%, U.S. SOFR + 1.146%, 01/29/31(A)   2,205,000    2,019,753 
Citizens Bank          
4.575%, SOFRRATE + 2.000%, 08/09/28(A)   940,000    938,984 
Citizens Financial Group          
5.841%, SOFRRATE + 2.010%, 01/23/30(A)   1,190,000    1,228,798 
5.253%, SOFRRATE + 1.259%, 03/05/31(A)   600,000    607,691 
Clearinghouse Community Development Financial Institution          
7.000%, 10/15/30(B)   1,000,000    1,010,324 
CNH Industrial Capital          
4.750%, 03/21/28   505,000    507,298 
CNO Global Funding          
4.875%, 12/10/27(B)   860,000    864,965 
Commonwealth Bank of Australia NY          
4.423%, 03/14/28   585,000    588,245 
Community Preservation          
2.867%, 02/01/30   2,400,000    2,198,449 
Conservation Fund A Nonprofit          
3.474%, 12/15/29   2,116,000    1,986,282 
ContourGlobal Power Holdings          
6.750%, 02/28/30(B)   500,000    512,500 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Cooperatieve Rabobank UA          
4.990%, H15T1Y + 0.920%, 05/27/31(A)(B)  $1,475,000   $1,490,011 
1.004%, H15T1Y + 0.730%, 09/24/26(A)(B)   1,444,000    1,435,763 
Corebridge Financial          
6.875%, H15T5Y + 3.846%, 12/15/52(A)   765,000    785,709 
6.375%, H15T5Y + 2.646%, 09/15/54(A)   2,045,000    2,041,726 
Corebridge Global Funding          
4.850%, 06/06/30(B)   1,475,000    1,481,760 
Credit Agricole          
5.230%, SOFRRATE + 1.130%, 01/09/29(A)(B)   1,310,000    1,326,973 
Crescent Energy Finance          
8.375%, 01/15/34(B)   760,000    752,726 
7.625%, 04/01/32(B)   400,000    391,382 
Daimler Truck Finance North America          
5.625%, 01/13/35(B)   1,545,000    1,573,269 
Danske Bank          
5.019%, H15T1Y + 0.930%, 03/04/31(A)(B)   995,000    1,004,396 
Deutsche Bank NY          
5.297%, SOFRRATE + 1.720%, 05/09/31(A)   1,270,000    1,291,281 
4.950%, SOFRRATE + 1.300%, 08/04/31(A)   665,000    665,998 
DNB Bank          
4.853%, SOFRRATE + 1.050%, 11/05/30(A)(B)   430,000    434,974 
Element Fleet Management          
5.037%, 03/25/30(B)   715,000    721,041 
Enbridge          
4.900%, 06/20/30   460,000    463,910 
Enel Finance International          
5.000%, 06/15/32(B)   1,100,000    1,102,688 
Equitable America Global Funding          
4.950%, 06/09/30(B)   1,120,000    1,128,658 
European Investment Bank          
3.750%, 02/14/33   2,500,000    2,426,378 
2.125%, 04/13/26   1,000,000    985,063 
0.875%, 05/17/30   3,500,000    3,029,758 
0.625%, 10/21/27   5,000,000    4,648,036 
Fifth Third Bank          
4.967%, SOFRRATE + 0.810%, 01/28/28(A)   430,000    432,530 
Ford Foundation          
2.815%, 06/01/70   5,065,000    2,781,770 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Fortitude Group Holdings          
6.250%, 04/01/30(B)  $340,000   $348,732 
Foundry JV Holdco          
6.200%, 01/25/37(B)   2,375,000    2,440,899 
FS KKR Capital          
6.125%, 01/15/30   565,000    566,635 
GA Global Funding Trust          
5.500%, 04/01/32(B)   915,000    927,475 
4.400%, 09/23/27(B)   825,000    821,825 
Glencore Funding          
6.375%, 10/06/30(B)   390,000    416,847 
5.893%, 04/04/54(B)   1,930,000    1,894,954 
5.186%, 04/01/30(B)   505,000    513,125 
Goldman Sachs Group          
5.218%, SOFRRATE + 1.580%, 04/23/31(A)   565,000    577,645 
5.049%, SOFRRATE + 1.210%, 07/23/30(A)   1,610,000    1,635,543 
4.387%, SOFRRATE + 1.510%, 06/15/27(A)   2,500,000    2,493,560 
4.017%, TSFR3M + 1.635%, 10/31/38(A)   2,310,000    2,018,823 
Golub Capital BDC          
6.000%, 07/15/29   810,000    822,451 
2.500%, 08/24/26   3,530,000    3,437,882 
Golub Capital Private Credit Fund          
5.450%, 08/15/28(B)   195,000    194,209 
HA Sustainable Infrastructure Capital          
6.750%, 07/15/35   2,400,000    2,418,745 
6.375%, 07/01/34   2,500,000    2,477,125 
Hanwha Futureproof          
4.750%, 04/30/28(B)   1,000,000    1,007,079 
HAT Holdings I          
3.750%, 09/15/30(B)   1,000,000    908,121 
Hercules Capital          
6.000%, 06/16/30   385,000    384,956 
Honda Motor          
4.688%, 07/08/30   2,035,000    2,036,584 
HPS Corporate Lending Fund          
5.450%, 01/14/28   1,425,000    1,427,760 
HSBC Holdings          
5.240%, SOFRRATE + 1.570%, 05/13/31(A)   1,045,000    1,063,621 
5.130%, SOFRRATE + 1.040%, 11/19/28(A)   505,000    510,211 
HSBC USA          
4.650%, 06/03/28   535,000    537,509 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Huntington Bancshares          
5.272%, SOFRRATE + 1.276%, 01/15/31(A)  $285,000   $291,015 
Hyundai Capital America          
6.100%, 09/21/28(B)   1,005,000    1,043,843 
5.400%, 06/23/32(B)   485,000    492,371 
5.150%, 03/27/30(B)   985,000    995,728 
ING Groep          
4.858%, SOFRRATE + 1.010%, 03/25/29(A)   300,000    302,550 
Inter-American Development Bank MTN          
4.633%, SOFRINDX + 0.280%, 04/12/27(A)   1,500,000    1,500,553 
3.500%, 04/12/33   2,500,000    2,374,208 
1.125%, 01/13/31   2,500,000    2,143,251 
Inter-American Investment          
4.125%, 02/15/28   2,500,000    2,504,817 
International Bank for Reconstruction & Development          
1.745%, 07/31/33(D)   2,500,000    2,502,446 
0.750%, 08/26/30   2,500,000    2,128,664 
0.000%, 03/31/27(E)   2,500,000    2,374,905 
0.000%, 03/31/28(E)   1,000,000    979,710 
International Development Association          
4.500%, 02/12/35(B)   1,425,000    1,430,158 
4.375%, 11/27/29(B)   2,125,000    2,152,493 
0.875%, 04/28/26(B)   1,000,000    975,022 
0.375%, 09/23/25   2,500,000    2,485,152 
International Finance Facility for Immunisation MTN          
4.750%, 11/03/25   2,250,000    2,249,430 
1.000%, 04/21/26   2,500,000    2,440,884 
Jackson National Life Global Funding          
4.700%, 06/05/28(B)   1,175,000    1,176,909 
JBS USA Holding Lux Sarl          
6.250%, 03/01/56(B)   2,040,000    2,022,680 
JPMorgan Chase          
7.625%, 10/15/26   75,000    77,813 
5.576%, SOFRRATE + 1.635%, 07/23/36(A)   1,060,000    1,073,337 
5.294%, SOFRRATE + 1.460%, 07/22/35(A)   1,205,000    1,220,899 
4.946%, SOFRRATE + 1.340%, 10/22/35(A)   1,235,000    1,221,509 
4.032%, TSFR3M + 1.722%, 07/24/48(A)   830,000    668,469 
3.328%, U.S. SOFR + 1.580%, 04/22/52(A)   2,075,000    1,441,728 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
2.956%, TSFR3M + 2.515%, 05/13/31(A)  $4,200,000   $3,890,411 
2.522%, U.S. SOFR + 2.040%, 04/22/31(A)   725,000    662,430 
KBC Group          
4.932%, H15T1Y + 1.070%, 10/16/30(A)(B)   430,000    433,029 
KeyCorp MTN          
2.250%, 04/06/27   4,865,000    4,682,130 
Kreditanstalt fuer Wiederaufbau          
4.375%, 02/28/34   2,500,000    2,509,660 
1.750%, 09/14/29   2,500,000    2,293,177 
Ladder Capital Finance Holdings LLLP          
5.500%, 08/01/30‡   455,000    455,710 
Liberty Utilities Finance GP 1          
2.050%, 09/15/30(B)   2,500,000    2,186,117 
Lincoln Financial Global Funding          
4.625%, 05/28/28(B)   825,000    826,464 
Lloyds Banking Group          
4.818%, H15T1Y + 0.830%, 06/13/29(A)   945,000    950,329 
4.650%, 03/24/26   1,000,000    999,404 
Low Income Investment Fund          
3.711%, 07/01/29   2,500,000    2,359,998 
LPL Holdings          
5.150%, 06/15/30   840,000    849,591 
LYB International Finance III          
3.375%, 10/01/40   1,255,000    910,121 
2.250%, 10/01/30   100,000    88,111 
M&T Bank          
5.385%, SOFRRATE + 1.610%, 01/16/36(A)   2,935,000    2,924,602 
5.179%, SOFRRATE + 1.400%, 07/08/31(A)   590,000    596,763 
4.833%, SOFRRATE + 0.930%, 01/16/29(A)   2,500,000    2,512,981 
Macquarie Airfinance Holdings          
5.200%, 03/27/28(B)   600,000    605,564 
Main Street Capital          
6.500%, 06/04/27   815,000    831,333 
Marex Group          
6.404%, 11/04/29   635,000    651,107 
5.829%, 05/08/28   695,000    701,870 
Markel Group          
6.000%, 05/16/54   1,080,000    1,075,376 
Massachusetts Higher Education Assistance          
2.673%, 07/01/31   500,000    430,815 
MassMutual Global Funding II          
4.950%, 01/10/30(B)   1,430,000    1,453,402 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
4.550%, 05/07/30(B)  $598,000   $598,133 
Mastercard          
1.900%, 03/15/31   2,500,000    2,193,150 
Mercedes-Benz Finance North America          
4.650%, 04/01/27(B)   1,870,000    1,874,280 
Methanex US Operations          
6.250%, 03/15/32(B)   640,000    634,374 
MetLife          
3.850%, H15T5Y + 3.576%(A)(C)   900,000    896,842 
Mitsubishi HC Finance America          
5.150%, 10/24/29(B)   1,105,000    1,121,050 
Mizuho Financial Group          
5.748%, H15T1Y + 1.900%, 07/06/34(A)   1,650,000    1,720,074 
5.098%, H15T1Y + 0.820%, 05/13/31(A)   935,000    949,286 
4.711%, H15T1Y + 0.920%, 07/08/31(A)   1,450,000    1,446,679 
Morgan Stanley          
5.466%, SOFRRATE + 1.730%, 01/18/35(A)   1,585,000    1,623,629 
5.230%, SOFRRATE + 1.108%, 01/15/31(A)   1,705,000    1,745,847 
4.654%, SOFRRATE + 1.100%, 10/18/30(A)   1,380,000    1,382,588 
4.431%, TSFR3M + 1.890%, 01/23/30(A)   475,000    473,521 
3.217%, U.S. SOFR + 1.485%, 04/22/42(A)   1,610,000    1,222,275 
2.239%, SOFRRATE + 1.178%, 07/21/32(A)   1,700,000    1,473,116 
Morgan Stanley Direct Lending Fund          
6.000%, 05/19/30   415,000    417,438 
Morgan Stanley Private Bank          
4.734%, SOFRRATE + 1.080%, 07/18/31(A)   1,185,000    1,190,060 
MSD Investment          
6.250%, 05/31/30(B)   270,000    269,892 
Mutual of Omaha Global Funding          
5.000%, 04/01/30(B)   255,000    258,225 
National Bank of Canada          
4.500%, 10/10/29   935,000    931,034 
National Community Renaissance of California          
3.270%, 12/01/32   1,000,000    862,736 
Nationstar Mortgage Holdings          
6.500%, 08/01/29(B)   645,000    659,696 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Nationwide Building Society          
5.127%, 07/29/29(B)  $1,075,000   $1,097,397 
4.649%, SOFRRATE + 1.060%, 07/14/29(A)(B)   875,000    875,174 
NatWest Group          
8.000%, USSW5 + 5.720%(A)(C)   2,390,000    2,391,085 
5.808%, H15T1Y + 1.950%, 09/13/29(A)   3,355,000    3,478,392 
5.778%, H15T1Y + 1.500%, 03/01/35(A)   1,910,000    1,982,650 
5.115%, H15T1Y + 1.050%, 05/23/31(A)   1,485,000    1,506,896 
1.642%, H15T1Y + 0.900%, 06/14/27(A)   1,750,000    1,705,150 
NatWest Markets          
4.789%, 03/21/28(B)   1,045,000    1,053,767 
Navient          
7.875%, 06/15/32   570,000    593,168 
New Mountain Finance          
6.200%, 10/15/27   550,000    556,654 
New York Life Global Funding          
4.150%, 07/25/28(B)   1,500,000    1,495,163 
NHP Foundation          
6.000%, 12/01/33   1,000,000    1,065,718 
NLG Global Funding          
5.400%, 01/23/30(B)   880,000    904,408 
NTT Finance          
5.502%, 07/16/35(B)   755,000    766,786 
Oaktree Strategic Credit Fund          
8.400%, 11/14/28   1,480,000    1,593,069 
6.190%, 07/15/30(B)   190,000    191,088 
OneMain Finance          
6.750%, 03/15/32   935,000    949,165 
6.125%, 05/15/30   840,000    842,099 
OneMain Financial Issuance Trust          
6.625%, 05/15/29   290,000    296,586 
OPEC Fund for International Development MTN          
4.500%, 01/26/26   2,500,000    2,497,927 
OWS Cre Funding I          
9.860%, US0001M + 4.900%, 09/15/25(A)(B)   3,125,941    3,112,813 
Pacific Life Global Funding II          
4.850%, 02/10/30(B)   1,440,000    1,452,468 
Principal Life Global Funding II          
4.600%, 08/19/27(B)   485,000    485,918 
Raizen Fuels Finance          
6.950%, 03/05/54(B)   1,275,000    1,190,836 
6.450%, 03/05/34(B)   575,000    570,690 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
6.250%, 07/08/32(B)  $900,000   $887,400 
Rockefeller Foundation          
2.492%, 10/01/50   1,000,000    593,501 
Rocket          
6.125%, 08/01/30(B)   1,330,000    1,349,086 
Royal Bank of Canada          
5.153%, SOFRRATE + 1.030%, 02/04/31(A)   1,435,000    1,463,257 
4.969%, SOFRRATE + 1.100%, 08/02/30(A)   25,000    25,361 
4.498%, SOFRRATE + 0.890%, 08/06/29(A)   2,765,000    2,766,164 
RWE Finance US          
6.250%, 04/16/54(B)   2,000,000    2,008,780 
Sammons Financial Group Global Funding          
4.950%, 06/12/30(B)   1,370,000    1,377,573 
Santander Holdings USA          
5.353%, SOFRRATE + 1.940%, 09/06/30(A)   2,125,000    2,162,724 
3.244%, 10/05/26   3,020,000    2,970,088 
Santander UK Group Holdings          
5.694%, SOFRINDX + 1.524%, 04/15/31(A)   945,000    977,958 
SBL Holdings          
7.200%, 10/30/34(B)   835,000    814,115 
SiriusPoint          
7.000%, 04/05/29   755,000    791,858 
Sitios Latinoamerica          
6.000%, 11/25/29(B)   655,000    670,622 
Sixth Street Lending Partners          
6.500%, 03/11/29   765,000    788,269 
Societe Generale          
6.221%, H15T1Y + 3.200%, 06/15/33(A)(B)   940,000    974,019 
5.512%, SOFRRATE + 1.650%, 05/22/31(A)(B)   1,855,000    1,891,598 
5.250%, 02/19/27(B)   200,000    201,478 
SoftBank          
4.699%, 07/09/30(B)   960,000    956,777 
Solar Star Funding          
3.950%, 06/30/35(B)   835,667    788,582 
Standard Chartered          
5.244%, H15T1Y + 1.350%, 05/13/31(A)(B)   1,365,000    1,385,711 
Starwood Property Trust          
7.250%, 04/01/29‡(B)   750,000    785,923 
6.500%, 10/15/30‡(B)   263,000    270,790 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
Sumitomo Mitsui Financial Group          
4.660%, SOFRRATE + 1.190%, 07/08/31(A)  $1,380,000   $1,379,312 
Svenska Handelsbanken          
4.375%, 05/23/28(B)   1,075,000    1,078,926 
Synchrony Financial          
6.000%, SOFRRATE + 2.070%, 07/29/36(A)   130,000    130,470 
5.935%, SOFRINDX + 2.130%, 08/02/30(A)   540,000    554,920 
5.450%, SOFRRATE + 1.680%, 03/06/31(A)   360,000    362,471 
Toronto-Dominion Bank          
5.146%, H15T5Y + 1.500%, 09/10/34(A)   4,125,000    4,146,986 
4.574%, 06/02/28   2,380,000    2,389,825 
4.568%, 12/17/26   9,100,000    9,114,604 
TotalEnergies Capital          
5.275%, 09/10/54   680,000    630,955 
Travelers          
5.700%, 07/24/55   575,000    578,930 
Truist Bank          
4.632%, H15T5Y + 1.150%, 09/17/29(A)   2,735,000    2,712,539 
4.420%, SOFRRATE + 0.770%, 07/24/28(A)   1,250,000    1,248,131 
Truist Financial          
5.071%, SOFRRATE + 1.309%, 05/20/31(A)   1,280,000    1,297,733 
4.950%, H15T5Y + 4.605%(A)(C)   3,885,000    3,877,352 
Turkcell Iletisim Hizmetleri          
7.650%, 01/24/32(B)   1,025,000    1,053,202 
UBS Group          
5.125%, H15T5Y + 4.855%(A)(C)   4,090,000    4,076,299 
3.875%, H15T5Y + 3.098%(A)(B)(C)   2,970,000    2,920,374 
UniCredit MTN          
7.296%, USISDA05 + 4.914%, 04/02/34(A)(B)   2,400,000    2,543,884 
Unum Group          
6.750%, 12/15/28   465,000    491,519 
US Bancorp          
5.300%, TSFR3M + 3.176%(A)(C)   1,860,000    1,852,559 
4.839%, SOFRRATE + 1.600%, 02/01/34(A)   1,438,000    1,419,670 
US Bank          
4.507%, SOFRRATE + 0.690%, 10/22/27(A)   1,405,000    1,404,251 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
FINANCIALS — continued 
USAA Capital          
2.125%, 05/01/30(B)  $5,000,000   $4,520,750 
Vale Overseas          
6.400%, 06/28/54   605,000    595,784 
Venture Global Plaquemines LNG          
7.750%, 05/01/35(B)   364,000    398,542 
Weir Group          
5.350%, 05/06/30(B)   665,000    673,524 
Wells Fargo          
5.605%, SOFRRATE + 1.740%, 04/23/36(A)   650,000    669,176 
4.540%, SOFRRATE + 1.560%, 08/15/26(A)   1,500,000    1,499,562 
3.900%, H15T5Y + 3.453%(A)(C)   2,160,000    2,139,848 
3.350%, SOFRRATE + 1.500%, 03/02/33(A)   525,000    480,599 
Western-Southern Global Funding          
4.900%, 05/01/30(B)   280,000    281,911 
4.500%, 07/16/28(B)   1,205,000    1,206,086 
Westpac Banking          
4.354%, 07/01/30   900,000    899,898 
WLB Asset II D Pte          
6.500%, 12/21/26(B)   2,500,000    2,387,172 
WLB Asset VI Pte          
7.250%, 12/21/27(B)   1,500,000    1,555,328 
WLB Asset VII Pte          
5.880%, 07/30/29(B)   500,000    499,489 
         405,884,034 
HEALTH CARE — 0.2% 
Cardinal Health          
5.000%, 11/15/29   1,550,000    1,574,943 
Cigna Group          
7.875%, 05/15/27   651,000    688,324 
CVS Health          
4.125%, 04/01/40   96,000    79,841 
3.750%, 04/01/30   175,000    167,631 
McKesson          
5.250%, 05/30/35   880,000    890,259 
Zoetis          
4.500%, 11/13/25   600,000    599,426 
         4,000,424 
INDUSTRIALS — 0.6% 
3M          
4.800%, 03/15/30   870,000    879,845 
AerCap Ireland Capital DAC          
5.375%, 12/15/31   305,000    311,099 
3.300%, 01/30/32   1,855,000    1,678,207 
3.000%, 10/29/28   225,000    214,129 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
INDUSTRIALS — continued 
Ambipar Lux Sarl          
9.875%, 02/06/31(B)  $490,000   $444,229 
Automatic Data Processing          
4.750%, 05/08/32   1,050,000    1,059,859 
Cummins          
5.300%, 05/09/35   1,490,000    1,508,337 
Delta Air Lines          
5.250%, 07/10/30   410,000    413,866 
Family Forest Impact Foundation          
5.500%, 07/01/32   1,250,000    1,236,648 
General Electric          
4.300%, 07/29/30   430,000    427,906 
JB Hunt Transport Services          
4.900%, 03/15/30   805,000    815,900 
Nature Conservancy          
3.957%, 03/01/52   2,485,000    1,909,995 
Norfolk Southern          
2.300%, 05/15/31   3,500,000    3,097,317 
Protective Life Global Funding          
4.803%, 06/05/30(B)   485,000    488,315 
Ryder System          
5.000%, 03/15/30   425,000    430,462 
Union Pacific Railroad Pass Through Trust          
6.176%, 01/02/31   11,878    12,288 
5.082%, 01/02/29   9,755    9,763 
         14,938,165 
INFORMATION TECHNOLOGY — 0.9% 
Amphenol          
4.375%, 06/12/28   1,110,000    1,112,407 
Analog Devices          
4.250%, 06/15/28   1,155,000    1,154,718 
Apple          
3.000%, 06/20/27   2,500,000    2,451,970 
Arrow Electronics          
5.150%, 08/21/29   845,000    856,866 
Broadcom          
4.900%, 07/15/32   2,045,000    2,053,363 
Dell International          
6.020%, 06/15/26   102,000    102,866 
Intel          
4.150%, 08/05/32   2,500,000    2,352,046 
Kyndryl Holdings          
6.350%, 02/20/34   1,500,000    1,583,721 
3.150%, 10/15/31   1,725,000    1,545,998 
Microchip Technology          
5.050%, 02/15/30   610,000    617,193 
Micron Technology          
5.800%, 01/15/35   960,000    984,475 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
INFORMATION TECHNOLOGY — continued 
Motorola Solutions          
4.850%, 08/15/30  $325,000   $327,172 
Oracle          
5.375%, 09/27/54   2,410,000    2,170,722 
3.900%, 05/15/35   2,445,000    2,192,189 
3.600%, 04/01/40   495,000    390,688 
QUALCOMM          
5.000%, 05/20/35   1,190,000    1,192,061 
Tyco Electronics Group          
4.625%, 02/01/30   1,025,000    1,033,465 
VMware          
1.400%, 08/15/26   525,000    508,615 
         22,630,535 
MATERIALS — 0.7% 
Air Products and Chemicals          
4.800%, 03/03/33   1,500,000    1,504,308 
Alcoa Nederland Holding BV          
7.125%, 03/15/31(B)   1,030,000    1,074,197 
Amcor Flexibles North America          
4.800%, 03/17/28(B)   925,000    930,232 
Cleveland-Cliffs          
6.875%, 11/01/29(B)   495,000    495,340 
Dow Chemical          
5.600%, 02/15/54   250,000    220,927 
5.550%, 11/30/48   35,000    31,217 
5.150%, 02/15/34   2,000,000    1,969,727 
Eastman Chemical          
5.000%, 08/01/29   480,000    485,364 
FMG Resources August 2006 Pty          
6.125%, 04/15/32(B)   2,500,000    2,549,605 
Freeport-McMoRan          
5.250%, 09/01/29   1,532,000    1,547,960 
Inversiones CMPC          
6.125%, 06/23/33(B)   1,060,000    1,095,773 
LD Celulose International GmbH          
7.950%, 01/26/32(B)   375,000    392,062 
Sherwin-Williams          
5.150%, 08/15/35   1,130,000    1,127,590 
Smurfit Kappa Treasury ULC          
5.438%, 04/03/34   2,250,000    2,294,854 
Smurfit Westrock Financing DAC          
5.418%, 01/15/35   800,000    812,181 
         16,531,337 
REAL ESTATE — 0.5% 
AvalonBay Communities          
5.000%, 08/01/35‡   1,045,000    1,031,809 
Cousins Properties          
5.250%, 07/15/30‡   455,000    462,185 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
REAL ESTATE — continued 
ERP Operating          
4.150%, 12/01/28‡  $3,672,000   $3,647,845 
Extra Space Storage          
5.700%, 04/01/28‡   250,000    256,898 
Host Hotels & Resorts          
5.700%, 07/01/34‡   1,525,000    1,531,951 
5.700%, 06/15/32‡   1,175,000    1,192,959 
Omega Healthcare Investors          
5.200%, 07/01/30‡   1,045,000    1,048,006 
Public Storage Operating          
4.375%, 07/01/30‡   1,145,000    1,137,933 
Welltower OP          
5.125%, 07/01/35‡   1,050,000    1,046,368 
WP Carey          
4.650%, 07/15/30‡   465,000    462,073 
         11,818,027 
UTILITIES — 3.5% 
Alabama Power          
3.700%, 12/01/47   1,845,000    1,384,926 
Atmos Energy          
5.200%, 08/15/35   635,000    639,688 
Avangrid          
3.800%, 06/01/29   2,500,000    2,435,989 
California Buyer          
6.375%, 02/15/32(B)   675,000    681,505 
CenterPoint Energy          
6.700%, H15T5Y + 2.586%, 05/15/55(A)   850,000    861,044 
CenterPoint Energy Houston Electric          
3.350%, 04/01/51   2,600,000    1,805,368 
Consolidated Edison of New York          
4.450%, 03/15/44   965,000    832,491 
Continental Wind          
6.000%, 02/28/33(B)   2,254,356    2,288,492 
Dominion Energy          
4.600%, 05/15/28   865,000    868,266 
2.250%, 08/15/31   4,650,000    4,041,230 
Dominion Energy South Carolina          
6.250%, 10/15/53   935,000    1,006,385 
Electricite de France          
3.625%, 10/13/25(B)   1,000,000    997,299 
Entergy Mississippi          
5.800%, 04/15/55   2,125,000    2,122,827 
Essential Utilities          
4.800%, 08/15/27   570,000    573,974 
Georgia Power          
3.250%, 03/15/51   3,368,000    2,303,689 
CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
UTILITIES — continued 
National Rural Utilities Cooperative Finance          
4.150%, 12/15/32  $6,720,000   $6,449,552 
New York State Electric & Gas          
5.850%, 08/15/33(B)   2,500,000    2,622,323 
5.300%, 08/15/34(B)   1,000,000    1,012,483 
2.150%, 10/01/31(B)   3,240,000    2,764,064 
NextEra Energy Capital Holdings          
4.685%, 09/01/27   720,000    723,407 
4.625%, 07/15/27   100,000    100,334 
Niagara Mohawk Power          
5.783%, 09/16/52(B)   836,000    807,395 
1.960%, 06/27/30(B)   3,500,000    3,084,812 
NRG Energy          
7.000%, 03/15/33(B)   2,035,000    2,232,365 
NSTAR Electric          
4.850%, 03/01/30   370,000    375,258 
Oncor Electric Delivery          
4.150%, 06/01/32   2,500,000    2,404,829 
Pacific Gas and Electric          
6.700%, 04/01/53   5,000,000    5,125,921 
6.150%, 03/01/55   895,000    858,070 
5.000%, 06/04/28   315,000    316,719 
4.950%, 07/01/50   2,315,000    1,913,163 
PECO Energy          
4.150%, 10/01/44   1,015,000    837,832 
3.000%, 09/15/49   1,810,000    1,172,484 
PG&E Recovery Funding          
5.529%, 06/01/49   2,500,000    2,458,225 
5.231%, 06/01/42   1,000,000    982,517 
PSEG Power          
5.200%, 05/15/30(B)   700,000    715,080 
Public Service Electric and Gas MTN          
5.125%, 03/15/53   1,250,000    1,166,955 
4.650%, 03/15/33   2,595,000    2,570,554 
3.100%, 03/15/32   4,500,000    4,107,217 
Public Service of New Hampshire          
4.400%, 07/01/28   580,000    581,224 
San Diego Gas & Electric          
4.950%, 08/15/28   1,000,000    1,018,024 
2.950%, 08/15/51   2,500,000    1,577,810 
SCE Recovery Funding          
5.112%, 12/15/47   300,000    282,978 
Sempra          
6.550%, H15T5Y + 2.138%, 04/01/55(A)   2,055,000    1,982,848 
Southern          
3.750%, H15T5Y + 2.915%, 09/15/51(A)   1,450,000    1,426,707 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued 
   Face
Amount
   Value 
UTILITIES — continued 
Southern California Edison          
3.650%, 06/01/51  $3,000,000   $2,024,754 
3.450%, 02/01/52   2,530,000    1,632,031 
2.750%, 02/01/32   2,500,000    2,166,603 
Union Electric          
3.900%, 04/01/52   2,195,000    1,660,933 
XPLR Infrastructure Operating Partners          
8.375%, 01/15/31(B)   1,080,000    1,132,699 
         83,131,343 
Total Corporate Obligations          
(Cost $685,570,226)        673,995,676 
           
MORTGAGE-BACKED SECURITIES — 26.7% 
           
Agency Mortgage-Backed Obligations — 21.8% 
FHLMC          
7.074%, RFUCCT1Y + 1.876%, 01/01/42 (A)  $23,763   $24,624 
7.035%, RFUCCT1Y + 2.035%, 09/01/37 (A)   1,589    1,623 
7.000%, 02/01/54   1,356,167    1,425,085 
7.000%, 11/01/32   126,465    133,031 
7.000%, 10/01/32   4,180    4,397 
7.000%, 09/01/32   8,018    8,434 
7.000%, 07/01/32   1,897    1,996 
7.000%, 06/01/32   32,602    34,295 
6.999%, RFUCCT1Y + 1.788%, 08/01/42 (A)   2,118    2,194 
6.959%, RFUCCT1Y + 1.616%, 11/01/44 (A)   20,792    21,387 
6.920%, RFUCCT1Y + 1.607%, 11/01/44 (A)   206,475    212,923 
6.884%, RFUCCT1Y + 1.785%, 10/01/41 (A)   3,947    4,074 
6.872%, RFUCCT1Y + 1.764%, 11/01/39 (A)   44,097    45,375 
6.772%, RFUCCT1Y + 1.655%, 08/01/44 (A)   200,211    206,332 
6.735%, RFUCCT1Y + 1.628%, 05/01/46 (A)   12,031    12,371 
6.733%, RFUCCT1Y + 1.630%, 01/01/45 (A)   11,346    11,675 
6.714%, RFUCCT1Y + 1.702%, 04/01/38 (A)   58,289    60,185 
6.701%, RFUCCT1Y + 1.959%, 04/01/40 (A)   994    1,019 
6.677%, RFUCCT1Y + 1.625%, 12/01/45 (A)   99,952    102,710 
6.670%, RFUCCT1Y + 1.609%, 10/01/44 (A)   27,439    28,200 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
6.630%, RFUCCT1Y + 1.630%, 05/01/44 (A)  $693   $710 
6.622%, RFUCCT1Y + 1.612%, 01/01/44 (A)   18,353    18,850 
6.600%, RFUCCT1Y + 1.630%, 02/01/45 (A)   115,403    119,005 
6.599%, RFUCCT1Y + 1.724%, 04/01/36 (A)   4,880    4,975 
6.555%, RFUCCT1Y + 1.630%, 02/01/45 (A)   9,496    9,786 
6.500%, 01/01/38   566    600 
6.500%, 11/01/37   1,055    1,074 
6.500%, 09/01/37   12,912    13,150 
6.500%, 08/01/37   1,889    1,972 
6.500%, 12/01/32   45,278    47,107 
6.500%, 12/01/31   1,139    1,176 
6.460%, RFUCCT1Y + 1.630%, 02/01/45 (A)   42,811    43,974 
6.449%, RFUCCT1Y + 1.630%, 12/01/44 (A)   27,253    27,967 
6.385%, RFUCCT1Y + 1.650%, 04/01/43 (A)   26,902    27,558 
6.368%, RFUCCT1Y + 1.630%, 01/01/45 (A)   73,596    75,356 
6.255%, RFUCCT1Y + 1.630%, 07/01/44 (A)   16,332    16,665 
6.000%, 08/01/54   4,269,932    4,330,003 
6.000%, 05/01/39   27,491    28,782 
6.000%, 04/01/39   13,970    14,466 
6.000%, 02/01/39   10,591    11,088 
6.000%, 09/01/38   7,574    7,908 
6.000%, 06/01/38   2,796    2,800 
6.000%, 11/01/36   18,744    19,623 
6.000%, 12/01/33   6,889    7,062 
5.500%, 12/01/54   4,079,208    4,058,383 
5.500%, 06/01/54   1,510,331    1,519,092 
5.500%, 06/01/53   1,595,618    1,601,136 
5.500%, 06/01/37   308    306 
5.500%, 01/01/35   54,264    55,586 
5.000%, 03/01/54   9,463,067    9,249,995 
5.000%, 06/01/53   4,394,854    4,287,374 
5.000%, 04/01/34   3,903    3,936 
4.500%, 09/01/53   3,555,878    3,387,211 
4.500%, 09/01/48   546,542    528,687 
4.500%, 03/01/47   382,171    371,690 
4.500%, 03/01/46   65,848    64,051 
4.500%, 11/01/45   134,893    131,349 
4.500%, 02/01/45   492,390    475,354 
4.500%, 10/01/44   19,958    19,440 
4.500%, 08/01/44   350,516    341,670 
4.500%, 07/01/44   98,486    96,042 
4.500%, 03/01/44   9,160    8,929 
4.500%, 01/01/44   79,594    77,683 
4.500%, 12/01/43   69,296    67,555 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
4.500%, 11/01/43  $7,871   $7,774 
4.500%, 05/01/42   33,819    32,598 
4.500%, 09/01/41   109,327    108,031 
4.500%, 07/01/41   15,052    14,883 
4.500%, 05/01/41   32,051    31,684 
4.500%, 04/01/40   43,912    43,419 
4.500%, 12/01/33   12,606    12,614 
4.500%, 06/01/31   10,722    10,719 
4.500%, 06/01/26   30    30 
4.500%, 02/01/26   446    445 
4.250%, 09/01/42   843,021    791,351 
4.184%, SOFR30A + 2.277%, 09/01/52 (A)   788,682    773,905 
4.000%, 01/01/52   908,931    840,219 
4.000%, 05/01/46   582,872    548,937 
4.000%, 07/01/34   44,358    43,605 
4.000%, 10/01/31   24,155    23,872 
3.500%, 07/01/52   8,259,173    7,431,706 
3.500%, 04/01/52   10,025,286    8,999,321 
3.500%, 02/01/52   446,895    401,190 
3.500%, 01/01/52   2,598,548    2,336,400 
3.500%, 04/01/51   2,339,894    2,103,676 
3.500%, 04/01/37   307,696    296,821 
3.000%, 06/01/52   5,437,762    4,668,348 
3.000%, 03/01/52   1,155,486    1,003,936 
3.000%, 11/01/50   1,537,543    1,329,911 
3.000%, 02/01/50   6,290,547    5,458,743 
2.500%, 05/01/52   2,349,104    1,959,543 
2.500%, 07/01/50   4,283,256    3,562,849 
2.500%, 01/01/36   775,383    725,260 
2.000%, 06/01/52   4,342,734    3,400,738 
2.000%, 04/01/52   1,650,273    1,292,249 
2.000%, 03/01/52   4,173,817    3,309,865 
2.000%, 01/01/52   1,267,167    1,004,753 
2.000%, 04/01/51   3,146,605    2,475,065 
2.000%, 12/01/50   3,223,783    2,564,837 
2.000%, 11/01/50   1,182,826    941,773 
2.000%, 09/01/50   11,087,480    8,753,904 
2.000%, 07/01/50   4,773,696    3,803,285 
2.000%, 02/01/42   1,508,572    1,284,650 
FHLMC Multiclass Certificates, Ser 2024-P016, Cl A2          
4.606%, 09/25/33 (A)   2,500,000    2,494,088 
FHLMC Multifamily ML Certificates          
1.877%, 07/25/37   1,597,551    1,271,304 
1.219%, 07/25/41 (A)(B)   9,715,597    857,025 
FHLMC Multifamily Variable Rate Certificate, Ser M069, Cl A          
4.013%, 04/15/37   1,200,000    1,144,327 
FHLMC Multifamily Variable Rate Certificate, Ser ML-14          
4.050%, 08/25/38   680,504    636,931 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
FHLMC Structured Pass-Through Certificates, Ser 2002-41, Cl 2A          
4.604%, 07/25/32 (A)  $16,041   $14,949 
FHLMC Structured Pass-Through Certificates, Ser 2002-48, Cl 1A          
4.347%, 07/25/33 (A)   148,052    141,887 
FHLMC Structured Pass-Through Certificates, Ser 2002-51, Cl 1A          
6.500%, 09/25/43 (A)   104,575    107,074 
FHLMC Structured Pass-Through Certificates, Ser 2002-51, Cl 2A          
7.500%, 08/25/42 (A)   38,607    39,675 
FHLMC Structured Pass-Through Certificates, Ser 2003-54, Cl 3A          
7.000%, 02/25/43   303,655    312,664 
FHLMC Structured Pass-Through Certificates, Ser 2003-57, Cl 1A2          
7.000%, 07/25/43   17,014    17,839 
FHLMC, Ser 1998-2084, Cl ZC          
6.500%, 08/15/28   15,504    15,736 
FHLMC, Ser 2001-2295, Cl BD          
6.000%, 03/15/31   5,994    6,128 
FHLMC, Ser 2003-2676, Cl PZ          
5.500%, 09/15/33   27,497    28,335 
FHLMC, Ser 2005-2944, Cl OH          
5.500%, 03/15/35   114,927    119,162 
FHLMC, Ser 2005-2957, Cl VZ          
5.000%, 02/15/35   29,745    30,224 
FHLMC, Ser 2006-3143, Cl BC          
5.500%, 02/15/36   87,545    90,924 
FHLMC, Ser 2006-3185, Cl GT          
6.000%, 07/15/26   5,174    5,178 
FHLMC, Ser 2007-3330, Cl GZ          
5.500%, 06/15/37   2,309    2,314 
FHLMC, Ser 2013-299, Cl F1          
4.954%, SOFR30A + 0.614%, 01/15/43 (A)   118,124    116,523 
FHLMC, Ser 2013-4283, Cl EW          
4.500%, 12/15/43 (A)   92,750    91,698 
FHLMC, Ser 2014-4319, Cl MA          
4.500%, 03/15/44 (A)   168,599    166,464 
FHLMC, Ser 2015-4440, Cl ZD          
2.500%, 02/15/45   3,178,490    2,801,251 
FNMA          
7.190%, RFUCCT1Y + 1.580%, 09/01/44 (A)   991    1,019 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
7.110%, RFUCCT1Y + 1.610%, 10/01/47 (A)  $27,466   $28,084 
7.056%, H15T1Y + 1.999%, 09/01/34 (A)   344    351 
7.053%, RFUCCT1Y + 1.686%, 11/01/36 (A)   4,458    4,518 
7.031%, RFUCCT1Y + 1.790%, 06/01/38 (A)   3,174    3,286 
7.000%, 12/01/37   174    183 
7.000%, 08/01/32   79,960    84,024 
7.000%, 11/01/29   21,723    22,827 
6.923%, H15T1Y + 2.300%, 08/01/34 (A)   6,166    6,305 
6.797%, RFUCCT1Y + 1.815%, 07/01/41 (A)   31,643    32,634 
6.742%, RFUCCT1Y + 1.577%, 10/01/44 (A)   98,695    101,700 
6.714%, RFUCCT1Y + 1.786%, 12/01/39 (A)   9,150    9,395 
6.655%, RFUCCT1Y + 1.580%, 11/01/44 (A)   9,187    9,463 
6.643%, RFUCCT1Y + 1.698%, 04/01/44 (A)   55,395    57,417 
6.583%, RFUCCT1Y + 1.583%, 02/01/44 (A)   13,121    13,556 
6.580%, RFUCCT1Y + 1.580%, 04/01/44 (A)   78,726    81,218 
6.542%, RFUCCT1Y + 1.566%, 05/01/44 (A)   36,842    37,980 
6.507%, RFUCCT1Y + 1.551%, 02/01/44 (A)   6,881    7,099 
6.500%, 01/01/54   1,226,188    1,265,187 
6.500%, 01/01/49   4,912    5,177 
6.500%, 10/01/39   28,423    29,964 
6.500%, 08/01/39   12,468    13,195 
6.500%, 10/01/38   9,742    10,256 
6.500%, 03/01/38   3,216    3,350 
6.500%, 02/01/38   2,841    3,007 
6.500%, 12/01/37   10,933    11,570 
6.500%, 11/01/37   721    762 
6.500%, 03/01/35   116,963    121,461 
6.500%, 05/01/33   1,484    1,531 
6.500%, 12/01/32   5,602    5,835 
6.500%, 08/01/32   13,615    14,044 
6.496%, RFUCCT1Y + 1.568%, 05/01/45 (A)   164,347    169,182 
6.450%, RFUCCT1Y + 1.554%, 01/01/45 (A)   15,993    16,461 
6.450%, RFUCCT1Y + 1.590%, 12/01/44 (A)   75,619    77,892 
6.425%, RFUCCT1Y + 1.550%, 02/01/44 (A)   620    633 
6.420%, RFUCCT1Y + 1.580%, 09/01/47 (A)   91,898    94,608 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
6.409%, RFUCCT1Y + 1.564%, 01/01/44 (A)  $50,778   $52,052 
6.393%, RFUCCT1Y + 1.561%, 06/01/44 (A)   34,100    35,114 
6.354%, RFUCCT1Y + 1.460%, 05/01/35 (A)   16,367    16,835 
6.353%, RFUCCT1Y + 1.685%, 06/01/42 (A)   5,338    5,463 
6.304%, RFUCCT1Y + 1.590%, 07/01/44 (A)   70,885    73,015 
6.294%, RFUCCT1Y + 1.579%, 08/01/43 (A)   2,684    2,760 
6.225%, RFUCCT1Y + 1.600%, 12/01/44 (A)   16,527    17,010 
6.197%, RFUCCT1Y + 1.470%, 06/01/35 (A)   2,029    2,067 
6.000%, 07/01/39   44,328    46,185 
6.000%, 05/01/38   23,837    24,926 
6.000%, 08/01/37   55,350    56,726 
6.000%, 07/01/37   16,206    16,895 
6.000%, 03/01/37   7,322    7,656 
6.000%, 09/01/36   38,973    39,885 
6.000%, 03/01/36   4,562    4,667 
6.000%, 11/01/35   7,778    7,978 
6.000%, 07/01/35   3,298    3,389 
6.000%, 04/01/35   33,463    34,437 
6.000%, 04/01/34   8,162    8,356 
6.000%, 03/01/34   117,082    120,111 
6.000%, 12/01/33   2,084    2,135 
6.000%, 11/01/33   2,199    2,246 
6.000%, 12/01/32   2,601    2,664 
5.500%, 09/01/53   1,819,456    1,824,570 
5.500%, 02/01/38   2,060    2,063 
5.500%, 04/01/37   77,765    79,006 
5.500%, 09/01/36   6,624    6,736 
5.500%, 10/01/35   35,210    35,981 
5.500%, 04/01/35   101,651    104,427 
5.500%, 11/01/33   4,029    4,094 
5.500%, 06/01/33   22,115    22,496 
5.500%, 11/01/29   2,524    2,553 
5.308%, RFUCCT1Y + 1.653%, 05/01/46 (A)   20,613    21,051 
5.077%, RFUCCT1Y + 1.602%, 10/01/48 (A)   82,842    85,248 
5.000%, 11/01/54   1,950,515    1,914,321 
5.000%, 06/01/52   1,223,016    1,201,359 
5.000%, 03/01/49   150,301    148,644 
5.000%, 12/01/48   125,846    124,912 
5.000%, 08/01/40   11,218    11,285 
5.000%, 09/01/39   29,910    30,042 
4.500%, 03/01/52   281,556    267,944 
4.500%, 06/01/48   230,323    222,559 
4.500%, 07/01/47   70,277    68,655 
4.500%, 02/01/46   477,204    470,684 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
4.500%, 09/01/45  $38,532   $37,464 
4.500%, 02/01/45   167,698    163,394 
4.500%, 10/01/44   20,086    19,512 
4.500%, 09/01/43   5,866    5,715 
4.500%, 01/01/43   412,941    403,383 
4.500%, 07/01/42   154,631    152,541 
4.500%, 01/01/42   45,676    45,115 
4.500%, 12/01/41   23,243    22,794 
4.500%, 11/01/41   21,062    20,717 
4.500%, 09/01/41   10,529    10,317 
4.500%, 08/01/41   11,554    11,331 
4.500%, 05/01/41   777,201    766,029 
4.500%, 06/01/36   16,781    16,610 
4.500%, 09/01/31   26,164    26,120 
4.500%, 06/01/31   7,354    7,342 
4.500%, 01/01/31   61,714    61,464 
4.500%, 08/01/26   4,956    4,943 
4.000%, 01/01/57   5,244,233    4,850,559 
4.000%, 10/01/52   2,288,773    2,121,557 
4.000%, 08/01/52   1,062,983    983,224 
4.000%, 04/01/52   1,423,361    1,323,185 
4.000%, 10/01/51   1,273,226    1,181,319 
4.000%, 04/01/48   1,386,506    1,303,961 
4.000%, 03/01/46   2,990,926    2,819,156 
4.000%, 01/01/37   259,814    254,339 
4.000%, 11/01/35   45,653    44,791 
4.000%, 01/01/35   771,937    757,663 
4.000%, 10/01/34   345,799    340,827 
4.000%, 06/01/34   430,405    423,252 
4.000%, 03/01/34   171,818    168,845 
4.000%, 11/01/33   277,176    272,686 
4.000%, 10/01/33   34,932    34,223 
4.000%, 10/01/32   30,271    29,851 
4.000%, 09/01/31   87,161    86,058 
4.000%, 12/01/30   124,778    123,307 
4.000%, 11/01/30   89,980    88,920 
3.713%, SOFR30A + 2.238%, 10/01/52 (A)   2,956,126    2,868,191 
3.672%, RFUCCT1Y + 1.620%, 11/01/48 (A)   187,476    191,596 
3.500%, 05/01/52   3,714,112    3,330,759 
3.500%, 04/01/52   6,351,400    5,734,698 
3.500%, 03/01/52   1,609,875    1,443,718 
3.500%, 01/01/52   1,814,563    1,632,037 
3.500%, 11/01/51   1,074,871    963,661 
3.500%, 04/01/37   267,373    255,906 
3.500%, 02/01/31   286,211    281,537 
3.500%, 12/01/29   96,919    95,448 
3.000%, 05/01/52   864,772    751,074 
3.000%, 04/01/52   2,757,206    2,394,218 
3.000%, 03/01/52   1,385,031    1,202,072 
3.000%, 11/01/51   1,896,632    1,642,150 
3.000%, 08/01/50   1,540,875    1,357,936 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
3.000%, 07/01/50  $936,621   $815,547 
3.000%, 04/01/50   1,418,272    1,234,960 
2.500%, 04/01/52   4,277,360    3,547,323 
2.500%, 03/01/52   1,501,812    1,252,279 
2.500%, 02/01/52   5,214,235    4,317,826 
2.500%, 01/01/52   4,048,460    3,326,273 
2.500%, 10/01/51   1,569,539    1,288,065 
2.500%, 08/01/51   2,788,219    2,324,753 
2.500%, 07/01/51   2,456,194    2,023,465 
2.500%, 02/01/51   1,636,275    1,359,720 
2.500%, 01/01/51   1,037,645    865,519 
2.500%, 11/01/50   5,123,273    4,281,466 
2.500%, 10/01/50   6,856,380    5,705,933 
2.500%, 07/01/50   8,276,729    6,888,895 
2.500%, 03/01/43   1,590,893    1,402,292 
2.500%, 06/01/42   2,586,600    2,279,165 
2.500%, 10/01/41   1,175,934    1,039,281 
2.500%, 05/01/41   775,119    686,654 
2.000%, 12/01/51   1,496,999    1,174,299 
2.000%, 11/01/51   6,110,496    4,807,052 
2.000%, 10/01/51   2,944,237    2,346,488 
2.000%, 09/01/51   1,448,190    1,151,872 
2.000%, 08/01/51   1,604,344    1,261,195 
2.000%, 02/01/51   1,079,847    857,094 
2.000%, 01/01/51   2,766,244    2,202,125 
2.000%, 12/01/50   453,517    361,037 
2.000%, 10/01/50   1,552,163    1,227,865 
2.000%, 08/01/50   649,038    516,042 
2.000%, 09/01/36   1,039,696    949,656 
1.500%, 10/01/50   1,645,339    1,222,254 
FNMA Grantor Trust, Ser 2000-T6, Cl A1          
7.500%, 11/25/40   11,355    11,344 
FNMA Grantor Trust, Ser 2001-T1, Cl A1          
7.500%, 10/25/40   96,934    97,310 
FNMA Grantor Trust, Ser 2001-T10, Cl A1          
7.000%, 12/25/41   59,482    60,310 
FNMA Grantor Trust, Ser 2001-T12, Cl A1          
6.500%, 08/25/41   2,072    2,087 
FNMA Grantor Trust, Ser 2001-T3, Cl A1          
7.500%, 11/25/40   5,791    5,881 
FNMA Grantor Trust, Ser 2001-T4, Cl A1          
7.500%, 07/25/41   28,797    29,082 
FNMA Grantor Trust, Ser 2001-T7, Cl A1          
7.500%, 02/25/41   1,332    1,390 
FNMA Grantor Trust, Ser 2001-T8, Cl A1          
7.500%, 07/25/41   3,465    3,496 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
FNMA Grantor Trust, Ser 2004-T1, Cl 1A2          
6.500%, 01/25/44  $864   $883 
FNMA REMIC Trust, Ser 2001-W3, Cl A          
7.000%, 09/25/41 (A)   50,920    50,770 
FNMA REMIC Trust, Ser 2002-W6, Cl 2A          
7.500%, 06/25/42 (A)   3,989    3,975 
FNMA REMIC Trust, Ser 2002-W6, Cl 2A1          
7.000%, 06/25/42 (A)   3,989    3,951 
FNMA REMIC Trust, Ser 2003-W4, Cl 3A          
4.561%, 10/25/42 (A)   46,419    49,451 
FNMA REMIC Trust, Ser 2003-W4, Cl 4A          
5.177%, 10/25/42 (A)   17,907    18,229 
FNMA Trust, Ser 2003-W2, Cl 1A3          
7.500%, 07/25/42   5,674    5,907 
FNMA Trust, Ser 2004-W2, Cl 2A2          
7.000%, 02/25/44   8,029    8,284 
FNMA Trust, Ser 2004-W2, Cl 5A          
7.500%, 03/25/44   2,711    2,798 
FNMA, Ser 2001-2, Cl ZK          
6.500%, 02/25/31   18,536    18,976 
FNMA, Ser 2001-79, Cl BA          
7.000%, 03/25/45   6,765    6,844 
FNMA, Ser 2002-33, Cl A1          
7.000%, 06/25/32   49,062    49,631 
FNMA, Ser 2007-104, Cl ZE          
6.000%, 08/25/37   12,140    12,541 
FNMA, Ser 2007-21, Cl MT          
5.750%, 03/25/37   2,679    2,733 
FNMA, Ser 2009-11, Cl MP          
7.000%, 03/25/49   4,306    4,623 
FNMA, Ser 2010-136, Cl BA          
3.500%, 12/25/30   104,541    102,325 
FNMA, Ser 2010-49, Cl ZJ          
4.500%, 05/25/40   34,505    34,360 
FNMA, Ser 2012-132, Cl IK, IO          
3.000%, 12/25/32   1,328,178    90,323 
FNMA, Ser 2013-128, Cl CF          
5.065%, SOFR30A + 0.714%, 12/25/43 (A)   206,346    206,094 
FNMA, Ser 2014-1, Cl KF          
5.065%, SOFR30A + 0.714%, 02/25/44 (A)   292,232    289,003 
FNMA, Ser 2020-61, Cl NI, IO          
3.500%, 09/25/50   2,188,735    360,312 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
FNMA, Ser M1G, Cl A2          
1.468%, 11/25/30 (A)  $1,925,000   $1,661,252 
FNMA, Ser M3G, Cl A2          
1.245%, 01/25/31 (A)   2,000,000    1,704,945 
GNMA          
7.000%, 12/15/29   385    398 
6.500%, 05/15/29   601    615 
6.000%, 02/20/55   10,850,127    11,004,669 
6.000%, 01/20/55   13,373,572    13,564,056 
6.000%, 12/20/54   5,031,422    5,103,086 
6.000%, 11/20/54   12,416,841    12,593,699 
6.000%, 10/20/54   7,840,686    7,952,364 
6.000%, 09/20/54   16,817,631    17,060,956 
6.000%, 08/20/54   17,797,156    18,063,110 
6.000%, 07/20/54   15,665,899    15,907,485 
6.000%, 06/20/54   6,420,721    6,524,693 
6.000%, 05/20/54   6,848,684    6,961,511 
6.000%, 04/20/54   13,389,489    13,617,603 
6.000%, 02/20/54   16,481,106    16,771,158 
6.000%, 12/20/53   3,629,868    3,696,820 
6.000%, 11/20/53   6,038,237    6,153,629 
6.000%, 10/20/53   4,190,832    4,269,094 
5.500%, 09/20/54   3,914,676    3,909,106 
5.500%, 02/20/53   1,605,202    1,610,338 
5.000%, 12/20/53   8,115,045    7,929,543 
5.000%, 02/20/53   561,378    550,391 
5.000%, 11/20/52   2,870,256    2,817,190 
4.500%, 12/20/52   1,969,613    1,879,616 
4.500%, 10/20/52   4,223,540    4,034,556 
4.500%, 09/20/52   917,315    875,727 
4.500%, 08/20/52   5,303,326    5,075,878 
4.000%, 09/20/52   1,845,431    1,714,763 
4.000%, 08/20/52   8,905,299    8,273,379 
4.000%, 04/20/52   95,400    88,546 
4.000%, 03/20/52   98,814    91,714 
4.000%, 02/20/52   1,391,025    1,291,229 
4.000%, 01/20/52   1,059,360    983,469 
4.000%, 12/20/48   1,158,619    1,077,666 
3.500%, 08/20/52   12,017,068    10,840,177 
3.500%, 07/20/52   1,610,550    1,450,320 
3.500%, 04/20/52   3,796,340    3,427,877 
3.500%, 03/20/52   1,700,946    1,534,053 
3.500%, 02/20/52   1,235,616    1,115,333 
3.500%, 01/20/52   1,304,672    1,177,472 
3.500%, 06/20/51   1,296,890    1,172,257 
3.500%, 01/20/50   798,752    729,464 
3.500%, 10/20/49   2,423,784    2,173,426 
3.000%, 03/20/52   335,897    293,625 
3.000%, 01/20/52   2,765,577    2,421,708 
3.000%, 12/20/51   4,798,310    4,200,463 
3.000%, 10/20/51   1,596,293    1,396,489 
3.000%, 07/20/51   2,233,902    1,954,818 
3.000%, 05/20/51   1,029,608    900,428 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
2.500%, 03/20/53  $3,497,586   $2,945,984 
2.500%, 07/20/52   1,278,552    1,076,382 
2.500%, 04/20/52   2,217,677    1,866,891 
2.500%, 03/20/52   2,812,154    2,363,464 
2.500%, 08/20/51   1,366,098    1,149,448 
2.500%, 05/20/51   708,259    596,186 
2.500%, 03/20/51   2,480,243    2,087,602 
2.500%, 12/20/50   1,380,732    1,139,566 
2.000%, 10/20/51   1,528,591    1,234,258 
2.000%, 01/20/51   1,947,144    1,572,351 
2.000%, 12/20/50   1,392,792    1,113,428 
2.000%, 11/20/50   3,041,077    2,456,294 
GNMA, Ser 2012-98, Cl BM          
4.874%, 08/20/42 (A)   132,604    134,474 
GNMA, Ser 2015-142, Cl KI, IO          
4.500%, 04/20/45   1,802,754    298,393 
GNMA, Ser 2016-84, Cl IB, IO          
4.500%, 11/16/45   1,771,851    344,899 
GNMA, Ser 2017-H17, Cl FQ          
5.581%, TSFR12M + 0.985%, 09/20/67 (A)   908,516    914,756 
GNMA, Ser 2017-H22, Cl FH          
4.753%, TSFR12M + 0.935%, 11/20/67 (A)   580,600    583,382 
GNMA, Ser 2017-H24, Cl FQ          
5.106%, TSFR12M + 0.915%, 11/20/67 (A)   619,712    623,571 
GNMA, Ser 2018-H04, Cl FK          
4.914%, TSFR12M + 0.755%, 03/20/68 (A)   751,748    753,100 
GNMA, Ser 2018-H05, Cl CF          
4.934%, TSFR12M + 0.775%, 03/20/68 (A)   868,042    870,103 
GNMA, Ser 2018-H05, Cl FE          
4.944%, TSFR12M + 0.785%, 02/20/68 (A)   287,378    288,679 
GNMA, Ser 2019-20, Cl IC, IO          
5.000%, 02/20/49   1,623,644    347,103 
GNMA, Ser 2019-H09, Cl FG          
5.025%, TSFR12M + 1.065%, 05/20/69 (A)   291,142    293,886 
GNMA, Ser 2019-H16, Cl CF          
5.137%, TSFR1M + 0.814%, 10/20/69 (A)   281,334    280,393 
GNMA, Ser 2020-H01, Cl FV          
5.087%, TSFR1M + 0.764%, 01/20/70 (A)   3,340,352    3,322,488 
GNMA, Ser 2020-H02, Cl FB          
5.037%, TSFR1M + 0.714%, 01/20/70 (A)   450,725    447,412 
GNMA, Ser 2022-H04, Cl FG          
4.898%, SOFR30A + 0.550%, 02/20/67 (A)   1,091,915    1,089,660 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
GNMA, Ser 2022-H08, Cl FE          
5.052%, SOFR30A + 0.750%, 03/20/72 (A)  $1,908,230   $1,896,856 
GNMA, Ser 2022-H09, Cl FA          
5.018%, SOFR30A + 0.670%, 04/20/72 (A)   2,000,780    1,981,783 
GNMA, Ser 2022-H11, Cl EF          
5.318%, SOFR30A + 0.970%, 05/20/72 (A)   2,350,679    2,360,817 
GNMA, Ser 2023-H04, Cl FC          
5.198%, SOFR30A + 0.850%, 01/20/73 (A)   1,934,824    1,930,047 
GNMA, Ser 2023-H13, Cl FJ          
5.768%, SOFR30A + 1.420%, 02/20/73 (A)   1,195,727    1,213,091 
GNMA, Ser 29, Cl AE          
3.500%, 05/16/64 (A)   2,912,727    2,769,578 
         515,325,353 
Non-Agency Mortgage-Backed Obligations — 4.9% 
ALA Trust, Ser OANA, Cl A          
6.085%, TSFR1M + 1.743%, 06/15/40 (A)(B)   310,000    311,744 
BANK5, Ser 5YR10, Cl D          
4.000%, 10/15/57 (B)   2,100,000    1,821,131 
BANK5, Ser 5YR12, Cl D          
4.000%, 12/15/57 (B)   1,160,000    1,008,388 
BANK5, Ser 5YR14, Cl C          
6.463%, 04/15/58 (A)   1,551,000    1,582,209 
Barclays Commercial Mortgage Trust, Ser 2019-C4, Cl C          
3.469%, 08/15/52   1,300,000    1,084,001 
BBCMS Mortgage Trust, Ser 2018-TALL, Cl A          
5.261%, TSFR1M + 0.919%, 03/15/37 (A)(B)   1,840,000    1,748,308 
BBCMS Mortgage Trust, Ser 2023-C19, Cl C          
6.383%, 04/15/56 (A)   590,000    569,016 
BBCMS Mortgage Trust, Ser 5C27, Cl C          
6.700%, 07/15/57 (A)   1,300,000    1,339,323 
BBCMS Mortgage Trust, Ser C17, Cl C          
5.450%, 09/15/55 (A)   2,200,000    2,087,985 
BBCMS Mortgage Trust, Ser C32, Cl D          
4.500%, 02/15/62 (B)   2,725,000    2,215,929 
Benchmark Mortgage Trust, Ser 2019-B10, Cl E          
3.000%, 03/15/62 (B)   1,260,000    846,070 
Benchmark Mortgage Trust, Ser 2022-B35, Cl D          
2.500%, 05/15/55 (B)   3,265,000    2,211,446 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Benchmark Mortgage Trust, Ser B10, Cl C          
3.750%, 03/15/62  $1,260,000   $1,037,667 
Benchmark Mortgage Trust, Ser V15, Cl C          
6.268%, 06/15/58   965,000    980,389 
Benchmark Mortgage Trust, Ser V7, Cl A3          
6.228%, 05/15/56 (A)   400,000    418,805 
BMO Mortgage Trust, Ser 2023-C7, Cl C          
7.123%, 12/15/56 (A)   2,250,000    2,387,822 
BMO Mortgage Trust, Ser 5C4, Cl C          
7.019%, 05/15/57 (A)   3,100,000    3,187,910 
BMO Mortgage Trust, Ser 5C5, Cl D          
4.500%, 02/15/57 (B)   2,000,000    1,757,224 
BMO Mortgage Trust, Ser C12, Cl C          
6.393%, 06/15/58 (A)   2,320,000    2,363,275 
BMO Mortgage Trust, Ser C9, Cl C          
6.380%, 07/15/57 (A)   1,400,000    1,396,060 
BX Commercial Mortgage Trust, Ser 2022-AHP, Cl AS          
5.832%, TSFR1M + 1.490%, 01/17/39 (A)(B)   2,500,000    2,498,438 
BX Trust, Ser 2022-CLS, Cl B          
6.300%, 10/13/27 (B)   2,100,000    2,107,808 
BX Trust, Ser 2024-VLT4, Cl A          
5.833%, TSFR1M + 1.491%, 07/15/29 (A)(B)   685,000    685,428 
BX Trust, Ser VLT7, Cl A          
6.000%, TSFR1M + 1.700%, 07/15/44 (A)(B)   2,025,000    2,031,958 
Century Plaza Towers, Ser 2019-CPT, Cl A          
2.865%, 11/13/39 (B)   675,000    613,381 
Century Plaza Towers, Ser 2019-CPT, Cl B          
2.997%, 11/13/39 (A)(B)   733,000    655,217 
Century Plaza Towers, Ser 2019-CPT, Cl C          
2.997%, 11/13/39 (A)(B)   500,000    435,792 
Century Plaza Towers, Ser 2019-CPT, Cl E          
2.997%, 11/13/39 (A)(B)   2,000,000    1,620,087 
COMM Mortgage Trust, Ser 2022-HC, Cl A          
2.819%, 01/10/39 (B)   1,390,000    1,321,127 
COMM Mortgage Trust, Ser 2022-HC, Cl C          
3.376%, 01/10/39 (B)   1,570,000    1,462,614 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
COMM Mortgage Trust, Ser CBM, Cl A2          
5.867%, 12/10/41 (A)(B)  $180,000   $181,744 
CSMC OA, Ser 2014-USA, Cl A2          
3.953%, 09/15/37 (B)   1,230,000    1,125,450 
CSMC Trust, Ser 2021-NQM5, Cl M1          
2.168%, 05/25/66 (A)(B)   1,310,000    880,115 
DC Commercial Mortgage Trust, Ser DC, Cl A          
6.314%, 09/12/40 (B)   820,000    853,202 
FREMF Mortgage Trust, Ser 2017-K69, Cl C          
3.726%, 10/25/49 (A)(B)   2,788,000    2,693,931 
FREMF Mortgage Trust, Ser 2018-K83, Cl C          
4.279%, 11/25/51 (A)(B)   2,890,000    2,828,914 
GS Mortgage Securities Trust, Ser 2013-PEMB, Cl A          
3.550%, 03/05/33 (A)(B)   110,000    95,700 
Hudson Yards Mortgage Trust, Ser 2016-10HY, Cl A          
2.835%, 08/10/38 (B)   1,750,000    1,707,098 
Hudson Yards Mortgage Trust, Ser 2019-55HY, Cl A          
2.943%, 12/10/41 (A)(B)   1,000,000    922,726 
IRV Trust, Ser 200P, Cl C          
5.730%, 03/14/47 (A)(B)   3,625,000    3,578,348 
Jackson Park Trust, Ser 2019-LIC, Cl A          
2.766%, 10/14/39 (B)   1,000,000    899,232 
JP Morgan Chase Commercial Mortgage Securities Trust, Ser BMS, Cl A          
5.942%, TSFR1M + 1.600%, 01/15/42 (A)(B)   610,000    607,331 
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C28, Cl C          
4.238%, 10/15/48 (A)   5,170,000    5,080,559 
NW RE-REMIC TRUST, Ser 2021-FRR1, Cl AK88          
2.769%, 12/18/51 (A)(B)   2,500,000    2,216,343 
NYC Commercial Mortgage Trust, Ser 300P, Cl A          
4.879%, 07/13/42 (A)(B)   2,550,000    2,532,401 
OBX Trust, Ser 2022-NQM1, Cl M1          
3.504%, 11/25/61 (A)(B)   1,010,000    712,107 
One Bryant Park Trust, Ser 2019-OBP, Cl A          
2.516%, 09/15/54 (B)   3,385,000    3,065,284 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Onslow Bay Mortgage Loan Trust, Ser 2021-NQM4, Cl M1          
3.248%, 10/25/61 (B)  $1,750,000   $1,173,870 
PENN Commercial Mortgage Trust, Ser P11, Cl A          
5.522%, 08/12/42 (A)(B)   2,500,000    2,506,570 
RFM Reremic Trust, Ser 2024-FRR2, Cl A123          
2.015%, 02/27/54 (A)(B)   2,800,000    2,324,331 
SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A1          
3.872%, 01/05/43 (A)(B)   3,045,000    2,588,584 
SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A2B          
4.144%, 01/05/43 (A)(B)   5,447,000    4,649,766 
SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl C          
4.388%, 01/05/43 (A)(B)   2,565,000    2,065,503 
SLG Office Trust, Ser 2021-OVA, Cl C          
2.851%, 07/15/41 (B)   2,500,000    2,174,482 
STWD Mortgage Trust, Ser 2021-LIH, Cl AS          
5.713%, TSFR1M + 1.371%, 11/15/36 (A)(B)   1,000,000    997,506 
TCO Commercial Mortgage Trust, Ser DPM, Cl A          
5.585%, TSFR1M + 1.243%, 12/15/39 (A)(B)   510,000    510,478 
Vendee Mortgage Trust, Ser 2011-2, Cl DZ          
3.750%, 10/15/41   1,208,999    1,128,596 
Verus Securitization Trust, Ser 2021-1, Cl A1          
0.815%, 01/25/66 (A)(B)   3,404,787    3,023,349 
Verus Securitization Trust, Ser 2021-2, Cl M1          
2.187%, 02/25/66 (A)(B)   2,910,000    2,232,376 
Verus Securitization Trust, Ser 2021-4, Cl M1          
2.195%, 07/25/66 (A)(B)   1,400,000    904,124 
Verus Securitization Trust, Ser 2021-5, Cl A2          
1.218%, 09/25/66 (A)(B)   1,830,197    1,568,065 
Verus Securitization Trust, Ser 2021-5, Cl A3          
1.373%, 09/25/66 (A)(B)   1,816,640    1,558,943 
Verus Securitization Trust, Ser 2021-R3, Cl M1          
2.411%, 04/25/64 (A)(B)   2,745,000    2,402,957 
MORTGAGE-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Verus Securitization Trust, Ser 2024-3, Cl A2          
6.642%, 04/25/69 (B)(D)  $2,187,340   $2,209,767 
Verus Securitization Trust, Ser 2024-9, Cl M1          
6.198%, 11/25/69 (A)(B)   1,820,000    1,822,465 
Verus Securitization Trust, Ser 2025-1, Cl A3          
5.976%, 01/25/70 (B)(D)   1,868,670    1,869,869 
Verus Securitization Trust, Ser 2025-2, Cl A3          
5.662%, 03/25/70 (B)(D)   3,198,727    3,192,762 
WB Commercial Mortgage Trust, Ser 2024-HQ, Cl A          
5.937%, 03/15/40 (A)(B)   500,000    500,891 
Wells Fargo Commercial Mortgage Trust, Ser 2019-C52, Cl C          
3.561%, 08/15/52   1,100,000    923,639 
Wells Fargo Commercial Mortgage Trust, Ser 2022-C62, Cl A4          
4.000%, 04/15/55 (A)   420,000    394,622 
Wells Fargo Commercial Mortgage Trust, Ser 2024-SVEN, Cl A          
6.011%, 06/10/37 (B)   1,650,000    1,685,341 
Wells Fargo Commercial Mortgage Trust, Ser 5C4, Cl C          
6.284%, 05/15/58 (A)   738,000    747,121 
WHARF Commercial Mortgage Trust, Ser DC, Cl D          
6.612%, 07/15/40 (A)(B)   1,000,000    1,024,109 
         119,947,123 
Total Mortgage-Backed Securities          
(Cost $659,979,294)        635,272,476 
           
ASSET-BACKED SECURITIES — 9.2% 
           
Automotive — 6.0%          
American Credit Acceptance Receivables Trust, Ser 2023-4, Cl D          
7.650%, 09/12/30 (B)  $1,155,000   $1,193,942 
American Credit Acceptance Receivables Trust, Ser 2024-1, Cl D          
5.860%, 05/13/30 (B)   4,560,000    4,608,292 
American Credit Acceptance Receivables Trust, Ser 2025-2, Cl C          
5.110%, 03/12/31 (B)   525,000    527,190 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
AutoNation Finance Trust, Ser 2025-1A, Cl A3          
4.620%, 11/13/29 (B)  $370,000   $371,309 
Avis Budget Rental Car Funding AESOP, Ser 2025-2A, Cl A          
5.120%, 08/20/31 (B)   550,000    557,956 
BMW Vehicle Lease Trust, Ser 2024-2, Cl A3          
4.180%, 10/25/27   545,000    543,450 
BMW Vehicle Lease Trust, Ser 2025-1, Cl A3          
4.430%, 06/26/28   285,000    285,524 
BofA Auto Trust, Ser 2025-1A, Cl A3          
4.350%, 11/20/29 (B)   255,000    255,298 
Bridgecrest Lending Auto Securitization Trust, Ser 2024-3, Cl A3          
5.340%, 04/17/28   480,000    481,058 
Bridgecrest Lending Auto Securitization Trust, Ser 2024-3, Cl B          
5.370%, 10/16/28   615,000    618,162 
Bridgecrest Lending Auto Securitization Trust, Ser 2025-2, Cl A3          
4.780%, 12/15/28   820,000    820,612 
Bridgecrest Lending Auto Securitization Trust, Ser 2025-2, Cl D          
5.620%, 03/17/31   7,915,000    8,008,866 
Bridgecrest Lending Auto Securitization Trust, Ser 2025-3, Cl A3          
4.830%, 01/15/29   370,000    370,013 
CarMax Auto Owner Trust, Ser 2024-3, Cl A3          
4.890%, 07/16/29   790,000    796,423 
CarMax Auto Owner Trust, Ser 2024-4, Cl A3          
4.600%, 10/15/29   1,475,000    1,481,544 
CarMax Auto Owner Trust, Ser 2025-2, Cl A3          
4.480%, 03/15/30   480,000    481,361 
CarMax Select Receivables Trust, Ser 2025-A, Cl A3          
4.770%, 09/17/29   745,000    747,569 
Carvana Auto Receivables Trust, Ser 2024-P4, Cl A3          
4.640%, 01/10/30   225,000    225,308 
Carvana Auto Receivables Trust, Ser 2025-P2, Cl A4          
4.750%, 06/10/31   1,005,000    1,012,203 
ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
CPS Auto Receivables Trust, Ser 2024-B, Cl D          
6.420%, 07/15/30 (B)  $2,965,000   $3,040,991 
Credit Acceptance Auto Loan Trust, Ser 2024-3A, Cl A          
4.680%, 09/15/34 (B)   2,275,000    2,274,731 
Credit Acceptance Auto Loan Trust, Ser 2025-1A, Cl A          
5.020%, 03/15/35 (B)   925,000    930,936 
Drive Auto Receivables Trust, Ser 2024-2, Cl B          
4.520%, 07/16/29   765,000    763,461 
Drive Auto Receivables Trust, Ser 2025-S1, Cl R2          
6.260%, 06/16/29 (B)   5,308,585    5,321,640 
Enterprise Fleet Financing, Ser 2024-3, Cl A4          
5.060%, 03/20/31 (B)   840,000    852,692 
Enterprise Fleet Financing, Ser 2025-1, Cl A3          
4.820%, 02/20/29 (B)   335,000    338,197 
Enterprise Fleet Financing, Ser 2025-3, Cl A3          
4.460%, 09/20/29 (B)   865,000    868,994 
Exeter Automobile Receivables Trust, Ser 2021-2A, Cl E          
2.900%, 07/17/28 (B)   1,590,000    1,564,381 
Exeter Automobile Receivables Trust, Ser 2022-5A, Cl D          
7.400%, 02/15/29   3,945,000    4,013,993 
Exeter Automobile Receivables Trust, Ser 2023-4A, Cl D          
6.950%, 12/17/29   1,100,000    1,134,390 
Exeter Automobile Receivables Trust, Ser 2024-1A, Cl D          
5.840%, 06/17/30   4,215,000    4,277,222 
Exeter Automobile Receivables Trust, Ser 2024-2A, Cl D          
5.920%, 02/15/30   2,850,000    2,893,483 
Exeter Automobile Receivables Trust, Ser 2024-4A, Cl C          
5.480%, 08/15/30   700,000    705,035 
Exeter Automobile Receivables Trust, Ser 2025-2A, Cl A3          
4.740%, 01/16/29   1,240,000    1,242,268 
Exeter Select Automobile Receivables Trust, Ser 2025-1, Cl A3          
4.690%, 04/15/30   210,000    210,142 
Flagship Credit Auto Trust, Ser 2021-2, Cl D          
1.590%, 06/15/27 (B)   4,000,000    3,921,673 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Flagship Credit Auto Trust, Ser 2022-2, Cl D          
5.800%, 04/17/28 (B)  $2,110,000   $1,941,014 
Ford Credit Auto Lease Trust, Ser 2025-A, Cl A3          
4.720%, 06/15/28   420,000    421,931 
Ford Credit Auto Owner Trust, Ser 2021-1, Cl D          
2.310%, 10/17/33 (B)   1,750,000    1,711,490 
Ford Credit Auto Owner Trust, Ser 2024-B, Cl A3          
5.100%, 04/15/29   1,082,000    1,092,906 
GLS Auto Receivables Issuer Trust, Ser 2023-1A, Cl D          
7.010%, 01/16/29 (B)   1,415,000    1,444,300 
GLS Auto Receivables Issuer Trust, Ser 2023-2A, Cl D          
6.310%, 03/15/29 (B)   2,341,000    2,389,747 
GLS Auto Receivables Issuer Trust, Ser 2024-1A, Cl D          
5.950%, 12/17/29 (B)   1,210,000    1,228,981 
GLS Auto Receivables Issuer Trust, Ser 2024-3A, Cl B          
5.080%, 01/16/29 (B)   365,000    366,249 
GLS Auto Receivables Issuer Trust, Ser 2024-4A, Cl A3          
4.750%, 07/17/28 (B)   320,000    320,251 
GLS Auto Receivables Issuer Trust, Ser 2025-1A, Cl D          
5.610%, 11/15/30 (B)   6,100,000    6,175,192 
GLS Auto Receivables Issuer Trust, Ser 2025-2A, Cl C          
5.110%, 01/15/31 (B)   310,000    311,667 
GLS Auto Select Receivables Trust, Ser 2024-4A, Cl A2          
4.430%, 12/17/29 (B)   320,386    319,588 
GLS Auto Select Receivables Trust, Ser 2025-1A, Cl A2          
4.710%, 04/15/30 (B)   423,233    423,282 
GLS Auto Select Receivables Trust, Ser 2025-3A, Cl A2          
4.460%, 10/15/30 (B)   365,000    364,573 
GM Financial Automobile Leasing Trust, Ser 2025-1, Cl A3          
4.660%, 02/21/28   570,000    572,303 
Hertz Vehicle Financing III, Ser 2023-2A, Cl A          
5.570%, 09/25/29 (B)   2,000,000    2,044,883 
Hertz Vehicle Financing III, Ser 2024-1A, Cl A          
5.440%, 01/25/29 (B)   1,115,000    1,127,835 
ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Hertz Vehicle Financing, Ser 2022-2A, Cl A          
2.330%, 06/26/28 (B)  $1,235,000   $1,184,429 
Hyundai Auto Receivables Trust, Ser 2025-B, Cl A3          
4.360%, 12/17/29   360,000    360,802 
LAD Auto Receivables Trust, Ser 2024-3A, Cl A3          
4.520%, 03/15/29 (B)   330,000    329,883 
LAD Auto Receivables Trust, Ser 2025-1A, Cl A3          
4.690%, 07/16/29 (B)   910,000    913,010 
M&T Bank Auto Receivables Trust, Ser 2025-1A, Cl A3          
4.730%, 06/17/30 (B)   290,000    291,998 
Octane Receivables Trust, Ser 2023-1A, Cl C          
6.370%, 09/20/29 (B)   895,000    907,477 
Octane Receivables Trust, Ser 2023-2A, Cl C          
6.240%, 06/20/31 (B)   3,580,000    3,628,757 
Octane Receivables Trust, Ser 2024-2A, Cl D          
6.190%, 07/20/32 (B)   1,560,000    1,586,822 
Octane Receivables Trust, Ser 2024-3A, Cl D          
5.860%, 10/20/31 (B)   1,950,000    1,986,827 
Octane Receivables Trust, Ser 2024-RPT1, Cl R1          
6.680%, 02/22/30   1,824,000    1,823,991 
PenFed Auto Receivables Owner Trust, Ser 2024-A, Cl A3          
4.700%, 06/15/29 (B)   340,000    340,650 
Santander Drive Auto Receivables Trust, Ser 2023-1, Cl C          
5.090%, 05/15/30   4,340,000    4,355,039 
Santander Drive Auto Receivables Trust, Ser 2023-S1, Cl R1          
8.140%, 04/18/28 (B)   1,728,686    1,736,460 
Santander Drive Auto Receivables Trust, Ser 2024-2, Cl D          
6.280%, 08/15/31   3,730,000    3,844,132 
Santander Drive Auto Receivables Trust, Ser 2024-3, Cl D          
5.970%, 10/15/31   3,200,000    3,270,767 
Santander Drive Auto Receivables Trust, Ser 2024-4, Cl A3          
4.850%, 01/16/29   5,000    5,009 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Santander Drive Auto Receivables Trust, Ser 2024-S1, Cl R1          
6.530%, 03/16/29 (B)  $4,986,489   $4,991,599 
Santander Drive Auto Receivables Trust, Ser 2024-S2, Cl R1          
5.800%, 12/16/28 (B)   5,261,511    5,259,539 
Santander Drive Auto Receivables Trust, Ser 2024-S3, Cl R2          
5.980%, 10/16/28 (B)   960,039    959,697 
Santander Drive Auto Receivables Trust, Ser 2025-2, Cl A3          
4.670%, 08/15/29   690,000    691,764 
SBNA Auto Lease Trust, Ser 2024-C, Cl A3          
4.560%, 02/22/28 (B)   195,000    195,037 
SBNA Auto Receivables Trust, Ser 2024-A, Cl D          
6.040%, 04/15/30 (B)   2,155,000    2,210,969 
SFS Auto Receivables Securitization Trust, Ser 2024-3A, Cl A3          
4.550%, 06/20/30 (B)   265,000    265,594 
SFS Auto Receivables Securitization Trust, Ser 2025-1A, Cl A3          
4.750%, 07/22/30 (B)   285,000    286,555 
SFS Auto Receivables Securitization Trust, Ser 2025-2A, Cl A3          
4.440%, 12/20/30 (B)   1,000,000    1,002,291 
Tesla Auto Lease Trust, Ser 2023-B, Cl A3          
6.130%, 09/21/26 (B)   556,307    557,601 
Tesla Auto Lease Trust, Ser 2023-B, Cl B          
6.570%, 08/20/27 (B)   870,000    875,898 
Tesla Auto Lease Trust, Ser 2024-A, Cl A3          
5.300%, 06/21/27 (B)   1,170,000    1,172,599 
Tesla Electric Vehicle Trust, Ser 2023-1, Cl A2A          
5.540%, 12/21/26 (B)   212,999    213,204 
Tesla Electric Vehicle Trust, Ser 2023-1, Cl A4          
5.380%, 02/20/29 (B)   900,000    912,583 
Tesla Sustainable Energy Trust, Ser 2024-1A, Cl A3          
5.290%, 06/20/50 (B)   1,335,000    1,340,381 
ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
USB Auto Owner Trust, Ser 2025-1A, Cl A3          
4.490%, 06/17/30 (B)  $145,000   $144,957 
Westlake Automobile Receivables Trust, Ser 2023-1A, Cl D          
6.790%, 11/15/28 (B)   1,925,000    1,971,706 
Westlake Automobile Receivables Trust, Ser 2023-2A, Cl D          
7.010%, 11/15/28 (B)   2,340,000    2,386,504 
Westlake Automobile Receivables Trust, Ser 2024-1A, Cl D          
6.020%, 10/15/29 (B)   2,010,000    2,042,888 
Westlake Automobile Receivables Trust, Ser 2024-2A, Cl D          
5.910%, 04/15/30 (B)   1,005,000    1,018,637 
Westlake Automobile Receivables Trust, Ser 2024-3A, Cl A3          
4.710%, 04/17/28 (B)   480,000    480,847 
Westlake Automobile Receivables Trust, Ser 2025-1A, Cl A3          
4.750%, 08/15/28 (B)   1,310,000    1,312,750 
Westlake Automobile Receivables Trust, Ser 2025-1A, Cl D          
5.540%, 11/15/30 (B)   3,570,000    3,613,411 
Westlake Automobile Receivables Trust, Ser 2025-2A, Cl A3          
4.510%, 05/15/29 (B)   285,000    285,189 
Wheels Fleet Lease Funding 1, Ser 2024-2A, Cl A1          
4.870%, 06/21/39 (B)   429,281    431,184 
Wheels Fleet Lease Funding 1, Ser 2024-3A, Cl A1          
4.800%, 09/19/39 (B)   700,000    703,396 
World Omni Auto Receivables Trust, Ser 2024-C, Cl A3          
4.430%, 12/17/29   500,000    500,543 
World Omni Select Auto Trust, Ser 2024-A, Cl A3          
4.980%, 02/15/30   460,000    461,391 
         142,851,268 
Other Asset-Backed Securities — 3.2% 
Affirm Asset Securitization Trust, Ser 2025-X1, Cl D          
6.110%, 04/15/30 (B)   3,200,000    3,197,225 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Affirm Master Trust, Ser 2025- 2A, Cl A          
4.670%, 07/15/33 (B)  $1,120,000   $1,119,576 
AGL CLO, Ser 2021-11A, Cl C          
6.629%, TSFR3M + 2.312%, 04/15/34 (A)(B)   2,750,000    2,761,528 
Apollo Aviation Securitization, Ser 2025-1A, Cl A          
5.943%, 02/16/50 (B)   397,363    403,092 
Applebee's Funding, Ser 2025-1A, Cl A2          
6.720%, 06/07/55 (B)   2,060,000    2,056,764 
BHG Securitization Trust, Ser 2025-2CON, Cl A          
4.840%, 09/17/36 (B)   530,000    529,948 
CIFC Funding 2019-III, Ser 2025-3A, Cl CR2          
6.118%, TSFR3M + 1.800%, 01/16/38 (A)(B)   2,285,000    2,271,372 
Compass Datacenters Issuer II, Ser 2024-2A, Cl A1          
5.022%, 08/25/49 (B)   335,000    334,295 
Compass Datacenters Issuer III, Ser 2025-1A, Cl A2          
5.656%, 02/25/50 (B)   245,000    247,400 
Consumer Portfolio Services Auto Trust, Ser 2025-B, Cl D          
5.560%, 07/15/31 (B)   2,505,000    2,523,678 
Crockett Partners Equipment IIA, Ser 2024-1C, Cl A          
6.050%, 01/20/31 (B)   543,441    546,412 
CyrusOne Data Centers Issuer I, Ser 2025-1A, Cl A2          
5.910%, 02/20/50 (B)   675,000    687,838 
EnFin Residential Solar Receivables Trust, Ser 2024-2A, Cl A          
5.980%, 09/20/55 (B)   1,398,968    1,336,209 
FASST, Ser 2021-S1, Cl A2          
1.750%, 07/25/51 (B)   4,323,894    4,248,321 
FASST, Ser 2021-S2, Cl A2          
2.750%, 09/25/71 (B)(D)   2,151,839    2,096,248 
FASST, Ser 2022-S4, Cl A2A          
3.000%, 01/25/57 (B)   2,820,568    2,805,590 
Frontier Issuer, Ser 2023-1, Cl A2          
6.600%, 08/20/53 (B)   1,625,000    1,645,272 
Frontier Issuer, Ser 2023-1, Cl C          
11.500%, 08/20/53 (B)   1,000,000    1,046,729 
Frontier Issuer, Ser 2024-1, Cl A2          
6.190%, 06/20/54 (B)   880,000    903,526 
ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Golub Capital Partners CLO, Ser 2025-78A, Cl C          
6.326%, TSFR3M + 2.000%, 04/21/39 (A)(B)  $3,115,000   $3,076,421 
GoodLeap Sustainable Home Solutions Trust, Ser 2021-5CS, Cl B          
2.560%, 10/20/48 (B)   2,126,053    1,577,124 
GoodLeap Sustainable Home Solutions Trust, Ser 2023-1GS, Cl A          
5.520%, 02/22/55 (B)   1,491,000    1,390,330 
GreenSky Home Improvement Issuer Trust, Ser 2024-2, Cl A4          
5.150%, 10/27/59 (B)   91,793    92,420 
GreenSky Home Improvement Trust, Ser 2024-1, Cl A3          
5.550%, 06/25/59 (B)   365,000    372,222 
Hotwire Funding, Ser 2024-1A, Cl A2          
5.893%, 06/20/54 (B)   1,820,000    1,838,359 
MetroNet Infrastructure Issuer, Ser 2025-2A, Cl A2          
5.400%, 08/20/55 (B)   455,000    454,962 
Mission Lane Credit Card Master Trust, Ser 2024-B, Cl A          
5.880%, 01/15/30 (B)   610,000    613,087 
Mosaic Solar Loan Trust, Ser 2022-1A, Cl B          
3.160%, 01/20/53 (B)   1,002,879    758,211 
MVW Owner Trust, Ser 2024-1A, Cl C          
6.200%, 02/20/43 (B)   681,654    688,525 
Neuberger Berman Loan Advisers CLO, Ser 2022-47A, Cl C          
6.370%, TSFR3M + 2.050%, 04/14/35 (A)(B)   6,000,000    6,007,314 
New Economy Assets, Ser 2021-1, Cl A1          
1.910%, 10/20/61 (B)   1,090,000    893,970 
OWN Equipment Fund I, Ser 2024-2M, Cl A          
5.700%, 12/20/32 (B)   805,087    811,746 
Pagaya AI Debt Trust, Ser 2024-10, Cl D          
6.429%, 06/15/32 (B)   3,425,955    3,435,097 
Pagaya AI Debt Trust, Ser 2024-3, Cl C          
7.297%, 10/15/31 (B)   1,395,403    1,409,287 
Pagaya AI Debt Trust, Ser 2025-1, Cl D          
6.282%, 07/15/32 (B)   2,569,781    2,575,749 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Pagaya AI Debt Trust, Ser 2025-4, Cl D          
6.572%, 01/17/33 (B)  $2,895,000   $2,903,770 
Renew, Ser 2024-2A, Cl A          
5.326%, 11/20/60 (B)   985,743    930,629 
Republic Finance Issuance Trust, Ser 2024-A, Cl A          
5.910%, 08/20/32 (B)   405,000    409,547 
SBAP, Ser 2006-20B, Cl 1          
5.350%, 02/01/26   350    350 
SBAP, Ser 2006-20C, Cl 1          
5.570%, 03/01/26   354    353 
SBAP, Ser 2007-20C, Cl 1          
5.230%, 03/01/27   504    504 
SCF Equipment Trust, Ser 2025-1A, Cl A3          
5.110%, 11/21/33 (B)   615,000    625,654 
SEB Funding, Ser 2024-1A, Cl A2          
7.386%, 04/30/54 (B)   30,000    30,529 
Sierra Timeshare Receivables Funding, Ser 2024-1A, Cl C          
5.940%, 01/20/43 (B)   862,629    867,482 
Sierra Timeshare Receivables Funding, Ser 2024-2A, Cl A          
5.140%, 06/20/41 (B)   767,540    771,471 
SMB Private Education Loan Trust, Ser 2017-B, Cl A2A          
2.820%, 10/15/35 (B)   17,270    17,083 
SMB Private Education Loan Trust, Ser 2018-A, Cl A2A          
3.500%, 02/15/36 (B)   288,878    285,365 
SMB Private Education Loan Trust, Ser 2023-B, Cl A1A          
4.990%, 10/16/56 (B)   1,241,233    1,238,369 
SMB Private Education Loan Trust, Ser 2024-A, Cl A1A          
5.240%, 03/15/56 (B)   1,565,372    1,585,874 
SoFi Consumer Loan Program Trust, Ser 2025-2, Cl A          
4.820%, 06/25/34 (B)   380,000    379,968 
Sunnova Helios XI Issuer, Ser 2023-A, Cl A          
5.300%, 05/20/50 (B)   880,250    804,255 
Sunnova Helios XII Issuer, Ser 2023-B, Cl A          
5.300%, 08/22/50 (B)   864,191    790,804 
Sunnova Hestia I Issuer, Ser 2023-GRID1, Cl 1A          
5.750%, 12/20/50 (B)   1,042,952    1,044,181 
Sunnova Hestia II Issuer, Ser 2024-GRID1, Cl 1A          
5.630%, 07/20/51 (B)   1,050,256    1,042,493 
ASSET-BACKED SECURITIES — continued 
   Face
Amount
   Value 
Sunrun Julius Issuer, Ser 2023-2A, Cl A1          
6.600%, 01/30/59 (B)  $1,221,321   $1,217,665 
United States Small Business Administration, Ser 2005-20H, Cl 1          
5.110%, 08/01/25   607    607 
United States Small Business Administration, Ser 2005-20J, Cl 1          
5.090%, 10/01/25   828    827 
United States Small Business Administration, Ser 2006-20F, Cl 1          
5.820%, 06/01/26   168    168 
United States Small Business Administration, Ser 2006-20G, Cl 1          
6.070%, 07/01/26   441    441 
United States Small Business Administration, Ser 2006-20H, Cl 1          
5.700%, 08/01/26   474    475 
United States Small Business Administration, Ser 2007-20D, Cl 1          
5.320%, 04/01/27   1,763    1,761 
United States Small Business Administration, Ser 2007-20E, Cl 1          
5.310%, 05/01/27   648    644 
United States Small Business Administration, Ser 2007-20F, Cl 1          
5.710%, 06/01/27   1,408    1,416 
Vivint Solar Financing V, Ser 2018-1A, Cl B          
7.370%, 04/30/48 (B)   314,669    299,801 
Vivint Solar Financing VII, Ser 2020-1A, Cl A          
2.210%, 07/31/51 (B)   1,158,030    1,038,266 
Volofin Finance Designated Activity, Ser 2024-1A, Cl A          
5.935%, 06/15/37 (B)   561,863    566,392 
Zayo Issuer, Ser 2025-2A, Cl A2          
5.953%, 06/20/55 (B)   1,305,000    1,331,853 
Ziply Fiber Issuer, Ser 2024-1A, Cl A2          
6.640%, 04/20/54 (B)   1,340,000    1,370,004 
         76,314,848 
Total Asset-Backed Securities          
(Cost $217,647,848)        219,166,116 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MUNICIPAL BONDS — 2.8% 
   Face
Amount
   Value 
Alaska — 0.1% 
City of Port Lions Alaska, RB          
7.500%, 10/01/52  $3,025,000   $3,126,816 
  
California — 0.9% 
California Community Choice Financing Authority, RB          
6.125%, 04/01/30   1,500,000    1,544,163 
California Health Facilities Financing Authority, RB          
3.034%, 06/01/34   1,865,000    1,634,648 
2.984%, 06/01/33   3,090,000    2,752,164 
City & County of San Francisco California, GO          
5.770%, 06/15/45   1,500,000    1,505,314 
City & County of San Francisco California Community Facilities District No. 2014-1, Special Tax          
6.332%, 09/01/51   1,250,000    1,282,876 
3.482%, 09/01/50   2,500,000    1,762,331 
City of Los Angeles California, Ser A, GO          
5.000%, 09/01/42   2,500,000    2,395,433 
4.750%, 09/01/38   2,000,000    1,941,178 
City of Los Angeles Department of Airports Customer Facility Charge Revenue, RB          
3.258%, 05/15/30   2,250,000    2,130,498 
3.158%, 05/15/29   1,000,000    955,867 
Regents of the University of California Medical Center Pooled Revenue, RB          
4.563%, 05/15/53   600,000    505,475 
San Jose Financing Authority, RB          
4.662%, 05/01/37   500,000    479,260 
State of California, GO          
7.625%, 03/01/40   40,000    47,496 
7.550%, 04/01/39   100,000    119,546 
7.500%, 04/01/34   675,000    781,289 
7.300%, 10/01/39   625,000    717,450 
         20,554,988 
Connecticut — 0.1% 
Connecticut Green Bank, RB          
2.900%, 11/15/35   2,500,000    2,154,862 
  
District of Columbia — 0.2% 
District of Columbia, RB          
3.532%, 04/01/47   1,600,000    1,061,554 
2.932%, 04/01/33   1,590,000    1,348,419 
         2,409,973 
MUNICIPAL BONDS — continued 
   Face
Amount
   Value 
Hawaii — 0.0% 
City & County of Honolulu Hawaii, Ser D, RB          
4.970%, 07/01/35  $840,000   $853,435 
State of Hawaii Department of Business Economic Development & Tourism, Ser A-2, RB          
3.242%, 01/01/31   650,632    635,429 
         1,488,864 
Illinois — 0.1% 
State of Illinois, GO          
5.100%, 06/01/33   1,614,216    1,649,178 
  
Iowa — 0.0% 
Iowa Finance Authority, RB          
7.000%, 11/01/27 (B)   415,000    418,182 
  
Maryland — 0.1% 
Maryland Economic Development, RB          
5.942%, 05/31/57   2,250,000    2,236,332 
5.433%, 05/31/56   500,000    472,163 
Montgomery County Housing Opportunities Commission, RB          
5.418%, 12/01/44   1,000,000    962,205 
         3,670,700 
Minnesota — 0.2% 
Minnesota Housing Finance Agency, Ser D, RB          
5.947%, 08/01/54   1,200,000    1,190,640 
5.897%, 08/01/49   1,400,000    1,385,456 
         2,576,096 
Montana — 0.0% 
County of Gallatin Montana, RB          
11.500%, 09/01/27 (B)   1,000,000    1,025,442 
         1,025,442 
New Hampshire — 0.3% 
New Hampshire Business Finance Authority, RB          
5.876%, 12/01/35   1,500,000    1,552,325 
5.694%, 11/01/45   1,000,000    959,615 
4.650%, 02/01/29 (A)(B)   5,500,000    5,500,000 
4.520%, 07/01/33 (A)(B)   850,000    850,000 
         8,861,940 
New Jersey — 0.2% 
New Jersey Housing & Mortgage Finance Agency, Ser C, RB          
3.100%, 11/01/40   3,100,000    2,384,759 
New Jersey Turnpike Authority, RB          
7.414%, 01/01/40   275,000    326,266 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

MUNICIPAL BONDS — continued 
   Face
Amount
   Value 
7.102%, 01/01/41  $925,000   $1,057,329 
         3,768,354 
New York — 0.2% 
City of New York New York, Ser D-1, GO          
5.094%, 10/01/49   1,000,000    937,935 
New York City Housing Development, Ser D, RB          
5.448%, 08/01/54   850,000    791,140 
New York State Energy Research & Development Authority, Ser A, RB          
4.871%, 04/01/37   1,947,000    1,765,125 
New York Transportation Development, RB          
6.971%, 06/30/51   2,500,000    2,423,921 
United Nations Development, Ser A, RB          
6.536%, 08/01/55   400,000    416,308 
         6,334,429 
Ohio — 0.3% 
American Municipal Power, RB          
7.499%, 02/15/50   2,320,000    2,675,595 
American Municipal Power, Sub-Ser, RB          
6.449%, 02/15/44   1,740,000    1,833,500 
American Municipal Power, Ser E-RMKT, RB          
6.270%, 02/15/50   730,000    744,677 
Toledo-Lucas County Port Authority, Ser D-2-NORTHWEST, RB          
5.850%, 11/15/44 (B)   1,345,000    1,315,179 
         6,568,951 
Oregon — 0.1% 
State of Oregon, GO          
5.832%, 05/01/45   1,000,000    1,025,342 
  
Pennsylvania — 0.0% 
Redevelopment Authority of the City of Philadelphia, Ser A, RB          
5.226%, 09/01/40   610,000    594,342 
  
South Dakota — 0.0% 
South Dakota Housing Development Authority, Ser E, RB          
5.460%, 05/01/53   245,000    247,603 
  
Wisconsin — 0.0% 
Public Finance Authority, RB          
6.250%, 06/01/31 (B)   500,000    499,897 
MUNICIPAL BONDS — continued 
   Face
Amount
   Value 
Public Finance Authority, Ser A, RB          
5.292%, 07/01/29  $550,000   $556,793 
         1,056,690 
Total Municipal Bonds          
(Cost $68,885,608)        67,532,752 
           
SOVEREIGN DEBT — 1.3% 
           
CANADA — 0.5% 
Export Development Canada          
4.750%, 06/05/34  $5,000,000   $5,141,606 
OMERS Finance Trust          
4.000%, 04/19/52(B)   3,345,000    2,557,602 
3.500%, 04/19/32   5,000,000    4,715,455 
         12,414,663 
COLOMBIA — 0.1% 
Colombia Government International Bond          
8.750%, 11/14/53   1,375,000    1,397,908 
           
DOMINICAN REPUBLIC — 0.0% 
Dominican Republic International Bond          
6.600%, 06/01/36(B)   650,000    658,821 
           
ECUADOR — 0.1% 
Amazon Conservation DAC          
6.034%, 01/16/42(B)   2,000,000    2,009,700 
           
FRANCE — 0.1% 
Caisse d'Amortissement de la Dette Sociale MTN          
2.125%, 01/26/32(B)   2,500,000    2,189,059 
           
IRELAND — 0.2% 
BB Blue Financing DAC          
4.395%, 09/20/37   2,500,000    2,418,855 
GPS Blue Financing DAC          
5.645%, 11/09/41(B)   2,500,000    2,435,000 
         4,853,855 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

SOVEREIGN DEBT — continued 
   Face
Amount
   Value 
JAPAN — 0.1% 
Japan Bank for International Cooperation          
4.375%, 10/05/27  $1,000,000   $1,005,137 
Japan International Cooperation Agency          
4.250%, 05/22/30   470,000    471,041 
         1,476,178 
MEXICO — 0.0% 
Mexico Government International Bond          
5.850%, 07/02/32   1,205,000    1,212,230 
           
NETHERLANDS — 0.2% 
Nederlandse Waterschapsbank          
4.500%, 01/16/30(B)   1,000,000    1,018,233 
4.375%, 02/28/29(B)   500,000    505,276 
1.000%, 05/28/30(B)   2,500,000    2,167,958 
         3,691,467 
RUSSIA — 0.0% 
Serbia International Bond          
6.000%, 06/12/34(B)   850,000    866,796 
           
Total Sovereign Debt          
(Cost $31,210,573)        30,770,677 
BANK LOAN OBLIGATIONS — 0.1% 
   Face
Amount
   Value 
ECOLOGICAL SERVICES & EQUIPMENT — 0.1% 
LTR Intermediate Holdings Term Loan          
9.460%, 05/05/28  $496,124   $486,306 
Terraform Power Operating Specified Refinancing Term Loan          
6.296%, TSFR1M + 2.500%, 05/21/29(A)   1,625,000    1,622,286 
Vistra Zero Operating Company Term Loan          
6.324%, 03/20/31   995,000    985,229 
         3,093,821 
Total Bank Loan Obligations          
(Cost $3,108,993)        3,093,821 
           
U.S. GOVERNMENT AGENCY OBLIGATION — 0.0% 
           
United States International Development Finance          
1.790%, 10/15/29  $273,654   $259,912 
           
Total U.S. Government Agency Obligation          
(Cost $262,109)        259,912 
Total Investments in Securities— 98.0%          
(Cost $2,391,679,503)       $2,333,922,264 

 

Percentages are based on Net Assets of $2,382,221,115.


 

A list of the open futures contracts held by the Fund at July 31, 2025, is as follows:

 

Type of Contract  Number of Contracts  Expiration Date  Notional Amount   Value   Unrealized Appreciation 
Long Contracts
U.S. 5-Year Treasury Note  1,075  Sep-2025  $115,940,223   $116,284,766   $344,543 
U.S. Ultra Long Treasury Bond  723  Sep-2025   84,727,492    84,816,937    89,445 
         $200,667,715   $201,101,703   $433,988 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS BOND FUND

JULY 31, 2025 (Unaudited)

 

 

Real Estate Investment Trust.
(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.
(B) Securities sold within the terms of a private placement memorandum, exempt from registration under section 144A of the Securities Act of 1933, as amended, and maybe sold only to dealers in the program or other "accredited investors". The total value of these securities at July 31, 2025 was $466,499,946 and represented 19.6% of Net Assets.
(C) Perpetual security with no stated maturity date.
(D) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.
(E) Zero coupon security.

 

Cl — Class

CLO — Collateralized Loan Obligation

DAC — Designated Activity Company
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
GO — General Obligation
H15T1Y — US Treasury Yield Curve Rate T Note Constant Maturity 1 Year
H15T5Y — US Treasury Yield Curve Rate T Note Constant Maturity 5 Year
MTN — Medium Term Note
PJSC — Public Joint-Stock Company
REMIC — Real Estate Mortgage Investment Conduit

RFUCCT1Y — Refinitiv USD IBOR Consumer Cash Fallbacks Term 1 Year

RB — Revenue Bond

Ser — Series

SOFR — Secured Overnight Financing Rate

SOFR30A — Secured Overnight Financing Rate 30-day Average

SOFRINDX — Secured Overnight Financing Rate Index
TSFR1M — Term Secured Overnight Financing Rate 1 Month
TSFR3M — Term Secured Overnight Financing Rate 3 Month
TSFR12M — Term Secured Overnight Financing Rate 12 Month
USBMMY3M — U.S. Treasury 3 Month Bill Money Market Yield
USD — U.S. Dollar
USISDA05 — US Mid-Market Swap Rate 5 Year

 

CRI-QH-001-0800


 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS
U.S. TREASURY OBLIGATIONS — 26.4%
   Face
Amount
   Value 
U.S. Treasury Bonds
4.750%, 05/15/55  $40,040,000   $39,164,125 
U.S. Treasury Notes
4.414%, USBMMY3M + 0.205%, 10/31/26(A)   35,830,000    35,869,123 
4.369%, USBMMY3M + 0.160%, 04/30/27(A)   12,140,000    12,147,176 
4.359%, USBMMY3M + 0.150%, 04/30/26(A)   19,580,000    19,595,110 
4.000%, 02/28/30   15,350,000    15,391,373 
3.875%, 06/30/30   59,060,000    58,833,911 
1.250%, 06/30/28   3,010,000    2,792,833 
           
Total U.S. Treasury Obligations          
(Cost $183,846,654)        183,793,651 
           
CORPORATE OBLIGATIONS — 25.5%
 
COMMUNICATION SERVICES — 0.5%
Alphabet
1.100%, 08/15/30  $2,500,000   $2,155,113 
Charter Communications Operating  
6.100%, 06/01/29   810,000    844,958 
4.200%, 03/15/28   310,000    306,522 
         3,306,593 
CONSUMER DISCRETIONARY — 0.3%
Ford Motor Credit
5.303%, 09/06/29   560,000    549,781 
General Motors Financial
3.600%, 06/21/30   1,625,000    1,526,820 
         2,076,601 
CONSUMER STAPLES — 0.2%
Coty
6.625%, 07/15/30(B)   525,000    539,545 
CVS Pass-Through Trust
6.036%, 12/10/28   958,388    967,769 
         1,507,314 
ENERGY — 1.3%
Devon Energy
7.875%, 09/30/31   105,000    120,239 
Expand Energy
5.375%, 03/15/30   620,000    620,938 
MidAmerican Energy
3.650%, 04/15/29   1,000,000    977,604 
NFE Financing
12.000%, 11/15/29(B)   1,917,600    679,348 
Occidental Petroleum
6.625%, 09/01/30   650,000    686,128 
CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
ENERGY — continued
5.200%, 08/01/29  $1,975,000   $1,980,792 
Ovintiv
5.650%, 05/15/28   1,000,000    1,024,752 
Patterson-UTI Energy
3.950%, 02/01/28   1,525,000    1,475,707 
South Bow USA Infrastructure Holdings  
5.026%, 10/01/29(B)   1,580,000    1,578,564 
         9,144,072 
FINANCIALS — 18.8%
Aircastle
5.000%, 09/15/30(B)   1,735,000    1,731,729 
American Express
3.550%, H15T5Y + 2.854%(A)(C)   360,000    351,858 
Anglo American Capital
3.875%, 03/16/29(B)   200,000    195,137 
2.625%, 09/10/30(B)   200,000    180,450 
Arab Petroleum Investments
5.428%, 05/02/29(B)   1,000,000    1,030,180 
Ares Capital
7.000%, 01/15/27   240,000    247,056 
2.875%, 06/15/28   650,000    614,227 
Ares Strategic Income Fund
5.700%, 03/15/28(B)   2,105,000    2,115,767 
Asian Development Bank MTN
1.750%, 08/14/26   1,165,000    1,136,287 
Athene Global Funding
5.583%, 01/09/29(B)   2,485,000    2,553,546 
Aviation Capital Group
6.375%, 07/15/30(B)   1,300,000    1,377,712 
Avolon Holdings Funding
5.375%, 05/30/30(B)   3,925,000    3,992,370 
Bank of Ireland Group
6.253%, H15T1Y + 2.650%, 09/16/26(A)(B)   1,000,000    1,001,762 
Barclays
5.690%, SOFRRATE + 1.740%, 03/12/30(A)   1,910,000    1,971,294 
5.674%, SOFRRATE + 1.490%, 03/12/28(A)   760,000    772,561 
BB Blue Financing DAC
4.395%, 09/20/29   2,500,000    2,500,886 
Blue Owl Capital
2.875%, 06/11/28   810,000    755,495 
Blue Owl Credit Income
7.750%, 01/15/29   955,000    1,014,873 
BNP Paribas
5.176%, SOFRRATE + 1.520%, 01/09/30(A)(B)   2,390,000    2,434,151 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
FINANCIALS — continued
CDP Financial MTN
1.000%, 05/26/26(B)  $1,000,000   $973,449 
Central American Bank for Economic Integration  
5.000%, 02/09/26(B)   500,000    500,724 
Charles Schwab
4.000%, H15T5Y + 3.168%(A)(C)   2,560,000    2,523,538 
Citibank
5.057%, SOFRRATE + 0.712%, 11/19/27(A)   1,500,000    1,503,043 
4.876%, SOFRRATE + 0.712%, 11/19/27(A)   2,000,000    2,007,961 
Citigroup
4.000%, H15T5Y + 3.597%(A)(C)   2,960,000    2,940,239 
Citizens Bank
4.575%, SOFRRATE + 2.000%, 08/09/28(A)   520,000    519,438 
Citizens Financial Group
5.841%, SOFRRATE + 2.010%, 01/23/30(A)   640,000    660,866 
Clearinghouse Community Development Financial Institution  
7.000%, 10/15/30(B)   1,000,000    1,010,324 
Conservation Fund A Nonprofit
3.474%, 12/15/29   3,000,000    2,816,090 
Cooperatieve Rabobank UA
1.106%, H15T1Y + 0.550%, 02/24/27(A)(B)   2,450,000    2,401,316 
Corebridge Financial
6.875%, H15T5Y + 3.846%, 12/15/52(A)   4,123,000    4,233,903 
Enel Finance International
5.125%, 06/26/29(B)   2,000,000    2,030,878 
European Investment Bank
3.250%, 11/15/27   700,000    689,069 
2.375%, 05/24/27   1,253,000    1,217,152 
2.125%, 04/13/26   500,000    492,531 
Fifth Third Bancorp
6.339%, SOFRRATE + 2.340%, 07/27/29(A)   1,325,000    1,392,290 
Foundry JV Holdco
5.900%, 01/25/33(B)   3,000,000    3,082,878 
Goldman Sachs Group
4.387%, SOFRRATE + 1.510%, 06/15/27(A)   1,000,000    997,424 
Golub Capital BDC
2.500%, 08/24/26   1,610,000    1,567,986 
CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
FINANCIALS — continued
Hanwha Futureproof
4.750%, 04/30/28(B)  $500,000   $503,540 
Huntington Bancshares
6.208%, SOFRRATE + 2.020%, 08/21/29(A)   1,360,000    1,422,610 
Inter-American Development Bank
4.676%, SOFRINDX + 0.280%, 04/12/27(A)   1,000,000    1,000,369 
Inter-American Investment
4.125%, 02/15/28   2,500,000    2,504,817 
International Bank for Reconstruction & Development  
0.000%, 03/31/27(D)   2,500,000    2,374,905 
0.000%, 03/31/28(D)   1,000,000    979,710 
International Development Association  
4.375%, 11/27/29(B)   2,125,000    2,152,493 
4.000%, 06/11/30(B)   450,000    448,846 
0.875%, 04/28/26(B)   1,000,000    975,022 
0.375%, 09/23/25   500,000    497,030 
International Finance Facility for Immunisation  
4.750%, 11/03/25   1,500,000    1,499,620 
4.125%, 10/29/27   1,000,000    1,001,101 
1.000%, 04/21/26   1,000,000    976,354 
JPMorgan Chase
6.070%, SOFRRATE + 1.330%, 10/22/27(A)   5,000,000    5,090,217 
Kreditanstalt fuer Wiederaufbau
1.750%, 09/14/29   1,000,000    917,271 
Liberty Utilities Finance GP 1
2.050%, 09/15/30(B)   1,000,000    874,447 
LPL Holdings
5.150%, 06/15/30   3,190,000    3,226,422 
M&T Bank
4.833%, SOFRRATE + 0.930%, 01/16/29(A)   1,000,000    1,005,192 
Mars
4.650%, 04/20/31(B)   1,000,000    1,004,276 
MetLife
3.850%, H15T5Y + 3.576%(A)(C)   465,000    463,368 
NatWest Group
8.000%, USSW5 + 5.720%(A)(C)   1,280,000    1,280,581 
NHP Foundation
5.850%, 12/01/28   250,000    260,200 
Oaktree Strategic Credit Fund
8.400%, 11/14/28   1,415,000    1,522,784 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
FINANCIALS — continued
OPEC Fund for International Development
4.500%, 01/26/26(B)  $1,000,000   $999,171 
OWS Cre Funding I
9.860%, US0001M + 4.900%, 09/15/25(A)(B)   1,161,064    1,156,188 
Prudential Financial
5.700%, US0003M + 2.665%, 09/15/48(A)   2,115,000    2,140,841 
1.500%, 03/10/26   1,000,000    982,242 
Santander Holdings USA
5.353%, SOFRRATE + 1.940%, 09/06/30(A)   785,000    799,286 
Societe Generale MTN
6.221%, H15T1Y + 3.200%, 06/15/33(A)(B)   440,000    455,924 
Solar Star Funding
5.375%, 06/30/35(B)   685,651    699,623 
3.950%, 06/30/35(B)   642,821    606,602 
Starwood Property Trust
7.250%, 04/01/29‡(B)   500,000    523,948 
6.000%, 04/15/30‡(B)   360,000    363,535 
Toronto-Dominion Bank
5.146%, H15T5Y + 1.500%, 09/10/34(A)   2,935,000    2,951,231 
4.568%, 12/17/26   4,820,000    4,827,735 
Truist Bank
4.632%, H15T5Y + 1.150%, 09/17/29(A)   2,000,000    1,983,575 
Truist Financial MTN
7.161%, SOFRRATE + 2.446%, 10/30/29(A)   1,965,000    2,120,551 
4.950%, H15T5Y + 4.605%(A)(C)   2,055,000    2,050,955 
UBS Group
5.617%, USISSO01 + 1.340%, 09/13/30(A)(B)   2,000,000    2,070,544 
5.125%, H15T5Y + 4.855%(A)(C)   2,140,000    2,132,831 
3.875%, H15T5Y + 3.098%(A)(B)(C)   1,590,000    1,563,433 
US Bancorp
5.300%, TSFR3M + 3.176%(A)(C)   985,000    981,060 
USAA Capital
2.125%, 05/01/30(B)   2,500,000    2,260,375 
Volkswagen Group of America Finance  
5.350%, 03/27/30(B)   2,165,000    2,196,054 
Wells Fargo MTN
4.540%, SOFRRATE + 1.560%, 08/15/26(A)   1,000,000    999,708 
CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
FINANCIALS — continued
3.900%, H15T5Y + 3.453%(A)(C)  $1,160,000   $1,149,177 
WLB Asset II D Pte
6.500%, 12/21/26(B)   1,000,000    954,869 
WLB Asset VI Pte
7.250%, 12/21/27(B)   1,000,000    1,036,886 
WLB Asset VII Pte
5.880%, 07/30/29(B)   500,000    499,488 
         130,025,447 
INDUSTRIALS — 0.3%
Norfolk Southern
2.300%, 05/15/31   2,500,000    2,212,369 
           
INFORMATION TECHNOLOGY — 0.6%
Apple
3.000%, 06/20/27   1,165,000    1,142,618 
Arrow Electronics
5.150%, 08/21/29   1,900,000    1,926,681 
Intel
4.150%, 08/05/32   1,000,000    940,818 
         4,010,117 
MATERIALS — 0.8%
Alcoa Nederland Holding BV
7.125%, 03/15/31(B)   685,000    714,393 
Celanese US Holdings
6.850%, 11/15/28   1,790,000    1,863,424 
Freeport-McMoRan
5.250%, 09/01/29   810,000    818,439 
LD Celulose International GmbH
7.950%, 01/26/32(B)   200,000    209,100 
Smurfit Kappa Treasury ULC
5.200%, 01/15/30   2,250,000    2,295,799 
         5,901,155 
REAL ESTATE — 0.1%
ERP Operating
4.150%, 12/01/28‡   1,000,000    993,422 
           
UTILITIES — 2.6%
Avangrid
3.800%, 06/01/29   2,000,000    1,948,791 
California Buyer
6.375%, 02/15/32(B)   675,000    681,505 
CenterPoint Energy
7.000%, H15T5Y + 3.254%, 02/15/55(A)   1,500,000    1,565,205 
Columbia Pipelines Holding
6.042%, 08/15/28(B)   445,000    462,485 
Comision Federal de Electricidad
5.700%, 01/24/30(B)   525,000    522,191 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

CORPORATE OBLIGATIONS — continued
   Face
Amount
   Value 
UTILITIES — continued
Consumers 2023 Securitization Funding  
5.550%, 03/01/28  $602,679   $606,765 
Continental Wind
6.000%, 02/28/33(B)   888,416    901,869 
Electricite de France
3.625%, 10/13/25(B)   2,250,000    2,243,922 
Korea Electric Power
4.875%, 01/31/27(B)(E)   250,000    251,232 
NextEra Energy Capital Holdings  
6.700%, H15T5Y + 2.364%, 09/01/54(A)   3,008,000    3,103,197 
NextEra Energy Operating Partners
7.250%, 01/15/29(B)   1,016,000    1,036,120 
PG&E Recovery Funding
4.838%, 06/01/33   2,296,670    2,301,727 
San Diego Gas & Electric
4.950%, 08/15/28   1,000,000    1,018,024 
Sempra
6.625%, H15T5Y + 2.354%, 04/01/55(A)   2,029,000    1,992,773 
         18,635,806 
Total Corporate Obligations          
(Cost $177,858,213)        177,812,896 
           
MORTGAGE-BACKED SECURITIES — 24.2%
 
Agency Mortgage-Backed Obligations — 13.0%
FHLMC Multiclass Certificates, Ser 2024-P016, Cl A2  
4.614%, 09/25/33 (A)  $2,500,000   $2,494,088 
FHLMC Multifamily ML Certificates, Ser 2023-ML18, Cl XCA, IO  
1.439%, 09/25/37 (A)   23,250,781    2,407,114 
FNMA
5.136%, 07/01/29 (A)   1,000,000    1,007,882 
GNMA
6.000%, 02/20/55   2,749,353    2,788,513 
6.000%, 12/20/54   4,134,347    4,193,233 
6.000%, 11/20/54   4,745,109    4,812,695 
6.000%, 10/20/54   7,732,787    7,842,928 
6.000%, 09/20/54   8,230,090    8,349,187 
6.000%, 08/20/54   8,293,004    8,416,931 
6.000%, 07/20/54   8,401,869    8,531,435 
6.000%, 06/20/54   3,502,211    3,558,924 
6.000%, 05/20/54   3,728,080    3,789,498 
6.000%, 04/20/54   6,375,223    6,483,836 
6.000%, 02/20/54   6,513,290    6,627,918 
6.000%, 12/20/53   4,746,248    4,833,792 
MORTGAGE-BACKED SECURITIES — continued
   Face
Amount
   Value  
6.000%, 11/20/53  $5,669,162   $5,773,728 
6.000%, 10/20/53   4,690,718    4,778,316 
5.500%, 09/20/54   550,427    549,644 
5.000%, 02/20/53   561,378    550,391 
5.000%, 11/20/52   525,484    515,769 
4.500%, 12/20/52   786,190    750,267 
4.500%, 10/20/52   369,205    352,685 
4.000%, 09/20/52   879,941    817,635 
3.500%, 12/20/52   208,698    187,941 
3.500%, 04/20/52   551,771    498,218 
3.000%, 12/20/51   429,752    376,207 
         91,288,775 
Non-Agency Mortgage-Backed Obligations — 11.2%
Aventura Mall Trust, Ser AVM, Cl D  
4.112%, 07/05/40 (A)(B)   1,200,000    1,145,888 
BBCMS Mortgage Trust, Ser 2018-TALL, Cl A  
5.261%, TSFR1M + 0.919%, 03/15/37 (A)(B)   1,670,000    1,586,779 
BBCMS Mortgage Trust, Ser 2018-TALL, Cl C  
5.660%, TSFR1M + 1.318%, 03/15/37 (A)(B)   2,400,000    2,184,704 
BBCMS Mortgage Trust, Ser 2024-5C25, Cl C  
6.643%, 03/15/57 (A)   925,000    946,551 
BBCMS Mortgage Trust, Ser CHRS, Cl D  
4.267%, 08/05/38 (A)(B)   1,500,000    1,296,351 
BBCMS Mortgage Trust, Ser TALL, Cl D  
5.988%, TSFR1M + 1.646%, 03/15/37 (A)(B)   1,000,000    880,273 
Benchmark Mortgage Trust, Ser V13, Cl C  
5.908%, 02/15/58 (A)   1,750,000    1,748,142 
Benchmark Mortgage Trust, Ser V15, Cl C  
6.268%, 06/15/58   410,000    416,445 
Benchmark Mortgage Trust, Ser V6, Cl D  
4.000%, 03/15/57   1,200,000    1,066,895 
BMO Mortgage Trust, Ser 2023-C7, Cl C  
7.123%, 12/15/56 (A)   250,000    265,314 
BMO Mortgage Trust, Ser 5C5, Cl D  
4.500%, 02/15/57 (B)   1,400,000    1,229,762 
BMO Mortgage Trust, Ser 5C8, Cl D  
4.500%, 12/15/57 (B)   1,200,000    1,064,992 
BPR Trust, Ser 2023-BRK2, Cl A
6.899%, 10/05/38 (A)(B)   2,100,000    2,184,857 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued
   Face
Amount
   Value 
BPR Trust, Ser 2023-BRK2, Cl C  
8.335%, 10/05/38 (A)(B)  $1,500,000   $1,567,847 
BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl C  
5.556%, TSFR1M + 1.214%, 09/15/36 (A)(B)   1,211,035    1,206,115 
BX Commercial Mortgage Trust, Ser 2022-AHP, Cl AS  
5.832%, TSFR1M + 1.490%, 01/17/39 (A)(B)   2,500,000    2,498,437 
BX Trust, Ser 2022-CLS, Cl B  
6.300%, 10/13/27 (B)   2,200,000    2,208,180 
Cantor Commercial Real Estate Lending, Ser 2019-CF2, Cl E  
2.500%, 11/15/52 (B)   2,000,000    1,529,717 
Century Plaza Towers, Ser 2019-CPT, Cl A  
2.865%, 11/13/39 (B)   530,000    481,618 
Century Plaza Towers, Ser 2019-CPT, Cl B  
2.997%, 11/13/39 (A)(B)   1,000,000    893,883 
CFCRE Commercial Mortgage Trust, Ser 2016-C6, Cl AM  
3.502%, 11/10/49 (A)   3,005,000    2,912,781 
CHI Commercial Mortgage Trust, Ser SFT, Cl A  
5.482%, 04/15/42 (A)(B)   500,000    506,483 
CHI Commercial Mortgage Trust, Ser SFT, Cl XA, IO  
0.300%, 04/15/42 (A)(B)   1,975,000    19,833 
CHNGE Mortgage Trust, Ser 2022-NQM1, Cl A3  
5.820%, 06/25/67 (B)(E)   727,627    724,684 
Citigroup Commercial Mortgage Trust, Ser 2016-P6, Cl AS  
4.032%, 12/10/49 (A)   1,400,000    1,320,839 
COMM Mortgage Trust, Ser 2022-HC, Cl A  
2.819%, 01/10/39 (B)   386,000    366,874 
COMM Mortgage Trust, Ser 2022-HC, Cl C  
3.376%, 01/10/39 (B)   500,000    465,801 
CSMC OA, Ser 2014-USA, Cl A2  
3.953%, 09/15/37 (B)   1,000,000    915,000 
Extended Stay America Trust, Ser 2021-ESH, Cl B  
5.837%, TSFR1M + 1.494%, 07/15/38 (A)(B)   385,978    386,218 
Fashion Show Mall, Ser SHOW, Cl C  
6.074%, 10/10/41 (A)(B)   2,300,000    2,292,664 
FIVE Mortgage Trust, Ser 2023-V1, Cl C  
6.296%, 02/10/56 (A)   2,223,000    2,238,412 
MORTGAGE-BACKED SECURITIES — continued
   Face
Amount
   Value 
GAM RE-REMIC Trust, Ser 2021-FRR2, Cl AK74, PO  
0.000%, 09/27/51 (B)(D)  $1,500,000   $1,265,090 
GS Mortgage Securities Corporation Trust, Ser 2021-IP, Cl A  
5.407%, TSFR1M + 1.064%, 10/15/36 (A)(B)   2,000,000    1,999,067 
GS Mortgage Securities II, Ser 2012-BWTR, Cl A  
2.954%, 11/05/34 (B)   1,683,018    1,461,465 
Hudson Yards Mortgage Trust, Ser 2016-10HY, Cl A  
2.835%, 08/10/38 (B)   1,000,000    975,484 
Hudson Yards Mortgage Trust, Ser 2019-55HY, Cl D  
2.943%, 12/10/41 (A)(B)   1,500,000    1,317,106 
Hudson Yards Mortgage Trust, Ser SPRL, Cl D  
6.340%, 01/13/40 (A)(B)   2,000,000    2,061,290 
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C28, Cl B  
3.986%, 10/15/48   1,461,305    1,449,468 
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C28, Cl C  
4.238%, 10/15/48 (A)   1,750,000    1,719,725 
JPMDB Commercial Mortgage Securities Trust, Ser 2017-C5, Cl AS  
3.858%, 03/15/50 (A)   2,340,000    2,139,462 
Life Mortgage Trust, Ser 2021-BMR, Cl C  
5.557%, TSFR1M + 1.214%, 03/15/38 (A)(B)   80,100    79,749 
Morgan Stanley Capital I Trust, Ser 2018-L1, Cl C  
4.779%, 10/15/51 (A)   2,455,000    2,205,616 
MSWF Commercial Mortgage Trust, Ser 1, Cl D  
4.000%, 05/15/56 (B)   1,550,000    1,192,388 
NJ Trust, Ser GSP, Cl A
6.481%, 01/06/29 (A)(B)   1,500,000    1,572,280 
NYMT Loan Trust Series, Ser 2024-BPL2, Cl A1  
6.509%, 05/25/39 (B)(E)   1,580,000    1,593,065 
One Bryant Park Trust, Ser 2019-OBP, Cl A
2.516%, 09/15/54 (B)   1,000,000    905,549 
RFM Reremic Trust, Ser FRR1, Cl AK55, PO  
0.000%, 03/28/49 (B)   1,640,000    1,568,105 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

MORTGAGE-BACKED SECURITIES — continued
   Face
Amount
   Value 
RFM Reremic Trust, Ser FRR1, Cl AK64  
2.789%, 03/01/50 (A)(B)  $2,100,000   $1,967,911 
RIDE Trust, Ser SHRE, Cl D
6.747%, 02/14/47 (A)(B)   1,310,000    1,323,666 
SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A1  
3.872%, 01/05/43 (A)(B)   802,500    682,213 
STWD Mortgage Trust, Ser 2021-LIH, Cl AS  
5.713%, TSFR1M + 1.371%, 11/15/36 (A)(B)   715,000    713,217 
STWD Mortgage Trust, Ser 2021-LIH, Cl D  
6.761%, TSFR1M + 2.419%, 11/15/36 (A)(B)   450,000    449,158 
SUMIT Mortgage Trust, Ser 2022-BVUE, Cl A  
2.789%, 02/12/41 (B)   660,000    586,372 
UBS Commercial Mortgage Trust, Ser 2017-C3, Cl C  
4.358%, 08/15/50 (A)   1,500,000    1,376,110 
Verus Securitization Trust, Ser 2021-1, Cl A1  
0.815%, 01/25/66 (A)(B)   566,878    503,265 
Verus Securitization Trust, Ser 2025-3, Cl A3  
5.928%, 05/25/70 (B)(E)   1,744,666    1,754,609 
Wells Fargo Commercial Mortgage Trust, Ser 2016-C35, Cl C  
4.176%, 07/15/48 (A)   2,000,000    1,946,115 
Wells Fargo Commercial Mortgage Trust, Ser 2019-C49, Cl D  
3.000%, 03/15/52 (B)   1,500,000    1,289,833 
Wells Fargo Commercial Mortgage Trust, Ser 2022-C62, Cl D  
2.500%, 04/15/55 (B)   2,000,000    1,362,376 
Wells Fargo Commercial Mortgage Trust, Ser 2024-SVEN, Cl A  
6.011%, 06/10/37 (B)   1,500,000    1,532,128 
        77,544,221 
Total Mortgage-Backed Securities
(Cost $166,038,646)        168,832,996 
ASSET-BACKED SECURITIES — 18.6%
   Face
Amount
   Value 
Automotive — 9.3%
American Credit Acceptance Receivables Trust, Ser 2023-1, Cl D  
6.350%, 04/12/29 (B)  $2,345,000   $2,366,549 
American Credit Acceptance Receivables Trust, Ser 2023-3, Cl D  
6.820%, 10/12/29 (B)   1,450,000    1,475,332 
American Credit Acceptance Receivables Trust, Ser 2024-1, Cl D  
5.860%, 05/13/30 (B)   1,630,000    1,647,034 
Bridgecrest Lending Auto Securitization Trust, Ser 2025-2, Cl D  
5.620%, 03/17/31   3,055,000    3,090,527 
Carvana Auto Receivables Trust, Ser 2021-N2, Cl C  
1.070%, 03/10/28   125,082    121,332 
Consumer Portfolio Services Auto Trust, Ser 2025-A, Cl D  
5.660%, 04/15/31 (B)   3,520,000    3,560,539 
CPS Auto Receivables Trust, Ser 2022-C, Cl D  
6.450%, 04/15/30 (B)   500,000    506,868 
CPS Auto Receivables Trust, Ser 2023-A, Cl D  
6.440%, 04/16/29 (B)   1,800,000    1,829,013 
CPS Auto Receivables Trust, Ser 2023-B, Cl D  
6.340%, 07/16/29 (B)   1,955,000    1,994,233 
CPS Auto Receivables Trust, Ser 2023-D, Cl D  
7.800%, 01/15/30 (B)   3,555,000    3,703,842 
Drive Auto Receivables Trust, Ser 2025-S1, Cl R2  
6.260%, 06/16/29 (B)   2,038,769    2,043,564 
Exeter Automobile Receivables Trust, Ser 2021-2A, Cl D  
1.400%, 04/15/27   579,899    571,428 
Exeter Automobile Receivables Trust, Ser 2021-2A, Cl E  
2.900%, 07/17/28 (B)   1,190,000    1,170,793 
Exeter Automobile Receivables Trust, Ser 2022-6A, Cl D  
8.030%, 04/06/29   3,950,000    4,071,668 
Exeter Automobile Receivables Trust, Ser 2023-1A, Cl D  
6.690%, 06/15/29   1,680,000    1,710,472 
Exeter Automobile Receivables Trust, Ser 2024-1A, Cl D  
5.840%, 06/17/30   1,005,000    1,019,665 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued
   Face
Amount
   Value 
Exeter Automobile Receivables Trust, Ser 2024-5A, Cl D  
5.060%, 02/18/31  $1,110,000   $1,105,044 
Exeter Automobile Receivables Trust, Ser 2025-3A, Cl D  
5.570%, 10/15/31   2,040,000    2,061,739 
Flagship Credit Auto Trust, Ser 2022-1, Cl D  
3.640%, 03/15/28 (B)   1,000,000    970,271 
Flagship Credit Auto Trust, Ser 2022-2, Cl D  
5.800%, 04/17/28 (B)   740,000    680,643 
Flagship Credit Auto Trust, Ser 2023-3, Cl D  
6.580%, 08/15/29 (B)   674,000    675,900 
GLS Auto Receivables Issuer Trust, Ser 2021-1A, Cl E  
3.140%, 01/18/28 (B)   1,983,143    1,981,370 
GLS Auto Receivables Issuer Trust, Ser 2022-3A, Cl D  
6.420%, 06/15/28 (B)   500,000    505,831 
GLS Auto Receivables Issuer Trust, Ser 2023-2A, Cl D  
6.310%, 03/15/29 (B)   430,000    438,895 
GLS Auto Receivables Issuer Trust, Ser 2025-2A, Cl D  
5.590%, 01/15/31 (B)   1,001,000    1,016,399 
Octane Receivables Trust, Ser 2023-1A, Cl D  
7.760%, 03/20/30 (B)   1,080,000    1,125,006 
Octane Receivables Trust, Ser 2023-2A, Cl D  
7.380%, 06/20/31 (B)   3,779,000    3,926,922 
Octane Receivables Trust, Ser 2023-3A, Cl D  
7.580%, 09/20/29 (B)   1,000,000    1,043,436 
Octane Receivables Trust, Ser 2024-1A, Cl D  
6.430%, 10/21/30 (B)   1,295,000    1,324,265 
Octane Receivables Trust, Ser 2024-RPT1, Cl R1  
6.680%, 02/22/30   3,875,000    3,874,982 
Santander Drive Auto Receivables Trust, Ser 2023-S1, Cl R1  
8.140%, 04/18/28 (B)   651,800    654,731 
Santander Drive Auto Receivables Trust, Ser 2024-S2, Cl R1  
5.800%, 12/16/28 (B)   2,084,750    2,083,949 
Santander Drive Auto Receivables Trust, Ser 2024-S3, Cl R1  
5.810%, 10/16/28 (B)   1,389,803    1,389,422 
ASSET-BACKED SECURITIES — continued
   Face
Amount
   Value 
Santander Drive Auto Receivables Trust, Ser 2024-S3, Cl R2  
5.980%, 10/16/28 (B)  $1,003,241   $1,002,889 
Santander Drive Auto Receivables Trust, Ser 2025-1, Cl D  
5.430%, 03/17/31   600,000    605,724 
Tesla Auto Lease Trust, Ser 2023-A, Cl A3  
5.890%, 06/22/26 (B)   43,429    43,456 
Tesla Auto Lease Trust, Ser 2024-A, Cl A3  
5.300%, 06/21/27 (B)   1,170,000    1,172,599 
Tesla Auto Lease Trust, Ser 2024-B, Cl A2A  
4.790%, 01/20/27 (B)   765,830    765,840 
Tesla Auto Lease Trust, Ser 2024-B, Cl A3  
4.820%, 10/20/27 (B)   1,000,000    1,001,400 
Tesla Electric Vehicle Trust, Ser 2023-1, Cl A3  
5.380%, 06/20/28 (B)   600,000    603,801 
Tesla Sustainable Energy Trust, Ser 2024-1A, Cl A3  
5.290%, 06/20/50 (B)   865,000    868,486 
Westlake Automobile Receivables Trust, Ser 2024-1A, Cl D  
6.020%, 10/15/29 (B)   1,685,000    1,712,342 
Westlake Automobile Receivables Trust, Ser 2025-1A, Cl D  
5.540%, 11/15/30 (B)   1,435,000    1,452,179 
         64,970,380 
Other Asset-Backed Securities — 9.3%
Affirm Asset Securitization Trust, Ser 2024-X2, Cl D  
6.080%, 12/17/29 (B)   710,000    713,548 
Affirm Asset Securitization Trust, Ser 2025-X1, Cl D  
6.110%, 04/15/30 (B)   1,215,000    1,213,782 
AGL CLO 16, Ser 2025-16A, Cl DR  
6.726%, TSFR3M + 2.400%, 01/20/35 (A)(B)   3,100,000    3,078,514 
Barings Private Credit CLO, Ser 2024-1A, Cl A1AR  
5.948%, TSFR3M + 1.630%, 10/15/36 (A)(B)   3,255,000    3,254,889 
Blackrock MT Hood CLO X, Ser 2023-1A, Cl A1  
6.826%, TSFR3M + 2.500%, 04/20/35 (A)(B)   1,415,000    1,417,359 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued
   Face
Amount
   Value 
Cajun Global, Ser 2021-1, Cl A2  
3.931%, 11/20/51 (B)  $1,449,375   $1,417,730 
CIFC Funding 2019-III, Ser 2025-3A, Cl CR2  
6.118%, TSFR3M + 1.800%, 01/16/38 (A)(B)   895,000    889,662 
CLI Funding VI, Ser 2020-1A, Cl A  
2.080%, 09/18/45 (B)   1,022,306    945,576 
Commonbond Student Loan Trust, Ser 2021-AGS, Cl B  
1.400%, 03/25/52 (B)   395,579    310,566 
Consumer Portfolio Services Auto Trust, Ser 2025-B, Cl D  
5.560%, 07/15/31 (B)   2,940,000    2,961,244 
EnFin Residential Solar Receivables Trust, Ser 2024-2A, Cl A  
5.980%, 09/20/55 (B)   1,865,291    1,781,611 
Foundation Finance Trust, Ser 2023-2A, Cl C  
7.310%, 06/15/49 (B)   1,412,620    1,466,605 
Frontier Issuer, Ser 2023-1, Cl A2  
6.600%, 08/20/53 (B)   1,000,000    1,012,475 
Frontier Issuer, Ser 2023-1, Cl C  
11.500%, 08/20/53 (B)   1,000,000    1,046,729 
Frontier Issuer, Ser 2024-1, Cl A2  
6.190%, 06/20/54 (B)   300,000    308,020 
Golub Capital Partners Clo 45M, Ser 2024-45A, Cl A1R  
5.946%, TSFR3M + 1.620%, 07/20/37 (A)(B)   3,400,000    3,404,566 
Golub Capital Partners Clo 47M, Ser 2024-47A, Cl A1AR  
5.880%, TSFR3M + 1.620%, 08/05/37 (A)(B)   1,385,000    1,384,939 
Golub Capital Partners CLO, Ser 2025-78A, Cl C  
6.326%, TSFR3M + 2.000%, 04/21/39 (A)(B)   1,230,000    1,214,766 
Guggenheim MM CLO, Ser 2021-3A, Cl A  
6.137%, TSFR3M + 1.812%, 01/21/34 (A)(B)   3,060,000    3,061,074 
Hardee's Funding, Ser 2021-1A, Cl A2  
2.865%, 06/20/51 (B)   1,320,000    1,209,346 
Home Equity Loan Trust, Ser 2006-HSA2, Cl AI3  
4.445%, 03/25/36 (A)   40,889    859 
ASSET-BACKED SECURITIES — continued
   Face
Amount
   Value 
Hotwire Funding, Ser 2024-1A, Cl A2  
5.893%, 06/20/54 (B)  $500,000   $504,969 
Jersey Mike's Funding, Ser 2019-1A, Cl A2  
4.433%, 02/15/50 (B)   1,629,375    1,612,326 
Madison Park Funding XXXVI, Ser 2025-36A, Cl D1RR  
6.868%, TSFR3M + 2.550%, 04/15/35 (A)(B)   6,000,000    5,960,892 
Mosaic Solar Loan Trust, Ser 2022-1A, Cl B  
3.160%, 01/20/53 (B)   1,002,879    758,211 
Mosaic Solar Loan Trust, Ser 2023-2A, Cl C  
8.180%, 09/22/53 (B)   1,000,000    556,360 
MVW Owner Trust, Ser 2024-1A, Cl C  
6.200%, 02/20/43 (B)   802,910    810,823 
MVW Owner Trust, Ser 2024-2A, Cl C  
4.920%, 03/20/42 (B)   563,500    548,031 
Neuberger Berman Loan Advisers CLO 35, Ser 2025-35A, Cl DR  
7.476%, TSFR3M + 3.150%, 01/19/33 (A)(B)   3,200,000    3,210,394 
Octagon Investment Partners 26, Ser 2018-1A, Cl CR  
6.379%, TSFR3M + 2.062%, 07/15/30 (A)(B)   1,000,000    1,002,132 
Pagaya AI Debt Grantor Trust And Pagaya AI Debt Trust, Ser 2024-6, Cl C  
7.068%, 11/15/31 (B)   1,448,241    1,458,098 
Pagaya AI Debt Grantor Trust, Ser 2024-11, Cl D  
6.307%, 07/15/32 (B)   1,019,883    1,020,308 
Pagaya AI Debt Grantor Trust, Ser 2024-9, Cl D  
6.174%, 03/15/32 (B)   1,339,034    1,339,885 
Pagaya AI Debt Grantor Trust, Ser 2025-3, Cl D  
6.988%, 12/15/32 (B)   960,000    973,174 
Pagaya AI Debt Grantor Trust, Ser 2025-5, Cl D  
5.865%, 03/15/33 (B)   720,000    720,017 
Pagaya AI Debt Trust, Ser 2024-10, Cl D  
6.429%, 06/15/32 (B)   1,340,591    1,344,074 
Pagaya AI Debt Trust, Ser 2024-3, Cl C  
7.297%, 10/15/31 (B)   1,303,195    1,316,143 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

ASSET-BACKED SECURITIES — continued
   Face
Amount
   Value 
Pagaya AI Debt Trust, Ser 2025-1, Cl D  
6.282%, 07/15/32 (B)  $1,019,913   $1,022,179 
Pagaya AI Debt Trust, Ser 2025-4, Cl D  
6.572%, 01/17/33 (B)   1,120,000    1,123,242 
Pagaya Point of Sale Holdings Grantor Trust, Ser 2025-1, Cl D  
6.739%, 01/20/34 (B)   760,000    764,092 
ServiceMaster Funding, Ser 2020-1, Cl A2I  
2.841%, 01/30/51 (B)   940,460    871,993 
SERVPRO Master Issuer, Ser 2019-1A, Cl A2  
3.882%, 10/25/49 (B)   1,696,500    1,667,175 
Sunnova Helios XI Issuer, Ser 2023-A, Cl A  
5.300%, 05/20/50 (B)   880,250    804,255 
Sunnova Helios XII Issuer, Ser 2023-B, Cl A  
5.300%, 08/22/50 (B)   864,191    790,804 
Sunrun Neptune Issuer, Ser 2024-1A, Cl A  
6.270%, 02/01/55 (B)   1,313,527    1,290,946 
Vivint Solar Financing V, Ser 2018-1A, Cl B  
7.370%, 04/30/48 (B)   157,334    149,900 
Westgate Resorts, Ser 2023-1A, Cl C  
7.490%, 12/20/37 (B)   1,170,756    1,191,113 
         64,905,396 
Total Asset-Backed Securities          
(Cost $130,026,451)        129,875,776 
           
MUNICIPAL BONDS — 1.9%
 
Alaska — 0.1%
City of Port Lions Alaska, RB
7.000%, 10/01/32  $425,000   $444,330 
           
California — 0.4%
California Community Choice Financing Authority, RB  
6.125%, 04/01/30   1,420,000    1,461,808 
5.950%, 08/01/29   825,000    838,787 
City of Los Angeles Department of Airports Customer Facility Charge Revenue, RB  
3.258%, 05/15/30   1,000,000    946,888 
         3,247,483 
MUNICIPAL BONDS — continued
   Face
Amount
   Value 
Hawaii — 0.1%
State of Hawaii Department of Business Economic Development & Tourism, Ser A-2, RB  
3.242%, 01/01/31  $650,632   $635,429 
           
Illinois — 0.3%
Chicago Housing Authority, Ser B, RB  
3.822%, 01/01/26   500,000    498,649 
Village of Deerfield Illinois, Ser B, GO  
4.000%, 12/01/28   1,250,000    1,238,663 
         1,737,312 
Indiana — 0.0%
City of Fort Wayne Indiana, RB  
10.750%, 12/01/29   234,358    23 
           
Iowa — 0.1%
Iowa Finance Authority, RB  
7.000%, 11/01/27 (B)   415,000    418,182 
           
Maryland — 0.0%
Montgomery County Housing Opportunities Commission, GO  
4.482%, 12/01/29   250,000    251,444 
           
Montana — 0.0%
County of Gallatin Montana, RB  
11.500%, 09/01/27 (B)   500,000    512,720 
         512,720 
New Hampshire — 0.5%
New Hampshire Business Finance Authority, RB  
4.650%, 02/01/29 (A)(B)   2,500,000    2,500,000 
4.520%, 07/01/33 (A)(B)   850,000    850,000 
         3,350,000 
New York — 0.2%
New York State Energy Research & Development Authority, Ser A, RB  
5.822%, 04/01/28   500,000    499,051 
4.621%, 04/01/27   820,000    817,304 
         1,316,355 
Pennsylvania — 0.0%
Redevelopment Authority of the City of Philadelphia, Ser A, RB  
5.226%, 09/01/40   275,000    267,941 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

MUNICIPAL BONDS — continued
   Face
Amount
   Value 
South Dakota — 0.0%
South Dakota Housing Development Authority, Ser E, RB  
5.460%, 05/01/53  $200,000   $202,125 
           
Wisconsin — 0.2%
Public Finance Authority, RB  
6.250%, 06/01/31 (B)   500,000    499,897 
Public Finance Authority, Ser A, RB  
5.292%, 07/01/29   500,000    506,176 
         1,006,073 
Total Municipal Bonds          
(Cost $13,555,516)        13,389,417 
           
SOVEREIGN DEBT — 1.1%
 
CANADA — 0.3%
OMERS Finance Trust
3.500%, 04/19/32(B)  $2,000,000   $1,886,182 
           
         1,886,182 
FINLAND — 0.1%
Kuntarahoitus
3.625%, 10/09/29(B)   1,000,000    984,206 
           
JAPAN — 0.5%
Japan Bank for International Cooperation  
4.375%, 10/05/27   1,846,000    1,855,482 
1.625%, 01/20/27   1,500,000    1,445,281 
Japan International Cooperation Agency  
4.250%, 05/22/30   230,000    230,510 
         3,531,273 
NETHERLANDS — 0.2%
Nederlandse Waterschapsbank  
4.375%, 02/28/29(B)   400,000    404,221 
1.000%, 05/28/30(B)   1,000,000    867,183 
         1,271,404 
Total Sovereign Debt          
(Cost $7,639,740)        7,673,065 
BANK LOAN OBLIGATIONS — 0.4%
   Face
Amount
   Value 
ECOLOGICAL SERVICES & EQUIPMENT — 0.4%
LTR Intermediate Holdings Term Loan
9.460%, 05/05/28  $248,062   $243,153 
Terraform Power Operating Specified Refinancing Term Loan
6.296%, TSFR1M + 2.500%, 05/21/29(A)   1,625,000    1,622,286 
Vistra Zero Operating Company Term Loan
6.324%, 03/20/31   995,000    985,229 
         2,850,668 
Total Bank Loan Obligations          
(Cost $2,862,495)        2,850,668 
           
U.S. GOVERNMENT AGENCY OBLIGATION — 0.0%
 
United States International Development Finance
1.790%, 10/15/29  $218,923   $207,930 
           
Total U.S. Government Agency Obligation          
(Cost $209,688)        207,930 
Total Investments in Securities— 98.1%          
(Cost $682,037,403)       $684,436,399 

 

Percentages are based on Net Assets of $697,729,662.

 

Real Estate Investment Trust.
(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.
(B) Securities sold within the terms of a private placement memorandum, exempt from registration under section 144A of the Securities Act of 1933, as amended, and maybe sold only to dealers in the program or other "accredited investors". The total value of these securities at July 31, 2025 was $233,192,093 and represented 33.4% of Net Assets.
(C) Perpetual security with no stated maturity date.
(D) Zero coupon security.

 

 

CATHOLIC RESPONSIBLE INVESTMENTS OPPORTUNISTIC BOND FUND

 

JULY 31, 2025 (Unaudited)

 

 

(E) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.
   
Cl — Class
CLO — Collateralized Loan Obligation
DAC — Designated Activity Company
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
GO — General Obligation
H15T1Y — US Treasury Yield Curve Rate T Note Constant Maturity 1 Year
H15T5Y — US Treasury Yield Curve Rate T Note Constant Maturity 5 Year
IO— Interest Only
MTN — Medium Term Note
RB — Revenue Bond
REMIC — Real Estate Mortgage Investment Conduit
Ser — Series
SOFRRATE — Secured Overnight Financing Rate
SOFRINDX — Secured Overnight Financing Rate Index
TSFR1M — Term Secured Overnight Financing Rate 1 Month
TSFR3M — Term Secured Overnight Financing Rate 3 Month
USBMMY3M — U.S. Treasury Bill Money Market Yield 3 Month
 
CRI-QH-001-0800

 

 

CATHOLIC RESPONSIBLE INVESTMENTS EQUITY INDEX FUND

 

JULY 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS
COMMON STOCK — 99.8%
   Shares   Value 
COMMUNICATION SERVICES — 10.3%
Alphabet, Cl A   483,962   $92,872,308 
Alphabet, Cl C   392,911    75,776,815 
AT&T   783,921    21,487,275 
Charter Communications, Cl A *   7,703    2,074,880 
Comcast, Cl A   322,505    10,716,841 
Electronic Arts   18,416    2,808,256 
Fox, Cl A   17,286    963,867 
Fox, Cl B   10,642    544,232 
Interpublic Group of   29,879    735,023 
Match Group   19,804    678,683 
Meta Platforms, Cl A   177,478    137,268,584 
Netflix *   35,369    41,006,819 
News, Cl A   30,432    892,266 
News, Cl B   9,037    302,017 
Omnicom Group   15,722    1,132,770 
Paramount Global, Cl B   48,580    610,651 
Take-Two Interactive Software *   13,673    3,045,387 
TKO Group Holdings, Cl A   5,410    908,934 
T-Mobile US   58,099    13,851,383 
Trade Desk, Cl A *   36,200    3,147,952 
Verizon Communications   452,265    19,338,851 
Walt Disney   145,084    17,280,955 
Warner Bros Discovery *   181,727    2,393,345 
         449,838,094 
CONSUMER DISCRETIONARY — 10.4%
Airbnb, Cl A *   34,832    4,612,105 
Amazon.com *   762,527    178,515,196 
Aptiv *   17,537    1,203,740 
AutoZone *   1,350    5,087,313 
Best Buy   15,595    1,014,611 
Booking Holdings   2,626    14,453,662 
CarMax *   12,261    694,095 
Carnival *   84,722    2,522,174 
Chipotle Mexican Grill, Cl A *   108,700    4,661,056 
Darden Restaurants   9,444    1,904,572 
Deckers Outdoor *   12,249    1,300,476 
Domino's Pizza   2,763    1,279,849 
DoorDash, Cl A *   27,670    6,924,418 
DR Horton   22,311    3,186,903 
eBay   37,175    3,410,806 
Expedia Group   9,813    1,768,499 
Ford Motor   315,217    3,489,452 
Garmin   18,273    3,997,401 
General Motors   77,616    4,140,037 
Genuine Parts   11,201    1,443,585 
Hasbro   10,585    795,568 
Hilton Worldwide Holdings   19,183    5,142,579 
Home Depot   80,213    29,479,080 
Lennar, Cl A   19,243    2,158,680 
LKQ   20,820    613,565 
COMMON STOCK — continued
   Shares   Value 
CONSUMER DISCRETIONARY— continued
Lowe's   45,170   $10,098,657 
Lululemon Athletica *   8,921    1,788,928 
Marriott International, Cl A   18,347    4,840,489 
McDonald's   57,705    17,315,539 
Mohawk Industries *   4,188    479,568 
NIKE, Cl B   108,335    8,091,541 
Norwegian Cruise Line Holdings *   36,071    921,975 
NVR *   297    2,242,199 
O'Reilly Automotive *   68,998    6,783,883 
Pool   3,034    934,897 
PulteGroup   16,175    1,826,481 
Ralph Lauren, Cl A   3,219    961,676 
Ross Stores   26,538    3,623,499 
Royal Caribbean Cruises   20,162    6,408,895 
Starbucks   91,757    8,181,054 
Tapestry   16,761    1,810,691 
Tesla *   226,149    69,714,952 
TJX   90,104    11,220,651 
Tractor Supply   42,780    2,436,321 
Ulta Beauty *   3,644    1,876,696 
Williams-Sonoma   9,922    1,855,910 
Yum! Brands   22,433    3,233,717 
         450,447,641 
CONSUMER STAPLES — 5.7%
Archer-Daniels-Midland   65,049    3,524,355 
Brown-Forman, Cl B   18,473    532,946 
Bunge Global   33,673    2,685,758 
Campbell Soup   48,687    1,554,089 
Clorox   9,947    1,248,945 
Coca-Cola   468,938    31,836,201 
Colgate-Palmolive   133,584    11,201,018 
Conagra Brands   101,110    1,846,269 
Constellation Brands, Cl A   18,767    3,134,840 
Costco Wholesale   40,110    37,688,960 
Dollar General   17,750    1,861,975 
Dollar Tree *   15,942    1,810,214 
Estee Lauder, Cl A   18,894    1,763,566 
General Mills   112,260    5,498,495 
Hershey   23,419    4,358,978 
Hormel Foods   78,117    2,194,307 
J M Smucker   12,978    1,393,058 
Kellanova   37,894    3,025,078 
Kenvue   199,581    4,279,017 
Keurig Dr Pepper   225,190    7,352,454 
Kimberly-Clark   56,397    7,028,194 
Kraft Heinz   227,356    6,243,196 
Kroger   69,842    4,895,924 
Lamb Weston Holdings   11,386    649,799 
McCormick   44,061    3,112,028 
Molson Coors Beverage, Cl B   44,728    2,179,148 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS EQUITY INDEX FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
CONSUMER STAPLES— continued
Mondelez International, Cl A   186,228   $12,047,089 
Monster Beverage *   109,308    6,421,845 
PepsiCo   183,211    25,268,461 
Sysco   50,418    4,013,273 
Target   36,668    3,685,134 
Tyson Foods, Cl A   57,077    2,985,127 
Walgreens Boots Alliance   57,937    674,387 
Walmart   415,219    40,683,158 
         248,677,286 
ENERGY — 3.1%
APA   29,152    562,342 
Baker Hughes, Cl A   79,931    3,600,891 
Chesapeake Energy   17,443    1,827,677 
Chevron   161,733    24,525,150 
ConocoPhillips   101,892    9,714,383 
Coterra Energy   61,639    1,503,375 
Devon Energy   51,780    1,720,132 
Diamondback Energy   15,090    2,243,279 
EOG Resources   44,047    5,286,521 
Equities   48,300    2,596,125 
Exxon Mobil   381,146    42,551,140 
Halliburton   69,413    1,554,851 
Kinder Morgan   162,514    4,560,143 
Marathon Petroleum   24,793    4,219,521 
Occidental Petroleum   57,187    2,512,797 
ONEOK   50,400    4,138,344 
Phillips 66   32,881    4,063,434 
Schlumberger   121,142    4,094,600 
Targa Resources   17,507    2,913,340 
Texas Pacific Land   1,521    1,472,526 
Valero Energy   25,277    3,470,785 
Williams   102,847    6,165,678 
        135,297,034 
FINANCIALS — 14.0%
Aflac   41,303    4,103,866 
Allstate   23,541    4,784,708 
American Express   44,666    13,368,981 
American International Group   53,326    4,139,697 
Ameriprise Financial   7,685    3,982,290 
Aon, Cl A   17,427    6,198,958 
Apollo Global Management   36,436    5,294,880 
Arch Capital Group   30,163    2,595,828 
Arthur J Gallagher   20,668    5,936,883 
Assurant   4,092    766,432 
Bank of America   528,869    24,999,638 
Bank of New York Mellon   57,738    5,857,520 
Berkshire Hathaway, Cl B *   163,689    77,241,565 
Blackstone   58,885    10,184,750 
Block, Cl A *   44,800    3,461,248 
Brown & Brown   22,604    2,065,328 
Capital One Financial   51,621    11,098,408 
COMMON STOCK — continued
   Shares   Value 
FINANCIALS— continued
Cboe Global Markets   8,451   $2,037,029 
Charles Schwab   137,876    13,474,621 
Chubb   46,542    12,382,034 
Cincinnati Financial   12,614    1,860,691 
Citigroup   150,781    14,128,180 
Citizens Financial Group   34,949    1,667,766 
CME Group, Cl A   31,638    8,804,223 
Coinbase Global, Cl A *   17,061    6,444,963 
Corpay *   5,689    1,837,831 
Erie Indemnity, Cl A   2,013    717,111 
Everest Group   3,433    1,152,801 
FactSet Research Systems   3,062    1,233,680 
Fidelity National Information Services   42,427    3,369,128 
Fifth Third Bancorp   53,826    2,237,547 
Fiserv *   44,745    6,216,870 
Franklin Resources   25,060    601,440 
Global Payments   19,665    1,572,217 
Globe Life   6,662    935,811 
Goldman Sachs Group   24,763    17,918,259 
Hartford Financial Services Group   22,928    2,852,014 
Huntington Bancshares   117,551    1,931,363 
Intercontinental Exchange   46,293    8,556,335 
Invesco   36,086    758,167 
Jack Henry & Associates   5,877    998,003 
JPMorgan Chase   224,281    66,441,003 
KeyCorp   79,567    1,425,841 
Loews   14,043    1,271,453 
M&T Bank   12,954    2,444,420 
MarketAxess Holdings   3,027    622,049 
Marsh & McLennan   44,178    8,800,258 
Mastercard, Cl A   72,518    41,079,271 
MetLife   45,529    3,457,928 
Moody's   12,486    6,439,405 
Morgan Stanley   99,695    14,202,550 
MSCI, Cl A   6,244    3,505,132 
Nasdaq   33,317    3,205,762 
Northern Trust   15,700    2,041,000 
PayPal Holdings *   78,499    5,397,591 
PNC Financial Services Group   31,923    6,073,989 
Principal Financial Group   16,639    1,295,013 
Progressive   53,240    12,886,210 
Prudential Financial   28,569    2,959,177 
Raymond James Financial   14,654    2,449,123 
Regions Financial   72,580    1,838,451 
S&P Global   25,333    13,961,016 
State Street   23,015    2,571,926 
Synchrony Financial   30,761    2,143,119 
T Rowe Price Group   17,780    1,803,781 
Travelers   23,664    6,158,319 
Truist Financial   105,634    4,617,262 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS EQUITY INDEX FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
FINANCIALS— continued
US Bancorp   125,738   $5,653,180 
Visa, Cl A   152,569    52,708,012 
W R Berkley   24,217    1,666,372 
Wells Fargo   262,635    21,176,260 
Willis Towers Watson   8,002    2,527,112 
         602,591,049 
HEALTH CARE — 6.8%
Align Technology *   6,133    791,218 
Baxter International   117,200    2,550,272 
Boston Scientific *   204,466    21,452,573 
Cardinal Health   53,783    8,348,197 
Cencora, Cl A   33,159    9,486,127 
Centene *   236,900    6,175,983 
Cigna Group   39,502    10,562,045 
CVS Health   150,539    9,348,472 
DaVita *   9,311    1,306,985 
Dexcom *   37,213    3,005,694 
Edwards Lifesciences *   82,234    6,521,979 
Elevance Health   43,978    12,449,292 
Henry Schein *   45,230    3,059,810 
Hologic *   78,381    5,237,418 
Humana   19,435    4,856,223 
IDEXX Laboratories *   11,056    5,907,331 
Insulet *   6,619    1,908,920 
Intuitive Surgical *   42,443    20,418,903 
IQVIA Holdings *   132,956    24,711,202 
McKesson   18,317    12,703,572 
Medtronic   189,090    17,063,482 
Molina Healthcare *   28,334    4,473,089 
Quest Diagnostics   38,237    6,401,256 
ResMed   21,749    5,914,423 
Solventum *   38,758    2,765,771 
STERIS   28,501    6,455,191 
Stryker   49,549    19,459,379 
West Pharmaceutical Services   85,062    20,351,934 
Zimmer Biomet Holdings   59,726    5,473,888 
Zoetis, Cl A   266,355    38,831,895 
         297,992,524 
INDUSTRIALS — 8.3%
3M   48,377    7,218,816 
A O Smith   9,356    662,311 
Allegion   6,944    1,152,149 
AMETEK   28,062    5,187,261 
Automatic Data Processing   45,428    14,059,966 
Axon Enterprise *   5,969    4,509,520 
Broadridge Financial Solutions   14,285    3,535,680 
Builders FirstSource *   8,919    1,133,872 
Carrier Global   72,786    4,994,575 
Caterpillar   43,389    19,005,250 
CH Robinson Worldwide   9,605    1,107,649 
Cintas   37,100    8,256,605 
COMMON STOCK — continued
   Shares   Value 
INDUSTRIALS— continued
Copart *   77,692   $3,521,778 
CSX   151,582    5,387,224 
Cummins   14,598    5,366,517 
Dayforce *   12,870    742,213 
Deere   27,397    14,366,165 
Delta Air Lines   52,700    2,804,167 
Dover   13,726    2,486,328 
Eaton   37,276    14,340,822 
Emerson Electric   50,510    7,349,710 
Equifax   10,023    2,407,825 
Expeditors International of Washington   11,052    1,284,684 
Fastenal   122,458    5,648,988 
FedEx   17,789    3,975,664 
Fortive   30,650    1,469,055 
GE Vernova   23,993    15,842,338 
Generac Holdings *   4,768    928,282 
General Electric   97,644    26,469,336 
Howmet Aerospace   36,368    6,537,875 
Hubbell, Cl B   4,307    1,884,226 
IDEX   6,097    996,920 
Illinois Tool Works   34,273    8,772,860 
Ingersoll Rand   32,559    2,755,468 
JB Hunt Transport Services   6,324    910,972 
Johnson Controls International   63,381    6,655,005 
Lennox International   2,809    1,710,681 
Masco   16,991    1,157,597 
Nordson   4,363    934,598 
Norfolk Southern   18,194    5,057,932 
Old Dominion Freight Line   15,008    2,239,944 
Otis Worldwide   46,881    4,017,233 
PACCAR   56,049    5,535,399 
Parker-Hannifin   12,901    9,442,242 
Paychex   40,672    5,870,190 
Paycom Software   3,933    910,647 
Pentair   13,278    1,357,012 
Quanta Services   12,175    4,944,633 
Republic Services, Cl A   28,984    6,685,160 
Rockwell Automation   9,097    3,199,506 
Rollins   43,270    2,478,073 
Snap-on   5,678    1,823,717 
Southwest Airlines   45,971    1,421,883 
Stanley Black & Decker   12,487    844,746 
Trane Technologies   22,815    9,994,795 
TransDigm Group   6,877    11,061,379 
Uber Technologies *   168,800    14,812,200 
Union Pacific   48,218    10,702,949 
United Airlines Holdings *   26,311    2,323,524 
United Parcel Service, Cl B   59,221    5,102,481 
United Rentals   5,246    4,631,903 
Veralto   20,334    2,131,613 
Verisk Analytics, Cl A   16,473    4,591,190 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS EQUITY INDEX FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
INDUSTRIALS— continued
Waste Management   42,655   $9,774,820 
Westinghouse Air Brake Technologies   19,979    3,836,967 
WW Grainger   4,887    5,080,232 
Xylem   21,731    3,142,737 
         360,546,059 
INFORMATION TECHNOLOGY — 34.5%
Accenture, Cl A   50,522    13,494,426 
Adobe *   34,396    12,303,105 
Advanced Micro Devices *   131,725    23,224,435 
Akamai Technologies *   11,755    897,024 
Amphenol, Cl A   97,618    10,397,293 
Analog Devices   47,774    10,731,474 
Apple   1,249,415    259,341,072 
Applied Materials   71,089    12,800,285 
Arista Networks *   83,112    10,241,061 
Autodesk *   17,266    5,233,497 
Broadcom   384,170    112,830,729 
Cadence Design Systems *   22,035    8,033,300 
CDW   10,627    1,853,136 
Cisco Systems   347,850    23,681,628 
Cognizant Technology Solutions, Cl A   39,801    2,856,120 
Crowdstrike Holdings, Cl A *   20,101    9,137,312 
Datadog, Cl A *   25,784    3,609,244 
Dell Technologies, Cl C   24,177    3,208,046 
Enphase Energy *   10,559    341,689 
EPAM Systems *   4,572    721,050 
F5 *   4,635    1,452,702 
Fair Isaac *   1,965    2,823,155 
First Solar *   8,655    1,512,288 
Fortinet *   51,270    5,121,873 
Gartner *   6,212    2,103,694 
Gen Digital   44,048    1,298,976 
GoDaddy, Cl A *   11,499    1,858,008 
Hewlett Packard Enterprise   106,019    2,193,533 
HP   76,123    1,887,850 
Intel   352,066    6,970,907 
International Business Machines   75,005    18,987,516 
Intuit   22,562    17,714,103 
Jabil   8,663    1,933,322 
Keysight Technologies *   13,946    2,285,889 
KLA   12,266    10,782,182 
Lam Research   108,829    10,321,342 
Microchip Technology   43,428    2,935,299 
Micron Technology   90,191    9,843,446 
Microsoft   611,602    326,289,667 
Monolithic Power Systems   3,864    2,748,231 
Motorola Solutions   13,471    5,913,500 
NetApp   16,416    1,709,398 
NVIDIA   1,985,286    353,122,821 
COMMON STOCK — continued
   Shares   Value 
INFORMATION TECHNOLOGY— continued
NXP Semiconductors   22,106   $4,725,600 
ON Semiconductor *   33,700    1,899,332 
Oracle   131,260    33,309,850 
Palantir Technologies, Cl A *   171,666    27,183,311 
Palo Alto Networks *   53,434    9,276,142 
PTC *   9,680    2,079,361 
QUALCOMM   98,549    14,463,051 
Roper Technologies   8,677    4,775,821 
Salesforce   77,432    20,003,009 
Seagate Technology Holdings   17,127    2,689,110 
ServiceNow *   16,706    15,755,763 
Skyworks Solutions   12,089    828,580 
Super Micro Computer *   41,400    2,441,358 
Synopsys *   14,926    9,455,173 
TE Connectivity   23,932    4,924,009 
Teradyne   12,915    1,387,458 
Texas Instruments   86,256    15,617,511 
Trimble *   19,300    1,619,077 
Tyler Technologies *   3,480    2,034,269 
VeriSign   6,517    1,752,226 
Western Digital   28,147    2,214,887 
Workday, Cl A *   17,483    4,010,251 
Zebra Technologies, Cl A *   4,104    1,391,338 
         1,500,582,115 
MATERIALS — 1.9%
Air Products and Chemicals   17,960    5,170,325 
Albemarle   9,460    641,861 
Amcor   184,935    1,729,142 
Avery Dennison   6,309    1,058,461 
Ball   22,368    1,280,792 
CF Industries Holdings   13,098    1,215,887 
Corteva   55,039    3,969,963 
Dow   57,028    1,328,182 
DuPont de Nemours   33,765    2,427,704 
Eastman Chemical   9,279    673,748 
Ecolab   21,149    5,535,962 
Freeport-McMoRan   115,951    4,665,868 
International Flavors & Fragrances   20,667    1,467,977 
International Paper   42,630    1,992,526 
Linde   46,328    21,322,925 
LyondellBasell Industries, Cl A   20,795    1,204,654 
Martin Marietta Materials   4,865    2,796,791 
Mosaic   25,566    920,632 
Newmont   89,801    5,576,642 
Nucor   18,622    2,664,250 
Packaging Corp of America   7,210    1,396,938 
PPG Industries   18,320    1,932,760 
Sherwin-Williams   18,606    6,156,353 
Smurfit WestRock   40,041    1,777,020 
Steel Dynamics   11,142    1,421,274 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS EQUITY INDEX FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
MATERIALS— continued
Vulcan Materials   10,661   $2,928,257 
         83,256,894 
REAL ESTATE — 2.4%
American Tower ‡   43,700    9,106,643 
AvalonBay Communities ‡   23,142    4,310,892 
BXP ‡   11,772    770,242 
Camden Property Trust ‡   8,622    941,522 
CBRE Group, Cl A *   23,698    3,690,727 
CoStar Group *   34,000    3,236,460 
Crown Castle International ‡   35,143    3,693,178 
Digital Realty Trust ‡   39,020    6,884,689 
Equinix ‡   10,554    8,286,684 
Equity Residential ‡   49,382    3,120,942 
Essex Property Trust ‡   5,196    1,351,895 
Extra Space Storage ‡   17,126    2,301,049 
Federal Realty Investment Trust ‡   6,258    576,737 
Host Hotels & Resorts ‡   55,991    880,179 
Invitation Homes ‡   46,000    1,409,900 
Iron Mountain ‡   23,844    2,321,452 
Kimco Realty ‡   59,455    1,262,230 
Mid-America Apartment Communities ‡   9,447    1,345,536 
Prologis ‡   75,447    8,056,231 
Public Storage ‡   12,742    3,465,059 
Realty Income ‡   136,130    7,640,977 
Regency Centers ‡   13,187    941,552 
SBA Communications, Cl A ‡   8,672    1,948,772 
Simon Property Group ‡   29,582    4,845,236 
UDR ‡   24,283    954,079 
Welltower ‡   114,291    18,866,015 
Weyerhaeuser ‡   58,569    1,467,153 
         103,676,031 
UTILITIES — 2.4%
Alliant Energy   31,800    2,067,318 
COMMON STOCK — continued
   Shares   Value 
UTILITIES— continued
American Water Works   18,193   $2,551,386 
Atmos Energy   24,013    3,744,107 
CenterPoint Energy   93,486    3,629,127 
CMS Energy   40,337    2,976,871 
Consolidated Edison   50,921    5,270,324 
Constellation Energy   25,294    8,798,265 
Dominion Energy   103,567    6,053,491 
Edison International   31,087    1,620,254 
Entergy   63,230    5,717,889 
Eversource Energy   29,669    1,961,121 
Exelon   160,913    7,231,430 
FirstEnergy   71,857    3,069,012 
NextEra Energy   197,988    14,069,027 
NRG Energy   15,778    2,638,082 
PG&E   208,400    2,921,768 
Pinnacle West Capital   10,804    979,059 
Public Service Enterprise Group   63,746    5,723,753 
Sempra   90,724    7,410,336 
Southern   150,843    14,251,647 
         102,684,267 
Total Common Stock          
(Cost $1,806,071,260)        4,335,588,994 
           
RIGHTS — 0.0%          
   Number of
Rights
     
Abiomed * (A)(B)   5,594   $ 
           
Total Rights          
(Cost $–)         
Total Investments in Securities— 99.8%          
(Cost $1,806,071,260)       $4,335,588,994 

 

Percentages are based on Net Assets of $4,345,725,612.

 

A list of the open futures contracts held by the Fund at July 31, 2025, is as follows:

 

Type of Contract  Number of
Contracts
  Expiration
Date
  Notional Amount   Value   Unrealized
Appreciation
 
Long Contracts                      
S&P 500 Index E-MINI  26  Sep-2025  $8,257,000   $8,286,525   $29,525 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS EQUITY INDEX FUND

 

JULY 31, 2025 (Unaudited)

 

 

* Non-income producing security.
Real Estate Investment Trust.
   
(A) Level 3 security in accordance with fair value hierarchy.
(B) Expiration date not available.

 

Cl — Class

 

Amounts designated as “–” are $0 or have been round to $0.

 

CRI-QH-001-0800

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS
COMMON STOCK — 99.9%
   Shares   Value 
COMMUNICATION SERVICES — 3.1%
Angi, Cl A *   18,687   $303,102 
Cable One   1,823    233,308 
Cargurus, Cl A *   34,352    1,127,433 
Cars.com *   22,850    294,080 
Cinemark Holdings   41,907    1,126,041 
Cogent Communications Holdings   16,974    773,845 
DoubleVerify Holdings, Cl Rights *   54,390    833,255 
Gogo *   27,757    440,226 
IAC *   26,703    1,049,428 
John Wiley & Sons, Cl A   16,134    622,772 
Lumen Technologies *   429,774    1,912,494 
Madison Square Garden Sports *   6,634    1,340,731 
QuinStreet *   22,493    369,110 
Scholastic   9,291    229,209 
Shenandoah Telecommunications   21,102    309,777 
Shutterstock   9,645    184,798 
TEGNA   63,476    1,060,049 
Telephone and Data Systems   41,482    1,619,457 
Thryv Holdings *   16,184    212,981 
Toro Combineco *   17,781    128,735 
TripAdvisor *   47,120    824,129 
Yelp, Cl A *   25,214    868,118 
Ziff Davis *   16,622    517,277 
         16,380,355 
CONSUMER DISCRETIONARY — 13.0%
Abercrombie & Fitch, Cl A *   500    48,010 
Academy Sports & Outdoors   26,330    1,337,301 
Acushnet Holdings   11,109    884,499 
Adient *   33,181    711,401 
Adtalem Global Education *   15,408    1,760,672 
Advance Auto Parts   24,156    1,281,959 
American Axle & Manufacturing Holdings *   46,498    206,916 
American Eagle Outfitters   62,270    672,516 
Asbury Automotive Group *   7,778    1,727,649 
BJ's Restaurants *   10,322    365,708 
Bloomin' Brands   29,898    272,371 
Boot Barn Holdings *   12,430    2,136,717 
BorgWarner   86,893    3,197,662 
Brinker International *   18,722    2,950,587 
Buckle   11,969    590,909 
Caleres   13,496    185,300 
Carter's   14,369    348,305 
Cavco Industries *   3,314    1,337,762 
Century Communities   10,744    604,780 
Champion Homes *   21,508    1,309,837 
Cheesecake Factory   19,983    1,277,114 
COMMON STOCK — continued
   Shares   Value 
CONSUMER DISCRETIONARY— continued
Cracker Barrel Old Country Store   9,999   $619,938 
Dana   52,180    830,706 
Dave & Buster's Entertainment *   11,951    349,447 
Dorman Products *   10,750    1,296,665 
Dream Finders Homes, Cl A *   13,442    340,351 
Ethan Allen Interiors   9,143    272,187 
Etsy *   41,241    2,403,113 
Foot Locker *   34,753    870,215 
Fox Factory Holding *   16,474    500,315 
Frontdoor *   31,107    1,819,759 
Gentherm *   12,188    390,503 
G-III Apparel Group *   16,465    388,574 
Green Brick Partners *   12,313    762,667 
Group 1 Automotive   5,076    2,092,073 
Guess?   11,011    143,143 
Hanesbrands *   150,540    615,709 
Helen of Troy *   10,138    222,833 
Installed Building Products   9,255    1,872,194 
Jack in the Box   7,427    146,312 
Kohl's   43,966    476,591 
Kontoor Brands   20,261    1,127,727 
La-Z-Boy, Cl Z   17,170    617,605 
LCI Industries   9,968    946,960 
Leggett & Platt   57,549    549,593 
LGI Homes *   8,145    433,884 
M/I Homes *   10,958    1,317,042 
MarineMax *   7,578    171,869 
Matthews International, Cl A   12,961    304,454 
Meritage Homes   29,030    1,954,880 
Mister Car Wash *   42,756    246,916 
Monro   11,828    166,716 
National Vision Holdings *   33,765    819,139 
Oxford Industries   5,522    210,830 
Papa John's International   14,175    601,162 
Patrick Industries   13,233    1,286,777 
Perdoceo Education   27,517    791,939 
Phinia   15,721    797,055 
Sabre *   169,384    513,234 
Sally Beauty Holdings *   39,847    388,110 
Shake Shack, Cl A *   16,703    2,010,039 
Shoe Carnival   7,091    145,082 
Signet Jewelers   16,966    1,342,011 
Six Flags Entertainment   37,227    1,115,321 
Sonic Automotive, Cl A   5,776    417,894 
Sonos *   51,102    552,413 
Standard Motor Products   8,282    251,442 
Steven Madden   28,684    688,559 
Strategic Education   9,446    700,374 
Stride *   18,863    2,418,802 
Topgolf Callaway Brands *   60,106    555,980 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
CONSUMER DISCRETIONARY— continued
Tri Pointe Homes *   35,900   $1,105,720 
Upbound Group, Cl A   20,326    419,427 
Urban Outfitters *   23,103    1,739,194 
Viad *   9,130    276,091 
Victoria's Secret *   32,957    619,592 
Winnebago Industries   11,068    328,941 
Wolverine World Wide   35,502    801,635 
XPEL *   8,959    292,870 
         68,648,549 
CONSUMER STAPLES — 3.2%
Andersons   12,736    457,477 
B&G Foods   35,178    144,230 
Cal-Maine Foods   19,062    2,118,551 
Central Garden & Pet *   3,375    131,692 
Central Garden & Pet, Cl A *   19,506    692,853 
Chefs' Warehouse *   15,611    1,070,290 
Edgewell Personal Care   18,574    468,622 
Energizer Holdings   25,946    584,304 
Fresh Del Monte Produce   17,605    661,772 
Freshpet *   19,911    1,360,319 
Grocery Outlet Holding *   41,682    548,952 
Inter Parfums   7,305    880,983 
J & J Snack Foods   6,147    693,935 
John B Sanfilippo & Son   3,628    229,689 
MGP Ingredients   5,432    153,617 
National Beverage *   9,256    424,110 
PriceSmart   10,474    1,125,955 
Simply Good Foods *   36,845    1,122,299 
SpartanNash   14,862    394,437 
Tootsie Roll Industries   8,182    310,359 
TreeHouse Foods *   17,950    344,999 
United Natural Foods *   27,757    767,203 
USANA Health Sciences *   4,266    125,378 
WD-40   5,350    1,147,040 
WK Kellogg   28,914    666,468 
         16,625,534 
ENERGY — 3.9%
Archrock   77,032    1,799,467 
Atlas Energy Solutions, Cl A   34,921    453,973 
Bristow Group *   12,573    434,649 
Cactus, Cl A   29,028    1,228,175 
California Resources   30,896    1,488,569 
Comstock Resources *   46,081    823,467 
Core Laboratories   20,553    224,850 
Crescent Energy, Cl A   83,905    775,282 
CVR Energy   17,868    478,505 
Dorian LPG   17,070    491,445 
Helix Energy Solutions Group *   67,100    397,903 
Helmerich & Payne   42,498    688,893 
Innovex International *   22,432    368,333 
International Seaways   18,064    720,754 
COMMON STOCK — continued
   Shares   Value 
ENERGY— continued
Liberty Energy, Cl A   69,779   $861,073 
Magnolia Oil & Gas, Cl A   79,370    1,890,593 
Northern Oil and Gas   42,585    1,199,194 
Par Pacific Holdings *   23,836    747,974 
Patterson-UTI Energy   156,747    926,375 
ProPetro Holding *   46,237    247,830 
REX American Resources *   7,530    393,668 
RPC   52,485    244,055 
SM Energy   48,986    1,351,524 
Talos Energy *   62,201    531,819 
Tidewater *   18,952    947,789 
Vital Energy *   14,774    276,126 
World Kinect   28,080    765,742 
         20,758,027 
FINANCIALS — 19.8%
Acadian Asset Management   10,603    443,099 
Ameris Bancorp   25,528    1,744,839 
AMERISAFE   7,519    336,701 
Apollo Commercial Real Estate Finance ‡   50,484    485,656 
Arbor Realty Trust ‡   75,891    846,944 
ARMOUR Residential REIT ‡   32,606    531,804 
Artisan Partners Asset Management, Cl A   27,880    1,261,570 
Assured Guaranty   18,254    1,543,923 
Atlantic Union Bankshares   56,356    1,786,485 
Axos Financial *   21,179    1,828,807 
Banc of California   50,557    734,088 
BancFirst   7,877    980,844 
Bancorp *   18,492    1,167,955 
Bank of Hawaii   15,693    971,083 
BankUnited   29,776    1,085,931 
Banner   13,657    847,758 
Berkshire Hills Bancorp   18,022    444,062 
BGC Group, Cl A   149,861    1,389,211 
Blackstone Mortgage Trust, Cl A ‡   67,772    1,252,427 
Bread Financial Holdings   18,929    1,160,348 
Brookline Bancorp   35,191    363,171 
Capitol Federal Financial   48,252    290,477 
Cathay General Bancorp   27,751    1,254,900 
Central Pacific Financial   10,654    284,036 
City Holding   5,720    698,412 
Cohen & Steers   10,671    784,959 
Community Financial System   20,925    1,102,748 
Customers Bancorp *   11,825    753,844 
CVB Financial   51,159    956,162 
Dime Community Bancshares   17,268    478,496 
Donnelley Financial Solutions *   10,043    531,877 
Eagle Bancorp   12,770    205,469 
Ellington Financial ‡   37,327    473,680 
Employers Holdings   9,495    391,954 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
FINANCIALS— continued
Enact Holdings   11,261   $391,432 
Encore Capital Group *   9,222    340,107 
Enova International *   10,583    1,106,559 
EVERTEC   25,124    908,233 
EZCORP, Cl A *   22,039    315,598 
FB Financial   15,963    778,356 
First BanCorp Puerto Rico   63,505    1,322,809 
First Bancorp Southern Pines   16,358    819,372 
First Commonwealth Financial   41,310    682,028 
First Financial Bancorp   37,810    916,514 
First Hawaiian   49,769    1,206,898 
Franklin BSP Realty Trust ‡   32,470    327,947 
Fulton Financial   71,949    1,291,485 
Genworth Financial, Cl A *   165,016    1,297,026 
Goosehead Insurance, Cl A   10,790    980,919 
HA Sustainable Infrastructure Capital   48,877    1,269,336 
Hanmi Financial   11,830    269,842 
HCI Group   4,391    614,916 
Heritage Financial   13,470    303,614 
Hilltop Holdings   17,990    532,504 
Hope Bancorp   50,068    500,179 
Horace Mann Educators   16,105    684,946 
Independent Bank   19,147    1,216,792 
Jackson Financial, Cl A   28,978    2,537,314 
KKR Real Estate Finance Trust ‡   23,205    209,773 
Lakeland Financial   10,094    639,657 
Lincoln National   68,777    2,621,091 
Mercury General   11,017    762,927 
Moelis, Cl A   29,340    2,057,908 
Mr Cooper Group *   26,379    4,107,738 
National Bank Holdings, Cl A   15,045    557,568 
Navient   28,763    372,193 
NBT Bancorp   20,664    855,076 
NCR Atleos *   29,049    888,899 
New York Mortgage Trust ‡   36,348    230,083 
NMI Holdings, Cl A *   30,934    1,154,457 
Northwest Bancshares   50,454    590,312 
OFG Bancorp   17,738    755,994 
Pacific Premier Bancorp   38,332    830,654 
Palomar Holdings *   11,525    1,526,947 
Park National   5,755    931,562 
Pathward Financial   9,304    703,615 
Payoneer Global *   108,751    714,494 
PennyMac Mortgage Investment Trust ‡   34,364    405,152 
Piper Sandler   6,500    2,049,580 
PJT Partners   9,833    1,756,370 
PRA Group *   17,046    259,099 
Preferred Bank   4,564    414,502 
ProAssurance *   26,131    620,873 
PROG Holdings   15,937    507,434 
COMMON STOCK — continued
   Shares   Value 
FINANCIALS— continued
Provident Financial Services   51,602   $940,188 
Radian Group   53,142    1,732,961 
Ready Capital ‡   67,634    284,739 
Redwood Trust ‡   52,573    287,049 
Renasant   36,474    1,336,407 
S&T Bancorp   15,138    554,656 
Safety Insurance Group   5,882    413,799 
Seacoast Banking Corp of Florida   33,581    946,648 
ServisFirst Bancshares   19,870    1,562,776 
Simmons First National, Cl A   49,743    953,573 
SiriusPoint *   40,871    801,480 
Southside Bancshares   11,217    330,228 
Stellar Bancorp   18,093    534,286 
StepStone Group, Cl A   26,439    1,569,419 
Stewart Information Services   11,026    715,918 
StoneX Group *   18,122    1,762,183 
Tompkins Financial   4,960    320,813 
Triumph Financial *   8,770    497,434 
Trupanion *   15,011    711,672 
TrustCo Bank NY   7,512    252,103 
Trustmark   23,885    889,716 
Two Harbors Investment ‡   41,083    400,559 
United Community Banks   48,079    1,466,410 
United Fire Group   10,778    286,156 
Veritex Holdings   21,434    679,886 
Victory Capital Holdings, Cl A   18,613    1,282,622 
Virtu Financial, Cl A   33,231    1,466,816 
Virtus Investment Partners   2,566    496,033 
WaFd   31,657    921,377 
Walker & Dunlop   12,750    956,378 
Westamerica BanCorp   10,340    495,286 
WisdomTree   45,766    607,315 
World Acceptance *   1,235    194,290 
WSFS Financial   22,475    1,232,529 
         104,436,109 
HEALTH CARE — 9.8%
ACADIA Pharmaceuticals *   55,948    1,333,241 
AdaptHealth, Cl A *   48,817    437,888 
Addus HomeCare *   7,667    818,682 
ADMA Biologics *   104,196    1,948,465 
Alkermes *   77,606    2,055,783 
AMN Healthcare Services *   16,514    302,867 
Arcus Biosciences *   41,331    377,352 
Arrowhead Pharmaceuticals *   55,373    874,893 
Artivion *   17,545    542,316 
Astrana Health *   17,965    428,645 
Avanos Medical *   20,535    229,376 
Catalyst Pharmaceuticals *   60,517    1,290,828 
Certara *   48,683    479,041 
Collegium Pharmaceutical *   18,842    562,622 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
HEALTH CARE— continued
Concentra Group Holdings Parent   44,452   $887,705 
CONMED   12,476    638,147 
CorVel *   11,687    1,035,468 
Embecta   27,466    279,054 
Enovis *   24,126    646,577 
Fortrea Holdings *   51,961    298,256 
Glaukos *   23,221    1,999,096 
Harmony Biosciences Holdings *   21,145    743,881 
HealthStream   10,123    264,818 
ICU Medical *   10,486    1,346,507 
Innoviva *   36,445    662,206 
Inspire Medical Systems *   12,198    1,519,139 
Integer Holdings *   14,314    1,553,212 
Integra LifeSciences Holdings *   29,108    382,479 
Krystal Biotech *   11,084    1,705,495 
LeMaitre Vascular   8,728    709,063 
Ligand Pharmaceuticals *   9,223    1,213,562 
Merit Medical Systems *   24,456    2,075,336 
Myriad Genetics *   56,950    218,688 
National HealthCare   5,222    501,469 
Neogen *   86,718    403,239 
NeoGenomics *   57,667    279,108 
OmniAB *   3,296     
OmniAB *   3,296     
Omnicell *   21,256    659,149 
Owens & Minor *   34,569    239,563 
Pacira BioSciences *   25,756    543,194 
Phibro Animal Health, Cl A   14,582    386,423 
Premier, Cl A   37,263    800,409 
Prestige Consumer Healthcare *   24,367    1,801,940 
Privia Health Group *   45,909    896,144 
Progyny *   31,057    730,150 
Protagonist Therapeutics *   28,657    1,543,466 
RadNet *   27,430    1,501,244 
Schrodinger *   24,975    507,742 
Select Medical Holdings   42,571    629,625 
Simulations Plus   8,406    109,446 
STAAR Surgical *   20,815    372,901 
Supernus Pharmaceuticals *   30,153    1,058,370 
Tandem Diabetes Care *   28,852    449,514 
Teleflex   17,700    2,115,150 
TG Therapeutics *   58,062    2,061,201 
TransMedics Group *   13,990    1,664,390 
UFP Technologies *   3,084    698,187 
US Physical Therapy   6,226    455,432 
Veracyte *   30,000    705,300 
Vericel *   25,074    876,086 
         51,849,530 
COMMON STOCK — continued
   Shares   Value 
INDUSTRIALS — 19.6%
AAR *   15,048   $1,124,236 
ABM Industries   25,164    1,160,815 
Air Lease, Cl A   44,976    2,491,670 
Alamo Group   4,669    1,039,226 
Albany International, Cl A   12,386    671,197 
Allegiant Travel *   6,818    352,082 
American Woodmark *   5,867    308,663 
Apogee Enterprises   8,532    358,259 
ArcBest   9,049    661,753 
Arcosa   20,408    1,752,639 
Armstrong World Industries   18,106    3,407,006 
Astec Industries   11,685    463,427 
AZZ   12,812    1,402,914 
Boise Cascade   15,307    1,282,880 
Brady, Cl A   17,359    1,225,025 
CoreCivic *   48,439    970,718 
CSG Systems International   12,688    792,492 
CSW Industrials   6,958    1,805,462 
Deluxe   17,839    287,208 
DNOW *   47,598    740,625 
DXP Enterprises *   6,117    692,811 
Dycom Industries *   11,935    3,208,247 
Enerpac Tool Group, Cl A   22,851    879,992 
EnPro Industries   8,908    1,892,148 
Enviri *   38,078    342,702 
ESCO Technologies   11,261    2,181,256 
Everus Construction *   21,502    1,596,701 
Federal Signal   25,168    3,185,514 
Forward Air *   9,623    292,443 
Franklin Electric   15,819    1,486,195 
Gates Industrial *   97,797    2,425,366 
GEO Group *   58,533    1,517,175 
Gibraltar Industries *   11,888    784,965 
GMS *   15,889    1,742,070 
Granite Construction   19,114    1,805,700 
Greenbrier   13,872    631,176 
Griffon   16,453    1,337,135 
Hayward Holdings *   63,226    972,416 
Healthcare Services Group *   35,014    455,532 
Heartland Express   17,006    132,987 
Heidrick & Struggles International   10,091    449,352 
Hertz Global Holdings *   56,802    364,101 
Hillenbrand   29,907    619,374 
HNI   19,242    989,808 
Hub Group, Cl A   23,961    839,114 
Insteel Industries   9,869    356,271 
Interface, Cl A   27,171    560,266 
JetBlue Airways *   131,175    582,417 
John Bean Technologies   19,514    2,689,029 
Kadant   4,866    1,619,259 
Kennametal   32,408    802,422 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
INDUSTRIALS— continued
Korn Ferry   21,025   $1,490,042 
Lindsay   4,818    657,705 
Liquidity Services *   11,057    264,041 
Marten Transport   22,851    277,868 
Masterbrand *   53,157    586,322 
Matson   12,920    1,379,598 
Mercury Systems *   23,094    1,214,513 
MillerKnoll   28,552    541,917 
Mueller Water Products, Cl A   66,808    1,654,166 
MYR Group *   6,713    1,298,965 
NV5 Global *   21,979    493,429 
OPENLANE *   47,328    1,166,162 
Pitney Bowes   71,973    817,613 
Powell Industries   4,133    979,934 
Proto Labs *   11,503    496,009 
Quanex Building Products   20,681    402,866 
Ralliant *   46,099    2,107,646 
Resideo Technologies *   63,491    1,733,304 
Robert Half   39,726    1,466,287 
Rush Enterprises, Cl A   26,120    1,414,137 
RXO *   57,379    886,506 
Schneider National, Cl B   19,559    478,218 
SkyWest *   16,235    1,882,611 
SPX Technologies *   19,174    3,497,146 
Standex International   4,990    822,053 
Sterling Infrastructure *   12,539    3,355,311 
Sun Country Airlines Holdings *   16,799    194,700 
Sunrun *   95,738    982,272 
Tennant   7,377    608,898 
Titan International *   28,590    241,871 
Trinity Industries   34,022    792,713 
UniFirst   6,396    1,093,908 
Verra Mobility, Cl A *   63,700    1,609,062 
Vestis   50,416    305,521 
Vicor *   10,893    484,085 
Werner Enterprises   24,388    676,035 
WillScot Holdings   72,797    2,136,592 
Worthington Enterprises   14,304    886,419 
Zurn Elkay Water Solutions   59,940    2,652,345 
         103,761,031 
INFORMATION TECHNOLOGY — 12.5%
A10 Networks   32,258    594,192 
ACI Worldwide *   42,664    1,815,780 
Adeia   46,972    608,287 
Advanced Energy Industries   14,893    2,068,936 
Alarm.com Holdings *   19,720    1,077,304 
Alpha & Omega Semiconductor *   10,546    268,607 
Arlo Technologies *   42,588    689,926 
Axcelis Technologies *   12,689    858,918 
Badger Meter   11,648    2,198,676 
COMMON STOCK — continued
   Shares   Value 
INFORMATION TECHNOLOGY— continued
Benchmark Electronics   14,256   $548,856 
BlackLine *   21,618    1,162,616 
Box, Cl A *   59,446    1,908,217 
Calix *   23,695    1,343,270 
CEVA *   10,753    229,792 
Cleanspark *   114,023    1,296,442 
Clear Secure, Cl A   38,896    1,143,931 
Cohu *   18,366    328,017 
Corsair Gaming *   20,716    187,687 
CTS   11,787    461,933 
Digi International *   15,399    502,161 
DigitalOcean Holdings *   26,731    744,726 
Diodes *   18,326    904,755 
DXC Technology *   71,934    979,022 
ePlus *   10,403    673,906 
Extreme Networks *   53,385    942,779 
FormFactor *   30,441    864,829 
Grid Dynamics Holdings *   29,080    275,969 
Harmonic *   44,666    380,108 
Ichor Holdings *   13,650    270,133 
Impinj *   9,457    1,461,863 
Insight Enterprises *   10,866    1,288,490 
InterDigital   11,123    2,871,959 
Itron *   18,066    2,249,940 
Knowles *   34,350    697,648 
Kulicke & Soffa Industries   20,841    682,751 
LiveRamp Holdings *   27,434    900,384 
MARA Holdings *   142,667    2,294,085 
MaxLinear, Cl A *   32,811    519,070 
N-able *   28,328    228,890 
NCR Voyix *   57,447    782,428 
NetScout Systems *   29,712    636,431 
OSI Systems *   6,368    1,407,392 
PC Connection   4,714    290,335 
PDF Solutions *   12,321    273,896 
Penguin Solutions *   24,434    626,976 
Photronics *   25,103    511,097 
Plexus *   10,721    1,366,928 
Progress Software   17,566    844,573 
Qorvo *   37,011    3,094,120 
Rogers *   6,658    436,632 
Sandisk *   54,968    2,359,227 
Sanmina *   21,144    2,453,550 
ScanSource *   8,210    318,876 
Semtech *   35,601    1,819,211 
SiTime *   8,698    1,764,389 
SMART Global Holdings *   22,049    519,695 
Sprinklr, Cl A *   45,335    408,468 
SPS Commerce *   15,019    1,635,043 
Teradata *   37,756    790,233 
TTM Technologies *   42,122    1,990,265 
Ultra Clean Holdings *   17,831    401,554 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
INFORMATION TECHNOLOGY— continued
Veeco Instruments *   23,671   $491,883 
Viasat *   36,619    601,650 
Viavi Solutions *   88,846    892,902 
Vishay Intertechnology   44,370    727,224 
Xerox Holdings   46,442    188,090 
         66,157,923 
MATERIALS — 5.3%
AdvanSix   10,590    213,071 
Alpha Metallurgical Resources *   4,336    511,952 
Balchem   12,901    1,967,015 
Celanese, Cl A   43,647    2,279,683 
Century Aluminum *   23,247    492,371 
Chemours   59,565    713,589 
Element Solutions   88,234    2,082,322 
FMC   49,765    1,942,826 
Hawkins   7,959    1,299,546 
HB Fuller   21,453    1,205,659 
Ingevity *   15,018    627,602 
Innospec   9,858    787,654 
Kaiser Aluminum   6,320    488,599 
Koppers Holdings   7,903    259,693 
Materion   8,220    865,566 
Metallus *   14,605    230,759 
Minerals Technologies   12,532    728,736 
MP Materials *   52,694    3,240,681 
O-I Glass, Cl I *   66,123    860,260 
Quaker Chemical   5,377    615,236 
Sealed Air   58,173    1,702,724 
Sensient Technologies   17,222    1,933,858 
Stepan   8,382    425,554 
SunCoke Energy   33,432    247,062 
Sylvamo   13,510    622,406 
Warrior Met Coal   20,758    1,066,546 
Worthington Steel   13,884    423,740 
         27,834,710 
REAL ESTATE — 7.6%
Acadia Realty Trust ‡   54,467    1,019,622 
Alexander & Baldwin ‡   28,717    516,332 
American Assets Trust ‡   18,648    354,871 
Apple Hospitality REIT ‡   87,384    1,026,762 
Armada Hoffler Properties ‡   31,552    215,500 
Brandywine Realty Trust ‡   90,687    362,748 
CareTrust REIT ‡   80,140    2,548,452 
Centerspace ‡   6,609    359,728 
Curbline Properties ‡   43,074    951,935 
Cushman & Wakefield *   92,288    1,124,991 
DiamondRock Hospitality ‡   81,480    629,026 
Douglas Emmett ‡   70,968    1,075,875 
Easterly Government Properties, Cl A ‡   16,659    366,498 
Elme Communities ‡   36,222    546,228 
COMMON STOCK — continued
   Shares   Value 
REAL ESTATE— continued
Essential Properties Realty Trust ‡   81,046   $2,471,092 
eXp World Holdings   34,387    370,692 
Four Corners Property Trust ‡   39,680    1,001,523 
Getty Realty ‡   20,145    559,830 
Global Net Lease ‡   88,755    620,397 
Highwoods Properties ‡   46,356    1,344,788 
Innovative Industrial Properties, Cl A ‡   11,078    572,733 
JBG SMITH Properties ‡   34,779    736,619 
Kennedy-Wilson Holdings   46,971    343,828 
LTC Properties ‡   18,140    617,486 
LXP Industrial Trust ‡   116,805    906,407 
Macerich ‡   106,979    1,787,619 
Marcus & Millichap   9,541    297,298 
Millrose Properties   51,274    1,537,707 
NexPoint Residential Trust ‡   8,700    271,266 
Outfront Media ‡   57,301    1,004,486 
Pebblebrook Hotel Trust ‡   47,351    474,930 
Phillips Edison ‡   49,611    1,676,356 
Ryman Hospitality Properties ‡   23,729    2,255,679 
Safehold ‡   18,153    253,960 
Saul Centers ‡   4,762    153,432 
SITE Centers ‡   18,641    200,764 
SL Green Realty ‡   30,685    1,756,716 
St. Joe   14,946    754,773 
Summit Hotel Properties ‡   42,960    224,251 
Sunstone Hotel Investors ‡   78,537    687,199 
Tanger ‡   44,792    1,344,656 
Terreno Realty ‡   40,781    2,262,938 
Uniti Group ‡   112,660    599,351 
Urban Edge Properties ‡   49,663    979,354 
Veris Residential ‡   34,115    480,339 
Whitestone REIT, Cl B ‡   17,655    215,214 
Xenia Hotels & Resorts ‡   38,982    495,461 
         40,357,712 
UTILITIES — 2.1%
American States Water   16,929    1,245,805 
Avista   37,657    1,404,606 
California Water Service Group   26,190    1,190,859 
Chesapeake Utilities   10,600    1,270,728 
Clearway Energy, Cl A   19,902    612,584 
Clearway Energy, Cl C   39,708    1,295,672 
MDU Resources Group   94,293    1,626,554 
Middlesex Water   8,705    449,178 
Northwest Natural Holding   20,118    803,111 
SJW Group   14,491    699,771 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued
   Shares   Value 
UTILITIES— continued
Unitil   7,792   $401,911 
         11,000,779 
Total Common Stock          
(Cost $428,260,406)        527,810,259 
RIGHTS — 0.0%
   Number of
Rights
   Value 
Toriba Therapeutics * (A)(B)   2,044   $ 
           
Total Rights          
(Cost $123)         
Total Investments in Securities— 99.9%          
(Cost $428,260,529)       $527,810,259 

 

Percentages are based on Net Assets of $528,549,011.

 

A list of the open futures contracts held by the Fund at July 31, 2025, is as follows:

 

Type of Contract  Number of
Contracts
  Expiration
Date
  Notional Amount   Value   Unrealized
(Depreciation)
 
Long Contracts                      
Russell 2000 Index E-MINI  3  Sep-2025  $339,016   $333,030   $(5,986)

 

* Non-income producing security.
Real Estate Investment Trust.
   
(A) Level 3 security in accordance with fair value hierarchy.
(B) Expiration date not available.

 

Cl — Class

REIT — Real Estate investment Trust

 

Amounts designated as “–” are $0 or have been round to $0.

 

CRI-QH-001-0800

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MULTI-STYLE US EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS

COMMON STOCK — 99.5% 

   Shares   Value 
COMMUNICATION SERVICES — 7.0%          
Alphabet, Cl A   46,488   $8,921,047 
Alphabet, Cl C   45,270    8,730,772 
AT&T   10,162    278,540 
Charter Communications, Cl A *   361    97,239 
Comcast, Cl A   4,986    165,685 
Electronic Arts   507    77,313 
Meta Platforms, Cl A   30,610    23,674,998 
Netflix *   1,359    1,575,625 
Omnicom Group   19,035    1,371,472 
Spotify Technology *   159    99,620 
Take-Two Interactive Software *   309    68,824 
TKO Group Holdings, Cl A   601    100,974 
T-Mobile US   15,571    3,712,282 
Walt Disney   47,067    5,606,150 
         54,480,541 
CONSUMER DISCRETIONARY — 8.3%
Amazon.com *   154,692    36,214,944 
Aptiv *   22,593    1,550,784 
AutoNation *   11,536    2,222,295 
AutoZone *   1,153    4,344,942 
Bath & Body Works   664    19,229 
Booking Holdings   552    3,038,241 
Carvana, Cl A *   248    96,762 
Cava Group *   12,184    1,072,314 
Chipotle Mexican Grill, Cl A *   69,752    2,990,966 
Darden Restaurants   300    60,501 
Domino's Pizza   179    82,915 
DoorDash, Cl A *   1,295    324,074 
eBay   1,426    130,835 
General Motors   1,874    99,959 
Hilton Worldwide Holdings   1,093    293,011 
Home Depot   8,326    3,059,888 
Lowe's   1,266    283,040 
Lululemon Athletica *   577    115,706 
Marriott International, Cl A   998    263,302 
McDonald's   2,149    644,850 
NIKE, Cl B   2,335    174,401 
NVR *   28    211,386 
O'Reilly Automotive *   42,668    4,195,118 
Pool   250    77,035 
Ross Stores   1,540    210,272 
Tapestry   500    54,015 
Tesla *   6,553    2,020,093 
TJX   2,232    277,951 
Ulta Beauty *   169    87,037 
Wingstop   220    83,015 
        64,298,881 
CONSUMER STAPLES — 4.9%
Coca-Cola   106,897    7,257,237 
Coca-Cola Europacific Partners   20,201    1,957,881 

COMMON STOCK — continued

   Shares   Value 
CONSUMER STAPLES— continued          
Colgate-Palmolive   2,404   $201,575 
Costco Wholesale   4,908    4,611,753 
elf Beauty *   600    72,714 
Kenvue   62,839    1,347,268 
Keurig Dr Pepper   8,997    293,752 
Kimberly-Clark   1,652    205,872 
Lamb Weston Holdings   280    15,980 
Mondelez International, Cl A   2,345    151,698 
Monster Beverage *   37,953    2,229,739 
PepsiCo   2,442    336,801 
Sysco   70,096    5,579,641 
Target   761    76,481 
Tyson Foods, Cl A   800    41,840 
Unilever ADR   74,639    4,361,157 
US Foods Holding *   95,725    7,976,764 
Walmart   11,212    1,098,552 
        37,816,705 
ENERGY — 3.1%
Cenovus Energy   181,103    2,758,199 
Chesapeake Energy   906    94,931 
Chevron   5,302    803,976 
ConocoPhillips   52,484    5,003,824 
Diamondback Energy   31,754    4,720,550 
EOG Resources   1,783    213,996 
Equities   1,789    96,159 
Exxon Mobil   9,137    1,020,055 
Marathon Petroleum   25,934    4,413,707 
ONEOK   27,809    2,283,397 
Phillips 66   539    66,610 
Schlumberger   46,672    1,577,513 
Targa Resources   1,553    258,435 
Texas Pacific Land   52    50,343 
Valero Energy   1,879    258,005 
Williams   4,790    287,160 
        23,906,860 
FINANCIALS — 14.8%
Allstate   17,759    3,609,517 
American Express   16,136    4,829,666 
American International Group   2,834    220,003 
Aon, Cl A   9,405    3,345,453 
Apollo Global Management   23,522    3,418,217 
Ares Management, Cl A   782    145,084 
Arthur J Gallagher   5,105    1,466,411 
Axis Capital Holdings   1,109    104,069 
Bank of America   23,621    1,116,565 
Bank of New York Mellon   2,371    240,538 
Berkshire Hathaway, Cl B *   19,341    9,126,631 
Blackstone   836    144,595 
Block, Cl A *   4,641    358,564 
Blue Owl Capital, Cl A   36,961    715,195 
Capital One Financial   15,992    3,438,363 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MULTI-STYLE US EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
FINANCIALS— continued          
Cboe Global Markets   351   $84,605 
Charles Schwab   36,506    3,567,731 
Chubb   2,324    618,277 
Citigroup   8,472    793,827 
CME Group, Cl A   1,472    409,628 
Corebridge Financial   5,561    197,749 
Corpay *   11,815    3,816,836 
Equitable Holdings   2,059    105,730 
Everest Group   6,226    2,090,691 
Fidelity National Information Services   54,444    4,323,398 
Fifth Third Bancorp   3,286    136,599 
Fiserv *   1,857    258,012 
Global Payments   215    17,189 
Goldman Sachs Group   4,172    3,018,818 
Hartford Financial Services Group   1,831    227,758 
Huntington Bancshares   236,928    3,892,727 
Intercontinental Exchange   9,045    1,671,787 
JPMorgan Chase   46,964    13,912,615 
KeyCorp   5,373    96,284 
LPL Financial Holdings   12,349    4,886,870 
Marsh & McLennan   1,519    302,585 
Mastercard, Cl A   14,278    8,088,059 
MetLife   4,089    310,559 
Moody's   20,361    10,500,778 
Morgan Stanley   28,841    4,108,689 
Popular   545    62,446 
Progressive   968    234,295 
RenaissanceRe Holdings   917    223,510 
S&P Global   827    455,760 
State Street   1,289    144,046 
TPG, Cl A   2,844    162,307 
Tradeweb Markets, Cl A   981    135,917 
Truist Financial   842    36,804 
US Bancorp   5,206    234,062 
Visa, Cl A   24,143    8,340,682 
Voya Financial   2,753    192,710 
Wells Fargo   54,475    4,392,319 
Western Alliance Bancorp   652    50,569 
        114,382,099 
HEALTH CARE — 5.8%
BeiGene ADR *   328    98,771 
Boston Scientific *   5,023    527,013 
Cardinal Health   500    77,610 
Cencora, Cl A   23,117    6,613,311 
Cigna Group   987    263,904 
CVS Health   4,261    264,608 
Elevance Health   598    169,282 
Humana   6,003    1,499,970 
IDEXX Laboratories *   6,902    3,687,808 

COMMON STOCK — continued

   Shares   Value 
HEALTH CARE— continued          
Intuitive Surgical *   1,204   $579,232 
IQVIA Holdings *   14,197    2,638,654 
McKesson   9,763    6,771,031 
Medtronic   52,980    4,780,915 
Molina Healthcare *   179    28,259 
Quest Diagnostics   27,572    4,615,829 
Stryker   22,576    8,866,272 
Veeva Systems, Cl A *   6,769    1,923,750 
West Pharmaceutical Services   4,935    1,180,748 
Zimmer Biomet Holdings   1,637    150,031 
        44,736,998 
INDUSTRIALS — 12.5%
Allegion   9,620    1,596,150 
AMETEK   50,924    9,413,301 
API Group *   3,100    111,817 
Automatic Data Processing   200    61,900 
Booz Allen Hamilton Holding, Cl A   518    55,597 
Canadian National Railway   1,657    154,847 
Carrier Global   2,559    175,599 
Caterpillar   1,498    656,154 
CH Robinson Worldwide   26,163    3,017,117 
Cintas   966    214,983 
Copart *   54,898    2,488,526 
CSX   7,334    260,650 
Cummins   8,003    2,942,063 
Dayforce *   1,666    96,078 
Deere   764    400,619 
Dover   1,125    203,782 
Emerson Electric   15,266    2,221,356 
Equifax   27,607    6,632,030 
Esab   486    65,207 
FedEx   12,087    2,701,324 
Ferguson Enterprises   375    83,749 
Fortive   34,820    1,668,923 
GE Vernova   663    437,772 
General Electric   19,826    5,374,432 
HEICO   10,452    3,415,714 
Howmet Aerospace   1,334    239,813 
Hubbell, Cl B   5,752    2,516,385 
Ingersoll Rand   2,048    173,322 
Johnson Controls International   1,195    125,475 
KBR   4,003    187,100 
Middleby *   201    29,185 
Norfolk Southern   13,571    3,772,738 
Old Dominion Freight Line   2,102    313,723 
Parker-Hannifin   427    312,521 
Ralliant *   695    31,775 
Rockwell Automation   905    318,298 
Saia *   570    172,277 
SiteOne Landscape Supply *   416    57,337 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MULTI-STYLE US EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
INDUSTRIALS— continued          
SS&C Technologies Holdings   576   $49,236 
Stanley Black & Decker   3,592    242,999 
Trane Technologies   488    213,783 
TransDigm Group   10,236    16,464,197 
TransUnion   31,176    2,967,643 
Trex *   700    44,968 
Uber Technologies *   90,340    7,927,335 
United Airlines Holdings *   23,413    2,067,602 
United Rentals   7,686    6,786,277 
Veralto   43,117    4,519,955 
Verisk Analytics, Cl A   474    132,109 
Vertiv Holdings, Cl A   1,300    189,280 
Waste Connections   636    118,722 
Waste Management   626    143,454 
Westinghouse Air Brake Technologies   12,901    2,477,637 
Xylem   822    118,878 
         97,163,714 
INFORMATION TECHNOLOGY — 36.1%
Accenture, Cl A   3,320    886,772 
Adobe *   12,479    4,463,614 
Advanced Micro Devices *   14,070    2,480,682 
Amphenol, Cl A   93,818    9,992,555 
Analog Devices   27,975    6,284,024 
Apple   135,502    28,126,150 
Applied Materials   18,928    3,408,176 
Arista Networks *   3,070    378,285 
Autodesk *   522    158,224 
Broadcom   80,596    23,671,045 
Cadence Design Systems *   1,018    371,132 
CDW   592    103,233 
Cisco Systems   7,197    489,972 
Crowdstrike Holdings, Cl A *   404    183,646 
Datadog, Cl A *   19,348    2,708,333 
Dell Technologies, Cl C   32,809    4,353,426 
Descartes Systems Group *   1,386    146,583 
Fair Isaac *   96    137,925 
First Solar *   2,440    426,341 
Flex *   79,201    3,949,754 
Fortinet *   2,902    289,910 
Gen Digital   7,623    224,802 
HubSpot *   15    7,795 
International Business Machines   1,162    294,160 
Intuit   19,924    15,642,930 
Jabil   100    22,317 
Keysight Technologies *   20,534    3,365,728 
KLA   382    335,789 
Lam Research   21,480    2,037,163 
Marvell Technology   1,858    149,328 
Microchip Technology   61,300    4,143,267 

COMMON STOCK — continued

   Shares   Value 
INFORMATION TECHNOLOGY— continued      
Micron Technology   29,190   $3,185,797 
Microsoft   104,111    55,543,219 
Monday.com *   60    15,737 
Monolithic Power Systems   434    308,678 
NVIDIA   229,869    40,886,799 
NXP Semiconductors   19,277    4,120,844 
Okta, Cl A *   432    42,250 
Oracle   82,966    21,054,282 
Palantir Technologies, Cl A *   3,903    618,040 
Palo Alto Networks *   1,782    309,355 
QUALCOMM   3,371    494,728 
Roper Technologies   8,480    4,667,392 
Salesforce   37,900    9,790,707 
SAP ADR   30,884    8,854,443 
ServiceNow *   4,498    4,242,154 
Shopify, Cl A *   200    24,442 
Super Micro Computer *   1,800    106,146 
Synopsys *   315    199,543 
TE Connectivity   1,000    205,750 
Trimble *   19,683    1,651,207 
Tyler Technologies *   4,581    2,677,869 
Western Digital   931    73,260 
Workday, Cl A *   300    68,814 
Zebra Technologies, Cl A *   255    86,450 
         278,460,967 
MATERIALS — 4.4%
Ball   1,600    91,616 
CF Industries Holdings   670    62,196 
Corteva   1,465    105,671 
CRH   64,109    6,119,204 
Dow   1,100    25,619 
Franco-Nevada   868    138,298 
Freeport-McMoRan   57,701    2,321,888 
International Paper   3,416    159,664 
Kinross Gold   292,611    4,681,776 
Linde   27,044    12,447,272 
Martin Marietta Materials   3,235    1,859,737 
Mosaic   1,950    70,219 
Newmont   45,741    2,840,516 
Packaging Corp of America   263    50,956 
Reliance   9,025    2,618,423 
RPM International   193    22,660 
Sherwin-Williams   674    223,013 
Steel Dynamics   1,144    145,929 
Vulcan Materials   543    149,146 
West Fraser Timber   1,318    91,351 
         34,225,154 
REAL ESTATE — 0.9%
American Tower ‡   22,137    4,613,129 
AvalonBay Communities ‡   466    86,806 
Camden Property Trust ‡   293    31,996 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MULTI-STYLE US EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
REAL ESTATE— continued          
CBRE Group, Cl A *   1,108   $172,560 
CoStar Group *   412    39,218 
Crown Castle International ‡   1,021    107,297 
CubeSmart ‡   1,089    42,373 
Equinix ‡   381    299,150 
Equity Residential ‡   1,123    70,974 
Essex Property Trust ‡   347    90,282 
Kimco Realty ‡   2,767    58,743 
Prologis ‡   2,823    301,440 
Public Storage ‡   362    98,442 
Regency Centers ‡   907    64,760 
Rexford Industrial Realty ‡   4,950    180,824 
Simon Property Group ‡   647    105,972 
Sun Communities ‡   925    114,728 
Welltower ‡   1,795    296,301 
         6,774,995 
UTILITIES — 1.7%
Atmos Energy   1,039    162,001 
CenterPoint Energy   70,088    2,720,816 
CMS Energy   1,646    121,475 
Consolidated Edison   2,076    214,866 
Constellation Energy   987    343,318 
Entergy   36,223    3,275,646 
Exelon   2,062    92,666 
FirstEnergy   116,900    4,992,799 
NextEra Energy   7,169    509,429 
PG&E   19,317    270,824 
Sempra   2,714    221,680 
Southern   1,603    151,452 
         13,076,972 
Total Common Stock          
(Cost $534,811,989)        769,323,886 
Total Investments in Securities— 99.5%          
(Cost $534,811,989)       $769,323,886 

 

Percentages are based on Net Assets of $773,366,920.  

 

* Non-income producing security.
Real Estate Investment Trust.

 

ADR — American Depositary Receipt

Cl — Class

 

CRI-QH-001-0800

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

 SCHEDULE OF INVESTMENTS

COMMON STOCK — 97.7%

   Shares   Value 
AUSTRALIA — 0.7%        
Information Technology — 0.5%          
Atlassian, Cl A *   57,084   $10,947,570 
           
Materials — 0.2%
Sandfire Resources *   500,447    3,373,075 
           
        14,320,645 
AUSTRIA — 0.5%
Financials — 0.5%
Erste Group Bank   114,716    10,520,830 
           
BELGIUM — 0.8%
Consumer Staples — 0.5%
Anheuser-Busch InBev   165,631    9,550,479 
           
Materials — 0.3%
Syensqo   76,045    6,044,677 
           
         15,595,156 
BERMUDA — 0.9%
Financials — 0.9%
Arch Capital Group   215,937    18,583,538 
           
BRAZIL — 1.2%
Consumer Discretionary — 0.2%
C&A MODAS   192,000    559,688 
Cury Construtora e Incorporadora   126,000    661,446 
Cyrela Brazil Realty Empreendimentos e Participacoes   134,800    587,495 
Direcional Engenharia   123,100    855,107 
Vibra Energia   229,900    873,436 
YDUQS Participacoes   206,900    478,950 
         4,016,122 
Consumer Staples — 0.1%
JBS *   130,550    1,783,868 
           
Financials — 0.8%
NU Holdings, Cl A *   1,162,722    14,208,463 
Pagseguro Digital, Cl A   178,996    1,401,539 
         15,610,002 
Industrials — 0.1%
Localiza Rent a Car   365,286    2,251,005 

COMMON STOCK — continued

   Shares   Value 
BRAZIL — continued          
Materials — 0.0%          
Suzano   56,907   $528,965 
           
Utilities — 0.0%
Cia de Saneamento de Minas Gerais Copasa MG   39,500    182,100 
           
         24,372,062 
CANADA — 4.3%
Consumer Discretionary — 0.6%
Dollarama   85,700    11,739,081 
           
Energy — 0.2%
Tourmaline Oil, Cl Common Subs. Receipt   110,900    4,730,225 
           
Industrials — 2.8%
Canadian Pacific Kansas City (CAD)   325,275    23,974,194 
Canadian Pacific Kansas City (USD)   275,148    20,237,135 
Waste Connections   67,631    12,624,679 
         56,836,008 
Information Technology — 0.4%
Shopify, Cl A *   58,600    7,178,823 
           
Materials — 0.3%
Barrick Gold   300,000    6,346,968 
           
         86,831,105 
CAYMAN ISLANDS — 0.1%
Financials — 0.1%
XP, Cl A   128,713    2,077,428 
           
CHILE — 0.0%
Consumer Discretionary — 0.0%
Falabella   158,646    785,874 
           
CHINA — 8.3%
Communication Services — 3.3%
Hello Group ADR   83,946    690,876 
NetEase ADR   23,989    3,125,767 
Tencent Holdings   827,792    57,955,572 
Tencent Music Entertainment Group ADR   91,378    1,918,024 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
CHINA — continued          
Communication Services— continued          
Weibo ADR   113,502   $1,094,159 
         64,784,398 
Consumer Discretionary — 2.8%
Alibaba Group Holding ADR   56,150    6,773,375 
Atour Lifestyle Holdings ADR   26,811    906,748 
BYD, Cl H   181,500    2,650,056 
Gree Electric Appliances of Zhuhai, Cl A   90,600    574,018 
Guangdong Xinbao Electrical Appliances Holdings, Cl A   280,200    573,662 
JD.com ADR   73,604    2,317,790 
JD.com, Cl A   753,250    11,872,684 
Meituan, Cl B *   1,087,789    16,781,917 
Pop Mart International Group   109,000    3,400,132 
Vipshop Holdings ADR   48,284    728,605 
Yum China Holdings   257,800    12,034,104 
         58,613,091 
Consumer Staples — 0.2%
Kweichow Moutai, Cl A   19,400    3,827,418 
           
Financials — 1.2%
China Construction Bank, Cl H   8,073,921    8,258,035 
China Galaxy Securities, Cl H   2,120,500    2,865,667 
China Life Insurance, Cl H   627,000    1,811,159 
Industrial & Commercial Bank of China, Cl H   1,123,000    860,471 
New China Life Insurance, Cl H   296,100    1,894,719 
People's Insurance Group of China, Cl H   2,280,000    1,751,651 
Ping An Insurance Group of China, Cl H   736,500    5,056,341 
Qifu Technology ADR   72,463    2,487,655 
         24,985,698 
Health Care — 0.0%
Sinopharm Group, Cl H   283,200    680,708 
           
Industrials — 0.3%
China Railway Group, Cl H   2,140,000    1,076,702 
COSCO SHIPPING Holdings, Cl H   1,073,700    1,962,660 
Yutong Bus, Cl A   436,100    1,509,223 
        4,548,585 
Information Technology — 0.2%
Hengtong Optic-electric, Cl A   261,500    577,865 
Xiaomi, Cl B *   682,200    4,589,809 
         5,167,674 
Materials — 0.3%
China Hongqiao Group   853,000    2,250,127 

COMMON STOCK — continued

   Shares   Value 
CHINA — continued          
Materials— continued          
China Lumena New Materials *(A)   15,350   $ 
Jiangxi Copper, Cl H   166,000    331,789 
Yunnan Yuntianhua, Cl A   239,000    817,816 
Zhejiang NHU, Cl A   646,079    2,009,399 
         5,409,131 
         168,016,703 
DENMARK — 0.1%
Health Care — 0.1%
Ascendis Pharma ADR *   15,316    2,657,326 
           
FRANCE — 8.6%
Consumer Discretionary — 2.1%
Hermes International   2,845    6,977,809 
Kering   130,760    32,201,628 
LVMH Moet Hennessy Louis Vuitton   7,096    3,820,382 
        42,999,819 
Consumer Staples — 0.9%
Danone   90,713    7,445,429 
L'Oreal   21,266    9,437,433 
         16,882,862 
Energy — 0.2%
Technip Energies   81,566    3,532,454 
           
Financials — 1.8%
AXA   234,265    11,411,411 
BNP Paribas   163,887    14,986,728 
Societe Generale   131,170    8,396,931 
Worldline *   524,863    1,917,665 
         36,712,735 
Health Care — 0.2%
Ipsen   28,951    3,421,359 
           
Industrials — 2.3%
Alstom *   1,145,616    26,950,718 
Cie de Saint-Gobain   124,509    14,325,178 
Rexel   103,538    3,138,551 
Schneider Electric   11,624    3,017,031 
         47,431,478 
Information Technology — 0.7%
Capgemini   69,805    10,422,779 
Dassault Systemes   134,552    4,433,157 
         14,855,936 

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
FRANCE — continued          
Materials — 0.4%          
Air Liquide   40,332   $7,958,034 
           
         173,794,677 
GERMANY — 10.6%
Communication Services — 1.7%
Deutsche Telekom   949,714    34,162,196 
           
Financials — 1.6%
Deutsche Bank   275,653    9,105,664 
Deutsche Boerse   49,735    14,434,864 
Hannover Rueck   30,467    9,269,056 
         32,809,584 
Industrials — 3.1%
Daimler Truck Holding   269,011    13,124,473 
Siemens Energy *   426,735    49,551,652 
         62,676,125 
Information Technology — 3.5%
Infineon Technologies   391,744    15,434,044 
Nemetschek   97,601    14,584,508 
SAP   142,317    40,815,641 
         70,834,193 
Materials — 0.5%
Heidelberg Materials   10,853    2,511,068 
LANXESS   293,547    8,085,001 
         10,596,069 
Utilities — 0.2%
E.ON   243,516    4,455,543 
RWE   1,067    43,902 
         4,499,445 
         215,577,612 
GREECE — 0.6%
Consumer Discretionary — 0.1%
FF Group *(A),(B)   8,921     
JUMBO   44,044    1,489,946 
         1,489,946 
Financials — 0.5%
National Bank of Greece   680,169    9,515,184 
           
         11,005,130 
HONG KONG — 1.4%
Consumer Discretionary — 0.1%
Geely Automobile Holdings   458,000    1,027,302 
Trip.com Group   8,350    518,389 
        1,545,691 
Consumer Staples — 0.0%
WH Group   75,534    75,620 

COMMON STOCK — continued

   Shares   Value 
HONG KONG — continued
Financials — 1.3%
AIA Group   1,632,800   $15,224,509 
Prudential   886,905    11,274,415 
         26,498,924 
Health Care — 0.0%
BeiGene *   37,600    854,814 
           
         28,975,049 
INDIA — 3.7%
Communication Services — 0.4%
Bharti Airtel   163,181    3,552,312 
Indus Towers *   757,929    3,125,745 
         6,678,057 
Consumer Discretionary — 0.2%
Amber Enterprises India *   15,185    1,370,980 
Cartrade Tech *   13,222    328,605 
Ceat   27,676    1,043,483 
Mahindra & Mahindra   70,310    2,561,295 
         5,304,363 
Consumer Staples — 0.1%
Varun Beverages   489,006    2,906,318 
 
Energy — 0.1%
Bharat Petroleum   326,191    1,218,955 
Oil & Natural Gas   173,570    475,537 
         1,694,492 
Financials — 2.2%
BSE   39,435    1,085,760 
Canara Bank   1,137,325    1,384,099 
ICICI Bank ADR   698,149    23,527,621 
Indian Energy Exchange   269,312    413,653 
Kotak Mahindra Bank   220,690    4,972,222 
LIC Housing Finance   207,919    1,384,645 
Muthoot Finance   64,785    1,926,694 
PNB Housing Finance *   146,512    1,642,475 
REC   712,875    3,195,335 
Shriram Finance   45,586    326,491 
South Indian Bank   2,796,516    944,436 
Union Bank of India   957,697    1,422,288 
        42,225,719 
Health Care — 0.1%
Divi's Laboratories   18,918    1,416,666 
 
Industrials — 0.1%
InterGlobe Aviation *   39,519    2,652,058 
Polycab India   6,465    501,032 
        3,153,090 
Information Technology — 0.1%
PG Electroplast   146,323    1,346,500 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
INDIA — continued
Information Technology— continued
Redington   347,338   $986,151 
         2,332,651 
Materials — 0.3%
APL Apollo Tubes   117,177    2,132,397 
Hindalco Industries   180,938    1,400,754 
JK Cement   10,984    831,769 
National Aluminium   401,418    842,015 
Paradeep Phosphates   715,803    1,748,633 
Welspun   78,245    830,852 
         7,786,420 
Utilities — 0.1%
Mahanagar Gas   91,003    1,401,617 
           
         74,899,393 
INDONESIA — 0.4%
Consumer Staples — 0.0%
Indofood Sukses Makmur   1,050,400    542,380 
           
Financials — 0.3%
Bank Central Asia   6,827,600    3,421,963 
Bank Negara Indonesia Persero   4,951,800    1,200,854 
Bank Rakyat Indonesia Persero   6,644,500    1,487,907 
         6,110,724 
Industrials — 0.1%
Astra International   4,166,700    1,288,013 
           
Utilities — 0.0%
Perusahaan Gas Negara   6,253,200    618,191 
           
        8,559,308 
IRELAND — 2.3%
Financials — 1.0%
AIB Group   1,173,874    9,287,427 
Aon, Cl A   33,418    11,887,117 
        21,174,544 
Health Care — 0.3%
ICON *   36,616    6,195,061 
           
Industrials — 0.7%
Experian   276,087    14,576,934 
           
Materials — 0.3%
Smurfit WestRock   123,212    5,468,148 
           
         47,414,687 

 

COMMON STOCK — continued

   Shares   Value 
ISRAEL — 0.8%
Information Technology — 0.8%          
Monday.com *   62,207   $16,316,274 
           
ITALY — 2.1%          
Consumer Discretionary — 0.9%          
Ferrari   34,223    15,051,031 
PRADA   516,400    2,810,697 
         17,861,728 
Financials — 0.8%          
UniCredit   237,922    17,556,138 
           
Utilities — 0.4%          
Enel   900,888    7,967,577 
           
         43,385,443 
JAPAN — 8.4%          
Communication Services — 1.8%          
Nintendo   432,600    36,229,529 
           
Financials — 0.9%          
Sompo Holdings   454,700    13,434,936 
Sumitomo Mitsui Financial Group   152,400    3,852,327 
         17,287,263 
Health Care — 0.5%          
Hoya   76,700    9,696,298 
           
Industrials — 2.7%          
FANUC   577,600    16,111,215 
Kajima   194,600    4,884,738 
Komatsu   67,800    2,188,800 
Mitsubishi Electric   447,800    10,092,440 
SMC   43,400    15,132,659 
TOPPAN Holdings   218,100    5,889,323 
         54,299,175 
Information Technology — 2.5%          
Fujitsu   469,400    10,246,094 
Keyence   22,500    8,155,453 
Murata Manufacturing   761,200    11,352,727 
Renesas Electronics   1,824,600    22,237,702 
         51,991,976 
Materials — 0.0%          
Toyo Seikan Group Holdings   43,000    892,369 
           
         170,396,610 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
LUXEMBOURG — 2.1%
Communication Services — 1.8%          
Spotify Technology *   58,252   $36,497,208 
           
Materials — 0.3%          
ArcelorMittal   196,021    6,129,098 
           
         42,626,306 
MALAYSIA — 0.1%          
Industrials — 0.1%          
My EG Services   10,170,600    2,086,003 
           
MEXICO — 0.3%          
Consumer Staples — 0.1%          
Arca Continental   138,900    1,450,931 
           
Financials — 0.2%          
Gentera   703,000    1,597,277 
Grupo Financiero Banorte, Cl O   210,300    1,876,544 
         3,473,821 
         4,924,752 
NETHERLANDS — 6.7%          
Communication Services — 0.3%          
Universal Music Group   224,237    6,469,513 
           
Consumer Staples — 0.6%          
Heineken   154,884    12,192,744 
           
Financials — 1.7%          
Adyen *   12,305    21,166,799 
ASR Nederland   44,290    2,950,539 
ING Groep   448,832    10,490,886 
         34,608,224 
Health Care — 0.7%          
Koninklijke Philips   524,142    13,728,268 
           
Information Technology — 2.7%          
ASM International   30,631    14,870,623 
ASML Holding   27,595    19,181,418 
ASML Holding, Cl G   24,721    17,173,926 
BE Semiconductor Industries   18,372    2,489,550 
         53,715,517 
Materials — 0.7%          
Akzo Nobel   239,272    15,070,668 
           
         135,784,934 

COMMON STOCK — continued

   Shares   Value 
NEW ZEALAND — 0.1%          
Health Care — 0.1%          
Fisher & Paykel Healthcare   118,728   $2,577,977 
           
POLAND — 0.1%
Financials — 0.1%
Powszechny Zaklad Ubezpieczen   109,812    1,847,236 
           
QATAR — 0.1%
Communication Services — 0.1%
Ooredoo QPSC   243,889    901,313 
           
RUSSIA — 0.0%
Financials — 0.0%
Sberbank of Russia PJSC ADR (A)   55,964     
           
SAUDI ARABIA — 0.2%
Consumer Discretionary — 0.0%
United Electronics   19,557    467,927 
           
Financials — 0.2%
Arab National Bank   101,996    590,031 
Riyad Bank   111,487    836,544 
Saudi National Bank   207,943    2,075,082 
         3,501,657 
Information Technology — 0.0%
Elm   2,299    556,994 
           
         4,526,578 
SINGAPORE — 2.1%
Communication Services — 0.0%
JOYY ADR   12,185    611,687 
           
Consumer Discretionary — 1.7%
Sea ADR *   216,217    33,870,393 
           
Financials — 0.4%
United Overseas Bank   281,900    7,838,292 
           
         42,320,372 

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
SOUTH AFRICA — 0.3%          
Communication Services — 0.0%          
Group   52,293   $442,775 
           
Materials — 0.3%
Gold Fields   87,645    2,153,202 
Impala Platinum Holdings *   212,824    2,026,368 
Sasol *   182,930    947,970 
         5,127,540 
         5,570,315 
SOUTH KOREA — 2.6%
Communication Services — 0.2%
Krafton *   3,827    901,089 
KT   27,973    1,109,966 
         2,011,055 
Consumer Discretionary — 0.3%
Hankook Tire & Technology   15,878    506,464 
Hyundai Mobis   9,444    1,992,871 
Hyundai Motor   11,654    1,772,893 
Kia   27,882    2,040,148 
Youngone   17,316    752,663 
         7,065,039 
Financials — 0.4%
DB Insurance   10,595    973,835 
Hana Financial Group   41,881    2,560,567 
KIWOOM Securities   4,191    646,270 
Samsung Life Insurance   5,980    539,782 
Samsung Securities   17,674    895,974 
Shinhan Financial Group   40,774    1,985,446 
Woori Financial Group   89,334    1,585,070 
         9,186,944 
Health Care — 0.1%
PharmaResearch   4,867    1,937,248 
           
Industrials — 0.3%
GS Holdings   23,433    829,143 
Hanwha   23,873    1,705,034 
HD Korea Shipbuilding & Offshore Engineering   4,986    1,281,313 
Korean Air Lines   40,872    691,978 
LX International   43,702    1,007,240 
         5,514,708 
Information Technology — 1.2%
BH   33,720    353,290 
Samsung Electronics   284,757    14,512,348 
Samsung Electronics GDR   3,597    4,501,179 
SK Hynix   24,592    4,766,322 
         24,133,139 

COMMON STOCK — continued

   Shares   Value 
SOUTH KOREA — continued          
Materials — 0.0%          
OCI Holdings   6,994   $468,926 
           
Utilities — 0.1%
Korea Electric Power   74,657    2,062,165 
Korea Gas   18,560    571,624 
         2,633,789 
         52,950,848 
SPAIN — 0.6%
Consumer Discretionary — 0.2%
Industria de Diseno Textil   91,733    4,394,659 
           
Utilities — 0.4%
Iberdrola   444,734    7,839,705 
           
         12,234,364 
SWEDEN — 1.1%
Consumer Discretionary — 0.4%
Electrolux, Cl B *   1,167,370    7,131,440 
           
Industrials — 0.5%
Atlas Copco, Cl A   622,026    9,501,035 
           
Information Technology — 0.2%
Hexagon, Cl B   459,117    5,060,037 
         21,692,512 
SWITZERLAND — 2.1%
Consumer Staples — 0.0%
Nestle   375    32,774 
           
Financials — 0.9%
UBS Group   467,582    17,381,508 
           
Health Care — 0.6%
Alcon   102,739    9,009,139 
Galderma Group   23,339    3,597,849 
         12,606,988 
Industrials — 0.6%
ABB   175,882    11,487,592 
           
         41,508,862 
TAIWAN — 6.3%
Consumer Discretionary — 0.0%
Pou Chen   630,000    592,459 

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
TAIWAN — continued          
Industrials — 0.2%          
Eva Airways   1,217,000   $1,534,515 
Evergreen Marine Taiwan   192,400    1,269,627 
        2,804,142 
Information Technology — 6.1%
Accton Technology   77,000    2,274,134 
Arcadyan Technology   66,000    487,736 
Asia Vital Components   43,087    1,309,598 
ASPEED Technology   4,772    722,676 
Asustek Computer   92,000    2,019,531 
Elite Material   57,000    2,089,429 
Gigabyte Technology   112,000    1,016,138 
Gold Circuit Electronics   144,000    1,783,644 
Hon Hai Precision Industry   459,000    2,671,342 
MediaTek   12,000    543,415 
Quanta Computer   223,000    2,077,058 
Simplo Technology   54,000    737,287 
Taiwan Semiconductor Manufacturing   1,558,000    59,981,890 
Taiwan Semiconductor Manufacturing ADR   175,029    42,290,507 
Taiwan Surface Mounting Technology   171,000    602,754 
Wistron   389,000    1,583,177 
Wiwynn   17,000    1,551,532 
         123,741,848 
         127,138,449 
THAILAND — 0.2%
Consumer Discretionary — 0.0%
Com7, Cl F   973,200    646,226 
           
Consumer Staples — 0.2%
Charoen Pokphand Foods   1,354,900    944,932 
CP ALL   1,097,600    1,585,855 
         2,530,787 
Real Estate — 0.0%
Sansiri   4,370,400    197,539 
           
         3,374,552 
TÜRKIYE — 0.2%
Consumer Discretionary — 0.0%
Dogus Otomotiv Servis ve Ticaret   72,602    328,622 
           
Industrials — 0.2%
Anadolu Grubu Holding   56,104    386,339 
Enka Insaat ve Sanayi   399,976    683,031 
Pegasus Hava Tasimaciligi *   180,981    1,121,046 

COMMON STOCK — continued

   Shares   Value 
TÜRKIYE — continued          
Industrials— continued          
Turk Hava Yollari AO   162,485   $1,150,385 
         3,340,801 
         3,669,423 
UNITED ARAB EMIRATES — 0.2%
Communication Services — 0.0%
Emirates Telecommunications Group PJSC   120,222    619,913 
 
Real Estate — 0.2%
Aldar Properties PJSC   549,741    1,420,587 
Emaar Properties PJSC   577,098    2,389,906 
         3,810,493 
         4,430,406 
UNITED KINGDOM — 12.9%
Consumer Discretionary — 2.6%
Berkeley Group Holdings   106,373    5,126,118 
Compass Group   648,985    22,851,555 
Kingfisher   775,784    2,764,169 
SSP Group   7,119,896    16,033,343 
WH Smith   490,511    6,634,611 
         53,409,796 
Consumer Staples — 1.3%
Diageo   532,323    12,928,554 
Unilever   217,191    12,627,253 
         25,555,807 
Energy — 0.7%
BP   2,670,185    14,342,172 
Shell (EUR)   1,553    56,128 
Shell (GBP)   1,668    60,059 
         14,458,359 
Financials — 3.5%
3i Group   615,057    33,676,669 
Barclays   4,975,128    24,368,179 
NatWest Group   863,895    6,009,043 
Standard Chartered   370,508    6,655,650 
         70,709,541 
Health Care — 1.2%
Haleon   1,083,278    5,091,678 
Smith & Nephew   1,105,736    16,933,425 
Verona Pharma ADR *   19,322    2,030,549 
         24,055,652 
Industrials — 1.3%
Ashtead Group   95,899    6,420,225 
Howden Joinery Group   325,285    3,773,375 
RELX (EUR)   165,044    8,596,101 
Smiths Group   67,058    2,081,442 
Weir Group   162,399    5,716,872 

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL EQUITY FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
UNITED KINGDOM — continued          
Industrials— continued          
Wizz Air Holdings *   34,950   $578,578 
         27,166,593 
Information Technology — 0.5%
Halma   79,231    3,397,098 
Sage Group   424,861    6,835,773 
         10,232,871 
Materials — 0.9%
Croda International   5,268    181,683 
Glencore   719,819    2,894,767 
Linde   33,043    15,208,371 
Rio Tinto   535    31,929 
         18,316,750 
Real Estate — 0.3%
Segro ‡   788,390    6,732,961 
           
Utilities — 0.6%
National Grid   790,249    11,127,319 
           
         261,765,649 
UNITED STATES — 2.3%
Consumer Discretionary — 1.9%
Carnival *   509,060    15,154,716 
Coupang, Cl A *   784,800    23,096,664 
         38,251,380 
Financials — 0.1%
Eurobank Ergasias Services and Holdings   645,020    2,374,398 
           
Health Care — 0.2%
STERIS   19,217    4,352,459 
           
Materials — 0.1%
Anglogold Ashanti   45,626    2,089,989 
           
         47,068,226 
URUGUAY — 1.3%
Consumer Discretionary — 1.3%
MercadoLibre *   11,329    26,893,800 
           
Total Common Stock          
(Cost $1,549,533,084)        1,979,977,727 

PREFERRED STOCK — 0.0%

   Shares   Value 
BRAZIL — 0.0%        
Materials — 0.0%        
Bradespar (B)   225,400   $630,881 
Total Preferred Stock          
(Cost $1,039,895)        630,881 
Total Investments in Securities— 97.7%         
(Cost $1,550,572,979)       $1,980,608,608 

 

Percentages are based on Net Assets of $2,027,141,576.

 

* Non-income producing security.
Real Estate Investment Trust.
   
(A) Level 3 security in accordance with fair value hierarchy.
(B) There is currently no rate available.

 

ADR — American Depositary Receipt

CAD — Canadian Dollar

Cl — Class

EUR — Euro

GBP — British Pound

GDR — Global Depositary Receipt

PJSC — Public Joint-Stock Company

QPSC — Qatari Joint-Stock Company

USD — U.S. Dollar

 

Amounts designated as “–” are $0 or have been round to $0.

 

CRI-QH-001-0800

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS

COMMON STOCK — 90.6%

   Shares   Value 
AUSTRALIA — 4.1%
Communication Services — 0.0%
Aussie Broadband   17,637   $50,947 
           
Consumer Staples — 0.2%
Inghams Group   102,782    228,084 
           
Financials — 0.4%
Steadfast Group   129,614    494,216 
           
Health Care — 0.5%
Ansell   21,126    405,205 
Nanosonics *   34,977    91,206 
Regis Healthcare   10,116    54,147 
         550,558 
Industrials — 0.8%
Emeco Holdings *   123,244    70,357 
Monadelphous Group   52,775    659,209 
Service Stream   66,735    85,000 
         814,566 
Information Technology — 0.4%
Bravura Solutions   37,035    50,922 
IRESS   15,879    80,714 
Technology One   12,623    330,815 
         462,451 
Materials — 1.7%
Catalyst Metals *   36,856    119,679 
Metals X *   424,004    157,336 
Orora   134,497    178,840 
Perenti   478,775    538,148 
Perseus Mining   231,081    483,329 
Ramelius Resources   157,086    253,204 
Westgold Resources   106,285    173,864 
         1,904,400 
Real Estate — 0.1%
Dexus Industria REIT ‡   79,596    143,625 
           
         4,648,847 
AUSTRIA — 1.4%
Financials — 0.9%
BAWAG Group   4,643    587,699 
Vienna Insurance Group Wiener Versicherung Gruppe   8,063    426,689 
         1,014,388 
Industrials — 0.4%
ANDRITZ   962    67,143 
Palfinger   4,137    172,565 
Porr Ag   4,886    164,747 
         404,455 

COMMON STOCK — continued  

   Shares   Value 
AUSTRIA — continued
Materials — 0.1%
Mayr Melnhof Karton   1,606   $137,260 
           
         1,556,103 
BELGIUM — 1.2%
Consumer Staples — 0.1%
Colruyt Group NorthV   1,677    71,846 
           
Industrials — 0.5%
Azelis Group   21,450    334,237 
Deme Group   1,783    267,642 
         601,879 
Information Technology — 0.2%
Barco   18,599    290,732 
           
Materials — 0.4%
Titan Cement International   10,128    418,748 
           
         1,383,205 
BERMUDA — 0.7%
Financials — 0.7%
Lancashire Holdings   96,132    795,442 
           
BRAZIL — 0.7%
Consumer Discretionary — 0.2%
C&A MODAS   71,900    209,591 
           
Industrials — 0.1%
Marcopolo   73,500    87,041 
Schulz   60,600    53,472 
         140,513 
Utilities — 0.4%
Cia de Saneamento do Parana   65,100    395,469 
           
         745,573 
CANADA — 5.3%
Communication Services — 0.1%
Cogeco   1,800    76,203 
           
Consumer Discretionary — 0.6%
Aritzia *   5,958    320,492 
Gildan Activewear   4,900    248,057 
Linamar   1,003    48,606 
         617,155 
Energy — 1.5%
North American Construction Group   6,435    97,045 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued  

   Shares   Value 
CANADA — continued
Energy— continued
Parex Resources   31,486   $374,402 
PrairieSky Royalty   60,600    1,044,518 
Precision Drilling *   1,358    76,644 
Secure Energy Services   7,467    81,770 
         1,674,379 
Financials — 0.6%
Definity Financial   3,420    184,661 
Onex   6,300    513,642 
         698,303 
Health Care — 0.6%
Extendicare, Cl Trust Units   39,771    354,690 
Sienna Senior Living   23,315    301,861 
         656,551 
Industrials — 0.6%
Finning International   8,669    378,601 
MDA Space *   10,644    298,714 
         677,315 
Information Technology — 0.1%
Docebo *   3,573    108,569 
 
Materials — 0.7%
Fortuna Mining *   18,606    120,312 
IAMGOLD *   15,389    104,185 
OceanaGold   11,211    152,853 
Silvercorp Metals   9,713    42,363 
Torex Gold Resources *   6,465    182,510 
Transcontinental, Cl Common Subs. Receipt   19,526    272,154 
Wesdome Gold Mines *   6,424    76,667 
         951,044 
Real Estate — 0.5%
Primaris REIT ‡   30,327    323,550 
Slate Grocery REIT, Cl Common Subs. Receipt ‡   18,717    192,917 
         516,467 
         5,975,986 
CAYMAN ISLANDS — 0.2%
Financials — 0.2%
StoneCo, Cl A *   14,591    186,473 
           
Materials — 0.0%
Jinan Acetate Chemical   15,000    39,923 
           
         226,396 
CHINA — 1.8%
Communication Services — 0.2%
Newborn Town *   182,000    245,569 

COMMON STOCK — continued  

   Shares   Value 
CHINA — continued
Consumer Discretionary — 0.3%
Atour Lifestyle Holdings ADR   5,116   $173,023 
JNBY Design   93,000    220,229 
         393,252 
Consumer Staples — 0.0%
Star Lake Bioscience Zhaoqing Guangdong, Cl A   34,200    38,560 
           
Financials — 0.5%
FinVolution Group ADR   44,435    381,697 
LexinFintech Holdings ADR   13,161    83,836 
ZhongAn Online P&C Insurance, Cl H *   29,400    75,238 
         540,771 
Industrials — 0.1%
Lonking Holdings   235,000    79,312 
           
Materials — 0.4%
Fufeng Group   412,000    454,876 
           
Real Estate — 0.2%
Country Garden Services Holdings   101,000    83,509 
Greentown Service Group   142,000    86,461 
         169,970 
Utilities — 0.1%
Beijing Jingneng Clean Energy, Cl H   386,000    116,822 
           
         2,039,132 
DENMARK — 0.8%
Health Care — 0.5%
ALK-Abello *   20,715    602,948 
           
Industrials — 0.3%
Per Aarsleff Holding   2,950    318,725 
           
         921,673 
FINLAND — 0.9%
Consumer Discretionary — 0.1%
Puuilo   4,204    65,783 
           
Industrials — 0.3%
Metso   27,747    349,504 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
FINLAND — continued
Materials — 0.5%
Huhtamaki   15,840   $546,801 
           
         962,088 
FRANCE — 2.8%          
Communication Services — 0.0%          
Pullup Entertainment *   2,580    71,961 
           
Consumer Discretionary — 0.0%          
Valeo   5,549    60,547 
           
Energy — 1.2%          
Esso Francaise   732    80,740 
Etablissements Maurel et Prom   18,421    113,460 
Gaztransport Et Technigaz   2,225    419,717 
Technip Energies   14,688    636,107 
         1,250,024 
Financials — 0.1%          
Pluxee   7,171    145,842 
           
Industrials — 0.1%          
Elis   2,663    73,634 
           
Information Technology — 1.1%          
Alten   13,529    1,102,796 
VusionGroup   485    125,037 
         1,227,833 
Utilities — 0.3%          
Rubis SCA   10,379    329,623 
           
         3,159,464 
GERMANY — 3.0%          
Communication Services — 0.1%          
Springer Nature & KGaA   5,506    118,209 
           
Consumer Discretionary — 0.4%          
Hornbach Holding & KGaA   1,572    185,383 
HUGO BOSS   1,053    49,185 
TUI *   14,805    133,963 
         368,531 
Energy — 0.1%          
Friedrich Vorwerk Group   980    95,528 
           
Industrials — 0.4%          
Cewe Stiftung & KGAA   419    48,125 
KION Group   898    55,366 
Krones   2,404    357,018 
         460,509 

COMMON STOCK — continued  

   Shares   Value 
GERMANY — continued
Information Technology — 1.3%
Atoss Software   3,571   $480,389 
Bechtle   13,504    587,843 
IONOS Group *   4,724    224,700 
SUSS MicroTec   7,023    255,327 
         1,548,259 
Materials — 0.1%
thyssenkrupp   7,513    87,219 
           
Real Estate — 0.6%
TAG Immobilien   43,022    693,738 
         3,371,993 
HONG KONG — 2.0%
Communication Services — 0.0%
Meitu   28,500    43,583 
           
Consumer Discretionary — 0.3%
Chervon Holdings   17,300    39,631 
JS Global Lifestyle *   396,000    88,785 
Stella International Holdings   54,000    107,312 
TCL Electronics Holdings   44,000    56,985 
Yue Yuen Industrial Holdings   33,500    52,396 
         345,109 
Consumer Staples — 0.3%
China Foods   126,000    52,467 
First Pacific   318,000    250,211 
         302,678 
Financials — 0.4%
Bank of East Asia   284,000    438,975 
Dah Sing Banking Group   66,400    77,625 
Dah Sing Financial Holdings   11,600    43,033 
         559,633 
Health Care — 0.1%
United Laboratories International Holdings   54,000    101,226 
           
Industrials — 0.2%
ANE Cayman *   192,500    199,793 
           
Information Technology — 0.2%
BOE Varitronix   232,000    174,881 
           
Materials — 0.2%
Sinofert Holdings   1,378,000    248,860 
           
Real Estate — 0.3%
China Overseas Property Holdings   125,000    85,794 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
HONG KONG — continued
Real Estate— continued
Onewo, Cl H   37,000   $105,634 
Yuexiu Services Group   350,500    131,863 
         323,291 
         2,299,054 
HUNGARY — 0.5%
Communication Services — 0.5%
Magyar Telekom Telecommunications   104,546    520,994 
           
INDIA — 3.7%
Communication Services — 0.2%
Tips Music   31,658    211,635 
           
Consumer Discretionary — 0.2%
Garware Technical Fibres   9,945    101,673 
Pearl Global Industries   3,407    57,462 
         159,135 
Consumer Staples — 0.4%
Kaveri Seed   29,929    377,732 
LT Foods   15,919    87,826 
         465,558 
Financials — 0.3%
Karur Vysya Bank   68,295    204,659 
Manappuram Finance   27,997    80,604 
Motilal Oswal Financial Services   4,758    49,247 
         334,510 
Health Care — 0.7%
Acutaas Chemicals   3,524    53,103 
Ajanta Pharma   7,126    222,984 
Artemis Medicare Services   20,414    55,640 
Emcure Pharmaceuticals *   5,419    86,630 
Indegene   60,167    370,569 
         788,926 
Industrials — 1.0%
Anup Engineering Limited   5,812    175,053 
BLS International Services   11,942    51,397 
Force Motors   2,463    475,231 
Nava   68,725    491,763 
Shipping Corp of India   20,601    50,422 
         1,243,866 
Information Technology — 0.0%
AurionPro Solutions   2,714    41,885 
Coforge   2,515    49,834 
E2E Networks *   1,750    41,221 
         132,940 
Materials — 0.7%
Epigral   6,349    145,884 

COMMON STOCK — continued  

   Shares   Value 
INDIA — continued
Materials— continued
Godawari Power and Ispat   201,466   $443,430 
Gulf Oil Lubricants India   4,801    65,964 
National Aluminium   30,785    64,575 
         719,853 
Real Estate — 0.2%
Mindspace Business Parks REIT ‡   15,379    72,461 
NESCO   5,912    92,694 
         165,155 
         4,221,578 
INDONESIA — 0.2%
Energy — 0.1%
Elnusa   1,676,000    49,680 
           
Real Estate — 0.1%
Pakuwon Jati   5,922,600    126,579 
           
         176,259 
ISRAEL — 1.1%
Consumer Staples — 0.4%
Oddity Tech, Cl A *   6,237    437,027 
           
Financials — 0.0%
Phoenix Financial   1,640    55,959 
           
Industrials — 0.1%
El Al Israel Airlines *   14,277    57,717 
Fiverr International *   2,981    65,820 
         123,537 
Information Technology — 0.6%
Alarum Technologies ADR *   2,741    34,153 
Camtek *   741    69,765 
Ceragon Networks *   31,368    69,323 
Innoviz Technologies *   46,572    71,721 
Nova *   1,484    389,684 
         634,646 
         1,251,169 
ITALY — 5.1%
Consumer Discretionary — 0.4%
De' Longhi   15,144    498,156 
OVS   11,235    46,645 
         544,801 
Consumer Staples — 0.1%
Orsero   4,833    77,990 
           
Financials — 1.1%
Azimut Holding   21,640    737,754 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued  

   Shares   Value 
ITALY — continued
Financials— continued
Banca Monte dei Paschi di Siena   57,992   $495,158 
         1,232,912 
Health Care — 0.4%
Amplifon   23,780    401,484 
           
Industrials — 1.8%
Interpump Group   19,523    803,342 
Iveco Group   33,102    686,219 
Webuild   128,332    579,271 
         2,068,832 
Information Technology — 0.1%
Reply   558    87,658 
           
Materials — 1.2%
Buzzi   24,863    1,302,142 
           
         5,715,819 
JAPAN — 23.0%
Communication Services — 0.3%
Japan Communications *   45,300    48,260 
Macbee Planet   4,300    74,916 
NexTone *   9,800    119,342 
Sharingtechnology   16,200    130,099 
Toei   1,500    51,913 
         424,530 
Consumer Discretionary — 3.8%
Aoyama Trading   18,100    275,123 
Chiyoda   7,000    56,013 
Foster Electric   23,700    296,392 
Fujita Kanko   6,000    418,336 
Greens   4,800    65,379 
Intermestic   14,400    183,982 
JINS Holdings   1,800    95,632 
JTEKT   16,700    144,612 
Mazda Motor   17,700    106,353 
McDonald's Holdings Japan   8,600    344,122 
Mitsubishi Motors   68,100    179,308 
Open House Group   3,500    155,085 
Sanyo Shokai   5,500    108,856 
Seiko Group   4,600    128,134 
Shimamura   10,000    725,533 
Stanley Electric   35,000    661,421 
Toyoda Gosei   8,300    175,518 
Toyota Boshoku   5,700    81,164 
Yamaha   7,900    57,052 
         4,258,015 

COMMON STOCK — continued

   Shares   Value 
JAPAN — continued
Consumer Staples — 1.5%
Chubu Shiryo   5,400   $60,100 
Earth   1,600    51,805 
Ezaki Glico   12,000    371,290 
H2O Retailing   3,400    45,019 
Lacto Japan   8,600    228,050 
Maruha Nichiro   6,800    141,514 
San-A, Cl A   29,900    596,960 
Showa Sangyo   16,300    328,024 
Toho   2,100    45,389 
         1,868,151 
Financials — 2.0%
77 Bank   4,000    138,447 
Aichi Financial Group   6,323    113,504 
Credit Saison   6,400    169,197 
Hachijuni Bank   9,900    89,248 
Hyakugo Bank   23,200    114,982 
J Trust   22,300    65,660 
Juroku Financial Group   3,300    114,040 
Kyoto Financial Group   6,000    108,764 
Oita Bank   2,700    84,710 
Shiga Bank   2,900    116,701 
Shizuoka Financial Group   34,900    413,641 
Tokyo Century   4,500    51,606 
Tokyo Kiraboshi Financial Group   3,100    133,929 
TOMONY Holdings   26,100    105,719 
Traders Holdings   13,300    104,930 
Zenkoku Hosho   13,600    290,746 
         2,215,824 
Health Care — 0.1%
Charm Care   4,900    43,031 
Pharma Foods International   12,500    73,220 
         116,251 
Industrials — 7.9%
Chiyoda *   26,500    63,089 
Daiseki   27,700    646,187 
Glory   44,700    1,151,742 
gremz   5,500    91,761 
GS Yuasa   22,200    399,215 
Hamakyorex   12,300    119,258 
Hoshizaki   18,900    648,500 
Japan Elevator Service Holdings   8,300    222,022 
Kamigumi   27,100    763,148 
Management Solutions   7,600    84,474 
MEITEC Group Holdings   48,700    1,020,752 
MISUMI Group   21,100    304,456 
Namura Shipbuilding   9,600    196,404 
Nankai Electric Railway   8,000    128,762 
NGK Insulators   17,700    224,540 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
JAPAN — continued
Industrials— continued
Nishi-Nippon Railroad   28,100   $400,534 
NTN   99,700    170,448 
Sato Holdings   19,500    276,343 
Sohgo Security Services   52,000    362,945 
Sumitomo Warehouse   23,200    482,171 
Taikisha   26,400    473,952 
YAMABIKO   37,400    544,382 
         8,775,085 
Information Technology — 3.3%
Change Holdings   9,300    71,288 
Cybozu   18,200    480,929 
DTS   26,700    887,647 
Ferrotec Holdings   9,100    218,701 
Horiba   8,500    626,385 
ISB   6,600    65,851 
Maruwa   1,200    362,434 
Oki Electric Industry   68,600    715,265 
Siix   27,300    222,975 
         3,651,475 
Materials — 1.9%
Aica Kogyo   12,200    301,007 
Artience   4,200    89,120 
Fuji Seal International   27,500    506,246 
Lintec   4,500    90,411 
Nihon Parkerizing   41,900    382,991 
Nippon Light Metal Holdings   20,200    234,875 
Nippon Paper Industries   36,200    266,873 
Sakata INX   20,500    292,188 
         2,163,711 
Real Estate — 2.2%
B-Lot   9,000    87,607 
Global One Real Estate Investment ‡   570    540,026 
Japan Excellent ‡   95    88,068 
KDX Realty Investment ‡   115    123,837 
Leopalace21   35,300    166,675 
Orix JREIT ‡   787    1,030,877 
Sekisui House Reit ‡   845    439,862 
         2,476,952 
         25,949,994 
LUXEMBOURG — 0.1%
Energy — 0.1%
d'Amico International Shipping   33,876    140,015 
           
MALAYSIA — 0.5%
Industrials — 0.1%
My EG Services   434,900    89,199 

COMMON STOCK — continued

   Shares   Value 
MALAYSIA — continued
Real Estate — 0.4%
Eco World Development Group   261,400   $124,372 
Pavilion Real Estate Investment Trust ‡   456,500    190,038 
SP Setia Group   717,600    187,580 
         501,990 
         591,189 
MEXICO — 0.2%
Financials — 0.2%
Gentera   101,400    230,390 
           
NETHERLANDS — 1.3%
Industrials — 1.1%
Aalberts   16,120    516,742 
Arcadis   12,236    612,461 
Koninklijke Heijmans NorthV   2,199    140,568 
Signify   2,295    55,063 
         1,324,834 
Real Estate — 0.2%
Wereldhave ‡   8,094    166,155 
         1,490,989 
NORWAY — 1.8%
Energy — 0.2%
Sea1 offshore   27,858    73,262 
Solstad Offshore *   21,787    106,284 
         179,546 
Financials — 0.6%
SpareBank 1 SMN   38,036    709,866 
           
Industrials — 0.4%
Hoegh Autoliners   38,976    393,396 
Wallenius Wilhelmsen, Cl B   12,259    110,153 
         503,549 
Information Technology — 0.4%
Atea   34,772    481,346 
           
Materials — 0.2%
Elopak   39,791    193,775 
           
         2,068,082 
PHILIPPINES — 0.4%
Communication Services — 0.0%
Converge Information and Communications Technology Solutions   190,200    58,203 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
PHILIPPINES — continued
Real Estate — 0.4%
AREIT ‡   408,100   $293,836 
Robinsons Land   445,700    110,653 
         404,489 
         462,692 
POLAND — 0.1%
Consumer Discretionary — 0.1%
CCC *   1,227    63,273 
           
PORTUGAL — 0.6%
Consumer Staples — 0.3%
Sonae SGPS   261,621    378,603 
           
Financials — 0.3%
Banco Comercial Portugues, Cl R   366,813    302,090 
           
         680,693 
SAUDI ARABIA — 0.4%
Industrials — 0.3%
Al Babtain Power & Telecommunication   21,944    327,952 
           
Real Estate — 0.1%
Sumou Real Estate   6,257    65,573 
           
         393,525 
SINGAPORE — 0.6%
Real Estate — 0.6%
ESR-LOGOS REIT ‡   133,230    282,373 
UOL Group   83,900    443,871 
         726,244 
         726,244 
SOUTH AFRICA — 1.0%
Communication Services — 0.0%
Telkom SOC   15,488    50,704 
           
Consumer Staples — 0.2%
AVI   43,196    224,392 
           
Financials — 0.4%
Investec   59,337    438,941 
           
Materials — 0.1%
Omnia Holdings   24,594    107,375 

COMMON STOCK — continued  

   Shares   Value 
SOUTH AFRICA — continued
Real Estate — 0.3%
Redefine Properties ‡   1,053,203   $280,786 
           
         1,102,198 
SOUTH KOREA — 2.7%
Communication Services — 0.0%
SOOP   1,032    58,651 
           
Consumer Staples — 0.1%
Binggrae   1,018    59,465 
           
Financials — 0.7%
Hanwha General Insurance *   41,480    179,145 
JB Financial Group   19,803    328,673 
KIWOOM Securities   1,380    212,802 
         720,620 
Industrials — 1.5%
HD HYUNDAI MIPO   952    144,870 
Korea Electric Terminal   5,069    241,286 
Kyung Dong Navien   10,700    660,435 
S-1, Cl 1   12,827    683,584 
         1,730,175 
Information Technology — 0.1%
Jusung Engineering   3,829    74,053 
           
Materials — 0.3%
Han Kuk Carbon   5,292    114,002 
KCC   887    235,295 
Unid   797    48,152 
         397,449 
         3,040,413 
SPAIN — 1.7%
Consumer Discretionary — 0.1%
Gestamp Automocion   22,308    84,102 
           
Consumer Staples — 1.1%
Distribuidora Internacional de Alimentacion *   6,217    204,207 
Viscofan   15,710    1,078,149 
         1,282,356 
Information Technology — 0.1%
Indra Sistemas   4,213    175,031 
           
Materials — 0.4%
Vidrala   3,777    407,773 
           
         1,949,262 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
SWEDEN — 3.7%
Communication Services — 0.3%
Hemnet Group   12,772   $368,924 
           
Consumer Discretionary — 0.2%
Clas Ohlson, Cl B   6,369    222,275 
           
Consumer Staples — 0.4%
AAK   17,760    458,244 
           
Financials — 0.1%
Hoist Finance   16,718    165,216 
           
Health Care — 1.2%
Ambea   22,486    283,739 
Asker Healthcare Group *   20,757    212,060 
Attendo   60,310    422,681 
Camurus *   6,069    422,361 
         1,340,841 
Industrials — 1.0%
Beijer Ref, Cl B   23,882    402,114 
Loomis, Cl B   10,449    414,393 
Peab, Cl B   32,619    246,054 
         1,062,561 
Materials — 0.5%
Hexpol   61,299    529,438 
           
         4,147,499 
SWITZERLAND — 2.1%
Financials — 0.2%
Vontobel Holding   3,331    242,936 
           
Industrials — 1.2%
Bossard Holding   2,236    474,005 
Bucher Industries   898    424,184 
Montana Aerospace *   12,094    421,336 
         1,319,525 
Information Technology — 0.5%
Inficon Holding   4,359    524,631 
           
Real Estate — 0.2%
International Workplace Group   76,668    224,153 
           
         2,311,245 
TAIWAN — 3.1%
Consumer Discretionary — 0.8%
Depo Auto Parts Industries   96,000    549,210 
Fulgent Sun International Holding   21,000    71,717 

COMMON STOCK — continued  

   Shares   Value 
TAIWAN — continued
Consumer Discretionary— continued
Merry Electronics   38,000   $144,117 
Tong Yang Industry   22,000    76,838 
         841,882 
Industrials — 0.1%
Advanced Energy Solution Holding   2,000    82,430 
Sincere Navigation   92,000    67,562 
Tigerair Taiwan *   20,000    56,489 
         206,481 
Information Technology — 1.8%
Airoha Technology   9,000    165,988 
Arcadyan Technology   36,000    266,038 
Asia Optical   48,000    207,169 
Chenbro Micom   5,000    84,751 
FocalTech Systems   60,000    126,147 
Genius Electronic Optical   6,000    86,411 
Himax Technologies ADR   7,465    66,140 
Insyde Software   12,000    86,338 
ITE Technology   22,000    96,445 
ITH   75,000    116,475 
King Slide Works   1,000    88,050 
Lotes   6,000    280,560 
MPI   2,000    69,513 
Pixart Imaging   30,000    194,489 
Posiflex Technology   10,000    82,930 
         2,017,444 
Materials — 0.3%
Nan Pao Resins Chemical   23,000    293,746 
           
Real Estate — 0.1%
Advancetek Enterprise   59,000    137,672 
           
         3,497,225 
THAILAND — 0.7%
Energy — 0.1%
Bangchak NVDR   132,200    137,275 
           
Financials — 0.1%
CPN Retail Growth Leasehold REIT ‡   227,900    78,698 
           
Industrials — 0.4%
BTS Group Holdings NVDR *   1,268,900    136,269 
Regional Container Lines   329,600    306,992 
         443,261 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

COMMON STOCK — continued

   Shares   Value 
THAILAND — continued
Utilities — 0.1%
Rojana Industrial Park   635,600   $91,123 
           
         750,357 
TÜRKIYE — 0.6%
Financials — 0.1%
Turkiye Sinai Kalkinma Bankasi *   217,279    73,540 
           
Real Estate — 0.5%
Reysas Gayrimenkul Yatirim Ortakligi *‡   1,120,711    632,142 
           
         705,682 
UNITED KINGDOM — 9.7%
Communication Services — 0.5%
Future   6,732    63,090 
Rightmove   38,755    419,078 
S4 Capital   163,895    51,842 
         534,010 
Consumer Discretionary — 2.4%
Carnival ADR *   17,618    479,210 
Currys *   268,187    399,898 
Domino's Pizza Group   178,871    567,355 
Dunelm Group   13,670    219,733 
Games Workshop Group   3,141    674,372 
Mitchells & Butlers *   16,265    59,397 
SSP Group   171,849    386,988 
         2,786,953 
Consumer Staples — 1.8%
Cranswick   1,704    119,580 
Nomad Foods   45,213    761,387 
Premier Foods   153,165    390,062 
Tate & Lyle   113,431    802,543 
         2,073,572 
Financials — 1.6%
abrdn   21,213    56,090 
Beazley   28,668    338,477 
Foresight Group Holdings   60,756    371,407 
Man Group   35,625    77,526 
OSB Group   26,249    192,397 
Paragon Banking Group   62,418    745,885 
         1,781,782 
Industrials — 1.8%
Cohort   5,156    99,307 
Diploma   5,119    363,114 
IMI   38,191    1,118,026 
Johnson Service Group   93,917    175,200 
Mitie Group   60,243    111,935 

COMMON STOCK — continued

   Shares   Value 
UNITED KINGDOM — continued
Industrials— continued
Stolt-Nielsen   3,975   $116,829 
         1,984,411 
Information Technology — 0.5%
Spectris   10,834    570,052 
           
Materials — 0.6%
Capital   85,522    106,611 
Elementis   187,556    430,052 
Endeavour Mining   4,241    128,913 
         665,576 
Real Estate — 0.1%
Savills   5,150    66,587 
           
Utilities — 0.4%
Drax Group   47,560    445,096 
           
         10,908,039 
UNITED STATES — 0.8%
Consumer Staples — 0.4%
Primo Brands   15,227    420,418 
           
Industrials — 0.4%
Reliance Worldwide   183,411    505,137 
           
         925,555 
Total Common Stock          
(Cost $85,551,491)        102,105,336 
           
EXCHANGE TRADED FUNDS — 3.2%
 
INTERNATIONAL — 3.2%
iShares Core MSCI Emerging Markets ETF   12,334   $744,110 
iShares MSCI Canada ETF   5,897    272,323 
iShares MSCI EAFE Small- Capital ETF   35,444    2,566,500 
         3,582,933 
Total Exchange Traded Funds          
(Cost $3,440,515)        3,582,933 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS INTERNATIONAL SMALL-CAP FUND

 

JULY 31, 2025 (Unaudited)

 

 

PREFERRED STOCK — 0.1%

   Shares   Value 
BRAZIL — 0.1%
Utilities — 0.1%
Cia de Saneamento do Parana (A)   54,300   $63,916 
Total Preferred Stock          
(Cost $46,999)        63,916 
Total Investments in Securities— 93.9%          
(Cost $89,039,005)       $105,752,185 

Percentages are based on Net Assets of $112,643,860.

 

A list of the open futures contracts held by the Fund at July 31, 2025, is as follows:

 

Type of Contract  Number of Contracts   Expiration Date   Notional Amount   Value   Unrealized Appreciation/ (Depreciation) 
Long Contracts
CAD Currency  6   Sep-2025    $442,554   $434,310   $(8,244)
MSCI EAFE Index  23   Sep-2025     3,049,493    3,005,410    (44,083)
MSCI Emerging Markets  19   Sep-2025     1,168,085    1,176,385    8,300 
Russell 2000 Index E-MINI  2   Sep-2025     223,129    222,020    (1,109)
S&P TSX 60 Index  2   Sep-2025     461,238    469,075    7,837 
          $5,344,499   $5,307,200   $(37,299)

 

* Non-income producing security.
Real Estate Investment Trust.
   
(A) There is currently no rate available.

 

ADR — American Depositary Receipt
Cl — Class
EAFE — Europe, Australasia, and the Far East
ETF — Exchange-Traded Fund
REIT — Real Estate investment Trust
SGPS — Sociedade Gestora de Participações Sociais (holding company)

 

 

CRI-QH-001-0800 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 45/55 FUND

 

July 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS

OPEN-END MUTUAL FUNDS — 99.6%  

   Shares   Value 
EQUITY — 33.8%
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares†(A)   2,187,788   $30,082,081 
Catholic Responsible Investments Multi-Style US Equity Fund, Cl Institutional Shares†   774,410    9,447,802 
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares†   608,670    5,843,232 
         45,373,115 
FIXED INCOME — 54.8%
Catholic Responsible Investments Bond Fund, Cl Institutional Shares†(A)   4,345,197    36,760,369 
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares†(A)   1,972,799    18,366,759 
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares†(A)   1,894,873    18,361,319 
         73,488,447 
INTERNATIONAL — 11.0%
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares†   1,088,456    11,733,558 
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares†   259,924    2,937,142 
         14,670,700 
Total Open-End Mutual Funds          
(Cost $111,169,565)         133,532,262 
Total Investments in Securities— 99.6%          
(Cost $111,169,565)       $133,532,262 

 

Percentages are based on Net Assets of $134,082,813.

 

Investment in Affiliated Security.
(A) Represents greater than 10% of the Fund's total investments. For further financial information, please go to the Fund's website at https://cbisonline.com/us/legal-financial/.

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 45/55 FUND

 

July 31, 2025 (Unaudited)

 

 

The following is a summary of the Fund's transactions with affiliates for the period ended July 31, 2025:

Security Description  Value 10/31/2024   Purchases at Cost   Proceeds from Sales   Change in Unrealized Appreciation   Realized Gain (Loss)   Value 7/31/2025   Income   Capital Gains 
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares  $31,416,873   $887,986   $(5,772,175)  $1,757,192   $1,792,205   $30,082,081   $272,361   $ 
Catholic Responsible Investments Multi-Style US Equity Fund, Cl Institutional Shares   9,591,146    717,718    (1,880,909)   389,139    630,708    9,447,802    95,824     
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares   6,070,886    498,756    (556,357)   (232,372)   62,319    5,843,232    68,008     
Catholic Responsible Investments Bond Fund, Cl Institutional Shares   36,293,499    3,641,523    (3,080,172)   453,448    (547,929)   36,760,369    1,158,390     
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares   18,100,374    1,770,038    (1,540,087)   86,616    (50,182)   18,366,759    630,504     
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares   17,985,547    1,863,175    (1,540,086)   121,104    (68,421)   18,361,319    577,904     
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares   11,746,325    988,012    (2,328,518)   549,883    777,856    11,733,558    207,362     
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares   2,932,607    98,008    (501,143)   354,057    53,613    2,937,142    66,749     
Totals:  $134,137,257   $10,465,216   $(17,199,447)  $3,479,067   $2,650,169   $133,532,262   $3,077,102   $ 

 

Amounts designated as “–” are $0.

 

CRI-QH-001-0800 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 60/40 ALPHA PLUS FUND

 

July 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS

OPEN-END MUTUAL FUNDS — 99.9%

   Shares   Value 
EQUITY — 45.3%
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares†(A)   16,292,815   $224,026,202 
Catholic Responsible Investments Multi-Style US Equity Fund, Cl Institutional Shares†(A)   29,332,770    357,859,790 
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares†   8,975,777    86,167,462 
         668,053,454 
FIXED INCOME — 40.0%
Catholic Responsible Investments Bond Fund, Cl Institutional Shares†(A)   34,911,516    295,351,423 
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares†(A)   15,850,640    147,569,461 
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares†(A)   15,224,583    147,526,207 
         590,447,091 
INTERNATIONAL — 14.6%
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares†(A)   16,031,455    172,819,081 
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares†   3,828,572    43,262,863 
         216,081,944 
Total Open-End Mutual Funds          
(Cost $1,181,136,352)         1,474,582,489 
Total Investments in Securities— 99.9%          
(Cost $1,181,136,352)       $1,474,582,489 

 

Percentages are based on Net Assets of $1,475,916,021.

 

Investment in Affiliated Security.
(A) Represents greater than 10% of the Fund's total investments. For further financial information, please go to the Fund's website at https://cbisonline.com/us/legal-financial/.

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 60/40 ALPHA PLUS FUND

 

July 31, 2025 (Unaudited)

 

 

The following is a summary of the Fund's transactions with affiliates for the period ended July 31, 2025:

Security Description  Value 10/31/2024   Purchases at Cost   Proceeds from Sales   Change in Unrealized Appreciation   Realized Gain (Loss)   Value 7/31/2025   Income   Capital Gains 
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares  $220,048,924   $7,551,126   $(28,453,149)  $20,674,080   $4,205,221   $224,026,202   $1,944,823   $ 
Catholic Responsible Investments Multi-Style US Equity Fund, Cl Institutional Shares   341,815,591    35,519,562    (58,616,568)   18,556,027    20,585,178    357,859,790    3,487,912     
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares   84,480,171    12,367,116    (10,063,894)   (1,668,917)   1,052,986    86,167,462    1,006,079     
Catholic Responsible Investments Bond Fund, Cl Institutional Shares   275,092,781    42,012,374    (20,965,605)   3,167,016    (3,955,143)   295,351,423    8,968,237     
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares   137,183,010    21,538,139    (11,378,601)   1,148,118    (921,205)   147,569,461    4,869,114     
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares   136,316,223    22,000,706    (11,168,835)   892,216    (514,103)   147,526,207    4,464,825     
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares   163,167,332    19,615,193    (29,778,992)   9,848,077    9,967,471    172,819,081    2,996,997     
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares   40,760,298    1,811,953    (5,216,189)   5,446,951    459,850    43,262,863    954,669     
Totals:  $1,398,864,330   $162,416,169   $(175,641,833)  $58,063,568   $30,880,255   $1,474,582,489   $28,692,656   $ 

 

Amounts designated as “–” are $0.

 

CRI-QH-001-0800 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 60/40 BETA PLUS FUND

 

July 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS

OPEN-END MUTUAL FUNDS — 99.9%

   Shares   Value 
EQUITY — 45.3%
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares†(A)   16,973,402   $233,384,283 
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares†   3,597,275    34,533,843 
         267,918,126 
FIXED INCOME — 40.0%
Catholic Responsible Investments Bond Fund, Cl Institutional Shares†(A)   13,989,961    118,355,074 
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares†(A)   6,351,795    59,135,207 
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares†(A)   6,100,943    59,118,140 
         236,608,421 
INTERNATIONAL — 14.6%
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares†(A)   6,424,552    69,256,670 
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares†   1,534,393    17,338,644 
         86,595,314 
Total Open-End Mutual Funds          
(Cost $452,687,953)         591,121,861 
Total Investments in Securities— 99.9%          
(Cost $452,687,953)       $591,121,861 

 

Percentages are based on Net Assets of $591,769,523.

 

Investment in Affiliated Security.
(A) Represents greater than 10% of the Fund's total investments. For further financial information, please go to the Fund's website at https://cbisonline.com/us/legal-financial/.

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 60/40 BETA PLUS FUND

 

July 31, 2025 (Unaudited)

 

 

The following is a summary of the Fund's transactions with affiliates for the period ended July 31, 2025:

Security Description  Value 10/31/2024   Purchases at Cost   Proceeds from Sales   Change in Unrealized Appreciation   Realized Gain (Loss)   Value 7/31/2025   Income   Capital Gains 
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares  $198,893,753   $41,703,506   $(35,172,467)  $23,717,197   $4,242,294   $233,384,283   $1,876,271   $ 
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares   28,290,860    9,817,281    (3,981,254)   81,372    325,584    34,533,843    362,186     
Catholic Responsible Investments Bond Fund, Cl Institutional Shares   85,564,779    37,813,099    (4,871,369)   682,511    (833,946)   118,355,074    3,197,875     
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares   43,090,098    18,376,475    (2,435,684)   189,789    (85,471)   59,135,207    1,742,424     
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares   42,600,301    18,826,523    (2,435,684)   230,213    (103,213)   59,118,140    1,592,582     
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares   55,999,278    16,095,523    (11,455,356)   4,634,135    3,983,090    69,256,670    1,111,753     
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares   14,147,535    3,267,236    (2,578,456)   2,206,257    296,072    17,338,644    354,580     
Totals:  $468,586,604   $145,899,643   $(62,930,270)  $31,741,474   $7,824,410   $591,121,861   $10,237,671   $ 

 

Amounts designated as “–” are $0.

 

CRI-QH-001-0800 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 75/25 FUND

 

July 31, 2025 (Unaudited)

 

 

SCHEDULE OF INVESTMENTS

OPEN-END MUTUAL FUNDS — 98.0%

   Shares   Value 
EQUITY — 55.6%
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares†(A)   4,175,883   $57,418,389 
Catholic Responsible Investments Multi-Style US Equity Fund, Cl Institutional Shares†(A)   2,086,550    25,455,909 
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares†   1,267,746    12,170,362 
         95,044,660 
FIXED INCOME — 24.5%
Catholic Responsible Investments Bond Fund, Cl Institutional Shares†(A)   2,475,716    20,944,556 
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares†   1,124,133    10,465,682 
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares†   1,079,651    10,461,819 
         41,872,057 
INTERNATIONAL — 17.9%
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares†(A)   2,267,579    24,444,498 
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares†   540,878    6,111,917 
         30,556,415 
Total Open-End Mutual Funds          
(Cost $114,766,328)         167,473,132 
Total Investments in Securities— 98.0%          
(Cost $114,766,328)       $167,473,132 

 

Percentages are based on Net Assets of $170,922,797.

 

Investment in Affiliated Security.
(A) Represents greater than 10% of the Fund's total investments. For further financial information, please go to the Fund's website at https://cbisonline.com/us/legal-financial/.

 

 

 

CATHOLIC RESPONSIBLE INVESTMENTS MAGNUS 75/25 FUND

 

July 31, 2025 (Unaudited)

 

 

The following is a summary of the Fund's transactions with affiliates for the period ended July 31, 2025:

Security Description  Value 10/31/2024   Purchases at Cost   Proceeds from Sales   Change in Unrealized Appreciation   Realized Gain (Loss)   Value 7/31/2025   Income   Capital Gains 
Catholic Responsible Investments Equity Index Fund, Cl Institutional Shares  $122,018,679   $7,264,494   $(78,216,094)  $(19,467,243)  $25,818,553   $57,418,389   $813,129   $ 
Catholic Responsible Investments Multi-Style US Equity Fund, Cl Institutional Shares   51,819,186    5,511,678    (34,429,442)   (4,327,298)   6,881,785    25,455,909    425,791     
Catholic Responsible Investments Small-Cap Fund, Cl Institutional Shares   25,379,386    3,597,910    (16,073,661)   (2,732,903)   1,999,630    12,170,362    229,169     
Catholic Responsible Investments Bond Fund, Cl Institutional Shares   38,827,657    7,614,175    (25,478,916)   3,265,452    (3,283,812)   20,944,556    948,403     
Catholic Responsible Investments Opportunistic Bond Fund, Cl Institutional Shares   19,375,264    3,778,549    (12,739,458)   285,925    (234,598)   10,465,682    515,741     
Catholic Responsible Investments Short Duration Bond Fund, Cl Institutional Shares   19,067,010    4,069,296    (12,739,458)   496,246    (431,275)   10,461,819    469,328     
Catholic Responsible Investments International Equity Fund, Cl Institutional Shares   49,705,570    6,316,705    (34,536,212)   (3,573,424)   6,531,859    24,444,498    651,220     
Catholic Responsible Investments International Small-Cap Fund, Cl Institutional Shares   12,563,575    816,980    (8,240,423)   (104,651)   1,076,436    6,111,917    213,818     
Totals:  $338,756,327   $38,969,787   $(222,453,664)  $(26,157,896)  $38,358,578   $167,473,132   $4,266,599   $ 

 

Amounts designated as “–” are $0.

 

CRI-QH-001-0800