Hardman Johnston International Growth Fund
  
Schedule of Investments
  
January 31, 2026 (Unaudited)
  
   
COMMON STOCKS - 99.9%
  
Shares
    
Value
 
Consumer Discretionary - 13.9%
        
LVMH Moet Hennessy Louis Vuitton SE
    
8,254
    
$
5,327,187
  
MercadoLibre, Inc. (a)
    
1,292
      
2,774,945
  
Prosus NV
    
92,155
      
5,299,046
  
Suzuki Motor Corp.
    
404,867
      
5,520,391
  
             
18,921,569
  
                 
Energy - 3.7%
          
Cameco Corp.
    
41,026
      
5,062,198
  
                 
Financials - 12.3%
          
Commerzbank AG
    
157,417
      
6,470,603
  
HDFC Bank Ltd. - ADR
    
50,240
      
1,626,771
  
ICICI Bank Ltd. - ADR
    
53,677
      
1,572,200
  
Standard Chartered PLC
    
271,578
      
6,948,685
  
             
16,618,259
  
                 
Health Care - 16.3%
          
AstraZeneca PLC
    
36,912
      
6,877,199
  
Sandoz Group AG
    
107,772
      
8,538,328
  
UCB SA
    
21,969
      
6,694,541
  
             
22,110,068
  
                 
Industrials - 34.5% (b)
          
Airbus SE
    
27,553
      
6,308,280
  
Hitachi Ltd.
    
191,152
      
6,633,000
  
Leonardo SpA
    
52,313
      
3,495,913
  
Mitsubishi Heavy Industries Ltd.
    
230,574
      
6,789,007
  
Prysmian SpA
    
60,820
      
7,203,751
  
Rheinmetall AG
    
3,032
      
6,424,366
  
Safran SA
    
17,479
      
6,245,117
  
Weir Group PLC
    
84,090
      
3,714,136
  
             
46,813,570
  
                 
Information Technology - 19.2%
          
ASML Holding NV
    
5,428
      
7,783,267
  
Infineon Technologies AG
    
146,387
      
7,155,788
  
STMicroelectronics NV
    
112,780
      
3,184,699
  
Taiwan Semiconductor Manufacturing Co. Ltd.
    
144,277
      
7,977,932
  
             
26,101,686
  
TOTAL COMMON STOCKS (Cost $88,531,750)
      
135,627,350
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 0.3%
  
Shares
    
Value
 
First American Government Obligations Fund - Class X, 3.61% (c)
    
457,132
      
457,132
  
TOTAL MONEY MARKET FUNDS (Cost $457,132)
      
457,132
  
                 
TOTAL INVESTMENTS - 100.2% (Cost $88,988,882)
      
136,084,482
  
Liabilities in Excess of Other Assets - (0.2)%
      
(249,167
)
TOTAL NET ASSETS - 100.0%
          
$
135,835,315
  
                 
Percentages are stated as a percent of net assets.
          
   
The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
  

ADR - American Depositary Receipt
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
To the extent that the Fund invests more heavily in a particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(c)
The rate shown represents the 7-day annualized yield as of January 31, 2026.

 
Summary of Fair Value Disclosure as of January 31, 2026 (Unaudited)
 
Hardman Johnston International Growth Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of January 31, 2026:
 
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
11,036,114
    
$
124,591,236
    
$
–
    
$
135,627,350
  
  Money Market Funds
    
457,132
      
–
      
–
      
457,132
  
Total Investments
  
$
11,493,246
    
$
124,591,236
    
$
–
    
$
136,084,482
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.