Schedule of Investments
February 28, 2023 (Unaudited)
City National Rochdale Strategic Credit Fund
Description | Face Amount (000) | Value (000) | ||||||
Asset-Backed Securities [92.6%] | ||||||||
AIMCO CLO 17, Ser 2022-17A, Cl F | ||||||||
13.349%, TSFR3M + 8.710%, 07/20/35(A)(B) | $ | 400 | $ | 340 | ||||
AIMCO CLO 17 Equity, Ser 2022-17A | ||||||||
0.000%, 07/20/35* (C) | 10,250 | 8,329 | ||||||
AIMCO CLO Equity, Ser 2021-15A | ||||||||
0.000%, 10/17/34* (A)(B) (C) | 9,750 | 6,835 | ||||||
ALM 2020, Ser 2020-1A, Cl D | ||||||||
10.792%, ICE LIBOR USD 3 Month + 6.000%, 10/15/29(A)(B) | 3,268 | 2,925 | ||||||
ALM 2020 CLO Equity, Ser 2020-1A | ||||||||
0.000%, 10/15/29* (A)(B) (C) | 5,025 | 1,938 | ||||||
Apidos CLO XL Equity, Ser 2022-4A | ||||||||
0.000%, 07/15/35* (C) | 2,250 | 1,536 | ||||||
Apidos CLO XXIV, Ser 2016-24A, Cl DR | ||||||||
10.608%, ICE LIBOR USD 3 Month + 5.800%, 10/20/30(A)(B) | 1,000 | 858 | ||||||
Apidos CLO XXVIII, Ser 2017-28A, Cl D | ||||||||
10.308%, ICE LIBOR USD 3 Month + 5.500%, 01/20/31(A)(B) | 500 | 439 | ||||||
Apidos CLO XXVIII Equity, Ser 2017-28A | ||||||||
0.000%, 01/20/31* (A)(B) (C) | 2,000 | 660 | ||||||
Apidos CLO XXX, Ser 2018-XXXA, Cl D | ||||||||
10.395%, ICE LIBOR USD 3 Month + 5.600%, 10/18/31(A)(B) | 1,000 | 882 | ||||||
Apidos CLO XXXII Equity, Ser 2019-32A | ||||||||
0.000%, 01/20/33* (A)(B) (C) | 4,400 | 2,986 | ||||||
Apidos CLO XXXV Equity, Ser 2021-35A | ||||||||
0.000%, 04/20/34* (A)(B) (C) | 500 | 327 | ||||||
ARES XLVII CLO, Ser 2018-47A, Cl E | ||||||||
10.292%, ICE LIBOR USD 3 Month + 5.500%, 04/15/30(A)(B) | 2,000 | 1,653 | ||||||
Barings CLO, Ser 2017-2A, Cl ER | ||||||||
11.258%, ICE LIBOR USD 3 Month + 6.450%, 10/20/30(A)(B) | 500 | 413 | ||||||
Description | Face Amount (000) | Value (000) | ||||||
Barings CLO Equity, Ser 2018-2 | ||||||||
0.000%, 04/15/30* (C) | $ | 1,000 | $ | 370 | ||||
Battalion CLO XVI Equity, Ser 2019-16A | ||||||||
0.000%, 12/19/32* (A)(B) (C) | 2,500 | 1,599 | ||||||
BlueMountain CLO, Ser 2018-3A, Cl E | ||||||||
10.768%, ICE LIBOR USD 3 Month + 5.950%, 10/25/30(A)(B) | 750 | 609 | ||||||
BlueMountain CLO Equity, Ser 2012-2A | ||||||||
0.000%, 11/20/28* (A)(B) (C) | 2,750 | 17 | ||||||
BlueMountain CLO Equity, Ser 2016-1A | ||||||||
0.000%, 04/20/27* (A)(B) (C) | 4,925 | 148 | ||||||
BlueMountain CLO XXII Equity, Ser 2018-22A | ||||||||
0.000%, 07/15/31* (A)(B) (C) | 3,500 | 1,400 | ||||||
BlueMountain CLO XXIII Equity, Ser 2018-23A | ||||||||
0.000%, 10/20/31* (A)(B) (C) | 6,500 | 2,888 | ||||||
BlueMountain Fuji US CLO II Equity, Ser 2017-2A | ||||||||
0.000%, 10/20/30* (A)(B) (C) | 1,500 | 435 | ||||||
BlueMountain Fuji US CLO III Equity, Ser 2017-3A | ||||||||
0.000%, 01/15/30* (A)(B) (C) | 2,475 | 943 | ||||||
Burnham Park CLO Equity, Ser 2016-1A | ||||||||
0.000%, 10/20/29* (A)(B) (C) | 16,576 | 4,310 | ||||||
Canyon CLO, Ser 2018-1A, Cl E | ||||||||
10.542%, ICE LIBOR USD 3 Month + 5.750%, 07/15/31(A)(B) | 500 | 391 | ||||||
Carlyle Global Market Strategies CLO, Ser 2013-3A, Cl DR | ||||||||
10.292%, ICE LIBOR USD 3 Month + 5.500%, 10/15/30(A)(B) | 400 | 328 | ||||||
Carlyle Global Market Strategies CLO, Ser 2014-1A, Cl ER | ||||||||
10.192%, ICE LIBOR USD 3 Month + 5.400%, 04/17/31(A)(B) | 3,400 | 2,703 |
CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND | PAGE 1
Schedule of Investments
February 28, 2023 (Unaudited)
City National Rochdale Strategic Credit Fund
Description | Face Amount (000) | Value (000) | ||||||
Carlyle Global Market Strategies CLO Equity, Ser 2014-1A, | ||||||||
0.000%, 04/17/31* (A)(B) (C) | $ | 500 | $ | 135 | ||||
Carlyle Global Market Strategies CLO Equity, Ser 2015-1A | ||||||||
0.000%, 07/20/31* (A)(B) (C) | 613 | 67 | ||||||
Carlyle Global Market Strategies CLO Equity, Ser 2021-5A | ||||||||
0.000%, 07/20/34*(B) (C) | 7,250 | 5,315 | ||||||
Carlyle US CLO, Ser 2017-1A, Cl D | ||||||||
10.808%, ICE LIBOR USD 3 Month + 6.000%, 04/20/31(A)(B) | 3,300 | 2,638 | ||||||
Carlyle US CLO Equity, Ser 2015-2A | ||||||||
0.000%, 04/27/27* (A)(B) (C) | 500 | — | ||||||
Carlyle US CLO Equity, Ser 2017-2A | ||||||||
0.000%, 07/20/31* (A)(B) (C) | 3,750 | 900 | ||||||
Carlyle US CLO Equity, Ser 2018-1A | ||||||||
0.000%, 04/20/31* (A)(B) (C) | 600 | 204 | ||||||
Crown Point CLO IV, Ser 2018-4A, Cl E | ||||||||
10.308%, ICE LIBOR USD 3 Month + 5.500%, 04/20/31(A)(B) | 1,000 | 770 | ||||||
Dryden 33 Senior Loan Fund Equity, Ser 2014-33A, Cl R | ||||||||
0.000%, 04/15/29* (A)(B) (C) | 7,100 | 7 | ||||||
Dryden 40 Senior Loan Fund, Ser 2018-40A, Cl FR | ||||||||
12.724%, ICE LIBOR USD 3 Month + 7.860%, 08/15/31(A)(B) | 500 | 384 | ||||||
Dryden 64 CLO, Ser 2018-64A, Cl E | ||||||||
10.395%, ICE LIBOR USD 3 Month + 5.600%, 04/18/31(A)(B) | 2,250 | 1,894 | ||||||
Dryden 75 CLO Equity, Ser 2019-75A | ||||||||
0.000%, 04/14/34* (A)(B) (C) | 500 | 360 | ||||||
Dryden 93 CLO Equity, Ser 2021-93A | ||||||||
0.000%, 01/15/34* (A)(B) (C) | 13,250 | 8,382 | ||||||
Description | Face Amount (000) | Value (000) | ||||||
Dryden 95 CLO Equity, Ser 2021-95A | ||||||||
0.000%, 08/20/34* (A)(B) (C) | $ | 2,000 | $ | 1,495 | ||||
Elmwood IX CLO Equity, Ser 2021-2A | ||||||||
0.000%, 07/20/34* (A)(B) (C) | 9,650 | 7,105 | ||||||
Elmwood Warehouse BOA 1 Equity, Ser 04/11/2022 | ||||||||
0.000%, 03/25/24* (C) | 1,100 | 1,287 | ||||||
Elmwood Warehouse BOA 1 Equity, Ser 05/18/2022 | ||||||||
0.000%, 03/25/24* (C) | 132 | 152 | ||||||
Elmwood Warehouse BOA 1 Equity, Ser 05/25/2022 | ||||||||
0.000%, 03/25/24* (C) | 968 | 1,110 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 06/22/2022 | ||||||||
0.000%, 03/25/24* (C) | 132 | 149 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 06/28/2022 | ||||||||
0.000%, 03/25/24* (C) | 132 | 149 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 06/30/2022 | ||||||||
0.000%, 03/25/24* (C) | 132 | 149 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 07/11/2022 | ||||||||
0.000%, 03/25/24* (C) | 440 | 498 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 07/18/2022 | ||||||||
0.000%, 03/25/24* (C) | 440 | 499 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 08/23/2022 | ||||||||
0.000%, 03/25/24* (C) | 220 | 243 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 09/27/2022 | ||||||||
0.000%, 03/25/24* (C) | 176 | 192 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 10/25/2022 | ||||||||
0.000%, 03/25/24* (C) | 176 | 189 | ||||||
Elmwood Warehouse BOA 3 Equity, Ser 11/16/2022 | ||||||||
0.000%, 03/25/24* (C) | 44 | 46 | ||||||
Flatiron CLO 18 Equity, Ser 2018-1A | ||||||||
0.000%, 04/17/31* (A)(B) (C) | 750 | 382 | ||||||
Flatiron RR CLO 22 Equity, Ser 2021-2A | ||||||||
0.000%, 10/15/34* (A)(B) (C) | 8,750 | 6,296 | ||||||
Flatiron Warehouse CLO 23 Equity, Ser 02/24/2022 | ||||||||
0.000%, 11/23/23* (C) | 2,579 | 2,906 | ||||||
Flatiron Warehouse CLO 23 Equity, Ser 07/13/2022 | ||||||||
0.000%, 11/23/23* (C) | 2,450 | 2,671 | ||||||
Flatiron Warehouse CLO 23 Equity, Ser 12/13/2021 | ||||||||
0.000%, 11/23/23* (C) | 2,450 | 2,788 | ||||||
CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND | PAGE 2
Schedule of Investments
February 28, 2023 (Unaudited)
City National Rochdale Strategic Credit Fund
Description | Face Amount (000) | Value (000) | ||||||
Galaxy XXIV CLO, Ser 2017-24A, Cl E | ||||||||
10.292%, ICE LIBOR USD 3 Month + 5.500%, 01/15/31(A)(B) | $ | 750 | $ | 665 | ||||
Greenwood Park CLO Equity, Ser 2018-1A | ||||||||
0.000%, 04/15/31* (A)(B) (C) | 12,075 | 4,347 | ||||||
Grippen Park CLO Equity, Ser 2017-1A | ||||||||
0.000%, 01/20/30* (A)(B) (C) | 500 | 120 | ||||||
Highbridge Loan Management, Ser 2014-3A, Cl DR | ||||||||
11.295%, ICE LIBOR USD 3 Month + 6.500%, 07/18/29(A)(B) | 700 | 586 | ||||||
Highbridge Loan Management, Ser 2014-4A, Cl CR | ||||||||
7.352%, ICE LIBOR USD 3 Month + 2.550%, 01/28/30(A)(B) | 1,000 | 886 | ||||||
Highbridge Loan Management, Ser 2014-4A, Cl DR | ||||||||
10.352%, ICE LIBOR USD 3 Month + 5.550%, 01/28/30(A)(B) | 788 | 665 | ||||||
Jamestown CLO II Equity, Ser 2013-2A | ||||||||
0.000%, 04/22/30* (A)(B) (C) | 750 | 135 | ||||||
KKR Financial CLO, Ser 2013-1A, Cl DR | ||||||||
10.872%, ICE LIBOR USD 3 Month + 6.080%, 04/15/29(A)(B) | 1,250 | 1,093 | ||||||
Magnetite VII, Ser 2012-7A, Cl ER2 | ||||||||
11.292%, ICE LIBOR USD 3 Month + 6.500%, 01/15/28(A)(B) | 2,000 | 1,717 | ||||||
Magnetite XVI Equity, Ser 2015-16A | ||||||||
0.000%, 01/18/28* (A)(B) (C) | 750 | 214 | ||||||
Morgan Stanley Eaton Vance CLO Equity, Ser 2021-1A | ||||||||
0.000%, 10/23/34* (A)(B) (C) | 12,000 | 8,428 | ||||||
Morgan Stanley Eaton Vance CLO Equity, Ser 2022-16A | ||||||||
0.000%, 04/15/35* (A)(B) (C) | 8,750 | 7,175 | ||||||
Neuberger Berman CLO Equity, Ser 2021-42A | ||||||||
0.000%, 07/16/35* (C) | 2,000 | 1,602 | ||||||
Description | Face Amount (000) | Value (000) | ||||||
Neuberger Berman Loan Advisers CLO 26 Equity, Ser 2017-26A, | ||||||||
0.000%, 10/18/30* (A)(B) (C) | $ | 800 | $ | 384 | ||||
Neuberger Berman Loan Advisers CLO 27, Ser 2018-27A, Cl E | ||||||||
9.992%, ICE LIBOR USD 3 Month + 5.200%, 01/15/30(A)(B) | 1,317 | 1,159 | ||||||
Neuberger Berman Loan Advisers CLO 27 Equity, Ser 2018-27A, | ||||||||
0.000%, 01/15/30* (A)(B) (C) | 500 | 245 | ||||||
Neuberger Berman Loan Advisers CLO 40 Equity, Ser 2021-40A | ||||||||
0.000%, 04/16/33* (A)(B) (C) | 500 | 319 | ||||||
Neuberger Berman Loan Advisers CLO 46 Equity, Ser 2021-46A | ||||||||
0.000%, 01/20/36* (A)(B) (C) | 9,250 | 6,674 | ||||||
Octagon 55 CLO Equity, Ser 2021-1A | ||||||||
0.000%, 07/20/34* (A)(B) (C) | 1,250 | 846 | ||||||
Octagon Investment Partners 26, Ser 2016-1A, Cl ER | ||||||||
10.192%, ICE LIBOR USD 3 Month + 5.400%, 07/15/30(A)(B) | 2,375 | 1,886 | ||||||
Octagon Investment Partners 30 Equity, Ser 2017-1A | ||||||||
0.000%, 03/17/30* (A)(B) (C) | 3,000 | 1,009 | ||||||
Octagon Investment Partners 31, Ser 2017-1A, Cl F | ||||||||
13.008%, ICE LIBOR USD 3 Month + 8.200%, 07/20/30(A)(B) | 700 | 555 | ||||||
Octagon Investment Partners 47 Equity, Ser 2020-1A | ||||||||
0.000%, 07/20/34* (A)(B) (C) | 2,000 | 1,289 | ||||||
Octagon Investment Partners CLO Equity, Ser 2018-1A | ||||||||
0.000%, 01/20/31* (A)(B) (C) | 2,250 | 765 | ||||||
Octagon Investment Partners XVII, Ser 2013-1A, Cl ER2 | ||||||||
9.968%, ICE LIBOR USD 3 Month + 5.150%, 01/25/31(A)(B) | 1,581 | 1,257 | ||||||
CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND | PAGE 3
Schedule of Investments
February 28, 2023 (Unaudited)
City National Rochdale Strategic Credit Fund
Description | Face Amount (000) | Value (000) | ||||||
Octagon Investment Partners XXII, Ser 2014-1A, Cl ERR | ||||||||
10.265%, ICE LIBOR USD 3 Month + 5.450%, 01/22/30(A)(B) | $ | 5,000 | $ | 4,152 | ||||
Palmer Square CLO, Ser 2018-2A, Cl D | ||||||||
10.430%, ICE LIBOR USD 3 Month + 5.600%, 07/16/31(A)(B) | 2,000 | 1,824 | ||||||
Race Point VIII CLO, Ser 2013-8A, Cl ER | ||||||||
11.765%, ICE LIBOR USD 3 Month + 6.850%, 02/20/30(A)(B) | 5,000 | 3,753 | ||||||
Regatta XI Funding, Ser 2018-1A, Cl E | ||||||||
10.292%, ICE LIBOR USD 3 Month + 5.500%, 07/17/31(A)(B) | 600 | 521 | ||||||
Regatta XI Funding Equity, Ser 2018-1A | ||||||||
0.000%, 07/17/31* (A)(B) (C) | 500 | 197 | ||||||
Rockford Tower CLO Equity, Ser 2018-1A | ||||||||
0.000%, 05/20/31* (A)(B) (C) | 2,500 | 1,025 | ||||||
Rockford Tower CLO Equity, Ser 2021-1A | ||||||||
0.000%, 07/20/34* (A)(B) (C) | 4,100 | 3,239 | ||||||
Rockford Tower CLO Equity, Ser 2021-2A | ||||||||
0.000%, 07/20/34* (A)(B) (C) | 4,750 | 3,566 | ||||||
RR 3, Ser 2018-3A, Cl DR2 | ||||||||
10.192%, ICE LIBOR USD 3 Month + 5.400%, 01/15/30(A)(B) | 1,046 | 878 | ||||||
RR 3 Equity, Ser 2018-3A | ||||||||
0.000%, 01/15/30* (C) | 3,750 | 921 | ||||||
RR 4, Ser 2018-4A, Cl D | ||||||||
10.642%, ICE LIBOR USD 3 Month + 5.850%, 04/15/30(A)(B) | 2,000 | 1,708 | ||||||
Shackleton CLO, Ser 2013-3A, Cl ER | ||||||||
10.672%, ICE LIBOR USD 3 Month + 5.880%, 07/15/30(A)(B) | 3,000 | 2,278 | ||||||
Shackleton CLO, Ser 2017-11A, Cl E | ||||||||
11.164%, ICE LIBOR USD 3 Month + 6.300%, 08/15/30(A)(B) | 1,500 | 1,101 | ||||||
Shackleton CLO Equity, Ser 2019-14A | ||||||||
0.000%, 07/20/34* (A)(B) (C) | 500 | 397 | ||||||
Description | Face Amount (000) | Value (000) | ||||||
Sound Point CLO III-R, Ser 2013-2RA, Cl E | ||||||||
10.792%, ICE LIBOR USD 3 Month + 6.000%, 04/15/29(A)(B) | $ | 2,050 | $ | 1,563 | ||||
Sound Point CLO IV-R Equity, Ser 2013-3RA | ||||||||
0.000%, 04/18/31* (A)(B) (C) | 3,750 | 187 | ||||||
Sound Point CLO VIII-R, Ser 2021-1RA, Cl R2D2 | ||||||||
9.942%, ICE LIBOR USD 3 Month + 5.150%, 04/15/30(A)(B) | 3,250 | 2,948 | ||||||
Sound Point CLO XIX, Ser 2018-1A, Cl E | ||||||||
10.442%, ICE LIBOR USD 3 Month + 5.650%, 04/15/31(A)(B) | 2,550 | 1,873 | ||||||
Sound Point CLO XIX Equity, Ser 2018-1A | ||||||||
0.000%, 04/15/31* (A)(B) (C) | 4,500 | 877 | ||||||
Sound Point CLO XVI, Ser 2017-2A, Cl E | ||||||||
10.918%, ICE LIBOR USD 3 Month + 6.100%, 07/25/30(A)(B) | 700 | 511 | ||||||
Sound Point CLO XVII, Ser 2017-3A, Cl D | ||||||||
11.308%, ICE LIBOR USD 3 Month + 6.500%, 10/20/30(A)(B) | 500 | 378 | ||||||
Sound Point CLO XVII Equity, Ser 2017-3A | ||||||||
0.000%, 10/20/30* (A)(B) (C) | 3,250 | 585 | ||||||
Sound Point CLO XVIII, Ser 2017-4A, Cl D | ||||||||
10.308%, ICE LIBOR USD 3 Month + 5.500%, 01/21/31(A)(B) | 3,000 | 2,120 | ||||||
Sound Point CLO XX, Ser 2018-2A, Cl D | ||||||||
7.822%, ICE LIBOR USD 3 Month + 3.000%, 07/26/31(A)(B) | 1,925 | 1,576 | ||||||
Sound Point CLO XX, Ser 2018-2A, Cl E | ||||||||
10.822%, ICE LIBOR USD 3 Month + 6.000%, 07/26/31(A)(B) | 3,000 | 2,042 | ||||||
Sound Point CLO XXI Equity, Ser 2018-3A | ||||||||
0.000%, 10/26/31* (A)(B) (C) | 1,000 | 180 | ||||||
Southwick Park CLO Equity, Ser 2019-4A | ||||||||
0.000%, 07/20/32* (A)(B) (C) | 2,000 | 1,370 | ||||||
CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND | PAGE 4
Schedule of Investments
February 28, 2023 (Unaudited)
City National Rochdale Strategic Credit Fund
Description | Face Amount (000) | Value (000) | ||||||
Steele Creek CLO, Ser 2016-1A, Cl ER | ||||||||
10.519%, ICE LIBOR USD 3 Month + 5.750%, 06/15/31(A)(B) | $ | 1,500 | $ | 1,098 | ||||
Steele Creek CLO, Ser 2017-1A, Cl E | ||||||||
10.992%, ICE LIBOR USD 3 Month + 6.200%, 10/15/30(A)(B) | 1,900 | 1,444 | ||||||
Steele Creek CLO, Ser 2018-1A, Cl E | ||||||||
10.542%, ICE LIBOR USD 3 Month + 5.750%, 04/15/31(A)(B) | 4,000 | 3,086 | ||||||
Steele Creek CLO Equity, Ser 2014-1RA | ||||||||
0.000%, 04/21/31* (A)(B) (C) | 21,168 | 2,913 | ||||||
Steele Creek CLO Equity, Ser 2017-1A | ||||||||
0.000%, 10/15/30* (A)(B) (C) | 2,500 | 600 | ||||||
Steele Creek CLO Equity, Ser 2018-2A | ||||||||
0.000%, 08/18/31* (A)(B) (C) | 2,500 | 747 | ||||||
Symphony CLO XXV Equity, Ser 2021-25A | ||||||||
0.000%, 04/19/34* (A)(B) (C) | 500 | 316 | ||||||
Symphony CLO XXVI Equity, Ser 2021-26A | ||||||||
0.000%, 04/20/33* (A)(B) (C) | 6,500 | 2,489 | ||||||
Tallman Park CLO Equity, Ser 2021-1A | ||||||||
0.000%, 04/20/34* (A)(B) (C) | 12,765 | 8,508 | ||||||
TCW CLO Equity, Ser 2021-1A | ||||||||
0.000%, 03/18/34* (A)(B) (C) | 1,500 | 959 | ||||||
THL Credit Wind River CLO, Ser 2018-1A, Cl E | ||||||||
10.292%, ICE LIBOR USD 3 Month + 5.500%, 07/15/30(A)(B) | 2,500 | 2,062 | ||||||
Trestles CLO II, Ser 2018-2A, Cl D | ||||||||
10.568%, ICE LIBOR USD 3 Month + 5.750%, 07/25/31(A)(B) | 1,750 | 1,484 | ||||||
Upland CLO Equity, Ser 2021-46A | ||||||||
0.000%, 04/20/31* (C) | 2,500 | 1,439 | ||||||
Voya CLO, Ser 2018-2A, Cl E | ||||||||
10.042%, ICE LIBOR USD 3 Month + 5.250%, 07/15/31(A)(B) | 875 | 707 | ||||||
Description | Face Amount (000)/Shares | Value (000) | ||||||
Wehle Park CLO Equity, Ser 2014-1RA | ||||||||
0.000%, 04/21/35* (C) | $ | 17,250 | $ | 13,483 | ||||
Wellfleet CLO, Ser 2017-1A, Cl D | ||||||||
10.858%, ICE LIBOR USD 3 Month + 6.050%, 04/20/29(A)(B) | 1,050 | 816 | ||||||
Wellfleet CLO, Ser 2018-2A, Cl D | ||||||||
10.878%, ICE LIBOR USD 3 Month + 6.070%, 10/20/31(A)(B) | 750 | 573 | ||||||
Wellfleet CLO, Ser 2019-1A, Cl ER3 | ||||||||
11.858%, ICE LIBOR USD 3 Month + 7.050%, 07/20/29(A)(B) | 1,000 | 783 | ||||||
Wellfleet CLO Equity, Ser 2020-2A | ||||||||
0.000%, 07/15/34* (C) | 5,000 | 3,065 | ||||||
York CLO 2 Equity, Ser 2015-1A | ||||||||
0.000%, 01/22/31* (A)(B) (C) | 750 | 276 | ||||||
Total Asset-Backed Securities | ||||||||
(Cost $290,105) | 228,263 | |||||||
Short-Term Investment [6.7%] | ||||||||
SEI Daily Income Trust Government Fund, Cl Institutional, 4.340%** | 16,595,072 | 16,595 | ||||||
Total Short-Term Investment | ||||||||
(Cost $16,595) | 16,595 | |||||||
Total Investments [99.3%] | ||||||||
(Cost $306,700) | $ | 244,858 |
Percentages are based on net assets of $246,644 (000).
* | Non-income producing security. |
** | The rate reported is the 7-day effective yield as of February 28, 2023. |
(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) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On February 28, 2023, the value of these securities amounted to $184,490 (000), representing 74.8% of the net assets of the Fund. |
(C) | Level 3 security in accordance with fair value hierarchy. |
CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND | PAGE 5
Schedule of Investments
February 28, 2023 (Unaudited)
City National Rochdale Strategic Credit Fund
BOA — Bank of America
Cl — Class
CLO — Collateralized Loan Obligation
ICE — Intercontinental Exchange
LIBOR — London Interbank Offered Rates
Ser — Series
USD — United States Dollar
CNR-QH-004-0900
CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND | PAGE 6