CRM Small Cap Value Fund NPORTP CRM All Cap Value Fund (Mar 2024 report)

CRM SMALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

Shares			Value
		COMMON STOCK — 96.4%
		Consumer Discretionary - 7.8%
		Apparel & Textile Products - 1.4%
	24,877	Steven Madden Ltd.¹	$	1,051,800

		Home Construction - 3.7%
	33,114	Skyline Champion Corporation¹		2,815,021

		Leisure Facilities & Services - 2.1%
	42,855	BJ's Restaurants, Inc.¹		1,550,494

		Retail - Discretionary - 0.6%
	23,961	Victoria's Secret & Company¹		464,364

		Total Consumer Discretionary		5,881,679

		Consumer Staples - 1.0%
		Food - 1.0%
	21,068	The Simply Good Foods Company¹		716,944

		Energy - 6.2%
		Oil & Gas Producers - 2.8%
	31,432	Matador Resources Company		2,098,715

		Oil & Gas Services & Equipment - 3.4%
	70,647	ChampionX Corporation		2,535,520

		Total Energy		4,634,235

		Financials - 22.3%
		Banking - 13.7%
	53,634	Cadence Bank		1,555,386
	289,893	Capitol Federal Financial, Inc.		1,727,762
	109,042	Central Pacific Financial Corporation¹		2,153,580
	25,369	First Interstate Bancsystem, Inc., Class A		690,290

CRM SMALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Banking - 13.7% (Continued)
	38,170	Hancock Whitney Corporation	$	1,757,347
	142,530	TFS Financial Corporation		1,790,177
	22,842	TrustCo Bank Corporation		643,231
				10,317,773
		Institutional Financial Services - 2.8%
	37,758	Moelis & Company, Class A		2,143,522

		Insurance - 3.3%
	67,861	Horace Mann Educators Corporation		2,510,178

		Specialty Finance - 2.5%
	29,158	Stewart Information Services Corporation		1,897,019

		Total Financials		16,868,492

		Health Care - 4.2%
		Medical Equipment & Devices - 4.2%
	84,395	BioLife Solutions, Inc.¹		1,565,527
	24,414	LeMaitre Vascular, Inc.		1,620,113
		Total Health Care		3,185,640

		Industrials - 25.8%
		Commercial Support Services - 4.7%
	8,371	Clean Harbors, Inc.¹		1,685,166
	35,368	Stericycle, Inc.¹		1,865,662
				3,550,828
		Electrical Equipment - 6.9%
	106,764	Hayward Holdings, Inc.¹		1,634,557
	24,175	Itron, Inc.¹		2,236,670
	10,753	SPX Technologies, Inc.¹		1,324,017
				5,195,244

CRM SMALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Engineering & Construction - 3.9%
	34,129	Arcosa, Inc.	$	2,930,316

		Industrial Support Services - 1.7%
	6,544	Applied Industrial Technologies, Inc.		1,292,767

		Machinery - 3.7%
	24,602	Cactus, Inc., Class A		1,232,314
	95,794	Mueller Water Products, Inc.		1,541,326
				2,773,640
		Transportation & Logistics - 4.9%
	50,990	Hub Group, Inc., Class A¹		2,203,788
	15,747	Kirby Corporation¹		1,501,004
				3,704,792
		Total Industrials		19,447,587

		Materials - 3.1%
		Chemicals - 3.1%
	100,586	Ecovyst, Inc.¹		1,121,534
	10,351	Rogers Corporation¹		1,228,560
		Total Materials		2,350,094

		Real Estate - 8.8%
		REIT - 8.8%
	80,574	COPT Defense Properties		1,947,474
	31,615	Terreno Realty Corporation		2,099,236
	110,285	Urban Edge Properties		1,904,622
	48,616	Xenia Hotels & Resorts, Inc.		729,726
		Total Real Estate		6,681,058

		Technology - 12.7%
		Software - 10.8%
	124,483	ACV Auctions, Inc.¹		2,336,546

CRM SMALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Concluded)

March 31, 2024 (Unaudited)

Shares			Value
		Software - 10.8% (Continued)
	19,932	Agilysys, Inc.¹	$	1,679,470
	52,176	Envestnet, Inc.¹		3,021,513
	32,431	Intapp, Inc.¹		1,112,383
				8,149,912
		Technology Hardware - 1.9%
	90,579	Knowles Corporation¹		1,458,322

		Total Technology		9,608,234

		Utilities - 4.5%
		Gas & Water Utilities - 4.5%
	10,180	Chesapeake Utilities Corporation		1,092,314
	30,840	Northwest Natural Holdings Company		1,147,865
	20,993	SJW Group¹		1,187,994
		Total Utilities		3,428,173

		TOTAL COMMON STOCK (Cost $59,107,292)		72,802,136

		SHORT-TERM INVESTMENTS — 3.1%
	1,168,492	Blackrock Liquidity Funds T-Fund, Institutional Shares, 5.19%²		1,168,492
	1,168,492	Federated Hermes Treasury Obligations Fund, Institutional Shares, 5.17%²		1,168,492
		TOTAL SHORT-TERM INVESTMENTS (Cost $2,336,984)		2,336,984

		TOTAL INVESTMENTS - 99.5% (Cost $61,444,276)	$	75,139,120
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.5%		392,781
		NET ASSETS - 100.0%	$	75,531,901

¹	Non-income producing security.
²	Rate disclosed is the seven day effective yield as of March 31, 2024.

CRM SMALL/MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

Shares			Value
		COMMON STOCK — 98.4%
		Consumer Discretionary - 11.7%
		Apparel & Textile Products - 1.5
	85,798	Steven Madden Ltd.¹	$	3,627,539

		Home & Office Products - 1.0%
	38,336	SharkNinja Inc¹		2,387,949

		Home Construction - 3.0%
	81,771	Skyline Champion Corporation¹		6,951,353

		Retail - Discretionary - 6.2%
	40,166	Burlington Stores, Inc.¹		9,326,145
	10,390	RH¹		3,618,421
	76,750	Victoria's Secret & Company¹		1,487,415
				14,431,981
		Total Consumer Discretionary		27,398,822

		Consumer Staples - 1.0%
		Food - 1.0%
	22,212	Lamb Weston Holdings, Inc.		2,366,244

		Energy - 5.3%
		Oil & Gas Producers - 2.5%
	89,378	Matador Resources Company		5,967,769

		Oil & Gas Services & Equipment - 2.8%
	180,128	ChampionX Corporation		6,464,794

		Total Energy		12,432,563

		Financials - 17.2%
		Banking - 7.0%
	170,701	Cadence Bank		4,950,329
	376,108	TFS Financial Corporation		4,723,916

CRM SMALL/MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Banking - 7.0% (Continued)
	132,952	Webster Financial Corporation	$	6,749,973
				16,424,218
		Institutional Financial Services - 4.4%
	20,467	Evercore Partners, Inc., Class A		3,941,740
	109,747	Moelis & Company, Class A		6,230,337
				10,172,077
		Insurance - 2.9%
	179,713	Horace Mann Educators Corporation		6,647,584

		Specialty Finance - 2.9%
	111,089	First American Financial Corporation		6,781,983

		Total Financials		40,025,862

		Health Care - 6.0%
		Biotechnology & Pharmaceuticals - 1.0%
	142,022	Elanco Animal Health, Inc.¹		2,312,118

		Medical Equipment & Devices - 5.0%
	235,743	BioLife Solutions, Inc.¹		4,373,033
	53,321	Bio-Techne Corporation		3,753,265
	52,616	LeMaitre Vascular, Inc.		3,491,598
				11,617,896
		Total Health Care		13,930,014

		Industrials - 22.8%
		Aerospace & Defense - 1.4%
	7,607	Teledyne Technologies, Inc.¹		3,265,837

		Commercial Support Services - 5.5%
	30,433	Clean Harbors, Inc.¹		6,126,467
	129,945	Stericycle, Inc.¹		6,854,599
				12,981,066

CRM SMALL/MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Electrical Equipment - 6.0%
	217,488	Hayward Holdings, Inc.¹	$	3,329,741
	77,636	Itron, Inc.¹		7,182,883
	77,806	Vontier Corporation¹		3,529,280
				14,041,904
		Engineering & Construction - 3.0%
	81,305	Arcosa, Inc.		6,980,847

		Machinery - 2.2%
	28,325	Regal Rexnord Corporation		5,101,333

		Transportation & Logistics - 4.7%
	144,139	Hub Group, Inc., Class A¹		6,229,688
	48,853	Kirby Corporation¹		4,656,668
				10,886,356
		Total Industrials		53,257,343

		Materials - 8.9%
		Chemicals - 4.0%
	95,078	Ashland, Inc.		9,257,745

		Construction Materials - 4.9%
	32,656	Advanced Drainage Systems, Inc.		5,624,669
	21,816	Eagle Materials, Inc.		5,928,498
				11,553,167
		Total Materials		20,810,912

		Real Estate - 8.4%
		REIT - 8.4%
	51,814	Sun Communities, Inc.		6,662,244
	121,792	Terreno Realty Corporation		8,086,989
	278,130	Urban Edge Properties		4,803,305
		Total Real Estate		19,552,538

CRM SMALL/MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Technology - 12.8%
		Software - 7.6%
	185,324	ACV Auctions, Inc.¹	$	3,478,531
	79,951	Envestnet, Inc.¹		4,629,962
	22,150	PTC, Inc.¹		4,185,021
	110,650	Tenable Holdings, Inc.¹		5,469,430
				17,762,944
		Technology Hardware - 1.9%
	88,295	Ciena Corporation¹		4,366,188

		Technology Services – 3.4%
	403,171	Clarivate PLC^1,2,3		2,995,561
	15,608	Morningstar, Inc.		4,813,039
				7,808,600

		Total Technology		29,937,732

		Utilities - 4.3%
		Gas & Water Utilities - 4.3%
	37,856	Atmos Energy Corporation		4,499,943
	197,111	Nisource, Inc.		5,452,090
		Total Utilities		9,952,033

		TOTAL COMMON STOCK (Cost $175,172,719)		229,664,063

		SHORT-TERM INVESTMENTS — 1.8%
	2,066,310	Blackrock Liquidity Funds T-Fund, Institutional Shares, 5.19%⁴		2,066,310
	2,066,310	Federated Hermes Treasury Obligations Fund, Institutional Shares, 5.17%⁴		2,066,310
		TOTAL SHORT-TERM INVESTMENTS (Cost $4,132,620)		4,132,620

		TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS HELD AS COLLATERAL FOR LOANED SECURITIES - 100.2% (Cost $179,305,339)		233,796,683

CRM SMALL/MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Concluded)

March 31, 2024 (Unaudited)

Shares			Value
		SHORT-TERM INVESTMENTS HELD AS COLLATERAL FOR LOANED SECURITIES — 0.8%
		REPURCHASE AGREEMENTS — 0.8%
	805,287	With Credit Agricole Corporate & Investment Bank SA: at 5.32%, dated 3/28/24, to be repurchased on 4/1/24, repurchase price $805,763 (collateralized by US Treasury Securities, par values ranging from $87,713 - $171,708, coupon rates ranging from 0.38% to 4.50%, 4/30/25 - 5/15/32; total market value $821,393)	$	805,287
	1,000,000	With HSBC Securities USA, Inc.: at 5.32%, dated 3/28/24, to be repurchased on 4/1/24, repurchase price $1,000,591 (collateralized by US Treasury Securities, par values ranging from $21,999 - $575,002, coupon rates ranging from 0.63% to 4.00%, 2/15/25 - 2/15/48; total market value $1,020,000)		1,000,000
		TOTAL SHORT-TERM INVESTMENTS HELD AS COLLATERAL FOR LOANED SECURITIES (Cost $1,805,287)		1,805,287

		TOTAL INVESTMENTS - 101.0% (Cost $181,110,626)	$	235,601,970	⁵
		LIABILITIES IN EXCESS OF OTHER ASSETS - (1.0)%		(2,275,245	)
		NET ASSETS - 100.0%	$	233,326,725

¹	Non-income producing security.
²	PLC – Public Limited Company
³	Security partially or fully on loan.
⁴	Rate disclosed is the seven day effective yield as of March 31, 2024.
⁵	At March 31, 2024, the market value of securities on loan for CRM Small/Mid Cap Value Fund was $1,745,901. In the event that the collateral received is insufficient to cover the value of the loaned securities and provided such collateral shortfall is not the result of investment losses, the Fund’s securities lending agent, The Bank of New York Mellon, has agreed to pay the amount of the shortfall to the Fund, or at its discretion, replace the loaned securities.

CRM MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

Shares			Value
		COMMON STOCK — 97.1%
		Consumer Discretionary - 7.7%
		Apparel & Textile Products - 1.4%
	131,572	Steven Madden Ltd.¹	$	5,562,864

		Home & Office Products - 2.2%
	143,909	SharkNinja, Inc¹		8,964,092

		Retail - Discretionary - 4.1%
	46,773	Burlington Stores, Inc.¹		10,860,223
	129,607	Valvoline, Inc.		5,776,584
				16,636,807

		Total Consumer Discretionary		31,163,763

		Energy - 6.2%
		Oil & Gas Producers - 3.2%
	317,584	Marathon Oil Corporation		9,000,331
	56,216	Matador Resources Company		3,753,542
				12,753,873
		Oil & Gas Services & Equipment - 3.0%
	338,161	ChampionX Corporation		12,136,598

		Total Energy		24,890,471

		Financials - 8.9%
		Banking - 5.1%
	214,047	Cadence Bank		6,207,363
	211,216	Truist Financial Corporation		8,233,200
	117,755	Webster Financial Corporation		5,978,421
				20,418,984
		Insurance - 2.3%
	54,695	Allstate Corporation		9,462,782

CRM MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Specialty Finance - 1.5%
	96,228	First American Financial Corporation	$	5,874,719

		Total Financials		35,756,485

		Health Care - 2.2%
		Medical Equipment & Devices - 2.2%
	123,903	Bio-Techne Corporation		8,721,532

		Industrials - 24.9%
		Aerospace & Defense - 5.2%
	21,316	Teledyne Technologies, Inc.¹		9,151,385
	77,785	Woodward, Inc.		11,988,224
				21,139,609
		Commercial Support Services - 2.1%
	158,063	Stericycle, Inc.¹		8,337,823

		Electrical Equipment - 7.4%
	59,321	AMETEK, Inc.		10,849,811
	418,904	Vontier Corporation¹		19,001,486
				29,851,297
		Industrial Support Services - 2.0%
	40,012	Applied Industrial Technologies, Inc.		7,904,371

		Machinery - 5.3%
	64,624	Regal Rexnord Corporation		11,638,783
	75,060	Xylem, Inc.		9,700,754
				21,339,537
		Transportation & Logistics - 2.9%
	134,635	Canadian Pacific Kansas City Ltd.		11,870,768

		Total Industrials		100,443,405

CRM MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Materials - 16.9%
		Chemicals - 9.2%
	110,319	Ashland, Inc.	$	10,741,762
	46,561	Avery Dennison Corporation		10,394,743
	153,965	Corteva, Inc.		8,879,162
	58,772	RPM International, Inc.		6,990,929
				37,006,596
		Construction Materials - 7.7%
	59,786	Advanced Drainage Systems, Inc.		10,297,541
	127,368	CRH PLC²		10,986,763
	16,351	Martin Marietta Materials, Inc.		10,038,533
				31,322,837
		Total Materials		68,329,433

		Real Estate - 7.9%
		Real Estate Services - 2.5%
	105,481	CBRE Group, Inc., Class A¹		10,256,972

		REIT - 5.4%
	73,898	Sun Communities, Inc.		9,501,805
	182,168	Terreno Realty Corporation		12,095,955
				21,597,760
		Total Real Estate		31,854,732

		Technology - 17.4%
		Semiconductors - 1.2%
	56,005	Microchip Technology, Inc.		5,024,209

		Software – 6.2%
	497,069	CCC Intelligent Solutions Holdings, Inc.¹		5,944,945
	49,963	PTC, Inc.¹		9,440,009
	194,231	Tenable Holdings, Inc.¹		9,600,838
				24,985,792

CRM MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Technology Hardware - 2.0%
	164,084	Ciena Corporation¹	$	8,113,954

		Technology Services – 8.1%
	1,156,512	Clarivate PLC^1,2,3		8,592,884
	210,878	Fidelity National Information Services, Inc.		15,642,931
	25,858	Morningstar, Inc.		7,973,831
				32,209,646
		Total Technology		70,333,601

		Utilities - 5.0%
		Gas & Water Utilities - 5.0%
	78,567	Atmos Energy Corporation		9,339,259
	387,173	Nisource, Inc.		10,709,205
		Total Utilities		20,048,464

		TOTAL COMMON STOCK (Cost $275,353,176)		391,541,886

		SHORT-TERM INVESTMENTS — 2.9%
	5,834,628	Blackrock Liquidity Funds T-Fund, Institutional Shares, 5.19%⁴		5,834,628
	5,834,629	Federated Hermes Treasury Obligations Fund, Institutional Shares, 5.17%⁴		5,834,629
		TOTAL SHORT-TERM INVESTMENTS (Cost $11,669,257)		11,669,257

		TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS HELD AS COLLATERAL FOR LOANED SECURITIES - 100.0% (Cost $287,022,433)		403,211,143

CRM MID CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Concluded)

March 31, 2024 (Unaudited)

Shares			Value
		SHORT-TERM INVESTMENTS HELD AS COLLATERAL FOR LOANED SECURITIES— 0.3%
		REPURCHASE AGREEMENTS — 0.3%
	250,578	With Credit Agricole Corporate & Investment Bank SA: at 5.32%, dated 3/28/24, to be repurchased on 4/1/24, repurchase price $250,726 (collateralized by US Treasury Securities, par values ranging from $27,293 - $53,430, coupon rates ranging from 0.38% to 4.50%, 4/30/25 - 5/15/32; total market value $255,590)	$	250,578
	1,000,000	With HSBC Securities USA, Inc.: at 5.32%, dated 3/28/24, to be repurchased on 4/1/24, repurchase price $1,000,591 (collateralized by US Treasury Securities, par values ranging from $21,999 - $575,002, coupon rates ranging from 0.63% to 4.00%, 2/15/25 - 2/15/48; total market value $1,020,000)		1,000,000
		TOTAL SHORT-TERM INVESTMENT HELD AS COLLATERAL FOR LOANED SECURITIES (Cost $1,250,578)		1,250,578

		TOTAL INVESTMENTS - 100.3% (Cost $288,273,011)	$	404,461,721	⁵
		LIABILITIES IN EXCESS OF OTHER ASSETS - (0.3)%		(1,230,042	)
		NET ASSETS - 100.0%	$	403,231,679

¹	Non-income producing security.
²	PLC- Public Limited Company
³	Security Partially or fully on loan.
⁴	Rate disclosed is the seven day effective yield as of March 31, 2024.
⁵	At March 31, 2024, the market value of securities on loan for CRM Mid Cap Value Fund was $1,191,616. In the event that the collateral received is insufficient to cover the value of the loaned securities and provided such collateral shortfall is not the result of investment losses, the Fund’s securities lending agent, The Bank of New York Mellon, has agreed to pay the amount of the shortfall to the Fund, or at its discretion, replace the loaned securities.

CRM ALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

Shares				Value
		COMMON STOCK — 97.0%
		Consumer Discretionary - 9.2%
		Apparel & Textile Products - 1.4%
	8,042	Steven Madden Ltd.¹	$	340,016

		Home & Office Products - 2.2%
	8,777	SharkNinja, Inc.¹		546,719

		Home Construction - 1.4%
	4,158	Skyline Champion Corporation¹		353,472

		Retail - Discretionary - 4.2%
	2,847	Burlington Stores, Inc.¹		661,045
	7,909	Valvoline, Inc.		352,504
				1,013,549

		Total Consumer Discretionary		2,253,756

		Consumer Staples - 2.1%
		Household Products - 2.1%
	3,268	Estee Lauder Companies, Inc. (The), Class A		503,762

		Energy - 6.6%
		Oil & Gas Producers - 3.6%
	30,764	Marathon Oil Corporation		871,852

		Oil & Gas Services & Equipment - 3.0%
	20,647	ChampionX Corporation		741,021

		Total Energy		1,612,873

		Financials - 15.5%
		Asset Management - 2.9%
	9,688	Charles Schwab Corporation (The)		700,830

CRM ALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares				Value
		Banking - 6.7%
	8,302	Citigroup, Inc.	$	525,018
	16,295	Truist Financial Corporation		635,180
	9,329	Webster Financial Corporation		473,633
				1,633,831
		Institutional Financial Services - 3.5%
	6,724	Moelis & Company, Class A		381,721
	5,039	Morgan Stanley		474,473
				856,194
		Insurance - 2.4%
	3,331	Allstate Corporation		576,296

		Total Financials		3,767,151

		Health Care - 8.0%
		Medical Equipment & Devices - 8.0%
	20,063	BioLife Solutions, Inc.¹		372,169
	7,275	Bio-Techne Corporation		512,087
	2,434	Danaher Corporation		607,818
	6,802	LeMaitre Vascular, Inc.		451,381
		Total Health Care		1,943,455

		Industrials - 12.0%
		Aerospace & Defense - 2.6%
	4,111	Woodward, Inc.		633,587

		Machinery - 3.5%
	2,379	Crane Company¹		321,474
	4,243	Xylem, Inc.		548,366
				869,840
		Transportation & Logistics - 5.9%
	6,576	Canadian Pacific Kansas City Ltd.		579,806
	8,945	Kirby Corporation¹		852,637
				1,432,443
		Total Industrials		2,935,870

CRM ALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares				Value
		Materials - 12.0%
		Chemicals - 6.5%
	6,139	Ashland, Inc.	$	597,754
	2,270	Avery Dennison Corporation		506,778
	8,335	Corteva, Inc.		480,679
				1,585,211
		Construction Materials - 5.5%
	4,180	Advanced Drainage Systems, Inc.		719,963
	7,153	CRH PLC^1,2		617,018
				1,336,981
		Total Materials		2,922,192

		Real Estate - 7.4%
		Real Estate Services - 1.6%
	3,939	CBRE Group, Inc., Class A¹		383,028

		REIT - 5.8%
	5,389	Sun Communities, Inc.		692,918
	11,108	Terreno Realty Corporation		737,571
				1,430,489
		Total Real Estate		1,813,517

		Technology - 22.1%
		Semiconductors - 3.4%
	12,059	Intel Corporation		532,646
	3,409	Microchip Technology, Inc.		305,821
				838,467
		Software – 10.1%
	32,465	ACV Auctions, Inc.¹		609,368
	30,258	CCC Intelligent Solutions Holdings, Inc.¹		361,886
	9,780	Intapp, Inc.¹		335,454

CRM ALL CAP VALUE FUND

SCHEDULE OF INVESTMENTS (Concluded)

March 31, 2024 (Unaudited)

Shares				Value
		Software – 10.1% (Continued)
	3,058	PTC, Inc.¹	$	577,779
	11,856	Tenable Holdings, Inc.¹		586,042
				2,470,529
		Technology Hardware - 2.0%
	10,054	Ciena Corporation¹		497,170

		Technology Services – 6.6%
	90,007	Clarivate PLC^1,2		668,752
	12,504	Fidelity National Information Services, Inc.		927,547
				1,596,299

		Total Technology		5,402,465

		Utilities - 2.1%
		Electric Utilities - 2.1%
	8,003	NextEra Energy, Inc.		511,472

		TOTAL COMMON STOCK (Cost $18,526,751)		23,666,513

		SHORT-TERM INVESTMENTS — 3.0%
	365,298	Blackrock Liquidity Funds T-Fund, Institutional Shares, 5.19%³		365,298
	365,298	Federated Hermes Treasury Obligations Fund, Institutional Shares, 5.17%³		365,298
		TOTAL SHORT-TERM INVESTMENTS (Cost $730,596)		730,596

		TOTAL INVESTMENTS - 100.0% (Cost $19,257,347)	$	24,397,109
		OTHER ASSETS IN EXCESS OF LIABILITIES - 0.0%⁴		11,996
		NET ASSETS - 100.0%	$	24,409,105

¹	Non-income producing security.
²	PLC – Public Limited Company
³	Rate disclosed is the seven day effective yield as of March 31, 2024.
⁴	Amount represents less than 0.05%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS

March 31, 2024 (Unaudited)

Shares			Value
		COMMON STOCK — 94.9%
		Communications - 2.6%
		Internet Media & Services - 2.6%
	9,090	Meta Platforms, Inc., Class A¹	$	4,413,922

		Consumer Discretionary - 14.0%
		Apparel & Textile Products - 1.8%
	73,216	Steven Madden Ltd.¹		3,095,572

		Home & Office Products - 1.6%
	44,626	SharkNinja, Inc.¹		2,779,754

		Home Construction - 3.6%
	72,944	Skyline Champion Corporation¹		6,200,970

		Leisure Facilities & Services - 1.4%
	64,294	BJ's Restaurants, Inc.¹		2,326,157

		Retail - Discretionary - 5.6%
	27,471	Burlington Stores, Inc.¹		6,378,491
	5,606	RH¹		1,952,346
	57,655	Victoria's Secret & Company¹		1,117,354
				9,448,191
		Total Consumer Discretionary		23,850,644

		Consumer Staples - 3.6%
		Beverages - 2.6%
	1,917,688	Becle SAB de CV		4,521,924

		Household Products - 1.0%
	10,783	Estee Lauder Companies, Inc. (The), Class A		1,662,199

		Total Consumer Staples		6,184,123

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Energy - 3.3%
		Oil & Gas Producers - 3.3%
	90,685	Marathon Oil Corporation	$	2,570,013
	46,802	Matador Resources Company		3,124,969
		Total Energy		5,694,982

		Financials - 7.1%
		Institutional Financial Services - 2.3%
	20,400	Evercore Partners, Inc., Class A		3,928,836

		Insurance – 2.3%
	22,050	Allstate Corporation		3,814,870

		Specialty Finance - 2.5%
	70,334	First American Financial Corporation		4,293,891

		Total Financials		12,037,597

		Health Care - 3.6%
		Biotechnology & Pharmaceuticals - 1.0%
	104,924	Elanco Animal Health, Inc.¹		1,708,163

		Medical Equipment & Devices - 2.6%
	17,502	Danaher Corporation		4,370,599

		Total Health Care		6,078,762

		Industrials - 31.9%
		Aerospace & Defense - 2.2%
	24,134	Woodward, Inc.		3,719,532

		Commercial Support Services - 3.2%
	27,108	Clean Harbors, Inc.¹		5,457,111

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Diversified Industrials - 1.6%
	15,657	General Electric Company	$	2,748,273

		Electrical Equipment - 7.6%
	268,376	Hayward Holdings, Inc.¹		4,108,837
	52,609	Itron, Inc.¹		4,867,384
	87,613	Vontier Corporation¹		3,974,126
				12,950,347
		Engineering & Construction - 5.5%
	109,332	Arcosa, Inc.		9,387,246

		Machinery - 2.1%
	27,249	Xylem, Inc.		3,521,661

		Transportation & Logistics - 9.7%
	80,509	Canadian Pacific Kansas City Ltd.		7,098,480
	63,843	Hub Group, Inc., Class A¹		2,759,294
	36,179	Kirby Corporation¹		3,448,583
	12,911	Union Pacific Corporation		3,175,202
				16,481,559
		Total Industrials		54,265,729

		Materials - 7.4%
		Chemicals - 4.0%
	37,490	Ashland, Inc.		3,650,402
	13,909	Avery Dennison Corporation		3,105,184
				6,755,586
		Construction Materials - 3.4%
	18,994	Advanced Drainage Systems, Inc.		3,271,527
	4,143	Martin Marietta Materials, Inc.		2,543,553
				5,815,080
		Total Materials		12,570,666

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares			Value
		Real Estate - 2.7%
		REIT - 2.7%
	16,954	Digital Realty Trust, Inc.	$	2,442,054
	16,699	Sun Communities, Inc.		2,147,157
		Total Real Estate		4,589,211

		Technology - 14.0%
		Semiconductors - 2.5%
	628	Astera Labs, Inc.¹		46,591
	25,284	QUALCOMM, Inc.		4,280,581
				4,327,172
		Software – 6.9%
	166,744	ACV Auctions, Inc.¹		3,129,785
	81,818	Jamf Holding Corporation¹		1,501,360
	23,493	PTC, Inc.¹		4,438,768
	6,355	Tyler Technologies, Inc.¹		2,700,939
				11,770,852
		Technology Services - 4.6%
	58,362	Fidelity National Information Services, Inc.		4,329,293
	7,066	MasterCard, Inc., Class A		3,402,774
				7,732,067
		Total Technology		23,830,091

		Utilities - 4.7%
		Electric Utilities - 2.8%
	73,150	NextEra Energy, Inc.		4,675,016

		Gas & Water Utilities - 1.9%
	27,824	Atmos Energy Corporation		3,307,439

		Total Utilities		7,982,455

		TOTAL COMMON STOCK (Cost $121,149,013)		161,498,182

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares				Value
			EXCHANGE-TRADED FUND — 2.3%
			EQUITY - 2.3%
	42,151		SPDR S&P Biotech ETF^2,3(Cost $3,671,477)		3,999,708

			SHORT-TERM INVESTMENTS — 6.9%
	5,829,748		Blackrock Liquidity Funds T-Fund, Institutional Shares, 5.19%⁴		5,829,748
	5,829,748		Federated Hermes Treasury Obligations Fund, Institutional Shares, 5.17%⁴		5,829,748
			TOTAL SHORT-TERM INVESTMENTS (Cost $11,659,496)		11,659,496

			TOTAL INVESTMENTS IN SECURITIES - 104.1% (Cost $136,479,986)		177,157,386

			COMMON STOCK SOLD SHORT — (36.8)%
			Communications - (1.7)%
			Advertising & Marketing - (0.9)%
	(14,930	)	Omnicom Group, Inc.		(1,444,627	)

			Entertainment Content - (0.1)%
	(19,621	)	Paramount Global, Class B		(230,939	)

			Telecommunications - (0.7)%
	(65,422	)	AT&T, Inc.		(1,151,427	)

			Total Communications		(2,826,993	)

			Consumer Discretionary - (6.0)%
			Consumer Services - (1.7)%
	(159,488	)	Perdoceo Education Corporation		(2,800,609	)

			Leisure Facilities & Services - (1.5)%
	(19,184	)	Dutch Bros, Inc.		(633,072	)
	(12,037	)	Hyatt Hotels Corporation, Class A		(1,921,346	)
					(2,554,418	)

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares				Value
			Retail - Discretionary - (2.8)%
	(6,175	)	Abercrombie & Fitch Company, Class A	$	(773,913	)
	(36,046	)	Bath & Body Works, Inc.		(1,803,021	)
	(11,809	)	Caleres, Inc.		(484,523	)
	(74,562	)	EVgo, Inc.		(187,151	)
	(21,996	)	Kohl's Corporation		(641,183	)
	(20,878	)	Lovesac Company (The)		(471,843	)
	(2,820	)	Pandora A/S		(454,558	)
					(4,816,192	)
			Total Consumer Discretionary		(10,171,219	)

			Consumer Staples - (3.6)%
			Food - (0.4)%
	(37,870	)	WK Kellogg Company		(711,956	)

			Retail - Consumer Staples - (3.2)%
	(43,069	)	Kroger Company (The)		(2,460,532	)
	(45,332	)	Sprouts Farmers Market, Inc.		(2,923,007	)
					(5,383,539	)
			Total Consumer Staples		(6,095,495	)

			Energy - (1.2)%
			Renewable Energy - (1.2)%
	(13,258	)	EnerSys		(1,252,350	)
	(45,961	)	Fluence Energy, Inc.		(796,964	)
			Total Energy		(2,049,314	)

			Financials - (2.4)%
			Banking - (0.7)%
	(26,940	)	Bank OZK		(1,224,692	)

			Insurance - (0.5)%
	(30,641	)	Trupanion, Inc.		(845,998	)

			Specialty Finance - (1.2)%
	(53,651	)	Arbor Realty Trust, Inc.		(710,876	)

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares				Value
			Specialty Finance - (1.2)% (Continued)
	(22,324	)	Blackstone Mortgage Trust, Inc., Class A	$	(444,471	)
	(1,590	)	Credit Acceptance Corporation		(876,965	)
					(2,032,312	)
			Total Financials		(4,103,002	)

			Health Care - (1.2)%
			Health Care Facilities & Services - (0.5)%
	(7,245	)	Ensign Group, Inc. (The)		(901,423	)

			Medical Equipment & Devices - (0.7)%
	(3,435	)	Bio-Rad Laboratories, Inc., Class A		(1,188,063	)

			Total Health Care		(2,089,486	)

			Industrials - (13.6)%
			Aerospace & Defense - (0.8)%
	(30,776	)	Bombardier, Inc.		(1,321,322	)

			Diversified Industrials - (0.6)%
	(12,645	)	Pentair PLC⁵		(1,080,389	)

			Electrical Equipment - (5.5)%
	(10,675	)	Acuity Brands, Inc.		(2,868,693	)
	(11,055	)	Advanced Energy Industries, Inc.		(1,127,389	)
	(20,412	)	Blink Charging Company		(61,440	)
	(93,958	)	Bloom Energy Corporation, Class A		(1,056,088	)
	(27,119	)	Carrier Global Corporation		(1,576,427	)
	(84,861	)	ChargePoint Holdings, Inc.		(161,236	)
	(9,627	)	Generac Holdings, Inc.		(1,214,350	)
	(43,676	)	Signify		(1,346,559	)
					(9,412,182	)

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Shares				Value
			Industrial Intermediate Products - (2.0)%
	(82,132	)	Hillman Solutions Corporation	$	(873,884	)
	(32,160	)	Mueller Industries, Inc.		(1,734,389	)
	(3,571	)	Valmont Industries, Inc.		(815,188	)
					(3,423,461	)
			Industrial Support Services - (1.9)%
	(79,256	)	Resideo Technologies, Inc.		(1,776,919	)
	(2,054	)	United Rentals, Inc.		(1,481,160	)
					(3,258,079	)
			Machinery - (1.8)%
	(15,537	)	Franklin Electric Company, Inc.		(1,659,507	)
	(11,253	)	Oshkosh Corporation		(1,403,362	)
					(3,062,869	)
			Transportation & Logistics - (1.0)%
	(7,674	)	Old Dominion Freight Line, Inc.		(1,682,985	)

			Total Industrials		(23,241,287	)

			Materials - (0.6)%
			Metals & Mining - (0.6)%
	(3,875	)	Encore Wire Corporation		(1,018,273	)

			Real Estate - (0.4)%
			Real Estate Services - (0.4)%
	(58,091	)	eXp World Holdings, Inc.		(600,080	)

			Technology - (5.7)%
			Semiconductors - (1.3)%
	(7,354	)	Axcelis Technologies, Inc.		(820,118	)
	(26,571	)	Kulicke & Soffa Industries, Inc.		(1,336,787	)
					(2,156,905	)
			Software - (1.9)%
	(63,501	)	Evolent Health, Inc., Class A		(2,082,198	)
	(7,451	)	Qualys, Inc.		(1,243,348	)
					(3,325,546	)

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Concluded)

March 31, 2024 (Unaudited)

Shares				Value
			Technology Hardware - (0.9)%
	(30,163	)	Cisco Systems, Inc.	$	(1,505,435	)

			Technology Services - (1.6)%
	(49,179	)	DXC Technology Company		(1,043,087	)
	(8,803	)	International Business Machines Corporation		(1,681,021	)
					(2,724,108	)
			Total Technology		(9,711,994	)

			COMMON STOCKS SOLD SHORT — (36.8)% (Continued)
			Utilities - (0.4)%
			Electric Utilities - (0.4)%
	(21,116	)	Avangrid, Inc.		(769,467	)

			TOTAL COMMON STOCK SOLD SHORT - (Proceeds - $58,585,361)		(62,676,610	)

			ASSETS IN EXCESS OF OTHER LIABILITIES - 32.7%		55,725,186
			NET ASSETS - 100.0%	$	170,205,962

¹	Non-income producing security.
²	SPDR - Standard & Poor's Depositary Receipt
³	ETF - Exchange-Traded Fund
⁴	Rate disclosed is the seven day effective yield as of March 31, 2024.
⁵	PLC – Public Limited Company

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

OTC Total return swap agreements outstanding at March 31, 2024:

Counterparty	Financing Rate⁽¹⁾	Termination Date	Long (Short) Notional Amount⁽²⁾			Reference Entity	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)
Morgan Stanley	5.98% (Fed Funds Rate + 0.65%)	3/25/2025	$	2,251,633		Eagle Materials, Inc.	$	2,116,547		$	-	$	2,116,547
Morgan Stanley	5.98% (Fed Funds Rate + 0.65%)	3/25/2025		5,810,715		Microsoft Corporation		697,255			-		697,255
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(764,725	)	Morgan Stanley Custom Swap (MSCMS994) Index⁽³⁾		(27,261	)		-		(27,261	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(765,247	)	Morgan Stanley Custom Swap (MSCMS995) Index(3)		(17,373	)		-		(17,373	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(780,225	)	Morgan Stanley Custom Swap (MSCMS996) Index⁽³⁾		4,626			-		4,626
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(776,079	)	Morgan Stanley Custom Swap (MSCMS997) Index⁽³⁾		(22,218	)		-		(22,218	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(774,895	)	Morgan Stanley Custom Swap (MSCMS998) Index⁽³⁾		(4,405	)		-		(4,405	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(770,737	)	Morgan Stanley Custom Swap (MSCMS999) Index⁽³⁾		(1,099	)		-		(1,099	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(766,607	)	Morgan Stanley Custom Swap (MSCM1000) Index⁽³⁾		(12,492	)		-		(12,492	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(766,450	)	Morgan Stanley Custom Swap (MSCM1001) Index⁽³⁾		(12,192	)		-		(12,192	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(763,725	)	Morgan Stanley Custom Swap (MSCM1002) Index⁽³⁾		1,322			-		1,322
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(769,003	)	Morgan Stanley Custom Swap (MSCM1003) Index⁽³⁾		(19,066	)		-		(19,066	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(760,560	)	Morgan Stanley Custom Swap (MSCM1004) Index⁽³⁾		(28,431	)		-		(28,431	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(768,182	)	Morgan Stanley Custom Swap (MSCM1005) Index⁽³⁾		(17,198	)		-		(17,198	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(764,382	)	Morgan Stanley Custom Swap (MSCM1006) Index⁽³⁾		(44,162	)		-		(44,162	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(773,930	)	Morgan Stanley Custom Swap (MSCM1007) Index⁽³⁾		(13,335	)		-		(13,335	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(778,301	)	Morgan Stanley Custom Swap (MSCM1008) Index⁽³⁾		(4,266	)		-		(4,266	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(781,316	)	Morgan Stanley Custom Swap (MSCM1009) Index⁽³⁾		(9,543	)		-		(9,543	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(776,808	)	Morgan Stanley Custom Swap (MSCM1010) Index⁽³⁾		(10,641	)		-		(10,641	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(777,979	)	Morgan Stanley Custom Swap (MSCM1011) Index⁽³⁾		(11,908	)		-		(11,908	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(776,585	)	Morgan Stanley Custom Swap (MSCM1012) Index⁽³⁾		(11,158	)		-		(11,158	)
Morgan Stanley	4.88% (Fed Funds Rate - 0.45%)	7/31/2024		(781,371	)	Morgan Stanley Custom Swap (MSCM1013) Index⁽³⁾		503			-		503
Total Unrealized Appreciation												$	2,820,253
Total Unrealized (Depreciation)												$	(266,748	)
Total							$	2,553,505		$	-	$	2,553,505

⁽¹⁾	Paid monthly.
⁽²⁾	Morgan Stanley acts as the counterparty to the total return swap contracts listed above. The Fund either receives fees from, or pays fees to, the counterparty, depending upon the total return of the benchmark, and the agreed -upon floating rate financing rate.
⁽³⁾	See the tables below for the swap constituents.

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCMS994) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Target Corporation		77	$	13,649		1.72	%
Kroger Company (The)		237		13,564		1.71	%
PACCAR, Inc.		106		13,159		1.66	%
General Motors Company		287		13,035		1.65	%
Caterpillar, Inc.		35		12,924		1.63	%
Cummins, Inc.		44		12,920		1.63	%
Constellation Brands, Inc.		47		12,880		1.63	%
Cintas Corporation		19		12,873		1.63	%
Progress Software Corporation		62		12,851		1.62	%
Hubbell, Inc.		31		12,842		1.62	%
General Mills, Inc.		184		12,841		1.62	%
Allstate Corporation (The)		74		12,775		1.61	%
Capital One Financial Corporation		86		12,744		1.61	%
Eaton Corporation PLC		41		12,744		1.61	%
Motorola Solutions, Inc.		36		12,655		1.60	%
Dollar General Corporation		81		12,650		1.60	%
CVS Health Corporation		158		12,632		1.59	%
Canadian Imperial Bank of Commerce		249		12,625		1.59	%
HCA Healthcare, Inc.		38		12,603		1.59	%
Ford Motor Company		947		12,574		1.59	%
Mettler-Toledo International, Inc.		9		12,572		1.59	%
Emerson Electric Company		110		12,503		1.58	%
PepsiCo, Inc.		71		12,467		1.57	%
Agilent Technologies, Inc.		86		12,457		1.57	%
Fastenal Company		161		12,445		1.57	%
Sherwin-Williams Company (The)		35		12,321		1.56	%
W. W. Grainger, Inc.		12		12,309		1.55	%
Extra Space Storage, Inc.		84		12,282		1.55	%
Church & Dwight Company, Inc.		118		12,271		1.55	%
AT&T, Inc.		696		12,245		1.55	%
CDW Corporation		48		12,236		1.55	%
Realty Income Corporation		226		12,228		1.54	%
O'Reilly Automotive, Inc.		11		12,228		1.54	%
Genuine Parts Company		79		12,226		1.54	%
Moody's Corporation		31		12,201		1.54	%
Hershey Company (The)		63		12,191		1.54	%
General Dynamics Corporation		43		12,177		1.54	%
Westinghouse Air Brake Technologies Corporation		83		12,144		1.53	%
Tractor Supply Company		46		12,121		1.53	%
Blackstone, Inc.		92		12,106		1.53	%
Ecolab, Inc.		52		12,096		1.53	%
Restaurant Brands International, Inc.		152		12,052		1.52	%
Rockwell Automation, Inc.		41		12,037		1.52	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Waters Corporation		35	$	12,016		1.52	%
Iron Mountain, Inc.		150		12,014		1.52	%
LyondellBasell Industries N.V. - Class A		117		12,013		1.52	%
Home Depot, Inc. (The)		31		11,871		1.50	%
Sysco Corporation		145		11,809		1.49	%
United Parcel Service - Class B		79		11,808		1.49	%
Cardinal Health, Inc.		105		11,770		1.49	%
Automatic Data Processing, Inc.		47		11,713		1.48	%
Old Dominion Freight Line, Inc.		53		11,676		1.47	%
Marvell Technology, Inc.		164		11,650		1.47	%
Costco Wholesale Corporation		16		11,600		1.46	%
Darden Restaurants, Inc.		69		11,533		1.46	%
Prologis, Inc.		88		11,509		1.45	%
J.B. Hunt Transport Services, Inc.		57		11,375		1.44	%
Steris Corporation		51		11,369		1.44	%
McDonald's Corporation		40		11,362		1.43	%
Starbucks Corporation		124		11,343		1.43	%
Ulta Beauty, Inc.		21		11,227		1.42	%
Apple, Inc.		65		11,174		1.41	%
ON Semiconductor Corporation		149		10,977		1.39	%
Cognizant Technology Solutions Corporation		149		10,924		1.38	%
Lululemon Athletica, Inc.		25		9,851		1.24	%
			$	792,039		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCMS995) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
West Company, Inc.		305	$	120,634		15.42	%
Align Technology, Inc.		365		119,531		15.27	%
Agilent Technologies, Inc.		786		114,241		14.60	%
Pfizer, Inc.		4,113		114,128		14.58	%
Amgen, Inc.		390		110,913		14.17	%
Ulta Beauty, Inc.		199		103,968		13.29	%
ON Semiconductor Corporation		1,348		99,128		12.67	%
			$	782,543		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCMS996) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Target Corporation		734	$	130,036		16.76	%
Capital One Financial Corporation		812		120,904		15.59	%
Rockwell Automation, Inc.		383		111,639		14.39	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Extra Space Storage, Inc.		749	$	110,069		14.19	%
Ulta Beauty, Inc.		202		105,648		13.62	%
ON Semiconductor Corporation		1,382		101,678		13.11	%
Lululemon Athletica, Inc.		245		95,696		12.34	%
			$	775,670		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCMS997) Index total return swap with Morgan Stanley Bank as of December 31, 2023, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Kroger Company (The)		777	$	44,400		5.56	%
West Company, Inc.		109		43,236		5.42	%
Constellation Brands, Inc.		155		42,115		5.28	%
Align Technology, Inc.		128		42,105		5.27	%
General Mills, Inc.		596		41,736		5.23	%
Discover Financial Services		317		41,569		5.21	%
PepsiCo, Inc.		237		41,533		5.20	%
Pfizer, Inc.		1,475		40,917		5.13	%
Target Corporation		228		40,424		5.06	%
Hershey Company (The)		205		39,878		5.00	%
Ecolab, Inc.		172		39,744		4.98	%
Church & Dwight Company, Inc.		377		39,361		4.93	%
Sysco Corporation		483		39,228		4.91	%
Old Dominion Freight Line, Inc.		179		39,219		4.91	%
Rockwell Automation, Inc.		134		38,943		4.88	%
Dollar General Corporation		248		38,756		4.85	%
United Parcel Service - Class B		257		38,190		4.78	%
ON Semiconductor Corporation		499		36,737		4.60	%
Ulta Beauty, Inc.		70		36,595		4.58	%
Lululemon Athletica, Inc.		86		33,678		4.22	%
			$	798,364		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCMS998) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Kroger Company (The)		802	$	45,802		5.88	%
Discover Financial Services		339		44,442		5.70	%
Capital One Financial Corporation		298		44,400		5.70	%
Caterpillar, Inc.		121		44,194		5.67	%
PACCAR, Inc.		351		43,431		5.57	%
Canadian Imperial Bank of Commerce		825		41,849		5.37	%
Emerson Electric Company		369		41,813		5.37	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Sherwin-Williams Company (The)		120	$	41,783		5.36	%
LyondellBasell Industries N.V. - Class A		405		41,439		5.32	%
Target Corporation		233		41,335		5.30	%
Old Dominion Freight Line, Inc.		186		40,773		5.23	%
Rockwell Automation, Inc.		139		40,500		5.20	%
J.B. Hunt Transport Services, Inc.		203		40,363		5.18	%
Iron Mountain, Inc.		503		40,363		5.18	%
United Parcel Service - Class B		265		39,439		5.06	%
Ulta Beauty, Inc.		74		38,602		4.95	%
ON Semiconductor Corporation		522		38,356		4.92	%
Marvell Technology, Inc.		497		35,261		4.52	%
Lululemon Athletica, Inc.		90		35,255		4.52	%
			$	779,400		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCMS999) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Cummins, Inc.		153	$	44,937		5.82	%
PACCAR, Inc.		355		43,995		5.70	%
Capital One Financial Corporation		295		43,915		5.69	%
Discover Financial Services		334		43,797		5.67	%
Caterpillar, Inc.		119		43,728		5.66	%
Target Corporation		237		41,942		5.43	%
Kroger Company (The)		732		41,808		5.42	%
Emerson Electric Company		368		41,756		5.41	%
Canadian Imperial Bank of Commerce		821		41,651		5.40	%
Fastenal Company		535		41,242		5.34	%
Rockwell Automation, Inc.		138		40,212		5.21	%
Iron Mountain, Inc.		501		40,194		5.21	%
Old Dominion Freight Line, Inc.		183		40,192		5.21	%
J.B. Hunt Transport Services, Inc.		201		39,990		5.18	%
United Parcel Service - Class B		265		39,335		5.10	%
Ulta Beauty, Inc.		74		38,716		5.02	%
ON Semiconductor Corporation		489		35,995		4.66	%
Lululemon Athletica, Inc.		89		34,684		4.49	%
Marvell Technology, Inc.		477		33,820		4.38	%
			$	771,909		100.00	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1000) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Cummins, Inc.		143	$	42,174		5.41	%
Capital One Financial Corporation		280		41,712		5.35	%
Discover Financial Services		317		41,562		5.34	%
PACCAR, Inc.		335		41,543		5.33	%
Caterpillar, Inc.		113		41,532		5.33	%
Target Corporation		227		40,142		5.15	%
Emerson Electric Company		349		39,586		5.08	%
Old Dominion Freight Line, Inc.		180		39,372		5.05	%
Canadian Imperial Bank of Commerce		775		39,313		5.05	%
Kroger Company (The)		687		39,242		5.04	%
Fastenal Company		508		39,213		5.03	%
Sherwin-Williams Company (The)		113		39,194		5.03	%
Costco Wholesale Corporation		53		38,820		4.98	%
J.B. Hunt Transport Services, Inc.		192		38,186		4.90	%
Rockwell Automation, Inc.		131		38,020		4.88	%
Iron Mountain, Inc.		472		37,897		4.86	%
United Parcel Service - Class B		250		37,114		4.76	%
Marvell Technology, Inc.		510		36,131		4.64	%
ON Semiconductor Corporation		487		35,815		4.60	%
Lululemon Athletica, Inc.		84		32,621		4.19	%
			$	779,189		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1001) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Capital One Financial Corporation		613	$	91,283		11.72	%
Discover Financial Services		696		91,274		11.72	%
Align Technology, Inc.		276		90,353		11.60	%
Target Corporation		505		89,505		11.49	%
Costco Wholesale Corporation		119		87,094		11.19	%
Rockwell Automation, Inc.		298		86,838		11.15	%
Canadian Imperial Bank of Commerce		1,712		86,823		11.15	%
Marvell Technology, Inc.		1,173		83,153		10.68	%
Lululemon Athletica, Inc.		185		72,444		9.30	%
			$	778,767		100.00	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1002) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Capital One Financial Corporation		911	$	135,654		17.79	%
Target Corporation		763		135,152		17.73	%
Rockwell Automation, Inc.		450		131,154		17.20	%
Costco Wholesale Corporation		173		127,063		16.66	%
Marvell Technology, Inc.		1,781		126,215		16.55	%
Lululemon Athletica, Inc.		275		107,301		14.07	%
			$	762,539		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1003) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
General Motors Company		348	$	15,764		2.00	%
Cintas Corporation		22		15,426		1.96	%
Western Digital Corporation		224		15,285		1.94	%
Cummins, Inc.		52		15,259		1.94	%
Allstate Corporation (The)		87		15,125		1.92	%
Ford Motor Company		1,131		15,024		1.91	%
Caterpillar, Inc.		41		15,015		1.90	%
PACCAR, Inc.		121		14,950		1.90	%
General Mills, Inc.		212		14,830		1.88	%
PepsiCo, Inc.		85		14,817		1.88	%
W. W. Grainger, Inc.		14		14,606		1.85	%
Blackstone, Inc.		111		14,579		1.85	%
Eaton Corporation PLC		47		14,574		1.85	%
International Flavors & Fragrances, Inc.		169		14,569		1.85	%
Hubbell, Inc.		35		14,538		1.84	%
HCA Healthcare, Inc.		43		14,500		1.84	%
Progress Software Corporation		70		14,491		1.84	%
Realty Income Corporation		268		14,482		1.84	%
Motorola Solutions, Inc.		41		14,455		1.83	%
Sherwin-Williams Company (The)		42		14,432		1.83	%
Constellation Brands, Inc.		53		14,422		1.83	%
Amgen, Inc.		51		14,417		1.83	%
CDW Corporation		56		14,397		1.83	%
Fastenal Company		186		14,386		1.82	%
Emerson Electric Company		127		14,384		1.82	%
General Dynamics Corporation		51		14,357		1.82	%
West Company, Inc.		36		14,356		1.82	%
Ecolab, Inc.		62		14,350		1.82	%
AT&T, Inc.		814		14,328		1.82	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Westinghouse Air Brake Technologies Corporation		98	$	14,326		1.82	%
Automatic Data Processing, Inc.		57		14,311		1.82	%
Align Technology, Inc.		44		14,310		1.82	%
Mettler-Toledo International, Inc.		11		14,269		1.81	%
Kroger Company (The)		250		14,257		1.81	%
NetApp, Inc.		136		14,236		1.81	%
Canadian Imperial Bank of Commerce		281		14,227		1.80	%
Old Dominion Freight Line, Inc.		65		14,149		1.79	%
Moody's Corporation		36		14,139		1.79	%
Sysco Corporation		174		14,109		1.79	%
Cardinal Health, Inc.		126		14,098		1.79	%
LyondellBasell Industries N.V. - Class A		138		14,073		1.79	%
Apple, Inc.		82		14,023		1.78	%
Iron Mountain, Inc.		175		14,014		1.78	%
Extra Space Storage, Inc.		95		13,915		1.76	%
Hershey Company (The)		71		13,895		1.76	%
Church & Dwight Company, Inc.		133		13,847		1.76	%
J.B. Hunt Transport Services, Inc.		69		13,840		1.76	%
Pfizer, Inc.		496		13,762		1.75	%
Agilent Technologies, Inc.		95		13,753		1.75	%
Waters Corporation		40		13,696		1.74	%
Prologis, Inc.		105		13,668		1.73	%
Steris Corporation		60		13,458		1.71	%
United Parcel Service - Class B		90		13,440		1.70	%
Cognizant Technology Solutions Corporation		182		13,317		1.69	%
ON Semiconductor Corporation		175		12,884		1.63	%
			$	788,134		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1004) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
General Motors Company		291	$	13,199		1.67	%
Cummins, Inc.		43		12,812		1.62	%
Ford Motor Company		949		12,600		1.60	%
Cintas Corporation		18		12,505		1.59	%
Allstate Corporation (The)		72		12,441		1.58	%
PACCAR, Inc.		99		12,325		1.56	%
Marvell Technology, Inc.		173		12,294		1.56	%
Caterpillar, Inc.		34		12,283		1.56	%
Capital One Financial Corporation		82		12,239		1.55	%
General Mills, Inc.		175		12,234		1.55	%
PepsiCo, Inc.		70		12,173		1.54	%
International Flavors & Fragrances, Inc.		140		12,078		1.53	%
Blackstone, Inc.		92		12,065		1.53	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Realty Income Corporation		222	$	12,002		1.52	%
Amgen, Inc.		42		12,001		1.52	%
CVS Health Corporation		150		11,962		1.52	%
Constellation Brands, Inc.		44		11,941		1.51	%
Eaton Corporation PLC		38		11,934		1.51	%
Rockwell Automation, Inc.		41		11,925		1.51	%
Dollar General Corporation		76		11,919		1.51	%
CDW Corporation		46		11,894		1.51	%
Sherwin-Williams Company (The)		34		11,886		1.51	%
Motorola Solutions, Inc.		33		11,872		1.51	%
Align Technology, Inc.		36		11,859		1.50	%
AT&T, Inc.		674		11,859		1.50	%
Westinghouse Air Brake Technologies Corporation		81		11,854		1.50	%
Hubbell, Inc.		29		11,838		1.50	%
Tractor Supply Company		45		11,816		1.50	%
Canadian Imperial Bank of Commerce		233		11,813		1.50	%
Kroger Company (The)		206		11,796		1.50	%
Old Dominion Freight Line, Inc.		54		11,785		1.49	%
NetApp, Inc.		112		11,780		1.49	%
Iron Mountain, Inc.		147		11,778		1.49	%
Emerson Electric Company		104		11,774		1.49	%
Ecolab, Inc.		51		11,771		1.49	%
HCA Healthcare, Inc.		35		11,770		1.49	%
Automatic Data Processing, Inc.		47		11,767		1.49	%
W. W. Grainger, Inc.		12		11,757		1.49	%
General Dynamics Corporation		42		11,756		1.49	%
Mettler-Toledo International, Inc.		9		11,754		1.49	%
Moody's Corporation		30		11,749		1.49	%
Fastenal Company		152		11,746		1.49	%
Progress Software Corporation		57		11,742		1.49	%
LyondellBasell Industries N.V. - Class A		115		11,722		1.49	%
Home Depot, Inc. (The)		31		11,716		1.49	%
Genuine Parts Company		75		11,692		1.48	%
Cardinal Health, Inc.		104		11,667		1.48	%
Sysco Corporation		143		11,626		1.47	%
O'Reilly Automotive, Inc.		10		11,584		1.47	%
J.B. Hunt Transport Services, Inc.		58		11,521		1.46	%
Waters Corporation		33		11,483		1.46	%
McDonald's Corporation		41		11,470		1.45	%
Agilent Technologies, Inc.		79		11,466		1.45	%
Church & Dwight Company, Inc.		110		11,453		1.45	%
Hershey Company (The)		59		11,428		1.45	%
Starbucks Corporation		125		11,427		1.45	%
Prologis, Inc.		88		11,415		1.45	%
Apple, Inc.		66		11,360		1.44	%
West Company, Inc.		29		11,356		1.44	%
Pfizer, Inc.		407		11,306		1.43	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Restaurant Brands International, Inc.		141	$	11,167		1.42	%
Darden Restaurants, Inc.		67		11,153		1.41	%
Steris Corporation		49		11,128		1.41	%
United Parcel Service - Class B		74		11,069		1.40	%
Cognizant Technology Solutions Corporation		150		11,002		1.39	%
ON Semiconductor Corporation		149		10,923		1.38	%
Ulta Beauty, Inc.		20		10,598		1.34	%
			$	789,080		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1005) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Capital One Financial Corporation		566	$	84,248		10.73	%
Discover Financial Services		638		83,621		10.65	%
Target Corporation		467		82,767		10.54	%
Marvell Technology, Inc.		1,147		81,299		10.35	%
International Flavors & Fragrances, Inc.		926		79,607		10.13	%
Rockwell Automation, Inc.		273		79,554		10.13	%
Kroger Company (The)		1,368		78,164		9.95	%
Costco Wholesale Corporation		106		77,440		9.86	%
United Parcel Service - Class B		500		74,329		9.46	%
Lululemon Athletica, Inc.		165		64,445		8.20	%
			$	785,474		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1006) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Capital One Financial Corporation		1,126	$	167,607		20.72	%
Discover Financial Services		1,274		167,048		20.66	%
Rockwell Automation, Inc.		551		160,657		19.87	%
International Flavors & Fragrances, Inc.		1,830		157,390		19.46	%
Kroger Company (The)		2,730		155,966		19.29	%
			$	808,668		100.00	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1007) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Cintas Corporation		20	$	13,881		1.76	%
General Motors Company		306		13,855		1.76	%
Marvell Technology, Inc.		195		13,816		1.75	%
Ford Motor Company		1,031		13,692		1.74	%
Allstate Corporation (The)		78		13,514		1.72	%
Blackstone, Inc.		102		13,438		1.71	%
Cummins, Inc.		45		13,298		1.69	%
Amgen, Inc.		47		13,269		1.68	%
Hubbell, Inc.		32		13,268		1.68	%
Realty Income Corporation		243		13,169		1.67	%
Caterpillar, Inc.		36		13,131		1.67	%
International Flavors & Fragrances, Inc.		153		13,131		1.67	%
Align Technology, Inc.		40		13,111		1.66	%
Eaton Corporation PLC		42		13,089		1.66	%
Sherwin-Williams Company (The)		38		13,087		1.66	%
CDW Corporation		51		13,080		1.66	%
Motorola Solutions, Inc.		37		13,019		1.65	%
Westinghouse Air Brake Technologies Corporation		89		13,000		1.65	%
AT&T, Inc.		739		13,000		1.65	%
LyondellBasell Industries N.V. - Class A		127		12,993		1.65	%
PACCAR, Inc.		105		12,985		1.65	%
Automatic Data Processing, Inc.		52		12,973		1.65	%
Mettler-Toledo International, Inc.		10		12,961		1.65	%
CVS Health Corporation		162		12,958		1.65	%
Tractor Supply Company		49		12,947		1.64	%
Canadian Imperial Bank of Commerce		255		12,934		1.64	%
General Mills, Inc.		185		12,930		1.64	%
Emerson Electric Company		114		12,925		1.64	%
PepsiCo, Inc.		74		12,919		1.64	%
Prologis, Inc.		99		12,917		1.64	%
NetApp, Inc.		123		12,886		1.64	%
Ecolab, Inc.		56		12,880		1.64	%
W. W. Grainger, Inc.		13		12,880		1.64	%
Moody's Corporation		33		12,873		1.63	%
Dollar General Corporation		82		12,850		1.63	%
Fastenal Company		166		12,837		1.63	%
Kroger Company (The)		225		12,828		1.63	%
Constellation Brands, Inc.		47		12,824		1.63	%
Home Depot, Inc. (The)		33		12,822		1.63	%
General Dynamics Corporation		45		12,808		1.63	%
HCA Healthcare, Inc.		38		12,799		1.63	%
Progress Software Corporation		62		12,764		1.62	%
Pfizer, Inc.		459		12,737		1.62	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
West Company, Inc.		32	$	12,683		1.61	%
Genuine Parts Company		82		12,670		1.61	%
Sysco Corporation		156		12,659		1.61	%
Starbucks Corporation		138		12,654		1.61	%
McDonald's Corporation		45		12,641		1.61	%
O'Reilly Automotive, Inc.		11		12,618		1.60	%
Church & Dwight Company, Inc.		121		12,615		1.60	%
ON Semiconductor Corporation		171		12,598		1.60	%
Cardinal Health, Inc.		112		12,575		1.60	%
Ulta Beauty, Inc.		24		12,533		1.59	%
Waters Corporation		36		12,510		1.59	%
Agilent Technologies, Inc.		86		12,499		1.59	%
Restaurant Brands International, Inc.		157		12,455		1.58	%
Cognizant Technology Solutions Corporation		170		12,451		1.58	%
Steris Corporation		55		12,389		1.57	%
Apple, Inc.		72		12,351		1.57	%
Hershey Company (The)		63		12,198		1.55	%
Darden Restaurants, Inc.		73		12,176		1.55	%
			$	787,353		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1008) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Cintas Corporation		18	$	12,547		1.60	%
Marvell Technology, Inc.		177		12,542		1.60	%
Allstate Corporation (The)		72		12,449		1.59	%
General Motors Company		271		12,274		1.57	%
Extra Space Storage, Inc.		83		12,133		1.55	%
Amgen, Inc.		42		12,076		1.54	%
Rockwell Automation, Inc.		41		11,990		1.53	%
Realty Income Corporation		221		11,964		1.53	%
Ford Motor Company		899		11,939		1.53	%
Blackstone, Inc.		91		11,925		1.52	%
Caterpillar, Inc.		33		11,922		1.52	%
Cummins, Inc.		40		11,901		1.52	%
Motorola Solutions, Inc.		34		11,897		1.52	%
International Flavors & Fragrances, Inc.		138		11,883		1.52	%
AT&T, Inc.		674		11,860		1.52	%
Mettler-Toledo International, Inc.		9		11,850		1.51	%
J.B. Hunt Transport Services, Inc.		59		11,846		1.51	%
Hubbell, Inc.		29		11,837		1.51	%
PACCAR, Inc.		95		11,830		1.51	%
CDW Corporation		46		11,827		1.51	%
Westinghouse Air Brake Technologies Corporation		81		11,826		1.51	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Sherwin-Williams Company (The)		34	$	11,811		1.51	%
PepsiCo, Inc.		67		11,810		1.51	%
Tractor Supply Company		45		11,809		1.51	%
HCA Healthcare, Inc.		35		11,762		1.50	%
Church & Dwight Company, Inc.		113		11,743		1.50	%
Emerson Electric Company		104		11,742		1.50	%
Constellation Brands, Inc.		43		11,738		1.50	%
Prologis, Inc.		90		11,734		1.50	%
Old Dominion Freight Line, Inc.		53		11,713		1.50	%
Ecolab, Inc.		51		11,713		1.50	%
CVS Health Corporation		147		11,711		1.50	%
Eaton Corporation PLC		37		11,704		1.50	%
Automatic Data Processing, Inc.		47		11,692		1.49	%
General Mills, Inc.		167		11,687		1.49	%
Canadian Imperial Bank of Commerce		230		11,687		1.49	%
Moody's Corporation		30		11,681		1.49	%
Progress Software Corporation		56		11,659		1.49	%
Kroger Company (The)		204		11,658		1.49	%
NetApp, Inc.		111		11,656		1.49	%
West Company, Inc.		29		11,644		1.49	%
Pfizer, Inc.		419		11,618		1.49	%
W. W. Grainger, Inc.		11		11,610		1.48	%
Iron Mountain, Inc.		145		11,603		1.48	%
Sysco Corporation		143		11,598		1.48	%
Cardinal Health, Inc.		104		11,598		1.48	%
Dollar General Corporation		74		11,597		1.48	%
LyondellBasell Industries N.V. - Class A		113		11,596		1.48	%
General Dynamics Corporation		41		11,594		1.48	%
Ulta Beauty, Inc.		22		11,573		1.48	%
Home Depot, Inc. (The)		30		11,573		1.48	%
Genuine Parts Company		75		11,569		1.48	%
Align Technology, Inc.		35		11,554		1.48	%
Fastenal Company		149		11,519		1.47	%
McDonald's Corporation		41		11,495		1.47	%
Waters Corporation		33		11,459		1.46	%
Agilent Technologies, Inc.		79		11,439		1.46	%
O'Reilly Automotive, Inc.		10		11,431		1.46	%
Restaurant Brands International, Inc.		143		11,398		1.46	%
Hershey Company (The)		59		11,390		1.46	%
Cognizant Technology Solutions Corporation		154		11,310		1.45	%
ON Semiconductor Corporation		153		11,287		1.44	%
Steris Corporation		50		11,177		1.43	%
United Parcel Service - Class B		75		11,138		1.42	%
Apple, Inc.		65		11,130		1.42	%
Darden Restaurants, Inc.		66		11,103		1.42	%
Lululemon Athletica, Inc.		25		9,659		1.24	%
			$	782,690		100.00	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1009) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Western Digital Corporation		306	$	20,909		2.64	%
Allstate Corporation (The)		120		20,835		2.63	%
Marvell Technology, Inc.		293		20,788		2.63	%
General Motors Company		450		20,398		2.58	%
Capital One Financial Corporation		136		20,309		2.57	%
Extra Space Storage, Inc.		137		20,168		2.55	%
International Flavors & Fragrances, Inc.		234		20,156		2.55	%
Realty Income Corporation		372		20,129		2.55	%
Ford Motor Company		1,512		20,074		2.54	%
Amgen, Inc.		71		20,050		2.54	%
AT&T, Inc.		1,138		20,031		2.53	%
Align Technology, Inc.		61		19,934		2.52	%
General Mills, Inc.		284		19,874		2.51	%
Motorola Solutions, Inc.		56		19,855		2.51	%
PepsiCo, Inc.		113		19,820		2.51	%
HCA Healthcare, Inc.		59		19,808		2.50	%
LyondellBasell Industries N.V. - Class A		193		19,729		2.49	%
Cognizant Technology Solutions Corporation		269		19,721		2.49	%
Ecolab, Inc.		85		19,707		2.49	%
Constellation Brands, Inc.		73		19,705		2.49	%
Progress Software Corporation		95		19,649		2.48	%
Church & Dwight Company, Inc.		188		19,611		2.48	%
CDW Corporation		77		19,604		2.48	%
Pfizer, Inc.		706		19,593		2.48	%
Prologis, Inc.		150		19,580		2.48	%
Kroger Company (The)		343		19,568		2.47	%
Canadian Imperial Bank of Commerce		386		19,561		2.47	%
Apple, Inc.		114		19,542		2.47	%
Sherwin-Williams Company (The)		56		19,536		2.47	%
West Company, Inc.		49		19,521		2.47	%
NetApp, Inc.		186		19,511		2.47	%
Blackstone, Inc.		148		19,487		2.46	%
Mettler-Toledo International, Inc.		15		19,423		2.46	%
Cardinal Health, Inc.		174		19,421		2.46	%
Sysco Corporation		239		19,420		2.46	%
Moody's Corporation		49		19,402		2.45	%
Steris Corporation		86		19,335		2.44	%
Waters Corporation		55		19,074		2.41	%
Agilent Technologies, Inc.		131		19,074		2.41	%
Hershey Company (The)		98		19,059		2.41	%
			$	790,971		100.00	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1010) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Cintas Corporation		17	$	11,952		1.52	%
Western Digital Corporation		174		11,871		1.51	%
Marvell Technology, Inc.		167		11,848		1.50	%
Capital One Financial Corporation		79		11,732		1.49	%
General Motors Company		258		11,714		1.49	%
Target Corporation		66		11,689		1.48	%
Allstate Corporation (The)		67		11,645		1.48	%
Realty Income Corporation		214		11,554		1.47	%
AT&T, Inc.		655		11,529		1.46	%
Dollar General Corporation		74		11,518		1.46	%
International Flavors & Fragrances, Inc.		134		11,512		1.46	%
Amgen, Inc.		40		11,451		1.45	%
Ford Motor Company		862		11,442		1.45	%
Blackstone, Inc.		87		11,428		1.45	%
Align Technology, Inc.		35		11,419		1.45	%
Caterpillar, Inc.		31		11,381		1.45	%
J.B. Hunt Transport Services, Inc.		57		11,378		1.44	%
Cognizant Technology Solutions Corporation		155		11,338		1.44	%
Motorola Solutions, Inc.		32		11,328		1.44	%
PepsiCo, Inc.		65		11,316		1.44	%
Rockwell Automation, Inc.		39		11,315		1.44	%
CVS Health Corporation		142		11,304		1.44	%
Williams-Sonoma, Inc.		36		11,297		1.43	%
Cummins, Inc.		38		11,288		1.43	%
Pfizer, Inc.		407		11,281		1.43	%
Moody's Corporation		29		11,278		1.43	%
Westinghouse Air Brake Technologies Corporation		77		11,270		1.43	%
Constellation Brands, Inc.		41		11,269		1.43	%
Sherwin-Williams Company (The)		32		11,268		1.43	%
LyondellBasell Industries N.V. - Class A		110		11,266		1.43	%
General Mills, Inc.		161		11,263		1.43	%
Prologis, Inc.		86		11,261		1.43	%
Canadian Imperial Bank of Commerce		222		11,247		1.43	%
HCA Healthcare, Inc.		34		11,244		1.43	%
Kroger Company (The)		197		11,237		1.43	%
Iron Mountain, Inc.		140		11,228		1.43	%
Emerson Electric Company		99		11,219		1.42	%
Automatic Data Processing, Inc.		45		11,219		1.42	%
Cardinal Health, Inc.		100		11,212		1.42	%
Starbucks Corporation		123		11,206		1.42	%
Ecolab, Inc.		49		11,202		1.42	%
Progress Software Corporation		54		11,183		1.42	%
Ulta Beauty, Inc.		21		11,177		1.42	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
General Dynamics Corporation		40	$	11,175		1.42	%
West Company, Inc.		28		11,173		1.42	%
Mettler-Toledo International, Inc.		8		11,154		1.42	%
Restaurant Brands International, Inc.		140		11,150		1.42	%
NetApp, Inc.		106		11,148		1.42	%
PACCAR, Inc.		90		11,135		1.41	%
CDW Corporation		44		11,128		1.41	%
McDonald's Corporation		39		11,096		1.41	%
Church & Dwight Company, Inc.		106		11,092		1.41	%
Costco Wholesale Corporation		15		11,090		1.41	%
Apple, Inc.		65		11,071		1.41	%
Tractor Supply Company		42		11,070		1.41	%
Sysco Corporation		136		11,067		1.41	%
Old Dominion Freight Line, Inc.		50		11,061		1.40	%
Genuine Parts Company		71		11,055		1.40	%
Hubbell, Inc.		27		11,046		1.40	%
Waters Corporation		32		11,024		1.40	%
W. W. Grainger, Inc.		11		11,017		1.40	%
Fastenal Company		142		10,986		1.40	%
Eaton Corporation PLC		35		10,986		1.39	%
Agilent Technologies, Inc.		75		10,958		1.39	%
ON Semiconductor Corporation		149		10,955		1.39	%
Home Depot, Inc. (The)		28		10,933		1.39	%
Hershey Company (The)		56		10,927		1.39	%
Steris Corporation		49		10,920		1.39	%
O'Reilly Automotive, Inc.		10		10,755		1.37	%
United Parcel Service - Class B		71		10,579		1.34	%
			$	787,530		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1011) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
International Flavors & Fragrances, Inc.		1,893	$	162,753		20.60	%
Kroger Company (The)		2,774		158,465		20.06	%
Hershey Company (The)		807		157,028		19.88	%
Lululemon Athletica, Inc.		399		155,919		19.74	%
Sysco Corporation		1,919		155,796		19.72	%
			$	789,961		100.00	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1012) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
International Flavors & Fragrances, Inc.		1,054	$	90,640		11.51	%
Discover Financial Services		684		89,725		11.39	%
General Mills, Inc.		1,256		87,892		11.16	%
Hershey Company (The)		450		87,463		11.10	%
PepsiCo, Inc.		497		86,978		11.04	%
Kroger Company (The)		1,522		86,971		11.04	%
Constellation Brands, Inc.		319		86,632		11.00	%
Sysco Corporation		1,061		86,142		10.93	%
McCormick & Company, Inc.		1,111		85,300		10.83	%
			$	787,743		100.00	%

The following table represents the individual positions and related values of underlying securities of Morgan Stanley Custom Basket (MSCM1013) Index total return swap with Morgan Stanley Bank as of March 31, 2024, termination date 7/31/24:

Reference Entity	Shares		Market Value		% of Total Index Value
Allstate Corporation (The)		128	$	22,082		2.83	%
Ulta Beauty, Inc.		42		22,073		2.83	%
General Motors Company		486		22,047		2.82	%
Ford Motor Company		1,660		22,043		2.82	%
Canadian Imperial Bank of Commerce		433		21,959		2.81	%
Dollar General Corporation		141		21,938		2.81	%
Western Digital Corporation		320		21,870		2.80	%
Moody's Corporation		56		21,833		2.79	%
HCA Healthcare, Inc.		65		21,798		2.79	%
Tractor Supply Company		83		21,784		2.79	%
Motorola Solutions, Inc.		61		21,774		2.79	%
CVS Health Corporation		273		21,768		2.79	%
West Company, Inc.		55		21,766		2.79	%
Blackstone, Inc.		166		21,757		2.79	%
Progress Software Corporation		105		21,748		2.78	%
AT&T, Inc.		1,235		21,740		2.78	%
Sherwin-Williams Company (The)		62		21,705		2.78	%
Darden Restaurants, Inc.		130		21,701		2.78	%
Align Technology, Inc.		66		21,679		2.78	%
Pfizer, Inc.		780		21,654		2.77	%
Starbucks Corporation		237		21,652		2.77	%
Genuine Parts Company		140		21,642		2.77	%
NetApp, Inc.		206		21,626		2.77	%
Waters Corporation		63		21,618		2.77	%

CRM LONG/SHORT OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (Continued)

March 31, 2024 (Unaudited)

Reference Entity	Shares		Market Value		% of Total Index Value
Steris Corporation		96	$	21,611		2.77	%
Mettler-Toledo International, Inc.		16		21,604		2.77	%
Cognizant Technology Solutions Corporation		294		21,581		2.76	%
Cardinal Health, Inc.		193		21,554		2.76	%
O'Reilly Automotive, Inc.		19		21,551		2.76	%
LyondellBasell Industries N.V. - Class A		211		21,537		2.76	%
Amgen, Inc.		76		21,528		2.76	%
CDW Corporation		84		21,502		2.75	%
Apple, Inc.		125		21,449		2.75	%
Agilent Technologies, Inc.		147		21,369		2.74	%
Marvell Technology, Inc.		300		21,249		2.72	%
ON Semiconductor Corporation		287		21,087		2.70	%
			$	780,879		100.00	%

CRM Small Cap Value Fund (CRMSX) NPORT-PCRM All Cap Value Fund (Mar 2024 report)