City National Rochdale Funds NPORT-P City National Rochdale Equity Income Fund (Jun 2023 report)

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale California Tax Exempt Bond Fund

Description	Face Amount (000)		Value (000)
Municipal Bonds [96.8%]
Alabama [1.2%]
Black Belt Energy Gas District, Ser C-1, RB
Callable 03/01/29 @ 100
5.250%, 02/01/53(A)		500	$	523
California [94.0%]
Anaheim Housing & Public Improvements Authority, RB
Callable 10/01/27 @ 100
5.000%, 10/01/29		375		411
Bay Area Toll Authority, Ser F-1, RB
5.000%, 04/01/31		500		588
Bay Area Toll Authority, Sub-Ser, RB
Pre-Refunded @ 100
5.000%, 10/01/24(B)		140		143
Brea, Redevelopment Agency Successor, Redevelopment Project, TA
Callable 08/04/23 @ 100
5.000%, 08/01/25		550		551
California State University, Ser A, RB
Callable 11/01/25 @ 100
5.000%, 11/01/26		185		194
California State University, Ser A, RB
5.000%, 11/01/31		170		201
California State, Community Choice Financing Authority, Ser A-1, RB
Callable 05/01/28 @ 100
4.000%, 05/01/53(A)		500		500
California State, Community Choice Financing Authority, Ser S, RB
Callable 09/01/27 @ 101
4.000%, 10/01/52(A)		500		498
California State, Department of Water Resources, Ser AX, RB
Callable 12/01/27 @ 100
5.000%, 12/01/29		525		580
California State, Educational Facilities Authority, Ser A, RB, ETM
5.000%, 10/01/25		110		115
California State, GO
5.000%, 08/01/26		1,000		1,064
California State, GO
Callable 12/01/23 @ 100
5.000%, 12/01/26		1,000		1,007
California State, GO
Callable 11/01/23 @ 100
5.000%, 11/01/27		500		503
California State, GO
Callable 04/01/29 @ 100
5.000%, 04/01/31		265		298
Description	Face Amount (000)		Value (000)
California State, GO
5.000%, 09/01/31	$	500	$	589
California State, GO
Callable 04/01/32 @ 100
5.000%, 04/01/33		575		684
California State, GO
Callable 09/01/32 @ 100
5.000%, 09/01/33		215		257
California State, GO
Callable 04/01/31 @ 100
4.000%, 10/01/33		500		538
California State, Health Facilities Financing Authority, RB
5.000%, 10/01/39(A)		575		590
California State, Health Facilities Financing Authority, RB
4.000%, 03/01/25		100		101
California State, Health Facilities Financing Authority, Ser A, RB
Callable 08/04/23 @ 100
5.000%, 11/15/25		665		668
California State, Health Facilities Financing Authority, Ser A, RB
Callable 08/15/26 @ 100
5.000%, 08/15/30		500		532
California State, Health Facilities Financing Authority, Sub-Ser PERMANENTE-SUBSER, RB
5.000%, 11/01/27		650		714
California State, Infrastructure & Economic Development Bank, Ser B, RB, ETM
5.000%, 07/01/23		1,150		1,150
California State, Public Works Board, RB
5.000%, 09/01/25		1,510		1,577
California State, Public Works Board, Ser B, RB
5.000%, 10/01/25		245		256
California State, Public Works Board, Ser C, RB
Callable 03/01/27 @ 100
5.000%, 03/01/28		570		613
California State, Public Works Board, Ser S, RB
Callable 04/01/27 @ 100
5.000%, 04/01/28		800		863
California State, Statewide Communities Development Authority, Cottage Health System, RB
Pre-Refunded @ 100
5.000%, 11/01/24(B)		350		359

CITY NATIONAL ROCHDALE FUNDS | PAGE 1

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale California Tax Exempt Bond Fund

Description	Face Amount (000)		Value (000)
California State, Statewide Communities Development Authority, RB, CA MTG INS
Pre-Refunded @ 100
5.000%, 02/15/26(B)	$	550	$	580
California State, University Systemwide Revenue, Ser A, RB
Callable 05/01/26 @ 100
5.000%, 11/01/27		350		372
California State, University Systemwide Revenue, Ser B-1, RB
Callable 05/01/26 @ 100
1.600%, 11/01/47(A)		1,000		935
Chino Basin Regional Financing Authority, Sub-Ser, RB
Callable 06/01/30 @ 100
5.000%, 06/01/31		250		289
County of Sacramento California Airport System Revenue, Sub-Ser E, RB
Callable 07/01/28 @ 100
5.000%, 07/01/32		265		290
East Bay, Municipal Utility District, Water System Revenue, Ser A, RB
Callable 06/01/25 @ 100
5.000%, 06/01/29		850		887
East Side Unified High School District, Ser D, GO
5.000%, 08/01/30		465		538
El Dorado Irrigation District, Ser A, RB
Callable 03/01/30 @ 100
5.000%, 03/01/32		235		267
Fairfield-Suisun Unified School District, GO
Callable 08/01/28 @ 100
4.000%, 08/01/31		145		153
Golden State Tobacco Securitization, Ser A-1, RB
Pre-Refunded @ 100
5.000%, 06/01/27(B)		500		544
Imperial Irrigation District Electric System Revenue, RB
Callable 11/01/27 @ 100
4.000%, 11/01/32		170		178
Long Beach, Unified School District, GO
5.000%, 08/01/26		1,000		1,066
Los Angeles County, Metropolitan Transportation Authority Sales Tax Revenue, RB
5.000%, 06/01/31		270		320
Description	Face Amount (000)		Value (000)
Los Angeles County, Metropolitan Transportation Authority, RB
5.000%, 06/01/26	$	260	$	276
Los Angeles, Department of Airports, RB
Callable 11/15/29 @ 100
5.000%, 05/15/32		105		120
Los Angeles, Department of Airports, Ser B, RB
Callable 05/15/30 @ 100
5.000%, 05/15/33		100		116
Los Angeles, Department of Airports, Ser C, RB
5.000%, 05/15/25		660		684
Los Angeles, Department of Airports, Sub-Ser, RB
Callable 05/15/32 @ 100
5.000%, 05/15/33		125		149
Los Angeles, Department of Airports, Sub-Ser, RB, AMT
Callable 05/15/26 @ 100
5.000%, 05/15/29		400		417
Los Angeles, Department of Water & Power, Power System Project, Ser C, RB
5.000%, 07/01/23		580		580
Los Angeles, Department of Water & Power, Ser A, RB
5.000%, 07/01/27		515		560
Los Angeles, Department of Water & Power, Ser B, RB
Callable 01/01/27 @ 100
5.000%, 07/01/30		175		189
Los Angeles, Sanitation Districts Financing Authority, Ser A, RB
Callable 10/01/25 @ 100
5.000%, 10/01/28		525		550
Los Angeles, Unified School District, Ser B-1, GO
Callable 01/01/28 @ 100
5.000%, 07/01/30		345		380
Los Angeles, Wastewater System Revenue, Sub-Ser A, RB
Callable 06/01/27 @ 100
5.000%, 06/01/30		150		163
Marin Municipal Water District, Sub-Ser, RB
5.000%, 06/15/32		430		513
Metropolitan Water District of Southern California, Ser A, RB
5.000%, 10/01/31		260		309
Modesto Irrigation District, RB
5.000%, 07/01/31		105		122

CITY NATIONAL ROCHDALE FUNDS | PAGE 2

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale California Tax Exempt Bond Fund

Description	Face Amount (000)		Value (000)
Orange County, Redevelopment Agency Successor Agency, TA, AGM
5.000%, 09/01/23	$	335	$	336
Redding, Electric System Revenue, RB
5.000%, 06/01/24		655		667
Redding, Electric System Revenue, RB
5.000%, 06/01/25		595		616
Riverside Community College District, GO
Callable 08/01/29 @ 100
4.000%, 08/01/32		370		396
Riverside County, Infrastructure Financing Authority, Ser A, RB
Callable 11/01/26 @ 100
4.000%, 11/01/29		520		538
Riverside County, Public Financing Authority, RB, ETM
5.000%, 11/01/25		235		246
Riverside County, Transportation Commission Sales Tax Revenue, Ser A, RB
Callable 06/01/27 @ 100
5.000%, 06/01/30		155		169
Riverside County, Transportation Commission Sales Tax Revenue, Ser B, RB
Callable 12/01/27 @ 100
5.000%, 06/01/32		345		378
Riverside Redevelopment Agency Successor Agency, Ser A, RB
5.000%, 09/01/27		100		108
Riverside Redevelopment Agency Successor Agency, Ser A, RB
Callable 09/01/28 @ 100
5.000%, 09/01/29		250		277
Riverside Unified School District, Ser C, GO
Callable 08/01/32 @ 100
5.000%, 08/01/34		275		328
San Diego, Association of Governments South Bay Expressway Revenue, Ser A, RB
Callable 07/01/27 @ 100
5.000%, 07/01/28		365		395
San Dieguito Unified High School District, Ser E-2, GO
4.000%, 08/01/30		100		109
Description	Face Amount (000)		Value (000)
San Francisco Bay Area Rapid Transit District, GO
Callable 08/01/29 @ 100
5.000%, 08/01/32	$	215	$	245
San Francisco Bay Area Rapid Transit District, GO
Callable 08/01/29 @ 100
5.000%, 08/01/33		130		148
San Francisco City & County, Airport Comm-San Francisco International Airport, RB
Callable 05/01/26 @ 100
5.000%, 05/01/29		405		432
San Francisco City & County, Earthquake Saftey, GO
Callable 06/15/29 @ 100
4.000%, 06/15/31		100		108
San Francisco City & County, Public Utilities Commission, Water Revenue, Ser A, RB
Callable 10/01/25 @ 100
5.000%, 10/01/27		500		524
San Francisco City & County, Public Utilities Commission, Water Revenue, Ser A, RB
Callable 11/01/24 @ 100
5.000%, 11/01/28		500		512
San Francisco City & County, Public Utilities Commission, Water Revenue, Sub-Ser, RB
Callable 11/01/26 @ 100
4.000%, 11/01/30		1,040		1,085
San Jose, Redevelopment Agency Successor Agency, Sub-Ser B, RB
5.000%, 08/01/27		125		136
San Jose, Redevelopment Agency Successor Agency, Sub-Ser B, RB
Callable 08/01/27 @ 100
5.000%, 08/01/28		500		544
San Mateo County, Joint Powers Financing Authority, Maple Street Correctional Center, RB
Callable 06/15/24 @ 100
5.000%, 06/15/26		1,045		1,064
Santa Clara Valley, Transportation Authority, Ser B, RB
5.000%, 06/01/26		200		213
Santa Monica-Malibu Unified School District, Ser B, GO
Callable 08/01/29 @ 100
4.000%, 08/01/32		110		119

CITY NATIONAL ROCHDALE FUNDS | PAGE 3

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale California Tax Exempt Bond Fund

Description	Face Amount (000)		Value (000)
Tahoe-Truckee, Unified School District, Ser B, GO
Callable 08/01/26 @ 100
5.000%, 08/01/27	$	200	$	214
Tahoe-Truckee, Unified School District, Ser B, GO
Callable 08/01/26 @ 100
5.000%, 08/01/28		200		214
Tustin, Unified School District, SPL Tax, BAM
5.000%, 09/01/24		525		536
University of California, Ser BN, RB
5.000%, 05/15/32		500		602
Western Placer Waste Management Authority, RB
5.000%, 06/01/32		100		119
Westlands, Water District, Ser A, RB, AGM
Callable 09/01/26 @ 100
5.000%, 09/01/27		1,035		1,104
Total California				40,173
New York [1.6%]
New York City, Transitional Finance Authority Future Tax Secured Revenue, Sub-Ser E-1, RB
5.000%, 11/01/29		600		678
Total Municipal Bonds
(Cost $41,810)				41,374
Short-Term Investment [1.1%]
SEI Daily Income Trust Government Fund, Cl Institutional, 4.880%**		477,408		477
Total Short-Term Investment
(Cost $477)				477
Repurchase Agreement [1.2%]
Barclays (C)
4.950%, dated 06/30/23, repurchased on 10/03/22, 0		500		500
Total Repurchase Agreement
(Cost $500)				500
Total Investments [99.1%]
(Cost $42,787)			$	42,351

Percentages are based on Net Assets of $42,716 (000).

** The rate reported is the 7-day effective yield as of June 30, 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) Pre-Refunded Security — The maturity date shown is the pre-refunded date.

(C) Tri-party Repurchase Agreement.

AGM — Assured Guarantee Municipal

AMT — Alternative Minimum Tax (subject to)

BAM — Build America Mutual

Cl — Class

GO — General Obligation

RB — Revenue Bond

Ser — Series

SPL Tax — Special Tax

TA — Tax Allocation

The following is a list of the inputs used as of June 30, 2023 in valuing the Fund's investments carried at value (000):

Investments in Securities	Level 1		Level 2		Level 3		Total
Municipal Bonds	$	—	$	41,374	$	—	$	41,374
Short-Term Investment		477		—		—		477
Repurchase Agreement		—		500		—		500
Total Investments in Securities	$	477	$	41,874	$	—	$	42,351

Amounts designated as "—" are either $0 or have been rounded to $0.

For more information on valuation inputs, see Note 2 -- Significant Accounting

Policies in the Notes to Financial Statements.

CNR-QH-002-2700

CITY NATIONAL ROCHDALE FUNDS | PAGE 4

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Municipal Bonds [98.1%]
Alabama [1.8%]
Black Belt Energy Gas District, Ser B-1, RB
Callable 07/01/27 @ 100
4.000%, 04/01/53(A)	$	1,000	$	988
Jefferson County, Sewer Revenue, Ser D, RB
Callable 10/01/23 @ 105
6.000%, 10/01/42		9,000		9,480
Jefferson County, Sewer Revenue, Sub-Ser, RB
Callable 10/01/23 @ 105
0.000%, 10/01/46		2,500		2,602
Southeast Energy Authority A Cooperative District, Ser A-1, RB
Callable 09/01/29 @ 100
5.500%, 01/01/53(A)		1,500		1,595
Southeast Energy Authority A Cooperative District, Ser B, RB
Callable 09/01/31 @ 101
4.000%, 12/01/51(A)		5,000		4,860
Tuscaloosa County, Industrial Development Authority, Ser A, RB
Callable 05/01/29 @ 100
5.250%, 05/01/44(B)		3,000		2,705
Total Alabama				22,230
Alaska [0.3%]
Northern Tobacco Securitization, Ser A-CLASS, RB
Callable 06/01/31 @ 100
4.000%, 06/01/50		3,500		3,094
Arizona [1.1%]
Arizona Industrial Development Authority
Callable 07/01/28 @ 100
5.000%, 07/01/43(B)		310		292
Arizona State, Industrial Development Authority, RB
Callable 07/01/29 @ 100
5.000%, 01/01/54		375		221
Arizona State, Industrial Development Authority, RB
Callable 07/15/29 @ 100
4.000%, 07/15/51(B)		500		373
Arizona State, Industrial Development Authority, RB
Callable 07/15/29 @ 100
4.000%, 07/15/56(B)		225		163
Description	Face Amount (000)		Value (000)
Glendale, Industrial Development Authority, Glencroft Retirement Community, RB
Callable 11/15/26 @ 100
5.250%, 11/15/46	$	1,000	$	713
Glendale, Industrial Development Authority, Glencroft Retirement Community, RB
Callable 11/15/26 @ 100
5.250%, 11/15/51		1,850		1,275
Glendale, Industrial Development Authority, Glencroft Retirement Community, RB
Callable 11/15/26 @ 100
5.000%, 11/15/36		600		464
Maricopa County Industrial Development Authority
Callable 07/01/30 @ 100
6.250%, 07/01/53(B)		1,400		1,406
Phoenix, Civic Improvement, Ser A, RB
Callable 07/01/25 @ 100
5.000%, 07/01/45		250		255
Phoenix, Industrial Development Authority, Legacy Traditional School Projects, RB
Callable 07/01/25 @ 100
5.000%, 07/01/45(B)		3,300		3,059
Pima County, Industrial Development Authority, Noah Webster School Project, RB
Callable 12/15/23 @ 100
7.000%, 12/15/43		1,500		1,515
Tempe, Industrial Development Authority, Mirrabella at ASU Project, Ser A, RB
Callable 10/01/27 @ 100
6.125%, 10/01/52(B)		1,200		731
Yavapai County, Industrial Development Authority, Ser A, RB
Callable 03/01/25 @ 100
5.000%, 09/01/34(B)		2,015		1,953
Total Arizona				12,420
Arkansas [0.4%]
Arkansas State, Development Finance Authority, RB, AMT
Callable 09/01/26 @ 103
4.500%, 09/01/49(B)		4,750		4,290
California [7.0%]
California Community Choice Financing Authority
Callable 10/01/30 @ 101
5.250%, 01/01/54(A)		4,875		5,100

CITY NATIONAL ROCHDALE FUNDS | PAGE 1

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
California County Tobacco Securitization Agency, RB
Callable 12/01/30 @ 100
4.000%, 06/01/49	$	1,000	$	924
California County, Tobacco Securitization Agency, Sub-Ser A, RB
Callable 07/20/23 @ 23
8.585%, 06/01/46(C)		10,000		2,311
California Infrastructure & Economic Development Bank, AMT
Callable 08/04/23 @ 100
3.650%, 01/01/50(A)(B)		2,500		2,489
California Pollution Control Financing Authority, AMT
Callable 07/01/33 @ 100
5.000%, 07/01/34(B)		1,000		1,070
California State, Community Choice Financing Authority, RB
Callable 08/01/32 @ 100
3.000%, 02/01/57(B)		8,500		5,410
California State, Community Choice Financing Authority, Ser B-1-GREEN, RB
Callable 05/01/31 @ 101
4.000%, 02/01/52(A)		3,750		3,725
California State, Municipal Finance Authority, California Baptist University, Ser A, RB
Callable 11/01/25 @ 100
5.500%, 11/01/45(B)		4,000		4,034
California State, Municipal Finance Authority, RB
Callable 09/01/29 @ 103
5.000%, 09/01/52		875		870
California State, Municipal Finance Authority, RB
Callable 11/01/31 @ 100
4.000%, 11/01/36(B)		2,370		2,176
California State, Municipal Finance Authority, Ser A, RB
Callable 12/01/30 @ 100
5.000%, 12/01/46(B)		625		610
California State, Municipal Finance Authority, Ser A, RB
Callable 12/01/30 @ 100
5.000%, 12/01/54(B)		875		838
California State, Municipal Finance Authority, Ser A, RB, AGM
Callable 11/01/32 @ 100
5.250%, 11/01/52		1,000		1,068
California State, Municipal Finance Authority, Ser D, RB
Callable 09/01/29 @ 103
6.000%, 09/01/42		2,000		2,074
Description	Face Amount (000)		Value (000)
California State, Pollution Control Financing Authority, Calplant I Project, RB, AMT
Callable 07/01/27 @ 100
8.000%, 07/01/39(B) (D)	$	5,000	$	250
California State, Pollution Control Financing Authority, RB, AMT
7.500%, 07/01/32(B) (D)		1,275		166
California State, School Finance Authority, KIPP LA Project, Ser A, RB
Callable 07/01/27 @ 100
5.000%, 07/01/47(B)		500		504
California State, School Finance Authority, RB
Callable 08/01/32 @ 100
5.375%, 08/01/42(B)		500		519
California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB
Callable 10/01/24 @ 100
6.000%, 10/01/49		1,120		1,121
California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB
Callable 10/01/24 @ 100
5.875%, 10/01/44		1,000		1,002
California State, School Finance Authority, View Park Elementary & Middle School Project, Ser A, RB
Callable 10/01/24 @ 100
5.625%, 10/01/34		575		578
California State, Statewide Communities Development Authority, RB
Callable 06/01/28 @ 100
5.500%, 12/01/58(B)		1,500		1,488
California State, Statewide Communities Development Authority, RB
Callable 06/01/28 @ 100
5.250%, 12/01/43(B)		500		498
California State, Statewide Communities Development Authority, RB
Callable 12/01/24 @ 100
5.250%, 12/01/44		7,380		7,308
City & County of San Francisco California Community Facilities District No. 2016-1, Ser 2021, SPL Tax
Callable 09/01/27 @ 103
4.000%, 09/01/46		915		798

CITY NATIONAL ROCHDALE FUNDS | PAGE 2

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
City & County of San Francisco California Community Facilities District No. 2016-1, SPL Tax
Callable 09/01/28 @ 103
4.000%, 09/01/42(B)	$	2,250	$	2,022
City & County of San Francisco California Infrastructure & Revitalization Fing Dist No. 1, SPL Tax
Callable 09/01/32 @ 100
5.000%, 09/01/52(B)		1,320		1,258
CMFA Special Finance Agency VII, RB
Callable 08/01/31 @ 100
3.000%, 08/01/56(B)		11,295		7,457
CSCDA Community Improvement Authority, RB
Callable 07/01/32 @ 100
3.250%, 07/01/56(B)		500		350
CSCDA Community Improvement Authority, RB
Callable 06/01/31 @ 100
3.000%, 06/01/47(B)		3,840		2,793
Golden State, Tobacco Securitization, Sub-Ser B-2, RB
Callable 12/01/31 @ 28
7.737%, 06/01/66(C)		38,000		4,130
Golden State, Tobacco Securitization, Sub-Ser, RB
Callable 12/01/31 @ 100
3.850%, 06/01/50		4,065		3,683
Inland Empire, Tobacco Securitization Authority, RB
Callable 07/20/23 @ 43
10.906%, 06/01/36(C)		12,500		5,391
Orange County, Community Facilities District, Ser A, SPL Tax
Callable 08/15/29 @ 103
5.000%, 08/15/47		3,300		3,350
State of California
Callable 09/01/26 @ 100
5.000%, 09/01/27		5,000		5,335
Total California				82,700
Colorado [9.8%]
9th Avenue Metropolitan District No. 2, GO
Callable 12/01/23 @ 103
5.000%, 12/01/48		1,000		899
Amber Creek, Metropolitan District, Ser A, GO
Callable 08/04/23 @ 103
5.125%, 12/01/47		1,041		940
Description	Face Amount (000)		Value (000)
Amber Creek, Metropolitan District, Ser A, GO
Callable 08/04/23 @ 103
5.000%, 12/01/37	$	715	$	681
Banning Lewis Ranch Metropolitan District No. 8, GO
Callable 06/01/26 @ 103
4.875%, 12/01/51(B)		3,500		2,731
Base Village Metropolitan District No. 2, Ser A, GO
Callable 08/04/23 @ 102
5.750%, 12/01/46		3,055		3,062
Broadway Park North Metropolitan District No. 2, GO
Callable 12/01/25 @ 103
5.000%, 12/01/40(B)		1,100		1,053
Broadway Park North Metropolitan District No. 2, GO
Callable 12/01/25 @ 103
5.000%, 12/01/49(B)		1,265		1,169
Broadway Station Metropolitan District No. 2, Ser A, GO
Callable 06/01/24 @ 103
5.000%, 12/01/35		730		581
Broadway Station Metropolitan District No. 3
Callable 06/01/24 @ 103
5.000%, 12/01/49		1,500		1,168
Buffalo Highlands Metropolitan District, Ser A, GO
Callable 12/01/23 @ 103
5.375%, 12/01/48		1,775		1,678
Canyons Metropolitan District No. 5, Ser A, GO
Callable 08/04/23 @ 103
6.125%, 12/01/47		1,000		980
Canyons Metropolitan District No. 5, Ser A, GO
Callable 08/04/23 @ 103
6.000%, 12/01/37		2,000		1,960
Chambers Highpoint Metropolitan District No. 2, GO
Callable 09/01/26 @ 103
5.000%, 12/01/41		515		460
Chambers Highpoint Metropolitan District No. 2, GO
Callable 09/01/26 @ 103
5.000%, 12/01/51		1,505		1,272
City & County of Denver Colorado, RB, AMT
Callable 10/01/23 @ 100
5.000%, 10/01/32		2,000		2,002

CITY NATIONAL ROCHDALE FUNDS | PAGE 3

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Clear Creek Station, Metropolitan District No. 2, Ser A, GO
Callable 08/04/23 @ 103
5.000%, 12/01/47	$	1,000	$	936
Colorado Health Facilities Authority, Ser A
Callable 05/15/28 @ 103
5.000%, 05/15/35		1,170		1,041
Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB
Callable 07/01/25 @ 100
5.250%, 07/01/46(B)		1,930		1,841
Colorado State, Educational & Cultural Facilities Authority, Aspen Ridge School Project, RB
Callable 07/01/25 @ 100
5.000%, 07/01/36(B)		1,415		1,378
Colorado State, Educational & Cultural Facilities Authority, Charter School Preparatory School Project, RB
Pre-Refunded @ 100
5.250%, 04/01/25(B) (E)		2,655		2,743
Colorado State, Educational & Cultural Facilities Authority, Charter School Preparatory School Project, RB
Pre-Refunded @ 100
5.125%, 04/01/25(B) (E)		1,515		1,562
Colorado State, Health Facilities Authority, RB
Callable 05/15/28 @ 100
5.000%, 11/15/48		2,800		2,908
Colorado State, Health Facilities Authority, Ser A, RB
Callable 05/15/28 @ 103
5.000%, 05/15/49		3,000		2,284
Colorado State, Health Facilities Authority, Ser A, RB
Callable 05/15/28 @ 103
5.000%, 05/15/58		5,145		3,751
Colorado State, Health Facilities Authority, Ser A-, RB
Callable 08/01/29 @ 100
4.000%, 08/01/44		4,155		3,881
Colorado State, High Performance Transportation Enterprise, U.S. 36 & I-25 Managed Lanes Project, RB, AMT
Callable 08/04/23 @ 100
5.750%, 01/01/44		2,000		2,000
Constitution Heights Metropolitan District, GO
Callable 06/01/25 @ 103
5.000%, 12/01/49		1,260		1,155
Description	Face Amount (000)		Value (000)
Cottonwood Highlands Metropolitan District No. 1, Ser A, GO
Callable 06/01/24 @ 103
5.000%, 12/01/49	$	1,400	$	1,269
Denver International Business Center Metropolitan District No. 1, Ser A, RB
Callable 06/01/24 @ 100
4.000%, 12/01/48		850		733
Denver, International Business Center Metropolitan District No. 1, Sub-Ser B, GO
Callable 06/01/24 @ 103
6.000%, 12/01/48		2,290		2,282
Erie Highlands, Metropolitan District No. 1, GO, BAM
Callable 12/01/30 @ 100
2.250%, 12/01/40		900		646
Erie Highlands, Metropolitan District No. 2, Ser A, GO
Callable 12/01/23 @ 103
5.250%, 12/01/48		5,725		5,359
First Creek Village Metropolitan District, Ser A, GO
Callable 09/01/24 @ 103
5.000%, 12/01/39		595		587
First Creek Village Metropolitan District, Ser A, GO
Callable 09/01/24 @ 103
5.000%, 08/01/49		1,085		1,013
First Creek Village Metropolitan District, Ser A, GO
Callable 09/01/24 @ 103
3.000%, 12/01/29		500		441
Four Corners Business Improvement District, GO
Callable 09/01/27 @ 103
6.000%, 12/01/52		1,130		1,038
Green Valley Ranch East Metropolitan District No. 6, Ser A, GO
Callable 09/01/25 @ 103
5.875%, 12/01/50		1,195		1,147
Greenways Metropolitan District No. 1, Ser A, GO
Callable 09/01/26 @ 103
4.625%, 12/01/51		3,685		2,602
Jefferson Center, Metropolitan District No. 1, Ser A-2, RB
Callable 12/01/23 @ 103
4.375%, 12/01/47		750		612
Jefferson Center, Metropolitan District No. 1, Ser A-2, RB
Callable 12/01/23 @ 103
4.125%, 12/01/40		575		485

CITY NATIONAL ROCHDALE FUNDS | PAGE 4

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Karl's Farm Metropolitan District No. 2, Ser A, GO
Callable 09/01/25 @ 103
5.625%, 12/01/50(B)	$	1,900	$	1,761
Karl's Farm Metropolitan District No. 2, Ser A, GO
Callable 09/01/25 @ 103
5.375%, 12/01/40(B)		645		609
Legato Community Authority, Ser A-1, RB
Callable 06/01/26 @ 103
5.000%, 12/01/51		1,025		859
Legato Community Authority, Ser A-2, RB
Callable 06/01/26 @ 101
0.000%, 12/01/51		7,335		4,774
Meadowlark Metropolitan District, Ser A-SENIOR-LIMITED, GO
Callable 09/01/25 @ 103
5.125%, 12/01/50		750		656
Mirabelle Metropolitan District No. 2, Ser A, GO
Callable 03/01/25 @ 103
5.000%, 12/01/49		1,950		1,738
North Holly, Metropolitan District, Ser A, GO
Callable 12/01/23 @ 103
5.500%, 12/01/48		1,755		1,693
North Range Metropolitan District No. 3, Ser A, GO
Callable 12/01/25 @ 103
5.250%, 12/01/50		3,000		2,733
Rampart Range Metropolitan District No. 5, RB
Callable 10/01/26 @ 102
4.000%, 12/01/51		3,725		2,663
Regional Transportation District, RB
4.000%, 07/15/40		500		490
Senac South Metropolitan District No. 1, Ser A, GO
Callable 12/01/26 @ 103
5.250%, 12/01/51		5,000		4,302
Serenity Ridge, Metropolitan District No. 2, Ser A, GO
Pre-Refunded @ 100
5.125%, 12/01/23(E)		550		570
Serenity Ridge, Metropolitan District No. 2, Ser A, GO
Pre-Refunded @ 100
5.125%, 12/01/23(E)		1,000		1,037
Southglenn, Metropolitan District, GO
Callable 08/04/23 @ 102
5.000%, 12/01/46		1,575		1,458
Spring Hill, Metropolitan District No. 3, Ser A, GO
Callable 12/01/27 @ 103
6.750%, 12/01/52(B)		5,000		5,066
Description	Face Amount (000)		Value (000)
Stone Creek, Metropolitan District, Ser A, GO
Callable 12/01/23 @ 103
5.625%, 12/01/47	$	2,000	$	1,960
Trails at Crowfoot Metropolitan District No. 3, Ser ES, GO
Callable 09/01/24 @ 103
5.000%, 12/01/49		3,620		3,285
Verve Metropolitan District No. 1, GO
Callable 03/01/26 @ 103
5.000%, 12/01/51		5,000		4,352
Village at Dry Creek Metropolitan District No. 2, GO
Callable 09/01/24 @ 103
4.375%, 12/01/44		1,536		1,289
Villas Metropolitan District, Ser A, GO
Callable 12/01/23 @ 103
5.125%, 12/01/48		1,246		1,158
Water Valley, Metropolitan District No. 01, GO
Callable 12/01/26 @ 100
5.250%, 12/01/40		545		537
Water Valley, Metropolitan District No. 01, GO
Callable 12/01/26 @ 100
5.000%, 12/01/35		100		98
Water Valley, Metropolitan District No. 01, GO
Callable 12/01/26 @ 100
4.000%, 12/01/33		375		338
Water Valley, Metropolitan District No. 02, GO
Callable 12/01/26 @ 100
5.250%, 12/01/40		1,045		1,032
Water Valley, Metropolitan District No. 02, GO
Callable 12/01/26 @ 100
4.000%, 12/01/33		250		226
Waterview II Metropolitan District, Ser A, GO
Callable 03/01/27 @ 103
5.000%, 12/01/41		980		897
Waterview II Metropolitan District, Ser A, GO
Callable 03/01/27 @ 103
5.000%, 12/01/51		2,500		2,167
Westcreek Metropolitan District No. 2, Ser A, GO
Callable 06/01/24 @ 103
5.375%, 12/01/48		1,300		1,233
Wild Plum Metropolitan District, Ser A, GO
Pre-Refunded @ 100
5.000%, 12/01/24(E)		595		624
Willow Bend Metropolitan District, Ser A, GO
Callable 09/01/24 @ 103
5.000%, 12/01/39		600		573

CITY NATIONAL ROCHDALE FUNDS | PAGE 5

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Willow Bend Metropolitan District, Ser A, GO
Callable 09/01/24 @ 103
5.000%, 12/01/49	$	1,000	$	898
Wyndham Hill Metropolitan District No. 2, Ser A, GO, BAM
Callable 12/01/28 @ 100
4.000%, 12/01/49		1,500		1,410
Total Colorado				116,816
Connecticut [0.1%]
Steel Point Infrastructure Improvement District, TA
Callable 04/01/30 @ 100
4.000%, 04/01/51(B)		1,280		957
Delaware [0.2%]
Delaware State, Economic Development Authority, Ser V, RB
Callable 10/01/25 @ 100
1.250%, 10/01/45(A)		2,000		1,825
District of Columbia [0.9%]
District of Columbia, Ser A
Callable 09/01/29 @ 100
4.000%, 03/01/39		6,005		6,085
Metropolitan Washington, Airports Authority, Dulles Toll Road Revenue, Sub-Ser, RB
Callable 10/01/29 @ 100
4.000%, 10/01/49		4,965		4,623
Total District of Columbia				10,708
Florida [6.9%]
Alachua County, Health Facilities Authority, RB
Callable 11/15/24 @ 100
6.375%, 11/15/49		5,190		3,628
Capital Trust Agency, RB
Callable 01/01/29 @ 100
5.375%, 07/01/54(B)		1,500		1,391
Capital Trust Agency, RB
Callable 01/01/29 @ 100
5.125%, 07/01/39(B)		1,500		1,427
Capital Trust Agency, RB
Callable 06/15/26 @ 100
5.000%, 06/15/39(B)		3,610		3,376
Capital Trust Agency, RB
Callable 06/15/26 @ 100
4.000%, 06/15/41(B)		2,250		1,821
Charlotte County, Industrial Development Authority, RB
Callable 10/01/31 @ 100
5.000%, 10/01/36(B)		2,265		1,970
Charlotte County, Industrial Development Authority, RB, AMT
Callable 10/01/31 @ 100
4.000%, 10/01/41(B)		500		412
Description	Face Amount (000)		Value (000)
Charlotte County, Industrial Development Authority, RB, AMT
Callable 10/01/31 @ 100
4.000%, 10/01/51(B)	$	905	$	690
County of Monroe Florida Airport Revenue, Ser 202, RB, AMT
Callable 10/01/32 @ 100
5.000%, 10/01/52		750		750
County of Osceola Florida Transportation Revenue, Ser A-2, RB
Callable 10/01/29 @ 49
3.474%, 10/01/49(C)		1,325		319
Florida Development Finance, AMT
Callable 04/02/26 @ 100
6.125%, 07/01/32(A)(B)		2,970		2,989
Florida Development Finance, AMT
5.250%, 08/01/29(B)		1,375		1,325
Florida State, Development Finance, RB
Callable 06/15/32 @ 100
5.750%, 06/15/47		2,750		2,821
Florida State, Development Finance, RB
Callable 06/01/27 @ 103
5.250%, 06/01/50(B)		750		615
Florida State, Development Finance, RB
Callable 06/01/28 @ 103
5.000%, 06/01/35(B)		200		185
Florida State, Development Finance, RB
Callable 09/15/27 @ 100
5.000%, 09/15/40(B)		1,045		927
Florida State, Development Finance, RB
Callable 09/15/27 @ 100
5.000%, 09/15/50(B)		1,950		1,607
Florida State, Development Finance, RB
Callable 06/01/28 @ 103
5.000%, 06/01/51(B)		1,750		1,384
Florida State, Development Finance, RB
Callable 07/01/32 @ 100
5.000%, 07/01/51		780		755
Florida State, Development Finance, RB
Callable 06/01/28 @ 103
4.000%, 06/01/55(B)		2,500		1,543
Florida State, Development Finance, RB, AMT
Callable 01/01/24 @ 107
7.375%, 01/01/49(B)		5,000		4,950
Florida State, Development Finance, RB, AMT
Callable 08/04/23 @ 104
7.250%, 07/01/57(A)(B)		3,000		3,051

CITY NATIONAL ROCHDALE FUNDS | PAGE 6

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Florida State, Development Finance, RB, AMT
Callable 08/04/23 @ 104
5.000%, 05/01/29(B)	$	3,500	$	3,335
Florida State, Development Finance, Renaissance Charter School Project, RB
Callable 06/15/25 @ 100
6.125%, 06/15/46(B)		4,930		4,938
Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB
Callable 06/15/24 @ 100
6.125%, 06/15/44(B)		3,000		3,029
Florida State, Development Finance, Renaissance Charter School Project, Ser A, RB
Callable 06/15/24 @ 100
6.000%, 06/15/34(B)		2,110		2,134
Lakewood Ranch, Stewardship District, SAB
Callable 05/01/27 @ 100
5.250%, 05/01/37		1,810		1,831
Miami-Dade County, Industrial Development Authority, Pinecrest Academy Project, RB
Callable 09/15/24 @ 100
5.250%, 09/15/44		4,550		4,595
Miami-Dade County, Industrial Development Authority, Youth CO-OP Charter Schools Project, Ser A, RB
Callable 09/15/25 @ 100
5.750%, 09/15/35(B)		1,605		1,607
Mid-Bay, Bridge Authority, Ser A, RB
Callable 10/01/25 @ 100
5.000%, 10/01/35		5,000		5,069
Osceola County, Finance Authority, Poinciana Parkway Project, Ser A, RB
Pre-Refunded @ 100
5.375%, 10/01/24(E)		5,000		5,128
Osceola County, Transportation Revenue, Ser A-1, RB
Callable 10/01/29 @ 100
5.000%, 10/01/49		1,045		1,061
Osceola County, Transportation Revenue, Ser A-1, RB
Callable 10/01/29 @ 100
4.000%, 10/01/54		800		696
Palm Beach County, Health Facilities Authority, RB
Callable 11/15/26 @ 100
5.000%, 11/15/32		1,500		1,519
Description	Face Amount (000)		Value (000)
Palm Beach County, Health Facilities Authority, RB
Callable 06/01/25 @ 103
5.000%, 06/01/55	$	2,395	$	2,023
Village Community Development District No. 12, SAB
Callable 05/01/28 @ 100
4.250%, 05/01/43		2,290		2,111
Village Community Development District No. 14, SAB
Callable 05/01/30 @ 100
5.375%, 05/01/42		2,540		2,619
Village Community Development District No. 8, SAB, AGM
Callable 05/01/30 @ 100
4.500%, 05/01/39		2,105		2,180
Total Florida				81,811
Georgia [1.5%]
Atlanta, Airport Passenger Facility Charge, Sub-Ser, RB, AMT
Callable 07/01/29 @ 100
4.000%, 07/01/38		4,000		3,966
Atlanta, Department of Aviation, Ser A, RB
Callable 01/01/24 @ 100
5.000%, 01/01/31		2,500		2,519
Cobb County Kennestone Hospital Authority, RB
Callable 04/01/32 @ 100
4.000%, 04/01/52		3,365		3,047
Gainesville & Hall County, Development Authority, Riverside Military Academy, RB
Callable 03/01/27 @ 100
5.000%, 03/01/47		4,000		2,938
Main Street Natural Gas, Ser A, RB
Callable 05/15/29 @ 100
5.000%, 05/15/43		600		601
Main Street Natural Gas, Ser C, RB
Callable 05/01/27 @ 101
4.000%, 08/01/52(A)(B)		4,500		4,350
Savannah, Economic Development Authority, Marshes Skidaway Island Project, RB
Pre-Refunded @ 100
7.250%, 01/01/24(E)		810		825
Total Georgia				18,246
Illinois [11.5%]
Aurora, Tax Increase Revenue, Ser A, RB
5.000%, 12/30/27		600		588

CITY NATIONAL ROCHDALE FUNDS | PAGE 7

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Bridgeview Village, Ser A, GO
Callable 12/01/25 @ 100
5.750%, 12/01/35	$	2,000	$	2,006
Bridgeview Village, Ser A, GO
Callable 06/01/24 @ 100
5.500%, 12/01/43		4,880		4,519
Chicago, Board of Education, Ser A, GO
Callable 12/01/28 @ 100
5.000%, 12/01/34		1,000		1,031
Chicago, Board of Education, Ser A, GO
Callable 12/01/28 @ 100
5.000%, 12/01/35		1,250		1,282
Chicago, Board of Education, Ser A, GO
Callable 12/01/30 @ 100
5.000%, 12/01/35		2,300		2,389
Chicago, Board of Education, Ser B, GO
Callable 12/01/27 @ 100
7.000%, 12/01/42(B)		5,250		5,692
Chicago, Board of Education, Ser B, GO
Callable 12/01/31 @ 100
4.000%, 12/01/40		2,500		2,277
Chicago, Board of Education, Ser D, GO
Callable 12/01/28 @ 100
5.000%, 12/01/46		2,300		2,256
Chicago, Board of Education, Ser G, GO
Callable 12/01/27 @ 100
5.000%, 12/01/34		2,000		2,047
Chicago, Midway International Airport, Ser A, RB, AMT
Callable 01/01/24 @ 100
5.000%, 01/01/41		485		485
Chicago, Midway International Airport, Ser B, RB
Callable 08/04/23 @ 100
5.000%, 01/01/35		2,000		2,002
Chicago, O'Hare International Airport, RB, AMT
Callable 01/01/32 @ 100
5.000%, 01/01/48		4,750		4,948
Chicago, Ser A, GO
Callable 01/01/27 @ 100
6.000%, 01/01/38		9,000		9,575
Chicago, Ser A, GO
Callable 01/01/29 @ 100
5.500%, 01/01/35		5,000		5,397
Chicago, Ser A, GO
5.000%, 01/01/27		1,750		1,832
Chicago, Ser A, GO
Callable 01/01/24 @ 100
5.000%, 01/01/30		1,000		1,008
Description	Face Amount (000)		Value (000)
Chicago, Ser A, GO
Callable 01/01/29 @ 100
5.000%, 01/01/40	$	1,500	$	1,544
Chicago, Ser C, GO
5.000%, 01/01/26		2,000		2,069
County of Cook Illinois, Ser A, GO
Callable 11/15/26 @ 100
5.000%, 11/15/31		2,400		2,523
Illinois Finance Authority
Callable 12/01/29 @ 100
5.000%, 12/01/44		2,175		2,197
Illinois State, Finance Authority, Columbia College Chicago, Ser S, RB
Callable 12/01/25 @ 100
4.125%, 12/01/30		1,505		1,502
Illinois State, Finance Authority, Presence Health Network, Ser C, RB
Callable 02/15/27 @ 100
5.000%, 02/15/36		1,935		2,029
Illinois State, Finance Authority, Presence Health Network, Ser C, RB
Callable 02/15/27 @ 100
5.000%, 02/15/41		1,000		1,033
Illinois State, Finance Authority, RB
Callable 11/15/29 @ 103
6.500%, 05/15/42		1,000		1,027
Illinois State, Finance Authority, RB
Callable 11/15/29 @ 103
6.500%, 05/15/47		1,000		1,016
Illinois State, Finance Authority, RB
Callable 01/01/30 @ 102
6.375%, 01/01/48(B)		4,330		4,288
Illinois State, Finance Authority, RB
Callable 09/01/29 @ 100
5.000%, 09/01/40		250		227
Illinois State, Finance Authority, RB
Callable 12/01/29 @ 100
5.000%, 12/01/49		3,420		3,432
Illinois State, Finance Authority, RB
Callable 09/01/32 @ 100
5.000%, 03/01/52		830		775
Illinois State, Finance Authority, RB
Callable 04/01/31 @ 100
4.000%, 10/01/32		400		373
Illinois State, Finance Authority, RB
Callable 04/01/31 @ 100
4.000%, 10/01/33		350		324
Illinois State, Finance Authority, RB
Callable 09/01/29 @ 100
4.000%, 09/01/37		350		292

CITY NATIONAL ROCHDALE FUNDS | PAGE 8

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Illinois State, Finance Authority, RB
Callable 04/01/31 @ 100
4.000%, 10/01/38	$	230	$	195
Illinois State, Finance Authority, RB
Callable 10/01/30 @ 100
4.000%, 10/01/40		4,250		3,912
Illinois State, Finance Authority, Ser A, RB
Callable 10/01/28 @ 101
6.125%, 04/01/49(B)		4,995		4,691
Illinois State, Finance Authority, Ser A, RB
Callable 10/01/28 @ 101
6.000%, 04/01/38(B)		2,195		2,102
Illinois State, Finance Authority, Ser A, RB
Callable 05/15/25 @ 100
5.000%, 11/15/38		1,010		1,022
Illinois State, Finance Authority, Ser A, RB
Callable 11/01/26 @ 103
5.000%, 11/01/49		2,000		1,624
Illinois State, Finance Authority, Ser B-1, RB
Callable 05/15/24 @ 100
5.000%, 05/15/50(A)		1,500		1,515
Illinois State, Finance Authority, Wesleyan University, RB
Callable 09/01/26 @ 100
4.000%, 09/01/41		6,640		6,171
Illinois State, GO
Callable 05/01/24 @ 100
5.000%, 05/01/27		5,000		5,055
Illinois State, GO
Callable 05/01/24 @ 100
5.000%, 05/01/31		5,000		5,060
Illinois State, GO
Callable 05/01/24 @ 100
5.000%, 05/01/35		5,000		5,040
Illinois State, Housing Development Authority, Stonebridge Gurnee Project, Ser A, RB
Callable 01/01/26 @ 100
5.600%, 01/01/56(B)		5,200		3,574
Morton Grove, Tax Increment Revenue, RB
Callable 01/01/26 @ 100
5.000%, 01/01/39		2,000		1,834
Morton Grove, Tax Increment Revenue, RB
Callable 01/01/26 @ 100
4.250%, 01/01/29		785		750
Romeoville Village, Lewis University, Ser B, RB
Callable 04/01/25 @ 100
4.125%, 10/01/41		1,250		1,075
Description	Face Amount (000)		Value (000)
Romeoville Village, Lewis University, Ser B, RB
Callable 04/01/25 @ 100
4.125%, 10/01/46	$	1,500	$	1,231
Southwestern Illinois, Development Authority, Collinsville Project, RB
Callable 08/04/23 @ 100
5.350%, 03/01/31		75		50
State of Illinois, GO
5.000%, 02/01/26		1,000		1,037
Upper Illinois River Valley Development Authority
Callable 12/01/28 @ 100
5.000%, 12/01/48		2,000		2,011
Village of Bolingbrook, Special Service Area No. 1, SPL Tax
Callable 03/01/28 @ 100
5.250%, 03/01/41		3,500		3,242
Village of Gilberts, RB
Callable 07/20/23 @ 100
5.000%, 11/15/34		2,419		2,263
Village of Hodgkins, Redevelopment Project Area #4, TA
Callable 01/01/27 @ 100
5.625%, 01/01/37		4,705		4,620
Village of Lincolnwood Il, Ser A, RB
Callable 11/10/26 @ 100
4.820%, 01/01/41(B)		2,415		2,210
Village of Matteson Illinois, GO
Callable 12/01/26 @ 100
6.500%, 12/01/35		965		992
Village of Villa Park Illinois, TA
Callable 12/31/28 @ 100
0.000%, 12/31/38		1,680		1,272
Total Illinois				136,533
Indiana [1.4%]
Anderson Indiana, RB
Callable 01/01/27 @ 102
5.375%, 01/01/40(B)		2,745		2,212
Anderson Indiana, RB
5.000%, 01/01/25		250		242
Indiana State, Finance Authority, RB, AMT
Callable 11/01/30 @ 100
6.750%, 05/01/39		1,750		1,972
Indiana State, Finance Authority, Ser A-, RB
4.250%, 11/01/30		2,500		2,487
Indiana State, Housing & Community Development Authority, Ser A, RB
Callable 04/01/29 @ 102
5.250%, 04/01/41(B)		5,750		4,539

CITY NATIONAL ROCHDALE FUNDS | PAGE 9

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Lafayette City, Finance Authority, Glasswater Creek Project, RB
Callable 07/01/26 @ 101
5.800%, 01/01/37	$	3,310	$	2,863
Terre Haute, Westminster Village Project, RB
Callable 08/04/23 @ 100
6.000%, 08/01/39		2,355		2,090
Total Indiana				16,405
Iowa [0.5%]
Iowa State, Finance Authority, Child Serve Project, Ser B, RB
Callable 06/01/25 @ 100
5.000%, 06/01/36		2,000		1,835
Iowa State, Tobacco Settlement Authority, Sub-Ser B, RB
Callable 06/01/31 @ 26
7.674%, 06/01/65(C)		14,000		1,609
PEFA, RB
Callable 06/01/26 @ 101
5.000%, 09/01/49(A)		2,000		2,039
Total Iowa				5,483
Kansas [0.5%]
University of Kansas Hospital Authority, RB
Pre-Refunded @ 100
4.000%, 03/01/27(E)		1,330		1,379
University of Kansas Hospital Authority, RB
Callable 03/01/27 @ 100
4.000%, 03/01/42		1,170		1,114
Wichita City, Masonic Home, Ser II-A, RB
Callable 12/01/26 @ 100
5.375%, 12/01/46(D)		1,500		255
Wichita City, Masonic Home, Ser II-A, RB
Callable 12/01/26 @ 100
5.250%, 12/01/36(D)		500		85
Wyandotte County, Kansas City Unified Government, RB
Callable 09/01/25 @ 100
5.750%, 09/01/32		4,080		3,503
Total Kansas				6,336
Kentucky [0.7%]
County of Trimble Kentucky, RB, AMT
1.300%, 09/01/44(A)		1,000		842
Henderson Kentucky, RB, AMT
Callable 01/01/32 @ 100
4.700%, 01/01/52(B)		500		476
Description	Face Amount (000)		Value (000)
Kentucky State, Economic Development Finance Authority, Masonic Home Independent Living, RB
Callable 05/15/26 @ 100
5.000%, 05/15/46	$	4,500	$	3,393
Kentucky State, Economic Development Finance Authority, Ser A-, RB
Callable 08/01/29 @ 100
5.000%, 08/01/44		1,000		1,032
Kentucky State, Public Energy Authority, Ser B, RB
Callable 10/01/24 @ 100
4.000%, 01/01/49(A)		2,500		2,500
Total Kentucky				8,243
Louisiana [0.8%]
Juban Crossing, Economic Development District, General Infrastructure Project, Ser C, RB
Callable 03/15/25 @ 100
7.000%, 09/15/44(B)		5,450		5,469
Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT
Callable 08/04/23 @ 100
10.500%, 07/01/39(D)		1,435		—
Louisiana State, Public Facilities Authority, Pellets Project, RB, AMT
7.000%, 07/01/24(B) (D)		1,319		—
Louisiana State, Public Facilities Authority, Pellets Project, Ser A, RB, AMT
Callable 07/01/24 @ 100
8.375%, 07/01/39(D)		3,474		—
Parish of State John the Baptist Louisiana, RB
2.200%, 06/01/37(A)		4,000		3,776
Total Louisiana				9,245
Maine [0.1%]
Maine State, Financing Authority, Casella Waste Systems Project, RB, AMT
4.375%, 08/01/35(A)(B)		1,000		994
Maryland [2.2%]
Baltimore Maryland, Sub-Ser, RB
Callable 06/01/31 @ 100
5.000%, 06/01/51		800		762
Baltimore Maryland, Sub-Ser, RB
Callable 06/01/31 @ 100
4.875%, 06/01/42		740		709
Baltimore, Harbor Point Project, RB
Callable 06/01/26 @ 100
5.000%, 06/01/36		1,000		1,006

CITY NATIONAL ROCHDALE FUNDS | PAGE 10

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Baltimore, RB
Callable 06/01/29 @ 100
3.625%, 06/01/46(B)	$	1,370	$	1,103
Baltimore, RB
Callable 06/01/29 @ 100
3.500%, 06/01/39(B)		650		540
Baltimore, Sub-Ser B, RB
Callable 07/25/23 @ 100
3.875%, 06/01/46(B)		350		283
Baltimore, Sub-Ser B, RB
Callable 07/25/23 @ 100
3.700%, 06/01/39(B)		200		167
Brunswick, RB
Callable 01/01/29 @ 100
5.000%, 07/01/36		1,550		1,569
Brunswick, RB
Callable 01/01/29 @ 100
4.000%, 07/01/29		945		924
Frederick County, RB
Callable 07/01/29 @ 100
3.750%, 07/01/39		1,410		1,238
Howard County, Annapolis Junction Town Center Project, TA
Callable 02/15/24 @ 100
6.100%, 02/15/44		1,425		1,381
Howard County, Annapolis Junction Town Center Project, TA
Callable 02/15/24 @ 100
5.800%, 02/15/34		725		709
Howard County, Downtown Columbia Project, Ser A, TA
Callable 02/15/26 @ 100
4.500%, 02/15/47(B)		1,250		1,135
Howard County, Downtown Columbia Project, Ser A, TA
Callable 02/15/26 @ 100
4.375%, 02/15/39(B)		1,000		943
Maryland State, Economic Development, GO
Callable 09/01/30 @ 100
4.000%, 09/01/40		875		789
Maryland State, Economic Development, GO
Callable 09/01/30 @ 100
4.000%, 09/01/50		875		743
Maryland State, Health & Higher Educational Facilities Authority, Ser A, RB
Callable 05/15/27 @ 100
5.000%, 05/15/45		5,000		5,123
Prince George's County, RB
Callable 07/01/28 @ 100
5.250%, 07/01/48(B)		2,000		1,968
Prince George's County, RB
Callable 07/01/28 @ 100
5.125%, 07/01/39(B)		1,000		989
Description	Face Amount (000)		Value (000)
Westminster, Luther Village Millers Grant Project, RB
Callable 07/01/24 @ 100
6.250%, 07/01/44	$	3,780	$	3,804
Westminster, Luther Village Millers Grant Project, RB
Callable 07/01/24 @ 100
6.125%, 07/01/39		750		755
Westminster, Luther Village Millers Grant Project, RB
Callable 07/01/24 @ 100
6.000%, 07/01/34		1,205		1,215
Total Maryland				27,855
Massachusetts [0.9%]
Massachusetts State, Development Finance Agency, Emmanuel College, Ser A, RB
Callable 10/01/26 @ 100
5.000%, 10/01/36		2,305		2,321
Massachusetts State, Development Finance Agency, RB
Callable 07/01/28 @ 103
5.000%, 07/01/51(B)		2,500		1,976
Massachusetts State, Development Finance Agency, RB
Callable 07/01/28 @ 103
5.000%, 07/01/56(B)		1,910		1,472
Massachusetts State, Development Finance Agency, Ser A, RB
Callable 10/01/26 @ 100
5.000%, 10/01/43		4,905		4,789
Total Massachusetts				10,558
Michigan [1.9%]
Detroit City, GO
Callable 04/01/28 @ 100
5.000%, 04/01/38		625		627
Kalamazoo Economic Development, RB
Callable 08/15/28 @ 103
5.000%, 08/15/51(B)		1,505		1,175
Kalamazoo Economic Development, RB
Callable 05/15/27 @ 103
5.000%, 05/15/55		3,750		2,985
Michigan State, Finance Authority, Hospital Presbyterian Village, RB
Callable 11/15/25 @ 100
5.250%, 11/15/35		2,340		2,169
Michigan State, Finance Authority, Old Redford School Project, Ser A, RB
Callable 08/04/23 @ 100
6.500%, 12/01/40		3,745		3,594

CITY NATIONAL ROCHDALE FUNDS | PAGE 11

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Michigan State, Hospital Finance Authority, Ser Senior CR, RB
Callable 05/15/30 @ 100
5.000%, 11/15/47	$	4,000	$	4,142
Michigan State, Public Educational Facilities Authority, Old Redford Project, Ser A, RB
Callable 08/04/23 @ 100
5.875%, 12/01/30		2,000		1,948
Michigan State, Tobacco Settlement Finance Authority, Ser C, RB
Callable 06/01/33 @ 11
9.250%, 06/01/58(C)		28,000		1,112
Michigan Strategic Fund
Callable 08/15/28 @ 103
5.000%, 08/15/41(B)		895		757
State of Michigan Trunk Line Revenue
Callable 11/15/30 @ 100
4.000%, 11/15/39		5,000		5,103
Total Michigan				23,612
Minnesota [0.7%]
Anoka, Housing Revenue Authority, Homestead Project, RB
Callable 11/01/24 @ 103
4.750%, 11/01/35		3,000		2,615
Bethel, Senior Housing Revenue, Lodge at Lakes at Stillwater Project, RB
Callable 08/04/23 @ 102
5.250%, 06/01/58		2,840		2,369
Duluth Economic Development Authority, RB
Callable 07/01/26 @ 103
4.000%, 07/01/41		1,860		1,456
Minneapolis State, Riverton Community Housing Project, RB
Callable 08/01/24 @ 102
5.000%, 08/01/53(B)		500		480
Minneapolis State, Riverton Community Housing Project, RB
Callable 08/01/24 @ 102
4.750%, 08/01/43(B)		1,600		1,487
Total Minnesota				8,407
Missouri [2.8%]
Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SAB
Callable 08/04/23 @ 100
4.000%, 03/01/42		1,000		822
Description	Face Amount (000)		Value (000)
Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SAB
Callable 08/04/23 @ 100
3.625%, 03/01/33	$	500	$	437
Hanley, Transportation Development, Eager Road Transportation Development District, Ser A, SAB
Callable 08/04/23 @ 100
3.000%, 03/01/26		285		272
Kansas City, Industrial Development Authority, Ser A, RB
Callable 04/01/26 @ 100
5.000%, 04/01/36(B)		2,000		1,862
Kirkwood Industrial Development Authority, RB
Callable 05/15/27 @ 100
5.250%, 05/15/30		2,515		2,348
Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB
Callable 08/15/24 @ 102
5.000%, 08/15/46		2,000		1,599
Lees Summit, Industrial Development Authority, John Knox Village, Ser A, RB
Callable 08/15/24 @ 102
5.000%, 08/15/51		500		386
Lees Summit, Industrial Development Authority, RB
Callable 08/15/25 @ 103
5.000%, 08/15/42		2,400		1,991
Maryland Heights Missouri, GO
Callable 11/01/29 @ 100
4.125%, 11/01/38		1,950		1,628
Missouri State, Health & Educational Facilities Authority, RB
Callable 08/01/31 @ 100
4.000%, 08/01/36		440		378
Missouri State, Health & Educational Facilities Authority, RB
Callable 08/01/31 @ 100
4.000%, 08/01/41		410		324
Poplar Bluff, Ser A, TA
Callable 11/01/23 @ 100
5.125%, 11/01/35(B)		4,550		4,261

CITY NATIONAL ROCHDALE FUNDS | PAGE 12

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
St. Louis County, Industrial Development Authority, Manchester Ballas Community, RB
Callable 09/01/24 @ 100
5.250%, 09/01/45(B)	$	3,000	$	2,705
St. Louis County, Industrial Development Authority, Manchester Ballas Community, RB
Callable 09/01/24 @ 100
5.000%, 09/01/38(B)		2,000		1,846
St. Louis County, Industrial Development Authority, RB
Callable 09/01/25 @ 103
5.250%, 09/01/53		2,000		1,711
St. Louis, Industrial Development Authority, Ballpark Village Development Project, RB
Callable 11/15/26 @ 100
4.375%, 11/15/35		2,250		1,796
St. Louis, Industrial Development Authority, Ballpark Village Development Project, RB
Callable 11/15/26 @ 100
3.875%, 11/15/29		1,225		1,061
St. Louis, Industrial Development Authority, Innovation District Project, TA
Callable 05/15/24 @ 100
4.375%, 05/15/36		2,500		2,355
St. Louis, Industrial Development Authority, RB
Callable 05/15/29 @ 100
5.000%, 05/15/41		3,250		3,227
University City Industrial Development Authority, Ser A
Callable 06/15/33 @ 100
4.875%, 06/15/36		1,900		1,901
Total Missouri				32,910
Nebraska [0.2%]
Central Plains Energy Project, Ser 1
Callable 07/01/29 @ 100
5.000%, 05/01/53(A)		1,750		1,814
Nevada [1.3%]
Henderson Local Improvement Districts
Callable 03/01/33 @ 100
5.000%, 03/01/43		930		904
Henderson Local Improvement Districts, SAB
Callable 09/01/31 @ 100
4.000%, 09/01/51		250		196
Description	Face Amount (000)		Value (000)
Henderson Local Improvement Districts, SAB
Callable 09/01/31 @ 100
3.500%, 09/01/45	$	700	$	511
Las Vegas, Finance Authority, RB
Callable 07/25/23 @ 100
4.375%, 06/15/35(B)		2,400		2,195
Las Vegas, Special Improvement District No. 611, RB
Callable 06/01/30 @ 100
4.125%, 06/01/50		870		729
Las Vegas, Special Improvement District No. 612 Skye Hills, GO
Callable 06/01/30 @ 100
3.750%, 06/01/42		745		593
Las Vegas, Special Improvement District No. 612 Skye Hills, GO
Callable 06/01/30 @ 100
3.500%, 06/01/35		200		167
Las Vegas, Special Improvement District No. 812, SAB
Callable 12/01/25 @ 100
5.000%, 12/01/35		895		901
Las Vegas, Special Improvement District No. 814, GO
Callable 06/01/29 @ 100
4.000%, 06/01/44		705		603
Las Vegas, Special Improvement District No. 815, GO
Callable 12/01/30 @ 100
4.750%, 12/01/40		745		717
Las Vegas, Special Improvement District No. 816, SPA
Callable 06/01/31 @ 100
3.125%, 06/01/46		2,290		1,565
Las Vegas, Special Improvement District No. 816, SPA
Callable 06/01/31 @ 100
3.125%, 06/01/51		1,060		683
Las Vegas, Special Improvement District No. 816, SPA
Callable 06/01/31 @ 100
3.000%, 06/01/41		950		691
Nevada State, Department of Business & Industry, Green-Fulcrum Sierra Biofuels, RB, AMT
Callable 12/15/27 @ 100
6.250%, 12/15/37(B)		100		91

CITY NATIONAL ROCHDALE FUNDS | PAGE 13

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB
Callable 12/15/25 @ 100
5.000%, 12/15/35(B)	$	1,595	$	1,569
Nevada State, Department of Business & Industry, Sumerset Academy, Ser A, RB
Callable 12/15/25 @ 100
5.000%, 12/15/48(B)		1,000		891
Reno Nevada, Sub-Ser, RB
Callable 07/01/38 @ 31
6.325%, 07/01/58(B)(C)		17,000		2,198
Total Nevada				15,204
New Hampshire [0.7%]
New Hampshire, Business Finance Authority, RB
Callable 01/01/26 @ 103
4.000%, 01/01/41		1,000		830
New Hampshire, Business Finance Authority, RB
Callable 01/01/26 @ 103
4.000%, 01/01/51		1,000		760
New Hampshire, Business Finance Authority, Ser A, RB
Callable 07/01/25 @ 103
5.750%, 07/01/54(B)		1,250		1,122
New Hampshire, Business Finance Authority, Ser A, RB
Callable 07/01/25 @ 103
5.625%, 07/01/46(B)		500		452
New Hampshire, Business Finance Authority, Ser B, RB, AMT
Callable 07/01/25 @ 100
3.750%, 07/01/45(A)(B)		6,915		5,371
Total New Hampshire				8,535
New Jersey [2.7%]
New Jersey Economic Development Authority
Pre-Refunded @ 100
5.000%, 12/15/28(E)		370		412
New Jersey Economic Development Authority
Callable 12/15/28 @ 100
5.000%, 06/15/43		630		656
New Jersey State, Economic Development Authority, Continental Airlines Project, RB, AMT
Callable 08/04/23 @ 101
5.250%, 09/15/29		750		752
New Jersey State, Economic Development Authority, RB
Callable 11/01/29 @ 100
4.000%, 11/01/37		1,100		1,102
Description	Face Amount (000)		Value (000)
New Jersey State, Economic Development Authority, RB, AMT
Callable 03/05/24 @ 101
5.625%, 11/15/30	$	1,000	$	1,016
New Jersey State, Economic Development Authority, RB, AMT
Callable 10/01/27 @ 100
5.000%, 10/01/37		3,830		3,893
New Jersey State, Economic Development Authority, Ser A, RB
Callable 12/15/27 @ 100
5.000%, 06/15/42		1,155		1,192
New Jersey State, Economic Development Authority, Ser A, RB
Callable 12/15/27 @ 100
5.000%, 06/15/47		1,230		1,264
New Jersey State, Transportation Trust Fund Authority, Ser AA, RB
Callable 06/15/25 @ 100
5.250%, 06/15/41		5,245		5,337
New Jersey State, Transportation Trust Fund Authority, Ser BB, RB
Callable 12/15/28 @ 100
4.000%, 06/15/37		3,500		3,507
New Jersey State, Transportation Trust Fund Authority, Ser S, RB
Callable 12/15/28 @ 100
5.000%, 06/15/46		1,000		1,045
New Jersey State, Transportation Trust Fund Authority, Ser S, RB
Callable 12/15/28 @ 100
4.500%, 06/15/49		4,015		4,033
New Jersey Transportation Trust Fund Authority, Ser A
Callable 06/15/33 @ 100
5.000%, 06/15/37		2,000		2,197
New Jersey Transportation Trust Fund Authority, Ser A
Callable 06/15/33 @ 100
5.000%, 06/15/38		2,000		2,179
Tobacco Settlement Financing, Sub-Ser B, RB
Callable 06/01/28 @ 100
5.000%, 06/01/46		2,330		2,339
Total New Jersey				30,924
New Mexico [0.5%]
Farmington New Mexico, RB
1.150%, 06/01/40(A)		3,500		3,395
Lower Petroglyphs, Public Improvement District, RB
Callable 10/01/27 @ 100
5.000%, 10/01/33		500		487

CITY NATIONAL ROCHDALE FUNDS | PAGE 14

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Lower Petroglyphs, Public Improvement District, RB
Callable 10/01/27 @ 100
5.000%, 10/01/38	$	500	$	473
Lower Petroglyphs, Public Improvement District, RB
Callable 10/01/27 @ 100
5.000%, 10/01/48		1,750		1,601
Total New Mexico				5,956
New York [5.7%]
Build NYC Resource, RB
Callable 07/01/32 @ 100
5.000%, 07/01/42		750		765
Dutchess County, Local Development, Ser A, RB
Callable 07/01/30 @ 100
5.000%, 07/01/45		875		886
Dutchess County, Local Development, Ser A, RB
Callable 07/01/30 @ 100
5.000%, 07/01/51		875		878
Jefferson County, Civic Facility Development, RB
Callable 11/01/27 @ 100
4.000%, 11/01/42		4,500		3,335
Jefferson County, Civic Facility Development, RB
Callable 11/01/27 @ 100
4.000%, 11/01/47		375		262
Metropolitan Transportation Authority, Ser A-1, RB
Callable 05/15/31 @ 100
4.000%, 11/15/49		3,000		2,791
Metropolitan Transportation Authority, Ser C-1, RB
Callable 05/15/30 @ 100
5.000%, 11/15/50		1,750		1,811
Metropolitan Transportation Authority, Ser C-1, RB
Callable 11/15/26 @ 100
5.000%, 11/15/56		3,640		3,647
Metropolitan Transportation Authority, Ser C-1, RB
Callable 05/15/30 @ 100
4.750%, 11/15/45		2,000		2,036
Metropolitan Transportation Authority, Ser D1, RB
Callable 11/15/30 @ 100
5.000%, 11/15/44		2,450		2,561
Metropolitan Transportation Authority, Sub-Ser A-SUB, RB
Callable 11/15/28 @ 100
5.000%, 11/15/45		1,690		1,738
Nassau County, Industrial Development Agency, RB
Callable 10/01/26 @ 107
5.000%, 01/01/58(A)		4,358		1,961
Description	Face Amount (000)		Value (000)
New York City Housing Development, HUD SECT 8
Callable 08/01/31 @ 100
4.800%, 02/01/53	$	1,000	$	1,007
New York City Housing Development, HUD SECT 8
Callable 08/01/31 @ 100
4.600%, 08/01/48		3,000		3,010
New York City Housing Development, HUD SECT 8
Callable 08/01/31 @ 100
4.450%, 08/01/43		2,000		2,007
New York State, Liberty Development, Bank of America Tower, RB
Callable 03/15/29 @ 100
2.800%, 09/15/69		1,000		911
New York State, Transportation Development, American Airlines, RB, AMT
Callable 07/25/23 @ 100
5.000%, 08/01/26		2,000		2,003
New York State, Transportation Development, RB, AMT
Callable 08/01/30 @ 100
5.250%, 08/01/31		1,730		1,800
New York State, Transportation Development, RB, AMT
Callable 01/01/28 @ 100
5.000%, 01/01/36		5,000		5,156
New York State, Transportation Development, RB, AMT
Callable 10/01/30 @ 100
5.000%, 10/01/40		2,800		2,860
Niagara, Tobacco Asset Securitization, RB
Callable 05/15/24 @ 100
5.250%, 05/15/34		1,000		1,005
Niagara, Tobacco Asset Securitization, RB
Callable 05/15/24 @ 100
5.250%, 05/15/40		1,000		1,003
Port Authority of New York & New Jersey, Ser 221, RB, AMT
Callable 07/15/30 @ 100
4.000%, 07/15/50		2,000		1,897
TSASC, Ser A, RB
Callable 06/01/27 @ 100
5.000%, 06/01/41		2,000		2,036
TSASC, Ser B, RB
Callable 06/01/27 @ 100
5.000%, 06/01/48		6,000		5,611
TSASC, Sub-Ser, RB
Callable 06/01/27 @ 100
5.000%, 06/01/45		4,000		3,791

CITY NATIONAL ROCHDALE FUNDS | PAGE 15

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Westchester, Tobacco Asset Securitization, Ser B, RB
Callable 06/01/27 @ 100
5.000%, 06/01/41	$	2,485	$	2,541
Westchester, Tobacco Asset Securitization, Sub-Ser C, RB
Callable 06/01/27 @ 100
5.125%, 06/01/51		7,000		7,092
Total New York				66,401
North Carolina [0.2%]
North Carolina State, Department of Transportation, I-77 Hot Lanes Project, RB, AMT
Callable 06/30/25 @ 100
5.000%, 12/31/37		1,405		1,413
North Carolina State, Medical Care Commission, Ser A, RB
Callable 09/01/27 @ 100
4.000%, 09/01/50		250		185
North Carolina State, Turnpike Authority, RB, ETM
5.000%, 02/01/24		1,000		1,010
Total North Carolina				2,608
North Dakota [0.6%]
Burleigh County, Educational Facilities Revenue, Education Facilities, University of Mary Project, RB
Callable 04/15/26 @ 100
5.200%, 04/15/46		1,100		996
County of Grand Forks North Dakota, RB, AMT
Callable 06/15/26 @ 103
7.000%, 12/15/43(B) (D)		5,000		2,500
County of Ward North Dakota, Ser C
Callable 06/01/28 @ 100
5.000%, 06/01/38		4,000		3,553
Total North Dakota				7,049
Ohio [4.0%]
Buckeye Tobacco Settlement, Financing Authority, Ser A-2-Class, RB
Callable 06/01/30 @ 100
4.000%, 06/01/48		8,500		7,867
Buckeye Tobacco Settlement, Financing Authority, Ser B-2, RB
Callable 06/01/30 @ 100
5.000%, 06/01/55		8,345		7,815
Buckeye Tobacco Settlement, Financing Authority, Ser B-3, RB
Callable 06/01/30 @ 22
7.155%, 06/01/57(C)		40,000		4,948
Description	Face Amount (000)		Value (000)
Cleveland-Cuyahoga County Port Authority, TA
Callable 12/01/29 @ 100
4.000%, 12/01/55(B)	$	250	$	212
Cuyahoga County, Hospital Revenue, Metrohealth System, RB
Callable 02/15/27 @ 100
5.250%, 02/15/47		3,800		3,830
Cuyahoga County, RB
Callable 02/15/27 @ 100
5.000%, 02/15/57		5,000		4,904
Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB
Callable 08/04/23 @ 100
5.000%, 02/15/44		5,000		4,678
Muskingum County, Hospital Facilities Authority, Genesis Healthcare Systems Project, RB
Callable 08/04/23 @ 100
5.000%, 02/15/48		250		231
Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT
Callable 01/15/28 @ 100
4.500%, 01/15/48(B)		970		919
Ohio State, Air Quality Development Authority, Pratt Paper Project, RB, AMT
Callable 01/15/28 @ 100
4.250%, 01/15/38(B)		3,555		3,435
Ohio State, Air Quality Development Authority, RB, AMT
Callable 07/01/29 @ 100
5.000%, 07/01/49(B)		8,250		7,576
Ohio State, Housing Finance Agency, Sanctuary at Springboro Project, RB
Callable 10/01/25 @ 101
5.450%, 01/01/38(B)		2,500		1,918
Total Ohio				48,333
Oklahoma [0.6%]
Oklahoma County, Finance Authority, Epworth Village Project, Ser A, RB
Callable 08/04/23 @ 100
5.125%, 04/01/42(D)		4,000		2,000
Oklahoma State, Development Finance Authority, RB
Callable 08/01/27 @ 100
5.250%, 08/01/57(D)		1,622		1
Oklahoma State, Development Finance Authority, Ser B, RB
Callable 08/15/28 @ 100
5.250%, 08/15/48		1,000		927

CITY NATIONAL ROCHDALE FUNDS | PAGE 16

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Payne County, Economic Development Authority, Epworth Living at the Ranch, RB
Callable 11/01/26 @ 100
6.875%, 11/01/46(D)	$	3,843	$	10
Payne County, Economic Development Authority, Epworth Living at the Ranch, RB
Callable 11/01/26 @ 100
6.625%, 11/01/36(D)		1,664		4
Tulsa Airports Improvement Trust, RB, AMT
Callable 06/01/25 @ 100
5.000%, 06/01/35(A)		4,000		4,026
Total Oklahoma				6,968
Oregon [0.5%]
Clackamas County, Hospital Facility Authority, Ser A, RB
Callable 11/15/25 @ 102
5.375%, 11/15/55		875		809
Clackamas County, Hospital Facility Authority, Ser A, RB
Callable 11/15/25 @ 102
5.250%, 11/15/50		1,000		921
Hospital Facilities Authority of Multnomah County Oregon
Callable 12/01/28 @ 103
4.000%, 12/01/36		1,180		965
Hospital Facilities Authority of Multnomah County Oregon, RB
Callable 12/01/28 @ 103
4.000%, 12/01/51		5,000		3,374
Total Oregon				6,069
Pennsylvania [2.7%]
Allentown, Neighborhood Improvement Zone Development Authority, City Center Project, RB
Callable 05/01/27 @ 100
5.000%, 05/01/42(B)		1,750		1,750
Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB
Callable 05/01/28 @ 100
5.375%, 05/01/42(B)		3,000		3,019
Allentown, Neighborhood Improvement Zone Development Authority, Sub-Ser, RB
Callable 05/01/28 @ 100
5.125%, 05/01/32(B)		1,500		1,528	��
Description	Face Amount (000)		Value (000)
Berks County Industrial Development Authority
Callable 11/01/27 @ 100
4.000%, 11/01/50	$	3,500	$	2,084
Berks County, Industrial Development Authority, RB
Callable 11/01/27 @ 100
4.000%, 11/01/47		3,325		1,980
Chester County, Health and Education Facilities Authority, RB
Callable 12/01/28 @ 103
4.000%, 12/01/51		1,150		771
Chester County, Industrial Development Authority, Woodlands at Graystone Project, RB
Callable 03/01/28 @ 100
5.125%, 03/01/48(B)		700		654
Chester County, Industrial Development Authority, Woodlands at Graystone Project, RB
Callable 03/01/28 @ 100
5.000%, 03/01/38(B)		425		415
Dauphin County, General Authority, Harrisburg University of Science and Technology Project, RB
Callable 10/15/27 @ 100
5.125%, 10/15/41(B)		1,135		1,030
Dauphin County, General Authority, RB
Callable 10/15/28 @ 100
6.250%, 10/15/53(B)		750		752
Dauphin County, General Authority, RB
Callable 10/15/27 @ 100
5.000%, 10/15/34(B)		3,470		3,270
DuBois, Hospital Authority, RB
Callable 01/15/28 @ 100
4.000%, 07/15/43		2,370		2,224
Franklin County, Industrial Development Authority, RB
Callable 12/01/25 @ 103
5.000%, 12/01/49		780		612
Franklin County, Industrial Development Authority, RB
Callable 12/01/25 @ 103
5.000%, 12/01/54		1,000		769
Pennsylvania State, Economic Development Financing Authority, RB, AMT
Callable 12/31/32 @ 100
5.750%, 06/30/48		625		686

CITY NATIONAL ROCHDALE FUNDS | PAGE 17

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Pennsylvania State, Economic Development Financing Authority, RB, AMT
Callable 12/31/32 @ 100
5.250%, 06/30/53	$	1,500	$	1,557
Pennsylvania State, Turnpike Commission, Convertible Capital Appreciation Project, Sub-Ser E, RB
Callable 12/01/27 @ 100
6.375%, 12/01/38		2,000		2,212
Pennsylvania State, Turnpike Commission, Ser A, RB
Callable 12/01/24 @ 100
5.000%, 12/01/33		1,500		1,534
Pottsville, Hospital Authority, Schuykill Health System Project, RB
Pre-Refunded @ 100
6.500%, 07/01/24(B) (E)		3,000		3,077
Washington County, Redevelopment Authority, TA
Callable 01/01/28 @ 100
5.000%, 07/01/35		1,235		1,214
Total Pennsylvania				31,138
Rhode Island [0.4%]
Rhode Island State, Health & Educational Building, RB
Callable 05/15/26 @ 100
5.000%, 05/15/39		1,000		1,003
Rhode Island State, Tobacco Settlement Financing, Ser B, RB
Callable 07/20/23 @ 18
12.256%, 06/01/52(C)		21,270		3,241
Total Rhode Island				4,244
South Carolina [0.2%]
Berkeley County, RB
Callable 11/01/29 @ 100
4.375%, 11/01/49		2,500		2,057
Tennessee [0.5%]
Chattanooga, Health Educational & Housing Facility Board, RB
Callable 10/01/25 @ 100
5.000%, 10/01/35		1,000		1,017
Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Ser S, RB
Callable 11/01/25 @ 102
4.000%, 11/01/45		5,000		3,891
Nashville, Metropolitan Development & Housing Agency, RB
Callable 06/01/28 @ 100
5.125%, 06/01/36(B)		900		913
Description	Face Amount (000)		Value (000)
Nashville, Metropolitan Development & Housing Agency, RB
4.500%, 06/01/28(B)	$	445	$	447
Total Tennessee				6,268
Texas [7.8%]
Alvin Independent School District, Ser B-REMK, GO, PSF-GTD
0.450%, 02/15/36(A)		2,000		1,991
Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB
Callable 03/01/24 @ 100
7.125%, 03/01/44		2,300		2,287
Arlington, Higher Education Finance, Universal Academy Project, Ser A, RB
Callable 03/01/24 @ 100
7.000%, 03/01/34		400		402
Celina, Cambridge Crossing Public Improvement Project, SAB
Callable 09/01/28 @ 100
5.250%, 09/01/47(B)		500		498
Celina, Cambridge Crossing Public Improvement Project, SAB
Callable 09/01/28 @ 100
5.125%, 09/01/38(B)		1,500		1,500
Celina, Sutton Fields II Public Improvement Project, SAB
Callable 09/01/23 @ 103
7.250%, 09/01/45		475		489
Clifton, Higher Education Finance, International Leadership Project, Ser D, RB
Callable 08/15/25 @ 100
6.125%, 08/15/48		4,245		4,274
Grand Parkway, Transportation, Toll Revenue, Sub-Ser B, RB
Pre-Refunded @ 100
5.000%, 10/01/23(E)		2,000		2,008
Gulf Coast Authority, Ser B, RB, AMT
1.500%, 05/01/28		1,000		880
Houston, Airport System Revenue, RB, AMT
4.750%, 07/01/24		1,700		1,701
Houston, Airport System Revenue, RB, AMT
Callable 07/01/29 @ 100
4.000%, 07/01/41		2,500		2,266
Houston, Airport System Revenue, RB, AMT
Callable 07/15/29 @ 100
4.000%, 07/15/41		3,530		3,200

CITY NATIONAL ROCHDALE FUNDS | PAGE 18

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Houston, Airport System Revenue, Ser B-1, RB, AMT
Callable 07/15/25 @ 100
5.000%, 07/15/35	$	3,000	$	3,009
Houston, Airport System Revenue, Ser C, RB, AMT
5.000%, 07/15/27		1,000		1,012
Houston, Airport System Revenue, United Airlines Project, RB, AMT
Callable 07/01/24 @ 100
5.000%, 07/01/29		7,000		7,023
Lago Vista Texas, RB
Callable 09/01/30 @ 100
4.875%, 09/01/50(B)		275		253
Matagorda County Navigation District No. 1, AMBAC, AMT
5.125%, 11/01/28		1,500		1,572
Matagorda County Navigation District No. 1, RB, AMT
0.900%, 05/01/30(A)		1,750		1,738
Mission, Economic Development, RB, AMT
Callable 07/25/23 @ 104
4.625%, 10/01/31(B)		3,250		3,164
New Hope Cultural Education Facilities Finance, Ser A
Callable 08/15/25 @ 100
5.000%, 08/15/40(B)		4,750		4,346
New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB
Callable 07/01/24 @ 102
5.000%, 07/01/36		3,410		2,878
New Hope, Cultural Education Facilities Finance, Carillon LifeCare Community Project, RB
Callable 07/01/24 @ 102
5.000%, 07/01/46		1,250		929
New Hope, Cultural Education Facilities Finance, RB
7.500%, 11/15/36		3,385		2,774
New Hope, Cultural Education Facilities Finance, RB
7.500%, 11/15/37		545		419
New Hope, Cultural Education Facilities Finance, RB
Callable 08/15/31 @ 100
4.000%, 08/15/46(B)		4,385		3,359
New Hope, Cultural Education Facilities Finance, RB
Callable 11/15/26 @ 105
2.000%, 11/15/61(A)		14,026		5,586
Description	Face Amount (000)		Value (000)
Newark, Higher Education Finance, Ser A, RB
Callable 08/15/25 @ 100
5.750%, 08/15/45(B)	$	1,700	$	1,737
Newark, Higher Education Finance, Ser A, RB
Callable 08/15/25 @ 100
5.500%, 08/15/35(B)		900		925
North Texas, Tollway Authority, Convertible Capital Appreciation Project, Ser C, RB
Pre-Refunded @ 100
0.000%, 09/01/31(E)		5,000		6,225
Port Beaumont Navigation District, RB
Callable 08/04/23 @ 102
6.000%, 01/01/25(B)		1,525		1,432
Port Beaumont Navigation District, RB, AMT
Callable 08/04/23 @ 102
3.625%, 01/01/35(B)		1,000		798
Port Beaumont Navigation District, RB, AMT
Callable 08/04/23 @ 103
2.875%, 01/01/41(B)		750		488
Port Beaumont Navigation District, RB, AMT
Callable 08/04/23 @ 103
2.750%, 01/01/36(B)		1,000		709
Port of Beaumont, Industrial Development Authority, RB
Callable 08/04/23 @ 102
4.100%, 01/01/28(B)		6,330		5,007
Sanger, Industrial Development Authority, Texas Pellets Project, Ser B, RB, AMT
Callable 08/04/23 @ 100
8.000%, 07/01/38(D)		4,950		1,238
Tarrant County, Cultural Education Facilities Finance, Northwest Senior Housing Edgemere Project, RB
Callable 05/15/27 @ 100
5.250%, 11/15/47(D)		3,720		744
Tarrant County, Cultural Education Facilities Finance, RB
Callable 02/15/27 @ 100
6.375%, 02/15/52(D)		9,000		4,950
Temple, Ser A-REV, RB
Callable 08/01/25 @ 100
5.000%, 08/01/38		2,000		2,010
Texas Department of Housing & Community Affairs, Ser A, GNMA
Callable 09/01/27 @ 100
4.250%, 09/01/43		1,880		1,864

CITY NATIONAL ROCHDALE FUNDS | PAGE 19

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Texas State, Private Activity Bond Surface Transportation, RB, AMT
Callable 06/30/29 @ 100
5.000%, 06/30/58	$	2,000	$	1,990
Texas State, Private Activity Bond Surface Transportation, SH 288 Toll Lanes Project, RB, AMT
Callable 12/31/25 @ 100
5.000%, 12/31/45		1,635		1,639
Texas State, Transportation Commission, RB
Callable 02/01/29 @ 73
5.371%, 08/01/36(C)		1,000		562
Total Texas				91,876
Utah [0.3%]
Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO
Callable 09/01/27 @ 103
6.000%, 03/01/53(B)		2,000		1,988
Downtown East Streetcar Sewer Public Infrastructure District, Ser A, GO
Callable 09/01/27 @ 103
5.750%, 03/01/42(B)		500		499
Utah Charter School Finance Authority, RB
Callable 06/15/28 @ 102
5.000%, 06/15/55(B)		1,750		1,587
Total Utah				4,074
Vermont [0.1%]
Vermont State, Economic Development Authority, Casella Waste Systems Project, RB, AMT
4.625%, 04/01/36(A)(B)		1,000		987
Virginia [0.7%]
Cherry Hill, Community Development Authority, Potomac Shores Project, SAB
Callable 03/01/25 @ 100
5.150%, 03/01/35(B)		1,000		1,000
Lower Magnolia Green, Community Development Authority, SAB
Callable 03/01/25 @ 100
5.000%, 03/01/45(B)		3,800		3,598
West Falls Community Development Authority, Ser A, RB
Callable 09/01/32 @ 100
5.375%, 09/01/52(B)		2,125		2,130
Description	Face Amount (000)		Value (000)
Wise County, Industrial Development Authority, Ser A-RE, RB
0.750%, 10/01/40(A)	$	1,500	$	1,375
Total Virginia				8,103
Washington [1.1%]
Kalispel Tribe of Indians, Ser A, RB
Callable 01/01/28 @ 100
5.250%, 01/01/38(B)		400		411
Washington State Housing Finance Commission, Ser A
Callable 07/01/26 @ 103
5.000%, 01/01/55(B)		4,000		2,860
Washington State, Health Care Facilities Authority, RB
Callable 01/01/28 @ 100
4.000%, 07/01/42		3,500		3,143
Washington State, Health Care Facilities Authority, Ser A-, RB
Callable 08/01/29 @ 100
4.000%, 08/01/44		2,715		2,536
Washington State, Housing Finance Commission, Judson Park Project, RB
Callable 07/01/25 @ 102
5.000%, 07/01/38(B)		325		283
Washington State, Housing Finance Commission, Judson Park Project, RB
Callable 07/01/25 @ 102
5.000%, 07/01/48(B)		2,400		1,935
Washington State, Housing Finance Commission, Rockwood Retirement Community Project, RB
Pre-Refunded @ 100
7.500%, 01/01/24(B) (E)		2,000		2,039
Total Washington				13,207
West Virginia [0.9%]
South Charleston West Virginia, RB
Callable 06/01/31 @ 100
4.500%, 06/01/50(B)		1,240		956
South Charleston West Virginia, RB
Callable 06/01/31 @ 100
4.250%, 06/01/42(B)		1,435		1,143
West Virginia, Economic Development Authority, RB, AMT
Callable 01/01/25 @ 100
5.000%, 07/01/45(A)		1,190		1,192
West Virginia, Economic Development Authority, Ser S, RB
0.625%, 12/01/38(A)		2,500		2,275

CITY NATIONAL ROCHDALE FUNDS | PAGE 20

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
West Virginia, Tobacco Settlement Finance Authority, RB
Callable 12/01/30 @ 100
4.875%, 06/01/49	$	5,005	$	4,546
Total West Virginia				10,112
Wisconsin [6.8%]
Hartford, Public Finance Authority, RB
Callable 09/01/24 @ 100
5.000%, 09/01/38(B)		1,580		1,384
Piedmont, Public Finance Authority, RB
Callable 06/15/29 @ 100
5.000%, 06/15/49		500		487
Pine Lake, Public Finance Authority, RB
Callable 03/01/25 @ 100
5.500%, 03/01/45(B)		3,460		3,483
Pine Lake, Public Finance Authority, RB
Callable 03/01/25 @ 100
5.250%, 03/01/35(B)		1,250		1,264
Public Finance Authority
Pre-Refunded @ 100
5.000%, 04/01/30(B) (E)		100		113
Public Finance Authority
Callable 04/01/30 @ 100
5.000%, 04/01/40(B)		1,175		1,150
Public Finance Authority
Callable 04/01/30 @ 100
5.000%, 04/01/50(B)		1,575		1,467
Public Finance Authority
Pre-Refunded @ 100
4.000%, 04/01/32(B) (E)		50		55
Public Finance Authority
Pre-Refunded @ 100
4.000%, 04/01/32(B) (E)		60		66
Public Finance Authority
Callable 04/01/32 @ 100
4.000%, 04/01/42(B)		800		671
Public Finance Authority
Callable 04/01/32 @ 100
4.000%, 04/01/52(B)		1,190		917
Public Finance Authority, RB
Callable 02/01/32 @ 100
5.000%, 02/01/52		2,500		2,486
Public Finance Authority, RB
Callable 07/01/30 @ 100
5.000%, 01/01/55(B)		3,000		2,299
Public Finance Authority, RB
Callable 06/01/27 @ 100
4.000%, 06/01/51(B)		715		510
Public Finance Authority, RB
Callable 07/01/29 @ 100
4.000%, 07/01/51		2,750		2,211
Public Finance Authority, RB
Callable 06/01/27 @ 103
4.000%, 06/01/56(B)		4,000		2,661
Description	Face Amount (000)		Value (000)
Public Finance Authority, RB, AMT
Callable 09/30/31 @ 100
4.000%, 09/30/51	$	600	$	489
Public Finance Authority, RB, AMT
Callable 09/30/31 @ 100
4.000%, 03/31/56		3,290		2,616
University of Wisconsin Hospitals & Clinics, RB
Callable 10/01/31 @ 100
4.000%, 04/01/51		4,995		4,721
Wisconsin State, Health & Educational Facilities Authority, Dickson Hollow Project, RB
Callable 08/04/23 @ 102
5.500%, 10/01/49		2,500		2,176
Wisconsin State, Health & Educational Facilities Authority, RB
Callable 08/15/26 @ 100
5.000%, 02/15/51(A)		1,000		1,028
Wisconsin State, Health & Educational Facilities Authority, RB
Callable 08/15/24 @ 100
5.000%, 02/15/52(A)		1,500		1,517
Wisconsin State, Health & Educational Facilities Authority, RB
Callable 04/01/27 @ 100
4.000%, 04/01/39		2,500		2,452
Wisconsin State, Health & Educational Facilities Authority, RB
Callable 01/01/27 @ 103
4.000%, 01/01/47		1,680		1,216
Wisconsin State, Health & Educational Facilities Authority, RB
Callable 01/01/27 @ 103
4.000%, 01/01/57		1,920		1,297
Wisconsin State, Health & Educational Facilities Authority, RB
Callable 08/15/31 @ 100
3.000%, 08/15/51		1,610		1,148
Wisconsin State, Health & Educational Facilities Authority, Woodland Hill Senior Housing Project, RB
Callable 08/04/23 @ 102
5.250%, 12/01/49		4,000		3,417
Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB
Callable 06/01/26 @ 100
5.000%, 06/01/36(B)		6,125		5,705

CITY NATIONAL ROCHDALE FUNDS | PAGE 21

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Wisconsin State, Public Finance Authority, Bancroft Neurohealth Project, RB
Callable 06/01/26 @ 100
4.625%, 06/01/36(B)	$	3,300	$	2,948
Wisconsin State, Public Finance Authority, Coral Academy Project, RB
Callable 07/01/24 @ 100
5.625%, 07/01/44		3,500		3,527
Wisconsin State, Public Finance Authority, Coral Academy Project, RB
Callable 07/01/24 @ 100
5.375%, 07/01/34		2,000		2,023
Wisconsin State, Public Finance Authority, Cornerstone Christian Project, RB
Callable 02/01/26 @ 100
5.000%, 02/01/36(B)		3,000		2,852
Wisconsin State, Public Finance Authority, National Gypsum, RB, AMT
Callable 08/01/26 @ 100
4.000%, 08/01/35		3,000		2,636
Wisconsin State, Public Finance Authority, RB
Callable 03/01/30 @ 100
5.250%, 03/01/45(B)		1,500		1,326
Wisconsin State, Public Finance Authority, RB
Callable 03/01/30 @ 100
5.250%, 03/01/55(B)		2,500		2,112
Wisconsin State, Public Finance Authority, Roseman University Health Sciences, RB
Callable 04/01/25 @ 100
5.875%, 04/01/45		5,000		5,057
Wisconsin State, Public Finance Authority, Senior Trips Obligation Group Project, Ser B, RB, AMT
Callable 08/04/23 @ 100
5.000%, 07/01/42		1,000		1,000
Wisconsin State, Public Finance Authority, Ser A, RB
Callable 06/15/25 @ 100
5.500%, 06/15/35(B)		3,000		3,045
Wisconsin State, Public Finance Authority, Ser A, RB
Callable 06/15/25 @ 100
5.500%, 06/15/45(B)		4,280		4,293
Description	Face Amount (000)		Value (000)
Wisconsin State, Public Finance Authority, Ser E, RB, AMT
5.000%, 07/01/23	$	820	$	820
Total Wisconsin				80,645
American Samoa [0.3%]
American Samoa, Economic Development Authority, Ser A, RB
Callable 09/01/25 @ 100
6.625%, 09/01/35		3,000		3,121
Puerto Rico [5.3%]
Children's Trust Fund, RB
Callable 08/04/23 @ 100
5.625%, 05/15/43		2,000		2,010
Commonwealth of Puerto Rico, Ser A, GO
2.591%, 07/01/24(C)		414		397
Commonwealth of Puerto Rico, Ser A1, GO
5.625%, 07/01/27		2,951		3,108
Commonwealth of Puerto Rico, Ser A1, GO
Callable 07/01/31 @ 103
4.000%, 07/01/33		6,113		5,807
Commonwealth of Puerto Rico, Ser A1, GO
Callable 07/01/31 @ 103
4.000%, 07/01/37		2,957		2,653
Commonwealth of Puerto Rico, Sub-Ser Senior
0.000%, 11/01/51(A)		6,800		3,451
Puerto Rico Commonwealth Aqueduct & Sewer Authority, Ser A
Callable 07/01/32 @ 100
5.000%, 07/01/33(B)		2,000		2,054
Puerto Rico, Electric Power Authority, Ser A, RB
Callable 08/04/23 @ 100
6.750%, 07/01/36(D)		2,605		977
Puerto Rico, Electric Power Authority, Ser AAA, RB
Callable 08/04/23 @ 100
5.250%, 07/01/30(D)		1,625		609
Puerto Rico, Electric Power Authority, Ser CCC, RB
Callable 08/04/23 @ 100
5.250%, 07/01/28(D)		2,145		804
Puerto Rico, Electric Power Authority, Ser E-1, RB
10.000%, 01/01/21(D)		3,957		1,484
Puerto Rico, Electric Power Authority, Ser E-2, RB
10.000%, 07/01/21(D)		1,500		562
Puerto Rico, Electric Power Authority, Ser E-3, RB
10.000%, 01/01/22(D)		500		188

CITY NATIONAL ROCHDALE FUNDS | PAGE 22

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Municipal High Income Fund

Description	Face Amount (000)		Value (000)
Puerto Rico, Electric Power Authority, Ser XX, RB
Callable 08/04/23 @ 100
5.250%, 07/01/40(D)	$	4,000	$	1,500
Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB
Callable 07/01/28 @ 100
5.000%, 07/01/58		10,167		9,911
Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB
Callable 07/01/28 @ 100
4.750%, 07/01/53		1,276		1,216
Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB
Callable 07/01/25 @ 100
4.500%, 07/01/34		14,005		13,900
Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-1, RB
4.356%, 07/01/24(C)		1,383		1,328
Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB
Callable 07/01/28 @ 100
4.784%, 07/01/58		10,771		10,208
Puerto Rico, Sales Tax Financing, Sales Tax Revenue, Ser A-2, RB
Callable 07/01/28 @ 100
4.536%, 07/01/53		31		29
Total Puerto Rico				62,196
Total Municipal Bonds
(Cost $1,245,004)				1,159,567
Short-Term Investment [0.9%]
SEI Daily Income Trust Government Fund, Cl Institutional, 4.880%**		10,549,964		10,550
Total Short-Term Investment
(Cost $10,550)				10,550
Total Investments [99.0%]
(Cost $1,255,554)			$	1,170,117

Percentages are based on net assets of $1,181,940 (000).

** The rate reported is the 7-day effective yield as of June 30, 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 June 30, 2023, the value of these securities amounted to $313,537 (000), representing 26.5% of the net assets of the Fund.

(C) Zero coupon security.

(D) In default on interest payments. Rate shown represents the last coupon rate prior to default.

(E) Pre-Refunded Security — The maturity date shown is the pre-refunded date.

AGM — Assured Guarantee Municipal

AMBAC — American Municipal Bond Assurance Company

AMT — Alternative Minimum Tax (subject to)

BAM — Build America Mutual

CDA — Community Development Administration

Cl — Class

ETM — Escrowed to Maturity

GO — General Obligation

HUD — Housing Urban Development

RB — Revenue Bond

SAB — Special Assessment Board

Ser — Series

SPL Tax — Special Tax

TA — Tax Allocation

CNR-QH-002-2700

CITY NATIONAL ROCHDALE FUNDS | PAGE 23

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Corporate Bonds [51.3%]
Aerospace / Defense [1.0%]
Boeing
2.196%, 02/04/26	$	5,400	$	4,955
Embraer Netherlands Finance BV
6.950%, 01/17/28		6,550		6,515
Spirit AeroSystems
7.500%, 04/15/25(A)		610		603
Spirit AeroSystems
9.375%, 11/30/29(A)		527		564
TransDigm
6.250%, 03/15/26(A)		6,155		6,124
TransDigm
6.375%, 06/15/26		800		790
TransDigm
6.750%, 08/15/28(A)		825		828
TransDigm UK Holdings
6.875%, 05/15/26		1,950		1,932
Total Aerospace / Defense				22,311
Airlines [0.3%]
Allegiant Travel
7.250%, 08/15/27(A)		1,935		1,928
American Airlines
11.750%, 07/15/25(A)		1,020		1,118
American Airlines
5.500%, 04/20/26(A)		3,610		3,561
Mileage Plus Holdings
6.500%, 06/20/27(A)		1,092		1,095
Total Airlines				7,702
Airport Develop/Maint [0.4%]
GMR Hyderabad International Airport
4.750%, 02/02/26		3,800		3,605
Mexico City Airport Trust
5.500%, 07/31/47		5,100		4,457
Total Airport Develop/Maint				8,062
Appliances [0.1%]
Nobel Bidco BV
3.125%, 06/15/28	EUR	850		727
Auto Rent & Lease [0.1%]
Hertz
4.625%, 12/01/26(A)		775		699
Kapla Holding SAS
8.677%, Euribor 3 Month + 5.500%, 07/15/27(B)	EUR	350		385
Description	Face Amount (000)(1)		Value (000)
Upbound Group
6.375%, 02/15/29(A)	$	1,310	$	1,163
Total Auto Rent & Lease				2,247
Auto-Med and Heavy Duty Trks [0.1%]
Allison Transmission
4.750%, 10/01/27(A)		1,235		1,164
Automotive [1.4%]
Adient Global Holdings
4.875%, 08/15/26(A)		1,625		1,544
American Honda Finance, MTN
0.750%, 08/09/24		5,400		5,124
Clarios Global
6.750%, 05/15/25(A)		159		159
Dana
5.625%, 06/15/28		475		446
Dana Financing Luxembourg Sarl
5.750%, 04/15/25(A)		224		221
Dornoch Debt Merger Sub
6.625%, 10/15/29(A)		1,775		1,448
Ford Motor Credit
4.063%, 11/01/24		2,200		2,129
Ford Motor Credit
5.125%, 06/16/25		1,850		1,799
Ford Motor Credit
3.375%, 11/13/25		1,200		1,115
Ford Motor Credit
6.950%, 03/06/26		2,505		2,518
Ford Motor Credit
5.113%, 05/03/29		1,500		1,391
Ford Motor Credit, MTN
4.389%, 01/08/26		2,100		1,988
General Motors Financial
1.500%, 06/10/26		3,250		2,871
IHO Verwaltungs GmbH
4.750%cash/0% PIK, 09/15/26(A)		1,350		1,245
IHO Verwaltungs GmbH
6.000%cash/0% PIK, 05/15/27(A)		1,350		1,270
Panther BF Aggregator 2
8.500%, 05/15/27(A)		3,550		3,556
Real Hero Merger Sub 2
6.250%, 02/01/29(A)		1,500		1,230
Standard Profil Automotive GmbH
6.250%, 04/30/26	EUR	968		730
ZF North America Capital
6.875%, 04/14/28(A)		325		329

CITY NATIONAL ROCHDALE FUNDS | PAGE 1

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
ZF North America Capital
7.125%, 04/14/30(A)	$	325	$	331
Total Automotive				31,444
Autoparts [0.3%]
Grupo Antolin-Irausa
3.500%, 04/30/28	EUR	650		515
Metalsa Sapi De Cv
3.750%, 05/04/31		1,195		941
3.750%, 05/04/31(A)		7,800		6,142
Total Autoparts				7,598
Banking [0.0%]
Ally Financial
5.750%, 11/20/25		225		217
Banks [3.0%]
Akbank
6.800%, 02/06/26		7,600		7,241
Banco Davivienda
6.650%, H15T10Y + 5.097%, 10/22/71(A) (B)		6,000		4,406
Banco de Bogota
6.250%, 05/12/26		2,350		2,269
Banco General
5.250%, H15T10Y + 3.665%, 11/07/71(B)		5,300		4,559
Banco Mercantil del Norte
7.625%, H15T10Y + 5.353%, 10/06/67(B)		5,100		4,646
Banco Mercantil del Norte
6.625%, H15T10Y + 5.034%, 01/24/72(B)		1,085		838
Bancolombia
4.625%, H15T5Y + 2.944%, 12/18/29(B)		6,115		5,205
Bank Nadra Via NDR Finance
8.250%, 06/22/17(C)		631		3
Bank Negara Indonesia Persero
4.300%, H15T5Y + 3.466%, 03/24/72(B)		5,200		4,293
Bank Negara Indonesia Persero, MTN
3.750%, 03/30/26		2,000		1,846
Bank of Montreal
5.203%, 02/01/28		4,400		4,391
BBVA Bancomer
5.125%, H15T5Y + 2.650%, 01/18/33(B)		8,055		6,990
Freedom Mortgage
7.625%, 05/01/26(A)		1,565		1,441
Description	Face Amount (000)(1)		Value (000)
ING Bank, MTN
2.571%, 01/01/28	JPY	301,241		1,660
Ipoteka-Bank ATIB
5.500%, 11/19/25		4,100		3,778
NBK Tier 1 Financing 2
4.500%, CMTUSD6Y + 2.832%, 05/27/72(B)		4,125		3,785
Sovcombank Via SovCom Capital DAC
7.600%, H15T5Y + 6.362%, 02/17/72		3,615		—
Toronto-Dominion Bank, MTN
3.766%, 06/06/25		5,500		5,332
Wells Fargo, MTN
3.550%, 09/29/25		5,400		5,175
Total Banks				67,858
BBH_233 [0.0%]
Rand Parent
8.500%, 02/15/30(A)		885		801
Broadcasting & Cable [0.7%]
Altice Financing
5.000%, 01/15/28(A)		1,520		1,215
Cable One
4.000%, 11/15/30(A)		2,110		1,648
CCO Holdings
7.375%, 03/01/31(A)		2,423		2,361
Charter Communications Operating
5.750%, 04/01/48		730		624
CSC Holdings
11.250%, 05/15/28(A)		820		795
CSC Holdings
6.500%, 02/01/29(A)		2,995		2,421
LCPR Senior Secured Financing DAC
6.750%, 10/15/27		6,250		5,856
6.750%, 10/15/27(A)		1,925		1,804
Total Broadcasting & Cable				16,724
Building & Construction [1.4%]
Allegheny Ludlum
6.950%, 12/15/25		470		474
Apollo Swedish Bidco
8.587%, Euribor 3 Month + 5.000%, 07/05/29(B)	EUR	300		317
Ashton Woods USA
4.625%, 04/01/30(A)		810		691

CITY NATIONAL ROCHDALE FUNDS | PAGE 2

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Brundage-Bone Concrete Pumping Holdings
6.000%, 02/01/26(A)	$	1,320	$	1,250
Cemex
5.450%, 11/19/29		3,200		3,085
Cemex
3.875%, 07/11/31		2,100		1,768
Cemex
5.125%, H15T5Y + 4.534%, 09/08/71(B)		1,000		890
Cemex
9.125%, H15T5Y + 4.907%, 06/14/72(A) (B)		1,080		1,094
Forestar Group
3.850%, 05/15/26(A)		2,144		1,970
HTA Group
7.000%, 12/18/25		6,400		6,044
Installed Building Products
5.750%, 02/01/28(A)		2,588		2,437
LGI Homes
4.000%, 07/15/29(A)		805		669
New Home
7.250%, 10/15/25(A)		2,665		2,465
Patrick Industries
7.500%, 10/15/27(A)		1,245		1,205
Shea Homes
4.750%, 02/15/28		1,450		1,286
Summit Materials
6.500%, 03/15/27(A)		1,450		1,441
Thor Industries
4.000%, 10/15/29(A)		815		692
TRI Pointe Group
5.875%, 06/15/24		1,725		1,712
Victors Merger
6.375%, 05/15/29(A)		915		622
West China Cement
4.950%, 07/08/26		2,820		2,132
Yuksel Insaat
9.500%, 11/10/15(C)		12,655		127
Total Building & Construction				32,371
Building Materials [0.7%]
American Builders & Contractors Supply
4.000%, 01/15/28(A)		350		319
American Builders & Contractors Supply
3.875%, 11/15/29(A)		400		342
Camelot Return Merger Sub
8.750%, 08/01/28(A)		975		921
Cornerstone Building Brands
6.125%, 01/15/29(A)		275		217
Description	Face Amount (000)(1)		Value (000)
CP Atlas Buyer
7.000%, 12/01/28(A)	$	1,575	$	1,236
Foundation Building Materials
6.000%, 03/01/29(A)		2,782		2,323
GYP Holdings III
4.625%, 05/01/29(A)		1,475		1,298
Interface
5.500%, 12/01/28(A)		825		669
SRS Distribution
6.125%, 07/01/29(A)		1,025		885
SRS Distribution
6.000%, 12/01/29(A)		2,125		1,834
Standard Industries
5.000%, 02/15/27(A)		3,090		2,945
Standard Industries
4.750%, 01/15/28(A)		1,500		1,397
Standard Industries
3.375%, 01/15/31(A)		375		302
White Capital Buyer
6.875%, 10/15/28(A)		1,125		1,020
White Capital Parent
8.250%cash/0% PIK, 03/15/26(A)		925		886
Total Building Materials				16,594
Building-Heavy Construct [0.9%]
Andrade Gutierrez International
9.000%cash/0% PIK, 12/28/29		44,997		15,524
9.000%cash/0% PIK, 12/28/29(A)		843		291
Odebrecht Holdco Finance
11.542%, 09/10/58(D)		13,874		68
Sitios Latinoamerica
5.375%, 04/04/32(A)		4,570		4,137
Total Building-Heavy Construct				20,020
Cable Satellite [1.5%]
CCO Holdings
5.125%, 05/01/27(A)		4,398		4,096
CCO Holdings
5.000%, 02/01/28(A)		1,200		1,093
CCO Holdings
4.500%, 08/15/30(A)		1,125		937
4.500%, 06/01/33(A)		1,175		923
CCO Holdings
4.250%, 02/01/31(A)		1,425		1,154
4.250%, 01/15/34(A)		900		680
CSC Holdings
5.500%, 04/15/27(A)		1,550		1,290
CSC Holdings
7.500%, 04/01/28(A)		675		385

CITY NATIONAL ROCHDALE FUNDS | PAGE 3

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
CSC Holdings
5.750%, 01/15/30(A)	$	2,150	$	1,015
CSC Holdings
4.125%, 12/01/30(A)		400		280
CSC Holdings
4.625%, 12/01/30(A)		3,920		1,744
CSC Holdings
3.375%, 02/15/31(A)		400		271
CSC Holdings
4.500%, 11/15/31(A)		975		679
DIRECTV Holdings
5.875%, 08/15/27(A)		1,366		1,237
DISH DBS
7.750%, 07/01/26		1,050		646
DISH DBS
7.375%, 07/01/28		1,125		602
DISH DBS
5.125%, 06/01/29		1,775		824
DISH Network
11.750%, 11/15/27(A)		2,525		2,461
Intelsat Jackson Holdings
5.500%, 08/01/23(C)		725		—
Intelsat Jackson Holdings
8.500%, 10/15/24(A) (C)		875		—
Intelsat Jackson Holdings
9.750%, 07/15/25(A) (C)		525		—
Sirius XM Radio
4.000%, 07/15/28(A)		2,040		1,757
Sirius XM Radio
5.500%, 07/01/29(A)		1,250		1,124
Sirius XM Radio
3.875%, 09/01/31(A)		1,425		1,103
Telenet Finance Luxembourg Notes Sarl
5.500%, 03/01/28(A)		2,600		2,384
UPC Broadband Finco BV
4.875%, 07/15/31(A)		2,300		1,893
Virgin Media Finance
5.000%, 07/15/30(A)		250		199
Virgin Media Secured Finance
5.500%, 05/15/29(A)		900		814
Virgin Media Secured Finance
4.500%, 08/15/30(A)		825		692
Vmed O2 UK Financing I
4.750%, 07/15/31(A)		2,280		1,896
Ziggo Bond BV
6.000%, 01/15/27(A)		2,500		2,294
Total Cable Satellite				34,473
Chemicals [1.1%]
Axalta Coating Systems
4.750%, 06/15/27(A)		700		660
Description	Face Amount (000)(1)		Value (000)
Axalta Coating Systems
3.375%, 02/15/29(A)	$	375	$	319
Braskem Idesa SAPI
7.450%, 11/15/29		2,100		1,395
Braskem Idesa SAPI
6.990%, 02/20/32		1,200		777
Braskem Netherlands Finance BV
7.250%, 02/13/33(A)		3,675		3,610
Diamond BC BV
4.625%, 10/01/29(A)		1,350		1,362
Element Solutions
3.875%, 09/01/28(A)		1,375		1,202
HB Fuller
4.250%, 10/15/28		775		690
Herens Holdco Sarl
4.750%, 05/15/28(A)		2,125		1,647
Indorama Ventures Global Services
4.375%, 09/12/24		5,000		4,808
INEOS Finance
6.750%, 05/15/28(A)		1,180		1,134
Italmatch Chemicals
9.098%, Euribor 3 Month + 5.500%, 02/06/28(B)	EUR	937		963
LSF11 A5 HoldCo
6.625%, 10/15/29(A)		950		793
Olympus Water US Holding
7.125%, 10/01/27(A)		375		338
Olympus Water US Holding
4.250%, 10/01/28(A)		1,200		948
Olympus Water US Holding
9.625%, 11/15/28	EUR	600		629
Olympus Water US Holding
9.750%, 11/15/28(A)		325		317
Olympus Water US Holding
6.250%, 10/01/29(A)		1,525		1,102
Polar US Borrower
6.750%, 05/15/26(A)		775		457
SCIL IV LLC / SCIL USA Holdings LLC
9.500%, 07/15/28		210		229
WR Grace Holdings
4.875%, 06/15/27(A)		425		394
WR Grace Holdings
5.625%, 08/15/29(A)		625		512
Total Chemicals				24,286
Coal Mining [0.1%]
Mongolian Mining
0.000%, 10/01/71(B)		1,360		1,054
New World Resources
8.000%, 04/07/20(C)	EUR	1,101		2

CITY NATIONAL ROCHDALE FUNDS | PAGE 4

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Warrior Met Coal
7.875%, 12/01/28(A)	$	631	$	633
Total Coal Mining				1,689
Coatings/Paint [0.1%]
Sherwin-Williams
3.450%, 08/01/25		3,275		3,144
Commercial Serv-Finance [0.0%]
Sabre GLBL
9.250%, 04/15/25(A)		75		70
Sabre GLBL
7.375%, 09/01/25(A)		640		568
Total Commercial Serv-Finance				638
Commercial Services [0.3%]
Bidvest Group UK
3.625%, 09/23/26		5,000		4,449
Live Nation Entertainment
5.625%, 03/15/26(A)		1,830		1,787
SD International Sukuk, MTN
6.300%, 05/09/22(C)		13,384		335
Total Commercial Services				6,571
Communication & Media [0.3%]
Globo Comunicacao e Participacoes
5.500%, 01/14/32		1,505		1,173
5.500%, 01/14/32(A)		8,525		6,645
Total Communication & Media				7,818
Computer System Design & Services [0.2%]
Magnum Holdings
5.375%, 10/31/26(A)		4,900		4,387
Virtusa
7.125%, 12/15/28(A)		350		285
Total Computer System Design & Services				4,672
Computers-Memory Devices [0.0%]
Seagate HDD Cayman
8.250%, 12/15/29(A)		911		952
Construction Machinery [0.1%]
H&E Equipment Services
3.875%, 12/15/28(A)		1,100		952
Description	Face Amount (000)(1)		Value (000)
Ritchie Bros Holdings
6.750%, 03/15/28(A)	$	275	$	277
Terex
5.000%, 05/15/29(A)		680		632
United Rentals North America
5.500%, 05/15/27		424		417
United Rentals North America
4.875%, 01/15/28		600		571
United Rentals North America
4.000%, 07/15/30		350		310
Total Construction Machinery				3,159
Consumer Cyclical Services [0.6%]
Allied Universal Holdco
6.625%, 07/15/26(A)		700		664
Allied Universal Holdco
9.750%, 07/15/27(A)		1,700		1,503
Allied Universal Holdco
6.000%, 06/01/29(A)		1,900		1,402
Cars.com
6.375%, 11/01/28(A)		1,250		1,151
Garda World Security
4.625%, 02/15/27(A)		650		595
Garda World Security
6.000%, 06/01/29(A)		1,650		1,352
Go Daddy Operating
5.250%, 12/01/27(A)		725		689
GW B-CR Security
9.500%, 11/01/27(A)		1,818		1,756
Match Group
5.000%, 12/15/27(A)		2,045		1,897
Match Group
4.625%, 06/01/28(A)		1,198		1,100
Signal Parent
6.125%, 04/01/29(A)		912		508
Total Consumer Cyclical Services				12,617
Consumer Products [0.3%]
BCPE Empire Holdings
7.625%, 05/01/27(A)		2,875		2,674
Edgewell Personal Care
5.500%, 06/01/28(A)		875		827
Edgewell Personal Care
4.125%, 04/01/29(A)		400		349
Energizer Holdings
6.500%, 12/31/27(A)		1,000		961
Energizer Holdings
4.750%, 06/15/28(A)		500		444

CITY NATIONAL ROCHDALE FUNDS | PAGE 5

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Energizer Holdings
4.375%, 03/31/29(A)	$	1,100	$	945
Total Consumer Products				6,200
Consumer Products & Services [0.2%]
Turkiye Sise ve Cam Fabrikalari
6.950%, 03/14/26		4,650		4,510
Containers & Packaging [0.4%]
Graham Packaging
7.125%, 08/15/28(A)		1,195		1,020
Klabin Austria GmbH
3.200%, 01/12/31		9,700		7,755
Klabin Austria GmbH
7.000%, 04/03/49		655		628
Total Containers & Packaging				9,403
Diversified Manufacturing [0.1%]
Gates Global
6.250%, 01/15/26(A)		2,300		2,265
WESCO Distribution
7.250%, 06/15/28(A)		1,000		1,020
Total Diversified Manufacturing				3,285
Drugs [0.7%]
AbbVie
3.800%, 03/15/25		5,400		5,249
Teva Pharmaceutical Finance Netherlands III BV
4.750%, 05/09/27		725		671
Teva Pharmaceutical Finance Netherlands III BV
6.750%, 03/01/28		10,950		10,785
Total Drugs				16,705
E-Commerce/Products [0.0%]
ANGI Group
3.875%, 08/15/28(A)		1,025		836
E-Commerce/Services [0.2%]
MercadoLibre
3.125%, 01/14/31		2,330		1,858
Uber Technologies
7.500%, 09/15/27(A)		2,253		2,305
Total E-Commerce/Services				4,163
Description	Face Amount (000)(1)		Value (000)
Electric Utilities [1.6%]
Adani Renewable Energy RJ, MTN
4.625%, 10/15/39	$	5,162	$	3,770
AES Gener
7.125%, USD Swap Semi 30/360 5 Yr Curr + 4.644%, 03/26/79(B)		1,480		1,368
Cikarang Listrindo
4.950%, 09/14/26		5,800		5,524
Greenko Power II
4.300%, 12/13/28		668		580
Mercury Chile Holdco
6.500%, 01/24/27(A)		8,100		7,340
Minejesa Capital BV
4.625%, 08/10/30		3,500		3,133
Minejesa Capital BV
5.625%, 08/10/37(A)		5,300		4,147
Mong Duong Finance Holdings BV
5.125%, 05/07/29		8,560		7,511
Pacific Gas and Electric
4.550%, 07/01/30		405		367
Pacific Gas and Electric
4.950%, 07/01/50		1,645		1,292
Southern
5.113%, 08/01/27		450		446
Vistra Operations
5.125%, 05/13/25(A)		1,835		1,789
Total Electric Utilities				37,267
Electric-Transmission [0.3%]
Oryx Funding
5.800%, 02/03/31		7,250		6,999
Energy & Power [0.3%]
Greenko Solar Mauritius
5.950%, 07/29/26		3,800		3,555
India Green Power Holdings
4.000%, 02/22/27		2,600		2,262
Total Energy & Power				5,817
Enterprise Software/Serv [0.4%]
Oracle
2.650%, 07/15/26		5,450		5,037
Salesforce
0.625%, 07/15/24		4,550		4,331
Total Enterprise Software/Serv				9,368
Entertainment & Gaming [0.9%]
CDI Escrow Issuer
5.750%, 04/01/30(A)		1,250		1,167

CITY NATIONAL ROCHDALE FUNDS | PAGE 6

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Melco Resorts Finance
4.875%, 06/06/25	$	3,600	$	3,430
Melco Resorts Finance
5.250%, 04/26/26		3,500		3,239
MGM China Holdings
5.250%, 06/18/25		2,700		2,587
Sands China
4.300%, 01/08/26		2,400		2,256
Sands China
3.350%, 03/08/29		6,100		5,084
Wynn Macau
5.500%, 01/15/26(A)		2,525		2,345
Total Entertainment & Gaming				20,108
Finance [0.0%]
Garfunkelux Holdco 3
6.750%, 11/01/25	EUR	450		359
Garfunkelux Holdco 3
7.750%, 11/01/25	GBP	600		544
Total Finance				903
Finance Companies [0.7%]
Navient
6.750%, 06/25/25		950		934
Navient
5.000%, 03/15/27		750		671
Navient
5.500%, 03/15/29		1,025		874
Rocket Mortgage
2.875%, 10/15/26(A)		2,025		1,792
Rocket Mortgage
3.625%, 03/01/29(A)		675		567
Rocket Mortgage
3.875%, 03/01/31(A)		3,130		2,538
Rocket Mortgage
4.000%, 10/15/33(A)		1,763		1,379
United Wholesale Mortgage
5.500%, 11/15/25(A)		4,180		3,978
5.500%, 04/15/29(A)		3,606		3,092
Total Finance Companies				15,825
Financial Services [0.9%]
Capital One Financial
3.750%, 03/09/27		4,350		4,051
Castlelake Aviation Finance DAC
5.000%, 04/15/27(A)		650		575
CSN Inova Ventures
6.750%, 01/28/28(A)		2,680		2,487
Encore Capital Group
4.250%, 06/01/28	GBP	1,000		973
Description	Face Amount (000)(1)		Value (000)
Genworth Mortgage Holdings
6.500%, 08/15/25(A)	$	2,371	$	2,330
Iqera Group SAS
9.823%, Euribor 3 Month + 6.500%, 02/15/27(B)	EUR	900		879
Jefferies Finance
5.000%, 08/15/28(A)		595		488
Macquarie Airfinance Holdings
8.375%, 05/01/28(A)		560		567
MGIC Investment
5.250%, 08/15/28		690		651
Midcap Financial Issuer Trust
6.500%, 05/01/28(A)		1,205		1,072
Nationstar Mortgage Holdings
6.000%, 01/15/27(A)		2,035		1,893
Nationstar Mortgage Holdings
5.500%, 08/15/28(A)		1,488		1,296
OEC Finance
7.500%, 03/14/72		35		3
OneMain Finance
9.000%, 01/15/29		600		605
PennyMac Financial Services
5.750%, 09/15/31(A)		1,250		1,020
Radian Group
4.500%, 10/01/24		575		560
Radian Group
6.625%, 03/15/25		749		748
Total Financial Services				20,198
Food & Beverage [0.3%]
Aramark Services
6.375%, 05/01/25(A)		775		774
BellRing Brands
7.000%, 03/15/30(A)		1,475		1,484
Performance Food Group
4.250%, 08/01/29(A)		1,125		1,002
Post Holdings
5.750%, 03/01/27(A)		632		617
Post Holdings
5.625%, 01/15/28(A)		1,075		1,033
US Foods
6.250%, 04/15/25(A)		225		225
US Foods
4.750%, 02/15/29(A)		925		847
Total Food & Beverage				5,982
Food, Beverage & Tobacco [0.9%]
Agrosuper
4.600%, 01/20/32(A)		5,125		4,331
BRF
4.875%, 01/24/30		3,955		3,217

CITY NATIONAL ROCHDALE FUNDS | PAGE 7

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Health & Happiness H&H International Holdings
5.625%, 10/24/24	$	2,500	$	2,289
Indofood CBP Sukses Makmur
3.398%, 06/09/31		2,700		2,278
Pilgrim's Pride
5.875%, 09/30/27(A)		665		657
Simmons Foods
4.625%, 03/01/29(A)		1,245		999
Turning Point Brands
5.625%, 02/15/26(A)		1,915		1,748
Tyson Foods
3.550%, 06/02/27		3,500		3,282
Vector Group
5.750%, 02/01/29(A)		2,165		1,883
Total Food, Beverage & Tobacco				20,684
Gaming [1.0%]
Affinity Interactive
6.875%, 12/15/27(A)		1,075		946
Allwyn Entertainment Financing UK
7.448%, Euribor 3 Month + 4.125%, 02/15/28(B)	EUR	1,500		1,633
Boyd Gaming
4.750%, 12/01/27		1,375		1,303
Caesars Entertainment
4.625%, 10/15/29(A)		625		546
Caesars Entertainment
7.000%, 02/15/30(A)		75		75
Churchill Downs
6.750%, 05/01/31(A)		550		544
Colt Merger Sub
6.250%, 07/01/25(A)		2,530		2,518
Colt Merger Sub
8.125%, 07/01/27(A)		3,160		3,233
MGM Resorts International
5.500%, 04/15/27		1,310		1,255
Midwest Gaming Borrower
4.875%, 05/01/29(A)		1,200		1,060
Mohegan Tribal Gaming Authority
8.000%, 02/01/26(A)		1,750		1,671
Penn Entertainment
5.625%, 01/15/27(A)		250		234
Penn Entertainment
4.125%, 07/01/29(A)		1,710		1,402
Scientific Games Holdings
6.625%, 03/01/30(A)		1,400		1,232
Scientific Games International
8.625%, 07/01/25(A)		1,525		1,557
Station Casinos
4.500%, 02/15/28(A)		4,035		3,622
Description	Face Amount (000)(1)		Value (000)
VICI Properties
5.625%, 05/01/24(A)	$	425	$	422
VICI Properties
3.500%, 02/15/25(A)		75		72
Total Gaming				23,325
Gas-Distribution [0.0%]
AmeriGas Partners
9.375%, 06/01/28(A)		405		411
Gold Mining [0.5%]
Aris Mining
6.875%, 08/09/26		5,406		3,959
Cia de Minas Buenaventura SAA
5.500%, 07/23/26		9,450		8,204
Total Gold Mining				12,163
Healthcare [1.1%]
AdaptHealth
4.625%, 08/01/29(A)		850		679
AdaptHealth
5.125%, 03/01/30(A)		525		425
Avantor Funding
4.625%, 07/15/28(A)		1,975		1,831
CHS
8.000%, 03/15/26(A)		375		365
CHS
5.625%, 03/15/27(A)		750		661
CHS
6.000%, 01/15/29(A)		250		210
CHS
6.875%, 04/15/29(A)		2,100		1,320
CHS
6.125%, 04/01/30(A)		550		328
DaVita
4.625%, 06/01/30(A)		2,685		2,305
Embecta
5.000%, 02/15/30(A)		475		394
Embecta
6.750%, 02/15/30(A)		1,000		896
Garden Spinco
8.625%, 07/20/30(A)		400		430
Global Medical Response
6.500%, 10/01/25(A)		1,000		550
IQVIA
5.000%, 10/15/26(A)		1,075		1,037
IQVIA
6.500%, 05/15/30(A)		200		202
LifePoint Health
6.750%, 04/15/25(A)		1,524		1,406

CITY NATIONAL ROCHDALE FUNDS | PAGE 8

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
LifePoint Health
5.375%, 01/15/29(A)	$	850	$	484
Medline Borrower
5.250%, 10/01/29(A)		4,375		3,796
MPH Acquisition Holdings
5.500%, 09/01/28(A)		1,105		942
RegionalCare Hospital Partners Holdings
9.750%, 12/01/26(A)		225		188
Tenet Healthcare
4.875%, 01/01/26		595		579
Tenet Healthcare
5.125%, 11/01/27		2,075		1,981
Tenet Healthcare
6.125%, 10/01/28		2,745		2,643
Tenet Healthcare
4.250%, 06/01/29		525		474
Tenet Healthcare
6.750%, 05/15/31(A)		450		451
Total Healthcare				24,577
Homebuilders/Materials/Construction [0.1%]
Ren10 Holding
7.625%, Euribor 3 Month + 4.375%, 02/01/27(B)	EUR	600		643
Victoria
3.625%, 08/24/26	EUR	500		448
Victoria
3.750%, 03/15/28	EUR	300		256
Total Homebuilders/Materials/Construction				1,347
Hotels and Motels [0.2%]
Hilton Grand Vacations Borrower Escrow
5.000%, 06/01/29(A)		1,000		887
Marriott Ownership Resorts
4.750%, 01/15/28		1,970		1,773
Travel + Leisure
6.625%, 07/31/26(A)		1,220		1,211
Total Hotels and Motels				3,871
Human Resources [0.0%]
House of HR Group BV
9.000%, 11/03/29	EUR	200		215
Independent Energy [1.0%]
Antero Resources
7.625%, 02/01/29(A)		159		161
Description	Face Amount (000)(1)		Value (000)
Antero Resources
5.375%, 03/01/30(A)	$	775	$	710
Ascent Resources Utica Holdings
7.000%, 11/01/26(A)		1,780		1,722
Ascent Resources Utica Holdings
9.000%, 11/01/27(A)		200		249
Ascent Resources Utica Holdings
8.250%, 12/31/28(A)		1,685		1,657
Berry Petroleum
7.000%, 02/15/26(A)		550		509
Callon Petroleum
6.375%, 07/01/26		1,020		993
Callon Petroleum
8.000%, 08/01/28(A)		815		806
Callon Petroleum
7.500%, 06/15/30(A)		550		519
Carrizo Oil & Gas
8.250%, 07/15/25		325		322
Chesapeake Energy
7.000%, 10/01/24(C) (E)		575		12
Chesapeake Energy
5.500%, 02/01/26(A)		1,435		1,399
Chord Energy
6.375%, 06/01/26(A)		500		495
Civitas Resources
8.375%, 07/01/28(A)		300		303
Civitas Resources
8.750%, 07/01/31(A)		150		152
Comstock Resources
6.750%, 03/01/29(A)		1,835		1,679
Comstock Resources
5.875%, 01/15/30(A)		1,425		1,238
CrownRock
5.625%, 10/15/25(A)		1,400		1,379
Occidental Petroleum
5.875%, 09/01/25		900		894
PDC Energy
6.125%, 09/15/24		387		387
PDC Energy
5.750%, 05/15/26		770		767
Permian Resources Operating
6.875%, 04/01/27(A)		1,475		1,453
Range Resources
4.875%, 05/15/25		397		389
Range Resources
8.250%, 01/15/29		650		674
SM Energy
6.750%, 09/15/26		1,075		1,048
SM Energy
6.625%, 01/15/27		645		627
SM Energy
6.500%, 07/15/28		940		902

CITY NATIONAL ROCHDALE FUNDS | PAGE 9

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Southwestern Energy
8.375%, 09/15/28	$	375	$	390
Southwestern Energy
5.375%, 03/15/30		300		280
Southwestern Energy
4.750%, 02/01/32		225		198
Tap Rock Resources
7.000%, 10/01/26(A)		925		953
Ultra Resources
7.125%, 04/15/25		—		—
Total Independent Energy				23,267
Industrial - Other [0.3%]
Emerald Debt Merger Sub
6.625%, 12/15/30(A)		1,850		1,834
Madison IAQ
5.875%, 06/30/29(A)		2,475		2,005
SPX FLOW
8.750%, 04/01/30(A)		2,225		2,002
TK Elevator Holdco GmbH
7.625%, 07/15/28(A)		500		454
Vertical US Newco
5.250%, 07/15/27(A)		850		785
Total Industrial - Other				7,080
Industrial Services [0.0%]
Prime Security Services Borrower
5.250%, 04/15/24(A)		731		725
Insurance [0.0%]
Alliant Holdings Intermediate
6.750%, 04/15/28(A)		590		589
Insurance - P&C [1.2%]
AmWINS Group
4.875%, 06/30/29(A)		1,800		1,625
Ardonagh Midco 2
11.500%, 01/15/27(A)		2,294		2,111
AssuredPartners
7.000%, 08/15/25(A)		2,090		2,064
AssuredPartners
5.625%, 01/15/29(A)		2,265		1,960
BroadStreet Partners
5.875%, 04/15/29(A)		3,725		3,232
GTCR AP Finance
8.000%, 05/15/27(A)		900		882
HUB International
7.000%, 05/01/26(A)		3,875		3,863
HUB International
5.625%, 12/01/29(A)		2,100		1,882
Description	Face Amount (000)(1)		Value (000)
HUB International
7.250%, 06/15/30(A)	$	600	$	620
Jones Deslauriers Insurance Management
8.500%, 03/15/30(A)		875		893
Jones Deslauriers Insurance Management
10.500%, 12/15/30(A)		1,000		1,003
NFP
6.875%, 08/15/28(A)		3,525		3,061
NFP
7.500%, 10/01/30(A)		500		484
Ryan Specialty LLC
4.375%, 02/01/30(A)		400		354
USI
6.875%, 05/01/25(A)		3,025		3,002
Total Insurance - P&C				27,036
Internet Connectiv Svcs [0.1%]
United Group BV
7.448%, Euribor 3 Month + 4.125%, 05/15/25(B)	EUR	1,500		1,623
United Group BV
8.125%, Euribor 3 Month + 4.875%, 02/01/29(A) (B)	EUR	500		499
Total Internet Connectiv Svcs				2,122
Investment Banker/Broker Dealer [0.2%]
Charles Schwab
2.000%, 03/20/28		5,400		4,648
Investment Companies [0.1%]
Hightower Holding
6.750%, 04/15/29(A)		2,747		2,376
Leisure [0.3%]
SeaWorld Parks & Entertainment
5.250%, 08/15/29(A)		1,900		1,701
Six Flags Entertainment
7.250%, 05/15/31(A)		875		852
Viking Cruises
6.250%, 05/15/25(A)		1,835		1,798
VOC Escrow
5.000%, 02/15/28(A)		1,750		1,606
Total Leisure				5,957
Lodging [0.1%]
Hilton Domestic Operating
5.750%, 05/01/28(A)		525		517

CITY NATIONAL ROCHDALE FUNDS | PAGE 10

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Hilton Domestic Operating
3.750%, 05/01/29(A)	$	925	$	821
Hilton Domestic Operating
3.625%, 02/15/32(A)		225		188
Total Lodging				1,526
Machinery [0.0%]
Manitowoc
9.000%, 04/01/26(A)		830		826
Machinery-General Indust [0.1%]
Chart Industries
7.500%, 01/01/30(A)		1,110		1,132
Marine Services [0.4%]
DP World Salaam
6.000%, H15T5Y + 5.750%, 01/01/72(B)		2,250		2,227
Mersin Uluslararasi Liman Isletmeciligi
5.375%, 11/15/24		7,450		7,195
Total Marine Services				9,422
Media Entertainment [1.0%]
Audacy Capital
6.500%, 05/01/27(A)		2,050		31
Audacy Capital
6.750%, 03/31/29(A)		1,350		30
CMG Media
8.875%, 12/15/27(A)		3,268		2,287
Cumulus Media New Holdings
6.750%, 07/01/26(A)		500		344
Diamond Sports Group
5.375%, 08/15/26(A) (C)		250		8
Gray Escrow II
5.375%, 11/15/31(A)		1,780		1,180
Gray Television
5.875%, 07/15/26(A)		400		357
Gray Television
7.000%, 05/15/27(A)		2,000		1,702
iHeartCommunications
6.375%, 05/01/26		444		372
iHeartCommunications
8.375%, 05/01/27		2,624		1,749
Lamar Media
4.875%, 01/15/29		1,525		1,418
Nexstar Broadcasting
5.625%, 07/15/27(A)		1,900		1,771
Nexstar Broadcasting
4.750%, 11/01/28(A)		275		239
Description	Face Amount (000)(1)		Value (000)
Outfront Media Capital
4.250%, 01/15/29(A)	$	975	$	819
Outfront Media Capital
4.625%, 03/15/30(A)		925		771
ROBLOX
3.875%, 05/01/30(A)		1,000		843
Scripps Escrow II
5.375%, 01/15/31(A)		825		581
Sinclair Television Group
5.125%, 02/15/27(A)		1,375		1,165
Sinclair Television Group
5.500%, 03/01/30(A)		1,200		692
Sinclair Television Group
4.125%, 12/01/30(A)		175		114
Stagwell Global
5.625%, 08/15/29(A)		3,100		2,653
TEGNA
4.625%, 03/15/28		425		375
TEGNA
5.000%, 09/15/29		1,300		1,121
Univision Communications
4.500%, 05/01/29(A)		775		666
Univision Communications
7.375%, 06/30/30(A)		625		595
Urban One
7.375%, 02/01/28(A)		1,500		1,307
Total Media Entertainment				23,190
Medical Labs and Testing Srv [0.0%]
US Acute Care Solutions
6.375%, 03/01/26(A)		1,155		989
Medical Products & Services [0.0%]
Bio City Development
8.000%, 07/06/19		1,000		50
Surgery Center Holdings
10.000%, 04/15/27(A)		150		153
Tenet Healthcare
4.375%, 01/15/30		645		582
Total Medical Products & Services				785
Medical-HMO [0.3%]
Molina Healthcare
4.375%, 06/15/28(A)		1,245		1,148
UnitedHealth Group
2.375%, 08/15/24		5,400		5,218
Total Medical-HMO				6,366

CITY NATIONAL ROCHDALE FUNDS | PAGE 11

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Metal-Copper [0.1%]
First Quantum Minerals
7.500%, 04/01/25(A)	$	795	$	794
Freeport Indonesia, MTN
5.315%, 04/14/32		2,425		2,287
Total Metal-Copper				3,081
Metal-Iron [0.1%]
TMS International
6.250%, 04/15/29(A)		1,950		1,638
Metals & Mining [0.2%]
Cleveland-Cliffs
4.625%, 03/01/29(A)		975		878
Cleveland-Cliffs
6.750%, 04/15/30(A)		200		193
Coeur Mining
5.125%, 02/15/29(A)		1,300		1,072
Vedanta Resources
6.125%, 08/09/24		3,095		2,316
Total Metals & Mining				4,459
Midstream [1.0%]
AmeriGas Partners
5.875%, 08/20/26		1,300		1,222
AmeriGas Partners
5.750%, 05/20/27		425		391
Antero Midstream Partners
7.875%, 05/15/26(A)		250		253
Antero Midstream Partners
5.750%, 03/01/27(A)		3,200		3,083
Cheniere Energy
4.625%, 10/15/28		800		747
CNX Midstream Partners
4.750%, 04/15/30(A)		1,200		1,018
Crestwood Midstream Partners
8.000%, 04/01/29(A)		1,375		1,392
Crestwood Midstream Partners
7.375%, 02/01/31(A)		425		419
DT Midstream
4.375%, 06/15/31(A)		1,500		1,292
EQT Midstream Partners
6.000%, 07/01/25(A)		248		245
EQT Midstream Partners
6.500%, 07/01/27(A)		2,820		2,781
6.500%, 07/15/48		725		656
EQT Midstream Partners
5.500%, 07/15/28		2,425		2,290
Hess Midstream Operations
5.125%, 06/15/28(A)		825		772
Description	Face Amount (000)(1)		Value (000)
Holly Energy Partners
5.000%, 02/01/28(A)	$	800	$	738
Solaris Midstream Holdings
7.625%, 04/01/26(A)		725		702
Suburban Propane Partners
5.875%, 03/01/27		1,000		966
Suburban Propane Partners
5.000%, 06/01/31(A)		675		565
Summit Midstream Holdings
5.750%, 04/15/25		625		568
Targa Resources Partners
6.500%, 07/15/27		1,050		1,043
Targa Resources Partners
5.000%, 01/15/28		500		477
Western Midstream Operating
4.650%, 07/01/26		150		144
Western Midstream Operating
4.750%, 08/15/28		200		190
Western Midstream Operating
5.300%, 03/01/48		1,150		959
Total Midstream				22,913
Miscellaneous Manufacturing [0.1%]
Anolis Capital Markets PCC
4.150%, 01/01/28	EUR	919		873
Bombardier
7.500%, 03/15/25(A)		317		317
Total Miscellaneous Manufacturing				1,190
Non-Ferrous Metals [0.1%]
Minsur
4.500%, 10/28/31		3,200		2,812
Oil Field Services [0.5%]
Archrock Partners
6.875%, 04/01/27(A)		2,350		2,256
Nabors Industries
7.250%, 01/15/26(A)		1,000		933
Nabors Industries
7.375%, 05/15/27(A)		1,555		1,480
Precision Drilling
7.125%, 01/15/26(A)		750		740
Precision Drilling
6.875%, 01/15/29(A)		705		637
Transocean Titan Financing
8.375%, 02/01/28(A)		612		625
USA Compression Partners
6.875%, 04/01/26		2,025		1,984

CITY NATIONAL ROCHDALE FUNDS | PAGE 12

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Weatherford International
8.625%, 04/30/30(A)	$	1,895	$	1,924
Total Oil Field Services				10,579
Oil-Field Services [0.0%]
ORO SG Pte
12.000%, 12/20/25		7,866		157
Packaging [0.7%]
ARD Finance
6.500%cash/0% PIK, 06/30/27(A)		2,157		1,749
Ardagh Metal Packaging Finance USA
4.000%, 09/01/29(A)		600		475
Ardagh Packaging Finance
5.250%, 08/15/27(A)		2,800		2,370
Ball
6.875%, 03/15/28		475		484
Ball
6.000%, 06/15/29		1,625		1,613
Clydesdale Acquisition Holdings
8.750%, 04/15/30(A)		3,900		3,440
Mauser Packaging Solutions Holding
7.875%, 08/15/26(A)		675		670
Mauser Packaging Solutions Holding
9.250%, 04/15/27(A)		750		692
OI European Group BV
4.750%, 02/15/30(A)		925		828
Owens-Brockway Glass Container
6.375%, 08/15/25(A)		1,475		1,479
Owens-Brockway Glass Container
7.250%, 05/15/31(A)		350		354
Trivium Packaging Finance BV
8.500%, 08/15/27(A)		2,550		2,454
Total Packaging				16,608
Packaging / Paper / Forest Products [0.0%]
Kleopatra Finco Sarl
4.250%, 03/01/26	EUR	700		637
Paper [0.0%]
Graphic Packaging International
4.750%, 07/15/27(A)		300		285
Description	Face Amount (000)(1)		Value (000)
Graphic Packaging International
3.500%, 03/15/28(A)	$	300	$	269
3.500%, 03/01/29(A)		525		459
Total Paper				1,013
Paper & Related Products [0.2%]
Domtar
6.750%, 10/01/28(A)		764		649
Mativ Holdings
6.875%, 10/01/26(A)		2,315		2,026
Suzano Austria GmbH
5.000%, 01/15/30		2,450		2,288
Total Paper & Related Products				4,963
Petroleum & Fuel Products [5.6%]
California Resources
7.125%, 02/01/26(A)		1,900		1,909
Canacol Energy
5.750%, 11/24/28		980		838
5.750%, 11/24/28(A)		8,828		7,552
Civitas Resources
5.000%, 10/15/26(A)		1,416		1,335
Cosan Luxembourg
7.500%, 06/27/30(A)		3,000		2,971
Cosan Overseas
8.250%, 02/05/72		3,275		3,257
Crestwood Midstream Partners
6.000%, 02/01/29(A)		280		261
Ecopetrol
6.875%, 04/29/30		6,297		5,745
Ecopetrol
8.875%, 01/13/33		1,230		1,218
Ecopetrol
5.875%, 05/28/45		4,500		3,083
Energy Transfer
4.750%, 01/15/26		3,500		3,420
Energy Transfer
6.625%, ICE LIBOR USD 3 Month + 4.155%, 02/15/72(B)		805		616
Ensign Drilling
9.250%, 04/15/24(A)		1,700		1,651
Geopark
5.500%, 01/17/27		10,155		8,241
Hilcorp Energy I
6.250%, 11/01/28(A)		2,616		2,463
KazMunayGas National JSC, MTN
5.375%, 04/24/30		2,550		2,365
Kinder Morgan
4.300%, 06/01/25		5,400		5,266
Kinetik Holdings
5.875%, 06/15/30(A)		1,300		1,237

CITY NATIONAL ROCHDALE FUNDS | PAGE 13

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Kosmos Energy
7.125%, 04/04/26	$	8,600	$	7,558
Kosmos Energy
7.500%, 03/01/28		500		414
Leviathan Bond
6.500%, 06/30/27(A)		8,466		8,085
Magnolia Oil & Gas Operating
6.000%, 08/01/26(A)		3,585		3,467
Medco Bell Pte
6.375%, 01/30/27		1,610		1,507
Medco Platinum Road Pte
6.750%, 01/30/25		721		711
Nabors Industries
5.750%, 02/01/25		375		363
New Fortress Energy
6.750%, 09/15/25(A)		2,475		2,322
Noble Finance II
8.000%, 04/15/30(A)		540		549
Nostrum Oil & Gas Finance BV
5.000%, 06/30/26		5,018		3,591
Nostrum Oil & Gas Finance BV
14.000%cash/0% PIK, 06/30/26		6,927		2,494
Offshore Drilling Holding
8.375%, 10/19/20		38,575		868
Oro Negro Drilling Pte
0.000%, (D) (E)		3,683		—
Oro Negro Drilling Pte
7.500%, 01/24/24(A) (C)		23,137		93
Patterson-UTI Energy
5.150%, 11/15/29		2,080		1,883
Petrobras Global Finance BV
5.500%, 06/10/51		2,600		2,046
Petroleos de Venezuela
8.500%, 10/27/20(C)		10,470		4,136
Petroleos de Venezuela
9.750%, 05/17/35(C)		8,689		308
Petroleos del Peru
4.750%, 06/19/32		2,900		2,194
Petroleos Mexicanos
10.000%, 02/07/33(A)		1,820		1,667
Rockies Express Pipeline
4.950%, 07/15/29(A)		1,450		1,332
Rockies Express Pipeline
7.500%, 07/15/38(A)		1,238		1,130
ShaMaran Petroleum
12.000%, 07/30/25(A)		13,628		12,878
Summit Midstream Holdings
9.000%, 10/15/26(A)		800		777
Tallgrass Energy Partners
7.500%, 10/01/25(A)		1,500		1,497
Talos Production
12.000%, 01/15/26		1,764		1,846
Description	Face Amount (000)(1)		Value (000)
Tengizchevroil Finance International
3.250%, 08/15/30	$	6,200	$	4,729
Transocean
8.750%, 02/15/30(A)		625		634
Tullow Oil
7.000%, 03/01/25		6,000		3,683
Valaris
8.375%, 04/30/30(A)		599		601
Vital Energy
7.750%, 07/31/29(A)		545		450
Total Petroleum & Fuel Products				127,241
Pharmaceuticals [0.3%]
Bausch Health
5.000%, 01/30/28(A)		625		265
5.000%, 02/15/29(A)		600		249
Bausch Health
6.250%, 02/15/29(A)		1,350		574
Bausch Health
7.250%, 05/30/29(A)		1,950		829
Bausch Health Americas
8.500%, 01/31/27(A)		750		410
Emergent BioSolutions
3.875%, 08/15/28(A)		1,100		640
Grifols Escrow Issuer
4.750%, 10/15/28(A)		1,975		1,714
Organon
5.125%, 04/30/31(A)		1,350		1,114
Syneos Health
3.625%, 01/15/29(A)		500		489
Total Pharmaceuticals				6,284
Pipelines [0.0%]
Allen Media
10.500%, 02/15/28(A)		835		430
Printing & Publishing [0.0%]
Cimpress
7.000%, 06/15/26		807		732
Real Estate [0.2%]
Emeria SASU
7.750%, 03/31/28	EUR	350		353
PCPD Capital
5.125%, 06/18/26		5,000		3,953
Total Real Estate				4,306

CITY NATIONAL ROCHDALE FUNDS | PAGE 14

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Real Estate Investment Trusts [0.3%]
Brookfield Property REIT
5.750%, 05/15/26(A)	$	2,430	$	2,227
Brookfield Property REIT
4.500%, 04/01/27(A)		2,765		2,328
MPT Operating Partnership
5.250%, 08/01/26		1,400		1,245
Necessity Retail REIT
4.500%, 09/30/28(A)		1,020		784
Total Real Estate Investment Trusts				6,584
Real Estate Oper/Develop [0.9%]
Country Garden Holdings
5.125%, 01/17/25		2,600		1,125
Dar Al-Arkan Sukuk
6.875%, 02/26/27		3,525		3,443
Howard Hughes
5.375%, 08/01/28(A)		1,865		1,660
Kaisa Group Holdings
11.700%, 11/11/25(C)		2,021		125
MAF Global Securities
6.375%, H15T5Y + 3.539%, 09/20/71(B)		4,775		4,629
Pakuwon Jati
4.875%, 04/29/28		7,800		6,954
Theta Capital Pte
6.750%, 10/31/26		2,000		1,421
Total Real Estate Oper/Develop				19,357
Regional Banks-Non US [0.2%]
Emirates NBD Bank PJSC
6.125%, CMTUSD6Y + 3.656%, 09/20/71(B)		4,500		4,434
REIT – other [0.0%]
RHP Hotel Properties
7.250%, 07/15/28(A)		200		202
Restaurants [0.2%]
1011778 BC ULC
3.500%, 02/15/29(A)		625		548
1011778 BC ULC
4.000%, 10/15/30(A)		3,600		3,081
KFC Holding
4.750%, 06/01/27(A)		975		941
Yum! Brands
4.750%, 01/15/30(A)		925		866
Total Restaurants				5,436
Description	Face Amount (000)(1)		Value (000)
Retail [1.3%]
Arcos Dorados BV
6.125%, 05/27/29	$	2,400	$	2,334
Bath & Body Works
6.950%, 03/01/33		843		756
Bath & Body Works
6.750%, 07/01/36		810		728
BlueLinx Holdings
6.000%, 11/15/29(A)		900		787
Fertitta Entertainment
6.750%, 01/15/30(A)		1,835		1,562
FirstCash
4.625%, 09/01/28(A)		815		727
FirstCash
5.625%, 01/01/30(A)		1,659		1,499
Foot Locker
4.000%, 10/01/29(A)		2,140		1,611
Future Retail
5.600%, 01/22/25(C)		16,200		305
InRetail Consumer
3.250%, 03/22/28		2,600		2,233
Macy's Retail Holdings
6.125%, 03/15/32(A)		551		482
Macy's Retail Holdings
5.125%, 01/15/42		700		473
Michaels
5.250%, 05/01/28(A)		2,125		1,717
QVC
4.450%, 02/15/25		292		258
QVC
5.450%, 08/15/34		3,460		1,669
Vivo Energy Investments BV
5.125%, 09/24/27		7,850		7,016
Walgreens Boots Alliance
3.450%, 06/01/26		5,400		5,063
Total Retail				29,220
Retail (non-food/drug) [0.0%]
eG Global Finance
6.250%, 10/30/25	EUR	900		932
Retailers [0.1%]
Academy
6.000%, 11/15/27(A)		1,050		1,008
Asbury Automotive Group
4.625%, 11/15/29(A)		1,100		976
Asbury Automotive Group
5.000%, 02/15/32(A)		350		305
Gap
3.625%, 10/01/29(A)		425		301

CITY NATIONAL ROCHDALE FUNDS | PAGE 15

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Gap
3.875%, 10/01/31(A)	$	450	$	307
Total Retailers				2,897
Security Brokers & Dealers [0.7%]
Bank of America, MTN
4.250%, 10/22/26		5,400		5,210
Citigroup
4.450%, 09/29/27		5,400		5,155
Morgan Stanley, MTN
3.125%, 07/27/26		5,450		5,102
Total Security Brokers & Dealers				15,467
Semi-Conductors [0.0%]
Tunghsu Venus Holdings
7.000%, 06/12/20(C)		4,275		385
Services [0.1%]
Castor
8.776%, Euribor 3 Month + 5.250%, 02/15/29(B)	EUR	2,275		2,309
Summer BC Holdco B SARL
5.750%, 10/31/26	EUR	500		485
Total Services				2,794
Steel & Steel Works [0.3%]
CAP
3.900%, 04/27/31		5,875		4,277
CSN Islands XI
6.750%, 01/28/28		800		742
CSN Resources
5.875%, 04/08/32(A)		1,075		866
Total Steel & Steel Works				5,885
Supermarkets [0.1%]
Albertsons
3.250%, 03/15/26(A)		625		577
Albertsons
7.500%, 03/15/26(A)		1,075		1,093
Albertsons
6.500%, 02/15/28(A)		450		451
Total Supermarkets				2,121
Technology [1.9%]
Ams
7.000%, 07/31/25(A)		475		419
Description	Face Amount (000)(1)		Value (000)
AthenaHealth Group
6.500%, 02/15/30(A)	$	3,425	$	2,883
Black Knight InfoServ
3.625%, 09/01/28(A)		1,475		1,325
Boxer Parent
9.125%, 03/01/26(A)		1,300		1,293
Capstone Borrower
8.000%, 06/15/30(A)		1,125		1,111
Central Parent
7.250%, 06/15/29(A)		1,800		1,782
Clarivate Science Holdings
3.875%, 07/01/28(A)		350		310
Clarivate Science Holdings
4.875%, 07/01/29(A)		1,575		1,397
Cloud Software Group
6.500%, 03/31/29(A)		2,435		2,168
Cloud Software Group
9.000%, 09/30/29(A)		900		782
Coherent
5.000%, 12/15/29(A)		1,950		1,760
Consensus Cloud Solutions
6.000%, 10/15/26(A)		825		750
Consensus Cloud Solutions
6.500%, 10/15/28(A)		1,400		1,197
Dun & Bradstreet
5.000%, 12/15/29(A)		1,075		948
Elastic
4.125%, 07/15/29(A)		1,325		1,143
Entegris Escrow
5.950%, 06/15/30(A)		1,100		1,055
GoTo Group
5.500%, 09/01/27(A)		1,950		1,073
HealthEquity
4.500%, 10/01/29(A)		1,525		1,344
Helios Software Holdings
4.625%, 05/01/28(A)		1,400		1,190
Iron Mountain
7.000%, 02/15/29(A)		1,075		1,077
McAfee
7.375%, 02/15/30(A)		3,400		2,956
Millennium Escrow
6.625%, 08/01/26(A)		900		662
NCR
5.000%, 10/01/28(A)		700		624
NCR
5.125%, 04/15/29(A)		2,540		2,249
NCR
5.250%, 10/01/30(A)		1,050		913
Open Text
3.875%, 02/15/28(A)		1,600		1,409
Rackspace Technology Global
3.500%, 02/15/28(A)		1,000		450

CITY NATIONAL ROCHDALE FUNDS | PAGE 16

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Rackspace Technology Global
5.375%, 12/01/28(A)	$	1,175	$	366
Rocket Software
6.500%, 02/15/29(A)		2,300		1,936
Science Applications International
4.875%, 04/01/28(A)		400		372
Seagate HDD Cayman
9.625%, 12/01/32(A)		1,651		1,821
Sensata Technologies BV
4.000%, 04/15/29(A)		600		534
Sensata Technologies BV
5.875%, 09/01/30(A)		475		462
SS&C Technologies
5.500%, 09/30/27(A)		1,325		1,269
Synaptics
4.000%, 06/15/29(A)		400		335
TTM Technologies
4.000%, 03/01/29(A)		775		659
Veritas US
7.500%, 09/01/25(A)		650		528
Viavi Solutions
3.750%, 10/01/29(A)		325		276
ZipRecruiter
5.000%, 01/15/30(A)		1,840		1,567
Total Technology				44,395
Technology, Electronics, Software & IT [0.0%]
Cedacri Mergeco SPA
7.948%, Euribor 3 Month + 4.625%, 05/15/28(B)	EUR	790		817
Telecommunications [0.1%]
Altice Financing
4.250%, 08/15/29	EUR	900		752
Altice France
3.375%, 01/15/28	EUR	100		79
Altice France
4.000%, 07/15/29	EUR	700		546
Altice France Holding
4.000%, 02/15/28	EUR	475		252
Eolo
4.875%, 10/21/28	EUR	400		325
Total Telecommunications				1,954
Telephones & Telecommunications [3.0%]
Altice France
8.125%, 02/01/27(A)		1,325		1,141
Altice France Holding
10.500%, 05/15/27(A)		520		315
Description	Face Amount (000)(1)		Value (000)
Altice France Holding
6.000%, 02/15/28(A)	$	325	$	158
Axian Telecom
7.375%, 02/16/27(A)		7,920		7,247
Axtel
6.375%, 11/14/24(A)		5,200		5,282
C&W Senior Financing DAC
6.875%, 09/15/27		7,150		6,238
CT Trust
5.125%, 02/03/32		800		642
5.125%, 02/03/32(A)		7,280		5,843
Digicel
6.750%, 09/01/23(A)		4,800		888
Iliad Holding SASU
6.500%, 10/15/26(A)		1,100		1,038
Iliad Holding SASU
7.000%, 10/15/28(A)		760		701
Internap Holdings LLC
0.000%,		61		9
Level 3 Financing
10.500%, 05/15/30(A)		1,865		1,893
Liberty Costa Rica Senior Secured Finance
10.875%, 01/15/31(A)		2,400		2,375
Oztel Holdings SPC
6.625%, 04/24/28		6,550		6,779
Sixsigma Networks Mexico
7.500%, 05/02/25		3,720		3,343
Telefonica Celular del Paraguay
5.875%, 04/15/27(A)		2,700		2,477
T-Mobile USA
3.750%, 04/15/27		3,250		3,076
Turk Telekomunikasyon
6.875%, 02/28/25		8,270		7,829
Turkcell Iletisim Hizmetleri
5.750%, 10/15/25		2,500		2,356
Viasat
5.625%, 04/15/27(A)		1,865		1,741
Vodafone Group
4.125%, 05/30/25		3,300		3,219
VTR Comunicaciones
5.125%, 01/15/28		3,770		1,964
VTR Comunicaciones
4.375%, 04/15/29		1,800		918
Total Telephones & Telecommunications				67,472
Textile-Products [0.1%]
Golden Legacy Pte. Ltd.
6.875%, 03/27/24		15,640		156

CITY NATIONAL ROCHDALE FUNDS | PAGE 17

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Prime Bloom Holdings
6.950%, 07/05/22	$	16,500	$	990
Total Textile-Products				1,146
Transportation Services [1.4%]
Adani International Container Terminal Pvt
3.000%, 02/16/31		2,654		2,078
Carnival
10.500%, 02/01/26(A)		475		499
Carnival
4.000%, 08/01/28(A)		3,770		3,352
Georgian Railway JSC
4.000%, 06/17/28		5,600		4,801
JSW Infrastructure
4.950%, 01/21/29(A)		4,500		3,850
NCL
5.875%, 02/15/27(A)		1,580		1,538
Royal Caribbean Cruises
5.500%, 08/31/26(A)		1,830		1,735
Royal Caribbean Cruises
5.375%, 07/15/27(A)		1,179		1,102
Royal Caribbean Cruises
3.700%, 03/15/28		740		641
Rumo Luxembourg Sarl
4.200%, 01/18/32		5,800		4,633
Stena International
6.125%, 02/01/25(A)		1,200		1,169
Transnet SOC
8.250%, 02/06/28(A)		3,680		3,574
Viking Cruises
9.125%, 07/15/31(A)		595		601
Watco
6.500%, 06/15/27(A)		1,000		950
XPO
6.250%, 06/01/28(A)		600		590
Total Transportation Services				31,113
Utility - Electric [0.3%]
Calpine
5.250%, 06/01/26(A)		289		279
Calpine
4.500%, 02/15/28(A)		925		837
Calpine
5.125%, 03/15/28(A)		625		558
Enviva Partners
6.500%, 01/15/26(A)		1,900		1,496
NRG Energy
5.750%, 01/15/28		1,450		1,374
TerraForm Power Operating
5.000%, 01/31/28(A)		1,125		1,036
Description	Face Amount (000)(1)		Value (000)
TransAlta
7.750%, 11/15/29	$	100	$	103
Vistra Operations
5.500%, 09/01/26(A)		1,000		962
Vistra Operations
5.625%, 02/15/27(A)		925		887
Total Utility - Electric				7,532
Water [0.2%]
Aegea Finance Sarl
6.750%, 05/20/29(A)		3,650		3,327
Wireless Communications [0.1%]
Sprint
7.625%, 02/15/25		1,000		1,021
7.625%, 03/01/26		800		831
Total Wireless Communications				1,852
Total Corporate Bonds
Cost ($1,422,809)				1,172,422
Mortgage-Backed Securities [16.2%]
522 Funding CLO, Ser 2021-7A, Cl E
11.493%, ICE LIBOR USD 3 Month + 6.220%, 04/23/34(A) (B)		1,700		1,416
Adagio IX EUR CLO DAC, Ser 2021-X, Cl E
9.546%, Euribor 3 Month + 6.020%, 09/15/34(B)	EUR	1,000		914
Anchorage Capital Europe CLO DAC, Ser 2021-4X, Cl E
8.971%, Euribor 3 Month + 5.710%, 04/25/34(B)	EUR	1,000		956
Arbour CLO III DAC, Ser 2021-3X, Cl ERR
9.067%, Euribor 3 Month + 5.890%, 07/15/34(B)	EUR	1,250		1,180
Armada Euro CLO II DAC, Ser 2018-2X, Cl F
9.773%, Euribor 3 Month + 6.450%, 11/15/31(B)	EUR	1,000		880
Bain Capital Euro CLO 2021-2 DAC, Ser 2021-2X, Cl A
4.197%, Euribor 3 Month + 1.020%, 07/17/34(B)	EUR	3,600		3,793
Bain Capital Euro CLO DAC, Ser 2018-1X, Cl E
8.170%, Euribor 3 Month + 4.970%, 04/20/32(B)	EUR	1,690		1,548

CITY NATIONAL ROCHDALE FUNDS | PAGE 18

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Ballyrock CLO 23, Ser 2023-23A, Cl A1
6.971%, TSFR3M + 1.980%, 04/25/36(A) (B)	$	10,000	$	10,011
Barings Euro CLO 2015-1 DAC, Ser 2022-1X, Cl ERR
10.121%, Euribor 3 Month + 6.860%, 07/25/35(B)	EUR	1,220		1,148
Barings Euro CLO BV, Ser 2018-1X, Cl E
7.297%, Euribor 3 Month + 4.120%, 04/15/31(B)	EUR	4,275		3,775
Barings Euro CLO BV, Ser 2018-2X, Cl E
8.227%, Euribor 3 Month + 5.050%, 10/15/31(B)	EUR	3,000		2,697
Battalion CLO 18, Ser 2021-18A, Cl ER
11.970%, ICE LIBOR USD 3 Month + 6.710%, 10/15/36(A) (B)		2,000		1,643
Battalion CLO X, Ser 2021-10A, Cl DR2
11.883%, ICE LIBOR USD 3 Month + 6.610%, 01/25/35(A) (B)		2,750		2,137
Battalion CLO XIV, Ser 2021-14A, Cl ER
12.110%, ICE LIBOR USD 3 Month + 6.860%, 01/20/35(A) (B)		3,500		2,906
Bbam US CLO I, Ser 2022-1A, Cl A1
6.366%, TSFR3M + 1.380%, 04/15/35(A) (B)		9,750		9,493
Birch Grove CLO 3, Ser 2021-3A, Cl E
12.245%, ICE LIBOR USD 3 Month + 6.980%, 01/19/35(A) (B)		4,000		3,485
Black Diamond CLO, Ser 2021-1A, Cl D
12.753%, ICE LIBOR USD 3 Month + 7.480%, 11/22/34(A) (B)		1,000		848
Blackrock European CLO DAC, Ser 2018-1X, Cl FR
10.126%, Euribor 3 Month + 6.600%, 03/15/31(B)	EUR	1,750		1,523
Blackrock European CLO III DAC, Ser 2021-3X, Cl ER
9.349%, Euribor 3 Month + 6.130%, 07/19/35(B)	EUR	3,000		2,861
Description	Face Amount (000)(1)		Value (000)
Blackrock European CLO IX DAC, Ser 2019-9X, Cl F
12.446%, Euribor 3 Month + 8.920%, 12/15/32(B)	EUR	1,250		1,153
Bluemountain Euro CLO DAC, Ser 2021-2X, Cl D
6.277%, Euribor 3 Month + 3.100%, 10/15/35(B)	EUR	1,150		1,126
Bosphorus CLO VI DAC, Ser 2021-6X, Cl E
9.222%, Euribor 3 Month + 5.800%, 05/25/34(B)	EUR	2,500		2,365
Bridgepoint CLO 2 DAC, Ser 2021-2X, Cl A
4.077%, Euribor 3 Month + 0.900%, 04/15/35(B)	EUR	5,400		5,707
BSL CLO 3, Ser 2021-3A, Cl E
12.200%, ICE LIBOR USD 3 Month + 6.950%, 10/20/34(A) (B)		2,000		1,743
Cairn CLO XI DAC, Ser 2019-11X, Cl E
9.947%, Euribor 3 Month + 6.770%, 07/15/32(B)	EUR	5,850		5,692
Cairn CLO XII DAC, Ser 2021-12X, Cl AR
4.167%, Euribor 3 Month + 0.990%, 07/15/34(B)	EUR	3,400		3,575
Cairn CLO XIII DAC, Ser 2021-13X, Cl E
9.320%, Euribor 3 Month + 6.120%, 10/20/33(B)	EUR	1,000		944
Cairn CLO XIV DAC, Ser 2021-14X, Cl A
4.242%, Euribor 3 Month + 1.000%, 10/29/34(B)	EUR	2,000		2,121
Cairn CLO XIV DAC, Ser 2021-14X, Cl E
9.352%, Euribor 3 Month + 6.110%, 10/29/34(B)	EUR	1,000		950
Capital Four CLO I DAC, Ser 2019-1X, Cl E
9.647%, Euribor 3 Month + 6.470%, 01/15/33(B)	EUR	1,500		1,459
Carlyle Euro CLO 2017-1 DAC, Ser 2021-1X, Cl DR
9.647%, Euribor 3 Month + 6.470%, 07/15/34(B)	EUR	1,650		1,587
Carlyle Euro CLO DAC, Ser 2022-3X, Cl C
6.823%, Euribor 3 Month + 3.500%, 02/15/36(B)	EUR	1,350		1,214

CITY NATIONAL ROCHDALE FUNDS | PAGE 19

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Carlyle Euro CLO DAC, Ser 2022-3X, Cl D
9.783%, Euribor 3 Month + 6.460%, 02/15/36(B)	EUR	2,700		2,500
Carlyle Global Market Strategies Euro CLO, Ser 2020-1X, Cl DR
8.677%, Euribor 3 Month + 5.500%, 01/16/33(B)	EUR	2,000		1,801
Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-1X, Cl ER
8.107%, Euribor 3 Month + 4.930%, 07/15/31(B)	EUR	3,300		3,051
Carlyle Global Market Strategies Euro CLO DAC, Ser 2018-3X, Cl DR
7.841%, Euribor 3 Month + 4.580%, 01/25/32(B)	EUR	2,400		2,172
Carlyle Global Market Strategies Euro CLO DAC, Ser 2022-2X, Cl DRR
9.930%, Euribor 3 Month + 6.650%, 11/10/35(B)	EUR	1,450		1,355
Cathedral Lake VI, Ser 2021-6A, Cl E
12.465%, ICE LIBOR USD 3 Month + 7.210%, 04/25/34(A) (B)		4,000		3,309
Cathedral Lake VIII, Ser 2021-8A, Cl E
12.740%, ICE LIBOR USD 3 Month + 7.490%, 01/20/35(A) (B)		2,000		1,690
CQS US CLO, Ser 2021-1A, Cl DJ
10.230%, ICE LIBOR USD 3 Month + 4.980%, 01/20/35(A) (B)		300		268
CQS US CLO 2022-2, Ser 2022-2A, Cl E1
11.899%, TSFR3M + 6.850%, 07/20/31(A) (B)		2,000		1,640
CVC Cordatus Loan Fund IV, Ser 2021-4X, Cl FRRR
11.443%, Euribor 3 Month + 8.060%, 02/22/34(B)	EUR	615		549
CVC Cordatus Loan Fund XVI DAC, Ser 2019-16X, Cl E
10.247%, Euribor 3 Month + 6.700%, 06/17/32(B)	EUR	1,000		1,001
CVC Cordatus Loan Fund XX DAC, Ser 2021-20X, Cl E
9.197%, Euribor 3 Month + 5.610%, 06/22/34(B)	EUR	1,000		947
Description	Face Amount (000)(1)		Value (000)
CVC Cordatus Loan Fund XXII DAC, Ser 2021-22X, Cl F
12.306%, Euribor 3 Month + 8.780%, 12/15/34(B)	EUR	1,700		1,543
Diameter Capital CLO 3, Ser 2022-3A, Cl D
11.786%, TSFR3M + 6.800%, 04/15/37(A) (B)		2,600		2,272
Dryden 29 Euro CLO 2013 BV, Ser 2018-29X, Cl ERR
7.927%, Euribor 3 Month + 4.750%, 07/15/32(B)	EUR	911		861
Dryden 32 Euro CLO 2014 BV, Ser 2018-32X, Cl FR
10.593%, Euribor 3 Month + 7.270%, 08/15/31(B)	EUR	1,250		951
Dryden 35 EURO CLO 2014 BV, Ser 2020-35X, Cl ER
9.507%, Euribor 3 Month + 6.330%, 01/17/33(B)	EUR	4,200		3,937
Dryden 69 Euro CLO 2018 DAC, Ser 2021-69X, Cl ER
9.545%, Euribor 3 Month + 6.370%, 10/18/34(B)	EUR	4,700		4,156
Dryden 88 Euro CLO 2020 DAC, Ser 2021-88X, Cl E
9.210%, Euribor 3 Month + 6.010%, 07/20/34(B)	EUR	1,500		1,341
Dryden 91 Euro CLO 2021 DAC, Ser 2022-91X, Cl E
10.235%, Euribor 3 Month + 7.060%, 04/18/35(B)	EUR	1,000		959
Elevation CLO, Ser 2019-1A, Cl D1R2
12.971%, ICE LIBOR USD 3 Month + 7.650%, 08/15/32(A) (B)		2,210		1,871
Euro-Galaxy III CLO DAC, Ser 2021-3X, Cl FRRR
11.191%, Euribor 3 Month + 7.980%, 04/24/34(B)	EUR	500		436
Euro-Galaxy IV CLO DAC, Ser 2021-4X, Cl DRR
6.292%, Euribor 3 Month + 3.050%, 07/30/34(B)	EUR	1,120		1,069
Euro-Galaxy V CLO DAC, Ser 2021-5X, Cl ERR
9.143%, Euribor 3 Month + 5.820%, 02/15/34(B)	EUR	1,350		1,301
Fair Oaks Loan Funding II DAC, Ser 2021-2X, Cl AR
4.057%, Euribor 3 Month + 0.880%, 04/15/34(B)	EUR	3,500		3,709

CITY NATIONAL ROCHDALE FUNDS | PAGE 20

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Fair Oaks Loan Funding III DAC, Ser 2021-3X, Cl AR
4.177%, Euribor 3 Month + 1.000%, 10/15/34(B)	EUR	10,000		10,592
Fidelity Grand Harbour CLO 2019-1 DAC, Ser 2019-1X, Cl E
9.536%, Euribor 3 Month + 6.010%, 03/15/32(B)	EUR	1,000		943
Franklin Park Place CLO I, Ser 2022-1A, Cl E
12.490%, TSFR3M + 7.500%, 04/14/35(A) (B)		3,160		2,781
Generate CLO 5, Ser 2018-5A, Cl E
11.283%, ICE LIBOR USD 3 Month + 6.010%, 10/22/31(A) (B)		2,500		2,213
GoldenTree Loan Management EUR CLO 3 DAC, Ser 2019-3X, Cl E
9.110%, Euribor 3 Month + 5.910%, 01/20/32(B)	EUR	3,550		3,400
Greywolf CLO II, Ser 2021-1A, Cl DRR
12.310%, ICE LIBOR USD 3 Month + 7.050%, 04/15/34(A) (B)		3,000		2,598
Greywolf CLO III, Ser 2020-3RA, Cl DR
12.251%, TSFR3M + 7.180%, 04/15/33(A) (B)		5,000		4,388
Guggenheim CLO 2022-2, Ser 2023-2A, Cl E
13.881%, TSFR3M + 9.240%, 01/15/35(A) (B)		3,000		2,848
Halseypoint CLO 7, Ser 2023-7A, Cl A
7.509%, TSFR3M + 2.250%, 07/20/36(A) (B)		10,000		10,000
Harvest CLO IX DAC, Ser 2017-9X, Cl ER
8.443%, Euribor 3 Month + 5.120%, 02/15/30(B)	EUR	1,000		928
Harvest CLO XXII DAC, Ser 2019-22X, Cl E
9.287%, Euribor 3 Month + 6.110%, 01/15/32(B)	EUR	1,500		1,414
Harvest CLO XXIII DAC, Ser 2020-23X, Cl F
11.510%, Euribor 3 Month + 8.310%, 10/20/32(B)	EUR	1,500		1,402
Description	Face Amount (000)(1)		Value (000)
Harvest CLO XXIV DAC, Ser 2021-24X, Cl AR
4.217%, Euribor 3 Month + 1.040%, 07/15/34(B)	EUR	5,000		5,292
Hayfin Emerald CLO IV DAC, Ser 2021-4X, Cl DR
6.627%, Euribor 3 Month + 3.450%, 10/15/34(B)	EUR	2,255		2,073
Hayfin Emerald CLO VIII DAC, Ser 2021-8X, Cl D
6.677%, Euribor 3 Month + 3.500%, 01/17/35(B)	EUR	1,400		1,242
Henley CLO III DAC, Ser 2021-3X, Cl ER
9.551%, Euribor 3 Month + 6.290%, 12/25/35(B)	EUR	1,050		1,018
Henley CLO IV DAC, Ser 2021-4X, Cl A
4.161%, Euribor 3 Month + 0.900%, 04/25/34(B)	EUR	2,500		2,640
ICG Euro CLO DAC, Ser 2021-1X, Cl E
9.637%, Euribor 3 Month + 6.460%, 10/15/34(B)	EUR	2,000		1,872
ICG Euro CLO DAC, Ser 2021-1X, Cl F
11.997%, Euribor 3 Month + 8.820%, 10/15/34(B)	EUR	1,000		892
Invesco Euro CLO IV DAC, Ser 2020-4X, Cl A
4.107%, Euribor 3 Month + 0.930%, 04/15/33(B)	EUR	3,700		3,937
Jamestown CLO XVII, Ser 2021-17A, Cl E
12.345%, ICE LIBOR USD 3 Month + 7.090%, 01/25/35(A) (B)		4,000		3,624
KKR CLO 14, Ser 2018-14, Cl ER
11.410%, ICE LIBOR USD 3 Month + 6.150%, 07/15/31(A) (B)		2,000		1,666
Logiclane I CLO DAC, Ser 2022-1X, Cl A
4.147%, Euribor 3 Month + 0.970%, 03/15/35(B)	EUR	5,000		5,228
Madison Park Euro Funding VII BV, Ser 2018-7X, Cl ER
8.122%, Euribor 3 Month + 4.700%, 05/25/31(B)	EUR	1,150		1,078
Madison Park Euro Funding XII DAC, Ser 2018-12X, Cl EN
8.377%, Euribor 3 Month + 5.200%, 10/15/31(B)	EUR	151		142

CITY NATIONAL ROCHDALE FUNDS | PAGE 21

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Man GLG Euro CLO I DAC, Ser 2018-1X, Cl ERR
8.027%, Euribor 3 Month + 4.850%, 10/15/30(B)	EUR	1,500		1,362
Man GLG Euro CLO II DAC, Ser 2016-2X, Cl F
11.927%, Euribor 3 Month + 8.750%, 01/15/30(B)	EUR	2,000		1,678
Man GLG Euro CLO V DAC, Ser 2018-5X, Cl E
9.386%, Euribor 3 Month + 5.860%, 12/15/31(B)	EUR	900		860
Man GLG Euro CLO VI DAC, Ser 2020-6X, Cl E
8.567%, Euribor 3 Month + 5.390%, 10/15/32(B)	EUR	1,300		1,200
Marble Point CLO XX, Ser 2021-1A, Cl E
12.383%, ICE LIBOR USD 3 Month + 7.110%, 04/23/34(A) (B)		1,000		890
Marble Point CLO XXII, Ser 2021-2A, Cl A
6.455%, ICE LIBOR USD 3 Month + 1.200%, 07/25/34(A) (B)		4,000		3,878
Midocean Credit CLO IX, Ser 2018-9A, Cl E
11.300%, ICE LIBOR USD 3 Month + 6.050%, 07/20/31(A) (B)		1,000		802
MidOcean Credit CLO X, Ser 2021-10A, Cl ER
12.433%, ICE LIBOR USD 3 Month + 7.160%, 10/23/34(A) (B)		3,000		2,395
MidOcean Credit CLO XII, Ser 2023-12A, Cl A1
7.060%, TSFR3M + 2.000%, 04/18/34(A) (B)		7,500		7,519
Northwoods Capital 20, Ser 2021-20A, Cl ER
13.105%, ICE LIBOR USD 3 Month + 7.850%, 01/25/32(A) (B)		2,438		2,131
Northwoods Capital 21 Euro DAC, Ser 2021-21X, Cl DR
6.461%, Euribor 3 Month + 3.250%, 07/22/34(B)	EUR	1,375		1,302
Northwoods Capital 21 Euro DAC, Ser 2021-21X, Cl ER
9.271%, Euribor 3 Month + 6.060%, 07/22/34(B)	EUR	2,300		2,094
Description	Face Amount (000)(1)		Value (000)
Northwoods Capital 21 Euro DAC, Ser 2021-21X, Cl FR
11.841%, Euribor 3 Month + 8.630%, 07/22/34(B)	EUR	3,230		2,724
Northwoods Capital 22, Ser 2022-22A, Cl D2R
10.927%, TSFR3M + 5.650%, 09/01/31(A) (B)		1,000		939
Northwoods Capital 22, Ser 2022-22A, Cl ER
13.467%, TSFR3M + 8.190%, 09/01/31(A) (B)		3,000		2,521
Northwoods Capital 25, Ser 2021-25A, Cl E
12.390%, ICE LIBOR USD 3 Month + 7.140%, 07/20/34(A) (B)		2,000		1,644
Northwoods Capital 26 Euro DAC, Ser 2022-26X, Cl E
10.747%, Euribor 3 Month + 7.570%, 07/15/35(B)	EUR	500		508
Northwoods Capital 27, Ser 2021-27A, Cl E
12.300%, ICE LIBOR USD 3 Month + 7.040%, 10/17/34(A) (B)		1,150		947
Northwoods Capital XV, Ser 2021-15A, Cl ER
13.150%, ICE LIBOR USD 3 Month + 7.640%, 06/20/34(A) (B)		2,000		1,754
OAK Hill European Credit Partners V DAC, Ser 2021-5X, Cl DR
6.805%, Euribor 3 Month + 3.600%, 01/21/35(B)	EUR	1,350		1,342
OAK Hill European Credit Partners V Designated Activity, Ser 2021-5X, Cl ER
9.575%, Euribor 3 Month + 6.370%, 01/21/35(B)	EUR	1,000		967
Oaktree CLO 2022-3, Ser 2022-3A, Cl A2
7.286%, TSFR3M + 2.300%, 07/15/35(A) (B)		4,300		4,316
Oaktree CLO 2023-1, Ser 2023-1A, Cl A1
6.761%, TSFR3M + 1.900%, 04/15/36(A) (B)		5,000		4,987
Ocean Trails CLO 8, Ser 2021-8A, Cl ER
12.710%, ICE LIBOR USD 3 Month + 7.450%, 07/15/34(A) (B)		1,000		867

CITY NATIONAL ROCHDALE FUNDS | PAGE 22

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Ocean Trails CLO VII, Ser 2019-7A, Cl E
12.140%, ICE LIBOR USD 3 Month + 6.880%, 04/17/30(A) (B)	$	3,000	$	2,148
Ocean Trails CLO XII, Ser 2022-12A, Cl E
13.159%, TSFR3M + 8.110%, 07/20/35(A) (B)		1,500		1,408
OCP Euro CLO DAC, Ser 2022-5X, Cl D
6.550%, Euribor 3 Month + 3.350%, 04/20/35(B)	EUR	1,300		1,236
OZLM IX, Ser 2018-9A, Cl DRR
11.370%, ICE LIBOR USD 3 Month + 6.120%, 10/20/31(A) (B)		2,000		1,639
OZLM VI, Ser 2018-6A, Cl DS
11.310%, ICE LIBOR USD 3 Month + 6.050%, 04/17/31(A) (B)		3,550		2,616
OZLM XI, Ser 2017-11A, Cl DR
12.299%, ICE LIBOR USD 3 Month + 7.000%, 10/30/30(A) (B)		3,000		2,444
OZLM XXII, Ser 2018-22A, Cl D
10.560%, ICE LIBOR USD 3 Month + 5.300%, 01/17/31(A) (B)		1,800		1,323
OZLM XXIV, Ser 2019-24A, Cl D
12.300%, ICE LIBOR USD 3 Month + 7.050%, 07/20/32(A) (B)		4,000		3,178
PARK BLUE CLO 2023-III, Ser 2023-3A, Cl A1
6.957%, TSFR3M + 2.000%, 04/20/36(A) (B)		10,000		9,965
Pikes Peak CLO 14 2023, Ser 2023-14A, Cl A1
7.010%, TSFR3M + 1.950%, 04/20/36(A) (B)		10,900		10,877
Purple Finance CLO 2 DAC, Ser 2019-2X, Cl E
9.600%, Euribor 3 Month + 6.400%, 04/20/32(B)	EUR	2,000		1,985
Regatta XV Funding, Ser 2018-4A, Cl D
11.755%, ICE LIBOR USD 3 Month + 6.500%, 10/25/31(A) (B)		1,750		1,457
Description	Face Amount (000)(1)		Value (000)
Rockford Tower Europe CLO 2019-1 DAC, Ser 2019-1X, Cl A
4.120%, Euribor 3 Month + 0.920%, 01/20/33(B)	EUR	13,970		14,853
Rockford Tower Europe CLO 2021-2 DAC, Ser 2021-2X, Cl F
12.111%, Euribor 3 Month + 8.900%, 01/24/35(B)	EUR	1,000		871
Rockford Tower Europe CLO DAC, Ser 2019-1X, Cl E
9.230%, Euribor 3 Month + 6.030%, 01/20/33(B)	EUR	2,000		1,909
Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl D
6.661%, Euribor 3 Month + 3.450%, 01/24/35(B)	EUR	1,200		1,136
Rockford Tower Europe CLO DAC, Ser 2021-2X, Cl E
9.431%, Euribor 3 Month + 6.220%, 01/24/35(B)	EUR	1,500		1,380
Sculptor CLO XXIX, Ser 2021-29A, Cl D2
10.143%, ICE LIBOR USD 3 Month + 4.870%, 10/22/34(A) (B)		1,010		897
Sculptor CLO XXVI, Ser 2021-26A, Cl E
12.500%, ICE LIBOR USD 3 Month + 7.250%, 07/20/34(A) (B)		1,000		891
Sculptor European CLO II DAC, Ser 2021-2X, Cl DR
6.777%, Euribor 3 Month + 3.600%, 04/15/34(B)	EUR	1,000		994
Sculptor European CLO II DAC, Ser 2021-2X, Cl ER
9.067%, Euribor 3 Month + 5.890%, 04/15/34(B)	EUR	1,100		1,048
Sculptor European CLO V DAC, Ser 2018-5X, Cl E
8.496%, Euribor 3 Month + 5.370%, 01/14/32(B)	EUR	1,200		1,137
Sculptor European CLO VI DAC, Ser 2021-6X, Cl DR
6.577%, Euribor 3 Month + 3.400%, 10/15/34(B)	EUR	1,350		1,281
Sculptor European CLO VII DAC, Ser 2020-7X, Cl F
11.557%, Euribor 3 Month + 8.380%, 01/15/34(B)	EUR	255		234

CITY NATIONAL ROCHDALE FUNDS | PAGE 23

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Sound Point CLO V-R, Ser 2018-1RA, Cl D
8.362%, ICE LIBOR USD 3 Month + 3.100%, 07/18/31(A) (B)	$	1,000	$	889
Sound Point CLO XXVIII, Ser 2020-3A, Cl A1
6.535%, ICE LIBOR USD 3 Month + 1.280%, 01/25/32(A) (B)		10,000		9,848
St. Paul's CLO III-R DAC, Ser 2018-3RX, Cl ER
7.607%, Euribor 3 Month + 4.430%, 01/15/32(B)	EUR	5,366		4,615
St. Paul's CLO V, Ser 2017-5X, Cl ER
8.533%, Euribor 3 Month + 5.150%, 02/20/30(B)	EUR	1,500		1,403
St. Paul's CLO VI DAC, Ser 2021-6X, Cl ERR
9.683%, Euribor 3 Month + 6.300%, 05/20/34(B)	EUR	1,000		956
St. Paul's CLO VII DAC, Ser 2021-7X, Cl ERR
9.295%, Euribor 3 Month + 6.120%, 07/18/34(B)	EUR	4,000		3,788
St. Paul's CLO VIII DAC, Ser 2017-8X, Cl E
7.777%, Euribor 3 Month + 4.600%, 07/17/30(B)	EUR	2,800		2,596
St. Paul's CLO X DAC, Ser 2021-10X, Cl DR
6.961%, Euribor 3 Month + 3.750%, 04/22/35(B)	EUR	250		245
St. Paul's CLO X DAC, Ser 2021-10X, Cl ER
9.571%, Euribor 3 Month + 6.360%, 04/22/35(B)	EUR	2,360		2,297
St. Paul's CLO XII DAC, Ser 2020-12X, Cl E
8.497%, Euribor 3 Month + 5.320%, 04/15/33(B)	EUR	1,710		1,603
Tikehau CLO II BV, Ser 2021-2X, Cl ER
9.813%, Euribor 3 Month + 6.320%, 09/07/35(B)	EUR	1,000		960
Tikehau CLO VI DAC, Ser 2021-6X, Cl E
9.497%, Euribor 3 Month + 6.320%, 01/15/35(B)	EUR	1,100		1,063
Description	Face Amount (000)(1)		Value (000)
Toro European CLO 2 DAC, Ser 2021-2X, Cl ERR
9.731%, Euribor 3 Month + 6.470%, 07/25/34(B)	EUR	2,000		1,946
Toro European CLO 3 DAC, Ser 2021-3X, Cl ERR
9.477%, Euribor 3 Month + 6.300%, 07/15/34(B)	EUR	2,000		1,934
Toro European CLO 6 DAC, Ser 2019-6X, Cl E
9.565%, Euribor 3 Month + 6.490%, 01/12/32(B)	EUR	1,207		1,135
Trimaran Cavu, Ser 2019-1A, Cl E
12.290%, ICE LIBOR USD 3 Month + 7.040%, 07/20/32(A) (B)		1,800		1,641
Trimaran Cavu, Ser 2019-2A, Cl D
12.212%, ICE LIBOR USD 3 Month + 6.950%, 11/26/32(A) (B)		1,750		1,559
Trimaran Cavu, Ser 2021-3A, Cl E
12.632%, ICE LIBOR USD 3 Month + 7.370%, 01/18/35(A) (B)		2,000		1,827
Trinitas CLO XI, Ser 2021-11A, Cl ER
12.530%, ICE LIBOR USD 3 Month + 7.270%, 07/15/34(A) (B)		1,000		825
Venture 45 CLO, Ser 2022-45A, Cl D1
9.049%, TSFR3M + 4.000%, 07/20/35(A) (B)		3,500		3,021
VIBR, Ser 2018-8A, Cl D
11.060%, TSFR3M + 6.012%, 01/20/31(A) (B)		2,000		1,366
Voya CLO, Ser 2018-3A, Cl DR
11.143%, TSFR3M + 6.161%, 10/18/31(A) (B)		2,500		2,121
Voya Euro CLO V DAC, Ser 2021-5X, Cl D
6.277%, Euribor 3 Month + 3.100%, 04/15/35(B)	EUR	1,100		1,087
Wellfleet CLO, Ser 2021-2A, Cl E
12.220%, ICE LIBOR USD 3 Month + 6.960%, 07/15/34(A) (B)		1,000		784
Wind River CLO, Ser 2021-1KRA, Cl ER2
12.610%, ICE LIBOR USD 3 Month + 7.350%, 10/15/34(A) (B)		2,000		1,530

CITY NATIONAL ROCHDALE FUNDS | PAGE 24

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Wind River CLO, Ser 2021-1KRA, Cl FR2
13.160%, ICE LIBOR USD 3 Month + 7.900%, 10/15/34(A) (B)	$	1,000	$	692
Total Mortgage-Backed Securities
Cost ($400,600)				370,015
Loan Participations [14.7%]
Aerospace and Defense [0.2%]
MB Aerospace Holdings II Corp., Initial Term Loan, 1st Lien
8.659%, LIBOR + 3.500%, 12/13/24(B)		662		656
Peraton Corp., Term B Loan, 1st Lien
9.003%, LIBOR + 3.750%, 02/01/28(B)		1,486		1,457
Peraton Corp., Term B-1 Loan, 2nd Lien
12.979%, LIBOR + 7.750%, 02/01/29(B)		510		493
Rand Parent/Atlas Air, Term Loan B, 1st Lien
9.492%, CME Term SOFR + 4.250%, 02/08/28(B)		855		802
Spirit Aerosystems, Inc. (fka Mid-Western Aircraft Systems, Inc and Onex Wind Finance LP.), 2022 Refinancing Term Loan
9.545%, CME Term SOFR + 4.500%, 04/01/28(B)		225		—
Spirit Aerosystems, Inc. (fka Mid-Western Aircraft Systems, Inc and Onex Wind Finance LP.), 2022 Refinancing Term Loan, 1st Lien
9.176%, CME Term SOFR + 4.500%, 11/08/27(B)		500		501
Transdigm Inc, Term Loan, 1st Lien
8.148%, CME Term SOFR + 3.250%, 08/24/28(B)		630		629
Total Aerospace and Defense				4,538
Automobile [0.1%]
CWGS Group, LLC, Initial Term Loan, 1st Lien
7.658%, LIBOR + 2.500%, 06/03/28(B)		997		950
Description	Face Amount (000)(1)		Value (000)
RVR Dealership Holdings, LLC, Term Loan, 1st Lien
8.971%, CME Term SOFR + 3.750%, 02/08/28(B)	$	1,089	$	1,011
Total Automobile				1,961
Automotive [0.1%]
Autokiniton US Holdings (L&W), Term Loan, 1st Lien
9.750%, 04/06/28(B)		997		991
Phinia Inc., Term Loan B
0.000%, 06/08/28(F)		1,000		997
Total Automotive				1,988
Banking [0.0%]
Nexus Buyer LLC, Term Loan, 1st Lien
9.003%, LIBOR + 3.750%, 11/09/26(B)		404		389
Beverage, Food and Tobacco [0.1%]
Biscuit Holding SAS, Facility B, 1st Lien
5.858%, Euribor + 4.000%, 02/05/27(B)		1,000		926
Naked Juice LLC, Initial Loan, 2nd Lien
10.998%, CME Term SOFR + 6.000%, 01/24/30(B)		670		528
Naked Juice LLC, Initial Term Loan, 1st Lien
8.248%, CME Term SOFR + 3.250%, 01/24/29(B)		559		519
Sigma Holdco B.V., Facility B1, 1st Lien
6.239%, Euribor + 3.500%, 07/02/25(B)		1,000		1,065
Whole Earth Brands, Inc., Term Loan, 1st Lien
9.548%, CME Term SOFR + 4.500%, 02/02/28(B)		371		286
Total Beverage, Food and Tobacco				3,324
Broadcasting and Entertainment [0.7%]
Allen Media, LLC, Initial Term Loan (2021), 1st Lien
10.548%, CME Term SOFR + 5.500%, 02/10/27(B)		645		555

CITY NATIONAL ROCHDALE FUNDS | PAGE 25

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Altice Financing S.A., 2022 Refinancing Dollar Commitments, 1st Lien
9.986%, CME Term SOFR + 5.000%, 10/28/27(B)	$	1,995	$	1,925
Altice France S.A., EUR TLB-[14] Loan, 1st Lien
8.677%, Euribor + 5.500%, 08/17/28(B)		1,497		1,419
Altice France S.A., USD TLB-[14] Loan, 1st Lien
10.486%, CME Term SOFR + 5.500%, 08/15/28(B)		1,927		1,709
Charter Communications Operating, LLC, Term B-2 Loan, 1st Lien
6.795%, CME Term SOFR + 1.750%, 02/01/27(B)		918		912
CMG Media Corporation, 2021 Term B Loan, 1st Lien
8.842%, LIBOR + 3.500%, 12/17/26(B)		786		702
CSC Holdings, LLC, March 2017 Refinancing Term Loan, 1st Lien
7.443%, LIBOR + 2.250%, 07/17/25(B)		2,072		1,993
DIRECTV Financing, LLC, Closing Date Term Loan, 1st Lien
10.217%, LIBOR + 5.000%, 08/02/27(B)		975		952
E.W. Scripps Company, The, Tranche B-2 Term Loan, 1st Lien
7.830%, LIBOR + 2.563%, 05/01/26(B)		997		977
Univision Communications Inc., 2021 Replacement Converted First-Lien Term Loan, 1st Lien
8.404%, LIBOR + 3.250%, 03/15/26(B)		1,807		1,790
Virgin Media Bristol LLC, Facility Q, 1st Lien
8.443%, LIBOR + 3.250%, 01/31/29(B)		1,825		1,815
Ziggo Financing Partnership, Term Loan I Facility, 1st Lien
7.693%, LIBOR + 2.500%, 04/30/28(B)		1,000		984
Total Broadcasting and Entertainment				15,733
Description	Face Amount (000)(1)		Value (000)
Buildings and Real Estate [0.3%]
Apollo Commercial Real Estate Finance, Inc., Initial Term Loan, 1st Lien
8.018%, LIBOR + 2.750%, 05/15/26(B)	$	661	$	620
Crown Subsea Communications Holding, Inc. , Initial Term Loan, 1st Lien
10.160%, LIBOR + 4.750%, 04/27/27(B)		721		720
Forest City Enterprises, L.P., Replacement Term Loan, 1st Lien
8.768%, LIBOR + 3.500%, 12/08/25(B)		700		550
Griffon Corporation, Term B Loan, 1st Lien
7.639%, CME Term SOFR + 2.500%, 01/19/29(B)		1,084		1,079
Mannington Mills, Inc., Tranche B-1 Loan, 1st Lien
8.909%, LIBOR + 3.750%, 08/06/26(B)		994		883
Oscar AcquisitionCo, LLC, Term B Loan, 1st Lien
9.498%, CME Term SOFR + 4.500%, 04/29/29(B)		1,298		1,267
Smyrna Ready Mix Concrete, LLC, Initial Term Loan, 1st Lien
9.503%, CME Term SOFR + 4.250%, 04/02/29(B)		800		799
Standard Industries Inc., Initial Term Loan, 1st Lien
7.692%, LIBOR + 2.250%, 08/06/28(B)		576		575
Total Buildings and Real Estate				6,493
Business equipment & services [0.2%]
Albion Financing 3 S.a r.l. (Albion Financing LLC), 2023 Incremental Euro Term Loan
8.461%, 08/17/26		1,500		1,629
Education Group SAS, The, Term Loan
7.733%, 09/29/28		1,000		1,089
Emerald X, Inc., Initial Term Loan
10.246%, 06/02/26		600		584
Shilton Bidco Limited, Facility B3
0.000%, 01/13/27(F)		1,000		1,079
Total Business equipment & services				4,381

CITY NATIONAL ROCHDALE FUNDS | PAGE 26

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Cargo Transport [0.1%]
Daseke Companies, Inc., Initial Term Loan (2021), 1st Lien
9.268%, LIBOR + 4.000%, 03/03/28(B)	$	870	$	851
Dynasty Acquisition Co., Inc., 2020 Term B-1 Loan, 1st Lien
8.753%, CME Term SOFR + 3.500%, 04/06/26(B)		901		892
Dynasty Acquisition Co., Inc., 2020 Term B-2 Loan, 1st Lien
8.753%, CME Term SOFR + 3.500%, 04/06/26(B)		484		480
LaserShip, Inc., Initial Loan, 2nd Lien
12.659%, LIBOR + 7.500%, 04/30/29(B)		645		452
LaserShip, Inc., Initial Term Loan, 1st Lien
9.659%, LIBOR + 4.500%, 05/07/28(B)		832		682
Total Cargo Transport				3,357
Chemicals [0.2%]
Consolidated Energy Limited Term Loan B
7.654%, LIBOR + 2.500%, 05/07/25(B)		1,807		1,760
Ineos, Term Loan, 1st Lien
8.753%, CME Term SOFR + 3.500%, 02/18/30(B)		1,465		1,455
Ravago, Term Loan B, 1st Lien
7.660%, 02/18/28		661		648
Vantage Specialty, Term Loan B, 1st Lien
9.897%, CME Term SOFR + 4.750%, 10/26/26(B)		955		926
Total Chemicals				4,789
Chemicals & plastics [0.2%]
Cyanco Intermediate 2 Corp., Initial Term Loan
0.000%, 06/29/28(F)		1,028		1,000
Envalior Finance GmbH, Facility B1 (EUR)
8.015%, 03/28/30		1,000		1,038
INEOS Enterprises Holdings US Finco LLC, 2030 Tranche B Dollar Term Loan
9.127%, CME Term SOFR + 3.750%, 06/23/30		580		574
Description	Face Amount (000)(1)		Value (000)
Windsor Holdings III, LLC, (EUR) Seven Year Term Loan
0.000%, Euribor + 4.500%, 06/21/30(B) (F)	$	1,000	$	1,069
Windsor Holdings III, LLC, (USD) Seven Year Term Loan
0.000%, CME Term SOFR + 4.500%, 06/21/30(B) (F)		445		437
Total Chemicals & plastics				4,118
Chemicals, Plastics and Rubber [0.7%]
ARC Falcon I Inc., Initial Term Loan, 1st Lien
8.904%, LIBOR + 3.750%, 09/22/28(B)		1,978		1,843
Ascend Performance Materials Operations LLC, 2021 Refinancing Term Loan, 1st Lien
9.715%, CME Term SOFR + 4.750%, 08/27/26(B)		997		976
Colouroz Investment 1 GMBH, Initial Term C Loan, 1st Lien
11.523%, PIK Interest + 0.750%, 09/21/23(B)		274		184
Colouroz Investment 2, LLC, Initial Term B-2 Loan, 1st Lien
11.523%, PIK Interest + 0.750%, 09/21/23(B)		971		653
H.B. Fuller, Term Loan B, 1st Lien
7.653%, 02/06/30		469		470
Herens Holdco S.a r.l., Facility B (EUR), 1st Lien
7.015%, Euribor + 4.000%, 07/03/28(B)		1,000		903
Herens Holdco S.a r.l., Facility B (USD), 1st Lien
9.159%, LIBOR + 4.000%, 04/28/28(B)		739		623
ILPEA Parent Inc., Term Loan, 1st Lien
9.654%, LIBOR + 4.500%, 06/18/28(B)		615		605
Ineos Group Holdings Ltd, Term Loan, 1st Lien
5.949%, 10/23/27		978		1,036
INEOS Styrolution Group GmbH, 2026 Tranche B Euro Term Loan, 1st Lien
5.963%, Euribor + 2.750%, 01/21/26(B)		1,500		1,575

CITY NATIONAL ROCHDALE FUNDS | PAGE 27

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Nouryon Finance B.V., Initial Dollar Term Loan, 1st Lien
7.895%, CME Term SOFR + 2.750%, 10/01/25(B)	$	940	$	939
PMHC II, Inc., Initial Term Loan, 1st Lien
9.304%, CME Term SOFR + 4.250%, 04/23/29(B)		870		765
Root Bidco Sarl, Term Loan, 1st Lien
8.172%, 09/29/27		1,000		1,086
Sirona Bidco, Term Loan, 1st Lien
7.003%, 10/20/28		2,500		2,628
Timber Servicios Empresariales, S.A., Facility B, 1st Lien
8.040%, Euribor + 4.750%, 03/30/29(B)		1,000		989
Trinseo Materials Operating S.C.A., 2021 Incremental Term Loan, 1st Lien
7.654%, LIBOR + 2.500%, 03/17/28(B)		752		593
Total Chemicals, Plastics and Rubber				15,868
Consumer Discretionary [0.1%]
Authentic Brands, Delayed Term Loan, 1st Lien
0.000%, 12/21/28(F)		247		246
Authentic Brands, Term Loan B2, 1st Lien
9.407%, CME Term SOFR + 4.000%, 12/21/28(B)		753		750
Camping World, Term Loan, 1st Lien
9.798%, 06/03/28		707		698
Patagonia, Cov-Lite Term Loan B, 1st Lien
10.789%, CME Term SOFR + 5.750%, 08/01/29(B)		635		537
Restoration Hardware, Term Loan B, 1st Lien
7.654%, 10/20/28		919		887
Total Consumer Discretionary				3,118
Consumer Durables [0.0%]
Justrite (Safety Products) Delay Draw
9.753%, 06/28/26		46		44
Justrite (Safety Products) Term Loan B
9.753%, 06/28/26		858		809
Total Consumer Durables				853
Description	Face Amount (000)(1)		Value (000)
Consumer Products [0.2%]
Philips DA, Term Loan, 1st Lien
5.942%, Euribor + 3.500%, 06/09/28(B)	$	1,500	$	1,486
Stiga SPA, Term Loan B-1, 1st Lien
7.186%, 03/02/26		2,584		2,636
Zara UK Midco, Term Loan, 1st Lien
8.509%, 02/03/25		1,000		890
Total Consumer Products				5,012
Consumer Staples [0.0%]
Tate & Lyle/Primary Products, Term Loan, 1st Lien
9.040%, 10/25/28		658		656
Containers, Packaging and Glass [0.0%]
Kleopatra Finco S.a r.l., Facility B (USD), 1st Lien
10.129%, CME Term SOFR + 4.750%, 02/12/26(B)		914		866
Diversified Media [0.1%]
Banijay Entertainment S.A.S. , Facility B (USD), 1st Lien
9.022%, LIBOR + 3.750%, 03/03/28(B)		1,152		1,143
Virgin Media, Term Loan, 1st Lien
3.747%, 01/31/27	GBP	1,000		1,212
Total Diversified Media				2,355
Diversified Natural Resources, Precious Metals and Minerals [0.1%]
Domtar Corporation, Initial Term Loan, 1st Lien
10.705%, LIBOR + 5.500%, 11/30/28(B)		987		975
Mativ Holdings, Inc., Term B Loan, 1st Lien
8.938%, LIBOR + 3.750%, 04/20/28(B)		997		958
Total Diversified Natural Resources, Precious Metals and Minerals				1,933
Diversified/Conglomerate Service [0.7%]
Amentum Government Services Holdings LLC, Tranche 3 Term Loan, 1st Lien
9.147%, CME Term SOFR + 4.000%, 02/15/29(B)		1,737		1,693

CITY NATIONAL ROCHDALE FUNDS | PAGE 28

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Employbridge Holding Company, Term B Loan, 1st Lien
9.909%, LIBOR + 4.750%, 07/14/28(B)	$	1,179	$	947
Energize Holdco LLC, Initial Term Loan, 1st Lien
8.904%, LIBOR + 3.750%, 12/08/28(B)		698		685
Medline Borrower, LP, Initial Dollar Term Loan, 1st Lien
8.404%, LIBOR + 3.250%, 10/23/28(B)		1,995		1,971
Mermaid Bidco Inc., Additional Term Facility (USD), 1st Lien
9.776%, LIBOR + 3.500%, 12/22/27(B)		499		493
MPH Acquisition Holdings LLC, Initial Term Loan, 1st Lien
9.726%, LIBOR + 4.250%, 09/01/28(B)		1,266		1,126
Physician Partners, LLC, Initial Term Loan, 1st Lien
9.048%, CME Term SOFR + 4.000%, 12/23/28(B)		916		859
Signal Parent, Inc., Initial Term Loan, 1st Lien
8.753%, LIBOR + 3.500%, 03/25/28(B)		943		761
Trans Union LLC, 2021 Incremental Term B-6 Loan, 1st Lien
7.518%, LIBOR + 2.250%, 12/01/28(B)		1,321		1,317
United Talent Agency, LLC, Term B Loan, 1st Lien
9.250%, CME Term SOFR + 4.000%, 07/07/28(B) (E)		662		653
Venga Finance S.a r.l., Initial Dollar Term Loan, 1st Lien
10.275%, LIBOR + 4.750%, 06/28/29(B)		1,354		1,297
Verisure Holding AB (publ), Facility B (EUR), 1st Lien
6.804%, Euribor + 3.250%, 01/15/28(B)		1,500		1,578
William Morris Endeavor Entertainment, LLC (IMG Worldwide Holdings, LLC), Term B-1 Loan, 1st Lien
7.910%, LIBOR + 2.750%, 05/18/25(B)		1,720		1,714
Total Diversified/Conglomerate Service				15,094
Description	Face Amount (000)(1)		Value (000)
Electronics [0.7%]
athenahealth Group Inc., Initial DDTL, 1st Lien
3.500%, UNFND + 3.500%, 02/15/29(B)	$	154	$	148
athenahealth Group Inc., Initial Term Loan, 1st Lien
8.589%, CME Term SOFR + 3.500%, 02/15/29(B)		1,249		1,201
Digi International Inc., Initial Term Loan, 1st Lien
10.153%, LIBOR + 5.000%, 12/15/28(B)		758		757
Evercommerce Solutions Inc., Term Loan, 1st Lien
8.404%, LIBOR + 3.250%, 07/06/28(B)		919		915
Instructure Holdings, Inc., Initial Term Loan, 1st Lien
7.852%, LIBOR + 2.750%, 10/20/28(B)		716		715
ION Trading Finance Limited, Initial Euro Term Loan (2021), 1st Lien
7.265%, Euribor + 4.250%, 03/26/28(B)		1,434		1,476
LSF9 Atlantis Holdings, LLC, Term Loan, 1st Lien
12.148%, CME Term SOFR + 7.250%, 03/31/29(B)		629		620
Magenta Buyer LLC, Initial Term Loan, 1st Lien
10.030%, LIBOR + 4.750%, 07/27/28(B)		1,414		1,060
McAfee Corp., Tranche B-1 Term Loan, 1st Lien
9.010%, CME Term SOFR + 3.750%, 03/01/29(B)		1,382		1,319
MH Sub I, LLC (Micro Holding Corp.), 2020 June New Term Loan, 1st Lien
8.904%, LIBOR + 3.750%, 09/13/24(B)		400		400
Open Text Corporation, Term B Loan, 1st Lien
8.753%, CME Term SOFR + 3.500%, 01/31/30(B)		1,602		1,609
Orchid Merger Sub II, LLC, Initial Term Loan, 1st Lien
9.798%, CME Term SOFR + 4.750%, 05/12/27(B)		793		572

CITY NATIONAL ROCHDALE FUNDS | PAGE 29

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Priority Holdings, LLC, Initial Term Loan, 1st Lien
11.226%, LIBOR + 5.750%, 04/21/27(B)	$	1,116	$	1,111
Rackspace Technology Global, Inc., 2021 Term B Loan, 1st Lien
7.996%, LIBOR + 2.750%, 02/15/28(B)		1,911		866
Sabre GLBL Inc., 2022 Term B-2 Loan, 1st Lien
10.253%, CME Term SOFR + 5.000%, 06/30/28(B)		701		555
Snap One Holdings Corp., Initial Term Loan, 1st Lien
9.659%, LIBOR + 4.500%, 12/08/28(B)		1,139		1,083
Xperi Holding Corporation, Initial Term B Loan, 1st Lien
8.768%, LIBOR + 3.500%, 06/02/25(B)		1,926		1,915
Total Electronics				16,322
Electronics/electrical [0.1%]
Capstone Borrower, Inc., Initial Term Loan
9.004%, 05/17/30		1,000		977
Idemia Group S.A.S., Term Loan (EUR)
0.000%, 09/22/28(F)		1,000		1,078
TTM Technologies, Inc., Term B Loan
7.886%, 05/23/30		896		894
Total Electronics/electrical				2,949
Energy [0.0%]
Arclight, Term Loan B, 1st Lien
8.961%, 04/13/28		812		804
Finance (including structured products) [0.7%]
AI Sirona (Luxembourg) Acquisition S.a r.l., Additional Facility B1 (EUR), 1st Lien
6.463%, Euribor + 3.250%, 09/29/25(B)	EUR	1,000		1,081
ASP Navigate Acquisition Corp., Initial Term Loan, 1st Lien
9.587%, LIBOR + 4.500%, 09/24/27(B)		1,139		1,113
Description	Face Amount (000)(1)		Value (000)
Castlelake Aviation One Designated Activity Company, 2023 Incremental Term Loan, 1st Lien
8.004%, CME Term SOFR + 2.750%, 10/22/27(B)	$	652	$	648
Citadel Securities LP, 2021 Term Loan, 1st Lien
7.768%, CME Term SOFR + 2.500%, 02/02/28(B)		997		995
CTC Holdings, L.P., Term Loan, 1st Lien
10.344%, CME Term SOFR + 5.000%, 02/20/29(B)		736		717
DRW Holdings, LLC, Initial Term Loan, 1st Lien
8.904%, LIBOR + 3.750%, 03/01/28(B)		1,000		990
FINThrive Software Intermediate Holdings, Inc., Initial Loan, 2nd Lien
11.904%, LIBOR + 6.750%, 11/19/29(B)		385		223
FINThrive Software Intermediate Holdings, Inc., Initial Term Loan, 1st Lien
9.154%, LIBOR + 4.000%, 12/18/28(B)		569		482
Geon Performance Solutions, LLC, Initial Term Loan, 1st Lien
9.659%, LIBOR + 4.500%, 08/18/28(B)		1,392		1,370
Guardian US Holdco LLC, Initial Term Loan, 1st Lien
9.045%, CME Term SOFR + 4.000%, 01/31/30(B)		780		774
Hexion Holdings Corporation, Initial Term Loan, 1st Lien
9.779%, CME Term SOFR + 4.500%, 03/15/29(B)		413		388
Hexion Holdings Corporation, Initial Term Loan, 2nd Lien
12.627%, CME Term SOFR + 7.438%, 02/09/30(B)		695		568
HighTower Holding, LLC, Initial Term Loan, 1st Lien
9.150%, LIBOR + 4.000%, 04/21/28(B)		847		823
Hudson River Trading LLC, Term Loan, 1st Lien
8.268%, CME Term SOFR + 3.000%, 03/20/28(B)		1,031		1,002

CITY NATIONAL ROCHDALE FUNDS | PAGE 30

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Jane Street Group, LLC, Dollar Term Loan, 1st Lien
8.018%, LIBOR + 2.750%, 01/26/28(B)	$	997	$	994
LendingTree, Inc., Initial Term B Loan, 1st Lien
8.910%, LIBOR + 3.750%, 08/25/28(B)		755		575
LSF11 A5 Holdco LLC, Term Loan, 1st Lien
8.768%, CME Term SOFR + 3.500%, 10/15/28(B)		580		572
Quirch Foods Holdings, LLC, 2022-1 Incremental Term Loan, 1st Lien
10.052%, CME Term SOFR + 4.500%, 10/27/27(B)		977		930
Starwood Property Mortgage, L.L.C., Term B-3 Loan, 1st Lien
8.503%, LIBOR + 3.250%, 07/26/26(B)		497		483
VFH Parent LLC, Initial Term Loan, 1st Lien
8.189%, CME Term SOFR + 3.000%, 01/13/29(B)		990		985
Villa Dutch Bidco, Term Loan, 1st Lien
7.880%, 03/01/30		1,000		1,068
Total Finance (including structured products)				16,781
Financial intermediaries [0.1%]
Helix Gen Funding, LLC, Term Loan
0.000%, 12/03/27(F)		1,018		1,000
Trevise Holdings 1, Facility B
0.000%, Euribor + 5.000%, 05/29/28(B) (F)		1,000		1,056
Total Financial intermediaries				2,056
Financial Services [0.1%]
Aretec Group Inc, Term Loan, 1st Lien
0.000%, 03/08/30(F)		1,500		1,495
Financials [0.2%]
Altisource Term Loan B (2018)
4.991%, 03/29/24		632		504
EIG Management, Term Loan B, 1st Lien
8.903%, 01/31/25		873		869
Description	Face Amount (000)(1)		Value (000)
Granite FR Bidco, Term Loan, 1st Lien
7.750%, 10/17/28	$	1,000	$	1,059
Indy US, Term Loan, 1st Lien
0.000%, 03/06/28(F)		1,000		1,038
Superannuation and Investments, Term Loan, 1st Lien
8.904%, 12/01/28		770		765
Total Financials				4,235
Food, Beverage and Tobacco [0.2%]
Artisan Newco BV, Term Loan, 1st Lien
8.030%, 02/02/29		990		1,051
Signature Foods, Term Loan, 1st Lien
6.699%, 01/29/28		1,000		1,034
ZF Invest, Senior Facility B, 1st Lien
7.050%, Euribor + 3.925%, 06/30/28(B)		2,000		2,035
Total Food, Beverage and Tobacco				4,120
Gaming [0.1%]
Premier Lotteries, Cov-Lite Term Loan B
6.265%, 06/26/24	EUR	2,336		2,421
Government [0.1%]
Japan Paris Club, Term Loan, 1st Lien
0.000%, 01/10/28(F)	JPY	216,667		1,186
Health care [0.0%]
Fortrea Holdings Inc., Initial Term B Loan
8.992%, CME Term SOFR + 3.750%, 06/12/30(B)		800		800
Healthcare [1.0%]
Alloheim Term Loan B
6.540%, 02/26/25	EUR	1,500		1,485
Auris Luxembourg III S.a r.l., Facility B1A, 1st Lien
7.781%, Euribor + 4.000%, 07/24/25(B)	EUR	2,000		2,057
Chrome Bidco, Facility B, 1st Lien
6.413%, Euribor + 3.250%, 05/12/28(B)		2,500		2,540

CITY NATIONAL ROCHDALE FUNDS | PAGE 31

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Cidron Ollopa Holding B.V., Facility B, 1st Lien
6.355%, Euribor + 3.250%, 04/16/25(B)	EUR	1,437		1,555
CTEC III GmbH, Facility B, 1st Lien
6.448%, Euribor + 3.750%, 01/19/29(B)		1,000		1,053
Diaverum Holding S.a.r.l. (fka Velox Bidco S.a.r.l.), Second Lien Facility
11.271%, Euribor + 8.000%, 05/24/24(B)	EUR	1,500		1,588
Domus VI
6.492%, 10/31/26		1,000		952
Gesundheits GmbH Term Loan
7.383%, 07/30/26	EUR	2,000		1,501
Indivior, Term Loan B, 1st Lien
10.410%, 06/26/26		776		772
Inovie Group, Term Loan, 1st Lien
7.015%, 03/03/28		2,000		1,946
Insulet Corporation, Term Loan B, 1st Lien
8.518%, 05/04/28		560		559
Mediq BV, Term Loan, 1st Lien
6.719%, 03/03/28		1,000		1,016
OneDigital Borrower LLC, 2021 Term Loan, 1st Lien
9.503%, CME Term SOFR + 4.250%, 11/16/27(B)		905		890
Onex TSG Intermediate Corp, Term Loan, 1st Lien
10.057%, 02/28/28		707		627
PetIQ, Term Loan, 1st Lien
9.455%, 04/07/28		1,027		950
Sotera Health, Term Loan, 1st Lien
8.816%, 12/11/26		735		734
TakeCare Bidco SAS, Term Loan, 1st Lien
6.915%, 05/26/28		1,000		1,077
TTF/Soliant Health, Cov-Lite Term Loan, 1st Lien
9.188%, 03/31/28		733		732
Vivalto Sante, Term Loan, 1st Lien
6.390%, 07/21/28		1,500		1,582
Total Healthcare				23,616
Healthcare, Education and Childcare [0.7%]
AHP Health Partners, Inc., Initial Term Loan, 1st Lien
8.654%, LIBOR + 3.500%, 08/24/28(B)		995		991
Description	Face Amount (000)(1)		Value (000)
Bach Finance Limited (aka Nord Anglia / Fugue Finance), Seventh Amendment Dollar Term Loan, 1st Lien
9.373%, CME Term SOFR + 4.500%, 01/31/28(B)	$	670	$	667
BVI Medical, Inc., Term B Loan, 1st Lien
6.001%, Euribor + 3.500%, 03/02/26(B)		1,000		920
CAB, Facility B, 1st Lien
5.602%, Euribor + 3.000%, 01/28/28(B)		1,000		1,019
Elsan SAS , Facility B5, 1st Lien
6.103%, Euribor + 3.350%, 06/16/28(B)		1,000		1,052
Envision Healthcare Corporation, Second Out Term Loan, 1st Lien
9.148%, CME Term SOFR + 4.250%, 03/31/27(B)		362		77
Envision Healthcare Corporation, Third Out Term Loan, 1st Lien
8.648%, CME Term SOFR + 3.750%, 03/31/27(B)		886		6
Icon Public Limited Company, Lux Term Loan, 1st Lien
7.410%, LIBOR + 2.250%, 07/03/28(B)		2,565		2,563
Icon Public Limited Company, U.S. Term Loan, 1st Lien
7.409%, LIBOR + 2.250%, 07/03/28(B)		639		639
Medical Solutions Holdings, Inc., Initial Term Loan, 1st Lien
8.614%, LIBOR + 3.500%, 10/06/28(B)		997		935
MJH Healthcare Holdings, LLC, Initial Term B Loan, 1st Lien
8.753%, CME Term SOFR + 3.500%, 12/17/28(B)		1,084		1,073
National Mentor Holdings, Inc., Initial Term C Loan, 1st Lien
8.748%, LIBOR + 3.750%, 03/02/28(B)		13		10
National Mentor Holdings, Inc., Initial Term Loan, 1st Lien
8.657%, LIBOR + 3.750%, 03/02/28(B)		645		485
Option Care Health, Inc., 2021 Refinancing Term Loan, 1st Lien
7.904%, LIBOR + 2.750%, 10/27/28(B)		1,315		1,313

CITY NATIONAL ROCHDALE FUNDS | PAGE 32

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Organon & Co., Dollar Term Loan, 1st Lien
8.250%, LIBOR + 3.000%, 06/02/28(B)	$	1,646	$	1,643
Perrigo Company PLC, Initial Term B Loan, 1st Lien
7.503%, CME Term SOFR + 2.500%, 04/06/29(B)		584		579
Petco Health and Wellness Company, Inc., Initial Term Loan, 1st Lien
8.410%, CME Term SOFR + 3.250%, 03/03/28(B)		985		977
Surgery Center Holdings, Inc., 2021 New Term Loan, 1st Lien
8.896%, LIBOR + 3.750%, 08/31/26(B)		969		967
Team Health Holdings, Inc., Extended Term Loan, 1st Lien
10.403%, CME Term SOFR + 5.250%, 03/02/27(B)		1,077		737
Total Healthcare, Education and Childcare				16,653
Home and Office Furnishings, Housewares and Durable Consumer Products [0.2%]
ACProducts Holdings, Inc., Initial Term Loan, 1st Lien
9.409%, LIBOR + 4.250%, 05/17/28(B)		1,347		1,129
Hunter Douglas Holding B.V., Tranche B-1 Term Loan, 1st Lien
8.666%, CME Term SOFR + 3.500%, 02/26/29(B)		928		878
Hunter Douglas, Term Loan, 1st Lien
0.000%, 02/26/29(F)		1,000		1,014
Samsonite International S.A., New Initial Tranche B Term Loan, 1st Lien
7.826%, CME Term SOFR + 2.750%, 06/09/30(B)		750		751
Weber-Stephen Products LLC, Initial Term B Loan, 1st Lien
8.518%, LIBOR + 3.250%, 10/20/27(B)		881		772
Total Home and Office Furnishings, Housewares and Durable Consumer Products				4,544
Description	Face Amount (000)(1)		Value (000)
Homebuilders/Materials/Construction [0.2%]
LSF10 XL Bidco S.C.A., Facility B4, 1st Lien
6.940%, Euribor + 3.925%, 04/12/28(B)	$	1,465	$	1,361
Tencate Grass, Term Loan, 1st Lien
8.178%, 10/21/28		1,000		1,020
Winterfell Financing S.a r.l., Facility B, 1st Lien
6.237%, 02/18/28	EUR	1,000		986
Total Homebuilders/Materials/Construction				3,367
Hotels, Leisure & Entertainment [0.1%]
Pax Midco Spain, S.L.U., Facility B, 1st Lien
8.489%, Euribor + 4.750%, 06/07/26(B)	EUR	2,000		2,023
Hotels, Motels, Inns and Gaming [0.4%]
Caesars Entertainment, Inc., 2023 Incremental Term B Loan, 1st Lien
8.503%, CME Term SOFR + 3.250%, 02/06/30(B)		998		997
Golden Entertainment, Inc., 2023 Refinancing Term B-1 Facility Loan, 1st Lien
7.939%, CME Term SOFR + 2.750%, 12/31/49		600		598
Light and Wonder International, Inc., Initial Term B Loan, 1st Lien
8.246%, CME Term SOFR + 3.000%, 04/14/29(B)		1,292		1,289
Penn National Gaming, Inc., Term B Facility Loan, 1st Lien
8.003%, CME Term SOFR + 2.750%, 04/21/29(B)		995		991
Pilot Travel Centers LLC, Initial Tranche B Term Loan , 1st Lien
7.253%, CME Term SOFR + 2.000%, 08/04/28(B)		991		988
Playa Resorts Holding B.V., 2022 Term Loan, 1st Lien
9.341%, CME Term SOFR + 4.250%, 11/23/28(B)		1,020		1,016
Scientific Games Holdings LP , Initial Dollar Term Loan, 1st Lien
8.421%, CME Term SOFR + 3.500%, 04/04/29(B)		1,243		1,226

CITY NATIONAL ROCHDALE FUNDS | PAGE 33

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Travel + Leisure Co., 2022 Incremental Term Loan, 1st Lien
9.354%, CME Term SOFR + 4.000%, 12/05/29(B)	$	557	$	556
Wyndham Hotels & Resorts, Inc., 2023 Term B Loan, 1st Lien
7.450%, CME Term SOFR + 2.250%, 05/11/30(B)		550		550
Total Hotels, Motels, Inns and Gaming				8,211
Industrials [0.1%]
American Gaming, Term Loan, 1st Lien
9.253%, 02/09/29		494		488
Chart Industries, Term Loan B, 1st Lien
8.941%, 03/15/30		599		597
GFL Environmental, Term Loan
8.145%, 05/28/27		703		703
Rubix Group, Term Loan, 1st Lien
0.000%, 09/12/26(F)		1,000		1,069
Vaco Holdings, LLC, Term Loan, 1st Lien
10.048%, 01/21/29		348		317
Total Industrials				3,174
Information Technology [0.3%]
Aspect Software, Term Loan, 2nd Lien
14.238%, 05/03/29		175		87
E2open, Term Loan B, 1st Lien
8.719%, 02/04/28		748		744
Magenta Buyer, Term Loan, 1st Lien
13.530%, 07/27/29		110		71
Sitel Worldwide, Cov-Lite Term Loan, 1st Lien
8.910%, 07/28/28		997		973
Ultra Clean Holdings, Term Loan, 1st Lien
8.904%, 08/27/25		1,880		1,878
Zacapa S.a r.l., Initial Term Loan (2022), 1st Lien
8.898%, CME Term SOFR + 4.250%, 02/10/29(B)		1,976		1,919
Total Information Technology				5,672
Description	Face Amount (000)(1)		Value (000)
Insurance [0.2%]
Acrisure, LLC, 2020 Term Loan, 1st Lien
8.654%, LIBOR + 3.500%, 02/15/27(B)	$	2,000	$	1,938
Asurion, LLC, New B-11 Term Loan, 1st Lien
9.503%, CME Term SOFR + 4.250%, 08/19/28(B)		1,000		949
Asurion, LLC, New B-4 Term Loan, 2nd Lien
10.404%, LIBOR + 5.250%, 01/20/29(B)		1,000		836
Total Insurance				3,723
Leisure Products [0.1%]
Topgolf Callaway, Term Loan, 1st Lien
8.753%, 03/15/30		1,197		1,195
Leisure, Amusement, Motion Pictures, Entertainment [0.1%]
Herschend Entertainment Company, LLC, Initial Term Loan (2021), 1st Lien
8.938%, LIBOR + 3.750%, 08/27/28(B)		725		726
Lakeshore Learning Materials, LLC, Initial Term Loan, 1st Lien
8.768%, LIBOR + 3.500%, 09/29/28(B)		672		666
Total Leisure, Amusement, Motion Pictures, Entertainment				1,392
Machinery (Non-Agriculture, Non-Construction and Non-Electronic) [0.2%]
ChampionX Corporation, Term B-1 Loan, 1st Lien
8.500%, CME Term SOFR + 3.250%, 05/13/29(B)		923		923
Coherent Corp., Initial Term B Loan, 1st Lien
8.018%, LIBOR + 2.750%, 07/02/29(B)		817		814
Gates Global LLC, Initial B-3 Dollar Term Loan, 1st Lien
7.753%, LIBOR + 2.500%, 03/31/27(B)		666		661

CITY NATIONAL ROCHDALE FUNDS | PAGE 34

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
MKS Instruments, Inc., Initial Dollar Term B Loan, 1st Lien
7.939%, CME Term SOFR + 2.750%, 08/17/29(B)	$	1,552	$	1,552
Total Machinery (Non-Agriculture, Non-Construction and Non-Electronic)				3,950
Manufacturing [0.1%]
Safic-Alcan, Term Loan, 1st Lien
8.140%, Euribor + 5.125%, 06/22/29(B)		1,000		1,084
Manufacturing/Machinery/Industrial [0.2%]
Alpha Bidco, Term Loan, 1st Lien
6.765%, 07/30/25		1,500		1,623
BCP V Modular Services, Term Loan, 1st Lien
7.515%, 10/07/28		2,000		2,043
Dexko Global Inc., Term Loan, 1st Lien
11.398%, 10/04/28		405		396
Distributed Power Term Loan B
6.339%, Euribor + 3.500%, 10/03/25(B)	EUR	1,000		1,072
Total Manufacturing/Machinery/Industrial				5,134
Materials [0.0%]
Caldic, Term Loan, 1st Lien
8.795%, 02/26/29		558		546
Media [0.0%]
Houghton Mifflin, Term Loan, 1st Lien
10.503%, 04/04/29		711		604
Metals & Mining [0.0%]
TMS International Corp, Term Loan, 1st Lien
9.903%, CME Term SOFR + 4.750%, 03/07/30(B)		524		521
Mining, Steel, Iron and Nonprecious Metals [0.0%]
NWR Holdings B.V., Super Senior Term Facility, 1st Lien
14.500%, 12/31/49	EUR	1,011		—
Description	Face Amount (000)(1)		Value (000)
Oxbow Carbon LLC, Tranche B Term Loan (2023), 1st Lien
9.157%, CME Term SOFR + 4.000%, 05/05/30(B)	$	615	$	612
Total Mining, Steel, Iron and Nonprecious Metals				612
Oil and Gas [0.2%]
AL NGPL Holdings, LLC, Third Amendment Incremental Term Loan
9.012%, 04/13/28		85		84
BlackBrush Oil & Gas, L.P., Closing Date Commitment (Term Loan), 1st Lien
10.647%, LIBOR + 5.000%, 09/03/25(B)		446		424
Keane Group Holdings, LLC, Initial Term Loan, 1st Lien
8.688%, LIBOR + 3.500%, 05/19/25(B)		1,620		1,618
M6 ETX Holdings II Midco LLC, Initial Term Loan, 1st Lien
9.677%, CME Term SOFR + 4.500%, 09/19/29(B)		1,405		1,392
Medallion Midland Acquisition, LLC, Initial Term Loan, 1st Lien
8.910%, CME Term SOFR + 3.750%, 10/18/28(B)		636		630
Oryx Midstream Services Permian Basin LLC, 2023 Incremental Term Loan, 1st Lien
8.539%, CME Term SOFR + 3.250%, 10/05/28(B)		1,407		1,402
Total Oil and Gas				5,550
Packaging / Paper / Forest Products [0.2%]
Kleopatra Finco S.a r.l., Facility B (EUR), 1st Lien
7.983%, Euribor + 4.750%, 02/04/26(B)		1,000		1,000
Multi-Color Coporation, Term Loan, 1st Lien
8.199%, Euribor + 5.000%, 10/20/28(B)		977		1,046
Weener Plastics Group Term Loan B
6.677%, Euribor + 3.750%, 06/20/25(B)	EUR	1,500		1,622
Total Packaging / Paper / Forest Products				3,668

CITY NATIONAL ROCHDALE FUNDS | PAGE 35

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Personal and Non-Durable Consumer Products (Manufacturing Only) [0.0%]
ABG Intermediate Holdings 2 LLC, Initial Term Loan, 2nd Lien
11.253%, CME Term SOFR + 6.000%, 12/20/29(B)	$	310	$	287
Personal Transportation [0.2%]
AAdvantage Loyality IP Ltd. (American Airlines, Inc.), Initial Term Loan, 1st Lien
10.000%, LIBOR + 4.750%, 04/20/28(B)		2,000		2,040
Mileage Plus Holdings LLC (Mileage Plus Intellectual Property Assets, Ltd.), Initial Term Loan, 1st Lien
10.764%, LIBOR + 5.250%, 06/21/27(B)		1,882		1,953
SkyMiles IP Ltd. (Delta Air Lines, Inc.), Initial Term Loan, 1st Lien
8.799%, LIBOR + 3.750%, 10/20/27(B)		954		990
Total Personal Transportation				4,983
Pharmaceuticals [0.5%]
Aenova, Term Loan
7.332%, 03/06/26		2,500		2,633
Cheplapharm, Term Loan, 1st Lien
7.108%, Euribor + 3.750%, 02/09/29		2,000		2,145
Financiere Verdi I SAS, 1st Lien
8.680%, 03/31/28		1,000		1,097
Nextpharma Holdings Ltd, Term Loan, 1st Lien
6.515%, 03/31/28		1,000		1,019
Nidda Healthcare Holding GmbH, Facility F (EUR), 1st Lien
6.915%, Euribor + 3.500%, 08/21/26(B)		2,000		2,098
Organon & Co, Term Loan, 1st Lien
6.490%, 06/02/28		990		1,068
Stamina BidCo B.V., Facility B, 1st Lien
7.175%, Euribor + 4.000%, 11/02/28(B)		1,000		1,074
Total Pharmaceuticals				11,134
Description	Face Amount (000)(1)		Value (000)
Printing, Publishing and Broadcasting [0.3%]
AppLovin Corporation, Initial Term Loan, 1st Lien
8.503%, CME Term SOFR + 3.350%, 08/15/25(B)	$	1,583	$	1,581
Digital Media Solutions, LLC, Initial Term Loan, 1st Lien
10.159%, LIBOR + 5.000%, 05/19/26(B)		679		528
Dun & Bradstreet Corporation, The, 2022 Incremental Term B-2 Loan, 1st Lien
8.334%, CME Term SOFR + 3.250%, 01/18/29(B)		997		994
Magnite, Inc., Initial Term Loan, 1st Lien
10.154%, LIBOR + 5.000%, 04/28/28(B)		941		935
Neptune BidCo US Inc., Euro Term B Loan, 1st Lien
8.055%, Euribor + 5.000%, 04/11/29(B)		1,000		1,001
Summer (BC) Bidco B LLC, Additional Facility B2 (USD), 1st Lien
9.659%, LIBOR + 4.500%, 12/04/26(B)		788		738
Total Printing, Publishing and Broadcasting				5,777
Publishing and Media-other [0.1%]
Infinitas Learn Cov-Lite Lien1
7.769%, 07/21/28		1,000		1,044
S4 Capital Lux, Term Loan, 1st Lien
7.163%, 07/31/28		1,000		1,073
Total Publishing and Media-other				2,117
Retail [0.1%]
Ascena Retail Group, Inc. (Anntaylor Retail, Inc.), Tranche B Term Loan, 1st Lien
5.250%, LIBOR + 4.500%, 08/28/23(B)		248		1
Belk,Inc., First-Out Loan, 1st Lien
12.976%, LIBOR + 7.500%, 07/31/25(B)		1,635		1,316
Belk,Inc., Second-Out Loan, 1st Lien
10.000%, FIXED + 0.000%, 07/31/25(B)		658		75

CITY NATIONAL ROCHDALE FUNDS | PAGE 36

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
J.C. Penney Corporation, Inc. , Loan (2016), 1st Lien
5.250%, LIBOR + 4.250%, 06/23/23(B) (E)	$	794	$	1
Sally Beauty, Term Loan B, 1st Lien
7.653%, CME Term SOFR + 2.500%, 02/15/30		998		996
Total Retail				2,389
Retail (non-food/drug) [0.3%]
AL AS Adventure, Term Loan, 1st Lien
8.637%, 04/24/26		2,228		2,213
Euro Garage Limited (EG Group) (GBP) Term Loan B
8.454%, LIBOR + 4.750%, 02/07/25(B)	GBP	907		1,125
Peer Holding Iii B.V
6.377%, 11/27/26	EUR	2,000		2,139
THG Operations Holdings Limited, Facility B, 1st Lien
8.262%, 12/10/26	EUR	1,000		951
Total Retail (non-food/drug)				6,428
Retail Stores [0.3%]
Belfor Holdings Inc., Initial Term Loan, 1st Lien
9.154%, LIBOR + 4.000%, 04/06/26(B)		1,243		1,239
CD&R Firefly Bidco Limited, Facility B5, 1st Lien
10.487%, SONIA + 6.000%, 06/21/28		1,000		1,227
Evergreen Acqco 1 LP, Initial Term Loan, 1st Lien
10.660%, CME Term SOFR + 5.500%, 04/21/28(B)		583		582
Great Outdoors Group, LLC, Term B-2 Loan, 1st Lien
8.904%, LIBOR + 3.750%, 03/06/28(B)		900		892
Jo-Ann Stores, LLC, Term B-1 Loan, 1st Lien
10.018%, LIBOR + 4.750%, 06/30/28(B)		791		402
LBM Acquisition, LLC, Initial Term Loan, 1st Lien
8.904%, LIBOR + 3.750%, 12/17/27(B)		1,181		1,132
Description	Face Amount (000)(1)		Value (000)
Prime Security Services Borrower, LLC, 2021 Refinancing Term B-1 Loan, 1st Lien
7.943%, LIBOR + 2.750%, 09/23/26(B)	$	834	$	833
Rising Tide Holdings, Inc., Initial Term Loan
13.764%, CME Term SOFR + 8.250%, 06/01/29(B)		241		24
0.000%, CME Term SOFR + 8.250%, 06/01/29(B) (F)		245		74
Rising Tide Holdings, Inc., Initial Term Loan, 1st Lien
10.264%, CME Term SOFR + 4.750%, 06/01/28		143		85
Toys 'R' Us Property Company I, LLC, Term Loan
0.000%, 03/20/22(F)		9		43
Total Retail Stores				6,533
Services [0.9%]
Adtalem Global, Term Loan B, 1st Lien
9.154%, 08/12/28		1,444		1,443
American Public Education, Term Loan B, 1st Lien
10.654%, 03/29/27		759		729
Assystem Technologies, Term Loan, 1st Lien
7.540%, 09/27/24		1,000		1,019
Boels, Term Loan
6.565%, 02/06/27		1,000		1,079
Eagle Bidco Limited, Term Loan, 1st Lien
8.961%, 03/10/28		1,182		1,407
Foncia, Term Loan, 1st Lien
7.077%, 03/17/28		1,000		1,022
Franklin UK Midco Limited, New Facility B1, 1st Lien
7.643%, Euribor + 5.250%, 12/18/26(B)		598		636
Franklin UK Midco Limited, New Facility B2, 1st Lien
7.643%, Euribor + 5.250%, 12/18/26(B)		20		21
Franklin UK Midco Limited, New Facility B3, 1st Lien
6.712%, Euribor + 5.250%, 12/18/26(B)		231		246

CITY NATIONAL ROCHDALE FUNDS | PAGE 37

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Franklin UK Midco Limited, New Facility B4, 1st Lien
8.862%, Euribor + 5.250%, 12/18/26(B)	$	151	$	160
Kronosnet, Term Loan, 1st Lien
8.961%, 07/28/29		1,500		1,503
MGroup Term Loan B
8.837%, 07/25/25	GBP	1,700		2,116
Oravel Stays, Term Loan B, 1st Lien
13.790%, 06/05/26		849		716
QA Term Loan
9.338%, LIBOR + 4.750%, 07/26/24(B)	GBP	1,500		1,837
Sapphire Bidco B.V., Facility B, 1st Lien
5.803%, 05/05/25	EUR	1,500		1,628
Sitel Group, Term Loan, 1st Lien
6.950%, 07/28/28		1,500		1,575
St. George's University Scholastic Services LLC, Term Loan B, 1st Lien
8.503%, 02/10/29		771		764
Unique BidCo AB, Facility B Loan, 1st Lien
8.565%, Euribor + 5.250%, 03/11/29(B)		1,000		1,031
Vistra, Term Loan
6.963%, 10/27/25		953		1,035
WSH Term Loan
9.461%, 02/27/26	GBP	1,000		1,206
Total Services				21,173
Shipping [0.0%]
Worldwide Express/GlobalTranz, Term Loan, 2nd Lien
12.160%, 07/26/29		350		273
Software & Service [0.0%]
Roper Technologies, Term Loan, 1st Lien
0.000%, 11/30/29(F)		1,000		1,068
Technology [0.1%]
Lumileds, Exit Takeback Term Loan, 1st Lien
14.045%, 10/31/27		145		71
UST Holdings Ltd, Term Loan, 1st Lien
8.768%, 11/20/28		766		754
Description	Face Amount (000)(1)		Value (000)
Virtusa, Term Loan, 1st Lien
9.331%, 02/11/28	$	1,249	$	1,232
Total Technology				2,057
Technology Hardware [0.0%]
SubCom, Incremental Term Loan, 1st Lien
10.525%, CME Term SOFR + 5.250%, 04/27/27(B)		185		185
Technology, Electronics, Software & IT [0.2%]
Civica, Term Loan, 1st Lien
8.950%, 10/10/24(B)	GBP	1,000		1,227
Colour Bidco (NGA UK) Term Loan B
9.201%, LIBOR + 5.250%, 11/22/24(B)	GBP	1,606		1,958
Polaris Newco LLC, Term Loan, 1st Lien
7.242%, 06/02/28		970		924
Total Technology, Electronics, Software & IT				4,109
Telecommunications [0.8%]
AP Core Holdings II, LLC, Term B-2 Loan, 1st Lien
10.654%, LIBOR + 5.500%, 09/01/27(B)		500		482
Circet Europe, Senior Facility B, 1st Lien
6.265%, Euribor + 3.250%, 07/09/28(B)		1,500		1,597
Connect Finco Sarl, Amendment No. 1 Refinancing Term Loan, 1st Lien
8.660%, LIBOR + 3.500%, 12/11/26(B)		2,008		2,005
Coral-US Co-Borrower LLC, Term B-5 Loan, 1st Lien
7.443%, LIBOR + 2.250%, 01/31/28(B)		1,000		985
Creation Technologies Inc., Initial Term Loan, 1st Lien
10.723%, LIBOR + 5.500%, 09/14/28(B)		763		724
Intelsat Jackson Holdings S.A., Term B Loan, 1st Lien
9.444%, CME Term SOFR + 4.250%, 02/01/29(B)		1,210		1,204

CITY NATIONAL ROCHDALE FUNDS | PAGE 38

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Lorca Holdco Limited, Facility B, 1st Lien
8.022%, Euribor + 4.250%, 07/02/27(B)	$	2,500	$	2,670
Lumen Technologies Inc., Term B Loan, 1st Lien
7.518%, LIBOR + 2.250%, 03/15/27(B)		1,062		815
Radiate Holdco, LLC, Amendment No. 6 Term Loan, 1st Lien
8.404%, LIBOR + 3.250%, 09/25/26(B)		1,792		1,491
UPC Broadband Holding B.V., Facility AY, 1st Lien
6.253%, Euribor + 3.000%, 01/31/29(B)		1,000		1,046
Voyage Digital (NZ) Limited, Initial U.S. Term Loan, 1st Lien
9.362%, CME Term SOFR + 4.500%, 03/03/29(B)		1,134		1,128
WP/AP Telecom Holdings IV B.V., Facility B Loan, 1st Lien
6.915%, Euribor + 4.000%, 11/19/28(B)		2,000		2,150
Zayo Group Holdings, Term Loan, 1st Lien
0.000%, 03/09/27(F)		997		855
Ziggo B.V., Term Loan H Facility, 1st Lien
6.102%, Euribor + 3.000%, 01/31/29(B)	EUR	2,000		2,041
Total Telecommunications				19,193
Transportation, Airlines & Distribution [0.0%]
Financiere Storage, Term Loan, 1st Lien
11.265%, Euribor + 8.250%, 09/25/26(B)		1,000		987
Utilities [0.2%]
Eastern Power, LLC (Eastern Covert Midco, LLC), Term Loan, 1st Lien
8.909%, LIBOR + 3.750%, 10/02/25(B)		963		925
Talen Energy Supply, LLC, Initial Term B Loan, 1st Lien
9.590%, CME Term SOFR + 4.500%, 05/17/30(B)		392		390
Description	Face Amount (000)(1)		Value (000)
Talen Energy Supply, LLC, Initial Term C Loan, 1st Lien
9.590%, CME Term SOFR + 4.500%, 05/17/30(B)	$	318	$	316
Traverse Midstream Partners LLC, Advance, 1st Lien
8.726%, CME Term SOFR + 4.250%, 02/16/28(B)		803		795
WaterBridge Midstream Operating LLC, Initial Term Loan, 1st Lien
11.005%, LIBOR + 5.750%, 06/22/26(B)		997		990
Total Utilities				3,416
Total Loan Participations
(Cost $356,070)				337,343
Non-Listed Business Development Companies [4.5%]
Financials [4.5%]
Golub Capital BDC 3(I)		5,007,204		75,108
Golub Capital BDC 4(I)		1,118,455		16,777
TCW Direct Lending LLC(I)		10,922,571		11,020
Total Financials				102,905
Total Non-Listed Business Development Companies
(Cost $102,782)				102,905
Limited Partnership [2.9%]
Cartesian LP*		10,000		13,178
Oberland Capital Healthcare Solutions Co-Invest Offshore LP(I)		3,319		4,338
Oberland Capital Healthcare Solutions LP(I)		3,949		4,055
Primary Wave Music IP Fund LP(I)		40,381		44,062
Total Limited Partnership
(Cost $57,649)				65,633
Life Settlement Contracts [2.6%](E)(G)
American General Life #508L, Acquired 05/30/2014		2,595		1,617
American General Life #542L, Acquired 07/30/2015		83		516
American General Life #906L, Acquired 07/30/2015		479		3,436
AXA Equitable Life #0474, Acquired 11/04/2013		7,290		4,845

CITY NATIONAL ROCHDALE FUNDS | PAGE 39

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
AXA Equitable Life #1616, Acquired 05/30/2014	$	3,254	$	1,629
AXA Equitable Life #1898, Acquired 11/04/2013		441		1,212
AXA Equitable Life #7233, Acquired 11/04/2013		395		1,508
AXA Equitable Life #7578, Acquired 11/04/2013		2,104		2,595
AXA Equitable Life #7857, Acquired 11/04/2013		2,297		0
AXA Equitable Life #8538, Acquired 11/04/2013		1,333		764
Guardian Insurance #0346, Acquired 11/04/2013		646		1,314
Hartford Life #4700, Acquired 11/24/2015		81		274
ING Reliastar #776H, Acquired 05/30/2014		1,518		749
John Hancock #0430, Acquired 05/30/2014		2,418		1,439
John Hancock #1929, Acquired 05/30/2014		3,812		2,027
John Hancock #5072, Acquired 05/30/2014		1,409		3,647
John Hancock #5080, Acquired 11/19/2013		313		3,647
John Hancock #5885, Acquired 05/30/2014		894		1,843
John Hancock #6686, Acquired 05/30/2014		3,035		1,320
Lincoln National #4754, Acquired 09/17/2015		610		4,168
Lincoln National #5658, Acquired 09/17/2015		329		1,122
Lincoln National #7099, Acquired 09/17/2015		1,254		4,196
Lincoln National #8558, Acquired 09/17/2015		1,659		1,823
Mass Mutual #5681, Acquired 11/05/2013		288		1,772
Met Life #8MLU, Acquired 05/20/2014		1,413		286
Penn Life #8183, Acquired 10/18/2016		46		135
Penn Mutual #3106, Acquired 05/30/2014		1,294		1,805
Phoenix Life #5715, Acquired 10/18/2016		570		2,890
Phoenix Life #6157, Acquired 10/18/2016		569		2,876
Phoenix Life #8499, Acquired 05/30/2014		756		1,765
Description	Face Amount (000)(1)		Value (000)
Phoenix Life #8509, Acquired 05/30/2014	$	761	$	1,765
Principal Financial #6653, Acquired 10/30/2013		306		489
Security Mutual Life #5380, Acquired 10/28/2013		410		–
Transamerica #1708, Acquired 10/28/2013		957		227
Transamerica #8205, Acquired 10/28/2013		714		–
Total Life Settlement Contracts
(Cost $46,333)				59,701
Sovereign Debt [0.5%]
Argentina Paris Club
2.910%, 05/30/21	CHF	2,244		1,630
Costa Rica Government International Bond
5.625%, 04/30/43		368		315
Dominican Republic International Bond
4.875%, 09/23/32		2,700		2,295
Ghana Government International Bond
8.625%, 04/07/34		578		246
Ivory Coast Government International Bond
6.125%, 06/15/33		2,600		2,275
Mexico Government International Bond, MTN
6.050%, 01/11/40		214		216
Senegal Government International Bond
6.250%, 05/23/33		5,400		4,508
Sri Lanka Government International Bond
7.850%, 03/14/29		560		252
7.550%, 03/28/30(C)		424		191
Total Sovereign Debt
Cost ($13,618)				11,928
Convertible Bonds [0.2%]
Cable Satellite [0.0%]
DISH Network
3.375%, 08/15/26		750		381
Coal Mining [0.0%]
New World Resources
4.000%cash/0% PIK, 10/07/20(C)	EUR	380		—

CITY NATIONAL ROCHDALE FUNDS | PAGE 40

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
E-Commerce/Products [0.0%]
Sea
0.250%, 09/15/26	$	920	$	738
E-Commerce/Services [0.1%]
MercadoLibre
2.000%, 08/15/28		570		1,558
Hotels and Motels [0.1%]
H World Group
3.000%, 05/01/26		680		769
Total Convertible Bonds
Cost ($3,874)				3,446
Common Stock [0.2%]
Cable Satellite [0.0%]
Intelsat Jackson (E)		2,116		10
Consumer Cyclical [0.1%]
TruKid *		232		579
Diversified Minerals [0.0%]
New World Resources, Cl A *		44,276,198		—
Energy [0.0%]
BlackBrush Oil & Gas, L.P.		39,375		49
Financial Services [0.0%]
A'ayan Leasing & Investment KSCP		976,932		327
Financials [0.0%]
BCD Acquisition		1,000,000		—
Propco Certificates * (E)		3,788		40
Total Financials				40
Health Care [0.0%]
Novartex		180,000		22
Manufacturing [0.0%]
Vivarte		6,000		1
Media Entertainment [0.0%]
iHeartMedia *		12,136		44
Oil Field Services [0.1%]
Superior Energy		20,620		1,392
Description	Face Amount (000)(1)		Value (000)
Oil, Gas & Consumable Fuels [0.0%]
Nostrum Oil & Gas *	$	3,039,550	$	307
Summit Midstream Partners *		11,456		186
Total Oil, Gas & Consumable Fuels				493
Other [0.0%]
ESC GCBREGS Corp		4,750,000		—
Latina Offshore		65		—
Total Other				—
Retailers [0.0%]
Belk, Inc.		81		1
Penney Borrower LLC * (E)		505		3
Total Retailers				4
Services [0.0%]
Wayne Services Legacy *		257		—
Technology [0.0%]
AS ADV Shares		127,800		627
Lumileds * (E)		4,241		2
Total Technology				629
Utilities [0.0%]
Longview Power LLC		64,904		779
Total Common Stock
(Cost $5,413)				4,369
Warrants [0.0%]
Altisource
Expires 06/21/24* (H)		7,176		41
Toys 'R' Us/Hill Street
Expires 06/21/23* (H)		14,795		7
Total Warrants
(Cost $0)				48

CITY NATIONAL ROCHDALE FUNDS | PAGE 41

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

Description	Face Amount (000)(1)		Value (000)
Preferred Stock [0.0%]
[0.0%]
Blackbrush Oil & Gas, LP	$	1,299	$	771
Total Preferred Stock
(Cost $366)				771
Short-Term Investment [5.8%]
SEI Daily Income Trust Government Fund, Cl Institutional, 4.880%**		133,290,397		133,290
Total Short-Term Investment
(Cost $133,290)				133,290
Total Investments [98.9%]
(Cost $2,542,804)			$	2,261,871

Percentages are based on net assets of $2,287,014 (000).

* Non-income producing security.

** The rate reported is the 7-day effective yield as of June 30, 2023.

(1) U.S. Dollars unless otherwise indicated.

(A) 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 June 30, 2023, the value of these securities amounted to $773,648 (000), representing 33.8% of the net assets of the Fund.

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

(C) In default on interest payments. Rate shown represents the last coupon rate prior to default.

(D) Zero coupon security.

(E) Level 3 security in accordance with fair value hierarchy.

(F) Unsettled bank loan, Interest rate not available.

(G) Security is considered restricted. The total market value of such securities as of June 30, 2023 was $59,701 (000) and represented 2.61% of Net Assets of the Fund.

(H) Strike Price is unavailable.

(I) Unfunded Commitments as of June 30, 2023:

Security	Value		Unfunded Commitments		Redemption Frequency		Redemption Notice (Days)
Golub Capital BDC 3	$	75,108,058	$	375,000		None		None
Golub Capital BDC 4		16,776,821		58,223,179		None		None
Oberland Capital Healthcare Solutions Co-Invest Offshore LP		4,338,207		16,681,250		None		None
Oberland Capital Healthcare Solutions LP		4,054,230		15,715,097		None		None
Primary Wave Music IP Fund LP		44,062,312		8,001,335		None		None
TCW Direct Lending LLC		11,019,782		13,995,043		None		None
Total	$	155,359,410	$	112,990,904

CITY NATIONAL ROCHDALE FUNDS | PAGE 42

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

CHF — Swiss Franc

Cl — Class

CLO — Collateralized Loan Obligation

CME — Chicago Mercantile Exchange

DAC — Designated Activity Company

EUR — Euro

Euribor — Euro Interbank Offered Rate

GBP — British Pound Sterling

ICE — Intercontinental Exchange

JPY — Japenese Yen

JSC — Joint Stock Company

LIBOR — London Interbank Offered Rates

LLC — Limited Liability Corporation

LP — Limited Partnership

LTD — Limited

MTN — Medium Term Note

PIK — Paid-in Kind

PLC — Public Limited Company

REIT — Real Estate Investment Trust

Ser — Series

SOFR — Secured Overnight Financing Rate

TSFR3M — Term Secured Overnight Financiang Rate 3 Months

ULC — Unlimited Liability Company

USD — United States Dollar

CITY NATIONAL ROCHDALE FUNDS | PAGE 43

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

At June 30, 2023, the following life settlement contracts are considered restricted securities. The acquisition dates of these investments, the enforceable right to acquire these securities, along with their cost and values at June 30, 2023, were as follows:

	Number of Shares		Acquisition Date		Right to Acquire Date		Cost (000)		Market Value (000)		% of Net Assets
American General Life #508L		1		5/30/2014		5/30/2014		$2,595		$1,617		0.1%
American General Life #542L		1		7/30/2015		7/30/2015		83		516		0.0%
American General Life #906L		1		7/30/2015		7/30/2015		479		3,436		0.1%
AXA Equitable Life #0474		1		11/4/2013		11/4/2013		7,290		4,845		0.2%
AXA Equitable Life #1616		1		5/30/2014		5/30/2014		3,254		1,629		0.1%
AXA Equitable Life #1898		1		11/4/2013		11/4/2013		441		1,212		0.0%
AXA Equitable Life #7233		1		11/4/2013		11/4/2013		395		1,508		0.1%
AXA Equitable Life #7578		1		11/4/2013		11/4/2013		2,104		2,595		0.1%
AXA Equitable Life #7857		1		11/4/2013		11/4/2013		2,297		-		0.0%
AXA Equitable Life #8538		1		11/4/2013		11/4/2013		1,333		764		0.0%
Guardian Insurance #0346		1		11/4/2013		11/4/2013		646		1,314		0.1%
Hartford Life #4700		1		11/24/2015		11/24/2015		81		274		0.0%
ING Reliastar #776H		1		5/30/2014		5/30/2014		1,518		749		0.0%
John Hancock #0430		1		5/30/2014		5/30/2014		2,418		1,439		0.1%
John Hancock #1929		1		5/30/2014		5/30/2014		3,812		2,027		0.1%
John Hancock #5072		1		5/30/2014		5/30/2014		1,409		3,647		0.1%
John Hancock #5080		1		11/19/2013		11/19/2013		313		3,647		0.2%
John Hancock #5885		1		5/30/2014		5/30/2014		894		1,843		0.1%
John Hancock #6686		1		5/30/2014		5/30/2014		3,035		1,320		0.1%
Lincoln National #4754		1		9/17/2015		9/17/2015		610		4,168		0.2%
Lincoln National #5658		1		9/17/2015		9/17/2015		329		1,122		0.0%
Lincoln National #7099		1		9/17/2015		9/17/2015		1,254		4,196		0.2%
Lincoln National #8558		1		9/17/2015		9/17/2015		1,659		1,823		0.1%
Mass Mutual #5681		1		11/5/2013		11/5/2013		288		1,772		0.1%
Met Life #8MLU		1		5/20/2014		5/20/2014		1,413		286		0.0%
Penn Life #8183		1		10/18/2016		10/18/2016		46		135		0.0%
Penn Mutual #3106		1		5/30/2014		5/30/2014		1,294		1,805		0.1%
Phoenix Life #5715		1		10/18/2016		10/18/2016		570		2,890		0.1%
Phoenix Life #6157		1		10/18/2016		10/18/2016		569		2,876		0.1%
Phoenix Life #8499		1		5/30/2014		5/30/2014		756		1,765		0.1%
Phoenix Life #8509		1		5/30/2014		5/30/2014		761		1,765		0.1%
Principal Financial #6653		1		10/30/2013		10/30/2013		306		489		0.0%
Security Mutual Life #5380		1		10/28/2013		10/28/2013		410		-		0.0%
Transamerica #1708		1		10/28/2013		10/28/2013		957		227		0.0%
Transamerica #8205		1		10/28/2013		10/28/2013		714		-		0.0%
								$46,333		$59,701		2.6%

CITY NATIONAL ROCHDALE FUNDS | PAGE 44

Consolidated Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Fixed Income Opportunities Fund

A list of the open forward foreign currency contracts held by the Fund at June 30, 2023, is as follows:

Counterparty	Settlement Date	Currency to Deliver (Thousands)		Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
U.S. Bank	07/12/23	USD	26,563	EUR	24,500	$	182
U.S. Bank	07/12/23	EUR	206,415	USD	223,157		(2,169)
U.S. Bank	07/13/23	GBP	12,910	USD	16,228		(169)
U.S. Bank	07/13/23	EUR	1,700	USD	1,858		2
U.S. Bank	07/13/23	EUR	122,830	USD	132,789		(1,301)
						$	(3,455)

A list of the open futures contracts held by the Fund at June 30, 2023, is as follows:

Type of Contract	Number of Contracts			Expiration Date	Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation (Thousands)
Short Contracts
U.S. 10-Year Treasury Note		(279	)	Sep-2023	$	(31,810	)	$	(31,322	)	$	488

CNR-QH-002-2700

CITY NATIONAL ROCHDALE FUNDS | PAGE 45

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale Equity Income Fund

Description	Shares		Value (000)
Common Stock [98.6%]
Communication Services [8.0%]
AT&T		268,900	$	4,289
BCE		80,100		3,652
Interpublic Group		94,900		3,661
Verizon Communications		93,500		3,477
Total Communication Services				15,079
Consumer Discretionary [5.4%]
Ford Motor		165,300		2,501
Genuine Parts		24,600		4,163
Wendy's		90,200		1,962
Whirlpool		10,900		1,622
Total Consumer Discretionary				10,248
Consumer Staples [11.2%]
Altria Group		100,400		4,548
Coca-Cola		71,500		4,306
General Mills		52,900		4,057
Philip Morris International		42,000		4,100
Procter & Gamble		26,300		3,991
Total Consumer Staples				21,002
Energy [7.5%]
Chevron		34,100		5,366
Marathon Petroleum		30,000		3,498
Williams		159,900		5,217
Total Energy				14,081
Financials [22.5%]
Ares Capital		259,800		4,882
Cincinnati Financial		41,400		4,029
Citigroup		41,000		1,888
Citizens Financial Group		135,100		3,524
Eversource Energy		51,500		3,652
Fifth Third Bancorp		145,100		3,803
First Horizon		174,100		1,962
Franklin Resources		61,300		1,637
Hartford Financial Services Group		58,500		4,213
MetLife		69,600		3,935
Principal Financial Group		46,300		3,511
Unum Group		43,300		2,065
US Bancorp		100,000		3,304
Total Financials				42,405
Health Care [4.7%]
AbbVie		19,800		2,668
Merck		37,200		4,293
Pfizer		51,500		1,889
Total Health Care				8,850
Industrials [4.3%]
Emerson Electric		49,600		4,483
Lockheed Martin		7,900		3,637
Total Industrials				8,120
Information Technology [4.3%]
Cisco Systems		52,400		2,711
HP		62,100		1,907
Description	Shares		Value (000)
IBM		26,700	$	3,573
Total Information Technology				8,191
Materials [6.3%]
International Paper		136,500		4,342
LyondellBasell Industries, Cl A		42,700		3,921
Sonoco Products		59,300		3,500
Total Materials				11,763
REITs [6.2%]
Crown Castle		16,700		1,903
Mid-America Apartment Communities		9,400		1,427
NNN REIT		106,500		4,557
Prologis		21,000		2,575
Simon Property Group		10,500		1,213
Total REITs				11,675
Utilities [18.2%]
American Electric Power		70,800		5,961
Avangrid		69,400		2,615
Dominion Energy		72,000		3,729
Duke Energy		61,100		5,483
Entergy		47,000		4,577
FirstEnergy		93,600		3,639
NextEra Energy Partners		42,100		2,469
NiSource		78,600		2,149
Sempra Energy		23,600		3,436
Total Utilities				34,058
Total Common Stock
(Cost $166,735)				185,472
Short-Term Investment [0.6%]
SEI Daily Income Trust Government Fund, Cl Institutional, 4.880%**		1,103,615		1,104
Total Short-Term Investment
(Cost $1,104)				1,104
Total Investments [99.2%]
(Cost $167,839)			$	186,576

Percentages are based on Net Assets of $187,991 (000).

** The rate reported is the 7-day effective yield as of June 30, 2023.

Cl — Class

REIT — Real Estate Investment Trust

CNR-QH-002-2700

CITY NATIONAL ROCHDALE FUNDS | PAGE 1

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale U.S. Core Equity Fund

Description	Shares		Value (000)
Common Stock [98.6%]
Aerospace & Defense [1.4%]
Northrop Grumman		12,000	$	5,470
Banks [2.6%]
JPMorgan Chase		68,000		9,890
Beverages [3.7%]
Anheuser-Busch InBev ADR		122,590		6,953
PepsiCo		38,600		7,150
Total Beverages				14,103
Biotechnology [2.6%]
Gilead Sciences		89,000		6,859
Vertex Pharmaceuticals *		9,500		3,343
Total Biotechnology				10,202
Broadline Retail [3.2%]
Amazon.Com *		93,500		12,189
Capital Markets [1.9%]
CME Group, Cl A		19,500		3,613
S&P Global		9,430		3,781
Total Capital Markets				7,394
Chemicals [0.7%]
Linde		7,450		2,839
Commercial Services & Supplies [2.7%]
Cintas		20,850		10,364
Construction & Engineering [1.7%]
Quanta Services		33,800		6,640
Consumer Finance [0.6%]
American Express		12,259		2,135
Consumer Staples Distribution & Retail [4.8%]
Costco Wholesale		21,000		11,306
Walmart		46,000		7,230
Total Consumer Staples Distribution & Retail				18,536
Electric Utilities [1.5%]
NextEra Energy		80,000		5,936
Entertainment [1.5%]
Walt Disney *		66,010		5,893
Financial Services [7.1%]
Berkshire Hathaway, Cl B *		21,400		7,297
Mastercard, Cl A		25,850		10,167
Visa, Cl A		42,100		9,998
Total Financial Services				27,462
Ground Transportation [0.8%]
Old Dominion Freight Line		7,900		2,921
Description	Shares		Value (000)
Health Care Equipment & Supplies [3.0%]
Becton Dickinson		24,000	$	6,336
Edwards Lifesciences *		57,000		5,377
Total Health Care Equipment & Supplies				11,713
Health Care Providers & Services [5.2%]
HCA Healthcare		18,000		5,463
UnitedHealth Group		30,000		14,419
Total Health Care Providers & Services				19,882
Hotels, Restaurants & Leisure [4.1%]
McDonald's		33,000		9,847
Starbucks		59,000		5,845
Total Hotels, Restaurants & Leisure				15,692
Insurance [1.3%]
Aon, Cl A		6,500		2,244
Chubb		13,500		2,599
Total Insurance				4,843
Interactive Media & Services [3.1%]
Alphabet, Cl A *		101,150		12,108
IT Services [1.7%]
Accenture, Cl A		21,200		6,542
Life Sciences Tools & Services [3.1%]
Danaher		12,292		2,950
Thermo Fisher Scientific		17,000		8,870
Total Life Sciences Tools & Services				11,820
Machinery [2.9%]
Parker-Hannifin		7,150		2,789
Trane Technologies		44,000		8,415
Total Machinery				11,204
Media [0.6%]
Comcast, Cl A		54,000		2,244
Oil, Gas & Consumable Fuels [2.7%]
EOG Resources		49,000		5,607
ExxonMobil		17,000		1,823
Occidental Petroleum		28,600		1,682
Pioneer Natural Resources		6,601		1,368
Total Oil, Gas & Consumable Fuels				10,480
Pharmaceuticals [0.9%]
Zoetis, Cl A		19,000		3,272
Semiconductors & Semiconductor Equipment [5.6%]
ASML Holding, Cl G		16,950		12,284
NXP Semiconductors		44,800		9,170
Total Semiconductors & Semiconductor Equipment				21,454
Software [11.1%]
Adobe *		20,000		9,780
Microsoft		87,000		29,627

CITY NATIONAL ROCHDALE FUNDS | PAGE 1

Schedule of Investments

June 30, 2023 (Unaudited)

City National Rochdale U.S. Core Equity Fund

Description	Shares		Value (000)
Roper Technologies		7,000	$	3,365
Total Software				42,772
Specialized REITs [1.6%]
American Tower		9,800		1,901
Equinix		5,600		4,390
Total Specialized REITs				6,291
Specialty Retail [4.3%]
Home Depot		40,000		12,425
TJX		50,922		4,318
Total Specialty Retail				16,743
Technology Hardware, Storage & Peripherals [7.4%]
Apple		148,000		28,708
Water Utilities [1.2%]
American Water Works		32,000		4,568
Wireless Telecommunication Services [2.0%]
T-Mobile US *		55,000		7,639
Total Common Stock
(Cost $181,165)				379,949
Short-Term Investment [1.4%]
SEI Daily Income Trust Government Fund, Cl Institutional, 4.880%**		5,497,729		5,498
Total Short-Term Investment
(Cost $5,498)				5,498
Total Investments [100.0%]
(Cost $186,663)			$	385,447

Percentages are based on Net Assets of $385,439 (000).

* Non-income producing security.

** The rate reported is the 7-day effective yield as of June 30, 2023.

ADR — American Depository Receipts

Cl — Class

CNR-QH-002-2700

CITY NATIONAL ROCHDALE FUNDS | PAGE 2