Trust for Professional Managers (APCB) N-CSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-10401

Trust for Professional Managers
(Exact name of registrant as specified in charter)

615 East Michigan Street

Milwaukee, WI 53202
(Address of principal executive offices) (Zip code)

Jay S. Fitton

U.S.

Bancorp Fund Services, LLC

 615 East Michigan Street

Milwaukee

, WI  53202

(Name and address of agent for service)

(513)-629-8104

Registrant's telephone number, including area code

Date of fiscal year end: November 30, 2022

Date of reporting period:  May 31, 2022

Item 1. Reports to Stockholders.

Rockefeller

Climate

Solutions

Fund

Rockefeller

Equity

Allocation

Fund

Rockefeller

Core

Taxable

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Semi-Annual

Report

May

31,

2022

Investment

Adviser

Rockefeller

&

Co.

LLC

45

Rockefeller

Plaza,

5th

Floor

New

York,

New

York

10111

Table

of

Contents

Letter

to

Shareholders

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3

Expense

Examples

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7

INVESTMENT

HIGHLIGHTS

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10

Schedules

of

Investments

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21

Statements

of

Assets

and

Liabilities

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41

Statements

of

Operations

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43

Statements

of

Changes

in

Net

Assets

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45

Financial

Highlights

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51

Notes

to

Financial

Statements

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61

Statement

Regarding

Liquidity

Risk

Management

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74

Additional

Information

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75

3

Dear

Shareholder:

Global

equity

markets

declined

during

the

six

month

fiscal

period

ended

May

31,

2022

with

the

economic

outlook

deteriorating

significantly

since

the

start

of

the

year.

Inflation

levels

continued

to

rise

throughout

the

first

half

of

the

year,

compounded

by

the

spike

in

commodity

prices

following

the

onset

of

the

Russia-Ukraine

conflict

as

well

as

widespread

supply

chain

disruptions

as

China’s

zero-COVID

policy

persisted,

leading

to

lockdowns

in

major

manufacturing

hubs.

Given

this

challenging

macro

environment,

economically

sensitive

areas

of

the

market

performed

poorly,

particularly

toward

the

end

of

the

period,

as

did

consumer

stocks,

reflecting

the

impact

of

high

inflation

and

decreasing

consumer

confidence

levels.

Conversely,

quality

large

cap

stocks

as

well

as

traditionally

defensive

areas

of

the

market,

such

as

consumer

staples

and

utilities,

held

up

relatively

well

during

the

period.

Energy

was

a

notable

outperformer

for

the

period,

as

oil

prices

climbed

above

$100/bbl.

in

early

March

stemming

from

the

world’s

response

to

Russia’s

invasion

of

Ukraine

via

sanctions

has

resulted

in

the

effective

removal

of

Russian

oil

supply

from

most

of

the

global

market.

As

the

war

persists

and

global

sanctions

continue

to

mount,

current

supply/demand

dynamics

could

take

years

to

normalize

before

Russian

oil

supply

is

fully

reintegrated

into

global

markets.

We

saw

the

onset

of

multiple

contraction

in

areas

of

the

market

where

valuations

were

elevated

and

a

rotation

toward

more

reasonably

valued

sectors

in

early

2022.

Geopolitical

tensions

and

increased

concerns

about

recession

led

to

a

temporary

reversal

of

this

trend

as

investors

flocked

to

growth

stocks

in

early

March

2022.

However,

the

rotation

away

from

growth

stocks

resumed

in

April

as

major

central

banks

signaled

tightening

of

global

monetary

policies

amidst

surging

inflationary

pressures.

Investor

focus

has

keyed

in

on

central

bank

policy

response,

pricing

in

significant

rate

hikes

by

the

end

of

2023

and

contributing

to

a

broad

decline

in

equity

valuations.

Federal

Reserve

Policy

and

the

Bond

Market:

It

has

been

an

extremely

eventful

period

across

financial

markets

with

the

mood

continuing

to

ebb

and

flow

with

the

uncertainty

surrounding

the

economic

outlook.

Markets

are

struggling

to

balance

the

risks

of

inflation

versus

the

risks

of

a

recession.

The

FOMC

(Federal

Open

Market

Committee)

materially

shifted

tactical

risk/reward

comfort

with

negative

growth

outcomes

as

it

continues

to

combat

inflation.

The

aggressive

interest

rate

hiking

campaign

has

resulted

in

the

worst

start

to

a

year

on

record

for

fixed

income

investors.

The

combination

of

high

inflation

and

rising

interest

rates

is

triggering

worries

about

the

U.S

economy

and

financial

markets.

Will

growth

persevere?

Will

stagflation

rear

its

ugly

head?

Or

will

the

economy

slip

into

recession?

Whichever

scenario

unfolds,

we

believe

it

may

be

time

to

revisit

your

bond

allocations.

While

we

did

not

anticipate

the

magnitude

and

velocity

of

the

rate

move

that

we

have

experienced

year-to-date,

we

strongly

believe

the

worst

is

behind

us.

Now

that

interest

rates

have

risen,

it

is

our

belief

an

allocation

to

investment

grade

fixed

income

will

once

again

provide

some

measure

of

stability

to

an

overall

investment

portfolio,

especially

in

periods

when

risk

is

out

of

favor

and

markets

are

volatile.

Rockefeller

Climate

Solutions

Fund:

For

the

six

months

ended

May

31,

2022,

the

Institutional

Class

shares

of

the

Rockefeller

Climate

Solutions

Fund

returned

-14.86%

(net),

while

the

MSCI

All-Country

World

Index

(Net

Dividends)

had

a

return

of

-9.35%.

This

was

in

large

part

due

to

the

structural

over/

underweights

the

strategy

will

have,

given

the

focus

on

investing

in

companies

providing

climate

adaptation,

or

mitigation

solutions.

As

such,

the

strategy

was

underweight

to

financials

and

traditional

energy,

areas

of

the

market

that

significantly

outperformed.

Sweetgreen

was

the

largest

detracting

stock

as

the

market

punished

early-stage

growth

companies

with

4

short

operating

histories

during

the

period.

We

continue

to

have

conviction

in

Sweetgreen’s

business

model

as

it

is

well

positioned

to

benefit

from

changing

high

income,

urban

consumer

preferences

for

healthier

meals

with

a

relatively

low

carbon

footprint.

Darling

Ingredients

was

the

top

contributor

as

shares

rallied

following

better

than

expected

1Q22

earnings

results.

Rockefeller

Equity

Allocation

Fund:

For

the

six

months

ended

May

31,

2022,

the

Institutional

Class

shares

of

the

Rockefeller

Equity

Allocation

Fund

returned

-9.44%

(net),

while

the

MSCI

All-Country

World

Index

(Net

Dividends)

had

a

return

of

-9.35%.

The

strategy’s

underweight

to

traditional

energy

was

the

largest

detractor

from

relative

performance

during

the

period

as

energy

was

the

top

performing

sector

on

the

back

of

elevated

oil

prices.

Meta

Platforms

was

the

largest

detracting

stock

as

shares

traded

lower

after

reporting

disappointing

earnings

and

lowering

guidance.

While

we

believe

some

of

the

selloff

was

justified,

we

view

the

reaction

as

overdone

with

revenue

growth

of

8%

still

impressive

for

a

platform

of

over

3

billion

subscribers.

In

addition,

Meta

Platforms

has

yet

to

fully

monetize

the

Instagram

platform,

particularly

in

the

marketplace

feature.

The

company

is

also

investing

significant

capital,

especially

around

new

projects

such

as

the

Metaverse.

Even

with

increased

spending

on

the

Metaverse,

Meta

Platforms

shares

trade

at

a

discount

to

the

S&P

500.

We

opportunistically

added

to

Meta

Platforms

to

rebuild

the

position,

and

while

we

still

believe

its

materially

undervalued,

we

are

pleased

to

see

some

recovery

off

its

lows.

Given

their

success

with

other

capital

allocations

in

the

past

(purchasing

Instagram,

WhatsApp)

we

believe

Metaverse

has

the

potential

to

yield

positive

results

for

the

company.

Financials

was

the

top

contributing

sector

for

the

period

and

Reinsurance

Group

of

America

was

the

top

individual

stock

contributing

to

relative

performance

both

within

the

sector

and

the

Fund’s

overall

portfolio.

Shares

traded

higher

during

the

period

following

a

better

than

feared

earnings

report

and

improved

outlook

from

company

management,

notably

regarding

COVID-19

related

claims.

Rockefeller

Core

Taxable

Bond

Fund:

For

the

six

months

ended

May

31,

2022,

the

Institutional

Class

shares

of

the

Rockefeller

Core

Taxable

Bond

Fund

had

a

return

of

–10.16%

(net),

underperforming

the

Bloomberg

Barclays

Aggregate

Bond

Index

benchmark,

which

returned

-9.15%.

Detracting

from

relative

performance

was

the

Fund’s

sector

allocations.

An

overweight

to

taxable

municipal

bonds

detracted

as

spreads

widened

over

the

period.

Meanwhile,

the

Fund’s

longer

relative

duration

also

detracted

as

yields

rose

materially

across

the

curve.

Rockefeller

Intermediate

Tax-Exempt

National

Bond

Fund:

For

the

six

months

ended

May

31,

2022,

the

Institutional

Class

shares

of

the

Rockefeller

Intermediate

Tax-Exempt

National

Bond

Fund

had

a

return

of

-7.50%

(net),

while

the

Bloomberg

Barclays

Managed

Money

Short/Intermediate

(1

-

10

Years)

Index

returned

-5.61%.

Detracting

from

relative

performance

was

the

Fund’s

overweight

to

the

“A”

rated

credit

cohort

as

lower

quality

underperformed.

The

Fund’s

modestly

longer

duration

profile

also

detracted

from

relative

performance

as

yields

rose

materially

across

the

curve.

Rockefeller

Intermediate

Tax-Exempt

New

York

Bond

Fund:

For

the

six

months

ended

May

31,

2022,

the

Institutional

Class

shares

of

the

Rockefeller

Intermediate

Tax-Exempt

New

York

Bond

Fund

had

a

return

of

-7.20%

(net),

while

the

Bloomberg

Barclays

Managed

Money

Short/Intermediate

(1

-

10

Years)

Index

returned

-5.61%.

Detracting

from

relative

performance

was

the

Fund’s

overweight

to

the

“A”

rated

credit

cohort

as

lower

quality

underperformed.

The

Fund’s

modestly

longer

duration

profile

also

detracted

from

relative

performance

as

yields

rose

materially

across

the

curve.

5

Looking

Forward:

The

biggest

question

facing

the

global

markets

is

what

degree

of

slowdown

is

the

global

economy

facing?

We

believe

that

June

will

prove

to

mark

peak

inflation

fears

and

that

we

should

avoid

a

severe

global

economic

downturn.

There

are

three

key

reasons

for

this

view:

1)

underlying

inflation

trends

are

greatly

improving,

2)

the

labor

market

remains

extremely

tight

with

jobs

plentiful,

and

3)

expectations

of

future

rate

increases

have

been

fully

priced

into

equity

markets.

On

the

negative

side,

we

believe

the

consumer

will

be

increasingly

stretched

as

real

wage

gains

have

not

kept

up

with

inflation

and

boom

conditions

created

by

the

aggressive

fiscal

and

monetary

response

to

the

pandemic

have

faded.

We

believe

however

that

the

sell-off

over

the

first

part

of

the

year

has

created

opportunities

in

some

areas

of

the

market,

such

as

autos,

which

have

been

facing

supply

constraints

but

should

still

have

pent-up

demand,

as

well

as

financial

services

companies

where

current

valuations

are

reflecting

a

more

dire

economic

scenario

than

we

envision.

Additionally,

we

remain

constructive

on

energy

companies

with

exposure

to

natural

gas,

which

may

remain

in

short

supply

for

years

as

Europe

wanes

dependence

from

Russia,

as

well

as

high-quality

industrials

companies

where

valuations

are

already

priced

for

a

slowdown.

This

year

and

especially

the

month

of

June

have

been

disappointing

for

markets,

but

we

believe

that

the

upcoming

earnings

season

should

provide

a

much-needed

catalyst

to

lift

markets.

Sincerely,

David

P.

Harris,

CFA

Chairman

&

Senior

Portfolio

Manager

Rockefeller

Asset

Management

Opinions

expressed

are

those

of

Rockefeller

Asset

Management

and

are

subject

to

change,

are

not

guaranteed

and

should

not

be

considered

investment

advice.

Rockefeller

Asset

Management

is

a

division

of

Rockefeller

&

Co.

LLC,

the

investment

adviser

to

the

Rockefeller

Funds.

Must

be

preceded

or

accompanied

by

a

current

prospectus.

Past

performance

is

no

guarantee

of

future

results.

Mutual

fund

investing

involves

risk.

Principal

loss

is

possible.

The

Funds

are

susceptible

to

adverse

economic,

political,

tax,

or

regulatory

changes

which

may

magnify

other

risks.

Income

from

tax-exempt

funds

may

become

subject

to

state

and

local

taxes

and

a

portion

of

income

may

be

subject

to

the

federal

alternative

minimum

tax

for

certain

investors.

Investments

in

debt

securities

typically

decrease

in

value

when

interest

rates

rise.

This

risk

is

usually

greater

for

longer-term

debt

securities.

Investment

by

the

Funds

in

lower-rated

and

non-rated

securities

presents

a

greater

risk

of

loss

to

principal

and

interest

than

higher-rated

securities.

Investing

in

the

municipal

securities

market

is

volatile

and

can

be

significantly

affected

by

adverse

tax,

legislative

or

political

changes

and

the

financial

condition

of

the

issuers

of

municipal

securities.

Investments

in

asset-backed

and

mortgage-backed

securities

include

additional

risks

that

investors

should

be

aware

of

such

as

credit

risk,

prepayment

risk,

possible

illiquidity

and

default,

as

well

as

increased

susceptibility

to

adverse

economic

development.

The

Funds

may

invest

in

restricted

securities

or

“private

placement”

transactions.

Private

placement

securities

are

not

registered

under

the

Securities

Act

of

1933,

as

amended,

and

are

subject

to

restrictions

on

resale.

As

such

they

are

often

both

difficult

to

sell

and

to

value.

The

Funds

may

invest

in

exchange

traded

funds

(“ETFs”)

which

are

subject

to

additional

risks,

including

the

risks

that

the

market

price

of

an

ETF’s

shares

may

trade

at

a

discount

to

its

net

asset

value

("NAV"),

an

active

secondary

trading

market

may

not

develop

or

be

maintained,

or

trading

may

be

halted

by

the

exchange

in

which

they

trade,

which

may

impact

a

Fund’s

ability

to

sell

its

shares.

The

Rockefeller

Intermediate

Tax-Exempt

New

York

Bond

Fund

is

6

non-diversified,

meaning

it

concentrates

its

assets

in

fewer

individual

holdings

than

a

diversified

fund,

specifically

in

the

State

of

New

York

issues.

The

Rockefeller

Equity

Allocation

Fund

is

subject

to

small-

and

medium-capitalization

company

risks,

which

tend

to

have

limited

liquidity

and

greater

price

volatility

than

large-capitalization

companies.

The

Rockefeller

Equity

Allocation

Fund

also

invests

in

foreign

securities

which

involve

greater

volatility

and

political,

economic

and

currency

risks

and

differences

in

accounting

methods.

These

risks

are

greater

in

emerging

markets.

Investing

in

commodities

may

subject

the

Fund

to

greater

risks

and

volatility

as

commodity

prices

may

be

influenced

by

a

variety

of

factors

including

unfavorable

weather,

environmental

factors,

and

changes

in

government

regulations.

Master

limited

partnerships

(“MLPs”)

in

which

the

Rockefeller

Equity

Allocation

Fund

may

invest

are

subject

to

certain

risks

inherent

in

the

structure

of

MLPs,

including

complex

tax

structure

risks,

the

limited

ability

for

election

or

removal

of

management,

limited

voting

rights,

potential

dependence

on

parent

companies

or

sponsors

for

revenues

to

satisfy

obligations,

and

potential

conflicts

of

interest

between

partners,

members

and

affiliates.

Earnings

growth

is

not

representative

of

the

Fund’s

future

performance.

The

S&P

500

Index

is

a

broad

based

unmanaged

index

of

500

stocks,

which

is

widely

recognized

as

representative

of

the

equity

market

in

general.

The

Bloomberg

Aggregate

Bond

Index

is

an

unmanaged

index

which

is

widely

regarded

as

a

standard

for

measuring

U.S.

investment

grade

bond

market

performance.

The

Bloomberg

Managed

Money

Short/Intermediate

(1-10

Years)

Index

is

the

1-10

year

component

of

the

Barclays

Managed

Money

Index,

which

is

a

rules-based,

market-value-weighted

index

engineered

for

the

tax-exempt

municipal

bond

market.

The

MSCI

All

Country

World

Index

(Net

Dividends)

(“MSCI

ACWI”)

is

a

free

float-adjusted

market

capitalization

weighted

index

that

measures

the

equity

performance

of

global

developed

and

emerging

markets.

The

MSCI

ACWI

total

return

indices

reinvest

dividends

after

the

deduction

of

withholding

taxes,

using

(for

international

indices)

a

tax

rate

applicable

to

non-resident

institutional

investors

who

do

not

benefit

from

double

taxation

treaties.

One

cannot

invest

directly

in

an

index.

Duration

is

a

commonly

used

measure

of

the

potential

volatility

of

the

price

of

a

debt

security,

or

the

aggregate

market

value

of

a

portfolio

of

debt

securities,

prior

to

maturity.

Securities

with

a

longer

duration

generally

have

more

volatile

prices

than

securities

of

comparable

quality

with

a

shorter

duration.

Credit

quality

ratings

are

analyzed

using

credit

ratings

from

S&P

and

Moody's.

Credit

ratings

are

subject

to

change

and

are

not

guarantees

of

performance.

Fund

holdings

and

sector

allocations

are

subject

to

change

and

are

not

recommendations

to

buy

or

sell

any

security.

The

Rockefeller

Funds

are

distributed

by

Quasar

Distributors,

LLC.

7

Rockefeller

Funds

Expense

Examples

May

31,

2022

(Unaudited)

As

a

shareholder

of

the

Funds,

you

incur

two

types

of

costs:

(1)

transaction

costs,

including

sales

charges

(loads)

on

purchase

payments

and

(2)

ongoing

costs,

including

management

fees,

distribution

and

service

(12b-1)

fees

and

other

Fund

expenses.

These

Examples

are

intended

to

help

you

understand

your

ongoing

costs

(in

dollars)

of

investing

in

the

Funds,

and

to

compare

these

costs

with

the

ongoing

costs

of

investing

in

other

mutual

funds.

The

Examples

are

based

on

an

investment

of

$1,000

invested

at

the

beginning

of

the

period

and

held

for

the

entire

period

(12/1/21

–

5/31/22). 

Actual

Expenses

The

first

line

of

each

of

the

following

tables

provides

information

about

actual

account

values

and

actual

expenses.

Class

A

shares

of

the

Rockefeller

Climate

Solutions

Fund

charge

a

sales

load.

For

all

the

Funds

you

will

be

assessed

fees

for

outgoing

wire

transfers,

returned

checks

and

stop

payment

orders

at

prevailing

rates

charged

by

U.S.

Bancorp

Fund

Services,

LLC,

the

Funds’

transfer

agent.

If

you

request

that

a

redemption

be

made

by

wire

transfer,

currently

a

$15.00

fee

is

charged

by

the

Funds’

transfer

agent.

Individual

retirement

accounts

will

be

charged

a

$15.00

annual

maintenance

fee.

To

the

extent

the

Funds

invest

in

shares

of

exchange-traded

funds

or

other

investment

companies

as

part

of

their

investment

strategies,

you

will

indirectly

bear

your

proportionate

share

of

any

fees

and

expenses

charged

by

the

underlying

funds

in

which

the

Funds

invest

in

addition

to

the

expenses

of

the

Funds.

Actual

expenses

of

the

underlying

funds

are

expected

to

vary

among

the

various

underlying

funds.

These

expenses

are

not

included

in

the

Examples.

The

Examples

include,

but

are

not

limited

to,

management

fees,

fund

administration

fees

and

accounting,

custody

and

transfer

agent

fees.

You

may

use

the

information

in

this

line,

together

with

the

amount

you

invested,

to

estimate

the

expenses

that

you

paid

over

the

period.

Simply

divide

your

account

value

by

$1,000

(for

example,

an

$8,600

account

value

divided

by

$1,000

=

8.6),

then

multiply

the

result

by

the

number

in

the

first

line

under

the

heading

entitled

“Expenses

Paid

During

Period”

to

estimate

the

expenses

you

paid

on

your

account

during

this

period.

Hypothetical

Example

for

Comparison

Purposes

The

second

line

of

each

of

the

following

tables

provides

information

about

hypothetical

account

values

and

hypothetical

expenses

based

on

the

Funds’

actual

expense

ratios

and

an

assumed

rate

of

return

of

5%

per

year

before

expenses,

which

are

not

the

Funds’

actual

returns.

The

hypothetical

account

values

and

expenses

may

not

be

used

to

estimate

the

actual

ending

account

balance

or

expenses

you

paid

for

the

period.

You

may

use

this

information

to

compare

the

ongoing

costs

of

investing

in

the

Funds

and

other

funds.

To

do

so,

compare

this

5%

hypothetical

example

with

the

5%

hypothetical

examples

that

appear

in

the

shareholder

reports

of

other

funds.

Please

note

that

the

expenses

shown

in

the

tables

are

meant

to

highlight

your

ongoing

costs

only

and

do

not

reflect

any

transactional

costs,

such

as

sales

charges

(loads),

redemption

fees

or

exchange

fees.

Therefore,

the

second

line

of

the

table

is

useful

in

comparing

ongoing

costs

only,

and

will

not

help

you

determine

the

relative

total

costs

of

owning

different

funds.

In

addition,

if

these

transactional

costs

were

included,

your

costs

would

have

been

higher.

8

Rockefeller

Funds

Expense

Examples

(Continued)

May

31,

2022

(Unaudited)

Rockefeller

Climate

Solutions

Fund

Beginning

Account

Value

12/01/21

Ending

Account

Value

5/31/22

Expenses

Paid

During

Period

12/01/21

—

5/31/22

*

Institutional

Class

Actual

.......................................

$1,000.00

$

851.40‌

$4.57

Hypothetical

(5%

return

before

expenses)

..................................

$1,000.00

$

1,020

.00‌

$4.99

*

Expenses

are

equal

to

the

Fund's

annualized

expense

ratio

of

0.99%,

multiplied

by

the

average

account

value

over

the

period,

multiplied

by

182/365

(to

reflect

the

period).

Rockefeller

Climate

Solutions

Fund

Beginning

Account

Value

12/01/21

Ending

Account

Value

5/31/22

Expenses

Paid

During

Period

12/01/21

—

5/31/22

*

Class

A

Actual

.......................................

$1,000.00

$

850.30‌

$5.72

Hypothetical

(5%

return

before

expenses)

..................................

$1,000.00

$

1,018.75‌

$6.24

*

Expenses

are

equal

to

the

Fund's

annualized

expense

ratio

of

1.24%,

multiplied

by

the

average

account

value

over

the

period,

multiplied

by

182/365

(to

reflect

the

period).

Rockefeller

Equity

Allocation

Fund

Beginning

Account

Value

12/01/21

Ending

Account

Value

5/31/22

Expenses

Paid

During

Period

12/01/21

—

5/31/22

*

Institutional

Class

Actual

.......................................

$1,000.00

$

905.60‌

$5.99

Hypothetical

(5%

return

before

expenses)

..................................

$1,000.00

$

1,018.65‌

$6.34

*

Expenses

are

equal

to

the

Fund's

annualized

expense

ratio

of

1.26%,

multiplied

by

the

average

account

value

over

the

period,

multiplied

by

182/365

(to

reflect

the

period).

9

Rockefeller

Funds

Expense

Examples

(Continued)

May

31,

2022

(Unaudited)

Rockefeller

Core

Taxable

Bond

Fund

Beginning

Account

Value

12/01/21

Ending

Account

Value

5/31/22

Expenses

Paid

During

Period

12/01/21

—

5/31/22

*

Institutional

Class

Actual

.......................................

$1,000.00

$

898.40‌

$3.41

Hypothetical

(5%

return

before

expenses)

..................................

$1,000.00

$

1,021.34‌

$3.63

*

Expenses

are

equal

to

the

Fund's

annualized

expense

ratio

of

0.72%,

multiplied

by

the

average

account

value

over

the

period,

multiplied

by

182/365

(to

reflect

the

period).

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Beginning

Account

Value

12/01/21

Ending

Account

Value

5/31/22

Expenses

Paid

During

Period

12/01/21

—

5/31/22

*

Institutional

Class

Actual

.......................................

$1,000.00

$

925.00‌

$3.36

Hypothetical

(5%

return

before

expenses)

..................................

$1,000.00

$

1,021.44‌

$3.53

*

Expenses

are

equal

to

the

Fund's

annualized

expense

ratio

of

0.70%,

multiplied

by

the

average

account

value

over

the

period,

multiplied

by

182/365

(to

reflect

the

period).

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Beginning

Account

Value

12/01/21

Ending

Account

Value

5/31/22

Expenses

Paid

During

Period

12/01/21

—

5/31/22

*

Institutional

Class

Actual

.......................................

$1,000.00

$

928.00‌

$3.99

Hypothetical

(5%

return

before

expenses)

..................................

$1,000.00

$

1,020.79‌

$4.18

*

Expenses

are

equal

to

the

Fund's

annualized

expense

ratio

of

0.83%,

multiplied

by

the

average

account

value

over

the

period,

multiplied

by

182/365

(to

reflect

the

period).

10

Rockefeller

Climate

Solutions

Fund

Investment

Highlights

May

31,

2022

(Unaudited)

The

Fund

seeks

long-term

growth

of

capital

principally

through

equity

investments

in

global

companies

across

the

market

capitalization

spectrum

offering

on

climate

change

mitigation

or

adaptation

products

and

services.

The

Adviser

typically

considers

a

company

to

be

focused

on

climate

mitigation

or

adaptation

solutions

where

it

generates

revenue

by

delivering

products

or

services

related

to

water

infrastructure

and

technologies,

waste

management

and

technologies,

energy

efficiency,

food,

agriculture

and

forestry,

renewable

and

alternative

energy,

healthcare,

pollution

control,

and/or

climate

support

systems

(“Climate

Solution

Activities”).

While

the

Fund

may

invest

in

companies

operating

in

any

industry

or

sector,

due

to

its

focus

on

Climate

Solutions

Activities,

the

Fund

is

expected

to

have

more

meaningful

exposure

to

companies

operating

in

the

Industrials

sector,

and

to

a

lesser

extent,

to

companies

operating

in

the

Consumer

Discretionary,

Communication

Services,

traditional

Energy,

and

Financials

sectors.

Rockefeller

&

Co.,

LLC

(the

“Adviser”)

believes

that

companies

positioned

alongside

environmental

sectors

have

the

potential

to

significantly

outperform

the

broader

equity

market

over

the

long-term.

Total

Returns

as

of

May

31,

2022

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

Common

Stocks

96.68‌

%

Money

Market

Funds

1.86‌

Real

Estate

Investment

Trusts

1.46‌

100.00‌

%

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

United

States

55.11‌

%

France

10.70‌

Japan

6.22‌

Netherlands

5.25‌

United

Kingdom

5.08‌

Switzerland

3.61‌

Faroe

Islands

3.34‌

Italy

2.65‌

Canada

2.51‌

Ireland

2.12‌

Bermuda

2.05‌

Denmark

1.36‌

100.00‌

%

Class

A

(1)

(with

sales

charge)

Class

A

(1)

(without

sales

charge)

MSCI

All

Country

World

Index

(Net

Dividends)

Since

Inception

........

-19.03%

-14.54%

-8.03%

(1)

Fund

commenced

operations

on

July

21,

2021.

11

Rockefeller

Climate

Solutions

Fund

Investment

Highlights

(Continued)

May

31,

2022

(Unaudited)

Average

Annual

Returns

as

of

May

31,

2022

Performance

data

quoted

represents

past

performance

and

does

not

guarantee

future

results.

The

investment

return

and

principal

value

of

an

investment

will

fluctuate

so

that

an

investor’s

shares,

when

redeemed,

may

be

worth

more

or

less

than

their

original

cost.

Current

performance

of

the

Fund

may

be

lower

or

higher

than

the

performance

quoted.

Performance

data

current

to

the

most

recent

month-end

may

be

obtained

by

calling

855-

369-6209.

Short-term

performance,

in

particular,

is

not

a

good

indication

of

the

Fund’s

future

performance,

and

an

investment

should

not

be

made

based

solely

on

historical

returns.

Investment

performance

reflects

fee

waivers

in

effect.

In

the

absence

of

such

waivers,

total

return

would

be

reduced.

The

returns

shown

assume

reinvestment

of

Fund

distributions

and

do

not

reflect

the

deduction

of

taxes

that

a

shareholder

would

pay

on

Fund

distributions

or

the

redemption

of

Fund

shares.

The

following

chart

illustrates

performance

of

a

hypothetical

investment

made

in

the

Fund

and

a

broad-based

securities

index

on

the

Fund’s

inception

date.

The

graph

does

not

reflect

any

future

performance.

The

MSCI

All

Country

World

Index

(Net

Dividends)

(“MSCI

ACWI”)

is

a

free

float-adjusted

market

capitalization

weighted

index

that

measures

the

equity

performance

of

global

developed

and

emerging

markets.

The

MSCI

returns

reflect

the

reinvestment

of

dividends

after

the

deduction

of

withholding

taxes,

using

(for

international

indices)

a

tax

rate

applicable

to

non-resident

institutional

investors

who

do

not

benefit

from

double

taxation

treaties.

Institutional

Class

(1)

MSCI

All

Country

World

Index

(Net

Dividends)

1

Year

................................

-14.68%

-6.78%

5

Y

ears

..............................

9.20%

9.00%

Since

Inception

........................

9.83%

10.25%

(1)

The

Institutional

Class

Shares

of

the

Fund

commenced

operations

on

July

21,

2021,

after

the

conversion

of

a

private

fund

(the

“Private

Fund”)

into

Institutional

Class

shares

of

the

Fund.

The

performance

prior

to

July

21,

2021

is

for

the

Private

Fund,

which

commenced

operations

on

June

1,

2012.

12

Rockefeller

Climate

Solutions

Fund

Investment

Highlights

(Continued)

May

31,

2022

(Unaudited)

*

Inception

Date

13

Rockefeller

Equity

Allocation

Fund

Investment

Highlights

May

31,

2022

(Unaudited)

The

Fund

seeks

to

achieve

its

investment

objective

of

long-term

total

return

from

capital

appreciation

and

income

by

investing

its

assets

globally

in

a

range

of

equity

asset

classes

and,

to

a

lesser

extent,

in

fixed-income

securities,

real

estate

and

commodity

linked

equities

(such

as

real

estate

investment

trusts

and

master

limited

partnerships),

and

currencies.

The

Adviser

will

allocate

the

Fund’s

assets

across

asset

classes

taking

into

consideration

both

the

Adviser’s

longer-term

strategic

outlook

as

well

as

tactical

views

as

to

potential

near-term

opportunities.

The

Adviser

considers

a

number

of

factors

when

making

allocation

decisions,

including

relative

attractiveness

among

equity

market

capitalizations

and

geographic

regions,

inflation

risks

and

factors

that

influence

commodity

prices.

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

Common

Stocks

96.56‌

%

Money

Market

Funds

1.82‌

Real

Estate

Investment

Trusts

1.08‌

Preferred

Stocks

0.54‌

100.00‌

%

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

United

States

49.04‌

%

Japan

8.44‌

United

Kingdom

7.58‌

Korea,

Republic

Of

6.67‌

France

5.83‌

Sweden

5.06‌

Germany

2.83‌

Switzerland

2.54‌

Singapore

2.47‌

China

2.08‌

India

1.81‌

Ireland

1.69‌

Netherlands

1.25‌

Denmark

0.88‌

Thailand

0.82‌

Taiwan,

Province

Of

China

0.46‌

Canada

0.35‌

Bermuda

0.20‌

100.00‌

%

14

Rockefeller

Equity

Allocation

Fund

Investment

Highlights

(Continued)

May

31,

2022

(Unaudited)

Average

Annual

Returns

as

of

May

31,

2022

Performance

data

quoted

represents

past

performance

and

does

not

guarantee

future

results.

The

investment

return

and

principal

value

of

an

investment

will

fluctuate

so

that

an

investor’s

shares,

when

redeemed,

may

be

worth

more

or

less

than

their

original

cost.

Current

performance

of

the

Fund

may

be

lower

or

higher

than

the

performance

quoted.

Performance

data

current

to

the

most

recent

month-end

may

be

obtained

by

calling

855-

369-6209.

Short-term

performance,

in

particular,

is

not

a

good

indication

of

the

Fund’s

future

performance,

and

an

investment

should

not

be

made

based

solely

on

historical

returns.

Investment

performance

reflects

fee

waivers

in

effect.

In

the

absence

of

such

waivers,

total

return

would

be

reduced.

The

returns

shown

assume

reinvestment

of

Fund

distributions

and

do

not

reflect

the

deduction

of

taxes

that

a

shareholder

would

pay

on

Fund

distributions

or

the

redemption

of

Fund

shares.

The

following

chart

illustrates

performance

of

a

hypothetical

investment

made

in

the

Fund

and

a

broad-based

securities

index

on

the

Fund’s

inception

date.

The

graph

does

not

reflect

any

future

performance.

The

MSCI

All

Country

World

Index

(Net

Dividends)

(“MSCI

ACWI”)

is

a

free

float-adjusted

market

capitalization

weighted

index

that

measures

the

equity

performance

of

global

developed

and

emerging

markets.

The

MSCI

ACWI

returns

reflect

the

reinvestment

of

dividends

after

the

deduction

of

withholding

taxes,

using

(for

international

indices)

a

tax

rate

applicable

to

non-resident

institutional

investors

who

do

not

benefit

from

double

taxation

treaties.

Rockefeller

Equity

Allocation

Fund

MSCI

All

Country

World

Index

(Net

Dividends)

1

Year

................................

-12.85%

-6.78%

5

Years

...............................

5.19%

9.00%

Since

Inception

(2/4/15)

.................

5.76%

8.26%

15

Rockefeller

Core

Taxable

Bond

Fund

Investment

Highlights

May

31,

2022

(Unaudited)

The

Fund

seeks

to

achieve

its

investment

objective

to

generate

current

income

consistent

with

the

preservation

of

capital

by

investing

under

normal

market

conditions

at

least

80%

of

its

net

assets

(plus

any

borrowings

for

investment

purposes)

in

taxable

fixed-income

securities.

“Fixed-income

securities”

include

corporate,

government

and

municipal

bonds,

asset-backed

and

mortgage-backed

securities,

other

investment

companies

and

ETFs

that

will

invest

in

fixed-income

securities,

and

other

fixed-income

instruments.

The

Fund

invests

primarily

in

investment

grade

fixed-income

securities.

Investment

grade

securities

are

fixed-

income

securities

rated

in

the

top

four

ratings

categories

by

independent

rating

organizations

such

as

Standard

&

Poor’s

Ratings

Group

(“S&P”)

and

Moody’s

Investors

Service,

Inc.

(“Moody’s”)

or

another

nationally

recognized

statistical

rating

organization

(“NRSRO”),

or

deemed

by

the

Adviser

to

be

of

comparable

quality.

The

Adviser

anticipates

the

Fund’s

weighted

average

duration

will

be

more

than

three

years

but

less

than

ten

years.

6

Average

Annual

Returns

as

of

May

31,

2022

Performance

data

quoted

represents

past

performance

and

does

not

guarantee

future

results.

The

investment

return

and

principal

value

of

an

investment

will

fluctuate

so

that

an

investor’s

shares,

when

redeemed,

may

be

worth

more

or

less

than

their

original

cost.

Current

performance

of

the

Fund

may

be

lower

or

higher

than

the

performance

quoted.

Performance

data

current

to

the

most

recent

month-end

may

be

obtained

by

calling

855-

369-6209.

Short-term

performance,

in

particular,

is

not

a

good

indication

of

the

Fund’s

future

performance,

and

an

investment

should

not

be

made

based

solely

on

historical

returns.

Investment

performance

reflects

fee

waivers

in

effect.

In

the

absence

of

such

waivers,

total

return

would

be

reduced.

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

Corporate

Bonds

24.76‌

%

U.S.

Government

Notes/Bonds

21.87‌

Municipal

Bonds

19.70‌

Mortgage

Backed

Securities

19.25‌

U.S.

Government

Agency

Issues

9.50‌

Exchange

Traded

Funds

3.25‌

Asset

Backed

Securities

1.02‌

U.S.

Treasury

Bill

0.51‌

Money

Market

Funds

0.14‌

100.00‌

%

Rockefeller

Core

Taxable

Bond

Fund

Bloomberg

Aggregate

Bond

Index

1

Year

................................

-9.42%

-8.22%

5

Y

ears

..............................

0.70%

1.18%

Since

Inception

(12/26/13)

...............

1.49%

2.06%

16

Rockefeller

Core

Taxable

Bond

Fund

Investment

Highlights

(Continued)

May

31,

2022

(Unaudited)

The

returns

shown

assume

reinvestment

of

Fund

distributions

and

do

not

reflect

the

deduction

of

taxes

that

a

shareholder

would

pay

on

Fund

distributions

or

the

redemption

of

Fund

shares.

The

following

chart

illustrates

performance

of

a

hypothetical

investment

made

in

the

Fund

and

a

broad-based

securities

index

on

the

Fund’s

inception

date.

The

graph

does

not

reflect

any

future

performance.

The

Bloomberg

Aggregate

Bond

Index

is

an

unmanaged

index

which

is

widely

regarded

as

a

standard

for

measuring

U.S.

investment

grade

bond

market

performance.

An

index

is

unmanaged

and

cannot

be

invested

in

directly.

17

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Investment

Highlights

May

31,

2022

(Unaudited)

The

Fund

seeks

to

achieve

its

investment

objective

to

generate

current

income

that

is

exempt

from

federal

personal

income

tax

consistent

with

the

preservation

of

capital

by

investing

under

normal

market

conditions

at

least

80%

of

its

net

assets

(plus

any

borrowings

for

investment

purposes)

in

municipal

bonds

and

other

fixed-income

securities

that

generate

income

exempt

from

regular

federal

income

tax,

including

the

federal

alternative

minimum

tax

(“AMT”).

The

Fund

may

invest

in

all

types

of

municipal

bonds,

including,

but

not

limited

to,

general

obligation

bonds

and

industrial

development

bonds.

The

Fund

may

also

invest

in

asset-backed

and

mortgage-backed

securities,

other

investment

companies,

ETFs

and

the

obligations

of

other

issuers

that

pay

interest

that

is

exempt

from

regular

federal

income

taxes.

While

the

Fund

will

invest

primarily

in

tax

exempt

securities,

it

is

possible

that

up

to

20%

of

the

Fund’s

total

assets

may

be

invested

in

fixed-income

securities

that

generate

income

that

is

not

exempt

from

regular

federal

income

tax,

including

the

federal

AMT.

The

Fund

invests

primarily

in

investment

grade

municipal

bonds

and

other

types

of

fixed-income

securities.

Investment

grade

securities

are

fixed-income

securities

rated

in

the

top

four

ratings

categories

by

independent

rating

organizations

such

as

S&P

and

Moody’s

or

another

NRSRO,

or,

if

unrated,

deemed

by

the

Adviser

to

be

of

comparable

quality.

While

the

Fund

may

invest

in

securities

of

any

duration,

the

Adviser

anticipates

the

weighted

average

duration

of

the

Fund’s

portfolio

will

be

more

than

three

years

but

less

than

ten

years.

Average

Annual

Returns

as

of

May

31,

2022

Performance

data

quoted

represents

past

performance

and

does

not

guarantee

future

results.

The

investment

return

and

principal

value

of

an

investment

will

fluctuate

so

that

an

investor’s

shares,

when

redeemed,

may

be

worth

more

or

less

than

their

original

cost.

Current

performance

of

the

Fund

may

be

lower

or

higher

than

the

performance

quoted.

Performance

data

current

to

the

most

recent

month

end

may

be

obtained

by

calling

855-

369-6209.

Short-term

performance,

in

particular,

is

not

a

good

indication

of

the

Fund’s

future

performance,

and

an

investment

should

not

be

made

based

solely

on

historical

returns.

Investment

performance

reflects

fee

waivers

in

effect.

In

the

absence

of

such

waivers,

total

return

would

be

reduced.

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

Municipal

Bonds

99.99‌

%

Money

Market

Funds

0.01‌

100.00‌

%

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Bloomberg

Managed

Money

Short/Intermediate

Index

1

Year

................................

-7.27%

-5.64%

5

Y

ears

..............................

0.86%

1.06%

Since

Inception

(12/26/13)

...............

1.20%

1.83%

18

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Investment

Highlights

(Continued)

May

31,

2022

(Unaudited)

The

returns

shown

assume

reinvestment

of

Fund

distributions

and

do

not

reflect

the

deduction

of

taxes

that

a

shareholder

would

pay

on

Fund

distributions

or

the

redemption

of

Fund

shares.

The

following

chart

illustrates

performance

of

a

hypothetical

investment

made

in

the

Fund

and

a

broad-based

securities

index

on

the

Fund’s

inception

date.

The

graph

does

not

reflect

any

future

performance.

The

Bloomberg

Managed

Money

Short/Intermediate

Index

is

the

1-10

year

component

of

the

Barclays

Managed

Money

Index,

which

is

a

rules-based,

market-value-weighted

index

engineered

for

the

tax-exempt

municipal

bond

market.

19

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Investment

Highlights

May

31,

2022

(Unaudited)

The

Fund

seeks

to

achieve

its

investment

objective

to

generate

current

income

that

is

exempt

from

federal,

New

York

State

and

New

York

City

personal

income

tax

consistent

with

the

preservation

of

capital

by

investing

under

normal

market

conditions

at

least

80%

of

its

net

assets

(plus

any

borrowings

for

investment

purposes)

in

municipal

bonds

and

other

fixed-income

securities

that

generate

income

exempt

from

regular

federal,

New

York

State

and

New

York

City

personal

income

tax,

including

the

federal

AMT.

The

Fund

may

invest

in

all

types

of

municipal

bonds,

including,

but

not

limited

to,

general

obligation

bonds,

industrial

development

bonds,

and

other

obligations

issued

by

the

State

of

New

York,

its

subdivisions,

authorities,

instrumentalities

and

corporations.

The

Fund

may

also

invest

in

asset-backed

and

mortgage-backed

securities,

other

investment

companies,

ETFs

and

the

obligations

of

other

issuers

that

pay

interest

that

is

exempt

from

regular

federal

and

New

York

State

and

New

York

City

personal

income

tax.

While

the

Fund

will

invest

primarily

in

tax

exempt

securities,

it

is

possible

that

up

to

20%

of

the

Fund’s

total

assets

may

be

invested

in

fixed-income

securities

that

generate

income

that

is

not

exempt

from

regular

federal

income

tax,

New

York

State

and

New

York

City

personal

income

tax,

including

the

federal

AMT.

The

Fund

invests

primarily

in

investment

grade

fixed-income

securities

rated

in

the

top

four

ratings

categories

by

independent

rating

organizations

such

as

S&P

and

Moody’s

or

another

NRSRO,

or

deemed

by

the

Adviser

to

be

of

comparable

quality.

While

the

Fund

may

invest

in

securities

of

any

duration,

the

Adviser

anticipates

the

weighted

average

duration

of

the

Fund’s

portfolio

will

be

more

than

three

years

but

less

than

ten

years.

The

Fund

is

non-diversified.

Average

Annual

Returns

as

of

May

31,

2022

Performance

data

quoted

represents

past

performance

and

does

not

guarantee

future

results.

The

investment

return

and

principal

value

of

an

investment

will

fluctuate

so

that

an

investor’s

shares,

when

redeemed,

may

be

worth

more

or

less

than

their

original

cost.

Current

performance

of

the

Fund

may

be

lower

or

higher

than

the

performance

quoted.

Performance

data

current

to

the

most

recent

month-end

may

be

obtained

by

calling

855-

369-6209.

Short-term

performance,

in

particular,

is

not

a

good

indication

of

the

Fund’s

future

performance,

and

an

investment

should

not

be

made

based

solely

on

historical

returns.

Investment

performance

reflects

fee

waivers

in

effect.

In

the

absence

of

such

waivers,

total

return

would

be

reduced.

Allocation

of

Portfolio

Holdings

as

of

May

31,

2022

(%

of

Investments)

Municipal

Bonds

99.23‌

%

Money

Market

Funds

0.77‌

100.00‌

%

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Bloomberg

Managed

Money

Short/Intermediate

Index

1

Year

................................

-7.18%

-5.64%

5

Y

ears

..............................

0.65%

1.06%

Since

Inception

(12/26/13)

...............

0.99%

1.83%

20

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Investment

Highlights

(Continued)

May

31,

2022

(Unaudited)

The

returns

shown

assume

reinvestment

of

Fund

distributions

and

do

not

reflect

the

deduction

of

taxes

that

a

shareholder

would

pay

on

Fund

distributions

or

the

redemption

of

Fund

shares.

The

following

chart

illustrates

performance

of

a

hypothetical

investment

made

in

the

Fund

and

a

broad-based

securities

index

on

the

Fund’s

inception

date.

The

graph

does

not

reflect

any

future

performance.

The

Bloomberg

Managed

Money

Short/Intermediate

Index

is

the

1-10

year

component

of

the

Barclays

Managed

Money

Index,

which

is

a

rules-based,

market-value-weighted

index

engineered

for

the

tax-exempt

municipal

bond

market.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

21

Rockefeller

Climate

Solutions

Fund

Schedule

of

Investments

May

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

96

.61

%

Aerospace

&

Defense

—

2

.44

%

Maxar

Technologies,

Inc.

.................................

78,483

$

2,343,502‌

Building

Products

—

7

.03

%

A

O

Smith

Corp.

.......................................

33,018

1,985,042‌

AZEK

Co.,

Inc.

(a)

......................................

27,392

577,149‌

Cie

de

Saint-Gobain

(b)

..................................

46,966

2,783,851‌

Geberit

AG

(b)

........................................

2,571

1,411,728‌

6,757,770‌

Chemicals

—

4

.94

%

Air

Products

and

Chemicals,

Inc.

...........................

8,684

2,137,654‌

Danimer

Scientific,

Inc.

(a)

...............................

29,124

127,854‌

Ginkgo

Bioworks

Holdings,

Inc.

(a)

.........................

33,616

103,537‌

Koninklijke

DSM

NV

(b)

..................................

14,129

2,379,339‌

4,748,384‌

Commercial

Services

&

Supplies

—

3

.08

%

Stericycle,

Inc.

(a)

......................................

29,756

1,504,166‌

Tetra

Tech,

Inc.

........................................

10,776

1,454,437‌

2,958,603‌

Construction

&

Engineering

—

6

.24

%

Arcadis

NV

(b)

........................................

67,203

2,662,115‌

MasTec,

Inc.

(a)

.......................................

39,949

3,339,337‌

6,001,452‌

Diversified

Telecommunication

Services

—

1

.93

%

Iridium

Communications,

Inc.

(a)

...........................

50,080

1,858,469‌

Electric

Utilities

—

5

.81

%

Enel

SpA

(b)

..........................................

390,987

2,540,290‌

SSE

PLC

(b)

..........................................

136,406

3,046,371‌

5,586,661‌

Electrical

Equipment

—

5

.31

%

Array

Technologies,

Inc.

(a)

...............................

70,504

781,184‌

Schneider

Electric

SE

(b)

................................

21,711

3,015,476‌

Vestas

Wind

Systems

AS

(b)

..............................

51,196

1,307,662‌

5,104,322‌

Electronic

Equipment,

Instruments

&

Components

—

11

.03

%

Badger

Meter,

Inc.

......................................

24,557

1,943,441‌

Halma

PLC

(b)

........................................

65,162

1,831,067‌

TE

Connectivity

Ltd.

....................................

15,918

2,059,630‌

Teledyne

Technologies,

Inc.

(a)

............................

4,126

1,671,649‌

Trimble,

Inc.

(a)

........................................

45,527

3,098,112‌

10,603,899‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

22

Rockefeller

Climate

Solutions

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Shares

Value

Food

Products

—

6

.34

%

Bakkafrost

P/F

(b)

......................................

48,237

$

3,211,901‌

Darling

Ingredients,

Inc.

(a)

...............................

35,943

2,877,956‌

6,089,857‌

Hotels,

Restaurants

&

Leisure

—

1

.29

%

Sweetgreen,

Inc.

(a)

....................................

67,946

1,242,053‌

Independent

Power

&

Renewable

Elec

Producers

—

2

.75

%

Brookfield

Renewable

Corp.

..............................

18,491

669,005‌

Brookfield

Renewable

Partners

LP

.........................

55,364

1,969,851‌

2,638,856‌

Industrial

Conglomerates

—

1

.65

%

Hitachi

Ltd.

(b)

........................................

30,500

1,582,539‌

Life

Sciences

Tools

&

Services

—

9

.18

%

Danaher

Corp.

........................................

16,607

4,381,259‌

Thermo

Fisher

Scientific,

Inc.

.............................

7,825

4,441,235‌

8,822,494‌

Machinery

—

15

.16

%

Kubota

Corp.

(b)

.......................................

130,600

2,410,353‌

METAWATER

Co.

Ltd.

(b)

................................

127,000

1,982,949‌

Mueller

Industries,

Inc.

..................................

57,253

3,083,074‌

Mueller

Water

Products,

Inc.

..............................

116,112

1,385,216‌

Pentair

PLC

..........................................

40,502

2,031,985‌

Timken

Co.

...........................................

32,722

1,998,332‌

Xylem,

Inc./NY

........................................

19,987

1,683,905‌

14,575,814‌

Professional

Services

—

9

.21

%

Bureau

Veritas

SA

(b)

...................................

154,984

4,478,419‌

Stantec,

Inc.

(b)

.......................................

38,239

1,736,529‌

Verisk

Analytics,

Inc.

....................................

15,069

2,635,869‌

8,850,817‌

Semiconductors

&

Semiconductor

Equipment

—

0

.53

%

First

Solar,

Inc.

(a)

......................................

7,283

514,253‌

Software

—

1

.39

%

Roper

Technologies,

Inc.

.................................

3,018

1,335,284‌

Water

Utilities

—

1

.30

%

American

Water

Works

Co.,

Inc.

...........................

8,270

1,250,838‌

T

otal

Common

Stocks

(Cost

$

106,723,530

)

...............

92,865,867‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

23

Rockefeller

Climate

Solutions

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

The

Global

Industry

Classification

Standard

(GICS

®

)

was

developed

by

and/or

is

the

exclusive

property

of

MSCI,

Inc.

(“MSCI”)

and

Standard

&

Poor’s

Financial

Services

LLC

(“S&P”).

GICS

is

a

service

mark

of

MSCI

and

S&P

and

has

been

licensed

for

use

by

U.S.

Bancorp

Fund

Services,

LLC.

Shares

Value

Real

Estate

Investment

Trusts

—

1

.45

%

Mortgage

Real

Estate

Investment

Trusts

(REITs)

—

1

.45

%

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

........

36,778

$

1,400,139‌

T

otal

Real

Estate

Investment

Trusts

(Cost

$

2,103,948

)

......

1,400,139‌

Money

Market

Funds

—

1

.86

%

Morgan

Stanley

Institutional

Liquidity

Funds

–

Treasury

Portfolio

-

Institutional

Class

,

1

.342

%

(c)

.............................

1,786,071

1,786,071‌

Total

Money

Market

Funds

(Cost

$

1,786,071

)

.............

1,786,071‌

Total

Investments

(Cost

$110,613,549)

—

99.92%

96,052,077‌

Other

Assets

in

E

xcess

of

Liabilities

—

0

.08

%

..............

74,492‌

Total

Net

Assets

—

100.00%

.............................

$

96,126,569‌

Percentages

are

stated

as

a

percent

of

net

assets.

REIT

Real

Estate

Investment

Trust

(a)

Non-income

producing

security.

(b)

Foreign

issued

security.

(c)

The

rate

shown

represents

the

seven-day

yield

as

of

May

31,

2022.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

24

Rockefeller

Equity

Allocation

Fund

Schedule

of

Investments

May

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

96.22%

Aerospace

&

Defense

—

0.09%

Maxar

Technologies,

Inc.

.................................

1,319

$

39,385‌

Air

Freight

&

Logistics

—

1.14%

Deutsche

Post

AG

(a)

...................................

11,451

473,884‌

Auto

Components

—

2.87%

Continental

AG

(a)

.....................................

6,206

476,827‌

Denso

Corp.

(a)

.......................................

9,000

551,590‌

Gentherm,

Inc.

(b)

......................................

1,824

125,747‌

Standard

Motor

Products,

Inc.

.............................

1,003

40,070‌

1,194,234‌

Banks

—

12.38%

Comerica,

Inc.

........................................

7,070

588,295‌

ICICI

Bank

Ltd.

........................................

39,121

753,079‌

KB

Financial

Group,

Inc.

(a)

..............................

14,145

691,316‌

Lloyds

Banking

Group

PLC

(a)

............................

1,820,907

1,035,041‌

Oversea-Chinese

Banking

Corp.

Ltd.

(a)

.....................

78,200

674,630‌

Svenska

Handelsbanken

AB

(a)

...........................

68,713

677,162‌

Swedbank

AB

(a)

......................................

48,823

737,120‌

5,156,643‌

Biotechnology

—

0.90%

BioMarin

Pharmaceutical,

Inc.

(b)

..........................

4,978

373,997‌

Building

Products

—

3.49%

AAON,

Inc.

...........................................

1,251

67,029‌

Carrier

Global

Corp.

....................................

12,476

490,432‌

Cie

de

Saint-Gobain

(a)

..................................

12,232

725,036‌

Simpson

Manufacturing

Co.,

Inc.

...........................

1,581

171,301‌

1,453,798‌

Capital

Markets

—

0.29%

FactSet

Research

Systems,

Inc.

...........................

314

119,879‌

Chemicals

—

2.52%

Air

Liquide

SA

(a)

......................................

5,499

963,247‌

Axalta

Coating

Systems

Ltd.

(b)

...........................

3,259

88,515‌

1,051,762‌

Commercial

Services

&

Supplies

—

0.62%

Healthcare

Services

Group,

Inc.

...........................

2,577

44,247‌

Stericycle,

Inc.

(b)

......................................

940

47,517‌

Tetra

Tech,

Inc.

........................................

1,227

165,608‌

257,372‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

25

Rockefeller

Equity

Allocation

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Shares

Value

Construction

&

Engineering

—

0.42%

Quanta

Services,

Inc.

...................................

704

$

83,776‌

WillScot

Mobile

Mini

Holdings

Corp.

(b)

......................

2,596

92,755‌

176,531‌

Construction

Materials

—

0.90%

Martin

Marietta

Materials,

Inc.

.............................

1,106

375,354‌

Consumer

Finance

—

4.16%

Discover

Financial

Services

...............................

9,672

1,097,675‌

FirstCash

Holdings,

Inc.

.................................

1,034

77,188‌

OneMain

Holdings,

Inc.

..................................

10,179

448,487‌

SLM

Corp.

...........................................

5,683

111,330‌

1,734,680‌

Diversified

Telecommunication

Services

—

1.28%

KT

Corp.

(b)

..........................................

17,437

532,084‌

Electrical

Equipment

—

2.63%

ABB

Ltd.

.............................................

4,022

124,561‌

Array

Technologies,

Inc.

(b)

...............................

3,071

34,027‌

Schneider

Electric

SE

(a)

................................

4,540

630,568‌

TPI

Composites,

Inc.

(b)

.................................

1,996

27,525‌

Vestas

Wind

Systems

AS

(a)

..............................

10,903

278,487‌

1,095,168‌

Electronic

Equipment,

Instruments

&

Components

—

4.42%

Badger

Meter,

Inc.

......................................

1,197

94,731‌

II-VI,

Inc.

(b)

..........................................

6,082

380,125‌

IPG

Photonics

Corp.

(b)

.................................

1,051

110,870‌

Keysight

Technologies,

Inc.

(b)

............................

2,890

420,784‌

Littelfuse,

Inc.

.........................................

750

202,650‌

TE

Connectivity

Ltd.

....................................

3,462

447,948‌

Trimble,

Inc.

(b)

........................................

2,689

182,986‌

1,840,094‌

Entertainment

—

2.55%

Netflix,

Inc.

(b)

........................................

1,998

394,485‌

Nintendo

Co.

Ltd.

(a)

....................................

1,500

669,733‌

1,064,218‌

Food

&

Staples

Retailing

—

0.39%

E-MART,

Inc.

(a)

.......................................

1,730

161,488‌

Food

Products

—

0.36%

Darling

Ingredients,

Inc.

(b)

...............................

1,082

86,636‌

Utz

Brands,

Inc.

.......................................

4,507

63,098‌

149,734‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

26

Rockefeller

Equity

Allocation

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Shares

Value

Health

Care

Equipment

&

Supplies

—

6.53%

ABIOMED,

Inc.

(b)

.....................................

454

$

119,720‌

Alcon,

Inc.

............................................

1

75‌

Becton

Dickinson

and

Co.

................................

1,944

497,275‌

Edwards

Lifesciences

Corp.

(b)

............................

983

99,136‌

Inogen,

Inc.

(b)

........................................

1,807

46,404‌

Insulet

Corp.

(b)

.......................................

617

131,717‌

Integer

Holdings

Corp.

(b)

................................

1,073

85,604‌

Koninklijke

Philips

NV

(a)

................................

20,158

519,605‌

Masimo

Corp.

(b)

......................................

482

67,687‌

Medtronic

PLC

........................................

7,008

701,851‌

Merit

Medical

Systems,

Inc.

(b)

............................

2,945

180,793‌

Omnicell,

Inc.

(b)

.......................................

1,302

144,730‌

Outset

Medical,

Inc.

(b)

..................................

1,121

24,438‌

ResMed,

Inc.

.........................................

495

100,713‌

2,719,748‌

Health

Care

Providers

&

Services

—

2.25%

Centene

Corp.

(b)

......................................

8,220

669,437‌

Chemed

Corp.

........................................

382

185,040‌

Molina

Healthcare,

Inc.

(b)

...............................

281

81,552‌

936,029‌

Hotels,

Restaurants

&

Leisure

—

0.25%

Wyndham

Hotels

&

Resorts,

Inc.

...........................

1,277

102,326‌

Household

Durables

—

3.31%

Panasonic

Holdings

Corp.

(a)

.............................

54,200

497,316‌

Sony

Group

Corp.

(a)

...................................

9,400

881,621‌

1,378,937‌

Industrial

Conglomerates

—

2.62%

Hitachi

Ltd.

(a)

........................................

14,100

731,600‌

LG

Corp.

(a)

..........................................

5,592

360,675‌

1,092,275‌

Insurance

—

7.71%

Allstate

Corp.

.........................................

3,778

516,415‌

Arch

Capital

Group

Ltd.

(b)

...............................

1,746

82,865‌

BRP

Group,

Inc.

(b)

.....................................

3,280

82,721‌

Globe

Life,

Inc.

........................................

7,096

692,357‌

Intact

Financial

Corp.

(a)

.................................

1,016

146,795‌

Reinsurance

Group

of

America,

Inc.

........................

8,276

1,041,535‌

SCOR

SE

(a)

.........................................

3,703

97,311‌

Willis

Towers

Watson

PLC

................................

2,618

552,581‌

3,212,580‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

27

Rockefeller

Equity

Allocation

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Shares

Value

Interactive

Media

&

Services

—

3.36%

Meta

Platforms,

Inc.

(b)

..................................

4,772

$

924,050‌

Tencent

Holdings

Ltd.

(a)

.................................

10,400

475,471‌

1,399,521‌

Internet

&

Direct

Marketing

Retail

—

0.93%

Alibaba

Group

Holding

Ltd.

(b)

............................

4,043

388,330‌

IT

Services

—

4.12%

Fidelity

National

Information

Services,

Inc.

....................

4,332

452,694‌

Visa,

Inc.

............................................

2,841

602,775‌

WEX,

Inc.

(b)

.........................................

3,881

660,857‌

1,716,326‌

Machinary

—

1.48%

Epiroc

AB

(a)

.........................................

31,908

618,726‌

Machinery

—

0.86%

Kubota

Corp.

(a)

.......................................

4,400

81,206‌

Mueller

Industries,

Inc.

..................................

1,290

69,466‌

Nordson

Corp.

........................................

529

115,259‌

Timken

Co.

...........................................

1,526

93,193‌

359,124‌

Oil,

Gas

&

Consumable

Fuels

—

2

.22%

Shell

PLC

............................................

15,613

924,602‌

Pharmaceuticals

—

4.22%

Elanco

Animal

Health,

Inc.

(b)

.............................

17,862

423,329‌

Eli

Lilly

&

Co.

..........................................

2,436

763,540‌

Novo

Nordisk

AS

.......................................

786

86,774‌

Roche

Holding

AG

(a)

...................................

1,420

483,924‌

1,757,567‌

Professional

Services

—

1.32%

Mistras

Group,

Inc.

(b)

...................................

3,444

19,941‌

RELX

PLC

(a)

.........................................

18,459

529,302‌

549,243‌

Semiconductors

&

Semiconductor

Equipment

—

2.62%

Applied

Materials,

Inc.

...................................

4,881

572,492‌

First

Solar,

Inc.

(b)

......................................

2,497

176,313‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

.................

2,016

192,125‌

Teradyne,

Inc.

.........................................

545

59,547‌

Tokyo

Electron

Ltd.

(a)

..................................

200

91,677‌

1,092,154‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

28

Rockefeller

Equity

Allocation

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Shares

Value

Software

—

4.20%

Everbridge,

Inc.

(b)

.....................................

3,145

$

129,920‌

Microsoft

Corp.

........................................

5,351

1,454,777‌

New

Relic,

Inc.

(b)

......................................

1,019

47,750‌

PROS

Holdings,

Inc.

(b)

.................................

1,668

45,520‌

Varonis

Systems,

Inc.

(b)

.................................

2,191

72,456‌

1,750,423‌

Technology

Hardware,

Storage

&

Peripherals

—

4.13%

Apple,

Inc.

...........................................

4,373

650,877‌

Samsung

Electronics

Co.

Ltd.

(a)

...........................

18,793

1,021,925‌

Stratasys

Ltd.

(b)

.......................................

2,474

49,332‌

1,722,134‌

Textiles,

Apparel

&

Luxury

Goods

—

1.18%

Carter's,

Inc.

..........................................

1,469

113,187‌

Deckers

Outdoor

Corp.

(b)

...............................

255

68,483‌

Ralph

Lauren

Corp.

.....................................

3,082

311,559‌

493,229‌

Trading

Companies

&

Distributors

—

0.53%

Ashtead

Group

PLC

(a)

..................................

2,047

107,257‌

Herc

Holdings,

Inc.

.....................................

979

114,758‌

222,015‌

Transportation

Infrastructure

—

0.82%

Airports

of

Thailand

PCL

(a)(b)

............................

166,900

340,018‌

Wireless

Telecommunication

Services

—

0.15%

Tele2

AB

(a)

..........................................

5,288

64,671‌

Total

Common

Stocks

(Cost

$32,533,893)

................

40,090,283‌

Real

Estate

Investment

Trusts

—

1.08%

Equity

Real

Estate

Investment

Trusts

(REITs)

—

1.08%

CapitaLand

Integrated

Commercial

Trust

(a)

..................

221,900

353,910‌

Iron

Mountain,

Inc.

.....................................

1,757

94,702‌

448,612‌

Total

Real

Estate

Investment

Trusts

(Cost

$336,237)

........

448,612‌

Preferred

Stocks

—

0.54%

Automobiles

—

0.54%

Volkswagen

AG

(a)

.....................................

1,356

225,173‌

Total

Preferred

Stocks

(Cost

$225,020)

..................

225,173‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

29

Rockefeller

Equity

Allocation

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

The

Global

Industry

Classification

Standard

(GICS

®

)

was

developed

by

and/or

is

the

exclusive

property

of

MSCI,

Inc.

(“MSCI”)

and

Standard

&

Poor’s

Financial

Services

LLC

(“S&P”).

GICS

is

a

service

mark

of

MSCI

and

S&P

and

has

been

licensed

for

use

by

U.S.

Bancorp

Fund

Services,

LLC.

Shares

Value

Money

Market

Funds

—

1.81%

Morgan

Stanley

Institutional

Liquidity

Funds

–

Treasury

Portfolio

-

Institutional

Class,

1.342%

(c)

.............................

755,363

$

755,363‌

Total

Money

Market

Funds

(Cost

$755,363)

...............

755,363‌

Total

Investments

(Cost

$33,850,513)

—

99.65%

41,519,431‌

Other

Assets

in

Excess

of

Liabilities

—

0.35%

..............

144,680‌

Total

Net

Assets

—

100.00%

.............................

$

41,664,111‌

Percentages

are

stated

as

a

percent

of

net

assets.

REIT

Real

Estate

Investment

Trust

(a)

Foreign

issued

security.

(b)

Non-income

producing

security.

(c)

The

rate

shown

represents

the

seven-day

yield

as

of

May

31,

2022.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

30

Rockefeller

Core

Taxable

Bond

Fund

Schedule

of

Investments

May

31,

2022

(Unaudited)

Principal

Amount

Value

Asset-Backed

Securities

—

1.01%

GM

Financial

Consumer

Automobile

Receivables

Trust

2.180%,

2019-3,

04/16/2024

.............................

$

146,745‌

$

146,830‌

Verizon

Owner

Trust

2.330%,

2019-B,

12/20/2023

.............................

411,175‌

411,538‌

Total

Asset-Backed

Securities

(Cost

$558,520)

............

558,368‌

Corporate

Bonds

—

24.63%

Aerospace

&

Defense

—

1.17%

Boeing

Co.

2.196%,

02/04/2026

...................................

705,000‌

647,613‌

Credit

Intermediation

and

Related

Activities

—

1.48%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

3.000%,

10/29/2028

...................................

932,000‌

815,186‌

Diversified

Banks

—

7.61%

Bank

of

America

Corp.

4.244%

(3

Month

LIBOR

USD

+

1.814%),

04/24/2038

..........

790,000‌

767,811‌

Citigroup,

Inc.

3.520%,

10/27/2028

...................................

1,100,000‌

1,059,782‌

JPMorgan

Chase

&

Co.

4.493%

(3

Month

LIBOR

USD

+

3.790%),

03/24/2031

..........

1,512,000‌

1,529,828‌

Wells

Fargo

&

Co.

0.805%,

05/19/2025

...................................

890,000‌

843,317‌

4,200,738‌

Health

Care

Services

—

1.51%

CVS

Health

Corp.

3.250%,

08/15/2029

...................................

886,000‌

836,498‌

Home

Improvement

Retail

—

3.05%

Home

Depot,

Inc.

5.875%,

12/16/2036

...................................

1,402,000‌

1,683,224‌

Integrated

Telecommunication

Services

—

4.34%

AT&T,

Inc.

1.700%,

03/25/2026

...................................

1,284,000‌

1,198,122‌

Verizon

Communications,

Inc.

2.650%,

11/20/2040

...................................

1,555,000‌

1,199,347‌

2,397,469‌

Investment

Banking

&

Brokerage

—

2.91%

Goldman

Sachs

Group,

Inc.

3.210%,

04/22/2042

...................................

981,000‌

802,740‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

31

Rockefeller

Core

Taxable

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Principal

Amount

Value

Investment

Banking

&

Brokerage

—

2.91%

(Continued)

Morgan

Stanley

2.943%,

01/21/2033

...................................

$

901,000‌

$

805,052‌

1,607,792‌

Regional

Banks

—

1.56%

Truist

Financial

Corp.

3.750%,

12/06/2023

...................................

851,000‌

862,839‌

Systems

Software

—

1.00%

Microsoft

Corp.

3.500%,

02/12/2035

...................................

560,000‌

550,448‌

Total

Corporate

Bonds

(Cost

$15,004,769)

...............

13,601,807‌

Mortgage-Backed

Securities

—

19.15%

Fannie

Mae

Pool

2.500%,

07/01/2023

...................................

21,908‌

21,788‌

3.000%,

04/01/2032

...................................

546,769‌

547,060‌

2.000%,

12/01/2035

...................................

435,234‌

411,790‌

2.500%,

08/01/2041

...................................

944,395‌

883,323‌

4.000%,

10/01/2048

...................................

998,421‌

1,016,972‌

4.500%,

07/01/2049

...................................

501,747‌

512,601‌

2.500%,

01/01/2050

...................................

70,382‌

65,040‌

2.000%,

09/01/2050

...................................

1,319,789‌

1,177,783‌

2.500%,

11/01/2050

...................................

244,422‌

225,430‌

3.000%,

04/01/2051

...................................

609,497‌

583,083‌

2.000%,

05/01/2051

...................................

469,720‌

419,157‌

3.000%,

05/01/2051

...................................

434,905‌

416,084‌

2.500%,

07/01/2051

...................................

1,785,703‌

1,646,241‌

3.000%,

09/01/2051

...................................

606,696‌

580,360‌

4.000%,

04/01/2052

...................................

1,051,882‌

1,055,836‌

Freddie

Mac

Pool

2.500%,

10/01/2032

...................................

474,820‌

467,337‌

2.500%,

10/01/2040

...................................

341,899‌

321,078‌

3.500%,

08/01/2049

...................................

224,902‌

222,291‌

Total

Mortgage-Backed

Securities

(Cost

$11,427,981)

......

10,573,254‌

Municipal

Bonds

—

19.60%

Alabama

—

1.51%

Alabama

Federal

Aid

Highway

Finance

Authority

2.650%,

09/01/2037

...................................

1,000,000‌

830,878‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

32

Rockefeller

Core

Taxable

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Principal

Amount

Value

Colorado

—

0.71%

Regional

Transportation

District

Sales

Tax

Revenue

2.337%,

11/01/2036

...................................

$

500,000‌

$

392,329‌

Maryland

—

1.54%

City

of

Baltimore

MD

2.814%,

07/01/2040

...................................

1,070,000‌

849,781‌

New

York

—

5.29%

Metropolitan

Transportation

Authority

6.734%,

11/15/2030

...................................

870,000‌

982,990‌

New

York

State

Dormitory

Authority

4.850%,

07/01/2048

...................................

1,065,000‌

1,065,375‌

New

York

State

Urban

Development

Corp.

2.150%,

03/15/2031

...................................

1,025,000‌

873,902‌

2,922,267‌

North

Carolina

—

2.12%

University

of

North

Carolina

at

Chapel

Hill

3.327%,

12/01/2036

...................................

1,240,000‌

1,172,567‌

Ohio

—

0.54%

Ohio

Housing

Finance

Agency

2.650%,

11/01/2041

...................................

298,000‌

296,103‌

Oregon

—

1.66%

State

of

Oregon

3.975%,

05/01/2038

...................................

950,000‌

918,187‌

Texas

—

6.23%

North

Texas

Tollway

Authority

3.011%,

01/01/2043

...................................

575,000‌

457,934‌

Permanent

University

Fund

-

Texas

A&M

University

System

3.660%,

07/01/2047

...................................

2,500,000‌

2,370,039‌

Texas

Transportation

Commission

2.562%,

04/01/2042

...................................

750,000‌

612,775‌

3,440,748‌

Total

Municipal

Bonds

(Cost

$12,127,615)

................

10,822,860‌

U.S.

Government

Agency

Issues

—

9.46%

Federal

Farm

Credit

Banks

Funding

Corp.

0.870%,

04/15/2026

...................................

725,000‌

673,454‌

Federal

Home

Loan

Banks

0.625%,

11/27/2024

...................................

2,110,000‌

1,998,159‌

1.020%,

05/19/2026

...................................

1,440,000‌

1,342,671‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

33

Rockefeller

Core

Taxable

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

The

Global

Industry

Classification

Standard

(GICS

®

)

was

developed

by

and/or

is

the

exclusive

property

of

MSCI,

Inc.

(“MSCI”)

and

Standard

&

Poor’s

Financial

Services

LLC

(“S&P”).

GICS

is

a

service

mark

of

MSCI

and

S&P

and

has

been

licensed

for

use

by

U.S.

Bancorp

Fund

Services,

LLC.

Principal

Amount

Value

U.S.

Government

Agency

Issues

—

9.46%

(Continued)

Ginnie

Mae

II

Pool

3.000%,

MA3033,

08/20/2045

............................

$

468,228‌

$

456,403‌

3.500%,

MA4321,

03/20/2047

............................

480,469‌

483,032‌

4.000%,

MA4901,

12/20/2047

............................

261,338‌

267,743‌

Total

U.S.

Government

Agency

Issues

(Cost

$5,483,468)

....

5,221,462‌

U.S.

Government

Notes/Bonds

—

21.76%

United

States

Treasury

Note/Bond

2.250%,

04/30/2024

...................................

580,000‌

577,463‌

0.250%,

06/15/2024

...................................

318,000‌

303,640‌

2.625%,

03/31/2025

...................................

2,262,000‌

2,258,024‌

0.750%,

03/31/2026

...................................

1,240,000‌

1,147,920‌

1.625%,

09/30/2026

...................................

2,966,000‌

2,822,566‌

2.750%,

02/15/2028

...................................

2,531,000‌

2,516,467‌

2.500%,

02/15/2045

...................................

1,550,000‌

1,343,717‌

1.250%,

05/15/2050

...................................

1,614,000‌

1,045,506‌

Total

U.S.

Government

Notes/Bonds

(Cost

$12,727,452)

....

12,015,303‌

Shares

Exchange-Traded

Funds

—

3.24%

Vanguard

Mortgage-Backed

Securities

ETF

..................

36,798

1,788,383‌

Total

Exchange-Traded

Funds

(Cost

$1,982,191)

..........

1,788,383‌

Money

Market

Funds

—

0.14%

Morgan

Stanley

Institutional

Liquidity

Funds

–

Treasury

Portfolio

-

Institutional

Class,

1.342% (a)

.............................

76,137

76,137‌

Total

Money

Market

Funds

(Cost

$76,137)

................

76,137‌

Principal

Amount

U.S.

Treasury

Bill

—

0.51%

United

States

Treasury

Bill,

0.615% (b)

......................

$

280,000‌

279,851‌

Total

U.S.

Treasury

Bill

(Cost

$279,869)

..................

279,851‌

Total

Investments

(Cost

$59,668,001)

—

99.50%

54,937,425‌

Other

Assets

in

Excess

of

Liabilities

—

0.50%

..............

275,886‌

Total

Net

Assets

—

100.00%

.............................

$

55,213,311‌

Percentages

are

stated

as

a

percent

of

net

assets.

(a)

The

rate

shown

represents

the

seven-day

yield

as

of

May

31,

2022.

(b)

Zero

coupon

bond;

effective

yield

is

shown.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

34

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Schedule

of

Investments

May

31,

2022

(Unaudited)

Principal

Amount

Value

Municipal

Bonds

—

98.83%

Alabama

—

5.66%

Black

Belt

Energy

Gas

District

4.000%,

10/01/2052

...................................

$

1,800,000‌

$

1,862,407‌

Southeast

Energy

Authority

A

Cooperative

District

4.000%,

11/01/2051

...................................

2,000,000‌

2,058,116‌

3,920,523‌

Alaska

—

4.19%

Alaska

Housing

Finance

Corp.

5.000%,

12/01/2033

...................................

2,590,000‌

2,906,188‌

Arizona

—

2.64%

Salt

River

Project

Agricultural

Improvement

&

Power

District

5.000%,

01/01/2032

...................................

625,000‌

708,886‌

5.000%,

01/01/2036

...................................

1,000,000‌

1,119,963‌

Colorado

—

2.77%

Colorado

Educational

&

Cultural

Facilities

Authority

5.000%,

03/01/2035

...................................

1,610,000‌

1,918,219‌

Connecticut

—

0.67%

Connecticut

Housing

Finance

Authority

2.850%,

11/15/2026

...................................

465,000‌

466,928‌

Florida

—

2.83%

Florida

Housing

Finance

Corp.

3.200%,

07/01/2030

...................................

415,000‌

411,439‌

State

of

Florida

Department

of

Transportation

Turnpike

System

Revenue

4.000%,

07/01/2033

...................................

1,500,000‌

1,549,450‌

1,960,889‌

Illinois

—

10.15%

Chicago

O'Hare

International

Airport

5.000%,

01/01/2036

...................................

750,000‌

796,056‌

5.000%,

01/01/2036

...................................

2,000,000‌

2,154,732‌

Illinois

Finance

Authority

4.000%,

02/15/2033

...................................

2,550,000‌

2,606,780‌

5.000%,

07/01/2036

...................................

1,300,000‌

1,472,692‌

7,030,260‌

Kansas

—

1.96%

State

of

Kansas

Department

of

Transportation

5.000%,

09/01/2030

...................................

1,210,000‌

1,361,406‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

35

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Principal

Amount

Value

Massachusetts

—

10.37%

Commonwealth

of

Massachusetts

5.000%,

09/01/2030

...................................

$

1,500,000‌

$

1,509,271‌

4.000%,

11/01/2035

...................................

2,000,000‌

2,157,186‌

Massachusetts

Development

Finance

Agency

5.000%,

07/01/2030

...................................

2,000,000‌

2,199,244‌

5.000%,

12/01/2032

...................................

430,000‌

457,640‌

5.000%,

07/01/2050

...................................

750,000‌

864,302‌

7,187,643‌

Michigan

—

1.90%

Michigan

State

University

5.000%,

02/15/2036

...................................

1,175,000‌

1,316,180‌

Minnesota

—

0.82%

Minneapolis-St

Paul

Metropolitan

Airports

Commission

5.000%,

01/01/2026

...................................

550,000‌

571,571‌

Nebraska

—

1.11%

Nebraska

Investment

Finance

Authority

3.350%,

09/01/2028

...................................

765,000‌

765,889‌

Nevada

—

4.44%

Clark

County

Water

Reclamation

District

4.000%,

07/01/2034

...................................

1,175,000‌

1,227,005‌

County

of

Clark

Department

of

Aviation

5.000%,

07/01/2033

...................................

1,770,000‌

1,847,639‌

3,074,644‌

New

York

—

15.05%

City

of

New

York

NY

5.000%,

12/01/2034

...................................

705,000‌

792,922‌

Metropolitan

Transportation

Authority

5.000%,

11/15/2027

...................................

1,795,000‌

1,922,191‌

4.000%,

11/15/2035

...................................

1,000,000‌

1,000,663‌

New

York

City

Transitional

Finance

Authority

Future

Tax

Secured

Revenue

5.000%,

02/01/2036

...................................

1,000,000‌

1,160,428‌

New

York

State

Dormitory

Authority

5.000%,

02/15/2033

...................................

1,090,000‌

1,167,306‌

Port

Authority

of

New

York

&

New

Jersey

5.000%,

11/15/2033

...................................

1,490,000‌

1,651,112‌

State

of

New

York

Mortgage

Agency

2.750%,

10/01/2028

...................................

400,000‌

395,906‌

3.125%,

10/01/2032

...................................

965,000‌

955,340‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

36

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Principal

Amount

Value

New

York

—

15.05%

(Continued)

Triborough

Bridge

&

Tunnel

Authority

5.000%,

11/15/2030

...................................

$

1,255,000‌

$

1,394,410‌

10,440,278‌

Ohio

—

4.15%

Ohio

Water

Development

Authority

5.000%,

06/01/2028

...................................

750,000‌

837,764‌

5.000%,

12/01/2030

...................................

1,835,000‌

2,039,762‌

Pennsylvania

—

11.55%

Commonwealth

of

Pennsylvania

3.250%,

08/15/2026

...................................

1,560,000‌

1,593,642‌

Pennsylvania

Economic

Development

Financing

Authority

5.000%,

02/01/2033

...................................

1,130,000‌

1,175,994‌

4.000%,

11/15/2035

...................................

1,480,000‌

1,503,967‌

Pennsylvania

Housing

Finance

Agency

2.375%,

10/01/2027

...................................

510,000‌

503,566‌

3.200%,

10/01/2031

...................................

2,065,000‌

2,070,176‌

Pennsylvania

Turnpike

Commission

5.000%,

12/01/2035

...................................

1,040,000‌

1,149,130‌

7,996,475‌

Texas

—

12.24%

Arlington

Higher

Education

Finance

Corp.

5.000%,

08/15/2024

...................................

315,000‌

331,965‌

City

of

Houston

TX

Combined

Utility

System

Revenue

5.000%,

11/15/2033

...................................

825,000‌

962,459‌

Clifton

Higher

Education

Finance

Corp.

4.000%,

08/15/2032

...................................

1,000,000‌

1,085,541‌

North

Texas

Tollway

Authority

3.990%,

09/01/2037

(a)

................................

2,035,000‌

1,016,792‌

San

Antonio

Independent

School

District/TX

4.000%,

08/15/2035

...................................

500,000‌

535,534‌

State

of

Texas

5.000%,

10/01/2034

...................................

1,250,000‌

1,398,512‌

Tarrant

Regional

Water

District

Water

Supply

System

Revenue

5.000%,

03/01/2029

...................................

300,000‌

321,496‌

Texas

Municipal

Gas

Acquisition

and

Supply

Corp.

I

6.250%,

12/15/2026

...................................

2,635,000‌

2,837,540‌

8,489,839‌

Virginia

—

1.93%

FHLMC

Multifamily

VRD

Certificates

2.550%,

06/15/2035

...................................

1,460,000‌

1,338,452‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

37

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Principal

Amount

Value

Washington

—

2.80%

State

of

Washington

5.000%,

06/01/2032

...................................

$

550,000‌

$

634,761‌

Washington

State

Housing

Finance

Commission

3.000%,

12/01/2031

...................................

1,325,000‌

1,302,213‌

1,936,974‌

Wisconsin

—

1.60%

State

of

Wisconsin

5.000%,

11/01/2032

...................................

1,000,000‌

1,110,889‌

Total

Municipal

Bonds

(Cost

$71,411,934)

................

68,499,622‌

Shares

Money

Market

Funds

—

0.01%

Morgan

Stanley

Institutional

Liquidity

Funds

–

Treasury

Portfolio

-

Institutional

Class,

1.342%

(b)

.............................

4,929

4,929‌

Total

Money

Market

Funds

(Cost

$4,929)

................

4,929‌

Total

Investments

(Cost

$71,416,863)

—

98.84%

68,504,551‌

Other

Assets

in

Excess

of

Liabilities

—

1.16%

..............

802,819‌

Total

Net

Assets

—

100.00%

.............................

$

69,307,370‌

Percentages

are

stated

as

a

percent

of

net

assets.

FHLMC

Federal

Home

Loan

Mortgage

Corporation

(a)

Zero

coupon

bond;

effective

yield

is

shown.

(b)

The

rate

shown

represents

the

seven-day

yield

as

of

May

31,

2022.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

38

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Schedule

of

Investments

May

31,

2022

(Unaudited)

Principal

Amount

Value

Municipal

Bonds

—

98.29%

Georgia

—

3.80%

City

of

Atlanta

GA

Airport

Passenger

Facility

Charge

5.000%,

07/01/2035

.......................................

$

1,130,000‌

$

1,276,022‌

Illinois

—

1.85%

State

of

Illinois

4.000%,

03/01/2024

.......................................

605,000‌

621,584‌

New

York

—

88.39%

City

of

New

York,

NY

4.000%,

08/01/2034

.......................................

740,000‌

763,036‌

City

of

Yonkers,

NY

4.000%,

05/01/2035

.......................................

750,000‌

782,758‌

County

of

Dutchess,

NY

4.000%,

03/01/2032

.......................................

500,000‌

526,250‌

County

of

Westchester,

NY

4.000%,

12/01/2029

.......................................

650,000‌

692,463‌

Metropolitan

Transportation

Authority

5.000%,

11/15/2026

.......................................

1,190,000‌

1,208,595‌

5.000%,

11/15/2028

.......................................

355,000‌

387,839‌

4.000%,

11/15/2032

.......................................

1,000,000‌

1,025,530‌

4.000%,

11/15/2035

.......................................

750,000‌

750,497‌

Nassau

County

Interim

Finance

Authority

4.000%,

11/15/2034

.......................................

1,275,000‌

1,399,573‌

New

York

City

Housing

Development

Corp.

1.850%,

05/01/2026

.......................................

250,000‌

241,500‌

2.850%,

11/01/2031

.......................................

1,130,000‌

1,083,918‌

New

York

City

Municipal

Water

Finance

Authority

5.000%,

06/15/2031

.......................................

500,000‌

559,912‌

4.000%,

06/15/2036

.......................................

1,190,000‌

1,245,019‌

New

York

City

Transitional

Finance

Authority

Building

Aid

Revenue

5.000%,

07/15/2030

.......................................

465,000‌

498,686‌

New

York

City

Transitional

Finance

Authority

Future

Tax

Secured

Revenue

5.000%,

02/01/2034

.......................................

500,000‌

549,802‌

5.000%,

02/01/2036

.......................................

850,000‌

986,364‌

New

York

Liberty

Development

Corp.

2.500%,

11/15/2036

.......................................

350,000‌

296,965‌

New

York

State

Dormitory

Authority

5.000%,

07/01/2031

.......................................

1,105,000‌

1,219,511‌

5.000%,

10/01/2032

.......................................

1,000,000‌

1,107,226‌

5.000%,

03/15/2033

.......................................

135,000‌

151,309‌

5.000%,

07/01/2033

.......................................

1,090,000‌

1,173,470‌

4.000%,

03/15/2034

.......................................

2,000,000‌

2,111,844‌

5.000%,

07/01/2034

.......................................

900,000‌

967,533‌

5.000%,

03/15/2035

.......................................

500,000‌

537,100‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

39

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Schedule

of

Investments

(Continued)

May

31,

2022

(Unaudited)

Principal

Amount

Value

New

York

—

88.39%

(Continued)

New

York

State

Housing

Finance

Agency

2.125%,

11/01/2023

.......................................

$

400,000‌

$

400,019‌

2.900%,

11/01/2025

.......................................

190,000‌

191,430‌

3.050%,

11/01/2027

.......................................

1,000,000‌

999,984‌

New

York

State

Thruway

Authority

5.000%,

01/01/2032

.......................................

1,020,000‌

1,081,650‌

5.000%,

01/01/2035

.......................................

1,000,000‌

1,074,661‌

New

York

State

Thruway

Authority

Highway

&

Bridge

Trust

Fund

5.000%,

04/01/2032

.......................................

750,000‌

752,201‌

Port

Authority

of

New

York

&

New

Jersey

5.000%,

11/15/2033

.......................................

700,000‌

775,690‌

State

of

New

York

Mortgage

Agency

2.300%,

10/01/2027

.......................................

700,000‌

685,155‌

2.650%,

04/01/2029

.......................................

500,000‌

491,934‌

Triborough

Bridge

&

Tunnel

Authority

2.795%,

11/15/2032 (a)

.....................................

865,000‌

591,246‌

5.000%,

11/15/2034

.......................................

1,000,000‌

1,125,228‌

Utility

Debt

Securitization

Authority

5.000%,

12/15/2034

.......................................

1,125,000‌

1,241,435‌

29,677,333‌

Texas

—

4.25%

Texas

Municipal

Gas

Acquisition

and

Supply

Corp.

I

6.250%,

12/15/2026

.......................................

1,325,000‌

1,426,846‌

Total

Municipal

Bonds

(Cost

$34,496,137)

.....................

33,001,785‌

Shares

Money

Market

Funds

—

0.76%

Morgan

Stanley

Institutional

Liquidity

Funds

–

Treasury

Portfolio

-

Institutional

Class,

1.342% (b)

..........................................

256,822

256,822‌

Total

Money

Market

Funds

(Cost

$256,822)

....................

256,822‌

Total

Investments

(Cost

$34,752,960)

—

99.05%

33,258,607‌

Other

Assets

in

Excess

of

Liabilities

—

0.95%

....................

319,311‌

Total

Net

Assets

—

100.00%

.................................

$

33,577,918‌

Percentages

are

stated

as

a

percent

of

net

assets.

(a)

Zero

coupon

bond;

effective

yield

is

shown.

(b)

The

rate

shown

represents

the

seven-day

yield

as

of

May

31,

2022.

Rockefeller

Funds

Statements

of

Assets

and

Liabilities

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

41

Assets

Investments,

at

value

(Cost:

$

110,613,549

,

$

33,850,513

,

$

59,668,001

,

$

71,416,863

and

$

34,752,960

,

respectively)

.........................................................................................................

Foreign

currencies

(

Cost:

$

8,248

,

$

3,441

,

$

–

,

$

–

and

$

–

,

respectively)

...........................................

Dividends

and

interest

receivable

.........................................................................................

Receivable

for

investment

securities

sold

...............................................................................

Other

assets

....................................................................................................................

Total

Assets

...............................................................................................................

Liabilities

Payable

to

Adviser

............................................................................................................

Payable

for

fund

shares

redeemed

.......................................................................................

Payable

for

investments

purchased

......................................................................................

Payable

for

12b-1

fees

-

Class

A

..........................................................................................

Payable

to

affiliates

...........................................................................................................

Accrued

expenses

and

o

ther

liabilities

..................................................................................

Audit

fees

payable

.............................................................................................................

Total

Liabilities

...........................................................................................................

Net

Assets

.....................................................................................................................

Net

Assets

Consist

of:

Paid-in

capital

...................................................................................................................

Total

distributable

earnings/(deficit)

.......................................................................................

Net

Assets

.................................................................................................................

Institutional

Class

...........................................................................................................

Net

assets

......................................................................................................................

Shares

of

beneficial

interest

outstanding

(unlimited

shares

authorized,

$0.001

par

value

)

............

Net

asset

value

,

redemption

price

and

offering

price

per

share

...............................................

Class

A

..........................................................................................................................

Net

assets

......................................................................................................................

Shares

of

beneficial

interest

outstanding

(unlimited

shares

authorized,

$0.001

par

value

)

............

Net

asset

value

,

redemption

price

and

offering

price

per

share

...............................................

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

42

May

31,

2022

(Unaudited)

Rockefeller

Climate

Solutions

Fund

Rockefeller

Equity

Allocation

Fund

Rockefeller

Core

Taxable

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

96,052,077‌

$

41,519,431‌

$

54,937,425‌

$

68,504,551‌

$

33,258,607‌

7,905‌

3,398‌

–‌

–‌

–‌

131,724‌

219,716‌

321,198‌

875,078‌

358,282‌

–‌

209,985‌

–‌

–‌

–‌

40,308‌

16,957‌

16,444‌

20,997‌

13,808‌

96,232,014‌

41,969,487‌

55,275,067‌

69,400,626‌

33,630,697‌

47,938‌

19,978‌

16,446‌

20,313‌

10,470‌

1,017‌

9‌

–‌

20,000‌

–‌

–‌

225,020‌

–‌

–‌

–‌

539‌

–‌

–‌

–‌

–‌

31,775‌

35,399‌

21,908‌

29,368‌

17,034‌

533‌

1,859‌

120‌

864‌

378‌

23,643‌

23,111‌

23,282‌

22,711‌

24,897‌

105,445‌

305,376‌

61,756‌

93,256‌

52,779‌

$

96,126,569‌

$

41,664,111‌

$

55,213,311‌

$

69,307,370‌

$

33,577,918‌

$

88,163,487‌

$

27,367,171‌

$

60,001,242‌

$

71,892,310‌

$

35,068,474‌

7,963,082‌

14,296,940‌

(

4,787,931‌

)

(

2,584,940‌

)

(

1,490,556‌

)

$

96,126,569‌

$

41,664,111‌

$

55,213,311‌

$

69,307,370‌

$

33,577,918‌

$

94,809,956‌

$

41,664,111‌

$

55,213,311‌

$

69,307,370‌

$

33,577,918‌

11,117,868‌

3,885,246‌

5,991,312‌

7,263,911‌

3,517,613‌

$

8

.53‌

$

10

.72‌

$

9

.22‌

$

9

.54‌

$

9

.55‌

$

1,316,613‌

$

–‌

$

–‌

$

–‌

$

–‌

154,711‌

–‌

–‌

–‌

–‌

$

8

.51‌

$

–‌

$

–‌

$

–‌

$

–‌

Rockefeller

Funds

Statements

of

Operations

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

43

Investment

Income

Dividend

income

.......................................................................................................

Less:

Foreign

withholding

taxes

and

issuance

fees

...........................................................

Interest

income

.........................................................................................................

Total

Investment

Income

.....................................................................................

Expenses

Management

fees

......................................................................................................

Administration

and

accounting

fees

...............................................................................

Federal

&

state

registration

fees

...................................................................................

Transfer

agent

fees

and

expenses

.................................................................................

Audit

and

tax

fees

......................................................................................................

Custody

fees

............................................................................................................

Legal

fees

................................................................................................................

Chief

Compliance

Officer

fees

......................................................................................

Directors'

or

trustees'

fees

...........................................................................................

Pricing

fees

..............................................................................................................

Insurance

expense

....................................................................................................

Reports

to

shareholders

.............................................................................................

12b-1

fees

–

Class

A

..................................................................................................

Interest

expense

.......................................................................................................

Other

expense

..........................................................................................................

Total

expenses

..........................................................................................................

Net

advisory

recoupment/(waivers)

(Note

4)

....................................................................

Net

e

xpenses

....................................................................................................

Net

Investment

Income/(Loss)

...................................................................................

Realized

and

Unrealized

Gain

(Loss)

on

Investments

Net

realized

gain/(loss)

on:

Investments

........................................................................................................

Foreign

currency

..................................................................................................

Net

change

in

unrealized

appreciation/(depreciation)

on:

Investments

........................................................................................................

Foreign

currency

..................................................................................................

Net

Realized

and

Unrealized

Loss

on

Investments

.......................................................

Net

Decrease

in

Net

Assets

f

rom

Operations

...............................................................

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

44

For

the

Period

Ended

May

31,

2022

(Unaudited)

Rockefeller

Climate

Solutions

Fund

Rockefeller

Equity

Allocation

Fund

Rockefeller

Core

Taxable

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

767,349‌

$

728,255‌

$

13,772‌

$

–‌

$

–‌

(

85,131‌

)

(

92,030‌

)

–‌

–‌

–‌

1,989‌

957‌

649,254‌

790,333‌

408,351‌

684,207‌

637,182‌

663,026‌

790,333‌

408,351‌

449,221‌

235,100‌

105,760‌

130,953‌

66,700‌

76,815‌

56,722‌

49,042‌

61,460‌

32,916‌

20,840‌

5,140‌

4,572‌

7,360‌

2,449‌

18,607‌

9,013‌

8,884‌

9,351‌

8,222‌

17,441‌

17,259‌

18,475‌

17,916‌

18,644‌

12,235‌

19,532‌

2,743‌

2,242‌

2,002‌

9,293‌

9,359‌

8,785‌

9,220‌

8,227‌

5,460‌

5,460‌

5,460‌

5,460‌

5,460‌

5,070‌

5,070‌

5,070‌

5,070‌

5,017‌

4,294‌

7,668‌

4,413‌

6,043‌

4,245‌

1,887‌

1,358‌

1,358‌

1,567‌

1,456‌

1,533‌

1,364‌

1,417‌

1,911‌

1,056‌

1,485‌

–‌

–‌

–‌

–‌

–‌

4,026‌

–‌

–‌

–‌

2,070‌

1,578‌

1,481‌

1,578‌

1,377‌

626,251‌

378,649‌

217,460‌

260,131‌

157,771‌

(

101,555‌

)

(

28,914‌

)

–‌

–‌

–‌

524,696‌

349,735‌

217,460‌

260,131‌

157,771‌

159,511‌

287,447‌

445,566‌

530,202‌

250,580‌

(

2,250,755‌

)

6,893,773‌

(

181,957‌

)

154,553‌

(

81,314‌

)

(

2,650‌

)

(

48,443‌

)

–‌

–‌

–‌

(

15,204,306‌

)

(

11,927,498‌

)

(

6,730,677‌

)

(

6,575,333‌

)

(

3,096,880‌

)

(

1,265‌

)

(

7,894‌

)

–‌

–‌

–‌

(

17,458,976‌

)

(

5,090,062‌

)

(

6,912,634‌

)

(

6,420,780‌

)

(

3,178,194‌

)

$

(

17,299,465‌

)

$

(

4,802,615‌

)

$

(

6,467,068‌

)

$

(

5,890,578‌

)

$

(

2,927,614‌

)

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

45

Rockefeller

Climate

Solutions

Fund

Statement

of

Changes

in

Net

Assets

Period

Ended

May

31,

2022

(Unaudited)

Period

From

July

21,

2021

(1)

November

30,

2021

From

Operations

Net

investment

income/(loss)

....................................

$

159,511‌

$

(165,710‌)

Net

realized

loss

from

investments

and

foreign

currency

translation

..............................

(

2,253,405‌)

(

330,173‌)

Net

change

in

unrealized

appreciation/(depreciation)

on

investment

and

foreign

currency

translation

...............

(

15,205,571‌)

642,166‌

Net

increase/(decrease)

in

net

assets

from

operations

.......

(17,299,465‌)

146,283‌

From

Distributions

Net

dividends

and

distributions

...................................

(491,300‌)

–‌

Net

decrease

in

net

assets

resulting

from

distributions

paid

.

(491,300‌)

–‌

From

Capital

Share

Transactions

Proceeds

from

shares

sold

—

Class

A

.........................

699,666‌

910,655‌

Proceeds

from

shares

sold

—

Institutional

Class

............

4,901,167‌

23,389,127‌

Proceeds

from

shares

issued

from

transfers

in

-kind—

Class

A

..............................................................

–‌

10,000‌

Proceeds

from

shares

issued

from

transfers

in

-kind—

Institutional

Class

.................................................

–‌

91,552,365‌

Reinvestments

—

Class

A

.........................................

3,754‌

–‌

Reinvestments

—

Institutional

Class

............................

333,438‌

–‌

Cost

of

shares

redeemed

—

Class

A

...........................

(

90,124‌)

(

10,385‌)

Cost

of

shares

redeemed

—

Institutional

Class

..............

(

6,052,656‌)

(

1,875,956‌)

Net

increase/(decrease)

in

net

assets

from

capital

share

transactions

............................................................

(

204,755‌)

113,975,806‌

Total

increase/(decrease)

in

Net

Assets

.......................

(

17,995,520‌)

114,122,089‌

Net

Assets

Beginning

of

period

......................................................

114,122,089‌

–‌

End

of

period

...............................................................

$

96,126,569‌

$

114,122,089‌

(1)

The

Fund

commenced

operations

on

July

21,

2021.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

46

Rockefeller

Equity

Allocation

Fund

Statement

of

Changes

in

Net

Assets

Period

Ended

May

31,

2022

(Unaudited)

Year

Ended

November

30,

2021

From

Operations

Net

investment

income

............................................

$

287,447‌

$

502,029‌

Net

realized

gain

from

investments

and

foreign

currency

translation

..............................

6,845,330‌

11,003,899‌

Net

change

in

unrealized

depreciation

on

investment

and

foreign

currency

translation

...............

(

11,935,392‌)

(

1,597,616‌)

Net

increase/(decrease)

in

net

assets

from

operations

.......

(4,802,615‌)

9,908,312‌

From

Distributions

Net

dividends

and

distributions

...................................

(10,932,890‌)

(3,559,042‌)

Net

decrease

in

net

assets

resulting

from

distributions

paid

.

(10,932,890‌)

(3,559,042‌)

From

Capital

Share

Transactions

Proceeds

from

shares

sold

—

Institutional

Class

............

2,422,500‌

3,230,471‌

Reinvestments

—

Institutional

Class

............................

5,447,040‌

1,248,078‌

Cost

of

shares

redeemed

—

Institutional

Class

..............

(

23,482,130‌)

(

22,258,128‌)

Net

decrease

in

net

assets

from

capital

share

transactions

..

(

15,612,590‌)

(

17,779,579‌)

Total

Decrease

in

Net

Assets

......................................

(

31,348,095‌)

(

11,430,309‌)

Net

Assets

Beginning

of

period

......................................................

73,012,206‌

84,442,515‌

End

of

period

...............................................................

$

41,664,111‌

$

73,012,206‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

47

Rockefeller

Core

Taxable

Bond

Fund

Statement

of

Changes

in

Net

Assets

Period

Ended

May

31,

2022

(Unaudited)

Year

Ended

November

30,

2021

From

Operations

Net

investment

income

............................................

$

445,566‌

$

962,132‌

Net

realized

gain/(loss)

from

investments

and

foreign

currency

translation

..............................

(

181,957‌)

1,361,743‌

Net

change

in

unrealized

depreciation

on

investment

and

foreign

currency

translation

...............

(

6,730,677‌)

(

3,512,432‌)

Net

decrease

in

net

assets

from

operations

.....................

(6,467,068‌)

(1,188,557‌)

From

Distributions

Net

dividends

and

distributions

...................................

(1,626,506‌)

(1,142,166‌)

Net

decrease

in

net

assets

resulting

from

distributions

paid

.

(1,626,506‌)

(1,142,166‌)

From

Capital

Share

Transactions

Proceeds

from

shares

sold

—

Institutional

Class

............

103,000‌

3,043,978‌

Reinvestments

—

Institutional

Class

............................

1,034,179‌

556,326‌

Cost

of

shares

redeemed

—

Institutional

Class

..............

(

4,902,248‌)

(

8,175,086‌)

Net

decrease

in

net

assets

from

capital

share

transactions

..

(

3,765,069‌)

(

4,574,782‌)

Total

Decrease

in

Net

Assets

......................................

(

11,858,643‌)

(

6,905,505‌)

Net

Assets

Beginning

of

period

......................................................

67,071,954‌

73,977,459‌

End

of

period

...............................................................

$

55,213,311‌

$

67,071,954‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

48

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Statement

of

Changes

in

Net

Assets

Period

Ended

May

31,

2022

(Unaudited)

Year

Ended

November

30,

2021

From

Operations

Net

investment

income

............................................

$

530,202‌

$

1,307,198‌

Net

realized

gain

from

investments

and

foreign

currency

translation

..............................

154,553‌

1,597,513‌

Net

change

in

unrealized

depreciation

on

investment

and

foreign

currency

translation

...............

(

6,575,333‌)

(

2,010,630‌)

Net

increase/(decrease)

in

net

assets

from

operations

.......

(5,890,578‌)

894,081‌

From

Distributions

Net

dividends

and

distributions

...................................

(2,209,949‌)

(2,007,249‌)

Net

decrease

in

net

assets

resulting

from

distributions

paid

.

(2,209,949‌)

(2,007,249‌)

From

Capital

Share

Transactions

Proceeds

from

shares

sold

—

Institutional

Class

............

5,127,000‌

6,550,934‌

Reinvestments

—

Institutional

Class

............................

1,068,019‌

642,578‌

Cost

of

shares

redeemed

—

Institutional

Class

..............

(

13,795,311‌)

(

26,059,399‌)

Net

decrease

in

net

assets

from

capital

share

transactions

..

(

7,600,292‌)

(

18,865,887‌)

Total

Decrease

in

Net

Assets

......................................

(

15,700,819‌)

(

19,979,055‌)

Net

Assets

Beginning

of

period

......................................................

85,008,189‌

104,987,244‌

End

of

period

...............................................................

$

69,307,370‌

$

85,008,189‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

49

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Statement

of

Changes

in

Net

Assets

Period

Ended

May

31,

2022

(Unaudited)

Year

Ended

November

30,

2021

From

Operations

Net

investment

income

............................................

$

250,580‌

$

560,156‌

Net

realized

gain/(loss)

from

investments

and

foreign

currency

translation

..............................

(

81,314‌)

627,977‌

Net

change

in

unrealized

depreciation

on

investment

and

foreign

currency

translation

...............

(

3,096,880‌)

(

486,481‌)

Net

increase/(decrease)

in

net

assets

from

operations

.......

(2,927,614‌)

701,652‌

From

Distributions

Net

dividends

and

distributions

...................................

(896,602‌)

(830,870‌)

Net

decrease

in

net

assets

resulting

from

distributions

paid

.

(896,602‌)

(830,870‌)

From

Capital

Share

Transactions

Proceeds

from

shares

sold

—

Institutional

Class

............

14,000‌

2,544,775‌

Reinvestments

—

Institutional

Class

............................

450,213‌

363,824‌

Cost

of

shares

redeemed

—

Institutional

Class

..............

(

3,982,988‌)

(

10,798,248‌)

Net

decrease

in

net

assets

from

capital

share

transactions

..

(

3,518,775‌)

(

7,889,649‌)

Total

Decrease

in

Net

Assets

......................................

(

7,342,991‌)

(

8,018,867‌)

Net

Assets

Beginning

of

period

......................................................

40,920,909‌

48,939,776‌

End

of

period

...............................................................

$

33,577,918‌

$

40,920,909‌

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

51

Rockefeller

Climate

Solutions

Fund

–

Institutional

Class

Financial

Highlights

Per

Share

Data

for

a

Share

Outstanding

Throughout

the

Period

Period

Ended

May

31,

2022

(Unaudited)

Period

Ended

November

30,

2021

(1)

Net

Asset

Value,

Beginning

of

period

.....................

$10.06‌

$10.00‌

Income

from

investment

operations:

Net

investment

income/(loss)

(2)

.........................

0.01‌

(0.01‌)

Net

realized

and

unrealized

gain/(loss)

....................

(1.50‌)

0.07‌

Total

From

Investment

Operations

.........................

(1.49‌)

0.06‌

Paid

from

net

investment

income

........................

–‌

–‌

Paid

from

realized

gains

...............................

(0.04‌)

–‌

Total

Distributions

.....................................

(0.04‌)

–‌

Net

A

sset

Value,

End

of

period

..........................

$8.53‌

$10.06‌

Total

return

(3)

.......................................

-14.86%

0.58%

Supplemental

Data

and

Ratios:

Net

assets,

end

of

period

(000)

...........................

$94,810

$113,235

Ratio

of

expenses

to

average

net

assets:

Before

waiver,

expense

recoupment

(4)

....................

1.18%

1.25%

After

waiver,

expense

recoupment

(4)

.....................

0.99%

0.99%

Ratio

of

net

investment

income/(loss)

to

average

net

assets:

Before

waiver,

expense

recoupment

(4)

....................

0.11%

(0.69)%

After

waiver,

expense

recoupment

(4)

.....................

0.30%

(0.43)%

Portfolio

turnover

rate

(5)

................................

8.38%

13.14%

(1)

Fund

commenced

operations

on

July

21,

2021.

(2)

Net

investment

income

per

share

has

been

calculated

based

on

average

shares

outstanding

during

the

period.

(3)

Not

annualized

for

periods

less

than

one

year.

(4)

Annualized

for

periods

less

than

one

year.

(5)

Portfolio

turnover

rate

is

not

annualized

and

excludes

the

value

of

portfolio

securities

received

as

a

result

of

in-kind

subscriptions.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

52

Rockefeller

Climate

Solutions

Fund

–

Class

A

Financial

Highlights

Per

Share

Data

for

a

Share

Outstanding

Throughout

the

Period

Period

Ended

May

31,

2022

(Unaudited)

Period

Ended

November

30,

2021

(1)

Net

Asset

Value,

Beginning

of

period

.....................

$10.05‌

$10.00‌

Income

from

investment

operations:

Net

investment

income/(loss) 

(2)

.........................

0.01‌

(0.03‌)

Net

realized

and

unrealized

gain/(loss)

....................

(1.51‌)

0.08‌

Total

From

Investment

Operations

.........................

(1.50‌)

0.05‌

Paid

from

net

investment

income

........................

–‌

–‌

Paid

from

realized

gains

...............................

(0.04‌)

–‌

Total

Distributions

.....................................

(0.04‌)

–‌

Net

Asset

Value,

End

of

period

..........................

$8.51‌

$10.05‌

Total

return

(3)

.......................................

-14.97%

0.50%

Supplemental

Data

and

Ratios:

Net

assets,

end

of

period

(000)

...........................

$1,317

$887

Ratio

of

expenses

to

average

net

assets:

Before

waiver,

expense

recoupment 

(4)

....................

1.44%

1.56%

After

waiver,

expense

recoupment 

(4)

.....................

1.24%

1.24%

Ratio

of

net

investment

income/(loss)

to

average

net

assets:

Before

waiver,

expense

recoupment 

(4)

....................

(0.08)%

(1.21)%

After

waiver,

expense

recoupment 

(4)

.....................

0.12%

(0.89)%

Portfolio

turnover

rate 

(5)

................................

8.38%

13.14%

(1)

Fund

commenced

operations

on

July

21,

2021.

(2)

Net

investment

income

per

share

has

been

calculated

based

on

average

shares

outstanding

during

the

period.

(3)

Not

annualized

for

periods

less

than

one

year.

(4)

Annualized

for

periods

less

than

one

year.

(5)

Portfolio

turnover

rate

is

not

annualized

and

excludes

the

value

of

portfolio

securities

received

as

a

result

of

in-kind

subscriptions.

Rockefeller

Equity

Allocation

Fund

Financial

Highlights

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

53

Period

Ended

May

31,

2022

(Unaudited)

Net

Asset

Value,

Beginning

of

period

....................

$13.88‌

Income

from

investment

operations:

Net

investment

income/(loss)

(1)

........................

0.06‌

Net

realized

and

unrealized

gain/(loss)

...................

(1.10‌)

Total

From

Investment

Operations

........................

(1.04‌)

Paid

from

net

investment

income

.......................

(0.04‌)

Paid

from

realized

gains

..............................

(2

.08‌)

Total

Distributions

....................................

(2.12‌)

Net

Asset

Value,

End

of

period

.........................

$10.72‌

Total

return

(2)

......................................

-9.44%

Supplemental

Data

and

Ratios:

Net

assets,

end

of

period

(000)

..........................

$41,664

Ratio

of

expenses

to

average

net

assets:

Before

waiver,

expense

recoupment

(3)

...................

1.37%

After

waiver,

expense

recoupment

(3)

.....................

1.26%

Ratio

of

net

investment

income/(loss)

to

average

net

assets:

Before

waiver,

expense

recoupment

(4

)

...................

0.93%

Net

After

waiver,

expense

recoupment

(

4

)

.................

1.04%

Portfolio

turnover

rate

(

2

)

...............................

22.05%

(1)

Net

investment

income

per

share

has

been

calculated

based

on

average

shares

outstanding

during

the

period.

(2)

Not

annualized

for

periods

less

than

one

year.

(3)

(4)

The

ratio

of

expenses

to

average

net

assets

includes

interest

expense.

The

annualized

before

waiver,

expense

recoupment

ratios

excluding

interest

expense

were

1.36%

and

1.25%.

Annualized

for

periods

less

than

one

year.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

54

Per

Share

Data

for

a

Share

Outstanding

Throughout

the

Period

Year

Ended

November

30,

2021

Year

Ended

November

30,

2020

Year

Ended

November

30,

2019

Year

Ended

November

30,

2018

Year

Ended

November

30,

2017

$12.96‌

$12.20‌

$12.11‌

$12.61‌

$10.05‌

0.09‌

0.08‌

0.11‌

0.07‌

0.09‌

1.40‌

1

.05‌

0.68‌

(0.28‌)

2.57‌

1.49‌

1.13‌

0.79‌

(0.21‌)

2.66‌

(0.08‌)

(0.10‌)

(0.11‌)

(0.24‌)

(0.10‌)

(0.49‌)

(0.27‌)

(0.59‌)

(0.05‌)

–‌

(0.57‌)

(0.37‌)

(0.70‌)

(0.29‌)

(0.10‌)

$13.88‌

$12.96‌

$12.20‌

$12.11‌

$12.61‌

11.74%

9.54%

7.38%

-1.69%

26.54%

$73,012

$84,443

$109,802

$112,228

$118,260

1.23%

1.22%

1.15%

1.15%

1.18%

1.23%

1.22%

1.15%

1.15%

1.22%

0.60%

0.67%

0.94%

0.57%

0.84%

0.60%

0.67%

0.94%

0.57%

0.80%

40.55%

77.50%

37.01%

32.22%

35.98%

Rockefeller

Core

Taxable

Bond

Fund

Financial

Highlights

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

55

Period

Ended

May

31,

2022

(Unaudited)

Net

Asset

Value,

Beginning

of

period

....................

$10.52‌

Income

from

investment

operations:

Net

investment

income/(loss) 

(1)

........................

0.07‌

Net

realized

and

unrealized

gain/(loss)

...................

(1.11‌)

Total

From

Investment

Operations

........................

(1.04‌)

Paid

from

net

investment

income

.......................

(0.08‌)

Paid

from

realized

gains

..............................

(0.18‌)

Total

Distributions

....................................

(0.26‌)

Net

Asset

Value,

End

of

period

.........................

$9.22‌

Total

return

(2)

......................................

-10.16%

Supplemental

Data

and

Ratios:

Net

assets,

end

of

period

(000)

..........................

$55,213

Ratio

of

expenses

to

average

net

assets:

Before

waiver,

expense

recoupment 

(3)

...................

0.72%

After

waiver,

expense

recoupment 

(3)

.....................

0.72%

Ratio

of

net

investment

income/(loss)

to

average

net

assets:

Before

waiver,

expense

recoupment 

(3)

...................

1.47%

After

waiver,

expense

recoupment 

(3)

.....................

1.47%

Portfolio

turnover

rate

(

2

)

...............................

16.66%

(1)

Net

investment

income

per

share

has

been

calculated

based

on

average

shares

outstanding

during

the

period.

(2)

Not

annualized

for

periods

less

than

one

year.

(3)

Annualized

for

periods

less

than

one

year.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

56

Per

Share

Data

for

a

Share

Outstanding

Throughout

the

Period

Year

Ended

November

30,

2021

Year

Ended

November

30,

2020

Year

Ended

November

30,

2019

Year

Ended

November

30,

2018

Year

Ended

November

30,

2017

$10.86‌

$10.38‌

$9.69‌

$10.08‌

$10.08‌

0.14‌

0.19‌

0.26‌

0.26‌

0.21‌

(0.31‌)

0.52‌

0.70‌

(0.40‌)

0.08‌

(0.17‌)

0.71‌

0.96‌

(0.14‌)

0.29‌

(0.17‌)

(0.23‌)

(0.27‌)

(0.25‌)

(0.20‌)

–‌

–‌

–‌

–‌

(0.09‌)

(0.17‌)

(0.23‌)

(0.27‌)

(0.25‌)

(0.29‌)

$10.52‌

$10.86‌

$10.38‌

$9.69‌

$10.08‌

-1.59%

6.95%

10.05%

-1.37%

2.85%

$67,072

$73,977

$72,603

$71,360

$76,066

0.70%

0.69%

0.66%

0.64%

0.65%

0.70%

0.69%

0.66%

0.64%

0.65%

1.36%

1.78%

2.57%

2.61%

2.14%

1.36%

1.78%

2.57%

2.61%

2.14%

50.01%

46.39%

98.69%

42.37%

50.92%

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Financial

Highlights

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

57

Period

Ended

May

31,

2022

(Unaudited)

Net

Asset

Value,

Beginning

of

period

....................

$10.60‌

Income

from

investment

operations:

Net

investment

income/(loss) 

(1)

........................

0.07‌

Net

realized

and

unrealized

gain/(loss)

...................

(0.84‌)

Total

From

Investment

Operations

........................

(0.77‌)

Paid

from

net

investment

income

.......................

(0.08‌)

Paid

from

realized

gains

..............................

(0.21‌)

Total

Distributions

....................................

(0.29‌)

Net

Asset

Value,

End

of

period

.........................

$9.54‌

Total

return

(3)

......................................

-7.50%

Supplemental

Data

and

Ratios:

Net

assets,

end

of

period

(000)

..........................

$69,307

Ratio

of

expenses

to

average

net

assets:

Before

waiver,

expense

recoupment 

(4)

...................

0.70%

After

waiver,

expense

recoupment 

(4)

.....................

0.70%

Ratio

of

net

investment

income/(loss)

to

average

net

assets:

Before

waiver,

expense

recoupment 

(4)

...................

1.42%

After

waiver,

expense

recoupment 

(4)

.....................

1.42%

Portfolio

turnover

rate

(

3

)

...............................

6.79%

(1)

Net

investment

income

per

share

has

been

calculated

based

on

average

shares

outstanding

during

the

period.

(2)

Amount

represents

less

than

$.01

per

share.

(3)

Not

annualized

for

periods

less

than

one

year.

(4)

Annualized

for

periods

less

than

one

year.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

58

Per

Share

Data

for

a

Share

Outstanding

Throughout

the

Period

Year

Ended

November

30,

2021

Year

Ended

November

30,

2020

Year

Ended

November

30,

2019

Year

Ended

November

30,

2018

Year

Ended

November

30,

2017

$10.72‌

$10.46‌

$9.95‌

$10.04‌

$9.96‌

0.15‌

0.15‌

0.17‌

0.12‌

0.09‌

(0.05‌)

0.33‌

0.50‌

(0.10‌)

0.15‌

0.10‌

0.48‌

0.67‌

0.02‌

0.24‌

(0.15‌)

(0.16‌)

(0.16‌)

(0.11‌)

(0.09‌)

(0.07‌)

(0.06‌)

–‌

–‌ 

(2)

(0.07‌)

(0.22‌)

(0.22‌)

(0.16‌)

(0.11‌)

(0.16‌)

$10.60‌

$10.72‌

$10.46‌

$9.95‌

$10.04‌

0.94%

4.73%

6.77%

0.24%

2.43%

$85,008

$104,987

$101,211

$102,245

$94,759

0.66%

0.65%

0.63%

0.63%

0.66%

0.66%

0.65%

0.63%

0.63%

0.66%

1.38%

1.46%

1.61%

1.23%

0.91%

1.38%

1.46%

1.61%

1.23%

0.91%

17.32%

23.45%

64.26%

41.52%

37.63%

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Financial

Highlights

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

59

Period

Ended

May

31,

2022

(Unaudited)

Net

Asset

Value,

Beginning

of

period

....................

$10.52‌

Income

from

investment

operations:

Net

investment

income/(loss) 

(1)

........................

0.06‌

Net

realized

and

unrealized

gain/(loss)

...................

(0.80‌)

Total

From

Investment

Operations

........................

(0.74‌)

Paid

from

net

investment

income

.......................

(0.07‌)

Paid

from

realized

gains

..............................

(0.16‌)

Total

Distributions

....................................

(0.23‌)

Net

Asset

Value,

End

of

period

.........................

$9.55‌

Total

return

(2)

......................................

-7.20%

Supplemental

Data

and

Ratios:

Net

assets,

end

of

period

(000)

..........................

$33,578

Ratio

of

expenses

to

average

net

assets:

Before

waiver,

expense

recoupment 

(3)

...................

0.83%

After

waiver,

expense

recoupment 

(3)

.....................

0.83%

Ratio

of

net

investment

income/(loss)

to

average

net

assets:

Before

waiver,

expense

recoupment 

(3)

...................

1.31%

After

waiver,

expense

recoupment 

(3)

.....................

1.31%

Portfolio

turnover

rate

(2)

...............................

0.10%

(1)

Net

investment

income

per

share

has

been

calculated

based

on

average

shares

outstanding

during

the

period.

(2)

Not

annualized

for

periods

less

than

one

year.

(3)

Annualized

for

periods

less

than

one

year.

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

60

Per

Share

Data

for

a

Share

Outstanding

Throughout

the

Period

Year

Ended

November

30,

2021

Year

Ended

November

30,

2020

Year

Ended

November

30,

2019

Year

Ended

November

30,

2018

Year

Ended

November

30,

2017

$10.56‌

$10.40‌

$9.89‌

$9.98‌

$9.94‌

0.13‌

0.14‌

0.15‌

0.11‌

0.07‌

0.01‌

0.20‌

0.50‌

(0.10‌)

0.16‌

0.14‌

0.34‌

0.65‌

0.01‌

0.23‌

(0.13‌)

(0.14‌)

(0.14‌)

(0.10‌)

(0.07‌)

(0.05‌)

(0.04‌)

–‌

–‌

(0.12‌)

(0.18‌)

(0.18‌)

(0.14‌)

(0.10‌)

(0.19‌)

$10.52‌

$10.56‌

$10.40‌

$9.89‌

$9.98‌

1.37%

3.34%

6.59%

0.10%

2.35%

$40,921

$48,940

$50,053

$45,068

$37,044

0.78%

0.77%

0.73%

0.76%

0.82%

0.78%

0.77%

0.73%

0.76%

0.85

%

1.20%

1.35%

1.41%

1.07%

0.78%

1.20%

1.35%

1.41%

1.07%

0.75%

22.56%

18.47%

69.23%

36.05%

34.50%

61

Rockefeller

Funds

Notes

to

Financial

Statements

May

31,

2022

(Unaudited)

(1)

Organization

Trust

for

Professional

Managers

(the

“Trust”)

was

organized

as

a

Delaware

statutory

trust

under

a

Declaration

of

Trust

dated

May

29,

2001.

The

Trust

is

registered

under

the

Investment

Company

Act

of

1940,

as

amended

(the

“1940

Act”),

as

an

open-

end

management

investment

company.

The

Rockefeller

Funds

(the

“Funds”)

are

comprised

of

the

Rockefeller

Climate

Solutions

Fund,

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund,

and

the

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund.

Each

represents

a

distinct

series

with

its

own

investment

objective

and

policies

within

the

Trust.

With

the

exception

of

the

Rockefeller

Tax

Exempt

New

York

Bond

Fund

which

is

a

non-diversified

series

of

the

Trust,

each

Fund

is

a

diversified

series

of

the

Trust.

The

investment

objective

of

the

Rockefeller

Climate

Solutions

Fund

is

to

seek

long-term

growth

of

capital

principally

through

equity

investments

in

public

companies

across

the

market

capitalization

spectrum

offering

climate

change

mitigation

or

adaptation

products

and

services.

The

investment

objective

of

the

Rockefeller

Equity

Allocation

Fund

is

to

seek

long-term

total

return

from

capital

appreciation

and

income.

The

investment

objective

of

the

Rockefeller

Core

Taxable

Bond

Fund

is

to

generate

current

income

consistent

with

the

preservation

of

capital.

The

investment

objective

of

the

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

is

to

generate

current

income

that

is

exempt

from

federal

personal

income

tax

consistent

with

the

preservation

of

capital.

The

investment

objective

of

the

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

is

to

generate

current

income

that

is

exempt

from

federal,

New

York

State

and

New

York

City

personal

income

tax

consistent

with

the

preservation

of

capital.

The

Trust

may

issue

an

unlimited

number

of

shares

of

beneficial

interest

at

$0.001

par

value.

The

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

commenced

operations

on

December

26,

2013.

The

Rockefeller

Equity

Allocation

Fund

commenced

operations

on

February

4,

2015.

The

Rockefeller

Climate

Solutions

Fund

commenced

operations

on

July

21,

2021.

Adviser

Class

shares

of

the

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund,

are

authorized

but

are

currently

not

offered

for

purchase.

Costs

incurred

by

the

Funds

in

connection

with

the

organization,

registration

and

initial

public

offering

of

shares

were

borne

by

the

Adviser.

(2)

Significant

Accounting

Policies

The

following

is

a

summary

of

significant

accounting

policies

consistently

followed

by

the

Funds

in

the

preparation

of

the

financial

statements.

These

policies

are

in

conformity

with

accounting

principles

generally

accepted

in

the

United

States

of

America

(“GAAP”).

The

Funds

are

investment

companies

and

accordingly

follow

the

investment

company

accounting

reporting

guidance

of

the

Financial

Accounting

Standards

Board

(FASB)

Accounting

Standard

Codification

Topic

946

“Financial

Services-Investment

Companies”.

62

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

(a)

Investment

Valuation

Each

equity

security

owned

by

the

Funds

that

is

listed

on

a

securities

exchange,

except

for

securities

listed

on

the

NASDAQ

Stock

Market

LLC

(“NASDAQ”),

is

valued

at

its

last

sale

price

at

the

close

of

that

exchange

on

the

date

as

of

which

assets

are

valued.

If

a

security

is

listed

on

more

than

one

exchange,

the

Funds

will

use

the

price

on

the

exchange

that

the

Funds

generally

consider

to

be

the

principal

exchange

on

which

the

security

is

traded.

Fund

securities,

including

common

stocks,

preferred

stocks

and

exchange-traded

funds,

listed

on

NASDAQ

will

be

valued

at

the

NASDAQ

Official

Closing

Price,

which

may

not

necessarily

represent

the

last

sale

price.

If,

on

a

particular

day,

an

exchange-

listed

or

NASDAQ

security

does

not

trade,

then:

(i)

the

security

is

valued

at

the

mean

between

the

most

recent

quoted

bid

and

asked

prices

at

the

close

of

the

exchange

on

such

day;

or

(ii)

the

security

is

valued

at

the

latest

sales

price

on

the

Composite

Market

for

the

day

such

security

is

being

valued.

“Composite

Market”

means

a

consolidation

of

the

trade

information

provided

by

national

securities

and

foreign

exchanges

and

the

over-the-counter

markets

as

published

by

an

approved

independent

pricing

service

(“Pricing

Service”).

Foreign

securities

will

be

priced

in

their

local

currencies

as

of

the

close

of

their

primary

exchange

or

market

or

as

of

the

time

the

Fund

calculates

its

NAV,

whichever

is

earlier.

Foreign

securities,

currencies

and

other

assets

denominated

in

foreign

currencies

are

then

translated

into

U.S.

dollars

at

the

exchange

rate

of

such

currencies

against

the

U.S.

dollar

using

the

applicable

currency

exchange

rates

as

of

the

close

of

the

New

York

Stock

Exchange

(“NYSE”),

generally

4:00

p.m.

Eastern

Time.

Foreign

securities

are

traded

on

foreign

exchanges

which

typically

close

before

the

close

of

business

on

each

day

on

which

the

NYSE

is

open.

Each

security

trading

on

these

exchanges

may

be

valued

utilizing

a

systematic

fair

valuation

model

provided

by

a

pricing

service.

The

valuation

of

each

security

that

meets

certain

criteria

in

relation

to

the

valuation

model

is

systematically

adjusted

to

reflect

the

impact

of

movement

in

the

U.S.

market

after

the

foreign

markets

close

and

are

classified

as

Level

2

securities.

Securities

that

do

not

meet

the

criteria,

or

that

are

principally

traded

in

other

foreign

markets,

are

valued

as

of

the

last

reported

sale

price

at

the

time

the

respective

Fund

determines

its

NAV,

or

when

reliable

market

prices

or

quotations

are

not

readily

available,

at

the

mean

between

the

most

recent

bid

and

asked

quotations

as

of

the

close

of

the

appropriate

exchange

or

other

designated

time.

Debt

securities,

including

short-term

debt

instruments

having

a

maturity

of

60

days

or

less,

are

generally

valued

at

the

mean

in

accordance

with

prices

provided

by

a

Pricing

Service.

Pricing

Services

may

use

various

valuation

methodologies

such

as

the

mean

between

the

bid

and

the

asked

prices,

matrix

pricing

and

other

analytical

pricing

models

as

well

as

market

transactions

and

dealer

quotations.

If

a

price

is

not

available

from

a

Pricing

Service,

the

most

recent

quotation

obtained

from

one

or

more

broker-dealers

known

to

follow

the

issue

will

be

obtained.

Quotations

will

be

valued

at

the

mean

between

the

bid

and

the

offer.

In

the

absence

of

available

quotations,

the

securities

will

be

priced

at

fair

value

in

accordance

with

the

procedures

approved

by

the

Board

of

Trustees.

63

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

Municipal

bonds

are

priced

by

a

Pricing

Service.

A

discounted

cash

flow

methodology

is

employed

using

a

benchmark

yield

and

estimated

cash

flows

for

each

bond,

as

well

as

an

estimated

discount

for

liquidity.

Additional

inputs

such

as

calls

of

bond

principal

by

the

issuer

are

considered

in

the

estimate

of

fair

value.

To

the

extent

the

inputs

are

based

on

observable

inputs,

municipal

bonds

would

be

categorized

in

Level

2

of

the

fair

value

hierarchy;

otherwise,

they

would

be

generally

categorized

as

Level

3.

U.S.

government

notes/bonds

are

normally

valued

by

a

Pricing

Service

using

a

model

that

incorporates

market

observable

data

such

as

reported

sales

of

similar

securities,

broker

quotes,

yields,

bids,

offers,

and

reference

data.

Certain

securities

are

valued

principally

using

dealer

quotations.

U.S.

government

notes/bonds

are

typically

categorized

in

Level

2

of

the

fair

value

hierarchy.

When

market

quotations

are

not

readily

available,

any

security

or

other

financial

instrument

is

valued

at

its

fair

value

as

determined

under

procedures

approved

by

the

Trust’s

Board

of

Trustees.

These

fair

value

procedures

will

also

be

used

to

price

a

security

when

corporate

events,

events

in

the

securities

market

and/or

world

events

cause

the

Adviser

to

believe

that

a

security’s

last

sale

price

may

not

reflect

its

actual

fair

market

value.

The

intended

effect

of

using

fair

value

pricing

procedures

is

to

ensure

that

the

Funds

are

accurately

priced.

The

Board

of

Trustees

will

regularly

evaluate

whether

the

Funds’

fair

value

pricing

procedures

continue

to

be

appropriate

in

light

of

the

specific

circumstances

of

the

Funds

and

the

quality

of

prices

obtained

by

the

Trust’s

Valuation

Committee.

The

Funds

have

adopted

Statement

of

Financial

Accounting

Standards,

“Fair

Value

Measurements

and

Disclosures,”

which

requires

the

Funds

to

classify

their

securities

based

on

a

valuation

method.

These

inputs

are

summarized

in

the

three

broad

levels

listed

below:

Level

1—

Quoted

prices

in

active

markets

for

identical

securities.

Level

2—

Other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

prepayment

speeds,

credit

risk,

etc.).

Level

3—

Significant

unobservable

inputs

(including

the

Funds’

own

assumptions

in

determining

the

fair

value

of

investments).

The

inputs

or

methodology

used

for

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

securities.

The

following

is

a

summary

of

the

inputs

used

to

value

the

Funds’

investments

carried

at

fair

value

as

of

May

31,

2022:

Rockefeller

Climate

Solutions

Fund

Level

1

Level

2

Level

3

Total

Assets

(1)

:

Equities:

Common

Stock

$

58,221,807‌

$

34,644,060‌

$

–‌

$

92,865,867‌

Real

Estate

Investment

Trusts

1,400,138‌

–‌

–‌

1,400,138‌

Total

Equity

Securities

59,621,946‌

34,644,060‌

–‌

94,266,006‌

Money

Market

Funds

1,786,071‌

–‌

–‌

1,786,071‌

Total

Investments

in

Securities

$

61,408,017‌

$

34,644,060‌

$

–‌

$

96,052,077‌

64

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

The

Funds

held

no

Level

3

securities

during

the

period

ended

May

31,

2022.

The

Funds

did

not

invest

in

derivative

securities

or

engage

in

hedging

activities

during

the

period

ended

May

31,

2022.

Rockefeller

Equity

Allocation

Fund

Level

1

Level

2

Level

3

Total

Assets

(1)

:

Equities:

Common

Stock

$

23,910,170‌

$

16,180,11

3‌

$

–‌

$

40,090,283‌

Preferred

Stock

225,173‌

–‌

–‌

225,173‌

Real

Estate

Investment

Trusts

94,702‌

353,9

10‌

–‌

448,612‌

Total

Equity

Securities

24,230,045‌

16,534,023‌

–‌

40,764,068‌

Money

Market

Funds

755,363‌

–‌

–‌

755,363‌

Total

Investments

in

Securities

$

24,985,408‌

$

16,534,023‌

$

–‌

$

41,519,431‌

Rockefeller

Core

Taxable

Bond

Fund

Level

1

Level

2

Level

3

Total

Assets:

Fixed

Income

Securities:

Asset-Backed

Securities

$

–‌

$

558,36

8‌

$

–‌

$

558,36

8‌

Corporate

Bonds

–‌

13,601,807‌

–‌

13,601,807‌

Mortgage-Backed

Securities

–‌

10,573,254‌

–‌

10,573,254‌

Municipal

Bonds

–‌

10,822,860‌

–‌

10,822,860‌

U.S.

Government

Agency

Issues

–‌

5,221,462‌

–‌

5,221,462‌

U.S.

Government

Notes/Bonds

–‌

12,015,303‌

–‌

12,015,303‌

U.S.

Treasury

Bill

–‌

279,851‌

–‌

279,851‌

Total

Fixed

Income

Securities

–‌

53,072,905‌

–‌

53,072,905‌

Exchange-Traded

Funds

1,788,383‌

–‌

–‌

1,788,383‌

Money

Market

Funds

76,137‌

–‌

–‌

76,137‌

Total

Investments

in

Securities

$

1,864,520‌

$

53,072,905‌

$

–‌

$

54,937,425‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Level

1

Level

2

Level

3

Total

Assets:

Fixed

Income

Securities:

Municipal

Bonds

$

–‌

$

68,499,622‌

$

–‌

$

68,499,622‌

Total

Fixed

Income

Securities

–‌

68,499,622‌

–‌

68,499,622‌

Money

Market

Funds

4,929‌

–‌

–‌

4,929‌

Total

Investments

in

Securities

$

4,929‌

$

68,499,622‌

$

–‌

$

68,504,551‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Level

1

Level

2

Level

3

Total

Assets:

Fixed

Income

Securities:

Municipal

Bonds

$

–‌

$

33,001,78

5‌

$

–‌

$

33,001,78

5‌

Total

Fixed

Income

Securities

–‌

33,001,78

5‌

–‌

33,001,78

5‌

Money

Market

Funds

256,822‌

–‌

–‌

256,822‌

Total

Investments

in

Securities

$

256,822‌

$

33,001,78

5‌

$

–‌

$

33,258,607‌

(1)

See

the

Schedule

of

Investments

for

industry

classifications.

65

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

(b)

Federal

Income

Taxes

The

Funds

comply

with

the

requirements

of

Subchapter

M

of

the

Internal

Revenue

Code

of

1986,

as

amended

the

(“Code”),

necessary

to

qualify

as

regulated

investment

companies

and

make

the

requisite

distributions

of

income

and

capital

gains

to

their

shareholders

sufficient

to

relieve

them

from

all

or

substantially

all

federal

income

taxes.

Therefore,

no

federal

income

tax

provision

has

been

provided.

(c)

Distributions

to

Shareholders

The

Funds

will

distribute

net

investment

income

and

net

capital

gains

at

least

annually.

Distributions

from

net

realized

gains

for

book

purposes

may

include

short-term

capital

gains.

All

short-term

capital

gains

are

included

in

ordinary

income

for

tax

purposes.

Distributions

to

shareholders

are

recorded

on

the

ex-dividend

date.

The

Funds

may

also

pay

a

special

distribution

at

the

end

of

the

calendar

year

to

comply

with

federal

tax

requirements.

The

amounts

of

dividends

from

net

investment

income

and

distributions

from

net

realized

gains

are

determined

in

accordance

with

federal

income

tax

regulations,

which

may

differ

from

GAAP.

These

differences

are

either

temporary

or

permanent

in

nature.

To

the

extent

these

differences

are

permanent

in

nature,

such

amounts

are

reclassified

within

the

composition

of

net

assets

based

on

their

federal

tax-basis

treatment.

(d)

Use

of

Estimates

The

preparation

of

financial

statements

in

conformity

with

GAAP

requires

management

to

make

estimates

and

assumptions

that

affect

the

reported

amounts

of

assets

and

liabilities

and

disclosure

of

contingent

assets

and

liabilities

at

the

date

of

the

financial

statements

and

the

reported

amounts

of

revenues

and

expenses

during

the

reporting

period.

Actual

results

could

differ

from

those

estimates.

(e)

Share

Valuation

The

NAV

per

share

of

each

Fund

is

calculated

by

dividing

the

sum

of

the

value

of

the

securities

held

by

each

Fund,

plus

cash

or

other

assets,

minus

all

liabilities

(including

estimated

accrued

expenses)

by

the

total

number

of

shares

outstanding

for

each

Fund,

rounded

to

the

nearest

cent.

The

Funds’

shares

will

not

be

priced

on

the

days

on

which

the

NYSE

is

closed

for

trading.

The

offering

and

redemption

price

per

share

for

each

Fund

is

equal

to

each

Fund’s

NAV

per

share.

(f)

Expenses

Expenses

associated

with

a

specific

fund

in

the

Trust

are

charged

to

that

fund.

Expenses

are

recognized

on

an

accrual

basis.

Common

expenses

are

typically

allocated

evenly

between

the

series

of

the

Trust,

or

by

other

equitable

means.

(g)

Other

Investment

transactions

are

recorded

on

the

trade

date.

The

Funds

determine

the

gain

or

loss

from

investment

transactions

on

a

high

amortized

cost

basis.

Dividend

income

is

recognized

on

the

ex-dividend

date

and

interest

income

is

recognized

on

an

accrual

basis.

Distributions

received

from

the

Funds’

investments

in

REITs

are

comprised

of

ordinary

income,

capital

gains

and

return

of

capital,

as

applicable.

For

financial

66

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

statement

purposes,

the

Funds

use

estimates

to

characterize

these

distributions

received

as

return

of

capital,

capital

gain

or

ordinary

income.

Such

estimates

are

based

on

historical

information

available

from

each

REIT

and

other

industry

sources.

These

estimates

may

subsequently

be

revised

based

on

information

received

for

the

security

after

the

tax

reporting

periods

are

concluded,

as

the

actual

character

of

these

distributions

is

not

known

until

after

the

fiscal

year

end

of

the

Funds.

Changes

to

estimates

will

be

recorded

in

the

period

they

are

known.

The

distributions

received

from

REIT

securities

that

have

been

classified

as

income

and

capital

gains

are

included

in

dividend

income

and

net

realized

gain

on

investments,

respectively,

on

the

Statement

of

Operations.

The

distributions

received

that

are

classified

as

return

of

capital

reduced

the

cost

of

investments

on

the

Statement

of

Assets

and

Liabilities.

Any

discount

or

premium

is

accreted

or

amortized

using

the

constant

yield

method

until

maturity,

or

where

applicable,

the

first

call

date

of

the

security.

Constant

yield

amortization

takes

into

account

the

income

that

is

produced

on

a

debt

security.

This

accretion/amortization

type

utilizes

the

discount

rate

used

in

computing

the

present

value

of

all

future

principal

and

interest

payments

made

by

a

debt

instrument

and

produces

an

amount

equal

to

the

cost

of

the

debt

instrument.

(3)

Federal

Tax

Matters

The

tax

character

of

distributions

paid

during

the

year

ended November

30,

2021

was

as

follows:

Rockefeller

Climate

Solutions

Fund

Rockefeller

Equity

Allocation

Fund

Rockefeller

Core

Taxable

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Distributions

paid

from:

Ordinary

Income

..........

$

–‌

$

460,606‌

$

1,142,116‌

$

78,676‌

$

84,412‌

Tax-Exempt

Income

.......

–‌

–‌

–‌

1,343,395‌

582,085‌

Long-Term

Capital

Gains

....

–‌

3,098,436‌

–‌

585,178‌

164,373‌

Total

Distributions

Paid

....

$

–‌

$

3,559,042‌

$

1,142,116‌

$

2,007,249‌

$

830,870‌

67

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

As

of November

30,

2021,

the

components

of

accumulated

earnings

(losses)

for

income

tax

purposes

were

as

follows:

The

difference

between

cost

amounts

for

financial

statement

and

federal

income

tax

purposes

is

due

to

passive

foreign

investment

company

adjustments

and

timing

differences

in

recognizing

certain

gains

and

losses

in

security

transactions,

including

differences

in

the

cost

basis

as

a

result

of

the

transfer-in-kind

for

the

Climate

Solutions

Fund.

During

the 2021

fiscal

year,

the

Rockefeller

Core

Taxable

Bond

Fund

utilized

$114,498

of

long-term

capital

loss

carryover.

The

Rockefeller

Climate

Solutions

Fund

had

late-year

ordinary

loss

of

$168,654

as

of

November

30,

2021,

which

the

Fund

has

elected

to

defer

to

the

first

day

of

its

next

tax

year.

Also,

the

Funds

recognized

no

interest

and

penalties

related

to

uncertain

tax

benefits

in

the

fiscal

year

2021.

As

of

November

30,

2021,

the

tax

year 2021

remains

open

to

examination

for

Rockefeller

Climate

Solutions

Fund

and

the

tax

years

2018,

2019, 2020

and 2021

remain

open

to

examination

for

the

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund.

The

Funds

are

also

not

aware

of

any

tax

positions

for

which

it

is

reasonably

possible

that

the

total

amounts

of

unrecognized

tax

benefits

will

significantly

change

in

the

next

year.

The

Funds

recognize

interest

and

penalties,

if

any,

related

to

unrecognized

tax

benefits

as

income

tax

expense

in

the

Statement

of

Operations.

During

the

fiscal

year,

the

Funds

did

not

incur

any

interest

or

penalties,

nor

were

any

accrued

as

of

November

30,

2021.

GAAP

requires

that

certain

components

of

net

assets

relating

to

permanent

differences

be

reclassified

between

financial

and

tax

reporting.

These

reclassifications

have

no

Rockefeller

Climate

Solutions

Fund

Rockefeller

Equity

Allocation

Fund

Rockefeller

Core

Taxable

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Cost

basis

of

investments

for

federal

income

tax

purposes

$

88,733,001‌

$

54,036,168‌

$

65,104,674‌

$

80,462,482‌

$

38,976,414‌

Gross

tax

unrealized

appreciation

31,369,639‌

22,506,624‌

262,890‌

3,700,647‌

1,641,138‌

Gross

tax

unrealized

depreciation

(5,949,715‌)

(3,361,295‌)

(630,270‌)

(37,626‌)

(38,611‌)

Net

tax

unrealized

appreciation

25,419,924‌

19,145,329‌

1,996,620‌

3,663,021‌

1,602,527‌

Undistributed

ordinary

income

–‌

2,068,233‌

200,816‌

20,235‌

–‌

Undistributed

tax-exempt

ordinary

income

–‌

–‌

–‌

225,124‌

103,228‌

Undistributed

long-term

gains

502,577‌

8,818,883‌

1,108,207‌

1,577,207‌

627,905‌

Total

accumulated

gains

502,577‌

10,887,116‌

1,309,023‌

1,852,566‌

731,133‌

Total

other

accumulated

loss

(168,654‌)

–‌

–‌

–‌

–‌

Total

distributable

earnings

$

25,753,847‌

$

30,032,445‌

$

3,305,643‌

$

5,515,587‌

$

2,333,660‌

68

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

effect

on

net

assets

or

NAV

per

share.

For

the

fiscal year

ended

November

30,

2021,

the

following

reclassifications

were

made

for

permanent

tax

differences

on

the

Statement

of

Assets

and

Liabilities.

As

of November

30,

2021,

the

components

of

accumulated

earnings

(losses)

for

income

tax

purposes

were

as

follows:

(4)

Investment

Adviser

The

Trust

has

an

Investment

Advisory

Agreement

(the

“Agreement”)

with

the

Adviser

to

furnish

investment

advisory

services

to

the

Funds.

Under

the

terms

of

the

Agreement,

the

Funds

compensate

the

Adviser

for

its

management

services

at

the

annual

rates

of

0.85%,

0.85%,

0.35%,

0.35%

and

0.35%

of

the

average

daily

net

assets

of

the

Rockefeller

Climate

Solutions

Fund,

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund,

respectively.

The

Adviser

has

contractually

agreed

to

waive

its

management

fee

and/or

reimburse

each

Fund’s

other

expenses

through

the

expiration

date

listed

below

to

the

extent

necessary

to

ensure

that

each

Fund’s

total

annual

operating

expenses

do

not

exceed

each

Fund’s

Expense

Limitation

Cap,

listed

below,

of

the

Fund’s

average

daily

net

assets.

Any

such

waiver

or

reimbursement

is

subject

to

later

adjustment

to

allow

the

Adviser

to

recover

amounts

waived

or

reimbursed

to

the

extent

actual

fees

and

expenses

for

a

fiscal

period

do

not

exceed

the

lesser

of:

(1)

the

Expense

Limitation

Cap

in

place

at

the

time

of

the

waiver

and/or

reimbursement;

or

(2)

the

Expense

Limitation

Cap

in

place

at

the

time

of

recovery;

provided,

however,

that

the

Adviser

shall

only

be

entitled

to

recover

such

amounts

for

a

period

of

up

to

three

years

from

the

date

such

amount

was

waived

or

reimbursed.

For

the

period

ended

May

31,

2022,

the

Rockefeller

Climate

Solutions

Fund

and

the

Rockefeller

Equity

Allocation

Fund waived

$101,555

and

$28,914

in

expenses

respectively, which

are

eligible

for

recoupment

through

May

31,

2025. 

For

the

period

ended

November

30,

2021

the

Rockefeller

Climate

Solutions Fund

waived

$100,316

in

expenses

which

are

eligible

for

recoupment

through

November

30,

2024.

Rockefeller

Climate

Solutions

Fund

Rockefeller

Equity

Allocation

Fund

Rockefeller

Core

Taxable

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Total

Distributable

Earnings/(Losses)

$

25,607,564‌

$

–‌

$

–‌

$

–‌

$

–‌

Paid-In

Capital

(25,607,564‌)

–‌

–‌

–‌

–‌

Expense

Limitation

Cap

Expiration

Date

Rockefeller

Climate

Solutions

Fund

.................

0.99%

July

20,

2023

Rockefeller

Equity

Allocation

Fund

..................

1.25%

March

30,

2024

Rockefeller

Core

Taxable

Bond

Fund

................

0.85%

March

30,

2024

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

0.85%

March

30,

2024

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

0.85%

March

30,

2024

69

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

(5)

Related

Party

Transactions

U.S.

Bancorp

Fund

Services,

LLC,

doing

business

as

U.S.

Bank

Global

Fund

Services

(“Fund

Services”

or

the

“Administrator”),

acts

as

the

Funds’

Administrator

under

an

Administration

Agreement.

The

Administrator

prepares

various

federal

and

state

regulatory

filings,

reports

and

returns

for

the

Funds;

prepares

reports

and

materials

to

be

supplied

to

the

Trustees;

monitors

the

activities

of

the

Funds’

custodian,

transfer

agent

and

accountants;

coordinates

the

preparation

and

payment

of

the

Funds’

expenses;

and

reviews

the

Funds’

expense

accruals.

Fund

Services

also

serves

as

the

fund

accountant

and

transfer

agent

to

the

Funds.

U.S.

Bank

National

Association

(“US

Bank”),

an

affiliate

of

Fund

Services,

serves

as

each

Fund’s

custodian.

The

Trust’s

Chief

Compliance

Officer

is

also

an

employee

of

Fund

Services.

Fees

and

expenses

incurred

for

the

periods

ended

May

31,

2022,

and

owed

as

of

May

31,

2022,

were

as

follows:

The

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Tax

Exempt

National

Bond

Fund

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

each

have

a

line

of

credit

with

US

Bank

(see

Note

9).

Certain

officers

of

the

Funds

are

also

employees

of

Fund

Services.

A

Trustee

of

the

Trust

is

affiliated

with

Fund

Services

and

US

Bank. 

Administration

and

Accounting

Incurred

Owed

Rockefeller

Climate

Solutions

Fund

$

76,815‌

$

17,971‌

Rockefeller

Equity

Allocation

Fund

$

56,722‌

$

23,251‌

Rockefeller

Core

Taxable

Bond

Fund

$

49,042‌

$

14,971‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

$

61,460‌

$

21,194‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

32,916‌

$

10,431‌

Pricing

Incurred

Owed

Rockefeller

Climate

Solutions

Fund

$

4,294‌

$

649‌

Rockefeller

Equity

Allocation

Fund

$

7,668‌

$

3,062‌

Rockefeller

Core

Taxable

Bond

Fund

$

4,413‌

$

1,556‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

$

6,043‌

$

2,424‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

4,245‌

$

1,506‌

Transfer

Agency

Incurred

Owed

Rockefeller

Climate

Solutions

Fund

$

18,607‌

$

6,132‌

Rockefeller

Equity

Allocation

Fund

$

9,013‌

$

2,839‌

Rockefeller

Core

Taxable

Bond

Fund

$

8,884‌

$

2,720‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

$

9,351‌

$

3,116‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

8,222‌

$

2,651‌

Custody

Incurred

Owed

Rockefeller

Climate

Solutions

Fund

$

12,235‌

$

5,228‌

Rockefeller

Equity

Allocation

Fund

$

19,532‌

$

4,458‌

Rockefeller

Core

Taxable

Bond

Fund

$

2,743‌

$

861‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

$

2,242‌

$

847‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

2,002‌

$

659‌

Chief

Compliance

Officer

Incurred

Owed

Rockefeller

Climate

Solutions

Fund

$

5,460‌

$

1,795‌

Rockefeller

Equity

Allocation

Fund

$

5,460‌

$

1,789‌

Rockefeller

Core

Taxable

Bond

Fund

$

5,460‌

$

1,800‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

$

5,460‌

$

1,787‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

5,460‌

$

1,787‌

70

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

(6)

Distribution

Plan

The

Trust

has

adopted

a

Distribution

Plan

pursuant

to

Rule

12b-1

under

the

1940

Act

(the

“12b-1

Plan”),

on

behalf

of

the

Class

A

shares

of

the

Rockefeller

Climate

Solutions

Fund,

which

authorizes

the

Trust

to

pay

Quasar

Distributors,

LLC

(the

“Distributor”),

the

Funds’

principal

distributor,

a

distribution

fee

of

0.25%

of

the

Fund’s

average

daily

net

assets.

During

the

period

ended

May

31,

2022,

the Rockefeller

Climate

Solutions

Fund

Class

A

shares

incurred

fees

pursuant

to

the

12b-1

Plan

of

$1,485.

(7)

Capital

Share

Transactions

Transactions

in

the

shares

of

the

Funds

were

as

follows:

Rockefeller

Climate

Solutions

Fund

Class

A

Period

Ended

May

31,

2022

Period

Ended

November

30,

2021

Shares

Sold

...........................................

76,308

88,305

Shares

issued

from

transfer-in-kind

–

1,000

Shares

Reinvested

..................................

366

–

Shares

Redeemed

...................................

(10,268)

(1,000)

Net

Increase

...........................................

66,406

88,305

Institutional

Class

Period

Ended

May

31,

2022

Period

Ended

November

30,

2021

Shares

Sold

...........................................

513,315

2,286,459

Shares

issued

from

transfer-in-kind

–

9,155,236

Shares

Reinvested

..................................

32,467

–

Shares

Redeemed

...................................

(686,383)

(183,226)

Net

(Decrease)/Increase

...........................

(140,601)

11,258,469

Rockefeller

Equity

Allocation

Fund

Period

Ended

May

31,

2022

Year

Ended

November

30,

2021

Shares

Sold

...........................................

194,191

227,462

Shares

Reinvested

..................................

441,663

94,118

Shares

Redeemed

...................................

(2,008,998)

(1,580,330)

Net

Decrease

.........................................

(1,373,144)

(1,258,750)

Rockefeller

Core

Taxable

Bond

Fund

Period

Ended

May

31,

2022

Year

Ended

November

30,

2021

Shares

Sold

...........................................

10,311

285,581

Shares

Reinvested

..................................

101,756

52,388

Shares

Redeemed

...................................

(495,748)

(771,781)

Net

Decrease

.........................................

(383,681)

(433,812)

71

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

(8)

Investment

Transactions

The

aggregate

securities

transactions,

excluding

short-term

investments

and

amounts

transferred

in-kind

noted

below,

for

the

Funds

for

the

period ended

May

31,

2022

are

listed

below.

(9)

Line

of

Credit

As

of

May

31,

2022,

the

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund,

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

each

had

a

line

of

credit

in

the

amount

of

$10,000,000,

$8,000,000,

$8,500,000,

and

$4,000,000,

respectively,

which

all

mature

on

August

6,

2022.

These

secured

lines

of

credit

are

intended

to

provide

short-term

financing,

if

necessary,

and

subject

to

certain

restrictions,

in

connection

with

shareholder

redemptions.

The

credit

facility

is

with

the

Funds’

custodian,

US

Bank.

Interest

was

accrued

at

the

prime

rate

of

3.25%.

The

following

table

summarizes

the

line

of

credit

activity

for

the

Rockefeller

Equity

Allocation

Fund

during

the period

ended

May

31,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

Period

Ended

May

31,

2022

Year

Ended

November

30,

2021

Shares

Sold

...........................................

511,332

615,563

Shares

Reinvested

..................................

103,654

60,389

Shares

Redeemed

...................................

(1,367,403)

(2,449,334)

Net

Decrease

.........................................

(752,417)

(1,773,382)

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

Period

Ended

May

31,

2022

Year

Ended

November

30,

2021

Shares

Sold

...........................................

1,357

241,275

Shares

Reinvested

..................................

43,856

34,539

Shares

Redeemed

...................................

(417,527)

(1,021,459)

Net

Decrease

.........................................

(372,314)

(745,645)

Purchases

Sales

U.S.

Government

Securities

Purchases

U.S.

Government

Securities

Sales

Rockefeller

Climate

Solutions

Fund

..................

$

10,006,896‌

$

8,791,449‌

$

–‌

$

–‌

Rockefeller

Equity

Allocation

Fund

..................

$

11,911,588‌

$

37,031,731‌

$

–‌

$

–‌

Rockefeller

Core

Taxable

Bond

Fund

..................

$

8,310,887‌

$

12,330,819‌

$

1,742,529‌

$

2,661,575‌

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

.

$

4,992,949‌

$

12,399,634‌

$

–‌

$

–‌

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

$

364,403‌

$

3,934,558‌

$

–‌

$

–‌

72

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

2022.

The

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

and

Rockefeller Intermediate

Tax

Exempt

New

York

Bond

Fund did

not

utilize

their

lines

of

credit

during

the period

ended

May

31,

2022.

The

Funds

did

not

have

any

loans

outstanding

as

of

May

31,

2022.

(10)

Recent

Market

Events

U.S.

and

international

markets

have

experienced

significant

periods

of

volatility

in

recent

years

and

months

due

to

a

number

of

economic,

political

and

global

macro

factors

including

the

impact

of

COVID-19

as

a

global

pandemic

and

related

public

health

crisis,

growth

concerns

in

the

U.S.

and

overseas,

uncertainties

regarding

interest

rates,

rising

inflation,

trade

tensions,

and

the

threat

of

tariffs

imposed

by

the

U.S.

and

other

countries.

In

particular,

the

global

spread

of

COVID-19

has

resulted

in

disruptions

to

business

operations

and

supply

chains,

stress

on

the

global

healthcare

system,

growth

concerns

in

the

U.S.

and

overseas,

staffing

shortages

and

the

inability

to

meet

consumer

demand,

and

widespread

concern

and

uncertainty.

The

global

recovery

from

COVID-19

is

proceeding

at

slower

than

expected

rates

due

to

the

emergence

of

variant

strains

and

may

last

for

an

extended

period

of

time.

Health

crises

and

related

political,

social

and

economic

disruptions

caused

by

the

spread

of

COVID-19

may

also

exacerbate

other

pre-

existing

political,

social

and

economic

risks

in

certain

countries.

As

a

result

of

continuing

political

tensions

and

armed

conflicts,

including

the

war

between

Ukraine

and

Russia,

the

U.S.

and

the

European

Union

imposed

sanctions

on

certain

Russian

individuals

and

companies,

including

certain

financial

institutions,

and

have

limited

certain

exports

and

imports

to

and

from

Russia.

The

war

has

contributed

to

recent

market

volatility

and

may

continue

to

do

so.

These

developments,

as

well

as

other

events,

could

result

in

further

market

volatility

and

negatively

affect

financial

asset

prices,

the

liquidity

of

certain

securities

and

the

normal

operations

of

securities

exchanges

and

other

markets,

despite

government

efforts

to

address

market

disruptions.

Continuing

market

volatility

as

a

result

of

recent

market

conditions

or

other

events

may

have

adverse

effects

on

your

account.

(11)

LIBOR

The

London

Interbank

Offered

Rate

(“LIBOR”)

is

an

interest-rate

average

calculated

from

estimates

submitted

by

the

leading

banks

in

London.

LIBOR

represents

the

rate

which

banks

may

obtain

short-term

borrowings

from

each

other.

Most

maturities

and

currencies

of

LIBOR

were

phased

out

at

the

end

of

2021,

with

the

remaining

ones

to

be

phased

out

on

June

30,

2023.

There

remains

uncertainty

regarding

the

nature

of

any

replacement

rate

and

the

impact

of

the

transition

from

LIBOR

on

the

Funds

and

the

financial

markets

generally.

The

Secured

Overnight

Funding

Rate

(“SOFR”)

has

been

selected

by

a

committee

established

by

the

Board

of

Governors

of

the

Federal

Reserve

System

and

the

Federal

Reserve

Bank

of

New

York

to

replace

LIBOR

as

a

reference

rate

in

the

United

States.

Other

countries

have

undertaken

similar

initiatives

to

identify

replacement

reference

rates

in

their

respective

markets.

The

transition

process,

Days

Utilized

Average

Amount

of

Borrowing

Interest

Expense

Maximum

Amount

of

Borrowing

Date

of

Maximum

Borrowing

Rockefeller

Equity

Allocation

Fund

......

25

$

1,771,400‌

$

4,026‌

$7,378,000

12/30/2021

73

Rockefeller

Funds

Notes

to

Financial

Statements

(Continued)

May

31,

2022

(Unaudited)

or

the

failure

of

an

industry

to

transition,

could

lead

to

increased

volatility

and

illiquidity

in

markets

for

instruments

that

currently

rely

on

LIBOR

to

determine

interest

rates,

a

reduction

in

the

values

of

some

LIBOR-based

investments,

all

of

which

could

impact

the

Funds.

(12)

Subsequent

Events

The

Funds

have

evaluated

events

and

transactions

that

have

occurred

subsequent

to May

31,

2022

and

determined

there

were

no

subsequent

events

that

would

require

recognition

or

disclosure

within

the

financial

statements

other

than

as

described

below.

On

June

28,

2022,

the

Funds

declared

and

paid

distributions

from

ordinary

income

to

shareholders

of

record

as

of

June

27,

2022,

as

follows:

On

July

21,

2022,

the

Board

of

Trustees

approved

a

Plan

of

Liquidation

to

close

and

liquidate

the

Rockefeller

Equity

Allocation

Fund,

Rockefeller

Core

Taxable

Bond

Fund,

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

and

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

on

or

about

August

26,

2022.

Ordinary

Income

Rockefeller

Equity

Allocation

Fund

...............................................

$257,819

Rockefeller

Core

Taxable

Bond

Fund

............................................

$241,996

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

...................

$245,768

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

..................

$121,191

74

Rockefeller

Funds

Statement

Regarding

Liquidity

Risk

Management

May

31,

2022

(Unaudited)

In

accordance

with

Rule

22e-4

under

the

Investment

Company

Act

of

1940,

as

amended,

Trust

for

Professional

Managers

(the

“Trust”)

has

adopted

and

implemented

a

liquidity

risk

management

program

(the

“Trust

Program”).

As

required

under

the

Trust

Program,

Rockefeller

&

Co.

LLC

(“Rockefeller”),

the

investment

adviser

to

the

Funds,

each

a

series

of

the

Trust,

have

adopted

and

implemented

a

liquidity

risk

management

program

tailored

specifically

to

each

Fund

(the

“Adviser

Program”).

The

Adviser

Program

seeks

to

promote

effective

liquidity

risk

management

for

each

Fund

and

to

protect

Fund

shareholders

from

dilution

of

their

interests.

The

Board

of

Trustees

(the

“Board”)

of

the

Trust

has

approved

Rockefeller

as

the

administrator

for

the

Adviser

Program

(the

“Program

Administrator”).

The

Program

Administrator

has

further

delegated

administration

of

the

Adviser

Program

to

its

Portfolio

Analytics

Group.

The

Program

Administrator

is

required

to

provide

a

written

annual

report

to

the

Board

and

the

Trust’s

Chief

Compliance

Officer

regarding

the

adequacy

and

effectiveness

of

the

Adviser

Program,

including

the

operation

of

each

Fund’s

highly

liquid

investment

minimum,

and

any

material

changes

to

the

Adviser

Program.

On

April

13,

2022,

the

Board

reviewed

the

Program

Administrator’s

written

annual

report

for

the

period

January

1,

2021

through

December

31,

2021

(the

“Report”).

The

Report

provided

an

assessment

of

each

Fund’s

liquidity

risk:

the

risk

that

a

Fund

could

not

meet

requests

to

redeem

shares

issued

by

a

Fund

without

significant

dilution

of

the

remaining

investors’

interests

in

the

Fund.

The

Adviser

Program

assesses

liquidity

risk

under

both

normal

and

reasonably

foreseeable

stressed

market

conditions.

The

Program

Administrator

has

retained

ICE

Data

Services,

Inc.,

a

third

party

vendor,

to

provide

portfolio

investment

classification

services,

and

the

Report

noted

that

the

Funds

primarily

held

investments

that

were

classified

as

highly

liquid

during

the

review

period.

The

Report

noted

that

the

Funds’

portfolios

are

expected

to

continue

to

primarily

hold

highly

liquid

investments

and

the

determination

that

each

Fund

be

designated

as

a

“primarily

highly

liquid

fund”

(as

defined

in

Rule

22e-4)

remains

appropriate

and

the

Funds

can

therefore

continue

to

rely

on

the

exclusion

in

Rule

22e-4

from

the

requirements

to

determine

and

review

a

highly

liquid

investment

minimum

for

a

Fund

and

to

adopt

policies

and

procedures

for

responding

to

a

highly

liquid

investment

minimum

shortfall.

The

Report

noted

that

there

were

no

breaches

of

a

Fund’s

restriction

on

holding

illiquid

investments

exceeding

15%

of

its

net

assets

during

the

review

period.

The

Report

confirmed

that

each

Fund’s

investment

strategy

was

appropriate

for

an

open-end

management

investment

company.

The

Report

also

indicated

that

no

material

changes

had

been

made

to

the

Adviser

Program

during

the

review

period.

The

Program

Administrator

determined

that

the

Funds

are

reasonably

likely

to

be

able

to

meet

redemption

requests

without

adversely

affecting

non-redeeming

Fund

shareholders

through

significant

dilution.

The

Program

Administrator

concluded

that

the

Adviser

Program

was

adequately

designed

and

effectively

implemented

during

the

review

period.

75

Rockefeller

Funds

Additional

Information

(Unaudited)

Tax

Information

For

the

year

ended

November

30,

2021,

certain

dividends

paid

by

the

Funds

may

be

subject

to

a

maximum

tax

rate

of

23.8%,

as

provided

for

by

the

Jobs

and

Growth

Tax

Relief

Reconciliation

Act

of

2003.

The

percentage

of

dividends

declared

from

ordinary

income

designated

as

qualified

dividend

income

was

as

follows:

For

corporate

shareholders,

the

percent

of

ordinary

income

distributions

qualifying

for

the

corporate

dividends

received

deduction

for

the

fiscal

year

ended

November

30,

2021,

was

as

follows:

For

the

year

ended

November

30,

2021,

the

percentage

of

taxable

ordinary

income

distributions

designated

as

short-term

capital

gain

distributions

under

Section

871(k)(2)(c)

of

the

Code

for

the

Funds

was

as

follows:

Foreign

Tax

Credit

Pass

Through

Pursuant

to

Section

853

of

the

Code,

the

Rockefeller

Equity

Allocation

Fund

designated

the

following

amounts

as

foreign

taxes

paid

for

the

year

ended

November

30,

2021.

Foreign

taxes

paid

for

purposes

of

Section

853

may

be

less

than

actual

foreign

taxes

paid

for

financial

statement

purposes.

Foreign

taxes

paid

or

withheld

should

be

included

in

taxable

income

with

an

offsetting

deduction

from

gross

income

or

as

a

credit

for

taxes

paid

to

foreign

governments.

Above

figures

may

differ

from

those

cited

elsewhere

in

this

report

due

to

differences

in

the

calculation

of

income

and

gains

for

GAAP

purposes

and

Internal

Revenue

Service

purposes.

Shareholders

are

strongly

advised

to

consult

their

own

tax

advisers

with

respect

to

the

tax

consequences

of

their

investments

in

the

Funds.

Rockefeller

Climate

Solutions

Fund

0.00%

Rockefeller

Equity

Allocation

Fund

56.79%

Rockefeller

Core

Taxable

Bond

Fund

0.00%

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

0.00%

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

0.00%

Rockefeller

Climate

Solutions

Fund

0.00%

Rockefeller

Equity

Allocation

Fund

14.14%

Rockefeller

Core

Taxable

Bond

Fund

0.00%

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

0.00%

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

0.00%

Rockefeller

Climate

Solutions

Fund

0.00%

Rockefeller

Equity

Allocation

Fund

0.00%

Rockefeller

Core

Taxable

Bond

Fund

0.00%

Rockefeller

Intermediate

Tax

Exempt

National

Bond

Fund

98.97%

Rockefeller

Intermediate

Tax

Exempt

New

York

Bond

Fund

99.96%

Creditable

Foreign

Tax

Credit

Paid

Per

Share

Amount

Distribution

Derived

From

Foreign

Sourced

Income

Rockefeller

Equity

Allocation

Fund

106,573

0.02026729

74.73%

76

Rockefeller

Funds

Additional

Information

(Continued)

(Unaudited)

Indemnifications

Under

the

Trust’s

organizational

documents,

its

officers

and

Trustees

are

indemnified

against

certain

liabilities

arising

out

of

the

performance

of

their

duties

to

the

Funds.

In

addition,

in

the

normal

course

of

business,

the

Funds

enter

into

contracts

that

provide

general

indemnifications

to

other

parties.

The

Funds’

maximum

exposure

under

these

arrangements

is

unknown

as

this

would

involve

future

claims

that

may

be

made

against

the

Funds

that

have

not

yet

occurred.

However,

the

Funds

have

not

had

prior

claims

or

losses

pursuant

to

these

contracts

and

expect

the

risk

of

loss

to

be

remote.

Information

about

Trustees

The

business

and

affairs

of

the

Trust

are

managed

under

the

direction

of

the

Board

of

Trustees.

Information

pertaining

to

the

Trustees

of

the

Trust

is

set

forth

below.

The

Statement

of

Additional

Information

includes

additional

information

about

the

Trustees

and

is

available,

without

charge,

upon

request

by

calling

855-369-6209.

Name

Address

and

Year

of

Birth

Position(s)

Held

with

the

Trust 

Term

of

Office

and

Length

of

Time

Serve

d 

Number

of

Portfolios

in

Trust

Overseen

by

Trustee

Principal

Occupation(s)

During

the

Past

Five

Years 

Other

Directorships

Held

by

Trustee

During

the

Past

Five

Years

Independent

Trustees

Michael

D.

Akers,

Ph.D.

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1955

Trustee

Indefinite

Term;

Since

August

22,

2001

26

Professor

Emeritus

Department

of

Accounting

(June

2019-present),

Professor

Department

of

Accounting

(2004-

2019),

Chair,

Department

of

Accounting

(2004-

2017),

Marquette

University. 

Independent

Trustee,

USA

MUTUALS

(an

open-end

investment

company)

(2001-2021). 

Gary

A.

Drska

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1956

Trustee 

Indefinite

Term;

Since

August

22,

2001 

26 

Retired;

Former

Pilot,

Frontier/

Midwest

Airlines,

Inc.

(airline

company)

(1986-2021). 

Independent

Trustee,

USA

MUTUALS

(an

open-end

investment

company)

(2001-2021).

77

Rockefeller

Funds

Additional

Information

(Continued)

(Unaudited)

Name

Address

and

Year

of

Birth

Position(s)

Held

with

the

Trust 

Term

of

Office

and

Length

of

Time

Serve

Number

of

Portfolios

in

Trust

Overseen

by

Trustee

Principal

Occupation(s)

During

the

Past

Five

Years 

Other

Directorships

Held

by

Trustee

During

the

Past

Five

Years

Vincent

P.

Lyles

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1961

Trustee 

Indefinite

Term;

Since

April

6,

2022 

26 

System

Vice

President

of

Community

Relations,

Advocate

Aurora

Health

Care

(health

care

provider)

(2019-present);

President

and

Chief

Executive

Officer,

Boys

&

Girls

Club

of

Greater

Milwaukee

(2012-2018).

Independent

Director,

BMO

Funds,

Inc.

(an

open-end

investment

company)

(2017-2022). 

Erik

K.

Olstein

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1967

Trustee 

Indefinite

Term;

Since

April

6,

2022 

26 

Retired;

President

and

Chief

Operating

Officer

(2000-2020),

Vice

President

of

Sales

and

Chief

Operating

Officer

(1995-2000),

Olstein

Capital

Management,

L.P.

(asset

management

firm);

Secretary

and

Assistant

Treasurer,

The

Olstein

Funds

(1995-2018). 

Trustee,

The

Olstein

Funds

(an

open-end

investment

company)

(1995-2018). 

78

Rockefeller

Funds

Additional

Information

(Continued)

(Unaudited)

Name

Address

and

Year

of

Birth

Position(s)

Held

with

the

Trust 

Term

of

Office

and

Length

of

Time

Serve

Number

of

Portfolios

in

Trust

Overseen

by

Trustee

Principal

Occupation(s)

During

the

Past

Five

Years 

Other

Directorships

Held

by

Trustee

During

the

Past

Five

Years

Lisa

Zúñiga

Ramírez

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1969

Trustee 

Indefinite

Term;

Since

April

6,

2022 

26 

Retired;

Principal

and

Senior

Portfolio

Manager,

Segall

,

Bryan

&

Hamill,

LLC

(asset

management

firm)

(2018-2020);

Partner

and

Senior

Portfolio

Manager,

Denver

Investments

LLC

(asset

management

firm)

(2009-2018).

N/A

Gregory

M.

Wesley

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1969

Trustee 

Indefinite

Term;

Since

April

6,

2022 

26 

Senior

Vice

President

of

Strategic

Alliances

and

Business

Development,

Medical

College

of

Wisconsin

(2016-present). 

N/A

Interested

Trustee

and

Officers 

Joseph

C.

Neuberger*

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1962

Chairperson

and

Trustee 

Indefinite

Term;

Since

August

22,

2001 

N/A

President

(2017-present),

Chief

Operating

Officer

(2016-

2020),

Executive

Vice

President,

(1994-2017),

U.S.

Bancorp

Fund

Services,

LLC. 

Trustee,

Buffalo

Funds

(an

open-

end

investment

company)

(2003–

2017);

Trustee,

USA

MUTUALS

(an

open-end

investment

company)

(2001-2018). 

John

P.

Buckel

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1957

President

and

Principal

Executive

Officer 

Indefinite

Term;

Since

January

24,

2013 

N/A 

Vice

President

U.S.

Bancorp

Fund

Services,

LLC

(2004-present).  

N/A

79

Rockefeller

Funds

Additional

Information

(Continued)

(Unaudited)

Name

Address

and

Year

of

Birth

Position(s)

Held

with

the

Trust 

Term

of

Office

and

Length

of

Time

Serve

Number

of

Portfolios

in

Trust

Overseen

by

Trustee

Principal

Occupation(s)

During

the

Past

Five

Years 

Other

Directorships

Held

by

Trustee

During

the

Past

Five

Years

Jennifer

A.

Lima

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1974

Vice

President,

Treasurer

and

Principal

Financial

and

Accounting

Officer 

Indefinite

Term;

Since

January

24,

2013 

N/A 

Vice

President

U.S.

Bancorp

Fund

Services,

LLC

(2002-present).  

N/A 

Deanna

B.

Marotz

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1965

Chief

Compliance

Officer,

Vice

President

and

Anti-

Money

Laundering

Officer 

Indefinite

Term;

Since

October

21,

2021 

N/A 

Senior

Vice

President,

U.S.

Bancorp

Fund

Service,

LLC

(2021-present);

Chief

Compliance

Officer

of

Keeley-

Teton

Advisors,

LLC

and

Teton

Advisors,

Inc.

(2017-2021);

Chief

Compliance

Officer

of

Keeley

Asset

Management

Corp.

(2015-2017). 

N/A 

Jay

S.

Fitton

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1970

Secretary 

Indefinite

Term;

Since

July

22,

2019

N/A 

Assistant

Vice

President,

U.S.

Bancorp

Fund

Services,

LLC

(2019–present);

Partner,

Practus

,

LLP

(2018-2019);

Counsel

Drinker,

Biddle

&

Reath

LLP

(2016-2018).

N/A 

Kelly

A.

Strauss

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1987

Assistant

Treasurer 

Indefinite

Term;

Since

April

23,

2015

N/A 

Assistant

Vice

President,

U.S.

Bancorp

Fund

Services,

LLC

(2011–present). 

N/A 

80

Rockefeller

Funds

Additional

Information

(Continued)

(Unaudited)

*

Mr.

Neuberger

is

deemed

to

be

an

“interested

person”

of

the

Trust

as

defined

by

the

1940

Act

due

to

his

position

and

material

business

relationship

with

the

Trust. 

Name

Address

and

Year

of

Birth

Position(s)

Held

with

the

Trust 

Term

of

Office

and

Length

of

Time

Serve

Number

of

Portfolios

in

Trust

Overseen

by

Trustee

Principal

Occupation(s)

During

the

Past

Five

Years 

Other

Directorships

Held

by

Trustee

During

the

Past

Five

Years

Melissa

Aguinaga

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1987

Assistant

Treasurer 

Indefinite

Term;

Since

July

1,

2015

N/A 

Assistant

Vice

President,

U.S.

Bancorp

Fund

Services,

LLC

(2010–present). 

N/A 

Laura

A.

Caroll

615

E.

Michigan

St.

Milwaukee,

WI

53202

Year

of

Birth:

1985

Assistant

Treasurer 

Indefinite

Term;

Since

August

20,

2018

N/A 

Assistant

Vice

President,

U.S.

Bancorp

Fund

Services,

LLC

(2007–present). 

N/A 

82

!

!

!

A

NOTE

ON

FORWARD

LOOKING

STATEMENTS

(Unaudited)

Except

for

historical

information

contained

in

this

report

for

the

Funds,

the

matters

discussed

in

this

report

may

constitute

forward-looking

statements

made

pursuant

to

the

safe-harbor

provisions

of

the

Private

Securities

Litigation

Reform

Act

of

1995.

These

include

any

adviser

or

portfolio

manager

predictions,

assessments,

analyses

or

outlooks

for

individual

securities,

industries,

market

sectors

and/or

markets.

These

statements

involve

risks

and

uncertainties.

In

addition

to

the

general

risks

described

for

the

Funds

in

the

current

Prospectus,

other

factors

bearing

on

this

report

include

the

accuracy

of

the

Adviser’s

or

portfolio

managers’

forecasts

and

predictions,

and

the

appropriateness

of

the

investment

programs

designed

by

the

Adviser

or

portfolio

managers

to

implement

their

strategies

efficiently

and

effectively.

Any

one

or

more

of

these

factors,

as

well

as

other

risks

affecting

the

securities

markets

and

investment

instruments

generally,

could

cause

the

actual

results

of

the

Funds

to

differ

materially

as

compared

to

benchmarks

associated

with

the

Funds.

ADDITIONAL

INFORMATION

(Unaudited)

The

Funds

have

adopted

proxy

voting

policies

and

procedures

that

delegate

to

the

Adviser

the

authority

to

vote

proxies.

A

description

of

the

Funds’

proxy

voting

policies

and

procedures

is

available

without

charge,

upon

request,

by

calling

the

Funds

toll

free

at

855-369-6209.

A

description

of

these

policies

and

procedures

is

also

included

in

the

Funds’

Statement

of

Additional

Information,

which

is

available

on

the

SEC’s

website

at

http://www.sec.gov

.

The

Funds’

proxy

voting

records

for

the

most

recent

12-month

period

ended

June

30

are

available

without

charge,

either

upon

request

by

calling

the

Funds

toll

free

at

855-369-6209

or

by

accessing

the

SEC’s

website

at

http://www.sec.gov

.

The

Funds

file

their

complete

schedules

of

portfolio

holdings

with

the

SEC

for

the

first

and

third

quarters

of

each

fiscal

year

on

Part

F

of

Form

N-PORT.

Shareholders

may

view

the

Part

F

of

Form

N-PORT

reports,

on

the

SEC’s

website

at

http://www.sec.gov

.

Results

of

Shareholder

Meeting

A

Special

Joint

Meeting

of

Shareholders

(the

“Meeting”)

took

place

on

April

6,

2022.

The

Meeting

was

held

for

all

series

in

the

Trust.

All

Trust

shareholders

of

record,

in

the

aggregate

across

all

series

of

the

Trust,

were

entitled

to

attend

or

submit

proxies.

As

of

the

record

date,

February

7,

2022,

the

Trust

had

534,673,511

shares

outstanding.

The

results

of

the

voting

for

the

proposals

were

as

follows:

Proposal

1:

To

approve

the

election

of

four

Trustees

to

the

Board

of

Trustees

of

the

Trust

to

serve

until

his

or

her

successor

is

elected

and

qualified.

For

Votes

Votes

Withheld

Broker

Non-Vote

Vincent

P.

Lyles

465,453,094

2,962,687

15,025,189

Erik

K.

Olstein

465,703,874

2,711,906

15,025,189

Lisa

Zúñiga

Ramírez

465,728,682

2,662,552

15,025,189

Gregory

M.

Wesley

465,394,219

2,984,741

15,025,189

83

!

!

!

Accordingly,

effective

April

6,

2022,

the

Board

of

Trustees

of

Trust

for

Professional

Managers

consists

of

the

following

individuals,

each

of

whom

have

been

elected

by

shareholders:

Michael

D.

Akers,

Independent

Trustee

Gary

A.

Drska,

Independent

Trustee

Vincent

P.

Lyles,

Independent

Trustee

Erik

K.

Olstein,

Independent

Trustee

Lisa

Zúñiga

Ramírez,

Independent

Trustee

Gregory

M.

Wesley,

Independent

Trustee

Joseph

C.

Neuberger,

Interested

Trustee

Proposal

2:

To

approve

one

or

more

adjournments

of

the

Special

Meeting

to

a

later

date

to

solicit

additional

proxies.

HOUSEHOLDING

(Unaudited)

In

an

effort

to

decrease

costs,

the

Funds

intend

to

reduce

the

number

of

duplicate

prospectuses

and

certain

other

shareholder

documents

you

receive

by

sending

only

one

copy

of

each

to

those

addresses

shared

by

two

or

more

accounts

and

to

shareholders

the

Funds

reasonably

believe

are

from

the

same

family

or

household.

Once

implemented,

if

you

would

like

to

discontinue

householding

for

your

accounts,

please

call

toll-free

at

855-

369-6209

to

request

individual

copies

of

these

documents.

Once

the

Funds

receive

notice

to

stop

householding,

the

Funds

will

begin

sending

individual

copies

30

days

after

receiving

your

request.

This

policy

does

not

apply

to

account

statements.

For

Votes

Votes

Against

Broker

Abstained

476,848,750

2,932,139

3,647,484

84

!

!

!

ROCKEFELLER

FUNDS

Investment

Adviser

Rockefeller

&

Co.

LLC

45

Rockefeller

Plaza,

5th

Floor

New

York,

New

York

10111

Legal

Counsel

Godfrey

&

Kahn,

S.C.

833

East

Michigan

Street

Suite

1800

Milwaukee,

Wisconsin

53202

Independent

Registered

Public

Accounting

Firm

Deloitte

&

Touche

LLP

111

South

Wacker

Drive

Chicago,

Illinois

60606

Transfer

Agent,

Fund

Accountant

and

Fund

Administrator

U.S.

Bancorp

Fund

Services,

LLC

615

East

Michigan

Street

Milwaukee,

Wisconsin

53202

Custodian

U.S.

Bank

National

Association

Custody

Operations

1555

North

River

Center

Drive

Suite

302

Milwaukee,

Wisconsin

53212

Distributor

Quasar

Distributors,

LLC

111

East

Kilbourn

Avenue

Suite

2200

Milwaukee,

Wisconsin

53202

This

report

is

intended

for

shareholders

of

the

Funds

and

may

not

be

used

as

sales

literature

unless

preceded

or

accompanied

by

a

current

prospectus.

(b)

Not applicable.

Item 2. Code of Ethics.

Not applicable for semi-annual reports.

Item 3. Audit Committee Financial Expert.

Not applicable for semi-annual reports.

Item 4. Principal Accountant Fees and Services.

Not applicable for semi-annual reports.

Item 5. Audit Committee of Listed Registrants.

Not applicable to registrants who are not listed issuers (as defined in Rule 10A-3 under the Securities Exchange Act of 1934).

Item 6. Investments.

Schedule of Investments is included as part of the report to shareholders filed under Item 1 of this Form.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable to open-end investment companies.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable to open-end investment companies.

Item 9. Purchases of Equity Securities by Closed‑End Management Investment Company and Affiliated Purchasers.

Not applicable to open-end investment companies.

Item 10. Submission of Matters to a Vote of Security Holders

.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of [directors/trustees].

Item 11. Controls and Procedures.

(a)

The Registrant’s President and Treasurer have reviewed the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as of a date within 90 days of the filing of this report, as required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d‑15(b) under the Securities Exchange Act of 1934.  Based on their review, such officers have concluded that the disclosure controls and procedures are effective in ensuring that information required to be disclosed in this report is appropriately recorded, processed, summarized and reported and made known to them by others within the Registrant and by the Registrant’s service provider.

(b)

There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the last fiscal half-year of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

Not applicable to open-end investment companies.

Item 13. Exhibits.

(a)

(1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy Item 2 requirements through filing an exhibit.  Not Applicable.

(2)

A separate certification for each principal executive and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 

Filed herewith.

(3) Any written solicitation to purchase securities under Rule 23c‑1 under the Act sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons.  Not applicable to open-end investment companies.

(4) Change in the registrant’s independent public accountant.  There was no change in the registrant’s independent public accountant for the period covered by this report.

(b)

Certifications pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.

  Furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)  Trust for Professional Managers                                                              

By (Signature and Title       /s/ John Buckel                                                    

John Buckel, President

Date  8/3/2022                                                                                    

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)* ________/s/ John Buckel______________                                     

John Buckel, President

Date  8/3/2022                                                                                    

By (Signature and Title)*    /s/ Jennifer Lima                                                 

Jennifer Lima, Treasurer

Date  8/3/2022                                                                                    

* Print the name and title of each signing officer under his or her signature.