Boston Common ESG Impact U.S. Equity Fund | ||||||
Schedule of Investments | ||||||
June 30, 2023 (Unaudited) | ||||||
Shares | Value | |||||
COMMON STOCKS - 97.5% | ||||||
Communication Services - 8.5% | ||||||
300 | Alphabet, Inc. - Class A 1 | $ | 35,910 | |||
20,774 | Alphabet, Inc. - Class C 1 | 2,513,031 | ||||
2,600 | Netflix, Inc. 1 | 1,145,274 | ||||
23,445 | Verizon Communications, Inc. | 871,919 | ||||
4,566,134 | ||||||
Consumer Discretionary - 9.8% | ||||||
384 | Booking Holdings, Inc. 1 | 1,036,927 | ||||
4,118 | Darden Restaurants, Inc. | 688,035 | ||||
3,114 | Home Depot, Inc. | 967,333 | ||||
7,765 | Ralph Lauren Corp. | 957,425 | ||||
19,143 | TJX Companies, Inc. | 1,623,135 | ||||
5,272,855 | ||||||
Consumer Staples - 6.9% | ||||||
6,953 | Colgate-Palmolive Company | 535,659 | ||||
2,428 | Costco Wholesale Corp. | 1,307,186 | ||||
4,757 | The Estée Lauder Companies, Inc. - Class A | 934,180 | ||||
12,781 | Mondelez International, Inc. - Class A | 932,246 | ||||
3,709,271 | ||||||
Financials - 7.9% | ||||||
2,314 | Ameriprise Financial, Inc. | 768,618 | ||||
3,471 | Aon PLC - Class A | 1,198,189 | ||||
5,495 | CME Group, Inc. - Class A | 1,018,169 | ||||
8,993 | MetLife, Inc. | 508,374 | ||||
9,099 | Morgan Stanley | 777,055 | ||||
4,270,405 | ||||||
Health Care - 15.4% | ||||||
4,883 | Agilent Technologies, Inc. | 587,181 | ||||
2,463 | Danaher Corp. | 591,120 | ||||
10,789 | Edwards Lifesciences Corp. 1 | 1,017,726 | ||||
878 | Eli Lilly & Company | 411,764 | ||||
3,277 | Hologic, Inc. 1 | 265,339 | ||||
19,017 | Merck & Company, Inc. | 2,194,372 | ||||
3,239 | Novo Nordisk A/S - ADR | 524,167 | ||||
5,585 | Quest Diagnostics, Inc. | 785,028 | ||||
1,310 | Regeneron Pharmaceuticals, Inc. 1 | 941,287 | ||||
2,906 | Vertex Pharmaceuticals, Inc. 1 | 1,022,651 | ||||
8,340,635 | ||||||
Industrials - 8.4% | ||||||
18,648 | Carrier Global Corp. | 926,992 | ||||
3,604 | Cummins, Inc. | 883,557 | ||||
10,942 | Emerson Electric Company | 989,047 | ||||
7,561 | Wabtec Corp. | 829,215 | ||||
7,922 | Xylem, Inc. | 892,176 | ||||
4,520,987 | ||||||
Information Technology - 31.6% | ||||||
3,161 | Adobe, Inc. | 1,545,697 | ||||
3,271 | Analog Devices, Inc. | 637,224 | ||||
22,155 | Apple, Inc. | 4,297,405 | ||||
4,004 | Applied Materials, Inc. | 578,738 | ||||
1,639 | Broadcom, Inc. | 1,421,718 | ||||
4,310 | Enphase Energy, Inc. 1 | 721,839 | ||||
2,722 | Intuit, Inc. | 1,247,193 | ||||
12,899 | Microsoft Corp. | 4,392,625 | ||||
9,212 | Visa, Inc. - Class A | 2,187,666 | ||||
17,030,105 | ||||||
Materials - 3.2% | ||||||
15,872 | Ball Corp. | 923,909 | ||||
4,345 | Ecolab, Inc. | 811,168 | ||||
1,735,077 | ||||||
Real Estate - 2.6% | ||||||
29,575 | Kimco Realty Corp. - REIT | 583,219 | ||||
23,888 | Weyerhaeuser Company - REIT | 800,487 | ||||
1,383,706 | ||||||
Utilities - 3.2% | ||||||
6,087 | American Water Works Company, Inc. | 868,919 | ||||
9,612 | Consolidated Edison, Inc. | 868,925 | ||||
1,737,844 | ||||||
TOTAL COMMON STOCKS (Cost $31,885,964) | 52,567,019 | |||||
SHORT-TERM INVESTMENTS - 2.2% | ||||||
Money Market Funds - 2.2% | ||||||
1,210,887 | First American Treasury Obligations Fund - Class X, 5.035% 2 | 1,210,887 | ||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,210,887) | 1,210,887 | |||||
TOTAL INVESTMENTS - 99.7% (Cost $33,096,851) | 53,777,906 | |||||
Other Assets in Excess of Liabilities - 0.3% | 172,064 | |||||
NET ASSETS - 100.0% | $ | 53,949,970 |
ADR | American Depositary Receipt | ||
REIT | Real Estate Investment Trust | ||
1 | Non-income producing security. | ||
2 | Annualized seven-day effective yield as of June 30, 2023. | ||
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor 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. |
Boston Common ESG Impact U.S. Equity Fund | ||||
Summary of Fair Value Exposure at June 30, 2023 (Unaudited) | ||||
The Boston Common ESG Impact U.S. Equity Fund (the “Fund”) utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: | ||||
• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. • Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data. • Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | ||||
The following is a summary of the inputs used to value the Fund’s investments as of June 30, 2023. See Schedule of Investments for sector breakouts: |
Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 52,567,019 | $ | - | $ | - | $ | 52,567,019 | |||||||
Short-Term Investments | �� | 1,210,887 | - | - | 1,210,887 | ||||||||||
Total Investments in Securities | $ | 53,777,906 | $ | - | $ | - | $ | 53,777,906 |