CC&L High Yield Bond Fund

Quarterly Portfolio Disclosures

As of March 31, 2026

Summary of
Investment Portfolio

% of Net
Asset Value
Automotive
5.72
Banking
9.79
Basic Industry
4.79
Capital Goods
2.62
Communications
1.29
Consumer Goods
1.58
Energy
15.43
Healthcare
2.03
Leisure
4.73
Media
7.68
Real Estate
7.92
Retail
5.41
Services
0.98
Technology & Electronics
1.33
Telecommunications
10.56
Transportation
2.23
Utility
15.91

Top 25 Holdings

% of Net
Asset Value
Avolon Holdings Fndg Ltd 5.75% 2029.11.15
2.39
Cogeco Communications 6.13% 2029.02.27
2.02
Albertsons Cos/Safeway 3.50% 2029.03.15
1.86
Us Treasury N/B 4.25% 2035.05.15
1.54
SNC-Lavalin Group Inc. 5.70% 2029.03.26
1.35
Wolf Midstream Canada Lp 5.95% 2033.07.18
1.33
Sunoco Lp 4.38% 2029.03.26
1.23
Arko Corp 5.13% 2029.11.15
1.15
Sell Protection on MARKIT CDX.NA.HY.45.5Y.V2 12/30 5.00% 2030.12.20
1.12
Ardagh Metal Packaging 3.25% 2028.09.01
1.08
Us Treasury N/B 3.38% 2028.02.29
1.07
Canada 2.75% 2055.12.01
0.98
Keyera Corp 6.88% 2029.06.13
0.97
Tenet Healthcare Corp 4.38% 2030.01.15
0.94
Goeasy Ltd 7.38% 2030.10.01
0.93
Canada 3.50% 2057.12.01
0.92
Brookfield Infra Fin Ulc 5.98% 2033.02.14
0.92
California Resources Crp 7.00% 2034.01.15
0.90
Caesars Entertain Inc 6.00% 2032.10.15
0.88
Cenovus Energy Inc 4.25% 2033.03.20
0.88
Capital Power Corp 4.23% 2033.01.14
0.84
Telus Corp 4.65% 2031.08.13
0.82
Nova Scotia Power Inc 4.95% 2032.11.15
0.81
Capital Power Corp 7.95% 09/09/2032 7.95% 2032.09.09
0.79
Venture Global Lng Inc 9.88% 2032.02.01
0.78

For further information, please contact Connor, Clark & Lunn Funds Inc. Toll Free at 1-888-824-3120.

The Summary of Investment Portfolio may change due to ongoing portfolio transactions of the Fund. Updates are available quarterly. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

CC&L Funds Inc.
January 2, 2025