CC&L High Yield Bond Fund

Quarterly Portfolio Disclosures

As of March 31, 2025

Summary of
Investment Portfolio

% of Net
Asset Value
Automotive
6.69
Banking
9.21
Basic Industry
2.65
Capital Goods
5.56
Communications
3.66
Consumer Goods
1.26
Energy
17.48
Healthcare
8.05
Leisure
5.59
Media
13.61
Real Estate
7.46
Retail
6.62
Services
3.05
Technology & Electronics
0.58
Telecommunications
5.40
Transportation
1.66
Utility
1.48

Top 25 Holdings

% of Net
Asset Value
Avolon Holdings Fndg Ltd 5.75% 2029.11.15
2.95
Molina Healthcare Inc 4.38% 2028.06.15
2.07
Albertsons Cos/Safeway 3.50% 2029.03.15
1.99
Us Treasury N/B 3.88% 2034.08.15
1.92
Tenet Healthcare Corp 4.38% 2030.01.15
1.77
Cogeco Communications 6.13% 2029.02.27
1.70
Inter Pipeline Ltd 5.85% 2032.05.18
1.67
Cinemark Usa Inc 5.25% 2028.07.15
1.62
Videotron Ltd 4.50% 2030.01.15
1.40
Ball Corp 2.88% 2030.08.15
1.29
Telus Corp 5.60% 2030.09.09
1.24
Rogers Communications In 3.30% 2029.12.10
1.23
Enbridge Inc. 5.38% 2027.09.27
1.18
Goeasy Ltd 7.38% 2030.10.01
1.17
Brookfield Renewable Par 4.25% 2029.01.15
1.16
Cco Holdings Llc / Cco Holdings Capital Corp 5.00% 2028.02.01
1.14
Bank Of Montreal 4.98% 2029.07.03
1.12
Goodyear Tire & Rubber 5.25% 2031.07.15
1.08
SNC-Lavalin Group Inc. 5.70% 2029.03.26
1.08
Meg Energy Corp 5.88% 2029.02.01
1.07
Goodyear Tire & Rubber 5.00% 2029.07.15
1.05
Sell Protection on MARKIT CDX.NA.HY.44.5Y.V1 06/30 5.00% 2030.06.20
0.99
Cable One Inc 4.00% 2030.11.15
0.97
Brookfield Infra Fin Ulc 5.71% 2030.07.27
0.96
Enbridge Pipelines Inc 3.52% 2029.02.22
0.92

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.