-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SiWFhD/sH0yxdKIx8q+Uo4gKFgLflcMAMURnHtnTdTumDnkX4RMWijTM1zURutfs NQKI2b0nhzUC4JqZaF2E0Q== 0000894189-08-001281.txt : 20080423 0000894189-08-001281.hdr.sgml : 20080423 20080423160228 ACCESSION NUMBER: 0000894189-08-001281 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080229 FILED AS OF DATE: 20080423 DATE AS OF CHANGE: 20080423 EFFECTIVENESS DATE: 20080423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUST FOR PROFESSIONAL MANAGERS CENTRAL INDEX KEY: 0001141819 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-10401 FILM NUMBER: 08771868 BUSINESS ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4147655067 MAIL ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: ZODIAC TRUST DATE OF NAME CHANGE: 20010601 0001141819 S000019439 Dorfman Value Fund C000054049 Dorfman Value Fund DORFX N-Q 1 drfman-tpm_nq.htm QUARTERLY NOTICE OF PORTFOLIO HOLDINGS Unassociated Document

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


 
FORM N-Q
 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 




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)



Rachel A. Spearo
U.S. Bancorp Fund Services, LLC
615 East Michigan Street
Milwaukee, WI 53202
(Name and address of agent for service)



(414) 765-5384
Registrant's telephone number, including area code



Date of fiscal year end: November 30, 2008



Date of reporting period:  February 29, 2008
 
 
 
 

 
 
 
Item 1. Schedule of Investments.
 
Dorfman Value Fund
         
Schedule of Investments
         
February 29, 2008 (Unaudited)
       
             
       
Shares
 
Value
COMMON STOCKS - 94.28%
         
Auto Components - 3.70%
         
Autoliv, Inc. 
     
8,585
$
428,391
             
Capital Markets - 2.84%
         
Bear Stearns Cos Inc. 
   
2,000
 
159,720
Goldman Sachs Group Inc. 
   
1,000
 
169,630
           
329,350
Commercial Banks - 11.73%
         
Banco Latinoamericano de  Exportaciones S.A. 
22,638
 
304,255
Bank of America Corp. 
   
500
 
19,870
Credicorp Ltd. 
     
3,688
 
274,129
Cullen Frost Bankers Inc. 
   
7,738
 
395,567
MB Financial Inc.
   
12,694
 
365,206
           
1,359,027
Commercial Services & Supplies - 0.08%
       
Ennis Inc. 
     
560
 
8,938
             
Computers & Peripherals - 4.45%
         
Lexmark International Inc. (a)
 
8,630
 
285,049
Palm Inc. 
     
35,659
 
230,714
           
515,763
Electric Utilities - 3.60%
         
Westar Energy Inc. 
   
18,343
 
416,936
             
Electronic Equipment & Instruments - 4.25%
       
AU Optronics Corp. - ADR 
   
25,823
 
492,703
             
Food Products - 3.27%
         
Seaboard Corp. 
   
238
 
378,420
             
Health Care Equipment & Supplies - 3.02%
       
Kinetic Concepts Inc. (a)
   
6,807
 
349,812
             
Insurance - 8.71%
         
Arch Capital Group Ltd. (a)
   
5,410
 
370,477
Berkshire Hathaway Inc. - Class A (a)
 
2
 
280,000
Berkshire Hathaway Inc. - Class B (a)
 
16
 
74,792
Mercury General Corp. 
   
6,219
 
283,586
           
1,008,855
IT Services - 3.61%
         
Electronic Data Systems Corp. 
 
24,183
 
418,850
             
Machinery - 3.52%
         
Cummins Inc. 
   
1,016
 
51,186
FreightCar America Inc. 
   
8,700
 
348,696
Mueller Industries Inc. 
   
300
 
8,619
           
408,501
Metals & Mining - 9.01%
         
Commercial Metals Co. 
   
17,734
 
540,178
Schnitzer Steel Industries Inc. 
   
7,526
 
492,727
United States Steel Corp. 
   
100
 
10,845
           
1,043,750
Multi-Utilities & Unregulated Power - 0.08%
       
Suez SA - ADR 
   
150
 
9,612
             
Oil, Gas & Consumable Fuels - 21.15%
       
Apache Corp. 
   
7,105
 
815,014
Devon Energy Corp. 
   
8,044
 
826,280
Occidental Petroleum Corp. 
   
160
 
12,379
Overseas Shipholding Group Inc. 
   
300
 
18,816
St. Mary Land & Exploration Co. 
   
6,991
 
257,828
Tsakos Energy Navigation Ltd. 
   
15,894
 
520,052
           
2,450,369
Pharmaceuticals - 5.66%
         
AstraZeneca PLC - ADR 
   
4,000
 
150,520
King Pharmaceuticals Inc. (a)
   
30,830
 
326,798
Pfizer Inc. 
     
8,000
 
178,240
           
655,558
Semiconductor & Semiconductor  Equipment  - 2.83%
     
Applied Materials Inc. 
   
1,000
 
19,170
Novellus Systems Inc. (a)
   
14,005
 
309,230
           
328,400
Textiles, Apparel & Luxury Goods - 2.77%
       
Columbia Sportswear Co. 
   
7,765
 
320,927
             
TOTAL COMMON STOCKS  (Cost $11,270,888)
     
10,924,162
             
SHORT TERM INVESTMENTS - 6.06%
       
Aim Liquid Assets, 2.910% (b)
 
702,571
 
702,571
             
TOTAL SHORT TERM INVESTMENTS  (Cost $702,571)
   
702,571
             
Total Investments  (Cost $11,973,459) - 100.34%
   
11,626,733
Liabilities in Excess of Other Assets - (0.34)%
     
(39,935)
TOTAL NET ASSETS - 100.00%
     
$
11,586,798
             
Percentages are stated as a percent of net assets.
     
             
ADR
American Depository Receipt
     
(a)
Non Income Producing
       
(b)
Variable Rate
       
             
 
The cost basis of investments for federal income tax purposes at February 29, 2008
 
was as follows*:
       
             
 
Cost of investments
   
 $   11,973,459
 
 
Gross unrealized appreciation
 
           287,644
 
 
Gross unrealized depreciation
 
         (634,370)
 
 
Net unrealized depreciation
 
 $      (346,726)
 
             
 
*Because tax adjustments are calculated annually, the above table does not reflect tax adjustments.
 
Tax adjustments will be made as part of the Fund's first annual report, which will be dated November
 
30, 2008.
         
             
 
 
Item 2. Controls and Procedures.
 
(a)  
The Registrant’s President/Chief Executive Officer and Treasurer/Chief Financial Officer have concluded that the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended.

(b)  
There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.


 
Item 3. Exhibits.
 
File as exhibits a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act.  Filed 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.


Trust for Professional Managers

By        /s/ Joseph Neuberger                                                                                                       
             Joseph Neuberger, President and Treasurer

Date                         April 22, 2008                                                                                                



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 person on behalf of the registrant and in the capacities and on the date indicated.

Trust for Professional Managers
 
By        /s/ Joseph Neuberger                                                                                                       
             Joseph Neuberger, President and Treasurer

Date                         April 22, 2008                                                                                                

 
 
 
 

EX-99.CERT 2 cert.htm CERTIFICATION Unassociated Document

 
CERTIFICATION
 
I, Joseph Neuberger, certify that:

1.  
I have reviewed this report on Form N-Q of Trust for Professional Managers;

2.  
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.  
Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4.  
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)  
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)  
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)  
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation;

(d)  
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.  
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)  
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)  
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:  April 22, 2008                           
/s/ Joseph Neuberger                               
 
Joseph Neuberger
President and Treasurer
 
 

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