SEGALL BRYANT & HAMILL SMALL CAP VALUE FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 87.3%	Shares		Value
Consumer Discretionary - 3.3%
Consumer Durables & Apparel - 0.3%
Gildan Activewear, Inc. (Canada)		27,203	$	347,110
Consumer Services - 2.5%
Jack in the Box, Inc.		43,394		1,520,960
Papa John's International, Inc.		26,676		1,423,698
Red Lion Hotels Corp. (a)		140,937		205,768
				3,150,426
Retailing - 0.5%
Quotient Technology, Inc. (a)		91,951		597,682
Consumer Staples - 8.4%
Food, Beverage & Tobacco - 8.4%
Hain Celestial Group, Inc. (The) (a)		295,264		7,668,006
TreeHouse Foods, Inc. (a)		62,542		2,761,229
				10,429,235
Energy - 2.3%
Energy - 2.3%
Helmerich & Payne, Inc.		42,576		666,314
NexTier Oilfield Solutions, Inc. (a)		299,199		350,063
Parsley Energy, Inc. - Class A		77,182		442,253
PDC Energy, Inc. (a)		84,383		524,018
WPX Energy, Inc. (a)		292,555		892,293
				2,874,941
Financials - 13.6%
Banks - 13.6%
Community Bank System, Inc.		27,850		1,637,580
Enterprise Financial Services Corp.		44,351		1,237,837
First Busey Corp.		58,774		1,005,623
IBERIABANK Corp.		24,940		901,830
Investors Bancorp, Inc.		148,343		1,185,261
Lakeland Financial Corp.		40,107		1,473,932
National Bank Holdings Corp. - Class A		76,569		1,829,999
Renasant Corp.		63,404		1,384,743
Seacoast Banking Corp. of Florida (a)		82,890		1,517,716

SEGALL BRYANT & HAMILL SMALL CAP VALUE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 87.3% (Continued)	Shares		Value
Financials - 13.6% (Continued)
Banks - 13.6% (Continued)
Umpqua Holdings Corp.		177,790	$	1,937,911
United Community Banks, Inc.		70,469		1,290,287
WesBanco, Inc.		59,641		1,413,492
				16,816,211
Health Care - 10.2%
Healthcare Equipment & Services - 9.8%
AngioDynamics, Inc. (a)		54,963		573,264
Chembio Diagnostics, Inc. (a)		93,424		478,331
ICU Medical, Inc. (a)		7,647		1,542,935
Magellan Health, Inc. (a)		51,009		2,454,043
MEDNAX, Inc. (a)		146,701		1,707,600
Orthofix Medical, Inc. (a)		194,008		5,434,164
				12,190,337
Pharmaceuticals, Biotechnology & Life Sciences - 0.4%
Alkermes PLC (Ireland) (a)		30,881		445,304
Industrials - 14.3%
Capital Goods - 13.9%
AAR Corp.		49,205		873,881
Astec Industries, Inc.		55,584		1,943,772
AZZ, Inc.		57,215		1,608,886
CIRCOR International, Inc. (a)		39,489		459,257
Columbus McKinnon Corp.		48,033		1,200,825
EnerSys		27,003		1,337,189
Manitowoc Co., Inc. (The) (a)		42,064		357,544
Quanex Building Products Corp.		66,066		665,945
Regal Beloit Corp.		92,959		5,851,769
SPX Corp. (a)		58,645		1,914,173
Sterling Construction Co., Inc. (a)		110,356		1,048,382
				17,261,623
Commercial & Professional Services - 0.4%
Huron Consulting Group, Inc. (a)		10,918		495,240

SEGALL BRYANT & HAMILL SMALL CAP VALUE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 87.3% (Continued)	Shares		Value
Information Technology - 18.0%
Software & Services - 9.4%
Box, Inc. - Class A (a)		72,501	$	1,017,914
CommVault Systems, Inc. (a)		28,868		1,168,577
Conduent, Inc. (a)		411,849		1,009,030
CSG Systems International, Inc.		14,506		607,076
FireEye, Inc. (a)		308,996		3,269,178
Progress Software Corp.		143,052		4,577,664
				11,649,439
Technology Hardware & Equipment - 8.6%
Belden, Inc.		28,908		1,043,001
FARO Technologies, Inc. (a)		77,284		3,439,138
FLIR Systems, Inc.		23,776		758,217
NCR Corp. (a)		265,158		4,693,296
Sierra Wireless, Inc. (Canada) (a)		125,015		710,085
				10,643,737
Materials - 6.1%
Materials - 6.1%
Coeur Mining, Inc. (a)		71,162		228,430
Compass Minerals International, Inc.		47,427		1,824,517
Ferro Corp. (a)		125,301		1,172,817
P.H. Glatfelter Co.		177,101		2,164,174
Schnitzer Steel Industries, Inc. - Class A		41,154		536,648
Silgan Holdings, Inc.		58,731		1,704,374
				7,630,960
Real Estate - 8.5%
Real Estate - 8.5%
Columbia Property Trust, Inc.		91,258		1,140,725
Cousins Properties, Inc.		21,743		636,418
Empire State Realty Trust, Inc. - Class A		107,890		966,694
Equity Commonwealth		192,366		6,099,926
Pebblebrook Hotel Trust		22,436		244,328
Physicians Realty Trust		106,764		1,488,290
				10,576,381
Utilities - 2.6%
Utilities - 2.6%
ALLETE, Inc.		15,114		917,118

SEGALL BRYANT & HAMILL SMALL CAP VALUE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 87.3% (Continued)	Shares		Value
Utilities - 2.6% (Continued)
Utilities - 2.6% (Continued)
California Water Service Group		8,240	$	414,637
New Jersey Resources Corp.		40,763		1,384,719
PNM Resources, Inc.		12,994		493,772
				3,210,246
Investments at Value - 87.3% (Cost $146,251,555)			$	108,318,872
Other Assets in Excess of Liabilities - 12.7%				15,733,296
Net Assets - 100.0%			$	124,052,168

^(a) Non-income producing security.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL SMALL CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 92.7%	Shares		Value
Communication Services - 2.2%
Media & Entertainment - 2.2%
John Wiley & Sons, Inc. - Class A		29,272	$	1,097,407
Consumer Discretionary - 7.0%
Automobiles & Components - 1.0%
Dana, Inc.		63,969		499,598
Consumer Durables & Apparel - 0.8%
La-Z-Boy, Inc.		19,712		405,082
Consumer Services - 3.7%
Boyd Gaming Corp.		37,489		540,591
Graham Holdings Co. - Class B		1,566		534,272
Texas Roadhouse, Inc.		18,903		780,694
				1,855,557
Retailing - 1.5%
Aaron's, Inc.		22,684		516,741
Winmark Corp.		1,730		220,437
				737,178
Consumer Staples - 1.1%
Food, Beverage & Tobacco - 1.1%
John B. Sanfilippo & Son, Inc.		6,030		539,082
Energy - 3.2%
Energy - 3.2%
Enerplus Corp. (Canada)		150,081		222,120
PBF Energy, Inc. - Class A		44,733		316,710
Scorpio Tankers, Inc.		31,082		594,288
Solaris Oilfield Infrastructure, Inc. - Class A		43,933		230,648
Vermilion Energy, Inc. (Canada)		69,539		216,266
				1,580,032
Financials - 25.2%
Banks - 18.5%
Atlantic Union Bancshares Corp.		39,208		858,655
F.N.B. Corp.		113,336		835,286

SEGALL BRYANT & HAMILL SMALL CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 92.7% (Continued)	Shares		Value
Financials - 25.2% (Continued)
Banks - 18.5% (Continued)
First Interstate BancSystem, Inc. - Class A		27,268	$	786,409
Glacier Bancorp, Inc.		31,425		1,068,607
Independent Bank Corp.		18,932		1,218,653
Independent Bank Group, Inc.		17,570		416,058
Lakeland Financial Corp.		16,815		617,951
OceanFirst Financial Corp.		24,794		394,473
Radian Group, Inc.		40,600		525,770
Sandy Spring Bancorp, Inc.		23,684		536,206
Umpqua Holdings Corp.		71,518		779,546
Washington Federal, Inc.		22,577		586,099
Wintrust Financial Corp.		17,023		559,376
				9,183,089
Diversified Financials - 1.6%
SLM Corp.		108,969		783,487
Insurance - 5.1%
Argo Group International Holdings, Ltd. (Bermuda)		18,517		686,240
Axis Capital Holdings, Ltd. (Bermuda)		26,214		1,013,171
Hanover Insurance Group, Inc. (The)		1,678		151,993
Horace Mann Educators Corp.		18,001		658,657
				2,510,061
Health Care - 6.4%
Healthcare Equipment & Services - 5.0%
Ensign Group, Inc. (The)		42,005		1,579,808
LeMaitre Vascular, Inc.		26,710		665,613
U.S. Physical Therapy, Inc.		3,680		253,920
				2,499,341
Pharmaceuticals, Biotechnology & Life Sciences - 1.4%
Phibro Animal Health Corp. - Class A		27,895		674,222
Industrials - 9.0%
Capital Goods - 5.5%
Crane Co.		11,847		582,635
EnerSys		19,726		976,832

SEGALL BRYANT & HAMILL SMALL CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 92.7% (Continued)	Shares		Value
Industrials - 9.0% (Continued)
Capital Goods - 5.5% (Continued)
Mueller Water Products, Inc. - Series A		146,367	$	1,172,400
				2,731,867
Commercial & Professional Services - 0.7%
Barrett Business Services, Inc.		8,341		330,637
Transportation - 2.8%
Allegiant Travel Co.		7,561		618,490
Forward Air Corp.		15,195		769,627
				1,388,117
Information Technology - 13.9%
Semiconductors & Semiconductor Equipment - 2.4%
MKS Instruments, Inc.		14,484		1,179,722
Software & Services - 9.0%
EVERTEC, Inc.		46,350		1,053,536
Genpact, Ltd. (Bermuda)		9,150		267,180
MAXIMUS, Inc.		19,849		1,155,212
NIC, Inc.		26,390		606,970
TTEC Holdings, Inc.		38,009		1,395,690
				4,478,588
Technology Hardware & Equipment - 2.5%
InterDigital, Inc.		27,504		1,227,503
Materials - 5.5%
Materials - 5.5%
Eagle Materials, Inc.		8,110		473,786
Graphic Packaging Holding Co.		58,471		713,346
Huntsman Corp.		55,873		806,247
Pan American Silver Corp. (Canada)		8,480		121,519
Silgan Holdings, Inc.		21,190		614,934
				2,729,832
Real Estate - 10.9%
Real Estate - 10.9%
Investors Real Estate Trust		9,495		522,225
Outfront Media, Inc.		55,195		744,029

SEGALL BRYANT & HAMILL SMALL CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 92.7% (Continued)	Shares		Value
Real Estate - 10.9% (Continued)
Real Estate - 10.9% (Continued)
Physicians Realty Trust		71,256	$	993,309
QTS Realty Trust, Inc. - Class A		22,929		1,330,111
Rexford Industrial Realty, Inc.		16,725		685,892
STAG Industrial, Inc.		49,365		1,111,700
				5,387,266
Utilities - 8.3%
Utilities - 8.3%
ALLETE, Inc.		15,166		920,273
Atlantica Yield PLC (United Kingdom)		27,966		623,642
Black Hills Corp.		9,970		638,379
Southwest Gas Holdings, Inc.		27,619		1,921,177
				4,103,471
Investments at Value - 92.7% (Cost $60,661,672)			$	45,921,139
Other Assets in Excess of Liabilities - 7.3%				3,634,770
Net Assets - 100.0%			$	49,555,909

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL SMALL CAP GROWTH FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 97.7%	Shares		Value
Communication Services - 4.1%
Media & Entertainment - 2.5%
Eventbrite, Inc. - Class A (a)		32,450	$	236,885
Live Nation Entertainment, Inc. (a)		13,870		630,530
New York Times Co. (The) - Class A		17,244		529,564
				1,396,979
Telecommunication Services - 1.6%
Cogent Communications Holdings, Inc.		10,560		865,603
Consumer Discretionary - 10.3%
Automobiles & Components - 1.2%
Fox Factory Holding Corp. (a)		15,019		630,798
Consumer Durables & Apparel - 0.5%
Callaway Golf Co.		29,236		298,792
Consumer Services - 6.2%
Bright Horizons Family Solutions, Inc. (a)		13,921		1,419,942
Churchill Downs, Inc.		9,463		974,216
OneSpaWorld Holdings, Ltd.		33,392		135,571
Shake Shack, Inc. - Class A (a)		10,786		407,064
Wingstop, Inc.		6,270		499,719
				3,436,512
Retailing - 2.4%
Ollie's Bargain Outlet Holdings, Inc. (a)		17,338		803,443
Revolve Group, Inc. - Class A (a)		20,022		172,990
RH (a)		3,214		322,910
				1,299,343
Consumer Staples - 0.7%
Food, Beverage & Tobacco - 0.7%
Simply Good Foods Co. (The) (a)		19,384		373,336
Energy - 0.2%
Energy - 0.2%
PDC Energy, Inc. (a)		20,030		124,386

SEGALL BRYANT & HAMILL SMALL CAP GROWTH FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.7% (Continued)	Shares		Value
Financials - 10.4%
Banks - 2.2%
Bank OZK		13,945	$	232,882
Eagle Bancorp, Inc.		17,797		537,647
Meridian Bancorp, Inc.		39,601		444,323
				1,214,852
Diversified Financials - 3.3%
Evercore, Inc. - Class A		6,918		318,643
Focus Financial Partners, Inc. - Class A (a)		19,120		439,951
Hamilton Lane, Inc. - Class A		12,529		692,979
LendingTree, Inc. (a)		1,992		365,313
				1,816,886
Insurance - 4.9%
AMERISAFE, Inc.		9,642		621,620
Goosehead Insurance, Inc. - Class A (a)		28,668		1,279,453
Trupanion, Inc. (a)		29,905		778,427
				2,679,500
Health Care - 23.9%
Healthcare Equipment & Services - 16.2%
Addus HomeCare Corp. (a)		11,922		805,927
Amedisys, Inc. (a)		8,933		1,639,563
BioTelemetry, Inc. (a)		12,427		478,564
Cardiovascular Systems, Inc. (a)		18,567		653,744
CONMED Corp.		5,710		327,012
Globus Medical, Inc. - Class A (a)		26,512		1,127,555
Inspire Medical Systems, Inc. (a)		9,968		600,871
Integra LifeSciences Holdings Corp. (a)		10,373		463,362
LivaNova PLC (United Kingdom) (a)		9,128		413,042
Masimo Corp. (a)		2,576		456,261
Omnicell, Inc. (a)		14,311		938,515
Silk Road Medical, Inc. (a)		13,587		427,719
Teladoc Health, Inc. (a)		3,882		601,749
				8,933,884
Pharmaceuticals, Biotechnology & Life Sciences - 7.7%
Adaptive Biotechnologies Corp. (a)		12,260		340,583
Amicus Therapeutics, Inc. (a)		44,091		407,401
Blueprint Medicines Corp. (a)		9,548		558,367

SEGALL BRYANT & HAMILL SMALL CAP GROWTH FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.7% (Continued)	Shares		Value
Health Care - 23.9% (Continued)
Pharmaceuticals, Biotechnology & Life Sciences - 7.7% (Continued)
Catalent, Inc. (a)		21,135	$	1,097,963
Natera, Inc. (a)		16,180		483,135
Pacira BioSciences, Inc. (a)		12,552		420,868
PRA Health Sciences, Inc. (a)		6,350		527,304
Turning Point Therapeutics, Inc. (a)		8,809		393,410
				4,229,031
Industrials - 15.9%
Capital Goods - 10.5%
AeroVironment, Inc. (a)		8,101		493,837
Generac Holdings, Inc. (a)		14,101		1,313,790
Hexcel Corp.		17,805		662,168
John Bean Technologies Corp.		8,085		600,473
Mercury Systems, Inc. (a)		12,552		895,460
Proto Labs, Inc. (a)		7,836		596,555
TPI Composites, Inc. (a)		36,014		532,287
Trex Company, Inc. (a)		8,646		692,890
				5,787,460
Commercial & Professional Services - 4.5%
Healthcare Services Group, Inc.		19,050		455,486
Huron Consulting Group, Inc. (a)		18,404		834,805
Ritchie Bros. Auctioneers, Inc. (Canada)		27,579		942,650
Upwork, Inc. (a)		35,430		228,524
				2,461,465
Transportation - 0.9%
Saia, Inc. (a)		6,801		500,145
Information Technology - 24.6%
Semiconductors & Semiconductor Equipment - 11.9%
Cabot Microelectronics Corp.		7,050		804,687
Entegris, Inc.		22,077		988,387
Inphi Corp. (a)		12,855		1,017,730
Monolithic Power Systems, Inc.		7,457		1,248,749
Onto Innovation, Inc. (a)		24,201		718,044
Power Integrations, Inc.		7,136		630,323

SEGALL BRYANT & HAMILL SMALL CAP GROWTH FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.7% (Continued)	Shares		Value
Information Technology - 24.6% (Continued)
Semiconductors & Semiconductor Equipment - 11.9% (Continued)
Silicon Laboratories, Inc. (a)		13,673	$	1,167,811
				6,575,731
Software & Services - 11.5%
Anaplan, Inc. (a)		12,708		384,544
Envestnet, Inc. (a)		20,762		1,116,580
Everbridge, Inc. (a)		5,158		548,605
Globant S.A. (Luxembourg) (a)		13,408		1,178,295
MAXIMUS, Inc.		17,167		999,120
RealPage, Inc. (a)		17,213		911,084
Zendesk, Inc. (a)		11,252		720,241
Zscaler, Inc. (a)		7,320		445,495
				6,303,964
Technology Hardware & Equipment - 1.2%
Novanta, Inc. (Canada) (a)		8,373		668,835
Materials - 3.2%
Materials - 3.2%
Ingevity Corp. (a)		15,602		549,191
Innospec, Inc.		7,439		516,936
Livent Corp. (a)		49,025		257,381
PolyOne Corp.		23,695		449,494
				1,773,002
Real Estate - 4.4%
Real Estate - 4.4%
Americold Realty Trust		21,657		737,204
QTS Realty Trust, Inc. - Class A		23,563		1,366,890
Terreno Realty Corp.		6,389		330,631
				2,434,725

SEGALL BRYANT & HAMILL SMALL CAP GROWTH FUND
STATEMENT OF INVESTMENTS (Continued)
Investments at Value - 97.7% (Cost $54,120,555)	$	53,805,229
Other Assets in Excess of Liabilities - 2.3%		1,248,851
Net Assets - 100.0%	$	55,054,080

^(a) Non-income producing security.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL SMALL CAP CORE FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 93.7%	Shares		Value
Consumer Discretionary - 8.9%
Automobiles & Components - 2.0%
Dorman Products, Inc. (a)		1,347	$	74,448
Fox Factory Holding Corp. (a)		9,946		417,732
Stoneridge, Inc. (a)		7,453		124,838
				617,018
Consumer Durables & Apparel - 3.8%
Columbia Sportswear Co.		2,733		190,681
Steven Madden, Ltd.		9,970		231,603
Universal Electronics, Inc. (a)		11,696		448,776
Wolverine World Wide, Inc.		18,807		285,866
				1,156,926
Consumer Services - 2.7%
Choice Hotels International, Inc.		4,851		297,124
Churchill Downs, Inc.		2,254		232,049
Jack in the Box, Inc.		3,609		126,496
OneSpaWorld Holdings, Ltd.		13,735		55,764
Texas Roadhouse, Inc.		2,840		117,292
				828,725
Retailing - 0.4%
Children's Place, Inc. (The)		6,259		122,426
Consumer Staples - 5.8%
Food, Beverage & Tobacco - 5.8%
Flowers Foods, Inc.		11,536		236,718
Hain Celestial Group, Inc. (The) (a)		41,634		1,081,235
TreeHouse Foods, Inc. (a)		9,945		439,072
				1,757,025
Energy - 1.8%
Energy - 1.8%
PDC Energy, Inc. (a)		8,296		51,518
World Fuel Services Corp.		16,333		411,265
WPX Energy, Inc. (a)		28,431		86,715
				549,498

SEGALL BRYANT & HAMILL SMALL CAP CORE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 93.7% (Continued)	Shares		Value
Financials - 6.6%
Banks - 6.6%
Ameris Bancorp		12,285	$	291,892
Carolina Financial Corp.		9,573		247,654
CenterState Bank Corp.		17,667		304,402
IBERIABANK Corp.		5,530		199,965
Lakeland Financial Corp.		11,061		406,492
Seacoast Banking Corp. of Florida (a)		16,971		310,739
WesBanco, Inc.		10,165		240,910
				2,002,054
Health Care - 17.0%
Healthcare Equipment & Services - 10.8%
Amedisys, Inc. (a)		1,682		308,714
AngioDynamics, Inc. (a)		15,950		166,358
Encompass Health Corp.		6,555		419,717
Globus Medical, Inc. - Class A (a)		10,222		434,742
Inogen, Inc. (a)		1,953		100,892
Insulet Corp. (a)		3,781		626,436
Integra LifeSciences Holdings Corp. (a)		7,767		346,952
NuVasive, Inc. (a)		4,198		212,671
Omnicell, Inc. (a)		3,166		207,626
Orthofix Medical, Inc. (a)		14,499		406,117
Surmodics, Inc. (a)		2,274		75,770
				3,305,995
Pharmaceuticals, Biotechnology & Life Sciences - 6.2%
Bio-Rad Laboratories, Inc. - Class A (a)		1,945		681,839
Bio-Techne Corp.		1,834		347,763
Horizon Therapeutics PLC (a)		15,913		471,343
NeoGenomics, Inc. (a)		14,516		400,787
				1,901,732
Industrials - 20.6%
Capital Goods - 13.4%
Armstrong World Industries, Inc.		6,332		502,887
BWX Technologies, Inc.		6,371		310,331
Carlisle Cos., Inc.		4,170		522,418
Columbus McKinnon Corp.		12,376		309,400
EnerSys		8,540		422,901

SEGALL BRYANT & HAMILL SMALL CAP CORE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 93.7% (Continued)	Shares		Value
Industrials - 20.6% (Continued)
Capital Goods - 13.4% (Continued)
Granite Construction, Inc.		5,557	$	84,355
IDEX Corp.		2,315		319,725
ITT, Inc.		8,900		403,704
JELD-WEN Holding, Inc. (a)		12,194		118,648
RBC Bearings, Inc. (a)		3,275		369,387
Rexnord Corp.		15,581		353,221
SPX Corp. (a)		11,217		366,123
				4,083,100
Commercial & Professional Services - 4.0%
Casella Waste Systems, Inc. - Class A (a)		15,460		603,867
Healthcare Services Group, Inc.		10,160		242,926
Tetra Tech, Inc.		5,223		368,848
				1,215,641
Transportation - 3.2%
Allegiant Travel Co.		3,557		290,963
Forward Air Corp.		7,798		394,969
Hub Group, Inc. - Class A (a)		6,635		301,693
				987,625
Information Technology - 24.2%
Semiconductors & Semiconductor Equipment - 4.5%
Advanced Energy Industries, Inc. (a)		8,347		404,746
Entegris, Inc.		14,612		654,179
Lattice Semiconductor Corp. (a)		17,862		318,301
				1,377,226
Software & Services - 16.9%
Avalara, Inc. (a)		4,708		351,217
BlackLine, Inc. (a)		13,034		685,719
Everbridge, Inc. (a)		3,207		341,096
Five9, Inc. (a)		15,271		1,167,621
Guidewire Software, Inc. (a)		4,937		391,553
Model N, Inc. (a)		20,456		454,328
New Relic, Inc. (a)		3,954		182,833
Pegasystems, Inc.		5,392		384,072
Proofpoint, Inc. (a)		3,981		408,411
RealPage, Inc. (a)		10,288		544,544

SEGALL BRYANT & HAMILL SMALL CAP CORE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 93.7% (Continued)	Shares		Value
Information Technology - 24.2% (Continued)
Software & Services - 16.9% (Continued)
Workiva, Inc. (a)		7,904	$	255,536
				5,166,930
Technology Hardware & Equipment - 2.8%
Coherent, Inc. (a)		2,060		219,205
FARO Technologies, Inc. (a)		3,575		159,088
FLIR Systems, Inc.		2,391		76,249
Pure Storage, Inc. - Class A (a)		32,291		397,179
				851,721
Materials - 4.5%
Materials - 4.5%
Berry Global Group, Inc. (a)		7,980		269,006
Compass Minerals International, Inc.		7,778		299,220
Ferro Corp. (a)		12,704		118,909
Ingevity Corp. (a)		4,540		159,808
Quaker Chemical Corp.		2,062		260,389
Silgan Holdings, Inc.		9,480		275,110
				1,382,442

SEGALL BRYANT & HAMILL SMALL CAP CORE FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 93.7% (Continued)	Shares		Value
Real Estate - 4.3%
Real Estate - 4.3%
Americold Realty Trust		14,064	$	478,739
Equity Commonwealth		26,499		840,283
				1,319,022
Investments at Value - 93.7% (Cost $29,412,634)			$	28,625,106
Other Assets in Excess of Liabilities - 6.3%				1,929,224
Net Assets - 100.0%			$	30,554,330

^(a) Non-income producing security.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL MID CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 98.4%	Shares		Value
Communication Services - 2.6%
Telecommunication Services - 2.6%
TELUS Corp. (Canada)		84,148	$	1,327,855
Consumer Discretionary - 6.3%
Automobiles & Components - 1.4%
BorgWarner, Inc.		29,340		715,016
Consumer Durables & Apparel - 2.6%
Hasbro, Inc.		18,161		1,299,420
Retailing - 2.3%
Aaron's, Inc.		27,669		630,300
Ross Stores, Inc.		6,120		532,256
				1,162,556
Consumer Staples - 1.0%
Food, Beverage & Tobacco - 1.0%
Lamb Weston Holdings, Inc.		4,530		258,663
Tyson Foods, Inc. - Class A		3,820		221,063
				479,726
Energy - 2.8%
Energy - 2.8%
Diamondback Energy, Inc.		10,870		284,794
Enerplus Corp. (Canada)		243,036		359,693
Valero Energy Corp.		16,821		763,001
				1,407,488
Financials - 17.3%
Banks - 7.1%
BOK Financial Corp.		14,257		606,778
FNB Corp.		134,132		988,553
Investors Bancorp, Inc.		89,183		712,572
M&T Bank Corp.		4,470		462,332
People's United Financial, Inc.		70,757		781,865
				3,552,100
Insurance - 10.2%
Allstate Corp. (The)		11,284		1,035,082

SEGALL BRYANT & HAMILL MID CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 98.4% (Continued)	Shares		Value
Financials - 17.3% (Continued)
Insurance - 10.2% (Continued)
Arthur J. Gallagher & Co.		8,320	$	678,163
Axis Capital Holdings, Ltd. (Bermuda)		28,483		1,100,868
Everest Re Group, Ltd. (Bermuda)		2,760		531,079
Hartford Financial Services Group, Inc. (The)		26,704		941,049
Principal Financial Group, Inc.		13,930		436,566
Reinsurance Group of America, Inc.		4,627		389,316
				5,112,123
Health Care - 9.9%
Healthcare Equipment & Services - 7.1%
AmerisourceBergen Corp.		5,631		498,343
Cerner Corp.		20,140		1,268,619
Quest Diagnostics, Inc.		14,676		1,178,483
Universal Health Services, Inc. - Class B		6,120		606,370
				3,551,815
Pharmaceuticals, Biotechnology & Life Sciences - 2.8%
Grifols S.A. ADR (Spain)		70,381		1,417,473
Industrials - 11.7%
Capital Goods - 4.1%
CAE, Inc. (Canada)		64,634		815,681
Crane Co.		9,900		486,882
Oshkosh Corp.		10,056		646,903
Snap-on, Inc.		1,020		110,996
				2,060,462
Commercial & Professional Services - 2.3%
Republic Services, Inc.		15,539		1,166,357
Transportation - 5.3%
Alaska Air Group, Inc.		11,230		319,718
C.H. Robinson Worldwide, Inc.		9,770		646,774
Kansas City Southern		8,541		1,086,245
Landstar System, Inc.		6,420		615,421
				2,668,158

SEGALL BRYANT & HAMILL MID CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 98.4% (Continued)	Shares		Value
Information Technology - 12.9%
Semiconductors & Semiconductor Equipment - 2.5%
MKS Instruments, Inc.		4,930	$	401,548
NXP Semiconductors N.V. (Netherlands)		8,560		709,881
Skyworks Solutions, Inc.		1,620		144,796
				1,256,225
Software & Services - 6.5%
Citrix Systems, Inc.		1,810		256,206
Cognizant Technology Solutions Corp. - Class A		2,440		113,387
EVERTEC, Inc.		24,730		562,113
Genpact, Ltd. (Bermuda)		29,637		865,400
MAXIMUS, Inc.		19,957		1,161,497
Pegasystems, Inc.		4,440		316,261
				3,274,864
Technology Hardware & Equipment - 3.9%
Dolby Laboratories, Inc. - Class A		17,411		943,850
InterDigital, Inc.		22,516		1,004,889
				1,948,739
Materials - 7.1%
Materials - 7.1%
Graphic Packaging Holding Co.		51,220		624,884
Huntsman Corp.		53,180		767,387
Newmont Corp.		29,880		1,352,967
Steel Dynamics, Inc.		35,200		793,408
				3,538,646
Real Estate - 14.1%
Real Estate - 14.1%
Americold Realty Trust		46,692		1,589,396
CyrusOne, Inc.		19,870		1,226,972
Invitation Homes, Inc.		38,091		814,005
Outfront Media, Inc.		57,842		779,710
Rexford Industrial Realty, Inc.		17,360		711,934
SBA Communications Corp.		470		126,886
Sun Communities, Inc.		8,524		1,064,221
VICI Properties, Inc.		46,127		767,553
				7,080,677

SEGALL BRYANT & HAMILL MID CAP VALUE DIVIDEND FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 98.4% (Continued)	Shares		Value
Utilities - 12.7%
Utilities - 12.7%
ALLETE, Inc.		13,161	$	798,609
CenterPoint Energy, Inc.		52,798		815,729
MDU Resources Group, Inc.		58,020		1,247,430
Southwest Gas Holdings, Inc.		22,834		1,588,333
Vistra Energy Corp.		70,838		1,130,575
Xcel Energy, Inc.		12,955		781,187
				6,361,863
Investments at Value - 98.4% (Cost $61,425,950)			$	49,381,563
Other Assets in Excess of Liabilities - 1.6%				825,616
Net Assets - 100.0%			$	50,207,179

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL ALL CAP FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 97.8%	Shares		Value
Communication Services - 7.5%
Media & Entertainment - 7.5%
Alphabet, Inc. - Class C (a)		2,551	$	2,966,328
Cable One, Inc.		1,359		2,234,210
Comcast Corp. - Class A		33,240		1,142,791
Live Nation Entertainment, Inc. (a)		24,948		1,134,136
				7,477,465
Consumer Discretionary - 10.6%
Consumer Durables & Apparel - 2.3%
Hasbro, Inc.		13,625		974,869
VF Corp.		24,122		1,304,518
				2,279,387
Retailing - 8.3%
Amazon.com, Inc. (a)		1,955		3,811,702
Ollie's Bargain Outlet Holdings, Inc. (a)		22,921		1,062,159
O'Reilly Automotive, Inc. (a)		4,917		1,480,263
TJX Cos., Inc. (The)		40,611		1,941,612
				8,295,736
Consumer Staples - 6.8%
Food & Staples Retailing - 1.4%
Costco Wholesale Corp.		5,029		1,433,919
Food, Beverage & Tobacco - 2.8%
Coca-Cola Co. (The)		23,910		1,058,018
Mondelēz International, Inc. - Class A		34,406		1,723,052
				2,781,070
Household & Personal Products - 2.6%
Clorox Co. (The)		6,792		1,176,714
Estée Lauder Cos., Inc. (The) - Class A		8,836		1,407,928
				2,584,642
Energy - 0.7%
Energy - 0.7%
Noble Energy, Inc.		121,156		731,782

SEGALL BRYANT & HAMILL ALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.8% (Continued)	Shares		Value
Financials - 12.9%
Banks - 4.6%
First Republic Bank		16,234	$	1,335,734
JPMorgan Chase & Co.		26,627		2,397,229
Signature Bank		11,091		891,605
				4,624,568
Diversified Financials - 4.8%
Ares Management Corp. - Class A		53,745		1,662,333
Berkshire Hathaway, Inc. - Class B (a)		7,491		1,369,579
S&P Global, Inc.		7,217		1,768,526
				4,800,438
Insurance - 3.5%
Aon PLC - Class A (United Kingdom)		11,939		1,970,413
Reinsurance Group of America, Inc.		17,525		1,474,553
				3,444,966
Health Care - 20.8%
Healthcare Equipment & Services - 10.4%
Abbott Laboratories		21,874		1,726,077
Alcon, Inc. (Switzerland) (a)		32,498		1,651,549
Baxter International, Inc.		25,837		2,097,706
Danaher Corp.		14,557		2,014,835
Hologic, Inc. (a)		14,130		495,963
UnitedHealth Group, Inc.		9,756		2,432,951
				10,419,081
Pharmaceuticals, Biotechnology & Life Sciences - 10.4%
Bio-Techne Corp.		7,941		1,505,772
Catalent, Inc. (a)		40,427		2,100,183
Mettler-Toledo International, Inc. (a)		1,924		1,328,541
Novartis AG ADR (Switzerland)		21,221		1,749,672
Thermo Fisher Scientific, Inc.		5,310		1,505,916
Zoetis, Inc.		18,102		2,130,424
				10,320,508
Industrials - 10.7%
Capital Goods - 7.8%
Honeywell International, Inc.		10,708		1,432,623
L3Harris Technologies, Inc.		8,096		1,458,251
Parker-Hannifin Corp.		8,661		1,123,592

SEGALL BRYANT & HAMILL ALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.8% (Continued)	Shares		Value
Industrials - 10.7% (Continued)
Capital Goods - 7.8% (Continued)
Quanta Services, Inc.		64,974	$	2,061,625
Roper Technologies, Inc.		5,473		1,706,536
				7,782,627
Commercial & Professional Services - 2.9%
Cintas Corp.		6,357		1,101,160
IHS Markit, Ltd.		29,357		1,761,420
				2,862,580
Information Technology - 22.9%
Semiconductors & Semiconductor Equipment - 5.5%
Marvell Technology Group, Ltd. (Bermuda)		128,298		2,903,384
Monolithic Power Systems, Inc.		8,103		1,356,928
NXP Semiconductors N.V. (Netherlands)		14,294		1,185,401
				5,445,713
Software & Services - 13.0%
Adobe, Inc. (a)		6,415		2,041,510
Guidewire Software, Inc. (a)		22,158		1,757,351
Microsoft Corp.		29,283		4,618,222
ServiceNow, Inc. (a)		5,967		1,710,023
Visa, Inc. - Class A		17,913		2,886,142
				13,013,248
Technology Hardware & Equipment - 4.4%
Apple, Inc.		9,171		2,332,094
FLIR Systems, Inc.		24,970		796,293
Zebra Technologies Corp. - Class A (a)		6,865		1,260,414
				4,388,801

SEGALL BRYANT & HAMILL ALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.8% (Continued)	Shares		Value
Materials - 4.9%
Materials - 4.9%
Avery Dennison Corp.		15,084	$	1,536,607
FMC Corp.		23,967		1,957,864
Franco-Nevada Corp. (Canada)		13,966		1,389,897
				4,884,368
Investments at Value - 97.8% (Cost $85,433,956)			$	97,570,899
Other Assets in Excess of Liabilities - 2.2%				2,244,286
Net Assets - 100.0%			$	99,815,185

^(a) Non-income producing security.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 96.9%	Shares		Value
Communication Services - 6.1%
Media & Entertainment - 1.2%
BAIOO Family Interactive, Ltd. (China)		382,000	$	48,781
Chinese Universe Publishing and Media Group Co., Ltd. (China)		50,800		85,720
Jagran Prakashan, Ltd. (India)		43,811		26,542
Major Cineplex Group PLC (Thailand)		35,200		14,417
NetDragon Websoft Holdings, Ltd. (China)		48,500		115,887
Sun TV Network, Ltd. (India)		2,765		10,440
				301,787
Telecommunication Services - 4.9%
Advanced Info Service PCL (Thailand)		16,000		97,133
América Móvil S.A.B. de C.V. - Class L ADR (Mexico)		6,500		76,570
APT Satellite Holdings, Ltd. (China)		76,000		23,961
Bharti Infratel, Ltd. (India)		14,092		29,889
China Mobile, Ltd. (China)		57,000		427,179
China Unicom Hong Kong, Ltd. (China)		198,000		115,485
Etihad Etisalat Co. (Saudi Arabia) (a)		13,548		77,728
Globe Telecom, Inc. (Philippines)		2,825		107,166
KT Corp. ADR (South Korea)		13,000		101,140
MTN Group, Ltd. (South Africa)		8,496		22,770
Telekom Malaysia Bhd (Malaysia)		69,300		60,409
TIM Participacoes S.A. ADR (Brazil)		5,000		60,800
Total Access Communication PCL (Thailand)		10,800		13,370
Turk Telekomunikasyon A.S. (Turkey) (a)		19,484		19,725
				1,233,325
Consumer Discretionary - 9.5%
Automobiles & Components - 2.8%
Astra Otoparts Tbk P.T. (Indonesia)		166,200		8,000
BAIC Motor Corp., Ltd. - H Shares (China) (a)		32,000		12,588
Grupo Industrial Saltillo S.A.B. de C.V. (Mexico)		16,071		14,228
Hankook Tire & Technology Co., Ltd. (South Korea)		854		13,474
Hyundai Mobis Co., Ltd. (South Korea)		578		79,879
Iron Force Industrial Co., Ltd. (Taiwan)		8,000		19,131
Kia Motors Corp. (South Korea)		7,178		150,948
Korea Autoglass Corp. (South Korea)		2,202		22,385
Maharashtra Scooters, Ltd. (India)		1,264		34,240

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Consumer Discretionary - 9.5% (Continued)
Automobiles & Components - 2.8% (Continued)
Metair Investments, Ltd. (South Africa)		21,825	$	16,848
Motus Holdings, Ltd. (South Africa)		3,819		5,829
Nexen Tire Corp. (South Korea)		2,393		9,162
Oriental Holdings Bhd (Malaysia)		22,300		25,871
Qingling Motors Co., Ltd. - H Shares (China)		356,000		72,399
S&T Motiv Co., Ltd. (South Korea)		409		9,219
Somboon Advance Technology PCL (Thailand)		28,200		6,786
Thai Stanley Electric PCL (Thailand)		6,638		25,081
Tong Yang Industry Co., Ltd. (Taiwan)		15,000		15,743
Tupy S.A. (Brazil)		20,000		50,513
TYC Brother Industrial Co., Ltd. (Taiwan)		17,000		11,330
Xingda International Holdings, Ltd. (China)		407,000		98,778
				702,432
Consumer Durables & Apparel - 1.7%
361 Degrees International, Ltd. (China)		639,000		103,772
Dom Development S.A. (Poland)		892		15,527
Fulgent Sun International Holding Co., Ltd. (Taiwan)		6,000		16,544
Handsome Co., Ltd. (South Korea)		905		14,366
KPR Mill, Ltd. (India)		1,801		8,073
Oriental Weavers (Egypt)		42,240		14,439
Saha-Union PCL (Thailand)		22,400		22,895
TCL Electronics Holdings, Ltd. (China)		260,000		107,971
Vestel Beyaz Esya Sanayi ve Ticaret A.S. (Turkey)		23,667		57,895
Weiqiao Textile Co. - H Shares (China)		237,795		46,009
Youngone Corp. (South Korea)		598		10,937
				418,428
Consumer Services - 1.0%
Ajisen China Holdings, Ltd. (China) (a)		51,000		12,239
Berjaya Sports Toto Bhd (Malaysia)		45,500		24,249
Genting Bhd (Malaysia)		13,800		11,949
Shenzhen Overseas Chinese Town Co., Ltd. - Class A (China)		238,700		213,274
				261,711
Media - 2.2%
Astro Malaysia Holdings Bhd (Malaysia)		145,100		28,348
DB Corp., Ltd. (India)		6,711		7,093

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Consumer Discretionary - 9.5% (Continued)
Media - 2.2% (Continued)
KT Skylife Co., Ltd. (South Korea)		6,704	$	33,251
Media Nusantara Citra Tbk P.T. (Indonesia)		2,172,200		120,112
Naspers, Ltd. - N Shares (South Africa)		2,456		348,869
				537,673
Retailing - 1.8%
China Yongda Automobiles Services Holdings, Ltd. (China)		41,000		33,006
Hyundai Home Shopping Network Corp. (South Korea)		172		8,153
Maoye International Holdings, Ltd. (China)		787,000		35,764
MBM Resources Bhd (Malaysia)		20,200		12,851
Mitra Pinasthika Mustika Tbk P.T. (Indonesia)		236,300		6,653
Pou Sheng International Holdings, Ltd. (China) (a)		478,000		96,823
PTG Energy PCL (Thailand)		28,500		8,341
Shanghai Yuyuan Tourist Mart Group Co., Ltd. - Class A (China) (a)		15,200		15,626
Vipshop Holdings, Ltd. ADR (China) (a)		15,600		243,048
				460,265
Consumer Staples - 6.1%
Food & Staples Retailing - 0.3%
Cosco Capital, Inc. (Philippines)		634,600		59,244
Wal-Mart de Mexico S.A.B de C.V. (Mexico)		5,800		13,632
				72,876
Food, Beverage & Tobacco - 5.7%
Astral Foods, Ltd. (South Africa)		7,225		77,512
Balrampur Chini Mills, Ltd. (India)		80,622		110,506
Cia Pesquera Camanchaca S.A. (Chile) (a)		241,136		13,608
Daesang Corp. (South Korea)		5,674		78,371
Daesang Holdings Co., Ltd. (South Korea)		3,702		15,778
Eastern Co. SAE (Egypt)		30,084		23,500
Fujian Sunner Development Co., Ltd. - Class A (China) (a)		16,900		55,879
Godfrey Phillips India, Ltd. (India)		1,805		22,288
Hey Song Corp. (Taiwan)		29,000		28,580
Industrias Bachoco S.A. de C.V. - Series B (Mexico)		41,700		118,628
ITC, Ltd. (India)		5,760		13,026
JBS S.A. (Brazil)		51,800		202,824
Jiangxi Zhengbang Technology Co., Ltd. - Class A (China)		27,000		72,024

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Consumer Staples - 6.1% (Continued)
Food, Beverage & Tobacco - 5.7% (Continued)
Keck Seng Malaysia Bhd (Malaysia)		15,800	$	13,071
Marfrig Global Foods S.A. (Brazil) (a)		7,500		12,778
Multiexport Foods S.A. (Chile)		130,792		34,815
Muyuan Foodstuff Co., Ltd. - Class A (China)		7,600		129,920
New Hope Liuhe Co., Ltd. - Class A (China)		27,400		120,051
Orion Holdings Corp. (South Korea)		11,790		116,173
Sao Martinho S.A. (Brazil)		4,000		11,381
Thaifoods Group PCL (Thailand)		597,804		56,662
Tingyi Holding Corp. (China)		12,000		19,510
Tunas Baru Lampung Tbk P.T. (Indonesia)		2,049,052		60,704
Want Want China Holdings, Ltd. (China)		29,000		20,913
				1,428,502
Household & Personal Products - 0.1%
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S. (Turkey)		33,087		23,707
Energy - 5.3%
Energy - 5.3%
Adaro Energy Tbk P.T. (Indonesia)		411,600		24,614
Bharat Petroleum Corp., Ltd. (India)		11,698		49,097
Bukit Asam Tbk P.T. (Indonesia)		123,800		16,376
China Coal Energy Co., Ltd. - H Shares (China)		88,000		24,205
China Shenhua Energy Co., Ltd. - H Shares (China)		10,500		19,840
China Suntien Green Energy Corp., Ltd. - H Shares (China)		229,000		39,650
CNOOC, Ltd. (China)		118,000		122,624
Coal India, Ltd. (India)		26,200		48,283
Cosan S.A. (Brazil)		5,000		51,745
E1 Corp. (South Korea)		299		6,690
Ecopetrol S.A. ADR (Colombia)		1,500		14,265
Exxaro Resources, Ltd. (South Africa)		10,669		58,456
Gazprom Neft PJSC (Russia)		4,940		18,755
Indian Oil Corp., Ltd. (India)		35,040		37,807
Kunlun Energy Co., Ltd. (China) (a)		32,000		18,493
Lubelski Wegiel Bogdanka S.A. (Poland)		4,768		20,513
LUKOIL PJSC ADR (Russia)		3,557		210,432

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Energy - 5.3% (Continued)
Energy - 5.3% (Continued)
Oil & Natural Gas Corp., Ltd. (India)		38,850	$	34,884
Oil India, Ltd. (India)		11,662		12,697
Petroleo Brasileiro S.A. ADR (Brazil)		7,300		40,150
Petronet LNG, Ltd. (India)		17,921		47,451
PTT Exploration & Production PCL (Thailand)		39,500		80,496
PTT PCL (Thailand)		57,700		53,411
Rosneft Oil Co. PJSC (Russia)		30,840		120,691
Shaanxi Coal Industry Co., Ltd. - Class A (China)		21,200		22,130
Shanxi Lu'an Environmental Energy Development Co., Ltd. - Class A (China)		23,000		18,746
Shanxi Xishan Coal & Electricity Power Co., Ltd. - Class A (China)		20,900		14,152
United Tractors Tbk P.T. (Indonesia)		21,900		22,570
Yanzhou Coal Mining Co., Ltd. - Class A (China)		14,700		17,740
Yanzhou Coal Mining Co., Ltd. - H Shares (China)		76,000		58,875
				1,325,838
Financials - 21.5%
Banks - 13.4%
Absa Group, Ltd. (South Africa)		13,679		56,882
Alinma Bank (Saudi Arabia) (a)		7,914		43,259
Banco Bradesco S.A. (Brazil)		16,020		58,008
Banco do Brasil S.A. (Brazil)		23,200		124,559
Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santand ADR (Mexico)		14,800		47,952
Banestes S.A. Banco do Estado do Espirito Santo (Brazil)		33,300		32,244
Bank CIMB Niaga Tbk P.T. (Indonesia)		1,080,900		40,662
Bank of Ayudhya PCL (Thailand)		15,113		8,720
Bank of Beijing Co., Ltd. - Class A (China)		32,600		22,144
Bank of Chongqing Co., Ltd. - H Shares (China) (a)		106,000		52,976
Bank of Guiyang Co., Ltd. - Class A (China)		27,700		29,795
Bank of Nanjing Co., Ltd. - Class A (China)		98,500		100,188
Bank of Zhengzhou Co., Ltd. - H Shares (China)		47,000		13,561
Bank Pembangunan Daerah Jawa Timur Tbk P.T. (Indonesia)		1,492,700		40,181
Banque Saudi Fransi (Saudi Arabia) (a)		6,010		41,186
BIMB Holdings Bhd (Malaysia)		53,000		39,724

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Financials - 21.5% (Continued)
Banks - 13.4% (Continued)
BNK Financial Group, Inc. (South Korea)		11,734	$	42,543
Can Fin Homes, Ltd. (India)		10,038		37,108
China CITIC Bank Corp., Ltd. - H Shares (China)		640,000		314,733
China Construction Bank Corp. - H Shares (China)		169,000		137,373
China Everbright Bank Co., Ltd. - H Shares (China)		390,000		148,356
China Minsheng Banking Corp., Ltd. - Class A (China) (a)		145,592		116,879
China Minsheng Banking Corp., Ltd. - H Shares (China)		61,000		45,119
Commercial Bank of Qatar (Qatar)		175,707		186,946
Credit Agricole Egypt SAE (Egypt)		24,842		46,518
CTBC Financial Holding Co., Ltd. (Taiwan)		24,000		14,115
Dubai Islamic Bank PJSC (United Arab Emirates)		47,689		46,577
East West Banking Corp. (Philippines) (a)		68,682		10,396
EnTie Commercial Bank Co., Ltd. (Taiwan)		43,000		18,362
Hana Financial Group, Inc. (South Korea)		4,703		88,398
JB Financial Group Co., Ltd. (South Korea)		13,180		48,174
KB Financial Group, Inc. ADR (South Korea)		1,800		48,942
LIC Housing Finance, Ltd. (India)		2,804		8,707
National Bank of Greece S.A. (Greece) (a)		40,252		53,066
Nedbank Group, Ltd. (South Africa)		2,682		12,389
OTP Bank Nyrt (Hungary)		360		10,315
Postal Savings Bank of China Co., Ltd. - H Shares, 144A (China) (b)		182,000		110,810
Powszechna Kasa Oszczednosci Bank Polski S.A. (Poland)		10,750		58,354
RHB Bank Bhd (Malaysia)		89,900		97,923
Riyad Bank (Saudi Arabia)		66,604		264,222
Sberbank of Russia PJSC (Russia)		54,440		126,374
Shinhan Financial Group Co., Ltd. ADR (South Korea)		3,400		79,254
SinoPac Financial Holdings Co., Ltd. (Taiwan)		572,000		208,188
Standard Bank Group, Ltd. (South Africa)		3,124		17,871
Thanachart Capital PCL (Thailand)		78,100		78,654
Turkiye Sinai Kalkinma Bankasi A.S. (Turkey) (a)		213,326		30,318
VTB Bank PJSC (Russia)		184,130,000		75,083
				3,334,108
Diversified Financials - 4.0%
Adira Dinamika Multi Finance Tbk P.T. (Indonesia)		155,200		68,136

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Financials - 21.5% (Continued)
Diversified Financials - 4.0% (Continued)
Alexander Forbes Group Holdings, Ltd. (South Africa)		34,244	$	8,191
Concentradora Hipotecaria SAPI de C.V. (Mexico)		22,700		16,163
Corporacion Financiera Colombiana S.A. (Colombia) (a)		14,940		94,989
Credito Real S.A.B. de C.V. Sofom ER (Mexico)		52,000		38,561
Gentera S.A.B. de C.V. (Mexico)		40,500		15,469
Hyundai Motor Securities Co., Ltd. (South Korea)		1,416		8,055
Jih Sun Financial Holding Co., Ltd. (Taiwan)		448,712		130,083
Jinke Property Group Co., Ltd. - Class A (China)		16,900		18,868
KRUK S.A. (Poland)		397		6,275
Kyobo Securities Co., Ltd. (South Korea)		2,765		13,308
Manappuram Finance, Ltd. (India)		22,829		28,463
Meritz Financial Group, Inc. (South Korea)		1,702		14,334
Muthoot Finance, Ltd. (India)		25,861		209,942
OSK Holdings Bhd (Malaysia)		241,800		39,849
Power Finance Corp., Ltd. (India)		57,087		69,134
REC, Ltd. (India)		128,352		150,679
Tata Investment Corp., Ltd. (India)		4,663		40,878
Yuanta Financial Holding Co., Ltd. (Taiwan)		66,000		33,656
				1,005,033
Insurance - 4.1%
AvivaSA Emeklilik Ve Hayat A.S. (Turkey)		7,027		14,119
Bangkok Life Assurance PCL (Thailand) (a)		28,229		10,175
China Life Insurance Co., Ltd. - H Shares (China)		14,000		27,035
Liberty Holdings, Ltd. (South Africa)		5,997		22,085
Momentum Metropolitan Holdings, Ltd. (South Africa)		23,945		20,862
New China Life Insurance Co., Ltd. - H Shares (China)		57,300		176,439
People's Insurance Co. Group of China (The) - H Shares (China) (a)		570,000		186,709
PICC Property & Casualty Co., Ltd. - H Shares (China)		158,000		151,299
Ping An Insurance Group Co. of China, Ltd. - H Shares (China)		32,000		312,524
RiseSun Real Estate Development Co., Ltd. - Class A (China)		13,300		14,432
Shinkong Insurance Co., Ltd. (Taiwan)		66,000		73,075
Syarikat Takaful Malaysia Keluarga Bhd (Malaysia)		12,900		9,735
Wiz Solucoes e Corretagem de Seguros S.A. (Brazil)		6,100		10,592
				1,029,081

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Health Care - 3.2%
Healthcare Equipment & Services - 0.5%
Qualicorp Consultoria e Corretora de Seguros S.A. (Brazil)		11,900	$	54,063
Sinopharm Group Co., Ltd. - H Shares (China)		4,400		9,749
Value Added Technology Co., Ltd. (South Korea)		2,977		52,276
				116,088
Pharmaceuticals, Biotechnology & Life Sciences - 2.7%
Celltrion, Inc. (South Korea) (a)		117		21,742
China Medical System Holdings, Ltd. (China)		178,000		190,420
China Shineway Pharmaceutical Group, Ltd. (China) (a)		146,000		108,913
Chongqing Zhifei Biological Products Co., Ltd. - Class A (China)		5,200		49,376
Granules India, Ltd. (India)		113,578		212,026
JB Chemicals & Pharmaceuticals, Ltd. (India)		3,049		20,320
Wens Foodstuff Group Co., Ltd. - Class A (China)		19,300		87,403
				690,200
Industrials - 5.5%
Capital Goods - 4.7%
Allied Electronics Corp., Ltd. - Class A (South Africa)		15,066		15,711
AntarChile S.A. (Chile)		1,860		12,822
Balmer Lawrie & Co., Ltd. (India)		9,234		9,666
BizLink Holding, Inc. (Taiwan) (a)		3,000		16,102
Chicony Power Technology Co., Ltd. (Taiwan)		13,000		22,513
China Lesso Group Holdings, Ltd. (China)		69,000		89,328
China Machinery Engineering Co. - H Shares (China)		52,000		13,928
China Railway Construction Corp., Ltd. - H Shares (China)		18,000		19,901
China State Construction International Holdings, Ltd. (China)		58,000		42,536
Chongqing Machinery & Electric Co., Ltd. - H Shares (China)		178,000		10,098
Concord New Energy Group, Ltd. (China)		1,160,000		43,920
CyberPower Systems, Inc. (Taiwan)		5,000		11,991
Daelim Industrial Co., Ltd. (South Korea)		1,345		80,572
DMCI Holdings, Inc. (Philippines)		168,800		12,525
Dogan Sirketler Grubu Holdings A.S. (Turkey)		85,251		19,720
Engineers India, Ltd. (India)		11,607		9,242
Famur S.A. (Poland)		25,074		13,474
Ferreycorp S.A.A. (Peru)		34,208		12,557
Fosun International, Ltd. (China)		22,000		25,256
Gunkul Engineering PCL (Thailand)		336,000		22,442

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Industrials - 5.5% (Continued)
Capital Goods - 4.7% (Continued)
HDC Hyundai Development Co. Engineering & Construction - Class E (South Korea)		2,175	$	27,627
Hong Leong Industries Bhd (Malaysia)		7,200		12,591
Hyundai Development Co. (South Korea)		1,973		11,877
iMarketKorea, Inc. (South Korea)		3,616		26,734
Iochpe-Maxion S.A. (Brazil)		13,500		28,639
IRB Infrastructure Developers, Ltd. (India) (a)		17,955		12,607
Korea Electric Terminal Co., Ltd. (South Korea)		517		10,252
Kumho Industrial Co., Ltd. (South Korea)		2,081		10,620
Lonking Holdings, Ltd. (China)		50,000		14,785
MMC Corp. Bhd (Malaysia)		68,300		9,517
Sany Heavy Industry Co., Ltd - Class A (China)		13,800		33,187
Shanghai Industrial Holdings, Ltd. (China)		8,000		11,983
Sime Darby Bhd (Malaysia)		123,700		48,753
Sinotruk Hong Kong, Ltd. (Hong Kong)		108,000		177,405
Walsin Lihwa Corp. (Taiwan)		104,000		37,512
Weichai Power Co., Ltd. - Class A (China)		11,200		18,622
Weichai Power Co., Ltd. - H Shares (China)		96,000		152,919
Wijaya Karya Persero Tbk P.T. (Indonesia)		123,300		6,251
Zhengzhou Coal Mining Machinery Group Co., Ltd. - H Shares (China)		35,600		13,205
				1,169,390
Commercial & Professional Services - 0.1%
KEPCO Plant Service & Engine Co., Ltd. (South Korea)		586		13,909
Transportation - 0.7%
Aegean Airlines S.A. (Greece)		2,005		9,051
Allcargo Logistics, Ltd. (India)		12,541		9,620
Anhui Expressway Co., Ltd. - H Shares (China)		24,000		11,788
Cebu Air, Inc. (Philippines)		25,220		22,450
Controladora Vuela Cia de Aviacion S.A.B de C.V. ADR (Mexico) (a)		3,400		11,662
Gujarat Pipavav Port, Ltd. (India)		14,018		11,208
Hyundai Glovis Co., Ltd. (South Korea)		283		20,923
Lingkaran Trans Kota Holdings Bhd (Malaysia)		14,900		12,720

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Industrials - 5.5% (Continued)
Transportation - 0.7% (Continued)
Pegasus Hava Tasimaciligi A.S. (Turkey) (a)		1,638	$	8,413
Shenzhen Expressway Co., Ltd. - H Shares (China)		14,000		14,154
Shipping Corp. of India, Ltd. (India) (a)		20,091		9,904
Sociedad Matriz SAAM S.A. (Chile) (a)		269,467		15,428
STP&I Public Co., Ltd. (Thailand)		162,300		17,261
Wisdom Marine Lines Co., Ltd. (Taiwan) (a)		17,000		12,130
				186,712
Information Technology - 27.4%
Semiconductors & Semiconductor Equipment - 5.3%
Chipbond Technology Corp. (Taiwan)		18,000		29,113
ChipMOS Technologies, Inc. (Taiwan)		15,000		13,106
DB HiTek Co., Ltd. (South Korea)		1,282		22,374
GlobalWafers Co., Ltd. (Taiwan)		8,000		89,255
King Yuan Electronics Co., Ltd. (Taiwan)		22,000		21,817
Power Logics Co., Ltd. (South Korea)		2,021		10,783
Powertech Technology, Inc. (Taiwan)		41,000		115,972
Radiant Opto-Electronics Corp. (Taiwan)		14,000		36,184
Sino-American Silicon Products, Inc. (Taiwan)		6,000		15,340
SK Hynix, Inc. (South Korea)		517		34,919
Taiwan Semiconductor Manufacturing Co., Ltd. ADR (Taiwan)		18,800		898,452
Topco Scientific Co., Ltd (Taiwan) (a)		5,000		14,817
United Microelectronics Corp. (Taiwan)		84,000		37,617
				1,339,749
Software & Services - 13.4%
Alibaba Group Holding, Ltd. ADR (China) (a)		7,900		1,536,392
China Literature, Ltd. (China) (a)		24		94
Firstsource Solutions, Ltd. (India)		24,162		8,750
HCL Technologies, Ltd. (India)		64,377		372,414
International Games System Co., Ltd. (Taiwan)		3,000		54,019
Momo, Inc. ADR (China)		3,300		71,577
Sonata Software, Ltd. (India)		3,627		7,930
Tencent Holdings, Ltd. (China)		25,600		1,265,362
Wipro, Ltd. ADR (India)		10,166		31,515
				3,348,053

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Information Technology - 27.4% (Continued)
Technology Hardware & Equipment - 8.7%
Catcher Technology Co., Ltd. (Taiwan)		4,000	$	25,556
Chang Wah Electromaterials, Inc. (Taiwan)		3,000		13,383
Cheng Uei Precision Industry Co., Ltd. (Taiwan)		17,000		16,233
Chicony Electronics Co., Ltd. (Taiwan)		11,000		27,431
FLEXium Interconnect, Inc. (Taiwan)		6,000		18,674
Foxconn Technology Co., Ltd. (Taiwan)		18,000		29,278
Hon Hai Precision Industry Co., Ltd. (Taiwan)		72,000		165,563
Kingboard Holdings, Ltd. (China) (a)		6,000		13,909
Kingboard Laminates Holdings, Ltd. (China) (a)		14,500		13,268
Legend Holdings Corp. - H Shares (China) (a)		88,000		107,613
Mitac Holdings Corp. (Taiwan)		21,850		19,485
Nanjing Panda Electronics Co., Ltd. - H Shares (China)		308,000		205,497
Partron Co., Ltd. (South Korea)		3,085		19,022
Pegatron Corp. (Taiwan)		36,000		68,615
Redington India, Ltd. (India)		14,224		12,869
Samsung Electronics Co., Ltd. (South Korea)		24,112		936,638
SFA Engineering Corp. (South Korea)		1,042		26,309
Spigen Korea Co., Ltd. (South Korea)		576		15,554
Taiwan PCB Techvest Co., Ltd. (Taiwan)		16,000		15,144
Tongda Group Holdings, Ltd. (China)		310,000		17,446
Trigiant Group, Ltd. (China) (a)		84,000		13,719
Tripod Technology Corp. (Taiwan)		12,000		37,284
Unimicron Technology Corp. (Taiwan)		24,000		25,159
VS Industry Bhd (Malaysia)		51,600		9,088
Wasion Holdings, Ltd. (Hong Kong)		277,460		94,530
Wistron Corp. (China)		203,000		163,914
Zhen Ding Technology Holdings, Ltd. (Taiwan)		19,000		57,995
				2,169,176
Materials - 6.9%
Materials - 6.9%
African Rainbow Minerals, Ltd. (South Africa)		2,828		15,661
Anglo American Platinum, Ltd. (South Africa)		337		14,071
AngloGold Ashanti, Ltd. ADR (South Africa)		1,600		26,608
Anhui Conch Cement Co., Ltd. - Class A (China)		10,800		82,832
Anhui Conch Cement Co., Ltd. - H Shares (China)		13,500		92,741

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Materials - 6.9% (Continued)
Materials - 6.9% (Continued)
Asia Cement Corp. (Taiwan)		96,000	$	124,492
Asia Paper Manufacturing Co., Ltd. (South Korea)		571		12,554
Birla Corp., Ltd. (India)		2,139		11,728
Castrol India, Ltd. (India)		15,688		20,671
Chia Hsin Cement Corp. (Taiwan)		31,000		15,460
China Hongqiao Group, Ltd. (China)		41,500		17,539
China Lumena New Materials Corp. (China) (a) (c)		1,700		0
China Metal Products Co., Ltd. (Taiwan)		14,000		10,394
China Metal Recycling Holdings, Ltd. (China) (a) (c)		6,000		0
China National Building Material Co., Ltd. - H Shares (China)		84,000		90,243
China Resources Cement Holdings, Ltd. (China)		28,000		32,896
Cia Ferro Ligas de Bahia - Ferbasa (Brazil)		7,600		18,976
Cia Siderurgica Nacional S.A. (Brazil)		36,100		48,507
Deepak Nitrite, Ltd. (India)		4,093		20,746
Empresa Siderurgica del Peru S.A.A. (Peru)		67,009		13,666
ENF Technology Co., Ltd. (South Korea)		742		13,498
Fufeng Group, Ltd. (China) (a)		60,000		20,507
GHCL, Ltd. (India)		29,882		35,250
Grupo Mexico S.A.B de C.V. - Series B (Mexico)		45,500		83,900
Hanil Holdings Co., Ltd. (South Korea)		405		11,302
Hansol Paper Co., Ltd. (South Korea)		1,068		9,118
Harmony Gold Mining Co., Ltd. ADR (South Africa) (a)		8,400		18,312
HeidelbergCement India, Ltd. (India)		5,904		11,050
Hyosung Corp. (South Korea)		425		21,161
Impala Platinum Holdings, Ltd. (South Africa)		6,342		26,412
J. K. Cement, Ltd. (India)		1,004		12,462
Jindal Saw, Ltd. (India)		15,518		9,438
KGHM Polska Miedz S.A. (Poland) (a)		1,621		23,170
Korea Petrochemcial Industry Co., Ltd. (South Korea)		158		11,229
Kukdo Chemical Co., Ltd. (South Korea)		499		15,789
LOTTE Fine Chemical Co., Ltd. (South Korea)		423		10,681
MMC Norilsk Nickel PJSC (Russia)		310		75,124
Nickel Asia Corp. (Philippines)		503,000		15,397
Nizhnekamskneftekhim PJSC (Russia)		26,725		32,236
NMDC, Ltd. (India)		48,687		51,099

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Materials - 6.9% (Continued)
Materials - 6.9% (Continued)
Polyplex Thailand PCL (Thailand)		61,397	$	17,438
Saudi Industrial Investment Group (Saudi Arabia)		26,293		109,954
Shinkong Synthetic Fibers Corp. (Taiwan)		49,000		16,142
Sibanye-Stillwater, Ltd. ADR (South Africa) (a)		5,100		24,072
SK Discovery Co., Ltd. (South Korea)		785		13,542
Soulbrain Co., Ltd. (South Korea)		246		12,602
Tailim Packaging Co., Ltd. (South Korea)		3,420		8,809
Taiwan Cement Corp. (Taiwan)		117,235		152,071
Tipco Asphalt PCL (Thailand)		28,500		14,782
Vale S.A. ADR (Brazil)		7,474		61,959
Vedanta, Ltd. ADR (India)		8,500		30,260
Vinythai PCL (Thailand)		24,000		12,854
West China Cement, Ltd. (China)		166,000		25,525
Xiwang Special Steel Co., Ltd. (China)		96,000		5,538
YFY, Inc. (Taiwan)		86,000		32,652
Young Poong Corp. (South Korea)		38		14,924
				1,730,044
Real Estate - 3.2%
Real Estate - 3.2%
China Aoyuan Group, Ltd. (China)		130,000		149,789
China Fortune Land Development Co., Ltd. - Class A (China)		3,800		11,078
China Vanke Co., Ltd. - H Shares (China)		10,200		33,220
Country Garden Holdings Co., Ltd. (China)		45,000		53,799
Delta Property Fund, Ltd. (South Africa)		267,778		4,143
Develia S.A. (Poland)		27,225		12,432
Dongwon Development Co., Ltd. (South Korea)		3,882		10,374
Emaar Malls PJSC (United Arab Emirates) (a)		50,859		14,675
Emaar Properties PJSC (United Arab Emirates)		29,955		17,791
Farglory Land Development Co., Ltd. (Taiwan)		13,000		16,235
Filinvest Land, Inc. (Philippines)		617,000		11,014
Gemdale Corp. - Class A (China)		9,600		18,950
Greenland Holdings Corp., Ltd. - Class A (China)		16,300		12,358
Jaya Real Property Tbk P.T. (Indonesia)		430,200		10,213
JHSF Participacoes S.A. (Brazil) (a)		10,400		7,007
Kingdom Development Co., Ltd. (Taiwan)		19,000		14,278

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Real Estate - 3.2% (Continued)
Real Estate - 3.2% (Continued)
KWG Group Holdings, Ltd. (China) (a)		12,500	$	17,768
L.P.N. Development PCL (Thailand)		72,500		7,238
Logan Property Holdings Co., Ltd. (China)		40,000		60,848
Matrix Concepts Holdings Bhd (Malaysia)		99,375		36,130
Noble Development PCL (Thailand)		19,700		7,168
Origin Property PCL (Thailand)		69,600		7,502
Poly Developments and Holdings Group Co., Ltd. - Class A (China)		9,000		18,757
SA Corporate Real Estate, Ltd. (South Africa) (a)		112,674		7,115
Seazen Group, Ltd. (China) (a)		46,000		40,997
Shenzhen Investment, Ltd. (China)		40,000		12,390
SK D&D Co., Ltd. (South Korea)		718		14,707
Sunac China Holdings, Ltd. (China)		29,000		132,264
Supalai PCL (Thailand)		23,200		10,527
Times China Holdings, Ltd. (China)		15,000		24,718
				795,485
Utilities - 2.2%
Utilities - 2.2%
AES Gener S.A. (Chile)		87,831		10,673
China Resources Power Holdings Co., Ltd. (China)		54,000		59,225
China Tian Lun Gas Holdings, Ltd. (China)		34,000		25,638
China Water Affairs Group, Ltd. (China)		118,000		88,127
Cia de Saneamento de Minas Gerais S.A. (Brazil)		1,400		11,023
Colbun S.A. (Chile)		116,663		12,677
Enel Americas S.A. ADR (Chile)		10,021		60,727
Enel Chile S.A. ADR (Chile)		7		23
Engie Energia Chile S.A. (Chile)		10,046		11,081
Federal Grid Co. Unified Energy System PJSC (Russia)		6,680,000		13,507
First Gen Corp. (Philippines)		56,300		18,229
First Philippine Holdings Corp. (Philippines)		11,370		10,743
Gujarat State Petronet, Ltd. (India)		5,416		12,381
Inter RAO UES PJSC (Russia)		646,000		39,731
Lopez Holdings Corp. (Philippines)		184,000		10,109
Mega First Corp. Bhd (Malaysia)		14,800		15,164
NTPC, Ltd. (India)		29,570		32,984

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 96.9% (Continued)	Shares		Value
Utilities - 2.2% (Continued)
Utilities - 2.2% (Continued)
OGK-2 PJSC (Russia)		2,185,000	$	15,885
Power Grid Corp. of India, Ltd. (India)		17,631		37,143
Ranhill Holdings Bhd (Malaysia)		56,000		11,769
SJVN, Ltd. (India)		49,022		13,503
Yunnan Water Investment Co., Ltd. - H Shares (China)		184,877		33,790
				544,132
Total Common Stocks (Cost $27,662,669)			$	24,237,704

PREFERRED STOCKS - 3.3%	Shares		Value
Communication Services - 0.1%
Telecommunication Services - 0.1%
Telefonica Brasil S.A. ADR (Brazil)		2,100	$	20,013
Energy - 0.4%
Energy - 0.4%
Petroleo Brasileiro S.A. (Brazil)		17,600		94,864
Financials - 0.6%
Banks - 0.6%
Itausa - Investimentos Itau S.A. (Brazil)		97,800		165,112
Information Technology - 2.0%
Technology Hardware & Equipment - 2.0%
Samsung Electronics Co., Ltd. (South Korea)		15,390		501,056

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
STATEMENT OF INVESTMENTS (Continued)
PREFERRED STOCKS - 3.3% (Continued)	Shares		Value
Utilities - 0.2%
Utilities - 0.2%
Cia de Saneamento do Parana (Brazil)		23,700	$	21,945
Cia Paranaense de Energia (Brazil)		2,000		20,598
				42,543
Total Preferred Stocks (Cost $995,709)			$	823,588
Investments at Value - 100.2% (Cost $28,658,378)			$	25,061,292
Liabilities in Excess of Other Assets - (0.2%)				(58,998	)
Net Assets - 100.0%			$	25,002,294

(a)	Non-income producing security.
(b)	Security was purchased in a transaction exempt from registration in compliance with Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. These securities are restricted. See the table on the following page for additional information regarding each restricted security.
(c)	Level 3 securities fair valued under procedures established by the Board of Trustees, represents 0.0% of net assets. The total value of these securities is $0.

Sector, industry and country classifications presented herein are based on the categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's classifications refer to any one or more of the classifications used by one or more widely recognized market indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND
Country Breakdown
March 31, 2020 (Unaudited)
Country	Value			% of Net Assets
China	$	8,868,447		35.5%
Taiwan		3,044,083		12.2%
South Korea		3,036,411		12.1%
India		2,064,013		8.3%
Hong Kong		1,433,675		5.7%
Brazil		1,208,300		4.8%
South Africa		820,669		3.3%
Russia		727,818		2.9%
Thailand		593,353		2.4%
Saudi Arabia		536,349		2.1%
Malaysia		519,711		2.1%
Mexico		436,765		1.7%
Indonesia		424,472		1.7%
Philippines		277,273		1.1%
Qatar		186,946		0.7%
Turkey		173,897		0.7%
Chile		171,854		0.7%
Poland		149,745		0.6%
Colombia		109,254		0.4%
Egypt		84,457		0.3%
United Arab Emirates		79,043		0.3%
Greece		62,117		0.3%
Peru		26,223		0.1%
United States		16,102		0.1%
Hungary		10,315		0.1%
Total Investments	$	25,061,292		100.2%
Liabilities in Excess of Other Assets		(58,998	)	(0.2%)
Net Assets	$	25,002,294		100.0%

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL EMERGING MARKETS FUND

RESTRICTED SECURITIES

March 31, 2020

Issuer Description	Acquisition Date	Cost		Value		Value as a Percentage of Net Assets
Postal Savings Bank of China Co., Ltd. - H Shares, 144A (China)	12/13/19-02/11/20	$	122,421	$	110,810	0.44%

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 97.5%	Shares		Value
Communication Services - 2.5%
Media & Entertainment - 0.4%
Cairo Communication S.p.A. (Italy)		108,641	$	187,839
DIP Corp. (Japan)		20,000		321,251
Hyve Group PLC (United Kingdom)		268,862		65,852
Wowow, Inc. (Japan)		3,357		74,554
				649,496
Telecommunication Services - 2.1%
Airtel Africa PLC (United Kingdom)		889,626		448,141
CITIC Telecom International Holdings, Ltd. (Hong Kong)		2,085,000		687,978
Orange Belgium S.A. (Belgium)		42,472		746,154
SpeedCast International, Ltd. (Australia) (a) (b)		55,059		19,594
Sunrise Communications Group A.G. (Switzerland) (a)		22,236		1,782,488
Telekom Austria A.G. (Austria)		36,250		252,882
				3,937,237
Consumer Discretionary - 13.7%
Automobiles & Components - 3.5%
Aisan Industry Co., Ltd. (Japan)		40,500		188,431
AKWEL (France)		7,015		81,923
CIE Automotive S.A. (Spain)		36,011		550,488
Daikyonishikawa Corp. (Japan)		78,664		358,850
Eagle Industry Co., Ltd. (Japan)		24,500		152,292
Faurecia S.E. (France)		22,428		656,222
Freni Brembo S.p.A. (Italy)		26,159		193,817
Futaba Industrial Co., Ltd. (Japan)		94,200		394,496
G-Tekt Corp. (Japan)		26,700		271,662
Kasai Kogyo Co., Ltd. (Japan)		47,831		233,081
MITSUBA Corp. (Japan) (a)		51,500		198,739
Piaggio & C. S.p.A. (Italy)		464,675		820,381
TI Fluid Systems PLC (United Kingdom) (a)		122,198		223,333
Tokai Rika Co., Ltd. (Japan)		37,500		463,637
Toyo Tire Corp. (Japan)		34,700		396,701
Toyota Boshoku Corp. (Japan)		38,200		451,855
TPR Co., Ltd. (Japan)		34,300		364,549
Xinyi Glass Holdings, Ltd. (Hong Kong)		352,000		401,941
				6,402,398

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Consumer Discretionary - 13.7% (Continued)
Consumer Durables & Apparel - 3.6%
Barratt Developments PLC (United Kingdom)		13,439	$	72,711
Cleanup Corp. (Japan)		15,900		78,173
Haseko Corp. (Japan)		185,400		1,971,847
Nobia A.B. (Sweden) (a)		69,469		246,524
Photo-Me International PLC (United Kingdom)		91,917		44,683
Pressance Corp. (Japan)		98,329		865,374
Redrow PLC (United Kingdom)		217,392		964,592
Starts Corp., Inc. (Japan)		5,499		101,907
Tamron Co., Ltd. (Japan)		46,700		782,895
Texwinca Holdings, Ltd. (Hong Kong)		1,270,000		202,979
Token Corp. (Japan) (a)		4,600		340,354
Vistry Group PLC (United Kingdom)		142,268		1,015,035
				6,687,074
Consumer Services - 1.2%
Gamesys Group PLC (United Kingdom) (a)		62,383		564,454
Kindred Group PLC (Sweden)		268,318		982,929
Marston's PLC (United Kingdom)		514,221		260,381
Mitchells & Butlers PLC (United Kingdom) (a)		33,109		74,114
SkyCity Entertainment Group, Ltd. (New Zealand)		200,021		220,576
				2,102,454
Media - 1.9%
Avex, Inc. (Japan)		57,300		452,159
Cineworld Group PLC (United Kingdom)		153,009		93,380
HT&E, Ltd. (Australia)		100,829		70,688
Mediaset Espana Comunicacion S.A. (Spain)		249,923		911,866
Metropole Television S.A. (France)		31,167		344,676
Proto Corp. (Japan)		66,000		523,873
Southern Cross Media Group, Ltd. (Australia) (b)		214,487		22,599
Television Francaise 1 (France) (a)		180,377		979,589
				3,398,830
Retailing - 3.5%
Accent Group, Ltd. (Australia)		257,968		124,663
Bilia A.B. - Class A (Sweden)		21,131		130,289
Canon Marketing Japan, Inc. (Japan)		45,490		899,820
CECONOMY A.G. (Germany) (a)		296,406		642,988

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Consumer Discretionary - 13.7% (Continued)
Retailing - 3.5% (Continued)
Chori Co., Ltd. (Japan)		7,000	$	99,385
Chow Sang Sang Holdings International, Ltd. (Hong Kong)		313,000		309,063
Clas Ohlson A.B. - B Shares (Sweden)		70,334		511,438
Delek Automotive Systems, Ltd. (Israel)		20,933		81,107
Dixons Carphone PLC (United Kingdom)		286,375		274,805
Europris A.S.A. (Norway) (a)		74,895		217,174
JB Hi-Fi, Ltd. (Australia)		7,663		131,910
Mekonomen A.B. (Sweden) (a)		17,159		76,662
Mobilezone Holding A.G. (Switzerland) (a)		11,185		96,246
N Brown Group PLC (United Kingdom)		142,235		25,995
PAL Group Holdings Co., Ltd. (Japan)		37,400		454,321
Super Retail Group, Ltd. (Australia)		260,183		744,020
T-Gaia Corp. (Japan)		14,432		272,900
Tokmanni Group Corp. (Finland)		28,812		285,463
VT Holdings Co., Ltd. (Japan)		122,800		332,443
World Co., Ltd. (Japan)		33,000		458,402
XEBIO Holdings Co., Ltd. (Japan)		42,100		346,607
				6,515,701
Consumer Staples - 7.3%
Food & Staples Retailing - 1.6%
Axial Retailing, Inc. (Japan)		9,799		359,472
Cawachi, Ltd. (Japan)		20,500		449,917
Conviviality PLC (United Kingdom) (a) (b)		284,313		0
Kesko OYJ - B Shares (Finland)		4,333		244,837
Metcash, Ltd. (Australia)		275,526		534,071
Nihon Chouzai Co., Ltd. (Japan)		23,990		367,383
Qol Holdings Co., Ltd. (Japan)		40,800		498,584
Sonae SGPS S.A. (Portugal)		212,145		137,387
Valor Holdings Co., Ltd. (Japan)		22,365		397,123
				2,988,774
Food, Beverage & Tobacco - 5.6%
Agrana Beteiligungs A.G. (Austria)		6,430		114,985

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Consumer Staples - 7.3% (Continued)
Food, Beverage & Tobacco - 5.6% (Continued)
Bumitama Agri, Ltd. (Indonesia)		278,642	$	76,403
Feed One Co., Ltd. (Japan)		131,846		183,968
Grieg Seafood A.S.A. (Norway)		72,636		670,897
J-Oil Mills, Inc. (Japan)		19,000		802,788
Marudai Food Co., Ltd. (Japan)		26,820		484,174
Morinaga Milk Industry Co., Ltd. (Japan)		37,900		1,461,976
Nippon Beet Sugar Manufacturing Co., Ltd. (Japan)		6,867		109,306
Nisshin OilliO Group, Ltd. (The) (Japan)		18,386		618,821
Origin Enterprises PLC (Ireland)		102,371		230,440
Prima Meat Packers, Ltd. (Japan)		32,100		726,771
Riken Vitamin Co., Ltd. (Japan)		8,200		166,571
Scandinavian Tobacco Group A/S (Denmark)		112,767		1,132,486
Schouw & Co. A/S (Denmark)		3,547		235,124
Select Harvest, Ltd. (Australia)		173,004		740,150
Starzen Co., Ltd. (Japan)		7,703		316,611
Strauss Group, Ltd. (Israel) (a)		7,990		209,534
Tate & Lyle PLC (United Kingdom)		226,231		1,842,337
Vilmorin & Cie S.A. (France)		2,164		85,684
				10,209,026
Household & Personal Products - 0.1%
Best World International, Ltd. (Singapore) (b)		88,900		66,916
Ontex Group N.V. (Belgium)		8,472		147,353
				214,269
Energy - 2.5%
Energy - 2.5%
Beach Energy, Ltd. (Australia)		761,611		530,648
BW LPG, Ltd. (Norway)		93,054		280,419
Delek Group, Ltd. (Israel)		1,659		43,348
Diversified Gas & Oil PLC (United Kingdom)		464,652		509,683
EnQuest PLC (United Kingdom) (a)		1,900,610		179,801
Euronav N.V. (Belgium)		137,408		1,562,745
Gulf Keystone Petroleum, Ltd. (United Kingdom)		51,887		43,545
Japan Petroleum Exploration Co., Ltd. (Japan)		18,600		304,846
RAIZNEXT Corp. (Japan)		37,180		418,914
Saras S.p.A. (Italy)		480,780		444,054

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Energy - 2.5% (Continued)
Energy - 2.5% (Continued)
Serica Energy PLC (United Kingdom) (a)		14,418	$	14,068
Tethys Oil A.B. (Sweden)		41,336		196,027
Z Energy, Ltd. (New Zealand)		90,791		155,190
				4,683,288
Financials - 9.8%
Banks - 3.5%
Akita Bank, Ltd. (The) (Japan)		10,100		145,308
Bank of Georgia Group PLC (United Kingdom)		18,469		209,837
Bank of Saga, Ltd. (The) (Japan)		12,100		128,474
BAWAG Group A.G. (Austria) (a)		37,393		1,042,283
Hiroshima Bank, Ltd. (The) (Japan)		133,200		554,652
Israel Discount Bank, Ltd. - Class A (Israel)		147,324		428,827
Miyazaki Bank, Ltd. (The) (Japan)		7,500		165,148
Norwegian Finans Holding A.S.A. (Norway) (a)		149,798		603,208
OneSavings Bank PLC (United Kingdom)		309,298		964,843
Ringkjoebing Landbobank A/S (Denmark)		1,550		85,780
San ju San Financial Group, Inc. (Japan)		15,965		220,605
Spar Nord Bank A/S (Denmark) (a)		44,881		270,985
SpareBank 1 Nord-Norge (Norway)		99,499		496,968
SpareBank 1 Ostlandet (Norway)		14,964		107,140
SpareBank 1 SMN (Norway)		95,100		605,187
Suruga Bank, Ltd. (Japan)		21,300		69,673
Tokyo Kiraboshi Financial Group, Inc. (Japan)		30,941		325,146
Towa Bank, Ltd. (The) (Japan)		26,200		152,034
				6,576,098
Diversified Financials - 5.2%
Amigo Holdings PLC (United Kingdom)		233,298		43,457
Anima Holding S.p.A. (Italy) (a)		381,411		1,012,772
Arrow Global Group PLC (United Kingdom)		180,188		236,219
Azimut Holdings S.p.A. (Italy)		70,873		1,007,938
B2Holding A.S.A. (Norway) (a)		522,770		180,712
doValue S.p.A. (Italy) (a)		12,963		79,353
DWS Group GmbH & Co. KGaA (Germany) (a)		41,356		1,003,291
First Pacific Co. (Hong Kong)		1,844,000		340,699
Hitachi Capital Corp. (Japan)		23,783		447,370

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Financials - 9.8% (Continued)
Diversified Financials - 5.2% (Continued)
International Personal Finance PLC (United Kingdom)		195,061	$	184,798
IOOF Holdings, Ltd. (Australia)		319,426		721,381
Pendal Group, Ltd. (Australia)		160,966		437,253
Resurs Holding A.B. (Sweden)		58,918		199,969
Strike Co., Ltd. (Japan) (a)		14,943		484,435
Sun Hung Kai & Co., Ltd. (Hong Kong)		1,072,000		401,440
TP ICAP PLC (United Kingdom)		402,135		1,674,051
Zenkoku Hosho Co., Ltd. (Japan)		34,243		1,077,496
				9,532,634
Insurance - 1.1%
ASR Nederland N.V. (Netherlands)		10,841		272,369
Coface S.A. (France) (a)		53,228		337,739
Menora Mivtachim Holdings, Ltd. (Israel)		10,499		118,237
Migdal Insurance and Financial Holdings, Ltd. (Israel)		261,004		135,419
Phoenix Group Holdings PLC (United Kingdom) (a)		59,124		454,194
Saga PLC (United Kingdom)		1,773,745		371,606
Unipol Gruppo S.p.A. (Italy) (a)		49,097		167,305
Wuestenrot & Wuerttembergische A.G. (Germany)		8,273		126,424
				1,983,293
Health Care - 8.4%
Healthcare Equipment & Services - 4.8%
Arjo A.B. - B Shares (Sweden)		37,451		185,059
Australian Pharmaceutical Industries, Ltd. (Australia)		773,522		594,835
BML, Inc. (Japan)		14,500		389,518
CVS Group PLC (United Kingdom)		87,265		895,087
Galenica A.G. (Switzerland)		30,369		2,072,416
Getinge A.B. - B Shares (Sweden)		32,827		620,651
Humana A.B. (Sweden) (a)		52,974		206,949
Korian S.A. (France) (a)		36,601		1,128,323
Mediclinic International PLC (United Kingdom)		323,858		1,073,450
NichiiGakkan Co., Ltd. (Japan)		16,360		155,950
NNIT A/S (Denmark)		11,459		144,576
Spire Healthcare Group PLC (United Kingdom) (a)		159,165		154,550
Summerset Group Holdings, Ltd. (New Zealand)		48,969		157,778

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Health Care - 8.4% (Continued)
Healthcare Equipment & Services - 4.8% (Continued)
Toho Holdings Co., Ltd. (Japan)		11,100	$	232,377
Virtus Health, Ltd. (Australia)		87,400		100,791
Vital KSK Holdings, Inc. (Japan)		65,900		669,107
				8,781,417
Pharmaceuticals, Biotechnology & Life Sciences - 3.6%
Almirall S.A. (Spain) (a)		11,557		133,571
Clinigen Group PLC (United Kingdom)		5,009		33,624
FAES Farma S.A. (Spain)		54,172		208,353
Fuso Pharmaceutical Industries, Ltd. (Japan)		6,000		116,113
Gerresheimer A.G. (Germany)		22,167		1,396,738
Hikma Pharmaceuticals PLC (United Kingdom)		21,588		543,380
Kaken Pharmaceutical Co., Ltd. (Japan)		20,600		960,364
Pharma Mar S.A. (Spain) (a)		27,619		129,946
Pharming Group N.V. (Netherlands) (a)		85,382		90,603
Recipharm A.B. (Sweden) (a)		86,442		874,198
Sawai Pharmaceutical Co., Ltd. (Japan)		17,200		921,660
Siegfried Holding A.G. (Switzerland) (a)		1,610		648,015
Towa Pharmaceutical Co., Ltd. (Japan)		29,373		614,021
				6,670,586
Industrials - 19.3%
Capital Goods - 14.1%
Bunka Shutter Co., Ltd. (Japan)		14,200		103,395
Chiyoda Integre Co., Ltd. (Japan)		7,510		111,373
Construcciones y Auxiliar de Ferrocarriles S.A. (Spain)		13,041		408,235
Danieli & C. Officine Meccaniche S.p.A. (Italy)		43,050		300,635
Deutz A.G. (Germany)		257,447		935,779
Fomento de Construcciones y Contratas S.A. (Spain)		25,582		208,307
Fuji Corp./Aichi (Japan)		40,900		619,509
Hazama Ando Corp. (Japan)		98,800		626,313
Implenia A.G. (Switzerland)		9,067		315,205
Inabata & Co., Ltd. (Japan)		68,200		740,150
Inwido A.B. (Sweden)		125,551		713,079
Johnson Electric Holdings, Ltd. (Hong Kong)		127,500		199,723
JOST Werke A.G. (Germany)		5,026		121,091
Kanamoto Co., Ltd. (Japan)		2,082		40,291

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Industrials - 19.3% (Continued)
Capital Goods - 14.1% (Continued)
Koninklijke BAM Groep N.V. (Netherlands) (a)		535,302	$	750,456
Kumagai Gumi Co., Ltd. (Japan)		55,000		1,265,977
Kyudenko Corp. (Japan)		21,700		584,701
Lindab International A.B. (Sweden) (a)		56,584		432,601
Maeda Corp. (Japan)		78,900		579,542
Maire Tecnimont S.p.A. (Italy)		100,293		154,883
Manitou BF S.A. (France)		8,328		125,802
Mersen S.A. (France)		22,237		404,693
Morgan Sindall Group PLC (United Kingdom)		19,350		285,444
Nichias Corp. (Japan)		32,900		610,535
Nippon Carbon Co., Ltd. (Japan)		24,300		719,662
Nippon Koei Co., Ltd. (Japan) (a)		19,300		524,751
Nippon Steel Trading Corp. (Japan)		16,200		546,196
Nishimatsu Construction Co., Ltd. (Japan)		40,797		778,977
NRW Holdings, Ltd. (Australia)		719,897		554,228
Peab A.B. - Class B (Sweden)		151,135		1,082,211
Penta-Ocean Construction Co., Ltd. (Japan)		154,400		808,478
PER Aarsleff Holdings A/S - Class B (Denmark)		26,327		576,641
Porr A.G. (Austria)		11,663		191,269
Sacyr S.A. (Spain)		124,059		187,663
Sanki Engineering Co., Ltd. (Japan)		66,840		748,362
Service Stream, Ltd. (Australia)		595,196		665,149
Shikun & Binui, Ltd. (Israel)		31,387		110,344
Shun Tak Holdings, Ltd. (Hong Kong)		2,370,000		801,272
Signify N.V. (Netherlands) (a)		65,362		1,265,755
Sinko Industries, Ltd. (Japan)		33,395		427,870
Sulzer A.G. (Switzerland)		1,299		80,877
Takasago Thermal Engineering Co., Ltd. (Japan)		45,200		691,216
Tekken Corp. (Japan)		24,182		523,814
TOA Corp. (Japan)		44,100		586,888
Toda Corp. (Japan)		117,000		675,307
Toenec Corp. (Japan)		8,680		253,904
Totetsu Kogyo Co., Ltd. (Japan)		15,050		403,538
Toyo Construction Co., Ltd. (Japan)		132,000		529,854
Travis Perkins PLC (United Kingdom)		15,766		171,552

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Industrials - 19.3% (Continued)
Capital Goods - 14.1% (Continued)
Uponor OYJ (Finland)		21,986	$	197,827
Veidekke A.S.A. (Norway) (a)		27,653		230,497
Yahagi Construction Co., Ltd. (Japan)		18,200		130,795
Yuasa Trading Co., Ltd. (Japan)		15,654		411,854
Zehnder Group A.G. (Switzerland) (a)		9,542		360,914
Zumtobel Group A.G. (Austria) (a)		14,761		97,258
				25,972,642
Commercial & Professional Services - 2.7%
Aggreko PLC (United Kingdom)		39,401		235,706
Babcock International Group PLC (United Kingdom)		211,308		998,222
Biffa PLC (United Kingdom)		143,238		314,327
Derichebourg S.A. (France)		129,132		353,007
Downer EDI, Ltd. (Australia)		220,211		402,208
Intertrust N.V. (Netherlands)		17,437		219,321
Intrum A.B. (Sweden)		63,932		846,713
Loomis A.B. (Sweden) (a)		67,781		1,371,901
Prosegur Cash S.A. (Spain)		23,681		22,462
Tanseisha Co., Ltd. (Japan)		13,300		89,400
				4,853,267
Transportation - 2.5%
Air New Zealand, Ltd. (New Zealand)		332,329		166,187
bpost S.A. (Belgium)		159,264		1,121,971
Compania de Distribucion Integral Logista Holdings S.A. (Spain)		7,669		123,013
CTT-Correios de Portugal S.A. (Portugal)		97,247		243,570
D/S Norden A/S (Denmark) (a)		16,328		182,122
Dart Group PLC (United Kingdom)		56,056		378,771
DFDS A/S (Denmark) (a)		3,211		72,259
Go-Ahead Group PLC (The) (United Kingdom) (a)		105,200		1,066,405
Golden Ocean Group, Ltd. (Norway)		32,492		101,130
Nobina A.B. (Sweden)		26,375		142,503
NS United Kaiun Kaisha, Ltd. (Japan)		11,300		144,697
Stagecoach Group PLC (United Kingdom)		957,078		820,354
Wallenius Wilhelmsen A.S.A. (Norway) (a)		97,687		92,697
				4,655,679

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Information Technology - 11.2%
Semiconductors & Semiconductor Equipment - 1.9%
ams A.G. (Switzerland) (a)		40,744	$	398,301
Dialog Semiconductor PLC (Germany) (a)		35,946		933,625
Elmos Semiconductor A.G. (Germany)		16,353		336,669
Nova Measuring Instruments, Ltd. (Israel) (a)		12,793		419,669
Siltronic A.G. (Germany)		9,991		722,227
Tower Semiconductor, Ltd. (Israel) (a)		41,171		647,532
				3,458,023
Software & Services - 3.9%
Avast PLC (United Kingdom)		135,841		657,377
Bravura Solutions, Ltd. (Australia)		101,256		235,672
Computacenter PLC (United Kingdom)		93,338		1,656,366
DTS Corp. (Japan)		44,600		774,439
Econocom Group S.A./N.V. (Belgium)		112,335		176,181
GFT Technologies S.E. (Germany)		33,101		275,169
GungHo Online Entertainment, Inc. (Japan)		60,170		838,750
Indra Sistemas S.A. (Spain) (a)		13,201		107,411
Integrated Research, Ltd. (Australia)		114,400		182,677
Link Administration Holdings, Ltd. (Australia)		163,008		321,796
Micro Focus International PLC (United Kingdom) (a)		16,029		79,172
Mitsubishi Research Institute, Inc. (Japan)		12,400		377,132
Playtech PLC (United Kingdom)		193,859		402,799
Sopra Steria Group (France)		2,631		287,567
TietoEVRY OYJ (Finland)		39,666		855,154
				7,227,662
Technology Hardware & Equipment - 5.4%
AT&S Austria Technologie & Systemtechnik A.G. (Austria)		42,543		615,755
Canon Electronics, Inc. (Japan)		8,100		119,125
Daiwabo Holdings Co., Ltd. (Japan)		21,200		1,014,035
Dicker Data, Ltd. (Australia)		86,308		306,923
Elematec Corp. (Japan)		19,829		140,871
Hakuto Co., Ltd. (Japan)		12,700		113,407
HOCHIKI Corp. (Japan)		20,800		262,218
Hosiden Corp. (Japan)		61,300		425,701
Japan Aviation Electronics Industry, Ltd. (Japan)		98,200		1,175,193
Kaga Electronics Co., Ltd. (Japan)		17,900		280,200

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Information Technology - 11.2% (Continued)
Technology Hardware & Equipment - 5.4% (Continued)
Landis+Gyr Group A.G. (Switzerland) (a)		24,082	$	1,647,950
MCJ Co., Ltd. (Japan)		137,100		753,360
Melco Holdings, Inc. (Japan)		5,964		120,035
Nichicon Corp. (Japan)		75,100		466,579
Oki Electric Industry Co., Ltd. (Japan)		57,400		536,616
Quadient (France)		12,200		213,989
Restar Holdings Corp. (Japan)		29,300		405,261
Sanshin Electronics Co., Ltd. (Japan)		12,800		165,347
Spectris PLC (United Kingdom)		28,018		844,958
VTech Holdings, Ltd. (Hong Kong)		29,438		211,985
				9,819,508
Materials - 7.8%
Materials - 7.8%
Aichi Steel Corp. (Japan)		14,200		411,318
Aperam S.A. (France)		28,865		609,993
Ashtrom Group, Ltd. (Israel)		12,632		140,146
Bekaert S.A. (Belgium)		22,244		370,424
Buzzi Unicem S.p.A. (Italy)		41,147		386,059
C.I. TAKIRON Corp. (Japan)		54,400		300,499
Central Asia Metals PLC (United Kingdom)		91,237		172,394
Constellium S.E. (Netherlands) (a)		11,100		57,831
Coronado Global Resources, Inc. (Australia)		438,655		308,066
Dainichiseika Color & Chemicals Manufacturing Co., Ltd. (Japan)		9,600		208,816
Eramet (France) (a)		5,532		173,024
EVRAZ PLC (United Kingdom)		351,664		1,007,115
Ferrexpo PLC (United Kingdom)		796,577		1,144,019
Godo Steel, Ltd. (Japan)		20,150		391,336
Granges A.B. (Sweden)		60,146		295,455
Gurit Holding A.G. (Switzerland)		348		411,507
Hadera Paper, Ltd. (Israel) (a)		5,971		219,895
Jupiter Mines, Ltd. (Australia)		2,375,398		325,129
Kemira OYJ (Finland)		18,498		178,163
Kureha Corp. (Japan)		9,000		364,965
Kyoei Steel, Ltd. (Japan)		24,200		278,004

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Materials - 7.8% (Continued)
Materials - 7.8% (Continued)
Mount Gibson Iron, Ltd. (Australia)		2,177,491	$	884,173
Nippon Light Metal Holdings Co., Ltd. (Japan)		99,200		154,464
OCI N.V. (Netherlands) (a)		7,028		83,920
Perenti Global, Ltd. (Australia)		1,326,829		485,370
Sandfire Resources, Ltd. (Australia)		35,694		71,508
Showa Denko K.K. (Japan)		46,400		952,019
Sintokogio, Ltd. (Japan)		15,974		110,055
St Barbara, Ltd. (Australia)		117,697		155,369
Tenma Corp. (Japan)		12,125		180,250
Tokuyama Corp. (Japan)		56,000		1,074,287
Tokyo Steel Manufacturing Co., Ltd. (Japan)		78,800		492,317
Ube Industries, Ltd. (Japan)		68,927		1,051,539
Vetropack Holding A.G. (Switzerland)		213		559,619
Wienerberger A.G. (Austria) (a)		18,717		292,185
				14,301,233
Real Estate - 12.6%
Real Estate - 12.6%
Allreal Holding A.G. (Switzerland) (a)		2,030		376,899
Aventus Group (Australia)		200,143		181,841
Blue Square Real Estate, Ltd. (Israel)		1,876		74,010
Capital & Regional PLC (United Kingdom)		48,879		56,091
Charter Hall Retail REIT (Australia)		468,411		894,398
Corestate Capital Holding S.A. (Germany)		46,892		1,369,013
DIC Asset A.G. (Germany) (a)		95,967		998,352
Dios Fastigheter A.B. (Sweden)		134,331		897,719
Eagle Hospitality Trust (Singapore) (a) (b)		1,204,600		116,475
Emperor International Holdings, Ltd. (Hong Kong)		223,146		36,594
Empiric Student Property PLC (United Kingdom)		449,682		366,196
First Real Estate Investment Trust (Singapore)		598,200		284,417
Goldcrest Co., Ltd. (Japan)		33,100		497,569
Hammerson PLC (United Kingdom)		229,977		219,492
Intervest Offices & Warehouses N.V. (Belgium)		13,580		353,546
Invincible Investment Corp. (Japan)		5,036		1,136,209
Japan Hotel REIT Investment Corp. (Japan)		2,293		669,419
K Wah International Holdings, Ltd. (Hong Kong)		1,796,000		771,685

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Real Estate - 12.6% (Continued)
Real Estate - 12.6% (Continued)
Kungsleden A.B. (Sweden)		12,853	$	96,671
Lar Espana Real Estate Socimi S.A. (Spain)		68,801		305,184
Lippo Malls Indonesia Retail Trust (Singapore)		2,028,629		166,547
Manulife U.S. Real Estate Investment Trust (Singapore)		1,136,500		820,442
Mercialys S.A. (France)		114,479		835,793
Merlin Properties Socimi S.A. (Spain)		23,677		178,544
MIRAI Corp. (Japan)		3,028		1,029,053
NewRiver REIT PLC (United Kingdom) (c)		625,486		457,141
Nexity S.A. (France) (a)		7,193		221,232
Norstar Holdings, Inc. (Israel)		15,515		170,213
Nyfosa A.B. (Sweden) (a)		58,148		291,223
Oxley Holdings, Ltd. (Singapore)		524,900		75,517
Property & Building Corp., Ltd. (Israel)		1,510		93,867
Regional REIT, Ltd. (United Kingdom)		462,205		472,873
Reit 1, Ltd. (Israel)		46,312		223,774
Rural Funds Group (Australia)		357,458		417,300
Samhallsbyggnadsbolaget i Norden A.B. (Sweden) (a)		676,075		1,295,915
Samty Co., Ltd. (Japan)		17,100		189,499
Samty Residential Investment Corp. (Japan)		978		768,143
Sasseur Real Estate Investment Trust (Singapore)		1,072,600		445,046
Savills PLC (United Kingdom)		86,122		877,844
Selvaag Bolig A.S.A. (Norway)		73,456		325,060
Sirius Real Estate, Ltd. (United Kingdom)		229,982		188,430
Soilbuild Business Space REIT (Singapore)		439,800		98,486
Star Asia Investment Corp. (Japan)		290		229,828
Sun Frontier Fudousan Co., Ltd. (Japan)		10,318		78,072
Takara Leben Co., Ltd. (Japan)		253,557		815,735
Takara Leben Real Estate Investment Trust Corp. (Japan)		1,244		926,524
Tritax Big Box REIT PLC (United Kingdom)		380,601		530,317
Wereldhave N.V. (Netherlands)		71,538		525,852
Wihlborgs Fastigheter A.B. (Sweden) (a)		14,188		196,208
Yanlord Land Group, Ltd. (Singapore)		766,474		528,998
				23,175,256

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.5% (Continued)	Shares		Value
Utilities - 2.4%
Utilities - 2.4%
ACEA S.p.A. (Italy)		69,950	$	1,109,378
Albioma S.A. (France)		4,172		122,557
BKW A.G. (Switzerland)		7,128		580,516
Drax Group PLC (United Kingdom)		420,203		795,444
Encavis A.G. (Germany)		43,022		429,973
eREX Co., Ltd. (Japan)		9,100		103,293
Infigen Energy (Australia)		1,048,779		271,620
Iren S.p.A. (Italy)		180,457		449,313
REN - Redes Energeticas Nacionais, SGPS, S.A. (Portugal)		245,687		626,938
				4,489,032
Total Common Stocks (Cost $261,125,990)			$	179,284,877

PREFERRED STOCKS - 0.8%	Shares		Value
Health Care - 0.5%
Healthcare Equipment & Services - 0.5%
Draegerwerk A.G. & Co. KGaA (Germany)		9,327	$	896,315
Industrials - 0.3%
Transportation - 0.3%
Sixt S.E. (Germany)		11,592	$	451,000

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
PREFERRED STOCKS - 0.8% (Continued)	Shares		Value
Materials - 0.1%
Materials - 0.1%
STO S.E. & Co. KGaA (Germany)		2,339	$	213,949
Total Preferred Stocks (Cost $1,279,952)			$	1,561,264
Investments at Value - 98.3% (Cost $262,405,942)			$	180,846,141
Other Assets in Excess of Liabilities - 1.7%				3,127,018
Net Assets - 100.0%			$	183,973,159

(a)	Non-income producing security.
(b)	Level 3 securities fair valued under procedures established by the Board of Trustees, represents 0.1% of net assets.  The total value of these securities is $225,584.
(c)	Restricted security.  See the table on the following page for additional information.

Sector, industry and country classifications presented herein are based on the categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's classifications refer to any one or more of the classifications used by one or more widely recognized market indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND

Country Breakdown

March 31, 2020 (Unaudited)

Country	Value		% of Net Assets
Japan	$	62,006,065	33.7%
United Kingdom		28,644,895	15.6%
Sweden		11,892,894	6.5%
Australia		11,436,030	6.2%
Germany		9,918,978	5.4%
Switzerland		8,932,652	4.9%
France		7,019,644	3.8%
Italy		6,313,727	3.4%
Belgium		4,478,374	2.4%
Hong Kong		4,365,359	2.4%
Norway		3,630,670	2.0%
Spain		3,475,043	1.9%
Netherlands		3,208,276	1.7%
Israel		3,115,922	1.7%
Austria		3,004,918	1.6%
Singapore		2,883,263	1.6%
Denmark		2,699,973	1.5%
Finland		1,761,444	1.0%
Portugal		1,007,895	0.5%
New Zealand		699,731	0.4%
Ireland		230,440	0.1%
Indonesia		76,403	0.0% (a)
Bermuda		43,545	0.0% (a)
Total Investments	$	180,846,141	98.3%
Other Assets in Excess of Liabilities		3,127,018	1.7%
Net Assets	$	183,973,159	100.0%

^(a) Percentage rounds to less than 0.1%.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL INTERNATIONAL SMALL CAP FUND

RESTRICTED SECURITIES

March 31, 2020

Issuer Description	Acquisition Date	Cost		Value		Value as a Percentage of Net Assets
NewRiver REIT PLC (United Kingdom)	02/13/18-09/20/19	$	1,616,134	$	457,141	0.25%

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL FUNDAMENTAL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 93.5%	Shares		Value
Communication Services - 7.7%
Media & Entertainment - 5.6%
LIFULL Co., Ltd. (Japan)		147,200	$	412,950
MarkLines Co., Ltd. (Japan)		36,411		546,560
ZIGExN Co., Ltd. (Japan)		191,642		466,146
				1,425,656
Telecommunication Services - 2.1%
Vision, Inc. (Japan) (a)		88,100		545,310
Consumer Discretionary - 15.1%
Consumer Durables & Apparel - 5.0%
MIPS A.B. (Sweden) (a)		57,704		1,292,072
Consumer Services - 6.3%
Arcland Service Holdings Co., Ltd. (Japan)		20,808		278,621
Fu Shou Yuan International Group, Ltd. (China)		1,076,847		941,223
MTY Food Group, Inc. (Canada)		9,589		146,851
Yossix Co., Ltd. (Japan)		15,515		263,269
				1,629,964
Retailing - 3.8%
Vertu Motors PLC (United Kingdom)		1,312,518		333,425
Webjet, Ltd. (Australia) (b)		267,860		645,695
				979,120
Consumer Staples - 3.4%
Food & Staples Retailing - 0.7%
Cake Box Holdings PLC (United Kingdom)		122,289		174,846
Household & Personal Products - 2.7%
Kitanotatsujin Corp. (Japan)		144,900		703,788
Financials - 11.1%
Banks - 1.8%
Mortgage Advice Bureau Holdings, Ltd. (United Kingdom)		70,549		464,877

SEGALL BRYANT & HAMILL FUNDAMENTAL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 93.5% (Continued)	Shares		Value
Financials - 11.1% (Continued)
Commercial & Professional Services - 2.2%
Nihon M&A Center, Inc. (Japan)		20,530	$	559,194
Diversified Financials - 7.1%
Azimut Holdings S.p.A. (Italy)		35,077		498,856
M&A Capital Partners Co., Ltd. (Japan) (a)		19,112		455,168
Sanne Group PLC (Jersey)		76,465		588,419
Strike Co., Ltd. (Japan) (a)		9,000		291,770
				1,834,213
Health Care - 4.0%
Pharmaceuticals, Biotechnology & Life Sciences - 4.0%
SwedenCare A.B. (Sweden) (a)		135,770		1,034,651
Industrials - 13.5%
Capital Goods - 4.1%
Diploma PLC (United Kingdom)		20,380		408,440
IMCD N.V. (Netherlands)		9,140		655,359
				1,063,799
Commercial & Professional Services - 9.4%
Boyd Group Services, Inc. (Canada)		7,665		798,006
Clipper Logistics PLC (United Kingdom)		343,775		641,962
SMS Co., Ltd. (Japan)		50,190		968,026
				2,407,994
Information Technology - 38.7%
Software & Services - 37.7%
Appen, Ltd. (Australia)		88,060		1,051,304
Autohome, Inc. ADR (China) (a)		6,243		443,378
CANCOM S.E. (Germany)		18,030		757,338
Constellation Software, Inc. (Canada)		1,677		1,524,288
Fortnox A.B. (Sweden)		78,074		1,294,156
GB Group PLC (United Kingdom)		165,420		1,181,831
Keywords Studios PLC (Ireland)		70,689		1,252,506
Logo Yazilim Sanayi Ve Ticaret A.S. (Turkey) (a)		35,970		324,667
Momo, Inc. ADR (China)		32,400		702,756

SEGALL BRYANT & HAMILL FUNDAMENTAL INTERNATIONAL SMALL CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 93.5% (Continued)	Shares		Value
Information Technology - 38.7% (Continued)
Software & Services - 37.7% (Continued)
PagSeguro Digital, Ltd. - Class A (Brazil) (a)		20,540	$	397,038
Softcat PLC (United Kingdom)		60,969		777,099
				9,706,361
Technology Hardware & Equipment - 1.0%
PAX Global Technology, Ltd. (Hong Kong)		688,200		258,134
Investments at Value - 93.5% (Cost $24,504,218)			$	24,079,979
Other Assets in Excess of Liabilities - 6.5%				1,663,623
Net Assets - 100.0%			$	25,743,602

(a)	Non-income producing security.
(b)	Level 3 securities fair valued under procedures established by the Board of Trustees, represents 2.5%  of net assets.  The total value of these securities is $645,695.

Sector, industry and country classifications presented herein are based on the categorization methodology of the Adviser to the Funds.  For Fund compliance purposes, the Fund's classifications refer to any one or more of the classifications used by one or more widely recognized market indexes, and/or as defined by Fund management.  This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease.  

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL FUNDAMENTAL INTERNATIONAL SMALL CAP FUND

Country Breakdown

March 31, 2020 (Unaudited)

Country	Value		% of Net Assets
Japan	$	5,490,802	21.3%
United Kingdom		3,982,480	15.5%
Sweden		3,620,879	14.1%
Canada		2,469,145	9.6%
China		2,087,357	8.1%
Australia		1,696,999	6.6%
Ireland		1,252,506	4.9%
Germany		757,338	2.9%
Netherlands		655,359	2.5%
Jersey		588,419	2.3%
Italy		498,856	1.9%
Brazil		397,038	1.5%
Turkey		324,667	1.3%
Hong Kong		258,134	1.0%
Total Investments	$	24,079,979	93.5%
Other Assets in Excess of Liabilities		1,663,623	6.5%
Net Assets	$	25,743,602	100.0%

See accompanying notes to Quarterly Statements of Investments.

SBH FUNDAMENTAL INTERNATIONAL SMALL CAP FUND

SCHEDULE OF FORWARD FOREIGN CURRENCY CONTRACTS

March 31, 2020 (Unaudited)

								Asset Derivatives		Liability Derivatives
	Settlement	Fund	U.S. $ Value at		Fund	U.S. $ Value at		Unrealized		Unrealized
Counterparty	Date	Receiving	March 31, 2020		Delivering	March 31, 2020		Appreciation		Depreciation
BNY Mellon	6/17/2020	AED		49,433	USD		49,414	$	19	$	-
BNY Mellon	6/17/2020	BRL		684,049	USD		767,786		-		(83,737	)
BNY Mellon	6/17/2020	CHF		1,357,108	USD		1,393,883		-		(36,775	)
BNY Mellon	6/17/2020	CLP		66,672	USD		68,900		-		(2,228	)
BNY Mellon	6/17/2020	COP		18,164	USD		20,486		-		(2,322	)
BNY Mellon	6/17/2020	CZK		6,649	USD		7,335		-		(686	)
BNY Mellon	6/17/2020	DKK		490,076	USD		503,036		-		(12,960	)
BNY Mellon	6/17/2020	EUR		3,488,604	USD		3,582,876		-		(94,272	)
BNY Mellon	6/17/2020	HKD		138,520	USD		138,193		327		-
BNY Mellon	6/17/2020	HUF		8,542	USD		9,436		-		(894	)
BNY Mellon	6/17/2020	IDR		119,846	USD		134,555		-		(14,709	)
BNY Mellon	6/17/2020	ILS		466,475	USD		474,090		-		(7,615	)
BNY Mellon	6/17/2020	INR		1,058,642	USD		1,078,500		-		(19,858	)
BNY Mellon	6/17/2020	JPY		1,407,880	USD		1,437,199		-		(29,319	)
BNY Mellon	6/17/2020	KRW		1,072,392	USD		1,096,851		-		(24,459	)
BNY Mellon	6/17/2020	MXP		182,643	USD		214,584		-		(31,941	)
BNY Mellon	6/17/2020	NOK		482,261	USD		540,299		-		(58,038	)
BNY Mellon	6/17/2020	NZD		210,277	USD		223,913		-		(13,636	)
BNY Mellon	6/17/2020	PHP		66,445	USD		67,300		-		(855	)
BNY Mellon	6/17/2020	PLN		67,827	USD		73,804		-		(5,977	)
BNY Mellon	6/17/2020	QAR		75,488	USD		75,309		179		-
BNY Mellon	6/17/2020	RUB		57,077	USD		65,517		-		(8,440	)
BNY Mellon	6/17/2020	SAR		208,640	USD		209,087		-		(447	)
BNY Mellon	6/17/2020	SGD		431,358	USD		444,125		-		(12,767	)
BNY Mellon	6/17/2020	THB		262,345	USD		273,756		-		(11,411	)
BNY Mellon	6/17/2020	TWD		1,623,980	USD		1,629,990		-		(6,010	)
BNY Mellon	6/17/2020	USD		1,433,216	AUD		1,329,029		104,187		-
BNY Mellon	6/17/2020	USD		1,486,110	CAD		1,418,909		67,201		-
BNY Mellon	6/17/2020	USD		3,164,220	GBP		3,021,038		143,182		-
BNY Mellon	6/17/2020	USD		2,339,718	SEK		2,211,120		128,598		-
BNY Mellon	6/17/2020	USD		362,478	TRY		336,663		25,815		-
BNY Mellon	6/17/2020	ZAR		270,173	USD		307,135		-		(36,962	)
Total								$	469,508	$	(516,318	)

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL GLOBAL LARGE CAP FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 95.4%	Shares		Value
Communication Services - 6.9%
Telecommunication Services - 6.9%
KDDI Corp. (Japan)		38,100	$	1,125,504
Verizon Communications, Inc.		23,430		1,258,894
				2,384,398
Consumer Discretionary - 12.0%
Automobiles & Components - 5.0%
Toyota Motor Corp. (Japan)		16,200		976,364
Valeo S.A. (France)		46,960		763,721
				1,740,085
Consumer Services - 3.9%
Starbucks Corp.		20,200		1,327,948
Retailing - 3.1%
Lowe's Cos., Inc.		12,290		1,057,555
Consumer Staples - 12.7%
Food & Staples Retailing - 2.7%
Walmart, Inc.		8,107		921,117
Food, Beverage & Tobacco - 5.9%
Asahi Group Holdings, Ltd. (Japan)		31,200		1,012,303
Danone S.A. (France)		16,190		1,035,333
				2,047,636
Household & Personal Products - 4.1%
Kimberly-Clark Corp.		10,994		1,405,803
Energy - 4.8%
Energy - 4.8%
Chevron Corp.		13,910		1,007,919
Marathon Petroleum Corp.		27,710		654,510
				1,662,429
Financials - 15.4%
Banks - 3.0%
U.S. Bancorp		30,206		1,040,597

SEGALL BRYANT & HAMILL GLOBAL LARGE CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 95.4% (Continued)	Shares		Value
Financials - 15.4% (Continued)
Diversified Financials - 2.5%
Charles Schwab Corp. (The)		25,400	$	853,948
Insurance - 9.9%
Chubb, Ltd. (Switzerland)		11,800		1,317,942
Helvetia Holding A.G. (Switzerland)		12,095		1,033,489
Power Corp. of Canada (Canada)		65,835		1,059,229
				3,410,660
Health Care - 13.1%
Pharmaceuticals, Biotechnology & Life Sciences - 13.1%
AbbVie, Inc.		14,374		1,095,155
Bayer A.G. (Germany)		19,540		1,118,750
Novartis A.G. ADR (Switzerland)		14,210		1,171,614
Roche Holdings A.G. (Switzerland)		3,510		1,129,455
				4,514,974
Industrials - 12.0%
Capital Goods - 5.9%
Lockheed Martin Corp.		2,960		1,003,292
Rockwell Automation, Inc.		6,740		1,017,133
				2,020,425
Commercial & Professional Services - 6.1%
Adecco Group A.G. (Switzerland)		21,700		855,231
RELX PLC (United Kingdom)		59,000		1,260,406
				2,115,637
Information Technology - 12.8%
Semiconductors & Semiconductor Equipment - 3.0%
Broadcom, Inc.		4,380		1,038,498
Software & Services - 9.8%
Atos S.E. (France)		17,380		1,157,055
Broadridge Financial Solutions, Inc.		11,840		1,122,787
Sage Group PLC (The) (United Kingdom)		150,972		1,098,848
				3,378,690

SEGALL BRYANT & HAMILL GLOBAL LARGE CAP FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 95.4% (Continued)	Shares		Value
Materials - 3.3%
Materials - 3.3%
Newmont Mining Corp.		25,020	$	1,132,906
Utilities - 2.4%
Utilities - 2.4%
American Electric Power Co., Inc.		10,520		841,390
Investments at Value - 95.4% (Cost $35,444,667)			$	32,894,696
Other Assets in Excess of Liabilities - 4.6%				1,572,440
Net Assets - 100.0%			$	34,467,136

Sector, industry and country classifications presented herein are based on the categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's classifications refer to any one or more of the classifications used by one or more widely recognized market indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL GLOBAL LARGE CAP FUND

Country Breakdown

March 31, 2020 (Unaudited)

Country	Value		% of Net Assets
United States	$	16,779,452	48.7%
Switzerland		5,507,731	16.0%
Japan		3,114,171	9.0%
France		2,956,109	8.6%
United Kingdom		2,359,254	6.8%
Germany		1,118,750	3.2%
Canada		1,059,229	3.1%
Total Investments	$	32,894,696	95.4%
Other Assets in Excess of Liabilities		1,572,440	4.6%
Net Assets	$	34,467,136	100.0%

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL WORKPLACE EQUALITY FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
COMMON STOCKS - 97.9%	Shares		Value
Communication Services - 6.0%
Media & Entertainment - 1.8%
Interpublic Group of Cos., Inc. (The)		15,510	$	251,107
Telecommunication Services - 4.2%
AT&T, Inc.		8,950		260,892
Verizon Communications, Inc.		6,030		323,992
				584,884
Consumer Discretionary - 11.3%
Consumer Durables & Apparel - 1.8%
Ralph Lauren Corp.		3,750		250,613
Consumer Services - 5.3%
Brinker International, Inc.		11,145		133,851
Starbucks Corp.		4,120		270,849
Yum! Brands, Inc.		4,718		323,325
				728,025
Retailing - 4.2%
Ross Stores, Inc.		2,440		212,207
Target Corp.		4,013		373,088
				585,295
Consumer Staples - 7.8%
Food & Staples Retailing - 2.5%
Walmart, Inc.		3,117		354,153
Food, Beverage & Tobacco - 2.9%
General Mills, Inc.		7,570		399,469
Household & Personal Products - 2.4%
Kimberly-Clark Corp.		2,572		328,882
Energy - 3.4%
Energy - 3.4%
Chevron Corp.		4,110		297,811
Marathon Petroleum Corp.		7,530		177,858
				475,669

SEGALL BRYANT & HAMILL WORKPLACE EQUALITY FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.9% (Continued)	Shares		Value
Financials - 12.4%
Banks - 4.2%
M&T Bank Corp.		2,430	$	251,335
U.S. Bancorp		9,575		329,859
				581,194
Diversified Financials - 2.9%
Nasdaq, Inc.		2,090		198,446
T. Rowe Price Group, Inc.		2,130		207,994
				406,440
Insurance - 5.3%
Chubb, Ltd. (Switzerland)		2,335		260,796
Principal Financial Group, Inc.		7,150		224,081
Prudential Financial, Inc.		4,770		248,708
				733,585
Health Care - 16.4%
Healthcare Equipment & Services - 7.9%
Becton, Dickinson and Co.		1,770		406,693
Cardinal Health, Inc.		7,525		360,749
Cerner Corp.		5,270		331,957
				1,099,399
Pharmaceuticals, Biotechnology & Life Sciences - 8.5%
AbbVie, Inc.		4,656		354,741
Amgen, Inc.		1,950		395,323
Gilead Sciences, Inc.		5,683		424,861
				1,174,925
Industrials - 10.8%
Capital Goods - 6.7%
L3Harris Technologies, Inc.		1,797		323,676
Lockheed Martin Corp.		891		302,004
Rockwell Automation, Inc.		2,040		307,856
				933,536
Commercial & Professional Services - 1.5%
ManpowerGroup, Inc.		3,840		203,482
Transportation - 2.6%
CSX Corp.		6,300		360,990

SEGALL BRYANT & HAMILL WORKPLACE EQUALITY FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.9% (Continued)	Shares		Value
Information Technology - 20.0%
Semiconductors & Semiconductor Equipment - 5.1%
NVIDIA Corp.		1,555	$	409,898
Texas Instruments, Inc.		2,950		294,794
				704,692
Software & Services - 13.2%
Accenture PLC - Class A (Ireland)		1,930		315,092
Automatic Data Processing, Inc.		2,180		297,962
Broadridge Financial Solutions, Inc.		2,698		255,851
International Business Machines Corp.		3,300		366,069
Microsoft Corp.		1,285		202,657
Oracle Corp.		8,050		389,057
				1,826,688
Technology Hardware & Equipment - 1.7%
NetApp, Inc.		5,665		236,174
Materials - 2.0%
Materials - 2.0%
Eastman Chemical Co.		5,816		270,909
Real Estate - 1.9%
Real Estate - 1.9%
Jones Lang LaSalle, Inc.		2,535		255,984

SEGALL BRYANT & HAMILL WORKPLACE EQUALITY FUND
STATEMENT OF INVESTMENTS (Continued)
COMMON STOCKS - 97.9% (Continued)	Shares		Value
Utilities - 5.9%
Utilities - 5.9%
American Electric Power Co., Inc.		5,810	$	464,684
Exelon Corp.		9,540		351,167
				815,851
Investments at Value - 97.9% (Cost $15,523,671)			$	13,561,946
Other Assets in Excess of Liabilities - 2.1%				291,693
Net Assets - 100.0%			$	13,853,639

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL SHORT TERM PLUS FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
CORPORATE BONDS - 84.0%	Coupon	Maturity	Par Value		Value
Finance - 3.0%
Banking - 0.4%
American Express Credit Corp., Series F	2.375%	05/26/20	$	30,000	$	29,999
P&C Insurance - 1.1%
Chubb INA Holdings, Inc.	2.300%	11/03/20		94,000		94,101
Real Estate Investment Trusts - 1.5%
Ventas Realty, L.P.	3.250%	08/15/22		130,000		130,855
Industrial - 74.8%
Automobile Manufacturing - 3.3%
General Motors Financial Co., Inc.	4.200%	11/06/21		155,000		147,368
Goodyear Tire & Rubber Co.	8.750%	08/15/20		135,000		133,312
						280,680
Beverage / Bottling - 2.5%
Anheuser-Busch InBev S.A./N.V.	2.625%	01/17/23		140,000		140,591
Brown Forman Corp.	2.250%	01/15/23		76,000		75,627
						216,218
Building Products - 1.8%
Masco Corp.	3.500%	04/01/21		150,000		150,198
Chemicals - 0.3%
DowDuPont, Inc.	3.766%	11/15/20		25,000		25,079
Construction Machinery - 3.0%
CNH Industrial Capital LLC	4.875%	04/01/21		156,000		152,470
John Deere Capital Corp., Series G (3MO LIBOR + 24) (a)	2.127%	03/12/21		105,000		101,967
						254,437
Diversified Manufacturing - 4.9%
Cooper US, Inc.	3.875%	12/15/20		111,000		111,494
Roper Technologies, Inc.	3.000%	12/15/20		170,000		170,055
Xylem, Inc.	4.875%	10/01/21		130,000		133,757
						415,306

SEGALL BRYANT & HAMILL SHORT TERM PLUS FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 84.0% (Continued)	Coupon	Maturity	Par Value		Value
Electronics - 4.3%
Amphenol Corp.	3.125%	09/15/21	$	160,000	$	154,642
Corning, Inc.	2.900%	05/15/22		105,000		105,326
EMC Corp.	2.650%	06/01/20		113,000		112,356
						372,324
Food Processors - 1.9%
Kraft Foods Group, Inc.	3.500%	06/06/22		160,000		158,987
Healthcare Facilities / Supplies - 3.5%
CVS Health Corp.	2.800%	07/20/20		150,000		150,028
HCA, Inc.	4.750%	05/01/23		150,000		153,663
						303,691
Independent Energy - 6.1%
Apache Corp.	3.625%	02/01/21		164,000		132,577
Energen Corp.	4.625%	09/01/21		120,000		115,843
Occidental Petroleum Corp.	4.850%	03/15/21		159,000		133,195
PDC Energy, Inc., CV	1.125%	09/15/21		175,000		142,739
						524,354
Information / Data Technology - 1.9%
Fiserv, Inc.	2.700%	06/01/20		165,000		164,486
Leisure / Entertainment - 3.3%
Carnival Corp.	3.950%	10/15/20		150,000		144,751
Royal Caribbean Cruises, Ltd.	2.650%	11/28/20		151,000		135,983
						280,734
Media - Cable - 2.2%
Time Warner Cable, Inc.	4.125%	02/15/21		75,000		75,222
Time Warner Cable, Inc.	4.000%	09/01/21		110,000		110,203
						185,425
Media - Diversified - 1.6%
Viacom, Inc.	4.500%	03/01/21		135,000		135,263
Media - Non-Cable - 4.8%
21st Century Fox America, Inc.	4.500%	02/15/21		103,000		101,362
Discovery Communications, Inc.	4.375%	06/15/21		145,000		148,265
Omnicom GP / Omnicom Capital	3.625%	05/01/22		160,000		162,661
						412,288

SEGALL BRYANT & HAMILL SHORT TERM PLUS FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 84.0% (Continued)	Coupon	Maturity	Par Value		Value
Metals / Mining - 1.4%
Teck Resources, Ltd.	4.750%	01/15/22	$	124,000	$	119,024
Midstream Energy - 3.7%
Gulf South Pipeline Co., L.P.	4.000%	06/15/22		160,000		152,612
Magellan Midstream Partners, L.P.	4.250%	02/01/21		161,000		160,181
						312,793
Packaging - 1.8%
Avery Dennison Corp.	5.375%	04/15/20		158,000		157,960
Paper & Forest Products - 1.5%
Weyerhaeuser Co.	4.700%	03/15/21		129,000		130,181
Pharmaceuticals - 1.7%
Allergan, Inc.	3.375%	09/15/20		140,000		141,491
Publishing - 1.7%
Moody's Corp.	3.250%	06/07/21		145,000		145,065
Railroads - 3.5%
Canadian Pacific Rail Road Co.	9.450%	08/01/21		130,000		137,868
CSX Transportation, Inc.	9.750%	06/15/20		157,000		157,798
						295,666
Retail Stores - 1.5%
Best Buy Co., Inc.	5.500%	03/15/21		124,000		126,411
Services - 3.5%
Expedia Group, Inc.	5.950%	08/15/20		163,000		160,792
QVC, Inc.	4.375%	03/15/23		150,000		141,847
						302,639
Supermarkets - 0.3%
Kroger Co.	3.300%	01/15/21		24,000		24,098
Transportation Services - 5.5%
Continental Airlines, Inc., Series 2010-1, Class A	4.750%	07/12/22		74,189		74,730

SEGALL BRYANT & HAMILL SHORT TERM PLUS FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 84.0% (Continued)	Coupon	Maturity	Par Value		Value
Transportation Services - 5.5% (Continued)
Continental Airlines, Inc., Series 2012-1, Class B	6.250%	10/11/21	$	59,370	$	59,331
Fedex Corp.	3.400%	01/14/22		125,000		125,695
Hawaiian Airlines, Inc., Series 2013-1, Class B	4.950%	07/15/23		50,911		48,436
U.S. Airways, Series 2013-1, Class B	5.375%	05/15/23		170,908		163,157
						471,349
Wireless Telecommunications - 1.4%
American Tower Corp.	2.800%	06/01/20		120,000		119,057
Wireline Telecommunications - 1.9%
AT&T, Inc.	2.450%	06/30/20		165,000		164,902
Utility - 6.2%
Electric - 6.2%
Dominion Energy, Inc., Series A-1 (Yield of Treasury Note 2.125% 05/21 + 97) (b)	2.715%	08/15/21		162,000		159,804
Eversource Energy, Series I	2.500%	03/15/21		123,000		123,449
Oncor Electric Delivery Co.	7.000%	09/01/22		100,000		105,388
WEC Energy Group, Inc.	3.100%	03/08/22		135,000		136,576
						525,217
Total Corporate Bonds (Cost $7,424,931)					$	7,170,278

MUNICIPAL BONDS - 0.2%	Coupon	Maturity	Par Value		Value
Maryland - 0.1%
State of Maryland, Series 2010-A	4.200%	03/01/21	$	10,000	$	10,299
New York - 0.1%
New York State Urban Development Corp., Series 2011-B	2.790%	03/15/21		10,000		10,134
Total Municipal Bonds (Cost $20,083)					$	20,433

SEGALL BRYANT & HAMILL SHORT TERM PLUS FUND
STATEMENT OF INVESTMENTS (Continued)
ASSET BACKED SECURITIES - 1.0%	Coupon	Maturity	Par Value		Value
Honda Auto Receivables Owner Trust, Series 2017-2, Class A-3	1.680%	08/16/21	$	4,471	$	4,461
John Deere Owner Trust, Series 2017-B, Class A-3	1.820%	10/15/21		28,058		27,956
Toyota Auto Receivables Owner Trust, Series 2018-B, Class A-2A	2.640%	03/15/21		7,494		7,496
Toyota Auto Receivables Owner Trust, Series 2017-B, Class A-3	1.760%	07/15/21		25,595		25,567
Verizon Owner Trust, Series 2018-A, Class A-1A (a)	3.230%	04/20/23		18,000		18,216
Total Asset Backed Securities (Cost $83,548)					$	83,696

SEGALL BRYANT & HAMILL SHORT TERM PLUS FUND
STATEMENT OF INVESTMENTS (Continued)
U.S. TREASURY BONDS & NOTES - 4.3%	Coupon	Maturity	Par Value		Value
United States Treasury	1.375%	09/30/20	$	145,000	$	145,906
United States Treasury	2.250%	04/15/22		215,000		223,793
Total U.S. Treasury Bonds & Notes (Cost $362,487)					$	369,699
Investments at Value - 89.5% (Cost $7,891,049)					$	7,644,106
Other Assets in Excess of Liabilities - 10.5%						896,724
Net Assets - 100.0%					$	8,540,830

(a)

Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of March 31, 2020. For securities based on a published reference rate and spread, the reference rate and spread (in basis points) are indicated parenthetically. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities, therefore, do not indicate a reference rate or spread.

(b)

Step coupon. Rate shown is the coupon in effect as of March 31, 2020; reference rate and spread (in basis points) are indicated parenthetically.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
CORPORATE BONDS - 41.6%	Coupon	Maturity	Par Value		Value
Finance - 11.0%
Banking - 4.3%
Bank of America Corp., Series N	4.083%	03/20/51	$	3,000,000	$	3,405,518
Capital One Financial Corp.	3.200%	02/05/25		11,640,000		11,414,987
JPMorgan Chase & Co.	3.125%	01/23/25		7,285,000		7,589,342
Keycorp, Series I	5.100%	03/24/21		5,000,000		5,092,938
PNC Bank NA	2.700%	11/01/22		6,675,000		6,759,207
Wells Fargo & Co., Series Q	2.406%	10/30/25		7,725,000		7,612,031
						41,874,023
Broker/Asset Managers/Exchanges - 1.6%
Cboe Global Markets, Inc.	3.650%	01/12/27		9,800,000		10,269,730
FMR LLC, 144A (a) (b)	5.350%	11/15/21		2,275,000		2,438,802
FMR LLC, 144A (a) (b)	6.450%	11/15/39		2,575,000		3,445,860
						16,154,392
Life Insurance - 1.2%
Aviation Capital Group LLC, 144A (a) (b)	3.875%	05/01/23		4,250,000		3,971,231
Massachusetts Mutual Life Insurance Co., 144A (a) (b)	3.729%	10/15/70		2,279,000		2,112,771
Northwestern Mutual Life Insurance Co. (The), 144A (a) (b)	3.850%	09/30/47		6,775,000		5,735,344
						11,819,346
Mortgage Banking - 0.5%
Provident Funding Associates LP/PFG Finance Corp., 144A (a) (b)	6.375%	06/15/25		6,195,000		5,188,312
Noncaptive Diversified Financial Companies - 0.3%
Aircastle, Ltd.	5.000%	04/01/23		3,000,000		2,928,695
Real Estate Investment Trusts - 3.1%
Federal Realty Investment Trust	3.000%	08/01/22		2,020,000		2,037,793
MGM Growth Properties Operating Partnership LP/MGP Finance Co.	5.625%	05/01/24		5,199,000		4,991,040
MPT Operating Partnership LP/MPT Finance Corp.	5.000%	10/15/27		6,175,000		5,989,750
Ventas Realty LP	3.500%	04/15/24		3,000,000		2,930,430
Ventas Realty LP	4.400%	01/15/29		2,955,000		2,940,853

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 41.6% (Continued)	Coupon	Maturity	Par Value		Value
Real Estate Investment Trusts - 3.1% (Continued)
Washington REIT	4.950%	10/01/20	$	9,325,000	$	9,325,000
Washington REIT	3.950%	10/15/22		2,025,000		2,076,529
						30,291,395
Industrial - 27.4%
Aerospace / Defense - 0.8%
Airbus Finance BV, 144A (a) (b)	2.700%	04/17/23		1,950,000		1,908,378
Hexcel Corp.	4.700%	08/15/25		3,166,000		3,479,266
Hexcel Corp.	3.950%	02/15/27		2,495,000		2,473,859
						7,861,503
Automobile Manufacturing - 1.5%
General Motors Financial Co., Inc.	3.950%	04/13/24		4,425,000		4,010,487
Goodyear Tire & Rubber Co.	5.125%	11/15/23		2,000,000		1,890,620
Harley-Davidson Financial Services, Inc., 144A (a) (b)	4.050%	02/04/22		8,600,000		8,406,983
						14,308,090
Beverage / Bottling - 1.6%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc.	4.900%	02/01/46		5,700,000		6,221,590
Fomento Economico Mexicano S.A.B. de C.V.	2.875%	05/10/23		7,548,000		7,509,087
PepsiCo, Inc.	3.875%	03/19/60		1,575,000		1,979,313
						15,709,990
Building Products - 1.3%
Allegion PLC	3.500%	10/01/29		5,063,000		4,909,812
Masco Corp.	6.500%	08/15/32		6,205,000		7,255,168
						12,164,980
Construction Machinery - 1.4%
CNH Industrial N.V.	4.500%	08/15/23		3,275,000		3,425,767
Deere & Co.	3.750%	04/15/50		1,590,000		1,853,187
United Parcel Service, Inc.	5.200%	04/01/40		1,540,000		1,881,101
United Rentals North America, Inc.	6.500%	12/15/26		6,835,000		6,937,525
						14,097,580
Consumer Products - 0.2%
Vista Outdoor, Inc.	5.875%	10/01/23		2,500,000		2,068,275

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 41.6% (Continued)	Coupon	Maturity	Par Value		Value
Diversified Manufacturing - 0.8%
Roper Technologies, Inc.	3.650%	09/15/23	$	7,991,000	$	8,215,331
Electronics - 0.5%
Dell, Inc.	7.100%	04/15/28		4,492,000		4,312,320
Food Processors - 0.4%
Kraft Heinz Food Co.	4.625%	01/30/29		3,495,000		3,523,177
Healthcare Facilities / Supplies - 0.0% (c)
Teleflex, Inc.	4.625%	11/15/27		390,000		389,571
Independent Energy - 1.7%
Diamondback Energy, Inc.	3.250%	12/01/26		6,790,000		4,791,829
Occidental Petroleum Corp.	7.500%	05/01/31		6,085,000		3,149,994
PDC Energy, Inc., CV	1.125%	09/15/21		6,025,000		4,914,303
Range Resources Corp.	4.875%	05/15/25		6,400,000		3,808,000
						16,664,126
Information / Data Technology - 0.8%
Fiserv, Inc.	3.200%	07/01/26		7,475,000		7,693,817
Integrated Energy - 0.5%
BP Capital Markets America, Inc.	3.796%	09/21/25		5,000,000		5,137,772
Lease / Rent - 0.7%
SBA Tower Trust, Series 2016-1, Class 2016-1-C1, 144A (a) (b)	2.877%	07/10/46		6,805,000		6,781,551
Media - Cable - 1.8%
CCO Holdings LLC/CCO Holdings Capital Corp., 144A (a) (b)	5.875%	04/01/24		6,000,000		6,135,000
Comcast Corp.	2.350%	01/15/27		8,200,000		8,169,125
Sirius XM Radio, Inc., 144A (a) (b)	5.375%	07/15/26		3,000,000		3,059,700
						17,363,825
Media - Diversified - 0.3%
Walt Disney Co. (The)	4.625%	03/23/40		2,630,000		3,191,753

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 41.6% (Continued)	Coupon	Maturity	Par Value		Value
Media - Non-Cable - 0.5%
Nexstar Broadcasting, Inc., 144A (a) (b)	5.625%	08/01/24	$	5,250,000	$	4,941,510
Metals / Mining - 1.0%
FMG Resources August 2006 Pty., Ltd., 144A (a) (b)	4.750%	05/15/22		4,820,000		4,801,925
Teck Resources, Ltd.	4.750%	01/15/22		4,950,000		4,751,377
Teck Resources, Ltd.	3.750%	02/01/23		500,000		471,013
						10,024,315
Midstream Energy - 4.2%
AmeriGas Partners LP/AmeriGas Financial Corp.	5.625%	05/20/24		5,932,000		5,524,175
Boardwalk Pipelines LP	3.375%	02/01/23		5,305,000		4,556,970
Boardwalk Pipelines LP	4.950%	12/15/24		3,015,000		2,441,900
Enterprise Products Operating LLC	3.750%	02/15/25		7,575,000		7,534,058
Magellan Midstream Partners LP	5.000%	03/01/26		6,125,000		6,056,174
MPLX LP	4.875%	06/01/25		5,225,000		4,302,847
Tennessee Gas Pipeline Co. LLC	8.375%	06/15/32		5,284,000		6,423,303
Valero Energy Partners LP	4.375%	12/15/26		5,187,000		4,354,168
						41,193,595
Oil Field Services - 0.1%
Burlington Resources, Inc.	6.875%	02/15/26		1,000,000		1,150,810
Packaging - 0.9%
Avery Dennison Corp.	4.875%	12/06/28		5,775,000		6,600,759
Silgan Holdings, Inc.	4.750%	03/15/25		779,000		751,735
Silgan Holdings, Inc., 144A (a) (b)	4.125%	02/01/28		1,725,000		1,591,313
						8,943,807
Paper & Forest Products - 0.7%
Georgia-Pacific LLC, 144A (a) (b)	5.400%	11/01/20		2,078,000		2,097,873
West Fraser Timber Co., Ltd., 144A (a) (b)	4.350%	10/15/24		5,220,000		5,128,432
						7,226,305
Railroads - 0.1%
CSX Transportation, Inc.	9.750%	06/15/20		1,250,000		1,256,350
Restaurants - 0.5%
Starbucks Corp., CV	3.800%	08/15/25		4,000,000		4,251,591

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 41.6% (Continued)	Coupon	Maturity	Par Value		Value
Restaurants - 0.5% (Continued)
Starbucks Corp.	4.300%	06/15/45	$	932,000	$	986,885
						5,238,476
Retail Stores - 0.7%
DriveTime Automotive Group, Inc./Bridgecrest Acceptance Corp., 144A (a) (b)	8.000%	06/01/21		6,000,000		5,310,000
Hanesbrands, Inc., 144A (a) (b)	4.625%	05/15/24		1,241,000		1,228,590
						6,538,590
Services - 0.7%
QVC, Inc.	4.850%	04/01/24		5,122,000		4,430,600
QVC, Inc.	4.750%	02/15/27		2,085,000		1,845,673
						6,276,273
Supermarkets - 0.8%
Alimentation Couche-Tard, Inc., 144A (a) (b)	3.550%	07/26/27		5,100,000		4,992,822
Tesco PLC, 144A (a) (b)	6.150%	11/15/37		2,146,000		2,471,556
						7,464,378
Transportation Services - 2.0%
American Airlines, Inc., Series 2013-2, Class A (b)	4.950%	01/15/23		7,520,741		7,642,583
FedEx Corp.	3.900%	02/01/35		6,190,000		6,053,005
JB Hunt Transport Services, Inc.	3.875%	03/01/26		5,925,000		6,120,449
						19,816,037
Wireless Telecommunications - 0.6%
Verizon Communications, Inc.	4.400%	11/01/34		4,625,000		5,414,699
Wireline Telecommunications - 0.3%
AT&T, Inc.	5.150%	11/15/46		2,725,000		3,204,563
Utility - 3.2%
Electric - 3.2%
Nevada Power Co.	6.750%	07/01/37		2,850,000		3,761,157
NextEra Energy Capital Holdings, Inc., Series I	2.403%	09/01/21		1,655,000		1,652,154
NV Energy, Inc.	6.250%	11/15/20		2,881,000		2,964,075
Oncor Electric Delivery Co. LLC	4.100%	06/01/22		4,730,000		4,818,437
Oncor Electric Delivery Co. LLC	5.750%	03/15/29		4,725,000		5,763,283

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 41.6% (Continued)	Coupon	Maturity	Par Value		Value
Electric - 3.2% (Continued)
Tenaska Alabama II Partners LP, 144A (a) (b)	6.125%	03/30/23	$	82,739	$	84,701
Tenaska Virginia Partners LP, 144A (a) (b)	6.119%	03/30/24		87,703		94,630
Virginia Electric & Power Co., Series A	6.000%	05/15/37		5,581,000		7,246,259
Vistra Operations Co. LLC, 144A (a) (b)	5.000%	07/31/27		3,550,000		3,603,250
Wisconsin Energy Group, Inc.	2.450%	06/15/20		1,613,000		1,611,666
						31,599,612
Total Corporate Bonds (Cost $422,273,407)					$	408,029,144

MUNICIPAL BONDS - 9.7%	Coupon	Maturity	Par Value		Value
California - 2.6%
California Educational Facilities Authority, Series 2018-A	4.842%	10/01/48	$	3,635,000	$	4,042,919
City of San Francisco, CA, Public Utilities Commission Water Revenue, Series 2010-B	6.000%	11/01/40		7,750,000		9,532,190
San Diego County Regional Airport Authority, Series 2010-C	6.628%	07/01/40		8,430,000		8,506,123
San Diego County Regional Airport Authority, Series 2014-B	5.594%	07/01/43		3,215,000		3,550,389
						25,631,621
Colorado - 0.4%
Denver Colorado Public Schools, Series 2013-B	4.242%	12/15/37		3,900,000		4,250,532
Massachusetts - 1.0%
Commonwealth of Massachusetts, Series 2019-D	2.663%	09/01/39		9,440,000		9,433,770
New York - 0.9%
New York City Transitional Finance Authority, Series B SUB B-3	3.950%	08/01/32		7,665,000		8,604,806

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 9.7% (Continued)	Coupon	Maturity	Par Value		Value
Ohio - 1.1%
District of Columbia Income Tax, Series 2009-E	5.591%	12/01/34	$	2,880,000	$	3,583,469
Shelby County Tennessee Health Educational and Housing Facilities Board, Series 2008-B (d)	1.852%	06/01/42		7,095,000		7,095,000
						10,678,469
Texas - 1.3%
Dallas Area Rapid Transit, Series 2010-B	4.920%	12/01/41		6,110,000		7,927,969
Dallas Independent School District, Series 2010-C	6.450%	02/15/35		4,600,000		4,629,440
						12,557,409
Utah - 0.6%
Utah Transit Authority Sales Tax Revenue, Series 2020	2.774%	12/15/38		5,925,000		5,702,457
Virginia - 0.9%
Virginia Small Business Financing Authority, Series 2017, 144A (a) (d) (e)	3.000%	07/01/50		9,000,000		8,950,410
Washington - 0.9%
Port of Seattle Washington, Series 2017-B	3.755%	05/01/36		1,925,000		2,059,500
State of Washington, Series 2010-D	5.481%	08/01/39		5,275,000		7,338,369
						9,397,869
Total Municipal Bonds (Cost $92,409,813)					$	95,207,343

ASSET BACKED SECURITIES - 3.9%	Coupon	Maturity	Par Value		Value
Bear Stearns, Series 2003-AC4, Class A (f)	5.500%	09/25/33	$	3,660,442	$	3,470,753
CWABS Asset-Backed Certificates Trust, Series 2005-1, Class AF-6 (d)	5.030%	07/25/35		34,634		34,626
Deephaven Residential Mortgage Trust, Series 2017-3, Class A-3, 144A (a) (b) (d)	2.813%	10/25/47		657,535		657,608
Deephaven Residential Mortgage Trust, Series 2018-1, Class A-3, 144A (a) (b) (d)	3.202%	01/25/58		974,789		963,284

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
ASSET BACKED SECURITIES - 3.9% (Continued)	Coupon	Maturity	Par Value		Value
Deephaven Residential Mortgage Trust, Series 2018-2, Class A-1, 144A (a) (b) (d)	3.479%	04/25/58	$	3,329,395	$	3,250,850
GTP Acquisition Partners I LLC, Series 2015-1-2, Class A 15-2, 144A (a) (b)	3.482%	06/16/25		10,800,000		10,861,854
InSite Issuer LLC, Series 2016-1, Class C, 144A (a) (b)	6.414%	11/15/46		5,790,000		4,790,544
John Deere Owner Trust, Series 2018-B, Class A-2	2.830%	04/15/21		29,998		29,987
John Deere Owner Trust, Series 2018-B, Class A-3	3.080%	11/15/22		5,055,000		5,086,552
Renaissance Home Equity Loan Trust, Series 2005-2, Class A-F6 (f)	3.780%	08/25/35		779,053		783,071
Sierra Timeshare Conduit Receivables Funding LLC, Series 2017-1, Class A, 144A (a) (b)	2.910%	03/20/34		1,045,919		1,031,885
VB-S1 Issuer LLC, Series 2016-1, Class F, 144A (a) (b)	6.901%	06/15/46		7,685,000		7,552,081
Total Asset Backed Securities (Cost $40,054,719)					$	38,513,095

MORTGAGE-BACKED PASSTHROUGH SECURITIES - 29.0%	Coupon	Maturity	Par Value		Value
Fannie Mae Pool - 22.8%
Pool #AC8938	4.500%	01/01/25	$	1,638,629	$	1,747,009
Pool #AD4268	4.500%	03/01/25		1,051,633		1,120,850
Pool #MA3125	3.000%	09/01/32		11,964,468		12,564,419
Pool #725705	5.000%	08/01/34		137,659		152,580
Pool #MA3864	2.500%	11/01/34		14,576,333		15,130,395
Pool #MA3896	2.500%	01/01/35		10,162,348		10,548,796
Pool #735288	5.000%	03/01/35		742,004		823,666
Pool #MA2354	3.500%	08/01/35		8,277,781		8,905,811
Pool #735897	5.500%	10/01/35		534,796		606,325
Pool #745275	5.000%	02/01/36		740,774		824,832
Pool #888016	5.500%	05/01/36		902,608		1,023,325
Pool #190377	5.000%	11/01/36		704,857		784,805
Pool #888405	5.000%	12/01/36		143,875		160,253
Pool #256526	6.000%	12/01/36		328,331		383,575
Pool #907772	6.000%	12/01/36		106,137		112,738

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
MORTGAGE-BACKED PASSTHROUGH SECURITIES - 29.0% (Continued)	Coupon	Maturity	Par Value		Value
Fannie Mae Pool - 22.8% (Continued)
Pool #910881	5.000%	02/01/37	$	138,034	$	144,198
Pool #889108	6.000%	02/01/38		484,080		549,106
Pool #889579	6.000%	05/01/38		800,313		921,287
Pool #995838	5.500%	05/01/39		668,731		758,218
Pool #BM3090	3.500%	02/01/41		5,652,819		6,064,315
Pool #AS7367	3.000%	06/01/41		4,106,486		4,340,778
Pool #AS7732	3.000%	08/01/41		8,873,592		9,380,273
Pool #AS7887	3.000%	09/01/41		13,363,438		14,127,587
Pool #AL3287	4.500%	09/01/41		2,948,637		3,231,120
Pool #AL0933	5.000%	10/01/41		855,059		948,295
Pool #AL5315	4.000%	06/01/42		1,827,155		1,977,437
Pool #AU1628	3.000%	07/01/43		2,451,115		2,591,756
Pool #MA1700	4.500%	12/01/43		2,294,853		2,508,232
Pool #MA1917	4.500%	06/01/44		431,123		469,046
Pool #MA2005	4.500%	08/01/44		654,450		713,953
Pool #MA2145	4.000%	01/01/45		8,201,217		8,875,408
Pool #BM1909	4.000%	02/01/45		16,653,531		18,185,761
Pool #AY3374	3.500%	04/01/45		9,995,452		10,677,547
Pool #AS5823	3.500%	09/01/45		10,297,019		10,977,283
Pool #AL7911	3.500%	12/01/45		6,729,086		7,187,946
Pool #AS8461	3.500%	12/01/46		9,263,261		9,841,465
Pool #AS8784	3.000%	02/01/47		1,915,083		2,015,039
Pool #MA2956	3.000%	04/01/47		12,508,819		13,200,610
Pool #AS9663	4.000%	05/01/47		8,129,319		8,778,527
Pool #MA3182	3.500%	11/01/47		8,246,751		8,746,697
Pool #MA2863	3.000%	12/01/47		8,135,444		8,574,189
Pool #MA3305	3.500%	03/01/48		5,025,483		5,310,006
Pool #AL9242	3.000%	10/25/49		7,894,075		8,342,317
						224,327,775
Freddie Mac Gold Pool - 5.2%
Pool #G08061	5.500%	06/01/35		72,042		81,644
Pool #G08079	5.000%	09/01/35		681,218		758,333
Pool #G01960	5.000%	12/01/35		224,094		249,405
Pool #A41748	5.000%	01/01/36		251,762		279,846
Pool #A42128	5.500%	01/01/36		300,285		339,589

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
MORTGAGE-BACKED PASSTHROUGH SECURITIES - 29.0% (Continued)	Coupon	Maturity	Par Value		Value
Freddie Mac Gold Pool - 5.2% (Continued)
Pool #G02064	5.000%	02/01/36	$	376,633	$	419,035
Pool #G05200	5.000%	05/01/36		1,294,882		1,441,524
Pool #G02252	5.500%	07/01/36		667,718		757,004
Pool #G02386	6.000%	11/01/36		451,053		518,696
Pool #G03189	6.500%	09/01/37		826,825		997,736
Pool #G08607	4.500%	09/01/44		1,423,226		1,552,632
Pool #G07961	3.500%	03/01/45		7,143,396		7,650,467
Pool #G67700	3.500%	08/01/46		6,493,359		6,967,187
Pool #G08732	3.000%	11/01/46		9,327,012		9,841,440
Pool #G08737	3.000%	12/01/46		3,221,756		3,394,362
Pool #ZS4697	3.000%	01/01/47		4,940,368		5,212,966
Pool #G08747	3.000%	02/01/47		3,250,110		3,428,111
Pool #Q52216	3.500%	11/01/47		6,639,765		7,046,946
						50,936,923
Freddie Mac Non-Gold Pool - 0.9%
Pool #ZS-8069	3.000%	05/01/33		8,394,517		8,817,056
Pool #781958 (d)	4.604%	09/01/34		64,055		64,839
						8,881,895
Ginnie Mae I Pool - 0.0% (c)
Pool #550656	5.000%	09/15/35		120,271		133,490
Ginnie Mae II Pool - 0.1%
Pool #G24496	5.000%	07/20/39		566,289		626,412
Total Mortgage-Backed Passthrough Securities (Cost $274,840,089)					$	284,906,495

RESIDENTIAL MORTGAGE-BACKED SECURITIES - 0.7%	Coupon	Maturity	Par Value		Value
American Home Mortgage Investment Trust, Series 2004-4, Class VI-A-1 (f)	6.000%	02/25/45	$	2,249,669	$	2,179,213
Banc of America Funding Trust, Series 2005-4, Class 1-A-4	5.500%	08/25/35		73,160		70,180

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
RESIDENTIAL MORTGAGE-BACKED SECURITIES - 0.7% (Continued)	Coupon	Maturity	Par Value		Value
Banc of America Funding Trust, Series 2005-4, Class 2-A-4	5.500%	08/25/35	$	117,324	$	109,619
CHL Mortgage Pass-Through Trust, Series 2004-HYB2, Class 5-A (d)	4.609%	07/20/34		1,033,929		885,633
GSR Mortgage Loan Trust, Series 2005-3F, Class 2A-3	6.000%	03/25/35		932,102		797,292
PHMC Trust, Series 2007-2, Class A-2 (d)	5.447%	05/18/37		568,238		564,604
Sequoia Mortgage Trust, Series 2017-CH2, Class A-10, 144A (a) (b) (d)	4.000%	12/25/47		2,306,187		2,303,985
Total Residential Mortgage-Backed Securities (Cost $7,453,027)					$	6,910,526

U.S. TREASURY BONDS & NOTES - 13.8%	Coupon	Maturity	Par Value		Value
United States Treasury	2.250%	11/15/25	$	22,240,000	$	24,429,250
United States Treasury	2.375%	05/15/27		3,725,000		4,203,139
United States Treasury	2.625%	02/15/29		6,650,000		7,775,824
United States Treasury	1.625%	08/15/29		5,000,000		5,429,101
United States Treasury	3.750%	08/15/41		7,500,000		11,141,309
United States Treasury	3.125%	11/15/41		16,425,000		22,429,749
United States Treasury	2.875%	05/15/43		20,805,000		27,415,464
United States Treasury	2.500%	02/15/45		25,675,000		32,064,665

SEGALL BRYANT & HAMILL PLUS BOND FUND
STATEMENT OF INVESTMENTS (Continued)
U.S. TREASURY BONDS & NOTES - 13.8% (Continued)	Coupon	Maturity	Par Value		Value
United States Treasury	3.000%	02/15/49	$	120,000	$	167,339
Total U.S. Treasury Bonds & Notes (Cost $108,497,102)					$	135,055,840
Investments at Value - 98.7% (Cost $945,528,157)					$	968,622,443
Other Assets in Excess of Liabilities - 1.3%						12,907,949
Net Assets - 100.0%					$	981,530,392

(a)	Security was purchased in a transaction exempt from registration in compliance with Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. These securities represent $125,893,035 or 12.8% of net assets as of March 31, 2020.
(b)	Restricted security. See the table on the following page for additional information.
(c)	Percentage rounds to less than 0.1%.
(d)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of March 31, 2020. For securities based on a published reference rate and spread, the reference rare and spread (in basis points) are indicated parenthetically. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities, therefore, do not indicate a reference rate and spread.
(e)	Security can be called and redeemed at the option of the issuer prior to the stated maturity date which is included in the Statement of Investments.
(f)	Step coupon. Rate shown is the coupon in effect as of March 31, 2020.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL PLUS BOND FUND

RESTRICTED SECURITIES

March 31, 2020 (Unaudited)

Issuer Description	Coupon	Maturity Date	Acquisition Date(s)	Cost		Value		Value as a Percentage of Net Assets
Airbus Finance BV, 144A	2.700%	04/17/23	08/16/16-12/02/16	$	1,969,529	$	1,908,378		0.19	%
Alimentation Couche-Tard, Inc., 144A	3.550%	07/26/27	07/19/17-08/18/17		5,098,949		4,992,822		0.51	%
American Airlines, Series 2013-2, Class A	4.950%	01/15/23	07/24/13-08/15/19		7,660,269		7,642,583		0.78	%
Aviation Capital Group LLC, 144A	3.875%	05/01/23	12/10/18		4,187,864		3,971,231		0.40	%
CCO Holdings LLC/CCO Holdings Capital Corp., 144A	5.875%	04/01/24	10/18/17		6,265,339		6,135,000		0.63	%
Deephaven Residential Mortgage Trust, Series 2017-3, Class A-3, 144A	2.813%	10/25/47	11/01/17-06/28/18		656,821		657,608		0.07	%
Deephaven Residential Mortgage Trust, Series 2018-1, Class A-3, 144A	3.202%	01/25/58	01/26/18		974,785		963,284		0.10	%
Deephaven Residential Mortgage Trust, Series 2018-2, Class A-1, 144A	3.479%	04/25/58	05/23/18-02/03/20		3,325,915		3,250,850		0.33	%
DriveTime Automotive Group, Inc./Bridgecrest Acceptance Corp., 144A	8.000%	06/01/21	04/20/16-05/26/16		5,849,265		5,310,000		0.54	%
FMG Resources August 2006 Pty., Ltd., 144A	4.750%	05/15/22	6/18/19-03/19/20		4,696,473		4,801,925		0.49	%
FMR LLC, 144A	5.350%	11/15/21	10/23/19		2,389,025		2,438,802		0.25	%
FMR LLC, 144A	6.450%	11/15/39	03/27/19		3,328,538		3,445,860		0.35	%
Georiga-Pacific LLC, 144A	5.400%	11/01/20	10/30/19		2,118,459		2,097,873		0.21	%
GTP Acquisition Partners I LLC, Series 2015-1-2, Class A 15-2, 144A	3.482%	06/16/25	05/20/15-05/27/15		10,814,347		10,861,854		1.11	%
Hanesbrand, Inc., 144A	4.625%	05/15/24	03/18/20-03/23/20		1,133,388		1,228,590		0.13	%
Harley-Davidson Financial Services, Inc., 144A	4.050%	02/04/22	01/31/19		8,595,724		8,406,983		0.86	%
InSite Issuer, LLC, Series 2016-1, Class C, 144A	6.414%	11/15/46	10/25/16-02/12/19		5,796,176		4,790,544		0.49	%
Massachusetts Mutual Life Insurance Co., 144A	3.729%	10/15/70	10/14/19		2,342,120		2,112,771		0.22	%
Nexstar Broadcasting, Inc., 144A	5.625%	08/01/24	07/13/16		5,277,633		4,941,510		0.50	%
Northwestern Mutual Life Insurance Co. (The), 144A	3.850%	09/30/47	05/23/18-09/30/19		6,259,065		5,735,344		0.58	%
Provident Funding Associates LP/PFG Finance Corp., 144A	6.375%	06/15/25	05/24/17-03/24/20		5,725,033		5,188,312		0.53	%
SBA Tower Trust, Series 2016-1, Class 2016-1-C1, 144A	2.877%	07/10/46	11/19/19-11/22/19		6,830,937		6,781,551		0.69	%
Sequoia Mortgage Trust, Series 2017-CH2, Class A-10, 144A	4.000%	12/25/47	11/07/17-09/19/18		2,355,256		2,303,985		0.23	%
Sierra Timeshare Conduit Receivables Funding LLC, Series 2017-1, Class A, 144A	2.910%	03/20/34	3/13/17-07/23/19		1,046,434		1,031,885		0.11	%
Silgan Holdings, Inc., 144A	4.125%	02/01/28	11/04/19		1,731,106		1,591,313		0.16	%
Sirius XM Radio, Inc., 144A	5.375%	07/15/26	03/30/20		3,060,000		3,059,700		0.31	%
Tenaska Alabama II Partners LP, 144A	6.125%	03/30/23	10/09/03-09/04/09		82,983		84,701		0.01	%
Tenaska Virginia Partners LP, 144A	6.119%	03/30/24	04/29/04-06/26/14		87,687		94,630		0.01	%
Tesco PLC, 144A	6.150%	11/15/37	10/07/14		2,257,118		2,471,556		0.25	%
VB-S1 Issuer LLC, Series 2016-1, Class F, 144A	6.901%	06/15/46	06/08/16-05/09/19		7,749,503		7,552,081		0.77	%
Vistra Operations Co., LLC, 144A	5.000%	07/31/27	06/17/19-07/24/19		3,602,800		3,603,250		0.37	%
West Fraser Timber Co., Ltd., 144A	4.350%	10/15/24	10/07/14		5,220,000		5,128,432		0.52	%
				$	128,488,541	$	124,585,208		12.70	%

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL QUALITY HIGH YIELD FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
CORPORATE BONDS - 96.2%	Coupon	Maturity	Par Value		Value
Finance - 7.5%
Gaming - 2.4%
MGM Growth Properties Operating Partnership LP	4.500%	01/15/28	$	1,471,000	$	1,250,350
Health Insurance - 1.5%
Centene Corp., 144A (a)	5.375%	06/01/26		725,000		746,830
Mortgage Banking - 1.1%
Provident Funding Associates LP/PFG Finance Corp., 144A (a)	6.375%	06/15/25		684,000		572,850
Real Estate Investment Trusts - 2.5%
MPT Operating Partnership LP/MPT Finance Corp.	5.000%	10/15/27		1,350,000		1,309,500
Industrial - 86.5%
Automobile Manufacturing - 2.2%
Goodyear Tire & Rubber Co.	5.000%	05/31/26		470,000		433,575
Goodyear Tire & Rubber Co.	4.875%	03/15/27		750,000		688,125
						1,121,700
Building Products - 5.4%
James Hardie International Finance DAC, 144A (a)	4.750%	01/15/25		839,000		790,766
Masco Corp.	6.500%	08/15/32		966,000		1,129,491
Summit Materials LLC	6.125%	07/15/23		875,000		866,250
						2,786,507
Chemicals - 3.7%
Compass Minerals International, Inc., 144A (a)	4.875%	07/15/24		1,200,000		1,128,000
Olin Corp.	5.125%	09/15/27		300,000		268,069
Olin Corp.	5.000%	02/01/30		575,000		493,867
						1,889,936
Construction Machinery - 2.8%
United Rentals North America, Inc.	6.500%	12/15/26		1,450,000		1,471,750

SEGALL BRYANT & HAMILL QUALITY HIGH YIELD FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 96.2% (Continued)	Coupon	Maturity	Par Value		Value
Consumer Products - 2.0%
Vista Outdoor, Inc.	5.875%	10/01/23	$	1,250,000	$	1,034,137
Diversified Manufacturing - 1.8%
Wesco Distribution, Inc.	5.375%	06/15/24		1,100,000		935,000
Electronics - 3.1%
Amkor Technology, Inc., 144A (a)	6.625%	09/15/27		500,000		470,000
Dell, Inc.	7.100%	04/15/28		655,000		628,800
EMC Corp.	3.375%	06/01/23		515,000		507,275
						1,606,075
Food Processors - 1.3%
Kraft Heinz Food Co.	4.625%	01/30/29		650,000		655,240
Healthcare Facilities / Supplies - 5.6%
Hill-Rom Holdings, Inc., 144A (a)	5.000%	02/15/25		500,000		505,000
Hologic, Inc., 144A (a)	4.375%	10/15/25		1,000,000		990,290
Teleflex, Inc.	4.875%	06/01/26		595,000		580,125
Teleflex, Inc.	4.625%	11/15/27		825,000		824,093
						2,899,508
Independent Energy - 8.2%
Apache Corp.	3.250%	04/15/22		515,000		396,458
Apache Corp.	4.250%	01/15/30		325,000		171,873
Diamondback Energy, Inc.	3.500%	12/01/29		1,661,000		1,171,357
Occidental Petroleum Corp.	7.500%	05/01/31		296,000		153,229
PDC Energy, Inc., CV	1.125%	09/15/21		1,320,000		1,076,661
PDC Energy, Inc.	6.125%	09/15/24		290,000		154,787
Range Resources Corp.	4.875%	05/15/25		1,850,000		1,100,750
						4,225,115
Information / Data Technology - 1.2%
CDK Global, Inc.	5.000%	10/15/24		650,000		649,942
Leisure / Entertainment - 2.3%
Cedar Fair LP	5.375%	04/15/27		292,000		251,120
Cedar Fair LP, 144A (a)	5.250%	07/15/29		1,100,000		929,500
						1,180,620

SEGALL BRYANT & HAMILL QUALITY HIGH YIELD FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 96.2% (Continued)	Coupon	Maturity	Par Value		Value
Media - Cable - 3.8%
CCO Holdings LLC/CCO Holdings Capital Corp., 144A (a)	5.875%	04/01/24	$	975,000	$	996,938
DISH DBS Corp.	5.875%	07/15/22		1,000,000		973,820
						1,970,758
Media - Non-Cable - 10.6%
AMC Networks, Inc.	4.750%	12/15/22		651,000		631,275
Lamar Media Corp.	5.750%	02/01/26		140,000		143,248
Lamar Media Corp., 144A (a)	3.750%	02/15/28		1,275,000		1,195,160
Netflix, Inc.	5.750%	03/01/24		775,000		813,758
Nexstar Broadcasting, Inc., 144A (a)	5.625%	08/01/24		250,000		235,310
Nexstar Broadcasting, Inc., 144A (a)	5.625%	07/15/27		750,000		733,125
Nielsen Co. (Luxembourg) SARL (The), 144A (a)	5.000%	02/01/25		750,000		695,625
Outfront Media Capital LLC	5.625%	02/15/24		45,000		44,550
Sirius XM Radio, Inc., 144A (a)	5.375%	04/15/25		1,000,000		1,009,990
						5,502,041
Metals / Mining - 5.1%
FMG Resources August 2006 Pty., Ltd., 144A (a)	4.750%	05/15/22		850,000		846,813
FMG Resources August 2006 Pty., Ltd., 144A (a)	5.125%	05/15/24		500,000		492,500
Teck Resources, Ltd.	4.750%	01/15/22		540,000		518,332
Teck Resources, Ltd.	3.750%	02/01/23		831,000		782,823
						2,640,468
Midstream Energy - 4.9%
AmeriGas Partners LP/AmeriGas Financial Corp.	5.625%	05/20/24		1,400,000		1,303,750
Tennessee Gas Pipeline Co. LLC	8.375%	06/15/32		1,019,000		1,238,710
						2,542,460
Packaging - 3.4%
Berry Plastics Corp.	5.125%	07/15/23		871,000		872,916
Silgan Holdings, Inc.	4.750%	03/15/25		750,000		723,750
Silgan Holdings, Inc., 144A (a)	4.125%	02/01/28		175,000		161,438
						1,758,104
Paper & Forest Products - 1.1%
West Fraser Timber Co., Ltd., 144A (a)	4.350%	10/15/24		600,000		589,475

SEGALL BRYANT & HAMILL QUALITY HIGH YIELD FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 96.2% (Continued)	Coupon	Maturity	Par Value		Value
Refining - 1.3%
Andeavor LLC	5.375%	10/01/22	$	750,000	$	674,361
Restaurants - 2.2%
Aramark Services, Inc.	4.750%	06/01/26		1,200,000		1,130,760
Retail Stores - 4.4%
DriveTime Automotive Group, Inc./Bridgecrest Acceptance Corp., 144A (a)	8.000%	06/01/21		1,125,000		995,625
Hanesbrands, Inc., 144A (a)	4.625%	05/15/24		1,025,000		1,014,750
Hanesbrands, Inc., 144A (a)	4.875%	05/15/26		250,000		245,625
						2,256,000
Services - 3.0%
QVC, Inc.	4.850%	04/01/24		525,000		454,132
QVC, Inc.	4.750%	02/15/27		680,000		601,946
Service Corp. International	4.625%	12/15/27		501,000		501,000
						1,557,078
Theater Entertainment - 1.1%
Cinemark USA, Inc.	4.875%	06/01/23		750,000		560,625
Vehicle Parts - 4.6%
Allison Transmission, Inc., 144A (a)	5.000%	10/01/24		1,225,000		1,188,250
Meritor, Inc.	6.250%	02/15/24		1,250,000		1,187,637
						2,375,887
Wireless Telecommunications - 1.4%
T-Mobile USA, Inc.	6.500%	01/15/24		700,000		710,500
Utility - 2.2%
Electric - 2.2%
Vistra Operations Co. LLC, 144A (a)	5.000%	07/31/27		1,100,000		1,116,500
Total Corporate Bonds (Cost $54,330,653)					$	49,720,077

SEGALL BRYANT & HAMILL QUALITY HIGH YIELD FUND
STATEMENT OF INVESTMENTS (Continued)
ASSET BACKED SECURITIES - 1.4%	Coupon	Maturity	Par Value		Value
InSite Issuer LLC, Series 2016-1, Class C, 144A (a) (Cost $849,738)	6.414%	11/15/46	$	850,000	$	703,275
Investments at Value - 97.6% (Cost $55,180,391)					$	50,423,352
Other Assets in Excess of Liabilities - 2.4%						1,261,115
Net Assets - 100.0%					$	51,684,467

^(a) Security was purchased in a transaction exempt from registration in compliance with Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. These securities are restricted. See the table on the following page for additional information regarding each restricted security.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL QUALITY HIGH YIELD FUND

RESTRICTED SECURITIES

March 31, 2020

Issuer Description	Coupon	Maturity Date	Acquisition Date(s)	Cost		Value		Value as a Percentage of Net Assets
Allison Transmission, Inc., 144A	5.000%	10/01/24	09/14/16-05/01/17	$	1,236,110	$	1,188,250		2.30	%
Amkor Technology, Inc., 144A	6.625%	09/15/27	03/21/19-05/29/19		494,262		470,000		0.91	%
CCO Holdings LLC/CCO Holdings Capital Corp., 144A	5.875%	04/01/24	06/10/16-08/05/16		1,000,412		996,938		1.93	%
Cedar Fair LP, 144A	5.250%	07/15/29	07/16/19		1,173,539		929,500		1.80	%
Centene Corp., 144A	5.375%	06/01/26	05/09/18		725,000		746,830		1.44	%
Compass Minerals International, Inc., 144A	4.875%	07/15/24	10/23/14-03/18/15		1,192,201		1,128,000		2.18	%
DriveTime Automotive Group, Inc./Bridgecrest Acceptance Corp., 144A	8.000%	06/01/21	03/10/16-07/12/17		1,102,455		995,625		1.93	%
FMG Resources August 2006 Pty., Ltd., 144A	4.750%	05/15/22	05/09/17-03/12/20		845,409		846,813		1.64	%
FMG Resources August 2006 Pty., Ltd., 144A	5.125%	05/15/24	03/03/20		523,928		492,500		0.95	%
Hanesbrands, Inc., 144A	4.625%	05/15/24	05/03/16-01/08/19		1,015,957		1,014,750		1.96	%
Hanesbrands, Inc., 144A	4.875%	05/15/26	3/13/2020		249,381		245,625		0.48	%
Hill-Rom Holdings, Inc., 144A	5.000%	02/15/25	02/09/17		500,000		505,000		0.98	%
Hologic, Inc., 144A	4.375%	10/15/25	10/04/17-01/17/18		1,005,248		990,290		1.92	%
InSite Issuer LLC, Series 2016-A1, Class C, 144A	6.414%	11/15/46	10/25/16-12/18/18		849,738		703,275		1.36	%
James Hardie International Finance DAC, 144A	4.750%	01/15/25	11/29/17-11/20/18		829,879		790,766		1.53	%
Lamar Media Corp., 144A	3.750%	02/15/28	01/23/20-02/26/20		1,282,254		1,195,160		2.31	%
Nexstar Broadcasting, Inc., 144A	5.625%	08/01/24	07/13/16-07/14/16		250,185		235,310		0.46	%
Nexstar Broadcasting, Inc., 144A	5.625%	07/15/27	11/12/19-03/03/20		789,284		733,125		1.42	%
Nielsen Co. (Luxembourg) SARL (The), 144A	5.000%	02/01/25	06/07/17-11/15/17		763,443		695,625		1.35	%
Provident Funding Associates LP/PFG Finance Corp., 144A	6.375%	06/15/25	05/24/17-03/24/20		530,397		572,850		1.11	%
Silgan Holdings, Inc., 144A	4.125%	02/01/28	11/4/2019		175,619		161,438		0.31	%
Sirius XM Radio, Inc., 144A	5.375%	04/15/25	08/03/17		1,037,298		1,009,990		1.95	%
Vistra Operations Co., LLC, 144A	5.000%	07/31/27	06/06/19-07/24/19		1,111,303		1,116,500		2.16	%
West Fraser Timber Co., Ltd., 144A	4.350%	10/15/24	06/20/16-12/02/16		573,785		589,475		1.14	%
				$	19,257,087	$	18,353,635		35.52	%

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
MUNICIPAL BONDS - 90.7%	Coupon	Maturity	Par Value		Value
Certificates of Participation - 1.5%
Lease / Rent - 1.5%
Monterey County California COP Public Facilities Financing, Series 2015 (a)	4.000%	09/01/45	$	185,000	$	204,288
Public Water Supply of District No. 1 of Lincoln County, Series 2019 (a)	4.000%	07/01/38		500,000		546,700
Washington State State & Local Agency Real & Personal Property, Series 2018-C (a)	5.000%	07/01/43		475,000		571,525
						1,322,513
Environmental - 4.1%
Other - 4.1%
Virginia Small Business Financing Authority, 144A, Series 2017 (a) (b) (d)	3.000%	07/01/50		3,500,000		3,480,715
General Obligation - 26.3%
Local - 26.3%
Alvin Independent School District, Series 2017 (a)	4.000%	02/15/44		265,000		294,985
Central Platte Valley Metropolitan District, Series 2013-A (a)	6.000%	12/01/38		1,450,000		1,556,764
Central Platte Valley Metropolitan District, Series 2013-A (a)	5.625%	12/01/38		70,000		74,610
Central Platte Valley Metropolitan District, Series 2014 (a)	5.000%	12/01/43		3,750,000		3,792,262
Chaffey California Joint Union High School District California, Series D (a)	0.000%	08/01/38		1,220,000		731,085
Copperleaf Colorado Metropolitan District No. 2, Series 2015 (a)	5.750%	12/01/45		1,000,000		1,005,150
Copperleaf Colorado Metropolitan District No. 2, Series 2019-B (a)	5.000%	12/15/49		1,020,000		897,590
Fort Bend County Texas Levee District No. 6, Series 2019 (a)	3.000%	09/01/33		320,000		327,408
Fort Bend County Texas Municipal Utility District No. 128, Series 2014 (a)	3.650%	09/01/29		205,000		212,249

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Local - 26.3% (Continued)
Fort Bend County Texas Municipal Utility District No. 25, Series 2019 (a)	3.000%	10/01/34	$	895,000	$	925,233
Fort Bend County Texas Municipal Utility District No. 57, Series 2015 (a)	3.125%	04/01/32		250,000		252,308
Harris County Texas Municipal Utility District No. 166, Series 2019 (a)	3.000%	09/01/29		250,000		256,683
Hays County Water Control & Improvement District No. 2, Series 2013 (a)	4.600%	09/01/33		390,000		422,312
Hermosa Beach California City School District, Series 2005-B	0.000%	08/01/30		250,000		202,970
High Plains Metropolitan District, NATL, Series 2017 (a) (c)	5.000%	12/01/35		295,000		349,808
King County Washington Public Hospital District #2 Evergreen Health, Series 2020-A (a)	4.000%	12/01/45		2,000,000		2,183,000
Kings Manor Texas Municipal Utility District, Series 2019 (a)	3.000%	09/01/31		540,000		552,258
Kings Manor Texas Municipal Utility District, Series 2019 (a)	3.000%	09/01/32		250,000		254,798
Las Vegas Nevada City Hall, Series 2015-C	4.000%	09/01/38		855,000		943,039
Lazy Nine Texas Municipal Utility District No. 1B, Series 2014 (a)	4.000%	09/01/34		100,000		101,223
Marin California Healthcare District Election 2013, Series 2017-A (a)	4.000%	08/01/47		600,000		660,588
Northwest Harris County Texas Municipal Utility District No. 19, Series 2015 (a)	3.125%	10/01/30		475,000		483,118
Northwest Harris County Texas Municipal Utility District No. 19, Series 2014-A (a)	4.000%	10/01/37		250,000		257,542
Northwest Harris County Texas Municipal Utility District No. 5, Series 2013 (a)	3.000%	05/01/31		590,000		593,859
Port Tacoma Washington, Series 2016-A (a)	4.000%	12/01/37		800,000		890,608
Roseville California Joint Union High School District No. 1, Series D (a)	0.000%	08/01/41		710,000		391,487
Roseville California Joint Union High School District No. 1, Series D (a)	0.000%	08/01/42		895,000		476,650

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Local - 26.3% (Continued)
Sonterra Texas Municipal Utility District, Series 2020 (a)	4.000%	08/15/39	$	890,000	$	936,057
Travis County Texas Municipal Utility District No. 21, Series 2016 (a)	3.000%	09/01/27		100,000		105,279
Travis County Texas Municipal Utility District No. 21, Series 2016 (a)	3.500%	09/01/33		215,000		223,224
West Harris County Texas Municipal District No. 5, Series 2015 (a)	3.375%	09/01/27		105,000		108,841
Winton Woods City Ohio School District, Series 2017-A (a)	4.000%	11/01/53		1,950,000		2,014,603
						22,477,591
Local Authority - 6.1%
Education - 0.6%
Administrators of the Tulane Educational Fund, Series 2013-C (a)	5.000%	10/01/47		170,000		180,577
Calcasieu Parish Lousiana School Board Excess Revenue, Series 2020	2.329%	02/01/24		300,000		307,446
						488,023
Healthcare - 0.8%
City of Jackson Tennessee, Series 2018-B	3.761%	04/01/20		300,000		300,000
Denver Health & Hospital Authority, Series B (a)	4.900%	12/01/24		410,000		430,959
						730,959
Local - 1.8%
King County Washington Public Hospital District #2 Evergreen Health, Series 2020-B (a)	2.344%	12/01/32		550,000		531,229
King County Washington Public Hospital District #2 Evergreen Health, Series 2020-B (a)	2.444%	12/01/33		1,000,000		970,270
						1,501,499
Tax - 0.1%
County of Pitkin Colorado, Series 2010-A	6.689%	12/01/30		100,000		103,121

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Transportation - 0.6%
Ohio State Turnpike and Infrastructure Commission Revenue, Series 2020-A	2.401%	02/15/30	$	490,000	$	493,283
Utilities - 2.2%
Anaheim California Housing & Public Improvement Authority Revenue, Series 2020-B (a)	2.992%	10/01/34		1,000,000		1,015,190
Anaheim California Housing & Public Improvement Authority Revenue, Series 2020-B (a)	2.703%	10/01/35		400,000		400,552
Warm Spring or Reservation Confederated, Series 2019-A	2.950%	11/01/23		250,000		255,130
Warm Spring or Reservation Confederated, Series 2019-A	3.050%	11/01/24		200,000		205,268
						1,876,140
Revenue - 52.7%
Education - 8.1%
California Educational Facilities Authority, Series 2016 (a) (b)	5.000%	10/01/46		1,500,000		1,735,320
Harris County Cultural Education Facilities Finance Corp., Series 2016 (a)	4.000%	11/15/30		300,000		332,412
Louisiana State Public Facilities Authority, Series 2013-B (a)	4.000%	10/01/40		500,000		515,500
Massachusetts State Build America Bond, Series 2010-D	4.500%	08/01/31		440,000		519,147
Massachusetts State Development Finance Agency, Series 2012	4.000%	09/01/49		1,100,000		1,121,010
Miami-Dade County Educational Facilities Authority, Series 2015-A (a)	5.000%	04/01/31		20,000		22,466
Ohio State University General Receipts Special Purpose, Series 2013-A (a)	4.000%	06/01/43		900,000		956,916
Tulsa Industrial Authority, Series 2011	4.000%	10/01/21		135,000		137,736
Warrensville Heights Ohio City School District, Series 2019-A (a)	5.250%	12/01/55		1,250,000		1,428,112

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Education - 8.1% (Continued)
Washington State Higher Education Facilities Authority, Series 2013-A (a)	5.250%	04/01/43	$	175,000	$	188,429
						6,957,048
Healthcare - 2.7%
Capital Trust Agency, Inc., Series 2018-B (a)	3.750%	07/01/23		155,000		147,112
City of Lakeland Florida, Series 2016 (a)	5.000%	11/15/29		50,000		59,780
City of Lakeland Florida, Series 2015 (a)	5.000%	11/15/45		100,000		112,535
Colorado Health Facilities Authority, Series 2008-D-2 (a)	5.000%	01/01/22		60,000		62,912
Colorado Health Facilities Authority, Series 2012 (a)	5.000%	01/01/23		50,000		52,305
Colorado Health Facilities Authority, Series 2012 (a)	5.000%	01/01/25		60,000		62,553
Colorado Health Facilities Authority, Series 2008-D-2 (a)	5.375%	10/01/37		25,000		28,575
Colorado Health Facilities Authority, Series 2015 (a)	5.000%	05/15/40		850,000		961,928
Illinois Finance Authority, Series 2015-A (a)	5.000%	11/15/34		130,000		147,343
Illinois Finance Authority, Series 2012-A (a)	4.250%	05/15/41		375,000		388,448
Illinois Finance Authority, Series 2016-A (a)	5.000%	02/15/45		100,000		115,806
Illinois Finance Authority, Series 2012 (a)	4.000%	06/01/47		35,000		36,156
Kentucky State Economic Development Finance Authority, Series 2009-B (a)	2.700%	05/01/39		25,000		25,366
Washington State Health Care Facilities Authority, Series 2013A-1 (a)	5.250%	01/01/40		95,000		103,920
						2,304,739
Lease / Rent - 1.2%
Hamilton Community Authority, Series 2019-A (a)	4.000%	10/15/46		990,000		1,057,775
Other - 0.1%
Colorado Education & Cultural Facilities Authority, Series B (a)	4.000%	12/01/38		50,000		51,227

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Public Services - 2.2%
Michigan State Financial Authority Revenue School Loan Revolving Fund, Series B-2 (a) (b)	2.716%	09/01/49	$	520,000	$	473,814
Michigan Strategic Fund, Series A (a)	5.250%	10/15/40		900,000		1,058,850
Park Creek Metropolitan District, Series 2017-A (a)	5.000%	12/01/35		275,000		315,747
						1,848,411
Recreation - 0.2%
Denver Colorado Convention Center Hotel Authority Revenue, Series 2016 (a)	5.000%	12/01/40		175,000		175,210
Services - 0.7%
San Antonio Texas Electric & Gas Revenue, Series 2020 (a)	5.000%	02/01/49		500,000		633,290
State and Non-State Appropriated Tobacco - 1.2%
Buckeye Ohio Tobacco Settlement Financing Authority, Series 2020-A-2 CL 1 (a)	4.000%	06/01/38		925,000		1,012,588
Tax - 11.4%
City of Williston North Dakota, Series 2018-A	3.200%	07/15/24		515,000		524,069
Denver Colorado Urban Renewal Authority Tax Increment Revenue, Series 2013-A-1	5.000%	12/01/21		170,000		180,724
Denver Colorado Urban Renewal Authority Tax Increment Revenue, Series 2018-A (a)	5.250%	12/01/39		2,000,000		1,878,480
Hesperia California Community Redevelopment Agency Successor, Series 2018-A (a)	3.375%	09/01/37		2,700,000		2,858,895
Jamestown Park District, Series A (a)	4.000%	07/01/33		1,000,000		1,079,910
Northglenn Urban Renewal Authority, Series 2019 (a)	4.000%	12/01/34		400,000		422,328

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Tax - 11.4% (Continued)
Northglenn Urban Renewal Authority, Series 2019 (a)	4.000%	12/01/35	$	525,000	$	551,733
Riverside County California Redevelopment Agency, Series B	0.000%	10/01/38		730,000		437,285
Roaring Fork County Transportation Authority Sales & Use Tax, Series 2019 (a)	4.000%	12/01/44		150,000		170,781
Southwest Houston Texas Redevelopment Authority, Series 2017-B (a)	4.000%	09/01/40		1,350,000		1,471,932
Village Community Development District No. 5, Series Phase 1 (a)	3.125%	05/01/22		165,000		168,816
						9,744,953
Transportation - 17.5%
Arizona Industrial Development Authority, Series 2018 (a)	5.000%	05/01/33		500,000		525,070
Arizona Industrial Development Authority, Series 2018 (a)	5.000%	05/01/48		375,000		370,868
Central Texas Regional Mobility Authority, Series A (a)	5.000%	01/01/45		635,000		679,323
Central Texas Turnpike System, Series C	5.000%	08/15/30		120,000		126,751
Colorado High Performance Transportation Enterprise, Series 2014 (a)	5.750%	01/01/44		750,000		775,282
Colorado High Performance Transportation Enterprise, Series 2017 (a)	5.000%	12/31/51		175,000		177,793
Colorado High Performance Transportation Enterprise, Series 2017 (a)	5.000%	12/31/56		1,500,000		1,520,745
Fort Bend Grand Parkway Toll Road Authority, Series 2012 (a)	4.000%	03/01/46		2,365,000		2,449,833
Mid-Bay Bridge Authority, Series A (a)	5.000%	10/01/35		1,180,000		1,268,158
North Carolina State Turnpike Authority Monroe Expressway Toll Revenue, Series A (a)	5.000%	07/01/42		750,000		802,830

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Transportation - 17.5% (Continued)
Pennsylvania Turnpike Commission, Series 2015-B (a)	5.000%	12/01/45	$	1,025,000	$	1,176,280
Regional Transportation District, Series 2010 (a)	5.250%	07/15/24		500,000		501,790
Regional Transportation District, Series 2010 (a)	5.375%	01/15/25		170,000		170,678
Regional Transportation District, Series 2010 (a)	5.375%	07/15/25		30,000		30,120
Regional Transportation District, Series 2010 (a)	6.000%	01/15/26		345,000		347,022
Regional Transportation District, Series 2010 (a)	6.000%	01/15/34		1,000,000		1,005,970
Virginia Small Business Financing Authority, Series 2017 (a)	5.000%	01/01/40		130,000		130,486
Virginia State Commonwealth Transportation Board, Series 2017 (a)	4.000%	05/15/42		620,000		694,977
Wayne County Airport Authority, Series D (a)	5.000%	12/01/40		2,000,000		2,255,420
						15,009,396
Utilities - 7.4%
Cinco Southwest Municipal Utility District No. 1, Series 2019 (a)	3.000%	12/01/35		445,000		456,018
Garland Texas Electric Utility Systems, Series 2019 (a)	5.000%	03/01/44		325,000		395,457
Lower Colorado River Authority Texas Transmission Contract Revenue, Series 2016 (a)	4.000%	05/15/42		500,000		537,055
Lower Colorado River Authority Texas Transmission Contract Revenue, Series 2019-A (a)	4.000%	05/15/49		2,175,000		2,397,350
Norco California Financing Authority Enterprise Revenue, Series 2019-A (a)	4.000%	10/01/44		500,000		566,590
Rapid City South Dakota Water, Series 2015 (a)	4.000%	11/01/37		775,000		849,973

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 90.7% (Continued)	Coupon	Maturity	Par Value		Value
Utilities - 7.4% (Continued)
San Francisco City & County California Public Utilities Commission Wastewater Green Bond, Series 2018-A (a)	5.000%	10/01/43	$	1,000,000	$	1,099,640
						6,302,083
Total Municipal Bonds (Cost $77,038,373)					$	77,570,564

SEGALL BRYANT & HAMILL MUNICIPAL OPPORTUNITIES FUND
STATEMENT OF INVESTMENTS (Continued)
CORPORATE BONDS - 2.6%	Coupon	Maturity	Par Value		Value
Industrial - 2.6%
Independent Energy - 1.9%
PDC Energy, Inc., CV	1.125%	09/15/21	$	2,000,000	$	1,631,304
Leisure / Entertainment - 0.7%
YMCA of Greater New York, Series 2020	2.260%	08/01/21		600,000		609,325
Total Corporate Bonds (Cost $2,424,730)					$	2,240,629
Investments at Value - 93.3% (Cost $79,463,103)					$	79,811,193
Other Assets in Excess of Liabilities - 6.7%						5,694,247
Net Assets - 100.0%					$	85,505,440

(a)	Security can be called and redeemed at the option of the issuer prior to the stated maturity date which is included in the Statement of Investments.
(b)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of March 31, 2020. For securities based on a published reference rate and spread, the reference rate and spread (in basis points) are indicated parenthetically. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities, therefore, do not indicate a reference rate and spread.
(c)	This security is insured. In the event of a default by the bond issuer, the issuer, as noted in the security description, guarantees that scheduled principal and interest payments will be made when due.
(d)	Security was purchased in a transaction exempt from registration in compliance with Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. The total value of such securities is $3,480,715 as of March 31, 2020, representing 4.1% of net assets.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS
March 31, 2020 (Unaudited)
MUNICIPAL BONDS - 95.5%	Coupon	Maturity	Par Value		Value
Certificates Participation - 16.0%
Healthcare - 0.4%
Denver Health & Hospital Authority, Series 2018 (a)	5.000%	12/01/30	$	350,000	$	430,833
Denver Health & Hospital Authority, Series 2018 (a)	5.000%	12/01/31		350,000		429,929
Denver Health & Hospital Authority, Series 2018 (a)	5.000%	12/01/32		225,000		275,726
Denver Health & Hospital Authority, Series 2018 (a)	5.000%	12/01/33		240,000		293,515
						1,430,003
Lease / Rent - 15.4%
Aspen Colorado COP, Series 2019 (a)	5.000%	12/01/44		2,070,000		2,585,120
Berthoud Colorado COP, Series 2020 (a)	4.000%	12/01/40		3,765,000		4,333,553
Berthoud Colorado COP, Series 2020 (a)	4.000%	12/01/49		9,255,000		10,431,125
Castle Pines North Metropolitan District Colorado COP, Series 2015 (a)	4.000%	12/01/44		750,000		770,483
City & County of Denver Colorado, Series 2018-A (a)	5.375%	06/01/43		7,000,000		8,287,650
City & County of Denver Colorado, NATL, Series 2005-A (a) (b)	5.250%	05/01/20		680,000		682,224
City of Aurora Colorado, Series 2017 (a)	5.000%	12/01/34		450,000		540,094
City of Aurora Colorado, Series 2017 (a)	5.000%	12/01/35		615,000		736,844
Colorado State Building Excellent Schools Today COP, Series 2019-O (a)	5.000%	03/15/36		1,750,000		2,192,820
Colorado State Building Excellent Schools Today COP, Series 2019-O (a)	4.000%	03/15/37		1,450,000		1,680,492
Colorado State COP Rural Colorado, Series 2018-A (a)	5.000%	12/15/37		1,000,000		1,226,190
County of Larimer Colorado, Series 2019 (a)	4.000%	12/01/33		3,400,000		4,036,378
Denver City & County School District No. 1 COP, Series 2020-A (a)	5.000%	12/01/33		275,000		360,239
Denver City & County School District No. 1 COP, Series 2018-B (a)	5.000%	12/01/36		3,980,000		4,108,116
Denver City & County School District No. 1 COP, Series 2020-A (a)	5.000%	12/01/38		2,580,000		3,298,478

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Lease / Rent - 15.4% (Continued)
Denver City & County School District No. 1 COP, Series 2020-A (a)	5.000%	12/01/39	$	2,055,000	$	2,623,125
Denver City & County School District No. 1 COP, Series 2020-A (a)	5.000%	12/01/40		1,800,000		2,292,930
Denver City & County School District No. 1 COP, Series 2020-A (a)	5.000%	12/01/42		1,860,000		2,361,196
Grand Junction Colorado COP, Series 2019 (a)	4.000%	12/01/35		550,000		635,877
Gunnison County Colorado COP, Series 2020 (a)	4.000%	12/01/34		125,000		145,676
Gunnison County Colorado COP, Series 2020 (a)	4.000%	12/01/35		390,000		452,735
Gunnison County Colorado COP, Series 2020 (a)	4.000%	12/01/36		810,000		937,267
Gunnison County Colorado COP, Series 2020 (a)	4.000%	12/01/37		840,000		968,176
Platteville-Gilcrest Fire Protection District COP, Series 2018 (a)	5.000%	12/01/33		175,000		214,952
Pueblo County School District No. 70, Series 2014	2.375%	01/15/21		270,000		270,229
State of Colorado Department of Transportation, Series 2017 (a)	5.000%	06/15/41		880,000		1,022,578
State of Colorado Department of Transportation, Series 2016	5.000%	06/15/41		1,005,000		1,007,744
Town of Firestone Colorado, Series 2018 (a)	5.000%	12/01/42		3,000,000		3,508,170
Winter Park Colorado COP, Series 2019 (a)	4.000%	12/01/28		360,000		421,880
						62,132,341
Local - 0.2%
South Suburban Park & Recreation District, Series 2019 (a)	5.000%	12/15/31		690,000		870,663
General Obligation - 18.8%
Local - 18.3%
Anthem West Metropolitan District, BAM, Series 2015 (a) (b)	5.000%	12/01/35		1,165,000		1,353,777

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Local - 18.3% (Continued)
Arapahoe County School District No. 2 Sheridan Colorado, Series 2013 (a)	3.500%	06/01/28	$	600,000	$	634,374
Arapahoe County School District No. 6 Littleton Colorado, Series 2019A (a)	5.500%	12/01/43		5,000,000		6,305,100
Beacon Point Metropolitan District, Series 2015 (a)	5.000%	12/01/30		1,000,000		1,173,170
BNC Metropolitan District No. 1, BAM, Series 2017-A (a)	5.000%	12/01/32		360,000		434,517
BNC Metropolitan District No. 1, BAM, Series 2017-A (a)	5.000%	12/01/37		545,000		648,457
Bradburn Metropolitan District No. 2, Series 2018-A (a)	4.000%	12/01/28		500,000		464,895
Bradburn Metropolitan District No. 2, Series 2018-A (a)	5.000%	12/01/38		600,000		577,902
Bromley Park Metropolitan District No. 2, Series 2018-B (a)	6.375%	12/15/47		1,000,000		914,940
Bromley Park Metropolitan District No. 2, BAM, Series 2018-A (a) (b)	4.000%	12/01/47		2,500,000		2,782,575
Central Platte Valley Metropolitan District, Series 2013-A (a)	5.500%	12/01/29		750,000		809,468
Central Platte Valley Metropolitan District, Series 2013-A (a)	5.375%	12/01/33		1,600,000		1,711,712
Central Platte Valley Metropolitan District, Series 2013-A (a)	6.000%	12/01/38		1,000,000		1,073,630
Central Platte Valley Metropolitan District, Series 2013-A (a)	5.625%	12/01/38		2,875,000		3,064,347
Central Platte Valley Metropolitan District, Series 2014 (a)	5.000%	12/01/43		5,750,000		5,814,803
Copperleaf Metropolitan District No. 2, Series 2015 (a)	5.750%	12/01/45		3,000,000		3,015,450
Cornerstar Metropolitan District, Series A (a)	5.125%	12/01/37		1,000,000		973,310
Cottonwood Highlands Metropolitan District No. 1, Series 2019-A (a)	5.000%	12/01/49		900,000		841,950
Cross Creek Metropolitan District No. 2, AGM, Series 2018 (a) (b)	5.000%	12/01/34		2,480,000		3,073,613

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Local - 18.3% (Continued)
Douglas County Colorado School District, Series 2009	5.250%	12/15/21	$	120,000	$	128,460
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/32		500,000		589,130
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/33		550,000		646,035
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/34		550,000		643,599
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/35		500,000		582,805
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/36		700,000		809,984
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/37		750,000		860,925
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/38		500,000		572,095
Dove Valley Metropolitan District Arapahoe County, BAM, Series 2019 (a)	4.000%	12/01/39		600,000		685,482
Eagle Shadow Metropolitan District No. 1, Series 2013-A (a)	5.000%	11/15/32		500,000		526,325
Eaton Area Park & Recreation District, Series 2015 (a)	5.500%	12/01/30		470,000		482,713
Fossil Ridge Metropolitan District No. 3, Series 2016 (a)	5.000%	12/01/36		2,000,000		2,028,580
Fossil Ridge Metropolitan District No. 3, Series 2014 (a)	5.000%	12/01/44		1,000,000		1,011,380
Grand River Hospital District, AGM, Series 2018 (a) (b)	5.250%	12/01/32		1,000,000		1,260,460
Grand River Hospital District, AGM, Series 2018 (a) (b)	5.250%	12/01/33		1,000,000		1,257,020
High Plains Metropolitan District, NATL, Series 2017 (a) (b)	5.000%	12/01/35		500,000		592,895
Sand Creek County Metropolitan District, Series 2017 (a)	4.000%	12/01/35		380,000		433,234
SBC Metropolitan District, AGM, Series 2016 (a) (b)	5.000%	12/01/34		205,000		245,900

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Local - 18.3% (Continued)
Serenity Ridge Metropolitan District No. 2, Series 2018-A (a)	5.125%	12/01/43	$	725,000	$	680,093
Sierra Ridge Metropolitan District No. 2, Series 2016-A (a)	5.500%	12/01/46		4,500,000		4,435,740
South Suburban Park & Recreation District, Series 2019 (a)	4.000%	12/15/36		475,000		552,088
South Suburban Park & Recreation District, Series 2019 (a)	4.000%	12/15/37		425,000		492,001
South Suburban Park & Recreation District, Series 2019 (a)	4.000%	12/15/38		575,000		663,533
South Suburban Park & Recreation District, Series 2019 (a)	4.000%	12/15/39		565,000		651,055
Sterling Hills West Metropolitan District, Series 2017 (a)	5.000%	12/01/39		750,000		852,892
Tallyns Reach Metropolitan District No. 3, Series 2012 (a)	4.000%	12/01/21		820,000		853,415
Tallyns Reach Metropolitan District No. 3, Series 2016-A (a)	6.750%	11/01/38		1,697,000		1,625,268
Tallyns Reach Metropolitan District No. 3, Series 2013 (a)	5.125%	11/01/38		1,035,000		1,035,435
Thornton Development Authority, Series 2015 (a)	5.000%	12/01/24		440,000		507,571
Thornton Development Authority, Series 2015 (a)	5.000%	12/01/25		325,000		376,815
Thornton Development Authority, Series 2015 (a)	5.000%	12/01/26		530,000		614,238
Town of Estes Park Colorado Power & Communications, Series 2019-B	2.362%	11/01/23		770,000		786,047
Town of Estes Park Colorado Power & Communications, Series 2019-B	2.646%	11/01/25		430,000		442,766
Vista Ridge Metropolitan District, BAM, Series 2016-A (a) (b)	5.000%	12/01/27		485,000		580,419
Vista Ridge Metropolitan District, BAM, Series 2016-A (a) (b)	5.000%	12/01/28		750,000		894,960
Vista Ridge Metropolitan District, BAM, Series 2016-A (a) (b)	5.000%	12/01/31		1,250,000		1,477,862

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Local - 18.3% (Continued)
Weld County Colorado School District No. 2, Series 2019 (a)	5.000%	12/01/44	$	1,030,000	$	1,292,454
Weld County Colorado School District No. 6, Series 2020 (a)	5.000%	12/01/44		3,835,000		4,812,196
Wheatlands Metropolitan District, BAM, Series 2015 (a) (b)	5.000%	12/01/30		1,000,000		1,174,940
						73,826,800
State - 0.5%
Commonwealth of Puerto Rico, AGM, Series 2001-A (a) (b)	5.250%	07/01/20		1,800,000		1,808,946
Commonwealth of Puerto Rico, AGM, Series 2011-A (a) (b)	5.250%	07/01/24		100,000		102,841
						1,911,787
Local Authority - 5.4%
Housing - 1.4%
Colorado Health Facilities Authority, Series 2015 (a)	4.000%	01/15/45		2,155,000		2,265,207
Colorado Housing & Finance Authority, Series 2018-A-1	2.500%	04/01/20		845,000		845,000
Colorado Housing & Finance Authority, Series 2018-D	2.900%	11/01/20		450,000		451,998
Colorado Housing & Finance Authority, Series 2018-A-1 (a)	2.800%	10/01/21		550,000		554,521
Colorado State Housing and Finance Authority, Series 2020-C-1	1.878%	05/01/23		295,000		295,050
Colorado State Housing and Finance Authority, Series 2020-C-1	1.928%	11/01/23		340,000		339,755
Colorado State Housing and Finance Authority, Series 2020-C-1	2.025%	05/01/24		150,000		150,215
Colorado State Housing and Finance Authority, Series 2020-C-1	2.075%	11/01/24		250,000		250,520
Colorado State Housing and Finance Authority, Series 2020-C-1	2.175%	11/01/25		500,000		501,870
						5,654,136

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Lease / Rent - 0.6%
Aspen Public Facilities Authority, AGM, Series 2007-A	5.880%	09/01/32	$	270,000	$	271,007
Boulder Colorado COP, Series 2019	2.250%	11/01/24		500,000		514,105
Denver City & County School District No. 1 COP, Series 2013-B (a)	2.798%	12/15/22		1,500,000		1,540,995
						2,326,107
Local - 0.1%
Garfield County School District No. RE2, Series 2012-B (a)	3.050%	12/01/26		500,000		516,705
Public Services - 0.4%
City & County of Denver Colorado, Series 2018-A-1	3.293%	08/01/24		1,500,000		1,625,040
Recreation - 0.6%
Hyland Hills Park & Recreation District, Series 2016-B (a)	2.000%	12/15/20		150,000		150,760
Hyland Hills Park & Recreation District, Series 2016-B (a)	2.150%	12/15/21		135,000		136,372
Park Creek Metropolitan District, Series 2017-B (a)	2.850%	12/01/21		500,000		510,135
Park Creek Metropolitan District, Series 2017-B (a)	3.150%	12/01/23		405,000		423,687
Park Creek Metropolitan District, Series 2017-B (a)	3.300%	12/01/24		425,000		449,811
Park Creek Metropolitan District, Series 2017-B (a)	3.450%	12/01/25		500,000		532,635
Park Creek Metropolitan District, Series 2017-B (a)	3.600%	12/01/26		300,000		321,252
						2,524,652
Tax - 1.2%
Grand Junction Colorado General Fund Revenue Bonds, Series 2020-A	1.826%	03/01/25		620,000		626,963
Grand Junction Colorado General Fund Revenue Bonds, Series 2020-B	4.000%	03/01/49		1,235,000		1,407,110

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Tax - 1.2% (Continued)
Park Creek Metropolitan District, Series 2018-B	3.550%	12/01/22	$	665,000	$	697,326
Park Creek Metropolitan District, Series 2018-B	3.650%	12/01/23		805,000		856,045
Park Creek Metropolitan District, Series 2018-B	3.800%	12/01/24		440,000		475,235
Todd Creek Village Metropolitan District Colorado Water Activity Enterprise Revenue, Series 2018-B (a)	5.875%	12/01/38		930,000		932,027
						4,994,706
Utilities - 1.1%
City of Colorado Springs Colorado Utilities System Revenue, Series B-2 (a)	4.949%	11/15/24		4,000,000		4,353,640
Prerefunded - 1.7%
Healthcare - 1.7%
Colorado Health Facilities Authority, Series 2016 (a) (c)	4.000%	05/15/29		1,695,000		1,953,640
Colorado Health Facilities Authority, Series 2017 (a) (c)	5.000%	06/01/31		1,250,000		1,562,462
Colorado Health Facilities Authority, Series 2017 (a) (c)	5.000%	06/01/32		1,750,000		2,187,448
Colorado Health Facilities Authority, Series 2013-A (c)	5.250%	01/01/45		1,010,000		1,111,253
						6,814,803
Revenue - 53.6%
Education - 4.3%
Colorado Educational & Cultural Facilities Authority, Series 2017-A (a)	4.000%	03/01/33		1,125,000		1,270,102
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	10/01/34		1,975,000		2,127,964
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	05/01/35		3,145,000		3,141,603
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	10/01/36		1,500,000		1,756,740

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Education - 4.3% (Continued)
Colorado School of Mines, Series 2018-A (1MO LIBOR + 50) (a) (d)	1.585%	02/01/23	$	4,850,000	$	4,781,227
Colorado School of Mines, Series 2017-C	4.000%	12/01/37		225,000		255,362
Colorado State Board Community Colleges Refunding and Improvement Department Higher Education, Series 2017-A	5.000%	11/01/26		105,000		128,645
Colorado State Board Community Colleges Refunding and Improvement Department Higher Education, Series 2017-A (a)	4.000%	11/01/41		825,000		922,408
Metropolitan State University of Denver, Series 2016 (a)	4.000%	12/01/28		715,000		808,922
University of Colorado Enterprise, Series 2017-A-1 (a)	4.000%	06/01/32		300,000		343,311
University of Colorado Enterprise, Series 2017-A-2 (a)	4.000%	06/01/43		1,750,000		1,978,672
						17,514,956
Healthcare - 7.3%
Aspen Valley Hospital District, Series 2012	5.000%	10/15/30		1,650,000		1,761,755
Colorado Health Facilities Authority, Series 2016 (a)	4.000%	01/01/21		255,000		253,154
Colorado Health Facilities Authority, Series 2017 (a)	4.000%	09/01/21		255,000		264,320
Colorado Health Facilities Authority, Series 2013 (a)	5.000%	06/01/22		750,000		809,850
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/23		370,000		406,789
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/24		575,000		648,497
Colorado Health Facilities Authority, Series 2012 (a)	5.000%	12/01/24		1,000,000		1,081,440
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/25		790,000		912,505
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/26		540,000		637,346

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Healthcare - 7.3% (Continued)
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/28	$	535,000	$	642,492
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/29		425,000		508,984
Colorado Health Facilities Authority, Series B (a)	5.000%	09/01/29		1,000,000		1,162,750
Colorado Health Facilities Authority, Series C (a)	5.000%	12/01/29		1,010,000		1,204,344
Colorado Health Facilities Authority, Series 2015 (a)	5.000%	05/15/30		500,000		576,120
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/30		710,000		848,202
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/31		1,155,000		1,371,724
Colorado Health Facilities Authority, Series 2017-A (a)	5.000%	05/15/32		1,650,000		1,956,685
Colorado Health Facilities Authority, Series 2012 (a)	5.000%	10/01/32		500,000		532,830
Colorado Health Facilities Authority, Series 2017-A (a)	4.000%	05/15/35		350,000		384,713
Colorado Health Facilities Authority, Series 2019-A (a)	5.000%	11/15/37		200,000		232,602
Colorado Health Facilities Authority, Series 2019 (a)	4.000%	01/01/39		1,200,000		1,362,828
Colorado Health Facilities Authority, Series 2019 (a)	4.000%	01/01/40		925,000		1,049,089
Colorado Health Facilities Authority, Series 2015 (a)	5.000%	05/15/40		1,000,000		1,131,680
Colorado Health Facilities Authority, Series 2018 (a) (d)	2.800%	05/15/42		2,925,000		2,992,070
Colorado Health Facilities Authority, Series 2019-A (a)	3.000%	11/15/46		985,000		990,250
Denver Health & Hospital Authority, Series A (a)	5.000%	12/01/39		1,500,000		1,632,465
University of Colorado Hospital Authority, Series 2012-A (a)	5.000%	11/15/36		2,470,000		2,674,887

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Healthcare - 7.3% (Continued)
University of Colorado Hospital Authority, Series 2012-A (a)	4.000%	11/15/42	$	1,250,000	$	1,299,587
						29,329,958
Industrial Development - 0.2%
Colorado Health Facilities Authority, Series A (a)	5.000%	02/01/22		200,000		204,980
Colorado Health Facilities Authority, Series A (a)	5.000%	02/01/23		520,000		538,834
						743,814
Lease / Rent - 1.5%
Regional Transportation District, Series 2014-A (a)	4.375%	06/01/39		4,000,000		4,291,280
Regional Transportation District, Series 2014-A (a)	4.500%	06/01/44		1,555,000		1,670,428
						5,961,708
Other - 4.7%
Colorado Educational & Cultural Facilities Authority, Series 2016	4.000%	07/01/20		175,000		176,202
Colorado Educational & Cultural Facilities Authority, Series 2012	4.000%	04/01/22		95,000		95,915
Colorado Educational & Cultural Facilities Authority, Series 2014 (a)	5.000%	11/15/24		435,000		480,940
Colorado Educational & Cultural Facilities Authority, Series 2016, 144A (a) (e)	3.750%	07/01/26		1,000,000		966,900
Colorado Educational & Cultural Facilities Authority, Series A, 144A (a) (e)	4.125%	07/01/26		595,000		584,522
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	05/15/29		2,600,000		3,005,418
Colorado Educational & Cultural Facilities Authority, Series 2014 (a)	5.000%	08/15/30		750,000		830,430
Colorado Educational & Cultural Facilities Authority, Series 2015 (a)	5.000%	11/01/30		500,000		562,795
Colorado Educational & Cultural Facilities Authority, Series 2014 (a)	5.000%	11/15/31		1,000,000		1,096,440
Colorado Educational & Cultural Facilities Authority, Series 2014 (a)	5.000%	12/01/31		1,500,000		1,663,185

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Other - 4.7% (Continued)
Colorado Educational & Cultural Facilities Authority, Series 2016-A (a)	5.000%	12/15/31	$	715,000	$	818,768
Colorado Educational & Cultural Facilities Authority, Series 2014 (a)	5.000%	10/01/32		1,340,000		1,481,049
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	06/01/36		1,580,000		1,774,593
Colorado Educational & Cultural Facilities Authority, Series 2016, 144A (a) (e)	5.000%	07/01/36		1,000,000		1,105,990
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	07/01/36		1,000,000		968,570
Colorado Educational & Cultural Facilities Authority, Series 2016 (a)	5.000%	08/01/36		1,140,000		1,279,240
Colorado Educational & Cultural Facilities Authority, Series 2016, 144A (a) (e)	5.000%	09/01/36		1,000,000		959,920
Colorado Educational & Cultural Facilities Authority, Series B (a)	5.625%	01/15/44		460,000		480,042
Colorado Educational & Cultural Facilities Authority, Series 2016, 144A (a) (e)	5.000%	09/01/46		500,000		456,295
						18,787,214
Public Services - 12.2%
Cherry Creek Corporate Center Metropolitan District, Series 2015-A (a)	5.000%	06/01/37		570,000		532,694
City & County of Denver Colorado, Series 2018-A-2 (a)	0.000%	08/01/35		2,800,000		1,699,488
City & County of Denver Colorado, Series 2018-A-2 (a)	0.000%	08/01/36		2,550,000		1,475,711
City & County of Denver Colorado, Series 2018-A-2 (a)	0.000%	08/01/37		3,910,000		2,157,694
City & County of Denver Colorado, Series 2018-A-1 (a)	5.000%	08/01/41		2,780,000		3,277,870
City & County of Denver Colorado, Series 2018-A-1 (a)	5.000%	08/01/48		14,000,000		16,307,900
Park Creek Metropolitan District, Series 2015-A (a)	5.000%	12/01/26		730,000		857,275
Park Creek Metropolitan District, Series 2015-A (a)	5.000%	12/01/27		620,000		725,543

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Public Services - 12.2% (Continued)
Park Creek Metropolitan District, Series 2017-A (a)	5.000%	12/01/36	$	300,000	$	343,932
Park Creek Metropolitan District, Series 2017-A (a)	5.000%	12/01/37		400,000		457,432
Park Creek Metropolitan District, Series 2017-A (a)	5.000%	12/01/41		1,500,000		1,701,720
Park Creek Metropolitan District, Series 2015-A (a)	5.000%	12/01/45		550,000		619,933
Park Creek Metropolitan District, Series 2017-A (a)	5.000%	12/01/46		4,930,000		5,545,757
Plaza Metropolitan District No. 1, Series 2013, 144A (a) (e)	5.000%	12/01/22		1,500,000		1,535,175
Rampart Range Colorado Metropolitan District No. 1, AGM, Series 2017	5.000%	12/01/42		1,905,000		2,276,646
Rampart Range Colorado Metropolitan District No. 1, AGM, Series 2017 (a)	5.000%	12/01/47		8,150,000		9,663,863
						49,178,633
Recreation - 1.3%
Denver Colorado City and County Refunding and Improvement, Series 2016-A (a)	5.000%	08/01/44		1,820,000		2,130,583
Denver Convention Center Hotel Authority, Series 2016 (a)	5.000%	12/01/31		1,500,000		1,529,475
Denver Convention Center Hotel Authority, Series 2016 (a)	5.000%	12/01/32		500,000		508,595
Denver Convention Center Hotel Authority, Series 2016 (a)	5.000%	12/01/33		500,000		507,800
Hyland Hills Park & Recreation District, Series 2016-A (a)	2.000%	12/15/21		250,000		253,740
Hyland Hills Park & Recreation District, Series 2016-A (a)	2.000%	12/15/22		300,000		305,805
Hyland Hills Park & Recreation District, Series 2016-A (a)	3.000%	12/15/23		200,000		212,316
						5,448,314

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Tax - 4.4%
City of Commerce Colorado, AGM, Series 2014 (a) (b)	5.000%	08/01/28	$	600,000	$	687,078
City of Commerce Colorado, AGM, Series 2015 (a) (b)	5.000%	08/01/36		1,945,000		2,255,539
City of Commerce Colorado, AGM, Series 2014 (a) (b)	4.250%	08/01/40		1,155,000		1,248,416
City of Idaho Springs Colorado Sales Tax Revenue, AGM, Series 2018 (a) (b)	5.000%	12/01/33		490,000		584,031
City of Idaho Springs Colorado Sales Tax Revenue, AGM, Series 2018 (a) (b)	5.000%	12/01/34		525,000		624,661
Denver Colorado Urban Renewal Authority Tax Increment, Series 2013-A-1 (a)	5.000%	12/01/23		190,000		208,358
Denver Colorado Urban Renewal Authority Tax Increment, Series 2018-A (a)	5.250%	12/01/39		4,000,000		3,756,960
Denver Colorado Urban Renewal Authority Tax Increment, Series 2018-A (a)	5.250%	12/01/39		3,000,000		2,817,720
Grand Junction Colorado General Fund Revenue Bonds, Series 2020-A (a)	1.674%	03/01/21		2,100,000		2,108,253
Grand Junction Colorado General Fund Revenue Bonds, Series 2020-B (a)	4.000%	03/01/45		1,500,000		1,720,260
Roaring Fork County Transportation Authority Sales & Use Tax, Series 2019 (a)	5.000%	12/01/39		100,000		126,506
Thornton Development Authority, Series 2015-B (a)	5.000%	12/01/30		500,000		576,055
Thornton Development Authority, Series 2015-B (a)	5.000%	12/01/31		1,000,000		1,150,650
						17,864,487
Transportation - 7.5%
Auraria Higher Education Center, AGM, Series 2015 (a) (b)	4.000%	04/01/29		3,500,000		3,853,710

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Transportation - 7.5% (Continued)
Colorado High Performance Transportation Enterprise, Series 2017 (a)	5.000%	12/31/47	$	1,600,000	$	1,629,632
Colorado High Performance Transportation Enterprise, Series 2017 (a)	5.000%	12/31/56		4,500,000		4,562,235
Denver Colorado City and County Airport, Series 2017-B (a)	5.000%	11/15/33		900,000		1,057,815
E-470 Public Highway Authority, Series 2017-B (1MO LIBOR + 105) (a) (d)	2.166%	09/01/39		1,000,000		1,004,880
Grand Junction Regional Airport Authority, NATL, Series 2016-A (a) (b)	5.000%	12/01/31		1,155,000		1,337,143
Regional Transportation District, Series 2010 (a)	6.000%	01/15/26		800,000		804,688
Regional Transportation District, Series 2010 (a)	6.000%	01/15/34		4,000,000		4,023,880
Regional Transportation District, Series 2010 (a)	6.000%	01/15/41		11,830,000		11,900,625
						30,174,608
Utilities - 10.2%
Arapahoe County Water & Wastewater Public Improvement District, Series 2019	5.000%	12/01/23		125,000		142,020
Arapahoe County Water & Wastewater Public Improvement District, Series 2019 (a)	4.000%	12/01/37		2,000,000		2,372,020
Arapahoe County Water & Wastewater Public Improvement District, Series 2019 (a)	4.000%	12/01/39		2,500,000		2,950,900
Centennial Water & Sanitation District, Series 2019 (a)	5.250%	12/01/48		8,750,000		10,878,963
City of Colorado Springs Colorado Utilities System Revenue, Series 2007-A (a)	1.250%	11/01/37		10,285,000		10,285,000
City of Colorado Springs Colorado Utilities System Revenue, Series A-2 (a)	5.000%	11/15/47		5,000,000		6,059,950

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Utilities - 10.2% (Continued)
Denver City & County Colorado Board of Water Commissioners Water Revenue, Series A (a)	5.000%	09/15/47	$	1,000,000	$	1,216,350
East Cherry Creek Valley Colorado Water and Sanitation District Arapahoe County, Series 2019-A (a)	4.000%	11/15/36		350,000		406,462
East Cherry Creek Valley Colorado Water and Sanitation District Arapahoe County, Series 2019-A (a)	4.000%	11/15/38		1,000,000		1,153,040
East Cherry Creek Valley Colorado Water and Sanitation District Arapahoe County, Series 2019-A (a)	4.000%	11/15/40		1,000,000		1,149,090
Fort Lumpton Colorado Water System Revenue, AGM, Series 2017 (a)	5.000%	12/01/36		800,000		976,896
Parker Colorado Water & Sanitation District Board, Series 2018 (a)	5.000%	11/01/42		1,645,000		2,005,222
Puerto Rico Electric Power Authority, AGM, Series UU (3MO LIBOR + 52) (d)	1.799%	07/01/29		400,000		344,000

SEGALL BRYANT & HAMILL COLORADO TAX-FREE FUND
STATEMENT OF INVESTMENTS (Continued)
MUNICIPAL BONDS - 95.5% (Continued)	Coupon	Maturity	Par Value		Value
Utilities - 10.2% (Continued)
Todd Creek Village Metropolitan District Colorado Water Activity Enterprise Revenue, Series 2018-A (a)	5.000%	12/01/28	$	1,200,000	$	1,400,748
						41,340,661
Investments at Value - 95.5% (Cost $380,201,989)					$	385,325,736
Other Assets in Excess of Liabilities - 4.5%						18,221,659
Net Assets - 100.0%					$	403,547,395

(a)	Security can be called and redeemed at the option of the issuer prior to the stated maturity date which is included in the Statements of Investments.
(b)	This security is insured. In the event of a default by the bond issuer, the insurer, as noted in the security description, guarantees that scheduled principal and interest payments will be made when due.
(c)	This security is prerefunded in advance of the next call date.
(d)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of March 31, 2020. For securities based on a published reference rate and spread, the reference rate and spread (in basis points) are indicated parenthetically. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities, therefore, do not indicate a reference rate and spread.
(e)	Security was purchased in a transaction exempt from registration in compliance with Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. The total value of such securities is $5,608,802 as of March 31, 2020, representing 1.4% of net assets.

Sector and industry classifications presented herein are based on the sector and industry categorization methodology of the Adviser to the Funds. For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. Industries are shown as a percentage of net assets.

See accompanying notes to Quarterly Statements of Investments.

SEGALL BRYANT & HAMILL FUNDS

STATEMENT OF INVESTMENTS

March 31, 2020

COMMON ABBREVIATIONS

A.B.	Aktiebolag is the Swedish equivalent of the term corporation.
ADR	American Depositary Receipt.
A.G.	Aktiengesellschaft is a German term that refers to a corporation that is limited by shares, i.e., owned by shareholders.
AGM	Assured Guaranty Municipal.
A/S	Andonim Sirketi, Joint Stock Company in Turkey.
BAM	Build America Mutual.
BV	Besloten Vennootschap is the Dutch term for a private limited liability corporation.
COP	Certificate of Participation.
CV	Convertible Security.
LIBOR	London Interbank Offered Rate.
LLC	Limited Liability Company.
LP	Limited Partnership.
Ltd.	Limited.
NA	National Association.
NATL	National Public Finance Guarantee Corp.
N.V.	Naamloze Vennootschap is the Dutch term for a public limited liability corporation.
PCL	Public Company Limited.
PLC	Public Limited Company.
REIT(s)	Real Estate Investment Trust.
S.A.	Generally designates corporations in various countries, mostly those employing the civil law. This translates literally in all languages mentioned as anonymous company.
S.A.B de C.V.	Sociedad Anónima Bursátil de Capital Variable is the Mexican term for publicly traded companies.
SARL	Societe Anonyme a Responsabilite Limitee is the French term for Limited Liability Company.
S.E.	SE Regulation. A European Company which can operate on a Europe-wide basis and be governed by Community law directly applicable in all Member States.

CURRENCY ABBREVIATIONS

AED	United Arab Emirates Dirham
AUD	Australian Dollar
BRL	Brazilian Dollar
CAD	Canadian Dollar
CHF	Swiss Franc
CLP	Chilean Peso
COP	Colombian Peso
CZK	Czech Republic Koruna
DKK	Danish Krone
EUR	Euro Currency
GBP	British Pound
HKD	Hong Kong Dollar
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	Israeli Shekel
INR	Indian Rupee
JPY	Japanese Yen
KRW	South Korean Won
MXP	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
PHP	Philippine Peso
PLN	Polish Zloty
QAR	Qatari Rial
RUB	Russian Ruble
SAR	Saudi Riyal
SEK	Swedish Krona
SGD	Singapore Dollar
THB	Thai Baht
TRY	Turkish Lira
TWD	New Taiwan Dollar
ZAR	South African Rand

LIBOR Rates as of March 31, 2020:

1MO LIBOR 0.99%

3MO LIBOR 1.45%

NOTES TO QUARTERLY STATEMENTS OF INVESTMENTS

March 31, 2020 (Unaudited)

1. ORGANIZATION

Segall Bryant & Hamill Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended, as an open-end management investment company. Interests in the Segall Bryant & Hamill Micro Cap Fund, Segall Bryant & Hamill Small Cap Value Fund, Segall Bryant & Hamill Small Cap Value Dividend Fund, Segall Bryant & Hamill Small Cap Growth Fund, Segall Bryant & Hamill Small Cap Core Fund, Segall Bryant & Hamill Mid Cap Value Dividend Fund, Segall Bryant & Hamill All Cap Fund, Segall Bryant & Hamill Emerging Markets Fund, Segall Bryant & Hamill International Small Cap Fund, Segall Bryant & Hamill Fundamental International Small Cap Fund, Segall Bryant & Hamill Global Large Cap Fund, Segall Bryant & Hamill Workplace Equality Fund, Segall Bryant & Hamill Short Term Plus Fund, Segall Bryant & Hamill Plus Bond Fund, Segall Bryant & Hamill Quality High Yield Fund, Segall Bryant & Hamill Municipal Opportunities Fund and Segall Bryant & Hamill Colorado Tax Free Fund (the “Funds”) are represented by separate classes of beneficial interest of the Trust, which is organized as a Massachusetts business trust. All of the Funds offer Retail Class shares. All of the Funds also offer Institutional Class shares except Segall Bryant & Hamill Micro Cap Fund. All classes of shares have identical rights to earnings, assets and voting privileges, except for class specific expenses and exclusive rights to vote on matters solely affecting such class.

At a meeting of the Trust’s Board of Trustees held on February 18-19, 2020, the Trustees, in consultation with the Funds’ investment adviser, determined that it was in the best interest of the Segall Bryant & Hamill Micro Cap Fund and their shareholders to discontinue the Fund’s operations and to liquidate and close the Fund. Shares of the Fund are no longer available for purchase. All outstanding shares of the Fund will be redeemed on or before April 8, 2020. As of March 31, 2020, the Segall Bryant & Hamill Micro Cap Fund held no investments, so no Statement of Investments is included herein. The net assets of the Fund at March 31, 2020 totaled $1,173,112.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies consistently followed by each Fund in the preparation of its financial statements. Each Fund is considered an investment company for financial reporting purposes. The following policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for investment companies.

Use of Estimates – The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. The actual results could differ from those estimates.

Investment Valuation – All securities of the Funds are valued as of the close of regular trading on the New York Stock Exchange (“NYSE”), currently 4:00 p.m. (Eastern Time), on each day that the NYSE is open, subject to provisions in the prospectus and/or Statement of Additional Information regarding pricing at other times in case of an emergency and optional pricing of the Funds in the event that the NYSE does not open for business because of an emergency.

Securities that are traded on a recognized domestic stock exchange are generally valued at the last sales price as of the valuation time on the principal stock exchange on which they are traded. Securities that are principally traded on the National Association of Securities Dealers Automated Quotation (“NASDAQ”) exchange are generally valued at the NASDAQ Official Closing Price (“NOCP”). Unlisted securities that are traded on the domestic over-the-counter market for which last sales prices are available, are generally valued at the last sales price as of the valuation time. In the absence of sales and NOCP, such securities are valued at the bid price.

Securities that are traded on a foreign stock exchange (and that are not listed on a recognized domestic stock exchange or traded on the NASDAQ exchange or the domestic over-the-counter market) are generally valued at the official closing price on the principal stock exchange on which they are traded. When an event occurs subsequent to the close of the foreign exchange and the close of the NYSE that was likely to have changed such value, the fair value of those securities are determined in good faith in accordance with procedures established by and under the general supervision of the Board of Trustees. The Funds will use a fair valuation model provided by an independent pricing service, which is intended to reflect fair value when a security’s value is believed to have been materially affected by a valuation event that has occurred between the close of the exchange or market on which the security is traded and the close of the regular trading day on the NYSE. In the event that closing prices are not available for such foreign securities, such securities are generally valued at the last sales price occurring prior to the closing of its principal exchange.

Forward foreign currency contracts have a fair value determined by an automated system that estimates rates on the basis of the current day foreign currency exchange rates and forward foreign currency exchange rates supplied by a pricing vendor. Foreign currency exchange rates and forward foreign currency exchange rates may generally be obtained at the close of the NYSE.

Redeemable securities issued by open-end registered investment companies are valued at the investment company’s applicable net asset value.

Fixed-income obligations, having a remaining maturity of greater than 60 days, are typically valued at the evaluated price formulated by an independent pricing service.

When market quotations are not readily available or when events occur that make established valuation methods unreliable, securities of the Fund may be valued in good faith by or under the direction of the Board of Trustees. Factors which may be considered when determining the value of a security include (a) the fundamental data relating to the investment; (b) an evaluation of the forces which influence the market in which the security is sold, including the liquidity and depth of the market; (c) the market value at date of purchase; (d) information as to any transactions or offers with respect to the security or comparable securities; and (e) any other relevant matters.

Market, Credit and Counterparty Risk – In the normal course of business, the Funds invest in securities and enter into transactions where risks exist due to fluctuations in the market (market risk) or failure of the issuer of a security to meet all its obligations (issuer credit risk). The value of securities held by the Funds may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Funds; conditions affecting the general economy; overall market changes; local, regional, national or global political, social or economic instability; and currency and interest rate and price fluctuations. Similar to issuer credit risk, the Funds may be exposed to counterparty credit risk, or the risk that an entity with which the Funds have unsettled or open transactions may fail to or be unable to perform on its commitments. The Funds manage counterparty credit risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties.

Securities Traded on Foreign Exchanges – All of the Funds, except the Segall Bryant & Hamill Colorado Tax Free Fund, may invest at least a portion of their assets in foreign securities. As of March 31, 2020, all Funds were primarily invested in securities traded on U.S. exchanges, except Segall Bryant & Hamill Emerging Markets Fund, Segall Bryant & Hamill International Small Cap Fund, Segall Bryant & Hamill Fundamental International Small Cap Fund and Segall Bryant & Hamill Global Large Cap Fund. In the event that a Fund executes a security transaction on a foreign exchange, the Fund will generally enter into a foreign currency contract to settle the foreign security transaction. Foreign securities may carry more risk than U.S. securities, such as political, market and currency risks. The accounting records of the Funds are maintained in U.S. dollars. Prices of securities denominated in foreign currencies are translated into U.S. dollars at the closing rates of exchange at period end. Amounts related to the purchase and sale of foreign securities and investment income are translated at the rates of exchange prevailing on the respective dates of such transactions.

Country Risk – As of March 31, 2020, the Segall Bryant & Hamill Emerging Markets Fund invested a significant percentage of its assets in China; the Segall Bryant & Hamill International Small Cap Fund invested a significant percentage of its assets in Japan; and the Segall Bryant & Hamill Fundamental International Small Cap Fund invested a significant percentage of its assets in Japan. Therefore, they may be more affected by economic developments and currency fluctuations in these countries.

Sector Concentration Risk – The Funds may concentrate investments in companies that are in a single sector or related sector. Concentrating investments in a single sector may make the Fund more susceptible to adverse economic, business, regulatory or other developments affecting that sector. If an economic downturn occurs in a sector in which the Fund’s investments are concentrated, the Fund may perform poorly during that period.

When-Issued/Forward Commitment Securities – Each Fund may purchase or sell securities on a “when-issued” or “forward commitment” basis which involves a commitment by the Fund to purchase or sell particular securities with payment and delivery taking place at a future date. During this period, such securities do not earn interest, are subject to market fluctuation and may increase or decrease in value prior to their delivery. In accordance with SEC guidance, each Fund segregates liquid assets in an amount sufficient to satisfy the purchase price. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of the Fund’s net asset value to the extent each Fund makes such purchases while remaining substantially fully invested. Settlements in the ordinary course of business, which may take substantially more than three business days for non-U.S. securities, are not treated by the Funds as “when-issued” or “forward commitment” transactions.

3. FAIR VALUE MEASUREMENTS

A three-tier hierarchy has been established to measure fair value based on the extent of use of “observable inputs” as compared to “unobservable inputs” for disclosure purposes and requires additional disclosures about these valuations measurements. Inputs refer broadly to the assumptions that market participants would use in pricing a security. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the security developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the security developed based on the best information available in the circumstances.

The three-tier hierarchy is summarized as follows:

Level 1 – Unadjusted Quoted Prices in active markets for identical investments

Level 2 – Other Significant Observable Inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – Significant Unobservable Inputs (including the Fund’s own assumptions in determining the fair value of investments).

The following is a summary of the inputs used as of March 31, 2020 in valuing the Funds’ assets:

Segall Bryant & Hamill Small Cap Value Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	108,318,872	$	-	$	-	$	108,318,872
Total	$	108,318,872	$	-	$	-	$	108,318,872

Segall Bryant & Hamill Small Cap Value Dividend Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	45,921,139	$	-	$	-	$	45,921,139
Total	$	45,921,139	$	-	$	-	$	45,921,139

Segall Bryant & Hamill Small Cap Growth Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	53,805,229	$	-	$	-	$	53,805,229
Total	$	53,805,229	$	-	$	-	$	53,805,229

Segall Bryant & Hamill Small Cap Core Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	28,625,106	$	-	$	-	$	28,625,106
Total	$	28,625,106	$	-	$	-	$	28,625,106

Segall Bryant & Hamill Mid Cap Value Dividend Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	49,381,563	$	-	$	-	$	49,381,563
Total	$	49,381,563	$	-	$	-	$	49,381,563

Segall Bryant & Hamill All Cap Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	95,570,899	$	-	$	-	$	95,570,899
Total	$	95,570,899	$	-	$	-	$	95,570,899

Segall Bryant & Hamill Emerging Markets Fund	Level 1		Level 2		Level 3			Total
Common Stocks	$	5,455,058	$	18,782,646	$	0	*	$	24,237,704
Preferred Stocks		322,532		501,056		-			823,588
Total	$	5,777,590	$	19,283,702	$	0		$	25,061,292

Segall Bryant & Hamill International Small Cap Fund	Level 1		Level 2		Level 3			Total
Common Stocks	$	2,841,918	$	176,217,375	$	225,584	*	$	179,284,877
Preferred Stocks		213,949		1,347,315		-			1,561,264
Total	$	3,055,867	$	177,564,690	$	225,584		$	180,846,141

Segall Bryant & Hamill Fundamental International Small Cap Fund	Level 1		Level 2			Level 3		Total
Common Stocks	$	6,270,863	$	17,163,421		$	645,695	$	24,079,979
Total	$	6,270,863	$	17,163,421		$	645,695	$	24,079,979
Other Financial Instruments**
Forward Foreign Currency Contracts, Unrealized Gain	$	-	$	469,508		$	-	$	469,508
Forward Foreign Currency Contracts, Unrealized Loss		-		(516,318	)		-		(516,318	)
	$	-	$	(46,810	)	$	-	$	(46,810	)

Segall Bryant & Hamill Global Large Cap Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	20,328,236	$	12,566,460	$	-	$	32,894,696
Total	$	20,328,236	$	12,566,460	$	-	$	32,894,696

Segall Bryant & Hamill Workplace Equality Fund	Level 1		Level 2		Level 3		Total
Common Stocks	$	13,561,946	$	-	$	-	$	13,561,946
Total	$	13,561,946	$	-	$	-	$	13,561,946

Segall Bryant & Hamill Short Term Plus Fund	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	7,170,278	$	-	$	7,170,278
Municipal Bonds		-		20,433		-		20,433
Asset Backed Securities		-		83,696		-		83,696
U.S. Treasury Bonds & Notes		-		369,699		-		369,699
Total	$	-	$	7,644,106	$	-	$	7,644,106

Segall Bryant & Hamill Plus Bond Fund	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	408,029,144	$	-	$	408,029,144
Municipal Bonds		-		95,207,343		-		95,207,343
Asset Backed Securities		-		38,513,095		-		38,513,095
Mortgage-Backed Passthrough Securities		-		284,906,495		-		284,906,495
Residential Mortgage-Backed Securities		-		6,910,526		-		6,910,526
U.S. Treasury Bonds & Notes		-		135,055,840		-		135,055,840
Total	$	-	$	968,622,443	$	-	$	968,622,443

Segall Bryant & Hamill Quality High Yield Fund	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	49,720,077	$	-	$	49,720,077
Asset Backed Securities		-		703,275		-		703,275
Total	$	-	$	50,423,352	$	-	$	50,423,352

Segall Bryant & Hamill Municipal Opportunities Fund	Level 1		Level 2		Level 3		Total
Municipal Bonds	$	-	$	77,570,564	$	-	$	77,570,564
Corporate Bonds		-		2,240,629		-		2,240,629
Total	$	-	$	79,811,193	$	-	$	79,811,193

Segall Bryant & Hamill Colorado Tax Free Fund	Level 1		Level 2		Level 3		Total
Municipal Bonds	$	-	$	385,325,736	$	-	$	385,325,736
Total	$	-	$	385,325,736	$	-	$	385,325,736

* Includes securities that have been fair valued at $0.

** Other financial instruments are derivative instruments not reflected in the Statements of Investments. These forward foreign currency contracts are valued at the unrealized appreciation (depreciation) on the instrument.

The following is a reconciliation of Level 3 instruments of the Funds for which significant unobservable inputs were used to determind fair value for the period ended March 31, 2020:

Segall Bryant & Hamill Emerging Markets Fund

Asset Type	Balance as of December 31, 2019		Net Purchases		Net Sales		Paydowns		Realized Gains		Change in Unrealized Appreciation (Depreciation)		Transfer Into Level 3		Transfer Out of Level 3		Balance as of March 31, 2020
Common Stocks	$	0	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	0

Segall Bryant & Hamill International Small Cap Fund

Asset Type	Balance as of December 31, 2019		Net Purchases		Net Sales		Paydowns		Realized Gains		Change in Unrealized Appreciation (Depreciation)			Transfer Into Level 3		Transfer Out of Level 3		Balance as of March 31, 2020
Common Stocks	$	92,120	$	-	$	-	$	-	$	-	$	(25,204	)	$	158,668	$	-	$	225,584

Segall Bryant & Hamill Fundamental International Small Cap Fund

Asset Type	Balance as of December 31, 2019		Net Purchases		Net Sales		Paydowns		Realized Gains		Change in Unrealized Appreciation (Depreciation)		Transfer Into Level 3		Transfer Out of Level 3		Balance as of March 31, 2020
Common Stocks	$	-	$	-	$	-	$	-	$	-	$	-	$	645,695	$	-	$	645,695

The following table presents additional information about valuation methodologies and inputs used for investments that are measured at fair value and categorized within Level 3 as of March 31, 2020:

	Fair Value as of March 31, 2020		Valuation Technique	Unobservable Input (1)	Value	Impact to Valuation from an Increase in Input (2)
Segall Bryant & Hamill International Small Cap Fund	$	225,584	Adjusted trade price	Discount factor	0% - 26.75%	Decrease
Segall Bryant & Hamill Fundamental International Small Cap Fund	$	645,695	Adjusted trade price	Discount factor	0.00%	Decrease

⁽¹⁾ The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. The Fund’s use of fair value pricing may cause the net asset value of Fund shares to differ from the net asset value that would be calculated using market quotations. Fair value pricing involves subjective judgments and it is possible that the fair value determined for a security may be materially different than the value that could be realized upon the sale of that security.

⁽²⁾ This column represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect.

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

For fair value measurements using significant other observable inputs (Level 2), the Funds utilize an independent pricing service which utilizes evaluated pricing models that vary by asset class and incorporate available trade, bid and other market information, and for structured securities also incorporate cash flow and, when available, loan performance data. The independent pricing service’s evaluated pricing models apply available market information through processes such as benchmark curves, benchmarking of similar securities, and sector groupings. For certain securities, the independent pricing service uses model processes, such as the Option Adjusted Spread (benchmark driven) model, to assess interest rate impact and develop prepayment scenarios. With respect to trades and bids, the independent pricing service reviews the lot size to determine whether the information is representative of an orderly trading market. If the independent pricing service determines that trade or bid information is not consistent with other information available, the trade or bid will not be reflected in the evaluated price.

Corporate bonds, Municipal bonds, U.S. Treasury bonds & notes are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Forward foreign currency contracts are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services.

In the event the independent pricing service is unable to provide an evaluated price for a security or Segall Bryant & Hamill, LLC (the “Adviser”) believes the price provided is not reliable, securities of the Funds may be valued in good faith as described above. In these instances, the co-administrators will typically seek input from the investment team of the Fund since they are typically the most knowledgeable of the relevant factors in valuing the securities. The Adviser may seek to find an alternative independent source, such as a broker/dealer to provide a price quote, or by using evaluated pricing models similar to the techniques and models used by the independent pricing service. These fair value measurement techniques may utilize unobservable inputs (Level 3).

At least quarterly, the Adviser receives a report on the pricing for all fair valued securities during the period along with any actual sales prices, broker quotes and/or pricing from the independent pricing service. The Adviser uses this information to analyze changes in fair value measurements over the period and as a back test of pricing methods.

Then on at least a quarterly basis, the Adviser presents the factors considered in determining the fair value measurements and presents that information to the Audit Committee of the Board of Trustees which meets at least quarterly. The Audit Committee of the Board of Trustees then will provide a recommendation to the Board of Trustees for approval of the fair value measurements.