Vident’s proprietary investment philosophy is expressed through distinct fundamentals that we believe should be top of mind when it comes to investing. These fundamentals are woven through the construction of the Vident U.S. Bond Strategy ETF™. The application of Vident’s investment methodology seeks to allocate capital with diversification across U.S. and international bond sectors. By selecting individual bonds that consider governance factors and valuation, Vident seeks to achieve portfolio resiliency and reasonable tradeoffs among quality, duration, and yield, versus a traditional U.S. core bond market approach.
02/19/2026
UNCERTAINTY & INSTABILITY
Systematically distributes interest rate and credit risk by allocating to core and noncore sectors (high yield and TIPS) to generate a broadly diversified portfolio that protects against unfavorable market conditions.
HUMAN PRODUCTIVITY
Removes issuers with the highest financial distress indicators to improve the credit risk profile of the portfolio.
GOVERNANCE
Utilizes a governance factor model that seeks to allocate to companies with higher creditworthiness.
MOMENTUM
Momentum appears in the index as a weightings tilt towards companies that already meet quality standards, instead of a primary investment factor.
COUNTRY OPPORTUNITY
U.S. denominated international bonds are selected only from those countries whose scores are in the top half of Vident’s Country Opportunity Score
| index | Month End Performance (As of 01/31/2026) | VBND Nav Returns | VBND Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | 0.26% | -0.05% |
| 2 | 3 Month | 0.53% | 0.49% |
| 3 | Year To Date | 0.26% | -0.05% |
| 4 | Since Inception* | 20.60% | 20.66% |
| 5 | Average Annual | ||
| 6 | 1 Year | 6.35% | 6.28% |
| 7 | 3 Year | 4.28% | 4.23% |
| 8 | 5 Year | 0.12% | 0.13% |
| 9 | 10 Year | 1.71% | 1.72% |
| 10 | Since Inception* | 1.67% | 1.68% |
| index | Quarter End Performance (As of 12/31/2025) | VBND Nav Returns | VBND Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | Quarter | 0.82% | 0.97% |
| 2 | Year To Date | 6.62% | 7.30% |
| 3 | Since Inception* | 20.29% | 20.71% |
| 4 | Average Annual | ||
| 5 | 1 Year | 6.62% | 7.30% |
| 6 | 3 Year | 5.27% | 5.53% |
| 7 | 5 Year | -0.06% | 0.09% |
| 8 | 10 Year | 1.88% | 1.92% |
| 9 | Since Inception* | 1.66% | 1.69% |
*Fund Inception Date: 10/15/2014
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short term performance is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
As of DATE
| index | Name | Ticker | CUSIP or Other Identifier | Weight | Shares |
|---|---|---|---|---|---|
| 0 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 9.48% | 47,936,451 |
| 1 | United States Treasury Note/Bond 4.75% 11/15/2043 | 912810TW8 | 912810TW8 | 3.99% | 19,785,000 |
| 2 | United States Treasury Note/Bond 5.25% 11/15/2028 | 912810FF0 | 912810FF0 | 3.96% | 19,165,000 |
| 3 | United States Treasury Note/Bond 6.125% 11/15/2027 | 912810FB9 | 912810FB9 | 3.95% | 19,110,000 |
| 4 | United States Treasury Note/Bond 4.375% 08/15/2043 | 912810TU2 | 912810TU2 | 3.94% | 20,455,000 |
| 5 | United States Treasury Note/Bond 4.75% 02/15/2041 | 912810QN1 | 912810QN1 | 3.86% | 18,850,000 |
| 6 | United States Treasury Note/Bond 4.5% 02/15/2044 | 912810TZ1 | 912810TZ1 | 3.26% | 16,690,000 |
| 7 | United States Treasury Note/Bond 0.5% 05/31/2027 | 912828ZS2 | 912828ZS2 | 2.99% | 15,720,000 |
| 8 | United States Treasury Note/Bond 4.625% 05/15/2044 | 912810UB2 | 912810UB2 | 2.81% | 14,200,000 |
| 9 | United States Treasury Note/Bond 5% 05/15/2045 | 912810UL0 | 912810UL0 | 2.33% | 11,250,000 |
| 10 | United States Treasury Note/Bond 4.625% 11/15/2044 | 912810UF3 | 912810UF3 | 2.17% | 10,965,000 |
| 11 | United States Treasury Note/Bond 3.75% 08/15/2027 | 91282CLG4 | 91282CLG4 | 2.04% | 10,300,000 |
| 12 | Ginnie Mae 6% 03/15/2040 | 21H060630 | 21H060630 | 1.98% | 9,825,000 |
| 13 | United States Treasury Note/Bond 4% 11/15/2042 | 912810TM0 | 912810TM0 | 1.50% | 8,095,000 |
| 14 | Fannie Mae or Freddie Mac 6% 03/15/2041 | 01F060634 | 01F060634 | 1.48% | 7,300,000 |
| 15 | United States Treasury Note/Bond 4.375% 07/15/2027 | 91282CKZ3 | 91282CKZ3 | 1.42% | 7,095,000 |
| 16 | Fannie Mae or Freddie Mac 6.5% 03/15/2053 | 01F062630 | 01F062630 | 1.15% | 5,600,000 |
| 17 | United States Treasury Note/Bond 0.5% 06/30/2027 | 912828ZV5 | 912828ZV5 | 1.08% | 5,690,000 |
| 18 | Elect Global Investments Ltd 7.2% 09/11/2174 | BMZLJ04 | BMZLJ04 | 1.00% | 4,750,000 |
| 19 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust 6.95% 03/10/2055 | 00774MBK0 | 00774MBK0 | 0.98% | 4,700,000 |
| 20 | Royal Bank of Canada 6.35% 11/24/2084 | 780082AT0 | 780082AT0 | 0.98% | 5,000,000 |
| 21 | Hiscox Ltd 7% 06/11/2036 | BQTX9D7 | BQTX9D7 | 0.94% | 4,400,000 |
| 22 | Fannie Mae or Freddie Mac 7% 03/15/2038 | 01F070633 | 01F070633 | 0.89% | 4,300,000 |
| 23 | Ginnie Mae 5.5% 10/20/2052 | 21H052637 | 21H052637 | 0.82% | 4,120,000 |
| 24 | PacifiCorp 7.375% 09/15/2055 | 695114DF2 | 695114DF2 | 0.78% | 3,810,000 |
| 25 | United States Treasury Note/Bond 4.75% 02/15/2045 | 912810UJ5 | 912810UJ5 | 0.75% | 3,720,000 |
| 26 | Edison International 8.125% 06/15/2053 | 281020AX5 | 281020AX5 | 0.74% | 3,610,000 |
| 27 | Fannie Mae or Freddie Mac 5.5% 03/25/2053 | 01F052631 | 01F052631 | 0.72% | 3,600,000 |
| 28 | Bank of Nova Scotia/The 6.875% 10/27/2085 | 06419GEE2 | 06419GEE2 | 0.70% | 3,450,000 |
| 29 | Ginnie Mae 6.5% 08/20/2053 | 21H062636 | 21H062636 | 0.70% | 3,390,000 |
| 30 | NextEra Energy Capital Holdings Inc 6.7% 09/01/2054 | 65339KCW8 | 65339KCW8 | 0.70% | 3,400,000 |
| 31 | Athene Holding Ltd 6.875% 06/28/2055 | 04686JAM3 | 04686JAM3 | 0.65% | 3,260,000 |
| 32 | Ginnie Mae II Pool 5% 01/20/2055 | 3618N5EU9 | 3618N5EU9 | 0.64% | 3,221,450 |
| 33 | Ginnie Mae II Pool 6% 06/20/2055 | 3618N5PK9 | 3618N5PK9 | 0.64% | 3,163,672 |
| 34 | Energy Transfer LP 6.5% 02/15/2056 | 29273VBG4 | 29273VBG4 | 0.62% | 3,100,000 |
| 35 | United States Treasury Note/Bond 2.75% 07/31/2027 | 91282CFB2 | 91282CFB2 | 0.62% | 3,145,000 |
| 36 | Fannie Mae Pool 6.5% 04/01/2054 | 3140XPXF1 | 3140XPXF1 | 0.61% | 2,940,943 |
| 37 | Ginnie Mae II Pool 6.5% 09/20/2055 | 3618N5VT3 | 3618N5VT3 | 0.61% | 2,944,238 |
| 38 | NiSource Inc 6.95% 11/30/2054 | 65473PAR6 | 65473PAR6 | 0.59% | 2,850,000 |
| 39 | Ally Financial Inc 6.646% 01/17/2040 | 02005NBY5 | 02005NBY5 | 0.58% | 2,900,000 |
| 40 | Fannie Mae Pool 4% 06/01/2052 | 31418ED80 | 31418ED80 | 0.58% | 3,049,858 |
| 41 | Fannie Mae Pool 4% 05/01/2052 | 31418EES5 | 31418EES5 | 0.56% | 2,913,896 |
| 42 | United States Treasury Note/Bond 3.75% 11/15/2043 | 912810RD2 | 912810RD2 | 0.56% | 3,172,000 |
| 43 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust 6.5% 01/31/2056 | 00774MBQ7 | 00774MBQ7 | 0.55% | 2,700,000 |
| 44 | Fannie Mae Pool 5% 01/01/2055 | 31418FF36 | 31418FF36 | 0.55% | 2,760,275 |
| 45 | Athene Holding Ltd 6.625% 10/15/2054 | 04686JAJ0 | 04686JAJ0 | 0.53% | 2,690,000 |
| 46 | ISRAEL CHEMICALS L 6.375% 05/31/2038 | BF3SP44 | BF3SP44 | 0.52% | 2,500,000 |
| 47 | Bank of Nova Scotia/The 7.35% 04/27/2085 | 0641598X7 | 0641598X7 | 0.51% | 2,450,000 |
| 48 | LYB International Finance III LLC 4.2% 10/15/2049 | 50249AAA1 | 50249AAA1 | 0.50% | 3,500,000 |
| 49 | Energy Transfer LP 6.75% 02/15/2056 | 29273VBH2 | 29273VBH2 | 0.49% | 2,440,000 |
| 50 | LYB International Finance III LLC 5.875% 01/15/2036 | 50249AAR4 | 50249AAR4 | 0.49% | 2,440,000 |
| 51 | Brighthouse Financial Inc 4.7% 06/22/2047 | 10922NAF0 | 10922NAF0 | 0.46% | 3,130,000 |
| 52 | Evergy Inc 6.65% 06/01/2055 | 30034WAE6 | 30034WAE6 | 0.46% | 2,250,000 |
| 53 | United States Treasury Note/Bond 3.875% 05/15/2043 | 912810TS7 | 912810TS7 | 0.46% | 2,530,000 |
| 54 | Bank of Montreal 6.875% 11/26/2085 | 06368L8V1 | 06368L8V1 | 0.43% | 2,100,000 |
| 55 | Dominion Energy Inc 6.875% 02/01/2055 | 25746UDT3 | 25746UDT3 | 0.42% | 2,000,000 |
| 56 | Dominion Energy Inc 6% 02/15/2056 | 25746UDZ9 | 25746UDZ9 | 0.42% | 2,100,000 |
| 57 | NextEra Energy Capital Holdings Inc 4.8% 12/01/2077 | 65339KAV2 | 65339KAV2 | 0.42% | 2,140,000 |
| 58 | Dominion Energy Inc 6.625% 05/15/2055 | 25746UDV8 | 25746UDV8 | 0.41% | 2,000,000 |
| 59 | Fannie Mae Pool 4% 04/01/2052 | 3140MMBA5 | 3140MMBA5 | 0.41% | 2,124,397 |
| 60 | Royal Bank of Canada 6.5% 11/24/2085 | 780082AY9 | 780082AY9 | 0.41% | 2,075,000 |
| 61 | Entergy Corp 7.125% 12/01/2054 | 29364GAQ6 | 29364GAQ6 | 0.40% | 1,925,000 |
| 62 | LYB International Finance III LLC 3.375% 10/01/2040 | 50249AAH6 | 50249AAH6 | 0.40% | 2,760,000 |
| 63 | Tennessee Valley Authority 5.375% 04/01/2056 | 880591DZ2 | 880591DZ2 | 0.40% | 1,965,000 |
| 64 | Continental Resources Inc/OK 4.9% 06/01/2044 | 212015AQ4 | 212015AQ4 | 0.39% | 2,400,000 |
| 65 | Ginnie Mae II Pool 4.5% 12/20/2055 | 3618N53W7 | 3618N53W7 | 0.39% | 1,993,409 |
| 66 | HA Sustainable Infrastructure Capital Inc 6.375% 07/01/2034 | 41068XAF7 | 41068XAF7 | 0.39% | 1,920,000 |
| 67 | Blue Owl Credit Income Corp 6.65% 03/15/2031 | 69120VAZ4 | 69120VAZ4 | 0.39% | 1,930,000 |
| 68 | Centene Corp 2.5% 03/01/2031 | 15135BAX9 | 15135BAX9 | 0.38% | 2,200,000 |
| 69 | Blue Owl Capital Corp 6.2% 07/15/2030 | 69121KAJ3 | 69121KAJ3 | 0.38% | 1,900,000 |
| 70 | Tennessee Valley Authority 5.25% 02/01/2055 | 880591FC1 | 880591FC1 | 0.38% | 1,885,000 |
| 71 | Canadian Imperial Bank of Commerce 6.95% 01/28/2085 | 13607PNF7 | 13607PNF7 | 0.37% | 1,800,000 |
| 72 | Tennessee Valley Authority 3.5% 12/15/2042 | 880591EP3 | 880591EP3 | 0.37% | 2,185,000 |
| 73 | Ares Strategic Income Fund 5.6% 02/15/2030 | 04020EAD9 | 04020EAD9 | 0.36% | 1,800,000 |
| 74 | Sempra 6.4% 10/01/2054 | 816851BT5 | 816851BT5 | 0.36% | 1,780,000 |
| 75 | Blue Owl Credit Income Corp 6.6% 09/15/2029 | 09581CAB7 | 09581CAB7 | 0.35% | 1,750,000 |
| 76 | Centene Corp 3.375% 02/15/2030 | 15135BAV3 | 15135BAV3 | 0.35% | 1,930,000 |
| 77 | Ally Financial Inc 6.7% 02/14/2033 | 02005NBS8 | 02005NBS8 | 0.34% | 1,650,000 |
| 78 | Bank of Nova Scotia/The 3.625% 10/27/2081 | 0641598N9 | 0641598N9 | 0.34% | 1,750,000 |
| 79 | Blue Owl Credit Income Corp 5.8% 03/15/2030 | 09581CAD3 | 09581CAD3 | 0.34% | 1,735,000 |
| 80 | Sempra 6.55% 04/01/2055 | 816851BV0 | 816851BV0 | 0.34% | 1,680,000 |
| 81 | Equitable Holdings Inc 6.7% 03/28/2055 | 29452EAD3 | 29452EAD3 | 0.33% | 1,600,000 |
| 82 | Blue Owl Technology Finance Corp 6.75% 04/04/2029 | 69121JAB3 | 69121JAB3 | 0.33% | 1,665,000 |
| 83 | Pinnacle Bank/Nashville TN 5.957% 01/15/2036 | 87164DXY1 | 87164DXY1 | 0.33% | 1,630,000 |
| 84 | Apollo Global Management Inc 6% 12/15/2054 | 03769MAD8 | 03769MAD8 | 0.32% | 1,650,000 |
| 85 | Ares Strategic Income Fund 5.45% 09/09/2028 | 04020EAL1 | 04020EAL1 | 0.32% | 1,600,000 |
| 86 | Energy Transfer LP 8% 05/15/2054 | 29273VAX8 | 29273VAX8 | 0.32% | 1,525,000 |
| 87 | Blue Owl Technology Finance Corp 6.1% 03/15/2028 | 095924AB2 | 095924AB2 | 0.31% | 1,550,000 |
| 88 | Ginnie Mae 7% 09/20/2053 | 21H070639 | 21H070639 | 0.31% | 1,530,000 |
| 89 | Dominion Energy Inc 6.2% 02/15/2056 | 25746UEA3 | 25746UEA3 | 0.31% | 1,550,000 |
| 90 | Enterprise Products Operating LLC 5.375% 02/15/2078 | 29379VBR3 | 29379VBR3 | 0.31% | 1,540,000 |
| 91 | Tennessee Valley Authority 6.15% 01/15/2038 | 880591CP5 | 880591CP5 | 0.30% | 1,285,000 |
| 92 | Zions Bancorp NA 6.816% 11/19/2035 | 98971DAC4 | 98971DAC4 | 0.30% | 1,400,000 |
| 93 | Exelon Corp 6.5% 03/15/2055 | 30161NBQ3 | 30161NBQ3 | 0.29% | 1,390,000 |
| 94 | HPS Corporate Lending Fund 5.85% 06/05/2030 | 40440VAN5 | 40440VAN5 | 0.29% | 1,450,000 |
| 95 | FNCL TBA 4.5% MAR 4.5% 03/01/2040 | 01F042632 | 01F042632 | 0.28% | 1,420,000 |
| 96 | Freddie Mac Pool 5.5% 01/01/2055 | 31427QHA3 | 31427QHA3 | 0.28% | 1,385,041 |
| 97 | Reinsurance Group of America Inc 6.65% 09/15/2055 | 759351AT6 | 759351AT6 | 0.28% | 1,380,000 |
| 98 | American Assets Trust LP 6.15% 10/01/2034 | 02401LAB0 | 02401LAB0 | 0.27% | 1,340,000 |
| 99 | American Electric Power Co Inc 6.05% 03/15/2056 | 02557TAF6 | 02557TAF6 | 0.27% | 1,360,000 |
| 100 | Tennessee Valley Authority 5.25% 09/15/2039 | 880591EH1 | 880591EH1 | 0.27% | 1,250,000 |
| 101 | Blackstone Private Credit Fund 6% 01/29/2032 | 09261HBX4 | 09261HBX4 | 0.26% | 1,310,000 |
| 102 | CMS Energy Corp 6.5% 06/01/2055 | 125896BY5 | 125896BY5 | 0.26% | 1,240,000 |
| 103 | F&G Annuities & Life Inc 6.5% 06/04/2029 | 30190AAF1 | 30190AAF1 | 0.26% | 1,290,000 |
| 104 | MetLife Inc 10.75% 08/01/2039 | 59156RAV0 | 59156RAV0 | 0.26% | 1,000,000 |
| 105 | Nanshan Life Pte Ltd 5.45% 09/11/2034 | BP4YGY8 | BP4YGY8 | 0.26% | 1,340,000 |
| 106 | HA Sustainable Infrastructure Capital Inc 6.15% 01/15/2031 | 40408AAA9 | 40408AAA9 | 0.25% | 1,200,000 |
| 107 | LYB International Finance III LLC 4.2% 05/01/2050 | 50249AAD5 | 50249AAD5 | 0.25% | 1,750,000 |
| 108 | NiSource Inc 6.375% 03/31/2055 | 65473PAT2 | 65473PAT2 | 0.25% | 1,200,000 |
| 109 | Ovintiv Inc 7.375% 11/01/2031 | 012873AK1 | 012873AK1 | 0.24% | 1,100,000 |
| 110 | Allstate Corp/The 6.5% 05/15/2057 | 020002AU5 | 020002AU5 | 0.24% | 1,150,000 |
| 111 | Ally Financial Inc 5.548% 07/31/2033 | 02005NCA6 | 02005NCA6 | 0.24% | 1,200,000 |
| 112 | Blackstone Private Credit Fund 6% 11/22/2034 | 09261HBW6 | 09261HBW6 | 0.24% | 1,230,000 |
| 113 | Entergy Corp 6.1% 06/15/2056 | 29364GAS2 | 29364GAS2 | 0.24% | 1,220,000 |
| 114 | F&G Annuities & Life Inc 6.25% 10/04/2034 | 30190AAG9 | 30190AAG9 | 0.24% | 1,200,000 |
| 115 | Apollo Debt Solutions BDC 6.55% 03/15/2032 | 03770DAF0 | 03770DAF0 | 0.23% | 1,120,000 |
| 116 | Ares Strategic Income Fund 6.2% 03/21/2032 | 04020EAJ6 | 04020EAJ6 | 0.23% | 1,160,000 |
| 117 | Ares Strategic Income Fund 5.15% 01/15/2031 | 04020EAR8 | 04020EAR8 | 0.23% | 1,210,000 |
| 118 | Canadian Imperial Bank of Commerce 7% 10/28/2085 | 13607P7Y4 | 13607P7Y4 | 0.23% | 1,135,000 |
| 119 | GNMAII JUMBO 30YR 5.0 MAR 5% 03/15/2041 | 21H050631 | 21H050631 | 0.23% | 1,170,000 |
| 120 | Federal National Mortgage Association 5.625% 07/15/2037 | 31398AFD9 | 31398AFD9 | 0.23% | 1,045,000 |
| 121 | Discovery Global Holdings Inc 5.391% 03/15/2062 | 55903VBF9 | 55903VBF9 | 0.23% | 2,000,000 |
| 122 | American Electric Power Co Inc 6.95% 12/15/2054 | 025537BA8 | 025537BA8 | 0.22% | 1,050,000 |
| 123 | BGC Group Inc 6.15% 04/02/2030 | 05555LAD3 | 05555LAD3 | 0.22% | 1,085,000 |
| 124 | LYB International Finance III LLC 6.15% 05/15/2035 | 50249AAP8 | 50249AAP8 | 0.21% | 1,000,000 |
| 125 | Alliant Energy Corp 5.75% 04/01/2056 | 018802AF5 | 018802AF5 | 0.20% | 1,035,000 |
| 126 | GNMAII JUMBO TBA 30YR 4.5 MAR 4.5% 03/15/2041 | 21H042638 | 21H042638 | 0.20% | 1,050,000 |
| 127 | Dow Chemical Co/The 6.9% 05/15/2053 | 260543DH3 | 260543DH3 | 0.20% | 950,000 |
| 128 | Entergy Corp 5.875% 06/15/2056 | 29364GAR4 | 29364GAR4 | 0.20% | 1,025,000 |
| 129 | Nanshan Life Pte Ltd 5.875% 03/17/2041 | BMW2FN5 | BMW2FN5 | 0.20% | 1,000,000 |
| 130 | Apollo Debt Solutions BDC 6.7% 07/29/2031 | 03770DAD5 | 03770DAD5 | 0.19% | 900,000 |
| 131 | Blackstone Private Credit Fund 6.25% 01/25/2031 | 09261HBG1 | 09261HBG1 | 0.19% | 950,000 |
| 132 | Dow Chemical Co/The 5.95% 03/15/2055 | 260543DM2 | 260543DM2 | 0.19% | 1,050,000 |
| 133 | Federal Home Loan Banks 5.5% 07/15/2036 | 3133XGAY0 | 3133XGAY0 | 0.19% | 845,000 |
| 134 | HPS Corporate Lending Fund 5.45% 01/14/2028 | 40440VAH8 | 40440VAH8 | 0.19% | 950,000 |
| 135 | APA Corp 5.1% 09/01/2040 | 03743QBB3 | 03743QBB3 | 0.18% | 1,020,000 |
| 136 | HPS Corporate Lending Fund 6.75% 01/30/2029 | 40440VAF2 | 40440VAF2 | 0.18% | 875,000 |
| 137 | Tennessee Valley Authority 5.88% 04/01/2036 | 880591CS9 | 880591CS9 | 0.18% | 820,000 |
| 138 | American Assets Trust LP 3.375% 02/01/2031 | 02401LAA2 | 02401LAA2 | 0.17% | 925,000 |
| 139 | Apollo Debt Solutions BDC 6.9% 04/13/2029 | 03770DAB9 | 03770DAB9 | 0.17% | 800,000 |
| 140 | Ares Capital Corp 3.2% 11/15/2031 | 04010LBC6 | 04010LBC6 | 0.17% | 1,000,000 |
| 141 | Capital One Financial Corp 6.183% 01/30/2036 | 14040HDJ1 | 14040HDJ1 | 0.17% | 825,000 |
| 142 | Dow Chemical Co/The 9.4% 05/15/2039 | 260543BY8 | 260543BY8 | 0.17% | 650,000 |
| 143 | Duke Energy Corp 6.45% 09/01/2054 | 26441CCG8 | 26441CCG8 | 0.17% | 835,000 |
| 144 | Federal Home Loan Banks 4.75% 04/09/2027 | 3130B0TY5 | 3130B0TY5 | 0.17% | 825,000 |
| 145 | Centene Corp 4.625% 12/15/2029 | 15135BAT8 | 15135BAT8 | 0.16% | 820,000 |
| 146 | Dow Chemical Co/The 4.8% 05/15/2049 | 260543CV3 | 260543CV3 | 0.16% | 975,000 |
| 147 | Edison International 5.25% 03/15/2032 | 281020BB2 | 281020BB2 | 0.16% | 800,000 |
| 148 | Occidental Petroleum Corp 6.6% 03/15/2046 | 674599DL6 | 674599DL6 | 0.16% | 780,000 |
| 149 | Sempra 6.375% 04/01/2056 | 816851BW8 | 816851BW8 | 0.16% | 765,000 |
| 150 | Western Midstream Operating LP 5.3% 03/01/2048 | 958254AJ3 | 958254AJ3 | 0.16% | 910,000 |
| 151 | Ares Capital Corp 5.8% 03/08/2032 | 04010LBH5 | 04010LBH5 | 0.15% | 735,000 |
| 152 | Dow Chemical Co/The 5.55% 11/30/2048 | 260543CR2 | 260543CR2 | 0.15% | 870,000 |
| 153 | Federal Home Loan Mortgage Corp 6.75% 09/15/2029 | 3134A3U46 | 3134A3U46 | 0.15% | 700,000 |
| 154 | Prudential Financial Inc 4.5% 09/15/2047 | 744320AW2 | 744320AW2 | 0.15% | 750,000 |
| 155 | Synchrony Financial 6% 07/29/2036 | 87165BAY9 | 87165BAY9 | 0.15% | 750,000 |
| 156 | Aegon Ltd 5.5% 04/11/2048 | 007924AJ2 | 007924AJ2 | 0.14% | 680,000 |
| 157 | Brookfield Finance Inc 6.3% 01/15/2055 | 11271LAN2 | 11271LAN2 | 0.14% | 730,000 |
| 158 | Conagra Brands Inc 5.4% 11/01/2048 | 205887CE0 | 205887CE0 | 0.14% | 780,000 |
| 159 | Dow Chemical Co/The 4.375% 11/15/2042 | 260543CG6 | 260543CG6 | 0.14% | 880,000 |
| 160 | Edison International 6.95% 11/15/2029 | 281020AW7 | 281020AW7 | 0.14% | 650,000 |
| 161 | Occidental Petroleum Corp 6.2% 03/15/2040 | 674599DJ1 | 674599DJ1 | 0.14% | 695,000 |
| 162 | Western Midstream Operating LP 5.45% 04/01/2044 | 958254AD6 | 958254AD6 | 0.14% | 760,000 |
| 163 | FNMA TBA 30YR TBA 5% MAR 5% 03/15/2041 | 01F050635 | 01F050635 | 0.13% | 650,000 |
| 164 | American Electric Power Co Inc 5.8% 03/15/2056 | 02557TAE9 | 02557TAE9 | 0.13% | 660,000 |
| 165 | Prudential Financial Inc 6.5% 03/15/2054 | 744320BP6 | 744320BP6 | 0.13% | 635,000 |
| 166 | NextEra Energy Capital Holdings Inc 6.75% 06/15/2054 | 65339KDB3 | 65339KDB3 | 0.12% | 560,000 |
| 167 | Tennessee Valley Authority 4.625% 09/15/2060 | 880591EJ7 | 880591EJ7 | 0.12% | 670,000 |
| 168 | FWD Group Holdings Ltd 7.635% 07/02/2031 | BRXB1N8 | BRXB1N8 | 0.12% | 550,000 |
| 169 | Athene Holding Ltd 6.625% 05/19/2055 | 04686JAL5 | 04686JAL5 | 0.11% | 560,000 |
| 170 | Energy Transfer LP 6.25% 04/15/2049 | 29279FAA7 | 29279FAA7 | 0.11% | 560,000 |
| 171 | First Citizens BancShares Inc/NC 6.254% 03/12/2040 | 31959XAF0 | 31959XAF0 | 0.11% | 530,000 |
| 172 | GLP Capital LP / GLP Financing II Inc 5.75% 11/01/2037 | 361841AW9 | 361841AW9 | 0.11% | 565,000 |
| 173 | Huntington Bancshares Inc/OH 2.487% 08/15/2036 | 446150AX2 | 446150AX2 | 0.11% | 640,000 |
| 174 | Kyndryl Holdings Inc 4.1% 10/15/2041 | 50155QAM2 | 50155QAM2 | 0.11% | 810,000 |
| 175 | Prudential Financial Inc 6.75% 03/01/2053 | 744320BL5 | 744320BL5 | 0.11% | 500,000 |
| 176 | Western Midstream Operating LP 5.5% 02/01/2050 | 958667AA5 | 958667AA5 | 0.11% | 610,000 |
| 177 | FNB Corp/PA 5.722% 12/11/2030 | 302520AD3 | 302520AD3 | 0.10% | 480,000 |
| 178 | Federal Home Loan Banks 4.125% 01/15/2027 | 3130AYPN0 | 3130AYPN0 | 0.09% | 460,000 |
| 179 | Blackstone Secured Lending Fund 5.125% 01/31/2031 | 09261XAL6 | 09261XAL6 | 0.08% | 390,000 |
| 180 | HF Sinclair Corp 6.25% 01/15/2035 | 403949AS9 | 403949AS9 | 0.07% | 330,000 |
| 181 | Energy Transfer LP 5.35% 05/15/2045 | 86765BAQ2 | 86765BAQ2 | 0.07% | 400,000 |
| 182 | Tennessee Valley Authority 4.375% 08/01/2034 | 880591FB3 | 880591FB3 | 0.07% | 350,000 |
| 183 | Helmerich & Payne Inc 5.5% 12/01/2034 | 423452AN1 | 423452AN1 | 0.06% | 315,000 |
| 184 | FNMA TBA 30YR TBA 4% MAR 4% 03/15/2041 | 01F040636 | 01F040636 | 0.05% | 250,000 |
| 185 | Flowers Foods Inc 5.75% 03/15/2035 | 343498AD3 | 343498AD3 | 0.05% | 250,000 |
| 186 | GNMAII JUMBO TBA 30YR TBA 4% MAR 4% 03/15/2042 | 21H040632 | 21H040632 | 0.04% | 200,000 |
| 187 | LYB International Finance III LLC 3.625% 04/01/2051 | 50249AAJ2 | 50249AAJ2 | 0.04% | 300,000 |
| 188 | Ovintiv Inc 6.5% 08/15/2034 | 292505AD6 | 292505AD6 | 0.03% | 150,000 |
| 189 | Hasbro Inc 6.35% 03/15/2040 | 418056AS6 | 418056AS6 | 0.03% | 120,000 |
| 190 | Humana Inc 6% 05/01/2055 | 444859CC4 | 444859CC4 | 0.03% | 150,000 |
| 191 | LYB International Finance III LLC 3.8% 10/01/2060 | 50249AAK9 | 50249AAK9 | 0.02% | 135,000 |
| 192 | Cash & Other | Cash&Other | Cash&Other | -7.83% | -39,571,783 |
As of DATE
As of DATE
As of DATE
As of DATE
| index | Ex-Dividend Date | Income | ST Cap Gains | MD Cap Gains | LT Cap Gains |
|---|---|---|---|---|---|
| 0 | 02/18/2026 | 0.120380840 | |||
| 1 | 01/21/2026 | 0.119831450 | |||
| 2 | 12/17/2025 | 0.194362550 | |||
| 3 | 11/18/2025 | 0.149165080 | |||
| 4 | 10/21/2025 | 0.174256650 | |||
| 5 | 09/17/2025 | 0.145287760 | |||
| 6 | 08/19/2025 | 0.155383770 | |||
| 7 | 07/17/2025 | 0.157062130 | |||
| 8 | 06/17/2025 | 0.139530470 | |||
| 9 | 05/20/2025 | 0.152420530 | |||
| 10 | 04/16/2025 | 0.146908610 | |||
| 11 | 03/18/2025 | 0.141642900 | |||
| 12 | 02/19/2025 | 0.136533770 | |||
| 13 | 01/22/2025 | 0.170216290 | |||
| 14 | 12/17/2024 | 0.169210780 | |||
| 15 | 11/13/2024 | 0.139131830 | |||
| 16 | 10/16/2024 | 0.170109370 | |||
| 17 | 09/17/2024 | 0.147058890 | |||
| 18 | 08/13/2024 | 0.141934560 | |||
| 19 | 07/16/2024 | 0.186733320 | |||
| 20 | 06/11/2024 | 0.147658620 | |||
| 21 | 05/14/2024 | 0.157673610 | |||
| 22 | 04/16/2024 | 0.198364140 | |||
| 23 | 03/12/2024 | 0.142821700 | |||
| 24 | 02/13/2024 | 0.100667150 | |||
| 25 | 01/23/2024 | 0.191768410 | |||
| 26 | 12/15/2023 | 0.163254950 | |||
| 27 | 11/14/2023 | 0.137831580 | |||
| 28 | 10/17/2023 | 0.168960020 | |||
| 29 | 09/12/2023 | 0.132028910 | |||
| 30 | 08/15/2023 | 0.160804860 | |||
| 31 | 07/11/2023 | 0.135454150 | |||
| 32 | 06/13/2023 | 0.134973750 | |||
| 33 | 05/16/2023 | 0.168048630 | |||
| 34 | 04/11/2023 | 0.138690410 | |||
| 35 | 03/14/2023 | 0.12154618 | |||
| 36 | 02/14/2023 | 0.10108161 | |||
| 37 | 01/18/2023 | 0.15710844 | |||
| 38 | 12/16/2022 | 0.10314762 | |||
| 39 | 11/15/2022 | 0.18756941 | |||
| 40 | 10/12/2022 | 0.10667829 | |||
| 41 | 09/13/2022 | 0.03998451 | |||
| 42 | 08/16/2022 | 0.09966834 | |||
| 43 | 07/12/2022 | 0.06853306 | |||
| 44 | 06/14/2022 | 0.20238897 | |||
| 45 | 03/15/2022 | 0.2788345 | |||
| 46 | 12/17/2021 | 0.37457672 | 0.09768 | ||
| 47 | 09/14/2021 | 0.02676454 | |||
| 48 | 06/15/2021 | 0.21574322 | |||
| 49 | 03/16/2021 | 0.07867018 | |||
| 50 | 12/18/2020 | 0.47353146 | |||
| 51 | 09/15/2020 | 0.03199201 | |||
| 52 | 06/16/2020 | 0.31406567 | |||
| 53 | 03/17/2020 | 0.2072249 | |||
| 54 | 12/19/2019 | 0.7474877 | |||
| 55 | 09/17/2019 | 0.06239891 | |||
| 56 | 06/18/2019 | 0.46800988 | |||
| 57 | 03/19/2019 | 0.29900615 | |||
| 58 | 12/19/2018 | 0.73545168 | |||
| 59 | 09/18/2018 | 0.0534909 | |||
| 60 | 06/19/2018 | 0.31714517 | |||
| 61 | 03/20/2018 | 0.23155431 | |||
| 62 | 12/21/2017 | 0.51745724 | |||
| 63 | 09/19/2017 | 0.04737982 | |||
| 64 | 06/13/2017 | 0.27193764 | |||
| 65 | 03/14/2017 | 0.14615358 | |||
| 66 | 12/23/2016 | 0.49058246 | 0.17274 | 0.48215 | |
| 67 | 09/13/2016 | 0.02092465 | |||
| 68 | 06/14/2016 | 0.2293875 | |||
| 69 | 03/15/2016 | 0.12138448 | |||
| 70 | 12/29/2015 | 0.35637098 | |||
| 71 | 09/22/2015 | 0.0372144 | |||
| 72 | 06/16/2015 | 0.23189969 | |||
| 73 | 03/17/2015 | 0.10487719 | |||
| 74 | 12/16/2014 | 0.05402238 |
