Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
First Trust Managed Futures Strategy Fund | $49 | 0.95%(1) |
(1) | Annualized. |
Fund net assets | $138,557,945% |
Total number of portfolio holdings | $71% |
Portfolio turnover rate | $0% |
U.S. Government Bonds and Notes | 60.7% |
Money Market Funds | 32.0% |
Net Other Assets and Liabilities(1) | 7.3% |
Total | 100.0% |
(b) Not applicable.
Item 2. Code of Ethics.
The First Trust Exchange-Traded Fund V (“Registrant”) has adopted a code of ethics that applies to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions (“Code of Ethics”). During the period covered by this Form N-CSR, there were no substantive amendments to the Code of Ethics and there were no waivers from the Code of Ethics granted to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions.
A copy of the currently effective Code of Ethics will be filed with the Registrant’s annual Form N-CSR.
Item 3. Audit Committee Financial Expert.
Not applicable to semi-annual reports on Form N-CSR.
Item 4. Principal Accountant Fees and Services.
Not applicable to semi-annual reports on Form N-CSR.
Item 5. Audit Committee of Listed Registrants.
(a) | Not applicable to semi-annual reports on Form N-CSR. |
(b) | Not applicable to the Registrant. |
Item 6. Investments.
(a) | The Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included in the Financial Statements and Other Information filed under Item 7 of this Form N-CSR. |
(b) | Not applicable to the Registrant. |
Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
(a) | Following is a copy of the semi-annual financial statements required, and for the periods specified, by Regulation S-X. |
Semi-Annual Consolidated Financial Statements and Other Information |
For the Six Months Ended June 30, 2024 |
First Trust Managed Futures Strategy Fund (FMF) |
Semi-Annual Consolidated Financial Statements and Other Information
June 30, 2024
1 | |
4 | |
5 | |
6 | |
7 | |
8 | |
15 |
Principal Value | Description | Stated Coupon | Stated Maturity | Value | |
U.S. GOVERNMENT BONDS AND NOTES — 60.7% | |||||
$11,000,000 | U.S. Treasury Note | 0.38% | 09/15/24 | $10,888,393 | |
11,000,000 | U.S. Treasury Note | 1.00% | 12/15/24 | 10,788,512 | |
11,000,000 | U.S. Treasury Note | 0.50% | 03/31/25 | 10,623,229 | |
11,000,000 | U.S. Treasury Note | 0.25% | 06/30/25 | 10,484,562 | |
12,000,000 | U.S. Treasury Note | 0.25% | 09/30/25 | 11,316,328 | |
21,000,000 | U.S. Treasury Note | 0.38% | 11/30/25 | 19,703,497 | |
11,000,000 | U.S. Treasury Note | 0.75% | 03/31/26 | 10,259,863 | |
Total U.S. Government Bonds and Notes | 84,064,384 | ||||
(Cost $84,252,211) |
Shares | Description | Value | |||
MONEY MARKET FUNDS — 32.0% | |||||
22,190,680 | Dreyfus Government Cash Management Fund, Institutional Shares - 5.19% (a) | 22,190,680 | |||
22,190,680 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 5.14% (a) | 22,190,680 | |||
Total Money Market Funds | 44,381,360 | ||||
(Cost $44,381,360) | |||||
Total Investments — 92.7% | 128,445,744 | ||||
(Cost $128,633,571) | |||||
Net Other Assets and Liabilities — 7.3% | 10,112,201 | ||||
Net Assets — 100.0% | $138,557,945 |
Futures Contracts Long | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation (Depreciation)/ Value |
3 Month SOFR Futures | 64 | Dec-2025 | $15,340,800 | $19,586 |
Australian Dollar Currency Futures | 47 | Sep-2024 | 3,141,010 | 11,993 |
Brent Crude Oil Futures | 29 | Jul-2024 | 2,465,000 | 34,622 |
Brent Crude Oil Futures | 20 | Aug-2024 | 1,683,800 | 17,048 |
CAC 40®10 Euro Index Futures | 27 | Jul-2024 | 2,166,506 | (14,905 ) |
Canada 10-Year Bond Futures | 11 | Sep-2024 | 965,440 | (2,339 ) |
CBOE Volatility Index Futures | 1 | Sep-2024 | 15,808 | 8 |
Cocoa Futures | 21 | Dec-2024 | 1,384,110 | (90,118 ) |
Coffee “C” Futures | 58 | Sep-2024 | 4,932,900 | 27,508 |
Copper Futures | 61 | Sep-2024 | 6,697,037 | (134,315 ) |
DJIA Mini E-CBOT Futures | 13 | Sep-2024 | 2,565,485 | 3,655 |
Euro STOXX 50®Futures | 14 | Sep-2024 | 738,570 | 3,864 |
FTSE 100 Index Futures | 18 | Sep-2024 | 1,868,534 | (863 ) |
FTSE MIB Index Futures | 30 | Sep-2024 | 5,360,000 | 79,374 |
Gasoline RBOB Futures | 30 | Jul-2024 | 3,151,890 | 156,333 |
Gasoline RBOB Futures | 9 | Aug-2024 | 934,038 | 5,901 |
Gold 100 Oz. Futures | 27 | Aug-2024 | 6,316,920 | (47,630 ) |
IBEX 35 Index Futures | 48 | Jul-2024 | 5,590,875 | (32,412 ) |
Live Cattle Futures | 45 | Aug-2024 | 3,337,650 | 70,916 |
LME Zinc Futures | 37 | Sep-2024 | 2,715,310 | 10,379 |
Long Gilt Futures | 13 | Sep-2024 | 1,603,390 | 19,956 |
Low Sulphur Gasoil “G” Futures | 54 | Aug-2024 | 4,233,600 | (23,255 ) |
Mexican Peso Currency Futures | 167 | Sep-2024 | 4,498,980 | 18,987 |
Futures Contracts Long | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation (Depreciation)/ Value |
MSCI EAFE Index Futures | 8 | Sep-2024 | $937,280 | $5,800 |
MSCI EMGMKT Index Futures | 56 | Sep-2024 | 3,046,960 | 7,390 |
Nasdaq 100 E-mini Futures | 2 | Sep-2024 | 797,090 | (1,159 ) |
New Zealand Dollar Currency Futures | 58 | Sep-2024 | 3,535,100 | (2,204 ) |
NIKKEI 225 (OSE) Futures | 10 | Sep-2024 | 2,460,066 | 12,152 |
OMXS 30 Index Futures | 86 | Jul-2024 | 2,091,782 | 2,761 |
S&P 500 E-mini Futures | 13 | Sep-2024 | 3,588,975 | (5,186 ) |
S&P MidCap 400 E-Mini Futures | 8 | Sep-2024 | 2,366,480 | 23,480 |
S&P TSX 60 IX Futures | 3 | Sep-2024 | 574,760 | 6,344 |
Soybean Meal Futures | 62 | Dec-2024 | 2,080,100 | (71,027 ) |
SPI 200 Futures | 20 | Sep-2024 | 2,592,343 | 26,760 |
TOPIX Index Futures | 15 | Sep-2024 | 2,620,269 | 21,133 |
TTF Natural Gas Futures | 25 | Jul-2024 | 686,831 | (11,581 ) |
U.S. 10-Year Treasury Note Futures | 11 | Sep-2024 | 1,209,828 | (4,199 ) |
U.S. 2-Year Treasury Notes | 34 | Sep-2024 | 6,943,437 | (4,027 ) |
U.S. Treasury Long Bond Futures | 41 | Sep-2024 | 4,850,813 | (31,514 ) |
Ultra U.S. Treasury Bond Futures | 29 | Sep-2024 | 3,634,969 | (55,907 ) |
WTI Crude Futures | 79 | Aug-2024 | 6,370,560 | 23,650 |
$132,095,296 | $76,959 |
Futures Contracts Short | ||||
Brazilian Real Currency Futures | 399 | Jul-2024 | $(7,118,160 ) | $111,703 |
Canadian Dollar Currency Futures | 110 | Sep-2024 | (8,052,000 ) | (37,525 ) |
Canola Futures | 426 | Nov-2024 | (3,905,480 ) | 75,419 |
Corn Futures | 320 | Dec-2024 | (6,732,000 ) | 633,135 |
Cotton No. 2 Futures | 189 | Dec-2024 | (6,869,205 ) | 37,330 |
ECX Emission Futures | 18 | Dec-2024 | (1,300,627 ) | 37,410 |
Euro FX Currency Futures | 16 | Sep-2024 | (2,150,400 ) | 600 |
Euro-BOBL Futures | 34 | Sep-2024 | (4,239,850 ) | (41,483 ) |
Euro-Bund Futures | 14 | Sep-2024 | (1,973,419 ) | (27,325 ) |
Euro-Schatz Futures | 74 | Sep-2024 | (8,376,760 ) | (38,594 ) |
Japanese Yen Currency Futures | 100 | Sep-2024 | (7,865,625 ) | 157,246 |
Kansas City Hard Red Winter Wheat Futures | 69 | Sep-2024 | (2,022,563 ) | 14,100 |
Lean Hogs Futures | 200 | Aug-2024 | (7,160,000 ) | 185,381 |
LME Aluminium Futures | 67 | Sep-2024 | (4,226,963 ) | 37,895 |
LME Nickel Futures | 64 | Sep-2024 | (6,632,740 ) | 187,853 |
Natural Gas Futures | 76 | Jul-2024 | (1,976,760 ) | 54,462 |
Russell 2000 E-mini Futures | 30 | Sep-2024 | (3,097,500 ) | (21,940 ) |
Soybean Oil Futures | 24 | Dec-2024 | (630,576 ) | 855 |
Swiss Franc Currency Futures | 23 | Sep-2024 | (3,229,487 ) | 13,501 |
U.S. 5-Year Treasury Note Futures | 12 | Sep-2024 | (1,278,938 ) | 1,570 |
Wheat Futures | 223 | Dec-2024 | (6,656,550 ) | 374,717 |
$(95,495,603 ) | $1,756,310 | |||
Total | $36,599,693 | $1,833,269 |
Abbreviations throughout the Portfolio of Investments: | |
SOFR | – Secured Overnight Financing Rate |
(a) | Rate shown reflects yield as of June 30, 2024. |
Valuation Inputs
ASSETS TABLE | ||||
Total Value at 6/30/2024 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
U.S. Government Bonds and Notes | $84,064,384 | $— | $84,064,384 | $— |
Money Market Funds | 44,381,360 | 44,381,360 | — | — |
Total Investments | 128,445,744 | 44,381,360 | 84,064,384 | — |
Futures Contracts* | 2,532,777 | 2,532,777 | — | — |
Total | $130,978,521 | $46,914,137 | $84,064,384 | $— |
LIABILITIES TABLE | ||||
Total Value at 6/30/2024 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Futures Contracts* | $(699,508 ) | $(699,508 ) | $— | $— |
* | Includes cumulative appreciation/depreciation on futures contracts as reported in the Futures Contracts table. Only the current day’s variation margin is presented on the Consolidated Statement of Assets and Liabilities. |
ASSETS: | |
Investments, at value | $128,445,744 |
Cash segregated as collateral for open futures contracts | 13,362,141 |
Receivables: | |
Dividends | 196,250 |
Interest | 79,514 |
Total Assets | 142,083,649 |
LIABILITIES: | |
Due to custodian | 3,034,377 |
Payables: | |
Variation margin | 383,163 |
Investment advisory fees | 108,164 |
Total Liabilities | 3,525,704 |
NET ASSETS | $138,557,945 |
NET ASSETS consist of: | |
Paid-in capital | $135,734,051 |
Par value | 28,520 |
Accumulated distributable earnings (loss) | 2,795,374 |
NET ASSETS | $138,557,945 |
NET ASSET VALUE, per share | $48.58 |
Number of shares outstanding (unlimited number of shares authorized, par value $0.01 per share) | 2,852,000 |
Investments, at cost | $128,633,571 |
Foreign currency, at cost (proceeds) | $(2,939,737) |
INVESTMENT INCOME: | |
Interest | $1,999,494 |
Dividends | 1,529,029 |
Total investment income | 3,528,523 |
EXPENSES: | |
Investment advisory fees | 663,822 |
Total expenses | 663,822 |
NET INVESTMENT INCOME (LOSS) | 2,864,701 |
NET REALIZED AND UNREALIZED GAIN (LOSS): | |
Net realized gain (loss) on: | |
Futures contracts | 4,084,553 |
Foreign currency transactions | (30,250) |
Net realized gain (loss) | 4,054,303 |
Net change in unrealized appreciation (depreciation) on: | |
Investments | (523,314) |
Futures contracts | 2,540,518 |
Foreign currency translation | 48,667 |
Net change in unrealized appreciation (depreciation) | 2,065,871 |
NET REALIZED AND UNREALIZED GAIN (LOSS) | 6,120,174 |
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $8,984,875 |
Six Months Ended 6/30/2024 (Unaudited) | Year Ended 12/31/2023 | |
OPERATIONS: | ||
Net investment income (loss) | $2,864,701 | $6,462,740 |
Net realized gain (loss) | 4,054,303 | (4,238,228) |
Net change in unrealized appreciation (depreciation) | 2,065,871 | (1,452,732) |
Net increase (decrease) in net assets resulting from operations | 8,984,875 | 771,780 |
DISTRIBUTIONS TO SHAREHOLDERS FROM: | ||
Investment operations | (2,104,776) | (4,898,999) |
SHAREHOLDER TRANSACTIONS: | ||
Proceeds from shares sold | 12,330,706 | 19,197,802 |
Cost of shares redeemed | (21,529,821) | (78,519,220) |
Net increase (decrease) in net assets resulting from shareholder transactions | (9,199,115) | (59,321,418) |
Total increase (decrease) in net assets | (2,319,016) | (63,448,637) |
NET ASSETS: | ||
Beginning of period | 140,876,961 | 204,325,598 |
End of period | $138,557,945 | $140,876,961 |
CHANGES IN SHARES OUTSTANDING: | ||
Shares outstanding, beginning of period | 3,052,000 | 4,302,000 |
Shares sold | 250,000 | 400,000 |
Shares redeemed | (450,000) | (1,650,000) |
Shares outstanding, end of period | 2,852,000 | 3,052,000 |
Six Months Ended 6/30/2024 (Unaudited) | Year Ended December 31, | |||||
2023 | 2022 | 2021 | 2020 | 2019 | ||
Net asset value, beginning of period | $46.16 | $47.50 | $45.20 | $44.95 | $42.87 | $45.39 |
Income from investment operations: | ||||||
Net investment income (loss) | 1.00 (a) | 1.81 (a) | 0.44 (a) | (0.43 ) | (0.37 ) (a) | 0.51 (a) |
Net realized and unrealized gain (loss) | 2.16 | (1.73 ) | 2.05 (b) | 2.17 | 2.46 | (2.58 ) |
Total from investment operations | 3.16 | 0.08 | 2.49 | 1.74 | 2.09 | (2.07 ) |
Distributions paid to shareholders from: | ||||||
Net investment income | (0.74 ) | (1.42 ) | (0.19 ) | (1.49 ) | (0.01 ) | (0.45 ) |
Net asset value, end of period | $48.58 | $46.16 | $47.50 | $45.20 | $44.95 | $42.87 |
Total return (c) | 6.82 % | 0.13 % | 5.52 % | 3.88 % | 4.87 % | (4.54 )% |
Ratios to average net assets/supplemental data: | ||||||
Net assets, end of period (in 000’s) | $138,558 | $140,877 | $204,326 | $65,636 | $42,793 | $8,660 |
Ratio of total expenses to average net assets | 0.95 % (d) (e) | 0.95 % | 0.95 % | 0.96 % (f) | 0.95 % | 0.95 % |
Ratio of net expenses to average net assets excluding interest expense | 0.95 % (d) (e) | 0.95 % | 0.95 % | 0.95 % | 0.95 % | 0.95 % |
Ratio of net investment income (loss) to average net assets | 4.10 % (d) (e) | 3.77 % | 0.89 % | (0.96 )% | (0.85 )% | 1.14 % |
Portfolio turnover rate (g) | 0 % | 0 % | 0 % | 0 % | 0 % | 0 % |
(a) | Based on average shares outstanding. |
(b) | The per share amount does not correlate with the aggregate realized and unrealized gain (loss) due to the timing of the Fund share sales and repurchases in relation to market value fluctuation of the underlying investments. |
(c) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(d) | Annualized. |
(e) | Ratios of expenses to average net assets and ratio of net investment income (loss) to average net assets do not reflect the Fund’s proportionate share of expenses and income of underlying investment companies in which the Fund invests. |
(f) | Ratio reflects interest expense of 0.01% for the period ended December 31, 2021, paid on futures margin accounts which is not covered under the annual unitary management fee. |
(g) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions, derivatives and in-kind transactions. |
Distributions paid from: | |
Ordinary income | $4,898,999 |
Capital gains | — |
Return of capital | — |
Undistributed ordinary income | $143,883 |
Accumulated capital and other gain (loss) | (261,963 ) |
Net unrealized appreciation (depreciation) | (210,471 ) |
Tax Cost | Gross Unrealized Appreciation | Gross Unrealized (Depreciation) | Net Unrealized Appreciation (Depreciation) |
$128,633,571 | $2,532,778 | $(887,336 ) | $1,645,442 |
Breakpoints | |
Fund net assets up to and including $2.5 billion | 0.95000 % |
Fund net assets greater than $2.5 billion up to and including $5 billion | 0.92625 % |
Fund net assets greater than $5 billion up to and including $7.5 billion | 0.90250 % |
Fund net assets greater than $7.5 billion up to and including $10 billion | 0.87875 % |
Fund net assets greater than $10 billion | 0.85500 % |
Asset Derivatives | Liability Derivatives | ||||
Derivative Instrument | Risk Exposure | Consolidated Statement of Assets and Liabilities Location | Value | Consolidated Statement of Assets and Liabilities Location | Value |
Futures contracts | Commodity Risk | Unrealized appreciation on futures contracts* | $1,984,914 | Unrealized depreciation on futures contracts* | $377,926 |
Futures contracts | Currency Risk | Unrealized appreciation on futures contracts* | 314,030 | Unrealized depreciation on futures contracts* | 39,729 |
Futures contracts | Equity Risk | Unrealized appreciation on futures contracts* | 192,721 | Unrealized depreciation on futures contracts* | 76,465 |
Futures contracts | Interest Rate Risk | Unrealized appreciation on futures contracts* | 41,112 | Unrealized depreciation on futures contracts* | 205,388 |
* | Includes cumulative appreciation/depreciation on futures contracts as reported in the Fund’s Consolidated Portfolio of Investments. Only the current day’s variation margin is presented on the Consolidated Statement of Assets and Liabilities. |
Consolidated Statement of Operations Location | |
Commodity Risk Exposure | |
Net realized gain (loss) on futures contracts | $1,543,837 |
Net change in unrealized appreciation (depreciation) on futures contracts | 1,757,085 |
Currency Risk Exposure | |
Net realized gain (loss) on futures contracts | 399,985 |
Net change in unrealized appreciation (depreciation) on futures contracts | 429,864 |
Equity Risk Exposure | |
Net realized gain (loss) on futures contracts | 2,222,863 |
Net change in unrealized appreciation (depreciation) on futures contracts | 211,031 |
Interest Rate Risk Exposure | |
Net realized gain (loss) on futures contracts | (82,132 ) |
Net change in unrealized appreciation (depreciation) on futures contracts | 142,538 |
(b) | The Financial Highlights is included in the Financial Statements and Other Information filed under Item 7(a) of this form. |
Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.
(a) | Not applicable to the Registrant. |
Item 9. Proxy Disclosures for Open-End Management Investment Companies.
Not applicable to the Registrant.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
This information is included in the Financial Statements and Other Information filed under Item 7 of this Form N-CSR.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.
This information is included in the Financial Statements and Other Information filed under Item 7 of this Form N-CSR.
Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable to the Registrant.
Item 13. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to the Registrant.
Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable to the Registrant.
Item 15. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant’s board of directors, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.
Item 16. Controls and Procedures.
(a) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
(a) | Not applicable to the Registrant. |
(b) | Not applicable to the Registrant. |
Item 18. Recovery of Erroneously Awarded Compensation.
(a) | Not applicable to the Registrant. |
(b) | Not applicable to the Registrant. |
Item 19. Exhibits.
(a)(1) | Not applicable to semi-annual reports on Form N-CSR. |
(a)(2) | The certifications required by Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2022 are attached hereto. |
(a)(3) | Not applicable to the Registrant. |
(a)(4) | Not applicable to the Registrant. |
(b) | Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(registrant) | First Trust Exchange-Traded Fund V |
By (Signature and Title)* | /s/ James M. Dykas | |
James M. Dykas, President and Chief Executive Officer (principal executive officer) |
Date: | September 6, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* | /s/ James M. Dykas | |
James M. Dykas, President and Chief Executive Officer (principal executive officer) |
Date: | September 6, 2024 |
By (Signature and Title)* | /s/ Derek D. Maltbie | |
Derek D. Maltbie, Treasurer, Chief Financial Officer and Chief Accounting Officer (principal financial officer) |
Date: | September 6, 2024 |
* Print the name and title of each signing officer under his or her signature.