SoFi Next 500 ETF |
Schedule of Investments |
as of November 30, 2023 (Unaudited) |
COMMON STOCKS - 93.4% | Shares | Value | |||||
Advertising - 0.3% | |||||||
The Interpublic Group of Companies, Inc.(a) | 5,206 | $ | 160,032 | ||||
Aerospace & Defense - 0.7% | |||||||
Curtiss-Wright Corp. | 473 | 101,175 | |||||
HEICO Corp.(a) | 783 | 133,916 | |||||
Hexcel Corp. | 2,891 | 200,375 | |||||
435,466 | |||||||
Agriculture - 0.2% | |||||||
Darling Ingredients, Inc.(b) | 2,892 | 126,872 | |||||
Airlines - 1.1% | |||||||
Alaska Air Group, Inc.(b) | 6,238 | 235,859 | |||||
American Airlines Group, Inc.(b) | 36,483 | 453,483 | |||||
689,342 | |||||||
Apparel - 1.6% | |||||||
Capri Holdings Ltd.(b) | 1,825 | 88,403 | |||||
Columbia Sportswear Co.(a) | 813 | 63,682 | |||||
Crocs, Inc.(b) | 1,477 | 155,986 | |||||
Deckers Outdoor Corp.(b) | 373 | 247,661 | |||||
PVH Corp. | 872 | 85,264 | |||||
Ralph Lauren Corp. | 539 | 69,736 | |||||
Skechers U.S.A., Inc. - Class A(b) | 1,575 | 92,783 | |||||
Tapestry, Inc.(a) | 3,078 | 97,480 | |||||
VF Corp.(a) | 5,005 | 83,734 | |||||
984,729 | |||||||
Auto Manufacturers - 1.2% | |||||||
Lucid Group, Inc.(a)(b) | 60,856 | 256,812 | |||||
Rivian Automotive, Inc. - Class A(a)(b) | 29,326 | 491,504 | |||||
748,316 | |||||||
Auto Parts & Equipment - 0.6% | |||||||
BorgWarner, Inc. | 3,461 | 116,601 | |||||
Fox Factory Holding Corp.(b) | 638 | 39,881 | |||||
Gentex Corp. | 2,912 | 88,554 | |||||
Lear Corp. | 926 | 123,853 | |||||
Phinia, Inc. | 676 | 17,238 | |||||
386,127 | |||||||
Banks - 5.0% | |||||||
Bank OZK(a) | 1,775 | 74,302 | |||||
BOK Financial Corp. | 876 | 62,871 | |||||
Cadence Bank(a) | 5,798 | 145,240 | |||||
Columbia Banking System, Inc. | 4,548 | 102,012 | |||||
Comerica, Inc.(a) | 2,527 | 114,271 | |||||
Commerce Bancshares, Inc.(a) | 1,532 | 77,473 | |||||
Cullen/Frost Bankers, Inc.(a) | 1,235 | 121,388 | |||||
East West Bancorp, Inc. | 3,182 | 200,211 | |||||
First Citizens BancShares, Inc. - Class A(a) | 518 | 760,367 | |||||
First Financial Bankshares, Inc. | 1,889 | 49,586 | |||||
First Horizon National Corp. | 8,553 | 109,393 | |||||
Glacier Bancorp, Inc.(a) | 1,946 | 65,444 | |||||
Home BancShares, Inc.(a) | 3,816 | 84,639 | |||||
Pinnacle Financial Partners, Inc. | 1,304 | 94,631 | |||||
Prosperity Bancshares, Inc. | 1,119 | 67,487 | |||||
SouthState Corp.(a) | 1,202 | 89,008 | |||||
Synovus Financial Corp. | 2,247 | 69,185 | |||||
United Bankshares, Inc. | 2,380 | 78,802 | |||||
Valley National Bancorp | 11,972 | 108,945 | |||||
Webster Financial Corp. | 7,474 | 335,209 | |||||
Western Alliance Bancorp | 2,819 | 144,389 | |||||
Wintrust Financial Corp. | 1,028 | 88,069 | |||||
Zions Bancorp N.A.(a) | 2,680 | 95,488 | |||||
3,138,410 | |||||||
Beverages - 0.9% | |||||||
Celsius Holdings, Inc.(b) | 5,128 | 253,887 | |||||
Molson Coors Brewing Co. - Class B(a) | 4,020 | 247,391 | |||||
National Beverage Corp. | 1,044 | 49,632 | |||||
550,910 | |||||||
Biotechnology - 1.4% | |||||||
Apellis Pharmaceuticals, Inc.(b) | 1,401 | 75,472 | |||||
Arrowhead Pharmaceuticals, Inc.(b) | 2,141 | 45,389 | |||||
Exelixis, Inc.(b) | 4,028 | 87,851 | |||||
Halozyme Therapeutics, Inc.(b) | 2,857 | 110,309 | |||||
Intra-Cellular Therapies, Inc.(b) | 3,182 | 195,279 | |||||
Ionis Pharmaceuticals, Inc.(a)(b) | 970 | 47,986 | |||||
Karuna Therapeutics, Inc.(a)(b) | 296 | 56,598 | |||||
Mural Oncology PLC(b) | 141 | 509 | |||||
Sarepta Therapeutics, Inc.(a)(b) | 1,388 | 112,817 | |||||
United Therapeutics Corp.(b) | 705 | 169,200 | |||||
901,410 | |||||||
Building Materials - 2.4% | |||||||
AAON, Inc. | 2,134 | 133,588 | |||||
Armstrong World Industries, Inc. | 629 | 53,345 | |||||
Builders FirstSource, Inc.(a)(b) | 1,567 | 210,151 | |||||
Eagle Materials, Inc.(a) | 481 | 87,085 | |||||
Fortune Brands Innovations, Inc.(a) | 1,173 | 80,268 | |||||
Knife River Corp.(b) | 743 | 44,342 | |||||
Lennox International, Inc. | 432 | 175,677 | |||||
Louisiana-Pacific Corp. | 631 | 38,485 | |||||
MDU Resources Group, Inc. | 3,047 | 58,320 | |||||
Mohawk Industries, Inc.(b) | 2,337 | 206,381 | |||||
Owens Corning | 1,169 | 158,493 | |||||
Simpson Manufacturing Co., Inc.(a) | 630 | 105,191 | |||||
Trex Co., Inc.(b) | 1,145 | 80,459 | |||||
UFP Industries, Inc.(a) | 790 | 86,608 | |||||
1,518,393 | |||||||
Chemicals - 1.0% | |||||||
Ashland, Inc.(a) | 858 | 68,571 | |||||
Axalta Coating Systems Ltd.(b) | 3,114 | 97,998 | |||||
Element Solutions, Inc. | 3,243 | 67,973 | |||||
Huntsman Corp. | 2,096 | 51,562 | |||||
Olin Corp. | 1,563 | 73,680 | |||||
RPM International, Inc. | 1,764 | 181,569 | |||||
The Chemours Co. | 1,823 | 50,005 | |||||
Valvoline, Inc.(a) | 1,546 | 52,935 | |||||
644,293 | |||||||
Commercial Services - 4.8% | |||||||
ADT, Inc.(a) | 26,208 | 153,841 | |||||
Alight, Inc. - Class A(b) | 6,440 | 49,266 | |||||
API Group Corp.(a)(b) | 8,512 | 258,339 | |||||
Avis Budget Group, Inc.(a)(b) | 728 | 133,115 | |||||
Bright Horizons Family Solutions, Inc.(b) | 866 | 75,723 | |||||
Driven Brands Holdings, Inc.(b) | 6,643 | 87,355 | |||||
Dun & Bradstreet Holdings, Inc. | 21,944 | 232,387 | |||||
Euronet Worldwide, Inc.(b) | 1,040 | 90,709 | |||||
FTI Consulting, Inc.(b) | 471 | 103,837 | |||||
GXO Logistics, Inc.(a)(b) | 1,777 | 99,974 | |||||
H&R Block, Inc.(a) | 1,813 | 82,346 | |||||
Hertz Global Holdings, Inc.(a)(b) | 8,187 | 68,280 | |||||
Insperity, Inc. | 567 | 64,496 | |||||
ManpowerGroup, Inc.(a) | 615 | 45,639 | |||||
Morningstar, Inc. | 589 | 166,899 | |||||
Paylocity Holding Corp.(b) | 1,341 | 210,094 | |||||
R1 RCM, Inc.(a)(b) | 6,089 | 64,422 | |||||
Robert Half, Inc. | 1,485 | 121,740 | |||||
Service Corp. International | 1,767 | 108,264 | |||||
Toast, Inc. - Class A(a)(b) | 8,470 | 125,949 | |||||
TriNet Group, Inc.(a)(b) | 636 | 73,731 | |||||
Vestis Corp. | 5,311 | 97,244 | |||||
WEX, Inc.(a)(b) | 2,201 | 388,654 | |||||
WillScot Mobile Mini Holdings Corp.(b) | 3,118 | 130,083 | |||||
3,032,387 | |||||||
Computers - 3.1% | |||||||
Amdocs Ltd. | 1,585 | 132,775 | |||||
ASGN, Inc.(b) | 749 | 66,841 | |||||
CACI International, Inc. - Class A(b) | 274 | 87,940 | |||||
DXC Technology Co.(a)(b) | 3,563 | 82,412 | |||||
ExlService Holdings, Inc.(b) | 2,498 | 70,868 | |||||
Insight Enterprises, Inc.(a)(b) | 454 | 68,745 | |||||
KBR, Inc. | 4,698 | 242,746 | |||||
Maximus, Inc. | 682 | 56,940 | |||||
Parsons Corp.(b) | 1,597 | 99,477 | |||||
Pure Storage, Inc. - Class A(b) | 11,281 | 375,770 | |||||
Qualys, Inc.(a)(b) | 657 | 121,440 | |||||
Science Applications International Corp. | 685 | 80,426 | |||||
Super Micro Computer, Inc.(a)(b) | 1,422 | 388,874 | |||||
Tenable Holdings, Inc.(b) | 2,377 | 98,384 | |||||
1,973,638 | |||||||
Cosmetics & Personal Care - 0.5% | |||||||
Coty, Inc. - Class A(b) | 11,874 | 135,364 | |||||
elf Beauty, Inc.(a)(b) | 1,195 | 141,118 | |||||
Inter Parfums, Inc. | 515 | 64,457 | |||||
340,939 | |||||||
Distribution & Wholesale - 1.0% | |||||||
Core & Main, Inc. - Class A(a)(b) | 3,309 | 115,914 | |||||
Pool Corp.(a) | 506 | 175,744 | |||||
SiteOne Landscape Supply, Inc.(b) | 523 | 73,649 | |||||
Watsco, Inc.(a) | 445 | 170,092 | |||||
WESCO International, Inc. | 790 | 123,122 | |||||
658,521 | |||||||
Diversified Financial Services - 3.0% | |||||||
Affiliated Managers Group, Inc. | 459 | 62,217 | |||||
Air Lease Corp. | 3,159 | 122,538 | |||||
Ally Financial, Inc.(a) | 3,881 | 113,403 | |||||
Blue Owl Capital, Inc. - Class A(a) | 27,170 | 366,251 | |||||
Credit Acceptance Corp.(a)(b) | 148 | 67,636 | |||||
Evercore, Inc. - Class A | 426 | 62,856 | |||||
Houlihan Lokey, Inc. | 504 | 54,291 | |||||
Interactive Brokers Group, Inc. - Class A | 2,319 | 180,511 | |||||
Invesco Ltd. | 4,758 | 67,897 | |||||
Jefferies Financial Group, Inc. | 2,273 | 80,555 | |||||
Lazard Ltd. - Class A | 1,350 | 40,473 | |||||
OneMain Holdings, Inc. | 1,513 | 64,000 | |||||
Radian Group, Inc. | 1,628 | 41,856 | |||||
SEI Investments Co. | 1,579 | 92,640 | |||||
SLM Corp. | 2,790 | 41,934 | |||||
Stifel Financial Corp.(a) | 1,276 | 77,862 | |||||
The Western Union Co. | 3,548 | 41,263 | |||||
Tradeweb Markets, Inc. - Class A(a) | 1,736 | 168,218 | |||||
Voya Financial, Inc.(a) | 1,765 | 126,215 | |||||
1,872,616 | |||||||
Electric - 1.5% | |||||||
Black Hills Corp. | 1,021 | 52,673 | |||||
Hawaiian Electric Industries, Inc.(a) | 1,779 | 21,686 | |||||
IDACORP, Inc. | 639 | 61,664 | |||||
NRG Energy, Inc. | 3,034 | 145,147 | |||||
OGE Energy Corp. | 2,056 | 72,063 | |||||
Ormat Technologies, Inc.(a) | 853 | 57,424 | |||||
Pinnacle West Capital Corp. | 1,491 | 111,736 | |||||
PNM Resources, Inc. | 1,292 | 53,708 | |||||
Portland General Electric Co. | 1,133 | 46,521 | |||||
Vistra Corp. | 8,636 | 305,800 | |||||
928,422 | |||||||
Electrical Components & Equipment - 0.6% | |||||||
Acuity Brands, Inc.(a) | 414 | 74,214 | |||||
Generac Holdings, Inc.(a)(b) | 753 | 88,154 | |||||
Littelfuse, Inc. | 339 | 78,919 | |||||
Universal Display Corp.(a) | 654 | 110,656 | |||||
351,943 | |||||||
Electronics - 2.7% | |||||||
Allegion PLC | 1,104 | 117,123 | |||||
Arrow Electronics, Inc.(b) | 698 | 82,755 | |||||
Atkore, Inc.(b) | 590 | 76,641 | |||||
Coherent Corp.(b) | 6,344 | 233,396 | |||||
Hubbell, Inc. | 676 | 202,800 | |||||
Jabil, Inc. | 1,937 | 223,375 | |||||
nVent Electric PLC | 2,634 | 140,260 | |||||
Sensata Technologies Holding PLC | 2,303 | 74,871 | |||||
SYNNEX Corp. | 3,156 | 311,308 | |||||
Trimble, Inc.(b) | 3,041 | 141,102 | |||||
Woodward, Inc. | 638 | 86,245 | |||||
1,689,876 | |||||||
Energy - Alternate Sources - 0.3% | |||||||
NextEra Energy Partners LP | 2,068 | 48,681 | |||||
Plug Power, Inc.(a)(b) | 9,705 | 39,208 | |||||
Sunrun, Inc.(a)(b) | 5,759 | 74,291 | |||||
162,180 | |||||||
Engineering & Construction - 1.3% | |||||||
AECOM | 1,732 | 153,906 | |||||
Comfort Systems USA, Inc. | 603 | 116,729 | |||||
EMCOR Group, Inc. | 582 | 123,687 | |||||
Exponent, Inc. | 685 | 52,718 | |||||
MasTec, Inc.(b) | 3,352 | 203,264 | |||||
TopBuild Corp.(b) | 600 | 177,468 | |||||
827,772 | |||||||
Entertainment - 2.1% | |||||||
Caesars Entertainment, Inc.(b) | 3,855 | 172,396 | |||||
Churchill Downs, Inc.(a) | 940 | 108,824 | |||||
DraftKings, Inc. - Class A(b) | 10,968 | 419,416 | |||||
International Game Technology PLC | 4,521 | 120,846 | |||||
Light & Wonder, Inc.(b) | 1,012 | 89,481 | |||||
Marriott Vacations Worldwide Corp.(a) | 1,478 | 107,746 | |||||
Penn Entertainment, Inc.(b) | 1,827 | 44,871 | |||||
SeaWorld Entertainment, Inc.(b) | 907 | 44,352 | |||||
TKO Group Holdings, Inc.(a) | 620 | 47,945 | |||||
Vail Resorts, Inc. | 714 | 155,159 | |||||
1,311,036 | |||||||
Environmental Control - 0.9% | |||||||
Casella Waste Systems, Inc. - Class A(a)(b) | 730 | 59,042 | |||||
Clean Harbors, Inc.(b) | 1,115 | 180,251 | |||||
Pentair PLC | 1,920 | 123,917 | |||||
Stericycle, Inc.(b) | 2,336 | 109,722 | |||||
Tetra Tech, Inc. | 677 | 107,068 | |||||
580,000 | |||||||
Food - 2.3% | |||||||
Albertsons Cos., Inc. - Class A | 7,343 | 159,857 | |||||
Flowers Foods, Inc. | 2,694 | 56,062 | |||||
Ingredion, Inc. | 1,470 | 150,660 | |||||
Lancaster Colony Corp. | 365 | 60,554 | |||||
Performance Food Group Co.(a)(b) | 6,639 | 431,866 | |||||
Pilgrim's Pride Corp.(b) | 9,018 | 230,500 | |||||
Post Holdings, Inc.(a)(b) | 1,792 | 153,091 | |||||
US Foods Holding Corp.(a)(b) | 4,108 | 180,054 | |||||
1,422,644 | |||||||
Food Service - 0.5% | |||||||
Aramark | 10,383 | 290,828 | |||||
Gas - 0.9% | |||||||
National Fuel Gas Co.(a) | 2,021 | 102,647 | |||||
New Jersey Resources Corp. | 1,690 | 71,318 | |||||
NiSource, Inc. | 6,060 | 155,378 | |||||
ONE Gas, Inc.(a) | 988 | 56,938 | |||||
Southwest Gas Holdings, Inc. | 1,124 | 66,440 | |||||
UGI Corp. | 4,214 | 92,666 | |||||
545,387 | |||||||
Hand & Machine Tools - 0.9% | |||||||
Lincoln Electric Holdings, Inc.(a) | 810 | 160,429 | |||||
MSA Safety, Inc. | 1,327 | 231,083 | |||||
Regal Rexnord Corp.(a) | 1,462 | 175,148 | |||||
566,660 | |||||||
Healthcare - Products - 3.9% | |||||||
10X Genomics, Inc. - Class A(b) | 974 | 42,388 | |||||
Avantor, Inc.(a)(b) | 8,694 | 184,139 | |||||
Bio-Techne Corp. | 2,068 | 130,077 | |||||
Bruker Corp.(a) | 1,882 | 122,499 | |||||
DENTSPLY SIRONA, Inc.(a) | 1,875 | 59,531 | |||||
Envista Holdings Corp.(b) | 2,044 | 46,378 | |||||
Globus Medical, Inc. - Class A(b) | 993 | 44,606 | |||||
Haemonetics Corp.(b) | 1,325 | 107,153 | |||||
ICU Medical, Inc.(b) | 582 | 51,076 | |||||
Inspire Medical Systems, Inc.(a)(b) | 720 | 104,623 | |||||
Integra LifeSciences Holdings Corp.(b) | 1,132 | 44,363 | |||||
Lantheus Holdings, Inc.(b) | 4,955 | 354,878 | |||||
Masimo Corp.(b) | 1,192 | 111,762 | |||||
Merit Medical Systems, Inc.(b) | 829 | 59,323 | |||||
Natera, Inc.(b) | 1,848 | 103,396 | |||||
Penumbra, Inc.(b) | 1,320 | 293,159 | |||||
QuidelOrtho Corp.(a)(b) | 1,625 | 111,686 | |||||
Repligen Corp.(a)(b) | 830 | 130,518 | |||||
Shockwave Medical, Inc.(b) | 2,020 | 352,591 | |||||
2,454,146 | |||||||
Healthcare - Services - 2.1% | |||||||
Acadia Healthcare Co., Inc.(a)(b) | 1,380 | 100,726 | |||||
agilon health, Inc.(a)(b) | 11,716 | 124,424 | |||||
Catalent, Inc.(b) | 1,884 | 73,193 | |||||
Charles River Laboratories International, Inc.(b) | 719 | 141,702 | |||||
Chemed Corp. | 174 | 98,658 | |||||
DaVita, Inc.(a)(b) | 924 | 93,749 | |||||
Encompass Health Corp. | 961 | 62,628 | |||||
HealthEquity, Inc.(b) | 1,648 | 110,449 | |||||
Medpace Holdings, Inc.(b) | 461 | 124,802 | |||||
Sotera Health Co.(b) | 3,082 | 42,069 | |||||
Surgery Partners, Inc.(a)(b) | 2,348 | 76,897 | |||||
Teladoc Health, Inc.(a)(b) | 1,765 | 32,017 | |||||
Tenet Healthcare Corp.(b) | 1,131 | 78,050 | |||||
The Ensign Group, Inc. | 790 | 84,585 | |||||
Universal Health Services, Inc. - Class B(a) | 696 | 95,686 | |||||
1,339,635 | |||||||
Home Builders - 0.4% | |||||||
Meritage Homes Corp. | 512 | 72,346 | |||||
Thor Industries, Inc.(a) | 522 | 51,715 | |||||
Toll Brothers, Inc.(a) | 1,461 | 125,484 | |||||
249,545 | |||||||
Home Furnishings - 0.4% | |||||||
Dolby Laboratories, Inc. - Class A(a) | 701 | 60,377 | |||||
Leggett & Platt, Inc. | 1,469 | 33,596 | |||||
Tempur Sealy International, Inc. | 2,011 | 81,084 | |||||
Whirlpool Corp.(a) | 546 | 59,459 | |||||
234,516 | |||||||
Household Products & Wares - 0.1% | |||||||
Reynolds Consumer Products, Inc. | 2,369 | 62,163 | |||||
Housewares - 0.1% | |||||||
Newell Brands, Inc.(a) | 5,903 | 45,040 | |||||
The Scotts Miracle-Gro Co.(a) | 588 | 32,728 | |||||
77,768 | |||||||
Insurance - 3.7% | |||||||
American Financial Group, Inc. | 1,140 | 130,405 | |||||
Assurant, Inc. | 576 | 96,780 | |||||
Axis Capital Holdings Ltd. | 1,208 | 68,059 | |||||
Corebridge Financial, Inc. | 9,979 | 209,858 | |||||
Equitable Holdings, Inc. | 12,910 | 396,207 | |||||
Erie Indemnity Co. - Class A | 607 | 179,453 | |||||
Essent Group Ltd. | 1,215 | 58,733 | |||||
Fidelity National Financial, Inc.(a) | 2,564 | 114,970 | |||||
First American Financial Corp. | 1,026 | 61,150 | |||||
Kinsale Capital Group, Inc.(a) | 347 | 121,485 | |||||
Lincoln National Corp. | 1,806 | 42,947 | |||||
MGIC Investment Corp. | 3,288 | 57,836 | |||||
Old Republic International Corp. | 2,809 | 82,332 | |||||
Primerica, Inc. | 453 | 94,908 | |||||
Reinsurance Group of America, Inc. | 843 | 137,460 | |||||
RLI Corp. | 507 | 68,749 | |||||
Ryan Specialty Holdings, Inc.(a)(b) | 3,058 | 140,270 | |||||
Selective Insurance Group, Inc. | 706 | 71,793 | |||||
The Hanover Insurance Group, Inc. | 494 | 61,404 | |||||
Unum Group | 2,336 | 100,448 | |||||
2,295,247 | |||||||
Internet - 0.9% | |||||||
Chewy, Inc. - Class A(b) | 1,947 | 33,917 | |||||
F5, Inc.(b) | 864 | 147,908 | |||||
IAC, Inc.(a)(b) | 932 | 44,578 | |||||
Robinhood Markets, Inc. - Class A(b) | 10,444 | 91,907 | |||||
Roku, Inc.(b) | 1,247 | 129,937 | |||||
Ziff Davis, Inc.(a)(b) | 824 | 52,588 | |||||
Zillow Group, Inc. - Class C(a)(b) | 1,887 | 77,254 | |||||
578,089 | |||||||
Iron & Steel - 0.8% | |||||||
ATI, Inc.(a)(b) | 4,687 | 205,994 | |||||
Cleveland-Cliffs, Inc.(b) | 6,687 | 114,749 | |||||
Commercial Metals Co. | 2,096 | 95,012 | |||||
United States Steel Corp.(a) | 2,726 | 97,863 | |||||
513,618 | |||||||
Leisure Time - 1.0% | |||||||
Brunswick Corp.(a) | 981 | 77,371 | |||||
Harley-Davidson, Inc.(a) | 1,910 | 57,281 | |||||
Norwegian Cruise Line Holdings Ltd.(a)(b) | 15,094 | 230,485 | |||||
Planet Fitness, Inc. - Class A(b) | 2,305 | 156,602 | |||||
Polaris, Inc.(a) | 708 | 58,389 | |||||
YETI Holdings, Inc.(b) | 1,066 | 45,454 | |||||
625,582 | |||||||
Lodging - 1.1% | |||||||
Boyd Gaming Corp.(a) | 1,227 | 72,454 | |||||
Choice Hotels International, Inc.(a) | 774 | 85,357 | |||||
Hilton Grand Vacations, Inc.(a)(b) | 3,192 | 109,358 | |||||
Hyatt Hotels Corp. - Class A(a) | 1,735 | 199,109 | |||||
Wyndham Hotels & Resorts, Inc. | 1,007 | 77,881 | |||||
Wynn Resorts Ltd. | 1,782 | 150,436 | |||||
694,595 | |||||||
Machinery - Construction & Mining - 0.8% | |||||||
BWX Technologies, Inc. | 1,027 | 80,137 | |||||
Oshkosh Corp. | 852 | 82,891 | |||||
Vertiv Holdings Co. - Class A | 7,950 | 347,097 | |||||
510,125 | |||||||
Machinery - Diversified - 2.1% | |||||||
AGCO Corp. | 1,027 | 116,595 | |||||
Applied Industrial Technologies, Inc. | 567 | 90,760 | |||||
Chart Industries, Inc.(a)(b) | 1,098 | 142,773 | |||||
Cognex Corp. | 1,960 | 73,892 | |||||
Crane Co.(a) | 705 | 74,504 | |||||
Flowserve Corp. | 1,630 | 62,364 | |||||
Gates Industrial Corp. PLC(b) | 3,115 | 38,190 | |||||
Graco, Inc. | 1,849 | 149,362 | |||||
Nordson Corp. | 696 | 163,798 | |||||
The Middleby Corp.(b) | 771 | 97,323 | |||||
The Toro Co. | 1,436 | 119,188 | |||||
Watts Water Technologies, Inc. - Class A | 342 | 65,838 | |||||
Zurn Elkay Water Solutions Corp. | 3,900 | 114,816 | |||||
1,309,403 | |||||||
Media - 0.8% | |||||||
Cable One, Inc. | 64 | 34,053 | |||||
Endeavor Group Holdings, Inc. - Class A | 5,174 | 125,780 | |||||
Fox Corp. - Class A | 3,644 | 107,644 | |||||
News Corp. - Class A | 4,479 | 98,717 | |||||
Nexstar Media Group, Inc. - Class A | 496 | 70,397 | |||||
The New York Times Co. - Class A | 2,040 | 95,860 | |||||
532,451 | |||||||
Metal Fabricate & Hardware - 0.9% | |||||||
Advanced Drainage Systems, Inc.(a) | 1,461 | 176,942 | |||||
RBC Bearings, Inc.(a)(b) | 938 | 241,759 | |||||
The Timken Co. | 959 | 69,432 | |||||
Valmont Industries, Inc. | 336 | 73,776 | |||||
561,909 | |||||||
Mining - 0.5% | |||||||
Alcoa Corp. | 4,203 | 112,892 | |||||
MP Materials Corp.(a)(b) | 5,117 | 81,207 | |||||
Royal Gold, Inc. | 727 | 88,549 | |||||
282,648 | |||||||
Miscellaneous Manufacturers - 1.0% | |||||||
A.O. Smith Corp. | 1,557 | 117,336 | |||||
Carlisle Companies, Inc. | 1,144 | 320,789 | |||||
Donaldson Co., Inc. | 1,500 | 91,260 | |||||
ITT, Inc. | 1,060 | 114,766 | |||||
644,151 | |||||||
Oil & Gas - 8.7% | |||||||
Antero Resources Corp.(b) | 13,157 | 310,900 | |||||
APA Corp.(a) | 8,743 | 314,748 | |||||
Chesapeake Energy Corp.(a) | 3,567 | 286,466 | |||||
Chord Energy Corp.(a) | 2,497 | 404,864 | |||||
Civitas Resources, Inc.(a) | 4,727 | 324,698 | |||||
EQT Corp.(a) | 12,373 | 494,425 | |||||
Helmerich & Payne, Inc. | 4,449 | 161,187 | |||||
HF Sinclair Corp.(a) | 9,447 | 495,778 | |||||
Matador Resources Co.(a) | 3,682 | 213,114 | |||||
Murphy Oil Corp. | 7,711 | 329,799 | |||||
Noble Corp. PLC | 4,418 | 203,846 | |||||
Ovintiv, Inc.(a) | 5,749 | 254,911 | |||||
PBF Energy, Inc. - Class A | 7,028 | 312,043 | |||||
Range Resources Corp.(a) | 6,291 | 204,458 | |||||
Southwestern Energy Co.(b) | 67,133 | 442,406 | |||||
Texas Pacific Land Corp.(a) | 174 | 290,919 | |||||
Transocean Ltd.(b) | 10,021 | 63,734 | |||||
Weatherford International PLC(b) | 3,611 | 327,481 | |||||
5,435,777 | |||||||
Oil & Gas Services - 0.6% | |||||||
ChampionX Corp. | 3,975 | 116,547 | |||||
NOV, Inc. | 12,834 | 241,536 | |||||
358,083 | |||||||
Other Financial Investment Activities - 0.3% | |||||||
SoFi Technologies, Inc.(a)(b) | 28,917 | 210,805 | |||||
Packaging & Containers - 1.7% | |||||||
AptarGroup, Inc. | 751 | 95,294 | |||||
Berry Global Group, Inc. | 1,521 | 100,569 | |||||
Crown Holdings, Inc. | 2,280 | 196,103 | |||||
Graphic Packaging Holding Co. | 6,800 | 154,156 | |||||
Sealed Air Corp.(a) | 1,946 | 64,957 | |||||
Silgan Holdings, Inc. | 1,636 | 68,254 | |||||
Sonoco Products Co. | 3,890 | 214,573 | |||||
Westrock Co. | 3,424 | 140,966 | |||||
1,034,872 | |||||||
Pharmaceuticals - 1.9% | |||||||
Alkermes PLC(b) | 1,419 | 34,255 | |||||
BellRing Brands, Inc.(b) | 3,099 | 163,937 | |||||
Elanco Animal Health, Inc.(b) | 14,232 | 167,653 | |||||
Henry Schein, Inc.(b) | 1,599 | 106,701 | |||||
Jazz Pharmaceuticals PLC(b) | 2,249 | 265,899 | |||||
Neurocrine Biosciences, Inc.(b) | 2,166 | 252,534 | |||||
Option Care Health, Inc.(b) | 2,221 | 66,075 | |||||
Organon & Co. | 2,699 | 30,553 | |||||
Perrigo Co. PLC | 2,795 | 85,136 | |||||
1,172,743 | |||||||
Pipelines - 0.8% | |||||||
Antero Midstream Corp. | 5,895 | 78,521 | |||||
DT Midstream, Inc. | 1,336 | 76,539 | |||||
New Fortress Energy, Inc.(a) | 9,136 | 351,554 | |||||
506,614 | |||||||
Private Equity - 0.2% | |||||||
The Carlyle Group, Inc.(a) | 3,643 | 124,882 | |||||
Real Estate - 0.2% | |||||||
Howard Hughes Holdings, Inc.(b) | 870 | 63,954 | |||||
Jones Lang LaSalle, Inc.(a)(b) | 586 | 91,134 | |||||
155,088 | |||||||
Retail - 3.6% | |||||||
Academy Sports & Outdoors, Inc.(a) | 917 | 46,648 | |||||
Advance Auto Parts, Inc.(a) | 699 | 35,502 | |||||
Asbury Automotive Group, Inc.(b) | 513 | 107,638 | |||||
AutoNation, Inc.(a)(b) | 537 | 72,640 | |||||
Bath & Body Works, Inc. | 2,500 | 81,550 | |||||
BJ's Wholesale Club Holdings, Inc.(b) | 1,858 | 119,990 | |||||
Casey's General Stores, Inc. | 594 | 163,587 | |||||
Dick's Sporting Goods, Inc.(a) | 699 | 90,940 | |||||
FirstCash Holdings, Inc. | 1,090 | 122,080 | |||||
Five Below, Inc.(a)(b) | 725 | 136,634 | |||||
Floor & Decor Holdings, Inc. - Class A(a)(b) | 1,595 | 146,277 | |||||
GameStop Corp. - Class A(a)(b) | 4,417 | 64,267 | |||||
Lithia Motors, Inc. | 392 | 104,660 | |||||
Macy's, Inc.(a) | 3,530 | 55,986 | |||||
MSC Industrial Direct Co., Inc. - Class A(a) | 661 | 64,395 | |||||
Murphy USA, Inc. | 354 | 130,821 | |||||
Penske Automotive Group, Inc.(a) | 921 | 137,505 | |||||
RH(a)(b) | 221 | 59,663 | |||||
Texas Roadhouse, Inc. | 888 | 99,953 | |||||
The Gap, Inc.(a) | 4,417 | 88,649 | |||||
The Wendy's Co.(a) | 2,727 | 51,131 | |||||
Williams-Sonoma, Inc.(a) | 825 | 154,721 | |||||
Wingstop, Inc. | 398 | 95,663 | |||||
2,230,900 | |||||||
Savings & Loans - 0.3% | |||||||
New York Community Bancorp, Inc.(a) | 11,366 | 106,954 | |||||
TFS Financial Corp. | 4,277 | 56,499 | |||||
163,453 | |||||||
Semiconductors - 2.6% | |||||||
Allegro MicroSystems, Inc.(b) | 3,816 | 103,872 | |||||
Amkor Technology, Inc. | 3,536 | 99,609 | |||||
Cirrus Logic, Inc.(b) | 900 | 68,319 | |||||
Entegris, Inc. | 2,690 | 280,836 | |||||
IPG Photonics Corp.(b) | 552 | 52,860 | |||||
Lattice Semiconductor Corp.(a)(b) | 2,984 | 174,713 | |||||
MACOM Technology Solutions Holdings, Inc.(a)(b) | 1,093 | 91,790 | |||||
MKS Instruments, Inc. | 823 | 67,939 | |||||
Power Integrations, Inc.(a) | 607 | 46,381 | |||||
Rambus, Inc.(b) | 4,684 | 316,966 | |||||
Silicon Laboratories, Inc.(b) | 1,132 | 119,279 | |||||
Synaptics, Inc.(a)(b) | 722 | 73,095 | |||||
Wolfspeed, Inc.(a)(b) | 3,378 | 124,513 | |||||
1,620,172 | |||||||
Shipbuilding - 0.2% | |||||||
Huntington Ingalls Industries, Inc. | 549 | 130,124 | |||||
Software - 7.1% | |||||||
AppLovin Corp. - Class A(b) | 3,071 | 115,101 | |||||
Bentley Systems, Inc. - Class B(a) | 4,263 | 221,932 | |||||
BILL Holdings, Inc.(a)(b) | 3,428 | 224,430 | |||||
BlackLine, Inc.(b) | 1,895 | 109,626 | |||||
CCC Intelligent Solutions Holdings, Inc.(b) | 16,742 | 195,547 | |||||
Ceridian HCM Holding, Inc.(a)(b) | 3,100 | 213,590 | |||||
Concentrix Corp.(a) | 819 | 76,978 | |||||
Confluent, Inc. - Class A(b) | 4,719 | 100,137 | |||||
DigitalOcean Holdings, Inc.(a)(b) | 4,458 | 132,046 | |||||
DoubleVerify Holdings, Inc.(b) | 3,673 | 121,944 | |||||
Doximity, Inc. - Class A(a)(b) | 1,792 | 41,664 | |||||
Dropbox, Inc. - Class A(a)(b) | 4,114 | 115,933 | |||||
Duolingo, Inc.(b) | 762 | 161,765 | |||||
Dynatrace, Inc.(b) | 10,793 | 577,964 | |||||
Elastic NV(b) | 1,921 | 154,372 | |||||
Five9, Inc.(b) | 1,597 | 121,723 | |||||
Guidewire Software, Inc.(b) | 1,182 | 118,129 | |||||
Informatica, Inc. - Class A(a)(b) | 7,077 | 177,562 | |||||
Manhattan Associates, Inc.(b) | 839 | 187,139 | |||||
Nutanix, Inc. - Class A(b) | 4,000 | 172,360 | |||||
Paycor HCM, Inc.(a)(b) | 3,685 | 78,159 | |||||
Pegasystems, Inc. | 875 | 45,483 | |||||
Procore Technologies, Inc.(b) | 2,720 | 160,725 | |||||
SentinelOne, Inc. - Class A(b) | 7,538 | 143,900 | |||||
Smartsheet, Inc. - Class A(b) | 2,885 | 122,266 | |||||
SPS Commerce, Inc.(b) | 554 | 95,443 | |||||
Teradata Corp.(b) | 1,995 | 94,264 | |||||
UiPath, Inc. - Class A(b) | 10,677 | 210,978 | |||||
Workiva, Inc.(b) | 627 | 60,299 | |||||
ZoomInfo Technologies, Inc.(a)(b) | 8,547 | 122,820 | |||||
4,474,279 | |||||||
Telecommunications - 0.7% | |||||||
Ciena Corp.(b) | 2,113 | 96,881 | |||||
Frontier Communications Parent, Inc.(a)(b) | 2,053 | 44,940 | |||||
GCI Liberty, Inc. Escrow(b)(c) | 806 | 0 | |||||
Iridium Communications, Inc. | 2,869 | 109,309 | |||||
Juniper Networks, Inc. | 5,747 | 163,502 | |||||
414,632 | |||||||
Toys, Games & Hobbies - 0.2% | |||||||
Hasbro, Inc.(a) | 1,546 | 71,750 | |||||
Mattel, Inc.(b) | 3,618 | 68,742 | |||||
140,492 | |||||||
Transportation - 0.7% | |||||||
Knight-Swift Transportation Holdings, Inc. | 2,197 | 118,155 | |||||
Landstar System, Inc. | 455 | 78,556 | |||||
Saia, Inc.(b) | 362 | 141,321 | |||||
XPO, Inc.(a)(b) | 919 | 79,291 | |||||
417,323 | |||||||
Water - 0.2% | |||||||
Essential Utilities, Inc. | 3,876 | 138,024 | |||||
TOTAL COMMON STOCKS (Cost $57,374,750) | 58,533,003 | ||||||
REAL ESTATE INVESTMENT TRUSTS - 6.4% | |||||||
REITS - 6.4% | |||||||
AGNC Investment Corp.(a) | 9,304 | 82,061 | |||||
Agree Realty Corp. | 1,409 | 83,427 | |||||
American Homes 4 Rent - Class A | 4,649 | 168,619 | |||||
Americold Realty Trust, Inc. | 6,333 | 178,781 | |||||
Annaly Capital Management, Inc.(a) | 16,686 | 301,515 | |||||
Apartment Income REIT Corp. | 1,881 | 58,537 | |||||
Boston Properties, Inc. | 2,182 | 124,221 | |||||
Brixmor Property Group, Inc. | 3,684 | 79,280 | |||||
Camden Property Trust | 1,666 | 150,373 | |||||
Cousins Properties, Inc. | 1,755 | 36,013 | |||||
CubeSmart | 3,583 | 142,460 | |||||
EastGroup Properties, Inc.(a) | 602 | 104,598 | |||||
Equity LifeStyle Properties, Inc.(a) | 2,473 | 175,830 | |||||
Federal Realty Investment Trust | 1,098 | 104,958 | |||||
First Industrial Realty Trust, Inc. | 1,666 | 78,385 | |||||
Gaming and Leisure Properties, Inc. | 3,520 | 164,490 | |||||
Healthcare Realty Trust, Inc. | 4,469 | 68,242 | |||||
Independence Realty Trust, Inc. | 8,178 | 111,384 | |||||
Kilroy Realty Corp. | 1,620 | 53,428 | |||||
Kimco Realty Corp. | 11,992 | 231,684 | |||||
Kite Realty Group Trust | 7,632 | 161,188 | |||||
Lamar Advertising Co. - Class A(a) | 1,217 | 123,270 | |||||
Medical Properties Trust, Inc.(a) | 8,018 | 38,887 | |||||
National Storage Affiliates Trust(a) | 1,666 | 55,295 | |||||
NNN REIT, Inc. | 2,304 | 93,588 | |||||
Omega Healthcare Investors, Inc. | 2,090 | 66,358 | |||||
Rayonier, Inc.(a) | 1,485 | 45,560 | |||||
Regency Centers Corp. | 2,160 | 135,605 | |||||
Rexford Industrial Realty, Inc. | 3,795 | 186,790 | |||||
Rithm Capital Corp.(a) | 5,085 | 52,782 | |||||
Ryman Hospitality Properties, Inc. | 1,962 | 196,887 | |||||
Spirit Realty Capital, Inc. | 2,131 | 88,010 | |||||
STAG Industrial, Inc.(a) | 2,195 | 78,691 | |||||
Starwood Property Trust, Inc.(a) | 5,949 | 118,207 | |||||
Terreno Realty Corp.(a) | 1,412 | 80,639 | |||||
4,020,043 | |||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $4,411,717) | 4,020,043 | ||||||
SHORT-TERM INVESTMENTS - 31.0% | |||||||
Investments Purchased with Proceeds from Securities Lending - 30.9% | |||||||
Mount Vernon Liquid Assets Portfolio, LLC, 4.93%(d) | 19,359,331 | 19,359,331 | |||||
Money Market Funds - 0.1% | |||||||
First American Government Obligations Fund - Class X, 5.29%(d) | 45,158 | 45,158 | |||||
TOTAL SHORT-TERM INVESTMENTS (Cost $19,404,489) | 19,404,489 | ||||||
TOTAL INVESTMENTS - 130.8% (Cost $81,190,956) | $ | 81,957,535 | |||||
Liabilities in Excess of Other Assets - (30.8)% | (19,288,489) | ||||||
TOTAL NET ASSETS - 100.0% | $ | 62,669,046 | |||||
Percentages are stated as a percent of net assets. | |||||||
PLC - Public Limited Company |
(a) | All or a portion of this security is on loan as of November 30, 2023. The total market value of these securities was $18,938,854 which represented 30.2% of net assets. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. |
(b) | Non-income producing security. |
(c) | Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting through its Valuation Designee. These securities represented $0 or 0.0% of net assets as of November 30, 2023. |
(d) | The rate shown represents the annualized seven-day effective yield as of November 30, 2023. |
Summary of Fair Value Exposure at November 30, 2023 (Unaudited)
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:
• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
• Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data.
• Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
The following is a summary of the inputs used to value the Fund's investments as of November 30, 2023:
SoFi Next 500 ETF | ||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments: | ||||||||||||||||
Common Stocks | ||||||||||||||||
Advertising | 160,032 | – | – | 160,032 | ||||||||||||
Aerospace & Defense | 435,466 | – | – | 435,466 | ||||||||||||
Agriculture | 126,872 | – | – | 126,872 | ||||||||||||
Airlines | 689,342 | – | – | 689,342 | ||||||||||||
Apparel | 984,729 | – | – | 984,729 | ||||||||||||
Auto Manufacturers | 748,316 | – | – | 748,316 | ||||||||||||
Auto Parts & Equipment | 386,127 | – | – | 386,127 | ||||||||||||
Banks | 3,138,410 | – | – | 3,138,410 | ||||||||||||
Beverages | 550,910 | – | – | 550,910 | ||||||||||||
Biotechnology | 901,410 | – | – | 901,410 | ||||||||||||
Building Materials | 1,518,393 | – | – | 1,518,393 | ||||||||||||
Chemicals | 644,293 | – | – | 644,293 | ||||||||||||
Commercial Services | 3,032,387 | – | – | 3,032,387 | ||||||||||||
Computers | 1,973,638 | – | – | 1,973,638 | ||||||||||||
Cosmetics & Personal Care | 340,939 | – | – | 340,939 | ||||||||||||
Distribution & Wholesale | 658,521 | – | – | 658,521 | ||||||||||||
Diversified Financial Services | 1,872,616 | – | – | 1,872,616 | ||||||||||||
Electric | 928,422 | – | – | 928,422 | ||||||||||||
Electrical Components & Equipment | 351,943 | – | – | 351,943 | ||||||||||||
Electronics | 1,689,876 | – | – | 1,689,876 | ||||||||||||
Energy - Alternate Sources | 162,180 | – | – | 162,180 | ||||||||||||
Engineering & Construction | 827,772 | – | – | 827,772 | ||||||||||||
Entertainment | 1,311,036 | – | – | 1,311,036 | ||||||||||||
Environmental Control | 580,000 | – | – | 580,000 | ||||||||||||
Food | 1,422,644 | – | – | 1,422,644 | ||||||||||||
Food Service | 290,828 | – | – | 290,828 | ||||||||||||
Gas | 545,387 | – | – | 545,387 | ||||||||||||
Hand & Machine Tools | 566,660 | – | – | 566,660 | ||||||||||||
Healthcare - Products | 2,454,146 | – | – | 2,454,146 | ||||||||||||
Healthcare - Services | 1,339,635 | – | – | 1,339,635 | ||||||||||||
Home Builders | 249,545 | – | – | 249,545 | ||||||||||||
Home Furnishings | 234,516 | – | – | 234,516 | ||||||||||||
Household Products & Wares | 62,163 | – | – | 62,163 | ||||||||||||
Housewares | 77,768 | – | – | 77,768 | ||||||||||||
Insurance | 2,295,247 | – | – | 2,295,247 | ||||||||||||
Internet | 578,089 | – | – | 578,089 | ||||||||||||
Iron & Steel | 513,618 | – | – | 513,618 | ||||||||||||
Leisure Time | 625,582 | – | – | 625,582 | ||||||||||||
Lodging | 694,595 | – | – | 694,595 | ||||||||||||
Machinery - Construction & Mining | 510,125 | – | – | 510,125 | ||||||||||||
Machinery - Diversified | 1,309,403 | – | – | 1,309,403 | ||||||||||||
Media | 532,451 | – | – | 532,451 | ||||||||||||
Metal Fabricate & Hardware | 561,909 | – | – | 561,909 | ||||||||||||
Mining | 282,648 | – | – | 282,648 | ||||||||||||
Miscellaneous Manufacturers | 644,151 | – | – | 644,151 | ||||||||||||
Oil & Gas | 5,435,777 | – | – | 5,435,777 | ||||||||||||
Oil & Gas Services | 358,083 | – | – | 358,083 | ||||||||||||
Other Financial Investment Activities | 210,805 | – | – | 210,805 | ||||||||||||
Packaging & Containers | 1,034,872 | – | – | 1,034,872 | ||||||||||||
Pharmaceuticals | 1,172,743 | – | – | 1,172,743 | ||||||||||||
Pipelines | 506,614 | – | – | 506,614 | ||||||||||||
Private Equity | 124,882 | – | – | 124,882 | ||||||||||||
Real Estate | 155,088 | – | – | 155,088 | ||||||||||||
Retail | 2,230,900 | – | – | 2,230,900 | ||||||||||||
Savings & Loans | 163,453 | – | – | 163,453 | ||||||||||||
Semiconductors | 1,620,172 | – | – | 1,620,172 | ||||||||||||
Shipbuilding | 130,124 | – | – | 130,124 | ||||||||||||
Software | 4,474,279 | – | – | 4,474,279 | ||||||||||||
Telecommunications | 414,632 | – | 0 | (a) | 414,632 | |||||||||||
Toys, Games & Hobbies | 140,492 | – | – | 140,492 | ||||||||||||
Transportation | 417,323 | – | – | 417,323 | ||||||||||||
Water | 138,024 | – | – | 138,024 | ||||||||||||
Common Stocks - Total | $ | 58,533,003 | $ | – | $ | 0 | $ | 58,533,003 | ||||||||
Real Estate Investment Trusts | $ | 4,020,043 | $ | – | $ | – | $ | 4,020,043 | ||||||||
Investments Purchased with Proceeds from Securities Lending(b) | – | – | – | 19,359,331 | ||||||||||||
Money Market Funds | 45,158 | – | – | 45,158 | ||||||||||||
Total Investments | $ | 62,598,204 | $ | – | $ | 0 | $ | 81,957,535 | ||||||||
Refer to the Schedule of Investments for industry classifications. |
Common Stock | ||||||||
Balance as of February 28, 2023 | $ | 0(a) | ||||||
Accrued discounts/premiums | - | |||||||
Realized gain (loss) | - | |||||||
Change in unrealized appreciation/depreciation | - | |||||||
Purchases | - | |||||||
Sales | - | |||||||
Transfer into and/or out of Level 3 | - | |||||||
Balance as of November 30, 2023 | $ | 0 | ||||||
Change in unrealized appreciate/depreciation during the period for Level 3 investments held at November 30, 2023: | $ | 0 | ||||||
(a) | The Level 3 securities (Common Stocks) are fair valued at $0 due to a halt in trading as a result of a merger. | |||||||
(b) | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments. |