# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-001206
**Filing Date:** 2026-3
**Character Count:** 32694
**Document Hash:** ac52e00566f01e4406a84430e63778b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001206.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002000324-26-001206

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust III
- **CENTRAL INDEX KEY:** 0001722388

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23312
- **FILM NUMBER:** 26803954

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Trust I
- **DATE OF NAME CHANGE:** 20180319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Funds I Trust
- **DATE OF NAME CHANGE:** 20171113

## Series and Classes Contracts Data

### Rockefeller New York Municipal Bond ETF (Series ID: S000086369)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000251863 | Rockefeller New York Municipal Bond ETF | RMNY            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Tidal Trust III

- **b. Investment Company Act file number:** 811-23312

- **c. CIK number of Registrant:** 0001722388

- **d. LEI of Registrant:** 254900O7GV43AAUCM784

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

**Item A.2. Information about the Series.**

- **a. Name of Series:** Rockefeller New York Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000086369

- **c. LEI of Series:** 2549009ZENSO21UIIK40

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $21572387.98

**Total Liabilities:** $798168.63

**Net Assets:** $20774219.35

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** -29.63 | **5-Year:** -686.66 | **10-Year:** -11639.67 | **30-Year:** -5821.09

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** -719.81 | **30-Year:** -426.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251863 | 0.22%                | -0.05%               | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5805.99                 | $-32292.48                                 |
| Month 2  | $-18661.12               | $-57451.43                                 |
| Month 3  | $8397.29                 | $-13359.57                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Samoa Economic Development Authority      | American Samoa Economic Development Authority      | CUSIP: 02936TAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249953.00    | 1.20%             | 2045-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp              | Brooklyn Arena Local Development Corp              | CUSIP: 113807BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $316128.00    | 1.52%             | 2043-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Broome County Local Development Corp               | Broome County Local Development Corp               | CUSIP: 114731AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $445096.60    | 2.14%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development  | Buffalo & Erie County Industrial Land Development  | CUSIP: 11943KBX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14457.32     | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development  | Buffalo & Erie County Industrial Land Development  | CUSIP: 11943KDD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $71218.49     | 0.34%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008EBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $105817.40    | 0.51%             | 2038-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008EDL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50039.37     | 0.24%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008EMY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $51719.15     | 0.25%             | 2042-08-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008ETL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $197751.34    | 0.95%             | 2062-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008EWJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502761.80    | 2.42%             | 2060-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008EWP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262816.38    | 1.27%             | 2051-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008EXJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249825.48    | 1.20%             | 2060-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                            | CUSIP: 12008QAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515394.25    | 2.48%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chautauqua Tobacco Asset Securitization Corp       | Chautauqua Tobacco Asset Securitization Corp       | CUSIP: 162564BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $38923.51     | 0.19%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                              | Children's Trust Fund                              | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126459.29    | 0.61%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                              | Children's Trust Fund                              | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $157010.06    | 0.76%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                | City of New York NY                                | CUSIP: 64966SBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $677619.67    | 3.26%             | 2053-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clinton County Capital Resource Corp               | Clinton County Capital Resource Corp               | CUSIP: 187469AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206101.78    | 0.99%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dobbs Ferry Local Development Corp                 | Dobbs Ferry Local Development Corp                 | CUSIP: 256048AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100080.01    | 0.48%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp             | Erie Tobacco Asset Securitization Corp             | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $82523.44     | 0.40%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GENESEE CNTY NY FUNDING CORP                       | Genesee County Funding Corp/The                    | CUSIP: 371669BF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259325.75    | 1.25%             | 2055-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp              | CUSIP: 424682EY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85038.15     | 0.41%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp              | CUSIP: 424682FT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25041.27     | 0.12%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp              | CUSIP: 424682GB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200110.72    | 0.96%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp              | CUSIP: 424682GE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100008.37    | 0.48%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                        | Long Island Power Authority                        | CUSIP: 542691JZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $279209.41    | 1.34%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority              | Metropolitan Transportation Authority              | CUSIP: 59261ACW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $510345.63    | 2.46%             | 2056-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Ta | Metropolitan Transportation Authority Dedicated Ta | CUSIP: 59260XCU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $717492.29    | 3.45%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY       | Monroe County Industrial Development Corp/NY       | CUSIP: 61075TXW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $125732.14    | 0.61%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Tobacco Settlement Corp              | Nassau County Tobacco Settlement Corp              | CUSIP: 63166MCB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $74612.51     | 0.36%             | 2046-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp             | New York City Housing Development Corp             | CUSIP: 64972KKE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $409168.24    | 1.97%             | 2050-11-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp             | New York City Housing Development Corp             | CUSIP: 64972KLE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506600.10    | 2.44%             | 2055-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority    | New York City Municipal Water Finance Authority    | CUSIP: 64972GS47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $775123.73    | 3.73%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                 | New York Counties Tobacco Trust IV                 | CUSIP: 62947YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $23206.78     | 0.11%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                 | New York Counties Tobacco Trust IV                 | CUSIP: 62947YAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $16744.34     | 0.08%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                 | New York Counties Tobacco Trust IV                 | CUSIP: 62947YAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $3904.59      | 0.02%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                 | New York Counties Tobacco Trust VI                 | CUSIP: 64945JAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $103974.18    | 0.50%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                 | New York Counties Tobacco Trust VI                 | CUSIP: 64945JAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100058.41    | 0.48%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ENERGY FIN DEV CORP                       | New York Energy Finance Development Corp           | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533365.70    | 2.57%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                  | New York Liberty Development Corp                  | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500029.20    | 2.41%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST CONVENTION CENTER                      | New York Convention Center Development Corp        | CUSIP: 649451DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $219988.12    | 1.06%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                     | New York Transportation Development Corp           | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145025.06    | 0.70%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                     | New York Transportation Development Corp           | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506521.45    | 2.44%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                 | CUSIP: 64985SBX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533100.25    | 2.57%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                 | CUSIP: 64985SGG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527175.15    | 2.54%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                 | CUSIP: 64985SKB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531509.05    | 2.56%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                 | CUSIP: 64990BQA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65139.57     | 0.31%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                 | CUSIP: 64990KJD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536103.00    | 2.58%             | 2053-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                 | CUSIP: 64990KJE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515625.80    | 2.48%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency              | New York State Housing Finance Agency              | CUSIP: 64987JN98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $179548.79    | 0.86%             | 2053-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                   | New York State Thruway Authority                   | CUSIP: 650010DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515625.95    | 2.48%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp           | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30001.26     | 0.14%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp           | CUSIP: 650116CU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220011.51    | 1.06%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp           | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103994.96    | 0.50%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp           | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303264.63    | 1.46%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp           | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $133040.26    | 0.64%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp               | Oneida County Local Development Corp               | CUSIP: 682440CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $16268.99     | 0.08%             | 2044-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                    | Onondaga Civic Development Corp                    | CUSIP: 682832DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $39998.54     | 0.19%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                    | Onondaga Civic Development Corp                    | CUSIP: 682832LL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $652217.28    | 3.14%             | 2056-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONONDAGA NY CIVIC DEV CORP                         | Onondaga Civic Development Corp                    | CUSIP: 682832DU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $222525.35    | 1.07%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO CNTY NY LOCAL DEV CORP                     | Ontario County Local Development Corp              | CUSIP: 683063AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $758759.33    | 3.65%             | 2045-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey            | Port Authority of New York & New Jersey            | CUSIP: 73358XHF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504857.35    | 2.43%             | 2052-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | Puerto Rico Sales Tax Financing Corp Sales Tax Rev | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     12000 | PA      | $11076.43     | 0.05%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | Puerto Rico Sales Tax Financing Corp Sales Tax Rev | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $477786.25    | 2.30%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp              | Saratoga County Capital Resource Corp              | CUSIP: 80349LAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524647.65    | 2.53%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp            | Suffolk Regional Off-Track Betting Corp            | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $765039.83    | 3.68%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates     | CUSIP: 88035RCM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $325758.26    | 1.57%             | 2050-05-01      | Variable      | 10.68%                | No            |                  2 | On Loan: No      |
| Tompkins County Development Corp                   | Tompkins County Development Corp                   | CUSIP: 890090AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150189.18    | 0.72%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tompkins County Development Corp                   | Tompkins County Development Corp                   | CUSIP: 890090AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90029.05     | 0.43%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority               | Triborough Bridge & Tunnel Authority               | CUSIP: 89602HHH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262010.83    | 1.26%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp          | Westchester County Local Development Corp          | CUSIP: 95737TER3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $531040.05    | 2.56%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer