# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-25-004804
**Filing Date:** 2025-12
**Character Count:** 60014
**Document Hash:** 3079feb5628a0ebaef65fdcda5765d6a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-004804.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0002000324-25-004804

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust I
- **CENTRAL INDEX KEY:** 0001742912

**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:** 811-23377
- **FILM NUMBER:** 251611435

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 844-986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust
- **DATE OF NAME CHANGE:** 20180606

## Series and Classes Contracts Data

### Academy Veteran Bond ETF (Series ID: S000081291)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000243984 | Academy Veteran Bond ETF | VETZ            |

## Nport-Ex

**Academy Veteran Bond ETF**

**Schedule of Investments**

**October 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**ASSET BACKED SECURITY - 14.4%** | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Small Business Administration Pools<sup>(a)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530428, 4.80% Prime Rate + (2.20%), 10/25/2033 | $254306 | $254902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530439, 4.80% Prime Rate + (2.20%), 10/25/2033 | 669774 | 671345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530455, 4.90% Prime Rate + (2.10%), 11/25/2033 | 1056729 | 1061484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530472, 4.95% Prime Rate + (2.05%), 12/25/2033 | 258726 | 260095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530560, 4.55% Prime Rate + (2.45%), 5/25/2034 | 419169 | 417383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530574, 4.55% Prime Rate + (2.45%), 5/25/2034 | 373873 | 372280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530588, 4.55% Prime Rate + (2.45%), 8/25/2034 | 639243 | 636469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530592, 6.25% Prime Rate + (0.75%), 8/25/2034 | 218625 | 226418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530612, 4.55% Prime Rate + (2.45%), 8/25/2034 | 403206 | 401417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530631, 4.60% Prime Rate + (2.40%), 8/25/2034 | 153629 | 153185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530653, 4.60% Prime Rate + (2.40%), 9/25/2034 | 63220 | 63032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530692, 4.60% Prime Rate + (2.40%), 11/25/2034 | 375586 | 374440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530776, 4.60% Prime Rate + (2.40%), 3/25/2035 | 564686 | 562939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530809, 5.38% Prime Rate + (1.63%), 8/25/2035 | 239471 | 243959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530810, 4.60% Prime Rate + (2.40%), 4/25/2035 | 384095 | 382684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530832, 4.66% Prime Rate + (2.34%), 6/25/2050 | 692579 | 690546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530851, 7.52% Prime Rate + 0.52%, 7/25/2035 | 454704 | 490766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530885, 4.70% Prime Rate + (2.30%), 7/25/2035 | 2352819 | 2370655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 530887, 6.25% Prime Rate + (0.75%), 7/25/2035 | 2077022 | 2166373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL ASSET BACKED SECURITY (Cost $11,792,704)** |  | 11800372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MORTGAGE-BACKED SECURITIES - 83.5%** | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ginnie Mae I Pool |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 615400, 4.50%, 8/15/2033 | 319288 | 321122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 666291, 2.50%, 12/15/2042 | 75132 | 66145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 682229, 4.00%, 7/15/2049 | 152439 | 146491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool AD0997, 2.50%, 4/15/2043 | 37794 | 33280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool AD0998, 2.50%, 4/15/2043 | 100951 | 88545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool AD0999, 2.50%, 5/15/2043 | 9798 | 8628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ginnie Mae II Pool |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 784981, 3.50%, 4/20/2050 | 966458 | 893133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 785510, 2.50%, 1/20/2051 | 1867212 | 1582832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786095, 3.00%, 4/20/2052 | 70630 | 63169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786134, 3.00%, 4/20/2052 | 3114102 | 2760097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786216, 3.50%, 6/20/2052 | 216180 | 197832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786463, 3.50%, 12/20/2052 | 2020789 | 1829313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786464, 2.50%, 12/20/2052 | 400115 | 333187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786552, 2.00%, 12/20/2052 | 426929 | 345990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786723, 3.50%, 11/20/2052 | 296890 | 271692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786724, 2.50%, 1/20/2053 | 856949 | 713605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786784, 4.50%, 6/20/2053 | 684358 | 664960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786793, 2.00%, 12/20/2052 | 430569 | 348940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 786842, 4.00%, 4/20/2053 | 804412 | 754448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 787240, 5.00%, 1/20/2054 | 2033856 | 2026562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 787975, 5.50%, 5/20/2055 | 348008 | 350207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool 788152, 5.00%, 9/20/2055 | 1989144 | 1968617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BK5879, 4.50%, 11/20/2048 | 167443 | 163042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BS8626, 3.00%, 2/20/2050 | 760999 | 683184 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BS8891, 3.50%, 2/20/2050 | 1150615 | 1063255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BS8912, 3.00%, 2/20/2050 | 494274 | 438549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BT1911, 3.50%, 12/20/2050 | 133893 | 122483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BU6116, 2.50%, 4/20/2050 | 59591 | 51152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BU6352, 3.50%, 6/20/2051 | 147713 | 135695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BV1199, 3.50%, 5/20/2050 | 135475 | 123931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BX2636, 2.50%, 10/20/2050 | 697976 | 599658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BY0769, 2.50%, 9/20/2050 | 824252 | 710168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool BZ0238, 2.50%, 3/20/2051 | 1840446 | 1574598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CD4331, 2.00%, 4/20/2051 | 422622 | 347908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CK2586, 3.00%, 4/20/2052 | 1330630 | 1190082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CL5518, 3.00%, 3/20/2052 | 1901894 | 1701005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CL5523, 3.00%, 4/20/2052 | 1194003 | 1067886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CN0347, 3.00%, 9/20/2052 | 117667 | 105354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CN5150, 2.50%, 7/20/2052 | 927483 | 792445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CN6487, 3.00%, 6/20/2052 | 905997 | 810301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CN6885, 3.50%, 5/20/2052 | 81302 | 74100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CN8589, 4.00%, 8/20/2052 | 341357 | 320155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CO4367, 5.00%, 8/20/2052 | 131887 | 131633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CO5989, 3.00%, 2/20/2052 | 1014758 | 900239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CO5999, 3.00%, 9/20/2052 | 664234 | 589273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CQ2299, 3.00%, 11/20/2052 | 546353 | 487431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CQ5485, 4.50%, 11/20/2052 | 344637 | 336195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CR2134, 3.50%, 9/20/2060 | 663590 | 605428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CT5959, 4.50%, 4/20/2053 | 757857 | 738175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CT6282, 4.50%, 2/20/2062 | 463390 | 450911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CT9943, 5.00%, 4/20/2053 | 1259827 | 1255698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CU0134, 4.50%, 5/20/2053 | 581041 | 565815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CU4415, 6.50%, 5/20/2053 | 136851 | 141255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CU5352, 5.50%, 8/20/2053 | 428952 | 432911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CV1066, 5.00%, 6/20/2053 | 604995 | 602826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CV6338, 5.50%, 7/20/2053 | 1228577 | 1242292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CV6387, 5.00%, 6/20/2053 | 676484 | 674058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CV6664, 5.50%, 6/20/2053 | 230221 | 234432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CV7142, 4.50%, 7/20/2050 | 1114569 | 1085104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CW6876, 7.00%, 8/20/2053 | 33402 | 34106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool CY9047, 5.50%, 3/20/2054 | 1006663 | 1015686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool DA2629, 5.00%, 3/20/2054 | 1124971 | 1124629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool DG4649, 5.50%, 12/20/2054 | 483170 | 484660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA2752, 2.50%, 4/20/2045 | 955283 | 842049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA2824, 2.50%, 5/20/2045 | 663468 | 584824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA5386, 3.00%, 8/20/2048 | 157946 | 141647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA6464, 3.00%, 2/20/2050 | 113822 | 101352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA7191, 1.50%, 2/20/2051 | 315225 | 252363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA7906, 2.00%, 3/20/2037 | 623476 | 573096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8040, 1.50%, 4/20/2052 | 543032 | 426797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8095, 1.50%, 12/20/2043 | 100691 | 88915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8173, 2.50%, 8/20/2037 | 217480 | 205443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8239, 2.00%, 2/20/2037 | 428910 | 400907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8314, 2.00%, 1/20/2037 | 106679 | 99714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8417, 4.00%, 11/20/2052 | 1801376 | 1667904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8475, 2.00%, 12/20/2052 | 1126818 | 913190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8710, 3.00%, 1/20/2052 | 1387903 | 1231738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8712, 4.00%, 3/20/2053 | 3501251 | 3243615 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8782, 2.00%, 12/20/2051 | 740711 | 600283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8783, 2.50%, 3/20/2052 | 1270569 | 1056522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8860, 2.00%, 8/20/2052 | 785224 | 636358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8862, 3.00%, 1/20/2053 | 1558352 | 1383008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA8941, 2.00%, 6/20/2053 | 1415866 | 1178401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9093, 5.00%, 8/20/2053 | 1313684 | 1310579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9153, 2.50%, 9/20/2053 | 808077 | 671944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9157, 4.50%, 9/20/2053 | 1504067 | 1459078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9223, 3.00%, 4/20/2052 | 2836632 | 2517457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9224, 3.50%, 10/20/2053 | 827919 | 745619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9287, 3.00%, 2/20/2052 | 844554 | 749526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9344, 3.00%, 9/20/2053 | 192617 | 170779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9406, 3.50%, 11/20/2053 | 1117553 | 1006461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9481, 2.00%, 1/20/2054 | 2730804 | 2269651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9593, 6.00%, 4/20/2054 | 562720 | 568405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9710, 4.50%, 5/20/2054 | 279278 | 270088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pool MA9893, 5.50%, 9/20/2054 | 145854 | 146521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL MORTGAGE-BACKED SECURITIES (Cost $67,374,261)** |  | 68490737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Money Market Funds - 1.4%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 4.03%<sup>(b)</sup> | 1107384 | 1107384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $1,107,384)** |  | 1107384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 99.3% (Cost $80,274,349)** |  | 81398493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Assets in Excess of Liabilities - 0.7% |  | 535436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $81933929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |

---

(a) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of October 31, 2025.

(b) The rate shown represents the 7-day annualized effective yield as of October 31, 2025.

## 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 I

- **b. Investment Company Act file number:** 811-23377

- **c. CIK number of Registrant:** 0001742912

- **d. LEI of Registrant:** 549300VTYHP8U2332C46

- **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:** Academy Veteran Bond ETF

- **b. EDGAR series identifier (if any):** S000081291

- **c. LEI of Series:** 5493000KQ8XCYEBZT527

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $81957936.38

**Total Liabilities:** $24065.55

**Net Assets:** $81933870.83

**Cash Not Reported:** $352.06

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** -5190.28 | **30-Year:** -41996.34

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243984 | 1.40%                | 0.97%                | 0.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $744968.66                                 |
| Month 2  | $0.00                    | $422785.54                                 |
| Month 3  | $0.00                    | $263346.16                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli      | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    604092 | NS      | $604092.21    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Ginnie Mae I Pool                   | Ginnie Mae I Pool                          | CUSIP: 36180CDA4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     37794 | PA      | $33279.65     | 0.04%             | 2043-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                   | Ginnie Mae I Pool                          | CUSIP: 36180CDB2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100951 | PA      | $88545.04     | 0.11%             | 2043-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                   | Ginnie Mae I Pool                          | CUSIP: 36180CDC0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |      9798 | PA      | $8628.04      | 0.01%             | 2043-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                   | Ginnie Mae I Pool                          | CUSIP: 36290RUZ4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    319288 | PA      | $321122.04    | 0.39%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                   | Ginnie Mae I Pool                          | CUSIP: 36295CF89<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     75132 | PA      | $66144.68     | 0.08%             | 2042-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                   | Ginnie Mae I Pool                          | CUSIP: 36295V4N6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    152439 | PA      | $146490.99    | 0.18%             | 2049-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179RBV0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    955283 | PA      | $842049.04    | 1.03%             | 2045-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179RD55<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    663468 | PA      | $584823.98    | 0.71%             | 2045-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179T6X8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    157946 | PA      | $141646.77    | 0.17%             | 2048-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179V7C8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    315225 | PA      | $252363.41    | 0.31%             | 2051-02-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179VFD7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    113822 | PA      | $101351.56    | 0.12%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179W4Z8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    543032 | PA      | $426796.69    | 0.52%             | 2052-04-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179W7G7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100691 | PA      | $88914.85     | 0.11%             | 2043-12-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179WYB8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    623476 | PA      | $573095.83    | 0.70%             | 2037-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179X5A0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1415866 | PA      | $1178401.30   | 1.44%             | 2053-06-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XCJ3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    217480 | PA      | $205442.62    | 0.25%             | 2037-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XEL6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    428910 | PA      | $400907.39    | 0.49%             | 2037-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XGX8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    106679 | PA      | $99713.94     | 0.12%             | 2037-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XK62<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1801376 | PA      | $1667904.11   | 2.04%             | 2052-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XMY9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1126818 | PA      | $913189.96    | 1.11%             | 2052-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XVB9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1387903 | PA      | $1231738.01   | 1.50%             | 2052-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XVD5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   3501251 | PA      | $3243614.91   | 3.96%             | 2053-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XXK7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    740711 | PA      | $600283.25    | 0.73%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XXL5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1270569 | PA      | $1056522.16   | 1.29%             | 2052-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XZ33<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1558352 | PA      | $1383007.51   | 1.69%             | 2053-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179XZZ2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    785224 | PA      | $636357.69    | 0.78%             | 2052-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179Y7E8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    145854 | PA      | $146520.82    | 0.18%             | 2054-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YC69<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1313684 | PA      | $1310579.09   | 1.60%             | 2053-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YE26<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    808077 | PA      | $671944.12    | 0.82%             | 2053-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YE67<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1504067 | PA      | $1459078.43   | 1.78%             | 2053-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YG81<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   2836632 | PA      | $2517457.18   | 3.07%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YG99<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    827919 | PA      | $745618.87    | 0.91%             | 2053-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YJ88<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    844554 | PA      | $749526.03    | 0.91%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YLZ5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    192617 | PA      | $170779.14    | 0.21%             | 2053-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YNX8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1117553 | PA      | $1006461.40   | 1.23%             | 2053-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YRA4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   2730804 | PA      | $2269651.01   | 2.77%             | 2054-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YUS1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    562720 | PA      | $568405.29    | 0.69%             | 2054-04-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 36179YYF5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    279278 | PA      | $270088.21    | 0.33%             | 2054-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617F4WK5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    927483 | PA      | $792445.21    | 0.97%             | 2052-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617F6F45<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    905997 | PA      | $810300.62    | 0.99%             | 2052-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617F6UJ5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     81302 | PA      | $74099.60     | 0.09%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617F8RJ5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    341357 | PA      | $320154.93    | 0.39%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617FFZ84<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    131887 | PA      | $131633.12    | 0.16%             | 2052-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617FHUN2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1014758 | PA      | $900239.04    | 1.10%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617FHUY8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    664234 | PA      | $589272.87    | 0.72%             | 2052-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617J6Q80<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    167443 | PA      | $163041.76    | 0.20%             | 2048-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617MK2Y4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1150615 | PA      | $1063255.36   | 1.30%             | 2050-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617MK3V9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    494274 | PA      | $438549.14    | 0.54%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617MKSP5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    760999 | PA      | $683184.37    | 0.83%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617MQDQ6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    133893 | PA      | $122483.35    | 0.15%             | 2050-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617N7YM3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     59591 | PA      | $51151.94     | 0.06%             | 2050-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617N8BV6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    147713 | PA      | $135694.90    | 0.17%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617NEKL5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    135475 | PA      | $123930.97    | 0.15%             | 2050-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617Q64V5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    697976 | PA      | $599658.18    | 0.73%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617QG2A1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    824252 | PA      | $710167.68    | 0.87%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617QUHP1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1840446 | PA      | $1574597.84   | 1.92%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617VEY49<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    422622 | PA      | $347908.28    | 0.42%             | 2051-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617XW2T7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1330630 | PA      | $1190081.50   | 1.45%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617YDD41<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1194003 | PA      | $1067885.66   | 1.30%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617YDDX7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1901894 | PA      | $1701005.28   | 2.08%             | 2052-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3617YXL48<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    117667 | PA      | $105353.55    | 0.13%             | 2052-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618A4RU2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    546353 | PA      | $487430.85    | 0.59%             | 2052-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618A8CW5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    344637 | PA      | $336194.99    | 0.41%             | 2052-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618AGLP2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    663590 | PA      | $605428.38    | 0.74%             | 2060-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BB6T1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    463390 | PA      | $450910.98    | 0.55%             | 2062-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BBTQ2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    757857 | PA      | $738174.71    | 0.90%             | 2053-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BGBL1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1259827 | PA      | $1255697.95   | 1.53%             | 2053-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BHEF9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    581041 | PA      | $565815.41    | 0.69%             | 2053-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BM3Y9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    136851 | PA      | $141254.70    | 0.17%             | 2053-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BN5M1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    428952 | PA      | $432910.59    | 0.53%             | 2053-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618BWFF5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    604995 | PA      | $602825.62    | 0.74%             | 2053-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618F35B5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1114569 | PA      | $1085104.34   | 1.32%             | 2050-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618F3BF9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1228577 | PA      | $1242291.96   | 1.52%             | 2053-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618F3CY7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    676484 | PA      | $674057.88    | 0.82%             | 2053-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618F3MM2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    230221 | PA      | $234431.75    | 0.29%             | 2053-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618FFT97<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     33402 | PA      | $34106.10     | 0.04%             | 2053-08-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618G9BQ1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1006663 | PA      | $1015686.00   | 1.24%             | 2054-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618GR4N6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1124971 | PA      | $1124629.37   | 1.37%             | 2054-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3618K1EW7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    483170 | PA      | $484659.92    | 0.59%             | 2054-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622AAM68<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    966458 | PA      | $893132.50    | 1.09%             | 2050-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ABAK8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1867212 | PA      | $1582831.70   | 1.93%             | 2051-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ABUU4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     70630 | PA      | $63169.41     | 0.08%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ABV33<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   3114102 | PA      | $2760097.35   | 3.37%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ABYM8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    216180 | PA      | $197832.50    | 0.24%             | 2052-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622AC4Z0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   2033856 | PA      | $2026561.95   | 2.47%             | 2054-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACB82<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   2020789 | PA      | $1829313.35   | 2.23%             | 2052-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACB90<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    400115 | PA      | $333187.36    | 0.41%             | 2052-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACEZ9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    426929 | PA      | $345989.56    | 0.42%             | 2052-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACLC2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    296890 | PA      | $271692.28    | 0.33%             | 2052-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACLD0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    856949 | PA      | $713605.48    | 0.87%             | 2053-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACM98<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    684358 | PA      | $664960.08    | 0.81%             | 2053-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACNJ5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    430569 | PA      | $348939.91    | 0.43%             | 2052-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ACP38<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    804412 | PA      | $754447.94    | 0.92%             | 2053-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622AD5M6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1989144 | PA      | $1968617.22   | 2.40%             | 2055-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                  | Ginnie Mae II Pool                         | CUSIP: 3622ADXC7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    348008 | PA      | $350206.74    | 0.43%             | 2055-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A02J8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    564686 | PA      | $562939.53    | 0.69%             | 2035-03-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A03T5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    239471 | PA      | $243959.14    | 0.30%             | 2035-08-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A03U2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    384095 | PA      | $382683.64    | 0.47%             | 2035-04-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A04S6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    692579 | PA      | $690545.89    | 0.84%             | 2050-06-25      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A05M8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    454704 | PA      | $490766.10    | 0.60%             | 2035-07-25      | Variable      | 7.52%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A06X3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2352819 | PA      | $2370654.99   | 2.89%             | 2035-07-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A06Z8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2077022 | PA      | $2166372.69   | 2.64%             | 2035-07-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0PN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    254306 | PA      | $254901.58    | 0.31%             | 2033-10-25      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0PZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    669774 | PA      | $671344.98    | 0.82%             | 2033-10-25      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0Q29<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    258726 | PA      | $260094.74    | 0.32%             | 2033-12-25      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0QH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1056729 | PA      | $1061484.49   | 1.30%             | 2033-11-25      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0T83<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    373873 | PA      | $372280.23    | 0.45%             | 2034-05-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0TS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    419169 | PA      | $417382.83    | 0.51%             | 2034-05-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0UN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    639243 | PA      | $636468.54    | 0.78%             | 2034-08-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0US7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    218625 | PA      | $226417.90    | 0.28%             | 2034-08-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0VE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    403206 | PA      | $401417.09    | 0.49%             | 2034-08-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0VZ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    153629 | PA      | $153184.60    | 0.19%             | 2034-08-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0WP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     63220 | PA      | $63031.96     | 0.08%             | 2034-09-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Pools | Small Business Administration Pools        | CUSIP: 8316A0XW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    375586 | PA      | $374440.44    | 0.46%             | 2034-11-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer