# EDGAR Filing Document

**Accession Number:** 0001547950
**File Stem:** 0001752724-23-010019
**Filing Date:** 2023-1
**Character Count:** 42333
**Document Hash:** 32b513839187fb00a4b4d9275f64eb03
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-010019.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001752724-23-010019

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exchange Listed Funds Trust
- **CENTRAL INDEX KEY:** 0001547950
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22700
- **FILM NUMBER:** 23548974

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120
- **BUSINESS PHONE:** 405-778-8377

**MAIL ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Exchange Traded Concepts Trust II
- **DATE OF NAME CHANGE:** 20120420

## Series and Classes Contracts Data

### Saba Closed-End Funds ETF (Series ID: S000056657)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000179256 | Saba Closed-End Funds ETF | CEFS            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Exchange Listed Funds Trust

- **b. Investment Company Act file number:** 811-22700

- **c. CIK number of Registrant:** 0001547950

- **d. LEI of Registrant:** 549300NACQI9T12KM079

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

  - **Street Address 1:** 10900 Hefner Pointe Drive

  - **City:** Oklahoma City

  - **State:** OK

  - **Foreign country:** US

  - **Zip / Postal Code:** 73120

  - **Telephone number:** 405-778-8377

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

- **a. Name of Series:** Saba Closed-End Funds ETF

- **b. EDGAR series identifier (if any):** S000056657

- **c. LEI of Series:** 549300GSI1BSONVINL03

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

- **a. Date of fiscal year-end:** 2022-11-30

- **b. Date as of which information is reported:** 2022-11-30

**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:** $121937415.08

**Total Liabilities:** $28701212.23

**Net Assets:** $93236202.85

**Cash Not Reported:** $53117.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000179256 | -9.15%               | 4.79%                | 6.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $945780.35               | $-10299575.62                              |
| Month 2  | $113539.61               | $3242106.30                                |
| Month 3  | $-176655.85              | $5809930.51                                |

**Designated Index Information**

- **Index Name:** SABA CLOSED-END FUNDS ETF - ExDerivatives

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cushing MLP & Infrastructure Total Return Fund/The       | Cushing MLP & Infrastructure Total Return Fund/The       | CUSIP: 231631300<br>LEI: 5493006NXITDSHOHUT03 | Long             | EC               | RF                | US        |     59901 | NS      | $2110911.24   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Long-Short Credit Income Fund                 | Blackstone Long-Short Credit Income Fund                 | CUSIP: 09257D102<br>LEI: 549300SM8M5F2TV58W35 | Long             | EC               | RF                | US        |     26362 | NS      | $298417.84    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Infrastructure Industrials and Materials Fund       | Voya Infrastructure Industrials and Materials Fund       | CUSIP: 92912X101<br>LEI: CDDOXZNDBE7I8PJXIJ33 | Long             | EC               | RF                | US        |     63722 | NS      | $622563.94    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Senior Floating Rate Fund Inc                     | Apollo Senior Floating Rate Fund Inc                     | CUSIP: 037636107<br>LEI: 5493005XHGCCBXT5YQ39 | Long             | EC               | RF                | US        |      4227 | NS      | $54232.41     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield New York Quality Fund Inc            | BlackRock MuniYield New York Quality Fund Inc            | CUSIP: 09255E102<br>LEI: 158AYFGDRFUGVL3TD012 | Long             | EC               | RF                | US        |     15932 | NS      | $161709.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Municipal Income Trust                               | DWS Municipal Income Trust                               | CUSIP: 233368109<br>LEI: TEL2CK71Z3LE1OCHIB43 | Long             | EC               | RF                | US        |         1 | NS      | $8.93         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tortoise Midstream Energy Fund Inc                       | Tortoise Midstream Energy Fund Inc                       | CUSIP: 89148B200<br>LEI: 549300YD59DIX0JIF033 | Long             | EC               | RF                | US        |     35631 | NS      | $1342932.39   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Tactical Income Fund Inc                          | Apollo Tactical Income Fund Inc                          | CUSIP: 037638103<br>LEI: 549300JOTMM1DVBHF402 | Long             | EC               | RF                | US        |    266525 | NS      | $3304910.00   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Global Advantage and Premium Opportunity Fund       | Voya Global Advantage and Premium Opportunity Fund       | CUSIP: 92912R104<br>LEI: 549300P8MCGWLP88NI42 | Long             | EC               | RF                | US        |      2862 | NS      | $26072.82     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.              | CBOT 10 Year US Treasury Note                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -44 | NC      | $-7630.26     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Calamos Long/Short Equity & Dynamic Income Trust         | Calamos Long/Short Equity & Dynamic Income Trust         | CUSIP: 12812C106<br>LEI: 54930028TUOZZMUQBY94 | Long             | EC               | RF                | US        |      1580 | NS      | $25627.60     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock California Municipal Income Trust              | BlackRock California Municipal Income Trust              | CUSIP: 09248E102<br>LEI: LE6236HQD6DXEGUHE217 | Long             | EC               | RF                | US        |    275437 | NS      | $3032561.37   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PGIM Short Duration High Yield Opportunities Fund        | PGIM Short Duration High Yield Opportunities Fund        | CUSIP: 69355J104<br>LEI: 549300WGY7DHGMQJU952 | Long             | EC               | RF                | US        |    137751 | NS      | $2108967.81   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance California Municipal Bond Fund               | Eaton Vance California Municipal Bond Fund               | CUSIP: 27828A100<br>LEI: 549300FJGD8HWP11TO17 | Long             | EC               | RF                | US        |     84686 | NS      | $749471.10    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Mortgage and Income Fund                          | Nuveen Mortgage and Income Fund                          | CUSIP: 670735109<br>LEI: 07Q4EPZRU8XATVYVY545 | Long             | EC               | RF                | US        |      3190 | NS      | $51518.50     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS High Yield Municipal Trust                           | MFS High Yield Municipal Trust                           | CUSIP: 59318E102<br>LEI: A8WLLLHJKX1MW5QPZU93 | Long             | EC               | RF                | US        |    138313 | NS      | $442601.60    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco High Income Trust II                             | Invesco High Income Trust II                             | CUSIP: 46131F101<br>LEI: NWTWTK5C3HWITJJQZG91 | Long             | EC               | RF                | US        |       814 | NS      | $8742.36      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Income Opportunities Fund                            | KKR Income Opportunities Fund                            | CUSIP: 48249T106<br>LEI: 549300H65GA67Q2C3B36 | Long             | EC               | RF                | US        |     19691 | NS      | $227824.87    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge Energy Midstream Opportunity Fund Inc        | ClearBridge Energy Midstream Opportunity Fund Inc        | CUSIP: 18469P209<br>LEI: 549300U6RAJWN6OONX12 | Long             | EC               | RF                | US        |    256867 | NS      | $7816462.81   | 8.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Strategic Municipal Income Trust                     | DWS Strategic Municipal Income Trust                     | CUSIP: 23342Q101<br>LEI: HW9ZECORLBPA6LHYL567 | Long             | EC               | RF                | US        |      1057 | NS      | $8815.38      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tortoise Energy Independence Fund Inc                    | Tortoise Energy Independence Fund Inc                    | CUSIP: 89148K200<br>LEI: 5493005UTWHF1U2B2H30 | Long             | EC               | RF                | US        |     13622 | NS      | $441489.02    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| New America High Income Fund Inc/The                     | New America High Income Fund Inc/The                     | CUSIP: 641876800<br>LEI: V5LSTDFQKWGSW30MQ381 | Long             | EC               | RF                | US        |     24525 | NS      | $175599.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Multi-Asset Income Fund                           | Nuveen Multi-Asset Income Fund                           | CUSIP: 670750108<br>LEI: 549300VLJPKC3DNIJ668 | Long             | EC               | RF                | US        |    391052 | NS      | $4829492.20   | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Emerging Markets High Dividend Equity Fund          | Voya Emerging Markets High Dividend Equity Fund          | CUSIP: 92912P108<br>LEI: 549300MBU0OQHUKI2Y86 | Long             | EC               | RF                | US        |    276178 | NS      | $1507931.88   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Credit Strategies Income Fund                     | Nuveen Credit Strategies Income Fund                     | CUSIP: 67073D102<br>LEI: W4CSTD4RDGQSJ4FOVO30 | Long             | EC               | RF                | US        |    241909 | NS      | $1294213.15   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Real Estate Income Fund                        | Principal Real Estate Income Fund                        | CUSIP: 74255X104<br>LEI: 549300HK3LIJEGLGMK36 | Long             | EC               | RF                | US        |    140762 | NS      | $1604686.80   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings New York Quality Fund Inc         | BlackRock MuniHoldings New York Quality Fund Inc         | CUSIP: 09255C106<br>LEI: YP1D2S6Y4JY0A7W3DV93 | Long             | EC               | RF                | US        |      3256 | NS      | $34122.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings Global Short Duration High Yield Fund            | Barings Global Short Duration High Yield Fund            | CUSIP: 06760L100<br>LEI: 549300WWIZCL845OP089 | Long             | EC               | RF                | US        |    195881 | NS      | $2667899.22   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Dividend Interest & Premium Strategy Fund         | Virtus Dividend Interest & Premium Strategy Fund         | CUSIP: 92840R101<br>LEI: 549300535GECAFITZP67 | Long             | EC               | RF                | US        |     12815 | NS      | $154548.90    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Real Estate Opportunities and Income Fund | Cohen & Steers Real Estate Opportunities and Income Fund | CUSIP: 19249Q103<br>LEI: 549300ONH3DDNHP10S74 | Long             | EC               | RF                | US        |      1676 | NS      | $24653.96     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust High Yield Opportunities 2027 Term Fund      | First Trust High Yield Opportunities 2027 Term Fund      | CUSIP: 33741Q107<br>LEI: 549300VWTG40J7RZE994 | Long             | EC               | RF                | US        |     10989 | NS      | $161318.52    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Credit Allocation Income Trust                 | BlackRock Credit Allocation Income Trust                 | CUSIP: 092508100<br>LEI: WU48CSUCFTU86AQUYZ93 | Long             | EC               | RF                | US        |      1290 | NS      | $13777.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellsworth Growth and Income Fund Ltd                     | Ellsworth Growth and Income Fund Ltd                     | CUSIP: 289074106<br>LEI: 549300GYFOXHCDQTI772 | Long             | EC               | RF                | US        |    192128 | NS      | $1610032.64   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Kayne Anderson NextGen Energy & Infrastructure Inc       | Kayne Anderson NextGen Energy & Infrastructure Inc       | CUSIP: 48661E108<br>LEI: 549300MHDTCUZBV2Y068 | Long             | EC               | RF                | US        |     13548 | NS      | $108790.44    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Municipal Income Trust                               | MFS Municipal Income Trust                               | CUSIP: 552738106<br>LEI: GV4WN51HRTKYT6CV5890 | Long             | EC               | RF                | US        |       440 | NS      | $2288.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Pennsylvania Quality Fund            | BlackRock MuniYield Pennsylvania Quality Fund            | CUSIP: 09255G107<br>LEI: O1KCIUJBK2RN0MOX1Z59 | Long             | EC               | RF                | US        |       110 | NS      | $1257.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aberdeen Asia-Pacific Income Fund Inc                    | Aberdeen Asia-Pacific Income Fund Inc                    | CUSIP: 003009107<br>LEI: 549300J666ZH67203572 | Long             | EC               | RF                | US        |      2637 | NS      | $6908.94      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tortoise Energy Infrastructure Corp                      | Tortoise Energy Infrastructure Corp                      | CUSIP: 89147L886<br>LEI: 5493008P735YB22YPB89 | Long             | EC               | CORP              | US        |      2624 | NS      | $88008.96     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecofin Sustainable and Social                            | Ecofin Sustainable and Social                            | CUSIP: 27901F109<br>LEI: 549300JEEQF7C836SM26 | Long             | EC               | RF                | US        |    162175 | NS      | $2246123.75   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Strategic Credit Fund                         | Blackstone Strategic Credit Fund                         | CUSIP: 09257R101<br>LEI: 549300YESIF051NRED20 | Long             | EC               | RF                | US        |    120407 | NS      | $1326885.14   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Pennsylvania Quality Municipal Income Fund        | Nuveen Pennsylvania Quality Municipal Income Fund        | CUSIP: 670972108<br>LEI: 5493000C1CS4Q000GF67 | Long             | EC               | RF                | US        |     11443 | NS      | $130793.49    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance California Municipal Income Trust            | Eaton Vance California Municipal Income Trust            | CUSIP: 27826F101<br>LEI: 5493000EWT76UUJKIW67 | Long             | EC               | RF                | US        |     12224 | NS      | $122973.44    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge MLP & Midstream Total Return Fund Inc        | ClearBridge MLP & Midstream Total Return Fund Inc        | CUSIP: 18469Q207<br>LEI: 549300FO806NCJW4RO34 | Long             | EC               | RF                | US        |    187434 | NS      | $5774841.54   | 6.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Angel Oak Financial Strategies Income Term Trust         | Angel Oak Financial Strategies Income Term Trust         | CUSIP: 03464A100<br>LEI: 549300BL3JQL47QYUO51 | Long             | EC               | RF                | US        |     54857 | NS      | $713689.57    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Investment Grade Municipal Trust                     | MFS Investment Grade Municipal Trust                     | CUSIP: 59318B108<br>LEI: TQV30XJRB3S7V50XRW52 | Long             | EC               | RF                | US        |     91284 | NS      | $665916.78    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Thornburg Income Builder Opportunities Trust             | Thornburg Income Builder Opportunities Trust             | CUSIP: 885213108<br>LEI: 5493002O2SJJPEDP7413 | Long             | EC               | RF                | US        |     13779 | NS      | $199244.34    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Core Plus Impact Fund                             | Nuveen Core Plus Impact Fund                             | CUSIP: 67080D103<br>LEI: N/A                  | Long             | EC               | RF                | US        |    367744 | NS      | $4034151.68   | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Diversified Income Fund                    | Western Asset Diversified Income Fund                    | CUSIP: 95790K109<br>LEI: 549300M67UHXW4GHZ644 | Long             | EC               | RF                | US        |    148400 | NS      | $2019724.00   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Emerging Markets Fund/United States            | Templeton Emerging Markets Fund/United States            | CUSIP: 880191101<br>LEI: CZCIR4LW4R7Y5KBS5R36 | Long             | EC               | RF                | US        |      3479 | NS      | $42061.11     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Fund Inc/The/MD                                   | Taiwan Fund Inc/The/MD                                   | CUSIP: 874036106<br>LEI: N/A                  | Long             | EC               | RF                | US        |      7184 | NS      | $176008.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Science & Technology Trust II                  | BlackRock Science & Technology Trust II                  | CUSIP: 09260K101<br>LEI: 549300NQ3IL1NKVC9M67 | Long             | EC               | RF                | US        |       120 | NS      | $2066.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tortoise Pipeline & Energy Fund Inc                      | Tortoise Pipeline & Energy Fund Inc                      | CUSIP: 89148H207<br>LEI: 549300L8CO08RZOP4B19 | Long             | EC               | RF                | US        |      5540 | NS      | $158333.20    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Dynamic Credit Allocation Fund Inc                  | Ares Dynamic Credit Allocation Fund Inc                  | CUSIP: 04014F102<br>LEI: 549300BZI16VZUT2N044 | Long             | EC               | RF                | US        |     85500 | NS      | $1049085.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Center Coast Brookfield MLP & Energy Infrastructure Fund | Center Coast Brookfield MLP & Energy Infrastructure Fund | CUSIP: 151461209<br>LEI: 549300M8EZMVV1SP6N14 | Long             | EC               | RF                | US        |    146912 | NS      | $2662045.44   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen New Jersey Quality Municipal Income Fund          | Nuveen New Jersey Quality Municipal Income Fund          | CUSIP: 67069Y102<br>LEI: 5493006CFPL75HL16F31 | Long             | EC               | RF                | US        |      8924 | NS      | $104500.04    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Delaware Ivy High Income Opportunities Fund              | Delaware Ivy High Income Opportunities Fund              | CUSIP: 246107106<br>LEI: 549300C130E3EJZ8ZQ39 | Long             | EC               | RF                | US        |      9300 | NS      | $103416.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen New York AMT-Free Quality Municipal Income Fund   | Nuveen New York AMT-Free Quality Municipal Income Fund   | CUSIP: 670656107<br>LEI: 549300V4X2BF3UXSCQ58 | Long             | EC               | RF                | US        |     57354 | NS      | $608525.94    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Emerging Markets Domestic Debt Fund Inc   | Morgan Stanley Emerging Markets Domestic Debt Fund Inc   | CUSIP: 617477104<br>LEI: 541YGIXZ6JJP4EZDJI96 | Long             | EC               | RF                | US        |   1311158 | NS      | $5834653.10   | 6.26%             |  |  |  | No            |                  1 | On Loan: No      |
| New Ireland Fund Inc/The                                 | New Ireland Fund Inc/The                                 | CUSIP: 645673104<br>LEI: 549300HNB2YXNXXJQ174 | Long             | EC               | RF                | US        |     47261 | NS      | $438109.47    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock ESG Capital Allocation Trust                   | Blackrock ESG Capital Allocation Trust                   | CUSIP: 09262F100<br>LEI: 549300EWOI5G0PSVIX17 | Long             | EC               | RF                | US        |    870914 | NS      | $12488906.76  | 13.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Senior Income Trust                              | Invesco Senior Income Trust                              | CUSIP: 46131H107<br>LEI: 549300C38VE5Y5R75E56 | Long             | EC               | PF                | US        |      4000 | NS      | $15760.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Health Sciences Trust II                       | Blackrock Health Sciences Trust II                       | CUSIP: 09260E105<br>LEI: 549300FGMK4EGHSK8N86 | Long             | EC               | RF                | US        |        33 | NS      | $537.90       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Trust for Investment Grade New York Municipals   | Invesco Trust for Investment Grade New York Municipals   | CUSIP: 46131T101<br>LEI: FNS6N81D3V131ZZWNT79 | Long             | EC               | RF                | US        |       606 | NS      | $6441.78      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.              | CBOT 5 Year US Treasury Note                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -214 | NC      | $-72305.89    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon Municipal Income Inc                          | BNY Mellon Municipal Income Inc                          | CUSIP: 05589T104<br>LEI: 549300BKYDDROJTY1E24 | Long             | EC               | RF                | US        |      4695 | NS      | $31033.95     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer High Income Fund Inc                             | Pioneer High Income Fund Inc                             | CUSIP: 72369H106<br>LEI: GRH7C46DLKO4V5KVBT29 | Long             | EC               | RF                | US        |     19035 | NS      | $132864.30    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BrandywineGLOBAL Global Income Opportunities Fund Inc    | BrandywineGLOBAL Global Income Opportunities Fund Inc    | CUSIP: 10537L104<br>LEI: 549300P4CDQCJBGI0833 | Long             | EC               | RF                | US        |     72375 | NS      | $594198.75    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS High Income Municipal Trust                          | MFS High Income Municipal Trust                          | CUSIP: 59318D104<br>LEI: 0G9TCUWY2FBUXSJY2691 | Long             | EC               | RF                | US        |      7405 | NS      | $27176.35     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman New York Municipal Fund Inc             | Neuberger Berman New York Municipal Fund Inc             | CUSIP: 64124K102<br>LEI: 549300QBK683OL6H5P21 | Long             | EC               | RF                | US        |       793 | NS      | $7866.56      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Senior Income Fund                                | Nuveen Senior Income Fund                                | CUSIP: 67067Y104<br>LEI: KBG7JWT0F7S6ZY1KMU47 | Long             | EC               | RF                | US        |       273 | NS      | $1340.43      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen New York Quality Municipal Income Fund            | Nuveen New York Quality Municipal Income Fund            | CUSIP: 67066X107<br>LEI: 549300B795LQBEIHRS62 | Long             | EC               | RF                | US        |      5110 | NS      | $56005.60     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Innovation & Growth Trust                      | BlackRock Innovation & Growth Trust                      | CUSIP: 09260Q108<br>LEI: 549300G3XFQ7175KM723 | Long             | EC               | RF                | US        |     59180 | NS      | $444441.80    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman California Municipal Fund Inc           | Neuberger Berman California Municipal Fund Inc           | CUSIP: 64123C101<br>LEI: 5493003VDAWQHC3PB533 | Long             | EC               | RF                | US        |       620 | NS      | $6838.60      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| abrdn Emerging Markets Equity                            | abrdn Emerging Markets Equity                            | CUSIP: 00301W105<br>LEI: 549300MSYUW07RYUZD27 | Long             | EC               | RF                | US        |      5367 | NS      | $27532.71     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Global Infrastructure Total Return Fund Inc    | Macquarie Global Infrastructure Total Return Fund Inc    | CUSIP: 55608D101<br>LEI: NUJZT0OFFYGJKMCIDQ69 | Long             | EC               | RF                | US        |      9876 | NS      | $239493.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust/abrdn Emerging Opp                           | First Trust/abrdn Emerging Opp                           | CUSIP: 33731K102<br>LEI: 700UQMDEFIFKNKMN0L14 | Long             | EC               | RF                | US        |    112469 | NS      | $1074112.69   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Premier Municipal Income Fund           | Federated Hermes Premier Municipal Income Fund           | CUSIP: 31423P108<br>LEI: C0TUI5ZPEIY028NN4Q23 | Long             | EC               | RF                | US        |       137 | NS      | $1504.26      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GAMCO Natural Resources Gold & Income Trust              | GAMCO Natural Resources Gold & Income Trust              | CUSIP: 36465E101<br>LEI: 23EBEGZ81713Q1VCP222 | Long             | EC               | RF                | US        |         6 | NS      | $29.88        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Delaware Enhanced Global Dividend & Income Fund          | Delaware Enhanced Global Dividend & Income Fund          | CUSIP: 246060107<br>LEI: A2NJVV301U26XNED1002 | Long             | EC               | RF                | US        |     91680 | NS      | $708686.40    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman MLP & Energy Income Fund Inc            | Neuberger Berman MLP & Energy Income Fund Inc            | CUSIP: 64129H104<br>LEI: 549300P5ICT7WWGP8224 | Long             | EC               | RF                | US        |     22066 | NS      | $159095.86    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Intermediate Muni Fund Inc                 | Western Asset Intermediate Muni Fund Inc                 | CUSIP: 958435109<br>LEI: 5493000MG5MROBD48K57 | Long             | EC               | RF                | US        |     27024 | NS      | $208625.28    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs MLP Energy and Renaissance Fund            | Goldman Sachs MLP Energy and Renaissance Fund            | CUSIP: 38148G206<br>LEI: 5493002N1D5YCVFNA222 | Long             | EC               | RF                | US        |      1093 | NS      | $14908.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Capital Allocation Trust                       | Blackrock Capital Allocation Trust                       | CUSIP: 09260U109<br>LEI: 5493007LDARS47M53X11 | Long             | EC               | RF                | US        |    101090 | NS      | $1482990.30   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Real Asset Income and Growth Fund                 | Nuveen Real Asset Income and Growth Fund                 | CUSIP: 67074Y105<br>LEI: RQLXTE3CBG56EZF1BQ60 | Long             | EC               | RF                | US        |        76 | NS      | $928.72       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Municipal High Income Opportunities Fund Inc     | Pioneer Municipal High Income Opportunities Fund Inc     | CUSIP: 723760104<br>LEI: 5493005BKX8X756MKL25 | Long             | EC               | RF                | US        |    130109 | NS      | $1466328.43   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MainStay CBRE Global Infrastructure Megatrends Fund      | MainStay CBRE Global Infrastructure Megatrends Fund      | CUSIP: 56064Q107<br>LEI: 549300TWA0SUTWA4FE65 | Long             | EC               | RF                | US        |     24476 | NS      | $351964.88    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Convertible & Income Fund II                      | Virtus Convertible & Income Fund II                      | CUSIP: 92838U108<br>LEI: 549300VQWKOKLGOGUQ16 | Long             | EC               | RF                | US        |    289539 | NS      | $903361.68    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman Next Generation Connectivity Fund Inc   | Neuberger Berman Next Generation Connectivity Fund Inc   | CUSIP: 64133Q108<br>LEI: 549300GRTFKXVB9LQE61 | Long             | EC               | RF                | US        |    522541 | NS      | $5225410.00   | 5.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Ohio Quality Municipal Income Fund                | Nuveen Ohio Quality Municipal Income Fund                | CUSIP: 670980101<br>LEI: 549300YQTF12CXCN9E54 | Long             | EC               | RF                | US        |     53972 | NS      | $691381.32    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| PGIM Global High Yield Fund Inc                          | PGIM Global High Yield Fund Inc                          | CUSIP: 69346J106<br>LEI: F0ATD1Y4J8CHDKHSLD09 | Long             | EC               | RF                | US        |     45201 | NS      | $512127.33    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust/abrdn Global Oppor                           | First Trust/abrdn Global Oppor                           | CUSIP: 337319107<br>LEI: 2HCZRZBY990FDYBUS727 | Long             | EC               | RF                | US        |      1790 | NS      | $10525.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset High Income Opportunity Fund Inc           | Western Asset High Income Opportunity Fund Inc           | CUSIP: 95766K109<br>LEI: 549300S7N70O2ERKYG47 | Long             | EC               | RF                | US        |      1500 | NS      | $6090.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Global Equity Dividend and Premium Opportunity Fund | Voya Global Equity Dividend and Premium Opportunity Fund | CUSIP: 92912T100<br>LEI: 549300YJVN8KX08ZHI42 | Long             | EC               | RF                | US        |      9313 | NS      | $51500.89     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Delaware Investments National Municipal Income Fund      | Delaware Investments National Municipal Income Fund      | CUSIP: 24610T108<br>LEI: NIC7ULNUGCUI836YP119 | Long             | EC               | RF                | US        |    624509 | NS      | $7169363.32   | 7.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Emerging Markets Debt Fund Inc            | Morgan Stanley Emerging Markets Debt Fund Inc            | CUSIP: 61744H105<br>LEI: 879N34XPZOOCKFD26737 | Long             | EC               | RF                | US        |    337270 | NS      | $2239472.80   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Asia Pacific High Dividend Equity Income Fund       | Voya Asia Pacific High Dividend Equity Income Fund       | CUSIP: 92912J102<br>LEI: 549300GNK7F1VWTNPE94 | Long             | EC               | RF                | US        |      5534 | NS      | $34974.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust High Income Long/Short Fund                  | First Trust High Income Long/Short Fund                  | CUSIP: 33738E109<br>LEI: JUEVI6DHENZLPUBV7E49 | Long             | EC               | RF                | US        |    151286 | NS      | $1771559.06   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| abrdn Global Infrastructure In                           | abrdn Global Infrastructure In                           | CUSIP: 00326W106<br>LEI: 549300ZRYJVK3J3YXY67 | Long             | EC               | RF                | US        |     15316 | NS      | $280282.80    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NXG NextGen Infrastructure Income Fund                   | NXG NextGen Infrastructure Income Fund                   | CUSIP: 231647207<br>LEI: 549300MVVZW681ZGYD76 | Long             | EC               | RF                | US        |     60013 | NS      | $2552352.89   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Global Income Fund                             | Templeton Global Income Fund                             | CUSIP: 880198106<br>LEI: QU1AAXOSV5K4OVMXJP19 | Long             | EC               | RF                | US        |   2436198 | NS      | $10329479.52  | 11.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertical Capital Income Fund                             | Vertical Capital Income Fund                             | CUSIP: 92535C104<br>LEI: 549300LVMWHJGZNVXZ22 | Long             | EC               | RF                | US        |     99957 | NS      | $918065.06    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance New York Municipal Bond Fund                 | Eaton Vance New York Municipal Bond Fund                 | CUSIP: 27827Y109<br>LEI: 5493003LD9U89XVQ7W91 | Long             | EC               | RF                | US        |    382073 | NS      | $3495967.95   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Pennsylvania Value Municipal Income Trust        | Invesco Pennsylvania Value Municipal Income Trust        | CUSIP: 46132K109<br>LEI: 549300S5KHBL3XISY922 | Long             | EC               | RF                | US        |      1501 | NS      | $15145.09     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Guggenheim Active Allocation Fund/DE                     | Guggenheim Active Allocation Fund/DE                     | CUSIP: 40170T106<br>LEI: 549300WVFF2XZ68PVT94 | Long             | EC               | RF                | US        |       811 | NS      | $11370.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Municipal Partners Fund Inc                | Western Asset Municipal Partners Fund Inc                | CUSIP: 95766P108<br>LEI: 5493001Z97VQ69W5OH84 | Long             | EC               | RF                | US        |       835 | NS      | $10262.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock New York Municipal Income Trust                | BlackRock New York Municipal Income Trust                | CUSIP: 09248L106<br>LEI: PJKTUMDJPIZ89SB71052 | Long             | EC               | RF                | US        |        16 | NS      | $168.32       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

**Name of Applicant:** Exchange Listed Funds Trust

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** Chief Compliance Officer