# EDGAR Filing Document

**Accession Number:** 0002069687
**File Stem:** 0000894189-26-016209
**Filing Date:** 2026-5
**Character Count:** 19329
**Document Hash:** db98013fb03c9b5b74f0d40109509198
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-016209.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000894189-26-016209

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIS Trust
- **CENTRAL INDEX KEY:** 0002069687

**ORGANIZATION NAME:**
- **EIN:** 335026697
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24099
- **FILM NUMBER:** 261031216

**BUSINESS ADDRESS:**
- **STREET 1:** 8080 NORTH CENTRAL EXPRESSWAY
- **STREET 2:** STE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 480-295-7020

**MAIL ADDRESS:**
- **STREET 1:** 8080 NORTH CENTRAL EXPRESSWAY
- **STREET 2:** STE 1700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206

## Series and Classes Contracts Data

### FIS Faith Income ETF (Series ID: S000101711)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000271961 | FIS Faith Income ETF | FTHB            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **FIS Faith Income ETF** | **FIS Faith Income ETF** | **FIS Faith Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **CORPORATE BONDS - 34.2%** | **Par**  | **Value**  |
| **Beverages - 4.0%** | **Beverages - 4.0%** | **Beverages - 4.0%** |
|  Coca-Cola Co., 4.65%, 08/14/2034 | $160000 | $161132 |
| **Capital Markets - 4.4%** | **Capital Markets - 4.4%** | **Capital Markets - 4.4%** |
|  Morgan Stanley, 4.49% to 01/16/2031 then SOFR + 0.95%, 01/16/2032 | 180000 | 177026 |
| **Consumer Staples Distribution & Retail - 4.1%** | **Consumer Staples Distribution & Retail - 4.1%** | **Consumer Staples Distribution & Retail - 4.1%** |
|  Walmart, Inc., 4.90%, 04/28/2035 | 160000 | 162294 |
| **Diversified Financial Services - 4.4%** | **Diversified Financial Services - 4.4%** | **Diversified Financial Services - 4.4%** |
|  Nissan Motor Acceptance Co. LLC, 6.13%, 09/30/2030 <sup>(a)</sup> | 180000 | 173143 |
| **Oil, Gas & Consumable Fuels - 9.0%** | **Oil, Gas & Consumable Fuels - 9.0%** | **Oil, Gas & Consumable Fuels - 9.0%** |
|  Chevron USA, Inc., 4.69%, 04/15/2030 | 180000 | 182854 |
|  Valero Energy Corp., 6.63%, 06/15/2037 | 160000 | 175225 |
|  |  | 358079 |
| **Software - 3.7%** | **Software - 3.7%** | **Software - 3.7%** |
|  Microsoft Corp., 3.50%, 02/12/2035 | 160000 | 149042 |
| **Technology Hardware, Storage & Peripherals - 4.6%** | **Technology Hardware, Storage & Peripherals - 4.6%** | **Technology Hardware, Storage & Peripherals - 4.6%** |
|  Apple, Inc., 4.75%, 05/12/2035 | 180000 | 182975 |
| **TOTAL CORPORATE BONDS** (Cost $1,367,841) | **TOTAL CORPORATE BONDS** (Cost $1,367,841) | 1363691 |
| **REAL ESTATE INVESTMENT TRUSTS - PREFERRED - 5.3%** | **Shares**  | **Value**  |
| **Mortgage Real Estate Investment Trusts (REITs) - 5.3%** | **Mortgage Real Estate Investment Trusts (REITs) - 5.3%** |  |
|  MFA Financial, Inc., 8.88%, 02/15/2029 | 4000 | 99800 |
|  Rithm Capital Corp., Series C, 8.91% (3 mo. Term SOFR + 5.23%), Perpetual | 5000 | 113300 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - PREFERRED** (Cost $219,820) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - PREFERRED** (Cost $219,820) | 213100 |
| **REAL ESTATE INVESTMENT TRUSTS - COMMON - 4.3%** | **Shares**  | **Value**  |
| **Mortgage Real Estate Investment Trusts (REITs) - 4.3%** | **Mortgage Real Estate Investment Trusts (REITs) - 4.3%** |  |
| MFA Financial, Inc. | 10000 | 95800 |
| Rithm Capital Corp. | 8000 | 75840 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $171,450) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $171,450) | 171640 |
| **EXCHANGE TRADED FUNDS - 4.0%** | **Shares**  | **Value**  |
| Simplify MBS ETF | 3200 | 158272 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $156,992) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $156,992) | 158272 |
| **CONVERTIBLE BONDS - 3.9%** | **Par**  | **Value**  |
| **Software - 3.9%** | **Software - 3.9%** | **Software - 3.9%** |
|  Datadog, Inc., 0.00%, 12/01/2029 <sup>(b)</sup> | 160000 | 155240 |
| **TOTAL CONVERTIBLE BONDS** (Cost $160,831) | **TOTAL CONVERTIBLE BONDS** (Cost $160,831) | 155240 |
| **U.S. TREASURY SECURITIES - 3.7%** | **Par**  | **Value**  |
|  United States Treasury Note/Bond, 4.13%, 02/15/2036 | 150000 | 147668 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $146,346) | **TOTAL U.S. TREASURY SECURITIES** (Cost $146,346) | 147668 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **U.S. TREASURY BILLS - 34.9%** | **Par**  | **Value**  |
| 3.64%, 06/04/2026 <sup>(c)</sup> | 1400000 | 1391022 |
| **TOTAL U.S. TREASURY BILLS** (Cost $1,391,015) | **TOTAL U.S. TREASURY BILLS** (Cost $1,391,015) | 1391022 |
| **MONEY MARKET FUNDS - 9.3%** | **Shares**  | **Value**  |
| First American Treasury Obligations Fund - Class X, 3.59% <sup>(d)</sup> | 369093 | 369093 |
| **TOTAL MONEY MARKET FUNDS** (Cost $369,093) | **TOTAL MONEY MARKET FUNDS** (Cost $369,093) | 369093 |
| **TOTAL INVESTMENTS - 99.6% (**Cost $3,983,388**)** | **TOTAL INVESTMENTS - 99.6% (**Cost $3,983,388**)** | 3969726 |
| Other Assets in Excess of Liabilities - 0.4% | Other Assets in Excess of Liabilities - 0.4% | 17157 |
| **TOTAL NET ASSETS - 100.0%** |  | $3986883 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| LLC - Limited Liability Company |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate<br>|
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional
 investors. As of March 31, 2026, the value of these securities total $173,143 or 4.3% of the Fund's net assets.

(b) Zero coupon bonds make no periodic interest payments.

(c) The rate shown is the annualized yield as of March 31, 2026.

(d) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

#### FIS Faith Income ETF
Notes to Quarterly Schedule of Investments

March 31, 2026 (Unaudited)

#### Investment Valuation
The Fund discloses the fair value of their investments in a hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent of the Fund's (observable inputs) and (2) the Fund's own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows**:**

**• Level 1 —** Quoted prices in active markets for identical assets that the Fund's have the ability to access.

**• Level 2 —** Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

**• Level 3 —** Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund's investments as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets** | | | | |
| **Investments:** | | | | |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $1363691 | $– | $1363691 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Preferred | 213100 | – | – | 213100 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 171640 | – | – | 171640 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 158272 | – | – | 158272 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Bonds | – | 155240 | – | 155240 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 147668 | – | 147668 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills | – | 1391022 | – | 1391022 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 369093 | – | – | 369093 |
| **Total Investments** | $912105 | $3057621 | $– | $3969726 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

---

| | | |
|:---|:---|:---|
| **Allocation of Portfolio Holdings by Country as of March 31, 2026** | **Allocation of Portfolio Holdings by Country as of March 31, 2026** | **Allocation of Portfolio Holdings by Country as of March 31, 2026** |
| (% of Net Assets) | (% of Net Assets) | (% of Net Assets) |
| United States | $3969726 | 99.6% |
| Other Assets in Excess of Liabilities | 17157 | 0.4 |
|  | $**3986883** | 100.0<br> **%** |

---

---

| | | |
|:---|:---|:---|
| **Sector Classification as of March 31, 2026** | **Sector Classification as of March 31, 2026** | **Sector Classification as of March 31, 2026** |
| (% of Net Assets) | (% of Net Assets) | (% of Net Assets) |
| Financials | $734909 | 18.4% |
| Information Technology | 487257 | 12.2 |
| Energy | 358079 | 9.0 |
| Consumer Staples | 323426 | 8.1 |
| U.S. Treasury Securities | 1538690 | 38.6 |
| Money Market Funds | 369093 | 9.3 |
| Exchange Traded Funds | 158272 | 4.0 |
| Other Assets in Excess of Liabilities | 17157 | 0.4 |
|  | $**3986883** | 100.0<br> **%** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FIS Trust

- **b. Investment Company Act file number:** 811-24099

- **c. CIK number of Registrant:** 0002069687

- **d. LEI of Registrant:** 5299002GDS5FIQZ9R504

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

  - **Street Address 1:** 8080 North Central Expressway Suite 1700

  - **City:** Dallas

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75206

  - **Telephone number:** 480-295-7020

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

- **a. Name of Series:** FIS Faith Income ETF

- **b. EDGAR series identifier (if any):** S000101711

- **c. LEI of Series:** 529900XMCYZLNOEPWL02

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $3991244.85

**Total Liabilities:** $4361.81

**Net Assets:** $3986883.04

**Cash Not Reported:** $0.01

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 24.342874000000 | **1-Year:** 20.672669000000 | **5-Year:** 254.170511000000 | **10-Year:** 573.443791000000 | **30-Year:** 8.306937000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 22.381040000000 | **5-Year:** 82.223933000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000271961 |  |  | -0.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  |  |  |
| Month 2  |  |  |
| Month 3  | $-1617.35                | $-13662.19                                 |

**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 Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |    369093 | NS      | $369093.31    | 9.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA Financial Inc              | MFA Financial Inc                        | CUSIP: 55272X607<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EC               | CORP              | US        |     10000 | NS      | $95800.00     | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                        | CUSIP: 55272X706<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |      4000 | NS      | $99800.00     | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplify MBS ETF               | Simplify MBS ETF                         | CUSIP: 82889N525<br>LEI: 529900BTWVWYXPUFO805 | Long             | EC               | RF                | US        |      3200 | NS      | $158272.00    | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORP             | Valero Energy Corp                       | CUSIP: 91913YAL4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    160000 | PA      | $175224.74    | 4.40%             | 2037-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                | Chevron USA Inc                          | CUSIP: 166756BD7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    180000 | PA      | $182854.13    | 4.59%             | 2030-04-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp             | Rithm Capital Corp                       | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |      8000 | NS      | $75840.00     | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                       | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      5000 | NS      | $113300.00    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC                    | Datadog Inc                              | CUSIP: 23804LAD5<br>LEI: 549300F6JNO0KRPO1K63 | Long             | DBT              | CORP              | US        |    160000 | PA      | $155240.00    | 3.89%             | 2029-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                           | CUSIP: 61748UAS1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    180000 | PA      | $177025.51    | 4.44%             | 2032-01-16      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE        | Nissan Motor Acceptance Co LLC           | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    180000 | PA      | $173143.08    | 4.34%             | 2030-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill              | CUSIP: 912797SX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1391021.42   | 34.89%            | 2026-06-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                      | Apple Inc                                | CUSIP: 037833FB1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    180000 | PA      | $182975.43    | 4.59%             | 2035-05-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                 | Microsoft Corp                           | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    160000 | PA      | $149042.42    | 3.74%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WALMART INC                    | Walmart Inc                              | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162293.71    | 4.07%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond         | CUSIP: 91282CPZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    150000 | PA      | $147667.97    | 3.70%             | 2036-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE               | Coca-Cola Co/The                         | CUSIP: 191216DY3<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161132.24    | 4.04%             | 2034-08-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** FIS Trust

**Signature:** /s/ Josh Hunter

**Name of Signer:** Josh Hunter

**Title:** Treasurer