# EDGAR Filing Document

**Accession Number:** 0002071107
**File Stem:** 0000894189-25-014143
**Filing Date:** 2025-11
**Character Count:** 21915
**Document Hash:** 19c87ec85b3cec2817fe2c7cc793eaa7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-014143.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0000894189-25-014143

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Thrive Series Trust
- **CENTRAL INDEX KEY:** 0002071107

**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:** 811-24093
- **FILM NUMBER:** 251506043

**BUSINESS ADDRESS:**
- **STREET 1:** 223 WILMINGTON WEST CHESTER PIKE
- **STREET 2:** SUITE 216
- **CITY:** CHADDS FORD
- **STATE:** PA
- **ZIP:** 19317
- **BUSINESS PHONE:** 610-558-1750

**MAIL ADDRESS:**
- **STREET 1:** 223 WILMINGTON WEST CHESTER PIKE
- **STREET 2:** SUITE 216
- **CITY:** CHADDS FORD
- **STATE:** PA
- **ZIP:** 19317

## Series and Classes Contracts Data

### Prospera Income ETF (Series ID: S000094663)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000263198 | Prospera Income ETF | THRV            |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Prospera Income ETF** | **Prospera Income ETF** | **Prospera Income ETF** | **Prospera Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **EXCHANGE TRADED FUNDS - 73.6%** | **EXCHANGE TRADED FUNDS - 73.6%** | **Shares** | **Value**  |
| Global X US Preferred ETF | Global X US Preferred ETF | 318 | $6179 |
| iShares 0-3 Month Treasury Bond ETF | iShares 0-3 Month Treasury Bond ETF | 1238 | 124667 |
| iShares 0-5 Year High Yield Corporate Bond ETF | iShares 0-5 Year High Yield Corporate Bond ETF | 1226 | 53086 |
| iShares 10+ Year Investment Grade Corporate Bond ETF | iShares 10+ Year Investment Grade Corporate Bond ETF | 120 | 6185 |
| iShares Broad USD High Yield Corporate Bond ETF | iShares Broad USD High Yield Corporate Bond ETF | 496 | 18739 |
| iShares Core High Dividend ETF | iShares Core High Dividend ETF | 196 | 24000 |
| NEOS Nasdaq-100 Hedged Equity Income ETF | NEOS Nasdaq-100 Hedged Equity Income ETF | 230 | 12511 |
| ProShares Investment Grade-Interest Rate Hedged ETF | ProShares Investment Grade-Interest Rate Hedged ETF | 788 | 62252 |
| Simplify High Yield ETF | Simplify High Yield ETF | 1366 | 31295 |
| SPDR Bloomberg Emerging Markets USD Bond ETF | SPDR Bloomberg Emerging Markets USD Bond ETF | 246 | 6197 |
| Strive Enhanced Income Short Maturity ETF | Strive Enhanced Income Short Maturity ETF | 3218 | 65261 |
| Templeton Emerging Markets Income Fund | Templeton Emerging Markets Income Fund | 1022 | 6336 |
| VanEck Emerging Markets High Yield Bond ETF | VanEck Emerging Markets High Yield Bond ETF | 310 | 6215 |
| VanEck International High Yield Bond ETF | VanEck International High Yield Bond ETF | 282 | 6241 |
| VanEck Preferred Securities ex Financials ETF | VanEck Preferred Securities ex Financials ETF | 348 | 6184 |
| Virtus InfraCap US Preferred Stock ETF | Virtus InfraCap US Preferred Stock ETF | 1136 | 24663 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $460,339) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $460,339) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $460,339) | 460011 |
| **CLOSED-END FUNDS - 29.2%** | **CLOSED-END FUNDS - 29.2%** | **Shares** | **Value**  |
| abrdn Income Credit Strategies Fund | abrdn Income Credit Strategies Fund | 2152 | 12482 |
| BlackRock Corporate High Yield Fund, Inc. | BlackRock Corporate High Yield Fund, Inc. | 662 | 6289 |
| BlackRock Technology and Private Equity Term Trust | BlackRock Technology and Private Equity Term Trust | 1874 | 12556 |
| Blackstone Strategic Credit 2027 Term Fund | Blackstone Strategic Credit 2027 Term Fund | 1540 | 18742 |
| Brookfield Real Assets Income Fund, Inc. | Brookfield Real Assets Income Fund, Inc. | 1400 | 18704 |
| Calamos Convertible Opportunities and Income Fund | Calamos Convertible Opportunities and Income Fund | 584 | 6301 |
| Eaton Vance Tax Managed Global Buy Write Opportunities Fund | Eaton Vance Tax Managed Global Buy Write Opportunities Fund | 696 | 6299 |
| First Trust High Yield Opportunities 2027 Term Fund | First Trust High Yield Opportunities 2027 Term Fund | 858 | 12432 |
| Highland Opportunities and Income Fund | Highland Opportunities and Income Fund | 1938 | 12306 |
| Invesco Municipal Trust | Invesco Municipal Trust | 1244 | 12005 |
| Invesco Trust for Investment Grade New York Municipals | Invesco Trust for Investment Grade New York Municipals | 1302 | 14348 |
| Neuberger Berman Real Estate Securities Income Fund, Inc. | Neuberger Berman Real Estate Securities Income Fund, Inc. | 1952 | 6305 |
| Nuveen Core Plus Impact Fund | Nuveen Core Plus Impact Fund | 1712 | 18849 |
| Virtus Total Return Fund, Inc. | Virtus Total Return Fund, Inc. | 984 | 6347 |
| Western Asset Emerging Markets Debt Fund, Inc. | Western Asset Emerging Markets Debt Fund, Inc. | 1842 | 19009 |
| **TOTAL CLOSED-END FUNDS** (Cost $182,472) | **TOTAL CLOSED-END FUNDS** (Cost $182,472) | **TOTAL CLOSED-END FUNDS** (Cost $182,472) | 182974 |
| **TOTAL INVESTMENTS - 102.8% (**Cost $642,811**)** | **TOTAL INVESTMENTS - 102.8% (**Cost $642,811**)** | **TOTAL INVESTMENTS - 102.8% (**Cost $642,811**)** | 642985 |
| Liabilities in Excess of Other Assets - (2.8)% | Liabilities in Excess of Other Assets - (2.8)% | Liabilities in Excess of Other Assets - (2.8)% | (17809) |
| **TOTAL NET ASSETS - 100.0%** | 0.0% | 0.0% | $625176 |
| two | two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

------

#### Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)
Prospera Income ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | $460011 | $– | $– | $460011 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Closed-End Funds | 182974 | – | – | 182974 |
| Total Investments | $642985 | $– | $– | $642985 |
| 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 as of September 30, 2025** |
| (% of Net Assets) |

---

---

| | | |
|:---|:---|:---|
| Exchange Traded Funds | $460011 | 73.6% |
| Closed-End Funds | 182974 | 29.2 |
| Liabilities in Excess of Other Assets | (17809) | (2.8) |
|  | **625176** | 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:** Thrive Series Trust

- **b. Investment Company Act file number:** 811-24093

- **c. CIK number of Registrant:** 0002071107

- **d. LEI of Registrant:** 529900ODPUDT6NC61J41

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

  - **Street Address 1:** 223 Wilmington West Chester Pike

  - **City:** Chaddds Ford

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19317

  - **Telephone number:** 6105881750

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

- **a. Name of Series:** Prospera Income ETF

- **b. EDGAR series identifier (if any):** S000094663

- **c. LEI of Series:** 5299003FQ43X8A0PL038

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $1267985.18

**Total Liabilities:** $642809.04

**Net Assets:** $625176.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000263198 | 0.00%                | 0.00%                | 0.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $174.36                                    |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Highland Opportunities and Inc | Highland Opportunities and Income Fund                      | CUSIP: 43010E404<br>LEI: 254900CMUE9FRYL2UR80 | Long             | EC               | RF                | US        |      1938 | NS      | $12306.30     | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Emerging Markets High Y | VanEck Emerging Markets High Yield Bond ETF                 | CUSIP: 92189F353<br>LEI: 5493000XZY6IPF1JRM25 | Long             | EC               | RF                | US        |       310 | NS      | $6215.50      | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck International High Yiel | VanEck International High Yield Bond ETF                    | CUSIP: 92189F445<br>LEI: 54930026GNBH8MZ88E94 | Long             | EC               | RF                | US        |       282 | NS      | $6240.66      | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Trust for Investment G | Invesco Trust for Investment Grade New York Municipals      | CUSIP: 46131T101<br>LEI: FNS6N81D3V131ZZWNT79 | Long             | EC               | RF                | US        |      1302 | NS      | $14348.04     | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Emerging Markets | Western Asset Emerging Markets Debt Fund Inc                | CUSIP: 95766A101<br>LEI: 549300F68574RU1BKP84 | Long             | EC               | RF                | US        |      1842 | NS      | $19009.44     | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| abrdn Income Credit Strategies | abrdn Income Credit Strategies Fund                         | CUSIP: 003057106<br>LEI: JZ9OXI4GGKZDI84RNQ78 | Long             | EC               | RF                | US        |      2152 | NS      | $12481.60     | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Strategic Credit 20 | Blackstone Strategic Credit 2027 Term Fund                  | CUSIP: 09257R101<br>LEI: 549300YESIF051NRED20 | Long             | EC               | RF                | US        |      1540 | NS      | $18741.80     | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Calamos Convertible Opportunit | Calamos Convertible Opportunities and Income Fund           | CUSIP: 128117108<br>LEI: 549300ZBRGRX6VMFJ315 | Long             | EC               | RF                | US        |       584 | NS      | $6301.36      | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Broad USD High Yield C | iShares Broad USD High Yield Corporate Bond ETF             | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             | EC               | RF                | US        |       496 | NS      | $18738.88     | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg Emerging Market | SPDR Bloomberg Emerging Markets USD Bond ETF                | CUSIP: 78468R515<br>LEI: 549300AVS7LIKUSJG639 | Long             | EC               | RF                | US        |       246 | NS      | $6197.45      | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplify High Yield ETF        | Simplify High Yield ETF                                     | CUSIP: 82889N830<br>LEI: 5493008E96H37SFV0515 | Long             | EC               | RF                | US        |      1366 | NS      | $31295.06     | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust High Yield Opportu | First Trust High Yield Opportunities 2027 Term Fund         | CUSIP: 33741Q107<br>LEI: 549300VWTG40J7RZE994 | Long             | EC               | RF                | US        |       858 | NS      | $12432.42     | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Tax Managed Global | Eaton Vance Tax Managed Global Buy Write Opportunities Fund | CUSIP: 27829C105<br>LEI: 549300YMO6N2TLCMXO54 | Long             | EC               | RF                | US        |       696 | NS      | $6298.80      | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core High Dividend ETF | iShares Core High Dividend ETF                              | CUSIP: 46429B663<br>LEI: 549300M7WVLJWAVPDO86 | Long             | EC               | RF                | US        |       196 | NS      | $24000.20     | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Core Plus Impact Fund   | Nuveen Core Plus Impact Fund                                | CUSIP: 67080D103<br>LEI: 549300N1H1AJ1P7VEI64 | Long             | EC               | RF                | US        |      1712 | NS      | $18849.12     | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Corporate High Yield | BlackRock Corporate High Yield Fund Inc                     | CUSIP: 09255P107<br>LEI: 97ZR60BLU36N5VJMH054 | Long             | EC               | RF                | US        |       662 | NS      | $6289.00      | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Real Assets Income  | Brookfield Real Assets Income Fund Inc                      | CUSIP: 112830104<br>LEI: 5493007NX94W3HSQTJ60 | Long             | EC               | RF                | US        |      1400 | NS      | $18704.00     | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X US Preferred ETF      | Global X US Preferred ETF                                   | CUSIP: 37954Y657<br>LEI: 5493002F5H3KM07K2Y09 | Long             | EC               | RF                | US        |       318 | NS      | $6178.74      | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Municipal Trust        | Invesco Municipal Trust                                     | CUSIP: 46131J103<br>LEI: GKS5Y4B1VKHV66WSPK53 | Long             | EC               | RF                | US        |      1244 | NS      | $12004.60     | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman Real Estate S | Neuberger Berman Real Estate Securities Income Fund Inc     | CUSIP: 64190A103<br>LEI: 549300WU72ZN21PNWQ56 | Long             | EC               | RF                | US        |      1952 | NS      | $6304.96      | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Investment Grade-Int | ProShares Investment Grade-Interest Rate Hedged ETF         | CUSIP: 74347B607<br>LEI: 549300QI16S9YVH36114 | Long             | EC               | RF                | US        |       788 | NS      | $62252.00     | 9.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Technology and Priva | BlackRock Technology and Private Equity Term Trust          | CUSIP: 09260Q108<br>LEI: 549300G3XFQ7175KM723 | Long             | EC               | RF                | US        |      1874 | NS      | $12555.80     | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 0-3 Month Treasury Bon | iShares 0-3 Month Treasury Bond ETF                         | CUSIP: 46436E718<br>LEI: 549300L2T50TTT4U6186 | Long             | EC               | RF                | US        |      1238 | NS      | $124666.60    | 19.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Emerging Markets Inc | Templeton Emerging Markets Income Fund                      | CUSIP: 880192109<br>LEI: HM42X4Y58XQ0M2JYZW07 | Long             | EC               | RF                | US        |      1022 | NS      | $6336.40      | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Strive Enhanced Income Short M | Strive Enhanced Income Short Maturity ETF                   | CUSIP: 02072L441<br>LEI: 5493000HC7HNRBCTST54 | Long             | EC               | RF                | US        |      3218 | NS      | $65261.04     | 10.44%            |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Preferred Securities ex | VanEck Preferred Securities ex Financials ETF               | CUSIP: 92189F429<br>LEI: 549300FG65WTEVMEFQ32 | Long             | EC               | RF                | US        |       348 | NS      | $6183.96      | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Total Return Fund Inc   | Virtus Total Return Fund Inc                                | CUSIP: 92835W107<br>LEI: 549300KKRHI4GF7RNQ81 | Long             | EC               | RF                | US        |       984 | NS      | $6346.80      | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus InfraCap US Preferred S | Virtus InfraCap US Preferred Stock ETF                      | CUSIP: 26923G822<br>LEI: 549300MWBLUUH494LE10 | Long             | EC               | RF                | US        |      1136 | NS      | $24662.56     | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 10+ Year Investment Gr | iShares 10+ Year Investment Grade Corporate Bond ETF        | CUSIP: 464289511<br>LEI: 5493002XJCHL78PKW767 | Long             | EC               | RF                | US        |       120 | NS      | $6184.80      | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 0-5 Year High Yield Co | iShares 0-5 Year High Yield Corporate Bond ETF              | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |      1226 | NS      | $53085.80     | 8.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NEOS Nasdaq-100 Hedged Equity  | NEOS Nasdaq-100 Hedged Equity Income ETF                    | CUSIP: 78433H576<br>LEI: 529900NAYTYCMZOADD22 | Long             | EC               | RF                | US        |       230 | NS      | $12511.49     | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-21

**Name of Applicant:** Thrive Series Trust

**Signature:** /s/ Kris Wild

**Name of Signer:** Kris Wild

**Title:** Chief Investment Officer