# EDGAR Filing Document

**Accession Number:** 0001810747
**File Stem:** 0000940400-26-021302
**Filing Date:** 2026-5
**Character Count:** 26037
**Document Hash:** 0b38064029508cdc1cb99d790cbed003
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021302.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000940400-26-021302

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Simplify Exchange Traded Funds
- **CENTRAL INDEX KEY:** 0001810747

**ORGANIZATION NAME:**
- **EIN:** 851887571
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23570
- **FILM NUMBER:** 261023888

**BUSINESS ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038
- **BUSINESS PHONE:** 646-741-2438

**MAIL ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038

## Series and Classes Contracts Data

### Simplify National Muni Bond ETF (Series ID: S000085698)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000251042 | Simplify National Muni Bond ETF |  |

## Nport-Ex

#### Simplify

#### National

#### Muni

#### Bond

#### ETF

#### Schedule

#### of

#### Investments
March

31, 2026

(Unaudited)

#### Principal

#### Value

#### Municipal

#### Bonds

#### –

#### 91.6%

#### California

#### –

#### 10.5%
Airport

Commission

of

The

City

and

County

of

San

Francisco

San

Francisco

International

Airport

Second

Series

RB,

Series

2025D

(AMT),

5.25%,

5/1/2055

..................

$

1,500,000

$

1,547,080

Airport

Commission

of

The

City

and

County

of

San

Francisco

San

Francisco

International

Airport

Second

Series

RB,

Series

2025D

(AMT),

5.50%,

5/1/2055

..................

1,500,000

1,584,572

State

of

California

GO

Bonds

Various

Purpose

GO

Bonds,

5.25%,

10/1/2051

...........

1,500,000

1,608,451

4,740,103

#### Florida

#### –

#### 11.2%
Florida

Department

of

Transportation

Florida

Turnpike

RB,

Series

2024B,

4.00%,

7/1/2051

1,000,000

901,842

Hillsborough

County

Industrial

Development

Authority

Health

System

RB

Baycare

Health

System

Series

2024C,

5.50%,

11/15/2054

.....................................

2,000,000

2,105,830

Jea

Water

and

Sewer

System

RB,

Series

A

2025,

5.25%,

10/1/2055

..................

1,000,000

1,046,813

Miami-Dade

County

Florida

Water

and

Sewer

System

RB,

Series

2025A,

5.00%,

10/1/2055

1,000,000

1,025,191

5,079,676

#### Illinois

#### –

#### 5.7%
City

of

Chicago

Chicago

O'Hare

International

Airport

General

Airport

Senior

Lien

RB,

Series

2026A

(NON-AMT),

5.25%,

1/1/2056

.........................................

1,500,000

1,551,953

City

of

Chicago

Chicago

O'Hare

International

Airport

General

Airport

Senior

Lien

RB,

Series

2026A

(NON-AMT),

5.25%,

1/1/2061

.........................................

1,000,000

1,031,617

2,583,570

#### Massachusetts

#### –

#### 3.0%
Massachusetts

Clean

Water

Trust

State

Revolving

Fund

Bonds

Series

27,

5.00%,

2/1/2056

1,310,000

1,365,607

#### Nevada

#### –

#### 4.6%
Las

Vegas

Valley

Water

District

Nevada

GO

Limited

Tax

Additionally

Secured

by

Snwa

Pledged

Revenues

Water

Improvement

Bonds,

Series

2025A,

5.25%,

6/1/2055

.......

2,000,000

2,096,415

#### New

#### Jersey

#### –

#### 3.4%
New

Jersey

Transportation

Trust

Fund

Authority

Transportation

Program

Bonds,

2025

Series

AA,

5.00%,

6/15/2055

...............................................

1,500,000

1,528,941

#### New

#### York

#### –

#### 14.4%
Dormitory

Authority

of

The

State

of

New

York

State

Personal

Income

Tax

RB

General

Purpose,

Series

2026A

(Tax-Exempt),

5.00%,

3/15/2053

..........................

1,590,000

1,631,082

New

York

City

Municipal

Water

Finance

Authority

Water

and

Sewer

System

Second

General

Resolution

RB

Fiscal

2026

Series

BB,

5.50%,

6/15/2056

..................

1,000,000

1,071,628

New

York

City

Transitional

Finance

Authority

Future

Tax

Secured

Subordinate

Bonds,

Fiscal

2022

Series

B,

3.00%,

8/1/2048

.............................................

3,000,000

2,222,202

Triborough

Bridge

and

Tunnel

Authority

MTA

Bridges

and

Tunnels

General

RB,

Series

2024A-1,

4.00%,

11/15/2054

................................................

1,000,000

876,455

Triborough

Bridge

and

Tunnel

Authority

MTA

Bridges

and

Tunnels

Payroll

Mobility

Tax

Senior

Lien

Bonds,

Series

2021C-3,

3.00%,

5/15/2051

...........................

1,000,000

734,084

6,535,451

#### North

#### Carolina

#### –

#### 4.4%
North

Carolina

Turnpike

Authority

Triangle

Expressway

System

Senior

Lien

Turnpike

Revenue

Bonds,

Series

2024A,

5.00%,

1/1/2058(a)

.............................

2,000,000

2,000,961

#### Tennessee

#### –

#### 9.7%
Metropolitan

Nashville

Airport

Authority

Airport

Improvement

RB,

Series

2026A,

5.00%,

7/1/2051

................................................................

1,750,000

1,809,854

Metropolitan

Nashville

Airport

Authority

Airport

Improvement

RB,

Series

2026A,

5.00%,

7/1/2056

................................................................

1,000,000

1,023,080

The

Metropolitan

Government

of

Nashville

and

Davidson

County

Tennessee

Water

and

Sewer

Revenue

Refunding

and

Improvement

Bonds,

Series

2025,

5.25%,

7/1/2055

....

1,500,000

1,561,113

4,394,047

#### Simplify

#### National

#### Muni

#### Bond

#### ETF

#### Schedule

#### of

#### Investments
(Continued)

March

31, 2026

(Unaudited)

#### Principal

#### Value

#### Municipal

#### Bonds
(continued)

#### Texas

#### –

#### 21.8%
Dallas

Independent

School

District

A

Political

Subdivision

of

The

State

of

Texas

Located

in

Dallas

County

Texas

Unlimited

Tax

School

Building

Bonds,

Series

2026A,

5.00%,

2/15/2056

...............................................................

$

1,000,000

$

1,018,619

Georgetown

Independent

School

District

a

Political

Subdivision

of

the

State

of

Texas

Located

in

Williamson

County

Unlimited

Tax

School

Building

and

Refunding

Bonds

Series

2025,

5.25%,

2/15/2055

...................................................

2,000,000

2,092,644

Lamar

Consolidated

Independent

School

District

Fort

Bend

County

Texas

Unlimited

Tax

Schoolhouse

Bonds,

Series

2026,

5.00%,

2/15/2056

.............................

2,000,000

2,053,014

New

Caney

Independent

School

District

A

Political

Subdivision

of

The

State

of

Texas

Located

in

Montgomery

and

Harris

Counties

Texas

Unlimited

Tax

School

Building

Bonds,

Series

2024,

4.00%,

2/15/2054

..............................................

1,000,000

899,706

Northwest

Independent

School

District

Denton

Tarrant

and

Wise

Counties

Texas

Unlimited

Tax

School

Building

Bonds,

Series

2025,

5.00%,

2/15/2055(a)

.....................

1,500,000

1,542,429

Prosper

Independent

School

District

A

Political

Subdivision

of

The

State

of

Texas

Located

in

Collin

and

Denton

CountiesTexas

Unlimited

Tax

School

Building

Bonds,

Series

2024,

4.00%,

2/15/2054

........................................................

1,500,000

1,317,617

Texas

Water

Development

Board

State

Water

Implementation

Revenue

Fund

For

Texas

Reseve

Bonds,

Series

2024A,

4.38%,

10/15/2059

...............................

1,000,000

937,188

9,861,217

#### Washington

#### –

#### 2.9%
The

City

of

Seattle

Washington

Municipal

Light

and

Power

Improvement

and

Refunding

RB,

2025,

5.25%,

2/1/2055

....................................................

1,250,000

1,312,109

Total

Municipal

Bonds

(Cost

$41,877,941)

...........................................

41,498,097

#### Shares

#### Money

#### Market

#### Fund

#### –

#### 7.5%
Dreyfus

Treasury

Obligations

Cash

Management

Fund,

Institutional

Shares,

3.54%(b)

(Cost

$3,386,286)

........................................................

3,386,286

3,386,286

#### Number

#### of

#### Contracts

#### Notional

#### Amount

#### Purchased

#### Options

#### –

#### 0.0%†

#### Calls

#### –

#### Exchange-Traded

#### –

#### 0.0%†
S&P

500

Index,

April

Strike

Price

$7,350,

Expires

4/01/26

...............

16,170,000

S&P

500

Index,

April

Strike

Price

$7,200,

Expires

4/17/26

...............

5,760,000

S&P

500

Index,

April

Strike

Price

$7,275,

Expires

4/17/26

...............

13,822,500

855

S&P

500

Index,

April

Strike

Price

$7,380,

Expires

4/17/26

...............

5,904,000

S&P

500

Index,

June

Strike

Price

$7,300,

Expires

6/18/26

...............

7,300,000

9,500

11,165

Total

Purchased

Options

(Cost

$198,551)

.............................................

11,165

Total

Investments

–

99.1%

(Cost

$45,462,778)

.............................................................

$

44,895,548

Other

Assets

in

Excess

of

Liabilities

–

0.9%

............................................

406,263

#### Net

#### Assets

#### –

#### 100.0%

#### .............................................................

#### $

#### 45,301,811
†

Less

than

0.05%

(a) Securities

with

an

aggregate

market

value

of

$3,026,570

have

been

pledged

as

collateral

for

options

as

of

March

31,

2026. (b) Rate

shown

reflects

the

7-day

yield

as

of

March

31,

2026. #### Simplify

#### National

#### Muni

#### Bond

#### ETF

#### Schedule

#### of

#### Investments
(Continued)

March

31, 2026

(Unaudited)

#### Portfolio

#### Abbreviations:
AMT

:

Alternative

Minimum

Tax

(subject

to)

RB

:

Revenue

Bond

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Simplify Exchange Traded Funds

- **b. Investment Company Act file number:** 811-23570

- **c. CIK number of Registrant:** 0001810747

- **d. LEI of Registrant:** 549300LDDEMEUCZQEO55

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

  - **Street Address 1:** 10845 Griffith Peak Drive

  - **City:** Las Vegas

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89135

  - **Telephone number:** (702) 389-9705

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

- **a. Name of Series:** Simplify National Muni Bond ETF

- **b. EDGAR series identifier (if any):** S000085698

- **c. LEI of Series:** 529900353K7RNME76302

**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:** $45321291.55

**Total Liabilities:** $19480.47

**Net Assets:** $45301811.08

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 44943.02197000 | **30-Year:** 5636.22147000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251042 | -0.54%               | 0.82%                | -2.12%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $203066.03               | $-399057.95                                |
| Month 2  | $118919.24               | $419682.83                                 |
| Month 3  | $75117.37                | $-997122.95                                |

**Designated Index Information**

- **Index Name:** Self Reference

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MASSACHUSETTS ST CLEAN WTR TR                    | MA MASWTR 5 02/01/2056      | CUSIP: 575829QH2<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1365607.14   | 3.01%             | 2056-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DREYFUS TRSY OBLIG CASH M                        | DREYFUS TRSY OBLIG CASH M   | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3386286 | NS      | $3386285.81   | 7.47%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                 | SPXW E 2026-04-17 CALL 7275 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        16 | NC      | $720.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO O'HARE INTERNATIONAL AIRPORT (IL)        | IL CHITRN 5.25 01/01/2056   | CUSIP: 167591CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1551953.70   | 3.43%             | 2056-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                 | SPXW E 2026-04-17 CALL 7200 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |         8 | NC      | $440.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                          | NC NCSTRN 5 01/01/2058      | CUSIP: 65830RDA4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000960.60   | 4.42%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS VALLEY NEV WTR DIST                    | NV LVVWTR 5.25 06/01/2055   | CUSIP: 517845TK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2096414.80   | 4.63%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEATTLE WASH                                     | WA SEAPWR 5.25 02/01/2055   | CUSIP: 812643F33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1312108.50   | 2.90%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                 | SPXW E 2026-03-31 CALL 7350 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        22 | NC      | $110.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIBOROUGH BRDG & TUNL AUTH N Y                  | NY TRBTRN 4 11/15/2054      | CUSIP: 89602RLU7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $876455.10    | 1.93%             | 2054-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN TEX INDPT SCH DIST                    | TX GGTSCD 5.25 02/15/2055   | CUSIP: 373046J69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2092644.40   | 4.62%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE ARPT AUTH TENN            | TN MNVAPT 5 07/01/2051      | CUSIP: 592190RY0<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1809854.03   | 4.00%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                              | FL MIAUTL 5 10/01/2055      | CUSIP: 59334DQP2<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025191.10   | 2.26%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX INDPT SCH DIST                        | TX DALSCD 5 02/15/2056      | CUSIP: 235308X99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018618.90   | 2.25%             | 2056-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAMAR TEX CONS INDPT SCH DIST                    | TX LAMSCD 5 02/15/2056      | CUSIP: 513174V74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053014.00   | 4.53%             | 2056-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                  | NJ NJSTRN 5 06/15/2055      | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528940.70   | 3.38%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE ARPT AUTH TENN            | TN MNVAPT 5 07/01/2056      | CUSIP: 592190RZ7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023079.90   | 2.26%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                 | SPXW E 2026-04-17 CALL 7380 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |         8 | NC      | $260.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO ILL O HARE INTL ARPT                     | IL CHITRN 5.25 01/01/2061   | CUSIP: 167591CK0<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031616.80   | 2.28%             | 2061-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTHWEST INDEPENDENT SCHOOL DISTRICT (TX)       | TX NWTSCD 5 02/15/2055      | CUSIP: 667826HF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1542428.70   | 3.40%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA STATE TURNPIKE AUTHORITY (FL)            | FL FLSTRN 4 07/01/2051      | CUSIP: 343137TF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $901841.60    | 1.99%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                            | NY NYSGEN 5 03/15/2053      | CUSIP: 64990KKR3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1631081.47   | 3.60%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN      | CA SFOAPT 5.5 05/01/2055    | CUSIP: 79766DXZ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1584571.95   | 3.50%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                 | SPXW E 2026-06-18 CALL 7300 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        10 | NC      | $9500.00      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLSBOROUGH CNTY FLA INDL DEV AUTH              | FL HILMEC 5.5 11/15/2054    | CUSIP: 43233KAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2105830.40   | 4.65%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROSPER INDEPENDENT SCHOOL DISTRICT (TX)         | TX PSPSCD 4 02/15/2054      | CUSIP: 7436003S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1317617.40   | 2.91%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN | TN METUTL 5.25 07/01/2055   | CUSIP: 5920983R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1561113.30   | 3.45%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                    | CA CAS 5.25 10/01/2051      | CUSIP: 13063ESR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1608451.35   | 3.55%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH          | NY NYCGEN 3 08/01/2048      | CUSIP: 64971XG51<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2222202.00   | 4.91%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW CANEY INDEPENDENT SCHOOL DISTRICT (TX)       | TX NWCSCD 4 02/15/2054      | CUSIP: 643154LA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899705.70    | 1.99%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH               | NY NYCUTL 5.5 06/15/2056    | CUSIP: 64972GT38<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071627.90   | 2.37%             | 2056-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN      | CA SFOAPT 5.25 05/01/2055   | CUSIP: 79766DYA1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1547080.05   | 3.42%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JEA FLA WATER & SEWER SYSTEM REV                 | FL JACUTL 5.25 10/01/2055   | CUSIP: 46615SGL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046813.10   | 2.31%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD (TX)               | TX TXSWTR 4.38 10/15/2059   | CUSIP: 88285AGC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937188.20    | 2.07%             | 2059-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRDG & TUNL AUTH N Y                  | NY TRBTRN 3 05/15/2051      | CUSIP: 89602HBZ9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $734084.30    | 1.62%             | 2051-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                 | SPXW E 2026-04-17 CALL 7275 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |         3 | NC      | $135.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Simplify Exchange Traded Funds

**Signature:** Paul Kim

**Name of Signer:** Paul Kim

**Title:** Trustee & President