# EDGAR Filing Document

**Accession Number:** 0001547950
**File Stem:** 0001752724-23-063331
**Filing Date:** 2023-3
**Character Count:** 10554
**Document Hash:** d663fb58435b0117ab41807d56a3f76c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-063331.hdr.sgml**: 20230322

**ACCESSION NUMBER**: 0001752724-23-063331

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230322

**DATE AS OF CHANGE**: 20230322

**PERIOD START**: 20230430

**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:** 23752237

**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

### Cabana Target Drawdown 10 ETF (Series ID: S000068388)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000218792 | Cabana Target Drawdown 10 ETF | TDSC            |

## Nport-Ex

---

| | |
|:---|:---|
| &nbsp;&nbsp; **Cabana Target Drawdown 10 ETF** <br> SCHEDULE OF INVESTMENTS | **January 31, 2023**<br> (Unaudited) |

---

---

| | | |
|:---|:---|:---|
|  | **Number of Shares** | **Value** |
| **EXCHANGE-TRADED FUNDS – 99.8%** | **EXCHANGE-TRADED FUNDS – 99.8%** | **EXCHANGE-TRADED FUNDS – 99.8%** |
| **CURRENCY – 9.5%** | **CURRENCY – 9.5%** | |
| Invesco DB U.S. Dollar Index Bullish Fund | 1805893 | $**49680116** |
| **EQUITY – 70.7%** |  |  |
| BNY Mellon U.S. Large Capital Core Equity ETF<sup>(a)</sup> | 710303 | 52867852 |
| Industrial Select Sector SPDR Fund | 499443 | 50868270 |
| Invesco Nasdaq 100 ETF | 455952 | 55270501 |
| Materials Select Sector SPDR Fund | 626909 | 53067847 |
| SPDR Dow Jones Industrial Average ETF Trust | 149890 | 51087009 |
| Technology Select Sector SPDR Fund | 404062 | 54936270 |
| Vanguard Dividend Appreciation ETF | 326212 | 50973887 |
|  |  | **369071636** |
| **FIXED INCOME – 19.6%** |  |  |
| Goldman Sachs Access Treasury 0-1 Year ETF | 505190 | 50513948 |
| Vanguard Long-Term Bond ETF | 663688 | 51568558 |
|  |  | **102082506** |
| **TOTAL EXCHANGE-TRADED FUNDS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $508,392,631) |  | **520834258** |
| **SHORT-TERM INVESTMENTS – 0.2%** | **SHORT-TERM INVESTMENTS – 0.2%** | **SHORT-TERM INVESTMENTS – 0.2%** |
| Invesco Government & Agency Portfolio - Institutional Class, 4.30%<sup>(b)</sup> | 1254247 | 1254247 |
| **TOTAL SHORT-TERM INVESTMENTS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,254,247) |  | **1254247** |
| **TOTAL INVESTMENTS – 100.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $509,646,878) |  | **522088505** |
| Liabilities in Excess of Other Assets – (0.0)% |  | (242909) |
| **TOTAL NET ASSETS – 100.0%** |  | $**521845596** |

---

(a) Affiliated issuer.

(b) The rate is the annualized seven-day yield at period end.

**Other Affiliated Investments**

Fiscal period to date transactions with investments which are or were affiliates are as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliate** | **Value at<br> beginning<br> of the<br> period** | **Purchases<br> Cost** | **Sales<br> Proceeds** | **Net<br> Realized<br> Gain/<br> (Loss)** | **Net Change<br> in Unrealized<br> Appreciation/<br> (Depreciation)** | **Value at the<br> end of the<br> period** | **Number<br> of<br> Shares at<br> the end of<br> the period** | **Dividend<br> Income** | **Capital Gain<br> Distributions** |
| BNY Mellon U.S. Large Capital Core Equity ETF | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $63609849 | $(12630921) | $(21791) | $1910715 | $52867852 | 710303 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

## 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:** Cabana Target Drawdown 10 ETF

- **b. EDGAR series identifier (if any):** S000068388

- **c. LEI of Series:** 5493009RVUHEJ6BIBS77

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

- **a. Date of fiscal year-end:** 2023-04-30

- **b. Date as of which information is reported:** 2023-01-31

**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:** $522252897.85

**Total Liabilities:** $407301.80

**Net Assets:** $521845596.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218792 | 3.21%                | -4.93%               | 2.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-310984.24              | $19346497.05                               |
| Month 2  | $-13558783.98            | $-19285268.32                              |
| Month 3  | $81100.21                | $12444112.77                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Materials Select Sector SPDR Fund           | Materials Select Sector SPDR Fund           | CUSIP: 81369Y100<br>LEI: 549300N81BAQ1XPGBT65 | Long             | EC               | RF                | US        |    626909 | NS      | $53067846.85  | 10.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco DB US Dollar Index Bullish Fund     | Invesco DB US Dollar Index Bullish Fund     | CUSIP: 46141D203<br>LEI: 549300QQBOFDEGGI5W06 | Long             | EC               | RF                | US        |   1805893 | NS      | $49680116.43  | 9.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Dividend Appreciation ETF          | Vanguard Dividend Appreciation ETF          | CUSIP: 921908844<br>LEI: N/A                  | Long             | EC               | RF                | US        |    326212 | NS      | $50973887.12  | 9.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Nasdaq 100 ETF                      | Invesco Nasdaq 100 ETF                      | CUSIP: 46138G649<br>LEI: 549300TKJ3EA6QHM7D23 | Long             | EC               | RF                | US        |    455952 | NS      | $55270501.44  | 10.59%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Dow Jones Industrial Average ETF Trust | SPDR Dow Jones Industrial Average ETF Trust | CUSIP: 78467X109<br>LEI: 54930039F2SG3UG2OZ18 | Long             | EC               | RF                | US        |    149890 | NS      | $51087008.70  | 9.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio       | Invesco Government & Agency Portfolio       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1257568 | NS      | $1257567.77   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Technology Select Sector SPDR Fund          | Technology Select Sector SPDR Fund          | CUSIP: 81369Y803<br>LEI: 549300BR5T0JNM2MW070 | Long             | EC               | RF                | US        |    404062 | NS      | $54936269.52  | 10.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Access Treasury 0-1 Year ETF  | GOLDMAN SACHS ACCESS TREASUR                | CUSIP: 381430529<br>LEI: 549300Q2J4ZAD8E71F28 | Long             | EC               | RF                | US        |    505190 | NS      | $50513948.10  | 9.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Select Sector SPDR Fund          | Industrial Select Sector SPDR Fund          | CUSIP: 81369Y704<br>LEI: 549300HQI51T8KP6U325 | Long             | EC               | RF                | US        |    499443 | NS      | $50868269.55  | 9.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon US Large Cap Core Equity ETF     | BNY Mellon US Large Cap Core Equity ETF     | CUSIP: 09661T107<br>LEI: 549300LQKBY0N1SODR76 | Long             | EC               | RF                | US        |    710303 | NS      | $52867852.29  | 10.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Long-Term Bond ETF                 | Vanguard Long-Term Bond ETF                 | CUSIP: 921937793<br>LEI: N/A                  | Long             | EC               | RF                | US        |    663688 | NS      | $51568557.60  | 9.88%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-17

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

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** Chief Compliance Officer