# EDGAR Filing Document

**Accession Number:** 0001810747
**File Stem:** 0000940400-26-021283
**Filing Date:** 2026-5
**Character Count:** 28110
**Document Hash:** a9e3ad2ee142eed99d403c7e41901186
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021283.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000940400-26-021283

**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:** 261023867

**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 Kayne Anderson Energy and Infrastructure Credit ETF (Series ID: S000091848)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000259668 | Simplify Kayne Anderson Energy and Infrastructure Credit ETF |  |

## Nport-Ex

#### Simplify

#### Kayne

#### Anderson

#### Energy

#### and

#### Infrastructure

#### Credit

#### ETF

#### Schedule

#### of

#### Investments
March

31,

2026

(Unaudited)

#### Principal

#### Value

#### Corporate

#### Bonds

#### –

#### 98.2%

#### Energy

#### –

#### 72.0%
Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp.,

5.75%,

7/1/2034,

144A(a)

$

4,714,000

$

4,651,374

Buckeye

Partners

LP,

6.88%,

7/1/2029,

144A(a)

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

400,000

411,898

Buckeye

Partners

LP,

5.85%,

11/15/2043

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

5,730,000

5,187,863

CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC,

7.50%,

12/15/2033,

144A(a)

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

6,360,000

6,677,733

Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp.,

7.38%,

6/30/2033,

144A(a)

..

4,455,000

4,488,292

Enbridge,

Inc.,

7.63%,

(US

Year

CMT

T-Note

+

4.42%),

1/15/2083(b)

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

3,695,000

3,991,066

Enbridge,

Inc.,

8.50%,

(US

Year

CMT

T-Note

+

4.43%),

1/15/2084(b)

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

5,030,000

5,657,231

Energy

Transfer

LP,

6.75%,

(US

Year

CMT

T-Note

+

2.48%),

2/15/2056(b)

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

620,000

618,797

Energy

Transfer

LP,

7.13%,

(US

Year

CMT

T-Note

+

5.31%),

5/15/2174,

Series

G(b)

....

8,985,000

9,161,304

Kinder

Morgan

Energy

Partners

LP,

6.95%,

1/15/2038

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

1,495,000

1,671,141

Kodiak

Gas

Services

LLC,

6.75%,

10/1/2035,

144A(a)

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

2,985,000

3,034,754

ONEOK

Partners

LP,

6.13%,

2/1/2041

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

1,750,000

1,778,984

Oneok

,

Inc.,

6.25%,

10/15/2055

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

250,000

245,856

Phillips

Co.,

5.88%,

(US

Year

CMT

T-Note

+

2.28%),

3/15/2056,

Series

A(b)

........

1,235,000

1,216,376

Phillips

Co.,

6.20%,

(US

Year

CMT

T-Note

+

2.17%),

3/15/2056,

Series

B(b)

........

1,485,000

1,476,418

Plains

All

American

Pipeline

LP,

8.02%,

(3-Month

CME

Term

SOFR

+

4.37%),

11/15/2174,

Series

B(b)

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

10,335,000

10,317,308

Prairie

Acquiror

LP,

9.00%,

8/1/2029,

144A(a)

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

6,845,000

7,091,502

Rockies

Express

Pipeline

LLC,

7.50%,

7/15/2038,

144A(a)

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

2,955,000

3,087,614

Rockies

Express

Pipeline

LLC,

6.88%,

4/15/2040,

144A(a)

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

7,300,000

7,197,947

South

Bow

Canadian

Infrastructure

Holdings

Ltd.,

7.50%,

(US

Year

CMT

T-Note

+

3.67%),

3/1/2055(b)

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

5,530,000

5,763,648

South

Bow

Canadian

Infrastructure

Holdings

Ltd.,

7.63%,

(US

Year

CMT

T-Note

+

3.95%),

3/1/2055(b)

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

175,000

180,171

Sunoco

LP,

7.88%,

(US

Year

CMT

T-Note

+

4.23%),

3/18/2175,

144A(a)(b)

...........

6,360,000

6,495,926

TransCanada

PipeLines

Ltd.,

7.00%,

(US

Year

CMT

T-Note

+

2.61%),

6/1/2065(b)

.....

2,435,000

2,473,081

TransCanada

PipeLines

Ltd.,

6.12%,

(3-Month

CME

Term

SOFR

+

2.47%),

5/15/2067(b)

.

3,395,000

3,033,612

Venture

Global

Plaquemines

Lng

LLC,

6.75%,

1/15/2036,

144A(a)

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

1,490,000

1,579,157

Western

Midstream

Operating

LP,

7.25%,

4/1/2030,

144A(a)

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

200,000

211,175

Williams

Cos,

Inc.

(The),

5.15%,

3/15/2036

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

4,485,000

4,421,861

Williams

Cos.,

Inc.

(The),

8.75%,

3/15/2032

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

575,000

682,976

102,805,065

#### Utilities

#### –

#### 26.2%
AES

Corp.

(The),

7.60%,

(US

Year

CMT

T-Note

+

3.20%),

1/15/2055(b)

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

5,230,000

5,189,421

AES

Corp.

(The),

6.95%,

(US

Year

CMT

T-Note

+

2.89%),

7/15/2055(b)

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

4,810,000

4,491,659

AltaGas

Ltd.,

7.20%,

(US

Year

CMT

T-Note

+

3.57%),

10/15/2054,

144A(a)(b)

.........

5,530,000

5,621,300

Entergy

Corp.,

7.13%,

(US

Year

CMT

T-Note

+

2.67%),

12/1/2054(b)

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

3,650,000

3,732,534

Entergy

Corp.,

6.10%,

(US

Year

CMT

T-Note

+

2.01%),

6/15/2056(b)

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

1,760,000

1,737,471

NRG

Energy,

Inc.,

7.00%,

3/15/2033,

144A(a)

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

1,500,000

1,624,237

NRG

Energy,

Inc.,

6.00%,

1/15/2036,

144A(a)

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

2,585,000

2,563,272

NRG

Energy,

Inc.,

10.25%,

(US

Year

CMT

T-Note

+

5.92%),

9/15/2174,

144A(a)(b)

....

1,795,000

1,936,965

PG&E

Corp.,

7.38%,

(US

Year

CMT

T-Note

+

3.88%),

3/15/2055(b)

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

635,000

638,552

PG&E

Corp.,

6.85%,

(US

Year

CMT

T-Note

+

3.23%),

9/15/2056(b)

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

2,585,000

2,554,377

Sempra,

6.40%,

(US

Year

CMT

T-Note

+

2.63%),

10/1/2054(b)

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

1,985,000

1,977,098

Sempra,

6.88%,

(US

Year

CMT

T-Note

+

2.79%),

10/1/2054(b)

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

4,705,000

4,757,597

Vistra

Corp.,

8.88%,

(US

Year

CMT

T-Note

+

5.05%),

7/15/2174,

Series

C,

144A(a)(b)

..

100,000

107,878

Vistra

Corp.,

8.00%,

(US

Year

CMT

T-Note

+

6.93%),

4/15/2175,

144A(a)(b)

..........

550,000

556,206

37,488,567

Total

Corporate

Bonds

(Cost

$142,741,397)

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

140,293,632

#### Simplify

#### Kayne

#### Anderson

#### Energy

#### and

#### Infrastructure

#### Credit

#### ETF

#### Schedule

#### of

#### Investments
(Continued)

March

31,

2026

(Unaudited)

#### Shares

#### Value

#### Money

#### Market

#### Fund

#### –

#### 0.1%
Dreyfus

Treasury

Obligations

Cash

Management

Fund,

Institutional

Shares,

3.54%(c)

(Cost

$88,692)

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

88,692

$

88,692

Total

Investments

–

98.3%

(Cost

$142,830,089)

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

$

140,382,324

Other

Assets

in

Excess

of

Liabilities

–

1.7%

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

2,410,045

#### Net

#### Assets

#### –

#### 100.0%

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

#### $

#### 142,792,369
(a) Security

was

purchased

(sold)

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933

and

may

not

be

resold

(repurchased)

subject

to

that

rule

except

to

qualified

institutional

buyers.

Unless

otherwise

noted,

Rule

144A

securities

are

deemed

to

be

liquid.

Total

fair

value

of

Rule

144A

securities

amounts

to

$57,337,230,

which

represents

40.3%

of

net

assets

as

of

March

31,

2026. (b) Floating

rate

investment.

Interest

rates

reset

periodically.

Certain

Securities

are

fixed

to

variable

and

currently

in

the

fixed

phase.

Interest

rate

shown

reflects

the

rate

in

effect

at

March

31,

2026. For

securities

based

on

a

published

reference

rate

and

spread,

the

reference

rate

and

spread

are

indicated

in

the

description

above.

(c) Rate

shown

reflects

the

7-day

yield

as

of

March

31,

2026. #### Portfolio

#### Abbreviations:
CME

:

Chicago

Mercantile

Exchange

CMT

:

Treasury

Constant

Maturity

Rate

SOFR

:

Secured

Overnight

Financing

Rate

## 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 Kayne Anderson Energy and Infrastructure Credit ETF

- **b. EDGAR series identifier (if any):** S000091848

- **c. LEI of Series:** 529900P0PPR1IFR0EV77

**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:** $142862991.46

**Total Liabilities:** $68683.92

**Net Assets:** $142794307.54

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 1763.27554000 | **5-Year:** 15063.68153000 | **10-Year:** 10285.63658000 | **30-Year:** 67.90494000

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

- **3-Month:** 15.14379000 | **1-Year:** 6663.42605000 | **5-Year:** 23756.27018000 | **10-Year:** 15814.31373000 | **30-Year:** 101.47794000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259668 | 0.58%                | 0.98%                | -1.78%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $32945.34                | $-23624.58                                 |
| Month 2  | $35964.26                | $71459.11                                  |
| Month 3  | $-38433.00               | $-2840864.50                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Kinder Morgan Energy Partners LP                             | KMI 6.95 01/15/38 MTN      | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   1495000 | PA      | $1671140.81   | 1.17%             | 2038-01-15      | Fixed         | 6.95%                 | No            |                  1 | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.              | SOBOCN V7.5 03/01/55       | CUSIP: 836720AJ1<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |   5530000 | PA      | $5763648.03   | 4.04%             | 2055-03-01      | Fixed         | 7.50%                 | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                           | ET V7.125 PERP G           | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   8985000 | PA      | $9161303.67   | 6.42%             | N/A             | Fixed         | 7.12%                 | No            |                  1 | On Loan: No      |
| Phillips 66 Co.                                              | PSX V5.875 03/15/56 A      | CUSIP: 718547AZ5<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1216376.32   | 0.85%             | 2056-03-15      | Fixed         | 5.88%                 | No            |                  1 | On Loan: No      |
| AES Corp.                                                    | AES V6.95 07/15/55         | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   4810000 | PA      | $4491658.81   | 3.15%             | 2055-07-15      | Fixed         | 6.95%                 | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                             | NRG V10.25 PERP 144A       | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1936964.76   | 1.36%             | N/A             | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Altagas Ltd                                                  | ALACN V7.2 10/15/54 144A   | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | CA        |   5530000 | PA      | $5621300.30   | 3.94%             | 2054-10-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                          | BPL 6.875 07/01/29 144A    | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    400000 | PA      | $411898.40    | 0.29%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TransCanada Pipelines Limited                                | TRPCN V0 05/15/67          | CUSIP: 89352HAC3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |   3395000 | PA      | $3033611.99   | 2.12%             | 2067-05-15      | Floating      | 6.12%                 | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                             | NRG 7 03/15/33 144A        | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1624237.50   | 1.14%             | 2033-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                          | ETR V7.125 12/01/54        | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   3650000 | PA      | $3732533.80   | 2.61%             | 2054-12-01      | Fixed         | 7.12%                 | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                                | ENBCN V7.625 01/15/83      | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   3695000 | PA      | $3991065.57   | 2.79%             | 2083-01-15      | Fixed         | 7.62%                 | No            |                  1 | On Loan: No      |
| Entergy Corporation                                          | ETR V6.1 06/15/56          | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $1984270.39   | 1.39%             | 2056-06-15      | Fixed         | 6.10%                 | No            |                  1 | On Loan: No      |
| Sempra                                                       | SRE V6.4 10/01/54          | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   1985000 | PA      | $1977098.31   | 1.38%             | 2054-10-01      | Fixed         | 6.40%                 | No            |                  1 | On Loan: No      |
| TransCanada Pipelines Limited                                | TRPCN V7 06/01/65          | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |   2435000 | PA      | $2473080.97   | 1.73%             | 2065-06-01      | Fixed         | 7.00%                 | No            |                  1 | On Loan: No      |
| Buckeye Partners LP                                          | BPL 5.85 11/15/43          | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   5730000 | PA      | $5187862.93   | 3.63%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  1 | On Loan: No      |
| Vistra Corp                                                  | VST V8 PERP 144A           | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    550000 | PA      | $556205.65    | 0.39%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Williams Companies Inc. (The)                                | WMB 8.75 03/15/32          | CUSIP: 969457BM1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    575000 | PA      | $682976.47    | 0.48%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  1 | On Loan: No      |
| CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC                     | BLKCQP 7.5 12/15/33        | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5860000 | PA      | $6152753.88   | 4.31%             | 2033-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                  | VST V8.875 PERP C          | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107878.30    | 0.08%             | N/A             | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                             | NRG 6 01/15/36 144A        | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2585000 | PA      | $2563272.56   | 1.80%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.              | SOBOCN V7.625 03/01/55     | CUSIP: 836720AG7<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $180171.25    | 0.13%             | 2055-03-01      | Fixed         | 7.62%                 | No            |                  1 | On Loan: No      |
| AES Corp.                                                    | AES V7.6 01/15/55          | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   5230000 | PA      | $5189420.95   | 3.63%             | 2055-01-15      | Fixed         | 7.60%                 | No            |                  1 | On Loan: No      |
| Rockies Express Pipeline LLC                                 | ROCKIE 7.5 07/15/38 144A   | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |   2955000 | PA      | $3087614.49   | 2.16%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                              | PSX V6.2 03/15/56 B        | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1724972.74   | 1.21%             | 2056-03-15      | Fixed         | 6.20%                 | No            |                  1 | On Loan: No      |
| PG&E Corporation                                             | PCG V6.85 09/15/56         | CUSIP: 69331CAN8<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   2585000 | PA      | $2554376.80   | 1.79%             | 2056-09-15      | Fixed         | 6.85%                 | No            |                  1 | On Loan: No      |
| PG&E Corporation                                             | PCG V7.375 03/15/55        | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    635000 | PA      | $638551.56    | 0.45%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                                | ENBCN V8.5 01/15/84        | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   5030000 | PA      | $5657230.94   | 3.96%             | 2084-01-15      | Fixed         | 8.50%                 | No            |                  1 | On Loan: No      |
| Antero Midstream Partners LP / Antero Midstream Finance Corp | AM 5.75 07/01/34 144A      | CUSIP: 03690AAN6<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |   4714000 | PA      | $4651374.51   | 3.26%             | 2034-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sempra                                                       | SRE V6.875 10/01/54        | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   4705000 | PA      | $4757597.20   | 3.33%             | 2054-10-01      | Fixed         | 6.88%                 | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                           | ET V6.75 02/15/56          | CUSIP: 29273VBH2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    620000 | PA      | $618796.89    | 0.43%             | 2056-02-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| Aris Water Holdings LLC                                      | WES 7.25 04/01/30 144A     | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211174.80    | 0.15%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Delek Logistics Partners LP/ Delek Logistics Finance Corp.   | DKL 7.375 06/30/33 144A    | CUSIP: 24665FAE2<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |   4455000 | PA      | $4488292.22   | 3.14%             | 2033-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                 | ROCKIE 6.875 04/15/40 144A | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |   7300000 | PA      | $7197947.46   | 5.04%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                   | OKE 6.25 10/15/55          | CUSIP: 682680DD2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245855.70    | 0.17%             | 2055-10-15      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| Kodiak Gas Services LLC                                      | KGS 6.75 10/01/35 144A     | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   2985000 | PA      | $3034753.98   | 2.13%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Williams Companies Inc. (The)                                | WMB 5.15 03/15/36          | CUSIP: 969457CV0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   4485000 | PA      | $4421860.98   | 3.10%             | 2036-03-15      | Fixed         | 5.15%                 | No            |                  1 | On Loan: No      |
| Prairie Acquiror LP                                          | TGE 9 08/01/29 144A        | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |   6845000 | PA      | $7091502.14   | 4.97%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                    | SUN V7.875 PERP 144A       | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   6360000 | PA      | $6495925.92   | 4.55%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Oneok Partners Lp                                            | OKE 6.125 02/01/41         | CUSIP: 68268NAG8<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1778983.57   | 1.25%             | 2041-02-01      | Fixed         | 6.12%                 | No            |                  1 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                           | VEGLPL 6.75 01/15/36 144A  | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1579157.13   | 1.11%             | 2036-01-15      | Fixed         | 6.75%                 | 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        |     88692 | NS      | $88691.95     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L.P.                            | PAA V0 PERP B              | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |  10335000 | PA      | $10317307.51  | 7.23%             | N/A             | Floating      | 8.02%                 | 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