# EDGAR Filing Document

**Accession Number:** 0001810747
**File Stem:** 0000940400-26-007110
**Filing Date:** 2026-2
**Character Count:** 34781
**Document Hash:** 3714f21aa7a1339dac65d6e858a9696e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007110.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000940400-26-007110

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**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:** 26664223

**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 Gamma Emerging Market Bond ETF (Series ID: S000085697)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000251041 | Simplify Gamma Emerging Market Bond ETF |  |

## 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 Gamma Emerging Market Bond ETF

- **b. EDGAR series identifier (if any):** S000085697

- **c. LEI of Series:** 5299007RKKJ9VVHGQM80

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $36651492.58

**Total Liabilities:** $32283.85

**Net Assets:** $36619208.73

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 437.00258000 | **5-Year:** 3108.38241000 | **10-Year:** 3915.77071000 | **30-Year:** 221.87668000

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

- **3-Month:** 0.00000000 | **1-Year:** 1061.62858000 | **5-Year:** 6601.81744000 | **10-Year:** 6089.46246000 | **30-Year:** 357.99730000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251041 | 1.16%                | 0.06%                | 1.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-52008.10               | $231621.18                                 |
| Month 2  | $43578.55                | $-179055.82                                |
| Month 3  | $40208.22                | $159440.81                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EMPRESA GEN ELEC HAINA    | Empresa Generadora de Electricidad Haina SA                                     | CUSIP: 000000000<br>LEI: 549300Y36L5LRW5RH373 | Long             | DBT              | CORP              | DO        |    250000 | PA      | $245706.25    | 0.67%             | 2028-11-08      | Fixed         | 5.62%                 | No            |                  1 | On Loan: No      |
| PAMPA ENERGIA SA          | Pampa Energia SA                                                                | CUSIP: 697660AG3<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |    500000 | PA      | $495995.00    | 1.35%             | 2037-11-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LD CELULOSE INTERNATIONA  | LD Celulose International GmbH                                                  | CUSIP: 50206BAA0<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $209022.13    | 0.57%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                                       | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    300000 | PA      | $327456.00    | 0.89%             | 2030-04-17      | Fixed         | 9.25%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                                            | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   1780000 | PA      | $1474908.00   | 4.03%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                                       | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    580000 | PA      | $607103.40    | 1.66%             | 2035-06-15      | Fixed         | 7.65%                 | No            |                  1 | On Loan: No      |
| KINGSTON AIRPORT REV FIN  | Kingston Airport Revenue Finance Ltd                                            | CUSIP: 000000000<br>LEI: 254900SK2YRR95AVHU30 | Long             | DBT              | CORP              | KY        |    260000 | PA      | $268125.00    | 0.73%             | 2036-12-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF COLOMBIA      | Colombia Government International Bond                                          | CUSIP: 195325EQ4<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    960000 | PA      | $1020960.00   | 2.79%             | 2054-11-07      | Fixed         | 8.38%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                                       | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    650000 | PA      | $651950.00    | 1.78%             | 2041-02-01      | Fixed         | 7.62%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                                            | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    450000 | PA      | $470329.67    | 1.28%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  1 | On Loan: No      |
| COMISION FEDERAL DE ELEC  | Comision Federal de Electricidad                                                | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $412170.00    | 1.13%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  1 | On Loan: No      |
| NATIONAL GAS CO           | National Gas Co of Trinidad & Tobago Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |    100000 | PA      | $92656.50     | 0.25%             | 2036-01-15      | Fixed         | 6.05%                 | No            |                  1 | On Loan: No      |
| FED REPUBLIC OF BRAZIL    | Brazilian Government International Bond                                         | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    850000 | PA      | $877625.00    | 2.40%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  1 | On Loan: No      |
| YPF SOCIEDAD ANONIMA      | YPF SA                                                                          | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    400000 | PA      | $409784.80    | 1.12%             | 2034-01-17      | Fixed         | 8.25%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                                            | CUSIP: 698299BZ6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    300000 | PA      | $350545.77    | 0.96%             | 2057-03-01      | Fixed         | 7.88%                 | No            |                  1 | On Loan: No      |
| FED REPUBLIC OF BRAZIL    | Brazilian Government International Bond                                         | CUSIP: 105756CP3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    900000 | PA      | $888435.00    | 2.43%             | 2033-02-04      | Fixed         | 5.50%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF COLOMBIA      | Colombia Government International Bond                                          | CUSIP: 195325EM3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    710000 | PA      | $783840.00    | 2.14%             | 2053-11-14      | Fixed         | 8.75%                 | No            |                  1 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS   | Bahamas Government International Bond                                           | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    300000 | PA      | $335496.00    | 0.92%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP          | Aris Mining Corp                                                                | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $208893.44    | 0.57%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT     | Costa Rica Government International Bond                                        | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    500000 | PA      | $554750.00    | 1.51%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  1 | On Loan: No      |
| AEGEA FINANCE SARL        | Aegea Finance Sarl                                                              | CUSIP: 00775CAE6<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |    500000 | PA      | $477814.44    | 1.30%             | 2036-01-20      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP          | Aris Mining Corp                                                                | CUSIP: 000000000<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $261116.80    | 0.71%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  1 | On Loan: No      |
| LD CELULOSE INTERNATIONA  | LD Celulose International GmbH                                                  | CUSIP: 000000000<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    250000 | PA      | $261277.67    | 0.71%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  1 | On Loan: No      |
| INVEST ENERGY RES LTD     | Investment Energy Resources Ltd                                                 | CUSIP: 000000000<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |    450000 | PA      | $453604.50    | 1.24%             | 2029-04-26      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| TELECOM OF TRIN & TOBAGO  | Telecommunications Services of Trinidad & Tobago Ltd                            | CUSIP: 000000000<br>LEI: 5299007N4G3EZWXAMB76 | Long             | DBT              | CORP              | TT        |    200000 | PA      | $203935.00    | 0.56%             | 2029-10-18      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| VISTA OIL & GAS ARGENTIN  | Vista Energy Argentina SAU                                                      | CUSIP: 92841RAB6<br>LEI: 549300FE4UJNCG1DB123 | Long             | DBT              | CORP              | AR        |    500000 | PA      | $514375.00    | 1.40%             | 2033-06-10      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA              | Ecopetrol SA                                                                    | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    700000 | PA      | $720739.02    | 1.97%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  1 | On Loan: No      |
| DREYFUS TRSY OBLIG CASH M | DREYFUS TRSY OBLIG CASH M                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     13155 | NS      | $13154.69     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO  | Colombia Telecomunicaciones SA ESP                                              | CUSIP: 000000000<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |    808000 | PA      | $735247.68    | 2.01%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  1 | On Loan: No      |
| KINGSTON AIRPORT REV FIN  | Kingston Airport Revenue Finance Ltd                                            | CUSIP: 49647QAA6<br>LEI: 254900SK2YRR95AVHU30 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $206250.00    | 0.56%             | 2036-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                                            | CUSIP: 698299AW4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    950000 | PA      | $1024432.50   | 2.80%             | 2036-01-26      | Fixed         | 6.70%                 | No            |                  1 | On Loan: No      |
| RAIZEN FUELS FINANCE      | Raizen Fuels Finance SA                                                         | CUSIP: 000000000<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    650000 | PA      | $526631.36    | 1.44%             | 2037-02-25      | Fixed         | 6.70%                 | No            |                  1 | On Loan: No      |
| PLUSPETROL SA             | Pluspetrol SA                                                                   | CUSIP: 72942BAA3<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $203513.82    | 0.56%             | 2032-05-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN  | Empresas Publicas de Medellin ESP                                               | CUSIP: 000000000<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |    450000 | PA      | $423891.00    | 1.16%             | 2029-07-18      | Fixed         | 4.25%                 | No            |                  1 | On Loan: No      |
| UEP PENNONOME II SA       | UEP Penonome II SA                                                              | CUSIP: 000000000<br>LEI: 549300DS6G5XB230S845 | Long             | DBT              | CORP              | PA        |    194556 | PA      | $173738.14    | 0.47%             | 2038-10-01      | Fixed         | 6.50%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL             | United States Treasury Bill                                                     | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    565000 | PA      | $563884.65    | 1.54%             | 2026-01-22      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| TELECOM ARGENTINA SA      | Telecom Argentina SA                                                            | CUSIP: 000000000<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |    250000 | PA      | $261590.26    | 0.71%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  1 | On Loan: No      |
| AES ESPANA BV             | AES Espana BV                                                                   | CUSIP: 000000000<br>LEI: 7245003VZ59682IZLJ86 | Long             | DBT              | CORP              | NL        |    580000 | PA      | $574345.00    | 1.57%             | 2028-05-04      | Fixed         | 5.70%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                                       | CUSIP: 283875CG5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    250000 | PA      | $287262.50    | 0.78%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA   | Latam Airlines Group SA                                                         | CUSIP: 000000000<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    250000 | PA      | $263255.00    | 0.72%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  1 | On Loan: No      |
| SIERRACOL EN AND/ARA/DEV  | SierraCol Energy Andina LLC/SierraCol Energy Arauca/Colombia Energy Development | CUSIP: 82653NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $190300.00    | 0.52%             | 2030-11-14      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS       | Petroleos Mexicanos                                                             | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    780000 | PA      | $740659.13    | 2.02%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  1 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS   | Bahamas Government International Bond                                           | CUSIP: 000000000<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    890000 | PA      | $995304.80    | 2.72%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  1 | On Loan: No      |
| LATAM AIRLINES GROUP SA   | Latam Airlines Group SA                                                         | CUSIP: 51817RAD8<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $210604.00    | 0.58%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST 2 0       | Energuate Trust 2 0                                                             | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |    500000 | PA      | $500269.90    | 1.37%             | 2035-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                                       | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    400000 | PA      | $459620.00    | 1.26%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  1 | On Loan: No      |
| FED REPUBLIC OF BRAZIL    | Brazilian Government International Bond                                         | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    960000 | PA      | $953520.00    | 2.60%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  1 | On Loan: No      |
| BOROO INVESTMENTS         | Boroo Investments Pte Ltd                                                       | CUSIP: 10001AAA3<br>LEI: 254900NL0ALM1NCHOQ65 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $198500.00    | 0.54%             | 2032-08-07      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                                           | CUSIP: 25714PFC7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    200000 | PA      | $214460.00    | 0.59%             | 2055-02-24      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL        | Saavi Energia Sarl                                                              | CUSIP: 000000000<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $434320.00    | 1.19%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| CSN RESOURCES SA          | CSN Resources SA                                                                | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $308300.83    | 0.84%             | 2031-06-10      | Fixed         | 4.62%                 | No            |                  1 | On Loan: No      |
| CSN RESOURCES SA          | CSN Resources SA                                                                | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $139469.25    | 0.38%             | 2030-12-05      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL             | United States Treasury Bill                                                     | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    570000 | PA      | $568494.77    | 1.55%             | 2026-01-29      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| TELECOM ARGENTINA SA      | Telecom Argentina SA                                                            | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $209272.21    | 0.57%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TECPETROL S.A.            | Tecpetrol SA                                                                    | CUSIP: 87876TAH7<br>LEI: 529900C0GOV3UC7ZMZ16 | Long             | DBT              | CORP              | AR        |    476000 | PA      | $473205.88    | 1.29%             | 2030-11-03      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                                           | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    250000 | PA      | $268075.00    | 0.73%             | 2055-02-24      | Fixed         | 7.15%                 | No            |                  1 | On Loan: No      |
| HONDURAS GOVERNMENT       | Honduras Government International Bond                                          | CUSIP: 000000000<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |    100000 | PA      | $112655.00    | 0.31%             | 2034-11-27      | Fixed         | 8.62%                 | No            |                  1 | On Loan: No      |
| PLUSPETROL SA             | Pluspetrol SA                                                                   | CUSIP: 72942BAB1<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | CORP              | AR        |    500000 | PA      | $496948.79    | 1.36%             | 2031-05-18      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA              | Ecopetrol SA                                                                    | CUSIP: 279158AW9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    580000 | PA      | $597678.40    | 1.63%             | 2032-02-01      | Fixed         | 7.75%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                                            | CUSIP: 698299BK9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   1100000 | PA      | $1033010.00   | 2.82%             | 2030-01-23      | Fixed         | 3.16%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF COLOMBIA      | Colombia Government International Bond                                          | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    300000 | PA      | $313500.00    | 0.86%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ELDORADO INTL FIN GMBH    | Eldorado Intl. Finance GmbH                                                     | CUSIP: 284697AC3<br>LEI: 2549002HQE45WFK9EY03 | Long             | DBT              | CORP              | AT        |    400000 | PA      | $412880.00    | 1.13%             | 2032-12-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL             | United States Treasury Bill                                                     | CUSIP: 912797SE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    315000 | PA      | $314879.25    | 0.86%             | 2026-01-06      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| MILLICOM INTL CELLULAR    | Millicom International Cellular SA                                              | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $312028.50    | 0.85%             | 2032-04-02      | Fixed         | 7.38%                 | No            |                  1 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SAU  | EnfraGen Energia Sur SAU/ EnfraGen Chile SpA/ EnfraGen Spain SAU                | CUSIP: 29281MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |    500000 | PA      | $519148.22    | 1.42%             | 2032-06-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC  | Comision Federal de Electricidad                                                | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $412170.00    | 1.13%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA       | Banco Davivienda SA                                                             | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |    550000 | PA      | $577434.00    | 1.58%             | 2035-07-02      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS       | Petroleos Mexicanos                                                             | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    800000 | PA      | $774773.88    | 2.12%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  1 | On Loan: No      |
| HONDURAS GOVERNMENT       | Honduras Government International Bond                                          | CUSIP: 438180AK7<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |    350000 | PA      | $394292.50    | 1.08%             | 2034-11-27      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                                           | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    900000 | PA      | $967365.00    | 2.64%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  1 | On Loan: No      |
| ORAZUL ENERGY PERU SA     | Orazul Energy Peru SA                                                           | CUSIP: 685948AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    450000 | PA      | $457880.40    | 1.25%             | 2032-09-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA            | Bancolombia SA                                                                  | CUSIP: 05968LAN2<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    450000 | PA      | $482863.23    | 1.32%             | 2034-12-24      | Fixed         | 8.62%                 | No            |                  1 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                                           | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    793000 | PA      | $709140.25    | 1.94%             | 2060-01-30      | Fixed         | 5.88%                 | No            |                  1 | On Loan: No      |
| AUNA SA                   | Auna SA                                                                         | CUSIP: 05151PAA8<br>LEI: 254900SOGP7YC0N9I368 | Long             | DBT              | CORP              | LU        |    350000 | PA      | $353729.25    | 0.97%             | 2032-11-06      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM  | Volcan Cia Minera SAA                                                           | CUSIP: 92863UAD8<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |    500000 | PA      | $515315.00    | 1.41%             | 2032-10-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS       | Petroleos Mexicanos                                                             | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $609676.00    | 1.66%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-21

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

**Signature:** Paul Kim

**Name of Signer:** Paul Kim

**Title:** Trustee & President