# EDGAR Filing Document

**Accession Number:** 0001589756
**File Stem:** 0001752724-25-204196
**Filing Date:** 2025-8
**Character Count:** 57048
**Document Hash:** 7e871e2a416986d6b72d1f79125ece1f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204196.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204196

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VIRTUS ALTERNATIVE SOLUTIONS TRUST
- **CENTRAL INDEX KEY:** 0001589756

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22906
- **FILM NUMBER:** 251254194

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 860.263.4790

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VIRTUS ALTERNATIVE SOLUTIONS FUNDS
- **DATE OF NAME CHANGE:** 20140204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VIRTUS ALTERNATIVES TRUST I
- **DATE OF NAME CHANGE:** 20131022

## Series and Classes Contracts Data

### Virtus AlphaSimplex Managed Futures Strategy Fund (Series ID: S000079778)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000241135 | Class R6     | AMFNX           |
| C000241136 | Class A      | AMFAX           |
| C000241137 | Class C      | ASFCX           |
| C000241138 | Class I      | ASFYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Alternative Solutions Trust

- **b. Investment Company Act file number:** 811-22906

- **c. CIK number of Registrant:** 0001589756

- **d. LEI of Registrant:** 549300LL1U2Z63VKA167

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 800-243-1574

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

- **a. Name of Series:** Virtus AlphaSimplex Managed Futures Strategy Fund

- **b. EDGAR series identifier (if any):** S000079778

- **c. LEI of Series:** 5493000L5NBK9FMRPQ24

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

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

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1301850304.62

**Total Liabilities:** $2401042.94

**Net Assets:** $1299449261.68

**Amount of Assets Invested in Other Investment Companies:** $130535531.19

**Cash Not Reported:** $279440064.50

**Currency Risk Metrics (dv01):**

- 

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

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

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

- **3-Month:** -6198.05000000 | **1-Year:** -15664.50000000 | **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 C000241136 | -9.86%               | -1.94%               | 0.42%                |
| Class ID C000241135 | -9.83%               | -1.91%               | 0.56%                |
| Class ID C000241137 | -9.93%               | -1.96%               | 0.46%                |
| Class ID C000241138 | -9.88%               | -1.92%               | 0.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7566.47                 | $-204752.17                                |
| Month 2  | $2139.72                 | $50183.31                                  |
| Month 3  | $0.00                    | $9905.38                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797LW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  35000000 | PA      | $34963322.80  | 2.69%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME ZINC                                                 | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |      -170 | NC      | $84235.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29672320.20  | 2.28%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                          | LONG GILT                                                | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |      -118 | NC      | $-367258.75   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | USD/CNH FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-45478.63    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797NU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24491958.25  | 1.88%             | 2025-12-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | S&P MID 400 EMINI                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        11 | NC      | $64619.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | USD/SGD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-54885.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                  | FTSE CHINA A50                                           | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | N/A              | DE               | CORP              | SG        |       633 | NC      | $-15174.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | LEAN HOGS                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              | CORP              | US        |       188 | NC      | $22202.53     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AUSTRALIAN SECURITIES EXCHANGE TRADE24      | AUST 10Y BOND                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | AU        |       468 | NC      | $141729.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | STOXX EUROPE 600                                         | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               | CORP              | DE        |       253 | NC      | $-80465.76    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | FTSE 100 INDEX                                           | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DE               | CORP              | GB        |       231 | NC      | $-382083.99   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | JAPAN YEN CURR                                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |       200 | NC      | $48834.72     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                  | IRON ORE 62%                                             | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | N/A              | DCO              | CORP              | SG        |      -344 | NC      | $-36464.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | CNH/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $24358.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DZ BANK AG NEW YORK                         | DZ Bank AG Deutsche Zentral-Genossenschaftsbank/New York | CUSIP: 23344JD77<br>LEI: 529900HNOAA1KXQJUQ27 | Long             | DBT              | CORP              | US        |  45000000 | PA      | $45001242.00  | 3.46%             | 2025-09-03      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| UBS Securities LLC                          | NOK/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-11857.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OSAKA EXCHANGE,INC                          | NIKKEI 225 (OSE)                                         | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               | CORP              | JP        |        33 | NC      | $240755.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | BP CURRENCY                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |      1572 | NC      | $2259750.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN IMP BK COMM NY                     | Canadian Imperial Bank of Commerce/New York NY           | CUSIP: 13606DFL1<br>LEI: 549300H8L46OOZOFHU82 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25005415.00  | 1.92%             | 2025-11-13      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LTD N 03JUL25         | SUMITOMO MITSUI TR BK LTD N 03JUL25                      | CUSIP: 86564TBH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  50000000 | PA      | $49999990.00  | 3.85%             | 2025-07-03      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| RY YCD 5.1300 07/23/25                      | RY YCD 5.1300 07/23/25                                   | CUSIP: 78015JTK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  34000000 | PA      | $34012063.20  | 2.62%             | 2025-07-23      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COTTON NO.2                                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |      -251 | NC      | $18955.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797PZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19983880.60  | 1.54%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 10YR ULTRA                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -101 | NC      | $-269727.52   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI BANK NY                     | Sumitomo Mitsui Banking Corp/New York                    | CUSIP: 86565GNN6<br>LEI: 549300MS3WYYVQ4HXM15 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25006930.00  | 1.92%             | 2025-11-18      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| UBS Securities LLC                          | SGD/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1026352.99   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                          | BRENT CRUDE                                              | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              | CORP              | GB        |        70 | NC      | $-624229.36   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | GOLD 100 OZ                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |       124 | NC      | $402573.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CORN                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -883 | NC      | $436772.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF MONTREAL CHICAGO                    | Bank of Montreal/Chicago IL                              | CUSIP: 06367DQL2<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | US        |  40000000 | PA      | $40021032.00  | 3.08%             | 2026-05-07      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | NY HARB ULSD                                             | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |       108 | NC      | $-987126.56   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME COPPER                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |       -18 | NC      | $-127206.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | KC HRW WHEAT                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -175 | NC      | $186200.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | 3MO EURO EURIBOR                                         | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |      1318 | NC      | $-650319.97   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME COPPER                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |        27 | NC      | $83051.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | ZAR/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-3116.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS Securities LLC                          | NZD/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $118672.21    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Securities LLC                          | CHF/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1582254.39   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | SOYBEAN MEAL                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -905 | NC      | $1384019.24   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | COCOA - IC                                               | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              | CORP              | GB        |        10 | NC      | $-52078.34    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO STOXX 50                                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               | CORP              | DE        |       296 | NC      | $-50557.61    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US ULTRA BOND CBT                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -153 | NC      | $-756564.39   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE ENDEX MARKETS B.V.                      | ECX EMISSION                                             | CUSIP: 000000000<br>LEI: 549300CZW488L20NT866 | N/A              | DCO              | CORP              | NL        |        22 | NC      | $-123058.75   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AUSTRALIAN SECURITIES EXCHANGE TRADE24      | AUST 3YR BOND                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | AU        |      1688 | NC      | $328511.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797PE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29944800.00  | 2.30%             | 2025-07-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | SUGAR #11 (WORLD)                                        | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |     -1127 | NC      | $847140.49    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN IMP BK COMM NY                     | Canadian Imperial Bank of Commerce/New York NY           | CUSIP: 13606DFW7<br>LEI: 549300H8L46OOZOFHU82 | Long             | DBT              | CORP              | US        |  30000000 | PA      | $30003399.00  | 2.31%             | 2025-12-08      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| DNB BK ASA NEW YORK BRH INS 01JUL25         | DNB BK ASA NEW YORK BRH INS 01JUL25                      | CUSIP: 23345HSF6<br>LEI: N/A                  | Long             | DBT              | CORP              | NO        |  55000000 | PA      | $55000027.50  | 4.23%             | 2025-07-01      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | LIVE CATTLE                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              | CORP              | US        |       341 | NC      | $377801.51    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | BRAZIL REAL                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |       509 | NC      | $165344.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 5YR NOTE (CBT)                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       324 | NC      | $184677.71    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | SHORT EURO-BTP                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |      1502 | NC      | $-380395.39   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| MEFF RENTA VARIABLE (MADRID)                | IBEX 35 INDX                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | ES        |       132 | NC      | $-66476.43    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG FUTURES EXCHANGE                  | HANG SENG INDEX                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | HK        |       121 | NC      | $-194192.34   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | SEK/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $595027.13    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| COOPERATIEVE CENTRALE RAIFF 24SEP25         | COOPERATIEVE CENTRALE RAIFF 24SEP25                      | CUSIP: 21684X2U9<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |  25000000 | PA      | $24994600.00  | 1.92%             | 2025-09-24      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/NY                          | Mizuho Bank Ltd/New York NY                              | CUSIP: 60710TD65<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | DBT              | CORP              | US        |  50000000 | PA      | $50005505.00  | 3.85%             | 2025-08-19      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| UBS Securities LLC                          | USD/CHF FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-134493.74   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EURONEXT PARIS SA                           | CAC40 10 EURO                                            | CUSIP: 000000000<br>LEI: 969500HMVSZ0TCV65D58 | N/A              | DE               | CORP              | FR        |        68 | NC      | $-65842.69    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BNPPNYYCD4.390011/04/25                     | BNPPNYYCD4.390011/04/25                                  | CUSIP: 05593DGJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11000000 | PA      | $10999034.20  | 0.85%             | 2025-11-04      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO-BOBL                                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       266 | NC      | $-81467.02    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SVENSKA HANDELSBANKEN NY                    | Svenska Handelsbanken/New York NY                        | CUSIP: 86959TJC1<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25013647.50  | 1.92%             | 2025-11-05      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTR NY                    | Commonwealth Bank of Australia/New York NY               | CUSIP: 20271EK65<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | US        |  49000000 | PA      | $49020016.50  | 3.77%             | 2025-10-03      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| BORSA ITALIANA S.P.A.                       | FTSE/MIB INDEX                                           | CUSIP: 000000000<br>LEI: 8156005391EE905D3124 | N/A              | DE               | CORP              | IT        |        78 | NC      | $85907.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | PLN/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2309215.19   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE INC.                      | 3M CORRA                                                 | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DIR              | CORP              | CA        |       467 | NC      | $-26243.80    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | USD/PLN FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-75371.04    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | SILVER                                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |       116 | NC      | $-309652.39   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 2YR NOTE (CBT)                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       145 | NC      | $7548.78      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                  | FTSE TAIWAN INDEX                                        | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | N/A              | DE               | CORP              | SG        |        15 | NC      | $12590.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | SOYBEAN                                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |       -65 | NC      | $14213.27     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO-BUXL 30Y BND                                        | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -91 | NC      | $113625.06    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | GASOLINE RBOB                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |        78 | NC      | $-807738.61   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | USD/NOK FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-96995.12    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| OSAKA EXCHANGE,INC                          | TOPIX INDX                                               | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               | CORP              | JP        |        41 | NC      | $195027.95    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | MXN/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $782953.69    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  35000000 | PA      | $34318848.90  | 2.64%             | 2025-12-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MUFG BK LTD N Y BRH INSTL C 10NOV25         | MUFG BK LTD N Y BRH INSTL C 10NOV25                      | CUSIP: 55381BJW9<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |  25000000 | PA      | $25002250.00  | 1.92%             | 2025-11-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA HOUS                    | Bank of Nova Scotia/Houston                              | CUSIP: 06418NCR1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | US        |   9500000 | PA      | $9500505.40   | 0.73%             | 2025-07-14      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COCOA                                                    | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |        36 | NC      | $-11169.54    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9000000 | PA      | $8997904.53   | 0.69%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COFFEE 'C'                                               | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |        23 | NC      | $-451175.92   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BACNA CD 0 08/15/25                         | BACNA CD 0 08/15/25                                      | CUSIP: 06050FQK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  35000000 | PA      | $35004672.50  | 2.69%             | 2025-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME PRI ALUM                                             | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |      -477 | NC      | $-683421.75   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29441724.90  | 2.27%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | PLATINUM                                                 | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |       160 | NC      | $813466.53    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | AUDUSD CRNCY                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |        62 | NC      | $43467.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO-SCHATZ                                              | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |      1173 | NC      | $-200351.63   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | USD/SEK FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-109225.21   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AUSTRALIAN SECURITIES EXCHANGE TRADE24      | 90-DAY BANK BILL                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | AU        |      1019 | NC      | $-11590.19    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG FUTURES EXCHANGE                  | HSCEI                                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | HK        |       189 | NC      | $-156255.79   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| UBS Securities LLC                          | TRY/USD FORWARD                                          | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $10076.81     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                  | MSCI SING IX ETS                                         | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | N/A              | DE               | CORP              | SG        |       506 | NC      | $184063.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | C$ CURRENCY                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |       618 | NC      | $26714.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA NY                     | Royal Bank of Canada/New York NY                         | CUSIP: 78015JHL4<br>LEI: 549300HXQQQCCUBS2Z23 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $20014208.41  | 1.54%             | 2026-03-17      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP NEW YORK                    | Nordea Bank Abp/New York NY                              | CUSIP: 65558WJE9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25008952.50  | 1.92%             | 2025-11-14      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | DAX INDEX                                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               | CORP              | DE        |        24 | NC      | $225106.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NOVA SCOTIA HOUS                    | Bank of Nova Scotia/Houston                              | CUSIP: 06418NCH3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | US        |  40000000 | PA      | $40011080.00  | 3.08%             | 2025-08-21      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | E-MINI RUSS 2000                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        19 | NC      | $1732.28      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | U.S. TREASURY BOND                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -167 | NC      | $-635878.95   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| MONTREAL EXCHANGE INC.                      | CAN 10YR BOND                                            | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DIR              | CORP              | CA        |        58 | NC      | $4141.72      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STOCK EXCHANGE OF INDIA LIMITED    | IFSC NIFTY 50                                            | CUSIP: 000000000<br>LEI: 335800NLY5HYW9I7YE03 | N/A              | DE               | CORP              | IN        |       151 | NC      | $83313.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management          | Dreyfus Government Cash Management                       | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   4113394 | NS      | $4113394.19   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| OVERSEA-CHINESE BK CO NY                    | Oversea-Chinese Banking Corp Ltd/New York                | CUSIP: 69033NEY7<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | US        |  30000000 | PA      | $30002928.00  | 2.31%             | 2025-09-08      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | WTI CRUDE                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |        78 | NC      | $-693400.10   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | SOYBEAN OIL                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |       385 | NC      | $268194.03    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | LOW SU GASOIL G                                          | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              | CORP              | GB        |       129 | NC      | $-578025.97   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797QA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $13977391.96  | 1.08%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVECENTRALERAIFF06NOV25            | COOPERATIEVECENTRALERAIFF06NOV25                         | CUSIP: 21684X3D6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |  11000000 | PA      | $10997779.10  | 0.85%             | 2025-11-06      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME NICKEL                                               | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |      -125 | NC      | $637627.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| OVERSEA-CHINESE BK CO NY                    | Oversea-Chinese Banking Corp Ltd/New York                | CUSIP: 69033NHF5<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | US        |  14000000 | PA      | $13981140.54  | 1.08%             | 2025-12-17      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| OMX NORDIC EXCHANGE STOCKHOLM               | OMXS30 IND                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | SE        |       -46 | NC      | $-28403.74    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SKANDINAVISKA ENSKILDA BANK 10JUL25         | SKANDINAVISKA ENSKILDA BANK 10JUL25                      | CUSIP: 83050YAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |  10000000 | PA      | $9999810.00   | 0.77%             | 2025-07-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                    | National Australia Bank Ltd/New York                     | CUSIP: 63253T6D5<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | US        |  46200000 | PA      | $46218955.86  | 3.56%             | 2025-09-26      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN SECURITIES EXCHANGE TRADE24      | SPI 200                                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | AU        |       247 | NC      | $-88011.12    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| WESTPAC BANKING CORP NY                     | Westpac Banking Corp/NY                                  | CUSIP: 96130AZV3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | US        |  32000000 | PA      | $32038288.00  | 2.47%             | 2026-04-20      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 10YR NOTE (CBT)                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        54 | NC      | $14673.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | NASDAQ 100 E-MINI                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        71 | NC      | $900564.78    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO-BTP                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       369 | NC      | $186798.79    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO-OAT                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       246 | NC      | $-145853.77   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA EXCHANGE,INC                          | JAPAN 10Y BOND(OSE)                                      | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DIR              | CORP              | JP        |        -7 | NC      | $-17256.35    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | WHEAT (CBT)                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -358 | NC      | $239294.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | THREE-MONTH SOFR                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |     -1227 | NC      | $-489260.94   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | S&P500 EMINI                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        98 | NC      | $751980.23    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4941906.25   | 0.38%             | 2025-10-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | PALLADIUM                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |        48 | NC      | $293408.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN IMP BK COMM NY                     | Canadian Imperial Bank of Commerce/New York NY           | CUSIP: 13606DJR4<br>LEI: 549300H8L46OOZOFHU82 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10009148.00  | 0.77%             | 2026-01-23      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP NEW YORK                    | Nordea Bank Abp/New York NY                              | CUSIP: 65558WJU3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $11002576.20  | 0.85%             | 2025-12-05      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797PW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31000000 | PA      | $30736655.00  | 2.37%             | 2025-09-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MONTREAL EXCHANGE INC.                      | S&P/TSX 60 IX                                            | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DE               | CORP              | CA        |       244 | NC      | $476661.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME PRI ALUM                                             | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |       517 | NC      | $949840.75    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | EURO FX CURR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |      1060 | NC      | $4657375.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | COPPER                                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |        69 | NC      | $407095.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE EXCHANGE LIMITED                  | KRW/USD MINI                                             | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | N/A              | DFE              | CORP              | SG        |        16 | NC      | $172.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                              | CUSIP: 912797PU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $23000000.00  | 1.77%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | DJIA MINI E-CBOT                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DE               | CORP              | US        |        55 | NC      | $287192.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | 3MTH SONIA                                               | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |       403 | NC      | $-273676.62   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | MSCI EMGMKT                                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               | CORP              | US        |       441 | NC      | $428844.19    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NOVA SCOTIA HOUS                    | Bank of Nova Scotia/Houston                              | CUSIP: 06418NEA6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $11005716.70  | 0.85%             | 2025-11-06      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME ZINC                                                 | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |        83 | NC      | $43000.25     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | MSCI EAFE                                                | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               | CORP              | US        |       359 | NC      | $291687.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH AFRICAN FUTURES EXCHANGE              | FTSE/JSE TOP 40                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | ZA        |       143 | NC      | $96443.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Virtus Alternative Solutions Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer