# EDGAR Filing Document

**Accession Number:** 0001760588
**File Stem:** 0000910472-26-005964
**Filing Date:** 2026-4
**Character Count:** 62319
**Document Hash:** d1e80a62fc766ddf5c5cd966e07b1889
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005964.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-005964

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Zacks Trust
- **CENTRAL INDEX KEY:** 0001760588

**ORGANIZATION NAME:**
- **EIN:** 836534641
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23435
- **FILM NUMBER:** 26904807

**BUSINESS ADDRESS:**
- **STREET 1:** 227 WEST MONROE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-265-9359

**MAIL ADDRESS:**
- **STREET 1:** 227 WEST MONROE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Series and Classes Contracts Data

### Zacks Focus Growth ETF (Series ID: S000087747)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000253655 | Zacks Focus Growth ETF | GROZ            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS** **—** **99.0%** |  |
|  | **AEROSPACE & DEFENSE** **-** **3.0%** |  |
| 8629 | General Dynamics Corporation | $3080984 |
| 30291 | RTX Corporation | 6137563 |
|  |  | 9218547 |
|  | **ASSET MANAGEMENT** **-** **0.8%** |  |
| 2409 | Blackrock, Inc. | 2561321 |
|  | **BANKING** **-** **5.4%** |  |
| 31624 | JPMorgan Chase & Company | 9496687 |
| 15226 | PNC Financial Services Group, Inc. (The) | 3233241 |
| 79179 | Truist Financial Corporation | 3904316 |
|  |  | 16634244 |
|  | **BEVERAGES** **-** **1.5%** |  |
| 26804 | PepsiCo, Inc. | 4549711 |
|  | **BIOTECH & PHARMA** **-** **7.9%** |  |
| 11251 | Amgen, Inc. | 4367188 |
| 44406 | Bristol-Myers Squibb Company | 2769602 |
| 7685 | Eli Lilly & Company | 8084543 |
| 22965 | Johnson & Johnson | 5705195 |
| 29725 | Merck & Company, Inc. | 3680550 |
|  |  | 24607078 |
|  | **COMMERCIAL SUPPORT SERVICES** **-** **3.3%** |  |
| 25493 | Cintas Corporation | 5127407 |
| 21785 | Republic Services, Inc. | 4988765 |
|  |  | 10116172 |
|  | **DIVERSIFIED INDUSTRIALS** **-** **1.1%** |  |
| 21675 | Emerson Electric Company | 3267506 |
|  | **ELECTRIC UTILITIES** **-** **3.0%** |  |
| 47469 | American Electric Power Company, Inc. | 6352302 |
| 31944 | Southern Company (The) | 3110707 |
|  |  | 9463009 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.0% (Continued)** |  |
|  | **ELECTRICAL EQUIPMENT** **-** **0.6%** |  |
| 13497 | Amphenol Corporation, Class A | $1971372 |
|  | **ENGINEERING & CONSTRUCTION** **-** **1.5%** |  |
| 6536 | EMCOR Group, Inc. | 4736116 |
|  | **FOOD** **-** **1.4%** |  |
| 18454 | Hershey Company (The) | 4360311 |
|  | **GAS & WATER UTILITIES** **-** **0.9%** |  |
| 19945 | American Water Works Company, Inc. | 2713118 |
|  | **HEALTH CARE FACILITIES & SERVICES** **-** **4.0%** |  |
| 27512 | Cardinal Health, Inc. | 6306576 |
| 9644 | Labcorp Holdings, Inc. | 2788273 |
| 11005 | UnitedHealth Group, Inc. | 3227436 |
|  |  | 12322285 |
|  | **HOUSEHOLD PRODUCTS** **-** **2.8%** |  |
| 14178 | Estee Lauder Companies, Inc. (The), Class A | 1552066 |
| 42400 | Procter & Gamble Company (The) | 7089280 |
|  |  | 8641346 |
|  | **INDUSTRIAL REIT** **-** **0.7%** |  |
| 16143 | Prologis, Inc. | 2301508 |
|  | **INDUSTRIAL SUPPORT SERVICES** **-** **0.4%** |  |
| 30193 | Fastenal Company | 1390086 |
|  | **INSTITUTIONAL FINANCIAL SERVICES** **-** **0.8%** |  |
| 29977 | Nasdaq, Inc. | 2625386 |
|  | **INSURANCE** **-** **5.4%** |  |
| 41380 | Hartford Insurance Group, Inc. (The) | 5827546 |
| 24329 | Marsh & McLennan Companies, Inc. | 4543197 |
| 44402 | MetLife, Inc. | 3200052 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.0% (Continued)** |  |
|  | **INSURANCE - 5.4% (Continued)** |  |
| 41968 | W R Berkley Corporation | $3009106 |
|  |  | 16579901 |
|  | **INTERNET MEDIA & SERVICES** **-** **8.5%** |  |
| 70396 | Alphabet, Inc., Class A | 21946657 |
| 45293 | Netflix, Inc.<sup>(a)</sup> | 4358998 |
|  |  | 26305655 |
|  | **LEISURE FACILITIES & SERVICES** **-** **2.5%** |  |
| 13184 | Marriott International Inc, Class A | 4505368 |
| 9314 | McDonald's Corporation | 3176633 |
|  |  | 7682001 |
|  | **MACHINERY** **-** **4.4%** |  |
| 18207 | Caterpillar, Inc. | 13524706 |
|  | **MEDICAL EQUIPMENT & DEVICES** **-** **2.7%** |  |
| 34053 | Boston Scientific Corporation<sup>(a)</sup> | 2616973 |
| 7840 | Stryker Corporation | 3037687 |
| 5166 | Thermo Fisher Scientific, Inc. | 2692054 |
|  |  | 8346714 |
|  | **OIL & GAS SERVICES & EQUIPMENT** **-** **0.9%** |  |
| 75281 | Halliburton Company | 2710116 |
|  | **RESIDENTIAL REIT** **-** **0.7%** |  |
| 15263 | Mid-America Apartment Communities, Inc. | 2043105 |
|  | **RETAIL - CONSUMER STAPLES** **-** **3.2%** |  |
| 78626 | Walmart, Inc. | 10060196 |
|  | **RETAIL - DISCRETIONARY** **-** **3.8%** |  |
| 16792 | Home Depot, Inc. (The) | 6393050 |
| 32936 | TJX Companies, Inc. (The) | 5324434 |
|  |  | 11717484 |
|  | **SEMICONDUCTORS** **-** **3.1%** |  |
| 11740 | Analog Devices, Inc. | 4176975 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** | **ZACKS EARNINGS CONSISTENT PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.0% (Continued)** |  |
|  | **SEMICONDUCTORS - 3.1% (Continued)** |  |
| 14754 | Applied Materials, Inc. | $5492914 |
|  |  | 9669889 |
|  | **SOFTWARE** **-** **8.6%** |  |
| 11801 | Cadence Design Systems, Inc.<sup>(a)</sup> | 3556821 |
| 48932 | Microsoft Corporation | 19217554 |
| 12570 | Oracle Corporation | 1827678 |
| 10796 | Salesforce, Inc. | 2102953 |
|  |  | 26705006 |
|  | **SPECIALTY FINANCE** **-** **2.4%** |  |
| 23663 | American Express Company | 7309501 |
|  | **TECHNOLOGY HARDWARE** **-** **10.3%** |  |
| 80890 | Apple, Inc. | 21369520 |
| 54909 | Cisco Systems, Inc. | 4363069 |
| 41369 | Corning, Inc. | 6221070 |
|  |  | 31953659 |
|  | **TECHNOLOGY SERVICES** **-** **2.7%** |  |
| 10450 | International Business Machines Corporation | 2510195 |
| 12119 | Leidos Holdings, Inc. | 2122037 |
| 7574 | Moody's Corporation | 3617266 |
|  |  | 8249498 |
|  | **TELECOMMUNICATIONS** **-** **0.7%** |  |
| 72711 | AT&T, Inc. | 2036635 |
|  | **TOTAL COMMON STOCKS (Cost $248,845,167)** | 306373182 |
|  | **TOTAL INVESTMENTS - 99.0% (Cost $248,845,167)** | $306373182 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.0%** | 3021497 |
|  | **NET ASSETS - 100.0%** | $309394679 |

---

REIT - Real Estate Investment Trust

<sup>(a)</sup> Non-income producing security.

E Fut

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS** **—** **97.2%** |  |
|  | **ADVERTISING & MARKETING** **-** **0.7%** |  |
| 3110 | AppLovin Corporation, Class A<sup>(a)</sup> | $1352135 |
|  | **AEROSPACE & DEFENSE** **-** **2.1%** |  |
| 13024 | Astronics Corporation<sup>(a)</sup> | 1049995 |
| 9375 | Howmet Aerospace, Inc. | 2461218 |
| 8322 | Kratos Defense & Security Solutions, Inc.<sup>(a)</sup> | 717190 |
|  |  | 4228403 |
|  | **ASSET MANAGEMENT** **-** **2.8%** |  |
| 17658 | Acadian Asset Management, Inc. | 951060 |
| 6255 | Affiliated Managers Group, Inc. | 1915155 |
| 21568 | Invesco Ltd. | 566376 |
| 5621 | Robinhood Markets, Inc., Class A<sup>(a)</sup> | 426353 |
| 16002 | Stifel Financial Corporation | 1184948 |
| 6377 | T Rowe Price Group, Inc. | 603456 |
|  |  | 5647348 |
|  | **AUTOMOTIVE** **-** **0.4%** |  |
| 9394 | Visteon Corporation | 898724 |
|  | **BANKING** **-** **8.6%** |  |
| 10274 | BancFirst Corporation | 1130140 |
| 45079 | Byline Bancorp, Inc. | 1406465 |
| 63501 | California BanCorporation | 1162703 |
| 9206 | City Holding Company | 1104444 |
| 7501 | Customers Bancorp, Inc.<sup>(a)</sup> | 505867 |
| 10750 | East West Bancorp, Inc. | 1176588 |
| 34878 | First Horizon Corporation | 829748 |
| 9331 | Home Bancorp, Inc. | 551462 |
| 42786 | Home BancShares, Inc. | 1174904 |
| 20631 | Independent Bank Corporation (MA) | 1610662 |
| 5298 | Metropolitan Bank Holding Corporation | 445827 |
| 5078 | Park National Corporation | 835483 |
| 20185 | Seacoast Banking Corporation of Florida | 628157 |
| 62164 | Simmons First National Corporation, Class A | 1237685 |
| 23479 | SmartFinancial, Inc. | 920612 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **BANKING - 8.6% (Continued)** |  |
| 19415 | Southern First Bancshares, Inc., 151938513<sup>(a)</sup> | $1084134 |
| 17567 | Texas Capital Bancshares, Inc.<sup>(a)</sup> | 1674134 |
|  |  | 17479015 |
|  | **BEVERAGES** **-** **0.1%** |  |
| 4662 | Celsius Holdings, Inc.<sup>(a)</sup> | 249930 |
|  | **BIOTECH & PHARMA** **-** **5.1%** |  |
| 34985 | Alkermes plc<sup>(a)</sup> | 1053049 |
| 2314 | Alnylam Pharmaceuticals, Inc.<sup>(a)</sup> | 770377 |
| 42859 | Arvinas, Inc.<sup>(a)</sup> | 568739 |
| 11694 | Collegium Pharmaceutical, Inc.<sup>(a)</sup> | 487289 |
| 5974 | Halozyme Therapeutics, Inc.<sup>(a)</sup> | 415372 |
| 6888 | Krystal Biotech, Inc.<sup>(a)</sup> | 1898608 |
| 136396 | MannKind Corporation<sup>(a)</sup> | 447379 |
| 13356 | Mirum Pharmaceuticals, Inc.<sup>(a)</sup> | 1232625 |
| 30182 | Phibro Animal Health Corporation, Class A | 1647635 |
| 14714 | Supernus Pharmaceuticals, Inc.<sup>(a)</sup> | 805297 |
| 13378 | Tarsus Pharmaceuticals, Inc.<sup>(a)</sup> | 1010307 |
|  |  | 10336677 |
|  | **CHEMICALS** **-** **1.9%** |  |
| 4237 | CF Industries Holdings, Inc. | 421751 |
| 12121 | International Flavors & Fragrances, Inc. | 996710 |
| 123804 | Mativ Holdings, Inc. | 1342036 |
| 3558 | Qnity Electronics, Inc. | 451012 |
| 5675 | Rogers Corporation<sup>(a)</sup> | 611935 |
|  |  | 3823444 |
|  | **COMMERCIAL SUPPORT SERVICES** **-** **1.8%** |  |
| 10213 | Alarm.com Holdings, Inc.<sup>(a)</sup> | 488692 |
| 73767 | Quad/Graphics, Inc. | 509730 |
| 5998 | TriNet Group, Inc. | 228404 |
| 260676 | Vestis Corporation | 2051520 |
| 11526 | Viad Corporation<sup>(a)</sup> | 400644 |
|  |  | 3678990 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **CONSUMER SERVICES** **-** **0.3%** |  |
| 31665 | Coursera, Inc.<sup>(a)</sup> | $202973 |
| 2318 | Grand Canyon Education, Inc.<sup>(a)</sup> | 368724 |
|  |  | 571697 |
|  | **CONTAINERS & PACKAGING** **-** **0.6%** |  |
| 10559 | Crown Holdings, Inc. | 1210061 |
|  | **E-COMMERCE DISCRETIONARY** **-** **0.3%** |  |
| 44362 | Figs, Inc., Class A<sup>(a)</sup> | 685393 |
|  | **ELECTRIC UTILITIES** **-** **2.0%** |  |
| 11039 | Ameren Corporation | 1250499 |
| 1903 | Constellation Energy Corporation | 627762 |
| 12210 | Edison International | 912575 |
| 6814 | Vistra Corporation | 1184886 |
|  |  | 3975722 |
|  | **ELECTRICAL EQUIPMENT** **-** **9.0%** |  |
| 4008 | Acuity, Inc. | 1208773 |
| 5756 | Advanced Energy Industries, Inc. | 1931540 |
| 35907 | Allient, Inc. | 2364116 |
| 12859 | Amphenol Corporation, Class A | 1878186 |
| 7715 | Bloom Energy Corporation, Class A<sup>(a)</sup> | 1200994 |
| 2319 | Hubbell, Inc. | 1186470 |
| 3754 | Littelfuse, Inc. | 1323135 |
| 21019 | NEXTracker, Inc., Class A<sup>(a)</sup> | 2209096 |
| 8771 | nVent Electric PLC | 1038136 |
| 2428 | Powell Industries, Inc. | 1271301 |
| 1533 | Rockwell Automation, Inc. | 624621 |
| 3784 | SPX Technologies, Inc.<sup>(a)</sup> | 858741 |
| 15278 | Trimble, Inc.<sup>(a)</sup> | 1021640 |
|  |  | 18116749 |
|  | **ENGINEERING & CONSTRUCTION** **-** **6.5%** |  |
| 1863 | Comfort Systems USA, Inc. | 2662916 |
| 4422 | EMCOR Group, Inc. | 3204270 |
| 40762 | Great Lakes Dredge & Dock Corporation<sup>(a)</sup> | 690916 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **ENGINEERING & CONSTRUCTION - 6.5% (Continued)** |  |
| 7212 | MasTec, Inc.<sup>(a)</sup> | $2149320 |
| 2416 | MYR Group, Inc.<sup>(a)</sup> | 652223 |
| 11295 | Primoris Services Corporation | 1702382 |
| 3923 | Sterling Infrastructure, Inc.<sup>(a)</sup> | 1679554 |
| 16882 | Tetra Tech, Inc. | 605051 |
|  |  | 13346632 |
|  | **ENTERTAINMENT CONTENT** **-** **0.3%** |  |
| 2544 | Take-Two Interactive Software, Inc.<sup>(a)</sup> | 538005 |
|  | **FOOD** **-** **0.7%** |  |
| 20610 | Tyson Foods, Inc., Class A | 1339444 |
|  | **GAMING REIT** **-** **0.2%** |  |
| 14552 | VICI Properties, Inc. | 439616 |
|  | **GAS & WATER UTILITIES** **-** **0.8%** |  |
| 34634 | NiSource, Inc. | 1638188 |
|  | **HEALTH CARE FACILITIES & SERVICES** **-** **2.8%** |  |
| 4704 | Cencora, Inc. | 1750547 |
| 11227 | HealthEquity, Inc.<sup>(a)</sup> | 858753 |
| 2518 | McKesson Corporation | 2486197 |
| 34501 | Pediatrix Medical Group, Inc.<sup>(a)</sup> | 684845 |
|  |  | 5780342 |
|  | **HEALTH CARE REIT** **-** **0.7%** |  |
| 28009 | Omega Healthcare Investors, Inc. | 1351994 |
|  | **HOME CONSTRUCTION** **-** **0.3%** |  |
| 22291 | Interface, Inc. | 701944 |
|  | **HOUSEHOLD PRODUCTS** **-** **1.2%** |  |
| 46613 | Central Garden & Pet Company, Class A<sup>(a)</sup> | 1610013 |
| 7796 | Estee Lauder Companies, Inc. (The), Class A | 853428 |
|  |  | 2463441 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **INDUSTRIAL SUPPORT SERVICES** **-** **0.4%** |  |
| 22828 | Resideo Technologies, Inc.<sup>(a)</sup> | $883444 |
|  | **INSTITUTIONAL FINANCIAL SERVICES** **-** **3.5%** |  |
| 3141 | Cboe Global Markets, Inc. | 941421 |
| 3241 | Evercore, Inc., Class A | 1000950 |
| 12646 | Moelis & Company, Class A | 750667 |
| 15671 | Northern Trust Corporation | 2242363 |
| 8306 | SEI Investments Company | 675444 |
| 3365 | State Street Corporation | 432806 |
| 9193 | StoneX Group, Inc.<sup>(a)</sup> | 1172108 |
|  |  | 7215759 |
|  | **INSURANCE** **-** **3.3%** |  |
| 4793 | Allstate Corporation (The) | 1028194 |
| 5912 | Arch Capital Group Ltd.<sup>(a)</sup> | 592087 |
| 3587 | Assurant, Inc. | 823539 |
| 3478 | Brown & Brown, Inc. | 249790 |
| 8967 | Hartford Insurance Group, Inc. (The) | 1262824 |
| 2970 | Primerica, Inc. | 753370 |
| 3190 | RenaissanceRe Holdings Ltd. | 964847 |
| 29547 | United Fire Group, Inc. | 1148196 |
|  |  | 6822847 |
|  | **INTERNET MEDIA & SERVICES** **-** **0.8%** |  |
| 22549 | EverQuote, Inc.<sup>(a)</sup> | 356274 |
| 6937 | Expedia Group, Inc. | 1496242 |
|  |  | 1852516 |
|  | **LEISURE FACILITIES & SERVICES** **-** **1.6%** |  |
| 5229 | Brinker International, Inc.<sup>(a)</sup> | 774938 |
| 34867 | Carnival Corporation | 1100054 |
| 3962 | Darden Restaurants, Inc. | 847274 |
| 10517 | Las Vegas Sands Corporation | 596524 |
|  |  | 3318790 |
|  | **LEISURE PRODUCTS** **-** **0.4%** |  |
| 15758 | Amer Sports, Inc.<sup>(a)</sup> | 598489 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **LEISURE PRODUCTS - 0.4% (Continued)** |  |
| 32191 | Peloton Interactive, Inc., Class A<sup>(a)</sup> | $129408 |
|  |  | 727897 |
|  | **MACHINERY** **-** **1.2%** |  |
| 5262 | Watts Water Technologies, Inc., Class A | 1729829 |
| 4917 | Xylem Inc | 637047 |
|  |  | 2366876 |
|  | **MEDICAL EQUIPMENT & DEVICES** **-** **2.2%** |  |
| 27113 | BioLife Solutions, Inc.<sup>(a)</sup> | 656135 |
| 4829 | Illumina, Inc.<sup>(a)</sup> | 649307 |
| 17078 | Omnicell, Inc.<sup>(a)</sup> | 701906 |
| 3570 | ResMed, Inc. | 914848 |
| 11557 | Solventum Corporation<sup>(a)</sup> | 857529 |
| 17149 | Veracyte, Inc.<sup>(a)</sup> | 627482 |
|  |  | 4407207 |
|  | **METALS & MINING** **-** **2.3%** |  |
| 12361 | Alcoa Corporation | 767371 |
| 6028 | Anglogold Ashanti plc | 770198 |
| 55512 | Coeur Mining, Inc.<sup>(a)</sup> | 1507151 |
| 69219 | Hecla Mining Company | 1724244 |
|  |  | 4768964 |
|  | **MORTGAGE FINANCE** **-** **0.8%** |  |
| 84721 | Invesco Mortgage Capital, Inc. | 714198 |
| 164004 | Redwood Trust, Inc. | 992224 |
|  |  | 1706422 |
|  | **OIL & GAS PRODUCERS** **-** **0.3%** |  |
| 5570 | Expand Energy Corporation | 601114 |
|  | **OIL & GAS SERVICES & EQUIPMENT** **-** **0.5%** |  |
| 41974 | DNOW, Inc.<sup>(a)</sup> | 494454 |
| 4917 | Weatherford International plc | 518547 |
|  |  | 1013001 |
|  | **PUBLISHING & BROADCASTING** **-** **0.5%** |  |
| 13405 | New York Times Company (The), Class A | 1069585 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **REAL ESTATE OWNERS & DEVELOPERS** **-** **0.7%** |  |
| 20781 | Howard Hughes Holdings, Inc.<sup>(a)</sup> | $1503921 |
|  | **REAL ESTATE SERVICES** **-** **0.5%** |  |
| 71633 | Newmark Group, Inc., Class A | 1040111 |
|  | **RENEWABLE ENERGY** **-** **0.3%** |  |
| 53120 | Sunrun, Inc.<sup>(a)</sup> | 703840 |
|  | **RETAIL - CONSUMER STAPLES** **-** **1.5%** |  |
| 4350 | BJ's Wholesale Club Holdings, Inc.<sup>(a)</sup> | 429737 |
| 8428 | Dollar General Corporation | 1316791 |
| 17271 | Kroger Company (The) | 1178573 |
|  |  | 2925101 |
|  | **RETAIL - DISCRETIONARY** **-** **2.9%** |  |
| 7554 | Advance Auto Parts, Inc. | 401646 |
| 3354 | Carvana Company<sup>(a)</sup> | 1120773 |
| 5271 | Ferguson Enterprises, Inc. | 1374465 |
| 54344 | Macy's, Inc. | 1074924 |
| 1113 | Ulta Beauty, Inc.<sup>(a)</sup> | 762171 |
| 16613 | Urban Outfitters, Inc.<sup>(a)</sup> | 1099781 |
|  |  | 5833760 |
|  | **SEMICONDUCTORS** **-** **2.1%** |  |
| 11460 | Cirrus Logic, Inc.<sup>(a)</sup> | 1617235 |
| 33607 | Kulicke & Soffa Industries, Inc. | 2343080 |
| 9933 | Photronics, Inc.<sup>(a)</sup> | 371792 |
|  |  | 4332107 |
|  | **SOFTWARE** **-** **4.7%** |  |
| 8269 | Appian Corporation, Class A<sup>(a)</sup> | 220534 |
| 25300 | AvePoint, Inc.<sup>(a)</sup> | 272734 |
| 7351 | Blackbaud, Inc.<sup>(a)</sup> | 356818 |
| 10314 | DocuSign, Inc.<sup>(a)</sup> | 464852 |
| 29537 | Dropbox, Inc., Class A<sup>(a)</sup> | 738130 |
| 7134 | Elastic N.V.<sup>(a)</sup> | 371467 |
| 10210 | Five9, Inc.<sup>(a)</sup> | 178062 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **SOFTWARE - 4.7% (Continued)** |  |
| 6613 | Fortinet, Inc.<sup>(a)</sup> | $522625 |
| 100856 | Freshworks, Inc., Class A<sup>(a)</sup> | 788694 |
| 6505 | Guidewire Software, Inc.<sup>(a)</sup> | 945308 |
| 1509 | MongoDB, Inc.<sup>(a)</sup> | 495661 |
| 53958 | PagerDuty, Inc.<sup>(a)</sup> | 380943 |
| 15668 | Phreesia, Inc.<sup>(a)</sup> | 193186 |
| 3365 | PTC, Inc.<sup>(a)</sup> | 526925 |
| 7118 | Q2 Holdings, Inc.<sup>(a)</sup> | 342518 |
| 5141 | Qualys, Inc.<sup>(a)</sup> | 475388 |
| 66814 | Skillsoft Corporation<sup>(a)</sup> | 279951 |
| 23012 | Teradata Corporation<sup>(a)</sup> | 724648 |
| 14735 | Waystar Holding Corporation<sup>(a)</sup> | 377953 |
| 11703 | Zoom Video Communications, Inc.<sup>(a)</sup> | 865320 |
|  |  | 9521717 |
|  | **SPECIALTY FINANCE** **-** **2.0%** |  |
| 13411 | Bread Financial Holdings, Inc. | 950303 |
| 33446 | LendingClub Corporation<sup>(a)</sup> | 498680 |
| 12498 | LendingTree, Inc.<sup>(a)</sup> | 467050 |
| 63268 | New Residential Investment Corporation | 635843 |
| 62088 | SoFi Technologies, Inc.<sup>(a)</sup> | 1102684 |
| 15166 | Upstart Holdings, Inc.<sup>(a)</sup> | 412970 |
|  |  | 4067530 |
|  | **SPECIALTY REIT** **-** **1.3%** |  |
| 24918 | EPR Properties | 1480379 |
| 59674 | Postal Realty Trust, Inc., Class A | 1237042 |
|  |  | 2717421 |
|  | **STEEL** **-** **1.3%** |  |
| 3814 | Carpenter Technology Corporation | 1518239 |
| 15026 | Northwest Pipe Company<sup>(a)</sup> | 1166018 |
|  |  | 2684257 |
|  | **TECHNOLOGY HARDWARE** **-** **7.2%** |  |
| 16918 | Arista Networks, Inc.<sup>(a)</sup> | 2258553 |
| 22389 | Corning, Inc. | 3366858 |
| 14946 | Credo Technology Group Holding Ltd.<sup>(a)</sup> | 1677987 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **TECHNOLOGY HARDWARE - 7.2% (Continued)** |  |
| 4303 | Fabrinet<sup>(a)</sup> | $2347846 |
| 2721 | Garmin Ltd. | 687950 |
| 3891 | InterDigital, Inc. | 1426168 |
| 2283 | Sanmina Corporation<sup>(a)</sup> | 354459 |
| 1721 | Ubiquiti, Inc. | 1319990 |
| 4921 | Western Digital Corporation | 1376404 |
|  |  | 14816215 |
|  | **TECHNOLOGY SERVICES** **-** **2.8%** |  |
| 11334 | Affirm Holdings, Inc., Class A<sup>(a)</sup> | 532471 |
| 7259 | Leidos Holdings, Inc. | 1271051 |
| 15355 | MAXIMUS, Inc. | 1160992 |
| 74951 | Remitly Global, Inc.<sup>(a)</sup> | 1251682 |
| 37875 | Riot Blockchain, Inc.<sup>(a)</sup> | 616984 |
| 8678 | Science Applications International Corporation | 800632 |
|  |  | 5633812 |
|  | **TELECOMMUNICATIONS** **-** **0.4%** |  |
| 6642 | EchoStar Corporation, Class A<sup>(a)</sup> | 767350 |
|  | **TRANSPORTATION & LOGISTICS** **-** **1.5%** |  |
| 7122 | CH Robinson Worldwide, Inc. | 1319350 |
| 5885 | Expeditors International of Washington, Inc. | 853502 |
| 16995 | Southwest Airlines Company | 837174 |
|  |  | 3010026 |
|  | **TRANSPORTATION EQUIPMENT** **-** **0.5%** |  |
| 4087 | Westinghouse Air Brake Technologies Corporation | 1078764 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** | **ZACKS SMALL/MID CAP ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.2% (Continued)** |  |
|  | **WHOLESALE - CONSUMER STAPLES - 0.5% (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28311 | United Natural Foods, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1081763 |
|  | **TOTAL COMMON STOCKS (Cost $172,676,987)** | 198326011 |
|  | **TOTAL INVESTMENTS - 97.2% (Cost $172,676,987)** | $198326011 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 2.8%** | 5704006 |
|  | **NET ASSETS - 100.0%** | $204030017 |

---

Ltd. – Limited Company

N.V. – Naamloze Vennootschap

PLC – Public Limited Company

REIT – Real Estate Investment Trust

<sup>(a)</sup> Non-income producing security.

---

| | | |
|:---|:---|:---|
| **ZACKS FOCUS GROWTH ETF** | **ZACKS FOCUS GROWTH ETF** | **ZACKS FOCUS GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS** **—** **99.5%** |  |
|  | **AEROSPACE & DEFENSE** **-** **3.3%** |  |
| 3595 | General Electric Company | $1230425 |
| 2928 | Howmet Aerospace, Inc. | 768688 |
|  |  | 1999113 |
|  | **AUTOMOTIVE** **-** **4.4%** |  |
| 6575 | Tesla, Inc.<sup>(a)</sup> | 2646503 |
|  | **BEVERAGES** **-** **1.7%** |  |
| 7921 | Coca-Cola Company (The) | 646037 |
| 4151 | Monster Beverage Corporation<sup>(a)</sup> | 354080 |
|  |  | 1000117 |
|  | **BIOTECH & PHARMA** **-** **5.1%** |  |
| 3879 | AbbVie, Inc. | 900238 |
| 2087 | Eli Lilly & Company | 2195503 |
|  |  | 3095741 |
|  | **COMMERCIAL SUPPORT SERVICES** **-** **1.1%** |  |
| 3257 | Cintas Corporation | 655080 |
|  | **E-COMMERCE DISCRETIONARY** **-** **4.6%** |  |
| 13149 | Amazon.com, Inc.<sup>(a)</sup> | 2761290 |
|  | **ELECTRICAL EQUIPMENT** **-** **1.8%** |  |
| 7437 | Amphenol Corporation, Class A | 1086248 |
|  | **ENGINEERING & CONSTRUCTION** **-** **1.8%** |  |
| 1519 | EMCOR Group, Inc. | 1100698 |
|  | **HEALTH CARE FACILITIES & SERVICES** **-** **3.0%** |  |
| 4074 | Cardinal Health, Inc. | 933883 |
| 2348 | Cencora, Inc. | 873785 |
|  |  | 1807668 |
|  | **HOME CONSTRUCTION** **-** **1.1%** |  |
| 3799 | Armstrong World Industries, Inc. | 659127 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS FOCUS GROWTH ETF** | **ZACKS FOCUS GROWTH ETF** | **ZACKS FOCUS GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.5% (Continued)** |  |
|  | **INSTITUTIONAL FINANCIAL SERVICES** **-** **3.7%** |  |
| 1832 | Goldman Sachs Group, Inc. (The) | $1574732 |
| 3894 | Morgan Stanley | 648390 |
|  |  | 2223122 |
|  | **INTERNET MEDIA & SERVICES** **-** **16.2%** |  |
| 14588 | Alphabet, Inc., Class A | 4547955 |
| 3751 | Meta Platforms, Inc., Class A | 2431323 |
| 17917 | Netflix, Inc.<sup>(a)</sup> | 1724332 |
| 44 | Reddit, Inc., Class A<sup>(a)</sup> | 6416 |
| 5478 | Roku, Inc.<sup>(a)</sup> | 539090 |
| 6852 | Uber Technologies, Inc.<sup>(a)</sup> | 516778 |
|  |  | 9765894 |
|  | **MEDICAL EQUIPMENT & DEVICES** **-** **1.2%** |  |
| 1411 | Intuitive Surgical, Inc.<sup>(a)</sup> | 710453 |
|  | **OIL & GAS PRODUCERS** **-** **0.6%** |  |
| 2309 | Phillips 66 | 356348 |
|  | **RETAIL - CONSUMER STAPLES** **-** **6.1%** |  |
| 2246 | Casey's General Stores, Inc. | 1539835 |
| 1717 | Costco Wholesale Corporation | 1735527 |
| 3592 | Walmart, Inc. | 459596 |
|  |  | 3734958 |
|  | **RETAIL - DISCRETIONARY** **-** **4.5%** |  |
| 1582 | Home Depot, Inc. (The) | 602299 |
| 2290 | Ross Stores, Inc. | 470916 |
| 3657 | TJX Companies, Inc. (The) | 591191 |
| 1559 | Ulta Beauty, Inc.<sup>(a)</sup> | 1067587 |
|  |  | 2731993 |
|  | **SEMICONDUCTORS** **-** **15.9%** |  |
| 9063 | Broadcom, Inc. | 2896082 |
| 5557 | Lam Research Corporation | 1299727 |
| 30156 | NVIDIA Corporation | 5343341 |
|  |  | 9539150 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS FOCUS GROWTH ETF** | **ZACKS FOCUS GROWTH ETF** | **ZACKS FOCUS GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 99.5% (Continued)** |  |
|  | **SOFTWARE** **-** **10.5%** |  |
| 9992 | Microsoft Corporation | $3924258 |
| 1831 | MongoDB, Inc.<sup>(a)</sup> | 601429 |
| 2903 | Oracle Corporation | 422096 |
| 7494 | Palantir Technologies, Inc., Class A<sup>(a)</sup> | 1028102 |
| 8270 | Pegasystems, Inc. | 361647 |
|  |  | 6337532 |
|  | **TECHNOLOGY HARDWARE** **-** **9.2%** |  |
| 18736 | Apple, Inc. | 4949676 |
| 3921 | Dell Technologies, Inc., Class C | 580622 |
|  |  | 5530298 |
|  | **TECHNOLOGY SERVICES** **-** **3.4%** |  |
| 90 | Affirm Holdings, Inc., Class A<sup>(a)</sup> | 4228 |
| 1795 | Mastercard, Inc., Class A | 928392 |
| 3530 | Visa, Inc., Class A | 1130094 |
|  |  | 2062714 |
|  | **TELECOMMUNICATIONS** **-** **0.3%** |  |
| 2576 | AST SpaceMobile, Inc.<sup>(a)</sup> | 203993 |
|  | **TOTAL COMMON STOCKS (Cost $54,551,203)** | 60008040 |
|  | **TOTAL INVESTMENTS - 99.5% (Cost $54,551,203)** | $60008040 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%** | 318439 |
|  | **NET ASSETS - 100.0%** | $60326479 |

---

<sup>(a)</sup> Non-income producing security.

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** | **SCHEDULE OF INVESTMENTS** **(Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS** **—** **98.3%** |  |
|  | **Australia** **-** **4.9%** |  |
| 12256 | Australia & New Zealand Banking Group Ltd.<sup>(a)</sup> | $349274 |
| 12316 | BHP Group Ltd.<sup>(a)</sup> | 512013 |
| 18074 | Brambles Ltd. | 322631 |
| 7646 | Commonwealth Bank of Australia | 950281 |
| 960 | CSL Ltd.<sup>(a)</sup> | 100277 |
| 960 | Macquarie Group Ltd. | 145865 |
| 10868 | National Australia Bank Ltd. | 379181 |
| 7707 | QBE Insurance Group Ltd.<sup>(a)</sup> | 119198 |
| 9825 | Wesfarmers Ltd.<sup>(a)</sup> | 556773 |
|  |  | 3435493 |
|  | **Belgium** **-** **1.0%** |  |
| 3348 | Anheuser-Busch InBev S.A. | 272383 |
| 1920 | KBC Group N.V. | 260570 |
| 632 | UCB S.A. | 188502 |
|  |  | 721455 |
|  | **Bermuda** **-** **0.2%** |  |
| 1678 | Jardine Matheson Holdings Ltd. | 138435 |
|  | **Denmark** **-** **0.9%** |  |
| 573 | DSV A/S | 148199 |
| 6962 | Novo Nordisk A/S, Class B | 261919 |
| 7760 | Vestas Wind Systems A/S<sup>(a)</sup> | 199352 |
|  |  | 609470 |
|  | **Finland** **-** **1.0%** |  |
| 7248 | Metso Outotec OYJ | 151703 |
| 29720 | Nordea Bank Abp | 577958 |
|  |  | 729661 |
|  | **France** **-** **8.7%** |  |
| 1465 | Air Liquide S.A. | 308691 |
| 5299 | AXA SA<sup>(a)</sup> | 259719 |
| 4871 | BNP Paribas S.A.<sup>(a)</sup> | 549924 |
| 1155 | Cie de Saint-Gobain S.A.<sup>(a)</sup> | 117753 |
| 15599 | Engie S.A.<sup>(a)</sup> | 533490 |
| 1716 | EssilorLuxottica S.A.<sup>(a)</sup> | 456843 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.3% (Continued)** |  |
|  | **France - 8.7% (Continued)** |  |
| 2706 | Groupe DANONE<sup>(a)</sup> | $232372 |
| 57 | Hermes International SCA | 138070 |
| 442 | Kering S.A. | 149389 |
| 785 | Legrand S.A. | 142774 |
| 720 | L'Oreal S.A.<sup>(a)</sup> | 338253 |
| 551 | LVMH Moet Hennessy Louis Vuitton S.E.<sup>(a)</sup> | 354413 |
| 1665 | Safran S.A. | 669229 |
| 2700 | Sanofi S.A.<sup>(a)</sup> | 262371 |
| 1254 | Schneider Electric S.E.<sup>(a)</sup> | 410192 |
| 5743 | Societe Generale S.A.<sup>(a)</sup> | 501452 |
| 4917 | TotalEnergies S.E.<sup>(a)</sup> | 391081 |
| 1947 | Vinci S.A.<sup>(a)</sup> | 323963 |
|  |  | 6139979 |
|  | **Germany** **-** **9.0%** |  |
| 1635 | Allianz SE<sup>(a)</sup> | 738737 |
| 2613 | BASF S.E. | 150435 |
| 5744 | Bayer A.G.<sup>(a)</sup> | 285265 |
| 2014 | Continental A.G. | 174091 |
| 495 | Deutsche Boerse A.G.<sup>(a)</sup> | 135995 |
| 4146 | Deutsche Post A.G.<sup>(a)</sup> | 245555 |
| 7571 | Deutsche Telekom A.G.<sup>(a)</sup> | 305113 |
| 13862 | E.ON S.E. | 322502 |
| 4152 | Fresenius S.E. & Company KGaA<sup>(a)</sup> | 249837 |
| 541 | Heidelberg Materials A.G. | 121228 |
| 3147 | Infineon Technologies A.G.<sup>(a)</sup> | 170483 |
| 2160 | Mercedes-Benz Group A.G. | 150656 |
| 409 | Muenchener Rueckversicherungs-Gesellschaft A.G. in | 268637 |
| 215 | Rheinmetall A.G. | 422807 |
| 3408 | SAP S.E.<sup>(a)</sup> | 688771 |
| 3668 | Siemens A.G.<sup>(a)</sup> | 1072777 |
| 4336 | Siemens Energy A.G.<sup>(a)</sup> | 853206 |
|  |  | 6356095 |
|  | **Italy** **-** **3.7%** |  |
| 11580 | Assicurazioni Generali SpA<sup>(a)</sup> | 495015 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.3% (Continued)** |  |
|  | **Italy - 3.7% (Continued)** |  |
| 32102 | Enel SpA | $386863 |
| 120316 | Intesa Sanpaolo SpA<sup>(a)</sup> | 829938 |
| 1200 | Prysmian SpA<sup>(a)</sup> | 145407 |
| 9120 | UniCredit SpA<sup>(a)</sup> | 780682 |
|  |  | 2637905 |
|  | **Japan** **-** **25.6%** |  |
| 3350 | Advantest Corporation | 575978 |
| 7520 | Aeon Company Ltd. | 107215 |
| 7724 | Asics Corporation | 237114 |
| 9583 | Astellas Pharma, Inc.<sup>(a)</sup> | 159640 |
| 3360 | Bandai Namco Holdings, Inc. | 91313 |
| 4320 | Capcom Company Ltd. | 99392 |
| 4800 | Central Japan Railway Company | 141635 |
| 5520 | Chugai Pharmaceutical Company Ltd. | 369555 |
| 10560 | Daifuku Company Ltd. | 437642 |
| 4232 | Daiwa House Industry Company Ltd.<sup>(a)</sup> | 152923 |
| 480 | Disco Corporation | 232062 |
| 6557 | East Japan Railway Company | 162072 |
| 1015 | Fast Retailing Company Ltd. | 448663 |
| 20360 | Fujitsu Ltd.<sup>(a)</sup> | 467785 |
| 22174 | Hitachi Ltd.<sup>(a)</sup> | 742044 |
| 2431 | Hoya Corporation | 439998 |
| 6480 | Inpex Corporation<sup>(a)</sup> | 157679 |
| 6019 | Isuzu Motors Ltd. | 112486 |
| 30533 | ITOCHU Corporation<sup>(a)</sup> | 443825 |
| 12588 | Japan Tobacco, Inc. | 482594 |
| 11836 | KDDI Corporation<sup>(a)</sup> | 202439 |
| 730 | Konami Group Corporation | 97371 |
| 14035 | Marubeni Corporation | 539956 |
| 22467 | Mitsubishi Corporation | 761057 |
| 16511 | Mitsubishi Electric Corporation | 633416 |
| 25675 | Mitsubishi Heavy Industries Ltd | 824349 |
| 29489 | Mitsubishi UFJ Financial Group, Inc. | 560549 |
| 11085 | Mitsui & Company Ltd.<sup>(a)</sup> | 416810 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.3% (Continued)** |  |
|  | **Japan - 25.6% (Continued)** |  |
| 19169 | Mizuho Financial Group, Inc.<sup>(a)</sup> | $877773 |
| 3849 | Nexon Company Ltd. | 81853 |
| 4117 | Nintendo Company Ltd.<sup>(a)</sup> | 237136 |
| 173925 | Nippon Telegraph & Telephone Corporation<sup>(a)</sup> | 170734 |
| 21569 | Nitto Denko Corporation | 502331 |
| 4320 | Nomura Research Institute Ltd. | 120805 |
| 11031 | Panasonic Holdings Corporation<sup>(a)</sup> | 179206 |
| 3052 | Recruit Holdings Company Ltd. | 134185 |
| 5720 | Shin-Etsu Chemical Company Ltd.<sup>(a)</sup> | 225921 |
| 4821 | Shionogi & Company Ltd. | 113112 |
| 14165 | SoftBank Group Corporation | 370895 |
| 6567 | Sompo Holdings, Inc. | 262613 |
| 27579 | Sony Corporation<sup>(a)</sup> | 643360 |
| 13236 | Sumitomo Corporation | 564733 |
| 15295 | Sumitomo Electric Industries Ltd. | 1016142 |
| 11529 | Sumitomo Mitsui Financial Group, Inc.<sup>(a)</sup> | 442733 |
| 6240 | Takeda Pharmaceutical Company Ltd. | 232514 |
| 6009 | Tokio Marine Holdings, Inc. | 251149 |
| 1626 | Tokyo Electron Ltd. | 458235 |
| 3840 | Tokyo Gas Company Ltd. | 188256 |
| 37923 | Toyota Motor Corporation<sup>(a)</sup> | 928860 |
|  |  | 18100108 |
|  | **Jersey** **-** **0.6%** |  |
| 2894 | Experian PLC | 108664 |
| 41712 | Glencore PLC<sup>(a)</sup> | 300200 |
|  |  | 408864 |
|  | **Luxembourg** **-** **1.0%** |  |
| 9360 | ArcelorMittal S.A.<sup>(a)</sup> | 613894 |
| 213 | Spotify Technology S.A.<sup>(b)</sup> | 109682 |
|  |  | 723576 |
|  | **Netherlands** **-** **5.7%** |  |
| 3091 | ABN AMRO Bank N.V. 144A<sup>(c)</sup> | 103630 |
| 57 | Adyen N.V. 144A<sup>(b),(c)</sup> | 67033 |
| 1001 | AerCap Holdings N.V. | 149589 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.3% (Continued)** |  |
|  | **Netherlands - 5.7% (Continued)** |  |
| 2573 | Airbus S.E. | $560408 |
| 304 | Argenx S.E.<sup>(a),(b)</sup> | 236257 |
| 1434 | ASML Holding N.V.<sup>(a)</sup> | 2090904 |
| 12056 | ING Groep N.V.<sup>(a)</sup> | 351034 |
| 8275 | Prosus N.V.<sup>(a)</sup> | 425636 |
| 3306 | STMicroelectronics N.V. | 111034 |
|  |  | 4095525 |
|  | **Norway** **-** **0.4%** |  |
| 18165 | Orkla ASA | 248543 |
|  | **Singapore** **-** **2.6%** |  |
| 16511 | DBS Group Holdings Ltd. | 745617 |
| 12870 | Oversea-Chinese Banking Corp Ltd. | 218049 |
| 23711 | Singapore Exchange Ltd.<sup>(a)</sup> | 341174 |
| 137900 | Singapore Telecommunications Ltd. | 549476 |
|  |  | 1854316 |
|  | **Spain** **-** **5.2%** |  |
| 1686 | ACS Actividades de Construccion y Servicios S.A.<sup>(a)</sup> | 218449 |
| 9111 | Aena SME S.A. 144A<sup>(c)</sup> | 287257 |
| 38309 | Banco Bilbao Vizcaya Argentaria S.A.<sup>(a)</sup> | 894435 |
| 47295 | Banco Santander S.A.<sup>(a)</sup> | 603278 |
| 27247 | CaixaBank S.A.<sup>(a)</sup> | 338856 |
| 8640 | Endesa S.A. | 353097 |
| 22059 | Iberdrola S.A. | 522855 |
| 2872 | Industria de Diseno Textil S.A.<sup>(a)</sup> | 192915 |
| 19039 | International Consolidated Airlines Group S.A.<sup>(a)</sup> | 108720 |
| 7922 | Repsol S.A.<sup>(a)</sup> | 178079 |
|  |  | 3697941 |
|  | **Sweden** **-** **1.5%** |  |
| 6000 | Atlas Copco A.B., Class A<sup>(a)</sup> | 129674 |
| 6011 | Sandvik A.B.<sup>(a)</sup> | 266019 |
| 65371 | Telia Company A.B.<sup>(a)</sup> | 335803 |
| 8166 | Volvo A.B., B SHARES<sup>(a)</sup> | 318318 |
|  |  | 1049814 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.3% (Continued)** |  |
|  | **Switzerland** **-** **8.2%** |  |
| 4560 | ABB Ltd.<sup>(a)</sup> | $425999 |
| 2400 | Coca-Cola HBC A.G. | 155584 |
| 2485 | Compagnie Financiere Richemont S.A.<sup>(a)</sup> | 508294 |
| 1338 | Galderma Group A.G. 144A<sup>(c)</sup> | 253927 |
| 5520 | Holcim A.G.<sup>(a)</sup> | 508933 |
| 218 | Lonza Group A.G.<sup>(a)</sup> | 152048 |
| 6694 | Nestle S.A.<sup>(a)</sup> | 731239 |
| 5773 | Novartis A.G.<sup>(a)</sup> | 979964 |
| 2840 | Roche Holding A.G.<sup>(a)</sup> | 1355758 |
| 3064 | Sandoz Group A.G.<sup>(a)</sup> | 271096 |
| 1019 | Swiss Re A.G.<sup>(a)</sup> | 180199 |
| 402 | Zurich Insurance Group A.G.<sup>(a)</sup> | 303599 |
|  |  | 5826640 |
|  | **United Kingdom** **-** **17.9%** |  |
| 2564 | 3i Group PLC | 114796 |
| 5625 | Anglo American plc | 280575 |
| 4552 | AstraZeneca PLC<sup>(a)</sup> | 953492 |
| 14082 | BAE Systems plc<sup>(a)</sup> | 400835 |
| 56991 | Barclays PLC<sup>(a)</sup> | 347831 |
| 42407 | BP PLC<sup>(a)</sup> | 272995 |
| 18038 | British American Tobacco plc<sup>(a)</sup> | 1128014 |
| 10071 | Compass Group PLC<sup>(a)</sup> | 309196 |
| 5511 | Diageo plc<sup>(a)</sup> | 123481 |
| 14092 | GSK plc<sup>(a)</sup> | 418023 |
| 29279 | Haleon plc<sup>(a)</sup> | 160092 |
| 3110 | Halma PLC | 175372 |
| 88616 | HSBC Holdings PLC | 1664401 |
| 3417 | Imperial Brands plc<sup>(a)</sup> | 153124 |
| 475683 | Lloyds Banking Group PLC | 656806 |
| 1010 | London Stock Exchange Group PLC | 120604 |
| 42636 | National Grid PLC<sup>(a)</sup> | 799303 |
| 75789 | NatWest Group PLC<sup>(a)</sup> | 632273 |
| 6187 | Reckitt Benckiser Group plc | 543003 |
| 3835 | RELX PLC | 133557 |

---

---

| | | |
|:---|:---|:---|
| **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** | **ZACKS QUALITY INTERNATIONAL ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.3% (Continued)** |  |
|  | **United Kingdom - 17.9% (Continued)** |  |
| 5165 | Rio Tinto PLC | $510597 |
| 46307 | Rolls-Royce Holdings plc<sup>(a)</sup> | 832238 |
| 22888 | Shell plc<sup>(a)</sup> | 948089 |
| 6240 | Smith & Nephew plc<sup>(a)</sup> | 115342 |
| 12597 | Standard Chartered PLC<sup>(a)</sup> | 311029 |
| 5448 | Unilever plc<sup>(a)</sup> | 401415 |
| 109960 | Vodafone Group plc<sup>(a)</sup> | 169687 |
|  |  | 12676170 |
|  | **United States** **-** **0.2%** |  |
| 5488 | Neste OYJ | 137411 |
|  | **TOTAL COMMON STOCKS (Cost $60,701,029)** | 69587401 |
|  | **TOTAL INVESTMENTS - 98.3% (Cost $60,701,029)** | $69587401 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.7%** | 1202962 |
|  | **NET ASSETS - 100.0%** | $70790363 |

---

A/S - Aktieselskab

AB - Aktiebolag

Abp - Asset Business Plan

KGaA - Kommanditgesellschaft auf Aktien

Ltd. - Limited Company

N.V. - Naamloze Vennootschap

OYJ - Julkinen osakeyhtiö

plc - Public Limited Company

S.A. - Société Anonyme

SE - Structured entity

SpA - Società per Azioni

<sup>(a)</sup> The value of this security has been determined in good faith under policies of the Board of Trustees.

<sup>(b)</sup> Non-income producing security.

<sup>(c)</sup> Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of February 28, 2026 the total market value of 144A securities is 711,847 or 1.0% of net assets.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Zacks Trust

- **b. Investment Company Act file number:** 811-23435

- **c. CIK number of Registrant:** 0001760588

- **d. LEI of Registrant:** 549300OYEV0F3420ER30

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

  - **Street Address 1:** 227 West Monroe Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-265-9359

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

- **a. Name of Series:** Zacks Focus Growth ETF

- **b. EDGAR series identifier (if any):** S000087747

- **c. LEI of Series:** 52990031D35Z4JPPG463

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $60541682.07

**Total Liabilities:** $215202.82

**Net Assets:** $60326479.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253655 | -1.08%               | -0.57%               | -1.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-98244.11               | $-478276.52                                |
| Month 2  | $285053.60               | $-616020.10                                |
| Month 3  | $-8954.22                | $-1114432.57                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie Inc.                      | ABBVIE INC        | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      3879 | NS      | $900238.32    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries, Inc. | ARMSTRONG WORLD   | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      3799 | NS      | $659126.50    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp            | MONSTER BEVERAGE  | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      4151 | NS      | $354080.30    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE                | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    397068 | PA      | $397068.41    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.          | INTUITIVE SURGIC  | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      1411 | NS      | $710452.61    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.            | CARDINAL HEALTH   | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      4074 | NS      | $933883.02    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                  | ROSS STORES INC   | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      2290 | NS      | $470915.60    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                    | ALPHABET INC-A    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     14588 | NS      | $4547954.88   | 7.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                       | REDDIT INC-A      | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |        44 | NS      | $6415.64      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc        | PALANTIR TECHN-A  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      7494 | NS      | $1028101.86   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.           | TJX COS INC       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      3657 | NS      | $591190.62    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                    | NETFLIX INC       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     17917 | NS      | $1724332.08   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                         | VISA INC-CLASS A  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3530 | NS      | $1130094.20   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation               | CINTAS CORP       | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3257 | NS      | $655080.41    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc             | HOWMET AEROSPACE  | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      2928 | NS      | $768687.84    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                      | WALMART INC       | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      3592 | NS      | $459596.40    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                         | ROKU INC          | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |      5478 | NS      | $539089.98    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | META PLATFORMS-A  | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3751 | NS      | $2431323.18   | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | BROADCOM INC      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      9063 | NS      | $2896081.65   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.        | GOLDMAN SACHS GP  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1832 | NS      | $1574732.24   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                  | HOME DEPOT INC    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1582 | NS      | $602299.04    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                  | MICROSOFT CORP    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      9992 | NS      | $3924258.08   | 6.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                       | APPLE INC         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     18736 | NS      | $4949676.48   | 8.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile Inc.             | AST SPACEMOBILE   | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |      2576 | NS      | $203993.44    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc              | AFFIRM HOLDINGS   | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        90 | NS      | $4228.20      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)               | COCA-COLA CO/THE  | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      7921 | NS      | $646036.76    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                     | GENERAL ELECTRIC  | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      3595 | NS      | $1230424.70   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                      | CENCORA INC       | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      2348 | NS      | $873784.72    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc            | DELL TECHN-C      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      3921 | NS      | $580621.68    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                  | PEGASYSTEMS INC   | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |      8270 | NS      | $361647.10    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                        | TESLA INC         | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      6575 | NS      | $2646503.25   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation             | AMPHENOL CORP-A   | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      7437 | NS      | $1086248.22   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                 | AMAZON.COM INC    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     13149 | NS      | $2761290.00   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                  | ELI LILLY & CO    | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      2087 | NS      | $2195503.13   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                     | ORACLE CORP       | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      2903 | NS      | $422096.20    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                      | PHILLIPS 66       | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      2309 | NS      | $356347.97    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                  | ULTA BEAUTY INC   | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1559 | NS      | $1067587.61   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated          | MASTERCARD INC-A  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1795 | NS      | $928391.95    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                  | EMCOR GROUP INC   | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1519 | NS      | $1100697.78   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation     | COSTCO WHOLESALE  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1717 | NS      | $1735526.43   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation         | LAM RESEARCH      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      5557 | NS      | $1299726.73   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc            | UBER TECHNOLOGIE  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      6852 | NS      | $516777.84    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                   | MORGAN STANLEY    | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3894 | NS      | $648389.94    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                     | NVIDIA CORP       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     30156 | NS      | $5343341.64   | 8.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc.                     | MONGODB INC       | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1831 | NS      | $601428.57    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.      | CASEY'S GENERAL   | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2246 | NS      | $1539835.14   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** Zacks Trust

**Signature:** Edward Kelly

**Name of Signer:** Edward Kelly

**Title:** Assistant Treasurer